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HomeMy WebLinkAbout2005-08-24phone: (714) 962-2411 fax: (714) 962-0356 www.ocsd.com mailing address: PO. Box 8127 Fountain Valley, CA 92728-8127 street address: 10844 Ellis Avenue Fountain Valley, CA 92708-7018 Member Agencies • Cities Anaheim Brea Buena Park Cypress Fountain Valley Fullerton Garden Grove Huntington Beach Irvine La Habra La Palma Los Alamitos Newport Beach Orange Placentia Santa Ana Seal Beach Stanton Tustin Villa Park Yorba Linda County of Orange Sanitary Districts Costa Mesa Midway City Water Districts /rvme Ranch ORANGE CO UNTY SAN ITATIO N DISTR ICT August17,2005 NOTICE OF MEETING BOARD OF DIRECTORS ORANGE COUNTY SANITATION DISTRICT WEDNESDAY, August 24, 2005-7:00 P.M. DISTRICT'S ADMINISTRATIVE OFFICES 10844 Ellis Avenue Fountain Valley, California 92708 The Regular Meeting of the Board of Directors of the Orange County Sanitation District will be held at the above location, time and date. PDC COMMITIEE OMTS COMMITTEE GWR SYSTEM STEERING COMMITIEE FAHR COMMITTEE STEERING COMMITTEE -Thursday, September 1, 2005 at 5:00 p.m. -Wednesday, September 7, 2005 at 5:00 p.m. -Monday, September 12, 2005 at 5:30 p.m. @OCWD -Wednesday, September 14, 2005 at 5:00 p.m. -Wednesday, September 24, 2005 at 5:00 p.m. To maintain world-class leadership in wastewater and water resource management. BOARD MEETING DATES Board Meeting September 28, 2005 October 26, 2005 *Novernber16,2005 *Decernber21,2005 January 25, 2006 February 22, 2006 March 22, 2006 April 26, 2006 May 24, 2006 June 28, 2006 July 26, 2006 August23,2006 *Meetings are being held on the third Wednesday of the month H:\dept\pa\320\BS\Agenda\2005 Meeting Notices\MNB.2.doc ,; 'lo • 'ii ROLL CALL BOARD OF DIRECTORS ORANGE COUNTY SANITATION DISTRICT MEETING DATE: TIME: __ _ ,rf (SIMONIAN) .................... ANDERSON ................... _L_ ~ __ (YOST) ............................ ANTOS ......................... L_ ~ __ (WILSON) ........................ BANKHEAD ................... _L _L_ __ (AMBRIZ) .......................... CAVECCHE ................... _L_ ?3:S?{)t? 3&1./.J- (GARCIA) ......................... CHRISTY ..................... _L_ ~ __ (COLLINS) ........................ CRANDALL. .................. _L_ ? 3 ~..t Al"-? 31,1') (ROSEN) .......................... DAL TON ....................... _L_ _L_ ___ _ (KAWASHIMA) ................. DAVERT ...................... _L_ _L_ ___ _ (SHAWVER) ................... :El@T80~J.. .... ..... .. . ....... _ie::_ O:M:_ __ (WILSON) ......................... DUVALL. ..................... _L_ ~ __ (UNDERHILL) ................... ECKENRODE ................. --LL_ -VL-__ (SCHAFER) ...................... FERRYMAN ................... _L.. ~ __ (BORTLE) ......................... FRESCHI ................... __L_ _L_ __ (COOK) ............................ HARDY ......................... _L__ _L_ __ (CHOI) .............................. KANG .......................... _L _L_ __ (SONDHI) ......................... LUEBBEN ..................... _L_ ±_ __ (DOW) .............................. MARSHALL.................. _L._ _L_ _ _ (REINHART) ..................... MILLER ......................... ~ t:Jf../ ___ _ (BEAUMAN) ..................... MOORE ........................ _L_ __L_ _ _ (KIRKPATRICK-PILGER). NEUGEBAUER .............. _L_ ~ __ (DRISCOLL) ..................... PARKER. ...................... _L_ _L _ _ (WEBB) ............................ Rl80E'/#tY........ ..... ...... J/ _L_ ___ _ (HERNANDEZ) ................. SIDHU .......................... ~ _L_ __ (CORREA) ........................ SILVA........................... v v -~--(RODRIGUEZ) .................. WALDMAN .................... ~ ____ _ STAFF: Anderson Arhontes Beekman Ghirelli Herberg Kovac Kyle Ludwin Miles Tomko White OTHERS: Hog in Nixon 07/20/05 ~ / 0/ i/ / i/ 1/ ,/ v v v / CX~ -aM.' ') 3 ~/~, ? 3 l/L/3/ ? 3S1.1JD1 ?3?33 r-t~ f;:J,~ ~ tfUltJ~ ~~ e~ ~~ ~~· ~~~1~ ct~ H:\dept\admin\BS\DIRECTOR\Directors Roll Call.doc ; . SIGN-IN SHEET ORANGE COUNTY SANITATION DISTRICT ~1~/U_"ri----~~~~~t/--T/-~~()_V.~S-___ BOARD MEETING NAME ORGANIZATION/FIRM (please print) (please print) ~,\) .~ Kor) t'e L e ~ rv\/A " ~ \() ·1-~ Q r ~ -- AA~ iA'. 1\/1 t L..L--21,-<-'~-/L-~ 2i"'--t ,,,_ I , -~--. ' "" , _, { .. / . ..., H:\WP .DTA\ADMIN\BS\FORMS\SIGN-IN FORM. DOC This Executive Summary has been prepared as a quick reference guide to the Orange County Sanitation District's (OCSD) Budget for Fiscal Year (FY) 2005-06. The full budget is available at www.ocsd.com OCSD's cwo creacmenc planes, locaced in Founrnin Valley and Huncingcon Beach, process 250 lllillion gallons of wascewacer each day gencraced by approximacely 2.4 million people and businesses in ics service area covering cencral and northwest Orange County. OCSD manages 650 cons of biosolids per day. In addition ro treatment and disposal system operating costs, O CSD also lllaintains 620 llliles of sewers, known as the collection system. OCSD's budget for FY 2005-06 continues ro rellect the agency's ongoing efforts co streamline operacions and lower operational and maintenance coses to match those agencies that are "best in class" for wastewater treatment fac ilities. These efforts arc becoming continually lllore challenging due ro mounting demands and increases in the levels of services whic h are causing the cash flow needs of the agency ro grow. Considering the Capital lmprovemenc Program (CIP) alone, the 2002 Interim Strategic Plan Update and 2005 Validation Srndy of the CIP idcntifi.:d 115 large capital projects and 33 special projects co be constructed over the next 15 years at a coral cost of $2.57 billion. SOURCES OF FUNDING USES OF FUNDING note: dollor m1101mr in millions Sources of Funds OCSD has a variety of revenue sources for operating crnd cc1pital expenses. The major sources are: property taxes, connection fees, user fees, industrial waste permit user fees, interest earnings and debt proceeds. Revenue budget for FY 2005-06 is proposed at $464.4 million, a 123 .5 percent increase over the prior year projected total of $207 .8 million. This increase is due ro the ancicipated new debt issuance of $200 million and the $34.0 million that is expected robe generated from the increase of$36 in the annual single fami ly residence user fee. OCSD's revenue has been negatively impacted by the state's fiscal crisis. Due to the scates's property tax shift, OCSD's property tax revenue is projected ro be reduced in FY 2005-06 by $8.2 million for the second consecutive year. Uses of Funds Capital Improvement Program budget for FY 2005-06 is proposed at $2 77 .1 million, a 20.0 percent increase over the prior year's budget of $23 1.2 million. This increase is primarily attributable ro increased cash outlays for construction projects as OCSD moves towards reaching secondary treatment discharge standards by the target date of December 31, 2012. Included in the CIP budget are necessary rehabilitation projects to upgrade aging infrastructure. Operations and Maintenance budget for FY 2005-06 budget is $117.8 million, an increase of $8.6 mi ll ion over the prior year. These arc the funds needed to operate and maintain our facilities as well as manage our sewage collection, treatment and disposal systems. The Debt Services budget for FY 2005-06 is $48.6 million. These funds are required to pay principal and interest on OCSD's outstanding long-term debt obligations. Collection, Treatment and Disposal Costs The cost ro collect, treat and dispose of a million gallons of wastewater, an industry- wide performance measuremenr, is expected ro increase in FY 2005-06 ro $1,246. This is a $10 1, or 8.8 pe rcent increase over the prio r year projection of $1, 145. In addition, wastewater flows are expected to increase from 244 million gallons per day (mgd) in FY 2004-05, to 250 mgd in FY 2005-06, a 2.5 percent increase. The increases in the cost is attributable to: the increase in flows, disinfection, the move ro meet secondary treatment discharge standards, the increased amount of biosolids as a result of increased local regulations, water recl<unation and conservation, and urban runoff diversions. Strategic Plan In June 2002, OCSD completed the lnrcrim Strategic Plan Update which COST PER MILLION GALLONS $1,500 $1,000 $500 $0 99.()0 00.()1 01.()2 02.()3 03.()4 04.()5 05.()6 Proj. Budget evaluated the affects of critical facrors such as population growth, new construction, the volume of wastewater delivered ro the plants and viable water conservation and reclamation programs. The implementation of the 2002 Interim Strategic Plan Upd<tte requires a Treatment Plant Capital Improvement cash flow budget of $215.6 million and a Collection System Capital Improvement cash flow budget of $6 1.5 million, or increases of 50.6 percenr and 63.0 percent from the FY 2004-05 estimated cash flows, respectively. Total projected cost for all of the 115 proposed projects is $2.57 bill ion. Summary of Operating and Maintenance Expenses Collection, Treatment & Disposal Operations 2003·04 2004·05 2005·06 Actual Budget Budget Net Salary, Wages & Benefits $57,851,571 $65,666,350 $69,567,800 Administrative Expenses 879,841 1,298,260 1,252,050 Printing & Publication 414,861 423,990 525,960 Training & Meetings 979,805 1,019,760 1,327,750 Operating Expenses 13,631,536 17,756,270 20,500,670 Contractual Services 13,088,027 13,143,500 14,281,050 Professional Services 3,341,139 4,728,740 4,076,790 Research & Monitoring 1,460,155 1,223,900 1,411,610 Repairs & Maintenance 7,815,294 7,959,250 8,262,250 Utilities 5,408,221 6,027,150 6,072,100 Other Mtrls, Supplies & Outside Services 4,785,847 1,461,800 4,098,810 Capital Grants to Member Agencies 3,050,918 4,000,000 2,500,000 Cost Allocation-GIP (13,905,094) (15,489,040) (16,085,900) Total Operating & Maintenance 98,802,121 109,219,930 117. 790,940 Revenues & Offsets (3,632,521) (3,000,000) (4,100,000) Net Operating & Maintenance $95,169,600 $106,219,930 $113,690,940 Tliis clwn is a dewiled summcny of 1/te 0 /1erating a nd Maintenance expenses budgeted for FY 2005-06 compared ro the FY 2004-05 budger and FY 2003-04 acuwl. Levels of Treatment In 2002, OCSD's Board of Directors made two voluntary decisions to change the levels of treatmenl: 1) Lu disinfect all the treated wastewater being released through the ocean pipeline each day; and 2) to revoke OCSD's modified ocean discharge permit, issued under the Federal Clean \Xlater Act, and move towards operating its facilities to meet secondary treatment standards as defined by the Act. The addition of disinfection treatment requires an annual outlay of$7 million in additional chemicals within the treatment and disposal budget of OCSD. It assures that recreation areas arc protected from pathogens and that the marine li fe is also protected. The CIP for FY 2005-06 includes three projects totaling $679 million to upgrade OCSD's treatment plants to meet secondary treatment standards. Achieving this level of treatment will take until 2012, about 7.5 years to complete. A vol unrary consent decree was negotiated between OCSD, EPA and the Srnte Water Resources Control Board concurren tly with the issuance of a new five-year permit. This consent decree approves the schedule and assures that no penalties will be imposed for discharges exceeding the secondary limits during the period of construction as long as the interim effluent limits are met. Sewer Service Fees OCSD adopted a single family residential annual user fee rate of $151 for FY 2005-06. The 2005 Validation Study of the CIP developed a CIP to meet secondary treatment srnndards as quickly as possible while providing for increased flows and refurbishment of existing facilities. Over the next ten years, the C IP cash flow needed will be $2.4 billion; an average of $237.8 million. The Proposition 218 notification process and public hearing required for an nual rate increases through FY 2007-08 has been conducted. The impact of this five-year sewer fee schedule, that began in FY 2003-04, could increase the ;mnual single family residential user fee rate up to $21 7 annually in FY 2007- 08. These proposed rates arc still well below the current average annual sewer rate of $3 13 being charged throughout the state. Staffing The proposed authorized StHffing level for FY 2005-06 is 644 full-time equivalent positions (FTE). T his is an increase of 15 FTE's from the FY 2004-05 budget, due primarily to the aggressive capiral improvement progrnm. A noteworthy fact is that even though this is a increase of 15 FTE's from the FY 2004-05 budget, it is still a reduction of 34 positions from the FY 1995-96 approved staffing level of 678 positions. UNIFYING STRATEGIES (STRATEGIC GOALS) The four Unifying Strategies represent OCSD's long-term commitment to excellence and established the framework necessary to maintain world-leader status. These strategies are annually reevaluated to ensure they remain vital. Environmental Stewardship OCSD will participate collaboratively in the protection of regional water resources for the benefit of the people we serve. Wastewater Management OCSD will beneficially reuse and recycle water and other resources using safe ;md effective wastewater systems. Business Principle OCSD will make every decision based on short and long-term environmenral. societal, and financial impacts (the triple bottom line). Workplace Environment OCSD will provide an environment of partnership, growth, opportunity, responsibility and accountability. -•4 -~ 1~ !;!J!J'J ~ :.J!JJJJJJJ!..11} Adopted June 22, 2005 HARRY M. DOTSON August 23, 1926 -August 24, 2005 HarryM. Dotson was born August 23, 1926 in Portland Oregon. He obtained his BS degree from Springfield College, Springfield, MA in 1952. Harry served in the U.S. Navy from 7 /44 to 7 /46 as an aircraft mechanic. Harry was an investigator for the U.S. Civil Service Commission and then an Energy Conservation Officer for the U.S. Department of Energy of which he retired in 1982. Harry M. Dotson has been a resident of Stanton for 46 years. Harry has served the City of Stanton in many capacities beginning as a Planning Commissioner from 4/76 to 2/85, as a Parks and Recreation Commissioner 2/87 to 9/88, and again on the Planning Commission from 9/88 to 11/90. Harry M. Dotson was first elected to the Stanton City Council in 11/90 and re-elected three times. He graciously served as Mayor three times, 12/94 to 12/95, 12/98 to 12/99 and 12/04 to 8/05. Harry M. Dotson was actively involved in the Stanton Community volunteering many years for various organizations. He was a current member of the Stanton Post 783 American Legion for 45 years, past President and board member of the Stanton Neighborhood Center, past President and current member of the Board of Directors of the Stanton Boys and Girls Club, and current member of the Stanton Lions Club since 1994. Harry is a member and a former usher of the Crystal Cathedral Church and a Member in good standing of the Garden Grove Masonic Lodge and Shriners. As an Eagle Scout himself, the Boy Scouts of America was close to Harry's heart. He was a member of the Boy Scout Troop 184 Committee, Cubmaster Pack 84, and a Current member of the El Capitan District Boy Scout Council. Harry M. Dotson is survived by two children, Barbara Dotson and Thomas Dotson. Harry is predeceased by his wife of fifty years, Natalie G. Dotson. Harry's hobbies and interests were his family, community, golf and current events. Harry's favorite phrase: Go Anaheim Angels! Family has asked that in lieu of flowers donations be made to the Stanton Boys and Girls Club Teen Center. Harry always said, "It's for the kid's". A CREATIVE MANAGEMENT SOLUTIONS, INC. August23,2005 Mr. Doug Davert Mayor Pro Tern CllY OF TUSTIN 300 Centennial Way Tustin, CA 92780 Dear Mr. Davert: Thank you for requesting that our firm conduct a Management Assessment of the General Manager of the Orange County Sanitation District. We were pleased to hear of your references to the City of Los Alamitos, City of Orange, and the Orange County Vector Control District, whom we have assisted with similar types of reviews. The Management Ad Hoc Committee of the Board of Directors has requested an independent review of the management effectiveness of the General Manager in 17 areas. The Consultant would be expected to review legal findings with respect to whether the General Manager has conformed with District contracts and conflict of interest statutes, and would evaluate the Dharma contract in terms of services provided. CMS would present its findings and a specific action plan leading to improved organizational effectiveness. The General Manager and Executive Management Team would be directly included in the evaluation process, as well as the Board of Directors. We have presented our work plan, timelines and fees in the pages that follow. In the past several years, we have completed similar types of assessments for other clients. Meanwhile, please contact us at (714) 281-7300 or barrv@creativemgtsolutions.com if you should have any questions. Sincerely, Barry C. Newton, Managing Director Creative Management Solutions, Inc. (CMS) Orange County Sanitatiion District Management Assessment Work Plan: CMS 08/23105 _________ _ IA. PURPOSE QF, TrlHE ~SSES$MENlj The goals of the study are to obtain feedback regarding the General Manager's effectiveness, and to address 17 critical areas in accordance with Board resolution of 07120105 . The ability of the General Manager to effectively lead and motivate department heads and employees, communicate effectively with the Board, and uphold professional standards of conduct, is essential to operational success of the District. One of the best means of evaluating managerial effectiveness is to obtain feedback from individuals who have interfaces with the General Manager and other members of the management team. A facilitator is often used to collect information and to conduct interviews to gain further insights into the process. The evaluation process can be supplemented by an independent legal review and an assessment of particular District policies and practices. The audit will provide valuable feedback to the Board of Directors, the General Manager, and members of the Executive Management Team. This assessment can also provide an opportunity to improve employee relations, recognize management strengths, and identify areas requiring policy changes and individual development. A new performance assessment program and individual development plan for the General Manager can be created as part of the Board's planning processes. The Management Ad Hoc Committee wants to assure that the General Manager, and Dharma Consulting have conformed with the District's Administrative Policies and contract requirements. CMS would review the results of these independent assessments as part of our plan. The following ten major tasks would be part of the study process: 1. Initiate planning meeting with the Management Ad Hoc Committee, to review study goals and concerns, and discuss the work methodology that will be used to provide fair and meaningful information in a timely manner; conduct orientation meeting with members of executive management team and General Manager to introduce study. 2. Analyze current performance appraisal program for General Manager and department heads; assess performance standards, goals, and rating criteria; establish improvements that can be used in conjunction with the action plan for the General Manager, as supported by the management team . 3. Conduct individual confidential interviews with Board members and members of the Executive Management Team; maintain availability for confidential discussions with other District employees to gain additional insights into effectiveness of the General Manager in performing expected job functions, making appropriate decisions, and conforming with the District's standards of employee conduct. Consider General Manager's self-evaluation during review process. 2 Orange County Sanitatiion District Management Assessment Work Plan: CMS 08/23/05 _________ _ 4. Expand upon the assessments of the General Manager and each management team member given additional insights obtained through the interview process. Identify proficiency areas as well as opportunities for improvement. 5. Analyze General Manager's accountabilities with respect to 17 issues areas, including the job design of an Assistant General Manager position, an audit of Board information requests, the Consent Calendar, and District expenditures. 6. Examine content of Dharma program for appropriateness, and the General Manager's conformance with bidding and selection requirements, and scope of work standards identified in Dharma contracts. 7. Produce draft study results by issue and policy item, and by question item and response category, showing survey and interview results by issue area, while protecting the confidentiality of individual evaluator responses. 8. Draft overview of study purpose, methodology, findings and recommendations, including individual development needs at the General Manager level. 9. Present study report to Management Ad Hoc Committee for review and comments, and then to the Board of Directors for general review and comments. 10. Present Final Report to the Board; present findings to the General Manager and management team members in individual coaching sessions. The study would be initiated on or about August 25, 2005, and given Board approval on that date, would be completed by September 30, 2005, based upon the ten tasks shown above. The cost of these services would not exceed $18,750. The actual costs will be dependent upon the methodology approved by the Personnel Committee and would be based on ou r composite rate of $125 per hour. The Orange County Sanitation District would be responsible for major reproduction expenses associated with the copying and distribution of the survey results. The study would be billed in three increments on a bi-weekly cycle, based upon actual work performed , with payment due and payable to the Consultant within 30 days of the receipt of each invoice by the District. It is expected that the District has a professional services contract that the Consultant will review and the inform ation presented in this proposal will be incorporated within this signed agreement. 3 Orange County Sanitatiion District Management Assessment Work Plan: CMS 08123105 _________ _ a. Creative Management Solutions, Inc. is a California Corporation that specializes in classification, compensation and performance assessment services. The organization's staff consists of four employees with operations centered in Anaheim, California. CMS has been in business since 1989 and was originally founded as a sole proprietorship. The firm has served over 150 clients in the public, private and non-profit sectors in the past 15 years. b. Examples of governmental entities that CMS has conducted analyses for in Orange County include Anaheim, Brea, Buena Park, Costa Mesa, Costa Mesa Sanitary District, Cypress, Fullerton, Huntington Beach, Lake Forest, La Palma, Mission Viejo, Newport Beach, Orange, Orange County Fire Authority, San Clemente, Santa Ana, Stanton, TCA, Tustin, and Yorba Linda. c. The Consultant has proper insurance, including Automotive, Workers' Compensation, General Liability, and Errors and Omissions Insurance. d. In Section E, the Consultant has presented the resumes of Barry Newton, who as Managing Director will be leading the study process. e. Additional information is available on our website at www.creativemgtsolutions.com David Hill, Human Resources Director CITY OF ANAHEIM 200 South Anaheim Boulevard, #332 Anaheim, CA 92805 (714) 765-5209 Dhill@anaheim.net Robert Dunek, City Manager CITY OF LAKE FOREST 25550 CommerCentre Drive Lake Forest, CA 92630 (949) 461-3455 mpayne@ci. lake-forest. ca. us Tim O'Donnell, City Manager CITY OF BREA One Civic Center Circle Brea, CA 92821-5732 (71 4) 671-4400 4 Orange County Sanitatiion District Management Assessment Work Plan: CMS 08/23/05 _________ _ SUMMARY ®F QUAllFl€'A.Tl9.NS: BARRY C. NEWTON, MANAGING DIRECTOR CREA'lilVE MANAGEMENT SOLUTIONS, INC. (CMS) As founder of Creative Management Solutions, Inc., Mr. Newton specializes in organization design, performance assessment systems, and compensation programs. Mr. Newton, and other associates of the firm, develop and implement customized plans, strategies and training programs for a diverse range of clients. The firm was originated in 1989 and has served over 150 clients in the private, public and non-profit sectors since that time. Mr. Newton has a broad variety of corporate, administrative and consulting experience, including human resources management and compensation specialist positions with General Dynamics Corporation, Hay Management Consultants, the California Institute of Technology, and the Los Angeles Metropolitan Transportation Authority. As a management consultant with over 25 years of experience in the field, Mr. Newton has worked with a diverse range of private and public sector clients. Exa mples of private sector clients include Behr Process Corporation, Kingston Technology, Epicor Corporation, Knott's Berry Farm, Kwikset Corporation, Matria Healthcare, McGaw, Inc., National Bank of Southern California , National Education Corporation, Princess Cruises, Ricoh Electronics, Inc., and Viewsonic Corporation. Examples of public and non-profit sector clients that CMS has assisted include Goodwill Industries of Orange County, Riverside County Transportation Commission, Costa Mesa Sanitary District, Transportation Corridor Agencies, Orange County Fire Authority, Elsinore Valley Municipal Water District, California State University at Fullerton, California Baptist University, and the Cities of Anaheim, Brea, Corona, Cypress, Huntington Beach, Lake Forest, Los Alamitos, Orange, Palo Alto, San Clemente, and San Jose. Mr. Newton holds a Master's degree with a specialization in management from the University of Southern California and a Bachelor's degree in the behavioral sciences from the University of California, Berkeley. He has been an instructor in Performance Appraisal, Compensation Administration, and Human Resources Management classes at the U.C. Irvine Extension Programs over the past 20 years. He has also served as a guest lecturer in the human resources practices with the Employers Group, IPMA, NHRA, PIHRA, and SCPMA and various professional organizations. 5 ORANGE COUNTY SANITATION DISTRICT AD HOC COMMITTEE -GENERAL MANAGER REVIEW REPORT TO STEERING COMMITTEE AND BOARD OF DIRECTORS August 24, 2005 To: Steve Anderson, Chair -Board of Directors From: Doug Davert, Chair -Ad Hoc Committee-General Manager Review Since the last meeting of the Board of Directors, the Ad Hoc Committee-General Manager Review has met twice. By consensus of the committee, we have determined our top priorities to be the following: 1. Initiate a management audit of OCSD to determine the effectiveness of current management, conduct a performance review of the General Manager, and develop performance standards for the General Manager looking forward; and 2. Initiate an audit of the Dharma consulting contract. To that end, we have solicited proposals for the management audit, and will seek additional input from the Steering Committee regarding the Dharma audit. Management Audit We contacted two (2) reputable consultants with respect to the management audit. We contacted Mr. Lloyd Prosser, formerly of EMA Services, and Mr. Barry Newton of Creative Management Solutions. Some members of the committee were familiar with one or the other. Mr. Prosser indicated that his business situation prevented him from responding to· us at this time. Mr. Newton met with me informally to discuss our needs, presented a draft proposal, and met with the committee to discuss his proposal. Based on input he received from the committee, he revised his proposal and it is presented with this report for your consideration. The cost of the contract as proposed is $18,750. However, the scope of the contract can be modified at any time with additional time to be billed at $125/hour. As you will see, the scope of work is extensive and thorough and should address the concerns of the Board as recorded from the last meeting of the Board of Directors. Included in this review are some aspects of the Dharma program. Mr. Newton's review of the Dharma program will be limited to content and the appropriateness of the program for a public agency. He will not be reviewing any legal or accounting aspects of the contract. Audit of Dharma Program The committee seeks additional guidance with respect to the proposed audit of the Dharma program. Most of the committee is comfortable with hiring Moreland & Associates (or a similar firm) to conduct a compliance audit. The scope of such an audit would be to ensure proper procurement procedures were followed, that OCSD was properly billed, and that no financial irregularities exist. At least one member of the committee would prefer to hire an outside attorney to review the contract for compliance with OCSD policies. The Steering Committee and/or the Board should provide additional input as to scope which will assist us in determining the type of services to be engaged. It should be noted that, because of an abandoned public records request, all of the Dharma records have been assembled by staff and are ready for immediate review. Conclusions/Recommendations The Committee recommends that: I. The Board retain Creative Management Solutions on the terms contained the attached proposal; and 2. The Board provide additional input with respect to the Dharma audit or provide directions to staff to retain Moreland (or a similar firm) to commence an audit forthwith. OCSD Poster Exhibit: Wastewater Management Enterprise GIS 25th Annual ESRI International User Conference July 24-29, 2005, San Diego The Orange County Sanitation District (OCSD) has adopted an enterprise Geographic Information Systems (GIS) organizational model for technology management and implementation. This is an example of one of the posters OCSD showcased at the conference. These maps, charts, images, and descriptions highlight some of our accomplishments and indicate future GIS evolution at the agency. STATE OF CALIFORNIA) ) SS. COUNTY OF ORANGE ) Pursuant to California Government Code Section 54954.2, I hereby certify that the Notice and Agenda for the Regular Board Meeting of Orange County Sanitation District to be held on a~ .:) '( , 2005, was duly posted for public inspection in the main lobby of the Districts' offices on a~ I? , 2005. ;pf- IN WITNESS WHEREOF, I have hereunto set my hand this ; l) day of {)tl~ t 2005. 0 Penny M. Kyle, ecreta Board of Directors Orange County Sanitation District H:\DEPT\ADMIN\BS\FORMS\AGENDA CERTIFICATION.DOC • phone: (714) 962-2411 fax: (714) 962-0356 www.ocsd.com mailing address: P.O. Box 8127 Fountain Valley, CA 92728-8127 s treet address: 10844 Ellis Avenue Fountain Valley. CA 92708-7018 Member Agencies • Cities Anaheim Brea Buena Park Cypress Fountain Valley Fullerton Garden Grove Huntington Beach Irvine La Habra La Palma Los Alamitos Newport Beach Orange Placentia Santa Ana Seal Beach Stanton Tustin Villa Park Yorba Linda County of Orange Sanitary Districts Costa Mase Midway City Wate r Districts Irvine Ranch ORANGE COUNTY SANITATION DISTRICT August17,2005 To the Chair and Members of the Board of Directors Subject: Board Letter The following are items that you may find interesting. If you need additional information on any of the items, please call me. Urban Runoff Diversions are Working! Bacteria levels at Huntington State Beach have significantly declined since the inception of the District's urban runoff diversion program in 2000. That is the conclusion of a review of beach water quality data collected since 1997 conducted by a team of Sanitation District scientists including George Robertson, Hai Nguyen and Charles McGee. By evaluating data collected before and after the diversions were put in place in 2000, they were able to demonstrate an improvement since the District began accepting urban runoff from the Talbert Marsh and Santa Ana River drainage areas. The results support the findings of the Orange County Health Care Agency's annual water quality report which indicates a reduction in the number of beach closures and postings each year since 2000. A Sanitation District Fact Sheet describing the urban runoff program and these recent results is attached. NRCS and FEMA Funding We have been awarded $1.6 million in disaster assistance funding from the USDA's Natural Resources Conservation Service (NRCS). This award is for Phase II of the Santa Ana River Interceptor (SARI) Emergency Repair Project. The funds from NRCS will be used to offset costs for repair work that includes protecting manholes in the riverbed and repairing access roads leading to the manholes. This funding of an urban project is a real success for the Sanitation District as NRCS grants typically are only awarded to rural agricultural related projects. We pursued this funding from NRCS after the President's disaster declaration for the heavy rains in December and January 2005. Sanitation District's SARI facilities were impacted by this storm event when the United States Army Corps of Engineers released record high volumes of stormwater from the Prado Dam into the Santa Ana River where the SARI pipeline is located. As a result of these releases, considerable erosion occurred around the SARI pipeline facilities. The erosion of soil cover over the SARI pipeline has created a potentially unsafe condition that cou ld result in a pipeline failure. The SARI Emergency Repair Project Phase I and II will correct this situation. The Sanitation District has also put in a request to the Federal Emergency Management Agency (FEMA) for reimbursement of costs incurred from Phase I of the SARI emergency repair work that had to be conducted immediately after the storm event. To maintain world·class leadership in wastewater and water resource management. Board of Directors Page 2 August17,2005 Long-term repairs to the line will occur after the Corps of Engineers has completed an Environmental Impact Statement, designed the improvements, received funding and completed the work. The Sanitation District has been actively pursuing a solution for ten years. Local opposition, funding problems and layers of federal regulations and procedures have frustrated an early fix. In the meantime, the emergency repair work will continue each spring and summer after the river runs high during wet winters. See the attached letter from the State and the letter from the Sanitation District to the Regional Water Quality Control Board. The State Thanks Our Source Control Inspectors The California Department of Toxic Substance Control recently filed 24 felony counts against an Orange County industry. Our Source Control Inspectors Deon Carrico, Kelly Christensen, Tom Walker, Dave Francis, Mary Sue Thompson, Tim Foley, Darryl Ennis, and Darrin Canen provided much of the support and data gathering. See the attached letter from the State, thanking us for the help and lauding the quality of the work. Advisory Panel to Review Progress Toward Secondary Treatment An advisory panel convened by the National Water Research Institute (NWRI) will meet at the Sanitation District August 23 to review the District's progress toward achieving secondary treatment standards. The panel was created in 2003 as an independent public forum for monitoring the Sanitation District's secondary treatment program. This will be the second meeting of the panel, the first occurring in September 2003. Sanitation District staff will present information to the panel regarding its ocean discharge permit and consent decree, secondary treatment construction program, and interim efforts to ramp-up the level of secondary treatment with existing facilities. The panel will also tour both Plants 1 and 2 to see firsthand the construction that is underway. The panel has 12 members representing a range of interests including technical professionals, academics, agency personnel and environmental groups. Sometime after the meeting, it is expected the panel will produce a report summarizing its review of the Sanitation District's secondary treatment program. A Goodbye to an Old Friend On August 14, Dr. Ron Linsky passed away. Ron was the heart and soul of the NWRI and its founding executive director. He had several roles in Southern California as an active participant in the environmental and water quality protection policy arenas. A high school teacher. An executive director of USC Sea Grant. A consultant. And, as most here know him, the NWRI guy. Ron had a unique set of talents -able to translate environmental science into terms that policy makers and the public could embrace and support. He will be missed! Geographic Information Systems Mapping at OCSD Geographic Information Systems (GIS) let us visualize information with computer- generated maps. We use these powerful tools to aid decision-making, locate and protect assets, and perform analysis that is not possible without placing the information in a geographic context. Board of Directors Page 3 August17,2005 In the last few years, the Sanitation District has established a GIS team, produced a GIS Strategic Plan, created on-line mapping of the Sanitation District's plant facilities and collections systems, brought ocean monitoring mapping in-house, and prod uced various other map tools and products that help staff become more efficient and effective in completing their tasks. For example, our collection system staff uses GIS to locate Underground Service Alerts, and then carries a hand-held GPS device into the field to aid in marki ng sewer lines. In late July, staff participated in a poster exhibit showcasing the Sanitation District's uses of GIS for wastewater management at the 25th Annual ESRI International User Conference in San Diego. ESRI is the leader in GIS technology. Staff will provide a brief presentation about GIS under General Manager's remarks at the August Board meeting. OCSD Releases City and Agency Collection Facilities O&M Survey Our Regional Assets and Services department has just released the results from the OCSD City and Agency Collection Facilities O&M Survey for FY 2003/04. We recently mailed you a copy of this report and I encourage you to read the Executive Summary, review the major findings, and look over the results from your agency. Because of this effort, we now have a comprehensive set of historical information that provides our satellite collection system operators and policy makers with comparative data from these agencies for the past eight years. The Program continues to be we ll received by all participants, including the Regional Water Quality Control Board, and the state and federal EPA. It has also developed into a significant means whereby the Sanitation District's satellite agencies are able to improve their own collection system O&M programs through better communication, more accurate data collection, and improved funding efforts. We have also seen an increase in interagency person-to-person contacts and communications about sewer system O&M issues, which have improved teamwork and helpfulness in this county. This project is a model for developing a regional asset management focus among sewering agencies. The survey data book is used by Sanitation District staff, reg ulators, agency managers, and board members as an important research tool and resource document. No similar information has ever been compiled anywhere else, as far as we are aware. We are unique. Construction Change Orders As we accelerate our construction activities at the Sanitation District, construction contract change orders will continue to be brought to the PDC Committee and the Board of Directors for consideration and ratification. Our capital program is large and very complex, with over 85 active projects and $450 million of construction contracts currently in place. We spend a million dollars a day although staff and our engineering consultants strive to perfect our plans and specifications on all projects that we design, it is difficult to expect any project will be completed without changes during construction. Consistent with our continuous improvement philosophy, staff Board of Directors Page4 August17,2005 during construction. Consistent with our continuous improvement philosophy, staff will continue to look for ways to manage the project design and construction phases to limit the number and magnitude of change orders. However, our first priority must be that the final projects are constructed to provide the functionality and reliability necessary to meet public health and environmental protection goals and consistently comply with all regulations. The Sanitation District's permit compliance record confirms that we are meeting these goals. Attached is a brief internet article to place into perspective change orders as a common element of design and construction. The directors are encouraged to meet with our Director of Engineering, David Ludwin, to gain a better understanding of the complexities of our capital program, our design practices, and the processes that are used to manage changes during the construction phase. Volunteer Incentive Program Celebrates Its Third Year Our employee Volunteer Incentive Program (VIP) has grown to 74 volunteers in its third year of operatipn. The Sanitation District outreach events included judging at the Orange County Science and Engineering Fair, hosting an information booth at the Santiago Creek Week, and conducting two Sewer Science classes, as well as conducting 58 treatment plant tours for a total of 836 visitors. Staff also spoke at a school career day, plumbing class, and UCI water resources policy class. A special lunch was held to honor 45 volunteers who qualified with a minimum of four points (equivalent to working four hours at a weekend event). Special awards of recognition were also presented to the "Volunteer of the Year" and "Division of the Year." Five top "Spirit Awards" were presented to staff members who embodied the best "CAN DO" attitude. Sewer Science Program Receives Orange County Department of Education Support Sanitation District Public Affairs representatives recently met with key members of the Orange County Department of Education (OCDE) including William Habermehl, County Superintendent of Schools, to present our new Sewer Science Program. OCDE staff found the program to be well-created from every aspect. They especially enjoyed the student workbook. The Sanitation District has received a letter of support for bringing the program into local high schools. See attached letter. GWR System Unit Ill Pipeline Completion The Ground Water Replenishment (GWR) System Unit Ill Pipeline Project was recently completed. The project came in $971,788 under budget and six months ahead of schedule. The contract involved installation of 21,000 linear feet of 60 and 66-inch diameter cement mortar lined and coated steel pipe. The Unit Ill section of pipe extends from Katella Avenue along the Santa Ana River north to the Carbon Canyon Diversion Channel. It then continues north to the Kraemer Basin. This section of pipe represents approximately 30 percent of the entire 13-mile pipeline. Unit I and Unit II pipeline construction is expected to be completed in late 2006. See the attached letter from GWRS and a news article appearing in the Fountain Valley View. Board of Directors Page 5 August17,2005 Compost Use Program Update In March 2004, the Sanitation District and Synagro established a Compost Use Program to encourage in-county use of biosolids-based compost. Our member agency Compost Use Program offers discounted rates for member agencies to utilize this high-quality biosolids-based soil amendment. Th e City of Fountain Valley, a founding member of the program, tried some compost initially in April 2004 and signed up for the program in October 2004. Fountain Valley staff are very pleased with the soil amendment product (see attachment), using it at several parks and landscaping areas around the City. Our Biosolids staff along with staff from our compost partners, Synagro (compost manufacturer) and Western Organics (compost bagger), participated in the Fountain Valley Chamber of Commerce's Business Expo at the July 21, 2005 Concert in the Park. Western Organics brought 100 bags of their Omni brand biosolids-based compost which is available at local Wal-Marts. All the bags were given away! Fountain Valley residents were very receptive to the compost giveaway, especially the avid gardeners. There were also several people interested in follow-up information including the Fountain Valley Kiwanis Club and the Orange County Day Lilies and Irises Club (OC DLI ). On August 11, 2005, the Sanitation District donated some of our compost to a representative of the OCDLI Club. Visit the OCSD compost website for more information at www.ocsd.com/info/biosolids/compost.asp. Fats. Oil and Grease (FOG) Program FOG (fats, oils and grease) is a major cause of sewer blockages that can lead to sewer spills. Sanitation District staff is working with our member agencies to secure the services of the Orange County Health Care Agency's (OCHCA) health specialists to conduct screening inspections to minimize the discharge of FOG to the sewer from food service establishments. Currently, 16 member agencies are signed up for the program. As lead agency, the Sanitation District will be the primary contact with OCHCA through a service agreement that wi ll spell out the terms and conditions of the inspection program. We will also administer a separate funding ag reement between us and each of the 16 participants to pay for the inspection program. Both agreements are being drafted and will be submitted to the OMTS Committee at its September meeting for authorization to proceed. Upon approval by the OMTS Committee and the Board, the agreements will be circulated one more time to allow each member agency a final opportunity to join the program. Once the final participants are known, the cost to participate in the program will be finalized as well. Each member agency will be charged their prorated share based on population. The health specialists will help our member cities monitor restaurant kitchen practices to redu ce the amount of FOG discharged to the sewer system, which should help result in fewer SSOs. The inspections will help satisfy the reg ulatory requirements mandated by the Regional Water Quality Control Board. By having the OCHCA inspectors doing the work as part of their routine restaurant inspections, it relieves Board of Directors Page 6 August17,2005 each city from hiring one or more inspectors on its own, and it reduces the number of government inspectors visiting Orange County food service establishment kitchens over the course of a year. Articles of Interest I have also included several additional published articles that you might find interesting. If you would like additional information on any of the above items, please call me. Blake P. Anderson General Manager BPA:gg 7 / H:IOEPMOMINIGMIBOARD LETIER\20051081705 BOARD L TR. FORM.DOC Attachments r -· tc Q'U&stions about.°" Urban Runoff Diversions • Background Dry weather urban runoff is contaminated water that is generated from day-to-day activities such as over-irrigating lawns. washing cars and hosing down driveways. This untreated water flows into stormdrains. The flow can be filled with pathogens (disease causing organisms). toxics. pesticides and other materials that can contaminate beaches and lead to beach closures. A 1999 Huntington Beach closure investigation indicated that the dry weather urban runoff flowing into the Pacific Ocean may have ca used or contributed to shoreline contamination and high bacteria levels. As a result. the Orange County San itation District (OCSD) began the dry weather urban runoff diversion program. During the past six years. OCSD has been successfully reducing bacterial exceeda nces along Orange County beaches. • OCSD's Program As part of a regional best management practice (BMP) to control urban runoff. OCSD has agreed to reroute the dry weather urban runoff from stormwater pump stations and storm cha nnels. located in the cities of Huntington Beach and Newport Beach, into OCSD's sewer system for treatment. The Urban Runoff Program began in December 1999 when OCSD's board of directors agreed -·-. '-t-', '! .\ I . !·•I to temporarily accept dry weather urban runoff into its sewer system for treatment. In April 2000. the board adopted a resolution for accepting urban runoff on a Stormwater chonnel with inllotoble rubber dam diversion. long-term basis during dry weather. The resolution was designed to minimize adverse impacts on coastal beaches and public health, while maintaining the high quality of OCSD's primary function - collection. treatment and disposal of waste- water into the sewer system. On September 27. 2001. the board adopted a second resolution. w hich included the following requirements: ... continued on other side OCSD/()~O 105/Uroon Runoff.cdr Hunbngton Pier CJ Diversion Dam Orange County Watershed Boundanes ooae 1 --- • The amount of dry weather urban runoff flow will not exceed 10 million gallons per day. • Dischargers located within OCSD's service area will not be required to pay any fees associated with the approved discharge of dry weather urban runoff into OCSD's sewer system if the total volume of all dry weather urban runoff discharges does not exceed four million gallons a day. If the flow exceeds four million gallons a day, the dischargers will pay approximately $1,007 per million gallons discharged. Dischargers located outside OCSD's service area that OCSD permits to discharge dry weather urban runoff to the sewer system will also pay approximately $1,007 per million gallons discharged. • OCSD will accept urban runoff throughout the year on days when it is not raining. • Urban Runoff Quality OCSD tracks and monitors the quality of urban runoff discharges into its sewer system since the inception of the Urban Runoff Program. This is to ensure compliance with OCSD's local limits and to assess impacts on the ability to meet ocean discharge and other regulatory compliance requirements. • Discharge Permits The discharger must complete an application to obtain a wastewater discharge permit and supply required technical information. The permit issued by OCSD will set the terms and conditions of OCSD's wastewater discharge regulations. • Current Diversion Flows During yea r 2000 through 2004. OCSD received fl ow volumes of urban runoff that ranged from 0.4 to 2.6 million gallons per day (mgd). • OCSD Urban Runoff Legislation Assemblyman Tom Harman introduced legislation. California State Assembly Bill 1892. in January 2002. The bill allows OCSD to acquire. construct. and operate facilities that divert and treat urban runoff and return the water for beneficial use. • Diversions Are a Success Removal of bacteria through the use of diversions has improved the water quality along Huntington State Beach. OCSD evaluated historical and cu rrent bacteria data to determine the effectiveness of diversions. Current bacteria levels were compared with levels before the use of diversions in Huntington State Beach. Before diversions. monitoring data indicated elevated levels of bacteria. The levels increased between 1997 and 1999. After the installation of diversions in th e summer of 2000. the data showed a noticeable decrease in bacteria levels. Since then. the levels have continued to decrease each year. This decrease in bacterial levels is consistent with the Orange County Health Care Agency's annual beach closure report fi ndings, which indicate a reduction in the number of beach closures and postings each year. Removing land-based sources of bacteria. such as dry weather urban runoff. through the use of diversions. has improved the water quality along Huntington State Beach. • For More Information visit www.ocsd.com or contact Tom Meregillano. Regu latory Specialist. at (714) 593-7457. OCSD/080105/Urbon Runoff.cdr page 2 Alan C. Lloyd, Ph. D. Ag1ncy Secretary State Water Resources Control Board Division of Financial Assistance 10011 Street, Sacramento, Califumia 95814 P.O. Box 944212, Sacramento. California 94244-2120 (916) 341-5700 +FAX (916) 341-5707 + www WJ!tmboards ca.goy Wastewater and Water Recycling Agencies and Non-pomt Source Groups: CLEAN WATER STATE REVOLVING FUND (CWSRF) LOAN PROGRAM ACCEPTING APPLICATIONS Arnold Schwan.en egger G<n1tnwr The State Water Resources Control Board (State Water Board) manages and implements the CWSRF as one of its financial assistance programs. For those of you not famUiar with the CWSRF program, it provides low interest loans to local agencies for construction of wastewater and water recycling treatment works and non-point source pollution projects. The program has operated since 1989, and has issued over $3 .0 billion in loans to local agencies. · As you may be aware, for the past 20 months the CWSRF program has not been taking new applications or processing existing loan projects that did not have a preliminary funding commitment from the State Water Board. The reason for this was· that the funds available to the program had been committed to projects. The State Water Board is now preparing to proceed with a bond issuance to further leverage the CWSRF program to make funds available for loans. In anticipation of funds being available in the near future, the State Water Board will immediately begin accepting new applications and resume processing those applications that were previously under review. Please note that future funding will be limited, and may only be available to those projects that are qualified to receive tax-exempt bond fund proceeds. · New applications should be submitted to Mr. Christopher Stevens, Chief of the Project Development Section. Applicants that have already submitted an application whose projects were previously under review by the State Water Board should contact their Project Manager. Future announcements regarding the CWSRF program's status will be posted on the State Water Board's Internet site at www.waterboards.ca.gov. If you have any questions regarding the CWSRF program's status, please contact Mr. Stevens at (916) 341-5698 or cstevens@waterboards.ca.gov. smA1~ Barbara L. Evoy, Chief Division of Financial Assistance ·~ California Environmenta.I Protection Agency 0 ~cycW Paper phone: (714) 962-2411 mailing address: P.O. Box 8127 Fountain Valley. CA 92728-8127 street address: 10844 Ellis Avenue Fountain Valley, CA 92708-7018 Member Agencies Cities Anaheim Brea Buena Park Cypress Fountain Valley Fullerton Garden Grove Huntington Beach Irvine La Habra La Palma Los Alamitos Newport Beach Orange Placentia Santa Ana Sea/ Beach Stanton Tustin Villa Park Yorba Linda County of Orange Sanitary Districts Costa Mesa Midway City Water Districts Irvine Ranch ORANGE COUNTY SANITATION DISTRICT July 27, 2005 Gerard Thibeault, Executive Officer California Regional Water Quality Control Board Santa Ana Region No. 8 3737 Main Street, Suite 500 Riverside, CA 92501-3339 SUBJECT: Santa Ana River Interceptor (SARI) Line Project Quarterly Reports Submittal May 2005 -July 2005 The purpose of this letter is to provide the Regional Water Quality Control Board (RWQCB) with an update on the status of SARI line related work that is currently being performed by several different agencies. The collaborating agencies include the Orange County Sanitation District (OCSD), the Santa Ana Watershed Project Authority (SAWPA), the United States Army Corps of Engineers (ACOE), and the County of Orange Resources and Development Management Department (RDMD). 1. Status of SARI as a result of the 10.000 cfs Prado Dam Release in January 2005 The 2005 Annual topographic surv.ey monitoring of the critical sections along the SARI pipeline located within the Santa Ana Riverbed, originally started on April 11, 2005 by RBF Consulting was completed on May 19, 2005. OCSD/SAWPA staff has reviewed the survey report and determined that additional erosion has occurred at some of the critical crossings. Protection for these erosion areas along with the reminder of the recent winter storm damages are proposed to be constructed this Fall, in time to protect SARI before the next rainy season. Engineering staff is in the process of developing preliminary designs and attaining the necessary permits for the protection of SARI facilities in order for construction to be completed this Fall, outside of the Least Bells Vireo's nesting season. Following the recent January storms and the record storm releases from the Army Corps of engineers (ACOE) Prado Dam, an aerial survey of the entire riverbed was also conducted from the Orange County Line to Weir Canyon Road to record the flood damages. "Maintaining World-Class Leadership in Wastewater and Water Resource Management" Gerard Thibeault Page 2 July 27, 2005 2. EIR/EIS Status The ACOE has completed Chapter 3, the Description of Project Alternatives, and continues to make progress towards the completion of the EIR/EIS. Additional work in progress includes feasibility studies and preliminary engineering of each of the alternatives. ACOE met with Orange County Resources and Development Management Department (ROMO) on June 29, 2005 to review feasibility studies, costs and schedule. Currently, the ACOE's schedule for the completion of the EIR/EIS is March 20, 2006. This new delay was the result of feasibility issues and preliminary engineering work on the grade stabilizer alternative. 3. Other Activities -the following additional activities were conducted: Staff from OCSD, ACOE, RDMD, and SAWPA continues to meet monthly review progress on the projects and coordinate efforts. OCSD staff provided a verbal SARI project report update to the Regional Water Quality Control Board (RWQCB) at its quarterly management meeting that was held at the OCSD offices in Fountain Valley on June 9, 2005. 4. Upcoming Activities • Work will continue onto Chapter 4 of the Draft EIR/EIS, the Affected Environment. • OCSD staff to continue preparation of drawings and specifications for the protection work to be constructed this Fall. • OCSD staff to continue application process to attain all necessary permits for the Fall protection work. • Progress meetings with the ACOE and ROMO. Gerard Thibeault Page 3 July 27, 2005 • Routine Operations and Maintenance activities are schedule to begin in mid September and will be completed before vireo nesting season begins in February. • Annual training activities, both in the field and table top exercises, for response crews are scheduled to be completed by October 31 5t. • The Emergency Response Plan (ERP) continues to be updated on an as needed basis; the current update is scheduled to be completed by end of August. If you have any questions or comments on the status of SARI work, please contact me at (714) 593-7400. The staff contact for this issue is Chandra Johannessen, and may be reached at (714) 593-7471. Robert P. Ghirelli, D. Env. Director of Technical Services c: 8. Anderson I D. Ludwin J. Herberg E. Torres D. Cozad -SAWPA R. Haller. -SAWPA E. Horst -SAWPA K. Morris -COE J. Killeen -COE H. Nakasone -OCRDWD L. Natsuhara -OCRDWD RPG/CJ/hh H:\dept\ts\660\Johannesson\SARI Line Project Quarterly Reports Submittal May-July05.doc ioAP'P 1-erret:-'J 17~ Jl'l~J , t;?8Gifl/ZY"I _{ 6 µ.1ru1,J TAU6f -:::---/_.t~ I~. Department of Toxic Substances Control · ;~. Alan C. Lloyd, Ph.D. Agency Secretary Cal/EPA 5796 Corporate Avenue Cypress, California 90630 Arnold Schwarzenegger Governor August 9, 2005 Mr. Blake Anderson General Manager Orange County Sanitation District 10844 Ellis Avenue Fountain Valley, CA 92708-7018 Dear Mr. Blake, I want to thank you for the hard work done by several of your source control inspectors and supervisors on a case of mine. As you may know, the Orange County District Attorney's Office recently filed 24 felony charges against Markland Manufacturing in Santa Ana. A significant portion of the evidence was collected and documented by OCSD personnel. Without a doubt t~eir training a11d experience has played a large part in the strength of our case. I have worked with many of your inspectors for several years and, not only do I find them to be hard working and professional, but they are some of the best at what they do jn all of southern Caljtornja. Please extend my thanks and appreciation to Deon Carrico, tS,.eJJy Christensen, TQD1 Walker, D~ Francis, Mary S~e Thompson, Tim Foley, Darryl Ennis, and ~arrin Canen for their exemplary performance on this case. Please call me at (714) 484-5412 for any questions or if we can be of any service to you. Sa uel Richardson Criminal Investigator Printed 0:i Recycled Paper I ' NSPE's Practice Division Engineer -PEPP ,,Im -----• About NSPE • Contact NSPE • Join NSPE • Members Only .,· ~. . -· • lllltlonal Society of Profeulonlll En,,,,,..,..® Page 1 of2 • Engineering • Products & ~ • Contract Do• Site Map Advanced Search I Search Tips •JFind a Finn: Private Practice I Constructic Government Relations Forums -Licensure, Mentoring Career Transition •.. Engineering Practice Areas > Student Information Scholarships, Internships .•• > Partners -State Societies, Regions NICET, EWeek, MATHCOUNTS > » Engineering Times Online » Media Relations » News & Information » Leadership » A Sightseer's Guide to Engineering » Honors & Awards » Advertise with NSPE 1996 For the Client Change Orders by Paul Genecki Senior vice president, Victor 0 . Schinnerer & Company, Inc. The use of change orders is a basic, as well as a common element of the design and construction process in the United States. While every client and engineers wants plans and specifications to be carefully coordinated and unambiguous, the reality of the situation is that it is not cost-effective for a client to pay an engineer for the extraordinary level of service necessary to achieve a "perfect" set of instruments of service. The time and expense to perform extraordinary rechecking of every item of the plans and specifications, investigate in detail any and all unknowns at the project site, and to insure no ambiguities are present in a set of plans and specs would cost clients significantly more than the current cost of preparing plans and specs using the reasonable and prudent standard of care. The current design practice standard of preparation of the plans and specs has been generally accepted as an appropriate trade off between costs versus benefits to the clients. No matter how extensive design services may be, certain aspects of the design will require modifications during construction to reflect conditions at the construction site. Construction is not manufacturing; there is no ability to refine the project through prototypes, destructive testing, and redesign. Reasonable practice involves a certain level of flexibility in the development of a project as it moves from final design through the construction process so that change will improve the outcome. The process is such that any need for a change order should be identified as quickly as possible. The change order should be based on a prescribed process to determine time and cost, and the actions should be carried out in a timely manner to prevent delay of the project. A certain amount of imprecision is to be expected in the design documentation. Construction contract documents are prepared by design professionals who are held to a legal standard of exercising ordinary care and reasonable judgment in designing, drawing, and specifying project requirements. This http://www.nspe.org/1 iabili ty /in2-clch.asp 8/9/2005 • NSPE's Practice Division Engineer -PEPP legal standard however, does not impose a standard of perfection on architects and engineers nor does it require them to warrant that the documents they prepare will be without fault or fit for a particular purpose. In the performance of professional services before and after construction, the application of professional judgment is required. As a result, no set of construction contract documents can be expected to be absolutely complete or perfect in the literal sense of those terms. A certain number of ambiguities and inconsistencies are to be anticipated, and are a normal part of the process. Contractors are required by the standard general conditions of construction contracts (between the owner and the contractor) to perform work and to furnish materials and equipment that reasonably could be inferred from the contract documents (plans, specs, contract, etc.), or from prevailing custom or trade practices as being required to produce the intended result whether or not specifically designated. Change order requests are to be expected in such a system. Indeed, change orders often are necessary to accomplish changes desired by the client during construction. It would be a very rare project that required no changes in the construction contract documents after they are executed by the owner and contractor. Most changes are not the result of some fault on the part of a party to the project; they are due to the complexities of construction, unforeseen conditions, changes in the owner's requirements after construction begins, and of the readily understood and anticipated factors. By using a system of change orders, changes can be accomplished in an efficient and orderly manner. It is important that clients. engineers, and contractors have a common understanding of how the change order process works and of the need for strict adherence to the process, prior to initiating a construction project. Under the standard general conditions, an engineer has the obligation to review change order requests objectively and in a timely manner. The contractor has the obligation to provide adequate documentation as required by the general conditions of the contract. No change involving any increase in cost or extension of time is to be authorized without the written modification to the construction contract evidenced by the change order. Strictly following a rational change order procedure will reduce the potential that change orders have for generating unnecessary misunderstandings and conflicts and will help avoid unmet expectations in the design and construction process. NSPE Orders I NSPE Member Services I Webmaster NSPE: 1420 King Street, Alexandria, VA 223141703-684-2800 Copyright© 2005 National Society of Professional Engineers http://www.nspe.org/liability/in2-clch.asp Page 2 of2 ; 81912005 ORANGE COUNTY DEPARTMENT OFBJUCATION 200 KALMUS DRIVE P.O. BOX 9050 COSTA MESA, CA 92628-9050 (714) 966-4000 FAX (714) 432-1916 www.ocde.us WlUIM M. HABBIMBI. LYNN APRIL HARTLINE Deputy Superintendent JOHNLNaSON Associate Superintendent ORINIE COllflY BOllll Of EllUCAlDI DR. JOHN W. BEDELL 'R. ALEXANDRIA CORONADO ELIZABETH PARKER FELIX ROCHA. JR. DR. KEN L. WILLIAMS J~e 24, 2005_ Blake Anderson General Manager Orange County Sanitation District POBox8127 Fountain Valley, CA 92728-8127 Dear Blake: It was great to meet with Carol Beelanan and Ingrid Hellebrand and to hear about the Sewer Science Program. It is an exciting and dynamic program! Carol and Ingrid gave an excellent presentation, and I have enjoyed looking through the student workbook. The program is well-created :from every aspect, and I am certain we can help you introduce it to local high schools. Cordially, William M. Habermehl County Superintendent of Schools WMH:bb cc: Ellin Chariton Mary Townsend RECEIVEiJ Groundwater AUG o 2 2oos Replenishment System July 2~. 2005 Mr. Blake Anderson Orange County Sanitation District PO Box 8127 Fountain Valley CA 92728-8127 Dear Mr. Anderson: We'd like to take a moment to provide you with an update on our progress on the Groundwater Replenishment (GWR) System. This summer, tne GWR System reaches three significant miiestones. GWR System Phase One First Anniversary As of June 21, Phase One. a small-scale version of the GWR System, has been sending five million gallons of purified wastewater per day into Orange County's underground aquifer for an entire year. The Phase One plant produces the highest quality water available and continues OCWD and OCSD's tradition as a pioneer in the development of innovative water purification technologies. Unit Ill Pipeline Completion By the end of the month, the construction of the Unit Ill pipeline that extends through Anaheim to the Kraemer settling basins will be complete well ahead of schedule. This section of the pipeline will carry purified water from the GWR System Advanced Water Purification Facility in Fountain Valley to the settling basins and represents approximately 30 percent of the entire 13-mile pipeline. Unit I and Unit II pipeline construction is expected to be completed in late 2006. Advanced Water Purification Facility The full-size water purification plant at Orange County Water District's Fountain Valley campus is already more than a quarter of the way into its construction. When complete in 2007, the Advanced Water Purification Facility will take highly treated sewer water and purify it to a quality similar to bottled water using advanced technology which includes microfiltration, reverse osmosis and ultraviolet light with hydrogen peroxide disinfection. These processes are the same technologies used to purify baby food, fruit juices, and medicines. The new source of purified water will blend with Orange County's other sources of water and augment groundwater supplies for north and central Orange County residents-enough to meet the needs of 144,000 families annually. In addition, the GWR System will delay, !~>nssih.ly indP.finitely, the need for another ocean outfall bec;:mse there will be less treated sewer water going to the ocean. We thought you would be interested to see our updated endorsement list which now includes more than 300 leaders from local businesses and organizations. We're always looking for more endorsements through our Speakers Bureau program, and if you're involved in any groups or organizations that need speakers, please let us know. If you have any questions or would like more information, please contact Ron Wildermuth, Director of Communications for Orange County Water District, at (714) 378-3351 or rwildermuth@ocwd.com. Sincerely, "\~ .. ~~~ Virginia Grebbien General Manager Blake Anderson General Manager Orange County Water District Orange County Sanitation District A joint effort o( tile Orange County Water Distria and the Orange County Sanitation District (714) 378-3200 • Fax (714) 378-3381 • 10500 Ellis Avenue • Fountain Valley • California 92708 • www.gwrsystem.com 347 .. . J Groundwater Replenishment System Endorsement List As of July 2005 nRiR!t ... Anaheim Memorial Medical Center Armen A. Shahbazian, M.D., Pacific Radiation Oncology Center Medical Group Arthur D. Silk, M.D., F.A.C.P." Inc Byron J. Bailey, M.D., F.A.C.S, Past President, National AssoCiation of Physicians for the Environment (NAPE) California State Fullerton, Institute of Gerontology Chris J. Wiant, M.P.H., Ph.D., President, Caring For Colorado Foundation Christine L. Moe, Ph.D., Rollins School of Public Health, Emory University Clinica Medica Familiar Coalition of Orange County Community Clinics College Hospital of Costa Mesa David A. Kalman, Ph.D., Professor and Chair, Department of Environmental and Occupational Health Sciences, University __ of Washington Dr. James H. Law, M.D., Diplomate American Boards of Internal Medicine and Pulmonary Disease Ernest R. Williams, M.D., MPH, County of Orange Health Care Agency Felix Schwartz, M.A., M.P.H., Executive Director, Health Care Council of Orange County Garden Grove Hospital and Medical Center Harvey Collins, Former Chief, California Department of Health Services, Drinking Water Branch Hoag Memorial Hospital Presbyterian Hospital Association of Southern California Jack Skinner, M.D., Newport Beach John Balbus, M.D., M.P.H., Director, Environmental Health Program for Environmental Defense John Blossom, M.D.1 Professor of Clinical Family and Community Medicine at UCSF University of California, San Francisco-Fresno, Project Director for the California Area Health Education Center Kaiser Permanente, Orange County Kellogg Schwab, Ph.D., Center for Water and Health at John Hopkins University Latino Health Access Lester Breslow, M.D., M.P.H., Dean & Professor Emeritus, School of Public Health, University of California, Los Angeles Lincoln Hospital Los Alamitos Medical Center Maternal Outreach Management System Newport Bay Hospital Orange County Korean American Health Information and Education Center Orange County Pharmacists Association Pamela Ann Lawrence, M.D., Clinical Professor of Medicine, University of California, Irvine-Retired Pauline Abbott, Ed. D .• Director, Institute of Gerontology Ralph D. Morris, M.D., M.P.H., Public Health Physician, Minnesota Robert M. Soderstrom, M.D., Past chairman, Environmental Health Committees, Genesee Co. Medical Society & Michigan State Medical Society Sandra R. Smoley, R.N., Former Agency Secretary, California Health and Welfare Agency Sanford M. Brown, M.P.H., Ph.D .• Professor Emeritus of Health Science, California State University, Fresno Sidney Shindel!, M.D., LLB., Professor Emeritus, Department of Preventive Medicine- Medical College of Wisconsin Silver Anchor Auxiliary at Huntington Beach Hospital ~na11~.-. ,... ... -::g 7/30/2002 11/17/2003 12/16/2003 5/18/2004 5/5/2003 8/4/2004 12/22/2003 2/5/2004 1/7/2004 11/7/2003 8/25/2004 12/1/2003 11/19/2003 5/13/2004 3/19/2003 5/3/2002 8/5/2003 11/18/1998 11/1/2003 8/11/2003 12/23/2002 12/15/2003 6/10/2003 3/19/2004 2/5/2004 4/22/2003 3/10/2004 2/21/2002 7/17/2003 2/6/2003 5/5/2004 5/5/2003 9/29/2003 7/22/2004 8/9/2002 9/12/2003 10/27/2003 2/19/2003 I Groundwater Replenishment System Endorsement List As of July 2005 State Assemblyman Tom Harman 3/21/2002 State Assemblywoman Lynn Daucher 6/27/2002 State Senator Bill Morrow 6/2/2003 State Senator Bob Margett 3/5/2003 State Senator Dick Ackerman 10/23/2002 State Senator Joseph Dunn 1 /8/2003 U.S. Congressman Christopher Cox 5/21/2002 U.S. Congressman Edward R. Royce 5/23/2002 U.S. Congressman Gary Miller 5/23/2003 U.S. Congresswoman Loretta Sanchez 4/6/2000 U.S. Senator Dianne Feinstein 7/12/2004 E!...~~m~~~~~~~~~P&'~~~~~~~~ e;tt~Vf4L'1!!-~~il~~~~~1~~~~~~~ Amigos de Balsa Chica 2/9/2004 Association of Environmental Professionals, Orange County Chapter 12/23/2003 Blue Planet Foundation 9/1 /1999 Environmental Nature Center 4/26/2005 Groundwater Foundation 10/19/1998 Industrial Environmental Coalition of Orange County 1/1/2003 Joan Irvine Smith 1/7/1998 Mono Lake Committee 12/24/2001 Orange Coast Watch 3/22/2001 Orange County CoastKeeper 1 /14/2002 Rio Hondo Group, Sierra Club, Angeles Chapter 10/14/2003 Sierra Club, Orange County 11 /16/1999 Sisters of St. Joseph/Orange, Honoring Women and Creation 12/13/2000 St. Marks Ecophelian Environmental Group 2/10/2004 Surfrider Foundation of Huntington Beach/ LB Chapter 1 /22/1998 Women's Environmental Council, Orange County Chapter 2/14/2003 ~!Bm~-·~ Bobby McDonald, President, Black Chamber of Commerce of Orange County 5/2/2002 Brea Chamber of Commerce 3/2/2000 Costa Mesa Chamber of Commerce 3/7/2000 Filipino American Chamber of Commerce 10/18/2002 Fountain Valley Chamber of Commerce 8/16/2004 Fullerton Chamber of Commerce 21912000 Garden Grove Chamber of Commerce 6/9/1998 Greater Anaheim Chamber of Commerce 10/5/1998 Hispanic Chamber of Commerce 7/8/1998 Irvine Chamber of Commerce 10/11 /1999 Korean Chamber of Commerce 8/29/2002 Los Alamitos Chamber of Commerce 4/6/2000 Newport Harbor Chamber of Commerce 9/29/1999 Orange Chamber of Commerce 1/6/2005 Orange County Chinese-American Chamber of Commerce 9/19/2004 Placentia Chamber of Commerce 9/21 /1999 Santa Ana Chamber of Commerce 10/9/2001 South Orange County Chamber of Commerce 1 /6/2004 Stanton Chamber of Commerce 5/12/2000 Tustin Chamber of Commerce 3/15/2000 Vietnamese Chamber of Commerce 3/10/2005 West Orange County Legislative Committee (Coalition of Cypress, La Palma, & Los Alamitos area Chambers of Commerce) Yorba Linda Chamber of Commerce 7/13/2000 5/10/2000 Groundwater Replenishment System Endorsement List As of July 2005 Orange Empire Sertoma Orange Park Acres, Inc. Women's League Orange Sister City Association, Inc. Placentia Community Network Republican Women Federated of Orange Retired Oil Men's Club Rotary Club of Anaheim Sunrise Rotary Club of Buena Park Rotary Club of Fountain Valley Rotary Club of Fullerton Rotary Club of Fullerton South Rotary Club of Fullerton Sunrise Rotary Club of Huntington Beach Rotary Club of Santa Ana Santa Ana Host Lions Club Sertoma Club of Anaheim Soroptimist International of Fullerton Soroptimist of Buena Park Southeast Huntington Beach Neighborhood Association Stanton Lions Club Sunrise Exchange Club Tustin Area Republican Women Women For Orange County Zonta Club of the Greater Anaheim Area 7/29/2002 3/3/2003 4/7/2003 10/17/2002 6/17/2003 3/15/2000 11/13/2003 12/19/2002 11/25/2002 2/3/1999 11/26/2002 10/14/2003 11/22/2002 2/4/2003 1/27/2003 9/24/2002 4/15/2003 5/3/2000 1/15/2004 11/17/2001 9/17/2002 11/30/2001 3/10/2003 11/26/2002 -~ 51~ American Business Women's Association, Buena Park Chapter 9/24/2002 Andy McCartney, Fidelity National Title Company 1/1/2003 Aqua Ben Corporation 7/28/2003 Asian Business Association of Orange County 3/10/2005 Baywood Development Group 6/11 /2002 Boeing 7 /8/2003 Bruce Corbett, Corbett & Steelman 6/25/2004 Centex Homes 6/12/2002 David Ellis, Delta Partners, LLC 6/25/2004 DoubleTree Hotel of Anaheim/Orange County 3/1/2002 Downtown Santa Ana Business Association 6/19/2002 Frank Jao, Founder Bridgecreek Development Company 2/26/2004 Hall & Foreman, Inc. 2/10/2000 Hearthside Homes 6/12/2002 Hispanic Business Association 11 /26/2002 Hispanic Business Women Association 4/5/2002 John Laing Homes 6/13/2002 Kingston Technology 9/5/2003 Linda Sarno, Esq., President, Asian Business Association of O.C. 6/13/2002 LNR Enterprises 11/12/2002 Mario Rodriguez, President Hispanic Business Roundtable, Co-Founder Hispanic 100 of Orange County Orange County Asian and Pacific Islander Community Alliance Orange County Business Council Orange County Taxpayers Association Parsons Infrastructure & Technology Group R.J. Medrano & Associates Rainbow Disposal 4/10/2003 712012004 1/21/1998 11/30/1998 10/15/2002 4/8/2002 4/1/1999 Groundwater Replenishment System Endorsement List As of July 2005 California Water Environment Association California-American Water Company Central Basin Municipal Water District Compton Municipal Services Water Department Costa Mesa Sanitary District East Orange County Water District Eastern Municipal Water District Foothill Municipal Water District Glendale Water & Power Inland Empire Utilities Agency Las Virgenes Municipal Water District Long Beach Water Department Los Angeles Department of Water and Power (LADWP) Mesa Consolidated Water District Metropolitan Water District of Southern California Midway City Sanitary District Moulton Niguel Water District Municipal Water District of Orange County National Water Research Institute Orange County Sanitation District 71312002 10/10/2001 10/16/2001 21612002 9/17/2000 11/8/1999 10/17/2001 8/22/2001 10/17/2001 8/13/2001 8/23/2001 9/10/2001 8/10/2001 10/14/1999 1/9/2002 12/11/2002 3/19/2001 9/2/1998 2/11/2002 Orange County Water District 3/15/2000 Pasadena Water and Power 4/22/2002 Ron Linsky, Executive Director, National Water Research Institute 2/11/2002 Santa Ana Watershed Project Authority 12/12/2000 Serrano Water District 12/9/1998 Southern California Alliance of Publicly Owned Treatment Works 1/29/2004 Southern California Water Alliance 6/10/1998 Southern California Water Committee 12/18/1998 Southern California Water Company 12/12/2001 Three Valleys Municipal Water District 9/5/2001 Upper San Gabriel Valley Municipal Water District 8/16/2001 Waste Management of Orange County 9/1 /2003 West Basin Municipal Water District 10/16/2001 Western Municipal Water District 9/19/2001 Yorba Linda Water District 1/26/2001 Hfiiiiij@fi- E as t I a k e Homeowners Association 6/10/2003 Lido Isle Community Association 8/19/2002 Shadow Wood Homeowners Association 9/3/2004 Tiburon, Fountain Valley Homeowners Association 2/15/2003 ~ .• :.:· 11! r.,,..