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11 November 12, 2014 Commission• • • TIME/DATE: LOCATION: Rivnde County Transportation Commission MEETING AGENDA 9:30 a.m. /Wednesday, November 12, 2014 BOARDROOM County of Riverside Administrative Center 4080 Lemon Street, First Floor, Riverside &-COMMISSIONERS ._,. Chair -Marion Ashley Vice Chair-Daryl Busch Second Vice Chair -Scott Matas Kevin Jeffries, County of Riverside John F. Tavaglione, County of Riverside Jeff Stone, County of Riverside John J. Benoit, County of Riverside Marion Ashley, County of Riverside Deborah Franklin/ Art Welch, City of Banning Roger Berg I Jeff Fox, City of Beaumont Joseph DeConinck I To Be Appointed, City of Blythe Ella Zanowic I Jeff Hewitt, City of Calimesa Mary Craton/ Randy Bonner, City of Canyon Lake Greg Pettis I Kathleen De Rosa, City of Cathedral City Steven Hernandez/ Eduardo Garcia, City of Coachella Karen Spiegel/ Eugene Montanez, City of Corona Scott Matas I Russell Betts, City of Desert Hot Springs Adam Rush I Ike Bootsma, City of Eastvale Larry Smith/ Robert Youssef, City of Hemet Mary T. Roche/ Ted Mertens, City of Indian Wells Glenn Miller/ Michael Wilson, City of Indio Frank Johnston/ Micheal Goodland, City of Jurupa Valley Terry Henderson/ Don Adolph, City of La Quinta Bob Magee/ Natasha Johnson, City of Lake Elsinore Scott Mann/ Wallace Edgerton, City of Menifee Jesse Molina/ George E. Price, City of Moreno Valley Rick Gibbs I To Be Appointed, City of Murrieta Berwin Hanna/ Kathy Azevedo, City of Norco Jan Harnik I Susan Marie Weber, City of Palm Desert Ginny Foat/ Paul Lewin, City of Palm Springs Daryl Busch I Al Landers, City of Perris Ted Weill I To Be Appointed, City of Rancho Mirage Steve Adams/ Andy Melendrez, City of Riverside Andrew Kotyuk /Scott Miller, City of San Jacinto Ron Roberts/ Jeff Comerchero, City of Temecula Ben Benoit/ Timothy Walker, City of Wildomar Basern Muallem, Governor's Appointee RECORDS Comments are welcomed by the Commission. If you wish to provide comments to the Commission, please complete and submit a Speaker Card to the Clerk of the Board. COMM-COMM-00041 Riverside County Transportation Commission TO: FROM: DATE: SUBJECT: Riverside County Transportation Commission Jennifer Harmon, Office and Board Services Manager November 5, 2014 Possible Conflicts of Interest -Riverside County Transportation Commission Agenda of November 12, 2014 The November 12, 2014 agenda of the Riverside County Transportation Commission includes items that may raise possible conflicts of interest. A Commissioner may not participate in any discussion or action concerning a contract or amendment if a campaign contribution of more than $250 is received in the past 12 months or 3 months following the conclusion from any entity or individual listed. Agenda Item No. 14 -Closed Session -Conference with Real Property Negotiators -Pursuant to Government Code Section 54956.8 Owner(s): • • • • • • • Property Purchaser(s) • • AT&SF Ad/am Green River Properties State of California -Chino Hills State Park United States of America -Prado Dam 71 91 LLC -Sean McCoy and Myron Sukut, Principals Kroll/Day AHD, LP, Ed Haddad, Principal Coussoulis Development Company, Nicholas Coussoulis, Principal Tara Byerly From: Tara Byerly Sent: To: Thursday, November 06, 2014 3:07 PM Tara Byerly Cc: Jennifer Harmon Subject: RCTC: November Commission Agenda -11.12.2014 Importance: High Good afternoon Commissioners: The November Commission Agenda for the meeting scheduled for Wednesday, November 12, 2014@ 9:30 a.m. is available. Please copy the link: http://www.rctc.org/uploads/media items/november-12-2014.original.pdf Please let me know if you have any questions. Thank you. Respectively, Tara S. Byerly Senior Administrative Assistant RCTC 4080 Lemon Street, 3rd Floor Riverside, CA 92501 (951) 787-7141 1 Tara Byerly From: Tara Byerly Sent: To: Thursday, November 06, 2014 3:16 PM Tara Byerly November Commission Conflict of Interest Information Subject: Importance: High Good afternoon Commissioners, For your review is the attached conflict of interest memo and the form related to the Closed Session for the November Commission Meeting scheduled on Wednesday, November 12, 2014. Please let me know if you have any questions. Thank you. Conflict of Interest Memo.pdf Conflict of Interest Form.pdf Respectfu I ly, Tara S. Byerly Senior Administrative Assistant RCTC 4080 Lemon Street, 3rd Floor Riverside, CA 92501 (951) 787-7141 1 • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION www.rctc.org AGENDA* *Actions may be taken on any item listed on the agenda 9:30a.m. Wednesday, November 12, 2014 BOARDROOM County of Riverside Administrative Center 4080 Lemon Street, First Floor, Riverside, CA In compliance with the Brown Act and Government Code Section 54957.5, agenda materials distributed 72 hours prior to the meeting, which are public records relating to open session agenda items, will be available for inspection by members of the public prior to the meeting at the Commission office, 4080 lemon Street, Third Floor, Riverside, CA, and on the Commission's website, www.rctc.org. In compliance with the Americans with Disabilities Act and Government Code Section 54954.2, if special assistance is needed to participate in a Commission meeting, please contact the Clerk of the Board at {951} 787-7141. Notification of at least 48 hours prior to meeting time will assist staff in assuring that reasonable arrangements can be made to provide accessibility at the meeting. 1. 2. 3. 4. 5. CALL TO ORDER PLEDGE OF ALLEGIANCE ROLL CALL PUBLIC COMMENTS -Each individual speaker is limited to speak three (3) continuous minutes or less. The Commission may, either at the direction of the Chair or by majority vote of the Commission, waive this three minute time limitation. Depending on the number of items on the Agenda and the number of speakers, the Chair may, at his/her discretion, reduce the time of each speaker to two (2) continuous minutes. In addition, the maximum time for public comment for any individual item or topic is thirty {30} minutes. Also, the Commission may terminate public comments if such comments become repetitious. Speakers may not yield their time to others without the consent of the Chair. Any written documents to be distributed or presented to the Commission shall be submitted to the Clerk of the Board. This policy applies to Public Comments and comments on Agenda Items. Under the Brown Act, the Commission should not take action on or discuss matters raised during public comment portion of the agenda that are not listed on the agenda. Commission members may refer such matters to staff for factual information or to be placed on the subsequent agenda for consideration. APPROVAL OF MINUTES -SEPTEMBR 10 AND OCTOBER 8, 2014 Riverside County Transportation Commission Agenda November 12, 2014 Page 2 6. PUBLIC HEARING -ADOPTION OF AN AMENDED RESOLUTION OF NECESSITY FOR THE ACQUISITION OF FEE AND TEMPORARY CONSTRUCTION EASEMENT INTERESTS IN PORTIONS OF CERTAIN REAL PROPERTY BY EMINENT DOMAIN, MORE PARTICULARLY DESCRIBED AS ASSESSOR PARCEL NOS. 118-050-001, 118-050-002, 118-111-001, 118-111-002, 118-111-003, AND 118-111-004; LOCATED IN CORONA, RIVERSIDE COUNTY, CALIFORNIA, FOR THE STATE ROUTE 91 CORRIDOR IMPROVEMENT PROJECT, BETWEEN PIERCE STREET ON THE EAST TO THE COUNTY LINE ON THE WEST, IN RIVERSIDE COUNTY, CALIFORNIA Page1 Overview This item is for the Commission to: 1) Conduct a hearing to consider the adoption of amendments to resolutions of necessity, including providing all parties interested in the affected property and their attorneys, or their representatives, an opportunity to be heard on the issues relevant to the resolutions of necessity; 2) Make the following findings as hereinafter described in this report: a) The public interest and necessity require the proposed project; b) The project is planned or located in a manner that will be most compatible with • the greatest public good and the least private injury; • c) The real property to be acquired is necessary for the project; and d) The offer of just compensation was not made in this circumstance. Instead, the property owner has stipulated to an additional deposit based on an appraisal for Fair Market Value. 3) Adopt Amendment to Resolution of Necessity No. 13-081, "Resolution of Necessity for the Acquisition of Property Interests in Certain Real Property, by Eminent Domain, More Particularly Described as Assessor Parcel Nos. 118-050-001, 118-050-002, 118-111-001, 118-111-002, 118-111-003, and 118-111-004 located in Corona, Riverside County, California", for the State Route 91 Corridor Improvement Project (SR-91 CIP), Between Pierce Street on the East to the Riverside/Orange County Line on the West, in Riverside County, California. 7. ADDITIONS / REVISIONS -The Commission may add an item to the Agenda after making a finding that there is a need to take immediate action on the item and that the item came to the attention of the Commission subsequent to the posting of the agenda. An action adding an item to the agenda requires 2/3 vote of the Commission. If there are less than 2/3 of the Commission members present, adding an item to the agenda requires a unanimous vote. Added items will be placed for discussion at the end of the agenda. 8. CONSENT CALENDAR -All matters on the Consent Calendar will be approved in a single motion unless a Commissioner(s) requests separate action on specific item(s). Items pulled from the Consent Calendar will be placed for discussion at the end of the agenda. • • • • Riverside County Transportation Commission Agenda November 12, 2014 Page 3 SA. QUARTERLY FINANCIAL STATEMENTS Page24 Overview This item is for the Commission to receive and file the Quarterly Financial Statements for the period ended September 30, 2014. SB. QUARTERLY SALES TAX ANALYSIS Page32 Overview This item is for the Commission to receive and file the sales tax analysis for Quarter 2 2014 (Q2 2014). Page40 SC. QUARTERLY INVESTMENT REPORT Overview This item is for the Commission to receive and file the Quarterly Investment Report for the quarter ended September 30, 2014 . 80. SINGLE SIGNATURE AUTHORITY REPORT Page BB Overview This item is for the Commission to receive and file the Single Signature Authority report for the first quarter ended September 30, 2014. SE. AGREEMENT WITH DALKE & SONS CONSTRUCTION, INC. FOR STATE ROUTE 91 CORRIDOR IMPROVEMENT PROJECT RIGHT OF WAY PROPERTY MITIGATION PACKAGE 2 Page90 Overview This item is for the Commission to approve an increase in contingency for Agreement No. 14-31-022-00 with Dalke & Sons Construction, Inc. (Dalke & Sons) for the construction of State Route 91 Corridor Improvement Project (SR-91 CIP) Right of Way (ROW) Property Mitigation Package 2 in an amount not to exceed $150,000 for a revised total contingency of $279,768 and a total amount not to exceed $1,577,448 . Riverside County Transportation Commission Agenda November 12, 2014 Page4 SF. REQUEST FOR FUNDING A PROJECT STUDY REPORT EQUIVALENT DOCUMENT FOR THE ETHANAC ROAD/STATE ROUTE 74/NICHOLS ROAD CORRIDOR Page93 Overview This item is for the Commission to approve $2 million of 2009 Measure A Western County New Corridors Program funds for the preparation of a Project Study Report Equivalent (PSRE) document that the county of Riverside will serve as lead agency. SG. AMENDMENT TO RIGHT OF WAY ON-CALL SUPPORT SERVICES AGREEMENTS SH. Page97 Overview This item is for the Commission to approve an increase of $500,000 for the following agreements for the continued support of on-call right of way (ROW) services for a revised amount not to exceed an aggregate value of $2 million; a) Agreement No. 12-31-012-00 with Overland Pacific & Cutler (OPC); and b) Agreement No. 12-31-038-00 with Epic Land Solutions (Epic). PERRIS VALLEY LINE-MORENO VALLEY MARCH FIELD STATION UTILITY EASEMENT Page99 Overview This item is for the Commission to: 1} Approve the Easement Deed between the Commission and Western Municipal Water District (WMWD), for Assessor Parcel Number (APN) 297-100-036, for maintenance and access at the future Moreno Valley March Field (MVMF) Station without any monetary compensation exchanged between the parties; and 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the grant of easement on behalf of the Commission. • • • • • • Riverside County Transportation Commission Agenda November 12, 2014 Page 5 81. 2015 WESTERN RIVERSIDE COUNTY MEASURE A SPECIALIZED TRANSIT THREE-YEAR CALL FOR PROJECTS Page 108 Overview This item is for the Commission to: 1) Approve the release of the 2015 Western Riverside County Measure A Specialized Transit Three-Year Call for Projects (2015 Call for Projects) for approximately $8 million covering fiscal years 2015/16 -2017/18 for Western Riverside County (Western County); and 2) Authorize staff to advertise the availability of funding and to solicit project proposals from non-profit agencies and other interested parties or operators. 9. COACHELLA VALLEY-SAN GORGONIO PASS RAIL STUDY UPDATE AND AMENDMENT FOR ON-CALL RAIL OPERATIONS SUPPORT SERVICES Page111 Overview This item is for the Commission to: 1) 2} Receive an update on the progress for the Coachella Valley San Gorgonio Pass Rail Study and; Approve an increase of $1 million for the following agreements for the continued support of on-call rail operations support services for a revised amount not to exceed an aggregate value of $2 million; a) Agreement No. 12-25-022-00 with HDR Engineering, Inc. (HDR); b) Agreement No. 12-25-035-00 with Parsons Brinckerhoff, Inc. (Parsons Brinckerhoff); and c) Agreement No. 12-25-036-00 with STV Incorporated (STV). 10. 91 PROJECT-CONSTRUCTION UPDATE Page113 Overview This item is for the Commission to receive and file an update on the 91 Project . Riverside County Transportation Commission Agenda November 12, 2014 Page 6 11. ITEM(S) PULLED FROM CONSENT CALENDAR AGENDA 12. COMMISSIONERS/ EXECUTIVE DIRECTOR REPORT Page 114 Overview This item provides the opportunity for the Commissioners and the Executive Director to report on attended meetings/conferences and any other items related to Commission activities. • Report on the 2014 APTA Rail and the Railvolution Conferences, by Commissioners Daryl Busch and Greg Pettis. 13. CLOSED SESSION 13A. CONFERENCE WITH LEGAL COUNSEL: EXISTING LITIGATION Pursuant to Government Code Section 54956.9 (d)(l) Case No. RIC 1309887 138. CONFERENCE WITH REAL PROPERTY NEGOTIATORS Pursuant to Government Code Section 54956.8 Item APN(s) Property Owner(s) 1 101-140-034 AT&SF 2 101-140-013 Adfam 3 101-140-031 Green River Properties 4 101-120-009 State of California -Chino Hills State Park 5 101-120-009 United States of America -Prado Dam 6 101-040-007 7191 LLC Sean McCoy and Myron Sukut, Principals 7 101-140-007 Kroll/Day Item APN(s) Property Purchaser(s) 234-250-009 234-250-010 234-250-011 234-250-012 AHO, LP 1 234-250-013 234-250-032 Ed Haddad, Principal 234-250-034 234-250-036 234-250-038 2 285-210-018 Coussoulis Development Company 285-210-019 Nicholas Coussoulis, Principal • • • • • • Riverside County Transportation Commission Agenda November 12, 2014 Page 7 14. ADJOURNMENT The next Commission meeting and is scheduled to be held at 9:30 a.m., Wednesday, December 10, 2014, Board Chambers, First Floor, County Administrative Center, 4080 Lemon Street, Riverside . REVISION TO AGENDA ITEM 13 Additions are noted by Bold Italics, Deletions are noted by Strikethrough Riverside County Transportation Commission Agenda November 12, 2014 Page 6 Additions are noted by Bold Italics, Deletions are noted by Strilrnthrot:Jgh 12. COMMISSIONERS/ EXECUTIVE DIRECTOR REPORT Page 114 Overview This item provides the opportunity for the Commissioners and the Executive Director to report on attended meetings/conferences and any other items related to Commission activities. • Report on the 2014 APTA Rail and the Railvolution Conferences, by Commissioners Daryl Busch and Greg Pettis. 13. CLOSED SESSION 13A. CONFERENCE WITH LEGAL COUNSEL: EXISTING LITIGATION Pursuant to Government Code Section 54956.9 (d)(l) Case No. RIC 1309887 138. CONFERENCE WITH REAL PROPERTY NEGOTIATORS Pursuant to Government Code Section 54956.8 Item APN(s) Property Owner(s) 1 101-140-034 AT&SF 2 101-140-013 Adfam 3 101-140-031 Green River Properties 4 101-120-009 State of California -Chino Hills State Park 1Q11~Q QQ9 5 101-040-004 United States of America -Prado Dam 6 101-040-007 7191 LLC Sean McCoy and Myron Sukut, Principals 7 101-140-007 Kroll/Day Riverside County Transportation Commission Agenda November 12, 2014 Page 7 Item APN(s) 234-250-009 234-250-010 234-250-011 234-250-012 1 234-250-013 234-250-032 234-250-034 234-250-036 234-250-038 ~8§ ~1Q Q18 i ~8§ ~1Q Q19 14. ADJOURNMENT Property Purchaser(s) AHO, LP Ed Haddad, Principal Ge1:1sse1:1lis QeyeleJ3ffieAt GeffiJ3aAy Niel:lelas Ge1:1sse1:1lis, PFiAEiJ3al The next Commission meeting and is scheduled to be held at 9:30 a.m., Wednesday, December 10, 2014, Board Chambers, First Floor, County Administrative Center, 4080 Lemon Street, Riverside. RIVERSIDE COUNTY TRANSPORTATION COMMISSION ROLL CALL NOVEMBER 12, 2014 County of Riverside, District I County of Riverside, District II County of Riverside, District Ill County of Riverside, District IV County of Riverside, District V City of Banning City of Beaumont City of Blythe City of Calimesa City of Canyon Lake City of Cathed ra I City City of Coachella City of Corona City of Desert Hot Springs City of Eastvale City of Hemet City of Indian Wells City of Indio City of Jurupa Valley City of La Quinta City of Lake Elsinore City of Menifee City of Moreno Valley City of Murrieta City of Norco City of Palm Desert City of Palm Springs City of Perris City of Rancho Mirage City of Riverside City of San Jacinto City of Temecula City of Wildomar Governor's Appointee, Caltrans District 8 Absent LI LI LI LI LI LI LI LI LI LI LI LI LI LI LI % LI LI LI LI LI LI LI D LI D LI D LI ~ ji1 LI D RIVERSIDE COUNTY TRANSPORTATION COMMISSION COMMISSIONER SIGN-IN SHEET NOVEMBER 12, 2014 NAME AGENCY E_MAIL ADDRESS DETACH AND SUBMIT TO THE CLERK OF THE BOARD DATE: 1 Itri I t v] ~ .. '-''-s f~~K (:)("l L_'j 1 r TTE:. flt\ ,fJ 0 L, L t,:t) CHECK IF SUBJECT OF \ PUBLIC COMME~NS: UBLIC COMMENTS: AGENDA ITEM N .: D.,.., ~ $UBJECT OF (AS LISTED ON THE AG ' DA) D AGENDA ITEM: ~~~~~~~~~~~~~~~~~~-NAME: A&GA(<, PHONE NO.: q~ l ---.S5 t -77 ~ 6 ADDRESS= L{ ct-; s. o c T-es 1ccs , cA 9a_s 1 o STREET CITY ZIP CODE REPRESENTING: 'N ((~ PHONE NO.: -------NAME OF AGENCY I ORGANIZATION I GROUP BUSINESS ADDRESS:~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ STREET CITY ZIP CODE fuL~- \ fl. I DETACH AND SUBMIT TO THE CLERK OF THE BOARD oATE' P \JtrJ J 2. Z DI!./ --r;.lew, ~/ lJ ~ ~ ?.oi 4 CHECK IF ~ SUBJECT OF I PUBLIC COMMENTS: f'1 PUBLIC COMMENT . ~<'54;,._ AGENDA ITEM NO.: SUBJECT OF (AS LISTED ON THE AGENDA) AGENDA ITEM: __________________ _ NAME: .,.. PHONE NO.: _______ _ ADDRESS: 2c/1~7 ~It /£12 bi~ yf;t d~c Cjz59{, STREET CITY ZIP CODE REPRESENTING: So_~~~~ {J:J~l~~ --~--· ·-PHONE No.: ~~' '51X-7oc(7 BUSINESS ADDRESS: ?~-Lf '-! (4/tyr!Jlll.r lfiWIJC f?Oje. /11tfJ1\ CITY ZIP CODE ·----~-.,,.-~-~--DETACH -AND SUBMIT TO THE CLERK OF THE BOARD DATE: / /-12 - / lf: CHECK IF PUBLIC COMMENTS:¥' SUBJECT OF PUBLIC COMMENTS: _____________________ _ AGENDA ITEM NO.: (AS LISTED ON THE AGENDA) ___ _ NAME:---Douci\f tµ 17av-..J A// PHONE No.: ______ _ ADDRESS: ____________ ~,__ __________________ _ STREET CITY ZIP CODE REPRESENTING: PHONE NO.: _______ _ NAME OF AGENCY I 0 BUSINESS ADDRESS: ____ ~------------------------CITY ZIP CODE • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION 1. CALL TO ORDER MINUTES Wednesday, September 10, 2014 The Riverside County Transportation Commission was called to order by Chair Marion Ashley at 9:33 a.m. in the Board Room at the County of Riverside Administrative Center, 4080 Lemon Street, Riverside, California, 92501. 2. PLEDGE OF ALLEGIANCE Commissioner Deborah Franklin led the Commission in a flag salute. 3. ROLL CALL Commissioners/ Alternates Present Steve Adams Marion Ashley Ben Benoit John J. Benoit Roger Berg Daryl Busch Mary Craton Joseph DeConinck Ginny Foat Deborah Franklin Rick Gibbs Berwin Hanna Douglas Hanson Jan Harnik Terry Henderson Kevin Jeffries 4. PUBLIC COMMENTS Frank Johnston Bob Magee Scott Mann Scott Matas Glenn Miller Jesse Molina Basem Muallem Greg Pettis Ron Roberts Larry Smith Karen Spiegel John F. Tavaglione Ted Weill Ella Zanowic Commissioners Absent Steven Hernandez Andrew Kotyu k Adam Rush Jeff Stone Executive Director Anne Mayer presented Accounting Technician Towa Demorst with a 15-year service award . Riverside County Transportation Commission Minutes September 10, 2014 Page 2 5. APPROVAL OF MINUTES -JUNE 11, 2014 M/S/C (Henderson/Spiegel) to approve the June 11, 2014 minutes as submitted. 6. PUBLIC HEARING -ADOPTION OF RESOLUTIONS OF NECESSITY FOR THE ACQUISITION OF FEE, BUILDING ACCESS EASEMENT, BUILDING DEMOLITION EASEMENT, PERMANENT DRAINAGE EASEMENT, PERMANENT WALL FOOTING EASEMENT, TEMPORARY ACCESS EASEMENT, TEMPORARY CONSTRUCTION EASEMENT, AND UTILITY EASEMENT IN PORTIONS OF CERTAIN REAL PROPERTY BY EMINENT DOMAIN, MORE PARTICULARLY DESCRIBED AS ASSESSOR PARCEL NOS. 118-270-034, 118-270-035, 118-270-036, 118-270-038, 118-270-039, AND 118-270-042; 102-270-011; 118-171-040; 118-171-026, AND 118-171-039; 118-171-025; AND 115-060-013, 115-060-015, 117-270-005, AND 117-270-013; LOCATED IN CORONA, RIVERSIDE COUNTY, CALIFORNIA, FOR THE STATE ROUTE 91 CORRIDOR IMPROVEMENT PROJECT, BETWEEN PIERCE STREET ON THE EAST TO THE COUNTY LINE ON THE WEST, IN RIVERSIDE COUNTY, CALIFORNIA At this time, Chair Ashley recused himself from Agenda Item No. 6 due to a conflict of interest and left the meeting. • Vice Chair Daryl Busch assumed the Chair, opened the public hearing, and called upon legal • counsel to explain the nature and scope of this hearing. Steve DeBaun, legal counsel, explained the f?,UXPO~e.".of this hearJl}g is for t .. he Board to consider the adoption of Resolutions of Necessity No. 14-022, 14-028, 14-029, 14-030, 14-031, and Amended Resolution of Necessity No. 13-011 for the acquisition of real property for the State Route 91 Corridor Improvement Project (SR-91 CIP). He stated at the conclusion of this hearing, the Board will be asked to adopt the resolutions of necessity and he listed the findings. He explained the purpose of this hearing is to consider the need for acquisition of the property and not to consider the value of the property. Jennifer Harmon, Clerk of the Board, verified the proofs of mailing that certify the notices were sent to the property owners of said parcel numbers are on file with the Commission. The Commission received a written objection from Michael Leifer, Palmieri, Tyler, Wiener, Wilhelm & Waldron, LLP, representing Cardenas Markets, a tenant of the Corona Towne Center, LLC. Additionally, there are two requests to be heard from: 1) Michael Leifer; and 2) Richard Greenberg, Greenberg, Whitcombe, Takeuchi, Gibson & Grayver, LLP, representing Corona Towne Center. Ms. Harmon clarified communication from Mr. Liefer, emailed and faxed September 9, has been distributed to the Commissioners. • • • • Riverside County Transportation Commission Minutes September 10, 2014 Page 3 No. APN CPN Owner RON No. Request to be Heard 1 118-270-034 22218 Corona Towne Center, LLC 14-022 Yes 118-270-035 118-270-036 118-270-038 118-270-039 118-270-042 2 102-270-011 22165 Platinum Oil Corporation 14-028 No 3 118-171-040 22188 National Community 14-029 No Renaissance of California 4 118-171-026 22189 National Community 14-030 No 118-171-039 Renaissance of California 5 118-171-025 22190 National Community 14-031 No Renaissance of California 6 115-060-013 22275 Pearl Street Properties 13-011 No 115-060-015 117-270-005 117-270-013 Mark Lancaster, Right of Way Manager, presented the resolutions of necessity for the SR-91 CIP and discussed the following areas: • Four findings required by the Board; • Project Map -Parcel location in the project area; • Parcel list; • Offers of just compensation and contact summary for the parcels; • Aerial view of parcels; and • Staff recommendation. Richard Greenberg explained Mr. Lancaster was accurate in describing the events as the property owners and Mr. Greenberg met with staff and general counsel to discuss this project, however, the project cannot be redesigned in any substantial way. He expressed concern for additional access on Lincoln Boulevard and parking is below code in the after condition. He stated the property owners do not believe the center is viable in the after condition, however, it is his opinion that staff believes there is no damage to the center in the after condition although compensation has been increased due to the increased valuation and the remainder . Riverside County Transportation Commission Minutes September 10, 2014 Page 4 Michael Leifer expressed concern for the redesign of the additional driveway, including the analysis by the appraiser with regard to the damage when the additional driveway was added. Additionally, he stated he does not believe the Commission can determine if an appropriate offer of just compensation was made and requested the Commission direct staff to review the property owner's reconfiguration plan and continue the hearing for this resolution. Vice Chair Busch called on any others persons who wish to be heard. There were no requests to speak. Commissioner Jan Harnik expressed concern about receiving the new configurations for the shopping center on August 28, however, she expressed greater concern the Commission received Mr. Leifer's response on September 9, which provided the Commissioners even less time for evaluation and consideration. She asked if the property owner was present at the site when the appraisal was conducted. Mark Lancaster replied he understands a meeting was offered, however, he is uncertain if the property owner was present as it may have been a representative when the appraiser was there. He explained staff makes an effort. to meet with the property owner or representative to walk the site. In response to Commissioner Harnik's request for clarification regarding the finding of the ()ffE:r of jusJ <:.QffiP~Q~atioJl,J'.rl~f:!< Laoc~~\~r r~p~iE:~Hhe ptf~t()f jl.!~t c.()ffipe11s13tion is made on the full appraised value of the property by the Commission. The appraisal is based on the United States Professional Appraisal Practices. He explained the appraisal amount is the offer of just compensation given to the property owner, which is a required by law. Commissioner John Tavaglione discussed the importance of this critical project and the need to keep moving forward as well as the challenges of the eminent domain process. He stated in order to keep it moving forward, the Commission must continue to acquire the necessary properties. He expressed empathy for the property owner as it may lose tenants. However, if negotiations are not reached then the matter goes to court. Commissioner Tavaglione referred to Mr. Leifer's request to continue the hearing to allow for continued discussion to reconfigure the center. He expressed that means Mr. Leifer is requesting the Commission rebuild the entire center for the property owners. He stated this is where the problem lies as there cannot be negotiations of this sort at this hearing. Commissioner Tavaglione stated the negotiations can continue after the adoption of the resolution and made a motion to approve the item. • • • • • • Riverside County Transportation Commission Minutes September 10, 2014 Page 5 Commissioner Roger Berg stated at its July meeting, the Commission requested staff to review Mr. Leifer's reconfiguration plan. He expressed he believes there may be a possibility of reaching a solution without going to court. He stated his concern about the impact to the Cardenas Markets as it will not be viable with the proposed parking configuration and therefore cannot support this item. Anne Mayer explained staff is asking for the adoption of a resolution of necessity for the property rights the Commission needs to build this project. She explained the eminent domain process is not used to acquire rights to reconfigure property that is not necessary for the project. She stated as it has been repeatedly demonstrated on this project, the Commission is moving forward in the eminent domain process in order to have possession of the property for the contractor. She stated the impacts on this parcel have been minimized as much as possible and the design can no longer be changed. She stated staff is willing to continue discussions with the property owners, Cardenas Markets, and their representatives. Commissioner Berg suggested the Commission did not make an offer of just compensation based on the impacts of the parking spaces and frontage being taken from Cardenas Markets. Commissioner Ted Weill concurred with Commissioner Berg's comments and stated in its present form, he cannot approve this item without continued discussion. Commissioner Karen Spiegel stated a tremendous amount of work has begun in the city of Corona and this project needs to keep moving forward. She stated it was made clear at the July Commission meeting this property would be brought back to the September Commission meeting. She expressed concern a correspondence was submitted to the Commission the day before this hearing to explain why the Commission should not approve it, if in fact the property owner's representative was not satisfied and there was no contact made. She suggested the correspondence had too much information to be able to process in such a short time. Commissioner Spiegel stated she believes the findings have been made; however, there is additional work to be done. At this time, Vice Chair Busch closed the public hearing. M/S/C (Tavaglione/Henderson) to: 1) Conduct a hearing to consider the adoption of resolutions of necessity, and amend one resolution of necessity, including providing all parties interested in the affected property and their attorneys, or their representatives, an opportunity to be heard on the issues relevant to the resolutions of necessity; Riverside County Transportation Commission Minutes September 10, 2014 Page 6 2) Make the following findings as hereinafter described in this report: a) The public interest and necessity require the proposed project; b) The project is planned or located in a manner that will be most compatible with the greatest public good and the least private injury; c) The real property to be acquired is necessary for the project; and d) The offer of just compensation has been made to the owner. 3) Adopt Resolutions of Necessity Nos. 14-022, 14-02S, 14-029, 14-030, 14-031, and Amended Resolution of Necessity 13-011, "Resolutions of Necessity for the Acquisition of Property Interests in Certain Real Property, by Eminent Domain, More Particularly Described as Assessor Parcel Nos. 118-270-034, 118-270-035, 118-270-036, 118-270-038, 118-270-039, and 118-270-042; 102-270-011; 118-171-040; 118-171-026, and 118-171-039; 118-171-025; and 115-060-013, 115-060-015, 117-270-005, and 117-270-013, located in Corona, Riverside County, California", for the State Route 91 Corridor Improvement Project (SR-91 CIP), Between Pierce Street on the East to the County Line on the West, in Riverside County, California. Abstain: Molina No: Berg At this time, Chair Ashley rejoined the meeting. 7. ADDITIONS/ REVISIONS There was a revision to Attachment 5 for Agenda item 9, "Substitution of Standby Bond Purchase Agreements for 2009 Sales Tax Revenue Bonds". At this time, Commissioner Larry Smith stepped out of the meeting. S. CONSENT CALENDAR M/S/C (Adams/Tavaglione) to approve the following Consent Calendar items. Abstain: Commissioner Bob Magee on Agenda Item SH. SA. QUARTERLY FINANCIAL STATEMENTS Receive and file the Quarterly Financial Statements for the year ended June 30, 2014. • • • • • • Riverside County Transportation Commission Minutes September 10, 2014 Page 7 SB. SINGLE SIGNATURE AUTHORITY REPORT Receive and file the Single Signature Authority report for the fourth quarter ended June 30, 2014. SC. QUARTERLY SALES TAX ANALYSIS Receive and file the sales tax analysis for Quarter 1 2014 (Q1 2014). SD. QUARTERLY INVESTMENT REPORT Receive and file the Quarterly Investment Report for the quarter ended June 30, 2014. SE. ANNUAL INVESTMENT POLICY REVIEW 1) Adopt Resolution No. 14-015, "Resolution of the Riverside County Transportation Commission Regarding the Revised Investment Policy"; and 2) Adopt the Annual Investment Policy . BF. CALPERS DELEGATION OF AUTHORITY TO REQUEST DISBURSEMENTS 1) Designate the Chief Financial Officer, Deputy Executive Director, and Finance Manager/Controller to request disbursements from the CalPERS pre-funding plan; and 2) Authorize the Chair to execute the Delegation of Authority to Request Disbursements. BG. AGREEMENT FOR TOLL ORGANIZATION PLANNING SUPPORT SERVICES 1) Award Agreement No. 14-31-155-00 to Cambria Solutions, Inc. (Cambria) for toll organization planning support services in the amount of $218,840, plus a contingency amount of $31,160, for a total amount not to exceed $250,000; 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the agreement on behalf of the Commission; and 3) Authorize the Executive Director to approve contingency work as may be required for the project . Riverside County Transportation Commission Minutes September 10, 2014 Page 8 8H. AGREEMENT WITH SC ENGINEERING FOR THE PREPARATION OF CONSENT TO COMMON USE AGREEMENTS, LEGAL DESCRIPTIONS, AND PLATS TO REESTABLISH UTILITY COMPANIES' PRIOR RIGHTS RELOCATED BY THE STATE ROUTE 74 WIDENING PROJECT BETWEEN DEXTER AVENUE IN THE CITY OF LAKE ELSINORE AND 7TH STREET IN THE CITY OF PERRIS AND DONATION AGREEMENT TO TRANSFER MITIGATION PROPERTY TO THE WESTERN RIVERSIDE COUNTY REGIONAL CONSERVATION AUTHORITY 1} Award Agreement No. 14-31-163-00 to SC Engineering for engineering services for the preparation of consent to common use agreements {CCUAs}, legal descriptions, and plat maps to establish utility easements for utilities with prior rights relocated by the State Route 74 widening project between Dexter Avenue in the city of Lake Elsinore and 7th Street in the city of Perris, for an amount of $134,358, plus a contingency amount of $13,450, for a total amount not to exceed $147,808; 2} Approve the Donation Agreement No. 15-31-018-00 between the Commission and the Western Riverside County Regional Conservation Authority (RCA) granting land acquired for mitigation purposes on the SR-74 3) 4) 5) widening project; Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the agreements, on behalf of the Commission; Authorize the Executive Director to approve release of contingency work up to the total authorized amount as may be required for the project; and Authorize the Executive Direct0r, pursuant to legal counsel review, to execute agreements with Caltrans to reflect non-funding changes related to the project on behalf of the Commission. 81. QUITCLAIM DEED CONTAINING COVENANTS AND RESTRICTIONS INCLUDING A POWER OF TERMINATION AND THE OPTION TO PURCHASE AGREEMENT FOR THE OLD ELSINORE MUSEUM LINE 1) Approve the quitclaim deed containing covenants and restrictions including a power of termination (quitclaim deed} and the option to purchase agreement (agreement) between the Commission and the city of Perris for the Old Elsinore Museum Line (OEML} as well as the area between th and 10th Streets (conveyed properties); and 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the quitclaim deed and the agreement on behalf of the Commission. • • • • • • Riverside County Transportation Commission Minutes September 10, 2014 Page 9 8J. AGREEMENT WITH M. S. CONSTRUCTION MANAGEMENT GROUP FOR THE CONSTRUCTION OF THE RIVERSIDE DOWNTOWN STATION OPERATIONS CONTROL CENTER, IN THE CITY OF RIVERSIDE 1) Award Agreement No. 14-31-149-00 to M. S. Construction Management Group for the construction of the Riverside Downtown Station Operations Control Center (RDNOCC), in the amount of $1,533,891, plus a contingency 2) 3) 4) 5) 6) 7) amount of $153,389, for a total amount not to exceed $1,687,280; Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the agreement on behalf of the Commission; Amend the FY 2014/15 Commuter Rail Short Range Transit Plan (SRTP) to allocate an additional $250,000 of Transportation Development Act (TDA) State Transit Assistance (STA) funds for construction of the RDNOCC; Reprogram $100,000 of STA funds from the Perris Multimodal project to the RDNOCC; Approve an increase of $737,280 in FY 2014/15 budgeted expenditures for the RDNOCC project; Approve an increase of $350,000 in FY 2014/15 budgeted transfer in to the RDNOCC and corresponding transfer out from the STA fund; and Authorize the Executive Director to approve contingency work as may be required for the project. 8K. AGREEMENTS FOR ON-CALL COORDINATION PUBLIC OUTREACH SERVICES 1) Award the following agreements to provide on-call coordination public outreach services for a three-year term and two one-year options to extend the agreement in an amount not to exceed an aggregate value of $500,000; a) Agreement No. 14-31-118-00 with Arellano Associates; b) Agreement No. 14-31-119-00 with Moore lacofano Goltsman, Inc. (MIG); and c) Agreement No. 14-31-120-00 with Simon Wong Engineering, Inc.; 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the agreements, including option years, on behalf of the Commission; and 3) Authorize the Executive Director, or designee, to execute task orders awarded to contractors under the terms of the agreements . Riverside County Transportation Commission Minutes September 10, 2014 Page 10 SL. RIVERSIDE TRANSIT AGENCY'S FISCAL YEAR 2014/15 SHORT RANGE TRANSIT PLAN AMENDMENT 1} Approve modification to Riverside Transit Agency's (RTA} FY 2014/15 capital improvement program to reflect additional funding of $4,125,000 in Congestion Mitigation and Air Quality (CMAQ} and $911,880 in FY 2012/13 Proposition lB California Transit Security Grant Program (CTSGP} funds; 2} Allocate $998,101 in additional State Transit Assistance (STA} funds to provide capital matching funds for the CMAQ funds awarded to RTA for its Intelligent Information System (ITS} project; 3} Reallocate $1,163,866 of Local Transportation Fund (LTF} funds from the ITS project to the Expansion Heavy Duty Revenue Vehicles project; and 4} Approve RTA's FY 2014/15 Short Range Transit Plan (SRTP} Amendment No. 1 to reflect the changes above, subject to approval by RTA's board of directors. SM. CITIZENS ADVISORY COMMITTEE/SOCIAL SERVICES TRANSPORTATION ADVISORY COMMITTEE MEMBERSHIP NOMINATIONS • Nominate 10 appointments to the Citizens Advisory Committee/Social Services • Transportation Advisory Committee (CAC/SSTAC} effective September 1, 2014. 8N. FISCAL YEAR 2014/15 SAN BERNARDINO ASSO(IATEO GOVERNMENTS AGREEMENT FOR INLAND EMPIRE RIDESHARE AND 511 SERVICES 1} Approve Agreement No. 15-41-031-00 with the San Bernardino Associated Governments (SANBAG} as part of the Commission's continuing bi-county partnership with SANBAG to deliver commuter/employer rideshare services and operation of the Inland Empire 511 (IE511} system for FY 2014/15 for an amount not to exceed $1,648,300; and 2} Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the agreement on behalf of the Commission. SO. CLAY STREET GRADE SEPARATION 1} Deobligate $2,432,000 in 2009 Measure A Western County Economic Development Funds previously allocated to the County of Riverside (County) for the Interstate 215/Van Buren Interchange project; 2) Reprogram $2,432,000 in 2009 Measure A Western County Economic Development Funds to the County for the Clay Street grade separation project; • • • • Riverside County Transportation Commission Minutes September 10, 2014 Page 11 3) Approve Agreement No. 08-31-124-00, Amendment No. 1 to Agreement No. 08-31-124-00, with the County for the 1-215/Van Buren Interchange project and the Clay Street grade separation project; 4) Deobligate $1,722,000 in Congestion Mitigation Air Quality (CMAQ) funds allocated to the city of Banning (Banning) for the Sunset Avenue grade separation project; 5) Allocate $1,722,000 in CMAQ funding to the County in support of the Clay Street grade separation project; and 6) Approve an increase of $2,432,000 in FY 2014/15 budgeted 2009 Measure A Western County Economic Development expenditures. 