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Home My WebLink About08-28-2024 Board Meeting Complete Agenda Packet SPECIAL NOTICE PUBLIC ATTENDANCE & PARTICIPATION AT PUBLIC MEETINGS Board of Directors Meeting Wednesday, August 28, 2024 6:00 p.m. Your participation is always welcome. OC San offers several ways in which to interact during meetings. You will find information as to these opportunities below. IN-PERSON MEETING ATTENDANCE You may attend the meeting in-person at the following location: Orange County Sanitation District Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 ONLINE MEETING PARTICIPATION You may join the meeting live via Teams on your computer or similar device or web browser by using the link below: Click here to join the meeting We suggest testing joining a Teams meeting on your device prior to the commencement of the meeting. For recommendations, general guidance on using Teams, and instructions on joining a Teams meeting, please click here. Please mute yourself upon entry to the meeting. Please raise your hand if you wish to speak during the public comment section of the meeting. The Clerk of the Board will call upon you by using the name you joined with. Meeting attendees are not provided the ability to make a presentation during the meeting. Please contact the Clerk of the Board at least 48 hours prior to the meeting if you wish to present any items. Additionally, camera feeds may be controlled by the meeting moderator to avoid inappropriate content. HOW TO PARTICIPATE IN THE MEETING BY TELEPHONE To join the meeting from your phone: Dial (213) 279-1455 When prompted, enter the Phone Conference ID: 792 952 470# All meeting participants may be muted during the meeting to alleviate background noise. If you are muted, please use *6 to unmute. You may also mute yourself on your device. Please raise your hand to speak by use *5, during the public comment section of the meeting. The Clerk of the Board will call upon you by using the last 4 digits of your phone number as identification. NOTE: All attendees will be disconnected from the meeting at the beginning of Closed Session. If you would like to return to the Open Session portion of the meeting, please login or dial-in to the Teams meeting again and wait in the Lobby for admittance. WATCH THE MEETING ONLINE The meeting will be available for online viewing at: https://ocsd.legistar.com/Calendar.aspx SUBMIT A COMMENT You may submit your comments and questions in writing for consideration in advance of the meeting by using the eComment feature available online at: https://ocsd.legistar.com/Calendar.aspx or sending them to OCSanClerk@ocsan.gov with the subject line “PUBLIC COMMENT ITEM # (insert the item number relevant to your comment)” or “PUBLIC COMMENT NON-AGENDA ITEM”. You may also submit comments and questions for consideration during the meeting by using the eComment feature available online at: https://ocsd.legistar.com/Calendar.aspx. The eComment feature will be available for the duration of the meeting. All written public comments will be provided to the legislative body and may be read into the record or compiled as part of the record. For any questions and/or concerns, please contact the Clerk of the Board’s office at 714-593-7433. Thank you for your interest in OC San! August 21, 2024 NOTICE OF REGULAR MEETING BOARD OF DIRECTORS ORANGE COUNTY SANITATION DISTRICT Wednesday, August 28, 2024 – 6:00 P.M. Plant No. 1 Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 ACCESSIBILITY FOR THE GENERAL PUBLIC Your participation is always welcome. Specific information as to how to participate in this meeting is detailed on the Special Notice attached to this agenda. In general, OC San offers several ways in which to interact during this meeting: you may participate in person, join the meeting live via Teams on your computer or similar device or web browser, join the meeting live via telephone, view the meeting online, and/or submit comments for consideration before or during the meeting. The Regular Meeting of the Board of Directors of the Orange County Sanitation District will be held at the above location and in the manner indicated on Wednesday, August 28, 2024 at 6:00 p.m. BOARD MEETING DATES September 25, 2024 October 23, 2024 November 20, 2024 * December 18, 2024 * January 22, 2025 February 26, 2025 March 26, 2025 April 23, 2025 May 28, 2025 June 25, 2025 July 23, 2025 August 27, 2025 * Meeting will be held on the third Wednesday of the month ORANGE COUNTY SANITATION DISTRICT Effective 01/23/2024 BOARD OF DIRECTORS Complete Roster AGENCY/CITIES ACTIVE DIRECTOR ALTERNATE DIRECTOR Anaheim Stephen Faessel Carlos A. Leon Brea Christine Marick Cecilia Hupp Buena Park Joyce Ahn Art Brown Cypress Scott Minikus Bonnie Peat Fountain Valley Glenn Grandis Ted Bui Fullerton Bruce Whitaker Nick Dunlap Garden Grove Stephanie Klopfenstein John O’Neill Huntington Beach Pat Burns Gracey Van Der Mark Irvine Farrah N. Khan Kathleen Treseder La Habra Rose Espinoza Jose Medrano La Palma Debbie Baker Mark I. Waldman Los Alamitos Jordan Nefulda Shelley Hasselbrink Newport Beach Brad Avery Erik Weigand Orange Jon Dumitru John Gyllenhammer Placentia Chad Wanke Ward Smith Santa Ana Johnathan Ryan Hernandez Benjamin Vazquez Seal Beach Schelly Sustarsic Lisa Landau Stanton David Shawver Carol Warren Tustin Ryan Gallagher Austin Lumbard Villa Park Robbie Pitts Jordan Wu Sanitary/Water Districts Costa Mesa Sanitary District Bob Ooten Art Perry Midway City Sanitary District Andrew Nguyen Tyler Diep Irvine Ranch Water District John Withers Douglas Reinhart Yorba Linda Water District Phil Hawkins Tom Lindsey County Areas Board of Supervisors Doug Chaffee Donald P. Wagner BOARD OF DIRECTORS Regular Meeting Agenda Wednesday, August 28, 2024 - 6:00 PM Board Room Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 ACCOMMODATIONS FOR THE DISABLED: If you require any special disability related accommodations, please contact the Orange County Sanitation District (OC San) Clerk of the Board’s office at (714) 593-7433 at least 72 hours prior to the scheduled meeting. Requests must specify the nature of the disability and the type of accommodation requested. AGENDA POSTING: In accordance with the requirements of California Government Code Section 54954.2, this agenda has been posted outside the main gate of the OC San's Administration Building located at 10844 Ellis Avenue, Fountain Valley, California, and on the OC San’s website at www.ocsan.gov not less than 72 hours prior to the meeting date and time above. All public records relating to each agenda item, including those distributed less than 72 hours prior to the meeting to a majority of the Board of Directors, are available for public inspection with the Clerk of the Board. AGENDA DESCRIPTION: The agenda provides a brief general description of each item of business to be considered or discussed. The recommended action does not indicate what action will be taken. The Board of Directors may take any action which is deemed appropriate. MEETING RECORDING: A recording of this meeting is available within 24 hours after adjournment of the meeting at https://ocsd.legistar.com/Calendar.aspx or by contacting the Clerk of the Board. NOTICE TO DIRECTORS: To place items on the agenda for a Committee or Board Meeting, the item must be submitted to the Clerk of the Board: Kelly A. Lore, MMC, (714) 593-7433 / klore@ocsan.gov at least 14 days before the meeting. For any questions on the agenda, Board members may contact staff at: General Manager: Rob Thompson, rthompson@ocsan.gov / (714) 593-7110 Asst. General Manager: Lorenzo Tyner, ltyner@ocsan.gov / (714) 593-7550 Director of Communications: Jennifer Cabral, jcabral@ocsan.gov / (714) 593-7581 Director of Engineering: Mike Dorman, mdorman@ocsan.gov / (714) 593-7014 Director of Environmental Services: Lan Wiborg, lwiborg@ocsan.gov / (714) 593-7450 Director of Finance: Wally Ritchie, writchie@ocsan.gov / (714) 593-7570 Director of Human Resources: Laura Maravilla, lmaravilla@ocsan.gov / (714) 593-7007 Director of Operations & Maintenance: Riaz Moinuddin, rmoinuddin@ocsan.gov / (714) 593-7269 BOARD OF DIRECTORS Regular Meeting Agenda Wednesday, August 28, 2024 CALL TO ORDER Board Chairman Ryan Gallagher INVOCATION AND PLEDGE OF ALLEGIANCE John Withers, Irvine Ranch Water District ROLL CALL AND DECLARATION OF QUORUM Clerk of the Board PUBLIC COMMENTS: Your participation is always welcome. Specific information as to how to participate in a meeting is detailed in the Special Notice attached to this agenda. In general, OC San offers several ways in which to interact during meetings: you may participate in person, join the meeting live via Teams on your computer or similar device or web browser, join the meeting live via telephone, view the meeting online, and/or submit comments for consideration before or during the meeting. SPECIAL PRESENTATIONS: 2024-37431.EMPLOYEE SERVICE AWARD 35-year Service Awards Julie Riddle, Program Assistant - Division 620 Philip “Phil” Cordova, Lead Mechanic - Division 880 Originator:Kelly Lore 2.2024-3770ORANGE COUNTY RETIREMENT SYSTEM (OCERS) UPDATE RECOMMENDATION: Information Item. Originator:Lorenzo Tyner Agenda Report Presentation - OCERS Attachments: REPORTS: The Board Chairperson and the General Manager may present verbal reports on miscellaneous matters of general interest to the Directors. These reports are for information only and require no action by the Directors. Page 1 of 8 BOARD OF DIRECTORS Regular Meeting Agenda Wednesday, August 28, 2024 PUBLIC HEARING: 3.2024-3699COLLECTION OF SEWER SERVICE CHARGES VIA THE TAX ROLL RECOMMENDATION: A. Conduct a public hearing to receive input on a report filed with the Clerk of the Board entitled: “Sewer Service Charges for Collection on Tax Rolls for Fiscal Year 2024-25”: 1. Open the Public Hearing 2. Receive staff report and recommendations 3. Report of written communications by Clerk of the Board 4. Public Comment 5. Close Public Hearing 6. Discussion by Board of Directors; B. Unless there is a majority protest, adopt the Report, which has the assessor’s parcel numbers and amount of charges for collection on the tax rolls; C. Adopt Resolution No. OC SAN 24-11 entitled: “A Resolution of the Board of Directors of the Orange County Sanitation District adopting the Report proposing to collect Sewer Service Fees on the Tax Roll for Fiscal Year 2024/2025”; D. Authorize execution of the “Certification of Assessment”; E. Direct staff to file a certified copy of the adopted Resolution, Report, and the Certification of Assessment with the County Auditor-Controller; and F. Direct staff to coordinate collection of sanitary sewer service charges on the general Orange County tax rolls with the County Auditor-Controller, Assessor, and Tax Collector. Originator:Wally Ritchie Agenda Report Resolution No. OC SAN 24-11 Prop 218 Certification of Assessment Sewer Service Charges for Collection on Tax Rolls for FY 2024-25 Attachments: CONSENT CALENDAR: Consent Calendar Items are considered to be routine and will be enacted, by the Board of Directors, after one motion, without discussion. Any items withdrawn from the Consent Calendar for separate discussion will be considered in the regular order of business. Page 2 of 8 BOARD OF DIRECTORS Regular Meeting Agenda Wednesday, August 28, 2024 4.2024-3774APPROVAL OF MINUTES RECOMMENDATION: Approve minutes of the Regular meeting of the Board of Directors held July 24, 2024. Originator:Kelly Lore Agenda Report 07-24-2024 Board of Directors Meeting Minutes Attachments: 5.2024-35492024 CONFLICT OF INTEREST CODE RECOMMENDATION: Adopt Resolution No. OC SAN 24-12 entitled: “A Resolution of the Board of Directors of the Orange County Sanitation District adopting a Conflict of Interest Code which supersedes all prior Conflict of Interest Codes and amendments previously adopted”. Originator:Kelly Lore Agenda Report Resolution No. OC SAN 24-12 2024 Draft Conflict of Interest Code Update Attachments: 6.2024-3715TREASURER’S REPORT FOR THE FOURTH QUARTER ENDED JUNE 30, 2024 RECOMMENDATION: Receive and file the Orange County Sanitation District Fourth Quarter Treasurer’s Report for the period ended June 30, 2024. Originator:Wally Ritchie Agenda Report Fourth Quarter Treasurer's Report for the period ended June 30 2024 Attachments: 7.2024-3754GENERAL MANAGER APPROVED PURCHASES AND ADDITIONS TO THE PRE-APPROVED OEM SOLE SOURCE LIST RECOMMENDATION: A.Receive and file Orange County Sanitation District purchases made under the General Manager’s authority for the period of April 1, 2024 to June 30, 2024; and B.Approve the following additions to the pre-approved Original Equipment Manufacturers (OEM) Sole Source List: Page 3 of 8 BOARD OF DIRECTORS Regular Meeting Agenda Wednesday, August 28, 2024 ·CALIFORNIA TRUCK EQUIPMENT COMPANY (CTEC) - Service Truck Tool Box Storage Systems ·INTEGRATED TURBO MACHINERY - Maintenance, Repairs, and Service of Steam Turbine Multi-Stage Rotor ·NETZSCH - Pumps, Parts, and Service ·XYLEM (SANITAIRE) - Diffused Aeration Equipment and Parts ·YORKE ENGINEERING, LLC. - Air Quality Consulting Services for Supercritical Water Oxidation (SCWO) Pilot Project Originator:Wally Ritchie Agenda ReportAttachments: RECEIVE AND FILE: 8.2024-3480COMMITTEE MEETING MINUTES RECOMMENDATION: Receive and file the following: Minutes of the Steering Committee Meeting held June 26, 2024. Originator:Kelly Lore Agenda Report 06-26-2024 Steering Committee Minutes Attachments: 9.2024-3721REPORT OF THE INVESTMENT TRANSACTIONS FOR THE MONTH OF JULY 2024 RECOMMENDATION: Receive and file the following: Report of the Investment Transactions for the month of July 2024. Originator:Wally Ritchie Agenda Report Report of the Investment Transactions - July 2024 Attachments: OPERATIONS COMMITTEE: None. ADMINISTRATION COMMITTEE: None. Page 4 of 8 BOARD OF DIRECTORS Regular Meeting Agenda Wednesday, August 28, 2024 STEERING COMMITTEE: 10.2024-3779LEGISLATIVE AFFAIRS UPDATE FOR THE MONTH OF JULY 2024 RECOMMENDATION: Receive and file the Legislative Affairs Update for the month of July 2024. Originator:Jennifer Cabral Agenda Report Federal Legislative Update Federal Matrix State Legislative Update State Matrix Attachments: 11.2024-3780PUBLIC AFFAIRS UPDATE FOR THE MONTH OF JULY 2024 RECOMMENDATION: Receive and file the Public Affairs Update for the month of July 2024. Originator:Jennifer Cabral Agenda Report Outreach and Media Report - July 2024 WPAA Local Public Affairs Report - July 2024 Attachments: 12.2024-3781BAY BRIDGE PUMP STATION REPLACEMENT, PROJECT NO. 5-67 RECOMMENDATION: Approve a Project Specific Maintenance Agreement with the California Department of Transportation (Caltrans) for the construction and maintenance of force mains, drainage pipes, retaining wall, sidewalk, curb and gutter hardscape, and landscaping within the Caltrans right-of-way for the Bay Bridge Pump Station Replacement, Project No. 5-67. Originator:Mike Dorman Agenda Report Project Specific Maintenance Agreement Attachments: 13.2024-3782BAY BRIDGE PUMP STATION REPLACEMENT, PROJECT NO. 5-67 RECOMMENDATION: A. Approve a Utility Permit Agreement with the County of Orange for installing force mains under the Lower Newport Bay Channel for the Bay Bridge Pump Station Replacement, Project No. 5-67; and Page 5 of 8 BOARD OF DIRECTORS Regular Meeting Agenda Wednesday, August 28, 2024 B. Approve a one-time payment of $5,000 to the County of Orange for fees associated with the Utility Permit Agreement. Originator:Mike Dorman Agenda Report Utility Permit Agreement Attachments: NON-CONSENT: 14.2024-3783UPDATE TO RULES OF PROCEDURE FOR THE CONDUCT OF BUSINESS OF THE ORANGE COUNTY SANITATION DISTRICT RECOMMENDATION: A. Approve moving the consideration of legislative and public affairs matters from the Steering Committee to the Administration Committee; and B. Adopt Resolution No. OC SAN 24-09 entitled: “A Resolution of the Board of Directors of the Orange County Sanitation District establishing Rules of Procedure for the Conduct of Business of the Orange County Sanitation District, and repealing Resolution No. OC SAN 22-37”. Originator:Jennifer Cabral Agenda Report OC SAN 24-09 Redlined OC SAN 24-09 Clean Attachments: 15.2024-3784GENERAL MANAGER’S COMPENSATION AND BENEFITS RECOMMENDATION: Adopt Resolution No. OC SAN 24-10 entitled: “A Resolution of the Board of Directors of the Orange County Sanitation District approving a salary increase and salary range adjustment for the General Manager for Fiscal Year 2024/2025.” The increase consists of a salary range adjustment and corresponding salary increase of 7.3%, effective in the first pay period of July 2024. Originator:Laura Maravilla Agenda Report Resolution No. OC SAN 24-10 General Manager Salary Schedules (Current & Proposed FY 24-25) At-Will Employment Agreement, Robert C. Thompson (eff. 7/1/24) Attachments: Page 6 of 8 BOARD OF DIRECTORS Regular Meeting Agenda Wednesday, August 28, 2024 INFORMATION ITEMS: None. AB 1234 DISCLOSURE REPORTS: This item allows Board members to provide a brief oral report regarding the disclosure of outside committees, conferences, training, seminars, etc. attended at the Agency’s expense, per Government Code §53232.3(d). • Report from Board Delegate - ISDOC • Report from Board Delegate - NWRI • Report from Board Delegate - OCCOG • Report from Board Delegate - SARFPA • Report from GWRS Steering Committee Member(s) • Other CLOSED SESSION: During the course of conducting the business set forth on this agenda as a regular meeting of the Board, the Chairperson may convene the Board in closed session to consider matters of pending real estate negotiations, pending or potential litigation, or personnel matters, pursuant to Government Code Sections 54956.8, 54956.9, 54957 or 54957.6, as noted. Reports relating to (a) purchase and sale of real property; (b) matters of pending or potential litigation; (c) employment actions or negotiations with employee representatives; or which are exempt from public disclosure under the California Public Records Act, may be reviewed by the Board during a permitted closed session and are not available for public inspection. At such time the Board takes final action on any of these subjects, the minutes will reflect all required disclosures of information. CONVENE IN CLOSED SESSION. CS-1 2024-3785CONFERENCE WITH LEGAL COUNSEL RE EXISTING LITIGATION - GOVERNMENT CODE SECTION 54956.9(d)(1) RECOMMENDATION: Convene in Closed Session: Number of Cases: 1 BKK Working Group, et al. v. Albertsons Companies, Inc., et al., United States District Court Central District of California, Court Case No. 2:18-CV-05836-MWF(PLAx). Agenda Report Board CS Memo re BKK v. Albertsons Attachments: CS-2 2024-3786CONFERENCE WITH LEGAL COUNSEL RE EXISTING LITIGATION - GOVERNMENT CODE SECTION 54956.9(d)(1) RECOMMENDATION: Convene in Closed Session: Number of Cases: 1 Orange County Sanitation District, a public entity v. Bayside Village Marina, LLC, a limited liability company; Laguna Beach County Water District, a public entity; and Page 7 of 8 BOARD OF DIRECTORS Regular Meeting Agenda Wednesday, August 28, 2024 Does 1-100, inclusive; and all Persons Unknown Claiming an Interest in the Property, Superior Court of California, County of Orange, Case No. 30-2022-01251890. Agenda Report Board CS Memo re Bayside Village Marina Attachments: CS-3 2024-3787CONFERENCE WITH LABOR NEGOTIATORS - GOVERNMENT CODE SECTION 54957.6 RECOMMENDATION: Convene in Closed Session: Designated Representatives: General Manager Robert Thompson, Assistant General Manager Lorenzo Tyner, and Director of Human Resources Laura Maravilla. Employee Organizations: (3) International Union of Operating Engineers, Local 501; Orange County Employees Association; and the Supervisory and Professional Management Group. Unrepresented Employees: (3) Confidential Group; Managers Group; and Executive Managers Group Agenda Report Board CS Memo re Labor Negotiators Attachments: RECONVENE IN REGULAR SESSION. CONSIDERATION OF ACTION, IF ANY, ON MATTERS CONSIDERED IN CLOSED SESSION: OTHER BUSINESS AND COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF ANY: BOARD OF DIRECTORS INITIATED ITEMS FOR A FUTURE MEETING: At this time Directors may request staff to place an item on a future agenda. ADJOURNMENT: Adjourn the Board meeting until the Regular Meeting of the Board of Directors on September 25, 2024 at 6:00 p.m. Page 8 of 8 BOARD OF DIRECTORS Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3770 Agenda Date:8/28/2024 Agenda Item No:2. FROM:Robert Thompson, General Manager Originator: Lorenzo Tyner, Assistant General Manager SUBJECT: ORANGE COUNTY RETIREMENT SYSTEM (OCERS) UPDATE GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: Information Item. BACKGROUND The Orange County Sanitation District (OC San)participates in the Orange County Retirement System (OCERS),a cost-sharing multiple-employer defined benefit pension plan.OCERS partners with 13 active participating employers to provide pension benefits for retirees and their beneficiaries. Members include many different public servants,including deputy sheriffs,firefighters,probation officers, physicians, secretaries, and bus drivers. Although many of OC San’s member agencies are members of the California Public Employees’ Retirement System (CALPERS),(another multiple-employer pension plan),OCERS is a separate entity.While OCERS provides similar services,it has a different board,management and actuarial assumptions, resulting in different financial results. Currently,OC San has no Unfunded Actuarial Accrued Liability,making OC San’s participation in OCERS fully funded. OCERS staff will provide a brief presentation on its mission,financial results and assumptions,and OC San’s current financial status in the OCERS program. ADDITIONAL INFORMATION All qualified permanent and probationary employees are eligible to participate in OC San’s Employee Pension Plan (Plan),which is a cost-sharing multiple-employer defined benefit pension plan administered by the OCERS.OCERS was established in 1945 under the provisions of the County Employees Retirement Law of 1937 (CERL).The Plan operates under the provisions of the CERL, the California Public Employees’Pension Reform Act of 2013 (PEPRA),and the regulations, procedures and policies adopted by OCERS’Board of Retirement.The Plan’s authority to establish and amend the benefit terms are set by the CERL and PEPRA and may be amended by the California State Legislature.The Plan is a tax qualified plan under Section 401(a)of the Internal Orange County Sanitation District Printed on 8/21/2024Page 1 of 3 powered by Legistar™ File #:2024-3770 Agenda Date:8/28/2024 Agenda Item No:2. California State Legislature.The Plan is a tax qualified plan under Section 401(a)of the Internal Revenue Code. Participating employers and active members are required by statute to contribute a percentage of covered salary to the Plan.CERL requires that the employer contribution rates for all public employers be determined on an annual basis by the actuary and be effective on July 1 following notice of a change in rate.Funding contributions are determined annually on an actuarial basis as of December 31 by OCERS.The actuarially determined rate is the estimated amount necessary to finance the costs of benefits earned by employees during the year,with an additional amount to finance any unfunded accrued liability. OCERS Actuarial Assumptions and Methods:The total pension liability in the December 31,2022 actuarial valuation was determined using the following actuarial assumptions,applied to all periods included in the measurement: Investment rate of return 7.00% of net pension. Long-Term Expected Real Rate of Return:The long-term expected rate of return on pension plan investments was determined using a building-block method in which expected future real rates of return (expected returns,net of inflation)are developed for each major asset class.These returns are combined to produce the long-term expected rate of return by weighing the expected future real rates of return by the target asset allocation percentage and by adding expected inflation and deducting expected investment expenses. Rate of Return History: YEAR ASSUMED ACTUAL 1987 7.25%2.88% 1988 7.25%11.53% 1989 7.50%18.40% 1990 7.50%1.02% 1991 8.00%20.25% 1992 8.00%5.78% 1993 8.00%13.88% 1994 8.00%-2.29% 1995 8.00%23.26% 1996 8.00%13.29% 1997 8.00%17.07% 1998 8.00%12.77% 1999 8.00%15.68% 2000 8.00%3.28% 2001 8.00%-3.22% 2002 8.00%-5.46% 2003 7.50%19.84% 2004 7.75%11.40% 2005 7.75%8.83% 2006 7.75%13.55% 2007*7.75%10.44% 2008 7.75%-20.95% 2009 7.75%18.34% 2010 7.75%11.21% 2011 7.75%0.53% 2012 7.25%11.95% 2013 7.25%10.86% 2014 7.25%4.73% 2015 7.25%-0.11% 2016 7.25%8.52% 2017 7.00%14.51% 2018 7.00%-1.67% 2019 7.00%14.41% 2020 7.00%11.38% 2021 7.00%16.56% 2022 7.00%-7.84% Average 7.59%8.46% Orange County Sanitation District Printed on 8/21/2024Page 2 of 3 powered by Legistar™ File #:2024-3770 Agenda Date:8/28/2024 Agenda Item No:2. YEAR ASSUMED ACTUAL19877.25%2.88%1988 7.25%11.53%1989 7.50%18.40%1990 7.50%1.02%1991 8.00%20.25%1992 8.00%5.78%1993 8.00%13.88%1994 8.00%-2.29%1995 8.00%23.26%1996 8.00%13.29%1997 8.00%17.07%1998 8.00%12.77%1999 8.00%15.68%2000 8.00%3.28%2001 8.00%-3.22%2002 8.00%-5.46%2003 7.50%19.84%2004 7.75%11.40% 2005 7.75%8.83% 2006 7.75%13.55% 2007*7.75%10.44% 2008 7.75%-20.95% 2009 7.75%18.34% 2010 7.75%11.21% 2011 7.75%0.53% 2012 7.25%11.95% 2013 7.25%10.86% 2014 7.25%4.73% 2015 7.25%-0.11% 2016 7.25%8.52% 2017 7.00%14.51% 2018 7.00%-1.67% 2019 7.00%14.41% 2020 7.00%11.38% 2021 7.00%16.56% 2022 7.00%-7.84% Average 7.59%8.46% * Net of Fees RELEVANT STANDARDS ·Ensure that investment proposals and decisions are based on clearly defined standards ·Ensure the public’s money is wisely spent ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Presentation Orange County Sanitation District Printed on 8/21/2024Page 3 of 3 powered by Legistar™ OCERS At-a-Glance August 28, 2024 Steve Delaney, Chief Executive Officer Molly Murphy, Chief Investment Officer Orange County Employees Retirement System 2 TheCurrent State of OCERS More than $20.6 billion in assets as of Dec. 2022 121st in the Nation 55th in Public Pensions 51st in DB Public Pensions Per 2023 P&I Retirement Pension Listing Orange County Employees Retirement System Who We Serve •CITY OF SAN JUAN CAPISTRANO •COUNTY OF ORANGE •ORANGE COUNTY CEMETERY DISTRICT •ORANGE COUNTY CHILDREN & FAMILIES COMMISSION •ORANGE COUNTY DEPARTMENT OF EDUCATION (CLOSED TO NEW MEMBERS) •ORANGE COUNTY EMPLOYEES RETIREMENT SYSTEM •ORANGE COUNTY FIRE AUTHORITY •ORANGE COUNTY IN-HOME SUPPORTIVE SERVICES PUBLICAUTHORITY •ORANGE COUNTY LOCAL AGENCY FORMATION COMMISSION •ORANGE COUNTY PUBLIC LAW LIBRARY •ORANGE COUNTY SANITATION DISTRICT •ORANGE COUNTY TRANSPORTATION AUTHORITY •SUPERIOR COURT OF CALIFORNIA, COUNTY OF ORANGE •TRANSPORTATION CORRIDOR AGENCIES •UCI MEDICAL CENTER AND CAMPUS(CLOSED TO NEW MEMBERS) 3 Orange County Employees Retirement System Differences Between the 1937 Act Systems and the State Systems? •The 1937 Act systems operate under a different set of rules governing what counts as compensation forthe purposes of determining retirement benefits. •Systems generally do not administer health care benefits for active employees or retirees. •Some systems provide a subsidy toward retiree health care costs. •Plan members or stakeholders can express concerns to the local retirement system (as opposed to a larger, statewide entity) and to local officials or labor organizations. •Administrative costs limited to 0.21% of plan liabilities. •PEPRA leveled the playing field. Contract Cities Presentation 2018 4 Orange County Employees Retirement System OCERS and the Pension Promise: As of December 31, 2023: Present Value of Future Benefits $31,773,952,000 OCERS Actuarial Accrued Liability $26,788,041,000 OCERS Assets (Valuation)$22,135,285,000 OCERS Assets (Market)$21,635,294,000 Unfunded Actuarial Accrued Liability (UAAL)$4,652,756,000 OCSD UAAL $000,000,000! 5 Orange County Employees Retirement System UAAL Projection Orange County Employees Retirement System The OCSD Story Orange County Employees Retirement System Actuarial Assumptions Produce Pension Contribution Rates (Employer) Normal Cost UAAL If every assumption is met in a year If an assumption isn’t met Contract Cities Presentation 2018 8 Paying For Pensions Orange County Employees Retirement System Good News For OCSD Orange County Employees Retirement System OCERS Funded Level Orange County Employees Retirement System How We Pay For Benefits BOSTON CHICAGO LONDON MIAMI NEW YORK PORTLAND SAN DIEGO MEKETA.COM Quarterly Review Orange County Employees Retirement System First Quarter of 2024 Policy Current 10.0%8.2% 13.0%13.0% 17.0% 13.9% 15.0% 15.6% 45.0%48.1% Current Current Policy Difference PolicyRange Balance($)Allocation (%)(%)(%)(%) Global Public Equity 11,208,188,768 48.1 45.0 3.1 38.0 - 52.0 Private Equity 3,625,450,568 15.6 15.0 0.6 10.0 - 20.0 Income Strategies 3,240,006,283 13.9 17.0 -3.1 12.0 - 22.0 RealAssets 3,017,154,815 13.0 13.0 0.0 8.0 - 18.0 RiskMitigation 1,903,723,758 8.2 10.0 -1.8 6.0 - 14.0 Unique Strategies 166,348,564 0.7 0.0 0.7 0.0 - 5.0Cash136,896,420 0.6 0.0 0.6 0.0 - 5.0 Total 23,297,769,176 100.0 100.0 0.0 Orange CountyEmployeesRetirement System AssetAllocation Compliance | AsofMarch31,2024 Page 13 AssetAllocation History 24 Years6 MonthsEnding March31,2024 0.0 1999 2001 2002 2004 2005 2007 2008 2010 2011 2013 GlobalPublicEquity PrivateEquity IncomeStrategies 2014 2016 2017 RealAssets 2019 2020 2022 RiskMitigation 15.0 30.0 45.0 60.0 75.0 90.0 Allocation (%) 2024 Orange CountyEmployeesRetirement System TotalPortfolio| AsofMarch 31,2024 Page 14 Performance Summary Market Value $QTR 1Yr 3 Yrs 5 Yrs 10Yrs (%)(%)(%)(%) (%) Total Portfolio 23,297,769,176 4.7 (20)13.0 (30)6.9 (5)8.6 (15)7.2 (34) Policy Benchmark 4.3 (28)12.5 (34)6.4 (9)8.3 (27)7.3 (29) Global Public Equity 11,208,188,768 8.5 (35)24.5 (29)6.8 (39)11.5 (36)9.0 (38) Global Public Equity Blended Benchmark 7.7 (44)22.5 (38)6.3 (45)10.6 (47)8.5 (46) Private Equity 3,625,450,568 2.2 (20)5.1 (47)13.6 (66)15.1 (75)14.2 (--) Cambridge Associates Private Equity Index 2.7 (10)9.1 (17)14.6 (61)16.0 (67)13.9 (--) Income Strategies 3,240,006,283 0.9 (35)5.3 (57)0.9 (28)2.8 (31)3.7 (15) Income Strategies Benchmark 0.1 (54)4.8 (61)0.2 (36)2.2 (42)-- Real Assets 3,017,154,815 -1.4 -1.9 10.8 6.0 -- Real Assets Custom Blend -0.4 -3.4 7.9 4.5 -- Total Real Estate 1,541,923,968 -2.3 (61)-10.1 (84)5.4 (1)5.0 (1)8.0 (1) Real Estate Custom Index -2.4 (61)-11.3 (88)3.4 (50)3.5 (68)6.5 (70) Risk Mitigation 1,903,723,758 5.0 (36)8.4 (70)6.8 (3)6.0 (40)-- Risk Mitigation Custom Index 5.2 (31)7.1 (76)3.9 (25)4.3 (64)-- Unique Strategies 166,348,564 1.0 3.5 4.7 ---- Cash*136,896,420 3.1 7.6 3.4 2.5 1.8 ICE BofA 3 Month U.S. T-Bill 1.3 5.2 2.6 2.0 1.4 Orange County Employees Retirement System Total Portfolio| As of March 31,2024 Peerrankings are fromhighest (1)to lowest(100) inthe respectiveuniverses.Please note, allprivate market assets are reported on a lag. *One or more accounts have been excluded from the composite for the purposes of performance calculations and market value. Page 15 BOARD OF DIRECTORS Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3699 Agenda Date:8/28/2024 Agenda Item No:3. FROM:Robert Thompson, General Manager Originator: Wally Ritchie, Director of Finance SUBJECT: COLLECTION OF SEWER SERVICE CHARGES VIA THE TAX ROLL GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: A. Conduct a public hearing to receive input on a report filed with the Clerk of the Board entitled: “Sewer Service Charges for Collection on Tax Rolls for Fiscal Year 2024-25”: 1. Open the Public Hearing 2. Receive staff report and recommendations 3. Report of written communications by Clerk of the Board 4. Public Comment 5. Close Public Hearing 6. Discussion by Board of Directors; B. Unless there is a majority protest, adopt the Report, which has the assessor’s parcel numbers and amount of charges for collection on the tax rolls; C. Adopt Resolution No. OC SAN 24-11 entitled: “A Resolution of the Board of Directors of the Orange County Sanitation District adopting the Report proposing to collect Sewer Service Fees on the Tax Roll for Fiscal Year 2024/2025”; D. Authorize execution of the “Certification of Assessment”; E. Direct staff to file a certified copy of the adopted Resolution, Report, and the Certification of Assessment with the County Auditor-Controller; and F. Direct staff to coordinate collection of sanitary sewer service charges on the general Orange County tax rolls with the County Auditor-Controller, Assessor, and Tax Collector. BACKGROUND Sections 5473 and 5473.1 of the State Health and Safety Codes allow the Orange County Sanitation District (OC San)to collect the Sanitary Sewer Service Charges on the County’s Property Tax Roll. OC San has exercised this option in the past because it has proven to be a cost-effective method of Orange County Sanitation District Printed on 8/21/2024Page 1 of 3 powered by Legistar™ File #:2024-3699 Agenda Date:8/28/2024 Agenda Item No:3. OC San has exercised this option in the past because it has proven to be a cost-effective method of collection. To collect the charges on the tax roll, annually it is necessary to: 1.File a report with the Clerk of the Board identifying each parcel of real property receiving OC San’s services and the amount of the charge; and 2. Provide notice and conduct a public hearing on the Report. RELEVANT STANDARDS ·Maintain a culture of improving efficiency to reduce the cost to provide the current service level or standard PROBLEM The California Health and Safety Code requires a public hearing on the annual report of charges and mechanism to collect sewer fees. PROPOSED SOLUTION Provide notice of and hold a public hearing on annual charges and adopt a Resolution directing the County Tax Collector-Treasurer to include local and regional sanitary sewer service charges on the tax roll. TIMING CONCERNS Special Assessments are due to the County Auditor-Controller in August to be included on the tax roll. RAMIFICATIONS OF NOT TAKING ACTION Approximately $347 million of sanitary sewer service charges would not be collected on the County tax roll. PRIOR COMMITTEE/BOARD ACTIONS Similar hearings are conducted annually to enable OC San to collect local and regional sanitary sewer service charges via special assessments on the tax roll. March 2023 - Board of Directors adopted the Multi-Year Regional Sewer Service Charge Schedule. FINANCIAL CONSIDERATIONS Collecting sanitary sewer service charges on the County tax roll is the most efficient and cost- effective way of collecting these charges from property owners. Orange County Sanitation District Printed on 8/21/2024Page 2 of 3 powered by Legistar™ File #:2024-3699 Agenda Date:8/28/2024 Agenda Item No:3. ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Resolution No. OC SAN 24-11 ·Proposition 218 Certification of Assessment ·“Sewer Service Charges for Collection on Tax Rolls for Fiscal Year 2024-25”filed electronically in the Clerk of the Board’s office Orange County Sanitation District Printed on 8/21/2024Page 3 of 3 powered by Legistar™ OC SAN 24-11-1 RESOLUTION NO. OC SAN 24-11 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE ORANGE COUNTY SANITATION DISTRICT ADOPTING THE REPORT PROPOSING TO COLLECT SEWER SERVICE FEES ON THE TAX ROLL FOR FISCAL YEAR 2024/2025 WHEREAS, California Health and Safety Code sections 5473 et seq. authorize the Orange County Sanitation District to adopt an ordinance by a two-thirds vote of the Board of Directors of the Orange County Sanitation District to collect sewer service fees on the tax roll, in the same manner and at the same time as the general taxes; and WHEREAS, on March 22, 2023, the Board of Directors adopted Ordinance No. OC SAN- 58, an ordinance establishing sanitary sewer service charges and allowing for the collection of such sanitary sewer service charges ("Regional Sewer Fees") on the tax roll, in the same manner, by the same persons, and at the same time as, together with, and not separate from, its general taxes; and WHEREAS, on May 22, 2013, the Board of Directors adopted Ordinance No. OCSD-43, an ordinance establishing local sanitary sewer service charges for customers receiving local sanitary sewer service in former revenue area 7 and allowing for the collection of such local sanitary sewer service charges ("Local Sewer Fees") on the tax roll, in the same manner, by the same persons, and at the same time as, together with, and not separate from, its general taxes; and WHEREAS, both Ordinance No. OC SAN-58 and Ordinance No. OCSD-43 were approved by a minimum of two-thirds of the members of the Board of Directors of the Orange County Sanitation District; and WHEREAS, pursuant to California Health and Safety Code sections 5473 et seq., a written report (the "Report"), a copy of which is filed electronically with the Clerk of the Board of Directors of the Orange County Sanitation District and by this reference incorporated herein, describing each parcel of real property subject to said Regional Sewer Fees and Local Sewer Fees, including the amount of said charges to be imposed thereon for Fiscal Year 2024-2025; and WHEREAS, the Orange County Sanitation District has caused notice of the filing of the Report to be published and has given notice of the hearing to consider such Report in accordance with California Health and Safety Code section 5473.1; and WHEREAS, the Board of Directors have heard and considered all objections and protests to the Report and has determined. and hereby finds that protests have not been made by the owner of a majority of the separate parcels of property described in the Report; and WHEREAS, the Board of Directors have determined to adopt the Report and collect the Regional Sewer Fees and the Local Sewer Fees on the tax roll, which fees shall constitute a lien OC SAN 24-11-2 against the parcels of land described in the Report in accordance with California Health and Safety Code sections 5473 et. seq. NOW, THEREFORE, the Board of Directors of the Orange County Sanitation District, DOES HEREBY RESOLVE, DETERMINE, AND ORDER: Section 1: The above recitals are true and correct. Section 2: The Report as presented is hereby adopted. Any objections, to the extent received, are hereby overruled. Section 3: The Clerk of the Board, or the designee, is hereby directed to file a copy of the Report with the Orange County Auditor's Office, together with a statement endorsed thereon over his/her signature that the Report has been adopted by the Board of Directors of the Orange County Sanitation District and shall request that said Regional Sewer Fees and Local Sewer Fees be entered against the respective parcels of land as they appear on the current assessment roll pursuant to California Health and Safety Code sections 5473 et seq. Section 4: That the General Manager, or his designee, is hereby authorized and directed to execute any necessary documents or agreements to affect the order set forth in Section 3 herein. PASSED AND ADOPTED at a regular meeting of the Board of Directors of the Orange County Sanitation District held August 28, 2024. ________________________________ Ryan P. Gallagher Chairman of the Board of Directors ATTEST: ___________________________________ Kelly A. Lore, MMC Clerk of the Board APROVED AS TO FORM: ___________________________________ Scott C. Smith General Counsel OC SAN 24-11-3 STATE OF CALIFORNIA ) ) ss COUNTY OF ORANGE ) I, Kelly A. Lore, Clerk of the Board of Directors of the Orange County Sanitation District, do hereby certify that the foregoing Resolution No. OC SAN 24-11 was passed and adopted at a regular meeting of said Board on the 28th day of August 2024, by the following vote, to wit: AYES: NOES: ABSTENTIONS: ABSENT: IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of Orange County Sanitation District this 28th day of August 2024. Kelly A. Lore, MMC Clerk of the Board of Directors Orange County Sanitation District CERTIFICATION OF ASSESSMENT The Orange County Sanitation District hereby certifies that the special assessment(s) (see below) to be placed on the 2024-25 Secured Property Tax bill by the Orange County Sanitation District meets the requirements of Proposition 218 that added Articles XIIIC and XIIID to the State Constitution. The Orange County Sanitation District agrees to defend, indemnify, and hold harmless the County of Orange, the Board of Supervisors, the Auditor-Controller, its officers and employees, from litigation over whether the requirements of Proposition 218 were met with respect to such assessment(s). If any judgment is entered against any indemnified party as a result of not meeting the requirements of Proposition 218 for such assessment(s), the Orange County Sanitation District agrees that County may offset the amount of any judgment paid by an indemnified party from any monies collected by County on Orange County Sanitation District behalf, including property taxes, special taxes, fees, or assessments. _____________________________________________________ _________________ Robert C. Thompson Date General Manager 2024-25 Special Assessments and/or Direct Charges are listed below: County Type of Tax/ City/District Code Description 1. UA/916 OCSAN Local Sewer Fee 2. U1/916 OCSAN Regional Sewer Fee District 1 3. U2/916 OCSAN Regional Sewer Fee District 2 4. U3/916 OCSAN Regional Sewer Fee District 3 5. U4/916 OCSAN Regional Sewer Fee District 5 6. U5/916 OCSAN Regional Sewer Fee District 6 7. U6/916 OCSAN Regional Sewer Fee District 7 8. U7/916 OCSAN Regional Sewer Fee District 11 9. U8/916 OCSAN Regional Sewer Fee District 13 BOARD OF DIRECTORS Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3774 Agenda Date:8/28/2024 Agenda Item No:4. FROM:Robert Thompson, General Manager Originator: Kelly A. Lore, Clerk of the Board SUBJECT: APPROVAL OF MINUTES GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: Approve minutes of the Regular meeting of the Board of Directors held July 24, 2024. BACKGROUND In accordance with the Board of Directors Rules of Procedure,an accurate record of each meeting will be provided to the Directors for subsequent approval at the following meeting. RELEVANT STANDARDS ·Resolution No. OC SAN 22-37 ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·July 24, 2024 Board of Directors meeting minutes Orange County Sanitation District Printed on 8/20/2024Page 1 of 1 powered by Legistar™ ORANGE COUNTY SANITATION DISTRICT MINUTES BOARD OF DIRECTORS JULY 24, 2024 Board Room Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 BOARD OF DIRECTORS Minutes July 24, 2024 CALL TO ORDER A regular meeting of the Board of Directors of the Orange County Sanitation District was called to order by Board Chairman Ryan Gallagher on Wednesday, July 24, 2024 at 6:00 p.m. in the Administration Building of the Orange County Sanitation District. Director Andrew Nguyen delivered the invocation and led the Pledge of Allegiance. ROLL CALL AND DECLARATION OF QUORUM Assistant Clerk of the Board Tina Knapp declared a quorum present as follows: PRESENT:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic STAFF PRESENT: Rob Thompson, General Manager; Lorenzo Tyner, Assistant General Manager; Jennifer Cabral, Director of Communications; Mike Dorman, Director of Engineering; Laura Maravilla, Director of Human Resources; Riaz Moinuddin, Director of Operations and Maintenance; Wally Ritchie, Director of Finance; Lan Wiborg, Director of Environmental Services; Tina Knapp, Assistant Clerk of the Board; Mo Abiodun; Janine Aguilar; Lorraine Baltierra; Stephanie Barron; Yiping Cao; Jackie Castro; Raul Cuellar; Don Cutler; Thys DeVries; Martin Dix; Brian Engeln; Justin Fenton; Al Garcia; Margil Jimenez; Mark Kawamoto; Joe Manzella; Tom Meregillano; Rob Michaels; Valerie Ratto; Kevin Work; and Ruth Zintzun were present in the Board Room. Yai Phongmekhin was present telephonically. OTHERS PRESENT: Scott Smith, General Counsel, and Danielle Dychter, Michael Sullivan & Associates, were present in the Board Room. PUBLIC COMMENTS: None. SPECIAL PRESENTATIONS: 1. EMPLOYEE SERVICE AWARDS 2024-3702 Originator: Kelly Lore Chair Gallagher introduced Director of Environmental Services Lan Wiborg who introduced Joe Manzella, Environmental Supervisor, who presented a 20-year service award to Scientist Margil Jimenez. Chair Gallagher also recognized Staff Analyst Theresa Evans for her 20-years of service. Page 1 of 13 BOARD OF DIRECTORS Minutes July 24, 2024 20-year Service Awards Theresa Evans, Staff Analyst - Division 250 Margil Jimenez, Scientist - Division 630 Director Johnathan Ryan Hernandez arrived at the meeting at 6:09 p.m. REPORTS: Chair Gallagher indicated that the Directors would receive talking points tomorrow regarding OC San activities to assist while reporting out to their councils, boards, and community groups. Chair Gallagher reminded the Board that the Operations and Administration Committees are dark in August. Chair Gallagher also reported that it is intended to hold the August Steering and Board meetings in the new Headquarters and that the location of the meetings will be highlighted on the public notice and will be included in the agenda packet distribution email approximately a week prior to the meeting. Lastly, Chair Gallagher reported that an annual picture of the Board of Directors will be taken in August, with the picture being taken in-between the Steering Committee and Board meetings. General Manager Rob Thompson reported that the worldwide systems outage from CrowdStrike did not affect any OC San on premise business solutions. Mr. Thompson also reported on speaking engagements he recently participated in, inlcuding the CEO Roundtable at the Singapore International Water Week, and his participation today in a podcast called “The C-Suite Level Peer-to Peer Forum” where executives around the world shared industry efforts internationally. This podcast series is anticipated to be published in August. Mr. Thompson indicated that next week he is attending a Biosolids presentation at LA Sanitation & Environment and will be attending the upcoming CASA conference and participating on a PFAS panel where he will feature OC San's SCWO project and introduce OC San's intent to explore deep well injection. Mr. Thompson further reported that last week, 374Water issued a press release announcing an update. OC San and the City of Orlando, Florida have agreed with 374Water to send a short-term demonstration unit to Orlando while a new unit is constructed with all the developmental learnings incorporated into the production unit for OC San. The new, updated unit is expected to arrive at OC San in early 2025. Mr. Thompson introduced Kevin Work, OC San’s new Purchasing & Contracts Manager, who started on Monday. He indicted that Kevin possesses over 18 years of direct procurement experience, previously serving as the Deputy County Procurement Officer for the County of Orange. Kevin received his Bachelor’s degree from UCLA and possesses a Certified Professional Public Buyer certificate. Mr. Thompson thanked Ruth Zintzun for doing double duty over the last year as both Finance Manager and Purchasing & Contracts Manager. Mr. Thompson also reported that Jennifer Cabral was recently promoted to the position of Director of Communications. Mr. Thompson concluded his report by requesting that tonight's meeting be adjourned in memory of Absalon Diaz, a valued member of OC San's laboratory team for the last eight Page 2 of 13 BOARD OF DIRECTORS Minutes July 24, 2024 years. Absalon was an Environmental Specialist in the General Chemistry, Microbiology and Sampling team. He was a devoted employee, colleague, and friend to many - bringing a joyful energy to the lab every single day. CONSENT CALENDAR: 2. APPROVAL OF MINUTES 2024-3690 Originator: Kelly Lore MOVED, SECONDED, AND DULY CARRIED TO: Approve minutes of the Regular meeting of the Board of Directors held June 26, 2024. AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None RECEIVE AND FILE: 3. COMMITTEE MEETING MINUTES 2024-3479 Originator: Kelly Lore WITHOUT OBJECTION ACTION TAKEN TO RECEIVE AND FILE THE FOLLOWING: A. Minutes of the GWRS Steering Committee Meeting held April 8, 2024 B. Minutes of the Steering Committee Meeting held May 22, 2024 C. Minutes of the Operations Committee Meeting held June 5, 2024 D. Minutes of the Administration Committee Meeting held June 12, 2024 4. REPORT OF THE INVESTMENT TRANSACTIONS FOR THE MONTH OF JUNE 2024 2024-3706 Originator: Wally Ritchie WITHOUT OBJECTION ACTION TAKEN TO RECEIVE AND FILE THE FOLLOWING: Report of the Investment Transactions for the month of June 2024. Page 3 of 13 BOARD OF DIRECTORS Minutes July 24, 2024 OPERATIONS COMMITTEE: 5. TRAFFIC SIGNAL INSTALLATION AT ELLIS AVENUE AND MT. LANGLEY STREET INTERSECTION, PROJECT NO. FR1-0020 2024-3713 Originator: Mike Dorman MOVED, SECONDED, AND DULY CARRIED TO: A. Award a Construction Contract Agreement to Asplundh Construction, LLC for Traffic Signal Installation at Ellis Avenue and Mt. Langley Street Intersection, Project No. FR1-0020, for a total amount not to exceed $746,250; and B. Approve a contingency of $74,625 (10%). AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None 6. HVAC REPLACEMENTS AT PLANT NOS. 1 AND 2, PROJECT NO. FE23-06 2024-3714 Originator: Mike Dorman MOVED, SECONDED, AND DULY CARRIED TO: A. Approve a Purchase Order Contract to ACCO Engineered Systems, Inc. for the HVAC Replacements at Plant Nos. 1 and 2, Project No. FE23-06, utilizing the Omnia Cooperative Purchasing Agreement, Contract Number #02-73, for a total amount not to exceed $1,698,204; and B. Approve a contingency of $169,820 (10%). AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None Page 4 of 13 BOARD OF DIRECTORS Minutes July 24, 2024 ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None 7. WARNER AVENUE VAULT COVER IMPROVEMENTS, PROJECT NO. FRC-0010 2024-3716 Originator: Mike Dorman MOVED, SECONDED, AND DULY CARRIED TO: A. Receive and file Bid Tabulation and Recommendation for Warner Avenue Vault Cover Improvements, Project No. FRC-0010; B. Award a Construction Contract Agreement to Minako America Corporation dba Minco Construction for Warner Avenue Vault Cover Improvements, Project No. FRC-0010, for a total amount not to exceed $977,000; and C. Approve a contingency of $97,700 (10%). AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None 8. INDUSTRIAL CLEANING SERVICES, SPECIFICATION NO. S-2020-1184BD, CONTINGENCY INCREASE 2024-3717 Originator: Riaz Moinuddin MOVED, SECONDED, AND DULY CARRIED TO: Approve a contingency increase of $216,050 (31%) to the existing Service Contract with Performance Pipeline Technologies Inc., dba Sanitation Systems, for Industrial Cleaning Services, Specification No. S-2020-1184BD, for a total contract amount not to exceed $694,500 and a new total contingency of $285,500 (41%) for the period of January 1, 2024 through December 31, 2024. Page 5 of 13 BOARD OF DIRECTORS Minutes July 24, 2024 AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None 9. DIGESTER P AND R DOME TENDON REPAIR, CONTRACT NO. P2-137A 2024-3718 Originator: Mike Dorman MOVED, SECONDED, AND DULY CARRIED TO: A. Receive and file Bid Tabulation and Recommendation for Digester P and R Dome Tendon Repair, Contract No. P2-137A; B. Award a Construction Contract Agreement to Structural Preservation Systems, LLC for Digester P and R Dome Tendon Repair, Contract No. P2-137A as part of Digesters Rehabilitation at Plant No. 2, Project No. P2-137, for a total amount not to exceed $2,597,864; and C. Approve a contingency of $259,786 (10%). AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None 10. REDHILL RELIEF SEWER RELOCATION AT STATE ROUTE 55, PROJECT NO. FE18-13 2024-3719 Originator: Mike Dorman MOVED, SECONDED, AND DULY CARRIED TO: Page 6 of 13 BOARD OF DIRECTORS Minutes July 24, 2024 Approve a construction contingency increase of $464,730 (21%) to the existing construction contract with SRK Engineering, Inc. for Redhill Relief Sewer Relocation at State Route 55, Project FE18-13, for a total contract amount not to exceed $2,213,000 and a total construction contingency of $796,680 (36%), with all costs to be reimbursed by the Orange County Transportation Authority. AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None 11. ORANGE COUNTY SANITATION DISTRICT NEW OCEAN MONITORING VESSEL 2024-3720 Originator: Lan Wiborg MOVED, SECONDED, AND DULY CARRIED TO: A. Approve an Agreement to Design and Build an Ocean Monitoring Vessel to All American Marine, Inc. (AAM) for the purchase of a 65-foot (overall length) aluminum catamaran design ocean monitoring vessel with a plug-in hybrid propulsion system for a total amount not to exceed $9,206,149; and B. Approve a contingency of $920,615 (10%). AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None ADMINISTRATION COMMITTEE: 12. ENVIRONMENTAL REGULATORY REPORTS 2024-3710 Originator: Lan Wiborg Page 7 of 13 BOARD OF DIRECTORS Minutes July 24, 2024 MOVED, SECONDED, AND DULY CARRIED TO: Receive and file the following environmental regulatory reports: Annual Biosolids Management Compliance Report CY 2023, Annual Pretreatment Program Report FY 2023 (July 2022-June 2023), Semi-Annual Pretreatment Program Report (July-December 2023), Annual Mandatory Reporting of Greenhouse Gas Emissions Report CY 2023, Annual Emissions Report CY 2023, and the Marine Monitoring Annual Report FY 2023 (July 2022-June 2023). AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None 13. BENEFITS ADMINISTRATION SERVICE AGREEMENT 2024-3711 Originator: Laura Maravilla MOVED, SECONDED, AND DULY CARRIED TO: Approve an Administration Agreement with Benefit Coordinators Corporation for benefits administration services, effective August 1, 2024. AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None 14. 2025 BENEFITS INSURANCE RENEWAL 2024-3712 Originator: Laura Maravilla MOVED, SECONDED, AND DULY CARRIED TO: Page 8 of 13 BOARD OF DIRECTORS Minutes July 24, 2024 A. Approve the Orange County Sanitation District 2025 Benefits Insurance Renewal with the carriers listed below for an overall not-to-exceed amount of $15,746,317, as specified below: 1. Benefit Coordinators Company (BCC) (medical, dental, and vision plans, Flexible Spending Accounts, and Employee Assistance Program [EAP]) - Not to Exceed $14,507,996; 2. Lincoln Financial (basic life, short- and long-term disability) - Not to Exceed $537,054; 3. The Standard (EMT & Manager disability) - Not to Exceed $30,000; 4. HealthEquity (Health Savings Accounts [HSA]) - Not to Exceed $50,400; 5. Voya (Health Reimbursement Arrangement [HRA]) - Not to Exceed $189,000; 6. BCC/Workterra (administration/transition costs, includes ACA Fees, Reporting & File Fees) - Not to Exceed $28,267; 7. BCC (retiree-paid health premiums, recouped from retirees through monthly payments) - Not to Exceed $403,600; 8. Approve a contingency of $787,316 (5%); and B. Authorize the General Manager to revise the carriers within the not-to-exceed amounts listed above for operational efficiency and/or to better meet the needs of the Orange County Sanitation District and participants. AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None STEERING COMMITTEE: 15.LEGISLATIVE AFFAIRS UPDATE FOR THE MONTH OF JUNE 2024 2024-3735 Originator: Jennifer Cabral Page 9 of 13 BOARD OF DIRECTORS Minutes July 24, 2024 MOVED, SECONDED, AND DULY CARRIED TO: Receive and file the Legislative Affairs Update for the month of June 2024. AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None 16. PUBLIC AFFAIRS UPDATE FOR THE MONTH OF JUNE 2024 2024-3736 Originator: Jennifer Cabral MOVED, SECONDED, AND DULY CARRIED TO: Receive and file the Public Affairs Update for the month of June 2024. AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None 17. BENEFITS FOR UNREPRESENTED EXECUTIVE MANAGEMENT EMPLOYEES 2024-3739 Originator: Laura Maravilla MOVED, SECONDED, AND DULY CARRIED TO: Adopt Resolution No. OC SAN 24-08 entitled: “A Resolution of the Board of Directors of the Orange County Sanitation District Approving Benefit Adjustments for At-Will Executive Management Team Employees Commencing on Fiscal Year 2024-2025”. Page 10 of 13 BOARD OF DIRECTORS Minutes July 24, 2024 AYES:Joyce Ahn, Brad Avery, Debbie Baker, Pat Burns, Doug Chaffee, Jon Dumitru, Rose Espinoza, Stephen Faessel, Ryan Gallagher, Johnathan Ryan Hernandez, Farrah Khan, Christine Marick, Scott Minikus, Jordan Nefulda, Andrew Nguyen, Robbie Pitts, David Shawver, Chad Wanke, Bruce Whitaker, John Withers and Art Perry (Alternate) NOES:None ABSENT:Glenn Grandis, Phil Hawkins, Stephanie Klopfenstein and Schelly Sustarsic ABSTENTIONS:None NON-CONSENT: None. INFORMATION ITEMS: None. AB 1234 DISCLOSURE REPORTS: Chair Gallagher, Vice-Chair Jon Dumitru, and Directors Pat Burns, Stephen Faessel, and Dave Shawver provided updates and/or reports on various recent Regional Board Meetings. CLOSED SESSION: CONVENED IN CLOSED SESSION PURSUANT TO GOVERNMENT CODE SECTIONS 54956.9(d)(1), 54957(b)(1), & 54957.6. The Board convened in closed session at 6:19 p.m. Confidential minutes of the Closed Sessions have been prepared in accordance with the above Government Code Sections and are maintained by the Clerk of the Board in the Official Book of Confidential Minutes of Board and Committee Closed Session meetings. CS-1 CONFERENCE WITH LEGAL COUNSEL RE EXISTING LITIGATION - GOVERNMENT CODE SECTION 54956.9(d)(1) 2024-3729 CONVENED IN CLOSED SESSION: Number of Cases: 1 Orange County Sanitation District v. Robert M. Jackson, et al., Orange County Superior Court Case No. 30-2024-01379706-CU-OR-CJC. CS-2 CONFERENCE WITH LEGAL COUNSEL RE EXISTING LITIGATION - GOVERNMENT CODE SECTION 54956.9(d)(1) 2024-3731 CONVENED IN CLOSED SESSION: Page 11 of 13 BOARD OF DIRECTORS Minutes July 24, 2024 Number of Cases: 1 Jose Salcido, Workers’ Compensation Claim, Workers Compensation Appeals Board, Case No. ADJ14774129. CS-3 CONFERENCE WITH LEGAL COUNSEL RE EXISTING LITIGATION - GOVERNMENT CODE SECTION 54956.9(d)(1) 2024-3730 CONVENED IN CLOSED SESSION: Number of Cases: 1 BKK Working Group, et al. v. Albertsons Companies, Inc., et al., United States District Court Central District of California, Court Case No. 2:18-CV-05836-MWF(PLAx). CS-4 PUBLIC EMPLOYEE PERFORMANCE EVALUATION - GOVERNMENT CODE SECTION 54957(b)(1) 2024-3740 Originator: Laura Maravilla CONVENED IN CLOSED SESSION: Public Employee Performance Evaluation Title: General Manager CS-5 CONFERENCE WITH LABOR NEGOTIATORS - GOVERNMENT CODE SECTION 54957.6 2024-3741 Originator: Laura Maravilla CONVENED IN CLOSED SESSION: Agency Designated Representatives: Board Chairman Ryan Gallagher & Board Vice-Chairman Jon Dumitru Unrepresented Employee: General Manager RECONVENED IN REGULAR SESSION. The Board reconvened in regular session at 6:36 p.m. CONSIDERATION OF ACTION, IF ANY, ON MATTERS CONSIDERED IN CLOSED SESSION: General Counsel Scott Smith stated there was no reportable action. Page 12 of 13 BOARD OF DIRECTORS Minutes July 24, 2024 OTHER BUSINESS AND COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF ANY: None. BOARD OF DIRECTORS INITIATED ITEMS FOR A FUTURE MEETING: None. ADJOURNMENT: At 6:37 p.m., Chair Gallagher adjourned the meeting in memory of OC San employee Absalon Diaz. The next Regular Meeting of the Board of Directors is to be held on Wednesday, August 28, 2024 at 6:00 p.m. Submitted by: _____________________ Tina Knapp, MMC Assistant Clerk of the Board Page 13 of 13 BOARD OF DIRECTORS Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3549 Agenda Date:8/28/2024 Agenda Item No:5. FROM:Robert Thompson, General Manager Originator: Kelly A. Lore, Clerk of the Board SUBJECT: 2024 CONFLICT OF INTEREST CODE GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: Adopt Resolution No.OC SAN 24-12 entitled:“A Resolution of the Board of Directors of the Orange County Sanitation District adopting a Conflict of Interest Code which supersedes all prior Conflict of Interest Codes and amendments previously adopted”. BACKGROUND The Political Reform Act requires that every local agency review its Conflict of Interest Code biennially.The last biennial review was completed with a formal amendment to the Orange County Sanitation District’s Conflict of Interest Code in August 2023.Staff is proposing this amendment to reflect additions and deletions to those designated positions that are required to file Statements of Economic Interests. RELEVANT STANDARDS ·Political Reform Act,Government Code Sections 81000, et seq. ·California Government Code Sections 87300-87306 ·Fair Political Practices Commission (2 Cal. Code of Regs. Section 18100, et seq.) PROBLEM During the last budget cycle,positions were added,reclassified,or eliminated.These positions are required to file Statements of Economic Interests and the updated Conflict of Interest Code must be adopted. Orange County Sanitation District Printed on 8/21/2024Page 1 of 2 powered by Legistar™ File #:2024-3549 Agenda Date:8/28/2024 Agenda Item No:5. PROPOSED SOLUTION Staff recommends that the Board of Directors adopt the revised 2024 Conflict of Interest Code which reflects the following changes: ·Addition of the following new positions:Director of Communications,Finance Manager,Public Affairs Supervisor, and Purchasing & Contracts Manager ·Deletion of the following positions:Administration Manager and Finance &Procurement Manager If approved by the Board,the newly approved Code will be forwarded to the Orange County Board of Supervisors for review and approval, as required by California Government Code Section 87303. TIMING CONCERNS The changes in position control have taken place and should not wait until a future meeting. RAMIFICATIONS OF NOT TAKING ACTION Non-compliance with state law. PRIOR COMMITTEE/BOARD ACTIONS August 2023 -Board of Directors amended the Conflict of Interest Code and approved Resolution No. OC SAN 23-15. ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Resolution No. OC SAN 24-12 ·2024 Draft Conflict of Interest Code Update Orange County Sanitation District Printed on 8/21/2024Page 2 of 2 powered by Legistar™ OC SAN 24-12-1 RESOLUTION NO. OC SAN 24-12 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE ORANGE COUNTY SANITATION DISTRICT ADOPTING A CONFLICT OF INTEREST CODE WHICH SUPERSEDES ALL PRIOR CONFLICT OF INTEREST CODES AND AMENDMENTS PREVIOUSLY ADOPTED WHEREAS, the Political Reform Act of 1974, Government Code Section 81000 et seq. (“the Act”), requires a local government agency to adopt a Conflict of Interest Code pursuant to the Act; and WHEREAS, the Orange County Sanitation District has previously adopted a Conflict of Interest Code and that Code now requires updating; and WHEREAS, amendments to the Act have in the past and foreseeably will in the future require conforming amendments to be made to the Conflict of Interest Code; and WHEREAS, the Fair Political Practices Commission has adopted a regulation, 2 California Code of Regulations, Section 18730, which contains terms for a standard model Conflict of Interest Code, which, together with amendments thereto, may be adopted by public agencies and incorporated by reference to save public agencies time and money by minimizing the actions required of such agencies to keep their codes in conformity with the Political Reform Act; and WHEREAS, the reorganization of the Orange County Sanitation District workforce resulted in the reclassification of positions; and WHEREAS, the Orange County Sanitation District’s existing Conflict of Interest Code must be amended in order to reflect the current positions of those designated employees that are required to file statements of economic interests. NOW, THEREFORE, the Board of Directors of the Orange County Sanitation District, DOES HEREBY RESOLVE, DETERMINE, AND ORDER: Section 1. The terms of 2 California Code of Regulations, Section 18730, any amendments to it duly adopted by the Fair Political Practices Commission, and all additional guidance by the Fair Political Practices Commission, are hereby incorporated by reference and, together with the 2024 Conflict of Interest Code for the Orange County Sanitation District, including Exhibits A and B in which members and employees are designated and disclosure categories are set forth, constitute the Conflict of Interest Code of the Orange County Sanitation District. Section 2. The provisions of all Conflict of Interest Codes and Amendments thereto previously adopted by the Orange County Sanitation District are hereby superseded. OC SAN 24-12-2 Section 3. The Filing Officer is hereby authorized to forward a copy of this Resolution to the Clerk of the Orange County Board of Supervisors for review and approval by the Orange County Board of Supervisors as required by California Government Code Section 87303. PASSED AND ADOPTED at a regular meeting of the Board of Directors of the Orange County Sanitation District held August 28, 2024. ________________________________ Ryan P. Gallagher Board Chairman ATTEST: ______________________________ Kelly A. Lore, MMC Clerk of the Board APPROVED AS TO FORM: ______________________________ Scott C. Smith General Counsel OC SAN 24-12-3 STATE OF CALIFORNIA ) ) ss COUNTY OF ORANGE ) I, Kelly A. Lore, Clerk of the Board of Directors of the Orange County Sanitation District, do hereby certify that the foregoing Resolution No. OC SAN 24-12 was passed and adopted at a regular meeting of said Board on the 28th day of August 2024, by the following vote, to wit: AYES: NOES: ABSTENTIONS: ABSENT: IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of Orange County Sanitation District this 28th day of August 2024. Kelly A. Lore, MMC Clerk of the Board of Directors Orange County Sanitation District OC SAN 24-12-4 2024 CONFLICT OF INTEREST CODE FOR THE ORANGE COUNTY SANITATION DISTRICT The Political Reform Act, Government Code Sections 81000, et seq., requires state and local government agencies to adopt and promulgate Conflict of Interest Codes. The Fair Political Practices Commission has adopted a regulation (2 Cal. Code of Regs. Section 18730) which contains the terms of a standard Conflict of Interest Code, which may be incorporated by reference in an agency’s code. After public notice and hearing, it may be amended by the Fair Political Practices Commission to conform to amendments in the Political Reform Act. Therefore, the terms of 2 California Code of Regulations Section 18730, any amendments to it duly adopted by the Fair Political Practices Commission, and all additional guidance by the Fair Political Practices Commission, are hereby incorporated by reference. This regulation and the attached Appendix designating officials and employees and establishing disclosure categories, shall constitute the Conflict of Interest Code of the Orange County Sanitation District (OC San). The following designated employees shall file statements of economic interests electronically with the Clerk of the Orange County Board of Supervisors: Orange County Sanitation District Board of Directors, Orange County Sanitation District Financing Corporation, General Manager, General Counsel, Assistant General Manager, Director of Communications, Director of Finance, Director of Engineering, Director of Operations & Maintenance, Director of Environmental Services, Director of Human Resources, and the Clerk of the Board. The Orange County Sanitation District’s Filing Officer (Clerk of the OC San’s Board of Directors) will thereafter verify the completion of the filing statements. If OC San’s Filing Officer receives any statements of economic interests by other means, the Filing Officer shall make and retain a copy and forward the original of these statements to the Clerk of the Orange County Board of Supervisors. Statements for all other designated employees will be retained by OC San’s Filing Officer. OC SAN 24-12-5 EXHIBIT A ORANGE COUNTY SANITATION DISTRICT LIST OF DESIGNATED POSITIONS CONFLICT OF INTEREST CODE Designated Positions Disclosure Categories Accounting Supervisor OC-05 Administration Manager (DELETION) OC-05 Assistant Clerk of the Board OC-05 Assistant General Manager OC-01 Buyer OC-05 Chief Plant Operator OC-05 CIP Project Manager OC-41 Clerk of the Board OC-05 Construction Inspection Supervisor OC-05 Construction Inspector OC-10 Consultant OC-30 Contracts Administrator OC-05 Contracts Supervisor OC-05 Cost Estimator OC-41 Director of Communications (ADDITION) OC-41 Director of Engineering OC-41 Director of Environmental Services OC-41 Director of Finance OC-41; OC-12 Director of Human Resources OC-41, OC-11 Director of Operations & Maintenance OC-41 Engineer OC-29, OC-41 Engineering Manager OC-41 Engineering Supervisor OC-41 Environmental Protection Manager OC-29 Environmental Supervisor OC-29 Finance Manager (ADDITION) OC-05 Finance & Procurement Manager (DELETION) OC-05 General Counsel OC-01 General Manager OC-01 Human Resources Manager OC-11; OC-12 Human Resources Supervisor OC-11 Information Technology Manager OC-08 Information Technology Supervisor OC-08 Lead Source Control Inspector OC-05; OC-29 Maintenance Manager OC-05 Maintenance Superintendent OC-05 OC SAN 24-12-6 Maintenance Supervisor OC-05 Materials Management Supervisor OC-05 Operations Manager OC-05 Operations Supervisor OC-05 Orange County Sanitation District Financing Corporation Board of Directors OC-01 Principal Accountant OC-41 Principal Buyer OC-05 Principal Contracts Administrator OC-05 Principal Environmental Specialist OC-29 Principal Human Resources Analyst OC-11 Principal Information Technology Analyst OC-08 Principal Public Affairs Specialist OC-05 Principal Safety and Health Specialist OC-05 Principal Staff Analyst OC-05; OC-12 Public Affairs Supervisor (ADDITION) OC-05 Purchasing and Contracts Manager (ADDITION) OC-05 Purchasing Supervisor OC-05 Safety & Health Manager OC-05 Safety & Health Supervisor OC-05 Secretary of the Orange County Financing Corporation OC-05 Senior Buyer OC-05 Senior Construction Inspector OC-10 Senior Contracts Administrator OC-05 Senior Cost Estimator OC-41 Senior Engineer OC-05 Senior Scientist OC-21 Source Control Inspector I and II OC-29 Treasurer of the Orange County Financing Corporation OC-41 The following amendments are made: ADDITIONS: Director of Communications Finance Manager Public Affairs Supervisor Purchasing and Contracts Manager DELETIONS: Administration Manager Finance & Procurement Manager (classification split into two positions) OC SAN 24-12-7 EXHIBIT B ORANGE COUNTY SANITATION DISTRICT DISCLOSURE CATEGORIES CONFLICT OF INTEREST CODE Disclosure Category Disclosure Description OC-01 All interests in real property in Orange County or located entirely or partly within OC San’s boundaries, as well as investments, business positions, and sources of income (including gifts, loans, and travel payments). OC-05 All investments in, business positions with, and income (including gifts, loans, and travel payments) from sources that provide services, supplies, materials, machinery, and equipment (including training and consulting services) used by OC San. OC-08 All investments in, business positions with, and income (including gifts, loans, and travel payments) from sources that develop or provide computer hardware/software, voice data communications, or data processing goods, supplies, equipment, or services (including training and consulting services) used by OC San. OC-10 All investments in, business positions with, and income (including gifts, loans, and travel payments) from sources that are engaged in any real estate activity including, but not limited to, real estate appraisal, development, construction, planning/architectural design, engineering, sales, brokerage, leasing, lending, insurance, rights of way, and/or studies; and/or property or facilities management/maintenance/custodial and utility services used by OC San or provides capital for the purchase of property used or sold by OC San. OC-11 All interests in real property in Orange County or located entirely or partly within the OC San’s boundaries, as well as investments in, business positions with, and income (including gifts, loans, and travel payments) from sources that are engaged in the supply of equipment related to (i) recruitment, employment search & marketing, classification, training, or negotiation with personnel; (ii) employee benefits; and (iii) health and welfare benefits. OC-12 All interests in real property in Orange County or located entirely or partly within OC San’s boundaries, as well as investments in, business positions with, and income (including gifts, loans, and travel payments) from sources that invest funds or engage in the business of insurance including, but not limited to, insurance companies, carriers, holding companies, underwriters, brokers, solicitors, agents, adjusters, claims managers, and actuaries; from financial institutions including, but not limited to, banks, savings & loan associations, and credit unions; or sources that have filed a claim, or have a claim pending, against OC San. OC SAN 24-12-8 EXHIBIT B ORANGE COUNTY SANITATION DISTRICT DISCLOSURE CATEGORIES CONFLICT OF INTEREST CODE Disclosure Category Disclosure Description OC-21 All investments in, business positions with, and income (including gifts, loans, and travel payments) from sources that provide laboratory or chemical – related goods, supplies, equipment, or services (including training and consulting services). OC-29 All investments in, business positions with, and income (including gifts, loans, and travel payments) from sources that are subject to inspection or regulation by OC San. OC-30 Consultants shall be included in the list of designated employees and shall disclose pursuant to the broadest category in the code subject to the following limitation: The Department Head/Director/General Manager may determine that a particular consultant, although a “designated position”, is hired to perform a range of duties that is limited in scope and thus is not required to fully comply with the disclosure requirements in this section. Such written determination shall include a description of the consultant’s duties and, based upon that description, a statement of the extent of disclosure required. The determination of disclosure is a public record and shall be filed with the Form 700 and retained by the Filing Officer for public inspection. OC-41 All interests in real property in Orange County, as well as investments in, business positions with, and income (including gifts, loans, and travel payments) from sources that provide services, supplies, materials, machinery, vehicles, or equipment (including training and consulting services) used by OC San. BOARD OF DIRECTORS Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3715 Agenda Date:8/28/2024 Agenda Item No:6. FROM:Robert Thompson, General Manager Originator: Wally Ritchie, Director of Finance SUBJECT: TREASURER’S REPORT FOR THE FOURTH QUARTER ENDED JUNE 30, 2024 GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: Receive and file the Orange County Sanitation District Fourth Quarter Treasurer’s Report for the period ended June 30, 2024. BACKGROUND The fourth quarter treasurer’s report contains financial portfolio performance with respect to the Orange County Sanitation District’s (OC San)funds.Both Long-Term and Liquid Operating Monies Portfolios are summarized.A performance summary table can be found below.The report also contains information on the U.S.and global economic outlook from OC San’s investment manager, Insight Investment.Additionally,the Section 115 Trust quarterly performance report is included.The Section 115 trust is administered by Public Agency Retirement Services (PARS)and managed by PFM Asset Management and was established to prefund pension obligations. RELEVANT STANDARDS ·Quarterly financial reporting ADDITIONAL INFORMATION The fourth quarter treasurer’s report for the period ended June 30,2024 is being submitted in accordance with OC San’s investment policy that requires the report be submitted to the governing body following the end of each quarter and includes the following information: ·Performance results in comparison with the ICE BAML 3-month treasury bill index for the liquid operating portfolio;and the ICE BAML Corp./Govt.1-5 Year Bond index for the long-term portfolio as identified in the investment policy;and the time-weighted total rate of return for the portfolio for the prior three months,six months,nine months,twelve months,and since inception compared to the Benchmark returns for the same periods: Portfolio Performance Summary Orange County Sanitation District Printed on 8/21/2024Page 1 of 3 powered by Legistar™ File #:2024-3715 Agenda Date:8/28/2024 Agenda Item No:6. Portfolio Performance Summary As of June 30, 2024 Liquid Operating Monies (%)Long-Term Operating Monies (%) Total Rate of Return Benchmark Total Rate of Return Benchmark 3 Months 1.30 1.37 0.87 0.89 6 Months 2.66 2.76 1.15 1.09 9 Months 1.35 1.38 1.44 1.48 12 Months 5.50 5.64 4.72 4.77 Annualized Since Inception 2.52 2.27 3.72 3.58 ·A listing of individual securities held at the end of each reporting period (see the detailed listings of each security contained within the report). ·Cost and market values of the portfolios: Liquid Operating Long-Term Cost $96.0 M $713.4 M Market Value $96.2 M $693.3 M ·Modified duration of the portfolio compared to the Benchmark: Liquid Operating Long-Term OC San Policy < 0.50 < 5.00 Benchmark 0.16 2.60 Portfolio 0.18 2.48 ·Dollar change in value of the portfolio for a one percent (1%) change in interest rates: Liquid Operating - $173,872 Long- Term - $17,219,847 ·None of the portfolios are currently invested in reverse repurchase agreements. ·The percent of the Liquid Operating Monies portfolio maturing within 90 days: 86.9% ·Average portfolio credit quality: Liquid Operating - AA Long- Term - AA ·Percent of portfolio with credit ratings below “A”by any rating agency and a description of such securities: Liquid Operating - 0.70% Long-Term - Percent of portfolio - 0.75% Orange County Sanitation District Printed on 8/21/2024Page 2 of 3 powered by Legistar™ File #:2024-3715 Agenda Date:8/28/2024 Agenda Item No:6. Cost Maturity Date Moody S&P Fitch Truist Financial Corp $972,700.00 8/1/2024 Baa1 A-A- Virginia Electric Power Co $5,736,523.40 5/15/2027 A2 BBB+A ·All investments are in compliance with the investment policy and the California Government Code,except for the following Lehman Brother holdings that OC San is pursuing collection through the bankruptcy court: Lehman Brothers Note-Defaulted $600,000 par value purchased 9/19/2008 Lehman Brothers Note-Defaulted $2,000,000 par value purchased 9/18/2008 ·Sufficient funds are available for OC San to meet its operating expenditure requirements for the next six months. CEQA N/A FINANCIAL CONSIDERATIONS N/A ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Fourth Quarter Treasurer’s Report for the period ended June 30, 2024 Orange County Sanitation District Printed on 8/21/2024Page 3 of 3 powered by Legistar™ July 31, 2024 STAFF REPORT Quarterly Treasurer’s Report For the Period Ended June 30, 2024 SUMMARY Section 18.0 of the Orange County Sanitation District's (OC San) Investment Policy includes quarterly reporting requirements for OC San's two investment portfolios. These two funds, the "Liquid Operating Monies," and the "Long-Term Operating Monies" are managed by Insight Investment (Insight), OC San’s external money manager. The ongoing monitoring of OC San's investment program by staff and Callan LLC (Callan), OC San's independent investment advisor, indicates that OC San’s investments are in compliance with OC San's adopted Investment Policy and the California Government Code, and that overall performance has tracked with benchmark indices. In addition, sufficient liquidity and anticipated revenues are available for OC San to meet budgeted expenditures for the next six months. OC San’s portfolios do not include any reverse repurchase agreements or derivative securities. An Internal Revenue Services Section 115 Trust was established to prefund pension obligations. OC San has restricted cash and investments held in the post-employment benefits trust administered by Public Agency Retirement Services (PARS) and managed by PFM Asset Management (PFM). The trust is a tax-exempt irrevocable trust and trust assets are to be used exclusive for payment of pension liabilities. ADDITIONAL INFORMATION Performance Reports The Quarterly Investment Report, prepared by Insight, and the Investment Measurement Service Quarterly Review, prepared by Callan, are attached for reference. Also included within the attachments are performance data and portfolio statistics charts that depict the performance results, cost, market value, duration, credit quality and sector diversification of OC San’s portfolios, as of June 30, 2024. The Liquid Operating portfolio, with an average maturity of 44 days, consists entirely of high quality fixed income investments consistent with OC San’s investment policy. Quarterly Treasurer’s Report For the Period Ended June 30, 2024 Page 2 of 4 Portfolio Performance Summary The following table presents a performance summary of OC San’s portfolios as compared to their benchmarks as of June 30, 2024. (1) Benchmarks:  Liquid Operating Portfolio: ICE BAML 3-Month Treasury Bill Index  Long-Term Operating Portfolio: ICE BAML Corp/Govt. 1-5 Year Bond Index Portfolio Market Values Comparative marked-to-market quarter-end portfolio values are shown in the following table, and in the attached bar chart. Quarter Ending Liquid Operating Monies ($M) Long-Term Operating Monies ($M) 30 Sep 23 141.3 714.0 31 Dec 23 208.9 733.3 31 Mar 24 141.1 735.0 30 Jun 24 96.2 693.3 Portfolio Performance Summary As of June 30, 2024 Liquid Operating Monies (%) Long-Term Operating Monies (%) Total Rate of Return Benchmark(1) Total Rate of Return Benchmark(1) 3 Months 1.30 1.37 0.87 0.89 6 Months 2.66 2.76 1.15 1.09 9 Months 1.35 1.38 1.44 1.48 12 Months 5.50 5.64 4.72 4.77 Annualized Since Inception 2.52 2.27 3.72 3.58 Market Value $96.2 M $693.3 M Average Quality AA AA Purchase Yield (%) 5.33 2.82 Market Yield (%) 5.45 4.85 Quarterly Deposits (Withdrawals) ($47.0 M) ($47.0 M) Quarterly Treasurer’s Report For the Period Ended June 30, 2024 Page 3 of 4 Orange County Sanitation District Investment Account Balances as of June 30, 2024 Investment Accounts Book Balances June 30, 2024 Estimated Yield (%) Insight/U.S. Bank – Long-Term Portfolio Insight/U.S. Bank – Liquid Operating Portfolio State of California LAIF PARS Section 115 Trust - Moderate PARS Section 115 Trust - Balanced Banc of California – General Banc of California – Sweep Banc of California – Workers’ Compensation Banc of California – Property, Liability Claim, Exp Union Bank – Mount Langley BNY Mellon OCIP Reserve Petty Cash TOTAL Debt Service Reserves w/Trustees $694,348,682 96,595,670 43,535,396 10,433,547 5,312,560 5,000,000 1,745,828 67,671 50,000 342,030 250,000 1,500 $857,682,884 $346,586 4.85 5.45 4.48 1.35 1.44 0.60 2.53 0.60 0.60 0.66 0.00 0.00 4.80 5.20 Orange County Sanitation District Cost of Funds on Debt Issues as of June 30, 2024 Cost of Funds Issue Description Outstanding COP Balance Annual Interest Rate (%) 2010A Fixed 2010C Fixed 2016A Fixed 2017A Fixed 2021A Fixed 2022A Fixed 2024A Fixed TOTAL Weighted Avg. Cost of Funds 80,000,000 22,830,000 121,485,000 65,815,000 94,645,000 81,620,000 139,720,000 $606,115,000 3.68 4.11 3.02 2.55 1.06 1.59 2.72 2.53 Quarterly Treasurer’s Report For the Period Ended June 30, 2024 Page 4 of 4 ATTACHMENTS 1. Insight Quarterly Review 2. Insight Quarterly Investment Report 3. Callan Investment Measurement Service Quarterly Review 4. U.S Bank Month End Investment Detail with Accruals 5. U.S. Bank Transaction History 6. Investment Transactions and Balances in LAIF 7. BNY Mellon Owner Controlled Insurance Program Escrow Account 8. PARS Section 115 Trust Quarterly Review 1 2 5.36 4.75 4.40 4.56 3.00 4.00 5.00 6.00 3 m 6 m 1 yr 2 yr 3 yr 4 yr 5 yr 6 yr 7 yr 8 yr 9 yr 10 yr 06/30/24 03/31/24 06/30/23 1MPR02141MPRM0214 FOR PROFESSIONAL CLIENTS ONLY,NOT TO BE DISTRIBUTED TO RETAIL CLIENTSTHIS DOCUMENT SHOULD NOT BE REPRODUCED IN ANY FORM WITHOUT PRIOR WRITTEN APPROVAL PLEASE REFER TO THE RISK DISCLOSURES AT THE BACK OF THIS DOCUMENT Orange County Sanitation Client investment report: Q2 2024 This document has been prepared by Insight North America LLC (INA), a registered investment adviser under the Investment Advisers Act of 1940 and regulated by the US Securities and Exchange Commission. INA is part of ‘Insight’ or ‘Insight Investment’, the corporate brand for certain asset management companies operated by Insight Investment Management Limited including, among others, Insight Investment Management (Global) Limited and Insight Investment International Limited. The performance of Insight is being presented to show the historical performance of the portfolio management team responsible for managing the strategy. The track records presented include all accounts managed by Insight with substantially similar investment objectives, policies and strategies for which the strategy management teams were responsible. Advisory services referenced herein are available in the US only through INA. INA and its Insight affiliates are part of the GIPS®firm Insight Investment, which claims compliance with GIPS. Please refer to the important disclosures at the back of this document. 3MPR0214 •Economic review and outlook •Portfolio update •Compliance summary •Important disclosures Agenda Economic review and outlook 5MPR0214 Source: Citi, as of July 5, 2024. -200 -150 -100 -50 0 50 100 150 200 250 300 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Economic Surprise Index Disappointing macro data A ‘quick-and-dirty’ measure of how the economy stacks up against expectations points to an economy that is cooling Stronger than expected data Weaker than expected data 6MPR0214 Source: Bureau of Labor Statistics, Insight Investment, as of July 2, 2024. March 2022 May 2024 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 Jo b o p e n i n g s r a t e , % Unemployment rate, % Jan. 2001 - Feb. 2022 Mar. 2022 - May 2024 Unemployment rate and job openings rate The labor market balance has largely normalized Going forward, however, further labor market moderation may require a higher unemployment rate, highlighting a delicate trade-off between inflation and unemployment 7MPR0214 Source: Bureau of Labor Statistics, Bureau of Economic Analysis as of June 28, 2024 -4.0 -2.0 0.0 2.0 4.0 6.0 8.0 10.0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 % Core CPI Core PCE Core CPI and core PCE. % 3-m annualized growth rate "The reports of an end to the disinflationary trend are greatly exaggerated" A recent series of positive data prints has alleviated concerns about a potential reacceleration in inflation 8MPR0214 Source: Bureau of Labor Statistics, as of June 6, 2024. -4.0 -2.0 0.0 2.0 4.0 6.0 8.0 1950 1954 1958 1962 1966 1970 1974 1978 1982 1986 1990 1994 1998 2002 2006 2010 2014 2018 2022 % Recessions Growth rate 10-year average Nonfarm business productivity, % year-over-year Is the economy on the verge of a new productivity boom? Sustained productivity gains can boost growth without an accompanying pickup in inflation 9MPR0214 Source: Federal Reserve, as of May 6, 2024. -80 -60 -40 -20 0 20 40 60 80 100 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 % Recession Tightening standards for commerical & industrial loans for small firms Stronger demand for commercial & industrial loans by small firms Standards and demand for commercial and industrial loans, net percent Banks remain cautious with lending standards Demand for credit has also been sluggish due to high interest rates and general economic uncertainty 10MPR0214 Source: Bureau of Economic Analysis, Federal Reserve Bank of New York, Insight Investment as of June 27, 2024. 3.0 5.0 7.0 9.0 11.0 13.0 15.0 650 700 750 800 850 900 950 1,000 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 %$b n Real credit card debt (LHS) Newly delinquent credit card (RHS) Real credit card debt and credit card delinquency rate US consumers are grappling with growing financial stress The rising levels of credit card debt and delinquencies are raising concerns about the outlook for consumer spending 11MPR0214 Source: Macrobond, as of July 1, 2024. -1.0 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 % United States Canada Japan Switzerland United Kigdom Euro area Key central bank policy rates, % “It’s the end of the monetary policy convergence as we know it” Decisions by the European Central Bank, the Swiss National Bank, and the Bank of Canada to start cutting rates put them out of step with the US Fed 12MPR0214 Source: US Department of Treasury, as of June 12, 2024. 0 200 400 600 800 1,000 1,200 Social Security Medicare Net interest Health NationalDefense Income Security VeteransBenefits &Services Education Transportation $b n Cumulative government spending through FY2024, $ billions The US government’s interest bill is going higher Due to an upward shift in interest rates, the cost of servicing US debt has already surpassed defense spending, amplifying concerns about debt sustainability 13MPR0214 Source: Insight, as of June 30, 2024. Any projections or forecasts contained herein are based upon certain assumptions considered reasonable. Projections are speculative in nature and some or all of the assumptions underlying the projections may not materialize or vary significantly from the actual results. Accordingly, the projections are only an estimate. Opinions expressed herein are as of the date stated and are subject to change without notice. Insight assumes no responsibility to update such information or to notify a client of any changes. •The US economy is exhibiting more pronounced signs of slowdown, with the labor market, in particular, shifting to a lower gear •Despite a temporary setback earlier this year, the disinflationary momentum appears to be largely intact, even if it progresses in fits and starts •We believe that distribution of risks to the near-term outlook continue to be evenly balanced Key takeaways 2023 2024 2025 2.4 1.919119999 2.3 3.9 4.9 2.5 4.1 5.4 3.1 Real GDP Consumer Price Index Policy rate (year-end) Portfolio update Orange County Liquid Operating 16MPR0214 Orange County Liquid Operating Portfolio summary as of June 30, 2024 Source: Insight/Northern Trust/Rimes. Inception date for performance purposes: January 31, 2024. Returns are gross of fees. Benchmark history provided at the end of this section Portfolio summary ● Value: $96,650,020 ● Benchmark: ICE BofA US 3-Month Treasury Bill Performance blank 3 months Since inception % % Portfolio 1.38 1.84 Benchmark 1.32 1.78 Relative 0.06 0.06 17MPR0214 Orange County Liquid Operating Portfolio characteristics as of June 30, 2024 Approach used for credit rating: Average. All durations are effective duration. *Excludes Treasury. Top issuers* (%)Holding Fannie Mae 15.45 Federal Home Loan Banks 15.38 Bristol-Myers Squibb Co 5.23 Chevron Corp 4.91 Exxon Mobil Corp 3.89 Novartis Finance Corp 3.09 UnitedHealth Group Inc 3.08 Realty Income Corp 2.48 Simon Property Group LP 2.32 Eli Lilly & Co 2.32 Issuer overweight*Contribution to duration (years) Portfolio Benchmark Relative Federal Home Loan Banks 0.03 -0.03 Fannie Mae 0.01 -0.01 Unilever Capital Corp 0.01 -0.01 Exxon Mobil Corp 0.01 -0.01 Simon Property Group LP 0.00 -0.00 UnitedHealth Group Inc 0.00 -0.00 Bristol-Myers Squibb Co 0.00 -0.00 Eli Lilly & Co 0.00 -0.00 Chevron Corp 0.00 -0.00 Realty Income Corp 0.00 -0.00 Total 0.07 -0.07 Rating (%)Realty n y e a e Uil 79.0 20.9 0.1 100.0 0 50 100 150 AAA AA A BBB BIG Cash NRPortfolioBenchmark Duration (%) n n d l y r y 3.2 23.0 15.7 58.1 100.0 0 40 80 120 1 day 2-7 days 8-30 days 31-90 91-180 181+Portfolio Benchmark Summary Portfolio Benchmark Relative Yield to worst (%)5.3 5.4 -0.1 Effective duration (years)0.1 0.2 -0.1 Average coupon 1.4 0.0 1.4 Average life / Maturity 0.1 0.2 -0.1 Average rating AA AA 18MPR0214 Orange County Liquid Operating Portfolio allocation as of June 30, 2024 Sector (%) Market Value Portfolio Benchmark Relative Agency 30.8 - 30.8 Industrial 18.6 - 18.6 Financial Institutions 11.0 - 11.0 Cash and other 3.2 - 3.2 Treasury 36.3 100.0 -63.7 Total 100.0 100.0 19MPR0214 Orange County Liquid Operating Contribution to duration as of June 30, 2024 All durations are effective duration. Sector Contribution to duration (years) Portfolio Benchmark Relative (CTD) Agency 0.0 - 0.0 Industrial 0.0 - 0.0 Financial Institutions 0.0 - 0.0 Treasury 0.0 0.2 -0.1 Total 0.1 0.2 20MPR0214 Orange County Liquid Operating Contribution to duration as of June 30, 2024 Approach used for credit rating: Average. All durations are effective duration. Ratings Contribution to duration (years) Rating Portfolio Benchmark Relative AAA --- AA 0.07 0.16 -0.09 A 0.02 -0.02 BBB --- BIG --- NR --- Total 0.10 0.16 -0.06 0.1 0.0 0.2 0 1 AAA AA A BBB BIG NR Portfolio Benchmark Duration Contribution to duration (years) Portfolio Benchmark Relative 1 day --- 2-7 days --- 8-30 days 0.01 -0.01 31-90 0.08 0.16 -0.08 91-180 --- 181+--- Total 0.10 0.16 -0.06 0.0 0.1 0.2 0 1 1 day 2-7 days 8-30 days 31-90 91-180 181+ Portfolio Benchmark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range County Long Term 25MPR0214 Orange County Long Term Portfolio summary as of June 30, 2024 Source: Insight/Northern Trust/Rimes. Inception date for performance purposes: January 31, 2024. Returns are gross of fees. Benchmark history provided at the end of this section Portfolio summary ●Value: $698,564,665 ●Benchmark: ICE BofA 1-5 Year AAA-A US Corporate & Government Index Performance blank 3 months Since inception % % Portfolio 0.81 1.31 Benchmark 0.85 1.26 Relative -0.04 0.05 26MPR0214 Orange County Long Term Portfolio characteristics as of June 30, 2024 Approach used for credit rating: Average. All durations are effective duration. *Excludes Treasury. Top issuers* (%)Holding Fannie Mae 6.20 Freddie Mac 5.87 Inter American Development Bank 4.61 International Bank for Reconstruct & Development 4.32 Federal Home Loan Banks 2.18 Bank of America Corp 2.17 Royal Bank of Canada 1.51 JPMorgan Chase & Co 1.49 Morgan Stanley 1.42 UnitedHealth Group Inc 1.27 Issuer overweight*Contribution to duration (years) Portfolio Benchmark Relative Inter American Dev Bank 0.12 0.01 0.11 Freddie Mac 0.10 0.01 0.09 Intrn Bank for Reconstr&Dev 0.10 0.01 0.09 Fannie Mae 0.06 0.01 0.06 Resolution Fund Corp Strip 0.05 -0.05 Federal Home Loan Banks 0.05 0.01 0.04 ERAC USA Finance LLC 0.04 0.00 0.04 Royal Bank of Canada 0.04 0.00 0.04 John Deere Capital Corp 0.04 0.00 0.03 Merck & Co Inc 0.03 0.00 0.03 Total 0.64 0.06 0.59 Rating (%)JPMor a d e A It B 14.8 63.0 22.1 4.2 80.4 15.4 0 50 100 AAA AA A BBB BIG Cash NRPortfolioBenchmark Duration (%) e u a C D k 18.8 17.5 24.7 31.9 7.14.5 34.0 27.0 23.8 10.7 0 10 20 30 40 0-1 1-2 2-3 3-4 4-5 5+Portfolio Benchmark Summary Portfolio Benchmark Relative Yield to worst (%)4.9 4.8 0.1 Effective duration (years)2.4 2.6 -0.1 Average coupon 2.7 2.9 -0.2 Average life / Maturity 2.7 2.7 0.0 Average rating AA AA 27MPR0214 Orange County Long Term Portfolio allocation as of June 30, 2024 Sector (%) Market Value Portfolio Benchmark Relative Agency 13.0 4.9 8.2 Supranational 9.5 2.7 6.9 ABS 5.3 - 5.3 Financial Institutions 15.4 10.7 4.8 Industrial 10.5 5.8 4.6 CMBS 3.1 - 3.1 CMO 0.2 - 0.2 Utility 0.8 0.6 0.2 Cash and other 0.2 - 0.2 Local Authority - 0.7 -0.7 Sovereign - 0.9 -0.9 Treasury 41.9 73.7 -31.8 Total 100.0 100.0 28MPR0214 Orange County Long Term Contribution to duration as of June 30, 2024 All durations are effective duration. Sector Contribution to duration (years) Portfolio Benchmark Relative (CTD) Supranational 0.2 0.1 0.2 Agency 0.2 0.1 0.1 Industrial 0.2 0.1 0.1 Financial Institutions 0.4 0.3 0.1 CMBS 0.1 - 0.1 ABS 0.1 - 0.1 CMO 0.0 - 0.0 Utility 0.0 0.0 0.0 Local Authority - 0.0 0.0 Sovereign - 0.0 0.0 Treasury 1.2 1.9 -0.6 Total 2.4 2.5 29MPR0214 Orange County Long Term Contribution to duration as of June 30, 2024 Approach used for credit rating: Average. All durations are effective duration. Ratings Contribution to duration (years) Rating Portfolio Benchmark Relative AAA 0.30 0.10 0.20 AA 1.62 2.01 -0.39 A 0.51 0.39 0.12 BBB --- BIG --- NR --- Total 2.43 2.51 -0.08 0.3 1.6 0.5 0.1 2.0 0.4 0 1 2 3 AAA AA A BBB BIG NR Portfolio Benchmark Duration Contribution to duration (years) Portfolio Benchmark Relative 0-1 0.12 0.04 0.08 1-2 0.26 0.51 -0.25 2-3 0.62 0.67 -0.04 3-4 1.13 0.84 0.29 4-5 0.30 0.45 -0.15 5+-0.00 0.00 Total 2.43 2.51 -0.08 0.1 0.3 0.6 1.1 0.3 0.0 0.5 0.7 0.8 0.4 0.00 1 2 0-1 1-2 2-3 3-4 4-5 5+ Portfolio Benchmark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)+/0&08/7,)$0,/<6758&785('3)+06.$ 7RWDO*RY WLVVXHG&RPPHUFLDO0RUWJDJH%DFNHG ,QGH[/LQNHG*RYHUQPHQW%RQGV :8 86$75($685<,1)/$7,213527(&7(' -8/ 7RWDO,QGH[/LQNHG*RYHUQPHQW%RQGV 0LVFHOODQHRXV (6&,% (6&01/(+0$1%57+56+/'*55 '0*/(6&52: (6&< (6&01/(+0$1%57+56+/'*559$5 '0*/(6&52: 7RWDO0LVFHOODQHRXV *UDQGWRWDO 41MPR0214 Compliance summary 43MPR0214 1 & 2 –Please see Appendix 1 Reference:Orange County Sanitation District - Administrative Policy Directives and Procedures Manual - Investment Objectives and Parameters Effective Date of Policy:January 8, 2024 Description Policy Guidelines Compliant U.S. Treasuries •10% minimum; 1-year max maturity Yes Federal Agencies •20% max per agency of the U.S. Government, which does not provide the full faith and credit of the U.S. government; 1-year maxmaturity; Securities, obligations, participations, or other instruments of, or issued by, or fully guaranteed as to principal and interest bythe US Government , a federal agency, or a US Government-sponsored enterprise Yes Supranational Obligations •"AA" rated or better by a NRSRO; 30% max; 5-year max maturity; U.S. dollar denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by the International Bank for Reconstruction and Development ("IBRD"), the International FinanceCorporation ("IFC") or the Inter-American Development Bank ("IADB") Yes Municipal Securities •"A" rated or higher by a NRSRO; or as otherwise approved by the Board of Directors; Taxable or tax-exempt municipal bonds issued byany of the 50 states; 10% max; 5% max issuer; 1-year max maturity Yes Corporate Medium-Term Notes •"A" rating category or better by a NRSRO; 30% max; 5% max per issuer; 5-year max maturity; Issued by corporations organized and operating within the U.S. or issued by depository institutions licensed by the U.S. or any state and operating within the U.S.1 with AUM >$500 million Yes, except noted 1 Non- Agency Asset-Backed Securities, Mortgage-Backed Securities, CMOs •"AA" rating category or better by a NRSRO; 20% max (combined MBS/CMO/ABS); 5% max issuer (except U.S. government or itsagencies) ; 5-year max maturity; Mortgage pass-through security, collateralized mortgage obligation, mortgage-backed or other pay-through bond, equipment lease-backed certificate, consumer receivable pass-through certificate, or consumer receivable-backed bond yes Negotiable Certificates of Deposit (NCD)•"A" rating or better long-term debt by a NRSRO; or highest short-term rating for deposits by a NRSRO; or as otherwise approved by theBoard of Directors; 30% max; 5% max issuer; 1-year max maturity; Negotiable certificates of deposit issued by a nationally or state-chartered bank or state of federal savings and loan association, as defined by Section 5102 of the California Financial Code Yes Certificates of Deposit •5% max issuer; 1-year max maturity; Secured (collateralized) time deposits issued by a nationally or state-chartered bank or state orfederal savings and loan association, as defined by Section 5102 of the California Financial Code and having a net operating profit in the two most recently completed fiscal years; Collateral must comply with California Government Code Yes Banker’s Acceptances •A-1 rated or highest short-term rating by a NRSRO; 40% max; 5% max issuer; 180 days max maturity; Acceptance is eligible forpurchase by the Federal Reserve System Yes Portfolio compliance report As of June 30, 2024 44MPR0214 Reference:Orange County Sanitation District - Administrative Policy Directives and Procedures Manual - Investment Objectives and Parameters Effective Date of Policy:January 8, 2024 Description Policy Guidelines Compliant Commercial Paper •A-1 rated or better by a NRSRO; "A" long term debt rating or better by a NRSRO; Issued by a domestic corporation organized and operating in the U.S. with assets > $500 million; 40% max; 5% max issuer; 10% max of the outstanding commercial paper of any singleissuer; 270 days max maturity Yes Mutual Fund & Money Market Mutual Fund •Highest rating or "AAA" rated by two NRSROs; or SEC registered adviser with AUM >$500 million and experience > than 5 years; 20%max in Mutual Funds; 10% max per one Mutual Fund; 20% max per issuer on Money Market Mutual Funds and are not subject to the10% stipulation Yes Local Agency Investment Fund (LAIF)•No more than the statutory maximum may be invested in LAIF; Not used by investment adviser; Investment of OCSD funds in LAIF shallbe subject to investigation and due diligence prior to investing, and on a continual basis to a level of review pursuant to the policy Yes Orange County Treasurer's Money Market Commingled Investment Pool (OCCIP) •15% max; Not used by investment adviser; Orange County Treasurer's Money Market Commingled Investment Pool; Investment of OCSD funds in OCCIP would be subject to investigation and due diligence prior to investing and on continual basis to a level of review pursuant to the policy Yes Repurchase Agreements •20% max; 102% collateralization Yes Reverse Repurchase Agreements •5% max, 90 days max maturity Yes Prohibited •Mortgage Derivatives, which include interest-only payments (IOs) and principal-only payments (POs); Inverse floaters, and RE-REMICS(Real Estate Mortgage Investment Conduits)Yes Securities Downgrade •If securities owned by the OCSD are downgraded below the quality required by the Investment Policy, it shall be OCSD’s policy to reviewthe credit situation and make a determination as to whether to sell or retain such securities in the portfolio. If a decision is made to retainthe downgraded securities in the portfolio, their presence in the portfolio will be monitored and reported quarterly to the OCSD GeneralManager, the Administration Committee and Board of Directors Yes Avg Duration •Not to exceed 180 days in Liquid Operating account Yes Max Per Holding •5% max of the total debt outstanding of any issuer per individual holding Yes Portfolio compliance report (continued) As of June 30, 2024 45MPR0214 2 –Please see Appendix 1 Portfolio compliance report (continued) As of June 30, 2024 Reference:Orange County Sanitation District - Administrative Policy Directives and Procedures Manual - Investment Objectives and Parameters Effective Date of Policy:January 8, 2024 Description Policy Guidelines Compliant Max Per Issuer •5% max per issuer (except Supranationals, U.S. Government, Agencies, Mutual Funds); 20% max per issuer on Money Market Mutual Funds) Yes Maximum Maturity •1-year max maturity per security in Liquid Operating account Yes Maximum Maturity •5-year max maturity per security in Long Term account Yes Maximum Duration •5-year max portfolio effective duration in Long Term account Yes Maximum Duration •Duration of portfolio should be between 80% to 120% in Long Term account Yes 46MPR0214 Portfolio compliance report As of June 30, 2024 Reference:Orange County Sanitation District - Administrative Policy Directives and Procedures Manual - Investment Objectives and Parameters Effective Date of Policy:January 8, 2024 Description Policy Guidelines Appendix 1 • 1 –Medium term notes issued by depository institution not licensed in US. Insight assumed investments from prior OC San advisor. Insight will monitor these investments from a credit perspective and recommends holding these securities until market value sufficiently recover versus purchase costs. Insight will seek to sell these investments as marketopportunities present. Important disclosures 48MPR0214 Orange County Liquid Operating Benchmark history as of June 30, 2024 OCS001A Benchmark history ICE BofA US 3-Month Treasury Bill 03/01/2024 - Present 49MPR0214 Orange County Long Term Benchmark history as of June 30, 2024 OCS001A Benchmark history ICE BofA 1-5 Year AAA-A US Corporate & Government Index 03/01/2024 - Present 50MPR0214 Past performance is not indicative of future results. Investment in any strategy involves a risk of loss which may partly be due to exchange rate fluctuations. The performance results shown, whether net or gross of investment management fees, reflect the reinvestment of dividends and/or income and other earnings. Any gross of fees performance does not include fees and charges and these can have a material detrimental effect on the performance of an investment. The performance shown is for the stated time period(s) only. Any target performance aims are not a guarantee, may not be achieved and a capital loss may occur. Funds which have a higher performance aim generally take more risk to achieve this and so have a greater potential for the returns to be significantly different than expected. Investments are subject to risks, including loss of principal. There can be no guarantee that any investment strategy will meet the liability funding needs of a particular client. Performance information for certain accounts may reflect performance achieved while the account was managed at a prior firm. In addition, the performance and customized benchmark information for these periods are based on Information from 3rd parties that Insight believes to be accurate, but Insight has not independently verified such information and no representation is made regarding its accuracy or completeness. The quoted benchmarks do not reflect deductions for fees, expenses or taxes. These benchmarks are unmanaged and cannot be purchased directly by investors. Benchmark performance is shown for illustrative purposes only and does not predict or depict the performance of any investment. There may be material factors relevant to any such comparison such as differences in volatility, and regulatory and legal restrictions between the indices shown and the strategy. Any currency conversions performed for this presentation, use FX rates as per WM Reuters 4pm spot rates, unless noted otherwise. Funds and portfolios with an ESG objective follow a sustainable or ESG related investment approach, which may cause them to perform differently than funds that are not required to integrate sustainable investment criteria when selecting securities. Funds and portfolios with no ESG objective are not required to integrate sustainable investment criteria when selecting securities so any ESG approach shown is only indicative and there is no guarantee that the specific approach will be applied across the whole portfolio. This is a client report intended for professional clients only. This material is for professional clients only and is not intended for distribution to retail clients. This document must not be used for the purpose of an offer or solicitation in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or otherwise not permitted. This document is intended only for the parties to whom it was delivered or its authorised agents and should not be copied or passed to any other person. Please contact the Client Services Team if there has been any change in your financial circumstances or risk tolerance since the previous valuation that could affect the investment objective of your portfolio. Insight obtains market data and prices from an independent pricing source for all of our currency positions on a daily basis. For trading activity the Clearing broker will be reflected. In certain cases the Clearing broker will differ from the Executing broker. Some information contained in this client report comes from external sources which Insight believes to be reliable. A list of sources is available on request. All statistics represent month end figures unless otherwise noted. It should not be assumed that any of the security transactions or holdings referenced herein have been or will prove to be profitable or that future investment decisions will be profitable or will equal or exceed the past investment performance of the securities listed. Tax treatment depends on the individual circumstances of each investor and may be subject to change in the future. Insight does not provide tax or legal advice to its clients and all investors are strongly urged to seek professional advice regarding any potential strategy or investment. Material in this publication is for general information only and is not advice, investment advice, or the recommendation of any purchase or sale of any security. Insight Investment is the corporate brand for certain companies operated by Insight Investment Management Limited (IIML). Insight includes, among others, Insight Investment Management (Global) Limited (IIMG), Insight Investment International Limited (IIIL) and Insight North America LLC (INA), each of which provides asset management services. This group of companies may be referred to as 'Insight' or 'Insight Investment’. Please compare the information provided in this statement to the information provided in the statement received from your Custodian. This report is not intended to replace your custodial statement which is your official record for all pertinent account information. Please notify us promptly if you do not receive from your custodian on at least a quarterly basis account statements that contain the amount of funds and each security in the account at the end of the period and all transactions in the account during that period. Disclosures OCS001A 51MPR0214 For clients of Insight Investment Management (Global) Limited: Issued by Insight Investment Management (Global) Limited. Registered in England and Wales. Registered office 160 Queen Victoria Street, London EC4V 4LA; registered number 00827982. For clients of Insight Investment Funds Management Limited:Issued by Insight Investment Funds Management Limited. Registered in England and Wales. Registered office 160 Queen Victoria Street, London EC4V 4LA; registered number 01835691. For clients of Insight Investment International Limited:Issued by Insight Investment International Limited (IIIL). Registered in England and Wales. Registered office 160 Queen Victoria Street, London EC4V 4LA; registered number 03169281. IIIL is registered with the Securities and Exchange Commission (SEC) in the United States as an investment adviser and the Commodity Futures Trading Commission (CFTC) as a Commodity Trading Advisor and is a member of the National Futures Authority (NFA); the Ontario Securities Commission (OSC), Alberta Securities Commission (ASC), British Columbia Securities Commission (BCSC), Manitoba Securities Commission (MSC), Nova Scotia Securities Commission (NSSC), Authorities des Marches Financiers and Saskatchewan Financial Services Commission (SFSC) in Canada, and the Financial Services Agency in Japan. Insight Investment Management (Global) Limited, Insight Investment Funds Management Limited and Insight Investment International Limited are authorised and regulated by the Financial Conduct Authority in the UK. Insight Investment Management (Global) Limited and Insight Investment International Limited are authorised to operate across Europe in accordance with the provisions of the European passport under Directive 2004/39 on markets in financial instruments. For clients based in Singapore: This material is for Institutional Investors only. This documentation has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, it and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of Shares may not be circulated or distributed, nor may Shares be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor pursuant to Section 304 of the Securities and Futures Act, Chapter 289 of Singapore (the 'SFA') or (ii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. For clients based in Australia and New Zealand: This material is for wholesale investors only (as defined under the corporations Act in Australia or under the Financial Markets Conduct Act in New Zealand) and is not intended for distribution to, nor should it be relied upon by retail investors. Both Insight Investment Management (Global) Limited and Insight Investment International Limited are exempt from the requirement to hold an Australian financial services licence under the Corporations Act 2001 in respect of the financial services; and both are authorised and regulated by the Financial Conduct Authority (FCA) under UK laws, which differ from Australian laws. If this document is used or distributed in Australia, it is issued by Insight Investment Australia Pty Ltd (ABN 69 076 812 381, AFS license number 230541) located at Level 2, 1-7 Bligh Street, Sydney, NSW 2000. For clients based in North America: This material is for professional clients only and is not intended for distribution to retail clients.Investment advisory services in North America are provided through two different investment advisers registered with the Securities and Exchange Commission (SEC), using the brand Insight Investment: Insight North America LLC (INA) and Insight Investment International Limited (IIIL). The North American investment advisers are associated with other global investment managers that also (individually and collectively) use the corporate brand Insight Investment and may be referred to as 'Insight' or 'Insight Investment'. INA is registered with the CFTC as a Commodity Trading Advisor and a Commodity Pool Operator and are members of the NFA. © 2024 Insight Investment. All rights reserved. Disclosures (continued) OCS001A June 30, 2024 Orange County Sanitation District Investment Measurement Service Quarterly Review Important Disclosures regarding the use of this document are included at the end of this document. These disclosures are an integral part of this document and should be considered by the user. Orange County Sanitation District Executive Summary for Period Ending June 30, 2024 Asset Allocation Performance * Current Quarter Target = 80.0% ML 1-5 Govt/Corp and 20.0% FTSE 3mo T-Bills. Recent Developments ⎯ Effective March 1, 2024 Insight Investment Management became the investment manager for the District’s Long-Term Operating Fund and the Liquid Operating Monies, replacing Chandler Asset Management. Organizational Issues ⎯ N/A June 30, 2024 March 31, 2024 Market Value Weight Net New Inv. Inv. Return Market Value Weight Domestic Fixed IncomeInsight Long Term 694,348,682 87.79%(47,000,000)6,363,325 734,985,357 83.89%Insight Liquid 96,595,670 12.21%(47,000,000)2,446,673 141,148,996 16.11% Total Fund $790,944,351 100.00%$(94,000,000)$8,809,998 $876,134,353 100.00% Last Last Last Last Last 3 5 7 Quarter Year Years Years Years Domestic Fixed IncomeLong Term Operating Fund^0.87% 4.72% 0.19% 1.21% 1.58% Blmbg Govt/Cred 1-5 Year Idx 0.83% 4.66%(0.20%)1.02% 1.45% ML 1-5 Govt/Corp 0.89% 4.77%(0.17%)1.06% 1.49% Liquid Operating Monies^1.30% 5.50% 3.06% 2.23% 2.13% Citigroup 3-Month Treasury Bill 1.37% 5.64% 3.17% 2.22% 2.10% Total Fund 0.91% 4.80% 0.69% 1.39% 1.67%Target*0.98% 4.95% 0.50% 1.29% 1.61% 2 Orange County Sanitation District Fixed Income Market Snapshot — Interest rates were volatile as the markets assessed when and how swiftly the Fed would begin easing. The Bloomberg U.S. Aggregate Bond Index rose 0.1% amid higher rates, bringing its YTD return to -0.7%. The U.S. Treasury 10-year yield rose from 4.20% in 1Q 2024 to 4.36% in 2Q 2024. Ten-year breakeven spreads, a measure of the market’s expectation for inflation over the next decade, decreased from 2.32% to 2.28%. TIPS outperformed nominal U.S. Treasuries (Bloomberg U.S. TIPS: 0.8%; Bloomberg U.S. Treasury: 0.1%). Investment grade corporate bonds were roughly flat versus U.S. Treasuries on a duration-adjusted basis. Investment grade corporate new issuance slowed from record highs in 1Q, but remained robust with $349 billion in new debt, bringing YTD total to $886 billion. High yield corporates (Bloomberg HY: +1.1%) outperformed the investment grade market, and high yield default rates fell to just 1.2%. High yield new issuance in 2Q nearly matched 1Q with $83 billion, bringing YTD total to $172 billion. Leveraged loans performed even better (CS Leveraged Loan: +1.9%). — Municipal bond returns (Bloomberg Municipal: 0.0%) were muted in 2Q. Yields rose most sharply in five- and seven-year maturities (44 bps), causing intermediate indices to underperform the broad market. The Bloomberg Muni 1–10 Year Index fell 0.4% for the quarter. Lower-rated bonds outperformed (AAA: -0.3%; BBB: +0.7%). Issuance in 2024 is more than 40% ahead of last year and the strongest in at least a decade but has been met with strong demand. The Bloomberg Managed Money Short/Intermediate Index fell 0.3%. Investment Manager Performance — The Long Term Operating Fund returned 0.9% in the second quarter, underperforming the ICE Corporate/Government 1-5 Year Index by 2 bps, but outperforming the Bloomberg Government/Credit 1-5 Year Index by 4 bps. The Fund ranked 94th percentile in the Callan Short Term Fixed Income peer group. Over the last year, the portfolio returned 4.7%, underperforming the ICE benchmark by 5 bps, but outperforming the Bloomberg benchmark by 6 bps. The Fund ranked 97th percentile. — The Liquid Operating Money rose 1.3% (net) over the quarter, underperforming the Citigroup 3-Month Treasury Bill Index by 11 bps, and ranking 57th percentile in the Callan Money Market Funds peer group. Over the last year, the portfolio returned 5.3% (net), underperforming the benchmark by 30 bps, and ranking 48th percentile. Please reach out to me should you have any questions or need any additional information. Cordially, Alexander Ford Senior Vice President, Fund Sponsor Consulting Callan LLC Table of Contents June 30, 2024 Capital Market Review 1 Active Management Overview Market Overview 7 Domestic Fixed Income 8 Asset Allocation Investment Manager Asset Allocation 10 Investment Manager Returns 11 Asset Class Risk and Return 15 Manager Analysis Chandler-Long Term Operating Fund 17 Chandler-Liquid Operating Money 21 Callan Research/Education 23 Definitions 26 Disclosures 3131 Capital Market Review Russell 3000 Russell 1000 Russell 1000 Growth Russell 1000 Value S&P 500 Russell Midcap Russell 2500 Russell 2000 U.S. Equity: Quarterly Returns 3.2% 3.6% 8.3% -2.2% 4.3% -3.3% -4.3% -3.3% Russell 3000 Russell 1000 Russell 1000 Growth Russell 1000 Value S&P 500 Russell Midcap Russell 2500 Russell 2000 U.S. Equity: One-Year Returns 23.1% 23.9% 33.5% 13.1% 24.6% 12.9% 10.5% 10.1% Source: S&P Dow Jones Indices S&P Sector Returns, Quarter Ended 6/30/24 Last Quarter 9.4% 0.6%1.4% -2.4%-2.0%-1.0% -2.9% 13.8% -4.5% -1.9% 4.7% Services Communication Discretionary Consumer Staples Consumer Energy Financials Health Care Industrials Technology Information Materials Real Estate Utilities U.S. EQUITIES Broad indices exhibit strong start to 2024 –The U.S. equity markets had an exceptional start with the S&P 500 hitting 31 record highs over the first six months of 2024 and gaining 15.3%. –Index returns continue to be driven by a handful of stocks, especially the “Magnificent Seven,” which comprised 33% of the S&P 500 as of quarter-end. As a group, the cohort gained 33% in the first six months of the year, far exceeding the S&P 493 gain of only 5%. Performance underlying indices is uneven –2Q returns for the broad index were modest at 4.3%, but sector performance was quite mixed, ranging from -4.5% (Materials) to +13.8% (Technology), with 6 of the 11 S&P 500 sectors posting negative returns during the period. –During 2Q, value (R1000V: -2.2%) continued to underperform growth (R1000G: +8.3%) and small cap (R2000: -3.3%) continued to underperform large cap (R1000: +3.6%). –The “Magnificent Seven” stocks pushed large cap indices to record highs while the rest of the market traded sideways. –Magnificent Seven stocks accounted for 116% of S&P 500 total return in 2Q24. –YTD 2024, the bucket of Magnificent Seven stocks handily outperformed the equal weight S&P 500 Index and small cap Russell 2000 Index returns. –Magnificent Seven returns over the trailing 3½ years (dating back to 2021) drove a large contribution of total index returns relative to the remaining ~493 stocks in the S&P 500. –Market concentration has hit its highest level since 1972. The top 10 stocks have broken away from stocks #11-#50 to an even greater degree than in the tech bubble in 2000-01. –The largest and most successful stocks were generating more earnings, earnings growth, and cash relative to the smaller stocks in the index. Price appreciation for the largest stocks is supported by strong earnings growth and robust economic profits. Capital Markets Overview 2Q24 Sources: FTSE Russell, S&P Dow Jones Indices Capital Markets Overview (continued) 2Q24 MSCI EAFE MSCI ACWI MSCI World MSCI ACWI ex USA MSCI World ex USA MSCI ACWI ex USA SC MSCI World ex USA SC MSCI Europe ex UK MSCI United Kingdom MSCI Pacific ex Japan MSCI Japan MSCI Emerging Markets MSCI China MSCI Frontier Markets Global Equity: Quarterly Returns -0.4% 2.9% 2.6% 1.0% -0.6% 0.7% -1.6% -0.4% 3.7% 2.5% -4.3% 5.0% 7.1% 0.6% MSCI EAFE MSCI ACWI MSCI World MSCI ACWI ex USA MSCI World ex USA MSCI ACWI ex USA SC MSCI World ex USA SC MSCI Europe ex UK MSCI United Kingdom MSCI Pacific ex Japan MSCI Japan MSCI Emerging Markets MSCI China MSCI Frontier Markets Global Equity: One-Year Returns 11.5% 19.4% 20.2% 11.6% 11.2% 11.3% 7.8% 11.5% 12.5% 6.8% 13.1% 12.5% -1.6% 12.3% Source: MSCI GLOBAL EQUITIES Broad market –The U.S. continued its lead over developed non-U.S. markets resulting in a positive ACWI return. –Developed non-U.S. markets struggled with growing uncertainty on future economic growth, political instability, and divergent central bank policies. –Small caps once again trailed large caps in a higher interest rate environment and amid exchange rate volatility. Emerging markets –Emerging markets rebounded, snapping a two-quarter losing streak relative to developed markets as both China and India produced strong returns. –China’s GDP growth exceeded expectations with a rebound in industrial production, manufacturing, and exports. Further, the Chinese government implemented several measures to support capital markets. Growth vs. value –Growth and value saw little difference, as much of the caution was driven around macro concerns about future growth and a growing risk of a recession. U.S. dollar strength –The U.S. Dollar Index (DXY), was relatively flat in 2Q due to a balancing act of increased global uncertainty but a more likely 2024 U.S. central bank rate cut. China experiences significant decline –Mainland China’s allocation within the MSCI EM Index and active EM equity strategies has steadily declined since peaking in 2020. Sluggish growth with weak home sales and deflationary pressures combined with heightened geopolitical risks have been contributors. Taiwan increases with Taiwan Semiconductor strength –Despite Taiwan’s related geopolitical concerns to mainland China, Taiwan has seen increasing allocations in the index and across managers. The largest stock in the MSCI Taiwan Index, Taiwan Semiconductor, which accounts for ~50% of the index, continues to exhibit robust growth as the global leader in semiconductor manufacturing. India continues rapid growth –Benefiting from positive demographics with a large growing working population, India has experienced one of the highest real GDP growth rates globally in recent years when compared to other major countries/regions. –India’s growth within the MSCI EM Index and manager allocations has been nearly the mirror image to China’s allocations since 2020. Bloomberg Gov/Cr 1-3 Yr Bloomberg Interm Gov/Cr Bloomberg Aggregate Bloomberg Long Gov/Cr Bloomberg Universal CS Leveraged Loans Bloomberg High Yield Bloomberg TIPS U.S. Fixed Income: Quarterly Returns 1.0% 0.6% 0.1% -1.7% 0.2% 1.9% 1.1% 0.8% Bloomberg Gov/Cr 1-3 Yr Bloomberg Interm Gov/Cr Bloomberg Aggregate Bloomberg Long Gov/Cr Bloomberg Universal CS Leveraged Loans Bloomberg High Yield Bloomberg TIPS U.S. Fixed Income: One-Year Returns 4.9% 4.2% 2.6% -1.6% 3.5% 11.0% 10.4% 2.7% 0% 1% 2% 3% 4% 5% 6% 0 5 10 15 20 25 30 U.S. Treasury Yield Curves U.S. FIXED INCOME Macro environment –Fed on hold awaiting more evidence that inflation is under control as economy remained resilient –10-year U.S. Treasury yield up modestly from 4.21% to 4.36% –Curve remained inverted Performance and drivers –The Bloomberg US Aggregate Index rose 0.1% amid higher rates. –Corporates and most securitized sectors were roughly flat vs. U.S. Treasuries on a duration-adjusted basis. –Lower quality outperformed, with high yield corporates and leveraged loans posting the best returns. –Longer maturity underperformed short and intermediate strategies as curve steepened from 5 years out to 30. Valuations –Corporate credit remains rich with spreads near historical tights. –Default rates fell to just 1.2% for HY and 1.1% for bank loans. –Corporate bond issuance remained robust –IG corporate new issuance slowed from record highs in 1Q but remained robust with $349 billion in new debt, bringing YTD total to $886 billion. –HY new issuance in 2Q nearly matched 1Q with $83 billion, bringing YTD total to $172 billion. –Both were met with strong investor demand. Rate cut expectations –Strong April jobs reports and sticky inflation readings initially drove intermediate- and long-term rates higher, sending the 10-year Treasury 50 bps higher and reducing the 2s10s inversion to just -24 bps. –Markets reacted with reduced expectations for Fed rate cuts. Entering 2024, Fed Funds futures priced in at least six cuts for the year; that declined to around one as of April. –However, subsequent data, including easing inflation, brought rates back close to where they started, with the 10- year Treasury ending the quarter 16 bps higher. Capital Markets Overview (continued) 2Q24 Sources: Bloomberg, Credit Suisse 6/30/2024 3/31/2024 12/31/2023 12/31/2022 12/31/2021 Bloomberg Global Aggregate Bloomberg Global Agg (hdg) Bloomberg Global High Yield Bloomberg Global Agg ex US JPM EMBI Global Diversified JPM GBI-EM Global Diversified JPM EMBI Gl Div/JPM GBI-EM Gl Div JPM CEMBI Global Fixed Income: Quarterly Returns -1.1% 0.1% 1.0% -2.1% 0.3% -1.6% -0.7% 1.4% Bloomberg Global Aggregate Bloomberg Global Agg (hdg) Bloomberg Global High Yield Bloomberg Global Agg ex US JPM EMBI Global Diversified JPM GBI-EM Global Diversified JPM EMBI Gl Div/JPM GBI-EM Gl Div JPM CEMBI Global Fixed Income: One-Year Returns 0.9% 4.2% 11.8% -0.7% 9.2% 0.7% 4.9% 8.1% 20 bps 20 bps 24 bps 4 bps 33 bps 0123456789101112131415161718192021222324252627282930313233 U.S. Treasury Germany U.K. Canada Japan 1Q24 to 2Q24 Change in 10-Year Global Government Bond Yields MUNICIPAL BONDS Higher quality municipal bonds post flat returns in 2Q –Muni bond yields climbed more than U.S. Treasury yields. –10-year AAA municipal bond yield rose 33 bps to 2.84%. –10-year U.S. Treasury yield ended 2Q at 4.36% from 4.21%. –YTD issuance ($235 billion, up 37% YOY) has been met by strong demand with $11.4 billion in positive flows to municipal bond funds. BBB performs best for the quarter and year –AAA: -0.28% –AA: -0.11% –A: +0.22% –BBB: +0.68% Muni valuations vs. U.S. Treasuries remain rich –10-year AAA Muni/10-year U.S. Treasury yield ratio increased to 65%, but remains below the 10-year median –Fundamentals for state and local governments remain sound as upgrades continue to surpass downgrades. –The need for increased infrastructure spending could benefit municipal bond issuance in years to come. GLOBAL FIXED INCOME Macro environment –Developed market rates rose further in 2Q. –In June, the Bank of Canada lowered its overnight rate, and the European Central bank cut rates for the first time in five years as growth and inflation moderated. –Japan's 10-year government bond yield rose above 1% for the first time since 2013. U.S. dollar continues to strengthen –Major currencies generally continued to weaken relative to the U.S. dollar, albeit at a slower pace from 2Q, detracting from unhedged returns. –Hedged investors were flat for the quarter following the increase in yields. Emerging market debt is similarly lackluster –India was added to the JPM GBI-EM suite of indices in June. –EM hard currency rose 0.3% while the local currency JPM EMBI Global Diversified Index declined 1.6% as the U.S. dollar generally if modestly strengthened relative to local currencies. Capital Markets Overview (continued) 2Q24 Sources: Bloomberg, JP Morgan Active Management Overview Market Overview Active Management vs Index Returns Market Overview The charts below illustrate the range of returns across managers in Callan’s Separate Account database over the most recent one quarter and one year time periods. The database is broken down by asset class to illustrate the difference in returns across those asset classes. An appropriate index is also shown for each asset class for comparison purposes. As an example, the first bar in the upper chart illustrates the range of returns for domestic equity managers over the last quarter. The triangle represents the S&P 500 return. The number next to the triangle represents the ranking of the S&P 500 in the Large Cap Equity manager database. Range of Separate Account Manager Returns by Asset Class One Quarter Ended June 30, 2024 Re t u r n s (8%) (6%) (4%) (2%) 0% 2% 4% 6% 8% 10% Large Cap Small Cap Non-US Domestic Non-US Real Equity Equity Equity Fixed Income Fixed Income Estate vs vs vs vs vs vs S&P 500 Russell 2000 MSCI EAFE Blmbg Aggr Bd Citi Non-US Govt NCREIF Index (39) (56) (69)(93) (69) (32) 10th Percentile 7.76 (0.23)2.02 0.39 (0.63)0.5425th Percentile 5.94 (1.67)1.10 0.33 (1.80)(0.11) Median 2.89 (3.01)0.23 0.25 (1.85)(0.62) 75th Percentile (1.06)(4.19)(0.72)0.16 (3.63)(1.07)90th Percentile (2.55)(5.32)(1.59)0.08 (5.00)(1.82) Index 4.28 (3.28)(0.42)0.07 (2.84)(0.26) Range of Separate Account Manager Returns by Asset Class One Year Ended June 30, 2024 Re t u r n s (30%) (20%) (10%) 0% 10% 20% 30% 40% 50% Large Cap Small Cap Non-US Domestic Non-US Real Equity Equity Equity Fixed Income Fixed Income EstatevsvsvsvsvsvsS&P 500 Russell 2000 MSCI EAFE Blmbg Aggr Bd Citi Non-US Govt NCREIF Index (53) (63)(44) (90) (70)(42) 10th Percentile 36.41 17.28 17.28 4.22 3.40 2.42 25th Percentile 31.53 14.78 14.28 3.77 2.03 (1.70)Median 25.34 11.65 11.15 3.34 1.57 (6.40)75th Percentile 17.31 8.16 8.24 3.03 (4.46)(10.41)90th Percentile 13.89 5.05 6.10 2.63 (4.66)(14.57) Index 24.56 10.06 11.54 2.63 (2.19)(5.53) 7Orange County Sanitation District Domestic Fixed Income Active Management Overview The Bloomberg US Aggregate Bond Index (+0.1%) was flat in 2Q, bringing its YTD return to -0.7%. The yield on the 10-year U.S. Treasury climbed from 4.20% to 4.36% over the quarter. The yield curve steepened slightly but remained inverted at tje front-end. As a result, intermediate and long-term maturities underperformed. High yield (Bloomberg High Yield: +1.1%) and bank loans (Morningstar Leveraged Loan: +1.9%) performed well. Valuations across the credit spectrum, as measured by spreads, remained rich from a historical perspective. Supply for investment grade and high yield issuers was robust but met with strong demand. Separate Account Style Group Median Returns for Quarter Ended June 30, 2024 (3%) (2%) (1%) 0% 1% 2% 3% 1.09 Defensive 0.71 Intermed 0.25 CoreBond 0.42 Core Plus (1.59 ) ExtendedMaturity 1.92 BankLoans 1.33 High Yield Re t u r n s Blmbg Aggregate:0.07% Blmbg High Yield:1.09% Blmbg Long Gov/Cred:(1.73%) Separate Account Style Group Median Returns for One Year Ended June 30, 2024 (5%) 0% 5% 10% 15% 5.63 Defensive 4.62 Intermed 3.34 Core Bond 4.31 Core Plus (0.81 ) Extended Maturity 10.90 Bank Loans 10.42 High Yield Re t u r n s Blmbg Aggregate:2.63% Blmbg High Yield:10.44% Blmbg Long Gov/Cred:(1.58%) 8Orange County Sanitation District Asset Allocation Investment Manager Asset Allocation The table below contrasts the distribution of assets across the Fund’s investment managers as of June 30, 2024, with the distribution as of March 31, 2024. The change in asset distribution is broken down into the dollar change due to Net New Investment and the dollar change due to Investment Return. Asset Distribution Across Investment Managers June 30, 2024 March 31, 2024 Market Value Weight Net New Inv. Inv. Return Market Value Weight Domestic Fixed Income Insight Long Term 694,348,682 87.79%(47,000,000)6,363,325 734,985,357 83.89% Insight Liquid 96,595,670 12.21%(47,000,000)2,446,673 141,148,996 16.11% Total Fund $790,944,351 100.00%$(94,000,000)$8,809,998 $876,134,353 100.00% *Insight replaced Chandler during the 1st quarter of 2024. Assets were transferred in-kind as of 03/01/2024. 10Orange County Sanitation District Investment Manager Returns The table below details the rates of return for the Fund’s investment managers over various time periods ended June 30, 2024. Negative returns are shown in red, positive returns in black. Returns for one year or greater are annualized. The first set of returns for each asset class represents the composite returns for all the fund’s accounts for that asset class. Returns for Periods Ended June 30, 2024 Last Last Last Last Last 3 5 7 Quarter Year Years Years Years Domestic Fixed Income Long Term Operating Fund^0.87%4.72% 0.19% 1.21% 1.58% Blmbg Govt/Cred 1-5 Year Idx 0.83% 4.66%(0.20%)1.02% 1.45% ML 1-5 Govt/Corp 0.89%4.77%(0.17%)1.06% 1.49% Liquid Operating Monies^1.30%5.50% 3.06% 2.23% 2.13% Citigroup 3-Month Treasury Bill 1.37% 5.64% 3.17% 2.22% 2.10% Total Fund 0.91% 4.80% 0.69% 1.39% 1.67% Target*0.98%4.95% 0.50% 1.29% 1.61% * Current Quarter Target = 80.0% ICE Corp/Gov 1-5 Yr and 20.0% FTSE 3 Mo T-Bill. ^Assets were transferred in kind to Insight on 3/1/2024. Performance from 12/1/2014 to 3/1/2024 represents Chandler. Previous performance reflects PIMCO. 11Orange County Sanitation District Investment Manager Returns The table below details the rates of return for the Fund’s investment managers over various time periods ended June 30, 2024. Negative returns are shown in red, positive returns in black. Returns for one year or greater are annualized. The first set of returns for each asset class represents the composite returns for all the fund’s accounts for that asset class. Returns for Periods Ended June 30, 2024 Last Last Last 10 15 28-3/4 Years Years Years Domestic Fixed Income Long Term Operating Fund^1.50%2.00%3.72% Blmbg Govt/Cred 1-5 Year Idx 1.42%1.83%3.55% ML 1-5 Govt/Corp 1.45%1.89%3.58% Liquid Operating Monies^1.60%1.13%2.52% Citigroup 3-Month Treasury Bill 1.53%1.05%2.27% Total Fund 1.49%1.84%3.53% Target*1.47%1.72%3.32% * Current Quarter Target = 80.0% ICE Corp/Gov 1-5 Yr and 20.0% FTSE 3 Mo T-Bill. ^Assets were transferred in kind to Insight on 3/1/2024. Performance from 12/1/2014 to 3/1/2024 represents Chandler. Previous performance reflects PIMCO. 12Orange County Sanitation District Investment Manager Returns The table below details the rates of return for the Fund’s investment managers over various time periods. Negative returns are shown in red, positive returns in black. Returns for one year or greater are annualized. The first set of returns for each asset class represents the composite returns for all the fund’s accounts for that asset class. 12/2023- 6/2024 2023 2022 2021 2020 Domestic Fixed Income Long Term Operating Fund^1.15%4.96%(4.75%) (0.79%)4.42% Blmbg Govt/Cred 1-5 Year Idx 0.97%4.89%(5.50%) (0.97%)4.71% ML 1-5 Govt/Corp 1.09%4.89%(5.54%) (0.87%)4.65% Liquid Operating Monies^2.66%5.17% 1.30% 0.15% 0.84% Citigroup 3-Month Treasury Bill 2.76% 5.26% 1.50% 0.05% 0.58% Total Fund 1.39% 5.01%(3.70%) (0.61%)3.73% Target*1.42%4.97%(4.16%) (0.68%)3.82% * Current Quarter Target = 80.0% ICE Corp/Gov 1-5 Yr and 20.0% FTSE 3 Mo T-Bill. ^Assets were transferred in kind to Insight on 3/1/2024. Performance from 12/1/2014 to 3/1/2024 represents Chandler. Previous performance reflects PIMCO. 13Orange County Sanitation District Investment Manager Returns The table below details the rates of return for the Fund’s investment managers over various time periods. Negative returns are shown in red, positive returns in black. Returns for one year or greater are annualized. The first set of returns for each asset class represents the composite returns for all the fund’s accounts for that asset class. 2019 2018 2017 2016 2015 Domestic Fixed Income Long Term Operating Fund^4.70%1.60% 1.18% 1.58% 0.85% Blmbg Govt/Cred 1-5 Year Idx 5.01% 1.38% 1.27% 1.56% 0.97% ML 1-5 Govt/Corp 5.08% 1.40% 1.28% 1.62% 1.05% Liquid Operating Monies^2.39% 1.90% 0.91% 0.47% 0.22% Citigroup 3-Month Treasury Bill 2.25% 1.86% 0.84% 0.27% 0.03% Total Fund 4.26% 1.72% 1.02% 1.15% 0.80% Target*4.51%1.49% 1.19% 1.35% 0.85% * Current Quarter Target = 80.0% ICE Corp/Gov 1-5 Yr and 20.0% FTSE 3 Mo T-Bill. ^Assets were transferred in kind to Insight on 3/1/2024. Performance from 12/1/2014 to 3/1/2024 represents Chandler. Previous performance reflects PIMCO. 