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2000-01-12
' Revised MINUTES OE FINANCE. APMINJSTBATION AND HUMAN RESOURCES COMMITTEE MEETING Orange County Sanitation District Wednesday, January 12, 2000, 5:00 p.m. A meeting of the Finance, Administration and Human Resources Committee of the Orange County Sanitation District was held on January 12, 2000 at 5:00 p.m., in the District's Administrative Office. (1) The roll was called and a quorum declared present, as follows: FAHR COMMITIEE MEMBERS: Directors Present: Thomas R. Saltarelli, Chair Mark Leyes, Vice Chair Shawn Boyd Shir1ey McCracken Mark A. Murphy James W. Silva Jan Debay, Board Chair Peer Swan, Board Vice Chair OTHERS PRESENT: Tom Woodruff, General Counsel Don Hughes Ryal Wheeler Karen Halusa Ernie Schneider Phil Schwartz Edward Cook Dan Schwarz, LAFCO Jeffrey Oderman (2) APPOINTMENT OF CHAJR PRO TEM No appointment was necessary. (3) PUBLIC COMMENTS Directors Absent: John M. Gullixson STAFF PRESENT: Don Mcintyre, General Manager Blake Anderson, Assistant General Manager Lisa Tomko, Acting Director of Human Resources Gary Streed, Director of Finance Michelle Tuchman, Director of Communications David A. Ludwin, Director of Engineering Dawn McKinley, Senior Human Resources Analyst Jeff Reed, Senior Human Resources Analyst Steve Kozak, Financial Manager Mike Moore, ECM Manager Chuck Winsor, Engineering Supervisor Penny Kyle, Committee Secretary Phil Schwartz and Ernie Schneider, representing the developers of South Coast Metro Center and Sakioka Farms, spoke to the Directors regarding an easement owned by the District that is within the planned development of South Coast Metro Center. A letter was sent to the District in October of 1998 requesting the District abandon a portion of the sewer easement or consider an agreement to build-over that portion of the sewer line in order to build a parking structure. Currently the sewer line is not being used. It was stated that the developers will absorb costs to back-fill the line with sand and are prepared to pay their share of the easement but expect the District to abandon it. They further recommended a pro-rata contribution for the easement. The Minutes of the Finance, Administration and Human Resources Committee Meeting Page2 January 12, 2000 project is on a fast track, and the building pennit is to be pulled in February. Accommodation to this request and its schedule would be appreciated. General Counsel advised the Directors that if they wanted to discuss this request and take action, that a two-thirds vote would be required to add this item to the agenda pursuant to Government Code Section 54954.2 and to consider this item in closed session. (4) RECEIVE, FILE AND APPROVE MINUTES OF PREVIOUS MEETING It was moved, seconded and duly carried to approve the minutes of the December 8, 1999 Finance, Administration and Human Resources Committee meeiing. (5) REPORT OF THE COMMITTEE CHAJR The Committee Chair had no report. (6) REPORT OF THE GENERAL MANAGER The General Manager advised the Directors that the Kem County acquisition is moving forward. Title work is just beginning and should take about 30 days. He further reported the District was able to avoid paying increased road fees to Kem County by taking solids to Kings County. (7) REPORT OF ASSISTANT GENERAL MANAGER The Assistant General Manager reported that there are eany indications that Kem County will be moving against a biosolids applier for failure to maintain a properly pennitted site. We do not utilize this site nor this applier. Nevertheless, staff will be watching carefully and keep Directors apprised of new developments because of the impact this could have on general public perceptions in Kem County. (8) REPORT OF DIRECTOR OF FINANCE The Director of Finance reported that the follow-up letter searching out septic tank users in the County had been sent out, and we have discovered there may be less than 2,000 septic tank users. Staff will be working with the county to develop an incentive program to move those users from septic tanks to the sewer, as well as making certain no user fees are charged. (9) REPORT OF DIRECTOR OF HUMAN RESOURCES The Acting Director of Human Resources had no report. (10) REPORT OF DIRECTOR OF COMMUNICATIONS The Director of Communications reported that an orientation had been held for two Directors, Guy Carrozzo of Fountain Valley and Jerry Sigler of Buena Park, who will be appointed to the Board effective January 26, 2000. Ms. Tuchman also reported on a letter sent to the editor of The Wave, the Huntington Beach weekly section of The Register in December. The letter was from a citizen in the southeast area of Huntington Beach and complained about odors coming from Plant 2. No complaints were on ' i Minutes of the Finance, Administration and Human Resources Committee Meeting Page3 January 12, 2000 file with the District from this citizen. Doug Cook will be making a presentation to the City this month for the Southeast Neighborhood Association. The United Way campaign began January 121h, and a pledge of $2,000 had been received by the end of the first day. (11) REPORT OF GENERAL COUNSEL General Counsel briefly reported on the OCIP bankruptcy issue and the remaining funds that are to be distributed. Mr. Woodruff also reported that last year the Board approved submitting a legislative bill to the State to adjust Directors' compensation to be consistent with water districts. The bill passed through both houses, but the Governor vetoed the bill. It was suggested that Scott Baugh be requested to author the legislation this year. Mr. Woodruff further stated that this item would be placed on the agenda for the January 26111 meeting for action. (12) CONSENT CALENDAR lTEMS (Items a-c) a. FAHR00-01 : Receive and file Treasurer's Report forthe month of December 1999: The Treasurer's Report was handed out.at the FAHR Committ.ee meeting in accordance with the Board-approved Investment Policy, and in conformance with the Government Code requirement to have monthly reports reviewed within 30 days of month end. b. FAHR00-02: Receive and file Certificate of Participation (COP) Monthly Report. c. FAHR00-03: Receive and file Employment Status Report as of December 21, 1999. Motion: END OF CONSENT CALENDAR Moved, seconded and duly carried to approve the recommended actions for items specified as 12(a} through (c} under Consent Calendar. (13) ACTION ITEMS (Items a-c) a. FAHR00-04: Consider annexation and capital facilities capacity charges as due and payable at the time of the 1967 Agreement and direct staff to negotiate a property tax transfer in connection with the Midbury Neighbomood Reorganization. Gary Streed, Director of Finance, gave a brief report. Because the annexation Involves property from another county, a tax rate factor is automatically established by statute. Motion: Moved, seconded and duly carried to approve staffs recommendation as set forth in the agenda staff report dated January 12, 2000 and incorporated herein. Minutes of the Finance, Administration and Human Resources Committee Meeting Page4 January 12, 2000 b. FAHR00-05: Approve participation in a cooperative project with the City of Huntington Beach and County of Orange for follow-up studies related to the Huntington Beach closure investigation for an estimated amount not to exceed $83i383, with the balance to be funded by the City of Huntington Beach and the County of Orange. Blake Anderson, Assistant General Manager, gave a brief update on this item and requested that the motion be amended to an estimated amount not to exceed $88,633. Motion: Moved, seconded and duly carried to approve staff's recommendation. c. FAHR00-06: Authorize the Director of Finance to execute the December 20, 1999 Letter of Consent for assignment of the September 1, 1995 Investment Management Agreement from PIMCO, a Delaware general partnership, to PIMCO, a Delaware limited liability company and indirect subsidiary of Allianz AG. Motion: Moved, seconded and duly carried to approve staff's recommendation . (14) lNFORMATION PRESENTATIONS There were no infonnational presentations. (15) OTHER BUSINESS, COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF ANY a. Authorize consideration of Item 15 (b) listed below which arose subsequent to the posting of the agenda and which requires action at this time pursuant to authority of Government Code Section 54954.2(b}(2}. Motion: Moved, seconded and duly carried to authorize consideration of Item 15(b). b. FAHR00-07: Approve Consultant Agreement with Ictus Consulting, LLC for development of a District-Wide Records Management Program, Specification No. 9900-06, for an amount not to exceed $208,230. Motion: Moved, seconded and duly carried to approve staffs recommendation. (16) MATTERS WHICH A DIRECTOR MAY WISH TO PLACE ON A FUTURE AGENDA FOR ACTION AND STAFF REPORT Director Swan requested the Committee be provided with status reports regarding the sewer service user fee database corrections. (17) CONSIDERATION OF UPCOMING MEETINGS The next FAHR Committee meeting is scheduled for February 9, 2000 at 5 p.m. ) Minutes of the Finance, Administration and Human Resources Committee Meeting Pages January 12, 2000 Minutes of the Finance, Administration and Human Resources Committee Meeting Page6 January 12, 2000 (18) CLOSED SESSION The Chair reported to the Committee the need for a Closed Session, as authorized by Government Code Section 54956.9, to discuss and consider the item that is specified as Item 18(A)(1) on the published Agenda. General Counsel also indicated a need to add one item that arose subsequent to the publication of the agenda. He reported that additional items could be added pursuant to Government Code Section 54954.2(b)(2), upon a two-thirds' vote of the Directors. No other items would be discussed or acted upon. MOVED, SECONDED AND DULY CARRIED: That the request of developers of the South Coast Metro Center to purchase an easement owned by the District and to abandon a sewer line be added as Item 18(a)(2) to closed session for purposes of instructing the District's negotiator on the willingness to sell and the purchase price and terms. The Committee convened in closed session at 6:29 p.m. Confidential Minutes of the Closed Session held by the Finance, Administration and Human Resources Committee 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. No reportable actions were taken re Agenda Item Nos. 18(a)(1) and (2). At 7:42 p.m., the Committee reconvened in regular session. (19) ADJOURNMENT The Chair declared the meeting adjourned at approximately 7:42 p.m. \\tadon'data1\wp.dta\agenda'FAHRIFAHR2000\2000 Minutes\011200 FAHR M/N.rJoc ROLL CALL FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE. Meeting Date: January 12. 2000 Time: 5:00 p.m. c: Adjourn: ____ _ COMMITTEE MEMBERS THOMAS R. SALTARELLI (Chair)................................................. _IL' MARK LEYES (Vice Chair)............................................................ t..../ SHAWN BOYD............................................................................... ~ JOHN M. GULLIXSON ................................................................... ~ SHIRLEY MC CRACKEN ............................................................... _.JL. MARK A. MURPHY........................................................................ _.i.L..... JAMES W. SILVA........................................................................... 2 JAN DEBAY (Board Chair) ........................................................... . PEER SWAN (Board Vice Chair).u .... ., ....................... u................. V- NQJ:iN-:f:-C1J~ar<f-~ir).-....... ",. ............................... . OTHERS TOM WOODRUFF, General Co unsel............................................... ~ s~~/c~~··'Jf(~ DON MCINTYRE, General Manager ................................................ ---1.L BLAKE ANDERSON, Assistant General Manager .......................... ~ DAVID LUDWIN, Director of Engineering ....................................... ~ BOB OOTEN, Director of Operations & Maintenance ..................... -=:::=:!. LISA TOMKO, Acting Director of Human Resources ..................... --1L.. GARY STREED, Director of Finance ............................................... ~ MICHELLE TUCHMAN, Director of Communications..................... ,,..- PATRICK MILES, Director of Information Technology ................... -=- ROBERT GHIRELLI, Director of Technical Services ...................... ~ STEVE KOZAK, Financial Manager ................................................ ~ MIKE WHITE, Controller.................................................................. ~ GREG MATHEWS, Assistant to the General Manager.................... - DAWN MCKINLEY, Sr. Human Resources Analyst ........................ _L PENNY KYLE, Committee Secretary ............................................... ~ --rt~:f ;;:r--- Lenora Crane '1lt. A J , LJl~t ~JA. M~/llJ 4iu.~ . 'di-I) I)/;../ (}i) Pd #.J1itl2iiJ Exhibit A OCSD SOUTH COAST METRO PROJ ECT City of Costa Mesa CHRONOLOGY OF EVENTS The following are events relative to the abandonment of OCSD 20-foot sewer easement for the South Coast Metro Project, in the City of Costa Mesa, CA: October 26, 1998 -Letter to OCSD requesti ng "Abandonment of Sewer Easement." November 13, 1998 -Letter to McCarthy Cook providing "Sewer Abandonment Status Report." January 29, 1999 -Letter to California Pipeline authorizing /1 Jnspection of Sewer Line.11 April 20, 1999 -Letter to Sakioka Farms providing 11Sewer Abandonment Status Report/' May 5, 1999 -Letter to OCSD discussing sewer easement. May 12, 1999 -Letter to Sakioka Farms discussing sewer abandonment status. May 27, 1999 -Received e-mail from OCSD to Hunsaker & Associates Irv ine, Inc., discussing sewer abandonment issue. November 19, 1999 -Letter to McCarthy Cook detailing amount paid to OCSD for sewer easement. December 21, 1999 -Letter to OCSD transmitting draft sewer build-over agreement. January 6, 2000 -Letter from OCSD to Hunsaker & Associates Irvine, Inc. discussing sewer build-over agreement. ES:tj (f\c\Schneider\Chron of Events 01-es.doc) phone: 014) 962-2411 malling address: P.O. Box 8127 Fountain Valley, CA 92728·8127 street address: 10844 Ellis Avenue Fountain Valley, CA 92708-7018 Member Agencies @ Cities Anaheim Dr-ea Buena Park Cypress Fountain Valley Fullerton Garden Grove Huntington Beach Irvine La Habra La Palma Los Alamitos Newport Beach Orange Placentia Santa Ana Seal Beech Stanton Tustin Villa Park Yorba Linda County of Orange S anitary Districts Costa Mesa Midway City Wat er Districts Irvine Ranch ORANGE COUNTY SANITATION DISTR ICT January 6, 2000 Ernie Schneider Executive Director Hunsaker & Associates Three Hughes Irvine, CA 92618-2021 Subject: South Coast Metro Easement Agreement This is in response to your letter dated December 21, 1999 to Blake Anderson regarding the South Coast Metro property. The District does not wish to enter into a "build-over" agreement with BRE/South Coast (BRE) to allow the construction of a parking structure by BRE over the District's sanitary sewer easement. As yo_u know, we are in the process of appraising the value of the easement, which we should receive next week. After we receive direction from our Board of Directors at their regular meeting on January 26, 2000, we can meet with the representatives of BRE to finalize an agreement. If you would like to discuss this further, please give me a call at (7 ) 93-7300. ~Y~~ " David A Ludwin, P. E. Director of Engineering DAL:gc H:\wp.dta\eng\71 OIJudwin\010600 Hunsaker & Assocs. Ltr c: Donald F. Mcintyre Blake P. Anderson Thomas L. Woodruff [ffi IE © rE a \YI IE ill) DEC 01 2000 HUNSAKER & ASSOCIATES IRVINE, INC. 'To Protect ttie Public; Health and the Environment through Excellence in Vihistewater Systems" PLANNING ENGINEERING SURVEYING GOVERNMENT RELATIONS IRVINE lASVEGAS RIVERSIDE SAN DIEGO RICHARD HUNSAKER TOM R McGANNON JOHN A. MICHLER DOUGLAS G. SNYDER Three Hugties Irvine. CA 92618-2021 (949) 583· 1010 PH (949) 583·0759 f x HUNSAKER &ASSOCIATES I R V I N E. I N C. December 21 , 1 999 Mr. Blake P. Anderson Chief Operations Officer COUNTY SANITATION DISTRICTS OF ORANGE COUNTY P.O. Box 8127 Fountain Valley, CA 92728-8127 Subject: South Coast Metro Easement Abandonment Dear Blake: Ernie Schneider Executive Director Enclosed for your review is an agreement prepared by Rutan & Tucker authorizing South Coast Metro Center to build a parking structure over the Orange County Sanitation District (OCSD) sewer easement. As you know, we have initiated abandonment proceedings for the OCSD sewer easement but anticipate that the valuation of the easement area would be cost prohibitive to pu rsue. Please advise regarding the OCSD concurrence w ith their approval. Sincerely, zE: & ASSOCIATES IRVINE, INC. Ernie Schneider Executive Di rector ES:th (f\c\es\county L2-es.doc) Oac-Z0-99 01 :44pm From-RUTAN & TUCKER LLP, + RUTAN &TUCKER LLP Attorneys at Law 611 Anton BoulevMrd, 14th Floor Cpsra Mesa California 92626-1998 T-126 P.01/12 F-T6T Mailing Address: Post Office Box.19SO, Costa Mesa, California 92628-1950 Telephone: 714.641.5100 Facsimile 714.546.9035 FACSIMILE TRANSMISSION DATE; DEC£MB£R 20, 1999 T 0 H dC F 11 . Mall NO ar ODV to . 0 ow via NAME FAX NO. P!iONENO. Ernie Sclmdder {949) 583-0759 (949) 583-1010 Phil Schwartze (949) 240-1291 (949) 240-1322 - Edwltrd Cook (323) 93S-98S5 {323) 935-9834 Rob Vogel (310) 305-1660 (310) 581-7934 FROM: Jeffrey M. Oderan~n -112 R.£· Suuth Coast Metro Center CUENT/MATTER No.: 018696-0003 NuMBER.Or f>AGES, JNCLUD1NG Covs~ 12 [SEE ATTACHED. Tllf 1NrOR-'YIA"i11.,Yt~ C'ONTl\INED 1N TUIS fACSIMIUi M~Sl\GE IS INTENDED FO~ ·1tt~ t.J!\E OF THE IJllD1v1DlJA.L. 01<. liNTITY TO WHlt.:H IT lS .-.DDRESSE.0. ANO MAY CCJNTAIN INFORMATION THAT tS flUVtl-~iiD AND CONfJOENTIAL. It THF. READER OF T!i!S MESS/\GE B NOT "fttl: INTENDED RECIPIENT ORJ1.CfN'f IU:.!>f'ON::ilBL.f TO DELIVER THE MESSAGE ro THE OOENOfD R.ECll'IENr. YOU 4JU: H!;RESY NOTIFIED TllAT ANY Dl~EMrNATION. DlSTRIBLJTION OR COPYlNG OF THIS COMMLJN!CATION IS STl\IC'TLY PROHIBITED tr YOU MAVe /tECEIVED THIS COMMUNICATION IN f:RROR: PLE.-.SE NOTtfY us IMMEPIATEl y BY TEL8'HON~ /\NO RC:TUllN l"H£ O~GINAI-Mf.')Sl\GE TO US ATTH£ A~t.>VJiA.PPRESS VJ...o. Tl!$ US l'OS"l'Al-Sf!IWICE. THANK YOU Oec-Z0-99 01 :44pm From-RUTAN & TUCKER LLP, l\TTOKNfYS /\T L/\VI/ "PAKTNfa5111P lrcCUJOINC PROFESSIONAi COllP~R/\TIC>N> .. IJ ANTON 11\)uL[VAl<O. rouRHENln FLOOR 1.'.0Sll\ Mf)J\, I ALltUKNll\ ~~uo0lno D1RfCT llll MAIL TO PO>T C1ff1L"f ~w. 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'"""'"'~", .... ,n .. 1tviol t w,.,..,Q••"'' ~.C"l'•OC ~h¥1\1c4.I "o".~"""' ~tin Ci'n-09 ... M.AIU NI CU41\•Hn I. MiMll''" '"""" '"Vf'r'ln""" JA•l'llC TAYl.\lll MCc• Du~i.:t Ontl. {714) 641-3441 f ·m:ill· JO<krrn11n@r11~n com December 20. 1999 VIA f ACSL1"1LE Emie Schnt!~tlc:r, E.x.c::cuti ve Director Hunsaker & Associates Three Hu~hi;:s lrvmt:, CA 92618-2021 T-126 P.02/12 F-767 "'""•"• "'J~vn MnlM '-&.A1f0" lhVri..4J ~ .. ~~ .. ,l, n111.,.-..,.l"ll~•tr-. """'K.ftoUIDW'lllt .. ..n'"" .. "·.,,c .t .. ,,, ........ U.\.I.> Jn-•• ,.,, ""'(A "'' Ut41'1M "JM•~"'WM .JllMi,, .. "' ..... o.., .,111,.... •• "\'~'· • ..,..,4 .. ~M~"' Jf•llW\""¥\Aln\•,..t.A ;tl•r'l•rl" ""'It-1rc;. .. ,,, .... U&,..Q,L t. '"~Tc:Jt. ,('•l•f •J c;,.,." ..... c. .. ·~ W ~Ol'ICN,..00,U. """Iii\" •'-'""""'' Ou~~J Cuoof'tCtO,. "'""n"' '"'" >Ol'"-C• A V\olll,..V, ...... TJC~A IM...,_.obU ru~•":i-" P..."'•~·•r;,.., iu r'6"\CION·~'" T001o10 .. ,,.,,,, j'l., .. ,h ... ~ .. 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Pur$u.i:inl to our meeting on December 14, 1999, at South Coast Meiro Ce.nter offices, J ha\le drafted rhe enclose<! Agreement th~t, if approved by OSCD, would allow eR.EtSouth Coast to ·build a parking structure over OCSD's inactive sanitary sewt!f line. Copies of this letter and the ~closed Agreement are being sent concurremly to Edward Cook and Rob Vogel If any of the three of you have any problems with the document, please lc::t me know. Otherwise, my uncterstanding is lhat you will subnut the draft Agrei:mt!nt as quickly as possible to Blake Anderson at OCSD for his rl;!v1ew. Coinc1clenrly. OCSD·s auomeys ate the same attorneys that have been ht!lping the City on the freeway dedications and Pevelopment Agrtement Estoppel. lf you think. that Blake Anderson is going to ask for legal review of the Agreement before OCSP slgns ir. please let me: know and I will submn the document directly to attorney Tom N.ixon for his revit:w ( witl1 a bnef explill'lation) Exhibits A and C still need to be filled in. Exlllbit A is the legal description for the legw lot(s) on the Sol.lth Coast Me!tro Center propeny on which the parlo.ng structure will be loci:ned My understanding is th'1t this includes Lot 6 and Areas 7 (currently ground lei:ist:U to the 555 Anton buildmg owner) and 17 A. ls there a legal description cu.mmtly available for this consohdared area? If so, 1 would appreciate it if you could gcncraw the Exhibit. (ln mis n:gard, Adam Volkert "dvise<l mt: that the City just signed off on the lot line acljusim.enr that creates a separate legal lot out of Area 17A. so we do appear to be dealing with three legal lots.) As you know. BRE does not currently hold the ground lease for Ari::a 7 and it is not in a position w execute or record the: "build~over" A.greeme!lt uwil n ~loscS escrow on the Area 7 transfer with I 1211>1 S69~(l003 ~ln'H OJ .. 1:?12Ui~~ Dea-20-99 01 :44pm From-RUTAN A TUCKER LLP, lL[rAN aicKER~ ,. • t ""." t ... ,,. ' i. ~- Ernie Schneider December 201 1999 Pagc2 + T-\26 P.03/12 F-767 the 555 Amon building owner. lf at all possible, however, we should get OCSD to approve the ''build-over" Agreement prior to the closing date so that we can e~cute anJ. record the documcnr at lhal time and not hold up the City's issuance of lht: building permit for the parking structure. The other blank exhib1t is Exhibit C, which should be a depiction (b~eQ. ~pan the best mformanon currently nvni1'lble) of the pon:ion of OCSD's easem\!nt which will be co"ered by th., planned parking structure I ass~me that this drawing (which do.;;s not need ta be prectse or to scale) can also he prepared and inserted in )'OL.l! oftice. Thanks for your assistance. After you have spoken to Blake AnQ.erson about the concept of lhe .. bllild-ovcr" Agreement and shared the en.clo:>i:d documem wnh him, p lease let me know what his reaction is. If you would like mt: to participate. in that conversation, l would be happy to do so JMO:mm Encl. cc (w/~ncl.). b;dward Cook. Rob Vogel Phillip Schw~t: Adam Volkert , :2101 a~~ ... ooo; l +69$ UI ~11JJU1\I~ Very truly yours, RUT AN & TUCKER, LLP ;JJ~~ D~a-20-99 01:45pm From-RUTAN l TUCKER LLP, RECORDING REQLTESTED BY AND WHEN RECORDED RETUm TO: BRE/South Coast LLC and McCarthy Cook & Co. --South Coast Metro, LLC c/o McCarthy Cook & Co .• LLC Wilshire Courtyard 5750 Wilshire Boulevard Los Angeles, CA 90036 Attn: Edward W. Cook, m and Thomas McCarthy t T-J26 P.04/12 F-767 (SPACE ABOVE nns l.INll FOR RECOIU>f!ltS LISE) AGRE.EM.ENT CONTAINING COVENANTS AFFECTING REAL PROPERTY THlS AGREEMENT CONTAINING COVENANTS AFFECTING REAL PROPERTY (hereinafter, the "Agreement") is entered into to be effective as of the __ day of ------· 2000, by and between the ORANGE COUNTY SANITATION DISTRICT, a California public agency ("OCSD"), and SR.E/SOUTH COAST LLC, a Delaware limited liability company, and McCARTHY COOK & CO. -SOUTH COAST METRO, LLC, :! California limited liability company (collectively~ "BRE"}. RECITALS A. BRE is lhe ground lessee of that certain real property located in the City of Costa Mesa, County of Orange, State of California, consisting of a ponion of the South Coast Metro Center and more particularly described in Exhibit A attached hereto and incorporated herein by this reference (hereinafter, the ''Property"). B. OCSD bolds an apll.roximately twenty (20) foot wjde easement for sanitiuy sewer an4 incidental pUiposes over and across a portion of the .Property and other adjacent real property as more particularly described in that cenam Grant of Easement recorded on November 9, 1964, in Boole 7295, Page 63, of the Official Records of the Orange County Recorders Office (hereinafter, the "Easement"). OCSD currently owns and maintains an approximately 15-inch diameter subterranean sanitazy sewer pipeline (''Pipeline11) within the Easement. · C. BRB has request~d authorization from OCSD to construct and mainrain a parking structure and related facilities (hereinafter, the ".Parking Structure") over and upon a portion of the Easement in the approximate location as described in Exhibit C attached hereto and incorporated herein by this reference, as said area m~y be revised in accordance with Paragraph l oft.his Agreement (hereinafter, the "Parking Structure Portion of the Easement Area"). D. The portion of the Pipeline on the Property was consiructed to serve the Propeny only; howe'i'er, the Pipeline is currently inactive and of no use to BRE, the Propeny, or OCSD. ll211)1801)6..()()()3 llokll 01,.)21.?0/911 Dec-20-99 01:45pm From-RUTAN l TUCKER LLP, + T-126 P.06/12 F-767 AGREEMJ;NT NOW. THEREFORE, in considt:ration of the above recitals and the covenants hereinafter contaiued, OCSD ancl SRE agree as follows: l. BRE's Right ro Construct an.d Maintain Parking Structure Over and Upon the Parking Srrucrure Portion of the Easement Area. OCSD hereby granrs to BRE the rig.ht to construct, m'1.intiiin, repau, reconstruct, and replace (as applicable) the Parking Structure over and 14pon The Parking Sm.icture Ponion of tllt: Easement Area. In consideration for said grant of rights to BRE. BRE covenants to take such steps ~ my be reasopably required by OCSD to p!event a failure or collapse of the P1pelme or the senlemenr or subsidence of 4in in or around the Pipelin~ in cnnJ11nr.t1nn with the COtlStruction and maintenance of the Parking Structure w1thin the Parking Structure Ponion of the Easement Area, which steps include tilling the Pipeline with sand or similar matenal if required by OCSD. Notwithstanding Recital C and Exhibit C to this Agreement, it is understood that the .Parking Structure Portion of the Easement Area shall mea.u the portion of th~ Easement upon and over which tht: .Parking Stri.icture is actually constructed and ma.intained. In the event of imy co.ntlict between the actual location of the Parlong Structure Pomon of the Easement Area as reflected on Exhibit C 10 this Agreement and the location of the Parking Structure Portion of tht: Easement Atea as actually constructed and detemune<! ill accordance with th.ls Paragrapb l, the language in this Paragraph l shall control. 2. Release and Indemnification. B.RE hereby releases OCSD from imy obligaiion that OCSD might have in the absence of this Agreement to maintain, repair, reconstruct, replace, or operate the Pipdine within the Parking Structure Area of the Easement. BRE shall defend. 1ndemn1fy, and hold harmless OCSD and its elected. and appointed boanls, officc::rs, ag1mts, and employees from and against any and all claims, liabilities. and losses of any nature whatsoever for personal injury or death or dama~e to th!! .Property, the Parking Structure. and the Pipeline an:s111~ our of or m any way connected with BRE's construction, maintenance, repair, reconstruction, cmd replacement (as necessary) of the Parkmg Structure m 'the Parkm.g Structure Portion of tne Easement Area, including without limitation any claims, liabHiti~s. and loss~s arising out of any failure or collapse of or damage to the Pipeline. The aforesaid indemnity obligation shall apply regardless of the fault or negligence of the indemnitor or indemnitees, exceptmg only that said indemnity obligation shall not apply if the claim, liability, or loss arises out of the sole, active negligence of the indemnitee(s}. 3. Successors and Assigns. Tiu.s Agreement and the covepants made herein shall inure t0 the benefit of ancl shall be binding on the successors, assigns, heirs, and legal representatives of the part1es hereto. Upon termination of BRE's ground lease (as the same may be amended from time to time). the reversiona:ry fee owner of the Property shall haw the right to succeed to BRE's righis and obljgarioos set forth herem by entering into a written assumption agreement with OCSD in fa.an and content reasonably approved by OCSD. Upon the trmsfer or assignment by BRE or any of its successors, assigns, heirs, or legal representatives of its or their leasehold interest in the Parking Structure Portion of the Easement Area. the rignts and obli~alions of BRE or such Transferee hereunder automatically shall be transferred and assigned "nd lhe transferor or assignor shall be released from any funher obli~atious hereunder. c 1.:!1u1~i.>10.uuul ~.!V1'.illl~ Jl~'~UN'J Oec-20-99 01 :46pm From-RUTAN & TUCKER LLP1 + T-128 P.06/12 F-767 4. Covenants to Run. The parties hereby covenant and agree that tbis Agreement shall run with the land and be binding upon themselves and their respective successors, assigns, heirs, and legal representatives and shall continue Ul effect for so long as the Parking Structure remains over and upon the Parking St.nicture Ponion of the Easement Area. This Agreement shall be recorded against the Property in the records of the Recorder of Orange County. 5. Entire-Agreement; Modifications in Writing. Th.is Agreement constitutes the entire un.4erstanding and agreement of the parties with respect to the subject matter set forth ht:rein and supersedes all previous negotiations, discussions, and agreements between the parties with respect to all or part of the subject matter hereof This Agreement may be terminated or modified only by a written agreement executed by the parties hereto, or by their respective successors .in interest. IN WITNESS WHEREOF. each of the patties has executed this Agreement on the date first above written above. APPROVED AS TO FOru.-!: WOODRUFF, SPRADLlN & SMART Thomas L. Woodruff Thomas F. Nlxon Auorneys for Orange County Samtation District (SIGNATURES CONTINUED] 112101¥"96-000J ll11•9 OJ ~\.!i:?Ut9!1 ORANGE COUNTY SANlTATION PlSTRICT Donald f. Mclntryre Genenll Manager BREISOUTH COAST LLC -3- Ddc-20-99 01 :46pm From-RUTAN & TUCKER LLP, l l:UlllKDllb-0003 3lt>llU ti I w.1212CW9 t T-126 P.07/12 F-767 McCARTHY COOK & CO.w SOUTH COAST METRO, LLC Dea-Z0-99 01:46pm Fro~·RUTAN & TUCKER LLP, + T-126 P.08/12 F-TST STATE OF CALIFORNIA ) ) SS. COUNTY OF ) On before me. a notl:l!Y public, personally appea!ecl ------------------------personally kn.awn to me (ot proved to me on the basis of satisfactory evidence) to be the person whose! name lS subscnbed to the within instrument and acknowledged 10 me that he/she executed the same in his/her authorized capacity, and that by his/her signature on the instrument tht! persoll:. or the entity upon behalf of which tlle person acted. executed the mstrument. WITNESS my hand and official seal. By: ___ ~----------------~. Notary Public STATE OF CALIFORNIA ) ) SS. COUNTY OF ) On ,before me, a notary public, personally appe~ea ------------------------personally l..-nown to me (or proved to me on the basis of satisfactory evidence) to be the person whose name 1s subscribed to the within insttument and aclmowledged to me that h~/she ext!c1.ned the: same in his/her authorized capacity, and that by his/her signaru.re on the instnunent the person, or the entity upon behalf of which tht: person acted, executed th" instrument. l)2JO l d°'6-0003 ~20SMI ~llt.l0"99 WITNESS my hand and official seal. By: ~-------------------~ Notary Public -5- Oec-20-99 01 :46pm From-RUTAN & TUCKER LLP, + T-1ZS P.09/12 F-767 STATE OF CALIFORNIA } ) SS. COUNTY OF ) On before me, a notary public, personally appeared ------------------------personally known to me {or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in lus/her authorized capacity, and that by his/her signature on the instrument the person, or the entity upon behalf of which the person acted. executed the iosnume1:n. 11210 J 869!>-0003 ;1261!1 01 ~l2f.l0/99 WITNESS my hand and official seal. Notary Pub1ic -6- Oec-20-99 01 :46pm From-RUTAN & TUCKER LLP, + EXHIBIT A LEGAL DESCRlPTION OF THE PRO.PER TV 112/01S696-000) l26J901 A1'.!ll0i99 (to be inserted] -7- T-126 P.10/12 F-767 Dec-20-99 01:4Spm From-RUTAN & TUCKER LLP, + T-1ZG P.11/12 F-767 EXHIBITB DESCRJPT10N OF THE EASEMENT That certain real propeftY siniated in the City of Costa Mesa, County of Orange, State of Californi~. more particularly described as follows: A portion of Section 36, Township 5 South. Range 10 West, S. B. A pc:nnantmt easement over the Easterly 20.00 feet of the Westerly 1418.96 feet of that portion of Section 36, Township 5 South. Range 110 West, in the land allotted to James McFadden lll Decree of PartitioTI of the Raucho Santiago de Santa Ana. recorded in Book S of Judgments of the Seventeenth Judicial Pistrict Court of Los Angeles County. Califomi~ located in the County of Orange, State: of Califon:ua, described as follows: Begm.ning at a point on the North line of Lot 4 of the Berry Rancho~ as per map recorded in Boole 9, page 7 of Miscellaneous R.eeorQs, m the office of the County Recorder of said Los Angeles Cowity, South 89a 51' East 215.00 feet from the Nonhwest corner thereof; lh~~ce North 0° 26' East, 24.95 feet to a fence comer as described in Parcel 3 in the 4eed to Santa Ana Sugar Comp~y. a corporation, recorded February 47 1918, in Book 318, page 1 of Deeds of said Orange County; thence North 0° 03' fast, 2640.70 feet along fence line~ described in Parcel 3. in said deed TO the South line of the lane! conveyed to H. H. Wakeham by dee4 recorded in Book 124 page 88 of Deed$, of said Los Augeles Coimty; thence South g9a 41' 1 S'' East 3884.20 feet along the said South line to the East quaner comer of said Section 36; thence South 0° 39' 45" West, 713.20 feet along the East line of said Section to a point North 50° West, 80.00 feet from tbe Nonnwesterly line of the Irvine's Subdivision, as per map recorded in Book l, page 88 of Miscellaneous Maps, in the office of the CoUllty Recorder of said Orange County; thence SQuth 39° 48' We!!t, 2531.57 feet along a line parallel with ancl Nonb 50° Wes~. 80.00 feet from the Northwesterly line of s2Ud !rvine's Subdivision, to the North lin~ of said Lot 4; thence North 89° 51' West, 2259. 70 feet along ilie said North line to the point ofl:>eginning. llW18096-0003 l268fi,()) ;l(2/2~ Dec-20-99 01:48p11 Frcm-RUTAN l TUCKER LLP, + T-126 P.12/12 F-T67 EXHIBITC DEPICTION OF PARKING STRUCTURE PORTION OF THE EASEMENT AREA 112t01i6~6-000l 320a9 Ol a~:?f.?IW!I [to be inserted] -9- Pl.J.NNING £NGINEERING SURVEYING GOVERNMENT RELATIONS IRVINE LAS VEGAS RIVERSIDE SAN DIEGO RICHARD HUNSAKER TOM R, McGANNON JOHN A. MICHLER DOUGLAS G. SNYDER Three Hughes Irvine, CA 92618-2021 (949) 583-1010 PH (949) 583-0759 F X HUNSAKER &ASSOCIATES Ernie Schneider Executive Director I R V I N f, I N C. November 19, 1999 Mr. Edward W. Cook Ill MC CARTHY COOK & CO. LLC Wilshire Courtyard 5740 Wilshire Boulevard Los Angeles, CA 90036 Dear Edward: This is in response to your request for the following: '- 1. Condition of Approval to construct parking structure over an existing 54-inch storm drain. 2. Costs associated with abandoning the existing 15-inch sewer and easement across your leasehold to Anton. 3. Acreage and compensation paid to O.C.S.D. associated with the 1964 condemnation action. With regard to Item No. 1, we will be able to construct the parking structure over the existing storm drain if we place no surcharge on the storm drain. How that feature is designed is up to us. The City will require an encroachment permit and an agreement with the following conditions: 1. Indemnification. Owner shall defend, indemnify and hold harmless City and its elected and appointed boards, officers , agents and employees from an against any and all claims or liabilities of any nature whatsoever for damage to property or persons, including death, regardless of the negligence of the indemnitor or the indemnitee, except for the sole, active negligence of the City, arising out of or in any way connected w ith: a. The connection, use, construction, maintenance or operation of said Laterals; b. Rain or surface water, including any type of pollutant contair:ied therein.1 deposited or retained upon the Property due to any failure of the Laterals or the public storm drain system to function as planned and/or intended; c. The discharge of any type of pollutant from the Property to the City's storm drain facilities, which drainage is not in compliance with the requirements of the Water Quality Management Plan; and Mr. Edward W. Cook Ill MC CARTHY COOK & CO. LLC November 191 1999 Page 2 d. Any failure or collapse of or damage to the City's storm drain facilities over which the said Structures are constructed or which are located in the vicinity of such Structures. In the event of any such failure, collapse or damage, Owner shall, in addition to defending indemnifying and holding the City harmless, reimburse the City for all its costs, direct and indirect, to reconstruct said storm drain facilities. 2. Maintenance Agreement. Owner shall repair, maintain and replace, when reasonably necessary at the City's sole discretion, those storm drain facilities of the City, including, but not limited to, the existing 54- inch Reinforced Concrete Pipe storm drain, wherever building structures on the Property are constructed over them. This repair and maintenance obligation shall include said Covered Storm Drainage Facilities and their extension for 20-feet beyond the footprint of any building or structure. 3. Screenwalls. Wherever screenwalls are located within or immediately adjacent to the existing public storm drain facilities on Property, Owner shall bear the cost of reconstructing the alls in the event the City removes them or they are damaged due to the City's maintenance operations on the public storm drain facilities on the Property. 4. Water Quality Management Plan Requirements. Owner shall implement and comply with all Best Management Practices and other requirements set forth in the City-approved Water Quality Management Plan. 5. Successors and Assigns. This Agreement and the covenants made herein shall inure to the benefit of and be binding on the successors, assigns, heirs and legal representatives of the parties hereto. 6. Covenants to Run. The parties hereby covenant and agree that this Agreement will run with the land and be binding upon themselves, their successors, assigns, heirs and legal representatives and shall continue in effect for so long as (1) the Laterals remain connected to the City's storm drain system, (2) the Owner's structures remain located on or in the vicinity of the City's storm drain facilities; and/or (3) the Water Quality Management Plan remains in effect. The burden of the covenants herein shall be on the Property, and th~ benefits shall run in favor of the City, This Agreement shall be recorded in the records of the Recorder of Orange County. 