8P. STATE AND FEDERAL LEGISLATIVE UPDATE Receive and file an update on the state and federal legislation. 9. SUBSTITUTION OF STANDBY BOND PURCHASE AGREEMENTS FOR 2009 SALES TAX REVENUE BONDS Theresia Trevino, Chief Financial Officer, presented the standby bond purchase agreements for 2009 Bonds, highlighting the following areas: • Variable rate bond basics and debt illustration; • Liquidity support for 2009 Bonds; • Transaction documents; and • Next steps. Commissioner Douglas Hanson expressed appreciation for an admirable job and the amount of detail presented for this refinancing. He asked if the ratings improved since the August 2014 Budget and Implementation Committee meeting. Theresia Trevino replied the ratings received affirm the existing ratings. M/S/C {Gibbs/Zanowic) to: 1) Adopt Resolution No. 14-026, "Resolution of the Riverside County Transportation Commission Authorizing the Execution and Distribution of an Offering Memorandum Relating to the Outstanding Sales Tax Revenue Bonds, Ratifying Prior Authorizations of the Execution and Delivery of One or More Standby Agreements and One or More Remarketing Agreements, and Authorizing the Taking of All Other Actions Necessary in Connection Therewith"; Riverside County Transportation Commission Minutes September 10, 2014 Page 12 2) Ratify the replacement of the standby bond purchase agreements (SBPAs) and accompanying fee letters (collectively referred to as Liquidity Facilities) for the 2009 Sales Tax Revenue Bonds Series A, Series B, and Series C (2009 Bonds) with The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) in place of the Liquidity Facilities currently provided by JPMorgan Chase Bank, N.A. (JPMorgan); 3) Ratify the amended and restated remarketing agreements with Barclays Capital Inc. (Barclays) for 2009 Bonds Series B and Series C and Stifel, Nicolaus & Company (Stifel) for 2009 Bonds Series A, as remarketing agents; 4) Approve the draft remarketing memorandum related to the new Liquidity Facilities for the 2009 Bonds and authorize the Executive Director and/or other authorized representative to approve distribution of the remarketing memorandum by Barclays and Stifel; and 5) Approve the estimated costs of $250,000 to be incurred in connection with the replacement of the Liquidity Facilities to be paid from 2009 Measure A Western County Bond Financing Program funds. At this time, Commissioner Smith rejoined the meeting. 10. SUBSTITUTION OF LEITER OF CREDIT FOR COMMERCIAL PAPER PROGRAM Theresia Trevino presented the Commercial Paper Program, highlighting the following areas: • Commercial paper (CP) basics; • CP program illustration; • Establishment of RCTC program and evolution of RCTC CP program; • Continuation of CP Program; • Letter of credit procurement and transaction documents; and • Next steps. Commissioner Hanson congratulated Theresia Trevino on the amount of work done on behalf of the Commission. M/S/C (Hanson/Gibbs) to: 1) Approve Agreement No. 14-19-150-00 to State Street Bank and Trust Company (State Street Bank) for letter of credit (LOC) in the stated amount of $60.75 million related to the 2005 Commercial Paper Program for a period of three years, in an amount not to exceed $600,000; • • • • • • Riverside County Transportation Commission Minutes September 10, 2014 Page 13 2) 3) 4) 5) Adopt Resolution No. 14-027, "Resolution of the Riverside County Transportation Commission Ratifying and Confirming Prior Authorization Relating to Its Commercial Paper Notes, Including the Execution and Delivery of a Substitute Credit Agreement and Related Documents, and a Supplement to Offering Memorandum and the Taking of All Other Actions Necessary in Connection Therewith"; Ratify the draft reimbursement agreement and accompanying fee letter for the provision of a letter of credit (collectively referred to as Liquidity Facility) by and between the Commission and State Street Bank relating to the Commission's Commercial Paper Notes, Series A and authorization for the Executive Director and/or other authorized representative to approve and execute the final reimbursement agreement; Approve the draft supplemental offering memorandum related to the new Liquidity Facility for the Commercial Paper Notes, Series A and authorize the Executive Director and/or other authorized representative to approve distribution of the supplement to the offering memorandum by Barclays Capital Inc. {Barclays), as commercial paper dealer; and Approve the estimated costs of $200,000 related to the replacement of the Liquidity Facility to be paid from 2009 Measure A Western County Bond Financing Program funds . No: Pettis 11. ACTIVE TRANSPORTATION PROGRAM -RECOMMENDED STATEWIDE COMPETITIVE PROGRAM OF PROJECTS AND PROPOSED PROJECTS FOR THE METROPOLITAN PLANNING ORGANIZATION ACTIVE TRANSPORTATION PROGRAM REGIONAL PROGRAM CYCLE 1, FISCAL YEARS 2014/15 AND 2015/16 Shirley Medina, Planning and Programming Director, presented the Active Transportation Program (ATP} of statewide and metropolitan planning organization (MPO) projects, highlighting the following areas: • ATP funding; • California Transportation Commission (CTC) approved statewide competition; • MPO Regional ATP funding and CTC approval in November; • MPO Regional ATP proposed funding recommendations for Riverside County; and • Next steps. Commissioner John Benoit expressed appreciation to staff for all of their hard work and discussed the trip to San Jose regarding the ATP funds for Riverside County. Commissioner Jan Harnik concurred with Commissioner J. Benoit's comments and also discussed the trip to San Jose regarding the ATP funds for Riverside County. Riverside County Transportation Commission Minutes September 10, 2014 Page 14 Anne Mayer explained these allocations are significant as Riverside County submitted $54 million in applications and received $22 million, which is 12 percent of the statewide funding. She discussed the initiation of the ATP and the competition for this funding on a statewide basis. Anne Mayer congratulated and expressed gratitude to all of the public works directors and the jurisdictions for submitting outstanding applications and great projects. Commissioner Tavaglione expressed gratitude for the leadership at the CTC on behalf of Riverside County. M/S/C (Jeffries/Matas) to: 1) 2} 3} Approve the staff recommendation for the Riverside County Active Transportation Program (ATP} projects for inclusion in the Metropolitan Planning Organization (MPO} ATP Regional Program Cycle 1 consisting of the top seven highest scoring projects identified in Table 2; Submit the seven projects to the Southern California Association of Governments (SCAG) for inclusion in the MPO ATP Regional Program; and Direct staff to work with SCAG and the other county transportation commissions on assigning the appropriate fund source to each MPO ATP regional project for Federal Transportation Improvement Program (FTIP} programming, fund allocations, and timely project delivery. 12. ITEM(S) PULLED FROM CONSENT CALENDAR FOR DISCUSSION There were no items pulled from the Consent Calendar. 13. COMMISSIONERS/EXECUTIVE DIRECTOR'S REPORT 13A. Commissioner Spiegel announced Metrolink is distributing flyers for two free roundtrip tickets paid for by the 1-5 Corridor Improvement Project. 138. Commissioner Rick Gibbs recommended the Commission create a policy about accepting information for a Commission meeting at least 24 to 48 hours in advance in order to assimilate the details of the documents. Anne Mayer replied with respect to resolutions of necessity, staff wants to be accessible and available to the property owners being impacted as well as allowing Commissioners to consider all possible information to make a reasonable decision. However, staff can work with legal counsel to consider a policy. --1 • • • • • • Riverside County Transportation Commission Minutes September 10, 2014 Page 15 Steve DeBaun stated even if a policy is adopted, the public would likely show up to a Commission meeting with the document and distribute it. He explained it is difficult at the resolution of necessity public hearings to stop this, however, there could be other situations where the Commission could request such a policy. Commissioner Harnik concurred with Commissioner Gibbs comment and stated there have been documents distributed to the Commissioners with the same date as the Commission meeting. While the Commission does not want to stop the public from speaking, she suggested announcing at the meeting there was information received and when it was received for the record. Steve DeBaun replied that procedure could be incorporated in the Commission process for resolutions of necessity in particular. In response to Commissioner Terry Henderson's question regarding the Commission's legal requirement, Steve DeBaun replied the legal requirement is the Commissioners make decisions based on the evidence in the record and it needs to be shown the decision made was reasonable. Commissioner Henderson expressed concern these documents are received at the last minute knowing the Commissioners will not have time to review and the property may go to court. Steve DeBaun explained it is noted for the record when the information is received and if it were to become an argument in court, legal counsel would present that information. Commissioner Jesse Molina concurred with Commissioner Henderson's comments and recommended a date stamp or a 24-hour limit for such documents as it appears to happen too often. Steve DeBaun replied all documents formerly submitted to the Commission receive a date stamp. Additionally, if it is presented at the meeting, it is reflected in the record so there will always be a date reflecting when the document was received. Anne Mayer stated staff will bring back an item for this discussion. 13C. Anne Mayer announced: • Karla Sutliff, Caltrans Chief Engineer, is in attendance and expressed appreciation for Caltrans' partnership with the Commission; Riverside County Transportation Commission Minutes September 10, 2014 Page 16 • Mobility 21 Transportation Summit conflicted with the California League of Cities and staff will help to ensure it will not occur in 2015 and expressed appreciation to Chair Ashley for attending the Mobility 21 Transportation Summit; and • Residents and commuters can subscribe to construction alerts for the various transportation projects in the county through the Commission and project websites. Additionally, she asked Commissioners to notify staff if there issues with traffic control in the construction areas. 14. ADJOURNMENT There being no further business for consideration by the Riverside County Transportation Commission, adjourned the meeting at 11:12 a.m. The next Commission meeting is scheduled to be held at 9:30 a.m., Wednesday, October 8, 2014, in the Board Room, at the County of Riverside Administrative Center, 4080 Lemon Street, Riverside, California. Respectfully submitted, Jennifer Harmon Clerk of the Board • • • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION MINUTES Wednesday, October 8, 2014 1. CALL TO ORDER The Riverside County Transportation Commission was called to order by Chair Marion Ashley at 9:30 a.m. in the Board Room at the County of Riverside Administrative Center, 4080 Lemon Street, Riverside, California, 92501. 2. PLEDGE OF ALLEGIANCE Vice Chair Daryl Busch led the Commission in a flag salute. 3. ROLL CALL Commissioners/ Alternates Present Commissioners Absent Marion Ashley Paul Lewin* Steve Adams Ben Benoit Bob Magee Andrew Kotyuk John J. Benoit Scott Mann* Ron Roberts Roger Berg Scott Matas Adam Rush Daryl Busch Glenn Miller Larry Smith Mary Craton Jesse Molina Jeff Stone Joseph DeConinck Basem Muallem John F. Tavaglione Deborah Franklin Greg Pettis Rick Gibbs Mary T. Roche Berwin Hanna Karen Spiegel Jan Harnik Ted Weill Terry Henderson Ella Zanowic Steven Hernandez Kevin Jeffries* Frank Johnston *Arrived after the meeting was called to order 4. PUBLIC COMMENTS There were no requests to speak from the public . Riverside County Transportation Commission Minutes October 8, 2014 Page 2 5. APPROVAL OF MINUTES -JULY 9, 2014 M/S/C (Henderson/B. Benoit) to approve the July 9, 2014 minutes as submitted. 6. PUBLIC HEARING -ADOPTION OF AMENDED RESOLUTION OF NECESSITY NO. 13-022 FOR THE ACQUISITION OF TEMPORARY CONSTRUCTION EASEMENT AND TEMPORARY ACCESS EASEMENT INTERESTS IN CERTAIN REAL PROPERTY, BY EMINENT DOMAIN, MORE PARTICULARLY DESCRIBED AS ASSESSOR PARCEL NO. 102-420-035 LOCATED IN CORONA, RIVERSIDE COUNTY, CALIFORNIA, FOR THE STATE ROUTE 91 CORRIDOR IMPROVEMENT PROJECT, BETWEEN PIERCE STREET ON THE EAST TO THE COUNTY LINE ON THE WEST, IN RIVERSIDE COUNTY, CALIFORNIA Chair Ashley opened the public hearing and called upon legal counsel to explain the nature and scope of this hearing. Steve DeBaun, legal counsel, explained the purpose of this hearing is for the Board to consider the adoption of Amended Resolution of Necessity No. 13-022 for the acquisition of real property for the State Route 91 Corridor Improvement Project (SR-91 CIP). He stated at the conclusion of this hearing, the Board will be asked to adopt the resolution of • necessity and he listed the findings. He explained the purpose of this hearing is to consider • the need for acquisition of the property and not to consider the value of the property. Tara Byerly, Deputy Clerk of the Board, verified the proofs of mailing that certify the notice was sent to the property owners of said parcel number are on file with the Commission. Ms. Byerly clarified there were no written objections, protests, and requests to be heard from owners and their representatives. At this time, Commissioners Kevin Jeffries, Paul Lewin, and Scott Mann joined the meeting. No. APN CPN Owner Amended Corr. Rec'd Request RON No. to be Heard 1 102-420-035 22124-09 Wardlow Property, 13-022 No No 22124-11 LLC Mark Lancaster, Right of Way Manager, presented the amended resolution of necessity for the SR-91 CIP and discussed the following areas: • Four findings required by the Board; • Project Map -Parcel location in the project area; • Parcel list; • • Offers of just compensation and contact summary for the parcels; Aerial view of parcels; and • • • • Riverside County Transportation Commission Minutes October 8, 2014 Page 3 • Staff recommendation. Chair Ashley called on any persons who wish to be heard that have an interest in property. There were no requests to speak. Chair Ashley then called on any other persons who wish to be heard. There were no requests to speak. At this time, Chair Ashley closed the public hearing. M/S/C (Gibbs/J. Benoit) to: 1) Conduct a hearing to consider an amendment to the previously adopted Resolution of Necessity No. 13-022, including providing all parties and their attorneys, or their representatives, an opportunity to be heard on the issues relevant to the resolution of necessity; 2) Make the following findings as hereinafter described in this report: 3) a) The public interest and necessity require the proposed project; b) The project is planned or located in a manner that will be most compatible with the greatest public good and the least private injury; c) The real property to be acquired is necessary for the project; and d) The offer of just compensation was not made in this circumstance. Instead, the property owner has stipulated to an additional deposit based on an appraisal for Fair Market Value. Adopt Amended Resolution of Necessity No. 13-022, "Adoption of an Amendment to Resolution of Necessity No. 13-022 for the Acquisition of Temporary Construction Easement and Temporary Access Easement Interests in Certain Real Property, by Eminent Domain, More Particularly Described as Assessor Parcel No. 102-420-035 located in Corona, Riverside County, California", for the State Route 91 Corridor Improvement Project (SR-91 CIP}, Between Pierce Street on the East to the County Line on the West, in Riverside County, California. 7. ADDITIONS/ REVISIONS There were no additions or revisions to the agenda. 8. CONSENT CALENDAR M/S/C (Hanna/Franklin) to approve the following Consent Calendar items . Riverside County Transportation Commission Minutes October 8, 2014 Page 4 BA. FISCAL YEARS 2015-19 MEASURE A FIVE-YEAR CAPITAL IMPROVEMENT PLAN FOR LOCAL STREETS AND ROADS-CITY OF NORCO Approve the FYs 2015-19 Measure A Five-Year Capital Improvement Plan (CIP) for Local Streets and Roads (LSR) for the city of Norco (Norco) as submitted. BB. FISCAL YEAR 2014/15 ANNUAL LOCAL TRANSPORTATION FUND PLANNING ALLOCATIONS TO WESTERN RIVERSIDE COUNCIL OF GOVERNMENTS AND COACHELLA VALLEY ASSOCIATION OF GOVERNMENTS BC. 1) Approve an allocation of Local Transportation Fund (LTF) planning funds in the amount of $672,375 for Western Riverside Council of Governments (WRCOG) and $366,750 for the Coachella Valley Association of Governments (CVAG) for efforts identified in each agency's FY 2014/15 LTF Program Objectives/Work Plan (Work Plan) that support transportation planning programs and functions consistent with regional and subregional plans, programs and requirements; and 2) Confirm that allocations of LTF Planning funds be related to activities that benefit the respective geographic regions through WRCOG or CVAG. MEMORANDUM OF UNDERSTANDING WITH THE SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS REGARDING THE IMPLEMENTATION OF THE 2012 REGIONAL TRAN"SPORTA"TION PROGRAM/SUSTAINABILITY COMMUNITIES STRATEGY Approve the Memorandum of Understanding (MOU) No. 15-65-022-00 with the Southern California Association of Governments (SCAG) regarding the implementation of the 2012 Regional Transportation Plan/Sustainability Communities Strategy (RTP/SCS). BD. AGREEMENT FOR CALIFORNIA HIGHWAY PATROL CONSTRUCTION ZONE ENHANCEMENT ENFORCEMENT PROGRAM SERVICES DURING THE CONSTRUCTION OF THE INTERSTATE 215 CENTRAL WIDENING PROJECT FROM SCOTT ROAD TO NUEVO ROAD IN THE CITIES OF MENIFEE AND PERRIS 1) Approve Agreement No. 13-31-035-01, Amendment No. 1 to Agreement No. 13-31-035-00, with the California Highway Patrol (CHP) for Construction Zone Enhanced Enforcement Program (COZEEP) services during the construction of the Interstate 215 Central widening project for an additional amount of $700,000, resulting in a total amount not to exceed $1,080,000; and 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the agreement on behalf of the Commission. • • • • • • Riverside County Transportation Commission Minutes October 8, 2014 Page 5 SE. AMENDMENTS TO AGREEMENTS RELATED TO THE CONSTRUCTION OF STATE ROUTE 74 CURVE WIDENING FROM CALVERT AVENUE TO CALIFORNIA AVENUE IN THE COUNTY OF RIVERSIDE NEAR THE CITY OF HEMET 1) Approve Agreement No. 12-31-056-01, Amendment No. 1 to Agreement No. 12-31-056-00, with RBF Consulting to provide additional construction management (CM) materials testing and construction surveying services for the State Route 74 curve widening project in the amount of $25,000, for a total amount not to exceed $435,545; 2) Approve an increase in the contingency for Agreement No. 13-31-139-00 with All American Asphalt (All American) to provide additional construction services for the project in the amount of $200,000, for a revised total contingency of $397,000, and a total amount not to exceed $2,367,005; 3) Approve Agreement No. 15-31-032-00 with Southern California Gas Company (SoCalGas) for utility relocation in the amount of $250,000; 4) Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the agreements on behalf of the Commission; and 5) Authorize the Executive Director to approve contingency work up to the total authorized amount of $55,000 as may be required for the project . 8F. 2014 AMENDMENT TO THE JOINT POWERS AGREEMENT FOR THE LOS ANGELES- SAN DIEGO -SAN LUIS OBISPO RAIL CORRIDOR AGENCY Approve No. 13-25-080-01, Amendment No. 1 to Agreement No. 13-25-080-00 with the Los Angeles -San Diego -San Luis Obispo (LOSSAN) Rail Corridor Agency to ensure the official agency name is correctly stated. 9. PURCHASE OF COMPUTER NETWORK EQUIPMENT THROUGH THE WESTERN STATES CONTRACTING ALLIANCE John Standiford, Deputy Executive Director, provided an overview for the purchase of computer network equipment through the Western States Contracting Alliance (WSCA). Commissioner Ben Benoit expressed support for the network equipment purchase and discussed his involvement in the proposal process and selection of Novanis. He stated the Commission is capable of handling this and is headed in the right direction as the organization grows especially with an offsite backup situation and virtual servers. In response to Commissioner Terry Henderson's concern the WSCA contract is hard to read, John Standiford replied this is the contract that governs WSCA and there would be a separate agreement with HP directly . Riverside County Transportation Commission Minutes October 8, 2014 Page 6 In response to Commissioner Jesse Molina's request for clarification regarding the software, John Standiford replied it is included in this purchase. M/S/C (B. Benoit/Gibbs) to approve the purchase of computer network equipment from HP through the Western States Contracting Alliance (WSCA} -a subsidiary of the National Association of State Purchasing Officials (NASPO} - Agreement No. 821764 to implement the proposed infrastructure system design in the amount of $302,000, plus a $48,000 contingency, for a total amount not to exceed $350,000. 10. RECOMMENDATIONS FOR PRIVATE USES AND UTILITIES ON COMMISSION PROPERTY Mark Lancaster, Right of Way Manager, provided a brief overview for the Perris Valley Line (PVL) and the San Jacinto Branch Line (SJBL) license agreements. He introduced Kim Bibolet, Epic Land Solutions, Inc., to present the PVL update and the San Jacinto remainder status. Kim Bibolet presented the contract review for the PVL update and the San Jacinto remainder status, highlighting the following areas: • • • Commission-owned rail properties map; Definitions and contract review objectives; Private uses: Adopted ptihcies and resolution of private uses along the PVL; • PVL versus San Jacinto remainder private use type; • Private use fair market rent and rental rates for San Jacinto private uses; • Summary of current contract and proposed annual rent for San Jacinto private uses; • Private and public utilities and member agencies: Adopted policies, Riverside County Flood Control District (RCFCD), resolution of private utilities and member agencies along the PVL; • Summary of current contract and proposed annual rent for San Jacinto remainder utilities and member agencies along San Jacinto remainder; • Proposed next steps for the San Jacinto remainder; and • Staff recommendations. In response to Commissioner Steven Hernandez's request for clarification regarding the Commission's competitiveness excluding the public agencies, Kim Bibolet replied there was a value analysis done and the main objective is not necessarily to collect rent, it is to get the necessary indemnification. Steve DeBaun explained the BNSF Railway license agreements that existed along the line charged almost no rent and were entered into for liability purposes. • • • • • • Riverside County Transportation Commission Minutes October 8, 2014 Page 7 At Commissioner Molina's request for clarification regarding the uncooperative owner, Anne Mayer replied despite all of the Commission's attempts to make this as effortless as possible, this property owner will not agree to remove any of its property, pay rent, nor sign a license agreement. Steve DeBaun explained this property owner was encroaching on Commission-owned property, never had a license agreement with BNSF Railway, and has been using the property without permission. Commissioner Henderson commended staff and the consultants for their efforts. Anne Mayer explained there are several other corridors throughout the county where there will be related issues with respect to utility crossings and license agreements. Staff wanted to share this as a resource. She expressed appreciation to the team for their persistence, as well as the sensitivity in dealing with these property owners and utilities along this corridor. M/S/C (Hanna/Henderson) to: 1) 2) 3) Receive an update to the Perris Valley Line (PVL) license resolution; Authorize staff to move forward with negotiation of rates as outlined in the staff report for private use licenses; and Authorize the Executive Director, pursuant to legal counsel review, to execute license agreements along the San Jacinto Branch Line. At this time, Commissioner Bob Magee left the meeting. 11. STATE AND FEDERAL LEGISLATIVE UPDATE Aaron Hake, Government Relations Manager, presented an update on state and federal legislative activities, highlighting the following areas: • Regulations -Rule, agency, issues, partners, and status; • Bills vetoed and approved; • SB 1077: Road user charge; and • Cap and Trade program set up, Brown Administration efforts continue, and gearing up for next legislative cycle. Anne Mayer expressed these extremely significant funding and policy issues are going to highlight the Commission actions in 2015. She explained the Commission will be engaged at a much more significant level from a staff perspective and participate in working groups and committees to ensure the Commission is involved in developing the policy. Anne Mayer stated staff will update the Commission frequently to discuss the forthcoming policy Riverside County Transportation Commission Minutes October 8, 2014 Page 8 issues and to get direction and guidance. She stated it is likely the Quality of Life and Sustainability Ad Hoc Committee will be engaged in these discussions as next year is probably going to be policy intense from a state viewpoint. In response to Commissioner Paul Lewin's request for clarification about the vehicle miles traveled (VMT) with regard to the California Environmental Quality Act {CEQA) and how to predict how many miles people may drive, Aaron Hake replied staff will watch this closely to see how it is defined on what induces VMT and what mitigation measures would be required to evaluate if a project induced VMT. He explained another issue being raised is how to determine an adequate model to measure what creates or reduces VMT. Commissioner Lewin expressed appreciation for Aaron Hake's presentation and asked how the Commissioners can engage, especially in the Coachella Valley. Aaron Hake stated the comment period for the CEQA guidelines update is currently open until November 21 to submit comments to the Governor's Office of Planning and Research. He explained the Commission's legal counsel can connect with the cities to share where the comments will be sent, how to submit the comments, and share the Commission's comments. Additionally staff will send the Commissioners the link that includes the draft and how to communicat~ that. He reiterated the November 21 deadline and stated these rules may not be implemented immediately as there are numerous comments being received and the timeline may be extended with regard to how this will eventually be implemented. · Anne Mayer strongly recommended those Commissioners that participate in the League of California Cities as well as the California State Association of Counties {CSAC) raise this issue with those organizations as well. She mentioned the Commission is a member of California Association of Governments (CALCOG) and Commissioner Greg Pettis is the representative, Commissioner Jan Harnik is the CVAG representative to CALCOG, and the Commission has representation on the Southern California Association of Governments (SCAG). Anne Mayer expressed participation and having a coalition through those other organizations will be significant. In response to Commissioner John Benoit's question if CVAG is engaged with the Commission in this lobbying effort, Aaron Hake replied there has not been communications with CVAG however, CVAG are members of CALCOG within the past 30 days. Commissioner J. Benoit requested Aaron Hake contact Tom Kirk, CVAG Executive Director, as soon as possible to discuss this issue. Commissioner Jan Harnik concurred with Commissioner Lewin's comments and requested all of the Commissioners receive additional information concerning CEQA in order to be a part of this conversation. • • • • • • Riverside County Transportation Commission Minutes October 8, 2014 Page 9 Aaron Hake concurred. In response to Commissioner Terry Henderson's question about being appointed to the Committee that the California Transportation Commission (CTC} is creating, Aaron Hake replied the rules have not been written and stated there is a CTC meeting today so information should be coming out soon. Anne Mayer stated staff may discuss this with CTC Commissioner John Tavaglione. Commissioner Karen Spiegel requested staff distribute the State and Federal Legislative Update presentation to the Commissioners along with the address for the CEQA guidelines, and any definitive information related to CEQA. Aaron Hake concurred. M/S/C to receive and file the State and Federal Legislative Update. 12. ITEM(S) PULLED FROM CONSENT CALENDAR FOR DISCUSSION 13. There were no items pulled from the Consent Calendar . COMMISSIONERS/EXECUTIVE DIRECTOR'S REPORT 13A. Commissioner J. Benoit commended the tax payers of Riverside County and the leadership of the Commission regarding the 1989 Measure A. The last project of the 1989 Measure A in the Coachella Valley, the widening of Fred Waring Drive was completed in September 2014. At this time, Commissioner Spiegel and Governor's Appointee Basem Muallem left the meeting. 14. CLOSED SESSION 14A. CONFERENCE WITH LEGAL COUNSEL: EXISTING LITIGATION Pursuant to Government Code Section 54956.9 (d)(l) Case No(s). RIC 1211222 There were no announcements from closed session item(s) . Riverside County Transportation Commission Minutes October 8, 2014 Page 10 15. ADJOURNMENT There being no further business for consideration by the Riverside County Transportation Commission, adjourned the meeting at 10:44 a.m. The next Commission meeting is scheduled to be held at 9:30 a.m., Wednesday, November 12, 2014, in the Board Room, at the County of Riverside Administrative Center, 4080 Lemon Street, Riverside, California. Respectfully submitted, ,j''.U\u~, Bjdj-- Tara S. Byerly Deputy Clerk of the Board • • • • • • AGENDA ITEM 6 PUBLIC HEARING • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: November 12, 2014 TO: Riverside County Transportation Commission FROM: Mark Lancaster, Right of Way Manager THROUGH: Anne Mayer, Executive Director Adoption of an Amended Resolution of Necessity for the Acquisition of Fee and Temporary Construction Easement Interests in Portions of Certain Real Property by Eminent Domain, More Particularly Described as Assessor Parcel SUBJECT: Nos. 118-050-001, 118-050-002, 118-111-001, 118-111-002, 118-111-003, and 118-111-004; Located in Corona, Riverside County, California, for the State Route 91 Corridor Improvement Project, Between Pierce Street on the East to the County Line on the West, in Riverside County, California STAFF RECOMMENDATION: This item is for the Commission to: 1) 2) 3) Conduct a hearing to consider the adoption of an amendment to resolution of necessity, including providing all parties interested in the affected property and their attorneys, or their representatives, an opportunity to be heard on the issues relevant to the resolutions of necessity; Make the following findings as hereinafter described in this report: a) The public interest and necessity require the proposed project; b) The project is planned or located in a manner that will be most compatible with the greatest public good and the least private injury; c) The real property to be acquired is necessary for the project; and d} The offer of just compensation has been made to the owner. Adopt Amendment to Resolution of Necessity No. 13-081, "Resolution of Necessity for the Acquisition of Property Interests in Certain Real Property, by Eminent Domain, More Particularly Described as Assessor Parcel Nos. 118-050-001, 118-050-002, 118-111-001, 118-111-002, 118-111-003, and 118-111-004 located in Corona, Riverside County, California", for the State Route 91 Corridor Improvement Project (SR-91 CIP), Between Pierce Street on the East to the Riverside/Orange County Line on the West, in Riverside County, California. BACKGROUND INFORMATION: The Commission is being asked to consider the adoption of an amended resolution of necessity to acquire the interests in the parcels listed below. These interests are required for construction of the SR-91 CIP . Agenda Item 6 1 The power of eminent domain is used by the Commission only as a last resort to obtain interests necessary for public highway projects after 1) negotiations have stalled; 2) the owner requested the Commission proceed directly to eminent domain for tax or other advantages; or 3) the eminent domain process is necessary to clear the title to the property. In this case, an offer of just compensation has been made to the owner for the full Fair Market Value as determined by an appraisal. Commission staff attempted to negotiate amicable settlements in good faith, and will continue to do so throughout the process. Fair Market Value is defined by the state of California and is one of the most inclusive definitions in the United States. It requires the highest and best use of the property be considered. All of the Commission's appraisals must meet the California definition of Fair Market Value. One of the requirements for acquiring property for improvement projects is that an offer of just compensation be made to the owners of the property. The Commission makes these offers in person whenever possible. The amount of compensation is determined by appraisals prepared by independent appraisal firms licensed by the Bureau of Real Estate Appraisers. The content of these appraisals, what elements are considered in these, and the methodologies used in the preparation are all proscribed by various laws and the Uniform Standards of Appraisal Practice (USPAP), published by the Appraisal Foundation. The Federal Government recognizes the USPAP as generally accepted appraisal standards and requires USPAP compliance for appraisers in federally related transactions. Every appraisal calculates the market value of the acquisition as defined by the California Code of Civil Procedure, based on the highest and best use, as • defined in USPAP, and includes consideration of severance damages and project benefits (also • defined in the California Code of Civil Procedure). In every case, the owner is invited to accompany the appraiser during the site visit so that as much information as possible is considered in the appraisal. A review appraisal prepared by a different certified appraiser is then conducted to ensure all proper procedures were followed. Additionally, in accordance with state law, every owner is offered up to $5,000 to reimburse the property owner for the cost to have its own appraisal prepared. Staff will bring to the Commission those interests that meet one of the criteria above. The timing of these resolutions will balance the need to give the property owners as much time as possible to reach an agreement, while at the same time allowing enough time for the Commission to go through the process to obtain possession in time to avoid delays to the design-build contractor. The legal process from adoption of the resolutions of necessity to receiving legal possession of the properties takes approximately 150 days. California eminent domain law provides that a public entity may not commence with eminent domain proceedings until its governing body adopted a resolution of necessity, which resolution may only be adopted after the governing body has given each party with an interest in the affected property, or their representatives, a reasonable opportunity to appear and be heard on the following matters: Agenda Item 6 2 • • • • 1) 2) 3) 4) The public interest and necessity require the proposed project; The project is planned or located in a manner that will be most compatible with the greatest public good and the least private injury; The real property to be acquired is necessary for the project; and The offer of just compensation has been made to the property owner. Since an agreement has not been reached with some property owners, it may be necessary to acquire necessary interests by eminent domain. The initiation of the eminent domain process is accomplished by the Commission's adoption of resolutions of necessity for the affected properties. Record property owners must be afforded an opportunity to appear at the hearing and lodge objections. A notice of this hearing was sent by first class mail to the owners, and stated the Commission's intent to consider the adoption of resolutions, the right of the property owners to appear and be heard on these issues, and that failure to file a written request to appear would result in a waiver of the right to appear and be heard. The Commission scheduled this hearing at which all persons who filed a written request in compliance with applicable law may appear and be heard. Aerial views of the parcels subject to this staff report in relation to the SR-91 CIP are attached. Finding 1: Public Interest and Necessity Require the Project SR-91 in Riverside County ranks among the nation's worst commutes. Stop and go traffic is the norm, especially during morning and late afternoon rush hours. Traffic congestion on eastbound SR-91 between the cities of Anaheim and Corona is routinely among the worst 15 areas in the nation. SR-91 is continuing to experience increased congestion as a result of population growth in Riverside and San Bernardino Counties and the increase in jobs in Los Angeles and Orange Counties. Demographic projections for the Southern California Association of Governments region show population and employment in Orange and Riverside Counties are forecast to increase substantially by 2035. As a result, traffic volumes on SR-91 are expected to increase by approximately 50 percent by 2035, which would result in even greater congestion and delays on SR-91. The existing travel demand on SR-91 has led to a heavy directional commute pattern between Los Angeles, Orange, and Riverside Counties that is projected to continue into the future. SR-91 is the only major highway that links Orange and Riverside Counties. Extending from the Orange County/Riverside County line in the city of Corona to Pierce Street in Riverside, the SR-91 CIP will add mixed flow lanes, tolled express lanes, improve interchanges, bridges, ramps, and local streets. New freeway to freeway ramp connections between the SR-91 and Interstate 15 also will be made . Agenda Item 6 3 The SR-91 CIP is designed to reduce delays, improve air quality, offer a choice between regular (mixed flow) lanes and express lanes, allow faster emergency response, relieve local