[00:00:01] I'M CALLING TONIGHT'S MEETING TO ORDER. [CALL TO ORDER] PLEASE TAKE ROLL. ALL FIVE COUNCIL MEMBERS ARE PRESENT. I HAVE TO READ THE FOLLOWING. [ANNOUNCEMENT OF CONCURRENT MEETINGS] THE CITY COUNCIL IS SERVING AS THE CARLSBAD MUNICIPAL WATER DISTRICT BOARD OF DIRECTORS ON CONSENT CALENDAR ITEM NUMBER 6 AND AS THE CITY COUNCIL, CARLSBAD MUNICIPAL WATER BOARD OF DIRECTORS AND CARLSBAD PUBLIC FINANCING AUTHORITY ON DEPARTMENT AND CITY MANAGER REPORT ON ITEM NUMBER 12. NEXT IS THE PLEDGE. MISS LUNA, WILL YOU PLEASE LEAD US? [INAUDIBLE]. YOUR RIGHT HAND OVER YOUR HEART. [INAUDIBLE].OF ALLEGIANCE]. NEXT IS APPROVAL OF THE MINUTES, THE MINUTES OF THE SPECIAL MEETING HELD SEPTEMBER 30TH OF 24. [APPROVAL OF MINUTES] MOVE APPROVAL OF THE MINUTES AS RECITED BY THE MAYOR. SECOND. PLEASE VOTE. THAT PASSES UNANIMOUSLY. NEXT IS PRESENTATIONS. [PRESENTATIONS] FIRST PRESENTATION I INVITE MAYOR PRO TEM BHAT-PATEL TO PRESENT TO COUNCILWOMAN LORI GONZALEZ FROM THE RINCON BAND OF LUISENO INDIANS. GREAT. THANK YOU AND THIS IS FOR INDIGENOUS PEOPLES DAY AND AS WE ALL KNOW, IT'S A TIME TO HONOR THE RESILIENCE, HISTORY AND CULTURE OF NATIVE COMMUNITIES WHILE REFLECTING ON THEIR CONTRIBUTIONS AND ONGOING STRUGGLES AND SO WITH THAT, I'LL READ THE PROCLAMATION AND, COUNCILWOMAN GONZALEZ, IF YOU'D LIKE TO JOIN US AT THE PODIUM, I'D LOVE FOR YOU TO SAY A FEW WORDS ONCE I'M DONE. SO WHEREAS ON INDIGENOUS PEOPLES DAY, THE CITY OF CARLSBAD CELEBRATES THE INVALUABLE CONTRIBUTIONS AND RESILIENCE OF INDIGENOUS PEOPLES AND RECOGNIZES THEIR INHERENT SOVEREIGNTY AND WHEREAS AMERICAN INDIANS OF THE CARLSBAD REGION, PARTICULARLY THE LUISENO AND PAYOMKAWICHUM AND KUMEYAAY TIPAI-IPAI COMMUNITIES, HAVE BUILT VIBRANT AND DIVERSE CULTURES, SAFEGUARDING LAND, LANGUAGE, SPIRIT, KNOWLEDGE AND TRADITION ACROSS THE GENERATIONS AND WHEREAS THE CONTRIBUTIONS THAT NATIVE PEOPLES HAVE MADE THROUGHOUT HISTORY AND PUBLIC SERVICE, ENTREPRENEURSHIP, SCHOLARSHIP, THE ARTS AND COUNTLESS OTHER FIELDS ARE INTEGRAL TO OUR NATION, OUR CULTURE, AND OUR SOCIETY AND WHEREAS ON INDIGENOUS PEOPLES DAY, WE HONOR THE CITY OF CARLSBAD'S FIRST INHABITANTS AND THE TRIBAL NATIONS THAT CONTINUE TO THRIVE TODAY. THEREFORE, MAYOR PRO TEM BHAT-PATEL, ON BEHALF OF THE MAYOR AND CITY COUNCIL, DO HEREBY PROCLAIM OCTOBER 14TH, 2024 AS INDIGENOUS PEOPLES DAY IN THE CITY OF CARLSBAD AND WITH THAT, I'D LIKE TO PASS IT OFF TO MISS GONZALEZ. WELL, THANK YOU VERY MUCH. ON BEHALF OF MY COUNCIL, ALL MY TRIBAL MEMBERS, ALL THE PEOPLE OF THE WEST, AND ALL THE INDIGENOUS PEOPLE THAT CALL THIS HOME. I'M HONORED TO ACCEPT THIS AND JUST WANT TO SAY THAT IT STANDING HERE IN MY TRADITIONAL TERRITORY, ALL I CAN THINK OF IS THAT WE NEED TO STRENGTHEN OUR BONDS, AND HRINKO IS COMMITTED TO THAT. THANK YOU. WOULD YOU PLEASE WAIT? AND AT THE END OF THE THREE PROCLAMATIONS, WE'RE GOING TO DO SOME GROUP PICTURES. NEXT ONE IS PRESENTATION AND RECOGNITION OF NATIONAL ARTS AND HUMANITIES MONTH. AND I GET TO PRESENT THAT TO ARTS COMMISSIONER NORA GEORGE. NORA, WOULD YOU COME UP TO THE PODIUM? THE PROCLAMATION SAYS THE ARTS AND HUMANITIES EMBODY THE WISDOM, INTELLECT, AND IMAGINATION OF HUMANKIND. ENHANCING AND ENRICHING OUR COMMUNITY AND THE CREATIVE INDUSTRIES ARE VITAL SECTORS OF OUR ECONOMY, CREATING JOBS AND ECONOMIC ACTIVITY THAT HELP TO MAKE COMMUNITIES ATTRACTIVE FOR BUSINESS DEVELOPMENT. THE NATION'S ARTS CULTURE SECTOR IS A $1.1 TRILLION INDUSTRY THAT SUPPORTS 5.2 MILLION JOBS, REPRESENTING ABOUT 4.4% OF THE NATION'S ECONOMY. THE CITY OF CARLSBAD HAS DEMONSTRATED A VIBRANT HISTORY IN SUPPORTING THE IMPORTANCE OF THE ARTS IN THE LIVES AND HEALTH OF OUR THRIVING COMMUNITY. THE LIBRARY AND CULTURAL ARTS DEPARTMENT FOSTERS THE COMMUNITY'S CONNECTION TO LITERATURE, VISUAL AND PERFORMING ARTS, HISTORY, AND ULTIMATELY WITH EACH OTHER AS AFFIRMATION OF OUR SHARED HUMANITY. THEREFORE, I, KEITH BLACKBURN, MAYOR OF THE CITY OF CARLSBAD, CALIFORNIA, ON BEHALF OF THE ENTIRE CITY COUNCIL, DO HEREBY PROCLAIM OCTOBER AS NATIONAL ARTS AND HUMANITIES MONTH IN THE CITY OF CARLSBAD. [00:05:04] I'D LIKE TO THANK YOU. GOOD EVENING, MAYOR BLACKBURN AND MEMBERS OF THE COUNCIL. CINDY AND SCOTT. I'M NORA GEORGE, I'M THE VICE CHAIR FOR THE ARTS COMMISSION AND I ACCEPT THIS PROCLAMATION AND THANK YOU ON BEHALF OF THE ENTIRE ARTS COMMISSION FOR ACKNOWLEDGING THE IMPORTANCE OF THE ARTS IN THE CITY OF CARLSBAD. AS YOU KNOW, THE ARTS, WHETHER IT'S AN ARCHITECTURE DESIGN OR AN ART GALLERY SHOW, A FOREIGN FILM SCULPTURE, OR OUR VERY FAVORITE CONCERTS IN THE PARK. THEY ALL CONTRIBUTE TO OUR QUALITY OF LIFE HERE. AND AS YOU ALL KNOW, QUALITY OF LIFE IS OF THE UTMOST IMPORTANCE TO CARLSBAD RESIDENTS. THE ARTS GIVE A CITY CHARACTER. IT PROVIDES A SENSE OF SPACE AND IT UNIFIES THE COMMUNITY, MAKING AN ORDINARY CITY EXTRAORDINARY AND AS YOU ALL KNOW, CARLSBAD IS EXTRAORDINARY. IT WAS BROUGHT TO MY ATTENTION THAT CARLSBAD HAS THE OLDEST ART AGENCY IN SAN DIEGO COUNTY. THAT'S VERY COMMENDABLE, AND I HOPE THAT LONG STANDING TRADITION AND SUPPORT CONTINUES FOR MANY YEARS TO COME. IF YOU HAVEN'T ALREADY, PLEASE SIGN UP FOR THE CULTURAL ARTS E-NEWSLETTER TO STAY ON TOP OF ALL THE ACTIVITIES THAT THE DEPARTMENT DOES BRING HERE TO THE CITY AND THIS SATURDAY, WE'RE HAVING FLAMENCO DANCERS AT THE LIBRARY COURTYARD USING OUR SPACES CREATIVELY AND THERE WILL BE LIVE SPANISH GUITAR. SO COME ON OUT AND GET A LITTLE TASTE OF WHAT WE ALL DO AND THANK YOU VERY MUCH FOR YOUR CONSTANT AND UNWAVERING SUPPORT. THANK YOU. NEXT IS A PROCLAMATION AND RECOGNITION OF CARLSBAD FARMERS MARKETS 30 YEAR ANNIVERSARY INVITE COUNCIL MEMBER BURKHOLDER TO PRESENT TO CVA EXECUTIVE DIRECTOR CHRISTINE DAVIS. THANK YOU MAYOR. I'D LIKE TO INVITE MISS DAVIS UP TO THE PODIUM AND THE CARLSBAD FARMERS MARKET IS JUST ONE OF MANY WONDERFUL THINGS CARLSBAD VILLAGE ASSOCIATION DOES FOR THE COMMUNITY. IF YOU WERE ONE OF THE LUCKY FEW HUNDRED THAT GOT TO DO THE TASTE OF CARLSBAD RECENTLY, THEN YOU WOULD HAVE ENJOYED THAT AS WELL. AMONG MANY OTHER THINGS. I COULD GO ON FOR A WHILE ABOUT THIS, BUT IT'S LOCATED RIGHT IN THE HEART OF THE VILLAGE, SO WE APPRECIATE THAT. SO THIS IS A PROCLAMATION FOR THE CARLSBAD FARMERS MARKET 30 YEAR ANNIVERSARY CELEBRATION. WHEREAS FOR MORE THAN 30 YEARS, THE CARLSBAD VILLAGE ASSOCIATION HAS BEEN A KEY DRIVER IN THE ENHANCEMENT, PRESERVATION AND PROMOTION OF CARLSBAD VILLAGE AS A VIBRANT DESTINATION FOR RESIDENTS, BUSINESSES AND VISITORS ALIKE AND WHEREAS THE CARLSBAD VILLAGE ASSOCIATION HAS CHAMPIONED ECONOMIC PROSPERITY, BUSINESS IMPROVEMENT INITIATIVES AND COMMUNITY BUILDING PROGRAMS AND EVENTS THAT HAVE CONTRIBUTED SIGNIFICANTLY TO MAKING CARLSBAD VILLAGE A THRIVING AND ENGAGING DESTINATION AND WHEREAS THE CARLSBAD VILLAGE ASSOCIATION ESTABLISHED THE CARLSBAD FARMERS MARKET ON OCTOBER 12TH, 1994, WHICH HAS BECOME A CULTURAL GATHERING SPACE PROMOTING WELLNESS, SUSTAINABILITY AND THE LOCAL ECONOMY AND WHEREAS, THE WEEKLY CARLSBAD FARMERS MARKET IS A MUCH LOVED COMMUNITY RESOURCE THAT ATTRACTS 2000 VISITORS EACH WEEK, SUPPORTS MORE THAN 60 LOCAL VENDORS, AND GENERATES AN ESTIMATED $2.5 MILLION IN SALES ANNUALLY. NOW, THEREFORE, I COUNCILMEMBER MELANIE BURKHOLDER, ON BEHALF OF THE MAYOR AND CITY COUNCIL, DO HEREBY RECOGNIZE THE CARLSBAD FARMERS MARKET'S 30TH ANNIVERSARY AND COMMEND THE CARLSBAD VILLAGE ASSOCIATION FOR ITS UNWAVERING COMMITMENT TO ENHANCING THE CULTURAL, ECONOMIC, AND SOCIAL VIBRANCY OF CARLSBAD VILLAGE AND I INVITE YOU TO SAY A FEW WORDS. WELL, THAT SOUNDS FABULOUS. SO THANK YOU, MAYOR AND COUNCIL. THIS IS A LOVELY HONOR. I DID NOT START THE FARMERS MARKET 30 YEARS AGO, BUT I HAVE BEEN THERE ALMOST EVERY WEDNESDAY FOR THE LAST NINE AND A HALF YEARS. SO IT'S GOING ON A DECADE AND WE HAVE SUCH A BIG FAMILY OF VENDORS DOWN THERE. IT IS AN AMAZING ENVIRONMENT. WE'VE HELPED START WHAT WE'VE HELPED KEEP FAMILY FARMS IN BUSINESS, SOME OF THEM RIGHT HERE IN CARLSBAD. WE'VE STARTED NUMEROUS BUSINESSES PRAGER BROTHERS AND [INAUDIBLE] AND SAUCE AND OTHERS THAT, YOU KNOW, STARTED AT OUR MARKET AND I HAVE WITH ME ALSO HOLLY CHAMBERLAIN, THE FOUNDER AND OWNER OF CARLSBAD COOKIE COMPANY, ANOTHER ONE OF OUR AMAZING VENDORS. SO A WOMAN OWNED COMPANY. SHE'S BEEN WITH US NOW SEVEN YEARS. SEVEN YEARS. WE MET AT THE CHAMBER, SAID YOU NEED TO BE IN OUR MARKET AND SHE'S BEEN THERE EVER SINCE, AND IT'S THE ONLY MARKET THAT SHE DOES AND IT REALLY HAS HELP LAUNCH HER AMAZING COMPANY. SO THAT'S WHAT THE MARKET DOES. IT DOESN'T JUST BRING FOOT TRAFFIC TO THE VILLAGE, BUT IT STARTS BUSINESSES. IT KEEPS FARMS, THIRD GENERATION FARMS IN BUSINESS AND I JUST LOVE IT. [00:10:04] SO WE'LL SEE YOU ALL TOMORROW. 