City Council Meeting — Los Angeles, CA
Date: 2023-06-20
Time: 10:00

Please Note That This Agenda Includes a Call​­in Option for Public Comment.
Public Comment Will Thus Be Taken Both In​­Person in the Council Chamber
And Also via Teleconference. Instructions for the Public to Listen to and Offer
 Remote Public Comment at the Meeting Appear on Page 2 of this Agenda.

 AGENDA
 LOS ANGELES CITY
 COUNCIL
 Tuesday, June 20, 2023

 10:00 AM
 JOHN FERRARO COUNCIL CHAMBER
 ROOM 340, CITY HALL
 200 NORTH SPRING STREET, LOS
 ANGELES, CA 90012

 Submit written comment at
 LACouncilComment.com

 President EUNISSES HERNANDEZ, First District
 PAUL KREKORIAN, Second District NITHYA RAMAN, Fourth District
 KATY YAROSLAVSKY, Fifth District
 President Pro Tempore VACANT, Sixth District
 VACANT MONICA RODRIGUEZ, Seventh District
 MARQUEECE HARRIS­DAWSON, Eighth District
 Assistant President Pro Tempore CURREN D. PRICE, JR., Ninth District
 BOB BLUMENFIELD, Third District HEATHER HUTT, Tenth District
 TRACI PARK, Eleventh District
 JOHN S. LEE, Twelfth District
 HUGO SOTO­MARTÍNEZ, Thirteenth District
 KEVIN DE LEÓN, Fourteenth District
 TIM MCOSKER, Fifteenth District
PUBLIC COMMENT AND LIVE BROADCAST


The Council meetings will be broadcast live on Cable Television Channel 35, on the internet at
https://clerk.lacity.gov/calendar, and on YouTube. The live audio of the hearing will be available via telephone at: (213) 621­
CITY (Metro), (818) 904­9450 (Valley), (310) 471­CITY (Westside), and (310) 547­CITY (San Pedro Area). If the live video or
audio is unavailable via one of these channels, members of the public should try another channel.

 Tuesday - June 20, 2023 -
The City Council will take public comment from members of the public in the Council chamber and also by
 PAGE 1
teleconference. Members of the public who wish to offer public comment to the Council via teleconference
 JOHN S. LEE, Twelfth District
 HUGO SOTO­MARTÍNEZ, Thirteenth District
 KEVIN DE LEÓN, Fourteenth District
 TIM MCOSKER, Fifteenth District
PUBLIC COMMENT AND LIVE BROADCAST


The Council meetings will be broadcast live on Cable Television Channel 35, on the internet at
https://clerk.lacity.gov/calendar, and on YouTube. The live audio of the hearing will be available via telephone at: (213) 621­
CITY (Metro), (818) 904­9450 (Valley), (310) 471­CITY (Westside), and (310) 547­CITY (San Pedro Area). If the live video or
audio is unavailable via one of these channels, members of the public should try another channel.


The City Council will take public comment from members of the public in the Council chamber and also by
teleconference. Members of the public who wish to offer public comment to the Council via teleconference
should call 1 669 254 5252 and use Meeting ID No. 160 535 8466 and then press #. Press # again when prompted
for participant ID. Once admitted into the meeting, press *9 to request to speak.


Written public comment may be submitted at LACouncilComment.com.


Requests for reasonable modification or accommodation from individuals with disabilities, consistent with the Americans
with Disabilities Act can be made by contacting the City Clerk's Office at (213) 978­1133. For Telecommunication Relay
Services for the hearing impaired, please see the information below.


Telecommunication Relay Services


Telephone communication is one of the most important forms of communication in society today. Due to advancements in
technology, telephone devices have evolved with new services and capabilities. Individuals who are deaf and hard of hearing,
and individuals with a speech disability are following these trends and are rapidly migrating to more advanced
telecommunications methods, both for peer­to­peer and third­party telecommunications relay service (TRS)
communications. Telecommunications Relay Service is a telephone service that allows persons with hearing or speech
disabilities to place and receive telephone calls. TRS is available in all 50 states, the District of Columbia, Puerto Rico and
the U.S. territories for local and/or long distance calls. TRS providers ­ generally telephone companies ­ are compensated
for the costs of providing TRS from either a state or a federal fund. There is no cost to the TRS user.


What forms of TRS are available? There are several forms of TRS, depending on the particular needs of the user and the
equipment available: TRS includes: Text to Voice TIY­Based TRS; Speech­to­Speech Relay Service; Shared Non­English
Language Relay Service; Captioned Telephone Relay Service; Internet Protocol Relay Service; and Video Relay Service.
Please visit this site for detail descriptions, https://www.fcc.gov/consumers/guides/telecommunications­relay­service­trs.


Don't hang up! Some people hang up on TRS calls because they think the CA is a telemarketer. If you hear, "Hello. This is
the relay service .. . " when you pick up the phone, please don't hang up! You are about to talk, through a TRS provider, to a
person who is deaf, hard­of­hearing, or has a speech disability.


For more information about FCC programs to promote access to telecommunications services for people with disabilities,
visit the FCC's Disability Rights Office website.


SE OFRECE UN SERVICIO DE TRADUCCION AL ESPANOL EN TODAS LAS REUNIONES DEL CONSEJO MUNICIPAL
 BASIC CITY COUNCIL MEETING RULES


AGENDAS ­ The City Council meets Tuesday, Wednesday and Friday at 10:00 A.M. The agendas for City Council meetings
contain a brief general description of those items to be considered at the meetings. Council Agendas are available in the
Office of the City Clerk, Council and Public Services Division, Room 395, City Hall, 200 North Spring Street, Los Angeles,
CA 90012, and on the City's website at lacity.gov or lacouncilcalendar.com.


Ten (10) members of the Council constitute a quorum for the transaction of business. The Council may consider an item not
listed on the agenda only if it is determined by a two­thirds (10) vote that the need for action arose after the posting of an
Agenda. Some Tuesday
 items on the agenda may be approved  - June  20, any
 without  2023 -
 discussion, however, any item mayPAGEbe 2called "special"
by a Councilmember. If an item is called "special" it will be "held" until the remainder of the items on the Council agenda
For more information about FCC programs to promote access to telecommunications services for people with disabilities,
visit the FCC's Disability Rights Office website.


SE OFRECE UN SERVICIO DE TRADUCCION AL ESPANOL EN TODAS LAS REUNIONES DEL CONSEJO MUNICIPAL
 BASIC CITY COUNCIL MEETING RULES


AGENDAS ­ The City Council meets Tuesday, Wednesday and Friday at 10:00 A.M. The agendas for City Council meetings
contain a brief general description of those items to be considered at the meetings. Council Agendas are available in the
Office of the City Clerk, Council and Public Services Division, Room 395, City Hall, 200 North Spring Street, Los Angeles,
CA 90012, and on the City's website at lacity.gov or lacouncilcalendar.com.


Ten (10) members of the Council constitute a quorum for the transaction of business. The Council may consider an item not
listed on the agenda only if it is determined by a two­thirds (10) vote that the need for action arose after the posting of an
Agenda. Some items on the agenda may be approved without any discussion, however, any item may be called "special"
by a Councilmember. If an item is called "special" it will be "held" until the remainder of the items on the Council agenda
have been acted on by the Council. An item may also be called "special" if a member of the public has requested to speak
on the item and a public hearing was not previously held.


The City Clerk will announce the items to be considered by the Council, however items will be grouped. For example, all
items for which required public hearings have not previously been held are listed in one section on the printed agenda. The
Council President will ask if any Councilmember or member or the public wishes to speak on one or more of these items. If
anyone wishes to speak on an item, it will be called "special". The remaining items in this section will be voted on by
Council with one roll call vote.


PUBLIC INPUT AT CITY COUNCIL MEETINGS ­ An opportunity for the public to address the Council on agenda items for
which public hearings have not been held will be provided at the time the item is considered or during the Multiple Agenda
Item Comment period. Members of the public who wish to speak on items shall be allowed to speak for up to one minute
per item up to a total of three minutes per meeting. The Council has determined that a cumulative total of 20 minutes is a
reasonable minimum amount of time for the Multiple Agenda Item segment of each regular meeting.


The Council will also provide an opportunity for the public to speak on public interest items. Each speaker shall be limited to
one minute of general public comment each regular meeting for a cumulative total of ten (10) minutes. The Council shall not
discuss or take action relative to any general public comment.


If you wish to provide documents to the full Council for consideration on an item, please present the Sergeant­At­Arms with
35 copies. Otherwise, your materials will simply be added to the official record.


COUNCIL DISCUSSION AND TIME LIMITS ­ Councilmembers requesting to address the Council will be recognized by the
Council President in the order requested. For any item, the Chairperson of the Committee, or the maker of the original
motion, or the member calling a matter "special" shall have up to six (6) minutes to discuss the item. All other
Councilmembers may speak up to three (3) minutes each on the matter. After all members desiring to speak on a question
have had an opportunity to be heard once, the time for each Member desiring to speak again shall be limited to a maximum
of three (3) minutes.


A motion calling the "previous question" may be introduced by any member during a Council debate. If adopted, this motion
will terminate debate on a matter and the Chair will instruct the Clerk to call the roll on the matter.


VOTING AND DISPOSITION OF ITEMS ­ Most items require a majority vote of the entire membership of the Council (8
members). Items which have not been discussed in a Council Committee and have been placed directly on the agenda will
require 10 votes to consider. Once considered, these items will normally require eight (8) affirmative votes to be adopted.
Ordinances require a unanimous vote (at least 12 members must be present) in order to be adopted on first consideration. If
an ordinance does not receive the necessary unanimous vote, it is laid over one calendar week. The votes required for
approval on second consideration vary and depend upon the type of ordinance, but a typical ordinance requires eight (8)
affirmative votes upon second consideration.


NOTICE TO PAID REPRESENTATIVES ­ If you are compensated to monitor, attend, or speak at this meeting, City law may
require you to register as a lobbyist and report your activity. See Los Angeles Municipal Code 48.01 et seq. More
 Tuesday - June 20, 2023 - PAGE 3
information is available at ethics.lacity.org/lobbying. For assistance, please contact the Ethics Commission at (213) 978­
1960 or ethics.commission@lacity.org.
will terminate debate on a matter and the Chair will instruct the Clerk to call the roll on the matter.


VOTING AND DISPOSITION OF ITEMS ­ Most items require a majority vote of the entire membership of the Council (8
members). Items which have not been discussed in a Council Committee and have been placed directly on the agenda will
require 10 votes to consider. Once considered, these items will normally require eight (8) affirmative votes to be adopted.
Ordinances require a unanimous vote (at least 12 members must be present) in order to be adopted on first consideration. If
an ordinance does not receive the necessary unanimous vote, it is laid over one calendar week. The votes required for
approval on second consideration vary and depend upon the type of ordinance, but a typical ordinance requires eight (8)
affirmative votes upon second consideration.


NOTICE TO PAID REPRESENTATIVES ­ If you are compensated to monitor, attend, or speak at this meeting, City law may
require you to register as a lobbyist and report your activity. See Los Angeles Municipal Code 48.01 et seq. More
information is available at ethics.lacity.org/lobbying. For assistance, please contact the Ethics Commission at (213) 978­
1960 or ethics.commission@lacity.org.


COUNCIL DISCUSSION AND TIME LIMITS ­ Councilmembers requesting to address the Council will be recognized by the
Council President in the order requested. For any item, the Chairperson of the Committee, or the maker of the original
motion, or the member calling a matter "special" shall have up to six (6) minutes to discuss the item. All other
Councilmembers may speak up to three (3) minutes each on the matter. After all members desiring to speak on a question
have had an opportunity to be heard once, the time for each Member desiring to speak again shall be limited to a maximum
of three (3) minutes.


A motion calling the "previous question" may be introduced by any member during a Council debate. If adopted, this motion
will terminate debate on a matter and the Chair will instruct the Clerk to call the roll on the matter.


VOTING AND DISPOSITION OF ITEMS ­ Most items require a majority vote of the entire membership of the Council (8
members). Items which have not been discussed in a Council Committee and have been placed directly on the agenda will
require 10 votes to consider. Once considered, these items will normally require eight (8) affirmative votes to be adopted.
Ordinances require a unanimous vote (at least 12 members must be present) in order to be adopted on first consideration. If
an ordinance does not receive the necessary unanimous vote, it is laid over one calendar week. The votes required for
approval on second consideration vary and depend upon the type of ordinance, but a typical ordinance requires eight (8)
affirmative votes upon second consideration.


When debate on an item is completed, the Chair will instruct the Clerk to "call the roll". Every member present must vote for
or against each item; abstentions are not permitted. The Clerk will announce the votes on each item. Any member of
Council may move to "reconsider" any vote on any item on the agenda, except to adjourn, suspend the Rules, or where an
intervening event has deprived the Council of jurisdiction, providing that said member originally voted on the prevailing side of
the item. The motion to "reconsider" shall only be in order once during the meeting, and once during the next regular
meeting. The member requesting reconsideration shall identify for all members present the agenda number, Council file
number and subject matter previously voted upon. A motion to reconsider is not debatable and shall require an affirmative
vote of eight (8) members of the Council.


When the Council has failed by sufficient votes to approve or reject an item, and has not lost jurisdiction over the matter, or
has not caused it to be continued beyond the next regular meeting, the item is continued to the next regular meeting for the
purpose of allowing the Council to again vote on the matter.


The City Council rules provide that all items adopted by the Council will not be presented to the Mayor, or other designated
officer by the City Clerk until the adjournment of the regular Council meeting following the date of the Council action. A
motion to send an item "forthwith" if adopted by ten (10) votes, suspends these rules and requires the City Clerk to forward
the matter to the Mayor, or other officer, without delay.


When debate on an item is completed, the Chair will instruct the Clerk to "call the roll". Every member present must vote for
or against each item; abstentions are not permitted. The Clerk will announce the votes on each item. Any member of
Council may move to "reconsider" any vote on any item on the agenda, except to adjourn, suspend the Rules, or where an
intervening event has deprived the Council of jurisdiction, providing that said member originally voted on the prevailing side of
the item. The motion to "reconsider" shall only be in order once during the meeting, and once during the next regular
meeting. The member requesting reconsideration shall identify for all members present the agenda number, Council file
number and subject matter previously voted upon. A motion to reconsider is not debatable and shall require an affirmative
vote of eight (8) members of the Council.

 Tuesday - June 20, 2023 - PAGE 4
When the Council has failed by sufficient votes to approve or reject an item, and has not lost jurisdiction over the matter, or
motion to send an item "forthwith" if adopted by ten (10) votes, suspends these rules and requires the City Clerk to forward
the matter to the Mayor, or other officer, without delay.


When debate on an item is completed, the Chair will instruct the Clerk to "call the roll". Every member present must vote for
or against each item; abstentions are not permitted. The Clerk will announce the votes on each item. Any member of
Council may move to "reconsider" any vote on any item on the agenda, except to adjourn, suspend the Rules, or where an
intervening event has deprived the Council of jurisdiction, providing that said member originally voted on the prevailing side of
the item. The motion to "reconsider" shall only be in order once during the meeting, and once during the next regular
meeting. The member requesting reconsideration shall identify for all members present the agenda number, Council file
number and subject matter previously voted upon. A motion to reconsider is not debatable and shall require an affirmative
vote of eight (8) members of the Council.


When the Council has failed by sufficient votes to approve or reject an item, and has not lost jurisdiction over the matter, or
has not caused it to be continued beyond the next regular meeting, the item is continued to the next regular meeting for the
purpose of allowing the Council to again vote on the matter.


The City Council rules provide that all items adopted by the Council will not be presented to the Mayor, or other designated
officer by the City Clerk until the adjournment of the regular Council meeting following the date of the Council action. A
motion to send an item "forthwith" if adopted by ten (10) votes, suspends these rules and requires the City Clerk to forward
the matter to the Mayor, or other officer, without delay.


RULE 16 MOTIONS ­ Council Rule No. 16, in part, allows a member to send an item directly to the Council without it having
to go to a Council Committee first, by giving the City Clerk a motion (seconded by an additional member) during a Council
session to be placed on the next regular available Council agenda.
Los Angeles City Council Agenda

Tuesday, June 20, 2023

JOHN FERRARO COUNCIL CHAMBER ROOM 340, CITY HALL 200 NORTH SPRING STREET,
LOS ANGELES, CA 90012 ­ 10:00 AM
Roll Call


Approval of the Minutes


Commendatory Resolutions, Introductions and Presentations


Multiple Agenda Item Comment


Public Testimony of Non­agenda Items Within Jurisdiction of Council


Items Noticed for Public Hearing

(1) 23­0391
 CD 14 HEARING OF PROTESTS relative to the establishment of the Arts District
 Los Angeles Business Improvement District, pursuant to Section 53753 of
 the California Government Code, Section 36600 et seq. of the California
 Streets and Highways Code and Article XIII D of the California Constitution.

 Community Impact Statement: None submitted.

 (Pursuant to Council adoption of Ordinance No. 187821 on April 25,
 2023. The tabulation of ballots shall take place in Room 223 of City
 Tuesday - June 20, 2023 - PAGE 5
 Hall immediately following the close of the hearing and will be
motion to send an item "forthwith" if adopted by ten (10) votes, suspends these rules and requires the City Clerk to forward
the matter to the Mayor, or other officer, without delay.


RULE 16 MOTIONS ­ Council Rule No. 16, in part, allows a member to send an item directly to the Council without it having
to go to a Council Committee first, by giving the City Clerk a motion (seconded by an additional member) during a Council
session to be placed on the next regular available Council agenda.
Los Angeles City Council Agenda

Tuesday, June 20, 2023

JOHN FERRARO COUNCIL CHAMBER ROOM 340, CITY HALL 200 NORTH SPRING STREET,
LOS ANGELES, CA 90012 ­ 10:00 AM
Roll Call


Approval of the Minutes


Commendatory Resolutions, Introductions and Presentations


Multiple Agenda Item Comment


Public Testimony of Non­agenda Items Within Jurisdiction of Council


Items Noticed for Public Hearing

(1) 23­0391
 CD 14 HEARING OF PROTESTS relative to the establishment of the Arts District
 Los Angeles Business Improvement District, pursuant to Section 53753 of
 the California Government Code, Section 36600 et seq. of the California
 Streets and Highways Code and Article XIII D of the California Constitution.

 Community Impact Statement: None submitted.

 (Pursuant to Council adoption of Ordinance No. 187821 on April 25,
 2023. The tabulation of ballots shall take place in Room 223 of City
 Hall immediately following the close of the hearing and will be
 publicly live streamed. For directions to access the live stream, visit
 clerk.lacity.org/bids. Public announcement of the tabulation of
 ballots is on Wednesday, June 28, 2023)



(2) 23­0900­S12
 CD 13 HEAR PROTESTS against the proposed improvement and maintenance
 of the New Hampshire and Fountain Avenues Street Lighting District, in
 accordance with Sections 6.95­6.127 of the Los Angeles Administrative
 Code and Proposition 218.

