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HomeMy WebLinkAbout1999 06-08 CC AGENDA PKTAGENDA OF A REGULAR MEETING NATIONAL CITY CITY COUNCIL COUNCIL CHAMBERS 1243 NATIONAL CITY BOULEVARD REGULAR MEETING - TUESDAY, JUNE 8, 1999 - 6:00 P.M. OPEN TO THE PUBLIC PLEASE COMPLETE A REQUEST TO SPEAK FORM PRIOR TO THE COMMENCEMENT OF THE MEETING AND SUBMIT IT TO THE CITY CLERK IT IS THE INTENTION OF YOUR CITY COUNCIL TO BE RECEPTIVE TO YOUR CONCERNS IN THIS COMMUNITY. YOUR PARTICIPATION IN LOCAL GOVERNMENT WILL ASSURE A RESPONSIBLE AND EFFICIENT CITY OF NATIONAL CITY. WE INVITE YOU TO BRING TO THE ATTENTION OF THE CITY MANAGER ANY MATTER THAT YOU DESIRE THE CITY COUNCIL TO CONSIDER. WE THANK YOU FOR YOUR PRESENCE AND WISH YOU TO KNOW THAT WE APPRECIATE YOUR INVOLVEMENT. ROLL CALL PLEDGE OE ALLEGIANCE TO THE FLAG BY THE CITY MANAGER, TOM G. MCCABE INVOCATION APPROVAL OF THE MINUTES OF THE REGULAR MEETING OF JUNE 1, 1999. COUNCIL AGENDA 6/8/99 Page 2 CONSENT CALENDAR Consent Calendar: Consent Calendar items involve matters which are of a routine or noncontroversial nature. All consent calendar items are adopted by approval of a single motion by the City Council. Prior to such approval, any item may be removed from the consent portion of the agenda and separately considered, upon request of a Councilmember, a staff member, or a member of the public. 1 Resolution No. 99-78 Resolution of the City Council of the City of National City authorizing the waiver of the bid process and purchase of ARJISNet hardware, software and infrastructure from ARJIS and SDDPC. (Police) 2. Consolidated Cash and Investment Report as of March 31, 1999. (Finance) 3. Claim for Damages: Margaret Soto (City Clerk) 4. Claim for Damages: Vivian Orona (City Clerk) NEW BUSINESS 5. Request for City Council direction regarding a request by "Christmas in July" to modify the lease for 2101 Hoover Avenue. (Engineering) 6. Request for City Council direction regarding a request by "Christmas in July" to have the property at 1915 Palm Avenue donated to them. (Engineering) COUNCIL AGENDA 6/8/99 Page 3 NEW BUSINESS (Cont.) — CITY MANAGER -� CITY ATTORNEY --> OTHER STAFF -* MAYOR -+ CITY COUNCIL PUBLIC ORAL COMMUNICATIONS (Five -Minute Time Limit) NOTE: Pursuant to State Law, items requiring Council action must be brought back on a subsequent Council agenda unless they are of a demonstrated emergency or urgent nature. ADJOURNMENT Next Regular City Council Meeting - June 15, 1999 at 3:00 p.m. - Council Chambers, Civic Center. TAPE RECORDINGS OF EACH CITY COUNCIL MEETING ARE AVAILABLE FOR SALE AND TO LISTEN TO IN THE CITY CLERK'S OFFICE City of National City, California COUNCIL AGENDA STATEMENT 1 MEETING DATE June 8, 1999 AGENDA ITEM NO. ITEM TITLE RESOLUTION AUTHORIZING WAIVER OF BID PROCESS AND PURCHASE OF ARJISNET HARDWARE, SOFTWARE AND INFRASTRUCTURE FROM ARMS AND SDDPC PREPARED BY EXPLANATION. Skip DiCerchio d` Chief of Police DEPARTMENT Police Purchasing ordinance #1480, Section 12a4, authorizes the bidding requirement to be waived "when Council determines that due to special circumstances, it is the City's best interest to purchase a commodity or enter into a contract without strict compliance to the bidding procedure." This proposed purchase is within those guidelines. This new system created by the Automated Regional Justice Information System (ARJIS) will create a separate law enforcement network, replacing the existing system. The new system involves infrastructure improvements within ARMS agencies in partnership with improvements at San Diego Data Processing Center (SDDPC). This upgrade is not only necessary to replace badly outdated and obsolete hardware (purchased in 1986), but it is also required to meet California Department of Justice mandates which must be in place by December 31, 1999. ARJISNet supports ARJIS enhancements and applications such as CAL -Photo, CAL -Gang and Mapping. It implements a DOJ trusted network behind a firewall, provides a more secure network and provides secure links to DOJ and to other counties. ARMSNet will also support future ARMS agencies' growth and will improve network management and trouble shooting. ARMS and SDDPC, in partnership, are the only providers of this system. Environmental Review X N/A Financial Statement The project will not impact the current budget as funding is available to accomplish the transition to the new system. There will be no negative impact to future budgets since costs to support ARMSNet should be approximately the same as present support costs for the system it replaces. Account No. 001-411-000-297 STAFF RECOMMENDATION Approve Resolution BOARD/COMMISSION RECOMMENDATION N/A ATTACHMENTS (Listed Below) 1. Resolution 2. Memo from MIS Dept 3. Y1emo from Police Dept. Resolution No. 99-78 A-200 (Rev. R/801 RESOLUTION NO.99 - 78 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY AUTHORIZING THE WAIVER OF THE BID PROCESS AND PURCHASE OF ARJISNET HARDWARE, SOFTWARE AND INFRASTRUCTURE FROM ARJIS AND SDDPC WHEREAS, the new system created by the Automated Regional Justice Information System (ARJIS) will create a separate law enforcement network, replacing the existing system; and WHEREAS, the new system involves infrastructure improvements within ARJIS agencies in partnership with improvements at San Diego Data Processing Center (SDDPC); and WHEREAS, this upgrade is not only neePssary to replace badly outdated and obsolete hardware purchased in 1986, but it is required to meet California Department of Justice mandates which must be in place by December 31, 1999; and WHEREAS, ARASNet will support future ARJIS agencies' growth and will improve network management and trouble shooting; and WHEREAS, ARJIS and SDDPC, in partnership, are the only providers of this system; and WHEREAS, pursuant to Section 12.60.220(D) of the National City Municipal Code, the Purchasing Agent may dispense with the requirements of the binding when the City Council determines that due to special circumstances,it is to the City's best interest to purchase a commodity or enter into a contract without compliance with the bidding procedure. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of National City hereby determines that special cirrnmetances exist in the present case, and authorizes the Purchasing Agent to waive the bidding process and approves the purchase of ARJISNET hardware, software and infrastructure from ARJIS and SDDPC. PASSED and ADOPTED this 8* day of June, 1999. George H. Waters, Mayor ATTEST: Michael R. Dalla City Clerk APPRn�Q FILM: �a George H. , III City Attorney Memorandum From: Bernard Yeo MIS Manager To: Park Morse Assistant City Manager Date: June 3, 1999 Re: MIS Review of ARJISNet Software and Hardware Purchase I have reviewed the request by the Police Dept to purchase ARJISNet hardware, software and infrastructure from ARJIS and SDDPC, and to waive the normal bid process. This proposal seeks to install a Frame Relay T1 communication line, purchase communication equipment and installation/setup services necessary to link the National City Police Dept with the ARJIS and DOJ law enforcement network. I concur with the hardware, software and infrastructure purchase, and with the request that the purchase be by "sole source" acquisition. I would like to offer the following additional points: 1. PD has identified available funding source within their current budget to handle this purchase, which we estimate to be approximately $10,500. 2. The final hardware, software and infrastructure requirement list should be subjected to MIS approval and purchase. 3. Waiving of the bid process should be limited to the ARJISNet communication infrastructure and equipment (including necessary software to setup the communication equipment), and the installation/setup services. It should not include personal computers, printers and desktop communication software. 4. Desktop communication software originally necessary for the implementation of the ARJISNet (approximately valued at $8,000) is already available from MIS and 20 licensed copies can be provided to PD at no cost. JUN-03-99 03:27 PM NATIONAL CITY POLICE • 619 336 4525 r .nc NATIONAL CITY POLICE DEPARTMENT June 3, 1999 TO: FROM: MEMORANDUM Bernard Yeo Management Information Services Ronni Zengo Administrativecretary SUBJECT: ARJISNET Attached is the ARJISNET Connectivity cost estimate submitted by Pam Scanlon dated 4/6/99. The grand total of the estimate is $10,141.68. This estimate does not include the communications software, computers or printers. Also note the PC installation labor is an estimate. The funding for ARJISNET can come from account #001-411-000-297 ($16,000.00 balance in account.) An intrabudget transfer will need to be completed to the account you specify. If you have any further questions, please contact me. cc: Captain Short City of National City, California COUNCIL AGENDA STATEMENT 2 MEETING DATE AGENDA ITEM NO. June 8, 1999 % ITEM TITLE CONSOLIDATED CASH AND INVESTMENT REPORT AS OF March 31, 1999 PREPARED BY DEPARTMEN Finance A. Smalley EXPLANATION For the City Council's information and in compliance with the City's investment policy, the consolidated cash and investment report as of March 31, 1999 is hereby submitted. This report reflects the components of the investment portfolio as of March 31, 1999 and the results of the investment program for the period then ended. The investment portfolio provides for sufficient liquidity to meet the following month's estimated expenditures. Environmental Review N/A Financial Statement Not applicable. Account No. STAFF RECOMMENDATION We recommend that the report be accepted and filed. BOARD/COMMISSION RECOMMENDATION 1 • TTACHMENTS (Listed Below) as 1Account ummary. 2. Investment Summary by Maturity Date. 3. Investment Summary by Investment Type. d ConcolidatPri Cach Report A-700 (Re•. 9/801 5. Monthly t$4It eipts 6. Monthly Statement of Disbursements. 