14Orange County Sanitation District Asset Class Risk and Return The charts below show the seven year annualized risk and return for each asset class component of the Total Fund. The first graph contrasts these values with those of the appropriate index for each asset class. The second chart contrasts them with the risk and return of the median portfolio in each of the appropriate CAI comparative databases. In each case, the crosshairs on the chart represent the return and risk of the Total Fund. Seven Year Annualized Risk vs Return Asset Classes vs Benchmark Indices 0.8%1.0%1.2%1.4%1.6%1.8%2.0%2.2%2.4%2.6%2.8%3.0% 1.40% 1.50% 1.60% 1.70% 1.80% 1.90% 2.00% 2.10% 2.20% Total Fund FTSE 3 Mo T-Bill Total Fund Target Blmbg Gov/Cred 1-5 Yr ICE Corp/Gov 1-5 Yr Standard Deviation Re t u r n s Seven Year Annualized Risk vs Return Asset Classes vs Asset Class Median 0.8%1.0%1.2%1.4%1.6%1.8%2.0%2.2%2.4% 1.60% 1.70% 1.80% 1.90% 2.00% 2.10% Total Fund Callan Money Market Funds Callan Short Fixed Inc Standard Deviation Re t u r n s 15Orange County Sanitation District Manager Analysis Long Term Operating Fund Period Ended June 30, 2024 Investment Philosophy Standish Mellon’s 1-5 Year strategy seeks to capitalize on market inefficiencies, use multiple sources of alpha and make diverse bets in an effort to achieve superior total return versus the Barclays Capital Aggregate Index over a full market cycle on an absolute and risk-adjusted basis. We employ a disciplined team structure that relies on fundamental proprietary analysis and research to identify individual securities with the greatest capital appreciation potential. We customize every portfolio to meet each client’s return objectives, liquidity needs, and risk tolerance. We emphasize diversification across sectors, industries, issuers and credit quality. Under most circumstances, we limit our duration exposure to within a range of +/- 15% versus the benchmark. We add value for our clients’ portfolios by using a disciplined team structure that relies on fundamental, proprietary research analysis to identify individual securities with the greatest capital appreciation potential. Assets were transferred in kind to Insight on 3/1/2024. Performance from 12/1/2014 to 3/1/2024 represents Chandler. Previous performance reflects PIMCO. Quarterly Summary and Highlights Long Term Operating Fund’s portfolio posted a 0.87% return for the quarter placing it in the 94 percentile of the Callan Short Term Fixed Income group for the quarter and in the 97 percentile for the last year. Long Term Operating Fund’s portfolio underperformed the ICE Corp/Gov 1-5 Yr by 0.01% for the quarter and underperformed the ICE Corp/Gov 1-5 Yr for the year by 0.05%. Quarterly Asset Growth Beginning Market Value $734,985,357 Net New Investment $-47,000,000 Investment Gains/(Losses)$6,363,325 Ending Market Value $694,348,682 Performance vs Callan Short Term Fixed Income (Gross) (2%)(1%)0%1%2%3%4%5%6%7%8% Last Quarter Last Last 3 Years Last 5 Years Last 9-1/2 Last 7 Years Last 10 Years Last 28-3/4 Year Years Years A(94)B(97)(93) A(97)B(97)(95) A(91)B(98)(98) A(95)B(99)(99)A(88)B(96)(89)A(94)B(98)(98)A(85)B(95)(91) A(35)B(56)(50) 10th Percentile 1.27 6.78 2.00 2.35 2.41 2.56 2.34 4.0525th Percentile 1.14 5.97 1.39 2.04 2.11 2.18 1.99 3.77Median 1.09 5.63 1.10 1.78 1.87 2.02 1.80 3.58 75th Percentile 1.04 5.21 0.77 1.54 1.75 1.81 1.69 3.39 90th Percentile 0.94 4.91 0.37 1.36 1.49 1.65 1.46 3.05 Long TermOperating Fund A 0.87 4.72 0.19 1.21 1.53 1.58 1.50 3.72 Blmbg Govt/Cred 1-5 Year Idx B 0.83 4.66 (0.20)1.02 1.46 1.45 1.42 3.55 ICE Corp/Gov 1-5 Yr 0.89 4.77 (0.17)1.06 1.49 1.49 1.45 3.58 Relative Return vs ICE Corp/Gov 1-5 Yr Re l a t i v e R e t u r n s (0.8%) (0.6%) (0.4%) (0.2%) 0.0% 0.2% 0.4% 0.6% 0.8% 17 2018 2019 2020 2021 2022 2023 24 Long Term Operating Fund Callan Short Term Fixed Income (Gross) Annualized Seven Year Risk vs Return 0 1 2 3 4 5 6 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% Long Term Operating Fund ICE Corp/Gov 1-5 Yr Blmbg Govt/Cred 1-5 Year Idx Standard Deviation Re t u r n s 17Orange County Sanitation District Long Term Operating Fund Return Analysis Summary Return Analysis The graphs below analyze the manager’s return on both a risk-adjusted and unadjusted basis. The first chart illustrates the manager’s ranking over different periods versus the appropriate style group. The second chart shows the historical quarterly and cumulative manager returns versus the appropriate market benchmark. The last chart illustrates the manager’s ranking relative to their style using various risk-adjusted return measures. Assets were transferred in kind to Insight on 3/1/2024. Performance from 12/1/2014 to 3/1/2024 represents Chandler. Previous performance reflects PIMCO. Performance vs Callan Short Term Fixed Income (Gross) (8%) (6%) (4%) (2%)0%2% 4% 6% 8% 12/23- 6/24 2023 2022 2021 2020 2019 2018 2017 2016 2015 A(97)B(98)98 A(81)B(86)86 A(81)B(95)95 A(89)B(99)94 B(23)A(33)24 B(22)A(35)20 A(66)B(87)86 B(59)A(65)58 A(48)B(49)47 B(34)A(61)26 10th Percentile 2.55 6.38 (1.90)0.75 5.12 5.48 2.02 2.30 2.81 1.18 25th Percentile 2.00 5.74 (2.90)0.14 4.55 4.96 1.83 1.76 2.19 1.05Median 1.83 5.39 (3.34) (0.22)3.98 4.53 1.69 1.34 1.55 0.9075th Percentile 1.63 5.05 (4.49) (0.45)3.56 4.06 1.53 0.97 1.16 0.7690th Percentile 1.32 4.82 (4.93) (0.82)2.41 3.56 1.33 0.66 1.04 0.62 Long TermOperating Fund A 1.15 4.96 (4.75) (0.79)4.42 4.70 1.60 1.18 1.58 0.85Blmbg Govt/Cred1-5 Year Idx B 0.97 4.89 (5.50) (0.97)4.71 5.01 1.38 1.27 1.56 0.97 ICE Corp/Gov1-5 Yr 1.09 4.89 (5.54) (0.87)4.65 5.08 1.40 1.28 1.62 1.05 Cumulative and Quarterly Relative Returns vs ICE Corp/Gov 1-5 Yr Qu a r t e r l y R e l a t i v e R e t u r n s Cu m u l a t i v e R e l a t i v e R e t u r n s (0.6%) (0.4%) (0.2%) 0.0% 0.2% 0.4% 0.6% 0.8% (6%) (4%) (2%) 0% 2% 4% 6% 8% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Long Term Operating Fund Blmbg Govt/Cred 1-5 Year Idx Callan Short Fixed Inc Risk Adjusted Return Measures vs ICE Corp/Gov 1-5 Yr Rankings Against Callan Short Term Fixed Income (Gross) Seven Years Ended June 30, 2024 (0.6)(0.4)(0.2)0.00.20.40.60.81.01.2 Alpha Sharpe Excess Return Ratio Ratio A(85)B(89)A(87)B(92) A(81) B(99) 10th Percentile 0.92 0.15 0.6425th Percentile 0.56 0.05 0.52 Median 0.36 (0.02)0.41 75th Percentile 0.18 (0.12)0.31 90th Percentile (0.06)(0.21)0.15 Long Term Operating Fund A 0.03 (0.19)0.23 Blmbg Govt/Cred 1-5 Year Idx B (0.03)(0.22)(0.30) 18Orange County Sanitation District Long Term Operating Fund Bond Characteristics Analysis Summary Portfolio Characteristics This graph compares the manager’s portfolio characteristics with the range of characteristics for the portfolios which make up the manager’s style group. This analysis illustrates whether the manager’s current holdings are consistent with other managers employing the same style. Fixed Income Portfolio Characteristics Rankings Against Callan Short Term Fixed Income as of June 30, 2024 (1) 0 1 2 3 4 5 6 7 Average Effective Coupon OA Duration Life Yield Rate Convexity (17)(10)(29)(13) (98) (96)(94) (10)(11) 10th Percentile 2.59 3.21 6.21 5.06 0.0925th Percentile 2.02 2.80 5.58 4.60 0.05Median1.86 2.25 5.35 4.21 0.03 75th Percentile 1.78 1.99 5.15 3.67 0.00 90th Percentile 1.05 1.60 5.02 3.35 (0.08) Long Term Operating Fund 2.43 2.65 -2.67 0.09 ICE Corp/Gov 1-5 Yr 2.60 3.07 4.87 3.09 0.09 Sector Allocation and Quality Ratings The first graph compares the manager’s sector allocation with the average allocation across all the members of the manager’s style. The second graph compares the manager’s weighted average quality rating with the range of quality ratings for the style. Sector Allocation June 30, 2024 0%10%20%30%40%50%60%70%80% US Trsy 41.931.2 64.6 Gov Related 26.3 50 % Mg r M V 50 % Mg r M V 0.7 8.1 Corp (incl 144A) 23.0 42.427.3 ABS 5.3 19.0 CMBS 3.13.9 CMOs 0.20.2 Other 0.1 RMBS 2.0 Cash 0.6 Long Term Operating Fund Callan Short Term Fixed Income ICE Corp/Gov 1-5 Yr Quality Ratings vs Callan Short Term Fixed Income A- A A+ AA- AA AA+ AAA Trsy Weighted Average Quality Rating (66)(66) 10th Percentile AA+25th Percentile AAMedianAA 75th Percentile AA- 90th Percentile A Long TermOperating Fund AA ICE Corp/Gov 1-5 Yr AA 19Orange County Sanitation District Long Term Operating Fund Portfolio Characteristics Summary As of June 30, 2024 Portfolio Structure Comparison The charts below compare the structure of the portfolio to that of the index from the three perspectives that have the greatest influence on return. The first chart compares the two portfolios across sectors. The second chart compares the duration distribution. The last chart compares the distribution across quality ratings. Sector Allocation Long Term Operating Fund US Trsy 42% Cash 0% Gov Related 26% RMBS 0% Corp (incl 144A) 23% Other 0% ABS 5% CMOs 0% CMBS3% ML:Corp/Gov 1-5 Yr US Trsy 65% Gov Related8% Corp (incl 144A) 27% Duration Distribution 0% 10% 20% 30% 40% 50% 60% 70% 80% <1 18.8 2.3 1-3 42.2 61.4 3-5 39.0 36.3 5-7 0.0 0.0 7-10 0.0 0.0 >10 0.0 0.0 Years Duration Pe r c e n t o f P o r t f o l i o Weighted Average:Duration Long Term Operating Fund: ML:Corp/Gov 1-5 Yr: 2.43 2.60 Quality Distribution 0% 20% 40% 60% 80% 100% AAA 14.8 3.7 AA 63.0 70.2 A 22.1 13.4 BBB 0.0 12.7 BB 0.0 0.1 B 0.0 0.0 CCC 0.0 0.0 CC 0.0 0.0 C 0.0 0.0 N/R 0.1 0.0 Quality Rating Pe r c e n t o f P o r t f o l i o Weighted Average:Quality Long Term Operating Fund: ML:Corp/Gov 1-5 Yr: AA AA 20Orange County Sanitation District Liquid Operating Money Period Ended June 30, 2024 Investment Philosophy Assets were transferred in kind to Insight on 3/1/2024. Performance from 12/1/2014 to 3/1/2024 represents Chandler. Previous performance reflects PIMCO. Quarterly Summary and Highlights Liquid Operating Money Net’s portfolio posted a 1.26% return for the quarter placing it in the 57 percentile of the Callan Money Market Funds group for the quarter and in the 48 percentile for the last year. Liquid Operating Money Net’s portfolio underperformed the Citigroup 3-Month Treasury Bill by 0.11% for the quarter and underperformed the Citigroup 3-Month Treasury Bill for the year by 0.30%. Quarterly Asset Growth Beginning Market Value $141,148,996 Net New Investment $-47,000,000 Investment Gains/(Losses)$2,446,673 Ending Market Value $96,595,670 Performance vs Callan Money Market Funds (Net) 0% 1% 2% 3% 4% 5% 6% 7% 8% Last Quarter Last Last 3 Years Last 5 Years Last 9-1/2 Last 7 Years Last 10 Years Last 28-3/4 Year Years Years (57)(19) (48)(28) (42)(10) (37)(21) (29)(22)(33)(24) (29)(21) (11)(19) 10th Percentile 1.42 6.51 3.17 2.41 2.00 2.32 1.91 2.3925th Percentile 1.33 5.77 3.02 2.16 1.57 2.09 1.49 2.22 Median 1.28 5.32 2.88 2.00 1.39 1.86 1.32 2.09 75th Percentile 1.23 5.07 2.74 1.89 1.30 1.74 1.23 2.00 90th Percentile 1.14 4.84 2.37 1.72 1.16 1.56 1.10 1.87 Liquid Operating Money Net 1.26 5.34 2.91 2.07 1.52 1.98 1.44 2.37 Citigroup 3-MonthTreasury Bill 1.37 5.64 3.17 2.22 1.61 2.10 1.53 2.27 Relative Returns vs Citigroup 3-Month Treasury Bill Re l a t i v e R e t u r n s (0.30%) (0.20%) (0.10%) 0.00% 0.10% 0.20% 0.30% 0.40% 17 2018 2019 2020 2021 2022 2023 24 Liquid Operating Money Net Callan Money Market Funds (Net) Annualized Seven Year Risk vs Return 0 1 2 3 4 5 6 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% Citigroup 3-Month Treasury Bill Liquid Operating Money Net Standard Deviation Re t u r n s 21Orange County Sanitation District Liquid Operating Money Net Return Analysis Summary Return Analysis The graphs below analyze the manager’s return on both a risk-adjusted and unadjusted basis. The first chart illustrates the manager’s ranking over different periods versus the appropriate style group. The second chart shows the historical quarterly and cumulative manager returns versus the appropriate market benchmark. The last chart illustrates the manager’s ranking relative to their style using various risk-adjusted return measures. Assets were transferred in kind to Insight on 3/1/2024. Performance from 12/1/2014 to 3/1/2024 represents Chandler. Previous performance reflects PIMCO. Performance vs Callan Money Market Funds (Net) (2%)(1%)0% 1% 2% 3%4%5% 6% 7% 8% 12/23- 6/24 2023 2022 2021 2020 2019 2018 2017 2016 2015 4420 4530 6117 8822 2426 2827 2312 3530 2932 2236 10th Percentile 3.07 6.22 1.57 0.19 1.70 3.20 1.89 1.42 1.32 0.2825th Percentile 2.69 5.49 1.43 0.03 0.62 2.32 1.72 0.91 0.39 0.06Median 2.57 4.97 1.27 0.01 0.34 1.96 1.53 0.61 0.14 0.01 75th Percentile 2.47 4.75 0.38 0.01 0.27 1.76 1.31 0.42 0.05 0.01 90th Percentile 2.33 4.56 (0.95) (0.03)0.19 1.50 1.07 0.23 0.01 0.00 Liquid Operating Money Net 2.58 5.02 1.14 (0.00)0.69 2.24 1.75 0.76 0.32 0.07 Citigroup 3-MonthTreasury Bill 2.76 5.26 1.50 0.05 0.58 2.25 1.86 0.84 0.27 0.03 Cumulative and Quarterly Relative Returns vs Citigroup 3-Month Treasury Bill Qu a r t e r l y R e l a t i v e R e t u r n s Cu m u l a t i v e R e l a t i v e R e t u r n s (0.15%) (0.10%) (0.05%) 0.00% 0.05% 0.10% 0.15% 0.20% 0.25% 0.30% 0.35% (3.0%) (2.5%) (2.0%) (1.5%) (1.0%) (0.5%) 0.0% 0.5% 1.0% 1.5% 2.0% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Liquid Operating Money Net Callan Money Market Funds Risk Adjusted Return Measures vs Citigroup 3-Month Treasury Bill Rankings Against Callan Money Market Funds (Net) Seven Years Ended June 30, 2024 (5) (4) (3) (2) (1) 0 1 Alpha Sharpe Excess Return Ratio Ratio (16)(33) (35) 10th Percentile (0.01)0.14 0.17 25th Percentile (0.15)0.01 (0.10) Median (0.28)(0.22)(2.52) 75th Percentile (0.39)(0.36)(3.37)90th Percentile (0.56)(0.56)(3.67) Liquid Operating Money Net (0.08)(0.09)(0.82) 22Orange County Sanitation District Callan Research/Education Quarterly Highlights The Callan Institute provides research to update clients on the latest industry trends, carefully structured educational programs to enhance the knowledge of industry professionals, and events to enhance dialogue among investing professionals. Visit www.callan.com/ research-library to see all of our publications, and www.callan.com/blog to view our blog. For more information contact Barb Gerraty at 415- 274-3093 / institute@callan.com. New Research from Callan’s Experts Quantifying Sequence-of-Returns Risk for Institutional Investors | This paper shows institutional investors how to quantify sequence-of-returns risk in a single number. The metric is lexible enough to apply to strategic asset-allocation decisions across a variety of investor types. Sector-Specialist Strategies on the Rise: Do They Make Sense for Large LPs’ Portfolios? | To distinguish themselves in a competitive market, more private equity general partners are ofering sector-specialist strategies, which focus on investing in a speciic industry. 2024 Asset Manager DEI Study | The study ofers a high-level assessment of the degree to which asset management organizations have established diversity, equity, and inclusion (DEI) policies and procedures. 2024 DC Trends Survey | This survey provides extensive information for DC plan sponsors to use in improving and benchmarking their plans. Webinar Replays Research Café: ESG Interview Series | This session features Mark Wood, Callan ESG team member, interviewing Nicole Wubbena, fellow ESG and Global Manager Research group member. Their discussion focuses on impact investing in public equity. Blog Highlights Commercial Real Estate Capital Markets and Institutional Investors | A blog post from Christine Mays on the state of the commercial real estate capital markets. Is This a Time for Active Managers to Shine? | Tony Lissuzzo of Callan’s Nonproit Group writes on how dispersion afects active management. Quarterly Updates Private Equity Update, 1Q24 | A high-level summary of private equity activity in the quarter through all the investment stages Active vs. Passive Charts, 1Q24 | A comparison of active managers alongside relevant benchmarks over the long term Market Pulse, 1Q24 | A quarterly market reference guide covering trends in the U.S. economy, developments for institutional investors, and the latest data on the capital markets Capital Markets Review, 1Q24 | Analysis and a broad overview of the economy and public and private markets activity each quarter across a wide range of asset classes Hedge Fund Update, 1Q24 | Commentary on developments for hedge funds and multi-asset class (MAC) strategies Real Assets Update, 1Q24 | A summary of market activity for real assets and private real estate during the quarter Private Credit Update, 1Q24 | A review of performance and fundraising activity for private credit during the quarter Callan Target Date Index™, 1Q24 | Tracks the performance and asset allocation of available target date mutual funds and CITs Callan DC Index™, 1Q24 | Provides underlying fund performance, asset allocation, and cash lo ws of more than 100 large dein ed contribution plans representing approximately $400 billion in assets. Education 2Q24 Events A complete list of all upcoming events can be found on our web- site: callan.com/events-education. Please mark your calendar and look forward to upcoming invitations: October Regional Workshops October 22, 2024 – Denver October 23, 2024 – Chicago For more information about events, please contact Barb Gerraty: 415-274-3093 / gerraty@callan.com Education Founded in 1994, the “Callan College” offers educational sessions for industry professionals involved in the investment decision-mak- ing process. Introduction to Investments September 24-26, 2024 – Virtual This program familiarizes institutional investor trustees and staff and asset management advisers with basic investment theory, terminology, and practices. This course is designed for individuals with less than two years of experience with asset-management oversight and/or support responsibilities. Our virtual sessions are held over two to three days with virtual modules of 2.5-3 hours, while in-person sessions run either a full day or one-and-a-half days. Virtual tuition is $950 per person and includes instruction and digital materials. In-person tuition is $2,350 per person and includes instruction, all materials, break- fast and lunch on each day, and dinner on the irst evening with the instructors. Additional information including registration can be found at: callan.com/events-education Unique pieces of research the Institute generates each year50+ Total attendees of the “Callan College” since 19944,845 Attendees (on average) of the Institute’s annual National Conference525 Education: By the Numbers Callan “Research is the foundation of all we do at Callan, and sharing our best thinking with the investment community is our way of helping to foster dialogue to raise the bar across the industry.” Greg Allen, CEO and Chief Research Ofice r Definitions Risk/Reward Statistics The risk statistics used in this report examine performance characteristics of a manager or a portfolio relative to a benchmark (market indicator) which assumes to represent overall movements in the asset class being considered. The main unit of analysis is the excess return, which is the portfolio return minus the return on a risk free asset (3 month T-Bill). Alpha measures a portfolio’s return in excess of the market return adjusted for risk. It is a measure of the manager’s contribution to performance with reference to security selection. A positive alpha indicates that a portfolio was positively rewarded for the residual risk which was taken for that level of market exposure. Beta measures the sensitivity of rates of portfolio returns to movements in the market index. A portfolio’s beta measures the expected change in return per 1% change in the return on the market. If a beta of a portfolio is 1.5, a 1 percent increase in the return on the market will result, on average, in a 1.5 percent increase in the return on the portfolio. The converse would also be true. Downside Risk stems from the desire to differentiate between "good risk" (upside volatility) and "bad risk" (downside volatility). Whereas standard deviation punishes both upside and downside volatility, downside risk measures only the standard deviation of returns below the target. Returns above the target are assigned a deviation of zero. Both the frequency and magnitude of underperformance affect the amount of downside risk. Excess Return Ratio is a measure of risk adjusted relative return. This ratio captures the amount of active management performance (value added relative to an index) per unit of active management risk (tracking error against the index.) It is calculated by dividing the manager’s annualized cumulative excess return relative to the index by the standard deviation of the individual quarterly excess returns. The Excess Return Ratio can be interpreted as the manager’s active risk/reward tradeoff for diverging from the index when the index is mandated to be the "riskless" market position. Information Ratio measures the manager’s market risk-adjusted excess return per unit of residual risk relative to a benchmark. It is computed by dividing alpha by the residual risk over a given time period. Assuming all other factors being equal, managers with lower residual risk achieve higher values in the information ratio. Managers with higher information ratios will add value relative to the benchmark more reliably and consistently. R-Squared indicates the extent to which the variability of the portfolio returns are explained by market action. It can also be thought of as measuring the diversification relative to the appropriate benchmark. An r-squared value of .75 indicates that 75% of the fluctuation in a portfolio return is explained by market action. An r-squared of 1.0 indicates that a portfolio’s returns are entirely related to the market and it is not influenced by other factors. An r-squared of zero indicates that no relationship exists between the portfolio’s return and the market. Relative Standard Deviation is a simple measure of a manager’s risk (volatility) relative to a benchmark. It is calculated by dividing the manager’s standard deviation of returns by the benchmark’s standard deviation of returns. A relative standard deviation of 1.20, for example, means the manager has exhibited 20% more risk than the benchmark over that time period. A ratio of .80 would imply 20% less risk. This ratio is especially useful when analyzing the risk of investment grade fixed-income products where actual historical durations are not available. By using this relative risk measure over rolling time periods one can illustrate the "implied" historical duration patterns of the portfolio versus the benchmark. Residual Portfolio Risk is the unsystematic risk of a fund, the portion of the total risk unique to the fund (manager) itself and not related to the overall market. This reflects the "bets" which the manager places in that particular asset market. These bets may reflect emphasis in particular sectors, maturities (for bonds), or other issue specific factors which the manager considers a good investment opportunity. Diversification of the portfolio will reduce or eliminate the residual risk of that portfolio. 27 Risk/Reward Statistics Rising Declining Periods refer to the sub-asset class cycles vis-a-vis the broader asset class. This is determined by evaluating the cumulative relative sub-asset class index performance to that of the broader asset class index. For example, to determine the Growth Style cycle, the S&P 500 Growth Index (sub-asset class) performance is compared to that of the S&P 500 Index (broader asset class). Sharpe Ratio is a commonly used measure of risk-adjusted return. It is calculated by subtracting the "risk-free" return (usually 3 Month Treasury Bill) from the portfolio return and dividing the resulting "excess return" by the portfolio’s risk level (standard deviation). The result is a measure of return gained per unit of risk taken. Sortino Ratio is a downside risk-adjusted measure of value-added. It measures excess return over a benchmark divided by downside risk. The natural appeal is that it identifies value-added per unit of truly bad risk. The danger of interpretation, however, lies in these two areas: (1) the statistical significance of the denominator, and (2) its reliance on the persistence of skewness in return distributions. Standard Deviation is a statistical measure of portfolio risk. It reflects the average deviation of the observations from their sample mean. Standard deviation is used as an estimate of risk since it measures how wide the range of returns typically is. The wider the typical range of returns, the higher the standard deviation of returns, and the higher the portfolio risk. If returns are normally distributed (ie. has a bell shaped curve distribution) then approximately 2/3 of the returns would occur within plus or minus one standard deviation from the sample mean. Total Portfolio Risk is a measure of the volatility of the quarterly excess returns of an asset. Total risk is composed of two measures of risk: market (non-diversifiable or systematic) risk and residual (diversifiable or unsystematic) risk. The purpose of portfolio diversification is to reduce the residual risk of the portfolio. Tracking Error is a statistical measure of a portfolio’s risk relative to an index. It reflects the standard deviation of a portfolio’s individual quarterly or monthly returns from the index’s returns. Typically, the lower the Tracking Error, the more "index-like" the portfolio. Treynor Ratio represents the portfolio’s average excess return over a specified period divided by the beta relative to its benchmark over that same period. This measure reflects the reward over the risk-free rate relative to the systematic risk assumed. Note: Alpha, Total Risk, and Residual Risk are annualized. 28 Fixed Income Portfolio Characteristics All Portfolio Characteristics are derived by first calculating the characteristics for each security, and then calculating the market value weighted average of these values for the portfolio. Allocation by Sector - Sector allocation is one of the tools which managers often use to add value without impacting the duration of the portfolio. The sector weights exhibit can be used to contrast a portfolio’s weights with those of the index to identify any significant sector bets. Average Coupon - The average coupon is the market value weighted average coupon of all securities in the portfolio. The total portfolio coupon payments per year are divided by the total portfolio par value. Average Moody’s Rating for Total Portfolio - A measure of the credit quality as determined by the individual security ratings. The ratings for each security, from Moody’s Investor Service, are compiled into a composite rating for the whole portfolio. Quality symbols range from Aaa+ (highest investment quality - lowest credit risk) to C (lowest investment quality - highest credit risk). Average Option Adjusted (Effective) Convexity - Convexity is a measure of the portfolio’s exposure to interest rate risk. It is a measure of how much the duration of the portfolio will change given a change in interest rates. Generally, securities with negative convexities are considered to be risky in that changes in interest rates will result in disadvantageous changes in duration. When a security’s duration changes it indicates that the stream of expected future cash-flows has changed, generally having a significant impact on the value of the security. The option adjusted convexity for each security in the portfolio is calculated using models developed by Lehman Brothers and Salomon Brothers which determine the expected stream of cash-flows for the security based on various interest rate scenarios. Expected cash-flows take into account any put or call options embedded in the security, any expected sinking-fund paydowns or any expected mortgage principal prepayments. Average Option Adjusted (Effective) Duration - Duration is one measure of the portfolio’s exposure to interest rate risk. Generally, the higher a portfolio’s duration, the more that its value will change in response to interest rate changes. The option adjusted duration for each security in the portfolio is calculated using models developed by Lehman Brothers and Salomon Brothers which determine the expected stream of cash-flows for the security based on various interest rate scenarios. Expected cash-flows take into account any put or call options embedded in the security, any expected sinking-fund paydowns or any expected mortgage principal prepayments. Average Price - The average price is equal to the portfolio market value divided by the number of securities in the portfolio. Portfolios with an average price above par will tend to generate more current income than those with an average price below par. Average Years to Expected Maturity - This is a measure of the market-value-weighted average of the years to expected maturity across all of the securities in the portfolio. Expected years to maturity takes into account any put or call options embedded in the security, any expected sinking-fund paydowns or any expected mortgage principal prepayments. Average Years to Stated Maturity - The average years to stated maturity is the market value weighted average time to stated maturity for all securities in the portfolio. This measure does not take into account imbedded options, sinking fund paydowns, or prepayments. Current Yield - The current yield is the current annual income generated by the total portfolio market value. It is equal to the total portfolio coupon payments per year divided by the current total portfolio market value. 29 Fixed Income Portfolio Characteristics Duration Dispersion - Duration dispersion is the market-value weighted standard deviation of the portfolio’s individual security durations around the total portfolio duration. The higher the dispersion, the more variable the security durations relative to the total portfolio duration ("barbellness"), and the smaller the dispersion, the more concentrated the holdings’ durations around the overall portfolio’s ("bulletness"). The purpose of this statistic is to gauge the "bulletness" or "barbellness" of a portfolio relative to its total duration and to that of its benchmark index. Effective Yield - The effective yield is the actual total annualized return that would be realized if all securities in the portfolio were held to their expected maturities. Effective yield is calculated as the internal rate of return, using the current market value and all expected future interest and principal cash flows. This measure incorporates sinking fund paydowns, expected mortgage principal prepayments, and the exercise of any "in-the-money" imbedded put or call options. Weighted Average Life - The weighted average life of a security is the weighted average time to payment of all remaining principal. It is calculated by multiplying each expected future principal payment amount by the time left to the payment. This amount is then divided by the total amount of principal remaining. Weighted average life is commonly used as a measure of the investment life for pass-through security types for comparison to non-pass-through securities. 30 Disclosures List of Callan’s Investment Manager Clients Confidential – For Callan Client Use Only Callan takes its fiduciary and disclosure responsibilities to clients very seriously. We recognize that there are numerous potential conflicts of interest encountered in the investment consulting industry, and that it is our responsibility to manage those conflicts effectively and in the best interest of our clients. At Callan, we employ a robust process to identify, manage, monitor, and disclose potential conflicts on an ongoing basis. The list below is an important component of our conflicts management and disclosure process. It identifies those investment managers that pay Callan fees for educational, consulting, software, database, or reporting products and services. We update the list quarterly because we believe that our fund sponsor clients should know the investment managers that do business with Callan, particularly those investment manager clients that the fund sponsor clients may be using or considering using. Please note that if an investment manager receives a product or service on a complimentary basis (e.g., attending an educational event), they are not included in the list below. Callan is committed to ensuring that we do not consider an investment manager’s business relationship with Callan, or lack thereof, in performing evaluations for or making suggestions or recommendations to its other clients. Please refer to Callan’s ADV Part 2A for a more detailed description of the services and products that Callan makes available to investment manager clients through our Institutional Consulting Group, Independent Adviser Group, and Fund Sponsor Consulting Group. Due to the complex corporate and organizational ownership structures of many investment management firms, parent and affiliate firm relationships are not indicated on our list. Fund sponsor clients may request a copy of the most currently available list at any time. Fund sponsor clients may also request specific information regarding the fees paid to Callan by particular fund manager clients. Per company policy, information requests regarding fees are handled exclusively by Callan’s Compliance department. Quarterly List as of June 30, 2024 June 30, 2024 Manager Name abrdn Acadian Asset Management LLC ACR Alpine Capital Research Adams Street Partners, LLC Aegon Asset Management AEW Capital Management, L.P. AllianceBernstein Allspring Global Investments, LLC Altrinsic Global Advisors, LLC American Century Investments Amundi US, Inc. Antares Capital LP Apollo Global Management, Inc. AQR Capital Management Ares Management LLC ARGA Investment Management, LP Ariel Investments, LLC Aristotle Capital Management, LLC Manager Name Atlanta Capital Management Co., LLC Audax Private Debt AXA Investment Managers Baillie Gifford International, LLC Baird Advisors Barings LLC Baron Capital Management, Inc. Barrow, Hanley, Mewhinney & Strauss, LLC BentallGreenOak Beutel, Goodman & Company Ltd. BlackRock Blackstone Group (The) Blue Owl Capital, Inc. BNY Mellon Asset Management Boston Partners Brandes Investment Partners, L.P. Brandywine Global Investment Management, LLC Brookfield Asset Management Inc. June 30, 2024 Manager Name Brown Brothers Harriman & Company Brown Investment Advisory & Trust Company Capital Group CastleArk Management, LLC Cercano Management LLC Champlain Investment Partners, LLC CIBC Asset Management Inc. CIM Group, LP ClearBridge Investments, LLC Cohen & Steers Capital Management, Inc. Columbia Threadneedle Investments Comvest Partners Cooke & Bieler, L.P. Crescent Capital Group LP Dana Investment Advisors, Inc. D.E. Shaw Investment Management, LLC DePrince, Race & Zollo, Inc. Dimensional Fund Advisors L.P. Doubleline DWS EARNEST Partners, LLC Fayez Sarofim & Company Federated Hermes, Inc. Fidelity Institutional Asset Management Fiera Capital Corporation First Eagle Investment Management, LLC First Hawaiian Bank Wealth Management Division Fisher Investments Franklin Templeton Fred Alger Management, LLC GAMCO Investors, Inc. Glenmeade Investment Management, LP GlobeFlex Capital, L.P. Goldman Sachs Golub Capital GW&K Investment Management Harbor Capital Group Trust HarbourVest Partners, LLC Hardman Johnston Global Advisors LLC Heitman LLC Manager Name Hotchkis & Wiley Capital Management, LLC HPS Investment Partners, LLC IFM Investors Impax Asset Management LLC Income Research + Management Insight Investment Intercontinental Real Estate Corporation Invesco J.P. Morgan Janus Jennison Associates LLC Jobs Peak Advisors Kayne Anderson Rudnick Investment Management, LLC King Street Capital Management, L.P. Kohlberg Kravis Roberts & Co. L.P. (KKR) Lazard Asset Management LGIM America Lincoln National Corporation Longview Partners Loomis, Sayles & Company, L.P. Lord, Abbett & Company LSV Asset Management MacKay Shields LLC Macquarie Asset Management Manulife Investment Management Manulife | CQS Investment Management Marathon Asset Management, L.P. Maverick Real Estate Partners Mawer Investment Management Ltd. MetLife Investment Management MFS Investment Management Mondrian Investment Partners Limited Montag & Caldwell, LLC Morgan Stanley Investment Management Mount Lucas Management LP MUFG Bank, Ltd. Natixis Investment Managers Neuberger Berman Newmarket Capital Newton Investment Management June 30, 2024 Manager Name Nipun Capital, L.P. NISA Investment Advisors LLC Northern Trust Asset Management Nuveen Oaktree Capital Management, L.P. Orbis Investment Management Limited P/E Investments Pacific Investment Management Company Parametric Portfolio Associates LLC Partners Group (USA) Inc. Pathway Capital Management, LP Peavine Capital Peregrine Capital Management, LLC PGIM DC Solutions PGIM Fixed Income PGIM Quantitative Solutions LLC Pictet Asset Management PineBridge Investments Polen Capital Management, LLC PPM America, Inc. Pretium Partners, LLC Principal Asset Management Raymond James Investment Management RBC Global Asset Management Red Cedar Investment Management Regions Financial Corporation S&P Dow Jones Indices Sands Capital Management Manager Name Schroder Investment Management North America Inc. Segall Bryant & Hamill SLC Management Star Mountain Capital, LLC State Street Global Advisors Strategic Global Advisors, LLC T. Rowe Price Associates, Inc. TD Global Investment Solutions – TD Epoch The TCW Group, Inc. Thompson, Siegel & Walmsley LLC TPG Angelo Gordon Tweedy, Browne Company LLC UBS Asset Management VanEck Vaughan Nelson Investment Management Versus Capital Group Victory Capital Management Inc. Virtus Investment Partners, Inc. Vontobel Asset Management Voya Walter Scott & Partners Limited WCM Investment Management Wellington Management Company LLP Western Asset Management Company LLC Westfield Capital Management Company, LP William Blair & Company LLC Xponance, Inc. Important Disclosures Information contained in this document may include confidential, trade secret and/or proprietary information of Callan and the client. It is incumbent upon the user to maintain such information in strict confidence. Neither this document nor any specific information contained herein is to be used other than by the intended recipient for its intended purpose. The content of this document is particular to the client and should not be relied upon by any other individual or entity. There can be no assurance that the performance of any account or investment will be comparable to the performance information presented in this document. Certain information herein has been compiled by Callan from a variety of sources believed to be reliable but for which Callan has not necessarily verified for accuracy or completeness. Information contained herein may not be current. Callan has no obligation to bring current the information contained herein. Callan’s performance, market value, and, if applicable, liability calculations are inherently estimates based on data available at the time each calculation is performed and may later be determined to be incorrect or require subsequent material adjustment due to many variables including, but not limited to, reliance on third party data, differences in calculation methodology, presence of illiquid assets, the timing and magnitude of unrecognized cash flows, and other data/assumptions needed to prepare such estimated calculations. In no event should the performance measurement and reporting services provided by Callan be used in the calculation, deliberation, policy determination, or any other action of the client as it pertains to determining amounts, timing or activity of contribution levels or funding amounts, rebalancing activity, benefit payments, distribution amounts, and/or performance-based fee amounts, unless the client understands and accepts the inherent limitations of Callan’s estimated performance, market value, and liability calculations. Callan’s performance measurement service reports estimated returns for a portfolio and compares them against relevant benchmarks and peer groups, as appropriate; such service may also report on historical portfolio holdings, comparing them to holdings of relevant benchmarks and peer groups, as appropriate ("portfolio holdings analysis"). To the extent that Callan’s reports include a portfolio holdings analysis, Callan relies entirely on holdings, pricing, characteristics, and risk data provided by third parties including custodian banks, record keepers, pricing services, index providers, and investment managers. Callan reports the performance and holdings data as received and does not attempt to audit or verify the holdings data. Callan is not responsible for the accuracy or completeness of the performance or holdings data received from third parties and such data may not have been verified for accuracy or completeness. Callan’s performance measurement service may report on illiquid asset classes, including, but not limited to, private real estate, private equity, private credit, hedge funds and infrastructure. The final valuation reports, which Callan receives from third parties, for of these types of asset classes may not be available at the time a Callan performance report is issued. As a result, the estimated returns and market values reported for these illiquid asset classes, as well as for any composites including these illiquid asset classes, including any total fund composite prepared, may not reflect final data, and therefore may be subject to revision in future quarters. The content of this document may consist of statements of opinion, which are made as of the date they are expressed and are not statements of fact. The opinions expressed herein may change based upon changes in economic, market, financial and political conditions and other factors. Callan has no obligation to bring current the opinions expressed herein. The information contained herein may include forward-looking statements regarding future results. The forward-looking statements herein: (i) are best estimations consistent with the information available as of the date hereof and (ii) involve known and unknown risks and uncertainties. Actual results may vary, perhaps materially, from the future results projected in this document. Undue reliance should not be placed on forward-looking statements. Callan is not responsible for reviewing the risks of individual securities or the compliance/non-compliance of individual security holdings with a client’s investment policy guidelines. This document should not be construed as legal or tax advice on any matter. You should consult with legal and tax advisers before applying any of this information to your particular situation. Reference to, or inclusion in this document of, any product, service or entity should not necessarily be construed as recommendation, approval, or endorsement or such product, service or entity by Callan. This document is provided in connection with Callan’s consulting services and should not be viewed as an advertisement of Callan, or of the strategies or products discussed or referenced herein. The issues considered and risks highlighted herein are not comprehensive and other risks may exist that the user of this document may deem material regarding the enclosed information. Please see any applicable full performance report or annual communication for other important disclosures. Unless Callan has been specifically engaged to do so, Callan does not conduct background checks or in-depth due diligence of the operations of any investment manager search candidate or investment vehicle, as may be typically performed in an operational due diligence evaluation assignment and in no event does Callan conduct due diligence beyond what is described in its report to the client. Any decision made on the basis of this document is sole responsibility of the client, as the intended recipient, and it is incumbent upon the client to make an independent determination of the suitability and consequences of such a decision. Callan undertakes no obligation to update the information contained herein except as specifically requested by the client. Past performance is no guarantee of future results. !"#!$%&!'(%&) ! ! ! 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""#" )! +, 11 %# .%20" % , + +;11+ 1+ +;11+ + 11+ + 7 0#*/%$" %# .%20" & ! ) % $* ! 6"22$ %#& $"*0# "$1 22*4&* 11 %# .%20" % + , + + 11+ + + 11+ +;11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;1+ + +;1+ + 1+ 344 + ! " # $ # #%#& #$& #'()*+)''++ ,,-". / 0 -#1 . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 1+ + + 1+ +;1+ 344 + 7 0#*/%$" %# .%20" & ! ) % $* ! 0'$ $"*0# "$ 22*4&* 11 %# .%20" % + , + + 11+ + + 11+ +;11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + )% )%0#" %# .%20" & !&.%# $ ! *&# $* * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + % )%0#" %# .%20" & 0! 2"."# *% *&# $* * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + ' )%0#" %# .%20" & %2" !* $* *&)2 * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + 7 0#*/%$" %# .%20" & ! ) % $* ! 6"22$ %#& $"*0# "$1 22*4&* 11 %# .%20" % + , + + 11+ + + 11+ +;11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + (" )%0#" %# .%20" & 0 $ #"%$0#7 ' 22 11 %# .%20" % , + +;11+ + +;11+ + 11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + )* )%0#" %# .%20" & ) *#&$& *&# * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + )* )%0#" %# .%20" & ) *#&$& *&# * 1 %# .%20" % , + +;1+ + +;1+ + 1+ + "/ 0#*/%$" %# .%20" & 3"# !* $* *&)2 * &2)%! $%*/$ < *&+ 22*11 %# .%20" % + , + + 11+ + + 11+ +;11+ + ! " # $ # #%#& #$& #'()*+)''++ ,,-". / 0 -#1 7 0#*/%$" %# .%20" & ! ) % $* ! 6"22$ %#& $"*0# "$1 22*4&* 1 %# .%20" % + , + + 1+ + + 1+ +;1+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;1+ + +;1+ + 1+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 1+ + + 1+ +;1+ 344 + " )%0#" %# .%20" & 3"# !* $* *&)2 * 1 %# .%20" % , + +;1+ + +;1+ + 1+ + %45 )%0#" %# .%20" & / 2 ' +, 11 %# .%20" % , + +;11+ 1+ +;11+ + 11+ + %$/( )%0#" %# .%20" & / 2 ' "' +, 1 %# .%20" % , + +;1+ + +;1+ + 1+ + %.* )%0#" %# .%20" & / 2 ' "' +, 11 %# .%20" % , + +;11+ 1+ +;11+ + 11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + %/ 0#*/%$" %# .%20" & )"#*( *& !* $* *&)2 * 5++ )&#%! $"*0# "$ 22*11 %# .%20" % + , + + 11+ + + 11+ +;11+ + %2 )%0#" %# .%20" & !. % *&# +, 11 %# .%20" % , + +;11+ 1+ +;11+ + 11+ + %2 )%0#" %# .%20" & !. % *&# +, 11 %# .%20" % , + +;11+ 1+ +;11+ + 11+ + / )%0#" %# .%20" & %2" !* $* *&)2 * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + 5/ )%0#" %# .%20" & */".#&! *&# $* *&)2 * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + 7 )%0#" %# .%20" & / 2 ' $* !$ 11 %# .%20" % , + +;11+ + +;11+ + 11+ + 7 )%0#" %# .%20" & / 2 ) * $* ! 11 %# .%20" % , + +;11+ + +;11+ + 11+ + ! " # $ # #%#& #$& #'()*+)''++ ,,-". / 0 -#1 7 )%0#" %# .%20" & ! ) % $* ! 1 %# .%20" % , + +;1+ + +;1+ + 1+ + 7 )%0#" %# .%20" & ! ) % $* ! 11 %# .%20" % , + +;11+ + +;11+ + 11+ + 7 )%0#" %# .%20" & ! ) % $* ! 11 %# .%20" % , + +;11+ + +;11+ + 11+ + 7 )%0#" %# .%20" & ! ) % $* ! 11 %# .%20" % , + +;11+ + +;11+ + 11+ + 7 )%0#" %# .%20" & ! ) % $* ! 11 %# .%20" % , + + ;11+ + +;11+ + 11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + %/ )%0#" %# .%20" & )"#*( *& !* $* *&)2 * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + )/ )%0#" %# .%20" & !&.%# $ ! *&# * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + "/ )%0#" %# .%20" & 3"# !* $* *&)2 * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + 5 )%0#" %# .%20" & 5 )&#%! $"*$ 22* * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + 2% 0#*/%$" %# .%20" & 0 $ #"%$0#7 ' 22 ')&;*/ *%& '#%!*/'"* 11 %# .%20" % + , + + 11+ + + 11+ +;11+ + 2 )%0#" %# .%20" & %2" !* $* *&)2 * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + 5 0#*/%$" %# .%20" & */".#&! *&# $* *&)2 * '%#*2%7$ *% %2 !*+ 4" !4&* 11 %# .%20" % + , + + 11+ + + 11+ +;11+ + ! " # $ # #%#& #$& #'()*+)''++ ,,-". / 0 -#1 '* 0#*/%$" %# .%20" & "44&! )&' 2 +, &2)%! $%*/$ < *&+ 22*11 %# .%20" % + , + + 11+ + + 11+ +;11+ + '* % %**#0" !"#"$ &! 0#*/%$" & "44&! )&' 2 +, + + + + + + +;1+ + % 0#*/%$" %# .%20" & ! ) % $* ! '%#*2%7$ *% %2 !*+ 4" !4&* 11 %# .%20" % + , + + 11+ + + 11+ +;11+ + % 0#*/%$" %# .%20" & ! ) % $* ! '%#*2%7$ *% %2 !*+ 4" !4&* 11 %# .%20" % + , + + 11+ + + 11+ +;11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + 2 )%0#" %# .%20" & 2 227 "2 *& $* *&)2 * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + 7"' 0#*/%$" %# .%20" & )&#%! $%!2"7 )! +, #'* *% %2 )%#("$1 22*11 %# .%20" % + , + + 11+ + + 11+ +;11+ )$) + 7"' % %**#0" !"#"$ &! 0#*/%$" & )&#%! $%!2"7 )! +, + + + + + + +;1+ )$) + 0#*/%$" %# .%20" & $ )&! #&"#7 #&0 +, "#$/ ! 22*11 %# .%20" % + , + + 11+ + + 11+ +;11+ + % %**#0" !"#"$ &! 0#*/%$" & $ )&! #&"#7 #&0 +, + + + + + + +;1+ + 59 0#*/%$" %# .%20" & 0! 2"."# *% *&# $* * &2)%! $%*/$ < *&+ 22*11 %# .%20" % + , + + 11+ + + 11+ +;11+ + / 0#*/%$" %# .%20" & 0! "/"%2/ #&0 !* * 6"22$ %#& $"*0# "$1 22*11 %# .%20" % + , + + 11+ + + 11+ +;11+ + 36 )%0#" %# .%20" & 0 $ #"%$0#7 ' 22 11 %# .%20" % , + +;11+ + +;11+ + 11+ + 2% 0#*/%$" %# .%20" & 0 $ #"%$0#7 ' 22 ')&;*/ *%& '#%!*/'"* 11 %# .%20" % + , + + 11+ + + 11+ +;11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;1+ + +;1+ + 1+ 344 + ! " # $ # #%#& #$& #'()*+)''++ ,,-". / 0 -#1 4 0#*/%$" %# .%20" & 2 227 "2 *& $* *&)2 * &2)%! $%*/$ < *&+ 22*11 %# .%20" % + , + + 11+ + + 11+ +;11+ + ( )%0#" %# .%20" & 0 $ #"%$0#7 ' 22 11 %# .%20" % , + +;11+ + +;11+ + 11+ + 6*3 )%0#" %# .%20" & %)"# *%! /&!% )! +, 11 %# .%20" % , + +;1+ 1+ +;11+ + 11+ + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + )%0#" %# .%20" & 5&/!$&! 5&/!$&! $* * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + %9 0#*/%$" %# .%20" & #"%27 !*&)" *&# +, "#$/ ! 22*11 %# .%20" % + , + + 11+ + + 11+ +;11+ + %9 % %**#0" !"#"$ &! 0#*/%$" & #"%27 !*&)" *&# +, + + + + + + +;1+ + 2% 0#*/%$" %# .%20" & 0 $ #"%$0#7 ' 22 )&#%! $%!2"7 < *&+ 22*'"* 11 %# .%20" % + , + + 11+ + + 11+ +;11+ + %0 )%0#" %# .%20" & *&*% *&2% *& $* *&)2 * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + %$$ )%0#" %# .%20" & / 2 ' "' +, 11 %# .%20" % , + +;11+ 1+ +;11+ + 11+ + 0#*/%$" %# .%20" & / 2 ' $* !$ 0'$ $"*0# "$ 22*4&* 11 %# .%20" % + , + + 11+ + + 11+ +;11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + )/ 0#*/%$" %# .%20" & !&.%# $ ! *&# * '%#*2%7$ *% %2 !*+ 4" !4&* 11 %# .%20" % + , + + 11+ + + 11+ +;11+ + 0 )%0#" %# .%20" & 0! "/"%2/ #&0 !* * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + ! " # $ # #%#& #$& #'()*+)''++ ,,-". / 0 -#1 ( 0#*/%$" %# .%20" & 0 $ #"%$0#7 ' 22 ')&;*/ *%& '#%!*/11 %# .%20" % + , + + 11+ + + 11+ +;11+ + * 0#*/%$" %# .%20" & 0 $ #"%$0#7 ! +, '%#*2%7$ *% %2 !*+ 4" !11 %# .%20" % + , + + 11+ + + 11+ +;11+ + * % %**#0" !"#"$ &! 0#*/%$" & 0 $ #"%$0#7 ! +, + + + + + + +;1+ + 263513()1+74,+'# 23513()1+74,+' 2+,++ ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 - 2+,++# 2(*157'1845,() 26(*157'1845,() . !"#"$ "%#!" &! #$ %) &. &' *2 3 0! &! + $/%#"$ 0" !"#"$ #&) & + + + + + + + 1+ 344 + *%) !"#"$ "%#!" &! 0 $ #"%$0#7 ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + *' !"#"$ "%#!" &! 0 $ #"%$0#7 ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ 0$% + *) !"#"$ "%#!" &! 0 $ #"%$0#7 ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ 0$ + * !"#"$ "%#!" &! 0 $ #"%$0#7 ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + *5% !"#"$ "%#!" &! 0 $ #"%$0#7 ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + "$*7 0> ? 2"/)%! '#/ /2 "$* %# %2 2 90 % ! $# '0 &! % @ + + + ;1+ + + + + 1+ + "$* ' 0> ? 2"/)%! '#/ )! "$ +, %# %2 2 90 % &! % @+$/%#" + + ;+ + + + + + + 60 '&&( .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 " '%$ $ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + 1+ + + + + + + 60 $%" *&$ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 %# .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + 1+ + + + 60 '&&( .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 " '%$ $ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + 1+ + + + + + + 60 $%" *&$ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 %# .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + 1+ + + + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 * !"#"$ "%#!" &! %)%3&! *&) +, - . &! + $/%#"$ 0" + + + + + + + 1+ + 55 !"#"$ "%#!" &! %)"# *%! "4#"$$ +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ + 55. !"#"$ "%#!" &! %)"# *%! "4#"$$ +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ + /. !"#"$ "%#!" &! */%$" $$0" # +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ + *" !"#"$ "%#!" &! / 2 ) * )2*2 ) +, - . &! + $/%#"$ 0" -+. &! 1+ . 0" + + + + + + + + /2 + $63 !"#"$ "%#!" &! / 2 ) * A +, - . &! + $/%#"$ 0" "'#0%#7 /2)* 0" + + + + + + + + + '%* !"#"$ "%#!" &! /&!% %0& #"* &6! +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ /%# + 6%* !"#"$ "%#!" &! /70!% %0& 2"%$" +, - . &! + $/%#"$ 0" -+. &! 1+ . 0" + + + + + + + + /%2 + % !"#"$ "%#!" &! /70!% %0& #"* +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ /%# + 2%* !"#"$ "%#!" &! /70!% %0& #"* +, - . &! + $/%#"$ 0" -+. &! 1+ . 0" + + + + + + + + /%# + (%* !"#"$ "%#!" &! /0!% %0& #"* # +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + + /%# + % !"#"$ "%#!" &! /70!% %0& #"* # +, - . &! + $/%#"$ 0" -+. &! 1+ . 0" + + + + + + + + /%# + 5%* !"#"$ "%#!" &! 5&/! ""#" &6!"# +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ 5& + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 0%* !"#"$ "%#!" &! 5&/! ""#" &6!"# +, - . &! + $/%#"$ 0" -+. &! 1+ . 0" + + + + + + + + 5& + 9%* !"#"$ "%#!" &! 5&/! ""#" &6! +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + + 5& + %%* !"#"$ "%#!" &! 5&/! ""#" &6!# # +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ 5& + '%* !"#"$ "%#!" &! 5&/! ""#" &6!"# +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ 5& + %* !"#"$ "%#!" &! )"#*""$ '"!3 %0& +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ )'% + % !"#"$ "%#!" &! &7&% %0& #"* # +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ %# + * !"#"$ "%#!" &! 0 $ #"%$0#7 ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + %* !"#"$ "%#!" &! ) ! *&!$ %0& +, - . &! + $/%#"$ 0" -+. &! 1+ . 0" + + + + + + + + * + %* !"#"$ "%#!" &! ) ! *&!$ %0 +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ * + %* !"#"$ "%#!" &! ) ! *&!$ %0& +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ * + 7"4 !"#"$ "%#!" &! )&#%! $%!2"7 +, - . &! + $/%#"$ 0" + + + + + + + 1+ )$ + 0 !"#"$ "%#!" &! ! ) % "' +, - . &! + $/%#"$ 0" + + + + + + + 1+ + *%3 !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + ) + ** !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + ) + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 *! !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + ) + *!) !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + ) + *' !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + ) + )%* !"#"$ "%#!" &! ) ! %0& 2$! # +, - . &! + $/%#"$ 0" -+. &! 1+ . 0" + + + + + + + 1+ % + %* !"#"$ "%#!" &! ) ! %0& 2$! +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ % + %* !"#"$ "%#!" &! /&!% %0& +, - . &! + $/%#"$ 0" -+. &! 1+ . 0" + + + + + + + + + %* !"#"$ "%#!" &! /&!% %0& #"* +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + + /%# + 4. !"#"$ "%#!" &! !"# %)"# '( ) ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + 5' !"#"$ "%#!" &! !2 '( ) ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ ') + *' !"#"$ "%#!" &! 5)&#%! */%$" *& $# +, - . &! + $/%#"$ 0" + + + + + + + 1+ + 2%* !"#"$ "%#!" &! &7&% 2"%$" &6!"# +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ 2& + 4% !"#"$ "%#!" &! ')6 ."/ &6!"# # +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ '.& + %%* !"#"$ "%#!" &! ')6 ."/ *2" 2"%$" +, - . &! + $/%#"$ 0" -+. &! 1+ . 0" + + + + + + + 1+ + #% !"#"$ "%#!" &! ')6 ."/ &6!"# # +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ '.& + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 !0* !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + % + ( !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + % + '" !"#"$ "%#!" &! / 2 ' #") * +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ + '$#" !"#"$ "%#!" &! / 2 ) * )2*2 ) +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ + "! !"#"$ "%#!" &! / 2 ) * )2*2 ) +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ /2' + 4 !"#"$ "%#!" &! / 2 ) * )2*2 ) +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ /2' + " !"#"$ "%#!" &! ! ) % A%2 +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + %2% + 57 !"#"$ "%#!" &! / 2 ) * )2*2 ) +, - . &! + $/%#"$ 0" -+. &! 1+ . 0" + + + + + + + 1+ /2 + 9#" !"#"$ "%#!" &! ! ) % #") * +, - . &! + $/%#"$ 0" -+. &! 1+ . 0" + + + + + + + + !) + 53 !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + % + 4 !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + % + 97 !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + % + 46 !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + % + '4/ !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + % + . !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + % + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 7%7 !"#"$ "%#!" &! ! ) % A)% +, - . &! + $/%#"$ 0" )%#*/ !)% 0" + + + + + + + + )%% + 60 '&&( .%20" & 0 $ #"%$0#7 ! +, %50$" '7 ;+ 0! $ "*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 " '%$ $ & 0 $ #"%$0#7 ! +, %50$" '7 ;+ 0! $ "*#"%$" & %50$ &# */%!" ! * + +;11+ + + + + + + 60 $%" *&$ & 0 $ #"%$0#7 ! +, %50$" '7 ;+ 0! $ "*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 %# .%20" & 0 $ #"%$0#7 ! +, %50$" '7 ;+ 0! $ "*#"%$" & %50$ &# */%!" ! * + + + + +;11+ + + + 60 '&&( .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 " '%$ $ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + 1+ + + + + + + 60 $%" *&$ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 %# .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + 1+ + + + 60 '&&( .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 " '%$ $ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + 11+ + + + + + + 60 $%" *&$ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 %# .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + 11+ + + + 52 !"#"$ "%#!" &! !2 '( ) ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + 32 !"#"$ "%#!" &! 0 $ #"%$0#7 ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + * !"#"$ "%#!" &! 0 $ #"%$0#7 ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 *"! !"#"$ "%#!" &! 0 $ #"%$0#7 ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ 0$% + 6' !"#"$ "%#!" &! '%!( & )&!#"%2 )! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + !*/ !"#"$ "%#!" &! *&)*%$ *&# +, - . &! + $/%#"$ 0" + + + + + + + 1+ + . !"#"$ "%#!" &! #$ %) &. &' *2 3 0! &! + $/%#"$ 0" !"#"$ #&) & + + + + + + + 1+ 344 + !"#"$ "%#!" &! ! ) % +, - . &! + $/%#"$ 0" + + + + + + + 1+ + #. !"#"$ "%#!" &! *%"# 22%# !2 )! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + 2' !"#"$ "%#!" &! 0%# %! 2 " )! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + 60 '&&( .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 " '%$ $ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + 1+ + + + + + + 60 $%" *&$ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 %# .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + 1+ + + + 60 '&&( .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 " '%$ $ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + 1+ + + + + + + 60 $%" *&$ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 %# .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + 1+ + + + 60 '&&( .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + ! 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""#" &6!"# +, - . &! + $/%#"$ 0" -+. &! 1+ . 0" + + + + + + + + 5& + 9%* !"#"$ "%#!" &! 5&/! ""#" &6! +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + + 5& + %%* !"#"$ "%#!" &! 5&/! ""#" &6!# # +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ 5& + '%* !"#"$ "%#!" &! 5&/! ""#" &6!"# +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ 5& + %* !"#"$ "%#!" &! )"#*""$ '"!3 %0& +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ )'% + % !"#"$ "%#!" &! &7&% %0& #"* # +, - . &! + $/%#"$ 0" -+. &! 11+ . 0" + + + + + + + 1+ %# + 60 %# .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + * %50$)"! &# ; %*&# + + + + + + + + + + 60 '&&( .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + * %50$)"! &# ; %*&# + + + + + + + + + + 60 " '%$ $ & 0 $ #"%$0#7 ! +, %50$" '7 + * %50$)"! &# ; %*&# + + + + + + + + + + 60 $%" *&$ & 0 $ #"%$0#7 ! +, %50$" '7 + * %50$)"! &# ; %*&# + + + + + + + + + + "* !"#"$ "%#!" &! 0! 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" # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 97 !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" %# 2 !)% 0" + + + + + + + + % + 46 !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" %# 2 !)% 0" + + + + + + + + % + '4/ !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" %# 2 !)% 0" + + + + + + + + % + . !"#"$ "%#!" &! ! ) % A +, - . &! + $/%#"$ 0" %# 2 !)% 0" + + + + + + + + % + 7%7 !"#"$ "%#!" &! ! ) % A)% +, - . &! + $/%#"$ 0" %# 2 !)% 0" + + + + + + + + )%% + *%$/ #"*" # !* %2 0" !& 0" + + + + + + +;1+ + %53 !"#"$ "%#!" &! ! ) % #") * +, - . &! + $/%#"$ 0" !& 0" + + + + + + +;1+ + 60 '&&( .%20" & 0 $ #"%$0#7 ! +, %50$" '7 ;+ 0! $ "*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 " '%$ $ & 0 $ #"%$0#7 ! +, %50$" '7 ;+ 0! $ "*#"%$" & %50$ &# */%!" ! * + +;1+ + + + + + + 60 $%" *&$ & 0 $ #"%$0#7 ! +, %50$" '7 ;+ 0! $ "*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 %# .%20" & 0 $ #"%$0#7 ! +, %50$" '7 ;+ 0! $ "*#"%$" & %50$ &# */%!" ! * + + + + +;1+ + + + 60 '&&( .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 " '%$ $ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + 1+ + + + + + + 60 $%" *&$ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 %# .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + 1+ + + + 60 '&&( .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 60 " '%$ $ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + 1+ + + + + + + 60 $%" *&$ & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + + + + + 60 %# .%20" & 0 $ #"%$0#7 ! +, %50$" '7 + 0! $ !*#"%$" & %50$ &# */%!" ! * + + + + + 1+ + + + 7"% !"#"$ "%#!" &! )&#%! $%!2"7 +, - . &! + $/%#"$ 0" + + + + + + + 1+ + ** !"#"$ "%#!" &! 0 $ #"%$0#7 ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + */" !"#"$ "%#!" &! 0 $ #"%$0#7 ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + *5! !"#"$ "%#!" &! 0 $ #"%$0#7 ! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + * !"#"$ "%#!" &! %)%3&! *&) !* +, - . &! + $/%#"$ 0" + + + + + + + 1+ + . !"#"$ "%#!" &! #$ %) &. &' *2 3 0! &! + $/%#"$ 0" !"#"$ #&) & + + + + + + + 1+ 344 + *' !"#"$ "%#!" &! /&!"76"22 +, - . &! + $/%#"$ 0" + + + + + + + 1+ + 53 !"#"$ "%#!" &! 0 $ #"%$0#7 ' 22 - . &! + $/%#"$ 0" 11 %# .%20" % , + + + + + + + 1+ + 57 !"#"$ "%#!" &! / 2 ) * )2*2 ) +, - . &! + $/%#"$ 0" + + + + + + +;1+ /2 + 57 !"#"$ "%#!" &! / 2 ) * )2*2 ) +, - . &! + $/%#"$ 0" -+. &! 1+ . 0" + + + + + + + 1+ /2 + %6)! !"#"$ "%#!" &! / 2 ' "' +, - . &! + $/%#"$ 0" + + + + + + + 1+ + (/ !"#"$ "%#!" &! #&7%2 '%!( & )! +, - . &! + $/%#"$ 0" + + + + + + + 1+ + ! 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""#" &6!"# +, + +;1+ + +;1+ + 1+ 5& + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 0%* % &6! %# .%20" & 5&/! ""#" &6!"# +, + +;1+ + +;1+ + 1+ 5& + 9%* % &6! %# .%20" & 5&/! ""#" &6! +, + +;1+ + +;1+ + 1+ 5& + %%* % &6! %# .%20" & 5&/! ""#" &6!# # +, + +;1+ + +;1+ + 1+ 5& + %53 0#*/%$" %# .%20" & ! ) % #") * +, &)0$ &#&!& &) ! &! 0$11+ %# .%20" % + , + + 11+ + + 11+ +;11+ + %53 % %**#0" !"#"$ &! 0#*/%$" & ! ) % #") * +, + + + + + + +;+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;1+ + +;1+ + 1+ 344 + %* % &6! %# .%20" & ) ! *&!$ %0& +, # !* ! 0" + +;1+ + +;1+ + 1+ * + %* % &6! %# .%20" & ) ! *&!$ %0 +, # !* ! 0" + +;1+ + +;1+ + 1+ * + %* % &6! %# .%20" & ) ! *&!$ %0& +, + +;1+ + +;1+ + 1+ * + %53 0#*/%$" %# .%20" & ! ) % #") * +, '%!( & !"6 7&#(11+ %# .%20" % + , + + 11+ + + 11+ +;11+ + %53 % %**#0" !"#"$ &! 0#*/%$" & ! ) % #") * +, + + + + + + +;+ + %53 % %**#0" !"#"$ &! 0#*/%$" & ! ) % #") * +, + + + + + + + + + %53 0#*/%$";#". %# .%20" & ! ) % #") * +, &)0$ &#&!& &) ! &! 0$11+ %# .%20" % + , + +;11+ + +;11+ ;+ 11+ + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 1+ + + 1+ +;1+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + + + + + +;+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 *%3 % &6! %# .%20" & ! ) % A +, %# 2 !)% 0" + +;+ + ;+;+ + + ) + ** % &6! %# .%20" & ! ) % A +, %# 2 !)% 0" + +;+ + ;+;+ + + ) + *! % &6! %# .%20" & ! ) % A +, %# 2 !)% 0" + +;+ + +;+ + + ) + *!) % &6! %# .%20" & ! ) % A +, %# 2 !)% 0" + +;+ + +;+ + + ) + *' % &6! %# .%20" & ! ) % A +, %# 2 !)% 0" + +;+ + +;+ + + ) + )%* % &6! %# .%20" & ) ! %0& 2$! # +, *)& !%2 %7&6! + +;1+ + +;1+ + 1+ % + %* % &6! %# .%20" & ) ! %0& 2$! +, + +;1+ + +;1+ + 1+ % + 2%* % &6! %# .%20" & &7&% 2"%$" &6!"# +, + +;1+ + +;1+ + 1+ 2& + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 1+ + + 1+ +;1+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 1+ + + 1+ +;1+ 344 + %* % &6! %# .%20" & /&!% %0& +, + +;1+ + +;1+ + 1+ + %* % &6! %# .%20" & /&!% %0& #"* +, + +;1+ + +;1+ + 1+ /%# + %%* $&2 %# .%20" & ')6 ."/ *2" 2"%$" +, ) $0' $/ 05 $"*0# "$ =0$%1 %# .%20" % + , + +;1+ + ;1+;1+ + 1+ + %%* #"*" ." %**#0" !"#"$ &! $%2" & ')6 ."/ *2" 2"%$" +, + + + + + + + 1+ + #% $&2 %# .%20" & ')6 ."/ &6!"# # +, ) $0' $/ 05 $"*0# "$ =0$%11+ %# .%20" % + , + +;11+ + ;1+;11+ + 11+ '.& + #% #"*" ." %**#0" !"#"$ &! $%2" & ')6 ."/ &6!"# # +, + + + + + + + 1+ '.& + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + (%* $&2 %# .%20" & /0!% %0& #"* # +, &2)%! $%*/$ < *&+ 22*11+ %# .%20" % + , + +;11+ + ;1+;11+ + 11+ /%# + (%* #"*" ." %**#0" !"#"$ &! $%2" & /0!% %0& #"* # +, + + + + + + + + /%# + 0%* $&2 %# .%20" & 5&/! ""#" &6!"# +, '%#*2%7$ *% %2 !*+ 4" !1+ %# .%20" % + , + +;1+ + ;1+;1+ + 1+ 5& + 0%* #"*" ." %**#0" !"#"$ &! $%2" & 5&/! ""#" &6!"# +, + + + + + + + + 5& + !0* % &6! %# .%20" & ! ) % A +, %# 2 !)% 0" + +;+ + ;+;+ + + % + ( % &6! %# .%20" & ! ) % A +, %# 2 !)% 0" + +;+ + ;+;+ + + % + '" % &6! %# .%20" & / 2 ' #") * +, + +;1+ + ;1+;1+ + 1+ + " % &6! %# .%20" & ! ) % A%2 +, %# 2 !)% 0" + +;+ + ;+;+ + + %2% + 57 % &6! %# .%20" & / 2 ) * )2*2 ) +, + +;1+ + ;+;1+ + 1+ /2 + 9#" % &6! %# .%20" & ! ) % #") * +, + +;+ + +;+ + + !) + 53 % &6! %# .%20" & ! ) % A +, %# 2 !)% 0" + +;+ + ;+;+ + + % + 4 % &6! %# .%20" & ! ) % A +, %# 2 !)% 0" + +;+ + ;+;+ + + % + 97 % &6! %# .%20" & ! ) % A +, %# 2 !)% 0" + +;1+ + ;+;1+ + 1+ % + 46 % &6! %# .%20" & ! ) % A +, %# 2 !)% 0" + +;+ + +;+ + + % + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 '4/ % &6! %# .%20" & ! ) % A +, %# 2 !)% 0" + +;+ + ;+;+ + + % + . % &6! %# .%20" & ! ) % A +, %# 2 !)% 0" + +;+ + ;+;+ + + % + 7%7 % &6! %# .%20" & ! ) % A)% +, %# 2 !)% 0" + +;+ + ;+;+ + + )%% + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 1+ + + 1+ +;1+ 344 + " 0#*/%$" %# .%20" & #* $# $ $&!"4 !%!* %2 !*+11 %# .%20" % + , + + 11+ + + 11+ +;11+ + 60 $&2 %# .%20" & 0 $ #"%$0#7 ! +, !)# 0$ !&)0#% $"*$ !2 !7'"* 1 %# .%20" % + , + +;1+ + 1+;1+ + 1+ + 60 #"*" ." %**#0" !"#"$ &! $%2" & 0 $ #"%$0#7 ! +, + + + + + + + + + 57 % &6!;#. %# .%20" & / 2 ) * )2*2 ) +, + + 1+ + + 1+ +;1+ /2 + . $&2 0! $ & #$ %) &. &' *2 3 + +;1+ + +;1+ + 1+ 344 + . $&2 0! $ & #$ %) &. &' *2 3 + +;1+ + +;1+ + 1+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + 7"% 022 *%22 %# .%20" & )&#%! $%!2"7 +, *%22$ + +;11+ + ;1+;11+ + 11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 1+ + + 1+ +;1+ 344 + (%* $# '0" %# .%20" & /0!% %0& #"* # +, .%20" % + #%* &!%2 $/#$ + +;+ + +;+ + + /%# + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 53 0#*/%$" %# .%20" & 0 $ #"%$0#7 ' 22 '%#*2%7$ *% %2 !*+ 4" !11 %# .%20" % + , + + 11+ + + 11+ +;11+ + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 1+ + + 1+ +;1+ 344 + 5/ 0#*/%$" %# .%20" & */".#&! *&# $* *&)2 * '&% $"*0# "$1 !*+4 !*11 %# .%20" % + , + + 11+ + + 11+ +;11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + 53 )%0#" %# .%20" & 0 $ #"%$0#7 ' 22 11 %# .%20" % , + +;11+ + +;11+ + 11+ + 57 % &6! %# .%20" & / 2 ) * )2*2 ) +, + +;1+ + ;+;1+ + 1+ /2 + . $&2 0! $ & #$ %) &. &' *2 3 + +;+ + +;+ + + 344 + #. $&2 %# .%20" & *%"# 22%# !2 )! +, &#&!& &) ! &! $"*0# "$ =011 %# .%20" % + , + +;11+ + ;1+;11+ + 11+ + #. #"*" ." %**#0" !"#"$ &! $%2" & *%"# 22%# !2 )! +, + + + + + + + 1+ + 52 0#*/%$" %# .%20" & */".#&! *&# $* *&)2 * '&% $"*0# "$1 !*+4 !*11 %# .%20" % + , + + 11+ + + 11+ +;11+ + %0* $&2 %# .%20" & / 2 ' "' +, #'$ $"*0# "$ !*+11 %# .%20" % + , + +;11+ + ;1+;11+ + 11+ + %0* #"*" ." %**#0" !"#"$ &! $%2" & / 2 ' "' +, + + + + + + + 1+ + 7 0#*/%$" %# .%20" & ! ) % $* ! 0'$ $"*0# "$ 22*4&* 11 %# .%20" % + , + + 11+ + + 11+ +;11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 *' $&2 %# .%20" & 5)&#%! */%$" *& $# +, &2)%! $%*/$ < *&+ 22*11 %# .%20" % + , + +;11+ + 1+;11+ + 11+ + *' #"*" ." %**#0" !"#"$ &! $%2" & 5)&#%! */%$" *& $# +, + + + + + + + 1+ + %* $&2 %# .%20" & )"#*""$ '"!3 %0& +, '&)*% '%!( & )&!#"%211 %# .%20" % + , + +;11+ + ;1+;11+ + 11+ )'% + %* #"*" ." %**#0" !"#"$ &! $%2" & )"#*""$ '"!3 %0& +, + + + + + + + 1+ )'% + 7"4 $&2 %# .%20" & )&#%! $%!2"7 +, 6"22$ %#& $"*0# "$1 22*11 %# .%20" % + , + +;11+ + 1+;11+ + 11+ )$ + 7"4 #"*" ." %**#0" !"#"$ &! $%2" & )&#%! $%!2"7 +, + + + + + + + 1+ )$ + %) $&2 %# .%20" & &#&!& )! +, * #&0 2&'%2 )%#("$ !*+11 %# .%20" % + , + +;11+ 1+ +;11+ + 11+ + %) #"*" ." %**#0" !"#"$ &! $%2" & &#&!& )! +, + + + + + + + 1+ + %0 $&2 %# .%20" & &#&!& &) ! &! )! +, #'$ $"*0# "$ !*+11 %# .%20" % + , + +;11+ 1+ +;11+ + 11+ + %0 #"*" ." %**#0" !"#"$ &! $%2" & &#&!& &) ! &! )! +, + + + + + + + 1+ + % $&2 %# .%20" & &7&% %0& #"* # +, '&)*% '%!( & )&!#"%211 %# .%20" % + , + +;11+ 1+ +;11+ + 11+ %# + % #"*" ." %**#0" !"#"$ &! $%2" & &7&% %0& #"* # +, + + + + + + + 1+ %# + . $&2 0! $ & #$ %) &. &' *2 3 + +;1+ + +;1+ + 1+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 1+ + + 1+ +;1+ 344 + 5/ )%0#" %# .%20" & */".#&! *&# $* *&)2 * 11 %# .%20" % , + +;11+ + +;11+ + 11+ + ! " # $ # $6 &!& #'()*+)''+3 ,,-". / 0 -#1 *" % &6! %# .%20" & / 2 ) * )2*2 ) +, + +;+ + ;+;+ 1+ + /2 + $63 % &6! %# .%20" & / 2 ) * A +, )%7 /2)* 0" + +;+ + +;+ + + + 7 )%0#" %# .%20" & ! ) % $* ! 11 %# .%20" % , + +;11+ + +;11+ + 11+ + . $&2 0! $ & #$ %) &. &' *2 3 + +;11+ + +;11+ + 11+ 344 + . 0#*/%$" 0! $ & #$ %) &. &' *2 3 + + 11+ + + 11+ +;11+ 344 + %* % &6! %# .%20" & ) ! *&!$ %0& +, + +;1+ + +;1+ + 1+ * + %* % &6! %# .%20" & ) ! *&!$ %0 +, + +;1+ + +;1+ + 1+ * + %* % &6! %# .%20" & ) ! *&!$ %0& +, + +;1+ + +;1+ + 1+ * + '%* % &6! %# .%20" & /&!% %0& #"* &6! +, + +;1+ + +;1+ + 1+ /%# + % % &6! %# .%20" & /70!% %0& #"* +, + +;1+ + +;1+ + 1+ /%# + 2%* % &6! %# .%20" & /70!% %0& #"* +, + +;1+ + +;1+ + 1+ /%# + % % &6! %# .%20" & /70!% %0& #"* # +, + +;1+ + +;1+ + 1+ /%# + 5%* % &6! %# .%20" & 5&/! ""#" &6!"# +, + +;1+ + +;1+ + 1+ 5& + 9%* % &6! %# .%20" & 5&/! ""#" &6! +, + +;1+ + +;1+ + 1+ 5& + %%* % &6! %# .%20" & 5&/! ""#" &6!# # +, + +;1+ + +;1+ + 1+ 5& + 75 0#*/%$" %# .%20" & / 2 ' $* !$ 6"22$ %#& $"*0# "$1 22*11 %# .%20" % + , + + 11+ + + 11+ +;11+ + ! 