street congestion, and provide better access to public transit and commuter rail. Finding 2: The Project is Planned or Located in a Manner Most Compatible with Greatest Public Good and Least Private Injury A thorough analysis was conducted to find the single best location for the SR-91 CIP. Environmental analyses and findings indicate the chosen alignment uniquely satisfies engineering, public health, and environmental issues, and is the most compatible with the greatest public good and least private injury. To minimize private injury, a thorough analysis regarding the need for each property and each interest was conducted in the planning stages of the SR-91 CIP. Efforts during the planning stages included conducting public outreach meetings and seeking feedback about the SR-91 CIP alignment and potential impacts. Staff also met regularly with various local agencies and businesses to determine if modifications to the alignment were necessary to minimize impacts. These efforts continued over the course of years to ensure the alignment design achieved the greatest public good with the least private injury. As part of the acquisition process, unless settlement was reached within the first 30 days after • an offer was made, every property owner was provided an opportunity to participate in • meetings with project staff. The goal of these meetings was to minimize private injury not only on the basis of information staff obtained through the planning process, but also on the information provided by the property owners. As a result, staff has in some cases included mitigation measures to reduce and minimize impacts to the property. Compliance with the California Environmental Quality Act has been satisfied by Caltrans' certification of an environmental impact report (EIR) in its role as lead agency on August 8, 2012, and the Commission's subsequent consideration of that certified EIR in its role as a responsible agency on November 14, 2012. Finding 3: The Real Property to be Acquired is Necessary for the Project The property interests sought below have been analyzed to determine if a feasible design alternative that exists would alleviate the need for the interest. As indicated above, the property owners of the interests were invited to meet with project staff and provide input to address any concerns the owners may have with the design of the SR-91 CIP in the manner proposed and the necessity of the acquisition. To the extent the owners raised such concerns; staff took those concerns into consideration and attempted to make design modifications as feasible as possible. In the end, staff recommends the following interests in real property are necessary for the project. Agenda Item 6 4 • • • • Amended RON No. 13-081 -Owner: VEJ Corona, L.P. a California limited partnership; APNs 118-050-001, 118-050-002, 118-111-001, 118-111-002, 118-111-003, and 118-111-004; CPNs 22171-7 and 22171-8 The real property commonly known as Assessor Parcel Nos. (APNs) 118-050-001, 118-050-002, 118-111-001, 118-111-002, 118-111-003, and 118-111-004 is owned in fee by VEJ Corona, LP. (VEJ) a California limited partnership, and is located at 1501-1598 Pleasant View Avenue, and 504 S. Smith Avenue, in Corona, California. The property is roughly triangular in shape and consists of approximately 299,408 square feet of land area. It is currently improved with multi- family residential buildings, associated parking lots, and other improvements on 16 separate parcels, 6 of which are being affected. The property is bounded by SR-91 to the north and west, Pleasant View Avenue to the south, and S. Smith Street to the east. Previously, the design of the SR-91 CIP necessitated the Commission acquire building demolition easement, permanent utility easement, permanent wall footing easement, temporary access easement, and temporary construction easement interests in portions of the property because the north side of the property is impacted due to the proposed widening of SR-91 by about 40 feet to the south. A modified construction approach eliminated the need for the building demolition easement, the temporary access easement and the permanent utility easement, instead utilizing the four new temporary construction easements to stabilize the utility poles during construction . On November 13, 2013, the Commission adopted Resolution of Necessity No. 13-081 for the acquisition of the property interests listed above in portions of the property. An action in eminent domain was filed in the Riverside Superior Court on June 5, 2014. Recently, the Commission was informed by the design builder that additional property was necessary due to design changes, including a small 12 square foot fee and four temporary construction easements. The property sought to be acquired at this time is in addition to the property identified in Resolution of Necessity No. 13-081, and therefore must be acquired by the adoption of an amended resolution of necessity. The complaint filed in court will be amended to partially abandon the building demolition, permanent utility easements and temporary access and include the new fee and temporary construction easements now sought. The property owner's attorney stipulated to this amendment and the stipulation was filed with the court on September 15, 2014. Legal definition(s), legal description(s) and/or plat map(s) of the portions sought to be acquired are attached as an exhibit to Amended Resolution of Necessity No. 13-081. An aerial view of the parcel and the parcel's relationship to the SR-91 CIP is also attached. A Notice of Hearing to the property owners was mailed on October 24, 2014 . Agenda Item 6 5 Finding 4: Offers of Just Compensation Have Been Made to the Property Owners Litigation guarantees were obtained from Commonwealth Land Title Insurance Company to confirm and identify the parties with an interest in the parcels affected by the SR-91 CIP. The Commission then served the affected property owners and other interested parties as appropriate, with a notice of the Commission's decision to appraise the property. The Commission had the real property interests appraised by the real estate appraisal firms of Kiley Company and lntegra Realty Resources-Los Angeles and the appraisal review were prepared by the Commission's appraisers Overland, Pacific, and Cutler, respectively to establish the Fair Market Value of the property interests the Commission is seeking to acquire from the parties identified herein. Offers of just compensation were made to the property owners to purchase the property interests, based on the approved appraisals, as required by Section 7267.2 of the California Government Code. However, the Commission will acquire the interests necessary and set forth above from the property owner to ensure the property will be available to meet the time frames associated with the construction of the SR-91 CIP. Fiscal Impact • There is no fiscal impact due to adoption of the resolution of necessity. All property acquisition • expenses are included in the SR-91 CIP budget. Attachment: Amended Resolution No. 13-081 • Agenda Item 6 6 • • • ATTACHMENT 1 AMENDED RESOLUTION NO. 13-081 RESOLUTION OF NECESSITY FOR THE ACQUISITION OF FEE AND TEMPORARY CONSTUCTION EASEMENT INTERESTS IN PORTIONS OF CERTAIN REAL PROPERTY, BY EMINENT DOMAIN, MORE PARTICULARLY DESCRIBED AS ASSESSOR PARCEL NOS. 118-050-001, 118-050-002, 118-111-001, 118-111-002, 118-111-003, AND 118-111-004 LOCATED IN CORONA, RIVERSIDE COUNTY, CALIFORNIA, FOR THE STATE ROUTE 91 CORRIDOR IMPROVEMENT PROJECT, WHICH COVERS THE AREA BETWEEN PIERCE STREET ON THE EAST TO THE COUNTY LINE ON THE WEST, IN RIVERSIDE COUNTY, CALIFORNIA WHEREAS, the Riverside County Transportation Commission (the "Commission") proposes to acquire fee and temporary construction easement interests in portions of certain real property, located in Riverside County, California, more particularly described as Assessor Parcel Nos. 118-050-001, 118-050-002, 118-111-001, 118-111-002, 118-111-003, and 118-111-004 (CPNs 22171-7 and 22171-8) for the SR-91 Corridor Improvement Project in Riverside County, California, pursuant to the authority granted to it by section 130220.5 of the California Public Utilities Code; and WHEREAS, pursuant to section 1245.235 of the California Code of Civil Procedure, the Commission scheduled a public hearing for Wednesday, November 12, 2014 at 9:30 a.m., at the County Administration Building, Board of Supervisors Chambers, at 4080 Lemon Street, Riverside, California, and gave to each person whose property is to be acquired and whose name and address appeared on the last equalized county assessment roll, notice and a reasonable opportunity to appear at said hearing and be heard on the matters referred to in section 1240.030 of the California Code of Civil Procedure; and WHEREAS, said hearing has been held by the Commission, and the affected property owner and other interested parties were afforded an opportunity to be heard on said matters; and WHEREAS, the Commission may now adopt a Resolution of Necessity pursuant to section 1240.040 of the California Code of Civil Procedure; NOW, THEREFORE, THE COMMISSION DOES HEREBY RESOLVE AND DECLARE AS FOLLOWS: Section 1. Compliance with California Code of Civil Procedure. There has been compliance by the Commission with the requirements of section 1245.235 of the California Code of Civil Procedure regarding notice and hearing. Section 2. Public Use. The public use for the fee and temporary construction easement interests in portions of certain real property to be acquired is for the SR-91 Corridor Improvement Project in Riverside County, California. Section 130220.5 of the California Public Utilities Code authorizes the Commission to acquire, by eminent domain, property necessary for such purposes . 7 Section 3. Description of Property. Attached and marked as Exhibit "A" are the legal definitions, legal descriptions and assessor parcel maps of the portions of the Larger Parcel upon which the fee and temporary construction easement interests to be acquired by the Commission are located, and which describe the general location and extent of the property with sufficient detail for reasonable identification. Section 4. Findings. The Commission hereby finds and determines each of the following: (a) The public interest and necessity require the proposed project; (b) The proposed project is planned or located in the manner that will be most compatible with the greatest public good and least private injury; ( c) The property defined, described and/or depicted in Exhibit "A" is necessary for the proposed project; and ( d) The offer required by section 7267.2 of the California Government Code was made. • Section 5. Use Not Unreasonably Interfering with Existing Public Use. Some or all of the real • property affected by the interest to be acquired is subject to easements and rights of way appropriated to existing public uses. The legal descriptions of these easements and rights of way are on file with the Commission and describe the general location and extent of the easements and rights of way with sufficient detail for reasonable identification. In the event the herein described use or uses will not unreasonably interfere with or impair the continuance of the public use as it now exists or may reasonably be expected to exist in the future, counsel for the Commission is authorized to acquire the herein described interest subject to such existing public use(s) pursuant to section 1240.510 of the California Code of Civil Procedure. Section 6. More Necessary Public Use. Some or all of the real property affected by the interest to be acquired is subject to easements and rights of way appropriated to existing public uses. To the extent that the herein described use or uses will unreasonably interfere with or impair the continuance of the public use as it now exists or may reasonably be expected to exist in the future, the Commission finds and determines that the herein described use or uses are more necessary than said existing public use. Counsel for the Commission is authorized to acquire the herein described real property appropriated to such existing public uses pursuant to section 1240.610 of the California Code of Civil Procedure. Staff is further authorized to make such improvements to the affected real property that it determines are reasonably necessary to mitigate any adverse impact upon the existing public use. Section 7. Further Activities. Counsel for the Commission is hereby authorized to acquire the hereinabove described real property in the name of and on behalf of the Commission by • 8 • • • eminent domain, and counsel is authorized to institute and prosecute such legal proceedings as may be required in connection therewith. Legal counsel is further authorized to take such steps as may be authorized and required by law, and to make such security deposits as may be required by order of court, to permit the Commission to take possession of and use said real property at the earliest possible time. Counsel is further authorized to correct any errors or to make or agree to non- material changes in the legal description of the real property that are deemed necessary for the conduct of the condemnation action, or other proceedings or transactions required to acquire the subject real property. Counsel is further authorized to reduce or modify the extent of the interests or property to be acquired so as to reduce the compensation payable in the action where such change would not substantially impair the construction and operation for the project for which the real property is being acquired. Section 8. Effective Date. This Resolution shall take effect upon adoption. APPROVED AND ADOPTED this 12th day of November, 2014. ATTEST: Jennifer Harmon, Clerk of the Board Riverside County Transportation Commission Marion Ashley, Chair Riverside County Transportation Commission 9 • • • , 10 • • • t&gal Definitions of PropertY; tg be Acauir~ The. follQwiug is a list of dBfinitiom of legal rights to be acquired by Rivm:side County Ttanspolilltton Commbsion: "Fee'' aJao ~W.1) as fee simple or fetl' shnJ?le absolute, gnmts to l\CTC absolute o~ of the ,Pt>rlion of1" properiyto be acqm,:ed. '-t~ ~Qll ~ (T9J!)~' refers to the right of.RCTC, itJ a~Ol'S QlUt fl&~ . . ~·· . ln CQDStmation mid related aetivities for the projed; tophet • au n . tss and e~s. to the easement area 1n conneatiou with the eift&e of &AY of~1-~tislJ.ts1 SqolJ. .J~.be ox~ for a period of 12 months. beginni»g no fewer thmi 72 hmus atm: the tfaa: R.CTC provides written notice of commencem_ent of p(lssession to. tho .prop.er.Cf owner. The ~tm;ii of the rights un®t this ~etnent shall not extend beyond November fi,. 2017~ or~~ofllNoU~of Co.inpletion, which~ is earlier. · · . 1~.o,mer~ uot cause, directly, indirectly or negligently, any Int~ with or iJmrfotae righlS r:<mveyed hereunder • 173gf,(JZI 00\9106630.1 EXHIBIT A, PAGE 1 11 • • • 12 • 1 2: 3 4 ! d t 81 t 10 u .lJ l3 14 1-' • 1' 11 18 19 il' 2.l 22 23 24 2S ; 25. 21 2B 29 30 31 • PSOMAS EXHIBIT 'Gl' LEGALDESCRIPTIQ?i mflieQtY of'CQron~ Count¥ of Riverside, State of.Califom.ta, ~ apomon ofth.e Jao4~mtW certain Granto~ recotded o~uer~.2003 ean~emNG. 200M!12~of Offioi~.Reeoros of said ColmtY. ,a,141u also beibg·f:p~of Lot 11. ~ ofl'motNo. 2163i asshown;on?batmapteeord1dmBookS°' ~aps91 and 92. of~. in the of6ee.ofthe CountJ Reeotder of«mid eoWity., ~.tu toll.on: lr~g aUhe most westerly comer of Lot ll~ thence North 79~91 03u last36 .. tl feet . ·~:pg thet10Idierly line of mid lot to apointtb..eteon; thence Sootll 78~9~" w~~ .. ~& .£e$toa.pnint~.u,,thesouth~erly line ofsaid·I,.ot ll;.thenoeN«th82901.'63•Wfft2.l? a.tilotjg.~ aaid Iine10 the Point ~Beghmiu,g. ~:con~ce is made for the purpose of a freeway and the Gnmtor}le.reby xeleases and relinquishes 10 the Grantee any and all abutter's tights .or aece,ss,. app~ to Grantor's~ property, hi and to said.free~y. See Exhibit ~02· attached hereto and made a part hereof. The ~es descrlbed herein are grid distances and are based on Califomia Ooordinate S)'Sfel1l of 1983, Zone 6, 2007.00 epoch. Ground distances may be obtained by dividing grid ~istances by the mean combination factor of the courses being desQlloed. The mean oombmation factor for this conversion is 0.99997416. EXHIBIT A, PAGS 2 13 PSOMAS 2 Prepar~ under the dire.ctlo~ pf 3 4 5 ' • ,, *'1 E. BUtla•JtS §40. '1 a 9 lO 11 l'l . IS 14 u l~ 17 la 1~ ~ 21 ~· 23 24 25 ~6 21 2:8 29 3Q 31 Date P:\'.WIG010501\StffiVBY\Ui!OALS\2ll11_/\PN_JI8.0Sll-oOl,002&.ll8·lll.001,002,003,004\Lepls\2217l-7-FBB.dQo~2'Qf;t 71212014 EXHIBIT A, PAGE 3 14 •• • • EXHIBIT G2 • PARCEL# TrTLE AREA 4PN 118-050-002 22171-7 FEE 12 SF • CORVE T AB~E . . . or -A::S 26~00' l::;: 39.26' A=~l9°59'18° . C2 R=126.4S' L::;: 157.87' A.::;:30°45'08*' C3 -R•186.45' L=100.07' A=30°45'08" LEGEND (R) lnctiaotes Roctlol Bearing c:::::::J Title to Stote t 11' I Ac;;eess Prohibited NOiES 22171""7 • SHE.E.T NO. TOTAL SHEETS 15 EXHIBIT G2 ~PARCEL# TITLE AREA APN 22171-7 FEE 12 SF • LEGEND PSRRAR~ 13f':~, n~l'i': 12 .. n .. 2013 RE:v. 1; 01;,;02-2014 p s & . M A s QI$TfUGT COUNTY ROUTE SHEET RM 2do tr<111> 8 RJV 91 4~6 .~ 16 • PSOMAS • • 1 EXHIBIT 'HI t 3 4 .• Q~JWl!1nd.1~~1W s 1!!1d'l11i¥~!(9D~1l$~Jlta~ 6 APl'fe U,e~~~tM>Ol, ·oat ll~~llt..Qff~ QO~ flQB .t 004 7 s ~~Cit! ofE;i~ CDlUU$.oflliv~ ~:afeatifor,Dia~J'ema a:pani011 of& 9 ··~ ~l1~~lm~~~;~~~~~~.~~QQ! a&~Ocmmtmtlfo. 10. 2G03-iU~QaofQffi~~of~~ei0*1l~.bemrapP11ionofl.oti 11 tin'oush 1~, ~ of Tfaot.No •. 21()3, PS shown on:that map tecorded in Book SQ. u 12 13 l4 1, lf) 17 18 19 29 .. 21 22 23 24 2$ 26 21 28 29 30 3I · Ptti'S fl end 92, oflla~, JA ~.of.fice otU:= 0:)1mty ~ ofsaid county, ~ed asfollowa: Parc~ll le~•'gi;:~:tlJl~~~~~ofiti«~ ltl~thenco South0$041i~sn Welt lltU fat 8.1 . ..t............ ,t. ... rt-:._,,~,.. 1-........ ~. • d · b · •tu.. ' • f /·/~ .... =·~·~ifi·.~~~·~to1~~·~··1'•. eu;l.S·~-1!$~0 ~~~Jtmt,WJtAtlt1o~w?~•~UtilityJ!s~-..~.1o&otwi~ .f · .. ·A.,;i!J~.i:w....···:·.· :i....,.~2 t•O(N nMT"'~.·~ ··~•·•·,.. iNi.·· .. 'W'it\l!l't1: ;;;..·t: t"'\:ct::AA1 .. 'D'.""'. tf ofsaid.·. ..~~~""• ~• lri! •.. '·""'" H!l1t~ .. ,. *~v,1.. v~m~"IPX. S C~ th~~t~1Q:i11 'W'.•t ~~13 ~t'.·~J•theaaid'i.SouthetlyJhle to a:poi:q\•BAitpoi\lt.l:>eJoa tJie ~erf~t ofB~~g~ SoUt.,lt l 0"20'57 11 Bast .S>.95 ~~~p.®'S~uth 7fj~10l11 West~P.flP!~tth•e•NoI'th16~1!1" 'W8St9.9S feet to· a point on said southerly b_. said.point hereinafterwWenced as Point '~A"; thence North 19°39~00 11 Bast 20~00 feet along said southerly line to the True Pobtt of BegbminfJ. Containing 199 square feet EXHIBIT A, PAGE 13 17 PSOMAS 1 i Parcfd2 3 4 BcpQinf atsf;dd!oint "Au of P~l l '8 ~iidf•}i1~1f~~· fo~ti s ''~S1~11 WDSt24833 feet dong the s0utherly lim,ofa~ ··.Lt. 11' .. " ~rec~~23,.W64,p.1r~'lfQ~ ~aetc•1.,.~~.W 7 C~:tfta.point, s314pe>int Wns the TrJle P.oWofl~~-~3~~t~Ol5'r a ~-~~Srmth 7S>~,0~11 Welt2').QOMfj)I1itf.i~~· ~. 4 t>a•to~m1Pid·scmb9'lylin~~po1tit~,·~~fA~~~· 1Q ' 1blita~1"19'0!''1 &st2llh4JO'teet.i0l)g~dd~-ltft~'1~~ 11 1f~ttina . ,,,,,_ __ , 11 13 ~199 squttto &et. 14 is. farllc;J;& t(i n ; . ll~fitii!ddt1o~B''otPtttcell·f,W¢md~;&~~~ ~lb. 1a 1~9*·W-94+86'~,alon8the sodadfline of. ''"~JO~ 19 ~·~ O~.,b~!B, 1994, ~ ~-~~~150B otiltf1Qiltlt~omof1dil n_,.,..._-., .....Gnt, ,"...t"'J"'A. int.be.in +i.-~eiloinl:~tli~.· · ··lw""1 '· '41.. . '··. • · :ii • ... ;..~,t .A~"'iji.n!l\ ""°"'~ ak.t<""-"f i-~ 8 ~ .r;~:I'. "'"':~'1.S~~~~SO!iW .. W';;l."1"lW Baat9.9S &ot;tie..oe south 19°39fOS" Wt~20.0f1•ti~i~iodo•°"·~ West 21 22 9.98 fut to I. wofnte smd soutbr-1yline §id oinf 1'...:....t ... ·,;.a. ..... ,.oea .. l!l ... ~iii+. ~ ... . . .. ·. J;' . :n . . . ~ . , . p . ~~~ . . . . . .~i£1AJ.\lii "" • ~. lle1'.•Jf~ 79~9103 8 .East20~00 metal®g said~~~mlltin6f.tc)f 24 Be~g. 2S 26 Containing 199 square feet. 27 28 · Parce14 ~ 30 :Oegimlfng at said Point "C" of Pa.reel 3 as said paxceJ is cl~o~fbed herein;, theace South 3l 19°39'03" West 125.01 feet along the southerly line ofaPulllipUtWty~em€mt~ 10 &et EXHIBIT A, PAGli 7 18 • • • 2 3 4 5 6 "/ 8 g 1-0 11 l2 t3 14 15 • 16 l"/ l8 1!) 20 21 22 2$ 24 25 26 27 28 29 3-0 31 • PSOMAS wide, recorded October 23, 1964, per Instrument No. 129015 ofOf.fioial Records of said Ooun.t;y to a point1 said poUit being the True P'Oint of Begjnuing; thence South 101120'57'' East 9.95 feey thence South 79°39'0.3 11 West 20.00 feet; thence North 10<'20'5711 W• 9.9S f~ to 1cpoint on said sautherly lin~ thence Narth 79°39103 11 East 20.00 feet along said. S"Q~ly hto the True: Point ofBeginnhtg. 'Ill;e dis.tmces desoribed,hetein are gdd distances and tij;e based on California. Co.otdimtD System of 1989.. Zone (i, 3001.00 epoeb.. Ground ~ance3 n;iay be obDed by~ ada~ by the mean combination factor of tbe toursesl?emg clescribed. ~ meaa combination facto? for this conversion. is 0.9999.7476. Brlan s~ Bulloot, PLS 5260 Date P;\1M'GOt050l'8URWY\U3GALS\22111_APN_I l8-050.00!,002&1l8-ll1.(ll)l,002,003,004\Legnl$\22171·8-TCJ!.doe 7~3 of3 EXHIBIT A, PAGE 8 19 • • • 20 • • • PARCEL# TITLE 22171-8 PCL 1 TCE (8) TPOB PQB ) (1 ,J TCE TCE ln i;qte~ ~dt<JI .aeorlng TM.le· Point Qf t~lnning Point of leginning ntllll to State Acoess Proht1:>fted NOTES · dord no ~a (JO bear. ngs <1re on ccs 198!(2007 .. oo) Zone 6, Dlstonces on~ stcitil;mfng ore grid distances. Di.vide l:>Y 0;99997476 +o obtain ground dlston~s. All distonces ore In feet 1.Jnless 9therwlse noted. EXHIBIT H2 AREA APN 199 SF 118-111-003 & 004 199 SF 118-111-001 & 002 11 a-0~0-001 ' 118-111-0Q1 22171.-.8 TEMPORARY CONSTRUCTION EASEMENT FEET 0 60 120 240 360 pATE: 06-26-2014 REV •. 1i 07-02-~014 EA: OF54.0 FA#: DISTRICT COUNTY ROVTE SHEET PM SHEET NO. TOTAL SHEETS 8 RlV 91 4.6 21 • • • 22 • • VEJ Corona, L. P. 118-050-001, 002 118-111-001, 002, 003, 004 FEE 12 SF PWFE (PERMANENT WALL FOOTING) 4,877 SF TCE (TEMPORARY CONSTRUCTION) 796 SF TCE (TEMPORARY CONSTRUCTION) 5,236 SF 23 • NOTICE OF HEARING TO CONSIDERrRAN:~~~xWM88~1liss10N ADOPTION OF AN AMENDMENT TO RESOLUTION OF NECESSITY NO. 13-081 Pursuant to Section 1245.235 of the California Code of Civil Procedure, you are hereby notified that at a regular meeting to be held on Wednesday, November 12, 2014, at 9:30 a.m., at the Riverside County Administration Building, Board of Supervisors Chambers, located at 4080 Lemon Street, Riverside, California, the Commission of the Riverside County Transportation Commission intends to consider adopting An amendment to Resolution of Necessity No. 13-081, authorizing the commencement of eminent domain proceedings for the acquisition of additional real property interests in property that, according to the last equalized county assessment roll, is owned by you. The public use for which this resolution of necessity will be considered is for the SR-91 Corridor Improvement Project in Riverside County, California. The definition of the property rights to be acquired, together with the legal descriptions and corresponding depictions, are attached to this notice. A hearing will be held at the time and place mentioned above. You have the right to appear and be heard on the following matters: 1. Whether the public interest and necessity require the project for which the property is sought to be acquired. 2. Whether the project is planned or located in the manner that will be most compatible with the greatest public good and least private injury. 3. Whether the property sought to be acquired by eminent domain and described in the Resolution of Necessity is necessary for the proposed project. 17336.02100\9134532.1 ----------~--------------- 4. Whether the offer required by Section 7267.2 of the California Government Code has been made. Pursuant to California Code of Civil Procedure section 1245.235(b)(3), your failure to file a written request with RCTC to appear and be heard within 15 days from the date that this Notice is mailed may result in the waiver of your right to appear and be heard on the above- stated matters and issues that are the subject of the hearing. ALL COMMUNICATIONS SHOULD BE ADDRESSED TO: Jennifer Harmon Clerk of the Board Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, California 92501 DATE OF HEARING: PLACE OF HEARING: DATED: Octoberi~, 2014. 17336.02100\9134532.l Wednesday, November 12, 2014 9:30 a.m. Riverside County Administration Building Board of Supervisors Chambers 4080 Lemon Street Riverside, California 92501 BEST BEST & KRIEGER LLP By: Mark A. Easter Gregory G Snarr Attorneys for Riverside County Transportation Commission Legal Definitions of Property to be Acquired The following is a list of definitions of legal rights to be acquired by Riverside County Transportation Commission: "Fee" also known as fee simple or fee simple absolute, grants to RCTC absolute ownership of the portion of the property to be acquired. "Temporary Construction Easement (TCE)" refers to the right of RCTC, its successors and assigns, to engage in construction and related activities for the project, together with all necessary rights of ingress and egress to the easement area in connection with the exercise of any of the easement rights. Such right shall be exercised for a period of 12 months, beginning no fewer than 72 hours after the date that RCTC provides written notice of commencement of possession to the property owner. The duration of the rights under this easement shall not extend beyond November 6, 2017, or upon filing of a Notice of Completion, whichever is earlier. Property Owner shall not cause, directly, indirectly or negligently, any interference with or arm to the rights conveyed hereunder. 17336.02100\9106630.l EXHIBIT A, PAGE 1 PSOMAS 1 EXHIBIT 'Gl' 2 LEGAL DESCRIPTION 3 4 Caltrans Parcel No. 22171-7 5 Fee Acquisition 6 APN's 118-050-002 7 8 In the City of Corona, County of Riverside, State of California, being a portion of the 9 land described in that certain Grant Deed recorded October 22, 2003 as Document No. 10 2003-831202 of Official Records of said County, said land also being a portion of Lot 11, 11 inclusive, of Tract No. 2763, as shown on that map recorded in Book 50, Pages 91 and 12 92, of Maps, in the office of the County Recorder of said county, described as follows: 13 14 Beginning at the most westerly comer of Lot 11; thence North 79°39 103 11 East 36.13 feet 15 along the northerly line of said lot to a point thereon; thence South 78°30'05" West 34.08 16 feet to a point on the southwesterly line of said Lot 11; thence North 82°01 '53 11 West 2.17 17 feet along last said line to the Point of Beginning. 18 19 Containing 12 square feet. 20 21 This conveyance is made for the purpose of a freeway and the Grantor hereby releases 22 and relinquishes to the Grantee any and all abutter's rights or access, appurtenant to 23 Grantor's remaining property, in and to said freeway. 24 25 See Exhibit 'G2' attached hereto and made a part hereof. 26 27 The distances described herein are grid distances and are based on California Coordinate 28 System of 1983, Zone 6, 2007.00 epoch. Ground distances may be obtained by dividing 29 grid distances by the mean combination factor of the courses being described. The mean 30 combination factor for this conversion is 0.99997476. 31 P:\2PTGOI 0501\SURVEY\LEGALS\2217l_APN_ll8-050-00l,002&118-l I l-001,002,003,004\Legals\22171-7-FEE.doc Page 1 of 2 7/2/2014 EXHIBIT A, PAGE 2 PSOMAS 2 Prepared under the direction of 3 4 5 6 Brian E. Bullock, PLS 5260 Date 7 8 9 10 ll 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 P:\2PTGOI 0501\SURVEY\LEGALS\22171APN) 18-050-001,002&118-l l l-00!,002,003,004\Legals\22171-7-FEE.doc Page 2 of2 7/2/2014 EXHIBIT A, PAGE 3 ~----------------------------------------------------- EXHIBIT G2 PARCEL# TITLE AREA 22171-7 FEE'. 1 2 SF CURVE TABLE C1 -R= 25.00' L= 39.26' b.=89°59'18" C2 -R=126.45' L= 67.87' b.=30°45'08" C3 -R=186.45' L=100.07' b.=30°45'08" LEGEND (R) Indicates Radial Bearing c.:::::=:=) Title to State I 1 I I I Access Prohibited NOTES Coordinates and bearings are on CCS 1983(2007 .00) Zone 6. Distances and stationing are grid distances. Divide by 0.99997476 to obtain ground distances. Al I distances are in feet unless otherwise noted. FEET 0 PREPARED BY: DATE: 12-17-2013 APN 118-050-002 / 22171-7 FEE ACQUISITION 60 120 240 360 REV. 1; 07-02-2014 EA: OF540 FA#: PSOMAS DISTRICT COUNTY ROUTE SHEET PM SHEET NO. TOTAL SHEETS 8 RIV 91 4.6 2 EXHIBIT PARCEL# TITLE 22171-7 FEE POB ~ LEGEND Point of Beginning Title to State I 1. I I I Access Prohibited NOTES AREA 12 SF Coordinates and bearings ore on CCS 1983(2007 .00) Zone 6. Distances and stationing are grid distances. Divide by 0.99997476 to obtain ground distances. Al I distances are in feet unless otherwise noted. ..... ..... FEET 0 3 ..... G2 APN 118-050-002 ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ' ............... ..... ./". ..... ..... ""fY ..... ..... ..... -1. ..... ..... 1:r Q, ..... ..... ..... ./". ..... ..... ..... ..... 22171-7 Fff ACOUISI TION 6 12 18 PREPARED BY: DATE: 12-17-2013 REV. 1; 07-02-2014 EA: OF540 FA#: PSOMAS DISTRICT COUNTY ROUTE SHEET PM SHEET NO. TOTAL SHEETS 8 RIV 91 4.6 2 2 I 2 3 PSOMAS EXHIBIT 'Hl' LEGAL DESCRIPTION 4 Caltrans Parcel No. 22171-8 5 Temporary Construction Easements 6 APN's 118-050-001, 002, 118-111-001, 002, 003 & 004 7 8 In the City of Corona, County of Riverside, State of California, being a portion of the 9 land described in that certain Grant Deed recorded October 22, 2003 as Document No. 10 2003-831202 of Official Records of said County, said land also being a portion of Lots 11 11 through 16, inclusive, of Tract No. 2763, as shown on that map recorded in Book 50, 12 Pages 91and92, of Maps, in the office of the County Recorder of said county, described 13 as follows: 14 15 Parcel 1 16 17 Beginning at the most northerly comer of said Lot 16; thence South 03°41 155 11 West 18 10.31 feet along the easterly line of said lot to a point, said point being the intersection of 19 said easterly line with the southerly line of a Public Utility Easement, 10 feet wide, 20 recorded October 23, 1964, per Instrument No. 129015 of Official Records of said 21 County; thence South 79°39 103" West 125.75 feet along the said southerly line 22 to a point, said point being the True Point of Beginning; thence South 10°20'57 11 East 23 9.95 feet; thence South 79°39'03" West 20.00 feet; thence North 10°20'57 11 West 9.95 24 feet to a point on said southerly line, said point hereinafter referenced as Point "A"; 25 thence North 79°39 103 11 East 20.00 feet along said southerly line to the True Point of 26 Beginning. 27 28 Containing 199 square feet. 29 30 31 P:\2PTG010501\SURVEY\LEGALS\22171 APN 118-050-001,002&118-l l l-001,002,003,004\Legals\22171-8-TCE.doc 7/2/2014 l f 3 - -Pageo EXHIBIT A, PAGE 6 PSOMAS 1 2 Parcel 2 3 4 Beginning at said Point "A" of Parcel 1 as said parcel is described herein; thence South 5 79°39'03" West 228.33 feet along the southerly line of a Public Utility Easement, 10 feet 6 wide, recorded October 23, 1964, per Instrument No. 129015 of Official Records of said 7 County to a point, said point being the True Point of Beginning; thence South 10°20'57" 8 East 9.95 feet; thence South 79°39'03" West 20.00 feet; thence North 10°20'57" West 9 9 .95 feet to a point on said southerly line, said point hereinafter referenced as Point "B"; 10 thence North 79°39'03" East 20.00 feet along said southerly line to the True Point of 11 Beginning. 12 13 Containing 199 square feet. 14 15 Parcel 3 16 17 Beginning at said Point "B" of Parcel 2 as said parcel is described herein; thence South 18 79°39'03" West 94.86 feet along the southerly line of a Public Utility Easement, 10 feet 19 wide, recorded October 23, 1964, per Instrument No. 129015 of Official Records of said 20 County to a point, said point being the True Point of Beginning; thence South 10°20'57" 21 East 9.95 feet; thence South 79°39'03" West 20.00 feet; thence North 10°20'57" West 22 9.95 feet to a point on said southerly line, said point hereinafter referenced as Point "C"; 23 thence North 79°39'03" East 20.00 feet along said southerly line to the True Point of 24 Beginning. 25 26 Containing 199 square feet. 27 28 Parcel 4 29 30 Beginning at said Point "C" of Parcel 3 as said parcel is described herein; thence South 31 79°39'03" West 125.01 feet along the southerly line of a Public Utility Easement, 10 feet P:\2PTG010501\SURVEY\LEGALS\22171 APN 118-050-001,002&118-l l l-OOl,002,003,004\Legals\22171-8-TCE.doc 7/2/2014 2 f 3 - -Page o EXHIBIT A, PAGE 7 PSOMAS wide, recorded October 23, 1964, per Instrument No. 129015 of Official Records of said 2 County to a point, said point being the True Point of Beginning; thence South 10°20'57" 3 East 9.95 feet; thence South 79°39'03" West 20.00 feet; thence North 10°20'57" West 4 9.95 feet to a point on said southerly line; thence North 79°39'03" East 20.00 feet along 5 said southerly line to the True Point of Beginning. 6 7 Containing 199 square feet. 8 9 See Exhibit 'H2' attached hereto and made a part hereof. 10 11 12 The distances described herein are grid distances and are based on California Coordinate l3 System of 1983, Zone 6, 2007.00 epoch. Ground distances may be obtained by dividing 14 grid distances by the mean combination factor of the courses being described. The mean 15 combination factor for this conversion is 0.99997476. 16 17 Prepared under the direction of 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Brian E. Bullock, PLS 5260 Date P:\2PTG010501\SURVEY\LEGALS\22171 APN 118-050-001,002&118-l l l-OOl,002,003,004\Legals\22l7l-8-TCE.doc 7i2/2014 3 fJ ---· Page o EXHIBIT A, PAGE 8 PARCEL# 22171-8 PCL 1 22171-8 PCL 2 22171-8 PCL 3 PCL 4 LINE TABLE L 1 -579° 39'03"W L2 -S10°20'57"E L3 -S 79° 39'03"W L4 -N10°20'57"W L5 -N79° 39'03"E L6 -S10°20'57"E L 7 S79°39'03"W LB -N10°20'57"W L9 -N79° 39'03"E L 1 0 S 79° 39'03"W L 11 -S10°20'57"E L 12 -S79° 39'03"W L13 -N10°20'57"W L 14 -N79° 39'03"E L 1 5 -S79° 39'03"W L16 -S10°20'57"E L 17 -S79°39'03"W L18 -N10°20'57"W L 1 9 -N79° 39'03"E LEGEND TITLE TCE TCE TCE TCE (R) TPOB POB Indicates Radial Bearing True Point of Beginning Point of Beginning ~ Title to State I II I I Access Prohibited NOTES Coordinates and bearings are on CCS 1983(2007 .00) Zone 6. Distances and stationing are grid distances. Divide by 0.99997476 to obtain ground distances. Al I distances are in feet unless otherwise noted. EXHIBIT AREA 1 99 1 99 1 99 199 SF SF SF SF <?o o~ /\]t ' H2 APN 11 8-111 -003 & 004 11 8-111 -001 & 002 118-050-001, 118-111-001 118-050-001 & 002 22171-8 TEMPORARY CONSTRUCTION EASEMENT FEET O 60 120 240 360 PREPARED BY: DATE: 06-26-2014 REV. 1; 07-02-2014 EA: OF540 FA#: PSOMAS DISTRICT COUNTY ROUTE SHEET PM SHEET NO. TOTAL SHEETS 3 Hutton Centre Dr1ve, Ste. 200 m:Mt-073i~j;rj~~'l~~s~~m (Fax> 8 RIV 91 4.6 PROOF OF MAILING NOTICE I, Sylvia Perez, acting on behalf of the Riverside County Transportation Commission, hereby certify that on October 24, 2014, I mailed a copy of the attached notice by first-class mail to the following owner and other interested parties of real property located in the County of Riverside, State of California, more particularly described as Assessor Parcel No. 118-050-001 1 118-050-002, 118-111-001, 118-111-002, 118-111-003 and 118-111-004 (CPN 22171-7 and 22171-8): VEJ Corona LP 1501 Pleasant View Avenue Corona, CA 92882 VEJ Corona, L.P. 281 S. Thomas Street, Suite 505 Pomona, CA 91766 Victor G. Tessier 296 Pomona Mall West Pomona, CA 91766 Catherine B. Tessier 296 Pomona Mall West Pomona, CA 91766 Mr. Victor Tessier P. 0. Box 838 Pomona, CA 91769 Mrs. Victor Tessier P. 0. Box 838 Pomona, CA 91769 VEJ Corona, LP 281 S. Thomas Street, Suite 505 Pomona, CA 91766 17336.02100\9134532.1 Record Owner Record Owner Possible Ownership Interest Possible Ownership Interest Possible Ownership Interest Possible Ownership Interest Record Owner Patrick Hennessey, Esq. Courtesy Copy Palmieri, Tyler, Wiener, Wilhelm & Waldron LLP East Tower, Suite 1300 2603 Main Street Irvine, CA 92614 Nationwide Life Insurance Company Possible Ownership Interest c/o Adam F. Zweifler, Esq. Kroll, McNamara, Evans & Delehanty, LLP 65 Memorial Road, Suite 300 West Hartford, CT 06107 Dated: October 24, 2014. 17336.02100\9134532.1 THE COMMISSION IS REQUESTED TO MAKE THE FOLLOWING FINDINGS: 1. The public interest and necessity require the proposed project; 2. The project is planned or located in a manner that will be most compatible with the greatest public good and the least private injury; 3. The real property to be acquired is necessary for the project; and 4. The offer of just compensation has been made to the property owner. CORONA A NOITTH. .. I EXPRESS LANES I WESTllOUf>/D R~GULAR LANES II EASTBOUND REGULAR WIES 11/12/2014 1 1. VEJ Corona, LP., a California limited liability company No. Ownershi 1 EJ Corona LP. Offer Date March 26, 2014; revised October 13 2014 11/12/2014 2 11/12/2014 In Person Phone No. Ownership Meetinas Mailinas Contacts E-Mails Total 1 VEJ Corona L. P. 6 2 28 18 54 *These numbers do not include contacts made with legal counsel, which in some cases has been extensive. PARCEL 1 3 11/12/2014 4 THE COMMISSION ADOPT A RESOLUTION OF NECESSITY BASED ON THE FOLLOWING FINDINGS: 1. The public interest and necessity require the proposed project; 2. The project is planned or located in a manner that will be most compatible with the greatest public good and the least private injury; 3. The real property to be acquired is necessary for the project; and 4. The offer of just compensation has been made to the property owner. 11/12/2014 5 NEW ME YER DILLION LLP fD)~©~UW~~ lJ\\ OCT 1 0 2014 RIVERSIDE COUNTY TRANSPORTATION COMMISSIOf".i VIA FEDERAL EXPRESS Jennifer Harmon Clerk of the Board ATTORNEYS AT LAW CHARLES S. KROLIKOWSKI Charles.Krolikowski@ndlf.com October 9, 2014 Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, CA 92501 Fite No.: 896.120 Re: Written Request to Appear at Resolution Hearing and/or Notice of Intent to Submit Written Objections to Adoption of Resolution of Necessity to Acquire Additional Real Property by Eminent Domain (Assessor Parcel No. 118-330-017) Dear Ms. Harmon: This office represents EI-Corona, LLC ("EI-Corona"), who is the owner of the real property located at 1351 Pomona Road, Corona; California (Assessor Parcel No. 118-330-017) ("Property"). We have received notice that on Wednesday, November 12, 2014, at 9:30 a.m., the Riverside County Transportation Commission will hold a hearing to adopt a Resolution of Necessity ("Resolution") affecting the Property. The Resolution would authorize the acquisition of additional property rights for the purposes of the SR-91 Corridor Improvement Project in Riverside County, California. The purpose of this letter is to submit EI-Corona's written request to appear and be heard at the Resolution hearing, and/or to indicate its intent to submit written objections to the same before the date of the hearing. Please do not hesitate to contact me if you have any questions or comments regarding these matters. Fol2- Charles S. Krolikowski CSK:cml 4864196.1 895 DOVE STREET 1277 TREAT BLVD. STH FLOOR SUITE 600 NEWPORT BEACH. CA 92660 WALNUT CREEK, CA 94597 T 949 854 7000 T 925 988 3200 F 949 854 7099 F 925 988 3290 NOTICE OF HEARING TO PROPERTY OWNERS Pursuant to Section 1245.235 of the California Code of Civil Procedure, you are hereby notified that at a regular meeting to be held on Wednesday, November 12, 2014 at 9:30 a.m., at the Riverside County Administration Building, Board of Supervisors Chambers, located at 4080 Lemon Street, Riverside, California, the Commission of the Riverside County Transportation Commission intends to consider adopting a Resolution to amend Resolution of Necessity 13-060 adopted on October 9, 2013 to add additional property interests and authorize the commencement of eminent domain proceedings for the acquisition of said additional real property interests in property that, according to the last equalized county assessment roll, is owned by you. The public use for which this resolution of necessity will be considered is for the SR-91 Corridor Improvement Project in Riverside County, County, California. The definition of the additional property rights to be acquired, together with the legal descriptions and corresponding depictions, are attached to this notice. A hearing will be held at the time and place mentioned above. You have the right to appear and be heard on the following matters: 1. Whether the public interest and necessity require the project for which the property is sought to be acquired. 