7. Pooled Investment Transactions Report. CITY OF NATIONAL CITY CASH ACCOUNT SUMMARY March 1999 BALANCE REVOLVING CASH $ 3,635.90 RETURNED CHECKS 2,565.07 BANK OF AMERICA #80200 82,221.45 OUTSTANDING WARRANTS -287,299.25 PAYROLL OUTSTANDING WARRANTS -225,337.70 INVESTMENTS 27,979,577.21 TOTAL $ 27,555,362.68 INVESTMENT EARNINGS HISTORY: FISCAL YEAR YEAR-TO-DATE TOTAL YEAR 1998-99 $ 810,100.84 $ 1997-98 522,244.13 1,478,232.91 1996-97 600,422.05 1,256,907.31 1995-96 747,996.28 974,113.25 1994-95 783,872.32 1,001,709.56 1993-94 640,774.21 1,011,586.52 1992-93 395,381.12 721,913.49 1991-92 494,159.61 864,052.63 1990-91 746,258.16 1,303,878.52 1989-90 729,727.76 1,544,993.71 1988-89 _ 693,853.17 1,311,930.94 - 1987-88 601,584.46 979,435.87 1986-87 602,291.15 1,048,978.23 1985-86 - - 859,274.72 1,321,688.93 1984-85 988,283.43 1,543,266.30 0399 TYPE GMAC Mortgage Corp. GNMA Bonds Citizen Fidelity GNMA Bonds Federal National Mortgage Association Bonds Criterion Financial GNMA Bonds Multiple Issuer GNMA Bonds Certificate of Deposit Orix American 120 Day Commercial Paper Federal National Mortgage Association Bonds TransOhio Savings Bank GNMA Bonds Ameribanc Savings Bank GNMA Bonds GNMA Bonds Certificate of Deposit Certificate of Deposit Colonial Mortgage Company GNMA Bonds Federal Home Loan Mortgage Gold Bonds Certificate of Deposit FINANCIAL IMSIIIIlh141I MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. Cross Country Bank MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc I California Pacific Bank Commerical Pacific Bank MultiBank Securities, Inc. MultiBank Securites, Inc. First Bank of Beverly Hills CITY OF NATIONAL CITY INVESTMENT SUMMARY BY MATURITY DATE March 1999 DATE OF DEPOaII DATE OF PURCHASE MATURITY PRICE AMOUNT MATURED FOR CURRENT MONILi CARRYING CURRENT MARKET VALUE IF MATURITY ?12MOuIH 8/26/97 1/30/99 22,518.00 979.21 8,699.48 N/A 8/26/97 1/30/99 18,164.07 1,048.03 6,004.53 N/A 12/23/97 3/1/99 53,437.62 12,331.77 409.49 N/A 10/15/97 3/15/99 38,822.67 687.70 19,238.13 N/A 10/30/97 3/29/99 34,504.40 775.14 21,647.59 N/A 10/2/98 3/31/99 100,000.00 100,000.00 N/A 1/7/99 4/8/99 246,730.82 246,730.82 N/A 2/18/98 4/18/99 14,437.11 234.07 6,746.19 N/A 10/21/97 4/21/99 39,863.99 868.91 22,844.46 N/A 11/21/97 5/21/99 29,989.48 771.21 20,468.10 N/A 10/30/97 5/29/99 48,805.26 876.18 25,819.50 N/A 6/16/98 6/16/99 99,000.00 99,000.00 N/A 12/16/97 6/18/99 99,000.00 99,000.00 N/A 12/23/97 6/23/99 40,796.39 666.00 21,392.59 N/A 10/30/98 6/30/99 145,497.77 10,883.05 98,758.30 N/A 7/1/98 7/1/99 99,000.00 99,000.00 N/A INTEREST RATE 6.020% 6.020%, 5.730%, 5.870% 5.970% 5.670%, 5.240% 6.130% 5.820% 5.790% 5.970% 5.700% 6.100% 5.910% 5.850% 5.920% Page 1 of 9 IYPI: United Mortgage Corp. GNMA Bonds Certificate of Deposit Certificate of Deposit Certificate of Deposit Certificate of Deposit Certificate of Deposit GNMA Bonds Pass Thru Pool Federal Home Loan Mortgage Bonds GNMA Bonds Pass Thru Pool Federal National Mortgage Association Bonds GNMA Bonds Pass Thru Pool Federal Home Loan Mortgage Bonds Federal National Mortgage Association Bonds Federal Home Loan Mortgage Bonds Federal Home Loan Mortgage Bonds GNMA Bonds Pass Thru Pool Certificate of Deposit FINANCIAL. INSIIIUIION MultiBank Securities, Inc. International City Bank First National Bank of Mann South Bay Bank Life Savings Bank Signal Bank MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Secuities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. First NB of Keystone CITY OF NATIONAL CITY INVESTMENT SUMMARY BY MATURITY DATE March 1999 DATE OF DLI'Q51I. DATE OF PURCI LASE MAIURIIY I'I!KL AMOUNT MATURED FOR CURRENT MQNIt! CARRYING CQ$ [ 11/12/97 7/12/99 39,267.48 651.34 21,969.53 7/16/98 7/16/99 99,000.00 99,000.00 7/16/98 7/16/99 99,000.00 99,000.00 3/18/98 7/26/99 92,637.95 92,637.95 8/3/98 7/30/99 99,000.00 99,000.00 11/2/98 8/9/99 96,619.58 96,619.58 11/12/97 8/12/99 35,756.95 598.41 21,297.22 CURRENT MARKET VALUE IF MATURITY 12 MQNIIIS N/A N/A N/A N/A N/A N/A N/A 2/18/98 8/18/99 20,510.44 625.73 11;481.55 N/A 3/23/98 9/3/99 69,954.91 3,330.80 42,208.21 N/A 9/17/97 9/17/99 58,289.73 2116.88 27,853.69 N/A 2/18/98 9/18/99 20,056.84 575.01 13,729.93 N/A 2/18/98 9/18/99 17,831.50 1,105.86 10,082.18 N/A 2/18/98 9/18/99 24,437.06 348.13 11,405.05 N/A 2/18/98 9/18/99 12,253.37 360.77 8,981.08 N/A 2/18/98 9/18/99 17,688.43 2,149.02 10,345.32 N/A 11/21/97 9/21/99 81,701.86 4,010.37 36,914.65 N/A 9/28/98 9/23/99 94,810.00 94,810.00 N/A Page 2 of 9 INTEREST M f E 6.000%, 5.970%, 5.900%, 5.860%, 5.805% 6.460%, 6.050%, 5.800%, 5.820% 6.290% 6.110% 5.970% 5.940% 6.210% 5.950% 5.920% 5.850% TYPE CITY OF NATIONAL CITY INVESTMENT SUMMARY BY MATURITY DATE March 1999 AMOUNT CURRENT MATURED MARKET VALUE FINANCIAL DATE OF DATE OF PURCHASE FOR CURRENT CARRYING IF MATURITY INTEREST INSTITUTOR PEEPS1T MADAM EI31PE MCINTH EOST > 12 MONTHS BATE Federal National Mortgage Association Bonds MultiBank Securities, Inc. 11/25/97 9/25/99 49,829.57 834.20 27,808.71 N/A 6.100% Certificate of Deposit Advanta National Bank 9/29/98 9/29/99 100,000.00 100,000.00 N/A 5.850% GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. 3/23/98 9/29/99 70,974.64 1,349.53 39,378.55 N/A 5.870% Certificate of Deposit TPEA No. 5 Credit Union 10/2/98 10/2/99 94,652.15 94,652.15 N/A 5.650%, GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. 3/23/98 10/8/99 47,144.76 1,090.55 31,188.09 N/A 6.460% Federal Home Loan Mortgage Bonds MultiBank Securities, Inc. 2/18/98 10/18/99 33,838.46 904.29 21,562.03 N/A 6.380% GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. 4/15/98 10/23/99 51,272.18 1,026.48 32,069.67 N/A 5.910% Federal Home Loan Mortgage Bonds MultiBank Securities, Inc. 2/18/98 11/18/99 32,364.87 723.87 25,527.02 N/A 5.800% Federal Home Loan Mortgage Bonds GNMA Bonds Pass Thru Pool Association Bonds MultiBank Securities, Inc. 2/18/98 12/18/99 61,454.05 857.78 22,853.85 N/A 6.100%Federal National Mortgage GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. 3/23/98 12/24/99 39,432.64 1,438.04 21,697.43 N/A 5.870% FNMA Pass Thru Bonds MultiBank Securities, Inc. 6/22/98 1/8/00 231,615.59 4,635.17 163,015.82 N/A 5.790% GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. 4/15/98 1/23/00 45,796.99 4,547.28 30,986.08 N/A 5.990% Certificate of Deposit Johnson Bank 3/17/99 3/17/00 95,000.00 95,000.00 N/A 6.250% Certificate of Deposit Home Savings of America 9/25/98 3/25/00 75,433.08 75,433.08 N/A 6.510% MultiBank Securities, Inc. 2/18/98 11/18/99 27,354.25 650.99 18,294.94 N/A 6.350% MultiBank Securities, Inc. 3/23/98 11/23/99 50,765.94 883.39 26,622.82 N/A 6.030% FNMA Bonds Callable Bonds Finance 500 12/1/98 4/1/00 101,000.81 7,589.69 83,280.96 77,967.14 5.650% Page 3 of 9 IYPE Certificate of Deposit GNMA Pass Thru Pool Freddie Mac Callable Bonds Federal Home Loan Bank Callable Bonds FNMA Callable Bonds FNMA Bonds Federal Home Loan Bank Callable Bonds Certificate of Deposit Certificate of Deposit Certificate of Deposit Certificate of Deposit Certificate of Deposit Certificate of Deposit GNMA Bonds Pass Thru Pool Certificate of Deposit Federal Home Loan Bank Callable Bonds Certificate of Deposit Certificate of Deposit FINANCIAL 1d�IlI1lT14C1 Washington Fs & La MultiBank Securities, Inc. Mischler Financial Group, Inc. Gilford Securities Mischler Financial Group, Inc. Finance 500 Gilford Securities Golden Security Thrift & Loan Bank Nazarene Credit Union Capital One FSB Cedar Rapids ECU Metropolitan FSB Hometown Bank, NA MultiBank Securities, Inc. First Union Bank Finance 500 New South Fed Savings Bank Western Bank PR CITY OF NATIONAL CITY INVESTMENT SUMMARY BY MATURITY DATE March 1999 DATE OF D_EPOSII DATE OF PURCHASE MAMMY P13LOE 9/29/98 4/3/00 100,000.00 4/15/98 4/20/00 46,094.68 6/17/98 5/19/00 231,169.98 5/26/98 5/26/00 100,066.06 6/24/98 6/23/00 100,000.00 6/26/98 6/26/00 200,000.00 6/26/98 7/28/98 9/25/98 9/29/98 10/1/98 9/29/98 11/20/98 10/21/97 2/23/99 12/10/98 2/23/99 3/3/99 6/26/00 7/28/00 9/25/00 9/29/00 10/1/00 10/2/00 10/8/01 11/20/01 3/23/02 6/10/02 8/12/02 9/3/02 Page 4 of 9 100,000.00 90,000.00 92,155.52 100,000.00 89,576.91 100,000.00 85, 328.46 33, 297.82 84,801.52 100,000.00 97,154.93 95,000.00 AMOUNT MATURED FOR CURRENT MONTH CARRYING COST CURRENT MARKET VALUE IF MATURITY > 12 MONTHS 100, 000.00 100, 000.00 1,131.89 36,615.37 36,450.00 1,443.29 231,169.98 230,253.00 100, 066.06 102, 231.00 100,000.00 100,175.00 200,000.00 200,300.00 100, 000.00 101, 689.00 90,000.00 90,000.00 92,155.52 92,155.52 100, 000.00 100, 000.00 89, 576.91 89, 576.91 100, 000.00 100, 000.00 85,328.46 85,328.46 18,458.50 17,904.00 84,801.52 84,801.52 100,000.00 97,154.93 95,000.00 INTEREST RATE 5.840% 6.200%, 5.845%, 5.785% 5.750%, 5.770% 5.770% 5.980% 5.680% 5.790% 5.810% 5.900% 5.960% 5.920%, 5.820% 99,594.00 5.780% 97,154.93 5.300% 95,000.00 5.400% CITY OF NATIONAL CITY INVESTMENT SUMMARY BY MATURITY DATE March 1999 AMOUNT CURRENT MATURED MARKET VALUE FINANCIAL DATE OF DATE OF PURCHASE FOR CURRENT CARRYING IF MATURITY INTEREST TYPE INSTITUTION LEPOSIT MATURITY PRICE MONTH COST > 12 MONTHS RATE Federal Home Loan Bank Callable Bonds Gilford Securities 3/23/99 9/23/02 100,000.00 100,000.00 100,163.00 5.940% Federal Home Loan Bank 100,000.00 99,453.00 5.640%, Callable Bonds Paine Weber 11/25/98 11/25/02 100,000.00 Federal Home Loan Bank Callable Bonds MultiBank Securities, Inc. 12/2/98 12/2/02 100,000.00 100,000.00 101,202.00 5.770%, Certificate of Deposit Steel Parts Federal Credit Union 11/6/98 12/3/02 79,823.99 79,823.99 79,823.99 6.200% Federal Home Loan Bank Callable Bonds MultiBank Securities, Inc. 12/9/98 12/9/02 125,000.00 125,000.00 126,552.00 5.860%, Federal Home Loan Bank 150,000.00 151,579.00 6.000% Callable Bonds Multibank Securities, Inc. 1/6/99 1/6/03 150,000.00 Certificate of Deposit , MBNA 3/3/99 3/3/03 97,000.00 97,000.00 97,000.00 5.400%, Federal Home Loan Bank Callable Bonds Gilford Securities 3/18/99 3/18/03 100,000.00 100,000.00 100,516.00 6.050%, Certificate of Deposit Greenwood Trust Co 12/23/98 5/6/03 102,692.60 104,056.99 N/A 6.000%, Certificate of Deposit State Bank of India 2/18/99 7/1/03 99,311.66 99,311.66 99,311.66 5.410% Freddie Mac Callable Bonds Finance 500 12/1/98 8/1/03 100,500.00 100,500.00 92,162.00 6.010% Certificate of Deposit Nations Bank 11/23/98 8/4/03 99,000.00 99,000.00 99,000.00 5.850% Certificate of Deposit Farmers Bank 10/2/98 10/2/03 75,948.98 75,948.98 75,948.98 6.330% Certificate of Deposit State Bank of Texas 10/2/98 10/2/03 75,948.98 75,948.98 75,948.98 6.330% FNMA Callable Bonds Finance 500 10/22/98 10/22/03 250,000.00 250,000.00 248,455.00 6.040% FNMA Callable Bonds MultiBank Securites, Inc. 10/22/98 10/22/03 250,000.00 250,000.00 254,932.00 6.040% H Certificate of Deposit Signet Bank 3/1/99 10/29/03 99,886.96 99,886.96 99,886.96 5.500%, Page 5 of 9 CITY OF NATIONAL CITY INVESTMENT SUMMARY BY MATURITY DATE March 1999 AMOUNT CURRENT MATURED MARKET VALUE FINANCIAL DATE OF DATE OF PURCHASE FOR CURRENT CARRYING IF MATURITY INTEREST IYRE IN TJIUI14d PEP45II MATURITY PRISE MOTH S46.I >_12_1AQItTh i RAIE Certificate of Deposit Orchard Fed Savings Bank 11/4/98 11/4/03 99,000.00 99,000.00 99,000.00 5.750% Certificate of Deposit Gold Coast Federal Credit Union 11/6/98 11/6/03 99,000.00 99,000.00 99,000.00 5.750% Federal Home Loan Bank Callable Bonds Finance 500 11/17/98 11/17/03 100,000.00 100,000.00 99,063.00 5.790% Federal Home Loan Bank Callable Bonds MultiBank Securites, Inc. 11/24/98 11/24/03 115,000.00 115,000.00 116,047.00 5.730% Federal Farm Credit Callable Bonds MultiBank Securites, Inc. 11/24/98 11/24/03 250,000.00 250,000.00 251,962.00 5.850% FNMA Callable Bonds Gilford Securities 11/25/98 11/25/03 100,000.00 100,000.00 101,441.00 6.020% FHLB Callable Bonds Gilford Securities 11/25/98 11/25/03 150,000.00 150,000.00 152,484.50 6.000% FHLB Callable Bonds Gilford Securities 11/25/98 11/25/03 150,000.00 150,000.00 151,886.50 5.830% Federal Home Loan Bank Callable Bonds Finance 500 12/1/98 12/1/03 100,000.00 100,000.00 99,281.00 5.910% Federal Home Loan Bank Callable Bonds Gilford Securities 12/1/98 12/1/03 100,000.00 100,000.00 101,383.00 5.930% Federal Home Loan Bank Callable Bonds Multibank Securities, Inc. 12/2/98 12/2/03 125,000.00 125,000.00 126,239.00 5.800% Federal Home Loan Bank Callable Bonds Multibank Securities, Inc. 12/4/98 12/2/03 100,000.00 100,000.00 101,305.00 6.000% Certificate of Deposit Royal Bank of Pennsylvania 12/1/98 12/2/03 76,325.98 76,325.98 76,325.98 6.200% Federal Home Loan Bank Callable Bonds Finance 500 12/21/98 12/4/03 100,000.00 100,000.00 99,375.00 5.970% Federal Home Loan Bank Callable Bonds Multibank Securities, Inc. 12/4/98 12/4/03 100,000.00 100,000.00 101,047.00 5.880% Certificate of Deposit Doral FSB 12/10/98 12/10/03 98,384.22 98,384.22 98,384.22 6.000% Page 6 of 9 IYEE CITY OF NATIONAL CITY INVESTMENT SUMMARY BY MATURITY DATE March 1999 AMOUNT CURRENT MATURED MARKET VALUE