02:30 EVERY WEDNESDAY, 2:30 TO 7 AND THEN WHEN THE TIME CHANGES FOR ABOUT FOUR MONTHS, WE GO TO 6PM BUT WE'D LOVE TO SEE YOU ALL THERE. SO THANK YOU VERY MUCH. CHRISTINE, SINCE YOU'RE ALREADY STANDING, WILL YOU BE THE FIRST ONE TO JOIN US FOR A PHOTO? YES. NO. WHICH ONE DO I WANT? [INAUDIBLE]. NEXT IS PUBLIC COMMENT. [PUBLIC COMMENT] I HAVE TO READ THE FOLLOWING. THE BROWN ACT AND THE CITIES MEETING RULES ALLOW MEMBERS OF THE PUBLIC TO COMMENT ON ITEMS, NOT ON THE AGENDA, AS LONG AS THE COMMENTS ARE REGARDING MATTERS WITHIN THE CITY COUNCIL'S SUBJECT MATTER JURISDICTION. MEMBERS OF THE PUBLIC MAY ALSO COMMENT ON AGENDA ITEMS, AS LONG AS THE COMMENTS RELATE TO THE QUESTION OR MATTER UNDER CONSIDERATION. INFORMATION ON HOW TO PARTICIPATE IN THE MEETING IS ON THE FRONT PAGE OF THIS AGENDA. THE CITY COUNCIL RECEIVED NON-AGENDA PUBLIC COMMENT FOR A TOTAL OF 15 MINUTES. AT THE BEGINNING OF THE MEETING, CITY COUNCIL RECEIVED ANY ADDITIONAL NON-AGENDA PUBLIC COMMENTS AT THE END OF THE MEETING IN CONFORMANCE WITH THE BROWN ACT. NO ACTION MAY OCCUR ON NON-AGENDA ITEMS. WHEN MAKING YOUR COMMENTS, PLEASE TREAT OTHERS WITH COURTESY, CIVILITY AND RESPECT. WE WELCOME CLAPPING DURING THE CEREMONIAL PRESENTATIONS AT THE BEGINNING OF THE COUNCIL MEETING. HOWEVER, WE ASK THAT YOU REFRAIN FROM CLAPPING DURING THE BUSINESS SECTION OF THE MEETING, STARTING WITH THE NON-AGENDA PUBLIC COMMENT. THIS WILL HELP MAKE SURE THAT THE PEOPLE'S BUSINESS CAN BE CONDUCTED EFFICIENTLY, AND THAT OUR CHAMBER IS A PLACE WHERE ALL POINTS OF VIEW ARE WELCOMED AND RESPECTED. THE CLERK WILL CALL YOUR NAME. PLEASE COME UP TO THE PODIUM. YOU HAVE THREE MINUTES AT THE 2.5 MINUTE MARK. THE PODIUM WILL TURN YELLOW, GIVING YOU A NOTICE THAT YOU HAVE 30S LEFT. [00:15:01] I'VE ASKED THE CLERK TO TURN OFF THE MICROPHONE AT THE CONCLUSION OF THE THREE MINUTES. THAT WAY EVERYBODY GETS EXACTLY THE SAME AMOUNT OF TIME TO SPEAK. PLEASE CALL THE FIRST SPEAKER. MAYOR, WOULD YOU LIKE ME TO GIVE THE PUBLIC THE REPORT OUT OF CLOSED SESSION AFTER PUBLIC COMMENT, OR DID I MISS ONE? YES, PLEASE. SO WE HAVE TWO REPORT OUTS. THE CITY COUNCIL MET IN CLOSED SESSION ON SEPTEMBER 30TH TO DISCUSS SIGNIFICANT EXPOSURE TO LITIGATION. THERE WAS NO REPORTABLE ACTION. THE CITY COUNCIL MET THIS AFTERNOON TO HAVE A CONFERENCE WITH ITS LABOR NEGOTIATORS AND AGAIN, THERE WAS NO REPORTABLE ACTION. PLEASE CALL THE FIRST SPEAKER. MARY LUCID, FOLLOWED BY LISA MORGANTI. GOOD EVENING, ALL YOU DEDICATED PUBLIC SERVANTS AND SOON TO BE NEW COUNCIL MEMBERS, AND MAYBE A NEW COUNCIL MEMBER WILL HAVE THE COURAGE TO STAND UP FOR SENIORS. A SMALL SEGMENT OF THE POPULATION WHO ARE BEING SHORTCHANGED WITH THE LUNCHES AT THE SENIOR CENTER. WHEREAS CARLSBAD SENIOR CENTER USED TO BE A PARAGON OF VIRTUE AND THE GOLD STANDARD, IT HAS NOW FALLEN TO THE BASEMENT OF SENIOR CENTERS AND THAT'S ON YOUR WATCH. JUST SAYING. IT'S TIME TO TALK TO KYLE LANCASTER, THE DIRECTOR OF PUBLIC RELATIONS. OUR DIRECTOR OF PARKS AND REC AND MICK CALARCO, WHO OVERSEES THE SENIOR CENTER SO THAT THE SENIORS CAN AT LEAST HAVE SALADS WITH THEIR MEALS LIKE THEY USED TO INSTEAD OF LESS. I GUESS IT SAVES MONEY AND THAT HELPS TO PAY BIG SALARIES. BUT COME ON GUYS. SENIORS NEED THEIR GREEN SALAD, AND IT'S UP TO YOU TO CHECK AND SEE THAT THEY'RE GETTING THE FRIENDLY PLACE TO GATHER AND THE SERVICES. AND IT'S NICE TO BELIEVE EVERY WORD YOUR COLLEAGUES SAY, BUT SOMETIMES THEY'RE NOT ALWAYS THE ABSOLUTE LAST WORD AND IS THAT THE DIRECTION YOU WANT TO GO? YOU SET THE TONE. IF YOU DON'T WANT TO SERVE SENIORS AND GIVE THEM GOOD FOOD AND SALADS AT EVERY LUNCHEON. SHAME ON YOU. THAT'S ALL I'VE GOT TO SAY ABOUT THAT. ALTHOUGH I'LL PROBABLY THINK OF SOME NEW THINGS THAT YOU COULD DO IF YOU WANTED TO HELP OUT SENIORS. BECAUSE ONE OF THESE DAYS YOU ARE GOING TO BE A LITTLE OLD LADY LIKE ME OR A LITTLE OLD MAN. EXCUSE ME AND YOU MAY WANT BETTER, MORE INTERESTING SERVICES. WHO CANNOT MAKE WE BOWLING POPULAR? OF COURSE, IF YOU ONLY HAVE ONE MACHINE AND PEOPLE HAVE TO WAIT FOR HALF AN HOUR TO USE IT, I GUESS THAT WOULD DISCOURAGE SENIORS FROM USING IT ANYWAY, DO YOUR BEST ABOUT THE FOOD. TALK TO KYLE LANCASTER. HE'S THE DIRECTOR OF PARK AND REC. HE'S NOT INTERESTED IN UPGRADING THE SERVICES AND WHAT HAVE WE GOT TO SHOW? FOR ALL THOSE YEARS? I'VE BEEN BANNED FOR NINE MONTHS BECAUSE I WALK AGGRESSIVELY. IF YOU CAN'T TRAIN YOUR PERSONNEL TO KNOW WHAT IS A DANGER AND WHAT ISN'T, IF YOU THINK I'M BAD, YOU SHOULD SEE SOME OF THE PEOPLE I KNOW. GOOD EVENING, MAYOR AND CITY COUNCIL. I'M SORRY. THIS IS A VERY UPSETTING SITUATION FOR ME. I WALKED INTO AN ESTABLISHMENT HERE IN THE VILLAGE, AND I WALK INTO MANY ESTABLISHMENT. PLEASE A LITTLE BIT CLOSER TO THE MICROPHONE. I AM A RESIDENT OF THE VILLAGE AND HAVE BEEN FOR MOST OF 20 YEARS, AND I HAVE A SERVICE DOG THAT'S LEGALLY REGISTERED AND TRAINED FROM THE SAM SIMON FOUNDATION IN MALIBU, AND ALSO HAS AN ASSISTANT DOG TAG FROM THE COUNTY OF SAN DIEGO. I WALKED INTO AN ESTABLISHMENT HERE IN THE VILLAGE AND GOT TOLD I WAS NOT ALLOWED WITH MY DOG, AND I PROCEEDED TO SHOW THEM HIS IDENTIFICATION, HIS TAG, AND STILL GOT TOLD NO, I KINDLY ASKED TO EITHER SPEAK WITH THE OWNER OR THE MANAGER AND GOT TOLD IT DIDN'T MATTER BECAUSE THE OWNER REFUSED DOGS INSIDE REGARDLESS OF THEIR STATUS AND THAT'S WHY OUTSIDE STABLES ARE OUT THERE AND THAT BY AMERICAN DISABILITIES ACT [00:20:02] IS ILLEGAL AND IT'S THE ONE AND ONLY ESTABLISHMENT THAT I HAVE RUN INTO THIS IN THE VILLAGE AND IT WAS NOT ONLY EMBARRASSING, IT WAS VERY HUMILIATING. SO I'M JUST ASKING IF THE COUNCIL COULD PLEASE ADDRESS THIS PARTICULAR ONE AND THE REST OF THE YEAR ESTABLISHMENTS AND LET THEM KNOW THAT THERE ARE THEY'RE NOT ABOVE THE LAW, THAT THERE ARE LAWS FOR SERVICE DOGS AND THE PEOPLE WHO OWN THEM, AND WE CANNOT BE DENIED SERVICE BECAUSE THEY CHOOSE NOT TO ALLOW THE DOG IN THE RESTAURANT. THANK YOU. RIGHT OVER HERE IS OUR POLICE CHIEF. WOULD YOU PLEASE TALK WITH HER ABOUT IT AND SHE'LL HELP YOU WITH THE RESOLUTION. THANK YOU FOR YOUR TIME, I APPRECIATE IT. PAIGE [INAUDIBLE]. FOLLOWED BY RAUL VILLAMAR. HI. MAYOR AND COUNCIL MEMBERS. I'M PAIGE [INAUDIBLE] CARLSBAD RESIDENT. LAST WEEK, THE PLANNING COMMISSION, IN A NARROW 4 TO 3 VOTE, DECIDED TO RECOMMEND THE UPDATED CLIMATE ACTION PLAN, OR CAP, AFTER REMOVING THREE MEASURES THAT WERE OF CONCERN BY THE BUILDING INDUSTRY, BUT NOT YOUR CONSTITUENTS. THE FIRST TWO MEASURES DEAL WITH REACH CODES THAT WOULD ENCOURAGE ELECTRIFICATION OF NEW RESIDENTIAL AND NONRESIDENTIAL BUILDINGS THROUGH PERFORMANCE STANDARDS. THE COMMISSIONERS WERE REPEATEDLY TOLD BY CITIZENS AND STAFF THAT REACH CODES MUST BE COST EFFECTIVE TO BE APPROVED BY THE CALIFORNIA ENERGY COMMISSION, BUT I GUESS THEY CHOSE TO IGNORE THAT INFORMATION. THE THIRD MEASURE HAD TO DO WITH SOLAR ARRAYS IN MUNICIPAL PARKING LOTS, IN COMMUNICATIONS WITH THE REGIONAL SOLAR COMPANY SYNESTHETICS. ONE OF THEIR VICE PRESIDENTS SHARED WITH ME THAT FOR NON-PROFITS LIKE CARLSBAD, THE RETURN ON INVESTMENT FOR SUCH PROJECTS IS 5 TO 6 YEARS. WITH THE HIGH COST OF ELECTRICITY IN OUR AREA FOR THE LIFETIME OF THE SYSTEM AND USING CURRENT RATES, HE PROJECTED, THE CITY COULD ANTICIPATE A SAVINGS OF AT LEAST 75% ON ITS ELECTRICITY COSTS. THIS IS BOTH AN ECONOMIC AND AN ENVIRONMENTAL BENEFIT. IN ANY EVENT, THE CAP SHOULD HAVE A FULL MENU OF OPTIONS FOR YOU TO SELECT FROM EVERY YEAR. YOU RECEIVE AN ANNUAL CAP REPORT AND CAN DETERMINE WHICH MEASURES SHOULD BE IMPLEMENTED. HAVING MEASURES IN THE CAP DOES NOT, I REPEAT, DOES NOT MANDATE THAT THEY BE IMPLEMENTED. WHY WOULD YOU EVER LIMIT YOUR OPTIONS LIKE ANY MENU? YOU SHOULD WANT TO SEE ALL THE POSSIBLE OPTIONS WHEN THE UPDATED CAP COMES BEFORE YOU. NEXT MONTH, I TRUST YOU'LL BE WISE ENOUGH TO ADOPT ALL THE MEASURES PRESENTED TO YOU. THANK YOU. MY NAME IS RAUL VILLAMAR. I COULDN'T MAKE IT IN TWO WEEKS AGO TO TALK ABOUT THE SMART AND FINAL. DISAPPOINTED. THE ONLY ONE THAT VOTED. THANK YOU AND WE YOU KNOW, I KEEP ON COMING HERE AND LOSING TIME. IT SAYS ON THERE THAT WE GET THREE MINUTES. YOU'VE TAKEN SEVERAL TIMES THAT I'VE BEEN OUT HERE. YOU'VE GIVEN US TWO. WHEN DO WE GET THE EXTRA MINUTES BACK? YOU KNOW THERE'S A THING JUST CAME OUT AND IT SAYS NATIVE AMERICANS LOST THEIR HISTORY, THEIR LAND, THEIR CULTURE AND IT'S ONE OF THE LEAST DISCUSSED GENOCIDES IN THE WORLD. HISTORY. YOU KNOW, WE'RE LOSING THE BARRIO. ENCINITAS HAS LOST TORTILLA FLATS, THE SOLANA BEACH, LA COLONIA, AND ALSO THE EDEN GARDENS. WHAT ELSE ARE WE GOING TO START COMING HERE? I'VE, OUR NEXT DOOR NEIGHBOR, JUST MOVED OUT BECAUSE THEY DON'T WANT TO BE LIVING BEHIND SMART AND FINAL ANYMORE, BECAUSE THEY'RE COMING OUT WITH ALL THIS KIND OF STUFF. THEY'RE YOU FOLKS HAD A COUPLE MONTHS AGO. WELL, LAST YEAR YOU HAD PROCLAMATION ON THE HIDALGO TREATY. YOU FOLKS. I SAT IN THE BACK. THEY DIDN'T WANT TO SAY ANYTHING BECAUSE YOU HAD A LOT OF KIDS IN HERE. THE HIDALGO TREATY WAS WHEN JAMES POLK, IN THE 1940S, IN THE 1840S, DECIDED TO START A WAR WITH MEXICO, TOOK THE LAND. YOU HAD COLORADO, CALIFORNIA, ALL THESE LANDS AND SO I'M BACK THERE JUST LOOKING AT THEM, GOING, LIKE, FOLKS, AFTER READING THE HISTORY OF MEXICO A LITTLE LONGER. WE LOST 55%. WE'RE LOSING THIS AREA BACK HERE BECAUSE ALL THE ALL THE LATINOS ARE MOVING OUT NOW. I SEE EVERY MORNING THEY COME BY, THEY I ALL I SEE NOW IS THE ZOMBIES. THEY'RE ALL DRUG ADDICTS, MENTAL ADDICTS, MENTAL PEOPLE. [00:25:03] SEX OFFENDERS. THAT'S NOT WHAT I WANT IN MY BACKYARD. YOU FOLKS HAVE A BACKYARD? NOT IN MY BACKYARD. YOU HAVE ALL THESE OTHER KIND OF SAYINGS. THE GENTLEMAN WHO, FROM THE CHAMBER OF COMMERCE SAID LAST WEEK THAT IT SHOULD BE A COUPLE OF WEEKS AGO, SAID IN THE IN THE MEETING. IN AN INTERVIEW ON TV, HE SAYS LET'S GET OUT. OUT WITH THE OLD, IN WITH THE NEW. SHOULDN'T BE THE CHAMBER OF COMMERCE BE GETTING OUT HERE. GET NEW PEOPLE IN HERE. YOU KNOW, IT'S JUST WE'VE BEEN THERE SINCE MY FAMILY HAS BEEN THERE SINCE 1931. I'VE BEEN AROUND SINCE 1965. I PLAYED BALL AT CHASE FIELD, LITTLE LEAGUE, AND THAT'S NEXT THING. I DON'T KNOW IF YOU GUYS, WHY HASN'T YOU GUYS PUTTING A INSTEAD OF PUTTING IN A SMART AND FINAL PUT IT BEHIND THE, BEHIND THE CITY HALL OR ACROSS THE STREET NEXT TO THE FIRE STATION. WE DRIVE UP DOWN AND WE DROVE DOWN TO RAUL. YOUR TIME IS UP. WE GOT THE WE GOT THE POINT, THOUGH. THANK YOU. [INAUDIBLE] GENE WALKER. COUNCIL MEMBER ACOSTA STATED THAT ANYONE WHO WANTED TRANSPARENCY REGARDING HER LEAGUE OF CITY'S VOTES AND ISSUES NEED ONLY ASK HER. I AM ASKING FOR THE THIRD TIME FOR FULL VOLUNTARY DISCLOSURE. IF TAXPAYER FUNDS ARE PAYING FOR COUNCIL MEMBERS TO ATTEND