 (Pursuant to Council adoption of Ordinance of Intention on April
 18, 2023. The tabulation of ballots shall take place in Space 300 of
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 Tuesday live­streamed.- To
 June 20, 2023
 access  the -live stream, join Zoom PAGE  6 ID: 953
 Meeting
(2) 23­0900­S12
 CD 13 HEAR PROTESTS against the proposed improvement and maintenance
 of the New Hampshire and Fountain Avenues Street Lighting District, in
 accordance with Sections 6.95­6.127 of the Los Angeles Administrative
 Code and Proposition 218.

 (Pursuant to Council adoption of Ordinance of Intention on April
 18, 2023. The tabulation of ballots shall take place in Space 300 of
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 live­streamed. To access the live stream, join Zoom Meeting ID: 953
 8628 4393, Passcode: prop218. Public announcement of the
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(3) 23­0900­S13
 CD 12 HEAR PROTESTS against the proposed improvement and maintenance
 of the Topanga Canyon Boulevard and Chatsworth Street No. 2 Street
 Lighting District, in accordance with Sections 6.95­6.127 of the Los
 Angeles Administrative Code and Proposition 218.

 (Pursuant to Council adoption of Ordinance of Intention on April
 18, 2023. The tabulation of ballots shall take place in Space 300 of
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 live­streamed. To access the live stream, join Zoom Meeting ID: 953
 8628 4393, Passcode: prop218. Public announcement of the
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(4) 23­0900­S14
 CD 9 HEAR PROTESTS against the proposed improvement and maintenance
 of the South Park No. 1 Street Lighting District, in accordance with
 Sections 6.95­6.127 of the Los Angeles Administrative Code and
 Proposition 218.

 (Pursuant to Council adoption of Ordinance of Intention on April
 18, 2023. The tabulation of ballots shall take place in Space 300 of
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 live­streamed. To access the live stream, join Zoom Meeting ID: 953
 8628 4393, Passcode: prop218. Public announcement of the
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(5) 23­0900­S15
 CD 7 HEAR PROTESTS against the proposed improvement and maintenance
 of the Sharp Avenue and Chamberlain Street Lighting District, in
 accordance with Sections 6.95­6.127 of the Los Angeles Administrative
 Code and Proposition 218.

 Tuesday - June 20,
 (Pursuant to Council 2023 - of Ordinance of Intention
 adoption PAGE on7 April
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(5) 23­0900­S15
 CD 7 HEAR PROTESTS against the proposed improvement and maintenance
 of the Sharp Avenue and Chamberlain Street Lighting District, in
 accordance with Sections 6.95­6.127 of the Los Angeles Administrative
 Code and Proposition 218.

 (Pursuant to Council adoption of Ordinance of Intention on April
 18, 2023. The tabulation of ballots shall take place in Space 300 of
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 live­streamed. To access the live stream, join Zoom Meeting ID: 953
 8628 4393, Passcode: prop218. Public announcement of the
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(6) 23­0900­S16
 CD 13 HEAR PROTESTS against the proposed improvement and maintenance
 of the Coronado Street and Berkeley Avenue Street Lighting District, in
 accordance with Sections 6.95­6.127 of the Los Angeles Administrative
 Code and Proposition 218.

 (Pursuant to Council adoption of Ordinance of Intention on April
 18, 2023. The tabulation of ballots shall take place in Space 300 of
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 live­streamed. To access the live stream, join Zoom Meeting ID: 953
 8628 4393, Passcode: prop218. Public announcement of the
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(7) 23­0900­S17
 CD 13 HEAR PROTESTS against the proposed improvement and maintenance
 of the Mohawk Street and Montana Street No. 1 Street Lighting District, in
 accordance with Sections 6.95­6.127 of the Los Angeles Administrative
 Code and Proposition 218.

 (Pursuant to Council adoption of Ordinance of Intention on April
 18, 2023. The tabulation of ballots shall take place in Space 300 of
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 live­streamed. To access the live stream, join Zoom Meeting ID: 953
 8628 4393, Passcode: prop218. Public announcement of the
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(8) 23­0900­S18
 CD 7, CD 10 HEAR PROTESTS against the proposed improvement and maintenance
 of the La Cienega and Jefferson Boulevards Street Lighting District, in
 Tuesday - June
 accordance with 20, 2023 -
 Sections PAGE 8
 6.95­6.127 of the Los Angeles Administrative
 Code and Proposition 218.
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 live­streamed. To access the live stream, join Zoom Meeting ID: 953
 8628 4393, Passcode: prop218. Public announcement of the
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(8) 23­0900­S18
 CD 7, CD 10 HEAR PROTESTS against the proposed improvement and maintenance
 of the La Cienega and Jefferson Boulevards Street Lighting District, in
 accordance with Sections 6.95­6.127 of the Los Angeles Administrative
 Code and Proposition 218.

 (Pursuant to Council adoption of Ordinance of Intention on April
 18, 2023. The tabulation of ballots shall take place in Space 300 of
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 live­streamed. To access the live stream, join Zoom Meeting ID: 953
 8628 4393, Passcode: prop218. Public announcement of the
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(9) 23­0900­S19
 CD 13 HEAR PROTESTS against the proposed improvement and maintenance
 of the Normal and Virgil Avenues Street Lighting District, in accordance
 with Sections 6.95­6.127 of the Los Angeles Administrative Code and
 Proposition 218.

 (Pursuant to Council adoption of Ordinance of Intention on April
 18, 2023. The tabulation of ballots shall take place in Space 300 of
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 live­streamed. To access the live stream, join Zoom Meeting ID: 953
 8628 4393, Passcode: prop218. Public announcement of the
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(10) 23­0900­S20
 CD 5 HEAR PROTESTS against the proposed improvement and maintenance
 of the Gayley Avenue and Lindbrook Drive Street Lighting District, in
 accordance with Sections 6.95­6.127 of the Los Angeles Administrative
 Code and Proposition 218.

 (Pursuant to Council adoption of Ordinance of Intention on April
 18, 2023. The tabulation of ballots shall take place in Space 300 of
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 live­streamed. To access the live stream, join Zoom Meeting ID: 953
 8628 4393, Passcode: prop218. Public announcement of the
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(11) Tuesday
 23­0900­S21 - June 20, 2023 - PAGE 9
 CD 11 HEAR PROTESTS against the proposed improvement and maintenance
 (Pursuant to Council adoption of Ordinance of Intention on April
 18, 2023. The tabulation of ballots shall take place in Space 300 of
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 live­streamed. To access the live stream, join Zoom Meeting ID: 953
 8628 4393, Passcode: prop218. Public announcement of the
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(11) 23­0900­S21
 CD 11 HEAR PROTESTS against the proposed improvement and maintenance
 of the 94th Street and Jetway Boulevard Street Lighting District, in
 accordance with Sections 6.95­6.127 of the Los Angeles Administrative
 Code and Proposition 218.

 (Pursuant to Council adoption of Ordinance of Intention on April
 18, 2023. The tabulation of ballots shall take place in Space 300 of
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 live­streamed. To access the live stream, join Zoom Meeting ID: 953
 8628 4393, Passcode: prop218. Public announcement of the
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(12) 23­0900­S22
 CD 2 HEAR PROTESTS against the proposed improvement and maintenance
 of the Chandler Boulevard and Wilkinson Avenue No. 1 Street Lighting
 District, in accordance with Sections 6.95­6.127 of the Los Angeles
 Administrative Code and Proposition 218.

 (Pursuant to Council adoption of Ordinance of Intention on April
 18, 2023. The tabulation of ballots shall take place in Space 300 of
 555 Ramirez Street on June 21, 2023 at 10 a.m. and will be publicly
 live­streamed. To access the live stream, join Zoom Meeting ID: 953
 8628 4393, Passcode: prop218. Public announcement of the
 results from the tabulation of ballots and consideration of the Final
 Ordinance will take place at Council on August 8, 2023)


(13) 23­0549
 HEARING PROTESTS and ORDINANCE FIRST CONSIDERATION
 relative to the proposed maintenance and operation of the annual
 assessment of the 1996­97 Z­Series Street Lighting Maintenance
 Assessment District for 2023­24.

 Recommendations for Council action, SUBJECT TO THE APPROVAL
 OF THE MAYOR:

 1. HEAR PROTESTS against the proposed maintenance and
 operation of the annual assessment for the 1996­97 Z­Series Street
 Lighting Maintenance Assessment District for 2023­24.
 Tuesday - June 20, 2023 - PAGE 10
 relative to the proposed maintenance and operation of the annual
 assessment of the 1996­97 Z­Series Street Lighting Maintenance
 Assessment District for 2023­24.

 Recommendations for Council action, SUBJECT TO THE APPROVAL
 OF THE MAYOR:

 1. HEAR PROTESTS against the proposed maintenance and
 operation of the annual assessment for the 1996­97 Z­Series Street
 Lighting Maintenance Assessment District for 2023­24.


 2. PRESENT and ADOPT the accompanying ORDINANCE, if protests
 denied and assessment confirmed, in accordance with Section
 6.95­6.127 of the Los Angeles Administrative Code, for the
 proposed maintenance and operation of the annual assessment of
 the 1996­97 Z­Series Street Lighting Maintenance Assessment
 District for 2023­24.


 (Ordinance of Intention adopted on May 30, 2023)


(14) 23­0544
 HEARING PROTESTS and ORDINANCE FIRST CONSIDERATION
 relative to the proposed maintenance and operation of the annual
 assessment of the Fiscal Year 2023­24 Los Angeles City Lighting District.

 Recommendations for Council action, SUBJECT TO THE APPROVAL
 OF THE MAYOR:

 1. HEAR PROTESTS against the proposed maintenance and
 operation of the annual assessment of the Fiscal Year 2023­24 Los
 Angeles City Lighting District.


 2. PRESENT and ADOPT the accompanying ORDINANCE, if protests
 denied and assessment confirmed, in accordance with Section
 6.95­6.127 of the Los Angeles Administrative Code.


 (Ordinance of Intention adopted on May 30, 2023)


(15) 23­0532
 HEARING PROTESTS and ORDINANCES FIRST CONSIDERATION
 relative to the proposed maintenance and operation of the annual
 assessment of the 2023­24 Proposition 218 Confirmed Street Lighting
 Maintenance Assessment District.

 Recommendations for Council action, SUBJECT TO THE APPROVAL
 OF THE MAYOR:

 Tuesday 1. HEAR PROTESTS against
 - June 20, 2023  - the proposed maintenance
 PAGE 11 and
 operation of the annual assessment of the 2023­24 Proposition 218
(15) 23­0532
 HEARING PROTESTS and ORDINANCES FIRST CONSIDERATION
 relative to the proposed maintenance and operation of the annual
 assessment of the 2023­24 Proposition 218 Confirmed Street Lighting
 Maintenance Assessment District.

 Recommendations for Council action, SUBJECT TO THE APPROVAL
 OF THE MAYOR:

 1. HEAR PROTESTS against the proposed maintenance and
 operation of the annual assessment of the 2023­24 Proposition 218
 Confirmed Street Lighting Maintenance Assessment District.


 2. PRESENT and ADOPT the accompanying ORDINANCE, if protest
 denied and assessment confirmed, in accordance with Section
 6.95­6.127 of the Los Angeles Administrative Code, for the
 proposed maintenance and operation of the annual assessment of
 the 2023­24 Proposition 218 Confirmed Street Lighting
 Maintenance Assessment District ­ Benefiting Footing Method.


 3. PRESENT and ADOPT the accompanying ORDINANCE, if protest
 denied and assessment confirmed, in accordance with Section
 6.95­6.127 of the Los Angeles Administrative Code, for the
 proposed maintenance and operation of the annual assessment of
 the 2023­24 Proposition 218 Confirmed Street Lighting
 Maintenance Assessment District ­ Land Use Method.


 (Ordinance of Intention adopted on May 30, 2023)



Items for which Public Hearings Have Been Held

(16) 23­0571
 PUBLIC SAFETY COMMITTEE REPORT relative to the Narcotics Analysis
 Laboratory Trust Fund Expenditure Budget for Fiscal Year (FY) 2023­24.

 Recommendations for Council action, SUBJECT TO THE APPROVAL
 OF THE MAYOR:


 1. AUTHORIZE the Controller to establish appropriation accounts
 within Fund No. 863/70 as follows:

 Account Title Amount
 TBD Toxicology and Narcotics Analyses $5,000
 TBD Training and Travel $80,000


 Tuesday - June 20, 2023 - PAGE 12
 2. AUTHORIZE the Los Angeles Police Department to prepare
 1. AUTHORIZE the Controller to establish appropriation accounts
 within Fund No. 863/70 as follows:

 Account Title Amount
 TBD Toxicology and Narcotics Analyses $5,000
 TBD Training and Travel $80,000



 2. AUTHORIZE the Los Angeles Police Department to prepare
 Controller instructions for any technical adjustments, subject to the
 approval of the City Administrative Officer (CAO); and, AUTHORIZE
 the Controller to implement the instructions.


 3. AUTHORIZE the Controller to re­appropriate funds from Fund No.
 863/70, Account Nos. 70T170 and 70V170 to Fund No. 100/70,
 account to be determined, for FY 2023­24 by an amount not to
 exceed $124,000.


 Fiscal Impact Statement: None submitted by the Board of Police
 Commissioners. Neither the CAO nor the Chief Legislative Analyst has
 completed a financial analysis of this report.

 Community Impact Statement: None submitted


(17) 23­0533
 PUBLIC SAFETY COMMITTEE REPORT relative to a donation of five
 ultrasound machines, valued at $19,241.25, to the Los Angeles Fire
 Department’s (LAFD) Advanced Provider Response Units from the LAFD
 Foundation.

 Recommendation for Council action:
 APPROVE the acceptance of a donation of five ultrasound machines,
 valued at $19,241.25, to the LAFD’s Advanced Provider Response Units
 from the LAFD Foundation; and, THANK the donor for this generous
 donation.


 Fiscal Impact Statement: The Board of Fire Commissioners reports that
 there is no fiscal impact on the LAFD's budget from the acceptance of this
 donation. Donations provide the necessary items to meet the needs of the
 respective fire stations or administration sections. Replacement or repair
 of items meeting City specifications and LAFD business needs may be
 borne by General Fund, subject to budgetary constraints.

 Community Impact Statement: None submitted
 Tuesday - June 20, 2023 - PAGE 13
 Fiscal Impact Statement: The Board of Fire Commissioners reports that
 there is no fiscal impact on the LAFD's budget from the acceptance of this
 donation. Donations provide the necessary items to meet the needs of the
 respective fire stations or administration sections. Replacement or repair
 of items meeting City specifications and LAFD business needs may be
 borne by General Fund, subject to budgetary constraints.

 Community Impact Statement: None submitted


(18) 23­0184
 PUBLIC SAFETY COMMITTEE REPORT relative to the 2022 Internet
 Crimes Against Children (ICAC) Program grant award from the California
 Governor’s Office of Emergency Services (CalOES).

 Recommendations for Council action, SUBJECT TO THE APPROVAL
 OF THE MAYOR:


 1. AUTHORIZE the Chief of Police, Los Angeles Police Department
 (LAPD), or designee, to:

 a. Retroactively apply for and accept the grant award for the
 ICAC Program in the amount of $950,000 for the period of
 January 1, 2023 through December 31, 2023, from
 the CalOES.


 b. Negotiate and execute the grant award agreement, subject to
 City Attorney approval as to form.


 c. Negotiate and execute either new agreements or to amend
 any agreements with affiliate task force agencies, subject to
 the approval of the City Attorney as to form.


 d. Negotiate and execute a new contract or amend the existing
 Professional Services Agreement for a Task Force
 Coordinator for a sum not to exceed $85,068, subject to the
 approval of the City Attorney as to form.


 2. AUTHORIZE the LAPD to:

 a. Spend up to the total grant amount of $950,000 in accordance
 with the grant award agreement.


 b. Submit grant reimbursement requests to the grantor and
 deposit grant receipts in the LAPD Grant Fund No. 339/70.


 c. Prepare Controller instructions for any technical adjustments
 Tuesday as -necessary
 June 20, 2023  -
 to implement PAGE 14
 Mayor and Council intentions,
 subject to the approval of the City Administrative Officer
 2. AUTHORIZE the LAPD to:

 a. Spend up to the total grant amount of $950,000 in accordance
 with the grant award agreement.


 b. Submit grant reimbursement requests to the grantor and
 deposit grant receipts in the LAPD Grant Fund No. 339/70.


 c. Prepare Controller instructions for any technical adjustments
 as necessary to implement Mayor and Council intentions,
 subject to the approval of the City Administrative Officer
 (CAO); and, AUTHORIZE the Controller to implement the
 instructions.


 3. AUTHORIZE the Controller to:

 a. Establish a grant receivable and appropriate $950,000 to an
 appropriation account to be determined, within Fund No.
 339/70, for the receipt and disbursement of the CalOES
 Fiscal Year (FY) 2022 ICAC Program in accordance with the
 grant award agreement.


 b. Increase appropriations in the amount of $122,066, for the
 CalOES FY 2022 ICAC Program, as­needed from
 appropriation account number to be determined (TBD), in
 Fund No. 339/70, to Fund No. 100/70, account number and
 amount as follows:

 Account Title Amount
 001090 Civilian Overtime $10,000
 001092 Sworn Overtime 100,000
 TBD Related Costs 12,066
 Total: $122,066



 4. INSTRUCT the City Clerk to place on the Council Calendar on
 July 1, 2023 or the first meeting day thereafter, the following
 action relative to the CalOES FY 2022 ICAC Program:

 That the City Council, subject to the approval of the Mayor, authorize
 the Controller to transfer $93,189 in appropriations from Fund No.
 339/70, account number to be determined, to Fund No. 100/70,
 account numbers and amounts as follows:

 Account Title Amount
 001090 Civilian Overtime $7,187
 001092 Sworn Overtime 76,770
 TBD Related Costs 9,232
 Total: $93,189
Tuesday - June 20, 2023 - PAGE 15
 That the City Council, subject to the approval of the Mayor, authorize
 the Controller to transfer $93,189 in appropriations from Fund No.
 339/70, account number to be determined, to Fund No. 100/70,
 account numbers and amounts as follows:

 Account Title Amount
 001090 Civilian Overtime $7,187
 001092 Sworn Overtime 76,770
 TBD Related Costs 9,232
 Total: $93,189



 Fiscal Impact Statement: The CAO reports that approval of the
 recommendations within the report will have no additional impact to the
 General Fund and will allow for the expenditure of the 2022 ICAC Program
 grant award of $950,000 from the CalOES. No matching funds are
 required for this grant.

 Financial Policies Statement: The CAO reports that the recommendations
 provided in the report are in compliance with the City’s Financial Policies
 in that one­time grant funding will be utilized for one­time program
 expenditures.

 Community Impact Statement: None submitted


(19) 23­0556
 PUBLIC SAFETY COMMITTEE REPORT relative to increasing the reserve
 officer stipend paid to the Los Angeles Police Department’s (LAPD) Level
 I, II and III reserve officers per deployment period; and drafting an ordinance
 to increase the stipend.