FINANCIAL DATE OF DATE OF PURCHASE FOR CURRENT CARRYING IF MATURITY INTEREST IC! iIITUTl4N DEEM MAIl1RITY ERICE MONTH COST > 12 MONTHS RATE FHLMC Bonds Callable Bonds Finance 500 12/22/98 12/22/03 100,000.00 100,000.00 99,094.00 5.820% Freddie Mac Callable Bonds Gilford Securities 12/22/98 12/22/03 100,000.00 100,000.00 100,820.00 5.820% Federal Home Loan Bank Callable Bonds Gilford Securities 12/22/98 12/22/03 100,000.00 100,000.00 100,432.00 5.660% FHLMC Bonds 100,000.00 99,313.00 5.820% Callable Bonds Mischler Financial Group, Inc. 12/22/98 12/22/03 100,000.00 Federal Home Loan Bank Callable Bonds Gilford Securities 12/23/98 12/23/03 100,000.00 100,000.00 100,523.00 5.710% Certificate of Deposit IBJ Schroeder Bank & Trust Co 12/23/98 12/23/03 95,000.00 95,000.00 95,000.00 5.550% Federal Home Loan Bank Callable Bonds Multibank Securities, Inc. 1/5/99 1/5/04 200,000.00 200,000.00 201,512.00 6.000% Certificate of Deposit Bank & Trust Puerto Rico (NY) 1/28/99 1/27/04 95,000.00 95,000.00 95,000.00 5.300% Certificate of Deposit The Comm Bank of Ravenswood 1/28/99 1/28/04 95,000.00 95,000.00 95,000.00 5.350% FNMA Callable Bonds Mischler Financial Group, Inc. 2/18/99 2/18/04 99,500.00 99,500.00 98,135.00 5.500% Federal Home Loan Bank 150;000.00 150,700.00 5.795% Callable Bonds Multibank Securities, Inc. 2/24/99 2/24/04 150,000.00 Certificate of Deposit Wilmington,Trust Co 3/8/99 2/26/04 76,570.64 76,570.64 76,570.64 6.150% FNMA Callable Bonds ,, Mischler Financial Group, Inc. 3/2/99 3/2/04 250,000.00 250,000.00 248,660.00 6.020% Certificate of Deposit San Jose National Bank 3/3/99 3/3/04 97,000.00 97,000.00 97,000.00 5.400% Certificate of Deposit Independent Bank W. Michigan 3/15/99 3/4/04 95,171.78 95,171.78 95,171.78 6.000% Certificate of Deposit Truman Bank', 3/8/99 3/5/04 76,462.13 76,462.13 76,462.13 6.150% Page 7 of 9 CITY OF NATIONAL CITY INVESTMENT SUMMARY BY MATURITY DATE March 1999 AMOUNT CURRENT MATURED MARKET VALUE FINANCIAL DATE OF DATE OF PURCHASE FOR CURRENT CARRYING IF MATURITY INTEREST IYPE INSTITUTION DEPOSIT MATUEITY PRICE MONTH COST > 12 MONTHS RATE FHLMC Bonds Callable Bonds Mischler Financial Group, Inc. 3/8/99 3/8/04 150,000.00 150,000.00 150,046.50 6.300%, FHLMC Bonds Callable Bonds Finance 500 3/8/99 3/8/04 150,000.00 150,000.00 149,859.00 6.300%, Certificate of Deposit F.C.C. National Bank I 3/10/99 3/10/04 95,000.00 95,000.00 95,000.00 5.700% Federal Home Loan Bank Callable Bonds Paine Weber 3/15/99 3/15/04 100,000.00 100,000.00 99,625.00 6.000% Certificate of Deposit Greenwood Trust ' 3/17/99 3/17/04 100,000.00 100,000.00 100,000.00 5.600%, Certificate of Deposit Standard Federal Bank 3/22/99 3/22/04 97,000.00 97,000.00 97,000.00 5.850% Certificate of Deposit Provident Bank, Baltimore, MD 1/21/99 7/21/04 99,000.00 99,000.00 99,000.00 5.500% Certificate of Deposit European American Bank 2/4/99 8/4/04 95,000.00 95,000.00 95,000.00 5.500%, Certificate of Deposit Peoples Bank 2/10/99 8/10/04 95,000.00 95,000.00 95,000.00 5.500% Certificate of Deposit Bank of Mt. Vernon 2/26/99 9/14/05 69,971.36 69,971.36 69,971.36 6.550%, Certificate of Deposit Manufacturers & Traders Trust 3/4/99 2/24/06 93,229.44 93,229.44 93,229.44 5.850% Certificate of Deposit Centura National Bank 3/9/99 9/9/06 95,000.00 95,000.00 95,000.00 6.000%, Certificate of Deposit M&I Marshall & Isley Bank 1/27/99 1/27/09 94,818.55 94,818.55 94,818.55 6.250% Certificate of Deposit Old NB in Evansville 1/28/99 1/28/09 94,772.00 94,772.00 94,772.00 6.250% Certificate of Deposit St. Francis Bank, F.S.B. 1/29/99 1/29/09 94,525.00 94,525.00 94,525.00 6.520% Certificate of Deposit Lasalle Bank National Assoc 2/3/99 4/26/11 49,892.25 49,892.25 49,892.25 8.210% Certificate of Deposit Lasalle Bank National Assoc 1/25/99 1/25/14 95,000.00 95,000.00 95,000.00 6.650% Cash Held by Broker Finance 500 N/A N/A N/A 13,190.15 N/A 4.150% Page 8 of 9 TYPE 1 CITY OF NATIONAL CITY INVESTMENT SUMMARY BY MATURITY DATE March 1999 AMOUNT CURRENT MATURED MARKET VALUE FINANCIAL DATE OF DATE OF PURCHASE FOR CURRENT CARRYING IF MATURITY INTEREST INSTITUTION QEPOSIT MATURITY PRICE MONTH COST > 12 MONTH RATE Local Agency Investment Fund State of California Treasurer N/A N/A N/A 16,280,549.57 N/A 5.265% Total Investments 27,979,577.21 Page 9 of 9 TYPE GMAC Mortgage Corp. GNMA Bonds Citizen Fidelity GNMA Bonds Federal National Mortgage Association Bonds Criterion Financial GNMA Bonds Multiple Issuer GNMA Bonds Federal National Mortgage Association Bonds TransOhio Savings Bank GNMA Bonds Ameribanc Savings Bank GNMA Bonds GNMA Bonds Colonial Mortgage Company GNMA Bonds Federal Home Loan Mortgage Gold Bonds United Mortgage Corp. GNMA Bonds GNMA Bonds Pass Thru Pool Federal Home Loan Mortgage Bonds GNMA Bonds Pass Thru Pool Federal National Mortgage Association Bonds FINANCIAL 1d5.ItTUTION MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc MultiBank Securities, Inc. MultiBank Securities, Inc. ' MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. MultiBank Securities, Inc. ' MultiBank Securities, Inc. DATE OF PEP4SLT CITY OF NATIONAL CITY INVESTMENT SUMMARY BY INVESTMENT TYPE March 1999 DATE OF MATURITY PURCHASE PRICE AMOUNT MATURED FOR CURRENT MONTH CARRYING COST 8/26/97 1/30/99 22,518.00 979.21 8,699.48 8/26/97 1/30/99 18,164.07 1,048.03 6,004.53 12/23/97 3/1/99 53,437.62 12,331.77 409.49 10/15/97 3/15/99 38,822.67 687.70 19,238 13 10/30/97 3/29/99 34,504.40 775.14 21,647.59 2/18/98 4/18/99 14,437.11 234.07 6,746.19 10/21/97 4/21/99 39,863.99 868.91 22,844.46 CURRENT MARKET VALUE IF MATURITY 12 MONTH N/A N/A N/A N/A N/A N/A N/A 11/21/97 5/21/99 29,989.48 771.21 20,468.10 N/A 10/30/97 5/29/99 48,805.26 876.18 25,819.50 N/A 12/23/97 6/23/99 40,796.39 666.00 21,392.59 N/A 10/30/98 6/30/99 145,497.77 10,883.05 98,758.30 N/A 11/12/97 7/12/99 39,267.48 651.34 21,969.53 N/A 11/12/97 8/12/99 35,756.95 598.41 21,297.22 N/A 2/18/98 8/18/99 20,510.44 625.73 11,481.55 N/A 3/23/98 9/3/99 69,954.91 3,330.80 42,208.21 N/A INTEREST RATF 6.020% 6.020% 5.730% 5.870% 5.970% 6.130% 5.820% 5.790% 5.970% 5.910% 5.850% 6.000% 6.050% 5.800% 5.820% 9/17/97 9/17/99 58,289.73 216.88 27,853.69 N/A 6.290% Page 1 of 8 CITY OF NATIONAL CITY INVESTMENT SUMMARY BY INVESTMENT TYPE March 1999 AMOVNT CURRENT MATURED MARKET VALUE FINANCIAL DATE OF DATE OF PURCHASE FOR CURRENT CARRYING IF MATURITY INTEREST TYPE INSTITUTION DEPOSIT MATURITY PRICE MONTH COST > 12 MONTHS RATE 1 GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. I 2/18/98 9/18/99 20,056.84 575.01 13,729.93 N/A 6.110% Federal Home Loan Mortgage Bonds MultiBank Securities, Inc. 2/18/98 9/18/99 17,831.50 1,105.86 10,082.18 N/A 5.970% Federal National Mortgage Association Bonds MultiBank Securities, Inc., 2/18/98 9/18/99 24,437.06 348.13 11,405.05 N/A 5.940% Federal Home Loan Mortgage Bonds MultiBank Securities, Inc. 2/18/98 9/18/99 12,253.37 360.77 8,981.08 N/A 6.210% Federal Home Loan Mortgage 2/18/98 9/18/99 17,688.43 2,149.02 10,345.32 N/A 5.950% Bonds MultiBank Securities, Inc. GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. 11/21/97 9/21/99 81,701.86 4,010.37 36,914.65 N/A 5.920% Federal National Mortgage Association Bonds MultiBank Securities, Inc. 11/25/97 9/25/99 49,829.57 834.20 27,808.71 N/A 6.100% GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. 3/23/98 9/29/99 70,974.64 1,349.53 39,378.55 N/A 5.870% GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. 3/23/98 10/8/99 47,144.76 1,090.55 31,188.09 N/A 6.460% Federal Home Loan Mortgage Bonds MultiBank Securities, Inc. 2/18/98 10/18/99 33,838.46 904.29 21,562.03 N/A GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. 4/15/98 10/23/99 51,272.18 1,026.48 32,069.67 N/A 5.910% Federal Home Loan Mortgage Bonds MultiBank Securities, Inc. 2/18/98 11/18/99 32,364.87 723.87 25,527.02 N/A 5.800% Federal Home Loan Mortgage Bonds MultiBank Securities, Inc. 2/18/98 11/18/99 27,354.25 650.99 18,294.94 N/A 6.350% GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. 3/23/98 11/23/99 50,765.94 883.39 26,622.82 N/A 6.030% Federal National Mortgage Association Bonds MultiBank Securities, Inc. 2/18/98 12/18/99 61,454.05 857.78 22,853.85 N/A 6.100% GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. 3/23/98 12/24/99 39,432.64 1,438.04 21,697.43 N/A 5.870% FNMA Pass Thru Bonds MultiBank Securities, Inc. 6/22/98 1/8/00 231,615.59 4,635.17 163,015.82 N/A 5.790% Page 2 of 8 CITY OF NATIONAL CITY INVESTMENT SUMMARY BY INVESTMENT TYPE March 1999 AMOUNT CURRENT MATURED MARKET VALUE TYEE FINANCIAL. DATE OF DATE OF PURCHASE FOR CURRENT CARRYING IF MATURITY INTEREST INSIIIl11l N DEPOSIT MAIS)BITY fBIGE MONTH EOSI ?_12MQNINS BAIE GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. 4/15/98 1/23/00 45,796.99 4,547.28 30,986.08 N/A o FNMA Bonds 5.990,E Callable Bonds Finance 500 12/1/98 4/1/00 101,000.81 7,589.69 83,280.96 77,967.14 5.650% GNMA Pass Thru Pool MultiBank Securities, Inc. I 4/15/98 4/20/00 46,094.68 1,131.89 36,615.37 36,450.00 6.200% Freddie Mac Callable Bonds Mischler Financial Group, Inc. 6/17/98 5/19/00 231,169.98 231,169.98 230,253.00 5.845% Federal Home Loan Bank Callable Bonds FNMA Callable Bonds Federal Home Loan Bank FNMA Bonds Gilford Securities 5/26/98 5/26/00 100,066.06 100,066.06 102,231.00 5.785% Mlschler Financial Group, Inc. 6/24/98 6/23/00 100,000.00 100,000.00 100,175.00 5.750% Gilford Securities 6/26/98 6/26/00 100,000.00 100,000.00 101,689.00 5.770% Callable Bonds ' Finance 500 6/26/98 6/26/00 200,000.00 200,000.00 200,300.00 5.770% GNMA Bonds Pass Thru Pool MultiBank Securities, Inc. 10/21/97 11/20/01 33,297.82 1,443.29 18,458.50 17,904.00 5.920% Federal Home Loan Bank Callable Bonds Finance 500 12/10/98 6/10/02 100,000.00 100,000.00 99,594.00 5.780% Federal Home Loan Bank Callable Bonds Gilford Securities 3/23/99 9/23/02 100,000.00 100,000.00 100,163.00 5.940% Federal Home Loan Bank Callable Bonds Paine Weber 11/25/98 11/25/02 100,000.00 100,000.00 99,453.00 5.640% Federal Home Loan Bank Callable Bonds MultiBank Securities, Inc. 12/2/98 12/2/02 100,000.00 100,000.00 101,202.00 5.770% Federal Home Loan Bank Callable Bonds MultiBank Securities, Inc. 12/9/98 12/9/02 125,000.00 125,000.00 126,552.00 5.860% Federal Home Loan Bank I Callable Bonds Gilford Securities 3/18/99 3/18/03 100,000.00 100,000.00 100,516.00 6.050% Freddie Mac I Callable Bonds Finance 500 12/1/98 8/1/03 100,500.00 100,500.00 92,162.00 6.010% Page 3 of 8 CITY OF NATIONAL CITY INVESTMENT SUMMARY BY INVESTMENT TYPE March 1999 LYEE Federal National Mortgage Assoc Callable Bonds Federal National Mortgage Assoc Callable Bonds Federal Home Loan Bank Callable Bonds Federal Home Loan Bank Callable Bonds Federal Farm Credit Callable Bonds Multibank Securities, Inc. 11/24/98 11/24/03 250,000.00 250,000.00 251,962.00 5.850% FNMA Callable Bonds Gilford Securities 11/25/98 11/25/03 100,000.00 100,000.00 101,441.00 6.020% FHLB Callable Bonds Gilford Securities I I 11/25/98 11/25/03 150,000.00 150,000.00 152,484.50 6.000% FHLB Callable Bonds Gilford Securities 11/25/98 11/25/03 150,000.00 150,000.00 151,886.50 5.830% Federal Home Loan Bank 12/1/98 12/1/03 100,000.00 100,000.00 99,281.00 5.910% Callable Bonds Finance 500 Federal Home Loan Bank 12/1/98 12/1/03 100,000.00 100,000.00 101,383.00 5.930% Callable Bonds Gilford Securities Federal Home Loan Bank Callable Bonds Multibank Securities, Inc. 12/2/98 12/2/03 125,000.00 125,000.00 126,239.00 5.800% Federal Home Loan Bank 12/4/98 12/2/03 100,000.00 100,000.00 101,305.00 6.000% Callable Bonds Multibank Securities, Inc. Callable bonds Finance 500 12/21/98 12/4/03 100,Federal Home Loan Bank 100,000.00 99,375.00 5.970% 000.00 Federal Nome Loan Bank Callable Bonds Multibank Securities, Inc. 12/4/98 12/4/03 100,000.00 100,000.00 101,047.00 5.880% AMOUNT CURRENT MATURED MARKET VALUE FINANCIAL DATE OF DATE OF PURCHASE FOR CURRENT CARRYING IF MATURITY INTEREST INSTITUTION DEPOSII MATURITY PRICE MONTH COST > 12 MONTHS RATE Finance 500 10/22/98 10/22/03 250,000.00 250,000.00 248,455.00 6.040% MultiBank Securities, Inc. 10/22/98 10/22/03 250,000.00 250,000.00 254,932.00 6.040% Finance 500 11/17/98 11/17/03 100,000.00 100,000.00 99,063.00 5.790% Multibank Securities, Inc. 11/24/98 11/24/03 115,000.00 115,000.00 116,047.00 5.730% FHLMC Bonds Callable Bonds Finance 500 12/22/98 12/22/03 100,000.00 100,000.00 99,094.00 5.820% Freddie Mac 100,000.00 100,820.00 5.820%, Callable Bonds Gilford Securities 12/22/98 12/22/03 100,000.00 Page 4 of 8 TYPE Federal Home Loan Bank Callable Bonds FHLMC Bonds Callable Bonds Federal Home Loan Bank Callable Bonds Federal Home Loan Bank Callable Bonds Federal Home Loan Bank Callable Bonds FNMA Callable Bonds Federal Home Loan Bank Callable Bonds FNMA Callable Bonds FHLMC Bonds Callable Bonds FHLMC Bonds Callable Bonds Federal Home Loan Bank Callable Bonds Total U.S. Government Securities CITY OF NATIONAL CITY INVESTMENT SUMMARY BY INVESTMENT TYPE March 1999 AMOUNT CURRENT FINANCIALMATURED MARKET VALUE DA1 : OF DATE OF PURCHASE FOR CURRENT CARRYING IF MATURITY INTEREST INSTITUTION REP 25II MATURITY PRICE MONTH OOST ? 