LEAGUE OF CITIES EVENTS, IT IS IMPERATIVE THAT WE KNOW HOW THEY ARE VOTING ON ISSUES WHILE AT THOSE EVENTS. COUNCIL MEMBER ACOSTA. PLEASE LET CARLSBAD KNOW HOW YOU VOTED ON PROP ONE AND PROP FIVE WHILE ON THE LEAGUE OF CITIES BOARD. BOTH PROPOSITIONS ARE SUPPORTED BY LEAGUE OF CITIES AND NEITHER SUPPORT LOCAL CONTROL. PROP FIVE ALSO WEAKENS PROP 13, WHICH MANY OLDER RESIDENTS OF CARLSBAD RELY ON IN ORDER TO STAY IN THEIR HOMES. PLEASE DISCLOSE WHETHER YOU SUPPORTED THE GOVERNOR'S LEGISLATIVE PACKAGE, WHICH COMPETED WITH PROP 36, ONLY TO BE ABANDONED WHEN THE CALIFORNIA DISTRICT ATTORNEYS ASSOCIATION THANKFULLY REFUSED TO NEGOTIATE. AS YOU KNOW, THE CALIFORNIA LEAGUE OF CITIES SUPPORTED ONLY THE LEGISLATIVE PACKAGE, NOT PROP 36, UNTIL JULY OF 2024. EACH YEAR, EACH LEAGUE OF CITIES LATINO CAUCUS BOARD MEMBER IS REQUIRED TO RAISE A MINIMUM OF $5,000 FROM SPONSORS. YOU HAVE SERVED ON THAT BOARD FOR THREE YEARS, RAISING AT A MINIMUM $15,000, FROM WHOM ANY COMPETENT CITY ATTORNEY WOULD HAVE ALREADY INSISTED ON DISCLOSURE OF THIS INFORMATION AS A FIREWALL TO PREVENT TO PREVENT CONFLICT OF INTEREST. MEMBERS OF THE BOARD OF DIRECTORS OF THE LEAGUE OF CITIES COMMIT TO SUPPORTING THE LEAGUE OF CITIES POLITICAL ACTION COMMITTEE. CITY PARK BOARD MEMBERS ALSO COMMIT TO REACHING OUT TO BUSINESSES TO SUPPORT THE PACK. PUBLIC RECORDS REVEAL THAT COUNCILMEMBER ACOSTA HAS ALREADY DONATED OVER $500 FROM HER PERSONAL FUNDS TO CITY PAC. YOU KNOW WHO ELSE STARTED DONATING TO CITY PAC FOR THE FIRST TIME? RIGHT AROUND THE SAME TIME THAT SHE WAS ASSIGNED TO THE BOARD OF LEAGUE OF CITIES REPUBLIC SERVICES. DID YOU ASK REPUBLIC SERVICES TO DONATE TO CITY PAC AFTER VOTING THEM A CONTRACT THAT WAS $2 MILLION MORE THAN THE COMPETING BID? WITHOUT FULL DISCLOSURE, WE WILL NEVER KNOW. ANY COMPETENT CITY ATTORNEY WOULD HAVE REQUIRED YOU TO DISCLOSE THESE REQUESTS BECAUSE THEY CREATE THE APPEARANCE OF CONFLICT. COUNCIL MEMBER ACOSTA WAS RECENTLY SELECTED TO SERVE AS THE SECOND VICE PRESIDENT OF THIS ORGANIZATION, MEANING EVEN MORE CITY FUNDED TRAVEL AND MORE POTENTIAL FOR CONFLICTS WITHOUT DISCLOSURE. THE CITY IS AT LIABILITY. CONTRARY TO COUNCIL MEMBER ACOSTA STATEMENTS, VOICE VOTES ARE NOT JUST THE WAY LEAGUE OF CITIES VOTES ARE HANDLED. THERE IS A PROVISION IN LEAGUE OF CITIES BYLAWS, SPECIFICALLY ARTICLE 12, SECTION 2C THAT ALLOWS A ROLL CALL VOTE. MAYOR BLACKBURN, AS THE LEADER OF THE CITY COUNCIL, YOU HAVE THE AUTHORITY TO REQUEST A MOTION TO REQUIRE ANY COUNCIL MEMBER WHO SERVES ON THE BOARD OF LEAGUE OF CITIES TO REQUEST A ROLL CALL VOTE. THAT WAS OUR FIFTH SPEAKER. NEXT IS CONSENT CALENDAR ITEMS 1 THROUGH 8. [CONSENT CALENDAR] [00:30:03] DOES ANY COUNCIL MEMBERS CHOOSE TO PULL A CONSENT CALENDAR ITEM? DO WE HAVE ANY SPEAKERS ON ITEMS ONE THROUGH EIGHT? YES, MAYOR, WE HAVE SPEAKERS ON ITEM NUMBER ONE AND ITEM NUMBER SEVEN. OKAY. ITEM NUMBER ONE THOMAS KRAUS. ITEM NUMBER SEVEN, MARY LUCID. THANK YOU FOR ALLOWING ME TO SPEAK. I'M A 27 YEAR RESIDENT OF CARLSBAD AND NO COINCIDENCE, I'M ALSO A CURRENT CANDIDATE FOR CITY TREASURER AND IN GETTING UP TO SPEED ON SOME OF THE HISTORICAL REPORTING AND ACTIVITIES IN THE TREASURER'S OFFICE. I'D LIKE TO MAKE A GENERAL COMMENT THAT I THINK THE TRANSPARENCY OF WHAT HAS GONE ON WITHIN THE TREASURER'S OFFICE AND THE PROCESS OF SUPERVISION IS VERY OPAQUE, AND I'M NOT NECESSARILY SAYING THAT ANYTHING UNTOWARD HAS GONE ON, BUT CERTAINLY SOME INVESTMENT LOSSES HAVE BEEN REALIZED AND I'D LIKE TO DISCUSS THAT BRIEFLY AND I FEEL THAT THE LEVEL OF TRANSPARENCY IN THE REPORTING, INCLUDING THE MONTHLY REPORTING AND THE ANNUAL REPORTING, COULD BE EASILY IMPROVED AND FAIRLY SIMPLY. SO AS AN EXAMPLE, I WOULD SAY WITH RESPECT TO THE REPORTING, THE BIGGEST MISSING ITEM IS WHAT WE CALL A GIBBS COMPLIANT RETURN. GLOBAL INVESTMENT PERFORMANCE STANDARDS IS DEVELOPED AND CHAMPIONED BY THE ASSOCIATION FOR INVESTMENT MANAGEMENT OF RESEARCH, WHICH LATER BECAME THE CFA SOCIETY, WHICH HAPPENS TO BE THE SPONSOR OF MY CFA DESIGNATION, WHICH IS THE GLOBAL PREMIER DESIGNATION FOR ANYONE IN PROFESSIONAL INVESTMENT MANAGEMENT. YOU'LL FIND PROBABLY 90% OF ALL MUTUAL FUND MANAGERS ARE CFA'S. MOST SENIOR ANALYSTS AT HEDGE FUNDS OR PORTFOLIO MANAGERS AT HEDGE FUNDS HAVE CFA'S AND SO WHAT'S MISSING IS THE ACTUAL INVESTMENT RETURNS ON A MONTH TO MONTH BASIS. IT SHOULD BE FRONT AND CENTER, RIGHT ON THE FIRST PAGE. IF YOU HAD A MUTUAL FUND OR ANY OTHER KIND OF INVESTMENT FUND AND YOU GOT A SUMMARY OF YOUR RETURNS, THAT'S THE FIRST NUMBER YOU'D WANT TO SEE. IT'S SORT OF LIKE THAT COMMON CONSUMER LANGUAGE THAT WE GET WITH OUR CREDIT CARDS. WHAT'S MY ANNUAL FEE? WHAT'S THE MAXIMUM INTEREST RATE THAT IS NOWHERE TO BE FOUND EITHER ON THE FIRST TWO PAGES OF THE MONTHLY REPORT, AND NEITHER IN THE ANNUAL REPORT AND THE CRITICAL DYNAMIC. MATHEMATICALLY, WHAT GETS LOST IS WHEN YOU BUY A BOND. FOR INSTANCE, LET'S SAY A 1% BOND FOR ONE YEAR, YOU BUY IT AT $1,000. YOU GET, YOU KNOW, $10 OF INTEREST OVER THE YEAR AND THEN MATURITY AT THE END. THE PROBLEM IS, WHICH IS WHAT HAPPENED SIGNIFICANTLY STARTING IN ABOUT 2019, IS THAT A BUNCH OF BONDS WERE BOUGHT AT A HALF A PERCENT AND THERE WERE FIVE YEAR BONDS. AND THEN WHEN INTEREST RATES WENT TO 5%, THE MARKET VALUE OF THOSE BONDS HAD TO GO DOWN COMMENSURATELY TO EQUATE THE INTEREST RATE THAT A BUYER COULD GET IF THEY WENT TO THE MARKETPLACE THAT DAY AND YOU'LL SEE IN THIS, IF YOU LOOK AT THE ANNUAL REPORT OF INVESTMENTS, THIS HISTORICAL UNREALIZED GAINS AND LOSSES, FISCAL YEAR 2324 AND THE NINE PRIOR YEARS IT BOTTOMED OUT AT AROUND 6%. WELL, 6% OF $900 MILLION IS $54 MILLION OF ACCUMULATED LOSSES THAT WERE INCURRED AT THAT POINT AND THE ANNUAL LOSSES ON THE WAY DOWN EXCEEDED THE TOTAL AMOUNT OF INTEREST IN THE REPORTS. BUT THE REPORTS ONLY TELL YOU HOW MUCH INTEREST WAS MADE, NOT HOW MUCH WAS LOST ECONOMICALLY. THANK YOU. PLEASE CALL THE SPEAKER. MARY LUCID ITEM SEVEN. HELLO AGAIN. I'D LIKE TO ASK YOU TO POSTPONE APPROVING ITEM NUMBER SEVEN UNTIL YOU'VE HAD MORE TIME TO STUDY. HOW UPGRADED THE SERVICES ARE. I'M VERY SUSPICIOUS BECAUSE THEY HAVE DOWNGRADED THE MEAL PREPARATION AT THE SENIOR CENTER. I DON'T KNOW WHO'S ORDERING THE FOOD OVER THERE, BUT APPARENTLY THEY'RE NOT EATING THERE. I HOPE THAT WHEN YOU HAVE A DAY OFF CITY COUNCIL MEMBERS, YOU CAN GO TO THE SENIOR CENTER AND ENJOY THE MEAL THERE TO SEE EXACTLY WHAT SENIORS ARE GETTING. IT'S ACTUALLY NOT THAT BAD. THINK OF HIGH SCHOOL LUNCH IN ANY CASE. YOU'RE SHORTCHANGING SENIORS AND YOU HAVE MONEY. THE CITY OF CARLSBAD SHOULD BE HOLDING TO THE STANDARDS FROM THE PAST AND GROWING SERVICES, AND NOT LETTING THINGS WALK OUT THE DOOR BECAUSE THEY DON'T STAMP PROPERTY OF CARLSBAD SENIOR CENTER ON THEM [00:35:08] AND NOT HAVING MONEY TO BUY A COUPLE OF WII BOWLING MACHINES, YOU KNOW. $450 900. TAXES FOR $1,000. YOU'RE NOT HAVING ACTIVITIES THAT ARE POPULAR IN OTHER PLACES. WHAT'S WRONG WITH THIS PICTURE? I KNOW SCOTT CHADWICK IS VERY SAVVY AND GOOD WITH PEOPLE, SO WHY AREN'T YOU SENDING HIM TO TALK TO THE SENIOR CENTER MANAGEMENT? THE PARK AND REC DIRECTOR TO SEE. COULD THE MONEY BE SPENT BETTER? COULD IT BE INVESTED TO PROVIDE EQUIPMENT FOR NEXT YEAR. EQUIPMENT FOR THIS YEAR. IT'S A BIG BUDGET. IF YOU WANT TO HAND OUT MONEY TO MANAGEMENT, HAND OUT A 10% OF IT IN EQUIPMENT FOR THE SENIORS TO USE. THAT MIGHT BE A SMART WAY TO SAVE THE MONEY BECAUSE THE MONEY IS GOING TO BE SPENT. IT MIGHT AS WELL BE SPENT IN SOMETHING TANGIBLE THAT LASTS FROM YEAR TO YEAR AND SERVES YOUR COMMUNITY. THE 20% OF THE AGING SENIORS IN CARLSBAD AND SURROUNDING AREAS. SO PLEASE UPGRADE YOUR GAME AND DO YOUR JOB AND HELP A SENIOR. YOU NEVER KNOW WHEN SOME LITTLE OLD LADY OR LITTLE OLD MAN. THERE ARE NO MORE SPEAKERS. THANK YOU. ANY QUESTIONS OR COMMENTS FROM COUNCIL? MOTION, PLEASE. MOVE CONSENT ITEMS ONE THROUGH EIGHT. SECOND. PLEASE VOTE. PASSES UNANIMOUSLY. ITEM NUMBER NINE, CITY MANAGER. [9. ORDINANCE AMENDING CARLSBAD MUNICIPAL CODE SECTIONS 18.21.030 (GREEN BUILDING STANDARDS CODE – SITE DEVELOPMENT) AND 18.04.055 (BUILDING CODE – BOARD OF APPEALS) WITH FINDINGS OF FACT SUPPORTING CALIFORNIA BUILDING STANDARDS CODE AMENDMENTS (MCA 2024-2003)] SO THE ITEM NUMBER NINE IS AN ORDINANCE AMENDING CARLSBAD MUNI CODE SECTIONS 18.21.030, WHICH IS THE GREEN BUILDING STANDARDS CODE SITE DEVELOPMENT SECTION AND 18.04.055, WHICH IS THE BUILDING CODE BOARD OF APPEALS WITH FINDINGS OF FACT SUPPORTING CALIFORNIA BUILDING STANDARDS CODE AMENDMENTS MAKING. OUR PRESENTATION TODAY IS OUR ASSISTANT COMMUNITY DEVELOPMENT DIRECTOR, MIKE STRONG. MIKE, THANK YOU AND GOOD EVENING, COUNCIL. THE STATE OF CALIFORNIA, THROUGH THE BUILDING STANDARDS COMMISSION, UPDATES AND ADOPTS AND UPDATES STANDARDS THAT REGULATES BUILDING CONSTRUCTION ACTIVITY. THE MOST RECENT UPDATES IN 2024 CHANGES THE INFRASTRUCTURE REQUIREMENTS FOR MULTIFAMILY PROJECTS FOR ELECTRIC VEHICLE CHARGING STATIONS. THE PROPOSED AMENDMENTS TO THIS SECTION OF THE CODE IS TO RECONCILE THE DIFFERENCES BETWEEN THE STATE LAW AND LOCAL CODE, TO MAKE SURE THAT OUR LOCAL CODE IS CONSISTENT WITH STATE LAW. AT THE SAME TIME, STAFF IS ALSO RECOMMENDING CHANGES TO SECTION 1804, WHICH REGULATES APPEAL PROCEDURES, AND THE PROPOSED OR THE RECOMMENDATION IS TO CHANGE THE FINAL DECISION MAKING BODY ON APPEALS TO BE THE CITY COUNCIL. SO THE CITY COUNCIL WILL TAKE FINAL ACTION ON ANY APPEALS OF A BUILDING, OFFICIAL DETERMINATION OR ORDER. THAT CONCLUDES STAFF'S PRESENTATION. DO WE HAVE ANY SPEAKERS ON ITEM NUMBER NINE? NO, SIR. QUESTIONS FROM COUNCIL. COMMENTS FROM COUNCIL MOTION, PLEASE. YES. MOVE OR INTRODUCE THE ORDINANCE AND AGENDA ITEM NUMBER