 Recommendations for Council action, pursuant to Motion (Lee ­ Park):


 1. INSTRUCT the Chief Legislative Analyst (CLA) and the Personnel
 Department, in consultation with the LAPD and the City
 Administrative Officer (CAO), to:

 a. Conduct a study in order to determine an appropriate increase
 to the reserve officer stipend paid to the LAPD’s Level I, II and
 III reserve officers per deployment period, with the goal to
 bring the reimbursement in line with the current expenses
 incurred by volunteer officers for transportation, cleaning,
 repair and replacement of their uniforms and equipment.


 b. Conduct a review of the reserve stipend amount on an annual
 basis and make adjustments to the stipend amount as
 necessary.


 Tuesday 2. REQUEST- June 20, 2023
 the City - to prepare a draft ordinance
 Attorney PAGE 16amending
 Los Angeles Administrative Code Sections 22.228.2(a) and
 III reserve officers per deployment period, with the goal to
 bring the reimbursement in line with the current expenses
 incurred by volunteer officers for transportation, cleaning,
 repair and replacement of their uniforms and equipment.


 b. Conduct a review of the reserve stipend amount on an annual
 basis and make adjustments to the stipend amount as
 necessary.


 2. REQUEST the City Attorney to prepare a draft ordinance amending
 Los Angeles Administrative Code Sections 22.228.2(a) and
 22.230(a) to reflect the stipend increase as determined by the
 completion of the above instruction for Level I, II and III reserve
 officers.


 Fiscal Impact Statement: Neither the CAO nor the CLA has completed a
 financial analysis of this report.

 Community Impact Statement: None submitted


(20) 23­1200­S44
 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to
 the reappointment of Anthony Holland to the Innovation and Performance
 Commission.

 Recommendation for Council action:
 RESOLVE that the Mayor’s reappointment of Anthony Holland to the
 Innovation and Performance Commission for the term ending June 30,
 2027, is APPROVED and CONFIRMED. Appointee currently resides in
 Council District 5. (Current Composition: M=6; F=3).
 Financial Disclosure Statement: Filed.




 Community Impact Statement: None submitted

 TIME LIMIT FILE ­ JULY 7, 2023


 (LAST DAY FOR COUNCIL ACTION ­ JULY 5, 2023)


(21) 23­0597
 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to
 a Supplemental City Services Agreement with the United States Golf
 Association (USGA) relating to the U.S. Open Championship event.

 Recommendation for Council action:
 Tuesday - June 20, 2023 - PAGE 17
 APPROVE and AUTHORIZE the City Administrative Officer (CAO) to
 (LAST DAY FOR COUNCIL ACTION ­ JULY 5, 2023)


(21) 23­0597
 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to
 a Supplemental City Services Agreement with the United States Golf
 Association (USGA) relating to the U.S. Open Championship event.

 Recommendation for Council action:
 APPROVE and AUTHORIZE the City Administrative Officer (CAO) to
 execute the proposed Supplemental City Services Agreement between
 the City and USGA, attached to the CAO report dated June 6, 2023,
 attached to the Council file, relating to the 2023 U.S. Open Championship
 Event with estimated compensation of $2,908,680, subject to the
 submission of applicable insurance documents to the CAO’s Risk
 Management Division, and subject to approval as to form by the City
 Attorney.


 Fiscal Impact Statement: The CAO reports that the proposed Agreement
 provides reimbursement of actual costs for supplemental City services
 provided by the City in support of U.S. Open Events. Total General Fund
 revenue is anticipated to be approximately $2,908,680.

 Financial Policies Statement: The CAO additionally reports that as
 compensation is provided to support the actual expenditures for
 departments under the Agreement, the recommendation in the report
 complies with the City’s Financial Policies.

 Community Impact Statement: None submitted


(22) 23­0540
 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to
 the selection of municipal advisors for the City’s various debt programs.

 Recommendations for Council action:

 1. APPROVE the following qualified list of seven firms to provide
 municipal advisory services, as needed, for the City’s various debt
 programs managed by the City Administrative Officer (CAO) for a
 three­year term with two optional one­year extensions:

 a. Fieldman, Rolapp & Associates, Inc.


 b. KNN Public Finance, LLC


 c. Montague DeRose and Associates, LLC

 Tuesday - June 20, 2023 - PAGE 18
 d. Omnicap Group LLC
 programs managed by the City Administrative Officer (CAO) for a
 three­year term with two optional one­year extensions:

 a. Fieldman, Rolapp & Associates, Inc.


 b. KNN Public Finance, LLC


 c. Montague DeRose and Associates, LLC


 d. Omnicap Group LLC


 e. PFM Financial Advisors LLC


 f. Public Resources Advisory Group, Inc.


 g. Urban Futures, Inc.


 2. APPROVE and AUTHORIZE the CAO to negotiate and execute
 contracts with any of the above seven firms, as needed, in an
 aggregate amount not to exceed $4 million over the life of this
 qualified list, to serve as municipal advisors for the City’s various
 debt programs managed by the CAO, subject to the approval of the
 City Attorney as to form.


 Fiscal Impact Statement: The CAO reports that there is no impact on the
 General Fund as a result of the recommendations contained in the report.
 The cost of municipal advisory services for bond transactions in the
 various City debt programs is estimated to be between $20,000 and
 $150,000 per financing transaction, depending on the complexity of the
 financing. Such costs will be funded from bond proceeds upon the
 successful closing of a transaction. Non­bond transaction work will be
 paid from budgeted bond administrative accounts within special funds or
 from funds budgeted in the Capital Finance Administration Fund Budget,
 as appropriate.

 Financial Policies Statement: The CAO reports that the report is in
 compliance with the City’s financial policies.

 Community Impact Statement: None submitted

 TIME LIMIT FILE ­ JULY 17, 2023


 (LAST DAY FOR COUNCIL ACTION ­ JULY 5, 2023)


(23) 23­0038
 Tuesday - June
 HOUSING AND 20, 2023 -
 HOMELESSNESS  and BUDGET,PAGE 19
 FINANCE AND
 Community Impact Statement: None submitted

 TIME LIMIT FILE ­ JULY 17, 2023


 (LAST DAY FOR COUNCIL ACTION ­ JULY 5, 2023)


(23) 23­0038
 HOUSING AND HOMELESSNESS and BUDGET, FINANCE AND
 INNOVATION COMMITTEES’ REPORTS relative to the funding and
 implementation of Measure ULA (United to House LA).

 A. HOUSING AND HOMELESSNESS COMMITTEE REPORT

 Recommendations for Council action, SUBJECT TO THE
 APPROVAL OF THE MAYOR:

 1. AUTHORIZE the Controller to:

 a. Establish a new interest­bearing fund entitled “House
 LA Fund” for the receipt and disbursement of United to
 House LA funds, to be administered by the Los Angeles
 Housing Department (LAHD).


 b. Establish a new appropriation account No. 43WC83 ­
 United to House LA Administration Reserve within the
 Affordable Housing Trust Fund No. 44G/43.


 c. Transfer $500,000.00 within the Affordable Housing
 Trust Fund No. 44G/43 from Account No. 43W411 ­
 Unallocated to the following accounts, which will be
 reimbursed to the Affordable Housing Trust Fund by
 United to House LA funding as part of the Fiscal Year
 2023­24 expenditure plan:

 AccountTitle Amount
 Housing
 43W143 $132,701.25
 Department
 Reimbursement of
 43W299 53,169.61
 General Fund Cost
 United to House LA
 43WC83 Administration 314,129.14
 Reserve
 Total: $500,000.00



 d. Increase appropriations in the amount of $132,701.25
 for the following accounts within the LAHD Fund No.
 Tuesday 100/43:
 - June  20, 2023 - PAGE 20
 General Fund Cost
 United to House LA
 43WC83 Administration 314,129.14
 Reserve
 Total: $500,000.00



 d. Increase appropriations in the amount of $132,701.25
 for the following accounts within the LAHD Fund No.
 100/43:

 Account Title Amount
 001010 Salaries General $80,609.78
 Salaries, As­
 001070 10,000.00
 Needed
 Office and
 006010 30,000.00
 Administrative
 006030 Leasing 12,091.47
 Total: $132,701.25



 e. Expend funds not to exceed $500,000 upon proper
 demand of the General Manager, LAHD, or designee.


 2. AUTHORIZE the General Manager, LAHD, or designee, to
 prepare Controller instructions and make necessary technical
 adjustments consistent with the Mayor and Council actions,
 subject to the approval of the City Administrative Officer
 (CAO); and, REQUEST the Controller to implement these
 instructions.


 3. AUTHORIZE by resolution, subject to allocation by the Board
 of Civil Service Commissioners, the addition of the following
 positions: a. one Senior Housing Planning and Economic
 Analyst (8505­0), b. one Public Information Director I (1800­
 1), c. one Housing Planning and Economic Analyst (8504­
 0), d. one Data Analyst I (1779­1), e. one Public Relations
 Specialist I (1785­1), f. one Graphics Designer I (1670­1);
 subject to pay grade determination by the CAO, Employee
 Relations Division (ERD), for the purpose of initiating the
 creation and implementation process of the United to House
 LA Programs, including the establishment of the House LA
 Citizens Oversight Committee and Tenant Council.


 4. INSTRUCT the LAHD to coordinate with the Personnel
 Department and the CAO’s ERD to establish the appropriate
 classification and related actions for the Inspector General
 role/position.

Tuesday - June
 B. BUDGET, 20, 2023
 FINANCE AND-INNOVATION COMMITTEE
 PAGEREPORT
 21
 Relations Division (ERD), for the purpose of initiating the
 creation and implementation process of the United to House
 LA Programs, including the establishment of the House LA
 Citizens Oversight Committee and Tenant Council.


 4. INSTRUCT the LAHD to coordinate with the Personnel
 Department and the CAO’s ERD to establish the appropriate
 classification and related actions for the Inspector General
 role/position.


 B. BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT

 Recommendations for Council action, SUBJECT TO THE
 APPROVAL OF THE MAYOR:

 1. CONCUR with the April 19, 2023 actions of the Housing and
 Homelessness Committee, as amended, with the following technical
 correction for Recommendation 1a: Establish a new interest­
 bearing fund entitled “House of LA Fund” for the receipt and
 disbursement of United House of LA funds, to be administered by
 the LAHD.

 2. INSTRUCT the CAO to report back on the LA Housing
 Department and ULA Citizens Oversight Committee recommended
 program and implementation guidelines.


 Fiscal Impact Statement: The CAO reports that there is no impact to the
 General Fund as a result of the recommendations in the report. If
 authorized, funding from the Affordable Housing Trust Fund No. 44G will
 be utilized to front­fund the cost of the resources requested to launch
 United to House LA. If the legal challenges are resolved in the City’s favor,
 the Affordable Housing Trust Fund will be reimbursed by United to House
 LA funding as part of the Fiscal Year 2023­24 expenditure plan. If legal
 challenges are not resolved in the City’s favor, the LAHD will absorb the
 ongoing costs of the requested positions within its existing funds on an
 ongoing basis.

 Community Impact Statement: Yes
 For: North Hollywood West Neighborhood Council



(24) 23­0470
 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to
 a request to transfer funds from the Unappropriated Balance for Financial
 Management System user training and report conversion.

 Recommendation for Council action, SUBJECT TO THE APPROVAL OF
 THE MAYOR:

 Tuesday - June 20, 2023 - PAGE 22
 1. T R A N S F E R a n d A P P R O P R I A T E $ 1 , 0 0 0 , 0 0 0 f r o m t h e
(24) 23­0470
 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to
 a request to transfer funds from the Unappropriated Balance for Financial
 Management System user training and report conversion.

 Recommendation for Council action, SUBJECT TO THE APPROVAL OF
 THE MAYOR:


 1. T R A N S F E R a n d A P P R O P R I A T E $ 1 , 0 0 0 , 0 0 0 f r o m t h e
 Unappropriated Balance line item No. 27, FMS Training, Fund No.
 100/58, to Controller Contractual Services Account, Fund No.
 100/26, Account No. 3040.


 2. INSTRUCT the City Clerk to place on the agenda of the first
 regular Council meeting on July 1, 2023, or shortly thereafter,
 the following instruction:

 a. Reappropriate up to $1,000,000 from the unencumbered
 balance within the Controller's Office Contractual
 Services Account, (Fund No. 100/26, Account No.
 003040), in the same amount and into the same account
 as exist on June 30, 2023 to fund the Financial
 Management System Upgrade Training and Report
 Conversion obligations in Fiscal Year 2023­24.



 Fiscal Impact Statement: The Controller reports that the total cost of
 $1,000,000 consists of $750,000 for the training funding and $250,000 for
 the report migration and testing purpose. Approval of these
 recommendations will reduce the Unappropriated Balance by $1 million.

 Community Impact Statement: None submitted


(25) 22­1302­S1
 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to
 authorizing the transfer of funds from the Unappropriated Balance for the
 continued support of the LA Black Worker Center, as part of the Workforce
 Equity Demonstration (WED) Program.

 Recommendations for Council action, SUBJECT TO THE APPROVAL
 OF THE MAYOR:


 1. AUTHORIZE the transfer of funds in the amount of $500,000 from
 the Unappropriated Balance, Fund No. 100/58, Account No.
 580403, Black Workers Center Strong Workforce Equity Program,
 to Fund No. 100/74, Account No. 003040, Contractual Services, for
 Tuesday the continued
 - Junesupport  of the
 20, 2023 - LA Black Worker Center,
 PAGEwhich
 23 carries
 out recruiting, outreach, training under the WED Program.
 Equity Demonstration (WED) Program.

 Recommendations for Council action, SUBJECT TO THE APPROVAL
 OF THE MAYOR:


 1. AUTHORIZE the transfer of funds in the amount of $500,000 from
 the Unappropriated Balance, Fund No. 100/58, Account No.
 580403, Black Workers Center Strong Workforce Equity Program,
 to Fund No. 100/74, Account No. 003040, Contractual Services, for
 the continued support of the LA Black Worker Center, which carries
 out recruiting, outreach, training under the WED Program.


 2. AUTHORIZE the Board of Public Works (BPW), or its Executive
 Officer, to process any technical corrections that may be needed to
 effectuate the intent of the Council.


 3. INSTRUCT the City Clerk to place on the agenda of the first
 regular Council meeting on July 1, 2023, or shortly thereafter,
 The following instructions:

 a. Approve and authorize the Controller to reappropriate
 up to $500,000 within Fund No. 100/ 74, Account No.
 003040, Contractual Services Account, to be used for a
 contract (C­140429) with the LA Black Worker Center.



 Fiscal Impact Statement: T h e B P W r e p o r t s t h a t t h e t r a n s f e r o f
 Unappropriated Balance funds ($500,000) will pay for salary and
 contractual service costs related to the support and implementation of the
 Department of Public Works’ WED Program.

 Community Impact Statement: None submitted


(26) 23­0600­S30
 CD 10 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to
 2023­24 Budget Motion (Hutt­Lee) to add resolution authority without
 funding for eight staff positions related to supplemental tree trimming in
 Council District 10.

 Recommendation for Council action, pursuant to Motion (Hutt – Lee):
 ADD resolution authority without funding for one Tree Surgeon Supervisor
 l, one Equipment Operator, one Heavy Duty Truck Operator, three Tree
 Surgeons, and two Tree Surgeon Assistants for supplemental tree
 trimming in Council District 10, with the understanding that funding will be
 provided from the Council District 10 portion of the Council District
 AB1290 Fund.



 Tuesday Fiscal Impact Statement: Neither
 - June 20, 2023  - the City Administrative
 PAGEOfficer
 24 nor the
 Chief Legislative Analyst has completed a financial analysis of this report.
 Recommendation for Council action, pursuant to Motion (Hutt – Lee):
 ADD resolution authority without funding for one Tree Surgeon Supervisor
 l, one Equipment Operator, one Heavy Duty Truck Operator, three Tree
 Surgeons, and two Tree Surgeon Assistants for supplemental tree
 trimming in Council District 10, with the understanding that funding will be
 provided from the Council District 10 portion of the Council District
 AB1290 Fund.


 Fiscal Impact Statement: Neither the City Administrative Officer nor the
 Chief Legislative Analyst has completed a financial analysis of this report.

 Community Impact Statement: None submitted


(27) 23­0503
 CD 11 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to
 transferring funds from the Capital Improvement Expenditure Program
 Fund to a new account, “Vista Del Mar Emergency Slope Repair”, for the
 stabilization of the roadway near 8054 South Vista Del Mar Lane, Playa
 Del Rey, California, 90293.

 Recommendations for Council action, pursuant to Motion (Park ­
 Blumenfield), SUBJECT TO THE APPROVAL OF THE MAYOR:


 1. ESTABLISH a new capital project entitled “Vista Del Mar
 Emergency Slope Repair”, and appropriate and transfer $390,000
 within the Capital Improvement Expenditure Program Fund No.
 100/54 from “Asilomar Landslide” Account No. 00W875, to a new
 account, “Vista Del Mar Emergency Slope Repair”, for the
 stabilization of the roadway near 8054 South Vista Del Mar Lane,
 Playa Del Rey, California, 90293.


 2. AUTHORIZE the City Administrative Officer (CAO) to make any
 technical corrections or clarifications to the above instructions in
 order to effectuate the intent of this Motion, including any corrections
 and changes to fund or account numbers.


 Fiscal Impact Statement: Neither the CAO nor the Chief Legislative
 Analyst has completed a financial analysis of this report.

 Community Impact Statement: None submitted


(28) 22­0691­S1
 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT AND
 ORDINANCE FIRST CONSIDERATION relative to establishing Fiscal Year
 2023­24 tax levy for Community Facilities District No. 8 (Legends at
 Cascades).
 Tuesday - June 20, 2023 - PAGE 25
 Recommendation for Council action, SUBJECT TO THE APPROVAL OF
 Analyst has completed a financial analysis of this report.

 Community Impact Statement: None submitted


(28) 22­0691­S1
 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT AND
 ORDINANCE FIRST CONSIDERATION relative to establishing Fiscal Year
 2023­24 tax levy for Community Facilities District No. 8 (Legends at
 Cascades).

 Recommendation for Council action, SUBJECT TO THE APPROVAL OF
 THE MAYOR:
 PRESENT and ADOPT the accompanying ORDINANCE, dated June 7,
 2023, relative to establishing Fiscal Year 2023­24 tax levy for City of Los
 Angeles Community Facilities District No. 8 (Legends at Cascades).


 Fiscal Impact Statement: None submitted by the City Attorney. Neither the
 City Administrative Officer nor the Chief Legislative Analyst has
 completed a financial analysis of this report.

 Community Impact Statement: None submitted


(29) 22­0016­S3
 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT and
 ORDINANCE FIRST CONSIDERATION relative to establishing Fiscal Year
 2023­24 tax levy for Community Facilities District No. 11 (Ponte Vista).

 Recommendation for Council action, SUBJECT TO THE APPROVAL OF
 THE MAYOR:
 PRESENT and ADOPT the accompanying ORDINANCE, dated June 7,
 2023, relative to establishing Fiscal Year 2023­24 tax levy for City of Los
 Angeles Community Facilities District No. 11 (Ponte Vista).


 Fiscal Impact Statement: None submitted by the City Attorney. Neither the
 City Administrative Officer nor the Chief Legislative Analyst has
 completed a financial analysis of this report.

 Community Impact Statement: None submitted


(30) 21­0573­S2
 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT and
 ORDINANCE FIRST CONSIDERATION relative to establishing Fiscal Year
 2023­24 tax levy for Community Facilities District No. 4 (Playa Vista­Phase
 1).