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ar Value Book Value Market Value Rate Yield Balance 6/1/2024 $50,235,396 $50,235,396 $50,235,396 4.48 4.48 Deposits: 6/20/2024 28,000,000 28,000,000 28,000,000 4.48 4.48 Total Deposits 28,000,000 28,000,000 28,000,000 4.48 4.48 Quarterly Interest Distribution - - - 4.48 4.48 Withdrawals: 6/10/2024 (5,600,000) (5,600,000) (5,600,000) 4.48 4.48 6/12/2024 (9,100,000) (9,100,000) (9,100,000) 4.48 4.48 6/18/2024 (4,300,000) (4,300,000) (4,300,000) 4.48 4.48 6/25/2024 (10,700,000) (10,700,000) (10,700,000) 4.48 4.48 6/26/2024 (5,000,000) (5,000,000) (5,000,000) 4.48 4.48 Total Withdrawals (34,700,000) (34,700,000) (34,700,000) 4.48 4.48 Balance 6/30/2024 $43,535,396 $43,535,396 $43,535,396 4.48 4.48 Orange County Sanitation District Investment Transactions and Balances in the State of California Local Agency Investment Fund June 30, 2024 Current Period Year-to-Date Go Paperless. Securely access your accounts online to view your statements. Ask your BNY Mellon contact how we can help you accessyour account balances and activity in real time, receive your reports, enter your own transactions or submit an audit confirmation online. Also be sure to ask how NEXEN(SM) Gateway, our new cloud-based ecosystem, can help you. Visit us at www.bnymellon.com CLIENT SERVICE MANAGER: ROSS KEGLER Percent of all Investments Asset Classification Market Value 100% TOTAL OF ALL INVESTMENTS 250,000.00 Estimated MarketAsset Classification Market Value Cost Accrued Income Annual Income Yield ACCOUNT TOTALS 250,000.00 250,000.00 0.00 0.00 0.00 % Realized Transaction Category Income Principal Gains/Losses Income Principal OPENING BALANCE 2,403.62- 252,403.62 2,403.62- 252,403.62 CLOSING BALANCE 2,403.62- 252,403.62 0.00 2,403.62- 252,403.62 Account Statement Account Overview Summary of Assets Held by Asset Classification Summary of Cash Transactions by Transaction Category Statement Period 06/01/2024 Through 06/30/2024 Account 00300282 Base Currency = USDOCSD LIBERTY MUTUAL 240 GREENWICH STNEW YORK, NY 10286+12128152716ROSS.B.KEGLER@BNYMELLON.COM 100% CASH AND SHORT TERM 250,000.00 CASH AND SHORT TERM 250,000.00 250,000.00 0.00 0.00 0.00 % The above cash transactions summary is provided for information purposes only and may not reflect actual taxable income or deductible expenses as reportable under the Internal Revenue Code. Page 1 of 2 e 1 2 2 4 1 3 n 1 0 8 1 8 1 a 0 1 t D O M i W I s 5 2 4 , 7 0 1 The Bank of New York Mellon may utilize subsidiaries and affiliates to provide services and certain products to the Account. Subsidiaries and affiliates may be compensated for their services and products. The value of securities set forth on this Account Statement are determined by The Bank of New York Mellon for Corporate Trust on the basis of market prices and information obtained by The Bank of New York Mellon from unaffiliated third parties (including independent pricing vendors) ("third party pricing services"). The Bank of New York Mellon has not verified such market values or information and makes no assurances as to the accuracy or correctness of such market values or information or that the market values set forth on this Account Statement reflect the value of the securities that can be realized upon the sale of such securities. In addition, the market valuesfor securities set forth in this Account Statement may differ from the market prices and information for the same securities used by other business units of The Bank of New York Mellon or its subsidiaries or affiliates based upon market prices and information received from other third party pricing services utilized by such other business units. Corporate Trust does not compare its market values with those used by, or reconcile different market valuesused by, other business units of The Bank of New York Mellon or its subsidiaries or its affiliates. The Bank of New York Mellon shall not be liable for any loss, damage or expense incurred as a result of or arising from or related to the market values or information provided by third party pricing services or the differences in market prices or information provided by other third party pricing services. No Transactions This Period Accrued Estimated Market Shares/Par Value Asset Description Market Price Market Value Cost Average Cost Income Income Yield Realized Transaction Date Transaction Description Income Principal Cost Gains/Losses Statement Period 06/01/2024 Through 06/30/2024 Statement of Assets Held by Asset Classification Statement of Transactions by Transaction Date Account 00300282 Base Currency = USDOCSD LIBERTY MUTUAL CASH BALANCE 250,000.00 250,000.00 0.00000 0.00 0.00 0.00% Total Market Value Plus Total Accrued Income 250,000.00 Cumulative realized capital gain and loss position from 12/31/2023 for securities held in principal of account: Short Term: 0.00 * Long Term: 0.00 * * The above gain and loss position does not include transactions where tax cost information is incomplete or unavailable. CASH AND SHORT TERM Total CASH AND SHORT TERM 250,000.00 250,000.00 0.00 0.00 0.00% ACCOUNT TOTALS 250,000.00 250,000.00 0.00 0.00 0.00% Page 2 of 2 e 1 2 2 4 1 3 n 1 0 8 1 8 1 a 0 1 t D O M i W I s 5 2 4 , 7 0 2 Orange County Sanitation District PARS 115 Trust – Pension Rate Stabilization Program Client Review July, 2024 Orange County Sanitation District థ 2 Contacts Jennifer Meza, CEBS Senior Manager, Consulting (800) 540-6369 x141 jmeza@pars.org Ashley Baires Client Services Coordinator (800) 540-6369 x170 abaires@pars.org J. Keith Stribling, CFA Senior Portfolio Manager (949) 966-3373 james.stribling@pfmam.com Orange County Sanitation District థ 3 •HighMark Capital Management (HighMark) previously served as investment manager for your PARS plans since the inception of the plan in 2021 •On January 1, 2024, HighMark’s institutional advisory business was transferred to PFM Asset Management (PFMAM) •Your PARS plan assets are now currently managed by PFMAM as a result of this transition •No change in your District’s portfolio’s asset allocation or investment strategy selection •No additional action is required by your District •Investments portfolios will continue to be managed by portfolio managers at PFMAM who were formerly from both HighMark and U.S. Bank Investment Manager UPDATE Orange County Sanitation District థ 4 Pars Trust Team Trust Administrator & Consultant* 40 Years of Experience(1984-2024) 2,000+ Plans under Administration 1,000+ Public AgencyClients $8.1 B Assets under Administration Investment Manager •Investment sub-advisor to trustee U.S. Bank •Institutional asset management solutions •Fixed income and multi asset portfolios •Active and passive platform options •Customized portfolios (with minimum asset level) 40+ Years of Experience(As of 3/31/24) $244.8 B * Assets under Management & Advisement Trustee •5th largest commercial bank •Safeguard plan assets •Oversight protection as plan fiduciary •Custodian of assets 161 Years of Experience(1863-2024) $10.3 T Assets under Administration 500+ 115 Trust Clients •Serves as record-keeper, consultant, and central point of contact •Sub-trust accounting •Coordinates all agency services •Monitors plan compliance (IRS/GASB/State Government Code) •Processes contributions/disbursements •Hands-on, dedicated support teams 500 K+ Plan Participants *Assets under management and advisement as of March 31, 2024, includes fixed income and multi asset class portfoliosInvestment Management Services by PFM Asset Management as sub-advisor * See important information regarding PARS in the Disclaimer page at the end of the presentation. Orange County Sanitation District థ 5 Subaccounts OPEB and pension assets are individually sub-accounted, and can be divided by dept., bargaining group, or cost center. Assets in the PARS Section 115 Combination Trust can be used to address unfunded liabilities. Financial Stability Allows separate investment strategies for OPEB and pension subaccounts. Flexible Investing OPEB and pension assets aggregate and reach lower fees on tiered schedule sooner –saving money! Economies-of-ScaleAnytime Access Trust funds are available anytime; OPEB for OPEB and pension for pension. No set-up costs, no minimum annual contribution amounts, and no fees until assets are added. No Set Up Cost or Minimums Retiree Medical Benefits Prefund OPEB GASB 75 OPEB Reimburse agency; or Pay benefits provider Pension Rate Stabilization Program Prefund Pension (PRSP)GASB 68 Pension $15.7 M Reimburse agency; or Pay retirement system Assets can be used to:Assets can be used to: prefundeither or both General Fund PARS IRS-Approved Section 115 Trust ORANGE COUNTY SANITATION DISTRICT థ 6 Plan Type:IRC Section 115 Irrevocable Exclusive Benefit Trust Trustee Approach:Discretionary Plan Effective Date:November 17, 2021 Plan Administrator:General Manager Current “OC SAN A1” Investment Strategy:Moderate Strategic Blend (Active); Individual Account Current “OC SAN B1” Investment Strategy:Balanced Strategic Blend (Active); Individual Account Summary of Agency’s 115 Trust AS OF JUNE 30, 2024: OC SAN A1 OC SAN B1 TOTAL Initial Contribution:January 2022: $10,000,000 January 2022: $5,000,000 January 2022: $15,000,000 Additional Contributions:$0 $0 $0 Total Contributions:$10,000,000 $5,000,000 $15,000,000 Disbursements:$0 $0 $0 Net Investment Earnings:$433,547 $312,560 $746,107 Account Balance:$10,433,547 $5,312,560 $15,746,107 ORANGE COUNTY SANITATION DISTRICT థ 7 $0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 $16,000,000 $18,000,000 Ja n - 2 2 Fe b - 2 2 Ma r - 2 2 Ap r - 2 2 Ma y - 2 2 Ju n - 2 2 Ju l - 2 2 Au g - 2 2 Se p - 2 2 Oc t - 2 2 No v - 2 2 De c - 2 2 Ja n - 2 3 Fe b - 2 3 Ma r - 2 3 Ap r - 2 3 Ma y - 2 3 Ju n - 2 3 Ju l - 2 3 Au g - 2 3 Se p - 2 3 Oc t - 2 3 No v - 2 3 De c - 2 3 Ja n - 2 4 Fe b - 2 4 Ma r - 2 4 Ap r - 2 4 Ma y - 2 4 Ju n - 2 4 Plan Month Ending Contributions Disbursements Total Assets Summary of Agency’s 115 Trust HISTORY OF CONTRIBUTIONS, DISBURSEMENTS, AND TOTAL ASSETS AS OF JUNE 30, 2024: Month Contributions Disbursements Total Assets Jan-22 $15,000,000 $0 $14,910,223 Feb-22 $0 $0 $14,649,008 Mar-22 $0 $0 $14,623,146 Apr-22 $0 $0 $13,784,198 May-22 $0 $0 $13,810,584 Jun-22 $0 $0 $13,070,591 Jul-22 $0 $0 $13,715,516 Aug-22 $0 $0 $13,339,975 Sep-22 $0 $0 $12,469,379 Oct-22 $0 $0 $12,861,764 Nov-22 $0 $0 $13,449,662 Dec-22 $0 $0 $13,082,100 Jan-23 $0 $0 $13,769,178 Feb-23 $0 $0 $13,434,801 Mar-23 $0 $0 $13,645,922 Apr-23 $0 $0 $13,737,708 May-23 $0 $0 $13,629,567 Jun-23 $0 $0 $14,073,051 Jul-23 $0 $0 $14,383,732 Aug-23 $0 $0 $14,121,531 Sep-23 $0 $0 $13,634,297 Oct-23 $0 $0 $13,312,592 Nov-23 $0 $0 $14,224,356 Dec-23 $0 $0 $14,904,815 Jan-24 $0 $0 $14,897,168 Feb-24 $0 $0 $15,218,533 Mar-24 $0 $0 $15,557,873 Apr-24 $0 $0 $15,064,496 May-24 $0 $0 $15,537,849 Jun-24 $0 $0 $15,746,107 ORANGE COUNTY SANITATION DISTRICT థ 8 2022 ACFR Valuation Date: June 30, 2021 2023 ACFR Measurement Date: June 30, 2023 Total Pension Liability $20.4 M $20.1 M Fiduciary Net Position (Asset)$0 $0 Net Pension Liability $20.4 M $20.1 M Funded Ratio 0.00% 0.00% Service Cost $835 K $545 K (FY 21-22)(FY 22-23) Discount Rate 3.69% 3.86% Pension Funding Status As of June 30, 2023, Orange County Sanitation District’s ARBA pension plan is funded as *: * Data from Agency’s Annual Comprehensive Financial Report for FYE 2022 and 2023. ORANGE COUNTY SANITATION DISTRICT థ 9 2022 ACFR Valuation Date: June 30, 2021 2023 ACFR Measurement Date: June 30, 2023 Approximate Total Pension Liability Proportionate Share for OCERS $146.8 M (8.72%) $10.5 M (.20%) Fiduciary Net Position (Asset)$178.7 M $10.6 M Proportionate Share of Unfunded Net Pension Liability ($31.9 M) ($127 K) Funded Ratio 121.74% 101.22% Employer Contribution Amount $8.5 M $8.8 M (FY 21-22)(FY 22-23) Discount Rate 7.00% 7.00% Pension Funding Status As of June 30, 2023, Orange County Sanitation District’s OCERS pension plan is funded as *: * Data from Agency’s Annual Comprehensive Financial Report for FYE 2022 and 2023. Orange County Sanitation District థ10 -15.00% -10.00% -5.00% 0.00% 5.00% 10.00% 15.00% Ju n - 2 2 Ju n - 2 3 Ju n - 2 4 Plan Year Ending AS OF JUNE 30, 2024 Pension Plan total Returns *Plan Year Ending June 2022 is based on 6 months of activity. Returns are net of the embedded fund fees and gross of trustee and trust administrator fees Information as provided by US Bank, Trustee for PARS; Not FDIC Insured; No Bank Guarantee; May Lose Value. Past performance does not guarantee future results. Performance returns are impacted by agency plan activity and may not reflect the deduction of applicable fees, which could reduce returns. Information is deemed reliable but may be subject to change. The advisor to the PARS portfolios is U.S. Bank, and PFM Asset Management serves as sub-advisor to U.S. Bank to manage these portfolios. Please see important additional disclosures to the PARS portfolios included in the individual strategy information at the end of this presentation. Inception to Date (Annualized) 2.23% Year Returns Jun-22*-13.10% Jun-23 8.16% Jun-24 12.43% BOARD OF DIRECTORS Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3754 Agenda Date:8/28/2024 Agenda Item No:7. FROM:Robert Thompson, General Manager Originator: Wally Ritchie, Director of Finance SUBJECT: GENERAL MANAGER APPROVED PURCHASES AND ADDITIONS TO THE PRE-APPROVED OEM SOLE SOURCE LIST GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: A.Receive and file Orange County Sanitation District purchases made under the General Manager’s authority for the period of April 1, 2024 to June 30, 2024; and B.Approve the following additions to the pre-approved Original Equipment Manufacturers (OEM) Sole Source List: ·CALIFORNIA TRUCK EQUIPMENT COMPANY (CTEC) - Service Truck Tool Box Storage Systems ·INTEGRATED TURBO MACHINERY - Maintenance, Repairs, and Service of Steam Turbine Multi-Stage Rotor ·NETZSCH - Pumps, Parts, and Service ·XYLEM (SANITAIRE) - Diffused Aeration Equipment and Parts ·YORKE ENGINEERING, LLC. - Air Quality Consulting Services for Supercritical Water Oxidation (SCWO) Pilot Project BACKGROUND Staff provides the Administration Committee and the Board of Directors quarterly reports of General Manager approved and executed purchases between $50,000 and $150,000;maintenance and repair Services Task Orders between $50,000 and $500,000;and additions to the pre-approved OEM Sole Source List. The list of additions to the pre-approved OEM Sole Source List displays the OEM added this quarter that require sole source procurement to maintain,service,or replace equipment currently in operation at District facilities,because the parts and/or service can only be provided by the OEM or their designated representative. Orange County Sanitation District Printed on 8/21/2024Page 1 of 6 powered by Legistar™ File #:2024-3754 Agenda Date:8/28/2024 Agenda Item No:7. RELEVANT STANDARDS ·Quarterly financial reporting ·Ensure the public’s money is wisely spent PRIOR COMMITTEE/BOARD ACTIONS December 2016 -Minute Order 12(b)authorized the General Manager to ratify additions or deletions to the OEM Sole Source list on the General Manager’s quarterly approved purchases agenda report. ADDITIONAL INFORMATION In accordance with Board purchasing policies,Ordinance No.OC SAN-61,the General Manager has authority to approve and execute purchases between $50,000 and $150,000.Below is a summary of General Manager approved purchases,in amounts exceeding $50,000,for the fourth quarter of fiscal year 2023-24: Vendor Name Amount Department Description/Discussion AGILENT TECHNOLOGIES INC $80,000.00 Environmental Services Convenience Blanket PO for Miscellaneous Laboratory Supplies 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) AIRGAS USA, LLC $140,000.00 Operations & Maintenance Convenience Blanket PO for Miscellaneous Signs, Welding Supplies, and the Repair & Inspection of Welding Equipment 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) ALLIED NETWORK SOLUTIONS, INC. $52,775.00 Administrative Services Blanket PO for Tenable OT Security Annual Subscription (Up to 2500 Assets) 5/2/24 - 5/1/25 Informal Bid 133866-OR C.E. MECHANICAL, INC. $90,000.00 Operations & Maintenance Convenience Blanket PO to Provide Services and Repairs to HVAC Systems 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) CAVANAUGH MACHINE WORKS $75,000.00 Operations & Maintenance Convenience Blanket PO for Miscellaneous Machine Work Needed for Rebuild 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) CHART INTERNATIONAL, INC- (SERVICES ONLY) $90,000.00 Operations & Maintenance Blanket PO for LOX System Repairs and Related Equipment Rental 7/1/24-6/30/26 GM Article 2, Section 2.2 (b) (1) CLIMATEC, LLC $90,000.00 Operations & Maintenance Convenience Blanket PO to Provide Services and Repairs to HVAC Systems 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) CORNERSTONE ONDEMAND, INC. $101,759.15 Administrative Services Annual Renewal for Cornerstone OnDemand Software Board Approved OEM Sole Source List M.O. 12/14/16, Item 12 (B) CORTECH ENGINEERING, INC., A DXP COMPANY $62,894.00 Administrative Services Stock Item Purchase of Two (2) SEEPEX 60/500-6L Rotors, Two (2) SEEPEX 60/500- 6L Stators Board Approved OEM Sole Source List M.O. 12/14/16, Item 12(B) CR&R $60,000.00 Operations & Maintenance Convenience Blanket PO to Provide 40 Yard Trash Dumpsters at Plant 1 and 2 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) CTEC $83,935.50 Operations & Maintenance Retrofit Three (3) Service Body Trucks with OEM Shelving and Drawer Systems for Tool Storage Sole Source Justification 2793 Reason: OEM Equipment/Part/Service DC FROST ASSOCIATES, INC. $53,600.00 Administrative Services Stock Item Purchase of Eight Thousand (8,000) Membrane Disc Diffusers Board Approved OEM Sole Source List M.O. 12/14/16, Item 12(B) DEMARIA ELECTRIC MOTOR SERVICES, INC. $140,000.00 Operations & Maintenance Convenience Blanket PO for Off-Site Motor Repairs for Plant 1, Plant 2, and Pump Stations 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) FISHER SCIENTIFIC COMPANY LLC $95,000.00 Operations & Maintenance Convenience Blanket PO for Miscellaneous Laboratory Supplies 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) FRANKLIN MILLER, INC. $83,304.00 Administrative Services Stock Item Purchase of One (1) TASKMASTER TM851208 Grinder Board Approved OEM Sole Source List M.O. 5/27/20, Item 14(B) GARRATT CALLAHAN COMPANY $60,000.00 Operations & Maintenance Convenience Blanket PO to Provide Chemicals for Cogen and HVAC Group, Formulas, Equipment, and Reagents for Plant 1 and 2 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) GEA MECHANICAL EQUIPMENT US, INC. $112,134.55 Administrative Services Stock Item Purchase of GEA Westfalia Centrifuge Parts Board Approved OEM Sole Source List M.O. 9/23/20, Item 12(B) GRAYBAR ELECTRIC COMPANY WALNUT CA $80,000.00 Operations & Maintenance Convenience Blanket PO to Provide Miscellaneous Electrical Parts and Supplies 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) GRM INFORMATION MANAGEMENT SVCS for OPs $100,000.00 General Manager’s Office Convenience Blanket PO for Offsite Records Storage, Document Destruction (Shredding), and Related Activities 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) HAAKER EQUIPMENT CO $60,000.00 Operations & Maintenance Convenience Blanket to Provide Miscellaneous Repairs, Parts and Services For Haaker Vehicles 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) HARDY & HARPER INC $55,575.00 Operations & Maintenance Adjust Forty-One (41) Manhole Frame and Covers for the Street Pavement Rehabilitation Project SP-4261 Sole Source Justification 2794 Reason: Unique Product/Service INSIGHT PUBLIC SECTOR, INC. $57,160.87 Administrative Services Blanket PO for Abnormal Security Software Renewal 4/25/24 - 4/24/25 Omnia Partners Contract # 23-6692-03, in Accordance with Ordinance OC SAN-61 Section 2.03 (B) Cooperative Purchases INSIGHT PUBLIC SECTOR, INC. $59,458.38 Administrative Services SolarWinds Software Annual Maintenance Renewal 6/30/24 - 6/30/25 Omnia Partners Contract #23-6692-03, in Accordance with Ordinance OC SAN-61 Section 2.03 (B) Cooperative Purchases INTEGRATED POWER SERVICES LLC $140,000.00 Operations & Maintenance Convenience Blanket to Provide Off-site Motor Repair Services for Plant 1, Plant 2 and Pump Stations 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) JAMISON ENGINEERING CONTRACTORS, INC. $90,000.00 Operations & Maintenance Convenience Blanket PO for Maintenance and Emergency Repairs on Trickling Filters at Plant 1 and 2 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) KEN GRODY FORD$75,883.00 Operations & Maintenance Purchase of One (1) New 2024 Ford F-650 Truck Approved CORF Budget FY 23/24 Sole Source Justification 2791 Reason: Unique Product/Service LEED ELECTRIC, INC. $94,627.00 Operations & Maintenance Sunflower Pump Station Pump #2 Power Cable Replacement at Plant 1 Informal Bid 134171-OR MARSI A. STEIRER $75,000.00 General Manager’s Office Blanket PO to Provide Hearing Officer Services 5/1/24 to 12/31/24 Sole Source Justification 2788 Reason: Unique Product/Service MOBILE HOSE & HYDRAULIC SUPPLY $60,000.00 Operations & Maintenance Convenience Blanket Purchase Order for Hose Repairs and Services 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) NATIONAL AUTO FLEET GROUP $57,463.48 Operations & Maintenance Purchase of Two (2) New 2024 Maverick (W8H) XLT FWD Supercrew Trucks Approved CORF Budget FY 23/24 Sourcewell Contract# 091521-NAF, in Accordance with Ordinance OC SAN-61 Section 2.03 (B) Cooperative Purchases NATIONAL PLANT SERVICES, INC. $149,000.00 Operations & Maintenance Convenience Blanket PO for Vactor Service at Plant 1 and 2 6/10/24 - 12/31/24 GM Article 2, Section 2.2 (b) (1) NFP RETIREMENT, INC. dba 401(k) ADVISORS $57,600.00 Administrative Services Blanket PO for Deferred Compensation Program 457(b) Plan Consulting Services 4/1/24-3/31/27 with 2 Optional 1-Year Renewal Periods Specification No. CS- 2023-1436 NICKELL METAL SPRAY $90,000.00 Operations & Maintenance Convenience Blanket PO for Spray Metal Coating and Regrind Finishing for Machinery at Plants 1 and 2, and all Pump Stations 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) ONESOURCE DISTRIBUTORS INC $80,000.00 Operations & Maintenance Convenience Blanket Purchase Order for Miscellaneous Electrical Supplies and Parts 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) REPUBLIC SERVICES, INC. $90,000.00 Operations & Maintenance Blanket PO for Trash and Recycling Services at Plant 1 and 2, and Headquarters 7/1/24 - 6/30/25 Sole Source Justification 2787 Reason: Unique Product/Service SKALAR INC $68,475.00 Environmental Services Purchase of One (1) 300 Position SA21074900 Autosampler and One (1) Compact Module Holder with Integrated Electronics Informal Bid 133050-OR STO ADVISORS LLC $60,000.00 Operations & Maintenance Blanket PO for Interplant Gas Pipeline Compliance Consultant 7/1/24 - 6/30/25 Sole Source Justification 2796 Reason: Unique Product/Service STRUMWASSER & WOOCHER LLP $75,000.00 General Manager’s Office Blanket PO for Hearing Officer Legal Support Services 4/26/24 - 12/31/24 Sole Source Justification 2789 Reason: Unique Product/Service SUMMIT STEEL $90,000.00 Operations & Maintenance Convenience Blanket PO for Miscellaneous Metal Stock for Rebuild Material 7/1/24- 6/30/26 GM Article 2, Section 2.2 (b) (1) TRADEMARK HOIST & CRANE $50,545.99 Operations & Maintenance Quadrennial Testing for Twenty-Five (25) Cranes at Plant 1 and 2, and Pump Stations Informal Bid 133789-OR U.S. POSTAL SERVICE (HASLER) $101,000.00 Communications Convenience Blanket PO with US Postal Service (Hasler) for Districtwide Postage Costs 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) WECK LABORATORIES, INC. $52,985.00 Environmental Services Blanket PO to Provide Wastewater Monitoring Program Support Testing Services for Laboratory 7/1/24 - 6/30/26 with 3 Optional 1-Year Renewal Periods Informal Bid 133629-OR WIDESPREAD INDUSTRIAL SUPPLIES, INC $140,000.00 Operations & Maintenance Convenience Blanket PO for Bolt Bin Hardware Restock at Plant 1 and Plant 2 5/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) Orange County Sanitation District Printed on 8/21/2024Page 2 of 6 powered by Legistar™ File #:2024-3754 Agenda Date:8/28/2024 Agenda Item No:7. Vendor Name Amount Department Description/DiscussionAGILENTTECHNOLOGIESINC$80,000.00 EnvironmentalServices Convenience Blanket PO for MiscellaneousLaboratory Supplies 7/1/24 - 6/30/26 GMArticle 2, Section 2.2 (b) (1)AIRGAS USA, LLC $140,000.00 Operations &Maintenance Convenience Blanket PO for MiscellaneousSigns, Welding Supplies, and the Repair &Inspection of Welding Equipment 7/1/24 -6/30/25 GM Article 2, Section 2.2 (b) (1)ALLIED NETWORKSOLUTIONS, INC.$52,775.00 AdministrativeServices Blanket PO for Tenable OT Security AnnualSubscription (Up to 2500 Assets) 5/2/24 -5/1/25 Informal Bid 133866-ORC.E. MECHANICAL,INC.$90,000.00 Operations &Maintenance Convenience Blanket PO to ProvideServices and Repairs to HVAC Systems7/1/24 - 6/30/25 GM Article 2, Section 2.2(b) (1)CAVANAUGHMACHINE WORKS $75,000.00 Operations &Maintenance Convenience Blanket PO for MiscellaneousMachine Work Needed for Rebuild 7/1/24 -6/30/26 GM Article 2, Section 2.2 (b) (1)CHARTINTERNATIONAL,INC- (SERVICESONLY)$90,000.00 Operations &Maintenance Blanket PO for LOX System Repairs andRelated Equipment Rental 7/1/24-6/30/26GM Article 2, Section 2.2 (b) (1)CLIMATEC, LLC $90,000.00 Operations &Maintenance Convenience Blanket PO to ProvideServices and Repairs to HVAC Systems7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) CORNERSTONE ONDEMAND, INC. $101,759.15 Administrative Services Annual Renewal for Cornerstone OnDemand Software Board Approved OEM Sole Source List M.O. 12/14/16, Item 12 (B) CORTECH ENGINEERING, INC., A DXP COMPANY $62,894.00 Administrative Services Stock Item Purchase of Two (2) SEEPEX 60/500-6L Rotors, Two (2) SEEPEX 60/500- 6L Stators Board Approved OEM Sole Source List M.O. 12/14/16, Item 12(B) CR&R $60,000.00 Operations & Maintenance Convenience Blanket PO to Provide 40 Yard Trash Dumpsters at Plant 1 and 2 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) CTEC $83,935.50 Operations & Maintenance Retrofit Three (3) Service Body Trucks with OEM Shelving and Drawer Systems for Tool Storage Sole Source Justification 2793 Reason: OEM Equipment/Part/Service DC FROST ASSOCIATES, INC. $53,600.00 Administrative Services Stock Item Purchase of Eight Thousand (8,000) Membrane Disc Diffusers Board Approved OEM Sole Source List M.O. 12/14/16, Item 12(B) DEMARIA ELECTRIC MOTOR SERVICES, INC. $140,000.00 Operations & Maintenance Convenience Blanket PO for Off-Site Motor Repairs for Plant 1, Plant 2, and Pump Stations 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) FISHER SCIENTIFIC COMPANY LLC $95,000.00 Operations & Maintenance Convenience Blanket PO for Miscellaneous Laboratory Supplies 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) FRANKLIN MILLER, INC. $83,304.00 Administrative Services Stock Item Purchase of One (1) TASKMASTER TM851208 Grinder Board Approved OEM Sole Source List M.O. 5/27/20, Item 14(B) GARRATT CALLAHAN COMPANY $60,000.00 Operations & Maintenance Convenience Blanket PO to Provide Chemicals for Cogen and HVAC Group, Formulas, Equipment, and Reagents for Plant 1 and 2 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) GEA MECHANICAL EQUIPMENT US, INC. $112,134.55 Administrative Services Stock Item Purchase of GEA Westfalia Centrifuge Parts Board Approved OEM Sole Source List M.O. 9/23/20, Item 12(B) GRAYBAR ELECTRIC COMPANY WALNUT CA $80,000.00 Operations & Maintenance Convenience Blanket PO to Provide Miscellaneous Electrical Parts and Supplies 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) GRM INFORMATION MANAGEMENT SVCS for OPs $100,000.00 General Manager’s Office Convenience Blanket PO for Offsite Records Storage, Document Destruction (Shredding), and Related Activities 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) HAAKER EQUIPMENT CO $60,000.00 Operations & Maintenance Convenience Blanket to Provide Miscellaneous Repairs, Parts and Services For Haaker Vehicles 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) HARDY & HARPER INC $55,575.00 Operations & Maintenance Adjust Forty-One (41) Manhole Frame and Covers for the Street Pavement Rehabilitation Project SP-4261 Sole Source Justification 2794 Reason: Unique Product/Service INSIGHT PUBLIC SECTOR, INC. $57,160.87 Administrative Services Blanket PO for Abnormal Security Software Renewal 4/25/24 - 4/24/25 Omnia Partners Contract # 23-6692-03, in Accordance with Ordinance OC SAN-61 Section 2.03 (B) Cooperative Purchases INSIGHT PUBLIC SECTOR, INC. $59,458.38 Administrative Services SolarWinds Software Annual Maintenance Renewal 6/30/24 - 6/30/25 Omnia Partners Contract #23-6692-03, in Accordance with Ordinance OC SAN-61 Section 2.03 (B) Cooperative Purchases INTEGRATED POWER SERVICES LLC $140,000.00 Operations & Maintenance Convenience Blanket to Provide Off-site Motor Repair Services for Plant 1, Plant 2 and Pump Stations 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) JAMISON ENGINEERING CONTRACTORS, INC. $90,000.00 Operations & Maintenance Convenience Blanket PO for Maintenance and Emergency Repairs on Trickling Filters at Plant 1 and 2 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) KEN GRODY FORD$75,883.00 Operations & Maintenance Purchase of One (1) New 2024 Ford F-650 Truck Approved CORF Budget FY 23/24 Sole Source Justification 2791 Reason: Unique Product/Service LEED ELECTRIC, INC. $94,627.00 Operations & Maintenance Sunflower Pump Station Pump #2 Power Cable Replacement at Plant 1 Informal Bid 134171-OR MARSI A. STEIRER $75,000.00 General Manager’s Office Blanket PO to Provide Hearing Officer Services 5/1/24 to 12/31/24 Sole Source Justification 2788 Reason: Unique Product/Service MOBILE HOSE & HYDRAULIC SUPPLY $60,000.00 Operations & Maintenance Convenience Blanket Purchase Order for Hose Repairs and Services 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) NATIONAL AUTO FLEET GROUP $57,463.48 Operations & Maintenance Purchase of Two (2) New 2024 Maverick (W8H) XLT FWD Supercrew Trucks Approved CORF Budget FY 23/24 Sourcewell Contract# 091521-NAF, in Accordance with Ordinance OC SAN-61 Section 2.03 (B) Cooperative Purchases NATIONAL PLANT SERVICES, INC. $149,000.00 Operations & Maintenance Convenience Blanket PO for Vactor Service at Plant 1 and 2 6/10/24 - 12/31/24 GM Article 2, Section 2.2 (b) (1) NFP RETIREMENT, INC. dba 401(k) ADVISORS $57,600.00 Administrative Services Blanket PO for Deferred Compensation Program 457(b) Plan Consulting Services 4/1/24-3/31/27 with 2 Optional 1-Year Renewal Periods Specification No. CS- 2023-1436 NICKELL METAL SPRAY $90,000.00 Operations & Maintenance Convenience Blanket PO for Spray Metal Coating and Regrind Finishing for Machinery at Plants 1 and 2, and all Pump Stations 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) ONESOURCE DISTRIBUTORS INC $80,000.00 Operations & Maintenance Convenience Blanket Purchase Order for Miscellaneous Electrical Supplies and Parts 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) REPUBLIC SERVICES, INC. $90,000.00 Operations & Maintenance Blanket PO for Trash and Recycling Services at Plant 1 and 2, and Headquarters 7/1/24 - 6/30/25 Sole Source Justification 2787 Reason: Unique Product/Service SKALAR INC $68,475.00 Environmental Services Purchase of One (1) 300 Position SA21074900 Autosampler and One (1) Compact Module Holder with Integrated Electronics Informal Bid 133050-OR STO ADVISORS LLC $60,000.00 Operations & Maintenance Blanket PO for Interplant Gas Pipeline Compliance Consultant 7/1/24 - 6/30/25 Sole Source Justification 2796 Reason: Unique Product/Service STRUMWASSER & WOOCHER LLP $75,000.00 General Manager’s Office Blanket PO for Hearing Officer Legal Support Services 4/26/24 - 12/31/24 Sole Source Justification 2789 Reason: Unique Product/Service SUMMIT STEEL $90,000.00 Operations & Maintenance Convenience Blanket PO for Miscellaneous Metal Stock for Rebuild Material 7/1/24- 6/30/26 GM Article 2, Section 2.2 (b) (1) TRADEMARK HOIST & CRANE $50,545.99 Operations & Maintenance Quadrennial Testing for Twenty-Five (25) Cranes at Plant 1 and 2, and Pump Stations Informal Bid 133789-OR U.S. POSTAL SERVICE (HASLER) $101,000.00 Communications Convenience Blanket PO with US Postal Service (Hasler) for Districtwide Postage Costs 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) WECK LABORATORIES, INC. $52,985.00 Environmental Services Blanket PO to Provide Wastewater Monitoring Program Support Testing Services for Laboratory 7/1/24 - 6/30/26 with 3 Optional 1-Year Renewal Periods Informal Bid 133629-OR WIDESPREAD INDUSTRIAL SUPPLIES, INC $140,000.00 Operations & Maintenance Convenience Blanket PO for Bolt Bin Hardware Restock at Plant 1 and Plant 2 5/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) Orange County Sanitation District Printed on 8/21/2024Page 3 of 6 powered by Legistar™ File #:2024-3754 Agenda Date:8/28/2024 Agenda Item No:7. Vendor Name Amount Department Description/DiscussionAGILENTTECHNOLOGIESINC$80,000.00 EnvironmentalServices Convenience Blanket PO for MiscellaneousLaboratory Supplies 7/1/24 - 6/30/26 GMArticle 2, Section 2.2 (b) (1)AIRGAS USA, LLC $140,000.00 Operations &Maintenance Convenience Blanket PO for MiscellaneousSigns, Welding Supplies, and the Repair &Inspection of Welding Equipment 7/1/24 -6/30/25 GM Article 2, Section 2.2 (b) (1)ALLIED NETWORKSOLUTIONS, INC.$52,775.00 AdministrativeServices Blanket PO for Tenable OT Security AnnualSubscription (Up to 2500 Assets) 5/2/24 -5/1/25 Informal Bid 133866-ORC.E. MECHANICAL,INC.$90,000.00 Operations &Maintenance Convenience Blanket PO to ProvideServices and Repairs to HVAC Systems7/1/24 - 6/30/25 GM Article 2, Section 2.2(b) (1)CAVANAUGHMACHINE WORKS $75,000.00 Operations &Maintenance Convenience Blanket PO for MiscellaneousMachine Work Needed for Rebuild 7/1/24 -6/30/26 GM Article 2, Section 2.2 (b) (1)CHARTINTERNATIONAL,INC- (SERVICESONLY)$90,000.00 Operations &Maintenance Blanket PO for LOX System Repairs andRelated Equipment Rental 7/1/24-6/30/26GM Article 2, Section 2.2 (b) (1)CLIMATEC, LLC $90,000.00 Operations &Maintenance Convenience Blanket PO to ProvideServices and Repairs to HVAC Systems7/1/24 - 6/30/25 GM Article 2, Section 2.2(b) (1)CORNERSTONEONDEMAND, INC.$101,759.15 AdministrativeServices Annual Renewal for CornerstoneOnDemand Software Board Approved OEMSole Source List M.O. 12/14/16, Item 12 (B)CORTECHENGINEERING,INC., A DXPCOMPANY $62,894.00 AdministrativeServices Stock Item Purchase of Two (2) SEEPEX60/500-6L Rotors, Two (2) SEEPEX 60/500-6L Stators Board Approved OEM SoleSource List M.O. 12/14/16, Item 12(B)CR&R $60,000.00 Operations &Maintenance Convenience Blanket PO to Provide 40Yard Trash Dumpsters at Plant 1 and 27/1/24 - 6/30/25 GM Article 2, Section 2.2(b) (1)CTEC $83,935.50 Operations &Maintenance Retrofit Three (3) Service Body Trucks withOEM Shelving and Drawer Systems for ToolStorage Sole Source Justification 2793Reason: OEM Equipment/Part/ServiceDC FROSTASSOCIATES, INC.$53,600.00 AdministrativeServices Stock Item Purchase of Eight Thousand(8,000) Membrane Disc Diffusers BoardApproved OEM Sole Source List M.O.12/14/16, Item 12(B)DEMARIAELECTRIC MOTORSERVICES, INC.$140,000.00 Operations &Maintenance Convenience Blanket PO for Off-Site MotorRepairs for Plant 1, Plant 2, and PumpStations 7/1/24 - 6/30/25 GM Article 2,Section 2.2 (b) (1)FISHERSCIENTIFICCOMPANY LLC $95,000.00 Operations &Maintenance Convenience Blanket PO for MiscellaneousLaboratory Supplies 7/1/24 - 6/30/25 GMArticle 2, Section 2.2 (b) (1)FRANKLIN MILLER,INC.$83,304.00 AdministrativeServices Stock Item Purchase of One (1)TASKMASTER TM851208 Grinder BoardApproved OEM Sole Source List M.O.5/27/20, Item 14(B)GARRATTCALLAHANCOMPANY $60,000.00 Operations &Maintenance Convenience Blanket PO to ProvideChemicals for Cogen and HVAC Group,Formulas, Equipment, and Reagents forPlant 1 and 2 7/1/24 - 6/30/25 GM Article 2,Section 2.2 (b) (1)GEA MECHANICALEQUIPMENT US,INC.$112,134.55 AdministrativeServices Stock Item Purchase of GEA WestfaliaCentrifuge Parts Board Approved OEM SoleSource List M.O. 9/23/20, Item 12(B)GRAYBARELECTRICCOMPANYWALNUT CA $80,000.00 Operations &Maintenance Convenience Blanket PO to ProvideMiscellaneous Electrical Parts andSupplies 7/1/24 - 6/30/25 GM Article 2,Section 2.2 (b) (1)GRMINFORMATIONMANAGEMENTSVCS for OPs $100,000.00 GeneralManager’s Office Convenience Blanket PO for OffsiteRecords Storage, Document Destruction(Shredding), and Related Activities 7/1/24 -6/30/25 GM Article 2, Section 2.2 (b) (1) HAAKER EQUIPMENT CO $60,000.00 Operations & Maintenance Convenience Blanket to Provide Miscellaneous Repairs, Parts and Services For Haaker Vehicles 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) HARDY & HARPER INC $55,575.00 Operations & Maintenance Adjust Forty-One (41) Manhole Frame and Covers for the Street Pavement Rehabilitation Project SP-4261 Sole Source Justification 2794 Reason: Unique Product/Service INSIGHT PUBLIC SECTOR, INC. $57,160.87 Administrative Services Blanket PO for Abnormal Security Software Renewal 4/25/24 - 4/24/25 Omnia Partners Contract # 23-6692-03, in Accordance with Ordinance OC SAN-61 Section 2.03 (B) Cooperative Purchases INSIGHT PUBLIC SECTOR, INC. $59,458.38 Administrative Services SolarWinds Software Annual Maintenance Renewal 6/30/24 - 6/30/25 Omnia Partners Contract #23-6692-03, in Accordance with Ordinance OC SAN-61 Section 2.03 (B) Cooperative Purchases INTEGRATED POWER SERVICES LLC $140,000.00 Operations & Maintenance Convenience Blanket to Provide Off-site Motor Repair Services for Plant 1, Plant 2 and Pump Stations 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) JAMISON ENGINEERING CONTRACTORS, INC. $90,000.00 Operations & Maintenance Convenience Blanket PO for Maintenance and Emergency Repairs on Trickling Filters at Plant 1 and 2 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) KEN GRODY FORD$75,883.00 Operations & Maintenance Purchase of One (1) New 2024 Ford F-650 Truck Approved CORF Budget FY 23/24 Sole Source Justification 2791 Reason: Unique Product/Service LEED ELECTRIC, INC. $94,627.00 Operations & Maintenance Sunflower Pump Station Pump #2 Power Cable Replacement at Plant 1 Informal Bid 134171-OR MARSI A. STEIRER $75,000.00 General Manager’s Office Blanket PO to Provide Hearing Officer Services 5/1/24 to 12/31/24 Sole Source Justification 2788 Reason: Unique Product/Service MOBILE HOSE & HYDRAULIC SUPPLY $60,000.00 Operations & Maintenance Convenience Blanket Purchase Order for Hose Repairs and Services 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) NATIONAL AUTO FLEET GROUP $57,463.48 Operations & Maintenance Purchase of Two (2) New 2024 Maverick (W8H) XLT FWD Supercrew Trucks Approved CORF Budget FY 23/24 Sourcewell Contract# 091521-NAF, in Accordance with Ordinance OC SAN-61 Section 2.03 (B) Cooperative Purchases NATIONAL PLANT SERVICES, INC. $149,000.00 Operations & Maintenance Convenience Blanket PO for Vactor Service at Plant 1 and 2 6/10/24 - 12/31/24 GM Article 2, Section 2.2 (b) (1) NFP RETIREMENT, INC. dba 401(k) ADVISORS $57,600.00 Administrative Services Blanket PO for Deferred Compensation Program 457(b) Plan Consulting Services 4/1/24-3/31/27 with 2 Optional 1-Year Renewal Periods Specification No. CS- 2023-1436 NICKELL METAL SPRAY $90,000.00 Operations & Maintenance Convenience Blanket PO for Spray Metal Coating and Regrind Finishing for Machinery at Plants 1 and 2, and all Pump Stations 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) ONESOURCE DISTRIBUTORS INC $80,000.00 Operations & Maintenance Convenience Blanket Purchase Order for Miscellaneous Electrical Supplies and Parts 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) REPUBLIC SERVICES, INC. $90,000.00 Operations & Maintenance Blanket PO for Trash and Recycling Services at Plant 1 and 2, and Headquarters 7/1/24 - 6/30/25 Sole Source Justification 2787 Reason: Unique Product/Service SKALAR INC $68,475.00 Environmental Services Purchase of One (1) 300 Position SA21074900 Autosampler and One (1) Compact Module Holder with Integrated Electronics Informal Bid 133050-OR STO ADVISORS LLC $60,000.00 Operations & Maintenance Blanket PO for Interplant Gas Pipeline Compliance Consultant 7/1/24 - 6/30/25 Sole Source Justification 2796 Reason: Unique Product/Service STRUMWASSER & WOOCHER LLP $75,000.00 General Manager’s Office Blanket PO for Hearing Officer Legal Support Services 4/26/24 - 12/31/24 Sole Source Justification 2789 Reason: Unique Product/Service SUMMIT STEEL $90,000.00 Operations & Maintenance Convenience Blanket PO for Miscellaneous Metal Stock for Rebuild Material 7/1/24- 6/30/26 GM Article 2, Section 2.2 (b) (1) TRADEMARK HOIST & CRANE $50,545.99 Operations & Maintenance Quadrennial Testing for Twenty-Five (25) Cranes at Plant 1 and 2, and Pump Stations Informal Bid 133789-OR U.S. POSTAL SERVICE (HASLER) $101,000.00 Communications Convenience Blanket PO with US Postal Service (Hasler) for Districtwide Postage Costs 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) WECK LABORATORIES, INC. $52,985.00 Environmental Services Blanket PO to Provide Wastewater Monitoring Program Support Testing Services for Laboratory 7/1/24 - 6/30/26 with 3 Optional 1-Year Renewal Periods Informal Bid 133629-OR WIDESPREAD INDUSTRIAL SUPPLIES, INC $140,000.00 Operations & Maintenance Convenience Blanket PO for Bolt Bin Hardware Restock at Plant 1 and Plant 2 5/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) Orange County Sanitation District Printed on 8/21/2024Page 4 of 6 powered by Legistar™ File #:2024-3754 Agenda Date:8/28/2024 Agenda Item No:7. Vendor Name Amount Department Description/DiscussionAGILENTTECHNOLOGIESINC$80,000.00 EnvironmentalServices Convenience Blanket PO for MiscellaneousLaboratory Supplies 7/1/24 - 6/30/26 GMArticle 2, Section 2.2 (b) (1)AIRGAS USA, LLC $140,000.00 Operations &Maintenance Convenience Blanket PO for MiscellaneousSigns, Welding Supplies, and the Repair &Inspection of Welding Equipment 7/1/24 -6/30/25 GM Article 2, Section 2.2 (b) (1)ALLIED NETWORKSOLUTIONS, INC.$52,775.00 AdministrativeServices Blanket PO for Tenable OT Security AnnualSubscription (Up to 2500 Assets) 5/2/24 -5/1/25 Informal Bid 133866-ORC.E. MECHANICAL,INC.$90,000.00 Operations &Maintenance Convenience Blanket PO to ProvideServices and Repairs to HVAC Systems7/1/24 - 6/30/25 GM Article 2, Section 2.2(b) (1)CAVANAUGHMACHINE WORKS $75,000.00 Operations &Maintenance Convenience Blanket PO for MiscellaneousMachine Work Needed for Rebuild 7/1/24 -6/30/26 GM Article 2, Section 2.2 (b) (1)CHARTINTERNATIONAL,INC- (SERVICESONLY)$90,000.00 Operations &Maintenance Blanket PO for LOX System Repairs andRelated Equipment Rental 7/1/24-6/30/26GM Article 2, Section 2.2 (b) (1)CLIMATEC, LLC $90,000.00 Operations &Maintenance Convenience Blanket PO to ProvideServices and Repairs to HVAC Systems7/1/24 - 6/30/25 GM Article 2, Section 2.2(b) (1)CORNERSTONEONDEMAND, INC.$101,759.15 AdministrativeServices Annual Renewal for CornerstoneOnDemand Software Board Approved OEMSole Source List M.O. 12/14/16, Item 12 (B)CORTECHENGINEERING,INC., A DXPCOMPANY $62,894.00 AdministrativeServices Stock Item Purchase of Two (2) SEEPEX60/500-6L Rotors, Two (2) SEEPEX 60/500-6L Stators Board Approved OEM SoleSource List M.O. 12/14/16, Item 12(B)CR&R $60,000.00 Operations &Maintenance Convenience Blanket PO to Provide 40Yard Trash Dumpsters at Plant 1 and 27/1/24 - 6/30/25 GM Article 2, Section 2.2(b) (1)CTEC $83,935.50 Operations &Maintenance Retrofit Three (3) Service Body Trucks withOEM Shelving and Drawer Systems for ToolStorage Sole Source Justification 2793Reason: OEM Equipment/Part/ServiceDC FROSTASSOCIATES, INC.$53,600.00 AdministrativeServices Stock Item Purchase of Eight Thousand(8,000) Membrane Disc Diffusers BoardApproved OEM Sole Source List M.O.12/14/16, Item 12(B)DEMARIAELECTRIC MOTORSERVICES, INC.$140,000.00 Operations &Maintenance Convenience Blanket PO for Off-Site MotorRepairs for Plant 1, Plant 2, and PumpStations 7/1/24 - 6/30/25 GM Article 2,Section 2.2 (b) (1)FISHERSCIENTIFICCOMPANY LLC $95,000.00 Operations &Maintenance Convenience Blanket PO for MiscellaneousLaboratory Supplies 7/1/24 - 6/30/25 GMArticle 2, Section 2.2 (b) (1)FRANKLIN MILLER,INC.$83,304.00 AdministrativeServices Stock Item Purchase of One (1)TASKMASTER TM851208 Grinder BoardApproved OEM Sole Source List M.O.5/27/20, Item 14(B)GARRATTCALLAHANCOMPANY $60,000.00 Operations &Maintenance Convenience Blanket PO to ProvideChemicals for Cogen and HVAC Group,Formulas, Equipment, and Reagents forPlant 1 and 2 7/1/24 - 6/30/25 GM Article 2,Section 2.2 (b) (1)GEA MECHANICALEQUIPMENT US,INC.$112,134.55 AdministrativeServices Stock Item Purchase of GEA WestfaliaCentrifuge Parts Board Approved OEM SoleSource List M.O. 9/23/20, Item 12(B)GRAYBARELECTRICCOMPANYWALNUT CA $80,000.00 Operations &Maintenance Convenience Blanket PO to ProvideMiscellaneous Electrical Parts andSupplies 7/1/24 - 6/30/25 GM Article 2,Section 2.2 (b) (1)GRMINFORMATIONMANAGEMENTSVCS for OPs $100,000.00 GeneralManager’s Office Convenience Blanket PO for OffsiteRecords Storage, Document Destruction(Shredding), and Related Activities 7/1/24 -6/30/25 GM Article 2, Section 2.2 (b) (1)HAAKEREQUIPMENT CO $60,000.00 Operations &Maintenance Convenience Blanket to ProvideMiscellaneous Repairs, Parts and ServicesFor Haaker Vehicles 7/1/24 - 6/30/26 GMArticle 2, Section 2.2 (b) (1)HARDY & HARPERINC $55,575.00 Operations &Maintenance Adjust Forty-One (41) Manhole Frame andCovers for the Street PavementRehabilitation Project SP-4261 Sole SourceJustification 2794 Reason: UniqueProduct/ServiceINSIGHT PUBLICSECTOR, INC.$57,160.87 AdministrativeServices Blanket PO for Abnormal Security SoftwareRenewal 4/25/24 - 4/24/25 Omnia PartnersContract # 23-6692-03, in Accordance withOrdinance OC SAN-61 Section 2.03 (B)Cooperative PurchasesINSIGHT PUBLICSECTOR, INC.$59,458.38 AdministrativeServices SolarWinds Software Annual MaintenanceRenewal6/30/24 - 6/30/25 Omnia PartnersContract #23-6692-03, in Accordance withOrdinance OC SAN-61 Section 2.03 (B)Cooperative PurchasesINTEGRATEDPOWER SERVICESLLC$140,000.00 Operations &Maintenance Convenience Blanket to Provide Off-siteMotor Repair Services for Plant 1, Plant 2and Pump Stations 7/1/24 - 6/30/25 GMArticle 2, Section 2.2 (b) (1)JAMISONENGINEERINGCONTRACTORS,INC.$90,000.00 Operations &Maintenance Convenience Blanket PO for Maintenanceand Emergency Repairs on Trickling Filtersat Plant 1 and 2 7/1/24 - 6/30/25 GM Article2, Section 2.2 (b) (1)KEN GRODY FORD$75,883.00 Operations &Maintenance Purchase of One (1) New 2024 Ford F-650Truck Approved CORF Budget FY 23/24Sole Source Justification 2791 Reason:Unique Product/ServiceLEED ELECTRIC,INC.$94,627.00 Operations &Maintenance Sunflower Pump Station Pump #2 PowerCable Replacement at Plant 1 Informal Bid134171-ORMARSI A. STEIRER $75,000.00 GeneralManager’s Office Blanket PO to Provide Hearing OfficerServices 5/1/24 to 12/31/24 Sole SourceJustification 2788 Reason: UniqueProduct/ServiceMOBILE HOSE &HYDRAULICSUPPLY $60,000.00 Operations &Maintenance Convenience Blanket Purchase Order forHose Repairs and Services 7/1/24 - 6/30/26GM Article 2, Section 2.2 (b) (1)NATIONAL AUTOFLEET GROUP $57,463.48 Operations &Maintenance Purchase of Two (2) New 2024 Maverick(W8H) XLT FWD Supercrew TrucksApproved CORF Budget FY 23/24Sourcewell Contract# 091521-NAF, inAccordance with Ordinance OC SAN-61 Section 2.03 (B) Cooperative Purchases NATIONAL PLANT SERVICES, INC. $149,000.00 Operations & Maintenance Convenience Blanket PO for Vactor Service at Plant 1 and 2 6/10/24 - 12/31/24 GM Article 2, Section 2.2 (b) (1) NFP RETIREMENT, INC. dba 401(k) ADVISORS $57,600.00 Administrative Services Blanket PO for Deferred Compensation Program 457(b) Plan Consulting Services 4/1/24-3/31/27 with 2 Optional 1-Year Renewal Periods Specification No. CS- 2023-1436 NICKELL METAL SPRAY $90,000.00 Operations & Maintenance Convenience Blanket PO for Spray Metal Coating and Regrind Finishing for Machinery at Plants 1 and 2, and all Pump Stations 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) ONESOURCE DISTRIBUTORS INC $80,000.00 Operations & Maintenance Convenience Blanket Purchase Order for Miscellaneous Electrical Supplies and Parts 7/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) REPUBLIC SERVICES, INC. $90,000.00 Operations & Maintenance Blanket PO for Trash and Recycling Services at Plant 1 and 2, and Headquarters 7/1/24 - 6/30/25 Sole Source Justification 2787 Reason: Unique Product/Service SKALAR INC $68,475.00 Environmental Services Purchase of One (1) 300 Position SA21074900 Autosampler and One (1) Compact Module Holder with Integrated Electronics Informal Bid 133050-OR STO ADVISORS LLC $60,000.00 Operations & Maintenance Blanket PO for Interplant Gas Pipeline Compliance Consultant 7/1/24 - 6/30/25 Sole Source Justification 2796 Reason: Unique Product/Service STRUMWASSER & WOOCHER LLP $75,000.00 General Manager’s Office Blanket PO for Hearing Officer Legal Support Services 4/26/24 - 12/31/24 Sole Source Justification 2789 Reason: Unique Product/Service SUMMIT STEEL $90,000.00 Operations & Maintenance Convenience Blanket PO for Miscellaneous Metal Stock for Rebuild Material 7/1/24- 6/30/26 GM Article 2, Section 2.2 (b) (1) TRADEMARK HOIST & CRANE $50,545.99 Operations & Maintenance Quadrennial Testing for Twenty-Five (25) Cranes at Plant 1 and 2, and Pump Stations Informal Bid 133789-OR U.S. POSTAL SERVICE (HASLER) $101,000.00 Communications Convenience Blanket PO with US Postal Service (Hasler) for Districtwide Postage Costs 7/1/24 - 6/30/26 GM Article 2, Section 2.2 (b) (1) WECK LABORATORIES, INC. $52,985.00 Environmental Services Blanket PO to Provide Wastewater Monitoring Program Support Testing Services for Laboratory 7/1/24 - 6/30/26 with 3 Optional 1-Year Renewal Periods Informal Bid 133629-OR WIDESPREAD INDUSTRIAL SUPPLIES, INC $140,000.00 Operations & Maintenance Convenience Blanket PO for Bolt Bin Hardware Restock at Plant 1 and Plant 2 5/1/24 - 6/30/25 GM Article 2, Section 2.2 (b) (1) Orange County Sanitation District Printed on 8/21/2024Page 5 of 6 powered by Legistar™ File #:2024-3754 Agenda Date:8/28/2024 Agenda Item No:7. Additionally,in accordance with Board purchasing policies,Ordinance No.OC SAN-61,the General Manager has authority to approve and execute maintenance and repair Services Task Orders between $50,000 and $500,000.Below is a summary of General Manager approved maintenance and repair Services Task Orders,in amounts exceeding $50,000,for the fourth quarter of fiscal year 2023-24: N/A ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: N/A Orange County Sanitation District Printed on 8/21/2024Page 6 of 6 powered by Legistar™ BOARD OF DIRECTORS Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3480 Agenda Date:8/28/2024 Agenda Item No:8. FROM:Robert Thompson, General Manager Originator: Kelly A. Lore, Clerk of the Board SUBJECT: COMMITTEE MEETING MINUTES GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: Receive and file the following: Minutes of the Steering Committee Meeting held June 26, 2024. BACKGROUND In accordance with the Board of Directors Rules of Procedure,an accurate record of each meeting will be provided to the Directors for subsequent approval at the following meeting. RELEVANT STANDARDS ·Resolution No. OC SAN 22-37 ADDITIONAL INFORMATION The minutes of the Committee meetings are approved at their respective Committees and brought forth to the Board of Directors for receive and file only. ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Minutes of the Monthly Committee Meetings Orange County Sanitation District Printed on 8/20/2024Page 1 of 1 powered by Legistar™ Orange County Sanitation District Minutes for the STEERING COMMITTEE Wednesday, June 26, 2024 5:00 PM Conference Room A Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 CALL TO ORDER A regular meeting of the Steering Committee of the Orange County Sanitation District was called to order by Board Chairman Chad Wanke on Wednesday, June 26, 2024 at 5:00 p.m. in the Administration Building of the Orange County Sanitation District. ROLL CALL AND DECLARATION OF QUORUM: The Clerk of the Board declared a quorum present as follows: PRESENT:Chad Wanke, Ryan Gallagher, Pat Burns, Jon Dumitru, Glenn Grandis and Christine Marick ABSENT:John Withers STAFF PRESENT: Rob Thompson, General Manager; Lorenzo Tyner, Assistant General Manager; Mike Dorman, Director of Engineering; Laura Maravilla, Director of Human Resources; Riaz Moinuddin, Director of Operations and Maintenance; Wally Ritchie, Director of Finance; Lan Wiborg, Director of Environmental Services; Kelly Lore, Clerk of the Board; Jennifer Cabral; Jackie Castro; Raul Cuellar; Don Cutler; Thys DeVries; Martin Dix; Brian Engeln; Justin Fenton; Al Garcia; Rob Michaels; Valerie Ratto; and Ruth Zintzun were present in Conference Room A. Annie Larkins was present telephonically. OTHERS PRESENT: Omar Sandoval, General Counsel; Mike D’Angelo, Associate Counsel; Gary Weisberg, Associate Counsel; and Scott Smith, Best Best & Krieger LLP were present in Conference Room A. Alex Akerman and Matt Wickersham, Special Counsel, Alston & Bird; and Eric Sapirstein, ENS Resources were present telephonically. PUBLIC COMMENTS: None. Clerk of the Board Kelly Lore announced that a PowerPoint presentation for Item Nos. 7 and 8 was received after publication of the agenda and was distributed to the Committee and made available to the public. REPORTS: Chair Wanke thanked the members of the Steering Committee for their service during his term. General Manager Rob Thompson did not provide a report. Page 1 of 7 STEERING COMMITTEE Minutes June 26, 2024 CONSENT CALENDAR: 1.APPROVAL OF MINUTES 2024-3579 Originator: Kelly Lore MOVED, SECONDED, AND DULY CARRIED TO: Approve minutes of the Special meeting of the Steering Committee held May 22, 2024. AYES:Chad Wanke, Ryan Gallagher, Pat Burns, Jon Dumitru, Glenn Grandis and Christine Marick NOES:None ABSENT:John Withers ABSTENTIONS:None 2.LEGISLATIVE AFFAIRS UPDATE FOR THE MONTH OF MAY 2024 2024-3655 Originator: Rob Thompson MOVED, SECONDED, AND DULY CARRIED TO: Recommend to the Board of Directors to: Receive and file the Legislative Affairs Update for the month of May 2024. AYES:Chad Wanke, Ryan Gallagher, Pat Burns, Jon Dumitru, Glenn Grandis and Christine Marick NOES:None ABSENT:John Withers ABSTENTIONS:None 3.PUBLIC AFFAIRS UPDATE FOR THE MONTH OF MAY 2024 2024-3656 Originator: Rob Thompson MOVED, SECONDED, AND DULY CARRIED TO: Recommend to the Board of Directors to: Receive and file the Public Affairs Update for the month of May 2024. AYES:Chad Wanke, Ryan Gallagher, Pat Burns, Jon Dumitru, Glenn Grandis and Christine Marick NOES:None ABSENT:John Withers ABSTENTIONS:None Page 2 of 7 STEERING COMMITTEE Minutes June 26, 2024 NON-CONSENT: 4.PROFESSIONAL CONSULTANT SERVICES AGREEMENT FOR GENERAL LEGAL SERVICES 2024-3671 Originator: Lorenzo Tyner Assistant General Manager Lorenzo Tyner provided an overview of the item. MOVED, SECONDED, AND DULY CARRIED TO: Recommend to the Board of Directors to: Authorize Board Chairman Chad P. Wanke, to enter into a Professional Consultant Services Agreement with Best Best & Krieger LLP for General Legal Services, Specification No. CS-2024-1440BD; and appoint Scott Smith as Principal General Counsel; for a five-year term beginning July 1, 2024 through June 30, 2029, with one (1) optional five-year renewal, in a form approved by Special Counsel. AYES:Chad Wanke, Ryan Gallagher, Pat Burns, Jon Dumitru, Glenn Grandis and Christine Marick NOES:None ABSENT:John Withers ABSTENTIONS:None 5.PROFESSIONAL CONSULTANT SERVICES AGREEMENT FOR GENERAL LEGAL SERVICES IN THE AREAS OF ENVIRONMENTAL LAW AND AIR QUALITY 2024-3672 Originator: Lorenzo Tyner Mr. Tyner provided an overview of the item. MOVED, SECONDED, AND DULY CARRIED TO: Recommend to the Board of Directors to: Approve a Professional Consultant Services Agreement with Allen Matkins Leck Gamble Mallory & Natsis LLP for General Legal Services in the areas of Environmental Law and Air Quality, Specification No. CS-2024-1440BD, for the period beginning July 1, 2024 through June 30, 2029 with one (1) optional five-year renewal. AYES:Chad Wanke, Ryan Gallagher, Pat Burns, Jon Dumitru, Glenn Grandis and Christine Marick NOES:None ABSENT:John Withers ABSTENTIONS:None Page 3 of 7 STEERING COMMITTEE Minutes June 26, 2024 6.SOLE SOURCE AGREEMENT FOR LEGAL SERVICES WITH WOODRUFF & SMART 2024-3673 Originator: Lorenzo Tyner Mr. Tyner provided an overview of the item. MOVED, SECONDED, AND DULY CARRIED TO: Recommend to the Board of Directors to: Approve a Sole Source Agreement for Legal Services with Woodruff & Smart, commencing on July 1, 2024, in a form approved by Special Counsel. AYES:Chad Wanke, Ryan Gallagher, Pat Burns, Jon Dumitru, Glenn Grandis and Christine Marick NOES:None ABSENT:John Withers ABSTENTIONS:None 7.PUBLIC AFFAIRS STRATEGIC PLAN FOR FISCAL YEARS 2022-2024 SUMMARY 2024-3564 Originator: Rob Thompson Administration Manager Jennifer Cabral provided a PowerPoint presentation regarding the public affairs strategic plan summary for fiscal years 2022 through 2024. MOVED, SECONDED, AND DULY CARRIED TO: Recommend to the Board of Directors to: Receive and file the Proposed Public Affairs Strategic Plan for Fiscal Years 2022- 2024 Summary. AYES:Chad Wanke, Ryan Gallagher, Pat Burns, Jon Dumitru, Glenn Grandis and Christine Marick NOES:None ABSENT:John Withers ABSTENTIONS:None 8.PUBLIC AFFAIRS STRATEGIC PLAN FOR FISCAL YEARS 2024-2026 2024-3562 Originator: Rob Thompson Ms. Cabral provided an overview of the item. MOVED, SECONDED, AND DULY CARRIED TO: Recommend to the Board of Directors to: Receive and file the Public Affairs Strategic Plan for Fiscal Years 2024- 2026. Page 4 of 7 STEERING COMMITTEE Minutes June 26, 2024 AYES:Chad Wanke, Ryan Gallagher, Pat Burns, Jon Dumitru, Glenn Grandis and Christine Marick NOES:None ABSENT:John Withers ABSTENTIONS:None 9.GENERAL MANAGER’S FY 2023-2024 WORK PLAN YEAR-END REPORT 2024-3565 Originator: Rob Thompson Mr. Thompson provided an overview of the item. MOVED, SECONDED, AND DULY CARRIED TO: Recommend to the Board of Directors to: Receive and file the General Manager’s FY 2023-2024 Work Plan Year-End Report. AYES:Chad Wanke, Ryan Gallagher, Pat Burns, Jon Dumitru, Glenn Grandis and Christine Marick NOES:None ABSENT:John Withers ABSTENTIONS:None 10.GENERAL MANAGER’S FY 2024-2025 WORK PLAN 2024-3568 Originator: Rob Thompson Mr. Thompson provided an overview of the item. MOVED, SECONDED, AND DULY CARRIED TO: Recommend to the Board of Directors to: Receive and file the General Manager’s Fiscal Year 2024-2025 Work Plan. AYES:Chad Wanke, Ryan Gallagher, Pat Burns, Jon Dumitru, Glenn Grandis and Christine Marick NOES:None ABSENT:John Withers ABSTENTIONS:None INFORMATION ITEMS: None. DEPARTMENT HEAD REPORTS: None. Page 5 of 7 STEERING COMMITTEE Minutes June 26, 2024 CLOSED SESSION: CONVENED IN CLOSED SESSION PURSUANT TO GOVERNMENT CODE SECTIONS 54956.9(d)(1), 54957.6, & 54957 (b)(1). The Committee convened in closed session at 5:14 p.m. Confidential minutes of the Closed Sessions have been prepared in accordance with the above Government Code Sections and are maintained by the Clerk of the Board in the Official Book of Confidential Minutes of Board and Committee Closed Session meetings. CS-1 CONFERENCE WITH LEGAL COUNSEL RE EXISTING LITIGATION - GOVERNMENT CODE SECTION 54956.9(d)(1) 2024-3659 CONVENED IN CLOSED SESSION: Number of Cases: 1 Orange County Sanitation District, a public entity v. Bayside Village Marina, LLC, a limited liability company; Laguna Beach County Water District, a public entity; and Does 1-100, inclusive; and all Persons Unknown Claiming an Interest in the Property, Superior Court of California, County of Orange, Case No. 30-2022-01251890. CS-2 CONFERENCE WITH LABOR NEGOTIATORS - GOVERNMENT CODE SECTION 54957.6 2024-3658 CONVENED IN CLOSED SESSION: Agency Designated Representative: General Manager Robert Thompson. Benefits for Unrepresented Executive Management Employees: Assistant General Manager, Director of Communications, Director of Engineering, Director of Environmental Services, Director of Finance, Director of Human Resources, and Director of Operations and Maintenance. CS-3 PUBLIC EMPLOYEE PERFORMANCE EVALUATION 54957(b)(1)2024-3657 Originator: Laura Maravilla CONVENED IN CLOSED SESSION: Public Employee Performance Evaluation Number of Employees: 1 ·General Manager RECONVENE IN REGULAR SESSION. The Committee reconvened in regular session at 5:59 p.m. Page 6 of 7 STEERING COMMITTEE Minutes June 26, 2024 CONSIDERATION OF ACTION, IF ANY, ON MATTERS CONSIDERED IN CLOSED SESSION: General Counsel Omar Sandoval stated there was no reportable action. OTHER BUSINESS AND COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF ANY: None. BOARD OF DIRECTORS INITIATED ITEMS FOR A FUTURE MEETING: None. ADJOURNMENT: Chair Wanke declared the meeting adjourned at 6:00 p.m. to the next Regular Steering Committee meeting to be held on Wednesday, July 24, 2024 at 6:00 p.m. Submitted by: __________________ Kelly A. Lore, MMC Clerk of the Board Page 7 of 7 BOARD OF DIRECTORS Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3721 Agenda Date:8/28/2024 Agenda Item No:9. FROM:Robert Thompson, General Manager Originator: Wally Ritchie, Director of Finance SUBJECT: REPORT OF THE INVESTMENT TRANSACTIONS FOR THE MONTH OF JULY 2024 GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: Receive and file the following: Report of the Investment Transactions for the month of July 2024. BACKGROUND The CA Government Code requires that a monthly report of investment transactions be provided to the legislative body.Attached is the monthly report of investment transactions for the month ended July 31, 2024. RELEVANT STANDARDS ·CA Government Code Section 53607 PRIOR COMMITTEE/BOARD ACTIONS N/A FINANCIAL CONSIDERATIONS N/A ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Report of the Investment Transactions - July 2024 Orange County Sanitation District Printed on 8/20/2024Page 1 of 1 powered by Legistar™ Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 1 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LIQUID OPERATING PORTFOLIO6745046600 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date Account Beginning Cash Total Cash: 0.00Income Cash: 19,174,023.06Principal Cash: -19,174,023.06 07/01/2024 07/01/2024 07/01/2024 03785DGX8 10 PURCHASED PAR VALUE OF APPLE INC C P 7/31/24 /BARCLAYS CAPITAL INC. FIXED IN/XOTC 4,800,000 PAR VALUE AT 99.55916667 % .00 .00 4,778,840.00 .00 .00 4,800,000.0000 .995592 -4,778,840.00 .00P 07/01/2024 31846V567 310 INTEREST EARNED ON FIRST AM GOVT OB FD CL Z UNIT ON 0.0000 SHARES DUE 6/30/2024 INTEREST FROM 6/1/24 TO 6/30/24 .00 .00 .00 .00 .00 .0000 .000000 191.97 FGZXX .00I 07/01/2024 07/01/2024 07/01/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -10,185,021.37 .00 .00-10,185,021.3700 1.000000 10,185,021.37 FGZXX .00P 07/01/2024 07/01/2024 07/01/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 10,150,000.00 .00 .00 10,150,000.0000 1.000000 -10,150,000.00 FGZXX .00P 07/01/2024 07/01/2024 07/01/2024 912797LA3 10 PURCHASED PAR VALUE OF U S TREASURY BILL 9/03/24 /IRVTUS3N BK OF NEW YORK/BTEC 2,950,000 PAR VALUE AT 99.06826678 % .00 .00 2,922,513.87 .00 .00 2,950,000.0000 .990683 -2,922,513.87 .00P 07/01/2024 07/01/2024 07/01/2024 912797LU9 10 PURCHASED PAR VALUE OF U S TREASURY BILL 10/22/24 /IRVTUS3N BK OF NEW YORK/BTEC 2,525,000 PAR VALUE AT 98.36306931 % .00 .00 2,483,667.50 .00 .00 2,525,000.0000 .983631 -2,483,667.50 .00P 07/01/2024 91282CEX5 310 INTEREST EARNED ON U S TREASURY NT 3.000% 6/30/24 $1 PV ON 10000000.0000 SHARES DUE 6/30/2024 .00 .00 .00 .00 .00 .0000 .000000 150,000.00 .00I 07/01/2024 06/30/2024 06/30/2024 91282CEX5 20 MATURED PAR VALUE OF U S TREASURY NT 3.000% 6/30/24 10,000,000 PAR VALUE AT 100 % .00 .00 -9,866,015.62 133,984.38 .00-10,000,000.0000 1.000000 10,000,000.00 .00P 07/02/2024 07/02/2024 07/02/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 191.97 .00 .00 191.9700 1.000000 -191.97 FGZXX .00P 07/09/2024 07/09/2024 07/09/2024 16677JG91 20 MATURED PAR VALUE OF CHEVRON CORP DISC COML C P 7/09/24 4,750,000 PAR VALUE AT 100 % .00 .00 -4,736,663.05 .00 .00-4,750,000.0000 1.000000 4,736,663.05 .00P 07/09/2024 16677JG91 310 INTEREST EARNED ON CHEVRON CORP DISC COML C P 7/09/24 $1 PV ON 4750000.0000 SHARES DUE 7/9/2024 4,750,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 13,336.95 .00I 07/09/2024 07/09/2024 07/09/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -10,650.67 .00 .00-10,650.6700 1.000000 10,650.67 FGZXX .00P 07/09/2024 07/08/2024 07/09/2024 912797LA3 10 PURCHASED PAR VALUE OF U S TREASURY BILL 9/03/24 /BMO-CHICAGO BRANCH/BTEC 4,800,000 PAR VALUE AT 99.18022229 % .00 .00 4,760,650.67 .00 .00 4,800,000.0000 .991802 -4,760,650.67 .00P 07/15/2024 07/15/2024 07/15/2024 313384E88 10 PURCHASED PAR VALUE OF F H L B DISC NTS 9/06/24 /DSANUS3N DAIWA NEW YORK/2,450,000 PAR VALUE AT 99.22708327 % .00 .00 2,431,063.54 .00 .00 2,450,000.0000 .992271 -2,431,063.54 .00P 07/15/2024 07/15/2024 07/15/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 2,404,705.63 .00 .00 2,404,705.6300 1.000000 -2,404,705.63 FGZXX .00P Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 2 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LIQUID OPERATING PORTFOLIO6745046600 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date 07/15/2024 07/15/2024 07/15/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -2,431,063.54 .00 .00-2,431,063.5400 1.000000 2,431,063.54 FGZXX .00P 07/15/2024 07/15/2024 07/15/2024 756109AQ7 20 MATURED PAR VALUE OF REALTY INCOME CORP 3.875% 7/15/24 2,359,000 PAR VALUE AT 100 % .00 .00 -2,356,900.49 2,099.51 .00-2,359,000.0000 1.000000 2,359,000.00 .00P 07/15/2024 756109AQ7 310 INTEREST EARNED ON REALTY INCOME CORP 3.875% 7/15/24 $1 PV ON 2359000.0000 SHARES DUE 7/15/2024 .00 .00 .00 .00 .00 .0000 .000000 45,705.63 .00I 07/23/2024 07/23/2024 07/23/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -780.88 .00 .00-780.8800 1.000000 780.88 FGZXX .00P 07/23/2024 07/23/2024 07/23/2024 912797KQ9 20 MATURED PAR VALUE OF U S TREASURY BILL 7/23/24 2,950,000 PAR VALUE AT 100 % .00 .00 -2,900,489.72 .00 .00-2,950,000.0000 1.000000 2,900,489.72 .00P 07/23/2024 912797KQ9 310 INTEREST EARNED ON U S TREASURY BILL 7/23/24 $1 PV ON 2950000.0000 SHARES DUE 7/23/2024 2,950,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 49,510.28 .00I 07/23/2024 07/18/2024 07/23/2024 912797LH8 10 PURCHASED PAR VALUE OF U S TREASURY BILL 9/17/24 /BARCLAYS CAPITAL INC. FIXED IN/BTEC 3,000,000 PAR VALUE AT 99.181778 % .00 .00 2,975,453.34 .00 .00 3,000,000.0000 .991818 -2,975,453.34 .00P 07/23/2024 07/22/2024 07/23/2024 912797LU9 20 SOLD PAR VALUE OF U S TREASURY BILL 10/22/24 /WELLS FARGO SECURITIES, LLC/BTEC 25,000 PAR VALUE AT 98.68984 % .00 .00 -24,590.77 .00 .00-25,000.0000 .986898 24,590.77 .00P 07/23/2024 912797LU9 310 INTEREST EARNED ON U S TREASURY BILL 10/22/24 $1 PV ON 25000.0000 SHARES DUE 7/22/2024 25,000 PAR VALUE AT 98.68984 % .00 .00 .00 .00 .00 .0000 .000000 81.69 .00I 07/24/2024 07/24/2024 07/24/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 29,666.81 .00 .00 29,666.8100 1.000000 -29,666.81 FGZXX .00P 07/24/2024 61747YEB7 310 INTEREST EARNED ON MORGAN STANLEY MTN 5.85423% 1/22/25 $1 PV ON 2000000.0000 SHARES DUE 7/24/2024 .00 .00 .00 .00 .00 .0000 .000000 29,666.81 MSM5825 .00I 07/26/2024 07/26/2024 07/26/2024 110122CM8 20 MATURED PAR VALUE OF BRISTOL MYERS SQUIBB 2.900% 7/26/24 5,000,000 PAR VALUE AT 100 % .00 .00 -4,958,350.00 41,650.00 .00-5,000,000.0000 1.000000 5,000,000.00 .00P 07/26/2024 110122CM8 310 INTEREST EARNED ON BRISTOL MYERS SQUIBB 2.900% 7/26/24 $1 PV ON 5000000.0000 SHARES DUE 7/26/2024 .00 .00 .00 .00 .00 .0000 .000000 72,500.00 .00I 07/26/2024 07/26/2024 07/26/2024 313312ZZ6 10 PURCHASED PAR VALUE OF F F C B DISC NTS 7/29/24 /JEFFERIES LLC/985,000 PAR VALUE AT 99.95608325 % .00 .00 984,567.42 .00 .00 985,000.0000 .999561 -984,567.42 .00P 07/26/2024 07/26/2024 07/26/2024 313384ZZ5 10 PURCHASED PAR VALUE OF F H L B DISC NTS 7/29/24 /BOFA SECURITIES, INC./FXD INC/4,000,000 PAR VALUE AT 99.95608325 % .00 .00 3,998,243.33 .00 .00 4,000,000.0000 .999561 -3,998,243.33 .00P 07/26/2024 07/26/2024 07/26/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -4,982,810.75 .00 .00-4,982,810.7500 1.000000 4,982,810.75 FGZXX .00P Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 3 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LIQUID OPERATING PORTFOLIO6745046600 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date 07/26/2024 07/26/2024 07/26/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 5,072,500.00 .00 .00 5,072,500.0000 1.000000 -5,072,500.00 FGZXX .00P 07/29/2024 07/29/2024 07/29/2024 313312ZZ6 20 MATURED PAR VALUE OF F F C B DISC NTS 7/29/24 985,000 PAR VALUE AT 100 % .00 .00 -984,567.42 .00 .00-985,000.0000 1.000000 984,567.42 .00P 07/29/2024 313312ZZ6 310 INTEREST EARNED ON F F C B DISC NTS 7/29/24 $1 PV ON 985000.0000 SHARES DUE 7/29/2024 985,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 432.58 .00I 07/29/2024 07/29/2024 07/29/2024 313384ZZ5 20 MATURED PAR VALUE OF F H L B DISC NTS 7/29/24 4,000,000 PAR VALUE AT 100 % .00 .00 -3,998,243.33 .00 .00-4,000,000.0000 1.000000 3,998,243.33 .00P 07/29/2024 313384ZZ5 310 INTEREST EARNED ON F H L B DISC NTS 7/29/24 $1 PV ON 4000000.0000 SHARES DUE 7/29/2024 4,000,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 1,756.67 .00I 07/29/2024 07/29/2024 07/29/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -4,798,593.33 .00 .00-4,798,593.3300 1.000000 4,798,593.33 FGZXX .00P 07/29/2024 07/29/2024 07/29/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 4,985,000.00 .00 .00 4,985,000.0000 1.000000 -4,985,000.00 FGZXX .00P 07/29/2024 07/28/2024 07/29/2024 880592A34 10 PURCHASED PAR VALUE OF T V A DISC NTS 7/31/24 /FIRST HORIZON BANK/XOTC 4,800,000 PAR VALUE AT 99.97069438 % .00 .00 4,798,593.33 .00 .00 4,800,000.0000 .999707 -4,798,593.33 .00P 07/30/2024 07/30/2024 07/30/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -304,052.13 .00 .00-304,052.1300 1.000000 304,052.13 FGZXX .00P 07/30/2024 07/30/2024 07/30/2024 91282CFD8 10 PURCHASED PAR VALUE OF U S TREASURY NT 0.0001% 7/31/24 /IRVTUS3N BK OF NEW YORK/300,000 PAR VALUE AT 99.99966667 % .00 .00 299,999.00 .00 .00 300,000.0000 .999997 -299,999.00 .00P 07/30/2024 07/30/2024 91282CFD8 300 PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT 0.0001% 7/31/24 .00 .00 .00 .00 .00 .0000 .000000 -4,053.13 .00I 07/31/2024 210 CASH DISBURSEMENT PAID TO ORANGE COUNTY SANITATION DISTRICT OUTGOING DOMESTIC WIRE LIQUID OPERATING PORTFOLIO WITHDRAWAL .00 .00 .00 .00 .00 .0000 .000000 -36,000,000.00 .00P 07/31/2024 07/31/2024 07/31/2024 03785DGX8 20 MATURED PAR VALUE OF APPLE INC C P 7/31/24 4,800,000 PAR VALUE AT 100 % .00 .00 -4,778,840.00 .00 .00-4,800,000.0000 1.000000 4,778,840.00 .00P 07/31/2024 03785DGX8 310 INTEREST EARNED ON APPLE INC C P 7/31/24 $1 PV ON 4800000.0000 SHARES DUE 7/31/2024 4,800,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 21,160.00 .00I 07/31/2024 07/31/2024 07/31/2024 313588A39 20 MATURED PAR VALUE OF F N M A DISC NT 7/31/24 15,000,000 PAR VALUE AT 100 % .00 .00 -14,910,568.75 .00 .00-15,000,000.0000 1.000000 14,910,568.75 .00P 07/31/2024 313588A39 310 INTEREST EARNED ON F N M A DISC NT 7/31/24 $1 PV ON 15000000.0000 SHARES DUE 7/31/2024 15,000,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 89,431.25 .00I Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 4 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LIQUID OPERATING PORTFOLIO6745046600 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date 07/31/2024 07/31/2024 07/31/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -37,024,576.07 .00 .00-37,024,576.0700 1.000000 37,024,576.07 FGZXX .00P 07/31/2024 07/31/2024 07/31/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 37,150,000.00 .00 .00 37,150,000.0000 1.000000 -37,150,000.00 FGZXX .00P 07/31/2024 07/31/2024 07/31/2024 53245PGX0 20 MATURED PAR VALUE OF LILLY ELI CO DISC COML C P 7/31/24 2,250,000 PAR VALUE AT 100 % .00 .00 -2,238,030.00 .00 .00-2,250,000.0000 1.000000 2,238,030.00 .00P 07/31/2024 53245PGX0 310 INTEREST EARNED ON LILLY ELI CO DISC COML C P 7/31/24 $1 PV ON 2250000.0000 SHARES DUE 7/31/2024 2,250,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 11,970.00 .00I 07/31/2024 07/31/2024 07/31/2024 880592A34 20 MATURED PAR VALUE OF T V A DISC NTS 7/31/24 4,800,000 PAR VALUE AT 100 % .00 .00 -4,798,593.33 .00 .00-4,800,000.0000 1.000000 4,798,593.33 .00P 07/31/2024 880592A34 310 INTEREST EARNED ON T V A DISC NTS 7/31/24 $1 PV ON 4800000.0000 SHARES DUE 7/31/2024 4,800,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 1,406.67 .00I 07/31/2024 07/31/2024 07/31/2024 912797KM8 10 PURCHASED PAR VALUE OF U S TREASURY BILL 9/26/24 /BMO-CHICAGO BRANCH/1,175,000 PAR VALUE AT 99.17025447 % .00 .00 1,165,250.49 .00 .00 1,175,000.0000 .991703 -1,165,250.49 .00P 07/31/2024 07/31/2024 07/31/2024 91282CFD8 20 MATURED PAR VALUE OF U S TREASURY NT 0.0001% 7/31/24 300,000 PAR VALUE AT 100 % .00 .00 -299,999.00 1.00 .00-300,000.0000 1.000000 300,000.00 .00P 07/31/2024 91282CFD8 310 INTEREST EARNED ON U S TREASURY NT 0.0001% 7/31/24 $1 PV ON 10300000.0000 SHARES DUE 7/31/2024 .00 .00 .00 .00 .00 .0000 .000000 140,674.42 .00I 07/31/2024 07/31/2024 07/31/2024 91282CFD8 20 MATURED PAR VALUE OF U S TREASURY NT 0.0001% 7/31/24 10,000,000 PAR VALUE AT 100 % .00 .00 -9,999,222.53 777.47 .00-10,000,000.0000 1.000000 10,000,000.00 .00P Account Ending Cash Principal Cash: -19,797,794.85 Income Cash: 19,797,794.85 Total Cash: 0.00 Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 5 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LONG-TERM PORTFOLIO6745046601 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date Account Beginning Cash Total Cash: 0.00Income Cash: 80,727,683.02Principal Cash: -80,727,683.02 07/01/2024 07/01/2024 07/01/2024 03785DGX8 10 PURCHASED PAR VALUE OF APPLE INC C P 7/31/24 /BARCLAYS CAPITAL INC. FIXED IN/XOTC 1,200,000 PAR VALUE AT 99.55916667 % .00 .00 1,194,710.00 .00 .00 1,200,000.0000 .995592 -1,194,710.00 .00P 07/01/2024 07/01/2024 07/01/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 1,017,500.00 .00 .00 1,017,500.0000 1.000000 -1,017,500.00 FGZXX .00P 07/01/2024 31846V567 310 INTEREST EARNED ON FIRST AM GOVT OB FD CL Z UNIT ON 0.0000 SHARES DUE 6/30/2024 INTEREST FROM 6/1/24 TO 6/30/24 .00 .00 .00 .00 .00 .0000 .000000 1,179.36 FGZXX .00I 07/01/2024 07/01/2024 07/01/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -1,194,710.00 .00 .00-1,194,710.0000 1.000000 1,194,710.00 FGZXX .00P 07/01/2024 91282CBC4 310 INTEREST EARNED ON U S TREASURY NT 0.375% 12/31/25 $1 PV ON 10000000.0000 SHARES DUE 6/30/2024 .00 .00 .00 .00 .00 .0000 .000000 18,750.00 .00I 07/01/2024 91282CEW7 310 INTEREST EARNED ON U S TREASURY NT 3.250% 6/30/27 $1 PV ON 20500000.0000 SHARES DUE 6/30/2024 .00 .00 .00 .00 .00 .0000 .000000 333,125.00 UST3227 .00I 07/01/2024 91282CGC9 310 INTEREST EARNED ON U S TREASURY NT 3.875% 12/31/27 $1 PV ON 15000000.0000 SHARES DUE 6/30/2024 .00 .00 .00 .00 .00 .0000 .000000 290,625.00 UST3827 .00I 07/01/2024 91282CJR3 310 INTEREST EARNED ON U S TREASURY NT 3.750% 12/31/28 $1 PV ON 20000000.0000 SHARES DUE 6/30/2024 .00 .00 .00 .00 .00 .0000 .000000 375,000.00 .00I 07/02/2024 07/02/2024 07/02/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 1,179.36 .00 .00 1,179.3600 1.000000 -1,179.36 FGZXX .00P 07/08/2024 02665WEM9 310 INTEREST EARNED ON AMERICAN HONDA MTN 5.125% 7/07/28 $1 PV ON 1000000.0000 SHARES DUE 7/7/2024 .00 .00 .00 .00 .00 .0000 .000000 25,625.00 .00I 07/08/2024 3135G0X24 310 INTEREST EARNED ON F N M A 1.625% 1/07/25 $1 PV ON 3750000.0000 SHARES DUE 7/7/2024 .00 .00 .00 .00 .00 .0000 .000000 30,468.75 .00I 07/08/2024 07/08/2024 07/08/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 56,093.75 .00 .00 56,093.7500 1.000000 -56,093.75 FGZXX .00P 07/09/2024 07/09/2024 07/09/2024 16677JG91 20 MATURED PAR VALUE OF CHEVRON CORP DISC COML C P 7/09/24 1,525,000 PAR VALUE AT 100 % .00 .00 -1,520,718.14 .00 .00-1,525,000.0000 1.000000 1,520,718.14 .00P 07/09/2024 16677JG91 310 INTEREST EARNED ON CHEVRON CORP DISC COML C P 7/09/24 $1 PV ON 1525000.0000 SHARES DUE 7/9/2024 1,525,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 4,281.86 .00I 07/09/2024 07/09/2024 07/09/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 1,525,000.00 .00 .00 1,525,000.0000 1.000000 -1,525,000.00 FGZXX .00P Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 6 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LONG-TERM PORTFOLIO6745046601 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date 07/10/2024 07/10/2024 07/10/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -1,619,976.04 .00 .00-1,619,976.0400 1.000000 1,619,976.04 FGZXX .00P 07/10/2024 07/10/2024 07/10/2024 93114EGX9 10 PURCHASED PAR VALUE OF WALMART INC DISC COML C P 7/31/24 /MIZUHO SECURITIES USA INC./1,625,000 PAR VALUE AT 99.69083323 % .00 .00 1,619,976.04 .00 .00 1,625,000.0000 .996908 -1,619,976.04 .00P 07/11/2024 07/11/2024 07/11/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 55,500.00 .00 .00 55,500.0000 1.000000 -55,500.00 FGZXX .00P 07/11/2024 59217GER6 310 INTEREST EARNED ON MET LIFE GLOB MTN 1.875% 1/11/27 $1 PV ON 5920000.0000 SHARES DUE 7/11/2024 .00 .00 .00 .00 .00 .0000 .000000 55,500.00 .00I 07/11/2024 912828WU0 63 STATE COST OF U S TREASURY NT 0.125% 7/15/24 ADJUSTED BY 2414.03 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI .00 .00 .00 .00 .00 .0000 .000000 .00 .00P 07/11/2024 912828WU0 65 PAR VALUE OF U S TREASURY NT 0.125% 7/15/24 ADJUSTED BY 2414.0300 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI .00 .00 .00 .00 .00 2,414.0300 .000000 .00 .00P 07/11/2024 912828WU0 64 BOOK VALUE OF U S TREASURY NT 0.125% 7/15/24 ADJUSTED BY 507.95 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI .00 .00 .00 .00 .00 .0000 .000000 .00 .00P 07/11/2024 912828WU0 62 FED BASIS OF U S TREASURY NT 0.125% 7/15/24 ADJUSTED BY 507.95 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI .00 .00 507.95 .00 .00 .0000 .000000 .00 .00P 07/11/2024 912828WU0 63 STATE COST OF U S TREASURY NT 0.125% 7/15/24 ADJUSTED BY 507.95 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI .00 .00 .00 .00 .00 .0000 .000000 .00 .00P 07/11/2024 912828WU0 65 PAR VALUE OF U S TREASURY NT 0.125% 7/15/24 ADJUSTED BY 507.9500 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI .00 .00 .00 .00 .00 507.9500 .000000 .00 .00P 07/11/2024 912828WU0 64 BOOK VALUE OF U S TREASURY NT 0.125% 7/15/24 ADJUSTED BY 1254.03 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI .00 .00 .00 .00 .00 .0000 .000000 .00 .00P 07/11/2024 912828WU0 62 FED BASIS OF U S TREASURY NT 0.125% 7/15/24 ADJUSTED BY 1254.03 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI .00 .00 1,254.03 .00 .00 .0000 .000000 .00 .00P 07/11/2024 912828WU0 63 STATE COST OF U S TREASURY NT 0.125% 7/15/24 ADJUSTED BY 1254.03 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI .00 .00 .00 .00 .00 .0000 .000000 .00 .00P 07/11/2024 912828WU0 65 PAR VALUE OF U S TREASURY NT 0.125% 7/15/24 ADJUSTED BY 1254.0300 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI .00 .00 .00 .00 .00 1,254.0300 .000000 .00 .00P 07/11/2024 912828WU0 64 BOOK VALUE OF U S TREASURY NT 0.125% 7/15/24 ADJUSTED BY 2414.03 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI .00 .00 .00 .00 .00 .0000 .000000 .00 .00P 07/11/2024 912828WU0 62 FED BASIS OF U S TREASURY NT 0.125% 7/15/24 ADJUSTED BY 2414.03 UNITS INCREASE TO ADJUST FOR CHANGE IN CPI .00 .00 2,414.03 .00 .00 .0000 .000000 .00 .00P Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 7 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LONG-TERM PORTFOLIO6745046601 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date 07/12/2024 07/12/2024 07/12/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 262,500.00 .00 .00 262,500.0000 1.000000 -262,500.00 FGZXX .00P 07/12/2024 07/12/2024 07/12/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 19,600.00 .00 .00 19,600.0000 1.000000 -19,600.00 FGZXX .00P 07/12/2024 459058KT9 310 INTEREST EARNED ON INTL BK M T N 3.500% 7/12/28 $1 PV ON 15000000.0000 SHARES DUE 7/12/2024 .00 .00 .00 .00 .00 .0000 .000000 262,500.00 .00I 07/12/2024 89114TZN5 310 INTEREST EARNED ON TORONTO DOMINION MTN 1.950% 1/12/27 $1 PV ON 2000000.0000 SHARES DUE 7/12/2024 .00 .00 .00 .00 .00 .0000 .000000 19,600.00 .00I 07/15/2024 02582JJT8 310 INTEREST EARNED ON AMERICAN EXPRESS 3.390% 5/17/27 $1 PV ON 18701.5000 SHARES DUE 7/15/2024 $0.00283/PV ON 6,620,000.00 PV DUE 7/15/24 .00 .00 .00 .00 .00 .0000 .000000 18,701.50 .00I 07/15/2024 02582JJV3 310 INTEREST EARNED ON AMERICAN EXPRESS 3.750% 8/16/27 $1 PV ON 6250.0000 SHARES DUE 7/15/2024 $0.00313/PV ON 2,000,000.00 PV DUE 7/15/24 .00 .00 .00 .00 .00 .0000 .000000 6,250.00 .00I 07/15/2024 02665WEA5 310 INTEREST EARNED ON AMERICAN HONDA MTN 1.500% 1/13/25 $1 PV ON 6000000.0000 SHARES DUE 7/13/2024 .00 .00 .00 .00 .00 .0000 .000000 45,000.00 .00I 07/15/2024 161571HV9 310 INTEREST EARNED ON CHASE ISSUE TR 4.600% 1/16/29 $1 PV ON 30820.0000 SHARES DUE 7/15/2024 $0.00383/PV ON 8,040,000.00 PV DUE 7/15/24 .00 .00 .00 .00 .00 .0000 .000000 30,820.00 .00I 07/15/2024 3133TCE95 310 INTEREST EARNED ON F H L M C MLTCL MTG 4.692% 8/15/32 $1 PV ON 7.7800 SHARES DUE 7/15/2024 $0.00391/PV ON 1,989.60 PV DUE 7/15/24 .00 .00 .00 .00 .00 .0000 .000000 7.78 FHL3032 .00I 07/15/2024 07/15/2024 07/15/2024 3133TCE95 20 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 4.692% 8/15/32 .00 .00 -56.91 .00 -.06-56.8500 .000000 56.85 FHL3032 .00P 07/15/2024 07/15/2024 07/15/2024 31348SWZ3 20 PAID DOWN PAR VALUE OF F H L M C #786064 6.262% 1/01/28 JUNE FHLMC DUE 7/15/24 .00 .00 -11.23 .00 .28-11.5100 .000000 11.51 786064F .00P 07/15/2024 31348SWZ3 310 INTEREST EARNED ON F H L M C #786064 6.262% 1/01/28 $1 PV ON 2.8800 SHARES DUE 7/15/2024 MAY FHLMC DUE 7/15/24 .00 .00 .00 .00 .00 .0000 .000000 2.88 786064F .00I 07/15/2024 07/15/2024 07/15/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 1,061,739.76 .00 .00 1,061,739.7600 1.000000 -1,061,739.76 FGZXX .00P 07/15/2024 07/15/2024 07/15/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -1,433,831.85 .00 .00-1,433,831.8500 1.000000 1,433,831.85 FGZXX .00P 07/15/2024 43815BAC4 310 INTEREST EARNED ON HONDA AUTO REC OWN 1.880% 5/15/26 $1 PV ON 3812.3700 SHARES DUE 7/15/2024 $0.00157/PV ON 2,433,428.26 PV DUE 7/15/24 .00 .00 .00 .00 .00 .0000 .000000 3,812.37 HAR1826 .00I Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 8 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LONG-TERM PORTFOLIO6745046601 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date 07/15/2024 07/15/2024 07/15/2024 43815BAC4 20 PAID DOWN PAR VALUE OF HONDA AUTO REC OWN 1.880% 5/15/26 .00 .00 -206,488.91 .00 31.06-206,519.9700 2.862826 206,519.97 HAR1826 .00P 07/15/2024 448977AD0 310 INTEREST EARNED ON HYUNDAI AUTO REC 2.220% 10/15/26 $1 PV ON 5000.0600 SHARES DUE 7/15/2024 $0.00185/PV ON 2,702,735.29 PV DUE 7/15/24 .00 .00 .00 .00 .00 .0000 .000000 5,000.06 HAR2226 .00I 07/15/2024 07/15/2024 07/15/2024 448977AD0 20 PAID DOWN PAR VALUE OF HYUNDAI AUTO REC 2.220% 10/15/26 .00 .00 -225,225.33 .00 8.67-225,234.0000 2.624963 225,234.00 HAR2226 .00P 07/15/2024 44933LAC7 310 INTEREST EARNED ON HYUNDAI AUTO REC 0.38001% 9/15/25 $1 PV ON 21.3900 SHARES DUE 7/15/2024 $0.00032/PV ON 67,560.70 PV DUE 7/15/24 .00 .00 .00 .00 .00 .0000 .000000 21.39 HAR0325 .00I 07/15/2024 07/15/2024 07/15/2024 44933LAC7 20 PAID DOWN PAR VALUE OF HYUNDAI AUTO REC 0.38001% 9/15/25 CMO FINAL PAYDOWN .00 .00 -67,553.60 .00 7.10-67,560.7000 .000000 67,560.70 HAR0325 .00P 07/15/2024 44935FAD6 310 INTEREST EARNED ON HYUNDAI AUTO REC TR 0.740% 5/15/26 $1 PV ON 372.9700 SHARES DUE 7/15/2024 $0.00062/PV ON 604,816.52 PV DUE 7/15/24 .00 .00 .00 .00 .00 .0000 .000000 372.97 HAR0726 .00I 07/15/2024 07/15/2024 07/15/2024 44935FAD6 20 PAID DOWN PAR VALUE OF HYUNDAI AUTO REC TR 0.740% 5/15/26 .00 .00 -76,139.56 .00 17.00-76,156.5600 7.763361 76,156.56 HAR0726 .00P 07/15/2024 4581X0DN5 310 INTEREST EARNED ON INTER AMER BK M T N 0.625% 7/15/25 $1 PV ON 5050000.0000 SHARES DUE 7/15/2024 .00 .00 .00 .00 .00 .0000 .000000 15,781.25 .00I 07/15/2024 45950KDD9 310 INTEREST EARNED ON IFC M T N 4.500% 7/13/28 $1 PV ON 4130000.0000 SHARES DUE 7/13/2024 .00 .00 .00 .00 .00 .0000 .000000 92,925.00 .00I 07/15/2024 47787JAC2 310 INTEREST EARNED ON JOHN DEERE OWNER 2.320% 9/15/26 $1 PV ON 3231.3000 SHARES DUE 7/15/2024 $0.00193/PV ON 1,671,364.68 PV DUE 7/15/24 .00 .00 .00 .00 .00 .0000 .000000 3,231.30 JDO2326 .00I 07/15/2024 07/15/2024 07/15/2024 47787JAC2 20 PAID DOWN PAR VALUE OF JOHN DEERE OWNER 2.320% 9/15/26 .00 .00 -123,354.30 .00 27.29-123,381.5900 4.791889 123,381.59 JDO2326 .00P 07/15/2024 47789QAC4 310 INTEREST EARNED ON JOHN DEERE OWN 0.520% 3/16/26 $1 PV ON 359.3400 SHARES DUE 7/15/2024 $0.00043/PV ON 829,234.50 PV DUE 7/15/24 .00 .00 .00 .00 .00 .0000 .000000 359.34 JDO0926 .00I 07/15/2024 07/15/2024 07/15/2024 47789QAC4 20 PAID DOWN PAR VALUE OF JOHN DEERE OWN 0.520% 3/16/26 .00 .00 -69,766.11 .00 6.22-69,772.3300 8.473715 69,772.33 JDO0926 .00P 07/15/2024 47800AAC4 310 INTEREST EARNED ON JOHN DEERE OWNR TR 3.740% 2/16/27 $1 PV ON 8613.5100 SHARES DUE 7/15/2024 $0.00312/PV ON 2,763,691.57 PV DUE 7/15/24 .00 .00 .00 .00 .00 .0000 .000000 8,613.51 JDO6827 .00I 07/15/2024 07/15/2024 07/15/2024 47800AAC4 20 PAID DOWN PAR VALUE OF JOHN DEERE OWNR TR 3.740% 2/16/27 .00 .00 -128,340.26 .00 12.26-128,352.5200 4.606305 128,352.52 JDO6827 .00P Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 9 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LONG-TERM PORTFOLIO6745046601 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date 07/15/2024 47800BAC2 310 INTEREST EARNED ON JOHN DEERE OWNER 5.090% 6/15/27 $1 PV ON 17136.3300 SHARES DUE 7/15/2024 $0.00424/PV ON 4,040,000.00 PV DUE 7/15/24 .00 .00 .00 .00 .00 .0000 .000000 17,136.33 JDO5027 .00I 07/15/2024 07/15/2024 07/15/2024 91058TGX8 10 PURCHASED PAR VALUE OF UNITEDHEALTH GROUP C P 7/31/24 /BARCLAYS CAPITAL INC. FIXED IN/XOTC 7,125,000 PAR VALUE AT 99.76266667 % .00 .00 7,108,090.00 .00 .00 7,125,000.0000 .997627 -7,108,090.00 .00P 07/15/2024 912828WU0 310 INTEREST EARNED ON U S TREASURY NT 0.125% 7/15/24 $1 PV ON 4757363.9900 SHARES DUE 7/15/2024 .00 .00 .00 .00 .00 .0000 .000000 2,973.35 .00I 07/15/2024 07/15/2024 07/15/2024 912828WU0 20 MATURED PAR VALUE OF U S TREASURY NT 0.125% 7/15/24 4,757,363.99 PAR VALUE AT 100 % .00 .00 -4,706,024.87 .00 51,339.12-4,757,363.9900 1.000000 4,757,363.99 .00P 07/16/2024 07/16/2024 07/16/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 36,483.78 .00 .00 36,483.7800 1.000000 -36,483.78 FGZXX .00P 07/16/2024 362554AC1 310 INTEREST EARNED ON GM FIN CONS AUTO 0.680% 9/16/26 $1 PV ON 432.1400 SHARES DUE 7/16/2024 $0.00057/PV ON 762,590.32 PV DUE 7/16/24 .00 .00 .00 .00 .00 .0000 .000000 432.14 GFC0626 .00I 07/16/2024 07/16/2024 07/16/2024 362554AC1 20 PAID DOWN PAR VALUE OF GM FIN CONS AUTO 0.680% 9/16/26 .00 .00 -69,095.72 .00 1.76-69,097.4800 .000000 69,097.48 GFC0626 .00P 07/16/2024 362585AC5 310 INTEREST EARNED ON GM FIN CONS AUT 3.100% 2/16/27 $1 PV ON 4513.6000 SHARES DUE 7/16/2024 $0.00258/PV ON 1,747,199.04 PV DUE 7/16/24 .00 .00 .00 .00 .00 .0000 .000000 4,513.60 GFC3427 .00I 07/16/2024 07/16/2024 07/16/2024 362585AC5 20 PAID DOWN PAR VALUE OF GM FIN CONS AUT 3.100% 2/16/27 .00 .00 -114,669.82 .00 23.97-114,693.7900 .000000 114,693.79 GFC3427 .00P 07/16/2024 380146AC4 310 INTEREST EARNED ON GM FIN CONS AUTO 1.260% 11/16/26 $1 PV ON 894.5400 SHARES DUE 7/16/2024 $0.00105/PV ON 851,946.03 PV DUE 7/16/24 .00 .00 .00 .00 .00 .0000 .000000 894.54 GFC1226 .00I 07/16/2024 07/16/2024 07/16/2024 380146AC4 20 PAID DOWN PAR VALUE OF GM FIN CONS AUTO 1.260% 11/16/26 .00 .00 -71,761.51 .00 6.24-71,767.7500 .000000 71,767.75 GFC1226 .00P 07/16/2024 07/16/2024 07/16/2024 91282CFM8 20 SOLD PAR VALUE OF U S TREASURY NT 4.125% 9/30/27 /BMO-CHICAGO BRANCH/600,000 PAR VALUE AT 99.73794667 % .00 .00 -597,984.37 .00 443.31-600,000.0000 .997379 598,427.68 UST4127 .00P 07/16/2024 07/16/2024 91282CFM8 301 RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 4.125% 9/30/27 .00 .00 .00 .00 .00 .0000 .000000 7,235.66 UST4127 .00I 07/17/2024 07/17/2024 07/17/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -36,483.78 .00 .00-36,483.7800 1.000000 36,483.78 FGZXX .00P 07/17/2024 07/17/2024 07/17/2024 6698M4GX4 10 PURCHASED PAR VALUE OF NOVARTIS FIN CORP C P 7/31/24 /GOLDMAN SACHS & CO. LLC/XOTC 3,000,000 PAR VALUE AT 99.7935 % .00 .00 2,993,805.00 .00 .00 3,000,000.0000 .997935 -2,993,805.00 .00P Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 10 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LONG-TERM PORTFOLIO6745046601 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date 07/18/2024 07/18/2024 07/18/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 50,148.82 .00 .00 50,148.8200 1.000000 -50,148.82 FGZXX .00P 07/18/2024 07/18/2024 07/18/2024 91282CFM8 20 SOLD PAR VALUE OF U S TREASURY NT 4.125% 9/30/27 /BMO-CHICAGO BRANCH/2,975,000 PAR VALUE AT 99.86294622 % .00 .00 -2,981,802.74 .00 -10,880.09-2,975,000.0000 .998629 2,970,922.65 UST4127 .00P 07/18/2024 07/18/2024 91282CFM8 301 RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT 4.125% 9/30/27 .00 .00 .00 .00 .00 .0000 .000000 36,547.39 UST4127 .00I 07/22/2024 06051GGF0 310 INTEREST EARNED ON BANK OF AMERICA MTN 3.824% 1/20/28 $1 PV ON 6275000.0000 SHARES DUE 7/20/2024 .00 .00 .00 .00 .00 .0000 .000000 119,978.00 .00I 07/22/2024 24422EWR6 310 INTEREST EARNED ON DEERE JOHN MTN 4.750% 1/20/28 $1 PV ON 6500000.0000 SHARES DUE 7/20/2024 .00 .00 .00 .00 .00 .0000 .000000 154,375.00 .00I 07/22/2024 3137EAEU9 310 INTEREST EARNED ON F H L M C M T N 0.375% 7/21/25 $1 PV ON 5030000.0000 SHARES DUE 7/21/2024 .00 .00 .00 .00 .00 .0000 .000000 9,431.25 .00I 07/22/2024 07/22/2024 07/22/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 456,786.64 .00 .00 456,786.6400 1.000000 -456,786.64 FGZXX .00P 07/22/2024 07/20/2024 07/22/2024 36225CAZ9 20 PAID DOWN PAR VALUE OF G N M A I I #080023 3.750% 12/20/26 JUNE GNMA DUE 7/20/24 .00 .00 -319.24 .00 -5.19-314.0500 .000000 314.05 080023M .00P 07/22/2024 36225CAZ9 310 INTEREST EARNED ON G N M A I I #080023 3.750% 12/20/26 $1 PV ON 9.4100 SHARES DUE 7/20/2024 JUNE GNMA DUE 7/20/24 .00 .00 .00 .00 .00 .0000 .000000 9.41 080023M .00I 07/22/2024 07/20/2024 07/22/2024 36225CC20 20 PAID DOWN PAR VALUE OF G N M A I I #080088 4.000% 6/20/27 JUNE GNMA DUE 7/20/24 .00 .00 -85.56 .00 -1.83-83.7300 .000000 83.73 080088M .00P 07/22/2024 36225CC20 310 INTEREST EARNED ON G N M A I I #080088 4.000% 6/20/27 $1 PV ON 10.4000 SHARES DUE 7/20/2024 JUNE GNMA DUE 7/20/24 .00 .00 .00 .00 .00 .0000 .000000 10.40 080088M .00I 07/22/2024 07/20/2024 07/22/2024 36225CN28 20 PAID DOWN PAR VALUE OF G N M A I I #080408 3.875% 5/20/30 JUNE GNMA DUE 7/20/24 .00 .00 -226.50 .00 2.32-228.8200 .000000 228.82 080408M .00P 07/22/2024 36225CN28 310 INTEREST EARNED ON G N M A I I #080408 3.875% 5/20/30 $1 PV ON 57.1500 SHARES DUE 7/20/2024 JUNE GNMA DUE 7/20/24 .00 .00 .00 .00 .00 .0000 .000000 57.15 080408M .00I 07/22/2024 07/20/2024 07/22/2024 36225CNM4 20 PAID DOWN PAR VALUE OF G N M A I I #080395 3.875% 4/20/30 JUNE GNMA DUE 7/20/24 .00 .00 -44.12 .00 .40-44.5200 .000000 44.52 080395M .00P 07/22/2024 36225CNM4 310 INTEREST EARNED ON G N M A I I #080395 3.875% 4/20/30 $1 PV ON 6.5500 SHARES DUE 7/20/2024 JUNE GNMA DUE 7/20/24 .00 .00 .00 .00 .00 .0000 .000000 6.55 080395M .00I 07/22/2024 07/20/2024 07/22/2024 36225DCB8 20 PAID DOWN PAR VALUE OF G N M A I I #080965 3.625% 7/20/34 JUNE GNMA DUE 7/20/24 .00 .00 -133.67 .00 .08-133.7500 .000000 133.75 080965M .00P Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 11 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LONG-TERM PORTFOLIO6745046601 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date 07/22/2024 36225DCB8 310 INTEREST EARNED ON G N M A I I #080965 3.625% 7/20/34 $1 PV ON 46.8600 SHARES DUE 7/20/2024 JUNE GNMA DUE 7/20/24 .00 .00 .00 .00 .00 .0000 .000000 46.86 080965M .00I 07/22/2024 43815GAC3 310 INTEREST EARNED ON HONDA AUTO REC 0.880% 1/21/26 $1 PV ON 671.0200 SHARES DUE 7/21/2024 $0.00073/PV ON 915,027.63 PV DUE 7/21/24 .00 .00 .00 .00 .00 .0000 .000000 671.02 HAR0826 .00I 07/22/2024 07/21/2024 07/22/2024 43815GAC3 20 PAID DOWN PAR VALUE OF HONDA AUTO REC 0.880% 1/21/26 .00 .00 -96,858.21 .00 20.42-96,878.6300 .000000 96,878.63 HAR0826 .00P 07/22/2024 90331HPL1 310 INTEREST EARNED ON US BANK NA MTN 2.050% 1/21/25 $1 PV ON 7270000.0000 SHARES DUE 7/21/2024 .00 .00 .00 .00 .00 .0000 .000000 74,517.50 .00I 07/23/2024 07/23/2024 07/23/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 127,201.25 .00 .00 127,201.2500 1.000000 -127,201.25 FGZXX .00P 07/23/2024 46647PAM8 310 INTEREST EARNED ON JPMORGAN CHASE CO 3.509% 1/23/29 $1 PV ON 7250000.0000 SHARES DUE 7/23/2024 .00 .00 .00 .00 .00 .0000 .000000 127,201.25 .00I 07/25/2024 05592XAD2 310 INTEREST EARNED ON BMW VEH OWNER TR 5.470% 2/25/28 $1 PV ON 6450.0400 SHARES DUE 7/25/2024 $0.00456/PV ON 1,415,000.00 PV DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 6,450.04 BVO5428 .00I 07/25/2024 3136AJZP4 310 INTEREST EARNED ON F N M A GTD REMIC 1.500% 4/25/29 $1 PV ON 1391.6800 SHARES DUE 7/25/2024 $0.00125/PV ON 1,113,339.36 PV DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 1,391.68 .00I 07/25/2024 07/25/2024 07/25/2024 3136AJZP4 20 PAID DOWN PAR VALUE OF F N M A GTD REMIC 1.500% 4/25/29 .00 .00 -24,167.03 2,287.21 .00-26,454.2400 .000000 26,454.24 .00P 07/25/2024 07/25/2024 07/25/2024 31371NUC7 20 PAID DOWN PAR VALUE OF F N M A #257179 4.500% 4/01/28 JUNE FNMA DUE 7/25/24 .00 .00 -101.84 .00 -5.55-96.2900 .000000 96.29 257179A .00P 07/25/2024 31371NUC7 310 INTEREST EARNED ON F N M A #257179 4.500% 4/01/28 $1 PV ON 12.3300 SHARES DUE 7/25/2024 JUNE FNMA DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 12.33 257179A .00I 07/25/2024 07/25/2024 07/25/2024 31376KT22 20 PAID DOWN PAR VALUE OF F N M A #357969 5.000% 9/01/35 JUNE FNMA DUE 7/25/24 .00 .00 -257.72 .00 -17.98-239.7400 .000000 239.74 357969A .00P 07/25/2024 31376KT22 310 INTEREST EARNED ON F N M A #357969 5.000% 9/01/35 $1 PV ON 137.8400 SHARES DUE 7/25/2024 JUNE FNMA DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 137.84 357969A .00I 07/25/2024 3137BFE98 310 INTEREST EARNED ON F H L B GTD REMIC 3.171% 10/25/24 $1 PV ON 12507.9700 SHARES DUE 7/25/2024 $0.00264/PV ON 4,733,384.70 PV DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 12,507.97 .00I 07/25/2024 07/25/2024 07/25/2024 3137BFE98 20 PAID DOWN PAR VALUE OF F H L B GTD REMIC 3.171% 10/25/24 .00 .00 -83,122.81 .00 -5,849.81-77,273.0000 15.803833 77,273.00 .00P Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 12 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LONG-TERM PORTFOLIO6745046601 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date 07/25/2024 3137BSRE5 310 INTEREST EARNED ON F H L M C MLTCL MTG 3.120% 9/25/26 $1 PV ON 13000.0000 SHARES DUE 7/25/2024 $0.00260/PV ON 5,000,000.00 PV DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 13,000.00 .00I 07/25/2024 3137FETN0 310 INTEREST EARNED ON F H L M C MLTCL MT 3.350% 1/25/28 $1 PV ON 15186.6600 SHARES DUE 7/25/2024 $0.00279/PV ON 5,440,000.00 PV DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 15,186.66 FHL0428B .00I 07/25/2024 3137FG6X8 310 INTEREST EARNED ON F H L M C MLTCL MT 3.850% 5/25/28 $1 PV ON 23260.4100 SHARES DUE 7/25/2024 $0.00321/PV ON 7,250,000.00 PV DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 23,260.41 FHL3828B .00I 07/25/2024 07/25/2024 07/25/2024 3138EG6F6 20 PAID DOWN PAR VALUE OF F N M A #AL0869 4.500% 6/01/29 JUNE FNMA DUE 7/25/24 .00 .00 -56.90 .00 -3.10-53.8000 .000000 53.80 AL0869A .00P 07/25/2024 3138EG6F6 310 INTEREST EARNED ON F N M A #AL0869 4.500% 6/01/29 $1 PV ON 9.0700 SHARES DUE 7/25/2024 JUNE FNMA DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 9.07 AL0869A .00I 07/25/2024 31394JY35 310 INTEREST EARNED ON F H L M C MLTCL MT 6.49999% 9/25/43 $1 PV ON 1810.0900 SHARES DUE 7/25/2024 $0.00542/PV ON 334,170.49 PV DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 1,810.09 FHL9543 .00I 07/25/2024 07/25/2024 07/25/2024 31394JY35 20 PAID DOWN PAR VALUE OF F H L M C MLTCL MT 6.49999% 9/25/43 .00 .00 -2,430.98 .00 -284.42-2,146.5600 .000000 2,146.56 FHL9543 .00P 07/25/2024 31397QRE0 310 INTEREST EARNED ON F N M A GTD REMIC 2.472% 2/25/41 $1 PV ON 323.8800 SHARES DUE 7/25/2024 $0.00511/PV ON 63,404.68 PV DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 323.88 FNM2841 .00I 07/25/2024 07/25/2024 07/25/2024 31397QRE0 20 PAID DOWN PAR VALUE OF F N M A GTD REMIC 2.472% 2/25/41 .00 .00 -654.06 .00 .20-654.2600 .000000 654.26 FNM2841 .00P 07/25/2024 07/25/2024 07/25/2024 31403DJZ3 20 PAID DOWN PAR VALUE OF F N M A #745580 5.000% 6/01/36 JUNE FNMA DUE 7/25/24 .00 .00 -424.50 .00 -29.62-394.8800 .000000 394.88 745580A .00P 07/25/2024 31403DJZ3 310 INTEREST EARNED ON F N M A #745580 5.000% 6/01/36 $1 PV ON 144.0400 SHARES DUE 7/25/2024 JUNE FNMA DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 144.04 745580A .00I 07/25/2024 07/25/2024 07/25/2024 31403GXF4 20 PAID DOWN PAR VALUE OF F N M A #748678 5.000% 10/01/33 JUNE FNMA DUE 7/25/24 .00 .00 -3.48 .00 -.24-3.2400 .000000 3.24 748678A .00P 07/25/2024 31403GXF4 310 INTEREST EARNED ON F N M A #748678 5.000% 10/01/33 $1 PV ON 1.8400 SHARES DUE 7/25/2024 JUNE FNMA DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 1.84 748678A .00I 07/25/2024 07/25/2024 07/25/2024 31406PQY8 20 PAID DOWN PAR VALUE OF F N M A #815971 5.000% 3/01/35 JUNE FNMA DUE 7/25/24 .00 .00 -335.49 .00 -23.41-312.0800 .000000 312.08 815971A .00P 07/25/2024 31406PQY8 310 INTEREST EARNED ON F N M A #815971 5.000% 3/01/35 $1 PV ON 186.0100 SHARES DUE 7/25/2024 JUNE FNMA DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 186.01 815971A .00I Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 13 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LONG-TERM PORTFOLIO6745046601 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date 07/25/2024 07/25/2024 07/25/2024 31406XWT5 20 PAID DOWN PAR VALUE OF F N M A #823358 5.959% 2/01/35 JUNE FNMA DUE 7/25/24 .00 .00 -127.48 .00 1.00-128.4800 .000000 128.48 823358A .00P 07/25/2024 31406XWT5 310 INTEREST EARNED ON F N M A #823358 5.959% 2/01/35 $1 PV ON 64.9100 SHARES DUE 7/25/2024 JUNE FNMA DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 64.91 823358A .00I 07/25/2024 07/25/2024 07/25/2024 31407BXH7 20 PAID DOWN PAR VALUE OF F N M A #826080 5.000% 7/01/35 JUNE FNMA DUE 7/25/24 .00 .00 -50.01 .00 -3.49-46.5200 .000000 46.52 826080A .00P 07/25/2024 31407BXH7 310 INTEREST EARNED ON F N M A #826080 5.000% 7/01/35 $1 PV ON 27.2900 SHARES DUE 7/25/2024 JUNE FNMA DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 27.29 826080A .00I 07/25/2024 07/25/2024 07/25/2024 31410F4V4 20 PAID DOWN PAR VALUE OF F N M A #888336 5.000% 7/01/36 JUNE FNMA DUE 7/25/24 .00 .00 -540.47 .00 -37.71-502.7600 .000000 502.76 888336A .00P 07/25/2024 31410F4V4 310 INTEREST EARNED ON F N M A #888336 5.000% 7/01/36 $1 PV ON 239.0100 SHARES DUE 7/25/2024 JUNE FNMA DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 239.01 888336A .00I 07/25/2024 07/25/2024 07/25/2024 31417YAY3 20 PAID DOWN PAR VALUE OF F N M A #MA0022 4.500% 4/01/29 JUNE FNMA DUE 7/25/24 .00 .00 -102.08 .00 -5.56-96.5200 .000000 96.52 MA0022A .00P 07/25/2024 31417YAY3 310 INTEREST EARNED ON F N M A #MA0022 4.500% 4/01/29 $1 PV ON 15.0000 SHARES DUE 7/25/2024 JUNE FNMA DUE 7/25/24 .00 .00 .00 .00 .00 .0000 .000000 15.00 MA0022A .00I 07/25/2024 07/25/2024 07/25/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 53,172.41 .00 .00 53,172.4100 1.000000 -53,172.41 FGZXX .00P 07/25/2024 07/25/2024 07/25/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 129,998.03 .00 .00 129,998.0300 1.000000 -129,998.03 FGZXX .00P 07/26/2024 07/26/2024 07/26/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 675,000.00 .00 .00 675,000.0000 1.000000 -675,000.00 FGZXX .00P 07/26/2024 07/26/2024 07/26/2024 6698M4GS5 20 MATURED PAR VALUE OF NOVARTIS FIN CORP DISC C P 7/26/24 675,000 PAR VALUE AT 100 % .00 .00 -671,814.00 .00 .00-675,000.0000 1.000000 671,814.00 .00P 07/26/2024 6698M4GS5 310 INTEREST EARNED ON NOVARTIS FIN CORP DISC C P 7/26/24 $1 PV ON 675000.0000 SHARES DUE 7/26/2024 675,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 3,186.00 .00I 07/29/2024 07/29/2024 07/29/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -1,449,575.07 .00 .00-1,449,575.0700 1.000000 1,449,575.07 FGZXX .00P 07/29/2024 07/28/2024 07/29/2024 880592A34 10 PURCHASED PAR VALUE OF T V A DISC NTS 7/31/24 /FIRST HORIZON BANK/XOTC 1,450,000 PAR VALUE AT 99.97069448 % .00 .00 1,449,575.07 .00 .00 1,450,000.0000 .999707 -1,449,575.07 .00P 07/31/2024 210 CASH DISBURSEMENT PAID TO ORANGE COUNTY SANITATION DISTRICT OUTGOING DOMESTIC WIRE LONG TERM PORTFOLIO WITHDRAWAL .00 .00 .00 .00 .00 .0000 .000000 -14,000,000.00 .00P Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 14 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LONG-TERM PORTFOLIO6745046601 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date 07/31/2024 07/31/2024 07/31/2024 03785DGX8 20 MATURED PAR VALUE OF APPLE INC C P 7/31/24 1,200,000 PAR VALUE AT 100 % .00 .00 -1,194,710.00 .00 .00-1,200,000.0000 1.000000 1,194,710.00 .00P 07/31/2024 03785DGX8 310 INTEREST EARNED ON APPLE INC C P 7/31/24 $1 PV ON 1200000.0000 SHARES DUE 7/31/2024 1,200,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 5,290.00 .00I 07/31/2024 07/31/2024 07/31/2024 3130ANFC9 10 PURCHASED PAR VALUE OF F H L B DEB 0.470% 8/09/24 /NMRIUS33 NOMURA SECS INTL NY/1,000,000 PAR VALUE AT 99.876 % .00 .00 998,760.00 .00 .00 1,000,000.0000 .998760 -998,760.00 .00P 07/31/2024 07/31/2024 3130ANFC9 300 PAID ACCRUED INTEREST ON PURCHASE OF F H L B DEB 0.470% 8/09/24 .00 .00 .00 .00 .00 .0000 .000000 -2,245.56 .00I 07/31/2024 07/31/2024 07/31/2024 31846V567 10 PURCHASED UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 15,109,625.00 .00 .00 15,109,625.0000 1.000000 -15,109,625.00 FGZXX .00P 07/31/2024 07/31/2024 07/31/2024 31846V567 20 SOLD UNITS OF FIRST AM GOVT OB FD CL Z .00 .00 -15,125,483.48 .00 .00-15,125,483.4800 1.000000 15,125,483.48 FGZXX .00P 07/31/2024 07/31/2024 07/31/2024 6698M4GX4 20 MATURED PAR VALUE OF NOVARTIS FIN CORP C P 7/31/24 3,000,000 PAR VALUE AT 100 % .00 .00 -2,993,805.00 .00 .00-3,000,000.0000 1.000000 2,993,805.00 .00P 07/31/2024 6698M4GX4 310 INTEREST EARNED ON NOVARTIS FIN CORP C P 7/31/24 $1 PV ON 3000000.0000 SHARES DUE 7/31/2024 3,000,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 6,195.00 .00I 07/31/2024 07/31/2024 07/31/2024 880592A34 20 MATURED PAR VALUE OF T V A DISC NTS 7/31/24 1,450,000 PAR VALUE AT 100 % .00 .00 -1,449,575.07 .00 .00-1,450,000.0000 1.000000 1,449,575.07 .00P 07/31/2024 880592A34 310 INTEREST EARNED ON T V A DISC NTS 7/31/24 $1 PV ON 1450000.0000 SHARES DUE 7/31/2024 1,450,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 424.93 .00I 07/31/2024 89114TZN5 310 INTEREST EARNED ON TORONTO DOMINION MTN 1.950% 1/12/27 $1 PV ON 2000000.0000 SHARES DUE 7/12/2024 RATE CHANGE .00 .00 .00 .00 .00 .0000 .000000 -19,600.00 .00I 07/31/2024 89114TZN5 310 INTEREST EARNED ON TORONTO DOMINION MTN 1.950% 1/12/27 $1 PV ON 2000000.0000 SHARES DUE 7/12/2024 .00 .00 .00 .00 .00 .0000 .000000 19,500.00 .00I 07/31/2024 07/31/2024 07/31/2024 91058TGX8 20 MATURED PAR VALUE OF UNITEDHEALTH GROUP C P 7/31/24 7,125,000 PAR VALUE AT 100 % .00 .00 -7,108,090.00 .00 .00-7,125,000.0000 1.000000 7,108,090.00 .00P 07/31/2024 91058TGX8 310 INTEREST EARNED ON UNITEDHEALTH GROUP C P 7/31/24 $1 PV ON 7125000.0000 SHARES DUE 7/31/2024 7,125,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 16,910.00 .00I 07/31/2024 07/31/2024 07/31/2024 912797LA3 10 PURCHASED PAR VALUE OF U S TREASURY BILL 9/03/24 /BMO-CHICAGO BRANCH/BTEC 125,000 PAR VALUE AT 99.502336 % .00 .00 124,377.92 .00 .00 125,000.0000 .995023 -124,377.92 .00P 07/31/2024 912828Z78 310 INTEREST EARNED ON U S TREASURY NT 1.500% 1/31/27 $1 PV ON 18500000.0000 SHARES DUE 7/31/2024 .00 .00 .00 .00 .00 .0000 .000000 138,750.00 .00I Post Date Trade Date Settle Date SEDOL Type Explanation Comm Fee Fee Cost Gain/Loss Gain/LossUnitsPriceAmount Long TermShort TermMiscSECTranTicker CUSIP Page: Print Date: 15 of 15 08/01/2024 at 6:33:22 pm Data From: Thru: 07/01/2024 07/31/2024 Net CashPort P/I OCSD LONG-TERM PORTFOLIO6745046601 U.S. Bank Pivot Transaction History Without Totals By Account Id, Post Date 07/31/2024 91282CBH3 310 INTEREST EARNED ON U S TREASURY NT 0.375% 1/31/26 $1 PV ON 18000000.0000 SHARES DUE 7/31/2024 .00 .00 .00 .00 .00 .0000 .000000 33,750.00 .00I 07/31/2024 91282CDW8 310 INTEREST EARNED ON U S TREASURY NT 1.750% 1/31/29 $1 PV ON 8350000.0000 SHARES DUE 7/31/2024 .00 .00 .00 .00 .00 .0000 .000000 73,062.50 .00I 07/31/2024 91282CHQ7 310 INTEREST EARNED ON U S TREASURY NT 4.125% 7/31/28 $1 PV ON 22500000.0000 SHARES DUE 7/31/2024 .00 .00 .00 .00 .00 .0000 .000000 464,062.50 UST0028A .00I 07/31/2024 07/31/2024 07/31/2024 93114EGX9 20 MATURED PAR VALUE OF WALMART INC DISC COML C P 7/31/24 1,625,000 PAR VALUE AT 100 % .00 .00 -1,619,976.04 .00 .00-1,625,000.0000 1.000000 1,619,976.04 .00P 07/31/2024 93114EGX9 310 INTEREST EARNED ON WALMART INC DISC COML C P 7/31/24 $1 PV ON 1625000.0000 SHARES DUE 7/31/2024 1,625,000 PAR VALUE AT 100 % .00 .00 .00 .00 .00 .0000 .000000 5,023.96 .00I Account Ending Cash Principal Cash: -83,750,352.14 Income Cash: 83,750,352.14 Total Cash: 0.00 * * * * * E n d O f R e p o r t * * * * * STEERING COMMITTEE Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3779 Agenda Date:8/28/2024 Agenda Item No:10. FROM:Robert Thompson, General Manager Originator: Jennifer Cabral, Director of Communications SUBJECT: LEGISLATIVE AFFAIRS UPDATE FOR THE MONTH OF JULY 2024 GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: Receive and file the Legislative Affairs Update for the month of July 2024. BACKGROUND The Orange County Sanitation District’s (OC San)legislative affairs program includes advocating for OC San’s legislative interests;sponsoring legislation (where appropriate);and seeking local,state, and federal funding for projects and programs. RELEVANT STANDARDS ·Maintain influential legislative advocacy and a public outreach program ·Build brand, trust, and support with policy makers and community leaders ·Maintain collaborative and cooperative relationships with regulators,stakeholders,and neighboring communities PROBLEM Without a strong advocacy program,elected officials may not be aware of OC San’s mission, programs, and projects and how they could be impacted by proposed legislation. PROPOSED SOLUTION Continue to work with local,state,and federal officials to advocate for OC San’s legislative interests. Help to create and monitor legislation and grants that would benefit OC San,the wastewater industry, and the community.To assist in relationship building efforts,OC San will continue to reach out to elected officials through facility tours,one-on-one meetings,and trips to Washington D.C.and Sacramento. Orange County Sanitation District Printed on 8/20/2024Page 1 of 2 powered by Legistar™ File #:2024-3779 Agenda Date:8/28/2024 Agenda Item No:10. RAMIFICATIONS OF NOT TAKING ACTION If OC San does not work with local,state,and federal elected officials,legislation could be passed that negatively affects OC San and the wastewater industry.Additionally,a lack of engagement may result in missed funding opportunities. ADDITIONAL INFORMATION Activities in July: ·Save The Date:The State of OC San is scheduled for Friday,October 25 from 11 a.m.to 1 p.m.at the Mile Square Golf Course Clubhouse in Fountain Valley.The in-person event will host local,state,and federal dignitaries and provide updates on OC San’s accomplishments and future direction. Activities in August: ·OC San staff and legislative consultants are currently reviewing the 2024 Legislative and Regulatory Plan to prepare for the 2025 Plan.This development incorporates feedback from resident experts,industry contacts,and the Board of Directors gathered over the past several months. The draft Plan will be presented to the Administration Committee in October. ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Federal Legislative Update ·Federal Matrix ·State Legislative Update ·State Matrix Orange County Sanitation District Printed on 8/20/2024Page 2 of 2 powered by Legistar™ 1 | P a g e TO: Rebecca Long FROM: Eric Sapirstein DATE: August 6, 2024 SUBJECT: Washington Update Congress recessed for summer at the end of July, leaving a host of legislative issues to be considered when it returns in September. Before leaving, the House and Senate moved most fiscal year 2025 spending bills through their respective spending committees. The House passed a handful of spending bills, while the Senate failed to debate any of the pending bills. Outside of spending measures, action on the Water Resources Development Act occurred. Per- and polyfluoroalkyl substances (PFAS) liability legislation remained a pending matter before the House and Senate committees with jurisdiction over hazardous waste site clean-ups. The following summarizes the status of federal policy matters of interest to OC San. • Water Resources Development Act of 2024 House and Senate efforts to reauthorize the Water Resources Development Act of 2024 (WRDA), H.R. 8812 and S. 4367, to renew the U.S. Army Corps of Engineer’s (USACE) programs/projects took an important step when, on July 22 and July 25 the House and Senate respectively passed their version. H.R. 8812, which passed 318-19 and S. 4367, which passed unanimously. This means that WRDA is now poised for final passage later this fall once a House-Senate Conference Committee drafts a compromise bill. Both bills are limited in scope with a focus on authorizing USACE approved Chief’s Reports, a series of Environmental Infrastructure projects, which include ecosystem restoration projects. Also, both bills would elevate water supply as a core USACE mission alongside navigation and flood protection. The House would make such elevation permanent. Conversely, the Senate would make water supply a priority only during times of drought. 2 | P a g e Importance to OC San WRDA would not directly impact OC San. However, the provisions that focus on drought resilience, if enacted, would help to make Orange County’s water supply more robust with the ability to enhance water conservation at Prado Dam. A second indirect benefit for OC San are provisions to enhance forecasts of atmospheric rivers through the Forecast Informed Reservoir Operation (FIRO) program that relies upon advance meteorological capabilities. FIRO would improve water conservation and also provide a tool to better understand stormwater impacts that can result in surge events. • PFAS Rulemakings and Liability Protection Federal PFAS policymaking continues to command congressional and stakeholder attention. Within the policymaking arena, Congress is using the annual appropriations process to address concerns from the water sector. The House Committee on Appropriations approved the U.S. Environmental Protection Agency (USEPA) Fiscal Year 2025 spending bill (H.R. 8998) and included PFAS related policy riders. First, the committee reaffirmed its Fiscal Year 2025 spending bill directives to the Government Accountability Office (GAO). The GAO was mandated to conduct a study into the economics underlying USEPA’s decision to establish a drinking water standard (MCL) of four part per trillion. In the House Fiscal Year 2025 spending bill, the committee expanded the mandate, requiring GAO the USEPA to identify the number of drinking water agencies impacted by the rule and the costs of compliance. The House spending bill also requires that, within 90 days of enactment, the USEPA will provide a report to Congress on its progress for implementation of the PFAS Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) municipal discretionary enforcement policy. The USEPA asserts this policy will avoid enforcing against wastewater and drinking water agencies when CERCLA liability might be triggered at a clean-up site. Aside from these liability and compliance issues, the spending bill provides USEPA with directives to maintain research into PFAS environmental and health impacts. and to support water agencies with technical assistance to comply with the MCL. Notably, the spending bill does not contain policy riders that would adversely impact land application of biosolids or new mandates on landfills that accept treatment residuals. The Department of Agriculture spending bill does include language directing the Department to continue to research impacts from PFAS on soils and to use existing resources to assist dairy farmers that are unable to sell milk due to PFAS impacts in the delivery of milk supplies. The legislative effort to develop a water sector PFAS CERCLA liability exemption continues in the Senate Committee on Environment and Public Works. As reported previously, committee leadership is committed to develop a consensus approach before consideration of PFAS legislation. Consensus exists within the committee to support increased funding for health research and technology development to treat or destroy PFAS. 3 | P a g e The challenge continues to be defining a passive receiver to qualify for a CERCLA liability exemption and how to create “guardrails” to protect against abuses that could occur under any liability exemption that might be drafted. According to committee staff, action on a bill is unlikely before the Lame Duck Session. In the House, H.R. 7944, a bill that would provide for an explicit water sector exemption from liability remains as a marker to rely upon should the Senate pass a bill and send it to the House. H.R. 7944 is important because, if enacted, it would provide protections to wastewater agencies and their contractors that provide biosolids management services. From a legal perspective, the American Water Works Association and Association of Metropolitan Water Agencies have filed a challenge to USEPA’s MCL standard. The litigation questions the agency’s calculations of the costs of the mandate to justify its publication. The Chamber of Commerce filed a legal challenge to the PFAS hazardous substance designation that has created the potential CERCLA liability for the water sector. Both challenges could result in a judicial decision and force USEPA to revise the rulemakings or toss the rules completely. Impact to OC San The decision to include directives to USEPA to provide Congress with data on the impact of the two rulemakings could provide important information that might influence the ongoing legal challenges filed against the MCL and the designation of PFAS as a hazardous substance. The bipartisan effort to address PFAS hazardous substance liability, while unlikely to be acted upon before late fall, continues to gain support from House and Senate members. They believe the matter should be addressed. OC San’s priority to ensure that the wastewater sector receives CERCLA liability protections remains an active issue for Congress. • Fiscal Year 2025 Appropriations The House leadership pledged to move all twelve Fiscal Year 2025 spending bills to the Senate before the August recess. It reached an important milestone when the Committee on Appropriations approved the twelve spending measures. Most of the bills were approved on party line votes, including USEPA’s spending bill (H.R. 8998) that passed the House and is pending in the Senate. A final spending agreement before the November election is unlikely since the Senate will not pass its bills, including its version of H.R. 8998, S. 4802. A stopgap spending bill extending into December and perhaps into 2025 should be passed in September to avoid a government shutdown on October 1. The House-passed USEPA spending bill is notable for the significant budget cuts totaling $2 billion compared with current year spending level. Specifically, the House reduced the State Revolving Loan Fund (SRF) by almost $1 billion. While this is a significant reduction, it is important to note that the next phase of the infrastructure law’s supplemental SRF funding of $9 billion will help to offset the cuts. The House bill also includes the PFAS directives noted previously in this update. 4 | P a g e The bill also claws back millions in the USEPA green infrastructure fund, eliminates funding for environmental justice programs, and denies funding of Diversity, equity, and inclusion, environmental programs. H.R. 8998 also includes clarifying language that Community Project assistance would not be subject to federal procurement rules related to sole source project selection. Unlike the House bill, the Senate bill, S. 4802, does not impose spending reductions. Instead, most programs remain funded at current levels. The SRF, for example, would be funded at almost $3 billion. The Senate legislation highlights that $9 billion was advanced as part of the infrastructure law. The Senate bill highlights support for USEPA’s effort to develop effluent limit guidelines and biosolids regulations, emphasizing the importance of allocating resources to employ adequate staff for these efforts. Importance of Spending Bills to OC San The pending financial priorities for Fiscal Year 2025 are important to OC San for three reasons. First, the federal infrastructure partnership with wastewater agencies will remain robust. Second, the continuing education on the challenge of PFAS treatment and destruction has apparently put a pause on using the appropriations process to dictate treatment and clean-up mandates. Instead, it appears, based upon the House and Senate bills, that a focus on collecting data to justify future mandates and standards has gained support. This suggests that Congress is prepared to wait for the USEPA to develop standards that it can review. The House bill mandates to report on PFAS drinking water mandates’ costs and the implementation of USEPA’s statements that it would not seek to impose liability on wastewater agencies. This indicates a potential for increased oversight on the impacts, costs and benefits of USEPA’s rules and policies upon the water sector. The spending bills’ focus, if enacted, would likely assist in the effort to secure a passive receivers PFAS liability exemption. Third, the directive waiving sole source prohibitions on congressionally directed spending, if enacted, would clarify that projects, like OC San’s, would not be subject to competitive solicitations. 1 of 8 Federal Legislative Report - July 2024 Steering Committee Bills 17 Bills US HR 8467 Title: Farm, Food, and National Security Act of 2024 Current Status: Introduced Introduction Date: May 21, 2024 Last Action Date: Referred to the House Committee on Agriculture.. May 21, 2024 Summary: H.R 8467 would establish grant funding to support research into the agriculture impacts of PFAS and microplastics, with the purpose to better understand the role and influence land-applied biosolids and wastewater treatment processes play. Eligible activities include analyzing crop uptake of PFAS and techniques, such as wastewater treatment and composting, to filter out or biodegrade such substances from biosolids intended to be used for agriculture purposes. H.R. 8467 does not establish mandates for these activities. Location: United States US HR 8032 High Priority Monitor Title: Low-Income Household Water Assistance Program Establishment Act Current Status: Introduced Introduction Date: April 16, 2024 Last Action Date: Referred to the Subcommittee on Environment, Manufacturing, and Critical Materials.. April 19, 2024 Summary: H.R. 8032 is the companion bill to S. 3830 that would create a permanent low income ratepayer assistance for water and wastewater services. Location: United States US HR 7944 Monitor Title: Water Systems PFAS Liability Protection Act Current Status: Introduced Introduction Date: April 11, 2024 2 of 8 Last Action Date: Referred to the Subcommittee on Environment, Manufacturing, and Critical Materials.. April 12, 2024 Summary: H.R. 7944 is a companion bill to S. 1430 sponsored by Senator Cynthia Lummis (R-WY). H.R. 7944 would protect water and wastewater agencies and related contractors from liability under CERCLA unless the threat stemmed from gross negligence. Location: United States US HR 2964 High Priority Monitor Title: WIPPES Act Current Status: Introduced Introduction Date: April 27, 2023 Last Action Date: Placed on the Union Calendar, Calendar No. 371.. April 05, 2024 Summary: Directs the Federal Trade Commission, in consultation with the Environmental Protection Agency, Commissioner of Food and Drugs, and the Consumer Product Safety Commission (as appropriate depending on the type of covered product involved) to issue “Do Not Flush” labeling requirements for nonflushable wipes, including baby wipes, household wipes, disinfecting wipes and personal care wipes. The requirements mirror California's labeling law and has the support from the wipes industry, national clean water sector, civil engineers, and environment advocates. Companion Senate bill: S. 1350. Location: United States US HR 7023 Title: Creating Confidence in Clean Water Permitting Act Current Status: Considering Introduction Date: January 17, 2024 Last Action Date: Received in the Senate and Read twice and referred to the Committee on Environment and Public Works.. March 22, 2024 Summary: H.R. 7023 was amended on the House floor to provide for ten year NPDES permit terms for public agencies. The amendment offered by Rep. John Garamendi (D-CA) was adopted without debate unanimously. Description: Creating Confidence in Clean Water Permitting Act This bill modifies requirements under the Clean Water Act, including requirements concerning water quality criteria, the National Pollutant Discharge Elimination System (NPDES) program, the permit program for discharging dredged or fill material into waters of the United States, and the meaning of waters of the United States. It also limits the issuance of permits under the act. First, the bill directs the Environmental Protection Agency (EPA) to develop any new or revised water quality criteria for states through a rule. Next, the bill modifies the NPDES program, including by providing statutory authority for provisions that shield NPDES permit holders from liability under certain circumstances. It also provides statutory authority for 3 of 8 the EPA to issue general permits under the program. The EPA must also provide written notification two years before the expiration of a general permit. If notice is not provided by that deadline, then di.... Location: United States US S 3830 Title: Low-Income Household Water Assistance Program Establishment Act Current Status: Introduced Introduction Date: February 28, 2024 Last Action Date: Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S1045-1046). February 28, 2024 Location: United States US HR 7194 High Priority Monitor Title: PFAS Accountability Act of 2024 Current Status: Introduced Introduction Date: February 01, 2024 Last Action Date: Referred to the Subcommittee on Environment, Manufacturing, and Critical Materials.. February 02, 2024 Summary: H.R. 7194 would create a cause of action under the Toxics Substances Control Act to allow a citizen or class of citizens to litigate against a manufacturer of PFAS that improperly discharged PFAS into the environment and created a public health impact. Companion legislation in the Senate: S. 3725. Sponsor: Rep. Madeline Dean (D-NH) Location: United States US HR 6805 High Priority Monitor Title: PFAS Action Act of 2023 Current Status: Introduced Introduction Date: December 14, 2023 Last Action Date: Referred to the Subcommittee on Water Resources and Environment.. January 02, 2024 Summary: PFAS Action Act of 2023 is a reintroduction of the 2021 legislation. It would impose a statutory designation of PFAS as a hazardous substance under CERCLA. It would also impose other mandates including time specific drinking water standards for PFOA and PFOS and other members of the PFAS chemical family. It currently enjoys 21 sponsors, all Democratic. Sponsor: Rep. Debbie Dingell D-MI 4 of 8 Location: United States US S 2162 High Priority Monitor Title: STREAM Act Current Status: Introduced Introduction Date: June 22, 2023 Last Action Date: Committee on Energy and Natural Resources Subcommittee on Water and Power. Hearings held.. July 19, 2023 Summary: S. 2162 renews expiring provisions of the WIIN Act. It would increase funding authorizations for surface and groundwater storage projects, water recycling, desalination, and ecosystem restoration projects. Among the changes that would be authorized would be priorities for water supply projects that include enhanced public benefits (fisheries, wildlife and disadvantage communities drinking water reliability). It would also provide for enhanced water transfers to support temporary fallowing of agriculture lands to support wildlife habitats. (BILL PROVISIONS LIKELY TO INCORPORATED INTO LARGER WESTERN WATER LEGISLATION) No Sponsor at the writing Location: United States US S 1430 High Priority Title: Water Systems PFAS Liability Protection Act Current Status: Introduced Introduction Date: May 03, 2023 Last Action Date: Read twice and referred to the Committee on Environment and Public Works.. May 03, 2023 Summary: S. 1430 would provide a limited CERCLA liability (section 107) exemption for PFAS family of chemicals for water and wastewater agencies. S. 1430 would not exempt an agency from liability in cases of gross negligence. Description: Water Systems PFAS Liability Protection Act This bill exempts specified water management entities from liability under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) for releases of certain perfluoroalkyl or polyfluoroalkyl substances, commonly referred to as PFAS. Specifically, the entities covered under the bill are public water systems, publicly or privately owned or operated treatment works, municipalities with a stormwater discharge permit, political subdivisions or special districts of a state that act as a wholesale water agency, and contractors performing the management or disposal activities for such entities. Under the bill, the exemption only applies if a specified entity transports, treats, disposes of, or arranges for the transport, treatment or disposal of PFAS consistent with applicable laws and during and following the conveyance or treatment of water under federal or state law, such as through the management or disposal of bi.... 5 of 8 Location: United States US S 1350 High Priority Monitor Title: WIPPES Act Current Status: Introduced Introduction Date: April 27, 2023 Last Action Date: Read twice and referred to the Committee on Commerce, Science, and Transportation.. April 27, 2023 Summary: Directs the Federal Trade Commission, in consultation with the Environmental Protection Agency, Commissioner of Food and Drugs, and the Consumer Product Safety Commission (as appropriate depending on the type of covered product involved) to issue “Do Not Flush” labeling requirements for nonflushable wipes, including baby wipes, household wipes, disinfecting wipes and personal care wipes. The requirements mirror California's labeling law and has the support from the wipes industry, national clean water sector, civil engineers, and environment advocates. Companion House bill: H.R. 2964. Location: United States US HR 1729 Low Priority Monitor Title: Water Affordability, Transparency, Equity, and Reliability Act of 2023 Current Status: Introduced Introduction Date: March 22, 2023 Last Action Date: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.. April 25, 2023 Summary: Sponsor: Rep. Bonnie Coleman D-NJ Co-Sponsor: Rep. Katie Porter D-CA Description: Water Affordability, Transparency, Equity, and Reliability Act of 2023 This bill increases funding for water infrastructure, including funding for several programs related to controlling water pollution or protecting drinking water. Specifically, it establishes a Water Affordability, Transparency, Equity, and Reliability Trust Fund. The fund may be used for specified grant programs. The bill increases the corporate income tax rate to 24.5% to provide revenues for the fund. In addition, the bill revises requirements concerning the clean water state revolving fund (SRF) and the drinking water SRF, including by prohibiting states from providing financial assistance using amounts from the clean water SRF for projects that will provide substantial direct benefits to new communities other than projects for constructing an advanced decentralized wastewater system. It also creates or reauthorizes several grant programs related to water infrastructure, such as grants for removing lead from dr.... Location: United States 6 of 8 US HR 2162 Title: To provide for a limitation on availability of funds for U.S. Department of Interior, US Fish and Wildlife Service, Neurotropic Migratory Bird Conservation for fiscal year 2024. Current Status: Introduced Introduction Date: March 29, 2023 Last Action Date: Referred to the House Committee on Natural Resources.. March 29, 2023 Description: This bill limits FY2024 funding for the U.S. Fish and Wildlife Service's Neotropical Migratory Bird Conservation grant program. Location: United States US HR 1837 Title: Investing in Our Communities Act Current Status: Introduced Introduction Date: March 28, 2023 Last Action Date: Referred to the House Committee on Ways and Means.. March 28, 2023 Summary: Legislation restores tax-exempt advance refunding for municipal bonds to allow states and local governments to more efficiently invest in projects. Description: Investing in Our Communities Act This bill reinstates the exclusion from gross income for interest on certain bonds issued to advance the refunding of a prior bond issue. The exclusion was repealed for bonds issued after 2017. Location: United States US S 938 Low Priority Monitor Title: Water Affordability, Transparency, Equity, and Reliability Act of 2023 Current Status: Introduced Introduction Date: March 22, 2023 Last Action Date: Read twice and referred to the Committee on Finance.. March 22, 2023 Summary: S. 938 would establish a $35 billion trust fund to support the construction of water and wastewater treatment systems. Funding would be derived from an increase in the corporate tax rate. The bill also imposes requirements for Department of Justice and USEPA to carryout activities to determine whether water and wastewater operators discriminate in the provision of services. USEPA must also investigate the impact of rates on service cut- offs. Additional provisions would address use of assistance to promote regionalization of systems and limitations on the use of federal assistance to support projects that address growth. The bill enjoys 500 NGO organizational support. It has five cosponsors. Sponsor: Sen. Bernie Sanders I-VT Description: Water Affordability, Transparency, Equity, and Reliability Act of 2023 This bill increases funding for water infrastructure to control water pollution or protect drinking 7 of 8 water. Specifically, it establishes a Water Affordability, Transparency, Equity, and Reliability Trust Fund. The fund may be used for specified grant programs. The bill increases the corporate income tax rate to 24.5% to provide revenues for the fund. In addition, the bill revises requirements concerning the clean water state revolving fund (SRF) and the drinking water SRF, including by prohibiting states from providing financial assistance using amounts from the clean water SRF for projects that will provide substantial direct benefits to new communities other than projects for constructing an advanced decentralized wastewater system. It also creates or reauthorizes several grant programs related to water infrastructure, such as grants for removing lead from drinking water. Location: United States US HR 250 Medium Priority Monitor Title: Clean Water SRF Parity Act Current Status: Introduced Introduction Date: January 10, 2023 Last Action Date: Referred to the Subcommittee on Water Resources and Environment.. February 01, 2023 Summary: Amends eligibility provisions for the Federal Water Pollution Control Act’s Clean Water State Revolving Fund so that all wastewater customers have the ability to benefit from the program’s low-interest loans. Supported by NAWCA Also introduce in 117th Congress - No Action Description: Clean Water SRF Parity Act This bill expands the state revolving fund established under the Clean Water Act, including by allowing low-interest loans to be given to privately owned treatment works to address wastewater. Currently, loans are given to wastewater systems that are publicly owned. Location: United States US S 115 Monitor Title: Clean Water Allotment Modernization Act of 2023 Current Status: Introduced Introduction Date: January 26, 2023 Last Action Date: Read twice and referred to the Committee on Environment and Public Works.. January 26, 2023 Summary: Provides for a set aside from Clean Water SRF appropriations to conduct Buy America oversight compliance, establishes that each state's allotment must be at the same level as FY 23 during FY 24-28 and additional allotments based on percent of state population to the nation. FY 29 and beyond allotments to be determined by new formula based upon Clean Water Needs Survey. 8 of 8 Description: Clean Water Allotment Modernization Act of 2023 This bill revises the formula the Environmental Protection Agency (EPA) uses to determine how to distribute funds from the Clean Water State Revolving Fund (SRF) program. Under the program, the EPA allocates funding to states for water quality infrastructure projects, such as wastewater systems and stormwater management projects. In FY2024-FY2028, the EPA must provide an initial allotment to each state that is equal to the amount the state received in FY2023. The EPA must also provide an additional allotment to each state that is based on its share of the U.S. population. In FY2029 and each subsequent fiscal year, the EPA must use an updated allotment formula, which is based on the needs of states as identified in the most recently available clean watersheds needs survey. Beginning in FY2024, the formula must also provide allotments for Indian tribes and territories. In addition, the formula must provide an allotment for EPA's oversight .... Location: United States Page 1 M E M O R A N D U M To: Orange County Sanitation District From: Townsend Public Affairs Date: August 7, 2024 Subject: State Legislative Monthly Report STATE LEGISLATIVE UPDATES July 3 marked the beginning of the Legislature’s month-long Summer Recess, with legislators returning on August 5. Despite the lack of legislative activity during the month of July, it was a critical time for behind-the-scenes negotiations on bills and funding activities as the Legislature gears up to tackle the final month of the 2023-2024 Legislative Session. Upon their return on August 5, lawmakers had over a thousand measures to consider and pass prior to their adjournment on August 31. Following this legislative session’s adjournment, the Governor will have until September 30 to sign or veto bills. In addition to the behind the scenes work this month, July also marked a critical milestone for the finalization of statewide ballot initiatives California voters will consider at the November 5, 2024 General Election. Prior to its departure for summer recess, the Legislature finalized two final bond proposals to fund projects related to climate resiliency and school facility improvements. The two bond measures will appear among eight other ballot initiatives, ranging from local rent control to serial theft prevention, and tax reforms. Below is an overview of pertinent state actions from the month of July. Looking Forward to the Legislature’s Return in August Upon the legislators return from their Summer Recess on August 5, fiscal committee hearings and House Floor sessions resumed at an accelerated pace. The upcoming legislative deadline on August 16 marks the point by which measures must pass out of their respective fiscal committees (in the opposite house) to proceed to the opposite House Floor for a final vote. Assembly and Senate Appropriations Committees will be considering legislation that originated in the opposite house and has an unabsorbable fiscal impact to the state. Typically, any bill with a fiscal impact exceeding $150,000 is placed on the fiscal committee’s Suspense File. Measures placed on the suspense file will face consideration during the Appropriation Committees’ “suspense hearing” on August 15. These hearings feature the rapid reading of measures and their status. Measures that are passed out of the Suspense File are moved to each House Floor for a final vote. Page 2 From August 19 through August 31, each House Floor will conduct floor sessions only, during which measures must pass off the Floor, in order to advance to the Governor's desk for a signature or veto. Measures must pass out of each House Floor by the August 31 deadline, which will begin the Legislature’s Final Recess upon adjournment. OC San State Bills of Interest BILL AUTHOR SUMMARY LATEST ACTION OC SAN POSITION LEGISLATIVE PLAN OTHER POSITIONS AB 347 Ting [D]Current law prohibits juvenile products, textile articles, and food packaging that contain specified levels of perfluoroalkyl and polyfluoroalkyl substances (PFAS) from being distributed, sold, or offered for sale in the state, as provided. This bill would require the Department of Toxic Substances Control, on or before January 1, 2026, to adopt regulations for the enforcement of those prohibitions on the use of PFAS. The bill would require manufacturers of these products, on or before July 1, 2026, to register with the department, to pay a registration fee to the department, and to provide a statement of compliance certifying compliance with the applicable prohibitions on the use of PFAS to the department, as specified. The bill would authorize the department to test products and to rely on third- party testing to determine compliance with prohibitions on the use of PFAS, as specified. The bill would authorize or require, as specified, the department to issue a notice of violation for a product in violation of the prohibitions on the use of PFAS, as provided. Currently in the Senate Appropriations Committee Watch State Priorities: Monitor state legislation as well as State Water Resources Control Board (SWRCB) regulatory activity related to PFAS. ACC-OC - NYC LOCC - NYC CASA - NYC CSDA - NYC ACWA - NYC AB 805 Arambula [D]Authorizes the State Water Resources Control Board (State Water Board) to require a sewer service provider—for a sewer system that has the reasonable potential to cause a violation of water quality objectives; impair present or future beneficial uses of water; or cause pollution, nuisance, or contamination of waters of the state—to contract with an administrator designated or approved by the State Water Board. Currently on the Senate Appropriations Committee's Suspense File Watch Legislative and Regulatory Policies: Special Districts - Oppose further state regulations that adversely impact special district financing, operations, and administration. ACC-OC - NYC LOCC - Watch CASA - Work With Author CSDA - Oppose Unless Amended ACWA - Not Favor AB 1567 E. Garcia [D]Would enact the Safe Drinking Water, Wildfire Prevention, Drought Preparation, Flood Protection, Extreme Heat Mitigation, Clean Energy, and Workforce Development Bond Act of 2024, which, if approved by the voters, would authorize the issuance of bonds in the amount of $15,995,000,000 pursuant to the State General Obligation Bond Law to finance projects for safe drinking water, wildfire prevention, drought preparation, flood protection, extreme heat mitigation, clean energy, and workforce development programs. Referred to the Senate Natural Resources and Water Committee and the Senate Governance and Finance Committee. Not going to be the vehicle for the climate bond Watch Guiding Priorities: Obtain financial assistance for OC San projects through grants, loans, and legislative directed funding. ACC-OC - NYC LOCC - Support if Amended CASA - Support if Amended CSDA -Support if Amended ACWA - Support if Amended Proposed Legislation 2024 High Priority OC San State Bills of Interest BILL AUTHOR SUMMARY LATEST ACTION OC SAN POSITION LEGISLATIVE PLAN OTHER POSITIONS AB 1820 Schiavo [D]Current law requires a city or county to deem an applicant for a housing development project to have submitted a preliminary application upon providing specified information about the proposed project to the city or county from which approval for the project is being sought. Current law requires a housing development project be subject only to the ordinances, policies, and standards adopted and in effect when the preliminary application was submitted. This bill would authorize a development proponent that submits a preliminary application for a housing development project to request a preliminary fee and exaction estimate, as defined, and would require the local agency to provide the estimate within 30 business days of the submission of the preliminary application. For development fees imposed by an agency other than a city or county, the bill would require the development proponent to request the fee schedule from the agency that imposes the fee. Currently on the Senate Floor Watch Legislative and Regulatory Policies: Special Districts - Oppose further state regulations that adversely impact special district financing, operations, and administration. ACC-OC - NYC LOCC - Oppose Unless Amended CASA - Neutral as Amended CSDA - Oppose ACWA - Watch AB 2257 Wilson [D]The California Constitution specifies various requirements with respect to the levying of assessments and property-related fees and charges by a local agency, including notice, hearing, and protest procedures, depending on the character of the assessment, fee, or charge. Current law, known as the Proposition 218 Omnibus Implementation Act, prescribes specific procedures and parameters for local jurisdictions to comply with these requirements. This bill would prohibit, if a local agency complies with specified procedures, a person or entity from bringing a judicial action or proceeding alleging noncompliance with the constitutional provisions for any new, increased, or extended fee or assessment, as defined, unless that person or entity has timely submitted to the local agency a written objection to that fee or assessment that specifies the grounds for alleging noncompliance, as specified. This bill would provide that local agency responses to the timely submitted written objections shall go to the weight of the evidence supporting the agency’s compliance with the substantive limitations on fees and assessments imposed by the constitutional provisions. Currently on the Senate Floor Watch Legislative and Regulatory Policies: Special Districts - Oppose further state regulations that adversely impact special district financing, operations, and administration. ACC-OC - NYC LOCC - Neutral CASA - Support CSDA - Support ACWA - Sponsor OC San State Bills of Interest BILL AUTHOR SUMMARY LATEST ACTION OC SAN POSITION LEGISLATIVE PLAN OTHER POSITIONS AB 2515 Papan [D]This bill would similarly prohibit any person from manufacturing, distributing, selling, or offering for sale in the state any menstrual products that contain regulated PFAS, as defined. The bill would authorize the Department of Toxic Substances Control to adopt guidance or regulations, as specified, for the purposes of implementing and enforcing these provisions. The bill would require the department to issue guidance related to testing for regulated PFAS in menstrual products and would exempt that guidance from the Administrative Procedure Act. The bill would authorize the department to issue a cease and desist order to a manufacturer of a menstrual product under specified circumstances. The bill would make a violation of these provisions punishable by civil penalties, as specified, and would authorize the Attorney General by request of the department, a city attorney, a county counsel, or a city prosecutor to bring an action to enforce these provisions. The bill would create, and would require all moneys collected from penalties to be deposited in, the T.A.M.P.O.N. Act Fund. Currently in the Senate Appropriations Committee Support State Priorities: Monitor state legislation as well as State Water Resources Control Board (SWRCB) regulatory activity related to PFAS. ACC-OC - NYC LOCC - Watch CASA - Support CSDA - Watch ACWA - NYC AB 2533 Carrillo [D]This bill would prohibit a local agency from denying a permit for an unpermitted accessory dwelling unit or junior accessory dwelling unit that was constructed before January 1, 2020, for certain violations, unless the local agency makes a finding that correcting the violation is necessary to comply with conditions that would otherwise deem a building substandard. The bill would require a local agency to inform the public about the provisions prohibiting denial of a permit for an unpermitted accessory dwelling unit or junior accessory dwelling unit. The bill would require this information to include a checklist of the conditions that deem a building substandard and to inform homeowners that, before submitting a permit application, the homeowner may obtain a confidential third-party code inspection from a licensed contractor. The bill would prohibit a local agency from requiring a homeowner to pay impact fees or connection or capacity charges except under specified circumstances. Currently on the Senate Floor Watch Legislative and Regulatory Policies: Special Districts - Oppose further state regulations that adversely impact special district financing, operations, and administration. ACC-OC - NYC LOCC - Watch CASA - Watch CSDA - Oppose Unless Amended ACWA - NYC OC San State Bills of Interest BILL AUTHOR SUMMARY LATEST ACTION OC SAN POSITION LEGISLATIVE PLAN OTHER POSITIONS AB 2557 Ortega [D]Existing law relating to the government of counties authorizes a county board of supervisors to contract for certain types of special services on behalf of the county, any county officer or department, or any district or court in the county. Existing law requires those special services contracts to be with persons who are specially trained, experienced, expert, and competent to perform those services. This bill would require each person who enters into a specified contract for special services with the board of supervisors to submit semiannual performance reports, as prescribed, every 180 days, to the board of supervisors and the exclusive representative of the employee organization. The bill would require the board or its representative to monitor semiannual performance reports to evaluate the quality of services. The bill would require contract terms exceeding 2 years to undergo a performance audit, as prescribed, by an independent auditor approved by the board to determine whether the performance standards are being met. Currently in the Senate Appropriations Committee Watch Legislative and Regulatory Policies: Labor Relations/Human Resources: Oppose efforts reducing local control over public employee disputes and imposing regulations on an outside agency. ACC-OC - NYC LOCC - Oppose CASA - Oppose CSDA - Oppose ACWA - Not Favor AB 2626 Dixon [R]This bill would extend the compliance dates for local government set forth in the Advanced Clean Fleets Regulation by 10 years. The bill would prohibit the state board from taking enforcement action against a local government for violating the Advanced Clean Fleets Regulation if the alleged violation occurs before January 1, 2025. Dead Watch Legislative and Regulatory Policies: Special Districts - Oppose further state regulations that adversely impact special district financing, operations, and administration. ACC-OC - NYC LOCC - NYC CASA - NYC CSDA - Support ACWA - NYC AB 2761 Hart [D]This bill would enact the Reducing Toxics in Packaging Act, which would prohibit, beginning January 1, 2026, a person from manufacturing, selling, offering for sale, or distributing in the state plastic packaging that contains certain chemicals, as specified. The bill would exclude from that prohibition packaging used for certain medical, drug, and federally regulated products. The bill would authorize the imposition of a civil penalty for a violation of that prohibition, as specified. Dead Watch State Priorities: Support legislation or regulations that restrict the use of microplastics and chemicals of emerging concern in any product that is disposed of through the sewer system. ACC-OC - NYC LOCC - Watch CASA - Watch CSDA - Watch ACWA - NYC AB 2894 Gallagher [D]Spot Bill related to Indoor Residential Water Use Dead Watch Legislative and Regulatory Policies: Special Districts - Oppose further state regulations that adversely impact special district financing, operations, and administration. ACC-OC - NYC LOCC - NYC CASA - NYC CSDA - Watch ACWA - NYC OC San State Bills of Interest BILL AUTHOR SUMMARY LATEST ACTION OC SAN POSITION LEGISLATIVE PLAN OTHER POSITIONS AB 3073 Haney [D]Would require the State Department of Public Health, in consultation with participating wastewater treatment facilities, local public health agencies, and other subject matter experts, to create a pilot program to test for high- risk substances and related treatment medications in wastewater. Under the bill, the goal of the program would be to determine how wastewater data can be used by state and local public health programs to address substance abuse in California. The bill would require the department to develop a list of target substances to be analyzed during the program that may include cocaine, fentanyl, methamphetamine, xylazine, methadone, buprenorphine, and naloxone. The bill would require the department, on or before July 1, 2025, to solicit voluntary participation from local public health agencies and wastewater treatment facilities, as specified. The bill would require the department to work with the participating agencies and facilities to collect samples and to arrange for those samples to be tested by qualified laboratories. The bill would require the department, in consultation with public health agencies and subject matter experts, to analyze test results to determine possible public health interventions. Dead Watch Legislative and Regulatory Policies: Special Districts - Oppose further state regulations that adversely impact special district financing, operations, and administration. ACC-OC - NYC LOCC - NYC CASA - Support, if amended CSDA - Oppose Unless Amended ACWA - Watch ACA 2 Alanis [R]Would establish the Water and Wildfire Resiliency Fund within the State Treasury and would require the Treasurer to annually transfer an amount equal to 3 percent of all state revenues that may be appropriated as described from the General Fund to the Water and Wildfire Resiliency Fund. The measure would require the moneys in the fund to be appropriated by the Legislature and would require that 50 percent of the moneys in the fund be used for water projects, as specified, and that the other 50 percent of the moneys in the fund be used for forest maintenance and health projects, as specified. Referred to the Assembly Water, Parks, and Wildlifre Committee and the Assembly Natural Resources Committee Watch Guiding Priorities: Obtain financial assistance for OC San projects through grants, loans, and legislative directed funding. ACC-OC - NYC LOCC - NYC CASA - NYC CSDA - Watch ACWA - NYC SB 867 Allen [D]Would enact the Drought, Flood, and Water Resilience, Wildfire and Forest Resilience, Coastal Resilience, Extreme Heat Mitigation, Biodiversity and Nature-Based Climate Solutions, Climate Smart Agriculture, Park Creation and Outdoor Access, and Clean Energy Bond Act of 2024, which, if approved by the voters, would authorize the issuance of bonds in the amount of $15,500,000,000 pursuant to the State General Obligation Bond Law to finance projects for drought, flood, and water resilience, wildfire and forest resilience, coastal resilience, extreme heat mitigation, biodiversity and nature-based climate solutions, climate smart agriculture, park creation and outdoor access, and clean energy programs. Passed. On the November 2024 Ballot Watch Guiding Priorities: Obtain financial assistance for OC San projects through grants, loans, and legislative directed funding. ACC-OC - NYC LOCC - Support if Amended CASA - Support if Amended CSDA - Support if Amended ACWA - Support if Amended OC San State Bills of Interest BILL AUTHOR SUMMARY LATEST ACTION OC SAN POSITION LEGISLATIVE PLAN OTHER POSITIONS SB 903 Skinner [D]This bill would, beginning January 1, 2030, prohibit a person from distributing, selling, or offering for sale a product that contains intentionally added PFAS, as defined, unless the Department of Toxic Substances Control has made a determination that the use of PFAS in the product is a currently unavoidable use, the prohibition is preempted by federal law, or the product is used. The bill would specify the criteria and procedures for determining whether the use of PFAS in a product is a currently unavoidable use, for renewing that determination, and for revoking that determination. The bill would require the department to maintain on its internet website a list of each determination of currently unavoidable use, when each determination expires, and the products and uses that are exempt from the prohibition. The bill would impose a civil penalty for a violation of the prohibition, as specified. Dead Support State Priorities: Monitor state legislation as well as State Water Resources Control Board (SWRCB) regulatory activity related to PFAS. ACC-OC - NYC LOCC - Support CASA - Sponsor CSDA - Watch ACWA - Favor SB 937 Wiener [D]The Permit Streamlining Act, among other things, requires a public agency that is the lead agency for a development project to approve or disapprove that project within specified time periods. Current law extended by 18 months the period for the expiration, effectuation, or utilization of a housing entitlement, as defined, that was issued before, and was in effect on, March 4, 2020, and that would expire before December 31, 2021, except as specified. Current law provides that if the state or a local agency extended the otherwise applicable time for the expiration, effectuation, or utilization of a housing entitlement for not less than 18 months, as specified, that housing entitlement would not be extended an additional 18 months pursuant to these provisions. This bill would extend by 24 months the period for the expiration, effectuation, or utilization of a housing entitlement, entitlement for a priority residential development project, as those terms are defined, that was issued before January 1, 2024, and that will expire before December 31, 2025, except as specified. The bill would toll this 24-month extension during any time that the housing entitlement is the subject of a legal challenge. By adding to the duties of local officials with respect to housing entitlements, this bill would impose a state- mandated local program. The bill would include findings that changes proposed by this bill address a matter of statewide concern rather than a municipal affair and, therefore, apply to all cities, including charter cities. Currently in the Assembly Appropriations Committee Watch Legislative and Regulatory Policies: Special Districts - Oppose further state regulations that adversely impact special district financing, operations, and administration. ACC-OC - NYC LOCC - Oppose Unless Amended CASA - Oppose Unless Amended CSDA - Oppose Unless Amended ACWA - Watch OC San State Bills of Interest BILL AUTHOR SUMMARY LATEST ACTION OC SAN POSITION LEGISLATIVE PLAN OTHER POSITIONS SB 972 Min [D]Current law requires the Department of Resources Recycling and Recovery, in consultation with the State Air Resources Board, to adopt regulations, as provided, that achieve the targets for reducing organic waste in landfills. This bill would require the department to provide procedures for local jurisdictions to request technical assistance regarding organic waste and methane reduction requirements from the department, to post those procedures on its internet website, and to provide that technical assistance, as specified. The bill would require the department to report to the Legislature, on or before January 1, 2028, on, among other things relating to organic waste and methane reduction, the status of the technical assistance provided to local jurisdictions and, on or before January 1, 2031, on the state’s ability to meet the targets for reducing the disposal of organic waste in landfills and any recommendations to modify the program to achieve those goals. Currently in the Assembly Appropriations Committee Watch Legislative and Regulatory Policies: Special Districts - Oppose further state regulations that adversely impact special district financing, operations, and administration. ACC-OC - NYC LOCC - Sponsor CASA - Support CSDA - Watch ACWA - NYC SB 1034 Seyarto [R]This bill would revise the unusual circumstances under which the time limit may be extended to include the need to search for, collect, appropriately examine, and copy records during a state of emergency proclaimed by the Governor when the state of emergency has affected the agency’s ability to timely respond to requests due to decreased staffing or closure of the agency’s facilities. Signed into law Support Legislative and Regulatory Policies: Special Districts - Oppose further state regulations that adversely impact special district financing, operations, and administration. ACC-OC - NYC LOCC - Support CASA - Watch CSDA - Support ACWA - Favor SB 1072 Padilla [D]The California Constitution sets forth various requirements for the imposition of local taxes. The California Constitution excludes from classification as a tax assessments and property-related fees imposed in accordance with provisions of the California Constitution that establish requirements for those assessments and property-related fees. Under these requirements, an assessment is prohibited from being imposed on any parcel if it exceeds the reasonable cost of the proportional special benefit conferred on that parcel, and a fee or charge imposed on any parcel or person as an incident of property ownership is prohibited from exceeding the proportional cost of the service attributable to the parcel. Current law, known as the Proposition 218 Omnibus Implementation Act, prescribes specific procedures and parameters for local compliance with the requirements of the California Constitution for assessments and property-related fees. This bill would require a local agency, if a court determines that a fee or charge for a property-related service, as specified, violates the above-described provisions of the California Constitution relating to fees and charges, to credit the amount of the fee or charge attributable to the violation against the amount of the revenues required to provide the property-related service, unless a refund is explicitly provided for by statute. Currently on the Assembly Floor Support Legislative and Regulatory Policies: Special Districts - Oppose further state regulations that adversely impact special district financing, operations, and administration. ACC-OC - NYC LOCC - Watch CASA - Support CSDA - Support ACWA - Favor OC San State Bills of Interest BILL AUTHOR SUMMARY LATEST ACTION OC SAN POSITION LEGISLATIVE PLAN OTHER POSITIONS SB 1147 Portantino [D]The Sherman Food, Drug, and Cosmetic Law regulates, among other things, the manufacture, production, processing, and packing of any food, drug, device, or cosmetic, and is administered by the State Department of Public Health. The law prescribes various quality and labeling standards for bottled water and vended water, and limits the levels of certain contaminants that may be contained in those water products. Current law makes a violation of the law or regulation adopted pursuant to the law a crime. Current law requires, as a condition of licensure, a water-bottling plant, as defined, to annually prepare a water-bottling plant report, as specified, and to make the report available to each customer, upon request. This bill would require, upon adoption by the State Water Resources Control Board of a primary drinking water standard for microplastics, any water-bottling plant that produces bottled water that is sold in this state to provide the State Department of Public Health’s Food and Drug Branch an annual report on the levels of microplastics found in the source water used for bottling and in the final bottled water product that is offered for sale, as provided. The bill would require this report to be included with the annual water-bottling plant report and, upon request, be made available to each consumer. Currently in the Assembly Appropriations Committee Watch Legislative and Regulatory Policies: Source Control - Support legislation and/or regulations that restrict the use of microplastics and chemicals of emerging concern in any product that is disposed of through the sanitary sewer system. ACC-OC - NYC LOCC - NYC CASA - Oppose Unless Amended CSDA - Oppose Unless Amended ACWA - Watch SB 1210 Skinner [D]Current law vests the Public Utilities Commission with regulatory authority over public utilities, including electrical corporations, gas corporations, sewer system corporations, and water corporations, while local publicly owned utilities, including municipal utility districts, public utility districts, and irrigation districts, are under the direction of their governing boards. This bill would, for new housing construction, require the above-described utilities, on or before January 1, 2026, to publicly post on their internet websites (1) the schedule of estimated fees for typical service connections for each housing development type, including, but not limited to, accessory dwelling unit, mixed-use, multifamily, and single-family developments, except as specified, and (2) the estimated timeframes for completing typical service connections needed for each housing development type, as specified. The bill would exempt from its provisions a utility with fewer than 4,000 service connections that does not establish or maintain an internet website due to a hardship and would authorize the utility to establish that a hardship exists by annually adopting a resolution that includes detailed findings, as provided. Currently in the Assembly Appropriations Committee Oppose Legislative and Regulatory Policies: Special Districts - Oppose further state regulations that adversely impact special district financing, operations, and administration. ACC-OC - NYC LOCC - Watch CASA - Neutral, as Amended CSDA - Watch ACWA - Watch OC San State Bills of Interest BILL AUTHOR SUMMARY LATEST ACTION OC SAN POSITION LEGISLATIVE PLAN OTHER POSITIONS SB 1266 Limon [D]Current law, part of the hazardous waste control law, requires the Department of Toxic Substances Control to adopt regulations to establish a process by which chemicals or chemical ingredients in products may be identified and prioritized for consideration as being chemicals of concern and to adopt regulations to establish a process by which chemicals of concern may be evaluated. Current law prohibits the manufacture, sale, or distribution in commerce of any bottle or cup that contains bisphenol A, as specified, if the bottle or cup is designed or intended to be filled with any liquid, food, or beverage intended primarily for consumption by children 3 years of age or younger. The prohibition above does not apply to a product subject to a regulatory response by the department as of the date that the department posts a prescribed notice regarding the department’s adoption of the regulatory response. Existing law additionally requires manufacturers to use the least toxic alternative when replacing bisphenol A in containers and prohibits manufacturers from replacing bisphenol A with chemicals known to cause cancer or reproductive harm, as specified. This bill would, on and after January 1, 2026, instead apply the above prohibitions and requirements to any juvenile’s feeding product or juvenile’s sucking or teething product, as defined, that contains any form of bisphenol, as defined, at a detectable level above 0.1 parts per billion. The bill would authorize the department to establish standards for the juvenile’s products above that are more protective of public health, sensitive populations, or the environment than the standards established by the bill. Currently in the Assembly Appropriations Committee Watch State Priorities: Monitor state legislation as well as State Water Resources Control Board (SWRCB) regulatory activity related to PFAS. ACC-OC - NYC LOCC - Watch CASA - Watch CSDA - NYC ACWA - NYC SB 1393 Niello [R]This bill would require the state board to establish the Advanced Clean Fleets Regulation Appeals Advisory Committee by an unspecified date for purposes of reviewing appeals of denied requests for exemptions from the requirements of the Advanced Clean Fleets Regulation. The bill would require the committee to include representatives of specified state agencies, other state and local government representatives, and representatives of private fleet owners, the electric vehicle manufacturing industry, and electrical corporations, as provided. The bill would require the committee to meet monthly and would require recordings of its meetings to be made publicly available on the state board’s internet website. The bill would require the committee to consider, and make a recommendation on, an appeal of an exemption request denial no later than 60 days after the appeal is made. Dead Watch Legislative and Regulatory Policies: Special Districts - Oppose further state regulations that adversely impact special district financing, operations, and administration. ACC-OC - NYC LOCC - Support CASA - Watch CSDA - Support ACWA - Favor OC San State Bills of Interest BILL AUTHOR SUMMARY LATEST ACTION OC SAN POSITION LEGISLATIVE PLAN OTHER POSITIONS SB 1420 Caballero [D](1)The California Environmental Quality Act (CEQA) requires preparation of specified documentation before a public agency approves or carries out certain projects. Existing law authorizes the Governor to certify energy infrastructure projects meeting specified requirements for streamlining benefits related to CEQA. Existing law defines “energy infrastructure project” for these purposes to include eligible renewable energy resources under the California Renewables Portfolio Standard Program, excluding resources that use biomass fuels. Existing law expressly excludes from that definition of “energy infrastructure project” any project using hydrogen as a fuel.This bill would instead exclude from the definition of “energy infrastructure project” for purposes of the CEQA streamlining benefits eligible renewable energy resources under the California Renewables Portfolio Standard Program that combust, rather than use, biomass fuels. The bill would include hydrogen production facilities and associated onsite storage and processing facilities that meet specified conditions, including that the facilities have received funding from the state or federal government on or before January 1, 2032, and do not use fossil fuel as a feedstock or energy source, within the definition of “energy infrastructure project.” Because the bill would authorize the Governor to certify additional projects, thereby increasing the duties on lead agencies in conducting the environmental review of energy infrastructure projects certified by the Governor, this bill would impose a state-mandated local program. Currently in the Assembly Appropriations Committee. Watch Legislative and Regulatory Policies: Public Works: Support a comprehensive response to the state’s electricity and natural gas shortages that provide a stable energy supply, respects the ability of municipalities to provide power, recognizes that infrastructure exists that could be employed temporarily during periods with minimal air quality impact and protects ratepayers against dramatic rate increases and statewide power outages. ACC-OC - NYC LOCC - Oppose Unless Amended CASA - Support CSDA - NYC ACWA - NYC Legend: ACC-OC - Association of California Cities, Orange County LOCC - League of California Cities NYC - Not Yet Considered CASA - California Association of Sanitation Agencies ACWA - Association of California Water Agencies CSDA - California Special Districts Association STEERING COMMITTEE Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3780 Agenda Date:8/28/2024 Agenda Item No:11. FROM:Robert Thompson, General Manager Originator: Jennifer Cabral, Director of Communications SUBJECT: PUBLIC AFFAIRS UPDATE FOR THE MONTH OF JULY 2024 GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: Receive and file the Public Affairs Update for the month of July 2024. BACKGROUND Included in this report are recent activities of interest managed by the Public Affairs Office for the month of July 2024. RELEVANT STANDARDS ·Maintain influential legislative advocacy and a public outreach program ·Maintain collaborative and cooperative relationships with regulators,stakeholders,and neighboring communities ·Listen to and seriously consider community input on environmental concerns PROBLEM The Orange County Sanitation District (OC San)is a distinguished entity in the water/wastewater industry.Despite our industry recognition,there may be limited awareness among our customers regarding the pivotal role we play in protecting public health and the environment.The absence of direct communication through a billing method may contribute to this gap in knowledge. It is our responsibility to ensure that our ratepayers are aware of the vital services we provide.Many customers may not realize that improper waste disposal into the sanitation system can adversely impact our sewer lines,reclamation plants,and the quality of water supplied through GWRS.By enhancing communication channels and fostering understanding,we aim to bridge the gap and empower our ratepayers with the knowledge needed to support and appreciate the essential work we undertake for the well-being of our community and the environment. Orange County Sanitation District Printed on 8/20/2024Page 1 of 4 powered by Legistar™ File #:2024-3780 Agenda Date:8/28/2024 Agenda Item No:11. PROPOSED SOLUTION By providing tours,community outreach,education,and general communication via OC San’s website,social media,and direct mailings,we can share information with the community,local agencies,and businesses on our messaging such as the What2Flush program,energy production, water recycling,biosolids,and our source control program.This,in turn,helps improve the quality of wastewater that is recycled or released to the ocean and the knowledge and understanding of wastewater treatment. RAMIFICATIONS OF NOT TAKING ACTION Neglecting to inform the community,local agencies,and area businesses about OC San could lead to insufficient support for our mission, hindering our ability to fulfill our responsibilities effectively. PRIOR COMMITTEE/BOARD ACTIONS July 2024 - Public Affairs Strategic Plan for Fiscal Years 2024-2026 approved. ADDITIONAL INFORMATION Activities in July: Outreach Report An outreach report that includes tours,website updates,social media posts,construction notifications, speaking engagements, and more is attached to this Agenda Report. Social Media OC San messaging,announcements,and program updates were posted across OC San’s social media platforms. Our social media handle is @OCSanDistrict. ·Facebook: 14 posts reaching 2.k people ·X: 10 posts reaching 726 people ·Instagram: 31 posts reaching 3.7k people ·LinkedIn: 5 posts reaching 13.7k people Presentations and Outreach Events This month,staff conducted three tours at Plant No.1 and Headquarters,engaging guests from the Cal State Long Beach Nursing Program,the public,and new employees.Additionally,staff presented to the Orange County Realtors Group on waste in Orange County and participated in a story time focusing on water awareness at the Newhope Branch Library in Santa Ana.Our General Manager presented at the California Association of Sanitation Agencies Conference on Empowering through Collaboration.In total we reached approximately 200 people for the month.Details can be found in the Outreach Report. Internal Communication In July,there were 67 posts on the employee intranet -The San Box,and four weekly emails were distributed on relevant topics. Orange County Sanitation District Printed on 8/20/2024Page 2 of 4 powered by Legistar™ File #:2024-3780 Agenda Date:8/28/2024 Agenda Item No:11. Construction Outreach Update Outreach efforts continue for OC San construction activities throughout the service area.Projects are ongoing in Fountain Valley,Costa Mesa,Buena Park,Anaheim,Newport Beach,Rossmoor,and within both of our treatment plants.Website updates,email text alerts,and direct notifications continue to be distributed as the projects progress.Details on each project can be found at www.ocsan.gov/construction. Neighborhood Connection Newsletter The summer issue of OC San’s community newsletter was distributed in July.It features a recap of our 70th Anniversary Open House,infrastructure project updates,our budget process,and more.The newsletter is sent electronically to about 4,000 readers and shared on our social media platforms. Member Agency Outreach Toolkit The summer outreach toolkit was distributed to our member agencies to spread OC San messaging across a wider audience.It covers summer topics which include sand in the pipes and fats,oil,and grease. The toolkit includes graphics, articles for websites and newsletters, and social media posts. OC San Receives Award OC San won the 2024 American Inhouse Design Awards from Graphic Design USA, a prestigious competition for design professionals that receives over 5,000 entries annually. Only 10 percent of the entries are recognized as winners. Awards were given for the Capital Improvement Program Annual Report <https://www.ocsan.gov/home/showpublisheddocument/34221/638309854338200000>, OC San’s Connection Newsletter, and for the Keep it Flowing brochure which includes OC San messaging. Local Legislative and Governmental Support Whittingham Public Affairs Advisors (WPAA)continues to provide support to OC San.A monthly report is attached to this Agenda Report.Activities to note include monitoring various City Council agendas of each of OC San’s member agencies and highlighting issues and items of relevance to OC San. Activities in August: Social Media OC San continues to share messaging across the various social media platforms. Presentations and Outreach Efforts Presentations were given to the Fullerton Rotary Club,SoCal Waste Discharge Requirements Group, and the City of San Diego.OC San also participated in the Orange County Business Council Legialtive Day and the State of the County. CEQA N/A Orange County Sanitation District Printed on 8/20/2024Page 3 of 4 powered by Legistar™ File #:2024-3780 Agenda Date:8/28/2024 Agenda Item No:11. FINANCIAL CONSIDERATIONS All items mentioned are included in OC San’s FY 2024-26 Budget. ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Outreach and Media Report - July 2024 ·WPAA Local Public Affairs Report - July 2024 Orange County Sanitation District Printed on 8/20/2024Page 4 of 4 powered by Legistar™ Outreach and Media Summary July 2024 OC San Public Affairs Off ice Table of Contents OUTREACH REPORT…………………………………………………………PAGE 1 FACEBOOK POSTINGS ……………………………………………...............PAGE 2 TWITTER POSTINGS …………………………………………………………PAGE 3 INSTAGRAM POSTINGS………………………………………………………PAGE 4 LINKEDIN POSTINGS………………………………………………………....PAGE 5 NEWS ARTICLES……………………………………………………………………………. PAGE 6 Outreach Report July 2024 Date Tours Attendees Tour Guide 7/2/24 New Employee Tour 12 Rob Thompson 7/9/24 Public Tour 18 Cortney Light 7/23/24 Cal State Long Beach Nursing 22 Cortney Light Date Speaking Engagements/Events Attendees Presenter 7/10/24 OC Realtors 35 Rebecca Long 7/23/24 Water Awareness Story time at Newhope Library in Santa Ana 35 Belen Carrillo/ Jenny Gomez/ Jacob Dalgoff/ Dindo Carrillo/ Marianne Klein/ Giti Radvar 7/3124 California Association of Sanitation Agencies Conference 120 Rob Thompson Project Area Outreach Notifications # of People Reached Website Posts and Text Alerts Service Area OC San Connection Community Newsletter 3500 1 website post Anaheim/Buena Park Orange-Western Trunk project update 343 1 website post Costa Mesa Costa Mesa Sewer Along I-405 183 1 website post Newport Beach MacArthur Sewer Project update 98 1 website post Seal Beach Seal Beach Pump Station Replacement update 160 1 website post/ 1 email alert External Communications Distribution # of People Reached 5 Minutes Per Month OC San Continuing to Protect Our Beaches 216 Board Member Talking Points One 50 Website Posts 9 posts 3k views Website Facebook 14 posts 2k reached Social Media Twitter 10 tweets 726 reached Social Media Instagram 31 posts 3.7k reached Social Media LinkedIn 5 posts 13.7k reached Social Media 1 Post performance - Facebook Pages Data from 01 Jul, 2024 to 31 Jul, 2024 Sources Orange County Sanitation DistrictO Orange County Sanitation District Jul 31, 20:01O Summer BBQs = Fun! Don't let FOG crash the party! Fats, Oils, & Grease belong in the trash, not the drain! Wipe grills with paper towels & toss. Let's keep our waterways healthy! #OCSan #FOGFree 4.72%106 106 Orange County Sanitation District Jul 24, 17:42O OC San has been awarded 3 Graphic Design USA awards for our InHouse Design Content. Over 5,000 entries were submitted and only 10% were recognized as winners in this category. We won for: CIP Annual Report OC San Connection… 20.95%273 253 Orange County Sanitation District Jul 19, 18:01O OC San: You're Welcome! 🤽💧 If you want to find out how we clean the wastewater, visit ocsan.gov/tours and sign up for a tour!1.78%189 169 Orange County Sanitation District Jul 18, 14:18O OC San will be having the Steering Committee Meeting (5 pm) and Board of Directors Meeting (6 pm) on Wednesday, July 24. Click here to view the agenda:3.85%59 52 Orange County Sanitation District Jul 17, 14:52O At OC San we're looking for talented individuals to join our team. Make adierence in the wastewater treatment industry and build a fulfilling career.Learn more and apply at OCSan.gov/jobs. #OCSanCareers 5.96%168 151 Orange County Sanitation District Jul 13, 16:02O The latest issue of the OC San Connection newsletter has just dropped, and it’s areal page-turner! 💧 Dive in for all the updates, stories, and behind-the-scenesaction. Don't miss out and check it out! 🌊📖 #OCSanConnection 6.58%91 76 Orange County Sanitation District Jul 12, 16:41O The OC San Administration Committee Meeting will be happening on July 17 at 5 pm. Click here to view the agenda:5.77%64 52 Orange County Sanitation District Jul 12, 16:09O (Post with no description)4.11%155 146 Orange County Sanitation District Jul 11, 23:06O Jennifer Cabral has been appointed as the Director of Communications atOrange County Sanitation District. With 20+ years of experience, she’ll lead ournew Communications Department, overseeing public aairs, community…19.49%405 390 Orange County SanitationDistrict Jul 10, 17:42O Did you know OC San is a 24/7 facility? We do this because just like your flowdoesn't stop, neither do we. To learn about what we do and who we are visit ocsan.gov 8.49%126 106 Orange County SanitationDistrict Jul 06, 17:00O Chad Wanke's hard work and dedication has made a big impact on our agencyand wastewater recycling eorts. We know it and so does Orange County WaterDistrict County of Orange, California Assemblyman Phillip Chen Michelle Stee…8.44%237 225 Orange County SanitationDistrict Jul 04, 16:20O Happy 4th of July from OC San! 🎆 As we celebrate our nation's independence,let's also remember to protect our environment. Enjoy the fireworks andfestivities, and please dispose of waste responsibly. Nothing other than the 3 …5.61%117 107 Orange County SanitationDistrict Jul 03, 22:30O The OC San Operations Committee Meeting is happening on July 10 at 5 PM. Click here to view the agenda:1.96%57 51 Orange County SanitationDistrict Jul 02, 15:52O Excited to announce Ryan Gallagher, Mayor Pro Tem of Tustin, as the new OC San Board Chairman and Jon Dumitru, Councilmember for Orange, as Vice- Chairman! 🎉 Congrats to our #OCSanLeadership. 7.14%152 140 DATE POST ENGAGEMENT RATE IMPRESSIONS REACH 2 Post performance - Twitter Data from 01 Jul, 2024 to 31 Jul, 2024 Sources @OCSanDistrict @OCSanDistrict Jul 31, 20:01 Summer BBQs = Fun! Don't let FOG crash the party! Fats, Oils, & Grease belong in the trash, not the drain! Wipe grills with paper towels & toss. Let's keep our waterways healthy! #OCSan #FOGFree https://twitter.com/OCSanDistrict/stat… 0%0 96 @OCSanDistrict Jul 24, 17:42 OC San has been awarded 3 Graphic Design USA awards for our InHouse Design Content. Over 5,000 entries were submitted and only 10% were recognized as winners in this category. We won for: CIP Annual Report OC San Connection… 6.78%8 118 @OCSanDistrict Jul 19, 18:02 OC San: You're Welcome! 🤽💧 If you want to find out how we clean the wastewater, visit http://ocsan.gov/tours and sign up for a tour! https://twitter.co m/OCSanDistrict/status/1814360238297944356/video/1 0%0 36 @OCSanDistrict Jul 17, 14:52 At OC San we're looking for talented individuals to join our team. Make adierence in the wastewater treatment industry and build a fulfilling career.Learn more and apply at http://OCSan.gov/jobs. #OCSanCareers https://twitt…7.02%4 57 @OCSanDistrict Jul 13, 16:01 The latest issue of the OC San Connection newsletter has just dropped, and it’s areal page-turner! 💧 Dive in for all the updates, stories, and behind-the-scenesaction. Don't miss out and check it out! 🌊📖 #OCSanConnection https://twitt…0%0 36 @OCSanDistrict Jul 11, 23:08 Jennifer Cabral has been appointed as the Director of Communications atOrange County Sanitation District. With 20+ years of experience, she'll lead ournew Communications Department, overseeing public aairs, community…11.84%9 76 @OCSanDistrict Jul 10, 17:42 Did you know OC San is a 24/7 facility? We do this because just like your flowdoesn't stop, neither do we. To learn about what we do and who we are visit http://ocsan.gov https://twitter.com/OCSanDistrict/status/18110935759138615…6.45%4 62 @OCSanDistrict Jul 06, 17:00 Chad Wanke's hard work and dedication has made a big impact on our agencyand wastewater recycling eorts.We know it and so does @OCWaterDistrict,@OCGov @AssemblymanPhillipChen @MichelleSteelCA who sent over…9.49%13 137 @OCSanDistrict Jul 04, 16:20 Happy 4th of July from OC San! 🎆 As we celebrate our nation's independence,let's also remember to protect our environment. Enjoy the fireworks andfestivities, and please dispose of waste responsibly. Nothing other than the 3 …0%0 52 @OCSanDistrict Jul 02, 15:52 Excited to announce Ryan Gallagher, Mayor Pro Tem of Tustin, as the new OCSan Board Chairman and Jon Dumitru, Councilmember for Orange, as Vice-Chairman! 🎉 Congrats to our #OCSanLeadership. https://twitter.com/OCSan…1.79%1 56 DATE POST ENGAGEMENT RATE ENGAGEMENTS IMPRESSIONS 3 Post performance - Instagram Business Data from 01 Jul, 2024 to 31 Jul, 2024 Sources ocsandistrictO ocsandistrict Jul 31, 20:01O Summer BBQs = Fun! Don't let FOG crash the party! Fats, Oils, & Grease belong in the trash, not the drain! Wipe grills with paper towels & toss. Let's keep our waterways healthy! #OCSan #FOGFree 6.25%97 6 96 ocsandistrict Jul 30, 19:08O Partners 4 life 💙 Water 4 life 💧0%106 0 105 ocsandistrict Jul 27, 19:13O (No description)0%71 0 69 ocsandistrict Jul 27, 19:13O (No description)0%68 0 66 ocsandistrict Jul 27, 19:12O (No description)0%66 0 64 ocsandistrict Jul 27, 19:12O (No description)0%75 0 73 ocsandistrict Jul 27, 19:12O Throwback to our story time this week. Thanks @santaanalibrary for having us 💧0%78 0 77 ocsandistrict Jul 24, 17:42O OC San has been awarded 3 Graphic Design USA awards for our InHouse DesignContent. Over 5,000 entries were submitted and only 10% were recognized aswinners in this category. We won for: CIP Annual Report OC San Connection…11.22%0 10 98 ocsandistrict Jul 23, 18:57O And just like that. The OC San storytime was a success! Thanks to @santaanalibrary for having us stop by @cityofsantaana 0%96 0 96 ocsandistrict Jul 23, 15:18O That’s us! Stop by the Newhope Library in Santa Ana for our 10:30 am Storytime 💧0%107 0 105 ocsandistrict Jul 22, 23:16O (No description)0%138 0 137 ocsandistrict Jul 19, 18:01O OC San: You're Welcome! 🤽💧 If you want to find out how we clean the wastewater, visit ocsan.gov/tours and sign up for a tour!4.96%0 6 121 ocsandistrict Jul 18, 23:03O (No description)0%146 0 146 ocsandistrict Jul 17, 21:00O (No description)0%68 0 68 ocsandistrict Jul 17, 20:56O (No description)0%68 0 68 ocsandistrict Jul 17, 20:54O (No description)0%72 0 72 ocsandistrict Jul 17, 20:49O (No description)0%75 0 75 ocsandistrict Jul 17, 20:46O Emoji Day? 🤗😎🤓 Let’s play “Guess the Phrase”0%88 0 88 ocsandistrict Jul 17, 14:52O At OC San we're looking for talented individuals to join our team. Make a dierence in the wastewater treatment industry and build a fulfilling career. Learn more and apply at OCSan.gov/jobs. #OCSanCareers 4.72%0 9 212 ocsandistrict Jul 13, 16:00O The latest issue of the OC San Connection newsletter has just dropped, and it’s a real page-turner! 💧 Dive in for all the updates, stories, and behind-the-scenes action. Don't miss out and check it out! 🌊📖 #OCSanConnection 3.45%0 2 87 ocsandistrict Jul 12, 18:28O A special OC San Highlight from @esrigram 😱0%105 0 104 ocsandistrict Jul 11, 23:06O Jennifer Cabral has been appointed as the Director of Communications at Orange County Sanitation District. With 20+ years of experience, she’ll lead our new Communications Department, overseeing public aairs, community… 16.28%323 39 301 ocsandistrict Jul 10, 17:42O Did you know OC San is a 24/7 facility? We do this because just like your flow doesn't stop, neither do we. To learn about what we do and who we are visit ocs an.gov 8.25%0 15 206 ocsandistrict Jul 10, 16:09O (No description)0%156 0 154 ocsandistrict Jul 06, 17:00O Chad Wanke's hard work and dedication has made a big impact on our agency and wastewater recycling eorts. We know it and so does @OCWD, @OCGov @StateAssemblyPhillipChen @MichelleSteelCA who sent over recognitions! A… 4.02%221 8 199 ocsandistrict Jul 04, 16:25O (No description)0%103 0 101 ocsandistrict Jul 04, 16:20O Happy 4th of July from OC San! 🎆 As we celebrate our nation's independence, let's also remember to protect our environment. Enjoy the fireworks and festivities, and please dispose of waste responsibly. Nothing other than the 3 … 9.93%158 13 141 ocsandistrict Jul 03, 23:27O (No description)0%99 0 97 ocsandistrict Jul 03, 17:59O (No description)0%103 0 102 ocsandistrict Jul 02, 20:56O Perfect Day for a Tour 0%162 0 162 ocsandistrict Jul 02, 15:52O Excited to announce Ryan Gallagher, Mayor Pro Tem of Tustin, as the new OCSan Board Chairman and Jon Dumitru, Councilmember for Orange, as Vice-Chairman! 🎉 Congrats to our #OCSanLeadership.7.63%274 17 249 DATE POST ENGAGEMENT RATE IMPRESSIONS LIKES REACH 4 Post performance - LinkedIn Pages Data from 01 Jul, 2024 to 31 Jul, 2024 Sources Orange County Sanitation District Orange County Sanitation District Jul 24, 17:42 OC San has been awarded 3 Graphic Design USA awards for our InHouse Design Content. Over 5,000 entries were submitted and only 10% were recognized as winners in this category. We won for: CIP Annual Report OC San Connection… 8.66%554 21 0 Orange County Sanitation District Jul 17, 14:52 At OC San we're looking for talented individuals to join our team. Make a dierence in the wastewater treatment industry and build a fulfilling career. Learn more and apply at OCSan.gov/jobs. #OCSanCareers 11.54%1,317 20 5 Orange County Sanitation District Jul 13, 16:01 The latest issue of the OC San Connection newsletter has just dropped, and it’s a real page-turner! 💧 Dive in for all the updates, stories, and behind-the-scenes action. Don't miss out and check it out! 🌊📖 #OCSanConnection 7.03%555 7 0 Orange County Sanitation District Jul 11, 23:08 Jennifer Cabral has been appointed as the Director of Communications atOrange County Sanitation District. With 20+ years of experience, she'll lead ournew Communications Department, overseeing public aairs, community…7.75%6,475 203 1 Orange County Sanitation District Jul 02, 15:52 Excited to announce Ryan Gallagher, Mayor Pro Tem of Tustin, as the new OCSan Board Chairman and Jon Dumitru, Councilmember for Orange, as Vice-Chairman! 🎉 Congrats to our #OCSanLeadership.5.78%4,809 126 0 DATE POST ENGAGEMENT RATE IMPRESSIONS REACTIONS SHARES 5 Article Date Source Link Hoping to reduce Colorado River dependency, Southern California bets big on wastewater recycling 7/5/2024 Courthouse News Service https://www.courthousenews.com/hoping-to- reduce-colorado-river-dependency-southern- california-bets-big-on-wastewater-recycling/ Innovation in Action: Isle North America Recognizes Water Industry Trailblazers at National Gathering 7/11/2024 Isle Utilities https://www.environmental- expert.com/news/innovation-in-action-isle- north-america-recognizes-water-industry- trailblazers-at-national-gathering-1150683 Coastal Commission upholds decision by N.B. City Council, Planning Commission on pump station 7/12/2024 Daily Pilot https://www.latimes.com/socal/daily- pilot/news/story/2024-07-12/coastal- commission-upholds-decision-by-n-b-city- council-planning-commission-on-pump-station 374Water Deploying its Innovative AirSCWO Waste Destruction Technology to the City of Orlando's Iron Bridge Water Pollution Control Facility 7/16/2024 Morningstar https://www.morningstar.com/news/accesswir e/889518msn/374water-deploying-its- innovative-airscwo-waste-destruction- technology-to-the-city-of-orlandos-iron-bridge- water-pollution-control-facility COVID reaches 'very high' level in CA, CDC wastewater data show; COVID on the rise in LA County 7/16/2024 ABC 7 https://abc7.com/post/covid-viral-activity-high- level-ca-cdc-wastewater/15061922/ Heal the Bay’s 2024 ‘Beach Report Card’ highlights link between rain, ocean health 7/17/2024 OC Register https://ocsdgov.sharepoint.com/:b:/s/External /EaVhVAn99SZKkTln7z2uw7gBW6a1DEfaX8cgjf 2oP9_Ndg?e=MyTknw Best and worst beaches in Southern California 7/17/2024 OC Register https://www.ocregister.com/2024/07/17/best- and-worst-beaches-in-southern-california/ Beach Report Card 7/17/2024 Heal the Bay https://healthebay.org/wp- content/uploads/2024/07/Beach-Report-2023- 2024_screen.pdf Rise in storms hurts beaches 7/18/2024 OC Register https://ocsdgov.sharepoint.com/:b:/s/External /EZu- TeQooihJpDe_zdzOaQcBetz1OWggcgSOurxH6O QlDw?e=ETAHeA 6 Media Articles for July Whittingham PAA, LLC 31441 Santa Margarita Parkway, Suite A181 ▪ Rancho Santa Margarita, CA 92688 (949) 280-9181 ▪ peter@whittinghampaa.com TO: Orange County Sanitation District FROM: Whittingham Public Affairs Advisors DATE: July 31, 2024 SUBJECT: Local Legislative Report The month of July has been highlighted by a variety of noteworthy events in Orange County. Following is a few of the more notable developments and issues of the month: • A coalition that includes Mesa Water® and the Orange County Water District, along with the cities of Newport Beach and Huntington Beach, have received $250,000 in federal money to examine the possibility of converting brackish water to potable, similar to what is currently being done in Torrance and parts of Riverside and San Bernardino counties. The Supply Improvement Project (SIP) is slated to begin this month and the first phase should be concluded in April 2025. • County of Orange Chief Financial Officer Michelle Aguirre was appointed interim Chief Executive Officer by the Orange County Board of Supervisors. Longtime CEO Frank Kim officially retired July 11; the Board of Supervisors meets next on August 13, at which time they are expected to determine the path forward to determining the next CEO, who will oversee 16,000 employees and a $9.3 billion budget. • A number of cities countywide, in the face of significant structural budget deficits, have placed local sales tax measures on the November ballot. The Orange City Council voted earlier in July to place a one-half cent local sales tax measure before voters in the city, and the Seal Beach and Buena Park City Councils have similarly placed one cent sales tax measures before their respective voters in November. The San Clemente City Council will consider placing a three-quarters cent measure before its voters on August 6 after a motion to place a one cent sales tax increase failed to get support from a majority of the Council. • The County of Orange conducted several public input meetings and finalized the Draft Preliminary Climate Action Plan (CAP), which is slated to come before the Board of Supervisors in September. More information about the CAP may be found here - Title (oclandfills.com). 2 As part of our scope of work, Whittingham Public Affairs Advisors (WPAA) has monitored the various City Council agendas of each of OC San’s member agencies and highlighted issues and items of relevance to OC San. We also monitored activities at the South Coast Air Quality Management District, including the announced award of a $500 million Climate Pollution Reduction Grant and a working group meeting dealing with Proposed Rule 1405, which will impact wastewater treatment facilities. It is a pleasure to work with you and to represent the Orange County Sanitation District. Sincerely, Peter Whittingham STEERING COMMITTEE Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3781 Agenda Date:8/28/2024 Agenda Item No:12. FROM:Robert Thompson, General Manager Originator: Mike Dorman, Director of Engineering SUBJECT: BAY BRIDGE PUMP STATION REPLACEMENT, PROJECT NO. 5-67 GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: Approve a Project Specific Maintenance Agreement with the California Department of Transportation (Caltrans)for the construction and maintenance of force mains,drainage pipes,retaining wall, sidewalk,curb and gutter hardscape,and landscaping within the Caltrans right-of-way for the Bay Bridge Pump Station Replacement, Project No. 5-67. BACKGROUND The Bay Bridge Pump Station is located on East Coast Highway just east of the Lower Newport Bay Channel.The force mains are routed under East Coast Highway and Lower Newport Bay Channel. The pump station and force mains are critical to the Orange County Sanitation District’s (OC San) infrastructure as it conveys over half of Newport Beach’s wastewater.The pump station and force mains are at the end of their useful life and require replacement to ensure continuous service. Portions of the Bay Bridge Pump Station will be constructed in the Caltrans right-of-way including force mains, drainage pipes, retaining wall, sidewalk, curb and gutter hardscape, and landscaping. RELEVANT STANDARDS ·Maintain collaborative and cooperative relationships with regulators,stakeholders,and neighboring communities PROBLEM OC San cannot construct the Bay Bridge Pump Station Replacement,Project No.5-67,without a Project Specific Maintenance Agreement with Caltrans. PROPOSED SOLUTION Enter into a Project Specific Maintenance Agreement with Caltrans. Orange County Sanitation District Printed on 8/20/2024Page 1 of 3 powered by Legistar™ File #:2024-3781 Agenda Date:8/28/2024 Agenda Item No:12. TIMING CONCERNS Construction cannot begin until this agreement is in place.Delaying the approval of this agreement could delay the start of construction which is scheduled to start in the first quarter of 2025. RAMIFICATIONS OF NOT TAKING ACTION The reliability of the system will remain compromised until the pump station and force mains are replaced.There is a risk that the pump station and force mains could fail,potentially causing a spill into the Lower Newport Bay Channel. PRIOR COMMITTEE/BOARD ACTIONS September 2023 -Approved a License Agreement with the City of Newport Beach for the construction staging area for the Bay Bridge Pump Station and Force Mains Replacement,Project No. 5-67. July 2023 -Adopted Resolution No.OC SAN 23-13 entitled,“A Resolution of the Orange County Sanitation District Board of Directors receiving and filing the Addendum to the Environmental Impact Report for the Bay Bridge Pump Station and Force Mains Replacement Project No.5-67 and approving the Modified Project”. February 2021 -Adopted Resolution No.OC SAN 21-03,entitled:“A Resolution of the Board of Directors of the Orange County Sanitation District Certifying the Environmental Impact Report for the Bay Bridge Pump Station and Force Mains Replacement Project,Project No.5-67;Adopting the Mitigation Monitoring Program;and Approving the Bay Bridge Pump Station and Force Mains Replacement Project, Project No. 5-67”. ADDITIONAL INFORMATION N/A CEQA OC San,as lead agency,prepared a Final Program Environmental Impact Report ("EIR")for the Bay Bridge Pump Station and Force Mains Replacement Project,Project No.5-67,dated May 2018.OC San ultimately certified the EIR for the project on February 24,2021.In response to a court ruling, the project was modified,and the impacts of those modifications were analyzed in an Addendum to the EIR.OC San received and filed the Addendum and approved the modified project on July 26, 2023 (Public Resources Code Section 21166; CEQA Guidelines Section 15162, 15164). FINANCIAL CONSIDERATIONS N/A Orange County Sanitation District Printed on 8/20/2024Page 2 of 3 powered by Legistar™ File #:2024-3781 Agenda Date:8/28/2024 Agenda Item No:12. ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Project Specific Maintenance Agreement CM:lb Orange County Sanitation District Printed on 8/20/2024Page 3 of 3 powered by Legistar™ PSMA PM 18-18.4 1 PROJECT SPECIFIC MAINTENANCE AGREEMENT WITH ORANGE COUNTY SANITATION DISTRICT (OCSAN) THIS AGREEMENT is made effective this ______ day of ____________, 20__, by and between the State of California, acting by and through the Department of Transportation, hereinafter referred to as “STATE” and the ORANGE COUNTY SANITATION DISTRICT, hereinafter referred to as “OCSAN”; and collectively referred to as “PARTIES”. SECTION I RECITALS 1.Whereas, OCSAN is engaged in Project No. 5-67 to rebuild the Bay Bridge Pump Station currently located at 300 East Coast Highway in the City of Newport Beach (the “PROJECT”). The PROJECT will construct a pump station facility adjacent to the existing facility and dual force mains encased in a reinforced concrete pipe, undercrossing East Coast Highway and the Newport Bay. 2.The PARTIES hereto mutually desire to identify the maintenance responsibilities of OCSAN for the improvements of PROJECT constructed within the STATE right of way under the Permit Number 12-19-N-LC-0815. This Agreement addresses OCSAN responsibility for the drainage pipes, reinforced concrete pipes, high density polyethylene pipes, retaining wall, curb and gutter, sidewalk, hardscape, and landscaping, placed within STATE right of way on State Route 1 PM 18-18.4, as shown on Exhibit A, attached to and made a part of this Agreement. NOW THEREFORE, IT IS AGREED AS FOLLOWS: SECTION II AGREEMENT 1.Exhibit A consists of plan drawings, and Exhibits B delineates infrastructure and describes the areas within STATE right of way which are the responsibility of the OCSAN to maintain in accordance with this Agreement. 2.If there is mutual agreement on a change in the maintenance responsibilitiesbetween PARTIES, the PARTIES can revise the Exhibit A and B by a mutual written execution of the Exhibits. 3.OCSAN must obtain the necessary Encroachment Permits from STATE’s District 12 Encroachment Permit Office prior to entering STATE right of way to perform OCSAN maintenance responsibilities. This permit will be issued at no cost to OCSAN. PSMA PM 18-18.4 2 4.RETAINING WALLS - OCSAN is responsible for debris removal, cleaning and painting to keep OCSAN‘s side of any wall structure or column, shown on Exhibit A, free of debris, dirt, and graffiti. 5.LANDSCAPED AREAS - OCSAN is responsible for the maintenance of any plantings or other types of roadside improvements of PROJECT, shown on Exhibit A lying outside of the fenced area restricting walk on access to the freeway including but not limited to curb and gutter, sidewalk, and hardscape. 6.UNDERGROUND PIPES: OCSAN is responsible for the maintenance of REINFORCED CONCRETE PIPES, AIR RELEASE VALVE and HIGH-DENSITY POLYETHYLENE PIPES identified in Exhibit A. 7.LEGAL RELATIONS AND RESPONSIBILITIES 7.1. Nothing within the provisions of this Agreement is intended to create duties or obligations to or rights in third parties not parties to this Agreement or to affect the legal liability of a PARTY to the Agreement by imposing any standard of care with respect to the operation and maintenance of STATE highways and local facilities different from the standard of care imposed by law. 7.2. Neither OCSAN nor any officer or employee thereof is responsible for any injury, damage or liability occurring by reason of anything done or omitted to be done by, under or in connection with any work, authority or jurisdiction conferred upon STATE under this Agreement. It is understood and agreed that STATE shall fully defend, indemnify and save harmless OCSAN and all of their officers and employees from all claims, suits or actions of every name, kind and description brought forth under, including, but not limited to, tortious, contractual, inverse condemnation or other theories or assertions of liability occurring by reason of anything done or omitted to be done by STATE under this Agreement. 7.3. Neither STATE nor any officer or employee thereof is responsible for any injury, damage or liability occurring by reason of anything done or omitted to be done by OCSAN under or in connection with any work, authority or jurisdiction conferred upon OCSAN under this Agreement. It is understood and agreed that OCSAN shall fully defend, indemnify and save harmless STATE and all of its officers and employees from all claims, suits or actions of every name, kind and description brought forth under, including but not limited to, tortious, contractual, inverse condemnation or other theories or assertions of liability occurring by reason of anything done or omitted to be done by OCSAN under this Agreement. 8.*STATE shall remove Persons Experiencing Homelessness (PEH) and any structures, personal property, debris, and/or other items related to the encampment from the PSMA PM 18-18.4 3 Location(s) shown in Exhibit A, subject to STATE’s Encampment Removal policy, MPD 1001 R1 and applicable State and Federal law. Nothing in this Agreement grants or waives the right of California Highway Patrol (CHP) and other law enforcement agencies having jurisdiction over the Locations in shown in Exhibit A. 9.OC SAN shall engage in weed abatement operations. LOCAL AGENCY shall control weeds at a level acceptable to STATE. Any weed control performed by chemical weed sprays (herbicides)shall comply with all laws, rules, and regulations established by California Department of Food and Agriculture. All chemical spray operations shall be reported quarterly (form LA17) to STATE via the STATE’s Landscape Specialist, Maintenance Support, Caltrans District Office 1750 E 4th Street Suite 100 Santa Ana, CA 92705. 10.OC SAN's graffiti removal shall be limited to removal of text only in accordance with Streets and Highway Code Section 96. Any graffiti that in any way resembles a mural, artwork, paintings, or other similar elements may not be removed. LOCAL AGENCY shall discuss such possible art with STATE’s District 12 Transportation Art Coordinator before conducting any graffiti removal or remediation. 10.1. 11. PREVAILING WAGES: 11.1. Labor Code Compliance- If the work performed under this Agreement is done under contract and falls within the Labor Code section 1720(a)(1) definition of a "public works" in that it is construction, alteration, demolition, installation, or repair; or maintenance work under Labor Code section 1771. OCSAN must conform to the provisions of Labor Code sections 1720 through 1815, and all applicable provisions of California Code of Regulations found in Title 8, Chapter 8, Subchapter 3, Articles 1-7. OCSAN agrees to include prevailing wage requirements in its contracts for public works. Work performed by OCSAN'S own forces is exempt from the Labor Code's Prevailing Wage requirements. 11.2. Requirements in Subcontracts - OCSAN shall require its contractors to include prevailing wage requirements in all subcontracts when the work to be performed by the subcontractor under this Agreement is a "public works" as defined in Labor Code Section 1720(a)(1) and Labor Code Section 1771. Subcontracts shall include all prevailing wage requirements set forth in OCSAN's contracts. 12. INSURANCE: PSMA PM 18-18.4 4 12.1. SELF-INSURED - OCSAN is self-insured. OCSAN agrees to deliver evidence of self- insured coverage providing general liability insurance, coverage of bodily injury liability and property damage liability, naming STATE, its officers, agents and employees as the additional insured in an amount of $1 million per occurrence and $2 million in aggregate and $5 million in excess. Coverage shall be evidenced by a certification of self-insurance letter (“Letter of Self-Insurance”), satisfactory to STATE, certifying that OCSAN meets the coverage requirements of this section. This Letter of Self-Insurance shall also identify the PROJECT location as depicted in EXHIBITS A. OCSAN shall deliver to STATE the Letter of Self-Insurance with a signed copy of this AGREEMENT. A copy of the executed Letter of Self- Insurance shall be attached hereto and incorporate as Exhibit B. 12.2. SELF-INSURED using Contractor - If the work performed under this AGREEMENT is done by OCSAN‘s contractor(s), OCSAN shall require its contractor(s) to maintain in force, during the term of this AGREEMENT, a policy of general liability insurance, including coverage of bodily injury liability and property damage liability, naming STATE, its officers, agents and employees as the additional insured in an amount of $1 million per occurrence and $2 million in aggregate and $5 million in excess. Coverage shall be evidenced by a certificate of insurance in a form satisfactory to the STATE that shall be delivered to the STATE with a signed copy of this Agreement. 13. TERMINATION - This Agreement may be terminated by mutual written consent by PARTIES or by STATE for cause., OCSAN’s failure to comply with the provisions of this Agreement may be grounds for a Notice of Termination by STATE. 14. TERM OF AGREEMENT - This Agreement shall become effective on the date first shown on its face sheet and shall remain in full force and effect until amended or terminatedas set forth in Article 13 above. PARTIES are empowered by Streets and Highways Code Section 114 and 130 to enter into this Agreement and have delegated to the undersigned the authority to execute this Agreement on behalf of the respective agencies and covenants to have followed all the necessary legal requirements to validly execute this Agreement. [SIGNATURE PAGE FOLLOWS] PSMA PM 18-18.4 5 IN WITNESS WHEREOF, the PARTIES hereto have set their hands and seals the day and year first above written. STATE OF CALIFORNIA DEPARTMENT OF TRANSPORTATION TONY TAVARES Director of Transportation ORANGE COUNTY SANITATION DISTRICT By: __________________________ Ryan P. Gallagher Board Chairperson By: ___________________________ ROBERTA C. HETTICK, P.E. Deputy District Director Maintenance District ATTEST: By: __________________________ Kelly A. Lore, MMC Clerk of the Board By: __________________________ Scott C. Smith General Counsel As to Form and Procedure: By: _____________________________ Attorney Department of Transportation PSMA PM 18-18.4 EXHIBIT A Page 1 of 1 (Plan map identifying the applicable STATE Right of Way and OCSAN property(ies) and facilities) PROJECT SPECIFIC MAINTENANCE AGREEMENT EXHIBIT A - FACILITY MAINTENANCE EXHIBIT EAST COAST HIGHWAY ORANGE COUNTY SANITATION DISTRICT SHEET 1 OF 4 PACIFIC COAST HWY PRIVATE 149+00 150+00 151+00 152+00 153+00 155+00 156+00 154+00 CALTRANS PRIVATE PRIVATE CALTRANS CALTRANS PRIVATE OC SAN FACILITIES TO BE MAINTAINED BY OC SAN PROPERTY LINES SEE SHEET 3 AND 4 FORENLARGED EXHIBITS 72" RCP 24" HDPE LANDSCAPINGAREA PROJECT SPECIFIC MAINTENANCE AGREEMENT EXHIBIT A - FACILITY MAINTENANCE EXHIBIT WEST COAST HIGHWAY ORANGE COUNTY SANITATION DISTRICT SHEET 2 OF 4FACILITIES TO BE MAINTAINED BY OC SAN PROPERTY LINES 140+00 141+00 142+00 PACIFIC COAST HWY143+00 144+00 145+00 146+00 CALTRANS USACE USACE CALTRANS 72" RCP 24" HDPE AIR RELEASEVALVE VAULT ENLARGED EXHIBIT FOR HARDSCAPE AND UTILITIES ORANGE COUNTY SANITATION DISTRICT SHEET 3 OF 4 24SD(C)24SD(C)24SD(C)24SD(C)24SD(C)24SD(C) 18S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) CB CB 24W(D) 24W(D) 24W(D) 24W(D) 24W(D) D CB-3 36.0' ROLL CURB 6.0' TRANS6.0' TRANS ROLL CURB CALTRANS PRIVATE PROPERT Y ROLL CURB RCP PIPES, HDPE PIPES, RETAINING WALL,DRAINAGE PIPES, ROLL CURB ANDGUTTER TO BE MAINTAINED BY OC SAN 24" HDPE 72" RCP DRAINAGEPIPESRETAININGWALL 154+00153+00 153+50 154+50 PROJECT SPECIFIC MAINTENANCE AGREEMENT EXHIBIT A - FACILITY MAINTENANCE EXHIBIT ENLARGED EXHIBIT FOR LANDSCAPING ORANGE COUNTY SANITATION DISTRICT SHEET 4 OF 4 24SD(C)24SD(C)24SD(C)24SD(C)24SD(C)24SD(C) 18S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 30SD(C) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) 18 S D ( C ) CB CB 24W(D) 24W(D) 24W(D) 24W(D) 24W(D) D CB-3 36.0' ROLL CURB 6.0' TRANS6.0' TRANS ROLL CURB CALTRANS PRIVATE PROPERT Y ROLL CURB 24" HDPE 72" RCP 154+00153+00 153+50 154+50 LANDSCAPING AREA TO BE MAINTAINEDBY OC SAN (WITHIN OC SAN PROPERTY) LANDSCAPING AREA TO BE MAINTAINEDBY OC SAN (WITHIN CALTRANS ROW) PROJECT SPECIFIC MAINTENANCE AGREEMENT EXHIBIT A - FACILITY MAINTENANCE EXHIBIT August 19, 2024 CALTRANS DISTRICT 12 1750 E. 4TH STREET, SUITE 100 SANTA ANA, CA 92705 ATTN: Sarah Rodriguez Department of Finance RE: Statement of Self Insurance for the Orange County Sanitation District Related to Project Specific Maintenance Agreement with State of California Department of Transportation (“STATE”) for the Bay Bridge Pump Station Replacement Project and related facilities along Highway 1at PM 18-18.4. Dear Sarah Rodriguez The purpose of this letter is to certify that the OC SAN is self-insured and self- funded covering third-party claims arising out of its general operations (for example, commercial general liability and automobile liability insurance). Further the OC SAN is self-insured covering workers’ compensation claims and has received the consent of the State Department of Industrial Relations to do so. Each fiscal year, as a part of its budgetary process, the OC SAN appropriates funds specifically to satisfy valid third-party claims and workers’ compensation claims, which may be brought against the OC SAN. The OC SAN certifies its self-insured, general liability coverage for bodily injury liability and property damage liability, meets the required coverage amounts in section 11 (INSURANCE) of the Maintenance Agreement, specifically general liability insurance, coverage of bodily injury liability and property damage liability in an amount of $1 million per occurrence and $2 million in aggregate and $5 million in excess. The OC SAN further represents that regarding any claims made in connection with the Maintenance Agreement by the STATE, the STATE will be first-in-line regarding the reserved, self-insured amounts. If you need any additional information regarding this letter, please direct those inquires through my office. Sincerely, John Preston Risk Management/Financial Services Consultant OC San STEERING COMMITTEE Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3782 Agenda Date:8/28/2024 Agenda Item No:13. FROM:Robert Thompson, General Manager Originator: Mike Dorman, Director of Engineering SUBJECT: BAY BRIDGE PUMP STATION REPLACEMENT, PROJECT NO. 5-67 GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: A. Approve a Utility Permit Agreement with the County of Orange for installing force mains under the Lower Newport Bay Channel for the Bay Bridge Pump Station Replacement, Project No. 5- 67; and B. Approve a one-time payment of $5,000 to the County of Orange for fees associated with the Utility Permit Agreement. BACKGROUND The Bay Bridge Pump Station is located on East Coast Highway just east of the Lower Newport Bay Channel.The force mains are routed under East Coast Highway and Lower Newport Bay Channel. The pump station and force mains are critical to the Orange County Sanitation District’s (OC San) infrastructure as it conveys over half of Newport Beach’s wastewater.The pump station and force mains are at the end of their useful life and require replacement to ensure continuous service. The new force mains will be constructed under the East Coast Highway and Lower Newport Bay Channel via micro tunneling.The Lower Newport Bay Channel is part of the tidelands and submerged lands granted in trust to the County of Orange by the State of California. RELEVANT STANDARDS ·Maintain collaborative and cooperative relationships with regulators,stakeholders,and neighboring communities PROBLEM OC San cannot construct the new force mains underneath the Lower Newport Bay Channel without permission in the form of a Utility Permit Agreement with the County of Orange. Orange County Sanitation District Printed on 8/20/2024Page 1 of 3 powered by Legistar™ File #:2024-3782 Agenda Date:8/28/2024 Agenda Item No:13. PROPOSED SOLUTION Enter into a Utility Permit Agreement with the County of Orange to install the new force mains underneath the Lower Newport Bay Channel. TIMING CONCERNS Construction cannot begin until this agreement is in place.Delaying the approval of this agreement could delay the start of construction which is scheduled to start in the first quarter of 2025. RAMIFICATIONS OF NOT TAKING ACTION The reliability of the system will remain compromised until the pump station and force mains are replaced.There is a risk of pump station and force mains failure,potentially causing a spill into the Lower Newport Bay Channel. PRIOR COMMITTEE/BOARD ACTIONS September 2023 -Approved a License Agreement with the City of Newport Beach for the construction staging area for the Bay Bridge Pump Station and Force Mains Replacement,Project No. 5-67. July 2023 -Adopted Resolution No.OC SAN 23-13 entitled,“A Resolution of the Orange County Sanitation District Board of Directors receiving and filing the Addendum to the Environmental Impact Report for the Bay Bridge Pump Station and Force Mains Replacement Project No.5-67 and approving the Modified Project”. February 2021 -Adopted Resolution No.OC SAN 21-03,entitled:“A Resolution of the Board of Directors of the Orange County Sanitation District Certifying the Environmental Impact Report for the Bay Bridge Pump Station and Force Mains Replacement Project,Project No.5-67;Adopting the Mitigation Monitoring Program;and Approving the Bay Bridge Pump Station and Force Mains Replacement Project, Project No. 5-67”. ADDITIONAL INFORMATION N/A CEQA OC San,as lead agency,prepared a Final Program Environmental Impact Report ("EIR")for the Bay Bridge Pump Station and Force Mains Replacement Project,Project No.5-67,dated May 2018.OC San ultimately certified the EIR for the Project on February 24,2021.In response to a court ruling, the project was modified and the impacts of those modifications were analyzed in an Addendum to the EIR.OC San received and filed the Addendum and approved the modified project on July 26, 2023. (Public Resources Code Section 21166; CEQA Guidelines Section 15162, 15164.) Orange County Sanitation District Printed on 8/20/2024Page 2 of 3 powered by Legistar™ File #:2024-3782 Agenda Date:8/28/2024 Agenda Item No:13. FINANCIAL CONSIDERATIONS This request complies with the authority levels of OC San’s Purchasing Ordinance.This item has been budgeted (Budget FY 2024-25 and 2025-26,Section 8,Page 27,Bay Bridge Pump Station Replacement, Project No. 5-67) and the budget is sufficient for the recommended action. ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Utility Permit Agreement CM:lb Orange County Sanitation District Printed on 8/20/2024Page 3 of 3 powered by Legistar™ 1 55880.00900\42505462.1 RECORDED AT THE REQUEST OF AND WHEN RECORDED MAIL TO: Orange County Sanitation District Clerk of the Board 18480 Bandilier Circle Fountain Valley, CA 92708 WITH A COPY TO: County of Orange c/o CEO/ Real Estate Attn: Chief Real Estate Officer County Administration North 400 W. Civic Center Drive, Fifth Floor Santa Ana, CA 92701 Recording Fee Exempt per Government Code 6103 THIS SPACE FOR RECORDER’S USE ONLY HA55B-150 Lower Newport Bay, OC SAN Pipeline UTILITY PERMIT AGREEMENT This UTILITY PERMIT AGREEMENT (“Agreement”) is entered on , 2024 (“Agreement Date”), by and between COUNTY OF ORANGE, a political subdivision of the State of California, (“County”) and ORANGE COUNTY SANITATION DISTRICT, a special DISTRICT, established by the California State Legislature (“OC SAN”). The County and OC SAN may be referred to herein individually as “Party” and collectively as “Parties.” RECITALS A. As of the Effective Date, the State of California granted to County all that portion of tidelands and submerged lands bordering upon and under Newport Bay in the County of Orange, which are outside of the corporate limits of the City of Newport Beach, a municipal corporation. B. The Permit Area, as defined in Section 1 below, is tidelands and submerged land granted in trust to the County by legislative act (Chapter 526, Statutes of 1919 as amended by Chapter 415 of the Statutes of 1975) (“Tidelands Grant”). The Tidelands are depicted in Exhibit A (Tideland Map), which is attached hereto and by reference made a part hereof. 2 55880.00900\42505462.1 C. The County agrees to provide a permit for OC SAN to perform work and maintain an underground high-pressure pipeline as set forth in this Agreement. D. OC SAN shall apply and must secure any applicable permit for the uses included in this Agreement as set forth herein, which may include but is not limited to architectural drawings, insurance and furnish evidence that assures County that sufficient monies will be available to complete the proposed construction. E. As the Tidelands Grant precludes the County from conveying utility easements within the Tidelands, the County and OC SAN desire to enter into this Agreement to memorialize OC SAN’s rights within the Permit Area to access, inspect, operate, repair, maintain, replace, remove, relocate, alter, and use OC SAN Facilities (defined below). AGREEMENT NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of which is hereby acknowledged and accepted, the Parties agree as follows: 1. PERMIT. County hereby grants to OC SAN a Permit (“Permit”) (a) in, on, under, and through those portions underneath Lower Newport Bay at Pacific Coast Highway overpass to a depth of Two Hundred (200) feet, as shown in Exhibit B (Cross Section Depiction), which exhibit is attached hereto and by reference made a part hereof and depicted in Exhibit C (“Permit Area”) which exhibit is attached hereto and by reference made a part hereof; (b) to access, inspect, operate, repair, maintain, replace, remove, add, relocate, alter, and use pipelines together with braces, connections, fastenings, communication cables, meters, manholes, valves, and other appurtenances and fixtures in connection therewith or appurtenant thereto (“OC SAN Facilities”); and (c) with ingress and egress to OC SAN Facilities at such places and in such manner as may be reasonably necessary for the purposes described herein. OC SAN's use of the Permit Area shall be limited to replacing the existing force mains crossing the Newport Bay in Newport Beach, California. The force mains consist of two 24-inch diameter pipelines which cross under Pacific Coast Highway (PCH) to the southwest and then west under the Newport Bay Channel (Channel). The existing force mains will be abandoned in place and replaced with new 24-inch diameter pipelines inside a 72-inch diameter casing. OC SAN agrees not to use the Permit Area for any other purpose nor to engage in or permit any other activity within or from the Permit Area. OC SAN further agrees not to conduct or permit to be conducted any public or private nuisance in, on, or from the Permit Area, not to commit or permit to be committed waste on the Permit Area, and to comply with all governmental laws and regulations in connection with its use of the Permit Area. 1.1. The Permit shall carry with it the right to mark the location of the Permit Area by suitable markers at locations which shall not interfere with County’s reasonable use of the Permit Area. 1.2. County reserves the right to full use and enjoyment of the Permit Area, except for the 3 55880.00900\42505462.1 purposes described above and herein granted to OC SAN, provided that County’s use and enjoyment shall not materially hinder, conflict, or interfere with the exercise of OC SAN’s rights hereunder, unless otherwise approved by OC SAN. 1.3 OC SAN shall be responsible for the maintenance, detection and notification of any defects or problems, including but not limited to leaks, breaks, obstructions and structural failures of the force sewer main and associated infrastructure. OC SAN shall repair any damage and perform associated clean up as required by applicable local, state and federal rules and regulations governing the Permit Area. 2. TERM. The term of the Permit and this Agreement shall be fifty (50) years commencing on the Agreement Date (“Term”). The Term may be extended upon an express written and recorded amendment by the Parties. 