NINE. AND SCHEDULE A PUBLIC HEARING FOR THE SECOND READING. SECOND. PLEASE VOTE. PASSES UNANIMOUSLY. THANK YOU. ITEM NUMBER TEN, CITY MANAGER. [10. CLEAN ENERGY ALLIANCE UPDATE] GREAT. THANK YOU SO MUCH. ITEM NUMBER TEN IS THE CLEAN ENERGY ALLIANCE UPDATE. AND MAKING THE INITIAL INTRODUCTIONS WILL BE OUR INTERGOVERNMENTAL AFFAIRS DIRECTOR, MR. JASON HABER, SIR. THANK YOU, MR. CHADWICK. GOOD EVENING, MAYOR AND CITY COUNCIL MEMBERS. THE CLEAN ENERGY ALLIANCE, AS YOU KNOW, IS A COMMUNITY CHOICE ENERGY JOINT POWERS AUTHORITY THAT HAS BEEN SERVING THE CITY OF CARLSBAD, DEL MAR AND SOLANA BEACH SINCE 2021 AND SINCE THAT TIME HAS EXPANDED INTO SERVING THE CITIES OF VISTA, OCEANSIDE, SAN MARCOS AND ESCONDIDO AS WELL. HAPPY TO INTRODUCE GREG WADE, THE CEO OF THE CLEAN ENERGY ALLIANCE, TONIGHT TO PROVIDE AN UPDATE AND OVERVIEW OF THE ALLIANCE'S OPERATIONS AND PERFORMANCE TO DATE AND LOOK AHEAD INTO THE YEAR AHEAD. MR. WADE, THANKS FOR BEING HERE. THANK YOU. THANK YOU. JASON. MAYOR BLACKBURN, MEMBERS OF THE COUNCIL. MR. CHADWICK, IT'S GOOD TO BE HERE TODAY AND BEFORE I START, I JUST WANT TO THANK THE CITY OF CARLSBAD FOR SPEARHEADING AND FOUNDING CLEAN ENERGY ALLIANCE. [00:40:06] IT WAS NO SMALL EFFORT, AND ONE THAT WE'RE HAPPY TO SAY IS NOW SEVEN CITIES STRONG. SO SHOULD I TELL PEOPLE TO ADVANCE THE SLIDES OR. ALL RIGHT. THANKS. SO JUST AN OVERVIEW OF THE JOINT POWERS AUTHORITY AGREEMENT THAT WAS CREATED SOME TIME AGO. IT'S TO SUPPORT OUR MEMBER AGENCIES WITH ACHIEVING THEIR CLIMATE ACTION PLAN GOALS, MOST NOTABLY TO REDUCE GREENHOUSE GAS EMISSIONS, TO PROMOTE RATE STABILITY, WHICH IS SOMETHING I'LL GET INTO A LITTLE LATER IN THE PRESENTATION, AND COST SAVINGS WHERE POSSIBLE, FOSTERING CONSUMER CHOICE, FOSTERING LOCAL CONTROL AND LOCAL BENEFIT, AND ROLLING OUT PROGRAMS THAT BENEFIT THE LOCAL COMMUNITIES, WHICH I'LL ALSO DESCRIBE AND THEN PROMOTE A WIDE VARIETY OF DIFFERENT PROGRAMS AND ENERGY EFFICIENCY PROGRAMS THAT WE ARE EMBARKING UPON. SO JUST A LITTLE UPDATE AS TO THE ENROLLMENT STATISTICS FOR CARLSBAD. THIS IS REALLY CENTRALIZED ON YOUR CITY. CARLSBAD HAS A PARTICIPATION RATE IN CEA OF 91%. THE TERRITORY AS A WHOLE HAS A PARTICIPATION RATE OF 94%. CARLSBAD CUSTOMERS TOTAL 49,739, AND 213 OF THOSE HAVE OPTED UP TO BE GREEN IMPACT CUSTOMERS, AND 161 HAVE OPTED DOWN TO A 50% RENEWABLE PRODUCT. THIS SHOWS THE STATISTICS FOR CARLSBAD IS BROKEN OUT BY THE CUSTOMER CLASS, RESIDENTIAL AND COMMERCIAL. AS YOU CAN SEE, RESIDENTIAL CUSTOMERS ACCOUNT FOR 68% OF THE LOAD IN CARLSBAD, WHILE COMMERCIAL REPRESENTS 32% AND YOU CAN SEE THERE THAT THE TOTAL PARTICIPATION BY LOAD IS RATHER STRONG AS WELL, FOR BOTH COMMERCIAL AND RESIDENTIAL, AT 89% AND 85% PERCENT RESPECTIVELY. WE'VE BEEN SUPPORTING THE CLIMATE ACTION PLAN BY ENGAGING WITH ALL THE STAFF SUSTAINABILITY STAFF FOR OUR MEMBER AGENCIES, INCLUDING THE CITY OF CARLSBAD. I'D LIKE TO THANK KATIE HENRICH, WHO'S BEEN VERY WORKING CLOSELY, WORKING VERY CLOSELY WITH OUR STAFF. THERE ARE THREE POWER SUPPLY PRODUCTS THAT WE OFFER TO OUR CUSTOMERS. THERE'S A 50% RENEWABLE PRODUCT THAT CUSTOMERS MAY OPT DOWN TO. OUR DEFAULT PRODUCT IS A 75% CARBON FREE PRODUCT AND THE GREEN IMPACT PRODUCT, WHICH IS 100% RENEWABLE, THAT CUSTOMERS, AS I MENTIONED, CAN OPT UP TO. WE ARE ALSO DEVELOPING, WITH THE STAFF'S ASSISTANCE IN HELPING TO IMPLEMENT THE GOALS OF EACH MEMBER CITY'S CLIMATE ACTION PLAN. SO SOME OF THE PROGRAMS THAT WE HAVE ALREADY ROLLED OUT ARE THE SOLAR PLUS PROGRAM. THAT'S A BATTERY PLUS. SOLAR SYSTEM FOR SINGLE FAMILY RESIDENTIAL WITH NO UPFRONT COSTS. THIS IS A PRODUCT OR. A PROGRAM WHERE WE ENTER INTO AN AGREEMENT WITH THE COMPANY THAT PROVIDES THAT SOLAR SYSTEM. AT NO COST UPFRONT COST, THAT IS, TO THE APPLICANT AND THEN WE ENTER INTO AN AGREEMENT TO SELL THAT ENERGY TO THE CUSTOMER AT A, AT A SET FIXED RATE AND THEN THE CUSTOMER HAS THE FULL USE OF THE BATTERY TO HELP THEM USE THAT BATTERY AT PEAK DEMAND TIMES, WHICH ADDS AN ADDITIONAL COST SAVINGS BENEFIT TO THE CUSTOMERS. SO WE ARE WE HAVE SLOWLY ROLLED OUT THIS PROGRAM. WE HAVE ABOUT 27 APPLICANTS IN THE QUEUE RIGHT NOW. WE HAVEN'T GONE TO A FULL ADVERTISING BLITZ, AS IT WERE, BUT WE DO HAVE REPRESENTATIVES FROM EACH OF OUR MEMBER CITIES THAT ARE ACTIVELY ENROLLED IN THE PROGRAM AND IN FACT, THE FIRST TO GO LIVE IS IN THE CITY OF CARLSBAD. SO WE DO HAVE SEVERAL CARLSBAD RESIDENTS TAKING ADVANTAGE OF THIS PROGRAM. WE'VE ALSO IMPLEMENTED A LOCAL FEED IN TARIFF PROGRAM THAT'S FOR LARGER COMMERCIAL PROJECTS OF ANYWHERE FROM 500KW TO 1MW. WE DO HAVE AN APPLICATION IN FOR THAT PROGRAM, AND THAT IS TO CREATE LOCALIZED MICRO GRIDS TO HELP, AGAIN, TO INCREASE GRID STABILITY, DECREASE THE DEMAND PUT ON THE GRID, PARTICULARLY DURING PEAK TIMES. AND SO WE'RE HOPEFUL THAT OTHER APPLICANTS WILL TAKE ADVANTAGE OF THIS PROGRAM AS WELL. WE HAVE A PARTNERSHIP WITH OHMCONNECT. IF YOU GO TO OUR WEBSITE, THEIR DEMAND RESPONSE PROGRAM THAT HELPS RESIDENTS TO USE ENERGY DURING OFF PEAK TIMES WHEN IT COSTS LESS AND IN EXCHANGE FOR WHICH THEY OFFER BENEFITS, THEY PROVIDE YOU SOMETIMES WITH FREE THERMOSTATS AND SMART THERMOSTATS AS AN INCENTIVE TO GET YOU TO USE YOUR ENERGY DURING OFF PEAK TIMES, AND OUR GREEN IMPACT CHAMPION PROGRAM IS ONE THAT'S REALLY TAKING OFF, WHERE WE RECOGNIZE THOSE BUSINESSES AND RESIDENTS THAT HAVE OPTED UP TO OUR 100% RENEWABLE PRODUCT. [00:45:01] WE HAVE DONE SO BY HIGHLIGHTING THEM ON OUR WEBSITE. WE PROVIDE INFORMATION TO THEIR COMPANIES, WE HIGHLIGHT THEM IN NEWSLETTERS, AND HAPPY TO SAY THAT THREE OF OUR MEMBER AGENCIES ARE GREEN IMPACT CHAMPIONS BY VIRTUE OF OPTING UP THEIR MUNICIPAL ACCOUNTS TO 100% RENEWABLE, THOSE BEING DEL MAR, SOLANA BEACH AND THE CITY OF VISTA. OTHER PROGRAMS THAT WE'RE SEEKING TO ROLL OUT IN IN CARLSBAD ARE AN EQUITABLE BUILDING DECARBONIZATION PROGRAM. THAT'S A DIRECT INSTALL PROGRAM WHERE WE'RE WORKING. WE WILL BE WORKING WITH CUSTOMERS TO HELP TO INSTALL EFFICIENCY UPGRADES. WE'VE BEEN WORKING WITH THE SOUTHERN CALIFORNIA COALITION, WHO WERE JUST AWARDED A $328 MILLION GRANT. IT'S A RATHER LARGE COALITION, BUT WE HAVE APPROXIMATELY 22 MILLION OF THAT TO WORK WITH IN THE SAN DIEGO AREA. SO WE'RE EXCITED TO GET THAT ROLLED OUT AND THAT WILL BE PRIMARILY FOCUSED ON LOW INCOME RESIDENTS IN OUR SERVICE TERRITORIES. WE ALSO ARE PARTICIPATING WITH SAN DIEGO CLEAN POWER AND THE COUNTY OF SAN DIEGO WITH OUR SAN DIEGO REGIONAL ENERGY NETWORK, WHICH WAS APPROVED BY THE CALIFORNIA PUBLIC UTILITIES COMMISSION THIS SUMMER AND WE ARE THAT PROGRAM ALSO SEEKS TO ROLL OUT ENERGY EFFICIENCY PROGRAMS FOR OUR COMMUNITIES. SO WE'RE EXCITED ABOUT THAT PROGRAM, AND WE'RE ON THE INAUGURAL COMMITTEE, AND WE'LL CONTINUE TO WORK WITH THOSE TWO AGENCIES IN IMPLEMENTING THE EFFICIENCY PROGRAMS. SO A LITTLE BIT ON PROCUREMENT. THE JPA CURRENTLY STATES THAT AS AN AGENCY, WE SEEK TO HAVE 100% OF OUR ENERGY NEEDS SERVICED BY 100% RENEWABLE ENERGY BY 2035. THAT'S IN OUR JPA AND THEN OF COURSE, BEYOND. SECTION 6.5 ALSO STATES THAT OUR MINIMUM RENEWABLE ENERGY CONTENT SHALL BE 50%, AND AT NO POINT WILL WE BE BELOW THE SDG AND E RENEWABLE ENERGY PORTFOLIO REQUIREMENTS. SO THOSE ARE THE BASIC TENETS OF OUR JPA AND SO FAR WE HAVE CLEARLY MET THOSE OBJECTIVES. THIS IS A LITTLE BIT DIFFICULT TO READ, BUT THIS IS SHOWS OUR TARGET THE 100% RENEWABLE TARGET BY 2035. YOU CAN SEE THE TOP THE GREEN LINE THAT STARTS AT 50% IN 2025. THE DARK LINE ON THE BOTTOM SHOWS THE STATE MANDATE. SO PURSUANT TO SB 100, THE STATE HAS TO BE AT 60% RENEWABLE BY 2030. AND YOU CAN SEE THERE THE LINE THEN FLATTENS OUT AND THEN ITS NEXT TARGET IS 100% CARBON FREE BY 2045. SO IT JUMPS UP THERE AT THE END. WHAT YOU SEE THERE IS WHERE WE'VE BEEN IN THE BEGINNING. OUR CARBON FREE PRODUCT, THE GOLD LINE AT THE BEGINNING, SINCE INCEPTION. THAT'S OUR DEFAULT PRODUCT. WE'VE ALREADY WE'RE ALREADY WAY ABOVE THAT STATE MANDATE AND THEN WHAT OUR PLAN IS TO OBVIOUSLY MEET THE STATE MANDATES AS WE GET TO 2030, GOING UP TO THE 60% AND THEN, OF COURSE, THE 2035, 100%, WHICH WE'RE STILL HOPING TO ACHIEVE. EMISSIONS REDUCTIONS. SO OF COURSE, ONE OF OUR KEY GOALS AND WORKING WITH ALL OUR MEMBER AGENCIES AND IMPLEMENTING THEIR CLIMATE ACTION PLANS IS TO REDUCE GREENHOUSE GAS EMISSIONS. THIS IS A VERY SIMPLIFIED CHART, AND I WANT TO SAY THAT IT'S AN ESTIMATE. WE ARE REQUIRED EACH YEAR TO PUT FORWARD OUR POWER SOURCE DISCLOSURE AND OUR POWER CONTENT LABEL AS A LOAD SERVING ENTITY, AND THIS IS PART FROM THOSE POWER CONTENT LABELS AND IT'S JUST A COMPARISON TO SHOW WHAT KIND OF REDUCTIONS ARE CEA HAS BENEFITED FROM DURING SINCE ITS INCEPTION. SO ON THE TOP LINE OF CEA, WE'RE LOOKING AT THE NUMBER OF ACCOUNTS SERVED. WE'RE LOOKING AT THE TOTAL MEGAWATT HOURS OF 420, 73,000 ROUGHLY AND THEN THERE'S AN EMISSION FACTOR THAT IS GENERATED AND THAT'S BASICALLY A FACTOR THAT A LOT OF MATH GOES INTO IT ABOUT HOW MUCH PER KILOWATT OR MEGAWATT HOUR OF GHG POUNDS OF CARBON EMISSIONS WOULD BE REDUCED. AND SO WHEN YOU MULTIPLY OR HOW MANY POUNDS ARE ASSOCIATED WITH EACH MEGAWATT HOUR, SO YOU MULTIPLY THE 215 BY THAT 473 ROUGHLY, AND YOU GET THAT 101.6 MILLION POUNDS OF CARBON EMISSIONS AND THEN BELOW, OF COURSE, SDG AND THE IDEA IS IF WE HADN'T MOVED TO CEA THAT WE WOULD HAVE JUST BEEN WITH SGA. SAME NUMBER OF ACCOUNTS FOR THIS IS JUST CARLSBAD. BY THE WAY SAME NUMBER OF LOAD CAPACITY AND THEN THE EMISSION FACTOR YOU'LL NOTICE THERE IS IS SIGNIFICANTLY HIGHER BECAUSE THEIR RENEWABLE ENERGY CONTENT IN 2022 WAS ROUGHLY 44.7%. THE PROJECTION FOR 2023, ALTHOUGH IT'S NOT OFFICIAL, IS 41.4%. [00:50:02] SO THAT FACTOR IS MUCH HIGHER AND YOU GET UP TO 253.9 MILLION EMISSIONS REDUCTIONS. YOU