 Tuesday - June
 Recommendation for 20, 2023 -
 Council PAGE 26
 action, SUBJECT TO THE APPROVAL OF
 THE MAYOR:
 Community Impact Statement: None submitted


(30) 21­0573­S2
 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT and
 ORDINANCE FIRST CONSIDERATION relative to establishing Fiscal Year
 2023­24 tax levy for Community Facilities District No. 4 (Playa Vista­Phase
 1).

 Recommendation for Council action, SUBJECT TO THE APPROVAL OF
 THE MAYOR:
 PRESENT and ADOPT the accompanying ORDINANCE, dated June 7,
 2023, relative to establishing Fiscal Year 2023­24 tax levy for City of Los
 Angeles Community Facilities District No. 8 (Playa Vista­Phase 1).


 Fiscal Impact Statement: None submitted by the City Attorney. Neither the
 City Administrative Officer nor the Chief Legislative Analyst has
 completed a financial analysis of this report.

 Community Impact Statement: None submitted


(31) 19­1235
 ECONOMIC AND COMMUNITY DEVELOPMENT COMMITTEE REPORT
 relative to the public bank formation process.

 Recommendation for Council action:

 INSTRUCT the City Administrative Officer (CAO) and Chief Legislative
 Analyst (CLA) to:

 a. Identify and report in the upcoming Financial Status Report with
 funding in the amount of $460,000 for consultant services needed to
 conduct policy, fiscal, and economic analyses for a Phase I study
 related to the formation of a public bank serving the City of Los
 Angeles.


 b. Recommend suitable funding sources for said Phase I study.


 Fiscal Impact Statement: None submitted by the CLA. Neither the CAO
 nor the CLA has completed a financial analysis of this report.

 Community Impact Statement: Yes
 For:
 Boyle Heights Neighborhood Council
 Central Hollywood Neighborhood Council
 Central San Pedro Neighborhood Council
 Tuesday East Hollywood- June 20, 2023 Council
 Neighborhood  - PAGE 27
 Eagle Rock Neighborhood Council
 Fiscal Impact Statement: None submitted by the CLA. Neither the CAO
 nor the CLA has completed a financial analysis of this report.

 Community Impact Statement: Yes
 For:
 Boyle Heights Neighborhood Council
 Central Hollywood Neighborhood Council
 Central San Pedro Neighborhood Council
 East Hollywood Neighborhood Council
 Eagle Rock Neighborhood Council
 Echo Park Neighborhood Council
 Empowerment Congress West Area Neighborhood Development Council
 Historic Highland Park Neighborhood Council
 Mid City WEST Neighborhood Council
 North Hollywood Northeast Neighborhood Council
 Palms Neighborhood Council
 Silver Lake Neighborhood Council
 Hollywood Studio District Neighborhood Council
 Arroyo Seco Neighborhood Council
 Reseda Neighborhood Council
 Atwater Village Neighborhood Council
 For, If Amended:
 Empowerment Congress North Area NDC
 Against:
 Northridge West Neighborhood Council



(32) 23­1200­S68
 TRANSPORTATION COMMITTEE REPORT relative to the reappointment
 of Viggen Davidian to the Board of Transportation Commissioners for the
 term ending June 30, 2028.

 Recommendation for Council action:
 RESOLVE that the Mayor's reappointment of Viggen Davidian to the
 Board of Transportation Commissioners for the term ending June 30,
 2028, is APPROVED and CONFIRMED. Appointee resides in Council
 District Three. (Composition: F=3; M=4)
 Financial Disclosure Statement: Filed


 Community Impact Statement: None submitted.

 TIME LIMIT FILE ­ JULY 7, 2023


 (LAST DAY FOR COUNCIL ACTION ­ JULY 5, 2023)

 Tuesday - June 20, 2023 - PAGE 28
(33) 22­0914
 Community Impact Statement: None submitted.

 TIME LIMIT FILE ­ JULY 7, 2023


 (LAST DAY FOR COUNCIL ACTION ­ JULY 5, 2023)


(33) 22­0914
 CD 14 TRANSPORTATION COMMITTEE REPORT relative to implementing the
 first Los Angeles Park Block Pilot in Council District 14.

 Recommendations for Council action, pursuant to Motion (de León –
 Bonin):


 1. INSTRUCT the Los Angeles Department of Transportation
 (LADOT), in coordination with the Bureau of Engineering, to:

 a. Identify a pilot location and implement the first Los Angeles
 Park Block Pilot in Council District 14.


 b. Report in regard to the necessary funding and staffing
 resources needed in order to implement additional pilot
 locations and scale up to a full Citywide Park Block Program.


 2. INSTRUCT the LADOT to develop a public participation and
 application process which will prioritize Park Blocks in communities
 with the least amount of open space and highest incidents a of
 vehicle collisions.


 Fiscal Impact Statement: Neither the City Administrative Officer nor the
 Chief Legislative Analyst has completed a financial analysis of this report.

 Community Impact Statement: Yes
 For: Palms Neighborhood Council



(34) 23­0008­S6
 CD 11 TRANSPORTATION COMMITTEE REPORT relative to prohibiting the
 parking of vehicles that are in excess of 22 feet in length or over 7 feet in
 height, during the hours of 2:00 am and 6:00 am, along both sides of
 certain street segments in Council District 11.

 Recommendations for Council action pursuant to Resolution (Park – Lee):

 Tuesday - June 20, 2023 - PAGE 29
 1. RESOLVE, pursuant to Los Angeles Municipal Code Section
(34) 23­0008­S6
 CD 11 TRANSPORTATION COMMITTEE REPORT relative to prohibiting the
 parking of vehicles that are in excess of 22 feet in length or over 7 feet in
 height, during the hours of 2:00 am and 6:00 am, along both sides of
 certain street segments in Council District 11.

 Recommendations for Council action pursuant to Resolution (Park – Lee):


 1. RESOLVE, pursuant to Los Angeles Municipal Code Section
 80.69.4 and California Vehicle Code Section 22507, to hereby
 prohibit the parking of vehicles that are in excess of 22 feet in length
 or over seven feet in height, during the hours of 2:00 am and 6:00
 am, along the following street segments:

 a. Both sides of Westminster Avenue between Federal Avenue
 and McLaughlin Avenue


 b. Both sides of Glencoe Avenue between Mindanao Way and
 Alla Road


 c. Both sides of Ocean Park Boulevard between Bundy Drive
 and Centinela Avenue


 d. Both sides of Westgate Avenue between Missouri Avenue
 and Nebraska Avenue


 e. Pershing Drive between Talbert Street and Manitoba Street


 f. Alvern Circle between La Tijera Boulevard and Flight Avenue
 2. DIRECT the Los Angeles Department of Transportation (LADOT),
 upon approval of this action, to post signs giving notice of a “Tow
 Away, No Parking” restriction for oversize vehicles within the
 specific hours detailed at the location detailed above in
 Recommendation No. 1.


 3. AUTHORIZE the LADOT to make technical corrections or
 clarifications to the above instructions in order to effectuate the
 intent of this Resolution.


 Fiscal Impact Statement: Neither the City Administrative Officer nor the
 Chief Legislative Analyst has completed a financial analysis of this report.

 Community Impact Statement: None submitted.
 Tuesday - June 20, 2023 - PAGE 30
(35) 11­1225­S2
 3. AUTHORIZE the LADOT to make technical corrections or
 clarifications to the above instructions in order to effectuate the
 intent of this Resolution.


 Fiscal Impact Statement: Neither the City Administrative Officer nor the
 Chief Legislative Analyst has completed a financial analysis of this report.

 Community Impact Statement: None submitted.


(35) 11­1225­S2
 TRANSPORTATION COMMITTEE REPORT relative to proposed Third
 Amendment to Contract No. C­128772 with Ilium Associates, Inc. (Ilium) for
 transit marketing, customer outreach, and support services.

 Recommendations for Council action:


 1. APPROVE the Third Amendment to Contract No. C­128772 with
 Ilium for marketing and community outreach and posting of public
 right of way signs in support of the City Transit Program and
 Ordinance 41.18 through June 30, 2024, with a $3,270,588
 increase in the cost ceiling for a total contract ceiling of
 $23,413,080.


 2. INSTRUCT the General Manager, Los Angeles Department of
 Transportation, to:

 a. Present future contract amendments to the Mayor two months
 prior to the expiration of the underlying contract if the
 amendment requires only Mayoral approval and four months
 prior to the expiration of the underlying contract if the
 amendment requires Council approval.


 b. Report within 60 days in regard to the status of the Request for
 Proposals to replace the program management contract as
 detailed in the March 16, 2023 City Administrative Officer
 (CAO) report, attached to the Council File.


 Fiscal Impact Statement: The CAO reports that there is no General Fund
 impact. Sufficient funds exist within the City Proposition A Local Transit
 Assistance Fund 2022­23 Adopted Budget to support this contract
 amendment. Funds supporting this contract can be reduced as necessary
 to accommodate potential future reductions in transit expenditures, if
 required.

 Financial Policies Statement: The CAO reports that the recommendations
 comply with the City's Financial Policies in that sufficient budgeted funds
 are available to support proposed expenditures.
 Tuesday - June 20, 2023 - PAGE 31
 Fiscal Impact Statement: The CAO reports that there is no General Fund
 impact. Sufficient funds exist within the City Proposition A Local Transit
 Assistance Fund 2022­23 Adopted Budget to support this contract
 amendment. Funds supporting this contract can be reduced as necessary
 to accommodate potential future reductions in transit expenditures, if
 required.

 Financial Policies Statement: The CAO reports that the recommendations
 comply with the City's Financial Policies in that sufficient budgeted funds
 are available to support proposed expenditures.

 Community Impact Statement: None submitted.

 TIME LIMIT FILE ­ JULY 24, 2023


 (LAST DAY FOR COUNCIL ACTION ­ JULY 5, 2023)


(36) 23­1200­S49
 TRADE, TRAVEL AND TOURISM COMMITTEE REPORT relative to the
 reappointment of Lucille Roybal­Allard to the Board of Harbor
 Commissioners for the term ending June 30, 2028.

 Recommendation for Council action:
 RESOLVE that the Mayor’s reappointment of Lucille Roybal­Allard to the
 Board of Harbor Commissioners for the term ending June 30, 2028, is
 APPROVED and CONFIRMED. Appointee currently resides in Council
 District 14. (Current Composition: M=3; F=2)
 Financial Disclosure Statement: Filed


 Community Impact Statement: None submitted.

 TIME LIMIT FILE ­ JULY 7, 2023


 (LAST DAY FOR COUNCIL ACTION ­ JULY 5, 2023)


(37) 23­1200­S78
 TRADE, TRAVEL AND TOURISM COMMITTEE REPORT relative to the
 reappointment of Vanessa Aramayo to the Board of Airport
 Commissioners for the term ending June 30, 2028.

 Recommendation for Council action:
 RESOLVE that the Mayor’s reappointment of Vanessa Aramayo to the
 Board of Airport Commissioners for the term ending June 30, 2028, is
 APPROVED and CONFIRMED. Appointee currently resides in Council
 District 14. (Current Composition: F=3; M=3; Vacant=1)
 Tuesday - June 20, 2023 - PAGE 32
 Financial Disclosure Statement: Filed
(37) 23­1200­S78
 TRADE, TRAVEL AND TOURISM COMMITTEE REPORT relative to the
 reappointment of Vanessa Aramayo to the Board of Airport
 Commissioners for the term ending June 30, 2028.

 Recommendation for Council action:
 RESOLVE that the Mayor’s reappointment of Vanessa Aramayo to the
 Board of Airport Commissioners for the term ending June 30, 2028, is
 APPROVED and CONFIRMED. Appointee currently resides in Council
 District 14. (Current Composition: F=3; M=3; Vacant=1)
 Financial Disclosure Statement: Filed


 Community Impact Statement: None submitted.

 TIME LIMIT FILE ­ JULY 7, 2023


 (LAST DAY FOR COUNCIL ACTION ­ JULY 5, 2023)


(38) 23­0416
 CD 14 ENVIRONMENTAL IMPACT REPORT (EIR), PREVIOUSLY CERTIFIED
 EIR, ADDENDUM, AND RELATED CALIFORNIA ENVIRONMENTAL
 QUALITY ACT (CEQA) FINDINGS, PLANNING AND LAND USE
 MANAGEMENT COMMITTEE REPORT, RESOLUTION, and
 ORDINANCE FIRST CONSIDERATION relative to a General Plan
 Amendment, Zone Change and Height District Change for the properties
 located at 4402 – 4486 East Florizel Street, 4401 – 4499 East Mercury
 Avenue, and 3501– 3531 North McKenzie Avenue.

 Recommendations for Council action, SUBJECT TO THE APPROVAL
 OF THE MAYOR:


 1. FIND, based on the independent judgment of the decision­maker,
 after consideration of the whole of the administrative record, the
 Project was assessed in the previously certified Environmental
 Impact Report No. ENV­2021­4160­EIR, certified on November 26,
 2019; and pursuant to CEQA Guidelines, Sections 15162 and
 15164 and the Addendum, dated August 2021, that no major
 revisions to the EIR are required and no subsequent EIR, or
 negative declaration is required for approval of the Project.


 2. ADOPT the FINDINGS of the Los Angeles City Planning
 Commission (LACPC) as the Findings of Council.


 3. ADOPT the accompanying RESOLUTION, as recommended by the
 Mayor and the LACPC, approving a General Plan Amendment to
 the Northeast Los Angeles Community Plan to re­designate the land
 use of the subject lots from Low Residential to Medium Residential.
 Tuesday - June 20, 2023 - PAGE 33
 negative declaration is required for approval of the Project.


 2. ADOPT the FINDINGS of the Los Angeles City Planning
 Commission (LACPC) as the Findings of Council.


 3. ADOPT the accompanying RESOLUTION, as recommended by the
 Mayor and the LACPC, approving a General Plan Amendment to
 the Northeast Los Angeles Community Plan to re­designate the land
 use of the subject lots from Low Residential to Medium Residential.


 4. PRESENT and ADOPT the accompanying ORDINANCE, dated
 October 13, 2022, to effectuate a Zone and Height District Change
 to modify the Zone and Height District for the subject lots from
 [Q]R1​ ­ 1D to [Q]R3­​ 1 , to revise the General Plan Land Use
 designation and zoning for the properties located at 4402 – 4486
 East Florizel Street, 4401 – 4499 East Mercury Avenue, and 3501–
 3531 North McKenzie Avenue. The proposed action does not
 include any demolition, remodel, construction, or alteration of the
 existing structures known as the Rose Hill Courts Redevelopment
 Project and does not change the Project approved under Case No.
 CPC­2019­​4441­​DB­​PUB.


 5. INSTRUCT the Department of City Planning to revise the
 Community Plan pursuant to this action.


 6. ADVISE the applicant, pursuant to Los Angeles Municipal Code
 Section 12.32 G:

 ...the Council may decide to impose a permanent Q
 Condition...identified on the zone change map by the symbol Q in
 brackets... There shall be no time limit on removal of the brackets
 around the [Q] Qualified designation nor on removal of the [T]
 Tentative designation. After the conditions of the permanent [Q]
 Qualified classification have been fulfilled, the brackets
 surrounding the Q symbol shall be removed.


 7. ADVISE the applicant that, pursuant to California State Public
 Resources Code Section 21081.6, the City shall monitor or require
 evidence that mitigation conditions are implemented and
 maintained throughout the life of the project and the City may require
 any necessary fees to cover the cost of such monitoring.


 8. ADVISE the applicant that, pursuant to State Fish and Game Code
 Section 711.4, a Fish and Game Fee and/or Certificate of Fee
 Exemption is now required to be submitted to the County Clerk prior
 to or concurrent with the Environmental Notice of Determination
 filing.

Tuesday - June 20, 2023 - PAGE 34
 Applicant: City of Los Angeles
 evidence that mitigation conditions are implemented and
 maintained throughout the life of the project and the City may require
 any necessary fees to cover the cost of such monitoring.


 8. ADVISE the applicant that, pursuant to State Fish and Game Code
 Section 711.4, a Fish and Game Fee and/or Certificate of Fee
 Exemption is now required to be submitted to the County Clerk prior
 to or concurrent with the Environmental Notice of Determination
 filing.


 Applicant: City of Los Angeles
 Case No. CPC​­2020­​1002­​GPA­​ZC­​HD
 Environmental No. ENV­​2021­​4160­​EIR­​ADD1


 Fiscal Impact Statement: The LACPC reports that there is no General
 Fund impact as administrative costs are recovered through fees.

 Community Impact Statement: None submitted

 TIME LIMIT FILE ­ JUNE 27, 2023


 (LAST DAY FOR COUNCIL ACTION ­ JUNE 27, 2023)


(39) 22­0300
 CD 11 PREVIOUSLY CERTIFIED ENVIRONMENTAL IMPACT REPORT (EIR),
 ADDENDUM, FINDINGS AND RELATED CALIFORNIA
 ENVIRONMENTAL QUALITY ACT (CEQA) FINDINGS, PLANNING AND
 LAND USE MANAGEMENT COMMITTEE REPORT and ORDINANCE
 FIRST CONSIDERATION relative to amending the Loyola Marymount
 University (LMU) Specific Plan for the property located at 1 LMU Drive.

 Recommendation for Council action, SUBJECT TO THE APPROVAL OF
 THE MAYOR:


 1. FIND, based on the independent judgment of the decision­maker,
 after consideration of the whole of the administrative record, the
 Project was assessed in the previously certified EIR No. ENV­2008­
 1342­EIR, certified on February 25, 2011; and pursuant to CEQA
 Guidelines, Sections 15162 and 15164 and the Addendum, dated
 September 2021, that no major revisions to the EIR are required
 and no subsequent EIR, or negative declaration is required for
 approval of the project.


 2. ADOPT the FINDINGS of the Los Angeles City Planning
 Commission (LACPC) as the Findings of Council.

 Tuesday - June 20, 2023 - PAGE 35
 3. PRESENT and ADOPT the accompanying ORDINANCE, dated
 Project was assessed in the previously certified EIR No. ENV­2008­
 1342­EIR, certified on February 25, 2011; and pursuant to CEQA
 Guidelines, Sections 15162 and 15164 and the Addendum, dated
 September 2021, that no major revisions to the EIR are required
 and no subsequent EIR, or negative declaration is required for
 approval of the project.


 2. ADOPT the FINDINGS of the Los Angeles City Planning
 Commission (LACPC) as the Findings of Council.


 3. PRESENT and ADOPT the accompanying ORDINANCE, dated
 November 21, 2022, to amend the LMU Specific Plan to modify the
 previously approved floor area for Academic/Administrative,
 Residential, and Athletic Indoor uses and to allow for subsequent
 adjustments in the distribution of floor area among these uses, the
 Specific Plan Amendment will further permit the retention,
 renovation, use, and/or change of use of the existing sports pavilion
 (Gersten Pavilion), in conjunction with an updated Traffic Demand
 Management Plan, the Amendment will continue to permit the
 construction of a replacement sports pavilion on Campus, as
 previously approved, and the Amendment will also establish a
 dedicated compliance officer to further enhance communications
 with the Westchester community, for the property located at 1 LMU
 Drive. (The Amendment will not change the maximum permitted floor
 area or the maximum total student enrollment, faculty, staff, and on
 Campus residents.)