7. Assignment. Owner may not assign its rights and obligations under-this Agreement without prior written approval of the City, which approval shall not be unreasonably withheld. Upon assignment, Owner will remain secondarily liable as a surety and guarantor. Mr, Edward W. Cook Ill MCCARTHY COOK & CO. LLC November 19, 1999 Page 3 With regard to the cost to fill the 15-inch sewer line with sand, the following applies: Distance from freeway to centerline of Anton 826-feet at $3.10/foot. ............................................................................. $ 7,936 Four manholes at $1,260 each. Total $ 12.976 By easement granted September 301 1964, the Orange County Sanitation District paid for the following: To Roy Katsumasa Sakioka and Tomio Sakioka To Jack Toshiki and Johnny Katsui Sakioka, the remaining amounts necessary to bring the total to $17,500, the payment of said remaining amounts being apportioned as follows: $ 798.75 For the temporary easement along the 400-foot strip .easement $ 116.00 For the 400-foot permanent easement, less that previously granted to the State, which totals .019 of an acre $ 237.50 .. For the temporary easement described as Parcel 4-TA and containing 1.597 acres, in Action No. 123943 $ 1,197.75 For the permanent easement described as Parcel 4-P in Action No. 123943, containing 1.212 acres $J5J5-0.UO TOTAL payment to Jack Toshiki Sakioka and Johnny Katsui Sakioka $16,701 .25 TOTAL payment by the District in accordance with the agreement $.U,5.QO.QQ Please advise should you require additional information. Sincerely, HUNSAKER & ASSOCIATES IRVINE, INC. ~~ Ernie Schneider Executive Director ES:th Xe: Robert S. Vogel, Renaissance Partners (f\c\es\mccarthy cook L2-es.doc) Jim Smith From: Sent: Winsor, Chuck [CWINSOR@OCSD.COM] Thursday, May 27, 199911:27 AM 'Jim Smith' To: Cc: Ludwin, David; Stewart, Doug; Chaudhry, Corina; Woodruff, Tom; Cavanaugh, John; Yoost, Paula Subject: RE: South Coast Metro Sewer Easement Quitclaim Jim, I have briefly spoken with our General Counsel, Tom Woodruff. He reiterated to me that OCSD has a policy that we cannot quitclaim an easement for free back to the original fee property owner. We have to get remuneration from the property owner prior to or concurrent with the quitclaim process. Your earlier correspondence indicated that the property owner wanted to pursue the Issue of granting to OCSD a letter which would hold OCSD harmless tor any potential problems with an abandoned (not filled with slurry/grout) sewer after the quitclaim. Now you indicate that the owner would rather pursue the quitclaim by agreeing to fill the abandoned sewer with blown-in sand rather than sand·cement slurry/grout and not deal with the hold harmless letter at all. I have two statements concerning this. One, only our Board of Directors can quitclaim an easement. We have to agendize a quitclaim agreement or a simple quitclaim for this sewer before we go to the Board. This agenda process has to start about one month In advance of the next Board meeting to achieve all the approvals including Engineering Manager, Director of Engineering, General Manager/Board Secretary and General Counsel. The very earliest we could possibly do would be approval at the July 21 , 1999 Board Meeting, but that appears very unlikely because we still have to resolve payment issues for the easement. It is more likely that we could make the August 25, 1999 Board Meeting. The second statement concerns satisfying staff and our General Counsel regarding the District policy for quitclaiming sewers. I have found the September 1964 documentation that granted the easement to OCSD (CSD 7 at that time) in the first place. The easement was granted after settling an eminent domain lawsuit, wherein the District had to pay $15, 150 for one parcel and $273.00 fo.r another parcel. This was paid to the Sakioka family who now want the parcels quitclaimed. Our General Counsel, Mr. Tom Woodruff, Is going to have to advise staff regarding the minimum acceptable payment to the District for quitclaiming the sewer. I would think it would be at least the amount of money that the District first paid for it, in addition to the requirement to plug the existing sewer af two ends and fill the rest up with either sand or sand-cement slurry/grout Please fOtward this information to the owner. We may nave to have a meetihg with General Counsel to resolve this issue. Thanks. --Chuck Winsor -Original Message- From: Jim Smith [mailto:JSmith@hunsaker.com} Sent: Tuesday,. May 25, 1999 8:16 AM To: 'cwinsor@ocsd.com' Cc: Ernie Schneider Subject: South Coast Metro Sewer Easement Hi Chuck The folks at South Coast Metro would like to proceed with the abandonement of the 15" sewer by removing manholes and filling the entire sewer with sand in lieu of cement slurry. They would like to initiate this process as soon as possible. How do we initiate this action and complete the work? Please respond as soon as posslble so we can do the work Thank you. Jim 1 PLANNING ENGINEERING SURVEYING GOVERNMENT RELATIONS IRVINE LAS VEGAS RIVERSIDE SAN DIEGO RICHARD HUNSAKER TOM R, McGANNON JOHN A. MICHLER HUNSAKER &ASSOCIATES I R V I N E. I N C. May 12, 1999 Mr. George Sakioka SAKIOKA FARMS 14850 Sunflower Avenue Santa Ana, CA 92707 Subject: Dear George: Sewer Abandonment Issue -Update South Coast Metro Ernie Schneider Executive Director This letter is to update you on the sewer abandonment issue for South Coast Metro, as well as your property. The following have recently changed since our last communication: • • • The 555 Building has terminated the use of the sewer for the parking garage restroom. We believe that since the sewer connection has been terminated, filling the sewer line with sand instead of cement w ill be acceptable to the Orange County Sanitation District (OCSD). This significantly reduces the cost of the abandonment. Please refer to our May 51"' letter to OCSD and our revised cost estimate (copy attached). Please advise should you wish to initiate the filling of the pipe with sand. Thank you. Sincerely, HU NSAKER & ASSOCIATES IRVINE, INC. ~ Ernie Schneider Executive Director DOUGLAS G. SNYDER ES:fh cc: Edward Cook, Ill McCarthy Cook & Co. LLC Robert Vogel, McCarthy Cook & Co. LLC Three Hughes W. Q. 2314-1 Irvine, CA (f\c\2314\1 L1 0-es) 92618·2021 (949) 583-1010 PH (949) 583·0759 FX PLANNING ENGINEERING SURVEYING GOVERNMENT RELATIONS IRVINE LAS VEGAS RIVERSIDE SAN DIEGO RICHARD HUNSAKER TOM R. McGANNON JOHN A. MICHLER DOUGlASG. SNYDER Three Hughes Irvine, California 92618-2021 (949) 583-1010 PH (949) 583-0759 F X www. hunsaker.com HUNSAKER &ASSOCIATES I R V I N E, I N C. May 5, 1999 Mr. David A. Ludwin Director of Engineering ORANGE COUNTY SANITATION DISTRICT Post Office Box 8127 Fountain Valley, CA 92728-8127 Subject: South Coast Metro Sewer Easement Dear Mr. Ludwin: The purpose of this letter is to follow-up on your letter to Ernie Schneider of our office, regarding the abandonment of the 15-inch sewer that crosses the South C.oast Metro Property in the City of Costa Mesa .. As you know, the existing sewer line was constructed generally in a north-south in an easement to Sakioka farms from Sunflower Avenue to the 405 Freeway. Originally, the entire property was farmed but now the South Coast Metro Center occupies the southerly portion of the easement between Anton and the Freeway. Both the farming interests and the lease-hold operators of the South Coast Metro Center prefer to complete the sewer abandonment construction when the work is lease disruptive to the operations of their respective business·es. On behalf of both McCarthy-Cook (South Coast Metro Center) and Sakioka Farms, we request that the Sanitation District's consider the following alternative abandonment conditions: 1 . That abandonment of the sewer be completed as a separate issue for both parcels. 2 . That abandonment of the southerly portion be allowed after the operator of the parking structure for 555 Anton terminated use of the sewer for the restroom that occupies the parking structure. The southerly sewer outlet of the most southerly manhole would be plugged at that time. 3. That the Sanitation District quitclaim the easement back to the property owner in exchange for an agreement to "hold harmless" the Sanitation District in regard to any liabil ity arising out of the existence of the sewer. Mr. David A. Ludwin Director of Engineering ORANGE COUNTY SANITATION DISTRICT May 5, 1999 Page 2 If you agree with our proposal, we suggest a meeting would be appropriate in order to work out the details of the agreement. Please call the undersigned at (949) 458- 5454 or Mr. Ernie Schneider at (949) 768-2594 if you have any questions. Very truly yours, HUNSAKER & ASSOCIATES IRVINE, INC. James H. Smith, P.E. Manager, Public Works Department JS:tl:tj w.o. 2314-1 (f\c\wo\2314\ 1 LS-Jhs.doc) PLANNING ENGINEERING SURVEYING GOVERNMENT RELATIONS JRVINE WVEGAS RIVERSIDE SAN DIEGO RICHARD HUNSAKER TOM R. McGANNON JOHN A. MICHLER DOUGLAS G. SYNDER Three Hughes Irvine, CA 92618-2021 (714) 583-1010 l'H (714) 583-0759 FX HUNSAKER &ASSOCIATES I R V I N E, I N C. April 20, 1999 Mr. George M. K. Sakioka SAKIOKA FARMS 14850 Sunflower Avenue Santa Ana, CA 92707 Subject: South Coast Metro Sewer Easement Dear George: Ernie Schneider Executive Director The purpose of this letter is to bring you up-to-date, regarding our January 5; 1999 request of the Orange County Sanitation District (OCSD) to quitclaim an easement granted to them for a 15-inch sewer across your property and the Soutti Coast Metro Center. At the request of OCSD staff we have: 1) Inspected the 15-inch sewer from Sunflower Avenue to the Caltrans right-of-way for the 405 Freeway, a total distance of approximately 2,275 linear feet. The OCSD received a copy of the videotape and the written report by California Pipeline Inspection (CPI). • CPI performed the videotape inspection in February between the 2"d and the 41". • One active service lateral was discovered approximately 109 feet upstream of the most southerly (downstream) manhole. The location would be adjacent to an existing parking structure. The connection is directly to the mainline pipe rather than at a manhole as required by the OCSD. • Water in the sewer upstream of the service lateral appears to be the result of groundwater infiltration .at broken joints in the sewer main. • The videotape showed the sewer had construction debris from the time the sewer was constructed, more than 35 years ago. 2) The Costa Mesa Sanitary District (CMSD) was contacted in regard to permits issued for any service connection to the sewer. The CMSD has no record of the service lateral connection to the 15-inch sewer. 3) The operators of the South Coast Metro Center were contacted in regard to active plumbing fixtures in the parking structure. The operators indicated there is one janitor restroom located in the parking facility. We understand in order to abandon the entire 1 5~inch sewer, the service lateral for the restroom would have to be connected to a service lateral from the sewer system in Anton, or the restroom would have to be abandoned. We have prepared legal descriptions for the sewer easement for both the Sakioka Farms parcel and the South Coast Metro parcel; said legal descriptions to be used by the OCSD in preparation of the quitclaim deed. We also have title reports for both parcels. OCSD has stated that they will relinquish the 20-foot easement and the rights to the 15-inch diameter sewer line, if we agree to the following: Mr. George M. K. Sakioka SAKIOKA FARMS April 20, 1999 Page 2 • remove the tops of existing manholes three feet below finished grade and backfill the remaining pipe (approximately 2,000 feet) with sand/cement slurry, • all work associated with this task will need to be inspected and approved by an OCSD inspector. We estimate that the cost to perform the work requested by OCSD will be between $40,000 to $50,000. Other alternatives to doing what OCSD requests include: • reconnecting the sewer serving the parking structure to another sewer line; • reconnecting the sewer to another sewer line as a part of the development of the property; • crushing the pipe in its current focation (could be completed with future construction); • totally removing the pipe (could be completed with future construction); and, • reconstructing the restroom in the parking structure in a location where we can tie into another sewer line. We have neither investigated, nor prepared cost estimates for any of the above alternatives. There is no point proceeding with the abandonment process without agreement to commit the funds necessary to meet the districts requ irements. Therefore I will wait to hear from you before proceeding further. Please call (949) 768-2594, if you have any questions. Thank you. Hz~E~ & ASSOCIATES IRVINE, INC ~. Ernie Schneider Executive Director ES:wp Enclosures xc: Jim Smith, H&A Edward Cook, McCarthy & Cook Rob Vogel, McCarthy & Cook w.o. 2314-1 (f\c\wo\2314\1 L7-es) PLANNING ENGINEERING SURVEYING GOVERNMENT RELATIONS IRVINE LAS VEGAS RIVERSIDE SAN DIEGO RICHARD HUNSAKER HUNSAKER &ASSOCIATES I R V I N E. I N C. January 29, 1999 Ms. Cheryl Bartz Vice President/Project Manager CALIFORNIA PIPELI NE INSPECTION 8032 Westman Avenue Whittier, CA 90606 Subject: South Coast Metro Center CCTV Inspection of Sanitary Sewer In Costa Mesa Dear Ms. Bartz: The purpose of this letter is to authorize the work outlined in your letter to the undersigned today. The work provided includes: • A color video tape of approximately 2,000 to 2,200 linear feet of 10-inch diameter sanitary sewer, owned by the Orange County Sanitation Districts (OCSD). The sewer is located between Sunflower Avenue and the 405 Freeway, and just east of Sakioka Drive; • An audio description on the tape of the seweri • A diskette on the ''Line View Data Dump" format and a summary report. The work will be performed at a hourly rate of $150 per hour for all time spent on the work. We will budget eight (8) to ten (10) hours for the work. We understand, that you are under contract to the OCSD for video work and that they have authorized you to proceed on this work as part of their contract, and that the OCSD has authorized you to acquire water from the local fire hydrants for your work at no charge to Hunsaker & Associates Irvine, Inc. (H&A). CPI will invoice · H&A directly for the work. Please reference the South Coast Metro Center on your invoice. We understand, that you are scheduled to start work at approximately 7:30 a.m. on Tuesday, February 2, 1999, and complete the video work that day, and that a copy of the video tape will be sent within two days to H&A. If you have any questions, please call me directly at (949) 458-5454. Very tru ly yours, HUNSAKER & ASSOCIATES IRVINE, INC. trv1ne, California 92618-2021 JS:tj (94S)583-1010PH W.O. 2314-1 Cf\c\wo\2314\1 LS.js.doc) (949) 583-0759 F X www. hunsaker.com PLANNING ENGINEERING SURVEYING GOVERNMENT RELATIONS tRVJNE LAS VEGAS RIVERSIDE SAN DIEGO RICHARD HUNSAKER TOM R. McGANNON JOHN A. MICHLER DOUGLAS G. SYNDER Three Hughe> Irvine, CA 92618-2021 (714) 583-1010 PH (714) 583-0759 FX HUNSAKER &ASSOCIATES Ernie Schneider Executive Director I R V I N E, I N C. November 1 3, 1 998 Mr. Edward Cook MCCARTHY COOK & CO. LLC Wilshire Courtyard 5750 Wilshire Boulevard Los Angeles, CA 90036 Dear Edward: Th.is is to provide you a status report, regarding our efforts to have the Orange County Sanitation District (OCSD) abandon the 20' easement, across the South Coast Metro Center property. H&A sent a letter dated, October 26, 1998, requesting the District to "Quit Claim" the easement to the underlying fee Owner (copy attached). Subsequent to that letter, the District reports that they are preparing a response to us, regarding the issue. Basically, their response will indicate that they are not sure, if the sewer is active or dry. While they have no record of the sewer being active, they also have no evidence that it is dry. They also do not know if the Costa Mesa Sanitary District (CMSD) has tied into the sewer. Their letter to us would require the following be undertaken, prior to the "Quit Claim" being approved by their Board of Directors: • • On-site meeting with OCSD and CMSD staff, to locate manhole for inspection purposes. Since the manholes were not visible the last time OCSD staff visited the site, we will need to review the sewer improvement plans and have our surveyors pinpoint their exact location. Estimated costs for a survey would be $1,000 to $2,000. Improvement plans should indicate location of manhole. However, if the manhole has been paved over, then the removal of asphalt may be required. Estimated cost for a Contractor to remove asphalt, would be $500 to $1,000. As an alternative, we could consider performing the excavation on the undeveloped Sakioka property. That would not require asphalt removal. We will ouq~etlorm any...oitbis work..withOUL)!QULpdor_apprmral. Mr. Edward Cook MCCARTHY COOK & CO. LLC November 13, 1998 Pagel Once the manhole is located, OCSD staff can determine if the sewer is active or dry. If the sewer is dry, OCSD staff will agendize a 0Quit Claim" for execution, at the next scheduled OCSD Board of Directors meeting recommending approV'.al. On a related matter, H&A transmitted and sent a letter dated, November 2, 1998 (with your concurrence) to Mr. George Sakioka. Several days later, George called me to ask if we were also processing an abandonment of the OCSD easement for his (yet to be developed) property. · I indicated to George that we were not, but could, if he provided us with a title report or legal description of his property. George commented that he would send us the necessary documents, but to date, I have not received them. I will follow-up with another letter to George, since there appears to be some confusion regarding this matter. Should you have questions regarding any of the above, please call. Sincerely, HUNSAKER & ASSOCIATES IRYINE, INC. kc-' Ernie Schneider Executive Director ES:tj Attachments (f\c\McCarthyl 1.docl PLANNING HUNSAKER &ASSOCIATES I R V I N E, I N C. October 26, 1998 ENGINEERING Mr. David A. Ludwin SURVEYING Director of Engineering GOVERNMENT RELATIONS ORANGE COUNTY SANITATION DISTRICT Post Office Box 8127 1Rv1Ne Fountain Va lley, CA 92728-8127 LAS VEGAS RIVERSIDE SAN DIEGO RICHARD HUNSAKER TOM R. McGANNON JOHN A. MICHL.ER DOUGLAS G. SNYDER Subject: South Coast Metro Sewer Easement Dear Mr. Ludwin: The County Sanitation District No. 7 of Orange County (CSDOC) was granted a 20 foot wide easement across property owned by Misters J~ck Toshyki Sakioka and Johnny Katsui Sakioka. The easement was granted on September 30, 1964 on property now commonly known as South Coast Metro. We have included a copy of a recent ALTA survey map and a copy of the Grant of Easement for your information. We understand that subsequent to granting· the easement, CSDOC comtructed. a 15-i'nch sanitary sewer in the .easemen t and across the 405 .fri:ie..,~1ay .. riglit*of~way-. We further understand that although tlie sewer Wa!> ·con!>tru<.:ted, ·no . service. connectior.s have been.made to the sewer; therefore; the sewer is stili ·not u:.ed.:.-~ ··. In addition, we understand that because Caltrans proposes additional freeway construction in the area, the District's trunk sewer south of the 1-405 will have to be rel ocated and therefore1 the 15-inch sewer will never be used for sewer service at any time in the future. The owners of the South Coast Metro property plan additional construction 011 their property in the very near future. A portion of the construction would be ideally sited over the existing sewer easement if the property were clear of the sewer encumbrance. On behalf of the property owners1 Hunsaker & Associates Irvine, Inc. respectfu lly request that the OCSDOC Quit Claim the easement to the property owner so that construction can begin as soon as possible. Please call the undersigned at (949) 458-5454 if you have any questions. Very truly yours, HUNSAKER & ASSOCIATES IRVINE, INC. James H. Smith, P.E. Three Hughes Manager, Public Works Department lrvlne, Callfornla 92s1a-2021 JS:tl (949) 583-1010 PH xc: Ernie Schneider (949) 583-0759 FX W.Q. 2314-1 www. hunsaker.ccm (f\c\js \2314-1 L4.docl SUPPLEMENTAL AGENDA REGULAR MEETING OF THE FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITIEE ORANGE COUNTY SANITATION DISTRICT WEDNESDAY, JANUARY 12, 2000 • 5:00 P.M. ADMINISTRATIVE OFFICES 10844 Ellis Avenue Fountain Valley, California 92708 In accordance with the requirements of California Government Code Section 54954.2, this agenda has been posted in the main lobby of the Districts' 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. In the event any matter not listed on this agenda is proposed to be submitted to the Committee for discussion an.dlor action, it will be done in compliance with Section 54954.2(b) as an emergency item or that there is a need to take immediate action which need came to the attention of the Committee subsequent to the posting of the 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. 15. OTHER BUSINESS AND COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IFANY: a. Authorize consideration of Item 15 (b) listed below which arose subsequent to the posting of the agenda and which requires action at this time pursuant to authority of Government Code Section 54954.2(b)(2). b. FAHR00-07: Approve Consultant Agreement with Ictus Consulting, LLC for development of a District-Wide Records Management Program, Specification No. 9900-06, for an amount not to exceed $208,230. (Penny Kyle -5 minutes) H:\wp.dta\agenda\FAHR\FAHR2000\2000 Agenda\011200 Supplemental.doc STATE OF CALIFORNIA) ) SS. COUN1Y OF ORANGE ) Pursuant to California Government Code Section 54954.2, I hereby certify that the Notice and the Agenda for the Finance, Administration, and Human Resources Committee meeting to be held on ~ /&?, , ~was duly posted for public inspection in the main lobby of the District's offices on f}tt;,;uttt:ZJ-S.d /)?D, u ; ~- IN WITNESS WHEREOF, I have hereunto set my hand this $;:ti/ day of ?1'~' ,],,Jtltl, ~ Penny M. Kyl ecreta Board of Directors Orange County Sanitation District H:\WP .OT A \ADMIN\BS\FORMS\AGENDA CERTIFICATION-FAHR COMMITTEE.DOC December 7, 1999 DISTRIBUTION FAHR COMMITTEE MEETING PACKAGE Full Agenda Package Committee & Mailing List Donald F. Mcintyre Blake P. Anderson* Dan Dillon Marc Dubois Jeff Esber Steve Kozak Penny Kyte David Ludwln Greg Mathews Patrick Miles• Bob Ooten Lisa Tomko* Gary Streed Michelle Tuchman• Robert Ghirelli Mike White* Cagle, Brad Bob Geggie Patricia Jonk Lenora Crane File Extras Notices and Agenda Only 45 13 1 1 1 1 1 1 2 1 1 1 1 1 1 1 1 1 1 1 1 1 1 5 {for meeting hand-out, If necessary) 12 Posting 1 Jean Tappan 1 Anna Ubaldini 1 Frankie Woodside 1 Patricia Magnante 1 Janet Gray 1 Security 1 Extras 5 (for meeting hand-out, if necessary) Ron Zenk, Dist. 14 Treasurer=S Report Only c \\RADON\DATA 1 \WP.OTA \AOMIN\BS\FAHR\OISTRIBUTION_LISTFAHR.OOC phone: 1714) 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 Buens Park Cypress Fountain Valley Fullerton Garden Grove Huntington Beach Irvine La Habra La Palma Lo.s Alamftos Newport Beach Orange Placentia Santa Ana Seal Beach Stanton Tustin Ville Park Yorba Linda County of Orange Sanitary Districts Costa Mess Midway City Water Districts Irvine Ranah ORANGE COUNTY SANITATION DISTRICT January 5, 2000 NOTICE OF MEETING FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE ORANGE COUNTY SANITATION DISTRICT WEDNESDAY, JANUARY 12, 2000-5:00 P.M. DISTRICT'S ADMINISTRATIVE OFFICES 10844 ELLIS AVENUE FOUNTAIN VALLEY, CALIFORNIA 92708 A regular meeting of the Finance, Administration and Human Resources Committee of the Board of Directors of the Orange County Sanitation District, will be held at the above location, date and time. "To Protect the Public Hes/th and the Environment through Excellence 1n Wastewater Systems" FINANCE. ADMINISTRATION AND HUMAN RESOURCES COMMITTEE MEETING DATES FAHR Committee Meeting Dates January 12, 2000 February 9, 2000 March 8, 2000 April 12, 2000 May 10, 2000 June 14, 2000 July 12, 2000 No Meeting Scheduled September 13, 2000 October 11 , 2000 November 8, 2000 December 13, 2000 No Meeting Scheduled Board Meeting Dates January 26, 2000 February 23, 2000 March 22, 2000 April 26, 2000 May24, 2000 June 28, 2000 July 26, 2000 August23,2000 September 27, 2000 October 25, 2000 November 15, 2000 December 20, 2000 January 24, 2001 ROLL CALL FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE Meeting Date: January 121 2000 Time: 5:00 p.m. Adjourn: ----- COMMITTEE MEMBERS THOMAS R. SALTARELLI {Chair) ................................................ . MARK LEYES (Vice Chair) ........................................................... . SHAWN BOYD .••.••••••••••••••••••••••••••••••••••••••••••••••••••••••••...••••.••.....•..• JOHN M. GULLIXSON .................................................................. . SHIRLEY MC CRACKEN .............................................................. . MARK A. MURPHY ...................................................................... .. JAMES W. SILVA .......................................................................... . JAN DEBAY (Board Chair) ........................................................... . PEER SWAN (Board Vice Chair) .................................................. . JOHN J. COLLINS (Past Board Chair) ......................................... . OTHERS TOM WOODRUFF, General Counsel .............................................. . TOBY WEISSERT, CarollQ:Engineers ............................................. __ STAFF r DON MCINTYRE, General Manag~r ............................................... . BLAKE ANDERSON, Assistant General Manager ......................... . DAVID LUDWIN, Director of Engineering ...................................... . BOB OOTEN, Director of Oper.ations & Maintenance .................... . LISA TOMKO, Acting Director of Human Resources ..................... __ GARY STREED, Director of Finance .............................................. . MICHELLE TUCHMAN, Director of Communications .................... . PATRICK MILES, Director of Information Technology .................. . ROBERT GHIRELLI, Director of Technical Services ..................... . STEVE KOZAK, Financial Manager ............................................... . MIKE WHITE, Controller ................................................................. . GREG MATHEWS, Assistant to the General Manager ................... . DAWN MCKINLEY, Sr. Human Resources Analyst ....................... . PENNY KYLE, Committee Secretary .............................................. . c: Lenora Crane AGENDA REGULAR MEETING OF THE FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE ORANGE COUNTY SANITATION DISTRICT WEDNESDAY, JANUARY 12, 2000, AT 5:00 P.M. ADMINISTRATIVE OFFICE 10844 Ellis Avenue Fountain Valley, California 92708 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. In the event any matter not listed on this agenda is proposed to be submitted to the Committee for discussion and/or action, it will be done in compliance with Section 54954.2(b) as an emergency item or that there is a need to take immediate action which need came to the attention of the Committee subsequent to the posting of the agenda, or as set forth on a supplemental agenda posted in the manner as above, not Jess than 72 hours prior to the meeting date. (1) ROLL CALL (2) APPOINTMENT OF CHAIR PRO TEM. IF NECESSARY (3) PUBLIC COMMENTS All persons wishing to address the Finance, Administration and Human Resources Committee on specific agenda items or matters of general interest should do so at this time. As determined by the Chair, speakers may be deferred until the specific item is taken for discussion and remarks may be limited to five minutes. Matters of interest addressed by a member of the public and not listed on this agenda cannot have action taken by the Committee except as authorized by Section 54954.2(b). January 12, 2000 (4) APPROVE MINUTES OF PREVIOUS MEETING Approve minutes of the December 8, 1999, Finance, Administration and Human Resources Committee meeting. (5) REPORT OF COMMITTEE CHAIR (6) REPORT OF GENERAL MANAGER (7) REPORT OF ASSISTANT GENERAL MANAGER (8) REPORT OF DIRECTOR OF FINANCE (9) REPORT OF DIRECTOR OF HUMAN RESOURCES (10) REPORT OF DIRECTOR OF COMMUNICATIONS (11) REPORT OF GENERAL COUNSEL (12) CONSENT CALENDAR ITEMS (a-c) Consideration of motion to approve all agenda items appearing on the Consent Calendar not specifically removed from same, as follows: 1All matters placed on the consent ' calendar are considered as not requiring discussion or further explanation and ... __, 1 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 I included on the consent calendar. All items removed from the consent calendar shall be considered in the regular I order of business. i Members of the public who wish to remove an item from the consent calendar shall, upon recognition by the chair, 1 state their name, address and designate by number the item to be removed from the consent calendar. i jThe Chair will determine if any items are to be deleted from the consent calendar. I ~~~~~~~~--~~~~~~~~~-_j a . FAHR00-01: Receive and file Treasurer's Report for the month of December 1999. The Treasurer's Report will be distributed at the FAHR Committee meeting in accordance with the Board-approved Investment Policy, and in conformance to the Government Code requirement to have monthly reports reviewed within 30 days of month end. 2 b. FAHR00-02: c. FAHR00-03: January 12, 2000 Receive and file Certificate of Participation (COP) Monthly Report Receive and file Employment Status Report as of December 21, 1999. END OE CONSENT CALENDAR Consideration of items deleted from Consent Calendar, if any. (13) ACTION ITEMS (a-c) a. FAHR00-04: b. FAHR00-05: c. FAHROD-06: Consider annexation and capital facilities capacity charges as due and payable at the time of the 1967 Agreement and direct staff to negotiate a property tax transfer in connection with the Midbury Neighborhood Reorganization. (Gary Streed -20 minutes) Approve participation in a cooperative project with the City of Huntington Beach and County of Orange for follow-up studies related to the Huntington Beach closure investigation for an estimated amount not to exceed $83,383, with the balance to be funded by the City of Huntington Beach and the County of Orange. (Bob Ghirelli -10 minutes) Authorize the Director of Finance to execute the December 20, 1999 Letter of Consent for assignment of the September 1, 1995 Investment Management Agreement from PIMCO, a Delaware general partnership, to PIMCO, a Delaware limited liability company and indirect subsidiary of Allianz AG. (Steve Kozak -5 minutes) (14) INFORMATIONAL PRESENTATIONS (15) OTHER BUSINESS. COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS. IF ANY (16) MATTERS WHICH A DIRECTOR MAY WISH TO PLACE ON A FUTURE AGENDA FOR ACTION AND STAFF REPORT (17) FUTURE MEETING DATES The next Finance, Administration and Human Resources Committee Meeting is scheduled for February 9, 2000, at 5 p.m. 3 January 12, 2000 ,1 18) CLOSED.SESSION During the course of conducting the business set forth on this agenda as a regularmeetin~ of the Committee, thej Chair may convene the Committee in closed session to consider matters of pending real estate negotiation~, I pending or potential litigation, or personnel matters, pursuant to Government Code Sections 54956.8, 54956.9, .1 54957 or 54957.6, as noted. I 1Reports relating to (a) purchase and sale of real property; (b) matters of pending or potential litigation; (c) ;I; employee actions or negotiations with employee representatives; or which are exempt from public disclosure under , the California Public Records Act, may be reviewed by the Committee during a pennitted closed session and are I not available for public inspection. Pd. such time as final actions are taken by the Committee on any of these I jsubje".!s. the '!,linutes will reflect all required disclosures of infonnation. -·---------------' A. Convene in closed session. 1. Confer with District's Labor Negotiator (Government Code Section 54957.6). B. Reconvene in regular session. C. Consideration of action, if any, on matters considered in closed session. (19) ADJOURNMENT !Notice To Committee Members: ! I For any questions on the agenda or to place any items on the agenda, Committee members should contact the Committee Chair or Secretary ten days in advance of the Committee meeting. !committee Chair: Thomas Saltarelli (949) 83~9200 !Committee Secretary: Penny Kyle (714) 59~7130 I 4 , BOARD OF DIRECTORS AGENDA REPORT Orange County Sanitation District FROM: Michelle Tuchman, Director of Communications Originator: Penny Kyle, Board Secretary Meeting Date 01/12/00 Item Number FAHR00-07 SUBJECT: DEVELOPMENT OF A DISTRICT-WIDE RECORDS MANAGEMENT PROGRAM, SPECIFICATION NO. 9900-06 GENERAL MANAGER'S RECOMMENDATION Approve Consultant Agreement with Ictus Consulting, LLC for development of a District-Wide Records Management Program, Specification No. 9900-06, for an amount not to exceed $208,230. SUMMARY The District's current policy regarding record retention and destruction is explained in Resolution No. OCSD 98-16 (attached). However, the stated policy is not comprehensive and does flat adequately address all mediums, including paper and electronic documents, currently maintained by District's staff. At present, the District does not have a formal records management program that stipulates the process and procedures required to comply with all mandated regulations. Staff has determined there is a need to establish a formal records management program, as well as a vital records protection and disaster recover plan. These policies and procedures can increase staff productivity, limit the liability of an organization, provide cost savings and follows best business practices (as stipulated by ARMA (Association of Records Managers and Administrators). The program will entail comprehensive procedures to maintain District-wide uniform records management for the control, retention, storage, retrieval and disposal of records that complies with all statutory, regulatory, and administrative requirements governing the District. This program will be developed after careful evaluation of current practices and encompasses the needs for the entire organization. The program will also include comprehensive training that will clearly define the responsibilities of each department and division. PROJECT/CONTRACT COST SUMMARY NIA To Bd. of Dir. 01/26/00 ltem Number H:\wp.dtalagenda\FAHRIFAHR200()2()()0 Agenda Reports\FAHR00-07.doc R8'Med: 8l20l98 Page 1 BUDGET IMPACT x This item has been budgeted. {Line item: Special Project; Section 8, Pg. 187; $224,800) 0 This item has been budgeted, but there are insufficient funds. 0 This item has not been budgeted. 0 Not applicable (information item) ADDITIONAL INFORMATION All divisions and departments within the District maintain their own individual records and in a variety of ways, including paper and electronic medium. Often this results in a duplication of records between several divisions and confusion about which group is responsible for those records. Productivity can be increased by maintaining only those records needed to get the job done. Eliminating the need to look through extra paper records or electronic records can save many hours of staff time. Furthermore, staff time can be saved by eliminating the tasks necessary to index and store extraneous information. These savings will be on-going after the one-time investment to implement the records management program. The implementation of a formal records retention and destruction program will also assist in the routine purging of the files. Files will be organized and indexed consistently throughout the District, which will also make finding records more efficient. This program will inventory and classify all records within the District in all media format. Vital and historical records will be identified for preservation, and the development of a comprehensive formal retention schedule will assist in the compliance of records destruction that will hold up under scrutiny in a court of law. A formal and comprehensive records management program is also a major ingredient for an overall best-in-class organization. This program will examine both how we perform the work and the procedures we need to follow. Numerous records result from the day-to-day activity of the District; creating and destroying records with limited guidelines can cause chaos and litigation exposure. After the initial inventory and purge, it is estimated the reduction of paper and electronic records will be approximately 30%; some file cabinets can then be replaced with workspace. Another 30%-40% of the files can be moved to inactive storage, and the remaining records would be active records that would remain in the division. This will give the District more filing space to accommodate future needs. H:\wp.dlalagendalFAHRIFAHR2000\2000 Agenda Reports1FAHR00-07.doc Revised: 8/20/98 Page2 A Records Management Committee will be created that will assist in the development of the retention program, and General Counsel will be an integral part of that process. Proposals were solicited for this program, and two were received. Staff evaluations were completed and after rating both vendors, the deciding factor was the cost, of which Ictus Consulting, LLC, had the lower cost of $208,230. It is staffs recommendation, therefore, to award a contract to Ictus Consulting, LLC, in the amount of $208,230 for development of a District-Wide Records Management Program. ALTERNATIVES Not award the contract. CEQA FINDINGS N/A ATTACHMENTS Resolution No. OCSD 98-16 H:\wp.dta\agenda\FAHR\FAHR2000\.2000 Agencla Repor1s\FAHR00-07.doc Revised: 8/20/98 !=>age 3 RESOLUTION NO. OCSD 98-16 PERTAINING TO THE PROCEDURE FOR DESTRUCTION OF OBSOLETE RECORDS -· A RESOLUTION OF THE BOARD OF DIRECTORS OF ORANGE COUNTY SANITATION DISTRICT, PERTAINING TO THE PROCEDURE FOR DESTRUCTION OF OBSOLETE RECORDS. WHEREAS, it is necessary to establish procedures for the destruction of obsolete records to facilitate_ the orderly handling of business by the District; and, WHEREAS, the Board of Directors of the District is authorized, by the provisions of California Government Code Sections 60200 through 60204, to destroy records under certain conditions; and, WHEREAS, it is desirable and appropriate to authorize the destruction of records on a routine basis that have been retained for a certain period of time, that are copies of originals on file with the District, or that have been microfilmed. NOW, THEREFORE, the Board of Directors of Orange County Sanitation District, DOES HEREBY RESOLVE, DETERMINE AND ORDER: Section 1: Authorization for Destruction of Records. The destruction of certain records, papers and documents is hereby authorized, pursuant to California Government Code Sections 60200 et seq., after such records have been retained for the minimum time set forth on Exhibit "A", attached hereto and incorporated herein by reference. Section 2: Destruction of Records After Microfilming. Any record not expressly required by law to be filed and preserved may be destroyed at any time after it is microfilmed in conformance with the requirements of California Government Code Section 60203. Section 3: Destruction of Duplicates. Pursuant to California Government Code Section 60200, any duplicate record, paper, or document, the original or a permanent photographic copy of which is in the files of any office or Department of the District, may be destroyed after confirmation by the Board Secretary that such original or permanent photographic copy remains on file in the District. 1 Section 4: Retention of Records Not Mentioned. All records, papers, and documents not mentioned in this Resolution shall be retained indefinitely. 2~300 64895_1 PASSED AND ADOPTED at a Special Meeting held July 1, 1998. ---;g~-~ Chair T-- 2 FAHR COMMITTEE Meeting Date To Jt. Bds. 01/12/00 01/26/00 AGENDA REPORT Item Number Item Number Orange County Sanitation District FROM: SUBJECT: Gary Streed, Director of Finance Originator: Steve Kozak, Financial Manager TREASURER'S REPORT FOR THE MONTH OF DECEMBER 1999 GENERAL MANAGER'S RECOMMENDATION Receive and file Treasurer's Report for the month of December 1999. 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. 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 District's Investment Policy. The District's portfolio contains no reverse repurchase ag reements. 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: PROJECT/CONTRACT COST SUMMARY None. BUDGET IMPACT 0 This item has been budgeted. 0 T his item has been budgeted, but there are insufficient funds. 0 T his item has not been budgeted. ~ Not applicable (information item) H:lwp.dtalfin\21 Olcrane\F AHR\Fahr2000\Jan\Treasurer's Report-0..e.doc Revised: 10/17197 Page 1 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. These reports accurately reflect all District investments and are in compliance with California Government Code Section 53646 and the District's Investment Policy. Sufficient liquidity and anticipated revenues are available to meet budgeted expenditures for the next six months. On December 17, the sum of $10 million was received from the Orange County Tax Collector's property tax allocation cycle, and was deposited in the District's Long-Term portfolio for investment. The table below details the book balances of the District's funds at month-end. A graphical representation of month-end balances is shown by the attached bar chart. Funds/Accounts State of Calif. LAIF Union Bank Checking Account Union Bank Overnight Repurchase Agreement PIMCO -Short-term Portfolio PIMCO -Long-term Portfolio District 11 GO Bond Fund 921 Debt Service Reserves @ Tru'Stees Petty Cash TOTAL ALTERNATIVES None. CEQA FINDINGS None. ATTACHMENTS 1. Monthly Investment Reports 2. Monthly Transaction Report GGS:SK:lc H:\wp.dtalfinl210\crane\FAHR\Fahr2000\Jan\Treasure~s Report·Oec.doc Revised: 10117/97 Book Balances Estimated Dec. 31 , 1999 Yield(%) $ 29,955,013 5.5 338.471 - 781 ,000 4.6 19,325,898 3.6 279,194,532 4.3 1,955 5.5 32,155,273 6.4 9,400 - $361 ,761 ,542 Page 2 Prepared by Finance, 01/11/2000, 9:29 AM Monthly Treasurer's Report District Fund Balances $400,000,000 -r--------------------------------- Jul, 99 Aug, 99 Sep, 99 E9 PIMCO -Long-term ~ Debt Service Reserves G3 Bank Accts Q Dist 11 GO Bond Fund G:\excel.dta\fin\2220\geggi\Finance\monthly treasurers report Oct, 99 Ill PIMCO -Short-term Cll LAIF BPetty Cash Nov, 99 Dec, 99 MONTHLY REPORT ORANGE COUNTY SANITATION DISTRICT INVESTMENT MANAGEMENT PROGRAM PIMCO'S PERFORMANCE MONITORING & REPORTING (for the month ending 31 December 1999) Liquid Operating Monies (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 RATE 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 days: 15.1.6 PORTFOLIO QUALITY Average Portfolio Credit Quality: 15.1.7 SECURITIES BELOW "A0 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: Year-to-Date: Commentary $19,385,392 $19,325,898 $19,354,357 $19,348,607 0.16 0.20 $31,283 0% 87% ''A.AA)' 0% Yes Portfolio 0.48 l.37 5.12 5.12 • Interest rates rose across slightly all maturities in Oe1;ember as investors remained concerned that the combination of rapid economic growth nnd a dwindling labor pool would increase wage pressures and force another round of interest rate increases by the Fed in 2000 (e.g. 3-month Treasury Bill rates rose 2 basis points). • The Liquid portfolio outperfonned its benchmark by S basis points in December. • PIMCO's emphasis on corporates and agencies added to portfolio returns. • PIMCO will continue to hold high quality commercial paper and short-tenn notes to enhance returns. H:L\FINANC£1 ... IRE'l/SED LJQ/299.RPT Index 0.43 1.25 4.73 4.73 MONTHLY REPORT ORANGE COUNTY SANITATION DISTRICT INVESTMENT MANAGEMENT PROGRAM PIMCO'S PERFORMANCE MONITORING & REPORTING (for the month ending 31 December 1999) Long-Term Operating Monies (203) 15.1.1 PORTFOLIO COST AND MARKET VALUE Current Market Value Estimate: • PIMCO • Mellon Historical Cost: • PIM CO • Mellon 15.1.2 MODIFIED DURATION Of Portfolio: Oflndex: 15.J.