12_MQNTH8 BATE Gilford Securities 2/22/98 12/22/03 100,000.00 100,000.00 100,432.00 5.660% Mischler Financial Group Inc. 12/22/98 12/22/03 100,000.00 100,000.00 99,313.00 5.820% Gilford Securities : 2/23/98 12/23/03 100,000.00 100,000.00 100,523.00 5.710% Multibank Securities, Inc. 1/6/99 1/6/03 150,000.00 150,000.00 151,579.00 6.000% Multibank Securities, Inc. 1/5/99 1/5/04 200,000.00 200,000.00 201,512.00 6.000% Mischler Financial Group Inc. 2/18/99 2/18/04 99,500.00 99,500.00 98,135.00 5.500% Multibank Securities, Inc. 2/24/99 2/24/04 150,000.00 150,000.00 150,700.00 5.795% Mischler Financial Group Inc. I 3/2/99 3/2/04 250,000.00 250,000.00 248,660.00 6.020% Mischler Financial Group Inc. 3/8/99 3/8/04 150,000.00 150,000.00 150,046.50 6.300% Finance 500 3/8/99 3/8/04 150,000.00 150,000.00 149,859.00 6.300% Paine Weber 3/15/99 3/15/04 100,000.00 100,000.00 99,625.00 6.000% Orix American Inc. 120 Day Commercial Paper Multibank Securities, Inc. Total Commercial Paper 1/7/99 4/8/99 246,730.82 Page 5 of 8 6,263,892.65 246,730.82 N/A 5.240% 246,730.82 CITY OF NATIONAL CITY INVESTMENT SUMMARY BY INVESTMENT TYPE March 1999 AMOUNT CURRENT MATURED MARKET VALUE FINANCIAL DATE OF DATE OF PURCHASE FOR CURRENT CARRYING IF MATURITY INTEREST TYPE It4STITUTION DEPOSIT MATURITY PRICE MONTH MI > 12 MONTHS BALE Cash held by Broker Finance 500 N/A N/A N/A 13,190.15 N/A 4.170% 13,190.15 Total Cash held by Broker Certificate of Deposit Cross Country Bank 10/2/98 3/31/99 100,000.00 ' 100,000.00 N/A 5.670% Certificate of Deposit California Pacific Bank 6/16/98 6/16/99 99,000.00 99,000.00 N/A 5.700% Certificate of Deposit Commerical Pacific Bank 12/16/97 6/18/99 .99,000.00. 99,000.00 N/A 6.100% Certificate of Deposit First Bank of Beverly Hills 7/1/98 7/1/99 99,000.00 99,000.00 N/A 5.920% Certificate of Deposit International City Bank 7/16/98 7/16/99 99,000.00 ,99,000.00 N/A 5.970% Certificate of Deposit First National Bank of Marin 7/16/98 7/16/99 99,000.00 99,000.00 N/A 5.900% Certificate of Deposit South Bay Bank 3/18/98 7/26/99 92,637.95 92,637.95 N/A 5.860% Certificate of Deposit Life Savings Bank 8/3/98 7/30/99 99,000.00 99,000.00 N/A 5.805% Certificate of Deposit Signal Bank 11/2/98 8/9/99 96,619.58 96,619.58 N/A 6.460% Certificate of Deposit First NB of Keystone 9/28/98 9/23/99 94,810.00 94,810.00 N/A 5.850% Certificate of Deposit Advanta National Bank 9/29/98 9/29/99 100,000.00 100,000.00 N/A 5.850% Certificate of Deposit TPEA No. 5 Credit Union 10/2/98 10/2/99 94,652.15 94,652.15 N/A 5.650% Certificate of Deposit Johnson Bank 3/17/99 3/17/00 95,000.00 95,000.00 N/A 6.250% Certificate of Deposit Home Savings of America f 9/25/98 3/25/00 75,433.08 75,433.08 N/A 6.510% Certificate of Deposit Washington Fs & La 9/29/98 4/3/00 100,000.00 100,000.00 100,000.00 5.840% Certificate of Deposit Golden Security Thrift & Loan Bank 7/28/98 7/28/00 90,000.00 90,000.00 90,000.00 5.980% Certificate of Deposit Nazarene CrelJit Union 9/25/98 9/25/00 92,155.52 92,155.52 92,155.52 5.680% Certificate of Deposit Capital One FSB 9/29/98 9/29/00 100,000.00 100,000.00 100,000.00 5.790% Certificate of Deposit Cedar Rapids ECU 10/1/98 10/1/00 89,576.91 89,576.91 89,576.91 5.810%. Page 6 of 8 CITY OF NATIONAL CITY INVESTMENT SUMMARY BY INVESTMENT TYPE March 1999 AMOUNT CURRENT FINANCIAL MATURED MARKET VALUE DATE OF DATE OF PURCHASE FOR CURRENT CARRYING IF MATURITY INTEREST IYRE 111$I1IL1II9ll DEPO$1I MATURITY PRICE MONTH COST > 12 MONTHS RATE Certificate of Deposit Metropolitan FSB 9/29/98 10/2/00 100,000.00 100,000.00 100,000.00 5.900% Certificate of Deposit Hometown Bank, NA 11/20/98 10/8/01 85,328.46 85,328.46 85,328.46 5.960% Certificate of Deposit First Union Bank 2/23/99 3/23/02 84,801.52 84,801.52 84,801.52 5.8209(, Certificate of Deposit New South Fed Savings Bank 2/23/99 8/12/02 97,154.93 97,154.93 97,154.93 5.300% Certificate of Deposit Western Bank PR 3/3/99 9/3/02 95,000.00 95,000.00 95,000.00 5.400% Certificate of Deposit Steel Parts Federal Credit Union 11/6/98 12/3/02 79,823.99 79,823.99 79,823.99 6.200% Certificate of Deposit MBNA 3/3/99 3/3/03 97,000.00 97,000.00 97,000.00 5.400% Certificate of Deposit Greenwood Trust Co 12/23/98 5/6/03 102,692.60 104,056.99 N/A 6,000% Certificate of Deposit State Bank of India 2/18/99 7/1/03 99,311.66 99,311.66 99,311.66 5.410% Certificate of Deposit Nations Bank 11/23/98 8/4/03 99,000.00 99,000.00 99,000.00 5.850% Certificate of Deposit Farmers Bank 10/2/98 10/2/03 75,948.98 75,948.98 75,948.98 6.330% Certificate of Deposit State Bank of Texas 10/2/98 10/2/03 75,948.98 75,948.98 75,948.98 6.330% Certificate of Deposit Signet Bank 3/1/99 10/29/03 99,886.96 99,886.96 99,886.96 5.500% Certificate of Deposit Orchard Fed Savings Bank 11/4/98 11/4/03 99,000.00 99,000.00 99,000.00 5.750% Certificate of Deposit Gold Coast Federal Credit Union 11/6/98 11/6/03 99,000.00 99,000.00 99,000.00 5.750% Certificate of Deposit ' Royal Bank of Pennsylvania 12/1/98 12/2/03 76,325.98 76,325.98 76,325.98 6.200% Certificate of Deposit Dora! FSB 12/10/98 12/10/03 98,384.22 98,384.22 98,384.22 6.000% Certificate of Deposit IBJ Schroeder Bank & Trust Co 12/23/98 12/23/03 95,000.00 95,000.00 95,000.00 5.550% Certificate of Deposit Bank & Trust Puerto Rico (NY) 1/28/99 1/27/04 95,000.00 95,000.00 95,000.00 5.300% 1 Certificate of Deposit The Comm Bank of Ravenswood 1/28/99 1/28/04 95,000.00 95,000.00 95,000.00 5.350% Certificate of Deposit Wilmington Trust Co 3/8/99 2/26/04 76,570.64 76,570.64 76,570.64 6.150% Certificate of Deposit San Jose National Bank 3/3/99 3/3/04 97,000.00 97,000.00 97,000.00 5.400% Page 7 of 8 TYPE CITY OF NATIONAL CITY INVESTMENT SUMMARY BY INVESTMENT TYPE March 1999 AMOUNT CURRENT MATURED MARKET VALUE FINANCIAL DATE OF DATE OF PURCHASE FOR CURRENT CARRYING IF MATURITY INTEREST JNSTITUTION DEPOSIT MATURITY PRICE MONTH COST > 12 MONTHS RATE Certificate of Deposit Independent Bank W. Michigan 3/15/99 3/4/04 95,171.78 95,171.78 95,171.78 6.000% Certificate of Deposit Truman Bank, 3/8/99 3/5/04 76,462.13 76,462.13 76,462.13 6.150% Certificate of Deposit , F.C.C. National Bank 3/10/99 3/10/04 95,000.00 95,000.00 95,000.00 5.700% Certificate of Deposit Greenwood Trust 3/17/99 3/17/04 100,000.00 100,000.00 100,000.00 5.600% Certificate of Deposit Standard Federal Bank 3/22/99 3/22/04 97,000.00 97,000.00 97,000.00 5.850% Certificate of Deposit Provident Bank, Baltimore, MD 1/21/99 7/21/04 99,000.00 99,000.00 99,000.00 5.500% Certificate of Deposit European American Bank 2/4/99 8/4/04 95,000.00 95,000.00 95,000.00 5.500% Certificate of Deposit Peoples Bank 2/10/99 8/10/04 95,000.00 95,000.00 95,000.00 5.500% Certificate of Deposit Bank of Mt. Vernon 2/26/99 9/14/05 69,971.36 69,971.36 69,971.36 6.550% Certificate of Deposit Manufacturers & Traders Trust 3/4/99 2/24/06 93,229.44 93,229.44 93,229.44 5.850% Certificate of Deposit Centura National Bank 3/9/99 9/9/06 95,000.00 95,000.00 95,000,00 6.000% Certificate of Deposit M&I Marshall & Isley Bank 1/27/99 1/27/09 94,818.55 94,818.55 94,818.55 6.250% Certificate of Deposit Old NB in Evansville 1/28/99 1/28/09 94,772.00 94,772.00 94,772.00 6.250% Certificate of Deposit St. Francis Bank, F.S.B. 1/29/99 1/29/09 94,525.00 94,525.00 94,525.00 6.520% Certificate of Deposit Lasalle Bank National Assoc 2/3/99 4/26/11 49,892.25, 49,892.25 49,892.25 8.210% Certificate of Deposit Lasalle Bank National Assoc 1/25/99 1/25/14 95,000.00 95,000.00 95,000.00 6.650% Total Certificates of Deposits Local Agency Investment Fund State of California Treasurer Total Investments N/A N/A N/A 5,175,214.02 16,280,549.57 N/A 5.210% 27,979,577.21 Page 8 of 8 CITY OF NATIONAL CITY CONSOLIDATED CASH REPORT ALL FUNDS MARCH 31, 1999 FUND NUMBER FUND TITLE 001 GENERAL FUND 102 TECHNOLOGY FUND 103 GENERAL CAPITAL OUTLAY FUND 106 CALIFORNIA LITERACY CAMPAIGN 107 RETIREMENT FUND 108 LIBRARY CAPITAL OUTLAY 109 GAS TAXES FUND 112 LOWER SWEETWATER FUND 115 PARK & REC CAPITAL OUTLAY FUND 120 PLAN CHECKING REVOLVING FUND 123 FAMILIES FOR LITERACY FUND 125 SEWER SERVICE FUND 126 FIRE DEPT ACTIVITIES FUND 130 EMT•D REVOLVING FUND 131 ASSET FORFEITURE FUND 136 TINY TOT CLASSES FUND 145 JUVENILE EDUCATION FUND 147 JUDGE PROGRAM 154 STATE PUBLIC LIBRARY FUND 157 SUPPL. LAW ENFORCEMENT (SLESF) 158 SWIMMING POOL REVOLVING FUND 159 GENERAL PLAN UPDATE RESERVE 171 LIBRARY SCHOOL DISTRICT CONTRACT 172 TRASH RATE STABILIZATION FUND 173 NATIONAL SCHOOL DISTRICT CONTRACT 174 SWEETWATER SCHOOL DISTRICT CONTR. 176 POLICE REIMBURSED OVERTIME 177 RESTITUTION REIMBURSEMENTS 178 POLICE HAT BADGES 179 NPT BUS DONATIONS FUND 181 LSTA LIBRARY SYMPOSIUM 189 CIVIC CENTER REFURBISHING 190 30TH STREET CLEANUP FUND 194_ LITERACY INITIATIVES VII 195 LANDSCAPE RESERVE 196 CAPITAL PROJECT RESERVE 197 PRODUCTIVITY IMPROVEMENT RESERVE 198 PROPERTY EVIDENCE SEIZURE 199 SOUTHBAY COMMUNITY SERVICES GRANT 200 30TH STREET CLEANUP FUND•1304 307 PROPOSITION 'A" FUND 312 STP LOCAL/TRANSNET HIGHWAY 343 STATE•LOCAL PARTNERSHIP 626 FACILITIES MAINT FUND 627 LIABILITY INS. FUND 629 INFORMATION SYSTEMS MAINTENANCE 630 OFFICE EQUIPMENT DEPRECIATION 631 TELECOMMUNICATIONS REVOLVING 643 MOTOR VEHICLE SVC FUND 718 TRUST & AGENCY 719 1911 ACT IMPROVEMENT BONDS 721 LIBRARY TRUST FUND ENDING BALANCE 1,056,839.27 543,088.05 1,093,902.89 27,363.95 1,189.21 21,810.23 2,145,884.64 636.84 9,288.91 51,689.98 9,605.32 10,781,934.14 248.11 124, 730.79 96,249.31 10, 734.46 8,025.25 7,043.81 68, 840.47 219,839.29 4,327.00 111,240.55 22,487.53 293,448.93 10,820.00 37,844.00 10,493.70 123.18 36.11 1,797.34 66,260.88 430, 720.64 502,926.56 29,368.70 500,000.00 600, 000.00 50, 000.00 2,691.20 44,286.00 734,480.23 1,860,285.26 441,273.54 35,184.01 212, 600.89 3,271,782.56 46,597.37 397,200.52 48,573.61 1,282,208.32 179, 321.24 1,424.52 46,613.37 TOTAL ALL FUNDS 27,555,362.68 MONTHLY STATEMENT OF RECEIPTS FOR THE MONTH OF MARCH FUND FUND TITLE 001 GENERAL FUND 102 TECHNOLOGY FUND 104 LIBRARY FUND 105 PARKS MAINTENANCE FUND 106 GRANT -CA LITERACY CAMPAIGN 108 LIBRARY CAPITAL OUTLAY 109 GAS TAXES FUND 111 P.O.S.T. FUND 112 LOWER SWEETWATER FUND 115 PARK & REC CAPITAL OUTLAY FUND 120 PLAN CHECKING REVOLVING FUND 123 FAMILIES FOR LITERACY FUND 125 SEWER SERVICE FUND 130 EMT-D REVOLVING FUND 131 ASSET FORFEITURE FUND 135 SD COUNTY REG AUTO THEFT TASK 136 TINY TOT CLASSES FUND 147 JUDGE PROGRAM 150 GRANT-OCJP SER./VIOL. JUV. OFF 153 COPS UNIVERSAL HIRING GRANT 154 STATE PUBLIC LIBRARY FUND 157 SUPPL. LAW ENFORCEMENT (SLESF) 158 SWIMMING POOL REVOLVING FUND 159 GENERAL PLAN UPDATE RESERVE 167 GRANT -NC SUPPR OF DRUG ABUSE 169 LOCAL LAW ENFORCE BLOCK GRANT 171 LIBRARY SCHOOL DISTRICT CONTRACT 172 TRASH RATE STABILIZATION FUND 173 NATIONAL SCHOOL DISTRICT CONTRACT 174 SWEETWATER SCHOOL DISTRICT CONTR. 