~---. ..z'R. Anaheim Resort RV Park 2/12/2002 Cabrillo Mobile Home Park 3/15/2002 Friendly Village Mobile Home Park 4/16/2002 Huntington Harbour Mobile Estates 4/22/2002 Island View Mobile Home Park 3/6/2002 La Lampara Mobile Home Estates 3/4/2002 Quiet Village Mobile Home Park 3/14/2002 Tradewinds Mobile Home Park 4/10/2002 Anaheim Police Officers Political Action Committee Fire Chief James Ellis, Costa Mesa Fire Department Orange County Fire Chiefs Association ~":ff"'~~~ t~~~~ ~~~~~~ 7/17/2002 12/10/2001 3/26/2002 Flush to fresh New water-cleansing system will produce 70 million gallons of water daily. By JEFF OVERLEY THE FOUNTAIN VALLEY VIEW As a proposal to purify seawater draws a mix of acclaim and scorn, a plan to tum toilet water into tap water is getting nothing but praise one year after starting construction. The Groundwater Replenishment System, a nearly half-billion-dollar venture being pursued cooperatively by the county's water and sanitation districts, aims to transform what people flush into what people drink. Based in Fountain Valley, the project will use a three-step process to separate waste from water and quench the thirsts of nearly 600,000 north-and central-county residents annually when it comes online in 2007. "I think it's phenomenal, world-class," said Tom Gierhart, a Fountain Valley resident who toured the construction site on Saturday. The toilet-to-tap concept isn't new. For years, cities in Riverside and San Bernardino have released wastewater into the Santa Ana River. Whereas that water bakes in the sun and filters down into the groundwater basin, the Groundwater Replenishment System's product will be cleaned with artificial ultraviolet light and giant reverse-osmosis membranes. "We've been relying on nature to do that transformation for us for a long time," said Mike Wehner, director of water quality and technology for the Orange County Water District. "With GWRS, we're relying on technology to do the work more efficiently." How it works: The sanitation district sends brown, partially treated sewer water to the water district. The water district sends that water through microfiltration fibers, reverse osmosis membranes and tubes containing ultraviolet light and hydrogen peroxide. The final product: 70 million gallons daily of water so fresh it's corrosive. "This water is so pure we couldn't put it in a concrete pipe," said water district communications director Ron Wildermuth. "Ifwe put it in a concrete pipe it would leech minerals and dissolve the pipe. So we have to add minerals back into it." Half of the 70 million gallons will be sent to ponds in Anaheim to percolate into the groundwater basin. The other half, using injection wells located along Ellis Avenue, will be sent into the basin to act as a barrier to seawater intrusion into the aquifer. All but about 10 percent of the barrier water will contribute to the water supply. By recharging the basin, not only is more water available, but it's available cheaper. In recent years, as the basin's water level fell, cities were forced to use about 10 percent less groundwater. They turned to imported water, which is about twice as expensive. The GWRS means cities will get about 70 percent of their supply from groundwater, close to where they were before, Wildermuth said. Thanks to an nearly $90-million, 25-year operational subsidy from the Metropolitan Water District of Southern California, the cost of the water is expected to remain stable as the price of imported water spikes in coming years. The benefits of the system go beyond water supply stability, officials say. By using wastewater that otherwise would be discharged into the ocean, the system eliminates the need for another ocean outfall pipe that sanitation district officials had expected would be needed in the next decade. By coincidence, the cost of such a pipe is about half the GWRS's $487-million price tag. As a result, the county sanitation district decided to chip in half the project's cost. "It turns out that the cost is a push between building a new outfall pipe and wasting the water out to the ocean or providing the benefit of water in a coastal desert," said Blake Anderson, the sanitation district's general manager. "It's a pretty easy (call)." The GWRS can be expanded in the future to produce about 130 million gallons daily, further reducing the discharge of wastewater. Yet another benefit comes from the low-mineral content of the water, which will serve to dilute the increasingly hard water in the basin. Overall, the system "kills three or four birds" with one stone, said Gary Brown, executive director of Orange County Coastkeeper and a GWRS advisory committee member. With all its advantages, the system has attracted worldwide attention. Smaller copycat projects have been built in Singapore and South Africa, and water ministers from Australia and Uzbekistan have sought advice on pursuing their own systems. Once complete, the GWRS will be the largest reclamation plant of its kind in the world. "They did it so right here that they'll be the envy of the world," said Bob Larzelere, who also took part in the tour on Saturday. "For them to do what they did, the environment ... the future growth of Orange County wins." CONTACT THE WRITER: (7 1 4) 445-6683 or joverley@ocregister.com RYAN HODGSON-RIGSBEE. THE VIEW TOILET-TO-TAP: Michael Markus, assistant general manager at the Orange County Water District, tells residents Saturday about the filters used in the Groundwater Replenishment System. Sanitized sewage Construction of the $487-million Groundwater Replenishment System is well underway. Each day. the project will transform 70 million gallons of waste water into drinking water. Half of that wa!Pr will be piped to ponds f]Anahe-hn in Anaheim to filter into the groundwater basil, while the other half is ~ pMcolation Jijected underground along Elfis Avenue to act as a seawater barrier. , . . _P.!ols How reverse osmosis works 1.Pteutrued uste waer p.impe:I tn.-o1911me.1111;ane. '~~~~ The View 5~A~:~-~J€)0~ JCnnmd·wittr RJ'9f. ! _ ...... , ""' llnla bouDdary Want water: ... ~ l 70perc6'11 ··~~~':; ~~· -~~~· d6aia:gedinto G!iJ• • aafitY"· OAAttCE lllese.1. : ·~::'.!-... .@."~UNfY TIE 0.C. wal!!! d6ll'ltl '11.1nl.S 10 sattage somt! al I.he .._...._ ·-~ Z«i millla:i gallo:ls ol ttll.lled~e 'Hie! discN:q!!d lr«o trie ocean (!VIJ."f d.ly. Slze comparlsao 11 a waiet mok!olle -lllm nitus -.illkl wEl'e uie 1imil a oe I.he 51:ze at a 'llOu1d be the we of w~:~ ~.-.~~A. City of Foun ain Valley Demons rates Great Results Using Compost! Topper Product Uses Mile Square Park - Ball Field Rehabilitation I' Synagro's "Topper" product is helping the ball field by the Boys & Girls Club in Fountain Valley recuperate from intense use during the year, which compacts the soil and tears up the grass. The topper product is a finely screened, biosolids-based compost. Fountain Valley landscape staff aerated the soil, applied a grass seed, and then the topper soil amendment. The area will be fenced off for about 6 weeks to allow the seeds to germinate and grow back into a lush and healthy playing field! Fountain Valley Community Center Turf Re-establishment In Fall of 2004, Synagro's "Topper" compost product was used at the Community Center in order to re-establish the turf shown here after a gas pipeline repair was made. For more information on the OCSD-Synagro Member Agency Compost Use Program, contact Deirdre Hunter-Bingman at (714) 593-7"159 or dhunter@ocsd.com. ity o ntain Valley Demonstrates Great Results Using Compost! op Soil Produc Uses The City of Fountain Valley staff used Synagro's top soil product to plant this new Crape Myrtle tree (right). Staff and the resident removed a layer of hard-pan at about 4 feet and back filled the area with top soil. The top soil has good drainage and should help the tree to be strong and healthy! • As trees grow older, they can become weak and fall down or need to be removed so they don't damage residential property. The picture above shows an area where a tree was removed. The area was backfilled with the Synagro top soil compost product and seeded for grass. The picture to the right shows an area where a similar operation was performed and the grass has since grown in. You can actually see the healthier grass where the top soil product was used to replace the fallen tree versus the more established grass. Compost contains nutrients that encourage healthy plant growth! For more information on the OCSD-Synagro Member Agency Compost Use P;ogram, contact Deirdre Hunter-Bingman at (714) 593-7459 or dhunter@ccsd.com MAYOR Miguel A. Pulido ~!~::iROTEM RE(~EIVED COUNCIL MEMBERS Claudia C. Alvarez Carlos Bustamantenu5 AU~ I 5 PM I : t q Alberta 0. Christy • ~=~:,~~~ OCSD CITY OF SANTA ANA PLANNING & BUILDING AGENCY tv·ieil Roorri 20 Civic Center Plaza CM-20> P.O. Box 1988 •SantaAna, California 92702 August 11, 2005 (714) 667-2700 • Fax (714) 973-1461 www.santa-ana.org Blake Anderson, General Manager Orange County Sanitation District 10844 Ellis Avenue Fountain Valley, CA 92708-7018 CITY MANAGER David N. Ream CITY ATIORNEY Joseph W. Fletcher CLERK OF THE COUNCIL Patricia E. Healy ~ 'tc~ ~l~e417rW. ~ TtM\E -re -"7!'~ !)~ ~~u:\ ~111' I ft'.S ~~lf»J ,,, M..,- Wrt14 Tit£ FlA• Ll,,..C SIM FS c:Fa tO~ ~MC~r:e:S, {Jar JAi!:,~~ ~ Dear Mr. Anderson: 1~ 'Iii YI-~ I wanted to let you know how much we appreciated your hosting the~a~=on ~ staff meeting at your facility yesterday. Several staff members commented favorably regarding the informative tour and learning about the Sanjtatjon Distrjct's core business. The planners will find the information and background you provided to be helpful in their work as they review projects and create plans for Santa Ana's future. Thank you and your staff for being such helpful and cordial hosts. Sincerely, Karen Haluza Principal Planner KH:MCR Monday,August1,2005 A plan that holds water Activists and regulators praise a proposed system to recycle urban runoff at the new Pelican Hill resort. By PAT BRENNAN The Orange County Register A new system for controlling excess water on a planned Irvine Co. resort is getting nods of approval from clean-water activists as well as water-pollution regulators. The idea: to make the 115-acre Pelican Hill resort, with its hotel, villas, restaurants and golf courses, invisible -at least in terms of urban runoff. That's the water, often loaded with contaminants, that overflows from homes and businesses into storm channels, then into the ocean. The problem dawned on environmental activists, cities and developers just a few years ago: Much of the pollution that contaminates the near-shore ocean, sometimes prompting warnings from health officials, washes down from upstream. Since then, many developers have come up with new ways of controlling such flows. The Irvine Co.'s system is yet another innovation, regulators and activists say: using underground cisterns to hold both runoff from landscaping and heavy flows from storms. The water can be circulated around the property using pipes and pumps, and placed in lakes on golf courses so that it can be used later for irrigation. That will prevent potentially contaminated runoff from harming the waters at Crystal Cove, known as an "area of special biological significance." "This portion of the ocean is a marine life refuge," said Sat Tamaribuchi, the Irvine Co.'s vice president of environmental affairs. "It's a very sensitive area from a water-quality standpoint." The Irvine Co. invited Orange County Coastkeeper, an environmental group once at odds with the developer over water-quality issues, to help in the planning. "They basically have a plan for water quality that would almost be a self-contained system," said Garry Brown, the group's executive director. "We kind of view it as a model for the industry or state to look at." The system includes control measures used elsewhere in recent years, such as precision, computer-assisted irrigation and filters to treat water before it hits the storm drain. But the attempt to have virtually no runoff from the site is new, said Kurt Berchtold, assistant executive officer at the Santa Ana Regional Water Quality Control Board. "I'm not familiar with any other projects in our region that have included the type of measures they're proposing: basically, the zero-discharge concept." ·LODZ J\q pa1a1dwoo aq p1no4s wa1st\s JJOUnJ pue :µosaJ a41 JO lSOll\I ,• • AGENDA BOARD OF DIRECTORS ORANGE COUNTY SANITATION DISTRICT DISTRICT'S ADMINISTRATIVE OFFICES 10844 ELLIS AVENUE FOUNTAIN VALLEY, CA 92708 REGULAR MEETING August 24, 2005 -7:00 P.M. Agenda Posting: In accordance with the requirements of California Government Code Section 54954.2, this agenda has been posted in the main lobby of the District's Administrative offices not less than 72 hours prior to the meeting date and time above. All written materials relating to each agenda item are available for public inspection in the office of the Board Secretary. Items Not Posted: In the event any matter not listed on this agenda is proposed to be submitted to the Board for discussion and/or action, it will be done in compliance with Section 54954.2(b) as an emergency item or because there is a need to take immediate action, which need came to the attention of the Board subsequent to the posting of agenda, or as set forth on a supplemental agenda posted in the manner as above, not less than 72 hours prior to the meeting date. Public Comments: Any member of the public may address the Board of Directors on specific agenda items or matters of general interest. As determined by the Chair, speakers may be deferred until the specific item is taken for discussion and remarks may be limited to three minutes. Matters of interest addressed by a member of the public and not listed on this agenda cannot have action taken by the Board of Directors except as authorized by Section 54954.2(b). If you wish to speak, please complete a Speaker's Form (located at the table outside of the Board Room) and give it to the Board Secretary. Consent Calendar: All matters placed on the Consent Calendar are considered as not requiring discussion or further explanation and unless any particular item is requested to be removed from the Consent Calendar by a Director, staff member or member of the public in attendance, there will be no separate discussion of these items. All items on the Consent Calendar will be enacted by one action approving all motions, and casting a unanimous ballot for resolutions included on the consent calendar. All items removed from the Consent Calendar shall be considered in the regular order of business. Members of the public who wish to remove an item from the Consent Calendar shall, upon recognition by the Chair, state their name, address and designate by number the item to be removed from the Consent Calendar. The Chair will determine if any items are to be deleted from the Consent Calendar. Items Continued: Items may be continued from this meeting without further notice to a Committee or Board meeting held within five (5) days of this meeting per Government Code Section 54954.2(b)(3). Meeting Adjournment: This meeting may be adjourned to a later time and items of business from this agenda may be considered at the later meeting by Order of Adjournment and Notice in accordance with Government Code Section 54955 (posted within 24 hours). Accommodations for the Disabled: The Board of Directors Meeting Room is wheelchair accessible. If you require any special disability related accommodations, please contact the Orange County Sanitation District Board Secretary's office at (714) 593-7130 at least 72 hours prior to the scheduled meeting. Requests must specify the nature of the disability and the type of accommodation requested. 1. Invocation and Pledge of Allegiance 2. Roll Call 08/24/05 Page 2 3. Consideration of motion to receive and fil e minute excerpts of member agencies relating to appointment of Directors, if any. 4. Appointment of Chair pro tern , if necessary 5. Public Comments 6. The Chair, General Manager and General Counsel present verbal reports on miscellaneous matters of general interest to the Directors. These reports are for information only and require no action by the Directors. a. Report of Chair; consideration of Resolutions or recommendations, presentations and awards b. Report of General Manager c. Report of General Counsel 7. If no corrections or amendments are made, the minutes for the regular meeting held on July 20, 2005, and th e special meeting held on July 20, 2005, will be deemed approved as mailed and be so ordered by the Chair. 8. Ratifying payment of claims of the District, by roll call vote, as follows: ALL DISTRICTS 07 /15/05 07 /31 /05 Totals $8,046,281.15 $38,888,422.92 DIRECTORS: Pursuant to Government Code Section 84308, you are required to disclose any campaign contribution greater than $250 received in the past twelve months from any party to a contract involving OCSD. This requires that you identify the contributor by name. Further, you may not participate in the decision making process to award a contract to such party. For reference, you are directed to the Register of Warrants as to all current contractors/vendors with OCSD. For th e specifics of Government Code Section 84308, please see your Director's Handbook or call the office of General Counsel. , • . ' ' • J CONSENT CALENDAR 08/24/05 Page 3 9. Consideration of motion to approve all agenda items appearing on the Consent Calendar not specifi cally removed from same, as follows: a. No items to be considered END OF CONSENT CALENDAR 10. Consideration of items deleted from Consent Calendar, if any. COMMITTEE REPORTS AND RECOMMENDED ACTIONS 11 . STEERING COMMITIEE Consent Calendar a. Ord er draft Steeri ng Committee Minutes for the meeting held on July 20, 2005, to be filed. Non-Consent Calendar b. Review and consideration of agenda items considered by the Steering Committee re the August 24, 2005 meeting. c. Consideration of items deleted from Steering Committee Consent Calendar, if any. 12. URBAN RUNOFF AD HOC COMMITIEE Consent Calendar a. Order draft Urban Runoff Ad Hoc Committee Minutes for the meeting held on August 3, 2005, to be filed. Non-Consent Calendar b. Adopt Resolution No. OCSD05-22, in support of the County of Orange's efforts in the development and implementation of a Regional Water Quality Strategic Plan. c. Consideration of items deleted from Urban Runoff Ad Hoc Committee Consent Calendar, if any. 13. PLANNING. DESIGN AND CONSTRUCTION COMMITTEE (PDC) PDC Consent Calendar 08/24/05 Page 4 a. Order draft Planning, Design and Construction Committee Minutes for the meeting held on August 4, 2005 to be filed . b. Ratify Change Order No. 6 to Secondary Treatment Facilities Process Upgrades at Plant No. 2, Job No. P2-47-3, with Morrow-Meadows Corporation, authorizing an addition of $31 ,879 and a time extension of 21 calendar days, increasing the total contract amount to $5,916,918. c. Approve time extensions to Cooperative Projects Grants Program, Job No. J-73, Contract Nos. 0202, 0301 , and 0302 with the City of Anaheim; Contract No. 0102 with the City of Buena Park; Contract No. 0303 with the Garden Grove Sanitary District; Contract Nos. 0106, 0108, and 0126 with the City of La Habra; Contract No. 0304 with the Midway City Sanitary District; and Contract Nos. 011 O and 0212 with the City of Seal Beach. d. Ratify Change Order No. 13 for Area Classification Study Implementation Plan, Plant Nos. 1 and 2, Job No. J-35-2, with J. F. Shea Construction, Inc., authorizing an addition of $324,670, increasing the total contract amount to $17,295,353. PDC Non-Consent Calendar e. 1) Ratify issuance of a Purchase Order to Santa Ana River Interceptor 2005 Emergency Repairs from 10,000 CFS Release, Contract No. 2-41-4, with RBF Consulting for aerial surveying for $103,000; and, 2) Approve a Sole Source Professional Services Agreement with RBF Consulting to provide field survey monitoring, construction staking services and topographic aerial surveys for the Santa Ana River Interceptor Realignment and Protection, Contract No . 2-41 , for a total amount not to exceed $257,000. f. Approve Amendment No. 3 to the Professional Services Ag reement with Malcolm Pirnie, Inc., for Ellis Avenue Pump Station Rehabilitation, Job No. 1-10, providing for additional design engineering services for an additional amount of $213, 194, and a contingency of $100,000, increasing the total amount not to exceed $3,899,276. g. Approve Addendum No. 8 to the Professional Services Agreement with Boyle Engineering Corporation for Bushard Trunk Sewer Rehabilitation, Job No. 1-2-4, providing for additional engineering services for an additional amount of $121 ,905 increasing the total amount not to exceed $2,467,825. h. Approve a budget increase for an additional $1,495,000 for Electrical Equipment Refurbishment and Protection, Job No. SP-81, for a total of $5, 132,000. i. Consideration of items deleted from PDC Committee Consent Calendar, if any ; • 14. GWR SYSTEM STEERING COMMITTEE (GWRSSC) GWRSSC Consent Calendar 08/24/05 Page 5 a. Order Joint Groundwater Replenishment System Steering Committee Minutes for the meeting held on July 11 , 2005 to be filed . GWRSSC Non-Consent Calendar b. Consideration of items deleted from GWRSSC Consent Calendar, if any. NON-CONSENT CALENDAR 15. Receive and file Treasurer's Report for the month of July 2005. 16. (1) Direct staff to issue up to $200 million in new variable-rate Certificates of Participation (COP) debt; and, (2) Authorize the General Manager to negotiate and enter into a sole source Consultant Services Agreement with Orrick, Herrington & Sutcliffe to provide bond counsel se rvices in an amount not to exceed $135,000. 17. Closed Session CLOSED SESSION: During the course of conducting the business set forth on this agenda as a regular meeting of the Board, the Chair may convene the Board in closed session to consider matters of pending real estate negotiations, pending or potential litigation, or personnel matters, pursuant to Government Code Sections 54956.8, 54956.9, 54957 or 54957.6, as noted. Reports relating to (a) purchase and sale of real property; (b) matters of pending or potential litigation; (c) employment actions or negotiations with employee representatives; or which are exempt from public disclosure under the California Public Records Act, may be reviewed by the Board during a permitted closed session and are not available for public inspection. At such time as the Board takes final action on any of these subjects, the minutes will reflect all required disclosures of information. a. Convene in closed session, if necessary 1. Confer with General Counsel re existing litigation, Orange County Sanitation District v. County of Kern, et al., Tulare County Superior Court Case No. 189564. Government Code Section 54956.9 b. Reconvene in regular session c. Consideration of action, if any, on matters considered in closed session 18. Matters which a Director may wish to place on a future agenda for action and staff report. 19. Other business and communications or supplemental agenda items, if any 08/24/05 Page 6 20. Future Meeting Date: The next Board of Directors regular meeting is scheduled for September 28, 2005, at 7:00 p.m. 21. Adjournment rNoTic.E .. TO .. o.iFi'EC.TORS0 : .. T~ .. ~-;~~~··1~~~~-·~·~ .. ~h~ .. ~~-~~d·~ .. f~·;·~h~··R~·~~·;~; .. M·~~~;·~-~ ... ~f .. ~h~ .. B~~·;d .. ~f ........................ l ! Directors, items shall be submitted to the Board Secretary no later than the close of business 14 days ! !preceding the Board meeting. The Board Secretary shall include on the agenda all items submitted by ! j Directors, the General Manager and General Counsel and all formal communications. j 1 General Manager Blake Anderson (714) 593-711 O banderson@ocsd.com 1 1Board Secretary Penny Kyle (714) 593-7130 pkyle@ocsd.com 1 1Director/Engineering David Ludwin (714) 593-7300 dludwin@ocsd.com 1 1 Director/Finance/Treasurer (Acting) Mike White (714) 593-7570 mwhite@ocsd.com 1 1Director/Human Resources Lisa Tomko (714) 593-7145 ltomko@ocsd.com 1 lDirector/lnformation Technology Patrick Miles (714) 593-7280 pmiles@ocsd.com 1 ! Director/Operations & ! 1 Maintenance Jim Herberg (714) 593-7020 jherberg@ocsd.com 1 !Director/Technical Services Bob Ghirelli (714) 593-7400 rghirelli@ocsd.com 1 1Director/Public Affairs Carol Beekman (714) 593-7120 cbeekman@ocsd.com 1 ! Director/Regional Assets & 1 !Services Nick Arhontes (714) 593-7210 narhontes @ocsd.com 1 !9~0.~!:~! .. 9..9..':!D~~! .............................................. !?.:.~~ .. t!9.9!n .................................... .f~.~.~.l .. ?.?.~~.?.~.9.~ ....... brh @wss-law.com ......................................... .! H:\depl\agenda\Board Agendas\2005 Board Agendas\082405 agenda.doc ·. Orange County Sanitation District MINUTES BOARD MEETING July 20, 2005 ADMINISTRATIVE OFFICES 10844 ELLIS AVENUE FOUNTAIN VALLEY, CALIFORNIA 92708-7018 Minutes for Board Meeting _q Page 2 1 07/20/05 ROLL CALL A regular meeting of the Board of Directors of the Orange County Sanitation District was held on July 20, 2005 at 7:00 p.m., in the District's Administrative Offices. Following the Pledge of Allegiance and invocation the roll was called and the Secretary reported a quorum present as follows: ACTIVE DIRECTORS ALTERNATE DIRECTORS x Steve Anderson, Chair Steve Simonian James M. Ferryman, Vice Chair x Arlene Schafer x Don Bankhead Leland Wilson x Carolyn Cavecche Steve Ambriz x Alberta Christy Mike Garcia x Larry Crandall John Collins x Bill Dalton Bruce Broadwater x Doug Davert Tony Kawashima x Harry Dotson David Shawver x Michael Duvall Keri Lynn Wilson x Norman Eckenrode Constance Underhill x Richard Freschi Patricia Bortle x Jill Hardy Debbie Cook x Sukhee Kang Steven Choi x Phil Luebben Lydia Sondhi x Patsy Marshall Jim Dow x Darryl Miller Douglas Reinhart x Roy Moore John Beauman x Joy Neugebauer Vivian Kirkpatrick-Pilger x Ken Parker Catherine Driscoll x Tod Ridgeway Don Webb x Harry Sidhu Bob Hernandez x Jim Silva Lou Correa x Mark Waldman Ralph Rodriguez x Charles Antos Paul Yost STAFF MEMBERS PRESENT: Blake P. Anderson, General Manager; Penny Kyle, Board Secretary; Nick Arhontes: Carol Beekman; Bob Ghirelli; Jim Herberg; Dave Ludwin; Patrick Miles; Lisa Tomko; Mike White ;Jim Burror; Lilia Kovac; Rose Marsella; Jeff Reed; Layne Baroldi; Corina Chaudhry; Gail Cain; Rob Thompson; Simon Watson; Jennifer Cabral; Daisy Covarrubias; Sonja Morgan; Gail Garret; Mike Puccio; Michelle Farmer; Kelly Christensen; Roy English; Peter Hass; Mike Herrera; Pinky Burke; Bob Bell; John Swindler; Marc Dubois; Sam Mowbray; Charles McGee; Judy Bucher; Kim Erickson; Bushra Pope; Andrew Nau; Cherie Leisten; Bill Lloyd Minutes for Board Meeting Page 3 07/20/05 OTHERS PRESENT: Brad Hogin, General Counsel; Don Hughes; Giovanna Piazza; Gail Piazza; Kevin Bolin; Teri Sforza; Mark Miller; Dan Worthington; Bob Vilker; Wes Bannister; Kira Erquiaga; Terry Knapper; Wallace Walrod; Stephen Weisberg; Jack Skinner; Nancy Skinner. PUBLIC COMMENTS There were no public comments. REPORT OF THE CHAIR Chair Anderson announced that Director Jill Hardy has been appointed to the Urban Runoff Ad Hoc Committee, and the committee would be meeting on August 3 at 3:00 p.m. It was also reported the PDC Committee would be meeting on August 4. OMTS and FAHR would not be meeting in the month of August. REPORT OF THE GENERAL MANAGER Blake Anderson, General Manager, reported that staff met with the Orange County members of the Southern California Association of Publicly Owned Treatment Works (SCAP) to discuss urban runoff issues. He advised the Ad Hoc Committee re Urban Runoff would be considering at their next meeting a resolution of support of the County of Orange's efforts in the development and implementation of a regional strategic plan. The resolution would then come forward to the Board of Directors for adoption. REPORT OF THE GENERAL COUNSEL Brad Hogin, General Counsel, clarified the procedure for the special meeting scheduled that evening at 8:30 p.m. The special meeting would consider the General Manager's employment. In response to questions, he advised the General Manager could request at that time the item be considered in open or closed session. APPROVAL OF MINUTES The Chair ordered that the minutes of the regular meeting held June 22, 2005 be deemed approved. Directors Dotson and Schafer abstained. RATIFICATION OF PAYMENT OF CLAIMS MOVED, SECONDED AND DULY CARRIED: Ratify payment of claims set forth on exhibits "A" and "B", attached hereto and made a part of these minutes. ALL DISTRICTS 06/15/05 06/30/05 $19.389,983.73 $18.121.447.73 Director Cavecche abstained from discussion and voting on Warrant Nos. 72920 and 72950. Director Crandall abstained from discussion and voting on Warrant No. 72716, and opposed l> v Minutes for Board Meeting Page4 07/20/05 Warrant No. 72523. Director Eckenrode opposed Warrant No. 72523. Director Luebben abstained from discussion and voting on Warrant Nos. 72230, 72735, 72803, 72910, and 73068; and opposed Warrant No. 72523. CONSENT CALENDAR 9. Consideration of motion to approve all agenda items appearing on the Consent Calendar not specifically removed from same, as follows: a. Item pulled for discussion. END OF CONSENT CALENDAR 10. Consideration of items deleted from Consent Calendar: a. Adopt Resolution No. OCSD 05-20, directing the County Tax Collector-Treasurer to include sanitary sewer service charges on the 2005-06 property tax bill. A motion was made to amend the proposed resolution to reflect a 15% increase of sewer service charges instead of 30%. Brad Hagin, General Counsel, advised the Board of Directors could not consider increasing or decreasing sewer service charges as that was not properly noticed and agendized for this meeting. It was clarified that the proposed resolution only provides for the method of billing for sewer service charges. Staff responded to Directors' questions clarifying that the adoption of the resolution at this time would prohibit the preferred method of billing for the charges on the property tax bill. A substitute motion was then moved and seconded to adopt Resolution No. OCSD 05-20, directing the County Tax Collector-Treasurer to include sanitary sewer service charges on the 2005-06 property tax bill. The original motion was withdrawn. Directors Bankhead, Christy and Marshall opposed. COMMITTEE REPORTS AND RECOMMENDED ACTIONS 11. STEERING COMMITIEE: A verbal report was presented by Director Anderson, Chair of the Steering Committee, re the July 20, 2005 meeting. Chair Anderson reported he would be presenting a resolution to CASA in recognition of their 5oth Anniversary at the San Diego Conference in August. The committee received updates on the legislative progress report; SA WPA; and Cooperative Projects. General Counsel also briefly reviewed various issues. Minutes for Board Meeting Page 5 07/20/05 Consent Calendar a. MOVED, SECONDED AND DULY CARRIED: Order draft Steering Committee Minutes for the meeting held on June 22, 2005, to be filed. Non-Consent Calendar No items considered. 13. OPERATIONS. MAINTENANCE AND TECHNICAL SERVICES COMMITTEE (OMTS) OMTS Consent Calendar a. MOVED, SECONDED AND DULY CARRIED: Order draft Operations, Maintenance and Technical Services Committee Minutes for the meeting held on July 6, 2005, to be filed. b. MOVED, SECONDED AND DULY CARRIED: Authorize negotiations and award a consulting services agreement to CH2M Hill to conduct a needs assessment and prepare recommendations for development of an Environmental Compliance Awareness Program (ECAP), Specification No. CS-2005-229 BO, in an amount not to exceed $149,000, for the period of August 1, 2005 through December 31, 2006. c. MOVED, SECONDED AND DULY CARRIED: Authorize the General Manager to enter into a contract with EnerTech Environmental, Inc., in a form approved by General Counsel, to manage biosolids at their facility in Rialto, California for a 10-year period, and to provide four five-year options at an initial cost of $69.40 per ton of biosolids managed for an amount not to exceed $5,500,000 per year plus annual contract index escalators. d. MOVED, SECONDED AND DULY CARRIED: Approve Change Order No. 2 to P.O. No. 43649 issued to Atkins Water as a sole source contract in the amount of $106,560, for a total amount not to exceed $140,200, for evaluation and preliminary design activities re Anaerobic Baffled Reactor (ABR) technology. e. Item pulled to non-consent calendar Non-Consent Calendar e. (1) Receive and file Asset Management Plan 2005 Executive Summary prepared by GHD, LLC and Staff; (2) Receive and file OCSD Asset Management Improvement Program Overall Roadmap 2005, prepared by GHD, LLC, dated June 2005; and, (3) Approve Amendment No. 2 to the Consulting Services Agreement with GHD, LLC for Asset Management, Job No. SP-68-02, to continue services for a thirteen-month period from July 1, 2005 to July 31, 2006 for an additional cost of $550,000, increasing the total amount not to exceed $918,000. Minutes for Board Meeting Page6 07/20/05 OMTS Committee Chair Cavecche requested the item be pulled from the consent calendar for discussion by the Board of Directors. She provided a brief background on asset management and prior board actions. Chair Cavecche advised that to date the District has saved over $30 million with the program, and advised the consultant, GHD, would be phased out in 2008. Jim Herberg, Director of Operations & Maintenance, advised that the requested action was a continuation of a process that was started last year with the consultant, GHD. He also advised that the Asset Management Strategic Plan would be an essential tool in managing the District's assets. It is through this system the Sanitation District will reduce the risk of failure, provide an acceptable level of service, minimize the costs and maximize the life of the assets. GHD has assisted staff in updating an evaluation and replacement costs of the Sanitation District's assets with projections for 1 00 years. The analysis is very detailed and shows a long-term sustainable cost structure. The strategic plan established a level of service plan as well as a risk plan for the collections system, and links costs to the service provided. Directors requested they be provided additional detailed information on what services the consultant has provided to date and the need to continue working with the consultant for the last portion of the program. MOVED, SECONDED AND DULY CARRIED: To refer this item back to staff for additional information to be presented at the meeting to be held on August 24, 2005. 14. PLANNING. DESIGN AND CONSTRUCTION COMMITTEE (PDC) PDC Consent Calendar a. MOVED, SECONDED AND DULY CARRIED: Order draft Planning, Design and Construction Committee Minutes for the meeting held on July 7, 2005 to be filed. b. MOVED, SECONDED AND DULY CARRIED: Ratify Change Order No. 7 to Effluent Pump Station Annex, Job No. J-77, with J.F. Shea Construction, Inc., authorizing an addition of $53, 196, increasing the total contract amount to $44,007,554. c. MOVED, SECONDED AND DULY CARRIED: Ratify Change Order No. 5 to Trickling Filter Rehabilitation and New Clarifiers, Job No. P1-76, with J.R. Filanc Construction Company, Inc., authorizing an addition of $787,043 increasing the total contract amount to $34,219,858. d. MOVED, SECONDED AND DULY CARRIED: Ratify Change Order No. 4 to Gisler-Redhill Trunk Improvements, Reach "A", Contract No. 7-36; Orange Trunk Improvements, Contract No. 7-39; Gisler-Redhill/North Trunk Improvements, Contract No. 7-41; and City of Tustin Project Nos. 6106 and 6151, with ARB, Inc., authorizing an addition of $493,263 and nine calendar days, increasing the total contract amount to $19,960,072. Minutes for Board Meeting Page 7 07/20/05 e. MOVED, SECONDED AND DULY CARRIED: Ratify Change Order No. 21 to Primary Clarifiers 16-31 and Related Facilities, Job No. P1-37, with Margate Construction, authorizing an addition of $100,648 increasing the total contract amount to $71,708,740. f. MOVED, SECONDED AND DULY CARRIED: Approve Change Order No. 8 to Effluent Pump Station Annex, Job No. J-77, with J.F. Shea Construction, Inc., authorizing an addition of $220, 133, increasing the total contract amount to $44,227,687. g. MOVED, SECONDED AND DULY CARRIED: (1) Approve a budget increase of $1,800,000 for a total budget of $2,800,000; and, (2) Authorize the General Manager to solicit bids and award a construction contract for the construction of the Santa Ana River Interceptor 2005 -Phase 2 Emergency Repairs for an amount not to exceed $1,500,000. h. MOVED, SECONDED AND DULY CARRIED: (1) Approve Amendment No. 7 to the Professional Services Agreement with Carollo Engineers for Headworks Replacement at Plant No. 2, Job No. P2-66, providing for additional engineering services during construction for an additional amount of $10,457,710, increasing the total amount not to exceed $26,740,004; (2) Authorize a budget transfer of $1,088,060 from Job No. P2-66 to Headworks Construction Trailers at Plant No. 2, Job No. P2-66-2; and, (3) Authorize a budget transfer of $3,797,298 from Job No. P2-66 to Utility Corridor, Parking and Pump Station for Contractor Staging Areas, Job No. P2-66-3. PDC Non-Consent Calendar No items considered. 15. FINANCE. ADMINISTRATION AND HUMAN RESOURCES COMMITIEE (FAHR) FAHR Consent Calendar a. MOVED, SECONDED AND DULY CARRIED: Order draft Finance, Administration and Human Resources Committee Minutes for the meeting held on July 13, 2005 to be filed. b. MOVED, SECONDED AND DULY CARRIED: Receive and file Treasurer's Report for the month of June 2005. ' Minutes for Board Meeting Page 8 07/20/05 c. MOVED, SECONDED AND DULY CARRIED: Adopt Resolution No. OCSD 05-21, Authorizing the District's Treasurer to Invest and/or Reinvest District's Funds; Adopting District's Investment Policy Statement and Performance Benchmarks for FY 2004-05; and Repealing Resolution No. OCSD 04-21. Director Christy abstained. d. Item pulled to non-consent calendar. e. MOVED, SECONDED AND DULY CARRIED: Receive and file the Public Affairs Strategic Plan FY 2005-06. f. MOVED, SECONDED AND DULY CARRIED: Authorize the Director of Human Resources to make changes to existing vacant Orange County Sanitation District classification titles and to downgrade associated pay grades in support of the staffing plan. FAHR Non-Consent Calendar d. (1) Direct staff to issue up to $200 million in new variable-rate Certificates of Participation (COP) debt; and, (2) Authorize the General Manager to negotiate and enter into a sole source Consultant Services Agreement with Orrick, Herrington & Sutcliffe to provide bond counsel services in an amount not to exceed $135,000. Directors requested they be provided a debt capacity service plan from Public Resources Advisory Group (PRAG) that would provide justification and rationale for the amount of variable rate debt that is being considered. Mike White, Acting Director of Finance, advised that staff was recommending the proposed $200 million debt issuance for Fiscal Year 2005-06 be issued as variable rate debt but to budget and repay the debt based on current fixed interest rates. Currently, there is a 2-3% spread in rates between variable and fixed rates, and this difference would be used to buy down on the existing debt thereby lowering our overall debt service costs. The savings generated by buying down on the debt would also serve as a hedge against potential future increases in variable rates. MOVED, SECONDED AND DULY CARRIED: To refer this item back to staff for additional information to be presented at the meeting to be held on August 24, 2005. Minutes for Board Meeting Page 9 07/20/05 16. GWR SYSTEM STEERING COMMITTEE (GWRSSC) GWRSSC Consent Calendar Director Duvall provided a brief report on the progress of the Groundwater Replenishment System project. He regretfully advised that the injured construction worker passed away. a. MOVED, SECONDED AND DULY CARRIED: Order Joint Groundwater Replenishment System Steering Committee Minutes for the meeting held on June 13, 2005 to be filed. b. MOVED, SECONDED AND DULY CARRIED: Approve Amendment No. 6 to the Professional Services Agreement with MWH Americas, Inc., providing for the annual cost-of-living adjustment in accordance with their Professional Services Agreement, for the Groundwater Replenishment System, Job No. J-36, for an additional amount of $212,205, increasing the total amount not to exceed $13,785,451 to be equally shared with the Orange County Water District. GWRSSC Non-Consent Calendar No items considered. NON-CONSENT CALENDAR 16. MOVED, SECONDED AND DULY CARRIED: (1) Approve Plans and Specifications and Addendum No. 1 for Laboratory Rehabilitation at Plant No. 1, Job No. J-88, on file at the office of the Board Secretary; (2) Receive and file bid tabulation; and, (3) Award a construction contract to Dalke and Sons Construction, Inc., for an amount not to exceed $643 ,280. 17. MOVED, SECONDED AND DULY CARRIED: (1) Approve Plans and Specifications for Plant No.1 Water Distribution System Modifications, Job No. FE05-20 on file at the office of the Board Secretary; (2) Receive and file bid tabulation; and, (3) Award a construction contract to Mike Prlich & Sons, Inc. for Plant No. 1 Water Distribution System Modifications, Job No. FE05-20, for an amount not to exceed $196,378. y Minutes for Board Meeting Page 10 07/20/05 18. MOVED, SECONDED AND DULY CARRIED: (1) Approve Plans and Specifications and Addenda Nos. 1, 2, and 3 for Utility Corridor, Parking, and Pump Station for Contractor Staging, Job No. P2-66-3, on file at the office of the Board Secretary; (2) Receive and file bid tabulation: and, (3) Award a construction contract to Denboer Engineering & Construction, Inc. for Utility Corridor, Parking, and Pump Station for Contractor Staging, Job No. P2-66-3, for an amount not to exceed $1,323,000. 19. CONVENE IN CLOSED SESSION PURSUANT TO GOVERNMENT CODE SECTIONS 54956.8 and 54956.9: The Board convened in closed session at 8:08 p.m. pursuant to Government Code Sections 54956.8 and 54956.9. Confidential minutes of the Closed Session held by the Board of Directors have been prepared in accordance with California Government Code Section 54957.2 and are maintained by the Board Secretary in the Official Book of Confidential Minutes of Board and Committee Closed Meetings. A report of action taken will be publicly reported at the time the approved action becomes final re Agenda Item No. 19(a) (2) and (3). Agenda Item No. 19(a) (1) was not discussed. RECONVENE IN REGULAR SESSION: The Board reconvened in regular session at 8:29 p.m. 21. MOVED, SECONDED AND DULY CARRIED: Approve a reimbursement agreement with Level 3 Communications, LLC, for reimbursement of costs resulting from delays in connection with Gisler-Redhill/North Trunk Sewer Improvements, Contract No. 7-41, in a form approved by General Counsel. ADJOURNMENT: The Chair declared the meeting adjourned at 8:31 p.m. Penny M. Kyle Secretary to the oard of ectors of Orange County Sanitation District H:\dept\agenda\Board Minutes\2005 Board Minutes\072005 minutes.doc Vendor; Vendor 'II Warrant No. Vendor Accounts Payable -Warrants 45006 11623 72213 Black & Veatch Corporation 125102 13362 72214 Brown & Caldwell 38762 30904 72215 Camp Dresser & McKee, Inc. 62412 82843 72216 Carollo Engineers 52281 52281 72217 City of Fountain Valley 133452 133452 72218 Clean Energy 181366 181366 72219 CS-AMSCO 65218 69631 72220 Environmental Science Associate (ESA) 119802 119802 72221 IPMC c/o Parsons 13645 13645 72222 Kemiron Companies, Inc. 119984 119984 72223 Malcolm Pirnie, Inc. 88516 88516 72224 NRG Thermal Services, L.L.C. 161306 161306 72225 Occidental Energy Marketing, Inc. 112053 103392 72226 Pioneer Americas, Inc. 123300 123300 72227 PBM IT Solutions 161672 161672 72228 PBS&J 42403 11914 72229 RemedyTemp, Inc. 33283 33283 72230 Southern California Edison 14031 14031 72231 Tule Ranch/Magan Farms 109428 109428 72232 U.S. Metro Group, Inc. 104475 104475 72233 U.S. Peroxide, L.L.C. 85008 85016 72234 UC Regents 97375 97375 72235 J F Shea Construction, Inc. 96743 96743 72236 J R Filanc Construction 15288 15288 72237 Margate Construction, Inc. 66190 66190 72238 Olsson Construction, Inc. 72215 72215 72239 Southern Contracting Company 149219 149219 72240 Torrey Pines Bank 40918 40918 72241 A Biederman, Inc. 66106 12319 72242 Abrasive Engineering Tool & Equipment 68806 68806 72243 Absolute Standards, Inc. 163272 163272 72244 Accounting Options, Inc. 83993 84005 72245 Agilent Technologies, Inc. 45639 12360 72246 Air Liquide America Corporation 80240 80240 72247 AliMed, Inc. 191396 191396 72248 American Concrete Institute 129517 129517 72249 American Fildelity Assurance Company 116581 116581 72250 Aquarium Doctor 55984 16820 72251 Arizona Instrument 56709 56709 72252 Ashbrook Corporation 9814 9814 72253 Awards & Trophies Company 11287 11287 72254 AGM Electronics, Inc. 78060 78060 72255 American Telephone & Telegraph Corp. 11359 11359 72256 AWSI H:\dept\fin\210\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report· 06·15·05 fin121onc Claims Paid From 06/01/05 to 06/15/05 Amount Description $ 816,605.23 Engineering Services J-79-1, J-102, J-77 & P1-102 406, 166.82 Professional Services P1-37, P2-90 & P2-91 108,117.84 Engineering Service J-71-8 150,661.73 Professional Services P2-66 32,915.57 Water Use 25,006.78 Installation of Compressed Natural Gas Station Upgrade 47,278.88 Valves for Digesters "F" and "G" Rehabilitation 55,958.29 Professional Services J-40-5 1,304,002.00 Professional Services -Integrated Program Management 133,458.09 Ferric Chloride MO 9-27-95 327,534.17 Professional Services 1-10 & 11-26 350,298.35 Professional Services J-79 93,487.86 Natural Gas for CenGen/CoGen 104,296.86 Sodium Hypochlorite 47,281.00 Cisco SmartNet Maintenance Agreement 64,038.43 Professional Services 3-52 52,999.22 Temporary Employment Services 48,440.30 Power 235,787.86 Residuals Removal MO 3-29-95 27,960.00 Janitorial & Floor Maintenance at Plants 1 & 2 53,071.46 Odor & Corrosion Control Treatment for Coll. Sys.; Hydrogen Peroxide 26,701.00 Professional Services -Biotrickling Filter Test 3,624,260.87 Construction J-77 & J-35-1 955,169.10 Construction P 1-76 722,617.00 Construction P1-37 56,580.00 Construction P2-82 90,358.00 Construction J-33-1 106,129.90 Construction P1-76, Retention 1,552.79 Instrument Supplies 25.93 Repairs & Maintenance Supplies 75.00 lab Parts & Supplies 4,434.08 Temporary Employment Services 1,183.62 lab Parts & Supplies 2,959.36 Specialty Gases 60.95 Ergonomic Computer Supplies 753.45 Books & Publications 254.90 Employee Cancer Insurance 110.83 Human Resources Aquarium Service 1, 107.75 Instrument Supplies 1,525.75 Mechanical Parts & Supplies 68.31 Awards & Trophies 406.92 Electronic Supplies 24.65 Telephone Service 260.00 Department of Transportation Program Management & Testing Page 1 of 14 EXHIBIT A 7/1/2005 Vendor ; Vendor 'II Warrant No. Vendor 62455 30787 72257 Bar Tech Telecom, Inc. 125081 125161 72258 Basic Chemical Solutions, L.L.C. 10807 10807 72259 Battery Specialties 12765 12765 72260 Bauer Compressors 13240 13240 72261 BioMerieux Vitek, Inc. 86596 86596 72262 James L. Burror 31561 31561 72263 Callan Associates, Inc. 38754 11851 72264 Caltrol, Inc. 8547 8547 72265 Corina M. Chaudhry 38050 17144 72266 Cole-Parmer Instrument Company 123094 123094 72267 Columbia Analytical Services, Inc. 102761 102761 72268 Communications Supply Corp. 82481 82481 72269 Computer Protection Technology, Inc. 12095 12095 72270 Consumers Pipe & Supply Co. 61840 12167 72271 Cooper Cameron Corporation 39052 12221 72272 Corporate Express 39095 17216 72273 County Wholesale Electric Co. 57234 57234 72274 Cummins Cal Pacific, Inc. 187477 187477 72275 Campbell Window Tinting 35220 35220 72276 CWEA 131748 131748 72277 Dalke & Sons Constructions, Inc. 15860 15860 72278 Del Mar Analytical 58624 15835 72279 Dell Computer 157121 157121 72280 Dudek & Associates, Inc. 39263 11754 72281 Dunn-Edwards Corporation 57728 57728 72282 DAE Instruments 182625 185471 72283 Dezurik Water Controls 116370 116370 72284 OHL Express (USA), Inc. 82190 82190 72285 DIRECTV 11017 11017 72286 Electro Numerics, Inc. 37680 37680 72287 Employment Development Dept. 11041 11480 72288 Enchanter, Inc. 104352 118455 72289 Stearns Bank, N.A. 105611 105611 72290 Ewing Irrigation Industrial 109794 109794 72291 Executive Portraits 11324 11324 72292 ENS Resources, Inc. 83766 83766 72293 ESRI, Inc. 9970 11682 72294 FedEx Corporation 11800 11800 72295 Fisher Scientific 11922 11922 72296 Forkert Engineering & Surveying, Inc. 12001 12001 72297 Fountain Valley Paints, Inc. 11981 11981 72298 Fountain Valley Rancho Hand Wash 37655 37655 72299 Franklin Covey 12087 12087 72300 City of Fullerton 73867 73867 72301 Government Finance Officers Association H:\dept\fin\210\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report-06-15-05 fin121onc Claims Paid From 06/01/05 to 06/15/05 Amount Description 1,296.65 Telephone Parts & Supplies 24,566.13 Sodium Bisulfite 237.91 Batteries 4,205.70 Confined Space Units & Carrying Cases 490.65 Lab Parts & Supplies 1,021.49 Employee Computer Loan Program 3,650.00 Investment Advisor 2,888.61 Mechanical Parts & Supplies 511.78 Meeting/Training Expense Reimbursement 252.09 Vinyl Tubing and Tube Cutters 600.00 Analysis of Wastewater, Industrial Wastewater & Biosolids 1, 139.90 Computer Hardware/Software 4,207.84 Computer Maintenance -Batteries & Battery Rack/Installation 1,007.43 Plumbing Parts & Supplies 290.49 Engine Supplies 2,946.76 Office Supplies 85.08 Electrical Parts & Supplies 769.12 Tank Heaters 175.00 Tinting of Purchasing Lobby Door 185.00 Notices &Ads 861.00 Construction J-89 939.00 Analysis of Biosolids 19,163.07 (19) Personal Computers 22,587.96 Professional Services 2-68 95.09 Paint Supplies 663.78 Instrument Parts, Supplies & Calibration Services 1,659.67 Valves 46.57 Freight Services 1.60 Subscription 110.92 Electrical Repairs & Maintenance 58.94 State Unemployment Tax 4,700.00 Ocean Monitoring & Outfall Inspection & Maintenance 679.45 Hydrochloric Acid 56.18 Irrigation Parts & Supplies 67.84 Photographic Services 10,000.00 Professional Services -Legislative Advocate 1,275.00 Training Registration 158.36 Freight Services 899.85 Lab Parts & Supplies 495.00 Surveying Services P2-66 237.69 Paint Supplies 829.70 OCSD Wash/Waxing Services 800.04 Office Supplies 116.94 Water Use 150.00 Notices & Ads Page 2of14 EXHIBIT A 7/1/2005 Vendor i Vendor '11 Warrant No. Vendor 12239 12239 72302 Garratt-Callahan Company 30605 30605 72303 George Yardley Co. 17021 17021 72304 Goldenwest Window Service 104723 104723 72305 Goodway Technologies Corp. 43967 12491 72306 Grainger, Inc. 39950 12571 72307 Graybar Electric Company 13451 13451 72308 Great Western Sanitary Supplies 72637 35060 72309 Hach c/o Ponton Industries 13928 13928 72310 Harold Primrose Ice 64371 12685 72311 Harrington Industrial Plastics, Inc. 63221 63221 72312 Hasco Oil Co., Inc. 12853 12853 72313 Home Depot 73437 73437 72314 Horizon Technology 37647 37647 72315 Hub Auto Supply 52329 52329 72316 City of Huntington Beach 40660 13688 72317 Industrial Distribution Group 117751 117751 72318 Irvine Technology Corporation 40483 37591 72319 ISi, inc. 88225 88225 72320 J & L Industrial Supply 13493 13493 72321 Jay's Catering 72389 72389 72322 John Lisee Pumps 82392 82392 72323 LINJER 63183 63183 72324 M. J. Schiff & Associates, Inc. 32483 32483 72325 McGarry Central 122657 122657 72326 McMahan Business Interiors 35668 31077 72327 McMaster-Carr Supply Co. 31000 132661 72328 Motion Industries, Inc. 69198 69198 72329 Municipal Water Dist. of Orange County 184735 184735 72330 Matrix Compliance Services, Inc. 16985 16985 72331 N. Glantz & Son 115191 115191 72332 The National Purchasing Institute 133823 133823 72333 New Dimension Solutions, Inc. 41937 15739 72334 Newark Electronics 61591 61591 72335 Nori ab 89607 89607 72336 Nu-Way Laser Engraving 126623 126623 72337 O'Connor Sales, Inc. 41953 15886 72338 Office Depot Business Services Div. 82835 133461 72339 OneSource Distributors, Inc. 33523 33523 72340 Orange County Business Council 90190 90190 72341 Orange County Hose Company 16002 116652 72342 Orange Fluid System Technologies, Inc. 42008 17443 72343 Orrick, Herrington & Sutcliffe 16029 16029 72344 Oxygen Service Company 12757 64549 72345 P.L. Hawn Company, Inc. 13469 13469 72346 Pacific Mechanical Supply H:\dept\ftn\210\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report· 06-15-05 ftn121onc Claims Paid From 06/01/05 to 06/15/05 Amount 5,122.86 3,258.36 160.00 517.49 3,406.74 3, 187.45 49.57 146.32 110.50 4,851.95 263.10 539.47 167.88 154.63 12,339.89 221.22 17,777.00 691.00 332.21 1, 161.28 2,039.90 5,042.04 903.00 117.19 2,042.69 441.61 814.06 250.00 6,625.00 188.07 300.00 7,000.00 429.19 119.70 757.17 2,487.00 2,751.43 1, 194.43 1,500.00 174.50 6,782.93 2,026.66 175.10 686.19 56.43 Page 3of14 Description Chemicals Mechanical Parts & Supplies Maintenance Services -Cleaning Digesters 5 & 6 Pump Room Flexible Shaft & Misc. Supplies for Tube Cleaning Electrical Parts & Supplies Software Upgrade Janitorial Supplies Lab Parts & Supplies Ice For Samples Plumbing Supplies Grease Misc. Repair & Maintenance Material Lab Parts & Supplies Vehicle Parts & Supplies Water Use Mechanical & Paint Supplies Temporary Employment Services Software Maintenance & Support Mechanical Parts & Supplies Meeting Expenses Pump Supplies Professional Services -DART MO 9-22-99 Professional Services SP-68-1 Office Equipment Maintenance Agreement Construction FE05-21 Mechanical Parts & Supplies Motor General Management Administration Division Meeting Expenses Professional Services -Biosollds Environmental Mgmt. Sys. Interim Audit Film 2005 Achievement of Excellence In Procurement Award Application Fee Professional Services -Reliability Centered Maintenance Facilitator Training Electrical Parts & Supplies Chemicals Steel Tags Mechanical Parts & Supplies Office Supplies Electrical Parts & Supplies Membership & General Management Admin. Division Meeting Registration Hydraulic Hose Supplies & Parts Plumbing Parts & Supplies Legal Services -Arbitrage Rebate Calculations Re Series 1993 COPs Specialty Gases AC Filters Plumbing Supplies EXHIBIT A 7/1/2005 Vendor; Vendor 11 Warrant No. Vendor 110681 110681 72347 Partners Consulting Services 42059 14040 72348 Peerless Wiping Materials Co. 42892 42892 72349 PerkinElmer LAS 14066 14066 72350 Port Supply 88882 88882 72351 Pre-Paid Legal Services, Inc. 78300 78300 72352 Primary Source Office Furnishings, Inc. 70957 70957 72353 Procurement Services Associates 157438 157438 72354 Prudential Overall Supply 122286 122286 72355 PCG Industries 67512 67512 72356 PCS Express, Inc. 127343 127351 72357 Quinn Shepherd Machinery 42366 13979 72358 R & R Instrumentation, Inc. 83416 83416 72359 Raney Industries 12124 12124 72360 Red Wing Shoes 96655 96655 72361 Rees Scientific 32740 32740 72362 Reliastar Bankers Security Life Ins. 34518 69366 72363 Restek Corporation 120336 120336 72364 Retrofit Parts & Components, Inc. 131836 115844 72365 Robicon Corporation 73824 73824 72366 Rockwell Engineering & Equipment Co. 42489 12212 72367 Rosemount/Uniloc 130155 130155 72368 Royale Cleaners 70800 73461 72369 RBF Engineers 42438 35596 72370 RMS Engineering & Design, Inc. 42577 42577 72371 RS Hughes Co, Inc. 79960 33777 72372 Schwing America, Inc. 121101 121110 72373 Seal's Compressed Gases 75248 75248 72374 Seaventures 159011 159011 72375 Seton Name Plate 113945 113945 72376 Sewer Line Video Inspection -MPO 42681 12407 72377 Shureluck Sales & Engineering 16192 16192 72378 Skalar, Inc. 83512 16230 72379 Smith Pipe & Supply 132361 132361 72380 Southwest Valve & Equipment 16281 16281 72381 Sparkletts 12722 12722 72382 Summit Steel 42809 16424 72383 Sunset Industrial Parts 10081 10081 72384 SBC 167581 167581 72385 SBC Long Distance 183695 183695 72386 SBC/MCI 63212 151440 72387 SC Fuels 15958 15958 72388 SKC-West, Inc. 184410 184410 72389 SKYE, L.L.C. 71685 71685 72390 SPEC Services, Inc. 183003 183003 72391 Taco Factory H:\dep"fin\210\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report· 06·1S.05 fin121onc Claims Paid From 06/01/05 to 06/15/05 Amount 7,140.00 672.36 1,385.75 359.04 433.55 1,339.33 4,960.00 1,545.76 1,200.00 146.81 682.66 1,160.17 4,340.00 155.16 2,313.20 10,993.75 120.38 176.18 541.10 17,094.41 867.50 6.00 1,846.00 13,300.00 353.98 337.21 1,601.90 1,850.00 735.00 12,807.48 1,017.54 79.05 875.00 1,098.88 2,299.16 2,789.91 648.82 1,440.20 1,748.65 2,310.21 2,787.89 911.08 11,280.00 19,747.27 100.21 Page 4of14 Description Professional Consulting Services -JD Edwards Help Desk Support Janitorial Supplies Lab Parts & Supplies Life Jackets & Misc. Port Supplies Employee Legal Service Insurance Premium Office Furniture Temporary Employment Services Uniforms & Related Articles Repair & Maintenance Services -High Rate Mixer Pump Shaft Courier Service Filters Instrument Supplies Repairs & Maintenance Services -Filter Press Safety Shoes Lab Instrument Service Employee Life Ins. Premium, Short-Term Disability & Cancer Ins. Payroll Deductions Lab Parts & Supplies Mechanical Parts & Supplies Repairs & Maintenance Services -Rubicon Drives Vaughan Chopper Pump Instrument Supplies Dry Cleaning Services Surveying Services 5-52 Engineering Services J-96 Paint Supplies Pump Supplies Safety Supplies Ocean Monitoring -Water Quality Monitoring Street Identification & Safety Signs Sewerline Video Inspections -Various Locations Mechanical Parts & Supplies Lab Parts & Supplies Plumbing Supplies Valves Drinking Water/Cooler Rentals Metal Mechanical Parts & Supplies Telephone Services Long Distance Telephone Services Telephone Services Diesel Fuel Lab Parts & Supplies Professional Services -Engineering Library Plan Record Drawings Rack Filing Sys. Construction J-33-1 & Engineering Services SP-94 Meeting Expenses P1-100 EXHIBIT A 71112005 Vendor; Vendor #1 Warrant No. Vendor 123676 123676 72392 The Walking Man, Inc. 12790 12790 72393 Thompson Industrial Supply, Inc. 40205 12845 72394 Time Warner Communication 122681 122681 72395 Townsend Public Affairs 65146 30867 72396 Southern California Trane Service 72485 73015 72397 TEKsystems 40301 11762 72398 US Filter Corp. 12992 12992 72399 The Unisource Corporation 165155 165155 72400 United Pacific Services, Inc. 40256 13039 72401 United Parcel Service 102859 102859 72402 Universal Specialties, Inc. 75301 75301 72403 University of Wisconsin Madison 126826 126826 72404 UBS Financial Services, Inc. 70914 70914 72405 The Vantage Group, L.L.C. 33347 33347 72406 Vapex, Inc. 13143 13143 72407 Verne's Plumbing 40387 13063 72408 VWR Scientific Products 42913 13186 72409 The Wackenhut Corporation 110007 110007 72410 Wally Machinery and Tool Supply, Inc. 176719 176719 72411 Wastewater Treatment Plant Specialist 113611 113611 72412 Weber Scientific 13274 13274 72413 West-Lite Supply Company, Inc. 31069 159468 72414 Weston Solutions, Inc. 8731 8731 72415 Jeff W. Woodward 178757 178757 72416 1-800-Conference(R) 161218 161218 72417 Bon Air, Inc. 106622 106622 72418 California Bank & Trust 157180 157180 72419 Orange Community Bank 9013 9013 72420 Layne T. Baroldi 9128 9128 72421 Shabbir S. Basrai 120740 120740 72422 Carol T. Beekman 113953 113953 72423 Martin A. Dix 3010 3010 72424 Norbert Gaia 3532 3532 72425 Linda Losurdo 109751 109751 72426 Roy J. Reynolds 2547 2547 72427 Robert C. Thompson 31691 31691 72428 Orange County Sanitation District 68929 68929 72429 State Board of Equalization 45663 12394 72430 Air Products & Chemicals 62412 82843 72431 Carollo Engineers 12087 12087 72432 City of Fullerton 96743 96743 72433 J R Filanc Construction 31333 31333 72434 SCAP 192073 192073 72435 MetLife Life Insurance Company 179611 179629 72436 Advanced Flow Technology H:\dept\fin\210\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report-06-15-05 fin/210nc Claims Paid From 06/01/05 to 06/15/05 Amount 525.00 3,894.41 51.07 5,000.00 2,273.60 12,533.00 846.83 228.99 4,987.00 1,021.18 29.04 679.00 18,801.56 1,248.00 641.00 1,750.00 7,517.91 12,432.09 26.18 2,500.00 529.31 719.20 5,800.00 130.00 190.15 17,737.00 4,755.00 6,287.00 1,678.56 132.00 233.00 164.00 552.06 332.98 611.25 150.00 1,691.45 350.00 32,887.99 179,152.60 161,409.96 79,410.34 48,000.00 40,000.00 4,109.31 Page 5of14 Descrl~tlon Public Notice Printing & Mailing Services Various Projects 7-41 Mechanical Parts & Supplies Cable Services Legislative & Executive Advocate for Grant Funding Electrical Parts & Supplies Temporary Employment Services Service Agreement -DI Water Systems at Plants 1 & 2 Office Supplies Landscape Maintenance Services -Cleaning of East Perimeter Road Parcel Services Plumbing Parts & Supplies Training Registration Remarketing Fee -1992 Advanced Refunding Temporary Employment Service Instrument Parts & Supplies Service Contract-Testing & Cert. Backflow Devices at Pits. 1 & 2 & Pump Sta. Lab Parts & Supplies Security Guards Mechanical Parts & Supplies Professional Services -Settleable Solids Problems at Pit 2 & P1-27 Start-Up Problems Lab Parts & Supplies Electrical Parts & Supplies Outside Laboratory Services Meeting/Training Expense Reimbursement Conference Call Services Construction FE02-62 Construction J-33-1 A, Retention Construction P2-82, Retention Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Petty Cash Reimb. Annexation Fee 0 & M Agreement Oxy Gen Sys MO 8-8-89 Prof. Serv. -Coordinated Commercial Enterprise Study & P2-66 Water Use Professional Services FE03-38 Membership Group Life Insurance Premium Electrical Parts & Supplies EXHIBIT A 7/1/2005 Vendor; Vendor "II Warrant No. Vendor 40432 106745 72437 Airgas Safety, Inc. 50825 50825 72438 American Public Works 119909 119909 72439 Association of Compost Producers 115166 66392 72440 Baker Tanks 7173 7173 72441 Court Order 30971 30971 72442 Compressor Components Of California 12095 12095 72443 Consumers Pipe & Supply Co. 132898 132898 72444 County of Orange 16117 16117 72445 County of Orange -Auditor Controller 16117 16117 72446 County of Orange -Auditor Controller 16117 16117 72447 County of Orange -Auditor Controller 16117 16117 72448 County of Orange -Auditor Controller 33507 33507 72449 Court Trustee 190300 190300 72450 Controlled Motion Solution 35220 35220 72451 CWEA 74544 74544 72452 David's Tree Service 147635 147635 72453 Department of Child Support Services 81509 81509 72454 Eagle Aerial Imaging 106809 106809 72455 Employee Benefits Specialists, Inc. 178061 178061 72456 Engineered Storage Systems, Inc. 81904 81904 72457 Court Order 73234 73234 72458 First American Real Estate Solutions 12001 12001 72459 Fountain Valley Paints, Inc. 7190 7190 72460 Franchise Tax Board 129710 129710 72461 FUR Systems, Inc. 107297 107297 72462 Ricardo A. Gallegos 3019 3019 72463 Tyrone C. Givan 125428 125428 72464 Hagemeyer North America 13928 13928 72465 Harold Primrose Ice 112256 112256 72466 Hasler, Inc. 7261 7261 72467 Internal Revenue Service 7270 7270 72468 Intl. Union of Oper. Eng. AFL-CIO Local 501 42243 42243 72469 Knowledge Point 82392 82392 72470 LINJER 63183 63183 72471 M. J. Schiff & Associates, Inc. 162237 162237 72472 Court Order 31000 132661 72473 Motion Industries, Inc. 68793 15202 72474 Voided Check 116599 116599 72475 National Bond & Trust 15616 15616 72476 National Plant Services, Inc. 38017 38017 72477 New Horizons CLC of Santa Ana 69981 69981 72478 Ninyo & Moore Corporate Accounting 126800 126800 72479 NHRA -National Human Resources Assoc. 82835 133461 72480 OneSource Distributors, Inc. 16002 116652 72481 Orange Fluid System Technologies, Inc. H:\depl\fin\210\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report· 06·15-05 fin121onc Claims Paid From 06/01/05 to 06/15/05 Amount 5,574.26 181.34 10,000.00 1,131.20 150.00 4,740.00 418.09 150.00 1,027.50 420.00 8,447.50 292.50 454.49 106.88 194.00 3,500.00 188.50 563.75 9,507.28 4,229.00 445.00 410.00 168.42 50.00 1,650.00 130.00 130.00 3,707.25 74.00 163.78 300.00 3,941.12 33.93 5,003.45 1,460.00 225.00 29.22 3,206.34 3,527.73 525.00 1,798.00 130.00 559.64 828.95 Page 6of14 Description Safety Supplies Publications Membership Tank Rentals Wage Garnishment Mechanical Repairs & Maintenance -(6) lgniters Plumbing Parts & Supplies Wage Garnishment Encroachment Permit -7-41 Encroachment Permit -2-41-04 Encroachment Permit -7-36 Encroachment Permit -7-39 Wage Garnishment Mechanical Parts & Supplies Membership Tree Maint. Service Wage Garnishment Software Upgrade Reimbursed Prepaid Employee Medical & Dependent Care (15) Lockers & (2) Six-Foot Long Maplewood Top Benches Wage Garnishment On-Line Orange County Property Information Paint Supplies Wage Garnishment Training Registration MeetingfTraining Expense Reimbursement MeetingfTraining Expense Reimbursement Prescription Safety Glasses Ice For Samples Meter Rental Charges & Misc. Supplies -lntellitouch System Complete Mail System Wage· Garnishment Dues Deduction Training Registration Professional Service -DART MO 9-22-99 Permit Cost for Soil Sample Drilling Wage Garnishment Mechanical Parts & Supplies U.S. Savings Bonds Payroll Deductions Vacuum Truck Services Training Registration Professional Services -Materials Testing, Inspection & Geotechnical Engrg. Membership Electrical Parts & Supplies Plumbing Parts & Supplies EXHIBIT A 7/1/2005 4) Vendor; Vendor 11 Warrant No. Vendor 39571 39571 72482 OCB Reprographics 33486 33486 72483 OCEA 113865 113865 72484 Pacific Safety Council 42041 10161 72485 Parkhouse Tire, Inc. 7229 7229 72486 Peace Officers Council of CA 122489 122489 72487 Profit Techniques, Inc. 84224 84224 72488 Propipe 184701 184701 72489 Pureaire Monitoring Systems 35289 35289 72490 R. W. Beck 83416 83416 72491 Raney Industries 179741 179741 72492 Roof Removal, Inc. 42681 12407 72493 Shureluck Sales & Engineering 97738 97738 72494 Court Order 10081 10081 72495 SBC 12790 12790 72496 Thompson Industrial Supply, Inc. 33460 33460 72497 United Way 103077 103077 72498 Valverde Construction, Inc. 13143 13143 72499 Verne's Plumbing 40387 13063 72500 VWR Scientific Products Corporation 103544 103544 72501 WEFTEC 40491 13291 72502 Xerox Corporation 131668 131668 72503 Court Order 9013 9013 72504 Layne T. Baroldi 8141 8141 72505 Richard A. Castillon 5019 5019 72506 James D. Herberg 4058 4058 72507 Michael D. Moore 4062 4062 72508 Samuel l. Mowbray 39597 39597 72509 County of Orange Collections -Permits 192495 192495 72510 Geraldine Matthews & Microcenter 53823 53823 72511 Micro Center and Terry Matthews 16176 16176 72512 Orange County Sanitation District 68929 68929 72513 State Board of Equalization 38017 38017 72514 New Horizons ClC of Santa Ana 82229 82229 72515 Safetycare, Inc. 64573 64573 72516 WEF 38501 11261 72517 ADS Environmental Services. Inc. 61751 63554 72518 Basler Electric Company, Department 590 45006 11623 72519 Black & Veatch Corporation 78756 13362 72520 Brown & Caldwell 125057 126594 72521 California Soil Products 193316 193316 72522 City of Santa Ana 112740 112740 72523 Dharma Consulting 60450 60450 72524 E.I. Du Pont De Nemours and Company 182625 185471 72525 Dezurik Water Controls 105021 105021 72526 Earth Tech, Inc. H:\depl\fin\210\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report -06-15-05 fin/210/lc Claims Paid From 06/01/05 to 06/15/05 Amount Description 3,958.41 Printing Service -MO 1 /26/00 644.86 Dues Deduction 105.00 Membership 1,790.76 Tires 1,638.00 Dues Deduction, Supervisors & Professionals 161.63 Professional Services -0 & M Manager Coaching 2,205.06 CCTV Sewerline Inspections 595.83 Instrument Parts & Supplies 592.00 Professional Services FE03-15 1,280.00 Repairs & Maintenance Services -Modify lower Drain Pipes 1,850.00 Roof Repairs 223.37 Mechanical Parts & Supplies 721.50 Wage Garnishment 31.17 Telephone Services 1,380.28 Hose Kits, Assemblies & Adapters 215.00 Employee Contributions 11,017.35 Construction -Sewer/Roadway Repairs in City of Tustin 285.54 Mechanical Parts & Supplies 46.16 lab Parts & Supplies 1,815.00 Training & Meeting Registration -0 & M Process Engineering Division 14,318.90 Fax & Copier Leases 597.50 Wage Garnishment 171.99 Meeting/Training Expense Reimbursement 224.60 Meeting/Training Expense Reimbursement 531.11 Meeting/Training Expense Reimbursement 116.00 Meeting/Training Expense Reimbursement 518.56 Meeting/Training Expense Reimbursement 86.00 Annexation Fee 1,862.70 Employee Computer Loan Program 3,000.00 Employee Computer loan Program 18,016.20 Worker's Comp. Reimb. 300.00 Annexation Fee 1,575.00 Training Registration 808.12 Safety Video 139.00 Membership -Water Environment Federation 28.875.00 Professional Services J-73-2 43,873.50 Instrument & Electrical Parts & Supplies 525,294.30 Engineering Services P1-76, J-71-03, J-77 & P1-102 39,194.30 Professional Services P2-90 & CMOM/WDR Program 31,871.19 Residuals Removal MO 3-29-95 75,000.00 Cooperative Projects Reimbursement Program 30,000.00 Prof. Services -Strategic Planning & EMT Development 79,550.00 Painting Maint. Services MO 4-22-98 62,542.84 Plug Values for Digesters F & G Rehabilitation Projects 51,544.82 Professional Services P1-100 Page 7of14 EXHIBIT A 7/1/2005 Vendor; Vendor 'II Warrant No. Vendor 13645 13645 72527 Kemiron Companies, Inc. 40774 13830 72528 Lee & Ro, Inc. 119984 119984 72529 Malcolm Pirnie, Inc. 134156 134164 72530 MWH Americas, Inc. 41988 16272 72531 Orange County Water District 132951 132951 72532 Parsons Water & Infrastructure, Inc. 112053 103392 72533 Pioneer Americas, Inc. 70800 73461 72534 RBF Engineers 42438 35596 72535 RMS Engineering & Design, Inc. 42631 14007 72536 Voided Check 12589 12589 72537 So. Cal. Gas Company 14031 14031 72538 Tule Ranch/Magan Farms 104475 104475 72539 U.S. Peroxide, L.L.C. 85008 85016 72540 UC Regents 82552 104467 72541 Waste Markets 31069 159468 72542 Weston Solutions, Inc. 124417 124417 72543 ARB, Inc. 97375 97375 72544 J F Shea Construction, Inc. 96743 96743 72545 J R Filanc Construction 167935 167935 72546 Kiewit Pacific Co. 15288 15288 72547 Margate Construction, Inc. 34075 34075 72548 Mike Prlich & Sons 149219 149219 72549 Torrey Pines Bank 156849 156849 72550 Union Bank of California 187303 187303 72551 Wells Fargo Bank 68806 68806 72552 Absolute Standards, Inc. 151052 151052 72553 Ace Ergonomics 83993 84005 72554 Agilent Technologies, Inc. 40432 106745 72555 Airgas Safety, Inc. 153592 153592 72556 Airway Packing & Shipping, Inc. 53911 53911 72557 American Red Cross 69420 69420 72558 Analytical Products Group, Inc. 116581 116581 72559 Aquarium Doctor 11463 11463 72560 Aquatic Bioassay And Consulting Labs, Inc. 11586 11586 72561 Arch Wireless 93227 93227 72562 Ascolta Training Company 56709 56709 72563 Ashbrook Corporation 187101 187127 72564 American Hotel Registry Company 78060 78060 72565 American Telephone & Telegraph Corp. 125081 125161 72566 Basic Chemical Solutions, L.L.C. 10807 10807 72567 Battery Specialties 13240 13240 72568 BioMerieux Vitek, Inc. 188154 188162 72569 Bee Busters 147678 147678 72570 BMC: Business Machines Consultants, Inc. 30875 30875 72571 Cal-Glass, Inc. H:\dept\fin\210\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report -06-15-05 fin1210nc Claims Paid From 06/01/05 to 06/15/05 Amount 160,016.28 112,656.43 143,219.68 31,255.24 75,692.47 118,518.19 169,926.82 100,800.06 37,385.49 34,555.47 250,683.46 149,837.66 43,000.00 39,700.20 41,228.00 421,911.67 98,082.00 1,357 ,656.30 389,925.00 56,010.60 126,508.55 150,850.70 46,879.08 43,325.00 175.00 390.97 1,349.99 230.35 911.81 100.00 1,054.00 110.43 785.00 2,525.18 269.38 8,564.91 200.89 29.07 19,388.88 1,033.89 559.19 150.00 161.21 435.82 Page 8of14 Description Ferric Chloride MO 9-27-95 Professional Services 5-49, 5-50, 5-51, 5-52 & P2-47-3 Professional Services P2-80 Professional Services 15-1 & J-101 Joint GWRS Project J-36 Professional Services J-35-1 Sodium Hypochlorite Surveying Services 15-01, 5-51, 5-52, 7-38, 2-41-04, 07-22-1, 7-38 & 7-40 Engineering Services FE05-07 & SP-98 Natural Gas Residuals Removal MO 3-29-95 Odor & Corrosion Control Treatment for Coll. Sys.: Hydrogen Peroxide Construction -Conversion of Wet Scrubber Filter to Biotrickling & H2S Control Maint. Agreement -Grit & Screenings Removal & Digester Bed Mat'I. Removal Outside Laboratory Services Construction 7-36 & 7-41 Construction J-71-3 Construction P1-76 Construction 5-51 & 5-52 Construction SP-2000-26 Construction 6-13-1 & 7-23-1 Construction P1-76, Retention Construction 7-41, Retention Construction 5-52, Retention Lab Parts & Supplies (10) Individual Ergonomic Work Station Evaluations Lab Parts & Supplies Safety Supplies Freight Charges CPR Training & Miscellaneous Supplies Lab Parts & Supplies Human Resources Aquarium Service Outside Laboratory Services Paging Service -Airtime, Service & Equipment Training Supplies Filter Press Parts & Supplies Shower Curtains -Pit. 2 0 & M Operations Center Telephone Service Sodium Bisulfite & Sodium Hydroxide Batteries Lab Parts & Supplies Pest Control Multifunctional Copier/Scanner Overages Lab Equipment Service EXHIBIT A 7/1/2005 .. Vendor; Vendor #1 Warrant No. 32731 30648 86191 33259 193375 131203 91379 38050 123094 30761 102761 82481 38359 54893 12095 61840 39052 69825 97818 39095 57568 36097 35246 37807 181366 35220 131748 11201 15860 58624 39212 176591 39263 60572 12600 116370 191231 81509 125090 11130 153197 79214 11041 151896 87177 32731 30648 86191 33259 193375 131211 91379 17144 123094 30761 102761 82481 12044 36100 12095 12167 12221 69825 97818 17216 72143 32862 35246 80776 181366 35220 131748 11201 15860 15835 17275 176591 11754 60572 12600 116370 191249 81509 125090 11455 153197 79214 11480 151896 87177 72572 72573 72574 72575 72576 72577 72578 72579 72580 72581 72582 72583 72584 72585 72586 72587 72588 72589 72590 72591 72592 72593 72594 72595 72596 72597 72598 72599 72600 72601 72602 72603 72604 72605 72606 72607 72608 72609 72610 72611 72612 72613 72614 72615 72616 Vendor California Auto Collision California Relocation Services, Inc. Cambridge Isotope labs Carl Warren & Co. Armando Castaneda Cingular Wireless City of Buena Park Cole-Parmer Instrument Company Columbia Analytical Services, Inc. Communications Performance Group, Inc. Communications Supply Corp. Computer Protection Technology, Inc. Consolidated Elect. Distributors, Inc. Consolidated Reprographics Consumers Pipe & Supply Co. Cooper Cameron Corporation Corporate Express Corporate Image Maintenance, Inc. County of Orange County Wholesale Electric Co. Cytec Industries CEM Corporation Cetac Technologies, Inc. CH2MHill CS-AMSCO CWEA Dalke & Sons Constructions, Inc. Dapper Tire Co. Del Mar Analytical Dell Direct Sales, LP. Dionex Corporation Docusource, L.L.C. Dunn-Edwards Corporation Dwyer Instruments, Inc. DGA Consultants, Inc. OHL Express (USA), Inc. E & K Scientific Products Eagle Aerial Imaging Ecology Control Industries Electra-Bond, Inc. Employers Group Employers Group Enchanter, Inc. Environmental Control Systems & Products Environmental Engineering & Contracting H:\dept\fin\21 O\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report -06-15-05 fin121onc Claims Paid From 06/01/05 to 06/15/05 Amount 2,175.97 412.50 745.57 438.72 522.50 6,989.70 7,429.00 769.10 270.00 7,030.00 273.14 1,061.47 2,819.27 329.80 2,706.36 3,328.57 13,688.23 336.00 612.17 437.17 23,650.74 82.50 70.00 11,647.87 3,028.34 199.00 5,804.50 630.24 6,611.00 16,913.14 2,973.41 142.24 276.77 283.48 7,892.50 57.54 31.41 563.75 6,481.65 20,984.31 3,675.00 2,500.00 3,500.00 4,974.15 12,000.00 Page 9of14 Description Auto Body Repairs -V-530 Office Files Moving/Relocation Services lab Parts & Supplies Insurance Claims Administrator Reconciliation User Fee Refund Program Wireless Services Reconciliation User Fee Refund Program Mechanical Parts & Supplies Analysis of Wastewater, Industrial Wastewater & Biosolids Professional Services -Ongoing Maintenance of IERP & Related Documents Jumper Cable Computer Maint. Agreement Electrical Parts & Supplies Copier Paper & Supplies Instant Hot Water Heater & Plumbing Parts Mechanical Parts & Supplies Office Supplies Custodial Services Spec. No. 9899-09 Maint. Agreement -Repair/Installation of Base, Handheld & Vehicle Radios Electrical Parts & Supplies Anionic Polymer Spec. No. 9798-18 Instrument Maintenance & Repairs lab Parts & Supplies Professional Services J-40-7 Valves Training Registration Construction J-89 Truck Tires Analysis of Biosolids and Wastewater (16) Personal Computers & Toner Supplies Lab Parts & Supplies Office Supplies Paint Supplies Instrument Parts & Supplies Professional Services -CCTV Data Evaluation & Support Freight Services Lab Parts & Supplies Software Upgrade Hazardous Waste Disposal Repairs & Maint. Serv. -Fusion Bond & Epoxy Coat (13) Ballmer Belt Press Rollers Prof. Serv. -Succession Planning, Career Develp. Asses. & Customized Model Creation On-Site Training -OCSD Supervisor Training Ocean Monitoring & Outfall Inspection & Maintenance Chemicals -Odor Neutralizer Prof. Serv. -OCSD WW Training Course & Audits EXHIBIT A 711/2005 Vendor; Vendor 'h Warrant No. 62025 65218 113873 192428 9970 66667 109022 11877 119343 106235 123473 11922 37655 154683 12052 184743 156620 30605 17021 43967 193244 163555 116214 159687 184751 72637 125410 64371 63221 40002 70623 86676 12853 37647 37735 69201 40660 103384 13223 105451 110251 189376 66940 104408 13426 11543 69631 113881 192428 11682 11800 109022 11877 119343 106235 123481 11922 37655 154683 12052 184743 156638 30605 17021 12491 193244 163555 116214 159687 184751 35060 125428 12685 63221 12706 70623 86676 12853 37647 37735 151175 13688 103384 13223 105451 111325 189376 68558 104408 13426 72617 72618 72619 72620 72621 72622 72623 72624 72625 72626 72627 72628 72629 72630 72631 72632 72633 72634 72635 72636 72637 72638 72639 72640 72641 72642 72643 72644 72645 72646 72647 72648 72649 72650 72651 72652 72653 72654 72655 72656 72657 72658 72659 72660 72661 Vendor Environmental Resource Association Environmental Science Associate (ESA) Excel Door & Gate Company, Inc. Epoleon Corporation FedEx Corporation Fisher Scientific Company, L.L.C. Five Star Metals, Inc. Flo -Systems, Inc. Flow Science, Inc. Foodcraft Coffee & Refreshment Services Forensic Analytical Forkert Engineering & Surveying, Inc. Franklin Covey Frasco Profiles Fry's Electronics Farwest Corrosion Control Co. Geomatrix Consultants, Inc. George Yardley Co. Goldenwest Window Service Grainger, Inc. GrantStation Greenleaf Industries Guarantee Records Management GHD, L.L.C. Global Equipment Co., Inc. Hach c/o Ponton Industries Hagemeyer North America Harrington Industrial Plastics, Inc. Hasco Oil Co., Inc. Hatch & Kirk, Inc. Herman Miller Workplace Resource Hill Brothers Home Depot Hub Auto Supply Hydrotex HOR Engineering, Inc. Industrial Distribution Group lnnerline Engineering Inorganic Ventures, Inc. lntratek Computer, Inc. Iron Mountain Integrated Acoustics J. L. Wingert Company Jack Higgins Jamison Engineering Contractors, Inc. H:\dept\fin\210\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report -06-15-05 fin/210nc Claims Paid From 06/01/05 to 06/15/05 Amount 1,386.50 1,778.65 585.00 2,343.56 176.08 12,142.92 338.10 1,594.20 9,184.24 429.06 75.00 4,475.00 60.93 360.50 902.43 3,573.64 8,018.00 833.45 600.00 1,014.08 599.00 2,960.00 227.01 17,172.00 245.86 1,424.12 1,540.00 2,761.36 331.51 2,497.20 2,524.29 16,586.68 1, 104.53 317.74 2,153.06 5,286.36 2,505.95 12,618.05 1,036.29 6,849.88 182.26 2,850.00 801.56 3,000.00 9,085.06 Page 10of14 Description Lab Parts & Supplies Professional Services J-40-1 O Repair & Maintenance Services Chemicals -Odor Neutralizer Freight Services Lab Parts & Supplies Mechanical Parts & Supplies Pump Parts & Supplies Professional Services -Dry & Wet Weather Flow Modeling Meeting Supplies Asbestos Analyses & Microscopy Surveying Services P2-66 & P1-76 Office Supplies Human Resources Background Checks Computer Supplies Instrument Parts & Supplies Professional Services P1-76 Valves Miscellaneous Cleaning & Maintenance Services Electrical Parts & Supplies Books & Publications Weed Abatement at Plant 1 Off-Site Records Storage Professional Services -Asset Management Program Pop-Up Canopy Lab Parts & Supplies Prescription Safety Glasses Plumbing Supplies Grease Mechanical Parts & Supplies Miscellaneous Office Furniture Chemicals -Odor & Corrosion Control -Newport Trunkline Misc. Repair & Maintenance Material Vehicle Parts & Supplies Lube Oil Professional Services P2-82 Mechanical Parts & Supplies CCTV Videoing of Trunkline Sewers Lab Parts & Supplies Software Upgrade Bid Document Storage P1-37 Misc. Repair & Maintenance -Remove & Replace Ceiling Panels in Admin Bldg. Pump Parts & Supplies On-Site Training-Hiring Top Talent Repairs & Maint. Serv. -Sewage Waste Tank at Boat Yard on Beach & Coast Hghwy. EXHIBIT A 7/1/2005 Vendor ; Vendor II Warrant No. Vendor 13493 13493 72662 Jay's Catering 13557 13557 72663 Johnstone Supply 116732 116732 72664 Gary J. Kemper 121355 121355 72665 Hardat S. Khublall 160936 160936 72666 Kleinfelder, Inc. 67256 67256 72667 Maintenance Superintendents Assoc. 