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.S PORTFOLIO MATURITY % of Portfolio Maturing within 90 days: 15.1.6 PORTFOLIO QUALITY Average Portfolio Credit Quality: 15.1.7 SECURITIES BELOW "A" RATING % of Portfolio Below "A": 15.l.8 INVESTMENT POLICY COMPLIANCE "In Compliance11 15.l.9 PORTFOLIO PERFORMANCE Total Rate of Return(%) by Period: 1 Month: 3 Months: 12 Months: Year-to-Date: Commentary • With interest rates rising across all maturities again in December, the bond marl.--et continued to show weaker returns. • The Long-Tenn portfolio underperfonned its benchmark by 6 basis points in December. • PJMCO's decision to maintain a below-index duration added slightly to returns. However, sector and security selection detracted from portfolio returns. • PIMCO will continue to emphasize mortgage-backed securities to enhance returns. ll:l ... IFINANCEl2/0\ •• IREYTSED l -T1299.RPT $279,416,762 $279,194,532 $285,093,487 $285,6351363 2.12 2.32 $5,996,270 0% 35% ''AA.A'' 0% Yes Portfolio Index (0.04) 0.02 0.63 0.41 2.29 2.19 2.29 2.19 @ ORANGE COUNTY SANITATION DISTRICT PAGE:: ., BASE: USD NET ASSET SECTOR SUMMARY OCSF07511102 31-DEC-1999 FINAL LIQUID OPER-PIMCO %OF UNREALIZED PORTFOLIO DISTRIBUTION COST MARKET VALUE TOTAL GAIN/LOSS CASH & CASH EQUIV A LENTS UNITED STATES COMMERCIAL PAPER -DISCOUNT 2,672,670.50 2,672,670.SO 13.67% 0.00 TREASURY BILLS • LESS THN 1 YR 3,411,181.67 3,411,181.67 17.45% 0.00 MUTUAL FUNDS 4,078,885.30 4,078,885.30 20.86% 0.00 TOT AL UNITED STATES 10,162,737.47 10,162, 737.47 51.98% o.oo TOTAL CASH & CASH EQUIVALENTS 10,162,737.47 10,162,737.47 51.98% 0.00 FIXED INCOME SECURITIES UNITED STATES U.S. AGENCIES 4,688,174.00 4,696,117.00 24.02% 7,943.00 ABS: CAR LOAN 905,913 .00 904,320.00 4.63% -1,593.00 BANKING & FINANCE 2,573,257.50 2,547,343.50 13.03% ·25,914.00 INDUSTRIAL 506,445.00 503,345.00 2.57% -3,100.00 UTILITY -TELEPHONE 512,080.00 512,035.00 2.62% -45.00 TOTAL UNITED STATES 9,185,869.50 9, 163, 160.50 46.87% -22,709.00 TOTAL FIXED INCOME SECURITIES 9,185,869.50 9,163,160.50 46.87% -22,709.00 OTHER PORTFOLIO ASSETS PAYABLES/RECEIVABLES 226,170.66 226,170.66 Ll6% 0.00 TOTAL 226,170.66 226,170.66 1.16% 0.00 TOTAL OTHER PORTFOLIO ASSETS 226,170.66 226,170.66 1.16% 0.00 NET PORTFOLIO ASSETS 19,574, 777.63 19,552,068.63 100.00% -22,709.00 J l-Jan-2000 10:15:51 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: I BASE: USD NET ASSET SECTOR SUMMARY OCSF07522202 31-DEC-1999 FINAL LONG TERM OPER-PIMCO %OF UNREALIZED PORTFOLIO DISTRIBUTION COST MARKET VALUE TOTAL GAIN/LOSS CASH & CASH EQUIVALENTS RECEJV ABLES 57,800.50 57,800.50 0.02% 0.00 PAYABLES -26,723,187.SO -26,723,187.50 -9.46% 0.00 TOTAL -26,665,387.00 -26,665,387 .00 -9.44% 0.00 UNITED STA TES COMMERC1AL PAPER -DISCOUNT 40,404,284.01 40,404,284.01 14.30% 0.00 MUTUAL FUNDS 12,452,753.37 12,452,753.37 4.41% 0.00 TOTAL UNITED STATES 52,857,037.38 52,857,037.38 18.70% 0.00 TOTAL CASH & CASH EQUIVALENTS 26,191,650.38 26,191,650.38 9.27% 0.00 FIXED INCOME SECURITIES UNITED STATES U.S. GOVERNMENTS 66,444,002.33 64,254, 159.48 22.74% -2, 189,842.85 U.S. AGENCIES 59,987 ,9 18.24 58,101,080.60 20.56% -1,886,837.64 GNMA SINGLE FAMILY POOLS 26,006,875.00 '25,859,807.50 9.15% -147,067.50 GNMA MULTIFAMILY POOLS 3,736,585.71 3,713,785.91 1.31% -22,799.80 FHLMC POOLS 9, 144,588.11 8,960,503.34 3.17% -184,084.77 FHLMC MUL TJCLASS 8,245,096.13 8,051,223.49 2.85% -193,872.64 FNMA POOLS 1,684,307.07 1,701,779.64 0.60% 17,472.57 ASSET BACKED SECURJTIES 69,150.27 69,085.28 0.02% ·64.99 ABS: HOME EQUITY 446,401.79 445,142.94 0.16% -1,258.85 MUTUAL FUNDS 1,000,000.00 985,670.00 0.35% -14,330.00 BANKING & FTNANCE 56,000,314.00 55,707,381.50 19.71% -292,932.50 INDUSTRIAL 17,029,969.00 15,852,887.00 5.61% ·l,177,082.00 UTILITY -ELECTRIC 2,15 1,250.00 1,950,300.00 0.69% -200,950.00 UTILITY • TELEPHONE 7,497,255.00 7,350,075.00 2.60% -147,180.00 TOT AL UNfTED ST ATES 259,443,712.65 253,002,881.68 89.53% -6,440,830.97 TOTAL FIXED INCOME SECURlTlES 259,443,712.65 253,002,881.68 89.53% -6,440,830.97 OTHER PORTFOLIO ASSETS J 1-Jan-2000 10:19.44 E.xecutive Workbei1ch OCSF07522202 LONG TERM OPER-PIMCO PORTFOLIO DISTRIBUTION PAYABLES/RECEIVABLES TOTAL TOTAL OTHER PORTFOLIO ASSETS NET PORTFOLIO ASSETS J l-Jan-2000 JO: 19:44 ORANGE COUNTY SANITATION DISTRICT NET ASSET SECTOR SUMMARY 31-DEC-1999 COST MARKET VALUE 3,399,318.80 3,399,318.80 3,399,318.80 3,399,318.80 3,399,318.80 3,399,318.80 282,593,850.86 %OF TOTAL J.20% L20% 1.20% 100.00% PAGE: 2 BASE: USD FINAL UNREALIZED GAIN/LOSS 0.00 0.00 0.00 -6,440,830.97 Executive Workbench YLD.l\NAL YIELD ANALYSIS PAGE l OCSF07511102 1999/1 2/31 RUN DATE 01/06/00 DISTR.!CT: LI QU:CD OPERATING RUN TIME 12.50.20 = = -=c~-= PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MAR.KET VALUE % TO~ ~--------------------------------------------------------------_-...-, ______ --------- CASS & CASH EQUIVALENTS 4,078,885.30 DREYFUS TREASURY CASH MGMT .000 4.471 AAA 100.000 4,078,885.30 40.13 996085247 AAA 4,078,885.30 21.11 3,500,000.00 lJ S TREASURY BILLS 5.094 .000 P-l 97.462 3,411,181.67 33.56 912795DK'l 03/02/2000 DD 03/04/99 A-1+ 3,411,181.67 17.65 900,000.00 FLORIDA Pl'IR CORP DISC 6.034 .000 P-1 98.939 890,448.00 8.76 34110AB93 02/09/2000 890,448.00 4.61 900,000.00 ILLINOIS 'l'OOL WRK DISC 6.067 .ooo P-1 99.065 891,586.00 8.77 45230KAXO 01/31/2000 891,586.00 4.61 900,000.00 GENERAL ELEC CAP DISC 6.205 .ooo P-1 98 .960 890,636.50 8.76 36959HBE6 02/14/2000 890,636 .50 4.61 ----------------------------------------- TOTAL CASH & CASH EQUTVALENTS 2 .589 2.315 10,162,737.47 100.00 10,162,737.47 52.59 FIXED INCOME SECURITIES 1,000,000.00 FEDERAL HOME LN MTG CORP DEBS .000 4. 704 AAA 100.015 999,200.00 10.91 3134AJRT5 FLTG RT 05/18/2000 DD 05/18/99 AAA 1,000,150.00 5 .18 900,000.00 GENERAL MTRS ACCEP CORP MTN .000 6.250 A2 100.006 909,657.00 9 .82 37042t.f7G2 6.250% 01/11/2000 DD 01/11/94 A 900,054.00 4.66 500,000.00 TRANSAMERICA FIN MTN fSBOOllO 5 .653 8. 446 A3 100.048 515,125.00 5,45 89350MEP1 8.450\ 01/12/2000 DD 01/12/95 A 500,240.00 2.59 3,700,000.00 FEDERAL HOME LN BI< CONS BOS 5.815 4.840 AAA 99.891 3,688,974~.oo 40.33 3133M7EW2 4.835\ 01/28/2000 DD 01/28/99 AAA 3,695,967.00 19.12 475,ooo.oo ASSOCIATES CORP NORTH AMER 6.296 6.010 AA3 99.835 474,273.25 5.17 046003EL9 6.000% 06/15/2000 AA-474, 216. 25 2.45 900,000.00 FORD MTR CR MTN t TR 00538 6 .312 6.986 Al 100.480 905,913.00 9.86 345402Y.Kl 7.020\ 10/10/2000 DD 10/10/95 A 904,320.00 •4.68 400,000.00 LEHMAN BROS BLOGS MTN 'l'R 00252 6 .353 6.414 A3 99.782 400,216.00 4.35 52517PLM1 6.400\ OB/30/2000 DD 09/26/97 A 399,128.00 2 .01 YLDANAL YIELD ANALYSIS PAGE 2 OCSF07511102 1999/12/31 RUN DATE 01/06/00 DISTRICT: LIQUID OPERATING RUN TIME 12.50.20 PAR VALUE YTM AT CURRENT MOODY MARI<ET TOTAL COST/ ' TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL -----------------------------~--~------------------------------------------------------------ 150,000.00 MORGAN J P & CO MTN SR 00043 6.430 6.154 Al 99.531 14.9,625.00 l.~2 61687YBUO 6.125% 10/02/2000 DD 10/02/97 AA 149,296.50 .77 500,000 .00 INTERNATIONAL PAPER CO NT 6.535 9.636 A3 100.669 506,445.00 5,49 460l46AJ2 9.700% 03/15/2000 DD 03/21 /90 BBB+ 503,345 .00 2.60 500,000.00 GTE CORP DEB 6.669 9.155 BAA1 102.407 512,080 .00 5.58 362320AQ6 9.375% 12/01/2000 A 512,035.00 2.65 125,000.00 FINOVA CAP CORP 6.924 6.405 BAAl 99.527 124, 361. 25 1.35 318074AF8 6.375% 10/15/2000 DD 10/11/95 A-124,408.75 .64 ---------------------------------------- TOTAL FIXED INCOME SECURITIES 4.211 5.703 9,185,869.50 100.00 9,163,160.50 47.U ----------------------- TOTAL 3.616 4.461 19,348,606.97 100.00 19,325,897.97 100.00 ==-=--==:: =---- YLDANAL YIELD ANALYSIS PAGE 3 OCSP07522.202 1999/12/31 RUN DATE 01/06/00 DISTRICT: LONG-TERM OPERATING RON TIME 12.50.20-===----===------e----===== PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COSl'/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ------------------------------------------_, ______ --------------------------------------- CASH & CASH EQUIVALENTS 12,452,753.37 DREYFUS TREASURY CASH MGMT .ooo 4.471 AAA 100.000 12,452,753.37 23.55 996085247 AAA 12,452,753.37 4 .07 5,5001 000.00 MOTOROLA INC DISC 5,950 .ooo P-1 99.164 5 ,454,029.17 10.31 62008AAU3 01/28/2000 5,454 ,029.17 l. 78 7,700,000.00 IBM DISC 5 .969 .ooo P-1 99.015 7,624,155.00 14.42 45920DB85 02/08/2000 7,624 ,155.00 2 .49 9,500,000.00 EASTMAN KODAK CO DISC 6 .016 ,000 P-1 99.073 9,411,924.45 17.80 27746AAS8 01/26/2000 9,411,924.45 3.08 10,100,000.00 GENERAL ELBC CAP DISC 6.018 .ooo P-1 98.876 10,579,743.89 20 .01 36959HB97 02/09/2000 10,579,743.89 3 .46 6,300,000.00 AMERICAN EX CR CP DISC 6.040 .ooo P-1 99.168 6 ,247,587.50 11. 81 02581RAS2 01/26/2000 6,247,587.50 2.04 1.,100,000.00 NATIONAL RURAL DI SC 6.316 .ooo P -1 98.804 1 ,086,844.00 2.05 63743CBQ5 02/24/2000 1,086,844.00 .36 ~------------__________ , _____ -------- TOTAL CASH & CASH EQUIVALENTS 3.826 1.617 52,857,037 .38 100 .00 52,857,037.38 17.28 FIXED INCOME SECURil'lES 2,000,000.00 BANKERS TR NY CORP GLOBAL NT .ooo 5 .llo5 Al 99.837 1,992,800.00 .78 066365DW4 FLTG RT 05/11/2003 00 05/11/98 A-1,996,740.00 .65 730,000.00 COMMIT TO PUR FNMA llTH DIST .000 6.134 AAA 100.540 716,312.50 .29 11F011610 VAR RT 01/25/2029 AAA 733,942.00 .24 3,500,000.00 CHRYSLER FINL LLC MTN JTR00615 .000 6.611 Al 99.875 3,498,635.00 1.38 17120QE80 FLTG RT 08/08/2002 DD 04/08/98 A+ 3,495,625.00 1.14 2,000,000.00 FORD MTR CR CO GLOBAL NTS .000 6.219 Al 99.609 1,992,580.00 .78 345397RV7 FLTG RT 02/13/2003 OD 02/13/98 A 1,992,180.00 .65 2,000,000.00 FORD MTR CR CO TER.M EN'RANCED .ooo 6 .216 Al 99. 843 1,998,613.60 .78 345397SC8 FLTG RT 08/27/2006 DO 08/27/98 A-+ 1,996,860.00 .65 YLDANAL YIELD ANALYSIS PAGE 4 OCSF07522202 1999/12/31 RUN DA'l'R 01/06/00 DISTRICT: LONG-TERM OPERATING RUN TIME 12.so.20 -=::-e:=~ ~::u:::.;::=.= PAR VALUE YTM AT CURRENT MOODY MARI<ET TOTAL COST/ % TYPE SECURJ:TY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL -----------------------------------------------------------------------------------------~ 3,000,000.00 GENERAL MTRS ACCEP MTN .ooo 6.490 A2 100.390 3,010,830.00 1.19 37042WVR9 FLTG RT 12/17/2001 DD 12/15/98 A 3,0ll,700.00 .98 3,950,000.00 GENERAL MTRS ACCEP CORP NTS .ooo 5.570 A2 99.947 3,918,768.50 1.56 370425QV5 FLTG RT 08/18/2003 DD 08/17/98 A 3,947,906.50 1.29 2,000,000.00 HELLER FINANCIAL INC NTS .000 6.381 A3 100.447 2,000,000.00 .79 42332881(8 FLTG RT 06/25/2001 DD 06/25/99 A-2,008,940.00 .66 3,000,000.00 BELLER FINL MTN tTR 00246 .ooo 5.662 A3 lOQ .575 3,00Q,000.00 1.19 4233JBLF7 FLTG RT 04/28/2003 DD 04/27/99 A-3,017,250.00 .99 4,000,000,00 HOUSEHOLD FIN CO MTN .000 5.440 A2 100.168 4,000,000.00 l. 58 44181KZA5 FLTG RT 06/24/2003 DD 06/24 /98 A 4,006,720.00 1. 31 1,000,000.00 HOUSEHOLD FIN MTN SR t00570 .000 5.738 Al 100.108 999,188.90 .39 44181KZT4 FLTG RT 08/01/2001 DD 09/04/98 A 1,ooi.1 080.00 .33 5 1 000,000.00 LEHMAN BROS HLDGS MTN .000 6.673 Al 100.015 s,000,000.00 1. 97 52517PQQ7 FLTG RT 12/12/2002 DD 12/07/99 A 5,000,750.00 1.63 7 ,351,190 .00 US ~ASURY INFLATION INDEX NT 3.697 3.662 AAA 99.000 7,328,033.77 2.87 912827JA8 3.625% 07/15/2002 DD 07/15/97 "AAA 7,277,678.10 2.38 10,615,700.00 US TREASURY INFLATION INDEX NT 3.720 3.582 AAA 94.219 10,336,675.00 3 .95 9128272M3 3.375% Ol/15/2007 OD 01/15/97 AAA 10,002,006.38 3.27 4,000,000.00 MORGAN STANLEY MTN #TR 00299 5.170 5.468 AA.3 99.859 3,997,788.00 1.57 61745ENL1 FLTG RT 04/15/2002 DD 04/15/99 A+ J,994,360 .00 1.31 5,000,000.00 U S TREASURY BONDS 5.234 9 .706 "AAA 114.625 6,233,593.75 2.26 912810DE5 11 .125% 08/15/2003 DD 07/05/83 AAA 5 1 731,250.00 l.87 2,100,000.00 U S ~:REASURY NOTES 5.294 6.362 AAA 100.203 2,167,321.15 .83 912827354 06.375% 09/30/2001 DD 09/30/96 AAA 2,104,263.00 .69 5 1 200,000.00 U 5 TREASURY BONDS 5.617 10.061 AAA 118. 031 6,698,250.00 2.42 912810000 11.875% 11/15/2003 DD 10/05/83 AAA 6,137,612.00 2.01 1,soo,000.00 ASSOCIATES CORP N A SR NTS· 5.650 6 .571 AAJ 98.923 1,543,215.00 .58 046003HY8 6.50P% 07/15/2002 DD 07/11/97 AA-1,483,845.00 .49 1,000,000.00 HELLER FINANCIAL INC NTS 5.760 S .882 A3 97.756 999,730.00 .38 42333RJ<JO 5.750% 09/25/2001 DD 09/25/98 A-977,560.00 .32 YLDANAL YIELD 11.NALYSTS PAGE 5 OCSF07522202 1999/12/31 RUN DATE 01/06/00 DISTRICT: LONG-TERM OPERATING RUN TIME 12.50.20 -- PAR VALUE YTM AT CUR.RENT MOODY MARI<ET TOTAL COST/ \ TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL -----------------------------~-------------------------------------------~--- 1,200,000.00 U S TREASURY NOTES 5.768 6.472 AAA 100.438 1,213,406.25 .47 912827Y22 06.500% 05/31/2001 DD 05/31/96 AAA 1,205,250.00 .39 2,0051 000.00 SEARS ROEBUCK ACCEP CORP MTN 5 .804 6.733 AJ 97.140 2,060,739.00 .76 81240QGW6 6.540% 02/20/2003 DD 02/20/97 A-1,947,657.00 .64 23,430,000.00 U S TREASURY NOTES 5.807 5.692 AAA 99.000 23,351,289.85 9.16 9128275Ql 05.625% 09/30/2001 DD 09/30/99 AAA 23,195,700.00 7.58 5 1000,000.00 U S TREASURY NOTES 5.811 6.252 AAA 99.969 5,086,402.25 1.97 9128272L5 06.250% 02/28/2002 DD 02/28/97 AAA 4,998,450.00 1.63 3,000,000.00 SEARS ROEBUCK ACCEP CORP MTN 5 .849 6 .763 A3 98.031 3,073, 170.00 1.16 81240QJA1 6.630% 07/09/2002 DD 07/09/97 A-2,940,930.00 .96 14,750,000.00 FEDERAL NATL MTG ASSN MTN 5.882 6.371 AAA 89.625 14,560,462.50 s .22 31364GLD9 5.710% 12/15/2008 DD 12/15/98 AAA 13,219,687.50 .4 . 32 6,000,000.00 NATIONSBANK CHARLOTTE N C MTN 5 .882 5.854 AAl 99.937 5,996,400.00 2.37 63858JDE6 5.850% 04/07/2000 DD 04/07/98 AA-5,996,220.00 1.96 576,778.65 FBLMC MOLTICL MTG P/C 1574 E 5.912 5.930 99.500 575,967.54 .22 3133T02D5 5.900% 06/15/2017 573,894 .76 .19 1s,ooo,ooo.oo FEDERAL NATL MTG ASSN MTN 5 .981 5.893 AAA 98.922 14,955,300.00 5.86 31364G2VO 5 .820% 07/19/2001 DD 07/19/99 AAA 14,838,300.00 4.85 2,500,000.00 MERRILL LYNCH NOTES 5.995 6.433 AA3 99,100 2,526,725.00 .97 59018SXP4 6.375\ 10/01/2001 DD 10/03/97 AA-2,477,500.00 .81 1,572,984.35 GNMA I I POOL 10080023 6.005 6.034 AAA 101.516 1,599,036.91 .63 36225CAZ9 6.125% 12/20/2026 DD 12/01/96 AAA 1,596,830.79 .52 1,soo,000.00 BELLSOUTH TELECOMMUNICATIONS 6 .010 6.122 AAA 99,001 7,497,255.00 2.90 079867AX5 6 .000% 06/15/2002 DD 06/15/98 AAA 7,350,075.00 2.40 12,500,000.00 FEDERAL HOME LN MTG CORP DEBS 6 .062 6.053 AAA 99.120 12,485,625.00 4.89 3l34A3ZMl 6.000% 07/20/2001 DO 07/20/99 AAA 12,390,000.00 4.05 2,000,000.00 BANKBOSTON CORP SR NTS 6.133 6.252 A2 97.967 1,999,600.00 .77 0660STAL6 6.125% 03/15/2002 DD 03/12/99 A 1,959,340.00 .64 69,150.28 FIFTH THIRD BK AUTO TR 96A CLA 6 .200 6.206 AAA 99.906 69,150.27 .02 31677EAA4 6.200% 09/01/2001 DD 03/15/96 69,085.28 .02 YLDANAL YIELD ANALYSIS PAGE 6 OCS.F07522202 1999/12/31 RUN DATE 01/06/00 DISTRICT: LONG-TERM OPERATING RUN TIME 12.50.20 c ----------------------------== PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY .IO SECUR.ITY DESCRIPTION BOOK YIELD S-P PRICE MARXET VALUE % TOT.JU. ---~--~----------------------------------·----------------------------------------- 1,000,000.00 POPULAR INC MTN #TR 00004 6.201 6.290 A3 98.567 1,000,000.00 .38 73317PAD1 6.200% 04/30/2001 DO 04/21/99 BBB+ 985,670.00 .32 2,500,000.00 .FBLMC MULTICLASS CT.F 2146 QT 6.207 6 .140 AAA 97.718 2,455,859.38 .96 3133TKKU3 6.000% 11/15/2011 AAA 2,442,950.00 .so 446,401. 79 GREEN TRE"E CORP 99-D CL A-1 6.290 6.308 AAA 99.718 446,401. 79 .11 3935052Y7 6.290% 10/15/2013 DO 08/26/99 AAA 445,142.94 .1s 4,soo,ooo.oo FEDERAL NATL MTG ASSN MTN 6 .291 6.286 AAA 99 .109 4,488,705.00 1. 76 31364CXV5 6.230~ 03/01/2002 DD 03/03/97 AAA 4,459,905.00 1.46 6,2so,ooo.oo COMMIT TO PUR GNMA SF MTG 6.306 6 .598 AAA 90 .937 5 1 1501 000.00 2.24 01N060619 6,000% 01/15/2029 MA 5,683,562.50 1. 86 3,208,871.68 FHLMC MULTICLASS CTF E3 A 6.316 6 .114 AAA 97.284 3, 212 ,381. 21 l.23 3133TCE95 6.324% 08/15/2032 AAA 3,121,718.73 1.02 2,000,000.00 BEAA STEARNS cos INC 6.330 6.890 A2 97.964 2,031,960.00 .77 073902AH1 6.750% 04/15/2003 A 1,959,280.00 .64 2,000,000.00 FHLMC MULTICLASS CTF Tll A6 6.496 6.797 AAA 95.633 2,000,sss.oo .75 3133TDPV2 6.500% 09/25/2018 AAA 1,912,660.00 .63 2,374,687.27 PHLMC MULTICLASS CTF SER 1620Z 6.534 7.09.1 AAA 84.616 2,218,547.33 .79 3133'1'17A4 6.000% 11/15/2023 DD 11/01/93 AAA 2,009,354 .69 .66 21,500,000.00 COMMIT TO PUR GNMA SF MTG 6.545 6.926 AAA 93.843 20,256,875.00 7.97 01N062615 6.500% 01/15/2029 AAA 20,176,245.00 6.60 9,000,000.00 PHI LIP MORRIS COS NT 6.593 9 .224 A2 100.282 9,903,780.00 3.56 718154BB2 9.250% 02/15/2000 A 9,025,380.00 2 .95 9,003,902.15 FHLMC GROUP fGS-0476 6 .628 7.034 AAA 99.518 9,144,588.ll 3 .5'4 3128DDQ55 7.000% 02/01/2003 DD 02/01/98 AAA 8,960,503.34 2.93 2,091,790.88 GNMA II POOL t080088M 6.705 6.299 AAA 101.203 2,137,548.80 .83 36225CC20 VAR RT 06/20/2027 DO 06/01/97 AAA 2,116,955.12 .69 10,500,000.00 FEDERAL HOME LN MTG CORP DEBS 6. 711 6.468 AAA 97.406 10,323,075.00 4,04 3.134A3TCO 6.300\ 06/01/2004 OD 06/01/99 AAA 10,227,630.00 3.34 2,000,000.00 MARSH & MCLENNAN COS INC SR NT 6. 717 6.834 A2 96,946 1,992,280.00 . 76 571748AB8 6.625\ 06/15/2004 DD 06/14/99 AA-1,938,920.00 .63 YLOANAL YI.ELD ANALYSIS PAGE 7 OCSF07522202 1999/12/31 RUN DATE 01/06/00 DISTRICT: LONG-TERM OPERATING RUN TIME 12.50.20 -------------==--=======:========: PAR VJ>,LUE YTM AT CURRENT MOODY MARl<ET TOTAL COST/ % TYPE SECURITY IO SECURITY DESCRIPTION BOOK YIELD S-P PRIC.E MARKET VALUE % TOTAL ~------------------------·--------------------------------------------------------- 3,000,000.00 FORD MTR CR CO GLOBAL LANO~ 6.739 6.845 Al 97. 87 5 2,995,080.00 1.16 345397SJ3 6.700\ 07/16/2004 DO 07/16/99 A+ 2,936,250.00 .96 2,500,000.00 COUNTRYWIDE HOME LNS INC NT 6 .866 6.998 A3 97.891 2,498,400.00 .96 22237UAB8 6.850% 06/15/2004 DO 06/24/99 A 2,447,275.00 .00 988,537.62 FNMA POOL f0252703 6.877 6.639 AAA 97.906 967,994.57 .38 31371BU48 6.500% 09/01/2006 DO 08/01/99 AAA 967,837.64 .32 2,soo,000.00 U S TREASURY BONDS 6.906 9 .196 AAA 144.078 4.,029,030.31 1. 42 912810DJ4 13.250% 05/15/2014 DD 05/15/84 AAA 3,601,950.00 l.18 2,000,000.00 LONG ISLAND LTG CO .DEB 7.512 8.409 BAA3 97.515 2,151,2so.oo .77 542671CT7 8.200% 03/15/2023 DD 03/28/93 A-1,950,300.00 .64 977,432.01 WMP/HUNTOON PAI GE f000-11150 7.684 7.667 AAA 97.828 956,203.41 .37 302998GE3 7.500% 12/01/2030 DD 10/21/99 AAA 956,203.41 .31 ----~--------------- TOTAL FIXED INCOME SECURITIES 4.334 6 .174 259,443,712.65 100.00 253, 002' 881. 68 82 .71 ----------------------------~----- TOTAL 4.317 6 .022 312,300,750.03 100.00 305,859,919.06 100.00 ===== ORANGE COUNTY SANITATION DISTRICT OCSGOOOJ 0000 OCSD-CONSOL!DATED SHARES/PA~ SECURITY ID TRANSCODE PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER RECEIPTS AND DISBURSEMENT TRANSACTIONS CASH/SECURITIES RECEIVED FROM PLAN ADMINISTRATOR LONG TERM OPER-PIMCO 0.00 RECD FROM PLAN ADMINISTRATOR NA9l23459 ORANGECOUNTYSANITATION CD OTHER ADMINISTRATIVE EXPENSES LIQUID OPER-PIMCO 0_00 FED WIRE FEES 99364H708 LEBMAN BROTHERS REPO cw LIQUID Ol>ER-PIMCO 0.00 FED WIRE FEES FOR NOV NA91234S9 cw LIQUID OPER-PIMCO 0.00 FED WIRE FEES 99364J639 LEHMAN BROTHERS REPO cw LONG TERM OPER-PIMCO 0.00 FED WIRE FEES FOR NOV NA9123459 cw LIQUID OPER-PIMCO 0.00 FED WIRE FEES 99364L014 LEHMAN BROTHERS REPO cw J J-Jan-2000 8:39:06 TRADE DATE/ SETTLDATE/ COM.PL DATE 17-Dec-1999 l 7-Dec-1999 02-Deo-1999 02-Dec-J 999 03-Dec-1999 03-Dec-1999 03-Dec-1999 03-D'ec-1999 03-Dec-1999 03-Dec-1999 06-Dec-1999 06-Dec-1999 PAGE: AMOUNTf COST/ GAIN/LOSS 10,000,000.00 0.00 0.00 -0.85 0.00 0.00 -3.40 0.00 0.00 -0.85 0.00 0.00 -1.70 0.00 0.00 -0.85 0.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 2 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999-31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PIMCO 0.00 FED WIRE FEES 07-Dec-1999 -0.85 99364L758 LEHMANBROTHERSREPO 0.00 cw 07-Dec-1999 0.00 LIQUID OPER-PlMCO 0.00 FED WIRE FEES O~-Dec-1999 -0.85 99364M426 LEHMAN BROTHERS REPO 0.00 cw 08-Dec-1999 0.00 LIQUID OPER-PIMCO 0.00 FED WIRE FEES 09-Dec-I 999 -0.85 99364N648 LEHMAN BROTHBRS REPO 0.00 cw 09-Dec-1999 0.00 LIQUID OPER-PIMCO 0.00 FED WIRE FEES I O-Dec-1999 -0.85 99364P569 LEHMAN BROTHERS REPO 0.00 cw 1 O-Dec-1999 0.00 LIQUID OPER-PIMCO 0.00 FED WlRE FEES 14-Dec-1999 -0.85 99364R391 LEHMAN BROTIIERS REPO 0.00 CW 14-Dec-1999 0.00 LIQUID OPER-PIMCO 0.00 PED WIRE FEES 15-Dec-1999 -0.85 99364S399 LEHMANBROTIIERSREPO 0.00 cw I 5-Dec-1999 0.00 LONG TERM OPER-PIMCO 0.00 FED WIRE FEES 20-Dec-1999 -0.85 99364Vl94 GOLDMAN SACHS LP REPO 0.00 cw 20-Dec-1999 0.00 1 /-Jan-2000 8: 39:06 Executive Workbench OCSGOOOI 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE .PURCHASES 0.00 99364W259 cw 0.00 99364W994 cw 0.00 99364Y115 cw 0.00 99364Z153 cw 0.00 99365A0.25 cw 0.00 99365B007 cw CASH & CASH EQUIVALENTS 1 J-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999-31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO FED WIRE FEES LEHMAN BROTHERS REPO LONG TERM OPER-PlMCO FED WIRE FEES LEHMAN BROTHERS REPO LONG TERM OPER-PlMCO FED WIRE FEES LEHMAN BROTHERS REPO LONG TERM OPER-PlMCO FED WIRE FEES LEHMAN BROTHERS REPO LONG TERM OPER-PlMCO FED WIRE FEES LEHMAN BROTHERS REPO LONG TERM OPER-PIMCO FED WIRE FEES LEHMAN BROTHERS REPO TRADE DATE/ SETTLDATE/ COMPLDATE 2 l-Dec-1999 21-Dec-1999 22-0ec-1999 22-Dec-1999 23-Dec-1999 23-Dec-I 999 27-Dec-1999 27-Dec-1999 28-Dec-1999 28-Dec-1999 29-Dec-1999 29-Dec-1999 PAGE: 3 AMOUNT/ COST/ GAIN/LOSS -0.85 0.00 0.00 -0.85 0.00 0.00 -0.85 0.00 0.00 -0.85 0.00 0.00 -0.85 0.00 0.00 -0.85 0.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 4 PORTFOLIO DETAIL OCSGOOOJOOOO Ol-DEC-1999 -31-DEC-1999 OCSD-CONSOLJDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PIMCO 900,000.00 LEHMAN BROTHERS REPO 01-Dec-1999 -900,000.00 99364H708 05.500% 12/02/1999 DD 12/01/ Ol-Dcc-1999 900,000.00 B LEHMAN BROS INC, NJ 0.00 LIQUID OPER-PIMCO 900,000.00 LEHMAN BROTHERS REPO Ol-Dec-1999 -900,000.00 99364H708 05.500% 12/02/1999 DD 12/01/ Ol-Dec-1999 0.00 FC LEHMAN BROS INC, NJ Ol-Dec-1999 0.00 LONG TERM OPER-PIMCO 9,500,000.00 EASTMAN KODAK CO DISC Ot-Dec-1999 -9,411,924.45 27746AAS8 01/26/2000 Ol-Dec-1999 9,411,924.45 B MORGAN JP SECS -FIXED !NCO 0.00 LONG TERM OPER-PIMCO 9,500,000.00 EASTMAN KODAK CO DISC Ol-Dec-1999 -9,411,924.45 27746MS8 01/26/2000 Ol-Dec-1999 0.00 FC MORGAN JP SECS -FIXED INCO Ol-Dec~1999 0.00 LIQUID OPBR-PIMCO 136.65 DREYFUS TREASURY CASH MGMT 02-Deo-1999 -136.65 996085247 02-Dec· 1999 136.65 B 0.00 LIQUID OPER-PIMCO 136.65 DREYFUS TREASURY CASH MGMT 02-0ec-1999 -136.65 996085247 02-Dec-1999 0.00 FC 02-Dec-1999 0.00 LONG TERM OPER·PIMCO 6,663.08 DREYFUS TREASURY CASH MGMT 02-Dee-1999 ~.663,08 996085247 02-Dec-t 999 6,663.08 B 0.00 1 l-Jan-2000 8:39:06 Executive Work.bench @ ORANGE COUNTY SANITATION DISTRICT PAGE: .5 PORTFOLIO DETAIL OCSGOOO I 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARESIPAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SEITLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAINILOSS LONG TERM OPER-PIMCO 6,663.08 DREYFUS TREASURY CASH MGMT 02-Dec--1999 -6,663.08 996085247 02-Dec-1999 0.00 FC 02-Dec-1999 0.00 LIQUID OPER-PIMCO 900,000.00 LEHMAN BROTHERS REPO 02-Dec-1999 -900,000.00 993641639 05.580% 12/03/1999 DD 12/02/ 02-Dec• 1999 900,000.00 B LEHMAN BROS TNC, NJ 0.00 LIQUID OPER-PlMCO 900,000.00 LEHMAN BROTHERS REPO 02-Dec-l 999 -900,000.00 993641639 05.580% 12/03/l999 DD 121021 02-Dec-J 999 0.00 FC LEHMAN BROS lNC. NJ 02-Dec-1999 0.00 LIQUID OPER-PIMCO 135.25 DREYFUS TREASURY CASH MGMT 03-Dec-1999 -135.25 996085247 03-Dec-1999 135.25 B 0.00 LIQUID OPER-PlMCO 135.25 DREYFUS TREASURY CASH MGMT 03-Dec-1999 -135.25 996085247 03-Dec-1999 0.00 FC 03-Dec-1999 0.00 LIQUID OPER-PIMCO 900,000.00 LEHMAN BROTHERS REPO 03-Dec-1999 -900,000.00 99364L014 05.450% 12/0611999 DD 12/03/ 03-Dec-1999 900,000.00 B LEHMAN GOVT SECS INC, NY 0,00 LIQUID OPER-PlMCO 900,000.00 LEHMAN BROTHERS REPO 03-Dec-1999 -900,000.00 99364LOI4 05.450% l2/06/1999DD 12/03/ 03-Dec-1999 0.00 FC LEHMAN GOVT SECS INC, NY 03-Dec-1999 0.00 J J-Jan-2000 8:39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 6 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO l 0, 700,000.00 GENERAL ELEC CAP DISC 03-Dec-1999 -10,579,743.89 36959HB97 0210912000 03-Deo-1999 10,579, 743.89 B CITIBANK CP IPA, NEW YORK 0.00 LONG TERM OPER-PIMCO 10,700,000.00 GENERAL ELEC CAP DISC 03-Dec-1999 -10,579,743.89 36959HB97 0210912000 03-Dec-1999 0.00 FC CITIBANK CP IPA, NEW YORK 03-Dec-l 999 0.00 LlQUfD OPER-PIMCO 24,011.15 DREYFUS TREASURY CASH MGMT 06-Dec-1999 -24,011.1 5 996085247 06-Dec-1999 24,011.1 5 B 0.00 LIQUID OPER-PIMCO 24,011.15 DREYFUS TREASURY CASH MGM1' 06-Dec-1999 -24,011.15 996085247 06-Dec-1999 0.00 FC 06-Dec-1999 0.00 LIQUID OPER-PIMCO 900,000.00 ILLINOIS TOOL WR.K DISC 06-Dec-1999 -891,586.00 45230:KAXO 01/3112000 06-Dec-1999 891,586.00 s MORGAN J P SECS -FIXED INCO 0.00 LIQUID OPER-PIMCO 900,000.00 ILLINOIS TOOL WRK DISC 06-Dec-1999 -891,586.00 45230KAXO 01/31/2000 06-Dec-I 999 0.00 FC MORGAN JP SECS -FJXED INCO 06-Dec-1999 0.00 LIQUID OPER-PIMCO 400,000.00 LEHMAN BROTIIERS REPO 06-Dec-1999 -400,000.00 99364L758 05.480% 12/07/1999 DD 12/06/ 06-Dec-1999 400,000.00 B LEHMAN BROS INC, NJ 0.00 JJ-Jan-2000 8:39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 7 PORTFOLIO DETAIL OCSGOOO I 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PIMCO 400,000.00 LEHMAN BROTHERS REPO 06-Dec-1999 -400,000.00 99364L758 05.480% 12/07/1999 DD 12/06/ 06-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 06-Dec-1999 0.00 LIQUID OPER-PIMCO 900,000.00 FLORIDA PWR CORP DISC 06-Dec-1999 -890,448.00 34110AB93 02/09/2000 • 07-Dec-1999 890,448.00 B BANK ONE CAP MKTS, CHICAGO 0.00 LIQUID OPER-PlMCO 900,000.00 FLORIDA PWR CORP DISC 06-Dec-1999 -890,448.00 341 IOAB93 02/09/2000 07-Dec-I 999 0.00 FC BANK ONE CAP MKTS, CHICAGO 07-Dec-1999 0.00 LIQUID OPER-PIMCO 9,475.04 DREYFUS TREASURY CASH MGMT 07-Dec-1999 -9,475.04 996085247 07-Deo-1999 9,475.04 B 0.00 LIQUID OPER-PIMCO 9,475.04 DREYFUS TREASURY CASH MGMT 07-0ec-1999 -9,475.04 996085247 07-Dec-1999 0.00 FC 07-Dec-1999 0.00 LONG TERM OPER-PIMCO l,I00,000.00 FEDERAL HOME LN MTG CORP DIS 07-Dec-1999 -1,097,511.25 313396QV8 MAT 12/2211999 07-Peo-1999 1,097,511.25 B WARBURG DlLLON READ LLC, NEW 0.00 LONG TERM OPER-PIMCO l, 100,000.00 FEDERAL HOME LN MTG CORP DIS 07-Dec-1999 -1,097,511.25 313396QV8 MAT 12/22/1999 07-Dec-1999 0.00 FC WARBURG DILLON READ LLC, NEW 07-Dec-1999 0.00 J J-Jan-2000 8:39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 8 PORTFOLIO DETAIL OCSGOOO I 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLlDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO 6,300,000.00 AMERICAN EX CR CP DISC 07-Dec-1999 -6,247,587.50 02581RAS2 01/26/2000 07-Dec-1999 6,247,587.50 B MORGAN J P SECS -FIXED !NCO 0.00 LIQUID OPER-PIMCO 400,000.00 LEHMAN BROTHERS REPO 07-Dec-1999 -400,000.00 99364M426 05.440% 12/08/1999 DD 12/07/ 07-Dec-1999 400,000.00 B LEHMAN BROS INC. NJ 0.00 LIQUID OPER-PIMCO 400,000.00 LEHMAN BROTHERS REPO 07-Dec-1999 -400,000.00 99364M426 05.440% 12/08/1999DD12/07/ 07-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 07-Dec-1999 0.00 LONG TERM OPER-PIMCO 6,300,000.00 AMERICAN EX CR CP DISC 07-Dec-1999 -6,247,587.50 0258JRAS2 01/26/2000 07-Dec-1999 0.00 FC MORGAN J P SECS • FIXED !NCO 07-Dec-1999 0.00 LIQUID OPER-PIMCO 300,000.00 LEHMAN BROTHERS REFt> 08-Dec-1999 -300,000.00 99364N648 05.350% 12/09/1999 DD 12/08/ 08-Dec-t 999 300,000.00 B LEHMAN BROS INC, NJ 0.00 LIQUID OPER-PIMCO 300,000.00 LEHMAN BROTHERS REPO 08-Dec..1999 -300,000.00 99364N648 05.350% 12/09/1999 DD 12/08/ 08-Dec-t 999 0.00 FC LEHMAN BROS INC, NJ 08-Dec-1999 0.00 LONG TERM OPER-PIMCO 5,500,000.00 MOTOROLA INC DISC 08-0ec-1999 -5,454,029. l 7 62008AAU3 01/28/2000 08-Dec-1999 5,454,029.17 B MERRILL LYNCH PIERCE FENNER 0.00 I l-Jan-2000 8:39:06 F..xecutive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: '9 PORTFOLIO DETAIL OCSGOOOIOOOO 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BRO.KER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO 5,500,000.00 MOTOROLA INC DISC 08-Dec-1999 -5,454,029.17 62008AAU3 01/28/2000 08-Dec-1999 0.00 FC MERRILLLYNCHPIERCEFENNER 08-Deo-1999 0.00 LIQUID OPER-PIMCO 43.73 DREYFUS TREASURY CASH MGMT 09-Dec-1999 -43.73 996085247 09-Dec-1999 43.73 B 0.00 LIQUID OPER-PIMCO 43.73 DREYFUS TREASURY CASH MGMT 09-Deo-1999 -43.73 996085247 09-Deo-1999 0.00 FC 09-Deo-1999 0.00 LIQUID OPER-PIMCO 300,000.00 LEHMAN BROTHERS REPO 09-Deo-1999 -300,000.00 99364P569 05.510% 12/10/1999 DD 12/09/ 09-Deo-1999 300,000.00 B LEHMAN BROS INC, NJ 0.00 LIQUID OPER-PIMCO 300,000.00 LEHMANBROTHERSREPO 09-Dec-1999 -300,000.00 99364P569 05.510% 12/10/1999 DD 12/09/ 09-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 09-Dec-1999 0.00 LONG TERM OPER-PIMCO 7, 700,000.00 IBM msc 09-Deo-1999 -7,624,155.00 45920DB85 02/08/2000 1 O-Dec-1999 7,624, 155.00 B BANKERS TRUST CP/IPA, NEW YO 0.00 LONG TERM OPER-PIMCO 7,700,000.00 IBM DISC 09-Dec-1999 -7,624,155.00 45920DB85 02/08/2000 1 O-Dec-1999 0.00 FC BANKERS TRUSTCP/IPA. NEW YO 10-Dec-1999 0.00 1 J-Jan-2000 8:39:06 Executive Workbench OCSGOOO 10000 OCSD-CONSOL/DATED SHARES/PAR SEClJRlTY ID TRANSCODE 1,500,000.00 313396RA3 B 2,500,000.00 313396RA3 FC 300,000.00 313588QL2 B 300,000.00 313588QL2 FC 75,845.00 996085247 B 75,845.00 996085247 FC 6,566.88 996085247 B //.Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PlMCO FEDERAL HOME LN MTG CORP DIS MAT 12/27/1999 LEHMAN GOVT SECS INC, NY LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/27/1999 LEHMAN GOVT SECS INC, NY LIQUID OPER-PIMCO FEDERAL NATL MTG ASSN DISC MAT 12/13/1999 MORGAN J P SECS • FIXED INCO LIQUID OPER-PIMCO FEDERAL NATL MTG ASSN DISC MAT 12/13/1999 MORGAN J P SECS -FIXED INCO LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PJMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTLDATE/ COMPLDATE 09-Dec-I 999 l 0-Dec-1 999 09-Dec-1999 I O-Dec-1999 10· Dec-1999 09-Dec-1999 IO·Dec-1999 09-Dec-1999 l 0-Deo-I 999 10-Deo-I 999 l O·Dec-1999 1 O-Dec-1999 1 O-Dec-1999 10-Dec-1999 10-Dec-1999 l 0-Dec-I 999 10-Dec-1999 PAGE: 10 AMOUNT/ COST/ GAIN/LOSS -2,493,613. 19 2,493,613.19 0.00 -2,493,613.19 0.00 0.00 -299,865.00 299,865.00 0.00 -299,865.00 0.00 0.00 -75,845.00 75,845.00 0.00 -75,845.00 0.00 0.00 -6,566.88 6,566.88 0.00 Executive Workbench OCSGOOOJOOOO OCSD-CONSOLJDATED SHARES/PAR SECURITY lD TRANSCODE 6,566.88 996085247 FC 300,000.00 99364R391 B 300,000.00 99364R391 FC 900,000.00 313396QV8 B 900,000.00 3l3396QV8 FC 45.40 996085247 B 45.40 996085247 FC J l-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION{ BROKER LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO LEHMAN BROTHERS R.EPO 05.550% 12/14/1999 DD 12113/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.550% 12/14/1999 DD 12/131 LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/22/1999 MERRILL LYNCH PIERCE FENNER LONG TERM OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT l2/22fl999 MERRILL LYNCH PIERCE FENNER LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTLDATE/ COMPLDATE 10-Dec-1999 10-Dec-1999 10-Dec-1999 13-Dec-1999 13-Dec-1999 13-Dec-1999 13-Dec-1999 13-0~1999 13-Dec-1999 13-Dec-1999 13-Dec-1999 13-Dec-1999 13-Dec-1999 l 4-Dec-1999 l 4-Dec• 1999 14-Dec-1999 14-Dec-J 999 I 4-Dec-1999 PAGE: AMOUNT/ COST/ GAIN/LOSS -6,566.88 0.00 0.00 -300,000.00 300,000.00 0.00 -300,000.00 0.00 0.00 -898,778.25 898,778.25 0.00 -898, 778.25 0.00 0.00 -45.40 45.40 0.00 -45.40 0.00 0.00 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE 300,000.00 99364S399 B 300,000.00 993648399 FC 1,154, 178.17 996085247 B 1,154,178.17 996085247 FC 900,000.00 36959HBE6 B 900,000.00 36959HBE6 FC 1,200,000.00 313312QW3 B 1 J-Jan-2000 8:39:06 II ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.430% 12/1511999 DD 12/14/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO LEliMAN BROTHERS REPO 05.430% 12/lS/1999 DD 12/14/ LEHMAN BROS INC, NJ LONG TERM OPER·PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PJMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO GENERAL BLEC CAP DISC 02/14/2000 MERRILL LYNCH PIERCE FENNER LJQUID OPER-PlMCO GENERAL ELEC CAP DISC 02/14/2000 MERRILL LYNCH PIERCE FENNER LIQUID OPER-PIMCO FEDERAL FARM CR BK CONS DISC MAT 12123/1999 GOLDMAN SACHS & CO, NY TRADE DATE/ SETTLDATE/ COMPLDATE 14-Dec-1999 l 4-Dec-1999 14-Dec-1999 14-Dec-1999 14-Dec-1999 15-Dec-1999 15-Dec-1999 15-0ec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-l 999 15-Dec-1999 15-Dec-1999 15-Dec-l 999 l 5-Dec-1999 15-Dec-1999 PAGE: 12 AMOUNT/ COST/ GAIN/LOSS -300,000.00 300,000.00 0.00 -300,000.00 0.00 0.00 -1,154,l 78.17 1,154,178.17 0.00 -1,1,54,178.17 0.00 0.00 -890,636.50 890,636.50 0.00 -890,636.50 0.00 0.00 -1,198,560.00 1,198,560.00 0.00 &ecutive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: JJ PORTFOLIO DETAIL OCSGOOO 10000 01-DEC-1999-31-DEC-1999 OCSD-CONSOL!DATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PIMCO 1,200,000.00 FEDERAL FARM CR BK CONS DISC 15-Dec-1999 -1, 198,560.00 3B312QW3 MAT 12/23/1999 15-Dec-1999 0.00 FC GOLDMAN SACHS & CO, NY 15-Dec-1999 0.00 LIQUID OPER-PlMCO 87,368.lO DREYFUS TREASURY CASH MGMT 16-Dec-1999 -87,368.10 996085247 t 6-Dec-1999 87,368.IO B 0.00 LIQUID OPER-PIMCO 87,368.10 DREYFUS TREASURY CASH MGMT 16-Dec-1999 -87,368.10 996085247 16-De<> l 999 0.00 FC 16-Dec-1 999 0.00 LIQUID OPER-PIMCO 352.00 DREYFUS TREASURY CASH MGMT 17-Dec-1999 -352.00 996085247 17-Dec-1999 352.00 B 0.00 LIQUID OPER-PIMCO 352.00 DREYFUS TREASURY CASH MGMT 17-Dec-1999 -352.00 996085247 17-Dec-1999 0.00 FC 17-Dec-1999 0.00 LONG TERM OPER-PlMCO 1,100,000.00 NATIONAL RURAL DISC 17-Dec-1999 -1,086,844.00 63743CBQS 02/24/2000 l 7-Dec-1999 1,086,844.00 B MERRILL LYNCH PIERCE FENNER 0.00 LONG TERM OPER-PlMCO 1,100,000.00 NATIONAL RURAL DISC 17-Dec-1999 -1,086,844.00 63743CBQ5 02/24/2000 17-Dec-1999 0.00 FC MERRILL LYNCH PIERCE FENNER 17-Dec-1999 0.00 J 1-Jan-2000 8: 39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: u PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETILDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO 10,000,000.00 GOLDMANSACHSLPREPO 17-De<> I 999 • l 0,000,000.00 99364Vl94 05.260% 12/20/1999 DD 12/17/ 17-Dec-1 999 10,000,000.00 B GOLDMAN SACHS & CO, NY 0.00 LONG TERM OPER-PIMCO 10,000,000.00 GOLDMAN SACHS LP REPO 17-Dec-1999 -10,000,000.00 99364V194 05.260% 12/20/1999 DD 12/17/ 17-Dec-1999 0.00 FC GOLDMAN SACHS & CO, NY 17-Dec-1999 0.00 LIQUID OPER-PIMCO 800,000.00 FEDERAL NATL MTG ASSN DISCOU 17-Dec-1999 -799,648.00 313588QT5 MAT 12/20/1997 17-Dec-1999 799,648.00 B CREDIT SUISSE FIRST BOSTON C 0.00 LIQUID OPER-PIMCO 800,000.00 FEDERAL NATL MTG ASSN DISCOU 17-Dec-1999 • 799,648.00 313588QT5 MAT 12/20/1997 17-Dec-1999 0.00 FC CREDIT SUISSE FIRST BOSTON C l 7-Dec-1999 0.00 LIQUID OPER-PIMCO 4,515.70 DREYFUS TREASURY CASH MGMT 20-Dec-1999 -4,515.70 996085247 20-Dec-1999 4,515.70 B 0.00 LIQUID OPER-PIMCO 4,515.70 DREYFUS TREASURY CASR MGMT 20-Dec-1999 -4,515.70 996085247 20-Dec-1999 0.00 FC 20-Dec-1999 0.00 LONG TERM OPER-PIMCO 47,851.38 DREYFUS TREASURY CASH MGMT 20-Dec-1999 -47,851.38 996085247 20-Dec-1999 47,851.38 B 0.00 J l-Jan-2000 8:39:06 Executive Workbench OCSGOOOJOOOO OCSD-CONSOUDATED SHARES/PAR SECURITY ID TRANSCODE 47,851.38 996085247 PC 800,000.00 313588QU2 B 800,000.00 313588QU2 PC 10,000,000.00 99364W259 B l0,000,000.00 99364W259 FC 119. ll 996085247 B 119.ll 996085247 FC 1 !-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL Ol-DEC-1999 -31-DEC-1999 TRANSACTION DESCRl.PTION/ BROKEg LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO FEDERAL NATL MTG ASSN DISCOU MAT 12/21 /1999 GOLDMAN SACHS & CO, NY -, LIQUID OPER-PIMCO FEDERAL NATL MTG ASSN DISCOU MAT 12/21/1999 GOLDMAN SACHS & CO, NY LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.400% l2/21/1999 DD 12/20/ LEHMAN BROS fNC, NJ LONG TERM OPER-PIMCO LEHMAN BROTIIBRS REPO 05.400% 12/21/1999 DD 12120/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTLDATE/ COMPLDATE 20-Dec-l 999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 21-Deo-1999 2 l ·Dec-1999 21-Dec-1999 21-Dec-1999 21-Dec-1999 II PAGE: 15 AMOUNT/ COST/ GAIN/LOSS -47,851.38 0.00 0.00 -799,882.22 799,882.22 0.00 -799,882.22 0.00 0.00 -10,000,000.00 10,000,000.00 0.00 -l 0,000,000.00 0.00 0.00 -119. n 119.11 0.00 ·119.11 0.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 16 PORTFOLIO DETAIL OCSGOOO l 0000 01-DEC-1999-31-DEC-1999 OCSD-CONSOLJDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PIMCO 800,000.00 FEDERAL NA TL MTG ASSN DISCOU 21-Dec-1999 -799,880.89 313588QVO MAT 12/22/1999 2 l-Dec-1999 799,880.89 B MERRILL LYNCH PlERCE FENNER 0.00 LIQUID OPER-PIMCO 800,000.00 FEDERAL NATL MTG ASSN DISCOU 21-Dec-1999 • 799,880.89 313588QVO MAT 12/22/1999 2 l-Oec-1999 0.00 FC MERRILL LYNCH PIERCE FENNER 21-Dec-1999 0.00 LONG TERM OPER-PIMCO l 0, l 00,000.00 LEHMAN BROTHERS REPO 21-Dec-1999 -10,100,000.00 99364W994 05.490% 12/22/1999 DD 12/21/ 21-Dec-1999 10, 100,000.00 B LEHMAN BROS INC, NJ 0.00 LONG TERM OPEll-PIMCO 10,100,000.00 LEHMAN BROTHERS REPO 21-Dec-1999 -1O,I00,000.00 99364W994 05.490% 12122/1999 DD 12/21/ 21-Dec-1999 0.00 PC LEHMAN BROS INC, NJ 21-Dec-1999 0.00 LIQUID OPER-PIMCO t 19.56 DREYFUS TREASURY CASH MGMT 22-Dec-1999 -119.56 996085247 22-Dec-1999 1J9.56 B 0.00 LIQUID OPER-PIMCO I 19.56 DREYFUS TREASURY CASH MGMT 22-Dec-1999 -119.56 996085247 22-Dec-1999 0.00 FC 22-Dec-1999 0.00 LIQUID OPER-PIMCO 800,000.00 FEDERAL NATL MTG ASSN DISC 22-Dec-1999 -799,880.44 313588QW8 MAT 12/23/1999 22-Dec-1999 799,880.44 B MORGAN STANLEY & CO INC, NY 0.00 11-Jan-2000 8:39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT 11 PAGE: 17 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLTDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PJMCO 800,000.00 FEDERAL NATL MTG ASSN DISC 22-Dec-1999 • 799,880.44 313588QW8 MAT 12/23/1999 22-Dec-1999 0.00 FC MORGAN STANLEY & CO INC, NY 22-Dec-1999 0.00 LONG TERM OPER·PIMCO 12,200,000.00 LEHMANBROTHERSREPO 22-Dec-1999 -12,200,000.00 99364Yl 15 05.400% 12/23/1999 DD 12/22/ 22-Dec-1999 12,200,000.00 B LEHMAN BROS INC, NJ 0.00 LONG TERM OPER-PIMCO 12,200,000.00 LEHMAN BROTHERS REPO 22-Dec-1999 -12,200,000.00 99364Yl 15 05.400% 12123/1999 DD 12/22/ 22-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 22-Dec-1999 0.00 LIQUID OPER-PIMCO 1,235,204.02 DREYFUS TREASURY CASH MGMT 23-Dec-1999 -1,235,204.02 996085247 23-Dec-1999 1,235,204.02 B 0.00 LIQUID OPER-PlMCO l,235,204.02 DREYFUS TREASURY CASH MGMT 23-Dec-1999 -1,235,204.02 996085247 23 -Dec-1999 0.00 FC 23-Dec-1999 0.00 LIQUID OPER-PIMCO 250,000.00 FEDERAL FARM CR BK CONS SYST 23-Dec-1999 -249,85 1.39 313312RAO MAT 12/27/1999 23-Dec-1999 249,851.39 B GOLDMAN SACHS & CO, NY 0.00 LONG TERM OPER-PIMCO 12,200,000.00 LEHMAN BROTHERS REPO 23-Dec-l 999 -12,200,000.00 99364Zl53 05.300% 12127/1999 DD l2/23/ 23-Dec-1999 12,200,000.00 B LEHMAN BROS INC, NJ 0.00 JJ-Jan-2000 8:39:06 Executive Workbench fb ORANGE COUNTY SANITATION DISTRICT PAGE: 18 PORTFOLIO DETAIL OCSGOOO I 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO 12,200,000.00 LEHMAN BROTHERS REPO 23-Dec-1999 -12,200,000.00 99364Zl53 05.300% 12/27/1999DD 12/23/ 23-Dec-1999 0.00 PC LEHMAN BROS INC, NJ 23-Dec-1999 0.00 LIQUID OPER-PIMCO 250,000.00 FEDERAL FARM CR BK CONS SYST 23-Dcc-1999 -249,851.39 313312RAO MAT 12127/1999 23-Dec-1999 0.00 FC GOLDMAN SACHS & CO, NY 23-Dec-1999 0.00 LIQUID OPER-PIMCO 1,250,000.00 FEDERAL FARM CR BK CONS SYST 23-Dec-1999 -1,248,916.67 313312RC6 MAT 12/29/1999 23-Dec-1999 1,248,916.67 B CREDIT SUISSE FIRST BOSTON C 0.00 LIQUID OPER-PJMCO 1,250,000.00 FEDERAL FARM CR BK CONS SYST 23-Dec-1999 -1,248,916.67 313312RC6 MAT 12/29/1999 23-Dec-1999 0.00 FC CREDIT SUISSE FIRST BOSTON C 23-Dec-1999 0.00 LONG TERM OPER·PIMCO 65,534.25 DREYFUS TREASURY CASH MGMT 27-Dec-l 999 -65,534.25 996085247 27-Dec-1999 65,534.25 B 0.00 LONG TERM OPER-PIMCO 65,534.25 DREYFUS TREASURY CASH MGMT 27-Dec-1999 -65,534.25 996085247 27-Dec-1999 0.00 FC 27-Dec-1999 0.00 LIQUID OPER-PIMCO 2,800,000.00 FEDERAL HOME LNMTG CORP DIS-27-0ec-1999 -2, 799,594.00 313396RB1 MAT 12/28/1999 27 ·Dec-1999 2, 799,594.00 B CREDIT SUISSE FIRST BOSTON C 0.00 1 l-Jan-2000 8:39:06 Executive JVorkbench OCSGOOO I 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE 2,800,000.00 313396RB1 FC 12,300,000.00 9936SA025 B 12,300,000.00 9936SA025 PC 404.44 996085247 B 404.44 996085247 FC 1,792.90 996085247 B 1,792.90 996085247 FC J /-Jwi-2000 8:39~06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/28/1999 CREDIT SUISSE FIRST BOSTON C LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.250% 12/2 8/1999 DD 12/27/ LEHMAN BROS INC, NJ -· LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05250% 12/28/1999 DD 12/27/ LEHMAN BROS JNC, NJ LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PilvlCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTLDATE/ COMPLDATE 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27 -Dec-1999 27-Dec-l 999 27-Dec-1999 27-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 PAGE: 19 AMOUNT/ COST/ GAIN/LOSS -2, 799,594.00 0.00 0.00 -12,300,000.00 12,300,000.00 0.00 -12,300,000.00 0.00 0.00 -404.44 404.44 0.00 -404.44 0.00 0.00 -1,792.90 1,792.90 0.00 -1,792.90 0.00 0.00 &eculive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SF.CURJTV ID TRANSCODE 1,800,000.00 313396RC9 B l,800,000.00 313396RC9 PC 12,300,000.00 99365B007 B I ,000,000.00 313396RC9 B 12,300,000.00 99365B007 FC l,000,000.00 313396RC9 FC 4,050,000.00 996085247 B 1 l-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1 999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PfMCO FEDERAL HOME LN MTG CORP DIS MAT 12/19/1999 MERRlLLLYNCHPIERCEFENNER LlQUID OPBR-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/19/1999 MERRJLL LYNCH PIERCE FENNER LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.150% 12/29/1999 DD 12/28/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/19/1999 MORGAN 1 P SECS -FIXED INCO LONG TERM OPER-PlMCO LEHMAN BROTHERS REPO 05.150% 12/29/1999 DD 12/28/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/1911999 MORGAN 1 P SECS -FIXED INCO LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTJ. DAT~/ COMPLDATE 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1 999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-I 999 29-Dec-1999 29-Dec-1999 PAGE: 20 AMOUNT/ COST/ GAIN/LOSS -1,799,745.00 1,799,745.00 0.00 -1, 799, 745.00 0.00 0.00 -12,300,000.00 12,300,000.00 0.00 -999,850.56 999,850.56 0.00 -12,300,000.00 0.00 0.00 -999,850.56 0.00 0.00 -4,050,000.00 4,050,000.00 0.00 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE 4,050,000.00 996085247 PC 12,333,804.98 996085247 8 12,333,804.98 996085247 FC 6,688.00 996085247 B 6,688.00 996085247 FC FIXED INCOME SECURITIES -10,500,000.00 OIN062615 BC -11,000,000.00 OlN062615 BC I J-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO COMMIT TO PUR GNMA SF MTG 6.500% 01/15/2029 MERRILL LYNCH PIERCE FENNER LONG TERM OPER-PlMCO COMMIT TO PUR GNMA SF MTG 6.500% 01/15/2029 BEAR STEARNS & CO INC, NY TRADE DATE/ SETTLDATE/ COMPLOATE 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 3 I -Dec-I 999 3 l -Oec-1999 3 l-Dec-1999 31-Dec-1999 31-Dec-1999 27-0ct-1999 25-Jan-2000 27-0ct-1999 25-Jan-2000 PAGE: 21 AMOUNT/ COST/ GAIN/LOSS -4,050,000.00 0.00 0.00 -12,333,804.98 12,333,804.98 0.00 -12,333,804.98 0.00 0.00 -6,688.00 6,688.00 0.00 -6,688.00 0.00 0.00 9,896,250.00 -9,896,250.00 0.00 10,360,625.00 -l 0,360,625.