CAN SEE THERE, WHICH IS ACCOUNTS FOR ABOUT A 60% REDUCTION IN EMISSIONS BY VIRTUE OF THE ENERGY PROCUREMENT AND US CEA SERVING THE CITY OF CARLSBAD. JUST A LITTLE BIT ON THE BUDGET. WE HAVE AN ADOPTED BUDGET. IT'S BALANCED SO THAT OUR OF COURSE, OUR REVENUES MEET AND EXCEED OUR EXPENSES. THE FIRST FULL YEAR OF OPERATIONS WITH OCEANSIDE AND VISTA, WE ARE CURRENTLY IN. THE ENERGY FORECAST IS BASED ON THE CURRENT MARKET PRICING. WE HAVE ARE PROUD TO SAY THAT WE HAVE A VERY LEAN STAFF. THAT AND OUR STAFFING GOALS. AT THIS POINT, THERE'S NO IMMEDIATE GOAL TO INCREASE STAFFING. HOWEVER, WE DO HAVE A 25% INCREASE SHOULD THE NEED ARISE. AND THEN WE'VE ALLOCATED FOR THE FIRST TIME IN THIS FISCAL YEAR, $600,000 FUNDING FOR PROGRAMS. THAT'S NOT A LARGE AMOUNT. WE'RE JUST GETTING OUR FEET UNDER US, FINALLY HAVING ESTABLISHED FULL ENROLLMENT OF ALL SEVEN MEMBER AGENCIES AND SO THAT WAS A SMALL AMOUNT TO START WITH AND IN SUCCESSIVE YEARS, WE LOOK TO GO UP TO $2 MILLION NEXT YEAR, AND THEN INCREASING THAT BY $2 MILLION PER YEAR FOR THE NEXT FOUR YEARS AND BY THE WAY, NO SPECIFIC PROGRAM HAS BEEN IDENTIFIED THAT WE ARE HAVING CONVERSATIONS WITH THE BOARD AS RECENTLY AS LAST BOARD MEETING TO TALK ABOUT HOW TO ALLOCATE THOSE FUNDS AND BY THE WAY, I THINK IT'S IMPORTANT TO NOTE THAT A KEY ELEMENT OF THE JPA WAS THAT THOSE FUNDS BE ALLOCATED BY VIRTUE OF THE LOAD OF EACH MEMBER AGENCY. SO CITIES WITH LARGER LOAD, WHICH GENERATE MORE REVENUE, WOULD THEN HAVE A LARGER ALLOCATION OF THOSE PROGRAM FUNDS TO ALLOCATE TO THEIR COMMUNITIES. SO OUR FINANCIAL STABILITY INITIATIVES SHOULDN'T BE TOO UNCOMMON. OUR WE MANAGE OUR PORTFOLIO TO KEEP COSTS AS LOW AS POSSIBLE. 97% OF THOSE COSTS ARE FOR ENERGY POWER PROCUREMENT, WHICH MEANS THAT LESS THAN 3% ARE FOR OPERATIONS, WHICH IS A VERY, AS I MENTIONED, LEAN OPERATIONS BUDGET. WE ARE BUILDING RESERVES TO MITIGATE AGAINST ENERGY FLUCTUATIONS, THE PRICE OF ENERGY, THE MARKET PRICES WE HAVE BUILT IN A CONTINGENCY IN OUR PROCUREMENT BUDGET TO MAKE SURE THAT IT CAN IT BE THERE TO ADDRESS MARKET FLUCTUATIONS SHOULD PRICES SPIKE. AND THEN OF COURSE, WE SET OUR RATES TO COVER THOSE COSTS. IN FACT, WE ARE SUPPORTED BY JP MORGAN CHASE FOR A LINE OF CREDIT TO HELP US WITH OUR PROCUREMENT, PARTICULARLY DURING EXPANSION AND A REQUIREMENT OF THE COVENANT OF THAT AGREEMENT IS THAT WE SET OUR RATES TO MEET OUR COSTS. I JUST SAID WITH THE FIRST BULLET POINT IS, AND WE ARE ACHIEVING OUR GOALS OF REDUCING GREENHOUSE GAS EMISSIONS, WE ARE WE HAVE A MINIMUM PRODUCT OF 50%. THAT'S PART OF OUR JPA AGREEMENT. WE ARE CURRENTLY HIGHER ON OUR BASE PRODUCTS AND RENEWABLE PORTFOLIO THAN OUR INCUMBENT IOU, SDG AND E. WE HAVE WE'VE INCREASED OUR RENEWABLE ENERGY AND PLAN TO INCREASE IT AT A HIGHER RATE THAN IS MANDATED BY STATE LAW AND WE ARE PROVIDING PROGRAMS TO TO SERVE THE COMMUNITY. WE ALSO HAVE TARGETED A 2% RATE REDUCTION AS PART OF OUR JPA AND WE HAVE I'LL SHOW YOU IN THE NEXT SLIDE. I THINK IT'S THE NEXT SLIDE, HOW WE'VE MANAGED TO ACHIEVE THAT FOR CARLSBAD. THIS IS THE BUDGET STILL. SO THIS JUST SHOWS YOU A HIGH LEVEL BUDGET. THERE YOU CAN SEE OUR REVENUES IN OF 360.9 MILLION AGAINST OUR POWER SUPPLY COSTS OF 317 MILLION. YOU CAN SEE THE 2.8% OF ADMINISTRATIVE COSTS AND WE ARE LOOKING AT A OPERATING RESERVE OF APPROXIMATELY 18 MILLION FOR TO MEET OUR 5% REVENUE RESERVE TARGET AND AN UNDESIGNATED CONTINGENCY OF 15.3 MILLION. I WILL SAY THAT IT'S NOT PART OF THE PRESENTATION, BUT THROUGH AUGUST OF THIS YEAR, WE ARE AT 144% OF OUR REVENUE TARGET. SO WE'RE WELL ABOVE OUR REVENUE TARGET AND WE'RE 1% BELOW OUR EXPENSE TARGET. SO WE ARE REQUIRED UNDER OUR COVENANTS WITH JPA AND IN ORDER TO BE IN OPERATION OPERATING FUNCTIONAL CEA OR CA, WE HAVE ADJUSTED RATES RECENTLY. WELL, THEY HAVEN'T GONE INTO EFFECT YET, BUT PART OF OUR RATE STABILITY IS THAT WE HAVE NOT INCREASED RATES SINCE FEBRUARY OF 2023. THE INCREASE THAT WE HAVE THE BOARD HAS APPROVED WILL GO INTO EFFECT ON NOVEMBER 1ST, AND IT'S SET TO SUFFICIENTLY COVER OUR COSTS, AND IT WILL [00:55:05] RESULT IN AN AVERAGE OVERALL BILL INCREASE TO CUSTOMERS OF 5.2%, WHICH IS APPROXIMATELY $10 PER MONTH AND AS I MENTIONED, IT GOES INTO EFFECT ON NOVEMBER 1ST OF THIS YEAR. SDG RATES ARE EXPECTED TO BE IMPLEMENTED IN JANUARY NEXT YEAR. SDG HAS RECENTLY UPDATED THEIR RATES AS OF OCTOBER 1ST. THEY DID SO ALSO IN MARCH OF THIS YEAR AND THOSE WERE SLIGHT INCREASES. WE DON'T KNOW WHEN. WE DON'T KNOW WHAT THAT RATE WILL LOOK LIKE. WE HAVE SOME MARKET BENCH. MARKET PRICE BENCHMARK DATA THAT SUGGESTS THAT THEIR INITIAL. ERROR FORECASTS, THEIR ENERGY RECOVERY ACCOUNT FILING WITH THE PUC. MIGHT BE ALTERED. THE PROJECTIONS INITIALLY WERE THAT THEIR GENERATION RATES WOULD STAY RELATIVELY FLAT. HOWEVER, THE MARKET PRICE BENCHMARK COULD MEAN SOMETHING A LOT DIFFERENT. AND WE ALSO WERE ADVISED OF AN UNDER-COLLECTION THIS SUMMER IN OF IN SDG TERRITORY, WHICH COULD ALSO IMPACT THE RATES AS WE MOVE TOWARDS THE END OF THIS CALENDAR YEAR FOR SDG. SO IN TERMS OF OUR 2% TARGET FOR CARLSBAD, YOU CAN SEE THERE AND WE'VE USED THE RESIDENTIAL TIME OF USE DR1 RATE BECAUSE THAT'S THE OVERWHELMINGLY HIGHEST ENROLLMENT RATE THAT WE HAVE FOR CARLSBAD, FOR ALL OUR MEMBER AGENCIES. YOU CAN SEE THERE SINCE INCEPTION IN 2021, 2022. THE BAR CHARTS AS WE MOVE FORWARD SHOWS THE RATES AS COMPARED TO SDG IN 2023. YOU CAN SEE A DRAMATIC RATE BENEFIT FOR CARLSBAD. CARLSBAD HAS BENEFITED FOR BY A VINTAGE PORSCHE. A POWER CHARGE INDIFFERENCE ADJUSTMENT, SOMETIMES SOMEWHAT ERRONEOUSLY REFERRED TO AS AN EXIT FEE BECAUSE ALL ALL CUSTOMERS, EVEN BUNDLED CUSTOMERS WHO DON'T LEAVE SDG, PAY A PORSCHE. BUT CARLSBAD HAS HAD A NEGATIVE CEA FOR THE LAST TWO YEARS AND STILL DOES TODAY. THOSE WILL BE ADJUSTED. THE THE ESTIMATES ARE VERY SLIGHTLY, NOT MUCH, BUT CUSTOMERS WERE REALIZING UPWARDS OF 10 TO $15 PER MONTH BENEFIT IN 2023, 2024. CHANGED SLIGHTLY AND THEN OVERALL BENEFITS. WE'VE WELL EXCEEDED FOR CARLSBAD THE 2% RATE BENEFIT. AGAIN, I STRESS THAT WE DON'T KNOW WHERE RATES ARE GOING TO LAND FOR SDG COMING ON JANUARY 1ST, BUT WE'LL OBVIOUSLY PAY CLOSE ATTENTION TO THAT AND THEN ON THE IN THE INTEREST OF RATE STABILITY, YOU CAN SEE ON THE RIGHT THERE, AS I MENTIONED, WE HAVEN'T CHANGED RATES SINCE FEBRUARY OF 2023. THE FIRST RATE CHANGE SINCE THEN WOULD BE IN NOVEMBER OF THIS YEAR AND AS YOU CAN SEE, THE RATE CHANGES OR ADJUSTMENTS ON THE RIGHT AS WELL. WHAT I WILL SAY IS THAT WE HAVE TO WELL, THE RATE INCREASE THAT'S PROPOSED FOR NOVEMBER 1ST IS THE OUR PROJECTIONS SHOW WE WON'T HAVE TO ADJUST OUR RATES FOR THE NEAR FUTURE. SO AGAIN TRYING TO MAINTAIN THAT RATE STABILITY. SO THAT CONCLUDES THE REPORT. HAPPY TO ANSWER ANY QUESTIONS. DO WE HAVE SPEAKERS? THERE ARE NO SPEAKERS. QUESTIONS FROM COUNCIL. MISS BURKHOLDER. THANK YOU. I'M ONE OF YOUR SLIDES WAS TALKING ABOUT PERCENTAGE OF PARTICIPANTS. CAN YOU POSSIBLY GO BACK TO THAT ONE? I THINK IT WAS VERY EARLY ON IN YOUR PRESENTATION. I CAN'T. THERE YOU GO. THERE WE ARE. SO THAT'S CARLSBAD PARTICIPATION RATE. BUT THAT IS RELATIVE TO EVERY OTHER CITY THAT'S PARTICIPATING. AM I CORRECT IN UNDERSTANDING BECAUSE THAT'S NOT 90 49,000 IS NOT 91% OF THE POPULATION OF CARLSBAD. SO WHAT ARE WE LOOKING AT HERE? IT'S NOT POPULATION. IT'S A COUNTS. COUNTS. OKAY. SO THAT'S WHAT I WAS WONDERING. OKAY. THANK YOU. I WAS JUST LIKE THAT. DOESN'T SEEM TO PENCIL OUT FOR ME. OKAY. THAT'S THE CLARIFICATION AND THEN IS IT POSSIBLE THAT I COULD HAVE A COPY OF YOUR PRESENTATION? THAT WOULD BE SO AWESOME. I REALLY WANT TO. I RESPECT WHAT YOU'RE DOING. I'D LOVE TO SORT OF DIG INTO IT A LITTLE BIT MORE, BECAUSE SOME OF THE THINGS THAT YOU SAID I WASN'T QUITE SURE ABOUT. SO THANK YOU VERY MUCH. ANY OTHER QUESTIONS, MISS ACOSTA? THANK YOU AND THANKS FOR THE PRESENTATION. I JUST WANTED TO GO OVER THE, KIND OF THE LAST POINT ABOUT THE OVERALL SAVINGS WHICH WAS KIND OF THE LAST COUPLE OF SLIDES AND HOW THAT RATE CHANGE IS MADE, LIKE HOW HOW DOES SGA VERSUS CEA COME FORWARD? WHO DO THEY GO TO? IT'S THE PUBLIC UTILITIES COMMISSION, RIGHT AND HOW DOES THAT HAPPEN? [01:00:03] OOPS. THANK YOU FOR THE QUESTION. COUNCIL MEMBER. SO ONE OF THE BENEFITS OF COMMUNITY CHOICE AGGREGATION IS THIS IDEA OF LOCAL CONTROL AND LOCAL BENEFIT. SO RATES ARE SET BY OUR BOARD, THE CEA BOARD, WHICH IS MADE UP OF ONE COUNCIL MEMBER FROM EACH OF OUR MEMBER CITIES. MAYOR PRO TEM BHAT-PATEL IS OUR MEMBER ON THAT BOARD AND SO THOSE MEETINGS ARE HELD MONTHLY IN SAN DIEGO COUNTY AT OCEANSIDE CITY HALL COUNCIL CHAMBERS. SO WHEN WE HAVE RATE HEARINGS, WE SEND OUT A PUBLIC NOTICE AND WE HOLD A HEARING AT LOCALLY TO ADDRESS THOSE RATE CHANGES AND THE PUBLIC IS WELCOME TO COME BE A PART OF THAT PROCESS. AN INVESTOR AN INVESTOR OWNED UTILITY, IOU. THOSE ARE SGA, PACIFIC GAS AND ELECTRIC UP NORTH AND SOCAL EDISON IN CENTRAL CALIFORNIA ARE REGULATED BY THE CALIFORNIA PUBLIC UTILITIES COMMISSION, WHICH IS CENTERED IN SAN FRANCISCO, CALIFORNIA. AND BY VIRTUE OF THEIR LARGE AMOUNT OF FINANCIAL INTERESTS, THEY PUT FORTH WHAT I REFERRED TO EARLIER, THE FORECAST EVERY YEAR AND THAT IS A PROCEEDING THAT MANY PEOPLE PARTICIPATE IN AND IT'S FILED WITH THE PUC AND THOSE HEARINGS TAKE PLACE IN SAN FRANCISCO TO REVIEW THEIR RATES FOR CONSIDERATION AND APPROVAL. SO IT'S A COMPLEX PROCESS. NOT ALL OF THE INFORMATION THAT BECAUSE THEY'RE AN INVESTOR OWNED UTILITY, THEY HAVE PRIVILEGES IN TERMS OF CONFIDENTIALITY. SOME OF THEIR RATE MAKING IS NOT REQUIRED TO BE DISCLOSED. BUT THE PUC HAS INSIGHT TO THAT AND SO WE ARE ABLE TO PARTICIPATE AS A MEMBER AGENCY TO SEE TO MAKE COMMENTS ON THOSE RATES AND SO IT CAN BE A COMPLEX PROCESS. BUT WE ARE