176 POLICE REIMBURSED OVERTIME 177 RESTITUTION REIMBURSEMENTS 178 POLICE HAT BADGES 179 NPT BUS DONATIONS FUND 181 LTSA LITERACY SYMPOSIUM 182 COPS GRANT PART II 183 LITERACY INITIATIVES VI 184 LIBRARY COMPUTER CENTER 189 CIVIC CENTER REFURBISHING 190 30TH STREET CLEANUP FUND 191 GRANT -STOP PROJECT 194 LITERACY INITIATIVES VII 195 LANDSCAPE RESERVE 196 CAPITAL PROJECT RESERVE 197 PRODUCTIVITY IMPROVEMENT RESERVE 198 PROPERTY EVIDENCE SEIZURE 199 SOUTHBAY COMMUNITY SVCS GRANT 200 30TH STREET CLEANUP FUND-1304 301 C.D.B.G. 302 CDC PAYMENTS 307 PROPOSITION 'A' FUND - 308 HIGHWAY BRIDGE REHAB. FUND 312 STP LOCAL/TRANSNET HIGHWAY 313 GRANT-CMAQ 343 STATE -LOCAL PARTNERSHIP 347 PUBLIC RESOURCES ACCOUNT 552 TDA 626 FACILITIES MAINT FUND 627 LIABILITY INS. FUND 628 GENERAL SERVICES FUND 629 INFORMATION SYSTEMS MAINTENANCE 630 OFFICE EQUIPMENT DEPRECIATION 631 TELECOMMUNICATIONS REVOLVING 632 INFORMATION SERVICES 643 MOTOR VEHICLE SVC FUND 718 TRUST & AGENCY 721 LIBRARY TRUST FUND MARCH YTD.MAR 1,613,811.00 12, 765, 7 33.64 0.00 900,443 94 7,511.10 262,392.4-6 8,752.34 296,595.97 0.00 30,296.00 3,577.94 27,668.86 170,575.66 833,411.18 0.00 37,531.90 0.00 126,635.92 225.00 2,276.00 9,520.84 36,803.59 0.00 17,470.00 303,915.08 3,038.992.29 0.00 19,275.90 2,016.86 21,678.90 0.00 (36,652.84) 1,560.00 4,680.00 0.00 42,371.30 0.00 20,859.00 0.00 41,559.74 63,929.00 67,410.72 0.00 123,066.56 1,375.00 23,306.39 0.00 375.00 22,856.00 40,835.00 0.00 (140.30) 0.00 16,676.00 3,112.04 38,310.96 12,464.00 12.464.00 0.00 43,624.00 0.00 10,493.70 0.00 123.18 36.11 36.11 0.00 3,916.71 60,662.00 63,962.00 0.00 102.666.72 0.00 4,700.00 0.00 7,318.00 0.00 500.000.00 (769,551.07) 504.383.95 4,150.00 7,850.00 17,600.00 49.775.00 0.00 500.000.00 0.00 600,000.00 0.00 50.000.00 0.00 19,810.32 44,286.00 64,462.00 781,425.81 781,425.81 0.00 (342.240.19) 20,263.23 164,395.60 200,000.00 707,987.32 277,720.00 2,097,396.75 0.00 271.88 0.00 45,108.00 0.00 1,125.31 0.00 7,387.00 196,081.52 1,180.305.19 0.00 943.410.76 40,530.42 1,004, 727.14 0.00 134,902.28 0.00 50,000.00 0.00 400.000.00 0.00 50.000.00 0.00 276.655.82 0.00 1,392.199.96 7,168.17 79.326.37 0.00 149.20 TOTAL ALL FUNDS 3,105,574.05 30,319,983.97 MONTHLY STATEMENT OF DISBURSEMENTS FOR THE MONTH OF MARCH FUND FUND TITLE MARCH YTD.MAR 001 GENERAL FUND 102 TECHNOLOGY FUND 103 GENERAL CAPITAL OUTLAY FUND 104 LIBRARY FUND 105 PARKS MAINTENANCE FUND 106 CALIFORNIA LITERACY CAMPAIGN 107 RETIREMENT FUND 108 LIBRARY CAPITAL OUTLAY 109 GAS TAXES FUND 111 P.O.S.T. FUND 112 LOWER SWEETWATER FUND 115 PARK & REC CAPITAL OUTLAY FUND 123 FAMILIES FOR LITERACY FUND 125 SEWER SERVICE FUND 130 EMT-D REVOLVING FUND 131 ASSET FORFEITURE FUND 136 TINY TOT CLASSES FUND 137 NC JUVENILE OUT OF GANGS PROJ 147 JUDGE PROGRAM 153 COPS UNIVERSAL HIRING GRANT 154 STATE. PUBLIC LIBRARY FUND 157 SUPPL. LAW ENFORCEMENT (SLESF) 158 SWIMMING POOL REVOLVING FUND 159 GENERAL PLAN UPDATE RESERVE 167 NC SUPPRESSION OF DRUG ABUSE 169 LOCAL LAW ENFORCE BLOCK GRANT 171 LIBRARY SCHOOL DISTRICT CONTRACT 172 TRASH RATE STABILIZATION FUND 179 NPT BUS DONATIONS FUND 181 LSTA LIBRARY SYMPOSIUM 182 COPS GRANT PART II 183 LITERACY INITIATIVE VI 184 LIBRARY COMPUTER CENTER 188 GRANT-HIDTA 189 CIVIC CENTER REFURBISHING 190 30TH STREET CLEANUP FUND-1303 191 GRANT -STOP PROJECT 192 LEASE ESCROW FUND 194 LITERACY INITIATIVES VII 198 PROPERTY EVIDENCE SEIZURE 199 SOUTH BAY COMMUNITY SVCS GRANT 200 30TH STREET CLEANUP FUND-1304 301 C.D.B.G. 302 CDC PAYMENTS 307 PROPOSITION 'A' FUND 308 HIGHWAY BRIDGE REHAB. FUND 312 STP LOCAL/TRANSNET HIGHWAY 313 CMAQ GRANT 314 OTS GRANT 343 STATE -LOCAL PARTNERSHIP 347 PUBLIC RESOURCES ACCOUNT 552 TDA 626 FACILITIES MAINT FUND 627 LIABILITY INS. FUND 628 GENERAL SERVICES FUND 629 INFORMATION SYSTEMS MAINTENANCE 630 OFFICE EQUIPMENT DEPRECIATION 631 TELECOMMUNICATIONS REVOLVING 632 INFORMATION SERVICES 643 MOTOR VEHICLE SVC FUND 718 TRUST & AGENCY 721 LIBRARY TRUST FUND TOTAL ALL FUNDS 1, 688, 881.74 15 , 301, 946.22 164,142.28 772,304.04 2,955.14 38,755.58 59,084.72 536,101.84 53,068.40 486,894.53 1,468.49 8,564.85 (35,606.78) 3,782.20 0.00 48,296.36 66,067.39 599,465.74 2,043.59 43,202.93 19,641.61 95,397.19 0.00 9,958.26 2,545.37 7,864.68 40,110.10 2,776,769.94 0.00 1,531.52 0.00 3,199.43 205.72 2,173.72 0.00 50.52 6,040.16 31,838.49 6,143.12 52,237.84 9,782.72 36,388.07 1,179.12 22,160.02 0.00 20,327.39 0.00 2,022.31 10,008.54 68,377.60 0.00 20, 741.46 1,074.61 3,628.15 4,357.09 50,030.80 0.00 8,074.50 0.00 2,041.14 8,333.33 70,037.34 0.00 39,291.51 1,069.91 59,851.13 26.94 15,060.88 4,449.21 68,925.35 (41,180.00) 15,264.62 26,660.95 28,857.09 6,897.08 269,168.36 4,319.54 20,406.30 (781.08) (572.29) 20,176.00 41,035.00 46;945.58 46,945.58 57,076.61 530,980.08 52,306.59 295,458.84 10,042.74 365,573.19 164,494.39 1,871,236.92 9,897.00 ,117,053.50 0.00 -16,644.32 390.25 600.58 0.00 286,000.00 664.50 8,850.31 198, 626.56 1, 390, 992.30 117,493.56 1,003, 748.72 177,260.85 2,410,815.94 5,164.17 140, 617.31 171.32 3,402.63 2,726.24 2,799.48 354.57 1,689.43 44,662.90 303,761.46 61,508.41 818,397.59 9,089.66 109,894.91 84.31 3, 092, 040.91 31,407,000.01 City of National City Pooled Investment Transactions Report For the Month of March 1999 Ref. No. Amount Institution Date Description 47 2 (900,000.00) 1 Withdrawal LAIF 2 Withdrawal LAIF 29525 (300,000.00) 4 Withdrawal LAIF 32728 (200,000.00) 5 Withdrawal LAIF 30363 (100,000.00) 8 Withdrawal LAIF 23542 (450,000.00) 10 Withdrawal LAIF 27862 (200,000.00) 15 Withdrawal LAIF 17230 (500,000.00) 23 Withdrawal LAIF 2174 (400,000.00) 29 Deposit LAIF 19856 1,000,000.00 0399 Page 1 6/2/99 City of National City, California COUNCIL AGENDA STATEMENT MEETING DATE June 8, 1999 3 AGENDA ITEM NO 1. ITEM TITLE CLAIM FOR DAMAGES: Margaret Soto PREPARED BY Michael R. Dalla " DEPARTMENT City Clerk EXPLANATION. The claim of Margaret Soto arises from an occurrence on February 4, 1999 and was filed with the City Clerk's Office on May 10, 1999 Environmental Review Financial Statement N/A XX N/A Account No STAFF RECOMMENDATION Deny the claim, and refer to the City Attorney. BOARD/COMMISSION RECOMMENDATION N/A ATTACHMENTS (Listed Below) Copy of Claim for Damages Resolution No A-200 (Re.,. 4/80) City of National City, California COUNCIL AGENDA STATEMENT MEETING DATE June 8, 1999 r ITEM TITLE AGENDA ITEM NO 4 CLAIM FOR DAMAGES: Vivian Orona PREPARED BY Michael R. Danan DEPARTMENT City Clerk EXPLANATION, The claim of Vivian Orona arises from an occurrence on April 10, 1999 and was filed with the City Clerk's Office on May 7, 1999 Environmental ReviewXX N/A Financial Statement N/A Account No. STAFF RECOMMENDATION Deny the claim, and refer to the City Attorney. BOARD/COMMISSION RECOMMENDATION N/A ATTACHMENTS (Listed Below) Resolution No Copy of Claim for Damages A-200 (Rev 0/801 City of National City, California COUNCIL AGENDA STATEMENT MEETING DATE June i3 , 1999 AGENDA ITEM NO. - .ITEM TITLE REQUEST FOR CITY COUNCIL DIRECTION REGARDING A REQUEST B� "CHRISTMAS IN JULY" TO MODIFY THE LEASE FOR 2101 HOOVER AVENUE STEPHEN KIRKPATRICK ENGINEERING PREPARED BY DEPARTMENT EXPLANATION Christmas in July has submitted the attached letter requesting that their current lease for the property at 2101 Hoover Avenue be modified. The reason being they want to construct a building on the property. They propose three options: 1. Provide a 10 year lease, with two five-year extensions, at the current yearly rate. ($1.00) 2. Donate the property to Christmas in July. 3. Sell the property to Christmas in July for an amount not to exceed $20,000. Christmas in July believe that any of these options would provide them with enough security in the land to justify the construction of a building. To sell the land the procedures are outlined in the City Council Policy 901, "Sale of Surplus Real Property" and the City Attorney memo, "Procedures for Disposition of City Property". Environmental Review Financial Statement X N/A N/A Account No. STAFF RECOMMENDATIO / That the City Coun it provi d re ti�ion to Staff regarding the request. BOAR JROMMISSION RECOMMENDATION ATTACHMENTS ( Listed Below ) 1. Christmas in July letter dated May 5, 1999 2. City Council Policy 901 3. City Attorney memo dated January 22, 1999. Resolution No. )5,2021Rii I .\sicra,a4 J4-4 CITY An affiliate of Christmas in April U.S.A. Mayor George Waters Members of the City Council 1243 National City Blvd. National City, CA 91950 Ref: Request for Surplus Property Dear Mayor Waters and City Council: May 5, 1999 Christmas in April * National City (aka) Christmas in July (CD) is a 501(c)(3) public benefit corporation that is also a local Community Housing Development Organization (CHDO). Since 1991, when the program started as a Chamber of Commerce Committee, the15 member Board of Directors has always enjoyed a solid mix of community leaders and low-income National City homeowners. Our mission is to provide home -owner housing assistance for very low-income, elderly, and handicapped families throughout the community. At this time we have rehabilitated over 120 homes and constructed 5 new homes in our effort to keep National City families living independently in safe and secure properties. Again this year we are selecting 10 to 15 homes upon which to concentrate our volunteer efforts. At a recent Board Retreat we reaffirmed our long-term goal of rebuilding National City homes "one house at a time". We accomplish the annual work program by enlisting the various local service clubs, businesses and the men and women of the United States Navy in physically and financially helping one another. We now find it timely to make a small but important step in expanding our program. The City has, since 1992, provided Christmas in July with a one dollar per year ground lease for the property at 2101 Hoover Ave. With the security of that lease, we purchased the former National City Credit Union Building which is attached to the site and use two steel containers to store materials. -The Board now wishes to expand the program by constructing a building on the site, which will provide space for storage, administration, construction, and skill training. However, there is reluctance to construct without greater security of the land. CIJ would therefore like to propose that the City agree to one of the following changes: 711 'A' Avenue, National City, CA 91950-0276, (619) 477-9339 • Provide a ten-year lease with two additional five-year lease extensions at the present lease rate. • Donate the