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 22 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLLDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITYID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPE~PIMCO I 0,500,000.00 COMMIT TO PUR GNMA SF MTG 27-0ct-1999 -9,896,250.00 OIN062615 6.500% 01/15/2029 25-Jan-2000 9,896,250.00 B MERRILL LYNCH PIERCE FENNER 0.00 LONG TERM OPER-PIMCO 11,000,000.00 COMMIT TO PUR GNMA SF MTG 27-0ct-1999 -10,360,625 .00 OIN062615 6.500% 01/15/2029 25-Jan-2000 I 0,360,625.00 B BEAR STEARNS & CO INC, NY 0.00 LONG TERM OPER-PIMCO 6,.250,000.00 COMMIT TO PUR GNMA SF MTG 04-Nov-1999 -5,818,359.38 01N0606C5 6.000% 12/15/2028 20-Dec-1999 0.00 FC GOLDMAN SACHS & CO, NY 20-Dec-1999 0.00 LONG TERM OPER-PIMCO 730,000.00 COMMIT TO PUR FNMA 11 TH DIST 04-Nov-1999 -715,400.00 1 IF0116C6 VAR RT 12/25/2028 22-Dec-1999 0.00 FC GOLDMAN SACHS & CO, NY 22-Dec-1999 0.00 LIQUID OPeR-PlMCO 475,000.00 ASSOCIATES CORP NORTH AMER Ol-Dec-1999 -474,273.25 046003EL9 6.000% 06/15/2000 06-Dec-1999 474,273.25 B BEAR STEARNS & CO INC, NY 0.00 LTQUID OPER-PIMCO 475,000.00 ASSOCIATES CORP NORTH AMER 0 l-Dec-1999 -13,537.50 046003EL9 6.000% 06/15/2000 06-Dec-1999 0.00 JB 0.00 LIQUID OPER-PIMCO 475,000.00 ASSOCIATES CORP NORTH AMER 01-De<:-1999 -487,810.75 046003EL9 6.000% 06/l 5/2000 06-Dec-1999 0.00 FC BEAR STEARNS & CO INC, NY 06-Dec-1999 0.00 1 l-Jan-2000 8:39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 23 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO 5,000,000.00 LEHMAN BROS HLDGS MTN 02-Dec-1999 -5,000,000.00 52517PQQ7 FLTG RT 12/12/2002 DD 12/07/ 07-Dec-1999 5,000,000.00 B LEHMAN GOVT SECS INC, NY 0.00 LONG TERM OPER-PIMCO 5,000,000.00 LEHMAN BROS HLDGS MTN 02-Dec-1999 -5,000,000.00 52517PQQ7 FLTG RT 12/12/2002 DD 12/07/ 07-Dec-1999 0.00 FC LEHMAN GOVT SECS INC, NY 07-Dec-1999 0.00 LONG TERM OPER-PTMCO 6,250,000.00 COMMIT TO PUR GNMA SF MTG 02-Dec-1999 -5, 750,000.00 OIN060619 6.000% 01/15/2029 25-Jan-2000 5,750,000.00 B GOLDMAN SACHS & CO, NY 0.00 LIQUID OPER-PIMCO 150,000.00 MORGAN J P & CO MTN SR 00043 03-Dec-1999 -149,625.00 61687YBUO 6.125% 10/02/2000 DD 10/02/9 08-Dec-1999 149,625.00 B MORGAN .I P SECS -FIXED INCO 0.00 LIQUID OPER-PIMCO 150,000.00 MORGAN JP & CO MTN SR 00043 03-Dec-1999 -1,684.38 6l687YBUO 6.125% I 0/02/2000 DD I 0/02/9 08-Dec-1999 0.00 IB 0.00 LIQUID OPER-PIMCO 150,000.00 MORGAN JP & CO MTN SR 00043 03-0ec-1999 -151,309.38 61687YBUO 6.125% 10/02/2000 DD 10/02/9 08-Dec-1999 0.00 FC MORGAN J P SECS -FIXED INCO 08-Dec-1999 0.00 LONG TERM OPER-PIMCO 730,000.00 COMMIT TO PtJR FNMA 11 TH DIST 13-Dec-1999 -716,312.50 I 1F011610 VAR RT 01/25/2029 26-Jan-2000 ?16,312.50 8 GOLDMAN SACHS & CO, NY 0.00 J J-Jan-2000 8:39:06 Executive Workbench OCSGOOOJOOOO OCSD-CONSOLJDAIED PAY UPS SHARES/PAR SECURITY ID TRANSCODE 500,000.00 362320AQ6 B 500,000.00 362320AQ6 IB 500,000.00 362320AQ6 FC FIXED INCOME SECURITIES 13,860.00 9128273A8 PU 13,860.00 9128273A8 FC 20,000.00 9128272M3 PU IJ-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO GTE CORP DEB 9.375% 12/01/2000 MORGAN JP SECS -FIXED INCO LIQUID OPER-PIMCO GTBCORPDEB 9.375% 12/01/2000 LIQUID OPER-PlMCO GTE: CORP DEB 9.375% 12/01/2000 MORGAN J P SECS -FIXED INCO LONG TERM OPER-PIMGO US TREASURY INFLATION INDEX 3.625% 07/15/2002 DD 07/15/ LONG TERM OPER-PIMCO US TREASURY !NFLATlON INDEX 3.625% 07/15/2002 DD 07/15/ LONG TERM OPER-PIMCO US TREASURY INFLATION INDEX 3.375% 01/15/2007 DD 01/15/ TRADE DATE/ SETTLDATE/ COMPLDATE 20-Dec-1999 23-Dec-1999 20-Dec-1999 23-Dec-1999 20-Dec-1999 23-Dec-1999 23-Dec-1999 15-Jul-1999 15-Jul-1999 15-Jul-1999 15-Jul-1999 31-Dec-1999 15-Jul-1999 l 5-Jul-1999 PAGE: 24 AMOUNT/ COST/ GA JN/LOSS -512,080.00 512,080.00 0.00 •2,864.59 0.00 0.00 -514,944.59 0.00 0.00 -13,860.00 13,860.00 0.00 -13,860.00 0.00 0.00 -20,000.00 20,000.00 0.00 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SALES SHARES/PAR SECURITY ID TRANSCODE 20,000.00 9128272M3 FC 19,00 3133TCE95 PU 19.00 3133TC£95 FC 11,814.33 3J33Tl7A4 PU 11,814.33 3133Tl7A4 FC CASH & CASH EQUIV A LENTS -19,355.54 996085247 s J J-Jan-2000 8;39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO US TREASURY fNFLATION INDEX 3.375% 01/15/2007 DD 01/15/ LONG IB.RM OPER-PIMCO FHLMC MULTICLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PIMCO FHLMC MULTICLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PIMCO FHLMC MULTICLASS CTF SER 162 6.000% 11/15/2023 DD 11/01/9 LONG TERM OPER-PIMCO FHLMC MULTI CLASS CTF SER 162 6.000% 11/15/2023 DD 1110119 UQUID OPER-PIMCO DREYFUS TREASURY CASH MGMf TRADE DATE/ SETTLDATE/ COMPLDATE 15-Jul-1999 15-JuJ-1999 31 -Dec-1999 OJ-Dec-1999 01-Dec-1999 01 -Dec-1999 Ol-Dec-1999 l 4-Dec-1999 01-Dec-1999 Ol-Dec-1999 0 l-Dec-1999 0 J-Dec-1999 16-Dec-1999 0 l-Dec-1999 0 l-Dec-1999 PAG& 25 AMOUNT/ COST/ GAIN/LOSS -20,000.00 0.00 0.00 -19.00 19.00 0.00 -19.00 0.00 0.00 -1l,8i4.33 11,814.33 0.00 -11,814.33 0.00 0.00 19,355.54 -19,355.54 0.00 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID 'l'RANSCODE -19,355.54 996085247 FC -8,570,207.09 996085247 s -8,570,207.09 996085247 PC ~900,000.00 99364H70$ s -900,000.00 99364H708 cs -900,000.00 99364H708 FC -4,179,745.59 996085247 s 1 l-Jan-2000 8: 39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999-31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.500% 12/02/1999 DD 12/01/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.500% 12/02/1999 DD 12/0 II LIQUID OPER-PJMCO LEHMAN BROTHERS REPO 05.500% 12/02/1999 DD 12/01/ LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETILDATE/ COMPLDATE Ol-Dec-1999 Ol·Dec-1999 01 ·Dec-1999 01-Dec-1999 01-Dec-1999 01-Dec-1999 0 l-Dec-1999 01-Dec-1999 02-Dec-1999 02-Dec-1999 02-Dec· 1999 02-Dec· I 999 02-Dec-1999 02-Dec-1999 02-Dec-1999 03-Dec-1999 03-Dec-1999 PAGE: 26 AMOUNT/ COST/ GAIN/LOSS L9,355.54 0.00 0.00 8,570,207.09 -8,570,207.09 0.00 8,570,207.09 0.00 0.00 900,000,00 -900,000.00 0.00 137.50 0.00 0.00 900,137.50 0.00 0.00 4,179, 745.59 -4,179,745.59 0.00 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE -4, 179,745.59 996085247 PC -900,000.00 993641639 s -900,000.00 993641639 lS -900,000.00 993641639 FC -900,000.00 99364L014 s -900,000.00 99364LOl4 IS -900,000.00 99364L014 FC I l.Jun-1000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PlMCO LEHMAN BROTHERS REPO 05 .580% 12/03/ 1999 DD 12/02/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.580% 12103/1999 DD 12/02/ LIQUID OJ>ER-PIMCO LEHMAN BR0111ERSREPO 05.580% 12/03/1999 DD 12/02/ LEHMAN BROS INC, NJ LIQUID OPER-PlMCO LEHMANBROTHERSREPO 05.450% 12/06/1999 DD 12/03/ LEHMAN GOVT SECS INC, NY LIQUID OPER-PIMCO LEHMAN BROTIIBRS REPO 05.450% 12/06/1999 DD 12/03/ LIQUID OPER-Pllv1,CO LEHMAN BROTHERS REPO 05.450% 12/06/1999 DD 12/03/ LEHMAN GOVT SECS INC, NY TRADE DATE/ S.ETTL DATE/ COMPLDA'IE 03-0ec-1999 03-Dec-1999 03-Dec-1999 03-Dec-1999 03-Dec-1999 03-Dec-1999 03-Dec-1999 03-Dec-1999 03-Dec-1999 03-Dec-1999 06-Dec-1999 06-Dec-1999 06-Dec-1999 06-Deo-1999 06-Dec-1999 06-Dec-1999 06-Dec-1999 PAGE: 27 AMOUNT/ COST/ GA1N/LOSS 4,179,745.59 0.00 0.00 900,000.00 -900,000.00 0.00 139.50 0.00 0.00 900,139.50 0.00 0.00 900,000.00 -900,000.00 0.00 408.75 0.00 0.00 900,408.75 0.00 0.00 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE -32,254.30 996085247 s -32;254.30 996085247 FC -400,000.00 99364L758 s -400,000.00 99364L758 IS -400,000.00 99364L758 FC -900,000.00 63743DZ87 s -900,000.00 63743DZ87 IS 1 J-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL Ol-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BkOdR LONG TBRM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TRE.ASURY CASH MGMT LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.480% 12/07/1999 DD 12/06/ LEHMAN BROS INC, NJ LIQUlD OPBR-PIMCO LEHMAN BROTHERS REPO 05.480% 12/07/1999 DD 12/06/ LIQUID OPER·PlMCO LEHMAN BROTHERS REPO 05.480% 12/07/1999 DD 12/06/ LEHMAN BROS INC, NI LIQUID OPER-PIMCO NATIONAL RURAL DISC 12/08/1999 CHASE SECURlTIES, NEW YORK LIQUID OPER-PIMCO NATIONAL RURAL DISC 12/08/1999 TRADE DATE/ SETTLDATE/ COMPLDATE 07-Dec-1999 07-Dec-1999 07-Dec-1999 07-Dec-1999 07-Dec-1999 07·Dec-l 999 07-Dec-1999 07 -Dec-1999 07-Dec-1999 07-Dec-1999 07-Dec-1999 07-Dec-1999 07-Dec-1999 07-Dec-1999 07-Dec-1999 07-Dec-1999 PAGE: 28 AMOUNT/ COST/ GAIN/LOSS 32,254.30 -32,254.30 0,00 32,254.30 0.00 0.00 400,000.00 -400,000.00 0.00 60.89 0.00 0.00 400,060.89 0.00 0.00 893,640.00 -893,640.00 0.00 6,223.00 0.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: . 29 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY TD TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDA'.l'E GAIN/LOSS LIQUID OPER-PIMCO -900,000.00 NATIONAL RURAL DISC 07-Dec-1999 899,863.00 637430287 12/08/1999 07-Dec-1999 0.00 FC CHASE SECURlTIES, NEW YORK 07-Dec-I 999 0.00 LIQUID OPER-PIMCO -51,249.79 DREYFUS TREASURY CASH MGMT 08-Dec-1999 51,249.79 996085247 08-Dec-I 999 -51 ,249.79 s 0.00 LIQUID OPER-PIMCO -51,249.79 DREYFUS TREASURY CASH MGMT 08-Dec-1999 51,249.79 996085247 08-Dec-1999 0.00 FC 08-Dec-1999 0.00 LONG TERM OPER-PIMCO -54,029.17 DREYFUS TREASURY CASH MGMT 08-Dec-1999 54,029.17 996085247 08-Dec-1999 -54,029.17 s 0.00 LONG TERM OPER-PIMCO -54,029.17 DREYFUS TREASURY CASH MGMT 08-Dec-1999 54,029.17 996085247 08-Dec-1999 0.00 FC 08-Dec-1999 0.00 LIQUID OPER-PIMCO -400,000.00 LEHMAN BROTHERS REPO 08-Dec-1999 400,000.00 99364M426 05.440% 12/08/1999 DD 12/07/ 08-Dec-1 999 -400,000.00 s LEHMAN BROS INC, NJ 0.00 LIQUID OPER-PIMCO -400,000.00 LEHMAN BROTHERS REPO 08-Dec-1999 60.44 99364M426 05.440% 12108/1999 DD 12/07/ 08-Dec-1999 0.00 IS 0.00 1 /-Jan-2000 8:39:06 Exea1tive Workbench OCSGOOO I 0000 OCSD-CONSOLlDATED SHARES/PAR SECURITY ID TRANSCODE -400,000.00 99364M426 FC -300,000.00 99364N648 s -300,000.00 99364N648 IS -300,000.00 99364N648 FC -300,000.00 99364P569 s -300,000.00 99364P569 lS -300,000.00 99364P569 PC 11-Jan-WOO 8:39:06 II ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.440% 12/08/1999 DD 12107/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.350% 12/09/1999 DD 12/08/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.350% 12/09/1999 DD 121081 LIQUID OPER-PJMCO LEHMAN BROTHERS REPO 05.350% 12109/1999 DD 12/08/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.510% 12/10/1999 DD 12109/ LEHMAN BROS INC, NJ LIQUID OPER-.PIMCO LEHMAN BROTHERS REPO 05.510% 12/10/1999 DD 12/09/ LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.510% 12/10/1999 DD 12109/ LEHMAN BROS INC, NJ TRADE DATE/ SETTLDATE/ COMPLDATE 08-Dec-1999 08-Dec-1999 08-Dec-1999 09-Dec-1999 09-Dec-1999 09-Dec-1999 09-Dec-1999 09-Dec-1999 09-Dec-1999 09-Dec-1999 1 O-Dec-1999 l O-Dec-1999 l O•Dec-1999 1 O-Dcc-1999 10-Dec-1999 I O-Dec-1999 tO-Deo-1999 PAGE: JO AMOUNTJ COST/ GAIN/LOSS 400,060.44 0.00 0.00 300,000.00 -300,000.00 0.00 44.58 0.00 0.00 300,044.58 0.00 0,00 300,000.00 -300,000.00 0.00 45.92 0.00 0.00 300,045.92 0.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 31 PORTFOLIO DETAIL OCSGOOO 10000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLJDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO -98,778.25 DREYFUS TREASURY CASH MGMT 13-Dec-1999 98,778.25 996085247 13-Dec-1999 -98,778.25 s 0.00 LONG TERM OPER-PIMCO -98,778.25 DREYFUS TREASURY CASH MGMT J 3-Dec-1999 98,778.25 996085247 13-Dec-1999 0.00 FC 13-Dec-1999 0.00 LIQUID OPER-PIMCO -300,000.00 LEHMAN BROTHERS REPO 14-Dec-I 999 300,000.00 99364R391 05.550% 12/1411999 DD 12/13/ 14-Dec-1999 -300,000.00 s LEHMAN BROS INC, NJ 0.00 LIQUID OPER-PIMCO -300,000.00 LEHMANBROTHERSREPO 14-Dec-1999 46.25 99364R391 05.550% 12/14/1999 DD 12/13/ l 4-Dcc-1999 0.00 IS 0.00 LIQUID OPER-J>IMCO -300,000.00 LEHMAN BROTHERS REPO 14-Dec-1999 300,046.25 99364R391 05.550% 12/14/1999 DD 12/13/ 14-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 14-Dec-1 999 0.00 LIQUID OPER-PlMCO -62,270.20 DREYFUS TREASURY CASH MGMT l 5-Dec-1999 62,270.20 996085247 I 5-Dec-1999 ·62,270.20 s 0.00 LIQUID OPER-PlMCO -62,270.20 DREYFUS TREASURY CASH MGMT 15-Dec--1999 62,270.20 996085247 l 5-Dec-1 999 0.00 FC 15-Dec-1999 0.00 JJ-Jan-2000 8:39:06 Exccut1ve Workbench OCSGOOOJ 0000 OCSD-CONSOL!DATED SHARES/PAR SECURITY ID TRANSCODE -300,000.00 99364S399 s -300,000.00 993648399 IS -300,000.00 99364S399 FC -J ,042,153.90 996085247 s -1,042,153.90 996085247 FC -10,000,000.00 99364Vl94 s -J 0,000,000.00 99364Vl94 IS I l-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO LEHMAN BROTl-IERS REPO 05.430% 12/15/1999 DD 12/14/ LEHMAN BROS lNC, NJ LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.430% 12/15/1999 DD 12/14/ LlQUlD OPBR-PIMCO LEHMAN BROTHERS REPO 05.430% 12/15/1999 DD 12/14/ LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PlMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO GOLDMAN SACHS LP REPO 0.5.260% 12/20/1999 DD 12/17/ GOLDMAN SACHS & CO, NY LONG TERM OPER-PlMCO GOLDMAN SACHS LP REPO 05.260% 12120/1999 DD 12/17/ TRADE DATE/ SETTLDATE/ COMPLDATE 15-Dec-1999 15-Dec-1999 l 5-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 l 5-Dec-1999 I 7-Dec-1999 17-Dec-1999 17-Dec-1999 17-Dec-1999 17-Dec-1999 20-Dec-J 999 20-0ec-1999 20-Dec-1999 20-Dec-1999 PAGE: 32 AMOUNT/ COST/ GAIN/LOSS 300,000.00 -300,000.00 0.00 45.25 0.00 0.00 300,045.25 0.00 0.00 1,042,153.90 -J ,042, 153.90 0.00 1,042, 153.90 0.00 0.00 l 0,000,000.00 -10,000,000.00 0.00 4,383.33 0.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 33 PORTFOLIO DETAIL OCSGOOOJ 0000 Ol-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROl(ER COMl>LDATE GAlNILOSS LONG TERM OPER-PIMCO -10,000,000.00 GOLDMAN SACHS LP REPO 20-Dec-1999 I 0,004,383.33 99364Vl94 05.260% 12/20/1999 DD 12/17/ 20-Dec-1999 0.00 FC GOLDMAN SACHS & CO, NY 20-Dec-1999 0.00 LONG TERM OPER-PIMCO -98,500.85 DREYFUS TREASURY CASH MGMT 21-Dec-1999 98,500.85 996085247 21-Dec-1999 -98,500.85 s 0.00 LONG TERM OPER-PIMCO -98,500.85 DREYFUS TREASURY CASH MGMT 21-Dec-1999 98,500.85 996085247 21-Dec-1999 0.00 FC 21-Dec-1999 0.00 LONG TERM OPER-PlMCO -10,000,000.00 LEHMAN BROTHERS REPO 2 l-Dec-1999 10,000,000.00 99364W259 05.400% 12/21/1999 DD 12/20/ 21-Dec-1999 -10,000,000.00 s LEHMAN BROS INC, NJ 0.00 LONG TERM OPER-PIMCO -10,000,000.00 LEHMAN BROTHERS REPO 2 l-Dec-1999 1,500.00 99364W259 05.400% 12/2 1/1999 DD 12/20/ 21-Dec-1999 0.00 LS 0.00 LONG TERM OPER-PIMCO -10,000,000.00 LEHMAN BROTHERS REPO 2 l -Dec-1999 l 0,001,500.00 99364W259 05.400% 12/21/1999 DD 12/20/ 21-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 21-Dec-1999 0.00 LONG TERM OPER-PlMCO -97,348.49 DREYFUS TREASURY CASH MGMT 22-Dec-1 999 97,348.49 996085247 22-Dec-1999 -97,348.49 s 0.00 J J.Jan-2000 8:39:06 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE -97,348.49 996085247 FC -10, 100,000.00 99364W994 s -10, 100,000.00 99364W994 IS -10, 100,000.00 99364W994 FC -79,514.60 996085247 s -79,514.60 996085247 PC -12,200,000.00 99364YI 15 s l J-Jan-2000 8: 39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO LEHMAN BROTHERS RBPO 05.490% 12/22/1999 DD 12/21 / LEHMAN BROS INC, NJ LONG TERM OPER·PIMCO LEHMAN BROTHERS REPO 05.490% 12/22/1999 DD 12/21/ LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.490% 12/22/1999 DD 12/21/ LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PlMCO LEHMANBROTHERSREPO 05.400% 12/23/1999 DD 12/22/ LEHMAN BROS INC, NJ TRADE DATE/ SETTLDATE/ COMPLDATE 22-Dec-1999 22-Dec-1999 22-Dec-1999 22-Dec-1999 22-Dec-1999 22-Dec-J 999 22-Dec-1999 22-Dec-1999 22-Dec-1999 22-Dec-1999 23-Dec-1999 23-Dec-1999 23-Dec-1999 23-Dec-l 999 23-Dec-1999 23-Dec-1999 23-Dec-J 999 PAGE: 34 AMOUNT/ COST/ GAlN/LOSS 97,348.49 0.00 0.00 IO,l00,000.00 -10, 100,000.00 0.00 1,540.25 0.00 0.00 I 0, 10 l,540.25 0.00 0.00 79,514.60 -79,514.60 0.00 79,514.60 0.00 0.00 12,200,000.00 -12,200,000.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT 11 PAGE. 35 PORTFOLIO DETAIL OCSGOOO 10000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLJDA:JED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTL DATE/ COST/ TRANS CODE BROKER COMPL DATE GAIN/LOSS LONG TERM OPER-PIMCO -12,200,000.00 LEHMAN BROTHERS REPO 23-Dec-1999 1,830.00 99364¥115 05.400% 12123/1999 DD 12/22/ 23-Dec-1999 0.00 IS 0.00 LONG TERM OPER-PIMCO -12,200,000.00 LEHMAN BROTHERS REPO 23-Dec-1999 12,201,830.00 99364Yl 15 05.400% 12/23/1999 DD 12122/ 23-Dec-1999 0.00 f'C LEHMAN BROS INC, NI 23-Dec-1999 11.00 LIQUID OPER-PIMCO -1,298,510.67 DREYFUS TREASURY CASH MGMT 27-Dec-1999 1,298,510.67 996085247 27-Dec-1999 -1 ,298,510.67 s 0.00 LIQUID OPER-PIMCO -1,298,5 10.67 DREYFUS TREASURY CASH MGMT 27-Dec-1999 I ,298,5 10.67 996085247 27-Dec-1999 0.00 FC 27-Dec-1999 0.00 LONG TERM OPER-PIMCO -12,200,000.00 LEHMAN BROTHERS REPO 27-Dec-1999 12,200,000.00 993642153 05.300% 12/27/1999 DD 12/23/ 27-Dec-1999 -12,200,000.00 s LEHMAN BROS INC, NJ 0.00 LONG TERM OPER-PIMCO -12,200,000.00 LEHMAN BROTHERS REPO 27-Dec-1999 7,184.44 993642153 05.300% 12/27/1999 DD 12/23/ 27-Dec-1999 0.00 ts 0.00 LONG TERM OPER-PIMCO -12,200,000.00 LEHMAN BROTHERS REPO 27-Dec-1999 12,207, 184.44 99364Z153 05.300% 12127/1999 DD 12/23/ 27-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 27-Dec-1999 0.00 J /-Jan-2000 8:39·06 Executive Workbench OCSGOOO 10000 OCSD-CONSOLJDATED SHARES/PAR SECURITY ID TRANSCODE -12,300,000.00 99365A025 s -12,300,000.00 99365A025 IS -12,30Q,000.00 99365A025 FC -12,300,000.00 993658007 s • 12,300,000.00 99365B007 IS • 12,300,000.00 9936SB007 FC -686.96 996085247 s 11-Jan-WOO 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.250% 12/28/1999 DD 12/27/ LEHMAN BROS INC, NJ LONG TERM OPBR-PIMCO LEHMAN BROTHERS REPO 05.250% 12/28/1999 DD 12/27/ LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.250% 12/28/1999 DD 12/27/ LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.150% 12/29/1999 DD 121281 LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.150% 12/29/1999 DD 12128/ LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.150% 12/29/1999 DD 12/28/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMf TRADE DATE/ SETTLDATE/ COMPLDATE 28-Dec.-1999 28-Dec-1999 28-Dec~ 1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28· Dec.-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec.-1999 31-Dec-1999 3 1-Dec-1999 PAGE: 36 AMOUNT/ COST/ GAJN/LOSS 12,300,000.00 • 12,300,000.00 0,00 1,793.75 0.00 0.00 12,301,793.75 0.00 0.00 12,300,000.00 -12,300,000.00 0.00 1,759.58 0.00 0.00 12,301,759.58 0.00 0.00 686.96 -686.96 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: j7 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER·PIMCO -686.96 DREYFUS TREASURY CASH MGMT 31-Dec-1999 686.96 996085247 31-Dec-1999 0.00 FC 3 J-Dec-1999 0.00 FIXED INCOME SECURITIES LONG TERM OPER-PIMCO -6,250,000.00 COMMlT TO PUR GNMA SF MTG 02-Dec-1 999 5,752,929.69 01N0606C5 6.000% 12/15/2028 20-Dec-1999 -5,818,359.38 s GOLDMAN SACHS & CO, NY -65,429.69 LONG TERM OPER-PIMCO -6,250,000.00 COMMIT TO PUR GNMA SP MTG 02-Dec-1999 5,752,929.69 01N0606C5 6.000% 12/15/2028 20-De,c-1999 0.00 PC GOLDMAN SACHS & CO, NY 20-Dec-1 999 0.00 LONG TERM OPER-PIMCO -5,000,000.00 LEHMAN BROS HLDGS MTN #00196 02-Dec-1999 5,009,400.00 52517PID4 6.650% 11/08/2000 DD 11/08/9 07-Dec-1 999 -5,039,450.00 s LEHMAN GOVT SECS INC, NY -30;050.00 LONG TERM OPBR·PIMCO -5,000,000.00 LEHMAN BROS HLDGS MTN #00196 02-Dec-1999 103,444.45 52517PID4 6.650% 1 J/08/2000 DD l 1/08/9 07-Dec-1999 0.00 lS 0.00 LONG TERM OPER-PIMCO -5,000,000.00 LEHMAN BROS HLDGS MTN #00196 02-Dec-1999 5,112,844.45 52517PJD4 6.650% 11108/2000 DD 11108/9 07-Dec-1999 0.00 FC LEHMAN GOVT SECS INC, NY 07-Dec-1999 0.00 LONG TERM OPER-PIMCO -730,000.00 COMMIT TO PURFNMA I ITH DIST 13-Dec-1999 716,512.11 11FOII6C6 VARRT 12/25/2028 22-Dec-1999 -715,400.00 s GOLDMAN SACHS & CO, NY l, 112.11 1 J-Jan-2000 8:39:06 Exec11tive Workbench OCSGOOO J 0000 OCSD-CONSOL/DATED SHARES/PAR SECURJ'l'YID TRANSCODE -730,000.00 1IF01 l6C6 FC PRINCIPAL PAYMENTS FIXED INCOME SECURITIES 53,279.00 3133TCE95 PDC -547.27 302998GE3 FC -53,298.00 3133TCE95 PD -53,298.00 3133TCE95 FC -130,523.45 3128DDQ55 PD 1 J-.fan-2000 8: 39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO COMMIT TO PUR FNMA 11 TH DIST VAR RT 12/25/2028 GOLDMAN SACHS & CO, NY LONG TERM OPER-PJMCO FHLMC MULTI CLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PIMCO WMP/HUNTOON PAIGE#000-11150 7.500% 12/01/2030 DD 10/21/9 LONG TERM OPER-PIMCO FHLMC MULTI CLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PIMCO PHLMC MULTICLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PIMCO FHLMC GROUP #G5-0476 7.000% 02/01/2003 DD 02/01/ TRADE DATE/ SETTL DATE/ COMPLDATE 13-Dec-1999 22-Dec-1999 22-Dec-1999 0 I ·Nov-1999 Ol-Nov-1999 01 -Nov-1999 Ol-Nov-l999 02-Dec-1999 Ol-Nov-1999 0 l -Nov-1999 OI·Nov-1999 Ol-Nov-1999 t 5-Dec-1999 Ol -Dec-1 999 0I-Dec-1 999 PAGE: 38 AMOUNT/ COST/ GAIN/LOSS 716,512.11 0.00 0.00 -53,279.00 53,337.27 58.27 547.27 0.00 0.00 53,298.00 -53,356.29 -58.29 53,298.00 0.00 0.00 130,523.45 -132,562.88 •2,039.43 Executive 1Vorkhench @ ORANGE COUNTY SANITATION DISTRICT . PAGE: 39 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO -130,523.45 FHLMC GROUP #GS-0476 01-Dec-1999 130,523.45 3128DDQS5 7.000% 02/01/2003 DD 02/01/ 01-Dec-1999 0.00 FC 15-Dec-1999 0.00 LONG TERM OPER-PIMCO -44,205.15 FHLMC MULTICL MTG P/C 1574 E 01-Dec-1999 44,205.15 3l33T0205 5.900% 06/15/2017 01-Dec-1999 -44,142.99 PD 62.16 LONG TERM OPER-PUvlCO -44,205.15 FHLMC MULTICLMTG P/C 1574 E 01-Dec-1999 44,205.15 3133T02D5 5.900% 06/15/2017 Ol-Dec-1999 0.00 FC 15-Dec-1999 0.00 LONG TERM OPER·PIMCO -2,414.24 FNMA POOL #0252703 01-Dec-1999 2,414.24 31371HU48 6.500% 09/01/2006 DD 08/01/ Ol-Dec-1999 ·2,364.07 PD 50.17 LONG TERM OPER-PIMCO -2,414.24 FNMA POOL #0252703 Ol-Dec-1999 2,414.24 31371HU48 6.500% 09/01/2006 DD 08/01/ Ol-Dec-1999 0.00 FC 27-Dec-1999 0.00 LONG TERM OPER-PIMCO -48,628.28 GNMA II POOL #080088M Ol-Dec-1999 48,628.28 36225CC20 6.375% 06/20/2027 DD 06/01/ 01-Dec-1999 -49,692.02 PD -1,063.74 LONG TERM OPER-PIMCO -48,628.28 GNMA IJ POOL #080088M 01-Dec-1999 48,628.28 36225CC20 6.375% 06/20/2027 DD 06/01/ 0 l-Dec-1999 0.00 FC 20-Dec-1999 0.00 J /-Jan-2000 8:39:06 Executive Workbench OCSGOOOJ 0000 OCSD·CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE -40,663.00 36225CAZ9 PD -40,663.00 36225CAZ9 FC -57,800.50 3l33TCE95 PD -551.09 302998GE3 PD -551.09 3029980£3 FC -9,451.95 31677EAA4 PD -9,451.9.5 31677EAA4 FC ll-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999-31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO GNMA U POOL #0080023 6.125% 12/20/2026 DD 12/01/ LONG TERM OPER-PIMCO GNMA JI POOL #0080023 6.125% 12/20/2026 DD 12/01/ LONG TERM OPER-PIMCO FHLMC MULTI CLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PIMCO WMP/HONTOON PAIGE #000-11150 7.500% 12/01/2030 DD 10/21/9 LONG TERM OPER-PIMCO WMP/HUNTOON PAIGE #000-11150 7.500% 12/01/2030 DD 10/21/9 LONG TERM OPER-PIMCO FIFTH THIRD BK AUTO TR 96A C 6.200% 09/01/2001 DD 0311519 LONG TERM OPER-PlMCO PIFTII THIRD BK AUTO TR 96A C 6.200% 09/0112001 DD 03/15/9 TRADE DATE/ SETTLDATE/ COMPLDATE 0l-Dec-1999 Ol-Dec-1999 01-Dec-1999 01-Dec-1999 20-Dec-1999 0 l-Dcc-1999 01-Dec-1999 01-Dec-1999 Ol-Dec-1999 Ol-Dec-1999 Ol -Dec-1999 31-Dec· l 999 15-Dec-1999 15-Dec-1999 15-Dec-1999 l 5-Dec-1999 l 5-Dec-1999 PAGE: 40 AMOUNT/ COST/ GAIN/LOSS 40,663.00 -41,336.48 -673.48 40,663.00 0.00 0.00 57,800.50 -57,863.72 -63.22 551.09 -539.12 11.97 551.09 0.00 0.00 9,451.95 -9,451.95 0.00 \),4.51.95 0.00 o.oo Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCOD.E MATURITIES -19,364.94 3935052Y7 PD -19,364.94 3935052Y7 FC CASH & CASU EQUIVALENTS -500,000.00 42307KZ18 MT -6,400,000.00 02225BZ37 MT -903,000.00 6541D3Z66 MT -7,200,000.00 313396QE6 MT l 1-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTIONf BROKER LONG TERM OPER-PIMCO GREEN TREE CORP 99-D CL A-1 6.290% 10/15/2013 DD 08/26/9 LONG TERM OPER-PIMCO GREEN TREE CORP 99-D CL A-t 6.290% 10/15/2013 DD 08/26/9 LONG TERM OPER-PIMCO HEINZ HJ CO DISC 12/0111999 LONG TERM OPER·PIMCO ALUMINUM CO AMER DISC 12/03/1999 LIQUID OPER-PIMCO NIKE INC DISC 12/06/1999 LONG TERM OPER-PTMCO FEDERAL HOME LN MTG CORP DIS MAT 12/07/1999 TRADEDATEf SETTLDATEf COMPLDATE 15-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1 999 Ol-Dec-1999 Ol-Dec-1999 01-Dec-1999 03-Dec-1999 03-Dec-1999 03-Dec-1999 06-Dec-1999 06-Dec-1999 06-Dec-1999 07-Dec-1999 07-Dec-1999 07-Dec-1999 PAGE: 4j AMOUNT/ COST/ GAIN/LOSS 19,364,94 -19,364.94 0.00 19,364.94 0.00 0.00 497,360.00 -497,360.00 0.00 6,376,577.78 -6,376,577. 78 0.00 898,612.92 -898,612.92 0.00 7,165,614.00 -7, 165,614.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 42 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SOARES/PAR TRADE DATE/ AMOUNT/ SECUJUTYID TRANS~CTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO -5,400,000.00 NATIONAL RURAL DISC 08-Dec-1 999 5,362,605.56 63743DZ87 12/08/1999 08-Dec-1999 -5,362,605.56 MT 08-Dec-1999 0.00 LONG TERM OPER-PIMCO -7' 700,000.00 PROCTER & GAMBLE DISC 10-Dec-1999 7,673, 189.03 74271SZA6 1211011999 10-Dec~ 1999 -7,673,189.03 Mf 1 O-Dec-1999 0.00 LIQUID OPER-PIMCO -2,500,000.00 FEDERAL HOME LN MTG CORP DIS 10-Dec-1999 2,486,396.11 313396QH9 MAT 12/10/1999 10-Dec-1999 -2,486,396.1 l MT l O-Dec-1999 0.00 LIQUID OPER-PIMCO -300,000.00 FEDERAL NATLMTG ASSN DISC 13-Dec-l999 299,865.00 313588QL2 MAT 12/13/1999 13-Dec-1999 -299,865.00 MT 13-Dec-1999 0.00 LONG TERM OPER-PIMCO -800,000.00 PROCTER & GAMBLE DISC 13-Dec-1999 796,790.00 74271SZDO 12/13/1999 13-Dec-1999 -796, 790.00 MT 13-Dec-1999 0.00 LIQUID OPER-PIMCO -900,000.00 FEDERAL NATL MTG ASSN DISC 15-Dec-1999 894,519.00 313588QN8 MAT 12/15/1999 15-Dec-1999 -894,519.00 MT 15-Dec-1999 o.oo LIQUID OPER-PIMCO -900,000.00 GENERAL ELEC CAP DISC 15-Dec-1999 896,171.00 36959JZF3 12/15/1999 15-Dec-1999 -896, 171.00 MT 15-Dec-1999 0.00 1 l-Jan-2000 8:39:06 Execulive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: i:J PORTFOLIO DETAIL OCSGOOOJOOOO Ol-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PIMCO -800,000.00 FEDERAL NATL MTG ASSN DISC 17-Dec-1999 793,991.11 313588QQl MAT 12/17/1999 17-Dec-J 999 -793 ,991.11 MT 17-Dec-1999 0.00 LIQUID OPER-PIMCO -800,000.00 FEDERAL NATL MTG ASSN DISCOU 20-Dec-1999 799,648.00 313588QT5 MAT 12/20/1997 20-Dec-1999 -799,648.00 MT 20-Dec-1999 0.00 LIQUID OPER·PIMCO -800,000.00 FEDERAL NATL MTG ASSN DISCOU 21-Dec-1999 799,882.22 313588QU2 MAT 12/21 /1999 21-Dec-1999 -799,882.22 MT 21-Dec-1999 0.00 LIQUlD OPER-PIMCO -800,000.00 FEDERAL NATL MTG ASSN DISCOU 22-Dec-1999 799,880.89 313588QVO MAT 12/22/1999 22-Dec-1999 -799,880.89 MT 2~Dec-1999 0.00 LONG TERM OPER-PIMCO -2,000,000.00 FEDERAL HOME LN MTG CORP DIS 22-Dec-1999 1,996,289.50 313396QV8 MAT 12/22/1999 2~Dec-1999 -1,996,289.50 MT 22-Dec-1999 0.00 LIQUID OPER-PIMCO -1,200,000.00 FEDERAL FARM CR BK CONS DISC 23-Dec-1999 l,198,560.00 313312QW3 MAT 12/23/1999 23-Dec-1999 -1,198,560.00 MT 23-Dec-1999 0.00 LIQUID OPER-PIMCO -800,000.00 FEDERAL NATL MTG ASSN DISC 23-Dec-1999 799,880.44 313588QW8 MAT 12/23/1999 23-Dec-1999 -799,880.44 MT 23-Dec-1999 0.00 ! J-Jan-2000 8: 39:06 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE -250,000.00 3133J2RAO MT -2,500,000.00 313396RA3 MT -2,800,000.00 313396RB1 MT -1,250,000.00 313312RC6 MT -2,800,000.00 313396RC9 MT FIXED fNCOME SECURITIES INTEREST -850,000.00 718154BX4 MT I J-Jan-2000 8:39:06 ll ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO FEDERAL FARM CR BK CONS SYST MAT 12/27/1999 LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DJS MAT 12127/1999 LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12128/1999 LIQUID OPER-PIMCO FEDERAL FARM CR BK CONS SYST MAT 12/29/1999 LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/19/1999 LIQUID OPER-PIMCO PHILLIP MORRIS CO INC NTS 7.125% 12/01/1999DD 1210119 TRADE DATE/ SETTLDATE/ COMPLDATE 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-0ec-1999 28-Dec-1999 28-Dec-l 999 28-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-J 999 29-Dec-1999 29-Dec-1999 29-Dec-1999 0 l-Dec-1999 Ol-Dec-1999 Ol-Dec-1999 PAGE: AMOUNT/ COST/ GAIN/LOSS 249,85 1.39 -249,851.39 0.00 2,493,613.19 -2,493,613.19 0.00 2,799,594.00 -2,799,594.00 0.00 1,248,916.67 -1 ,248,916.67 0.00 2, 799,595.56 -2,799,595.56 0.00 850,000.00 -863,753.00 -13,753.00 Executive Workbench OCSGOOOl 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TJ1ANSCODE 850,000.00 718154BX4 IT 0.00 996087094 IT l0,500,000.00 3134A3TCO IT 0.00 996085247 IT 0.00 996085247 IT 500,000.00 42307KZ18 IT 547.27 302998GE3 IT J J-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO .PHILLIP MORRIS CO INC NTS 7.125% 12/01/1999 DD 12/0119 LONG TERM OPER-PlMCO BSDT-LATE MONEY DEP ACCT VARRTDD 06/26/1997 LONG TERM OPER-PIMCO FEDERAL HOME LN MTG CORP DEB 6.300% 06/01/2004 DD 06/01/9 LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO HEINZ HJ CO DISC 12/01/1999 LONG TERM OPER-PJMCO WMP/HUNTOON PAIGE #000-11150 7.500% 12/01/2030 DD 10/21/9 TRADE DATE/ SETTL DATE/ COMPLDATE Ol-Dec-1999 OJ-Dec-1999 0 l-Dec-1999 OI-Dec-1999 Ol-Dec-1999 Ol-Dec-1999 0 l-Dec-1999 01-Dec-1999 01-Dec-1999 Ol-Dec-1999 01-Dec-1999 01-Dec-1999 01-Dec-1999 01-Dec-1999 0 l-Dec-1999 0 l-Dec-1999 Ol-Dec-1999 Ol-Dec-1999 02-Dec-1999 0 l-Nov-1 999 02-Dec-1999 PAGE: 45 AMOUNT/ COST/ GAIN/LOSS 30,281.25 0.00 0.00 0.54 0.00 0.00 330,750.00 0.00 0.00 363.21 0.00 0.00 3,359.36 0.00 0.00 2,640.00 0.00 0.00 6,115.81 0.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 46 PORTFOLIO DETAIL OCSGOOO I 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO 6,400,000.00 ALUMINUM CO AMER DISC 03-Dec-1999 23,422.22 02225BZ37 12/03/1999 03-Dec-1999 0.00 lT 03-Dec-1999 0.00 LTQUID OPER·PlMCO 903,000.00 NIKE INC DISC 06-Dec-1999 4,387.08 654103266 12/06/1999 06-Dec-1999 0.00 IT 06-Dec-1999 0.00 LONG TERM OPER-PIMCO 7,200,000.00 FEDERAL HOME LN MTG CORP DIS 07-Dec-1999 34,386.00 313396QE6 MAT 12107/1999 07-Dec-1999 0.00 IT 07-Dec-1999 0.00 LONG TERM OPER-PIMCO 5,400,000.00 NATIONAL RURAL DISC 08-Dec-1999 37,394.44 63743DZ87 12/08/1999 08-Dec-1999 0.00 IT 08-Dec-1999 0.00 LONG TERM OPER-PIMCO 7, 700,000.00 PROCTER & GAMBLE msc 10-Dec-1999 26,810.97 7427lSZA6 12/10/1999 I O-Dec-1999 0.00 IT I O-Dec-1999 0.00 LIQUID OPER-PIMCO 2,500,000.00 FEDERAL HOME LN MTG CORP DIS lO-Dec-1999 13,603.89 313396QH9 MAT 12110/1999 IO-Dec-1999 0.00 IT 10-Dec-1999 0.00 LIQUID OPER-PJMCO 300,000.00 FEDERAL NA 1L MTG ASSN DISC 13-Dec-1999 1'35.00 313588QL2 MAT 12113/1999 13-Dec-1999 0.00 IT 13-Dec-1999 0.00 11-Jan-2000 8:39:06 Executive Workbench OCSGOOO 10000 OCSD"CONSOUDATED SHARES/PAR SECURITY ID TRANSCODE 800,000.00 74271SZDO rr 19.00 3133TCE95 IT 2,500,000.00 3133TKKU3 IT 7,500,000.00 079867AX5 IT 475,000.00 046003EL9 IT 2,000,000.00 571748AB8 IT 14,750,000.00 31364GLD9 IT 1 J-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL Ol-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PJMCO PROCTER & GAMBLE DISC 12/13/1999 LONG TERM OPER-PIMCO FHLMC MULTICLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PIMCO FHLMC MULTICLASS CTP 2146 QT 6.000% 11/15/2011 LONG TE&"1 OPER-PIMCO BELLSOUTH TELECOMMUNICATIONS 6.000% 06/15/2002 DD 0611519 LIQUID OPBR-PIMCO ASSOCIATES CORP NORTH AMER 6.000% 06/15/2000 LONG TERM OPER-PIMCO MARSH & MCLENNAN COS INC SR 6.625% 06/15/2004 DD 06/14/9 LONG TERM OPER-PIMCO FEDERAL NATL MTG ASSN MTN 5.710% 12/15/2008 DD 12/15/9 TRADE DATE/ SETTLDATE/ COMPLDATE I 3-Dec-1999 13-Dec-1999 13-Dec-1999 14-Dec-1999 01-Nov-1999 14-Dec-1999 15-Dec--1999 0 l -Dec-1999 15-Dec-1999 I 5-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 I 5-Dec-1999 I 5-Dec-1999 l 5-Dec-1999 15-Dec-1999 l 5-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 PAGE: 47 AMOUNT/ COST/ GAIN/LOSS 3,210.00 0.00 0.00 19.00 0.00 0.00 12,500.00 0.00 0.00 225,000.00 0.00 0.00 14,250.00 0.00 0.00 66,618.05 0.00 0.00 421,112.50 0.00 0.00 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLfDATED SHARES/PAR SECURITY ID TRANSCODE 3,500,000.00 l7120QE80 IT 130,523.45 3128DDQ55 IT 900,000.00 3l3588QN8 lT 900,000.00 36959JZF3 IT 44,205.15 3133T02D5 IT 53,298.00 3133TCE95 IT 9,451.95 31677EAA4 IT / J.Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO CHRYSLER FINL LLC MTN #TR006 FL TG RT 08/08/2002 DD 04/08/ LONG TERM OPER·PIMCO FHLMC GROUP #05-0476 7.000% 02/01/2003 DD 02/01/ LIQUID OPER-PIMCO FEDERAL NATL MTG ASSN DlSC MAT 12/15/1999 LIQUID OPER-PJMCO GENERAL ELEC CAP DJSC 12/)5/1999 LONG TERM OPER-PIMCO FHLMC MULTICL MTG P/C 1574£ 5. 900% 06/15/2017 LONG TERM OPER-PIMCO FBLMC MULTI CLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PIMCO FIFTH THIRD BK AUTO TR 96A C 6.200% 09/01/2001DD03/15/9 TRADE DATE/ SETTLDATE/ COMPLDATE 15-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 01-Dec-1999 15· Dec-1999 15-Dec-1999 l 5-Dec-1999 l 5-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 I 5-Dec-1999 Ol-Dec-1999 l 5-Dec-1999 15-Deo-1999 Ol-Nov-1999 I 5-Dec-1999 15-Dec-1999 15-Dec-1999 l 5-Dec-1999 PAGE: 48 AMOUNT/ COST/ GAJN/LOSS 15,241.03 0.00 0.00 53,284.15 0.00 0.00 5,481.00 0.00 0.00 3,829.00 0.00 0.00 3,053.17 0.00 0.00 .16,334.53 0.00 0.00 406.11 0.00 0.00 Executive Workbench OCSGOOO 10000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE 19,364.94 3935052Y7 IT 2,500,000.00 22237UABS IT 11,814.33 3133Tl7A4 IT 3,000,000.00 37042WVR9 IT 800,000.00 313588QQ1 IT 1,000,000.00 3134A3RT5 IT 800,000.00 313588QT5 lT 1 J-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO GREEN TREE CORP 99-D CL A-1 6.290% 10/15/2013 DD 08/26/9 LONG TERM OPER-PIMCO COUNTRYWIDE HOME LNS INC NT 6.850% 06/15/2004 DD 06/24/9 LONG TERM OPER-PIMCO FHLMC MULTICLASS CTF SER 162 6.000% 11115/2023 DD 11/0119 LONG TERM OPER-PIMCO GENERAL MTRS ACCEP MTN FLTG RT 12/17/2001DD12/15/ LIQUID OPER-PlMCO FEDERAL NATL MTG ASSN DISC MAT 12/17/1999 LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DEB FL TO RT 05/18/2000 DD 05/18/ LIQUID OPER-PIMCO FEDERAL NA TL MTG ASSN DISCOU MAT 12/20/1997 TRADE DATE/ SETTLDATE/ COMPLDATE 15-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 15-Deo-1999 16-Dec-1999 Ol-Dec-1999 16-Dec-1999 17-Dec-1999 t 7-Dec-1999 17-Dec-1999 17-0ec-1999 17-Dec-1999 17-Dec-1999 20-Dec-1999 18-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 PAGE: 49 AMOUNT/ COST/ GAIN/LOSS 2,441.39 0.00 0.00 81,343.75 0.00 0.00 11,814.33 0.00 0.00 44,690.I.o 0.00 0.00 6,008.89 0.00 0.00 4,397.92 0.00 0.00 352.00 0.