2. Whether the project is planned or located in the manner that will be most compatible with the greatest public good and least private injury. 3. Whether the property sought to be acquired by eminent domain and described in the Resolution of Necessity is necessary for the proposed project. 4. Whether the offer required by Section 7267 .2 of the California Government Code has been made. Pursuant to California Code of Civil Procedure section 1245.235(b)(3), your failure to file a written request to appear and be heard within 15 days of the date that this Notice is mailed may result in the waiver of your right to appear and be heard on the above-stated matters and issues that are the subject of the hearing. ALL COMMUNICATIONS SHOULD BE ADDRESSED TO: Jennifer Harmon Clerk of the Board Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, California 92501 DATE OF HEARING: PLACE OF HEARING: DATED: September 26, 2014. Wednesday, November 12, 2014 9:30 a.m. Riverside County Administration Building Board of Supervisors Chambers 4080 Lemon Street Riverside, California 92501 BEST BEST & KRIEGER LLP sx,<nC ~ter Scott W. Ditfurth Attorneys for Riverside County Transportation Commission Legal Definitions of Property to be Acquired The following is a list of definitions of legal rights to be acquired by Riverside County Transportation Commission: (The rights being acquired may be exercised mutually exclusive of each other.) "Fire Service Connection Easement" refers to a permanent and perpetual non- exclusive easement in favor of RCTC, its successors and assigns, over, upon, under, and across the lands hereinafter described together with the right to access, maintain, improve, alter, inspect, replace, and use for the replacement, repair, operation, and maintenance of fire service connections/backflow detectors as detennined necessary by RCTC, together with all necessary rights incidental thereto in connection with the exercise of the easement rights described herein. Property Owner shall not erect or construct, or permit to be erected or constructed, any building, structure or improvement on, over, or under any portion of the easement, or plant trees or any other vegetation on any portion of the easement except with the prior written consent of RCTC, its successors and assigns, which consent shall not be unreasonably withheld. RCTC shall have the right to trim, cut or clear away any trees, brush, or other vegetation from time to time as detennined in its sole discretion, without payment of additional compensation. No other easements shall be granted on, under or over the easement without the prior written consent ofRCTC, its successors and assigns. The ground elevations of the easement upon completion of construction shall not be further increased or decreased without the prior written consent of RCTC, its successors and assigns. Property Owner shall not cause, directly, indirectly or negligently, any interference with or harm to the rights conveyed hereunder. EXHIBIT A, PAGE 1 2 3 PSOMAS 4 Caltrans Parcel No. 22176-9 EXHIBIT '11' LEGAL DESCRIPTION 5 Fire Service Connection Easement 6 APN 118-330-017 7 8 In the City of Corona, County of Riverside, State of California, being a portion of Parcel 9 2 as sho""11 on that certain Parcel Map filed in Book 40, Pages 65 and 66 of Parcel Maps, 1 o Records of Riverside County, California, described as follows: 11 12 Beginning at the southwesterly comer of said Parcel 2; thence along the westerly line of 13 said Parcel 2, North 07°58'36" East 30.12 feet to the beginning of a non-tangent curve, 14 concave southerly, having a radius of 5,172.00 feet, a radial line to said beginning bears 15 North 05°40' 1 O" West; thence leaving said westerly line, easterly 94.12 feet along said 16 curve through a central angle of 1°02'33" to the True Point of Beginning a radial line to 17 said True Point of Beginning bears North 4°37'37"West; thence continuing along said 18 curve 13.88 feet through a central angle of0°09'14"; thence North 85°31'37" East 19 6.12 feet; thence North 4°30'58" West 15.00 feet; thence South 85°29'02" West 20 20.00 feet; thence South 4°30'58" East 15.00 feet to the True Point of Beginning. 21 22 Containing 300 square feet. 23 24 See Exhibit 'I2' attached hereto and made apart hereof. 25 26 The distances described herein are grid distances and are based on California Coordinate 27 System of 1983, Zone 6, 2007.00 epoch. Ground distances may be obtained by dividing 28 grid distances by the mean combination factor of the courses being described. The mean 29 combination factor for this conversion is 0.99997476. 30 31 M:\2PTGO I 050l\SURVE':{\LEGALS\22176_APN_l18-330-0l 7\Legal\22176-9.docx 7/28/2014 EXHIBIT A, PAGE 2 Page 1 of2 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 PSOMAS Prepared under the direction of I t! I /1 ("'': \ j / l L.;, \;_ , -. ='x ""'""""'""L...,.__ __ _ '· v \ ~·1 \:, n\ \ 'f Anna M. Beal, PLS 4955 Date M:\2PTGO 1050 l \SUR VEY\LEGALS\22176APN _ l l 8-330-0 l 7\Legal\22176-9.docx 7/28/2014 EXHIBIT A, PAGE 3 Page 2 of2 EXHIBIT 12 PARCEL# TITLE GRAN TOR AREA APN 22176-9 FSCE El-CORONA, LLC 300 SF 11 8-330-01 7 CURVE TABLE' LINE TABLE Cl-D.=4°18'41'' R::5153.00' L=387.75' L1-N85°31'37"E 6.12' C2-D.=1°02'33" R=5172.00' L= 94 .12' L2-N04° 30'58"W 15.00' C3-D.=0°09'14" R=5172.00' L= 1 3.88' L3-S85°29'02"W 20.00' C4-D.=1°11'47" R=5172.00' L=108.00' L4-S04°30'58"E 15.00' ' r·. ···---117~-330-0041 . -,,....1-1a---3-_30---o-o~?I ! RAOI1AL_TABLE _, ---:-... __ _s_8.2_ofilL2ti __ J __ ·--- 1~~ :=. ~g~:~nn : Jo~. ~~~-.-203~c~79333-0~R. -"" IR4 -N02°38'34"w, ' ' I L() I RS, ,-' N04° 37'37"W ~ 1-------1--·------1 I I,: i ~ ' I I PCL 4 ! I! "'" ·-1 PARCEL MAP I 3::..-----~ t-il118-330-0721 (R) POB TPOB c=J I I I I i PCL J LEGEND I ! I Indicates Radial Bearing Point of Beginning True Point of Beginning Title to State Access Pr oh ib i ted NOTES Coord1notes and bear ngs ore on CCS 1983(2007.00) Zone 6. Distances and stotionrng are grid distances. Divide by 0.99997476 to obtain ground dis-ranees. Al I distances are in feet unless otherwise noted. P.MJBJ 40/b5-bb I IPCL 2 PCL 3 I i I 22176-9 TPOB L() 0 r--- 0 V1 \ R 22 1 76-9 22176-9 FIRE SERVICE CONNECTION EASEMENT FEET O 50 100 200 PREPARED BY: DATE: 07-29-2014 REV.: EA: OF540 FA#: 300 PS OM AS DISTRICT COUNTY ROUTE SHEET PM SHEET NO. TOTAL SHEETS 8 RIV 91 5. 1 EXHIBIT A, PAGE 4 PROOF OF MAILING NOTICE I, Margaret L. Barnes, acting on behalf of the Riverside County Transportation Commission, hereby certify that on September 26, 2014, I mailed a copy of the attached notice by first-class mail to the following owner of real property located in the County of Riverside, State of California, more particularly described as Assessor Parcel No. 118-330-017 (CPN 22176-9): EI Corona 9952 Santa Monica Boulevard, #200 Beverly Hills, CA 90212 EI-Corona, LLC 9952 Santa Monica Boulevard, #200 Beverly Hills, CA 90212 EI-Corona, LLC c/o Afshin Etebar 9952 Santa Monica Boulevard, #200 Beverly Hills, CA 90212 EI-Corona, LLC 1351 Pomona Road Corona, CA 92882-7165 EI Corona 2 Technology Drive Irvine, CA 92618 Charles Krolikowski, Esq. Newmeyer & Dillion LLP 895 Dove Street, Fifth Floor Newport Beach, CA 92660 DATED: September 26, 2014. Record Owner Record Owner Agent for Service of Process Record Owner Record Owner Courtesy Copy Indian Wells (760) 568-2611 Irvine (949) 263-2600 Los Angeles (213) 617-8100 ll~IX BEST BEST & KRIEGER~ ATTORNEYS AT LAW Sacramento (916) 325-4000 San Diego (619) 525-1300 Walnut Creek (925) 977-3300 Ontario (909) 989-8584 3390 University Avenue, 5th Floor, P.O. Box 1028, Riverside, CA 92502 Phone: (951) 686-1450 I Fax: (951) 686-3083 I www.bbklaw.com Washington, DC (202) 785-0600 Margaret L. Barnes (951) 826-8357 margaret.barnes@bbklaw.com File No. 17336.02100 VIA HAND DELIVERY Jennifer Harmon Clerk of the Board May 28, 2014 Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, California 92501 fu)~©~DW~~ lffi MAY 2 8 2014 lYJ TRANf~~~l~~CB'dljUtss10N Re: Notice of Hearing to Property Owners as to Corona Towne Center, LLC (for property owned previously owned by Agins, now owned by RCTC) (Assessor Parcel Nos. 118-270-023 and 118-270-024, CPN 22217); and VEJ Corona LP (Assessor Parcel No. 118-050-002, CPN 22171-1) RCTC/SR91 CIP Project Dear Jennifer: ~ON No. \3-08\ Attached are the original Notices of Hearing to Property Owners, with proofs of mailing, of the hearing on the adoption of resolutions of necessity scheduled for July 9, 2014, as to an easement interest, including any and all possessory interests and any improvements (a pole sign), of Corona Towne Center, Inc. (formerly owned by Agins Development, now owned by RCTC), and a part take in fee from VEJ Corona LP, for property sought for this project. These parcels were originally noticed for the Commission meeting of June 11, 2014, but have been moved to the July hearing. Other properties may be noticed for the July hearing. Please do not hesitate to contact me, should have any questions. Very truly yours, Margar Senior itigation Paralegal for BEST BEST & KRIEGER LLP Attachments 17336.02100\8821742.1 NOTICE OF HEARING TO CONSIDER ADOPTION OF A RESOLUTION OF NECESSITY Pursuant to Section 1245.235 of the California Code of Civil Procedure, you are hereby notified that at a regular meeting to be held on Wednesday, July 9, 2014, at 9:30 a.m., at the Riverside County Administration Building, Board of Supervisors Chambers, located at 4080 Lemon Street, Riverside, California, the Commission of the Riverside County Transportation Commission intends to consider adopting a Resolution of Necessity, authorizing the commencement of eminent domain proceedings for the acquisition of real property interests in property that, according to the last equalized county assessment roll, is owned by you. The public use for which this resolution of necessity will be considered is for the SR-91 Corridor Improvement Project in Riverside County, California. This notice supersedes and replaces the notice mailed to you on April 26, 2014 regarding a hearing set for June 11. 2014. The definition of the property rights to be acquired, together with the legal descriptions and corresponding depictions, are attached to this notice. A hearing will be held at the time and place mentioned above. You have the right to appear and be heard on the following matters: 1. Whether the public interest and necessity require the project for which the property is sought to be acquired. 2. Whether the project is planned or located in the manner that will be most compatible with the greatest public good and least private injury. 3. Whether the property sought to be acquired by eminent domain and described in the Resolution of Necessity is necessary for the proposed project. 4. Whether the offer required by Section 7267 .2 of the California Government Code has been made. 17336.02100\8819872.1 ' . Pursuant to California Code of Civil Procedure section 1245.235(b)(3), your failure to file a written request with RCTC to appear and be heard within 15 days from the date that this Notice is mailed may result in the waiver of your right to appear and be heard on the above-stated matters and issues that are the subject of the hearing. ALL COMMUNICATIONS SHOULD BE ADDRESSED TO: Jennifer Harmon Clerk of the Board Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, California 92501 DATE OF HEARING: PLACE OF HEARING: DATED: May 27, 2014. 17336.02100\8819872.1 Wednesday, July 9, 2014 9:30 a.m. Riverside County Administration Building Board of Supervisors Chambers 4080 Lemon Street Riverside, California 92501 BEST BEST & KRIEGER LLP By:~ AEaSter Artin N. Shaverdian Attorneys for Riverside County Transportation Commission Legal Definitions of Property to be Acquired The following is a list of definitions of legal rights to be acquired by Riverside County Transportation Commission: "Fee" also known as fee simple or fee simple absolute, grants to RCTC absolute ownership of the portion of the property to be acquired. 17336.02100\8756211.1 EXHIBIT A, PAGE 1 2 3 PSOMAS EXHIBIT 'Al' LEGAL DESCRIPTION 4 Caltrans Parcel No. 22171-1 5 Fee Acquisition 6 APN's 118-050-002 7 8 In the City of Corona, County of Riverside, State of California, being a portion of the 9 land described in that certain Grant Deed recorded October 22, 2003 as Document No. Io 2003-831202 of Official Records of said County, said land also being a portion of Lot 11, 11 inclusive, of Tract No. 2763, as shown on that map recorded in Book 50, Pages 91 and 12 92, of Maps, in the office of the County Recorder of said county, described as follows: 13 14 Beginning at the most westerly corner of Lot 11; thence North 79°39'03" East 36.13 feet 15 along the northerly line of said lot to a point thereon; thence South 78°30'05" West 34.08 16 feet to a point on the southwesterly line of said Lot 11; thence North 82°01 '53" West 2.17 17 feet along last said line to the Point of Beginning. 18 19 Containing 12 square feet. 20 21 This conveyance is made for the purpose of a freeway and the Grantor hereby releases 22 and relinquishes to the Grantee any and all abutter's rights or access, appurtenant to 23 Grantor's remaining property, in and to said freeway. 24 25 See Exhibit 'A2' attached hereto and made a part hereof. 26 27 The distances described herein arc grid distances and arc based on California Coordinate 28 System of 1983, Zone 6, 2007.00 epoch. Ground distances may be obtained by dividing 29 grid distances by the mean combination factor of the courses being described. The mean 30 combination factor for this conversion is 0.99997476. 31 M:\2PTGOl050l \SURVEY\I.EGALS\2217l_APN_l l 8-050-001,002& l 18-l l l-001,002,003,004\Legals\22171-1-FEE.docPage l of 2 12/17/2013 EXHIBIT A, PAGE 2 PSOMAS 2 Prepared under the direction of 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 $-~~~ IZ-17·1~? Brian E. Bullock, PLS 5260 Date M:\2PTG010501\SURVEYiLEGALS\22171 __ APN_l 18-050-00L002&118-111-00l,002,003,004\Legals\2217l-1-FEE.docPage 2 of2 12/17/2013 EXHIBIT A, PAGE 3 EXHIBIT PARCEL# TITLE AREA 22171-1 FEE 12 SF CURVE TABLE C1 -R= 25.00' L= 39.26' b.=89°59'18" C2 -R=126.45' L= 67.87' b.=30°45'08" C3 R=1 86 .4 5 I L=1 00 .07 I b.=30° 4 5 '08" LEGEND (R) Indicates Radial Bearing c:::=::::::J Title to State I I 1 I I Access Prohibited NOTES Coordinates and bearings are on CCS 1983(2007 .00) Zone 6. Distances and stationing are grid distances. Divide by 0.99997476 to obtain ground distances. Al I distances are in feet unless otherwise noted. FEET 0 60 PREPARED BY: DATE: 12-17-2013 REV. PSOMAS ISTRICT COUNTY ROUTE 3 Hutton Centr~ Drive, Ste. 200 (f~tfhAi"-073~~~i(j~'4%~s%1i; (Fax) 8 RIV 91 A2 APN 118-050-002 22171-1 FEE ACQUISITION 120 240 360 EA: OF540 FA#: SHEET PM SHEET NO. TOTAL SHEETS 4.6 2 EXHIBIT PARCEL# TITLE 22171-1 FEE POB ~ I I I II LEGEND Point of Beginning Title to State Access Prohibited NOTES AREA 1 2 SF Coordinates and bearings are on CCS 1983(2007 .00) Zone 6. Distances and stationing are grid distances. Divide by 0.99997476 to obtain ground distances. Al I distances are in feet unless otherwise noted. FEET 0 3 PREPARED BY: DATE: 12-17-2013 REV. PSOMAS 3 Hutton Centr~ Drive, Ste~ 200 Sen-to Ano, Cal ifoinia 92707 (714)751-7373/(714)545-8883 (Fa•) DISTRICT COUNTY ROUTE 8 RIV 91 A2 APN 11 8-050-002 22171-1 FEE ACOU!SITION 6 12 18 EA: OF540 FA#: SHEET PM SHEET NO. TOT AL SHEETS 4.6 2 2 PROOF OF MAILING NOTICE I, Margaret L. Barnes, acting on behalf of the Riverside County Transportation Commission, hereby certify that on May 24, 2014, I mailed a copy of the attached notice by first- class mail to the following owners and other interested parties of real property located in the County of Riverside, State of California, more particularly described as to Assessor Parcel No. 118-050-002 (CPN 22171-1): VEJ Corona LP Record Owner 1501 Pleasant View Avenue Corona, CA 92882 VEJ Corona, L.P. Record Owner 281 S. Thomas Street, Suite 505 Pomona, CA 91766 Victor G. Tessier Possible Ownership Interest 296 Pomona Mall West Pomona, CA 91766 Catherine B. Tessier Possible Ownership Interest 296 Pomona Mall West Pomona, CA 91766 Mr. Victor Tessier Possible Ownership Interest P. 0. Box 838 Pomona, CA 91769 Mrs. Victor Tessier Possible Ownership Interest P. 0. Box 838 Pomona, CA 91769 VEJ Corona, LP Record Owner 281 S. Thomas Street, Suite 505 Pomona, CA 91766 17336.02100\8819872.1 Patrick Hennessey, Esq. Courtesy Copy Palmieri, Tyler, Wiener, Wilhelm & Waldron LLP East Tower, Suite 1300 2603 Main Street Irvine, CA 92614 Nationwide Life Insurance Company Possible Ownership Interest c/o Adam F. Zweifler, Esq. Kroll, McNamara, Evans & Delehanty, LLP 65 Memorial Road, Suite 300 West Hartford, CT 06107 Dated: May 27, 2014. 17336.02100\8819872.1 Indian Wells (760) 568-2611 Irvine (949) 263-2600 Los Angeles (213) 617-8100 BEST BEST & KRIEGER~ ATTORNEYS AT LAW Ontario (909) 989-8584 3390 University Avenue, 5th Floor, P.O. Box 1028, Riverside, CA 92502 Phone: (951) 686-1450 I Fax: (951) 686-3083 I www.bbklaw.com Margaret L. Barnes (951) 826-8357 margaret.barnes@bbklaw.com File No. 17336.02100 VIA HAND DELIVERY Jennifer Harmon Clerk of the Board Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, California 92501 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Sacramento (916) 325-4000 San Diego (619) 525-1300 Walnut Creek (925) 977-3300 Washington, DC (202) 785-0600 Re: Notice of Hearing to Property Owners as to T & C Exchange Accornmodators, Inc. (Assessor Parcel No. 118-270-003, CPN 22217), Corona Towne Center, Inc. (Assessor Parcel Nos. 118-270-034, 118-270- 035, 118-270-036, 118-270-038, 118-207-039, 118-270-040, 118-270-041 and 118-270-042, CPNS 22218-1through22218-8), and VEJ Corona LP Dear Jennifer: (Assessor Parcel No. 118-050-002, CPN 22171-1) RCTC/SR91 CIP Project RON No. \4-025 Attached are the original Notices of Hearing to Property Owners, with proofs of mailing, of the hearing on the adoption of a resolution of necessity scheduled for June 11, 2014, as to T & C Exchange Accommodators, Inc., Corona Towne Center, Inc. and VEJ Corona LP, for right of way, possessory and/or leasehold interests sought for this project. These are the only parcels to be considered for the adoption of resolutions of necessity at that hearing with regard to this project. Please do not hesitate to contact me, should have any questions. Very truly yours, ~~t(!';(f~. Senior Litigation Paralegal for BEST BEST & KRIEGER LLP Attachments 17336.02100\8755118.1 ORIGINAL \'-\ -025 NOTICE OF HEARING TO CONSIDER ADOPTION OF A RESOLUTION OF NECESSITY Pursuant to Section 1245.235 of the California Code of Civil Procedure, you are hereby notified that at a regular meeting to be held on Wednesday, June 11, 2014, at 9:30 a.m., at the Riverside County Administration Building, Board of Supervisors Chambers, located at 4080 Lemon Street, Riverside, California, the Commission of the Riverside County Transportation Commission intends to consider adopting a Resolution of Necessity, authorizing the commencement of eminent domain proceedings for the acquisition of real property interests in property that, according to the last equalized county assessment roll, is owned by you. The public use for which this resolution of necessity will be considered is for the SR-91 Corridor Improvement Project in Riverside County, California. The definition of the property rights to be acquired, together with the legal descriptions and corresponding depictions, are attached to this notice. A hearing will be held at the time and place mentioned above. You have the right to appear and be heard on the following matters: 1. Whether the public interest and necessity require the project for which the property is sought to be acquired. 2. Whether the project is planned or located in the manner that will be most compatible with the greatest public good and least private injury. 3. Whether the property sought to be acquired by eminent domain and described in the Resolution of Necessity is necessary for the proposed project. 4. Whether the offer required by Section 7267 .2 of the California Government Code has been made. 17336.02100\8755168.1 Pursuant to California Code of Civil Procedure section 1245.235(b)(3), your failure to file a written request with RCTC to appear and be heard within 15 days from the date that this Notice is mailed may result in the waiver of your right to appear and be heard on the above-stated matters and issues that are the subject of the hearing. ALL COMMUNICATIONS SHOULD BE ADDRESSED TO: Jennifer Harmon Clerk of the Board Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, California 92501 DATE OF HEARING: PLACE OF HEARING: DATED: April 26, 2014. 17336.02100\8755168.1 Wednesday, June 11, 2014 9:30 a.m. Riverside County Administration Building Board of Supervisors Chambers 4080 Lemon Street Riverside, California 92501 BEST :::IB;E~LP - By:___.~~~~~-~~~~~~~~'~~~~~ Mark A. Easter Artin N. Shaverdian Attorneys for Riverside County Transportation Commission Legal Definitions of Property to be Acquired The following is a list of definitions of legal rights to be acquired by Riverside County Transportation Commission: "Fee" also known as fee simple or fee simple absolute, grants to RCTC absolute ownership of the portion of the property to be acquired. 17336.02100\8756211.1 EXHIBIT A, PAGE 1 2 3 PSOMAS EXHIBIT 'Al' LEGAL DESCRIPTION 4 Caltrans Parcel No. 22171-1 5 Fee Acquisition 6 APN's 118-050-002 7 8 In the City of Corona, County of Riverside, State of California, being a portion of the 9 land described in that certain Grant Deed recorded October 22, 2003 as Document No. Io 2003-831202 of Official Records of said County, said land also being a portion of Lot 11, 11 inclusive, of Tract No. 2763, as shown on that map recorded in Book 50, Pages 91 and l2 92, of Maps, in the office of the County Recorder of said county, described as follows: 13 14 Beginning at the most westerly corner of Lot 11; thence North 79°39'03" East 36.13 feet 15 along the northerly line of said lot to a point thereon; thence South 78°30'05" West 34.08 16 feet to a point on the southwesterly line of said Lot 11; thence North 82°01 153" West 2.17 17 feet along last said line to the Point of Beginning. 18 19 Containing 12 square feet. 20 21 This conveyance is made for the purpose of a freeway and the Grantor hereby releases 22 and relinquishes to the Grantee any and all abutter's rights or access, appurtenant to 23 Grantor's remaining property, in and to said freeway. 24 25 See Exhibit 'A2' attached hereto and made a part hereof. 26 27 The distances described herein are grid distances and arc based on California Coordinate 28 System of 1983, Zone 6, 2007.00 epoch. Ground distances may be obtained by dividing 29 grid distances by the mean combination factor of the courses being described. The mean 30 combination factor for this conversion is 0.99997476. 31 M:\2PTG010501\SURVEY\LEGALS\2217l_APN_l 18-050-001,002&118-l l l-001,002,003,004\Legals\22171-1-FEE.docPage 1 of2 12/17/2013 EXHIBIT A, PAGE 2 PSOMAS 2 Prepared under the direction of 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 JC_~ Brian E. Bullock, PLS 5260 Date M :\2PTGO l 050 l \SURVEY\LEGALS\2217l_APN_118-050-001,002&118-111-001,002,003,004\Legals\22171-1-FEE.docPage 2 of 2 12117/2013 EXHIBIT A, PAGE 3 EXHIBIT PARCEL# TITLE AREA 22171-1 FEE 1 2 SF CURVE TABLE C1 -R= 25.00' L= 39.26' b.=89°59'18" C2 -R=126.45' L= 67.87' b.=30°45'08" C3 -R=1 86 .4 5' L=1 00 .07' b.=30° 4 5 1 08 11 LEGEND (R) Indicates Radial Bearing c====> Title to State 1 1 1 I 1 Access Prohibited NOTES Coordinates and bearings ore on CCS 1983(2007 .00) Zone 6. Distances and stationing are grid distances. Divide by 0.99997476 to obtain ground distances. Al I distances ore in feet unless otherwise noted. FEET 0 60 PREPARED BY: DATE: 12-17-2013 REV. PSOMAS DISTRICT COUNTY ROUTE 3 Hutton centre Or-ive, Ste. 200 Santo Ano 1 California 92707 ( 71 4 )751-7373/1714 )545-8883 (Fax) 8 RIV 91 A2 APN 11 8-050-002 22171-1 FEE ACQUISITION 120 240 360 EA: OF 540 FA#: SHEET PM SHEET NO. TOTAL SHEETS 4.6 2 EXHIBIT PARCEL# TITLE 22171-1 FEE POB ~ II I I I LEGEND Point of Beginning Title to State Access Prohibited NOTES AREA 12 SF Coordinates and bearings are on CCS 1983(2007 .00) Zone 6. Distances and stationing are grid distances. Divide by 0.99997476 to obtain ground distances. Al I distances are in feet unless otherwise noted. FEET 0 3 PREPARED BY: DATE: 12-17-2013 REV. PSOMAS 3 Hutton Centre Driw~, Ste. 200 Sar.to Ana, California 92707 I 714 )751-7373/(714 )545-8883 (Fox) DISTRICT COUNTY ROUTE 8 RIV 91 A2 APN 118-050-002 22171-1 FEE ACQUISITION 6 12 18 EA: OF540 FM:!:: SHEET PM SHEET NO. TOTAL SHEETS 4.6 2 2 PROOF OF MAILING NOTICE I, Margaret L. Barnes, acting on behalf of the Riverside County Transportation Commission, hereby certify that on April 26, 2014, I mailed a copy of the attached notice by first-class mail to the following owners and other interested parties of real property located in the County of Riverside, State of California, more particularly described as to Assessor Parcel No. 118-050-002 (CPN 22171-1): VEJ Corona LP Record Owner 1543 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1559 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1598 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1586 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1574 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1562 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1550 Pleasant View Avenue Corona, CA 92882 17336.02100\8755168.1 VEJ Corona LP Record Owner 1538 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1526 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1514 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1506 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1501-1598 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1529 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1515 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1509 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1501 Pleasant View Avenue Corona, CA 92882 VEJ Corona LP Record Owner 1543 Pleasant View Avenue Corona, CA 92882 VEJ Corona, L.P. Record Owner 281 S. Thomas Street, Suite 505 Pomona, CA 91766 17336.02100\8755168.1 Victor Tessier, Trustee of the Victor and Catherine Possible Ownership Interest Tessier Living Trust Dated August 1, 1991 1543 Pleasant View Avenue Corona, CA 92882 Victor Tessier, Trustee of the Victor and Catherine Possible Ownership Interest Tessier Living Trust Dated August 1, 1991 1559 Pleasant View Avenue Corona, CA 92882 Victor Tessier, Trustee of the Victor and Catherine Possible Ownership Interest Tessier Living Trust Dated August 1, 1991 1529 Pleasant View.Avenue Corona, CA 92882 Victor Tessier, Trustee of the Victor and Catherine Possible Ownership Interest Tessier Living Trust Dated August 1, 1991 1515 Pleasant View Avenue Corona, CA 92882 Victor Tessier, Trustee of the Victor and Catherine Possible Ownership Interest Tessier Living Trust Dated August 1, 1991 1509 Pleasant View Avenue Corona, CA 92882 Victor Tessier, Trustee of the Victor and Catherine Possible Ownership Interest Tessier Living Trust Dated August 1, 1991 1501 Pleasant View Avenue Corona, CA 92882 Catherine Tessier, Trustee of the Victor and Possible Ownership Interest Catherine Tessier Living Trust Dated August 1, 1991 1543 Pleasant View Avenue Corona, CA 92882 Catherine Tessier, Trustee of the Victor and Possible Ownership Interest Catherine Tessier Living Trust Dated August 1, 1991 1559 Pleasant View Avenue Corona, CA 92882 17336.02100\8755168.1 Catherine Tessier, Trustee of the Victor and Possible Ownership Interest Catherine Tessier Living Trust Dated August 1, 1991 1529 Pleasant View Avenue Corona, CA 92882 Catherine Tessier, Trustee of the Victor and Possible Ownership Interest Catherine Tessier Living Trust Dated August 1, 1991 1515 Pleasant View Avenue Corona, CA 92882 Catherine Tessier, Trustee of the Victor and Possible Ownership Interest Catherine Tessier Living Trust Dated August 1, 1991 1509 Pleasant View Avenue Corona, CA 92882 Catherine Tessier, Trustee of the Victor and Possible Ownership Interest Catherine Tessier Living Trust Dated August 1, 1991 1501 Pleasant View Avenue Corona, CA 92882 Victor G. Tessier Possible Ownership Interest 296 Pomona Mall West Pomona, CA 91766 Catherine B. Tessier Possible Ownership Interest 296 Pomona Mall West Pomona, CA 91766 Mr. Victor Tessier Possible Ownership Interest P. 0. Box 838 Pomona, CA 91769 Mrs. Victor Tessier Possible Ownership Interest P. 0. Box 838 Pomona, CA 91769 VEJ Corona, LP Record Owner 281 S. Thomas Street, Suite 505 Pomona, CA 91766 17336.02100\8755168.l Patrick Hennessey, Esq. Courtesy Copy Palmieri, Tyler, Wiener, Wilhelm & Waldron LLP East Tower, Suite 1300 2603 Main Street Irvine, CA 92614 Nationwide Life Insurance Company Possible Ownership Interest c/o Adam F. Zweifler, Esq. Kroll, McNamara, Evans & Delehanty, LLP 65 Memorial Road, Suite 300 West Hartford, CT 06107 Dated: April 26, 2014. ~o<~~ Mafiafet L. Barnes 17336.02100\8755168.1 • AGENDA ITEM SA • • • • • --------------------------------------------------- RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: November 12, 2014 TO: Riverside County Transportation Commission FROM: Michele Cisneros, Finance Manager/Controller THROUGH: Anne Mayer, Executive Director SUBJECT: Quarterly Financial Statements STAFF RECOMMENDATION: This item is for the Commission to receive and file the Quarterly Financial Statements for the period ended September 30, 2014. BACKGROUND INFORMATION: During the first three months of the fiscal year, staff monitored the revenues and expenditures of the Commission. The first quarter of the year is primarily directed toward completing fiscal year-end closing activities. Staff expects most of the categories to present a more realistic outlook beginning in the second quarter . The operating statement shows the sales tax revenues for the first quarter at 6 percent of the budget. This is a result of Governmental Accounting Standards Board (GASB) Statement No. 33. GASB 33 requires sales tax revenues to be accrued for the period in which it is collected at the point of sale. The State Board of Equalization (SBOE) collects the Measure A funds and remits these funds to the Commission after the reporting period for the businesses. This creates a two-month lag in the receipt of revenues by the Commission. Accordingly, these financial statements reflect the revenues related to collections for July 2014. On a cash basis, the Measure A and Local Transportation Fund (LTF) sales tax revenues are 2.61 and 6.57 percent higher, respectively, than the same period last fiscal year. State Transit Assistance Fund receipts for the first quarter have not yet been submitted by the SBOE. Staff will continue to monitor the trends in the sales tax receipts and report to the Commission any necessary adjustments. Federal, state, and local revenues are on a reimbursement basis. The Commission will receive these revenues as eligible project costs are incurred and invoiced to the respective agencies. The negative revenue amounts for federal and state reimbursements reflect the reversal of Fiscal Year 2013/14 accrued revenues at the beginning of FY 2014/15 in excess of amounts billed during the first quarter. Reimbursement invoices for expenditures through the first quarter will be prepared and submitted in the second quarter . Agenda Item 8A 24 During the FY 2014/15 budget process, the Commission took a conservative approach to estimate the Transportation Uniform Mitigation Fee {TUMF) revenues of $8 million passed through from the Western Riverside Council of Governments {WRCOG). There were no TUMF receipts until the second quarter. The budget balance of $154,600 relates to TUMF zone reimbursements from WRCOG for the 74/215 interchange project. The negative revenue amount for TUMF revenues reflects the reversal of FY 2013/14 accrued revenues at the beginning of FY 2014/15 in excess of amounts billed during the first quarter. Staff will invoice WRCOG for TUMF zone reimbursements as eligible expenditures are incurred through the second quarter. Other revenues include property management revenues generated from properties acquired in connection with the State Route 91 Corridor Improvement Project {SR-91 CIP) and various rail properties. Interest income is slightly higher in the first quarter as a result of the investment earnings in connection with the 2013 sales tax revenue bond and 2013 toll revenue bond proceeds and the conservative approach the Commission took in estimating interest income. The expenditure and other financing source/use categories are in line overall with the expectations of the budget for the first quarter with the following exceptions or noted matters: • Salaries and benefits are slightly over as a result of the prepayment of the FY 2014/15 employer retirement contribution, which provides a discount of one-half of the year's interest; • Capital project expenditures are generally affected by lags in invoices submitted by contractors and consultants, as well as issues encountered during certain phases of the projects. The capital projects budgets tend to be based on aggressive project schedules. The attached Quarterly Project Status report discusses the significant capital projects (i.e., total budgeted costs in excess of $5 million) and related status; • Local streets and roads expenditures are related to the timing of Measure A sales tax revenues as previously explained. These financial statements reflect expenditures made to the local jurisdictions related to collections through July 2014; • Debt service principal payments are made annually on June 1, while interest payments are made semiannually on December 1 and June 1, except for the 2009 Sales Tax Revenue Bonds (variable rate) as those interest payments are monthly; and • The Commission entered into a loan agreement with the U.S. Department of Transportation for a $421,054,409 Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to pay eligible SR-91 CIP costs. The loan is a toll revenue bond (TIFIA Bond) that is subordinate to the 2013 Toll Bonds. Proceeds of the TIFIA Bond may be drawn upon after certain conditions have been. met. During the first quarter, the Commission did not draw upon the TIFIA Bond proceeds. Agenda Item 8A 25 • • • • Attachments: 1) Quarterly Project Status -September 2014 2) Quarterly Financial Statements -September 2014 • • Agenda Item 8A 26 • Project/Description SR-91 Corridor Improvement Project (Design-Build) The project will connect with Orange County Transportation Authority's tolled express lanes at the Orange County/Riverside County line and continue approximately eight miles to the Interstate (l)-15/State Route (SR)-91 interchange. The project involves widening pavement on the outside of the existing highway to reposition general purpose lanes and repurposing the existing High Occupancy Vehicle (HOV) lane to accommodate two-tolled express lanes in the median in each direction. The SR-91 CIP also involves constructing one new general purpose lane in each direction from SR-71 to 1-15, ultimately providing two-tolled express lanes and five general purpose lanes in each direction. SR-91 CIP development activities began in September 2007, construction work related to roadway and structures began in July 2014, and the toll lanes are expected to open in January 2017. The total acquisition and construction cost of the SR-91 CIP is estimated at $1.4 billion, including capitalized interest, debt service reserves, and cost of issuance. 1-15 Corridor Improvement Project (1-15 Express Lanes) The project is currently in the preliminary engineering and environmental phase of work to add up to two-tolled express lanes in each direction from SR-60 to Cajalco Road in Corona. The project will use the design-build method of project delivery. Project development activities began in April 2008 and lanes are expected to open to traffic in 2020. The estimated project cost is $415 million. • • ATTACHMENT 1 RIVERSIDE COUNTY TRANSPORTATION COMMISSION QUARTERLY PROJECT STATUS 1STQUARTER FOR THREE MONTHS ENDED 9/30/2014 FY 2014/15 BUDGET $ 426,435,300 $ 6,608,700 $ 1STQUARTER EXPENDITURES 25,914,279 $ 300,338 27 Status The Design-Build contract is on schedule with actual reported progress of 27 percent as of September 30, 2014. Type selections for all bridges and walls are complete. The Commission has acquired and delivered 152 out of 241 Assessor's Parcel Numbers to the Design-Builder. Construction has begun on three bridges (of 32) and one wall (of 93). Utility relocations (85 total) are well underway. All BNSF Railway track relocations required for project construction are complete. The project has a dyamic community outreach program, which continually interacts with the public to keep it apprised of current project conditions. The substantial completion date of January 2017 is unchanged. The under-run of the FY 2014/15 budget at first quarter can be attributed to three main components: slower ramp-up of major construction than anticipated which resulted in less expenditures for construction; project and construction management, Caltrans support services, and utility relocation costs that have occurred but have yet to be invoiced; and lower than planned right of way (ROW) acquisition and associated goodwill costs through September 2014. Legitimate anticipated cost under-runs (as opposed to billing delays) that have been identified to date are specialized legal services and labor compliance monitoring. Staff continues to advance the project report and environmental document, which is expected to be completed in FY 2015/16. Various methods of project delivery were analyzed in 2013, and ultimately staff received Commission approval in January 2014 to use the design-build method of project delivery and begin planning for the design-build phase of work. The project under-run of the FY 2014/15 budget at first quarter is mainly due to billing delays for both the program manager and preliminary engineering firm, as expenditures only include payments for work performed in July. All other budgeted costs are occurring as planned. Project/Description 91/71 Interchange Improvements Project The project is completing final design for interchange improvements to the 91/71 interchange. Final design began in March 2012. The estimated project cost is $123 million. SR-91 HOV Lanes/Adams Street to 60/91/215 Interchange Construction is on-going along with utility relocation. Construction of the project should be completed in summer of 2015. The estimated project cost is $273 million. 