property to CU for its continued use of providing the City with housing assistance to low-income owner -occupants. With this option a Grant Deed reverter clause could be included. The reverter would put the property and improvements back into the ownership of the City if the property were no longer used for its intended purposes. • Sell the property to CU for a price not to exceed S20,000. The second piece of property we would like to secure has been an expense and liability to the City for many years. It is located at 1915 Palm Ave. and reachable via a 10 foot wide easement extending approximately 100 feet east from Palm Ave. The drive is just north of a smaII house located at 1917 Palm Ave. The City owns the property because of a purchase it made in 1957 from the estate of Frank R. Holzmann. The property extends across the Las Palmas Golf Course to the Las Palmas Elementary School property. The • majority of the land is for the use of the golf course; and the remainder is of no significant value to the City. The old abandoned 500 square -foot house has been boarded up due to complaints by the neighbors. The Public Works Department has scraped and maintained the sloping yard for many years. In 1996 Christmas in July expressed an interest in the property and was granted City permission to have volunteers erect aluminum fence poles around the yard down to the golf course fence. Activity stopped at that time because of the need to secure a legal description of the surplus land. Please be advised that a survey has not been completed in proper form to support the severance of the surplus property from the golf course use. - It is requested that the City donate this property to CU in its "as is" condition after completing its annual vegetation scraping. CU will than take over responsibility and insurance of the property. _ We appreciate the alliance that has been forged between the City and CU over the last nine years. Together we can continue to make home ownership a reality for National City families and extend the time our elderly and handicapped families are able to enjoy Their homes. rather than being required to accept alternate forms of living accommodations. Sinc9rely, _ e-(./ /67 Dave Nagv. President j Christmas in July CC: Tom McCabe City Manager CITY COUNCIL POLICY . TITLE: SALE OF SURPLUS REAL PROPERTY POLICY NUMBE.Rr9oi ADOPTED: JUNE 19, 1984 REVISED: August 14, 1990 AMENDED OR To establish a policy and procedure for the sale of surplus property and use of the Larreci fran that Ga1P. Policy The following steps are to be followed to Sa1P City -owned pieces of property: 1. Obtain other City Departments' comments for the sale of the property. 2. Secure preliminary title reports for the property. 3. Prepare plats and legal descriptions for the property. 4. Request the City Council (Real Estate Committee) to declare the property surplus and direct the staff to sell it. - 5. If applicable, send a written offer to sell or lease the property to the other government agencies (Government Code Section 54222). 6. Order a letter of apprais1 appriear. for the property fran a licensed 7. Order CLTA title insurance policy for the property to be sold.. 8. Prepare the advertising and bid packages for the marketable properties, and request the City Council's approval to proceed with the advertisement of the marketahle properties. 9. Advertise the sale of marketable properties. 10. Prepare a final report to the City Council providing information on the results of the bid opening or the negotiations. 11. Obtain approval fran the City Council to enter into an escrow to c.to11 the property. Unless otherwise so-ified in the offer, or in the bid package, the City will open a normal escrow where the City will pay for the cost of the title insurance, and one-half of the escrow fee. The proceeds from the sale will be spent on beautification or improvement projects throughout the City. Related Potici References None City of National City City of National City Office of the City Attorney 1243 National City Boulevard, National City, CA 91950 George H. Eiser, Ill . City Attorney (619) 336-4220 FAX (619) 336-4327 TDO (619) 336-1615 TO: Assistant CDC Director David Sheldon FROM: City Attorney SUBJECT: Procedures for Disposition of City Property DATE: January 22, 1999 INTRODUCTION The purpose of this memorandum is to outline the procures far disposition of real property by the City. The procedures that are discussed are different from those required when the CDC disposes of real property. The procedures for cities are for the most part set forth in the Government Code; those for redevelopment agencies are found in the Health and Safety Code. At the present time, the CDC stag has been charged with handling the sale of parcels of surplus City property lcr in the 200 block of South Clairmont Avenue. G"r�`TER kL PRO=URES A c:a may purchase, 1r;� receive, hold and enjoy real and personal property ec e-tthlly in any way it chooses, provided its control and disposition is for the common bP1P=+t (Goverment Code § 37350). The city's planning agency must prepare a report that indicates disposition of the property conforms with the general plan. (§ 65402). Property which was de icater pursuant to the Subdivision Map Act after January I, 1990 must be conveyed back to the ortina1 subdivider if not use for the purpose orig*nnily dedicated. (§ 66477..5). When a city council rinds the public interest and convenience require the sale of residential real propert-y for less than Fair market value, it may pass an ordinance providing for such sale. The orrtinarce shall set forth the procedure to be followed in completing such sales, including the qualifications required of a purchav-- of such- property, and tra11 contain provisions rewiring that the purchaser reside in the property, for a specified length of time and must rehabilimare the property as specified in the ordinance. Only persons of low Or Moderate income may purchase such property. (§§ 37362, 37363). When a city council determines that real property owned or to be purchased by the city can be used :o provide housing for persons of low or moderate income, and that this use is in the site's best interests, the city may dispose of the property at less then fair market value, or purchase real property, to provide affordable housing under terms and conditions best suited to provide such : Paper ousi.r.g. Not less than 80 percent of the area of any real property disposed of must be devoted to .eveiopment of housing. (5 37364) OPTIONAL PROCEDURES ;.e Government Code provides an opdonal procedure for disposicon of property in addition to those _sc-.:ssed above. city council may find that the public interest and convenience require the sale of real property, and ;opt a resolution of intent to set (Government Code § 37421). Tne resolution must set a time for Public hearing (5 37422), and notice of the hearing must be published (5 37423). Any person may :ctest the proposed sale. (5 37424). If no protests are received or the city council overrides any :ores: by a 4/5 vote, the sale may proceed. (5 3742_5). If 4/5 of the city council do not vote to ,mpiere the sale, no further steps to sell the property may occur for six months, unless approved at election by a majority vote. (55 37426 - 37423). ADDITIONAL REOTJIREMEN'IS a or before December 31 of each year, each city shall make an inventory of all lands held, owned corm -oiled by it or any of its departments, agencies or authorities to deter -ire. what land is in cess of its foreseeable nee ts. A des ption of each parcel found to be so in excess of needs ahati made a matter of public record. Any citizen, 1im=ted dividend corporation, housing corporation uoa-_ ruuit coroor-ation, ¢hail upon guest be provided with a list of said parcels without charge :over. rr.Aent Code 5 50569). city :nay lease, sell or Gant or other.-ise transfer any real. property held or controlled by it and d to be in excess of foreseeable needs to any housing corpordon, limited dividend corporation nonprofit corporacon, upon such terzis and condir:cns as the city may deem to. be best suited to development of the parcel for housing available to persons and families of low or moderate :cane art affordable housing cost. The deed or other inswument of conveyance eh-1T provide that .enever the ownership of the land or the corporation is no longer composer of a majority of the .prof.: or limite dividend sponsors, title to the land shall revert to the city. (5 50570). ver--ent Code 5 54222 requires that prior to disposing of any surplus land, a city shall send a :ten over to sell or lease the Iand as follows: (a) A written offer to sell or lease for the purpose of developing low- and moderate - :income housing shall be sent to any local public emir, which may engage in or assist in the development or ope.sdon of such housing within whose jurisdic::en the surplus land is located. Housing sponsors (meaning an individual or entity which may own, construct or rehabilitate a housing development) shall, upon written request, be sent a written offer to sell or'Pr cf- surplus Iand for the purpose of developing low- and moderate -income housing. (b) A wrtten offer to sell or 1=se for park and recreational purposes or open -space purposes shall be se .t: 2 (1) To any park or recreation department of any city within which the land may be situated. (2) To any park or recreation department of the county within which the land may be situated. (3) To any regional park authority having jurisdiction within the area in which the land is situated. (4) To the State Resources Agency or any agency which may succeed to its powers. (c) A written offer to sell or lease land suitable for school facilities construction or use by a school district for open -space purposes shall be sent to any school district in whose jurisdiction the land is located. (d) A written offer to sell or lease far ente-prise zone purposes any surplus property in an area designated as an "enterprise zone" be sent to the nonprofit neighborhood enterprise association corporation in that zone. (e) A written. offer to sell or lease any surplus property in a desim+nt-i progam area, as defined in subdivision (i) of Government Code § 7082, cha ii be sent to the program area agent. (f) The entity or association desiring to purchase or 1e: se the surplus land for low- and moderate -income housing purposes, or for park or re ,...don purposes, or for open -space purposes, or for public school purposes, or for enterprise zone purposes, ghat1 notify in writing the city of its intent to purchase or lease the land within 60 days after receipt of the agency's notification of intent to sell the land. § 54223 provides that if an entity has received notice and dP,T:-es to buy the land, the disposing city and the entity may enter into good faith negotiations to deter fie a if-1 price or lease terms. If the price or terms c nnot be reached after 60 days, the land may be disposed of as the city sees fit. § 542.27 establishes priorities for the sale or lease of land when more than one entity is interested in purchase or leasing Pursuant to § 54220.5, the failure of a city to comply with § 54222 does not invalidate a sale to purc.'r , s r for value. DISPOSITION OF FARIC.A.ND Alte_nadve requirements may apply to disposition of land that is dedicated and/or used far park purposes. _ Pursuant to Government Code § 37111, a city council may, by a 4/5 vote, provide for constriction of a civic center or other public buildings on land purchased for park purposes. Under § 37111.1, park land may be devoted to any other municipal purpose after a noticed public hmring and a 4/5 vote by the city council, provided that an equal or meter amount of -lard has been acquired for park purposes within the last three years, and the proposed use of the park land conforms to the general plan. Government Code §§ 3 - 38462 establish a procedure for a city to discontinue the use as a park and dispose of land which it owns and is dedicated or piac d in use for park. purposes. These statutes require the city council to hold a public herring on the proposed sale, at which time written protests submitted before the henning shall be considered. The city council may ove.:ale the protests 3 )v a 213 vote, and call a special election on the question of discontinuance and abandonment of the Dark. If a majority of the votes are in favor of it, the city council shall adopt an ordinance providing that the use of the land for park purposes is discontinued and abandoned. Tne city may then dispose -)f the property as it may dispose of other cry property no longer required for municipal purposes. There is an exception to the above procedure where a minor pordon of a park is exchanged for :ondguous privately owned land of equal or greater value or area; in such cases, no special elerdon s required. 