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 50 PORTFOLIO DETAIL OCSGOOO I 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAlNILOSS LONG TERM OPER-PIMCO 40,663.00 GNMA II POOL #0080023 20-Dec-1999 8,236.33 36225CAZ9 6.125% 12/20/2026 DD 121011 Ol-Dec-1999 0.00 lT 20-Dec-1999 0.00 LONG TERM OPER-PIMCO 48,628.28 GNMA ll POOL #080088M 20-Dec-1999 l 1,370.98 36225CC20 6375% 06/20/2027 DD 061011 0 I -Dec-1999 0.00 IT 20-Dec-1999 0.00 LIQUID OPER-PIMCO 800,000.00 FEDERAL NA 11, MTG ASSN DISCOU 21-Dec-1999 117.78 313588QU2 MAT 1212111999 21-Dec-1999 0.00 IT 21-Dec-1999 0.00 LIQUID OPER-PIMCO 800,000.00 FEDERAL NATL MTG ASSN DISCOU 22-Dec-1999 119.11 313588QVQ MAT 12/2211999 22-Dec-1999 0.00 IT 22-Dec-1999 0.00 LONG TERM OPER-PIMCO 2,000,000.00 FEDERAL HOME LN MTG CORP DIS 22-Dec-1999 3,710.50 313396QV8 MAT 12/22/1999 22-Dec-1999 0.00 IT 22-Dec-1999 0.00 UQUID OPER-PIMCO l,200,000.00 FEDERAL FARM CR BK CONS DISC 23-Dec-1999 1,440.00 313312QW3 MAT 12123/1999 23-Dec-1999 o.oo IT 23-Dec-1999 0.00 LlQUID OPER-PIMCO 800;000.00 FEDERAL NATL MT(} ASSN DISC 23-Dcc· I 999 119.56 313588QW8 MAT 12/2311999 23-Dec-1999 0.00 IT 23-Dec-1999 0.00 JJ-Jan-2000 8:39:06 &ecutive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDAIED SHARES/PAR SECURITY ID TRANSCODE 4,000,000.00 44181KZA5 IT 250,000.00 313312RAO IT 2,500,000.00 313396RA3 IT 2,414.24 31371HU48 IT 2,000,000.00 3133TDPV2 IT 2,800,000.00 3J3396RBl IT 2,000,000.00 423328BK8 IT 1 I-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO HOUSEHOLD FIN CO MTN FLTG RT 06/2412003 DD 06/24/ LIQUID OPER-PIMCO FEDERAL FARM CR BK CONS SYST MAT 12127/1999 LIQUID OPER-PlMCO FEDERAL HOME LN MTG CORP DIS MAT 12/27/1999 LONG TERM OPER-PIMCO FNMA POOL #0252703 6.500% 09/01/2006 DD 08/01/ LONG TERM OPER-PIMCO FHLMC MULTI CLASS CTF Tl 1 A6 6.500% 09/25/2018 LIQUID OPER-PIMCO FEDERAL HOME LN MfG CORP DIS MAT 12/28/1999 LONG TERM OPER-PIMCO HELLER FINANCIAL INCNTS FL TG RT 06/251200 I DD 06/25/ TRADE DATE/ SETTLDATE/ COMPLDATE 24·Dec-1999 24·Dec-l 999 24-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 01-Dec-1999 27-Dec-1999 27-Dec-1999 25-Nov-1999 27-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 29-Dec-1999 25-Dec-1999 29-Dec-1999 PAGE: 51 AMOUNT/ COST/ GAIN7LOSS 58,391.68 0.00 0.00 148.61 0.00 0.00 6,386.81 0.00 0.00 5,367.66 0.00 0.00 l0,833.33 0.00 0.00 406.00 0.00 0.00 32,046.25 0.00 0.00 Executive Workbench OCSGOOOJOOOO OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE l,250,000.00 313312RC6 IT 2,800,000.00 313396RC9 IT 0.00 990000PJ4 cw 0.00 990000PJ4 CD 551.09 302998GE3 IT 0.00 9 128272M3 CD 0.00 9128273A8 CD JJ-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER·PIMCO FEDERAL FARM CR BK CONS SYST MAT 12/29/1999 LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/19/1999 LIQUID OPER-PlMCO SHORT TERM FDS INT ADJ NET OF OVERNIGHT INTEREST LONG TERM OPER-PlMCO SHORT TERM FDS INT ADJ NET OF OVERNIGHT INTEREST LONG TERM OPER-PIMCO WMP/HUNTOON PAIGE #000-111 50 7.500% 12/01/2030 DD 10/2119 LONG TERM OPER-PIMCO US TREASURY INFLATION INDEX 3.375% 01/15/2007 DD 01/15/ LONG TERM OPER-PIMCO US TREASURY INFLATION INDEX 3.625% 07/15/2002 DD 07/15/ TRADE DATE/ SETTLDATE/ COMPLDATE 29-Deo-1999 29-Dec-1999 29-Dec-1999 29-Dec-l 999 29-Dec-l 999 29-Dec-1999 31-Dec-1999 3 l-Dec-1999 3 l -Dec-1999 3 l-Dec-1999 3 t-Dec-1999 3 I-Dec-1999 31-Dec-1999 Ot-Dec-1999 3 l-Dec-1999 3 l-Dec-1999 31-Dec-1999 31-Dec-l 999 3 I -Dec-1999 PAGE: S2 AMOUNT/ COST/ GAIN/LOSS 1,083.33 0.00 0.00 404.44 0.00 0.00 -686.96 0.00 0.00 24.52 0.00 0.00 6,112.39 0.00 0.00 20,000.00 0.00 0.00 13,860.00 0.00 0.00 Executive Workbench January 5, 2000 February 1999-00 Mid-Year Operational and Financial Report Action February 2000-01 CIP Budget Status Report Information February General Manager's Approved Purchases Report Action February Quarter1y Investment Program Report Information February Update of Human Resources Policies & Procedures Action February Select Liquidity Provider and Trustee for COP Action Restructuring February Meeting, Training and Travel Policy Revisions Action March 2000-01 Budget Status Report Information March 2000-01 User Fee and Connection Fee Report Action March Initiate Selection of Finance Team for COPs Action March Preliminary Official Statement and Documents for COP Action Restructuring April 2000-01 Preliminary Budget Review Information April Approve COP Restructuring Sale Action May 2000-01 Proposed Budget Review Information May Select Finance Team for new COPs Action June 2000-01 Proposed Budget Approval Action MINUTES OF FINANCE. ADMINISTRATION AND HUMAN RESOURCES COMMITTEE MEETING Orange County Sanitation District Wednesday, December 8, 1999, 5:00 p.m. A meeting of the Finance, Administration and Human Resources Committee of the Orange County Sanitation District was held on December 8, 1999 at 5:00 p.m., in the District's Administrative Office. (1) The roll was called and a quorum declared present, as follows: FAHR COMMITTEE MEMBERS: Directors Present: Thomas Saltarelli, Chair Mark Leyes, Vice Chair Shawn Boyd John M. Gullixson Shirley McCracken James W. Silva Jan Debay, Board Chair Peer Swan, Board Vice Chair John J. Collins, Past Board Chair OTHERS PRESENT: Tom Woodruff, General Counsel Don Hughes Ryal Wheeler (2) APPOINTMENT OF CHAIR PRO TEM No appointment was necessary. (3) PUBLIC COMMENTS There were no public comments. Directors Absent: Mark A. Murphy STAFF PRESENT: Don Mcintyre, General Manager Blake Anderson, Assistant General Manager Lisa Tomko, Acting Director of Human Resources Gary Streed, Director of Finance Robert Ghirelli, Director of Technical Services Patrick Miles, Director of Information Technology Mike White, Controller Steve Kozak, Financial Manager Judy Bucher, Human Resources Analyst Penny Kyle, Committee Secretary Minutes of the Finance, Administration and Human Resources Committee Meeting Page2 December 8, 1999 (4) RECEIVE, FILE AND APPROVE MINUTES OF PREVIOUS MEETING It was moved, seconded and duly carried to approve the minutes of the November 10, 1999 Finance, Administration and Human Resources Committee meeting. (5) REPORT OF THE COMMITIEE CHAIR The Committee Chair reminded the Directors that the next Finance, Administration and Human Resources Committee meeting would be held on February 9, 2000 at 5:00 p.m. Director Saltarelli then reported that the Ad Hoc Committee re Sewer Service User Fee meeting, held prior to the FAHR meeting on December 8, 1999, was recommending the Board to consider adopting a policy offering refunds including interest to the vested property owners not connected to the sewerage system for sewer service user fees previously paid. (6) REPORT OF THE GENERAL MANAGER The General Manager had no report. (7) REPORT OF ASSISTANT GENERAL MANAGER The Assistant General Manager reported that requests have been received from two developers, The Irvine Company for the Newport Coast development and Hearthside Homes for the Bolsa Chica development, to divert dry weather urban runoff. There are public health reasons and environmental benefits to capture and treat the runoff from these areas but the policy of accepting dry weather urban runoff must be balanced with the need to maintain the long-tenn reliability of the treatment facilities. This issue will be further discussed by the Steering Committee on December 151h. (8) REPORT OF DIRECTOR OF FINANCE The Director of Finance had no report. (9) REPORT OF DIRECTOR OF HUMAN RESOURCES The Acting Director of Human Resources had no report. (10) REPORT OF DIRECTOR OF COMMUNICATIONS The Director of Communications was not present. (11) REPORT OF GENERAL COUNSEL General Counsel briefly reported on the OCIP bankruptcy issue and the remaining funds that are to be distributed. Minutes of the Finance, Administration and Human Resources Committee Meeting Page3 December 8, 1999 (12) CONSENT CALENDAR ITEMS {Items a-d) a. FAHR99-91: Receive and file Treasurer's Report for the month of November 1999: The Treasurer's Report was handed out at the FAHR Committee meeting in accordance with the Board-approved Investment Policy, and in conformance with the Government Code requirement to have monthly reports reviewed within 30 days of month end. b. FAHR99-92: Receive and file Certificate of Participation (COP) Monthly Report. c. FAHR99-93: Receive and file Employment Status Report as of November 17, 1999. d. FAHR99-94: Receive and file Quarterly Investment Management Program Report for the period July 1, 1999 through September 30, 1999. Motion: END OF CONSENT CALENDAR Moved, seconded and duly carried to approve the recommended actions for items specified as 12(a) through {d) under Consent Calendar. (13) ACTION ITEMS (Items a-e) a. FAHR99-95: Consideration of 2000-01 Budget Assumptions, Fiscal Policies, and Calendar. r Mike White, Controller, reviewed the proposed budget assumptions, policies and calendar. Motion: Moved, seconded and duly carried to have this item brought back to the next meeting of the FAHR Committee. b. FAHR99-96: Authorize staff to retain Moreland & Associates to conduct the independent audit of the District's annual financial statements for an additional three-year period, for an amount not to exceed $42,600 for FY 99/00, $44,300 for FY 00/01, and $46,000 for FY 01/02. Following discussion among the Directors, the motion was amended to authorize staff to solicit bids from certified public accounting firms to include Moreland and Associates, for a three year period with two one-year extension options at the District's discretion. Motion: Moved, seconded and duly carried to approve amended recommendation. c. FAHR99-97: Approve an agreement with California Public Employees' Retirement System {CalPERS) authorizing actuarial valuation to determine contribution costs to District if the District were to enter into an agreement with CalPERS, for an amount not to exceed $1,400. Minutes of the Finance, Administration and Human Resources Committee Meeting Page4 December 8, 1999 Directors entered into a discussion on the merits of this valuation. The Directors agreed that the agreement and report should be handled by General Counsel. Motion: Moved, seconded and duly carried to approve staffs recommendation. d. FAHR99-98: Receive and file status report on septic tank search, and authorize FAHR Committee Chair to send follow-up letter. Motion: Moved, seconded and duly carried to approve staffs recommendation. e. FAHR99-99: Receive and file Huntington Beach Closure Investigation Final Report dated December 1999. Motion: Moved, seconded and duly carried to approve staffs recommendation. (14) INFORMATION PRESENTATIONS a. FAHR99-100: Y2K Year End Project Status Report Director of Information Technology, Patrick Miles, gave a brief report on the District's Y2K readiness. (15) OTHER BUSINESS, COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF ANY There were no supplemental agenda items. (16) MATTERS WHICH A DIRECTOR MAY WISH TO PLACE ON A FUTURE AGENDA FOR ACTION AND STAFF REPORT There were none. (17) CONSIDERATION OF UPCOMING MEETINGS The next FAHR Committee meeting is scheduled for February 9, 2000 at 5 p.m. (19) ADJOURNMENT The Chair declared the meeting adjourned at 6:46 p.m. H:'\wp.dta\sgenda\FAHR\Fahr991Jl9mins\101399 FAHR MIN.doc FAHR COMMITTEE Meeting Date To Bd. of Dir. 01/12/00 N/A AGENDA REPORT Item Number Item Number PJ9iJJ' OP·-~:::>._ Orange County Sanitation District FROM: Gary Streed, Director of Finance Originator: Steve Kozak, Financial Manager SUBJECT: CERTIFICATES OF PARTICIPATION (COP) MONTHLY REPORT- DECEMBER 1999 GENERAL MANAGER'S RECOMMENDATION Receive and file Certificates of Participation (COP) Monthly Report for the month of December 1999. SUMMARY Since June 1995, the daily rate COP program remarketing agents have been PaineWebberfor the Series "A" and the 1993 Refunding COPs, and J.P. Morgan for the Series "C" COPs. Most fixed rate Series "8" COPs have been refunded and the 1992 Refunding COPs have always beer,i remarketed by PaineWebber in a weekly mode. PROJECT/CONTRACT COST SUMMARY None. BUDGET IMPACT 0 This item has been budgeted. D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. [8l Not applicable (information item) ADDITIONAL INFORMATION For the month of December 1999, graphical and tabular reports are attached. The first graph entitled, "OCSD COP Rate History Report," shows the variable interest rates on each of the daily rate COPs since the last report, and the effective fixed rate for the two refunding issues which are covered by an interest rate exchange agreement commonly called a "swap." l\radon\data1'1Hp.dlalfin\21lkr.lne\FAHR\Fahr2000Jan\COPR2.00.doc R8'11iMd: 115198 Page 1 The second bar chart entitled, "Comparative Daily COP Rate History Report," shows the performance of the District's Daily Rate COPs as compared to a composite index rate, which represents the average rate of six similar variable rate daily reset borrowings. The third bar chart entitled, "COP Rate History, Comparison of Highest & Lowest Rates," compares the performance (monthly average interest rate) of the District's Daily Rate COPs with the highest and lowest monthly average rates from among six similar variable rate daily reset COPs. The table entitled, "COP Rate History, Comparison of Monthly Averages," shows the monthly variable interest rate performance of the District's Daily Rate COPs as compared to the composite index. Estimated annual interest payments calculated for a standard $100 million par amount, are also shown. Variable rates historically rise at the end of each calendar quarter, and especially at year-end, because of business taxes and liquidity requirements. The rates tend to decline to prior levels immediately in the following month. Staff maintains continuous rate monitoring and ongoing dialog with the remarketing agents to keep the Committee fully informed about developments in the program as they may occur. ALTERNATIVES None. CEQA FINDINGS None. ATTACHMENTS 1. Graph -OCSD COP Daily Rate History Report 2. Graph -Comparative Daily COP Rate History Report 3. Graph-COP Rate History, Comparison of Highest & Lowest Rates 4. Tabular -COP Rate History, Comparison of Monthly Averages GGS:SK:lc \\tadonldata1 ~.dta1in\21 CknlnelFAHR\Fahr2000\Jan\COPR2.00.doc R9'1ised: 115198 Page2 Q -a if 0 ;; "O & )> "' ..... RATE(%) ~ ~ m er '< ::;; 0 ... N w ~ OI 0) "Tl :> 5 f::i 0 0 0 0 0 0 0 "' ~ :> 0 0 0 0 0 C) 0 C) -~ tti 06-Jan-99 ~ c3 CQ 0 Ci; 20-Jan-99 ~ :> N "' _8 :> 0 ~ 03-Feb-99 c.> $ Cit )> co -I -a m 17-Feb-99 ~ :J: Cii -I ~ 03-Mar-99 0 17-Mar-99 0 "' 31-Mar-99 c 14-Apr-99 0 28-Apr-99 0 "'tJ 12-May-99 c ++ c )> 26-May-99 m -r-)>"U 0 -< -m 09-Jun-99 m G'>-· ::I $? (J)<'D 3: ~~ 23-Jun-99 l»(D CD C" -f C" <'D 07-Jul-99 m ., m ;;c 21-Jul-99 .... :I: ~ - 04-Aug-99 (Q "' ++ (Q -t 18-Aug-99 (Q 0 (J)C.. ~ o· C'> :u 01-Sep-99 Gls: <'Do :::::1..., :;tJ ~ 15-Sep-99 ~::I m 29-Sep-99 "'tJ 0 13-0ct-99 :;tJ 27-0ct-99 -t 10-Nov-99 24-Nov-99 08-Dec-99 22-Dec-99 Prepared by Finance, 01 /05/2000, 1:18 PM COMPARATIVE DAILY COP RATE HISTORY REPORT DECEMBER, 1999 4.00 ~ -UJ 3.00 .... ~ 2.00 1.00 0.00 DATE CJ) CJ) CJ) CJ) O'> O'> CJ) CJ) CJ) O> CJ) CJ) CJ) CJ) CJ) CJ) O'> CJ) CJ) O> Cl) CJ) c J:i ..: ..: ~ c :; di c: tf >. <17 Cl.> «I c.. «I :::J ~ Cl.> 0 ..., u.. :E <( :E -, ..., en 0 z aocso C COMPOSITE INDEX G:\excel.dte\fin\2220\geggi\Financa\dailycopintrate.xls CJ) CJ) 0 Cl.> 0 -~ 0 -w I-ct a: 3.60 3.50 3.40 3.30 3.20 3.10 3.00 2.90 2.80 2.70 2.60 2.50 2.40 2.30 HIGH LOW l!I Highest rate G:\excel.dta\finl2220~eggl\Finance\RATEHIST _HI LO _bargraph COP RATE HISTORY COMPARISON OF HIGHEST & LOWEST RATES LEH/SOE PWIOCSOllRWOM'RIV ILEH/SCE JPIOCSO ILEH/SCE WEST RIV DOCSD/J.P. Morgan • OCSD/PaineWebber 13 Lowest rate Prepared by Finance, 01/0512000, 1 :22 PM Prepared by Finance, 01/05/2000, 1:20 PM Jan-99 Feb-99 Mar-99 Apr-99 May-99 Jun-99 Jul-99 Aug-99 Sep-99 Oct-99 Nov-99 Dec-99 -AVERAGE DAILY COP RA TE HISTORY COMPARISON OF MONTHLY AVERAGES JANUARY, 1999 -DECEMBER, 1999 OCSD $100M $98.SM $46M Series"A" Series"C" Series 93 Ref PaineWebber J.P, Morgan PaineWebber 2.84 2.87 2.84 2.30 2.28 2.30 2.72 2.66 2.72 2.88 2.83 2.88 3.34 ..., 3.33 3.34 3.30 3.25 3.30 2.35 2.36 2.35 2.82 2.82 2.82 2.98 2.97 2.98 2.99 3.01 2.99 3.36 3.30 3.36 2.93 3.01 2.93 2.90% 2.89% 2.90% ESTIMATED ANNUAL INTEREST PAYMENTS PER $100M PAR AMOUNT $ 2,900,833 $ 2,890,833 $ 2,900,833 •FOOTNOTE Composite index consists of the following COP transactions: • IRWD, Series 86, $60M, Smith Barney • IRWD, Series 93 "A" Refunding, $87.6M, Bankers Trust • IRWO, Series 93 "B" Refunding, $41.BM, J.P. Morgan • IRWD, Series 95 Refunding, $117.8M, PaineWebber - Composite Index• 2.87 2.32 2.70 2.86 3.34 3.28 2.36 2.83 2.98 3.03 3.38 2.97 2.91% $ 2,910 000 • Western Riverside Co. Reg. Wastewater Auth., Series 96, $25.4M, PaineWebber • Orange Co., Irvine Coast Asst. Dist. 88-1 , $94.5M, J.P. Morgan • SCE, $192M, Lehman G:\excel.dta\fin\2220\geggi\Finance\COPdaily$rate comparison ) FAHR COMMIITEE AGENDA REPORT Orange County Sanitation District FROM: Lisa Tomko, Acting Director of Human Resources Originator: Janet Gray, Human Resources Assistant Meeting Date 1/12/00 Item Number FAHR00-03 SUBJECT: EMPLOYMENT STATUS REPORT AS OF DECEMBER 21 , 1999. GENERAL MANAGER'S RECOMMENDATION Receive and file the Employment Status Report. SUMMARY Total FTE headcount at the District as of December 21 , 1999 is 495.75. PROJECT/CONTRACT COST SUMMARY Not applicable. 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. rg} Not applicable (information item) ADDITIONAL INFORMATION To Bd. of Dir. Item Number The District had a full-time equivalent (FTE) headcount of 495.75 as of December 21, 1999. The actual number of employees was 505. There were no promotions for the month of December. There were two new employees hired during December: • Office Specialist (Design & Planning Engineering) • Laboratory Analyst (Environmental Sciences Laboratory) ALTERNATIVES Not applicable. \lradonldatat'twp.dtalagenda\FAHRIF AHR2000\2000 Agenda Roports\F AHR00.03.dot Rtlllised.: 8/20/98 Page 1 CEQA FINDINGS Not applicable. ATTACHMENTS December 21, 1999 Employment Status Report. Performance compared to 3-Year Staffing Plan. p \"-donldata1~.dta\llgendlllFAHRIFAHR200Cl'l2000 Agenda Repoita\FAHR00.00.dot R...tMd: 8l20l1l8 Page2 12121/99--10:32 AM Employment Status Report Regular Regular Actual Vacant Budget Budget Plan Plan Positions Rqgular Part•llme Pert'llme FTE Positions. FTE FTE FTE FTE wlln Finer plan Full-llme 2/Jhours SO hours Contract ln~m LOA Count FY99-00 98-9,9 99-00 00-0t 01-02 IFYOt-02) 110-General Management Admln 4.00 0.00 0.00 0.00 0.00 0.00 4.00 0.00 4.00 4.00 4.00 4.00 0.00 Total General Management 4.00 0.00 0.00 0.00 0.00 0.00 4.00 0.00 4.00 4.00 4.00 4.00 0.00 210 • Finance Administration 4.00 0.00 0.00 0.00 0.00 0.00 4.00 0.00 4.00 4.00 4.00 4.00 0.00 220 • Accounting 16.00 0.00 0.00 0.00 0.00 0.00 16.00 0.00 19.00 16.00 16.00 16.00 o.oo 230-Purchasing & Warehousing 12.00 1.00 0.00 0.00 0.00 0.00 13.00 4.50 15.00 17.50 17.50 17.50 4.50 Total Finance 32.00 1.00 0.00 0.00 0.00 0.00 33.00 4.SD 38.00 37.50 37.60 37.50 4.50 310 ·Communications 8.00 o.oo 0.00 0.00 0.00 1.00 9.00 0.00 10.75 9.00 9.00 9.00 0.00 Total Communications 8.00 0.00 0.00 0.00 0.00 1.00 9.00 MO 10.75 9.00 9.00 9.00 o.oo 510 ·HR & Employee Development 8.00 0.50 0.75 0.00 0.00 0.00 9.25 1.00 11.75 f0.25 10.25 10.25 1.00 Total Human Resources 8.00 0.50 0.75 0.00 0.00 0.00 9.25 1.00 11.75 10.25 10.25 10.25 1.00 61 o • Technical Services Admin 2.00 0,00 0.00 0.00 0.00 0.00 2.00 0.00 4,75 2.00 2.00 2.00 0.00 620 -Environmental Compliance & Monil 19.00 0.00 o.oo 0.00 1.00 0.00 20.00 0.50 18.00 20.50 20.50 20.50 0.50 630 -Environmental Laboratory 29.00 2.00 0.00 0.00 0.50 0.00 .31.SO o:.5o 34.00 32.00 32.00 32.00 0.50 640 • Source Control 32.00 0.00 0.76 0.00 0.00 0.00 32.75 1.00 36.75 33.75 33.76 33.75 1.00 650 • Safety &, Emergency Response 6.00 o.oo 0.00 0.00 0.00 0.00 6.00 1.50 6.00 7.50 7.50 7.50 1.50 0.00 Total Technical Services 88.00 2.00 0.75 0.00 1.50 o.oo 92.25 3.50 911.50 95.76 95.75_ 95.75 3.50 710 ·Engineering Administration 3.00 0.00 0.00 0.00 0.00 0.00 3.00 0.00 3.00 3.00 3.00 3.00 0.00 720 -Planning & Design Engineering 31.00 o.oo 0.75 0.00 0.00 0.00 31.75 3.50 27.25 35.25 35.25 35.25 3.60 730 -Construction Management 34.00 0.00 0.00 0.00 0.00 1.00 35.00 1.75 37.00 36.75 36.75 36.75 1.75 Total EnQinaerinq 68.00 0.00 0.75 0.00 0.00 1.00 69.75 5:25 fil.25 75.00 75.00 75.00 5.25 420 • Colleclion Facilities Mice 16.50 0.00 0.00 0.00 0.00 0.00 18.50 1.00 18.50 17.50 '19.50 19.50 3.00 430 • Plant Malntenance 28.50 0.00 0.00 0.00 0.00 0.00 28.50 1.00 38.50 29.50 29.60 28.50 0.00 810 • O & M Administration 3.00 0.00 0.00 0.00 0.00 1.00 4.00 .1;00 7.00 3.00 2.00 2.00 -2.00 820 • o & M Process Support 9.00 0.00 0.00 0.50 0.50 0.00 10.00 0.00 11.25 10.00 9.25 9.25 -0.75 830 • Plant 1 Operations 31.00 0.50 0.00 0.00 0.00 1.00 32.50 0.83 37.00 33.33 34.33 34.33 1.83 840 -Plant 2 Operations 39.00 0.00 0.00 0.00 0.00 0.00 39,00 0.33 43.00 39.33 37.33 37.33 ·1.67 850 • Mechanical Mtce 45.00 0.00 0.00 0.00 0.00 0.00 45.00 0.50 52.50 45.50 45.50 45.60 0.50 660 • Electrical & Instrumentation Mtoe 55.00 0.00 0.00 0.00 0.00 0.00 55.00 0.50 58.50 55.50 55.50 55.50 0.50 870 • Cogene(ation 10.00 o.oo 0.00 0.00 0.00 0.00 10.00 0.34 1f.OO 10.34 10.34 10.34 0.34 880 ·Air Quality & Special Projects 9.00 0.00 0.00 0.00 1.00 0.00 10.00 0.00 8.00 10.00 9.50 9.50 ·0.50 Total Ooeratlons A Malnb!nance 246.00 0.50 0.00 o.so 1.50 2.00 250.50 3.50 285..25 254.00 262.75 251.75 1.25 910-IT Admln 2.00 0.00 0.00 o.oo 0.00 0.00 2.00 0.00 2.00 2.00 2.00 2.00 0.00 930 • Customer & Network Support 11.00 0.00 0.00 0.00 0.00 1.00 12.00 3.00 11.00 15.00 15.00 15.00 3.00 940 · Programming & Database Sys 6.00 0.00 0.00 0.00 0.00 0.00 6.00 1.00 6.00 7.00 7.00 7.00 1.00 950 · Process Controls Integration 8.00 0.00 0.00 0.00 0.00 0.00 8.00 1.00 7.00 9.00 9.00 9.00 1.00 Total Information Technoloqy 27.00 0.00 0.00 o.oo o.oo 1.00 28.00 5.00 2S.OO 33.00 33.00 33.00 5.00 Totllsmtfha 4811001 4.001 2.251 o.scil a.oGI s.oo 49U& 22.75 542.50 518.SO 517..25 516.25 20.60 Original 5-Yr Plan Goal 549.00 521.50 515.50 507.50 Performance to 3-Year Staffing Pl an ------------ 550 540 ...... ·-. -·--·-. .... . 530 -. -..... -T -.... ·-. .... ---520 510 -. -.... .... -~T . -.. ·-·-·-·-·---·-----·-·-·-·-·-·-·-·-·-·-· ~ ~ ~ .... 500 T ~ --...... .... .... T "II'" .... ~ "II'" 490 480 • FTE Headcount -· • · -3 Year Staffing Plan 470 I I I I I I I I I I I I I I I I I I I I I I I I J A s 0 N D J F M A M J J A s 0 N D J F M A M J I FY 98-99 I I FY 99-00 I --- FAHR COMMITTEE Meeting Date To Bd. of Dir. 01/12/00 01/26/00 AGENDA REPORT Item Number Item Number FAHR00-04 Orange County Sanitation District FROM: Gary Streed, Director of Finance SUBJECT: MIDBURY NEIGHBORHOOD REORGANIZATION (R099-02) FEES GENERAL MANAGER'S RECOMMENDATION Consider annexation and capital facilities capacity charges as due and payable at the time of the 1967 Agreement and direct staff to negotiate a property tax transfer in connection with the Midbury Neighborhood Reorganization. SUMMARY In 1967 the City of Brea, Los Angeles County and the Sanitation District agreed to provide sewer service to approximately 18 acres in LA County through facilities in Orange County. That agreement required no "up front" payments and provided, in essence, that the property owners would pay the same costs as other residents in then District 3. The annual fee per house was set at $37.50 in 1967 and has varied over the years as a result of Proposition 13, property tax confiscation by the State, and sewer service user fees. The annual fee for 1998-99 was $119.18. This consisted of a $75. 50 sewer service user fee and a $43.68 in-lieu property tax. Last month LAFCO advised us that the area was detaching from LA County and annexing to Orange County. For processing convenience, the LAFCO staff had designated this as the "Midbury Neighborhood Reorganization," since more than one agency was affected. LAFCO also advised that the District would not receive a share of the property tax because of the 1998 Master Property Tax Transfer Agreement of the County. LAFCO suggested the District, an "enterprise agency," could simply increase the user fees. Generally, when property tax exchange agreements cannot be negotiated for annexations, the District charges a higher annexation fee per acre. The higher charge is set aside to earn interest approximately equivalent to the annual property tax rate. In this case, LAFCO was recommending the reorganization without providing for any annexation fee. The current fee for Revenue Area 3 is $4, 139.00 per acre, or approximately $73,000. Staff and General Counsel reviewed these funding issues with LAFCO and the City of Brea, and the LAFCO action originally scheduled for December 15, 1999 was rescheduled for February 9, 2000. The Steering Committee referred the fee collection H:\wp.dtalagenda\FAHR\FAHR200o.2000 Aeenda Repc<ts\FAHR00-04.doc RoMsecl: 8/20/98 Page 1 to the FAHR Committee as an urgency measure at their December meeting. The Committee's guidance was to cooperate and accommodate the reorganization while maintaining equitable costs to the users/property owners. In the interim, staff has been able to conduct additional research and has received the Revenue and Taxation Code Section 99 paperwork from the County. There are three Orange County tax rate areas adjacent to the Midbury Neighborhood. Revenue Area 3 receives 3.3%, 3.5%, and 3.5% of the 1 % property tax in these adjacent tax rate areas. Since the Midbury Neighborhood property owners will pay the same 1 % property tax as their neighbors, the same percentage should be allocated to the Sanitation District. Using 3.5%, the most common percentage, and the LA County assessed value of $6,810,288, results in a property tax allocation of only $2,383 per year. Recommendation Today when we enter an agreement to serve areas outside the District, they are required to pay an amount equal to the connection fee (capital facilities capacity charge) and the annexation fee up front, and a sewer service user fee each year.· In this way, the property owners are treated as if they are inside the County and the Sanitation District. The 1967 Agreement seems to include this same philosophy. Indeed, Section 6 includes language to that effect. The annual fees that were charged from 1967 were based upon the property tax rates then in effect for operations and capital improvements. In 1967, property taxes were our only "fees." There was no annexation fee in District 3 until 1970, and the first connection fee was authorized in 1973. So these Midbury Neighborhood properties would be:~aid to have paid the same fees to the Sanitation District as they could have if they had always been within the service area. Staff recommends that no connectionifee and no annexation fee be assessed, as no such fees existed at the time service originatect If the current fees were to be assessed, the total amount would be approximately $149,000. While property tax exchange negotiations are continuing, staff believes there may be a compromise available, if necessary. The in-lieu property tax assessed the property owners has been based upon the average allocation throughout District 3. For any number of reasons, that average percentage has been lower than the allocation percentage for the three Tax Rate Areas adjacent to the Midbury Neighborhood. Since we have received only about 3.0% of the basic levy for many years, perhaps continuing that percentage allocation is appropriate. This represents no difference to the property owners, but does provide another $340 per year to other "tax supported" agencies like schools, the city and the county. Collecting no annexation fee, collecting no connection fee (CFCC), and collecting a reduced share of the property tax basic levy combine to show the District's interest in, and encouragement of, the proposed Midbury Reorganization. H:\wp.dla\agenda\FAHR\FAHR2000'2000 Agenda Reports\FAHR~.doc R4Msed: 8l20l96 Page2 PROJECT/CONTRACT COST SUMMARY This project is to include 17.713 acres north of Brea in the District service area. Service has been provided by contract since 1967. Annexation fees could be $73,000. Connection fees could be $76,000. Annual property tax allocations could be $2,383. BUDGET IMPACT D This item has been budgeted. (Line item: ) D This item has been budgeted, but there are insufficient funds. (81 This .item has not been budgeted. 0 Not applicable (information item) ADDITIONAL INFORMATION N/A ALTERNATIVES Charge annexation and/or connection fees. Give up property tax allocation and either distribute costs to the rest of RA3 or assess a special user fee in this area. CEQA FINDINGS N/A ATI'ACHMENTS 1. 1967 Agreement 2. R&T Code Section 99 paperwork H:\wp.dtll\a98Ma\FAHRIFAH~ Allen~ ReP<llt5\F~ROO·O·MQC ReviMd: 8/2Q/98 Page 3 . .A .0 .ll ..!L:.i l:J JLll .I TH!S AGRmmrr, made and entered into ae o! the i'irBt day of July, 1967, by and bet-..:eeh COUliTY s.Alrn:ATIOH DISTRICT llO. 3 OF OR.UDE COtnrrI, State of . California, being a corpor.ition organized an:3. e:x:ist.iag under the County' Sanitation District Act, hereina:fter eomet:i.l:iles called ~tation Di~trict.11; and CI'l'I OF BREA, a lllllllicipal corporation> Sta ts of Ca.U.rornia, hereinafter SOl:letime:s cal.l.ed '"'Ci.ey"; and T'ne Board of Supervisors o!' the Couney or Los Ange1es, State of Calif'o:rniD., actin~ as the Governing Body of the Sandalwood s~er l~tena.nce D1s·~ri.ct, herein- a£ter eo."llstimes called ''lh1ntcna.nce ~trict"J WHFllE.~, Mai.ilten.:mce Di:ltrl.ct lr.Ul operate :ind· maintain a s~ge i;Ysts111, within the area. hereafter described., 'Whi.cb. req,uiree an ou.tlet to dispose or the eewage generated ld.th.in its' bO'.m.daries; and \·TriEREA.S, Sanitation District has constructed and nO"N aims a sewerage system for the disposa1 of sewage generat2d ldt?Un ~t.s territorl.n1 boundaries; ruxl WHEREAS, said :>gwerage syatem i.e. ot a sue and. capacity SUfficient to . -serve tbe needs of the Sanitation District as wel,1 ae tho sewai:e gens::ratcd wit.hill the boundaries' of the Mai.nten:mce District which lies eutside ot eaid Sanitation District, and ths excess capacity ot said sswerage syste111 over and above the needs or ~he Sanitation District may bs used for th!! disposal o£ se;.-age origim.ting· !1"QJl1 said Mainte~ce Distri"ct without inter£er:1ng with :1.ts uas by ths Sanitation District; and WHEREAS, Ci.t:y ncr.r ~ and Operat~ a Se"Aerage syete!Jl tor ~he conveyance 0£ sswage g9nerated wt.thin its territorial b<r..indarl.es to Sanitation District's WHEREAS, Ci.ty's sewerage eysteci is or .a size and capacity to eene the needs of the City as well as the sf:lrage ·generated rlthin the boundaries of the l·!ainten.ance Distrl.ct which lies ouUiide of said City. and th~ e:r.cese capacity or said City a~~cra~e B"./Stem over and above the needs of th~ City ll".:JY bs uecd. tor the CC!t'l~ra.noo Of eor.ii;e Ori.g1.n;ltin~ i'ro!JI t!le o:lid Maintenance Diotrict '11.t~cltt ·~ ... --.. ·--. '. inte·r!!'ri.ng with its UDO by Cit;rl and WHEREAS, the lsiriten3nce District is or will. be COMEJOSed or that certain 17. 713-acre pa:rcel. or land in Section '.)C.., Township 2 South, Range 1.0 West, in the Rancho S:in Juan Cajon de Santa Ana, County of Loa Angeles, State 0£ California, spacii'ically descrlbed by metes and bounds deocri.pt1on.:ln Resolution designated Ra.tland Ar~ C~ty Wat$r District D"tachme.nt 6!>-1., ndoJ>t€d .bjr the Local Agency Format.ion ca.:mdssion ot Los Angales County, which description is also con?ined in Resolut1.on 144 of Ro-.rti.nd Arw. County Water District and by re~erence are 111ade a part hereof; and WRm~.s, it will be bf wtual benei'U t.o each of the parl1.c;.s to tb18 ·agreement to discharge aatage f'ro!ll said 1-bintemnce District through the City Bt?l-ferage S'Jstem and tbroui;h the. Srull.tation Di:str1et awera.ge s;yste111. llC'~, TF..ERE'll'ORE,:...'ih c'onsidex:ation or the ·Clllttinl pl'otil..ses and agreementa herein contciined, tbe p:ii-t.1.es hereto do hareb;r cavenant and agrae as f'ollOKs: 1~ Sanitation District and City ~grce that M::1:int~nce District !llll7 connect. its sewers ~hich Ue o'!l.taide or the boundaries of the sci.nitatiori District· and the City to their respeoti.ve se.rerage syst~ aild discharge u~age t.hr'Ough Cit:r connec-ting ssrvJsre into the Sanit.'1ti~n District's sewerage syot.e1n. ~ oa~ers rcr the discharge o£ sewage .fro!ll the Htintenance District ebal,1 be con- 1Structed in accordance with plans and specifi.cations ao>proved by the Ci.ty Engineer ot tbe City and the Gai~l Manager or the Sanita.ti.on District* and shall be maintained at all t1J11e8. to the satistaeUon of said City Engineer and said Genera.J.. Manager~ . tho f'i.scnl year ending June :30, a servi.ce charge of $)7 • .50 per residential lot then connected to Maintananae District se.ter. Sili:f pa'T-aent '..eii.3..u. be ~aldthin ~--! sixt7 -C6cl°) ~-afi·er ·;rw;; jo or-:-iicii:ie;,,·z.~: 3. !iaintenance District shall pay ~ty:2xinu.a.uy, tor the fiscal )'eal' £Dil.ng. Jun~ ,o, a servicO? charge or $2.$.00 per resident1il lot then connected to (' . . . the r2intomnca District sewer. Sa.id piiyment ·ahill. be ma4e ·wtth1ri ·6!.-tty '(GOY'~; aft!?r ·June ·:30 .. of each· year~ -? - 4. It is agrc~, for th~ purpos~ of co::iputin; s~rvi.ce charges referred to in paragraphs 2 and 3, tliat lots connected to l·.~intenance Distri.ct scuel" pri.or to Di:cember Ji or aey fiscal year eluill be considered connectsd for the 1'ull fiscal year, and that lots con.>tected to Maintenance District sewer on or after January l ot o.ey £1scn1 yc;ar shall bo cono1dered connected as or 'tb9 bcgimu.ng of the eul::be. quent fieeal :ye:i.r. 5. It u e.&reod that Sanitation Ili..strict t:aT revise its service charge --. - notice given t:o'Mi!ii\e~e ·Dist.rlQt __ no~ ,l..ater than_ssven-(?)-montlt!r})rior to the· _... . -~ ·-··· --·----~'"" end o£ the currmt f'isca1 year within which ·su.cb notice ~ given~ The b:i~1i·)f'Or1 . ' tbe ret"i:sictr·l:Jt-un;r· :euo h:iJen1.ee-charp .. u-:-to:-provid e-1:bat ,,rcpei ty w1 thi11' tfie , lfaintenanev·Diatri~t sball,,a:y~the-me emciturL es-=-etiM~ property ifith1J1tthe · \ San1:tat1.ctti -mstr.teru · iJ(ying by ~arellf ~crtna-:san:i:tation .~t.:d.c.t. .. -:-::-~ 6. It is agraed that City may r6"11.se its· sgrvice charge for aey ti.seal lear !'o~CY.rlnb the i.n1.tial. fiscal year of 'th!.3 agreement b;r written notice g:1.ven to M=ii.-.ter.ance Dlst.rict not later than St:Wcn Ci) t::tonths prior to the end of' th9 r· curre:nt fiscal year within wlli.ch such notice .is gi.ven. Su.ch JX"crl.sian or the service eharg~ shall be compute.cl upon the difference in the costs of C?'..int~:>.n~e or City's set-rer s;;stem."nt the t.i.ae of such revision ~s compared to such crainten:ince costs at the time o£ execution ctr this agreer.ient and also a proportionate eharg 0£ any ae::1er construction by Cit;r benefit. ting Hu..nten:i..."lce District propert.isa to be included in t'll:\ntbly charges and coll~cted over a r~sonable p:?riod· of ye:ara. A reasonable decision of the city Council of 'City!! shall be !'in:ll and conclusive with rei;ard to acy-such rt:vision. 7. It 1a the intention, and hareby: agreed by the parties bere:t.o that thie ~gree:n:mt shall be ei'!ective as of J~ 1, 1967, regardl.ess of the final date of execution cy all or said parties,· and sha.11 continue in effect until. terminated upon seven (7) month!!• tn-itt~n notice prior to the end of nay risca1 year during t.he ten hereof' 1n tha manner and for any o£ the f'olloWi.n& reasona: Py the S:ini.t.:i.tion .DiJJtrict and the Cit,'s a. The sewage discba.rr;oo fro:i tbe M:iinter.anc9 District is 1n a.rv -way- b. Th(;: l-l:tl.nt~:tc(;: Dlatrlot fa.Us to pay the scr;ice charges as spcci!'1ed. hsre1n. c. The l·hintcnance District i'ails to abids by any othsr provisions a! this agreement requirro to be peri'or.ned by ~t. By the l!lintcmnce Districts a. In event a · S!?'tl'er O'..itlet within 1.os Ange1es Counfy bacoi:ies a-va.1la.ble and econoi!lically i'easi.b1e to utilize tor the discharge of eange generated in th9 sai.d 17. 7lJ-acra_ paroe1 comprising the Sandal.wood Sewer lbint~ce Distri.ct. 6. It is i'urther understood and agreed that• under the tems ot thia agreement. or by us~ ot the sewerage f'acilitie~ the Maintenance District sbal.1 not. I ac<r.ll.re any rtght, title or interest in the se1-1erage syst~ ot either the City or the Sanitation District other than the right to convey ast..age therein in accordance with the terms and. coodJ,.tiC!ns or this agreement and during the continuance thereof'. 9. It is ex.pressl;r und~rstood that this agreelllmt. shall. only apply 1:.o se"" ... "1.ge C!llilnci,ting f'ro::i residsnces located wi.th:µl the aforesaid l?.7l.>-'1ore parcel, and that no cewa~e from co:nl!lerc1a1 develoimsnt• induotrial. c_,perations or otherwise shall be d.1.sch.:lre;ed into tho Ss;ferage 1'acilit1.eo of Cit:y: or Sanitation District. 10. Ma.-int~nanoe District shall be reapor.sib).e £or all costs and cpenses in connecting ldth said eaorage system or Cit,r; end upon a.1'lY' te:mination or this agre~gnt shall re!':love nn;r such conn-"'"Cti:on at the e:itpense or J.iai.ntenance District 1n such i'ashion that City's line at the point or point.s 0£ connection sha.ll be left ·in the saa.s condition as before. J.rr;y-such connsct1on shal.l. likewise be subject to ~e approval of the Cit7 Engineer ot Ci~ and the G€?1eral. 1".a.n.i.ger of Sanitation District, and shall ~ ma1ntain::d to their satisfaction in the same manner as provideq for the sewer lines in paragraph l above. 4 ~ • -.._ D~ WI'rm::ss WHFlUXlF, the Board of Supcrviriore or Los Angeles C~ call3ed this agreement to be e:icecutcd by' its CbaiTZln and attested to by its Clerk and the City Cc:.L"lCil of tha City or Erca caascd t .his ar;ree:nc::nt to ~e ~eauted by its l~yor a.nd attest<Xi to by its Clerk and County Sanitation District ?Jo. 3 of Orange County • caused this agrce::tent to bo ex~ute4 by the Chail"O"'..::in of 1t:i Doard of' Directors and :ltte.5ted to by ito Secret.-:?17 all as of the day an<l° 7ear first hercl.nabO?o written. ATI'.EST: James s. lii.za . Executiye Of!icer- Clerk of the Board of supervisors ,,,,tqa, . ..;;,, bfa.1,a.{,f ~ D~uty Q' APP ROVED AS TO F:J F.:·i H.~ROLD W. KEH'l'IEDY Co~ty-C~\:!'..sc].::::z. :er. CL..ecc.-f.: ·1 _ca::_ .t :tr' ~;z~t. ATnST: .By{'rv;i?. .~l ",·"l=< U~ '' ·'' .? C.i ty Cl.crkJ (} CITY C1F BREA Orange County, State-or California ~ /}1 v~tl-L ~~------~~~~~--~--~~~-May qr comm SAMITATimr DISTRICT 110. 3 CF T't!E comm r:n oRA.mE state of Calii'ornia c /;/,•' -/ _y ~ By ,t' <''J?vl'{-1 ~ '/;/(~Jt_ -Chair.r.an, Board of Directors ( DEPARTMENT uF PUBLIC ~ORKS . Waterworks & Sewer Ma1nt. 01v. 550 South Vermont Avenue, Rm 329 Los Angeles , Ca. 90020 . ~ -·· ,~··. ~ ' .........,_,;.-:·.- Petree! /()S-JO 38C~6 SANDALWOOD ZONE (CONSISTING OF SANDALV/OOD SEY./ER .,MAINTENANCE DISTRICT, HEREBY DISSOLVED) COUNTY Ol=" LOS ANGELES. ! . CALIFORNIA · · . DIAGRAM SHO\IVING BOUNDARY OF AREA TO BE ANNEXED .TQ, AND . -SANDALWOOD .ZONE TO BE 'FORMED WITHIN .. : THE CONSOLIDATED SEVIER MAINTENANCE -DISTRJCT JOHN' A. LAMBIE . . ,:._:.;-.~~ ~~ . ·:.:-. . ____ COUNTY . ENGINEER SCALE. r"-soo' ··, ·, ~. . .. ---. . :'".-:.._. ·"" LEGEND ., :' •,,. .. · .... ~.·: . · .. _ ... · .·' -· BOUNDARY OF ZONE ANO DISTRICT .... ---"·= ~-.........,,~t-~,.·~~~~~ C.S.IAID.!:./\ No,.;cB ' ·. -~=· · · . · · ·, P<!Yrcel /tJ5-7tJ · TO: SUBJECT: Distribution AUDITOR-CONTROLLER December 22, 1999 DAVIDE. SUNDSTROM, CPA AUDITOR-CONTROLLER Hall of Finance & Records 12 Civic Center Plaza, Room 205 P.O. Box567 Santa Ana, California 92702-0567 (714) 834-2450 FAX: (714) 834-2569 Revenue Exchanges Resulting from Proposed Jurisdictional Changes- Midbury Neighborhood Reorg. from LA. County (RO 99-02) We have been notified by the Local Agency Formation Commission that your agency is involved In a proposed jurisdictional change. Section 99(c) of the Revenue and Taxation Code provides that prior to the effective date of any jurisdictional change, the affected agencies of such change shall negotiate the amount of property tax revenues to be exchanged . Section 99 of the Revenue and Taxation Code requires our office to advise the governing body of each local agency involved in a jurisdictional change of the amount of property tax revenue and the allocation factor for each affected agency subject to a negotiated exchange . . To enable the annexing agencies to commence revenue negotiations with the affected ~gencies for jurisdictional changes, we are providing the data required by Section 99 on the enclosed "Financial Impact Analysis Report." Negotiated revenue exchanges should be on an individual jurisdictional change basis, with specific agreements for each tax rate area. The amount subject to negotiation may be any amount of revenue not to exceed the amount indicated on line 6 of the enclosed form, any percentage up to the allocation factor indicated on line 6, or a combination of a revenue amount plus a percentage . For cities which have adopted the "Master Property Tax Transfer Agreement" with the County, annexations of areas previously unincorporated will not require negotiations. The property tax revenue exchange will be determined in conformance with the uniform method in the agreement. Annexina Agency's Responsibility For jurisdictional changes which will result in a special district providing one or more services to an area where such services have not been previously provided by any local agency, it is the responsibility of the annexing agency to contact the affected agencies to initiate property tax revenue negotiations. Revenue and Taxation Code Section 99(b) (4) requires this negotiating period to be concluded within 30 days from receipt of this notification from our office. The affected agencies which must be contacted are listed under line 6 of the Revenue Impact Analysis Report. The contact person for the County and Special Districts governed by the Board of Supervisors is Bob Aldrich at 834·2166. Distribution Subject: Revenue Exchanges Resulting from Proposed Jurisdictional Changes (RO 99-02) Page Two Affected Agency's Responsibility If your agency is listed on line 6, then the proposed jurisdictional change is within one of your tax rate areas. If the annexing agency wishes to negotiate a property tax revenue exchange, they must contact you. Affected agencies do not need to do anything until they are contacted. Completion of Negotiations Upon completion of these property tax revenue negotiations, each affected agency must adopt a resolution which specifies the following information: A) Description of the jurisdictional change 8) Names of the affected agencies C) Amount and/or percentage of property tax revenue, by tax rate area, agreed to be exchanged For city annexations covered by the master property tax agreement, the County and city must adopt resolutions agreeing to accept the exchange of property taxes as provided in the agreement. Certified copies of these resolutions need to be sent to the Local Agency Formation Commission and to our office. This will allow the County to process the jurisdictional change and to adjust future property tax revenue distributions. Should you have any questions or desire additional information on these matters, please call me at 834-4437. NGG:mn Enclosure Distribution: Karen Rodgers, Assessor's Office Dana Smith, LAFCO Mike Ruane, Assistant CEO City Manager, City of Brea Neal G. Gruber Supervisor, Tax Section General Manager, OC Sanitation District C:\My Documents\Typing\Revenue E)(Change\Midlmry Neigtit>ottiOM (RO 99-02).doc Jurisdictional Boundary Change Return Completed form to LAFCO 12 Civic Center Plaza, Room 235 Santa Ana, CA 92701 Attention: George Eachus, Assessor's Mapping Division Neal Gruber, Auditor-Controller's Office November 17, 1999 A. Proposal Title: Midbury Neighborhood Reorganization (R099-02) B. Affected Agencies: City of Brea, Orange County Sanitation District, County of Orange C. Area: 17.74 acres; square miles: D. Tax Rate Areas E. List cities and districts included wholly or partially within the proposal area: F. List cities and districts within three mi1es of the exterior boundaries of the proposal: G. Boundaries: H. Correction of the boundaries recommended? Definite and certain boundaries? Follow lines of assessment and ownership? Addition/deletion of territory recommended? Is the territory contiguous to the annexing agency? Creates island? Secured Roll: See Attached Land I. Improvements Personal Property Exemptions Net Assessed Value YES [ ] [ ] [ J [ J [ J [ ] NO [ ] [ ] [ ] [ ] [ ] [ ] Unsecured Roll: See Attached Assessed Value Exemptions Net Assessed Value (attach separate sheet if necessary) J. State Utility Roll: K. Please provide the following information: [ ) Ownerships, addresses, valuations [ X ] Ownerships only L. Property Tax negotiations [ ] No property tax exchange is required, return to LAFCO [ X] Section 99 (b )(1) requires the above infonnation to be forwarded to the Auditor's office within 30 days. Please return a copy to LAFCO. [ ] A master property tax resolution is applicable to this proposal. Please forward to the Auditor's office with a copy to LAFCO. Midbury Neighborhood Reorganization (R099-02) Secured Values LA County APN's Land Imp Total HOX Net Value 8269-018-001 18,444 67,082 85,526 7,000 78,526 8269-018-002 18.285 67,082 85,367 7,000 78,367 82 69-018-003 121,400 166, 100 287,500 0 287,500 8269-018-004 123,000 105,000 228,000 7,000 221,000 8269-018-005 129,400 155,600 285,000 7,000 278,000 8269-018-006 50,817 132,777 183,594 7,000 176,594 8269-018-007 165,600 129,000 294,600 7,000 287,600 8269-018-008 132.459 187,002 319,461 7,000 312,461 8269-018-009 18,285 91,487 109,772 7,000 102,772 8269-018-010 18.444 66,925 85,369 7,000 78,369 8269-018-011 27,251 130,418 157,669 7,000 150,669 8269-018-012 36,819 111 ,898 148,717 7,000 141,717 8269-018-013 20,731 79,961 100,692 7,000 93,692 8269-018-014 18,598 83,815 102,413 0 102,413 8269-018-015 18,598 82,694 101,292 7,000 94,292 8269~018-016 144,943 161 ,863 306,806 0 306,806 8269-018-017 18,131 125,437 143,568 7,000 136,568 8269-018-018 18,131 78,619 96,750 7,000 89,750 8269-018-019 63,030 128,931 191,961 7,000 184,961 8269-018-020 17,813 66,457 84,270 7,000 77,270 8269-018-021 22,837 84,621 107,458 7,000 100,458 8269-018-022 122,999 136,821 259,820 0 259,820 8269-018-023 114,992 160,011 275,003 0 275,003 8269-018-024 26,369 101,088 127,457 7,000 120,457 8269-018-025 209,700 53,000 262,700 7,000 255,700 8269-018-026 17,813 56,131 73,944 7,000 66,944 8269-018-027 17,972 76,776 94,748 7,000 87,748 8269-018-028 30,329 112,690 143,019 7,000 136,019 8269-018-029 17,972 65,671 83,643 7,000 76,643 8269-018-030 83,631 166,660 250,291 7,000 243,291 8269-018-031 23,541 92,026 115,567 7,000 108,567 8269-018-032 82,191 123,288 205,479 7,000 198,479 8269-018-033 24,601 109,489 134,090 7.000 127,090 8269-018-034 83,834 125,753 209,587 7,000 202,587 8269-018-035 17,505 92,113 109,618 0 109,618 8269-018-036 184,800 57,200 242,000 7,000 235,000 8269-018-037 17,813 66,457 84,270 7,000 77.270 8269-018-038 23,141 72,667 95,808 7,000 88,808 8269-018-039 17,972 76,052 94,024 7,000 87,024 8269-018-040 30,185 109,946 140,131 7,000 133, 131 8269-018-041 17,813 66,614 84.427 7,000 77,427 8269-018-042 69,961 106,241 176,202 7,000 169,202 8269-002~025 7,046 0 7,046 0 7,046 8269-002-026 7,046 0 7,046 0 7,046 8269-002-027 13,115 0 13, 115 0 13,115 8269-002-028 15.468 0 15,468 0 15.468 Total 2,480,825 4,329,463 6,810,288 252,000 6,558,288 Mldbury Neighborhood Reorganization (R099-02) Unsecured Values LA County APN's Frxtures Pers Prop Total Exempt Net Value 8269-018-004 3,928 3,928 REVENUE IMPACT ANALYSIS R.T. 99 and 99.01 For Agencies Affected By Jurisdictional Boundary Change Proposed Annexation: MIDBURY NEIGHBORHOOD REORG.