1-215 Corridor Improvements (Central Segment)/ Scott Road to Nuevo Road The project will add one mixed flow lane in each direction. Preliminary engineering began in 2007 and was completed in 2011. Final design began in 2011 and was completed in December 2012; construction began in 2013 and is expected to be completed in 2016. The estimated project cost is $120 million. • FY 2014/15 BUDGET $ 5,835,800 $ 8,917,400 $ 42,509,500 1STQUARTER EXPENDITURES $ 10,974 $ (381,941) $ 4,670,188 2 • Status A contract for the final design consultant was awarded at the February 2012 Commission meeting. A notice to proceed with the final design phase was issued in March 2012. Final design was delayed due to the Army Corps of Engineers (ACOE) requirement for a new environmental assessment on potholing on federal property. The ACOE also required preparation of an additional environmental assessment to cover project construction impacts on federal property resulting from the eastbound SR-91 to northbound SR-71 flyover connector. ROW acquisition is expected to begin in the third quarter of FY 2014/15 and final design is expected to be completed during the second quarter of FY 2014/15. The project under-run of the FY 2014/15 budget at first quarter is due to late billing by the final design firm, as no invoices have been received through September 2014. Additionally there have been no costs to date for design-only utility agreements, ROW appraisals maps, or ACOE review. All other budgeted costs are occurring as planned. Caltrans completed design work and expenditures remain within the budget authority. Utility relocation continues and the submittal of invoices for work incurred to date continues to lag. Staff oversees the ROW acquisition, which has been certified; one acquisition is still pending settlement. Construction began in April 2012 and is managed by Caltrans. The first quarter expenditures reflect the reversal of FY 2013/14 accrued expenditures at the beginning of FY 2014/15 in excess of amounts paid during the first quarter. As invoices are paid during FY 2014/15, this negative amount will be eliminated. The notice to proceed for construction was issued in December 2012, and construction started in January 2013. Delays have occurred due to changes in field conditions, discovery of unsuitable material, and an existing sewer line in the state right of way. Additionally, the under-run of the FY 2014/15 budget at first quarter is related to lagging construction invoice submittals. • • ProjecUDescription Mid County Parkway A recirculated project report and environmental document is under development for a new corridor from 1-215 to SR-79. The environmental phase is anticipated to be completed in FY 2014/15. Construction of this new facility will be completed over many years as funding becomes available; the project cost is estimated at $1.3 to $1.6 billion. Perris Valley Line and other rail projects The project is in the construction phase with the extension of commuter rail services to the city of Perris. The project commenced in December 2007 when the Commission received approval from the Federal Transit Administration (FTA) to move into project development. Expected completion date is December 2015 for an estimated project cost of $248.3 million. Other rail projects include adding a fourth main track between the Riverside Downtown station to the connector to the San Jacinto Branch Line at Highgrove. FY 2014/15 BUDGET $ 13,030,800 $ 140,981,300 • 1ST QUARTER EXPENDITURES $ 218,522 $ 5,946,513 • Status Staff continues to work toward the completion of the Environmental Impact Report (EIR)/Environmental Impact Study (EIS). The Multi-Species Habitat Conservation Plan Consistency Analysis and the Determination of Biological Equivalent Superior Preservation is scheduled to be completed and resubmitted to the Riverside Conservation Authority during the second quarter of FY 2014/15. The final environmental document internal review began in September 2014. A budget amendment was approved by the Commission in April 2014 to allocate additional funding for the completion of Phase II Final EIR/Supplemental EIS. The agreement was signed in June 2014. Submittal of invoices by consultant is lagging. Final design is complete, and the FTA awarded the Small Starts Grant Agreement funds. ROW acquisition activities for the station and layover facility at south Perris have been completed. Following the settlement of a lawsuit challenging elements of the California Environmental Quality Act document in July 2013, the construction contract was given full notice to proceed in October 2013 following FTA approval of the Small Starts Grant Agreement. Active construction commenced in January 2014; some construction delays have occurred due to various factors. These delays are not expected to impact the scheduled completion date. This list discusses the significant capital projects (i.e., total budgeted costs in excess of $5 million) and related status. Capital project expenditures are generally affected by lags in invoices submitted by contractors and consultants, as well as issues encountered during certain phases of the projects. The capital projects budgets tend to be based on aggressive project schedules. 29 RIVERSIDE COUNTY TRANPORTATION COMMISSION ATTACHMENT 2 QUARTERLY BUDGET TO ACTUAL 1STQUARTER • FOR THREE MONTHS ENDED 9/30/2014 REMAINING PERCENT FY 2014/15 1STQUARTER BUDGET ACTUAL BALANCE UTILIZATION Revenues Sales tax $ 261,444,700 $ 15,527,000 $ (245,917,700) 6% Federal reimbursements 83,351,400 (8,051,228) (91,402,628) -10% State reimbursements 92,503,000 (1,839,652) (94,342,652) -2% Local reimbursements 6,211,000 22,661 (6, 188,339) 0% Transportation Uniform Mitigation Fee 8,154,600 (65,282) (8,219,882) -1% Other revenues 575,000 87,836 (487,164) 15% Investment income 2,450,900 772,158 (1,678,742) 32% Total revenues 454,690,600 6,453,493 (448,237,107) 1% Expenditures Salaries and benefits 8,280,300 2,741,322 5,538,978 33% Professional and support Professional services 15,791,100 1, 114,961 14,676,139 7% Support costs 5,705,600 1,425,445 4,280,155 25% Total Professional and support costs 21,496,700 2,540,406 18,956,294 12% Projects and operations Program operations -general 21,404,600 854,644 20,549,956 4% Engineering 17,867,000 522,510 17,344,490 3% Construction 241,314,180 12,801,093 228,513,087 5% Design Build 254,803,500 23,333,910 231,469,590 9% Right of way/land 186,033,400 1, 114,749 184,918,651 1% Operating and capital disbursements 139, 945, 189 28,974,073 110,971,116 21% Special studies 1,070,000 1,070,000 N/A • Local streets and roads 49,882,000 3,063,996 46,818,004 6% Regional arterials 30,400,000 5,127,128 25,272,872 17% Total projects and operations 942,719,869 75,792,103 866,927,766 8% Debt service Principal 7,400,000 7,400,000 N/A Interest 47,296,200 1,307,333 45,988,867 3% Total debt service 54,696,200 1,307,333 53,388,867 2% Capital outlay 3,700,000 11,444 3,688,556 0% Total Expenditures 1,030,893,069 82,392,608 948,500,461 8% Excess revenues over (under) expenditures (576,202,469) (75,939, 115) 965,844,951 13% Other financing sources/(uses) Operating transfer in 526,384,700 31,149,654 (495,235,046) 6% Operating transfer out (526,384, 700) (31, 149,654) 495,235,046 6% TIFIA loan proceeds 191,600,000 (191,600,000) N/A Total financing sources/(uses) 191,600,000 191,600,000 N/A Net change in fund balances (384,602,469) (75,939, 115) 1, 157,444,951 20% Fund balance July 1, 2014 986,842,300 1,031,476,421 44,634, 121 105% Fund balance September 30, 2014 $ 602,239,831 $ 955,537,306 $ 1,202,079,072 159% • 30 • Revenues Sales tax Federal reimbursements State reimbursements Local reimbursements Transportation Uniform Mitil'.lation Fee Other revenues Investment income Total revenues El<Penditures Salaries and benefits Professional and support Professional services Support costs Total Professional and support costs Projects and operations Proaram operations -oeneral Enaineerina Construction Desion Budd RiQht of wavlland Operatino and capital disbursements Local streets and roads ReQlonal artenals Total oroiects and operations Debt service Interest Total debt service Caoital outlav Total Expenditures Excess revenues over funder) expenditures Otherfinancinpsources/(uses) Ooeratino transfer in Ooeratini:i transfer out Total finandno sourcesl(uses) Netchanaeinfund balances Fund balance Julv 1. 2014 Fund balance September 30, 2014 GENERAL FUND FSPI SAFE MEASURE A SALES TAX \/VESTERN COUNTY COACHELLA VALLEY PALO VERDE VALLEY • RIVERSIDE COUNTY TRANSPORTATION COMMISSION QUARTERLY BUDGET TO ACTUAL BY FUND 1STQUARTER FOR THREE MONTHS ENDED 9/30/201.f SPECIAL REVENUE FUNDS TRANSPORTATION DEVELOPMENT ACT LOCAL TRANSPORTATION FUND STATE TRANSIT ASSISTANCE TRANSPORTATION UNIFORM MITIGATION FEE CTUMF) COACHELLA VALLEY RAIL CAPITAL PROJECTS FUNDS COMMERCIAL PAPER SALES TAX BONDS TOLL REVENUE BONDS DEBT SERVICE • COMBINED TOTAL 290.000 $ $ 7,648,915 $ 2.377,403 $ 70,382 $ 5, 140,300 $ $ $ $ $ s s s 15,527,000 (8,051,228) (8,051,228) (35,224) (1,804,428) (1,839,652) 20,744 (13,800) 12,626 3,091 22,661 (65.282) (65,282) 1.446 86,390 87,836 1 594 445 025 ?21 861 34 3Q2 69 286 772158 276,966 (13,800) (2,171.413) 2.377,403 70,382 5,143,391 445,025 221,861 34,392 69,286 6,453,493 2,060,608 19,131 601,076 19 47.209 13,279 (124,997\ 18.585 1.193.478 27,475 420 1 158176 89 541 172 418 5.310 1.033, 179 108.126 1.365,896 27.475 5,730 182,009 402,201 251.457 1.317 258.860 13.129.005 23,333,910 947,754 5,849,887 1,188,120 1.461,500 2.161.523 832,091 127128 6,031.896 402,201 41.270.629 7.422.036 2,999 8.445 9128682 529 458 43 246 046 7 422 055 (8.851.7161 {543.258) (45.417.4591 !5.044.652) 20,101,169 373,397 70,382 70,382 20,101,169 373,397 70 382 20.101,169 373.397 (14.957,7781 {373,397) 17.660 263.650 (327,912) 166,995 120.393 195.077 (195,077) 19.009 (19,0091 1.307,333 1.307.333 1.307.333 445,025 221,861 34,392 11.238,047) 2,741,322 1,114,961 1.425.445 2.540.406 854,644 522,510 12,801,093 23,333,910 1,114,749 28,974,073 3,063,996 5.127,128 75,792,103 1.307.333 1,307,333 11,444 82.392.608 {75,939.115) 7,042.580 19,992,056 5,493 211.128 3.898.397 31, 149,654 (3 945 0421 (7 253 7081 ---{!i.4~_4) (19,396,690) (548.720) (31.149,654) 7.042.580 16.047.014 5.493 (7.253.708) 211.128 (5.494) (19.396.690) (548.7201 3.898.397 (1.809, 136) (543,258) (29.370,445) (5,039.159) (22.211,486) (373.3971 (195.077) 192.119 439.531 (19, 174,829) 1514,3281 2,660.350 (75,939, 115) 10 590 109 7 890 918 336 826 290 33 433 491 55f:! ___ ____115J31L3Q9 _________ 05.502.966 _ 57.316.771 4.134.185 28.409.089 199.471.010 45.709.443 1_3_6.312.284 1.031.476.421 $ 8 780 973 $ 7 347 660 $ 307 455 845 $ 28 394 332 s 556 s 93 665 823 $ 55 J29 569 $ 57 123 694 $ 4 32§ 394 $ 28 848 520 $ 182 296 181 $ --i§T9ffi5$~ ij4T95TI31306 31 • AGENDA ITEM 88 • • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: November 12, 2014 TO: Riverside County Transportation Commission FROM: Michele Cisneros, Finance Manager/Controller THROUGH: Anne Mayer, Executive Director SUBJECT: Quarterly Sales Tax Analysis STAFF RECOMMENDATION: This item is for the Commission to receive and file the sales tax analysis for Quarter 2 2014 (Q2 2014). BACKGROUND INFORMATION: At its December 2007 meeting, the Commission awarded an agreement to MuniServices, LLC (MuniServices) for quarterly sales tax reporting services plus additional fees contingent on additional sales tax revenue generated from the transactions and use tax (sales tax) audit services. As part of the recurring contracts process, the Commission approved a five-year extension through June 30, 2018. The services performed under this agreement pertain to only the Measure A sales tax revenues. Since the commencement of these services, MuniServices submitted an audit update, which reported findings generated and submitted to the State Board of Equalization {SBOE) for review and determination of errors in sales tax reporting related to 308 businesses. For Ql 2014, the SBOE approved corrections for 221 of these accounts for a total sales tax revenue recovery of $4,429,878. Updated amounts through Q2 2014 will be provided once received from MuniServices. If the SBOE concurs with the error{s) for the remaining claims, the Commission will receive additional revenues; however, the magnitude of the value of the remaining findings was not available. It is important to note that while the recoveries of additional revenues will be tangible, it will not be sufficient to alter the overall trend of sales tax revenues. Additionally, MuniServices provided the Commission with the quarterly sales tax summary report for the Q2 2014. Most of the Q2 2014 Measure A sales tax revenues were received by the Commission in the third quarter of calendar year 2014, during July through September 2014, due to a lag in the sales tax calendar. The summary section of the Q2 2014 report is attached and includes an overview of California sales tax receipts, local results, historical cash collections analysis by quarter, summary of the top 25 sales/use tax contributors, historical sales tax amounts, annual sales tax by business category, five-year economic trend for significant business category (business to business}, and results . Agenda Item 8B 32 Sales tax receipts for Riverside County were 4.5 percent compared to the Q2 2013. While auto sales-new and building materials-wholesale had the largest gains in Q2 2014 benchmark year, the segments that reflected losses during the same period were service stations and light industry. The lower sales tax receipts in service stations, similar to recent prior quarters, can be attributed to lower gas prices. In light industry decreased sales tax receipts can be attributed to a decline in use tax sales on heavy equipment used by energy-related companies in the completion of renewable energy developments in Riverside County. Taxable transactions for the top 25 tax contributors in Riverside County generated 22 percent of taxable sales for the year ended Q2 2014, which is slightly less than the 23.5 percent for the year ended Q2 2013. The top 100 tax contributors generated 36 percent of the taxable sales for the year ended Q2 2014, compared to the 37.5 percent for the year ended Q2 2013. In the Economic Category Analysis below, all six categories experienced new highs in the Q2 2014 benchmark year compared to Q2 2013. Miscellaneous and construction had the largest increases at 8.6 and 8.1 percent, respectively. The construction increase was primarily related to the building materials-wholesale segment. The other four economic categories had increases ranging from 0.6 percent to 6.2 percent. Food Products 16.4 I 6.2 19.4 / 5.0 18.8/ 6.9 14.8 / 5.6 16.8 / 6.3 16.4 / 3.2 15.9 / 2.9 Transportation 21.0 I 5.8 25.1/4.4 28.3 /7.9 29.6 / 5.1 28.9 / 6.2 28.9 /6.2 27.2 / 5.1 Construction 11.9 I a.1 9.1/5.1 13.4/10.0 8.5 / ·0.6 10.9 / 5.8 9.2/7.6 10.7 / 5.3 11.2 / 6.5 Business to Business 14.5 I o.6 16.9 / 3.4 10.3 / ·1.0 20.4 / 8.6 15.6 / 5.4 19.3 / 3.0 14.1/2.6 14.2 / 2.4 Miscellaneous 1.9 / 8.6 1.1/·0.7 0.9 / 5.2 1.2 / ·25.1 1.0 / ·14.9 1.1 / -4.1 1.6/ 1.8 1.1 /-3.1 Total 100.0 I 4.9 100.0/3.6 100.0 / 5.3 100.0/ 4.6 100.0/ 5.0 100.0/ 4.0 100.0/ 3.6 100.0/3.9 General Retilil: Apparel Stores, Department Stores, Furniture/Appliances, Drug Stores, Recreation Products, Florist/Nursery, and Misc. Retail Food Products: Restaurants, Food Markets, Liquor Stores, and Food Processing Equipment Construction: Building Materials Retail and Building Materials Wholesale Transportation: Auto Parts/Repair, Auto Sales -New, Auto Sales -Used, Service Stations, and Misc. Vehicle Sales 17.0/ 3.4 1.1/5.3 100.0 / 3.2 Business to Business: Office Equip., Electronic Equip,, Business Services, Energy Sales, Chemical Products, Heavy Industry, Light Industry, and Leasing Miscellaneous: Health & Government, Miscellaneous Other, and Closed Account Adjustments 9.3/5.7 5.2 / ·0.9 1.2 /12.0 100.0/ 1.8 For 8 of the top 10 segments (auto sales-new, department stores, restaurants, building materials-wholesale, miscellaneous retail, apparel stores, food markets, and building materials- retail) during the past nine quarters, sales tax receipts reached a new high point. These 8 segments represent 60.7 percent of the total sales tax receipts. Service stations and light industry, two of the top 10 segments representing 10.8 and 4.3 percent of the total sales tax receipts respectively, remained relatively flat compared to its lowest points in Ql 2014 and Q4 2013, respectively. The top 10 segments represent 75.8 percent of the total sales tax receipts. For the other segments representing 24.2 percent of the total sales tax receipts, the segments representing 19.4 percent of the total sales tax receipts reached new high points in the past two years during Q2 2014. In the Economic Segment Analysis below, auto sales-new, service stations, and departments stores represent the three largest segments for Riverside County, or 32.4 percent of total sales Agenda Item BB 33 • • • • • • taxes. This is the seventh consecutive quarter since Q3 2008 that auto sales-new and department stores have been in the top three economic segments. Growth seen in previous quarters for the service stations segment has been declining as shown in the 1.0 percent decrease for the year ended Q2 2014 due to lower gas prices. Largest Segment Auto Sales-Restaurants Auto Sales-Service Service Auto Sales-Department Service Restaurants Restaurants Restaurants New New Stations Stations New Stores Stations % of Total/% Change 10.8 I 11.6 13.4 I 6.o 11.8/ 14.6 12.1 I o.9 12.2 I o.8 14.4I1.6 11.9I10.9 13.8/ 1.1 14.6 I 5.5 13.3 I -1.s 21.3 I 2.9 2nd Largest Segment Service Auto Sales-Department Department Department Auto Sales-Department Service Auto Sales-Department Misc. Retail Stations New Stores Stores Stores New Stores Stations New Stores % of Total/% Change 10.S I -1.0 10.4 I 9.7 11.6 I o.5 10.7/2.1 11.1I1.4 10.0 / 7.4 11.4/0.0 11.3 /-0.3 10.7 I 9.5 11.3 /-1.1 9.9 I 4.6 3rd Largest Segment Department Department Restaurants Department Auto Sales-Department Auto Sales-Service Stores Stores Restaurants Restaurants Stores Restaurants New Stores New Stations % of Total/% Change 10.S I 2.1 10.o I 0.1 11.6 I 6.6 9.6 I 6.4 10.5 I 6.4 8.5 I -o.5 10.5 I 4.8 9.9 I 11.9 9.8/-0.2 10.2 I 9.2 9.7 /-1.8 During the review of the Q2 2014 detailed report with MuniServices, information regarding sales tax comparisons by city and change by economic category from Q2 2013 to Q2 2014 was provided. Staff continues to monitor monthly sales tax receipts and other available economic data to determine the need for any adjustment to the revenue projections. Staff will utilize the forecast scenarios included with the complete report and recent trends in assessing such projections . Attachments: 1) Sales Tax Digest Summary Q2 2014 2) Quarterly Sales Tax Change Comparison by City for Q2 2013 to Q2 2014 Agenda Item 8B 34 • Riverside County Transportation Commission Sales Tax Digest Summary Collections through September 2014 Sales through June 2014 (2014Q2) CALIFORNIA'S ECONOMIC OUTLOOK ATTACHMENT 1 California sales tax receipts increased by 4.0% over the same quarter from the previous year, with Northern California reporting a 5.9% increase compared to 2.6% for Southern California. Receipts for the RCTC changed by 4.5% over the same periods. Local Governments continue to see the increasing impact of e-commerce and mobile-commerce on Sales Tax Revenues. Major Online Retailers expect sales to grow by anywhere from 1% to 15% in the coming holiday season, putting additional pressure on Brick and Mortar stores. Favorable credit terms and stable fuel prices have sustained growth in New Auto Sales, which is expected to increase 6.9% for 2014. When adjusted for inflation, U.S. expenditures for goods and services increased by 1.8% during the last 12 months compared to 2.24% during the same period a year ago, signaling that overall growth rates for Sales Tax Revenue may not be quite as high in the coming year. • LOCAL RESULTS • Net Cash Receipts Analysis Local Collections Share of County Pool 0.0% Share of State Pool 0.0% SBE Net Collections Less: Amount Due County 0.0% Less: Cost of Administration Net 2Q2014 Receipts Net 2Q2013 Receipts Actual Percentage Change Business Activity Performance Analysis Local Collections Less: Payments for Prior Periods Preliminary 2Q2014 Collections Projected 2Q2014 Late Payments Projected 2Q2014 Final Results Actual 2Q2013 Results Projected Percentage Change www.MuniServices.com {8Q#) 800-8181 $40,986,641 0 0 40,986,641 .OD (479,630) 40,507,011 38,757,308 4.5% $40,986,641 (2,049,524) 38,937,117 1,276,795 40,213,912 38,234,610 5.2% Pagel RCTC HISTORICAL CASH COLLECTIONS ANALYSIS BY QUARTER (in thousands of$) $45,000 $600 $40,000 $500 $35,000 $400 ~ -= $30,000 ... ... ""' ... ... $25,000 Ii<. ... $300 .. =: $20,000 s -'"Cl < $200 ., z $15,000 $10,000 $100 $5,000 $0 $0 1Q2012 2Q2012 3Q2012 4Q2012 1Q2013 2Q2013 3Q2013 4Q2013 1Q2014 2Q2014 -Net Receipts _.,_SBOE Admin Fees Due TOP 25 SALES/USE TAX CONTRIBUTORS The following list identifies RCTC's Top 25 Sales/Use Tax contributors. The list is in alphabetical order and represents sales from July 2013 to June 2014. The Top 25 Sales/Use Tax contributors generate 22.2% of RCTC's total sales and use tax revenue. ALBERTSON'S FOOD CENTERS AMAZON.COM BEST BUY STORES CARMAX THE AUTO SUPERSTORE CHEVRON SERVICE STATIONS CIRCLE K FOOD STORES COSTCO WHOLESALE DEPT OF MOTOR VEHICLES DESERT SUNLIGHT HOME DEPOT JOHNSON MACHINERY COMPANY K MART STORES KOHL'S DEPARTMENT STORES www.MuniServices.com LOWE'S HOME CENTERS MACY'S DEPARTMENT STORE RALPH'S GROCERY ROSS STORES SAM'S CLUB STATER BROS MARKETS TARGET STORES USA SERVICE STATIONS VONS SERVICE STATIONS WAL MART STORES WALGREEN'S DRUG STORES WHIRLPOOL CORPORATION (800) 800-8181 36 Page2 • • • • • • RCTC HISTORICAL SALES TAX AMOUNTS The following chart shows the sales tax level from sales through June 2014, the highs, and the lows for each segment over the last two years. $16,000 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $0 (in thousands of$) ANNUAL SALES TAX BY BUSINESS CATEGORY (in thousands oC $) 2Q2014 1Q2014 .......................... 6 4Q2013 _, 3Q2013 _, 2Q2013 .......................... ,0 ......................... 3 ........................ ,9 1Q2013 _, 4Q2012 _, 3Q2012 ....................... -8 .......................9 .......................... 0 2Q2012 ........................ 3 1Q2012 8 •2Q2014 +High •Low $0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 $160,000 $180,000 I• General Retail • Food Products • Transportation • Construction m Business To Business • Miscellaneous I www.MuniServices.com (800) 800-8181 37 Page3 RCTC FIVE-YEAR ECONOMIC TREND: Business To Business (in thousands of"$) $7,000 -r-------------------------------------. $6,000 +----------------------- $4,000 $3,000 $2,000 $1,000 $0 i i g ::: ... ::: ... -= ... ... ... ... s ~ § § s .... § O' .... ..... ..., FINAL RESULTS: January-March 2014 Sales Local Net Cash Collections Less: Pool Amounts Less: Prior Quarter Payments Add: Late Payments ----:::1 ----= = ... = = ...... .... ...... .... § s O' O' O' ...... ..., .... Local Net Economic Collections after Adjustments Percent Change from January-March 2013 Sales MUNISERVICES' ON-GOING AUDIT RESULTS This Quarter $205,576 Total to Date $4,582,782 www.MuniServices.com (800) 800-8181 38 :::1 :::1 :::1 .... = = ..... ...... ...... O' O' O' ..... ..., .... $38,312, 787 ($-471,420) ($1,722,599) $1,545,820 $38,607,429 UP BY 4.6% ::'.:l ::'.:l ::'.:l ::I :;!; :;!; = = ... = = c:> ..... s s s § s s ..... ..., ..... ...... Page4 • • • Quarte.es Tax Change ·"" RCTC Banning Beaumont Blythe Calimesa Canyon Lake Cathedral City Coachella Corona Desert Hot Springs Eastvale Hemet Indian Wells Indio Jurupa Valley La Quinta Lake Elsinore Menifee Moreno Valley Murrieta Norco Palm Desert Palm Springs Perris Rancho Mirage Riverside Riverside County San Jacinto Temecula Wildomar .. ·~ cu r:r: '" Q; c: cu 6.0% 4.2% 6.8% -1.2% 11.2% -39.7% -S.1% 22.8% 1.3% -O.S% 1.8% 1.S% 14.4% 0.9% 8.1% -0.4% S.2% 0.3% 4.4% 2.8% 19.9% 5.4% 2.0% 1.7% S.1% 6.2% lS.1% 1.4% 4.6% 14.0% 21 y .g a £: .. "" 4.8% 2.S% 2.7% -S.S% 6.2% -66.9% 4.3% 1.6% 4.6% 6.0% 22.7% 8.6% 13.7% 0.9% 6.3% 2.4% 2.4% 7.4% 8.7% 6.9% 7.S% 1.9% 4.9% 4.S% lS.3% S.0% 10.S% 6.9% S.0% 12.1% c: 0 "f 0 c. "' c: ~ S.3% 4.2% 2.2% -3.S% 3.4% 191.S% 4.0% 4.0% S.4% 3.7% 6.3% 13.9% -30.9% 12.2% -8.S% 16.8% -1.4% 0.3% 4.3% 11.7% 10.0% 2.9% 7.4% -1.3% 20.8% lS.0% 3.0% 12.4% 10.2% 23.1% c: 0 'ti 2 ti c: 0 3.3% 17.9% -4.8% -8.2% -9.8% -7.8% 10.0% 32.4% 4.9% -2.6% lS.8% -3.S% -71.9% 10.2% 13.8% 3.9% 12.6% 1.2% 23.S% 4.4% -S3.0% 0.0% 13.3% 10.1% 4.2% 23.0% -7.2% 63.S% 7.0% -S.3% "' Kl c: ·;;; :::! co .s "' Kl c: ·v; :::! 3.4% 2.9% -4.6% 18.4% 8.0% 13S.9% 3.4% 0.7% 10.6% -33.4% 4.4% 11.1% 70.S% S.3% 11.6% 4.1% 20.1% lS.2% 79.6% 2S.0% 14.3% -0.4% 0.3% -12.2% 13.3% 7.9% -S2.6% S9.9% -8.4% 8.2% "' :::! g c: .!!! ~ ~ 11.8% -21.6% 13.4% -43.6% -42.0% -26.0% 12.6% 109.0% -27.3% 10.9% 1S.S% 23.2% lS.0% -2S.6% -19.4% -10.3% -8.1% -78.S% -lS.9% 40.0% -7.1% 16.2% 12.7% -18.2% 8.2% 19.4% 16.4% -3.1% 23.2% -21.1% April -June 2014 (2014Q2) 1',1 40,142,388 464,040 914,683 405,404 167,166 40,036 1,880,267 832,409 8,267,366 343,465 1,424,113 2,496,737 230,269 2,230,759 2,122,441 1,823,039 1,814,734 1,237,116 3,778,170 3,073,720 1,270,812 3,742,499 2,590,690 1,913,644 1,078,292 12,813,172 7,278,848 590,858 6,866,853 372,669 • April -June 2013 (2013Q2) 38,234,164 444,301 896,721 413,S72 1S9,471 67,110 1,822,087 777,142 7,869,S8S 33S,174 1,313,279 2,299,S92 203,041 2,099,867 2,036,271 1,7S9,171 1,74S,085 1,21S,087 3,387,836 2,836,792 1,181,598 3,604,481 2,467,913 1,968,809 9S7,620 11,498,992 7,S31,294 S34,717 6,S22,428 321,499 39 %Ch 5.0% 4.4% 2.0% -2.0% 4.8% -40.3% 3.2% 7.1% 5.1% 2.5% 8.4% 8.6% 13.4% 6.2% 4.2% 3.6% 4.0% 1.8% 11.5% 8.4% 7.6% 3.8% 5.0% -2.8% 12.6% 11.4% -3.4% 10.5% 5.3% 15.9% G. G' Auto Sales -New Miscellaneous Retail Auto Sales -New Misc. Vehicle Sales Department Stores Misc. Vehicle Sales Energy Sales Auto Sales -New Restaurants Service Stations Service Stations Energy Sales Auto Sales -New Leasing Department Stores Bldg.Matls-Whsle Service Stations Light Industry Service Stations Restaurants Bldg.Matls-Whsle Restaurants Auto Sales -New Restaurants Restaurants Business Services Service Stations Auto Sales -New Heavy Industry Department Stores Auto Sales -New Auto Parts/Repair Bldg.Matls-Whsle Department Stores Restaurants Service Stations Heavy Industry Bldg.Matls-Whsle Auto Sales -New Energy Sales Auto Sales -Used Miscellaneous Retail Apparel Stores Recreation Products Restaurants Service Stations Bldg.Matls-Whsle Electronic Equipment Restaurants Auto Sales -New Auto Sales -New Bldg.Matls-Whsle Apparel Stores Service Stations Bldg.Matls-Whsle Auto Parts/Repair Auto Sales -New Department Stores Service Stations Food Markets ATTACHMENT 2 • D r D ,'"" '}~ Electronic Equipment Recreation Products Service Stations Energy Sales Bldg.Matls-Whsle Light Industry Service Stations Auto Parts/Repair Auto Parts/Repair Miscellaneous Retail Liquor Stores Department Stores Furniture/ Appliance Business Services Food Processing Eqp Florist/Nursery Leasing Auto Sales -New Heavy Industry Department Stores Bldg.Matis-Retail Furniture/ Appliance Light Industry Bldg.Matis-Retail Light Industry Misc. Vehicle Sales Miscellaneous Other Auto Parts/Repair Auto Parts/Repair Misc. Vehicle Sales Service Stations Furniture/ Appliance Auto Sales -New Light Industry Auto Sales -New Health & Government Bldg. Matis-Retail Furniture/ Appliance Recreation Products Heavy Industry Bldg.Matis-Retail Light Industry Restaurants Light Industry Misc. Vehicle Sales Department Stores Heavy Industry Miscellaneous Other Misc. Vehicle Sales Recreation Products Office Equipment Light Industry Electronic Equipment Bldg.Matls-Whsle Auto Sales -Used Bldg.Matis-Retail Energy Sales Light Industry Bldg.Matls-Whsle Health & Government • AGENDA ITEM SC • .. • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: November 12, 2014 TO: Riverside County Transportation Commission Megan Kavand, Accounting Technician FROM: Anne Hallberg, Accounting Supervisor Theresia Trevino, Chief Financial Officer THROUGH: Anne Mayer, Executive Director SUBJECT: Quarterly Investment Report STAFF RECOMMENDATION: This item is for the Commission to receive and file the Quarterly Investment Report for the quarter ended September 30, 2014. BACKGROUND INFORMATION: For the past few years and as a result of a low interest rate environment, the Commission's quarterly investment reports have reflected investments primarily concentrated in the Riverside County Pooled Investment Fund (RCPIF). Other investments included the state Local Agency Investment Fund and mutual funds. In connection with the issuance of sales tax revenue bonds and toll revenue bonds and the execution of Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for the State Route 91 Corridor Improvement Project (SR-91 CIP), the Commission anticipated the need to engage an investment manager for the bond proceeds and other required funds. Additionally, the Commission desired to engage an investment manager to provide investment advisory and management services related to the Commission's operating funds. Accordingly, at its May 2013 meeting, the Commission awarded two investment management services agreements to Logan Circle Partners, L.P. (Logan) for SR-91 CIP funds and to Payden & Rygel Investment Management (Payden & Rygel) for Commission operating funds. Logan invested the SR-91 CIP debt proceeds during the first quarter of FY 2014/15 in the Short- Term Actively Managed Program (STAMP). Since most of the activity to date has been concentrated in the investment and accounting for the SR-91 CIP financing, Payden & Rygel has not yet been authorized to make specific investments for the Commission's operating funds. The quarterly investment report for the first quarter of FY 2014/15 as required by state law and Commission policy reflects the increased investment activities resulting from the SR-91 CIP. The quarterly investment report includes the following information: Agenda Item 8C 40 • Investment Portfolio Report • STAMP Portfolio by Investment Category • STAMP Portfolio by Account • STAMP Portfolio Transaction Report by Account • STAMP Portfolio Summary of investment by credit rating, industry group, asset class, security type and market sector • STAMP Portfolio Toll Revenue Project Senior Lien Fund Summary of investment by credit rating, industry group, asset class, security type and market sector • STAMP Portfolio Toll Revenue Project Sales Tax Revenue Fund Summary of investment by credit rating, industry group, asset class, security type and market sector • STAMP Portfolio Toll Revenue Series A & Series B Reserve Fund Summary of investment by credit rating, industry group, asset class, security type and market sector • STAMP Portfolio Toll Revenue Project Capitalized Interest Fund Summary of investment by credit rating, industry group, asset class, security type and market sector • STAMP Portfolio Sales Tax Revenue Capitalized Interest Fund Summary of investment by credit rating, industry group, asset class, security type and market sector • Logan Third Quarter 2014 Short Duration Review • County of Riverside Investment Report for the Quarter Ended September 30, 2014 The Commission's investments were in full compliance with the Commission's investment policy adopted on September 10, 2014. Additionally, the Commission has adequate cash flows for the next six months. Attachments: 1) Investment Portfolio Report 2) STAMP Portfolio by Investment Category 3) STAMP Portfolio by Account 4) STAMP Portfolio Transaction Report by Account 5) STAMP Portfolio Summary of Investments 6) STAMP Portfolio Toll Revenue Project Senior Lien Fund Summary of Investments 7) STAMP Portfolio Toll Revenue Project Sales Tax Revenue Fund Summary of Investments 8) STAMP Portfolio Toll Revenue Series A & Series B Reserve Fund Summary of Investments 9) STAMP Portfolio Toll Revenue Project Capitalized Interest Fund Summary of Investments 10) STAMP Portfolio Sales Tax Revenue Capitalized Interest Fund Summary of Investments 11) Logan Third Quarter 2014 Short Duration Review 12) County of Riverside Investment Report Agenda Item BC 41 • • • • Riverside County Transportation Commission Investment Portfolio Report Period Ended: September 30, 2014 OPERATING FUNDS City National Bank Deposits County Treasurer's Pooled Investment Fund Local Agency Investment Fund (LAIF) Subtotal Operating Funds FUNDS HELD IN TRUST County Treasure(s Pooled Investment Fund: Local Transportation Fund Subtotal Funds Held In Trust COMMISSION MANAGED PORTFOLIO US Bank Money Market First American Government Obligation Fund Cost of Issuance Fund BNY Mellon Money Market Subtotal Commission Managed Portfolio STAMP PORTFOLIO for 91 CIP Toll Revenue Project Senior Lien Fund Toll Revenue Project Sales Tax Revenue Fund Series A & Series B Reserve Fund Toll Revenue Project Capitalized Interest Fund Sales Tax Revenue Capitalized Interest Fund Subtotal STAMP Portfolio TOTAL All Cash and lnvestmenl! 450,000,000 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 $ FAIR VALUE 5,053,576 437,695,883 3,629,255 446,378,714 93,718,133 93,718,133 6,192,511 6,192,511 45,162,175 175, 159,539 18,145,563 25,433,961 83,302,548 347,203,787 893,493, 146 o.1'::.__:=:=:=:=:=:=::=:::=:::=:::=::==.-' • RATING COUPON PAR MOODYS/FITCH/S&P RATE VALUE A3/BBB+ N/A Aaa-bf/AAAN1 N/A Not Rated N/A Aaa-bf/AAAN1 NIA Aaa-mf/-/AAAm N/A See attached report for details See attached report for details See attached report for details See attached report for details See attached report for details Nature of Investments •STAMP Portfolio for 91 CIP Reserve •STAMP Portfolio for 91 CIP Project Fund •STAMP Portfolio for 91 CIP capitalized Interest •Commission Managed Portfolio Debt Reserve W Trust Funds •Operating Funds 42 ATTACHMENT 1 PURCHASE MATURITY YIELD TO PURCHASE DATE DATE MATURITY COST N/A 0.42% N/A 0.42% N/A Portfolio Investment Type 38.66% Fixed Income MARKET VALUE • UNREALIZED GAIN (LOSS) 60.04% County Pool/Cash • • • 43 • • ATTACHMENT 2 • STAMP Portfolio by Investment Category for quarter ended September 30, 2014 44 Page 2 of 20 STAMP Portfolio by Investment Category for quarter ended September 30, 2014 • • • • STAMP Portfolio by Investment Category for quarter ended September 30, 2014 46 Page 4 of 20 .. a. • • • • ATTACHMENT 3 • li'IW!tColmlr~Corntnilll!Jn STAMP Portfolio by Account for quarter ended September 30, 2014 48 Page 6 of20 'I:!' .... 0 N r:i M • • • • • • 51 • • STAMP Portfolio Transaction Report by Account Quarter ended September 30, 2014 52 • ATTACHMENT 4 Page 9 of 20 'E ::I 0 (.) (.) "'=" <( .... >-o .C N t: o~ OM c. ... Cl.I Cl.I 0:: .c c E 0 Cl.I ;::: 0. (.) Cl.I :g (/) c "ti nl Cl.I ... "ti I-c 0 Cl.I = ... 0 Cl.I t: t: 0 nl a.. a D.. :12 ~ • • • -c :l 0 u u < '<:!' >-..... .0 ~ t: -00 C.M Cl) ,_ n: _g c E 0 Cl) ·---c. u Cl) ::! Cl) C-c I!! Cl) I-"'C 0 ; = ..... 0 Cl) -t: t: 11) 0 :l a.. 0 a.. ::!!: ~ Cl) -. ~ . 0. c ::s 0 CJ CJ "it <( ..... >-o .Q N t:: • o~ 0. ... Cl> Cl> 0:: .Q c E 0 Cl> ;c. CJ Cl> :Jl Cl) c "" I! Cl> .... -g 0 Cl> = ... 0 Cl> :e t:: 0 CIS a. a a. :!: ~ Cl) • • • -c: ::s 0 u u <( v >. ..... ..c re t:: ~ 00 C.M Cl> ... a: .8 c: E 0 Cl> ·---c. u Cl> :Jl en c: "C Ill Q) ... "C I-c: -~Cl> -... 0 Q) t t:: 0 I'll a. ::s a. 0 :ii! ;:5 en :;; D M . "' . 0. -c ~ 0 u u "it <C .... >-o .C N t ~ 00 C.M Cl) .. 0:: .8 c E 0 Cl) ·---c. u Cl) ix(/) c" f! Cl) I-" c 0 Cl) = .. .E Cl) tt o ns ll.. ~ ll.. 0 ::il ~ Cl) • • • • • • ATTACHMENT 5 STAMP Portfolio Summary of Investments for quarter ended September 30, 2014 150.000.~'0fJ l.?'!,/JC-0,000 1i ~ ilJD,()i'ID,(J(~ « + ~ i "' ~ 75.QOO,DOO 50,000,()()t) :? S, om:i, <'l<.1fl Cash (-0.345'0 M;o..wM&l:ir.ftf1i1111ff (O,Sl~ ------,1 l. FIHtU~ (<)'.).~l'fflil Chad ~_,.;t.;J .. o1-"Wl ~ ~ M4J\.¢1 V.1~ • k~....ul •Negative cash due to unsettled trade at the end of the reporting period ~(7~~ <'.hJn i;:lh.:~W&d by~ M-'•Wt \l~k.M-·• ,,..,,,.--.tactunrfal JJ7.432'Q Asset lla<ked (1;1769'}-.._ -CP 149.156%) AMYldal·Ui.1t1.*5>~ Ch.vl t.:.tk4<~ I.Iv . .&!Ml< l'o'..irkt Ya!~ -+ .V...i.n"""1 t'Mtt~~ 11y, ~ tp_ttttt Vo$u~ + ;\Jtft'.iii4 58 • • • 59 • • • ATTACHMENT 6 STAMP Portfolio tilell!deCounly ~Commission Toll Revenue Project Senior Lien Fund Summary of Investments for quarter ended September 30, 2014 <'ID,00(1,{l!)Q 3~>.nco,t'CO ·u !l '3{)j)OO.OOO ~ .':5-,009,(l<)t) ~ !} Z!'."UlOO.<HW ] ~ lS.000.0CO "' ! 1-:'.l,Ollfi/Jf;:O '$,OO!l,{)(j{! -AAA Cash (C,0%) M(ln•e:y MAl'ket Funds. ro.Ol'Ml A··l· .. C>~" nW.:o.:1M~.d t..,, !kn~ M;11 .. <!1 VO\'<.t"" ·• .. 1,::xxwd -t!1tdrk: {U.40.!() ,ihumac..,dca.15 (4.425'Q -"" A~l A-> ~rt:~1<i~WKI f..»t. ~ 1 .. t • .ui.r.t V..,\W'I i Mi.nl'Wl Utllky t26.16811) ·· -..., __ Md.i511iaf (S9.6l7%) (hFl.,..-tl<-;..!ifl,ll'l.I f;v. ll«d' Mt11fi<tt l,;';ifo!l' + AM,rllitd O<Mt t"4tl(~t.J.1ttl l:w ll-A'><.' Mk•t<~t \J,.W .. • AttnirC 60 • • • 61 • • • ATTACHMENT 7 STAMP Portfolio Toll Revenue Project Sales Tax Revenue Fund Summary of Investments for quarter ended September 30, 2014 UO.OU0,000 · ....................................................................... . 1i ~ Ji ~ !: ~ " " j lno,000,000 M,t.~~1.<)00 t>0,000.000 40,(}0U,{)00 71HlOO.OOO • c.u1h (O.~l MOftey MarUt Futtds (O.Oll'.fl:l -·---\ -·-·-AA~ M-0'1>.ll\ ..:.1''.•.d.ll~J l,,. fl.;f'{.f' M..1rl-'1\ V,tiv,,_ .• A..·~·x•~d -A CORP (6.fi8l%J ABS Cl3.0711()··· f.':h.:in r;4J,·~:l.:<Wr<.l l.>v. !Lli.<1 M.t•~I Y..J.,,,. .,. A~.1..rnti..i 62 Olkti'" V.S·~ .. ne-Cnh to.03381 Mort~&ackW "{O:.~..-----__ ---....... ~ ...... ~-F ....... UIH~ •s.Ht.&itfted (U.07J¥)--thlllty <20.04N / CHdh C..-d AaS «US)ft) ..__,_ us Mttftfdoal• {&..021'11) At.toManuf*ti&A-~ (7..80• CN•i.·«~~U!ld by lQ~k M rtMf '¢#!¥<' -··· lmhu1trlaJ (4S ... 15%) :;:.b.tzt,'..1kuf:>i~l'l<l hy· H.~'><:' M.1.J>,.t V,'tl<i~ • ' I ----- 63 • • • • • ATTACHMENT 8 • STAMP Portfolio ~Cauntylr~!mnmilslcn Series A & Series B Reserve Fund Summary of Investments for quarter ended September 30, 2014 20_i.)Q0,000 1 B.,Oli!l,000 ~COllatCMO (7..91910 . I lQ.000,'.)00 ~ " ~M8$:t1•;;,...,. . Sovet'eltW (62:.J42'Q ~ ~..{}1}!1,0<J<j (.)>urJ.tilk:tjM;tJKI b¥ -··· cnv ... n""•"r {-47.09%) V5GOV.t47.09JID M~W«9* ,,.eked o:Hsm AGCY&OND H5.2S2fe I L l'lx•d Inc°""" (98,129'1>) U~\rl <'.M:.i;l..t!>G<l t,.,_ Ba.w. M..tri..lrl. \!~hit<': "')'-'".lX\h\'<.I the~ Lirk¥llwnJ ~. Gw t.4Jtl~ "'~ ..-,\'l'.'.,;nml (.~rt:TA\k'\llM;Wf k'f &~~<" ~.%,Yil't V.'l!'-'f' "' Atl"~t!<'-s.1 64 • • • 65 • • • ATTACHMENT 9 STAMP Portfolio Toll Revenue Project Capitalized Interest Fund Summary of Investments for quarter ended September 30, 2014 t1,ooo,nvo . e.udt' _122.SGN Otti• tz9~01N "<:I 6,000,000 ~. + g ~ 4,QOU.')00 { --AutoMutttfattunri-5 (11.422')i.) "' ~ 2/)f;i),()\)!) USM~ t·s;:o71~· ~MIS tltc'I"") llL, llL A-A-1+ .. A A~?. Ot.Jrt U.k:l.i~ by: it4lf<l" Mi!!t\Wt. Vi!.itM ABS(7.32~) Mflng.ap~ (U."6971Q I l Flaed llKmne '9".72~"> Cl\.lrt (.~i<.>;i.U~d ~'" il«H~ M-.1r~ V..tWt. .. A;:..:.not;J C:lo,a>t <~!:~t bv. I.I'°"" M,phtt Y.;lnl' ...-Ar.~Hl'l!«i CIM'<t: tAM.viirtM hy· fM.'.« !il!J:,jo,.tt <,"..d-.it ~ ~!.;;:<! 66 • • • 67 • t\OJ.lQlJ,<)00 ~O .. f.JC0,1.10() l ;;;. •lff.1,0C·(.1-,(l<lf.I + 2 ;;; 3Q,OOO,UOO i ,, "'" ,;<n,(l(}0,000 ~ 10,rn:m,<loo • • ATTACHMENT 10 STAMP Portfolio Sales Tax Revenue Capitalized Interest Fund Summary of Investments for quarter ended September 30, 2014 .. AA~ I L Flited lncOP'le C99.841'j 0•;<11• .• ..m.vt.itwf t ... 4;;.~ MtJ.r~;. v.i.;;...,. ... 41<-<-'~ ·--.. . ...... ,. ~--· "" OO'le.F (5.056Wa.., FMLMCQllO (4.s&X> MUNI (7.547'10 -FNMACMO (8.11.17') -~ tMltttl'&m.d Fl_,. s..-w (4.913'#,) ---~(39,lt9'Q; ~o Martufartu....-s -(6.0149Q --DSN1uri<Jp.b t7:S41'D OM;•1.uk:,..~bv.:.it.t•tl:M.•1.re1.VW~ • us~ ltfU9:n(l Fht&ftci.1 (17.92MQ (h;,J'~~kMl..wN by, t.l:W! M.'P~nl-1 Y~• 4 Ar.1.ni«t C')wM. l".M(u~ h>( 64~ "11.11!