 Applicant: Lynne Scarboro, LMU

 Representative: John Heintz, Latham & Watkins LLP
 Case No. CPC­2019­4651­SP
 Environmental No. ENV­2008­1342­EIR­ADD1


 Fiscal Impact Statement: None submitted by the City Attorney. Neither the
 City Administrative Officer nor the Chief Legislative Analyst has
 completed a financial analysis of this report.

 Community Impact Statement: None submitted


(40) 23­0479
 CD 11 HOUSING AND HOMELESSNESS COMMITTEE REPORT relative to the
 status of the Ellis Act process and relocation of tenants at the Barrington
 Plaza Apartments located at 11740 Wilshire Boulevard in Council District
 11.

 Recommendations for Council action, as initiated by Motion (Park –
 Krekorian):
 Tuesday - June 20, 2023 - PAGE 36
(40) 23­0479
 CD 11 HOUSING AND HOMELESSNESS COMMITTEE REPORT relative to the
 status of the Ellis Act process and relocation of tenants at the Barrington
 Plaza Apartments located at 11740 Wilshire Boulevard in Council District
 11.

 Recommendations for Council action, as initiated by Motion (Park –
 Krekorian):


 1. INSTRUCT the Los Angeles Housing Department (LAHD), with the
 assistance of other departments, as necessary, to report to Council
 every 30 days on the status of the Ellis Act process and relocation of
 tenants at the Barrington Plaza Apartments located at 11740
 Wilshire Boulevard in Council District 11, the progress to safeguard
 an equitable distribution of relocation benefits and services, and the
 right to return process, if applicable, to ensure that all tenants are
 afforded the benefits and rights entitled under the Los Angeles
 Municipal Code.


 2. INSTRUCT the LAHD, with the assistance of the City Attorney, and
 any other relevant departments, as needed, to report to Council
 within 30 days on all actions the City could potentially take to
 intervene in this process to ensure that tenants are not permanently
 displaced.


 3. INSTRUCT the Los Angeles Department of Building and Safety
 (LADBS), with the assistance of the LAHD, and any other relevant
 departments, as needed, to report to Council within 30 days on the
 feasibility of establishing a “bad actor” policy, whereby owners are
 unable to pull permits for new projects if there is a record of
 unresolved citations, orders to comply and/or violations at an
 existing property.


 4. INSTRUCT the LAHD, with the assistance of the LADBS, and any
 other relevant departments, as needed, to report to Council within
 30 days with a comprehensive list of any code violations at the
 Barrington Plaza Apartments over the last ten years. The report
 should include what happened after the previous code violations and
 the fires that took place at the Barrington Plaza Apartments.


 Fiscal Impact Statement: Neither the City Administrative Officer nor the
 Chief Legislative Analyst has completed a financial analysis of this report.

 Community Impact Statement: None submitted


(41) 23­0447
 Tuesday - June 20, 2023 - PAGE 37
 HOUSING AND HOMELESSNESS COMMITTEE REPORT relative to the
 the fires that took place at the Barrington Plaza Apartments.


 Fiscal Impact Statement: Neither the City Administrative Officer nor the
 Chief Legislative Analyst has completed a financial analysis of this report.

 Community Impact Statement: None submitted


(41) 23­0447
 HOUSING AND HOMELESSNESS COMMITTEE REPORT relative to the
 City's immediate and long­term role in the Community Assistance,
 Recovery and Empowerment (CARE) Court Program.

 Recommendation for Council action, pursuant to Motion (Park –
 Krekorian):
 INSTRUCT the City Administrative Officer (CAO), with assistance of the
 City Attorney, the Los Angeles Homeless Services Authority, the Chief
 Legislative Analyst (CLA), and other departments, as appropriate, to
 investigate and report to Council on the City's immediate and long­term
 role in the CARE Court program within 60 days.




 Fiscal Impact Statement: Neither the CAO nor the CLA has completed a
 financial analysis of this report.

 Community Impact Statement: Yes
 For: Sherman Oaks Neighborhood Council



(42) 12­1549­S24
 CD 11 HOUSING AND HOMELESSNESS COMMITTEE REPORT relative to
 developing an affordable housing project on the City­owned property
 located at 6621 Manchester Avenue in Council District 11, in conformance
 with the City’s Asset Evaluation Framework and Affordable Housing
 Opportunity Site Review Process.

 Recommendation for Council action, pursuant to Motion (Park – Raman):
 INSTRUCT the City Administrative Officer (CAO), with the assistance of
 the Chief Legislative Analyst (CLA), the Los Angeles Housing
 Department, the Department of City Planning, the Department of General
 Services, and any other relevant departments, to initiate a review of the
 City­owned property located at 6621 Manchester Avenue in Council
 District 11, through the use of the City’s Asset Evaluation Framework, to
 determine and report to Council, regarding the suitability of developing an
 affordable housing project in conformance with the procedures set forth in
 the City’s Asset Evaluation Framework and Affordable Housing
 Opportunity Site Review Process.
 Tuesday - June 20, 2023 - PAGE 38
 the Chief Legislative Analyst (CLA), the Los Angeles Housing
 Department, the Department of City Planning, the Department of General
 Services, and any other relevant departments, to initiate a review of the
 City­owned property located at 6621 Manchester Avenue in Council
 District 11, through the use of the City’s Asset Evaluation Framework, to
 determine and report to Council, regarding the suitability of developing an
 affordable housing project in conformance with the procedures set forth in
 the City’s Asset Evaluation Framework and Affordable Housing
 Opportunity Site Review Process.




 Fiscal Impact Statement: Neither the CAO nor the CLA has completed a
 financial analysis of this report.

 Community Impact Statement: None submitted


(43) 22­0847­S4
 GOVERNMENT OPERATIONS COMMITTEE REPORT relative to the
 2022­23 Fifth Construction Projects Report (CPR).

 Recommendations for Council action, SUBJECT TO THE APPROVAL
 OF THE MAYOR:

 1. A P P R O V E t h e r e c o m m e n d a t i o n s c o n t a i n e d i n t h e C i t y
 Administrative Officer (CAO) report dated May 18, 2023, attached
 to the Council file.


 2. INSERT Recommendation No. 23, to read as follows:

 Rescind the prior Controller's instructions from the 2022­23 Fourth
 CPR Addendum (Council file No. 22­0847­S3, Item G) relative to the
 renovation of the Old Fire Station No. 54 and replace with
 instructions for Item BBBB, as needed to address additional costs
 associated with hazardous material testing and abatement with a
 revised amount of $96,499 recommended as part of the
 transactions reflected in Attachment 1.


 Fiscal Impact Statement: The CAO reports that transfers, appropriations,
 and expenditure authority totaling $85.44 million are recommended in the
 report dated May 18, 2023. Of this amount, $36.55 million is for transfers,
 appropriations, and expenditure authority for the Bureau of Sanitation,
 $24.0 million for the Bureau of Engineering, $9.32 million for the
 Department of General Services, $2.48 million for Bureau of Street
 Lighting, and $13.09 million is for other City funds. All transfers and
 appropriations are based on existing funds, reimbursements, or revenues.
 There is no immediate General Fund impact for operations and
 maintenance costs as a result of these recommendations (Attachment No.
 4).
 Tuesday - June 20, 2023 - PAGE 39
 Financial Policies Statement: The CAO reports that the actions
 and expenditure authority totaling $85.44 million are recommended in the
 report dated May 18, 2023. Of this amount, $36.55 million is for transfers,
 appropriations, and expenditure authority for the Bureau of Sanitation,
 $24.0 million for the Bureau of Engineering, $9.32 million for the
 Department of General Services, $2.48 million for Bureau of Street
 Lighting, and $13.09 million is for other City funds. All transfers and
 appropriations are based on existing funds, reimbursements, or revenues.
 There is no immediate General Fund impact for operations and
 maintenance costs as a result of these recommendations (Attachment No.
 4).

 Financial Policies Statement: The CAO reports that the actions
 recommended in the report comply with the City’s Financial Policies.

 Debt Impact Statement: The CAO reports that the issuance of Municipal
 Improvement Corporation of Los Angeles (MICLA) debt is a General Fund
 obligation. The issuance of MICLA for the reauthorization of the Vision
 Theatre project would cause the City to borrow $160,439 at an
 approximate 5.5 percent interest rate over 20 years. The issuance of
 MICLA for the reauthorization of the Los Angeles Convention Center
 Expansion project, which requires an additional $500,000, would cause
 the City to borrow $500,000 at an approximate 5.5 percent interest rate
 over 20 years. The total estimated debt service for the projects is
 $1,105,302, including interest of approximately $444,863. During the life
 of the bonds, the estimated average annual debt service is $55,265 for 20
 years. Actual interest rates may differ as rates are dependent on market
 conditions at the time of issuance. The CAO cannot fully predict what
 interest rates will be in the future. In accordance with the City's Debt
 Management Policy, the City has an established debt ceiling to uide in
 evaluating the affordability for future debt. The debt ceiling for non­voted
 direct debt as a percentage of General Fund revenues is 6.0 percent. The
 2023­24 Proposed Budget non voter­approved debt ratio is 2.93 percent.
 The issuance of debt for these projects will not cause the City to exceed
 the six percent non­voter approved debt limit.


 (Budget, Finance and Innovation Committee waived consideration
 of the above matter)



Items for which Public Hearings Have Not Been Held ­ (10 Votes Required for Consideration)

(44) 23­0005­S96
 CD 8 COMMUNICATION FROM THE LOS ANGELES HOUSING
 DEPARTMENT (LAHD) and RESOLUTION relative to removing the
 property at 4030 South Denker Avenue (Case No. 617203) Assessor I.D.
 No. 5021­004­027, from the Rent Escrow Account Program (REAP).

 Recommendation for Council action:
 APPROVE the LAHD report recommendation dated June 8, 2023,
 attached to the Council file, and ADOPT the accompanying RESOLUTION
 Tuesday - June 20,
 removing the property 2023 South
 at 4030 - PAGENo.
 Denker Avenue (Case  40 617203)
 Assessor I.D. No. 5021­004­027 from the REAP.
(44) 23­0005­S96
 CD 8 COMMUNICATION FROM THE LOS ANGELES HOUSING
 DEPARTMENT (LAHD) and RESOLUTION relative to removing the
 property at 4030 South Denker Avenue (Case No. 617203) Assessor I.D.
 No. 5021­004­027, from the Rent Escrow Account Program (REAP).

 Recommendation for Council action:
 APPROVE the LAHD report recommendation dated June 8, 2023,
 attached to the Council file, and ADOPT the accompanying RESOLUTION
 removing the property at 4030 South Denker Avenue (Case No. 617203)
 Assessor I.D. No. 5021­004­027 from the REAP.



 Fiscal Impact Statement: None submitted by the LAHD. Neither the City
 Administrative Officer nor the Chief Legislative Analyst has completed a
 financial analysis of this report.

 Community Impact Statement: None submitted.


(45) 23­0005­S97
 CD 1 COMMUNICATION FROM THE LOS ANGELES HOUSING
 DEPARTMENT (LAHD) and RESOLUTION relative to removing the
 property at 2914 North Altura Street (Case No. 699616) Assessor I.D. No.
 5204­023­018, from the Rent Escrow Account Program (REAP).

 Recommendation for Council action:
 APPROVE the LAHD report recommendation dated June 8, 2023,
 attached to the Council file, and ADOPT the accompanying RESOLUTION
 removing the property at 2914 North Altura Street (Case No. 699616)
 Assessor I.D. No. 5204­023­018 from the REAP.




 Fiscal Impact Statement: None submitted by the LAHD. Neither the City
 Administrative Officer nor the Chief Legislative Analyst has completed a
 financial analysis of this report.

 Community Impact Statement: None submitted.


(46) 23­0005­S98
 CD 8 COMMUNICATION FROM THE LOS ANGELES HOUSING
 DEPARTMENT (LAHD) and RESOLUTION relative to removing the
 property at 3520 West Hyde Park Boulevard (Case No. 541320) Assessor
 I.D. No. 4006­020­006, from the Rent Escrow Account Program (REAP).

 Recommendation for Council action:
 APPROVE the LAHD report recommendation dated June 8, 2023,
 Tuesday attached to the-Council
 June 20,file, and-ADOPT the accompanying
 2023 PAGERESOLUTION
 41
 removing the property at 3520 West Hyde Park Boulevard (Case No.
(46) 23­0005­S98
 CD 8 COMMUNICATION FROM THE LOS ANGELES HOUSING
 DEPARTMENT (LAHD) and RESOLUTION relative to removing the
 property at 3520 West Hyde Park Boulevard (Case No. 541320) Assessor
 I.D. No. 4006­020­006, from the Rent Escrow Account Program (REAP).

 Recommendation for Council action:
 APPROVE the LAHD report recommendation dated June 8, 2023,
 attached to the Council file, and ADOPT the accompanying RESOLUTION
 removing the property at 3520 West Hyde Park Boulevard (Case No.
 541320) Assessor I.D. No. 4006­020­006 from the REAP.




 Fiscal Impact Statement: None submitted by the LAHD. Neither the City
 Administrative Officer nor the Chief Legislative Analyst has completed a
 financial analysis of this report.

 Community Impact Statement: None submitted.


(47) 23­0205
 COMMUNICATION FROM THE CITY ATTORNEY and ORDINANCE OF
 INTENTION FIRST CONSIDERATION relative to setting the date for
 hearing objections against the 2023 Annual Weed and Brush Abatement
 Assessment Roll Schedule for locations stated on personal appeals
 attached to the file.

 Recommendation for Council action, pursuant to Government Code
 Sections 39560 to 39588, SUBJECT TO THE APPROVAL OF THE
 MAYOR:
 PRESENT and ADOPT the accompanying ORDINANCE OF INTENTION,
 dated June 9, 2023, establishing AUGUST 1, 2023, as the date for
 hearing objections to the proposed removal of weeds and/or rubbish,
 refuse and dirt upon certain streets, sidewalks, parkways and/or on or in
 front of certain private properties in the City of Los Angeles, and are a
 public nuisance, and declaring Council’s intention to order the abatement
 of said nuisance.


 Fiscal Impact Statement: None submitted by the City Attorney. Neither the
 City Administrative Officer nor the Chief Legislative Analyst has
 completed a financial analysis of this report.

 Community Impact Statement: None submitted.


(48) 23­0622
 CD 4 COMMUNICATION FROM THE CITY ENGINEER relative to the final map
 of Parcel Map L.A. No. 2018­7482 located at 14540 Weddington Street,
 Tuesday - June
 easterly of Vesper 20, 2023 -
 Avenue. PAGE 42
 Fiscal Impact Statement: None submitted by the City Attorney. Neither the
 City Administrative Officer nor the Chief Legislative Analyst has
 completed a financial analysis of this report.

 Community Impact Statement: None submitted.


(48) 23­0622
 CD 4 COMMUNICATION FROM THE CITY ENGINEER relative to the final map
 of Parcel Map L.A. No. 2018­7482 located at 14540 Weddington Street,
 easterly of Vesper Avenue.

 Recommendation for Council action:
 APPROVE the final map of Parcel Map L.A. No. 2018­7482, located at
 14540 Weddington Street, easterly of Vesper Avenue and accompanying
 Subdivision Improvement Agreement and Contract with security
 documents.
 (Bond No. C­143513)
 Subdivider: 14552 Weddington, LLC; Surveyor: Nick Kazemi


 Fiscal Impact Statement: The City Engineer reports that the subdivider
 has paid a fee of $9,064 for the processing of this final parcel map
 pursuant to Section 19.02(B)(3) of the Los Angeles Municipal Code. No
 additional City funds are needed.

 Community Impact Statement: None submitted.


(49) 23­0627
 CD 11 COMMUNICATION FROM THE CITY ENGINEER relative to the final map
 of Parcel Map L.A. No. 2020­4533 located at 2119 South Federal Avenue,
 southerly of Mississippi Avenue.

 Recommendation for Council action:
 APPROVE the final map of Parcel Map L.A. No. 2020­4533, located at
 2119 South Federal Avenue, southerly of Mississippi Avenue and
 accompanying Subdivision Improvement Agreement and Contract with
 security documents.
 (Bond No. C­143545)
 Owner: 2119 Federal, LLC; Surveyor: Bobby Z. Rivera


 Fiscal Impact Statement: The City Engineer reports that the subdivider
 has paid a fee of $9,064 for the processing of this final parcel map
 pursuant to Section 19.02(B)(3) of the Los Angeles Municipal Code. No
 additional City funds are needed.

 Community Impact Statement: None submitted.
 Tuesday - June 20, 2023 - PAGE 43
 Owner: 2119 Federal, LLC; Surveyor: Bobby Z. Rivera


 Fiscal Impact Statement: The City Engineer reports that the subdivider
 has paid a fee of $9,064 for the processing of this final parcel map
 pursuant to Section 19.02(B)(3) of the Los Angeles Municipal Code. No
 additional City funds are needed.

 Community Impact Statement: None submitted.


(50) 23­0628
 MOTION (KREKORIAN ­ BLUMENFIELD) relative to an election for the
 position of President Pro Tempore.

 Recommendations for Council action:

 1. HOLD an election at the next available council meeting for the
 position of President Pro Tempore, pursuant to the Rules of the Los
 Angeles City Council.


 2. ELECT Councilmember Marqueece Harris­Dawson as President
 Pro Tempore at that election.



(51) 23­1200­S112
 COMMUNICATION FROM THE MAYOR relative to the appointment of
 George McGraw to the Board of Water and Power Commissioners.

 Recommendation for Council action:
 RESOLVE that the Mayor’s appointment of George McGraw to the Board
 of Water and Power Commissioners, for the term ending June 30, 2025,
 is APPROVED and CONFIRMED. Appointee currently resides in Council
 District 13. (Current Composition: F = 5; M = 0)
 Financial Disclosure Statement: Filed
 Background Check: Pending


 Community Impact Statement: None submitted.

 TIME LIMIT FILE ­ JULY 10, 2023


 (LAST DAY FOR COUNCIL ACTION ­ JULY 5, 2023)


 (Energy and Environment Committee waived consideration of the
 above matter.)


 Tuesday - June 20, 2023 - PAGE 44
(52) 23­0530
 TIME LIMIT FILE ­ JULY 10, 2023


 (LAST DAY FOR COUNCIL ACTION ­ JULY 5, 2023)


 (Energy and Environment Committee waived consideration of the
 above matter.)


(52) 23­0530
 CONSIDERATION OF MOTION (YAROSLAVSKY ­ McOSKER ­
 KREKORIAN) relative to requesting the Chief Legislative Analyst, in
 consultation with the Ethics Department and the City Attorney, to report on
 revising the City’s ethics and conflict of interest laws, and related maters.