7ove_:ment Code §a 38501 - 38510 provide that the city council may abandon and sell all or any -orlon of a park without a special eiertion if it finds that all or any portion of the purported park has rot beer, tiv-i by the public for park purposes, that no consideration has been paid for the land xceot by the city, and that no public funds have been expended to improve the land as a park, in idler of the following situations: (a) When any land with the city limits has been dedirIte-i for park purposes by the recording of a piat or map in the office of the county recorder, or otherwise. (b) When any such land has been purchased for park purposes and the legislative body finds that ail or any portion of the land is not appropriar-, convenient, or necessary for park puroses. :owe -per, even under these c rc nastances, a spe al el=don must be held prior to abandonment of trk land if such land has been purchased from the proceeds of a bond sale. ove=nenr Code §§ 25550.5 and 25550.6 provide that whenever a county -own e;l park is inclu•E-i ithin a city by annexation, the park land remains under the ownership and control of the county, Jess the beard of superrisors finds by unanimous vote that the park is local in character, in which ;e it may convey the park land to the city in which it is located. Such conveyance Thin be without nsidemfion, other than the ay rnent of the city to maintain the land as a public park. § 25550.7 quires that the use of such land for park purposes may not be discontinued by the city without _er ye nt by the county, and agree:.,ent by the dry to develop and mainrin for park purposes other uivaient land. .blic Resources Code § 5400 - 5409 prohibit acquisidon of park land by one public entity from other public entity for non -park purposes, unless the acquiring entity pays or transfers to the entity eradng the park sufficient money and/or land to enable the operating entity to replace the park. ;wever, failure to comply with these requirements will not affect the validity of an acquisition of :d by a public erdry. -g-o 4 f/ J , .,.ate,• _ GEORGE E. EISER, III Cry Attorney City of National City, California COUNCIL AGENDA STATEMENT June 8 , 1999 MEETING DATE 6 AGENDA ITEM NO. ± UST b'OK Ul'l Y COUNCIL DIRECTION REGARDING A REQUEST B /ITS uyS IN JULY" TO HAVE THE PROPERTY AT 1915 PALM AVENUE DONATED TO THEM STEPHEN KIRKPATRICK ENGINEERING PREPARED BY DEPARTMENT EXPLAAT.ION Uftristmas in July has requested that National City donate the city - owned property at 1915 Palm Avenue to them. This request is on page two of the attached letter. A portion of this land is used by the City's Golf Course. In order to donate some of the land to Christmas in July it must be divided. This will require a lot split. This land is currently not on the City's list of surplus land. To donate the land we suggest following a procedure similar to Council Policy 901, "Sale of Surplus Property" and the City Attorney's memo, "Procedures for Disposition of City Property". Environmental Review Financial Statement Account No. n to Staff regarding the request. BOARDdICOMMISSION RECOMMENDATION ATTACHMENTS ( Listed Below ) Resolution No. 1. Christmas in July letter dated May 5, 1999. 2. City Council Policy 901 3. City Attorney memo dated January 22, 1999. A-2oOYa4e1D5p j��,Tic,s ,, L CITY An affiliate of Christmas in April * U.S.A. Mayor George Waters Members of the City Council 1243 National City Blvd. National City, CA 91950 Ref: Request for Surplus Property Dear Mayor Waters and City Council: May 5, 1999 Christmas in April * National City (aka) Christmas in July (CU) is a 501(c)(3) public benefit corporation that is also a local Community Housing Development Organization (CHDO). Since 1991, when the program started as a Chamber of Commerce Committee, thel5 member Board of Directors has always enjoyed a solid mix of community leaders and low-income National City homeowners. Our mission is to provide home -owner housing assistance for very low-income, elderly, and handicapped families throughout the community. At this time we have rehabilitated over 120 homes and constructed 5 new homes in our effort to keep National City families living independently in safe and secure prupertiez. Again this year we are selecting 10 to 15 homes upon which to concentrate our volunteer efforts. At a recent Board Retreat we reaffirmed our long-term goal of rebuilding National City homes "one house at a time". We accomplish the annual work program by enlisting the various local service clubs, businesses and the men and women of the United States Navy in physically and financially helping one another. We now find -it timely to make a small but important step in expanding our program. The City has, since 1992, provided Christmas in July with a one dollar per year ground lease for the property at 2101 Hoover Ave. With the security of that lease, we purchased the former National City Credit Union Building which is attached to the site and use two steel containers to store materials._The Board now wishes to expand the program by constructing a building on the site, which will provide space for storage, administration, construction, and skill training. However, there is reluctance to construct without greater security of the land. CIJ would therefore like to propose that the City agree to one of the following changes: 711 "A' Avenue, National City, CA 91950-0276, (619) 477-9339 • Provide a ten-year lease with two additional five-year lease extensions at the present lease rate. • Donate the property to CU for its continued use of providing the City with housing assistance to low-income owner -occupants. With this option a Grant Deed reverter clause could be included. The reverter would put the property and improvements back into the ownership of the City if the property were no longer used for its intended purposes. ♦ Sell the property to CU for a price not to exceed S20,000. - The second piece of property we would like to secure has been an expense and liability to the City for many years. It is located at 1915 Palm Ave. and reachable via a 10 foot wide easement extending approximately 100 feet east from Palm Ave. The drive is just north of a small house located at 1917 Palm Ave. The City owns the property because of a purchase it made in 1957 from the estate of Frank R. Holzmann. The property extends across the Las Palmas Golf Course to the Las Palmas Elementary School property. The majority of the land is for the use of the golf course; and the remainder is of no significant value to the City. The old abandoned 500 square -foot house has been boarded up due to complaints by the neighbors. The Public Works Department has scraped and maintained the sloping yard for many years. In 1996 Christmas in July expressed an interest in the property and was granted City permission to have volunteers erect aluminum fence poles around the yard down to the golf course fence. Activity stopped at that time because of the need to secure a legal description of the surplus land. Please be advised that a survey has not been completed in proper form to support the severance of the surplus property from the golf course use. - It is requested that the City donate this property to CU in its "as is" condition after completing its annual vegetation scraping. CU will than take over responsibility and insurance of the property. - We appreciate the alliance that has been forged between the City and CU over the last nine years. Together we can continue to make home ownership a reality for National City families and extend the time mil' elderly and handicapped families are able to enjoy their homes, rather than being required to accept alternate forms of living accommodations. Dave Nagy, President Christmas in July CC: Tom McCabe City Manager CITY COUNCIL POLICY . TITLE: SALE OF SURPLUS REAL PROPERTY ADOPTED: JUNE 19, 1984 POLICY NUMBER:9oi AMENDED OR REVISED: August 14, 1990 Purorgs To establish a policy and procedure for the sale of surplus property and use of the proceeds from that aala Policy The following steps are to be follomed to .ala City -owned pieces of property: 1. Obtain other City Departments' comments for the sale of the property. 2. Secure preliminary mi nary title reports for the property. 3. Prepare plats and legal descriptions for the property. 4. Request the City Council (Real Estate Committee) to ri,-rlare the property surplus and direct the staff to sell it. 5. If applicable, send a written offer to call or lease the property to the other government agencies (Government Code Section 54222) . 6. Order a letter of appraisal for the property from a licensed appraiser. 7. Order CLTA title insurance policy for the property to be sold._ 8. Prepare the advertising and bides ages for the marketable properties, and request the City Council's approval to proceed with the advertise nt of the marketable properties. 9. Advertise the sale of marketable properties. 10. Prepare a final report to the City Council providing information GY1 the results of the bidopening-or the negotiations. 