A PARTY OF INTEREST IN THOSE PROCEEDINGS AND WE WEIGH IN WHERE WE THINK APPROPRIATE, AND THAT'S HOW IT'S DONE. BUT IT TAKES PLACE UP IN SAN FRANCISCO. THANK YOU AND THE SECOND PART OF MY QUESTION RELATES TO THAT. SO ALTHOUGH THE RATES ARE COMPETITIVE WITH EACH OTHER. THE PROCUREMENT IS DIFFERENT. SO THE RENEWABLE ENERGIES THAT ARE BEING PURCHASED TO SUPPLY OUR ENERGY ARE DONE THROUGH CEA, BUT THEY'RE STILL A PARTNERSHIP WITH SDG. CAN YOU EXPLAIN THAT? ABSOLUTELY. SDG IS OUR PARTNER. WHAT WE DO IS ON THE ENERGY GENERATION SIDE. SO PROCUREMENT OF RENEWABLE ENERGY AND OTHER TRADITIONAL ENERGY FORMS FOR SALE TO OUR CUSTOMERS, RESIDENTIAL AND COMMERCIAL CUSTOMERS. ON BEHALF OF ALL OF YOU. THE IOU. SDG STILL MANAGES THE DELIVERY OF FOR OUR CUSTOMERS THE OVERHEAD WIRES, THE UNDERGROUND WIRES, THE TRANSFORMERS, ALL THE INFRASTRUCTURE. THAT'S THE DELIVERY SIDE. SO THE IOU, SDG STILL MANAGES DELIVERY. THAT IS SOMETHING THEY PRIDE THEMSELVES ON AND THEY ARE ACTUALLY VERY INTERESTED IN FOCUSING ON DELIVERY. SO WE ARE STILL A PARTNER WITH THEM. WE MEET REGULARLY WITH SDG, NOT ONLY AT A STAFF LEVEL, BUT WITH THEIR EXECUTIVE TEAM ON A QUARTERLY BASIS AND THEY'RE OUR PARTNER. THEY WORK WITH US CLOSELY AND WE WITH THEM. SO THAT'S HOW THAT WORKS. IT SOUNDS LIKE OVERALL IT'S BEEN A REALLY GREAT SUCCESS. I'M HAPPY I WAS ON THE BOARD FOR ONE YEAR AND I'M NOW THE ALTERNATE, BUT I'M SO PLEASED TO HEAR THIS PRESENTATION. THANK YOU. ANY OTHER QUESTIONS FROM COUNCIL? COMMENTS FROM COUNCIL. THANK YOU VERY MUCH. THANK YOU. ITEM NUMBER 11 CITY MANAGER. [11. HOPE ELEMENTARY SCHOOL SAFE ROUTES TO SCHOOL PLAN] ITEM NUMBER 11 IS THE HOPE ELEMENTARY SCHOOL SAFE ROUTES TO SCHOOL PLAN MAKING. OUR PRESENTATION TODAY IS OUR TRANSPORTATION PLANNING AND MOBILITY MANAGER, NATHAN SCHMIDT. NATHAN. THANK YOU, MR. CHADWICK. MAYOR BLACKBURN, MEMBERS OF THE CITY COUNCIL. I'M NATHAN SCHMIDT, TRANSPORTATION PLANNING AND MOBILITY MANAGER AND THIS ITEM IS IN REGARDS TO THE HOPE ELEMENTARY. SAFE ROUTES TO SCHOOL PROJECT. SO THE RECOMMENDED ACTION FOR THIS ITEM IS TO ADOPT A RESOLUTION ACCEPTING THE HOPE ELEMENTARY SAFE ROUTES TO SCHOOL PLAN. SO WE'RE GOING TO START OFF WITH JUST A BRIEF INTRODUCTION. THIS IS ACTUALLY OUR FIRST SAFE ROUTES TO SCHOOL PLAN. SO I'M EXCITED TO BE HERE TO PRESENT THIS TO YOU. THIS IS MARKING A MAJOR MILESTONE FOR THE CITY. SAFE ROUTES TO SCHOOL IS AN IMPORTANT INITIATIVE FOR THE CITY TO PROVIDE SAFER ACCESS FOR OUR KIDS GOING TO SCHOOL. THIS PLAN AIMS TO IMPROVE SAFETY FOR OUR CHILDREN AND PROVIDE MORE MOBILITY OPTIONS THROUGHOUT THE CITY. THE PLAN ITSELF, IT WAS DEVELOPED THROUGH SIGNIFICANT COMMUNITY INVOLVEMENT. [01:05:03] IT REFLECTS AN INPUT OF COMBINED INPUT WITH PARENTS, STUDENTS, TEACHERS AND NEIGHBORS IN THE SURROUNDING COMMUNITY AND THANKS TO AN EXTENSIVE OUTREACH PROCESS, WE'VE CREATED A THOUGHTFUL PLAN, A WELL-BALANCED PLAN THAT PRIORITIZES SAFETY WHILE OFFERING PRACTICAL, COST EFFECTIVE SOLUTIONS. THIS PLAN DID NOT ONLY ADDRESSES THE IMMEDIATE CONCERNS AROUND HOPEWELL ELEMENTARY, BUT IT ALSO REALLY SETS THE STAGE FOR FUTURE ENHANCEMENTS FOR SCHOOL TRANSPORTATION CITYWIDE. SO THIS WILL BE THE FIRST PLAN. WE WILL HAVE MORE TO COME WITHIN THE PRECEDING MONTHS. WE ARE CURRENTLY WORKING WITH OTHER SCHOOLS AND WE WILL BRING THOSE PLANS BEFORE YOU AS WELL. SO ABOUT SAFE ROUTES TO SCHOOL. IT'S AN INTERNATIONALLY RECOGNIZED PLANNING FRAMEWORK THAT IS INTENDED TO PROMOTE WALKING AND BIKING TO SCHOOL, WHICH CAN REDUCE TRAFFIC CONGESTION, SHORTEN THE WAIT TIMES AND THE DROP OFF AND PICK UP LINES, AND IMPROVES CHILDREN'S HEALTH BY ENCOURAGING THEM TO USE ACTIVE TRANSPORTATION MODES. SAFE ROUTES TO SCHOOL. IT'S A KEY RECOMMENDATION FROM THE CITY SUSTAINABLE MOBILITY PLAN, AND IT WAS FURTHER PRIORITIZED AS PART OF THE SAFER STREETS TOGETHER PROGRAM. SO THIS IS THE PROJECT LOCATION MAP. HOPE ELEMENTARY. IT SERVES OVER 600 STUDENTS FROM KINDERGARTEN THROUGH FIFTH GRADE. IT'S LOCATED ON TAMARAC AVENUE JUST NORTH OF CARLSBAD VILLAGE DRIVE, WITH PRIMARY ACCESS VIA TWO PROJECT DRIVEWAYS INTO THE SCHOOL FROM TAMARACK AVENUE. SO WHILE THE FOCUS OF THIS PROJECT IS SPECIFICALLY HOPE ELEMENTARY, IT'S IMPORTANT TO NOTE THAT THE IMPROVEMENTS IDENTIFIED WITH THIS PLAN WILL ALSO BENEFIT STUDENTS TRAVELING TO OTHER NEARBY SCHOOLS. THERE ARE SEVERAL SCHOOLS LOCATED WITHIN THIS AREA, SUCH AS THE SCHOOLS AT CALAVERA, AS MANY OF THESE STUDENTS WILL USE THESE ROUTES TO REACH THEIR OWN SCHOOLS. SO THE PLAN ITSELF WAS SHAPED BY AN EXTENSIVE OUTREACH PROCESS, INCLUDING LISTENING SESSIONS THAT WE CONDUCTED WITH PARENTS. WE MET WITH SCHOOL STAFF SEVERAL TIMES. WE CONDUCTED WALK AUDITS THROUGHOUT THE AREA TO IDENTIFY WHAT THE BARRIERS AND OPPORTUNITY TO WALKING AND BIKING TO THE SCHOOL WERE. WE ALSO OBSERVED THE PEAK HOUR TRAFFIC, THE CONDITIONS DURING THOSE BUSY PICK UP AND DROP OFF TIMES, AND THESE EFFORTS, THEY WERE REALLY ALL INTENDED TO ENGAGE PARENTS, STAFF, STUDENTS AND REALLY EDUCATE US AS STAFF TO BUILD THE BEST PLAN WE COULD FOR HOPE ELEMENTARY. SO THROUGH COMMUNITY FEEDBACK AND WALK AUDITS, WE GATHERED THOSE OBSERVATIONS THAT LED TO THE PROPOSED IMPROVEMENTS FOCUSED ON ENHANCING SAFETY AND MOBILITY AROUND THE SCHOOL. THE RESULTING PROPOSED IMPROVEMENTS INCLUDED A SUITE OF BOTH SHORT TERM AND LONG TERM IMPROVEMENTS BASED UPON COMMUNITY INPUTS. THOSE SHORT TERM IMPROVEMENTS INCLUDE THINGS SUCH AS STRIPING, SIGNAGE IMPROVEMENTS. THESE ARE THINGS THAT CAN BE IMPLEMENTED QUICKLY AND WITH CURRENT FUNDING. WE ALSO IDENTIFIED LONG TERM PROJECTS LIKE THE CURB EXTENSIONS AND A BIKE PATH, WHICH WILL REQUIRE ADDITIONAL FUNDING, FURTHER ENGINEERING AND POTENTIALLY GRANTS OR REORGANIZATION OF THE CIP. SO FOR THE NEXT SERIES OF SLIDES, I'LL HIGHLIGHT THE RECOMMENDED IMPROVEMENTS. THE IMPROVEMENTS ITSELF. WE WILL START AT THE INTERSECTION OF CARLSBAD VILLAGE DRIVE, WHICH IS JUST TOWARDS THE BOTTOM OF THE MAP, AND WORK OUR WAY NORTH TOWARDS THE SCHOOL. SO FIRST AT THE INTERSECTION OF TAMARACK AND CARLSBAD VILLAGE DRIVE IS SHOWN HERE AT THIS INTERSECTION. WE'VE ALREADY INSTALLED SOME OF THE RECOMMENDED IMPROVEMENTS. THESE INCLUDE THE HIGH VISIBILITY CROSSWALKS AND THE ENHANCED BIKE LANE STRIPING. ADDITIONALLY, WE WILL LOOK TO ADD PEDESTRIAN SIGNAL HEADS AND A LEADING PEDESTRIAN INTERVAL, WHICH GIVES PEDESTRIANS A HEAD START A FEW SECONDS TO BEGIN CROSSING THE STREET BEFORE VEHICLES GET THAT GREEN LIGHT. SO FOR TAMARACK AVENUE. SO THIS IS NORTH OF CARLSBAD VILLAGE DRIVE TO HOPE ELEMENTARY. THERE'S CURRENTLY AN EXISTING GAP IN THE BIKE LANES THAT LEAD TO THE SCHOOL. THIS STARTS AT CHATHAM ROAD. IT'S SHOWN AS THAT YELLOW ORANGE DASHED LINE THERE. THE EXISTING BIKE LANES ARE SHOWN IN THE SOLID GREEN LINE. SO INITIALLY WE PROPOSED TO FILL THIS GAP BY ADDING IN BIKE LANES. BUT DURING THE TRAFFIC AND SAFETY MOBILITY COMMISSION MEETING, WE RECEIVED SIGNIFICANT FEEDBACK FROM PARENTS, TEACHERS, AND SPECIFICALLY THE NEIGHBORHOOD SURROUNDING THE SCHOOL TO PRESERVE THAT ON STREET PARKING. SO ADDING IN THE BIKE LANES WOULD HAVE REQUIRED US TO REMOVE ON STREET PARKING IN THIS AREA. THEIR CONCERNS WAS THAT PARKING WOULD THEN BE RELOCATED WITHIN THE EXISTING RESIDENTIAL AREAS, BECAUSE THAT PARKING IS HIGHLY UTILIZED DURING THE SCHOOL DAY. SO IN RESPONSE, WE REVISED THE PLAN AND WE ARE NOW PROPOSING A CLASS ONE MULTI-USE PATH THAT WOULD BE ON THE EAST SIDE OF TAMARACK THAT WOULD BE USED FOR BIKING AND WALKING. THIS PROPOSAL WOULD NOT REQUIRE THE REMOVAL OF ANY PARKING SPOTS ALONG TAMARACK AVENUE. SO AT TAMARACK AND THEN AGAIN MOVING TOWARDS THE NORTH, THIS INTERSECTION WILL INCLUDE CURB EXTENSIONS, HIGH VISIBILITY CROSSWALKS FOR ENHANCED PEDESTRIAN SAFETY, [01:10:09] ALONG WITH FLASHING BEACONS THAT THAT ARE INSTALLED ON THE EXISTING SPEED LIMIT SIGNS. ALSO, A PARK AND WALK LOCATION WAS IDENTIFIED JUST TO JUST OFF THIS MAP HERE ON CHATHAM AVENUE. THAT WOULD BE A LOCATION WHERE PARENTS COULD STOP, PARK AND WALK TO THE SCHOOL WITH THEIR KIDS. IT ALLOWS THEM TO AVOID THE BUSY PICK UP AND DROP OFF TIMES. NOW MOVING TO THE SCHOOL FRONTAGE. SO THIS IS AT THE INTERSECTION OF TAMARAC AND WILTSHIRE AVENUE AT THE SCHOOL'S PRIMARY ENTRANCE ENTRANCE. WE WILL ADD SIMILAR CURB EXTENSIONS AND HIGH VISIBILITY CROSSWALKS TO IMPROVE SAFETY AND DIRECT ACCESS TO THE SCHOOL. THEN, AT THE INTERSECTION HERE ON TAMARACK WITH CHESHIRE AND SIMSBURY COURT, WE PROPOSE ADDING ADDITIONAL HIGH VISIBILITY CROSSWALKS AND AGAIN, THOSE SCHOOL FLASHING BEACONS. SO BEYOND INFRASTRUCTURE RECOMMENDATIONS, WE LOOK AT PROGRAMMATIC RECOMMENDATIONS. SO THOSE FOR SPECIFICALLY FOR HOPE ELEMENTARY INCLUDE. THE PARK AND WALK LOCATIONS THAT WE TALKED ABOUT EARLIER IS ALSO BIKE AND PARENT CAREGIVER EDUCATION. SO THIS WOULD BE ENHANCED EDUCATION TO TEACH STUDENTS AND TEACHERS THE BEST PATHS OF TRAVEL TO WALK AND BIKE TO THE SCHOOL. SO THIS MAP SHOWS THE PARK AND WALK LOCATIONS, AS WE TALKED ABOUT EARLIER, AS WELL AS A TRAIL THAT PROVIDES ACCESS FROM HOPE ELEMENTARY. IF YOU CAN SEE TO THE NORTH AT THE TOP OF THE GRAPHIC THERE. THIS PROVIDES TRAIL ACCESS FROM THE SCHOOL TO THE PRESERVE COMMUNITY, WHICH IS JUST DOWN THE HILL. THIS IS AN EXAMPLE OF AN AREA THAT PARENTS AND STUDENTS THEY JUST WEREN'T AWARE OF. SO WE'LL BE FOLDING THESE ELEMENTS INTO THE PROGRAM TO EDUCATE PEOPLE HOW, AGAIN, TO WALK AND BIKE TO SCHOOL. SO THE TRAFFIC SAFETY AND MOBILITY COMMISSION, THEY REVIEWED THIS PROJECT AND RECOMMENDED THAT THE CITY COUNCIL APPROVE THE HOPE ELEMENTARY SCHOOL SAFE ROUTES TO SCHOOL PLAN, AND WE'VE INCORPORATED THOSE THAT FEEDBACK RECEIVED FROM THIS MEETING INTO THIS FINAL VERSION OF THE PLAN BEFORE YOU TODAY. SO, AS MENTIONED