3. OWNERSHIP AND MAINTENANCE. OC SAN Facilities shall at all times remain the property of OC SAN notwithstanding OC SAN Facilities may be annexed or affixed to the freehold and shall at any time and from time to time be removable, in whole or in part, pursuant to repair or maintenance operations of OC SAN Facilities as deemed necessary by OC SAN in its sole discretion. OC SAN Facilities shall be operated and maintained by OC SAN according to OC SAN standards at no cost to County. 4. PERMIT FEE (SRLic-1.8 S) OC SAN agrees to pay a one-time administrative cost in connection with the processing of this Agreement in the amount of Five Thousand dollars ($5,000.00) upon execution of this Agreement by County. 5. REMOVAL/ABANDON IN PLACE. If (a) OC SAN Facilities is ordered to be discontinued by any governmental authority or court of competent jurisdiction, or (b) the use of OC SAN Facilities is suspended for a period of more than one year without written notice from the OC SAN to County of (i) the circumstances affecting such suspension and (ii) OC SAN’s intention to resume usage of OC SAN Facilities within a one (1) year period, then OC SAN, at written request of the County’s Chief Real Estate Officer or designee (hereinafter referred to as “CREO”), and at no cost to County, shall, within one (1) year of such notice, (x) re-commence operations of the respective OC SAN Facilities or (y) commence either the removal or abandonment in place, at OC SAN’s sole discretion, of the discontinued/suspended OC SAN Facilities. The OC SAN shall provide written notice of its election to the CREO within said one (1) year period; failure to timely respond shall be deemed OC SAN’s election to abandon said OC SAN Facilities. Should OC SAN elect to remove/abandon in place, OC SAN shall use good faith, best efforts to complete the removal or abandonment within one (1) year of the end of said one (1) year period. Notwithstanding anything else herein to the contrary, if OC SAN elects removal, OC SAN, at no cost to County, shall restore the disturbed surface of the affected Permit Area, to the extent provided in Section 1, within the time periods set forth herein. Should OC SAN elect to abandon in place, OC SAN take all reasonable steps to ensure OC SAN Facilities are secured and kept in a condition that shall not result in any interference of County’s use of the area or result in any damage, including but not limited to unreasonable environmental 4 55880.00900\42505462.1 contamination as set forth by law or any regulation set forth by any governmental agency with applicable jurisdiction. If at any time OC SAN Facilities are deemed unsafe or otherwise ordered to be removed by a court of competent jurisdiction or removal is the most feasible means to comply with a court order or any regulatory agency’s directions, then OC SAN shall comply with, and be financially responsible for, complying with such orders or directions. All terms of this Permit related to OC SAN’s requirements to indemnify and hold County harmless shall survive termination of this Permit as it relates to the abandonment or removal of OC SAN’s Facilities. Upon request by County, OC SAN shall also execute and record in the Official Records of Orange County, California, a quitclaim agreement sufficient to remove the encumbrance of this Agreement from title to the Permit Area. 6. REVISION OF PERMIT AREA. In the event the attached Exhibit C is subsequently determined by the Parties to inaccurately describe the location of OC SAN Facilities, the Parties agree that an Amended Exhibit C approved in writing by the Parties will be immediately prepared and recorded by OC SAN, which will replace and supersede Exhibit C. Amended Exhibit C will not affect, alter, or change the Permit. Furthermore, the Permit will be deemed to be amended and will relate back and be in place as of the initial date of this Permit prior to the amendment of Exhibit C. 7. RELEASE OF LIABILITY. OC SAN hereby releases and waives all claims and recourse against County whatsoever, including the right of contribution for loss or damage of persons or property, including, but not limited to, County, its officials, officers, agents, employees, and contractors arising from, growing out of, or in any way connected with or related to this Agreement and Permit, except claims or recourse arising from the willful misconduct or active or sole negligence of County, its elected or appointed officials, officers, agents, employees and contractors. 7.1 OC SAN acknowledges that it is familiar with the language and provisions of California Civil Code Section 1542 which provides as follows: A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party. OC SAN, being aware of and understanding the terms of Section 1542, hereby waives all benefit of its provisions to the extent described in this paragraph. 8. MECHANICS LIENS OR STOP-NOTICES (SRLic-2.6 S) OC SAN shall at all times indemnify, defend with counsel approved in writing by County and save County harmless from all claims, losses, demands, damages, cost, expenses, or liability costs for labor or materials in connection with maintenance, construction, repair, alteration, or installation of structures, improvements, equipment, or facilities within the Permit Area, and from the cost of defending against such claims, including attorneys’ fees and costs. In the event a lien or stop notice is imposed upon the Permit Area as a result of such construction, 5 55880.00900\42505462.1 repair, maintenance, alteration, or installation, OC SAN shall either: A. Record a valid Release of Lien, or B. Procure and record a bond in accordance with Division 4, Part 6, Title 2 of the Civil Code, which frees the Permit Area from the claim of the lien or stop-notice and from any action brought to foreclose the lien. Should OC SAN fail to accomplish either of the two optional actions above within fifteen (15) days after the filing of such a lien or stop notice, OC SAN shall be in default and this Agreement and Permit shall be subject to immediate termination by the County. 9. INDEMNIFICATION. OC SAN hereby agrees to indemnify, hold harmless, and defend with counsel approved by County, County, its elected or appointed officials, officers, agents, employees and contractors, against any and all third-party claims, losses, demands, damages, cost, expenses, maintenance, construction, repair, alteration or installation of structures or liability for injury to any persons or property, including, but not limited to, County, its officials, officers, agents, employees, and contractors arising out of the operation, removal, abandonment, or maintenance of OC SAN Facilities, and/or OC SAN’s exercise of the rights under the Permit, except for liability arising out of the willful misconduct or active or sole negligence of County, its elected or appointed officials, officers, agents, employees and contractors), including the cost of defense of any lawsuit arising therefrom. 9.1. If County is named as co-defendant in a lawsuit, except for a lawsuit arising out of the County’s willful misconduct or active or sole negligence, OC SAN shall notify County of such fact and shall represent County in such legal action unless County undertakes to represent itself as co- defendant in such legal action, in which event, OC SAN shall pay to County its reasonable litigation costs, expenses, and attorney’s fees. If judgment is entered against County and OC SAN by a court of competent jurisdiction because of the active negligence of County and OC SAN, County and OC SAN agree that liability will be apportioned as determined by the court. Neither Party shall request a jury apportionment. 10. LIABILITY FOR HAZARDOUS OR TOXIC MATERIALS. The OC SAN shall not cause any “Hazardous Material” as hereinafter defined, or permit any Hazardous Material by an OC SAN employee, contractor, subcontractor, or agent, to be brought upon, kept, or used in or about the Permit Area without the County’s written permission, except wastewater being transported via OC SAN Facilities in compliance with all applicable laws, rules, orders or ordinances. If OC SAN breaches the obligations stated herein, or if contamination of the Permit Area by Hazardous Material otherwise occurs for which OC SAN is legally liable to County for damage resulting therefrom, then OC SAN shall indemnify, defend with counsel approved by County, and hold County, and their elected or appointed officials, officers, employees, and agents harmless from any and all claims, judgments, damages, penalties, fines, costs, liabilities, or losses (including without limitation, diminution in value of the Permit Area, sums paid in settlement of claims, attorney fees, consultant fees, and expert witness fees) caused by OC SAN’s use of the Permit Area as a result of such contamination. 10.1. This indemnification includes, without limitation, costs incurred by County in connection with any investigation of site conditions or any cleanup, remedial, removal, or restoration work required by any federal, state, or local governmental entity or agency because of Hazardous Material 6 55880.00900\42505462.1 being present in the soil or ground water under the Permit Area. OC SAN shall promptly take all action, at its sole cost and expense, as is necessary to clean, remove, and restore the Permit Area to its condition prior to the introduction of such Hazardous Material by OC SAN, provided OC SAN shall first have obtained County’s written approval and the approval of any necessary governmental entities or agencies. 10.2. As used herein, the term “Hazardous Material” does not include material used for the standard operation, maintenance, repair, replacement, alteration, or relocation of OC SAN Facilities, but otherwise means any hazardous or toxic substance, material, or waste which is or shall become regulated by any governmental entity or agency, including without limitation, County acting in its governmental capacity, the State of California, or the United States government. 11. EXCEPTIONS AND RESERVATIONS. This Agreement is subject to existing contracts, leases, licenses, easements, encumbrances, and claims which may affect the Permit Area (“Existing Encumbrances”), and the use of the word “grant” herein shall not be construed as a covenant against the existence of any thereof. 12. PERMITS AND LICENSES OC SAN shall be required to obtain and maintain throughout the Term of this Agreement any and all permits and/or licenses, such as, but not limited to Coastal Development Permit, which may be required in connection with the operation of the Permit Area as set out herein. Any terms or conditions placed upon OC SAN shall be the sole responsibility of OC SAN. No permit, approval, or consent given hereunder by County, in its governmental capacity, shall affect or limit OC SAN’s obligations hereunder, nor shall any approvals or consents given by County, as a Party to this Agreement, be deemed approval as to compliance or conformance with applicable governmental codes, laws, rules, or regulations. GENERAL PROVISIONS 13. INCORPORATION OF RECITALS. The Recitals set forth above are true and correct and are hereby incorporated by reference as though fully set forth herein. 14. SEVERABILITY. If any term, covenant, condition, or provision of this Agreement is held by a court of competent jurisdiction to be invalid, void, or unenforceable, the remainder of the provisions hereof shall remain in full force and effect to the fullest extent permitted by law, and the Parties shall negotiate in good faith to replace the unenforceable provision(s) in accordance with the original purpose and intent of this Agreement as set forth in the above Recitals. 15. SUCCESSORS AND ASSIGNS. The terms, conditions and provisions of this Agreement shall inure to the benefit of, and be binding upon, the Parties and their respective successors and assigns. 16. ENTIRE AGREEMENT AND CONSTRUCTION. This Agreement contains the entire agreement between the Parties with respect to the matters herein and there are no restrictions, 7 55880.00900\42505462.1 promises, warranties or undertakings other than those set forth or referred to herein. The Agreement will be construed and interpreted as drafted by both Parties. 17. ATTORNEY’S FEES. In any action or proceeding brought to enforce or interpret any provision of this Agreement, or where any provision hereof is validly asserted as a defense, each party shall bear its own attorneys’ fees and costs. This Section shall survive the expiration or termination of this Agreement. 18. AMENDMENTS. Except as expressly set forth herein, no alteration or variation of the terms of this Agreement shall be valid unless made in writing and signed by the Parties, and no oral understanding or agreement not incorporated herein shall be binding on any of the Parties. Any amendment or cancellation of this Agreement shall be recorded in the Official Records of the County of Orange. 19. WAIVER OF RIGHTS. The failure of the Parties to insist upon strict performance of any of the terms, covenants, or conditions of this Agreement shall not be deemed a waiver of any right or remedy that the Party may have, and shall not be deemed a waiver of the right to require strict performance of all the terms, covenants, and conditions of the Agreement thereafter, nor a waiver of any remedy for the subsequent breach or default of any term, covenant, or condition of the Agreement. 20. VENUE. This Agreement has been negotiated and executed in the State of California and shall be governed by and construed under the laws of California. In the event of any legal action to enforce or interpret this Agreement, the sole and exclusive venue shall be a court of competent jurisdiction located in Orange County, California, and the Parties hereby submit to the jurisdiction of such court, notwithstanding Code of Civil Procedure Section 394. 21. NOTICES. All notices, documents, correspondence, and communications concerning this Agreement shall be addressed as set forth in this paragraph, or as the Parties may hereafter designate by written notice, and shall be sent through the United States mail, duly registered or certified with postage prepaid. Any such mailing shall be deemed served or delivered 24 hours after mailing. Notwithstanding the above, the Parties may also provide notices, documents, correspondence, or such other communications to the other Party by personal delivery, regular mail, or facsimile and, so given, shall be deemed to have been given upon receipt if provided by personal delivery or facsimile, or 48 hours after mailing if provided by regular mail. OC SAN: Orange County Sanitation District Clerk of the Board 18480 Bandilier Circle Fountain Valley, CA 92708 8 55880.00900\42505462.1 COUNTY: County of Orange c/o CEO Real Estate Attn: Chief Real Estate Officer County Administration North 400 W. Civic Center Dr., Fifth Floor Santa Ana, CA 92701 And OC Parks Attn: Director 13042 Old Myford Rd. Irvine, CA 92602 22. FURTHER COOPERATION. The Parties agree to execute, acknowledge if appropriate, and deliver any and all documents and cooperate in performing any and all acts in any commercially reasonable manner as may be necessary to carry out the intent of this Agreement, as set forth in the Recitals, and to implement the terms and conditions of this Agreement. 23. COUNTERPARTS. This Agreement may be executed in counterparts, which, when taken together, shall constitute one agreement, binding upon the Parties. 24. RECORDATION. This Agreement shall be recorded with the Orange County Recorder’s Office. Each Party agrees to provide such original and notarized signatures as are required for such recording. 25. ATTACHMENTS TO UTILITY PERMIT AGREEMENT(SRLic-5.9S) This Agreement includes the following, which are attached hereto and made a part hereof: I. EXHIBITS Exhibit A – Tideland Map Exhibit B – Cross Section Depiction Exhibit C – Depiction of Permit Area 9 55880.00900\42505462.1 IN WITNESS WHEREOF, the Parties have executed this Agreement the day and year first above written. APPROVED AS TO FORM: OFFICE OF COUNTY COUNSEL ORANGE COUNTY, CALIFORNIA By: Deputy RECOMMENDED FOR APPROVAL: County Executive Office By: Real Estate Manager ORANGE COUNTY SANITATION DISTRICT By: Ryan P. Gallagher Board Chairman ATTEST: ____________________________ Kelly A. Lore, MMC Clerk of the Board APPROVED AS TO FORM: By: Scott C. Smith, General Counsel SIGNED AND CERTIFIED THAT A COPY OF THIS DOCUMENT HAS BEEN DELIVERED TO THE CHAIR OF THE BOARD PER GC § 25103, RESO. 79-1535 Attest: ROBIN STIELER Clerk of the Board of Supervisors of Orange County, California COUNTY COUNTY OF ORANGE Chair of the Board of Supervisors Orange County, California 55880.00900\42505462.1 EXHIBIT A Tideland Map 10 Approximate Location of Force Main 55880.00900\42505462.1 EXHIBIT B Cross Section Depiction 55880.00900\42505462.1 EXHIBIT C Depiction of Permit Area STEERING COMMITTEE Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3783 Agenda Date:8/28/2024 Agenda Item No:14. FROM:Robert Thompson, General Manager Originator: Jennifer Cabral, Director of Communications SUBJECT: UPDATE TO RULES OF PROCEDURE FOR THE CONDUCT OF BUSINESS OF THE ORANGE COUNTY SANITATION DISTRICT GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: A. Approve moving the consideration of legislative and public affairs matters from the Steering Committee to the Administration Committee; and B. Adopt Resolution No. OC SAN 24-09 entitled: “A Resolution of the Board of Directors of the Orange County Sanitation District establishing Rules of Procedure for the Conduct of Business of the Orange County Sanitation District, and repealing Resolution No. OC SAN 22-37”. BACKGROUND The Legislative and Public Affairs Committee (LaPA)began in September 2013 as a Special Committee.In January 2015,Board leadership directed staff to establish LaPA as a Standing Committee.The Committee met seven times per year to provide updates and make recommendations on matters related to the legislative and public affairs programs of the Orange County Sanitation District (OC San).In December 2022,the Board of Directors sunsetted the committee and moved the legislative and public affairs business to the Steering Committee’s authority. RELEVANT STANDARDS ·Ensure the public’s money is wisely spent ·Maintain a culture of improving efficiency to reduce the cost to provide the current service level or standard ·Maintain influential legislative advocacy and a public outreach program PROBLEM The allowable time for the legislative and public affairs business to be highlighted is not sufficient during the Steering Committee meetings. Orange County Sanitation District Printed on 8/20/2024Page 1 of 2 powered by Legistar™ File #:2024-3783 Agenda Date:8/28/2024 Agenda Item No:14. PROPOSED SOLUTION Move the purview of the legislative and public affairs business to the Administration Committee’s authority,which will allow extended time for presentation and consideration of legislative and public affairs matters. Staff will continue to keep the Board informed of legislative and public affairs activities by moving the items to the Board for approval as receive and file.This solution requires that the Board of Directors Rules of Procedure Resolution be modified. The proposed Resolution is attached. TIMING CONCERNS N/A RAMIFICATIONS OF NOT TAKING ACTION N/A PRIOR COMMITTEE/BOARD ACTIONS December 2022 -Adopted Resolution No.OC SAN 22-37 entitled,“A Resolution of the Board of Directors of the Orange County Sanitation District establishing Rules of the Procedure for the Conduct of Business of the Orange County Sanitation District;and repealing Resolution No.OC SAN 21-04”. FINANCIAL CONSIDERATIONS N/A ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Resolution No. OC SAN 24-09 - Redline ·Resolution No. OC SAN 24-09 - Clean Orange County Sanitation District Printed on 8/20/2024Page 2 of 2 powered by Legistar™ OC SAN 22- 3724-09-17 RESOLUTION NO. OC SAN 22-3724-09 A RESOLUTION OF THE BOARD OF DIRECTORS OF ORANGE COUNTY SANITATION DISTRICT ESTABLISHING RULES OF PROCEDURE FOR THE CONDUCT OF BUSINESS OF THE ORANGE COUNTY SANITATION DISTRICT, AND REPEALING RESOLUTION NO. OC SAN 21-0422-37 WHEREAS it is necessary to establish rules of procedure to facilitate the orderly handling of business to come before the Orange County Sanitation District (OC San) Board of Directors and Standing, Steering, Special and Ad Hoc Committees. NOW THEREFORE, the Board of Directors of the Orange County Sanitation District DOES HEREBY RESOLVE, DETERMINE AND ORDER: Section 1: Rules of Procedure. That the following rules of procedure be adopted for the conduct of business of the Orange County Sanitation District (Sanitation District): A. Regular Meetings. There shall be a regular monthly meeting of the Board of Directors of OC San on the fourth Wednesday of every month at 6:00 p.m., in the Administrative Offices of OC San, located at 10844 Ellis Avenue,18480 Bandilier Circle, Fountain Valley, California; provided, however, if the fourth Wednesday of the month falls upon a legal holiday, said monthly meeting shall be held on the next day thereafter, at the same time and place, unless the Board of Directors adjourns to a different date and time. The Board of Directors may adjourn any regular, special or adjourned special meeting to a time and place certain, as specified in the order of adjournment. B. Special Meetings. A special meeting of the Board of Directors may be called in either one of the following ways: (1) By the Chairperson of the Board of Directors; or (2) By the written request of a majority of the Steering Committee delivered to the Clerk of the Board. The call or notice for special meeting shall be in writing and delivered electronically or by mail at least twenty-four (24) hours before the time of such meeting, as specified in the notice. Any notice deposited in the regular mail addressed to a Director at the address he or she has on file with the Clerk of the Board postage prepaid, sixty (60) hours in advance of any such meeting as specified in the notice, shall be presumed to have been delivered. If the notice is delivered electronically, the Clerk of the Board should use an electronic “read receipt” to ensure delivery. If a Director has not read the notice, the Clerk OC SAN 22- 3724-09-2 will diligently attempt to contact the Director by telephone as soon as possible after the publication of the notice. The call or notice shall specify the time and place of the special meeting, a description of the business to be transacted and copies of all pertinent material. Such notice may be dispensed with as to any Director or Alternate Director who, at or prior to the time the meeting convenes, files with the Clerk of the Board a written waiver of notice. Such waiver may be given by facsimile or electronic mail. Such notice may also be dispensed with as to any member who is actually present at the meeting at the time it convenes. The Clerk of the Board shall diligently attempt to notify each Director personally of the time, place and purpose of said meeting, not less than twenty-four (24) hours before the time of said meeting. The call or notice shall be posted in the administrative offices’ public lobby and in a location freely accessible to the public at least twenty-four (24) hours prior to the special meeting. C. Meetings Adjourned by Clerk of the Board. If at any regular, adjourned regular, special or adjourned special meeting there is not a quorum of Directors present, the Clerk of the Board may declare the meeting adjourned to a stated time and place and shall cause written notice of the adjournment to be given in the same manner as for a special meeting, unless such notice is waived as provided for in special meetings. Within twenty-four (24) hours after the time of the adjournment, a copy of the order or notice of adjournment shall be conspicuously posted on or near the door of the place where the meeting was held and, in a location, freely accessible to the public. D. Notices to News Media. When any local newspaper of general circulation, radio or television station requests, in writing, notices of meetings of the Board of Directors, the Clerk of the Board shall thereafter, until receipt of a notice terminating said request, deliver notices of regular, regular adjourned and special adjourned meetings to such newspapers, radio or television stations. Delivery shall be made in the same manner as delivery is made to the Directors. E. Conduct of Meetings. (1) Procedural Rules. The procedural rules for debate and action shall be as set forth in Table 1, attached hereto and adopted herein by reference. Robert’s Rules of Order shall not be applicable or govern the procedures for the conduct of OC San business. (2) Legal Officer. In any case of ambiguity or uncertainty in the interpretation or application of these Rules to any procedure, the presiding officer may direct such question for a ruling to the Board’s General Counsel, who shall be the parliamentarian of the Board. OC SAN 22- 3724-09-3 (3) Obtaining the Floor and Making Motions. Any member of the Board wishing to speak, or any member of the public wishing to address the Board, must first be recognized by the Chairperson. The Chairperson must recognize any member of the Board who seeks the floor when appropriately entitled to address the Board. Any member of the Board, including the Chairperson, may bring a matter of business properly before the Board by making a motion. Any member, including the Chairperson, except the member making the motion, may second the motion. Once a motion is seconded, it may be opened for discussion and debate, in accordance with the procedures in Subsection (4) below. (4) Rules for Discussion, Debate and Deliberation by the Board. The procedures for consideration and action on all matters to come before the Board shall be in compliance with the terms of this Section, as follows: (a) Each item on the Agenda will be introduced in a form of a report by either the General Manager, a member of the Executive Management Team, General Counsel, Special Counsel, or the Clerk of the Board. (b) Upon completion of the report, the Chairperson will allow for direct questions regarding the item, by Directors, each in turn, and in the order as selected by the Chairperson. (c) Upon completion of the question period, the Chairperson will entertain a motion and second for consideration by the Board. (d) Discussion among the Directors will follow. Each Director will be recognized to address the Board in the order selected by the Chairperson, with a five (5) minute time limit for each Member wishing to speak on the Agenda item, unless the time limit is waived by the Chairperson. Directors should limit comment to the subject matter, item, or motion currently being considered. There will be no interruptions of the Director who has been recognized. Attempted interruptions will be declared out-of-order, and the Director attempting to interrupt will be asked to remain silent until recognized. (e) As an additional courtesy to everyone, repetition of comments will be discouraged in the interest of time and, at the discretion of the Chairperson, can be declared out-of-order. (f) After each Member who wishes to speak has been recognized and completed their remarks, a single three (3) minute period of rebuttal will be allowed any Director, unless the time limit is waived by the Chairperson. (g) If it appears to the Chairperson that any Director is pursuing a line of questioning or commentary due to lack of preparation or prior review with OC San’s Staff, the Director’s time will be declared to have been used up, and no further inquiry will be allowed. OC SAN 22- 3724-09-4 (h) Upon adoption of a motion on an Agenda item, there will be no further discussion of that item. (5) Decorum in Debate. All Members shall address their remarks to the Chairperson and confine them to the business then pending and subject to discussion before the Board, avoiding personalities and reflections upon anyone’s motives. (6) Closing or Limiting Debate. At all times, the Board shall endeavor to allow free and open debate among Members of the Board. However, in the discretion of the Chairperson, it may become necessary to close or limit debate, so that action can be taken by the Board. An order by the Chairperson closing or limiting the debate can only be set aside by a majority vote of the Board. F. Quorum. A majority of the Directors shall constitute a quorum of the Board. G. Chairperson and Vice Chairperson of the Board. A Chairperson and Vice Chairperson of the Board shall be elected by a majority vote of Directors at the regular meeting in June of each year and will assume office July 1st. The nominations for Chairperson and Vice Chairperson shall be made at the regular Board meeting in May of each year. Any person nominated for Chairperson shall be deemed to be nominated for Vice Chairperson in the event the person is not elected as Chairperson. Thereafter, the nominees shall prepare a statement setting forth their qualifications for the office sought. The statements should be forwarded to the Clerk of the Board who will in turn forward by electronic mail to the members of the Board of Directors with the Agenda and other meeting material for the June regular meeting. If only one individual is nominated for Chairperson at the regular Board meeting in May, that individual shall be deemed elected as Chairperson, no election shall be held in June, and the individual shall assume office July 1st. If only one individual is nominated for Vice Chairperson at the regular Board meeting in May, that individual shall be deemed elected as Vice Chairperson, no election shall be held in June, and the individual shall assume office July 1st. The Chairperson and Vice Chairperson shall serve at the pleasure of a majority of the Directors. In the event the office of Chairperson becomes vacant due to resignation or retirement of the incumbent prior to the expiration of the regular term, the Vice Chairperson shall automatically succeed to the office of the Chairperson and shall continue to serve through the remainder of the regular term unless sooner removed by action of a majority of the Directors. In the event the office of Vice Chairperson becomes vacant prior to the expiration of the regular term, nominations, and the election of a Director to serve in that capacity shall be conducted at the next regular Board meeting. The person so elected shall serve the balance of the regularly scheduled term unless sooner removed as a result of action by a majority of the Directors. The Chairperson shall not serve more than two consecutive one-year terms for which they have been elected to the office of Chairperson. The Vice Chairperson shall OC SAN 22- 3724-09-5 not serve more than two consecutive one-year terms for which they have been elected to the office of Vice Chairperson. H. Presiding Officer. The Chairperson of the Board shall preside during meetings of the Directors. In the absence of the Chairperson, the Vice Chairperson shall preside. I. Clerk of the Board and Minutes. The Board of Directors shall have a person designated to serve as Clerk of the Board. The Clerk of the Board will be appointed to the position by the General Manager and shall report to the General Manager or their designee. The Clerk of the Board will be a regular full-time employee, subject to all the rules and policies applicable to all regular full-time employees. The Clerk of the Board shall attend all meetings of the Board of Directors, unless excused by the Chairperson, and shall prepare an accurate record of each meeting for submission to the Directors and subsequent approval at the following meeting; provided, however, that when an adjourned, special or special adjourned meeting of the Board of Directors immediately precedes a regular meeting, Minutes of said meeting shall be submitted for approval at the next meeting of the Board following said regular meeting. In the preparation of Official Minutes of a meeting of the Board of Directors, the Clerk of the Board will not record the name of the Director who moves or who seconds the adoption of a motion or Resolution but will reflect the votes by name of each Director on each item brought before the Board. In the absence of the Clerk of the Board, an Assistant Clerk of the Board shall be appointed to exercise the duties of the Clerk of the Board. J. Regular Business to Come Before the Board of Directors. Insofar as practicable, all items of business to be taken up at a regular meeting of the Board shall be submitted to the Clerk of the Board, who shall include the Agenda all such items submitted by Directors, the General Manager and General Counsel, and all formal communications. The General Manager, in consultation with the Board Chairperson and Board Vice Chairperson, shall determine agenda items for OC San Board of Director Meetings. Directors should prepare in advance of meetings and be familiar with items on the agenda. Directors shall make a reasonable effort to meet with the General Manager or related staff before meetings to receive answers to questions regarding the agenda. The Order of Business on the agenda for regular meetings of the Board of Directors shall be: i. Call to Order i. ii. Invocation and Pledge of Allegiance iii. Roll Call and Declaration of Quorum iv. Public Comment - Pursuant to the Brown Act, public comment will be allowed on items on the Board/Committee agendas at the beginning of the meeting either on agenda items or general comments within Formatted: Not Expanded by / Condensed by Formatted: Right, Indent: Left: 2.11", No bullets or numbering OC SAN 22-3724- 09-6 the subject matter jurisdiction of OC San. Public comments are limited to no more than three minutes each. Individuals desiring to speak are encouraged to submit a request to speak card or place an eComment online to the Clerk of the Board. v. Special Presentations - Special presentations shall be scheduled as necessary in recognition of employee or Director service, or other requested presentations. Requests for special presentation must be submitted to the Clerk of the Board in writing in advance of the agenda publication deadline. The Clerk of the Board will coordinate the scheduling of presentations with the Board Chairperson. vi. Board Chairperson / General Manager Reports - The reports portion of the meeting provides the Chairperson and the General Manager the opportunity to briefly comment on OC San business, operations, projects and other items of interest. vii. Public Hearings - Public Hearings may be required on certain items as prescribed by state or federal law. The regular time for public hearings is established by this resolution. viii. Elections – Annually or when deemed necessary. ix. Consent Calendar - Items on the Board/Committee Agenda which are considered to be of a routine nature by the General Manager shall be listed on the “Consent Calendar.” These items shall be approved, adopted, etc. by one motion of the Board and majority vote. Directors may comment on Consent Calendar items or ask for minor clarifications without the need for pulling the item for separate consideration. Items requiring deliberation should be pulled for separate consideration. x. Receive and File - Items that require no action; and if no objection, the Chairperson may so order. xi. Committee Items – Items approved at the monthly Committee meetings are brought forward under each Standing Committee title on the agenda for Board approval. These items may be treated as a consent calendar by one motion of the Committee and majority vote. xii. Non-Consent – Items on the Board/Committee Agenda which have not been previously considered and require study, report, or action. OC SAN 22-3724- 09-7 xiii. Information Items – Educational or Items of interest that require no action. xiv. AB 1234 Disclosure Reports – This item allows Board members to provide a brief oral report regarding the disclosure of outside committees, conferences, training, seminars, et. Attended at the Agency’s expense, per Government Code §53232.3(d). xv. Closed Session - During the course of conducting the business set forth on an agenda as a regular meeting, the Chairperson may convene the Board/Committee in closed session pursuant to pursuant to Government Code Sections 54956.8, 54956.9, 54957 or 54957.6, as noted. All written materials and verbal information regarding closed session items shall remain confidential. No member of the Board of Directors, employee of OC San, or any other person present shall disclose to any person the content or substance of any discussion which takes place in a closed session unless authorized by General Counsel and a majority of the Board of Directors. xvi. Other Business and communications or Supplemental agenda items – Prior to adjournment, the Board Chairperson will inquire if there is any other business to bring before the meeting. xvii. Board of Directors initiated items for a future meeting - This portion of the meeting allow Directors to request an agenda item for a future meeting. If the Board Chair or a majority of the body indicates support for the request at that time, then the item shall be placed on a future agenda. Upon support for the request, the Board of Directors/Committee will provide direction to staff on the information that is desired to be presented when the item is placed on a future agenda. xviii. Adjournment The Board Chairperson shall have the discretion to change the order of business. The Clerk of the Board shall electronically mail to each Director a notice of such regular meetings, together with a proposed Agenda, not later than the Friday immediately preceding such regular meetings. Said Agenda, insofar as possible, shall include copies of Resolutions, except as hereafter provided, and a description of all matters to be considered, together with any additional pertinent material. Agendas shall be posted in a location freely accessible to the public not less than seventy-two (72) hours in advance of the meeting. OC SAN 22-3724- 09-8 Resolutions designated as “standard” and adopted by the Board of Directors from time to time, and approved as to form and content, need not be included with said Agenda; provided, however, that the information completing said standard Resolutions shall be set forth on the Agenda listing, and copies of said standard Resolutions shall be on file with the Clerk of the Board at the meeting time and place. Items of business not known at the time the regular Agenda is electronically mailed as herein provided, may be considered as supplemental Agenda items; provided that all requirements of the Ralph M. Brown Act (California Government Code Sections 54950 et seq.) are satisfied. No business, except with consent of two-thirds of the Directors present (a majority of Directors present for emergency actions), and only if permitted by the Ralph M. Brown Act, not appearing on the regular or supplemental Agendas may be brought before the Board of Directors. The meeting Agenda shall provide for an opportunity for members of the public to address the Board on items on the Agenda and non-Agenda items of public interest. As determined by the Chairperson, speakers may be deferred until the specific Agenda item is taken for discussion, and remarks may be limited to three (3) minutes. Speakers on non-Agenda items may address only items that are within the subject matter jurisdiction of the Board of Directors. Time allotted for such presentations is limited to three (3) minutes or less. Total time allotted for all public input on each non-Agenda item is limited to thirty (30) minutes to one (1) hour, taking into consideration the number of persons filing a request to address the Board. However, time allotments may be waived by a majority vote of the Board. K. Handling of Business and Voting. During the course of a Board meeting, routine matters listed on the Agenda for consideration will be referred to by Agenda Item Number only. Voting on all Resolutions shall be by roll call, except if waived by unanimous voice vote, in which event, the Chairperson may order a unanimous ballot cast in favor of the motion or Resolution under discussion. The name of each Director shall be called only once. On matters of considerable interest or on which there appears to be a controversy, the motion or Resolution shall be read by title or repeated by the Chairperson. The Chairperson shall thereafter call for discussion of the motion or Resolution, at which time any member may discuss the pending matter. Any person other than a Director present at the meeting may speak on the motion if recognized by the Chairperson. Sole discretion as to the extent of discussion outside of the membership of the Board shall rest with the Chairperson. At the close of discussion, the Chairperson may, at the Chairperson’s discretion, repeat the motion or Resolution pending, and thereafter, call for a vote. OC SAN 22-3724- 09-9 The Clerk of the Board shall determine and state whether or not a motion or Resolution is adopted by roll call vote. On all other matters, the Chairperson shall determine the outcome of the voting. L. Committees. (1) Standing Committees. (a) Steering Committee: There shall be a permanent Committee designated as the Steering Committee, comprised of the Chairperson of the Board, the Vice Chairperson of the Board, the Chairperson of each of the Standing Committees and three at-large members selected by the Chairperson of the Board. The Vice Chairperson of each of the Standing Committees shall serve as the designated Alternate, in the absence or inability to serve by any Chairperson. In the absence or inability of any designated member of the Steering Committee to serve, his/her city/agency appointed Alternate Director may not serve in that member’s absence. The Committee shall conduct an annual performance evaluation of the General Manager and submit recommendations on their compensation to the Board of Directors. The Committee shall also review the General Manager’s evaluation and compensation of the executive management employees, based on established criteria, and executive management’s goals and objectives for the following year. The Committee shall also conduct an annual performance evaluation of General Counsel and submit recommendations to the Board of Directors as provided by Resolution No. OCSD 12-03. The Committee shall make recommendations to the Board of Directors on labor negotiations and other related activities as may be needed or appropriate. The Committee shall also be authorized to assign new subjects of significant importance to the appropriate Standing Committee for study, evaluation and recommendation. The Committee shall review issues pertaining to the impact on OC San of legislative and regulatory proposals and submit appropriate recommendations on the matters. The Committee shall also be responsible for overseeing the contractual arrangements with OC San’s legislative advocates to provide advocacy services in Sacramento and Washington, D.C. In carrying out its responsibilities, the Committee shall receive regular status reports from the advocates and staff and monitor and recommend positions on legislative and regulatory proposals. OC SAN 22-3724- 09-10 The Committee shall also review issues pertaining to OC San’s public outreach, branding, and communications activities, evaluate alternatives and make recommendations to the Board of Directors. The Steering Committee shall meet on the fourth Wednesday of each month at 5:00 p.m. preceding the Board’s meeting, or at the call of the Chairperson of the Board of Directors. (b) Administration Committee: There shall be a permanent Administration Committee (Finance & Administrative Services, Environmental Services, and Human Resources) to advise the Staff and make recommendations on matters related to the financial, budgeting, administrative, environmental and personnel policies and programs of OC San. The Committee shall review with the Staff the procedures for development, preparation and format of the annual budget and recommend appropriate change, and counsel the Staff during the budget process to assure the proper interpretation and implementation of the Board’s policies and that the desired procedures have been followed. The responsibility for consideration and adoption of OC San budget rests with the Board of Directors. The Committee shall periodically interview and recommend the selection of outside auditors. The Committee shall review the result of the annual audit of OC San’s accounts with representatives of the outside audit firm, including any comments received recommending improvements. The Committee shall review management’s response to these comments and make appropriate recommendations for implementation. Periodically, the Committee shall recommend employment of an outside firm to audit internal control procedures to safeguard the assets of OC San. The Committee shall interview and make recommendations on the employment of investment-banking firms, bond counsel and, if necessary or desired, financial advisors, to be used in connection with OC San’s financing programs. The Committee shall periodically coordinate recommendations on personnel audits of OC San’s operations or segments of the operations on an as-needed basis. The Committee shall make recommendations on personnel policies and procedures, insurers and coverage, procurement procedures and such other related activities as may be needed or appropriate. The Committee shall also review issues pertaining to OC San’s National Pollutant Discharge Elimination System (NPDES) Ocean Outfall Discharge Permit, including annual review of the contractor(s) performing the ocean monitoring and research OC SAN 22-3724- 09-11 programs required as a condition of said permit, and related issues regarding protection of the marine waters off metropolitan Orange County’s coastline from impacts resulting from OC San’s operations and discharge of treated wastewater. The Committee shall review issues pertaining to the impact on OC San of legislative and regulatory proposals and submit appropriate recommendations on the matters. The Committee shall also be responsible for overseeing the contractual arrangements with OC San’s legislative advocates to provide advocacy services in Sacramento and Washington, D.C. In carrying out its responsibilities, the Committee shall receive regular status reports from the advocates and staff and monitor and recommend positions on legislative and regulatory proposals. OC SAN 22-3724- 09-12 The Committee shall also review issues pertaining to OC San’s public outreach, branding, and communications activities, evaluate alternatives and make recommendations to the Board of Directors. The Chairperson of the Board of Directors shall appoint a Committee Chairperson and a Committee Vice Chairperson for the Administration Committee. The Committee Chairperson and Committee Vice Chairperson shall serve at the pleasure of the Chairperson of the Board of Directors. The Administration Committee shall consist of thirteen members, as follows: (1) The Chairperson of the Board of Directors; (2) The Vice Chairperson of the Board of Directors; (3) The Committee Chair of the Administration Committee; (4) The Committee Vice Chair of the Administration Committee; and (5) Nine additional Directors appointed by the Chairperson of the Board of Directors. Other than the Board Chairperson and the Board Vice Chairperson, no Director who serves on the Operations Committee shall be eligible to serve concurrently on the Administration Committee. In the absence of the Board Chairperson, his or her alternate Director may attend meetings of the Administration Committee. The Administration Committee shall meet on the second Wednesday of each month at 5:00 p.m., or at the call of its Chairperson. (c) Operations Committee: There shall be a permanent Committee designated the Operations Committee (Engineering and Operations & Maintenance). With the goal of compliance with all public health and environmental laws and regulations, the Operations Committee shall review and submit appropriate recommendations on the matters pertaining to the operation of OC San wastewater treatment process, including such matters as current and projected service/flow needs, level and quality of treatment, conservation, recycling and reuse activities and air quality issues. The Committee shall also review matters pertaining to contractual arrangements by OC San to provide sewerage services to areas outside OC San’s boundaries or approved spheres of influence. The Committee shall review plans for the future needs of OC San, explore alternatives and make recommendations to the Board of Directors. OC SAN 22-3724- 09-13 The Operations Committee shall also review and submit appropriate recommendations on matters pertaining to capital projects which address operational needs, including the selection of professional consulting services to assist in studying, planning and designing needed OC San wastewater treatment systems and support facilities, including computerized systems, in accordance with the Board’s established policies and procedures for procuring such services; the Committee shall further review construction projects for said facilities in accordance with applicable public works laws and Board policies. Said oversight shall include the contracts for professional services and public works construction projects and addenda or change orders thereto. In carrying out its responsibilities, the Committee shall receive advance notice and regular status reports on the projects from Staff, and monitor, visit and observe OC San wastewater systems operational functions and major capital construction projects. The Chairperson of the Board of Directors shall appoint a Committee Chairperson and a Committee Vice Chairperson of the Operations Committee. The Committee Chairperson and Committee Vice Chairperson shall serve at the pleasure of the Chairperson of the Board of Directors. The Operations Committee shall consist of fourteen members, as follows: (1) The Chairperson of the Board of Directors; (2) The Vice Chairperson of the Board of Directors; (3) The Committee Chair of the Operations Committee; (4) The Committee Vice Chair of the Operations Committee; and (5) Ten (10) additional Directors appointed by the Chairperson of the Board of Directors. Other than the Board Chairperson and the Board Vice Chairperson, no Director who serves on the Administration Committee shall be eligible to serve concurrently on the Operations Committee. In the absence of the Board Vice-Chairperson, his or her Alternate Director may attend meetings of the Operations Committee. The Operations Committee shall meet on the first Wednesday of each month at 5:00 p.m., or at the call of its Chairperson. (2) Special and Ad Hoc Committees. In addition to the Standing Committees, the Chairperson of the Board of Directors, the Chairperson of a Standing Committee or a majority of the Directors, may appoint from time to time, Special or Ad Hoc Committees to study and report on specific matters. Such Committees shall be temporary in nature, and their assignments shall pertain to a current, specific issue. Upon completion of the assigned task, the Ad Hoc or Special Committee will be dissolved. OC SAN 22-3724- 09-14 The Chairperson and Vice Chairperson of Special and Ad Hoc Committees shall be appointed by the Chairperson of the appointing authority. Each Special and Ad Hoc Committee shall meet at the call of its Chairperson. M. Alternate Directors: If a regular Director cannot attend a meeting of the Operations Committee, the Administration Committee or the full Board of Directors, the Director’s alternate may attend in place of his or her regular Director. An alternate Director may not, however, attend a meeting of any other Committee in the absence of his or her regular Director. An Alternate Director serving in place of a regular member shall not act as Chairperson or Vice Chairperson of the Board or any Committee, even if the absent regular member serves as Chairperson or Vice Chairperson of one of those bodies. If the regular Director and the Alternate Director are both unable to attend the meeting, the regular Director may request that the meeting be teleconferenced. The request may be approved, at the Board Chairperson’s discretion, provided that all requirements of the Ralph M. Brown Act (California Government Code Sections 54950 et seq.) are able to be satisfied. N. Motion to Refer to a Standing Committee. Any Director at a Board or Committee meeting may move to have a policy or any other activity affecting OC San, or any one of the member Agencies, referred to a Standing Committee for study and report. This motion shall be a privileged motion, and when duly seconded, discussion thereof shall be limited to Directors only. Said motion shall receive an affirmative vote of a majority of the Directors for adoption. O. All meetings of the Board of Directors shall be publicly available and recorded. The audio/video recording of any open and public meeting shall be subject to inspection pursuant to the California Public Records Act. Section 2: Procedure for Consideration of Demands for Corrective Action. A. Requirement of Written Demand. Prior to any person commencing a judicial action for injunction or mandamus to declare any action taken by the Board void because of failure to observe Brown Act requirements, such person must first serve upon the Clerk of the Board a written demand describing the alleged violation and demanding corrective action. Such demand must be served upon the Clerk of the Board within thirty (30) days of the complained of action. Failure to serve any such demand within this thirty (30) day period shall result in the loss of any right to challenge any action to have been taken in violation of Sections 54953, 54954.2 or 54956 of the California Government Code. B. Consideration of Corrective Action. Upon receipt of such a demand, consideration of the demand shall immediately be placed on the Agenda for the next meeting of the Board of Directors. If the demand is received less than seventy-two (72) hours prior to the time set for the next meeting, the Board may determine that the notice constitutes the initiation of litigation, and that the need to take action on the threatened OC SAN 22-3724- 09-15 litigation arose subsequent to the posting of the Agenda and may consider it at that meeting pursuant to Section 1(J) above. A description of any item so placed on the Agenda shall include both consideration of the demand, and the possibility of corrective action, by the Board. In considering such demands, the Board shall first determine, by motion, whether corrective action should be taken. If no motion to take corrective action is carried, the Clerk of the Board shall inform the demanding party in writing of the Board’s decision not to cure or correct the challenged action. C. Implementing Corrective Action. If a motion to take corrective action passes, the Chairperson may entertain a motion implementing corrective action. Any motion implementing corrective action shall address the concerns raised in the consideration of corrective action. The motion implementing corrective action may include a motion to rescind prior action taken, as appropriate. Passage of a motion to rescind invalidates prior action only as of the time of the passage of the motion, and not from the date of the initial action. A motion implementing corrective action resulting from a written demand is out-of-order if the action complained of (a) was in connection with the sale or issuance of notes, bonds or other evidence of indebtedness, or any contract, agreement or incident thereto; or (b) gave rise to a contractual obligation upon which a party has, in good faith, detrimentally relied. In any event, the Board shall notify the party making the demand in writing of its decision to take corrective action and shall describe any corrective action taken. This notice shall be given to the demanding party as soon as possible after the meeting, but in no event more than thirty (30) days after receipt of the demand. Section 4: Resolution No. OC SAN 21-0422-37 is hereby repealed. Section 5: This Resolution shall become effective immediately. PASSED AND ADOPTED at a regular meeting of the Board of Directors held December 15, 2022August 28, 2024. Ryan P. Gallagher Board Chairman ATTEST: Kelly A. Lore, MMC Clerk of the Board OC SAN 22-3724- 09-16 STATE OF CALIFORNIA ) ) ss COUNTY OF ORANGE ) I, Kelly A. Lore, Clerk of the Board of Directors of the Orange County Sanitation District, do hereby certify that the foregoing Resolution No. OC SAN 22-3724-XX was passed and adopted at a regular meeting of said Board on the 15th 28th day of December 2022,August 2024 by the following vote, to wit: AYES: Stephen Faessel, Ryan Gallagher, Marshall Goodman, Patrick Harper, Christine Marick, Sandra Massa-Lavitt, Jordan Nefulda (Alternate), Andrew Nguyen, David Shawver, Chad Wanke, John Withers, Dan Kalmick (Alternate), Farrah Khan (Alternate), Ted Lindsey (Alternate) and Connor Traut (Alternate) NOES: None ABSENT: Brad Avery, Rose Espinoza, Johnathan Ryan Hernandez, Steve Jones, Kim Nichols, Robert Ooten and Donald Wagner ABSTENTIONS: None IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of Orange County Sanitation District this 15th 28th day of December 2022August 2024. Kelly A. Lore, MMC Clerk of the Board of Directors Orange County Sanitation District Formatted: Normal, Indent: Left: 1.11" OC SAN 22-3724- 09-17 TABLE 1 BOARD PROCEDURES AND ORGANIZATION SUMMARY OF MOTIONS A. PRIVILEGED MOTIONS Kind of Motion Second Required Debatable Amendable Vote Required Purpose Adjourn Yes No No Majority To end the meeting To Take a Recess Yes No No Majority To interrupt a meeting for a short time or to provide an intermission Raise a Question of Privilege No No No None To obtain action immediately in an emergency B. MAIN MOTION AND RELATED SUBSIDIARY MOTIONS Kind of Motion Second Required Debatable Amendable Vote Required Purpose Main Motion Yes Yes Yes Majority To introduce new business Amend Main Motion Yes Yes Yes Majority To modify or alter a motion Substitute Motion Yes Yes Yes Majority To replace the main motion entirely OC SAN 22-3724- 09-18 Previous Question Yes No No Majority To close debate on the main or amended motion immediately Continue to a Certain Time Yes Yes Yes Majority To defer action To Table Yes No No Majority To discontinue consideration until brought back by vote of the Board Take a Motion from the Table Yes No No Majority To bring before the group a motion previously tabled Limit or Extend Limits of Debate Yes No Yes Majority To limit or extend limits of debate Refer to a Committee Yes Yes Yes Majority To place business in hands of a Committee Withdraw a Motion No No No None To withdraw a motion before it is voted on Reconsider Yes Yes No Majority must be by a Director who voted for the prevailing side on the original motion To secure a new vote on a motion previously voted upon OC SAN 22-3724- 09-19 C. INCIDENTAL RULES NON-RANKING Kind of Motion Second Required Debatable Amendable Vote Required Purpose Request to Suspend the Rules Yes No No Two- Thirds To facilitate business ordinarily contrary to the rules of the organization Override Order of the Chair Yes No No Majority To have Board majority rule on the order Point of Order No No No None To enforce the rules of the organization OC SAN 24-09-17 RESOLUTION NO. OC SAN 24-09 A RESOLUTION OF THE BOARD OF DIRECTORS OF ORANGE COUNTY SANITATION DISTRICT ESTABLISHING RULES OF PROCEDURE FOR THE CONDUCT OF BUSINESS OF THE ORANGE COUNTY SANITATION DISTRICT, AND REPEALING RESOLUTION NO. OC SAN 22-37 WHEREAS it is necessary to establish rules of procedure to facilitate the orderly handling of business to come before the Orange County Sanitation District (OC San) Board of Directors and Standing, Steering, Special and Ad Hoc Committees. NOW THEREFORE, the Board of Directors of the Orange County Sanitation District DOES HEREBY RESOLVE, DETERMINE AND ORDER: Section 1: Rules of Procedure. That the following rules of procedure be adopted for the conduct of business of the Orange County Sanitation District (Sanitation District): A. Regular Meetings. There shall be a regular monthly meeting of the Board of Directors of OC San on the fourth Wednesday of every month at 6:00 p.m., in the Administrative Offices of OC San, located at 18480 Bandilier Circle, Fountain Valley, California; provided, however, if the fourth Wednesday of the month falls upon a legal holiday, said monthly meeting shall be held on the next day thereafter, at the same time and place, unless the Board of Directors adjourns to a different date and time. The Board of Directors may adjourn any regular, special or adjourned special meeting to a time and place certain, as specified in the order of adjournment. B. Special Meetings. A special meeting of the Board of Directors may be called in either one of the following ways: (1) By the Chairperson of the Board of Directors; or (2) By the written request of a majority of the Steering Committee delivered to the Clerk of the Board. The call or notice for special meeting shall be in writing and delivered electronically or by mail at least twenty-four (24) hours before the time of such meeting, as specified in the notice. Any notice deposited in the regular mail addressed to a Director at the address he or she has on file with the Clerk of the Board postage prepaid, sixty (60) hours in advance of any such meeting as specified in the notice, shall be presumed to have been delivered. If the notice is delivered electronically, the Clerk of the Board should use an electronic “read receipt” to ensure delivery. If a Director has not read the notice, the Clerk OC SAN 24-09-2 will diligently attempt to contact the Director by telephone as soon as possible after the publication of the notice. The call or notice shall specify the time and place of the special meeting, a description of the business to be transacted and copies of all pertinent material. Such notice may be dispensed with as to any Director or Alternate Director who, at or prior to the time the meeting convenes, files with the Clerk of the Board a written waiver of notice. Such waiver may be given by facsimile or electronic mail. Such notice may also be dispensed with as to any member who is actually present at the meeting at the time it convenes. The Clerk of the Board shall diligently attempt to notify each Director personally of the time, place and purpose of said meeting, not less than twenty-four (24) hours before the time of said meeting. The call or notice shall be posted in the administrative offices’ public lobby and in a location freely accessible to the public at least twenty-four (24) hours prior to the special meeting. C. Meetings Adjourned by Clerk of the Board. If at any regular, adjourned regular, special or adjourned special meeting there is not a quorum of Directors present, the Clerk of the Board may declare the meeting adjourned to a stated time and place and shall cause written notice of the adjournment to be given in the same manner as for a special meeting, unless such notice is waived as provided for in special meetings. Within twenty-four (24) hours after the time of the adjournment, a copy of the order or notice of adjournment shall be conspicuously posted on or near the door of the place where the meeting was held and, in a location, freely accessible to the public. D. Notices to News Media. When any local newspaper of general circulation, radio or television station requests, in writing, notices of meetings of the Board of Directors, the Clerk of the Board shall thereafter, until receipt of a notice terminating said request, deliver notices of regular, regular adjourned and special adjourned meetings to such newspapers, radio or television stations. Delivery shall be made in the same manner as delivery is made to the Directors. E. Conduct of Meetings. (1) Procedural Rules. The procedural rules for debate and action shall be as set forth in Table 1, attached hereto and adopted herein by reference. Robert’s Rules of Order shall not be applicable or govern the procedures for the conduct of OC San business. (2) Legal Officer. In any case of ambiguity or uncertainty in the interpretation or application of these Rules to any procedure, the presiding officer may direct such question for a ruling to the Board’s General Counsel, who shall be the parliamentarian of the Board. OC SAN 24-09-3 (3) Obtaining the Floor and Making Motions. Any member of the Board wishing to speak, or any member of the public wishing to address the Board, must first be recognized by the Chairperson. The Chairperson must recognize any member of the Board who seeks the floor when appropriately entitled to address the Board. Any member of the Board, including the Chairperson, may bring a matter of business properly before the Board by making a motion. Any member, including the Chairperson, except the member making the motion, may second the motion. Once a motion is seconded, it may be opened for discussion and debate, in accordance with the procedures in Subsection (4) below. (4) Rules for Discussion, Debate and Deliberation by the Board. The procedures for consideration and action on all matters to come before the Board shall be in compliance with the terms of this Section, as follows: (a) Each item on the Agenda will be introduced in a form of a report by either the General Manager, a member of the Executive Management Team, General Counsel, Special Counsel, or the Clerk of the Board. (b) Upon completion of the report, the Chairperson will allow for direct questions regarding the item, by Directors, each in turn, and in the order as selected by the Chairperson. (c) Upon completion of the question period, the Chairperson will entertain a motion and second for consideration by the Board. (d) Discussion among the Directors will follow. Each Director will be recognized to address the Board in the order selected by the Chairperson, with a five (5) minute time limit for each Member wishing to speak on the Agenda item, unless the time limit is waived by the Chairperson. Directors should limit comment to the subject matter, item, or motion currently being considered. There will be no interruptions of the Director who has been recognized. Attempted interruptions will be declared out-of-order, and the Director attempting to interrupt will be asked to remain silent until recognized. (e) As an additional courtesy to everyone, repetition of comments will be discouraged in the interest of time and, at the discretion of the Chairperson, can be declared out-of-order. (f) After each Member who wishes to speak has been recognized and completed their remarks, a single three (3) minute period of rebuttal will be allowed any Director, unless the time limit is waived by the Chairperson. (g) If it appears to the Chairperson that any Director is pursuing a line of questioning or commentary due to lack of preparation or prior review with OC San’s Staff, the Director’s time will be declared to have been used up, and no further inquiry will be allowed. OC SAN 24-09-4 (h) Upon adoption of a motion on an Agenda item, there will be no further discussion of that item. (5) Decorum in Debate. All Members shall address their remarks to the Chairperson and confine them to the business then pending and subject to discussion before the Board, avoiding personalities and reflections upon anyone’s motives. (6) Closing or Limiting Debate. At all times, the Board shall endeavor to allow free and open debate among Members of the Board. However, in the discretion of the Chairperson, it may become necessary to close or limit debate, so that action can be taken by the Board. An order by the Chairperson closing or limiting the debate can only be set aside by a majority vote of the Board. F. Quorum. A majority of the Directors shall constitute a quorum of the Board. G. Chairperson and Vice Chairperson of the Board. A Chairperson and Vice Chairperson of the Board shall be elected by a majority vote of Directors at the regular meeting in June of each year and will assume office July 1st. The nominations for Chairperson and Vice Chairperson shall be made at the regular Board meeting in May of each year. Any person nominated for Chairperson shall be deemed to be nominated for Vice Chairperson in the event the person is not elected as Chairperson. Thereafter, the nominees shall prepare a statement setting forth their qualifications for the office sought. The statements should be forwarded to the Clerk of the Board who will in turn forward by electronic mail to the members of the Board of Directors with the Agenda and other meeting material for the June regular meeting. If only one individual is nominated for Chairperson at the regular Board meeting in May, that individual shall be deemed elected as Chairperson, no election shall be held in June, and the individual shall assume office July 1st. If only one individual is nominated for Vice Chairperson at the regular Board meeting in May, that individual shall be deemed elected as Vice Chairperson, no election shall be held in June, and the individual shall assume office July 1st. The Chairperson and Vice Chairperson shall serve at the pleasure of a majority of the Directors. In the event the office of Chairperson becomes vacant due to resignation or retirement of the incumbent prior to the expiration of the regular term, the Vice Chairperson shall automatically