11 Obtain approval from the City -Council to enter into an escrow to c-all the property. Unless otherwise soified in the offer, or in the bid package, the City will open a normal escrow where the City will pay for the_cost of the title insurance, and one-half of the escrow fee. The proceeds from the a 1 A will be spent on beautification or improvement projects throughout the City. Related Policy Reference None City of National City City of National City Office of the City Attorney 1243 National City Boulevard, National City, CA 91950 George H. Eiser, III . City Attorney (619) 336-4220 FAX (619) 336-4327 TDD (619) 336-1615 TO: Assistant CDC Director David Sheldon FROM: City Attorney SUBJECT: Procedures for Disposition of City Property DATE: January 22, 1999 INTRODUCTION The purpose of this memorandum is to outline the procedures for disposition of real prone-ry by the City. The procedures that are discussed are different from those required when the CDC disposes of rani property. The procedures for cities are for the most part set forth in the Government Code; those for redevelopment agencies are found in the Health and Safety Code. At the present time, the CDC staff has been charged with handling the sale of parcels of surplus City property located in the 200 block of South Clairmont Avenue. GENERAL PROC URES A city may purchase, lease, receive, hold and enjoy real and personal property PccP.tially in any way it chooses, provided its control and disposition is for the common benefit. (Government Code § 37350). The city's planning agency must prepare a report that indicates disposition of the property conforms with the general plan. (§ 65402). Property which was dedicated pursuant to the Subdivision Map Act after January 1, 1990 must be conveyed back to the ori*nai subdivider if not used for the purpose oripinarly dedicated. (§ 6647 .5). J When a city council finds the public interest and convenience require the sale of residential real property for less than fair market value, it may pass an ordinanc- providing for such sale. The ordinance shall set forth the procedure to be followed in completing such sales, including the ',aiircations required of a purchaser of such_ property, and char] contain provisions requiring that the purchaser reside in the property for a specified length of time and must rehabiiitite the property as specified in the ordinance. Only persons of low or moderate income may purc ase such property. (es 37362, 37363). when a city council determines that real property owned _or to be purchased by the city can be used :o provide housing for persons of low- or moderate income, and that this use is in the city's best terests, the city may dispose of the property at less then fair market value, or purchase real .rope try, to provide affordable housing under terms and conditions best suited to provide such Paper :ousing. Not Iess than 80 percent of the area of any real property disposed of must be devoted to eve!oprnent of housing. (s 37364) OPTIONAL PROCEDURES he Government Code provides an optional procedure for disposition of property in addition to those _scussed above. city council may find that the public inre-eS2 and convenience require the -sale of real property, and iopt a resolution of intent to sell. (Government Code § 37421). The resolution must set a time for public hearing (§ 37422), and notice of the hearing must be published (§ 37423). Any person may :otest the proposed sale. (s 37424). If no protests are received or the dry council overrides any :otest by a 4/5 vote, the sale may proceed. (§ 37425). If 4/5 of the dry council do not vote to )mpiere the sale, no further steps to sell the property may occur for six months, unless approved at Vie✓'ia1 election by a majority vote. (§0 37426 - 37423). ADDITIONAL REOTTIRNTS a or before December 31 of each year, each cry trail matte an inventory of all lands held, owned • conzioiled by it or any of its departments, ageaces or authorities to determine what land is in :less of its foreseeable needs. A description of each parcel found to be so in =;.ess of needs ¢ha11 made a master of public record. Any ctizen., limited dividend cororation, housing corporation non -groat cororarion, shall upon ecuest be provided with a list of said parcels without charge. ove_rrr ent Code § 50569). ci: y may lease, sell, or C tit or otherwise transfer any real prope -i held or ccntolled by it and .liod to be in excess of foreseeable needs to any housing corporation I].nllted dividend corporation nonprofit coror don, upon such. terms and conditions as the cry may deem to be best suited to development of the parcel for housing available to persons and families of low or moderate tome at affordable housing cost. The deed or other instrsmeat of conveyance t1a11 provide that :enever the ownership of the land or the corporation. is no longer composed of a majority of the :profit or limited dividend sponsors, title to the land shall revert to the cry. (§ 50570). :ve mnent Code § 54^222 requires that prior to disposing of any surplus -laud, a city shall send a _then offer to sell or lease the land as follows: (a) A 'written offer- to sell or lease for the purpose of developing low- and moderate- income housing shall be sent to any local public endry which may engage in or assist in the development or operation of such housing within whose jurisdiction the surplus land is located. Housing sponsors (meaning an individual or entity which may own, construct or rehabilitate a housing development) shall, upon written request, be sent a warren offer to sell or le-le-Te surplus land for the purpose of developing low- and moderate -income housing. (b) A writ:: offer to sell or lease for park and rem, :bona. pusses or open -space purposes shall be sent: 2 (1) To any park or recreation department of any city within which the land may be situated. (2) To any park or recreation department of the county within which the land may be situated. (3) To any regional park authority having jurisdiction within the area in which the land is situated. (4) To the State Resources Agency or any agency which may succeed to its powers. (c) A written offer to sell or lease land suitable for school facdides construction or use by a school district for open -space purposes shall be sent to any school district in whose jurisdiction the land is located. (d) A written offer to sell or lease for enterprise zone purposes any surplus property in an area designated as an 'enterprise zone" shall be sent to the nonprofit neizhbonccod enterprise association corporation in that zone. (e) A written offer to sell or lease any surplus property in a designated prog,,zam area, as defined in subdivision (i) of Goverment Code § 7082, ahai7 be sent to the program area agent. (f) The entity or association desiring to purchase or lease the surplus land for low- and moderate -income housing purposes, or for park or re: -ee ion purposes, or for open -space purposes, or for public school purposes, or for enterprise zone purposes, chail notify in writing the city of its intent to purchase or lease the land within 60 days after receipt of the agency's notification of intent to sell the land. § 54223 provides that if an entity has received notice and dP-:res to buy the tared, the disposing city and the entity may enter into good faith negotiations to dete---..ine a sales price or lease terms. If the pcce or terms cannot be reached after 60 days, the land may be disposed of as the city secs fit. § 54227 esmblishes priorities for the sale or lease of land when more than one entity is interest in purchase or leasing Pursuant to § 54230.5, the failure of a ±v to comply with § 54222 does not invalidate a sale to purchaser for value. DISPOSITION OF PARK. aND Alternative requirements may apply to disposition of land that is dedicated and/or used for park purposes. Pursuant to Government Code § 37111, a city council may, by a 4/5 vote, provide for consamc 4,ion of a civic center or other public buildings on land purchased for park purposes. Under § 37111.1, park land may be devoted to any other municipal purpose after a noticed public hearing and a 4/5 vote by the dry council, provided that an equal or greaser amount of land has been acquired for park purposes within the last three years, and the proposed use of the park land conforms to the general plan. - Gove:---ent Code ee 3 ' ' - 38462 establish a procedure for a cry to discontinue the use as a park and dispose of land which it owns and is dedicated or piad--in use for park. purposes. These statutes require the city council to hold a public herring on the proposed sale, at which dine written protests submitted before the herring shall be considered. The city council may ove.^ale the protests 3 a 2/3 vote, and call a spe:-iai election on the question of discontinuance and abandonment of the •ark. If a majority of the votes are in favor of it, the city council shall adopt an ordinance providing at the use of the land for park purposes is discontinued and abandoned. The city may then dispose f the property as it may dispose of other city property no longer required for municipal purposes. ere is an exception to the above procedure where a minor portion of a park is exchanged for ontiguous privately owned Iand of equal or greater value or area; in such cases, no special election recuired. over..rne nt Code §a 385.01 - 38510 provide that the city council may abandon and sell all. or any ort .on of a park without a special election if it rinds that all or any portion of the purported park has 7t by the public for park purposes, that no consideration has been paid for the land .cent by the city, and that no public funds have been expended to improve the land as a park, in ther of the following nl rinns: (a) W ken any land with the city limits has been dedicated for park purposes by the recording of a plat or man in the office of the county recorder, or otherwise. (b) When any such land has been purchased for park purposes and the legislative body finds that ail or any portion of the land is not appropriate, convenient, or nesary for park puroses. :wever, even under circumstances, a sp ai election must be held prior to abandonment of rk land if such land has been purchased from the proceeds of a bond sale. ;ve_:.-^ent Code §§ 25550.5 and 25550.6 provide that whenever a county -owned park is inci'i - *`=-u a city by annexation, the park land remains under the ownership and c, nci of the county, _Less the board of sure:-riscrs finds by unanimous vote that the park is local in character, in which e it may convey the park land to the city in which it is located. Such conveyance rib 11 be without :.side ation, other than the agreement of the cit y to main the land as a public park. § 25550.7 _uires that the use of such land for park purposes may not be discontinued by the city without tee tent by the county, and agree: rent by the city to develop and maintain for park purposes other hvalent land. olio Resources Code § 5400 - 5409 prohibit acquisition of park land by one public entity from :ther public entity for non _park purposes, unless the acquiring entity pays or transfers to the entity =rating the park sufficient money and/or land to enable the ope^ring entity to replace the park. wever, failure to con-tpiy with these requirements will not affect the validity of an acquisition of by a public emit . GEORGE H. EISER, III City Attorney 4 EXHIBIT "A" - PLAT FOR PROPOSED PARCEL CREATION IN NATIONAL CITY, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA OR. OF SWQ LOT I NTH ST. 40 W 200 30e 285 �-- FirucE Pant", for 380 SYB. P2 •70.52 tACrgosrng ti QY AOPResS 141c PALA /WC 35 760-I06-34 POR Cwuro &`t Ctr( 235-86 -03 39.69 AC 'mot I EYRb sc.A h 5E 1-( 1 l 3A PALm Aq6 NOT Ci.cet B`( r v 1.71: 00 01e 400•5.221, %SLAP a ••+ •� If739•.So^E (.tes.i992) + .S•T..•WIQ.•1 . ,M • • POR. * r 80 AC LOT I M • t. 6` AN QSEC. 128 o (TY OcJLIf L 1* CTr`F R Ltc tm* tooks iks dittG Getew A . Ca42 a 0 LAS PALMAS ELEMENTARY SCHOOL 50 7.86AC SW. COR. OF SEQ OF WI/2 80 AC LOT I. .v. 7a�St E P.lo5.23os) sot s.70•o0•r.-w. <Od) faro POR. 80 AC LOT 2 J4%.�� C0 a if .t7 • •l AN NI ti N 0 I' N N N t ta M 0. .urti�,h �.s•a r�; 0 U) CC