129525 129525 72668 Mayer, Brown, Rowe & Maw, L.L.P. 65066 15325 72669 McJunkin Corporation 122657 122657 72670 McMahan Business Interiors 35668 31077 72671 McMaster-Carr Supply Co. 123561 123561 72672 Michael Asner Consulting 35182 35182 72673 Mid-West Associates 107289 109209 72674 Siemens Energy & Automation 31000 132661 72675 Motion Industries, Inc. 103801 103801 72676 MOS Consulting 66296 66296 72677 MGD Technologies, Inc. 70501 15202 72678 Mine Safety Appliances Company 68591 69024 72679 National Institute of Stds. & Technology 15616 15616 72680 National Plant Services, Inc. 41911 15704 72681 Neal Supply Co. 98511 98511 72682 NetVersant of Southern California 15763 15763 72683 City of Newport Beach 69649 72451 72684 Nextel Communications 15801 15801 72685 The Norco Companies 89607 89607 72686 Nu-Way Laser Engraving 191038 191046 72687 Neutron Products, Inc. 88516 88516 72688 NRG Thermal Services, L.L.C. 129859 129859 72689 0 C Tanner Recognition Company 41953 15886 72690 Office Depot Business Services Div. 82835 133461 72691 OneSource Distributors, Inc. 34024 34024 72692 Operation Technology, Inc. 79716 79716 72693 Orange County Vector Control District 16002 116652 72694 Orange Fluid System Technologies, Inc. 16029 16029 72695 Oxygen Service Company 62130 62130 72696 01 Analytical 12757 64549 72697 P.L. Hawn Company, Inc. 13469 13469 72698 Pacific Mechanical Supply 11501 10891 72699 Pacific Parts & Controls, Inc. 83740 89666 72700 Parker Supply Company 37794 37794 72701 Peak Technologies 3542 3542 72702 William F. Pierce 193383 193383 72703 Popov Engineers, Inc. 33056 33056 72704 Power Electro Supply Co., Inc. 84689 84689 72705 Praxair Distribution, Inc. 78801 78801 72706 Praxair, Inc. H:\dept\fin\210\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report· 06-15-05 fin/21onc Claims Paid From 06/01/05 to 06/15/05 Amount Description 816.92 Meeting Expenses 498.51 Electrical Parts & Supplies 170.00 Meeting/Training Expense Reimbursement 405.00 Meeting/Training Expense Reimbursement 5,819.57 Professional Services J-84 150.00 Training Registration 5,080.00 Professional Services -Strategic Planning & Advocacy 5,812.12 Repairs & Maintenance Serv. -Limitorque Actuator 1,839.94 Miscellaneous Furniture -Lunchroom Chairs 613.86 Mechanical Parts & Supplies 3,500.00 Training Registration 1,676.16 Pump Supplies 1,010.68 Electrical Parts & Supplies 97.29 Motor 2,370.00 Professional Surveying Services 1-2-4 4,750.00 Professional Services -Flow Monitoring of Trunkline 2,888.16 Instrument Parts & Supplies 539.00 Lab Parts & Supplies 24,465.00 Vacuum Truck Services 3,844.37 Plumbing Supplies 2,451.67 CASI-RUSSO Software Protection Plan 84.23 Water Use 876.75 Cellular Phones & Air Time 463.61 Mail Delivery Service 207.48 Steel Tags 3,841.76 Anionic Polymer 856.52 Mechanical Parts & Supplies 677.70 Employee Service Awards Program 1,211.86 Office Supplies 1,853.96 Electrical Parts & Supplies 2,762.11 Software Upgrade & Support 452.13 Pest Control 1,414.92 Plumbing Parts & Supplies 3,281.15 Specialty Gases 385.21 Lab Parts & Supplies 471.82 Electrical Parts & Supplies 5,669.41 Plumbing Supplies 932.04 Electrical Parts & Supplies 4,345.10 Mechanical Parts, Supplies & Repairs 2,539.77 Lab Parts & Supplies 44.50 Meeting/Training Expense Reimbursement 350.00 Training Registration 20.36 Electrical Parts & Supplies 132.25 Demurrage 183.71 Lab Parts & Supplies Page 11of14 EXHIBIT A 7/1/2005 G, Vendor ; Vendor #1 Warrant No. Vendor 78300 78300 72707 Primary Source Office Furnishings, Inc. 122489 122489 72708 Profit Techniques, Inc. 42163 14082 72709 Progressive Business Publications 86617 86617 72710 Project Management Institute 157438 157438 72711 Prudential Overall Supply 123300 123300 72712 PBM IT Solutions 67512 67512 72713 PCS Express, Inc. 162958 162958 72714 PS Tek, L.L.C. 35289 35289 72715 R. W. Beck 10680 10680 72716 Rainbow Disposal Co. 96655 96655 72717 Rees Scientific 34518 69366 72718 Restek Corp. 116513 116513 72719 Ricoh Business System 131836 115844 72720 Robicon Corporation 130155 130155 72721 Royale Cleaners 191062 191062 72722 Rainmaster Irrigation Systems 191206 191214 72723 RD Tech Instruments 11957 11957 72724 RPM Electric Motors 42614 33806 72725 Schenck Trebel 79960 33777 72726 Schwing America, Inc. 42649 12301 72727 Scott Specialty Gases, Inc. 123086 123086 72728 Scottel Voice & Data, Inc. 10938 10938 72729 Shamrock Supply Co., Inc. 193236 193236 72730 Shell Oil Products US, # 3-130 42681 12407 72731 Shureluck Sales & Engineering 34681 16459 72732 Sigma-Aldrich, Inc. 116708 116708 72733 Signature Awards 83512 16230 72734 Smith Pipe & Supply, Inc. 33283 33283 72735 Southern California Edison 130948 130956 72736 Southern Counties Lubricants 16281 16281 72737 Sparkletts 78650 12651 72738 Sparling Instruments, Inc. 35861 35861 72739 Spex Certiprep, Inc. 88719 88719 72740 Stanley Steamer International, Inc. 12722 12722 72741 Summit Steel 16395 16395 72742 Sunset Ford 42809 16424 72743 Sunset Industrial Parts 14189 14189 72744 Super Chem Corporation 31456 31456 72745 Technical Service Group, Inc. 129550 129550 72746 Synegi, Inc. 10081 10081 72747 SBC 167581 167581 72748 SBC Long Distance 183695 183695 72749 SBC/MCI 36767 36767 72750 South Coast Environmental Co. 189616 189616 72751 Systems Solution Company H:\dept\fin\210\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report· 06·15·05 fin121onc Claims Paid From 06/01/05 to 06/15/05 Amount Description 4,530.89 Installation of Work Station at Paint Shop Lunch Room 2,250.00 Professional Services -0 & M Manager Coaching 299.00 Subscription 424.80 Publications 2,593.16 Uniforms & Related Articles 866.00 Cisco SmartNet Maintenance Agreement 33.08 Courier Service 1,797.80 Mechanical Parts & Supplies 407.36 Professional Services FE04-20 2,816.57 Trash Removal 1, 106.60 Lab Instrument Additional Data Inputs 745.14 Lab Parts & Supplies 183.08 Color Copier Lease 879.83 Rubicon Drive Start-Up Services 12.00 Dry Cleaning Services 159.37 Instrument Repairs & Maintenance Services -Remote Transmitter 4,585.50 Instrument Parts, Supplies & Service 2,250.56 Motor Repairs & Parts 530.10 Repairs & Maintenance Service -Electric Balance Machine 208.53 Pump Parts & Supplies 3,366.41 Lab Parts & Supplies 2,284.80 Telephone System Maintenance 3,418.54 Mechanical Parts, Supplies & Cleaner 250.00 Reconciliation User Fee Refund Program 1,871.77 Mechanical Parts & Supplies 872.33 Lab Parts & Supplies 720.85 Bronze Plaque 542.85 Plumbing Parts & Supplies 8,177.19 Power 1,467.56 Engine Oil 1,896.45 Drinking Water/Cooler Rentals 250.00 Semi-Annual Meter Check & Calibration Services 329.55 Lab Parts & Supplies 115.00 Carpet Cleaning Services 3,539.77 Metal 64.07 Auto Parts & Service 143.00 Mechanical Parts & Supplies 358.33 Car Soap Cleaner 1,381.60 SCADA System VAX Service Agreement 3,720.27 Software 1,815.73 Telephone Services 686.04 Long Distance Telephone Services 1,313.01 Telephone Services 17,454.99 Cen Gen Emissions Testing Service 680.00 Repairs & Maintenance Services -Pit. 1 Entrance Card Reader EXHIBIT A Page 12of14 7/1/2005 • Vendor ; Vendor 'II Warrant No. Vendor 64346 66878 72752 Teledyne Electronic Tech. 149913 149913 72753 Tetra Design, Inc. 131182 131174 72754 Thermo Electron Corp. 12790 12790 72755 Thompson Industrial Supply, Inc. 77489 15624 72756 ThyssenKrupp Elevator Corporation 12896 12896 72757 Traffic Control Service, Inc. 65146 30867 72758 Southern California Trane Service 10971 10971 72759 Truck & Auto Supply, Inc. 40301 11762 72760 US Filter Corp. 15579 15579 72761 Ultra Scientific 61495 61495 72762 Underground Service Alert of So. Calif. 12992 12992 72763 The Unisource Corporation 165155 165155 72764 United Pacific Services, Inc. 40256 13039 72765 United Parcel Service 126826 126826 72766 UBS Financial Services, Inc. 33179 69497 72767 US Equipment Co., Inc. 10065 10065 72768 Verizon California 13143 13143 72769 Verne's Plumbing 16601 16601 72770 Vertex Business Systems 33275 33275 72771 Village Nurseries 63546 70375 72772 Vortex Industries, Inc. 40387 13063 72773 VWR Scientific Products Corporation 42913 13186 72774 The Wackenhut Corporation 86140 86140 72775 Water 3 Engineering, Inc. 80039 34753 72776 Waters Corporation 43529 30621 72777 Waxie Sanitary Supply 13274 13274 72778 West-Lite Supply Company, Inc. 121515 129015 72779 Western States Controls 72952 72952 72780 WEF -Registration Dept. 40491 13291 72781 Xerox Corporation 33021 76460 72782 Yokogawa Corp. of America 133102 133102 72783 Akraa Construction 131748 131748 72784 Dalke & Sons Constructions, Inc. 164021 164021 72785 JEM Industries 7739 7739 72786 Wayne W. Aegerter 133516 133516 72787 Richard S. Birdsell 8871 8871 72788 Michael J. Chester 4063 4063 72789 James C. Mullins 3553 3553 72790 David L. Ray 2536 2536 72791 Jane H. Tran 124741 124741 72792 Kienow Associates, Inc. 34905 34905 72793 Local Agency Formation Commission 34905 34905 72794 Local Agency Formation Commission 31691 31691 72795 Orange County Sanitation District Total Accounts Payable ·Warrants H:\dept\fin\210\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report -06-15-05 fin121onc Claims Paid From 06/01/05 to 06/15/05 Amount 176.62 23,286.71 10,791.84 10,223.85 1,388.00 549.52 10,338.00 1,584.39 1,008.45 364.01 1,509.20 425.20 16,467.51 27.16 9,986.88 762.93 831.78 1,930.00 4,243.20 290.92 2,381.33 5,359.58 5,840.46 15,893.36 1,202.65 239.27 229.49 333.94 630.00 108.95 2,839.65 12,531.39 7,085.60 15,580.00 151.15 150.00 565.25 721.66 768.53 735.72 4,258.19 1, 150.00 2,350.00 1,220.34 $ 17,158,169.60 Page 13of14 Description Instrument Parts Professional Services J-88 Pump & Instrument Parts & Supplies Pumps & Mechanical Parts & Supplies Elevator Maintenance Traffic Safety Equipment Electrical Equipment Service Contract Automotive Parts & Supplies Service Agreement -DI Water Systems at Plants 1 & 2 Lab Parts & Supplies Membership -Underground Utility Identification/Notification Service Office Supplies Landscape Maintenance at Plants 1 & 2 and Pump Stations Parcel Services Remarketing Fee -1993 Refunding COP's Filters & Gaskets Telephone Services Service Contract-Testing & Cert. Backflow Devices at Pits. 1 & 2 & Pump Sta. Software License Renewal & Maintenance -Payroll Tax Q Series Solution Landscaping Supplies Door Repair Lab Parts & Supplies Security Guards Engineering Services J-67 Lab Parts & Supplies Janitorial Supplies Electrical Parts & Supplies Electrical Parts & Supplies Training Registration Copier Lease Instrument Supplies Construction SP2001-08 Construction J-89 Construction FEOS-12 & FE05-13 Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Legal Services 1-2-4 Annexation Fee Annexation Fee Petty Cash Reimb. EXHIBIT A 7/1/2005 Vendor; Vendor Ii Warrant No. Vendor Payroll Disbursements 37986 -38095 Employee Paychecks 38096 -38101 Employee Paychecks 112259 -112823 Direct Deposit Statements Total Payroll Disbursements Wire Transfer Payments OCSD Payroll Taxes & Contributions JP Morgan Chase Bank JP Morgan Chase Bank Total Wire Transfer Payments Total Claims Paid 06/01/05 -06/15/05 H:\dept\fin\210\CRANE\FAHR\FAHR2005\JUL Y\Claims Paid Report-06-15-05 fint21onc Claims Paid From 06/01/05 to 06/15/05 Amount $ 162,374.36 1,908.80 1,097,051.16 $ 1,261,334.32 $ 811,775.44 98,244.56 60,459.81 $ 970,479.81 $ 19,389,983.73 Page 14of14 Description Biweekly Payroll 06/08/05 Interim Paychecks & Voided Check 06/08/05 Biweekly Payroll 06/08/05 Biweekly Payroll 06/08/05 May Interest Payment on Series 1993 Certificates of Participation May Societe Generale Payment on 1993 Series Certificates of Participation EXHIBIT A 7/1/2005 o, ·•l Claims Paid From 06/16/05 to 06/30/05 Warrant No. Vendor Accounts Payable -Warrants 72796 Blue Cross of California 72797 Delta Dental 72798 Fortis Benefits Insurance Company 72799 Graybar Electric Company 72800 Kaiser Foundation Health Plan 72801 Labware, Inc. 72802 Science Applications International 72803 Southern California Edison 72804 UBS Financial Services, Inc. 72805 Airgas Safety, Inc. 72806 American Express 72807 Analysts, Inc. 72808 Brithinee Electric 72809 Casual Gourmet 72810 Challen 72811 Court Order 72812 Consolidated Reprographics 72813 Costa Mesa Sanitary District 72814 County of Orange 72815 Court Trustee 72816 CR&R, Inc. 72817 C.S.M.F.0 72818 CWEA 72819 Department of Child Support Services 72820 Eagle Aerial Imaging 72821 Employee Benefits Specialists, Inc. 72822 Employers Group 72823 Court Order 72824 First American Real Estate Solutions 72825 Fisher Scientific Company, L.L.C. 72826 Franchise Tax Board 72827 Franklin Covey 72828 Richard Gallegos 72829 Goldenwest Window Service 72830 Grainger, Inc. 72831 Hach c/o Ponton Industries 72832 Voided Check 72833 Industrial Distribution Group 72834 Internal Revenue Service 72835 Intl. Union of Oper. Eng. AFL-CIO Local 501 72836 Irvine Ranch Water District 72837 Jamison Engineering Contractors. Inc. 72838 Jay's Catering 72839 Kelly Paper 72840 Kennie Kim Fine Art H:\dept\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report -06-30-05 fin/210/lc Amount 349,149.44 58,764.87 27,995.81 25,299.97 64,270.94 25,400.00 34,726.31 31,602.57 37,619.17 451.28 18,469.66 760.28 688.94 72.41 2,075.48 150.00 354.19 9, 192.64 150.00 454.49 2,209.38 800.00 97.00 188.50 8,835.50 10,178.59 500.00 445.00 280.00 107.46 50.00 138.66 100.00 630.00 491.34 21,261.47 463.56 300.00 3,961.62 35.26 2,762.49 195.00 32.95 101.29 Descrf ption Medical Insurance Premium Dental Insurance Plan Long-Term & Short-Term Disability Ins. Premium Software Upgrade -User Proworx32 and Server & User Client Medical Insurance Premium Lab Software Upgrade, Maintenance & Support Ocean Monitoring MO 6-8-94 Power Remarketing Fee -Series 20008 Refunding Certificates of Participation Safety Supplies Purchasing Card Program, Misc. Supplies & Services Oil Test Kit & Analyses Electrical Parts & Supplies Meeting Expenses 7-41 OCSD Hats for Operations & Maintenance Staff Wage Garnishment Printing & Delivery Services Sewer User Fee Reimbursement Per Agreement Wage Garnishment Wage Garnishment Container Rentals Notices & Ads Membership Wage Garnishment Aerials on DVD & (3) Network User License Renewals & Updates Reimbursed Prepaid Employee Medical & Dependent Care On-Site Training -Effective Meeting Training Wage Garnishment On-Line Orange County Property Information Lab Parts & Supplies Wage Garnishment Office Supplies Meeting/Training Expense Reimbursement Maintenance & Misc. Cleaning Services Safety Sign Lab Parts & Supplies Mechanical & Paint Supplies Wage Garnishment Dues Deduction Water Use Professional Services -Field Corrosion Surveys & Yorba Linda Pump Station Meeting Expenses Paper Frame & Replacement Glass for CIP Map Page 1of8 EXHIBITS 7/11/2005 Claims Paid From 06/16/05 to 06/30/05 Warrant No. Vendor 72841 Managed Health Network 72842 MassMutual Michel Financial Group 72843 Marcia Maurer 72844 Mission Uniform Service 72845 Court Order 72846 Motion Industries, Inc. CA 55 72847 National Bond & Trust 72848 National Fire Protection Association 72849 Newport Landing Fuel Dock 72850 Oracle Corporation 72851 OCEA 72852 Pacific Mechanical Supply 72853 Paulus Engineering, Inc. 72854 Peace Officers Council of CA 72855 Pixelpushers, Inc. 72856 Port Supply 72857 Postmaster 72858 Protech Petroleum Services, Inc. 72859 Professional Inspection Equipment 72860 PS Tek, L.L.C. 72861 Reliastar 72862 Santa Ana Watershed Project 72863 Saybolt, L.P. 72864 Science Applications International 72865 Smith Pipe & Supply, Inc. 72866 Court Order 72867 Summit Steel 72868 SAR BS 72869 SBC 72870 SBC/MCI 72871 The Standard Insurance Company 72872 Truck & Auto Supply, Inc. 72873 The Unisource Corporation 72874 United Way 72875 US Airconditioning Distributors, Inc. 72876 Vision Service Plan-(CA) 72877 VWR Scientific Products Corporation 72878 Water Environment Research Foundation 72879 WEF -Registration Dept. 72880 WEFTEC 72881 Xerox Corporation 72882 Court Order 72883 Layne T. Baroldi 72884 Antonino Pira 72885 County of Orange -Auditor Controller 72886 County of Orange -Auditor Controller H:\dept\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05-06\Clalms Paid Report· 06-30-05 fin/210/lc Amount 973.62 299.88 50.63 236.92 225.00 102.52 3,206.34 1,980.00 498.10 728.60 644.86 147.54 23,490.00 1,665.00 5,691.60 113.13 220.00 1,283.43 238.95 1,208.88 8,302.00 10,000.00 790.00 587.80 214.71 721.50 1,399.73 20.00 749.20 980.99 2,417.83 164.81 8,070.84 215.00 66.52 9,924.60 14,065.77 3,000.00 525.00 775.00 240.01 597.50 121.87 1,726.10 570.00 1,365.00 Description Employees Assistance Program Executive Disability Plan Premium Meeting/Training Expense Reimbursement Uniform Rentals Wage Garnishment Motor & Mechanical Parts U.S. Savings Bonds Payroll Deductions Construction Management Division Meeting Registration Maintenance Services -Cleaning & Painting Dinghy at Newport Landing Fuel Dock Software Updates, Maintenance & Support Dues Deduction Freight Charges Construction -Street Repairs to Tum-Lane on PCH at Sewer Manhole Dues Deduction, Supervisors & Professionals Temporary Employment Services Paint Supplies Post Office Box Rental Repair & Maintenance Services -UST Monitor Books & Publications Filter Elements Employee Basic Life & Managers' Insurance Premiums Membership Contribution -Storm Water Quality Task Force in Santa Ana River Basin Lab Parts & Supplies Ocean Monitoring MO 6-8-94 Landscape Irrigation Supplies Wage Garnishment Metal Training Registration Telephone Services Telephone Services Executive Disability Plan Premium Automotive Supplies Office Supplies Employee Contributions Electrical Parts & Supplies Vision Service Premium Instrument Parts & Supplies Professional Services -Fats, Roots, Oil & Grease Study (FROG) Training Registration Planning Division Meeting Registration Copier Lease Wage Garnishment MeetingfTraining Expense Reimbursement MeetingfTraining Expense Reimbursement Administration Fee -Adjustments to Property Tax Bills Administration Fee -Adjustments to Property Tax Bills Page 2 of 8 EXHIBIT B 7/11/2005 Claims Paid From 06/16/05 to 06/30/05 Warrant No. 72887 72888 72889 72890 72891 72892 72893 72894 72895 72896 72897 72898 72899 72900 72901 72902 72903 72904 72905 72906 72907 72908 72909 72910 72911 72912 72913 72914 72915 72916 72917 72918 72919 72920 72921 72922 72923 72924 72925 72926 72927 72928 72929 72930 72931 72932 Vendor Employee Activity Committee Darrell S. Ennis Kienow Associates, Inc. J R Filanc Construction Midway Mfg. & Machining Co. Oracle Corp Orange County Water District Wallingford Software, Inc. OCB Reprographics AKM Consulting Engineers Black & Veatch Corporation Brown & Caldwell California Soil Products Camp Dresser & McKee, Inc. Carollo Engineers Kemiron Companies, Inc. Malcolm Pirnie, Inc. MWH Americas, Inc. Ninyo & Moore Corporate Accounting Occidental Energy Marketing, Inc. Pioneer Americas, Inc. Polydyne, Inc. Sancen Engineering, Inc. Southern California Edison Synagro West, Inc. Tran Consulting Engineers Tule Ranch/Magan Farms U.S. Peroxide, L.L.C. Woodruff, Spradlin & Smart Xerox Corporation J F Shea Construction, Inc. J R Filanc Construction Margate Construction, Inc. Morrow-Meadows Corp. Southern Contracting Company Torrey Pines Bank Aanderaa Instruments Abatix Environmental Corp. Accounting Options, Inc. Adamson Industries Advance Business Graphics Agilent Technologies, Inc. Filter Supply Company Airgas Safety, Inc. Alta-Robbins, Inc. American Fildelity Assurance Company H:\dept\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report· 06-30-05 fin/210nc Amount 240.00 2,298.22 537.50 34,056.00 31,710.83 73,355.96 4,944,977 .86 50,562.18 12,325.72 53,019.64 485,210.76 465,700.58 101,596.96 89,980.69 126,285.72 116,311.66 507,230.68 117,541.42 30,650.50 145,718.82 255,125.26 44,248.45 29,170.00 144,087.42 353,586.68 66,796.98 276,961.97 237,386.48 96,657.89 39,424.66 4,275,028.81 489,096.00 209,893.90 203,302.00 89,164.00 54,344.00 5,000.00 332.77 4,023.00 2,053.29 214.68 81.84 146.37 3,319.10 376.10 254.90 Description Service Award Expense Employee Computer Loan Program Legal Services 1-2-4 Repairs & Maintenance Services -Scrubber 5 -8 Drain Repairs Remanufacture Gas Aflercooler Computer Maintenance, Support, Materials & Supplies -Enterprise One Joint GWRS Project J-36 Server Software, Maintenance & Support J-101 Printing Service -MO 1/26/00 Professional Services -Part-Time Dig Alert Technician 7-36, 7-39 & 7-41 Engineering Services J-79-1, J-102 & 5-58 Professional Services P2-90, P2-91, P1-37 & Notices & Ads Residuals Removal MO 3-29-95 Engineering Service J-71-8 Professional Services P2-66 & P2-60 Ferric Chloride MO 9-27-95 Professional Services P2-80, J-79 & 11-26 Professional Services P2-74 & J-101 Prof. Serv. -Materials Testing, lnspec. & Geo. Engrg., 7-41, 7-39 & City of Placentia Corp. Yard Natural Gas for CenGen/CoGen Sodium Hypochlorite Cationic Polymer MO 3-11-92 Construction -Manhole Rehabilitation Program Power Residuals Removal MO 3-29-95 Engineering Services 7-21 Residuals Removal MO 3-29-95 Odor & Corrosion Control Treatment for Coll. Sys.; Hydrogen Peroxide Legal Services MO 7-26-95 Xerox DocuColor Copier, Set-Up & Training and Overages for Xerox Contract Construction J-77 & J-35-1 Construction P1-76 Construction P1-37 & J-67 Construction P2-4 7-3 & FE03-24 Construction J-33-1 Construction P1-76, Retention Manufacturer Set-Up & Deployment of Monitoring Buoy Hardware Temporary Employment Services Lab Parts & Supplies Printing Services -Business Cards Lab Parts & Supplies Filters Safety Supplies Instrument Supplies Employee Cancer Insurance Page 3 of 8 EXHIBITS 7/11/2005 Claims Paid From 06/16/05 to 06/30/05 Warrant No. 72933 72934 72935 72936 72937 72938 72939 72940 72941 72942 72943 72944 72945 72946 72947 72948 72949 72950 72951 72952 72953 72954 72955 72956 72957 72958 72959 72960 72961 72962 72963 72964 72965 72966 72967 72968 72969 72970 72971 72972 72973 72974 72975 72976 72977 72978 Vendor American Water Works Assoc./Water Qualty Ashbrook Corporation Awards & Trophies Company AllM International AT Products Corp. American Telephone & Telegraph Corp. Basic Chemical Solutions, L.L.C. Battery Specialties BioMerieux Vitek, Inc. Thomas M. Blanda Battery Technology, Inc. BC Wire Rope & Rigging BMC: Business Machines Consultants, Inc. California Relocation Services, Inc. Calpico. Inc. Calply Cameron Welding Supply Cardlock Fuel Systems, Inc. Cingular Wireless Coast Fire Equipment Cole-Parmer Instrument Company Columbia Analytical Services, Inc. Communications Performance Group, Inc. Consolidated Elect. Distributors, Inc. Consolidated Plastics Company Cooper Cameron Corporation Corporate Express Culligan of Orange County CAPIO: Calif Assoc of Public Info Offcls CH2MHill Coast Plumbing College of Performance Management Controlled Motion Solutions CRG Marine Laboratories, Inc. David's Tree Service Dell Computer Detection Instruments Corporation Craig 0. Dunn Empire Scales, Inc. Enchanter, Inc. ENS Resources, Inc. FedEx Corporation Fisher Scientific Foodcraft Coffee & Refreshment Services Fountain Valley Paints, Inc. Fountain Valley Rancho Hand Wash H:\dept\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report • 06-30-05 fin/21onc Amount 455.40 12,393.57 29.00 125.00 2,557.26 24.65 12,315.54 731.20 485.94 114.00 484.88 4,843.37 326.09 506.25 357.95 194.32 55.17 10,291.68 6,249.68 626.70 310.76 600.00 4,940.00 3,386.24 1,235.67 1,150.65 2,802.77 42.80 175.00 7,454.34 1,356.00 650.00 98.50 750.00 1,400.00 4,634.99 725.00 190.00 285.25 1,800.00 10,000.00 90.38 5, 141.38 493.02 214.38 840.25 Description Books & Publications Upper Wash Box Assemblies/Racks & Misc. Parts & Supplies Awards & Trophies Membership Chemicals Telephone Service Sodium Bisulfite & Sodium Hydroxide Batteries Lab Parts & Supplies Meeting/Training Expense Reimbursement Telephone UPS Battery Testing Mechanical Parts, Supplies & Service Multifunctional Copier/Scanner Maintenance & Supplies Office Files Moving/Relocation Services Mechanical Parts & Supplies Ceiling Panels Welding Supplies Fueling District Vehicles at Local Gas Stations Wireless Services Annual Fire Extinguisher Inspection & Servicing at Pits. 1 & 2 and Pump Stations Mechanical Parts & Supplies Analysis of Wastewater, Industrial Wastewater & Biosolids Professional Services -0 & M Manual, Standards & Procedures Electrical Parts & Supplies Lab Parts & Supplies Engine Supplies Office Supplies Maint. Agreement -Cen Gen Water Softener System Membership Professional Services J-40-7 Cleaning & Maintenance Services -Cleaning Parallel Lines & Servicing Gas Flaps Training Registration Electrical Parts & Supplies Outside Lab Services Tree Maint. Service (6) Monitors & (20) Toner Cartridges Software Meeting/Training Expense Reimbursement Scale Repair Ocean Monitoring & Outfall Inspection & Maintenance Professional Services -Legislative Advocate Freight Services Lab Parts & Supplies Meeting Supplies Paint Supplies Truck Wash Tickets or Gasoline Page 4of8 EXHIBITS 7111/2005 Claims Paid From 06/16/05 to 06/30/05 Warrant No. Vendor 72979 Franklin Covey 72980 Frost Engineering Service Co. 72981 Fry's Electronics 72982 Garratt-Callahan Company 72983 Geomatrix Consultants, Inc. 72984 George T. Hall 72985 George Yardley Co. 72986 Gierlich-Mitchell, Inc. 72987 Goldenwest Window Service 72988 Grainger, Inc. 72989 Great Western Sanitary Supplies 72990 Governmental Accounting Standards Board 72991 GE Infrastructure Sensing 72992 Hach c/o Ponton Industries 72993 Harold Primrose Ice 72994 Harrington Industrial Plastics, Inc. 72995 Hill Brothers 72996 Home Depot 72997 Hope Health/IHAC 72998 Horizon Technology 72999 Lina Hsiao 73000 Hub Auto Supply 73001 HWA Sales 73002 Industrial Distribution Group 73003 Industrial Metal Supply 73004 Inorganic Ventures, Inc. 73005 Interstate Batteries of Cal Coast 73006 lntratek Computer, Inc. 73007 J.G. Tucker and Son, Inc. 73008 Jamison Engineering Contractors, Inc. 73009 Jay's Catering 73010 Jensen Instrument Co. 73011 John Kavoklis 73012 Key Instruments 73013 Klee Associates. Inc. 73014 Kennie Kim Fine Art 73015 Krohne, Inc. 73016 Lee & Ro, Inc. 73017 Lexis-Nexis 73018 Lucci's Gourmet Foods, Inc. 73019 LINJER 73020 Manley's Boiler. Inc. 73021 McJunkin Corporation 73022 McElroy, Tomm 73023 McMaster-Carr Supply Co. 73024 Mid-West Associates H:\dept\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report -06-30-05 fin/210/lc Amount 305.37 1,972.07 71.63 2,888.23 18,893.35 306.06 299.55 210.93 110.00 2,971.26 366.88 155.00 3,758.44 589.77 55.50 1,243.80 20,892.00 1,000.25 535.31 168.72 200.00 467.52 2,732.54 4,108.91 907.59 234.06 527.41 420.00 1,301.38 18,034.14 1,167.80 1,773.19 190.00 153.75 2,380.00 74.35 717.49 9,669.90 0.22 230.95 5,074.36 494.76 2,192.84 54.50 2,268.96 12,283.74 Description Office Supplies Mechanical Parts & Supplies Computer Supplies Chemicals Soils, Concrete & Other Materials Testing Actuator Instrument Parts & Supplies Mechanical Parts & Supplies Weed Abatement Mechanical Parts & Supplies Janitorial Supplies Publication Flow Meter Chemicals Ice For Samples Plumbing Supplies Chemicals -Odor & Corrosion Control -Newport Trunkline Misc. Repair & Maintenance Material Books & Publications Lab Parts & Supplies Meeting/Training Expense Reimbursement Vehicle Parts & Supplies Computer Hardware/Software -Board Interface Mechanical Parts & Supplies Metal Lab Parts & Supplies Batteries for Vehicles & Carts Network & Server Maintenance Repairs & Maintenance Services -Gas Generator Repairs & Maintenance Services -Remove, Repair, Replace (2) Gate Frames & Gate Meeting Expenses · Instrument Parts & Supplies Meeting/Training Expense Reimbursement Flow Meters Training Registration Picture Framing Indicator Glass Professional Services FE05-20 Books & Publications Meeting Expense Professional Service -DART MO 9-22-99 Boiler Parts & Supplies Repairs & Maint. -Limitorque Gearbox Installation Meeting/Training Expense Reimbursement Mechanical Parts & Supplies Mechanical Parts & Supplies Page 5 of 8 EXHIBIT B 7111/2005 Claims Paid From 06/16/05 to 06/30/05 Warrant No. 73025 73026 73027 73028 73029 73030 73031 73032 73033 73034 73035 73036 73037 73038 73039 73040 73041 73042 73043 73044 73045 73046 73047 73048 73049 73050 73051 73052 73053 73054 73055 73056 73057 73058 73059 73060 73061 73062 73063 73064 73065 73066 73067 73068 73069 73070 Vendor Milltronics c/o RMB Engineering Mission Abrasive & Janitorial Supplies Mission Uniform Service Motion Industries, Inc. CA 55 MVA ARCHITECTS Nahabit & Associates, Inc. Neal Supply Co. City of Newport Beach Office Depot Business Services Div. OneSource Distributors, Inc. Orange Courier Oreo Construction Supply Oxygen Service Company P.L. Hawn Company, Inc. Pacific Mechanical Supply Parker Supply Company Partners Consulting Services Pixelpushers, Inc. Power Electro Supply Co., Inc. Pre-Paid Legal Services, Inc. Primary Source Office Furnishings, Inc. Procurement Services Associates Prudential Overall Supply Pumping Solutions, Inc. PCG Industries PFT/Alexander Service, Inc. Rainin Instrument, L.L.C. Raney Industries Rees Scientific Reliastar Bankers Security Life Ins. Rockwell Engineering & Equipment Co. Royale Cleaners RBF Engineers RPM Electric Motors RSA Sutter Soil Products RTM Lighting & Electronics, Inc. Safety-Kleen Seavisual Consulting, Inc. Shureluck Sales & Engineering Sigma-Aldrich, Inc. Skalar, Inc. Smith Pipe & Supply, Inc. Smith-Emery Company Southern California Edison Spex Certiprep, Inc. Stanley Steamer International, Inc. H:\dept\fin\EXCEL.dla\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report -06-30-05 fin/210/lc Amount 4,368.21 166.37 40.94 3, 162.91 4,990.00 445.00 61.96 53.35 1,459.19 544.61 15.58 196.59 4,175.77 38.40 4,103.74 2,616.36 10,560.00 14,090.00 20.36 463.45 4,236.74 13,888.00 3,187.31 4,436.80 325.00 5,246.13 119.83 2,130.00 4,686.03 11,038.75 6,869.55 6.00 23,091.18 2,241.85 1,575.84 987.22 573.57 3,421.58 906.27 38.89 561.30 562.45 2,831.49 30.88 216.39 256.50 Description Instrument Parts & Supplies Janitorial Supplies Uniform Rentals Motor & Parts Prof. Services -Identify Suitable Locations for North Co. Yard Facility Training Registration Plumbing Supplies Water Use Office Supplies Electrical Parts & Supplies Courier Services Marking Paint Specialty Gases Electrical Parts & Supplies Plumbing Supplies Mechanical Parts & Supplies Consulting Services -FIS Help Desk Support Temporary Employment Services Electrical Parts & Supplies Employee Legal Service Insurance Premium Office Furniture Temporary Employment Services Uniforms & Related Articles Pump Repair & Maintenance Services -High Rate Mixer Pump Shaft Instrument Supplies Lab Parts & Supplies Repairs & Maintenance Services -Upper & Lower Drain Pan Tray Lab Parts & Supplies Employee Life Ins. Premium, Short-Term Disability & Cancer Ins. Payroll Deductions Vaughan Chopper Pumps Dry Cleaning Services Engineering Services 2-24-1 Motor Repairs & Parts Soil Materials Electrical Parts & Supplies Parts Washer Lease & Service Professional Services -Offshore Ocean Currents Monitoring & Reporting Program Mechanical Parts & Supplies Lab Parts & Supplies Lab Parts & Supplies Plumbing Supplies Professional Services J-77 Power Lab Parts & Supplies Carpet Cleaning Services Page 6of8 EXHIBITS 7/11/2005 Claims Paid From 06/16/05 to 06/30/05 Warrant No. Vendor 73071 Stockstill Communications 73072 Summit Steel 73073 Sunset Ford 73074 Sunset Industrial Parts 73075 Super Chem Corporation 73076 Surveyor Services 73077 SAR BS 73078 SBC 73079 SBC Long Distance 73080 SBC/MCI 73081 SKC-West, Inc. 73082 Skedco, Inc. 73083 SPEC Services, Inc. 73084 SWRCB Accounting Office 73085 T echno Coatings 73086 T erminix International 73087 The Walking Man, Inc. 73088 Rand McNally Map & Travel Stores 73089 Thompson Industrial Supply, Inc. 73090 ThyssenKrupp Elevator Corporation 73091 Times Community News 73092 Tony's Lock & Safe Service & Sales 73093 Traffic Control Service, Inc. 73094 Training 73095 Truck & Auto Supply, Inc. 73096 TEKsystems 73097 Testa, Inc. 73098 Tripac Fasteners 73099 TSCM Corporation 73100 Ultra Scientific 73101 United Pacific Services, Inc. 73102 United Parcel Service 73103 Vapex, Inc. 73104 Verizon California 73105 Verne's Plumbing 73106 Vortex Corp. 73107 VWR Scientific Products 73108 Waco Filter 73109 Waxie Sanitary Supply 73110 West-Lite Supply Company, Inc. 73111 Walter W. Williams 73112 WEF 73113 WEFTEC 73114 Yale/Chase Materials Handling Inc. 73115 California Bank & Trust 73116 Lisa Arosteguy H:\depl\fin\EXCEL.dla\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report -06-30-05 fin/210flc Amount 5,000.00 729.35 745.41 290.58 519.95 153.40 45.00 1,315.26 1,743.85 2,793.66 1,617.46 431.50 18,686.93 498.00 4,855.00 3, 145.00 525.00 9,923.78 2,771.75 1,280.00 131.25 72.00 302.78 139.00 47.00 11,740.00 517.00 867.69 1,700.00 100.50 9,787.00 1,460.44 1,277.00 80.19 75.00 929.95 4,061.97 2,235.59 245.78 13.32 44.50 354.00 525.00 202.33 4,693.00 386.80 Description Professional Services SP-105 Metal Auto Parts & Service Mechanical Parts & Supplies Chemicals Office Supplies Training Registration Telephone Services Long Distance Telephone Services Telephone Services Lab Parts & Supplies Safety Supplies Engineering Services J-33-1 Annual Storm Water Permit Fees 1-2-4 Painting Services -Cen-Gen Piping Pest Control Public Notice Printing & Mailing Services Various Projects Database LicensefTechnical Support-GIS Database Mechanical Parts & Supplies Elevator Maintenance Notices & Ads Locks & Keys Traffic Safety Equipment Rental Subscription Automotive Supplies Temporary Employment Services Instrument Parts & Supplies Mechanical Parts & Supplies Street Sweeping at Pit. 1 Roads & Parking Lots Lab Parts & Supplies Landscape Maintenance -Cleaning Planter Areas Parcel Services Instrument Parts & Supplies Telephone Services Service Contract -Testing & Cert. Backflow Devices at Pits. 1 & 2 & Pump Sta. Door Repair Lab Parts & Supplies Filter Elements Janitorial Supplies Electrical Parts & Supplies MeetingfTraining Expense Reimbursement Membership -Water Environment Federation Training Registration Instrument Parts & Supplies Construction J-33-1, Retention MeetingfTraining Expense Reimbursement Page 7 of 8 EXHIBITS 7111/2005 Warrant No. 73117 73118 73119 73120 73121 73122 73123 73124 73125 73126 73127 73128 Vendor Karen I. Baroldi Layne T. Baroldi Thomas M. Blanda Michelle R. Hetherington Michael J. Mengel Adam A. Nazaroff George L. Robertson Lillie A. Sullivan Michael von Winckelmann Michael I. Zedek Larry Gibson & Dell Marketing Orange County Sanitation District Total Accounts Payable ·Warrants Payroll Disbursements 38102 -38193 Employee Paychecks 38194 -38202 Employee Paychecks 112824 -113381 Direct Deposit Statements Total Payroll Disbursements Wire Transfer Payments OCSD Payroll Taxes & Contributions U.S. Bank Total Wire Transfer Payments Total Claims Paid 06/16/05 • 06/30/05 Claims Paid From 06/16/05 to 06/30/05 Amount 96.00 226.40 236.90 252.44 113.37 420.40 177.00 111.18 603.12 352.40 1,025.10 1,608.23 $15,599,528.91 $ 161,577.09 9,505.25 1, 149,529.24 $ 1,320,611.58 $ 832,984.03 368,323.21 $ 1,201,307.24 $18,121,447.73 Description Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Employee Computer Loan Program Petty Cash Reimb. Biweekly Payroll 06/22/05 Interim Paychecks 06/16/05 & 06/28/05 Biweekly Payroll 06/22/05 Biweekly Payroll 6/22/05 June Interest Payment for Series 2000, A & B Certificates of Participation H:\dept\fin\EXCEL.dla\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report -06-30·05 fin/210nc Page 8 of 8 EXHIBITS 7111/2005 ,, Orange County Sanitation District MINUTES SPECIAL BOARD MEETING July 20, 2005 ADMINISTRATIVE OFFICES 10844 ELLIS AVENUE FOUNTAIN VALLEY, CALIFORNIA 92708-7018 ' , 'tJ Minutes for Board Meeting Page2 .J-07120105 ROLL CALL A regular meeting of the Board of Directors of the Orange County Sanitation District was held on July 20, 2005 at 8:45 p.m., in the District's Administrative Offices. The roll was called and the Secretary reported a quorum present as follows: ACTIVE DIRECTORS ALTERNATE DIRECTORS x Steve Anderson, Chair Steve Simonian James M. Ferryman, Vice Chair x Arlene Schafer x Don Bankhead Leland Wilson x Carolyn Cavecche Steve Ambriz x Alberta Christy Mike Garcia x Larry Crandall John Collins x Bill Dalton Bruce Broadwater x Doug Davert Tony Kawashima x Harry Dotson David Shawver x Michael Duvall Keri Lynn Wilson x Norman Eckenrode Constance Underhill x Richard Freschi Patricia Bortle x Jill Hardy Debbie Cook x Sukhee Kang Steven Choi x Phil Luebben Lydia Sondhi x Patsy Marshall Jim Dow x Darryl Miller Douglas Reinhart x Roy Moore John Beauman x Joy Neugebauer Vivian Kirkpatrick-Pilger x Ken Parker Catherine Driscoll x Tod Ridgeway Don Webb x Harry Sidhu Bob Hernandez x Jim Silva Lou Correa x Mark Waldman Ralph Rodriguez x Charles Antos Paul Yost STAFF MEMBERS PRESENT: Blake P. Anderson, General Manager; Penny Kyle, Board Secretary; Nick Arhontes; Carol Beekman; Bob Ghirelli; Jim Herberg; Dave Ludwin; Patrick Miles; Lisa Tomko; Mike White ;Jim Burror; Lilia Kovac; Rose Marsella; Jeff Reed; Layne Baroldi; Corina Chaudhry; Gail Cain; Rob Thompson; Simon Watson; Jennifer Cabral; Daisy Covarrubias; Sonja Morgan; Gail Garret; Mike Puccio; Michelle Farmer; Kelly Christensen; Roy English; Peter Hass; Mike Herrera; Pinky Burke; Bob Bell; John Swindler; Marc Dubois; Sam Mowbray; Charles McGee; Judy Bucher; Kim Erickson; Bushra Pope; Andrew Nau; Cherie Leisten; Bill Lloyd Minutes for Board Meeting Page3 07/20/05 OTHERS PRESENT: Brad Hogin, General Counsel; Don Hughes; Giovanna Piazza; Gail Piazza; Kevin Bolin; Teri Sforza; Mark Miller; Dan Worthington; Bob Vilker; Wes Bannister; Kira Erquiaga; Terry Knapper; Wallace Walrod; Stephen Weisberg; Jack Skinner; Nancy Skinner PUBLIC COMMENTS Public comments were made on behalf of General Manager Blake Anderson by: Nancy Skinner; John Skinner; Stephen Weisberg; Wallace Walrod; Wes Bannister; Sam Mowbray; Corina Chaudhry; and Charles McGee. Statements were made about Mr. Anderson's character, strong leadership, high level of professionalism, and good stewardship, resulting in an effective, efficient and reliable service operation to the benefit of the public. REPORT OF THE CHAIR Chair Steve Anderson had no report. REPORTOFTHEGENERALMANAGER Blake Anderson, General Manager, expressed his regret at the unfortunate chain of events which caused much disruption since the news editorial. Mr. Anderson stated that he accepted responsibility for the limited reporting on the Dharma Consulting contract. At the request of Chair Steve Anderson, he had submitted his conditional resignation to the Board. He stated he would resign if less than two-thirds of the Board supported his performance as General Manager, he would resign his position. He further stated that he hoped to be a part of the Sanitation District's future, but would respectfully accept whatever decision the Board of Directors would make. REPORT OF THE GENERAL COUNSEL Brad Hogin, General Counsel, had no report. NON-CONSENT CALENDAR 8. Public Employee Employment, Evaluation of Performance, Discipline, and/or Dismissal: General Manager CONVENE IN CLOSED SESSION PURSUANT TO GOVERNMENT CODE SECTION 54957: The Board convened in closed session at 9: 14 p.m. pursuant to Government Code Section 54957 to consider Item No. 8(c)(1). RECONVENE IN REGULAR SESSION: The Board reconvened in regular session at 11:45 p.m. ' <J Minutes for Board Meeting Page4 07120105 General Counsel reported to the public of the actions taken during closed session, as follows: On Agenda Item 8( c )( 1 ), the Board of Directors adopted a motion as follows: (1) the Board of Directors does not accept the resignation submitted by Blake Anderson, General Manager; (2) an Ad Hoc Committee for General Manager's Evaluation will be created to continue evaluation of the General Manager's performance for six months; and (3) an audit of the Dharma consulting contract will be conducted. Directors Anderson, Bankhead, Eckenrode and Sidhu opposed the Motion; all other Directors present voted yes. ADJOURNMENT: The Chair declared the meeting adjourned at 11 :47 p.m. ilcP .·A. Penny M. K Secretary to e Board of rectors of Orange County Sanitation District H:\dept\agenda\Board Minutes\2005 Board Minutes\072005 Special Meeting minutes.doc -. BOARD OF DIRECTORS AGENDA REPORT Orange County Sanitation District FROM: Michael D. White, Acting Director of Finance!Treasurer Originator: Lenora Crane, Executive Assistant Meeting Date To Bel. of Dir. 08/24/05 Item Number Item Number 8 SUBJECT: PAYMENT OF CLAIMS OF THE ORANGE COUNTY SANITATION DISTRICT GENERAL MANAGER'S RECOMMENDATION Ratify Payment of Claims of the District by Roll Call Vote. CONFLICT OF INTEREST NOTIFICATION Pursuant to Government Code Section 84308, you are require d to disclose any campaign contribution greater than $250 received in the past twelve months from any party to a contract involving the Orange County Sanitation Distri ct. Further, you may not participate in the decision making process to award a contract to such party. For reference, you are directed to the Register of Warrants as to all current contractors/vendors with the District. In general, you must disclose the basis of the conflict by identifying the name of the fi rm or individual who was the contributor. For the specifics of Government Code Section 84308, please see your Director's Handbook or call th e office of General Counsel. SUMMARY See attached listing. PRIOR COMMITTEE/BOARD ACTIONS N/A ATTACHMENTS 1. Copies of Claims Paid reports from 07/01/05 to 07/15/05 and 07/16/05 to 07/31/05 H:\dept\agenda\Board Agenda Reports\2005 Board Agenda & Agenda Reports\0805\ltem 8.Claims Paid.doc Revised: 06/04/03 Claims Paid From 07/01/05 to 07/15/05 Warrant No. Vendor Accounts Payable -Warrants 73129 Driver Alliant Insurance Service, Inc. 73130 NRG Thermal Services, L.L.C. 73131 J F Shea Construction, Inc. 73132 Aurora Pictures, Inc. 73133 California Utility Equipment 73134 Compressor Components of California 73135 Costa Mesa Sanitary District 73136 County of Orange -Auditor Controller 73137 County of Orange -Auditor Controller 73138 County of Orange -Auditor Controller 73139 County of Orange -Auditor Controller 73140 County of Orange -Auditor Controller 73141 County of Orange -Auditor Controller 73142 County of Orange -Auditor Controller 73143 County of Orange -Auditor Controller 73144 CEM Corporation 73145 CWEA Membership 73146 Ors. Foster & Smith, Inc. 73147 DTSC (Dept. of Toxic Substances Control) 73148 Harrington Industrial Plastics, Inc. 73149 Voided Check 73150 I. D. Industries, Inc. 73151 Jamison Engineering Contractors, Inc. 73152 Midway Mfg. & Machining Co. 73153 Nextel Communications 73154 Public Resources Advisory Group 73155 Roto Rooter -N.O.C. #11 73156 RMS Engineering & Design, Inc. 73157 Scientific Refrigeration 73158 SARBS 73159 Schock Boats 73160 SCWMF 73161 The JG Press, Inc. 73162 Townsend Public Affairs 73163 Ultra Wheel Company 73164 United Pacific Services, Inc. 73165 Vortex Industries, Inc. 73166 The Wackenhut Corporation 73167 WEFTEC 73168 James W. Silva 73169 Leandra P. Catacutan 73170 Robert G. Kizanis 73171 Jeffrey L. Peterson 73172 PRSA-Orange County Chapter 73173 Court Order 7317 4 County of Orange H:\depl\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report • 07 -15-05 fint21onc $ Amount 408,329.63 165,537.48 235,742.50 850.00 1,238.91 3,950.00 2,684.94 10,142.00 857.50 385.00 105.00 1,190.00 1,575.00 280.00 69.00 575.00 97.00 111.09 660.00 9,848.15 316.57 984.00 10,681.39 871.02 6,000.00 642.25 550.84 2,821.67 290.00 9,758.24 25.00 129.00 5,000.00 5,033.56 900.00 733.00 13,970.45 1,910.00 310.00 59.50 130.00 54.50 62.00 150.00 150.00 Description Excess Municipal Liability Insurance Professional Services J-79 Construction J-71-3, Retention Safety Video Mechanical Parts & Supplies Repairs & Maintenance Services -(58) lgnitors Sewer User Fee for OCSD Transfer of Sewers Encroachment Permits 7-36 Encroachment Permits 7-41 Encroachment Permits 7-41 Encroachment Permits 7-39 Encroachment Permits 7-36 Encroachment Permits 7-41 Encroachment Permits 7-39 Encroachment Permits 07-22-1 Lab Equipment Service -Microwave Digestion Systems Membership (Calif. Water Environment Assoc.) Lab Parts & Supplies Hazardous Waste Disposal Fee Plumbing Supplies Mechanical Parts & Supplies Repair & Maintenance Services -Concrete Repairs Mechanical Parts & Supplies Cellular Phones & Air Time Financial Advisory Services Maintenance Services -Unplugging Drains at Primary Scrubbers Professional Services -Monorail Crane System at Central Power Gen. Building Refrigerator Repair Training Registration Boat Tender, Boat Trailer & Motor Membership (Southern Calif. Waste Management Forum) Books & Publications Legislative & Executive Advocate for Grant Funding Reconciliation User Fee Refund Program Landscape Maintenance at Slater Pump Station Door Repair Security Guards Environmental Compliance Services Division Meeting Registration (Water Envirn. Fed.) Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Public Affairs Administration Division Meeting Registration (Public Reis. Soc. of Amer.) Wage Garnishment Wage Garnishment Page 1of7 EXHIBIT A 8/1/2005 Claims Paid From 07/01/05 to 07/15/05 Warrant No. Vendor 73175 Court Trustee 73176 Department of Child Support Services 73177 Employee Benefits Specialists, Inc. 73178 Court Order 73179 Franchise Tax Board 73180 Internal Revenue Service 73181 Intl. Union. of Oper. Eng. AFL-CIO Local 501 73182 Court Order 73183 National Bond & Trust 73184 OCEA 73185 Peace Officers Council of CA 73186 Court Order 73187 United Way 73188 Court Order 73189 Mark S. Roberts 73190 City of Huntington Beach 73191 American Express 73192 ADS Environmental Services, Inc. 73193 Basic Chemical Solutions 73194 Black & Veatch Corporation 73195 Brown & Caldwell 73196 Bush & Associates, Inc. 73197 CPEIA 73198 Driver Alliant Insurance Service, Inc. 73199 Earth Tech, Inc. 73200 Environmental Engineering & Contracting 73201 Fluor Enterprises, Inc. 73202 Geomatrix Consultants, Inc. 73203 Insight Investments 73204 IPMC c/o Parsons 73205 Kemiron Companies, Inc. 73206 MWH Americas, Inc. 73207 Orange County Water District 73208 Pioneer Americas, Inc. 73209 Plumbers Depot, Inc. 73210 Polydyne, Inc. 73211 SoftChoice Corp. 73212 Southern California Edison 73213 Tula Ranch/Magan Farms 73214 U.S. Metro Group, Inc. 73215 ARB, Inc. 73216 Kiewit Pacific Co. 73217 Steve P Rados, Inc. 73218 Union Bank of California 73219 A-1 Fence Company (A-1 Enterprises, Inc.) 73220 Absolute Standards, Inc. 73221 AccuStandard, Inc. H:\dept\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report-07-15-05 fin121onc Amount 454.49 188.50 9,622.66 445.00 50.00 300.00 3,960.06 225.00 3,206.34 654.11 1,656.00 721.50 215.00 597.50 164.00 2,402.00 36,960.42 27,525.00 34,769.86 270,924.42 27,396.78 45,996.00 205,721.00 610,281.00 107,863.29 93,103.15 85,120.41 29,331.15 32,785.50 1,047,788.00 106,183.65 38,831.89 88,310.56 160,904.87 47,126.62 98,224.18 33,329.34 57,117.93 269,396.39 29,322.50 343,208.80 189,270.00 25,427.70 36,398.20 2,467.00 75.00 211.56 Description Wage Garnishment Wage Garnishment Reimbursed Prepaid Employee Medical & Dependent Care Wage Garnishment Wage Garnishment Wage Garnishment Dues Deduction Wage Garnishment U.S. Savings Bonds Payroll Deductions Dues Deduction Dues Deduction, Supervisors & Professionals Wage Garnishment Employee Contributions Wage Garnishment Meeting/Training Expense Reimbursement Permit Fee -P2-66 Purchasing Card Program, Misc. Supplies & Services Professional Services J-73-2 Sodium Bisulfite & Sodium Hydroxide Engineering Services P1-76 & J-102 Professional Services CMOM/WDR Professional Services 7-36 & 7-41 Excess Workers' Compensation Insurance (CA Public Entity Insurance Authority) All Risk Property & Fire Insurance Professional Services P1-100 Professional Services -Fats, Oil & Grease (FOG) Study Engineering Services J-84 Soils, Concrete & Other Materials Testing Computer/Hardware -Network Hardware Engrg. Services -Integrated Program/Project Mgmt., Temporary Staffing, Mat'ls. & Supplies Ferric Chloride MO 9-27-95 Professional Services P2-74 Green Acres Project (GAP) Sodium Hypochlorite Color Closed Circuit Television Video Pipeline Inspection System Cationic Polymer MO 3-11-92 Annual Software Services Power Residuals Removal MO 3-29-95 Janitorial & Floor Maintenance at Plants 1 & 2 Construction 7-41 Construction 5-51 & 5-52 Construction 1-2-4 Construction 7-41, Retention & 7-36, Retention Chain Link Fence Lab Parts & Supplies Lab Parts & Supplies Page 2of7 EXHIBIT A 81112005 < Claims Paid From 07/01/05 to 07/15/05 Warrant No. Vendor 73222 Ace Ergonomics 73223 Advance Business Graphics 73224 Agilent Technologies, Inc. 73225 Airco Filter Service 73226 Airgas Safety, Inc. 73227 American Air Filter, Inc. 73228 American Airlines, Inc. 73229 American Payroll Association 73230 American Red Cross 73231 American Seals West 73232 Aquatic Bioassay And Consulting labs, Inc. 73233 Arizona Instrument 73234 AD TECH 73235 AEE-SCC 73236 ASTD American Society for Training & Dev. 73237 AWSI 73238 Baker Tanks 73239 Battery Specialties 73240 Cal-Glass, Inc. 73241 California Auto Collision 73242 California Dept. of Fish and Game 73243 California Relocation Services, Inc. 73244 Calolympic Safety 73245 Caltrol, Inc. 73246 Cambridge Isotope Labs 73247 Carollo Engineers 73248 Center for Creative Growth 73249 City of Tustin 73250 Cole-Parmer Instrument Co. 73251 Compressor Components of California 73252 Computer Protection Technology, Inc. 73253 Consolidated Elect. Distributors, Inc. 73254 Consumers Pipe & Supply Co. 73255 Cooper Cameron Corporation 73256 Cornerstone Systems, Inc. 73257 Corporate Business Interiors 73258 Corporate Express 73259 Corporate Image Maintenance, Inc. 73260 Council on Education in Management 73261 County Wholesale Electric Co. 73262 CA Emissions Program 73263 Controlled Motion Solutions 73264 CWEA 73265 De Guella Glass Co., Inc. 73266 Del Mar Analytical 73267 Dexon Computer, Inc. 73268 Dionex Corporation H:\depl\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05·06\Claims Paid Report -07-15-05 fint21onc Amount Descrl~tlon 750.00 Professional Services -(10) Ergonomic Workstation Evaluations 1,206.85 Printing Services -Business Cards 478.95 lab Parts & Supplies 193.75 Filters 6,136.21 Safety Supplies 1,482.56 Filters 3,313.30 Travel Services 999.00 Training Registration 634.50 CPR Training & Miscellaneous Supplies 37.83 Gaskets 785.00 Whole Effluent Toxicity Testing 10,866.96 Instrument Parts & Supplies -Jerome Analyzer 659.00 Electrical Parts & Supplies 45.00 Membership (Assoc. of Energy Engineers -So. Calif. Chapter) 169.00 Membership 282.00 Department of Transportation Program Management & Testing 571.20 Tank Rentals 1,431.67 Batteries 407.30 lab Equipment Service 1,115.70 Truck Body Repairs -V-479 1,390.50 Permit Fee -2-41-04 206.25 Office Files Moving/Relocation Services 192.12 Instrument Parts & Supplies 7,062.50 Mechanical Parts & Supplies 761.73 Lab Parts & Supplies 22,179.69 Professional Services P2-60 2,500.00 Professional Services -Executive Management Coaching 645.73 Water Use 213.38 Pump Shaft 3,520.00 Repairs & Maintenance -Rebuild (32) Pilot Fuel Valves 9,862.50 Computer Maint. Agreement 256.02 Electrical Parts & Supplies 29.80 Plumbing Parts & Supplies 1,109.45 Engine Supplies 14,160.44 Software Maintenance & Support -Symantec Brightmail Anti-Spam 6.0 1,941.10 Miscellaneous Office Furniture 1,543.77 Office Supplies 168.00 Custodial Services Spec. No. 9899-09 1,045.00 Employee Development Division Meeting Registration 8.28 Electrical Parts & Supplies 16.80 Vehicle Smog Testing Transmission 654.05 Mechanical Parts & Supplies 39.50 Membership (Calif. Water Environment Assoc.) 848.38 Window Glass Repairs/Replacement 704.00 Analysis of Biosolids 3,399.45 Computer Software/Hardware VAX Workstation 5,937.18 Lab Parts & Supplies Page 3of7 EXHIBIT A 8/112005 <._. Claims Paid From 07/01/05 to 07/15/05 Warrant No. 73269 73270 73271 73272 73273 73274 73275 73276 73277 73278 73279 73280 73281 73282 73283 73284 73285 73286 73287 73288 73289 73290 73291 73292 73293 73294 73295 73296 73297 73298 73299 73300 73301 73302 73303 73304 73305 73306 73307 73308 73309 73310 73311 73312 73313 73314 73315 Vendor Duke's Root Control, Inc. Dunn-Edwards Corporation Dezurik Water Controls DGA Consultants, Inc. OHL Express (USA), Inc. Dr. Harvey Goldstone Edinger Medical Group, Inc. Enchanter, Inc. Environmental Engineering & Contracting Voided Check Steams Bank, N .A. FedEx Corporation Fisher Scientific Company, L.L.C. Flow Science, Inc. Foodcraft Coffee & Refreshment Services Forkert Engineering & Surveying, Inc. Franklin Covey Frasco Profiles Farwest Corrosion Control Co. George T. Hall George Yardley Co. Gerhardt's, Inc. Goldenwest Window Service John G. Gonzalez Goodway Technologies Corp. Grainger, Inc. Guarantee Records Management GE Analytical Instruments, Inc. Haaker Equipment Company Hach c/o Ponton Industries Harold Primrose Ice Harrington Industrial Plastics, Inc. Harvard Business Review Herb's Blackforest Bakery & Deli Hill Brothers Hoerbiger Service, Inc. Home Depot City of Huntington Beach HOR Engineering, Inc. Industrial Distribution Group Industrial Filter Manufacturers, Inc. Industrial Metal Supply Industrial Threaded Products, Inc. Iron Mountain Irvine Ranch Water District J R Filanc Construction J.G. Tucker and Son, Inc. H:\dept\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report -07-15-05 fint21onc Amount 17,308.74 407.69 1, 170.97 6,881.00 70.38 660.00 545.00 2,600.00 6,240.00 1,777.36 110.06 5,902.96 7,930.28 643.09 2,745.00 83.91 480.50 2,084.69 78.66 631.42 3,552.09 720.00 59.50 83.23 1,571.53 288.14 1,355.88 178.44 6,858.32 129.50 3,871.98 99.00 289.50 21,174.70 269.97 639.40 12,667.53 1,627.99 1,953.97 1,990.05 64.05 2,294.50 303.75 9.46 8,603.38 3,253.73 Description Sewer Root Control Service Paint Supplies Plug Valves Professional Services -CCTV Data Evaluation & Support Freight Services Safety Glasses Medical Screenings Ocean Monitoring & Outfall Inspection & Maintenance Grease Interceptor Inspections Hydrochloric Acid Freight Services Lab Parts & Supplies & Chemicals Professional Services -Flow Modeling Meeting Supplies Engineering Services P1-76 & P2-66 Office Supplies Human Resources Background Checks Instrument Parts & Supplies Flow Meter Valves LSVB Spark Plugs Landscape Maintenance at Digesters Meeting/Training Expense Reimbursement Miscellaneous Maintenance Supplies Filters & Rivets Off-Site Records Storage Lab Parts & Supplies Misc. Vehicle, Parts, Repairs & Service Lab Parts & Supplies Ice For Samples Pump & Plumbing Parts & Supplies Publication Meeting Expenses Chemicals -Odor & Corrosion Control -Newport Trunkline Compressor Parts Misc. Repair & Maintenance Material Water Use Professional Services P2-82 Mechanical Parts & Supplies Filters Metal Fasteners Shredding Services Water Use Construction 5-55 Flash Protection Gloves & Specialty Gases Page 4of7 EXHIBIT A 8/1/2005 < Claims Paid From 07/01/05 to 07/15/05 Warrant No. 73316 73317 73318 73319 73320 73321 73322 73323 73324 73325 73326 73327 73328 73329 73330 73331 73332 73333 73334 73335 73336 73337 73338 73339 73340 73341 73342 73343 73344 73345 73346 73347 73348 73349 73350 73351 73352 73353 73354 73355 73356 73357 73358 73359 73360 73361 73362 Vendor J. L. Wingert Co. Jamison Engineering Contractors, Inc. Jay's Catering Johnson Ukropina Johnstone Supply Katmar Promotions Kleinfelder, Inc. Konnie K. Gallery Lab Safety Supply, Inc. Lindberg, Mead, Drill & Pezzillo, L.L.P. Lorman Education Services LINJER McJunkin Corporation McMahan Business Interiors McMaster-Carr Supply Co. Mid-West Associates Midway Mfg. & Machining Co. Milltronics c/o RMB Engineering Motion Industries, Inc. CA 55 Marc Boney Miller Brooks Environmental, Inc. MVA Architects National Plant Services, Inc. Neal Supply Co. The Norco Companies Networkguys, Inc. NRG Thermal Services, L.L.C. Office Depot Business Services Div. Olympic Creations Omega Industrial Supply, Inc. OneSource Distributors, Inc. The Orange County Register Orange Fluid System Technologies, Inc. Osterbauer Compressor Oxygen Service Company P.L. Hawn Company, Inc. Pacific Mechanical Supply Partners Consulting Services Pen Valve PerkinElmer LAS Primary Source Office Furnishings, Inc. PrinterGuy Prudential Overall Supply PCG Industries PCS Express, Inc. R. L. Abbott & Associates Rainbow Disposal Co. H:\dept\fin\EXCEL.dla\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report-07-15-05 fin/210nc Amount 2,237.65 4,500.00 1,106.62 6,000.00 608.57 996.14 1,794.00 199.91 1,428.79 4,670.00 349.00 4,977.91 1,538.62 306.66 2,328.90 924.35 2,160.39 1,225.18 630.73 13,200.00 8,500.00 1,279.38 6,705.00 125.06 672.47 5,103.00 1,149.98 1,716.30 1,717.60 1, 132.28 834.33 1,783.52 1,423.57 3,054.82 432.22 2,164.09 586.02 2,880.00 329.82 35.85 4,140.84 3,684.91 4,665.02 400.00 122.00 3,000.00 2,973.12 Description Welding Safety Supplies Prof. Serv. -Confined Space Entry-0.0.B.S. Wetwell & Inspection Services Meeting Expenses Prof. Serv. -Corporate Identity & Public Awareness Project Electrical Parts & Supplies Stationery & Office Supplies -OCSD Pens Re Biosolids Program Soils, Concrete & Other Materials Testing -P2-66-2 Picture Framing Fiberglass Signs On-Site Training -Construction Management Training Safety & Health Division Meeting Registration Professional Service -DART MO 9-22-99 Plumbing Supplies Miscellaneous Office Furniture Door, Tools & Mechanical Supplies Instrument Parts & Supplies Mechanical Parts & Supplies Electrical Parts & Supplies Mechanical Parts & Supplies Professional Services -EMT Recruitment Professional Services -UST Feasibility Study & Corrective Action Plan Professional Services -North County Yard Site Evaluation and 0 & M Office Alternatives Vacuum Truck Services Plumbing Supplies Mail Delivery Service Software Licenses Mechanical Parts & Supplies Office Supplies OCSD Logo Etched Badges Janitorial Supplies Electrical & Mechanical Parts & Supplies Notices & Ads Plumbing Parts & Supplies Mechanical Parts & Supplies Specialty Gases Electrical Parts & Supplies Plumbing Supplies FIS On-Site Support-Help Desk Plumbing Parts & Supplies Lab Parts & Supplies Office Furniture Printer Maintenance Uniforms & Related Articles Repair & Maintenance Services -Keyways Courier Service Kern County Biosolids Consulting Services Trash Removal Page 5 of 7 EXHIBIT A 8/1/2005 Claims Paid From 07/01/05 to 07/15/05 Warrant No. 73363 73364 73365 73366 73367 73368 73369 73370 73371 73372 73373 73374 73375 73376 73377 73378 73379 73380 73381 73382 73383 73384 73385 73386 73387 73388 73389 73390 73391 73392 73393 73394 73395 73396 73397 73398 73399 73400 73401 73402 73403 73404 73405 73406 73407 73408 73409 Vendor Restek Corp. Retrofit Parts & Components, Inc. Ricoh Business System Rolls-Royce Energy Systems, Inc. Royale Cleaners RBF Engineers RPM Electric Motors RS Hughes Co, Inc. RTM Lighting & Electronics, Inc. Schwing America, Inc. Science Applications Intl., Corp. Scottel Voice & Data, Inc. Sewer Equipment Company of America Sigma-Aldrich, Inc. Skalar, Inc. South Coast Air Quality Management Dist. South Coast Air Quality Management Dist. South Coast Roof, Inc. Southern California Water Southern Counties Lubricants Spectrum Video, Inc. Spex Certiprep, Inc. Summit Steel Sunset Industrial Parts SBC SBC/MCI SKC-West, Inc. Tetra Tech, Inc. Thompson Industrial Supply, Inc. Time Warner Communication Tony's Lock & Safe Service & Sales Tri-State Seminar On-the-River Truck & Auto Supply, Inc. TMOBILE Ultra Scientific United Pacific Services, Inc. US Equipment Co., Inc. US Plastic Corp. Vapex, Inc. Verizon California Verne's Plumbing Village Nurseries Vortex Industries, Inc. VWR Scientific Products Corporation Waco Filter WateReuse Association West-Lite Supply Company, Inc. H:\depl\fin\EXCEL.dla\220\APSHARE\Claims Paid Report\05·06\Claims Paid Report • 07-15-05 fin/210nc Amount 136.86 192.69 4, 190.19 187.00 12.00 6,500.04 2,469.42 116.17 1,003.66 881.96 3,059.57 2,284.80 1.400.75 5,776.38 17.63 531.04 531.04 4,720.60 133.21 4,600.90 6,465.50 1,170.85 4,563.77 949.39 1,558.23 779.01 5,158.85 438.83 299.25 51.07 562.11 225.00 228.00 163.61 530.27 16,467.51 1, 106.54 29.45 6,658.50 711.16 600.00 125.85 588.26 7,854.19 283.45 450.00 16.70 Description Lab Parts & Supplies Mechanical Parts & Supplies Color Copier Lease Electrical Parts & Supplies Dry Cleaning Services Surveying Services 2-41-04 Maintenance Services -Electric Motor/Fan Blower Model Paint Supplies Electrical Parts & Supplies Pump Filters Ocean Monitoring MO 6-8-94 Telephone System Maintenance Hoses Lab Parts & Supplies Lab Parts & Supplies Annual Emission, Operation & Misc. Fees Annual Emission, Operation & Misc. Fees Roof Repairs & Maintenance Services Water Use Turbine Oil Professional Services J-84 Lab Parts & Supplies Metal Motors Telephone Services Telephone Services Instrument Parts & Supplies Ocean Monitoring Mechanical Parts & Supplies Cable Services Locks & Keys Training Registration Automotive Supplies Wireless Air Time Lab Parts & Supplies Landscape Maintenance at Slater Pump Station Coolant Plumbing Parts & Supplies Pump Parts & Supplies Telephone Services Repairs & Maintenance -Toilet Landscaping Supplies Door Repair Lab Parts & Supplies Air Filters Lab Administration/Quality Assurance Meeting Registration Electrical Parts & Supplies Page 6of7 EXHIBIT A 8/1/2005 .c Claims Paid From 07/01/05 to 07/15/05 Warrant No. 73410 73411 73412 73413 73414 73415 73416 73417 73418 73419 73420 73421 73422 73423 73424 73425 73426 73427 73428 73429 73430 73431 73432 73433 73434 73435 73436 73437 Vendor Wilson Supply, Inc. WEF WQI Union Bank of California Wells Fargo Bank Thomas M. Blanda Carla D. Dillon Kimberly A. Erickson Ingrid G. Hellebrand Vladimir A. Kogan James W. Matte Umesh N. Murthy Andrew H. Nau Madankumar B. Patel Vanh Phonsiri Jeremy J. Saum Mahin Talebi Robert J. Taylor Daniel R. Tremblay Paula A. Zeller Marian M. Alter County of Orange County of Orange Michelle R. Hetherington local Agency Formation Commission local Agency Formation Commission Orange County Sanitation District Orange County Sanitation District Total Accounts Payable -Warrants Payroll Disbursements 38203 -38312 Employee Paychecks 38313 -38352 Employee Paychecks 113382 -113948 Direct Deposit Statements Total Payroll Disbursements Wire Transfer Payments OCSD Payroll Taxes & Contributions JP Morgan Chase Bank JP Morgan Chase Bank Total Wire Transfer Payments Total Claims Paid 07/01/05 -07/15/05 H:\dept\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05·06\Claims Paid Report -07-15-05 fin/210/lc Amount 913.72 316.00 500.00 2,825.30 21,030.00 243.00 1,369.59 721.77 223.73 1,699.93 1,780.79 154.00 705.35 150.00 739.71 345.79 1,086.70 1,509.21 1,024.03 364.77 200.00 43.00 43.00 839.73 1,150.00 1,150.00 17,275.75 1,671.94 $ 5,624,870.91 $ 160,873.92 159,379.42 1,082,226.85 $ 1,402,480.19 $ 860.370.05 82,740.58 75,819.42 $ 1,018,930.05 $ 8,046,281.15 Description Plumbing Parts & Supplies Membership -Water Environment Federation Training Registration Construction 1-2-4, Retention Construction 5-52, Retention Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Annexation Fee Annexation Fee Meeting/Training Expense Reimbursement Annexation Fees Annexation Fees Worker's Comp. Reimb. Petty Cash Reimb. Biweekly Payroll 07 /06/05 Retros, Cancelled, Idea, Mgr. llS, Term. & Retirements Checks 07/05/05 to 07/07/05 Direct Deposit Statements 07106105 Biweekly Payroll & Retirements 07/06/05 & 07/07/05 June Interest Payment on Series 1993 Certificates of Participation June Societe Generale Payment on 1993 Series Certificates of Participation Page 7 of 7 EXHIBIT A 81112005 Claims Paid From 07/16/05 to 07/31/05 Warrant No. Vendor Amount Description Accounts Payable -Warrants 73438 73439 73440 73441 73442 73443 73444 73445 73446 73447 73448 73449 73450 73451 73452 73453 73454 73455 73456 73457 73458 73459 73460 73461 73462 73463 73464 73465 73466 73467 73468 73469 73470 73471 73472 73473 73474 73475 73476 73477 73478 73479 73480 73481 73482 Kaiser Foundation Health Plan National Water Research Institute Orange County Water District $ 68,102.61 Medical Insurance Premium So. Cal. Gas Company Southern Calif Coastal Water Research Southern California Edison State Board of Equalization Air & Waste Management Assoc. American Airlines Arch Wireless Ashbrook Corporation American Telephone & Telegraph Corp. Beckman Instruments, Inc. Keith Boger Brenntag Pacific, Inc. Cal-Glass, Inc. Centralia School District Cingular Wireless Court Order Compressor Components Of California Consolidated Elect. Distributors, Inc. Consumers Pipe & Supply Co. County of Orange County of Orange -Auditor Controller Court Trustee CASA (Calif. Assoc. of Sanitation Agencies) CCAC -City Clerks' Association of CA CEM Corporation CMAA CR&R, Inc. CWEA Membership Department of Child Support Services Employee Benefits Specialists, Inc. Environmental Resource Association Court Order Excel Door & Gate Company, Inc. First American Real Estate Solutions Fisher Scientific Company Fountain Valley Rancho Hand Wash Franchise Tax Board Frost Company Grainger, Inc. Hach c/o Ponton Industries Home Depot Credit Services Informatica Corporation H:\dept\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report-07-31-05 fin/210/lc 50,000.00 4,909,739.22 37,628.01 336,528.00 30,626.48 37,490.28 445.00 4,904.60 1,155.66 733.18 29.57 1,701.00 495.00 159.65 168.33 2,644.00 8,157.31 150.00 3,950.00 191.91 1,527.22 150.00 20.47 454.49 1,875.00 250.00 1,074.77 510.00 315.00 236.00 188.50 9,622.66 1,151.29 445.00 514.38 287.25 96.19 933.70 50.00 14,815.00 102.20 570.00 229.59 3,200.00 Annual Contribution -Research Program Joint GWRS Project J-36 Natural Gas Membership -Joint Powers Agreement Power Underground Petroleum Storage Tank Fee & FY 04-05 Sales Tax Return Environment Assessment Division Meeting Registration Travel Services Paging Service -Airtime, Service & Equipment Mechanical Parts & Supplies Telephone Service Instrument Repairs & Maintenance Services Training Registration Janitorial Supplies Lab Parts & Supplies Reconciliation User Fee Refund Program Wireless Services Wage Garnishment Mechanical Repairs & Maintenance Service Electrical Parts & Supplies Plumbing Parts & Supplies Wage Garnishment Data Services -Parcel Reports Wage Garnishment General Management Admin. Division Meeting Registration Training Registration Repairs & Maintenance Services Training Registration (Construction Management Association of America) Container Rentals Membership (Calif. Water Environment Assoc.) Wage Garnishment Reimbursed Prepaid Employee Medical & Dependent Care Lab Parts & Supplies Wage Garnishment Repairs & Maintenance Services -Gates On-Line Orange County Property Information Lab Parts & Supplies Vehicle Washing & Waxing Services Wage Garnishment Professional Services P2-60 Electrical Parts & Supplies Freight Services Misc. Repair & Maintenance Material Training Registration Page 1of8 EXHIBIT B 8/10/2005 Claims Paid From 07/16/05 to 07/31/05 Warrant No. Vendor 73483 Intergraph Corporation 73484 Internal Revenue Service 73485 Intl. Union of Oper. Eng. AFL-CIO Local 501 73486 Invensys Systems, Inc. 73487 IECOC 73488 John Bell Pool Service 73489 Lab Safety Supply, Inc. 73490 John H. Lin 73491 Marden Susco-see Hughes Supply, Inc. 73492 Mayer, Brown, Rowe & Maw, L.L.P. 73493 McMahan Business Interiors 73494 Medlin Controls Co. 73495 Court Order 73496 National Bond & Trust 73497 Neutron Products, Inc. 73498 O C Tanner Recognition Company 73499 Optio Software, Inc. 73500 Orange County Sheriff 73501 Orange County Tax Collector 73502 OCB Reprographics 73503 OCEA 73504 Peace Officers Council of CA 73505 Praxair Distribution, Inc. 73506 Primary Source Office Furnishings, Inc. 73507 Profit Techniques, Inc. 73508 PCG Industries 73509 R. L. Abbott & Associates 73510 RPM Electric Motors 73511 Seaventures 73512 Court Order 73513 Source Graphics 73514 Southern California Edison 73515 Stockstill Communications 73516 Surveyor Services 73517 SAR BS 73518 SBC 73519 SBC Long Distance 73520 Snap-On Tools/Jesse Gomez 73521 Systems Solution Company 73522 Thompson Industrial Supply, Inc. 73523 TMV Systems Engineering, Inc. 73524 United Parcel Service 73525 United Way 73526 Verizon California 73527 Verne's Plumbing 73528 Waxie Sanitary Supply H:\depl\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report-07-31-05 fin/210nc Amount 4,259.41 300.00 3,960.06 398.73 22.00 2,560.00 291.98 150.00 360.96 5,000.00 4,878.65 526.52 225.00 3,106.34 3,751.77 1,550.19 872.78 414.86 51.57 9,764.72 659.79 1,656.00 19.80 12,645.94 1,341.49 750.00 3,000.00 648.43 260.00 721.50 800.00 2,199.47 5,000.00 87.39 45.00 732.23 1,655.10 101.61 340.00 4,947.04 1,156.25 988.65 215.00 120.94 5,590.04 971.38 Description Software Installation, Implementation, Training & Support Wage Garnishment Dues Deduction Instrument Parts & Supplies Training Registration (Industrial Environmental Coalition of Orange County) Service Agreement -Admin. Bldg. Atrium Pond Locks Meeting/Training Expense Reimbursement Plumbing Parts & Supplies Professional Services -Strategic Planning & Advocacy Installation of (1) PMO Trailer Workstation Instrument Parts & Supplies Wage Garnishment U.S. Savings Bonds Payroll Deductions Anionic Polymer Tote Employee Service Awards Program Software Maintenance & Support Wage Garnishment Real Property Taxes -Rocky Point Pump Station Printing Service -MO 1 /26/00 Dues Deduction Dues Deduction Demurrage Office Furniture Professional Services -0 & M Manager Coaching Repairs & Maintenance Services -Drive Shaft Kem County Biosolids Consulting Services Repairs & Maintenance Services -Limitorque Motor Lab Parts & Supplies Wage Garnishment OCE Wide Format Copier/Printer Maintenance Agreement Power Professional Services -Strategic Advice & Counsel Re Great Park Office Supplies Training Registration Telephone Services Long Distance Telephone Services Small Tools Repairs & Maintenance Services -Access Control/CCTV Security System Mechanical Parts & Supplies Software Maintenance Parcel Services Employee Contributions Telephone Services Service Contract-Testing & Cert. Backflow Devices at Pits. 1 & 2 & Pump Sta. Janitorial Supplies Page 2 of 8 EXHIBITS 8/10/2005 Claims Paid From 07/16/05 to 07/31/05 Warrant No. 73529 73530 73531 73532 73533 73534 73535 73536 73537 73538 73539 73540 73541 73542 73543 73544 73545 73546 73547 73548 73549 73550 73551 73552 73553 73554 73555 73556 73557 73558 73559 73560 73561 73562 73563 73564 73565 73566 73567 73568 73569 73570 73571 73572 73573 73574 Vendor Weston Solutions, Inc. Xerox Corporation Court Order 1-800-Conference(R) State Board of Equalization Mark C. Narciso Adam A. Nazaroff State Board of Equalization Aquarium of the Pacific ISA State Board of Equalization Air Products & Chemicals Black & Veatch Corporation Blue Cross of California Brown & Caldwell California Soil Products Camp Dresser & McKee, Inc. City of Fountain Valley Delta Dental Dudek & Associates, Inc. Earth Tech, Inc. Eco Oxygen Technologies, L.L.C. Garden Grove Sanitary District Jamison Engineering Contractors, Inc. Kemiron Companies, Inc. lee & Ro, Inc. Malcolm Pirnie, Inc. Mellon Trust Occidental Energy Marketing, Inc. Orange County Water District Pioneer Americas, Inc. Southern California Edison Synagro Technologies, Inc. Tula Ranch/Magan Farms U.S. Metro Group, Inc. Waste Markets Corp. Weston Solutions, Inc. DKG Construction J F Shea Construction, Inc. J R Filanc Construction Margate Construction, Inc. Morrow-Meadows Corp. Southern Contracting Company Able Scale Repair Agilent Technologies, Inc. Airco Filter Service H:\dept\fin\EXCEL.dla\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report -07-31-05 fin/210/lc Amount 1,350.00 941.52 597.50 640.12 350.00 207.88 177.00 350.00 116.55 85.00 850.00 49,000.00 123,351.73 364,698.63 299,754.69 59,085.55 122,818.65 35,566.11 58,424.38 26,456.96 103,144.67 37,800.00 91,973.52 114,322.65 175,512.98 74,219.81 231,130.20 26,234.65 142,598.68 85,160.05 426,261.98 192,035.22 101, 195.97 299,912.06 29,222.50 76,910.54 28,110.00 32,243.40 1,497, 172.37 1,004,277.00 229,776.00 45,475.00 50,383.00 769.00 6,264.00 678.83 Description Outside Laboratory Services Copier Supplies Wage Garnishment Telephone Conference Call Annexation Fee Meeting/Training Expense Reimbursement Meeting/Training Expense Reimbursement Annexation Fee Reimbursable Employee Activity Expense Membership Annexation Fee 0 & M Agreement Oxy Gen Sys MO 8-8-89 Engineering Services 5-58, J-71-3 & J-77 Medical Insurance Premium Professional Services P2-90 Residuals Removal MO 3-29-95 Engineering Service J-71-8 Water Use Dental Insurance Plan Professional Services P2-68 Professional Services P1-100 Professional Services -Super Oxygenation System -Seal Beach Pump Station Cooperative Projects Reimbursement Program Repairs & Maintenance Services -Slater Pump Sta. & SARI Line Repairs Ferric Chloride MO 9-27-95 Professional Services 5-49, 5-50, 5-51, 5-52 & P2-47-3 Professional Services P2-80 & 11-26 Investment Custodian Bank Natural Gas for CenGen/CoGen GAP Water Use Sodium Hypochlorite Power Residuals Removal MO 3-29-95 Residuals Removal MO 3-29-95 Janitorial & Floor Maintenance at Plants 1 & 2 Maint. Agreement -Grit & Screenings Removal & Digester Bed Mat'I. Removal Outside Lab Services -Core Ocean Monitoring Program Construction FE04-05 Construction J-77 & J-35-2 Construction P1-76 Construction P1-37 Construction P2-47-3 & FE03-24 Construction J-33-1 Loading Scales Quarterly Inspection & Certification for Pits. 1 & 2 Training Registration Filters Page 3 of 8 EXHIBITS 8/10/2005 Claims Paid From 07/16/05 to 07/31/05 Warrant No. 73575 73576 73577 73578 73579 73580 73581 73582 73583 73584 73585 73586 73587 73588 73589 73590 73591 73592 73593 73594 73595 73596 73597 73598 73599 73600 73601 73602 73603 73604 73605 73606 73607 73608 73609 73610 73611 73612 73613 73614 73615 73616 73617 73618 73619 73620 Vendor Airgas Safety, Inc. Alta-Robbins, Inc. American Fildelity Assurance Company American Training Resources, Inc. Analysts, Inc. Ashbrook Corporation AssurX, Inc. Awards & Trophies Company AIM, Inc. AKM Consulting Engineers All American Sewer Tools American Telephone & Telegraph Corp. Baker Tanks Bar Tech Telecom, Incorporated Basic Chemical Solutions, L.L.C. Battery Specialties BioMerieux Vitek, Inc. Boyle Engineering Corporation BC Wire Rope & Rigging BMC: Business Machines Consultants, Inc. California Auto Collision California Rebuild America Coalition California Relocation Services, Inc. Caltrol, Inc. Charts, Inc. Cole-Parmer Instrument Co. Columbia Analytical Services, Inc. Communications Supply Corp. Computer Protection Technology, Inc. Condition Monitoring Solutions Consolidated Elect. Distributors, Inc. Consumers Pipe & Supply Co. Control Factors -Seattle, Inc. Corporate Express County of Orange County Wholesale Electric Co. Culligan of Orange County CH2MHill CR&R, Inc. David's Tree Service De Guella Glass Co., Inc. Dell Computer Dharma Consulting Dionex Corporation Dunn-Edwards Corporation OHL Express (USA), Inc. H:\dept\fln\EXCEL.dla\220\APSHARE\Claims Paid Report\05·06\Clalms Paid Report· 07-31-05 nn121onc Amount 4, 101.95 745.28 200.40 538.31 1,025.46 4,337.97 5,513.00 89.50 3,375.57 13,650.00 9,463.48 25.74 560.00 2,220.49 19,322.26 324.33 1,418.02 23,019.25 880.05 73.29 1,826.69 5,000.00 112.50 21,889.06 363.04 404.18 270.00 649.61 5,393.53 2,450.00 6,970.75 3,179.33 994.80 3,823.89 106.50 889.27 42.80 4,576.74 1,935.00 7,800.00 1,034.40 24,866.55 7,500.00 343.96 53.81 57.54 Description Safety Supplies Instrument Supplies Employee Cancer Insurance Safety Videos Oil Test Kit & Analyses Filter Press Parts & Supplies CA TWEB Software Maintenance Awards & Trophies Ice Machine Prof. Services -Part-Time Dig Alert Technician Warthogs, Nozzles, and Root Cutters w/Service Oil & Maintenance Kit Telephone Service Tank Rentals Telephone Parts & Supplies Sodium Bisulfite & Sodium Hydroxide Batteries Lab Parts & Supplies Professional Services 1-2-4 Miscellaneous Hardware Multifunction al Copier/Scanner Maintenance Agreement Repairs & Maintenance -V-495 Membership Office Files Moving/Relocation Services Valve Assemblies Charts Instrument Parts & Supplies Analysis of Wastewater, Industrial Wastewater & Biosolids Computer Hardware/Software Computer Maint. Agreement Training Registration Electrical Parts & Supplies Plumbing Parts & Supplies Filters Office Supplies Maint. Agreement -Repair/Installation of Base, Handheld & Vehicle Radios Electrical Parts & Supplies Maint. Agreement -Cen Gen Water Softener System Professional Services J-40-7 Container Rentals Tree Maint. Service Window Hardware (25) Desktop P.C.'s Prof. Services -Strategic Planning & EMT Development Lab Parts & Supplies Paint Supplies Freight Services Page 4 of 8 EXHIBITS 8/10/2005 ACC1 ... Claims Paid From 07/16/05 to 07/31/05 Warrant No. 73621 73622 73623 73624 73625 73626 73627 73628 73629 73630 73631 73632 73633 73634 73635 73636 73637 73638 73639 73640 73641 73642 73643 73644 73645 73646 73647 73648 73649 73650 73651 73652 73653 73654 73655 73656 73657 73658 73659 73660 73661 73662 73663 73664 73665 73666 Vendor Employee Benefits Specialists, Inc. Enchanter, Inc. Environmental Express Environmental Resource Association Environmental Science Associate (ESA) Ewing Irrigation Industrial Excel Door & Gate Company, Inc. ENS Resources, Inc. Executive Communications FedEx Corporation First Metro Appraisals Fisher Scientific Fluid Handling Systems Foodcraft Coffee & Refreshment Services Forkert Engineering & Surveying, Inc. Fountain Valley Paints, Inc. Franklin Covey Frost Engineering Services Co. Fry's Electronics Future Electronics Frost Company Ganahl Lumber Company Garland Manufacturing Co. Garratt-Callahan Company Goldenwest Window Service Grainger, Inc. Great Pacific Equipment Co. Great Western Sanitary Supplies GE Infrastructure Sensing Hach c/o Ponton Industries Hardy Diagnostics Harrington Industrial Plastics, Inc. Home Depot Credit Services Horizon Technology Hub Auto Supply HI Standard Automotive Industrial Distribution Group Industrial Metal Supply Industrial Threaded Products, Inc. lnnerline Engineering Inorganic Ventures, Inc. Intergraph Corporation Interstate Batteries of Cal Coast Iron Mountain Irvine Ranch Water District ISA H:\dept\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report -07-31-05 fin/210/lc Amount 630.35 7,700.00 195.17 3,170.27 7,524.80 197.73 1,056.65 10,000.00 13,982.39 118.49 4,500.00 4,680.98 1,816.67 468.20 585.00 149.70 148.37 179.74 537.23 215.07 846.25 644.35 543.19 11,490.91 120.00 1,324.71 1,938.35 41.48 9,486.48 800.31 566.54 5,988.86 293.70 244.79 884.08 56.50 3,180.00 316.89 2,376.26 22,493.11 374.68 2,800.00 562.94 91.13 83.35 845.00 Description Reimbursed Prepaid Employee Medical & Dependent Care Ocean Monitoring & Outfall Inspection & Maintenance Lab Parts & Supplies Lab Parts & Supplies Professional Services J-40-5 & J-40-10 Plumbing Parts & Supplies Repairs & Maintenance Services -Conference Rooms A & B Moveable Wall Professional Services -Legislative Advocate Professional Services -Unifying Strategies Program Freight Services Appraisal Services -Possible North County Yard Site Lab Parts & Supplies Pump Supplies Meeting Supplies Surveying Services P1-37 Paint Supplies Office Supplies Control Valve Computer Supplies Electrical Parts & Supplies Repairs & Maintenance Services -No. 2 Auger Lumber/Hardware Mechanical Parts & Supplies Chemicals Miscellaneous Landscape Maintenance Electrical Parts & Supplies Repairs & Maintenance -V-420, 28-Ton Crane Janitorial Supplies Software/Hardware Lab Parts & Supplies Lab Parts & Supplies Plumbing Parts & Supplies Misc. Repair & Maintenance Material Lab Parts & Supplies Vehicle Parts & Supplies Automotive Parts & Supplies Mechanical Parts, Supplies & Small Tools Metal Mechanical Parts & Supplies CCTV Videoing of Trunkline Sewers Lab Parts & Supplies Software Consulting Services -Installation, Implementation & Support Batteries for Vehicles & Carts Bid Document Storage Fees P1-37 Water Use Training Registration Page 5 of 8 EXHIBITS 8/10/2005 .:::.