EARLIER, THE PROPOSED IMPROVEMENTS WOULD BE IMPLEMENTED IN TWO PHASES FOR SHORT TERM. THESE IMPROVEMENTS WOULD BE IMPLEMENTED AS PART OF OUR FISCAL YEAR 2025-26 ROADWAY RESURFACING PROGRAM, AND THEN THE REMAINING LONG TERM IMPROVEMENTS WOULD BE CONSTRUCTED LATER ONCE WE IDENTIFY A FUNDING SOURCE, SUCH AS A GRANT. AND WITH THAT TO CONCLUDE, THE RECOMMENDED ACTION IS TO ADOPT A RESOLUTION ACCEPTING THE HOPE ELEMENTARY SAFE ROUTES TO SCHOOL PLAN. THANK YOU. DO WE HAVE ANY SPEAKERS? THERE ARE NO SPEAKERS. QUESTIONS FROM COUNCIL. MISS BHAT-PATEL? YEAH. THANK YOU. THANKS FOR THE PRESENTATION AND EXCITING TO SEE THIS STARTING TO MOVE FORWARD. JUST A COUPLE OF QUESTIONS. ONE IS AROUND HOW MANY, HOW MANY FOLKS? IF YOU HAVE THE NUMBER, IF NOT, TOTALLY UNDERSTAND. DO YOU KNOW HOW MANY KIDDOS AND JUST PEOPLE IN GENERAL ARE BIKING OR BIKING TO SCHOOL FOR HOPE? YEAH, SO WE DID DO COUNTS AT HOPE ELEMENTARY. BASICALLY, WE JUST GO OUT AND WE COUNT THE NUMBER OF BIKES PARKED IN THE RACKS. WE SAW ABOUT SIX BIKES. SO FOR AN ELEMENTARY SCHOOL, THAT'S PRETTY COMMON. SEE LOW BIKE. BUT AGAIN, KIND OF GETTING BACK TO THAT POINT EARLIER THAT THERE ARE MIDDLE SCHOOL STUDENTS THAT WE DO SEE TRAVELING THROUGH THIS AREA. SO WE DO THINK IT IS IMPORTANT TO IMPROVE ACCESS FOR THEM AS WELL. OKAY. GREAT AND THEN IT SOUNDS LIKE FROM THE COMMUNITY FEEDBACK, THE OPTION, THE MODIFIED OPTION YOU PRESENTED IS THE ONE THAT THEY WOULD THE FOLKS WOULD PREFER IN THE AREA. YES. OKAY. GREAT. THANK YOU. THOSE WERE MY QUESTIONS. MISS ACOSTA, THANK YOU. JUST A QUICK CLARIFICATION. CLARIFYING QUESTION. WE TALKED ABOUT THE MODIFIED PLAN AND THERE'S A NUMBER OF PUBLIC COMMENT LETTERS IN THE AGENDA PACKET. WERE THEY THEY WERE COMMENTING THEN JUST ON THE PREVIOUS PLAN, LIKE THE PTA PRESIDENT WHO WAS UPSET THAT POTENTIALLY THERE WOULD BE NO NO STREET PARKING AND PEOPLE WOULD BE PARKING IN THE BIKE LANE TO UNLOAD THEIR KIDS FROM THE CAR. THAT IS TAKEN CARE OF, RIGHT? SO DO WE GO BACK AND TO GET ANOTHER ROUND OF OF PUBLIC INPUT FROM THEM AND MAKE SURE THAT PEOPLE UNDERSTOOD THAT THIS ADDRESSES THEIR CONCERNS? YEAH. SO JUST TO CLARIFY, THERE WOULD BE NO PARKING BEING REMOVED NOW THAT WE ARE MAINTAINING THE BIKE LANES IN THEIR CURRENT CONFIGURATION. SO WE BELIEVE WE HAVE ADDRESSED THOSE CONCERNS. OKAY. GREAT. THANK YOU. OTHER THAN THAT I REALLY APPRECIATE SAFE ROUTES TO SCHOOLS AS A PROGRAM. I THINK IT'S REALLY IMPORTANT THAT WE HAVE MORE CLEARLY THOUGHT OUT AND PLANNED ROUTES FOR PARENTS TO TAKE THEIR KIDS TO SCHOOL. SO THANK YOU. ANY OTHER QUESTIONS? MISS BURKHOLDER? THANK YOU. [01:15:03] WITH THE EDUCATION PIECE YOU HAD MENTIONED, THE THERE'S AN AREA, I THINK CHATHAM, THAT THE PARENTS CAN PARK AND WALK THEIR KIDDOS OVER TO HOPE. IS THAT GOING TO BE PART OF THE EDUCATION PIECE FOR PARENTS? YES. OKAY. BECAUSE THAT'S ALWAYS GOING TO BE THE CHALLENGE, RIGHT? YOU GET INTO A ROUTINE AND YOU THINK YOU'RE GOING TO DO THE SAME THING YOU'VE ALWAYS DONE, BUT YOU GUYS ARE SWITCHING UP TO THIS. THE LAST THING IS, YOU HAD MENTIONED ALSO THAT YOU'RE WORKING WITH OTHER SCHOOLS RELATIVE TO SAFE ROUTES TO SCHOOL AND WHICH DO YOU HAVE THAT ON TOP OF MIND? WHICH SCHOOLS? YES, IT'S SEVERAL SCHOOLS AT THIS POINT. SO THE NEXT STEP WOULD BE JEFFERSON ELEMENTARY. WE ARE ALSO WORKING WITH SAGE CREEK HIGH SCHOOL AND THEN WE'RE ALSO CONTACTING OTHER SCHOOLS TO GET THEM TO JOIN THE PROGRAM AS WELL. SO. OKAY. EXCELLENT. THANK YOU VERY MUCH. I WAS JUST AS A COMMENT NOW. OR DO YOU WANT ME TO WAIT? MISS LUNA, DO YOU HAVE ANY QUESTIONS? OKAY, WE'LL START WITH COMMENTS. I WAS JUST GOING TO SAY THANK YOU. THERE'S BEEN A LOT OF FEEDBACK ABOUT HOPE ELEMENTARY AND THE TRAFFIC PATTERNS GOING IN AND OUT OF THAT SCHOOL, SO APPRECIATE YOUR WORK ON THAT. IT LOOKS LIKE IT'S GOING TO BE VERY FEASIBLE AND PEOPLE CAN ADJUST TO THE NEW CONFIGURATION. SO THANKS MISS BHAT-PATEL. JUST THANK YOU. I'M GLAD THAT IT'S MOVING FORWARD AND I'M GLAD THAT WE DID EXTENSIVE OUTREACH TO MAKE SURE THAT IT WAS MEETING THE COMMUNITY'S NEEDS. THANKS. I JUST HAVE ONE REQUEST IS THAT IF YOU GO TO SLIDE 13, THE CURB EXTENSIONS, THAT'S GOING TO EXTEND INTO THE ROAD WHERE PEOPLE USED TO THINK THERE WAS ROAD THERE. YEAH. COULD WE BE SURE THAT WE PUT SOMETHING ON THE EDGES, WHETHER THEY'RE PAINTED BRIGHT YELLOW OR RED OR SOMETHING? SO DRIVERS, ESPECIALLY WHEN IT'S FOGGY LIKE IT HAS BEEN, DON'T HIT THAT. BECAUSE THAT WOULD BE A SURPRISE. YES. OKAY. MOTION. YES. MOVE. ADOPTION OF THE RESOLUTION AND AGENDA ITEM 11. SECOND. PLEASE VOTE. PASSES UNANIMOUSLY. I'LL ASK COUNCIL ITEM NUMBER. THE FINAL ITEM SHOULD TAKE LESS THAN 20 MINUTES. DOES ANYBODY NEED A BREAK OR CAN WE POWER THROUGH? OKAY. ITEM 12 PLEASE. [12. GENERAL FUND SURPLUS: APPROVAL OF FISCAL YEAR 2023-24 BUDGET CARRYFORWARD REQUESTS AND APPROPRIATION OF UNSPENT FUNDS TO BUDGET FOR FISCAL YEAR 2024-25] ALL RIGHT. ITEM NUMBER 12 IS THE GENERAL FUND SURPLUS APPROVAL OF THE FISCAL YEAR 23-24 BUDGET. CARRY FORWARD REQUEST AND APPROPRIATION OF UNSPENT MONIES TO BUDGET FOR FISCAL YEAR 24-25. MAKING OUR PRESENTATION TODAY IS OUR FINANCE DIRECTOR. ZACH KORACH. ZACH, TAKE IT AWAY. THANK YOU, MR. CITY MANAGER. GOOD EVENING. MAYOR. MAYOR. PRO TEM COUNCIL MEMBERS. I'M ZACH KORACH, FINANCE DIRECTOR AND THE ITEM BEFORE YOU IS THE GENERAL FUND SURPLUS FISCAL YEAR 23-24 REVIEW. NOW, THE BUDGET CARRY FORWARD PROCESS IS GOVERNED BY CITY COUNCIL POLICY NUMBER 87. BEFORE ANY BEFORE THE CITY COUNCIL MAY CONSIDER AUTHORIZING ANY CARRY FORWARD REQUESTS, THE CITY DOES NEED TO ENSURE THAT ANY GENERAL FUND RESERVE DEFICIENCIES, AS WELL AS ANY PENSION LIABILITY DEFICIENCIES, SHOULD THEY EXIST, ARE ADDRESSED. HERE WE HAVE A LOOK AT THE FISCAL YEAR 2324 GENERAL FUND SURPLUS FISCAL YEAR 23-24. REVENUES EXCEEDED EXPENDITURES BY $16.5 MILLION. THAT, COMBINED WITH A TOTAL UNSPENT AND UNENCUMBERED BUDGET OF 15.8 MILLION, WE ARRIVE AT A TOTAL CARRY FORWARD AUTHORITY OF 32.4 MILLION. IN DISCUSSING PENSION LIABILITY AND POTENTIAL DEFICIENCIES THAT MAY EXIST, WE'RE GOING TO SPEND JUST A COUPLE OF SLIDES TALKING ABOUT THE CURRENT STATUS. HERE. WE HAVE THE CITY'S BOTH MISCELLANEOUS AND SAFETY PLAN DATA AS OF BOTH JUNE 30TH, 2022 AND IN 2023. YOU'LL RECALL WHEN STAFF WERE BEFORE THE CITY COUNCIL LAST SEPTEMBER. WE WERE PROVIDING THE INFORMATION AS OF JUNE 30TH, 2022, AND AT THAT TIME, THE CITY'S FUNDED RATIO OR FUNDED STATUS HAD SIGNIFICANTLY DECLINED FROM THE PREVIOUS YEAR DOWN TO 74.6%. THAT WAS LARGELY DRIVEN BY CALPERS POOR INVESTMENT PERFORMANCE THAT YEAR. FAST FORWARD TO AS OF JUNE 30TH, 2023, THE INFORMATION FROM CALPERS WAS RECEIVED BY THE CITY JUST IN AUGUST OF 2024. SO THIS IS RELATIVELY HOT OFF THE PRESS, AND YOU'LL SEE THAT THE FUNDED RATIO DECREASED SLIGHTLY COMPARED TO THE PREVIOUS YEAR. NOW CURRENTLY IT'S 73.7%, AGAIN DRIVEN BY CALPERS INVESTMENT PERFORMANCE, WHICH MISSED THEIR MARK OF 6.8%. BUT YOU WILL ALSO RECALL THAT THE CITY COUNCIL LAST SEPTEMBER OF 2023 HAD APPROVED THE ESTABLISHMENT OF A SECTION 115 TRUST. UNDERSTANDING THAT IN ORDER TO MAINTAIN COMPLIANCE WITH POLICY NUMBER 86, A SIGNIFICANT ONE TIME CONTRIBUTION WOULD HAVE BEEN REQUIRED [01:20:04] IN ORDER TO MEET THAT 80% POLICY TARGET. THAT TRANSLATED TO APPROXIMATELY $47 MILLION. BUT ALTERNATIVELY, THE CITY COUNCIL APPROVED A FIVE YEAR PLAN IN WHICH THE SECTION 115 PENSION TRUST WOULD BE ESTABLISHED AND A $10 MILLION INITIAL INVESTMENT, WHICH WAS AUTHORIZED BY THE CITY COUNCIL LAST YEAR, ALONG WITH FOUR ANNUAL CONTRIBUTIONS OF $7.5 MILLION, WOULD BE ALSO PLANNED FOR CITY COUNCIL CONSIDERATION. THAT, COUPLED WITH AN ASSUMED TARGET RATE OR ANNUAL RATE OF RETURN OF 6.25% OVER THAT FIVE YEAR TIME PERIOD, THE CITY WOULD ANTICIPATE FALLING BACK INTO COMPLIANCE OR REACHING THAT 80% POLICY TARGET. FURTHERMORE, AND ALSO RELATED TO THE FUNDING SCHEDULE AND THE FUNDING STRATEGY IS A MORE LONGER TERM APPROACH, APPLYING A 20 YEAR TIME HORIZON WHEREBY LOOKING AT THIS FORMULA HERE AND EXTRAPOLATING OVER A 20 YEAR PERIOD, WE WOULD ANTICIPATE APPROXIMATELY $118 MILLION TO BE ACCUMULATED, WHICH WOULD BE SUFFICIENT ENOUGH TO FUND A POTENTIAL REDUCTION IN CALPERS DISCOUNT RATE, SOMETHING THAT CALPERS HAS DONE MULTIPLE TIMES OVER THE LAST 20 YEARS. THIS IS A LOOK AT THE CURRENT FUNDED STATUS, BUT ALSO FACTORING IN THE ASSETS THAT HAVE BEEN CONTRIBUTED TO THE SECTION 115 TRUST, AND ALSO APPRECIATED WHEN WE FACTOR IN THE TOTAL OF $11.3 MILLION. THE CITY'S COMBINED FUNDED STATUS IS ACTUALLY 75%, AND IF THE CITY COUNCIL WERE TO APPROVE THE SECOND ANNUAL CONTRIBUTION THIS EVENING OF 7.5 MILLION. THE COMBINED FUNDED STATUS WOULD FURTHER INCREASE TO 75.8%. MOVING ON TO THE CARRY FORWARD REQUESTS IN TOTAL FOR ITEMS THAT INDIVIDUALLY ARE BELOW $100,000, THE CITY MANAGER DOES HAVE AUTHORITY TO APPROVE THOSE JUST UNDER $350,000 ACROSS THE GENERAL FUND, AS WELL AS NON-GENERAL FUND ITEMS. THE CITY COUNCIL IS BEING ASKED TO CONSIDER CARRY FORWARD APPROVAL, A CARRY FORWARD APPROVAL FOR ITEMS IN EXCESS OF $100,000 INDIVIDUALLY, TOTALING $5.7 MILLION. AS YOU CAN SEE, THE VAST MAJORITY IS COMPRISED OF THE CARLSBAD VILLAGE TRENCHING PROJECT FOR $5.2 MILLION. FOR NON-GENERAL FUND, APPROXIMATELY $2.6 MILLION IS BEING REQUESTED FOR FLEET VEHICLE REPLACEMENTS. IT REPLACEMENTS AS WELL AS IN-PROGRESS IMPROVEMENTS AT THE CARLSBAD GOLF COURSE, THE CROSSINGS. SO HERE WE HAVE A SUMMARY OF THE RECOMMENDED GENERAL FUND BUDGET ACTIONS. AGAIN, STARTING WITH THE TOTAL CARRY FORWARD AUTHORITY OF $32.4 MILLION, WHEN WE FACTOR IN THE ITEMS THAT ARE ATTACHED TO THE STAFF REPORT, WE ARE THE TOTAL SPENDING THAT IS RECOMMENDED IS $13.7 MILLION, WHICH WOULD RESULT IN A REMAINING AUTHORITY OF 