+.ti \.».l!-.Jt ~ !'<J:.1N'»M<4 68 • • • 69 • • ATTACHMENT 11 LOGANCIRCLE p A R T N E R Riverside County Transportation Commission SHORT DURATION Third Quarter 2014 Review Logan Circle Partners, L.P. • 25 Deforest Avenue Summit, NJ 07901 • 908-376-0550 70 s -~----~ ------------------- • • • 71 • PORTFOLIO REVIEW -Construction Fund Portfolio Characteristics As of July 11, 2013 Actual Portfolio Duration 1.48 Years • As of September 30, 2014 Actual Portfolio Duration 0.12 Years Total Construction Fund (Gross of Fees) 0.08% 0.31% Asset Allocation Municipal 4% ABS 13% Municipal 7% 0.44% CP 75% CP 30% Corporate 5% 0.57% • Citigroup 3-Month Treasury Bill 0.01% 0.03% 0.04% 0.04% Performance is not indicative of future results. Performance returns for periods greater than one year are annualized. The performance benchmark for the Riverside County Construction Fund is the Citigroup 3-Month Treasury Bill, which tracks the return of one three-month Treasury bill until Maturity. 1 72 LOGANCIRCl.-E P A R T N E R S PORTFOLIO REVIEW -Capitalized Interest Fund Portfolio Characteristics As of July 11, 2013 Actual Portfolio Duration 2.39 Years As of September 30, 2014 Actual Portfolio Duration 1.32 Years Total Capitalized Interest Fund (Gross of Fees) B of A ML U.S. Treasury Index 1-3 Year 0.04% 0.03% RMBS 5% Municipal 3% Asset Allocation ABS RMBS CMBS 12% ABS 2% Agency 1% Municipal 7% 0.92% 0.44% 1.42% 0.64% • • 1.78% 0.80% • Past Performance is not indicative of future results. Performance returns for periods greater than one year are annualized. The performance benchmark for the Riverside County Capitalized Interest Fund is the Bank of America Merrill Lynch US Treasury 1-3 Year, which is a broad-based index consisting of U.S. Treasury securities with an outstanding par greater or equal to $25 million and a maturity range from one to three years, inclusive, reflecting total return. 73 LOGANCIRCl.,E 2 P A R T N E R S • PORTFOLIO REVIEW -Debt Reserve Fund Portfolio Characteristics Asset Allocation CMBS As of July 11, 2013 Actual Portfolio Duration 5.04 Years • As of September 30, 2014 Actual Portfolio Duration 4.24 Years Total Debt Service Fund (Gross of Fees) 0.02% 2.91% 2.45% 3.08% • B of A ML U.S. Treasury Index 3-7 Year -0.13% 1.83% 1.42% 1.78% Performance is not indicative of future results. Performance returns for periods greater than one year are annualized. The performance benchmark for the Riverside County Capitalized Interest Fund is the Bank of America Merrill Lynch US Treasury 3-7 Year, which is a broad-based index consisting of U.S. Treasury securities with an outstanding par greater or equal to $25 million and a maturity range from three to seven years, inclusive, reflecting total return. 3 74 LOGANCIRCLE P A R T N E R S - -I PORTFOLIO REVIEW • Portfolio Market Value Construction (Sales Tax) $332,687,595 $158,941,790 $175,526,910 +$1,781,105 Construction (Toll Revenue) $122,120,571 $77,163,237 $45, 195,499 +$238,165 Total Construction Funds $454,808, 167 $236, 105,027 $220,722,409 +$2,019,269 Capitalized Interest (Sales Tax) $103,683,353 $21,904, 124 $83,511,364 +$1,732, 135 • Capitalized Interest (Toll Revenue) $31,416,498 $6,487,054 $25,503,823 +$574,379 Total Capitalized Interest Funds $135,099,851 $28,391, 178 $109,015,187 +$2,306,514 Debt Service Reserve Fund $17,667,869 $0 $18,210,065 +$542,196 • 75 LOGAN(~IRCLE P A R T N E R S 4 • DISCLAIMERS • • 5 In general. This disclaimer applies to this document and the verbal or written comments of any person presenting it. This document, taken together with any such verbal or written comments, is referred to herein as the "Presentation." Logan Circle Partners, L.P., a Fortress Investment Group LLC company, is referred to herein as "Logan Circle". No offer to purchase or sell securities. This Presentation is being provided to you at your specific request. This Presentation does not constitute an offer to sell or a solicitation of an offer to buy any security and may not be relied upon in connection with the purchase or sale of any security. Projections. Projections contained in this Presentation are based on a variety of estimates and assumptions by Logan Circle, including, among others, estimates of future operating results, the value of assets and market conditions at the time of disposition, and the timing and manner of disposition or other realization events. These estimates and assumptions are inherently uncertain and are subject to numerous business, industry, market, regulatory, competitive and financial risks that are outside of Logan Circle's control. There can be no assurance that the assumptions made in connection with the projections will prove accurate, and actual results may differ materially, including the possibility that an investor may lose some or all of its invested capital. The inclusion of the projections herein should not be regarded as an indication that Logan Circle or any of its affiliates considers the projections to be a reliable prediction of future events and the projections should not be relied upon as such. Neither Logan Circle nor any of its affiliates or representatives has made or makes any representation to any person regarding the projections and none of them intends to update or otherwise revise the projections to reflect circumstances existing after the date when made or to reflect the occurrence of future events, if any or all of the assumptions underlying the projections are later shown to be in error. For purposes of this paragraph, the term "projections" includes "targeted returns". Past performance. Past performance is not a reliable indicator of future results and should not be relied upon as the basis for making an investment decision. The information presented is only available for institutional client use and is presented for use only as a one-on-one presentation. No reliance, no update and use of information. You may not rely on this Presentation as the basis upon which to make an investment decision. To the extent that you rely on this Presentation in connection with any investment decision, you do so at your own risk. This Presentation is being provided in summary fashion and does not purport to be complete. The information in the Presentation is provided to you as of the dates indicated and Logan Circle does not intend to update the information after its distribution, even in the event that the information becomes materially inaccurate. Certain information contained in this Presentation, includes performance and characteristics of Logan Circle's strategies and any represented benchmarks, which may derive from calculations or figures that have been provided by independent third parties, or have been prepared internally and have not been audited or verified. Use of different methods for preparing, calculating or presenting information may lead to different results for the information presented, compared to publicly quoted information, and such differences may be material. Knowledge and experience. You acknowledge that you are knowledgeable and experienced with respect to the financial, tax and business aspects of this Presentation and that you will conduct your own independent financial, business, regulatory, accounting, legal and tax investigations with respect to the accuracy, completeness and suitability of this Presentation should you choose to use or rely on this Presentation, at your own risk, for any purpose. Risk of loss. An investment in the strategy will be highly speculative and there can be no assurance that the strategy's investment objectives will be achieved. Investors must be prepared to bear the risk of a total loss of their investment. Distribution of this Presentation. Logan Circle expressly prohibits any reproduction, in hard-copy, electronic or any other form, or any redistribution to any third party of this Presentation without the prior written consent of Logan Circle. This Presentation is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use is contrary to local law or regulation. No tax, legal or accounting advice. This Presentation is not intended to provide, and should not be relied upon for (and you shall not construe it as) accounting, legal, regulatory, financial or tax advice or investment recommendations. Any statements of U.S. federal tax consequences contained in this Presentation were not intended to be used and cannot be used to avoid penalties under the U.S. Internal Revenue Code or to promote, market or recommend to another party any tax-related matters addressed herein. Confidentiality. By accepting receipt or reading any portion of this Presentation, you agree that you will treat the Presentation confidentially. This reminder should not be read to limit, in any way, the terms of any confidentiality agreement you or your organization may have in place with Logan Circle . 76 LOGAN CIRCLE PARTNERS • • ATTACHMENT 12 County of Riverside September Treasurer's Pooled Investment "Black Swans and the GDP Two Step" As discussed in our last quarterly commentary, "Major Flop in GDP," the gross domestic product statistics are a major indicator of the health of the economy. On September 26•h, the Bureau of Economic Analysis (BEA) released the third and final estimate of Q2 GDP that increased at an annual rate of 4.6%. This number reflected growing personal consumption, private in- ventory investment, exports, both residential and nonresidential fixed investment, as well as local gov- ernment spending. Much of this strength was a re- bound from the 2.1 % contraction in activity during Ql. Moreover, this brings us closer to a more realistic rate of around 2% to 3%, providing there are no major unexpected shocks, or black swans (an event(s) that diverges beyond what is normally expected of a situa- tion and that would be extremely difficult to predict) to consumer and or business confidence. On a macro level, there are a number of black swans swimming around the economic pond as of late. Some of these events have simmered somewhat as in the Russian/Ukrainian crisis, but others have grown quickly out of control, such as the ISIS/ISIL terrorist movement, and their barbaric acts garnering world- wide attention and the subsequent conflict in Iraq and Syria. Furthermore, the Ebola virus has the potential to harm global economic growth if not contained and tamped down in West Africa. Ooser to home, the western drought, particularly in California, continues to affect the 8th largest economy in the world and largest food producer in the U.S. This is important to mention because agriculture is Riverside County's largest source of economic output and with dwindling water supplies, the challenge will be how to continue to manage through the dry spell as others are up and down the state. The impacts of fallow fields are hitting us in the pocketbook every time we stroll through the produce section at the gro- cery stores. On a positive note, West Texas intermediate oil has dropped below $90 a barrel, a level we have not seen since early January 2014. Nothing has the potential to jump-start the economy like cheaper energy prices and with domestic production up and the USA besting the Saudis and Russians as the largest oil and natural gas producer in the world, this is good news indeed. Lower gasoline and diesel prices equals more disposa- ble income. At the sixth FOMC meeting of the year on September 17th, the message was much the same, although some- what more restrained. The FED stated, "Economic activity is expanding at a moderate pace. On balance, labor market conditions improved somewhat further." Additionally, "inflation has been running below the Committee's longer run objective. Longer-term infla- tion expectations have remained stable. Beginning in October, the Committee will add to its holdings of agency mortgage-backed securities at a pace of $5 billion per month and will add to its holdings of long- er-term Treasury securities at a pace of $10 billion per month." These statements are considered positive, and as the taper winds down, we're hopeful for an orderly transi- tion in our financial markets as opposed to destructive selloffs; it's likely that the Fed won't be raising rates sometime until the middle of next year, however, this will all depend on if or when the black swans come to roost. Don Kent Treasurer-Tax Collector Capital Markets Team Don Kent Treasurer-Tax Collector Jon Christensen Asst. Treasurer-Tax Collector Giovane Pizano Investment Manager Isela Licea Asst. Investment Manager Investment Objectives The primary objective of the treasurer shall be to safeguard the princip11l of the funds under the treasurer's control, meet the liquidity 11eetls of the depositor, and achieve a retum 1111 the funds under his or her control. RIVERSIDE COUNTY TREASURER'S POOLED INVESTMENT FUND IS CURRENTLY RATED: Aaa-bf BY MOODY'S INVESTOR'S SERVICE AND AAA/Vl BY FITCH RATINGS August 4,738,289,860.85 4,739,621,367.03 0.42 1.33 1.30 June 4,837,170,144.50 4,839,735,132.12 0.42 1.37 1.34 • April 5,767,857,211.55 5,771,530,528.38 (3,673,316.83) (0.06) 0.37 1.23 1.19 ·~~~~~~~~~~~~~~~~~~~...:,_~~~~--'~~~~~~~~~~~~- The Treasurer's Pooled Investment Fund is comprised of the County, Schools, Special Districtsrpnd other Discretionary Depositors. Current Market Data Economic Indicators 09/05/2014 09/26/2014 09/03/2014 Stock Indices Commodities Employment Situation: Measures the number of unemployed as a percentage of the labor force. Real Gross Domestic Product· Q/Q change: The broadest measure of aggregate economic activity and encompasses every sector of the economy. GDP is the country's Factory Orders MfM change: Represents the dollar level of new orders for both durable and nondurable goods. Fed Funds Target Rate Increase to 0.25% 34.0% Increase to 0.75% 0.0% FOMC Meeting Schedule 6.1% 6.1% 4.6% 4.6% 10.9% 10.5% 34.0% 0.0% Gold (USD/OZ) $ 1,208.16 $ (79.65) Rele "" 0 o Risk A~sessmenl 30-Jul 0-.25% Growth 17-Sep 0-.25% Growth US Treasury Curve (M/M) RIVERSIDE COUNTY TREASURER-TAX COLLECTOR 78 • • • 2 • • • TIMMI The Treasurer's Institutional Money Market Index (TIMMI) is compiled and reported by the Riverside County Treasurer's Capital Markets division. It is a composite index derived from four AAA rated prime institutional money market funds. Similar to the Treasurer's Office, prime money market funds invest in a diversified portfolio of U.S. dollar denominated money market instruments including U.S. Treasuries, government agencies, commercial paper, certificates of deposits, repurchase agreements, etc. TIMMI is currently comprised of the five multi billion dollar funds listed below. Federated Prime Obligations Fund POIXX 0.03% Morgan Stanley Institutional Prime liquidity Fund MPFXX 0.04% 1.00% ...,_Pool Yield --TIM1Vl1 0.38% 0.39% 0.38% 0.39% 0.40% 0.40% 0.42% 0.41% 0.42% 0.44% 0.50% 0.33% 0.37% 0.37% • • • • • • • • • • • • • 0.05% 0.05% 0.05% 0.05% 0.04% 0.04% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.04% 0.00% Sep-13 Nov-13 Jan-14 Mar-14 May-14 Jul-14 Sep-14 Cash Flows 10/2014 757.29 890.00 298.22 821.91 12/2014 1,691.73 850.00 841.73 1,355.53 283.28 02/2015 650.00 910.86 455.19 256.35 04/2015 1,375.00 950.00 425.00 0.00 06/2015 750.00 1,220.61 176.31 141.30 50i00 08/2015 725.00 850.00 (125.00) 75.00 193.34 . ioo.oo TOTALS 10,938.03 11,820.27 (882.24) 451.31 5,609.40 3,006.18 4,238.39 9.62% 64.10% 90.38% The Pooled Investment Fund cash flow requirements are based upon a 12 month historical cash flow model. Based upon projected cash receipts and maturing investments, there are sufficient funds to meet future cash flow disbursements over the next 12 months. RIVERSIDE COUNTY TREASURER-TAX COLLECTOR 79 3 ·c.Ai~T-R-usT FNo~·-···1----~-------··:;,r;;;nn11t·--··----·-·s.rooo.oar· ·· ---·-··· -.. ··-······················ ..................................... --------+--·----DDA/PASSBK 145,ooo.oo, LOCAL AGCY OBLIG US TREAS BONDS -----------··---··-11···---~--·-~-·-~~··,,-l---· FHIMCBONDS FNMA DISC NOTES FNMA BONDS FHLB DISC Nora-------· FHLBBONDS ......... 0.00 L J l 11. I I I .. RIVERSIDE COUNTY TREASURER-TAX COLLECTOR II .. 80 • • 4 Maturity Distribution • MMKT 326,000.00 FHLMCBONDS 5,000.00 6tOOO.OO FNMA BONDS 65,000.00 70,500.00 MUNI BONDS 1,635.00 9,355.00 55,975.00 24,535.00 • • RIVERSIDE COUNTY TREASURER-TAX COLLECTOR 81 14,625.00 223,575.00 23t387.00 366,812.00 MMl(f ----... ..--.---l!CIAINllllllllMil1WidilMNr --~-~--UHUM-·Sdlilllulld""" -FllUICQISClllllH---______ .,_.._ -,,_Ol5CllllmS·--_ ,,__.-- FNLa:OUICNOl'l!S· ........... hr -FNL&IClll!lS,_,., -nu-~----lll01!S·----Wit·---------ClllllM---- 326,000.00 304,200.00 733,699.00 9t500.00 5 Aa Aa2 Al AA+ AA, AA- 5.000.00 4,998.50 358,696.00 358,570.04 125,000.00 124,949.09 MOODY'S ·Mll·acl!t •.n-• •*"·IM 118·UM •M·R •W·IM •Af.·:NI 2,925,744.71 2,925,236.68 275,000.00 274,873.34 RIVERSIDE COUNTY TREASURER-TAX COLLECTOR 82 4,979.50 358,605.38 124,973.87 99.62% 100.01 % 100.02% S&P -IM·Mli -M--.- •M+·ll2MI ......... ••-n. 2,920,484.82 99.84% 274,901.00 100.01 % 1.01% 0.14% 0.13% • 0.61% 0.14% • 6 Month End Portfolio Holdings Maturity Yield To Par Book Market Market Unrealized Modified Years To CUSIP De~cription Dale Coupon l\taturity Value Value Price Value Garn/Loss Duration Maturity Fund: 1 POOL FUND CALTRUST HERITAGE FIDELITY PRIME 10/01/2014 10/01/2014 tfT MPFXX OPXX FEDERATED PRIME 10/01/2014 MORGAN STANLEY PRIME 10/01/2014 JP MORGAN PRIME 10/01/2014 CAL TRUST FND CL TR CAL TRUST SHT TERM DDA/PASSBK CASH UB MANAGED RATE LOCAL AGCY OBLIG LAO US DIST COURTHOUSE US TREAS BONDS 912828TU4 U.S. TREASURY BOND 912828TU4 912828UP3 912828SEI 912828UP3 912828UK4 912828RZS 912828RZ5 912828RZ5 912828UK4 912828RZS 912828TM2 912828166 U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND U.S. TREASURY BOND FHLMC DISC NOTES 313396AB9 313397R52 313397P88 313396HY2 313396Bll 313396KP7 313396FQI 313396FE8 FHLMC-DISC NOTE FHLMC-DISC NOTE FHLMC-DISC NOTE FHLMC-DISC NOTE FHLMC-DISC NOTE FHLMC-DISC NOTE FHLMC-DISC NOTE FHLMC-DISC NOTE FHLMCBONDS 3134G3550 FHLMC 4Yr ~~ ~;:B3 3134G34B3 3134G34B3 3!34G34B3 3134G34B3 3134G33R9 3!34G3SSO 3134G36l4 3134G36J4 3134G36J4 3134G4MB1 3134G4M88 3134G4PC6 3134G4PC6 3134G4QA9 3134G4Q68 3134G4QQ4 3134G4RC4 3134G4V39 3134G4VL9 3!34G4V39 3134G4VL9 3134G4VM7 3137EADLO 3137EADLO 3137EADLO 3134GSF7S 3134GSE68 3134GSF75 3134GSGM1 3134GSGMI 3134GSGX7 3134GSGU3 3134GSHL2 3134GSHL2 3134GSHY4 FHLMC 2Yr FHLMC 3YrNc2YrB FHLMC 3YrNc2YrB FHLMC 3YrNc2YrE FHLMC 3YrNc2YrB FHLMC 3YrNc2YrB FHLMC 3YrNc2YrB FHLMC 3YrNc2YrE FHLMC 3YrNcl YrE FHLMC 4Yr FHLMC 3.5YrNc3MoB FHLMC 3YrNc3MoB FHLMC 3.5YrNc3MoB FHLMC 5YrNc6MoB FHLMC SYrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 4YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 3.SYr FHLMC 3.SYr FHLMC 3.2SYr FHLMC SYrNc3MoB FHLMC 5YrNc3MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC SYrNc6MoB FHLMC 5YrNc3MoB FHLMC SYrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FNMA DISC NOTES 313S89M42 FNMA DISC NOTE 313589P23 313S89R70 • 313S8:: 9P23 9R70 313S88AWS FNMA DISC NOTE FNMA DISC NOTE FNMA DISC NOTE FNMA DISC NOTE FNMA DISC NOTE FNMA DISC NOTE FNMA DISC NOTE 10/01/2014 10/01/2014 06/IS/2020 10/31/2014 10/31/2014 02/28/201S 02/1S/201S 02/28/201S 01/31/201S 01/1S/201S Ol/IS/201S Ol/IS/201S Ol/31/201S 01/1S/201S 08/31/2017 06/30/2017 01/02/2015 12/01/2014 11/18/2014 07/10/201S 02/02/2015 OB/18/2015 OS/15/201S OS/05/201S 11/01/2016 12/03/2014 01/28/2016 01/28/2016 01/28/2016 01/28/2016 01/28/2016 01/28/2016 01/28/2016 01/15/2016 11/01/2016 09/14/2016 09/14/2016 09/14/2016 12/18/2018 12/18/2018 12/17/2018 12/17/2018 12/27/2018 12/27/2017 12/27/2018 12/27/2018 02/28/2019 02/28/2019 02/28/2019 02/28/2019 03/11/2019 09/29/201~ 09/29/2017 09/29/2017 OB/21/2019 OB/20/2019 OB/21/2019 OB/28/2019 OB/28/2019 09/16/2019 09/04/2019 09/26/2019 09/26/2019 09/30/2019 10/29/2014 11/12/2014 12/03/2014 12/03/2014 11/19/2014 11/12/2014 12/03/2014 01/21/201S .066 .OS6 .02S .040 .046 .407 .OBO .918 .2SO .250 .250 .2SO .250 .250 .2SO .2SO .250 .250 .2SO .625 .750 .100 .081 .083 .ISO .090 .170 .07S .o75 .62S .320 .500 .500 .soo .500 .500 .soo .soo .4SO .62S .650 .6SO .6SO 1.SOO 1.37S l.37S 1.37S 1.SOO .7SO 1.SOO 1.!SO 1.500 1.500 1.500 1.500 1.SOO 1.000 1.000 1.000 1.500 1.7SO 1.SOO 1.700 1.700 1.62S 1.500 l.7SO 1.750 1.850 .06S .080 .080 .080 .080 .090 .090 .090 RIVERISIDE COUNTY TREASURER-TAX COLLECTOR .066 .OS6 .02S .040 .046 .407 .080 .918 .184 .187 .197 .192 .197 .182 .180 .180 .173 .176 .179 1.013 .932 .100 .OBl .OB3 .150 .094 .170 .075 .07S .647 .320 .soo .soo .500 .soo .500 .S07 .507 .4SO .600 .6SO .6S6 .6SO 1.SOO 1.37S 1.37S 1.422 1.SOO .7SO 1.SOO I.ISO 1.500 1.SOO 1.SOO 1.SlO 1.SOO 1.00B 1.009 1.100 1.500 1.7SO 1.SOO 1.700 1.700 1.62S 1.500 l.7SO 1.7SO 1.850 .06S .OBO .080 .080 .080 .090 .090 .093 90,000,000.00 90,000,000.00 31,000,000.00 SS,000,000.00 60,000,000.00 S4,000,000.00 145,000,000.00 42S,000.00 2S,OOO,OOO.OO 2S,000,000.00 2S,000,000.00 2S,OOO,OOO.OO 2S,OOO,OOO.OO 2S,OOO,OOO.OO 2S,OOO,OOO.OO 2S,OOO,OOO.OO 2S,000,000.00 2S,000,000.00 2S,OOO,OOO.OO S,000,000.00 S,000,000.00 5,000,000.00 3,12S,OOO.OO 5,000,000.00 IS,000,000.00 2s,ooo,ooo.oo 20,000,000.00 2S,OOO,OOO.OO 25,000,000.00 10,000,000.00 S,000,000.00 S,000,000.00 S,000,000.00 S,000,000.00 5,000,000.00 S,000,000.00 10,000,000.00 6,000,000.00 S,000,000.00 4,62S,OOO.OO 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 S,000,000.00 2,675,000.00 13,300,000.00 S,000,000.00 10,000,000.00 10,000,000.00 20,000,000.00 S,000,000.00 15,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 9,lS0,000.00 10,000,000.00 10,000,000.00 10,000,000.00 3,200,000.00 10,000,000.00 10,000,000.00 S,250,000.00 2S,OOO,OOO.OO 9,800,000.00 S,000,000.00 S,07S,OOO.OO S,010,000.00 3,380,000.00 S,000,000.00 2S,000,000.00 83 90,000,000.00 90,000,000.00 31,000,000.00 SS,000,000.00 60,000,000.00 S4,000,000.00 14S,OOO,OOO.OO 42S,OOO.OO 2S,017,S78.13 2S,016,601.56 25,017,578.13 25,018,554.69 2S,017,S78.13 2S,020,S07.81 2S,020,507.81 25,020,507.81 25,021,484.38 2S,021,484.38 25,019,531.25 4,937,109.38 4,971,875.00 4,996,1S2.78 3,123,741.41 4,998,143.75 14,977,687.50 24,988,576.39 19,966,377.78 24,987,604.17 24,988,281.25 9,991,200.00 5,000,000.00 S,000,000.00 s,000,000.00 5,000,000.00 S,000,000.00 5,000,000.00 9,998,000.00 5,998,800.00 S,000,000.00 4,629,301.25 S,000,000.00 4,999,000.00 S,000,000.00 5,000,000.00 10,000,000.00 5,000,000.00 2,668,981.2S 13,300,000.00 5,000,000.00 10,000,000.00 10,000,000.00 20,000,000.00 S,000,000.00 lS,000,000.00 4,997,SOO.OO S,000,000.00 9,997,340.00 9,996,800.00 9,967,700.00 5,000,000.00 10,000,000.00 9,IS0,000.00 10,000,000.00 10,000,000.00 10,000,000.00 3,200,000.00 10,000,000.00 10,000,000.00 s,2so,ooo.oo 24,992,190.97 9,796,493.78 4,998,033.33 5,073,026.39 S,008,229.80 3,378,749.40 4,997,887.50 24,989,S29.SI 100.000000 100.000000 100.000000 100.000000 100.000000 100.000000 100.000000 100.000000 100.016000 100.016000 100.0B6000 100.078000 100.0B6000 100.066000 IOO.OS9000 IOO.OS9000 100.059000 100.066000 100.0S9000 98.680000 99.336000 99.99SOOO 99.997000 99.998000 99.949000 99.993000 99.902000 99.972000 99.973000 99.721000 100.044000 100.040000 100.040000 100.040000 100.040000 100.040000 100.040000 100.040000 100.0B7000 99.721000 99.712000 99.712000 99.712000 100.191000 100.153000 l00.14SOOO 100.145000 100.230000 100.096000 100.230000 100.164000 100.219000 99.984000 100.219000 99.984000 100.096000 99.549000 99.549000 99.S49000 100.015000 100.0B7000 100.015000 99.93SOOO 99.935000 99.657000 99.526000 99.974000 99.974000 99.926000 99.999000 99.998000 99.997000 99.997000 99.998000 99.998000 99.997000 99.994000 90,000,000.00 90,000,000.00 31,000,000.00 5S,000,000.00 60,000,000.00 S4,000,000.00 14S,OOO,OOO.OO 425,000.00 25,004,000.00 25,004,000.00 25,021,500.00 2S,019,SOO.OO 25,021,500.00 25,016,500.00 25,014,7SO.OO 25,014,750.00 25,014,750.00 25,016,500.00 2S,014,7SO.OO 4,934,000.00 4,966 800.00 4,999,7SO.OO 3,124,906.25 4,999,900.00 14,992,3SO.OO 24,998,250.00 19,980,400.00 24,993,000.00 24,993,250.00 9,972,100.00 5,002,200.00 5,002,000.00 S,002,000.00 5,002,000.00 S,002,000.00 5,002,000.00 10,004,000.00 6,002,400.00 S,004,350.00 4,612,096.2S 4,98S,600.00 4,985,600.00 4,98S,600.00 5,009,550.00 10,0lS,300.00 5,007,2SO.OO 2,678,878.75 13,330,590.00 S,004,800.00 10,023,000.00 10,016,400.00 20,043,800.00 4,999,200.00 15,032,850.00 4,999,200.00 5,004,800.00 9,954,900.00 9,954,900.00 9,954,900.00 S,000,750.00 10,008,700.00 9,151,372.SO 9,993,500.00 9,993,500.00 9,965,700.00 3,184,832.00 9,997,400.00 9,997,400.00 S,246,115.00 24,999,7SO.OO 9,799,804.00 4,999,8SO.OO S,074,847.75 5,009,899.80 3,379,932.40 4,999,850.00 24,998,S00.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -13,578.13 -12,60!.S6 3,921.87 94S.31 3,921.87 -4,007.81 -5,7S7.81 -5,7S7.81 -6,734.38 -4,984.38 -4,78!.2S -3,10938 -S,07S.OO 3,597.22 1,164.84 1,756.25 14,662.SO 9,673.61 14,022.22 5,395.83 4,968.75 -19,100.00 2,200.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 6,000.00 3,600.00 4,3SO.OO -17,205.00 ·14,400.00 -13,400.00 -14,400.00 9,SS0.00 IS,300.00 7,250.00 9,897.50 30,S90.00 4,800.00 23,000.00 16,400.00 43,800.00 -800.00 32,8S0.00 1,700.00 4,800.00 -42,440.00 -41,900.00 -12,800.00 750.00 8,700.00 1,372.50 -6,500.00 -6,S00.00 -34,300.00 -IS,168.00 -2,600.00 -2,600.00 -3,885.00 7,SS9.03 3,310.22 1,816.67 1,821.36 1,670.00 1,183.00 1,962.50 8,970.49 .003 .003 .003 .003 .003 .003 .003 2.837 .OBS .OBS .413 .3n .413 .336 .293 .293 .293 .336 .293 2.879 2.709 .257 .170 .134 .774 .342 .880 .621 .S94 2.064 .175 1.321 1.321 1.321 1.321 1.321 1.321 1.321 l.28S 2.064 1.940 1.939 1.940 4.0SS 4.068 4.06S 4.064 4.079 3.191 4.079 4.116 4.253 4.2S3 4.2S3 4.2S3 4.283 2.94S 2.94S 2.944 4.692 4.6S7 4.692 4.691 4.691 4.74S 4.728 4.7S7 4.757 4.7S5 .079 .118 .17S .175 .137 .118 .17S .309 .003 .003 .003 .003 .003 .003 .003 S.712 .OBS .OBS .414 .378 .414 .337 .293 .293 .293 337 .293 2.921 2.751 .258 .170 .134 .77S .342 .882 .622 .595 2.090 .17S 1.329 1.329 1.329 1.329 1.329 1.329 1.329 1.293 2.090 1.9S9 1.959 1.959 4.219 4.219 4.216 4.216 4.244 3.244 4.244 4.244 4.416 4.416 4.416 4.416 4.447 3.000 3.000 3.000 4.893 4.890 4.893 4.912 4.912 4.964 4.932 4.992 4.992 5.003 .079 .118 .17S .175 .137 .118 .175 .310 7 Month End Portfolio Holdings Malunl) Y1dd To Par llouk Market J\Jarket Unrealized l\1od1f1ed Years To CUSJP De~mrtrnn Date Coupon Malunty Value Value Price Value Goil1/Loss Duration Maturity FNMA BONDS 3136FP6XO 3136GORTO 3!36GOUX7 3136GOB59 3136GOE64 3136GOE64 3!36GOB59 3136GOW49 3135GOQB2 3135GORS4 3135GORYI 3135GORZ8 3136GOY21 3136G03B5 3136G12F5 3135GORS4 3136Gl356 3136G12F5 3136G1200 3136Gl4Q9 3136Gl6J3 3136Gl356 3136G17E3 3136GIA66 3136G!B40 3136G1B32 3136GIAQ2 3!36G1C56 3136GlAJ8 3136GIA'l'S 3136GIBFS 3136GlD97 3136GlDA4 3136G1DA4 3136G!DB2 FNMA5Yr FNMA 5YrNc1YrB FNMA 5YrNclYrB FNMA SYrNclYrB FNMA 5YrNcl YrB FNMA 5YrNclYrB FNMA SYrNclYrB FNMA 5YrNc1YrB FNMA 3YrNcl YrE FNMA 3YrNaYrE FNMA 3YrNaYrE FNMA 35YrNaYrE FNMA 4YrNclYrB FNMA 5YrNc6MoB FNMA 5YrNc1YrB FNMA 3YrNc1YrE FNMA 5YrNc1YrB FNMA SYrNclYrB FNMA 5YrNcl YrB FNMA SYrNclYrB FNMA SYrNclYrB FNMA 5YrNc1YrB FNMA 5YrNc!YrB FNMA SYrNclYrB FNMA 5YrNclYrB FNMA 5YrNclYrB FNMA 5YrNc6MoB FNMA SYrNclYrB FNMA 5YrNc1YrB FNMA 5YrNclYrB FNMA 5YrNclYrB FNMA SYrNclYrB FNMA 5YrNclYrB FNMA 5YrNcl YrB FNMA 5YrNc6MoB 3136G1CW7 FNMA 5YrNclYrB 3136GlD82 FNMA SYrNc6MoB 3136G1ET2 FNMA 5YrNc6MoB 3136GlFW4 FNMA 5YrNc6MoB 3136GlFW4 FNMA 5YrNc6MoB 3136GlFW4 FNMA SYrNc6MoB 3136G1GS2 FNMA 5YrNc6MoB 3136GIGN3 FNMA 5YrNclYrB 3136G1GR4 3136GlGR4 3136GlFW4 3136G1HC6 3136G1HB8 3136G1HE2 3136GIHP7 3135GOVQ3 3135GOWE9 3135GOWE9 3135GOWE9 FNMA 3.5YrNc6MoB FNMA 3.5YrNc6MoB FNMA 5YrNc6MoB FNMA 5YrNc!YrB FNMA SYrNclYrB FNMA 5YrNc6MoB FNMA 5YrNclYrB FNMA 3YrNc6MoB FNMA 3.5YrNc6MoB FNMA 3.5YrNc6MoB FNMA 3.5YrNc6MoB 3135GOWE9 FNMA 3.5YrNc6MoB 3!35GOWE9 FNMA 3.5YrNc6MoB 3135GOWE9 FNMA 3.5YrNc6MoB 3135GOWE9 3136G1JY6 3135GOWE9 3136GIKB4 3136GlKJ7 3135GOWL3 3135GOWL3 3135GOWL3 3136GlKB4 3135GOWL3 3135GOWS8 3136GUWO FNMA 3.5YrNc6MoB FNMA 5YrNc6MoC FNMA 3.5YrNc6MoB FNMA 5YrNc6MoC FNMA 5YrNc6MoB FNMA 3.5YrNc6MoB FNMA 3.5YrNc6MoB FNMA 3.5YrNc6MoB FNMA SYrNclYrB FNMA 3.5YrNc6MoB FNMA 3.5YrNc6MoB FNMA 5YrNc6MoB 02/04/2016 .269 .336 10,000,000.00 9,990,000.00 100.171000 10,017,100.00 27,100.00 1.340 07/26/2017 1.150 1.150 5,000,000.00 5,000,000.00 99.635000 4,981,750.00 -18,250.00 2.764 08/16/2017 .750 .750 5,000,000.00 5,000,000.00 99.740000 4,987,000.00 -13,000.00 2.839 09/20/2017 .700 .700 5,000,000.00 5,000,000.00 99.816000 4,990,800.00 -9,200.00 2.936 09/27/2017 .850 .850 5,0D0,000.00 5,000,000.00 100.115000 5,005,750.00 5,750.00 2.953 09/27/2017 .850 .850 5,000,000.00 5,000,000.00 100.115000 5,005,750.00 5,750.00 2.953 09/20/2017 .700 .700 5,000,000.00 5,000,000.00 99.816000 4,990,800.00 -9,200.00 2.936 11/08/2017 .700 .700 10,000,000.00 10,000,000.00 99.850000 9,985,000.00 -15,000.00 3.058 10/22/2015 .500 .489 5,000,000.00 5,001,562.50 100.301000 5,015,050.00 13,487.50 1.055 11/06/2015 .500 .500 10,000,000.00 10,000,000.00 99.890000 9,989,000.00 -11,000.00 1.094 11/25/2015 .480 .480 10,000,000.00 10,000,000.00 100.038000 10,003,800.00 3,800.00 1.146 05/26/2016 .550 .550 5,000,000.00 5,000,000.00 99.945000 4,997,250.00 -2,750.00 1.643 1110112016 .600 .600 s,000,000.00 5,000,000.00 100.044000 5,002,200.00 2,200.00 2.087 11/07/2017 .750 .750 5,250,000.00 5,250,000.00 99.561000 5,226,952.50 -23,047.50 3.060 12/18/2017 .750 .750 10,000,000.00 10,000,000.00 99.738000 9,973,800.00 -26,200.00 3.166 1110612015 .500 .5oo 5,000,000.00 5,000,000.00 99.890000 4,994,500.00 -5,500.00 1,094 1211312011 .800 .800 5,000,000.00 5,000,000.00 99.591000 4,979,550.00 -20,450.oo 3.149 12/18/2017 .750 .750 8,752,000.00 8,752,000.00 99.738000 8,729,069.76 -22,930.24 3.166 12/13/2017 .750 .750 5,000,000.00 5,000,000.00 99,431000 4,971,550.0o -28,450.oo 3.157 12/26/2017 .750 .750 10,000.000.00 10,000,000.00 98.942000 9,894,200.00 -105,800.00 3.188 1212112011 .800 .800 5,000,000.00 5,000,000.00 99.165000 4,958,250.00 -41,750.00 3.196 12/13/2017 .800 .800 5,0D0,000.00 5,000,000.00 99.591000 4,979,550.00 -20,450.00 3.149 12/26/2017 .700 .700 8,750,000.00 8,750,000.00 99.594000 8,714,475.00 -35,525.00 3.194 12/26/2017 .700 .700 10,000,000.00 10,000,000.00 99.635000 9,963,500.00 -36,500.00 3.191 Ol/30/2018 .750 .750 5,000,000.00 5,000,000.00 99.716000 4,985,800.00 -14,200.00 3.282 01/30/2018 .700 .700 5,0D0,000.00 5,000,000.00 99.312000 4,965,600.00 -34,400.00 3.285 01/30/2018 .700 .700 7,200,000.00 7,200,000.00 99.783000 7,184,376.00 -15,624.00 3.285 01/29/2018 .800 .800 10,000,000.00 10,000,000.00 99.683000 9,968,300.00 -31,700.00 3.276 01/30/2018 .700 .700 10,000,000.00 10,000,000.00 99.329000 9,932,900.00 -67,100.00 3.285 01/30/2018 .750 .750 4,500,000.00 4,500,000.00 99.636000 4,483,620.00 -16,380.00 3.282 01/30/2018 .700 .700 10,000,0DO.OO 10,000,000.00 99.461000 9,946,100.00 -53,900.00 3.285 02/28/2018 .800 .800 15,000,000.00 15,000,000.00 99.714000 14,957,100.00 -42,900.00 3.362 02/28/2018 1.000 1.000 10,000,000.00 10,000,000.00 99.590000 9,959,000.00 -41,000.00 3.348 02/28/2018 I.ODO 1.006 5,000,000.00 4,998,500.00 99.590000 4,979,500.00 -19,000.00 3.348 02/28/2018 1.000 I.ODO 10,000,0DO.OO 10,000,000.00 99.334000 9,933,400.00 -66,600.00 3.348 02/20/2018 .800 .826 5,000,000.00 4,993,750.00 99.547000 4,977,350.00 -16,400.00 3.334 02/28/2018 1.000 1.000 10,000,000.00 10,000,000.00 99.334000 9,933,400.00 -66,600.00 3.348 03/06/2018 1.000 1.000 10,000,000.00 10,000,000.00 99.323000 9,932,300.00 -67,700.00 3.365 03/19/2018 1.000 1.005 5,000,000.00 4,998,750.00 99.317000 4,965,850.00 -32,900.00 3.401 03/19/2018 1.000 I.ODO 10,000,000.00 10,000,000.00 99.317000 9,931,700.00 -68,300.00 3.401 03/19/2018 1.000 1.000 5,000,000.00 5,000,000.00 99.317000 4,965,850.00 -34,150.00 3.401 03/27/2018 1.000 1.000 5,000,000.00 5,000,000.00 99.579000 4,978,950.00 -21,050.00 3.448 03/27/2018 .800 .800 5,000,000.00 5,0D0,000.00 99.513000 4,975,650.00 -24,350.00 3.436 09/27/2016 .625 .634 5,500,000.00 5,498,350.00 99.755000 5,486,525.00 -11,825.00 1.976 09/27/2016 .625 .625 5,000,000.00 5,000,000.00 99.755000 4,987,750.00 -12,250.00 1.976 03/19/2018 1.000 1.000 10,000,000.00 10,000,000.00 99.317000 9,931,700.00 -68,300.00 3.401 03/28/2018 .850 .850 5,000,000.00 5,000,000.00 99.382000 4,969,100.00 -30,900.00 3.436 03/28/2018 .soo .800 5,000,000.00 5,000,000.00 99.322000 4,966,100.00 -33,900.00 3.439 0312012018 l.ooo 1.022 5,000,000.00 4,996,250.00 99.454000 4,912,100.00 -23,550.oo 3.416 03/28/2018 1.000 I.ODO 5,000,000.00 5,000,000.00 99.399000 4,969,950.00 -30,050.00 3.436 09/26/2016 .650 .650 5,000,000.00 5,000,000.llO ... 99.395000 4,969,750.00 •30,250.00 1.913 10/25/2016 .700 .700 5,000,000.00 5,000,000.00 99.707000 4,985,350.00 -14,650.00 2.045 10/25/2016 .700 .700 5,000,000.00 5,000,000.00 99.707000 4,985,350.00 -14,650.00 2.045 10/25/2016 .700 .700 5,000,000.00 5,000,000.00 99.707000 4,985,350.00 -14,650.00 2.045 10/25/2016 .700 .700 10,000,000.00 10,000,000.00 99.707000 9,970,700.00 -29,300.00 2.045 10/25/2016 .700 .700 5,000,000.00 5,000,0DO.OO 99.707000 4,985,350.00 -14,650.00 2.045 10/25/2016 .700 .700 10,000,000.00 10,000,000.00 99.707000 9,970,700.00 -29,300.00 2.045 10/25/2016 .700 .700 10,000,000.00 10,000,000.00 99.707000 9,970,700.00 -29,300.00 2.045 04/24/2018 .800 .800 10,000,000.00 10,000,000.00 99.102000 9,910,200.00 -89,800.00 3.497 10/25/2016 .700 .700 5,000,000.00 5,000,000.00 99.707000 4,985,350.00 -14,650.00 2.045 04/16/2018 .875 .875 10,000,000.00 10,000,000.00 99.006000 9,900,600.00 -99,400.00 3.477 04/30/2018 .750 .750 10,000,000.00 10,000,000.00 99.158000 9,915,800.00 -84,200.00 3.518 10/25/2016 .625 .625 5,000,000.00 5,000,000,00 99.658000 4,982,900.00 -17,100.00 2.048 10/25/2016 .625 .625 10,000,000.00 10,000,000.00 99.658000 9,965,800.00 -34,200.00 2.048 10/25/2016 .625 .625 10,000,000.00 10,000,000.00 99.658000 9,965,800.00 -34,200.00 2.048 04/16/2018 .875 .875 5,000,000.00 5,000,000.00 99.006000 4,950,300.00 -49,700.oo 3.477 10/25/2016 .625 .625 20,000,000.00 20,000,000.00 99.658000 19,931,600.00 -68,400.00 2.048 11/15/2016 .600 .600 10,000,000.00 10,000,000.00 99.519000 9,951,900.00 -48,100.00 2.104 04/18/2018 1.000 1.000 5,610,000.00 5,610,000.00 98.977000 5,552,609.70 -57,390.30 3.480 3135GOWS8 FNMA 3.SYrNc!YrB 11/15/2016 .600 .600 10,000,000.00 10,000,000.00 99.519000 9,951,900.00 -48,100.00 2.104 3135GOWW9 FNMA 3YrNc6MoB 05/20/2016 .520 .520 10,000,000.00 10,000,000.00 99.898000 9,989,800.00 -10,200.00 1.627 3136GlKW8 FNMA 5YrNc6MoB 05/08/2018 .800 .800 5,000,000.00 5,000,000.00 99.425000 4,971,250.00 -28,750.00 3.536 3136G14F3 FNMA 3.5YrNc6MoB 12/27/2016 .680 .665 12,000,000.00 12,006,600.00 99.469000 11,936,280.00 -70,320.00 2.217 3135GOWS8 FNMA 3.5YrNclYrE 11/15/2016 .600 .600 5,000,000.00 5,000,000.00 99.519000 4,975,950.00 -24,050.00 2.104 3!35GOWS8 FNMA 3.SYrNclYrE 11/15/2016 .600 .600 5,000,000.00 5,000,000.00 99.519000 4,975,950.00 -24,050.00 2.104 3135GOWS8 FNMA 3.5YrNc!YrE 11/15/2016 .600 .600 5,000,000.00 5,000,000.00 99.519000 4,975,950.00 -24,050.00 2.104 3135GOWS8 FNMA 3.5YrNclYrE 11/15/2016 .600 .600 10,000,000.00 10,000,000.00 99.519000 9,951,900.00 -48,100.00 2.104 3135GOWS8 FNMA 3.SYrNclYrE 11/15/2016 .600 .600 5,000,000.00 5,000,000.00 99.519000 4,975,950.00 -24,050.00 2.104 3136G!KJ7 FNMA 5YrNc6MoB 04/30/2018 .750 .750 5,000,000.00 5,000,000.00 99.158000 4,957,900.00 -42,100.00 3.518 3136GIKW8 FNMA 5YrNc6MoB 05/08/2018 .800 .800 21,750,000.00 21,750,000.00 99.425000 21,624,937.50 -125,062.50 3.536 3136GILT4 FNMA 3.5YrNc!YrB 11/28/2016 .500 .512 10,000,000.00 9,996,000.00 99369000 9,936,900.00 -59,100.00 2.143 3135GOWS8 FNMA 3.SYrNc!YrB 11/15/2016 .600 .600 3,635,000.00 3,635,000.00 99.519000 3,617,515.65 -17,484.35 2.104 3135GOWS8 FNMA 3.5YrNclYrB 11/15/2016 .600 .604 10,000,000.00 9,998,500.00 99.519000 9,951,900.00 -46,600.00 2.104 3135GOWS8 FNMA 3.5YrNc1YrB 11/15/2016 .600 .600 10,000,000.00 10,000,000.00 99.519000 9,951,900.00 -48,100.00 2.104 3136G1LT4 FNMA3.5YrNclYrB 11/28/2016 .500 1.009 752,000.00 739,216.00 99.369000 747,254.88 8,038.88 2.138 3136GIMUO FNMA 5YrNc6MoB 06/12/2018 .850 1.077 10,000,000.00 9,911,500.00 99.417000 9,941,700.00 30,200.00 3.625 3135GOKM4 FNMA !Yr 05/27/2015 .500 .182 20,000,000.00 20,078,200.00 100.229000 20,045,800.00 -32,400.00 .656 ~:!. 2.879 2.975 2.995 2.995 2.975 3.110 1.060 1.101 1.153 1.655 2.107 3.107 3.219 1.101 3.205 3.219 3.205 3.241 3.244 3.205 3.241 3.241 3.337 3.337 3.337 3.334 3.337 3.337 3.337 3.416 3.416 3.416 3.416 3.395 3.416 3.433 3.468 3.468 3.468 3.490 3.490 1.99. 1.99 3.468 3.493 3.493 3.471 3.493 1.992. 2.071 2.071 2.071 2.071 2.071 2.071 2.071 3.567 2.071 3.545 3.584 2.071 2.071 2.071 3.545 2.071 2.129 3.551 2.129 1.638 3.605 2.244 2.129 2.129 2.129 2.129 2.129 3.584 3.605 2.164 2.129 2.129 2.129 2.164 3.701 .655 3135GOKM4 FNMA !.25Yr 05/27/2015 .500 .157 20,000,000.00 20,084,102.60 100.229000 20,045,800.00 -38,302.60 .657 .655. 