-., , .. Claims Paid From 07/16/05 to 07/31/05 Warrant No. 73667 73668 73669 73670 73671 73672 73673 73674 73675 73676 73677 73678 73679 73680 73681 73682 73683 73684 73685 73686 73687 73688 73689 73690 73691 73692 73693 73694 73695 73696 73697 73698 73699 73700 73701 73702 73703 73704 73705 73706 73707 73708 73709 73710 73711 73712 Vendor Jay's Catering Larry J. Jones Keith Boger Komex H20 Science, Inc. Kennie K. Gallery L & N Uniform Supply Co. Langevin Leaming Services, Inc. League Of CA Cities-Remit Addr Lexis-Nexis lord & Sons, Inc. Lucci's Gourmet Foods, Inc. LINJER Managed Health Network MassMutual Michel Financial Group McMaster-Carr Supply Co. Medlin Controls Co. Mid-West Associates Siemens Energy & Automation Moreland & Associates Motion Industries, Inc. CA 55 National Filter Media Corporation National Plant Services, Inc. Neal Supply Co. Newark Electronics Ninyo & Moore Corporate Accounting NRG Thermal Services, l.l.C. O C Tanner Recognition Company Office Depot Business Services Div. Omni Western Incorporated OneSource Distributors, Inc. Oracle Corporation Orange County Pump Co. The Orange County Register Orange County Vector Control District Orange Courier Oxygen Service Company OCB Reprographics P.l. Hawn Company, Inc. Pacific Mechanical Supply Parker Supply Company Parsons Water & Infrastructure, Inc. PerkinElmer LAS Perma Pure, Inc. Praxair Distribution, Inc. Pre-Paid legal Services, Inc. Project Management Institute H:\depl\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report-07-31·05 fin/210/lc Amount 1,533.01 49.50 3,085.00 95.00 29.09 1,364.31 7,334.70 5,000.00 54.37 158.01 108.29 5,097.19 1,041.92 299.88 1,768.64 151.67 370.15 1,881.15 6,251.03 951.13 1,525.52 11,230.00 134.49 797.45 5,825.00 8,636.84 121.22 3,041.07 37.69 3,593.88 10,055.70 281.53 104.99 139.84 10.90 4,536.02 1,965.99 2,135.18 1,124.20 9,189.06 10,302.64 102.65 569.66 27.48 578.00 154.00 Description Meeting Expenses MeetingfTraining Expense Reimbursement MeetingfTraining Expense Reimbursement Professional Services P1-98 Picture Framing Service OCSD Polo Shirts with National Biosolids Partnership EMS Logo Training Registration General Management Admin. Division Meeting Registration Books & Publications Mechanical Parts & Supplies Meeting Expense Professional Service -DART MO 9-22-99 Employees Assistance Program Executive Disability Plan Premium Mechanical Parts & Supplies Instrument Parts & Supplies Mechanical Parts & Supplies Mechanical Parts & Supplies Auditing Services MO 3-8-95 Mechanical Parts & Supplies Filter Press Belts Vacuum Truck Services Plumbing Supplies Electrical Parts & Supplies Professional Services -Soils, Concrete & Other Materials Testing, Various Locations Check Valve Employee Service Awards Program Office Supplies Tools Electrical Parts & Supplies Software Update & Maintenance Pump Parts & Supplies Books & Publications Pest Control Courier Services Specialty Gases Printing Service -MO 1/26/00 Electrical Parts & Supplies Plumbing Parts & Supplies Mechanical Parts & Supplies Professional Services J-35-1 Lab Parts & Supplies Filter Demurrage Employee Legal Service Insurance Premium Membership Page 6 of 8 EXHIBITS 8/10/2005 Claims Paid From 07/16/05 to 07/31/05 Warrant No. 73713 73714 73715 73716 73717 73718 73719 73720 73721 73722 73723 73724 73725 73726 73727 73728 73729 73730 73731 73732 73733 73734 73735 73736 73737 73738 73739 73740 73741 73742 73743 73744 73745 73746 73747 73748 73749 73750 73751 73752 73753 73754 73755 73756 73757 73758 Vendor Propipe Prudential Overall Supply Rainin Instrument, L.L.C. Reliastar Bankers Security life Ins. Restek Corporation Retrofit Express Rolls-Royce Energy Systems, Inc. ITT Shared Services RBF Engineers RD Tech Instruments RM Automation c/o RM Controls RMS Engineering & Design, Inc. Safe-T-Rack Systems, Inc. Sancen Engineering, Inc. Science Applications Intl., Corp. Scott Specialty Gases, Inc. City of Seal Beach Finance Dept. Shureluck Sales & Engineering Sigma-Aldrich, Inc. Smith Pipe & Supply, Inc. Southern California Edison Southern Counties Lubricants Sparkletts Spex Certiprep, Inc. Standard and Pears Corp. Stanley Steamer International, Inc. Steven Enterprises, Inc. Summit Steel Sunset Industrial Parts Super Chem Corporation Technical Service Group, Inc. SBC SBC/MCI SKC-West, Inc. SPEC Services, Inc. Stratus Environmental, Inc. T&T Valve and Instrument Techno Coatings Terminix International The JG Press, Inc. The Walking Man, Inc. Thermo Electron Corp. Thermo Finnigan, L.L.C. Thompson Industrial Supply, Inc. ThyssenKrupp Elevator Tilson & Associates, L.L.C. H:\depl\fin\EXCEL.dta\220\APSHARE\Claims Paid Report\05-06\Claims Paid Report· 07-31-05 fin121onc Amount 2,973.26 1,549.00 508.37 8,756.27 800.00 900.00 647.62 25.75 17,506.27 505.07 264.20 2,560.00 649.35 8,000.00 4,779.20 3,476.18 249.00 1,853.80 276.29 1,854.53 31.94 154.30 2,143.45 358.40 5,000.00 214.00 488.72 1,033.99 421.73 347.55 1,381.60 1,212.62 2,767.69 1,168.82 15,100.60 3,515.00 2,103.81 4,680.00 1,640.00 129.00 675.00 1,782.26 23,037.50 2,089.23 955.50 4,800.00 Description CCTV Sewerline Video Inspection Uniforms & Related Articles Lab Parts & Supplies Employee Life Ins. Premium, Short-Term Disability & Cancer Ins. Payroll Deductions Training Registration Installation of Urinals In Administration Building Electrical Parts & Supplies Instrument Parts & Supplies Engineering Services 2-24-1 Instrument Parts & Supplies Instrument Supplies Professional Services -Buoyancy Investigation -Oxygen Plant Tanks Lab Parts & Supplies Construction -Rehabilitation of Small Diameter Sewer Pipe Ocean Monitoring MO 6-8-94 Specialty Gases & Lab Supplies Water Use Mechanical Parts & Supplies Lab Parts & Supplies Landscape Irrigation Supplies Power Grease Drinking Water/Cooler Rentals Lab Parts & Supplies COP Analytical Services Carpet Cleaning Services Office Supplies Metal Mechanical Parts & Supplies Chemicals SCADA System VAX Service Agreement Telephone Services Telephone Services Instrument Parts & Supplies Engineering Services J-33-1 Groundwater Monitoring Sewage Combination Air Release & Vacuum Valve Painting Services -OSHA Pipe Color Correction Pest Control Books & Publications Public Notice Printing & Mailing Services Various Projects -7-41 Lab Parts & Supplies Instrument Maintenance & Service Mechanical Parts & Supplies Elevator Maintenance On-Site Training -Flush Truck Training Page 7of8 EXHIBITS 8/10/2005 '""""" / Warrant No. 73759 73760 73761 73762 73763 73764 73765 73766 73767 73768 73769 73770 73771 73772 73773 73774 73775 73776 73777 73778 73779 73780 73781 73782 73783 73784 73785 73786 73787 Vendor Townsend Public Affairs Truck & Auto Supply, Inc. TSCM Corporation Underground Service Alert of So. Calif. United Parcel Service United States Plastic Corp. Valverde Construction, Inc. Verizon California Village Nurseries Vision Service Plan-(CA) Vortex Corporation VWR Scientific Products Corporation Wally Machinery and Tool Supply, Inc. West Coast Safety Supply Co. West-Lite Supply Company, Inc. Westflex Industrial Xerox Corporation Yale/Chase Materials Handling, Inc. YSI Massachusetts California Bank & Trust Nicholas J. Arhontes Pamela A. Koester Michael D. Moore Jamiann M. Questa Joanne Ward Boeing Company, The County of Orange -Auditor Controller County of Orange -Auditor Controller Orange County Sanitation District Total Accounts Payable· Warrants Pavroll Disbursements 38353 -38442 Employee Paychecks 38443 -38446 Employee Paychecks 113949 -114501 Direct Deposit Statements Total Payroll Disbursements Wire Transfer Payments OCSD Payroll Taxes & Contributions Union Bank of California U.S. Bank U.S. Bank Total Wire Transfer Payments Total Claims Paid 07/16/05 -07/31/05 Claims Paid From 07/16/05 to 07/31/05 Amount 5,000.00 1,273.36 1,700.00 1,589.00 27.36 41.73 9, 105.88 80.20 287.99 10,008.00 1,444.04 3,972.88 158.88 436.38 759.25 209.61 14,684.82 35.34 219.86 2,652.00 119.00 347.08 243.70 226.86 130.00 579.81 330.00 990.00 676.36 $12,495,533. 73 $ 148,296.11 23,951.79 1,098,287 .32 $ 1,270,535.22 $ 7,483,022.87 6,956,729.73 9,536,948.82 1, 145,652.55 $25, 122,353.97 $38,888,422.92 Description legislative & Executive Advocate for Grant Funding Automotive Supplies Street Sweeping Services Membership -Underground Service Alert Identification/Notification Services Parcel Services Plastic Containers Construction -Emergency Street Repairs -Costa Mesa Telephone Services landscaping Supplies Vision Service Premium Door Repair lab Parts & Supplies Mechanical Parts & Supplies Mechanical Parts & Supplies Electrical Parts & Supplies Mechanical Parts & Supplies Copier Lease & Supplies Automotive Parts & Supplies lab Parts & Supplies Construction J-33-1 A, Retention MeetingfTraining Expense Reimbursement MeetingfTraining Expense Reimbursement MeetingfTraining Expense Reimbursement MeetingfTraining Expense Reimbursement MeetingfTraining Expense Reimbursement Reconciliation User Fee Refund Program Administration Fee -Adjustments to Property Tax Bills Administration Fee -Adjustments to Property Tax Bills Petty Cash Reimb. Biweekly Payroll 07/20/05 Retirement, Retro and Adjustment Paychecks 07/21/05 to 7/28/05 Biweekly Payroll 07/20/05 Biweekly Payroll 7/20/05 July Interest for Series 2003A Certificates of Participation July Principal & Interest for 1990-92 Advance Refunding Certificates of Participation July Principal & Interest for 2000 A & B Refunding Certificates of Participation H:\depl\fin\EXCEL.dta\220\APSHARE\Clalms Paid Report\05-06\Claims Paid Report -07-31-05 fin/210/lc Page 8 of 8 EXHIBITS 8/10/2005 -.... MINUTES OF STEERING COMMITTEE MEETING Wednesday, July 20, 2005 A meeting of the Steering Committee of the Orange County Sanitation District was held on Wednesday, July 20, 2005 at 5 p.m., in the District's Administrative Office. (1) The roll was called and a quorum declared present, as follows: STEERING COMMITTEE MEMBERS: Directors Present: Steve Anderson, Chair Carolyn Cavecche, Chair, OMTS Committee Roy Moore, Chairman, FAHR Committee Tod Ridgeway, Chairman, PDC Committee Directors Absent: Jim Ferryman, Vice Chair Jim Silva, County Supervisor OTHERS PRESENT: Bradley R. Hogin, General Counsel Director Phil Luebben Director Jill Hardy Don Hughes Sherry Harton, Moreland & Associates Terri Sforza, OC Register (2) APPOINTMENT OF CHAIR PRO TEM No appointment was necessary. (3) PUBLIC COMMENTS STAFF PRESENT: Blake Anderson, General Manager Nick Arhontes, Director of Regional Assets and Services Bob Ghirelli, Director of Technical Services David Ludwin, Director of Engineering Carol Beekman, Director of Public Affairs Lisa Tomko, Director of Human Resources Mike White, ·Acting Director of Finance Gail Garrett, Committee Secretary Jennifer Cabral, Senior Public Information Specialist Sonja Wassgren-Morgan, Principal Public Information Specialist Juanita Skillman, Records Management Specialist Jim BuJB>r, Engineering Supervisor Layne Baroldi, Legal & Regulatory Affairs Liaison There were no comments by any member of the public. (4) RECEIVE, FILE AND APPROVE MINUTES OF PREVIOUS MEETING The minutes of the June 22, 2005 Steering Committee meeting were approved as drafted. (5) REPORT OF THE COMMITTEE CHAIR Chair Steve Anderson announced that he has appointed Director Jill Hardy to the Urban Runoff Ad Hoc committee. Minutes of the Steering Committee Page2 July 20, 2005 He will present CASA a resolution in recognition of their 50th Anniversary at their annual conference in San Diego in August. Chair Anderson, Director Mike Duvall, and Dr. Robert Ghirelli met with the SAWPA negotiating team on July 19, 2005. SAWPA is no longer considering a parallel bring-only line. Dr. Ghirelli informed that a long term coordinated strategy to manage the SARI line is needed and a joint OCSD/SAWPA study of the line is being considered from both a short-term 3-5 year perspective to a longer-term 30-50 year vision. The Irvine Company is proposing to connect 2,500 new homes to the SARI line. Director Duvall discussed the Mountain Park project and long term future of a "brine only" delivery for discharge to the SARI line. Dave Ludwin clarified that connection to the SARI line is conditional and there will be no guarantee of right to discharge should the line become a "brine only'' line in the future. Lastly, SAWPA will investigate issues with Stringfellow as they continue to assist OCSD and SARI. The Cooperative Projects Grants Committee met on June 28, 2005. Nick Arhontes reported one action item: approval of contract extensions with the cities of Buena Park, La Habra, Seal Beach, and the sanitary districts of Midway City and Garden Grove. Due to the heavy rainfall, this year's data analysis will not be completed until the fall. A capacity plan document will be submitted to the regional board when the analysis is complete. The Committee will meet quarterly to review project requests and consider next steps for the program. Chair Anderson will be in Washington, DC next week to meet with Representative Gary Miller and Orange County congressional delegation staff to discuss continued support for EPA assistance for secondary treatment upgrades. Chair Anderson reminded that the PDC Committee will meet on August 4th. OMTS and FAHR will be dark in August. The Urban Runoff Ad Hoc committee will meet on August 3, 2005 at 3 p.m. (6) REPORT OF THE GENERAL MANAGER Carol Beekman, Director of Public Affairs, provided the legislative progress report. Director Ridgeway has requested District staff prepare an annual legislative agenda which will be in place by October, when annual lobbyist contracts are renewed. General Manager reported that he has accepted Dharma Consulting's request to be released from their contract. The Southern California Alliance of Publicly Owned Treatment Works (SCAP) met last week with Larry McKinney to go over the county's proposal for governance for urban runoff in north, central and south portions of the county. The general managers of the special districts in Orange County discussed their roles and how they tied in with the county. Larry will present the proposal to the City Managers Association. Sanitation District staff has drafted a resolution in support of the County of Orange's efforts to develop and implement a regional water quality strategic plan for Board approval. General Manager announced the second Orange County Infrastructure report card will be rolled out at UCI Beckman's Center in October. Representative Gary Miller will be invited to be the keynote speaker. Minutes of the Steering Committee Page3 .r"' July 20, 2005 (7) REPORT OF GENERAL COUNSEL General Counsel Brad Hagin did not make a report. (8) DISCUSSION ITEMS (Items A-D) A. Report on Mountain Park Development: Jim Burrer distributed a map showing the Mountain Park Project boundary and development area, and the current and proposed lines. The Irvine Company is proposing to connect 2,500 new homes to the SARI line. He updated committee members on the Mountain Park project status and its interrelationships with the on-going SARI line discussions regarding long-term protection. Several alternatives have been presented by the Irvine Company in conjunction with the Corps of Engineers, varying in construction costs. A direct Gypsum Canyon Road connection is the least expensive connection location at SARI line for the Mountain Park sewage flows. Members of the Steering Committee expressed concern about long term security of the Mountain Park connection in light of future flows in the Santa Ana River. Since SARl's future alignment is uncertain, OCSD recommends that all project flows connect to the SARI downstream of the Control Gate Structure. The City of Anaheim should own the new sewer line. Jim Burrer requested direction to move forward. Director Ridgeway directed staff inform the Irvine Company that proposed and alternate options were reviewed with the Board. If Irvine Company is adamant on an option that may result in future liability to the Sanitation District, staff will return with an action item for Board approval. Directors present concurred with Director Ridgeway's direction. B. The Agenda Items scheduled to be reviewed by the Board's working committees in August were reviewed. OMTS and FAHR will be dark in August. C. The agenda items scheduled to be presented to the Board at tonight's meeting were reviewed. Director Cavecche informed that she will pull Asset Management item 12(e) from the Consent Calendar. D. Committee members discussed moving the October Standing Committee meeting dates due to conflict with the League of Cities Annual conference. (9) OTHER BUSINESS. COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF ANY There was no other business discussed. (10) MATTERS WHICH A DIRECTOR WOULD LIKE STAFF TO REPORT ON AT A SUBSEQUENT MEETING Minutes of the Steering Committee Page4 July 20, 2005 There were none. (11) MATTERS WHICH A DIRECTOR MAY WISH TO PLACE ON A FUTURE AGENDA FOR ACTION AND/OR STAFF REPORT There were none. (12) CONSIDERATION OF UPCOMING MEETINGS The next Steering Committee meeting is scheduled for Wednesday, August 24, 2005 at 5 p.m. The next Board Meeting is scheduled for Wednesday, August 24, 2005 at 7 p.m. (13) CLOSED SESSION The Committee convened at 5:50 p.m. in Closed Session, pursuant to Sections 54956.8, 54956.9, 54956.9(b) and 54957, to discuss six (6) items. Minutes of the Closed Session are on file with the Board Secretary. Confidential Minutes of the Closed Session held by the Steering Committee have been prepared in accordance with Government Code Section 54957 .2, and are maintained by the Board Secretary in the Official Book of Confidential Minutes of Board and Committee Closed Meetings. A report of the recommended actions will be publicly reported at the time the approved actions become final. At 6:55 p.m., the Committee reconvened in regular session. (14) ADJOURNMENT The Chair declared the meeting adjourned at 6:55 p.m. Submitted by: Gail Garrett Steering Committee Secretary H:\dept\agenda\Steering Committee\04\SC Minutes Form.5.doc MINUTES OF AD HOC COMMITTEE RE URBAN RUNOFF MEETING Orange County Sanitation District August3,2005 CALLED TO ORDER AT 3:08 P.M. A meeting of the Ad Hoc Committee re Urban Runoff of the Orange County Sanitation District was held on August 3, 2005 at 3 p.m., in the District's Administrative Office. (1) The roll was called and a quorum was not declared present, as follows: AD HOC COMMITTEE MEMBERS: Directors Present: Don Bankhead, Ad Hoc Committee Chair Norm Eckenrode, Director Jim Silva, Director Steve Anderson, Board Chair Directors Absent: Jill Hardy, Director Roy Moore, Director Tod Ridgeway, Director Jim Ferryman, Board Vice Chair STAFF PRESENT: Blake Anderson, General Manager Bob Ghirelli, Director of Technical Services Nick Arhontes, Director of Regional Assets & Services Jim Herberg, Director of Operations & Maintenance Carol Beekman, Director of Public Affairs Mahin Talebi, Source Control Manager Jerry Evangelista, Engineering Supervisor Tom Meregillano, Regulatory Specialist Charlie McGee, Lab Supervisor of Microbiology (2) APPOINTMENT OF CHAIR PRO TEM This was not required. (3) PUBLIC COMMENTS OTHERS PRESENT: Bradley R. Hagin, General Counsel Larry McKenney, OCPFRD Monica Mazur, OCHCA Geraldine Lucas, City of Huntington Beach Randy Fuhrman, Citizen Sean Fitzgerald, Townsend Public Affairs Stuard Farber, Purstream Technologies Paula Nicole Padilla, Cerritos College Student, Cerritos College Randy Fuhrman expressed comments regarding the planning and funding of urban runoff controls in Orange County. (4) APPROVAL OF MINUTES Minutes of Ad Hoc Committee re Urban Runoff Page2 August3,2003 The minutes of the December 2, 2004 meeting were ordered to be received and filed. (5) REPORT OF THE AD HOC COMMITTEE CHAIR Committee Chair Don Bankhead did not make a report. (6) REPORT OF THE GENERAL MANAGER General Manager Blake Anderson introduced Charlie McGee to provide a verbal presentation on a study conducted by OCSD to determine whether the existing urban runoff diversions systems, which are designed to capture and divert urban runoff into the sanitary sewer system, are reducing the bacterial loading into Huntington State Beach. Mr. McGee explained that bacteria levels at Huntington State Beach have significantly declined since OCSD began accepting urban runoff reaching the Talbert Marsh and the Santa Ana River. OCSD's analysis is consistent with the County of Orange Health Care Agency's annual water quality report which indicates a reduction in the number of beach closures and postings each year since 2000. A handout summarizing the information was given to the committee. (7) REPORT OF GENERAL COUNSEL General Counsel did not make a report. (8) DISCUSSION ITEMS A. Regional Water Quality Strategic Plan Support Resolution • Presentation on Regional Water Quality Strategic Plan by Larry McKenney: With increasing water quality program costs ($72.1 Million FY04/05) incurred by the County and Cities and the need to better coordinated efforts of many local agencies to improve water quality, the County has taken the lead to develop and implement a Regional Water Quality Strategic Plan (Strategic Plan). Mr. McKenney explained that the Strategic Plan will promote a regional approach among the County, Cities, and Special Districts to better coordinate and prioritize cost effective water quality improvement projects and programs within three defined watershed management areas (WMAs) within Orange County. These WMAs will closely border the service areas of the OCSD, Irvine Ranch Water District and South Orange County Water Authority. Mr. McKenney explained that in the next 12 to 18 months the County will be working with OCTA and Measure M Steering Committee to transportation-related include water quality improvement programs and projects in the Measure M renewal proposal. Mr. McKenney explained that the funding proposal could involve the allocation of a portion of Measure M revenues to each of the WMAs to carry out regional projects. For the next three to five years, the County will develop countywide and WMA capital improvement plans and budgets for water quality improvement projects. • Adopt Resolution No. OPCSD 05-_, in support of the County of Orange's efforts in the development and implementation of a regional water quality strategic plan. The Committee Chair directed staff to place the item on the agenda for the August Board meeting under the Non-Consent Calendar for approval. f \.(- Minutes of Ad Hoc Committee re Urban Runoff Page3 August3,2003 (9) OTHER BUSINESS. COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS. IF ANY There was no other business discussed. (10) MATTERS WHICH A DIRECTOR WOULD LIKE STAFF TO REPORT ON AT A SUBSEQUENT MEETING There were none. (11) MATTERS WHICH A DIRECTOR MAY WISH TO PLACE ON A FUTURE AGENDA FOR ACTION AND STAFF REPORT There were none. (12) CONSIDERATION OF UPCOMING MEETINGS No meeting date was set. (13) CLOSED SESSION There was no closed session. (14) ADJOURNMENT The Chair adjourned the meeting at 4:29 p.m. Submitted by: H:\cleptt.agenda\Ad Hoc Commiflees\Uroan Runofl\2003\052103 AH Committee Minutes.doc , Meeting Date 7/21/05 AD HOC COMMITTEE RE URBAN RUNOFF AGENDA REPORT I Item Number Orange County Sanitation District FROM: Robert P. Ghirelli, D.Env., Director of Technical Services Originator: Mahin Talebi, Source Control Manager SUBJECT: Regional Water Quality Strategic Plan Support Resolution GENERAL MANAGER'S RECOMMENDATION Adopt Resolution No. OCSD 05-22, in support of the County of Orange's efforts in the development and implementation of a Regional Water Quality Strategic Plan. SUMMARY To Bel. of Dir. 08/24/05 Item Number 12(b) • The Orange County Resource Development and Management Department (County) is developing a Regional Water Quality Strategic Plan (Regional Strategic Plan) to improve water quality related to urban runoff throughout Orange County. • The County's Regional Strategic Plan promotes: ~ An integrated regional approach among the County, Cities, and Special Districts to better coordinate and prioritize cost effective water quality improvement projects and programs within three defined watershed management areas within Orange County, ~ Funding strategies to effectively finance future and existing water quality programs, and ~ Governance options. • Larry McKenny, Manager of the Orange County Coastal Resources and Watershed Management Division, will brief the Committee on the Regional Strategic Plan. • As an acknowledgement of support and commitment to support the County's efforts, staff has drafted a support resolution for Board approval. PRIOR COMMITTEE/BOARD ACTIONS None PROJECT/CONTRACT COST SUMMARY N/A BUDGET IMPACT D This item has been budgeted. (Line item: ) D This item has been budgeted, but there are insufficient funds. cg) This item has not been budgeted. D Not applicable (information item) ADDITIONAL INFORMATION N/A ALTERNATIVES N/A CEQA FINDINGS N/A ATTACHMENTS • Proposed Resolution OCSD05-22 • Watershed Management Areas !' ,_ <'>- .. Page 2 RESOLUTION NO. OCSD 05- A RESOLUTION OF THE BOARD OF DIRECTORS OF THE ORANGE COUNTY SANITATION DISTRICT, ORANGE COUNTY, CALIFORNIA IN SUPPORT OF THE COUNTY OF ORANGE'S EFFORTS IN THE DEVELOPMENT AND IMPLEMENTATION OF A REGIONAL WATER QUALITY STRATEGIC PLAN ********* WHEREAS, the County of Orange is developing a Regional Water Quality Strategic Plan ("Strategic Plan") that specifically addresses opportunities for establishing a regional water quality implementation program including, governance options and funding alternatives; and WHEREAS, the purposes of the "Strategic Plan" include but are not limited to improving water quality related to urban runoff and encouraging greater program and project collaboration among the County of Orange, Cities and Special Districts including the Orange County Sanitation District ("Districf') within defined watershed management areas within Orange County; and WHEREAS, a Regional Water Quality Steering Committee, comprised of executive staff from the County, several Cities and Special Districts including the District and a member of the environmental community within Orange County, were assembled to participate in this effort; and WHEREAS, the County of Orange has identified the District as a principal stakeholder involved in the development and implementation of the County's Strategic Plan; and WHEREAS, on April 26, 2000, the District's Board of Directors adopted the Urban Runoff Resolution No. OCSD 00-04 to address urban runoff diversion to the District's sewerage system; and WHEREAS, the District has an established Urban Runoff Program and is authorized within its charter to accept, characterize and treat urban runoff, acquire, construct, operate, maintain, and furnish facilities for the diversion of urban runoff from drainage courses within the District's service area; and WHEREAS, the District's existing Urban Runoff Program will be an integral component to the Strategic Plan's regional objectives to improve water quality and address public health or environmental concerns associated with urban runoff discharge that cannot be otherwise economically or practically controlled. NOW, THEREFORE, the Board of Directors of Orange County Sanitation District of Orange County, California, does hereby support the County's efforts in the development and implementation of a Regional Water Quality Strategic Plan. Be it further resolved, the Board of Directors authorizes the Chairman of the Board to designate a member of the OCSD board of directors to serve as a member of the North Watershed Management Area committee at such time as the committee is formed and a request for participation is received from the County of Orange. ·sooG 'isnonv JO J\ep 4iYG at.n UC p1a4 SJOJ09J!O JO PJ1:?08 a41 JO DU!Jaaw JB1n6aJ B JB 03.LdOOV ONV 03SSVd i:.;'1 'fftt.lt J<I "1tN ·;··· ....... Wll{ l~::!l~~'Oi( ?~~~lC.M. Ali:t\C:;t TV'd.IJraO Q r MINUTES OF PLANNING. DESIGN. AND CONSTRUCTION COMMITTEE MEETING Orange County Sanitation District Thursday, August 4, 2005, at 5 p.m. A meeting of the Planning, Design, and Construction Committee of the Orange County Sanitation District was held on Thursday, August 4, 2005, at 5 p.m., in the District's Administrative Office. (1) ROLL CALL The roll was called and a quorum declared present, as follows: PDC COMMITTEE MEMBERS: Directors Present: Tod Ridgeway, Chair Norm Eckenrode, Vice Chair Charles Antos Alberta Christy Larry Crandall Patsy Marshall Darryl Miller Harry Sidhu Steve Anderson, Board Chair Directors Absent: Jill Hardy Jim Ferryman, Board Vice Chair (2) APPOINTMENT OF CHAIR PRO TEM No appointment was necessary. (3) PUBLIC COMMENTS There were none. (4) REPORT OF THE COMMITTEE CHAIR STAFF PRESENT: Blake Anderson, General Manager John Linder, Engineering Manager Matt Smith, Engineering Manager Tod Haynes, Construction Manager Larry Gibson, Engineering Supervisor Jim Burrer, Engineering Supervisor Dave May, Project Manager Penny Kyle, Committee Secretary OTHERS PRESENT: Committee Chair Tod Ridgeway polled the Directors and determined that due to a conflict with the League of Cities' conference being held the first week in October that they would meet on October 13, 2005. PDC Committee Minutes Page2 July 7, 2005 (5) REPORT OF THE GENERAL MANAGER Blake Anderson, General Manager, discussed the establishment and structure of an Ad Hoc Committee for CIP Oversight. He suggested the Committee would meet twice per year to review the progress of the prior year's authorized projects, the current fiscal year's projects, and those projects to be considered during the budgeting process for the following year's fiscal year. Directors agreed with the concept and requested the financial impact to rates be included to provide Directors with a better understanding and commitment to the rate structure required to adequately provide for the capital improvement program. It was determined the committee would work closely with staff to assist in the preparation of presentations to the Board of Directors. Board Chair Steve Anderson advised he would be appointing Directors from the FAHR, PDC and OMTS committees to serve on the ad hoc committee. The General Manager then announced that effective September 1, 2005, contracts administration for the Engineering Department would be turned over to the Purchasing/Contracts Division of the Finance Department. Updates on the transition will be provided in the future. (6) REPORT OF THE DIRECTOR OF ENGINEERING Matt Smith, Engineering Manager, referred the Directors to a handout regarding three projects that are currently in the construction phase that were designed by Lee & Ro. It was noted that Lee & Ro was not the principal designer for Area Classification Study Implementation Plan, Job No. J-35-2. Lee & Ro provided only the design for the piping system which equaled to approximately 20% of the total design. He noted that the changes orders for these projects that may be attributable to the engineering consultant's standard of care and quality control are categorized as "non-reimbursable design errors (omissions) and reimbursable design errors", and the rates are 0.52% for Job No. SP2000-26, and 0.08% for Job No. P2-47-3. Staff's conclusion was Lee & Ro are doing a satisfactory job for the Sanitation District. In response to Directors' questions and comments, Mr. Smith noted that staff have identified methods of improvement and are now more thorough during the design process. (7) REPORT OF GENERAL COUNSEL General Counsel was not present. At the request of Committee Chair Ridgeway, Blake Anderson provided an update on the Bushard Trunk Sewer project. He advised the settlement agreement with the contractor and pipe manufacturer would be discussed during closed session at the Steering Committee and Board of Directors' meeting on August 24, 2005. (8) CONSENT CALENDAR a. Receive, file, and approve minutes of the July 7, 2005 Planning, Design, and Construction Committee Meeting. Director Marshall abstained. b. CHANGE ORDER REPORTS -This item was pulled from the Consent Calendar for discussion. f 6 , ...,." PDC Committee Minutes Page3 July 7, 2005 c. PSA AND AMENDMENT REPORT Attached is the PSA and Amendment Report. This is an information only item. Action on PSAs and Amendments that require PDC Committee or Board approval will be taken separately. There were no PSAs and no Amendments approved by the General Manager from June 24 through July 21, 2005. d. FACILITIES ENGINEERING CONSULTANT ACTIVITY REPORT Attached is the Facilities Engineering Consultant Activity Report. This is an information only item. e. SANTAANA RIVER INTERCEPTOR RELOCATION AND PROTECTION STATUS REPORT Attached is the Santa Ana River Interceptor (SARI) Relocation and Protection Status Report. This is an information only item. f. BUSHARD TRUNK SEWER REHABILITATION REPORT Attached is the Bushard Trunk Sewer Rehabilitation Report. This is an information only item. g. PDCOS-77 This item was pulled from the Consent Calendar for discussion. h. PDC05-78 Recommend to the Board of Directors to approve time extensions to Cooperative Projects Grants Program, Job No. J-73, Contract Nos. 0202, 0301, and 0302 with the City of Anaheim; Contract No. 0102 with the City of Buena Park; Contract No. 0303 with the Garden Grove Sanitary District; Contract Nos. 0106, 0108, and 0126 with the City of La Habra; Contract No. 0304 with the Midway City Sanitary District; and Contract Nos. 0110 and 0212 with the City of Seal Beach. MOTION: It was moved, seconded and duly carried to approve the recommended actions specified as Items 8(a), (c) through (f), and (h). END OF CONSENT CALENDAR Consideration of items pulled from Consent Calendar: b. CHANGE ORDER REPORTS Attached is the Monthly Change Order Report and the Report of Construction Contracts with Potential Change Orders over Five Percent (5% ). This is an information only item. Action on change orders that require PDC Committee or Board approval will be taken separately. There are two change orders this month for PDC Committee approval. Director Miller requested clarifications on the percentage of change orders for Job Nos. J-35-2 and P2-4 7-3. Committee Chair Ridgeway advised additional information would be provided when Agenda Item Nos. 8(g) and 10(a) are considered. PDC Committee Minutes Page4 July 7, 2005 g. PDC05-77 Recommend to the Board of Directors to ratify Change Order No. 6 to Secondary Treatment Facilities Process Upgrades at Plant No. 2, Job No. P2-47-3, with Morrow-Meadows Corporation, authorizing an addition of $31,879 and a time extension of 21 calendar days, increasing the total contract amount to $5,916,918. In response to Directors' questions regarding two items of non- reimbursable design errors, staff advised these items were omitted from the drawings. Directors expressed concern on the number of items that are missed collectively with all projects and the higher costs the District must pay for those omitted items. Staff was requested to bring in a set of plans at the next meeting and demonstrate the reviewing process so the Directors would have a better understanding of the reviewing process. MOVED, SECONDED AND DULY CARRIED: Recommend to the Board of Directors to ratify Change Order No. 6 to Secondary Treatment Facilities Process Upgrades at Plant No. 2, Job No. P2-47-3, with Morrow-Meadows Corporation, authorizing an addition of $31,879 and a time extension of 21 calendar days, increasing the total contract amount to $5,916,918. Director Sidhu opposed. He requested his opposition be noted because he would like to see a policy change establishing guidelines for staff on plan reviews that would reduce the number of change orders. He also suggested that Lee & Ro should be held accountable for Item 3, additional grounding of the UPS system. 9. INFORMATIONAL ITEMS a. PDC05-79 Continuous Feed Chemical Treatment Facility, Job No. 1-96 Jim Burrer, Engineering Supervisor, advised that a Negative Declaration for this project has been released to the public and adoption by the Sanitation District is scheduled for September 28, 2005. Staff is negotiating terms and conditions for acquisition of the property required for the project. 10. ACTION ITEMS (Items a-f) a. PDC05-80 Recommend to the Board of Directors to ratify Change Order No. 13 for Area Classification Study Implementation Plan, Plant Nos. 1 and 2, Job No. J-35-2, with J. F. Shea Construction, Inc., authorizing an addition of $324,670, increasing the total contract amount to $17,295,353. Matt Smith, Engineering Manager, reported Lee & Ro designed approximately 20% of this project and Parsons Engineering Science designed 80%. Staff estimates the total change order amount for this project to be approximately 76% of the construction contract. In December 2004 and February 2005, staff reviewed the issues surrounding the numerous change orders and ways to prevent this situation from occurring again. This would include better project 'l PDC Committee Minutes Page5 July 7, 2005 b. PDC05-81 management by the Sanitation District staff and consultant staff, as well as more field verification of existing conditions during the design process. Mr. Smith advised that staff did not receive quality work from Parsons which ultimately led to a $310,667 credit to the Sanitation District by Parsons. Two more change orders will be requested and the project is scheduled to be closed out as complete in December 2005. In response to Directors' questions, staff suggested that another large project that will be similar is a cable tray project (Job No. J-47). Staff is considering different methods to manage this project in order to not incur the same problems. Directors requested changes be made to the budget charts to include showing reimbursable costs. They were concerned with the volume of design errors and the lack of accountability by some of the design firms, and suggested staff be less tolerant of design errors and provide more oversight. MOVED, SECONDED AND DULY CARRIED: Recommend to the Board of Directors to ratify Change Order No. 13 for Area Classification Study Implementation Plan, Plant Nos. 1 and 2, Job No. J-35-2, with J. F. Shea Construction, Inc., authorizing an addition of $324,670, increasing the total contract amount to $17,295,353. Director Sidhu opposed. Recommend to the Board of Directors to approve a sole source Professional Services Agreement with RBF Consulting to provide field survey monitoring, construction staking services and topographic aerial surveys for the Santa Ana River Interceptor Realignment and Protection, Contract No. 2-41, and Santa Ana River Interceptor 2005 Emergency Repairs from 10,000 CFS Release, Contract No. 2-41-4, for a total amount not to exceed $360,000. Matt Smith provided a brief report on the surveying services RBF has been supplying the District on the Santa Ana River Interceptor (SARI) line for the past seven years. Clarification was made that the reimbursement amounts shown on the budget tables have already been paid to the District. Concern was also expressed on the competitiveness of the rates quoted. Staff reported that an analysis of the fees was performed and that the rates are competitive. A motion was made to continue the item to the following month for additional information and comparative information. The motion failed by a hand vote of three ayes and five nays. PDC Committee Minutes Page6 July 7, 2005 MOVED, SECONDED AND DULY CARRIED: Recommend to the Board of Directors to (1) Ratify issuance of a purchase order for Santa Ana River Interceptor 2005 Emergency Repairs from 10,000 CFS Release, Contract No. 2-41-4,with RBF Consulting for aerial surveying for $103,000; and, (2) Approve a sole source Professional Services Agreement with RBF Consulting to provide field survey monitoring, construction staking services and topographic aerial surveys for the Santa Ana River Interceptor Realignment and Protection, Contract No. 2-41, and Santa Ana River Interceptor 2005 Emergency Repairs from 10,000 CFS Release, Contract No. 2-41, for a total amount not to exceed $257,000; and, FURTHER MOVED: That staff report to the PDC Committee, as work is done, on the survey cost expenditures under said agreement with RBF Consulting. Director Sidhu opposed. c. PDC05-82 Recommend to the Board of Directors to approve Amendment No. 3 to the Professional Services Agreement with Malcolm Pirnie, Inc., for Ellis Avenue Pump Station Rehabilitation, Job No. 1-10, providing for additional design engineering services for an additional amount of $313, 194, increasing the total amount not to exceed $3, 799,276. Staff reported that additional geotechnical work will be required because the pipelines will be tunneled. Also, a contingency fund of $100,000 is being requested because negotiations on a large amendment with Malcolm Pirnie are not complete, yet work must continue due to the time sensitive nature of this project. MOVED, SECONDED AND DULY CARRIED: Recommend to the Board of Directors to approve Amendment No. 3 to the Professional Services Agreement with Malcolm Pirnie, Inc., for Ellis Avenue Pump Station Rehabilitation, Job No. 1-10, providing for additional design engineering services for an additional amount of $313,194, increasing the total amount not to exceed $3,899,276. d. PDC05-83 Recommend to the Board of Directors to approve Addendum No. 8 to the Professional Services Agreement with Boyle Engineering Corporation for Bushard Trunk Sewer Rehabilitation, Job No. 1-2-4, providing for additional engineering construction support services for an additional amount of $1, 128,018, increasing the total amount not to exceed $3,4 73,938. Tod Haynes, Construction Manager, clarified this request was not the request for proposals for third-party construction management services as PDC Committee Minutes Page? July 7, 2005 discussed at the July 7, 2005 meeting. The construction management services request would be provided at the October committee meeting by Dave Ludwin, Director of Engineering. Mr. Haynes described the services Boyle Engineering would be providing, and the differences between construction management services and construction support services. He also reported on the importance of Boyle Engineering providing construction support services as the designer of the project. A motion was made to continue this item in October or November. In response to concerns over delaying the project and coordination efforts with the Ellis Avenue Pump Station Rehabilitation project and traffic impacts, a substitute motion was made, as follows: MOVED, SECONDED AND DULY CARRIED: Recommend to the Board of Directors to approve Addendum No. 8 to the Professional Services Agreement with Boyle Engineering Corporation for Bushard Trunk Sewer Rehabilitation, Job No. 1-2-4, providing for additional engineering services for an additional amount of $121,905, increasing the total amount not to exceed $2,467,825; and, FURTHER MOVED: The construction management services overview and request, and the request for Boyle to provide construction support services for baseline condition assessment, be continued and considered by the PDC Committee in October or November 2005. e. PDC05-84 MOVED, SECONDED AND DULY CARRIED: Recommend to the Board of Directors to approve a budget increase for an additional $1,495,000 for Electrical Equipment Refurbishment and Protection, Job No. SP-81, for a total of $5, 132,000. f. PDC05-85 Staff provided a brief report on the need for the project. Recommend to the Board of Directors to approve Amendment No. 5 to the Professional Services Agreement with Fluor Enterprises, Inc., providing for engineering services for the Space Allocation and Interior Renovation, Job No.J-84, for an additional amount of $590, 762, increasing the total amount not to exceed $2, 121,933. Matt Smith provided a brief report on the additional services that would be provided to address the long-term office space and facility needs of the Sanitation District's staff. Directors requested the item be tabled until staff was able to resubmit the report with additional information on the history of the project and justification. They also requested the report include pictures and drawing details. PDC Committee Minutes Page 8 July 7, 2005 (11) CLOSED SESSION There was no closed session. (12) OTHER BUSINESS. COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS. IF ANY Director Miller requested staff provide a report on DBO constraints placed on the Sanitation District, as well as some creative solutions and approaches to address the issue. (13) MATTERS WHICH A DIRECTOR WOULD LIKE STAFF TO REPORT ON AT A SUBSEQUENT MEETING There were none. (14) MATTERS WHICH A DIRECTOR MAY WISH TO PLACE ON A FUTURE AGENDA FOR ACTION AND STAFF REPORT There were none. (15) FUTURE MEETINGS DATES The next Planning, Design, and Construction Committee Meeting is scheduled for Thursday, September 1, 2005 at 5 p.m. (16) ADJOURNMENT The Chair declared the meeting adjourned at 7: 10 p.m. Submitted by: H:\dept\agenda\PDC\2005\Minutes\080405 PDC Minutes.doc \ PDC COMMITTEE Meeting Date To Bd. of Dir. 08/04/05 08/24/05 AGENDA REPORT Item Number Item Number Orange County Sanitation D1stnct FROM: David A. Ludwin, Director of Engineering Originator: Bob Schirripa, Project Manager PDC05-77 SUBJECT: SECONDARY TREATMENT FACILITIES PROCESS UPGRADES AT PLANT NO. 2, JOB NO. P2-47-3 GENERAL MANAGER'S RECOMMENDATION Ratify Change Order No. 6 to Secondary Treatment Facilities Process Upgrades at Plant No. 2, Job No. P2-47-3, with Morrow-Meadows Corporation, authorizing an addition of $31 ,879 and a time extension of 21 calendar days, increasing the total contract amount to $5,916,918. SUMMARY • Job No. P2-47-3 provides for the rehabilitation of electrical equipment, instrumentation, and controls at the Activated Sludge Treatment Process (Secondary Treatment Plant) located at Plant No. 2. • Lee & Ro prepared the plans and specifications and the contract was awarded to Morrow-Meadows Corporation on September 24, 2003. 13(b) • This change order includes five items of added work and a 21-day time extension. There are two non-reimbursable design errors and no reimbursable design errors associated with this change order. The contract includes liquidated damages at $2 ,000 per day and no bonus provisions. Contract Schedule Contract Start Date Original Contract Completion Date Total Number of Change Orders to Date Current Contract Completion Date Actual Completion Date Days Subject to Liquidated Damages November 6, 2003 March 4, 2005 6 October 6, 2005 N/A N/A Page 1 Change Order No. 6 Content Item Description Amount Days Type No. 1 Additional Stainless Steel Rings Non-reimbursable $6,693 0 Design Error 2 Modify UPS Systems Staff Requested $3,843 0 Design Chanqe 3 Additional Grounding of the UPS Non-reimbursable Systems $3,085 0 Design Error 4 Replacement of Corroded Conduit Unknown Condition Fittings $14,027 0 5 PEPS Enclosure Addition $4,231 0 Other 6 Time Extension for Additional Staff Requested Required Shutdowns $0 21 Design Chanqe Total Change Order No. 6 $31,879 21 Item 1 adds stainless steel support rings to the steel pipe that houses the ultrasonic sensor located in the Primary Effluent Pump Station (PEPS) wet well. The pipe sleeve support was omitted from the contract documents, and is necessary to support the ultrasonic sensor used for the PEPS wet well level indication. Item 2 modifies the UPS Systems for the OASES Control Room and the East and West RAS/WAS Pump Control Rooms. These modifications were required in order to comply with recently revised Uninterruptible Power Supply (UPS) District Standards and were not included in the contract documents. Item 3 adds a grounding electrode to each of the UPS Systems. In accordance with the National Electrical Code, all UPS Systems require a neutral ground. This safety requirement was omitted from the contract documents. Item 4 replaces corroded conduit fittings for miscellaneous aeration devices located on the East Side Aeration Deck. During the Construction phase, it was discovered that several miscellaneous fittings located on the East Side Aeration Deck had severely corroded due to the ocean environment. The corrosive condition was not discovered during the design phase because it is prevalent on the inside of the conduit. These replacements were required in order to ensure continuous reliable operation of the Secondary Treatment Plant. Item 5 adds a Remote Input/Output (RIO) panel to the PEPS. This new panel is required in order to support the design of the new P2-74 project, and was not included in the contract documents. It was determined that this added work will avoid future conflicts due to available space concerns and it was more cost effective to install at this time. Item 6 is for a time extension in order to accommodate a phased start-up of the East Side Aeration Basins. This requirement was imposed on the Contractor by Operation's staff in order to ensure continuous reliable secondary treatment during the commissioning phase of the East Side Aeration Basins in order to prevent any potential NPDES Ocean Discharge Permit Violations. Page 2 , Job Completion The project is now 85% complete. PRIOR COMMITTEE/BOARD ACTIONS The contract was awarded by the Board of Directors on September 24, 2003. Please refer to the attached Change Order Status Report for information on all previous change orders. PROJECT/CONTRACT COST SUMMARY Original Contract Price Previously Authorized Changes This Change (add)(doduot) Change Orders to Date Percentage Increase to Date Amended Contract Price $ 4,712,000 $ 1, 173,039 $ 31,879 $ 1,204,918 25.57% $ 5,916,918 Note: This project has performed extra work that was planned to be included in other jobs. Staff determined that the extra work was similar to the project scope and would avoid conflicts and saves costs to the overall construction program. Work associated with three separate projects was removed from their project scopes and added to the P2-4 7-3 project. Tho cost associated with these additions was $855,464. Without these additions the total change order percentage for the P2-47-3 project would be 7.42%. BUDGET IMPACT IZI This item has been budgeted. (Line item: Section 8 -Page 64) D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. D Not applicable (information item) ADDITIONAL INFORMATION None ALTERNATIVES None Page3 CEQA FINDINGS This project was included in the Strategic Plan EIR that was certified on October 27, 1999. A Notice of Determination was filed on October 29, 1999. ATTACHMENTS 1. Budget Information Table 2. Change Order Status Report 3. Change Order 4. Location and Photo Description of Change Order CH:dm:eh H:\ntglobal\Agenda Draft Reports\PDC\P2-47-3 AR C0#6 080405.doc Page4 ' • PROJECT/PHASE ... .. . Phase 1 -Project Development Phase 2 -Preliminarv Desian Phase 3 -Design Phase 4 -Construction Phase 5 -Commissionina Phase 6 -Close-Out Phase 7 -Contingency PROJECT TOTAL !Reimbursable Costs PROJECT NET Design PSA Construction Contract EDMS 003792049 BUDGET INFORMATION TABLE SECONDARY TREATMENT FACILITIES PROCESS UPGRADES AT PLANT NO. 2 P2-47-3 ORIGINAL. AUTHORIZED BUDGET $ - $ 6,000 $ 677,002 $ 6,697,000 $ 158,906 $ 39,977 $ 1, 124, 115 $ 8,703,000 $ 8,703,000 $ 637,709 $ 5,617,217 $ $ $ $ $ $ $ $ $ $ $ CURRENT PROJECT·· BUDGET - 6,000 677,002 7,034,980 102,780 25,945 856,293 8,703,000 8,703,000 637,709 5,885,039 $ $ $ $ $ $ $ $ $ $ PROPOSED BUDGET ·INCREASE /DECREASE - - - 31,879 - - (31,879) - 31,879 $ $ $ $ $ $ $ $ $ $ ·' : 1•' $ 6,000 $ 6,000 $ 677,002 $ 677,002 $ 7,066,859 $ 7,034,980 $ 102,780 $ 102,780 $ 25,945 $ 25,945 $ 824,414 $ -$ 8,703,000 $ 7,846,707 $ 11 8,703,000 $ 7,846,707 $ PSA/Contract 637,709 $ 637,709 $ 5,916,918 $ 5,885,039 $ - - - 31,879 - - - 31,879 P~O~OS~D TOtAL ESTIMATED. AUTHORiZATION EXPENDITURE . ESTiMATED EXPENDED TO . 'DATE(%) TO DATE $ -$ 260 0% $ 6,000 $ 6,426 107% $ 677,002 $ 687 ,382 102% $ 6,856,455 $ 6,494,884 95% $ 102,780 $ 104,616 102% $ 25,945 $ 0% $ -$ 0% $ 7,668,182 $ 7 ,293,568 95% 0% 31,879 $ 7,668,182 $ 7,293,568 95% -$ 637,709 $ 572,841 90% 31,879 $ 5,916,918 $ 5,040,456 85% ITEM CHANGE ORDER STATUS REPORT SECONDARY TREATMENT FACILITIES PROCESS UPGRADES AT PLANT NO. 2 JOB NO. P2-47-3 APPROVAL CONTRACT CONTRACT COST PERCENTAGE AUTHORIZED DATE COST TO DATE INCREASE TIME (DAYS) CONTRACT 9/24/2003 $4,712,000 $4,712,000 0.00 485 CO N0.1 10/27/2004 $205,903 $4,917,903 4.37 0 CO NO. 2 12/15/2004 $12,765 $4,930,668 4.64 0 CO NO. 3 2/23/2005 $331,811 $5,262,479 11.11 0 CO N0.4 3/23/2005 $526,958 $5,789,437 22.87 215 CO N0.5 5/25/2005 $95,602 $5,885,039 24.89 0 . CQN0.6 Pending $31,879 . $5,916,918 25~57 . 21 .. EDMS 003792050 . -. ,,,. AUTHORIZED TIME TO DATE (DAYS) 485 485 485 485 700 700 721 ' Contractor: Job: Consultant: ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Morrow-Meadows Corporation C.O. No.: Date: Secondary Treatment Facilities Process Upgrades at Plant No. 2 Job No. P2-47-3 Lee & Ro Page 1of6 Six (6) Auqust24.2005 Amount of this Change Order (Add)(Deeuct) $31 .879.00 In accordance with contract provisions, the following changes in the contract and/or contract work are hereby authorized and as compensation, the following additions to or deductions from the contract price are hereby approved. ITEM 1 -ADDITIONAL STAINLESS STEEL RINGS This item is for labor, material, and equipment needed to weld support rings to the top and bottom of the 316 Stainless Steel Schedule 80 pipe that supports the ultrasonic sensor located in the Primary Effluent Pump Station wet well. This item included three 1-inch x 11-inch outside diameter circular stainless steel plate flanges, one %-inch x 5 feet long stainless steel all thread rod, and, thirteen %-inch stainless steel nuts and washers. The pipe sleeve support was omitted from the contract documents, and is necessary to support the ultrasonic sensor. The work associated with this change order item was accomplished by the Contractor's force account in accordance with Division 1 , Section 44.B.1 of the General Requirements (Reference FCO No. 34 ). ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 2 -MODIFY UNINTERUPTIBLE POWER SUPPLY (UPS) SYSTEMS $6,693.00 0 Calendar Days This item is for labor, material, and equipment needed to modify the Uninterruptible Power Supply (UPS) Systems for the OASES Control Room and the East and West RAS/WAS Pump Control Rooms as specified in the contract drawings. The following summarizes major cost items required to complete the work: 1. Delete external UPS batteries and install UPS systems in the East RAS control room, West RAS control room, and the OASES control room. 2. Contractor to revise the feed from the OASES UPS to lighting panel. 3. Contactor shall provide additional conduit (30 feet of 1 %-inch PVC Coated Aluminum Pipe) and wiring (440 feet of #6 wire) as shown on Drawing E6202 Rev 1 -Conduit Schedule, and, two pole breakers as shown on Drawing E6011 Rev 1 -Panel Schedules and Drawing E6009 Rev 1 -UPS diagrams for 240 volt service. Contractor: Job: Consultant: ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Morrow-Meadows Corporation C.O. No.: Date: Secondary Treatment Facilities Process Upgrades at Plant No. 2 Job No. P2-47-3 Lee & Ro Page 2of6 Six (6) August 24. 2005 Following the design phase of this project, District staff revised the UPS guidelines and deleted the 90-minute battery backup requirement when the UPS is on a circuit with backup diesel generators. The UPS has a 10-minute interval battery, which is adequate to maintain power during diesel generation start-up. These minor modifications were necessary to comply with the new District UPS Standards. The work associated with this change order item was accomplished by the Contractor's force account in accordance with Division 1, Section 44.B.1 of the General Requirements (Reference FCO No. 38). ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $3,843.00 0 Calendar Days ITEM 3 -ADDITIONAL GROUNDING OF THE UNINTERUPTIBLE POWER SUPPLY (UPS) SYSTEMS This item is for labor, material, and equipment needed to add grounding electrodes to each of the Uninterruptible Power Supply (UPS) Systems (OASES Control Room and the East and West RAS/WAS Pump Control Rooms). This item included 50 feet of %-inch PVC Coated Aluminum Conduit, 100 feet of #8 wire, and miscellaneous stainless steel bolts, nuts, washers, and fittings necessary to complete the installation. In accordance with the National Electrical Code, all UPS Systems require a separately derived ground. This grounding provision was omitted from the contract documents. The work associated with this change order item was accomplished by the Contractor's force account in accordance with Division 1, Section 44.B.1 of the General Requirements (Reference FCO No. 39). ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $3,085.00 0 Calendar Days '\ Contractor: Job: Consultant: ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Morrow-Meadows Corporation C.O. No.: Date: Secondary Treatment Facilities Process Upgrades at Plant No. 2 Job No. P2-47-3 Lee & Ro ITEM 4 -REPLACEMENT OF CORRODED CONDUIT FITTINGS Page 3of6 Six (6) August24.2005 This item is for labor, material, and equipment needed to replace severely corroded fittings for miscellaneous aeration devices located on the East Side Aeration Deck. This item included 50 feet of %-inch Seal Tite Flexible Connectors, 30 %-inch standard OCAL Connectors, 18 %-inch 45 degree standard OCAL connectors, and 36 %-inch 90 degree standard OCAL connectors. This contract includes work to remove all power and control conductors which violate the NEC Cable Tray Requirements for MCCs, RASE-1, RASE-2, RASE-3, and RASE-4, and replace them with tray rated cable. During the Construction phase, it was discovered that several miscellaneous fittings located on the East Side Aeration Deck had severely corroded due to the ocean environment. The corrosive condition was not discovered during the design phase because it is prevalent on the inside of the conduit. New fittings are needed for these devices in order to provide for reliable operation of the Secondary Treatment process. The work associated with this change order item was negotiated with the Contractor in accordance with Division 1, Section 43.B.1 of the General Requirements (Reference FCO No. 46). ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 5-PRIMARY EFFLUENT PUMP STATION (PEPS) ENCLOSURE ADDITION $14,027.00 0 Calendar Days This item is for labor, material, and equipment needed to provide and install a new 90-inch x 36-inch x 24-inch NEMA 12 Remote Input/Output (RIO) enclosure located between the new Primary Effluent Pump Station (PEPS) PLC Panel and the new PEPS Pump #3 Variable Frequency Drive (VFD #3). The contract specified location of the new PEPS VFD #3 conflicts with the proposed location of the RIO panel included in the future P2-74 project. In an effort to coordinate the two projects (Job Nos. P2-4 7-3 and P2-7 4 ), and avoid and any potential future costly conflicts, District staff required addition of the new RIO enclosure under the P2-4 7-3 project during the layout and installation of the new P2-47-3 electrical equipment (PEPS PLC and VFD #3). This requirement was undertaken in order to eliminate conflicts with electrical equipment installed under the two projects. The work associated with this change order item was negotiated with the Contractor in accordance with Division 1, Section 43.B.1 of the General Requirements (Reference FCO No. 50). ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $4,231.00 0 Calendar Days Contractor: Job: Consultant: ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Morrow-Meadows Corporation C.O. No.: Date: Secondary Treatment Facilities Process Upgrades at Plant No. 2 Job No. P2-47-3 Lee & Ro ITEM 6 -TIME EXTENSION FOR ADDITIONAL REQUIRED SHUTDOWNS Page4 of6 Six (6) August24.2005 This item is to extend the contract duration in order to accommodate a phased start-up of the East Side Aeration Basins. The East Side Aerations Basins have been non-operational for almost ten years. A time impact analysis was conducted as a result of additional non-contract specified shutdown procedures imposed upon the Contractor by Operation's Staff. The additional shutdowns have been requested in order to phase the start-up (two Reactors at a time} of the East Side Aeration Basins. This requirement will ensure continuous reliable Secondary Treatment during the commissioning phase of the East Side Aeration Basins in order to prevent any potential NPDES Ocean Discharge Permit Violations. The work associated with this change order item was negotiated with the Contractor in accordance with Division 1, Section 43.B.1 of the General Requirements (Reference FCO No. 51 ). ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: TOTAL ADDED COSTS THIS CHANGE ORDER: TOTAL TIME EXTENSION THIS CHANGE ORDER: $0.00 21 Calendar Days $31,879.00 21 Calendar Days , ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 5of6 Contractor: Morrow-Meadows Corporation C.O. No.: Date: Six (6) August24.2005 Job: Secondary Treatment Facilities Process Upgrades at Plant No. 2 Job No. P2-47-3 Consultant: Lee & Ro The additional work contained within this change order can be performed incidental to the prime work and within the time allotted for the original contract and any extensions to the contract time made by this and all previously issued change orders. It is therefore mutually agreed that a 21 day extension of time to perform the work is required for this change order. District and Contractor agreed that the added costs described above constitutes full and equitable consideration for all the impacts occurred by the Contractor, and no other direct or indirect, incidental or consequential costs, expenses, losses, or damages have been or will be incurred by Contractor, except as expressly granted and approved by this change order. SUMMARY OF CONTRACT TIME Original Contract Date: Original Contract Time: Original Completion Date: Time Extension this C.O.: Total Contract Time Extension: Revised Contract Time: Revised Final Completion Due Date: Time Subject to Liquidated Damages: Actual Final Completion Date: November 6, 2003 485 Calendar Days March 4, 2005 21 Calendar Days 236 Calendar Days 721 Calendar Days October 27, 2005 N/A N/A Original Contract Price Prev. Authorized Changes This Change (Add) (De9~ct) Amended Contract Price $ 4.712.000 $1.173.039 $ 31.879 $ 5.916.918 ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Contractor: Morrow-Meadows Corporation C.O. No.: Date: Job: Secondary Treatment Facilities Process Upgrades at Plant No. 2 Job No. P2-47-3 Consultant: Lee & Ro Board Authorization Date: August 24, 2005 ORANGE COUNTY SANITATION DISTRICT Recommended by: Tod Haynes, P.E. Date Engineering and Construction Division Manager Approved by: David A. Ludwin P .E. Director of Engineering Accepted by: MORROW-MEADOWS CORPORATION Contractor EDMS 003792069 Date Date I Page 6of6 Six (6) August 24. 2005 I PDC COMMITTEE Meeting Date To Bet of Dir. 08/04/05 08/24/05 AGENDA REPORT Item Number Item Number Orange County Sanitation District FROM: John Linder, Engineering Manager Originator: Ann Tobin, Engineer PDC05-78 SUBJECT: COOPERATIVE PROJECTS GRANTS PROGRAM, JOB NO. J-73 GENERAL MANAGER'S RECOMMENDATION 13(c) Approve time extensions to Cooperative Projects Grants Program, Job No. J-73, Contract Nos. 0202, 0301 , and 0302 with the City of Anaheim; Contract No. 0102 with the City of Buena Park; Contract No. 0303 with the Garden Grove Sanitary District; Contract Nos. 0106, 0108, and 0126 with the City of La Habra; Contract No. 0304 with the Midway City Sanitary District; and Contract Nos. 0110 and 0212 with the City of Seal Beach. SUMMARY • On June 28, 2005 the Cooperative Projects Grants Committee recommended approval of time extensions to the contracts listed above and described below. • City of Anaheim requires time extensions to Contract Nos. 0202, 0301 , and 0302 to complete Close Circuit Television (CCTV) inspection, flow monitoring and condition assessments. • City of Buena Park requires a time extension for Contract No. 0102 to complete its master plan. • Garden Grove Sanitary District and Midway Sanitary District require time extensions to Contract Nos. 303 and 304 to complete the Pacific and 141h Street Sewer Project. • City of La Habra requires time extensions to Contract Nos. 0106, 0108, and 0126 to complete an infiltration and inflow (I/I) study, master plan, and sewer replacement on Cajon Drive. • City of Seal Beach requires time extensions to Contract Nos. 0110 and 0212 to complete project deliverables and assemble reimbursement request. BUDGET IMPACTS !XI Item (1) has been budgeted. (FY2005-2006 Section 5, p. 4) D This Item has been budgeted, but there are insufficient funds. D This item has not been budgeted. D Not applicable (information item) Page 1 ADDITIONAL INFORMATION Time Extensions AGENCY CONTRACT GRANT APPROVED NEW NEW AMEND REASON FOR REQUEST NO. NOTTO COMPLETE COMPLETE INVOICE NO. EXCEED DATE DATE DATE AMOUNT City requires more time to City of Anaheim CP-0202 $1,200,000 05/31/05 9/30/05 11/30/05 2 complete project and prepare reimbursement request. City requires more time to City of Anaheim CP-0301 $175,000 09/30/04 9/30/05 11/30/05 2 complete project and prepare reimbursement request City requires more time to City of Anaheim CP-0302 . $1,110,000 12101/05 07/01/05 071011106 2 complete project and prepare reimbursement request City of Buena CP-0102 $60,000 06/30/05 09/30/05 10/31/05 3 City requires more time to Park complete master plan. Garden Grove CP-0303 $20,800 01/01 /05 07/01/06 09/01/06 1 Project rebid in 2004. Completion anticipated by Sanitary District July 2006. City of La CP-106 $107,350 10/29/04 09/01/05 10/01/05 3 City requires more time to Habra review draft study. City of La CP-108 $164,750 10/29/04 10/10/05 11/01/05 5 City requires more time to Habra review draft study. Project delayed pending City of La CP-126 $125,000 03/10/05 7/01/06 09/01 /06 2 completion of I/I study and Habra master plan. Project rebid in 2004. Midway City CP-0304 $159,200 01/01 /05 7/01/06 09/01 /06 1 Completion anticipated by Sanitary District July 2006. City of Seal City requests extension to CP-0110 $20,000 04/30/02 6/30/03 08/31/05 1 assemble reimbursement Beach request. City requests extension to City of Seal CP-0212 $263,053 06130104 6/30/05 08/31/05 1 complete project Beach deliverable and assemble reimbursement reauest. Th e City of Anaheim requests time extensions for Contract Nos. 0202, 0301 , 0302 in order to complete project deliverables and assemble reimbursement requests. The City of Buena Park requests a time extension for Contract No. 0102 to complete its master plan. Contract No. 0102 was originally executed in 2002, and subsequently amended. The master plan will not be completed by the current expiration date. The City of Buena Park continues to work on its master plan. Garden Grove Sanitary District and Midway City Sanitary District request tim e extensions to Contract Nos. 0303 and 0304 for the Pacific and 14th Street Sewe r Project. On March 24, 2004, the Board approved funding for the project. According to the terms of the original contracts, the project would qualify for reimbursement upon completion in January 2005. After an unsuccessful initial bid process, Midway City Sanitary District rebid the project and started constructi on in 2004, and now expects th e proj ect to be completed by July 2006. Page 2 -.. ' .. The City of La Habra requests time extensions for expired Contract Nos. 0106, 0108, and 0126. Contract Nos. 0106 and 0108 were originally executed in 2001 to provide funding for an I/I study ($93,750) and a master plan ($40,000). Both contracts were amended to extend the term of the contract and to provide additional funding. To date, a total of $107,350 of grant funding has been approved for the I/I study and a total of $164,750 for the master plan. The City of La Habra anticipates completing these studies soon. Contract No. 0126 was executed in 2002 to provide a grant for sewer replacement. The sewer replacement work has not yet been initiated, but is expected to be completed by July 1, 2006. The City of Seal Beach requests time extensions for Contract Nos. 011 O and 0212. Contract No. 011 O executed in 2001, allocated funding for a rate study which was completed in April 2003. Contract No. 0212 executed in 2002, allocated funding for CCTV work in the Marina Hill and Bridgeport areas of Seal Beach. The CCTV work was completed in 2004. Time extensions for these contracts will allow Seal Beach to complete the project deliverables and collect reimbursement for work that has been completed. ALTERNATIVES Do not approve time extensions. CEQA FINDINGS Local agencies are responsible for CEQA compliance. ATTACHMENTS None JL:AT:sa:gc H:\ntglobal\Agenda Draft Reports\PDC\J-73 CPGP Agenda Report 062805.doc Page3 f < -f PDC COMMITTEE Meeting Date 08/04/05 AGENDA REPORT Item Number PDC05-80 Orange County Sanitation District FROM: David Ludwin, Director of Engineering Originator: Umesh Murthy, GIP Project Manager SUBJECT: AREA CLASSIFICATION STUDY IMPLEMENTATION PLAN PLANT NOS. 1 AND 2, JOB NO. J-35-2 GENERAL MANAGER'S RECOMMENDATION To Bd. of Dir. 08/24/05 Item Number 13(d) Ratify Change Order No. 13 tor Area Classification Study Implementation Plan , Plant Nos. 1 and 2, Job. No. J-35-2, with J. F. Shea Construction, Inc., authorizing an addition of $324,670 increasing the total contract amount to $17,295,353. SUMMARY • This project implements a study of Plant Nos. 1 and 2 to comply with the National Electrical Code (NEC) and NFPA 820 Standards. The.work includes modification of ventilation systems to meet the code requirements, replacement or modification of electrical systems, installation of a tire alarm system in the tunnels, and replacement/relocation of digester and natural gas piping. • The plans and specifications were prepared by Parsons Engineering Science/ Lee & Ro, and the contract was awarded to J.F. Shea Construction, Inc., on June 26, 2002. • Change Order No. 13 includes 26 items of added work. There is one reimbursable design error and 14 non-reimbursable design errors associated with this change order. The contract includes liquidated damages of $3 ,000 per day and no bonus provisions. • This project includes extensive rehabilitation of existing electrical and ventilation systems at both Plant Nos. 1 and 2. Staff estimates the total change order amount tor this job to be 26% of the construction contract. In December 2004, and again in February 2005, staff reviewed the issues surrounding the numerous change orders and ways to prevent this situation from occurring again. This includes better project management by both District and consultant staff and more field verification of existing conditions during the design process. Staff also explained that they felt the District did not receive the quality work from the Design Consultant (Parsons) that was paid tor and how this led to a $310,667 credit to the District by Parsons. Revised: 06/04/03 Page 1 Contract Schedule Contract Start Date Original Contract Completion Date Total Number of Change Orders to Date Current Contract Completion Date Actual Completion Date Projected Completion Date Days Subject to Liquidated Damages Change Order No. 13 Content Item Description No. Gas Compressor Building Mechanical 1 and Electrical Modifications Plant No. 2 Digester Pipe Support 2 Modifications 3 Digesters D and H Electrical Modifications 4 Digesters C and D Valve and Valve Control Modifications 5 Digesters 11-16 Electrical Modifications 6 Diqesters R and S Electrical Additions Gas Compressor Building Fan Control 7 Modifications Digester Gas Storage Tank Electrical 8 Modifications 9 Digesters I and J Electrical Modifications 10 North Scrubber Complex Electrical Modifications Gas Compressor Building Electrical 11 Modifications Primary Clarifiers D and E Electrical 12 Additions 13 Diqital Proqramminq Card Addition 14 Power Building B Electrical Modification Digesters 7 and 8 Electrical 15 Modifications Revised: 06/04/03 Amount $7,400 $2,413 $7,683 $58,693 $10,014 $8, 193 $13,556 $31 ,972 $10,451 $15,362 $21 ,575 $23,574 $16,384 $3,326 $7,550 September 16, 2002 June 17, 2005 13 June 17, 2005 N/A October 2, 2005 TBD Days Type Non-Reimbursable 0 Desiqn Error Staff Requested 0 Design Change Non-Reimbursable 0 Design Error Non-Reimbursable 0 Design Error Staff Requested 0 Design Change Non-Reimbursable 0 Desiqn Error Staff Requested 0 Design Change Staff Requested 0 Desiqn Chanqe Non-Reimbursable 0 Design Error Non-Reimbursable 0 Design Error Staff Requested 0 Design Change Non-Reimbursable 0 Desiqn Error 0 Unknown Condition Staff Requested 0 Design Change Non-Reimbursable 0 Desiqn Error Page 2 ) ' ;· Combustible Gas Detector Non-Reimbursable 16 Modifications $21,866 0 Design Error Clarifiers P and Q Electrical Staff Requested 17 Modifications $7,924 0 Desian Change Non-Reimbursable 18 Digesters 11-14 Electrical Additions $11,737 0 Desian Error Staff Requested 19 Digester H Structural Modification $5,573 0 Design Change Non-Reimbursable 20 Clarifier 5 Structural Addition $6,339 0 Design Error Non-Reimbursable 21 Kinnison Tunnel Structural Addition $5,880 0 Design Error Staff Requested 22 Digesters A-T Electrical Modifications $7,625 0 Design Change Gas Compressor Building Structural Non-Reimbursable 23 Modification $35,137 0 Design Error Reimbursable 24 Power Building 3A Electrical Addition $4,134 0 Design Error M & D and Gas Compressor Building Non-Reimbursable 25 Lighting Modifications $3,980 0 Design Error Staff Requested 26 Electrical Deletion ($23,671) 0 Desian Change Total Change Order No. 13 $324,670 0 Item 1 is for relocating the existing backup instrument air compressor electrical conduits and cable in the Gas Compressor Building Basement to tunnels 9 and 13 intersection. The compressor is not rated for the Class 1 Div. 1 classification in the Gas Compressor Basement. This work was necessary to comply with NFPA 820, and was not included in the contract documents. Item 2 is for relocation of two pipe supports on Digesters 5 and 6 and providing lock washers for all overhead digester gas pipes at Plant No. 1. The change from a common washer to a lock and common washer was made to ensure that there will be no pipe anchor loosening due to temperature variations in the future. This staff requested change is expected to provide a better connection for the anchors and reduce or eliminate future maintenance for the pipe anchors. Item 3 is for installation of gas condensate drain flow switch and solenoid valve at Digester H instead of the contract-required Digester D location. This was necessary because associated drain piping was located at Digester H. Item 4 is for furnishing and installing seals, explosion proof fittings, limit switches, solenoid valves, flexible conduit, wire, and explosion proof valve control stations. The work is necessary to comply with NFPA 820 code requirements but not shown in the contract documents. Revised: 06/04/03 Page3 Item 5 is for furnishing labor and materials to modify the existing fan control panel wiring and wiring to and from the new supply and exhaust fans at Digesters 11-16. This work was necessary to implement staff requested changes for the new fans and new and existing fan control panels to provide more flexibility in fan operation than allowed in the original contract documents. Item 6 is for replacement of existing explosion proof fittings and electrical seals on Digesters Rand S pump room roof which were not shown on contract drawings. This work was necessary to meet NFPA 820 for this area. Item 7 is for furnishing and installing local lockout/ tagout push button fan control stations for the existing Gas Compressor Building roof and basement air supply and exhaust fans. This change was requested by staff to provide a safe lockout system for fans. Item 8 is for furnishing and installing various electrical explosion proof boxes, deletion of unclassified electrical boxes and change of level and pressure sensors needed to monitor gas pressure and gas levels in the Plant No. 2 Gas Storage Tank. These changes were necessitated due to staff's request to provide more access for operators to be able to make daily observations of gas level and pressure readings. Item 9 is for furnishing and installing seals on conduits at Digesters I and J pump galleries, and deletion of unneeded lights and switches in unclassified areas above the pump galleries. These changes from the contract drawings were made to comply with NFPA 820. Item 10 is for relocating the scrubber sump pump control panel at the Plant No. 2 North Scrubber Complex. The contract drawings did not require this existing control panel to be upgraded to meet NFPA 820 or to relocate the panel. This change is needed in order to comply with NFPA 820. Item 11 is for labor and materials to consolidate two new relay control panels in the Plant No. 1 Gas Compressor Building Control Room for the gas detection and ventilation duct smoke detectors into one new panel. There is very limited wall space in the Control Room and installing the two separate relay panels eliminated remaining wall space for any future panel placement. This change to one panel was requested by staff to retain spare wall space in the Control Room for any future plant modifications and to provide usable work area for O&M staff in this room. Item 12 includes work at Plant No. 2 Primary Clarifiers D and E for modifying existing electrical conduits, warning light fixtures, and a fan control station. Other work included is installing new conduits for the warning light relays installed in the Remote Input/Output (RIO) cabinet replacement of sump pump seals, relocation of a bubbler panel and deletion of air flow indicators. This work was not included on the contract drawings and is required to comply with NFPA 820. Item 13 is for furnishing five refurbished computer programmable logic cards in lieu of programmable logic cards specified in contract documents at various RIO panels in Plant Nos. 1 and 2 where new fan controls are used. This change was dictated by the Revised: 06/04/03 Page4 \ • .. fact that the manufacturer no longer manufactures this contract specified card. OCSD standard design package requires this specific card to power digital inputs to the CRISP system and new cards were not available. Item 14 is for furnishing additional conduit and fiber optic cable for new fire alarm panel in Plant No. 2 Power Building B to keep it separate from existing CRISP work station. This modification was requested by staff to eliminate any modifications to the fire alarm communications system due to planned future changes to the existing CRISP Station. Item 15 is for furnishing and installing explosion proof solenoid valves and associated stainless steel tubing and fitting for Digester 7 and 8 sludge valves that were not shown on the contract drawings. These changes were required to comply with NFPA 820. Item 16 is for modifications to existing combustible gas detector stations at 14 locations in Plant Nos. 1 and 2 and for furnishing new explosion proof seals at each of the new gas detector locations. The contract drawings did not provide the needed seals or vertical height mounting required for the gas detectors. These changes were required to comply with NFPA 820. Item 17 is for furnishing labor and materials for relocated air supply fan electrical power and control conduits and cable at Primary Clarifiers P and Q pump room. The fan inlet location shown on contract drawings was relocated away from the pump room entrance at staff request to provide unobstructed access to the building for equipment removal. Item 18 is for providing modifications to the existing Remote Input/Output panel in the Plant No. 1 Digester Control Room (Digesters 11-14). These modifications consist of installing new relays and mounting these relays in the panel. This change was necessitated when it was noticed that the existing PLC cards required these relays due to the presence of different power sources being used for the individual cards. This change was needed to eliminate the possibility of future card failure from the use of different power sources. Item 19 is for furnishing a hatch that allows easy access and entry into the tunnel at Digester H in lieu of a fixed plate over the opening to the tunnel. This change was requested by staff to allow quick and easy access to the tunnel for operation and maintenance activities. No other such access exists for this area. Item 20 is for furnishing and installing a new handrail for a new stairway installed at Primary Clarifier 5. The contract plans did not provide for a handrail for this stairway. The handrails are required to comply with OSHA fall protection standards. Item 21 is for additional labor and materials to provide an effective gas tight seal at the connection of new stainless steel tunnel cover plates to the existing tunnel cover over Kinnison Tunnel by Digesters C and D. The typical sealing detail shown on the contract drawings was not adequate to provide a gas tight seal between the new tunnel cover and the existing tunnel cover. This change was required to meet NFPA 820 requirements. Revised: 06/04/03 Page 5 Item 22 is for labor to connect the existing Plant No. 2 digester pump room remote level and pressure sensor indicators to the relocated digester pressure and level indicators. This change was requested by staff to allow operators readily accessible digester liquid level and gas pressure indicator readouts. Using this location eliminates the need for an operator to walk up to top of pump room roof to verify matching level and pressure sensors and CRISP readings. Item 23 is for additional labor and materials to construct a 12-inch addition to the Plant No. 2 Gas Compressor Building roof parapet to provide a 42-inch high parapet. This parapet addition was not shown on the contract documents. This addition was necessitated in order to comply with OSHA standards for fall protection from the roof. Previous to installation of the new gas piping, valves and drains the existing 30-inch high parapet was sufficient as there were no personnel on the roof for routine operations. This addition was necessitated in order to comply with OSHA standards for fall protection from the roof. Item 24 is for removing a new #3 wire combustible gas detector cable and replacing this cable with a new #7 wire cable between the Plant No. 1 Power building 3A and the Combustible Gas detectors in Headworks No. 2. This change was necessitated as the combustible gas detectors specified in the contract specifications called for #3 wires which were installed and had to be replaced with the #7 wire cable. This is a reimbursable design error, and the District will be seeking reimbursement from the Design Consultant. Item 25 is for furnishing and installing a new light fixture and associated wire and conduit at tunnel 1 and the Metering and Diverson Building Basement, and at tunnel 9 and the Gas Compressor Building Basement. The contract specified new concrete walls to be constructed in the tunnel to isolate the tunnels from the Metering and Diverson Building and Gas Compressor Building basements. This resulted in the two dark areas of the tunnels. Staff requested this change to obtain better area lighting in these areas. Item 26 is for the deletion of conduit tags for conduits installed under the J-35-2 contract. This change was requested by staff as the District was in the process of adopting new standards for numbering and tagging conduits after completion of the design for this project. Job Completion This project is 98% complete for the contract work. PRIOR COMMITTEE/BOARD ACTIONS The contract was awarded to J. F. Shea Construction, Inc. by the Board of Directors on June 26, 2002. Please refer to the attached Change Order Status Report for information on previous change orders. Revised: 06/04/03 Page6 PROJECT/CONTRACT COST SUMMARY Original Contract Price Previously Authorized Changes This Change Change Orders to Date Percentage Increase to Date Final Contract Price BUDGET IMPACT $ $ $ $ $ 14,066,442 2,904,241 324,670 3,228,911 23.0% 17,295,353 ~ This item has been budgeted. (Line item: Section 8, page 130) D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. D Not applicable (information item) Funds from contingency have been transferred to the construction budget to cover this change order. There is no increase to the total project budget. Please see attached budget information table. ADDITIONAL INFORMATION This project includes extensive rehabilitation of existing electrical and ventilation systems within both Plants. The areas involving work include all of the digesters, many of the underground tunnels, and several electrical and support buildings. There were over 800 contract drawings and two volumes of specifications included in the contract documents. The project's change order percentage is currently 23% and the project is 98% complete for the contract work. Staff estimates the total change order percentage on this job will be approximately 26% of the construction contract. The breakdown of current and estimated future change orders as a percentage of the construction contract is as follows: Staff Requested Design Change: Non-Reimbursable Design Error Reimbursable Design Error Total 7.50% 18.36% 0.14% 26% The projected completion date for this project is October 2, 2005. Staff is evaluating the Contractor's request for contract time extensions associated with the change orders on this job. There have been no contract time extensions granted to the Contractor to date. ALTERNATIVES None Revised: 06/04/03 Page? CEQA FINDINGS This project is categorically exempt from CEQA requirements. ATTACHMENTS 1. Budget Information Table 2. Change Order Status Report 3. Change Order 4. Location and Photo Description of Change Order GH:dm:jo H:\ntglobal\Agenda Draft Reports\PDC\J-35-2 AR CO #13 080405.doc Revised: 06/04I03 Page a PROJECT/PHASE "··· .::. Phase 1 -Project Development Phase 2 -Preliminary Design Phase 3 -Design Phase 4 -Construction Phase 5 -Commissioning Phase 6 -Close-Out Phase 7 -Contingency PROJECT TOTAL I Reimbursable Costs PROJECT NET Desian PSA Construction Contract EDMS 003792364 ORIGINAL BUDGET INFORMATION TABLE AREA CLASSIFICATION STUDY IMPLEMENTATION PLAN, PLANT NOS. 1 & 2 JOB NO. J-35-2 ; . . .. PROPOSED PROPOSED,· . THIS CURRENT· FUNDS BUDGET PROPOSED TOTAL AUTHORIZED PROJECT INCREASE REVISED:·.