(R099-02} Resolution: LAFCO Successor Jurisdiction: City of BREA , 0.C. SANITATION DISTRICT, Co. of ORANGE 1) Tax Rate Area 2) Assessed Value at 01/01/99 3) Revenue Attributable to Annexation (Line 2 • 0.01) 4) LESS: School Share 5) Property Tax Subject to Negotiation 6) Revenue & Factors Subject to Negotiation: ADJACENT TRA IN O.C. LA COUNTY TRAS 02-007 6814216 ' 68,142.16 ' NO DISTRICTS/REV FACTORS PROVIDED BY LA COUNTY SEE AlTACHED LISTING FOR O.C. TRA - Total Revenue Factors Subject to Negotlatio n I Prepared By 2._(d.. ~ Completion Date ----'-/_·;,_-_z_'l_.,.,c:;_<f_ C:\ DATA \ EXCEL\ OTHER\ REV-IMP.XLS Page 1 REVENUE IMPACT ANALYSIS R.T. 99 and 99.1 For Agencies Affected By Jurisdictional Boundary Change Proposed Annexation: MIDBURY NEIGHBORHOOD REORG.{R099-02) Resolution: LAFCO Successor Jurisdiction: City of BREA,022 O.C SANITATION DIST. & Co. of ORANGE 1) Tax Rate Area 2) Assessed Value at 01/01/99 3) Revenue Attributable to Annexation 4) LESS: School Share 5) Property Tax Subject to Negotiation 6) Revenue & Factors Subject to Negotiation: SEE ATTACHED LISTING Total Revenue Subject to Negotiation Prepared By Completion Date __ ~1_2_~_~_!>_.q_t;'_ C:\ DATA\ EXCEL\ OTHER\ REV-IMP.XLS ADJACENT TRA IN O.C. ADJACENT TRA IN O.C. 02-004 53-001 I ~ 0 0 . ., 0.00 0.00 Page2 ~Be8D401 03-30-99 FUND 0041-0t 0088-01 0081-03 0100-01 120 -01 v 131-01 ~'00 02-007 2131-01 fr+~ 02-001 2131-01 02-007 2131-01 02-007 2131-01 II({ 02-007 2131-01 02-007 2131-01 c 02-007 02-001 au1-01 4001-01 02-007 4051-01 02-007 5321-0t 02-007 7101-01 02•007 7351-01 02-007 829t-01 02-007 8841-01 (j •.• (1 "' (f ,, 02•008 0041-01 02-008 0088-0t 02-008 0091-03 02-008 0100-01 02-008 1201-01 02-008 2131-01 02-008 2131-01 02-008 2131-01 02.;.008 2131-01 02-008 2131-01 •02-008 2131-01 02-008 2131-01 02-008 2131-01 02-008 4001-01 02-008 4051-01 02-008 5321-01 02-008 7351-01 02-008 7811-01 02-008 8841-01 ,(.:_,·I.,. JJ ~t '[ .. ;: u . .; . ' \ ~:.· DIST 0528 708A 9 18A 001C 002A 00 1E 002A 0528 707A 710A 713A 744A 9184 710A 713A 744A 210A 200C 2138 &OOA 0528 708A 9 18A ootc 002A 001C 002A 0528 707A 710A 713A 744A 918A 710A 713A 744A 200C 230C &DOA 1999-00 FINAL PY REVENUE FACTOR--FUND/DIST WITHIN TRA DESCRIPTION BREA CITY ORANGE CO TRANSPORTATION AUTHORITY -~~~~ ORANGE CO LIBRARY DIST-GEN FUND ORANGE COUNTY GENERAL FUND ORANGE CO LIBRARY DIST-GEN FUND BREA CITY-BASIC AREA ORANGE CO TRANSIT DISTRICT-OPERATING FUND ORANGE COUNTY FLOOD CONTROL DIST-GENERAL FUND ORANGE CO HARBORS, BEACHES 6 PARKS CSA N 28 ORANGE COUNTY VECTOR CONTROL DIST ORANGE COUNTY SANITATION DIST 13 OPERATING ORANGE COUNTY FLOOD CONTROL DIST-GENERAL FUND ORANGE CO HARBORS, BEACHES & PARKS CSA N 28 ORANGE COUNTY VECTOR CONTROL DIST FULLERTON HIGH GENERAL FUND NoRTH ORANGE CD.COMM.COLLEGE-GENERAL FUND LA HABRA ELEMENTARY GENERAL FUND ORANGE CO DEPT. Of EDUCATION TRA TOTAL TRA TOTAL FACTOR •lf•· 12-658018952 .00282866163 «03~~p&riMt>r . 057742-87111 .01561762924 .09578404284 .01796092624 .05220350615 .00175244109 .00760944065 .00273893132 .00085854926 .00494200381 .01852292211 .01431763618 .00104593108 . 19329577314 .06537088489 .25352651522 .03417247050 1.00000000000 .00000000000 , .. PAGE 134 Al81D401 03-30-99 FUND 0041-01 0011-01 0091-02 0100-01 1201-01 2131-01 2131-01 2131-0t 2131-01 2131-01 2131-01 2131-01 2131-01 4001-01 4051-0t !5321-01 7351-01 7811-01 8841-01 ! . t ' ' • 0041-01 0011-01 0011-03 0100-01 1201-01 -01 2131-01 2131-01 2131-01 2131-01 2131-01 2131-01 3 -4001-01 4051-01 !5321-01 73!51•01 7811-01 1141-01 ... .• j • DIST 0528 708A 91BA 001C 002A 001E 002A 0528 707A 710A 713A 744A 118A 710A 7t3A 744A 200C 230C 800A 0528 708A 818A 001C 001E 002A 0521 707A 710A 713A 744A 8 710A 713A 744A 200C 230C 800A 1998-00 FINAL PY REVENUE FACTOR--FUND/DIST WITHIN TRA BREA C!TY ORANGE CO TRANSPORTATION AUTHORITY ~twi~~~~ .. ORANGE COUNTY GENERAL fUND ORANGE CO LIBRARY DIST-GEN fUND ORANGE COUNTY GENERAL fUND ORANGE CO LIBRARY DIST-GEN FUND BREA CITY•BASIC AREA TRA TOTAL ORANGE CO TRANSIT DISTRICT~OPERATING FUND ORANGE COUNTY FLOOD CONTROL DIST-GENERAL FUND ORANGE CO HARBORS,. BEACHES & PARKS CSA N 28 ORANGE COUNTY VECTOR CONTROL DIST ORANGE COUNTY SANITATION DIST #3 OPERATING ORANGE COUNTY FLOOD CONTROL DIST-GENERAL FUND ORANGE CO ~IORS, BEACHES & PARKS CSA N 28 ORANGE COUNTY VECTOR CONTROL DIST NORTH ORANGE CO COlll4. COLLEGE-GEN FUND IR£A OLINDA UNIFIED GENERAL FUND ORANGE CO DEPT. OF EDUCATION TRA TOTAL 1.00000000000 .12780801882 .00285411498 .,Qi'fllldG .. 9" .05829902193 .011576888619 .011670858744 .01813487805 .052709051503 .00178941000 .00788312120 .00278548095 .00088483783 .00511475732 .01870227553 .01445831858 .00105805225 .08800432004 .43575207518 .038714708115 1 . 00000000000 PAGE 132 • ABB8D401 03-30-99 1998-00 FINAL PY REVENUE FACTOR--FUND/DIST WITHIN TRA PAGE 2589 FUND DIST DESCRIPTION FACTOR 0088-01 708A ORANGE CO TRANSPORTATION AUTHORITY .00289562750 0089-01 706A ORANGE CO FXRE AUTHORJTV .11596448548 0091-03 918A ~~f...~H~<•l~t.JSI' ..oaiiAH"'99' 0100-01 001C ~A GE COUNTY GENERAL FUND .06359873384 ' 1201-01 002A ORANGE CO LIBRARY DIST-GEN FUND .01720238509 i~ -1 001C ORANGE COUNTY GENERAL FUND . 10549942347 53-001 2131-01 002A ORANGE CO LIBRARY DIST-GEN FUND .01978346168 53•001 2131-01 7.06A ORANGE COUNTY FIRE DEPT .00657527334-<J~. 53-001 2131-0 1 707A ORANGE CO TRANSIT DISTRICT -OPERATING FUND .00193041834 53-001 2131-01 710A ORANGE COUNTY FLOOD CONTROL DI ST-GENERAL FUND . 00838171285 53-001 2131-01 713A ORANGE CO HARBORS, BEACHES & PARKS CSA # 26 .00301686287 53-001 2131-01 744A ORANGE COUNTY VECTOR CONTROL DlST .00094348751 53-001 2131-01 i18A ORANGE COUNTY SANITATION OlST 13 OPERATING .00521977337 53-001 4001-01 710A ORANGE COUNTY FLOOD CONTROL DIST-GENERAL FUND .02040278931 53-001 4051-01 713A ORANGE CO HARBORS, BEACHES & PARKS CSA I 26 .01577051046 53-001 5321-01 744A ORANGE COUNTY VECTOR CONTROL DIST . 00115209128 53-001 7351-01 200C NORTH ORANGE CO COMM. COLLEGE-GEN FUND .07200525899 53-001 7611-01 230C BREA OLINDA UNlflED GENERAL FUND .47536853035 53-00 1 8841 -01 600A ORANGE CO DEPT. OF EDUCATION .04223445680 ' .,. TRA TOTAL 1 . 00000000000 53-002 0088-01 70BA 53-002 0089-0t 708A 53.:.002 0100-0 1 001C 53-002 1201-01 002A 53-002 2131-0t 001C 53-002 2131-01 002A 53-002 2131-01 706A !53·002 2131-01 707A 53-002 2131-01 710A 53-002 2131-01 713A 28 53-002 2131-01 744A 53-002 4001-01 710A FUND 53-002 4051-01 713A 28 53-002 5321-01 744A 53-002 7351-0t 200C 53-002 7811-01 230C 53-002· 8841-01 &OOA 'd ' TRA TOTAL 1.00000000000 FAHR COMMITTEE Meeting Date To Board 1/12/00 1/26/00 AGENDA REPORT Item Number Item Number FAHR00-05 Orange County Sanitation District FROM: Robert P. Ghirelli, Director of Technical Services Originator: Michael D. Moore, Manager of Environmental Compliance and Monitoring SUBJECT: APPROVAL OF PROFESSIONAL SERVICES AGREEMENT FOR FOLLOW-UP STUDIES RELATED TO HUNTINGTON BEACH CLOSURE INVESTIGATION GENERAL MANAGER'S RECOMMENDATION Approve participation in a cooperative project with the City of Huntington Beach and County of Orange for follow-up studies related to the Huntington Beach closure investigation for an estimated amount not to exceed $83,383, with the balance to be funded by the City of Huntington Beach and the County of Orange. SUMMARY The District played a lead role in the investigation of the contamination that closed much of Huntington Beach during the summer of 1999. The results of the District's investigation into the suspected sources of the contamination are contained in a report approved by the Board of Directors at its December 15, 1999 meeting. The report concluded that the District's facilities are not the cause of the contamination and that urban runoff appears to be the likely source. The Phase I Final Report identifies additional studies either in planning or underway at the time the report was written that are aimed at tracking down the source or sources of the contamination. The transport mechanisms of the source(s) also need to be understood. The City of Huntington Beach has taken the lead in formulating an action plan for further studies and requested the participation of the District and the County of Orange in hiring a consultant to undertake additional groundwater, storm drain, oceanographic, and sewer system investigations. The General Manager is recommending that the District participate in this study contract because: • The proposed oceanographic studies' tie-in with the District's offshore monitoring and surfzone testing programs; • The District should support its member agencies in programs aimed at improving regional (watershed) water quality; \ltadonldala1'tNp.cltalagenda\FAHR\FAHR2000\2000 Agenda Rep0rts\FAHR00-05.doc • The District took the lead in the investigation during the summer, and staff has unique expertise to support the member agencies for the next phase of the investigation; • Keeping Orange County's beaches open and safe is a vital objective of our mission as a water pollution control agency. The District's share of the proposed contract is approximately $84,000. The total project cost is estimated at $535,000. PROJECT/CONTRACT COST SUMMARY The General Manager is seeking Board approval to participate in the proposed cooperative project with the City of Huntington Beach and County of Orange and to contribute $83,383 as the District's share of the project cost (Attachment A). Thus far, based on purchase orders and other data, it is estimated the District has spent about $1.4 million on the investigative aspects of the effort to identify the cause of the Huntington Beach closure (Attachment 8). BUDGET IMPACT 0 This item has been b4dgeted. D This item has been budgeted, but there are insufficient funds. r2] This item has not been budgeted. D Not applicable (information item) The General Manager is proposing to use J-73 Cooperative Projects' money to pay for this project. Not all the J-73 monies were spent last year, so there are sufficient funds available. ADDITIONAL INFORMATION Under the proposed contract, a team of consultants would be hired to review the District's Phase I Final Report, the results of other ongoing studies, and other available information. The consultants would then develop a workplan and perform various tasks associated with the next phase of the investigation to pinpoint the source of contamination. The workplan would be subject to review and approval by a number of public agency staff members, including representatives of the District. Eight companies were invited to bid on the work and, based on a review of proposals received, two teams of consultants were interviewed to conduct the work. The interview panel consisted of representatives from the City of Huntington Beach, the District, and the County of Orange. The interview panel unanimously recommended that the scope of work be divided among the two finalists: the team of URS Greiner Woodward Clyde/Moffatt & Nichol Engineers (7 out of 8 tasks) and KO MEX Water Science ( 1 task). While URS Greiner had the best overall approach to the project and an experienced \lrad011\dala1~.dta\adrnln\BS\FAHRIFAHR Huntington 8-ch Fo!ION-Up luues1.doe project team, KOMEX offered particularly strong qualifications that related to subsurface leak and ground water quality investigations. Attachment A provides a breakdown of the tasks, budget, and share of the costs among the three agencies. The cost share for the District is calculated at $83,383 or 15% of the total project cost. The General Manager is recommending that the Board approve a budget for the District's share of the project. Given the evolving nature of the project, the scope of work and associated tasks and costs are likely to be adjusted as more information is gathered about the likely sources, fates, and transportation of the contamination. The Huntington Beach City Council considered this contract at their January 3, 2000 meeting. The Council approved the contract with Komex, but deferred approval of the contract for the remaining seven URS Greiner Woodward Clyde tasks. Talks are underway with the County of Orange regarding their participation. Should either the City or County decide to not participate in the project or substantially alter their contribution, staff will reevaluate its participation and seek further guidance from the Board. ALTERNATIVES The District could opt to not participate in the City and County contract given the large amount of money we have already allocated to this effort. However, staff is recommending the District's participation because of the proposed oceanographic studies' tie-in with the District's offshore monitoring and surfzone testing programs. And, as the regional sanitation agency for Orange County, the District should be involved in supporting its member agencies in programs aimed at improving regional water quality. CEQA FINDINGS Not Applicable. ATTACHMENTS 1) Attachment A -Urban Runoff Coastal Remediation Action Plan 2) Attachment B -Updated Agency Costs for Huntington Beach Closure Investigation \llad0111data1'Wp.~ladmll'!IBSIFAHR\FAHR 1-juntington Beach FoM-.Up lssues1.doe Attachment A Urban Runoff Coastal Remediation Action Plan URS Greiner Woodward Cl 1. Workplan $2,000 $2,000 $_2;000 Develop detailed approach to study to ensure proper (33%) (33%) -@3%)..,. direction. Identify specific physical project limits by reviewing topographical data. Prioritize various discharges based on rior data. Develo detailed schedule. 2. Review Existing $10,000 $3,334 $3,333 I Compile data gathered by all previous studies. Commence Information (34%) (33%) categorization of data. Maximize use of information from rior efforts. 3. Watershed $30,000 $6,000 $21,QDO . $3,000 Perform detailed physical evaluation of entire upstream Sanitary Surveys (20%) (70% (110%) drainage area. Build upon data gathered to date by all agencies. Investigate potential point sources. Coordinate with UCI stud underwa . 4. Focused Source $35,000 $7,000 $24,500 $3,500 DNA ribotyping of bacteria sampled from areas in Task 3. Testin 20% 0% 1-0% 5. Oceanographic $214,000 $42,800 $149,800 -$.21,4PO · Define and evaluate transport pathways of bacterial Studies (20%) (70%) -'f1.9?&~: pollutants in ocean environment. Develop two-dimensional, numeric model to perform cause-effect queries. Collect and review existing oceanographic data. Replicate ocean and contaminant concentrations. Predict ocean and beach !J contaminant concentrations and com are with actual data. 6. Feasibility $104,000 $83,200 $10,400 .. ;~r 1or~.oo Develop a range of solutions, based on study results from Studies (80%) (10%) "· (1,0~o) prior tasks, that primarily involve immediate recommendations for HB pump stations (e.g., low-flow diversion and/or end-of-pipe treatment feasibility); but, also involve a regional approach with possible constructed wetlands feasibility studies and, even, outfall extension solutions for draina e s stems. 7. UV Treatment at ? 100% If determined worthwhile as an alternative to, or as a pre- Pump Stations treatment for, HB pump station diversion to the OCSD r. system, develop a feasibility study and preliminary I en ineerin Ian for UV disinfection of surface flows. Subtotals $399,000 $144,334 $211,033 -s4e;~33·· 36% 53% .11% \lradon\data1\wp.dta\ad111ln\BS\FAHRIFAHR Huntington Beech Foll""'·Up lso;ues1.doc Komex -H20 Science 1. Subsurface Investigations Grand Total $132,500 $531,500 $92,750 (70%) $237,084 45% \\radonldata1\wp.dta\admln\BS\FAHRIFAHR Huntington Beach Follow.Up lssues1 .doc 0 $211,033 40% _ -~39;,1so· Perform supplemental, coastline soil borings to either reveal -~· (30%:) or eliminate possible contamination sources from yet ~~ " , , unconfirmed point sources (mobile home parks, deteriorated $83,383 15% sewer s stems, and OCSD Plant #2. .. • Attachment B Updated Agency Costs for Huntington Beach Closure Investigation (Updated September 30, 1999 DISffRl€T'S··COSTS. ~"" ,J Coast Trunk Siohon lnvestiaation Flow Monitoring Studies Siphon Leak Inv. & Cleaning (including Newland area cleanina) (estimate) Siphon Debris Haulina Diversion structure (estimate) SUB-TOTAL Vicinitv Characteristics Research Ground Penetrating Radar Beach Surveyina & Hydropunchina (estimate) Archived Docs Review & Aerial Photo (estimate) MEC Talbert Marsh Study & Correlations (estimate) Outfall Dye Proiect (estimate) SUB-TOTAL Sewer lnsoection/Rehab Services CCTV/Clean Huntington state Beach Area CCTV/Clean Lower District 11 Other line cleaning services Sewer Repair Services for State Parks (estimate) Potholln.a beside Lines (estimate) SUB-TOTAL In-house laboratorv Services Fully-loaded Sample Costs (through 11/8) Enchanter Boat In-kind Laboratory Services for December 1999 UCI Talbert Marsh Study (estimate) SUB-TOTAL Documents, Mapping, etc. Accumulated Staff Time (through 9/30/99) (estimate) SUB-TOTAL Other Aaencv Costs to the District Oatstandina Reimbursement from State Parks Down-Size Siohon $ 18,065 $ 382,078 $ 7,577 $ 121 458 $ 529,178 $ 9,720 $ 81,000 $ 7075 $ 75,000 $ 82,389 $ 255,184 $ 27,590 $ 5,928 $ 11,941 $ 20,822 $ 24,000 $ 90,281 $ 93,175 $ 2,800 $ 51,000 $ 146,975 Reve"ue A~~~11. v_'a~ J§irit_Q.Qst_=-; RA11 RA11 RA11 RA11 Joint Joint Joint Joint Joint Reimbursable RA11 RA11 Reimbursable RA11 Joint Joint Joint $ 1,274 Joint $ 411,000 Reflective of Project Phase [Joint+ RA11 (siphon)l $ 412,274 s -51,682 --=-·-: Siphon Engineering & Retrofit (estimate, not including $ 195,000 RA11 labor and staff time) (not included in overall project cost or Accumulated Staff Time throuoh 9/30/99) City of Huntington Beach $ 335, 133 State of California, Department of Parks and Recreation $ 121,869 County of Orange, Environmental Health $ 75,959 County of Orange, Flood Control (PFRD} $ 28,555 SUB-TOTAL $ 561,516 .. ,, Ii:.... ot"'-'':P :rorAZ:''PRC?>JEcr cos·rs M ALLAGENCIES 1 .$1,943>•726 -5" • I g -= \\iadon\data1M!>.dla\admln\BS\FAHR\FA.HR Hun1ington Beach Fo~C>N-Up lssues1.doc FAHR COMMITTEE Meeting Date 01/12/00 AGENDA REPORT Item Number FAHR00-06 Orange County Sanitation District FROM: Gary Streed, Director of Finance Originator: Steve Kozak, Financial Manager SUBJECT: ASSIGNMENT OF INVESTMENT MANAGEMENT AGREEMENT, PACIFIC INVESTMENT MANAGEMENT COMPANY (PIMCO) GENERAL MANAGER'S RECOMMENDATION To Bd. of Dir. Item Number Authorize Director of Finance to execute the December 20, 1999 Letter of Consent, for assignment of the September 1, 1995 Investment Management Agreement from PIMCO, a Delaware general partnership, to PIMCO, a Delaware limited liability company and indirect subsidiary of Allianz AG. SUMMARY Following a competitive selection process, Pacific Investment Management Company (PIMCO) has served as the District's external money manager since September 1995. In October 1999, PIMCO and Allianz AG announced terms of an agreement for Allianz to acquire PIMCO. As a result of the merger, PIMCO will change from a general partnership to a limited liability company and subsidiary of Allianz AG. The legal changes related to the merger transaction have resulted in a request for assignment of the Investment Management Agreement between PIMCO and the District. All other terms and conditions of the Agreement will remain the same. PROJECT/CONTRACT COST SUMMARY NIA BUDGET IMPACT D This item has been budgeted. D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. [8J Not applicable (information item) H:lwp.dta'-genda\FAHRIFAHR2000a000 Agend<I ReportslFAHR00-06.doc RtMsed: 8/20/98 Page 1 ADDITIONAL INFORMATION Merger of PIMCO and Allianz AG On October 5, 1999, PIMCO confirmed that it was in discussions regarding a possible acquisition by Allianz AG. On October 31, 1999, PIMCO and Allianz AG announced that they had reached a definitive agreement for Allianz to acquire majority ownership of PIMCO. The merger between Allianz, Europe's second largest insurance company, and PIMCO, the nation's third largest publicly traded money management organization, will establish the combined company as one of the world's largest money management firms, with more than $650 billion under management. PIMCO has assured the District that the merger transaction will not alter their relationship with the District. They have stated that their investment management and client service team will remain in place to serve the District. Acquisition Agreement Several key terms of the acquisition agreement indicate that the District will continue to receive the same high level of investment management expertise from PIMCO. Excerpts of these terms follow: • "PIMCO ... will remain as a separate business subsidiary under the PIMCO name, heading the global fixed-income business of the combined companies .... " • "William H. Gross will continue as PIMCO's Chief Investment Officer under a new long-term employment contract." • "William S. Thompson ... will continue as PIMCO's Chief Executive Officer .... " • " ... in the United States the mutual funds will continue to be offered under the PIMCO Funds banner." Assignment of Investment Management Agreement In its current legal form, PIMCO is registered as a Delaware general partnership. The September 1, 1995 Investment Management Agreement between the District and PIMCO reflects this status. As a result of the merger with Allianz, PIMCO will become a Delaware limited liability company and an indirect subsidiary of Allianz AG. This change would constitute an assignment of the Investment Management Agreement. Section 13 of the Investment Management Agreement provides for assignment of the Agreement with prior written consent of the District. PIMCO has forwarded the attached December 20, 1999 letter requesting the District's acknowledgement, consent, and H:lwp.dla\agenda\FAHRIFAHR200ru000 Agenda Repof1s\FAHR00-06.doc RMed: 8l20r'98 Page2 agreement to the assignment of the September 1995 Investment Management Agreement. Staff recommends that the Finance, Administration & Human Resources Committee approve execution of the Letter of Consent for assignment of the PIMCO Investment Management Agreement. All other terms and conditions of the Agreement will remain the same. Follow-Up Action Staff will continue to monitor the PIMCO/Allianz merger transaction for potential impacts on the District, and keep the Committee informed of significant developments as they may occur. Staff will develop a plan for alternative external investment management services as necessary. ALTERNATIVES None. CEQA FINDINGS N/A ATTACHMENTS 1. PIMCO Letter of Consent dated December 20, 1999 H:lwp.dlll\a{lenda1FAHRIFAHR20000000 Agenda Reooots\FAHROO.OO.doc RMed: 8l20l96 Page3 VIA: AIRBORNE EXPRESS December 20, 1999 Mr. Steve Kozak Orange County Sanitation District 10844 Ellis Avenue Fountain Valley, CA 92708 PIM C 0 PACIFIC INVESTMENT MANAGBMENT COMPANY S40 Newport Center Drive Suite 300 Newport Beach, CA 92660 Tel: 949.720.6000 Fax: 949.720.1376 Re: County Sanitation District Nos. 1, 2, 3, 5, 6, 7, 11, 13 and 14 of Orange County, California -PIMCO Acct. #203 County Sanitation District Nos. 1, 2, 3, 5, 6, 7, 11 , 13 and 14 of Orange County, California -PIMCO Acct. #603 Dear Mr. Kozak: As you are aware, from our prior communication, we have agreed to a transaction with Allianz AG that will result in a change of control of Pacific Investment Management Company ("PIMCO"). Specifically, on October 31, 1999, PIMCO Advisors L.P. entered into an hnplementation and Merger Agreement {"Implementation Agreemenf') with a subsidiary of Allianz AG and a numrper of other parties. The Implementation Agreement provides that Allianz AG would acquire majority ownership of our parent company, PIMCO Advisors L.P., includin~ all of the interests held at PIMCO Advisors Holdings L.P. (collectively, the "Allianz Transaction,,). The transaction is subject to a number of approvals and contingencies, including regulatory approvals and the approval of the unitholders of PIMCO Advisors Holdings L.P., and is currently expected to close in the first quarter of 2000. In connection with the closing of the Allianz Transaction it is anticipated that we (Pacific Investment Management Company) will become a Delaware limited liability company and an indirect subsidiary of Allianz AG. The Allianz Transaction will not change our relationship with you. It is not expected to affect either the quality of services provided to your account or the identity of the persons responsible for investment management and client service at PIMCO. PIMCO will continue to provide you with the high quality advisory services that you expect. We believe that the Allianz Transaction will result in an even stronger advisory and financial services firm offering a broader range of advisory services and expertise. Your investment advisory agreement with PIMCO will be considered to be "assigned., upon a change of control in PIM CO that would constitute an assignment under applicable federal law. The Allianz Transaction would be deemed to cause such an assignment which requires your prior consent. Accordingly, we ask that you now provide us with your affirmative consent by signing in the space indicated below, indicating your consent to the change of control and deemed assignment caused by the Al1ianz Allianz Transaction Consent Letter December 20, 1999 Page 2 Transaction and return an enclosed copy of this letter to PIMCO in the enclosed, stamped, addressed envelope. We would prefer to have your affirmative consent to the continuation of our contractual relationship. However, if within 60 days of the date of this notice, we have not received your ~ffinnative consent and also have not received any notice from you indicating that you have chosen to terminate your investment advisory agreement with PIMCO, we will assume that you have consented to the deemed assignment of that agreement and to the change of control caused by the Allianz Transaction and we will continue to provide you with investment advisory services under your existing agreement. Should you have any questions regarding this matter, please do not hesitate to call me at (949) 720-6161. Sincerely, k-4J- Rita J. Seymour Vice President Acknowledged, Consented and Agreed: County Sanitation District Nos. 1, 2, 3, 5, 6, 7 , 11, 13 and 14 of Orange County, California Title: 2031603 (NC) FAHR COMMilTEE Meeting Date To Jt Bds. 01/12/00 01/26/00 AGENDA REPORT Item Number Item Number Orange County Sanitation District FROM: SUBJECT: Gary Streed, Director of Finance Originator: Steve Kozak, Financial Manager TREASURER'S REPORT FOR THE MONTH OF DECEMBER 1999 GENERAL MANAGER'S RECOMMENDATION Receive and file Treasurer's Report for the month of December 1999. 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. 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 District's Investment Policy. The District's portfolio contains no reverse repurchase agreements. 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. PROJECT/CONTRACT COST SUMMARY None. BUDGET IMPACT D This item has been budgeted. D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. ~ Not applicable (information item) H:lwp.dtalfin\210\crane\FAHR\Fahr2000\Jan1Treasurers RePOrt·Dec.doc Revised: 10/17/97 Page 1 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. These reports accurately reflect all District investments and are in compliance with California Government Code Section 53646 and the District's Investment Policy. Sufficient liquidity and anticipated revenues are available to meet budgeted expenditures for the next six months. On December 17, the sum of $10 million was received from the Orange County Tax Collector's property tax allocation cycle, and was deposited in the District's Long-Term portfolio for investment. The table below details the book balances of the District's funds at month-end. A graphical representation of month-end balances is shown by the attached bar chart. Funds/Accounts State of Calif. LAIF Union Bank Checking Account Union Bank Overnight Repurchase Agreement PIMCO -Short-term Portfolio PIMCO -Long-term Portfolio District 11 GO Bond Fund 921 Debt Service Reserves@ Trustees Petty Cash TOTAL ALTERNATIVES None. CEQA FINDINGS None. ATTACHMENTS 1. Monthly Investment Reports 2. Monthly Transaction Report GGS:SK:lc H:lwp.dta\fin\210\crane\FAHRIFahr2000Van\Treasurer's Report-Dec.doc Revised: 10117197 Book Balances Estimated Dec.31, 1999 Yield(%) $ 29,955,013 5.5 338.471 -- 781,000 4.6 19,325,898 3.6 279,194,532 4.3 1,955 5.5 32,155,273 6.4 9,400 -- $361,761,542 Page2 Prepared by Finance; 01 /1 112000, 9:29 AM Monthly Treasurer's Report District Fund Balances $400,000,000 .......-------------------------------. Jul, 99 Aug, 99 Sep, 99 E3 PIMCO -Long-term ~Debt Service Reserves ra Bank Accts la Dist 11 GO Bond Fund G:\excel.dta\fin\2220\geggi\Finance\monthly treasurers report Oct, 99 Ill PIMCO -Short-term CDLAIF B Petty Cash Nov,99 Dec,99 MONTHLY REPORT ORANGE COUNTY SANITATION DISTRICT INVESTMENT MANAGEMENT PROGRAM PIMCO'S PERFORMANCE MONITORING & REPORTING (for the month ending 31December 1999) Liquid Operating Monies (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 RATE 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 days: 15.1.6 PORTFOLIO QUALITY Average Portfolio Credit Quality: 15.1.7 SECURITIES BELOW "A" RATING % 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: Year-to-Date: Commentary $19,385,392 $19,325,898 $19,354,357 $19,348,607 0.16 0.20 $31,283 0% 87% ''AAA.'' 0% Yes Portfolio 0.48 1.37 5.U 5.12 • Interest rates rose across slightly all maturities in December as investors remained concerned tl1al U1e combination of rapid economic. growth and a dwindling labor pool would increase wage pressures and force another round ofinterest rate increases by the Fed in 2000 (e.g. 3-month Treasury Bill rates rose2 basis points). The Liquid portfolio outperformed its benchmark by S basis points in December. • PIMCO's emphasis on corporates and agencies added to portfolio returns. • PIMCO will continue to hold high quality commercial paper and short-term notes to enhance returns. H:l .. IFINANCEi •. IREfllSED UQ/299.IU'T Index 0.43 1.25 4.73 4.73 MONTHLY REPORT ORANGE COUNTY SANITATION DISTRICT INVESTMENT MANAGEMENT PROGRAM PIMCO'S PERFORMANCE MONITORING & REPORTING (for the month ending 31December1999) Long-Term Operating Monies (203) lS.1.1 PORTFOLIO COST AND MARKET VALUE Current Market Value Estimate: • PIMCO • Mellon Historical Cost: • PIMCO • Mellon 15.1.2 MODIFIED DURATION Of Portfolio: Oflndex: 15.1.3 1 % INTEREST RATE CHANGE Dollar Impact (gain/loss) of 1 % Change: 15.1.4 REVERSE REPOS % of Portfolio in Reverse Repos: (see attached schedule) tS.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" RATING % 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: 12Months: Year-to-Date: Commentary • With interest rates rising across all maturities again in December, the bond market continued to show weakcnetums. • The Long-Term portfolio underperformed its benchmark by 6 basis points in December. • PIMCO's decision to maintain a below-index duration added slightly to returns. However, sector and security selection detracted from portfolio returns. • PIMCO will continue to emphasize mortgage-backed securities to enhance returns. H:L. IFINANCE111nl ... IREVJSED ~T/299.RPF $279,416,762 $279,194,532 $285,093,487 $285,635,363 2.12 2.32 $5,996,270 0% 35% "AAA" 0% Yes Portfolio Index (0.04) 0.02 0.63 0.41 2.29 2.19 229 2.19 @ ORANGE COUNTY SANITATION DISTRICT PA Gt: '1 BASE: USD NETASSETSECTORSUMMARY OCSF07511102 31-DEC-1999 FINAL LJQUID OPER-PIMCO %OF UNREALIZED PORTFOLIO DISTRIBUTION COST MARKET VALUE TOTAL GAIN/LOSS CASH & CASH EQUIVALENTS UNITED STATES COMMERCIAL PAPER· DISCOUNT 2,672,670.50 2,672,670.50 13.67% 0.00 TREASURY BILLS -LESS THN l YR 3,411,181.67 3,411,181.67 17.45% 0.00 MUTUAL FUNDS 4,078,885.30 4,078,885.30 20.86% 0.00 TOTAL UNITED STATES 10,162,737.47 10,162.,737.47 51.98% 0.00 TOTAL CASH & CASH EQUIVALENTS 10,162,737.47 10,162,737.47 51.98% 0.00 FIXED INCOME SECURITIES UNITED STATES U.S. AGENCIES 4,688, 174.00 4,696,117.00 24.02% 7,943.00 ABS: CAR LOAN 905,913.00 904,320.00 4.63% -1,593.00 BANKING & FINANCE 2,573,257.50 2,547,343.50 13.03% -25,9)4.00 INDUSTRIAL 506,445.00 503,345.00 2.57% -3,100.00 UTILITY -TELEPHONE 512,080.00 512,035.00 2.62% -45.00 TOTAL UNITED STATES 9,185,869.50 9,163,160.50 46.87% -22,709.00 TOTAL FIXED INCOME SECURITIES 9,185,869.SO 9,163,160.so 46.87% -22,709.00 OTHER PORTFOLIO ASSETS PAYABLES/RECEIVABLES 226,170.66 226,170.66 1.16% 0.00 TOTAL 226,170.66 226,170.66 1.16% 0.00 TOTAL OTHER PORTFOLIO ASSETS 226,170.66 226,170.66 1.16% 0.00 NET PORTFOLIO ASSETS 19.574, 777.63 19,552,068.63 100.00% -22,709.00 JJ-Jan-2000 JO: I 5:51 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 1 BASE: USD NETASSETSECTORSUMMARY OCSF07522202 31-DEC-1999 FINAL LONG TERM OPER-PIMCO %OF UNREALIZED PORTFOLIO DISTRIBUTION COST MARKET VALUE TOTAL GAIN/LOSS CASH & CASH EQUIVALENTS RECEIVABLES 57,800.50 57,800.50 0.02% 0.00 PAYABLES ·26,723, 187.50 -26,723,187.50 -9.46% 0.00 TOTAL -26,665,387.00 -26,665,387.00 -9.44% 0.00 UNITED STATES COMMERCIAL PAPER -DISCOUNT 40,404,284.0 l 40,404,284.01 14.30% 0.00 MUTUAL FUNDS 12,452,753.37 12,452,753.37 4.41% 0.00 TOTAL UNITED STATES 52,857,037.38 52,857,037.38 18.700/o 0.00 TOTAL CASH & CASH EQUIVALENTS Zo,19 I ,650.38 26,191,650.38 9.27% 0.00 FIXED INCOME SECURITIES UNITED STATES U.S. GOVERNMENTS 66,444,002.33 64,254, 159.4& 22.74% -2,189,842.85 U.S. AGENCIES 59,987,918.24 58, 101,080.60 20.56% -1,886,837.64 GNMASINGLE FAMILY POOLS 26,006,875.00 25,859,807.50 9.15% -147,067.50 GNMAMULT1 FAMil.,Y POOLS 3,736,585.71 3,713,785.91 l.31% -22,799.80 FHLMCPOOLS 9, 144,588.11 8,960,503.34 3.17% -184,084. 77 FHLMC MULTI CLASS 8,245,096.13 8,051,223.49 2.85% -193,872.64 FNMA POOLS 1,684,307.07 1,701,779.64 0.60% 17,472.57 ASSET BACKED SECURITIES 69,150.27 69,085.28 0.02% ·64.99 ABS: HOME BQU11Y 446,401.79 445,142.94 0.16% -1,258.85 MUTUAL FUNDS 1,000,000.00 985,670.00 0.35% -14,330.00 BANKING & FINANCE 56,000,314.00 55, 707,381.50 19.71% -292,932.50 lNDUSTRIAL 17,029,969.00 15,852,887.00 5.61% -1, 177,082.00 UTILITY -ELECTRIC 2,151,250.00 1,950,300.00 0.69% -200,950.00 UTILITY -TELEPHONE 7,491,255.00 7,350,075.00 2.60% ~ 147, l 80.00 TOT AL UNITED STATES 259,443, 712.65 253,002,881.68 89.53% -6,440,830.97 TOTAL FIXED INCOME SECURITIES 2S9,443,7U.6S 253,002,881.68 89.53% -o,440,830.97 OTHER PORTFOLIO ASSETS / J..Jan-2000 10:19:44 Executive Workbench OCSF07522202 LONG TERM OPER-PIMCO PORTFOLIO DISTRIBUTION PAYABLES/RECEIVABLES TOTAL TOTAL OTHER PORTFOLIO ASSETS NET PORTFOLIO ASSETS JI-Jan-2000 10:19:44 ORANGE COUNTY SANITATION DISTRICT NET ASSET SECTOR SUMMARY 31-DEC-1999 COST MARKET VALUE 3,399,318.80 3,399,318.80 3,399,318.80 3,399,318.80 3,399,318.80 3,399,318.80 289,034,681.83 282,593,850.86 PAGE: 2 BASE: USD FINAL %OF UNREALIZED TOTAL GAIN/LOSS 1.20% 0.00 1.20% 0.00 1.20% 0.00 100.00% -6,440,830.97 Executive Workbench YLDANAL YIELD ANALYSIS PAGE 1 OCSF07511102 1999/12/31 RUN DATE 01/06/00 DISTRICT: LI QUIP OPERATING RUN TIME 12.50.20 -===== 27 -=======::::== --= ==========-=r:= PAR VALUE YTM AT CURRENT MOODY MAR.KET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ---------------------------------------------------------------------------------- CASH & CASH EQUIVALENTS 4,078,885.30 DREYFUS TREASURY CASH MGMT .ooo 4.471 AAA 100.000 4,078,885.30 40.13 996085247 AAA 4,078,885.30 21.11 3,500,000.00 U S TREASURY BILLS 5.094 .ooo P-1 97.462 3,411,181.67 33.56 912795DK4 03/02/2000 DD 03/04/99 A-1+ 3,4.11,181.67 17.65 900,000.00 FLORIDA PWR CORP DISC 6.034 .ooo P-1 98.939 890,448.00 8.76 34110AB93 02/09/2000 890,448.00 4.61 900,000.00 ILLINOIS TOOL WRl( DISC 6.067 .ooo P-1 99.065 891,586.00 8 .'77 45230KAXO 01/31/2000 891,586.00 4.61 900,000.00 GENERAL ELEC CAP DISC 6.205 .ooo p::1 98.960 890 ,636.50 8.76 36959HBE6 02/14/2000 890,636.50 4.61 -----------------------------~ -------- TOTAL CASH & CASH EQUIVALENTS 2.589 2 .315 10,162,737.47 100.00 10,162,737.47 52.59 FIXED INCOME SECURITIES 1,000,000.00 FEDERAL HOME LN MTG CORP DEBS .ooo 4.704 AAA 100.015 999,200.00 10.91 3134A3RT5 FLTG RT 05/18/2000 DD 05/18/99 AAA 1,000,150.00 5.18 900,000.00 GENERAL MTRS ACCEP CORP MTN .ooo 6.250 A2 100.006 909,657.00 9.82 37042M7G2 6 .250% 01/11/2000 OD OI/11/94 A 900,054.00 4.66 soo,000.00 TRANSAMERICA FIN MTN tSBOOllO 5 .653 8.446 Al 100 .048 515,125.00 5 . 45 89350MEPl 8.450% 01/12/2000 DD 01/12/95 A 500,240.00 2.59 3,700,000.00 FEDERAL HOME LN Bl< CONS BOS 5.815 4.840 AU 99.891 3,688,974.00 40.33 3133M7EW2 4.835% 01/28/2000 DD 01/28/99 AAA 3,695,967.00 19.12 475,000.00 ASSOCIATES CORP NORTH AM.ER 6,296 6.010 AA3 99.835 474,273.25 5.17 046003EL9 6.000% 06/15/2000 AA-474,216.25 2.45 900,000.00 FORD MTR CR MTN t TR 00538 6. 312 6.986 Al 100.480 905,913.00 9.86 345402YK1 7.020% 10/10/2000 DD 10/10/95 A 904,320.00 4.68 400,000.00 LEHMAN BROS HLDGS MTt-1 TR 00252 6.353 6 ,414 A3 99.782 400,216.00 4,35 52517PLMl 6 .400% 08/30/2000 DD 09/26/97 A 399,128 .00 2.07 YLDANAL YIELD ANALYSIS PAGE 2 OCSF07511l02 1999/12/31 RUN DATE 01/06/00 DISTRICT: LIQUID OPERATING RUN TIME 12.50.20 = == --=--r PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ \ 'l'YPB SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P l'RICE MAIU<ET VALUE \ TOTAL -----------------------~----------------------------------------------------------------- 1501 000.00 MOR.GAN J P & CO MTN SR 00043 6.430 6.154 Al 99 .531 149,625.00 1. 62 61687YBUO 6.125% 10/02/2000 DD 10/02/97 AA 149,296.50 • 77 500,000.00 INTERNATIONAL PAPER CO NT 6.535 9 . 