18.6 MILLION AND AS FOR HOW THAT IS IMPACTING THE CITIES, THE GENERAL FUND RESERVE, WE ARE ANTICIPATING A PRELIMINARY RESERVE BALANCE OF $168 MILLION. THAT TRANSLATES TO A RESERVE RATIO OF 70% AFTER FACTORING IN THE PROPOSED USE OF SURPLUS. ASSUMING THE CITY COUNCIL WERE TO APPROVE EVERYTHING THAT IS BEING REQUESTED, THE UPDATED RESERVE BALANCE WOULD BE 154.3 MILLION, OR 65% AND THAT IS JUST UNDER $59 MILLION IN EXCESS OF CITY COUNCIL POLICY NUMBER 74 AND ITS 40% RESERVE REQUIREMENT. AND WITH THAT CONCLUDES MY PRESENTATION. I'D BE HAPPY TO ANSWER ANY QUESTIONS THAT YOU MAY HAVE. DO WE HAVE SPEAKERS? YES. THOMAS KRAUSS. HI. MY COMMENTS ARE RELATED TO THE SECTION 115 TRUST, AND I'D LIKE TO COMMEND THE COUNCIL FOR HAVING THE FORESIGHT OF ADOPTING THAT IN 2023 AND I JUST ENCOURAGE YOU TO CONTINUE THAT. I'D EVEN ARGUE, GIVEN THE LIKELIHOOD OF FURTHER REDUCTIONS IN CALPERS DISCOUNT RATE, THAT YOU LOOK FOR OPPORTUNITIES TO, I DON'T KNOW, SOMEHOW ACCELERATE YOUR COMMITMENT TO THE SECTION 115 TRUST OR PLAN ON EXTENDING THE CONTRIBUTION PERIOD. I WOULD GUARANTEE YOU, AND IT COMPORTS WITH THE ANALYSIS DONE IN THE STAFF'S WORK AROUND SEPTEMBER 2023, WHEN YOU ADOPTED IT, THAT THE AVERAGE RETURN OF THIS SORT OF INVESTMENT IS LIKELY TO EXCEED THE AVERAGE RETURN OF WHATEVER THE TREASURER MANAGES. [01:25:02] EVEN IF I WERE TO BE ELECTED OVER TIME, IT'S LIKE ALMOST IMPOSSIBLE FOR THE SORT OF INVESTMENT RETURNS UNDER THE INVESTMENT POLICY STATEMENT FOR THE GENERAL FUND TO COME ANYWHERE NEAR THE RETURNS THAT YOU'RE GOING TO GET OUT OF THE 115 TRUST. SO OVER TEN YEARS, IF YOU LOOK AT YOUR OWN CHARTS, I THINK IT'S AN AVERAGE OF 40 OR 50% GREATER RETURNS LIKE IN PERCENTAGE. SO INSTEAD OF $100, $150 VERSUS THE GENERAL FUND, MIGHT BE YOU MIGHT BE LUCKY TO BE AT 110. SO AGAIN, I'M ALL IN FAVOR OF THAT PART OF THE BUDGET AND JUST TO ENCOURAGE YOU TO, OVER TIME, EVEN THINK MORE AGGRESSIVELY GIVEN AN ACTUAL NEED OR POTENTIAL NEED TO UTILIZE THAT TO A GREATER EXTENT. THANK YOU. ANY OTHER SPEAKERS? THERE ARE NOT. QUESTIONS FROM COUNCIL. COMMENTS FROM COUNCIL. I HAD A QUESTION. IT SKIPPED MY MIND. THIS IS WHAT HAPPENS WHEN YOU GET OLD. I'M SORRY. ALL RIGHT. MOTION, PLEASE. MOVE. ADOPTION OF ALL RESOLUTION. AGENDA ITEM 12. SECOND. PLEASE VOTE. PASSES UNANIMOUSLY. THANK YOU. ITEM NUMBER 12. OH, THAT WAS 12. DO I HAVE TO REITERATE THE AGE THING? DO YOU HAVE. MS. [COUNCIL COMMENTARY AND REQUESTS FOR CONSIDERATION OF MATTERS] LUNA OR ANYTHING, MISS BURKHOLDER? THANK YOU. YES. SANDAG EXECUTIVE COMMITTEE THIS FRIDAY AT 9AM AND THE BOARD OF DIRECTORS WILL BE AT 10AM AND IT IS BREAST CANCER AWARENESS MONTH. SO AS YOU CAN SEE, WE ARE SPORTING OUR PINK AND IN SUPPORT. GET YOUR DOCTOR'S APPOINTMENTS MADE AND MAKE SURE YOU'RE UP ON THAT AND GO PADRES, HAVE A GOOD NIGHT. MISS ACOSTA, THANK YOU. JUST ONE THING. THE CITY OF CARLSBAD LEGISLATIVE SUBCOMMITTEE MET THIS MORNING IN THESE CHAMBERS, AND WE DISCUSSED WHAT'S HAPPENING AT STATE AND FEDERAL GOVERNMENT AND WHAT OUR LOBBYISTS ARE WORKING ON FOR US. WE'RE ALWAYS WORKING TO PROTECT OUR LOCAL AUTHORITY. THERE WERE BILLS WE POSITIONED ON THAT WE OPPOSED THAT MADE IT THROUGH ANYWAY AND OUR LAW AND SOME OF THEM DO AFFECT OUR LOCAL CONTROL AND THAT'S FRUSTRATING. BUT WE'RE GOING TO KEEP AT IT. BUT THE GOOD NEWS IS THAT THIS YEAR, THE CITY OF CARLSBAD SPONSORED TWO BILLS CARRIED BY ASSEMBLY MEMBER BERNER, ONE ON CYBERSECURITY AND ONE ON E-BIKE AND BIKE SAFETY, AND BOTH OF THOSE HAVE BEEN SIGNED INTO LAW. THEY ARE NOW LAW, SO IT'S VERY EXCITING. THE CITY OF CARLSBAD OVER THE LAST FOUR YEARS HAS PRESENTED IT, SPONSORED FOUR BILLS AND FIVE BILLS, AND ALL FIVE OF THEM HAVE BECOME LAW. SO WE'RE DOING REALLY WELL. I DON'T EXPECT 100% RECORD ALWAYS, BUT IT'S VERY EXCITING TO BE PART OF A TEAM THAT IS SO ENGAGED WITH LEGISLATION AND PROTECTING OUR CITY AND OUR PEOPLE. THANK YOU, MISS BHAT-PATEL. THE ONLY THING I HAVE IS I'D LIKE TO MAKE A MINUTE MOTION DIRECTING TRANSPORTATION STAFF TO BRING BACK FOR FURTHER DISCUSSION AND DIRECTION, CONSIDERATION OF A STOP SIGN AT HOOVER AND ADAMS, AND TO BRING THAT BACK WITHIN 60 DAYS. SECOND, ANY COMMENTS OR DISCUSSION? PLEASE VOTE. THAT PASSES UNANIMOUSLY. MAYOR. I'M SORRY, I DID FORGET ONE THING. OH, PLEASE. OKAY. I ALSO HAD A MINUTE MOTION IN MIND, AND I WROTE IT DOWN BECAUSE I WANTED TO BE SURE THAT I HAD IT RIGHT. SO I'M SORRY. JUST GIVE ME A QUICK SEC. THERE WE GO. THIS RELATES TO AN ISSUE THAT I KEEP HEARING ABOUT FROM MY COMMUNITY IN SOUTH CARLSBAD. FOR MANY YEARS, THE RESIDENTS OF THE THE DISTRICT 4, AND SPECIFICALLY THE PONTO AREA HAVE BEEN ASKING ABOUT A PARK IN THE SOUTHWEST PORTION OF CARLSBAD. SO I'D LIKE TO SEEK A MINUTE MOTION ALSO THAT WOULD PLACE FOR DISCUSSION ON A FUTURE CITY COUNCIL AGENDA. THE POTENTIAL FOR A COMMUNITY PARK IN THE SOUTHWEST PORTION OF CARLSBAD, IN ORDER TO GIVE THE CITY COUNCIL AN OPPORTUNITY TO REVISIT THE PREVIOUS DISCUSSIONS AND RECEIVE AN UPDATE FROM STAFF REGARDING THE POTENTIAL PARK IN SOUTH PONTO. SECOND, FOR DISCUSSION. HOW LONG AGO DID WE JUST DID THIS, DIDN'T WE? JUST WITHIN THE LAST YEAR OR SO. NO. I MADE A MOTION AND IT WASN'T WHILE WE HAD THESE TWO HERE THAT IT PASSED. IT WAS BEFORE THAT. IT WAS BEFORE WE HAD COUNCIL MEMBER BURKHOLDER AND COUNCIL MEMBER LUNA. IT WAS 21, 2021. I WE MADE A MOTION, BUT IT DIDN'T PASS AFTER YOU TWO JOINED US. BUT WE ACTUALLY HAD A DISCUSSION IN 2021. OKAY. DISCUSSION. OKAY. PLEASE VOTE AND IT DIDN'T PASS AGAIN. I'M SORRY. THAT'S OKAY. THANK YOU, CITY MANAGER. [01:30:03] NOTHING, SIR. CITY ATTORNEY? YES. THANK YOU. I HAD A COUPLE CLARIFICATIONS FOR THE BENEFIT OF THE THE AUDIENCE. OUR OFFICE HAS NO JURISDICTION OVER CAMPAIGN FINANCE LAWS. NOT EVEN LOCAL CAMPAIGN FINANCE LAWS WHICH ARE ENFORCED BY THE DISTRICT ATTORNEY. ALSO, OUR OFFICE IS PROHIBITED FROM USING PUBLIC FUNDS TO FOR POLITICAL PURPOSES, WHICH MEANS, AMONG OTHER THINGS, THAT OUR OFFICE CANNOT PROVIDE LEGAL ADVICE TO CANDIDATES OR THEIR CAMPAIGNS. OUR OFFICE REPRESENTS THE CITY OF CARLSBAD AS AN ENTITY. WE DO NOT REPRESENT ANY OF THE ORGANIZATIONS OR AGENCIES THAT THE CITY COUNCIL MEMBERS SIT ON. ASIDE FROM THIS BODY HERE, SO WE CANNOT PROVIDE LEGAL ADVICE RELATED TO THEIR WORK FOR THOSE OTHER ORGANIZATIONS AND AGENCIES. HOWEVER, EACH OF THOSE ORGANIZATIONS AND AGENCIES DO HAVE COUNSEL THAT REPRESENT THEM AND ARE AVAILABLE TO THE COUNCIL MEMBERS TO ASSIST THEM WITH ANY LEGAL NEEDS RELATED TO THOSE ORGANIZATIONS AND AGENCIES. THANK YOU, CITY CLERK. [PUBLIC COMMENT] WE HAVE ONE MORE PUBLIC COMMENT. SPEAKER THOMAS KRAUSS. COUNCIL. EXCUSE ME, SIR. DID HE SPEAK AT PUBLIC COMMENT OR WAS IT ON AN AGENDA ITEM? ITEM ONE. AGENDA ITEM. OKAY. THANK YOU. OKAY, MR. KRAUSS, GO AHEAD AND SO THIS DOES AGAIN, THOMAS KRAUSS [INAUDIBLE] I'M A CANDIDATE FOR CITY TREASURER. ON THE OPACITY OF THE OPERATIONS OF THE TREASURER. IT'S BROUGHT TO MY ATTENTION THAT I THINK AND HAVING TALKED TO THE COMMUNITY IN THE PROCESS OF RUNNING FOR THIS OFFICE, THAT MOST MEMBERS OF THE COMMUNITY DON'T UNDERSTAND WHAT THE ROLE OF THE TREASURER IS AND OR WHAT THE QUALIFICATIONS ARE, THAT WOULD ARRIVE AT THE BEST CANDIDATE AND SO, GIVEN THAT THE CITY COUNCIL HAS A GREAT DEAL TO DO WITH TWO SPECIFIC THINGS, FOR INSTANCE, IN THIS CASE CHOOSING WHETHER OR NOT TO APPOINT A REPLACEMENT TREASURER FOR THE RESIGNED PRIOR TREASURER, AND ALSO SETTING THE CODE STANDARDS FOR THE MINIMUM QUALIFICATIONS TO BE ON THE BALLOT AND SO IN THAT CONTEXT, I'D LIKE TO MAKE A FEW COMMENTS AND SHARE SOME OF MY OBSERVATIONS, IN PARTICULAR NOTING THAT MY UNDERSTANDING IS TO PUT AN ITEM ON THE BALLOT COST SOMEWHERE BETWEEN $150,000 AND $300,000 PER ITEM. THAT IS UNAVOIDABLE COST. FROM SAN DIEGO. REGISTER VOTERS, PASSING IT DOWN TO THE CITY THAT THERE'S A BIG INCENTIVE FOR THE COUNCIL, PERHAPS IN THE FUTURE, TO APPOINT IN THESE SORTS OF SITUATIONS RATHER THAN CALLING A SPECIAL ELECTION. I ALSO FIND THAT PROBABLY THE CITY COUNCIL IS GOING TO BE MUCH MORE INFORMED ABOUT WHAT THE TREASURER'S ROLE IS AND WHAT THE BEST QUALIFICATIONS ARE TO FILL THAT ROLE. IN THE ABSENCE OF THAT, IN LETTING IT GO TO THE VOTERS, TO SOMEHOW DO A COUPLE OF THINGS. ONE IS TO MAKE ALL THESE DOCUMENTS RELATING TO THE TREASURER'S ACTIVITIES MUCH EASIER TO FIND. SO, FOR INSTANCE, I'M GOING TO HAVE TO FILE A PUBLIC RECORDS REQUEST JUST TO GET THE AGENDAS, THE MINUTES AND ANY REPORTS COMING FROM EITHER THE TREASURER AND OR THIS CARLSBAD'S INVESTMENT REVIEW COMMITTEE. EVEN THE MEMBERSHIP OF THAT COMMITTEE ISN'T A PUBLIC RECORD. IN THE DOCUMENT THAT SHOWS ALL THE MEMBERSHIPS OF ALL THE OTHER BOARDS AND COMMISSIONS. NOW, I UNDERSTAND THAT STATUTORILY IT WAS STAFF ON THAT COMMITTEE. BUT ONE OF THE CANDIDATES, FOR INSTANCE, IS ADVERTISING THAT HE WAS ON THE COMMITTEE, WHICH IS IMPOSSIBLE SINCE HE WASN'T A STAFF MEMBER, ALTHOUGH HE PERHAPS HE COULD HAVE BEEN APPOINTED UNILATERALLY BY THE TREASURER AS AN ADVISER, LIKE A NON-VOTING OBSERVANT. BUT THIS INFORMATION ISN'T EVEN RELATIVELY AVAILABLE FOR THE PUBLIC TO FIND. I COULDN'T FIND IT AND I'M RUNNING FOR THIS OFFICE, RIGHT? OTHER THINGS, SUCH AS THE SECTION 151 TRUST. I UNDERSTAND THAT YOU KNOW THAT'S NOT MANAGED BY THE TREASURER, BUT AMONGST A BUNCH OF OTHER INVESTMENTS, I THINK IT WOULD BE HELPFUL TO HAVE THAT INFORMATION ON AT LEAST THE REPORT OF THE ANNUAL REPORT OF INVESTMENTS OF THE CITY, IF NOT ON THE MONTHLY REPORT FROM THE TREASURER, STATING ALL OF THE INVESTMENTS THAT THE CITY HOLDS, EVEN IF THE TREASURER ISN'T RESPONSIBLE FOR TRADING AND MANAGING THOSE FUNDS. THANK YOU. ANY OTHER SPEAKERS? NO. WE'RE ADJOURNED. * This transcript was compiled from uncorrected Closed Captioning.