·• ,AUTHORIZED TO AUTHORIZATION AUTH.ORIZATION · BUDGET BUDGET, ·/DECREASE. . BUDGET :;,:' . 1:· ~·< ;: .: DATE ... REcilJE:st I'· ., ., . · •. .• ::: .. ··, . .. · .: :: ;.: ... : : : 1· .. . $ 106,000 $ 159,000 $ 159,000 ·.· $ 159,000 $ 159,000 $ 682,000 $ 672.000 $ 672,000 .... $ 672,000 $ -$ 672,000 $ 3,745,000 $ 3,072,000 $ 3,072,000 $ 3,072,000 $ 3,072,000 $ 21,307,170 $ 21,671,000 $ -$ 21,671,000 : . $ 20,487,715 $ 324,670 $ 20,812,385 .: $ 281,328 $ 431,000 $ -$ 431,000 :f; $ 431,000 $ 431,000 '.' $ 70,332 $ 268,000 $ -$ 268,000 .· .. $ 268,000 $ 268,000 ·; $ 3,153,170 $ 697,000 $ -$ 697,000 $ - .. $ 29,345,000 $ 26,970,000 $ -$ 26,970,000 ':" $ 25,089,715 $ 324,670 $ 25,414,385 ESTIMATED ExPENDITURE, TO DATE $ 159,000 $ 672,000 $ 3,072,000 $ 19,700,000 $ 227,000 $ 232,000 $ - $ 24,062,000 $ 29,345,000 $ 26,970,000 $ -$ 26,970,000 $ 25,089, 715 $ 25,414,385 $ 24,062,000 PSA/Contract ,. $ 3,411,411 $ 4,528,021 $ -$ 4,528,021 $ 4,528,021 $ -$ 4,528,021 $ 4,100,000 $ 14,066,442 $ 17,583,053 $ -$ 17,583,053 :.· $ 16,970,683 $ 324,670 $ 17,295,353 $ 16,500,000 . .. eSTitViAreo EXPENDED TO '::oA~(%) .. 100% 100% 100% 95% 53% 87% 95% 95% 91% 95% -' CHANGE ORDER STATUS REPORT Area Classification Study Implementation Plan, Plant Nos. 1 and 2 JOB NO. J-35-2 APPROVAL CONTRACT CONTRACT COST PERCENTAGE AUTHORIZED AUTHORIZED TIME ITEM DATE COST TO DATE INCREASE TIME TO DATE (DAYS) (DAYS) CONTRACT June 26, 2002 $14,066,442 $14,066,442 0.00% 1006 1006 CO NO. 1* May 1, 2003 $115,280 $14, 181,722 0.82% 0 1006 CO NO. 2* September 4, 2003 $83, 195 $14,264,917 1.41% 0 1006 CO NO. 3 October 22, 2003 $269,345 $14,534,262 3.33% 0 1006 CO NO. 4 November 19, 2003 $197,094 $14,731,356 4.73% 0 1006 CO NO. 5 February 25, 2004 $214,954 $14,946,310 6.26% 0 1006 CO NO. 6 March 24, 2004 $142,606 $15,088,916 7.27% 0 1006 CO NO. 7 April 28, 2004 $194,205 $15,283, 121 8.65% 0 1006 CO NO. 8 Sept. 22, 2004 $166,328 $15,449,449 9.83% 0 1006 CO NO. 9 Dec. 15,2004 $527,005 $15,976,454 13.58% 0 1006 CO N0.10 Feb.23,2005 $469,382 $16,445,836 16.92% 0 1006 CO N0.11 May 25, 2005 $349,285 $16,795, 121 19.39% 0 1006 CO N0.12 June 22, 2005 $175,562 $16,970,683 20.65% 0 1006 co Nd.13 Pending ... ' $324,670 $17,295;353 23.d()% -' ' '' . ... 0 1006- *Approved by PDC Committee per delegated authority by Board Resolution 99-23 EDMS 003792365 ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 1 of 15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos.1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro Amount of this Change Order (Add) (Deduct) $324.670.00 In accordance with contract provisions, the following changes in the contract and/or contract work are hereby authorized and as compensation, the following additions to or deductions from the contract price are hereby approved. ITEM 1 -GAS COMPRESSOR BUILDING MECHANICAL AND ELECTRICAL MODIFICATIONS At Plant No. 1, the Contractor furnished labor and materials to move the existing backup instrument air compressor drier from the Gas Compressor Building Basement to the intersection of tunnels 9 and 11. This work included installing 120 feet of %-inch stainless steel tubing, two %-inch stainless steel shutoff valves, 90 feet of %-inch conduit, 400 feet of #12 wire, and removing and remounting the drier. The contract documents did not address upgrading or relocating this drier which is not rated for the Class 1 Div. 1 classification in the Gas Compressor Basement. Work was required to comply with NFPA 820 and NFPA 70 for installation in the Class 1, Div. 1 and Div. 2 areas. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 33. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 2-PLANT NO. 1 DIGESTER PIPE SUPPORT MODIFICATIONS $7,400.00 0 Calendar Days At Plant No.1, the Contractor furnished additional materials to provide lock washers for all the overhead digester gas piping supports. Materials included 1,700 (each) %-inch stainless steel lock washers. The contract drawings only provide standard washers for the gas pipe support anchors. This was a staff requested change to ensure that there will be no pipe anchor loosening due to temperature variations and wind caused vibrations. Lock washers are expected to provide a better connection for fasteners and reduce or eliminate future maintenance of pipe anchors. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 84. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $2,413.00 0 Calendar Days ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 2of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos. 1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro ITEM 3 -DIGESTERS D AND H ELECTRICAL MODIFICATIONS The Contractor furnished additional labor and materials for the installation of a gas condensate drain flow switch and solenoid valve at Digester H instead of Digester D. The contract required installation at Digester D, but the associated existing condensate drain piping was located at Digester H. Materials furnished included extra 300 feet of %-inch conduit, two seals, 3,600 feet of #12 wire, and redrawing of instrument loop diagrams. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 1 of the General Requirements, Division 01. Reference FCO No. 91. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 4-DIGESTERS C AND D VALVE AND VALVE CONTROL MODIFICATIONS $7,683.00 0 Calendar Days At Digesters C and D, the Contractor furnished additional labor and materials for the removal and replacement of existing solenoid valves and valve control stations. Materials and labor were furnished for removing six non-rated existing valve control stations and eleven non-rated solenoid valves and actuators with explosion proof valve control stations solenoids and actuators. Specific materials supplied included 290 feet of %-inch conduit, 20 feet of 1-inch conduit, 210 feet of 1 %-inch conduit, 29 %-inch seals, five %-inch seals, four 1 %-inch seals, 1,250 feet of #10 wire, 1 ,500 feet of #14 wire, 94 hours for a rental man-lift, 20 new instrument and control station tags and changes to drawings to reflect these electrical changes, 20 feet of %-inch galvanized pipe and fittings, and 20 feet of %-inch stainless steel tube and fittings. This additional work to the existing electrical equipment was not shown on the original contract documents. Work was required to comply with NFPA 820 and NFPA 70 for installation in the Class 1, Div. 1 and Div. 2 areas. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO Nos. 104 and 204. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $58,693.00 0 Calendar Days • ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 3of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos.1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro ITEM 5-DIGESTERS 11-16 ELECTRICAL MODIFICATIONS At Digesters 11-16, the Contractor furnished additional labor and materials for the removal of existing start/stop push buttons from the four existing fan control panels for fans not removed and replaced by the J-35-2 project. Labor and materials for the modification of the existing fan control panel included removal of existing wiring to and from four existing fans and the control panel. The existing control panel holes from removal of the pushbuttons were covered and painted. Other labor and materials included four new local stop/start push button stations with lockout equipment at the new fans. This work was necessary to implement staff requested changes for the new fans and fan control panels to make these fan controls the same as the other new air supply and exhaust fans installed under the J-35-2 project. Inclusion of the local lockout equipment allows safer maintenance of these units. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 121. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 6 -DIGESTERS RAND S ELECTRICAL ADDITIONS $10,014.00 0 Calendar Days At Digesters R and S, the Contractor furnished additional labor and materials for the removal and replacement of existing non-explosion proof conduit fittings in Class 1, Div. 1 and 2 areas and adding seals at changes in classification boundaries. Materials and labor furnished included 20 feet of %- inch conduit, seven %-inch seals, and 1, 720 feet of #10 wires. This work was not shown on the original contract documents. Work was required to comply with NFPA 820 and NFPA 70 for installation in the Class 1, Div. 1 and Div. 2 areas. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 131. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $8,193.00 0 Calendar Days ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 4of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos.1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro ITEM 7 -GAS COMPRESSOR BUILDING FAN CONTROL MODIFICATIONS At the Gas Compressor Building, the Contractor furnished additional labor and materials for the removal of existing start/stop push buttons from the six existing roof and basement fan control panels for the existing fans. Labor and materials for the modification of the existing fan control panel included removal of existing wiring to and from the six existing fans and the control panel. The existing control panel was modified after the holes from removal of the pushbuttons were covered and painted. Other labor and materials included furnishing and installing six local start/stop push button stations with lockout equipment at the fans. This work was necessary to implement OCSD staff requested changes for the new fans and fan control panels to make these fan controls the same as the new air supply and exhaust fans installed under the J-35-2 project. Inclusion of the local lockout equipment also makes the maintenance of these units safer. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 132. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 8-DIGESTER GAS STORAGE TANK ELECTRICAL MODIFICATIONS $13,556.00 0 Calendar Days At the Plant No. 2 Gas Storage Tank, the Contractor furnished labor and materials for upgrading the gas pressure switches and gas level devices from unclassified to Class 1 Div. 1 status. The work included replacement and relocation of instruments to meet area classifications, as well as installation of various electrical explosion proof boxes, removal of unclassified electrical boxes, and replacement of level indicators. Materials furnished included 40 feet of %-inch, 60 feet of 1-inch, and 70 feet of 1 %-inch conduit, six %-inch and seven 1-inch seals, 840 feet of #12 wire, two new explosion proof pressure switches, and two glass windows added to explosion proof boxes. Additional costs were for engineering time to find explosion proof boxes and windows that could accommodate the level and pressure switches. These changes were requested by staff to allow operators visual indicator access for daily comparisons of gas level and pressure indicator readings with CRISP readings. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Div. 1. Reference FCO No. 159. ADDED COST THIS CHANGE ORDER ITEM: $31,972.00 TIME EXTENSION THIS CHANGE ORDER ITEM: 0 Calendar Days ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 5of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos.1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro ITEM 9 -DIGESTERS I AND J ELECTRICAL MODIFICATIONS At Digesters I and J pump galleries, the Contractor furnished labor and materials to upgrade the electrical classification to Class 1, Div. 1 or Div. 2 at both pump galleries. Materials furnished included 50 feet each of %-inch and 1-inch conduit, eight %-inch seals and one 1-inch seal. Credit was received from the Contractor for the deletion of new lights and switches above the pump galleries called for on the contract documents that were replaced by a separate recently completed project. These changes were needed to meet NFPA 820 for pump gallery areas and were not shown on the contract drawings. The additional work for this item was accomplished by force account pursuant to Section 43 (8) 2 of the General Requirements, Division 01. Reference FCO No. 167. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 10-NORTH SCRUBBER COMPLEX ELECTRICAL MODIFICATIONS $10,451.00 0 Calendar Days The Contractor furnished labor and materials for relocating the Plant No. 2 scrubber sump pump control panel out of a classified area to an unclassified area. Materials furnished included 50 feet of %-inch conduit, eleven seals, one 8x6 6-inch FRP fiberglass enclosure, 300 feet of #12 wire, two liquid level flow switches and one liquid level control switch. This work was not shown on the original contract documents. Work was required to comply with NFPA 820 and NFPA 70 for installation in the Class 1, Div. 2 area. The additional work for this item was accomplished by force account pursuant to Section 43 (8) 2 of the General Requirements, Division 01. Reference FCO No. 233. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $15,362.00 0 Calendar Days ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 6of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos.1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro ITEM 11 -GAS COMPRESSOR BUILDING ELECTRICAL MODIFICATIONS At Plant No. 1 Gas Compressor Building Control Room, the Contractor furnished labor and materials to consolidate two new relay control panels for the gas detection and ventilation duct smoke detectors into one new panel. The Contractor provided design services for the integration of these two panels including all panel configuration drawing changes, one digital input card and re-numbering and re-tagging all components in the panels, panel submittal changes and furnishing a larger panel. Credit was received for deletion of the two smaller panels. This change to one panel was requested by staff to retain the limited spare wall space in the control room for any future plant modifications and to provide more usable work area for operations staff. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 257. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 12 -PRIMARY CLARIFIERS D AND E ELECTRICAL ADDITIONS $21,575.00 0 Calendar Days At Primary Clarifiers D and E, the Contractor furnished additional labor and materials for modifying the existing electrical conduits, warning light fixtures, and a fan control station. Other work included was installing new conduits for the warning light relays installed in the Remote Input/Output (RIO) cabinet, replacement of a sump pump, relocation of a bubbler panel and deletion of air flow indicators. Materials included 50 feet of %-inch conduit, ten %-inch seals, one 1-inch seal, one 12x12x7 fiberglass box enclosure, one 4-inch explosion proof box, and one explosion proof pump. This work was not included on the contract drawings and is required to comply with NFPA 820 and NFPA 70. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 281. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $23,574.00 0 Calendar Days ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 7of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos.1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro ITEM 13-DIGITAL PROGRAMMING CARD ADDITION At five different locations in Plant Nos. 1 and 2, the Contractor supplied five refurbished computer programmable logic cards with new connector cabling and fasteners in lieu of the programmable logic cards specified in the contract documents for some of the new ventilation fan and warning light controls. The OCSD standard design package for the CRISP system requires this specific card to power digital inputs to the CRISP system. Rebuilt cards of this type are available and are provided with the same warranty as the original card. This change was dictated by the fact that the manufacturer no longer manufactures the contract specified card. Credit was received for the deletion of the contract specified cards. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 288. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 14-POWER BUILDING B ELECTRICAL MODIFICATION $16,384.00 0 Calendar Days At the Plant No. 2 Power Building B, the Contractor furnished labor and materials to modify the connection of the new fire alarm panel to the existing fire alarm system to keep it separate from the existing CRISP work station. The materials included 20 feet of 1-inch conduit, 120 feet of fiber optic cable and eight individual fiber optic connectors. This modification was requested by staff to eliminate any modifications to the fire alarm communications system due to planned future changes to the existing CRISP Station. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 291. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $3,326.00 0 Calendar Days ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 8of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos.1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro ITEM 15-DIGESTERS 7 AND 8 ELECTRICAL MODIFICATIONS At Digesters 7 and 8 at Plant No. 1 , the Contractor furnished labor and materials to remove existing solenoid valves and replace them with explosion proof solenoid valves. Materials included 80 feet of 3/8-inch, 40 feet of %-inch stainless steel tubing and associated and stainless steel fittings, 29 hours of man-lift rental and nine air actuated solenoid valves. This work was not included on the contract drawings and is required to comply with NFPA 820 and NFPA 70. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 297. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 16-COMBUSTIBLE GAS DETECTOR MODIFICATIONS $7,550.00 0 Calendar Days At Plant No. 2 Primary Clarifiers D/E, F/G, H/I, UM, N/O, P/Q, and Plant No. 1 Primary Clarifiers 1, 2, 3, 4, 5, and two WSSPS locations, the Contractor provided labor and materials for modifications to proposed combustible gas detector stations. Materials included the addition of 390 feet of %-inch conduit, 32 seals, and 14 (each) 2-inch x 5-inch x 5 feet high aluminum stanchions with bases. The contract drawings did not provide the needed seals or required 5 foot vertical mounting height for the gas detectors. These changes were required to comply with NFPA 820 requirements. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 305. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $21,866.00 0 Calendar Days ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 9of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos. 1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro ITEM 17-CLARIFIERS P AND Q ELECTRICAL MODIFICATIONS At Plant No. 2 primary Clarifiers P and Q, the Contractor furnished additional labor and materials to extend electrical power and control wiring to the relocated air supply fan. Materials included 40 feet of %-inch conduit, 200 feet of #12 wire, two core drilled holes on the pump room wall, excavation of 40 feet of asphalt pavement, an 18-inch deep trench for the buried conduit, and replacement of the asphalt. The inlet fan placement shown on the contract drawings was relocated away from the pump room entrance to provide unobstructed access to the building for maintenance personnel and equipment removal from the pump room. This was a staff requested change. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 315. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 18-DIGESTERS 11-14 ELECTRICAL ADDITIONS $7,924.00 0 Calendar Days At Digesters 11-14 Control Room PLC panel 46, the Contractor furnished additional labor and materials to install interposing relays for the new inputs from the Digesters 5-16 fan digital input signals. The modifications consist of installing a new mounting plate and 23 new 120 volt coils and interposing relays in the existing PLC Panel No.46. This change was necessitated when it was noticed that the existing PLC cards which will now receive digital input signals could be damaged due to the presence of different power sources being used for the individual cards. The contract drawings did not indicate the need for these interposing relays. This work had to be done to eliminate future failure of the cards. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 318. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $11,737.00 0 Calendar Days ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 10of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos.1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro ITEM 19 -DIGESTER H STRUCTURAL MODIFICATION At Digester H, the Contractor furnished labor and materials to install an operable hatch cover for access for Digester H equipment in Hazel Tunnel in lieu of the bolted down stainless steel plate shown on the contract documents. Materials included a spring loaded stainless steel hatch, frame, and ladder for access to the tunnel below. This was a staff requested change to allow quick and easy access to Hazel tunnel for operation and maintenance activities. No other such access exists for this area necessitating the installation of this operable hatch. Additionally, contract plans provide removable cover held down by screws. O&M's frequent entries are facilitated with a hatch as opposed to a screwed down cover. The additional work for this item was accomplished by force account pursuant to Section 43 (8) 2 of the General Requirements, Division 01. Reference FCO No. 324. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 20 -CLARIFIER 5 STRUCTURAL ADDITION $5,573.00 0 Calendar Days At Primary Clarifier 5, the Contractor furnished labor and materials to install a handrail at the new steps and walkway installed under the J-35-2 project. Materials included approximately 20 feet of anodized aluminum handrail and supports for access and egress from the steps. The contract drawings did not make any provision for fall protection while traversing this landing and steps. This work was done to comply with OSHA fall protection standards. The additional work for this item was accomplished by force account pursuant to Section 43 (8) 2 of the General Requirements, Division 01. Reference FCO No. 330. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $6,339.00 0 Calendar Days ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 11of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos.1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro ITEM 21 -KINNISON TUNNEL STRUCTURAL ADDITION At Kinnison Tunnel by Digesters C and F, the Contractor furnished additional labor and materials to install an effective seal between the existing tunnel cover and the new Kinnison Tunnel cover plates. Materials included two 10-foot long fabricated %-inch x 2-inch x 6-inch stainless steel channels and one %-inch x 12-inch x 10-inch stainless steel plate. These plates were required to provide plate support where the new tunnel cover plate joined the existing concrete tunnel covers. The typical sealing detail was not adequate to provide a gas tight seal between the new tunnel cover and the existing tunnel cover. This change was required to meet NFPA 820. The additional work for this item was accomplished by force account pursuant to Section 43 (8) 2 of the General Requirements, Division 01. Reference FCO No. 349. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 22 -DIGESTERS A-T ELECTRICAL MODIFICATIONS $5,880.00 0 Calendar Days At all Plant No. 2 Digester pump rooms, the Contractor furnished labor to connect existing remote digester pressure and level indicators to the relocated digester pressure and level indictors. This staff requested change was made to allow operators readily accessible digester liquid level and gas pressure indicator readouts. Mounting in this location eliminates the need for operators to walk up to the top of the pump room roof to verify level and pressure sensors and CRISP readings match one another. This should result in manpower savings over the life of the facility. The additional work for this item was accomplished by force account pursuant to Section 43 (8) 2 of the General Requirements, Division 01. Reference FCO No. 353. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $7,625.00 0 Calendar Days ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 12of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos. 1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro ITEM 23-GAS COMPRESSOR BUILDING STRUCTURAL MODIFICATION At the Plant No. 2 Gas Compressor Building roof, the Contractor furnished labor and materials to extend the height of the existing 30 inch high concrete parapet around the roof to 42 inches. Labor included drilling and grouting in 433 (each) 16-inch long steel anchoring dowels in the existing parapet, formwork for the parapet extension, concrete placement, form stripping and finishing the concrete to match the existing walls. Because the parapet is approximately 24 feet above grade a crane and man-lift was required for placement and removal of forms, and finishing the concrete. Materials included 7.2 cubic yards of concrete, approximately 1,400 sq. ft. of %-inch plywood, 2,200 feet of 2 x 4 studs for forms, and 600 feet of %-inch chamfer strips. This parapet extension was not shown on the contract drawings. This work was required to meet OSHA fall protection standards for work areas where routine work is performed. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 365. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 24 -POWER BUILDING 3A ELECTRICAL ADDITION $35,137.00 0 Calendar Days At the Plant No. 1 Power Building A, the Contractor furnished labor and materials to remove and replace the specified #3 wire cable installed for the gas detectors with #7 wire cable. The work included removing the 600 feet of J-35-2 installed #3 wire cable and replacing it with 600 feet of new #7 wire cables. This change was necessitated as the combustible gas detectors specified in the contract specifications required #7 wires, while contract plans called out for installation of only #3 wire cable. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 368. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: $4,134.00 0 Calendar Days 1 ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 13of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen C13l Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos.1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro ITEM 25 -M & D AND GAS COMPRESSOR BUILDING LIGHTING MODIFICATIONS At the Plant No. 1 M & D Building and the Gas Compressor Building, the Contractor furnished additional labor and materials for the installation of two new light fixtures. Materials included 50 feet of %-inch conduit, 150 feet of #12 wire and two high pressure sodium lights. The additional lighting had to be provided because the construction of new walls in these building basements resulted in reduced lighting. The additional work for this item was accomplished by force account pursuant to Section 43 (B) 2 of the General Requirements, Division 01. Reference FCO No. 369. ADDED COST THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: ITEM 26 -ELECTRICAL DELETION $3,980.00 0 Calendar Days The Contractor has agreed to furnish the District with a credit for the deletion of the Contract requirement to furnish and install conduit tags for conduits installed under the J-35-2 contract plans and specifications. This change was requested by staff as the specified conduit tagging numbering system is in the process of being revised since this project was designed and utilizing the project specified tagging numbering system would only have to be changed in the future. The work deletion for this item was accomplished by a negotiated amount pursuant to Section 43 (B) 1 of the General Requirements, Division 01. Reference FCO No. 372. CREDIT FOR THIS CHANGE ORDER ITEM: TIME EXTENSION THIS CHANGE ORDER ITEM: TOTAL ADDED COSTS THIS CHANGE ORDER: TOTAL TIME EXTENSION THIS CHANGE ORDER: $(23,671.00) O Calendar Days $324,670.00 O Calendar Days ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 14of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos.1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro The additional work contained within this change order can be performed incidental to the prime work and within the time allotted for the original contract and any extensions to the contract time made by this change order and all previously issued change orders. It is, therefore, mutually agreed that no extension of time to perform the work is required for this change order, and that no direct or indirect, incidental or consequential costs, expenses, losses or damages have been or will be incurred by the Contractor, except as expressly granted and approved by this change order. SUMMARY OF CONTRACT TIME Original Contract Date: Original Contract Time: Original Completion Date: Time Extension this C.O.: Total Contract Time Extension: Revised Contract Time: Revised Final Completion Due Date: Time Subject to Liquidated Damages: Actual Final Completion Date: September 16, 2002 1,006 Calendar Days June 17, 2005 0 Calendar Days 0 Calendar Days 1,006 Calendar Days June 17, 2005 TBD NIA Original Contract Price Prev. Authorized Changes This Change (Add) Amended Contract Price $14.066.442 $ 2.904.241 $ 324.670 $17.295.353 ORANGE COUNTY SANITATION DISTRICT 10844 ELLIS AVENUE, P.O. BOX 8127 FOUNTAIN VALLEY, CALIFORNIA 92728-8127 CHANGE ORDER Page 15of15 Contractor: J. F. Shea Construction. Inc. C.O. No.: Thirteen (13) Date: August 24. 2005 Job: Area Classification Study Implementation Plan. Plant Nos.1 and 2. Job No. J-35-2 Consultant: Parsons/Lee & Ro Board Authorization Date: August 24, 2005 ORANGE COUNTY SANITATION DISTRICT Recommended by: Umesh N. Murthy, P.E. CIP Project Manager Approved by: David A. Ludwin, P.E. Director of Engineering Accepted by: J.F. SHEA CONSTRUCTION, INC. Contractor EDMS 003792339 Date Date Date \ PDC COMMITTEE AGENDA REPORT Orange County Sanitation District FROM: David Ludwin, Director of Engineering Hardat Khublall, CIP Project Manager Meeting Date 08/04/05 Item Number PDCOS-81 SUBJECT: SANTA ANA RIVER INTERCEPTOR REALIGNMENT AND PROTECTION, CONTRACT NO. 2-41, AND SANTA ANA RIVER INTERCEPTOR 2005 EMERGENCY REPAIRS FROM 10,000 CFS RELEASE, CONTRACT NO. 2-41-4 GENERAL MANAGER'S RECOMMENDATION To Bd. of Dir. 08/24/05 Item Number 13(e) 1) Ratify issuance of a Purchase Order to Santa Ana River Interceptor 2005 Emergency Repairs from 10,000 CFS Release, Contract No. 2-41-4, with RBF Consulting for aerial surveying for $103,000; and 2) Approve a Sole Source Professional Services Agreement with RBF Consulting to provide field survey monitoring, construction staking services and topographic aerial surveys for the Santa Ana River Interceptor Realignment and Protection, Contract No. 2-41, for a total amount not to exceed $257,000. SUMMARY • A four mile portion of the Santa Ana River Interceptor (SARI) located within the Santa Ana River Flood Plain in Yorba Linda, between Weir Canyon Road and the Orange County/Riverside/San Bernardino County line has suffered higher than normal levels of erosion over the past seven years, threatening the stability of the pipeline. This degree of erosion has left the pipeline almost exposed in some areas creating an unsafe condition that if not monitored and protected could result in a catastrophic failure of the pipeline with negative impacts to the environment. • Based on this imminent threat of the pipeline, OCSD has been conducting annual topographic field survey monitoring at critical crossings along the pipeline to determine the remaining protective cover over the pipeline. Once the analysis of the soil cover over the pipeline is completed, protection measures are implemented to safeguard the pipeline against future winter storm erosions. • RBF Consulting has been providing topographic field surveying and construction staking services for this project for the past seven years. As a result of the recent emergency needs following the January 2005 floods, staff authorized RBF Consulting to conduct an aerial survey. This request will cover the aerial survey costs as well as provide funds for future survey work along the SARI should it be required. Page 1 • RBF will be used as-needed and will bill the Sanitation District according to the attached Fee Schedule. Staff has reviewed and compared RBF's fee schedules to other surveying firms and found RBF's rates to be comparable and reasonable for the level of work to be provided. RBF is being recommended as a sole source selection due to their experience with the SARI line and their familiarity with Sanitation District procedures which allows them to react quickly and effectively in emergency situations. PRIOR COMMITTEE/BOARD ACTIONS None PROJECT/CONTRACT COST SUMMARY $400,000 is being moved from contingency to Phase 2 preliminary design to allow for survey work and properly account for staff charges for the Santa Ana River Interceptor Realignment and Protection, Contract No. 2-41. There is no increase to the Project Budget. BUDGET IMPACT C8'.I This item has been budgeted. (Line item: CIP Budget Section B Page 14) D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. D Not applicable (information item) ADDITIONAL INFORMATION Following the January 2005 flood events and the declaration of the area by the Federal Government as a federal disaster area, SARI became eligible for federal grants to rebuild the storm damaged areas. District staff has applied for federal grants with the Federal Emergency Management Agency (FEMA) and the National Resource Conservation Service (NRCS) for Phase 1 and 2 SARI 2005 Emergency Repairs, from 10,000 CFS Release. Based on this eligibility criteria, the 2005 emergency aerial, the 2005 annual monitoring, and the construction staking surveys will be included in the package for FEMA and or NRCS reimbursement. The Sanitation District has recently been awarded a $2 million grant from NRCS for SARI protection work. ALTERNATIVES Page 2 \ No alternatives are proposed. CEQA FINDINGS The original CEQA Environmental Impact Report was certified on July 19, 2000 and a Notice of Determination was filed on July 20, 2000. ATTACHMENTS 1. Budget Information Table, Contract No. 2-41 2. Budget Information Table, Contract No. 2-41-4 3. Fee Schedule HK:ba H:\dept\agenda\Board Agenda Reports\2005 Board Agenda & Agenda Reports\0805\ltem 13(e).2-41-4.doc Page3 I· ORIGINAL PROJECT/PHASE AUTHORIZED · · [ .. 81.iDGEf Phase 1 -Project Development $ 0 $ Phase 2 -Preliminary Design $ 0 $ Phase 3 -Desian $ 0 $ Phase 4 -Construction $ 1,000,000 $ Phase 5 -Commissioning $ 0 $ Phase 6 -Close-Out $ 0 $ Phase 7 -Contingency $ 0 $ PROJECT TOTAL $ 1,000,000 $ IRelmburaable Costs PROJECT NET $ 1,000,000 $ Design PSA $ -$ Construction Contract $ 1,000,000 $ EDMS: 003791233 BUDGET INFORMATION TABLE SARI 2005 -EMERGENCY REPAIRS FROM 10,000 CFS RELEASE CONTRACT NO. 2-41-4 · ... : .. ,. : i . ' .,,. '<: ·, ..... .. PROPOSED CURRENT ' PROPOSED FUNDS. THIS PROJECT ... BUDGET m'!~:c)· Al.J1HORIZE0. to AUTHORlzATION ~ . l. L .. : eUiloer· .. • :. INCREASE'. l>Ate' ··.: ·REaUl:st · . . ibECREASE ·. ::': : . , ',' 0 $ 20,000 $ 20,000 $ 17,463 0 $ 100,000 $ 100,000 $ 17,426 $ - 0 $ 300,000 $ 300,000 $ 18,861 1,000,000 $ 3,550,000 $ 4,550,000 $ 1,000,000 $ - 0 $ -$ - 0 $ 30,000 $ 30,000 $ 10,000 0 $ 1.000.000 $ 1,000,000 $ - 1,000,000 $ 5,000,000 $ 6,000,000 $ 1,063,750 $ - ::" ' PROPOSED ESTIMATED ...... TOTAL · : EXPENDITURE AUTHORIZATION TO DATE .. $ 17,463 $ 17,463 $ 17.426 $ 17,426 $ 18,861 $ 18,861 $ 1,000,000 $ 996,943 $ -$ - $ 10,000 $ - $ -$ - $ 1,063,750 $ 1,050,693 1,000,000 $ 5,000,000 $ 6,000,000 $ 1,063,750 $ -$ 1,063,750 $ 1,050,693 PSA/Contract -$ -$ -$ -$ -$ - 1,000,000 $ -$ 1,000,000 $ 1.000.000 $ -$ 1,000,000 $ 902,226 ,. ESTIMATED '.EXPENDED TO DATE(%) : 100% 100% 100% 100% 0% 0% 0% 99% 99% 90% . ORIGINAL· PROJECT/PHASE AUTH()RIZED · BUDGET ' Phase 1 -Project Develooment $ 0 $ Phase 2 -Preliminary Design $ 0 $ Phase 3 -Design $ 0 $ Phase 4 -Construction $ 1,000,000 $ Phase 5 -Commissioning $ 0 $ Phase 6 -Close-Out $ 0 $ Phase 7 -Contingency $ 0 $ PROJECT TOTAL $ 1,000,000 $ 'Reimbursable Costs PROJECT NET $ 1,000,000 $ Desian PSA $ -$ Construction Contract $ 1,000,000 $ EDMS: 003793492 BUDGET INFORMATION TABLE SARI 2005 ·EMERGENCY REPAIRS FROM 10,000 CFS RELEASE CONTRACT NO. 2-41-4 .. . .. '' ' ""''•. . CURRENT PROPOSED PROPOSED FUNDS THIS P~q~ECT .• BUDGET •,. REVISED···. AUTHORIZED.TO AUTHORIZATION ' BUDGET , INCREASE. eubGET : 'DATE ;REQUEST loECREASE . · . I' I . ..... 20,000 $ 20,000 $ 17.463 50,000 $ 50,000 $ 50,000 170,000 $ 170,000 $ 67,000 $ 103,000 2,500,000 $ 2,500,000 $ 1,400,000 ·. 0 $ -$ - 10,000 $ 10,000 $ 10,000 50,000 $ 50,000 $ - 2,600,000 $ -$ 2,600,000 $ 1,544,463 $ 103,000 11 ,., '' . PROPOSED ESTIMATED .; .. TOTAL EXPENDITURE AlrrHORlZATION TO DATE ·' I•' $ 17.463 $ 17,463 $ 50,000 $ 17,426 $ 170,000 $ 18,661 $ 1,400,000 $ 996,943 $ -$ - $ 10,000 $ - $ -$ - $ 1,647.463 $ 1,050,693 2,600,000 $ -$ 2,600,000 $ 1,544,463 $ 103,000 $ 1,647,463 $ 1,050,693 PSA/Contract -$ -$ 103,000 $ -$ 103,000 $ 103,000 $ - 1,000,000 $ -$ 1,000,000 $ 1,000,000 $ -$ 1,000,000 $ 902,226 ' ESTIMATED EXPENDED TO DATE(o/o) '·· 100% 35% 11% 71% 0% 0% 0% 64% 64% 0% 90% '· HOURLY RATE SCHEDULE Effective January 2005 OFFICE PERSONNEL $ / Hr. Senior Principal ............................................................................................................................................ $215.00 Principal ......................................................................................................................................................... 195.00 Project Director .............................................................................................................................................. 175.00 Project Manager ............................................................................................................................................ 152.00 Structural Engineer ........................................................................................................................................ 152.00 Electrical Engineer ......................................................................................................................................... 134.00 Senior Engineer/Senior Planner .................................................................................................................... 135.00 Landscape Architect ...................................................................................................................................... 123.00 Project Engineer/Project Planner .................................................................................................................. 116.00 Environmental Specialist............................................................................................................................... 112.00 Corrosion Engineer ............................................................................................................................•......•.... 112.00 Design Engineer/Senior Designer/Mapper .................................................................................................... 108.00 Designer/Planner ............................................................................................................................................. 94.00 GIS Analyst ...................................................................................................................................................... 90.00 Graphic Artist ................................................................................................................................................... 80.00 Environmental Analyst/Staff Planner ............................................................................................................... 80.00 Design Technician ........................................................................................................................................... 78.00 Assistant Engineer/Planner .............................................................................................................................. 7 4.00 Engineering Aid/Planning Aid .......................................................................................................................... 60.00 FIELD PERSONNEL 2-Person Survey Crew ................................................................................................................................ $200.00 1-Person Survey Crew .................................................................................................................................. 145.00 Field Supervisor ........................................................................................................................................... 138.00 CONSTRUCTION MANAGEMENT PERSONNEL Construction Manager ............................................................................................................................... $150.00 Resident Engineer/Project Manager ........................................................................................................... 127 .00 Senior Construction Inspector ....................................................................................................................... 98.00 Construction Inspector ................................................................................................................................... 95.00 Field Office Engineer ...................................................................................................................................... 90.00 Construction Technician ................................................................................................................................ 78.00 OTHER SERVICES AND FEES Permit Processor ........................................................................................................................................ $95.00 Clerical/Word Processing .............................................................................................................................. 50.00 Consultation Relative to Legal Actions ........................................................................................................ 270.00 Vehicle Mileage ......................................................................................................................................... 0.40/mile Note: Blueprinting, reproduction, messenger service and other direct expenses will be charged as an additional cost plus 15%. A Subconsultant Management Fee of fifteen-percent ( 15%) will be added lo the direct cost of all subconsultanl services to provide for the cost of administration. subconsultant consultation and insurance. PDC COMMITTEE Meeting Date To Bd. of Dir. 08/04/05 08/24/05 AGENDA REPORT Item Number Item Number Orange County Sanitation District FROM: David Ludwin, Director of Engineering Originator: David May, Project Manager PDC05·82 SUBJECT: REHABILITATION OF ELLIS AVENUE PUMP STATION, JOB NO. 1-10 GENERAL MANAGER'S RECOMMENDATION Approve Amendment No. 3 to the Professional Services Agreement with Malcolm Pirnie, Inc., for Ellis Avenue Pump Station Rehabilitation, Job No. 1-10, providing for additional design engineering services for an additional amount of $213, 194, and a contingency of $100,000, increasing the total amount not to exceed $3,899,276. SUMMARY The requested Professional Services Agreement (PSA) amendment is based upon the following changes or additions to the project Scope of Work (SOW): Bm • Additional geotechnical investigative services are required based on the final configuration of the project facilities as recommended and certified in the Final EIR. To address traffic impacts on Ellis Avenue, construction bid documents will be prepared for tunneled versus open cut construction as originally scoped. The risk of unknown geotechnical conditions is greater for tunneling, requiring a commensurate increase in borings, sampling, and analysis to reduce this risk and lower construction bid costs. • Additional utility investigations are required as new utilities were added subsequent to August 2003 when the original investigation was performed. Preliminary design scheduled to start in fall 2003 and finish in early 2004 actually started in February 2005. During this delay new underground utilities were installed in Ellis Avenue that needed to be investigated and plotted on project base maps. • Additional control survey services are required. • The current PSA with Malcolm Pirnie, inc. includes $848,352 for construction management services. Staff anticipates that construction management service amounts will be adjusted up or down when the full scope of construction work is determined. • $100,000 is requested in advance for work that is time sensitive and needs to begin. A final scope and fee are currently being negotiated. The request for approval of this additional work will come before the September PDC. It is estimated that the total cost of the additional work is approximately $1 ,300,000. Work will be authorized as needed by the Director of Engineering and will not exceed the $100,000 authorization. PRIOR COMMITTEE/BOARD ACTIONS Please see the attached PSA Status Report. Revised: 06/04103 Page 1 PROJECT/CONTRACT COST SUMMARY The total budget estimate for Ellis Avenue Pump Station Rehabilitation, Job No. 1-10, is $57,481 ,000. This request is for $313, 194 for Amendment No. 3 to the PSA which includes a $100,000 contingency. If approved, the amendment will bring the PSA total to $3,899,276. Authorized funds will be moved from Contingency to the Design Phase to cover the additional cost. See the attached Budget Information Table for more information. BUDGET IMPACT rzJ D D D This item has been budgeted. (Line item: Project 1-10, Page 8-46 of 2005/2006 FY Budget Book) This item has been budgeted, but there are insufficient funds. This item has not been budgeted. Not applicable (information item) ADDITIONAL INFORMATION The District began the EIR process in 2003 and recently certified the Final EIR in May 2005. The current SOW, location of facilities, and mitigation and monitoring reporting plan from the Final EIR require additional work be performed in design. Additional surveying, utility investigation, and geotechnical work are required to accommodate the new location of facilities. Additionally, public concern over construction traffic impacts has changed the method of construction planned for piping in Ellis Avenue. Design was originally assumed to be for an open cut trench operation, but the traffic impacts from this method were considered unacceptable. The project team has revised the method of construction to tunneling, which has significantly less traffic impacts and is a much shorter duration. The change in method requires additional utility investigation and geotechnical design services. ALTERNATIVES There are no alternatives that allow the project to proceed meeting the defined goals and within established constraints, including EIR mitigations. CEQA FINDINGS A Project EIR was certified by the Board of Directors in May 2005. ATTACHMENTS 1. Budget Information Table 2. PSA Status Report 3. Summary of Proposed Fees DM:eh:ba:gc:kf:ba H:\dept\agenda\PDC\2005\Agenda Reports\0805\05-82 -1-10 -080405 -REVISED.doc Revised: 06/04/03 Page 2 , · · PROJECT/PHASE Phase 1 -Project Development Phase 2 -Preliminary Design Phase 3 -Design Phase 4 -Construction Phase 5 -Commissioning Phase 6 -Close-Out Phase 7 -Contingency PROJECT TOTAL !Reimbursable Costs PROJECT NET Design PSA Construction Contract EDMS: 003791440 ·" ORIGINAL · · AUTl'.IORIZED BUDGET ... :' .• · I $ 152,000 $ $ 2,325,000 $ $ 2,258,000 $ $ 44,217,000 $ $ 321,000 $ $ 67,000 $ $ 8,141,000 $ $ 57,481,000 $ BUDGET INFORMATION TABLE REHABILITATION OF ELLIS AVENUE PUMP STATION JOB N0.1-10 . :. .. ,. ;,;:': ,· ··: .. •. ;:;,, ·: . .. CURRENT PROPOSED PROPOSED•·· FUNDS THIS PRO_~-=ci: , ~ BUDGET'. REVISED· .. ~~J.Hg1i~e~.ro AtrJ'fiORIA\TION 'BlJ.DGET 1,. l~qjl~SE>.: aub6e'f " · ,· ReaUe8T · •· I /DECREASE . ; . :.'. .... ·::· .. : .. .. ' 152,000 $ 152,000 $ 152,000 2,325,000 $ 313,194 $ 2,638,194 $ 2,325,000 $ 313,194 2,258,000 $ 2,258,000 $ 2,258,000 44,217,000 $ 44,217,000 $ 1,916,000 $ - 321,000 $ 321,000 $ 260,000 67,000 $ 67,000 $ 24,000 8,141,000 $ (313,194) $ 7,827,806 57,481,000 $ -$ 57,481,000 ' $ 6,935,000 $ 313.194 II :· . ..: " I:•·'· PROPOSED ESTIMATED ;.i~i' .TO'f'.~L .· :'. EXPENDiTURE AUTHORIZATION ;·-ro·oATE :,: . "·. . :: $ 152,000 $ 151,411 $ 2,638,194 $ 2,016,289 $ 2,258,000 $ 50,866 $ 1,916,000 $ 441 $ 260,000 $ 14,023 $ 24,000 $ - $ - $ 7,248,194 $ 2,233,030 $ 57,481,000 $ 57,481,000 $ -$ 57,481,000 ; $ 6,935,000 $ 313,194 $ 7,248,194 $ 2,233,030 PSA/Contract $ 3,186,027 $ 3,586,082 $ 313,194 $ 3,899,276 $ 3,586,082 $ 313,194 $ 3,899,276 $ 1,683,515 $ -$ -$ -$ - . . . ESTIMATED , EXPENDED TO DATE(%> l•:c:.' ..... 100% 76% 2% 0% 5% 0% 0% 31% 31% 43% Professional Services Agreement Status Report REHABILITATION OF ELLIS AVENUE PUMP STATION JOB NO. 1-10 Total Project Budget: $57,481,000 Consultant: Malcolm Pirnie, Inc. Date Amendment Description 9/25/2002 Original PSA Engineering & Construction support services 11/19/2003 1 Additional engineering services for investigation into 11 alternative sites for pump station location 6/22/2005 2 Modify contract language due to project duration increase Additional engineering services for additional Pending 3 geotechnical investigations, additional utility investigations, and additional survey services EDMS: 003791435 Cost $3,186,027 $400,055 $0 $313,194 07/29/05 · ... Accumulated Costs $3,186,027 $3,586,082 $3,586,082 $3,899,276 Orange County Sanitation District Contract No. 1-10 Replacement of the Ellis Avenue Pump Station Amendment No. 3 Summarv Original Proposal Submitted July 8, 2005 Schedule Burden Item Description Hours Labor Overhead Profit Subtotal Direct Costs Subs Total Remarks I Tunnel -Phase II Geotechnical 123 $ 7,466 $ 7,092 $ 728 $ 15,286 $ 325 $ 145,532 $ 161,143 Investigation Services J Additional Phase I Environmental 36 $ 2,460 $ 2,337 $ 240 $ 5,036 $ 200 $ 23,405 $ 28,641 Investigations K Additional Control Survey Work 20 $ 1,753 $ 1,665 $ 171 $ 3,589 $ 525 $ 19,296 $ 23,410 Totals 179 $ 11,678 $ 11,094 $ 1,139 $ 23,911 $ 1,050 $ 188,233 $ 213,194 SCOPE OF WORK Amendment No. 3 Summary (FINAL).xls -1 - ... ,, \. PDC COMMITTEE AGENDA REPORT Orange County Sanitation District FROM: David Ludwin, Director of Engineering Originator: David May, Project Manager SUBJECT: BUSHARD TRUNK SEWER REHABILITATION JOB NO. 1-2-4 GENERAL MANAGER'S RECOMMENDATION Meeting Date 08/04/05 Item Number PDC05-83 Approve Amendment No. 8 to the Professional Services Agreement with Boyle Engineering Corporation for Bushard Trunk Sewer Rehabilitation, Job No. 1-2-4, providing for additional engineering services for an additional amount of $121 ,905 increasing the total amount not to exceed $2,467,825. SUMMARY To Bel. of Dir. 08/24/05 Item Number 13(q) • The project is located within the Cities of Huntington Beach and Fountain Valley. The trunk sewer is on Bushard Avenue between Ellis Avenue and Banning Road, Banning Road between Bushard Avenue and Brookhurst, and Brookhurst between Banning Road and Plant No. 2. The project consists of four miles of 108-inch sewer pipe. • Construction began in November, 2002 and Boyle Engineering Corporation has been providing engineering support services, including geotechnical testing, since then. • Mediations between the Sanitation District and Contractor and material suppliers have recently concluded. Construction is expected to resume in January 2006 and be complete by March 2007. Engineering services are required to prepare pipe purchase bid documents, perform a hydraulic capacity to determine if any pipe segment diameters can be reduced, and design Ellis Avenue intersection bypass pumping design. Potholing to support design is also required. PRIOR COMMITTEE/BOARD ACTIONS A Professional Services Agreement (PSA) was approved with Boyle Engineering Corporation on April 26, 2000. Please see attached PSA status report for subsequent actions. PROJECT/CONTRACT COST SUMMARY The authorization is within the project's budget for FY2005/06. See the attached Budget Information Table. Page 1 BUDGET IMPACT IZJ This item has been budgeted. (Line item: FY 2005/06, Section B, p. 47: Capital Improvement Program, Collections Facilities, Bushard Trunk Sewer Rehabilitation, Job No. 1-2-4.) D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. D Not applicable (information item) ADDITIONAL INFORMATION Amendment No. 7 to the Boyle Engineering Corporation contract was approved in November 2004. At that time, construction was slowing and eventually stopped due to pipe cracking issues which have been discussed extensively with this committee. Since approval of Amendment No. 7, the Sanitation District, the Contractor, and pipe material supplier have since mediated differences. Construction is expected to resume in 2006. Settlement conditions reached require the need for additional engineering services to be provided. The settlement agreement requires that OCSD will procure and supply pipe to S.P. Rados. As a result, bid documents for pipe purchased by OCSD need to be prepared. Additionally, an investigation into hydraulic capacities is being requested to determine if pipe sizes can be reduced for a portion of the remaining piping to be constructed. Impacts to the public will be reduced during construction if smaller pipe can be used. A bypass pumping design is required in support of the Ellis Intersection work. ALTERNATIVES No alternatives are proposed. CEQA FINDINGS This project was included in the 1999 Strategic Plan Program EIR certified on October 27, 1999. A Notice of Determination was filed on October 29, 1999. The project was included in Addendum No. 3 to the Program EIR approved on December 19, 2001. The addendum did not change the CEQA findings. ATTACHMENTS 1. Budget Information Table 2. Professional Services Agreement Status Report 3. Letter Proposal for Amending Professional Services Contract, from Boyle Engineering Corporation , dated July 8, 2005. DM:kf:ba:kf:ba H:\dept\agenda\PDC\2005\Agenda Reports\0805\05-83 -1-2-4 -080405 -REVISED.doc Page 2 ' ' J PROJECT/PHASI; Phase 1 -Project Development Phase 2 -Preliminary Design Phase 3 -Desian Phase 4 -Construction Phase 5 -Commissioning Phase 6 -Close-Out Phase 7 -Continaencv PROJECT TOTAL !Reimbursable Cosls PROJECT NET Design PSA Construction Contract 003793146 1. ORIGINAL AUTHO~IZED, •• BUDGET ,. ' $ 74,000 $ $ 10,000 $ $ 2,168,000 $ $ 48,142,000 $ $ 416,000 $ $ 72,000 $ $ 2,698,000 $ $ 53,580,000 $ ·' CURRENT .. BUDGET INFORMATION TABLE BUSHARD TRUNK SEWER REHABILITATION JOB NO. 1-2-4 ' ;: PROPOSED PROPOSED FUNDS .. BUDGET THIS PROJECT ;<') INCREASE;;, REVISED,: AUTHORIZED TO AUTHORlzATloN BUDGET /DECREASE 8uo6ef'· , ... DATE . •REQUEST . ·. .,,. ' "'·· ,,,., .. , .. l 74,000 $ 74,000 $ 74,000 10,000 $ 10,000 $ 10,000 $ - 2,168,000 $ 2,168,000 $ 2,168,503 48,142,000 $ 48,142,000 $ 37.003,000 $ 1,128,018 416,000 $ 416,000 $ 326,000 72,000 $ 72,000 $ 40,000 2,698,000 $ 2,698,000 $ 2,698,000 53,580,000 $ -$ 53,580,000 $ 42,319,503 $ 1,128,018 ' ··. PROPOSED ESTIMATED ., •. TQT~L · .. · l EXPEN[)ITURE AUTHORIZATION TO DATE :· $ 74,000 $ 73,888 $ 10,000 $ 9,161 $ 2,168,503 $ 2,172,525 $ 38,131,018 $ 21,588,005 $ 326,000 $ 251,509 $ 40,000 $ 1,657 $ 2,698,000 $ 43,447,521 $ 24,096,745 $ 53,580,000 $ 53,580,000 $ 53,580,000 $ 42,319,503 $ 1,128,018 $ 43,447,521 $ 24,096,745 PSA/Contract $ 845,300 $ 2,345,920 $ 1,128,018 $ 3,473,938 $ 2,345,920 $ 1,128,018 $ 3,473,938 $ 2,143,726 $ 30,260,934 $ 32,264,139 $ -$ 32,264,139 $ 32,264,139 $ -$ 32,264,139 $ 16,247,398 ESTIMATED EXPENDED TO DATE(%) ..: ... 100% 92% 100% 57% 77% 4% 0% 55% 55% 62% 50% Professional Services Agreement Status Report Bushard Trunk Sewer Rehabilitation Job No. 1-2-4 Total Project Budget: 53, 580,000 Consultant: Boyle Engineering Corporation Date Amendment Description Cost Accumulated Costs Engineering design and construction support 4/26/00 Original PSA services for replacement and/or rehabilitation of $845,300 $845,300 Bushard Trunk Sewer 1/11/01 1 Increasing the utility search activities to include 37 $24,800 $870,100 additional potholes 3/21/01 2 Provide for additional study of City of Huntington $12,808 $882,908 Beach sewer interfacing. Provide for groundwater hydraulic testing and 6/27/01 3 include fiber optic cable conduits in the $85,000 $967,908 construction documents. Additional engineering services including geotechnical boring work, City sewer relocation, 2/28/02 4 study of flow handling for construction, Plant No. 2 $231,200 $1, 199,108 entrance modifications, City storm drain relocation at Adams Blvd., pavement survey, and the connection to Plant No. 2. Additional engineering services for construction support including submittal review, consultation, 10/23/02 5 meetings, pipe inspection, materials inspection, $555,403 $1,754,511 and geotechnical reviews. 07/29/05 Additional engineering services related to pipe 12/17/03 6 problems, traffic control plans, pipe lining study, $264,900 $2,019,411 large number of submittal reviews, and additional meetings. Additional engineering services related to project 11/17/03 7 time extension, continued pipe problems, and $326,509 $2,345,920 service to meet public concerns. Additional engineering services related to project Pending 8 time extension. Noise, vibration, surface $1,128,018 $3,473,938 condition, and settlement baseline condition establishment and monitoring during construction. 003792994 07/29/05 David May, PE, PMP Integrated Program Management Consultants ORANGE COUNTY SANITATION DISTRICT I 0844 Ellis A venue P.O. Box 8127 Fountain Valley, CA 92728-8127 Bushard Trunk Sewer Project, Contract 1-2-4, PO # 100589 Request for Amendment No. 8 to Professional Services Agreement Dear Mr. May: July 8, 2005 OC-CJ 1-150-11 At a meeting in your office and a subsequent meeting in our office, we were requested to provide additional services to the current contract. Due to schedule constraints, we started performing some of the tasks. Since the contract has been in force for quite a few years, it is believed that the best way to approach this Request for Amendment is to identify the work remaining and to estimate the cost of this work remaining from April 4, 2005, to the end of the project. The following is a list of tasks associated with the additional scope of services for the Bushard Trunk Sewer Project. I. Task Group l -Pipe Specification Modification a. Meetings -Assume four ( 4) meetings, with each meeting two (2) hours in length. Meetings will include a kickoff meeting, a meeting with the Contractor regarding means and methods, a Draft Review, and a Final Review. b. Project Management -Time to manage project, prepare monthly progress reports, decisions log, accounting, and invoicing. c. Alternative Material Investigation -This is time spent to evaluate Dry Cast as alternative construction materials. The results of the investigation will be discussed with OCSD to determine if Dry Cast should be added as an alternative to the bid package. d. Specification Development and Modifications -This is time spent on actual development of the purchase specification for the pipe, modification to the existing Y:\CI 1\150\Docs\Project Controls\Amendment No. 8\Ltr May 07 08 OS Req Amend No. 8.doc David May, PE, PMP Page2 July 8, 2005 specifications, and coordination of OCSD "boiler plate" specifications with the technical specifications, plus QC review. e. Drawing Revisions -Time for changes to drawings to reflect revised specifications. This may include connection and/or revisions to previously installed pipe connections, additional information to drawings and changes to construction notes. Also included is drawing check of revisions and QC review. Drawing revision will assume that at least one alternative material will be specified. f. Review Bid Packages-Bid packages for manufacture of pipe will be prepared by OCSD. Boyle will review general conditions for consistency with the specifications. 2 Task Group 2 -Hydraulic Capacity Investigation a. Meetings -Time spent in meetings to discuss findings and results of investigation. Assume two (2) meetings at two (2) hours per meeting. The first meeting will be with OCSD to discuss operation of Bushard Trunk Sewer based on the operation of the Ground Water Recharge Project with OCWD. Second meeting will be review of Draft Technical Memorandum 2. b. Project Management -Time to oversee and coordinate the extra work. c. Hydraulic Review -Time spent to investigate the hydraulic profile and effects of reduced pipe sizes (102-inch and 96-inch diameter) during peak wet weather flows and peak dry weather flows. Time should also include check of hydraulic work and QC review. The Hydraulic Review will be presented as Technical Memorandum 2. d. Specification Revisions -Time spent to modify specifications due to change in pipe diameter. Time to include redesign of pipe reinforcement, as required, including check of calculations and QC review. e. Drawing Revisions -Time spent to revise drawings to change diameter, loading calculations, and possibly slope of pipe. Time also to include drawing check and QC review. Drawing revision time will assume that pipe diameter sizes change based on Boyle's recommendation from Technical Memorandum 2 and OCSD' s approval. f. Estimate of Probable Cost -Time spent to develop an estimate of the probable cost. 3. Group 3 -Ellis and Bushard Intersection Bypass a. Project Management -Time spent to oversee and coordinate the work. b. Coordination and Review Meetings -Time spent to discuss alternative designs and coordination with the construction documents by Malcolm Pirnie. This could be in the form of meetings and conference calls. This also includes two (2) meetings; one Y:\CI I\ I 50\Docs\Project Controls\Amendment No. 8\Ltr May 07 08 05 Req Amend No. 8.doc David May, PE, PMP Page 3 July 8, 2005 will be with the City of Fountain Valley regarding traffic control. The other is attendance at the City Council Meeting. c. Development of Alternatives-Alternative designs or revisions to the design will be developed for the bypass as a result of coordination meetings. Time will be required to develop preliminary traffic plans for the construction of the bypass. Boyle will also develop a plan indicating where additional potholing will be required. Boyle has included, as an allowance, a pothole contractor to perform this work. d. Design of the Bypass -This includes construction drawings, specifications, and traffic control plans. Instrumentation and control is not included since the pumps will be controlled manually. Coordination with SCE is included. There will not be any electrical drawings. 'll--... ,,_Task Group 4 -Extended Construction Services /""' ~ / a..... Time required to manage the extended portion of construction services to be provid~d·~· ~~a result of construction delay due to fabrication and construction problems. f'/ Rem~ining construction is estimated to occur from January 2006 to March ~007. b. Cons~fion Support Services -These services are required to cover~tended construction 'Jjei:!_od due to pipe fabrication and construction prol}erfis. These services include, primarily;'-~onthly reports, invoicing, response to Regtlest for Information, review of submittals;RQ_d meetings to address subsurface y.nt{nown conditions. Revision to construction'documents as a redesign is n0,t.1ncluded as a part of this request. If the change cannC>t~e handled as an as-~flt revision, and documented on the Record Drawings, then addltiq~al services wili be identified at the time, and a request for contract amendment witl"be reqµ~ed to address the change. ',r· c. Boyle previously provided litigation s~~to OCSD. Under the previous ~ ' amendment, an allowance for th~,e services was._included. However, the allowance was inadequate to cover the ~JJ(6unt of support tha't,~as provided. We have included a subtask to cover the poq.ion of litigation support nol'covered by the previous allowance. Any addi~ienal litigation support to that whicbJlas already been provided will be covered b),1 an additional request for amendment. '· .... " ~ ~ d. Boyle had prcfvided services to OCSD for House Surveys through~i-subcontract with Lombardt,The approved total for these services was $60,000. These ~~rvices were provided to OCSD on an as needed basis with direct communication with t"arnbard. Jh~ services provided by Lombard are now complete for the current portion ~~prk. . 'The requested services exceeded the budgeted amount by $10,220. We have inclutied the difference under the Construction Support Service Task. ,...,'"·· Y:\CI 1\150\Docs\Project Controls\Amendment No. 8\Ltr May 07 08 05 Req Amend No. 8.doc ·~ ... ~~ \ ....... , .').,_ David May, PE, PMP Page4 5. Task Group 5 -Subcontracted Services July 8, 2005 An Allowance has been estimated for Task Group 5 Services. These services will be provided on a "Task Order" basis as required by OCSD. Boyle Engineering, and their subconsultants, will not proceed without written authorization from OCSD. The amount of services requested of Boyle and their sub consultants will be identified based on mutual agreement. Boyle does not intend to invoice for those services until that portion of the task is executed. ' / ~b,House Surveys -Lombard. Those services provided by Lombard to OCSD as ,,/ tequired by OCSD and under the direction of OCSD. Boyle has included time fgr/ monit9ring the work performed by Lombard. An allowance for these servic~~s· includcia,.,·,., / .• b. Geotechnical ~.sting and Support -Geomatrix. These are service$1'rovided by Geomatrix during"lb; construction period for soils and compacyaii testing. Due to the extended construction schedule, which is estimated to extend to March 2007, cost will be incurred to perfotrn~,these services. An allowanc.e-f~r these services is included. "·""" // ~ r ~"" ,,.,,.~· c. Hydraulic Testing-These services~~ to be py6vided by Geomatrix. Geomatrix will prepare an initial report describing the ~ioipated effects of dewatering along the pipeline. As construction proceeds, Gecriliatdx will document the actual effects of dewatering and documentation of p...os~ible chihges to the original report. /.-' "·· d. Vibration Study and Analysw:::::. These services will be.provided by Geomatrix on an as needed basis. This wjlM~clude testing and/or analystS"Qf testing performed by others. ./ / · -.. ... ... ,.i"·· ... .,~ e. Sound Study -yThis service will be provided by Wieland. Servic~'\vjll consist of an initial repq.no'Of ambient background noise to establish a base. Additi~'ha,! testing during;:onstruction will be provided on an as-needed basis at OCSD's reqb~~t. The ini~iar'sound survey will be conducted prior to January 2006. Surveys during"' ... pdnstruction will occur from January 2006 to March 2007. An allowance for these.._ --services is included. ., ·. f. Potholing -These services will be provided to OCSD by an experienced contractor approved by Boyle and OCSD. Additional potholing is required for the Bushard/Ellis intersection. An allowance for these services is included. Due to scheduling concerns, and at the request of OCSD, Boyle has started Tasks I, 2, and 3 in order to resume construction by January 2006. Y:\CI 1\150\Docs\Project Controls\Amendment No. 8\Ltr May 07 08 OS Req Amend No. 8.doc David May, PE, PMP Page 5 Attached is a breakdown of costs associated with the aforementioned tasks. July 8, 2005 We appreciate the opportunity to serve OCSD. If you have any questions, please call the undersigned at 949-476-3300. Sincerely, Boyle Engineering Corporation Eugene C. Spilker, PE Sr. Project Manager Attachment: Breakdown of Costs Mark W. Miller, PE Managing Engineer Y:\CI 1\150\Docs\Project Controls\Amendment No. 8\Ltr May 07 08 05 Req Amend No. 8.doc Description Task I Pipe Specs Task 2 Hydraulic Capacity Task 3 Ellis Bushard By-Pass +asl< 4 61HeAeee GeAslF1:1e1ieA 8eR'iees +asl< 3 81:1eeeAIFae1s-~ r-.... ·-=·· .,.. ---'" -·-· ... ·•••o ... ·- r-·-·-= ...... "· r -·-· 0# ---·-· ......... Ge&me1Fi11 l,<ieFetieA 811:1ey He1:1se 81:1F"'e;'s bemeaffi l>leise 81:1F"'e;' Potholing - TOTALS (I) Overheod figured 01 102% (2) Profit Cokulotcd ot 8.25'V. Weileoo (3) Es1im;11cd Alow:inccs for services r . ·i -~ c • .,, ·-··-" -.-,. -- Engineering Services, (direct burdened labor at hourly rates, plus overhead at I 02%) not to exceed Subconsultant Fees (Allocation) Profit= 8.25% Direct Costs, Not to Exceed Total Not to Exceed Amendment# 8 Cost Summary Labor Overhead 11 L +O Profit <2> Direct Cost Subcontract Total s 11 ,958 $ 12,197 $ 24,155 s 1,993 $ 26,148 $ 7,098 $ 7,240 $ 14,338 $ 1,183 $ 15,521 $ 30,796 $ 31,412 $ 62,208 $ 5,132 $ 1,000 $ 68,340 s 99,3e3 s IQl ,334 s 2Ql ,l I+ s ie,392 s l,QQQ s IQ,2W s 2.2.8,929 s s s 3,89Q s 0,QQ8 s 11 ,898 s 982 s 223,QQQ s 237,879 s 2,Q9Q s 2,132 s 4,2;!;! s 348 s IQQ,QQQ s 104,S70 s ;i,Q9Q s 2,132 s 4,2;!2 s 348 s IQQ,QQQ ~ s 3,89Q s e,GG8 s 11,898 s 982 s 300,QQQ s 312,879 s l,Q43 s 1,oee s 2,111 s 1+4 s 13,QQQ s 17,28S s 867 $ 884 $ 1,75 1 $ 144 $ 10,000 $ 11,896 $ 50,719 $ 51,733 $ 102,452 $ 8,452 $ 1,000 $ 10,000 $ 121,905 Existing Agreement as Change per Amendment amended No.8 Amended Agreement $1 ,363,432 $102,452 $1 ,465,884 $841 ,537 $10,000 $851,537 SI 14,45 1 $8,452 $122,903 $26,500 $1,000 $27,500 $2,345,920 $121,905 $2,467,825 PDC COMMITEE Meeting Date To Bel. of Dir. 8/4/05 8/24/05 AGENDA REPORT Item Number Item Number PDC05-84 13(h) Orange County Sanitation District FROM: David Ludwin, Director of Engineering Originator: Alberto Acevedo, Project Manager SUBJECT: ELECTRICAL EQUIPMENT REFURBISHMENT AND PROTECTION JOB NO. SP-81 GENERAL MANAGER'S RECOMMENDATION Approve a budget increase for an additional $1,495,000 for Electrical Equipment Refurbishment and Protection, Job No. SP-81 , for a total of $5, 132,0QQ, SUMMARY • The original project included replacement of switchgear for the Return Activated Sludge (RAS) equipment and the Dissolved Air Flotation Thickener (DAFT) at Plant No. 2, addition of air conditioning systems in ~II the areas to be modified by this project and the addition of a roof over Distribution Center "D". • During the initial stages of the Design Phase, District Staff identified other equipment that needed to be updated or replaced in this project in order to implement the recommendations from Job No. J-25-4, Electrical Power System Studies. The J-25-4 studies identified deficiencies throughout Plant Nos. 1 and 2 in the electrical power distribution systems, and made recommendations for improvements. In addition, the studies recommended that these improvements be added/included in other existing or planned Capital Improvement projects. • The equipment to be updated or replaced which were not included in the original project scope includes: 1. 2. 3. 4. 5. 6. 7. 8. 9. Revised: 06/04/03 High resistance grounding for existing transformers Changing the sensors and plugs in existing breakers. Upsize the conductor feeding the main breaker in a distribution panel. Installing a new circuit breaker in a Motor Control Center and a new cable to a Variable Frequency Drive. Verify and upsize, if needed, a circuit breaker and feeder to an existing Bridge Crane. Install a new circuit breaker and a new cable to another Variable Frequency Drive. Relocate and upsize, if needed, the starter unit for another Bridge Crane. Remove the existing power feed and re-route it to feed another service. Provide lighting arresters and Transient Voltage Surge Suppression. Page 1 1 O. Provide full enclosure and air-conditioning equipment at a Distribution Center. 11 . Upgrade various equipment so that it will comply with Sanitation District Design Guidelines. 12. Remove and replace existing transformers with new equipment sized to meet Electrical System Analysis Software (ET AP) data provided by the District. 13. Install a new battery system to provide backup power for operation and control at each new switchgear. 14. Installation of high resistance grounding to transformers located in a Distribution Center. PRIOR COMMITTEE/BOARD ACTIONS Please see attached PSA Status Report. PROJECT/CONTRACT COST SUMMARY Approval of this budget increase is being requested in to insure that sufficient budget is available for the construction of the recommended facilities designed under this project. The construction budget increase of $1 ,495,000 is being requested for a total construction budget of $3,700,000, and bringing the total project budget to $5, 132,000. Please see the attached Budget Information Table. BUDGET IMPACT D This item has been budgeted. rgj This item has been budgeted, but there are insufficient funds. (Line item: Section a, page 97) D This item has not been budgeted. D Not applicable (information item) ADDITIONAL INFORMATION In the Current budget (fiscal year 2005/2006), the project has a budget for construction work of $2 ,205,000. This budget did not account for the additional construction cost associated with the items presented above. The Design Consultant has prepared a Construction Cost Opinion for the implementation of this project in their Design Submittal (DS-3) that is approximately $3,700,000. ALTERNATIVES No viable alternatives. CEQA FINDINGS This project is exempt per CEQA and District Guidelines, Section 15301 (B). A Notice of Exemption was filled with the County of Orange on May 22 , 2003. Revised: 06/04/03 Page 2 •• •. ATTACHMENTS 1. Budget Information Table 2. PSA Status Report AAC:ba H:\dept\agenda\Board Agenda Reports\2005 Board Agenda & Agenda Reports\0805\ltem 13(h).SP-81.doc Revised: 06/04/03 Page3 ORIGINAL ··.AUTHORIZED PROJECT/TASK BUDGET (FY04/05) .. .. . . ·" . Phase 1 -Project Development $ -$ Phase 2 -Preliminary Design $ 3,000 $ Phase 3 -Desian $ 457,000 $ Phase 4 -Construction $ 2,140,000 $ Phase 5 -Commissioning $ 118,000 $ Phase 6 -Closeout $ 30,000 $ Continaencv $ 343,000 $ PROJECT TOTAL $ 3,091,000 $ !Reimbursable Costs PROJECT NET $ 3,091,000 $ Desian PSA $ Construction Contract $ EDMS: 003791876 BUDGET INFORMATION TABLE ELECTRICAL EQUIPMENT REFURBISHMENT AND PROTECTION JOB NO. SP-81 CURRENT ; PROPOSED ':FUNDS THIS' :·1. PROPOSED ESTIMATED : .( PROPO$ED ... PROJECT BUDGET BUDGET . REVISED AUTHORtZED TO AUTHORlzATION TOTAL EXPENDITURE TO (FYOS/06) INCREASE BUDGET DATE REQUEST AUTHORIZATION DATE . .. . . .. . -$ -$ -$ -$ - 3,000 $ -$ 3,000 $ 3,000 $ -$ 3,000 $ 2,569 417,000 $ -$ 417,000 $ 417,000 $ -$ 417,000 $ 274,281 2,629,000 $ 1,495,000 $ 4,124,000 $ -$ 6,409 118,000 $ -$ 118,000 $ -$ -$ 904 30,000 $ -$ 30,000 $ -$ -$ - 440.000 $ -$ 440,000 $ -$ -$ - 3,637,000 $ 1,495,000 $ 5,132,000 $ 420,000 $ -$ 420,000 $ 284, 163 11 3,637,000 $ 1,495,000 $ 5,132,000 $ 420,000 $ -$ 420,000 $ 284, 163 214,049 $ -$ 214,049 $ 214,049 $ -$ 214,049 $ - 2,205,000 $ 1,495,000 $ 3,700,000 $ -$ -$ - 1 of 1 ESTIMATED' ExPENDEDTO DATE(%) . .. 0% 86% 66% 0% 0% 0% 0% 68% 68% 0% 0% 7/29/2005 Professional Services Agreement Status Report Electrical Equipment Refurbishment & Protection Job No. SP-81 Total Project Budget: $ 3,637,000 Consultant: Fluor Enterprises, Inc. Start Date of Project: 06/30/2003 Date Addendum Description 6/25/2003 Original Engineering Design PSA Additional design work to upgrade or replace 11/4/2004 1 additional electrical equipment to meet the requirements of J-25-4 project. EDMS: 003781648 I of 1 Cost Accumulated Costs $ 85,500 $ 85,500 $ 128,549 $ 214,049 7/29/2005 MINUTES GWR System Steering Committee July 11, 2005 GROUNDWATER REPLENISHMENT SYSTEM STEERING COMMITTEE STEERING COMMITTEE (A Committee of Orange County Water District and Orange County Sanitation District Directors) OCWD Boardroom, 10500 Ellis Avenue, Fountain Valley Monday, July 11, 2005, 5:30 p.m. Committee Members Philip L. Anthony Kathryn Barr Roger Yoh Steve Anderson Mike Duvall Carolyn Cavecche Alternates Jan Debay Denis Bilodeau Steve Sheldon Jim Ferryman Don Bankhead Larry Crandall Other Directors Present None OCWD Director, Chairman ............. Present OCWD Director .............................. Present OCWD Director ............................... Present OCSD Director ............................... Present OCSD Director, Vice Chairman ....... Present OCSD Director ............................... Present OCWD Director (No. 1) ................... Present OCWD Director (No. 2) Present OCWD Director (No. 3) ............ Not Present OCSD Director (No. 1) ............. Not Present OCSD Director (No. 2) .................... Present OCSD Director (No. 3) .................... Present CONSENT CALENDAR (ITEM NO. 1) MOTIONNOTE ACTION TAKEN 1. MINUTES OF PREVIOUS MEETING ANTHONY -AYE RECOMMENDATION: Approve Minutes of the June 13, 2005 BARR-AYE APPROVED DEBAY -MOTION, AYE Groundwater Replenishment System ANDERSON -AYE Steering Committee Meeting as mailed DUVALL-SECOND, AYE CAVECCHE -AYE 2. CHANGE ORDER NO. 1 TO RUTAN & TUCKER'S ANTHONY -AYE PROFESSIONAL SERVICES AGREEMENT FOR GENERAL BARR-AYE APPROVED LEGAL SERVICES RELATING TO THE GWR SYSTEM DEBAY-MOTION, AYE PROJECTS ANDERSON -AYE RECOMMENDATION: Agendize for the July 20 OCWD Board DUVALL-SECOND, AYE meeting: Authorize issuance of Change CAVECCHE -AYE Order No. 1 to Rutan & Tucker Professional Services Agreement in the amount of $50,000 to continue providing general legal services associated with the GWR System projects -1 - 3. ADDENDUM NO. 6 TO PROFESSIONAL SERVICES AGREEMENT WITH MWH AMERICAS, INC. FOR CONSTRUCTION MANAGEMENT SERVICES FOR THE GROUNDWATER REPLENISHMENT SYSTEM PROGRAM RECOMMENDATION: Agendize for the July 20 OCWD and July 27 OCSD Board meetings: Authorize issuance of Addendum No. 6 to the MWH Americas, Inc. Professional Services Agreement, that provides a cost-of-living increase of 3.0% from April 2004 through April 2005, increasing the authorized amount by $212,205, to an amount not to exceed $13,785,451 4. PUBLIC INFORMATION AND EDUCATION PROGRAM: REQUEST FOR PROPOSAL FOR PUBLIC RELATIONS FIRM FOR THE GROUNDWATER REPLENISHMENT SYSTEM OUTREACH AND CONTINUATION OF THREE OUTREACH SPECIALISTS RECOMMENDATION: Agendize for the July 20 OCWD Board meeting: Authorize issuance of a Request for Proposals for Public Relations services for the GWR System for a one year term with the option to renew for an additional year; and authorize staff to negotiate directly with KW Communications, JD Communications and Tashiro Choi and Associates to provide services directly to the District for construction and multi- cultural outreach END OF CONSENT MATTERS FOR CONSIDERATION 5. ISSUANCE OF A PURCHASE ORDER FOR COMPUTER HARDWARE TO SUPPORT THE COMPUTERIZED MAINTENANCE MANAGEMENT SOFTWARE RECOMMENDATION: Agendize for July 20 OCWD Board meeting: Authorize issuance of a purchase order to Key Information Management Systems Inc. in the amount of $128,229 for Integrated Information System computer hardware and support services to support the Computerized Maintenance Management System -2- GWR System Steering Committee July 11, 2005 ANTHONY -AYE BARR-AYE DEBAY -MOTION, AYE APPROVED ANDERSON -AYE DUVALL-SECOND, AYE CAVECCHE -AYE ANTHONY -AYE DIRECTOR BARR-MOTION, AYE CRANDALL YOH-AYE PROPOSED THAT THE ANDERSON -AYE RECOMMENDATION DUVALL-SECOND, AYE ALLOW FOR A TWO- CAVECCHE -AYE YEAR EXTENSION. NEW RECOMMENDATION TO READ: " ... WITH THE OPTION TO RENEW FOR TWO ADDITIONAL ONE- YEAR EXTENSIONS, ... II APPROVED AS AMENDED ANTHONY -AYE BARR-AYE APPROVED YOH-AYE ANDERSON -AYE DUVALL-MOTION, AYE CAVECCHE -SECOND, AYE 6. SECOND AMENDED AND RESTATED AGREEMENT FOR GROUNDWATER REPLENISHMENT PIPELINE CONSTRUCTION WITHIN RIVER VIEW GOLF COURSE RECOMMENDATION: Agendize for the July 20 OCWD Board meeting: Approve the Second Amended and Restated Agreement for Groundwater Replenishment Pipeline Construction Within River View Golf Course for changes in the temporary bike detour schedule and compensation structure for a total amount not to exceed $350,000 INFORMATIONAL ITEMS 7. OWNER CONTROLLED INSURANCE PROGRAM UPDATE 8. SOUTHERN CALIFORNIA WATER COMPANY PRODUCTION WELL REPLACEMENT 9. ADVANCED WATER PURIFICAITON FACILITY COST SAVINGS UPDATE 10. PROJECT SCHEDULE AND BUDGET UPDATE 11. CONSTRUCTION PROJECTS PROGRESS 12. MONTHLY CHANGE ORDER UPDATE 13. STATUS REPORT • Grants and Loans Update • Public Information and Education Update DIRECTORS' ANNOUNCEMENTS/REPORTS GENERAL MANAGERS' ANNOUNCEMENTS/REPORTS ADJOURNMENT TO CLOSED SESSION CONFERENCE WITH LEGAL COUNSEL -EXISTING LITIGATION [SECTION 54956.9(A)) PALL CORPORATION V. OCWD-SUPERIOR COURT CASE No. 02CC06622. RECONVENE IN OPEN SESSION ADJOURNMENT -3- GWR System Steering Committee July 11, 2005 ANTHONY -AYE BARR-AYE APPROVED YOH-AYE ANDERSON -AYE DUVALL-MOTION, AYE CAVECCHE -SECOND, AYE INFORMATIONAL DIRECTOR YOH PRESENTED SOME INFORMATION ABOUT A POTENTIAL ALT. SITE ALONG THE SR-57 AND 0RANGETHORPE, WHICH STAFF WILL EVALUATE. INFORMATIONAL INFORMATIONAL INFORMATIONAL INFORMATIONAL INFORMATIONAL 7:10 P.M. BOARD OF DIRECTORS Meeting Date To Bel. of Dir. 8/24/05 AGENDA REPORT Item Number Item Number 15 Orange County Sanitation District FROM: Michael D. White, Controller SUBJECT: TREASURER'S REPORT FOR THE MONTH OF JULY 2005 GENERAL MANAGER'S RECOMMENDATION Receive and file Treasurer's Report for the month of July 2005. SUMMARY Pacific Investment Management Co. (PIMCO), serves as the District's professional external money manager, and Mellon Trust serves as the District's third-party custodian bank for the investment program. Some funds are also deposited in the State of California Local Agency Investment Fund for liquidity. The District's Investment Policy, adopted by the Board, includes reporting requirements as listed down the left most column of the attached PIMCO Monthly Report for the "Liquid Operating Monies" and for the "Long-Term Operating Monies" portfolios. The District's external money manager is operating in compliance with the requirements of the Investment Policy. The portfolio contains no reverse repurchase agreements. As shown on page 2 of the attached PIMCO's Performance Monitoring and Reporting Report for the Liquid Operating Monies, there is one investment policy compliance exception. It pertains to exceeding 5.0% maximum US Gov/Agency exempt at 8.94% due to a $35 MM cash withdrawal that settled on June 30 , 2005. This issue has been resolved and the account is back into compliance as of the date of this report. As shown on page 2 of the attached PIMCO's Performance Monitoring and Reporting Report for the Long-Term Operating Monies, there is one investment policy compliance exception. It pertains to the holding of one security within PIMCO's Long-Term Operating Monies Portfolio that had an acceptable rating at the time of purchase but has since fallen below the minimum rating allowed by the investment policy. The District's investment policy requires a minimum rating of A3 by Moody's or A-by S&P, with at least a BBB rating in the event of a split rating, at the time of purchase. The rating exception pertains to the holding of a United Airlines (UAL) Asset Backed Security with a par value of $1.6 million, representing 0.50 percent of the portfolio holdings, whose rating from Moody's has fallen several times, from A3 to BA 1, then to BA3, B3, B, and finally to CA. Likewise, the rating from Standard & Poor's has also fallen several times, fi rst from A-to BBB, then to BB, then to B+, B-, and finally to CCC+. Both rating agencies have since withdrawn their ratings, Moody's in February 2004 and Standard & Poor's in June 2004. Although these ratings are less than what is required at the time of purchase, PIMCO believes, based on the financial strength of H:ldepl\agenda\Board Agenda Reports\2005 Board Agenda & Agenda Reports\0805\llem IS.Treasurer Report.doc Page 1 UAL and the underlying collateral of the security, that the District would suffer an unwarranted loss if the security was sold at this time. The District's investment policy does not require any action because of "credit watch" notices or the decline in credit standing. However, PIMCO will continue to monitor the credit for this security very closely. Historical cost and current market values are shown as estimated by both PIMCO and Mellon Trust. The District's portfolios are priced to market ("mark-to-market") as of the last day of each reporting period. The slight differences in value are related to minor variations in pricing assumptions by the valuation sources at the estimate date. BUDGET IMPACT D This item has been budgeted. (Line item: ) D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. IZI Not applicable (information item) ADDITIONAL INFORMATION Schedules are attached summarizing the detail for both the short-term and long-term investment portfolios for the reporting period. In addition, a consolidated report of posted investment portfolio transactions for the month is attached. The attached yield analysis report is presented as a monitoring and reporting enhancement. In this report, yield calculations based on book values and market values are shown for individual holdings, as well as for each portfolio. Mellon Trust, the District's custodian bank, is the source for these reports. Transactions that were pending settlement at month end may not be reflected. Also provided is a summary of monthly investment balances and transactions within the State of California Local Agency Investment Fund (LAIF). These reports accurately reflect all District investments and are in compliance with the District's Investment Policy and previous requirements of California Government Code Section 53646. Government Code Section 53646 mandated that annual investment policies and quarterly reports be rendered to the legislative body. AB2853, which was signed on September 29, 2004, amends Government Code Section 53646 to remove the requirements; the rendering of these documents is optional. Although the Annual Investment Policy and Monthly and/or Quarterly Reports are no longer required, we believe it prudent to continue providing the legislative bodies with these documents. In addition, Government Code Section 53607 has not been repealed that requires an annual delegation of investment authority to the Treasurer and the submission of reports that include investment transactions by month. Sufficient liquidity and anticipated revenues are available to meet budgeted expenditures for the next six months. H:\deptlagenda\Soard Agenda Reports\2005 Board Agenda & Agenda Reports\0805\ltem 15.Treasurer Report.doc Page 2 The tables on the following page details the book balances of the District's investment accounts at month-end and a summary of the Cost of Funds on debt issues. A graphical representation of month-end balances is shown on the attached bar chart. Book Balances Estimated Investment Accounts July 31, 2005 Yield(%) State of Calif. LAIF $ 10, 780,807 3.08 Union Bank Checking Account 1,509,027 2.84 (1) Union Bank Overnight Sweep Account 4,847,000 2.54 PIMCO -Short-term Portfolio 38,972,152 3.53 PIMCO -Long-term Portfolio 318,220,792 4.22 Petty Cash 4.000 N/A TOTAL $374 333 778 4.09 Debt Service Reserves wrrrustees Si Z98811Z3 3.78 (1) This is the annualized yield for the month of June. The July annuahzed rate was not available as of the date of this report. Cost of Funds Issue Description 1992 Syn Fixed 1993 Syn Fixed 2000VRDO 2003 Fixed TOTAL Weighted Avg Cost of Funds ALTERNATIVES N/A CEQA FINDINGS N/A ATTACHMENTS Annual Outstanding Interest COP Balance Rate(%) $ 100,275,000 5.55 42,050,000 4.56 199,000,000 2.11 280.000.000 5.15 Si 62:1 325 QQQ 4.20 1. Graph of Monthly Investment Balances by Type -Last Six Months 2. Investment Transactions and Balances in the State Local Agency Investment Fund 3. PIMCO Monthly Investment Recap & Yield Analysis Report 4. PIMCO Performance Monitoring Report -Liquid Operating Monies 5. PIMCO Performance Monitoring Report-Long-Term Operating Monies 6. Mellon Trust Asset Summary by Asset Type with Sectors -Liquid Operating Monies 7. Mellon Trust Asset Summary by Asset Type with Sectors -L-T Operating Monies 8. Mellon Trust Yield Analysis Report 9. Mellon Trust Asset Detail -Consolidated 10. Mellon Trust Transaction Detail -Consolidated MW:bg H:\dept\agenda\Board Agenda Reports\2005 Board Agenda & Agenda Reports\0805\ltem 15.Treasurer Report.doc Page3 The tables on the following page details the book balances of the District's investment accounts at month-end and a summary of the Cost of Funds on debt issues. A graphical representation of month-end balances is shown on the attached bar chart. Book Balances Estimated Investment Accounts July 31, 2005 Yield(%) State of Calif. LAIF $ 10,780,807 3.08 Union Bank Checking Account 1,509,027 2.84 (1) Union Bank Overnight Sweep Account 4,847,000 2.54 PIMCO-Short-term Portfolio 38,972,152 3.53 PIMCO -Long-term Portfolio 318,220,792 4.22 Petty Cash 4.000 N/A TOTAL $374 333 778 4.09 Debt Service Reserves w/T rustees :» zs aaz 113 3.78 (1) This 1s the annualized yield for the month of June. The July annualized rate was not available as of the date of this report. Cost of Funds Issue Description 1992 Syn Fixed 1993 Syn Fixed 2000VRDO 2003 Fixed TOTAL Weighted Avg Cost of Funds ALTERNATIVES N/A CEQA FINDINGS N/A ATTACHMENTS Annual Outstanding Interest COP Balance Rate(%) $ 100,275,000 5.55 42,050,000 4.56 199,000,000 2.11 280.000.000 5.15 m a2:i 325 ooo 4.20 1. Graph of Monthly Investment Balances by Type -Last Six Months 2. Investment Transactions and Balances in the State Local Agency Investment Fund 3. PIMCO Monthly Investment Recap & Yield Analysis Report 4. PIMCO Performance Monitoring Report -Liquid Operating Monies 5. PIMCO Performance Monitoring Report-Long-Term Operating Monies 6. Mellon Trust Asset Summary by Asset Type with Sectors -Liquid Operating Monies 7. Mellon Trust Asset Summary by Asset Type with Sectors -L-T Operating Monies 8. Mellon Trust Yield Analysis Report 9. Mellon Trust Asset Detail -Consolidated 1 O. Mellon Trust Transaction Detail -Consolidated MW:bg H:\dept\agenda\Board Agenda Reports\2005 Board Agenda & Agenda Reports\0805\ltem 15.Treasurer Report.doc Page 3 Monthly Investment Balances by Type- Last Six Months $700,000,000 ~-------------------------------. I $600.000.000 -1------------------------------.i $500,000,000 $ 200 ' 000 ' 000 11m1---1er--1mr---1mr--mmr---em1 $100,000,000 t--~m1---1m1----11m----1m1----mm1---1mm-i February 2005 March 2005 April 2005 May 2005 g PIMCO -Long-term 121 PIMCO -Short-term ISi COP Debt Reserves C!iLAIF CBank Accts llD Petty Cash June 2005 July 2005 _, . . , Balance July 1, 2005 Quarterly Interest Distribution Withdrawals: 7/6/2005 7/14/2005 7/21/2005 7/29/2005 Orange County Sanitation District Investment Transactions and Balances in the State of California Local Agency Investment Fund July 31, 2005 Par Value Book Value Market Value Rate Yield $30,332,936 $30,332,936 $30,332,936 3.08 3.08 147,872 147,872 147,872 3.08 3.08 (1,700,000) (1,700.000) (1,700,000) 3.08 3.08 (2.600.000) (2.600,000) {2,600.000) 3.08 3.08 (5.300,000) (5,300.000) (5.300,000) 3.08 3.08 (10, 100.000) (10. !00.000) Cl 0, ·100.000) 3.08 3.08 Total Withdrawals (19,700.000} (19.700 000) (19,700.000) 3.08 3.08 Balance July 31, 2005 $10,780,808 $10,780,808 $10, 780,808 3.08 3.08 -I PIM C 0 August 8, 2005 Mr. Mike White, CPA Controller Orange County Sanitation District I 0844 Ellis A venue Fountain Valley, CA 92708-7018 Dear Mike: The following is a description of events in the bond markets during the month of July in addition to an analysis of the strategies undertaken in the Orange County Sanitation District's Long-Term and Liquid portfolios over the period. Also included is a section on our outlook and preferred strategies to be pursued in your portfolios during the coming months. Bond Market Recap: tn··the · nmnth-of July~ ·the· bond market reverseU-its~ thre~e;;;month ·rally-and mosr fixed ificom<f sectors · posted negative returns. U.S. Treasuries returned -1.36 percent over the month, underperforming the S&P 500 return of 3.72 percent. Yields on U.S. Treasuries rose across maturities with the yield curve flattening. as measured between 2-and 30-year maturities. Mortgage-backed securities returned -0.50 percent, slightly underperforming Treasuries by 6 basis points after adjusting for duration. Corporate bonds returned -1.0 percent as measured by the Lehman Credit Index, outperforming Treasuries by 50 basis points after adjusting for duration. Lower quality investment- grade corporates outperfonned higher quality issues, as BBB-rated bonds led Treasuries by 93 basis points on a duration-adjusted basis. High yield bonds outperformed both Treasuries and investment- grade issues across the quality spectrum, with the Lehman High Yield Index returning 1. 75 percent. The Lehman U.S. TIPS Index returned -2.10 percent in July, lagging comparable nominal Treasuries for the month. The benchmark 10-year Treasury yield trended higher through July, ending the month at 4.28 percen4 37 basis points higher than at the beginning of the month. Encouraging economic data pointed to a strengthening U.S. economy, reinforcing speculation that the Fed will continue to raise the target interest rate. The manufacturing sector expanded, home sales accelerated, retail sales climbed, and the second quarter GDP report indicated another quarter of strong economic growth. Providing further upward pressure on rates, Fed chairman Alan Greenspan commented that the U.S. economy is in a ''sustained" expansion and more rate increases would be needed to keep inflation in check. The ISM Index expanded from 51.4 in May to 53.8 in June, the first time the index rose since December of last year. The economy created 146,000 new non-farm jobs in June, and the unemployment. rate declined from 5.1 to 5.0 percent, the lqwest level of unempl~yment since September 2001. Inflation data remained relatively stable, as Core CPI rose 0.1 percent while Core PPI fell 0.1 percent in the month of June. GDP grew at a 3.4 percent annual pace in the second quarter, marking the ninth consecutive quarter that GDP growth exceeded 3 percent. The benchmark Fed Funds rate remained at 3.25 percent as of month-end, awaiting results of the next FOMC meeting on August 9th. Mr. Mike White, CPA Orange County Sanitation District Treasury yield changes during the month of July are summarized as follows: • 3-month bills: +28 basis points to 3.39% • 6-month bills: +35 basis points to 3.67% • 2-year notes: + 38 basis points to 4.02% • 5-year notes: +42 basis points to 4.12% • 10-year notes: +37 basis points to 4.28% • 30-year notes: +28 basis points to 4.47% Performance Attribution: Long-Term Portfolio August 8. 2005 Page2 The Long-Term portfolio that PIMCO manages on behalf of Orange County Sanitation District returned -0.40% on a total return basis for the month of July, outperforming the Merrill Lynch 1-5 year Government Corporate Index by 13 basis points. The following points summarize returns for the month ended July 31: -~-I.~-~-~~~B~~!~~~-por.tf~~!~-~~_tp~eforme~ -~~-~~~~~~~~-p~}~---~-~!S.. Ec:>~l_l_~ __ f<?.~--~-~--_l!l_<?~~ ... ----···---- • For the twelve-month period, the Long-Tenn portfolio returned 2.34%, outperforming the benchmark by 58 basis points. • Portfolio duration, below the benchmark, was positive for monthly performance as interest rates rose across all maturities. • Yield curve positioning similar to that of the index was neutral for performance. • An underweight exposure to corporates was negative for performance as the credit sector outperformed Treasuries on a duration~adjusted basis. • Exposure to mortgage .. backed securities was negative for performance as the sector lagged Treasuries on a duration-adjusted basis. • Substituting Treasury Inflation Protected Securities for nominal Treasuries was negative for performance as TIPS underperformed their nominal counterparts during the month. Liquid Portfolio The Liquid portfolio that PIMCO manages on behalf of Orange County Sanitation District generated a total return of 0.28% during the month of July, slightly outperforming the 3-month Treasury Bill Index. The following points summarize returns for the period ending July 31: • The Liquid portfolio outperformed the benchmark by 3 basis points for the month. • For the twelve-month period, the Liquid portfolio returned 2.33%, outperfonning the benchmark by 13 basis points. • Use of higher yielding securities such as commercial pap.er and short-term notes contributed to performance. Mr. Mike White, CPA Orange County Sanitation District Outlook and Strategv: August 8, 2005 Page3 Over the past few years PIMCO's Secular Outlook has described the tension between disinflation and reflation. The forces of disinflation will be stronger over the next several years, which will foster an environment of low and even declining global interest rates. A global free trade-based economy with a surfeit of cheap Asian labor, along with waning fiscal and monetary stimulus, will suppress inflation. U.S. inflation is not likely to exceed 3 percent even if already low interest rates fall further. The same applies for Euroland and Japan, with potential for 1-2 percent CPI throughout much of the global economy over the next five years. This environment will be favorable for high quality bonds. A range of 3-4~ percent for the yield on ten-year Treasuries should prevail over the next several years. Yields on Euroland bonds will be slightly lower due to the region's structural economic problems, disinflationary incorporation of new Central and Eastern European entrants and growth-inhibiting demographics. Important aspects of our secular outlook are: • Bretton Woods II Has Life -Under the so-called Bretton Woods II arrangement, Asian central banks invest their savings in Treasuries to prevent their currencies from appreciating relative to the -----· -U :s~·-dollar,· thereby· helping finance the U;S; 1rade--deflcit~---white a substantiat-Chinese--currency· revaJuation or an erosion of U.S. consumer confidence could undermine BW II, mutual self-interest should sustain this de facto monetary union for the time being. It provides Asian producers with cheap, export-stimulating currencies. U.S. consumers, meanwhile, obtain low cost imports and enjoy interest rates perhaps 100 basis points lower than would otherwise be the case. • The "Pump'' Is Near Its Limit -Over the past five years falling real interest rates associated with BW II and the Federal Reserve's accommodative monetary policy have pumped up valuations of risky assets. These gains stand in contrast to prior periods when asset price appreciation was generated by surging productivity or advances in technology. The effect of the Pump has been to create wealth that has sustained U.S. consumption and kept the global economy going. The Pump is best exemplified by the yield on 5-year TIPS. which has fallen from 4 percent five years ago to I percent today. If 3 percent inflation is all the U.S. has gotten from the Pump, it seems unlikely that we will get more inflation even if real yields fall further. • Low Returns From Riskier Assets -Price inflation in real estate, stocks, corporate bonds and other riskier assets can only be pumped a little further by monetary policy and BW II given already low yield levels. PIMCO is not forecasting a collapse in home values or the stock market, but we believe that we are surely heading down the home stretch of the U.S. race to prosperity based on asset price appreciation. • Leveraged Investments Pose Systemic Risk -Abundant liquidity in financial markets associated with the Pump has allowed for increased leverage and also quicker exits from investment strategies. Leverage throughout the global financial system will pose a danger to risk-oriented markets such as stocks. high yield bonds, complex debt structures such as collateralized debt obligations (CDOs) and real estate as owners realize that their returns can no longer be pumped up anywhere near double- digit expectations. An unwinding of leveraged structures, which could occur even amid economic growth, would roil financial markets and shake confidence. Mr. Mike White, CPA Orange County Sanitation District August 8, 2005 Page4 • Geopolitical Risks -Flash points around the world include North Korea, Taiwan and Iran. An eruption in any of these areas, while impossible to forecast, could undermine the economic stability provided by BW II. To the extent that guidelines allow, PIMCO will employ a diverse range of strategies to enhance portfolio yield while still protecting investors' capital if macroeconomic stability unravels. Key strategies will include: • Duration and Yield Curve -We wiJI maintain tactical flexibility in a low interest rate world. When rates are near the high end of our forecasted range, we will extend duration moderately above the benchmark to capture the benefits of continued disinflation. As rates fall to the lower end of the range, our duration targets will be shortened. While maintaining a neutral yield curve posture overall, we will continue to take selective longer maturity exposure in TIPS, as high quality, longer maturity bonds will be attractive in a disinflationary environment. Longer maturity TIPS should continue to benefit from low and stable real yields. Moreover, the asset class still provides relatively cheap protection against inflation • .. ~m.pb~~~~ . .M9ttg~_ge ... S~c;~rjb' .S~l~.;Jj«m_. ::: __ MQr.t_g~g~-:b~c:ice~ Jmm:l$. __ :will __ rtlm3in.Jm ... imp.ortant .. structural holding because of their current high credit quality and yield advantage versus Treasuries. Given relatively full valuations in this sector, PIMCO seeks to add value via coupon and security selection. • Corporate Strategy -Corporate credit premiums overall remain near historic lows, and disinflation will not be friendly to corporate revenues. PIMCO will continue to underweight this sector, though we may opportunistically add to our holdings if credit premiums widen for select issues. We look forward to discussing these and other topics with you in the near future. Best regards, . . Christine Telish, CF A Vice President John M. Miller, CF A Senior Vice President Orange County Sanitation District for the month ending July 31, 2005 Total Return Account -203 With Accrued Interest Market Value Book Va1ue Yield to Maturity Short Tenn Account -603 321,431,595 323,763,011 4.22 With Accrued Interest -Market-Value...................... -------·----.J.9;11-&.898---------------··--·-··-·-····· Book Value 39,145,633 Yield to Maturity 3.53 Without Accrued Interest 318,434,266 320,765,681 4.26 Without Accrued Interest .. . --39;007,129-" 38,974,464 3-55 ..................................................... -·····--·-·--·······--····'-"•••" MONTHLY REPORT ORANGE COUNTY SANITATION DISTRICT INVESTMENT MANAGEMENT PROGRAM PIMCO'S PERFORMANCE MONITORING & REPORTING (for the month ended 31 July 2005) Liq11id Operati11g Mo11ies (603) 15.1.1 PORTFOLIO COST AND MARKET VALUE Current Market Value Estimate: • PIM CO • Mellon Historical Cost: • PIMCO • Mellon 15.1.2 MODIFIED DURATION Of Portfolio: Of Index: 15.1.3 1 % INTEREST RA TE CHANGE Dollar Impact (gain/loss) of 1 % Change: 15.1.4 REVERSE REPOS % of Portfolio in Reverse Repos: (see attached schedule) 15.1.5 PORTFOLIO MATURITY % of Portfolio Maturing within 90 davs: 15.1.6 PORTFOLIO QUALITY Average Portfolio Credit Oualitv: 15.1.7 SECURITIES BELOW "A" RA TING % of Portfolio Below "A": 15.1.8 INVESTMENT POLICY COMPLIANCE "In Compliance" 15.1.9 PORTFOLIO PERFORMANCE Total Rate of Return (%)by Period: l Month: 3 Months: 12 Months: Fiscal Year-to-Date: C 0111me11tary • The Liquid portfolio outperformed the benchmark by 3 basis points for the month, and outperformed the benchmark by 13 basis points fiscal year-to-date. • PIMCO's emphasis on higher yielding securities such as commercial paper and short-tenn notes contributed to perfonnance. . ) Page 1of1 $39, 178,898 $39, 175,653 $39,145,633 S39, 176,227 0.13 0.20 $50,933 0% 81% "AAA" 0% No Portfolio Index 0.28 0.25 0.78 0.73 2.33 2.20 0.28 0.25 *Compliance Issues: MONTHLY REPORT ORANGE COUNTY SANITATION DISTRICT INVESTMENT MANAGEMENT PROGRAM PIMCO'S PERFORMANCE MONITORING & REPORTING (for the month ended 31July2005) Page 2 o/2 Issuer -US Gov/Agency exempt -Max 5.00%: At month-end, issuer Bank of America Corp (BAC) exceeded the 5.00% maximum at 8.94% due to a $35 MM cash withdrawal that settled on 6/30/05. This issue has been resolved and the account is back into compliance as of the date of this report. C:\Documents and Settlngs\crane\Loeal Settlngs\Temporary Internet Flles\OLK3\LIQ0800-0S-07 RPT.doc MONTHLY REPORT ORANGE COUNTY SANITATION DISTRICT INVESTMENT MANAGEMENT PROGRAM PIMCO'S PERFORMANCE MONITORING & REPORTING (for the month ended 31 July 2005) Lo11g-Term Operati11g Mo11ies (203) 15.1.1 PORTFOLIO COST AND MARKET VALUE Current Market Value Estimate: • PIMCO • Mellon Historical Cost: • PIMCO • Mellon 15.1.2 MODIFIED DURATION Of Portfolio: Of Index: 15.1.3 1 % INTEREST RA TE CHANGE Dollar Impact (gain/loss) of I% Change: 15.1.4 REVERSE REPOS % of Portfolio in Reverse Repos: (see attached schedule) 15.1.5 PORTFOLIO MATURITY % of Portfolio Maturing within 90 days: 15.1.6 PORTFOLIO QUALITY Average Portfolio Credit Quality: 15.1.7 SECURITIES BELOW "A" RA TING % of Portfolio Below "A": 15.1.8 INVESTMENT POLICY COMPLIANCE "In Compliance" 15.1.9 PORTFOLIO PERFORMANCE Total Rate of Return (%) by Period: 1 Month: 3 Months: 12 Months: Fiscal Year-to-Date: • The Long-Tenn portfolio outperfonned the benchmark by 13 basis points for the month, and outperfonned the benchmark by 58 basis points fiscal year-to-date. • Portfolio duration, below the benchmark. was positive for monthly perfonnance as interest rates rose across all maturities, • Yield curve positioning similar to that of the index was neutral for perfonnance. • An underweight exposure to corporates was negative for perfonnance, as the credit sector outperfonned Treasuries on a duration-adjusted basis. • Exposure to mortgage-backed securities was negative for perfonnance as the sector lagged Treasuries on a duration-adjusted basis. • Substituting Treasury Inflation Protected Securities for nominal Treasuries was negative for perfonnance as TIPS underperformed their nominal counterparts during the month. Page 1 o/2 $321,431 ,595 $321,438,067 $323, 763,011 $325,636, 123 2.22 2.41 $7,135,781 0% 4% AAA 0% No* Portfolio Index -0.40 -0.53 0.49 0.33 2.34 1.76 -0.40 -0.53 *Compliance Issues: MONTHLY REPORT ORANGE COUNTY SANITATION DISTRICT INVESTMENT MANAGEMENT PROGRAM PIMCO'S PERFORMANCE MONITORING & REPORTING (for the month ended 31 July 2005) Page 2 o.f2 $1,600,000 par of United Airlines (UAL) Pass-Through 2001-1-C (Enhanced Equipment Trust Certificate (EETC) -9093 l 7BC2), 6.831 % coupon, 3/01/2010 maturity, representing 0.50% of the portfolio holdings on a par basis was purchased on 8/10/2001; and subsequently downgraded by Moody's from A3 to BA I (on 9/ 18/200 l) and S&P from A-to BBB (on 9/20/2001 ). The security was further downgraded by Moody's from BA I to BA3 (on 12/21/2001) and by S&P from BBB to BB (on 6/28/02). Following news of the possible bankruptcy filing, the security was further downgraded in August (B3 Moody's, B+ by S&P). On November 29, 2002, S&P further downgraded this issue to B, and shortly thereafter on December 9, 2002, downgraded the issue one notch further to B-. On August 7, 2003, S&P downgraded the issue to CCC+, while Moody's followed suit on August 28, 2003 with a downgrade to CA. Both rating agencies have since withdrawn their ratings (Moody's withdrew in February 2004 and S & P withdrew in June 2004). The District's investment policy requires a minimum rating of A3 by Moody's or A-by S&P, with at least a BBB rating in the event of a split. On August 2, UAL said it would delay the filing of its reorganization plan and accompanying documents by about a month, a move that also could push its Chapter 11 exit to next year. UAL had previously said it would file the plan with a bankruptcy court around August I, initiating its exit from Chapter 11. This news came shortly after last week's report that UAL posted a wider net loss in the second quarter, including expenses attributed to its reorganization. UAL said it would do whatever necessary to ensure the continued smooth operation of the company. The airline currently faces strike threats from its flight attendants' union if the workers' pension plans are not reinstated. PIMCO continues to negotiate with United on our holdings and currently leads an ad hoc committee. This has been an extremely complicated effort due to the complex nature of United's bankruptcy. These negotiations have required PIMCO's analysts access to non-public information and therefore sharing them results in parties becoming restricted. In light of this extremely complicated bankruptcy, PIMCO continues to strive to act in the most prudent manner to obtain maximum recovery. Split Rated Securities Still In Compliance: The District's investment policy requires a minimum rating of A3 by Moody's or A-by S&P, with at least a BBB in the event of a split rating. $1, 750,000 par of Virginia Electric Power NT securities ( cusip 927804ENO), maturing on March 31, 2006, represents 0.54% of the portfolio holdings on a par basis. The security was downgraded on 10/21/2002 by S&P from A-to BBB+, but continues to carry a Moody's rating of A3. C:IDoc1m1ents a11d Settingslcranelloca/ SettingslTemporary Internet Files\OLKJ\L-TOB00-05-07 RPT.doc LIQUID OPER-PIMCO-OCSF07511102 Description CASH & CASH EQUIVALENTS U.S. DOLLAR PENDING TRADES INTEREST FED HM LOAN BNK • LESS THAN 1 YR FEDERAL HOME LOAN MORTGAGE -LESS THAN 1 FNMA ISSUES -LESS THAN 1 YR MUTUAL FUNDS REPURCHASE AGREEMENTS TREASURY BILLS -LESS THAN lYR FIXED INCOME SECURITIES U.S. DOLLAR BANKING & FINANCE UTILITY -TELEPHONE U.S. DOLLAR CASH & CASH EQUIVALENTS U.S. DOLLAR FIXED INCOME SECURITIES TOTAL ASSETS -BASE: Asset Summary by Asset Type with Sectors 7/31/2005 Cost Shares Par Base -1,021,551.11 203,500.59 7, 100,000.000 7,055,982.17 5, 900,000.000 5,823,221.85 10, 700,000.000 10,577,387.77 116,859.260 116,859.26 7,800,000.000 7 ,800,000.00 4,000,000.000 3,952,687.36 35,616,859.260 34,508,087.89 35,616,859.260 34,508,087.89 3,660,000.000 3,660,619.00 1,000,000.000 1,007,520.00 4,660,000.000 4,668,139.00 4,660,000.000 4,668,139.00 40,276,859.260 39,176,226.89 1 Report ID: GL8251 Base Currency: USD Alternate Base Currency: Exchange Rate: Status: FINAL Market Value Base %of Total Net Unrealized Gain/Loss Base -1,021,551.11 -2.61% 0.00 203,500.59 0.52% 0.00 7,055,982.17 18.01% 0.00 5,823,221.85 14.86'Yo 0.00 10,577,387.77 27.00% 0.00 116,859.26 0.30% 0.00 7,800,000.00 19.91% 0.00 3,952,687.36 10.09% 0.00 34,508,087 .89 88.09% o.oo 34,508,087.89 88.09% o.oo 3,660,534.95 9.34% -84.05 1,007,030.00 2.57% -490.00 4,667 ,564. 95 11.91% -574.05 4,667,564.95 11.91% -574.05 39,175,652.84 100.00% -574.05 Workbench LONG TERM OPER·PIMCO -OCSF07522202 Description CASH & CASH EQUIVALENTS U.S. DOLLAR PENDING TRADES INTEREST COMMERCIAL PAPER -DISCOUNT FEDERAL HOME LOAN MORTGAGE -LESS THAN 1 MUTUAL FUNDS U.S. DOLLAR CASH & CASH EQUIVALENTS FIXED INCOME SECURITIES U.S. DOLLAR ABS -AIRPLANE RECEIVABLES ABS -HOME EQUITY BANKING & FINANCE COLLATERALIZED MORTGAGE OBLIGATION FHLMC MULTICLASS FHLMC POOLS FNMA POOLS GNMA MULTI FAMILY POOLS GNMA SINGLE FAMILY POOLS INDUSTRIAL INFLATION INDEXED SECURITIES PVT PLACEMENTS -MORE THN 1 YR U.S. AGENCIES U.S. GOVERNMENTS UTILITY -ELECTRIC U.S. DOLLAR FIXED INCOME SECURITIES TOTAL ASSETS -BASE: Asset Summary by Asset Type with Sectors 7/31/2QQ? Cost Shares Par -43,367,766.86 3,217,274.70 3,700,000.000 3,667, 162.50 3,000,000.000 2,957,075.13 1,048,247.690 1,048,247.69 7,748,247.690 -32,478,006.84 7,748,247.690 -32,478,006.84 1,600,000.000 1,600,000.00 410,997.510 410,997.51 35, 150,000.000 35,233, 524 .50 1,625,857.810 1,625,857.81 715,565.140 716,327.45 50,611.020 49,377.37 56,084,213.700 56,783,460.51 2,907,292.830 2,898, 193.03 508,520.440 533,175.15 2,000,000.000 l,998, 188.00 25,574,582.560 26, 120,517.49 752,000.000 826,199.84 25,302,482.280 24,882,529.25 199,094,342.070 201,291,941.81 3, 150,000.000 3, 143,840.00 354,926,465.360 358,114,129.72 354,926,465.360 358,114,129.72 362,674, 713.050 325,636, 122.88 1 . ..,, Report ID: GL8251 Base Currency: USD Alternate Base Currency: Exchange Rate: Status: FINAL Market Value Base -43,367' 766.86 3,217,274.70 3,667, 162.50 2,957,075.13 1,048,247.69 -32,478,006.84 -32,4 78,006.84 720,000.00 411,318.09 35, 188,868. 50 1,706,646.68 712,244.92 51,947.15 56,317,983.50 2,940,646.74 532,403.34 1,999,680.00 26, 798,407. 79 826,199.84 24,851,379.64 197,692,397.82 3, 165,949.50 353,916,073.51 353,916,073.51 321,438,066.67 %of Total -13.49% 1.00% 1.14% 0.92% 0.33% -10.10% -10.10% 0.22% 0.13% 10.95% 0.53% 0.22% 0.02% 17.52% 0.91% 0.17% 0.62% 8.34% 0.26% 7.73% 61.50% 0.98% 110.10% 110.10% 100.00% Net Unrealized Gain/Loss Base 0.00 0.00 0.00 0.00 0.00 o.oo o.oo -880,000.00 320.58 -44,656.00 80,788.87 -4,082.53 2,569.78 -465,477.01 42,453.71 -771.81 1,492.00 677,890.30 0.00 -31, 149.61 -3,599,543.99 22,109.50 -4, 198,056.21 -4,198,056.21 -4, 198,056.21 Workbench .... , YLDANAL YIELD ANALYSIS PAGE 1 OCSF07511102 2005/07/31 RUN DATE 08/04/05 DISTRICT: LIQUID OPERATING RUN TIME 09 .19 .38 ~==;========:=======~===;~======================================================~~~=========;====~~c;=============~===z=cmcc PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ------------------------------------------------------------------------------------------------- CASH & CASH EQUIVALENTS 1,900,000.00 FEDERAL HOME LN BK CONS DISC N .ooo .ooo P-1 99.974 1, 899, 509 .17 5.37 313385JW7 MAT 08/01/2005 A-1+ 1,899,509.17 4.75 2,300,000.00 FEDERAL HOME LN BI< CONS DISC .ooo .ooo P-1 99.196 2,281,279.28 6.45 313385LM6 MAT 9/9/2005 A-1+ 2,281,279.28 S.70 2,900,000.00 FEDERAL HOME LN BK CONS DISC N .ooo .ooo P-1 99.145 2,875,193.72 B.13 313385ND4 HAT 10/19/2005 A-1+ 2,875,193.72 7.19 1,300,000.00 FEDERAL HOME LN MTG CORP DISC .ooo .ooo P-1 99.245 1,290,180.66 3.65 313397KEO MAT 08/09/2005 A-1+ 1,290,180.66 3.23 100,000.00 FEDERAL HOME LN MTG CORP DISC .ooo .ooo P-1 99.194 694,355.47 1.96 313397LJ8 MAT 09/06/2005 A-1+ 694,JSS.47 l. 74 2,000,000.00 FEDERAL HOME LN MTG CORP DISC .ooo .ooo P-1 99 .178 1,983,569.44 5.61 313397LRO 0.000% 09/13/2005 DD 09/13/04 A-1+ 1,983,569.44 4.96 2,000,000.00 FEDERAL HO.ME LN MTG CORP DISC .ooo .ooo P-1 98.593 1,971,865.00 5.58 313397NS6 MAT 11/01/2005 A-1+ 1,971,865.00 4.93 1,900,000.00 FEDERAL HOME LN MTG CORP DISC .ooo .ooo P-1 98.254 1,866,820.72 s.28 313397RQ6 MAT 01/10/2006 A-1+ 1,866,820.72 4.67 i,000,000.00 FEDERAL NATL MTG ASSN DISC .ooo .ooo P-1 98.846 988,461.67 2.79 313589Jtt4 08/01,/2005 A-1+ 988,461.67 2.47 1,200,000.00 FEDERAL NATL MTG ASSN DISCOUNT .ooo .ooo P-1 99.178 1,190,138.33 3.36 313589KD4 MAT 08/08/2005 A-1+ 1,190,138.33 2.98 2,soo,000.00 FEDERAL llATL MTG ASSN DISCOUNT .ooo .ooo P-1 99.221 2,490,536.11 1.02 313S89KF9 MAT 08/10/2005 A-1+ 2,490,536.11 6.20 4,000,000.00 FEDERAL NATL MTG ASSN DISCOUNT .ooo .ooo P-1 98.367 3,934,682.22 11.13 313589NL3 MAT 10/26/2005 A-1+ 3,934,682.22 9.84 2,000,000.00 U S TREASURY BILL .ooo .ODO P-1 99. us 1,982,359.44 5.61 912795VK4 0.000% 08/04/2005 DD 02/03/05 A-1+ 1,982,359.44 4.96 2,000,000.00 U S TREASURY BILL .ooo .ooo P-1 98.516 1,970,327.92 S.57 912795WO 10/13/2005 DD 04/14/2005 A-1+ 1,970,327.92 4.93 YLDANAL OCSF07511102 DISTRICT: LIQUID OPERATING YIELD ANALYSIS 2005/07/31 PAGE RUN DATE RUN TIME 2 08/04/0S 09 .19 .38 ~==~======c=============~===~========~==c================c======~============~========o====c==~=========~========~=========== PAR VALUE YTM AT CURRENT MOODY MARRET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ------------------------------------------------------------------------------------------------- 1,aoo,000.00 CREDIT SUISSE FB REPO .ooo 3.210 100.000 7,800,000.00 22.07 99438T225 03.210, 08/01/2005 DD 07/29/05 1,eoo,000.00 19.50 116,859.26 DREYFUS TREASURY CASH MGMT .ooo J,005 AAA 100.000 116,859.26 .33 996085247 AAA 116,859.26 .29 -----------------------------------------TOTAL CASH & CASH EQUIVALENTS .ooo .188 35,326,138.41 100.00 35,326,138.41 88.34 FIXED INCOME SECURITIES 15,000.00 ASSOCIATES CORP NORTH AMER NT-.ooo 6.330 AAl 100.703 15,112.95 .32 046003FM6 6.375% 11/15/2005 DD 11/21/95 AA-15,105.45 .04 3,soo,000.00 BANK AMER N A TRANCHE tTR00255 .ooo 3.300 MIGl 100.000 3,499,940.20 74.98 06050VLQ8 VAR RT 08/08/2005 DD 02/07/05 3,500,000.00 8.75 75,000.00 BEAR STEARNS COS INC NTS .ooo 6.841 Al 100.500 75,422.25 1.61 073902AU2 6.875% 10/01/2005 DD 10/05/95 A 75,375.00 .19 50,000.00 CITICORP .ooo 6. 743 AA2 100.109 so, 115.00 1.07 173034GH6 6.750% 08/15/2005 A+ 50,054.50 .13 20,000.00 FIRST UNION CORP .ooo 7.050 Al 100.000 20,028.60 .42 337358BBO 7.050% 08/01/2005 DD 08/01/95 A 20,000.00 .OS i,000,000.00 SOUTHWESTERN BELL TEL CO MED .ooo 6.514 A2 100.703 1,001,s20.oo 21.57 84534ED54 6.560% 11/15/2005 DD 11/15/96 A 1,007,030.00 2.52 -----------------------------------------TOTAL FIXED INCOME SECURITIES .ooo 3.575 4,668,139.00 100.00 4,667,564.95 11.68 -----------------------------------------TOTAL .ooo .412 39,994,277.41 100.00 39,993,703.36 100.00 =========e~==c=== ===::::::===== ... ·.:i .· YLDANAL YihD ANALYSIS .. ~,Aq~ 3 ocsF01s22202 ·:2oos101 /31 .~iffl. cA~ 08/04/os DISTRICTS LONG-TERM OPERl\.TING . . . . . . . . . . .... : RUH ·TIME. I 09 .1.9, 38 ============·=========~~~:===~--=~:::====~====·=zX=~~~=:::?=~~===~~=?=~~===.:..~~;::;=:;=:-::-,~ .. --. ~-;:~~~~==..,..:~~:;~~~:...:.~~~~-· ~-· ~ . ~e:::====r='====== PAA VALUE ·· SECURITY ID SECUR,ITY D.ESCRIPTION .·. ' ----~-----------~--~-------~~ CASH & CAS~ EOUIVAL~~~S ... 100,000,00 FBD~RAL ~O.HB LN MTG CORP _DiSC 313397NS6 MAT :.0/0l/2005 2,900,000.00 FEDeAAL HOME LN MTG CORP DI$C 313397QKO MAT :i;2112i2oos 3,700,~0o.oo GE~AAL-ELEC CAP DISC 36959HXL6 10/2.Q/2005 1,0481 247.69 DRE~f:~S TREASURY CASH MGMT 996085247 .oo BSD~:~LA:· TE MONEY DEPOSIT ACCT, 9960117094 TOTAL CASH & CASH EQUIVALENTS FIXED INCOME SECURIT~~S 752,000.00 AIG $.UNAHERICA QLOBAL REG S. · uoo907AAO s. ~-~ot ~0010112908 D.D 081os101». :YT;t.AT . .'BboK .ooo .ooo .ooo .ooo .OQO .pc;>o 6QO,OOO •. OO CIT :GROUP INC SR· tiT 125~81AA6 7,3:7;st 04/02/20.07: ~D 0_4/01/02 ... .ooo i,soo,000.00 CIT :~ttoui> x'Nc N2W sir NT:· 125581AF5 VAR ~T 09/22/200~ Di> 09/23/03· J, 300, ooo. oo crT QltouP rnc MTN · tsaooon. 12560PDVO VAR RT 05/23/2008 DD 05/25/05 1,6001 000.00 CITI~OUP INC GLOBAL SR NT 172967CW9 VAR RiT 05/02/2008 DD 05/02/05 10, 000 I 090. 00 FEDERAL HOME LN MTG CORP MTN 3128X3WY5 4.0€i;O% 09/22/2009 DD.09/22/04 2,700,000.00 FEDERAL POME LN BKS CONS.SD 3133X3SQ7 VAR RT 02/27/2012 DD 02/27/04 ,OQO .ooo .ooo .ooo .ooo .. c:QRRENT X:t_~~:o .'000 .ooo .• QOO 3.00S .ooo .• 2s2 31830 3~501 :~. 751 8.t62 MoOI>Y S•P P-1 A-1+ P-1 A-1+ WR AAA AAA A2 A A2 A A2 A AAl AA- AAA AAA AAA AAA . f.WucEif PRICE .· 98.~54 . 99.lll 100.0.00. .o:oo 109;8~7 104 .6187 ~ l00.3:S9 100.0:78 99.9:S4 97 •. B~O \ ~ 94. J°24 ! '·-. -·· . · ~ik/a9~~i.> . ~T-.V.~~-. . ' ... ~ ' . ' . ______ ..... _ ... ___ _ '99;90.~ .. 33 ~' ,Po.s.·ll ·2, 8.58, Of>~ •.80 2 , 8~~ i ~~6 ~-B.Q 3, 667; 16·~·?.0 3, 667, u2.so · . 1-, o41hi4·1,·~9 J, 0·49, 24:7 .~' .. :: .o.·o . /~o 1,~12;4'5~·32 7,672,485~3~ ~~6-, ~.9'~ •. ~.a . 8~6) ~~~:~:~:4. -~#;:~a·a>oci .~.2~~:124. so i, 507.r <>9.~ ~ (H> l,So~;l~~.90 :3,300,000.00. 3, 3~2 ~ 57·4 ~-oo 1, 600, 000. o.o 1, 59:9, 74.4 .. oo -~,9;3,100.o'C> 9, ~B(J rOOO .oo 2, s65 ,·020. oo ·2,ss7;S40.63 ~ TYPE \ TO'l:AL 1.29 .03 37.25 .79 47.79 1.01 13.66. .29· .oo .oo 100.00 2.12 .23 .23 .17 .11 .42 .42 .93 .91 .45 .44 2.76 2.10 .72 .71 ·•I YLDANAL YIELD ANALYSIS PAGE 4 OCSF07522202 2005/07 /31 RUN DATE 08/04/05 DISTRICT: LONG-TERM OPER.1\TING RUN TIME 09 .19. 38 =~==========~==========~====~=================~========~===================~=~=========~==:e~e~==========ccm====c==c=oecc:=== PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ------------------------------------------------------------------------------------------------- S0,611.02 FHLMC GROUP 178-6064 .ooo 4.186 AAA 102.640 49,377.37 .01 31348SWZ3 6.384% 01/01/2028 DD 12/01/97 AAA Sl,947.15 .01 2,350,000.00 FEDERAL NATL MTG ASSN DEBS .ooo 5.202 AAA 100.920 2,385,461.50 .67 31359MJX2 S.250% 06/15/2006 DD 06/22/01 AAA 2,371,620.00 .66 6,eoo,000.00 FEDERAL NATL MTG ASSN DEBS .ooo 3.266 AAA 95.697 6,575,736.00 1.83 31359MUQ4 3.125% 03/16/2009 DD 03/16/04 AAA 6,507,396.00 1.80 577,458.43 FNMA POOL 10254510 .ooo 4.978 AAA 100.451 594,782.18 .16 31371KVB4 5.000% 11/01/2017 DD 10/01/02 AAA 580,062. 77 .16 123,442.16 FNMA POOL f0254631 .ooo 4.978 AAA 100.450 127,145.43 .03 3137l:KY47 5.000% 02/01/2018 DD 01/01/03 AAA 123,997.65 .03 111,747.88 FNMA POOL 10254760 .ooo 4.978 AAA 100.437 115,100.31 .03 31371.KSV9 5.000% 06/01/2018 DD OS/01/03 AAA 112,236.22 .03 so, 869. 49 FNMA POOL 10254866 .ooo 4.979 AAA 100.428 52,395.58 .01 31371LCB3 S.000% 09/01/2018 DD 08/01/03 AAA 51,087.21 .01 379,538.36 FNMA POOL 10254907 .ooo 4.979 AAA 100.425 379,538.36 .10 31371LDLO S.000% 10/01/2018 DD 09/01/03 AAA 381,151.40 .11 270,048.55 FNMA POOL 10254953 .ooo 4.979 AAA 100.421 273,508.56 .07 31371LE21 5.000% 11/01/2018 DD 10/01/03 AAA 271, 185. 45 .01 725,567.19 FNMA POOL 10254987 .ooo 4.984 AAA 100.321 734,863.52 .20 31371LF46 5.000% 12/01/2018 DD 11/01/03 AAA 727,892.84 .20 119,575.42 FNMA POOL f 0323980 .ooo 5.799 AAA 103.463 124,844.21 .03 31374T2MO 6.000% 04/01/2014 DD 09/01/99 AAA 123,716.32 .03 20,748.80 FNMA POOL 10357328 .ooo 4.984 AAA 100.320 21,371.27 .oo 31376J4M8 5.000% 01/01/2018 DD 01/01/03 AAA 20,815.22 .01 1,100,243.30 FNMA POOL 00357430 .ooo 4.978 AAA 100.434 1,112,621.03 .31 31376KA71 5.000% 09/01/2018 DD 09/01/03 AAA 1,105,018.36 .31 35, 016. 32 FNMA POOL 10456482 .ooo 5.799 AAA 103.463 36,559.21 .01 31381CCT2 6.000% 02/01/2014 DD 02/01/99 AAA 36,228.94 .01 93,910.74 FNMA POOL 00509649 .ooo 5.799 AAA 103.463 98,048.68 .02 31383QEWO 6.000% 09/01/2014 DD 09/01/99 AAA 97,162.87 .03 YLDANAL YIELD ANALYSIS PAGE 5 OCSF07S22202 2005/07/31 RUN DATE 08/04/05 DISTRICT: LONG-TERM OPERATING RUN TIME 09.19.38 =~============~=========================~~====================--======================~~~=========~=:a=======~===~=====~~~~=== PAR VALUE YTM AT CURRENT MOODY MARXET TOTAL COST/ \ TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD 5-P PRICE MARKET VALUE % TOTAL ------------------------------------------------------------------------------------------------- 93,083.80 FNMA POOL 10535451 .ooo S.799 AAA 103.463 97,185.31 .02 31384VZQ8 6.000% 06/01/2015 DD 07/01/00 AAA 96,307.29 .OJ 266,763.90 FNMA POOL f 0555363 .ooo 4.978 AAA 100.447 274,766.81 .01 313B5WSY1 S.000% 04/01/2018 DD 03/01/03 AAA 267,956.33 .01 27,715.28 FNMA POOL tOS55453 .ooo 4.978 AAA 100. 444 28,070.39 .oo 31385XBW6 5.000l 05/01/2018 DD 04/01/03 AAA 27,838.34 .01 222 I 201. QJ FNMA POOL 10555545 .ooo 4.978 AAA 100.444 228,867.90 .06 31385XES2 5.000% 06/01/2018 DD 05/01/03 AAA 223,188.41 .06 760,879.23 FNMA POOL tOSS562l .ooo 4.984 AAA 100.321 769,439.11 .21 3138SXG68 S.000% 07/01/2018 DD 06/01/03 AAA 763,318.07 .21 421,182.48 FNMA POOL f 0681309 .ooo 4.978 AAA 100.450 433,817.95 .11 31391Y3S4 S.000% 02/01/2018 DD 02/01/03 AAA 423,077.80 .12 50,448.32 FNMA POOL t0681334 .ooo 4.978 AAA 100.450 51,961.78 .01 31391Y4Tl 5.000% 02/01/2018 DD 01/01/03 AAA S0,675.34 .01 310,886.53 FNMA POOL f0684798 .ooo S.456 AAA 100.802 310,619.37 .08 31400DX31 S.500% 03/01/2033 DD 03/01/03 AAA 313,379.84 .09 279,299.68 FNMA POOL f 0684908 .ooo 4.978 AAA 100.437 282,878.23 .01 31400DJR1 S.000% 06/01/2018 DD 05/01/03 AAA 280,520.22 .08 150, 151.64 FNMA POOL f 0685200 .ooo 4.978 AAA 100.444 152,075.48 .04 31400EGH7 S.000% 03/01/2018 DD 03/01/03 AAA 150,818.31 .04 25,157.22 FNMA POOL f 0685665 .ooo 4.978 AAA 100.450 25,911.94 .oo 31400EW22 5.000% 02/01/2018 DD 02/01/03 AAA 25,270.43 .01 225,913.51 FNMA POOL 00686318 .ooo 4.978 AAA 100.447 232,690.!H .06 31400FPB7 5.000% 03/01/2018 DD 03/01/03 AAA 226,923.34 • 06 88,462.43 FNMA POOL f0688739 .ooo 4.978 AAA 100.437 91,116.30 .02 31400JEL9 5.000% 06/01/2018 DD 06/01/03 AAA 88,849.01 .02 80, 651. 25 FNMA POOL f 0689859 .ooo 4.978 AAA 100.437 81,684.59 .02 31400KMG8 5.000% 05/01/2018 DD OS/01/03 AAA 81,003.70 .02 475,109.75 FNMA POOL 00693834 .ooo 4.979 AAA 100.447 489,363.02 .13 31400PY74 5.000% 03/01/2018 DD 03/01/03 AAA 477 ,233.49 .13 YLDANAL YIELD A?lALYSIS PAGE 6 OCSF07S22202 2005/07/31 RUN DATE 08/04/05 DISTRICT: LONG-TERM OPERATING RUN TIME J 09 .19. 38 =================~======~============================================================~~o~===============~c=~=~c~e~=========== PAR VALUE YTM AT CURRENT MOODY MARXET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ------------------------------------------------------------------------------------------------- 176,325.48 FNMA POOL 10695852 .ooo 4.978 AAA 100. 440 181,615.24 .OS 31400SBVO 5.000% 05/01/2018 DD 05/01/03 AAA 177,101.31 .05 623,716.03 FNMA POOL 00695889 .ODO 4.978 AAA 100.440 642,427.52 .17 31400SC23 5.000% 05/01/2018 DD 05/01/03 AAA 626,460.38 ,17 18,573.41 FNMA POOL f 0697026 .ooo 4.978 AAA 100.440 19,130.63 .oo 31400TLF2 5.000% 05/01/2018 DD 04/01/03 AAA 18,655.13 .01 179,036.48 FNMA POOL f 0702210 .ooo 4.984 AAA 100.321 184,407.58 .OS 31401ADP9 5.000% 05/01/2018 DD OS/01/03 AAA 179 ,610. 34 .os 104,190.60 FNMA POOL f 0702328 .ooo 4.978 AAA 100.440 105,525.54 .02 31401AHD2 5.000% 05/01/2018 DD 04/01/03 AAA 104,649.04 .03 232,871.88 FNMA POOL f0709148 .ooo 4.978 AAA 100.434 239,858.06 .06 31401HZM7 5.000% 06/01/2018 DD 06/01/03 AAA 233,882.54 .06 516,145.29 FNMA POOL f 0709360 .ooo 4.978 AAA 100.434 522,758.40 .14 31401JB56 5.000% 07/01/2018 DD 06/01/03 AAA 518,385.36 .14 89,184.42 FNMA POOL f 0709826 .ooo 4.978 AAA 100.4:37 90,327.09 .02 31401JSP4 5.000% 06/01/2018 DD 06/01/03 AAA 89,574.16 .02 183,797.82 FNMA POOL 10709917 .ooo 4.978 AAA 100.4)7 186,152.74 .os 31401.1VJ4 5.000% 06/01/2018 DD 06/01/03 AAA 184,601.02 .05 17,419.68 FNMA POOL f 0709963 .ooo 4.984 AAA 100.321 17,642.88 .oo 31401JWYO 5.000% 06/01/2018 DD 06/01/03 AAA 17, 475. 52 .oo 467,700,83 FNMA POOL 10710235 .ooo 4.978 AAA 100.4.34 481, 731. 88 .13 31401KBC8 5.000% 06/01/2018 DD 06/01/03 AAA 469I130, 65 .13 12,359.82 FNMA POOL 10713344 .ooo 4.978 AAA 100. 4.37 12,729.57 .oo 31401NP52 5.000% 06/01/2018 DD 06/01/03 AAA 12,412.83 .oo 189,968.72 FNMA POOL 00713365 .ooo 4.978 AAA 100.434 192,402.68 .OS 31401NOS1 5.000% 07/01/2018 DD 07/01/03 AAA 190, 793.18 .os 579 I 713 .23 FNMA POOL f 0720319 .ooo 4.978 AAA 100.4'.34 587, 140. 82 .16 31401WG45 S.000% 07/01/2018 DD 07/01/03 AAA 582 ,229 .19 .16 1,873,837.20 FNMA POOL 10720369 .ooo 4.984 AAA 100.3:21 1,930,052.32 .53 31401WJNO 5.000% 06/01/2018 DD 06/01/03 AAA 1,879,843.39 .52 YLOANAL YIELD ANALYSIS PAGE 7 OCSF07522202 2005/07/31 RUN DATE : 08/04/05 DISTRICT: LONG-TERM OPERATING RUN TIME 09.19.38 =================~~================================================~=~==~~===============~=~==c==========~~c~c~=====~======== PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD 5-P PRICE MARRET VALUE \ TOTAL ------------------------------------------------------------------------------------------------- 248,948.04 FNMA POOL 10721629 .ooo 4.978 AAA 100.434 256,416.50 .01 31401XVW4 S.000% 07/01/2018 DD 06/01/03 AAA 250,028.47 .01 184,279.31 FNMA POOL 10723487 .ODO 4.978 AAA 100.434 186,352.47 .05 31402AXQ4 S.000% 06/01/2018 DD 06/01/03 AAA 185,079.08 .os 2,852,138.01 FNMA POOL 00725530 .ooo 4.987 AAA 100.261 2,890,909.24 .80 31402DA75 5.000% 06/01/2019 DD 05/01/04 AAA 2,859,583.03 .79 331,602.83 FNMA POOL 00729601 .ooo 4.979 AAA 100.431 335,851. 50 .09 314028RW3 5.000% 07/01/2018 DD 07/01/03 AAA 333,032.04 .09 29,593.46 FNMA POOL 10732873 .000 4.979 AAA 100.421 29,972.61 .oo 31402MFNS 5.000% 11/01/2018 DD 10/01/03 AAA 291 718.0S .01 969,148.50 FNMA POOL 00735227 .ooo 5.463 AAA 100.683 977,325.69 .27 31402QYY1 5.500% 02/01/2035 DD 01/01/05 AAA 975,767.78 .21 532,543.60 FNMA POOL 10737130 .ooo 4.979 AAA 100.428 539,366.81 .15 31402S4P9 5.000% 10/01/2018 DD 10/01/03 AAA 534,822.89 .15 433,934.94 FNMA POOL 10738211 .ooo 4.984 AAA 100.321 439,494.76 .12 31402UDQ2 5.000% 10/01/2018 DD 10/01/03 AAA 435,325.83 .12 158,051.92 FNMA POOL f0738487 .ooo 4.979 AAA 100.421 160,076.97 .04 31402UNC2 S.000% 10/01/2018 DD 10/01/03 AAA 158,717.32 .04 1,849,930.29 FNMA POOL 10740457 .ooo 4.984 AAA 100.321 1,875,077.78 .52 31402WTN8 S.000% 10/01/2018 DD 10/01/03 AAA 1,855,859.85 .Sl 642,866.95 FNMA POOL 10740471 .ooo 4.984 AAA 100.321 651,103.67 .18 31402WT40 S.000% 10/01/2018 DD 10/01/03 AAA 644,927.53 .18 639,748.48 FNMA POOL 10740748 .ooo 4.979 AAA 100.428 647,945.25 .18 31402WSB7 5.000% 10/01/2018 DD 11/01/03 AAA 642,486.60 .18 30,856.04 FNMA POOL f0743868 .ooo 4.984 AAA 100.321 31,251.39 .oo 31403BMR1 S.000% 11/01/2018 DD 10/01/03 AAA 30,954.94 .01 867,0~)2.52 FNMA POOL 10744008 .ooo 4.978 AAA 100.437 878,202.15 .24 31403BRS4 5.000% 07/01/2018 DD 09/01/03 AAA 870,881. 71 .24 134,534.07 FNMA POOL 10744316 .ooo 4.984 AAA 100.321 136,257.79 .03 31403B3Z4 5.000% 09/01/2018 DD 09/01/03 AAA 134,965.29 .04 YLDANAL YIELD ANALYSIS PAGE 8 OCSF07S22202 2005/07/31 RUN DATE 08/04/05 DISTRICT: LONG-TERM OPERATING RUN TIME 09 .19. 38 ==========================~======================================================~~=~=======~=====~~============c=c=:c======= PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOR YIELD S-P PRICE MARKET VALUE % TOTAL ------------------------------------------------------------------------------------------------- 257,855.07 FNMA POOL t0747914 .ooo 4.979 AAA 100.421 261,158.85 .01 31403F3XO 5.000% 11/01/2018 DD 11/01/03 AAA 258,940.64 .07 159 ,447 .17 FNMA POOL 10748400 .ooo 4.984 AAA 100.321 161,490.09 .04 31403GNR9 5.000% 08/01/2018 DD 09/01/03 AAA 159,958.24 .04 820,524.56 FNMA POOL f0748899 .ooo 4.984 AAA 100.321 831,037.53 .23 31403G7LO S.000% 12/01/2018 DD 11/01/03 AAA 823,154.58 .23 1,777,006.10 FNMA POOL #0750377 .ooo 4.984 AAA 100,321 1,799,773.99 .so 31403JUA2 5.000\ 11/01/2018 DD 11/01/03 AAA 1,782,701.92 .49 1,508,621.48 FNMA POOL f 0750380 .ooo 4.984 AAA 100.321 1,527,950.71 .42 31403JUD6 5.000% 11/01/2018 DD 11/01/03 AAA 1,513,457.05 .42 139,158.56 FNMA POOL f075044S .ooo 4.984 AAA 100.321 140, 941. 53 .OJ 31403JWE2 S.000% 11/01/2018 DD 11/01/03 AAA 139,604.60 .04 664,507.66 FNMA POOL #0751960 .ooo 4.984 AAA 100.321 673,021.68 .18 31403LHR1 5.000% 12/01/2018 DD 11/01/03 AAA 666,637.60 .18 709,514.74 FNMA POOL 10753425 .ooo 4.979 AAA 100. 418 717,718.49 .20 31403NA23 5.000% 11/01/2018 DD 11/01/03 AAA 712,480.51 .20 498,509.21 FNMA POOL 10755165 .ooo 4.979 AAA 100.418 494,768.23 .13 3140306A3 5.000% 12/01/2018 DD 11/01/03 AAA 490, 551.18 .14 816,360.57 FNMA POOL 00756372 .ooo 4.979 AAA 100.418 825,799.74 .23 31403SJR8 5.000% 11/01/2018 DD 11/01/03 AAA 819,772.96 .23 2,983,643.03 FNMA POOL f 0784251 .ooo 4.981 AAA 100.387 3,024,201.94 .84 314058846 S.000% 11/01/2019 DD 11/01/04 AAA 2,995,189.73 .83 829,472.52 FNMA POOL #0789670 .000 4.981 AAA 100.387 840,748.16 .23 31405HJP4 5.000% 12/01/2019 DD 12/01/04 AAA 832,682.58 .23 837,177.57 FNMA POOL f 0792432 .ooo 4.981 AAA 100.387 848,557.95 .23 31405LLM9 5.000% 10/01/2019 DD 10/01/04 AAA 840,417.45 .23 4,883,537.86 FNMA POOL 10792437 .ooo 4.981 AAA 100.~87 4,883,537.86 1. 38 31405LLS6 5.000% 10/01/2019 DD 10/01/04 AAA 4,902,437.15 1.36 882,518.77 FNMA POOL t0794195 .ooo 4.981 AAA 100.387 894,515.52 .25 31405N:KG9 S.000% 11/01/2019 DD 11/01/04 AAA 885,934.12 .25 YLDANAL YIELD ANALYSIS PAGE 9 OCSF07522202 2005/07/31 RUN DATE 08/04/0S DISTRICT: LONG-TERM OPERATING RUN TIME 09.19.38 ~==========c~===~=======================~~==============~===~=~=========c=m======~=======c~=~=====~========~======c===;=;==== PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ \ TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ------------------------------------------------------------------------------------------------- 3,095,565.35 FNMA POOL #0797160 .ooo 4.981 AAA 100.387 3,137,645.68 .87 3140SRTR7 S.000% 12/01/2019 DD 12/01/04 AAA 3,107,545.19 .86 791,132.65 FNMA POOL #0797408 .ooo 4.981 AAA 100,387 801,887.11 .22 31405R3R5 5.000% 12/01/2019 DD 12/01/04 AAA 794,194.33 .22 781,023.24 FNMA POOL f0797414 .ooo 4.981 AAA 100.387 791,640.26 .22 31405R3X2 5.000% 12/01/2019 DD 12/01/04 AAA 784,045.80 .22 357,273.18 FNMA POOL 10800370 .ooo 4.981 AAA 100.387 356,882.42 .10 31405VFK8 S.000% 12/01/2019 DD 11/01/04 AAA 358,655.83 .10 331,472.45 FNMA POOL #0800998 .ooo 5.463 AAA 100.683 331,187.60 .09 31405V3F2 S.500% 11/01/2034 DD 11/01/04 AAA 333,736.41 .09 2,912,113.04 FNMA POOL f 0803923 .ooo 4.981 AAA 100.387 2,951,699.58 .82 31406AD41 5.000% 12/01/2019 DD 12/01/04 AAA 2,923,382.92 .81 2,924,667.89 FNMA POOL 00807711 .ooo 4.981 AAA 100.397 2,964,425.09 .82 31406EKY9 5.000% 01/01/2020 DD 01/01/05 AAA 2,935,986.35 .Bl 331, 975 .87 FNMA POOL 10808933 .ooo S.463 AAA 100.683 331,690.58 .09 31406FV24 s.sooi 01/01/2035 DD 01/01/0S AAA 334,243.27 .09 323,864.54 FNMA POOL f 0809350 .ooo 5.463 AAA 100.683 323,586.22 .09 31406GEX3 s.500% 12/01/2034 DD 01/01/05 AAA 326,076.53 .09 328,549.21 FNMA POOL #0814930 .ooo 5.472 AAA 100.504 328,266.86 .09 31406NLK8 5.500% 04/01/2035 DD 04/01/05 AAA 330,205.05 .09 333,944.19 FNMA POOL f 0815923 .ooo 5.463 AAA 100.683 333,657.21 ,09 31406PPGB S.500% 03/01/2035 DD 03/01/05 AAA 336,225.03 .09 622,620.13 FNMA POOL 10816246 .ODO 4.981 AAA 100.387 621,939.14 .17 3l406PZK9 5.000% 03/01/2020 DD 03/01/05 AAA 625,029.67 .17 328,224.47 FNMA POOL t0919566 .ooo 5.463 AAA 100.683 327,942.41 .09 31406TQT1 5.500\ 04/01/2035 DD 04/01/05 AAA 330,466.24 .09 329,950.96 FNMA POOL 00822731 .ooo 5.463 AAA 100.683 329,667.31 .09 31406XA85 5.soot 05/01/2035 DD 05/01/05 AAA 332,204.42 .09 331,764.14 FNMA POOL f0823232 .ooo 5.463 AAA 100.683 331,479.02 .09 31406XSV5 5.500% 06/01/2035 DD OS/01/0S AAA 334,030.09 .09 YLDANAL YIELD ANALYSIS PAGE 10 OCSF07522202 2005/07/31 RUH DATE : 08/04/05 DISTRICTS LONG-TERM OPERATING RUN TIME : 09 .19 .38 =======~~============~c==c=====================c===============~~=~=======~=============~~~c~======================~~===~==== PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ------------------------------------------------------------------------------------------------- 1,946,035.28 FNMA POOL f 0823787 .ooo 4.981 AAA 100.397 1,943,906.79 .ss 31406YF47 5.000% 05/01/2020 DD 05/01/05 AAA 1,953,566.44 .54 7,932.50 GNMA POOL 10421389 .ooo 6.205 AAA 104.747 8,325.41 .oo 36206UC23 6.500% 04/15/2026 OD 04/01/96 AAA 8,309.06 .oo 11,967.24 GNMA POOL 10449851 .ooo 6.232 AAA 104.295 12,559.99 .oo 36208.FWLO 6.500% 01/15/2028 OD 01/01/98 AAA 12, 481. 26 .oo 32,378.87 GNMA POOL 00466845 .ooo 6.207 AAA 104. 717 33,982.64 .oo 36209BTA6 6.500% 06/15/2028 DD 06/01/98 AAA 33,906.18 .01 109,344.52 GNMA POOL f 0468052 .ooo 6.207 AAA 104.714 114,760.48 .03 36209CSM4 6.500% 07/15/2028 DD 07/01/98 AAA 114,499.02 .03 116,043.42 GNMA POOL 00476041 .ooo 6.207 AAA 104.717 121,609.89 .OJ 36209MZE7 6.500% 06/15/2028 DD 06/01/98 AAA 121, 517 .19 .OJ 119,317.82 GNMA POOL f0478626 .ooo 6.208 AAA 104.700 125,041.35 .03 36209QVT9 6.500% 01/15/2029 DD 01/01/99 AAA 124,925.76 .03 28,495.07 GNMA POOL f 0480598 .ooo 6.208 AAA 104.7:05 29, 861. 93 .oo 36209S3F6 6.500% 10/15/2028 DD 10/01/98 AAA 29,835.76 .01 S,819.60 GNMA POOL 10512235 .ooo 6.210 AAA 104.671 6,107.85 .oo 36211GBC6 6.500% 11/15/2029 DD 11/01/99 AAA 6,091.43 .oo 77,221.40 GNMA POOL 00514326 .ooo 6.209 AAA 104.683 80,925.61 .02 36211JLF2 6.500% 07/15/2029 DD 07/01/99 AAA 80,837.68 .02 143,513.79 GNMA II POOL f 0080395 .ooo 3.328 AAA 101.411 142,213.20 .04 3622SCNM4 VAR RT 04/20/2030 DD 04/01/00 AAA 145,538.77 .04 1,274,613.26 GNMA II POOL t080408X .ooo 3.328 AAA 101.409 1,261,667.97 .36 36225CN28 VAR RT 05/20/2030 DD 05/01/00 AAA 1,292,572.56 .36 1,187,419.16 GNMA II POOL f 0080965 .ooo 3.473 AAA 100.763 1,186,677.01 .33 3622SDCB8 VAR RT 07/20/2034 DD 07/01/04 AAA 1,196,479.17 .33 6,soo,000.00 GENERAL ELEC CO NT .ooo 3.699 AAA 100.015 6,502,203.50 l.83 369604AZ6 VAR RT 10/24/2005 DD 10/24/03 AAA 61 500,975.00 1.80 2,000,000.00 GOLDMAN SACHS GRP MTN tTR00203 .ooo 3.587 AAJ 100.078 2,001,900.00 .56 38141EJL4 VAR RT 03/30/2007 DD 04/01/04 A+ 2,001,560.00 .ss YLDANAL YIELD ANALYSIS PAGE 11 OCSF07522202 2005/07/31 RUN DATE 08/04/05 DISTRICT: LONG-TERM OPERATING RUN TIME 09 .19. 38 ========;=~=;=;;===============~~======================================================~===~~:ec:cc~~c~~c============~~=~===~ PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ------------------------------------------------------------------------------------------------- soo,000.00 GOLDMAN SACHS GRP MTN fTR00207 .ooo 3.960 AA3 100.515 800,000.00 .22 38141EJQ3 VAR RT 07/23/2009 DD 07/23/04 A+ 804,120.00 .22 4,250,000.00 GOLDMAN SACHS GRP .ooo 3. 774 AA3 100.109 4,250,000.00 1.20 38143UBD2 VAR RT 06/28/2010 DD 06/28/05 A+ 4,254,632.50 1.18 2so,ooo.oo HSBC BK USA MTN f SR00012 .ooo 3.508 AA2 100.0.31 250, 170. 00 .07 4042QOAM1 VAR RT 09/21/2007 DD 09/21/04 AA-250,077.50 .01 3,000,000.00 HSBC FIN CORP MTN t TR 00002 .ooo 3.360 Al 100.000 3,000,000.00 .84 40429JA83 VAR RT 02/28/2007 DD 03/29/05 A J,000,000.00 .83 J,000,000.00 HSBC FIN CORP MTN t TR 00007 .000 3.481 Al 99.968 2,995,830.00 .84 40429JAG2 VAR RT 05/10/2010 DD 05/10/05 A 2,999,040.00 .83 2,soo,000.00 HOUSEHOLD FIN CORP NT .ooo 7.016 A2 102.625 2,sn,soo.00 .72 441812GH1 7.200% 07/15/2006 DD 07/15/99 A 2,565,625.00 .71 2,000,000.00 MORG.l\N STANLEY .ooo 3.698 AA3 100.062 2,002,980.00 .56 61746BAK2 VAR RT 01/12/2007 DD 01/13/04 A+ 2,001,240.00 .55 3,200,000.00 MORGAN STANLEY NT .ooo 3.967 AA3 97.671 3,149,248.00 .88 61746BALO 3.875% 01/15/2009 DD 01/13/04 A+ 3,125,472.00 .86 650,000.00 MORGAN STAHLEY NT .ooo 3.287 AA3 100.046 650,000.00 .18 61746SAZ2 VAR RT 11/09/2006 DD 11/12/04 A+ 650,299.00 .18 1,400,000.00 PUBLIC SVC ELEC & GAS CO !ST .ooo 3.578 Al 99.968 1,400,000.00 .39 744567FN3 VAR RT 06/23/2006 DD 06/25/04 A-1,399,552.00 .39 410,997.51 RESIDENTIAL ASSET 03-RSll AIIB .ooo 3.787 AAA 100.078 410,997.51 .11 760985K83 VAR RT 12/25/2033 DD 12/30/03 AAA 411, 318. 09 .11 2,774,342.07 SBA GTD DEV PARTN 2001-20C 1 .ooo S.966 AAA 106.270 2,774,342.07 .83 83162CLJO 6.340% 03/01/2021 AAA 2,948,293.32 .82 1,625,857.81 SBA GTD PARTN CTFS SBIC-PS 01 .ooo 6.326 AAA 104.969 I,625,857.81 .48 831641DD4 6.640% 02/10/2011 DD 02/21/01 NR 1,706,646.68 .47 2,000,000.00 TOYOTA MTR CR MTN fTR00413 .ooo 3.349 AAA 99.984 1,998,188.00 .56 89233PTB6 VAR RT 09/18/2006 DD 03/16/05 AAA 1,999,680.00 .55 1,600,000.00 UNITED AIRLS PASSTHRU 01-1 C .ooo 15.180 WR 45.000 1,600,000.00 .20 909317BC2 6.831% 03/01/2010 DD 08/22/01 A-120,000.00 .20 YLDANAL YIELD ANALYSIS PAGE 12 OCSF07522202 2005/07 /31 RUN DATE 08/04/05 DISTRICT: LONG-TERM OPERATING RUN TIME 09 .19 .38 ========~~====;=~=========================================~=~=========~============o=======--======~=~=e===~=~c~:c:=====~==== PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ------------------------------------------------------------------------------------------------- 20,000,000.00 U S TREASURY NOTES .ooo 6.040 AAA 103.469 22,620,312.50 5.84 9128272JO 06.250% 02/15/2007 DD 02/15/97 AAA 20,693,800.00 5. 72 2,527,035.00 US TREASURY INFLATION INDEX NT .ooo 3.458 AAA 104. 844 2,742,232.60 .74 9128273T7 3.625\ 01/15/2008 DD 01/15/98 AAA 2,649,444.58 • 73 11,261,395.00 US TREASURY INFLATION INDEX NT .ooo 3.608 AAA 107.406 12,441,371. 76 3.41 9128274YS 3.875% 01/15/2009 DD 01/15/99 AAA 12,095,470.22 3.35 3,900,000.00 U S TREASURY NOTES .ooo S.713 AAA 100.640 4,288,149.14 1.10 9128276N7 05.750% 11/15/2005 DD 11/15/00 AAA 3,924,979.SO 1.09 2,100,000.00 U S TREASURY NOTES .ooo 4.245 AAA 100.125 2,148,303.45 .59 912828882 4.250% 08/15/2013 DD 08/15/03 AAA 2,102,625.00 .58 10,900,000.00 U S TREASURY NOTES .ooo 3.452 AAA 97.780 10,684,196.02 3.01 91282BBT6 3.375% 12/15/2008 DD 12/15/03 AAA 10,658,020.00 2.95 105,213.00 US TREASURY INFLATION INDEXED .ooo 1.978 AAA 101.120 107,418.37 .03 912828BW9 2.000% 01/15/2014 DD 01/15/04 AAA 106, 391. 39 .03 12,500,000.00 U S TREASURY NOTES .ooo 2.777 AAA 99.020 12,483,394.83 3.49 912828CMO 2.750% 06/30/2006 DD 06/30/04 AAA 12,377,500.00 3.42 3,197,185.00 US TREASURY INFLATION INDEX NT .ooo 1.978 AAA 101.110 3,285,052.88 .91 912828CP3 2.000% 07/15/2014 DD 07/15/04 AAA 3,232,673.75 .89 14,00o,ooo.oo U S TREASURY NOTES .ooo 2.780 AAA 98.910 14,029,693.55 3.91 912828C01 2.750% 07/31/2006 DD 07/31/04 AAA 13,847,400.00 3.83 55,300,000.00 U S TREASURY NOTES .ooo 2.414 AAA 98.400 55,018,326.59 15.37 912828CU2 2.375% 08/31/2006 OD 08/31/04 AAA 54,415,200.00 15.05 20,soo,000.00 U S TREASURY NOTES .ooo 2.915 AAA 98.630 20,640,268.90 S.79 912828009 2.875% 11/30/2006 DD 11/30/04 AAA 20,5151040.00 5.67 13,920,000.00 U S TREASURY NOTES .ooo 3.590 AAA 97.500 13,733,493.75 3,93 9128280£7 3.500% 12/15/2009 DD 12/15/04 AAA 13,572,000.00 3.75 20,100,000.00 U S TREASURY NOTES .ooo 4.024 AAA 99.400 20,765,970.28 5.81 912828DP2 4.000% 03/15/2010 DD 03/15/0S AAA 20,s1s,eoo.oo 5.69 11,200,000.00 U S TREASURY NOTES .000 3.764 AAA 99.620 11,177,638.19 3.15 912828DQO 3.750% 03/31/2007 DD 03/31/05 AAA 11,157,440.00 3.09 YLDAHAL YIELD ANALYSIS PAGE 13 OCSF07522202 2005/07/31 RUN DATE 08/04/05 DISTRICT: LONG-TERM OPERATING RUN TIME 09 .19. 38 ========================~========================~~==~==============~===================================~============c======= PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ------------------------------------------------------------------------------------------------- .oo UNITED STATES TREASURY NTS .ooo .ooo AAA .ooo .oo .oo 912828DR8 4.000% 04/15/2010 DD 04/lS/05 AAA .oo .oo 11,000,000.00 U S TREASURY NOTES .ooo 3.531 AAA 99 .130 10,927,852.54 3.08 912828DW7 3.500% 05/31/2007 DD 05/31/05 AAA 10,904,300.00 3.02 1,1so,ooo.oo VIRGINIA ELEC & PWR 01 SER A .ooo 5.697 Al 100.937 1,743,840.00 .49 927804ENO S.750% 03/31/2006 DD 03/27/01 BBB+ 1,766,397.50 .49 8,483,754.56 US TREASURY INFLATION INDEX NT 3.817 3.286 AAA 102. 719 7,544,441.88 2.46 9128272M3 3.375% 01/15/2007 DD 01/15/97 AAA 8,714,427.85 2.41 715,565.14 FHLMC MULTICLASS MTG SER El A 6.316 4.124 AAA 99.536 716,327.45 .20 3133TCE95 VAR RT 08/15/2032 DD 12/01/97 AAA 712,244.92 .20 422,248.23 GNMA GTD REMIC TR 2000-9 FH 6.320 3.879 AAA 100.779 422,248.23 .12 3837H4NX9 VAR aT 02/16/2030 AAA 425,533.32 .12 167,635.87 GNMA II POOL f 080088M 6.705 3.331 AAA 101.310 171,302.90 .04 36225CC20 7.375% 06/20/2027 DD 06/01/97 AAA 169, 931.90 .os 134,110.75 GNMA II POOL f0080023 6.992 4 .061 AAA 101.576 136,331.95 .03 36225CAZ9 VAR RT 12/20/2026 DD 12/01/96 AAA 136,224.34 .04 2,100,000.00 FEDERAL NATL MTG ASSN DEBS 7.113 6.125 AAA 108.160 2,030,133.00 .64 31359MEY5 6.625% 09/15/2009 DD 09/01/99 AAA 2,271,360.00 .63 930,234.05 WMP/HUNTOON PAIGE 1000-11150 7.684 7.438 AAA 100.927 910,030.52 .26 302998GE3 7.500% 12/01/2030 DD 10/21/99 AAA 937,929.69 .26 -----------------------------------------TOTAL FIXED INCOME SECURITIES .023 4.394 358,114,129.72 100.00 353,916,073.51 97.83 -----------------------------------------TOTAL .023 4.387 365,786,615.04 100.00 361,588,558.83 100.00 ================~ ========= Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSGOOO 10000 7/31/2005 Status: FINAL ~---~--··--- Net Unrealized Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base U.S. DOLLAR CASH & CASH EQUIVALENTS PAYABLE FOR INVESTMENTS -48,433,653.96 -48,433,653.96 -13.43% 0.00 PURCHASED INTEREST RECEIVABLE 3,420, 775.29 3,420,775.29 0.95% 0.00 RECEIVABLE FOR INVESTMENTS 4,044,335.99 4,044,335.99 l.12% 0.00 SOLD FEDERAL HOME LN BK CONS DISC 99.9742 1,900,000.000 1,899,509.17 1,899,509.17 0.53% 0.00 NMAT 08/01/2005SEC ID: 313385JW7 FEDERAL HOME LN BK CONS 99.1861 2,300,000.000 2,281,279.28 2,281,279.28 0.63% 0.00 DISCMAT 9/9/2005SEC ID: 313385LM6 FEDERAL HOME LN BK CONS DISC 99.1446 2,900,000.000 2,875,193.72 2,875,193.72 0.80% 0.00 NMAT 10/19/2005SEC ID: 313385ND4 FEDERAL HOME LN MTG CORP 99.2447 1,300,000.000 1,290, l 80.66 1,290, 180.66 0.36% 0.00 DISCMAT 08/09/2005SEC ID: 313397KEO FEDERAL HOME LN MTG CORP 99.1936 700,000.000 694,355.47 694,355.47 0.19% 0.00 DISCMAT 09/06/2005SEC ID: 313397W8 FEDERAL HOME LN MTG CORP DISC 99.1785 2,000,000.000 1,983,569.44 1,983,569.44 0.55% 0.00 0.000% 09/13/2005 DD 09/13/04SECID:313397LRO FEDERAL HOME LN MTG CORP 99.0083 2, 100,000.000 2,070,873.33 2 ,070 ,873.33 0.57% 0.00 DISCMAT l I/01/2005SEC ID: 313397NS6 FEDERAL HOME LN MTG CORP 98.5540 2, 900,000.000 2,858,066.80 2,858,066.80 0.79% 0.00 DISCMAT 12/ 12/2005SEC ID: 313397QKO FEDERAL HOME LN MTG CORP 98.2537 1, 900,000.000 1,866,820. 72 1,866,820. 72 0.52% 0.00 DISCMAT 01/ 10/2006SEC ID: 313397RQ6 FEDERAL NATL MTG ASSN 98.8462 1,000,000.000 988,461.67 988,461.67 0.27% 0.00 DISC08/0l/2005SEC ID: 313589JW4 FEDERAL NATL MTG ASSN 99.1782 1,200,000.000 l, 190, 138.33 1,190,138.33 0.33% 0.00 DISCOUNTMAT 08/08/2005SEC ID: 313589KD4 1 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED • OCSGOOOlOOOO 7/31/2005 Status: FINAL Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base FEDERAL NATL MTG ASSN 99.2214 2,500,000.000 2,480,536.11 2,480,536.11 0.69% 0.00 DISCOUNTMAT 08/ 10/2005SEC ID: 313589KF9 FEDERAL NATL MTG ASSN 98.3671 4,000,000.000 3,934,682.22 3,934,682.22 1.09% 0.00 DISCOUNTMAT 10/26/2005SEC ID: 313589NL3 GENERAL ELEC CAP 99.1125 3,700,000.000 3,667, 162.50 3,667, 162.50 1.02% 0.00 DISC10/20/2005SEC ID: 36959HXL6 U S TREASURY BILL 0.000% 99.1180 2,000,000.000 1,982,359.44 1,982,359.44 0.55'Yo 0.00 08/04/2005 DD 02/03/05SEC ID: 912795VK4 US TREASURY BILLlO/ 13/2005 98.5164 2,000,000.000 1,970,327.92 1,970,327.92 0.55% 0.00 DD 04/14/2005SEC ID: 912795WO CREDIT SUISSE FB REP003.210% 100.0000 7,800,000.000 7 ,800,000.00 7,800,000.00 2.16% 0.00 08/01/2005 DD 07 /29/05SEC ID: 99438T225 DREYFUS TREASURY CASH 100.0000 1, 165, 106.950 1,165,106.95 1,165,106.95 0.32% 0.00 MGMTSEC ID: 99608524 7 TOTAL CASH & CASH EQUIVALENTS 43,365,106.950 2,030,081.05 2,030,081.05 0.56% o.oo FIXED INCOME SECURITIES AIG SUNAMERICA GLOBAL REG S 5. 109.8670 752,000.000 826, 199.84 826,199.84 0.23% 0.00 850% 08/01/2008 DD 08/08/01SECID:U00907AAO ASSOCIATES CORP NORTH AMER NT-100.7030 15,000.000 15, 112.95 15, 105.45 0.00% -7.50 6.375% 11/ 15/2005 DD l l/21/95SEC ID: 046003FM6 BANK AMER N A TRANCHE 100.0000 3,500,000.000 3,499,940.20 3,500,000.00 0.97% 59.80 #TR00255VAR RT 08/08/2005 DD 02/07/05SECID:06050VLQ8 BEAR STEARNS COS INC NTS6. 100.5000 75,000.000 75,422.25 75,375.00 0.02% -47.25 875% 10/01/2005 DD 10/05/95SECID:073902AU2 CIT GROUP INC SR NT 7.375% 104.6874 600,000.000 632,688.00 628,124.50 0.17% -4,563.50 04/02/2007 DD 04/01 /02SEC ID: 125581AA6 CIT GROUP INC NEW SR NTVAR RT 100.3590 1,500,000.000 1,507 ,005.00 1,505,385.00 0.42% -1,620.00 09/22/2006 DD 09/23/03SEC ID: 125581AF5 2 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: i Exchange Rate: i OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/31/2005 Status: FINAL Net Unrealized Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base CIT GROUP INC MTN ffSR00092VAR 100.0780 3,300,000.000 3,300,000.00 3,302,574.00 0.92% 2,574.00 RT 05/23/2008 DD 05/25/05SEC ID: l 2560PDVO CITIGROUP INC GLOBAL SR NTVAR 99.9840 1,600,000.000 1,600,000.00 1,599, 744.00 0.44% -256.00 RT 05/02/2008 DD 05/02/05SEC ID: 172967CW9 CITICORP6.750'llo 08/ 15/2005SEC 100.1090 50,000.000 50,115.00 50,054.50 0.01% -60.50 ID: 173034GH6 WMP/HUNTOON PAIGE #000-100.8273 930,234.050 910,030.52 937,929.69 0.26% 27,899.17 111507.500% 12/01/2030 DD 10/21/99SEC ID: 302998GE3 FEDERAL HOME LN MTG CORP MTN 97.8000 10,000,000.000 9,993, 100.00 9, 780,000.00 2.71% -213,100.00 4.000% 09/22/2009 DD 09/22/04SEC ID: 3128X3WY5 FHLMC MULTICLASS MTG SER E3 99.5360 715,565.140 716,327.45 712,244.92 0.20°1<1 -4,082.53 AVAR RT 08/ 15/2032 DD 12/01/97SECID:3133TCE95 FEDERAL HOME LN BKS CONS 94.7237 2, 700,000.000 2,565,820.00 2,557,540.63 0.71% -8,279.37 BDVAR RT 02/27 /2012 DD 02/27/04SECID:3133X3SQ7 FHLMC GROUP #78-6064 6.384% 102.6400 50,611.020 49,377.37 51,947.15 0.01% 2,569.78 01/01/2028 DD 12/0l/97SEC ID: 31348SWZ3 FEDERAL NATL MTG ASSN DEBS6. 108.1600 2, 100,000.000 2,030, 133.00 2,271,360.00 0.63% 241,227.00 625% 09/ 15/2009 DD 09/01/99SEC ID: 31359MEY5 FEDERAL NATL MTG ASSN DEBS5. 100.9200 2,350,000.000 2,385,461.50 2,371,620.00 0.66% -13,841.50 250% 06/ 15/2006 DD 06/22/01SECID:31359MJX2 FEDERAL NATL MTG ASSN DEBS 3. 95.6970 6,800,000.000 6,575, 736.00 6,507,396.00 1.80% -68,340.00 125% 03/ 16/2009 DD 03/ 16/04SEC ID: 31359MUQ4 FNMA POOL #0254510 5.000% 100.4510 577 ,458.430 594,782.18 580,062.77 0.16% -14,719.41 11/01/2017 DD 10/0l/02SEC ID: 31371KVB4 FNMA POOL #025463 1 5.000% 100.4500 123,442.160 127, 145.43 123,997.65 0.03% -3, 147.78 02/01/2018 DD 01/0l/03SEC ID: 31371KY47 FNMA POOL #0254 760 5.000% 100.4370 111, 7 4 7. 880 115,100.31 112,236.22 0.03% -2,864.09 06/01/2018 DD 05/0l/03SEC ID: 31371K5V9 3 Workbenc11 Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/31/2005 Status: FINAL Net Unrealized Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base FNMA POOL #0254866 5.000% 100.4280 50,869.490 52,395.58 51,087.21 0.01% -1,308.37 09/01/2018 DD 08/01/03SEC ID: 31371LCB3 FNMA POOL #0254907 5.000% 100.4250 379,538.360 379,538.36 381, 151.40 0.11% 1,613.04 10/01/2018 DD 09/0l/03SEC ID: 31371LDLO FNMA POOL #0254953 5.0001Yo 100.4210 270,048.550 273,508.56 271,185.45 0.08% -2,323.11 11/01/2018 DD 10/01/03SEC ID: 31371LE21 FNMA POOL #0254987 5.000% 100.3205 725,567.190 734,863.52 727,892.84 0.20% -6,970.68 12/01/2018 DD l 1/01/03SEC ID: 31371LF46 FNMA POOL #0323980 6.000% 103.4630 119,575.420 124,844.21 123,716.32 0.03% -1,127.89 04/01/2014 DD 09/01/99SEC ID: 31374T2MO FNMA POOL #0357328 5.000% 100.3201 20,748.800 21,371.27 20,815.22 0.01% -556.05 01/01/2018 DD 01/0l/03SEC ID: 31376J4M8 FNMA POOL #0357430 5.000% 100.4340 1, 100,243.300 1,112,621.03 1,105,018.36 0.31% -7,602.67 09/01/2018 DD 09/01/03SEC ID: 31376KA71 FNMA POOL #0456482 6.000% 103.4630 35,016.320 36,559.21 36,228.94 0.01% -330.27 02/01/2014 DD 02/01/99SEC ID: 31381CCT2 FNMA POOL #0509649 6.000% 103.4630 93,910.740 98,048.68 97,162.87 0.03% -885.81 09/01/2014 DD 09/0l/99SEC ID: 31383QEWO FNMA POOL #0535451 6.000% 103.4630 93,083.800 97, 185.31 96,307.29 0.03% -878.02 06/01/2015 DD 07 /01/00SEC ID: 31384VZQ8 FNMA POOL #0555363 5.000% 100.4470 266, 763. 900 274,766.81 267,956.33 0.07% -6,810.48 04/01/2018 DD 03/01/03SEC ID: 31385W5Yl FNMA POOL #0555453 5.000% 100.4440 27,715.280 28,070.39 27,838.34 0.01% -232.05 05/01/2018 DD 04/0l/03SEC ID: 31385XBW6 FNMA POOL #0555545 5.000% 100.4440 222,201.830 228,867.90 223,188.41 0.06% -5,679.49 06/01/2018 DD 05/01/0JSEC ID: 31385XES2 4 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/31/2005 Status: FINAL Net Unrealized Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base FNMA POOL #0555621 5.000% 100.3205 760,879.230 769,439.11 763,318.07 0.21% -6,121.04 07/01/2018 DD 06/01/03SEC ID: 31385XG68 FNMA POOL #0681309 5.000% 100.4500 421, 182.480 433,817.95 423,077.80 0.12% -10,740.15 02/01/2018 DD 02/01/03SEC ID: 31391Y3S4 fi'NMA POOL #0681334 5.000'Yo 100.4500 50,448.320 51,961.78 50,675.34 0.01% -1,286.44 02/01/2018 DD 01/01/03SEC ID: 31391Y4Tl FNMA POOL #0684 798 5.500% 100.8020 310,886.530 310,619.37 313,379.84 0.09% 2,760.47 03/01/2033 DD 03/01/03SEC ID: 31400DX31 FNMA POOL #0684908 5.000% 100.4370 279,299.680 282,878.23 280,520.22 0.08% -2,358.01 06/01/2018 DD 05/0l/03SEC ID: 31400D3Rl FNMA POOL #0685200 5.000°/i, 100.4440 150' 151. 640 152,075.48 150,818.31 0.04% -1,257.17 03/01/2018 DD 03/01/0JSEC ID: 31400EGH7 FNMA POOL #0685665 5.ooo•x, 100.4500 25,157.220 25,911.94 25,270.43 0.01% -641.51 02/01/2018 DD 02/0l/03SEC ID: 31400EW22 FNMA POOL #0686318 5.000% 100.4470 225,913.510 232,690.91 226,923.34 0.06'% -5,767.57 03/01/2018 DD 03/01/03SEC ID: 31400FPB7 FNMA POOL #0688739 5.000% 100.4370 88,462.430 91,116.30 88,849.01 0.02% -2,267.29 06/01/2018 DD 06/0I/03SEC ID: 31400JEL9 FNMA POOL #0689859 5.000% 100.4370 80,651.250 81,684.59 81,003.70 0.02% -680.89 05/01/2018 DD 05/0l/03SEC ID: 31400KMG8 FNMA POOL #0693834 5.000% 100.4470 475,109.750 489,363.02 477,233.49 0.13% -12,129.53 03/01/2018 DD 03/01/03SEC ID: 31400PY74 FNMA POOL #0695852 5.000% 100.4400 176,325.480 181,615.24 177,101.31 0.05% -4,513.93 05/01/2018 DD 05/01/03SEC ID: 31400SBVO FNMA POOL #0695889 5.000% 100.4400 623, 716.030 642,427.52 626,460.38 0.17% -15,967.14 05/01/2018 DD 05/0l/03SEC ID: 31400SC23 5 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: i OCSD-CONSOLIDATED -OCSGOOOlOOOO Exchange Rate: 7/31/2005 Status: FINAL Net Unrealized Price Cost Market Value % of Gain/Loss Description Base Shares Par Base Base Total Base· FNMA POOL #0697026 5.000% 100.4400 18,573.410 19,130.63 18,655.13 0.01% -475.50 05/01/2018 DD 04/0l/03SEC ID: 31400TLF2 FNMA POOL #0702210 5.000% 100.3205 179,036.480 184,407.58 179,610.34 0.05% -4,797.24 05/01/2018 DD 05/01/03SEC ID: 31401ADP9 FNMA POOL #0702328 5.000% 100.4400 104, 190.600 105,525.54 104,649.04 0.03% -876.50 05/01/2018 DD 04/01/03SEC ID: 31401AHD2 FNMA POOL #0709148 5.000% 100.4340 232,871.880 239,858.06 233,882.54 0.06% -5,975.52 06/01/2018 DD 06/01/03SEC ID: 31401HZM7 FNMA POOL #0709360 5.000% 100.4340 516,145.290 522,758.40 518,385.36 0.14% -4,373.04 07/01/2018 DD 06/01 /03SEC ID: 31401JB56 FNMA POOL #0709826 5.000% 100.4370 89,184.420 90,327.09 89,574.16 0.02% -752.93 06/01/2018 DD 06/0l/03SEC ID: 31401JSP4 FNMA POOL #0709917 5.0001Yo 100.4370 183,797.820 186,152.74 184,601.02 0.05% -1,551.72 06/01/2018 DD 06/01/03SEC ID: 31401JVJ4 FNMA POOL #0709963 5.000% 100.3205 17,419.680 17,642.88 17,475.52 0.00% -167.36 06/01/2018 DD 06/0l/03SEC ID: 31401JWYO FNMA POOL #0710235 5.000% 100.4340 467,700.830 481,731.88 469,730.65 0.13% -12,001.23 06/01/2018 DD 06/01/03SEC ID: 31401KBC8 FNMA POOL #0713344 5.000% 100.4370 12,358.820 12,729.57 12,412.83 0.00% -316.74 06/01/2018 DD 06/01/03SEC ID: 31401NP52 FNMA POOL #0713365 5.000% 100.4340 189,968.720 192,402.68 190,793.18 0.05% -1,609.50 07 /01/2018 DD 07 /01/03SEC ID: 31401NQS1 FNMA POOL #0720319 5.000% 100.4340 579,713.230 587,140.82 582,229.19 0.16% -4,911.63 07 /01/2018 DD 07 /Ol/03SEC ID: 31401WG45 FNMA POOL #0720369 5.000% 100.3205 1,873,837.200 1, 930,052.32 1,879,843.39 0.52% -50,208.93 06/01/2018 DD 06/01/03SEC ID: 3140IWJNO 6 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSG00010000 7/31/2005 Status: FINAL ---------·· Net Unrealized Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base FNMA POOL #0721629 5.000% 100.4340 248,948.040 256,416.50 250,028.47 0.07% -6,388.03 07/01/2018 DD 06/0l/03SEC ID: 31401XVW4 FNMA POOL #0723487 5.000% 100.4340 184,279.310 186,352.47 185,079.08 0.05% -1,273.39 06/01/2018 DD 06/01/03SEC ID: 31402AXQ4 FNMA POOL #0725530 5.0001Yo 100.2610 2,852,138.010 2,890,909.24 2,859,583.03 0.79% -31,326.21 06/01/2019 DD 05/01/04SEC ID: 31402DA75 FNMA POOL #0729601 5.000% 100.4310 331,602.830 335,851.50 333,032.04 0.09% -2,819.46 07 /01/2018 DD 07 /01/03SEC ID: 31402HRW3 FNMA POOL #0732873 5.000% 100.4210 29,593.460 29,972.61 29,718.05 0.01% -254.56 11/01/2018 DD 10/01/03SEC ID: 31402MFN5 FNMA POOL #0735227 5.500% 100.6830 969,148.500 977,325.69 975,767.78 0.27% -1,557.91 02/01/2035 DD 01/01/05SEC ID: 31402QYY1 FNMA POOL #0737130 5.000% 100.4280 532,543.600 539,366.81 534,822.89 0.15% -4,543.92 10/01/2018 DD 10/0l/03SEC ID: 31402S4P9 FNMA POOL #0738211 5.000% 100.3205 433,934.940 439.494.76 435,325.83 0.12% -4,168.93 10/01/2018 DD 10/01/03SEC ID: 31402UDQ2 FNMA POOL #0738487 5.000% 100.4210 158,051.920 160,076.97 158,717.32 0.04% -1,359.65 10/01/2018 DD 10/0l/03SEC ID: 31402UNC2 FNMA POOL #0740457 5.000% 100.3205 1,849,930.290 1,875,077.78 1,855,859.85 0.51% -19,217.93 10/01/2018 DD 10/01/03SEC ID: 31402WTN8 FNMA POOL #0740471 5.000% 100.3205 642,866.950 651,103.67 644,927.53 0.18% -6,176.14 10/01/2018 DD 10/01/03SEC ID: 31402WT40 FNMA POOL #0740748 5.000% 100.4280 639,748.480 647,945.25 642,486.60 0.18% -5,458.65 10/01/2018 DD 11 /Ol/03SEC ID: 31402W5H7 FNMA POOL #0743868 5.000% 100.3205 30,856.040 31,251.39 30,954.94 0.01% -296.45 11/01/2018 DD 10/01/03SEC JD: 31403BMR1 -----·----- 7 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED · OCSGOOOlOOOO 7/31/2005 Status: FINAL Net Unrealized Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base FNMA POOL #0744008 5.000% 100.4370 867 ,092.520 878,202.15 870,881. 71 0.24% -7,320.44 07/01/2018 DD 09/01/03SEC ID: 31403BR54 FNMA POOL #0744316 5.000% 100.3205 134,534.070 136,257.79 134,965.29 0.04% -1,292.50 09/01/2018 DD 09/0l/03SEC ID: 3140383Z4 FNMA POOL #0747914 5.000% 100.4210 257,855.070 261,158.85 258,940.64 0.07% -2,218.21 11/01/2018 DD ll/01/03SEC ID: 31403F3XO FNMA POOL #0748400 5.000% 100.3205 159,447.170 161,490.09 159,958.24 0.04% -1,531.85 08/01/2018 DD 09/01/03SEC ID: 31403GNR9 FNMA POOL #0748899 5.000% 100.3205 820,524.560 831,037.53 823,154.58 0.23% -7,882.95 12/01/2018 DD ll/01/03SEC ID: 31403G7LO FNMA POOL #0750377 5.000% 100.3205 1,777,006.100 1,799,773.99 1,782,701.92 0.49% -17,072.07 11/01/2018 DD 11/01/03SEC ID: 31403JUA2 FNMA POOL #0750380 5.000% 100.3205 1,508,621.480 1,527,950.71 1,513,457.05 0.42% -14,493.66 11/01/2018 DD 11/0l/03SEC ID: 31403JUD6 FNMA POOL #0750445 5.000% 100.3205 139,158.560 140,941.53 139,604.60 0.04% -1,336.93 11/01/2018 DD l l/01/03SEC ID: 31403JWE2 FNMA POOL #0751960 5.000% 100.3205 664,507.660 673,02.1.68 666,637.60 0.18% -6,384.08 12/01/2018 DD l 1/0l/03SEC ID: 31403LMH1 FNMA POOL #0753425 5.000% 100.4180 709,514. 740 717,718.49 712,480.51 0.20% -5,237.98 11/01/2018 DD 11/01/03SEC ID: 31403NA23 FNMA POOL #0755165 5.000% 100.4180 488,509.210 494,768.23 490,551.18 0.14% -4,217.05 12/01/2018 DD l l/Ol/03SEC ID: 31403Q6A3 FNMA POOL #0756372 5.000% 100.4180 816,360.570 825,799.74 819,772.96 0.23% -6,026.78 11/01/2018 DD 11/01/03SEC ID: 31403SJR8 FNMA POOL #0784251 5.000% 100.3870 2,983,643.030 3,024,201.94 2,995,189.73 0.83% -29,012.21 11/01/2019 DD ll/01/04SEC ID: 31405BH46 8 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: , OCSD-CONSOLIDATED • OCSGOOOlOOOO 7/31/2005 Status: FINAL Net Unrealized Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base FNMA POOL #0789670 5.000% 100.3870 829,472.520 840,748.16 832,682.58 0.23% -8,065.58 12/01/2019 DD 12/01/04SEC ID: 31405HJP4 FNMA POOL #0792432 5.000% 100.3870 837, 177.570 848,557.95 840,417.45 0.23% -8, 140.50 10/01/2019 DD 10/01/04SEC ID: 31405LLM9 FNMA POOL #0792437 5.000% 100.3870 4,883,537.860 4,883,537.86 4,902,437.15 1.36% 18,899.29 10/01/2019 DD 10/01/04SEC ID: 31405LLS6 FNMA POOL #0794195 5.000% 100.3870 882,518. 