636 A3 100.669 506,445.00 5.49 460146AJ2 9 .700% 03/15/2000 DD 03/21/90 BBB+ 503,345.00 2.60 500,000.00 GTE CORP DEB 6.669 9.155 BAAl 102.407 512,080.00 5.58 362320AQ6 9 .375\ 12/01/2000 A 512,035.00 2.65 125,000.00 FINOVA CAP CORP 6.924 6 .405 BAA.1 99.527 124,361.25 1.35 318074AF8 6.375\ 10/15/2000 DD 10/11/95 A-124,408.75 .64 -------------------------------------- TOTAL FIXED INCOME SECURrTIES 4.211 5.703 9 ,185,869.50 100.00 9,163,160.50 47 .41 ------------------------------------ TOTAL 3.616 4.461 19,948,606.97 100.00 19,325,897.97 100.00 YLDANAL YIELD ANALYSIS PAGE 3 OCSF07522202 1999/12/31 RUN DATE 01/06/00 DISTRICT: LONG-TERM OPERATING RUN T1ME 12.50.20 ==============----::--- PAR VALUE YTM AT CURRENT MOODY MAAKET TOTAL COST/ % TYPE SECURI';rY 10 SECURITY DESCRIPTION BOOJ< YIELD S-P PRICE MARKET VALUE % TOTAL ---------------------------------------------------------~------------- CASB & CASH EQUlVALENTS 12,452,753.37 DREYFUS TREASURY CASH MGMT .ooo 4 ,471 AAA 100,000 12,452,753.37 23.55 996085247 AAA 12,452,753.37 4.07 5,soo,ooo.oo MOTOROLA INC DISC 5.950 .ooo P-1 99 .164 5,454,029.17 10.31 62008MU3 01/28/2000 5,454,029. t7 l. 78 7,700,000,00 IBl~ DISC 5.969 .000 P-1 99.015 7,624,155.00 14.42 45920DB85 02/08/2000 7,624,155.00 2.49 9,500,000.00 EASTMAK l<ODAJ< CO DISC 6.016 .ooo P-1 99.073 9,411,924.45 17.80 27746AAS8 01/26/2000 9,411,924.45 3.08 101 100,000.00 GENERAL ELEC CAP DI.SC 6.018 .000 P-1 98.876 10,.579, 743.89 20.01 369598897 02/09/2000 10,579,743.89 3.46 6,300,000.00 AMERICAN EX CR CP DISC 6.040 .000 P-1 99.168 6,247,587.50 11.81 02581RAS2 01/26/2000 6,247,587.50 2 .04 1,100,000.00 NATIONAL RURAL DISC 6.316 .ooo P-1 98.804 1,086,844.00 2.05 63743CBQ5 02/24/2000 1,086,844.00 .36 -------------~-----------~------------TOTAL CASH & CASH EQUIVALENTS 3 .826 1. 617 521es1,037.38 100.00 52,857,037.38 17.28 FIXED INCOME SECURITIES 2,000,000.00 BANKERS TR NY CORP GLOBAL NT .ooo 5.ao5 Al 99.837 1,992,800.00 .78 066365DW4 FLTG RT 05/11/2003 DD 05/ll/98 A-1,996,740.00 .65 730,000.00 COMMIT TO PUR FNMA llTB DIST .ooo 6.134 AAA 100.540 716, 312.50 .29 11F011610 VAR RT 01/25/2029 AAA 733,942.00 .24 3,soo,ooo.oo CHRYSLER FINL LLC MTN fTR00615 .ooo 6.611 Al 99.875 3,498,635.00 1. 38 17120Ql':80 FLTG RT 08/08/2002 DD 04/08/98 A+ 3,4.95,625.00 1.14 2,000,000.00 FORD MTR CR CO GLOBAL NTS .000 6.219 Al 99.609 1,992,580.00 .78 345397RV7 FLTG RT 02/13/2003 DD 02/13/98 A 1,992,180.00 ,65 2,000,000.00 FORD MTR CR CO TERM ENHANCED .000 6 .216 Al 99.843 1,998,613.60 .78 345397SC·8 FLTG RT 08/27/2006 DD 08/27/98 A+ 1,996,860.00 .65 YLDANAL YIELD ANALYSIS PAGE 4 OCSF07522202 1999/12/31 RON DATE 01/06/00 DISTRICT: LONG-TERM OPERATING RUN TIME 12.50.20 -o~----= PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE ~T VALUE % TOTAL -..--------------------------------------------------------------- 3,000,000.00 GENERAL MTRS ACCEP MTN .ooo 6.490 A2 100.390 3,010,830.00 1.19 37042WVR9 FLTG RT 12/17/2001 DD 12/15/98 A 3,011,700.00 .98 J,950,000.00 GENERAL MTRS ACCEP CORP NTS .ooo 5 .570 A2 99,947 3,918,768.50 1. 56 370425QV5 FLTG RT 08/18/2003 DD 08/17/98 A 3,947,906 .50 1. 29 2,000,000 .00 BELLER FINANCIAL INC NTS .ooo 6.381 A3 100.447 2,000,000 .00 .79 423328Bt<8 FLTG R'l' 06/25/2001 DD 06/25/99 A-2,008,940.00 .66 3,000,000.00 HELLER FINL MTN #TR 00246 .ooo 5.662 A3 100.575 3,000,000.00 1.19 42333HLF7 FLTG R'l' 04/28/2003 DD 04/27/99 A-3,017,250.00 ,99 4,000,000.00 HOUSEHOLD FIN CO MTN .ooo 5.440 A2 100.168 4,000,000.00 1.58 44181KZA5 FLTG RT 06/24/2003 DD 06/24/98 A 4,006,720.00 1. 31 l,000,000.00 HOUSEHOLD FIN MTN SR f 00570 .ooo 5,739 A2 100.108 999,188.90 .39 44181KZT4 FLTG RT 08/01/2001 DD 09/04/98 A 1 ,001,080.00 ,33 5 10QO,OOO.OO LEHMAN BROS HLDGS MTN .000 6.673 A3 100.015 5,000,000.00 1.97 52517PQQ7 FLTG RT 12/12/2002 DD 12/07/99 A 5,000,750.00 1.63 7,351,190.00 US TREASURY INFLATION INDEX NT J.697 3.662 AAA 99 .000 7,328,033.77 2 .87 9128273A8 3 .625% 07/15/2002 OD 07/15/97 AAA 7,277,678.10 2.38 10,615,700.00 US TREASURY 1NFLATION INDEX NT 3. 720 3.582 AAA 94.219 10,336,675.00 3,95 9128272M3 3.375% 01/15/2007 DD 01/15/97 AAA 10,002,006.38 3.21 4,000,000.00 MORGAN STANLEY MTN ITR 00299 5 .170 5.468 AA3 99.859 3,997,788.00 1 .57 61745ENL1 FLTG RT 04/15/2002 DD 04/15/99 A+ 3,994,360.00 1.31 5,000,000.00 U S TREASURY BONDS 5.234 9.706 AAA 114 .625 6,233,593.75 2.26 912810DE5 11.125% 08/15/2003 DD 07/05/83 AAA 5,731,250.00 1.87 2,100,000.00 U S TRJ;;ASURY NOTES 5.294 6.362 AAA 100.203 2,167,321.15 .83 912827Z54 06.375% 09/30/2001 DD 09/30/96 AAA 2,1Q4,263.00 .69 s,200,000.00 0 S TREASURY BONDS 5.617 10.061 AAA 118.031 6,698,250.00 2 .42 912810DGO 11.875\ 11/15/2003 DD 10/05/83 AAA 6,137,612 .00 2.01 1,500,000.00 ASSOCIATES CORP N A SR NTS 5.650 6.571 A.1\3 98.923 1,543,215.00 .58 04.6003HY8 6.500~ 07/15/2002 DD 07/11/97 AA-1,483,845.00 .49 1,000,000.00 HELLER FINANCIAL INC NTS 5.760 5.882 A3 97.756 999,730.00 .38 42333fll'\JO 5.750% 09/25/2001 DD 09/25/98 A-.977,560.00 .32 YLDANAL YIELD ANALYSIS PAGE 5 OCSF07522202 1999/12/31 RUN DATE 01/06/00 DISTRICT: LONG-TERM OPERATING RUN TIME 12.50.20 : -==:: ==========--==~-=-----=====-.-:=-==~==--=-:=;s;=o=:--::==--==:=== PAR VALUE YTM AT CURRENT MOODY MARJ<ET TOTAL COST/ % TYPE SECURITY 1D SECURITY DESCRIPTION BOOl< YIELD S-P PRICE MARKET VALUE % TOTAL ----------------------------------------------------------------------------------------------- 1,200,000.00 U S TREASURY NOTES 5.768 6.472 AAA 100.438 l,213,406.25 .47 912827Y22 06.500% 05/31/2001 DD 05/31/96 AAA 1,205,250.00 ,39 2,005,000.00 SEARS ROEBUCK ACCEP CORP MTN 5 ,804 6.733 A3 ,97.140 2,060,739.00 .76 81240QGW6 6.540% 02/20/2003 DO 02/20/97 A-1,947,657.00 .64 23,430,000.QO U S TREASURY NOTES 5 .807 5.682 AAA 99.000 23,351,289.85 9 .16 912827501 05.625% 09/30/2001 OD 09/30/99 AAA 23,195,700.00 7.58 5,000,000.00 U S TREASURY NOTES 5. 811 .. 6.252 AAA 99.969 5,086,402.25 1. 97 9128272L5 06.250% 02/28/2002 DO 02/28/97 AAA 4,998,450.00 l.63 3,000,000.00 SEARS ROEBUCK ACCEP CORP MTN 5.849 6.763 Al 98.0ll 3,073,170.00 l.16 81240QJA1 6.630% 07/09/2002 OD 07/09/97 A-2,940,930.00 .96 14,750,000.00 FEDERAL NATL MTG ASSN MTN 5.882 6. 371 AAA 89 .625 14,560,462.50 5.22 31364GLD9 5.710% 12/15/2008 DD 12/15/98 AAA 13,219,687.50 4.32 6,000,000.00 NATIONSBANK CHJUU,OTTE N c MTN 5.882 5.854 AAl 99 .937 5,996,400.00 2.3/ 63858JDE6 5.850% 04/07/2000 DD 04/07/98 AA-5 ,996,220 .00 1.96 576,778.65 FBLMC Ml1LTICL MTG P/C 1574 E 5.912 5,930 99.500 575,967.54 .22 3133T02D5 5.900% 06/15/2017 573, 894. 76 .19 15,000,000.00 FEDERAL NATL MTG ASSN MTN 5.981 5.883 AAA 98.922 14,955,300.00 5.86 31364G2VO S .820% 07/19/2001 DO 07/19/99 AAA 14,838,300.00 4 .85 2 1 500,000.00 MERRILL LYNCH NOTES S.995 6.433 AA3 99.100 2 ,526,725.00 .97 59018SXP4 6.375% 10/01/2001 DD 10/03/97 AA-2,477,500.00 .81 1,572,984.35 GNMA II POOL t0080023 6 .005 6.034 AAA 101. 516 1,599,036.91 .63 36225CAZ9 6.125% 12/20/2026 DD 12/01/96 AAA 1,596,830.79 .52 7,500,000 .00 BELLSOUTR TELECOMMUNICATIONS 6 .010 6.122 AAA 98 .001 7,497,255.00 2.90 079867AX5 6.000% 06/15/2002 DD 06/15/98 AAA 7,350,075 .00 2.40 12,500,000.00 FEDERAL HOME LN .MTG CORP DEBS 6 .062 6.053 AAA 99.120 12,485,625.00 4.89 3134A3ZM1 6.000% 07/20/2001 DD 07/20/99 AAA 12,390,000.00 4.05 2,000,000.00 BANK.BOSTON CORP SR NTS 6.133 6.252 A2 97.967 1,999,600.00 . 77 06605TAL6 6.125% 03/15/2002 DD 03/12/99 A 1,959,340.00 .64 69,150.28 FIFTH TB.IRD BK AUTO TR 96A CLA 6.200 6.206 AAA 99.906 69,150.27 .02 31677EAM 6.200% 09/01/2001 DO 03/15/96 69,085.28 .02 YLDANAL YIELD ANALYSIS PAGE 6 OCSF07522202 1999/12/31 RUN DATE 01/06/00 DISTRICT: LONG-TERM OPERATING RUN TIME 12.50.20 --~------==== = PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY rD SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL -------~----------------------~--------------------------------------·------·---------_.__. ______ ---------- 1,000,000.00 POPULAR INC MTN f TR 00004 6 .201 6 .290 A3 98.567 i,000,000 .00 ,38 73317PADl 6.200% 04/30/2001 DO 04/21/99 BBB+ 985,670.00 .32 2,500,000.00 FBLMC MULTICLASS CTF 2146 QT 6.207 6 .140 AAA 97.718 2,455,859.38 .96 3133TKKU3 6.000% ll/15/2011 AAA 2,442,950.00 .00 446,401. 79 GREEN TREE CORP 99-D CL A-1 6.290 6.308 AAA 99. 718 446 , 401. 79 .17 3935052Y7 6.290% 10/15/2013 DD 08/26/99 AAA 445,142.94 .15 4,500,000.00 FEDERAL NATL MTG ASSN MTN 6.291 6.286 AAA 99.109 4,488,705.00 l. 76 3l364"CXV5 6.230% 03/01/2002 OD 03/03/97 AAA 4,459,905.00 l. 46 6,250,000.00 COMMIT TO PUR GNMA SF MTG 6.306 6.598 AAA 90.937 5,750,000.00 2.24 01N060619 6.000% 01/15/2029 AAA 5,683,562.50 l.86 3, 208,871.68 FHLMC MULTICLASS CTF E3 A 6.316 6.1}4 AAA 97.284 3,212,381.21 1.23 3133TCE95 6 .324% 08/15/2032 AAA 3,121,718.73 1.02 2,000,000.00 BEAR STEARNS COS INC 6.330 6.890 A2 97 .,964 2,031,960.00 .77 073902AHl 6.750% 04/15/2003 A 1,959,280.00 .64 2,000,000.00 FHLMC MULTICLASS CTF Tll A6 6.496 6 .797 AAA 95.633 2,000,888.00 .75 3133TDPV2 6.500% 09/25/2018 AAA 1,912,660.00 .63 2,374,687.27 FHLMC MULTICLASS CTF SER 1620Z 6,534 7.091 AAA 84. 616 2,218,547.33 .79 3133Tl7A4 6.000% 11/15/2023 DD 11/01/93 AAA 2,009,354.69 .66 21,500,000.00 COMMIT TO PUR GNMA SF MTG 6 .545 6.926 AAA 93.843 20,256,875.00 7 .97 OlN062615 6.500% 01/15/2029 AAA 20,176,245.00 6.60 9,000,000.00 PHILIP MORRIS COS NT 6.593 9.224 A2 100.282 9,903,780.00 3.56 718154BB2 9.250% 02/15/2000 A 9,025,380 .00 2.95 9,003,902.15 FBLMC GROUP tGS-0476 6.628 7.034 AAA 99.5l8 9,144,588.ll 3.54 3128DDQ55 7.000% 02/01/2003 DD 02/01/98 AAA 0,9601503.34 2.93 2,091,790 .88 GNMA II POOL #080088M 6.705 6.2.99 AAA 101.203 2,137,548.80 .83 36225CC20 VAR RT 06/20/2027 DD 06/01/97 AAA 2,116,955.12 .69 10,500,000.00 FEDERAL HOME LN MTG CORP DEBS 6. 711 6.468 AAA 97 .406 10,323,075.00 4.04 3134A3TCO 6.300% 06/01/2004 DD 06/01/99 AAA 10,227,630.00 3.34 2 ,000,000.00 MARSH & MCLENNAN COS INC SR NT 6. 717 6.834 A2 96.946 1,992,280.00 .76 571748AB8 6.625% 06/15/2004 DD 06/14/99 AA-l,938,920.00 .63 YLDANAL YIELD ANALYSIS PAGE 7 OCSf'07522202 1999/12/31 RUN DATE 01/06/00 DISTRICT: LONG-TERM OPERATING RUN TIME I 12.50.20 -====-= ----====-----·----------------------:::i:::== === ::==::: ==.=.::=. PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURlTY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL --------------~--------------------------------------------------------------------- 3,000,000.00 FORD MTR CR CO GLOBJIL ~DMARlC 6 .739 6.845 Al 97.875 2,995,080.00 1 .16 345397SJ3 6.700% 07/16/2004 DD 07/16/99 A+ 2,936,250.00 .96 2,soo,000.00 COUNTRYWIDE HOME LNS INC NT 6 ,866 6.998 A3 97.891 2,498,400.00 .96 22237UAB8 6.850% 06/15/2004 DD 06/24/99 A 2,447,275.00 .so 988,537.62 FNMA POOL t0252703 6. 877 6.639 AAA 97.906 967,994.57 .38 31371HU48 6,500% 09/01/2006 DD 08/01/99 AAA 967,837.64 .32 2,500,QOQ.OO U S TREASURY BONDS 6.906 9.196 AAA 144.078 4,029,030.31 l.42 9128100\74 13.250% 05/15/2014 DD 05/15/84 AAA 3,601,950.00 1.18 2,000,000.00 LONG ISLAND LTG CO DEB 7.512 8 .409 BAA3 97.5 15 2,151,250.00 . 77 S42671CT7 8.200% 03/15/2023 DD 03/28/93 A-1,950,300.00 .64 977, 432. 01 WMP/BUNTOON PAIGE f000-11150 7.684 7 .667 AAA 97.828 956,203.41 .37 302998GE3 7.500% 12/01/2030 DD 10/21/99 AAA 956,203.41 .31 ------------------------------------- TOTAL FIXED INCOME SECURITIES 4.334 6 .174 259,443,712.65 100.00 253, 002, 881. 68 82. 71 ------------------------------------- l'OTAL 4 .317 6 .022 312,300,750.03 100.00 305,859,919.06 100.00 ORANGE COUNTY SANITATION DISTRICT OCSGOOO I 0000 OCSD-CONSOLIDATED SHARES/P Alt SECURITY ID TRANSCOD.E PORTFOLIO DETAIL Ol-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER RECEIPTS AND DISBURSEMENT TRANSACTIONS CASH/SECURITIES RECEIVED FROM PLAN ADMINJST)UTOR LONG TERM OPER-PIMCO 0.00 RECD FROM PLAN ADMINISTRATOR NA9123459 ORANGE COUNTY SANJTATION CD OTHER ADMINISTRATIVE EXPENSES LIQUID OPER-PIMCO 0.00 FED WIRE FEES 99364H708 LEHMAN BROTHERS REPO cw LIQUID OPER-PIMCO 0.00 FED WlRE FEES FOR NOV NA9123459 cw LIQUID OPER-PIMCO 0.00 FED WlRE FEES 99364J639 LEHMAN BROTHERS REPO cw LONG TERM OPER-PlMCO 0.00 FED W1RE FEES FOR NOV NA9123459 cw LIQUID OPER-PIMCO 0.00 FED WIRE FEES 99364L014 LEHMANBROTHERSREPO cw JJ-Jan-2000 8:39:06 TRADE DATE/ SETTLDATE/ CO~LDATE 17-Dec-1999 17-Dec-t 999 02-Dec-1999 02-Dec-1999 03-Dec-1999 03-Dec-1999 03-Dec-1999 03-Dec-1999 03-Dec-1999 03-Dec-1999 06-Dec-1999 06-Dec-1999 . PAGE: l AMOUNT/ COST/ GAIN/LOSS 10,000,000.00 0.00 0.00 -0.85 0.00 0.00 -3.40 0.00 0.00 -0.85 0.00 0.00 -1.70 0.00 0.00 -0.85 0.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 2 PORTFOLIO DETAIL OCSGOOOJOOOO 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PIMCO 0.00 FED WIRE FEES 07-0ec-1999 -0.85 99364L758 LEHMAN BROTIIERS REPO 0.00 cw 07-Dec-1999 0.00 LIQUID OPER-PIMCO 0.00 FED WIRE FEES O~-Dec-1999 -0.85 99364M426 LEHMAN BROTHERS REPO 0.00 cw 08-Dec-1999 0.00 LIQUID OPER-PIMCO 0.00 FED WIRE FEES 09-Dec-I 999 -0.85 99364N648 LEHMAN BROTHERS REPO 0.00 cw 09-0ec-1999 0.00 LIQUID OPER-PIMCO 0.00 FBD WIRE FEES l O-Dec-1999 -0.85 99364P569 LEHMAN BROTHERS REPO 0.00 cw 10-Dec-1 999 0.00 LIQUID OPER-PlMCO o.oo FED WIRE FEES l 4-Deo-1999 -0.85 99364R391 LEHMAN BROTIIBRS REPO 0.00 cw 14-Dec-1999 0.00 LIQUID OPER-PlMCO 0.00 FED WIRE FEES 15-Dec-1999 -0.85 99364S399 LEHMAN BROTHERS REPO 0.00 cw I S-Dec-1999 0.00 LONG TERM OPER-PIMCO 0.00 FED WIRE FEES 20-Dec-1999 -0.85 99364Vl94 GOLDMAN SACHS LP REPO 0.00 cw 20-Dec-1999 0.00 //.Jan-2000 8:39:06 Executive Workbench OCSGOOO I 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE PURCHASES 0.00 99364W259 cw 0.00 99364W994 cw 0.00 99364Yl 15 cw 0.00 99364Zl53 cw 0.00 99365A025 cw 0.00 993658007 cw CASH & CASH EQUIVALENTS Jl-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO FED WIRE FEES LEHMAN BROTHERS REPO LONG TERM OPER-PIMCO FED WrRE FEES LEHMAN BROTHERS REPO LONG TERM OPER-PIMCO FED WIRE FEES LEHMAN BROTHERS RBPO LONG TERM OPER-PIMCO FED WIRE FEES LEHMAN BROTHERS REPO LONG TERM OPER-PIMCO FED WlRE FEES LEHMAN BROTHERS REPO LONG TERM OPER-PIMCO FED W1RE FEES LEHMAN BROTHERS REPO TRADE l>A TE/ SETTLDATE/ COMPLDATE 21-Dec-1999 21-Dec-1999 22-Dec-1999 22-Dec-1999 23·Dec-1999 23-Dec-1999 27-Dec-1999 27-Dec-1999 28-Dec-1999 28-Dec-1999 29-Dec-1999 29-Dec-1999 JI PAGE: 3 AMOUNT/ COST/ GAIN/LOSS -0.85 0.00 0.00 -0.85 0.00 0.00 -0.85 0.00 0.00 -0.85 0.00 0.00 -0.85 0.00 0.00 -0.85 0.00 o.oo Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLJDATED SHARES/PAR SECURITY ID TRANSCODE 900,000.00 99364H708 B 900,000.00 993648 708 FC 9,500,000.00 27746AAS8 B 9,500,000.00 27746AAS8 FC 136.65 996085247 8 136.65 996085247 FC 6,663.08 996085247 B I J-Jan-2000 8:39:06 II ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999-31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.500% 12/02/1999 DD 12/01/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.500% 12/02/1999 DD 12/0l/ LEHMAN BROS INC, NJ LONG TERM OPER-PJMCO EASTMAN KODAK CO DISC 01/26/2000 MORGAN J P SECS -FIXED INCO LONG TERM OPER-PIMCO EASTMAN KODAK CO DISC 01/26/2000 MORGAN J P SECS -FIXED INCO LIQUID OPER·PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASfIMGMT TRADE DATE/ SETTLDATE/ COMPLDATE 01-Dec-1999 0 l-Dec-1999 Ol-Dec-1999 Ol-Dec-1999 0 l-Dec-1999 01-Dec-1999 Ol-Dec-1999 01-Dec-1999 Ol-Dec-1999 01-Decr 1999 02-De.c-I 999 02-Dec-1999 02-Dec-1999 02-Dec-I 999 02-Dec-1999 02-Dec-1999 02-Dec-1999 PAGE: 4 AMOUNT/ COST/ GAIN/LOSS -900,000.00 900,000.00 0.00 ~900,000.00 0.00 0.00 -9,411,924.45 9,411,924.45 0.00 -9,4 11,924.45 0.00 0.00 -136.65 136,65 0.00 -136.65 0.00 0.00 -6,663.08 6,663.08 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 5 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLJDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO 6,663.08 DREYFUS TREASURY CASH MGMT 02-Dec-1999 -6,663.08 996085247 02-Dec-1999 0.00 FC 02-Dec-1999 0.00 LIQUID OPER-PIMCO 900,000.00 LEH.MAN BROTHERS REPO 02-Dec-1999 -900,000.00 99364J639 05.580% 12/03/1999 DD 12/02/ 02-Dec-1999 900,000.00 B LEHMAN BROS INC, NJ 0.00 LlQUID OPER-PIMCO 900,000.00 LEHMAN BROTHERS REPO 02-Dec-1999 -900,000.00 993641639 05.580% 12/03/1999 DD 121021 02-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 02-Dec-1999 0.00 LlQUID OPER-PIMCO 135.25 DREYFUS TREASURY CASH MGMT 03-Dec-1999 -135.25 996085247 03-Dec-1999 135.25 B 0.00 LIQUID OPER-PJMCO 135.25 DREYFUS TREASURY CASH MGMT 03-Dec-1999 -135.25 996085247 03-Dec-1999 0.00 FC 03-Dec-1999 0.00 LIQUID OPER-Pl.MCO 900,000.00 LEHMAN BROTHERS REPO 03-Dec-1999 -900,000.00 993641014 05.450% 12/06/1999 DD 12/03/ 03 -Dec-1999 900,000.00 B LEHMAN GOVT SECS INC, NY 0.00 LIQUID OPER-PlMCO 900,000.00 LEHMAN BROTHERS REPO 03-Dec-1999 -900,000.00 993641014 05.450% 12/06/l999 DD 12/03/ 03-Dec-1999 0.00 FC LEHMAN GOVT SECS lNC, NY 03-Dec-1999 0.00 J J-Jan-2000 8:39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 6 PORTFOLIO DETAIL OCSGOOO I 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO I 0, 700,000.00 GENERAL ELEC CAP DISC 03-Dec-1999 -10,579, 743.89 36959HB97 02/09/2000 03-Dec-1999 10,579,743.89 B CITIBANK CP IPA, NEW YORK 0.00 LONG TERM OPER-PIMCO 10, 700,000.00 GENERAL ELEC CAP msc 03-Dec-1999 ·I 0,579, 743.89 36959HB97 02/09/2000 03-Dec-1999 0.00 FC CITIBANK CP IP A, NEW YORK 03-Dec-1999 0.00 LIQUID OPER-PIMCO 24,0ll.15 DREYFUS TREASURY CASH MGMT 06-Dec-1999 -24,011.15 996085247 06-Dec-1999 24,01 l.15 B 0.00 LIQUID OPER-PIMCO 24,011.15 DREYFUS TREASURY CASH MGMT 06-Dec-1999 -24,011.15 996085247 06-Dec-1999 o.oo FC 06-Dec-I 999 0.00 LIQUID OPER-PIMCO 900,000.00 ILLINOIS TOOL WRK DISC 06-Dcc-1999 -891,586.00 45230KAXO 01131/2000 06-Dec-l 999 891,586.00 B MORGAN J P SECS • FIXED INCO 0.00 LIQUID OPER-PIMCO 900,000.00 ILLINOIS TOOL WRK DISC 06-Dec• 1999 -891,586.00 45230KAXO 01/31/2000 06-Dec-1999 0.00 FC MORGAN J P SECS -FIXED JNCO 06-Dec-1999 o.oo LIQUID OPER-PIMCO 400,000.00 LEHMAN BROTHERS REPO 06-Dec-1999 -400,000.00 99364L758 05.480% 12/07/1999 DD 12/06/ 06-Dec-1999 400,000.00 B LEHMAN BROS INC, NJ 0.00 I J-Jan-2000 8:39:06 F.xecutive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 7 PORTFOLIO DETAIL OCSGOOO 10000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLJDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY Il> TRANSi\CTION DESCRIPTION/ SETTL DATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PIMCO 400,000.00 LEHMAN BROTHERS REPO 06~Dec-1999 -400,000.00 99364L7S8 05.480% 12/07/1999 DD 12/06/ 06-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 06-Dec-1999 0.00 LIQUID OPER-PIMCO 900,000.00 FLORIDA PWR CORP DISC 06-Dec-1999 -890,448.00 3411 0AB93 02109/2000 07-Dec--J 999 890,448.00 B BANK ONE CAP MK.TS, CHICAGO 0.00 LIQUID OPER-PIMCO 900,000.00 FLORIDA PWR CORP DISC 06-Dec-1999 -890,448.00 34110AB93 02/09/2000 07-Dec-1999 0.00 FC BANK ONE CAP MKTS, CHICAGO 07-Dec-1999 0.00 LIQUID OPER-PIMCO 9,475.04 DREYFUS TREASURY CASH MGMT 07-Dec-1999 -9,475.04 996085247 07-Dec-1999 9,475.04 B 0.00 LIQUID OPER-PIMCO 9,475.04 DREYFUS TREASURY CASH MGMT 07-Dec-1999 -9,475.04 996085247 07-Dec-1999 0.00 FC 07-Dec-1999 0.00 LONG TERM OPER-PIMCO 1, I 00,000.00 FEDERAL HOME LN MTG CORP DIS 07-Dec-1999 -1,097,511.25 313396QV8 MAT 12/22/1999 07-Dec-1999 l ,097,511.25 B WARBURG DILLON READ LLC, NEW 0.00 LONG TERM OPER-PIMCO l, l 00,000.00 FEDERAL HOME LN MTG CORP DIS 07-Dec-1999 -1 ,097,511.25 313396QV8 MAT 12/22/1999 07-Dec-1999 0.00 FC WARBURG DILLON READ LLC, NEW 07-Dec-1999 0.00 /l-Jan-2000 8: 19:06 F.xecutive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 8 PORTFOLIO DETAIL OCSGOOO I 0000 01-DEC-1999-31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY JD TRANSACTION DESCRIPTION/ SETTI. DA TR/ COST/ TRANSCODE BROKER COMPLDATE GAJN/WSS LONG TERM OPER-PIMCO 6,300,000.00 AMERICAN EX CR CP DISC 07-Dec-1999 -6,24 7,587.50 02581RAS2 OJ/26/2000 07-Dec-1999 6,247,587.50 B MORGAN J P SECS -FIXED INCO 0.00 LIQUID OPER-PIMCO 400,000.00 LEHMAN BROTHERS REPO 07-Dec-1999 -400,000.00 99364M426 OS.440% 12/08/1999 DD 12/07/ 07-Dec-1999 400,000.00 R LEHMAN BROS TNC',, NJ 0.00 LIQUID OPER-PIMCO 400,000.00 LEHMAN BROTHERS REPO 07-Dec-1999 -400,000.00 99364M426 05.440% 12/08/1999 DD 12/07/ 07-Dec-1999 0.00 FC LEHMAN BROS INC, NI 07-Dec-1999 0.00 LONG TERM OPER-PIMCO 6,300,000.00 AMERICAN EX CR CP DISC 07-Dec-1999 -6,247,587.50 02581RAS2 01126/2000 07-Dec-1999 0.00 FC MORGAN J P SECS -FIXED INCO 07-Dec-1999 0.00 LIQUID OPER-PIMCO 300,000.00 LEHMAN BROTHERS REPO 08-Dec-1999 -300,000.00 99364N648 05.350% I 2/09/ 1999 DD 12/08/ 08·Dec-1999 300,000.00 B LEHMAN BROS INC, NJ 0.00 LIQUID OPER-PIMCO 300,000.00 LEHMAN BROTHERS REPO 08-Dec-1999 -300,000.00 99364N648 05.350% 12/09/1999 DD 12108/ 08-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 08-Dec-1999 0.00 LONG TERM OPER-PIMCO 5,500,000.00 MOTOROLA INC DISC 08-Dec-1999 -5,454,029.17 62008AAU3 01/28/2000 08-Dec-1999 5,454,029, l 7 B MERRILL LYNCH PIERCE FENNER 0.00 I 7-Jan-2000 8:39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 9 PORTFOLIO DETAIL OCSGOOO 10000 01-DEC-1999-31-DEC-1999 OCSD-CONSOUDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLJ>ATE GAIN/LOSS LONG TERM OPER-PIMCO 5,500,000.00 MOTOROLA INC DISC 08-Dec-l 999 -5,454,029.17 62008AAU3 01/28/2000 08-Dec-1999 0.00 FC MERRILL LYNCH PIERCE FENNER 08-Dec-1999 0.00 LIQUID OPER-PIMCO 43.73 DREYFUS TREASURY CASH MGMT 09-Dec-1999 -43.73 996085247 09-Dec-1999 43.73 B 0.00 LIQUID OPER-PIMCO 43.73 DREYFUS TREASURY CASH MGMT 09-Dec-1999 -43.73 996085247 09-Dec-1999 0.00 PC 09-Dec-1999 0.00 LIQUID OPER-PIMCO 300,000.00 LEHMAN BROTHERS REPO 09-Dec-1999 -300,000.00 99364P569 05.510% 12/1011999 DD 12/09/ 09-Dec-1999 300,000.00 B LEHMAN BROS INC, NJ 0.00 LIQIBD OPER-PIMCO 300,000.00 LEHMANBROTIIERSREPO 09-Dec-1999 -300,000.00 99364P569 05.510% 12/10/1999 DD 12/09/ 09-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 09-Dec-1999 0.00 LONG TERM OPER-PIMCO 7,700,000.00 IBM DISC 09-Dec-1999 -7,624, 155.00 459200885 02108/2000 1 O-Dec-1999 7,624, 155.00 B BANKERS TRUST CPIIPA, NEW YO 0.00 LONG TERM OPER-PIMCO 7,700,000.00 IBM DISC 09-Dec-1 999 -7,624, 155.00 45920DB85 02/08/2000 l O-Dec-1999 0.00 PC BANKERS TRUST CP/IPA, NEW YO 10-Dec-1999 0.00 JJ-Jan-2000 8:39:06 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLlDATED SHARES/PAR SECURITY ID TRANSCODE 2,500,000.00 313396RA3 B 2,500,000.00 3l3396RA3 FC 300,000.00 313588QL2 B 300,000.00 3 13588QL2 FC 75,845.00 996085247 B 75,845.00 996085247 FC 6,566.88 996085247 B /l-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DfS MAT 12127/1999 LEHMAN GOVT SECS INC, NY LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/27/1999 LEHMAN GOVT SECS INC, NY LIQUID OPER-PIMCO FEDERAL NATL MTG ASSN DISC MAT 12/13/1999 MORGAN J P SECS -FIXED INCO LIQUID OPER-PIMCO FEDERAL NATL MTG ASSN DISC MAT 12/13/1999 MORGAN J P SECS -FIXED INCO LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTLDATE/ COMPLDATE 09-Dec-I 999 10-Dec-1999 09-Dec-1999 I 0-Dec-J 999 lO-Dec-1999 09-Dec-1999 IO-Dec-1999 09-Dec-1999 1 O-Dec-1999 l O-Dec-1999 1 O-Dec-1999 10-Dec-1999 1 O-Dec-1999 I O-Dec-1999 I O-Dec-1999 1 O-Dec-1999 10-Dec-1999 PAGE: IO AMOUNT/ COST/ GAIN/LOSS -2,493,613.19 2,493,613.19 0.00 -2,493,613.19 0.00 0.00 -299,865.00 299,865.00 0.00 -299,865.00 o.oo 0.00 -75,845.00 75,845.00 0.00 -75,845.00 0.00 0.00 -6,566.88 6,566.88 0.00 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURlTY ID TRANSCODE 6,566.88 996085247 FC 300,000.00 99364R391 B .300,000.00 99364R391 FC 900,000.00 313396QV8 B 900,000.00 313396QV8 FC 45.40 996085247 B 45.40 996085247 PC I J-.lan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PlMCO LEHMAN BROTHERS REPO 05.550% 12114/1999 DD 12113/ LEHMAN BROS INC, NJ LIQUID OPER-PlMCO LEHMAN BROTHERS REPO 05.550% 12/14/1999 DD 12/13/ LEHMAN BROS INC, NJ LONG TERM OPER-PfMCO FEDERAL HOME LN MTG CORP DIS MAT 12122/1999 MERRILL LYNCH PIERCE FENNER LONG TERM OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/22/1999 MERRILL LYNCH PIERCE FENNER LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTLDATE/ COMPLDATE l O-Dec-1999 10-Dec-1999 10-Dec-1999 13-Dec-1999 13-Dec-1999 13-Dec-1999 13-Dec-1999 13-Dec-1999 13-Dec-1999 13-Dec-1999 13-Dec-1999 13-Dec-1999 l 3-Dec-1999 l 4-Dec-1999 14~Dec--1999 14-Dec-1999 14-Dec-1999 14-Dec-1999 PAGE: II AMOUNT/ COST/ GAIN/LOSS -6,566.88 0.00 0.00 -300,000.00 300,000.00 0.00 -300,000.00 0.00 0.00 -898,778.25 898,778.25 0.00 -898, 778.25 0.00 0.00 -45.40 45.40 0.00 -45.40 0.00 0.00 Executive Workbench OCSGOOO I 0000 OCSD-CONSOLIDATED SHARES/PAR SEClJRITY ID TRANSCODE 300,000.00 99364S399 B 300,000.00 993648399 FC l,154,178.17 996085247 B l,154,178.17 996085247 FC 900,000.00 36959HBE6 B 900,000.00 36959HBE6 FC 1,200,000.00 313312QW3 B J J-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.430% 12/15/1999 DD 12/14/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO LEHMANBROTHERSREPO 05.430% 12/15/1999 DD 12/14/ LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MOMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO GENERAL ELEC CAP DISC 02/14/2000 MERRlLLLYNCHPIERCEFENNER LIQUID OPER-PIMCO GENERAL ELEC CAP DISC 02114/2000 MERRILL LYNCH PIERCE FENNER LIQUID OPER-PIMCO FEDERAL FARM CR BK CONS DISC MAT 12/23/1999 GOLDMAN SACHS & CO, NY TRADE DATE/ SETTLDATE/ COMPLDATE 14-Dec-1999 14-Dec-1999 14-Dec-1999 14-Dec-1999 14-Dec-l 999 I 5-Dec-1999 I 5-Dec-I 999 l 5-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 l 5-Dec-1999 15-Dec-1999 15-Dec-1999 I 5-Dec-1999 15-Dec-1999 PAGE~ 12 AMOUNT/ COST/ GAIN/LOSS -300,000.00 300,000.00 0.00 -300,000.00 0.00 0.00 -1,154,178.17 l,154,178.17 0.00 -1,154,178.17 0.00 0.00 -890,636.50 890,636.50 0.00 -890,63650 0.00 0.00 -1, 198,560.00 l, 198,560.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: J3 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADEDATEf AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PTMCO 1,200,000.00 FEDERAL FARM CR BK CONS DISC 15-Dec-1999 -1 ,198,560.00 313312QW3 MAT 12/23/1999 l 5-Dec-1999 0.00 FC GOLDMAN SACHS & CO, NY I 5-Dec-1999 0.00 LIQUID OPER-PIMCO 87,368.lO DREYFUS TREASURY CASH MGMT l 6-Dec-1999 -87,368.10 996085247 t 6-Dev-1999 87,368.10 B 0.00 LIQUID OPER-PIMCO 87,368.lO DREYFUS TREASURY CASH MGMT 16-Dec-I 999 -87,368.10 996085247 16-Dec-1999 0.00 FC 16-Dec-1999 0.00 LIQUID OPER-PIMCO 352.00 DREYFUS TREASURY CASH MGMT 17-Dec-1999 -352.00 996085247 17-Dec-1999 352.00 B 0.00 LIQUID OPER-PIMCO 352.00 DREYFUS TREASURY CASH MGMT 17-Dec-1999 -352.00 996085247 17-Dec-1999 0.00 FC 17-Dec-1999 0.00 LONG TERM OPER-PIMCO l, I 00,000.00 NATIONAL RURAL DISC 17-Dec•l999 -1,086,844.00 63743CBQ5 02/24/2000 17-Dec-1999 1,086,844.00 B MERRILLLYNCHPIBRCEFENNER 0.00 LONG TERM OPER-PIMCO 1,100,000.00 NATIONAL RURAL DISC 17-Dec-1999 -1,086,844.00 63743CBQ5 02/24/2000 17-De~l999 0.00 FC MERRILLLYNCHPIERCEFENNER I 7-Dec-1999 0.00 I l-Jan-2000 8:39:06 Executive Workbench OCSGOOO I 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE 10,000,000.00 99364¥194 B 10,000,000.00 99364Vl94 FC 800,000.00 313588QT5 B 800,000.00 313588QT5 FC 4,515.70 996085247 B 4,515.70 996085247 FC 47,851.38 996085247 B 1 J-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO GOLDMAN SACHS LP REPO 05.260% 12/20/1999DD 12/17/ GOLDMAN SACHS & CO, NY LONG TERM OPER-PIMCO GOLDMANSACHSLPREPO 05.260% 12/20/1999 DD 12/17/ GOLDMAN SACHS & CO, NY LIQUID OPER-PIMCO FEDERAL NATL MTG ASSN DISCOU MAT 12/20/1997 CREDIT SUISSE FIRST BOSTON C LIQUID OPER-P!MCO FEDERAL NATL MTG ASSN DISCOU MAT 12/20/1997 CREDIT SUISSE FIRST BOSTON C LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTLDATE/ COMPLDATE 17-Dec-1999 17-Dec-1999 17-Dec-1999 17-Dec-1999 17-Dec-1999 17-Dec-1999 17-Dec-1999 17-Dec-1999 17-Dec-1999 17-Dec-1999 20-Dec-1999 io-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 PAGE: 14 AMOUNT/ COST/ GAJN/LOSS -10,000,000.00 I 0,000,000.00 0.00 -10,000,000.00 0.00 0.00 . 799,648.00 799,648.00 0.00 -799,648.00 0.00 0.00 •4,515.70 4,515.70 0.00 -4,515.70 0.00 0.00 -47,851.38 47,851.38 0.00 Executive Workbench OCSGOOO 10000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE 47,851.38 996085247 FC 800,000.00 313588QU2 B 800,000.00 313588QU2 FC 10,000,000.00 99364W259 B 10,000,000.00 99364W259 FC 11 9.11 996085247 B 119.11 996085247 FC I l-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO FEDERAL NATL MTG ASSN DISCOU MAT 12/21/1999 GOLDMAN SACHS & CO, NY LIQUID OPER-PIMCO FEDERAL NATL MTG ASSN DISCOU MAT 12/2111999 GOLDMAN SACHS & CO, NY LONG TERM OPER·PIMCO LEHMAN BROTHERS REPO 05.400% 12/21/1999 DD 12/20/ LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO LEHMAN BROTIIERS REPO 05.400% 12/21/1999DD12/20/ LEHMAN BROS INC, NJ LIQUID OPER·PIMCO DREYFUS TREASURY CASH MGMT LIQUID QPER-PIMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTLD~TE/ COMPLDATE 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-0ec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1 999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 21 -Dec-1999 21-Dec-1999 21-Dec-1999 21-Dec-1999 21-0ec-1999 II PAGE~ is AMOUNT/ COST/ GAIN/LOSS -47,851.38 0.00 0.00 -799,882.22 799,882.22 0.00 -799,882.22 0.00 0.00 -10,000,000.00 10,000,000.00 0.00 -10,000,000.00 0.00 0.00 -119.11 119.11 0.00 -119.11 0.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 16 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARESfPAR TRADEDATEf AMOUNT/ SECURITY ID TRANSACTION DESCRIPTJON/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PlMCO 800,000.00 FEDERAL NATL MTG ASSN DISCOU 21-Dec-1999 -799,880.89 313588QVO MAT 12/22/1999 21-Dec-1999 799,880.89 B MERRILL LYNCH PIERCE FENNER 0.00 LIQUID OPER-PIMCO 800,000.00 FEDERAL NATL MTG ASSN DISCOU 21-Dec-1999 -799,880.89 313588QVO MAT 12/22/1999 21-Dec-1999 0.00 FC MERRILL LYNCH PIERCE FENNER 21-Dec-1999 0.00 LONG TERM OPER-PIMCO 10,100,000.00 LEHMAN BROTHERS REPO 21-Dec-1999 -10, 100,000.00 99364W994 05.490% 12/2211999 DD 12/21 / 21-Dec-1999 10,100,000.00 B LEHMAN BROS INC, NJ 0.00 LONG TERM OPER-PlMCO 10, 100,000.00 LEHMAN BROTHERS REPO 21-Dec-1999 -10, I 00,000.00 99364W994 05.490% 12/2211999 DD 12/21/ 21-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 21-Dec--1999 0.00 LIQUID OPER-PIMCO 119.56 DREYFUS TREASURY CASH MGMT 22-Dec-1999 -119.56 996085247 22-Dec-1999 119.56 a 0.00 LIQUID OPER-PIMCO 119.56 DREYFUS TREASURY CASH MGMT 22-Dec-1999 -119.56 996085247 22-Dec-1999 0.00 FC 22-Dec-1999 0.00 LIQUID OPER-PIMCO 800,000.00 FEDERAL NATL MTG ASSN DISC 22-Dec-1999 -799,880.44 313588QW8 MAT 12/23/1999 22-Dec-1999 799,880.44 B MORGAN STANLEY & CO INC, NY 0.00 l /-Jan-2000 8:39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 17 PORTFOLIO DETAIL OCSGOOO I 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLLDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PIMCO 800,000.00 FEDERAL NA TL MTG ASSN DISC 22-Dec-1999 -799,880.44 313588QW8 MAT 12/23/1999 22-Dec-1999 0.00 PC MORGAN STANLEY & CO INC, NY 22-Dec-1999 o.oo LONG TERM OPER-PIMCO 12,200,000.00 LEHMAN BROTHERS REPO 22-Dec-1999 -12,200,000.00 99364Yl 15 05.400% 12/23/1999 DD 12/22/ 22-Dec-1999 12,200,000.00 B LEHMAN BROS INC, NJ 0.00 LONG TERM OPER-PIMCO 12,200,000.00 LEHMAN BROTHERS REPO 22-Dec-1999 -12,200,000.00 99364Yt 15 05.400% 12/23/1999 DD 12/22/ 22-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 22-Dec-1999 0.00 LIQUID OPER-PIMCO 1,235,204.02 DREYFUS TREASURY CASH MGMT 23-Dec-1999 -1,235,204.02 996085247 23-Dec-1999 l,235,204.02 B 0.00 LIQUID OPER-PIMCO l,235,204.02 DREYFUS TREASURY CASH MGMT 23-Dec-1999 -1,235,204.02 996085247 23-Dec-1999 0.00 FC 23-Dec-1999 0.00 LIQUID OPER-PTMCO 250,000.00 FEDERAL FARM CRBK CONS SYST 23-Dec-1999 -249,851.39 313312RAO MAT 12/27/1999 23-Dec-1999 249,851.39 B GOLDMAN SACHS & CO, NY 0.00 LONG TERM OPER-PIMCO 12,200,000.00 LEHMAN BROTHERS REPO 23-Dec-1999 -12,200,000.00 99364Zl53 05.300% 12/27/1999 DD 12/23/ 23-Dec-1999 12,200,000.00 B LEHMAN BROS INC, NJ 0.00 I /-Jan-2000 8:39:06 Executive Workbencli @ ORANGE COUNTY SANITATION DISTRICT PAGE: 18 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLJDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER·PIMCO 12,200,000.00 LEHMAN BROTHERS REPO 23-Dec-1999 -12,200,000.00 99364Z l53 05.300% 12127/1999 DD 12/23/ 23-Dec-1999 0.00 FC LEHMAN BROS TNC, NJ 23-Dec-1999 o.oo LIQUID OPER-PIMCO 250,000.00 FEDERAL FARM CR BK CONS SYST 23-Dec-1999 -249,851.39 313312RAO MAT 12/27/1999 23-Dec-1999 0.00 FC GOLDMAN SACHS & CO, NY 23-Dec-1999 0.00 LIQUID OPER-PIMCO 1,250,000.00 FEDERAL FARM CR BK CONS SYST 23-Dec-1999 -1 ,248,916.67 313312RC6 MAT 12129/1999 23-Dec-1999 1,248,916.67 B CREDIT SUISSE FIRST BOSTON C 0.00 LIQUID OPER-PIMCO 1,250,000.00 FEDERAL FARM CR BK CONS SYST 23-Dec-1999 -1,248,916.67 313312RC6 MAT 12/29/1999 23-Dec-1999 0.00 FC CREDIT SUISSE FIRST BOSTON C 23-Dec-1999 0.00 LONG TERM OPER-PIMCO 65,534.25 DREYFUS TREASURY CASH MGMT 27-Dec-1999 -65,534.25 996085247 27-Dec-1999 65,534.25 B 0.00 LONG TERM OPER-PIMCO 65,534.25 DREYFUS TREASURY CASH MGMT 27-Dec-1999 -65,534.25 996085247 27-Dec-1999 0.00 PC 27-Dec~l999 0.00 LIQUID OPER-PJMCO 2,800,000.00 FEDERAL HOME LN MTG CORP DIS 27-Dec-1999 -2, 799,594.00 313396RBJ MAT 12/28/1999 27-Dec-1999 2, 799,594.00 B CREDlT SUISSE FIRST BOSTON C 0.00 JJ.Jan-2000 8:39:06 Executive Workbench OCSGOOO I 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE 2,800,000.00 313396RBI FC I 2,300,000.00 99365A025 B 12,300,000.00 99365A025 FC 404.44 996085247 B 404.44 996085247 FC 1,792.90 996085247 B 1,792.90 996085247 FC I l-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999-31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP ors MAT 12/28/1999 CREDIT SUISSE FIRST BOSTON C LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.250% 12/28/1999 DD 12127/ LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.250% 12/28/1999 DD 12/27/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUJD OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTLDATE/ COMPLDATE 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 PAGE; 19 AMOUNT/ COST/ GAIN/LOSS -2,799,594.00 0.00 0.00 -12,300,000.00 12,300,000.00 0.00 -12,300,000.00 0.00 0.00 -404.44 404.44 0.00 -404.44 0.00 0.00 .. l,792.90 1,792.90 0.00 .J,792.90 0.00 0.00 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE 1,800,000.00 3t3396RC9 B 1,800,000.00 313396RC9 FC 12,300,000.00 99365B007 B 1,000,000.00 313396RC9 B 12,300,000.00 99365B007 FC 1,000,000.00 313396RC9 FC 4,050,000.00 996085247 B I l-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999-31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/19/1999 MERRILL LYNCH PIERCE FENNER LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/19/1999 MERRlLL LYNCH PIERCE FENNER LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.150% 12/29/1999 DD 12/28/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/19/1999 MORGAN JP SECS -FIXED INCO LONG TERM OPER-P1MCO LEHMAN BROTHERS REPO 05.150% 12/29/1999 DD 12/28/ LEBMAN BROS INC, NJ LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/19/1999 MORGAN I P SECS -FIXED INCO LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTLDATE/ COMPLDATE 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec•l999 28-Dec-1999 29-Dec-1999 29-Dec-1999 PAGE: 20 AMOUNT/ COST/ GAIN/LOSS -1,799,745.00 1,799,745.00 0.00 -1,799,745.00 0.00 0.00 -12,300,000.00 12,300,000.00 0.00 -999,850.56 999,850.56 0.00 -12,300,000.00 0.00 0.00 -999,850.56 0.00 0.00 -4,050,000.00 4,oso,ooo.oo 0.00 Executive Workbench OCSGOOO I 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE 4,050,000.00 996085247 FC 12,3 33,804.98 996085247 B 12,333,804.98 996085247 FC 6,688.00 996085247 B 6,688.00 996085247 FC FIXED INCOME SECURITIES -10,500,000.00 OIN062615 BC -11,000,000.00 01N062615 BC //-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONGTERM OPER-PJMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYfUS TREASURY CASH MGMT LONG TERM OPER-PIMCO COMMIT TO PUR GNMA SF MTG 6.500% 01/15/2029 MERRILL LYNCH PIERCE FENNER LONG TERM OPER-PIMCO COMMIT TO PUR GNMA SF MTG 6.500% 01/15/2029 BEAR STEARNS & CO INC, NY TRADE DATE/ SETTLDATE/ COMPLDATE 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 31-Dec-1999 3 l -Dec-1999 31-Dec-1999 3 l-Dec-1999 3 l-Dec-1999 27-0ct-1999 25-Jan-2000 27-0ct-1999 25-Jan-2000 PAGE: 21 AMOUNT/ COST/ GAIN/LOSS -4,050,000.00 0.00 0.00 -12,333,804.98 12,333,804.98 0.00 -12,333,804.98 0.00 0.00 ·6,688.00 6,688.00 0.00 ·6,688.00 0.00 0.00 9,896,250.00 -9,896,250.00 0.00 10,360,625.00 -10,360,625.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT II PAGE: 22 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOL!DATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPL DATE GAIN/LOSS LONG TERM OPBR-PIMCO 10,500,000.00 COMMlTTOPURGNMASFMTG 27-0ct-1999 -9,896,250.00 01N062615 6.500% 01115/2029 25-Jan-2000 9,896,250.00 B MERRILL LYNCH PIERCE FENNER 0.00 LONG TERM OPER-PIMCO 11,000,000.00 COMMIT TO PUR GNMA SF MTG 27-0ct-1999 -10,360,625.00 01N062615 6.500% 01/1512029 25-Jan-2000 10,360,625.00 B BEAR STEARNS & CO INC, NY 0.00 LONG TERM OPER-PIMCO 6,250,000.00 COMMITTOPURGNMASFMTG 04-l.Jov-1999 -5,818,359.38 OIN0606C5 6.000% 12/15/2028 20-Dec-1999 0.00 FC GOLDMAN SACHS & CO, NY 20-Dec-1999 0.00 LONG TERM OPBR-PJMCO 730,000.00 COMMIT TO PUR FNMA 11 TH DIST 04-Nov-1999 -715,400.00 1 lFOl16C6 VAR RT 12/25/2028 22-Dec-1999 0.00 FC GOLDMAN SACHS & CO, NY 22-Dec-1999 0.00 LIQUID OPER-PIMCO 415,000.00 ASSOCIATES CORP NORTH AMER Ol-Dec-1999 -474,273.25 046003EL9 6.000% 0611512000 06-Dec-1999 474,273.25 B BEAR STEARNS & CO INC, NY 0.00 LIQUID OPER-PlMCO 475,000.00 ASSOCIATES CORP NORTH AMER Ol·Dec-1999 -13,537.50 046003EL9 6.000% 06/15/2000 06-Dec-1999 0.00 IB 0.00 LIQUID OPER-PIMCO 475,000.00 ASSOCIATES CORP NORTII AMER 01-Dec-1999 -487,810.75 046003BL9 6.000% 0611512000 06-Dec-1999 0.00 FC BEAR STEARNS & CO INC, NY 06-Dec-1999 0.00 Jl-Jan-2000 8:39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT -PAGE: 23 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLJDATED SHARES/PAR TRADEDATFJ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO 5,000,000.00 LEHMAN BROS HLDGS MTN 02-Dec-1999 -5,000,000.00 525 17PQQ7 FLTG RT I 2/12/2002 DD 12/07/ 07-Dec-1999 5,000,000.00 B LEHMAN GOVT SECS INC, NY 0.00 LONG TERM OPER-PIMCO 5,000,000.00 LEHMAN BROS HLDGS MTN 02-0ec-1999 -5,000,000.00 525 17PQQ7 FLTG RT 12/12/2002 DD 12/07/ 07-Dec-1999 0.00 FC LEHMAN GOVT SECS INC, NY 07-Dec-1999 0.00 LONG TERM OPER-PIMCO 6,250,000.00 COMMIT TO PUR GNMA SF MTG 02-Dec-1999 -5, 750,000.00 01N060619 6.000% 01/15/2029 25-Jan-2000 5,750,000.00 B GOLDMAN SACHS & CO, NY 0.00 LIQUID OPER-PIMCO 150,000,00 MORGAN J P & CO MTN SR 00043 03-Dec-t 999 -149,625.00 61687YBUO 6.125% 10/02/2000 DD 10/02/9 08-Dec-1999 149,625.00 B MORGAN J P SECS -FIXED INCO 0.00 LIQUID OPER-PIMCO 150,000.00 MORGAN IP & CO MTN SR 00043 03-Dec-1999 -1,684.38 61687YBUO 6.125% 10/02/2000 DD 10/02/9 08-Dec-1999 0.00 lB 0.00 LIQUID OPER-PlMCO 150,000.00 MORGAN IP & CO MTN SR 00043 03-Dec-1999 -1 51,309.38 61687YBUO 6.125% 10/02/2000 DD 10/02/9 08-Dec-1999 0.00 FC MORGAN J P SECS -FIXED INCO 08-Dec-1999 0.00 LONG TERM OPER-PIMCO 730,000.00 COMMIT TO PUR FNMA 11 TH DlST 13-Dec-1999 -716,312.50 11F011 6tO VAR RT 01/25/2029 26-Jan-2000 716,3 12.50 B GOLDMAN SACHS & CO, NY 0.00 ll-.lurz..2000 8:39:06 £yecutive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 24 PORTFOLIO DETAIL OCSGOOO I 0000 01-DEC-1999-31-DEC-1999 OCSD-CONSOUDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAJN/LOSS LIQUID OPER-PIMCO 500,000.00 GTE CORP DEB 20-Dec-1999 -512,080.00 362320AQ6 9.375% 12/01/2000 23-Dec-1999 512,080.00 B MORGAN J P SECS -FIXED JNCO 0.00 LIQUID OPER-PIMCO 500,000.00 GTE CORP DEB 20-Dec-1999 -2,864.59 362320AQ6 9.375% 12/01/2000 23-Dec-1999 0.00 IB 0.00 LIQUID OPER-PIMCO 500,000.00 GTE CORP DEB 20-Dec-1999 -514,944.59 362320AQ6 9.375% 12/01/2000 23-Dec-1999 0.00 FC MORGAN J P SECS -FIXED INCO 23-Dec-J 999 0.00 PA YUPS FIXED INCOME SECURJTIES LONG TERM OPER-PIMCO 13,860.00 US TREASURY INFLATION INDEX l 5-Jul-1999 -13,860.00 9128273A8 3.625% 07/15/2002 DD 07/15/ I S-Jul-1999 13,860.00 PU 0.00 LONG TERM OPER-PIMCO 13,860.00 US TREASURY TNFLATION INDEX l 5-Jul-1999 -13,860.00 9128273A8 3.625% 07/15/2002 DD 07/15/ 15-Jul-1999 0.00 FC 3 l-Dec-1999 0.00 LONG TERM OPER-PIMCO 20,000.00 US TREASURY INFLATION INDEX 15-Jul-1999 -20,000.00 9128272M3 3.375% Ol/15/2007 DD 01115/ I 5-Jul-I 999 20,000.00 P!,J 0.00 JJ-Jan-2000 8:39:06 Executive Workbench OCSGOOO I 0000 OCSD-CONSOLIDATED SALES SHARES/PAR SECURITY ID TRANSCODE 20,000.00 9128272M3 FC 19.00 3133TCE95 PU 19.00 3133TCE95 FC 11,814.33 3l33Tl7A4 PU 11,814.33 3133TI7A4 FC CASH & CASH EQUIVALENTS -19,355.54 996085247 s I J-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO US TREASURY INFLATION INDEX 3.375% 01/15/2007 DD 01/15/ LONG TERM OPER-PIMCO FHLMC MULTI CLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PIMCO FHLMC MULTI CLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PIMCO FHLMCMULTICLASS CTF SER 162 6.000% 11115/2023 DD 11/0119 LONG TERM OPER-PIMCO FHLMC MUL TICLASS CTF SER 162 6.000% 11/15/2023 DD 11/01/9 LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ S:ETTL DA TE/ COMPLDATE 15-Jul-1999 l 5-JuJ-1999 3 l-Dec-1999 Ol-Deo-1999 OI-Dec-1999 0 l-Dec-1999 01-Dec-1999 14-Dec-1999 0 l-Dec-1999 Ol-Dec-1999 Ol-Dec-1999 0 l -Dec-1999 l 6-Dec-1999 OJ -Dec-1999 Ol-Dec-1999 PAGE: 25 AMOUNT/ COST/ GAIN/LOSS -20,000.00 0.00 0.00 -19.00 19.00 0.00 -19.00 0.00 0.00 -11,814.33 11,814.33 0.00 -11,814.33 0.00 0.00 19,355.54 -19,355.54 0.00 F.xecutive Workbench OCSGOOO I 0000 OCSD-CONSOLlDATED SHARES/PAR SECURITY ID TRANSCODE -19,355.54 996085247 FC -8,570,207.09 996085247 s -8,570,207 .09 996085247 FC -900,000.00 99364H708 s -900,000.00 99364H708 IS -900,000.00 99364H708 FC -4,l79,745.59 996085247 s I l-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.500% 12102/1999 DD 12/01/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.500% 12/02/1999 DD 12/01/ LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.500% 12/02/1999 DD 12/01/ LEHMAN BROS INC, NJ LONG TERM OPER-PlMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTLDATE/ COMPLDATE Ot-Dec-1999 01-Dec-1999 01-Dec-1999 Ol-Dec-1999 Ol-Dec-1999 01-Dec-1999 OJ-Dec-1999 Ol·Dec-1999 02-Dec-1999 02-Dec-1999 02-Dec-1999 02-Dec-1999 02-Dec-1999 02-Dec-1999 02-0ec-1999 03-Dec-1999 03-Dec-I 999 PAGE: 26 AMOUNT/ COST/ GAIN/LOSS 19,355.54 0.00 0.00 8,570,207.09 -8,570,207.09 0.00 8,570,207.09 0.00 0.00 900,000.00 -900,000.00 0.00 137.50 0.00 0.00 900,137.50 0.00 0.00 4,179,745.59 -4, 179, 745.59 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT ~ PAGE: 27 PORTFOLIO DETAIL OCSGOOOJOOOO 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO -4, 179,745.59 DREYFUS TREASURY CASH MGMT 03-Dec-I 999 4, 179, 745.59 996085247 03-Dec-t 999 0.00 FC 03-Dec-1999 0.00 LIQUID OPER-PIMCO -900,000.00 LEHMAN BROTHERS REPO 03-Dec-1999 900,000.00 993641639 05.580% 12/03/l999DD 12/02/ 03-Dec-1999 -900,000.00 s LEHMAN BROS INC, NJ 0.00 LIQUID OPER-PIMCO -900,000.00 LEHMAN BROTHERS REPO 03-Dec-1999 139,50 993641639 05.580% 12/03/1999 DD 12/02/ 03-Dec-1999 0.00 IS 0.00 LIQUID OPER-PIMCO -900,000.00 LEHMAN BROTHERS REPO 03-Dec-1999 900,139.50 993641639 05.580% 12/03/1999 DD 12/02/ 03-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 03-Dec-1999 0.00 LIQU1D OPER-PIMCO -900,000.00 LEHMAN BROTHERS REPO 06-Dec-1999 900,000.00 99364L014 05.450% 12/06/1999 DD 12/03/ 06-Dec-1999 -900,000.00 s LEHMAN GOVT SECS INC, NY 0.00 LIQUID OPER-PIMCO -900,000.00 LEHMAN BROTHERS REPO 06-Dec-1999 408.75 99364L014 05.450% 12/06/1999 DD 12/03/ 06-Dec-1999 0.00 IS 0.00 LIQUID OPER..