3135GOPQO FNMA 3.5Yr 10/26/2017 .875 1.141 10,000,000.00 9,905,700.00 99.051000 9,905,100.00 -600.00 3.009 3.074 3135GOKM4 FNMA !Yr 05/27/2015 .500 .119 25,000,000.00 25,100,000.00 100.229000 25,057,250.00 -42,750.00 .657 .655 i3i13i5Giolwl~iillllliiFNIMIAl4Evlrlllllllllli05i1i21i1l20i118lllllll.l8B75illlllii1.l39i6llllllilll15i'0i01°1'0a00l.l00illlllllll1l~i70i1i'5i01°.l001lilllil9l7.B93l6l01°0illlllllll1i4i69B0i'40i1°.i001lillllll-111B'1i0i0'100illlll3i.i55i6lllllli31.641i1 FHLB DISC NOTES 313385K62 FHLB DISC NOTE 10/15/2014 .075 .075 5,000,000.00 4,998,104.15 99.999611 4,999,980.56 1,876.41 .041 .041 RIVERISIDE COUNTY TREASURER-TAX COLLECTOR 84 8 Month End Portfolio Holdings Maturity Yield To Par Book Market Market Unrealized Mod1fted Yeill'S To CUSIP De.smphon Date Coupon Maturity \'alue Value Price Value Gain/Loss Duration Maturity 313385N36 FHLB DISC NOTE 385N36 FHLB DISC NOTE 85N51 FHLB DISC NOTE 85P26 FHLB DISC NOTE FHLBBONDS 3!3372KE3 313378AC5 313378U58 313380UF2 313381H24 3!3381YP4 313381VK8 313381XU4 313382PHO 313382PP2 313382LEI 313382SL8 313380557 313382Y31 3133833Ml 3133833J8 3133834MO 3133836N6 3133836N6 3!3383CP4 313383CP4 313383CP4 313383CP4 313383EM9 313383EN7 313383EP2 313383G62 313383G62 313383KJ9 313383KJ9 313383KJ9 3130AISJ3 3!30AIAQI 3130Al7JI 3130AIB98 3130Al6Q6 3130AIEW4 3130AIQH4 3130AIPW2 •:~~~ lPZS 8A43 3130A22D7 FHLB 4Yr FHLB 3Yr FHLS 3Yr FHLB 5YrNc3MoB FHLS 3Yr FHLB 2Yr FHLS 3.SYrNc6MoB FHLS 5YrNc3MoB FHLB SYrNc6MoB FHLB 5YrNc3MoB FHLB 3.SYrNcJMoB FHLB 3.SYrNcJMoB FHLB 4YrNc3MoA FHLS SYrNc6MoB FHLB 5YrNC3MoB FHLB 5YrNc6MoB FHLS 5YrNc6MoB FHLS 5YrNcl YrB FHLS SYrNcl YrB FHLS 5YrNc3MoB FHLS SYrNcJMoB FHLB 5YrNc3MoB FHLB 5YrNc3MoB FHLB 5YrNc6MoB FHLB 5YrNc3MoB FHLB SYrNc3MoB FHLB 3.SYrNclMoB FHLB 3.SYrNclMoB FHLB 5YrNc3MoB FHL8 5YrNc3MoB FHLS 5YrNc3MoB FHLS 3YrNc6MoB FHLB 3.SYrNc6MoE FHLS 3.25YrNc3MoB FHLB 5YrNc3MoB FHLB SYrNcJMoB FHL8 5YrNc3Mo8 FHLB SYrNc6MoB FHLB 9Mo FHLB SYrNcJMoB FHLS 3.5YrNc6MoB FHLS 5YrNc3MoB FHLS 3.75Yr FHLB 5YrNc3MoB FHLB 5YrNc3MoB FHLB 5YrNc3MoB FHLB 5YrNc3MoB FHLB 5YrNc3MoB FHLB 5YrNc3MoB FHLB SYrNcJMoB FHLB SYrNcJMoB FHLB IYrNcJMoB FHLB 5YrNc3MoB FHLS 5YrNc3MoB FHLS 5YrNc3MoB FHLB 5YrNc3MoB FHLB 1 YrNc9MoB FHLB SYrNcJMoB FHLB 5YrNc3MoB FHLS 5YrNc3MoB 1YrNc6MoB FHLB 5YrNc3MoB FHLB 5YrNc3MoB FHLB 5YrNc6MoB FHLB 5YrNc3MoB FHLB I YrNc7MoB FHLB 1YrNc7MoB FHLB 1YrNc7MoB FHLB 1 YrNc7MoB FHLB 5YrNc3MoB FHLB 5YrNc6MoB FHLB !Yr FHLB !Yr FHLB !Yr 3130A23Z7 3130A23YO 3130A23Z7 3130A2AH9 3130A2B62 3130A2BX3 3130A2BX3 3130A2EAO 3130A2E77 3130A2DXI 3130A2DZ6 3130A2DZ6 3130A2G75 3130A2JV9 3130A2M52 3130A2M78 3130A2L46 3130A2JV9 3130A2LKO 3130A2M86 3130A2N69 3130A2SG2 3130A25G2 3!30A2SG2 3130A25G2 3130A2JV9 3130A2M86 3130A2T97 3130A2T97 3!30A2T97 3130A2T97 3130A2PWO 3130A2XJO 3130A36B5 3!30A36B5 3130A2ZN9 FHLB 1Yr FFCBBONDS 31331KHV5 3133EAHP6 •~~~ CCE2 3133ECKZ6 FHLB 5YrNc3MoB FHLB IYrNcJMoB FHLB I YrNc6MoB FHLB 1 YrNc6MoB FHLB 5YrNc3MoB FFCB 5Yr FFCB 3Yr FFCB 3Yr FFCB 2.5Yr FFCB 2Yr FFCB 2Yr FFCB 3YrNcl YrC 11/05/2014 11/05/2014 11/07/2014 11/12/2014 02/04/2015 05/22/2015 05/04/2015 10/10/2017 01/16/2015 02/20/2015 07/29/2016 02/13/2018 04/25/2018 04/25/2018 10/11/2016 10/24/2016 10/11/2016 05/21/2018 05/23/2018 05/25/2018 05/29/2018 06/12/2018 06/12/2018 06/19/2018 06/19/2018 06/19/2018 06/19/2018 06/20/2018 06/20/2018 06/20/2018 12/19/2016 12/19/2016 06/27/2018 06/27/2018 06/27/2018 03/24/2017 09/26/2017 06/27/2017 03/27/2019 03/27/2019 04/16/2019 05/13/2019 01/22/2015 05/06/2019 11/28/2017 05/06/2019 03/09/2018 06/11/2019 06/18/2019 06/17/2019 06/18/2019 06/26/2019 06/26/2019 06/26/2019 06/26/2019 07/10/2015 06/26/2019 07/09/2019 07/09/2019 07/09/2019 07/17/2015 07/30/2019 07/30/2019 07/30/2019 08/03/2015 07/30/2019 07/30/2019 07/30/2019 07/30/2019 08/27/2015 08/27/2015 08/27/2015 08/27/2015 07/30/2019 07/30/2019 09/28/2016 09/28/2016 09/28/2016 09/28/2016 08/14/2019 09/24/2015 10/20/2015 10/20/2015 09/30/2019 04/20/2016 03/16/2015 05/01/2015 07/24/2015 01/07/2015 01/07/2015 04/11/2016 .078 .077 .078 .078 .179 .500 .700 .625 .250 .250 .575 .700 .800 .850 .625 .550 .700 .750 .750 .750 .750 .800 .800 .875 .875 .875 .875 .900 1.000 1.250 .750 .750 1.250 1.250 1.250 .900 1.050 1.050 1.000 1.500 1.500 1.700 .090 1.650 1.250 1.650 1.375 1.600 1.500 1.550 1.500 1.500 1.500 1.625 1.625 .180 1.710 1.000 1.750 1.750 .200 1.625 1.500 1.250 .230 1.625 1.500 1.500 1.500 .250 .250 .250 .250 1.625 1.500 .500 .500 .500 .500 1.500 .240 .270 .270 1.850 .224 .520 .500 .195 .250 .250 .430 RIVERISIDE COUNTY TREASURER-TAX COLLECTOR .078 .077 .078 .078 .179 .500 .700 .625 .307 .293 .636 .700 .800 .850 .625 .550 .700 .750 .750 .750 .750 .800 .800 .875 .875 .875 .875 .908 1.000 1.250 .750 .750 1.250 1.250 1.250 .900 1.050 1.058 1.000 1.500 1.500 1.700 .113 1.650 1.250 1.650 1.330 1.600 1.500 1.550 1.500 1.500 1.500 1.625 1.625 .180 1.710 1.000 1.750 1.760 .200 1.625 1.500 1.250 .230 1.625 1.500 1.500 1.500 .250 .250 .250 .250 1.656 1.531 .606 .606 .606 .606 1.500 .240 .270 .270 1.850 .255 .598 .520 .226 .306 .281 .469 5,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 15,000,000.00 5,000,000.00 15,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 7,350,000.00 10,000,000.00 8,350,000.00 9,400,000.00 10,000,000.00 4,285,714.00 12,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 5,000,000.00 13,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 25,000,000.00 10,000,000.00 6,550,000.00 10,000,000.00 7,000,000.00 15,000,000.00 10,000,000.00 20,000,000.00 15,000,000.00 8,000,000.00 15,000,000.00 6,000,000.00 5,000,000.00 25,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 5,250,000.00 25,000,000.00 6,795,000.00 10,000,000.00 10,000,000.00 25,000,000.00 3,205,000.00 5,000,000.00 10,000,000.00 5,000,000.00 50,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 5,545,000.00 5,000,000.00 15,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 5,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 15,000,000.00 10,000,000.00 15,000,000.00 5,000,000.00 85 4,998,062.50 9,996,214.17 4,998,073.26 4,998,050.00 15,000,000.00 5,000,000.00 15,000,000.00 10,000,000.00 4,994,000.00 4,995,550.00 4,989,500.00 7,350,000.00 10,000,000.00 8,350,000.00 9,400,000.00 10,000,000.00 4,285,714.00 12,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 10,000,000.~ 5,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 4,998,000.00 13,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 9,997,500.00 10,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 24,995,784.75 10,000,000.00 6,550,000.00 10,000,000.00 7,011,690.00 15,000,000.00 10,000,000.00 20,000,000.00 15,000,000.00 8,000,000.00 15,000,000.00 6,000,000.00 5,000,000.00 25,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 5,247,375.00 25,000,000.00 6,795,000.00 10,000,000.00 10,000,000.00 25,000,000.00 3,205,000.00 5,000,000.00 10,000,000.00 5,000,000.00 50,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 5,536,682.50 4,992,500.00 14,966,250.00 4,988,750.00 9,977,500.00 9,977,500.00 10,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 5,000,000.00 9,995,000.00 4,988,430.00 4,997,000.00 14,996,061.75 9,988,850.00 14,991,750.00 4,994,250.00 99.999028 99.999028 99.998972 99.998833 100.027000 100.239000 100.312000 99.943000 100.040000 100.048000 99.881000 100.044000 99.578000 99.442000 99.908000 99.853000 100.007000 98.929000 98.884000 99.053000 99.261000 99.159000 99.159000 98.934000 98.934000 98.934000 98.934000 98.630000 99.039000 98.777000 99.771000 99.771000 99.473000 99.473000 99.473000 99.933000 99.777000 99.836000 100.056000 99.828000 100.011000 99.774000 99.987000 99.469000 99.518000 99.818000 99.947000 99.611000 99.477000 99.647000 99.477000 100.185000 100.005000 99.939000 99.939000 100.002000 100.117000 100.019000 99.032000 99.032000 100.004000 99.871000 99.840000 99.550000 99.998000 99.871000 99.771000 99.602000 99.527000 100.054000 100.054000 100.054000 100.054000 99.871000 99.602000 99.707000 99.707000 99.707000 99.707000 99.839000 99.991000 100.029000 100.029000 99.491000 100.140000 100.163000 100.176000 100.082000 100.038000 100.038000 99.424000 4,999,951.39 9,999,902.78 4,999,948.61 4,999,941.67 15,004,050.00 5,011,950.00 15,046,800.00 9,994,300.00 5,002,000.00 5,002,400.00 4,994,050.00 7,353,234.00 9,957,800.00 8,303,407 .00 9,391,352.00 9,985,300.00 4,286,014.00 11,871,480.00 9,888,400.00 9,905,300.00 4,963,050.00 9,915,900.00 9,915,900.00 4,946,700.00 4,946,700.00 4,946,700.00 9,893,400.00 4,931,500.00 12,875,070.00 9,877,700.00 4,988,550.00 9,977,100.00 4,973,650.00 4,973,650.00 4,973,650.00 4,996,650.00 4,988,850.00 9,983,600.00 10,005,600.00 4,991,400.00 10,001,100.00 9,977,400.00 24,996,750.00 9,946,900.00 6,518,429.00 9,981,800.00 6,996,290.00 14,941,650.00 9,947,700.00 19,929,400.00 14,921,550.00 8,014,800.00 15,000,750.00 5,996,340.00 4,996,950.00 25,000,500.00 10,011,700.00 10,001,900.00 4,951,600.00 5,199,180.00 25,001,000.00 6,786,234.45 9,984,000.00 9,955,000.00 24,999,500.00 3,200,865.55 4,988,550.00 9,960,200.00 4,976,350.00 50,027,000.00 10,005,400.00 10,005,400.00 5,002,700.00 5,537,846.95 4,980,100.00 14,956,050.00 4,985,350.00 9,970,700.00 9,970,700.00 9,983,900.00 24,997,750.00 25,007,250.00 25,007,250.00 4,974,550.00 10,014,000.00 5,008,150.00 5,008,800.00 15,012,300.00 10,003,800.00 15,005,700.00 4,971,200.00 1,888.89 3,688.61 1,875.35 1,891.67 4,050.00 11,950.00 46,800.00 -5,700.00 8,000.00 6,850.00 4,550.00 3,234.00 -42,200.00 -46,593.00 -8,648.00 -14,700.00 300.00 -128,520.00 -111,600.00 -94,700.00 -36,950.00 -84,100.00 -84,100.00 -53,300.00 -53,300.00 -53,300.00 -106,600.00 -66,500.00 -124,930.00 -122,300.00 -11,450.00 -22,900.00 -26,350.00 -26,350.00 -26,350.00 -3,350.00 -11,150.00 -13,900.00 5,600.00 -8,600.00 1,100.00 -22,600.00 965.25 -53,100.00 -31,571.00 -18,200.00 -15,400.00 -58,350.00 -52,300.00 -70,600.00 -78,450.00 14,800.00 750.00 -3,660.00 -3,050.00 500.00 11,700.00 1,900.00 -48,400.00 -48,195.00 1,000.00 -8,765.55 -16,000.00 -45,000.00 -500.00 -4,134.45 -11,450.00 -39,800.00 -23,650.00 27,000.00 5,400.00 5,400.00 2,700.00 1,164.45 -12,400.00 -10,200.00 -3,400.00 -6,800.00 -6,800.00 -16,100.00 -2,250.00 7,250.00 7,250.00 -25,450.00 19,000.00 19,720.00 11,800.00 16,238.25 14,950.00 13,950.00 -23,050.00 .098 .098 .104 .118 .344 .642 .591 2.986 .295 .391 1.816 3.335 3.500 3.496 2.009 2.047 2.006 3.576 3.582 3.587 3.598 3.630 3.630 3.643 3.643 3.643 3.643 3.644 3.635 3.614 2.193 2.193 3.633 3.633 3.633 2.450 2.935 2.689 4.387 4.328 4.348 4.397 .312 4.384 3.077 4.384 3.349 4.486 4.519 4.509 4.519 4.541 4.541 4.525 4.525 .777 4.569 4.641 4.545 4.544 .796 4.618 4.634 4.667 .840 4.618 4.634 4.634 4.634 .907 .907 .907 .907 4.617 4.633 1.981 1.981 1.981 1.981 4.673 .982 1.052 1.052 4.755 1.552 .456 .583 .816 .271 .271 1.521 .099 .099 .104 .118 .348 .641 .592 3.030 .296 .392 1.830 3.375 3.570 3.570 2.033 2.068 2.033 3.641 3.647 3.652 3.663 3.701 3.701 3.721 3.721 3.721 3.721 3.723 3.723 3.723 2.222 2.222 3.742 3.742 3.742 2.482 2.992 2.742 4.490 4.490 4.545 4.619 .312 4.600 3.164 4.600 3.441 4.699 4.718 4.715 4.718 4.740 4.740 4.740 4.740 .775 4.740 4.775 4.775 4.775 .795 4.833 4.833 4.833 .841 4.833 4.833 4.833 4.833 .907 .907 .907 .907 4.833 4.833 1.997 1.997 1.997 1.997 4.874 .984 1.055 1.055 5.003 1.556 .458 .584 .814 .271 .271 1.532 9 Month End Portfolio Holdings l\.fatunt) Yield To PM EMk Market Market lJnrealtzed l\.fod1fied Years To CUSIP Dl"·uirtrnn Dale Coupon l\faturily Value V<~lu.: Price Value Gaio/Lo1;s Duration Maturity 3133ED7H9 3133ED7H9 3133EDAL6 3133ED7H9 3133EDBK7 3133EDDRO 3133EDDR0 3133EDEK4 3133EDG63 3133EDGB2 3133EANJ3 3133EDGB2 3133EDGB2 3133EDE57 3133EDGB2 3133EDKV3 3133EDFD9 3133EDQ70 3!33EDRV6 3133EDTB8 FFCB l.25Yr FFCB 1.25Yr FFCB 1.75Yr FFCB l.25Yr FFCB 3YrNCl Yr A FFCB !Yr FFCB !Yr FFCB !Yr FFCB 2Yr FFCB l.25Yr FFCB 1.25Yr FFCB l.25Yr FFCB l.25Yr FFCB !Yr FFCB 1.25Yr FFCB !Yr FFCB l.25Yr FFCB !Yr FFCB !Yr FFCB FMAC DISC NOTES 31315LR75 FAMCA DISC NOTE 31315KFL9 FAMCA DISC NOTE FARMER MAC 3!315PQl<8 FAMCA 3Yr 31315PW54 FAMCA 2Yr 31315PYY9 FAMCA 3Yr 31315PRTB 31315PX20 31315P6N4 31315PJ59 31315PW54 31315P284 31315PU49 31315P3J6 31315P-05 31315P4CO 31315PJ75 31315P2K4 MUNI BONDS FAMCA 5YrNc6MoB FAMCA !Yr FAMCA !Yr FAMCA2Yr FAMCA !Yr FAMCA !Yr FAMCA l.25Yr FAMCA !Yr FAMCA 5YrNc6MoB FAMCA 5YrNc6MoB FAMCA 1.SYr FAMCA3Yr 02/13/2015 02/13/2015 08/25/2015 02/13/2015 12/09/2016 01/16/2015 01/16/2015 09/10/2015 03/03/2016 06/04/2015 05/01/2015 06/04/2015 06/04/2015 06/10/2015 06/04/2015 05/01/2015 05/14/2015 07/09/2015 08/04/2015 08/21/2015 12/03/2014 05/11/2015 07/02/2015 01/23/2015 01/28/2016 04/03/2018 11/03/2014 10/10/2014 01/06/2015 01/15/2015 02/03/2015 06/29/2015 06/30/2015 06/06/2019 06/06/2019 01/25/2016 09/05/2017 .190 .190 .280 .190 .680 .160 .160 .250 .375 .190 .500 .190 .190 .230 .190 .130 .190 .150 .190 .180 .080 .130 .550 .320 .425 .875 .230 .200 .185 .190 .185 .170 .178 1.650 1.600 .365 1.120 .205 .203 .280 .203 .731 .160 .160 .270 .370 .193 .178 .188 .190 .225 .162 .134 .190 .163 .190 .180 .080 .130 .587 .320 .425 .875 .230 .200 .190 .195 .190 .170 .178 1.650 1.600 .370 1.120 25,000,000.00 25,000,000.00 15,000,000.00 25,000,000.00 5,000,000.00 25,000,000.00 15,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 15,000,000.00 20,000,000.00 15,000,000.00 15,000,000.00 15,000,000.00 15,000,000.00 33,150,000.00 10,000,000.00 25,000,000.00 25 000,000.00 10,000,000.00 25,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 30,000,000.00 25,000,000.00 50,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 10,000,000.00 10,000,000.00 25,000,000.00 8,850,000.00 24,995,300.00 24,996,000.00 15,000,000.00 24,996,075.00 4,992,500.00 25,000,000.00 15,000,000.00 9,996,800.00 10,001,000.00 14,999,475.00 15,055,545.00 20,000,600.00 15,000,000.00 15,000,900.00 15,004,770.00 14,999,367.90 33,150,000.00 9,998,700.00 25,000,000.00 25 000,000.00 9,995,978.00 24,974,993.06 9,989,000.00 5,000,000.00 5,000,000.00 10,000,000.00 30,000,000.00 25,000,000.00 49,997,294.50 24,998,750.00 24,998,750.00 25,000,000.00 25,000,000.00 10,000,000.00 10,000,000.00 24,998,000.00 8,850,000.00 100.021000 100.021000 100.156000 100.021000 99.737000 100.012000 100.012000 100.045000 99.581000 99.986000 100.176000 99.986000 99.986000 100.045000 99.986000 99.968000 99.988000 99.976000 99.961000 100.037000 99.997000 99.972000 100.225000 100.063000 99.726000 100.001000 100.009000 100.002000 100.017000 100.021000 100.023000 100.000000 100.007000 99.992000 100.024000 99.788000 100.036000 25,005,250.00 25,005,250.00 15,023,400.00 25,005,250.00 4,986,850.00 25,003,000.00 15,001,800.00 10,004,500.00 9,958,100.00 14,997,900.00 15,026,400.00 19,997,200.00 14,997,900.00 15,006,750.00 14,997,900.00 14,995,200.00 33,146,022.00 9,997,600.00 24,990,250.00 25 009,250.00 9,999,700.00 24,993,000.00 10,022,500.00 5,003,150.00 4,986,300.00 10,000,100.00 30,002, 700.00 25,000,500.00 50,008,500.00 25,005,250.00 25,005,750.00 25,000,000.00 25,001,750.00 9,999,200.00 10,002,400.00 24,947,000.00 8,853,186.00 9,950.00 9,250.00 23,400.00 9,175.00 -5,650.00 3,000.00 1,800.00 7,700.00 -42,900.00 -1,575.00 -29,145.00 -3,400.00 -2,100.00 5,850.00 -6,870.00 -4,167.90 -3,978.00 -1,100.00 -9,750.00 9,250.00 3,722.00 18,006.94 33,500.00 3,150.00 -13,700.00 100.00 2,700.00 500.00 11,205.50 6,500.00 7,000.00 0.00 1,750.00 -800.00 2,400.00 -51,000.00 3 186.00 .372 .372 .901 .372 2.167 .295 195 .943 1.420 .677 .584 .677 .677 .693 .677 .585 .621 .774 .843 .890 .175 .610 .752 .314 1.322 3.441 .093 .027 .268 .293 .345 .746 .749 4.466 4.473 1.314 2.873 .37, .3 .9 .373 2.195 .296 .296 .945 1.425 .677 .584 .677 .677 .693 .677 .584 .619 .773 .844 .890 .175 .611 .753 .315 1.329 3.510 .093 .027 168 .293 .345 .745 .748 4.685 4.685 1.321 2.934 546415L73 LOUISIANA STATE 677521207 76914AAE2 939740DY1 546415527 56052AXR2 882723PH6 93974DHP6 OHIO STATE COUNTY OF RIVERSIDE WASHINGTON STATE LOUISIANA STATE MAINE STATE 05/15/2016 11/01/2014 10/15/2014 02/01/2015 02/01/2015 06/01/2015 10/01/2015 08/01 015 .540 .280 .370 .200 .220 .200 .210 .ISO .540 .280 .370 .200 .251 .220 .210 130 12,070,000.00 9,355,000.00 1,635,000.00 11,590,000.00 24,755,000.00 11,295,000.00 12,465,000.00 8,335 00.00 12,070,000.00 9,355,000.00 1,635,000.00 11,590,000.00 100.000000 100.000000 100.000000 100.000000 99.971000 99.981000 100.000000 99.915000 12,070,000.00 9,355,000.00 1,635,000.00 11,590,000.00 24,747,821.05 11,292,853.95 12,465,000.00 8,327 915.25 o.oo o.oo 0.00 0.00 0.00 0.00 0.00 0.00 1.613 .087 .041 .339 .339 .668 1.000 .835 l:~.25 .04 3 .340 .668 1.003 .836 TEXAS STATE WASHINGTON STATE COMM PAPER 36959JK69 GE CAPITAL CORP 191218K6S COCA-cot.A CO 19121BK65 COCA-cot.A CO 89233HKH6 TOYOTA MOTOR CORP 64105HL42 NESTLE 36959JLSO 64105HL59 64105HL67 64105HL75 89233HLC6 19121BL31 36959JLD3 16677KKE2 16677KKF9 74271UKG4 91411UKU8 89233HM35 16677KL76 36959JL68 74271UM80 74271UN71 36959JM91 91411UMB8 91411UNG6 64105HNMO 91411UM10 91411UKN4 89233HNG5 91411UMA0 GE CAPITAL CORP NESTLE NESTLE NESTLE TOYOTA MOTOR CORP COCA-COLA CO GE CAPITAL CORP CHEVRON CHEVRON PROCTER & GAMBLE UC REGENTS TOYOTA MOTOR CORP CHEVRON GE CAPITAL CORP PROCTER & GAMBLE PROCTER & GAMBLE GE CAPITAL CORP UC REGENTS UC REGENTS NESTLE UC REGENTS UC REGENTS TOYOTA MOTOR CORP UC REGENTS 19121BNU9 COCA-COLA CO 19121BNN5 COCA-COLA CO 89233HMH4 TOYOTA MOTOR CORP !6677KLR2 CHEVRON 16677KLR2 CHEVRON CHEVRON 10/06/2014 10/06/2014 10/06/2014 10/17/2014 11/04/2014 11/05/2014 11/05/2014 11/06/2014 11/07/2014 11/12/2014 11/03/2014 11/13/2014 10/14/2014 10/15/2014 10/16/2014 10/28/2014 12/03/2014 11/07/2014 11/06/2014 12/08/2014 01/07/2015 12/09/2014 12/11/2014 01/16/2015 01/21/2015 12/01/2014 10/22/2014 01/16/2015 12/10/2014 01/28/2015 01/22/2015 12/17/2014 11/25/2014 11/25/2014 12/18/2014 12/18/2014 .140 .120 .120 .140 .090 .140 .100 .100 .100 .160 .120 .140 .090 .090 .100 .120 .160 .100 .120 .120 .140 .150 .130 .150 .110 .180 .100 .180 .120 .140 .140 .130 .085 .080 .100 RIVER!SIDE COUNTY TREASURER-TAX COLLECTOR .140 .120 .120 .140 .090 .140 .100 .100 .100 .160 .120 .140 .090 .090 .100 .120 .160 .100 .120 .120 .140 .150 .135 .150 .110 .180 .100 .180 .120 .140 .140 .130 .085 .080 .100 10,000,000.00 5,279,000.00 30,000,000.00 10,000,000.00 40,000,000.00 30,000,000.00 40,000,000.00 25,000,000.00 25,000,000.00 10,000,000.00 20,000,000.00 10,000,000.00 25,000,000.00 25,000,000.00 50,000,000.00 20,000,000.00 20,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 35,000,000.00 25,000,000.00 58,176,000.00 5,500,000.00 50,000,000.00 25,000,000.00 15,000,000.00 50,000,000.00 6,900,000.00 25,000,000.00 30,000,000.00 50,000,000.00 28,800,000.00 25,000,000.00 15,000,000.00 25,000,000.00 86 24,747,821.05 11,292,853.95 12,465,000.00 8,327,915.25 9,995,255.56 5,276,923.59 29,988,400.00 9,995,333.33 39,988,100.00 29,986,000.00 39,986,777.78 24,991,736.11 24,991,736.11 9,994,622.22 19,992,600.00 9,995,333.33 24, 994,375.00 24,994,375.00 49,987,916.67 19,993,866.67 19,989,333.33 24,993,611.11 24,992,500.00 24,989,833.33 34,979,719.44 24,987,500.00 58,149,602.64 5,496,631.25 49,977,236.00 24,988,000.00 14,997,750.00 49,966,250.00 6,897,930.00 24,986,583.33 29,985,066.67 49,983,750.00 28,795,444.00 24,996,277.78 14,996,250.00 24,992,500.00 99.998194 99.998194 99.998194 99.994222 99.987722 99.987361 99.987361 99.987000 99.986639 99.984833 99.988083 99.984472 99.995306 99.994944 99.994583 99.990250 99.970250 99.986639 99.987000 99.967889 99.948278 99.967417 99.966472 99.943528 99.940889 99.971194 99.992417 99.943528 99.966944 99.937194 99.940361 99.963639 99.980139 99.980139 99.963167 9,999,819.44 5,278,904.68 29,999,458.33 9,999,422.22 39,995,088.89 29,996,208.33 39,994,944.44 24,996,750.00 24,996,659.72 9,998,483.33 19,997,616.67 9,998,447.22 24,998,826.39 24,998,736.11 49,997,291.67 19,998,050.00 19,994,050.00 24,996,659.72 24,996,750.00 24,991,972.22 34,981,897.22 24,991,854.17 58,156,494.88 5,496,894.03 49,970,444.44 24,992,798.61 14,998,862.50 49,971,763.89 6,897,719.17 24,984,298.61 29,982,108.33 49,981,819.44 28,794,280.00 24,995,034.72 14,994,475.00 24,990,791.67 4,563.88 1,981.09 11,058.33 4,088.89 6,988.89 10,208.33 8,166.66 5,013.89 4,923.61 3,861.11 5,016.67 3,113.89 4,451.39 4,361.11 9,375.00 4,183.33 4,716.67 3,048.61 4,250.00 2,138.89 2,177.78 4,354.17 6,892.24 262.78 -6,791.56 4,798.61 1,112.50 5,513.89 -210.83 .016 .016 .016 .046 .096 .098 .098 .101 .104 .118 .093 .120 .038 .041 .044 .077 .175 .104 .IOI .189 .271 .191 .197 .295 .309 .169 .060 .295 .194 .328 .312 .213 .153 .153 .216 .016 .016 .016 .047 .096 .099 .099 .101 .104 .118 .093 .121 .038 .041 .044 .077 .175 .104 .IOI .189 .271 .192 .197 .296 .310 .170 .060 .296 .195 .329 .312 .214 .153 .153 10 • • • ---------------------------------------------------- Full Compliance The Treasurer's Pooled Inveshnent Fund was in FULL COMPLIANCE with the Treasurer's Statement of Inveshnent Policy. The County's Inveshnent Policy is more restrictive than the Califor- nia Government Code. This policy is reviewed annually by the County's Inveshnent Oversight Committee and approved by the County Board of Supervisors . 1 Mutual Funds maturity may be interpreted as weighted average maturity not exceeding 60 days. 2 Or must have an investment advisor with not less than 5 years experience and with assets under management of $500,000,000 . THIS COMPLETES THE REPORT REQUIREMENTS OF CALIFORNIA GOVERNMENT CODE 53646 RIVERSIDE COUNTY TREASURER-TAX COLLECTOR Bl 13 • AGENDA ITEM 80 • • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: November 12, 2014 TO: Riverside County Transportation Commission FROM: Marla Dye, Procurement Analyst Matt Wallace, Procurement Manager THROUGH: Anne Mayer, Executive Director SUBJECT: Single Signature Authority Report STAFF RECOMMENDATION: This item is for the Commission to receive and file the Single Signature Authority report for the first quarter ended September 30, 2014. BACKGROUND INFORMATION: Certain contracts are executed under single signature authority as permitted in the Commission's Procurement Policy Manual adopted in December 2012. The Executive Director is authorized to sign services contracts that are less than $100,000 individually and in an aggregate amount not to exceed $1 million in any given fiscal year. Additionally, in accordance with Public Utilities Code Section 130323(c), the Executive Director is authorized to sign contracts for supplies, equipment, materials, and construction of all facilities and works under $50,000 individually. The attached report details all contracts executed for the first quarter ended September 30, 2014, under the single signature authority granted to the Executive Director. The unused capacity of single signature authority for services at September 30, 2014 is $920,000. Attachment: Single Signature Authority Report as of September 30, 2014 Agenda item 8D 88 • CONSULTANT AMOUNT AVAILABLE July 1, 2014 AMOUNT USED AMOUNT USED AMOUNT REMAINING through September 30, 2014 • SINGLE SIGNATURE AUTHORITY AS OF SEPTEMBER 30, 2014 DESCRIPTION OF SERVICES ORIGINAL CONTRACT AMOUNT $1,000,000.00 80,000.00 80,000.00 $920,000.00 Agreements that fall under Public Utilities Code 130323 (Cl None Ma~ -Prepared by NIA Theresia Trevino -------~ Reviewed by $ 89 PAID AMOUNT $ • REMAINING CONTRACT AMOUNT $ ----------~-------- • AGENDA ITEM SE • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: November 12, 2014 TO: Riverside County Transportation Commission FROM: Western Riverside County Programs and Projects Committee David Thomas, Toll Project Manager THROUGH: Anne Mayer, Executive Director SUBJECT: Agreement with Dalke & Sons Construction, Inc. for State Route 91 Corridor Improvement Project Right of Way Property Mitigation Package 2 WESTERN RIVERSIDE COUNTY PROGRAMS AND PROJECTS COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to approve an increase in contingency for Agreement No. 14-31-022-00 with Dalke & Sons Construction, Inc. (Dalke & Sons) for the construction of State Route 91 Corridor Improvement Project (SR-91 CIP) Right of Way (ROW) Property Mitigation Package 2 in an amount not to exceed $150,000 for a revised total contingency of $279,768 and a total amount not to exceed $1,577,448. • BACKGROUND INFORMATION: • At its May 2013 meeting, the Commission approved the award of Agreement No. 12-31-113-00 to Atkinson/Walsh, a Joint Venture (AWJV), for the design and construction of the SR-91 CIP, which widens the SR-91 through Corona, extends the existing 91 Express Lanes from the Orange County line to Interstate 15, and constructs other general purpose lane and toll express lane improvements within the corridor. Subsequent to this approval, AWJV has been issued the full Notice to Proceed (NTP 2), in accordance with the design-build contract and is currently proceeding with final design and construction of the SR-91 CIP. Additionally at its May 2013 meeting, the Commission approved Agreement No. 09-31-081-03, Amendment No. 3 to Agreement No. 09-31-081-00, with Parsons Transportation Group, Inc. to further expand the project and construction management (PCM) services to support the SR-91 CIP design-build contract. This expanded scope included providing ROW mitigation design services for certain properties affected by the SR-91 CIP. ROW mitigation design services are needed to reconfigure partially acquired properties to maximize the utility and minimize business impacts to the property owner. At its December 2013 meeting, the Commission awarded Agreement No. 14-31-022-00 to Dalke & Sons, for the construction of ROW Property Mitigation Package 2 for the amount of $1,297,680 plus a contingency amount of $129,768 to cover potential change orders Agenda Item SE 90 encountered during construction, for a total amount not to exceed $1,427,448. Included in the scope of this agreement was ROW mitigation work (existing building cut/reface and parking lot realignment) for the property located at 2410 Wardlow Road (Wardlow Property). Since the award of ROW Property Mitigation Package 2, staff continued to work with the Wardlow Property owners in an attempt to reach a settlement over the rights previously acquired through the eminent domain process for the SR-91 CIP. As part of the negotiations with the property owner, staff agreed to provide additional parking spaces on the north side of the property in order to help mitigate the loss of parking that will result both temporarily (during construction) and permanently (due to the SR-91 widening). In addition, staff agreed to provide new exterior electrical circuits and receptacles along the new realigned parking lot on the south side of the property in order to address logistical concerns the property owner raised related to the operation and maintenance of its facilities. The scope of the additional parking spaces and electrical work was not part of the original ROW Property Mitigation Package 2 contract scope. The design has been modified through the PCM services referenced above, and the additional construction work will need to be issued as a change order to Dalke & Sons. The amount of $150,000 is being requested specifically for the additional work scope that resulted from settlement negotiations with the Wardlow Property owner in order to preserve the original contingency amount of $129,768 for unexpected issues that may come up during construction. The breakdown of the additional $150,000 being requested is shown in Table A . Table A SR-91 CIP ROW Property Mitigation Package 2 Amendment No. 1 Breakdown -Estimated Negotiated Values Scope Amount Additional Parking on North Side of Building (Demolish existing landscape islands, install new $120,000 asphalt parking stalls, curb and gutter, relocate post indicator valve, and reconfigure irrigation system) Additional Exterior Electrical Circuits and Receptacles $30,000 (Install new underground circuits from existing electrical panel on north side of building to various new receptacle locations throughout reconfigured parking lot on south side) Total Not to Exceed Amount $150,000 To date, no construction change orders have been issued for the ROW Property Mitigation Package 2 agreement, although a number of potential change orders (PCOs) have been submitted by Dalke & Sons and are currently being assessed by staff. It is anticipated that the original contingency amount of $129,768 will be adequate to cover the current PCOs submitted by Dalke & Sons as well as any future items that may come up over the remainder of the agreement not including the $150,000 in additional work scope above. Agenda Item SE 91 • • • • • • Staff recommends approval to increase the authorized contingency for Agreement No. 14-31-022-00 with Dalke & Sons for the construction of ROW Property Mitigation Package 2 in the amount of $150,000 for a revised total contingency of $279,768 and a total amount not to exceed $1,577,448. In Fiscal Year Budget: Source of Funds: Financial Information Yes Year: FY 2014/15 2009 Measure A Western County Highway and Debt Proceeds Amount: Budget Adjustment: GLA/Project Accounting No.: 003028 8140100000 0000 262 3181401 Fiscal Procedures Approved: Date: Agenda Item SE 92 $150,000 No 10/15/2014 • AGENDA ITEM SF • • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: November 12, 2014 TO: Riverside County Transportation Commission FROM: Western Riverside County Programs and Projects Committee Shirley Medina, Planning and Programming Director THROUGH: Anne Mayer, Executive Director SUBJECT: Request for Funding a Project Study Report Equivalent Document for the Ethanac Road/State Route 74/Nichols Road Corridor WESTERN RIVERSIDE COUNTY PROGRAMS AND PROJECTS COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to approve $2 million of 2009 Measure A Western County New Corridors Program funds for the preparation of a Project Study Report Equivalent (PSRE) document that the county of Riverside will serve as lead agency. BACKGROUND INFORMATION: The Commission received a joint letter dated September 30, 2014, from the county of Riverside (County) and cities of Lake Elsinore, Menifee, and Perris (Cities) requesting funding for an east-west corridor along SR-74/Ethanac Road to serve as a direct route between Antelope Road in Romoland and SR-74 in Meadowbrook and the establishment of a new connection from SR-74 to Interstate 15 via Nichols Road. The purpose of this request is to eliminate circuitous detours thereby providing an efficient east-west route. The County and the Cities wish to study the Ethanac Road/State Route 74/Nichols Road Corridor and fund the preparation of a PSRE. The corridor to be studied would include a two-mile missing link, bridge crossing, grade separation, and approximately 1.5 miles of new road. The study will need to be a comprehensive corridor study that evaluates multimodal options including transit and active transportation concepts, as these mobility options are essential components of a comprehensive system. The PSRE is estimated to cost $3 million. The County and the Cities will contribute $1 million and are requesting the remaining $2 million be provided by the Commission. The Commission's share of the cost for the preparation of a PSRE could be funded through TUMF CETAP and/or 2009 Measure A Western County New Corridor Program funds. The Measure A New Corridor Program funds are related to new transportation corridors in Western Riverside County identified through the Community and Environmental Transportation Acceptability Process (CETAP) process. The outcome of the study may result in designating the Agenda Item SF 93 1----- Ethanac Road/State Route 74/Nichols Road Corridor, in addition to Cajalco Road, as the primary east-west corridors between 1-215 and 1-15 eligible for consideration of Measure A New Corridor Programs/CETAP funding. Financial Information In Fiscal Year Budget: I N/A I Year: I FY 2015/16 Amount: I $2,000,000 Source of Funds: 12009 Measure A Western County New Corridors Program funds Budget Adjustment: I N/A GL/Project Accounting No.: 615133 81101 261 73 81101 Fiscal Procedures Approved: ~~ I Date: I 10/17/2014 Attachment: Joint Letter dated September 30, 2014 Agenda Item 8F 94 • • • --------------------------------------------- • County of Riverside 4080 Lemon St -5,. Floor Riverside CA 92501 September 30, 2014 City of Lake Elsinore 130 South Main Street Lake Elsinore CA 92530 Anne Mayer, Executive Director Riverside County Transportation Commission 4080 Lemon St. -3rd Floor Riverside CA 92501 Dear Anne: City of Menifee 29714 Haun Road Menifee CA 92586 City of Perris 101 N. "D" Street Perris CA 92570 RIVERSIDE cguNTY I t<ANSPORTATION OMMl'SSION The Ethanac/Highway 7 4 Corridor is a critically important intra-county route. It connects the Cities of Hemet, San Jacinto, Menifee, Perris and Lake Elsinore, and the unincorporated communities of Winchester, Homeland, Romoland, Goodhope, Meadowbrook, and Warm Springs. The Ethanac/Highway 74 Corridor and the Cajalco/Ramona Expressway are planned to function as the primary east-west, non- freeway arterial routes that are centrally located to serve all of Western Riverside County. The County and the Cities of Lake Elsinore, Menifee, and Perris desire to pursue a cooperative planning process to connect Ethanac Road as a direct route between Antelope Road in Romo land and Highway 7 4 in Meadowbrook, and to establish a new connection from Highway 74 near Warm Springs to the Nichols Road interchange at 1- 15. These new connections would save about 5 miles of circuitous detours as traffic now heads north on 1-215, then back south again through Perris, and continues on Highway 7 4 into Lake Elsinore, through heavily-traveled, developed areas with numerous driveways and access points that are not conducive to the efficient movement of regional traffic. The extension of Ethanac as a direct route would require building about a two-mile "missing link" from where the road terminates at the east bank of the San Jacinto River westerly to connect to SR 7 4 in Meadowbrook. It would include a bridge crossing over the San Jacinto River and a railroad grade separation at the easterly road connection by Case/Mathews Road. The Nichols connection through Warm Springs to Highway 74 would include building about 1.5 miles of new road. These improvements could be done in phases as funding becomes available . 95 Riverside County Transportation Commission September 30, 2014 Page 2of2 We are jointly requesting that RCTC become an active partner in the planning and project delivery efforts for this needed corridor. Given the lengthy State and Federal environmental review process, and the growing need to see this corridor in place, it is imperative that we start the planning work at the earliest opportunity. We therefore request RCTC's assistance and consideration of the following: • Designate the Ethanac/Highway 74/Nichols Corridor and the Cajalco Expressway as facilities eligible for CETAP funding. These facilities would provide east-west mobility in place of the westerly extension of the Mid County Parkway between 1- 15 and 1-215, which is not being pursued by RCTC, and should therefore be considered for the major corridor funding available through the CETAP process. • Consider the allocation of $2 million in regional planning funds, to be matched by $1 million in local funds to be identified by the County and Cities in cooperation with WRCOG. This combined funding of $3 million would provide for initial project development work for the preparation of a Project Study Report-equivalent document which explores conceptual alignment alternatives, identifies opportunities and constraints, and develops order of magnitude cost estimates and a phasing concept. This work would be the precursor to the development of an environmental document. • Staff Participation in project meetings, and guidance and support in this corridor planning effort. The County of Riverside is proposed to be the lead agency for this undertaking with close cooperation and support from our partner Cities. We will establish a cooperative planning effort involving staff from all partner agencies, RCTC and WRCOG. We look forward to working together to jointly plan and deliver this critically important corridor that will improve the quality of life of our residents, businesses, and visitors to Riverside County. Sincerely, 96 • • • • AGENDA ITEM SG • • • • • ----------------------------- RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: TO: FROM: THROUGH: SUBJECT: November 12, 2014 Riverside County Transportation Commission Western Riverside County Programs and Projects Committee Mark Lancaster, Right of Way Manager Anne Mayer, Executive Director Amendment to Right of Way On-Call Support Services Agreements ======::::!.I WESTERN RIVERSIDE COUNTY PROGRAMS AND PROJECTS COMMITTEE AND STAFF RECOMMENDA T/ON: This item is for the Commission to approve an increase of $500,000 for the following agreements for the continued support of on-call right of way (ROW) services for a revised amount not to exceed an aggregate value of $2 million; a) Agreement No. 12-31-012-00 with Overland Pacific & Cutler (OPC); and b) Agreement No. 12-31-038-00 with Epic Land Solutions (Epic) . BACKGROUND INFORMATION: In January 2012 following a competitive procurement, the Commission awarded the two agreements referenced above to provide on-call ROW support services for a three-year term, and a single one-year option, for a total authorization of $1.5 million ROW services are necessary to support current Commission projects and future Measure A highway and rail projects. In order to meet project schedules, control costs, and assure compliance with federal and state regulations and requirements related to ROW acquisition, the Commission awarded these agreements for on-call services, with the work to be issued on an as-needed task order basis. Since that time, there has been an increased level of ROW activities, including continued work on the SR-91 high occupancy vehicle (SR-91 HOV) lanes project, Perris Valley Line (PVL) project, the SR-74, and SR-60/East Junction projects' closeout activities, and excess land sales, which necessitates the need for additional funds. To date, $1.47 million has been obligated on task orders related to these projects, leaving $30,000 for the remaining term of the agreement. Staff projected the need of an additional $500,000 based on historical expenditure trends and future ROW services required related to this agreement. These additional services include PVL ROW support services, completion of SR-91 HOV ROW activities, and other services that are anticipated prior to the expiration of the two on-call ROW services agreements. Staff recommends an increase in the aggregate authorization to allow for completion of the initial term as well as to accommodate the term extension, if determined to be necessary . Agenda Item 8G 97 recommends an increase in the aggregate authorization to allow for completion of the initial term as well as to accommodate the term extension, if determined to be necessary. Staff recommends approval of a total increase of $500,000 for the continued support of on-call ROW services, for Agreement No. 12-31-012-00 with OPC and Agreement No. 12-31-038-00 with Epic for a revised amount not to exceed an aggregate value of $2 million. Financial Information In Fiscal Year Budget: I Yes I Year: I FY 2014/15 Amount: $ 200,000 N/A FY 2015/16 $ 300,000 1989 Measure A Western County highway and rail; 2009 Measure A No Source of Funds: Western County highway; and/or Budget Adjustment: N/A Transportation Uniform Mitigation Fee CETAP funds 003001 81403 00000 0000 222 31 81401 003005 81403 00000 0000 222 31 81401 003009 81403 00000 0000 222 31 81401 003015 81403 00000 0000 222 31 81401 003017 81403 00000 0000 222 3181401 GL/Project Accounting No.: 0030218140600000 0000 262 3181401 003023 81403 00000 0000 262 31 81401 003800 81403 00000 0000 221 33 81401 003823 81403 00000 0000 221 33 81401 003824 81403 00000 0000 22133 81401 005123 81403 00000 0000 210 73 81401 005127 81403 00000 0000 210 72 81401 Fiscal Procedures Approved: ~~ I Date: I 10/16/2014 Agenda Item 8G 98 • • • • AGENDA ITEM SH • • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: November 12, 2014 TO: Riverside County Transportation Commission FROM: Western Riverside County Programs and Projects Committee Mark Lancaster, Right of Way Manager THROUGH: Anne Mayer, Executive Director SUBJECT: Perris Valley Line -Moreno Valley March Field Station Utility Easement WESTERN RIVERSIDE COUNTY PROGRAMS AND PROJECTS COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to: 1) 2) Approve the Easement Deed between the Commission and Western Municipal Water District (WMWD), for Assessor Parcel Number (APN) 297-100-036, for maintenance and access at the future Moreno Valley March Field (MVMF) Station without any monetary compensation exchanged between the parties; and Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the grant of easement on behalf of the Commission. BACKGROUND INFORMATION: The Commission is the owner of a 14.47 acre vacant lot acquired on January 1, 2012, that will serve as the MVMF Station for the Perris Valley Line project. The MVMF Station is located in the city of Moreno Valley, also known as APN 297-100-036. To provide water service to the future station, March Joint Powers Authority will issue an encroachment permit in order for the Commission to begin construction on a connection to the existing WMWD mainline along Meridian Parkway. WMWD is requiring a permanent utility easement for maintenance and access, which includes inspection, testing, and sampling, to the backflow device and sewer monitoring manhole at two locations prior to establishing that connection: • Fire Double Check Detector Assembly (DCDA) and domestic water backflow device at Access Road 1 (10'x20') • Sewer Monitoring Manhole at Access Road 2 (10'x15') Staff is requesting the approval of a 350 square foot easement with WMWD in order to move forward with the service connection at MVMF Station. Since the Commission requires this easement for the encroachment permit approval, no monetary compensation will be Agenda Item 8H 99 exchanged between the parties. There is no fiscal impact related to this easement transaction, as WMWD will be responsible for the maintenance and operation of the water system appurtenances related to this easement. Attachment: Easement Deed Agenda Item SH 100 • • • • No Recording Fees Required Per Government Code Section 27383 • • Recording requested by: When recorded mail to: Western Municipal Water District 14205 Meridian Parkway Riverside, CA 92518 (Gov't Code 6103) l.D. Western Record No. ______ _ Assessor Parcel No. 297-100-036 GRANT OF EASEMENT No tax due (Grantee is a public agency) For valuable consideration, RIVERSIDE COUNTY TRANSPORTATION COMMISSION, a public entity, ("Granter''), hereby grants to WESTERN MUNICIPAL WATER DISTRICT OF RIVERSIDE COUNTY, ("Grantee"), its successors and assigns, an easement and right-of-way in, over, upon, under and across the lands hereinafter described to construct, reconstruct, install, replace, remove, repair, alter, operate, maintain, inspect and utilize back flow devices or associated pipelines together with any related appurtenances within the right-of-way, and for ingress and egress throughout the entire easement and right-of-way area described below in connection with the exercise of any of the foregoing rights. The property subject to this easement is located in the County of Riverside, State of California, described as follows ("Easement Area"): See attached Legal Description, Exhibit "A". Grantee shall use due care in the construction, operation and maintenance of said back flow devices, associated pipelines and any related appurtenances. Said back flow devices, associated pipelines and any related appurtenances, and every part thereof, shall, where the same crosses Grantor's land, be confined to the Easement Area and shall be constructed by Grantee with sufficient ground cover (i.e., distance between ground surface and top of such back flow devices, associates pipelines and any related appurtenances, as shown on the construction plans for such improvements). Granter, and its successors and assigns, shall not increase or decrease, or permit to be increased or decreased by any party, the now existing ground elevations of said Easement Area without prior written consent of Grantee. Granter reserves the right to cultivate, occupy and use the Easement Area for any purpose not inconsistent with the rights and privileges above granted, provided that Granter, and its successors and assigns agree that no trees, buildings, walls, or structures of any kind, shall be installed, constructed, erected, placed, planted on any portion of the Easement Area. Granter, and its successors and assigns, further agree that no changes in the alignment or grading of any road constructed within the Easement 101 Area will be made without prior written consent of the Grantee. Grantee shall have the reasonable right of access to and from said Easement Area for the purpose of exercising the rights granted herein, and the right to use gates in all fences which cross said Easement Area; and to trim, cut down, or clear away any trees and brush whenever in Grantee's reasonable judgment it is necessary for the convenient and safe exercise of the rights hereby granted. No additional fences or gates can be constructed across said Easement Area unless approved in writing by Grantee. Grantee shall also have the right to mark the location of said Easement Area in a manner which will not interfere with Grantor's reasonable and lawful use of said Easement Area. This instrument shall be binding upon and inure to the benefit of the successor and assigns of the Granter. IN WITNESS WHEREOF, Granter has executed this instrument this_ day of ______ __, 201_. GRANTOR: RIVERSIDE COUNTY TRANSPORTATION COMMISSION By: ___________ _ ANNE MAYER Its: Executive Director APPROVED AS TO FORM: BEST BEST & KRIEGER LLP By: ___________ _ STEVEN C. DEBAUN, Esq. Commission Counsel 102 • • • • • • Perris Valley Project 09-0461 APN: 297-100-036 EXHJBIT A LEGAL DESCRIPTION October 8, 2014 Sheet I of2 Real property situated in the unincorp6rated te.rritory of Riverside County, State of California, being those portions of Lot 4,as shown on thatc~ Tract Map No. 30857-2, filed onMi:ty2l, 2007, in Book422 pf Maps, at Pages 4 through 11, in the Office of the County Recorder, Riverside County, being more particularly described.