770 894,515.52 885,934.12 0.25% -8,581.40 11/01/2019DDl1/01/04SEC ID: 31405NKG9 FNMA POOL #0797160 5.000% 100.3870 3,095,565.350 3,137,645.68 3,107,545.19 0.86% -30,100.49 12/01/2019 DD 12/01/04SEC ID: 31405RTR7 FNMA POOL #0797408 5.000% 100.3870 791, 132.650 801,887.11 794,194.33 0.22% -7,692.78 12/01/2019 DD 12/01/04SEC ID: 31405R3R5 FNMA POOL #0797414 5.000'Yo 100.3870 781,023.240 791,640.26 784,045.80 0.22% -7,594.46 12/01/2019 DD 12/01/04SEC ID: 31405R3X2 FNMA POOL #0800370 5.000% 100.3870 35 7 ,273.180 356,882.42 358,655.83 0.10% 1,773.41 12/01/2019 DD 11/01/04SEC ID: 31405VFK8 FNMA POOL #0800998 5.500% 100.6830 331,472.450 331,187.60 333,736.41 0.09% 2,548.81 11/01/2034 DD 11/0l/04SEC ID: 31405V3F2 FNMA POOL #0803923 5.000% 100.3870 2,912,113.040 2 ,951,699 .58 2,923,382.92 0.81% -28,316.66 12/01/2019 DD 12/0l/04SEC ID: 31406AD41 FNMA POOL #0807711 5.000% 100.3870 2,924,667.890 2,964,425.09 2, 935, 986.35 0.81% -28,438.74 01/01/2020 DD 01/0l/05SEC ID: 31406EKY9 FNMA POOL #0808933 5.500% 100.6830 331,975.870 331,690.58 334,243.27 0.09% 2,552.69 01/01/2035 DD 01/0l/05SEC ID: 31406FV24 FNMA POOL #0809350 5.500% 100.6830 323,864.540 323,586.22 326,076.53 0.09% 2,490.31 12/01/2034 DD 01/01/05SEC ID: 31406GEX3 9 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSG00010000 7/31/2005 Status: FINAL --·------. Net Unrealized Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base FNMA POOL #0814930 5.500% 100.5040 328,549.210 328,266.86 330,205.05 0.09% 1,938.19 04/01/2035 DD 04/01/05SEC ID: 31406NLK8 FNMA POOL #0815923 5.500% 100.6830 333,944.190 333,657.21 336,225.03 0.09% 2,567.82 03/01/2035 DD 03/01/05SEC ID: 31406PPG8 FNMA POOL #0816246 5.000% 100.3870 622,620.130 621,939.14 625,029.67 0.17% 3,090.53 03/01/2020 DD 03/0l/05SEC ID: 31406PZK8 FNMA POOL #0819566 5.500% 100.6830 328,224.4 70 327,942.41 330,466.24 0.09% 2,523.83 04/01/2035 DD 04/0l/05SEC ID: 31406TQT1 FNMA POOL #0822731 5.500% 100.6830 329,950.860 329,667.31 332,204.42 0.09% 2,537.11 05/0l /2035 DD 05/01 /05SEC ID: 31406XA85 FNMA POOL #0823232 5.500% 100.6830 331,764.140 331,479.02 334,030.09 0.09% 2,551.07 06/01/2035 DD 05/01/05SEC ID: 31406XSV5 FNMA POOL #0823787 5.000% 100.3870 1, 946,035.280 1,943,906.79 1,953,566.44 0.54% 9,659.65 05/01/2020 DD 05/0l/05SEC ID: 31406YF47 FIRST UNION CORP 7.050% 100.0000 20,000.000 20,028.60 20,000.00 0.01% -28.60 08/01/2005 DD 08/0l/95SEC ID: 337358880 GNMA POOL #0421389 6.500% 104.7470 7,932.500 8,325.41 8,309.06 0.00% -16.35 04/15/2026 DD 04/0l/96SEC ID: 36206UC23 GNMA POOL #0449851 6.500% 104.2953 11,967.240 12,559.99 12,481.26 0.00% -78.73 01/15/2028 DD 01/0l/98SEC ID: 36208FWLO GNMA POOL #0466845 6.500% 104.7170 32,378.870 33,982.64 33,906.18 0.01% -76.46 06/ 15/2028 DD 06/0l/98SEC ID: 36209BTA6 GNMA POOL #0468052 6.500% 104. 7140 109,344.520 114,760.48 114,499.02 0.03% -261.46 07/15/2028 DD 07/0l/98SEC ID: 36209CSM4 GNMA POOL #0476041 6.500% 104.7170 116,043.420 121,609.89 121,517.19 0.03% -92.70 06/15/2028 DD 06/0l/98SEC ID: 36209MZE7 10 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/31/2005 Status: FINAL Net Unrealized Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base GNMA POOL #04 78626 6.500% 104.7000 119,317.820 125,041.35 124,925.76 0.03% -115.59 01/15/2029 DD 01/01/99SEC ID: 36209QVT9 GNMA POOL #0480598 6.500% 104.7050 28,495.070 29,861.93 29,835.76 0.01% -26.17 10/ 15/2028 DD 10/0l/98SEC ID: 36209S3F6 GNMA POOL #0512235 6.500% 104.6710 5,819.600 6,107.85 6,091.43 0.00% -16.42 1l/15/2029 DD l l/Ol/99SEC ID: 36211GBC6 GNMA POOL #0514326 6.500% 104.6830 77,221.400 80,925.61 80,837.68 0.02% -87.93 07 /15/2029 DD 07 /01/99SEC ID: 36211JLF2 GNMA II POOL #0080023VAR RT 101.5760 134,110.750 136,331.95 136,224.34 0.04% -107.61 12/20/2026 DD 12/0l/96SEC ID: 36225CAZ9 GNMA II POOL #080088M 7.375% 101.3100 167,635.870 171,302.90 169,831.90 0.05% -1,471.00 06/20/2027 DD 06/0l/97SEC ID: 36225CC20 GNMA II POOL #0080395VAR RT 101.4110 143,513.790 142,213.20 145,538.77 0.04% 3,325.57 04/20/2030 DD 04/01/00SEC ID: 36225CNM4 GNMA II POOL #080408XVAR RT 101.4090 1,274,613.260 1,261,667.97 1,292,572.56 0.36% 30,904.59 05/20/2030 DD 05/01/00SEC ID: 36225CN28 GNMA II POOL #0080965VAR RT 100.7630 1, 187,419.160 1,186,677.01 1, 196,479.17 0.33% 9,802.16 07 /20/2034 DD 07 /01/04SEC ID: 36225DCB8 GENERAL ELEC CO NTVAR RT 100.0150 6,500,000.000 6,502,203.50 6,500,975.00 1.80% -1,228.50 10/24/2005 DD 10/24/03SEC ID: 369604AZ6 GOLDMAN SACHS GRP MTN 100.0780 2,000,000.000 2,001,900.00 2,001,560.00 0.56% -340.00 #TR00203VAR RT 03/30/2007 DD 04/0l/04SECID:38141EJL4 GOLDMAN SACHS GRP MTN 100.5150 800,000.000 800,000.00 804,120.00 0.22% 4,120.00 #TR00207VAR RT 07 /23/2009 DD 07/23/04SECID:38141EJQ3 GOLDMAN SACHS GRPVAR RT 100.1090 4,250,000.000 4,250,000.00 4,254,632.50 1.18% 4,632.50 06/28/2010 DD 06/28/05SEC ID: 38143UBD2 11 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: ! OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/31/2005 Status: FINAL ---~-Net Unrealized Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base, GNMA GTD REMIC TR 2000-9 100.7780 422,248.230 422,248.23 425,533.32 0.12% 3,285.09 FHVAR RT 02/16/2030SEC ID: 3837H4NX9 HSBC BK USA MTN #SR00012VAR 100.0310 250,000.000 250,170.00 250,077.50 0.07% -92.50 RT 09/21/2007 DD 09/21/04SEC ID: 4042QOAM 1 HSBC FIN CORP MTN # TR 100.0000 3,000,000.000 3,000,000.00 3,000,000.00 0.83% 0.00 00002VAR RT 02/28/2007 DD 03/29/05SECID:40429JAB3 HSBC FIN CORP MTN # TR 99.9680 3,000,000.000 2,995,830.00 2,999,040.00 0.83% 3,210.00 00007VAR RT 05/ 10/2010 DD 05/10/05SECID:40429JAG2 HOUSEHOLD FIN CORP NT7.200% 102.6250 2,500,000.000 2,591,500.00 2,565,625.00 0.71% -25,875.00 07I15/2006 DD 07I15/99SEC ID: 441812GH1 MORGAN STANLEYVAR RT 100.0620 2,000,000.000 2,002,980.00 2,001,240.00 0.55% -1,740.00 01/12/2007 DD 01/13/04SEC ID: 61746BAK2 MORGAN STANLEY NT 3.875% 97.6710 3,200,000.000 3,149,248.00 3, 125,472.00 0.87% -23,776.00 01/15/2009 DD 01/13/04SEC ID: 61746BALO MORGAN STANLEY NTVAR RT 100.0460 650,000.000 650,000.00 650,299.00 0.18% 299.00 11/09/2006 DD 1 l/12/04SEC ID: 61746SAZ2 PUBLIC SVC ELEC & GAS CO 99.9680 1,400,000.000 1,400,000.00 1,399,552.00 0.39% -448.00 ISTVAR RT 06/23/2006 DD 06/25/04SECID:744567FN3 RESIDENTIAL ASSET 03-RS 11 100.0780 410,997.510 410,997.51 411,318.09 0.11% 320.58 AllBVAR RT 12/25/2033 DD 12/30/03SECID:760985K83 SBA GTD DEV PARTN 200 l -20C 16. 106.2700 2, 774,342.070 2,774,342.07 2,948,293.32 0.82% 173,951.25 340% 03/0l/2021SEC ID: 83162CWO SBA GTD PARTN CTFS SBIC-PS 01 104.9690 1,625,857.810 1,625,857 .81 1, 706,646.68 0.47% 80,788.87 6.640% 02/ 10/2011 DD 02/21/01SECID:831641DD4 SOUTHWESTERN BELL TEL CO 100.7030 1,000,000.000 1,007 ,520.00 1,007,030.00 0.28% -490.00 MED6.560% 11/15/2005 DD ll/15/96SECID:84534EDS4 12 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOUDATED • OCSGOOOlOOOO 7/31/2005 Status: FINAL r----·· Net Unrealized Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base TOYOTA MTR CR MTN #TR004 l 3VAR 99.9840 2,000,000.000 1,998,188.00 1,999,680.00 0.55% 1,492.00 RT 09/18/2006 DD 03/16/0SSEC ID: 89233PTE6 UNITED AIRLS PASSTHRU 01-1 C 6. 45.0000 1,600,000.000 1,600,000.00 720,000.00 0.20% -880,000.00 831% 03/01/2010 DD 08/22/01SECID:9093178C2 U S TREASURY NOTES06.250% 103.4690 20,000,000.000 22,620,312.50 20, 693 ,800.00 5.741Yi1 -1,926,512.50 02/ 15/2007 DD 02/ 15/97SEC ID: 9128272JO US TREASURY INFLATION INDEX 102.7190 8,483, 754.560 7,544,441.88 8, 714,427.85 2.42% 1,169,985.97 NT 3.375% 01/15/2007 DD 01 I 15 /97SEC ID: 9 l 28272M3 US TREASURY INFLATION INDEX NT 104.8440 2,527 ,035. 000 2,742,232.60 2,649,444.58 0.73% -92,788.02 3.625% 01/ 15/2008 DD 01/15/98SECID:9128273T7 US TREASURY INFLATION INDEX NT 107.4065 11,261,395.000 12,441,371. 76 12,095,470.22 3.35% -345,901.54 3.875% 01/ 15/2009 DD 01/15/99SECID:9128274Y5 U S TREASURY NOTES05. 750% 100.6405 3,900,000.000 4,288, 149.14 3,924,979.50 1.09% -363,169.64 11/ 15/2005 DD 11/ 15/00SEC ID: 9128276N7 U S TREASURY NOTES 4.250% 100.1250 2, 100,000.000 2, 148,303.45 2, l 02,625.00 0.58% -45,678.45 08/15/2013 DD 08/15/03SEC ID: 912828BH2 U S TREASURY NOTES 3.375% 97.7800 10, 900,000.000 10,684,196.02 10,658,020.00 2.96% -26,176.02 12/15/2008 DD 12/15/03SEC ID: 9128288T6 US TREASURY INFLATION INDEXED 101.1200 105,213.000 107,418.37 106,391.39 0.03% -1,026.98 2.000% 01/ 15/2014 DD 01/ 15/04SEC ID: 912828BW9 US TREASURY NOTES 2.750% 99.0200 12,500,000.000 12,483,394.83 12,377,500.00 3.43% -105,894.83 06/30/2006 DD 06/30/04SEC ID: 912828CMO US TREASURY INFLATION INDEX 101.1100 3, 197, 185.000 3,285,052.88 3,232,673. 75 0.90% -52,379.13 NT 2.000% 07I15/2014 DD 07/15/04SECID:912828CP3 US TREASURY NOTES 2.750% 98.9100 14,000,000.000 14,029,693.55 13,847,400.00 3.84% -182,293.55 07/31/2006 DD 07/31/04SEC ID: 912828CQ1 13 Workbencl1 Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/31/2005 Status: FINAL Net Unrealized Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base U S TREASURY NOTES 2.375% 98.4000 55,300,000.000 55,018,326.59 54,415,200.00 15.09% -603, 126.59 08/31/2006 DD 08/31/04SEC ID: 912828CU2 U S TREASURY NOTES 2.875% 98.6300 20,800,000.000 20,640,268. 90 20,515,040.00 5.69% -125,228.90 11/30/2006 DD 11/30/04SEC ID: 912828DD9 US TREASURY NOTES 3.SOO<Yo 97.5000 13, 920,000.000 13,733,493.75 13,572,000.00 3.76% -161,493.75 12/ 15/2009 DD 12/ 15/04SEC ID: 912828DE7 US TREASURY NOTES 4.000% 99.4000 20,700,000.000 20, 765, 970.28 20,575,800.00 5.71% -190, 170.28 03/ 15/2010 DD 03/ 15/05SEC ID: 912828DP2 US TREASURY NOTES 3.750% 99.6200 11,200,000.000 11, 177,638.19 11, 157,440.00 3.09% -20, 198.19 03/31/2007 DD 03/31/05SEC ID: 912828DQO US TREASURY NOTES 3.500% 99.1300 11,000,000.000 10, 927 ,852.54 10, 904,300.00 3.02°/ii -23,552.54 05/31/2007 DD 05/31/0SSEC ID: 912828DW7 VIRGINIA ELEC & PWR 01 SER AS. 100.9370 1, 750,000.000 1,743,840.00 1,766,397.50 0.49% 22,557.50 750% 03/31 /2006 DD 03/27/01SECID:927804ENO TOTAL FIXED INCOME SECURITIES 359,586,465.360 362, 782,268. 72 358,583,638.46 99.44% -4, 198,630.26 TOTAL ASSETS U.S. DOLLAR 402,951,572.310 364,812,349.77 360,613,719.51 100.00% -4, 198,630.26 TOTAL ASSETS -BASE: 402,951,572.310 364,812,349. 77 360,613,719.51 100.00% -4, 198,630.26 14 Workbench : OCSD-CONSOLIDATED -OCSGOOOlOOOO Tran Type Description Transaction Detail Reported by Transaction Category 7/1/2005-7/29/2005 Trade Date Settle Date Reported Date Local Price Base Price Base Ex Rate Shares/Par RECEIPTS AND DISBURSEMENT TRANSACTIONS DISTRIBUTION TO PLAN ADMINISTRATOR U.S. DOLLAR Cost Base CW TRAN TO ORANGE COUNTYSEC ID: 7/29/2005 0.000 -20,000,000.00 NA9 l 234590CSF07522202: LONG TERM OPER-PIMCO 7/29/2005 PURCHASES CASH & CASH EQUIVALENTS U.S. DOLLAR 8 B B B B FEDERAL HOME LN BK CONS DISC MAT 7 /6/2005 7 /7 /2005SEC ID: 313385HV1BROKER: 7 /6/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 7 /6/2005 LIQUID OPER-PIMCO FEDERAL HOME LN BK CONS DISC MAT 7 /6/2005 7 /7 /2005SEC ID: 313385HV1BROKER: 7 /6/2005 LEHMAN GOVT SECS INC, NYOCSF07522202: 7 /6/2005 LONG TERM OPER-PIMCO FEDERAL HOME LN BK CONS DISC N 7 /8/2005 MATURES 07 / l l/2005SEC ID: 7 /8/2005 313385HZ2BROKER: LEHMAN GOVT SECS 7 /S/2005 INC, NYOCSF0751l102: LIQUID OPER-PIMCO FEDERAL HOME LN BK CONS DISC N 7 /8/2005 MATURES 07 / ll/2005SEC ID: 7 /8/2005 313385HZ2BROKER: CREDIT SUISSE, NEW 7 /8/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO FEDERAL HOME LN BK CONS DISC N MAT 7/21/2005 07 /22/2005SEC ID: 313385JL1BROKER: 7 /21 /2005 MERRILL LYNCH PIERCE FENNER SMITH INC 7/2 l/2005 NYOCSF075 l l 102: LIQUID OPER-PIMCO • Actual Settle Date 99.9913 900,000.000 899,921.25 99.9913 9,300,000.000 9,299, 186.25 99.9742 1,000,000.000 999,741.67 99.9742 2 '900,000.000 2,899,250.83 99.9914 1, 700,000.000 1,699,853.61 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base -20,000,000.00 -899,921.25 -9,299,186.25 -999,741.67 -2,899,250.83 -1,699,853.61 Net Gain/Loss Base 0.00 0.00 0.00 0.00 0.00 0.00 Workbench Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B FEDERAL HOME LN BK CONS DISC N MAT 7/22/2005 99.9741 800,000.000 799,792.67 -799,792.67 0.00 07 /25/2005SEC ID: 313385JP2BROKER: 7 /22/2005 MERRILL LYNCH PIERCE FENNER SMITH INC 7 /22/2005 NYOCSF0751l102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC N MAT 7/25/2005 99.9913 1,900,000.000 1,899,833.75 -1,899,833.75 0.00 07 /26/2005SEC ID: 313385JQOBROKER: 7/25/2005 BANC OF AMERICA SEC LLC, SAN 7/25/2005 FRANCISCOOCSF07511102: LIQUID OPER- PIM CO B FEDERAL HOME LN BK CONS DISC MAT 7/26/2005 99.9913 1,900,000.000 1,899,833.75 -1,899,833.75 0.00 07 /27 /2005SEC ID: 313385JR8BROKER: 7/26/2005 CREDIT SUISSE, NEW YORKOCSF0751l102: 7/26/2005 LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC N MAT 7/27/2005 99.9913 1, 900,000.000 1,899,834.28 -1,899,834.28 0.00 07 /28/2005SEC ID: 313385JS6BROKER: 7/27/2005 CREDIT SUISSE, NEW YORKOCSF07511102: 7/27/2005 LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC MAT 7/28/2005 99.9913 1, 900,000.000 1,899,834.28 -1,899,834.28 0.00 07 /29/2005SEC ID: 313385JT4BROKER: 7/28/2005 CREDIT SUISSE, NEW YORKOCSF07511102: 7/28/2005 LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC N MAT 7/29/2005 99.9742 1,900,000.000 1,899,509.17 -1,899,509.17 0.00 08/01/2005SEC ID: 313385JW7BROKER: 7/29/2005 BARCLAYS CAPITAL INC, NEW 7/29/2005 YORKOCSF07511102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC N MAT 7/22/2005 99.1446 2, 900,000.000 2,875, 193. 72 -2,875, 193. 72 0.00 10/ 19/2005SEC ID: 313385ND4BROKER: 7/22/2005 CHASE SECURITIES, NEW 7/22/2005 YORKOCSF07511102: LIQUID OPER-PIMCO 8 FEDERAL HOME LN MTG CORP DISC MAT 7/21/2005 99.9915 100,000.000 99,991.47 -99,991.47 0.00 07 /22/2005SEC ID: 313397JL6BROKER: 7/21/2005 CITIGROUP GBL MKTS/SALOMON, NEW 7/21/2005 YORKOCSF07511102: LIQUID OPER-PIMCO Workbench ·• Actual Settle Date 2 , OCSD-CONSOLIDATED • OCSGOOOlOOOO Transaction Detail Reported by Transaction Category 7/1/2005-7/29/2005 Tran Type Description Trade Date Settle Date Reported Date 8 8 8 8 B B B B FEDERAL HOME LN MTG CORP DISC MAT 7/22/2005 l 1/01/2005SEC ID: 313397NS6BROKER: 7 /22/2005 CREDIT SUISSE, NEW YORKOCSF07522202: 7 /22/2005 LONG TERM OPER-PIMCO FEDERAL HOME LN MTG CORP DISC MAT 7 /20/2005 12/ 12/2005SEC ID: 313397QKOBROKER: 7 /20/2005 LEHMAN GOVT SECS INC, NYOCSF07522202: 7 /20/2005 LONG TERM OPER-PIMCO FEDERAL HOME LN MTG CORP DISC MAT 01/ 10/2006SEC ID: 313397RQ6BROKER: UBS SECURITIES LLC, STAMFORDOCSF07511102: LIQUID OPER- PIMCO FEDERAL NATL MTG ASSN DISCOUNT MAT 07 /06/2005SEC ID: 313589HUOBROKER: BANC OF AMERICA SEC LLC, SAN FRANCISCOOCSF07522202: LONG TERM OPER-PIMCO FEDERAL NATL MTG ASSN DISCOUNT MAT 10/ 19/2005SEC ID: 313589ND1BROKER: JP MORGAN CHASE BANK/HSBCI, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO GENERAL ELEC CAP DISC 10/20/2005SEC ID: 36959HXL6BROKER: CITIBANK CP IPA, NEW YORKOCSF07522202: LONG TERM OPER-PIMCO 7/22/2005 7/22/2005 7/22/2005 7/5/2005 7/5/2005 7/5/2005 7/20/2005 7/20/2005 7/20/2005 7/22/2005 7/22/2005 7/22/2005 LEHMAN CAT 1 REPO REPO 03.180% 7 / 1 /2005 07 /05/2005 DD 07 /01/0SSEC ID: 7/1/2005 99437M1228ROKER: LEHMAN GOVT SECS 7/l/2005 INC, NYOCSF0751l102: LIQUID OPER-PIMCO LEHMAN CAT 2 REPO 03.180% 07/06/2005 7/5/2005 DD 07 /05/05SEC ID: 99437N823BROKER: 7 /5/2005 LEHMAN GOVT SECS INC, NYOCSF07522202: 7 /5/2005 LONG TERM OPER-PIMCO * Actual Settle Date Local Price Base Price Base Ex Rate 99.0083 98.5540 98.2537 99.9911 99.1241 99.1125 100.0000 100.0000 3 Shares/Par 6, 100,000.000 3,400,000.000 I, 900,000.000 9,400,000.000 4,600,000.000 3, 700,000.000 1,000,000.000 1,000,000.000 Cost Base 6,039,508.33 3,350,836.94 1,866,820. 72 9,399, 161.83 4,559, 709. 75 3,667, 162.50 1,000,000.00 1,000,000.00 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base -6,039,508.33 -3,350,836. 94 -1,866,820. 72 -9,399,161.83 -4,559,709.75 -3,667,162.50 -1,000,000.00 -1,000,000.00 Net Gain/Loss Base 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Workbencl1 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD · OCSD-CONSOLIDATED • OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base 8 LEHMAN CAT 2 REPO 03.150% 07 /06/2005 7/5/2005 100.0000 l,000,000.000 1,000,000.00 -1,000,000.00 0.00 DD 07 /05/05SEC ID: 99437N856BROKER: 7 /5/2005 LEHMAN GOVT SECS INC, NYOCSF0751l102: 7 /5/2005 LIQUID OPER-PIMCO 8 CS FOB CAT 2 REPO REPO 03.110% 7/6/2005 100.0000 1,200,000.000 1,200,000.00 -1,200,000.00 0.00 07 /07 /2005 DD 07 /06/05SEC ID: 7/6/2005 99437Q0088ROKER: CREDIT SUISSE, NEW 7/6/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO 8 LEHMAN CAT 1 REPO REPO 03.110% 7/7/2005 100.0000 1,000,000.000 1,000,000.00 -1,000,000.00 0.00 07 /08/2005 DD 07 /07 /05SEC ID: 7/7/2005 99437R7588ROKER: LEHMAN GOVT SECS INC, NYOCSF07511102: LIQUID OPER-PIMCO 7 /7 /2oo5 8 CREDIT SUISSE FB REPO 03.100% 7/7/2005 100.0000 10,500,000.000 10,500,000.00 -10,500,000.00 0.00 07 /08/2005 DD 07 /07 /05SEC ID: 7/7/2005 99437R840BROKER: CREDIT SUISSE, NEW 7/7/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO 8 CS FOB CAT 2 REPO REPO 03.070% 7/8/2005 100.0000 1,200,000.000 1,200,000.00 -1,200,000.00 0.00 07/11/2005 DD 07 /08/05SEC ID: 7/8/2005 99437T135BROKER: CREDIT SUISSE, NEW 7/8/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO B CREDIT SUISSE FB REPO 03.120% 7/11/2005 100.0000 3, 900,000.000 3,900,000.00 -3, 900,000.00 0.00 07/12/2005 DD 07/11/0SSEC ID: 7/11/2005 99437V064BROKER: CREDIT SUISSE, NEW 7/11/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO B LEHMAN CAT 1 REPO REPO 03.120% 7/11/2005 100.0000 2,600,000.000 2,600,000.00 -2,600,000.00 0.00 07I12/2005 DD 07Il1/05SEC ID: 7/11/2005 99437V 17 lBROKER: LEHMAN GOVT SECS INC, NYOCSF0751l102: LIQUID OPER-PIMCO 7 / l l /2oo5 B LEHMAN CAT 1 REPO REPO 03.130% 7/12/2005 100.0000 2,600,000.000 2,600,000.00 -2,600,000.00 0.00 07I13/2005 DD 07I12/05SEC ID: 7 /12/2005 99437W658BROKER: LEHMAN GOVT SECS INC, NYOCSF07511102: LIQUID OPER-PIMCO 7fl2/200S Workbe11c11 * Actual Settle Date 4 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B LEHMAN CAT 1 REPO REPO 03.130% 7/12/2005 100.0000 3, 900,000.000 3,900,000.00 -3, 900 ,000.00 0.00 07I13/2005 DD 07I12/05SEC ID: 7/12/2005 99437W658BROKER: LEHMAN GOVT SECS 7/12/2005 INC, NYOCSF07522202: LONG TERM OPER- PIMCO B CREDIT SUISSE FB REPO 03.120% 7/13/2005 100.0000 3,900,000.000 3,900,000.00 -3,900,000.00 0.00 07I14/2005 DD 07I13/05SEC ID: 7/13/2005 99437Y 183BROKER: CREDIT SUISSE, NEW 7/13/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO B LEHMAN CAT 1 REPO REPO 03.130% 7/13/2005 100.0000 2,600,000.000 2,600,000.00 -2,600,000.00 0.00 07I14/2005 DD 07I13/05SEC ID: 7/13/2005 99437Y316BROKER: LEHMAN GOVT SECS 7/l3/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO B CREDIT SUISSE FB REPO 03.170% 7/14/2005 100.0000 3,900,000.000 3,900,000.00 -3, 900,000.00 0.00 07I15/2005 DD 07I14/05SEC ID: 7/14/2005 99437Y837BROKER: CREDIT SUISSE, NEW 7/14/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO B LEHMAN CAT 2 REPO 03.190% 07 / 15/2005 7/14/2005 100.0000 2,600,000.000 2,600,000.00 -2,600,000.00 0.00 DD 07/14/05SEC ID: 99437Z966BROKER: 7/14/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 7/14/2005 LIQUID OPER-PIMCO B CREDIT SUISSE FB REPO 03.250% 7/15/2005 100.0000 3,900,000.000 3,900,000.00 -3,900,000.00 0.00 07/18/2005 DD 07 /15/05SEC ID: 7/15/2005 99438A515BROKER: CREDIT SUISSE, NEW 7/15/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO B LEHMAN CAT 2 REPO 03.260% 07/18/2005 7/15/2005 100.0000 2,600,000.000 2,600,000.00 -2,600,000.00 0.00 DD 07/15/0SSEC ID: 99438B6618ROKER: 7/15/2005 LEHMAN GOVT SECS INC, NYOCSF07 511102: 7 / 15 / 2005 LIQUID OPER-PIMCO B LEHMAN CAT 2 REPO 03.190% 07/19/2005 7/18/2005 100.0000 2,600,000.000 2,600,000.00 -2,600,000.00 0.00 DD 07I18/0SSEC ID: 99438C8838ROKER: 7I18/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: ?/l8/2005 LIQUID OPER-PIMCO Workbench * Actual Settle Date 5 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED • OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B LEHMAN CAT 1 REPO REPO 03.150% 7/19/2005 100.0000 2,600,000.000 2,600,000.00 -2,600,000.00 0.00 07 /20/2005 DD 07I19/05SEC ID: 7/19/2005 99438E483BROKER: LEHMAN GOVT SECS INC, NYOCSF07511102: LIQUID OPER-PIMCO 7 / l 9/2oo5 B LEHMAN CAT 2 REPO 03.100% 07/21/2005 7/20/2005 100.0000 2,600,000.000 2,600,000.00 -2,600,000.00 0.00 DD 07 /20/05SEC ID: 99438G0908ROKER: 7 /20/2005 LEHMAN GOVT SECS INC, NYOCSF0751l102: 7 /20/2005 LIQUID OPER-PIMCO B LEHMAN CAT 2 REPO 03.170% 07 /22/2005 7/21/2005 100.0000 700,000.000 700,000.00 -700,000.00 0.00 DD 07/21/05SEC ID: 99438H6688ROKER: 7/21/2005 LEHMAN GOVT SECS INC, NYOCSF07522202: 7 /2 l/2005 LONG TERM OPER-PIMCO B LEHMAN CAT 2 REPO 03.170% 07 /22/2005 7/21/2005 100.0000 7,800,000.000 7,800,000.00 -7,800,000.00 0.00 DD 07/21/05SEC ID: 99438H668BROKER: 7/21/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 7/2l/2005 LIQUID OPER-PIMCO 8 LEHMAN CAT 2 REPO 03.190% 07 /25/2005 7/22/2005 100.0000 7,800,000.000 7,800,000.00 -7,800,000.00 0.00 DD 07 /22/05SEC ID: 99438Kl 90BROKER: 7 /22/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 7122/2005 LIQUID OPER-PIMCO 8 LEHMAN CAT 1 REPO REPO 03.190% 7/25/2005 100.0000 7,800,000.000 7,800,000.00 -7,800,000.00 0.00 07 /26/2005 DD 07 /25/05SEC ID: 7/25/2005 99438L677BROKER: LEHMAN GOVT SECS INC, NYOCSF0751l102: LIQUID OPER-PIMCO 7 /25/2oo5 B LEHMAN CAT 1 REPO REPO 03.180% 7/26/2005 100.0000 7 ,800,000.000 7,800,000.00 -7,800,000.00 0.00 07 /27 /2005 DD 07 /26/0SSEC ID: 7/26/2005 99438N285BROKER: LEHMAN GOVT SECS INC, NYOCSF07511102: LIQUID OPER-PIMCO 7 f26f 2005 B LEHMAN CAT 1 REPO REPO 03.210% 7/28/2005 100.0000 7,800,000.000 7,800,000.00 -7,800,000.00 0.00 07 /29/2005 DD 07 /28/0SSEC ID: 7/28/2005 99438R658BROKER: LEHMAN GOVT SECS INC, NYOCSF07511102: LIQUID OPER-PIMCO 7 f 28f 2005 Workbench '" Actual Settle Date 6 Transaction Detail Report ID: EWBA09 I OCS/J.CONSOLIDATED -OCSGOOOlOOOO Reported by Transaction Category Base Currency: USD 7/1/2005-7/29/2005 Status: FINAL I Trade Date Local Price I Tran Settle Date Base Price Cost Amount Net Gain/Loss I Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B CREDIT SUISSE FB REPO 03.210% 7/29/2005 100.0000 7,800,000.000 7,800,000.00 -7,800,000.00 0.00 08/01/2005 DD 07 /29/05SEC ID: 7/29/2005 99438T225BROKER: CREDIT SUISSE, NEW 7/29/2005 YORKOCSF075 l l 102: LIQUID OPER-PIMCO B DREYFUS TREASURY CASH MGMTSEC ID: 7/1/2005 1.0000 14,443.320 14,443.32 -14,443.32 0.00 99608524 70CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /1/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/6/2005 1.0000 103,695.900 103,695.90 -103,695.90 0.00 9960852470CSF0751l102: LIQUID OPER-7/6/2005 PIMCO 7/6/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/6/2005 1.0000 5,084.720 5,084.72 -5,084.72 0.00 99608524 70CSF07522202: LONG TERM 7/6/2005 OPER-PIMCO 7/6/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/7/2005 1.0000 103.670 103.67 -103.67 0.00 99608524 70CSF07522202: LONG TERM 7/7/2005 OPER-PIMCO 7/7/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/8/2005 1.0000 344.720 344.72 -344.72 0.00 9960852470CSF0751l102: LIQUID OPER-7/8/2005 PIM CO 7/8/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/11/2005 1.0000 200,000.000 200,000.00 -200,000.00 0.00 9960852470CSF0751l102: LIQUID OPER-7/11/2005 PIM CO 7/11/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/11/2005 1.0000 200,307.000 200,307.00 -200,307.00 0.00 9960852470CSF07522202: LONG TERM 7/11/2005 OPER-PIMCO 7 /11/2005 --· --·--------·· Workbench ·k Actual Settle Date 7 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base 8 DREYFUS TREASURY CASH MGMTSEC ID: 7/13/2005 1.0000 339.080 339.08 -339.08 0.00 99608524 70CSF07522202: LONG TERM 7/13/2005 OPER-PIMCO 7/13/2005 8 DREYFUS TREASURY CASH MGMTSEC ID: 7/13/2005 1.0000 226.060 226.06 -226.06 0.00 9960852470CSF07511102: LIQUID OPER-7/13/2005 PIM CO 7/13/2005 8 DREYFUS TREASURY CASH MGMTSEC ID: 7/14/2005 1.0000 338.000 338.00 -338.00 0.00 99608524 70CSF07522202: LONG TERM 7/14/2005 OPER-PIMCO 7/14/2005 8 DREYFUS TREASURY CASH MGMTSEC ID: 7/14/2005 1.0000 226.060 226.06 -226.06 0.00 9960852470CSF07511102: LIQUID OPER-7/14/2005 PIMCO 7/14/2005 8 DREYFUS TREASURY CASH MGMTSEC ID: 7/15/2005 1.0000 230.390 230.39 ·230.39 0.00 9960852470CSF07511102: LIQUID OPER-7/15/2005 PIM CO 7 /15/2005 8 DREYFUS TREASURY CASH MGMTSEC ID: 7/15/2005 1.0000 616,848.390 616,848.39 -616,848.39 0.00 9960852470CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7/15/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/18/2005 1.0000 706.330 706.33 -706.33 0.00 9960852470CSF0751l102: LIQUID OPER-7/18/2005 PIMCO 7/18/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/18/2005 1.0000 3, 920,051.820 3,920,051.82 -3.920,051.82 0.00 99608524 70CSF07522202: LONG TERM 7/18/2005 OPER-PIMCO 7/18/2005 Workbench ·k Actual Settle Date 8 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B DREYFUS TREASURY CASH MGMTSEC ID: 7 /19/2005 1.0000 230.390 230.39 -230.39 0.00 9960852470CSF07511102: LIQUID OPER-7/19/2005 PIMCO 7/19/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7 /19/2005 1.0000 1,562.500 1,562.50 -1,562.50 0.00 99608524 70CSF07522202: LONG TERM 7/19/2005 OPER-PIMCO 7/19/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/20/2005 1.0000 227.500 227.50 -227.50 0.00 9960852470CSF0751l102: LIQUID OPER-7/20/2005 PIMCO 7/20/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/21/2005 1.0000 378.810 378.81 -378.81 0.00 9960852470CSF07511102: LIQUID OPER-7/21/2005 PIMCO 7/21/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/22/2005 1.0000 43.774.700 43,774.70 -43,774.70 0.00 99608524 70CSF07522202: LONG TERM 7/22/2005 OPER-PIMCO 7/22/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/22/2005 1.0000 58,879.720 58,879.72 -58,879.72 0.00 9960852470CSF0751l102: LIQUID OPER-7/22/2005 PIMCO 7/22/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/25/2005 1.0000 976,802.710 976,802.71 -976,802.71 0.00 99608524 70CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7/25/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 7/26/2005 1.0000 59,811.260 59,811.26 -59,811.26 0.00 99608524 70CSF07522202: LONG TERM 7/26/2005 OPER-PIMCO 7/26/2005 ------~- Workbench ·k Actual Settle Date 9 OCSD-CONSOLIDATED -OCSGOOOlOOOO Transaction Detail Reported by Transaction Category 7/1/2005-7/29/2005 8 8 8 B 8 8 Tran Type Description Trade Date Settle Date Reported Date DREYFUS TREASURY CASH MGMTSEC ID: 9960852470CSF0751l102: LIQUID OPER- PIMCO DREYFUS TREASURY CASH MGMTSEC ID: 9960852470CSF0751l102: LIQUID OPER- PIMCO DREYFUS TREASURY CASH MGMTSEC ID: 9960852470CSF0751l102: LIQUID OPER- PIMCO DREYFUS TREASURY CASH MGMTSEC ID: 99608524 70CSF07522202: LONG TERM OPER-PIMCO BSDT-LATE MONEY DEPOSIT ACCTSEC ID: 9960870940CSF07522202: LONG TERM OPER-PIMCO BSDT-LATE MONEY DEPOSIT ACCTSEC ID: 9960870940CSF07522202: LONG TERM OPER-PIMCO 7/26/2005 7/26/2005 7/26/2005 7/27/2005 7/27/2005 7/27/2005 7/29/2005 7/29/2005 7/29/2005 7/29/2005 7/29/2005 7/29/2005 7/5/2005 7/5/2005 7/5/2005 7/25/2005 7/25/2005 7/25/2005 Local Price Base Price Base Ex Rate 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 Shares/Par 857.420 7,800,854.720 646.330 1,335.710 100,774.330 59,811.260 Cost Base 857.42 7,800,854.72 646.33 1,335.71 100,774.33 59,811.26 TOTAL CASH & CASH EQUIVALENTS U.S. DOLLAR: 177 ,068,892.820 176,823,869.59 TOTAL CASH & CASH EQUIVALENTS BASE: FIXED INCOME SECURITIES U.S. DOLLAR -~Actual Settle Date 177 ,068,892.820 176,823,869.59 IO Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base -857.42 -7,800,854.72 -646.33 -1,335.71 -100,774.33 -59,811.26 -176,823,869.59 -176,823,869.59 Net Gain/Loss Base 0.00 0.00 0.00 0.00 0.00 0.00 0.00 o.oo Workbench Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B ASSOCIATES CORP NORTH AMER NT-7/7/2005 100.7530 15,000.000 15,112.95 -15,112.95 0.00 6.375% 11/15/2005 DD 11/21/95SEC ID: 7/12/2005 046003FM6BROKER: FIRST TENNESSEE BK 7/7/2005 NA-BOND DIV, MEMPHISOCSF07511102: LIQUID OPER-PIMCO 18 ASSOCIATES CORP NORTH AMER NT-7/7/2005 100.7530 0.000 0.00 -151.41 0.00 6.375% 11/15/2005DDl1/21/95SEC ID: 7 /12/2005 046003FM6BROKER: FIRST TENNESSEE BK 7/7/2005 NA-BOND DIV, MEMPHISOCSF0751I102: LIQUID OPER-PIMCO B BEAR STEARNS COS INC NTS 6.875% 7/7/2005 100.5630 75,000.000 75,422.25 -75,422.25 0.00 10/01/2005 DD 10/05/95SEC ID: 7/12/2005 073902AU2BROKER: FIRST TENNESSEE BK 7/7/2005 NA-BOND DIV, MEMPHISOCSF0751l102: LIQUID OPER-PIMCO 18 BEAR STEARNS COS INC NTS 6.875% 7/7/2005 100.5630 0.000 0.00 -1,446.61 0.00 10/01/2005 DD 10/05/95SEC ID: 7/12/2005 073902AU2BROKER: FIRST TENNESSEE BK 7/7/2005 NA-BOND DIV, MEMPHISOCSF0751l102: LIQUID OPER-PIMCO B CITICORP 6.750% 08/ 15/2005SEC ID: 7/7/2005 100.2300 50,000.000 50, 115.00 -50,115.00 0.00 173034GH6BROKER: FIRST TENNESSEE BK 7/12/2005 NA-BOND DIV, MEMPHISOCSF07511102: 7/7/2005 LIQUID OPER-PIMCO 18 CITICORP 6.750% 08/15/2005SEC ID: 7/7/2005 100.2300 0.000 0.00 -1,378.13 0.00 173034GH6BROKER: FIRST TENNESSEE BK 7 /12/2005 NA-BOND DIV, MEMPHISOCSF0751l102: 7/7/2005 LIQUID OPER-PIMCO 8 FEDERAL NATL MTG ASSN DEBS 3.125% 7/7/2005 96.7020 6,800,000.000 6,575, 736.00 -6,575,736.00 0.00 03/16/2009 DD 03/16/04SEC ID: 7/8/2005 31359MUQ4BROKER: MERRILL LYNCH 7/7/2005 PIERCE FENNER SMITH INC NYOCSF07522202: LONG TERM OPER-PIMCO 18 FEDERAL NATL MTG ASSN DEBS 3.125% 7/7/2005 96.7020 0.000 0.00 -66, 111.11 0.00 03/ 16/2009 DD 03/ 16/04SEC ID: 7/8/2005 31359MUQ4BROKER: MERRILL LYNCH 7/7/2005 PIERCE FENNER SMITH INC NYOCSF07522202: LONG TERM OPER-PIMCO Workbencl1 ·• Actual Settle Date 11 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD·CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss ' Type Description Reported Date Base Ex Rate Shares/Par Base Base Base 8 FIRST UNION CORP 7.050% 08/01 /2005 DD 7 /7 /2005 100.1430 20,000.000 20,028.60 -20,028.60 0.00 08/0l/95SEC ID: 337358BBOBROKER: FIRST 7/12/2005 TENNESSEE BK NA-BOND DIV, MEMPHISOCSF0751l102: LIQUID OPER-7 /7 /2005 PIMCO 18 FIRST UNION CORP 7.050% 08/01 /2005 DD 7 /7 /2005 100.1430 0.000 0.00 -630.58 0.00 08/01/95SEC ID: 337358BBOBROKER: FIRST 7I12/2005 TENNESSEE BK NA-BOND DIV, MEMPHISOCSF07511102: LIQUID OPER-7 /7 /2oo5 PIMCO B SOUTHWESTERN BELL TEL CO MED 6.560% 7 /28/2005 100.7520 1,000,000.000 1,007,520.00 -1,007 ,520.00 0.00 11/15/2005 DD ll/15/96SEC ID: 8/2/2005 84534EDS4BROKER: FIRST TENNESSEE BK 7 /28/2005 NA-BOND DIV, MEMPHISOCSF0751l102: LIQUID OPER-PIMCO 18 SOUTHWESTERN BELL TEL CO MED 6.560% 7 /28/2005 100.7520 0.000 0.00 -14,031.11 0.00 11/15/2005 DD 11/ 15/96SEC ID: 8/2/2005 84534EDS4BROKER: FIRST TENNESSEE BK 7 /28/2005 NA-BOND DIV, MEMPHISOCSF0751I102: LIQUID OPER-PIMCO B U S TREASURY NOTES 4.000% 03/ 15/2010 7/19/2005 99.8853 20, 700,000.000 20,676,261.45 -20,676,261.45 0.00 DD 03/ 15/05SEC ID: 912828DP2BROKER: 8/17 /2005 GOLDMAN SACHS & CO, NYOCSF07522202: 7/19/2005 LONG TERM OPER-PIMCO IB US TREASURY NOTES 4.000°/i, 03/ 15/2010 7/19/2005 99.8853 0.000 0.00 -348,750.00 0.00 DD 03f15/05SEC ID: 912828DP2BROKER: 8/17/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 7/19/2005 LONG TERM OPER-PIMCO B UNITED STATES TREASURY NT 3. 750% 7/15/2005 99.8438 31, 100,000.000 31,051,406.25 -31,051,406.25 0.00 03/31/2007 DD 03/31/0SSEC ID: 7/18/2005 912828DQOBROKER: CREDIT SUISSE, NEW 7/15/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO IB UNITED STATES TREASURY NT 3.750% 7/15/2005 99.8438 0.000 0.00 -347,325.82 0.00 03/31/2007 DD 03/31/05SEC ID: 7/18/2005 912828DQOBROKER: CREDIT SUISSE, NEW 7/15/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO Workbench " Actual Settle Date 12 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED • OCSG00010000 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B UNITED STATES TREASURY NT 3.750% 7/19/2005 99.8003 11,200,000.000 11, 177,638.19 -11,177,638.19 0.00 03/31/2007 DD 03/31/05SEC ID: 8/17/2005 9 l 2828DQOBROKER: LEHMAN GOVT SECS 7/19/2005 INC, NYOCSF07522202: LONG TERM OPER· PIM CO 18 UNITED STATES TREASURY NT 3. 750% 7/19/2005 99.8003 0.000 0.00 -159,508.20 0.00 03/31/2007 DD 03/31/05SEC ID: 8/17/2005 912828DQOBROKER: LEHMAN GOVT SECS 7/19/2005 INC, NYOCSF07522202: LONG TERM OPER- PIMCO B UNITED STATES TREASURY NTS 4.000% 7/28/2005 99.6459 4,000,000.000 3,985,835.64 -3, 985,835.64 0.00 04/15/2010 DD 04/15/05SEC ID: 8/17/2005 912828DR8BROKER: UBS SECURITIES LLC, 7/28/2005 STAMFORDOCSF07522202: LONG TERM OPER-PIMCO 18 UNITED STATES TREASURY NTS 4.000% 7/28/2005 99.6459 0.000 0.00 -54,207.65 0.00 04/15/2010 DD 04/ l 5/05SEC ID: 8/17/2005 912828DR8BROKER: UBS SECURITIES LLC, 7/28/2005 STAMFORDOCSF07522202: LONG TERM OPER-PIMCO B UNITED STATES TREASURY NTS 4.000% 7/29/2005 99.4063 4,000,000.000 3,976,250.00 -3,976,250.00 0.00 04/15/2010 DD 04/15/0SSEC ID: 7/29/2005 912828DR8BROKER: CREDIT SUISSE, NEW 7/29/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO 18 UNITED STATES TREASURY NTS 4.000% 7/29/2005 99.4063 0.000 0.00 -45,901.64 0.00 04/15/2010 DD 04/ 15/05SEC ID: 7/29/2005 912828DR8BROKER: CREDIT SUISSE, NEW 7/29/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO B US TREASURY NOTES 3.500% 05/31/2007 7/19/2005 99.3441 l l ,000,000.000 10,927,852.54 -10,927,852.54 0.00 DD 05/31/05SEC ID: 912828DW78ROKER: 8/17/2005 LEHMAN GOVT SECS INC, NYOCSF07522202: 7 /19/2005 LONG TERM OPER-PIMCO 18 US TREASURY NOTES 3.500% 05/31/2007 7/19/2005 99.3441 0.000 0.00 -82,049.18 0.00 DD 05/31/05SEC ID: 912828DW7BROKER: 8/17/2005 LEHMAN GOVT SECS INC, NYOCSF07522202: 7/19/2005 LONG TERM OPER-PIMCO ------------------------------------------------------------~----------~--- Workbench ·k Actual Settle Date 13 OCSD-CONSOLIDATED -OCSGOOOlOOOO Transaction Detail Reported by Transaction Category 7/1/2005-7/29/2005 Tran Trade Date Settle Date Reported Date Local Price Base Price Base Ex Rate Type Description TOTAL FIXED INCOME SECURITIES U.S. DOLLAR: TOTAL FIXED INCOME SECURITIES BASE: PAY UPS FIXED INCOME SECURITIES U.S. DOLLAR TOTAL PURCHASES BASE: PU FHLMC MULTICLASS MTG SER E3 A VAR RT 1/ 1/2005 100.0000 08/15/2032 DD 12/0l/97SEC ID: 1/1/2005 3133TCE950CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /12/2005 * PU FHLMC MULTICLASS MTG SER E3 A VAR RT 4/ 1/2005 100.0000 08/15/2032 DD 12/01/97SEC ID: 4/ 1/2005 3133TCE950CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7/12/2005 * PU FHLMC MULTICLASS MTG SER E3 A VAR RT 4/ 1/2005 100.0000 08/ 15/2032 DD 12/0l/97SEC ID: 4/1 /2005 3133TCE950CSF07522202: LONG TERM 7/1 /2005 OPER-PIMCO 7 / l2/2005 * PU FHLMC MULTICLASS MTG SER E3 A VAR RT 6/ 1/2005 100.0000 08/ 15/2032 DD 12/01/97SEC ID: 6/ 1/2005 3133TCE950CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7I12/2005 * TOTAL FIXED INCOME SECURITIES U.S. DOLLAR: TOTAL FIXED INCOME SECURITIES BASE: ·k Actual Settle Date 14 Shares/Par 89,960,000.000 89,960,000.000 267 ,028,892.820 0.200 2.450 1.700 0.100 4.450 4.450 Cost Base 89,539,178.87 89,539,178.87 266,363,048.46 0.20 2.45 1.70 0.10 4.45 4.45 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base -90,660,670.31 -90,660,670.31 -267,484,539.90 -0.20 -2.45 -1.70 -0.10 -4.45 -4.45 Net Gain/Loss Base 0.00 o.oo 0.00 0.00 0.00 0.00 0.00 o.oo 0.00 Workbencll OCSD-CONSOLIDATED -OCSGOOOlOOOO Transaction Detail Reported by Transaction Category 7/1/2005-7/29/2005 Tran Type Description Trade Date Settle Date Reported Date Local Price Base Price Base Ex Rate TOTAL PAY UPS BASE: SALES CASH & CASH EQUIVALENTS U.S. DOLLAR s IS s IS s IS FEDERAL HOME LN MTG CORP DISC MAT 7 /29/2005 ll/Ol/2005SECID:313397NS6BROKE~ 7/29/2005 MORGAN STANLEY & CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO 7 f29f 2005 FEDERAL HOME LN MTG CORP DISC MAT 7 /29/2005 l 1/01/2005SEC ID: 313397NS6BROKER: 7 /29/2005 MORGAN STANLEY & CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO 7f29f 2005 FEDERAL HOME LN MTG CORP DISC MAT 7 /29/2005 12/12/2005SECID:313397QKOBROKER: 7/29/2005 CREDIT SUISSE, NEW YORKOCSF07522202: 7 /29/2005 LONG TERM OPER-PIMCO FEDERAL HOME LN MTG CORP DISC MAT 7 /29/2005 12/ 12/2005SEC ID: 313397QKOBROKER: 7 /29/2005 CREDIT SUISSE, NEW YORKOCSF07522202: 7 /29/2005 LONG TERM OPER-PIMCO FEDERAL NATL MTG ASSN DISCOUNT MAT 10/ 19/2005SEC ID: 313589ND1BROKER: CHASE SECURITIES, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO FEDERAL NATL MTG ASSN DISCOUNT MAT 10/ 19/2005SEC ID: 313589ND1BROKER: CHASE SECURITIES, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO 7/28/2005 7/28/2005 7/28/2005 7/28/2005 7/28/2005 7/28/2005 ·k Actual Settle Date 99.0083 99.0083 98.5540 98.5540 99.1241 99.1241 15 Shares/Par 4.450 -6,000,000.000 0.000 -500,000.000 0.000 -l, 100,000.000 0.000 Cost Base 4.45 -5, 940 ,500.00 0.00 -492,770.14 0.00 -1,090,365.37 0.00 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base -4.45 5,940,500.00 4,083.34 492,770.14 618.75 1,090,365.38 859.68 Net Gain/Loss Base 0.00 0.00 0.00 0.00 0.00 0.01 0.00 Workbench Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED • OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s FEDERAL NATL MTG ASSN DISCOUNT MAT 7/29/2005 99.1241 -3,500,000.000 -3,469,344.38 3,469,344.38 0.00 10/ 19/2005SEC ID: 313589ND1BROKER: 7/29/2005 CREDIT SUISSE, NEW YORKOCSF07522202: 7/29/2005 LONG TERM OPER-PIMCO IS FEDERAL NATL MTG ASSN DISCOUNT MAT 7/29/2005 99.1241 0.000 0.00 3,550.06 0.00 10/19/2005SEC ID: 313589ND1BROKER: 7/29/2005 CREDIT SUISSE, NEW YORKOCSF07522202: 7/29/2005 LONG TERM OPER-PIMCO s LEHMAN CAT 1 REPO REPO 03.180% 7/5/2005 100.0000 -1,000,000.000 -1,000,000.00 l ,000,000.00 0.00 07/05/2005 DD 07/01/05SEC ID: 7/5/2005 99437M 122BROKER: LEHMAN GOVT SECS INC, NYOCSF07511102: LIQUID OPER-PIMCO 7 /5/2oo5 IS LEHMAN CAT 1 REPO REPO 03.180% 7/5/2005 100.0000 0.000 0.00 353.33 0.00 07 /05/2005 DD 07/01 /05SEC ID: 7/5/2005 99437M 122BROKER: LEHMAN GOVT SECS INC, NYOCSF07511102: LIQUID OPER-PIMCO 7 /5/2oo5 s LEHMAN CAT 2 REPO 03.180% 07 /06/2005 7/6/2005 100.0000 -1,000,000.000 -1,000,000.00 1,000,000.00 0.00 DD 07 /05/05SEC ID: 99437N823BROKER: 7 /6/2005 LEHMAN GOVT SECS INC, NYOCSF07522202: 71612005 LONG TERM OPER-PIMCO IS LEHMAN CAT 2 REPO 03.180% 07 /06/2005 7/6/2005 100.0000 0.000 0.00 88.33 0.00 DD 07 /05/05SEC ID: 99437N823BROKER: 7 /6/2005 LEHMAN GOVT SECS INC, NYOCSF07522202: 7 /6/2005 LONG TERM OPER-PIMCO s LEHMAN CAT 2 REPO 03.150% 07/06/2005 7/6/2005 100.0000 -1,000,000.000 -1,000,000.00 1,000,000.00 0.00 DD 07 /05/05SEC ID: 99437N856BROKER: 7 /6/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 7 /6/2005 LIQUID OPER-PIMCO IS LEHMAN CAT 2 REPO 03.150% 07 /06/2005 7/6/2005 100.0000 0.000 0.00 87.50 0.00 DD 07 /05/05SEC ID: 99437N856BROKER: 7 /6/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 71612005 LIQUID OPER-PIMCO Workbench k Actual Settle Date 16 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD · OCSD-CONSOLIDATED · OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price 1 Tran Settle Date Base Price Cost Amount Net Gain/Loss I Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s CS FOB CAT 2 REPO REPO 03.1 IO'Vo 7/7/2005 100.0000 -J ,200,000.000 -1,200,000.00 1,200,000.00 0.00 07 /07 /2005 DD 07 /06/05SEC ID: 7/7/2005 99437Q008BROKER: CREDIT SUISSE, NEW 7/7/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO IS CS FOB CAT 2 REPO REPO 03.110% 7/7/2005 100.0000 0.000 0.00 103.67 0.00 07 /07 /2005 DD 07 /06/05SEC ID: 7/7/2005 99437Q008BROKER: CREDIT SUISSE, NEW 7/7/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO s LEHMAN CAT l REPO REPO 03.110% 7/8/2005 100.0000 -1,000,000.000 -1,000,000.00 1,000,000.00 0.00 07 /08/2005 DD 07 /07 /05SEC ID: 7/8/2005 99437R758BROKER: LEHMAN GOVT SECS 7 /8/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO IS LEHMAN CAT 1 REPO REPO 03.110% 7/8/2005 100.0000 0.000 0.00 86.39 0.00 07 /08/2005 DD 07 /07 /05SEC ID: 7/8/2005 99437R758BROKER: LEHMAN GOVT SECS INC, NYOCSF075 l 1102: LIQUID OPER-PIMCO 7 /8/2005 s CREDIT SUISSE FB REPO 03.100% 7/8/2005 100.0000 -10,500,000.000 -10,500,000.00 10,500,000.00 0.00 07 /08/2005 DD 07 /07 /05SEC ID: 7/8/2005 99437R840BROKER: CREDIT SUISSE, NEW 7/8/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO IS CREDIT SUISSE FB REPO 03.100% 7/8/2005 100.0000 0.000 0.00 904.17 0.00 07 /08/2005 DD 07 /07 /05SEC ID: 7/8/2005 99437R840BROKER: CREDIT SUISSE, NEW 7/8/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO s CS FOB CAT 2 REPO REPO 03.070% 7/11/2005 100.0000 -1,200,000.000 -1,200,000.00 1,200,000.00 0.00 07I11/2005 DD 07 /08/05SEC ID: 7/11/2005 99437T135BROKER: CREDIT SUISSE, NEW 7/11/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO IS CS FOB CAT 2 REPO REPO 03.070% 7/11/2005 100.0000 0.000 0.00 307.00 0.00 07I11/2005 DD 07 /08/0SSEC ID: 7/11/2005 99437T135BROKER: CREDIT SUISSE, NEW 7 /11/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO Workbench ·i Actual Settle Date 17 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s CREDIT SUISSE FB REPO 03.120% 7/12/2005 100.0000 -3,900,000.000 -3, 900,000.00 3,900,000.00 0.00 07/12/2005 DD 07/11/05SEC ID: 7/12/2005 99437V064BROKER: CREDIT SUISSE, NEW 7/12/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO IS CREDIT SUISSE FB REPO 03.120% 7/12/2005 100.0000 0.000 0.00 338.00 0.00 07/12/2005 DD 07/l l/05SEC ID: 7/12/2005 99437V064BROKER: CREDIT SUISSE, NEW 7/12/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO s LEHMAN CAT 1 REPO REPO 03.120% 7/12/2005 100.0000 -2,600,000.000 -2,600,000.00 2,600,000.00 0.00 07I12/2005 DD 07 / l l/05SEC ID: 7/12/2005 99437Vl718ROKER: LEHMAN GOVT SECS INC, NYOCSF07511102: LIQUID OPER-PIMCO 7 / l 2/2005 IS LEHMAN CAT 1 REPO REPO 03.120% 7/12/2005 100.0000 0.000 0.00 225.33 0.00 07I12/2005 DD 07 /11/05SEC ID: 7/12/2005 99437Vl71BROKER: LEHMAN GOVT SECS INC, NYOCSF07511102: LIQUID OPER-PIMCO 7/12/200S s LEHMAN CAT I REPO REPO 03.130% 7/13/2005 100.0000 -2,600,000.000 -2,600,000.00 2,600,000.00 0.00 07/13/2005 DD 07/12/05SEC ID: 7/13/2005 99437W658BROKER: LEHMAN GOVT SECS INC, NYOCSF075 l l 102: LIQUID OPER-PIMCO 7 / l 3/2oo5 s LEHMAN CAT 1 REPO REPO 03.130% 7/13/2005 100.0000 -3, 900,000.000 -3, 900,000.00 3,900,000.00 0.00 07 /13/2005 DD 07/12/05SEC ID: 7/13/2005 99437W658BROKER: LEHMAN GOVT SECS 7/13/2005 INC, NYOCSF07522202: LONG TERM OPER- PIMCO IS LEHMAN CAT 1 REPO REPO 03.130% 7/13/2005 100.0000 0.000 0.00 339.08 0.00 07/13/2005 DD 07/12/05SEC ID: 7/13/2005 99437W6588ROKER: LEHMAN GOVT SECS 7/13/2005 INC, NYOCSF07522202: LONG TERM OPER- PIM CO IS LEHMAN CAT 1 REPO REPO 03.130% 7/13/2005 100.0000 0.000 0.00 226.06 0.00 07/13/2005 DD 07/12/05SEC ID: 7/13/2005 99437W658BROKER: LEHMAN GOVT SECS INC, NYOCSF0751l102: LIQUID OPER-PIMCO 7/13/2oo5 Workbench k Actual Settle Date 18 Transaction Detail Report JD: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s CREDIT SUISSE FB REPO 03.120% 7 /14/2005 100.0000 -3,900,000.000 -3,900,000.00 3,900,000.00 0.00 07I14/2005 DD 07I13/05SEC ID: 7/14/2005 99437Y l 83BROKER: CREDIT SUISSE, NEW 7/14/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO IS CREDIT SUISSE FB REPO 03.120% 7/14/2005 100.0000 0.000 0.00 338.00 0.00 07I14/2005 DD 07I13/05SEC ID: 7/14/2005 99437Yl838ROKER: CREDIT SUISSE, NEW 7/14/2005 YORKOCSF07522202: LONG TERM OPER· PIMCO s LEHMAN CAT 1 REPO REPO 03.130% 7 /14/2005 100.0000 -2,600,000.000 -2,600,000.00 2,600,000.00 0.00 07I14/2005 DD 07I13/05SEC ID: 7/14/2005 99437Y316BROKER: LEHMAN GOVT SECS 7/14/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO IS LEHMAN CAT 1 REPO REPO 03.130% 7/14/2005 100.0000 0.000 0.00 226.06 0.00 07 /14/2005 DD 07/13/0SSEC ID: 7 /14/2005 99437Y316BROKER: LEHMAN GOVT SECS 7/14/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO s CREDIT SUISSE FB REPO 03.170% 7/15/2005 100.0000 -3,900,000.000 -3,900,000.00 3,900,000.00 0.00 07 /15/2005 DD 07I14/05SEC ID: 7 /15/2005 99437Y837BROKER: CREDIT SUISSE, NEW 7/15/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO IS CREDIT SUISSE FB REPO 03.170% 7/15/2005 100.0000 0.000 0.00 343.42 0.00 07 /15/2005 DD 07 /14/05SEC ID: 7/15/2005 99437Y8378ROKER: CREDIT SUISSE, NEW 7/15/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO s LEHMAN CAT 2 REPO 03.190% 07/15/2005 7/15/2005 100.0000 -2,600,000.000 -2,600,000.00 2,600,000.00 0.00 DD 07 f14/05SEC ID: 99437Z966BROKER: 7I15/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 7/15/2005 LIQUID OPER-PIMCO IS LEHMAN CAT 2 REPO 03.190% 07/15/2005 7/15/2005 100.0000 0.000 0.00 230.39 0.00 DD 07I14/05SEC ID: 99437Z966BROKER: 7I15/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 7 /1 5/2005 LIQUID OPER-PIMCO Workbench ·.\Actual Settle Date 19 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s CREDIT SUISSE FB REPO 03.250% 7/18/2005 100.0000 -3,900,000.000 -3, 900,000.00 3,900,000.00 0.00 07/18/2005 DD 07/15/05SEC ID: 7/18/2005 99438A515BROKER: CREDIT SUISSE, NEW 7/18/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO IS CREDIT SUISSE FB REPO 03.250% 7/18/2005 100.0000 0.000 0.00 1,056.25 0.00 07/18/2005 DD 07/15/0SSEC ID: 7/18/2005 99438A5 l 5BROKER: CREDIT SUISSE, NEW 7/18/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO s LEHMAN CAT 2 REPO 03.260% 07/18/2005 7/18/2005 100.0000 -2,600,000.000 -2,600,000.00 2,600,000.00 0.00 DD 07/15/05SEC ID: 99438866IBROKER: 7/18/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 7/18/2005 LIQUID OPER-PIMCO IS LEHMAN CAT 2 REPO 03.260% 07 / 18/2005 7/18/2005 100.0000 0.000 0.00 706.33 0.00 DD 07I15/05SEC ID: 994388661BROKER: 7I18/2005 LEHMAN GOVT SECS INC, NYOCSF0751l102: 7/18/2005 LIQUID OPER-PIMCO s LEHMAN CAT 2 REPO 03.190% 07/19/2005 7/19/2005 100.0000 -2,600,000.000 -2,600,000.00 2,600,000.00 0.00 DD 07I18/05SEC ID: 99438C883BROKER: 7 /19/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 7 /l9/2005 LIQUID OPER-PIMCO IS LEHMAN CAT 2 REPO 03.190% 07/19 /2005 7/19/2005 100.0000 0.000 0.00 230.39 0.00 DD 07I18/0SSEC ID: 99438C883BROKER: 7I19/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 7/19/2005 LIQUID OPER-PIMCO s LEHMAN CAT 1 REPO REPO 03.150% 7/20/2005 100.0000 -2,600,000.000 -2,600,000.00 2,600,000.00 0.00 07 /20/2005 DD 07I19/05SEC ID: 7/20/2005 99438E483BROKER: LEHMAN GOVT SECS INC, NYOCSF0751l102: LIQUID OPER-PIMCO 7 /20/200S IS LEHMAN CAT 1 REPO REPO 03.150% 7/20/2005 100.0000 0.000 0.00 227.50 0.00 07/20/2005 DD 07/19/05SEC ID: 7/20/2005 99438E483BROKER: LEHMAN GOVT SECS INC, NYOCSF075 l l 102: LIQUID OPER-PIMCO 7f20f 2oo5 Workbench ·• Actual Settle Date 20 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s LEHMAN CAT 2 REPO 03.100% 07 /21/2005 7/21/2005 100.0000 -2,600,000.000 -2,600,000.00 2,600,000.00 0.00 DD 07 /20/0SSEC ID: 99438G090BROKER: 7 /21 /2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 7 ;21 /2005 LIQUID OPER-PIMCO IS LEHMAN CAT 2 REPO 03.100'% 07 /21/2005 7/21/2005 100.0000 0.000 0.00 223.89 0.00 DD 07 /20/0SSEC ID: 99438G090BROKER: 7 /21/2005 LEHMAN GOVT SECS INC, NYOCSF07511102:7;21;2005 LIQUID OPER-PIMCO s LEHMAN CAT 2 REPO 03.170% 07 /22/2005 7/22/2005 100.0000 -7,800,000.000 -7,800,000.00 7,800,000.00 0.00 DD 07 /21/05SEC ID: 99438H668BROKER: 7 /22/2005 LEHMAN GOVT SECS INC, NYOCSF0751l102: 7 /22/2005 LIQUID OPER-PIMCO s LEHMAN CAT 2 REPO 03.170% 07 /22/2005 7/22/2005 100.0000 -700,000.000 -700,000.00 700,000.00 0.00 DD 07 /2 l/05SEC ID: 99438H668BROKER: 7 /22/2005 LEHMAN GOVT SECS INC, NYOCSF07522202: 7 /22/2005 LONG TERM OPER-PIMCO IS LEHMAN CAT 2 REPO 03.170% 07 /22/2005 7/22/2005 100.0000 0.000 0.00 61.64 0.00 DD 07 /21/0SSEC ID: 99438H668BROKER: 7 /22/2005 LEHMAN GOVT SECS INC, NYOCSF07522202: 7 /22/2005 LONG TERM OPER-PIMCO IS LEHMAN CAT 2 REPO 03.170% 07 /22/2005 7/22/2005 100.0000 0.000 0.00 686.83 0.00 DD 07 /21 /05SEC ID: 99438H668BROKER: 7 /22/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 7 ;22/2005 LIQUID OPER-PIMCO s LEHMAN CAT 2 REPO 03.190% 07 /25/2005 7/25/2005 100.0000 -7,800,000.000 -7,800,000.00 7,800,000.00 0.00 DD 07 /22/0SSEC ID: 99438Kl 90BROKER: 7 /25/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 7 /25/2005 LIQUID OPER-PIMCO IS LEHMAN CAT 2 REPO 03.190% 07 /25/2005 7/25/2005 100.0000 0.000 0.00 2,073.50 0.00 DD 07 /22/05SEC ID: 99438Kl90BROKER: 7 /25/2005 LEHMAN GOVT SECS INC, NYOCSF07511102:7/2S/2005 LIQUID OPER-PIMCO Workbench * Actual Settle Date 21 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED • OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s LEHMAN CAT 1 REPO REPO 03.190% 7/26/2005 100.0000 -7,800,000.000 -7 ,800,000.00 7,800,000.00 0.00 07 /26/2005 DD 07 /25/05SEC ID: 7/26/2005 99438L677BROKER: LEHMAN GOVT SECS INC, NYOCSF0751l102: LIQUID OPER-PIMCO 7 f 26f 200S IS LEHMAN CAT 1 REPO REPO 03.190% 7/26/2005 100.0000 0.000 0.00 691.17 0.00 07 /26/2005 DD 07 /25/05SEC ID: 7/26/2005 99438L677BROKER: LEHMAN GOVT SECS INC, NYOCSF07511102: LIQUID OPER-PIMCO 7 f 26f 2005 s LEHMAN CAT 1 REPO REPO 03.180% 7/27/2005 100.0000 -7,800,000.000 -7,800,000.00 7,800,000.00 0.00 07 /27 /2005 DD 07 /26/05SEC ID: 7/27/2005 99438N285BROKER: LEHMAN GOVT SECS INC, NYOCSF07511102: LIQUID OPER-PIMCO 7f27f2oo5 IS LEHMAN CAT 1 REPO REPO 03.180% 7/27/2005 100.0000 0.000 0.00 689.00 0.00 07 /27 /2005 DD 07 /26/05SEC ID: 7/27/2005 99438N285BROKER: LEHMAN GOVT SECS INC, NYOCSF07511102: LIQUID OPER-PIMCO 712712oo5 s LEHMAN CAT 1 REPO REPO 03.210% 7/29/2005 100.0000 -7,800,000.000 -7,800,000.00 7,800,000.00 0.00 07 /29/2005 DD 07 /28/0SSEC ID: 7/29/2005 99438R658BROKER: LEHMAN GOVT SECS INC, NYOCSF0751l102: LIQUID OPER-PIMCO 7 f 29f2005 IS LEHMAN CAT 1 REPO REPO 03.210% 7/29/2005 100.0000 0.000 0.00 695.50 0.00 07 /29/2005 DD 07 /28/05SEC ID: 7/29/2005 99438R658BROKER: LEHMAN GOVT SECS INC, NYOCSF07511102: LIQUID OPER-PIMCO 7 f 29f2005 s DREYFUS TREASURY CASH MGMTSEC ID: 7/5/2005 1.0000 -999,646.670 -999,646.67 999,646.67 0.00 9960852470CSF07511102: LIQUID OPER-7/5/2005 PIMCO 7/5/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 7/5/2005 1.0000 -399, 161.830 -399, 16 l.83 399,161.83 0.00 9960852470CSF07522202: LONG TERM 7/5/2005 OPER-PIMCO 7/5/2005 Workbench " Actual Settle Date 22 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s DREYFUS TREASURY CASH MGMTSEC ID: 7/7/2005 1.0000 -100,000.000 -100,000.00 100,000.00 0.00 9960852470CSF07511102: LIQUID OPER-7/7/2005 PIMCO 7/7/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 7/8/2005 1.0000 -240, 193. 770 -240, 193. 77 240,193.77 0.00 9960852470CSF07522202: LONG TERM 7/8/2005 OPER-PIMCO 7/8/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 7/12/2005 1.0000 -164,060.200 -164,060.20 164,060.20 0.00 9960852470CSF0751l102: LIQUID OPER-7/12/2005 PIMCO 7/12/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 7/12/2005 1.0000 -6,471.330 -6,471.33 6,471.33 0.00 99608524 70CSF07522202: LONG TERM 7/12/2005 OPER-PIMCO 7/12/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 7/20/2005 1.0000 -3,842,899.830 -3,842,899.83 3,842,899.83 0.00 99608524 70CSF07522202: LONG TERM 7/20/2005 OPER-PIMCO 7/20/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 7/21/2005 1.0000 -700,000.000 -700,000.00 700,000.00 0.00 99608524 70CSF07522202: LONG TERM 7/21/2005 OPER-PIMCO 7/21/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 7/25/2005 1.0000 -97' 760.250 -97,760.25 97,760.25 0.00 9960852470CSF0751l102: LIQUID OPER-7/25/2005 PIMCO 7/25/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 7/28/2005 1.0000 -7,799,834.280 -7,799,834.28 7,799,834.28 0.00 9960852470CSF07511102: LIQUID OPER-7/28/2005 PIM CO 7/28/2005 ···--------·---· ---- Workbench k Actual Settle Date 23 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s DREYFUS TREASURY CASH MGMTSEC ID: 7/28/2005 1.0000 -1,090,567.890 -1,090,567.89 1,090,567.89 0.00 9960852470CSF07522202: LONG TERM 7/28/2005 OPER-PIMCO 7/28/2005 s BSDT-LATE MONEY DEPOSIT ACCTSEC ID: 7/6/2005 1.0000 -100,774.330 -100,774.33 100,774.33 0.00 9960870940CSF07522202: LONG TERM 7/6/2005 OPER-PIMCO 7/6/2005 s BSDT-LATE MONEY DEPOSIT ACCTSEC ID: 7/26/2005 1.0000 -59,811.260 -59,811.26 59,811.26 0.00 9960870940CSF07522202: LONG TERM 7/26/2005 OPER-PIMCO 7/26/2005 TOTAL CASH & CASH EQUIVALENTS U.S. DOLLAR: -123,601,181.640 -123,494,161.53 123,514,812.10 0.01 TOTAL CASH & CASH EQUIVALENTS BASE: -123,601,181.640 -123,494,161.53 123,514,812.10 0.01 FIXED INCOME SECURITIES U.S. DOLLAR s GOLDMAN SACHS GRP MTN #TROO 194 VAR 7/20/2005 100.2210 -3,500,000.000 -3,507,850.50 3,507. 735.00 -115.50 RT 10/27/2006 DD 10/29/03SEC ID: 7/22/2005 38141EJB68ROKER: WACHOVIA CAPITAL 7/20/2005 MARKETS LLC, CHARLOITEOCSF07522202: LONG TERM OPER-PIMCO IS GOLDMAN SACHS GRP MTN #TROO 194 VAR 7/20/2005 100.2210 0.000 0.00 28,009.72 0.00 RT 10/27 /2006 DD 10/29/03SEC ID: 7/22/2005 38141EJB6BROKER: WACHOVIA CAPITAL 7/20/2005 MARKETS LLC, CHARLOITEOCSF07522202: LONG TERM OPER-PIMCO s GOLDMAN SACHS MTN #TR 00216 VAR RT 7/20/2005 100.0690 -5,500,000.000 -5,500, 196.00 5,503, 795.00 3,599.00 08/01/2006 DD 02/01/05SEC ID: 7/22/2005 38141 EJZ3BROKER: GOLDMAN SACHS & 7/20/2005 CO, NYOCSF07522202: LONG TERM OPER- PIM CO Workbench . .., Actual Settle Date 24 ,., Transaction Detail Report ID: EWBA09 I Reported by Transaction Category I Base Currency: USD I i OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IS GOLDMAN SACHS MTN #TR 00216 VAR RT 7/20/2005 100.0690 0.000 0.00 10,844.17 0.00 08/01/2006 DD 02/0l/05SEC ID: 7/22/2005 38141EJZ3BROKER: GOLDMAN SACHS & 7/20/2005 CO, NYOCSF07522202: LONG TERM OPER- PIMCO s us TREASURY NOTES 4.000°.1<103/15/2010 7/19/2005 99.9375 -20,700,000.000 -20, 765, 970.29 20,687,062.50 -78,907.79 DD 03/ 15/05SEC ID: 912828DP2BROKER: 7/20/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 7/19/2005 LONG TERM OPER-PIMCO IS US TREASURY NOTES 4.000% 03/ 15/2010 7/19/2005 99.9375 0.000 0.00 285,750.00 0.00 DD 03/ 15/05SEC ID: 912828DP2BROKER: 7/20/2005 GOLDMAN SACHS & CO. NYOCSF07522202: 7/19/2005 LONG TERM OPER-PIMCO s UNITED STATES TREASURY NT 3.750% 7/15/2005 99.8516 -31, 100,000.000 -31,115,384.24 31,053,835.94 -61,548.30 03/31/2007 DD 03/31/05SEC ID: 7/18/2005 912828DQOBROKER: CITIGROUP GBL 7/15/2005 MKTS/SALOMON, NEW YORKOCSF07522202: LONG TERM OPER-PIMCO IS UNITED STATES TREASURY NT 3.750% 7/15/2005 99.8516 0.000 0.00 347,325.82 0.00 03/31/2007 DD 03/31/05SEC ID: 7/18/2005 912828DQOBROKER: CITIGROUP GBL 7 / 15/2005 MKTS/SALOMON, NEW YORKOCSF07522202: LONG TERM OPER-PIMCO s UNITED STATES TREASURY NT 3.750% 7/15/2005 99.8391 -3l,100,000.000 -31,068,346.05 31,049,969.74 -18,376.31 03/31/2007 DD 03/31/05SEC ID: 7/20/2005 912828DQOBROKER: CREDIT SUISSE, NEW 7/15/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO IS UNITED STATES TREASURY NT 3.750% 7/15/2005 99.8391 0.000 0.00 353,698.77 0.00 03/31/2007 DD 03/31/05SEC ID: 7/20/2005 912828DQOBROKER: CREDIT SUISSE, NEW 7/15/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO s UNITED STATES TREASURY NT 3.750% 7/19/2005 99.8438 -11,200,000.000 -11,188,600.50 11,182,500.00 -6, 100.50 03/31/2007 DD 03/31/05SEC ID: 7/20/2005 912828DQOBROKER: LEHMAN GOVT SECS 7/19/2005 INC, NYOCSF07522202: LONG TERM OPER- PIM CO Workbench k Actual Settle Date 25 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD·CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IS UNITED STATES TREASURY NT 3.750'Yo 7/19/2005 99.8438 0.000 0.00 127,377.05 0.00 03/31/2007 DD 03/31/05SEC ID: 7/20/2005 912828DQOBROKER: LEHMAN GOVT SECS 7 /19/2005 INC, NYOCSF07522202: LONG TERM OPER- PIMCO s UNITED STATES TREASURY NTS 4.000% 7/28/2005 99.6875 -4,000,000.000 -4,009,682.87 3, 987 ,500.00 -22,182.87 04/15/2010 DD 04/15/05SEC ID: 7/29/2005 912828DR8BROKER: UBS SECURITIES LLC, 7/28/2005 STAMFORDOCSF07522202: LONG TERM OPER-PIMCO IS UNITED STATES TREASURY NTS 4.000% 7/28/2005 99.6875 0.000 0.00 45,901.64 0.00 04/15/2010 DD 04/ 15/05SEC ID: 7/29/2005 912828DR8BROKER: UBS SECURITIES LLC, 7/28/2005 STAMFORDOCSF07522202: LONG TERM OPER-PIMCO s UNITED STATES TREASURY NTS 4.000% 7/28/2005 99.6445 -10,000,000.000 -10,000,326.55 9,964,453.13 -35,873.42 04/15/2010 DD 04/15/05SEC ID: 7/29/2005 912828DR8BROKER: GOLDMAN SACHS & 7/28/2005 CO, NYOCSF07522202: LONG TERM OPER- PIMCO IS UNITED STATES TREASURY NTS 4.000% 7/28/2005 99.6445 0.000 0.00 114,754.10 0.00 04/15/2010 DD 04/15/05SEC ID: 7/29/2005 912828DR8BROKER: GOLDMAN SACHS & 7/28/2005 CO, NYOCSF07522202: LONG TERM OPER- PIMCO s UNITED STATES TREASURY NTS 4.000% 7/29/2005 99.3658 -4,000,000.000 -4,000, 130.62 3,974,630.80 -25,499.82 04/15/2010 DD 04/15/05SEC ID: 8/17/2005 912828DR8BROKER: CREDIT SUISSE, NEW 7/29/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO IS UNITED STATES TREASURY NTS 4.000% 7/29/2005 99.3658 0.000 0.00 54,207.65 0.00 04/ 15/2010 DD 04/ 15/05SEC ID: 8/17/2005 912828DR8BROKER: CREDIT SUISSE, NEW 7/29/2005 YORKOCSF07522202: LONG TERM OPER- PIM CO s US TREASURY NOTES 3.500% 05/31/2007 7/19/2005 99.3750 -11,000,000.000 -10,961,244.41 10,931,250.00 -29,994.41 DD 05/31/0SSEC ID: 912828DW7BROKER: 7 /20/2005 LEHMAN GOVT SECS INC, NYOCSF07522202: 7/19/2005 LONG TERM OPER-PIMCO Workbench ·• Actual Settle Date 26 OCSD-CONSOLIDATED • OCSGOOOlOOOO Transaction Detail Reported by Transaction Category 7/1/2005-7/29/2005 Tran Type Description Trade Date Settle Date Reported Date IS US TREASURY NOTES 3.500% 05/31/2007 7/19/2005 DD 05/31/05SEC ID: 912828DW7BROKER: 7/20/2005 LEHMAN GOVT SECS INC, NYOCSF07 522202: 7 / 19 / 2005 LONG TERM OPER-PIMCO Local Price Base Price Base Ex Rate 99.3750 TOTAL FIXED INCOME SECURITIES U.S. DOLLAR: TOTAL FIXED INCOME SECURITIES BASE: PRINCIPAL PAYMENTS FIXED INCOME SECURITIES U.S. DOLLAR TOTAL SALES BASE: PD WMP/HUNTOON PAIGE #000-11150 7.500% 7/1/2005 12/01/2030 DD 10/21/99SEC ID: 7/1/2005 302998GE30CSF07522202: LONG TERM OPER-PIMCO 7I 112005 7 /28/2005" PDC FHLMC MULTICLASS MTG SER E3 A VAR RT 6/ 1/2005 08/ 15/2032 DD 12/0l/97SEC ID: 6/ 1/2005 3133TCE950CSF07522202: LONG TERM 7 /1/2005 OPER-PIMCO 7/15/2005 * PD FHLMC MULTICLASS MTG SER E3 A VAR RT 6/ 1/2005 08/ 15/2032 DD 12/01/97SEC ID: 6/ 1/2005 3133TCE950CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7I18/2005 * PD FHLMC MULTICLASS MTG SER E3 A VAR RT 7/1/2005 08/ 15/2032 DD 12/01/97SEC ID: 7I1/2005 3133TCE950CSF07522202: LONG TERM 7 / l/2005 OPER-PIMCO ·• Actual Settle Date 100.0000 100.0000 100.0000 100.0000 27 Shares/Par 0.000 -132, 100,000.000 -132,100,000.000 -255,701,181.640 -878.200 14,854.750 -14,856.250 -15,347.750 Cost Base 0.00 -132, 117 t 732.03 -132,117,732.03 -255,611,893.56 -859.13 14,870.58 -14,872.08 -15,364.10 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base Net Gain/Loss Base 52,595.63 0.00 133,263, 196.66 -274,999.92 133,263, 196.66 -274,999.92 256, 778,008. 76 -274,999.91 878.20 19.07 -14,854.75 15.83 14,856.25 -15.83 15,347.75 -16.35 Workbench Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED • OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FHLMC GROUP #78-6064 6.384cYo 7/1/2005 100.0000 -149.790 -146.14 149.79 3.65 01/01/2028 DD 12/01/97SEC ID: 7/1/2005 31348SWZ30CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO PD FNMA POOL #0254510 5.000% 7 /1/2005 100.0000 -11,602.560 -11,950.64 11,602.56 -348.08 11/01/2017 DD 10/01/02SEC ID: 7/1/2005 31371KVB40CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0254631 5.000% 7/1/2005 100.0000 -3,020.830 -3, 111.45 3,020.83 -90.62 02/01/2018 DD 01/0l/03SEC ID: 7/1/2005 31371KY470CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0254760 5.000% 7/1/2005 100.0000 -2,001.090 -2,061.12 2,001.09 -60.03 06/01/2018 DD 05/01/03SEC ID: 7/1/2005 31371K5V90CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0254866 5.000% 7/1/2005 100.0000 -1,013.330 -1,043.73 1,013.33 -30.40 09/01/2018 DD 08/0I/03SEC ID: 7/1/2005 31371LCB30CSF07522202: LONG TERM 7 /1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0254907 5.000% 7/1/2005 100.0000 -6,797.440 -6,797.44 6,797.44 0.00 10/01/2018 DD 09/01/03SEC ID: 7/1/2005 31371LDLOOCSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0254953 5.000% 7/1/2005 100.0000 -4,089.290 -4, 141.68 4,089.29 -52.39 11/01/2018 DD 10/0l/03SEC ID: 7/1/2005 31371LE210CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7/25/2005 * PD FNMA POOL #0254987 5.000% 7/1/2005 100.0000 -14,912.390 -15,103.45 14,912.39 -191.06 12/01/2018 DD l l/01/03SEC ID: 7/1/2005 31371LF460CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * Workbench . .., Actual Settle Date 28 ~ Transaction Detail Report ID: E\VBA09 Reported by Transaction Category Base Currency: USD OCS[).CONSOLIDATED • OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0323980 6.000% 7 /1/2005 100.0000 -3,544.830 -3,701.02 3,544.83 -156.19 04/01/2014 DD 09/01/99SEC ID: 7/1/2005 31374T2MOOCSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0357328 5.000% 7/1/2005 100.0000 -486.560 -501.16 486.56 -14.60 01/01/2018 DD Ol/Ol/03SEC ID: 7/1/2005 31376J4M80CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0357430 5.000% 7/1/2005 100.0000 -17,998.930 -18,201.42 17,998.93 -202.49 09/01/2018 DD 09/01/03SEC ID: 7/1/2005 31376KA7IOCSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0456482 6.000% 7 /1/2005 100.0000 -367.150 -383.33 367.15 -16.18 02/01/2014 DD 02/01/99SEC ID: 7/1/2005 31381CCT20CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0509649 6.000% 7/1/2005 100.0000 -837.430 -874.33 837.43 -36.90 09/01/2014 DD 09/0l/99SEC ID: 7/1/2005 31383QEWOOCSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 .. PD FNMA POOL #0535451 6.000% 7/1/2005 100.0000 -2,456.680 -2,564.93 2,456.68 -108.25 06/01/2015 DD 07 /01/00SEC ID: 7/1/2005 31384VZQ80CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0555363 5.000% 7/1/2005 100.0000 -5,292.080 -5,450.84 5,292.08 -158.76 04/01/2018 DD 03/01/03SEC ID: 7/1/2005 31385W5YIOCSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0555453 5.000% 7/1/2005 100.0000 -448.640 -454.39 448.64 -5.75 05/01/2018 DD 04/01/03SEC ID: 7/1/2005 31385XBW60CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * -··------~~- Workbenc11 'k Actual Settle Date 29 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0555545 5.000'Yo 7/1/2005 100.0000 -4,698.040 -4,838.98 4,698.04 -140.94 06/01/2018 DD 05/01/03SEC ID: 7/1/2005 31385XES20CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0555621 5.000% 7/1/2005 100.0000 -18,811.240 -19,022.87 18,811.24 -211.63 07/01/2018 DD 06/01/03SEC ID: 7/1/2005 3 l 385XG680CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0681309 5.000% 7/1/2005 100.0000 -7,620.640 -7,849.26 7,620.64 -228.62 02/01/2018 DD 02/01/03SEC ID: 7/1/2005 31391Y3S40CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0681334 5.000% 7 /1/2005 100.0000 -826.810 -851.61 826.81 -24.80 02/01/2018 DD Ol/Ol/03SEC ID: 7/1/2005 31391Y4T10CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0684798 5.500% 7/1/2005 100.0000 -16,176.150 -16,162.25 16, 176.15 13.90 03/01/2033 DD 03/01/03SEC ID: 7/1/2005 31400DX310CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0684908 5.000% 7/1/2005 100.0000 -1,606.540 -1,627.12 1,606.54 -20.58 06/01/2018 DD 05/01/03SEC ID: 7/1/2005 31400D3R10CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0685200 5.000% 7/1/2005 100.0000 -2,353.100 -2,383.25 2,353.10 -30.15 03/01/2018 DD 03/01/03SEC ID: 7/1/2005 31400EGH70CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0685665 5.000% 7/1/2005 100.0000 -667.740 -687.77 667.74 -20.03 02/01/2018 DD 02/01/03SEC ID: 7/1/2005 31400EW220CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * Workbench • Actual Settle Date 30 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD I OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #06863 J 8 5.ooorvo 7/1/2005 100.0000 -5,166.460 -5,321.45 5,166.46 -154.99 03/01/2018 DD 03/01/03SEC ID: 7/1/2005 31400FPB70CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0688739 5.000% 7/1/2005 100.0000 -487.170 -501.79 487.17 -14.62 06/01/2018 DD 06/01/03SEC ID: 7/1/2005 31400JEL90CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0689859 5.000% 7/1/2005 100.0000 -405.640 -410.84 405.64 -5.20 05/01/2018 DD 05/0l/03SEC ID: 7/1/2005 31400KMG80CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0693834 5.000% 7/1/2005 100.0000 -11,492.520 -11,837.30 11,492.52 -344.78 03/01/2018 DD 03/01/03SEC ID: 7/1/2005 31400PY740CSF07522202: LONG TERM 7 /1/2005 OPER-PIMCO 7 /25/2005" PD FNMA POOL #0695852 5.000% 7/1/2005 100.0000 -4,814.170 -4,958.60 4,814.17 -144.43 05/01/2018 DD 05/01/03SEC ID: 7/1/2005 31400SBVOOCSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0695889 5.000% 7/1/2005 100.0000 -5,521.280 -5,686.92 5,521.28 -165.64 05/01/2018 DD 05/0l/03SEC ID: 7/1/2005 31400SC230CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0697026 5.000% 7/1/2005 100.0000 -601.640 -619.69 601.64 -18.05 05/01/2018 DD 04/01/03SEC ID: 7/1/2005 31400TLF20CSF07522202: LONG TERM 7/1/2005 OPER-PlMCO 7 /25/2005 * PD FNMA POOL #0702210 5.000% 7/1/2005 100.0000 -8,523.760 -8,779.47 8,523.76 -255.71 05/01/2018 DD 05/01/0JSEC ID: 7/1/2005 31401ADP90CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * ·--~----- Workbench .,, Actual Settle Date 31 Transaction Detail Report ID: EWBA09 I Reported by Transaction Category Base Currency: USD I OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0702328 5.000% 7/1/2005 100.0000 -2,726.120 -2,761.05 2,726.12 -34.93 05/01/2018 DD 04/01/03SEC ID: 7/1/2005 31401AHD20CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0709148 5.000% 7/1/2005 100.0000 -2,412.490 -2,484.86 2,412.49 -72.37 06/01/2018 DD 06/01/03SEC ID: 7/1/2005 31401HZM70CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0709360 5.000% 7/1/2005 100.0000 -9,833.850 -9,959.85 9,833.85 -126.00 07/01/2018 DD 06/01/03SEC ID: 7/1/2005 31401JB560CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005,, PD FNMA POOL #0709826 5.000% 7/1/2005 100.0000 -1,443.790 -1,462.29 1,443.79 -18.50 06/01/2018 DD 06/0l/03SEC ID: 7/1/2005 31401JSP40CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0709917 5.000% 7/1/2005 100.0000 -4,812.060 -4,873.71 4,812.06 -61.65 06/01/2018 DD 06/01/03SEC ID: 7 /1/2005 31401JVJ40CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0709963 5.000% 7/1/2005 100.0000 -78.810 -79.82 78.81 -1.01 06/01/2018 DD 06/01/03SEC ID: 7/1/2005 31401JWYOOCSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0710235 5.000% 7/1/2005 100.0000 -13,881.820 -14,298.28 13,881.82 -416.46 06/01/2018 DD 06/01/03SEC ID: 7/1/2005 31401KBC80CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0713344 5.000% 7/1/2005 100.0000 -63.910 -65.83 63.91 -1.92 06/01/2018 DD 06/01/03SEC ID: 7/1/2005 31401NP520CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * ----- Workbench ·• Actual Settle Date 32 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD I OCSD·CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0713365 5.000% 7/1/2005 100.0000 -12,113.620 -12,268.83 12, 113.62 · 155.21 07 /01/2018 DD 07 /01/03SEC ID: 7/1/2005 31401NQS1 OCSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0720319 5.000% 7/1/2005 100.0000 -16,388.860 -16,598.84 16,388.86 -209.98 07/01/2018 DD 07/01/03SEC ID: 7 /1/2005 31401 WG450CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0720369 5.000% 7/1/2005 100.0000 -10,882.120 -11,208.58 10,882.12 -326.46 06/01/2018 DD 06/01/03SEC ID: 7/1/2005 31401WJNOOCSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0721629 5.000% 7/1/2005 100.0000 -2,508.770 -2,584.03 2,508.77 -75.26 07 /01/2018 DD 06/01/03SEC ID: 7/1/2005 31401XVW40CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0723487 5.000% 7/1/2005 100.0000 -1,003.950 -1,015.24 1,003.95 -11.29 06/01/2018 DD 06/01/03SEC ID: 7 /1/2005 31402AXQ40CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0725530 5.000% 7/1/2005 100.0000 -44, 194. 970 -44,795.75 44,194.97 -600.78 06/01/2019 DD 05/01/04SEC ID: 7/1/2005 31402DA 750CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0729601 5.000% 7 /1/2005 100.0000 -9,809.490 -9,935.17 9,809.49 -125.68 07/01/2018 DD 07/01/03SEC ID: 7/1/2005 31402HRW30CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0732873 5.000% 7/1/2005 100.0000 -1,430.300 -1,448.62 1,430.30 -18.32 11/01/2018 DD 10/01/03SEC ID: 7/1/2005 31402MFN50CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * -- Workbench * Actual Settle Date 33 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED • OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0735227 5.500% 7/1/2005 100.0000 -18,026.430 -18, 178.53 18,026.43 -152.10 02/01/2035 DD Ol/Ol/05SEC ID: 7/1/2005 31402QYY10CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0737130 5.000% 7/1/2005 100.0000 -2,828.510 -2,864.75 2,828.51 -36.24 10/01/2018 DD 10/01/03SEC ID: 7/1/2005 31402S4P90CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0738211 5.000% 7/1/2005 100.0000 -5.720.470 -5,793.76 5,720.47 -73.29 10/01/2018 DD 10/01/03SEC ID: 7/1/2005 31402UDQ20CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0738487 5.000% 7/1/2005 100.0000 -1,804.090 -1,827.20 1,804.09 -23.11 10/01/2018 DD 10/0l/03SEC ID: 7/1/2005 31402UNC20CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0740457 5.000% 7/1/2005 100.0000 -46,447.030 -47,078.42 46,447.03 -631.39 10/01/2018 DD 10/01/03SEC ID: 7/1/2005 31402WTN80CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0740471 5.000% 7/1/2005 100.0000 -3,019.830 -3,058.52 3,019.83 -38.69 10/01/2018 DD 10/01/03SEC ID: 7 /1/2005 31402WT400CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0740748 5.000% 7/1/2005 100.0000 -14,453.990 -14,639.18 14,453.99 -185.19 10/01/2018 DD 11/01/03SEC ID: 7/1/2005 31402W5H70CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0743868 5.000% 7/1/2005 100.0000 -1,010.000 -1,022.94 1,010.00 -12.94 11/01/2018 DD 10/01/03SEC ID: 7/1/2005 31403BMR10CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * Workbench -~ Actual Settle Date 34 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0744008 5.000% 7/1/2005 100.0000 -4,408.030 -4,464.51 4,408.03 -56.48 07 /01/2018 DD 09/01/03SEC ID: 7/1/2005 314038R540CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0744316 5.000% 7/1/2005 100.0000 -1,304.580 -1,321.30 1,304.58 -16. 72 09/01/2018 DD 09/01/03SEC ID: 7/1/2005 3140383Z40CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0747914 5.000% 7/1/2005 100.0000 -3,235.800 -3,277.26 3,235.80 -41.46 11/01/2018 DD ll/01/03SEC ID: 7/1/2005 31403F3XOOCSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0748400 5.000% 7/1/2005 100.0000 -1,666.600 -1,687.95 1,666.60 -21.35 08/01/2018 DD 09/01/03SEC ID: 7/1/2005 31403GNR90CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0748899 5.000% 7/1/2005 100.0000 -19,224.140 -19,470.45 19,224.14 -246.31 12/01/2018 DD 11/0l/03SEC ID: 7/1/2005 31403G 7LOOCSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0750377 5.000% 7/1/2005 100.0000 -27 ,638. 960 -27,993.08 27,638.96 -354.12 11/01/2018 DD l 1/01/03SEC ID: 7/1/2005 31403JUA20CSF07522202: LONG TERM 7 /1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0750380 5.000°1.) 7/1/2005 100.0000 -31,552.960 -31,957.23 31,552.96 -404.27 11/01/2018 DD 11/01/03SEC ID: 7/1/2005 31403JUD60CSF07522202: LONG TERM 7/1/2005 OPER-PlMCO 7 /25/2005 * PD FNMA POOL #0750445 5.000% 7/1/2005 100.0000 -627.530 -635.57 627.53 -8.04 11/01/2018 DD 11/0l/03SEC ID: 7 /1/2005 3 l 403JWE20CSF07522202: LONG TERM 7 /1/2005 OPER-PIMCO 7 /25/2005 * Workbench * Actual Settle Date 35 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0751960 5.000% 7/1/2005 100.0000 -8,153.080 -8,257.54 8,153.08 -104.46 12/01/2018 DD l l/01/03SEC ID: 7/1/2005 31403LMHIOCSF07522202: LONG TERM 7 /1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0753425 5.000% 7/1/2005 100.0000 -16,689.040 -16,882.01 16,689.04 -192.97 11/01/2018DDl1/01/03SEC ID: 7/1/2005 31403NA230CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0755165 5.000% 7/1/2005 100.0000 -34,150.870 -34,588.43 34,150.87 -437.56 12/01/2018 DD 11/0l/03SEC ID: 7/1/2005 31403Q6A30CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0756372 5.000% 7/1/2005 100.0000 -3,897.720 -3,942.79 3,897.72 -45.07 11/01/2018 DD 11/01/03SEC ID: 7/1/2005 31403SJR80CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0784251 5.000% 7/1/2005 100.0000 -14,383.200 -14,578.72 14,383.20 -195.52 11/01/2019 DD 11/01/04SEC ID: 7/1/2005 31405BH460CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0789670 5.000% 7 /1/2005 100.0000 -3,703.720 -3,754.07 3,703.72 -50.35 12/01/2019 DD 12/01/04SEC ID: 7/1/2005 3 l 405HJP40CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0792432 5.000% 7/1/2005 100.0000 -11,660.930 -11,819.45 11,660.93 -158.52 10/01/2019 DD 10/01/04SEC ID: 7/1/2005 31405LLM90CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0792437 5.000% 7/1/2005 100.0000 -35, 165.440 -35,165.44 35,165.44 0.00 10/01/2019 DD 10/01/04SEC ID: 7/1/2005 31405LLS60CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * Workbench ·~ Actual Settle Date 36 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD ~ OCSD·CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0794195 5.000% 7/1/2005 100.0000 -4,073.880 -4,129.26 4,073.88 -55.38 11/01/2019 DD 11/01/04SEC ID: 7/1/2005 31405NKG90CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0797160 5.000% 7/1/2005 100.0000 -12 ,838.460 -13,012.98 12,838.46 -174.52 12/01/2019 DD 12/01 /04SEC ID: 7/1/2005 31405RTR70CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0797408 5.000% 7/1/2005 100.0000 -3,300.880 -3,345.75 3,300.88 -44.87 12/01/2019 DD 12/01/04SEC ID: 7/1/2005 31405R3RSOCSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0797414 5.000% 7/1/2005 100.0000 -5,004.920 -5,072.96 5,004.92 -68.04 12/01/2019 DD 12/0l/04SEC ID: 7/1/2005 31405R3X20CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0800370 5.000% 7/1/2005 100.0000 -4,696.450 -4,691.31 4,696.45 5.14 12/01/2019 DD 11/01/04SEC ID: 7/1/2005 31405VFK80CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 .. PD FNMA POOL #0800998 5.500% 7/1/2005 100.0000 -404.810 -404.46 404.81 0.35 11/01/2034 DD 1 l/01/04SEC ID: 7/1/2005 31405V3F20CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0803923 5.000% 7 /1/2005 100.0000 -12,075.310 -12,239.46 12,075.31 -164.15 12/01/2019 DD 12/01/04SEC ID: 7/1/2005 31406AD410CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0807711 5.000% 7/1/2005 100.0000 -12,416.720 -12,585.51 12,416.72 -168.79 01/01/2020 DD 01/01/05SEC ID: 7/1/2005 31406EKY90CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * -----~---~----- Workbencl1 ·*Actual Settle Date 37 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0808933 5.500'Yo 7/1/2005 100.0000 -348.430 -348.13 348.43 0.30 01/01/2035 DD Ol/01/05SEC ID: 7/1/2005 31406FV240CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0809350 5.500% 7/1/2005 100.0000 -5,334.790 -5,330.21 5,334.79 4.58 12/01/2034 DD 01/01/05SEC ID: 7/1/2005 31406GEX30CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0814930 5.500% 7/1/2005 100.0000 -3,814.570 -3,811.29 3,814.57 3.28 04/01/2035 DD 04/01/05SEC ID: 7/1/2005 31406NLK80CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0815923 5.500% 7/1/2005 100.0000 -378.630 -378.30 378.63 0.33 03/01/2035 DD 03/01/05SEC ID: 7/1/2005 31406PPG80CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0816246 5.000% 7/1/2005 100.0000 -7,384.920 -7,376.84 7,384.92 8.08 03/01/2020 DD 03/01/05SEC ID: 7/1/2005 31406PZK80CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0819566 5.500% 7/1/2005 100.0000 -3,532.260 -3,529.22 3,532.26 3.04 04/01/2035 DD 04/01/05SEC ID: 7/1/2005 31406TQT10CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0822731 5.500% 7/1/2005 100.0000 -340.360 -340.07 340.36 0.29 05/01/2035 DD 05/0l/05SEC ID: 7/1/2005 3 l 406XA850CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD FNMA POOL #0823232 5.500°/ii 7 /1/2005 100.0000 -502.030 -501.60 502.03 0.43 06/01/2035 DD 05/01/05SEC ID: 7/1/2005 31406XSV50CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * --- Workbench * Actual Settle Date 38 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0823787 5.000% 7/1/2005 100.0000 -19,114.950 -19,094.04 19,114.95 20.91 05/01/2020 DD 05/01/05SEC ID: 7/1/2005 31406YF470CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /25/2005 * PD GNMA POOL #0421389 6.500% 7/1/2005 100.0000 -241.160 -253.10 241.16 -11.94 04/ 15/2026 DD 04/0l/96SEC ID: 7/1/2005 36206UC230CSF07522202: LONG TERM 7/1/2005 OPER-PlMCO 7/15/2005* PD GNMA POOL #0449851 6.500% 7/1/2005 100.0000 -19.940 -20.93 19.94 -0.99 01/15/2028 DD Ol/Ol/98SEC ID: 7/1/2005 36208FWLOOCSF07522202: LONG TERM 7/1/2005 OPER-PlMCO 7 /15/2005 * PD GNMA POOL #0466845 6.500% 7 /1/2005 100.0000 -48.880 -51.30 48.88 -2.42 06/ 15/2028 DD 06/01 /98SEC ID: 7I1/2005 362098TA60CSF07522202: LONG TERM 7/1/2005 OPER-PlMCO 7I15/2005 * PD GNMA POOL #0468052 6.500% 7 /1/2005 100.0000 -223.280 -234.34 223.28 -11.06 07 /15/2028 DD 07 /01/98SEC ID: 7 /1/2005 36209C5M40CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7I15/2005 * PD GNMA POOL #0476041 6.500% 7/1/2005 100.0000 -201.260 -210.91 201.26 -9.65 06/ 15/2028 DD 06/01/98SEC ID: 7/1/2005 36209MZE70CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7I15/2005 * PD GNMA POOL #0478626 6.500% 7/1/2005 100.0000 -187.030 -196.00 187.03 -8.97 01/ 15/2029 DD 01/01/99SEC ID: 7/1/2005 36209QVT90CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7/15/2005 * PD GNMA POOL #0480598 6.500% 7 /1/2005 100.0000 -40.630 -42.58 40.63 -1.95 10/ 15/2028 DD 10/01/98SEC ID: 7/1/2005 36209S3F60CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7/15/2005 * ---~--------- Workbencll k Actual Settle Date 39 Transaction Detail Report ID: EWBA09 I OCSD-CONSOUDATED. OCSGOOOlOOOO Reported by Transaction Category Base Currency: USD 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD GNMA POOL #0512235 6.500% 7/1/2005 100.0000 -2,490.790 -2,614.16 2,490.79 -123.37 11/ 15/2029 DD l 1/01/99SEC ID: 7 /1/2005 3621 IGBC60CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7I15/2005 * PD GNMA POOL #0514326 6.500% 7/1/2005 100.0000 -244.240 -255.96 244.24 -11.72 07/15/2029 DD 07/01/99SEC ID: 7 /1/2005 36211JLF20CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7I1 s/2005 * PD GNMA II POOL #0080023 VAR RT 12/20/20267/1/2005 100.0000 -3.213.400 -3,266.62 3,213.40 -53.22 DD 12/01/96SEC ID: 7/1/2005 36225CAZ90CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /20/2005 * PD GNMA II POOL #080088M 7.375% 7/1/2005 100.0000 -400.870 -409.64 400.87 -8.77 06/20/2027 DD 06/01/97SEC ID: 7/1/2005 36225CC200CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /20/2005 * PD GNMA II POOL #0080395 VAR RT 7/1/2005 100.0000 -5,255.430 -5,207.80 5,255.43 47.63 04/20/2030 DD 04/01/00SEC ID: 7/1/2005 36225CNM40CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /20/2005 * PD GNMA II POOL #080408X VAR RT 7/1/2005 100.0000 -57, 146.830 -56,566.43 57,146.83 580.40 05/20/2030 DD 05/01 /OOSEC ID: 7/1/2005 36225CN280CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /20/2005 * PD GNMA II POOL #0080965 VAR RT 7/1/2005 100.0000 -42,531.600 -42,505.02 42,531.60 26.58 07 /20/2034 DD 07 /01/04SEC ID: 7 /1/2005 36225DCB80CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7 /20/2005 * PD GNMA GTD REMIC TR 2000-9 FH VAR RT 7/16/2005 100.0000 -10,239.390 -10,239.39 10,239.39 0.00 02/ 16/2030SEC ID: 7/16/2005 3837H4NX90CSF07522202: LONG TERM 7/16/2005 OPER-PIMCO 7/18/2005 * Workbench • Actual Settle Date 40 OCSD-CONSOLIDATED -OCSGOOOlOOOO Transaction Detail Reported by Transaction Category 7/1/2005-7/29/2005 Tran Type Description Trade Date Settle Date Reported Date Local Price Base Price Base Ex Rate PD PD PD PD PD PD RESIDENTIAL ASSET 03-RSl l AllB VAR RT 12/25/2033 DD 12/30/03SEC ID: 760985K830CSF07522202: LONG TERM OPER-PIMCO 7/25/2005 7/25/2005 7/25/2005 US TREASURY INFLATION INDEX NT 3.375% 7/15/2005 01/15/2007 DD Olj15/97SEC ID: 7/15/2005 9128272M30CSFOt522202: LONG TERM 7/15/2005 OPER-PIMCO 7129 /2005 * US TREASURY INFLATION INDEX NT 3.625% 7/15/2005 01/ 15/2008 DD 01/ 15/98SEC ID: 7I15/2005 9128273T70CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7 /lCJ/2005 * US TREASURY INFLATION INDEX NT 3.875% 7 / 15/2005 01/15/2009 DD Ol/15/99SEC ID: 7/15/2005 9128274Y50CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7 /29/2005 * US TREASURY INFLATION INDEXED 2.000'Yo 7 /15/2005 01/15/2014 DD 01/15/04SEC ID: 7/15/2005 912828BW90CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7 /29/2005 * 2.000% 1/15/2005 US TREASURY INFLATION INDEX NT 07/15/2014 DD 07/15/04SEC ID: 912828CP30CSF07522202: LONG TERM OPER-PIMCO 7/15/2005 7/15/2005 7 /29/2005 * TOTAL FIXED INCOME SECURITIES U.S. DOLLAR: TOTAL FIXED INCOME SECURITIES BASE: TOTAL PRINCIPAL PAYMENTS BASE: ·~Actual Settle Date 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 41 Shares/Par -32,419.290 -6,568.300 -1,953.000 -8,645.000 -81.000 -2,480.000 -895.570.940 -895.570.940 -895,570.940 Cost Base -32,419.29 -5,841.06 -2,119.31 -9,550.83 -82.70 -2,548.16 -905.177.74 -905,177.74 -905,177.74 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base Net Gain/Loss Base 32,419.29 0.00 6,568.30 727.24 1,953.00 -166.31 8,645.00 -905.83 81.00 -1.70 2,480.00 -68.16 895,570.94 -9.606.80 895.570.94 -9,606.80 895.570.94 -9,606.80 Workbench Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base MATURITIES CASH & CASH EQUIVALENTS U.S. DOLLAR MT FEDERAL HOME LN BK CONS DISC MAT 7/7/2005 100.0000 -900,000.000 -899,921.25 899,921.25 0.00 7/7/2005SECID:313385HV10CSF07511102:717;2005 LIQUID OPER-PIMCO 7 /7 /2005 MT FEDERAL HOME LN BK CONS DISC MAT 7/7/2005 100.0000 ·9,300,000.000 -9,299, 186.25 9,299, 186.25 0.00 7/7/2005SECID:313385HV10CSF07522202:7/7/2005 LONG TERM OPER-PIMCO 7 /7 /2005 MT FEDERAL HOME LN BK CONS DISC N 7 /11/2005 100.0000 -1,000,000.000 -999,741.67 999,741.67 0.00 MATURES 07 / l l /2005SEC ID: 7 /l l /2005 313385HZ20CSF0751l102: LIQUID OPER-7/11/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC N 7/11/2005 100.0000 -2, 900,000.000 -2,899,250.83 2,899,250.83 0.00 MATURES 07/1 l/2005SEC ID: 7 /11/2005 313385HZ20CSF07522202: LONG TERM 7 /11/2005 OPER-PIMCO MT FEDERAL HOME LN BK CONS DISC N MAT 7/22/2005 100.0000 -5,500,000.000 -5,480,827. 75 5,480,827.75 0.00 07 /22/2005SEC ID: 7/22/2005 313385JL10CSF0751l102: LIQUID OPER-7/22/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC N MAT 7/25/2005 100.0000 -800,000.000 -799, 792.67 799,792.67 0.00 07 /25/2005SEC ID: 7/25/2005 313385JP20CSF0751l102: LIQUID OPER-7/25/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC N MAT 7/26/2005 100.0000 -1,900,000.000 -1,899,833. 75 1,899,833. 75 0.00 07 /26/2005SEC ID: 7/26/2005 313385JQOOCSF0751l102: LIQUID OPER-7/26/2005 PIMCO Workbench ·Jr Actual Settle Date 42 Transaction Detail Report ID: EWBA09 I OCSD-CONSOLIDATED. OCSGOOOlOOOO Reported by Transaction Category Base Currency: USD 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base MT FEDERAL HOME LN BK CONS DISC MAT 7/27/2005 100.0000 -1,900,000.000 -1,899,833. 75 1,899,833. 