 Recommendation for Council action:
 REQUEST the Chief Legislative Analyst, in consultation with the Ethics
 Department and the City Attorney, report to the Council within 30 days on
 whether and how the City could adopt revisions to the ethics and conflict of
 interest laws that would:

 a. Require that anyone registering as a lobbyist disclose if they are a
 Close Relative ­ defined as the spouse, registered domestic
 partner, parent, or child of the lobbyist ­ of a City Councilmember or
 staff person of a Councilmember that is required to file a Form 700
 form (collectively the “Reporting Staff’).



 b. Prohibit a registered lobbyist that is a Close Relative of a
 Councilmember or of a member of the Reporting Staff of a
 Councilmember from lobbying that Council office on any proposed
 or pending land use development project that is located in that
 Councilmember’s district.



 c. Prohibit a Councilmember or Reporting Staff person of a
 Councilmember from communicating with a registered lobbyist who
 is a close relative of the Councilmember or of a Reporting Staff
 person of a Councilmember on proposed or pending land use
 development project that is located in the Councilmember’s district
 and require the prohibited individual, the Councilmember or a
 Reporting Staff person, to recuse and file the appropriate disclosure
 form with the City Ethics Commission.


 Community Impact Statement: None submitted

 (Ad Hoc Committee on City Governance Reform waived
 consideration of the above matter)
 Tuesday - June 20, 2023 - PAGE 45
 and require the prohibited individual, the Councilmember or a
 Reporting Staff person, to recuse and file the appropriate disclosure
 form with the City Ethics Commission.


 Community Impact Statement: None submitted

 (Ad Hoc Committee on City Governance Reform waived
 consideration of the above matter)


(53) 23­0652
 CONSIDERATION OF MOTION (KREKORIAN ­ RAMAN) relative to Los
 Angeles Administrative Code (LAAC) Section 8.33 regarding the
 declaration of a Local Housing or Homelessness Emergency by the Mayor.

 Recommendation for Council action:
 REQUEST the City Attorney to review the language for a new LAAC
 Section 8.33, attached to the Motion, for form and legality and prepare
 and present an Ordinance with an urgency clause to effectuate this
 Section.


 (Rules, Elections, Intergovernmental Relations Committee waived
 consideration of the above matter)



Items Called Special


Motions for Posting and Referral


Council Members' Requests for Excuse from Attendance at Council Meetings


Closed Session

(54) 23­0512
 The City Council may recess to Closed Session, pursuant to Government
 Code Section 54956.9(d)(1), to confer with its legal counsel relative to the
 case entitled Zenora Cruse v. City of Los Angeles, et al., Los Angeles
 Superior Court Case No. 21STCV43559. (This matter arises from a trip
 and fall accident that occurred on the sidewalk located at 4341 West Don
 Tomaso Drive in Los Angeles on February 13, 2021.)

 (Budget, Finance and Innovation Committee considered this matter
 in Closed Session on June 12, 2023.)


(55) 23­0521
 Tuesday The City Council may 20,
 - June recess
 2023to-Closed Session, pursuant to Government
 PAGE 46
 Code Section 54956.9(d)(1), to confer with its legal counsel relative to the
 case entitled Zenora Cruse v. City of Los Angeles, et al., Los Angeles
 Superior Court Case No. 21STCV43559. (This matter arises from a trip
 and fall accident that occurred on the sidewalk located at 4341 West Don
 Tomaso Drive in Los Angeles on February 13, 2021.)

 (Budget, Finance and Innovation Committee considered this matter
 in Closed Session on June 12, 2023.)


(55) 23­0521
 The City Council may recess to Closed Session, pursuant to Government
 Code Section 54956.9(d)(1), to confer with its legal counsel relative to the
 case entitled The People of the State of California, ex rel., et al. v. City of
 Los Angeles, Los Angeles City Council and Herb Wesson, Los Angeles
 Superior Court Case No. 22STCP00617. (This case concerns a challenge
 to City Council’s authority to suspend and designate a temporary
 replacement for an elected Councilmember facing criminal indictment.)

 (Budget, Finance and Innovation Committee considered this matter
 in Closed Session on June 12, 2023.)


(56) 23­0514
 The City Council may recess to Closed Session, pursuant to Government
 Code Section 54956.9(d)(1), to confer with its legal counsel relative to the
 case entitled Juan Castorena v. City of Los Angeles, et al., Los Angeles
 Superior Court Case No. 20STCV47247. (This matter arises from a trip
 and fall accident on January 4, 2020, at 6233 Riverton Avenue in North
 Hollywood.)

 (Budget, Finance and Innovation Committee considered this matter
 in Closed Session on June 12, 2023.)


(57) 23­0519
 The City Council may recess to Closed Session, pursuant to Government
 Code Section 54956.9(d)(1), to confer with its legal counsel relative to the
 case entitled Valerie Morris v. City of Los Angeles, Los Angeles Superior
 Court Case No. 20STCV08646. (This matter arises from a trip and fall
 incident that occurred on October 19, 2019, on the sidewalk near 5832
 Waring Avenue, in Los Angeles.)

 (Budget, Finance and Innovation Committee considered this matter
 in Closed Session on June 12, 2023.)


(58) 23­0524
 The City Council may recess to Closed Session, pursuant to Government
 Code Section 54956.9(d)(1), to confer with its legal counsel relative to the
 case entitled Yvonne Mendoza, et al. v. City of Los Angeles, et al., United
 States District Court Case No. CV21­04614 DMG (KESx). (This is a
 police tort case against the City of Los Angeles.)
 Tuesday - June 20, 2023 - PAGE 47
 (Budget, Finance and Innovation Committee considered this matter
 (Budget, Finance and Innovation Committee considered this matter
 in Closed Session on June 12, 2023.)


 (58) 23­0524
 The City Council may recess to Closed Session, pursuant to Government
 Code Section 54956.9(d)(1), to confer with its legal counsel relative to the
 case entitled Yvonne Mendoza, et al. v. City of Los Angeles, et al., United
 States District Court Case No. CV21­04614 DMG (KESx). (This is a
 police tort case against the City of Los Angeles.)

 (Budget, Finance and Innovation Committee considered this matter
 in Closed Session on June 12, 2023.)



Adjourning Motions


Council Adjournment


EXHAUSTION OF ADMINISTRATIVE REMEDIES ­ If you challenge a City action in court, you may be limited to raising only those
issues you or someone else raised at the public hearing described in this notice, or in written correspondence delivered to the City
Clerk at or prior to, the public hearing. Any written correspondence delivered to the City Clerk before the City Council's final action on
a matter will become a part of the administrative record.

CODE OF CIVIL PROCEDURE SECTION 1094.5 ­ If a Council action is subject to judicial challenge pursuant to Code of Civil
Procedure Section 1094.5, be advised that the time to file a lawsuit challenging a final action by the City Council is limited by Code of
Civil Procedure Section 1094.6 which provides that the lawsuit must be filed no later than the 90th day following the date on which
the Council's action becomes final.

Materials relative to items on this agenda can be obtained from the Office of the City Clerk's Council File Management System,
at lacouncilfile.com by entering the Council File number listed immediately following the item number (e.g., 00­0000).




 Tuesday - June 20, 2023 - PAGE 48

/RV$QJHOHV&LW\&RXQFLO-RXUQDO&RXQFLO3URFHHGLQJ
7XHVGD\-XQH
-2+1)(55$52&281&,/&+$0%(55220&,7<+$//1257+635,1*675((7/26
$1*(/(6&$$0

 )RUIXUWKHUGHWDLOVVHH2IILFLDO&RXQFLO)LOHV
 )RUFRPPXQLFDWLRQVUHIHUUHGE\WKH3UHVLGHQWVHH5HIHUUDO0HPRUDQGXP
5ROO&DOO

0HPEHUV3UHVHQW%OXPHQILHOG +DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
0F2VNHU3DUN6RWR0DUWtQH]<DURVODYVN\ 0 $EVHQWDH/HyQ, 3ULFH-U
5DPDQ5RGULJXH] 4


$SSURYDORIWKH0LQXWHV
&RPPHQGDWRU\5HVROXWLRQV,QWURGXFWLRQVDQG3UHVHQWDWLRQV  6(($77$&+('


0XOWLSOH$JHQGD,WHP&RPPHQW


3XEOLF7HVWLPRQ\RI1RQDJHQGD,WHPV:LWKLQ-XULVGLFWLRQRI&RXQFLO


,WHPV1RWLFHGIRU3XEOLF+HDULQJ38%/,&+($5,1*&/26('

  
 &' +($5,1*2)3527(676UHODWLYHWRWKHHVWDEOLVKPHQWRIWKH$UWV'LVWULFW
 /RV$QJHOHV%XVLQHVV,PSURYHPHQW'LVWULFWSXUVXDQWWR6HFWLRQRI
 WKH&DOLIRUQLD*RYHUQPHQW&RGH6HFWLRQHWVHTRIWKH&DOLIRUQLD
 6WUHHWVDQG+LJKZD\V&RGHDQG$UWLFOH;,,,'RIWKH&DOLIRUQLD&RQVWLWXWLRQ

 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 3XUVXDQWWR&RXQFLODGRSWLRQRI2UGLQDQFH1RRQ$SULO
 7KHWDEXODWLRQRIEDOORWVVKDOOWDNHSODFHLQ5RRPRI&LW\
 +DOOLPPHGLDWHO\IROORZLQJWKHFORVHRIWKHKHDULQJDQGZLOOEH
 SXEOLFO\OLYHVWUHDPHG)RUGLUHFWLRQVWRDFFHVVWKHOLYHVWUHDPYLVLW
 FOHUNODFLW\RUJELGV3XEOLFDQQRXQFHPHQWRIWKHWDEXODWLRQRI
 EDOORWVLVRQ:HGQHVGD\-XQH




 Tuesday - June 20, 2023 - PAGE 1
 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 &' +($53527(676DJDLQVWWKHSURSRVHGLPSURYHPHQWDQGPDLQWHQDQFH
 RIWKH1HZ+DPSVKLUHDQG)RXQWDLQ$YHQXHV6WUHHW/LJKWLQJ'LVWULFWLQ
 DFFRUGDQFHZLWK6HFWLRQVRIWKH/RV$QJHOHV$GPLQLVWUDWLYH
 &RGHDQG3URSRVLWLRQ

 3XUVXDQWWR&RXQFLODGRSWLRQRI2UGLQDQFHRI,QWHQWLRQRQ$SULO
 7KHWDEXODWLRQRIEDOORWVVKDOOWDNHSODFHLQ6SDFHRI
 5DPLUH]6WUHHWRQ-XQHDWDPDQGZLOOEHSXEOLFO\
 OLYHVWUHDPHG7RDFFHVVWKHOLYHVWUHDPMRLQ=RRP0HHWLQJ,'
 3DVVFRGHSURS3XEOLFDQQRXQFHPHQWRIWKH
 UHVXOWVIURPWKHWDEXODWLRQRIEDOORWVDQGFRQVLGHUDWLRQRIWKH)LQDO
 2UGLQDQFHZLOOWDNHSODFHDW&RXQFLORQ$XJXVW

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 &' +($53527(676DJDLQVWWKHSURSRVHGLPSURYHPHQWDQGPDLQWHQDQFH
 RIWKH7RSDQJD&DQ\RQ%RXOHYDUGDQG&KDWVZRUWK6WUHHW1R6WUHHW
 /LJKWLQJ'LVWULFWLQDFFRUGDQFHZLWK6HFWLRQVRIWKH/RV
 $QJHOHV$GPLQLVWUDWLYH&RGHDQG3URSRVLWLRQ

 3XUVXDQWWR&RXQFLODGRSWLRQRI2UGLQDQFHRI,QWHQWLRQRQ$SULO
 7KHWDEXODWLRQRIEDOORWVVKDOOWDNHSODFHLQ6SDFHRI
 5DPLUH]6WUHHWRQ-XQHDWDPDQGZLOOEHSXEOLFO\
 OLYHVWUHDPHG7RDFFHVVWKHOLYHVWUHDPMRLQ=RRP0HHWLQJ,'
 3DVVFRGHSURS3XEOLFDQQRXQFHPHQWRIWKH
 UHVXOWVIURPWKHWDEXODWLRQRIEDOORWVDQGFRQVLGHUDWLRQRIWKH)LQDO
 2UGLQDQFHZLOOWDNHSODFHDW&RXQFLORQ$XJXVW

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH




 Tuesday - June 20, 2023 - PAGE 2
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 &' +($53527(676DJDLQVWWKHSURSRVHGLPSURYHPHQWDQGPDLQWHQDQFH
 RIWKH6RXWK3DUN1R6WUHHW/LJKWLQJ'LVWULFWLQDFFRUGDQFHZLWK
 6HFWLRQVRIWKH/RV$QJHOHV$GPLQLVWUDWLYH&RGHDQG
 3URSRVLWLRQ

 3XUVXDQWWR&RXQFLODGRSWLRQRI2UGLQDQFHRI,QWHQWLRQRQ$SULO
 7KHWDEXODWLRQRIEDOORWVVKDOOWDNHSODFHLQ6SDFHRI
 5DPLUH]6WUHHWRQ-XQHDWDPDQGZLOOEHSXEOLFO\
 OLYHVWUHDPHG7RDFFHVVWKHOLYHVWUHDPMRLQ=RRP0HHWLQJ,'
 3DVVFRGHSURS3XEOLFDQQRXQFHPHQWRIWKH
 UHVXOWVIURPWKHWDEXODWLRQRIEDOORWVDQGFRQVLGHUDWLRQRIWKH)LQDO
 2UGLQDQFHZLOOWDNHSODFHDW&RXQFLORQ$XJXVW

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 &' +($53527(676DJDLQVWWKHSURSRVHGLPSURYHPHQWDQGPDLQWHQDQFH
 RIWKH6KDUS$YHQXHDQG&KDPEHUODLQ6WUHHW/LJKWLQJ'LVWULFWLQ
 DFFRUGDQFHZLWK6HFWLRQVRIWKH/RV$QJHOHV$GPLQLVWUDWLYH
 &RGHDQG3URSRVLWLRQ

 3XUVXDQWWR&RXQFLODGRSWLRQRI2UGLQDQFHRI,QWHQWLRQRQ$SULO
 7KHWDEXODWLRQRIEDOORWVVKDOOWDNHSODFHLQ6SDFHRI
 5DPLUH]6WUHHWRQ-XQHDWDPDQGZLOOEHSXEOLFO\
 OLYHVWUHDPHG7RDFFHVVWKHOLYHVWUHDPMRLQ=RRP0HHWLQJ,'
 3DVVFRGHSURS3XEOLFDQQRXQFHPHQWRIWKH
 UHVXOWVIURPWKHWDEXODWLRQRIEDOORWVDQGFRQVLGHUDWLRQRIWKH)LQDO
 2UGLQDQFHZLOOWDNHSODFHDW&RXQFLORQ$XJXVW

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 




 Tuesday - June 20, 2023 - PAGE 3
 6
 &' +($53527(676DJDLQVWWKHSURSRVHGLPSURYHPHQWDQGPDLQWHQDQFH
 RIWKH&RURQDGR6WUHHWDQG%HUNHOH\$YHQXH6WUHHW/LJKWLQJ'LVWULFWLQ
 DFFRUGDQFHZLWK6HFWLRQVRIWKH/RV$QJHOHV$GPLQLVWUDWLYH
 &RGHDQG3URSRVLWLRQ

 3XUVXDQWWR&RXQFLODGRSWLRQRI2UGLQDQFHRI,QWHQWLRQRQ$SULO
 7KHWDEXODWLRQRIEDOORWVVKDOOWDNHSODFHLQ6SDFHRI
 5DPLUH]6WUHHWRQ-XQHDWDPDQGZLOOEHSXEOLFO\
 OLYHVWUHDPHG7RDFFHVVWKHOLYHVWUHDPMRLQ=RRP0HHWLQJ,'
 3DVVFRGHSURS3XEOLFDQQRXQFHPHQWRIWKH
 UHVXOWVIURPWKHWDEXODWLRQRIEDOORWVDQGFRQVLGHUDWLRQRIWKH)LQDO
 2UGLQDQFHZLOOWDNHSODFHDW&RXQFLORQ$XJXVW

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 &' +($53527(676DJDLQVWWKHSURSRVHGLPSURYHPHQWDQGPDLQWHQDQFH
 RIWKH0RKDZN6WUHHWDQG0RQWDQD6WUHHW1R6WUHHW/LJKWLQJ'LVWULFWLQ
 DFFRUGDQFHZLWK6HFWLRQVRIWKH/RV$QJHOHV$GPLQLVWUDWLYH
 &RGHDQG3URSRVLWLRQ

 3XUVXDQWWR&RXQFLODGRSWLRQRI2UGLQDQFHRI,QWHQWLRQRQ$SULO
 7KHWDEXODWLRQRIEDOORWVVKDOOWDNHSODFHLQ6SDFHRI
 5DPLUH]6WUHHWRQ-XQHDWDPDQGZLOOEHSXEOLFO\
 OLYHVWUHDPHG7RDFFHVVWKHOLYHVWUHDPMRLQ=RRP0HHWLQJ,'
 3DVVFRGHSURS3XEOLFDQQRXQFHPHQWRIWKH
 UHVXOWVIURPWKHWDEXODWLRQRIEDOORWVDQGFRQVLGHUDWLRQRIWKH)LQDO
 2UGLQDQFHZLOOWDNHSODFHDW&RXQFLORQ$XJXVW

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6




 Tuesday - June 20, 2023 - PAGE 4
 &'&' +($53527(676DJDLQVWWKHSURSRVHGLPSURYHPHQWDQGPDLQWHQDQFH
 RIWKH/D&LHQHJDDQG-HIIHUVRQ%RXOHYDUGV6WUHHW/LJKWLQJ'LVWULFWLQ
 DFFRUGDQFHZLWK6HFWLRQVRIWKH/RV$QJHOHV$GPLQLVWUDWLYH
 &RGHDQG3URSRVLWLRQ

 3XUVXDQWWR&RXQFLODGRSWLRQRI2UGLQDQFHRI,QWHQWLRQRQ$SULO
 7KHWDEXODWLRQRIEDOORWVVKDOOWDNHSODFHLQ6SDFHRI
 5DPLUH]6WUHHWRQ-XQHDWDPDQGZLOOEHSXEOLFO\
 OLYHVWUHDPHG7RDFFHVVWKHOLYHVWUHDPMRLQ=RRP0HHWLQJ,'
 3DVVFRGHSURS3XEOLFDQQRXQFHPHQWRIWKH
 UHVXOWVIURPWKHWDEXODWLRQRIEDOORWVDQGFRQVLGHUDWLRQRIWKH)LQDO
 2UGLQDQFHZLOOWDNHSODFHDW&RXQFLORQ$XJXVW

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 &' +($53527(676DJDLQVWWKHSURSRVHGLPSURYHPHQWDQGPDLQWHQDQFH
 RIWKH1RUPDODQG9LUJLO$YHQXHV6WUHHW/LJKWLQJ'LVWULFWLQDFFRUGDQFH
 ZLWK6HFWLRQVRIWKH/RV$QJHOHV$GPLQLVWUDWLYH&RGHDQG
 3URSRVLWLRQ