(!$· follows; · PARCEL A COMMENCING at a gear sp~ and washer stamped. "K;ff;A L.S. 8012". in lieu of a brass disk in a well monwnetit, marking the smitheaste.tly tetminus of a coui'st' in the cetitedine of Meridian Parkway ( 112-feet wide) being shown as "North :3s-'36'32" West, 194.22 feet" on said Tract Map; Thence from said gear spike and. washer and leaving said centerline, at right angl~. North 54 "23 '50" East, 56.00 feet to a point on the northeasterly right-of-way line of said Meri<Uan Parkway; Tht.mce along said right-of-way line, NorUt 35°36' IO'' West, 14.44 feet to~ TRUE POINT OF BEGINNING; Thence continuing along said righWf-way line, North 35°36' IO" W~ 20.00 feet(L I); Thence leaving said right-of-way, at right angles. North 54°23 '50" East, 10.00 feet (L2) to the intersection of a line 10.00 feet northeast of and parallel with said right-of .. way line; Thence along said parallel line, SOuth 35°36' 10'' East,. 20.00 .feet. (L3); Thence leaving said parallel line, at right angles, South 54°23.50" West, 10,00 feet (IA) to the TRUE POINT OF BEGINNING. COnt.aining an area of200 square feet. more or less, measured in ground distances, as shown on the Plat, Exhibit "B" to Accompany Legal Description, attached and made a part hereof. · Bearings used in this description and its accompanying plat are based upon the Cillifurnia Coordinate System. Z-0ne 6, North American Datum of 1983, epoch 2007.00. Distances are in ground. Multiply distances by 0.99991995 to obtain grid distance . H:\Projects\SCR09046 l \Survey\Boundary\Legal Descriptions\MV-MF WMWD Esmt.~-R 141008.doc, 08-0ct-14 103 Sheet2 of2 PARCELB BEGINNING at the southwest cornet of Lot 9 as shown on said Tratt Map; Then<;e alo11g the south¢ast line ()f said Lot 9, North 52°18' 18" East, 10.00 met(L9)lo the intersootion oi a line 10.00 feet nOrtheast of and parallel with said right-of-way line; Tbeneelea.ving said southeast line of Lot 9 and alo11g said parallel line, Solith 37°4o•ss" East; ts;()() ~t (LlO); Thence leaving said f)8ralleliine, hth s2.01s·1s"'West, 10.00 feet (Lli)toa poJnt <>n saidrigltt--0f.:.way line. 1'btnce along said right--0f-way line, North 37°40'58" West, 1s~oo feet (Ll2)to the POINT OF BEGINNING. Containing an area of 150 square feet, more or less, measured in ground distances, as.shown on the Plat. !xbn>it "B .. to Aeeompany LQa1 Description, atmobed and made a part hereof: Beatings 1JSed in tbiS destription and its accompanying plat are based upon the California Coordinate System, .zone 6, North American Datum of I~. q>ach 2007.00. Distances aN in gr0un<f. Multiply distances by 0.99991995 to obtain grid dlStances~ Rnd of Description This description was·prepared by me or under my direction in: eon~~ with~ Pro~ional l.a!Jd Surveyor's Act. ~.2f l)z__IP/11//4 Prepared by: James A. Drenon PLSNo.6153 H:\Projects\SCR090461\Survey\Boundary\Legal Descriptions\MV-MF WMWD Esmts-Rl41008.doc, 08-0ct-14 104 • • • P.O.C. • @ .... z--n on-n -=11 0S::Z -ncZ Z7<:z _,o::>O ;;u 0 :;EI 0 m~· r-OJ. )>. 01'0-0· z PJ:G) !'-) .'.... -l)>)> r-V> m ----!:: () ;== s::. )> f'-~ ~~9<> o~::u ..::::;:;; z-V> --u> c~3! ~~ s:: rri G) s:::.... ?ri o::>o mZ 90 .---~)>· m_, Zr-(/) )> Ncn~ _,m::E (/) G) --...... CXl -c)> O· -l"" IO s:: 0 (/) -I -m-OJ -n I I:= ..:::: -u !'-) ~~~ mV> ;;u Vl ;;u. 0 !!l ::E~ ~ )> (/) r--.i;--~> ;:;:;-oz m~ Z-l :::: 0 s:: G)O ---u V>m )> -u 7<: 9 ::::lO Q-n z LOT 2 Or--,.,0 ~:J:!-; I I EfSEMENTS I I I c:o ,.,, )>. _c.,, 0) r-~ c:i~ I I c.,, ~O I I '-<:CJ I I CJ :::>\: ::0 I 0- ~ I CS>.-> o J I v.~ -; R=1544.00' ------'1=02'22'39" ~-<P N58"24 '? "[ 1 .yc:P-97.42 I _.>~ r-, D. ::0 q~ I// // '\9 L=64.07' -a-' ~~~/ I 178.99' I N52'78'27 "E I ~ ! < 'J ~ LOT 9 ~ <13 ~ ~1 ~ i2 PCL. '8' ~I~::;;! ; · 178.98' ~, N52'18'18"E 16 -1~_c.i+,._N_5_2-.1-8..,..'5-3"""""E__. ~ § ;:; ', 179.07' ~~ a . RCTC ~~~!' t' (INST. NO. 2012-0012137) APN 297-100-036 1 LOT 4, TRACT 3085 7-2 : 1 (MB 422/4-11) 1-:::-c; I SEC. 15, T.35., R.4W. S.B.B.&M. f:.. ig a "' c.,, I Cl?i I 2J I i:ri1 -· I ~:1 ~~ I~ lJ 25 I a· I CJ -,; I c.n ~I;~ 1:;;;:.· 0) '-:;;;:. 'J_I I , ...... 1 1700.00'1 I I ~1 ~I LOT 10 ~a. I cx,1 Ns2·19'35"£ ~~2·11'28"£ I 179.08' 121.96' ~I; ~~~~ ~Sci /c:o~<:~ ~1-~CJ~ /\v o I """ rr; V) j j I I 61);: ,~~~6 o < ""'~r,,C:: LOT 5 • /.!._.'"'l::i,..:::;;: FNO. NAIL & TAG ''L.S. 8012" SET IN FLOW~OF CONC GUTTER IN LIEU OF 1 "/J5.. ~I~ -r,, ~6 6l::ti I~ ,.,, rri :::>;; I -; '-...:-~ I~ I 301.03' + I :yPER (MB 422/ 4-, 11) : q 329.10' N52'18'45"E LOT 6 m )> V> m s:: m z ...... )> ;;o m )> II w (.n 0 V> p ~ -::::; 0 -I )> -'= :;:o N z lJJ OJ N lJJ lJJ OJ rTJ Id -0 )> Al () m r- OJ )> Al m )> II c.n 0 (/) 0 "Tl :-' :;:o ~ z lJJ O"l ~ O"l . N CD fT1 Id -0 )> Al () m r- )> )> Al m )> II tv 0 0 (/) 0 "Tl :-' I z rTJ 0 :;:o rTJ 0 =1 0 z :;:o )> 0 )> I UNINCORPORATED TERRJTORY OF RIVERSIDE COUNTY STATE OF CALIFORNIA RAIL SURVEYORS & ENGINEERS, INC. 1075 Old County Road Belmont, CA 94002 200' 0 100' 200' 400' EXHIBIT B Date: 10/08/14 PLAT TO ACCOMPANY LEGAL DESCRIPTION .,_sc ... a ... 1e_: ...... ---=1·=:2 ... 00 .... · FOR By: MC/JD WESTERN MUNI WATER DIST. ESMTS1-s-he .... e .... 1 N .... o ..... : ....._ ...... _1 o_F..,.3 Rev: 1 -1 41 008 105 ... PARCEC;A' EASEMENT LEGEND SUBJECT PARCEL ----STREET RIGHT Of WAY .& F.ND. GEAR SPIKE & WASHER STAMPED, ''KHA LS. 8012'', IN LIEU OF BRASS DISK IN WEUMONUMENT (MB422/4-1 l) IS:SJ MJPA P.O.C. T.P.O.B. ( ) LOT 3 PARCEL 'A' EASEMENT AREA=200SQ.FT. MARCH JOINT POWERS AUTHORITY POINT OF COMMENCEMENT TRUE POINT OF BEGINNING RECORD DATA PER MB 422/4-11 /\ I . I FND. NAIL &TAG LS. 8012SETIN TOP OF @ CURB; ACCEPTED AS THE PROLONGATION · Of LOTUNE (MB422/4-l1J • FND. l~ l/4" 1.P~ W/ TAG, "LS. 00t2" {MB 422/4-11) UNLESS OTHERWISE NOTEO . .. RCTC (INST. NO. 2012-0012137) APN 297-1QQ....,QJ6 LOT 4, TRACT 30867~2 (MB 422/4-11) MJPA 9.00' WIDE LANDSCAPE AN[) MAINTENANCE ESMT (MB 422/4-11) LINE L1 L2 LS L4 QIRECTION DISTANCE N35.36'10"W 20.00' N54.23'50"E 10.00' S35'36'1 O"E 20.00' S54'23'50"W 10.0b' ---------l . -~ -~· --N35"38'1tf'W...,.... L2~--I- NJ5•35' 1 O"W 14.44' \I ·~ • 1 194. 14 }'JI 01 :ri1 l.()j a. T P. .:Ola . · .0.B. ")la PCL IAI f\J td f'\ "<1-11.() --:.._R=1600.00' I IJ:::::J5·30'13" L=991.45' .. ~I 4 R=1900 00' -;-----· II--fJ=02'04,'48~,,---<~' ~-__ ty_3S-38'10"w 194.14' (N35.36'32-.W 194.2-2-,)- MERJOIAN PARKWAY (112.00' WIDE) P.O.C. L=68.98' UNINCORPORATED TERRITORY OF RIVERSIDE COUNTY STATE OF CALIFORNIA RAIL SURVEYORS & ENGINEERS, INC. 1075 Old County Road Belmont, CA 94002 50' 0 25' 50' 100' EXHIBIT B 0ate: ..._ ____ .......... PLAT TO ACCOMPANY LEGAL DESCRIPTION 1-S-c<:1_1e:_· ----1·~­ FOR WESTERN MUNI WATER DIST. ESMTS...__No_.: ---Of-1 Re.v: i -14 l 0 8 106 1-z UJ ~ UJ (/) <( UJ Cil _J UJ u Ck:'. <( o._ RCTC (INST. NO. 2012-0012137) APN 297-100-036 LOT 4, TRACT 30857-2 (MB 422/4-11) PCL. 'A' ~ ,Li.JI !1==2'04 '4B" ,Li.Ji'-al. , C'\JL _Lf)1a L==66.94 qa I ' f R;;-f8441JO' N37'40'46"W 205.99' LINE DIRECTION DISTANCE-L9 N52'18'18"E 10.00' L10 S37'40'58"E 15.00' ,li.J I L 11 S52'18'18"W 10.00' I !-1.J . 0 N .....--r 0 CD ~I 0 I") 0) ['..._ [ L 12 N37'40'58"W 15.00' l -. . C() -·o _C'\J ()) co -()) co ()) cx:i C() -co -['--. C'\J ['--. -C'\J Lf) -LOT 9 Lf) < < -~1~0 ...,, 1--_l!) 0 a:::i -.J MJPA 9.00' WIDE ~ LANDSCAPE AND P.0.8. < MAINTENANCE ESMT PCL. 'B' I 0 ~-1~ 422/4-~1~---- - -__ \ ILIO_ - --·-_"' 205.99 . L~L 11 83.08-;--I t S37'40'58"[ 289.07' ------==7ILJ2 60.01' I @ @ @ /VJ I C:: ~I C:: µ... 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W/ TAG, ''L.S. 8012" • (MB 422/4-11) UNLESS OTHERWISE NOTED • ~ :$ E-< ~ ~ Cl E-< 0 ~ 5 µ... ~o~ ou<i::: ~~u p:::; Cl µ... 0 ....... 0 u U'.l ~ ~~ E-< z>f'.'.S ~ ~ U'.l ~rrr ~ -; 5 0 g -~ M 0 --0 OJ 0 "<:t" z ~ .. iJj > " ~1~1~1 ~ (/) z I-0 2 i== a_ V) Ci2 UJ u I-tfl V) 0 0 --' ~ Cil 0 UJ I-!:=: ~ Ile: < Cil >-0 ~ -Z LL I <( z x a_ UJ ~ '.::) 0 2 u u z I ,...... <( ~ 0 0 UJ .-t I-I-~ V) UJ --' ~ a_ c-0 UJ a:: [.J 0 z " ro >--0 w -a::~ > UJ z-.o a:: a:: § a2i ::J W O<( m w oo z " . ...1 -5t: :;( [!] LO ~ ~ z r---w 0 Ql ,.-co ~ • • AGENDA ITEM 81 • •• • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: November 12, 2014 TO: Riverside County Transportation Commission FROM: Western Riverside County Programs and Projects Committee Josefina Clemente, Transit Manager THROUGH: Anne Mayer, Executive Director SUBJECT: 2015 Western Riverside County Measure A Specialized Transit Three-Year Call for Projects WESTERN RIVERSIDE COUNTY PROGRAMS AND PROJECTS COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to: 1) 2) Approve the release of the 2015 Western Riverside County Measure A Specialized Transit Three-Year Call for Projects (2015 Call for Projects) for approximately $8 million covering fiscal years 2015/16 -2017 /18 for Western Riverside County (Western County); and Authorize staff to advertise the availability of funding and to solicit project proposals from non-profit agencies and other interested parties or operators. BACKGROUND INFORMATION: Staff is seeking approval to release the 2015 Call for Projects for the Measure A Western Riverside Specialized Transit Program covering FYs 2015/16 -2017 /18. The 2009 Measure A Expenditure Plan allocates approximately 11.6 percent of the annual 2009 Measure A Western County revenues to public transit. The public transit allocation is then distributed among five programs, namely: specialized transit services, specialized transit operations, commuter rail, intercity bus, and commuter services. The Measure A allotment for the specialized transit services program provides ongoing funding to benefit older adults, persons with disabilities, and low-income individuals in Western County. In Western County, this funding has been distributed through a competitive process to a wide array of non-profit and community organizations who serve these constituencies, as well as to Riverside Transit Agency (RTA) and municipal transit operators for specialized transit services for persons with disabilities and older adults. In the Coachella Valley, the 2009 Measure A Expenditure Plan allocates an even higher percentage of funding for public transit (15 percent) than in Western County. This funding is Agenda Item 81 108 allocated directly to Sunline Transit Agency {Sunline). Currently, Measure A is utilized by Sunline to improve and expand public transit and specialized transportation services. Specialized Transit Needs Continue to Grow in Spite of Federal Policy Changes Through its specialized transit grant program, the Commission demonstrated a long-time commitment to improving mobility and independence of the region's older adults, persons with disabilities, and the low-income individuals. In addition to traditional public dial-a-ride services, the Commission granted funds to non-profit agencies that provide transit assistance to clients having very special transit needs and to those residing in hard to serve rural areas for the intercommunity travel. This program has been successful over the years for providing improved transit access to Riverside County residents. In FY 2013/14, $2.5 million in Measure A funds were awarded under the prior Universal Call for Projects generating about 264,000 special transit one-way trips provided by 13 non-profit agencies. This represents a 3 percent increase over the number of trips served in FY 2012/13 with $2.1 million Measure A funds awarded to the same amount of non-profit agencies. • This ridership count is exclusive of the number of trips generated by the prior federal authorization, Safe, Accountable, Flexible Transportation Equity Act-Legacy for Users, and its programs that included Job Access Reverse Commute (JARC) and New Freedom. Under the terms of the current federal authorization Moving for Progress in the 21st Century, JARC is no longer a separate funding program. Instead, it has been made a voluntary program and • combined with Section 5307 urbanized area formula funding. Additionally the New Freedom program has been combined with the Section 5310 Enhanced Mobility of Seniors and Individuals with Disabilities program. Under federal law, the section 5307 formula functs "are appropriated annually by Congress and distributed to regions per an urbanized area formula based upon population served and the amount of transit service provided. The Southern California Association of Governments is the designated recipient of Section 5307 funds, which it in turn suballocates to state and local governmental authorities, including public transportation providers. In Riverside County, the cities of Corona and Riverside, RTA, and Sunline are subrecipients of Section 5307 funds for transportation operations. In the case of Section 5310, Caltrans is the designated recipient and holds a statewide competitive process to award funds. The change in federal law results in significant impacts countywide. In the last two Universal Calls for Projects, the Commission was able to combine Measure A funding with JARC and New Freedom funding to support a number of worthwhile services and was able to do so countywide. Now that JARC and New Freedom funding have been folded into other federal programs, the only funding program the Commission has the full power to allocate is the Measure A Western County Specialized Transit Program. In the Coachella Valley, the Commission will work proactively with Sun line and community organizations to ensure ongoing service for programs, which previously received JARC funding. Examples include the new bus line extension that serves the eastern reaches of the Coachella Valley including communities such as Mecca and North Shore and services to Roy's Desert Resource Center. • Agenda Item 81 109 • • • Under the 2015 Call for Projects, staff projects approximately $8 million to be available for the specialized transit programming in Western County. Staff is seeking approval to distribute an average of $2.6 million annually starting in FY 2015/16 for the program over the next three consecutive fiscal years. It should be noted the Commission previously approved a Measure A Western County specialized transit reserve of $2 million to provide stability to the funding levels contained in subsequent calls for projects. The $8 million programming amount currently takes the $2 million reserve into account. In evaluating applications, the Commission will be faced with the challenge of needs and requests that are expected to exceed the amount of funding available. Keeping that in mind, the Commission will seek to serve as many recipients as possible on a cost-effective basis. Funding priorities for the Measure A program are as follows: a) Support of existing services, which, if not funded by Measure A funds, would leave an area and/or special population without alternate service options; b) Support of existing services that offer an improved level of service coordination with the existing transportation network; c) Support of new services that leverage other revenue sources, can be administered in a cost effective manner, and will not require long term support from Measure A funding; and d) Support of new and expansion of existing services including transportation for veterans and shuttles including, but not limited to, nutrition and medical services. Applicants will be requested to indicate how the proposed service will coordinate trips and/or services with existing transportation providers including public and non-profit agencies. Projects should not duplicate existing services currently provided by public agencies. Projects will require the same local match under past practice that requires a 34 percent match for operating and a 50 percent match for capital projects. With Commission approval, staff will post the application and instructions on the Commission's website on November 12. The application submission deadline to the Commission is January 9, 2015. Staff anticipates strong competition for the available funds. An evaluation committee consisting of two Citizens Advisory Committee/Social Services Transportation Advisory Committee representatives, two Commission staff members, and one county agency representative (to foster an impartial perspective) will assist in evaluating the proposals. The evaluation and selection of applications will be completed in March 2015, and the recommendations for funding awards to successful applicants will be submitted to the Commission for approval at its April 2015 meeting. Funding coverage will commence on July 1, 2015, and the grant cycle will be concluded on June 30, 2018. There is no fiscal impact for the release of the 2015 Call for Projects, as this is not an award of the grants . Agenda Item 81 110 • AGENDA ITEM 9 • • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: November 12, 2014 TO: Riverside County Transportation Commission FROM: Sheldon Peterson, Rail Manager THROUGH: Anne Mayer, Executive Director SUBJECT: Coachella Valley-San Gorgonio Pass Rail Study Update and Amendment for On-Call Rail Operations Support Services STAFF RECOMMENDATION: This item is for the Commission to: 1) Receive an update on the progress for the Coachella Valley San Gorgonio Pass Rail Study 2) and; Approve an increase of $1 million for the following agreements for the continued support of on-call rail operations support services for a revised amount not to exceed an aggregate value of $2 million; a) Agreement No. 12-25-022-00 with HDR Engineering, Inc. (HDR); b) Agreement No. 12-25-035-00 with Parsons Brinckerhoff, Inc. (Parsons Brinckerhoff); and c) Agreement No. 12-25-036-00 with STV Incorporated (STV). BACKGROUND INFORMATION: At its January 11, 2012 meeting, the Commission approved three agreements to provide on-call rail operations support services for a three-year term, and two one-year options to extend the agreements, in an amount not to exceed an aggregate value of $1 million. The Commission's Rail Department actively manages the operations, planning, and development of passenger rail issues in the county. In order to better serve the Commission, staff recommended the addition of an on-call rail operations support consulting bench. These additional resources have been used to develop and support ongoing projects for the Commission on an as needed basis and supported a number of key projects. These services also support the department's ability to plan and develop rail capital and service improvements that allow for the efficient and effective use of grant funding that is available. The on-call rail operations support services projects have been well distributed among the three consultants. For example, HDR assisted with design work for the rail improvement related to the East Junction highway project ($119,000), development of the Federal Railroad Administration (FRA) grant application for the Coachella Valley rail project ($40,000), and marketing and communications support for 91 Line improvements ($46,000}. Parsons Agenda Item 9 111 Brinckerhoff has been instrumental in developing the service scenarios and operations modeling for improvements on the 91 Line and the future Perris Valley Line (PVL) implementation, including BNSF Railway negotiations ($275,000). STV supported the rail department with a San Jacinto Branch Line study and analysis for the full length of the track ($50,000), design and engineering for the Riverside Downtown Operations Control Center ($225,000), and preliminary engineering for the security camera network for the PVL stations and layover ($121,000). The amounts demonstrate the type and magnitude of support services related to the rail projects. To date, approximately $900,000 has been obligated on task orders related to these projects, leaving only $100,000 in funding for the remaining two amendment years. Staff projected the need of an additional $1 million based on historical expenditure trends and the significant list of anticipated rail consulting services related to these agreements. These additional services include start up implementation, security and service planning for PVL, support efforts for the Coachella Valley rail study, development of a long-term rail investment plan, a next steps study for commuter rail, and support for rail passenger service and station improvements. Staff recommends an increase in the aggregate authorization to allow for completion of the initial term, as well as accommodate the term extensions. Staff recommends approval for an increase in the amount of $1 million for the continued • support of on-call rail operations support services for Agreement No. 12-25-022-00 with HDR; • Agreement No. 12-25-035-00 with Parsons Brinckerhoff, and Agreement No. 12-25-036-00 with STV for the revised amount not to exceed an aggregate value of $2 million. Coachella Valley-San Gorgonio Pass Rail Study Update The on-call rail support services agreements have assisted the Commission develop a number of key projects including the preparation of the $3 million FRA grant application for the Coachella Valley San Gorgonio Pass Study submitted in September 2014. Staff will provide an update as to the current progress and status of the Coachella Valley San Gorgonio Pass Rail Study, and a more formal report will be presented to the Commission in the near future. Financial Information In Fiscal Year Budget: I N/A I Year: I FYlS/16+ Amount: I $1,000,000 Source of Funds: I Local Transportation Funds/2009 Measure A Western County Rail Budget Adjustment: I N/A GL/Project Accounting No.: 254199 103 25 65520 654199 265 33 65520 Fiscal Procedures Approved: ~~ I Date: I 11/03/14 Agenda Item 9 112 • WSANGHJOS COUNTY --· . SCI<:~·, A~g-o.,."*~; \Y.!r-G*i:ol S..:.bj --:JP AJ:911m1>nt ;>Jh,rb<::i ~bl --""''f<l Vo:;.-;;,""' !N~w'<~-~I --:)!>~ ~a~:!>IO S•m.,d: (,~..,:i (W~<::hAj ~*'{;:i-<::I fa•~!>t>q ~~o;~ .,,.,,;,i-Roi! C:><1l't-eli:;.>\1 0 0 0 0 fnw,""°'s""'"'"' 11/12/2014 1 • Coordination with federal, state, agency, railroad, transit, tribal partners via TAC meetings, in-person meetings, conference calls, written updates • Coordination with elected officials via Ad Hoc Policy Committee meetings, in-person consultations, status updates • Stakeholder/public coordination via in-person meetings, website, social media, public meetings • Outreach Plan is developed as a living document • TAC Meeting November 19 • CVAG Transportation Committee Outreach January 5 • The Commission Policy Ad Hoc Tentatively for January • Public Outreach Meeting Tentatively for February • Facebook Page and Website are live and updated 11/12/2014 2 11/12/2014 • Market Analysis • Purpose and Need Statement • Alternatives Identification • Preliminary Service Planning • Alternatives Evaluation o Ridership o Costs o Benefits o Environmental Constraints o Phasing 3 I< 7 Years .,. ... ... Service viability timeframe, phasing Preferred Alternative Technology Station Locations Governance • FRA Grant Application Submitted in September • Requested $3 million in Federal Funds to continue with Phase 2 • HDR through the Rail On-Call Bench was responsive enough to get detailed grant application developed in a matter of weeks. • Commissioner Greg Pettis, Executive Director, and staff went to Washington DC to meet with DOT, FRA , and legislative staff. • Overwhelming number of Letters of Support from across the region. A total of 44 submitted. 11/12/2014 4 • • • • • • • • Projects such as the FRA Grant, Station Projects, PVL, and 91 Line service planning projects have all been made possible by the on call process Two more years available as contract options Proven contractors: STV, PB , and HDR Request an additional $1 million in authority Future projects : Station and Passenger Facil ity upgrades and designs Future Coachella Valley Rail Support Future Rail Investme nt Study 11/12/2014 5 Fast Facts • Lo s A nge les Basin : 16.5 million population, 7.2 million jobs • Coachella Valley: 443,000 population, 12.2 million visitors • Commuter Trips : 140,000 daily • Route length : 141 miles • Proposed initia l daily round-trips: 2 • Running t ime Los Angeles- Indio: 3 hours • Host railroads : Union Pacific, BNSF Railway, SCRRA (Metrolink) • Stations being studied : Up to 9 • Current phase: Planning / Alternatives Analysis livenideCtw.intyTronsportationCommission COACHELLA VALLEY-SAN GORGONIO PASS Corridor Rail Service Connecting Southern California The Riverside County Tr ansportation Commission (RCTC), in coordination with Ca ltrans, the Federal Railroad Administration and the Coachella Valley Association of Governments (CVAG), is studying the expansion of Amtrak passenger rail service to the Coachella Val ley and San Gorgonio Pass. T he service is envisioned to provide an integrated, sustainable travel mode, promote economic opportunities and foster more livab le commun ities . Currently, there are very limited transit connections between Los Angeles and the Coache l la Valley. This service would provide new travel options between Los Angeles job centers and Coachella Valley tourism destinations. Studying Rail Options, Potential Stations RCTC is analyzing various alignments for the rail system and a number of station locations, in an effort to bring the best serv ice to the region. West of Co lton, the route cou ld extend along the Metrolink San Bernardino Line, along the Union Pa ci fic Railroad through Ontario and Pomona, along the Union Pacific Railroad through Riverside and Pomona, or along the BNSF Railway through Riverside and Fullerton. East of Colton, the line could operate on the Union Pacific Yuma Sub Line. Amtrak service is being considered, rather than Metrol i nk, because Amtrak has legislative authority to operate on private railroads. A number of stations are b ei ng studied along the proposed rail alignments, including new stations in Indio, the Mid-Valley near Rancho Mirag e, the Pass Area and Redlands/ Loma Linda. Federal Railroad Administration Process RCTC is following a process established by the Federal Railroad Administration to determine if rai l service can be extended to the Coachella Valley. The process will enable RCTC to: 1. Determine if the project is ready for further study 2 . Id en tify potential impacts to private railroad operations and how to address them cooperative ly with the railroad s 3. Provide a basis for obtainin g federa l funding for the new service 4. Receive env ironme ntal approval for the project The t imeline for completing this full process is approximately seven years, from th e current "Alternatives Analysis/Prelim in ary Service Development Plan " phase to the "Final Design and Construction" phase. T he current phase is expected to be completed in summer 2015. At that point, RCTC will determine if the project is ready to move to the next stage of p lanning. I< 7 Years -.-... ... ' ' COACHELLA VALLEY-SAN GORGONIO PASS Corridor Rail Service First Phase o f Stu d y U nder Way to Determine Service Options RC T C has begun t he first p ha se of the Federal Railroad Administration process, wh ich includes t he A lt ern at ives A nal ysis and Pre liminary Service Development Plan. This phase wi l l include the fol lo w ing e lem e nts: • Mark et An al ys is • Purpose an d eed State me nt • Alternative s Id e ntificatio n • Preliminary Se rv ice Planning • Alternatives Evaluation --Rid ership, Cost s, Benefits, Environmental Co nstraints and Ph as in g This first phase of st ud y is expe cted to be completed in summer 20 15. RC T C will use the findings from th is f irst pha se t o decide whether th e project should move forward for further study. If RCTC makes th e d e c isi o n th at rail service may be an option, the project then would enter the formal Env iro nm enta l Document phase to examine potent ia l impacts to the environment and w ays to m iti g ate these impacts. If the project is approved, a Service Development Pla n w o uld b e c re ated and funding would b e explored. RC T C has formed a Te ch n ical A d v isory Committee comprised of regional stakeholders and an Ad Hoc C o m mi tte e of its Commission members. Public input also will be critical in the decision ma ki ng proce ss. Pub lic meetings will be held, and RC T C will be encouraging feedback about se rv ice ro utes , stations, ridership and other elements through th e meetings , the pro j ect web site and Facebook . 2014 2015 Summer Fall Winter Spring Summer U!fo.l·ifii+ MARKET ANALYSIS ""'hhiH 1111·* l'il?.'iil• EVALUATE ALTERNATIVES LEGEND --SCRRA San Gabriel Sub -Union Pacific RR Alhambra Sub ---' -BNSF Railway San Bernardino Sub --Un ion Pacific RR Yuma Sub -Un ion Pacific RR Los Angeles Sub -Existing Stations -Potential Station s !:!); !iJ11.!..;1 './;l!IJ.E'/ • Not all potential stations will be needed; construction and alignment alternatives will be determined in t he fu t ure. Initi al Project Supporters: Riv ersid e Co unty Tr an sp o rtatio n Co mmission •Co unty of Rive rs id e Supe rv isors• Coachell a Vall ey Ass ociati o n of G o v ernments• Coache ll a Vall ey E ~onom i c Partn ership •.City of Calim".sa •C it ~ of Cath edra l City• City of Co ro na • Ci ty of Indian W e ll s •Cit y of Eas tvale • Cit y of Ju r upa Vall ey • City ~f Indio •City of La Quinta • Monthly Highlights The Riverside County Transportation Commission (RCTC), in coordination with Caltrans, the Federal Railroad Administration (FRA) and the Coachella Valley Association of Governments (CVAG), began work this summer on the Coachella Valley-San Gorgonio Pass Corridor Rail Preliminary Service Deve lopment Plan . Recent activities include: • RCTC submitted an application to the FRA to request $3 million in funding for a Service Development Plan and environmental document . The grant would be supplemented by $900,000 in local funds from the Coachella Valley to undertake the second phase of this Service Development Plan effort. • A Technical Advisory Committee has been established and w i ll meet for the first time on November 19. This group, comprised of representatives from local , state and federal transportation agencies , transit operators and corridor cities, will provide technical input throughout the study. • RCTC has formed an Ad Hoc Policy Committee for the study . The group will hold its initial meeting in January . • The project website , CVRa i lProject.info, has been updated and now includes a page specifically to collect feedback. A Facebook account has been developed to promote two-way communication . • Market analysis is underway. Trip data show that 62 % of regular weekday trips through the San Gorgonio Pass are to/from the Inland Empire , 24 % are to/from Los Angeles County , and 12% are to/from Orange County. Service Development Plan Timeline 2014 Coming Soon November 19, 2014: Technical Advisory Committee Meeting January 2015: RCTC Ad Hoc Committee Meeting Contact Us Sheldon Peterson RCTC Rail Manager speterson@rctc.org 951-787-7141 CVRa ii Project. info CVRailProject 2015 Summer Fall Winter Spring Summer MARKET ANALYSIS PURPOSE & NEED • We are here EVALUATE ALTERNATIVES ALTS . ANALYSIS REPORT • AGENDA ITEM 10 • • • • • RIVERSIDE COUNTY TRANSPORTA T/ON COMMISSION DATE: November 12, 2014 TO: Riverside County Transportation Commission FROM: David Thomas, Toll Project Manager SUBJECT: 91 Project -Construction Update STAFF RECOMMENDATION: This item is for the Commission to receive and file an update on the 91 Project. BACKGROUND INFORMATION: Construction is well under way on the widening of State Route 91 in Corona. Staff will provide an update on the current construction activity for the 91 Project . Agenda Item 10 113 91 PROJECT UPDATE .. . . . .. ' . . • May 2013: Awarded design-build contract • July 2013: Secured funding, closed bond sale • Dec. 2013: Held groundbreaking • July 2014: Full construction began • 2017: Projected date for lanes to open 11/12/2014 1 .,A ···flgffi;H R'«'/.IDtTf,~'l.,.J. Proposed Improvement West of I-15 Interchange 11/12/2014 2 West of 1·15 Interchange Bridges and Earthwork Currently Under Construction 11/12/2014 3 11/12/2014 4 11 /12/2014 5 11/12/2014 6 11/12/2014 7 11/12/2014 8 11/12/2014 9 11/12/2014 10 Proposed Improvement at Green River Road 11/12/2014 11 11/12/2014 12 11/12/2014 13 Location: Bridge 29@ SB 1-15 -Facing South Description: Shoring installed at Abutment 2 for Bridge 29. 11/12/2014 14 11/12/2014 • 1-15 Median Paving • E. Grand Blvd Bridge Construction • Frontage Road Realignments • Main Street Closure for Bridge Demolition • Main Street 12-month Ramp Closures 15 11/12/2014 '~t~y Connected .. .. I e .. • •a -• I I sr91project.info 877-770-9191 @sr91project sr91project.com Check out our mobile website! 1§Jt~ Real-time traffic updates, ie511.org - 16 • AGENDA ITEM 12 • COMMISSIONERS REPORT • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: November 12, 2014 TO: Riverside County Transportation Commission FROM: Commissioners Daryl Busch and Greg Pettis SUBJECT: 2014 APTA Rail and the Railvolution Conferences BACKGROUND INFORMATION: The passage of Assembly Bill 1234 requires a report on trips made by an elected official on behalf of a public agency. The purpose of this report is to provide information on the rail conferences attended by Commissioners. The first was the Annual APTA Rail Conference in Montreal Quebec Canada on June 15-18, 2014, which Commissioner Greg Pettis attended. On an annual basis, the APTA Rail Conference is held to address nearly every aspect of commuter rail and rail transit. With all the recent activity in high-speed rail, positive train control (PTC), federal funding and other issues impacting the industry, this year had solid attendance with over 1,300 participants. In addition, there was good Southern California presence including board members and staff from the other partner Metrolink agencies. This conference provides a great opportunity to learn more about the industry's latest trends and challenges to developing effective transportation alternatives. More recently, the Railvolution Conference was held in Minneapolis, MN on September 21-24, 2014 which Commissioner Daryl Busch attended. Every year, the Railvolution Conference is held to concentrate on helping build livable communities with transit and assist with issues of smart growth planning and transit oriented development. This year's conference was well attended with over 1,200 participants. This conference enables participants the opportunity to utilize the public transit systems and visit real world examples of how transportation is improving lives and changing communities. Workshops and Seminars There was a full assortment of workshops at both conferences that directly related to Metrolink commuter rail operations, intercity rail such as the Los Angeles -San Diego -San Luis Obispo Rail Corridor (LOSSAN), smart planning, and topics that related to the development of the Perris Valley Line. The following list provides some examples: • PTC Policy • Major Transit Agencies Move to Driverless Operation • Traction Power • Rail Standards Agenda Item 12 114 • • Analyze This! Tools for Reducing Accidents & Minimizing Hazards • Technologies Supporting Rail Security ... What Works? • How is the Rail Market Changing? • Integrating HSR in Existing Corridors • Streamlining Project Development in a Multimodal Environment • Signal Systems • Energy, Environment & Rail • Rolling Stock Equipment: Vehicle Technology & Procurement • Maintenance Practices for Reliability • Cyber Security & Hacking: Should Rail Systems be Concerned? • Engaging Diverse Communities in the Planning Process • Alternative Delivery • Positive Train Control • DBE & Small Business Programs Compliance -How Are We Doing? • Creative Placemaking +Arts = Economic Development • Great Expectations for Large Scale TOD • Complete Streets: From Policy to Implementation • Connecting the Collar • Beyond Mobility: Corridor Planning for the Big Picture • Station Area Planning 101 • Value Capture: Myth or Reality? • • Millennials + Boomers: a Win Win Plan for All • Agenda Item 12 115