75 0.00 07 /27 /2005SEC ID: 7/27/2005 313385JR80CSF07511102: LIQUID OPER-7/27/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC N MAT 7/28/2005 100.0000 -1,900,000.000 -1,899,834.28 1,899,834.28 0.00 07 /28/2005SEC ID: 7/28/2005 313385JS60CSF0751l102: LIQUID OPER-7/28/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC MAT 7/29/2005 100.0000 -1, 900,000.000 -1,899,834.28 1,899,834.28 0.00 07 /29/2005SEC ID: 7/29/2005 313385JT40CSF07511102: LIQUID OPER-7/29/2005 PIMCO MT FEDERAL HOME LN MTG CORP DISC MAT 7/22/2005 100.0000 -100,000.000 -99,991.47 99,991.47 0.00 07 /22/2005SEC ID: 7/22/2005 313397JL60CSF0751l102: LIQUID OPER-7/22/2005 PIMCO MT FEDERAL NATL MTG ASSN DISCOUNT MAT 7/6/2005 100.0000 -9,400,000.000 -9,399, 161.83 9,399,161.83 0.00 07 /06/2005SEC ID: 7/6/2005 313589HUOOCSF07522202: LONG TERM 7/6/2005 OPER-PIMCO MT GENERAL ELEC CAP DISC 07/11 /2005SEC 7/11/2005 100.0000 -1,800,000.000 -1, 786,320.00 1,786,320.00 0.00 ID: 36959HUBIOCSF07511102: LIQUID 7/11/2005 OPER-PIMCO 7/11/2005 MT GENERAL ELEC CAP DISC 07 /25/2005SEC 7/25/2005 100.0000 -1,000,000.000 -992,275.00 992,275.00 0.00 ID: 36959HUR60CSF07511 l 02: LIQUID 7/25/2005 OPER-PIMCO 7/25/2005 MT UBS AG STAMFORD BRH INSTL C/D VAR RT 7/5/2005 100.0000 -10,000,000.000 -9,995,500.00 10,000,000.00 4,500.00 07 /05/2005 DD 07 /02/04SEC ID: 7/5/2005 90261GE470CSF07522202: LONG TERM 7/5/2005 OPER-PIMCO Workbench k Actual Settle Date 43 1 OCSD-CONSOLIDATED -OCSG00010000 Transaction Detail Reported by Transaction Category 7/1/2005-7/29/2005 Tran Trade Date Settle Date Reported Date Type Description MT US TREASURY BILL DUE 07 /21/2005 DD O 1 /20/2005SEC ID: 912795VH 1OCSF07511102: LIQUID OPER- PIMCO 7/21/2005 7/21/2005 7/21/2005 Local Price Base Price Base Ex Rate 100.0000 TOTAL CASH & CASH EQUIVALENTS U.S. DOLLAR: TOTAL CASH & CASH EQUIVALENTS BASE: TOTAL MATURITIES BASE: INTEREST CASH & CASH EQUIVALENTS U.S. DOLLAR IT IT IT IT FEDERAL HOME LN BK CONS DISC MAT 7 /7 /2005 7/7/2005SECID:313385HV10CSF07511102:71112005 LIQUID OPER-PIMCO 7 /7 /2005 FEDERAL HOME LN BK CONS DISC MAT 7/7/2005 7/7/2005SECID:313385HVIOCSF07522202:7/7/2005 LONG TERM OPER-PIMCO 7 /7 /2005 FEDERAL HOME LN BK CONS DISC N MATURES 07 / ll/2005SEC ID: 313385HZ20CSF0751l102: LIQUID OPER- PIMCO FEDERAL HOME LN BK CONS DISC N MATURES 07/11 /2005SEC ID: 313385HZ20CSF07522202: LONG TERM OPER-PIMCO 1/11/2005 7/11/2005 7/11/2005 7/ 11/2005 7I1112oos 7/11/2005 k Actual Settle Date 44 Shares/Par -7 ,000,000.000 -57,300,000.000 -57 ,300,000.000 -57 ,300,000.000 900,000.000 9,300,000.000 1,000,000.000 2, 900,000.000 Cost Base -6,923,014.00 -57,174,318.78 -57,174,318.78 -57,174,318.78 78.75 813.75 258.33 749.17 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base 6,923,014.00 57,178,818.78 57,178,818.78 57,178,818.78 78.75 813.75 258.33 749.17 Net Gain/Loss Base 0.00 4,500.00 4,500.00 4,500.00 0.00 0.00 0.00 0.00 Workbench Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FEDERAL HOME LN BK CONS DISC N MAT 7/22/2005 5,500,000.000 19,172.25 19,172.25 0.00 07 /22/2005SEC ID: 7/22/2005 313385JL10CSF0751l102: LIQUID OPER-7/22/2005 PIMCO IT FEDERAL HOME LN BK CONS DISC N MAT 7/25/2005 800,000.000 207.33 207.33 0.00 07 /25/2005SEC ID: 7/25/2005 313385JP20CSF07511102: LIQUID OPER-7/25/2005 PIMCO IT FEDERAL HOME LN BK CONS DISC N MAT 7/26/2005 1, 900,000.000 166.25 166.25 0.00 07 /26/2005SEC ID: 7/26/2005 313385JQOOCSF0751l102: LIQUID OPER-7/26/2005 PIMCO IT FEDERAL HOME LN BK CONS DISC MAT 7/27/2005 1,900,000.000 166.25 166.25 0.00 07 /27 /2005SEC ID: 7/27/2005 313385JR80CSF0751l102: LIQUID OPER-7/27/2005 PIMCO IT FEDERAL HOME LN BK CONS DISC N MAT 7/28/2005 1,900,000.000 165.72 165.72 0.00 07 /28/2005SEC ID: 7/28/2005 313385JS60CSF0751l102: LIQUID OPER-7/28/2005 PIM CO IT FEDERAL HOME LN BK CONS DISC MAT 7/29/2005 1, 900,000.000 165.72 165.72 0.00 07 /29/2005SEC ID: 7/29/2005 313385JT40CSF07511102: LIQUID OPER-7/29/2005 PIMCO IT FEDERAL HOME LN MTG CORP DISC MAT 7/22/2005 100,000.000 8.53 8.53 0.00 07 /22/2005SEC ID: 7/22/2005 313397JL60CSF0751l102: LIQUID OPER-7/22/2005 PIMCO IT FEDERAL NATL MTG ASSN DISCOUNT MAT 7/6/2005 9,400,000.000 838.17 838.17 0.00 07 /06/2005SEC ID: 7/6/2005 313589HUOOCSF07522202: LONG TERM 7/6/2005 OPER-PIMCO ~------------- Workbench ·• Actual Settle Date 45 I Transaction Detail Report ID: EWBA09 I Reported by Transaction Category I Base Currency: USD I 1 OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT GENERAL ELEC CAP DISC 07 /I l/2005SEC 7/1112005 1,800,000.000 13,680.00 13,680.00 0.00 ID: 36959HUBIOCSF07511102: LIQUID 7/11/2005 OPER-PIMCO 7/11/2005 IT GENERAL ELEC CAP DISC 07 /25/2005SEC 7/25/2005 1,000,000.000 7,725.00 7,725.00 0.00 ID: 36959HUR60CSF07511102: LIQUID 7/25/2005 OPER-PIMCO 7/25/2005 IT UBS AG STAMFORD BRH INSTL C/D VAR RT 7/5/2005 I 0,000,000.000 77,433.33 77,433.33 0.00 07 /05/2005 DD 07 /02/04SEC ID: 7/5/2005 90261GE470CSF07522202: LONG TERM 7/5/2005 OPER-PIMCO IT U S TREASURY BILL DUE 07 /21 /2005 DD 7/21/2005 7,000,000.000 76,986.00 76,986.00 0.00 Ol/20/2005SEC ID: 7/21/2005 912795VH 10CSF0751l102: LIQUID OPER-7/21/2005 PIMCO CD SHORT TERM FDS INT ADJ NET OF 7/29/2005 0.000 11.81 11.81 0.00 OVERNIGHTINTERESTSECID: 7/29/2005 990000PJ40CSF07522202: LONG TERM 7/29/2005 OPER-PIMCO cw SHORT TERM FDS INT ADJ NET OF 7/29/2005 0.000 -540.00 -540.00 0.00 OVERNIGHT INTERESTSEC ID: 7/29/2005 990000PJ40CSF075 l l 102: LIQUID OPER-7/29/2005 PIM CO IT DREYFUS TREASURY CASH MGMTSEC ID: 7/6/2005 0.000 3,529.65 3,529.65 0.00 9960852470CSF0751l102: LIQUID OPER-7/1/2005 PIM CO 7/6/2005 7 /6/2005 * IT DREYFUS TREASURY CASH MGMTSEC ID: 7/6/2005 0.000 3,408.31 3,408.31 0.00 99608524 70CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO 7/6/2005 7 /6/2005 * ~-----· Workbench -~ Actual Settle Date 46 I OCSD·CONSOLIDATED -OCSGOOOlOOOO Transaction Detail Reported by Transaction Category 7/1/2005-7/29/2005 Tran Type Description Trade Date Settle Date Reported Date IT BSDT-LATE MONEY DEPOSIT ACCTSEC ID: 9960870940CSF07522202: LONG TERM OPER-PIMCO 7/1/2005 7/1/2005 7/1/2005 Local Price Base Price Base Ex Rate TOTAL CASH & CASH EQUIVALENTS U.S. DOLLAR: TOTAL CASH & CASH EQUIVALENTS BASE: FIXED INCOME SECURITIES U.S. DOLLAR IT CD CD CD CD WMP/HUNTOON PAIGE #000-11150 7.500% 7 /28/2005 12/01/2030 DD 10/21/99SEC ID: 7/1/2005 302998GE30CSF07522202: LONG TERM 7 /28/2005 OPER-PIMCO 7 /28/2005 * FHLMC MULTICLASS MTG SER E3 A VAR RT 7/12/2005 08/15/2032 DD 12/01/97SEC ID: 3133TCE950CSF07522202: LONG TERM OPER-PIMCO 7/12/2005 FHLMC MULTICLASS MTG SER E3 A VAR RT 7/12/2005 08/15/2032 DD 12/01/97SEC ID: 3133TCE950CSF07522202: LONG TERM OPER-PIMCO 7/12/2005 FHLMC MULTICLASS MTG SER E3 A VAR RT 7/12/2005 08/15/2032 DD 12/0l/97SEC ID: 3133TCE950CSF07522202: LONG TERM OPER-PIMCO 7/12/2005 FHLMC MULTICLASS MTG SER E3 A VAR RT 7/12/2005 08/ 15/2032 DD 12/0 I /97SEC ID: 3133TCE950CSF07522202: LONG TERM OPER-PIMCO 7/12/2005 • Actual Settle Date 47 Shares/Par 0.000 57 ,300,000.000 57 ,300,000.000 878.200 0.000 0.000 0.000 0.000 Cost Base 0.09 205,024.41 205,024.41 5,819.45 0.10 2.45 1.70 0.20 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base 0.09 205,024.41 205,024.41 5,819.45 0.10 2.45 1.70 0.20 Net Gain/Loss Base 0.00 o.oo 0.00 0.00 0.00 0.00 0.00 0.00 Workbe11cl1 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FHLMC MULTICLASS MTG SER E3 A VAR RT 7/18/2005 14,856.250 2,456.43 2,456.43 0.00 08/ 15/2032 DD 12/01/97SEC ID: 6/1/2005 3133TCE950CSF07522202: LONG TERM 7/18/2005 OPER-PIMCO 7/18/2005 * IT FHLMC GROUP #78-6064 6.384% 7/15/2005 129.210 182.19 182.19 0.00 01/01/2028 DD 12/01/97SEC ID: 6/1/2005 31348SWZ30CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7I15/2005 * IT FNMA POOL #0254510 5.000% 7/25/2005 11,602.560 2,454.42 2,454.42 0.00 11/01/2017 DD 10/01/02SEC ID: 7/1/2005 31371 KVB40CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0254631 5.000% 7/25/2005 3.020.830 526.93 526.93 0.00 02/01/2018 DD 01/01/03SEC ID: 7/1/2005 31371KY470CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0254760 5.000% 7/25/2005 2,001.090 473.95 473.95 0.00 06/01/2018 DD 05/01 /03SEC ID: 7 /1 /2005 31371 K5V90CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0254866 5.000% 7/25/2005 1,013.330 216.18 216.18 0.00 09/01/2018 DD 08/01/03SEC ID: 7/1/2005 31371LCB30CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0254907 5.000% 7/25/2005 6,797.440 1,609.73 1,609.73 0.00 10/01/2018 DD 09/01/03SEC ID: 7/1/2005 31371LDLOOCSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0254953 5.000% 7/25/2005 4,089.290 1,142.24 1,142.24 0.00 11/01/2018 DD 10/0l/03SEC ID: 7/1/2005 31371LE210CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * Workbench • Actual Settle Date 48 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED • OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0254987 5.000% 7/25/2005 14,912.390 3,085.33 3,085.33 0.00 12/01/2018 DD 1 l/01/03SEC ID: 7/1/2005 31371LF460CSF07522202: LONG TERM 7/25/2005 OPER-PlMCO 7 /25/2005 * IT FNMA POOL #0323980 6.000% 7/25/2005 3,544.830 615.60 615.60 0.00 04/01/2014 DD 09/01/99SEC ID: 7/1/2005 31374T2MOOCSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0357328 5.000% 7/25/2005 486.560 88.48 88.48 0.00 01/01/2018 DD Ol/Ol/03SEC ID: 7/1/2005 31376J4M80CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0357430 5.000% 7/25/2005 17,998.930 4,659.34 4,659.34 0.00 09/01/2018 DD 09/01/03SEC ID: 7/1/2005 31376KA710CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0456482 6.000% 7/25/2005 367.150 176.92 176.92 0.00 02/01/2014 DD 02/01/99SEC ID: 7/1/2005 31381CCT20CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0509649 6.000% 7/25/2005 837.430 473.74 473.74 0.00 09/01/2014 DD 09/0l/99SEC ID: 7/1/2005 31383QEWOOCSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0535451 6.000% 7/25/2005 2,456.680 477.70 477.70 0.00 06/01/2015 DD 07 /01/00SEC ID: 7/1/2005 31384VZQ80CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0555363 5.000% 7/25/2005 5,292.080 1,133.57 1,133.57 0.00 04/01/2018 DD 03/01/03SEC ID: 7/1/2005 31385W5YIOCSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * Workbench k Actual Settle Date 49 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD j OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0555453 5.000% 7/25/2005 448.640 117.35 117.35 0.00 05/01/2018 DD 04/01/03SEC ID: 7/1/2005 31385XBW60CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0555545 5.000% 7/25/2005 4,698.040 945.42 945.42 0.00 06/01/2018 DD 05/0l/03SEC ID: 7/1/2005 31385XES20CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0555621 5.000% 7/25/2005 18,811.240 3,248.71 3,248.71 0.00 07/01/2018 DD 06/0l/03SEC ID: 7/1/2005 31385XG680CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 • IT FNMA POOL #0681309 5.000% 7/25/2005 7,620.640 1,786.68 1,786.68 0.00 02/01/2018 DD 02/01/03SEC ID: 7/1/2005 31391 Y3S40CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0681334 5.000% 7/25/2005 826.810 213.65 213.65 0.00 02/01/2018 DD 01/01/03SEC ID: 7 /I/2005 31391Y4TIOCSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0684798 5.500% 7/25/2005 16, 176.150 1,499.04 1,499.04 0.00 03/01/2033 DD 03/0l/03SEC ID: 7/1/2005 31400DX310CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0684908 5.000% 7/25/2005 1,606.540 1,170.44 1,170.44 0.00 06/01/2018 DD 05/01/03SEC ID: 7/1/2005 31400D3R10CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0685200 5.000% 7/25/2005 2,353.100 635.44 635.44 0.00 03/01/2018 DD 03/01/03SEC ID: 7/1/2005 31400EGH70CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * Workbench * Actual Settle Date 50 < Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED • OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0685665 5.000% 7/25/2005 667.740 107.60 107.60 0.00 02/01/2018 DD 02/0l/03SEC ID: 7 /1/2005 31400EW220CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0686318 5.000% 7/25/2005 5,166.460 962.83 962.83 0.00 03/01/2018 DD 03/01/03SEC ID: 7/1/2005 31400FPB70CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0688739 5.000'Yo 7/25/2005 487.170 370.62 370.62 0.00 06/01/2018 DD 06/0l/03SEC ID: 7/1/2005 31400JEL90CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0689859 5.000% 7/25/2005 405.640 337.74 337.74 0.00 05/01/2018 DD 05/0l/03SEC ID: 7/1/2005 31400KMG80CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0693834 5.000% 7/25/2005 11,492.520 2,027.51 2,027.51 0.00 03/01/2018 DD 03/0l/03SEC ID: 7/1/2005 31400PY740CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0695852 5.000% 7/25/2005 4,814.170 754.75 754.75 0.00 05/01/2018 DD 05/01/03SEC ID: 7/1/2005 3 l 400SBVOOCSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0695889 5.000% 7/25/2005 5,521.280 2,621.82 2,621.82 0.00 05/01/2018 DD 05/01/03SEC ID: 7/1/2005 31400SC230CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0697026 5.000% 7/25/2005 601.640 79.90 79.90 0.00 05/01/2018 DD 04/01/03SEC ID: 7/1/2005 31400TLF20CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7/25/2005 ... -----------------~--~--- Workbench ·k Actual Settle Date 51 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0702210 5.000% 7/25/2005 8,523.760 781.50 781.50 0.00 05/01/2018 DD 05/01/03SEC ID: 7/1/2005 31401ADP90CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0702328 5.000% 7/25/2005 2,726.120 445.49 445.49 0.00 05/01/2018 DD 04/01/03SEC ID: 7/1/2005 31401AHD20CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0709148 5.000% 7/25/2005 2,412.490 980.35 980.35 0.00 06/01/2018 DD 06/01/03SEC ID: 7/1/2005 31401 HZM70CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0709360 5.000% 7/25/2005 9,833.850 2,191.58 2,191.58 0.00 07/01/2018 DD 06/01/03SEC ID: 7/1/2005 31401JB560CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0709826 5.000% 7/25/2005 1,443.790 377.62 377.62 0.00 06/01/2018 DD 06/01/03SEC ID: 7/1/2005 31401JSP40CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 .. IT FNMA POOL #0709917 5.000% 7/25/2005 4,812.060 785.88 785.88 0.00 06/01/2018 DD 06/01/03SEC ID: 7/1/2005 3140 IJVJ40CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0709963 5.000% 7/25/2005 78.810 72.91 72.91 0.00 06/01/2018 DD 06/01/03SEC ID: 7/1/2005 31401JWYOOCSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0710235 5.000% 7/25/2005 13,881.820 2,006.59 2,006.59 0.00 06/01/2018 DD 06/01/03SEC ID: 7/1/2005 31401 KBC80CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7/25/2005 .. Workbench ·k Actual Settle Date 52 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD·CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0713344 5.000% 7/25/2005 63.910 51.76 51.76 0.00 06/01/2018 DD 06/01/03SEC ID: 7/1/2005 31401NP520CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0713365 5.000% 7/25/2005 12, 113.620 842.01 842.01 0.00 07/01/2018 DD 07/0l/03SEC ID: 7/1/2005 31401NQS10CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0720319 5.000% 7/25/2005 16,388.860 2,483.76 2,483.76 0.00 07/01/2018 DD 07/01/03SEC ID: 7/1/2005 31401 WG450CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0720369 5.000% 7/25/2005 10,882.120 7,853.00 7,853.00 0.00 06/01/2018 DD 06/01/03SEC ID: 7/1/2005 31401WJNOOCSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0721629 5.000% 7/25/2005 2,508.770 1,047.74 1,047.74 0.00 07 /01/2018 DD 06/01/03SEC ID: 7/1/2005 31401XVW40CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0723487 5.000% 7/25/2005 1,003.950 772.01 772.01 0.00 06/01/2018 DD 06/0l/03SEC ID: 7/1/2005 31402AXQ40CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0725530 5.000% 7/25/2005 44,194.970 12,068.05 12,068.05 0.00 06/01/2019 DD 05/01/04SEC ID: 7/1/2005 31402DA750CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0729601 5.000% 7/25/2005 9,809.490 1,422.55 1,422.55 0.00 07 /01/2018 DD 07 /01/03SEC ID: 7/1/2005 31402HRW30CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * -------~- Workbench ·1r Actual Settle Date 53 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0732873 5.000'Yo 7/25/2005 1,430.300 129.27 129.27 0.00 11/01/2018 DD 10/01/03SEC ID: 7/1/2005 3 l 402MFN50CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0735227 5.500% 7/25/2005 18,026.430 4,524.55 4,524.55 0.00 02/01/2035 DD Ol/01/05SEC ID: 7/1/2005 31402QYY 1 OCSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0737130 5.000% 7/25/2005 2,828.510 2,230.72 2,230.72 0.00 10/01/2018 DD 10/01/03SEC ID: 7/1/2005 31402S4P90CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0738211 5.000% 7/25/2005 5.720.470 1,831.90 1,831.90 0.00 10/01/2018 DD 10/01/03SEC ID: 7/1/2005 31402UDQ20CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0738487 5.000% 7/25/2005 1.804.090 666.07 666.07 0.00 10/01/2018 DD 10/0l/03SEC ID: 7/1/2005 31402UNC20CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0740457 5.000% 7/25/2005 46,447.030 7,901.57 7,901.57 0.00 10/01/2018 DD 10/01/03SEC ID: 7/1/2005 31402WTN80CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0740471 5.000% 7/25/2005 3,019.830 2,691.20 2,691.20 0.00 10/01/2018 DD 10/0l/03SEC ID: 7/1/2005 31402WT400CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0740748 5.000% 7/25/2005 14,453.990 2,725.84 2,725.84 0.00 10/01/2018 DD 11/01/03SEC ID: 7/1/2005 3 l 402W5H70CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * Workbench * Actual Settle Date 54 ~ -· ------ Transaction Detail Report ID: E\VBA09 Reported by Transaction Category Base Currency: USD OCSD·CONSOLIDATED -OCSG00010000 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0743868 5.000% 7/25/2005 1,010.000 132.78 132.78 0.00 11/01/2018 DD 10/01/03SEC ID: 7/1/2005 31403BMR10CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0744008 5.000% 7/25/2005 4,408.030 3,631.25 3,631.25 0.00 07 /01/2018 DD 09/01/03SEC ID: 7 /1/2005 31403BR540CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0744316 5.000% 7/25/2005 1,304.580 566.00 566.00 0.00 09/01/2018 DD 09/01/03SEC ID: 7/1/2005 3140383Z40CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0747914 5.000% 7/25/2005 3,235.800 1,087.88 1,087.88 0.00 11/01/2018 DD 11/01/03SEC ID: 7/1/2005 31403F3XOOCSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0748400 5.000% 7/25/2005 1,666.600 671.31 671.31 0.00 08/01/2018 DD 09/01 /03SEC ID: 7/1/2005 31403GNR90CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0748899 5.000% 7/25/2005 19,224.140 3,498.95 3,498.95 0.00 12/01/2018 DD ll/01/03SEC ID: 7/1/2005 3 l 403G 7LOOCSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0750377 5.000% 7/25/2005 27,638.960 7,519.35 7,519.35 0.00 11/01/2018 DD ll/01/03SEC ID: 7/1/2005 3 l 403JUA20CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0750380 5.000% 7/25/2005 31,552.960 6,417.39 6,417.39 0.00 11/01/2018 DD 1 l/01/03SEC ID: 7/1/2005 31403JUD60CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * --- Workbench • Actual Settle Date 55 Transaction Detail Report ID: EWBA09 I OCSD-CONSOLIDATED -OCSGOOOlOOOO Reported by Transaction Category Base Currency: USD 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0750445 5.ooo•x. 7/25/2005 627.530 582.44 582.44 0.00 11/01/2018 DD l l/01/03SEC ID: 7 /1/2005 31403JWE20CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0751960 5.000% 7/25/2005 8,153.080 2,802.75 2.802.75 0.00 12/01/2018DDl1/01/03SEC ID: 7/1/2005 31403LMH10CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0753425 5.000% 7/25/2005 16,689.040 3,025.85 3,025.85 0.00 11/01/2018 DD 11/0l/03SEC ID: 7/1/2005 3 l 403NA230CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0755165 5.000% 7/25/2005 34.150.870 2,177.75 2,177.75 0.00 12/01/2018 DD l 1/0l/03SEC ID: 7/1/2005 31403Q6A30CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0756372 5.000% 7/25/2005 3,897.720 3,417.74 3,417.74 0.00 11/01/2018 DD ll/01/03SEC ID: 7 /1/2005 31403SJR80CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005,. IT FNMA POOL #0784251 5.000% 7/25/2005 14,383.200 12,491.78 12,491.78 0.00 11/01/2019 DD 1 l/OI/04SEC ID: 7/1/2005 3 l 405BH460CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0789670 5.000% 7/25/2005 3,703.720 3,471.57 3,471.57 0.00 12/01/2019 DD 12/0l/04SEC ID: 7/1/2005 31405HJP40CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0792432 5.000% 7/25/2005 11,660.930 3,536.83 3,536.83 0.00 10/01/2019 DD 10/01/04SEC ID: 7/1/2005 31405LLM90CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7/25/2005 * Workbench • Actual Settle Date 56 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD·CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0792437 5.000% 7/25/2005 35,165.440 20,494.60 20,494.60 0.00 10/01/2019 DD 10/01/04SEC ID: 7/1/2005 31405LLS60CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0794195 5.000% 7/25/2005 4,073.880 3,694.13 3,694.13 0.00 11/01/2019 DD 11/01/04SEC ID: 7/1/2005 31405NKG90CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0797160 5.000% 7/25/2005 12,838.460 12,951.68 12,951.68 0.00 12/01/2019 DD 12/0l/04SEC ID: 7/1/2005 31405RTR70CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0797408 5.000'Yo 7/25/2005 3,300.880 3,310.14 3,310.14 0.00 12/01/2019 DD 12/0l/04SEC ID: 7/1/2005 31405R3R50CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0797414 5.000% 7/25/2005 5,004.920 3,275.12 3,275.12 0.00 12/01/2019 DD 12/01/04SEC ID: 7/1/2005 31405R3X20CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0800370 5.000% 7/25/2005 4,696.450 1,508.21 1,508.21 0.00 12/01/2019 DD 11/01/04SEC ID: 7/1/2005 31405VFK80CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0800998 5.500% 7/25/2005 404.810 1,521.10 1,521.10 0.00 11/01/2034 DD 11/01/04SEC ID: 7/1/2005 31405V3F20CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0803923 5.000% 7/25/2005 12,075.310 12,184.12 12, 184.12 0.00 12/01/2019 DD 12/01/04SEC ID: 7/1/2005 31406AD41 OCSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * Workbench ·)<Actual Settle Date 57 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD 1 OCSD-CONSOLIDATED • OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL I Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0807711 5.000'Yo 7/25/2005 12,416.720 12,237.85 12,237.85 0.00 01/01/2020 DD Ol/Ol/05SEC ID: 7/1/2005 31406EKY90CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0808933 5.500% 7/25/2005 348.430 1,523.15 1,523.15 0.00 01/01/2035 DD Ol/Ol/05SEC ID: 7/1/2005 31406FV240CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0809350 5.500% 7/25/2005 5,334.790 1,508.83 1,508.83 0.00 12/01/2034 DD Ol/01/05SEC ID: 7/1/2005 31406GEX30CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0814930 5.500% 7/25/2005 3,814.570 1,523.33 1,523.33 0.00 04/01/2035 DD 04/01/05SEC ID: 7/1/2005 3 l 406NLK80CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0815923 5.500% 7/25/2005 378.630 1,532.32 1,532.32 0.00 03/01/2035 DD 03/01/05SEC ID: 7/1/2005 31406PPG80CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0816246 5.000% 7/25/2005 7,384.920 2,625.02 2,625.02 0.00 03/01/2020 DD 03/0l/05SEC ID: 7/1/2005 31406PZK80CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0819566 5.500% 7/25/2005 3,532.260 1,520.55 1,520.55 0.00 04/01/2035 DD 04/0l/05SEC ID: 7/1/2005 31406TQT10CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0822731 5.500% 7/25/2005 340.360 1,513.83 1,513.83 0.00 05/01/2035 DD 05/01/05SEC ID: 7/1/2005 31406XA850CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7/25/2005 * Workbench *Actual Settle Date 58 ~ Transaction Detail Report ID: EWBA09 I OCSD-CONSOLIDATED -OCSGOOOlOOOO Reported by Transaction Category Base Currency: USD 7/1/2005-7/29/2005 Status: FINAL I Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0823232 5.500% 7/25/2005 502.030 1,522.89 1,522.89 0.00 06/01/2035 DD 05/01/05SEC ID: 7 /1/2005 31406XSV50CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT FNMA POOL #0823787 5.000% 7/25/2005 19,114.950 8, 188.13 8,188.13 0.00 05/01/2020 DD 05/01/05SEC ID: 7/1/2005 31406YF470CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT GNMA POOL #0421389 6.500% 7/15/2005 241.160 44.27 44.27 0.00 04/ 15/2026 DD 04/01/96SEC ID: 7/1/2005 36206UC230CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7/15/2005 * IT GNMA POOL #0449851 6.500% 7/15/2005 19.940 64.93 64.93 0.00 01/15/2028 DD Ol/01/98SEC ID: 7/1/2005 36208FWLOOCSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7I15/2005 * IT GNMA POOL #0466845 6.500% 7/15/2005 48.880 175.65 175.65 0.00 06/15/2028 DD 06/0l/98SEC ID: 7/1/2005 36209BTA60CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7 I 15/2005 * IT GNMA POOL #0468052 6.500% 7/15/2005 223.280 593.49 593.49 0.00 07I15/2028 DD 07 /01/98SEC ID: 7/1/2005 36209C5M40CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7/15/2005 * IT GNMA POOL #0476041 6.500% 7/15/2005 201.260 629.66 629.66 0.00 06/ 15/2028 DD 06/01/98SEC ID: 7/1/2005 36209MZE70CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7I15/2005 * IT GNMA POOL #0478626 6.500% 7/15/2005 187.030 647.32 647.32 0.00 01/15/2029 DD Ol/Ol/99SEC ID: 7/1/2005 36209QVT90CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7I15/2005 * ~-----~----- Workbench k Actual Settle Date 59 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT GNMA POOL #0480598 6.500% 7/15/2005 40.630 154.57 154.57 0.00 10/ 15/2028 DD 10/01/98SEC ID: 7 /1/2005 36209S3F60CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7/15/2005 * IT GNMA POOL #0512235 6.500% 7/15/2005 2,490.790 45.01 45.01 0.00 11/ 15/2029 DD 11 /Ol/99SEC ID: 7/1/2005 36211GBC60CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7 /15/2005 * IT GNMA POOL #0514326 6.500% 7/15/2005 244.240 419.61 419.61 0.00 07I15/2029 DD 07 /Ol/99SEC ID: 7/1/2005 362 l 1JLF20CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO 7I15/2005 * IT GNMA II POOL #0080023 VAR RT 12/20/2026 7 /20/2005 3,213.400 472.05 472.05 0.00 DD 12/0l/96SEC ID: 7/1/2005 36225CAZ90CSF07522202: LONG TERM 7/20/2005 OPER-PIMCO 7 /20/2005 * IT GNMA II POOL #080088M 7.375% 7/20/2005 400.870 472.60 472.60 0.00 06/20/2027 DD 06/0l/97SEC ID: 7/1/2005 36225CC200CSF07522202: LONG TERM 7/20/2005 OPER-PIMCO 7 /20/2005 * IT GNMA II POOL #0080395 VAR RT 7/20/2005 5,255.430 418.41 418.41 0.00 04/20/2030 DD 04/01/00SEC ID: 7/1/2005 36225CNM40CSF07522202: LONG TERM 7/20/2005 OPER-PIMCO 7 /20/2005 * IT GNMA II POOL #080408X VAR RT 7/20/2005 57,146.830 3,745.58 3,745.58 0.00 05/20/2030 DD 05/01/00SEC ID: 7/1/2005 36225CN280CSF07522202: LONG TERM 7/20/2005 OPER-PIMCO 7 /20/2005 * IT GNMA II POOL #0080965 VAR RT 7/20/2005 42,531.600 3,587.36 3,587.36 0.00 07 /20/2034 DD 07 /Ol/04SEC ID: 7/1/2005 36225DCB80CSF07522202: LONG TERM 7/20/2005 OPER-PIMCO 7 /20/2005 * Workbencl1 'k Actual Settle Date 60 Transaction Detail Report ID: EWBA09 ! Reported by Transaction Category Base Currency: USD I OCSD-CONSOLIDATED -OCSGOOOlOOOO 7/1/2005-7/29/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT GENERAL ELEC CO NT VAR RT 10/24/2005 7/25/2005 6,500,000.000 52,752.43 52,752.43 0.00 DD 10/24/03SEC ID: 7/24/2005 369604AZ60CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO 7 /25/2005 * IT GOLDMAN SACHS GRP MTN #TR00207 VAR 7/25/2005 800,000.000 7,058.83 7,058.83 0.00 RT 07 /23/2009 DD 07 /23/04SEC ID: 7/25/2005 38141EJQ30CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO IT GOLDMAN SACHS MTN# TR 00216 VAR RT 7/1/2005 5,500,000.000 14,443.23 14,443.23 0.00 08/01/2006 DD 02/0l/05SEC ID: 7/1/2005 38141 EJZ30CSF07522202: LONG TERM 7/1/2005 OPER-PIMCO IT GNMA GTD REMIC TR 2000-9 FH VAR RT 7/18/2005 10,239.390 1,346.57 1,346.57 0.00 02/ 16/2030SEC ID: 7/16/2005 3837H4NX90CSF07522202: LONG TERM 7/18/2005 OPER-PIMCO 7 /18/2005 * IT HOUSEHOLD FIN CORP NT 7.200% 7/15/2005 2,500,000.000 90,000.00 90,000.00 0.00 07/15/2006 DD 07/15/99SEC ID: 7/15/2005 441812GH10CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO IT MORGAN STANLEY VAR RT 01/ 12/2007 DD 7/12/2005 2,000,000.000 16,531.67 16,531.67 0.00 Ol/13/04SECID:617468AK20CSF07522202:711212005 LONG TERM OPER-PIMCO 7j12/2005 IT MORGAN STANLEY NT 3.875%, 01/15/2009 7/15/2005 3,200,000.000 62,000.00 62,000.00 0.00 DD 01/ 13/04SEC ID: 7/15/2005 61746BALOOCSF07522202: LONG TERM 7/15/2005 OPER-PIMCO IT RESIDENTIAL ASSET 03-RSl 1 AllB VAR RT 7/25/2005 32,419.290 1,256.87 1,256.87 0.00 12/25/2033 DD 12/30/03SEC ID: 7/25/2005 760985K830CSF07522202: LONG TERM 7/25/2005 OPER-PIMCO ------------- Workbench • Actual Settle Date 61 OCSD-CONSOLIDATED -OCSGOOOlOOOO Transaction Detail Reported by Transaction Category 7/1/2005-7/29/2005 Tran Trade Date Settle Date Reported Date Type Description IT IT cw IT cw IT cw IT TOYOTA MTR CR MTN #TR00413 VAR RT 09/ 18/2006 DD 03/ 16/05SEC ID: 89233PTE60CSF07522202: LONG TERM OPER-PIMCO 7/18/2005 7/18/2005 7/18/2005 US TREASURY INFLATION INDEX NT 3.375% 7/15/2005 01/15/2007 DD Ol/15/97SEC ID: 7/15/2005 9128272M30CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO US TREASURY INFLATION INDEX NT 3.375% 7 /29/2005 01/15/2007 DD 01/15/97SEC ID: 9128272M30CSF07522202: LONG TERM OPER-PIMCO 7/29/2005 US TREASURY INFLATION INDEX NT 3.625% 7/15/2005 01/15/2008 DD 01/ 15/98SEC ID: 7/15/2005 9128273T70CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO US TREASURY INFLATION INDEX NT 3.625% 7 /29/2005 01/15/2008 DD 01/ 15/98SEC ID: 9128273T70CSF07522202: LONG TERM OPER-PIMCO 7/29/2005 US TREASURY INFLATION INDEX NT 3.875% 7/15/2005 01/15/2009 DD Ol/15/99SEC ID: 7/15/2005 9128274Y50CSF07522202: LONG TERM 7 / l5/2005 OPER-PIMCO US TREASURY INFLATION INDEX NT 3.875% 7/29/2005 01/ 15/2009 DD 01/ 15/99SEC ID: 9128274Y50CSF07522202: LONG TERM OPER-PIMCO 7/29/2005 US TREASURY INFLATION INDEXED 2.000% 7 / 15/2005 01/ 15/2014 DD 01/ 15/04SEC ID: 7/15/2005 912828BW90CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO ·•Actual Settle Date Local Price Base Price Base Ex Rate 62 Shares/Par 2,000,000.000 6,914,000.000 0.000 2, 100,000.000 0.000 9,500,000.000 0.000 100,000.000 Cost Base 4,977.78 143,239.20 -6,568.30 45,826.87 -1,953.00 218,303.65 -8,645.00 1,052.69 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base Net Gain/Loss Base 4,977.78 0.00 143,239.20 0.00 -6,568.30 0.00 45,826.87 0.00 -1,953.00 0.00 218,303.65 0.00 -8,645.00 0.00 1,052.69 0.00 Workbench . -. OCSD-CONSOLIDATED -OCSGOOOlOOOO Transaction Detail Reported by Transaction Category 7/1/2005-7/29/2005 Tran Type Description Trade Date Settle Date Reported Date Local Price Base Price Base Ex Rate cw IT cw US TREASURY INFLATION INDEXED 2.000% 7 /29/2005 01/ 15/2014 DD 01/ 15/04SEC ID: 912828BW90CSF07522202: LONG TERM OPER-PIMCO 7/29/2005 US TREASURY INFLATION INDEX NT 2.000°.!.1 7/15/2005 07 /15/2014 DD 07I15/04SEC ID: 7 /15/2005 912828CP30CSF07522202: LONG TERM 7/15/2005 OPER-PIMCO US TREASURY INFLATION INDEX NT 2.000% 7 /29/2005 07/15/2014 DD 07/15/04SEC ID: 912828CP30CSF07522202: LONG TERM OPER-PIMCO 7/29/2005 TOTAL FIXED INCOME SECURITIES U.S. DOLLAR: TOTAL FIXED INCOME SECURITIES BASE: TOTAL INTEREST BASE: Shares/Par 0.000 3, 100,000.000 0.000 45,089,330.060 45,089,330.060 102,389,330.060 Cost Base -81.00 31,988.90 -2,480.00 929,548.59 929,548.59 1,134,573.00 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base Net Gain/Loss Base -81.00 0.00 31,988.90 0.00 -2,480.00 0.00 929,548.59 0.00 929,548.59 0.00 1,134,573.00 o.oo TOTAL TRANSACTIONS: ss,s21,474. 1so ___ -6_6....;.,_19_3.....;,_7_6_4_.1_1 ____ 2_s_,_so_2.....;,_4_2_7._1_3 _____ -_2s_o.....;,_1_0_6._7_1 Workbenc11 ·k Actual Settle Date 63 ,h BOARD OF DIRECTORS Meeting Date AGENDA RE PORT Item Number Orange County Sanitation D1stnct FROM: Michael D. White, Acting Director of Finance SUBJECT: ISSUING UP TO $200 MILLION IN NEW CERTIFICATES OF PARTICIPATION (COPs) GENERAL MANAGER'S RECOMMENDATION 1. Direct staff to issue up to $200 million in new variable-rate Certificates of Participation (COP) debt; and, To Bel. of Dir. 08/24/05 Item Number 16 2. Authorize the General Manager to negotiate and enter into a sole source Consultant Services Agreement with Orrick, Herrington & Sutcliffe to provide bond counsel services in an amount not to exceed $135,000. SUMMARY In support of the District's Strategic Plan capital improvement program, the Board approved the issuance of $200 million of new Certificates of Participation (COP) debt with the adoption of the FY 2005-06 Budget. Approval of the recommended actions above will direct staff to begin the $200 million variable-rate debt issuance process and retain the bond counsel firm of Orrick, Herrington & Sutcliffe to assist in the debt issuance. Staff will continue to work with the financial advisory firm of Public Resources Advisory Group. PRIOR COMMITIEE/BOARD ACTIONS At the July 20, 2005 Board meeting, staff was directed to bring back to the Board a Debt Financing Plan from the District's Financial Advisor, Public Resources Advisory Group (PRAG) that addressed the District's proposed debt capacity and that would provide for the justification and rationale for the amount of variable rate debt that is being considered at the meeting to be held on August 24, 2005. PROJECT/CONTRACT COST SUMMARY In accordance with the District's Board-adopted Debt Policy, the District will restrict long-term borrowing to capital improvements that cannot be financed from current revenue, and before any new debt is issued, the impact of debt service payments on total annual fixed costs will be analyzed. This policy will assist in the leveling out of user fee rates over time and avoid any spiked increases in the short term. All costs involved in the COP issuance, including costs for Orrick and for PRAG will be paid from the proceeds of the new issue. C:\Oocumen1s and Settingslkawa~Local Settings\Temporary ln1eme1 Files\OLK72\11em 16 COP.doc Revised: 8120/98 Page 1 BUDGET IMPACT IZI This item has been budgeted. D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. However, professional services fees would be reimbursed by cost savings. D Not applicable (information item) ·ADDITIONAL INFORMATION Strategy The District's proposed strategy is explained in detail in the attached Capital Improvement Program Financing Plan prepared by the District's financial advisor, PRAG. Following is a summary of the proposed plan. The most recent Strategic Plan capital improvement program requires approximately $2.4 billion over the next 10 years, of which approximately $1 .5 billion is to be financed through long-term borrowings in accordance with the District's long-term debt fiscal policy and cash flow projections The issuance of $200 million of COP debt this fiscal year has been slated for a portion of capital improvements to be constructed over the next year. A total of up to $1 .5 billion in COP debt issuance is being proposed over the next ten years with a new issuance scheduled approximately once a year for at least the next six years. These financings are needed early in the 10-year capital improvement program because the bulk of the construction is scheduled during the next seven years. The issuance of variable rate debt will provide the District with a balanced overall debt portfolio consisting of a mix of fixed rate, synthetic fixed rate (hedged with interest rate swaps), and variable rate debt. Staff is proposing this new COP issue be a variable rate debt issue because a) variable rates have historically been lower than fixed rates, including current fixed rates, b) variable rate debt acts as a hedge against the investment assets of the District, and c) issuing fixed rate debt would assume and require a prediction of future interest rates which is recognizably a difficult task. Variable rate COPs can be swapped to synthetic fixed-rate COPs at a later date if that is desired and appropriate. In addition, the implementation of an Accelerated Rate Management ("ARM") program can assist in reducing variable rate interest rate risk and may accelerate debt repayment. An ARM program requires 1) the issuance of variable rate debt; 2) budgeting for and making fixed rate debt service payments; and 3) applying any excess payment to reducing the amount of variable rate debt on an annual basis. In the current market, the difference between long-term fixed rate debt costs and short-term variable rate debt costs is approximately 2.0%. An ARM program would use costs savings, from annual budgeting at today's fixed rates and borrowing at an expected lower variable rate , to repay outstanding variable rate debt. C:\Documents and Sellings\kawai\Local Settings\Temporary Internet Files\OLK7211tem 16 COP.doc Revised: 8120198 Page 2 Finance Team and Timeline It is proposed that financial advisory and bond counsel services be retained immediately to more fully develop and implement the financing structure discussed above. It is requested that the Finance, Administration and Human Resources Committee authorize staff to engage Orrick, Herrington & Sutcliffe for this project. Orrick, Herrington & Sutcliffe has provided legal services on various matters related to the District's existing COP financing program, and is therefore, intimately familiar with the legal documents and structures of the District's COP issues. Most recently, they have assisted staff efforts related to the issuance of the Series 2003 COPs. Costs for legal services would be reimbursed from the proceeds of the new COP upon successful completion of the issuance. Orrick, Herrington & Sutcliffe has also developed a working knowledge of the industry through the completion of similar financings. In November 2001, the Board of Directors appointed PRAG as the District's financial advisor. In February 2005, PRAG's contract was extended for an additional two-year period with no increase in fees. PRAG's financial advisory fee for an issuance of variable rate debt is $100,000 plus costs. Given the knowledge and experience that both firms can contribute to the proposed issuance, it is estimated that it can be accomplished in approximately 120 days, as illustrated by the timeline below. Staff would negotiate a professional services agreement Orrick, Herrington & Sutciffe, for execution by the General Manager. Due to the fact that this is a proposed variable rate debt issuance, there is no practical method of issuing the bonds through a competitive sale. The issuance of variable rate debt would require engaging a bank to provide liquidity to COP holders and an underwriter/remarketing agent to reset the variable interest rates on a periodic basis. Staff anticipates selecting the bank and underwriter/remarketing agent based upon competitive processes. September October November December > Negotiate professional services agreement with bond counsel > Issue Underwriter/Remarketing Agent Request for Proposal > Issue Bank Request for Proposals > Select Underwriter/Remarketing Agent > Select Bank > Develop legal documents > Develop disclosure documents (Official Statement) > Develop rating agency presentation > Conduct rating agency presentations > Finalize debt service and cash flow modeling > Finalize legal and disclosure documents >--Marketing and Sale of the COPs through a Negotiated Sale Process >--Execute $200 million Variable-Rate COP issue >--Investment of Bond Proceeds >--Debt Administration C:\Documents and Settings\kawai\Local Settings\Temporary Internet Files\OLK72\ltem 16 COP.doc Revised: 8/20198 Page3 ALTERNATIVES 1. Conduct an RFP selection process for Bond Counsel. 2. Issue fixed rate COPs through a competitive process. CEQA FINDINGS N/A ATTACHMENTS 1. Capital Improvement Program Financing Plan prepared by PRAG. C:\Documents and Settings\kawai\Local Settings\Temporary Internet Files\OLK72\ltem 16 COP.doc Revised: 8/20/98 • Page4 Capital Improvement Program Financing Plan for the Orange County Sanitation District Public Resources Advisory Group August 16, 2005 Public Resources Advisory Group Background The Orange County Sanitation District (the "District") adopted a long-term capital improvement program ("CIP") as part of its Strategic Plan . The CIP includes a number of different projects which will provide new treatment and disposal capacity and expand the collection system for the District. In addition, the District expects to fund other replacement, rehabilitation , and refurbishment projects to properly maintain the operation of existing facilities. It is anticipated the District will use a combination of ongoing revenues and new debt issuances to finance the CIP over the next 15 years. The following chart shows the projected funding of capital costs between revenues and debt proceeds. ($mm) Estimated Sources of CIP Funding 400 .-~~~~~~~~~~~~~~~~~~~~~---, 350 300 250 200 150 100 50 •Ongoing Revenues D Debt Financed 0 +'-""-'-T~...,_.....~~ ............ ~..,.............,..~...,_..............,,..._.....,. (Q 0 0 N ,..._ co 0 0 0 0 N N 0) 0 0 ,... 0 0 N N ,... ,... 0 N N M ~ ,... ,... ,... 0 0 0 N N N LO ,... 0 N (Q ,..._ ,... ,... 0 0 N N co ,... 0 N 0) ,... 0 N 0 N 0 N The District has engaged Public Resources Advisory Group ("PRAG") to provide recommendations pertaining to the management of existing debt and the issuance of additional debt in connection with the CIP. In developing debt management recommendations, PRAG has considered current market conditions, historical interest rates, best practices among municipal issuers, credit issues, and the District's outstanding debt to formulate a long-term financing plan that balances lowering interest cost and interest rate risk. The District's Outstanding Debt Currently, the District has $608.6 million of outstanding long-term debt, comprised of four different series of certificates of participation ("COPs"). The four series of COPs include traditional fixed rate COPs, synthetic fixed rate COPs (i.e., variable rate COPs linked to a floating-to-fixed interest rate swap, which together create an expected net fi xed rate obligation) and variable rate COPs, which were issued to fund new capital improvements and to refund then outstanding debt. Additional detailed information pertaining to the COPs is shown in the following table. Orange County Sanitation District GIP Financing Plan Page 1 August 16, 2005 Public Resources Advisory Group Original Par Outstanding Final Maturity Interest Series Issued Par (Fiscal Year) Rate Mode Purpose of Issuance Synthetic Refunded 1986 COPs ($107 1992 $160,600,000 $93, 120,000 2014 million) and Series B COPs Fixed ($38.4 million) 1993 46,000,000 37,250,000 2017 Synthetic Refunded Series B COPs Fixed ($39.7 million) Variable Refunded Series A, B and C 2000 218,600,000 198,200,000 2031 (Daily reset) COPs ($179.7 million) and funded capital improvements 2003 280,000,000 280,000,000 2033 Fixed Funded capital improvements Total $705,200,000 $608,570,000 On an aggregate basis, as shown in the following chart, approximately 33% of the Di strict's outstanding debt portfolio is variable rate. The District's current reserves totaling $305.9 million (net of $63.3 million reserves required by outstanding COPs) fully "hedges" the debt-related variable interest rate exposure of the District. Short-term investment assets, such as reserves, generate income based on taxable interest rates. Taxable investment income can be expected to offset the cost of tax-exempt variable interest rate obligations on an approximate three-to-two basis ("3-to-2 Basis"). In other words, the investment income from every $100 of short-term investment assets may be sufficient to offset the interest cost of $150 of tax-exempt variable rate obligations. (The top-bracket marginal federal income tax rate of 35% infers that the taxable equivalent of a 1 % tax-exempt rate is approximately 1.5% (i.e., or approximately 1 % I (1 -35%)); hence, it can be assumed that changes in taxable interest rates are approximately 1.5 times those of tax-exempt interest rates, or a 3-to-2 Basis.) The remaining 67% of the District's outstanding debt portfolio is comprised of 46% traditional fixed rate and 21 % synthetic fixed rate. Breakdown of Outstanding COPs Synthetic Fixed, $280.0mm 46% •••••• . .: '. :; ·: . .,::. ', . Fixed, $130.4mm, 21% ~ -( . . . . . ; . . , .. i . ' .. •• . . : .". \~. . : ... Variable, $198.2mm, 33% The aggregate debt service profile of the COPs is nearly level, after taking into account the releases of debt service re serves to pay debt service in the final year of each given series. From fiscal year 2004-05 through fiscal year 2019-20, net annual debt service associated with the outstanding COPs is approximately $41 million. Thereafter, net annual debt service declines to approximately $31 million through fiscal year 2032-33. The following chart illustrates the aggregate debt service profile of the District's outstanding COPs. Orange County Sanitation District CIP Financing Plan Page 2 August 16, 2005 Public Resources Advisory G r oup 70 ($mml Aggregate Debt Service ~-------------------~ • 1992 Principal D 1993 Principal D 2000 Principal I 60 • 2003 Principal D Interest -Net Debt Svc. ····· 50 ...................... 40 30 20 --= = = 10 0 i I I I I Ii) ,.._ a> ...... 0 0 0 ...... 0 0 0 0 N N N N Timing of Debt Issuances - I M ...... 0 N -. . .. I-I-I- ---·~~ Ii) ,.._ ...... ...... 0 0 N N a> ...... ..-N 0 0 N N M N 0 N Ii) N 0 N ,.._ N 0 N a> ...... N M 0 0 N N M M 0 N Based on information provided by staff of the District, future capital expenditures funded through debt issuance is expected to be spent from fiscal year 2005-06 through fiscal year 2013-14. The long period over which expenditures are expected to be made, the magnitude of those expenditures, and the goal of minimizing the already substantia l (on a percentage basis) rate increases, all support the decision to finance a portion of the CIP through a series of financings from fiscal year 2005-06 th rough fiscal year 2013-14. Assuming a series of debt issuances requires that long-term strategic considerations must be examined on an aggregate basis with each future issuance providing the District with the opportunity to be flexible and make adjustments. In addition, a series of debt issuances should reduce the risk associated with timing the market for the lowest interest cost. The next debt issuance is expected to occur in the current fiscal year 2005-06. The size of this issuance is approximately $200 million . The timing and sizes of subsequent issuances is estimated in the following table. Fiscal Year Approximate Size 2005-06 $200 '000' 000 2006-07 205,000,000 2007-08 275,000,000 2008-09 325,000,000 2009-10 220,000,000 2010-11 150,000,000 2011-12 75,000,000 2012-13 75,000,000 Total $1,525,000,000 Variable to Fixed Ratio A fundamental strategic consideration of a long-term financing plan for a multi-year capital improvement program is the ratio that represents the va riable versus fixed rate debt relationship of an outstanding debt portfolio (the "Variable/Fixed Ratio"). The Variable/Fixed Ratio is Orange County Sanitation District GIP Financing Plan Page 3 August 16, 2005 Public Resources Advisory Group calculated as the ratio of variable rate debt divided by total debt. The overall target Variable/Fixed Ratio set by the District should be based on (1) the amount of and the type of interest rate risk the District is willing to accept and (2) the expected cost benefit of variable rate debt over fixed rate debt. Prior to each future debt issuance, the District has a choice of issuing fixed rate, variable rate, or a combination of fixed and variable to reach the overall target Variable/Fixed Ratio. The District should evaluate each component (fixed or variable) on a net hedged basis by considering the amount of outstanding hedges that mitigate or offset variable rate risk. Hedges The Variable/Fixed Ratio of the District is limited by (1) the amount of outstanding hedges (i.e., interest rate swaps and investments), (2) the expected ability to withstand interest rate spikes and (3) rating agency guidelines. To calculate the unhedged (or net) Variable/Fixed Ratio, the amount of variable rate assets (and fixed payer swaps) is subtracted from the outstanding variable rate debt and the result is divided by total outstanding debt ("Net Variable/Fixed Ratio"). The following table provide simplified examples on how asset-to-liability hedging works by assuming a 3-to-2 Basis for the relationship of taxable interest rates to tax-exempt interest rates. Annual Annual Tax-Exempt Incremental Taxable Incremental Interest Rate Variable Rate Investment Rate Investment Net Annual Change Debt Cost Change Income Income I (Cost) Example One -$200 million Variable Rate Debt and $200 million Assets +100 bps ($2,000,000) +150 bps $3,000,000 $1,000,000 -100 bps $2,000,000 -150 bps ($3,000,000) ($1,000,000) Example Two -$300 million Variable Rate Debt and $200 million Assets +100 bps ($3,000,000) +150 bps $3,000,000 $0 -100 bps $3,000,000 -150 bps ($3,000,000) $0 Example Three -$400 million Variable Rate Debt and $200 million Assets +100 bps ($4,000,000) +150 bps $3,000,000 ($1,000,000) -100 bps $4,000,000 -150 bps ($3,000,000) $1,000,000 As shown by Example Two in the table above, perfect hedging occurs when variable rate debt is 1.5 times the amount of assets which neutralizes the impact of any interest rate movements on net income/cost. If the amount of debt is less than 1.5 times the amount of assets ("overhedged", as in Example One), net income would change in the same direction as interest rates (as interest rates increase, net income increases and vice versa). If the amount of debt is more than 1.5 times the amount of assets (Example Three), net income would change in inverse proportion to the direction of interest rates. Currently, the District has $305.9 million of reserves (net of $63.3 million debt service reserves), which could effectively hedge $458.9 million of variable rate debt, assuming a 3-to-2 Basis between taxable and tax-exempt interest rates. In comparison, the District has $198.2 million of variable rate COPs outstanding, a situation which could be considered overhedged; for example, if interest rates were to decrease, interest income could drop more than interest costs. The amount of reserves is forecasted to grow to $394.1 million (net of $190.6 million debt Orange County Sanitation District GIP Financing Plan Page4 August 16, 2005 Public Resources Advisory Group service reserves} by the end of fiscal year 2010-11 which is sufficient to hedge $591.2 million of variable rate debt assuming a 3-to-2 Basis. Credit Rating Impact Credit ratings from rating agencies can impact the borrowing costs for fixed rate debt and also credit enhancement costs for variable rate debt. Among many financial factors, the Variable/Fixed Ratio is one of the factors that credit rating analysts review when assigning credit ratings. For a given rating, the Variable/Fixed Ratio acceptable to rating agencies varies depending on the available liquidity to the issuer, volatility of revenues, flexibility of an issuer to adjust revenues, and variability of other (i.e., not interest-related) expenses. Moody's Investors Service has "assign[ed] high-grade long-and short-term ratings to some issuers, typically well endowed colleges or cash flush states, public authorities and hospitals, with as much as 30% to 50% of their debt in variable rate mode." Standard & Poor's states that "[i]ssuers with competitive rates, tax advantages, or significant short-term assets can handle variable and short-term debt well in excess of 80% of total debt, some even with 100%, when backed by accompanying risk management programs." Based on the current financial condition of the District, PRAG believes that the District's future Net Variable/Fixed Ratio could increase as high as 25% to 35% without negative credit rating impacts. The District may structure a portion of its variable rate debt exposure as unhedged in order to take advantage of historically low variable rates compared to current fixed rates (see "Issuance of Fixed or Variable Rate Debt -Variable Rate" below}. In the past, the rating agencies generally limited the Variable/Fixed Ratio to no more than 15-20%. More recently, the rating agencies have relaxed these previously strict guidelines in recognition that a stringent percentage is not an appropriate measure for all credits and circumstances. Instead, it is more likely that the evolving financial profile of the District, the funding progress of the CIP, and the ability to secure timely rate increases, will be the factors which ultimately determine an appropriate level of the Variable/Fixed Ratio for the rating agencies. Issuance of Fixed or Variable Rate Debt For each pending debt issuance, the decision on whether or not to issue fixed rate debt should be based on the level of fixed rate interest rates, provided there is sufficient flexibility to achieve the target Variable/Fixed Ratio. If long-term interest rates are perceived to be low relative to (1) expected future long-term interest rates and/or (2) historical long-term fixed rates, then fixed rate COPs could be an attractive choice. The former method of comparison is dependent on interest rate outlooks by an issuer, which span the range from lower to higher interest rates. Some economists have predicted that interest rates will rise, while others have forecasted continuing low interest rates. Examples of these differing views can perhaps be summarized in the words of two prominent individuals in the fixed income world. In February 2005, Federal Reserve Chairman Alan Greenspan's testimony before Congress' Joint Economic Committee remarked that the decline of long-term interest rates even as short-term interest rates rose rapidly was a "conundrum". On the other hand, recently Bill Gross-Chief Investment Officer and founder of Pacific Investment Management Company LLC (PIMCO)--stated that "[t]he Chinese and Japanese control the 10- year [treasury] bond rate, and Greenspan controls the short rate" and the investment of Chinese and Japanese trade surpluses "nearly mandates a continuation of our artificially low U.S. and global interest rates." While interest rates have risen from a 40-year low in June 2003 (a 3.07% 10-year Treasury rate), the direction of interest rate movements continues to be uncertain (over Orange County Sanitation District GIP Financing Plan Pages August 16, 2005 Public Resources Advisory Group the course of 2005, the 10-year Treasury rate reached a high of 4.69% and a low of 3.90% with today's yield of 4.27%). In general, it seems very difficult to predict the direction of long-term interest rates, if not impossible. The historical data necessary for the latter method of comparison is readily available. As shown in the following chart, current long-term tax-exempt interest rates (represented by the Bond Buyer 20 General Obl igation Bond or BB20GO Index) are lower than both the 15-year and the 50-year historic averages. However, some economists have proposed that current interest rates reflect a return to "normal" interest rate levels and that the high interest rates of the late 1970's and early 1980's were aberrations which have artificially distorted historic averages. In addition, as with investing, past history is not, and should not be, a predictor of future events. 12% 10% - 8% 6% 4% 2% Fixed Rate Debt I/) I/) 0) ...... Bond Buyer General Obligation (G.O.) 20 Index BBG020 Rate 15-Year Average 50-Year Average !\ l~v; 5.76% /l~h ! rl\) ~, ~ iw) 5.59% v ~.~ t 1;,.-...""YJ ·· Recent lows (6/12/04) = 4:21 % • Recent lows (6/2/05) = 4.18% 0 (Q 0) ...... I/) (Q 0) ...... 0 ....... 0) ...... I/) ....... 0) ...... 0 co 0) ...... I/) co 0) ...... ·· Curnfril = 4.37% 0 0) 0) ...... I/) 0) 0) ...... 0 0 0 N I/) 0 0 N Fixed rate debt offers some notable benefits over variable rate debt. For instance, fixed rate debt provides budgeting certainty which is lacking with variable rate debt. Also , fixed rate debt is simpler to maintain without the need to procure or pay costs related to ongoing services, such as credit enhancement and remarketing fees. Finally, traditional fixed rate municipal debt typically includes low-cost standard 10-year call options, which can be exercised to refund bonds to achieve a lower overall borrowing cost. In other words, if future interest rates are lower than the initial borrowing rate, traditional fixed rate municipal debt can be refinanced at the lower future rate. It is important to note that even the seemingly conservative choice of targeting a low Variable/Fixed Ratio (i.e., havi ng mostly or all fixed rate debt) introduces interest rate risk. For the District's multi-year CIP, the future fixed rate borrowing cost of the District will vary, creating long-term interest rate risk to the District. Also, the difference between long-and short-term tax- exempt rates (which is currently approximately 4.75% versus 2.25%) represents an opportunity cost to the District and another form of interest rate risk. Orange County Sanitation District GIP Financing Plan Page 6 August 16, 2005 Public Resources Advisory Group Variable Rate Debt Historically, short-term variable rates have been lower than long-term fixed rates. The following chart compares long-term BBG020 index to the Bond Market Association (BMA) swap index (a composite index for over 150 highly-rated, tax-exempt variable rate demand obligations). 10% 9% 8% 7% 6% 5% 4% 3% 2% 1% 0% 0 en en ..... BB GO 20 Index versus Bond Market Association (BMA, short-term tax-exempt index) BB20GO Rate BB20GO Average BMA Rate BMAAveraqe ...-N M ~ ~ ~ ~ 00 en 0 ...-N M ~ ~ en en en en en en en en en o o o o o o en en en en en en en en en o o o o o o ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N N N 4.37% (current) If short-term tax-exempt variable rates continue to be low, there is an expected cost benefit which is one of the primary reasons to issue variable rate rathe r than fixed rate debt. However, a risk of variable rate debt is that periodic short-term interest rate spikes, which exceed long-term fixed rates, can and have occurred in the past. Also, variable rate debt requires additional costs for credit enhancement and remarketing which effectively increase the cost of borrowing. Short-term interest rate hikes by the Federal Reserve this year have increased short-term tax-exempt interest rates significantly. Any additional Federal Reserve rate hikes are likely to correspondingly increase municipal variable rates. The historical correlation between the BMA swap index and Federal Funds Rate is 94%. Relationship between BMA and Fed Funds Rate 10%~~~~~~~~~~~~~~~~~~~~~~~~~ 9% 8% 7% 6% 5% 4% 3% 2% 1% BMA Rate -V\\ I ~ Fed Funds Rate ··· ~ ···· ··· · . \~I .. t~~\t.,.JJµ,A)J:•••4w..J.\ A .. .. ·~ ~ • (>-' I ' 'r4. /·'!""' .1 1 1.T' I 1111 a I 11 1 111 1 1.111 ~'' ~ ~ -1 :~,I ·· · ,. t•, · · ··1 1 I I I i I ' . . '\...,-• . . · __ ,,;\~ .. 0%+-~~~~~~~~~~~~~~~~~~~~~~~--' Orange County Sanitation District GIP Financing Plan ..-N 0 0 0 0 N N M ~ 0 0 0 0 N N IO 0 0 N Page 7 August 16, 2005 Public Resources Advisory Group Fixed Rate versus Svnthetic Debt Structure One implementation strategy to consider depending on market conditions is the use of synthetic rather than traditional debt structures. For instance, if the District wanted additional fixed rate exposure, it could do so by either (1) issuing fixed rate COPs or (2) issuing variable rate COPs plus entering into a floating-to-fixed interest rate swap. In the latter case , the floating rate receipt is expected to offset the variable rate debt service of the COPs, creating a net fixed rate obligation approximating the fixed swap rate. Under certain market conditions, synthetic fixed rate COPs structures may generate a lower expected borrowing cost. The spread between traditional and synthetic fixed rate debt structures have fluctuated in the past. The following table illustrates this historic fluctuation by comparing 10-year 65% of 1-month LIBOR (or London Interbank Offering Rate , which is a taxable short-term interest rate) swap rates to the 10-year Cal Insured MMD (which is a tax- exempt index of borrowing rates for California municipalities selling bonds that are guaranteed by a "AAA"-rated bond insurer). As shown in the graph below, the spread has fluctuated between -0.24% and 1.06%, as market conditions and the relationships between taxable and tax-exempt interest rates have shifted. 1.2% 1.0% 0.8% 0.6% 0.4% 0.2% 0.0% (0.2%) (0.4%) I() .. en en ...... Spread: 10-year Cal Insured MMD Less 10-year 65% of LIBOR Swap Rate Outp~~~~~..a. .. . .. . . . co en en .... en en en ...... 0 0 0 N ...... 0 0 N N 0 0 N M 0 0 N v 0 0 N I() 0 0 N Th ese fluctuations impact the borrowing cost of synthetic fi xed rate debt structures by changing not only the fixed swap rates paid on floating-to-fixed rate swaps but also the hedging efficiency of interest rate swaps. In other words, while there is an expectation that floating rate receipt from the swap would match the variable rate debt service of the debt, actual results may differ significantly from this expectation which is referred to as Basis Risk. As the result of Basis Risk, a synthetic fixed rate stru cture unlike a traditional fixed rate structure carries risk re lated to non- correlated interest rate movements. In addition, synthetic fixed rate structures entail other risks to an issuer, such as tax risk, credit enhancement risk, counterparty risk, and termination risk. As mentioned above, the cost of fixed rate municipal debt call option is low which means the mathematically calculated value of the call option exceeds the actual cost of the call option. The fixed rate debt call option al lows an issuer to take advantage of future lower interest rates. With synthetic fixed rate structures the cost of a call option typically equals the calculated value of the call option. Therefore, issuers of synthetic fixed rate structures should be confident that fixed Orange County Sanitation District CIP Financing Plan Page 8 August 16, 2005 Public Resources Advisory Group rates are low because, unlike fixed rate municipal debt, there are limited opportunities to further lower interest costs. Due to these differences between traditional and synthetic fixed rate debt structures, PRAG believes that the District should decide on which specific structure based on the market conditions and the District's tolerance for risk at the time of the sale. Hybrid Structure Another implementation strategy is to use hybrid borrowing structures with both fixed and variable rate COPs in a single issuance. This strategy is attractive when specific parts of the yield curve are favorable for different borrowing vehicles or products. In the current market, variable rate debt can be amortized at the long end of the yield curve and fixed rate debt in the short end of the yield curve to achieve a lower overall expected average borrowing cost. The following chart is reflective of current market conditions and shows how a hybrid bond structure may be amortized. Comparison of Fixed versus Variable Rates 6.0% ------------------~ 5.0% 4.0% 3.0% 2.0% 1.0% Fixed rate outperforms Variable rate outperforms -Cal Insured MMD -15-Year BMA Avg.* ~ ~ 0 N ~ ~ ~ 0 N ~ ~ ~ 0 N ~ 0 0 ~ ~ ~ ~ ~ N N N N N M M M 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N N N N N N N N N N N N N N N • Includes 25 basis points ror ongoing rees. Capital Improvement Program Financing Strategy The CIP of the District is expected to be funded by a series of bond issuances over the next ten years. A step-by-step financing implementation plan would be ideal; however, it would inevitably be inaccurate without the specific knowledge of future market trends and conditions. Therefore, PRAG believes the District should focus its long-term planning on global strategic considerations, such as the timing of the financings and the target Variable/Fixed Ratios. Implementation strategies should be analyzed on an issue-by-issue basis subject to market conditions at the time of the sale. Assuming the District concludes that (1) future fixed interest rates are difficult to predict, (2) variable rates will ultimately be less than cu rrent fixed rates, and (3) the District will have sufficient liquidity to absorb any additional interest costs associated with potential variable rate interest spikes, the following considerations and steps outline a potential financing strategy for the District: 1) Determine target Net Variable/Fixed Ratio based on (a) outstanding hedges, (b) expected reserve amounts, (c) 3-to-2 Basis or another estimate of the relationship between taxable and tax-exempt rates, (d) perceptions of variable rate exposure permissible by the rating agencies without negative credit rating implications, and (e) expected cost effectiveness of variable rate. Orange County Sanitation District GIP Financing Plan Page 9 August 16, 2005 Public Resources Advisory Group 2) Issue variable rate debt until the District reaches the target Net Variable/Fixed Ratio determined in 1) above. However, if current fixed rates are perceived to be "low", instead issue fixed rate debt. 3) PRAG assumes the next $200 million of COPs will be variable rate obligations since the District is currently overhedged and an additional $200 million of variable rate COPs would not cause the Net Variable/Fixed Ratio to be above zero percent assuming a 3-to-2 Basis. The District's current $305.9 million of reserves (net of $63.3 million of debt service reserves) can fully hedge an additional $260. 7 million variable rate COPs. 4) With subsequent issuances, re-evaluate the target unhedged Variable/Fixed Ratio based on market conditions at the time. Of course, the target unhedged Variable/Fixed Ratio will likely change as the Cl P unfolds and matures, and as new financing products become available to municipal issuers. Assuming a 3-to-2 Basis, the District currently does not fully leverage its variable rate debt capacity and is overhedged. PRAG believes that the District can prudently target Net Variable/Fixed Ratio in the range of 25% to 35% without jeopardizing its current credit ratings. On the following page, PRAG has outlined a preliminary financing plan of the CIP which increases. the District's Net Variable/Fixed Ratio to a maximum of 30% (achieved in fiscal year 2012-13}. At this time, the preliminary financing plan assumes the issuance of hybrid structures with traditional fixed, synthetic fixed, and variable rate COPs structured to achieve 30-year level debt service, after fiscal year 2005-06. The preliminary financing plan after the current fiscal year intentionally assumes hybrid structures without specific implementation strategies, since market conditions are constantly changing and we believe the District should evaluate market conditions at the time of each sale to determine the appropriate financing structure. Orange County Sanitation District GIP Financing Plan Page 10 August 16, 2005 Pub Ii c Resources Advisory Group Oranpe County Sanitation District Preliminary Financing Plan -Estimated Debt Outstanding, Issued and Repaid (Amounts in $millions) Fiscal Year 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 Beginning Outstanding Balance2 Traditional Fixed 280.0 280.0 323.8 381.8 449.6 493.8 522.3 534.1 545.5 540.4 535.0 529.3 523.4 517.2 510.6 Synthetic Fixed 142.3 130.4 139.6 155.1 174.8 181.7 179.8 180.4 178.9 156.1 145.2 133.8 121.7 118.6 115.3 Traditional Variable (Hedged)3 199.0 398.2 513.5 542.1 565.7 584.7 599.3 612.4 616.8 635.0 648.4 666.7 686.8 701.0 723.5 Traditional Variable (Unhedged)3 0.0 0.0 20.2 172.6 360.8 478.4 549.9 558.3 574.8 522.7 475.6 422.1 360.7 298.4 225.7 Scheduled Principal Repayment2 Traditional Fixed 0.0 0.0 (0.7) (1.6) (2.7) (3.5) (4.2) (4.6) (5.1) (5.4) (5.6) (5.9) (6.2) (6.5) (6.9) Synthetic Fixed (12.0) (12.7) (13.8) (15.0) (16.6) (17.9) (7.4) (9.5) (22.8) (10.9) (11.4) (12.1) (3.1) (3.3) (3.4) Traditional Variable (0.8) (3.8) (6.1) (9.1) (13.0) (15.8) (29.5) (30.1) (33.9) (33.7) (35.2) (41.3) (48.1) (50.2) (52.5) New Bond lssuance2 Traditional Fixed 0.0 43.8 58.7 69.4 47.0 32.0 16.0 16.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Synthetic Fixed 0.0 21.9 29.3 34.7 23.5 16.0 8.0 8.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Traditional Variable 200.0 139.4 187.0 221.0 149.6 102.0 51.0 51.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Ending Outstanding Balance2 Traditional Fixed 280.0 323.8 381.8 449.6 493.8 522.3 534.1 545.5 540.4 535.0 529.3 523.4 517.2 510.6 503.8 Synthetic Fixed 130.4 139.6 155.1 174.8 181.7 179.8 180.4 178.9 156.1 145.2 133.8 121.7 118.6 115.3 111.9 Traditional Variable (Hedged)3 398.2 513.5 542.1 565.7 584.7 599.3 612.4 616.8 635.0 648.4 666.7 686.8 701.0 723.5 715.7 Traditional Variable (Unhedged)3 0.0 20.2 172.6 360.8 478.4 549.9 558.3 574.8 522.7 475.6 422.1 360.7 298.4 225.7 181.0 Percentage of Overall Debt Traditional Fixed 34.6% 32.5% 30.5% 29.0% 28.4% 28.2% 28.3% 28.5% 29.1% 29.7% 30.2% 30.9% 31.6% 32.4% 33.3% Synthetic Fixed 16.1% 14.0% 12.4% 11.3% 10.5% 9.7% 9.6% 9.3% 8.4% 8.0% 7.6% 7.2% 7.3% 7.3% 7.4% Traditional Variable (Hedged)3 49.2% 51.5% 43.3% 36.5% 33.6% 32.4% 32.5% 32.2% 34.2% 35.9% 38.1% 40.6% 42.9% 45.9% 47.3% Traditional Variable (Unhedged)3 0.0% 2.0% 13.8% 23.3% 27.5% 29.7% 29.6% 30.0% 28.2% 26.4% 24.1% 21.3% 18.3% 14.3% 12.0% 1 For projection purposes only. Future balances and percentages will vary depending on the target Variable/Fixed Ratio and market conditions at the time of each sale. 2 Assumes issuance of $200 million of traditional variable rate bonds in fiscal year 2005-06. All subsequent issuances are assumed to use hybrid traditional and synthetic fixed/variable rate debt structures amortized to achieve level debt service over 30 years based on a 5% interest rate. The ratio of fixed-to-variable rate debt of the hybrid structure used is assumed to be constant and targets a maximum Net Variable/Fixed Ratio of 30%, while the ratio of traditional-to-synthetic fixed rate debt of the hybrid is assumed to be 2- to-1. Actual ratios of fixed-to-variable rate debt will vary depending on market conditions at the time of sale. 3 Calculated based on a 3-to-2 Basis and the District's projected total reserves less debt service reserves. Orange County Sanitation District GIP Financing Plan Page 11 August 16, 2005 Public Resources Adviso r y Group As the District moves forward with its CIP, its debt service obligations are expected to increase significantly. At this time, by increasing its variable rate exposure, PRAG believes the District can mitigate the debt service costs of additional capital needs. The following table illustrates the rapid rise of aggregate net debt service due to these future issuances. Aggregate Net Debt Service 2od$~m_m_)~~~~~~~~~~~~~~~~~~~~~~ • Current D Series 2005 •Additional Future Financings 175 -......................... ··································· ····················································· 150 -................... . 125 -................ . 100 -··········· 75 -....... . 50 -.... • ll .............. 25 -1 1·~·~··· 0 __...,..,._.,_-,-_...,..,...,.._..._..._,..,..._,-,-.-,.-.,,_,..,..,,_,....1'-¥-...,_,,-.-,-,...,..,.~ IO QO ..-...,. I'--0 M 0 0 ..-..-..-N N 0 0 0 0 0 0 0 N N N N N N N Accelerated Rate Management CD N 0 N m N N M 0 0 N N It) QC) ...... ~ M M ...,. 0 0 0 0 N N N N If the District decides to issue variable rate COPs, an Accelerated Rate Management ("ARM") program can be implemented to provide variable rate exposure (at expected lower costs) reducing interest rate risk. The ARM program capitalizes on the expected interest savi ngs from variable rate debt, compared to fixed rate debt, to reduce interest rate risk through the early retirement of principal. With an ARM program, the District would issue variable rate COPs and budget debt service as if fixed rate COPs had been issued. Excess budgeted debt service would be used to retire outstanding principal on a periodic basis (e.g., once a year). The net result is an expected early repayment of debt with an increased tolerance for interest rate spikes due to reduced outstanding principal. The following th ree tables demonstrate how an ARM program can benefit the District under three interest rate scenarios. Each table assumes that the District issues $200 million of variable rate COPs and annual debt service is budgeted based on an estimate of today's 30-year fixed rate level debt service borrowing cost of 4.75%. In the table below, the all-in borrowing cost of variable rate COPs is assumed to be equal to that of fixed rate COPs whereby the repayment schedules would be equal. Orange County Sanitation District GIP Financing Plan Page 12 August 16, 2005 Public Resources Advisory Group Fixed Rate Variable Rate COPs COPs Starting Interest Interest & Principal Ending Total Breakeve11 Year Payments Principal Rate* Expenses Repayment Principal Payment Rate 1 12,641,891 200,000,000 4.50% 9,500,000 3,141,891 196,858, 109 12,641,891 6.07% 2 12,641,891 196,858, 109 4.50% 9,350,760 3,291,131 193,566,979 12,641,891 6.17% 3 12,641,891 193,566,979 4.50% 9,194,431 3,447,459 190,119,519 12,641,891 6.28% 4 12,641,891 190,119,519 4.50% 9,030,677 3,611,214 186,508,306 12,641,891 6.40% 5 12,641,891 186,508,306 4.50% 8,859,145 3,782,746 182, 725,559 12,641,891 6.53% 6 12,641,891 182, 725,559 4.50% 8,679,464 3,962,427 178, 763, 133 12,641,891 6.67% 7 12,641,891 178,763,133 4.50% 8,491,249 4,150,642 174,612,491 12,641,891 6.82% 8 12,641,891 17 4,612,491 4.50% 8,294,093 4,347,797 170,264,693 12,641,891 6.99% 9 12,641,891 170,264,693 4.50% 8,087,573 4,554,318 165,710,375 12,641,891 7.17% 10 12,641,891 165,710,375 4.50% 7,871,243 4,770,648 160,939, 727 12,641,891 7.38% 11 12,641,891 160,939,727 4.50% 7,644,637 4,997,254 155,942,474 12,641,891 7.61% 12 12,641,891 155,942,474 4.50% 7,407,267 5,234,623 150,707,850 12,641,891 7.86% 13 12,641,891 150, 707,850 4.50% 7,158,623 5,483,268 145,224,582 12,641,891 8.14% 14 12,641,891 145,224,582 4.50% 6,898,168 5,743,723 139,480,859 12,641,891 8.46% 15 12,641,891 139,480,859 4.50% 6,625,341 6,016,550 133,464,309 12,641,891 8.81% 16 12,641,891 133,464,309 4.50% 6,339,555 6,302,336 127, 161,973 12,641,891 9.22% 17 12,641,891 127,161,973 4.50% 6,040,194 6,601,697 120,560,276 12,641,891 9.69% 18 12,641,891 120,560,276 4.50% 5,726,613 6,915,278 113,644,999 12,641,891 10.24% 19 12,641,891 113,644,999 4.50% 5,398,137 7,243,753 106,401,245 12,641,891 10.87% 20 12,641,891 106,401,245 4.50% 5,054,059 7,587,832 98,813,414 12,641,891 11.63% 21 12,641,891 98,813,414 4.50% 4,693,637 7,948,254 90,865,160 12,641,891 12.54% 22 12,641,891 90,865,160 4.50% 4,316,095 8,325,796 82,539,364 12,641,891 13.66% 23 12,641,891 82,539,364 4.50% 3,920,620 8,721,271 73,818,093 12,641,891 15.07% 24 12,641,891 73,818,093 4.50% 3,506,359 9,135,531 64,682,562 12,641,891 16.88% 25 12,641,891 64,682,562 4.50% 3,072,422 9,569,469 55,113,093 12,641,891 19.29% 26 12,641,891 55,113,093 4.50% 2,617,872 10,024,019 45,089,074 12,641,891 22.69% 27 12,641,891 45,089,074 4.50% 2,141,731 10,500,160 34,588,914 12,641,891 27.79% 28 12,641,891 34,588,914 4.50% 1,642,973 10,998,917 23,589,997 12,641,891 36.30% 29 12,641,891 23,589,997 4.50% 1,120,525 11,521,366 12,068,631 12,641,891 53.34% 30 12,641,891 12,068,631 4.50% 573,260 12,068,631 0 12,641,891 104.50% .. • n addition to debt service, ongoing expenses for variable rate COPs are expected to cost 0.25% per year . However, if the variable rate costs on the COPs average less than the assumed fixed rate of 4.75%, the excess budgeted debt service could be used to accelerate debt repayment (see table below). This assumption is not unreasonable since the decision to issue variable rate debt is likely predicated on the expectation that variable rate debt will be less expensive that fixed rate debt. The resulting lower outstanding principal decreases the risk resulting from potential interest rate spikes, shown on the rightmost column as the breakeven variable rate. The continued acceleration of debt repayment over time results in a steady increase in the breakeven variable rate. Orange County Sanitation District GIP Financing Plan Page 13 August 16, 2005 -. Pub lic R e so urce s Adv i so r y G r o u p Fixed Rate Variable Rate COPs COPs Starting Interest Interest & Principal Ending Total Breakeven Year Payments Principal Rate• Expenses Repaymenl Principal Payment Rate 1 12,641,891 200,000,000 3.06% 6,620,000 6.021,891 193,978,109 12,641.891 6.07% 2 12,641 ,891 193,978, 109 3.06% 6,420,675 6,221,215 187,756,894 12,641,891 6.27% 3 12,641,891 187,756,894 3.06% 6,214,753 6,427, 138 181 ,329,756 12,641.891 6.48% 4 12,641,891 181 ,329, 756 3.06% 6,002,015 6,639,876 174,689,880 12,641,891 6.72% 5 12,641,891 174,689,880 3.06% 5,782,235 6,859,656 167,830,225 12,641,891 6.99% 6 12,641,891 167,830,225 3.06% 5.555.180 7,086,710 160.743,514 12,641,891 7.28% 7 12,641,891 160,743,514 3.06% 5,320,610 7,321,280 153.422,234 12,641,891 7.61% 8 12,641,891 153.422,234 3.06% 5,078,276 7,563,615 145,858,619 12,641,891 7.99% 9 12,641,891 145,858,619 3.06% 4.827,920 7.813.971 138,044,648 12,641,891 8.42% 10 12,641,891 138,044,648 3.06% 4.569,278 8,072,613 129,972,036 12,641,891 8.91 % 11 12,641,891 129,972,036 3.06% 4,302,074 8,339,816 121 ,632,219 12.641,891 9.48% 12 12,641,891 121,632,219 3.06% 4,026,026 8,615.864 113,016,355 12,641,891 10.14°/c 13 12,641,891 113,016,355 3.06% 3,740,841 8,901,049 104,115,305 12,641.891 10.94°/c 14 12,641,891 104.115,305 3.06% 3.446,217 9,195.674 94,919,631 12,641,891 11.89°/c 15 12,641,891 94,919,631 3.06% 3,141,840 9,500,051 85.419,580 12,641,891 13.07°/c 16 12,641,891 85.419,580 3.06% 2.827,388 9,814,503 75,605,077 12,641,891 14.55°/c 17 12,641,891 75,605,077 3.06% 2,502,528 10,139,363 65,465,715 12.641.891 16.47°/c 18 12,641,891 65,465,715 3.06% 2,166,915 10,474,976 54,990,739 12,641,891 19.06°/c 19 12,641,891 54,990,739 3.06% 1.820, 193 10,821,697 44,169,042 12.641.891 22.74°/c 20 12,641,891 44,169,042 3.06% 1.461,995 11 ,179,896 32,989,146 12,641,891 28.37°/c 21 12,641,891 32,989,146 3.06% 1,091,941 11,549,950 21.439,196 12,641,891 38.07°/c 22 12,641,891 21,439, 196 3.06% 709,637 11,932,253 9,506,943 12,641,891 58.72°/c 23 12,641,891 9,506.943 3.06% 314,680 9.506,943 T: 9,821,623 132.73~ 24 12,641,891 0 3.06% 0 0 0 l1Ta 25 12,641,891 0 3.06% 0 0 0 n/a 26 12,641,891 0 3.06% 0 0 0 n/a 27 12,641,891 0 3.06% 0 f epaym~ lt 0 n/a 28 12,641 ,891 0 3.06% 0 ~ :::eel era~ :>n 0 n/a 29 12,641 ,891 0 3.06% 0 0 n/a 30 12,641,891 0 3.06% 0 0 0 0 n/a .. · h add~1on to debt service, ongoing expenses for variable rate COPs are expected to cost 0.25% per year . Even if variable rates on the COPs spike for periods of time, an ARM program can be cost effective and could effectively limit the overall financing cost to the District, provided that (1) variable interest rates average less than the assumed fixed rate and (2) variable interest rates remain below the breakeven variable rate each year. The following table illustrates how the ARM prog ram can benefit th e District even if variable interest rates increase above the assumed 4.75% for periods of time. Orange County Sanitation District GIP Financing Plan Page 14 August 16, 2005 Public Resources Advisory Group Fixed Rate Variable Rate COPs COPs Starting Interest Interest & Principal Ending Total Breakever Year Payments Principal Rate* Expenses Repayment Principal Payment Rate 1 12,641 ,891 200,000,000 3.06% 6,620,000 6,021 ,891 193,978, 109 12,641,891 6.07% 2 12,641 ,891 193,978, 109 .._6.00% ... 12,123,632 518,259 193,459,850 12,641,891 6.27% 3 12,641 ,8~~ i~~~~~~~ ~3.06% 6,403,521 6,238,370 187,221.481 12,641,891 6.28% 4 12,641 ,89 ~ 6,197,031 6,444,860 180,776,621 12,641,891 6.50% 5 12,641,891 180,776,621 12,654,363 -12,473 180,789,093 12,641 ,891 6.74% 0 6 12,641,891 180,789,093 6.75% 12,655,237 -13,346 180,802.439 12,641,891 6.74% 7 12,641,891 180,802,439 6.75% 12,656, 171 -14.280 180,816,719 12,641,891 6.74% 8 12,641,891 180,816, 719 6.75% 12,657, 170 -15,280 180,831,999 12,641,891 6.74% 9 12,641,891 180,831,999 7o 5,985,539 6.656,352 174,175.647 12,641,891 6.74% 10 12,641,891 174,175,647 3.06% 5,765,214 6,876,677 167,298,970 12,641 ,891 7.01% 11 12,641 ,891 167,298,970 3.06% 5,537,596 7,104,295 160,194,675 12,641,891 7.31% 12 12,641,891 160, 194,675 3.06% 5,302,444 7,339,447 152,855,228 12,641 ,891 7.64% 13 12,641,891 152,855,228 3.06% 5,059,508 7,582,383 145,272,845 12,641,891 8.02% 14 12,641,891 145,272,845 3.06% 4,808,531 7,833,360 137,439,486 12,641,891 8.45% 15 12,641,891 137.439,486 3.06% 4,549,247 8,092,644 129,346,842 12,641,891 8.95% 16 12,641 ,891 129,346,842 3.06% 4,281,380 8,360,510 120,986,332 12,641,891 9.52% 17 12,641,891 120,986,332 3.06% 4,004,648 8,637,243 112,349,089 12,641,891 10.20% 18 12,641,891 112,349,089 3.06% 3,718.755 8,923,136 103,425,953 12,641 ,891 11.00% 19 12,641,891 103,425.953 3.06% 3,423,399 9,218.492 94,207.461 12,641 ,891 11.97% 20 12,641,891 94,207,461 3.06% 3, 118,267 9,523,624 84,683,837 12,641,891 13.17% 21 12,641,891 84,683,837 3.06% 2,803,035 9,838,856 74,844,981 12,641,891 14.68% 22 12,641,891 74,844,981 3.06% 2,477,369 10,164,522 64,680.459 12,641,891 16.64% 23 12,641,891 64,680,459 3.06% 2,140,923 10,500,968 54,179.492 12,641,891 19.30% 24 12,641.891 54, 179.492 3.06% 1,793.341 10,848,550 43,330,942 12,641,891 23.08% 25 12,641,891 43,330,942 3.06% 1.434.254 11 ,207,637 32,123,305 12,641,891 28.93% 26 12,641,891 32,123,305 3.06% 1,063,281 11 ,578,609 20,544,696 12,641 ,891 39.10% 27 12,641,891 20,544,696 3.06% 680,029 11 ,961,861 8,582,835 ~ 61 .28% 28 12,641,891 8,582,835 3.06% 284,092 8,582,835 0 ' 147.04% 29 12,641,891 0 3.06% 0 ~ 1avings ~ ~ J n/a 30 12,641,891 0 3.06% 0 0 0 n/a *In addition to debt service, ongoing expenses for variable rate COPs are expected to cost 0.25% per year. Orange County Sanitation District GIP Financing Plan Page 15 August 16, 2005