 3XUVXDQWWR&RXQFLODGRSWLRQRI2UGLQDQFHRI,QWHQWLRQRQ$SULO
 7KHWDEXODWLRQRIEDOORWVVKDOOWDNHSODFHLQ6SDFHRI
 5DPLUH]6WUHHWRQ-XQHDWDPDQGZLOOEHSXEOLFO\
 OLYHVWUHDPHG7RDFFHVVWKHOLYHVWUHDPMRLQ=RRP0HHWLQJ,'
 3DVVFRGHSURS3XEOLFDQQRXQFHPHQWRIWKH
 UHVXOWVIURPWKHWDEXODWLRQRIEDOORWVDQGFRQVLGHUDWLRQRIWKH)LQDO
 2UGLQDQFHZLOOWDNHSODFHDW&RXQFLORQ$XJXVW

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 &' +($53527(676DJDLQVWWKHSURSRVHGLPSURYHPHQWDQGPDLQWHQDQFH
 RIWKH*D\OH\$YHQXHDQG/LQGEURRN'ULYH6WUHHW/LJKWLQJ'LVWULFWLQ




 Tuesday - June 20, 2023 - PAGE 5
 DFFRUGDQFHZLWK6HFWLRQVRIWKH/RV$QJHOHV$GPLQLVWUDWLYH
 &RGHDQG3URSRVLWLRQ

 3XUVXDQWWR&RXQFLODGRSWLRQRI2UGLQDQFHRI,QWHQWLRQRQ$SULO
 7KHWDEXODWLRQRIEDOORWVVKDOOWDNHSODFHLQ6SDFHRI
 5DPLUH]6WUHHWRQ-XQHDWDPDQGZLOOEHSXEOLFO\
 OLYHVWUHDPHG7RDFFHVVWKHOLYHVWUHDPMRLQ=RRP0HHWLQJ,'
 3DVVFRGHSURS3XEOLFDQQRXQFHPHQWRIWKH
 UHVXOWVIURPWKHWDEXODWLRQRIEDOORWVDQGFRQVLGHUDWLRQRIWKH)LQDO
 2UGLQDQFHZLOOWDNHSODFHDW&RXQFLORQ$XJXVW

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 &' +($53527(676DJDLQVWWKHSURSRVHGLPSURYHPHQWDQGPDLQWHQDQFH
 RIWKHWK6WUHHWDQG-HWZD\%RXOHYDUG6WUHHW/LJKWLQJ'LVWULFWLQ
 DFFRUGDQFHZLWK6HFWLRQVRIWKH/RV$QJHOHV$GPLQLVWUDWLYH
 &RGHDQG3URSRVLWLRQ

 3XUVXDQWWR&RXQFLODGRSWLRQRI2UGLQDQFHRI,QWHQWLRQRQ$SULO
 7KHWDEXODWLRQRIEDOORWVVKDOOWDNHSODFHLQ6SDFHRI
 5DPLUH]6WUHHWRQ-XQHDWDPDQGZLOOEHSXEOLFO\
 OLYHVWUHDPHG7RDFFHVVWKHOLYHVWUHDPMRLQ=RRP0HHWLQJ,'
 3DVVFRGHSURS3XEOLFDQQRXQFHPHQWRIWKH
 UHVXOWVIURPWKHWDEXODWLRQRIEDOORWVDQGFRQVLGHUDWLRQRIWKH)LQDO
 2UGLQDQFHZLOOWDNHSODFHDW&RXQFLORQ$XJXVW

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 &' +($53527(676DJDLQVWWKHSURSRVHGLPSURYHPHQWDQGPDLQWHQDQFH
 RIWKH&KDQGOHU%RXOHYDUGDQG:LONLQVRQ$YHQXH1R6WUHHW/LJKWLQJ
 'LVWULFWLQDFFRUGDQFHZLWK6HFWLRQVRIWKH/RV$QJHOHV
 $GPLQLVWUDWLYH&RGHDQG3URSRVLWLRQ




 Tuesday - June 20, 2023 - PAGE 6
 3XUVXDQWWR&RXQFLODGRSWLRQRI2UGLQDQFHRI,QWHQWLRQRQ$SULO
 7KHWDEXODWLRQRIEDOORWVVKDOOWDNHSODFHLQ6SDFHRI
 5DPLUH]6WUHHWRQ-XQHDWDPDQGZLOOEHSXEOLFO\
 OLYHVWUHDPHG7RDFFHVVWKHOLYHVWUHDPMRLQ=RRP0HHWLQJ,'
 3DVVFRGHSURS3XEOLFDQQRXQFHPHQWRIWKH
 UHVXOWVIURPWKHWDEXODWLRQRIEDOORWVDQGFRQVLGHUDWLRQRIWKH)LQDO
 2UGLQDQFHZLOOWDNHSODFHDW&RXQFLORQ$XJXVW

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 
 +($5,1*3527(676DQG25',1$1&(),567&216,'(5$7,21
 UHODWLYHWRWKHSURSRVHGPDLQWHQDQFHDQGRSHUDWLRQRIWKHDQQXDO
 DVVHVVPHQWRIWKH=6HULHV6WUHHW/LJKWLQJ0DLQWHQDQFH
 $VVHVVPHQW'LVWULFWIRU

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQ68%-(&7727+($33529$/
 2)7+(0$<25

  +($53527(676DJDLQVWWKHSURSRVHGPDLQWHQDQFHDQG
 RSHUDWLRQRIWKHDQQXDODVVHVVPHQWIRUWKH=6HULHV6WUHHW
 /LJKWLQJ0DLQWHQDQFH$VVHVVPHQW'LVWULFWIRU


  35(6(17DQG$'237WKHDFFRPSDQ\LQJ25',1$1&(LISURWHVWV
 GHQLHGDQGDVVHVVPHQWFRQILUPHGLQDFFRUGDQFHZLWK6HFWLRQ
 RIWKH/RV$QJHOHV$GPLQLVWUDWLYH&RGHIRUWKH
 SURSRVHGPDLQWHQDQFHDQGRSHUDWLRQRIWKHDQQXDODVVHVVPHQWRI
 WKH=6HULHV6WUHHW/LJKWLQJ0DLQWHQDQFH$VVHVVPHQW
 'LVWULFWIRU



 2UGLQDQFHRI,QWHQWLRQDGRSWHGRQ0D\

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 




 Tuesday - June 20, 2023 - PAGE 7
 
 +($5,1*3527(676DQG25',1$1&(),567&216,'(5$7,21
 UHODWLYHWRWKHSURSRVHGPDLQWHQDQFHDQGRSHUDWLRQRIWKHDQQXDO
 DVVHVVPHQWRIWKH)LVFDO<HDU/RV$QJHOHV&LW\/LJKWLQJ'LVWULFW

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQ68%-(&7727+($33529$/
 2)7+(0$<25

  +($53527(676DJDLQVWWKHSURSRVHGPDLQWHQDQFHDQG
 RSHUDWLRQRIWKHDQQXDODVVHVVPHQWRIWKH)LVFDO<HDU/RV
 $QJHOHV&LW\/LJKWLQJ'LVWULFW


  35(6(17DQG$'237WKHDFFRPSDQ\LQJ25',1$1&(LISURWHVWV
 GHQLHGDQGDVVHVVPHQWFRQILUPHGLQDFFRUGDQFHZLWK6HFWLRQ
 RIWKH/RV$QJHOHV$GPLQLVWUDWLYH&RGH



 2UGLQDQFHRI,QWHQWLRQDGRSWHGRQ0D\

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 
 +($5,1*3527(676DQG25',1$1&(6),567&216,'(5$7,21
 UHODWLYHWRWKHSURSRVHGPDLQWHQDQFHDQGRSHUDWLRQRIWKHDQQXDO
 DVVHVVPHQWRIWKH3URSRVLWLRQ&RQILUPHG6WUHHW/LJKWLQJ
 0DLQWHQDQFH$VVHVVPHQW'LVWULFW

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQ68%-(&7727+($33529$/
 2)7+(0$<25

  +($53527(676DJDLQVWWKHSURSRVHGPDLQWHQDQFHDQG
 RSHUDWLRQRIWKHDQQXDODVVHVVPHQWRIWKH3URSRVLWLRQ
 &RQILUPHG6WUHHW/LJKWLQJ0DLQWHQDQFH$VVHVVPHQW'LVWULFW


  35(6(17DQG$'237WKHDFFRPSDQ\LQJ25',1$1&(LISURWHVW
 GHQLHGDQGDVVHVVPHQWFRQILUPHGLQDFFRUGDQFHZLWK6HFWLRQ




 Tuesday - June 20, 2023 - PAGE 8
 RIWKH/RV$QJHOHV$GPLQLVWUDWLYH&RGHIRUWKH
 SURSRVHGPDLQWHQDQFHDQGRSHUDWLRQRIWKHDQQXDODVVHVVPHQWRI
 WKH3URSRVLWLRQ&RQILUPHG6WUHHW/LJKWLQJ
 0DLQWHQDQFH$VVHVVPHQW'LVWULFW%HQHILWLQJ)RRWLQJ0HWKRG


  35(6(17DQG$'237WKHDFFRPSDQ\LQJ25',1$1&(LISURWHVW
 GHQLHGDQGDVVHVVPHQWFRQILUPHGLQDFFRUGDQFHZLWK6HFWLRQ
 RIWKH/RV$QJHOHV$GPLQLVWUDWLYH&RGHIRUWKH
 SURSRVHGPDLQWHQDQFHDQGRSHUDWLRQRIWKHDQQXDODVVHVVPHQWRI
 WKH3URSRVLWLRQ&RQILUPHG6WUHHW/LJKWLQJ
 0DLQWHQDQFH$VVHVVPHQW'LVWULFW/DQG8VH0HWKRG



 2UGLQDQFHRI,QWHQWLRQDGRSWHGRQ0D\

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 



,WHPVIRUZKLFK3XEOLF+HDULQJV+DYH%HHQ+HOG

  
 38%/,&6$)(7<&200,77((5(3257UHODWLYHWRWKH1DUFRWLFV$QDO\VLV
 /DERUDWRU\7UXVW)XQG([SHQGLWXUH%XGJHWIRU)LVFDO<HDU )< 

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQ68%-(&7727+($33529$/
 2)7+(0$<25


  $87+25,=(WKH&RQWUROOHUWRHVWDEOLVKDSSURSULDWLRQDFFRXQWV
 ZLWKLQ)XQG1RDVIROORZV

 $FFRXQW 7LWOH $PRXQW
 7%' 7R[LFRORJ\DQG1DUFRWLFV$QDO\VHV 
 7%' 7UDLQLQJDQG7UDYHO 



  $87+25,=(WKH/RV$QJHOHV3ROLFH'HSDUWPHQWWRSUHSDUH




 Tuesday - June 20, 2023 - PAGE 9
 &RQWUROOHULQVWUXFWLRQVIRUDQ\WHFKQLFDODGMXVWPHQWVVXEMHFWWRWKH
 DSSURYDORIWKH&LW\$GPLQLVWUDWLYH2IILFHU &$2 DQG$87+25,=(
 WKH&RQWUROOHUWRLPSOHPHQWWKHLQVWUXFWLRQV


  $87+25,=(WKH&RQWUROOHUWRUHDSSURSULDWHIXQGVIURP)XQG1R
 $FFRXQW1RV7DQG9WR)XQG1R
 DFFRXQWWREHGHWHUPLQHGIRU)<E\DQDPRXQWQRWWR
 H[FHHG



 )LVFDO,PSDFW6WDWHPHQW1RQHVXEPLWWHGE\WKH%RDUGRI3ROLFH
 &RPPLVVLRQHUV1HLWKHUWKH&$2QRUWKH&KLHI/HJLVODWLYH$QDO\VWKDV
 FRPSOHWHGDILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+XWW.UHNRULDQ/HH0F2VNHU3DUN
 5DPDQ<DURVODYVN\  1D\V+HUQDQGH]6RWR0DUWtQH]  $EVHQW3ULFH-U
 5RGULJXH] 

 
 38%/,&6$)(7<&200,77((5(3257UHODWLYHWRDGRQDWLRQRIILYH
 XOWUDVRXQGPDFKLQHVYDOXHGDWWRWKH/RV$QJHOHV)LUH
 'HSDUWPHQW¶V /$)' $GYDQFHG3URYLGHU5HVSRQVH8QLWVIURPWKH/$)'
 )RXQGDWLRQ

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 $33529(WKHDFFHSWDQFHRIDGRQDWLRQRIILYHXOWUDVRXQGPDFKLQHV
 YDOXHGDWWRWKH/$)'¶V$GYDQFHG3URYLGHU5HVSRQVH8QLWV
 IURPWKH/$)')RXQGDWLRQDQG7+$1.WKHGRQRUIRUWKLVJHQHURXV
 GRQDWLRQ



 )LVFDO,PSDFW6WDWHPHQW7KH%RDUGRI)LUH&RPPLVVLRQHUVUHSRUWVWKDW
 WKHUHLVQRILVFDOLPSDFWRQWKH/$)' VEXGJHWIURPWKHDFFHSWDQFHRIWKLV
 GRQDWLRQ'RQDWLRQVSURYLGHWKHQHFHVVDU\LWHPVWRPHHWWKHQHHGVRIWKH
 UHVSHFWLYHILUHVWDWLRQVRUDGPLQLVWUDWLRQVHFWLRQV5HSODFHPHQWRUUHSDLU
 RILWHPVPHHWLQJ&LW\VSHFLILFDWLRQVDQG/$)'EXVLQHVVQHHGVPD\EH
 ERUQHE\*HQHUDO)XQGVXEMHFWWREXGJHWDU\FRQVWUDLQWV




 Tuesday - June 20, 2023 - PAGE 10
 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 
 38%/,&6$)(7<&200,77((5(3257UHODWLYHWRWKH,QWHUQHW
 &ULPHV$JDLQVW&KLOGUHQ ,&$& 3URJUDPJUDQWDZDUGIURPWKH&DOLIRUQLD
 *RYHUQRU¶V2IILFHRI(PHUJHQF\6HUYLFHV &DO2(6 

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQ68%-(&7727+($33529$/
 2)7+(0$<25


  $87+25,=(WKH&KLHIRI3ROLFH/RV$QJHOHV3ROLFH'HSDUWPHQW
 /$3' RUGHVLJQHHWR

 D 5HWURDFWLYHO\DSSO\IRUDQGDFFHSWWKHJUDQWDZDUGIRUWKH
 ,&$&3URJUDPLQWKHDPRXQWRIIRUWKHSHULRGRI
 -DQXDU\WKURXJK'HFHPEHUIURP
 WKH&DO2(6


 E 1HJRWLDWHDQGH[HFXWHWKHJUDQWDZDUGDJUHHPHQWVXEMHFWWR
 &LW\$WWRUQH\DSSURYDODVWRIRUP


 F 1HJRWLDWHDQGH[HFXWHHLWKHUQHZDJUHHPHQWVRUWRDPHQG
 DQ\DJUHHPHQWVZLWKDIILOLDWHWDVNIRUFHDJHQFLHVVXEMHFWWR
 WKHDSSURYDORIWKH&LW\$WWRUQH\DVWRIRUP


 G 1HJRWLDWHDQGH[HFXWHDQHZFRQWUDFWRUDPHQGWKHH[LVWLQJ
 3URIHVVLRQDO6HUYLFHV$JUHHPHQWIRUD7DVN)RUFH
 &RRUGLQDWRUIRUDVXPQRWWRH[FHHGVXEMHFWWRWKH
 DSSURYDORIWKH&LW\$WWRUQH\DVWRIRUP


  $87+25,=(WKH/$3'WR




 Tuesday - June 20, 2023 - PAGE 11
 D 6SHQGXSWRWKHWRWDOJUDQWDPRXQWRILQDFFRUGDQFH
 ZLWKWKHJUDQWDZDUGDJUHHPHQW


 E 6XEPLWJUDQWUHLPEXUVHPHQWUHTXHVWVWRWKHJUDQWRUDQG
 GHSRVLWJUDQWUHFHLSWVLQWKH/$3'*UDQW)XQG1R


 F 3UHSDUH&RQWUROOHULQVWUXFWLRQVIRUDQ\WHFKQLFDODGMXVWPHQWV
 DVQHFHVVDU\WRLPSOHPHQW0D\RUDQG&RXQFLOLQWHQWLRQV
 VXEMHFWWRWKHDSSURYDORIWKH&LW\$GPLQLVWUDWLYH2IILFHU
 &$2 DQG$87+25,=(WKH&RQWUROOHUWRLPSOHPHQWWKH
 LQVWUXFWLRQV


  $87+25,=(WKH&RQWUROOHUWR

 D (VWDEOLVKDJUDQWUHFHLYDEOHDQGDSSURSULDWHWRDQ
 DSSURSULDWLRQDFFRXQWWREHGHWHUPLQHGZLWKLQ)XQG1R
 IRUWKHUHFHLSWDQGGLVEXUVHPHQWRIWKH&DO2(6
 )LVFDO<HDU )< ,&$&3URJUDPLQDFFRUGDQFHZLWKWKH
 JUDQWDZDUGDJUHHPHQW


 E ,QFUHDVHDSSURSULDWLRQVLQWKHDPRXQWRIIRUWKH
 &DO2(6)<,&$&3URJUDPDVQHHGHGIURP
 DSSURSULDWLRQDFFRXQWQXPEHUWREHGHWHUPLQHG 7%' LQ
 )XQG1RWR)XQG1RDFFRXQWQXPEHUDQG
 DPRXQWDVIROORZV

 $FFRXQW 7LWOH $PRXQW
  &LYLOLDQ2YHUWLPH 
  6ZRUQ2YHUWLPH 
 7%' 5HODWHG&RVWV 
 7RWDO 



  ,16758&7WKH&LW\&OHUNWRSODFHRQWKH&RXQFLO&DOHQGDURQ
 -XO\RUWKHILUVWPHHWLQJGD\WKHUHDIWHUWKHIROORZLQJ
 DFWLRQUHODWLYHWRWKH&DO2(6)<,&$&3URJUDP

 7KDWWKH&LW\&RXQFLOVXEMHFWWRWKHDSSURYDORIWKH0D\RUDXWKRUL]H
 WKH&RQWUROOHUWRWUDQVIHULQDSSURSULDWLRQVIURP)XQG1R




Tuesday - June 20, 2023 - PAGE 12
 DFFRXQWQXPEHUWREHGHWHUPLQHGWR)XQG1R
 DFFRXQWQXPEHUVDQGDPRXQWVDVIROORZV

 $FFRXQW 7LWOH $PRXQW
  &LYLOLDQ2YHUWLPH 
  6ZRUQ2YHUWLPH 
 7%' 5HODWHG&RVWV 
 7RWDO 



 )LVFDO,PSDFW6WDWHPHQW7KH&$2UHSRUWVWKDWDSSURYDORIWKH
 UHFRPPHQGDWLRQVZLWKLQWKHUHSRUWZLOOKDYHQRDGGLWLRQDOLPSDFWWRWKH
 *HQHUDO)XQGDQGZLOODOORZIRUWKHH[SHQGLWXUHRIWKH,&$&3URJUDP
 JUDQWDZDUGRIIURPWKH&DO2(61RPDWFKLQJIXQGVDUH
 UHTXLUHGIRUWKLVJUDQW