succeed to the office of the Chairperson and shall continue to serve through the remainder of the regular term unless sooner removed by action of a majority of the Directors. In the event the office of Vice Chairperson becomes vacant prior to the expiration of the regular term, nominations, and the election of a Director to serve in that capacity shall be conducted at the next regular Board meeting. The person so elected shall serve the balance of the regularly scheduled term unless sooner removed as a result of action by a majority of the Directors. The Chairperson shall not serve more than two consecutive one-year terms for which they have been elected to the office of Chairperson. The Vice Chairperson shall OC SAN 24-09-5 not serve more than two consecutive one-year terms for which they have been elected to the office of Vice Chairperson. H. Presiding Officer. The Chairperson of the Board shall preside during meetings of the Directors. In the absence of the Chairperson, the Vice Chairperson shall preside. I. Clerk of the Board and Minutes. The Board of Directors shall have a person designated to serve as Clerk of the Board. The Clerk of the Board will be appointed to the position by the General Manager and shall report to the General Manager or their designee. The Clerk of the Board will be a regular full-time employee, subject to all the rules and policies applicable to all regular full-time employees. The Clerk of the Board shall attend all meetings of the Board of Directors, unless excused by the Chairperson, and shall prepare an accurate record of each meeting for submission to the Directors and subsequent approval at the following meeting; provided, however, that when an adjourned, special or special adjourned meeting of the Board of Directors immediately precedes a regular meeting, Minutes of said meeting shall be submitted for approval at the next meeting of the Board following said regular meeting. In the preparation of Official Minutes of a meeting of the Board of Directors, the Clerk of the Board will not record the name of the Director who moves or who seconds the adoption of a motion or Resolution but will reflect the votes by name of each Director on each item brought before the Board. In the absence of the Clerk of the Board, an Assistant Clerk of the Board shall be appointed to exercise the duties of the Clerk of the Board. J. Regular Business to Come Before the Board of Directors. Insofar as practicable, all items of business to be taken up at a regular meeting of the Board shall be submitted to the Clerk of the Board, who shall include the Agenda all such items submitted by Directors, the General Manager and General Counsel, and all formal communications. The General Manager, in consultation with the Board Chairperson and Board Vice Chairperson, shall determine agenda items for OC San Board of Director Meetings. Directors should prepare in advance of meetings and be familiar with items on the agenda. Directors shall make a reasonable effort to meet with the General Manager or related staff before meetings to receive answers to questions regarding the agenda. The Order of Business on the agenda for regular meetings of the Board of Directors shall be: i. Call to Order ii. Invocation and Pledge of Allegiance iii. Roll Call and Declaration of Quorum iv. Public Comment - Pursuant to the Brown Act, public comment will be allowed on items on the Board/Committee agendas at the beginning of the meeting either on agenda items or general comments within OC SAN 24-09-6 the subject matter jurisdiction of OC San. Public comments are limited to no more than three minutes each. Individuals desiring to speak are encouraged to submit a request to speak card or place an eComment online to the Clerk of the Board. v. Special Presentations - Special presentations shall be scheduled as necessary in recognition of employee or Director service, or other requested presentations. Requests for special presentation must be submitted to the Clerk of the Board in writing in advance of the agenda publication deadline. The Clerk of the Board will coordinate the scheduling of presentations with the Board Chairperson. vi. Board Chairperson / General Manager Reports - The reports portion of the meeting provides the Chairperson and the General Manager the opportunity to briefly comment on OC San business, operations, projects and other items of interest. vii. Public Hearings - Public Hearings may be required on certain items as prescribed by state or federal law. The regular time for public hearings is established by this resolution. viii. Elections – Annually or when deemed necessary. ix. Consent Calendar - Items on the Board/Committee Agenda which are considered to be of a routine nature by the General Manager shall be listed on the “Consent Calendar.” These items shall be approved, adopted, etc. by one motion of the Board and majority vote. Directors may comment on Consent Calendar items or ask for minor clarifications without the need for pulling the item for separate consideration. Items requiring deliberation should be pulled for separate consideration. x. Receive and File - Items that require no action; and if no objection, the Chairperson may so order. xi. Committee Items – Items approved at the monthly Committee meetings are brought forward under each Standing Committee title on the agenda for Board approval. These items may be treated as a consent calendar by one motion of the Committee and majority vote. xii. Non-Consent – Items on the Board/Committee Agenda which have not been previously considered and require study, report, or action. OC SAN 24-09-7 xiii. Information Items – Educational or Items of interest that require no action. xiv. AB 1234 Disclosure Reports – This item allows Board members to provide a brief oral report regarding the disclosure of outside committees, conferences, training, seminars, et. Attended at the Agency’s expense, per Government Code §53232.3(d). xv. Closed Session - During the course of conducting the business set forth on an agenda as a regular meeting, the Chairperson may convene the Board/Committee in closed session pursuant to pursuant to Government Code Sections 54956.8, 54956.9, 54957 or 54957.6, as noted. All written materials and verbal information regarding closed session items shall remain confidential. No member of the Board of Directors, employee of OC San, or any other person present shall disclose to any person the content or substance of any discussion which takes place in a closed session unless authorized by General Counsel and a majority of the Board of Directors. xvi. Other Business and communications or Supplemental agenda items – Prior to adjournment, the Board Chairperson will inquire if there is any other business to bring before the meeting. xvii. Board of Directors initiated items for a future meeting - This portion of the meeting allow Directors to request an agenda item for a future meeting. If the Board Chair or a majority of the body indicates support for the request at that time, then the item shall be placed on a future agenda. Upon support for the request, the Board of Directors/Committee will provide direction to staff on the information that is desired to be presented when the item is placed on a future agenda. xviii. Adjournment The Board Chairperson shall have the discretion to change the order of business. The Clerk of the Board shall electronically mail to each Director a notice of such regular meetings, together with a proposed Agenda, not later than the Friday immediately preceding such regular meetings. Said Agenda, insofar as possible, shall include copies of Resolutions, except as hereafter provided, and a description of all matters to be considered, together with any additional pertinent material. Agendas shall be posted in a location freely accessible to the public not less than seventy-two (72) hours in advance of the meeting. OC SAN 24-09-8 Resolutions designated as “standard” and adopted by the Board of Directors from time to time, and approved as to form and content, need not be included with said Agenda; provided, however, that the information completing said standard Resolutions shall be set forth on the Agenda listing, and copies of said standard Resolutions shall be on file with the Clerk of the Board at the meeting time and place. Items of business not known at the time the regular Agenda is electronically mailed as herein provided, may be considered as supplemental Agenda items; provided that all requirements of the Ralph M. Brown Act (California Government Code Sections 54950 et seq.) are satisfied. No business, except with consent of two-thirds of the Directors present (a majority of Directors present for emergency actions), and only if permitted by the Ralph M. Brown Act, not appearing on the regular or supplemental Agendas may be brought before the Board of Directors. The meeting Agenda shall provide for an opportunity for members of the public to address the Board on items on the Agenda and non-Agenda items of public interest. As determined by the Chairperson, speakers may be deferred until the specific Agenda item is taken for discussion, and remarks may be limited to three (3) minutes. Speakers on non-Agenda items may address only items that are within the subject matter jurisdiction of the Board of Directors. Time allotted for such presentations is limited to three (3) minutes or less. Total time allotted for all public input on each non-Agenda item is limited to thirty (30) minutes to one (1) hour, taking into consideration the number of persons filing a request to address the Board. However, time allotments may be waived by a majority vote of the Board. K. Handling of Business and Voting. During the course of a Board meeting, routine matters listed on the Agenda for consideration will be referred to by Agenda Item Number only. Voting on all Resolutions shall be by roll call, except if waived by unanimous voice vote, in which event, the Chairperson may order a unanimous ballot cast in favor of the motion or Resolution under discussion. The name of each Director shall be called only once. On matters of considerable interest or on which there appears to be a controversy, the motion or Resolution shall be read by title or repeated by the Chairperson. The Chairperson shall thereafter call for discussion of the motion or Resolution, at which time any member may discuss the pending matter. Any person other than a Director present at the meeting may speak on the motion if recognized by the Chairperson. Sole discretion as to the extent of discussion outside of the membership of the Board shall rest with the Chairperson. At the close of discussion, the Chairperson may, at the Chairperson’s discretion, repeat the motion or Resolution pending, and thereafter, call for a vote. OC SAN 24-09-9 The Clerk of the Board shall determine and state whether or not a motion or Resolution is adopted by roll call vote. On all other matters, the Chairperson shall determine the outcome of the voting. L. Committees. (1) Standing Committees. (a) Steering Committee: There shall be a permanent Committee designated as the Steering Committee, comprised of the Chairperson of the Board, the Vice Chairperson of the Board, the Chairperson of each of the Standing Committees and three at-large members selected by the Chairperson of the Board. The Vice Chairperson of each of the Standing Committees shall serve as the designated Alternate, in the absence or inability to serve by any Chairperson. In the absence or inability of any designated member of the Steering Committee to serve, his/her city/agency appointed Alternate Director may not serve in that member’s absence. The Committee shall conduct an annual performance evaluation of the General Manager and submit recommendations on their compensation to the Board of Directors. The Committee shall also review the General Manager’s evaluation and compensation of the executive management employees, based on established criteria, and executive management’s goals and objectives for the following year. The Committee shall also conduct an annual performance evaluation of General Counsel and submit recommendations to the Board of Directors as provided by Resolution No. OCSD 12-03. The Committee shall make recommendations to the Board of Directors on labor negotiations and other related activities as may be needed or appropriate. The Committee shall also be authorized to assign new subjects of significant importance to the appropriate Standing Committee for study, evaluation and recommendation. The Steering Committee shall meet on the fourth Wednesday of each month at 5:00 p.m. preceding the Board’s meeting, or at the call of the Chairperson of the Board of Directors. (b) Administration Committee: There shall be a permanent Administration Committee (Finance & Administrative Services, Environmental Services, and Human Resources) to advise the Staff and make recommendations on matters related to the financial, budgeting, administrative, environmental and personnel policies and programs of OC San. The Committee shall review with the Staff the procedures for development, preparation and format of the annual budget and recommend appropriate change, and counsel the Staff during the budget process to assure the proper interpretation and OC SAN 24-09-10 implementation of the Board’s policies and that the desired procedures have been followed. The responsibility for consideration and adoption of OC San budget rests with the Board of Directors. The Committee shall periodically interview and recommend the selection of outside auditors. The Committee shall review the result of the annual audit of OC San’s accounts with representatives of the outside audit firm, including any comments received recommending improvements. The Committee shall review management’s response to these comments and make appropriate recommendations for implementation. Periodically, the Committee shall recommend employment of an outside firm to audit internal control procedures to safeguard the assets of OC San. The Committee shall interview and make recommendations on the employment of investment-banking firms, bond counsel and, if necessary or desired, financial advisors, to be used in connection with OC San’s financing programs. The Committee shall periodically coordinate recommendations on personnel audits of OC San’s operations or segments of the operations on an as-needed basis. The Committee shall make recommendations on personnel policies and procedures, insurers and coverage, procurement procedures and such other related activities as may be needed or appropriate. The Committee shall also review issues pertaining to OC San’s National Pollutant Discharge Elimination System (NPDES) Ocean Outfall Discharge Permit, including annual review of the contractor(s) performing the ocean monitoring and research programs required as a condition of said permit, and related issues regarding protection of the marine waters off metropolitan Orange County’s coastline from impacts resulting from OC San’s operations and discharge of treated wastewater. The Committee shall review issues pertaining to the impact on OC San of legislative and regulatory proposals and submit appropriate recommendations on the matters. The Committee shall also be responsible for overseeing the contractual arrangements with OC San’s legislative advocates to provide advocacy services in Sacramento and Washington, D.C. In carrying out its responsibilities, the Committee shall receive regular status reports from the advocates and staff and monitor and recommend positions on legislative and regulatory proposals. The Committee shall also review issues pertaining to OC San’s public outreach, branding, and communications activities, evaluate alternatives and make recommendations to the Board of Directors. OC SAN 24-09-11 The Chairperson of the Board of Directors shall appoint a Committee Chairperson and a Committee Vice Chairperson for the Administration Committee. The Committee Chairperson and Committee Vice Chairperson shall serve at the pleasure of the Chairperson of the Board of Directors. The Administration Committee shall consist of thirteen members, as follows: (1) The Chairperson of the Board of Directors; (2) The Vice Chairperson of the Board of Directors; (3) The Committee Chair of the Administration Committee; (4) The Committee Vice Chair of the Administration Committee; and (5) Nine additional Directors appointed by the Chairperson of the Board of Directors. Other than the Board Chairperson and the Board Vice Chairperson, no Director who serves on the Operations Committee shall be eligible to serve concurrently on the Administration Committee. In the absence of the Board Chairperson, his or her alternate Director may attend meetings of the Administration Committee. The Administration Committee shall meet on the second Wednesday of each month at 5:00 p.m., or at the call of its Chairperson. (c) Operations Committee: There shall be a permanent Committee designated the Operations Committee (Engineering and Operations & Maintenance). With the goal of compliance with all public health and environmental laws and regulations, the Operations Committee shall review and submit appropriate recommendations on the matters pertaining to the operation of OC San wastewater treatment process, including such matters as current and projected service/flow needs, level and quality of treatment, conservation, recycling and reuse activities and air quality issues. The Committee shall also review matters pertaining to contractual arrangements by OC San to provide sewerage services to areas outside OC San’s boundaries or approved spheres of influence. The Committee shall review plans for the future needs of OC San, explore alternatives and make recommendations to the Board of Directors. The Operations Committee shall also review and submit appropriate recommendations on matters pertaining to capital projects which address operational needs, including the selection of professional consulting services to assist in studying, planning and designing needed OC San wastewater treatment systems and support facilities, including computerized systems, in accordance with the Board’s established OC SAN 24-09-12 policies and procedures for procuring such services; the Committee shall further review construction projects for said facilities in accordance with applicable public works laws and Board policies. Said oversight shall include the contracts for professional services and public works construction projects and addenda or change orders thereto. In carrying out its responsibilities, the Committee shall receive advance notice and regular status reports on the projects from Staff, and monitor, visit and observe OC San wastewater systems operational functions and major capital construction projects. The Chairperson of the Board of Directors shall appoint a Committee Chairperson and a Committee Vice Chairperson of the Operations Committee. The Committee Chairperson and Committee Vice Chairperson shall serve at the pleasure of the Chairperson of the Board of Directors. The Operations Committee shall consist of fourteen members, as follows: (1) The Chairperson of the Board of Directors; (2) The Vice Chairperson of the Board of Directors; (3) The Committee Chair of the Operations Committee; (4) The Committee Vice Chair of the Operations Committee; and (5) Ten (10) additional Directors appointed by the Chairperson of the Board of Directors. Other than the Board Chairperson and the Board Vice Chairperson, no Director who serves on the Administration Committee shall be eligible to serve concurrently on the Operations Committee. In the absence of the Board Vice-Chairperson, his or her Alternate Director may attend meetings of the Operations Committee. The Operations Committee shall meet on the first Wednesday of each month at 5:00 p.m., or at the call of its Chairperson. (2) Special and Ad Hoc Committees. In addition to the Standing Committees, the Chairperson of the Board of Directors, the Chairperson of a Standing Committee or a majority of the Directors, may appoint from time to time, Special or Ad Hoc Committees to study and report on specific matters. Such Committees shall be temporary in nature, and their assignments shall pertain to a current, specific issue. Upon completion of the assigned task, the Ad Hoc or Special Committee will be dissolved. The Chairperson and Vice Chairperson of Special and Ad Hoc Committees shall be appointed by the Chairperson of the appointing authority. Each Special and Ad Hoc Committee shall meet at the call of its Chairperson. OC SAN 24-09-13 M. Alternate Directors: If a regular Director cannot attend a meeting of the Operations Committee, the Administration Committee or the full Board of Directors, the Director’s alternate may attend in place of his or her regular Director. An alternate Director may not, however, attend a meeting of any other Committee in the absence of his or her regular Director. An Alternate Director serving in place of a regular member shall not act as Chairperson or Vice Chairperson of the Board or any Committee, even if the absent regular member serves as Chairperson or Vice Chairperson of one of those bodies. If the regular Director and the Alternate Director are both unable to attend the meeting, the regular Director may request that the meeting be teleconferenced. The request may be approved, at the Board Chairperson’s discretion, provided that all requirements of the Ralph M. Brown Act (California Government Code Sections 54950 et seq.) are able to be satisfied. N. Motion to Refer to a Standing Committee. Any Director at a Board or Committee meeting may move to have a policy or any other activity affecting OC San, or any one of the member Agencies, referred to a Standing Committee for study and report. This motion shall be a privileged motion, and when duly seconded, discussion thereof shall be limited to Directors only. Said motion shall receive an affirmative vote of a majority of the Directors for adoption. O. All meetings of the Board of Directors shall be publicly available and recorded. The audio/video recording of any open and public meeting shall be subject to inspection pursuant to the California Public Records Act. Section 2: Procedure for Consideration of Demands for Corrective Action. A. Requirement of Written Demand. Prior to any person commencing a judicial action for injunction or mandamus to declare any action taken by the Board void because of failure to observe Brown Act requirements, such person must first serve upon the Clerk of the Board a written demand describing the alleged violation and demanding corrective action. Such demand must be served upon the Clerk of the Board within thirty (30) days of the complained of action. Failure to serve any such demand within this thirty (30) day period shall result in the loss of any right to challenge any action to have been taken in violation of Sections 54953, 54954.2 or 54956 of the California Government Code. B. Consideration of Corrective Action. Upon receipt of such a demand, consideration of the demand shall immediately be placed on the Agenda for the next meeting of the Board of Directors. If the demand is received less than seventy-two (72) hours prior to the time set for the next meeting, the Board may determine that the notice constitutes the initiation of litigation, and that the need to take action on the threatened OC SAN 24-09-14 litigation arose subsequent to the posting of the Agenda and may consider it at that meeting pursuant to Section 1(J) above. A description of any item so placed on the Agenda shall include both consideration of the demand, and the possibility of corrective action, by the Board. In considering such demands, the Board shall first determine, by motion, whether corrective action should be taken. If no motion to take corrective action is carried, the Clerk of the Board shall inform the demanding party in writing of the Board’s decision not to cure or correct the challenged action. C. Implementing Corrective Action. If a motion to take corrective action passes, the Chairperson may entertain a motion implementing corrective action. Any motion implementing corrective action shall address the concerns raised in the consideration of corrective action. The motion implementing corrective action may include a motion to rescind prior action taken, as appropriate. Passage of a motion to rescind invalidates prior action only as of the time of the passage of the motion, and not from the date of the initial action. A motion implementing corrective action resulting from a written demand is out-of-order if the action complained of (a) was in connection with the sale or issuance of notes, bonds or other evidence of indebtedness, or any contract, agreement or incident thereto; or (b) gave rise to a contractual obligation upon which a party has, in good faith, detrimentally relied. In any event, the Board shall notify the party making the demand in writing of its decision to take corrective action and shall describe any corrective action taken. This notice shall be given to the demanding party as soon as possible after the meeting, but in no event more than thirty (30) days after receipt of the demand. Section 3: Resolution No. OC SAN 22-37 is hereby repealed. Section 4: This Resolution shall become effective immediately. PASSED AND ADOPTED at a regular meeting of the Board of Directors held August 28, 2024. Ryan P. Gallagher Board Chairman ATTEST: Kelly A. Lore, MMC Clerk of the Board OC SAN 24-09-15 STATE OF CALIFORNIA ) ) ss COUNTY OF ORANGE ) I, Kelly A. Lore, Clerk of the Board of Directors of the Orange County Sanitation District, do hereby certify that the foregoing Resolution No. OC SAN 24-09 was passed and adopted at a regular meeting of said Board on the 28th day of August 2024 by the following vote, to wit: AYES: NOES: ABSENT: ABSTENTIONS: IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of Orange County Sanitation District this 28th day of August 2024. Kelly A. Lore, MMC Clerk of the Board of Directors Orange County Sanitation District OC SAN 24-09-16 TABLE 1 BOARD PROCEDURES AND ORGANIZATION SUMMARY OF MOTIONS A. PRIVILEGED MOTIONS Kind of Motion Second Required Debatable Amendable Vote Required Purpose Adjourn Yes No No Majority To end the meeting To Take a Recess Yes No No Majority To interrupt a meeting for a short time or to provide an intermission Raise a Question of Privilege No No No None To obtain action immediately in an emergency B. MAIN MOTION AND RELATED SUBSIDIARY MOTIONS Kind of Motion Second Required Debatable Amendable Vote Required Purpose Main Motion Yes Yes Yes Majority To introduce new business Amend Main Motion Yes Yes Yes Majority To modify or alter a motion Substitute Motion Yes Yes Yes Majority To replace the main motion entirely OC SAN 24-09-17 Previous Question Yes No No Majority To close debate on the main or amended motion immediately Continue to a Certain Time Yes Yes Yes Majority To defer action To Table Yes No No Majority To discontinue consideration until brought back by vote of the Board Take a Motion from the Table Yes No No Majority To bring before the group a motion previously tabled Limit or Extend Limits of Debate Yes No Yes Majority To limit or extend limits of debate Refer to a Committee Yes Yes Yes Majority To place business in hands of a Committee Withdraw a Motion No No No None To withdraw a motion before it is voted on Reconsider Yes Yes No Majority must be by a Director who voted for the prevailing side on the original motion To secure a new vote on a motion previously voted upon OC SAN 24-09-18 C. INCIDENTAL RULES NON-RANKING Kind of Motion Second Required Debatable Amendable Vote Required Purpose Request to Suspend the Rules Yes No No Two- Thirds To facilitate business ordinarily contrary to the rules of the organization Override Order of the Chair Yes No No Majority To have Board majority rule on the order Point of Order No No No None To enforce the rules of the organization STEERING COMMITTEE Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3784 Agenda Date:8/28/2024 Agenda Item No:15. FROM:Ryan P. Gallagher, Board Chairman SUBJECT: GENERAL MANAGER’S COMPENSATION AND BENEFITS BOARD CHAIR’S RECOMMENDATION RECOMMENDATION: Adopt Resolution No.OC SAN 24-10 entitled:“A Resolution of the Board of Directors of the Orange County Sanitation District approving a salary increase and salary range adjustment for the General Manager for Fiscal Year 2024/2025.”The increase consists of a salary range adjustment and corresponding salary increase of 7.3%, effective in the first pay period of July 2024. BACKGROUND The General Manager of the Orange County Sanitation District (OC San)is employed on an At-Will basis and serves at the pleasure of the Board of Directors. According to Section 6 of the General Manager’s At-Will Employment Agreement,“OC San’s Steering Committee shall meet with the General Manager in August of each year during the term of this Agreement to review and evaluate his performance over the prior year.”As part of the process,the Steering Committee also reviews the General Manager’s compensation and benefits provided and makes its recommendation(s)to the Board concerning any adjustments to be effective in July of the year of the review. The Steering Committee reviewed the General Manager’s job performance for Fiscal Year 2023/2024 in closed session in June and July 2024 and recommends that the Board approve the proposed salary increase.The proposed salary increase will achieve the Board’s target of 75th percentile for the overall market position and establish a salary for the General Manager that is competitive and supports retention. RELEVANT STANDARDS ·Offer competitive compensation and benefits ·Maintain positive employer-employee relations ·Cultivate a highly qualified, well-trained, and diverse workforce ·Comply with OC San policy (Policy 6.1 Appraisal of Performance)and the General Manager’s At-Will Employment Agreement Orange County Sanitation District Printed on 8/20/2024Page 1 of 4 powered by Legistar™ File #:2024-3784 Agenda Date:8/28/2024 Agenda Item No:15. PROBLEM Based on July 2024 market data collected for salary and total compensation (salary +benefits),the General Manager’s current salary market position is at the 55th percentile,which is significantly below the Board’s targeted 75th percentile for overall market position. Additionally,Board-approved Fiscal Year 2024/2025 salary increases for OC San’s Executive Management took effect in July 2024.With these increases,the General Manager’s salary currently is just 5.8% above his highest paid direct report, thereby resulting in salary compaction. PROPOSED SOLUTION Approve the proposed salary range adjustment and corresponding salary increase of 7.3%for FY 2024/2025 for the General Manager through Resolution No.OC SAN 24-XX.The recommended salary increase would achieve the targeted 75th percentile and address the salary compaction occurring with the General Manager’s highest paid direct report. TIMING CONCERNS The Steering Committee conducted the annual review and evaluation of the General Manager’s performance for FY 2023/2024 and is recommending changes to compensation based on salary market data and for retention.In accordance with the General Manager’s At-Will Employment Agreement,the Board makes the final determination on the compensation payable to the General Manager,which shall become effective retroactively to the first pay period in July of the year of the review. RAMIFICATIONS OF NOT TAKING ACTION Not taking action as proposed may result in a missed opportunity to recognize good performance, support retention of highly skilled and experienced staff, and address salary compaction issues. PRIOR COMMITTEE/BOARD ACTIONS June &July 2024 -Steering Committee reviewed the General Manager’s performance evaluation in closed session. July 2024 -Board of Directors reviewed the General Manager's performance evaluation in closed session. August 2023 -Board of Directors adopted Resolution No.OC SAN 23-17 approving a salary increase and salary range adjustment for the General Manager for Fiscal Year 2023/2024. Orange County Sanitation District Printed on 8/20/2024Page 2 of 4 powered by Legistar™ File #:2024-3784 Agenda Date:8/28/2024 Agenda Item No:15. ADDITIONAL INFORMATION The agency’s accomplishments during the past year include the following: ·Identified critical assets and criteria for the Asset Management Plan and developed an approach to update the design scope of work template ·Prepared an Energy and Digester Gas Master Plan ·Completed preparing the test site and permitting for the pilot program on supercritical water oxidation and implemented an outreach strategy for the project ·Assessed encroachment permit procedures and processes and recommended complying with each agency’s individual requirements in lieu of a standardized process ·Completed a pretreatment management audit and updated member agencies on findings, which resulted in no requirement for them to make changes to the waste discharge and pretreatment requirement ordinance in FY 2023-2024 ·Finalized seismic vulnerabilities planning study scope of work and issued request for proposal ·Completed initial chemical and toxicological evaluation to research and characterize changes in the final effluent following completion of GWRS ·Developed three (3)viable pathways for fleet replacement that incorporate anticipated future regulations and compliance requirements ·Provided draft project MOU to OC Waste & Recycling for food waste processing facility ·Expanded on coordination opportunities with Irvine Ranch Water District in anticipation of agreements expiring in 2026 ·Worked with other agencies to develop a list of locations for additional dry weather urban runoff diversions ·Developed outreach toolkit for member agencies to educate,inform,and reduce impacts affecting the local and regional sewer system ·Continued to ensure ongoing adaptability,sustainability,and diversity within the biosolids management program by refreshing short- and long-term hauling of biosolids ·Continued to perform outreach and coordination with representatives to ensure unobstructed access with our easements ·Developed and conducted earthquake emergency response drill,including evacuation of buildings, assembly and accountability of employees ·Aligned the GM’s goals with the Board’s policy direction and priorities through the strategic planning process,with 19 of 21 items completed this fiscal year and two (2)carried over to next fiscal year CEQA N/A FINANCIAL CONSIDERATIONS The annual cost of the proposed salary change is approximately $26,208.The funds for the additional compensation are included in OC San’s operational budget. Orange County Sanitation District Printed on 8/20/2024Page 3 of 4 powered by Legistar™ File #:2024-3784 Agenda Date:8/28/2024 Agenda Item No:15. ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Resolution No. OC SAN 24-10 ·General Manager Salary Schedules (Current & Proposed) ·At-Will Employment Agreement, Robert C. Thompson (eff. 7/1/24) Orange County Sanitation District Printed on 8/20/2024Page 4 of 4 powered by Legistar™ OC SAN 24-10-1 RESOLUTION NO. OC SAN 24-10 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE ORANGE COUNTY SANITATION DISTRICT APPROVING A SALARY INCREASE AND SALARY RANGE ADJUSTMENT FOR THE GENERAL MANAGER FOR FISCAL YEAR 2024/2025 WHEREAS, the General Manager provides organizational leadership, strategic direction, and agency oversight for Orange County Sanitation District (OC San); and WHEREAS, the General Manager serves in an at-will employment capacity, which may be terminated at any time by OC San’s Board of Directors with or without cause; and WHEREAS, it is OC San’s philosophy to compensate employee classifications competitively, which currently can be achieved through alignment with the salary market; and WHEREAS, the July 1, 2023, At-Will Agreement with the General Manager provides that, “OC San’s Steering Committee shall meet with General Manager in August of each year during the term of this Agreement to review and evaluate his performance over the prior year. The Steering Committee shall make its recommendation(s) to the Board concerning adjustment to the compensation and/or benefits paid or provided to General Manager, to be effective in July of the year of review. After consideration of the recommendation(s) of the Steering Committee, the Board shall determine and approve the compensation, including benefits, payable to General Manager, which generally becomes effective July of the fiscal year of the review”; and WHEREAS, the Steering Committee commenced its review of the General Manager’s performance in June 2024, finalized its review and made its recommendation to the Board on August 28, 2024. NOW, THEREFORE, the Board of Directors of the Orange County Sanitation District, DOES HEREBY RESOLVE, DETERMINE, AND ORDER: 1. That the At-Will Agreement with the General Manager (Attached hereto as Exhibit 1) setting forth the terms and conditions of his employment, including a salary increase in the first pay period of July 2024, consisting of a 7.3% salary range adjustment and corresponding salary increase as determined by the Board of Directors, is hereby approved to be effective retroactively to the first pay period of July 2024; 2. That the Board Chair, or his designee, is authorized to implement the changes to salary range and salary items approved herein. OC SAN 24-10-2 PASSED AND ADOPTED at a regular meeting of the Board of Directors held August 28, 2024. ________________________________ Ryan P. Gallagher Board Chairman ATTEST: _______________________________ Kelly A. Lore, MMC Clerk of the Board OC SAN 24-10-3 STATE OF CALIFORNIA ) ) ss COUNTY OF ORANGE ) I, Kelly A. Lore, Clerk of the Board of Directors of the Orange County Sanitation District, do hereby certify that the foregoing Resolution No. OC SAN 24-10 was passed and adopted at a regular meeting of said Board on the 28th of August 2024, by the following vote, to wit: AYES: NOES: ABSTENTIONS: ABSENT: IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of Orange County Sanitation District this 28th of August 2024. Kelly A. Lore, MMC Clerk of the Board of Directors Orange County Sanitation District General Manager Salary Schedules Orange County Sanitation District Classification and Compensation Plan Pay Grade Step 1 Step 2 Step 3 Step 4 Step 5 EM37 Annual 303,243$ 318,760$ 335,067$ 352,206$ 370,198$ Monthly 25,270$ 26,563$ 27,922$ 29,351$ 30,850$ Hourly 145.79$ 153.25$ 161.09$ 169.33$ 177.98$ Pay Grade Step 1 Step 2 Step 3 Step 4 Step 5 EM37 Annual 325,374$ 342,035$ 359,528$ 377,915$ 397,218$ Monthly 27,115$ 28,503$ 29,961$ 31,493$ 33,101$ Hourly 156.43$ 164.44$ 172.85$ 181.69$ 190.97$ GENERAL MANAGER, FY 2023-24 (Current) GENERAL MANAGER, FY 2024-25 (Proposed) 1 AT-WILL EMPLOYMENT AGREEMENT Robert C. Thompson General Manager ORANGE COUNTY SANITATION DISTRICT THIS AT- WILL EMPLOYMENT AGREEMENT ("Agreement") is entered into, to be effective the 1st day of July, 2024, by and between: ORANGE COUNTY SANITATION DISTRICT, hereinafter referred to as "OC San"; AND ROBERT C. THOMPSON, sometimes hereinafter referred to as "General Manager"; collectively referred to herein as (“the Parties”) RECITALS WHEREAS, OC San desires to continue to employ Robert C. Thompson ("Mr. Thompson"), as General Manager of OC San, pursuant to the terms and conditions as set forth in this Agreement; and WHEREAS, Mr. Thompson, by virtue of his education, training and experience, is fully qualified to fill the position of General Manager and desires to serve OC San as its General Manager, pursuant to the terms and conditions of this Agreement; and WHEREAS, per Resolution No. OC SAN 24-10 adopted on August 28, 2024, OC San’s Board of Directors has approved and authorized the Board Chair to execute this Agreement to include a base building salary increase of 7.3% of his current salary. 2 WHEREAS, at the beginning of negotiations of a new Agreement, the parties agreed that any salary changes agreed to would take effect retroactively to the first pay period of July 2024, which is the first pay period in the current fiscal year. NOW, THEREFORE, the Parties hereto agree as follows: Section 1: OC San hereby continues to employ Mr. Thompson to serve as General Manager of the Orange County Sanitation District, commencing on the effective date hereof, and continuing until termination by either Party, as provided in this Agreement. In that capacity, Mr. Thompson agrees to perform the functions and duties of General Manager, the administrative head of OC San, as prescribed by the laws of the State of California, and by the rules, regulations, decisions, and directions of the Board of Directors of OC San (hereinafter referred to as "Board"). The General Manager's duties may involve expenditures of time in excess of the regularly established workday or in excess of a forty-hour work week and may also include time outside normal office hours (including attendance at Board and Committee meetings). General Manager is classified as an exempt employee under applicable California and federal wage and hour laws and shall not be entitled to any additional compensation for hours worked in excess of forty in a work week. Section 2: Mr. Thompson shall be employed in an "at-will" capacity serving at the sole pleasure of the Board. This means that either party to this Agreement may terminate the Agreement at any time for any reason with or without cause, and without hearing, upon 30 days' notice to the other party. Mr. Thompson is advised and acknowledges that he has none of the termination rights of a Regular employee of OC San. Except as expressly provided herein, and as a condition of employment, Mr. Thompson knowingly, willingly and voluntarily gives up, waives, and disclaims any and all rights he may have, express or implied, to any notice and/or hearing before or after termination, and/or to any continued employment with OC San after termination. As an "at-will" employee, Mr. Thompson understands that he may be subject to termination with or without cause at the sole discretion of the Board, notwithstanding that the other provisions of OC San’s Personnel Policies and Procedures Manual (hereinafter referred to as "Manual") apply to Mr. Thompson. If OC San terminates employment without cause, Mr. Thompson shall be given a thirty (30) day Notice of Termination and severance pay in an amount equal to six (6) months of his then current annual base salary upon Mr. Thompson’s execution of a valid written release of legal claims and expiration of any legally required revocation period. 3 If OC San terminates this Agreement (thereby terminating Mr. Thompson’s employment) without cause, and Mr. Thompson executes a valid written release of legal claims, the severance pay is considered a cash settlement related to the termination of Mr. Thompson and waiver of legal claims and shall be fully reimbursed to OC San by Mr. Thompson if Mr. Thompson is convicted of a crime involving an abuse of his office or position. Abuse of office or position shall have the meaning set forth in Government Code 53243.4, as may be amended, of either (1) an abuse of public authority, including, but not limited to, waste, fraud and violation of the law under color of authority, or (2) a crime against public justice, including, but, not limited to, a crime described in Title 7 (commencing with Section 92 of Part 1 of the Penal Code). Mr. Thompson shall reimburse such severance pay to OC San no later than six (6) months after such conviction. If Mr. Thompson terminates his employment with 30 days' notice, the Board shall have the right to accept his resignation effective the date notice is given. Such decision to accept his resignation earlier shall not be considered a termination without cause and shall not entitle Mr. Thompson to receive the severance pay noted above. Section 3: The term of this Agreement shall commence on the effective date above and continue for an indefinite duration, until terminated by either Party pursuant to Section 2 above, or unless terminated or amended as provided herein. Section 4: As compensation for the services to be performed hereunder, upon the effective date of this Agreement, OC San agrees to pay General Manager an annual base salary for services rendered of three hundred eighty-five thousand, two hundred thirty-six dollars and eighty cents ($385,236.80), subject to all applicable deductions and withholdings of any and all sums required by then current state, federal or local law, along with deductions of applicable sums the General Manager is obligated to pay because of participation in plans and programs described in this Agreement, and paid biweekly in accordance with OC San’s established accounting and payroll practices at the same time and in the same manner as other employees of OC San. No increase in salary may exceed the compensation permitted by the applicable salary range for the classification established by duly adopted Resolution of the Board. Section 5: For the period of this Agreement, OC San shall provide Mr. Thompson with a fixed benefit package that includes the following: • Personal Leave – accrued based on years of service for all paid hours, including hours actually worked and hours in a paid-leave payroll status, on a biweekly basis in accordance with the Manual. Personal leave accruals shall not exceed 4 four hundred forty (440) hours as of December 31 of each year. Any hours in excess of said limit, will be paid to Mr. Thompson in January in an amount equal to the hourly rate of compensation. • Administrative Leave – 40 hours per fiscal year, granted and not eligible for annual cash out. • Investment Incentive Salary (llS) – 6% of base salary applied on a biweekly fiscal year basis, and a flat amount of one thousand two hundred fifty dollars ($1,250) annually. • Deferred Compensation – OC San-paid annual allocation of $11,000 allocated on a biweekly calendar year basis. • Car Allowance – OC San-paid annual allocation of $8,400 issued on a semi- monthly basis. • Medical Allowance – OC San-paid annual allocation of six thousand dollars ($6,000), with any funds not used toward employee portions of insurance premiums to be returned to the employee in a mutually agreeable manner (such as flexible spending account contributions or cash payment). Mr. Thompson’s benefit package also shall include benefits consistent with the Manual for: holiday pay; medical, dental, vision and life insurance at three times base salary; long-term and short-term disability insurance; and employee assistance program. Additionally, Mr. Thompson’s benefit package shall include executive disability insurance benefits, consistent with those provided to OC San managers. These benefits shall remain in full force and effect unless and until replaced by an amendment to this Agreement, signed by Mr. Thompson and approved by the Board, which amendment shall include the effective date thereof. Section 6: OC San’s Steering Committee shall meet with General Manager in August of each year during the term of this Agreement to review and evaluate his performance over the prior year. The Steering Committee shall make its recommendation(s) to the Board concerning adjustment to the compensation and/or benefits paid or provided to General Manager, to be effective in July of the year of review. After consideration of the recommendation(s) of the Steering Committee, the Board shall determine and approve the compensation, including benefits, payable to General Manager, which generally becomes effective July of the fiscal year of the review. Failure of OC San to review and evaluate the performance of the General 5 Manager pursuant to this section shall not affect the right of OC San to terminate the General Manager's employment and shall not be considered a breach of this Agreement. Section 7: Mr. Thompson shall be a Participant Member in the Orange County Employees Retirement System ("OCERS"). OC San shall pay the required employer's contribution of Mr. Thompson’s required employee contribution rate for membership in OCERS pension Plan H which includes full payment of Employer Paid Member Contribution (“EPMC”). Section 8: OC San shall reimburse General Manager for all expenses paid by him and incurred for non-personal, job-related OC San business that are reasonably necessary to the General Manager's service to OC San. OC San agrees to either pay such expenses in advance or to reimburse the expenses, so long as the expenses are incurred and submitted according to the criteria established by OC San’s budget and/or normal expense reimbursement procedures pursuant to applicable policy Resolutions. To be eligible for reimbursement, all expenses must be supported by documentation meeting OC San’s policies and requirements and must be submitted within time limits established by OC San. Such reimbursement shall not be considered a benefit. Section 9: During the period of this Agreement, it is agreed that General Manager shall devote his fulltime, skills, labor and attention to said employment. At no time may General Manager undertake outside activities consisting of consultant work, speaking engagements, writing, lecturing, or other similar professional activities for money or other consideration without prior approval of OC San’s Steering Committee. However, the expenditure of reasonable amount of time for educational, charitable, or professional activities shall not be deemed a breach of this Agreement if those activities do not conflict or materially interfere with the services required under this Agreement and shall not require the prior written consent of the Steering Committee. This Agreement shall not be interpreted to prohibit General Manager from making passive personal investments or conducting private business affairs, provided those activities are not deemed to be a conflict of interest by state law nor do they conflict or materially interfere with the services required under this Agreement. Nothing in this At-Will Employment Agreement shall be construed to prevent General Manager from engaging in lawful conduct outside of working hours that does not materially interfere with General Manager’s employment. Section 10: The Board has the sole discretion to determine whether OC San shall pay General Manager pending an investigation into any alleged misconduct by General Manager. In the event that OC San’s Board determines, in its sole discretion, that it is in the best interest of OC 6 San for General Manager to be placed on paid administrative leave pending such an investigation, General Manager shall fully reimburse any salary provided for that purpose if the misconduct for which the General Manager was under investigation results in the General Manager being convicted of a crime involving an abuse of his office or position as defined in Section 2 of this Agreement. General Manager shall reimburse such salary to OC San no later than six months after such conviction. Section 11: In the event that OC San provides funds for the legal criminal defense of General Manager, General Manager shall fully reimburse said funds to OC San if the General Manager is convicted of a crime involving an abuse of his/her office or position as defined in Section 2 of this Agreement. General Manager shall reimburse such criminal legal defense fees to OC San no later than six months after such conviction. Section 12: Other employment benefits for General Manager not specifically provided for in this At-Will Employment Agreement are set out in the Manual. Section 13: This Agreement supersedes any and all other prior agreements, either oral or in writing, between the Parties hereto with respect to the employment of Mr. Thompson by OC San and contains all of the covenants and agreements between the Parties with respect to that employment in any manner whatsoever. Each Party to this Agreement acknowledges that no representation, inducement, promise, or agreement, orally or otherwise, has been made by any Party, or anyone acting on behalf of any Party, which is not embodied herein, and that no other agreement, statement, or promise not contained in this Agreement or Employment shall be valid or binding on either Party. Section 14: Any notices to be given hereunder by either Party to the other shall be in writing and may be transmitted by personal delivery, or by mail, registered or certified, postage prepaid, with return receipt requested. Mailed notices shall be addressed to the Parties at the addresses maintained in the personnel records of OC San, but each Party may change that address by written notice in accordance with this Section. Notices delivered personally shall be deemed communicated as of the date of actual receipt; mailed notices shall be deemed communicated as of the date of mailing. Section 15: Any modifications of this Agreement will be effective only if set forth in writing and signed by the Parties. 7 Section 16: The failure of either Party to insist on strict compliance with any of the terms, covenants, or conditions of this Agreement by the other Party, shall not be deemed a waiver of that term, covenant, or condition, nor shall any waiver or relinquishment of any right or power at any one time or times be deemed a waiver or relinquishment of that right or power for all or any other times. Section 17: If any term or other provision of this At-Will Employment Agreement is determined by a court of competent jurisdiction to be invalid, illegal or incapable of being enforced by any rule of law or public policy, all other terms, provisions and conditions shall nevertheless remain in full force and effect. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the Parties hereto shall negotiate in good faith to modify this Agreement so as to affect the original intent of the Parties as closely as possible to the fullest extent permitted by applicable law in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the extent possible. Section 18: This Agreement shall be governed by and construed in accordance with the laws of the State of California and all applicable ordinances, policies and resolutions. Section 19: General Manager acknowledges that he has had the opportunity and has conducted an independent review of the financial and legal effects of this Agreement. General Manager acknowledges that he has made an independent judgment upon the financial and legal effects of the Agreement and has not relied upon representation of OC San, its elected or appointed officers and officials, agents or employees other than those expressly set forth in this Agreement. General Manager acknowledges that he has been advised to obtain, and has availed himself of, legal advice with respect to the terms and provisions of this Agreement. IN WITNESS WHEREOF, the parties hereto have executed this At-Will Employment Agreement as follows. "OC SAN" ORANGE COUNTY SANITATION DISTRICT "GENERAL MANAGER” By: _______________________________ Robert C. Thompson Date 8 CHAIR, BOARD OF DIRECTORS By: _______________________________ Ryan P. Gallagher Date APPROVED AS TO FORM: GENERAL COUNSEL _______________________________ Scott C. Smith Date BOARD OF DIRECTORS Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3785 Agenda Date:8/28/2024 Agenda Item No:CS-1 FROM:Robert Thompson, General Manager SUBJECT: CONFERENCE WITH LEGAL COUNSEL RE EXISTING LITIGATION - GOVERNMENT CODE SECTION 54956.9(d)(1) GENERAL MANAGER'S RECOMMENDATION RECOMMENDATION: Convene in Closed Session: Number of Cases: 1 BKK Working Group, et al. v. Albertsons Companies, Inc., et al., United States District Court Central District of California, Court Case No.2:18-CV-05836-MWF(PLAx). BACKGROUND During the course of conducting the business set forth on this agenda as a regular meeting of the Board,the Chairperson may convene the Board in closed session to consider matters of pending real estate negotiations, pending or potential litigation, or personnel matters. Reports relating to (a)purchase and sale of real property;(b)matters of pending or potential litigation;(c)employment actions or negotiations with employee representatives;or which are exempt from public disclosure under the California Public Records Act,may be reviewed by the Board during a permitted closed session and are not available for public inspection.At such time the Board takes final action on any of these subjects, the minutes will reflect all required disclosures of information. RELEVANT STANDARDS ·Government Code Sections 54956.8, 54956.9, 54957, or 54957.6, as noted ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Memorandum from General Counsel Orange County Sanitation District Printed on 8/21/2024Page 1 of 1 powered by Legistar™ Scott C. Smith (949) 263-6561 scott.smith@bbklaw.com 18101 Von Karman Avenue.Suite 1000.Irvine, CA 92612 Phone: (949) 263-2600 | Fax: (949) 260-0972 bbklaw.com Memorandum To: Honorable Chair and Members of the Orange County Sanitation District Board of Directors From: General Counsel Date: August 28, 2024 Re: Closed Session Items The Board will hold a closed session on August 28, 2024, for the purpose of conferring with its legal counsel regarding existing litigation to which the Orange County Sanitation District is a party. The title of the case is BKK Working Group, et al. v. Albertsons Companies, Inc., et al., United States District Court Central District of California, Court Case No. 2:18-CV-05836-MWF(PLAx). The closed session will be held pursuant to the authority of California Government Code Section 54956.9(d)(1). Respectfully submitted, SCOTT C. SMITH BOARD OF DIRECTORS Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3786 Agenda Date:8/28/2024 Agenda Item No:CS-2 FROM:Robert Thompson, General Manager SUBJECT: CONFERENCE WITH LEGAL COUNSEL RE EXISTING LITIGATION - GOVERNMENT CODE SECTION 54956.9(D)(1) RECOMMENDATION: Convene in Closed Session: Number of Cases: 1 Orange County Sanitation District,a public entity v.Bayside Village Marina,LLC,a limited liability company;Laguna Beach County Water District,a public entity;and Does 1-100,inclusive;and all Persons Unknown Claiming an Interest in the Property,Superior Court of California,County of Orange, Case No. 30-2022-01251890. BACKGROUND During the course of conducting the business set forth on this agenda as a regular meeting of the Board,the Chairperson may convene the Board in closed session to consider matters of pending real estate negotiations, pending or potential litigation, or personnel matters. Reports relating to (a)purchase and sale of real property;(b)matters of pending or potential litigation;(c)employment actions or negotiations with employee representatives;or which are exempt from public disclosure under the California Public Records Act,may be reviewed by the Board during a permitted closed session and are not available for public inspection.At such time the Board takes final action on any of these subjects, the minutes will reflect all required disclosures of information. RELEVANT STANDARDS ·Government Code Sections 54956.8, 54956.9, 54957, or 54957.6, as noted ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Memorandum from General Counsel Orange County Sanitation District Printed on 8/21/2024Page 1 of 1 powered by Legistar™ Scott C. Smith (949) 263-6561 scott.smith@bbklaw.com 18101 Von Karman Avenue.Suite 1000.Irvine, CA 92612 Phone: (949) 263-2600 | Fax: (949) 260-0972 bbklaw.com Memorandum To: Honorable Chair and Members of the Orange County Sanitation District Board of Directors From: General Counsel Date: August 28, 2024 Re: Closed Session Items The Board will hold a closed session on August 28, 2024, for the purpose of conferring with its legal counsel regarding existing litigation to which the Orange County Sanitation District is a party. The title of the case is: Orange County Sanitation District v. Bayside Village Marina, LLC; Laguna Beach County Water District; and Does 1-100, inclusive; and all Persons Unknown Claiming an Interest in the Property Superior Court of California, County of Orange, Case No. 30-2022-01251890. The closed session will be held pursuant to the authority of California Government Code Section 54956.9(d)(1). Respectfully submitted, SCOTT C. SMITH BOARD OF DIRECTORS Agenda Report Administration Building 10844 Ellis Avenue Fountain Valley, CA 92708 (714) 593-7433 File #:2024-3787 Agenda Date:8/28/2024 Agenda Item No:CS-3 FROM:Robert Thompson, General Manager SUBJECT: CONFERENCE WITH LABOR NEGOTIATORS - GOVERNMENT CODE SECTION 54957.6 RECOMMENDATION: Convene in Closed Session: Designated Representatives:General Manager Robert Thompson,Assistant General Manager Lorenzo Tyner, and Director of Human Resources Laura Maravilla. Employee Organizations: (3) International Union of Operating Engineers,Local 501;Orange County Employees Association;and the Supervisory and Professional Management Group. Unrepresented Employees: (3) Confidential Group; Managers Group; and Executive Managers Group BACKGROUND During the course of conducting the business set forth on this agenda as a regular meeting of the Board,the Chairperson may convene the Board in closed session to consider matters of pending real estate negotiations, pending or potential litigation, or personnel matters. Reports relating to (a)purchase and sale of real property;(b)matters of pending or potential litigation;(c)employment actions or negotiations with employee representatives;or which are exempt from public disclosure under the California Public Records Act,may be reviewed by the Board during a permitted closed session and are not available for public inspection.At such time the Board takes final action on any of these subjects, the minutes will reflect all required disclosures of information. RELEVANT STANDARDS ·Government Code Sections 54956.8, 54956.9, 54957, or 54957.6, as noted ATTACHMENT The following attachment(s)may be viewed on-line at the OC San website (www.ocsan.gov)with the complete agenda package: ·Memorandum from General Counsel Orange County Sanitation District Printed on 8/21/2024Page 1 of 1 powered by Legistar™ Scott C. Smith (949) 263-6561 scott.smith@bbklaw.com 18101 Von Karman Avenue.Suite 1000.Irvine, CA 92612 Phone: (949) 263-2600 | Fax: (949) 260-0972 bbklaw.com Memorandum To: Honorable Chair and Members of the Orange County Sanitation District Board of Directors From: General Counsel Date: August 28, 2024 Re: Closed Session Items The Board will hold a closed session on August 28, 2024, for the purpose of holding a conference with its labor negotiators regarding employee compensation, terms of employment, and benefits. The closed session will be held pursuant to the authority of California Government Code section 54957.6. Respectfully submitted, SCOTT C. SMITH ORANGE COUNTY SANITATION DISTRICT COMMON ACRONYMS ACWA Association of California Water Agencies LOS Level Of Service RFP Request For Proposal APWA American Public Works Association MGD Million Gallons Per Day RWQCB Regional Water Quality Control Board AQMD Air Quality Management District MOU Memorandum of Understanding SARFPA Santa Ana River Flood Protection Agency ASCE American Society of Civil Engineers NACWA National Association of Clean Water Agencies SARI Santa Ana River Interceptor BOD Biochemical Oxygen Demand NEPA National Environmental Policy Act SARWQCB Santa Ana Regional Water Quality Control Board CARB California Air Resources Board NGOs Non-Governmental Organizations SAWPA Santa Ana Watershed Project Authority CASA California Association of Sanitation Agencies NPDES National Pollutant Discharge Elimination System SCADA Supervisory Control And Data Acquisition CCTV Closed Circuit Television NWRI National Water Research Institute SCAP Southern California Alliance of Publicly Owned Treatment Works CEQA California Environmental Quality Act O & M Operations & Maintenance SCAQMD South Coast Air Quality Management District CIP Capital Improvement Program OCCOG Orange County Council of Governments SOCWA South Orange County Wastewater Authority CRWQCB California Regional Water Quality Control Board OCHCA Orange County Health Care Agency SRF Clean Water State Revolving Fund CWA Clean Water Act OCSD Orange County Sanitation District SSMP Sewer System Management Plan CWEA California Water Environment Association OCWD Orange County Water District SSO Sanitary Sewer Overflow EIR Environmental Impact Report OOBS Ocean Outfall Booster Station SWRCB State Water Resources Control Board EMT Executive Management Team OSHA Occupational Safety and Health Administration TDS Total Dissolved Solids EPA US Environmental Protection Agency PCSA Professional Consultant/Construction Services Agreement TMDL Total Maximum Daily Load FOG Fats, Oils, and Grease PDSA Professional Design Services Agreement TSS Total Suspended Solids gpd gallons per day PFAS Per- and Polyfluoroalkyl Substances WDR Waste Discharge Requirements GWRS Groundwater Replenishment System PFOA Perfluorooctanoic Acid WEF Water Environment Federation ICS Incident Command System PFOS Perfluorooctanesulfonic Acid WERF Water Environment & Reuse Foundation IERP Integrated Emergency Response Plan POTW Publicly Owned Treatment Works WIFIA Water Infrastructure Finance and Innovation Act JPA Joint Powers Authority ppm parts per million WIIN Water Infrastructure Improvements for the Nation Act LAFCO Local Agency Formation Commission PSA Professional Services Agreement WRDA Water Resources Development Act ORANGE COUNTY SANITATION DISTRICT GLOSSARY OF TERMS ACTIVATED SLUDGE PROCESS – A secondary biological wastewater treatment process where bacteria reproduce at a high rate with the introduction of excess air or oxygen and consume dissolved nutrients in the wastewater. BENTHOS – The community of organisms, such as sea stars, worms, and shrimp, which live on, in, or near the seabed, also known as the benthic zone. BIOCHEMICAL OXYGEN DEMAND (BOD) – The amount of oxygen used when organic matter undergoes decomposition by microorganisms. Testing for BOD is done to assess the amount of organic matter in water. BIOGAS – A gas that is produced by the action of anaerobic bacteria on organic waste matter in a digester tank that can be used as a fuel. BIOSOLIDS – Biosolids are nutrient rich organic and highly treated solid materials produced by the wastewater treatment process. This high-quality product can be recycled as a soil amendment on farmland or further processed as an earth-like product for commercial and home gardens to improve and maintain fertile soil and stimulate plant growth. CAPITAL IMPROVEMENT PROGRAM (CIP) – Projects for repair, rehabilitation, and replacement of assets. Also includes treatment improvements, additional capacity, and projects for the support facilities. COLIFORM BACTERIA – A group of bacteria found in the intestines of humans and other animals, but also occasionally found elsewhere, used as indicators of sewage pollution. E. coli are the most common bacteria in wastewater. COLLECTIONS SYSTEM – In wastewater, it is the system of typically underground pipes that receive and convey sanitary wastewater or storm water. CERTIFICATE OF PARTICIPATION (COP) – A type of financing where an investor purchases a share of the lease revenues of a program rather than the bond being secured by those revenues. CONTAMINANTS OF POTENTIAL CONCERN (CPC) – Pharmaceuticals, hormones, and other organic wastewater contaminants. DILUTION TO THRESHOLD (D/T) – The dilution at which the majority of people detect the odor becomes the D/T for that air sample. GREENHOUSE GASES (GHG) – In the order of relative abundance water vapor, carbon dioxide, methane, nitrous oxide, and ozone gases that are considered the cause of global warming (“greenhouse effect”). GROUNDWATER REPLENISHMENT SYSTEM (GWRS) – A joint water reclamation project that proactively responds to Southern California’s current and future water needs. This joint project between the Orange County Water District and OCSD provides 70 million gallons per day of drinking quality water to replenish the local groundwater supply. LEVEL OF SERVICE (LOS) – Goals to support environmental and public expectations for performance. N-NITROSODIMETHYLAMINE (NDMA) – A N-nitrosamine suspected cancer-causing agent. It has been found in the GWRS process and is eliminated using hydrogen peroxide with extra ultra-violet treatment. NATIONAL BIOSOLIDS PARTNERSHIP (NBP) – An alliance of the NACWA and WEF, with advisory support from the EPA. NBP is committed to developing and advancing environmentally sound and sustainable biosolids management practices that go beyond regulatory compliance and promote public participation to enhance the credibility of local agency biosolids programs and improved communications that lead to public acceptance. PER- AND POLYFLUOROALKYL SUBSTANCES (PFAS) – A large group (over 6,000) of human-made compounds that are resistant to heat, water, and oil and used for a variety of applications including firefighting foam, stain and water-resistant clothing, cosmetics, and food packaging. Two PFAS compounds, perfluorooctanesulfonic acid (PFOS) and perfluorooctanoic acid (PFOA) have been the focus of increasing regulatory scrutiny in drinking water and may result in adverse health effects including developmental effects to fetuses during pregnancy, cancer, liver damage, immunosuppression, thyroid effects, and other effects. PERFLUOROOCTANOIC ACID (PFOA) – An ingredient for several industrial applications including carpeting, upholstery, apparel, floor wax, textiles, sealants, food packaging, and cookware (Teflon). PERFLUOROOCTANESULFONIC ACID (PFOS) – A key ingredient in Scotchgard, a fabric protector made by 3M, and used in numerous stain repellents. PLUME – A visible or measurable concentration of discharge from a stationary source or fixed facility. PUBLICLY OWNED TREATMENT WORKS (POTW) – A municipal wastewater treatment plant. SANTA ANA RIVER INTERCEPTOR (SARI) LINE – A regional brine line designed to convey 30 million gallons per day of non-reclaimable wastewater from the upper Santa Ana River basin to the ocean for disposal, after treatment. SANITARY SEWER – Separate sewer systems specifically for the carrying of domestic and industrial wastewater. SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT (SCAQMD) – Regional regulatory agency that develops plans and regulations designed to achieve public health standards by reducing emissions from business and industry. SECONDARY TREATMENT – Biological wastewater treatment, particularly the activated sludge process, where bacteria and other microorganisms consume dissolved nutrients in wastewater. SLUDGE – Untreated solid material created by the treatment of wastewater. TOTAL SUSPENDED SOLIDS (TSS) – The amount of solids floating and in suspension in wastewater. ORANGE COUNTY SANITATION DISTRICT GLOSSARY OF TERMS TRICKLING FILTER – A biological secondary treatment process in which bacteria and other microorganisms, growing as slime on the surface of rocks or plastic media, consume nutrients in wastewater as it trickles over them. URBAN RUNOFF – Water from city streets and domestic properties that carry pollutants into the storm drains, rivers, lakes, and oceans. WASTEWATER – Any water that enters the sanitary sewer. WATERSHED – A land area from which water drains to a particular water body. OCSD’s service area is in the Santa Ana River Watershed.