-PIMCO -900,000.00 LEHMAN BROTHERS REPO 06-Dec-1999 900,408.75 99364L014 05.450% 12/06/1999 DD 12/03/ 06-Dec-1999 0.00 FC LEHMAN GOVT SECS INC, NY 06-Dec-1999 0.00 J J-Jan-2000 8:39:06 .Executive Workbench @ II ORANGE COUNTY SANITATION DISTRICT PAGE: 28 PORTFOLIO DETAIL OCSGOOO 10000 Ol-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTlON DESCRIPTlON/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO -32,254.30 DREYFUS TREASURY CASH MGMT 07-Dec-1999 32,254.30 996085247 07-Dec-1999 -32,254.30 s 0.00 LONG TERM OPER-PIMCO -32,254.30 DREYFUS TREASURY CASH MGMT 07-Dec-1999 32,254.30 996085247 07-Dec-1999 0.00 FC 07-Dec-1999 0.00 LIQUID OPER-PlMCO -400,000.00 LEHMAN BROTHERS REPO 07-Dec-1999 400,000.00 99364L758 05.480% 12/07/1999 DD 12/06/ 07-Dec-1999 -400,000.00 s LEHMAN BROS JNC, NJ 0.00 LIQUID OPER-PIMCO -400,000.00 LEHMAN BROTHERS REPO 07-Dec-1999 60.89 99364L758 05.480% 12/07/1999 DD 12/06/ 07-Dec-1999 0.00 IS 0.00 LIQUID OPER-PIMCO -400,000.00 LEHMAN BROTHERS REPO 07-Dec-1999 400,060.89 99364L758 05.480% 12/07/1999 DD 12/06/ 07-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 07-De<:-1999 0.00 LIQUID OPER-PIMCO -900,000.00 NATIONAL RURAL DISC 07-Dec-1999 893,640.00 63743DZ87 12/08/1999 07-Dec-1999 -893 ,640.00 s CHASE SECURITIES, NEW YORK 0.00 LIQUID OPER-PIMCO -900,000.00 NATIONAL RURAL DISC 07-Dec-19'99 6,223.00 637430287 12/08/1999 07 -Dec-1999 0.00 IS 0.00 / J-Jan-2000 8:39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 29 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRJPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PIMCO -900,000.00 NATIONAL RURAL DISC 07-Dec-1999 899,863.00 63743DZ87 12/08/1999 07-Dec-1999 0.00 FC CHASE SECURITIES, NEW YORK 07-Dec-1999 0.00 LIQUID OPER-PIMCO -51,249.79 DREYFUS TREASURY CASH MGMT 08-Dec-1999 51,249.79 996085247 08-0ec-1999 -51,249.79 s 0.00 LIQUID OPER-PIMCO -51,249.79 DREYFUS TREASURY CASH MGMT 08-Dec-1999 51,249.79 996085247 08-Dec-1999 0.00 FC 08-Dec-1999 0.00 LONG TERM OPER-PIMCO -54,029.17 DREYFUS TREASURY CASH MGMT 08-Dec-l 999 54,029.17 996085247 08-Dec-1999 -54,029.17 s 0.00 LONG TERM OPER-PIMCO -54,029.17 DREYFUS TREASURY CASH MGMT 08-Dec-1999 54,029.17 996085247 08-Dec-1999 0.00 fC 08-Dec-1999 0.00 LIQUID OPER-PIMCO -400,000.00 LEHMAN BROTHERS REPO 08-Dec-1999 400,000.00 99364M426 05.440% 12/08/1999 DD 12!07/ 08-Dec-1999 -400,000.00 s LEHMAN BROS rNC, NJ 0.00 LIQUID OPER-PfMCO -400,000.00' LEHMAN BROTHERS REPO 08-Dec-1999 60.44 99364M426 05.440% 12/08/1999 DD 12/07/ 08-0ec-l 999 0.00 rs 0.00 I 1.Jon-2000 8: 39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 30 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999-31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LrQUID OPER·PIMCO -400,000.00 LEHMAN BROTHERS REPO 08-Dec-1999 400,060.44 99364M426 05.440% 12/08/1999 DD 12/07/ 08-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 08-Dec-1999 0.00 LIQUID OPER-PIMCO -300,000.00 LEHMAN BROTHERS REPO 09-Dec-1999 300,000.00 99364N648 05.350% 12/09/1999 DD 12/08/ 09-Dec-1999 -300,000.00 s LEH.MAN BROS INC, NJ 0.00 LIQUID OPER-PlMCO -300,000.00 LEHMAN BROTHERS REPO 09-Dec-1999 44.58 99364N648 05.350% 12/09/1999 DD 12/08/ 09-Dec-1999 0.00 1S 0.00 LIQUID OPBR-PIMCO -300,000.00 LEHMAN BROTHERS REPO 09-Dec-1999 300,044.58 99364N648 05.350% 12/09/1999 DD 12/08/ 09-0ec-1999 0.00 FC LEHMAN BROS INC, NJ 09-Dec-1999 0.00 LIQUID OPER-PIMCO -300,000.00 LEHMAN BROTHERS REPO 10-Dec· 1999 300,000.00 99364P569 05.5 10% 12/10/1999DD 12/09/ IO·Dec-1999 -300,000.00 s LEHMAN BROS INC, NJ 0.00 LIQUID OPER-PIMCO -300,000.00 LEHMAN BROTHERS REPO 10-Dec-1999 45.92 99364P569 05.510% 12/10/1999 DD 12/09/ I 0-Dec-1999 0.00 rs 0.00 LIQUID OPER-PIMCO -300,000.00 LEHMAN BROTHERS REPO 10-Dec-1999 300,045.92 99364P569 05.510% 12/10/1999 DD 12/09/ I O-Dec-1999 0.00 FC LEHMAN BROS INC, NJ I O-Dec-1999 0.00 I l-Jan-2000 8:39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 31 PORTFOLIO DETAIL OCSGOOO I 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOl!DATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO -98,778.25 DREYFUS TREASURY CASH MGMT 13-Dec-1999 98,778.25 996085247 13-Dec-1999 -98,778.25 s 0.00 LONG TERM OPER-PIMCO ·98,778.25 DREYFUS TREASURY CASH MGMT 13-Dec-1999 98,778.25 996085247 13-Dec-1999 0.00 FC I 3-Dec-1999 0.00 LIQUID OPER-PIMCO -300,000.00 LEHMANBROTHERSREPO 14-Dec-1999 300,000.00 99364R391 05.550% 12/14/1999 DD 12/13/ I 4-Deo-1999 -300,000.00 s LEI-IMAN BROS INC, NJ 0.00 LIQUID OPER-PIMCO -300,000.00 LEHMAN BROTHERS REPO 14-Dec-1999 46.25 99364R391 05.550% 12/14/1999 DD 12/13/ 14-Dec-1999 0.00 IS 0.00 LIQUID OPER-PIMCO -300,000.00 LEHMAN BROIBERS REPO l 4-Dec-1999 300,046.25 99364R391 05.550% 12/14/1999 DD 12/13/ 14-Dec-1999 0.00 FC LEHMAN BROS rNC, NJ I 4-Dec-1999 0.00 LIQUID OPER-PIMCO -62,270.20 DREYFUS TREASURY CASH MGMT 15-Dec-1999 62,270.20 996085247 15-Dec-1999 -62,270.20 s 0.00 LIQUID OPER-PTMCO -62,270.20 DREYFUS TREASURY CASH MGMT 15-Dec-1999 62,270.20 996085247 15-Deo-1999 o.oo FC 15-Dec-1999 0.00 J J-Jan-2000 8:39:06 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE -300,000.00 99364S399 s -300,000.00 993648399 IS -300,000.00 99364S399 FC -1,042,153.90 996085247 s -1,042,153.90 996085247 FC -I 0,000,000.00 99364Vl94 s -W;000,000.00 99364Vl94 rs JJ-Jati-2000 8: 39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.430% 12/15/1999 DD 12/14/ LEHMAN BROS INC, NJ LIQUID OPER-PIMCO LEHMAN BROTHERS REPO 05.430% 12/15/1999 DD 12/14/ LIQUID OPER-PIMCO LEHMANBROTHERSREPO 05.430% 12/15/1999 DD 12/14/ LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO GOLDMAN SACHS LP REPO 05.260% 12/20/1999 DD 12/17/ GOLDMAN SACHS & CO, NY LONG TERM OPER-PIMCO GOLDMAN SACHS LP REPO 05.260% 12/2011999 DD 12/17/ TRADE DATE/ SETTLDATE/ COMPLDATE 15-Dec-1999 l 5-Dec-1999 I 5-Dec-1999 I 5-Dec-1999 15-Dec-1999 I 5-Dec-1999 I 5-Dec-1999 l 7-Dec-1999 17-Dec-1999 l 7-Dec-1999 17-Dec-1999 17-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 2o~Dec-I 999 PAGE: 32 AMOUNT/ COST/ GAIN/LOSS 300,000.00 -300,000.00 0.00 45.25 0.00 0.00 300,045.25 0.00 0.00 1,042,153.90 -1 ,042, 153.90 0.00 l,042,153.90 Q.00 0.00 I 0,000,000.00 -l0,000,000.00 0.00 4,383.33 0.00 0.00 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLJDATED SHAlIBSIP AR SECURITY ID TRANSCODE -10,000,000.00 99364Vl94 FC -98,500.85 996085247 s -98,500.85 996085247 PC -10,000,000.00 99364W259 s -10,000,000.00 99364W259 IS -I 0,000,000.00 99364W259 FC -97,348.49 996085247 s 1 l-Jan-2000 8: 39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO GOLDMAN SACHS LP REPO 05.260% 12/20/1999 DD 12/17! GOLDMAN SACHS & CO, NY LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.400% 12/2111999 DD 12/20/ LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO LEHMAN BROIBERS REPO 05.400% 12/21/1999 DD 12/20/ LONG TERM OPER-PIMCO LEHMANBROTHERSREPO 05.400% 12/21/1999 DD 12/20! LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTLDATE/ COMPLDATE 20-Dec-1999 20-Dec-1999 20-Dec-1999 21-Dec-1999 21-Dec-1999 21-Dec-1999 21-Dec-1999 21-Dec-1999 21-Dec-1999 21-Dec-1999 21-Dec-1999 21-Dec-1999 21-Dec-1999 21-Dec-1999 21-Dec-1999 22-Dec-1999 22-Dec-1999 PAGE: 33 AMOUNT/ COST/ GAIN/LOSS I 0,004,383.33 0.00 0.00 98,500.85 -98,500.85 0.00 98,500.85 0.00 0.00 10,000,000.00 -10,000,000.00 0.00 1,500.00 0.00 0.00 10,001,500.00 0.00 0.00 97,348.49 -97,348.49 0.00 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLJDATED SHARES/PAR SECURITY ID TRANS CODE -97,348.49 996085247 FC -10, 100,000.00 99364W994 s -10,100,000.00 99364W994 IS -10,100,000.00 99364W994 FC -79,514.60 996085247 s -79,514.60 996085247 FC -12,200,000.00 99364Yl 15 s JJ-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DtSCRIPTION/ BROKER LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PlMCO LEHMAN BROTHERS REPO 05.490% 12/22/1999 DD 12121/ LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.490% 12/22/1999 DD 12/21/ LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.490% 12/22/1999 DD 12/21/ LEHMAN BROS INC, NJ LONG TERM OPER-PTMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMT LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.400% 12/23/1999 DD 12/22/ LEHMAN BROS INC, NJ TRADE DATE/ SETTLDATE/ COMPL DATE 22-Dec-1999 22-Dec-1999 22-Dec-1999 22-Dec-l 999 22-Dec-I 999 22-Dec· I 999 22-Dec-1999 22-Dec-1999 22-Dec-1999 22-Dec-1999 23-Dec-1999 23-Dec-1999 23-Dec-1999 23-Dec-1999 23-Dec-1999 23-Dec-1 999 23-Dec-1999 PAGE: 34 AMOUNT/ COST/ GAIN/LOSS 97,348.49 0.00 0.00 10, 100,000.00 -to, 100,000.00 0.00 1,540.25 0.00 0.00 10, 101,540.25 0.00 0.00 79,514.60 -79,514.60 0.00 79,5 14.60 0.00 0.00 12,200,000.00 -12,200,000.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 35 PORTFOLIO DETAIL OCSGOOOJ 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER·PIMCO -12,200,000.00 LEHMAN BROTHERS REPO 23-Dec-1999 l,830.00 99364Y1 15 05.400% 12/23/1999 DD 12122/ 23-Dec-1999 0.00 IS 0.00 LONG TERM OPER-PIMCO -12,200,000.00 LEHMAN BROTHERS REPO 23-Deti-1999 12,201,830.00 99364YI 15 05.400% 12123/1999 DD 12/22/ 23-Dec-1999 0.00 FC LEHMAN BROS INC, NJ 23-Dec-1999 0.00 LIQUID OPER-PIMCO -1,298,510.67 DREYFUS TREASURY CASH MGMT 27-Dec-1999 1,298,5 l 0.67 996085247 27-Dec-1999 -1,298,510.67 8 0.00 LIQUID OPER-PIMCO -1,298,510.67 DREYFUS TREASURY CASH MGMT 27-Dec-1999 1,298,510.67 996085247 27-Dec-1999 0.00 FC 27-Dec-1999 0.00 LONG TERM OPER-PIMCO -12,200,000.00 LEHMAN BROTHERS RBPO 27-Dec-1999 12,200,000.00 99364Zl53 05.300% 12/27/1999 DD 12123/ 27-Dec-1999 -12,200,000.00 s LEHMAN BROS lNC, NJ 0.00 LONG TERM OPER-PIMCO -12,200,000.00 LEHMAN BROTIIERS REPO 27-Dec-1999 7,184.44 99364Zl53 05.300% 12127/1999 DD 12/23/ 27-Dec-1999 0.00 IS 0.00 LONG TERM OPER-PIMCO -12,200,000.00 LEHMANBROTHERSREPO 27-Dec-1999 12,207,184.44 993642153 05.300% 12/27/1999 DD 12/23/ 27-Dec-1999 0.00 PC LEHMAN BROS INC. NJ 27-Dec-1999 0.00 J J.Jan-2000 8:39:06 "Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE -) 2,300,000.00 99365A025 s -12,300,000.00 99365A025 rs -12,300,000.00 99365A025 FC -12,300,000.00 99365B007 s -12,300,000.00 993658007 IS -I 2,300,000.00 993658007 FC -686.96 996085247 s JJ-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTJON DESCRIPTION/ BROKER LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.250% 12/28/1999 DD 12/27/ LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.250% 12/28/1999 DD 12/27/ LONG TERM OPER-PIMCO LEHMAN BROTHERS REPO 05.250% 12/28/1999 DD 12/27/ LEHMAN BROS INC, NJ LONG TERM OPER-PIMCO LEHMANBROTH_ERSREPO 05.150% 12/29/1999 DD 12/28/ LEHMAN BROS INC, NJ LONG TERM OPER·PIMCO LEHMAN BROTHERS REPO 05.150% 12/29/1999 DD 12/28/ LONG TERM OPER-PJMCO LEHMAN BROTHERS REPO 05.150% 12129/1999 DD 12128/ LEHMAN BROS INC, NJ LIQUID OPER-PTMCO DREYFUS TREASURY CASH MGMT TRADE DATE/ SETTLDATE/ COMPLDATE 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 28-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 31-Dec-1999 31-Dec-1999 PAGE: 36 AMOUNT/ COST/ GAIN/LOSS 12,300,000.00 -12,300,000.00 0.00 1.793.75 0.00 0.00 12.301,793.75 0.00 0.00 12,300,000.00 -12,300,000.00 0.00 l,759.58 0.00 0.00 12,301,759.58 0.00 0.00 686.96 -686.96 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 37 PORTFOLIO DETAIL OCSGOOO 10000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PIMCO -686.96 DREYFUS TREASURY CASH MGMT 31-Dec-1999 686.96 996085247 3 l-Dec-1999 0.00 FC 3 l-Dec-1999 0.00 FIXED INCOME SECURITIES LONG TERM OPER-PIMCO -6,250,000.00 COMMIT TO PUR GNMA SF MTG 02-Dec-1999 5,752,929.69 01N0606C5 6.000% 12/15/2028 20-Dec-1999 -5,818,359.38 s GOLDMAN SACHS & CO, NY -65,429.69 LONG TERM OPER-PIMCO -6,250,000.00 COMMIT TO PUR GNMA SF MTG 02-Dec-1999 5,752,929.69 01N0606C5 6.000% 12/15/2028 20-Dec-1999 0.00 FC GOLDMAN SACHS & CO, NY 20-Dec-1999 0.00 LONG TERM OPER-PIMCO -5,000,000.00 LEHMAN BROS HLDGS MTN #00196 02-Dec-1999 5,009,400.00 52517PJD4 6.650% 11108/2000 DD 11108/9 07-Dec-1999 -5,039,450.00 s LEHMAN GOVT SECS INC, NY -30,050.00 LONG TERM OPER-PIMCO -5,000,000.00 LEHMAN BROS HLDGS MTN #00196 02-Dec-1999 103,444.45 525J7PJD4 6.650% 11/08/2000 DD 11/08/9 07-Dec-1999 0.00 IS 0.00 LONG TERM OPER-PIMCO -5,000,000.00 LEHMAN BROS HLDGS MTN #00196 02-Dec-1999 5, 112,844.45 52517PJD4 6.650% 11/08/2000 DD 11/08/9 07-Dec-1999 0.00 FC LEHMAN GOVT SECS INC, NY 07-Dec-1999 0.00 LONG TERM OPER-PIMCO -730,000.00 COMMIT TO PUR FNMA 11 TH DIST I 3-Dec-1999 7l6,512.ll I 1FOl 16C6 VAR RT 12/25/2028 22-Dec-1999 -715,400.00 s GOLDMAN SACHS & CO, NY l,l 12.11 ll-Jan-2000 8·39:06 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE -730,000.00 llF0116C6 FC PRINCIPAL PAYMENTS FIXED INCOME SECURITIES 53,279.00 3133TCE95 PDC -547.27 302998GE3 FC -53,298.00 Jl33TCE95 PD -53,298.00 3l33TCE95 FC -130,523.45 3128DDQ55 PD l l-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO COMMIT TO PUR FNMA I ITH DIST VAR RT 12/25/2028 GOLDMAN SACHS & CO, NY LONG TERM OPER-PIMCO FHLMC MULTICLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PTMCO WMPIHUNTOON PAIGE #000-11150 7.500% 12/01/2030DD10/21/9 LONG TERM OPER-PIMCO FHLMC MUL TICLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PIMCO FHLMC MULTICLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PIMCO FHLMC GROUP #GS-0476 7.000% 02/0112003 OD 02/0l/ TRADE DATE/ SETTLDATE/ COMPLDATE 13-Dec-1999 22-Dec-1 999 22-Dec-1999 Ol-Nov-1999 Ol-Nov-1999 Ol-Nov-1999 01-Nov-1999 02-Dec-1999 01-Nov-1999 Ol-Nov-1999 01-Nov-1999 01-Nov-1999 15-Dec-1999 01-Dec-1 999 Ol-Dec-1999 PAGE.' 38 AMOUNT/ COST/ GAIN/LOSS 716,512.11 0.00 0.00 -53,279.00 SJ,337.27 58.27 547.27 0.00 0.00 S3,298.00 -53,356.29 -58.29 53,298.00 0.00 0.00 130,523.45 -132,562.88 ·2,039.43 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 39 PORTFOLIO DETAIL OCSGOOO I 0000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY JD TRANSACTION l>ESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO -1 30,523.45 FHLMC GROUP #G5-0476 0 l-Dec-1999 130,523.45 3128DDQ55 7.000% 02/01/2003 DD 02/01/ Ol-Dec-1999 0.00 FC l 5-Dec-1999 0.00 LONG TERM OPER-PIMCO -44,205.15 FHLMC MUL TICL MTG P/C 1574 E 0 l-Dec-1999 44,205.15 3l33T02D5 5.900% 06/15/2017 0 l-Dec-1 999 -44,142.99 PD 62.1 6 LONG TERM OPER-PIMCO -44,205.JS FHLMC MUL TICL MTG P/C 1574 E Ol-Dec-1999 44,205.15 3133T02D5 5.900% 06/15/2017 01-Dec-1999 0.00 FC 15-Dec-1999 0.00 LONG TERM OPER-PIMCO -2,414.24 fNMA POOL #0252703 Ol-Dec-1999 2,414.24 3137JHU48 6.500% 09/0112006 DD 08/0 l/ 0 l -Dec-1999 -2,364.07 PD 50.17 LONG TERM OPER-PIMCO -2,414.24 FNMA POOL #0252703 0 t-Dec-1999 2,414.24 31371HU48 6.500% 09/01/2006 DD 08/01/ 01-Dec-1999 0.00 PC 27-Dec-1999 0.00 LONG TERM OPER-PIMCO -48,628.28 GNMA 11 POOL #080088M 0 l-Dec-1999 48,628.28 36225CC20 6.375% 06/20/2027 DD 06/01/ 01-Dec-1999 -49,692.02 PD -1,063.74 LONG TERM OPER-PIMCO -48,628.28 GNMA II POOL #080088M Ol-Dec-1999 48,628.28 36225CC20 6.375% 06/20/2027 DD 06/011 01-Dec-1 999 0.00 FC 20-Dec-1999 0.00 1 l-Jan-2000 8:39:06 Executive Workbench OCSGOOO I 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANS CODE -40,663.00 36225CAZ9 PD -40,663.00 36225CAZ9 FC -57,800.50 3133TCE95 PD -551.09 302998GE3 PD -55 1.09 302998GE3 PC -9,45L95 31677EAA4 PD -9,451.95 3J677EAA4 PC I l-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRIC'f PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO GNMA II POOL #0080023 6.125% 12/20/2026 DD 12/01/ LONG TERM OPER-PIMCO GNMA II POOL #0080023 6.125% 12120/2026 DD 12/0 I/ LONG TERM OPER-PIMCO FHLMC MULTI CLASS CTF E3 A 6.324% 08/15/2032 LONG TERM OPER-PIMCO WMP/HUNTOON PAIGE #OOO·ll 150 7.500% 12/01/2030 DD 10/21/9 LONG TERM OPER-PIMCO WMP/HUNTOON PAIGE #000-11150 7.500% 12/0112030DD10/21/9 LONG TERM OPER-PIMCO FIFTH THIRD BK AUTO TR 96A C 6.200% 09/01/2001DD 03/15/9 LONG TERM OPER-PIMCO FIFTH THIRD BK AUTO TR 96A C 6.200% 09/0 1/2001DD 0311519 TRADE DATE/ SETTL DATE/ COMPL DATE 01-Dec-1999 01-Dec-1999 0 l-Dec-l 999 01-Dec-1999 20-Dec-1999 Ol-Dec-1999 01-Dec-1999 Ol-Dec-1999 Ol·Dec-1999 01-Dec-1999 Ol-Dec-1999 3 l-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 PAGE: 40 AMOUNT/ COST/ GAlN/LOSS 40,663.00 -41 ,336.48 -673.48 40,663.00 0.00 0.00 57,800.50 -57,863.72 -63.22 551.09 -539.12 J 1.97 551.09 0.00 0.00 9,451.95 -9,451.95 0.00 9,451.95 0.00 0.00 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURJTYID TRANSCODE MATURITIES -19,364.94 3935052Y7 PD -19,364.94 3935052Y7 FC CASH & CASH EQUIVALENTS -500,000.00 42307.KZl8 MT -6,400,000.00 022258237 MT -903,000.00 6541D3Z66 MT -7,200,000.00 313396QE6 MT J J-Jan-2000 8:39·06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999-31-DEC-1999 TRANSACTION DESCRlPTION/ BROKER LONG TERM OPER-PIMCO GREEN TREE CORP 99-D CL A-1 6.290% 10/15/2013 DD 08/26/9 LONG TERM OPER-PIMCO GREEN TREE CORP 99-D CL A-1 6.290% 10/15/2013 DD 08/26/9 LONG TERM OPER-PIMCO HEINZ HJ CO DISC 12/01/1999 LONG TERM OPER-PIMCO ALUMINUM CO AMER DISC 12/03/1 999 LIQUID OPER-PlMCO NIKE INC DISC 12/06/1999 LONG TERM OPER-PIMCO FEDERAL HOMS LN MTG CORP DIS MAT 12/07 /1999 TRADE DATE/ SETTLDATE/ COMPLDATE 15-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 Ol-Dec-1999 0 l-Dec-1999 0 l-Dec-1999 03-Dec-1999 03-Dec-1999 03-Dec-1999 06-Dec-1999 06-Dec-1999 06-Dec-1999 07-Dec-1999 07-Dec~l999 07-Dec-1999 PAGE: AMOUNT I COST/ GAIN/LOSS 19,364.94 -19,364.94 0.00 l9,364.94 0.00 0.00 497,360.00 -497,360.00 0.00 6,376,577. 78 -6,376,577.78 0.00 898,612.92 -898,612.92 0.00 7,165,614.00 -7,165,614.00 0.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 42 PORTFOLIO DETAIL OCSGOOOJ 0000 Ol-DEC-1999 -31-DEC-1999 OCSD-CONSOL!DATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO -5,400,000.00 NATIONAL RURAL DISC 08-Dec-1999 5,362,605.56 63743DZ87 12/08/1999 08-Dec-1999 -5,362,605.56 MT 08-Dec-1999 0.00 LONG TERM OPER-PIMCO -7, 700,000.00 PROCTER & GAMBLE DISC 10-Dec-1999 7,673,189.03 74271SZA6 121I0/1999 10-Dec-I 999 -7,673, 189.03 MT I O-Oec-1999 o.oo LIQUID OPER-PIMCO -2,500,000.00 FEDERAL HOME LN MTG CORP DIS 1 O-Dec-1999 2,486,396.11 3l3396QR9 MAT 12/10/1999 1 O-Dec-1999 -2,486,396.11 MT 1 O-Dec-1999 0.00 LIQUID O.PER-PIMCO -300,000.00 FEDERAL NATL MTG ASSN DISC 13-Dec-1999 299,865.00 313588QL2 MAT 12/13/1999 13-Dec-1999 -299,865.00 MT 13-Dec-1999 0.00 LONG TERM OPER-PIMCO -800,000.00 PROCTER & GAMBLE DISC t3-Dec--1999 796,790.00 74271SZDO 12/13/1999 13-Dec-1999 -796,790.00 MT t3-Dec-1999 0.00 LIQUID OPER-PIMCO -900,000.00 FEDERAL NATL MTG ASSN DISC 15-Dec-1999 894,519.00 313588QN8 MAT 12/15/1999 15-Dec-1999 -894,519.00 MT 15-Dec-1999 0.00 LIQUID OPER-PlMCO -9UU,UUO.OO GENERAL ELEC CAP DlSC 15-Deo-1999 896, 171.00 36959JZF3 12/15/1999 15-Dec-1999 -896, 171.00 MT 15-Dec-1999 0.00 JJ-Jan--2000 8: 39:06 F.xecutive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 43 PORTFOLIO DETAIL OCSGOOO 10000 01-DEC-1999-31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNTJ SECURITY ID TRANSACTION DESCRIPTION/ SETTL DATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PTMCO -800,000.00 FEDERAL NATL MTG ASSN DISC l 7-Dec-1999 793,99 1.11 313588QQI MAT 12/17/1999 17-Dec-1999 -793,99).l l MT 17-Dec-1999 0.00 LIQUID OPER-PIMCO -800,000.00 FEDERAL NATL MTG ASSN DlSCOU 20-Dec-1999 799,648.00 313588QT5 MAT 12/20/1997 20•Dec-1999 -799,648.00 MT 20-Dec-1999 o.oo LIQUID OPER-PIMCO -800,000.00 FEDERAL NATL MTG ASSN DISCOU 21-Dec-1999 799,882.22 313588QU2 MAT 12121/1999 2 l-Dec-1999 -799,882.22 MT 21-Dec-1999 0.00 LIQUID OPER-PIMCO -800,000.00 FEDERAL NATL MTG ASSN DISCOU 22-Dec-1999 799,880.89 313588QVO MAT 1212211999 22-Dec-1999 -799,880.89 MT 22-Dec-1999 0.00 LONG TERM OPER-PIMCO -2,000,000.00 FEDERAL HOME LN MTG CORP DIS 22-Dec-1999 1,996,289.50 313396QV8 MAT 12122/1999 22-Dec-1999 -1,996,289.50 MT 22-Dec-1999 0.00 LIQUID OPER-PIMCO -1,200,000.00 FEDERAL FARM CR BK CONS DISC 23-Dec-1999 l,198,560.00 313312QW3 MAT 12123/1999 23-Dec-1999 -1,198,560.00 MT 23-Dec-1999 0.00 LIQUID OPER-PIMCO -800,000.00 FEDERAL NATL MTG ASSN DISC 23-Dec-1999 799,880.44 313588QW8 MAT 12/23/1999 23-Dec-1999 -799,880.44 MT 23-Dec-1999 0.00 I /..Jan-2000 8:39:06 &acwive Workbanch OCSGOOO I 0000 OCSD-CONSOLIDATED SHARES/PAR SECURJTY ID TRANSCODE -250,000.00 313312RAO MT -2,500,000.00 313396RA3 MT -2,800,000.00 313396RBI MT -1,250,000.00 313312RC6 MT -2,800,000.00 313396RC9 MT FIXED INCOME SECURITIES INTEREST -850,000.00 718154BX4 MT J l-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO FEDERAL FARM CR BK CONS SYSt MAT 12/27/1999 LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/27/1999 LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/28/1999 LIQUID OPER-PIMCO FEDERAL FARM CR BK CONS SYST MAT 12/29/1999 LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/19/1999 LIQUID OPER-PIMCO PHILLIP MORRIS CO INC NTS 7.125% I2/0l/l999DD 1210119 TRADE DATE/ SETILDATE/ COMPLDATE 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1 999 27-Dec-1999 27-Dec-1 999 28-Deo-1999 28-Dec-1999 28-Dec-t 999 29-Dec-1999 29· Dec-1999 29-Dec-1999 29· Dec-1999 29-Dec-1999 29-Deo-1999 01-Dec-1999 Ol-Dec-1999 0 l-Dec-1999 PAGE: 44 AMOUNT/ COST/ GAIN/LOSS 249,851.39 -249,851.39 0.00 2,493,613.19 -2,493,613.19 0.00 2,799,594.00 -2, 799,594.00 0.00 1,248,916.67 -1,248,916.67 0.00 2, 799,595.56 -2, 799,595.56 0.00 850,000.00 -863, 753.00 -13,753.00 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT . PAGE: 45 PORTFOLIO DETAIL OCSGOOO 10000 01-DEC-1999 -31-DEC-1999 OCSD-CONSOL!DATED SllARES/P AR TRADE DATE/ AMOUNT/ SECURITY ID TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LIQUID OPER-PIMCO 850,000.00 PHILLIP MORRIS CO INC NTS Ol-Deo-1999 30,281.25 718154BX4 7.125% 12/01/1999 DD 12/01/9 Ol-Dec-1999 0.00 IT Ol-Dec-1999 0.00 LONG TERM OPER-PIMCO 0.00 BSDT-LATE MONEY DEP ACCT 0 l-De<:>-1999 0.54 996087094 VAR RT DD 06/26/1997 Ol-Dec-1999 0.00 lT Ol-Dec-1999 o.oo LONG TERM OPER-PIMCO 10,500,000.00 FEDERAL HOME LN MTG CORP DEB Ol-Dec•1999 330,750.00 3134A3TCO 6.300% 06/01/2004 DD 06/01/9 01-Dec-1 999 0.00 IT Ol-Deo-1999 0.00 LIQUID OPER-PIMCO 0.00 DREYFUS TREASURY CASH MGMT Ol-Dec-1999 363.21 996085247 01-0ec-1999 0.00 lT 0 l -Dec-1999 0.00 LONG TERM OPER-PIMCO 0.00 DREYFUS TREASURY CASlf MGMT 01-Dec-1999 3,359.36 996085247 0 l -Dec-1999 0.00 IT Ot-Dec-1999 0.00 LONG TERM OPER-PIMCO 500,000.00 HEINZ HJ CO DISC Ol-Dec-1999 2,640.00 42307KZ18 12/01/1999 Ol-Dec-1999 0.00 IT 0 J -Dec-I 999 0.00 LONG TERM OPER-PIMCO 547.27 WMP/HUNTOON PAIGE #000-1 1150 02-Dec-1999 6,1 15.81 302998GE3 7.500% 12/01/2030 DD 10/2119 0I-Nov-1999 0.00 IT 02-Dec-1999 0.00 Jl..Jan-2000 8:39:06 Executive Workbench @ ORANGE COUNTY SANITATION DISTRICT PAGE: 46 PORTFOLIO DETAIL OCSGOOOJOOOO 01-DEC-1999 -31-DEC-1999 OCSD-CONSOLIDATED SHARES/PAR TRADE DATE/ AMOUNT/ SECURITY IP TRANSACTION DESCRIPTION/ SETTLDATE/ COST/ TRANSCODE BROKER COMPLDATE GAIN/LOSS LONG TERM OPER-PIMCO 6,400,000.00 ALUMINUM CO AMER DISC 03-Dec-J 999 23,422.22 0222-5BZ37 12/03/1999 03-Dec-1999 0.00 IT 03-Dec-1999 0.00 LIQUID OPER-PlMCO 903,000.00 NIKE INC DISC 06-Dec-1999 4,387.08 654 103266 12/06/1999 06-Dec-1999 0.00 IT 06-Dec-1999 0.00 LONG TERM OPER-PIMCO 7,200,000.QO FEDERAL HOME LN MTG CORP DIS 07-Dec-1999 34,386.00 313396QE6 MAT 12/07/1999 07-Dec-1999 0.00 IT 07-Dec-1999 0.00 LONG TERM OPER-PIMCO 5,400,000.00 NATfONAL RURAL DISC 08-Dec-1999 37,394.44 63743DZ87 12/08/1999 08-Dec-1999 0.00 IT 08-Dec-l 999 0.00 LONG TERM OPER-PIMCO 7, 700,000.00 PROCTER & GAMBLE DISC 1 O-Dec-1999 26,810.97 74271SZA6 12/10/1999 l O-Dec-1999 0.00 IT 10-Dec-1999 0.00 LIQUID OPER-PIMCO 2,500,000.00 FEDERAL HOME LN MTG CORP DIS 10-Dec-1999 13,603.89 313396QH9 MAT 12/10/1999 lO-Dec-1999 0.00 IT IO-Dec-1999 0.00 LIQUID OPER-PIMCO 300,000.00 FEDERAL NA1L MTG ASSN DISC 13-Dec-1999 135.00 313588QL2 MAT 12/13/1999 13-Dec-1999 0.00 IT 13-Dec-1999 0.00 1 J-Jan-2000 8:39:06 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE 800,000.00 74271SZDO IT 19.00 3133TCE95 IT 2,500,000.00 3133TK.KU3 IT 7,500,000.00 079867AX5 IT 475,000.00 046003EL9 IT 2,000,000.00 571748AB8 IT 14,750,000.00 31364GLD9 IT I /-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC·1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO PROCTER & GAMBLE DISC 12/13/1999 LONG TERM OPER-PIMCO FHLMC MULTICLASS CTF E3 A 6.324% 08/l 5/2032 LONG TERM OPER-PIMCO FfilMC MULTlCLASS CTF 2146 QT 6.000% 11/15/2011 LONG TERM OPER-PIMCO BELLSOUTH TELECOMMUNICATIONS 6.000% 06/15/2002 DD 06/15/9 LIQUID OPER-PIMCO ASSOCIATES CORP NORTH AMER 6.000% 06/15/2000 LONG TERM OPER-PIMCO MARSH & MCLENNAN COS INC SR 6.625% 06/1512004 DD 06/14/9 LONG TERM OPER-PIMCO FEDERAL NATL MTG ASSN MTN 5.710% 12/15/2008 DD 12/15/9 TRADE DATE/ SETTLDATE/ COMPLDATE 13-Dec-1999 13-Dec-1999 I 3-Dec-1999 14-Dec-1999 01-Nov-1999 l 4-Dec-1999 15-Dec-1999 01-Dec-.1999 l 5-Dec-1999 15-Dec-1999 15-Dec-1999 l 5-Dec-1999 l 5-Dec-1999 l 5-Dec-1999 I 5-Dec-1999 l 5-Dec-1999 15-Dec-l 999 l 5-Dec-1999 15-Dec-1999 15-Dec-1999 l 5-Dec-1999 PAGE: ' 47 AMOUNT/ COST/ GAIN/LOSS 3,210.00 0.00 0.00 19.00 0.00 0.00 12,500.00 0.00 0.00 225,000.00 0.00 0.00 14,250.00 0.00 0.00 66,618.05 0.00 0.00 421,112.50 0.00 0.00 fuecutive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE 3,500,000.00 17120QE80 IT 130,523.45 3128DDQ55 IT 900,000.00 313588QN8 IT 900,000.00 36959JZF3 IT 44,205.15 3133T02D5 rr 53,298.00 3l33TCE95 IT 9,451.95 31677EAA4 IT JJ-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL Ol-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PlMCO CHRYSLER FINL LLC MTN #TR006 FL TG RT 08/08/2002 DD 04/08/ LONG TERM OPER-PIMCO FHLMC GROUP #G5·0476 7.000% 02/01/2003 DD 02/01/ LIQUID OPER-PlMCO FEDERAL NATL MTG ASSN DISC MAT 12/15/1999 LIQUID OPER-PIMCO GENERAL BLEC CAP DISC 12/15/1999 LONG TERM OPER-PIMCO FHLMC MULTICL MTG P/C 1574 E 5.900% 06/15/2017 LONG TERM OPER-PlMCO FHLMC MULTICLASS CTP EJ A 6.324% 08/15/2032 LONG TERM OPER-PIMCO FIFTH THIRD BK AUTO TR 96A C 6.200% 09/01/2001DD03/15/9 TRADE DATE/ SETTLDATE/ COMPLDA.TE IS-Dec-1999 15-Dec-1999 15-Dec-J 999 15-Dec-1999 Ol-Dec-1999 15-Dec-1999 15-Dec-1999 l 5-Dec-1999 15-Dec.-1999 15-Dec-1999 15-Dec-1999 15-Dec-1999 l 5-0ec-1999 Ol-Oec-1999 l 5-Dec-1999 15-Dec-1999 OJ-Nov-1999 15-Dec-1999 15-Dt:c-1999 15-Dec-l 999 l 5-Dec-1999 PAGE: 48 AMOUNT/ COST/ GAIN/LOSS 15,241.03 0.00 0.00 53,284.15 0.00 0.00 5,481.00 0.00 0.00 3,829.00 0.00 0.00 3,053.17 0.00 0.00 16,334.53 0.00 0.00 406.U 0.00 0.00 Executive Workbench OCSGOOO I 0000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE 19,364.94 3935052Y7 IT 2,500,000.00 22237UAB8 IT 11,814.33 3133T17A4 IT 3,000,000.00 37042WVR9 IT 800,000.00 313588QQl IT 1,000,000.00 3134A3RT5 IT 800,000.00 313588QT5 IT I J-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL Ol-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO GREEN TR.EE CORP 99-D CL A-1 6.290% 10/15/2013 DD 08/26/9 LONG TERM OPER-PIMCO COUNTRYWIDE HOME LNS INC NT 6.850% 06/15/2004 DD 06/24/9 LONG TERM OPER-PIMCO PHLMC MULTICLASS CTF SER 162 6.000% 11/15/2023 DD 11/0119 LONG TERM OPER-PIMCO GENERAL MTRS ACCEP MTN FLTG RT 12/17/2001DD12/15/ LIQUID OPER-PIMCO FEDERAL NA TL MTG ASSN DISC MAT 12/17/1999 LIQUID OPER-PJMCO FEDERAL HOME LN MTG CORP DEB FLTG RT 05/18/2000 DD 05/18/ LIQUID OPER-PIMCO FEDERAL NATL MTG ASSN PISCOU MAT 12/20/1997 TRADE DAIEI SETTLDATE/ COMPLDATE 15-Dec-J 999 I 5-Dec-1999 l 5-Dec-1999 15-Dec-1999 15-Dec-1999 I 5-Dec-1999 16-Dec-1999 01-Dec-1999 I 6-Dec-1999 17-Dec-1999 I 7-Dec-1999 17-Dec-1999 17-Dec-1999 I 7-Dec-1999 17-Dec-1999 20-Dec-1999 18-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 20-Dec-1999 ' PAGE: 49 AMOUNT/ COST/ GAIN/LOSS 2,441.39 0.00 0.00 ~l,343.75 0.00 0.00 ll,814.33 0.00 0.00 44,690.10 0.00 0.00 6,008.89 0.00 0.00 4,397.92 0.00 0.00 352.00 0.00 0.00 Executive Workbench OCSGOOOJ 0000 OCSD-CONSOLIDA'I'ED SHARES/PAR SECURITY ID TRANSCODE 40.663.00 36225CAZ9 IT 48,628.28 36225CC20 IT 800,000.00 313588QU2 IT 800,000.00 313588QVO IT 2,000,000.00 313396QV8 IT 1,200,000.00 313312QW3 IT 800,000.00 3l3588QW8 IT 11-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO GNMA H POOL #0080023 6.125% 12/20/2026DD 12/0l/ LONG TERM OPER-PIMCO GNMA II POOL #080088M 6.375% 06/20/2027 DD 06/01/ LIQUID OPER-PlMCO FEDERAL NATL MTG ASSN DISCOU MAT 1212111999 LIQUID OPER-PIMCO FEDERAL NATL MTG ASSN DISCOU MAT 12/22/1999 LONG TERM OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/22/1999 LIQUID OPER-PIMCO FEDERAL FARM CR BK CONS DISC MAT 12/23/1999 LIQUID OPER-PIMCO FEDERAL NATL MTG ASSN DISC MAT 12/23/I 999 TRADE DATE/ SETTLDATE/ COMPLDATE 20-Dec-1999 Ol-Dec-1999 20-Dec-1999 20-Dec-1999 Ol-Dec-1999 20-Dec-l 999 21-Dec-1999 21-Dec-1999 21-Dec-1999 22-Dec-1999 22-Dec-1999 22-Dec-1999 22-Dec-J 999 22-Dec-1999 22-Dec-1999 23-Dec-1999 23-Dec-I 999 23-Dec-1999 23-Dec-J 999 23-Dec-t 999 23-0ec-1999 PAGE: 50 AMOUNT/ COST/ GAIN/LOSS 8,236.33 0.00 0.00 11,370.98 0.00 0.00 117.78 0.00 0.00 119.11 0.00 0.00 3, 710.50 0.00 0.00 1,440.00 0.00 0.00 119.56 0.00 0.00 Executive Workbench OCSGOOO 10000 OCSD-CONSOL!DATED SHARES/PAR SECURITY ID TRANSCODE 4,000,000.00 44181KZA5 lT 250,000.00 3l3312RAO IT 2,500,000.00 3l3396RA3 IT 2,4 14.24 31371HU48 IT 2,000,000.00 3133TDPV2 IT 2,800,000.00 313396RB1 IT 2,000,000.00 423328BK8 IT I 1-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL 01-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LONG TERM OPER-PIMCO HOUSEHOLD FIN CO MTN FL TG RT 06/24/2003 DD 06/24/ LIQUID OPER-PIMCO FEDERAL FARM CR BK CONS SYST MAT {2/27/1999 LIQUrD OPER-PIMCO FEDERAL H.OME LN MTG CORP DJS MAT 12/27/1999 LONG TERM OPER-PIMCO FNMA POOL #0252703 6.500% 09/01/2006 DD 08/01/ LONG TERM OPER-PIMCO FHLMC MULTI CLASS CTF Tl I A6 6.500% 09125/2018 LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/28/1999 LONG TERM OPER-PIMCO HELLER ,FINANCIAL INC NTS FLTG RT 06/25/2001DD061251 TRADE DATE/ SETTLDATE/ COMPLDATE 24-Dec-1999 24-Dec-1999 24-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 27-Dec-1999 Ol-Dec-1999 27-Dec-1999 27-0ec-1999 25-Nov-1999 27-Dec-1999 28-Dec-1999 28-bec-1 999 28-Dec-1999 29-Dec-1999 25-Dec-1999 29-Dec-1999 PAGE: 31 AMOUNT/ COST/ GAlN/LOSS 58,391.68 0.00 0.00 148.61 0.00 0.00 6,386.81 0.00 0.00 5,367.66 0.00 0.00 L0,833.33 0.00 0.00 406.00 0.00 0.00 32,046.25 0.00 0.00 Execr;tive Workbench OCSGOOO 10000 OCSD-CONSOLIDATED SHARES/PAR SECURITY ID TRANSCODE 1,250,000.00 313312RC6 IT 2,800,000.00 313396RC9 IT 0.00 990000PJ4 cw 0.00 990000PJ4 CD SSl.09 302998GE3 IT 0.00 9128272M3 CD 0.00 9128273A8 CD 1 J-Jan-2000 8:39:06 ORANGE COUNTY SANITATION DISTRICT PORTFOLIO DETAIL Ol-DEC-1999 -31-DEC-1999 TRANSACTION DESCRIPTION/ BROKER LIQUID OPER-PIMCO FEDERAL FARM CR BK CONS SYST MAT 12/2911999 LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP DIS MAT 12/19/1999 LIQUID OPER-PIMCO SHORT TERM FDS INT ADJ NET OF OVERNIGHT INTEREST LONG TERM OPER-PrMCO SHORT TERM FDS INT ADJ NET OF OVERNIGHT INTEREST LONG TERM OPER-PIMCO WMP/HUNTOON PAIGE #000-11J50 7.500% 12/0112030 DD 10/2119 LONG TERM OPER-PIMCO US TREASURY INFLATION INDEX 3.375% 01 /15/2007 DD 01/15/ LONG TERM OPER-PIMCO US TREASURYINFLATIONINDEX 3.625% 07/15/2002 DD 07/15/ TRADE DATE/ SETTLDATE/ COMPLDATE 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 29-Dec-1999 3 l -Dec-1999 31-Dec-1999 3 l-Dec-1999 31-Dec-1999 31-Dec-1999 3 l-Dec-1999 3 l -Dec-1999 0 l-Dec-1999 31-Dec~ 1999 31-Dec-1999 31-Dec-1999 3 l-Dec-1999 31-Dec-1999 PAGE: 52 AMOUNT/ COST/ GAIN/LOSS 1,083.33 0.00 0.00 404.44 0.00 0.00 -686.96 0.00 0.00 24.52 0.00 0.00 6,112.39 0.00 0.00 20,000.00 0.00 0.00 13,860.00 0.00 0.00 Executive Workbench SUPPLEMENTAL AGENDA REGULAR MEETING OF THE FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE ORANGE COUNTY SANITATION DISTRICT WEDNESDAY, JANUARY 12, 2000 -5:00 P.M. ADMINISTRATIVE OFFICES 10844 Ellis Avenue Fountain Valley, California 92708 In accordance with the requirements of California Government Code Section 54954.2, this agenda has been posted in the main lobby of the Districts' 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. In the event any matter not listed on this agenda is proposed to be submitted to the Committee for discussion and/or action, it will be done in compliance with Section 54954.2(b) as an emergency item or that there is a need to take immediate action which need came to the attention of the Committee subsequent to the posting of the agenda, or as set fort/J on a supplemental agenda posted in the manner as above, not less than 72 hours prior to the meeting date. 15. OTHER BUSINESS AND COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IFANY: a. Authorize consideration of Item 15 (b) listed below which arose subsequent to the posting of the agenda and which requires action at this time pursuant to authority of Government Code Section 54954.2(b)(2). b. FAHR00-07: Approve Consultant Agreement with Ictus Consulting, LLC for development of a District-Wide Records Management Program, Specification No. 9900-06, for an amount not to exceed $208,230. (Penny Kyle -5 minutes) H:\wp.dta\agenda\FAHR\FAHR2000\2000 Agenda\011200 Supplemental.doc BOARD OF DIRECTORS AGENDA REPORT Orange County Sanitation District FROM: Michelle Tuchman, Director of Communications Originator: Penny Kyle, Board Secretary Meeting Date 01/12/00 Item Number FAHR00-07 SUBJECT: DEVELOPMENT OF A DISTRICT-WIDE RECORDS MANAGEMENT PROGRAM, SPECIFICATION NO. 9900-06 GENERAL MANAGER'S RECOMMENDATION Approve Consultant Agreement with Ictus Consulting, LLC for development of a District-Wide Records Management Program, Specification No. 9900-06, for an amount not to exceed $208,230. SUMMARY The District's current policy regarding record retention and destruction is explained in Resolution No. OCSD 98-16 (attached). However, the stated policy is not comprehensive and does not adequately address all mediums, including paper and electronic documents, currently maintained by District's staff. At present, the District does not have a formal records management program that stipulates the process and procedures required to comply with all mandated regulations. Staff has determined there is a need to establish a formal records management program, as well as a vital records protection and disaster recover plan. These policies and procedures can increase staff productivity, limit the liability of an organization, provide cost savings and follows best business practices (as stipulated by ARMA (Association of Records Managers and Administrators). The program will entail comprehensive procedures to maintain District-wide uniform records management for the control, retention, storage, retrieval and disposal of records that complies with all statutory, regulatory, and administrative requirements governing the District. This program will be developed after careful evaluation of current practices and encompasses the needs for the entire organization. The program will also include comprehensive training that will clearly define the responsibilities of each department and division. PROJECT/CONTRACT COST SUMMARY N/A H:\wp.dta'lagenda\FAHRIFAHR200CA2000 Agenda Reports\FAHR00-07.doc R«Mseci; ll/20/98 Page 1 To Bd. of Dir. 01/26/00 Item Number BUDGET IMPACT x This item has been budgeted. (Line item: Special Project; Section 8, Pg. 187; $224,800) 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 All divisions and departments within the District maintain their own individual records and in a variety of ways, including paper and electronic medium. Often this results in a duplication of records between several divisions and confusion about which group is responsible for those records. Productivity can be increased by maintaining only those records needed to get the job done. Eliminating the need to look through extra paper records or electronic records can save many hours of staff time. Furthermore, staff time can be saved by eliminating the tasks necessary to iAdex and store extraneous information. These savings will be on-going after the one-time investment to implement the records management program. The implementation of a formal records retention and destruction program will also assist in the routine purging of the files. Files will be organized and indexed consistently throughout the District, which will also make finding records more efficient. This program will inventory and classify all records within the District in all media format. Vital and historical records will be identified for preservation, and the development of a comprehensive formal retention schedule will assist in the compliance of records destruction that will hold up under scrutiny in a court of law. A formal and comprehensive records management program is also a major ingredient for an overall best-in-class organization. This program will examine both how we perform the work and the procedures we need to follow. Numerous records result from the day-to-day activity of the District; creating and destroying records with limited guidelines can cause chaos and litigation exposure. After the initial inventory and purge, it is estimated the reduction of paper and electronic records will be approximately 30%; some file cabinets can then be replaced with workspace. Another 30%-40% of the files can be moved to inactive storage, and the remaining records would be active records that would remain in the division. This will give the District more filing space to accommodate future needs. H:\wp.dla\agendalFAHR\FAHR200CA2000 Agenda Reporta1FAHR00-07.doc Revised: 8/20/98 Page2 A Records Management Committee will be created that will assist in the development of the retention program, and General Counsel will be an integral part of that process. Proposals were solicited for this program, and two were received. Staff evaluations were completed and after rating both vendors, the deciding factor was the cost, of which Ictus Consulting, LLC, had the lower cost of $208,230. It Is staff's recommendation, therefore, to award a contract to Ictus Consulting, LLC, in the amount of $208,230 for development of a District-Wide Records Management Program. ALTERNATIVES Not award the contract. CEQA FINDINGS N/A ATTACHMENTS Resolution No. OCSD 98-16 H:\wp.dla\agenda\FAHR\FAHR2000l2000 Agenda Reports\FAHR00-07.doc Revised: 8/20/98 ~age3 RESOLUTION NO. OCSD 98-16 PERTAINING TO THE PROCEDURE FOR DESTRUCTION OF OBSOLETE RECORDS -·-· A RESOLUTION OF THE BOARD OF DIRECTORS OF ORANGE COUNTY SANITATION DISTRICT, PERTAINING TO THE PROCEDURE FOR DESTRUCTION OF OBSOLETE RECORDS WHEREAS, it is necessary to establish procedures for the destruction of obsolete records to facilitate_ the orderly handling of business by the District; and, WHEREAS, the Board of Directors of the District is authorized, by the provisions of California Government Code Sections 60200 through 60204, to destroy records under certain conditions; and, WHEREAS, it is desirable and appropriate to authorize the destruction of records on a routine basis that have been retained for a certain period of time, that are copies of originals on file with the District, or that have been microfilmed. NOW, THEREFORE, the Board of Directors of Orange County Sanitation District, DOES HEREBY RESOLVE, DETERMINE AND ORDER: Section 1: Authorization for Destruction of Records. The destruction of certain records, papers and documents is hereby authorized, pursuant to California Government Code Sections 60200 et seq., after such records have been retained for the minimum time set forth on Exhibit "A", attached hereto and incorporated herein by reference. Section 2: Destruction of Records After Microfilming. Any record not expressly required by law to be filed and preserved may be destroyed at any time after it is microfilmed in conformance with the requirements of California Government Code Section 60203. Section 3: Destruction of Duplicates. Pursuant to California Government Code Section 60200, any duplicate record, paper, or document, the original or a permanent photographic copy of which is in the files of any office or Department of the District, may be destroyed after confirmation by the Board Secretary that such original or permanent photographic copy remains on file in the District. 2090-300 64895_1 1 Section 4: Retention of Records Not Mentioned. All records, papers, and documents not mentioned in this Resolution shall be retained indefinitely. 209().300 64895_1 PASSED AND ADOPTED at a Special Meeting held July 1, 1998. ~~;_-¥- Chair 2