 )LQDQFLDO3ROLFLHV6WDWHPHQW7KH&$2UHSRUWVWKDWWKHUHFRPPHQGDWLRQV
 SURYLGHGLQWKHUHSRUWDUHLQFRPSOLDQFHZLWKWKH&LW\¶V)LQDQFLDO3ROLFLHV
 LQWKDWRQHWLPHJUDQWIXQGLQJZLOOEHXWLOL]HGIRURQHWLPHSURJUDP
 H[SHQGLWXUHV


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 
 38%/,&6$)(7<&200,77((5(3257UHODWLYHWRLQFUHDVLQJWKHUHVHUYH
 RIILFHUVWLSHQGSDLGWRWKH/RV$QJHOHV3ROLFH'HSDUWPHQW¶V /$3' /HYHO
 ,,,DQG,,,UHVHUYHRIILFHUVSHUGHSOR\PHQWSHULRGDQGGUDIWLQJDQRUGLQDQFH
 WRLQFUHDVHWKHVWLSHQG

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQSXUVXDQWWR0RWLRQ /HH3DUN 


  ,16758&7WKH&KLHI/HJLVODWLYH$QDO\VW &/$ DQGWKH3HUVRQQHO
 'HSDUWPHQWLQFRQVXOWDWLRQZLWKWKH/$3'DQGWKH&LW\
 $GPLQLVWUDWLYH2IILFHU &$2 WR




 Tuesday - June 20, 2023 - PAGE 13
 D &RQGXFWDVWXG\LQRUGHUWRGHWHUPLQHDQDSSURSULDWHLQFUHDVH
 WRWKHUHVHUYHRIILFHUVWLSHQGSDLGWRWKH/$3'¶V/HYHO,,,DQG
 ,,,UHVHUYHRIILFHUVSHUGHSOR\PHQWSHULRGZLWKWKHJRDOWR
 EULQJWKHUHLPEXUVHPHQWLQOLQHZLWKWKHFXUUHQWH[SHQVHV
 LQFXUUHGE\YROXQWHHURIILFHUVIRUWUDQVSRUWDWLRQFOHDQLQJ
 UHSDLUDQGUHSODFHPHQWRIWKHLUXQLIRUPVDQGHTXLSPHQW


 E &RQGXFWDUHYLHZRIWKHUHVHUYHVWLSHQGDPRXQWRQDQDQQXDO
 EDVLVDQGPDNHDGMXVWPHQWVWRWKHVWLSHQGDPRXQWDV
 QHFHVVDU\


  5(48(67WKH&LW\$WWRUQH\WRSUHSDUHDGUDIWRUGLQDQFHDPHQGLQJ
 /RV$QJHOHV$GPLQLVWUDWLYH&RGH6HFWLRQV D DQG
  D WRUHIOHFWWKHVWLSHQGLQFUHDVHDVGHWHUPLQHGE\WKH
 FRPSOHWLRQRIWKHDERYHLQVWUXFWLRQIRU/HYHO,,,DQG,,,UHVHUYH
 RIILFHUV



 )LVFDO,PSDFW6WDWHPHQW1HLWKHUWKH&$2QRUWKH&/$KDVFRPSOHWHGD
 ILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 6
 %8'*(7),1$1&($1',1129$7,21&200,77((5(3257UHODWLYHWR
 WKHUHDSSRLQWPHQWRI$QWKRQ\+ROODQGWRWKH,QQRYDWLRQDQG3HUIRUPDQFH
 &RPPLVVLRQ

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 5(62/9(WKDWWKH0D\RU¶VUHDSSRLQWPHQWRI$QWKRQ\+ROODQGWRWKH
 ,QQRYDWLRQDQG3HUIRUPDQFH&RPPLVVLRQIRUWKHWHUPHQGLQJ-XQH
 LV$33529('DQG&21),50('$SSRLQWHHFXUUHQWO\UHVLGHVLQ
 &RXQFLO'LVWULFW &XUUHQW&RPSRVLWLRQ0 )  




 Tuesday - June 20, 2023 - PAGE 14
 )LQDQFLDO'LVFORVXUH6WDWHPHQW)LOHG




 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG


 7,0(/,0,7),/(-8/<


 /$67'$<)25&281&,/$&7,21-8/<

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 
 %8'*(7),1$1&($1',1129$7,21&200,77((5(3257UHODWLYHWR
 D6XSSOHPHQWDO&LW\6HUYLFHV$JUHHPHQWZLWKWKH8QLWHG6WDWHV*ROI
 $VVRFLDWLRQ 86*$ UHODWLQJWRWKH862SHQ&KDPSLRQVKLSHYHQW

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 $33529(DQG$87+25,=(WKH&LW\$GPLQLVWUDWLYH2IILFHU &$2 WR
 H[HFXWHWKHSURSRVHG6XSSOHPHQWDO&LW\6HUYLFHV$JUHHPHQWEHWZHHQ
 WKH&LW\DQG86*$DWWDFKHGWRWKH&$2UHSRUWGDWHG-XQH
 DWWDFKHGWRWKH&RXQFLOILOHUHODWLQJWRWKH862SHQ&KDPSLRQVKLS
 (YHQWZLWKHVWLPDWHGFRPSHQVDWLRQRIVXEMHFWWRWKH
 VXEPLVVLRQRIDSSOLFDEOHLQVXUDQFHGRFXPHQWVWRWKH&$2¶V5LVN
 0DQDJHPHQW'LYLVLRQDQGVXEMHFWWRDSSURYDODVWRIRUPE\WKH&LW\
 $WWRUQH\



 )LVFDO,PSDFW6WDWHPHQW7KH&$2UHSRUWVWKDWWKHSURSRVHG$JUHHPHQW
 SURYLGHVUHLPEXUVHPHQWRIDFWXDOFRVWVIRUVXSSOHPHQWDO&LW\VHUYLFHV
 SURYLGHGE\WKH&LW\LQVXSSRUWRI862SHQ(YHQWV7RWDO*HQHUDO)XQG
 UHYHQXHLVDQWLFLSDWHGWREHDSSUR[LPDWHO\


 )LQDQFLDO3ROLFLHV6WDWHPHQW7KH&$2DGGLWLRQDOO\UHSRUWVWKDWDV
 FRPSHQVDWLRQLVSURYLGHGWRVXSSRUWWKHDFWXDOH[SHQGLWXUHVIRU
 GHSDUWPHQWVXQGHUWKH$JUHHPHQWWKHUHFRPPHQGDWLRQLQWKHUHSRUW




 Tuesday - June 20, 2023 - PAGE 15
 FRPSOLHVZLWKWKH&LW\¶V)LQDQFLDO3ROLFLHV


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 
 %8'*(7),1$1&($1',1129$7,21&200,77((5(3257UHODWLYHWR
 WKHVHOHFWLRQRIPXQLFLSDODGYLVRUVIRUWKH&LW\¶VYDULRXVGHEWSURJUDPV

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQ

  $33529(WKHIROORZLQJTXDOLILHGOLVWRIVHYHQILUPVWRSURYLGH
 PXQLFLSDODGYLVRU\VHUYLFHVDVQHHGHGIRUWKH&LW\¶VYDULRXVGHEW
 SURJUDPVPDQDJHGE\WKH&LW\$GPLQLVWUDWLYH2IILFHU &$2 IRUD
 WKUHH\HDUWHUPZLWKWZRRSWLRQDORQH\HDUH[WHQVLRQV

 D )LHOGPDQ5RODSS $VVRFLDWHV,QF


 E .113XEOLF)LQDQFH//&


 F 0RQWDJXH'H5RVHDQG$VVRFLDWHV//&


 G 2PQLFDS*URXS//&


 H 3)0)LQDQFLDO$GYLVRUV//&


 I 3XEOLF5HVRXUFHV$GYLVRU\*URXS,QF


 J 8UEDQ)XWXUHV,QF


  $33529(DQG$87+25,=(WKH&$2WRQHJRWLDWHDQGH[HFXWH
 FRQWUDFWVZLWKDQ\RIWKHDERYHVHYHQILUPVDVQHHGHGLQDQ
 DJJUHJDWHDPRXQWQRWWRH[FHHGPLOOLRQRYHUWKHOLIHRIWKLV




 Tuesday - June 20, 2023 - PAGE 16
 TXDOLILHGOLVWWRVHUYHDVPXQLFLSDODGYLVRUVIRUWKH&LW\¶VYDULRXV
 GHEWSURJUDPVPDQDJHGE\WKH&$2VXEMHFWWRWKHDSSURYDORIWKH
 &LW\$WWRUQH\DVWRIRUP



 )LVFDO,PSDFW6WDWHPHQW7KH&$2UHSRUWVWKDWWKHUHLVQRLPSDFWRQWKH
 *HQHUDO)XQGDVDUHVXOWRIWKHUHFRPPHQGDWLRQVFRQWDLQHGLQWKHUHSRUW
 7KHFRVWRIPXQLFLSDODGYLVRU\VHUYLFHVIRUERQGWUDQVDFWLRQVLQWKH
 YDULRXV&LW\GHEWSURJUDPVLVHVWLPDWHGWREHEHWZHHQDQG
 SHUILQDQFLQJWUDQVDFWLRQGHSHQGLQJRQWKHFRPSOH[LW\RIWKH
 ILQDQFLQJ6XFKFRVWVZLOOEHIXQGHGIURPERQGSURFHHGVXSRQWKH
 VXFFHVVIXOFORVLQJRIDWUDQVDFWLRQ1RQERQGWUDQVDFWLRQZRUNZLOOEH
 SDLGIURPEXGJHWHGERQGDGPLQLVWUDWLYHDFFRXQWVZLWKLQVSHFLDOIXQGVRU
 IURPIXQGVEXGJHWHGLQWKH&DSLWDO)LQDQFH$GPLQLVWUDWLRQ)XQG%XGJHW
 DVDSSURSULDWH


 )LQDQFLDO3ROLFLHV6WDWHPHQW7KH&$2UHSRUWVWKDWWKHUHSRUWLVLQ
 FRPSOLDQFHZLWKWKH&LW\¶VILQDQFLDOSROLFLHV


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG


 7,0(/,0,7),/(-8/<


 /$67'$<)25&281&,/$&7,21-8/<

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 
 +286,1*$1'+20(/(661(66DQG%8'*(7),1$1&($1'
 ,1129$7,21&200,77((6¶5(32576UHODWLYHWRWKHIXQGLQJDQG
 LPSOHPHQWDWLRQRI0HDVXUH8/$ 8QLWHGWR+RXVH/$ 

 $ +286,1*$1'+20(/(661(66&200,77((5(3257

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQ68%-(&7727+(
 $33529$/2)7+(0$<25




 Tuesday - June 20, 2023 - PAGE 17
  $87+25,=(WKH&RQWUROOHUWR

 D (VWDEOLVKDQHZLQWHUHVWEHDULQJIXQGHQWLWOHG³+RXVH
 /$)XQG´IRUWKHUHFHLSWDQGGLVEXUVHPHQWRI8QLWHGWR
 +RXVH/$IXQGVWREHDGPLQLVWHUHGE\WKH/RV$QJHOHV
 +RXVLQJ'HSDUWPHQW /$+' 


 E (VWDEOLVKDQHZDSSURSULDWLRQDFFRXQW1R:&
 8QLWHGWR+RXVH/$$GPLQLVWUDWLRQ5HVHUYHZLWKLQWKH
 $IIRUGDEOH+RXVLQJ7UXVW)XQG1R*


 F 7UDQVIHUZLWKLQWKH$IIRUGDEOH+RXVLQJ
 7UXVW)XQG1R*IURP$FFRXQW1R:
 8QDOORFDWHGWRWKHIROORZLQJDFFRXQWVZKLFKZLOOEH
 UHLPEXUVHGWRWKH$IIRUGDEOH+RXVLQJ7UXVW)XQGE\
 8QLWHGWR+RXVH/$IXQGLQJDVSDUWRIWKH)LVFDO<HDU
 H[SHQGLWXUHSODQ

 $FFRXQW7LWOH $PRXQW
 +RXVLQJ
 : 
 'HSDUWPHQW
 5HLPEXUVHPHQWRI
 : 
 *HQHUDO)XQG&RVW
 8QLWHGWR+RXVH/$
 :& $GPLQLVWUDWLRQ 
 5HVHUYH
 7RWDO 



 G ,QFUHDVHDSSURSULDWLRQVLQWKHDPRXQWRI
 IRUWKHIROORZLQJDFFRXQWVZLWKLQWKH/$+')XQG1R
 

 $FFRXQW 7LWOH $PRXQW
  6DODULHV*HQHUDO 
 6DODULHV$V
  
 1HHGHG
 2IILFHDQG
  
 $GPLQLVWUDWLYH
  /HDVLQJ 




Tuesday - June 20, 2023 - PAGE 18
 7RWDO 



 H ([SHQGIXQGVQRWWRH[FHHGXSRQSURSHU
 GHPDQGRIWKH*HQHUDO0DQDJHU/$+'RUGHVLJQHH


  $87+25,=(WKH*HQHUDO0DQDJHU/$+'RUGHVLJQHHWR
 SUHSDUH&RQWUROOHULQVWUXFWLRQVDQGPDNHQHFHVVDU\WHFKQLFDO
 DGMXVWPHQWVFRQVLVWHQWZLWKWKH0D\RUDQG&RXQFLODFWLRQV
 VXEMHFWWRWKHDSSURYDORIWKH&LW\$GPLQLVWUDWLYH2IILFHU
 &$2 DQG5(48(67WKH&RQWUROOHUWRLPSOHPHQWWKHVH
 LQVWUXFWLRQV


  $87+25,=(E\UHVROXWLRQVXEMHFWWRDOORFDWLRQE\WKH%RDUG
 RI&LYLO6HUYLFH&RPPLVVLRQHUVWKHDGGLWLRQRIWKHIROORZLQJ
 SRVLWLRQVDRQH6HQLRU+RXVLQJ3ODQQLQJDQG(FRQRPLF
 $QDO\VW  ERQH3XEOLF,QIRUPDWLRQ'LUHFWRU, 
  FRQH+RXVLQJ3ODQQLQJDQG(FRQRPLF$QDO\VW 
  GRQH'DWD$QDO\VW,  HRQH3XEOLF5HODWLRQV
 6SHFLDOLVW,  IRQH*UDSKLFV'HVLJQHU,  
 VXEMHFWWRSD\JUDGHGHWHUPLQDWLRQE\WKH&$2(PSOR\HH
 5HODWLRQV'LYLVLRQ (5' IRUWKHSXUSRVHRILQLWLDWLQJWKH
 FUHDWLRQDQGLPSOHPHQWDWLRQSURFHVVRIWKH8QLWHGWR+RXVH
 /$3URJUDPVLQFOXGLQJWKHHVWDEOLVKPHQWRIWKH+RXVH/$
 &LWL]HQV2YHUVLJKW&RPPLWWHHDQG7HQDQW&RXQFLO


  ,16758&7WKH/$+'WRFRRUGLQDWHZLWKWKH3HUVRQQHO
 'HSDUWPHQWDQGWKH&$2¶V(5'WRHVWDEOLVKWKHDSSURSULDWH
 FODVVLILFDWLRQDQGUHODWHGDFWLRQVIRUWKH,QVSHFWRU*HQHUDO
 UROHSRVLWLRQ


 % %8'*(7),1$1&($1',1129$7,21&200,77((5(3257

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQ68%-(&7727+(
 $33529$/2)7+(0$<25

 &21&85ZLWKWKH$SULODFWLRQVRIWKH+RXVLQJDQG
 +RPHOHVVQHVV&RPPLWWHHDVDPHQGHGZLWKWKHIROORZLQJWHFKQLFDO
 FRUUHFWLRQIRU5HFRPPHQGDWLRQD(VWDEOLVKDQHZLQWHUHVW
 EHDULQJIXQGHQWLWOHG³+RXVHRI/$)XQG´IRUWKHUHFHLSWDQG




Tuesday - June 20, 2023 - PAGE 19
 GLVEXUVHPHQWRI8QLWHG+RXVHRI/$IXQGVWREHDGPLQLVWHUHGE\
 WKH/$+'

 ,16758&7WKH&$2WRUHSRUWEDFNRQWKH/$+RXVLQJ
 'HSDUWPHQWDQG8/$&LWL]HQV2YHUVLJKW&RPPLWWHHUHFRPPHQGHG
 SURJUDPDQGLPSOHPHQWDWLRQJXLGHOLQHV



 )LVFDO,PSDFW6WDWHPHQW7KH&$2UHSRUWVWKDWWKHUHLVQRLPSDFWWRWKH
 *HQHUDO)XQGDVDUHVXOWRIWKHUHFRPPHQGDWLRQVLQWKHUHSRUW,I
 DXWKRUL]HGIXQGLQJIURPWKH$IIRUGDEOH+RXVLQJ7UXVW)XQG1R*ZLOO
 EHXWLOL]HGWRIURQWIXQGWKHFRVWRIWKHUHVRXUFHVUHTXHVWHGWRODXQFK
 8QLWHGWR+RXVH/$,IWKHOHJDOFKDOOHQJHVDUHUHVROYHGLQWKH&LW\¶VIDYRU
 WKH$IIRUGDEOH+RXVLQJ7UXVW)XQGZLOOEHUHLPEXUVHGE\8QLWHGWR+RXVH
 /$IXQGLQJDVSDUWRIWKH)LVFDO<HDUH[SHQGLWXUHSODQ,IOHJDO
 FKDOOHQJHVDUHQRWUHVROYHGLQWKH&LW\¶VIDYRUWKH/$+'ZLOODEVRUEWKH
 RQJRLQJFRVWVRIWKHUHTXHVWHGSRVLWLRQVZLWKLQLWVH[LVWLQJIXQGVRQDQ
 RQJRLQJEDVLV


 &RPPXQLW\,PSDFW6WDWHPHQW<HV
 )RU1RUWK+ROO\ZRRG:HVW1HLJKERUKRRG&RXQFLO


 $GRSWHG0RWLRQ %OXPHQILHOG±+HUQDQGH] 6(($77$&+('
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 
 %8'*(7),1$1&($1',1129$7,21&200,77((5(3257UHODWLYHWR
 DUHTXHVWWRWUDQVIHUIXQGVIURPWKH8QDSSURSULDWHG%DODQFHIRU)LQDQFLDO
 0DQDJHPHQW6\VWHPXVHUWUDLQLQJDQGUHSRUWFRQYHUVLRQ

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ68%-(&7727+($33529$/2)
 7+(0$<25


  7 5 $ 1 6 ) ( 5  D Q G  $ 3 3 5 2 3 5 , $ 7 (             I U R P  W K H
 8QDSSURSULDWHG%DODQFHOLQHLWHP1R)067UDLQLQJ)XQG1R
 WR&RQWUROOHU&RQWUDFWXDO6HUYLFHV$FFRXQW)XQG1R
 $FFRXQW1R




 Tuesday - June 20, 2023 - PAGE 20
  ,16758&7WKH&LW\&OHUNWRSODFHRQWKHDJHQGDRIWKHILUVW
 UHJXODU&RXQFLOPHHWLQJRQ-XO\RUVKRUWO\WKHUHDIWHU
 WKHIROORZLQJLQVWUXFWLRQ

 D 5HDSSURSULDWHXSWRIURPWKHXQHQFXPEHUHG
 EDODQFHZLWKLQWKH&RQWUROOHU V2IILFH&RQWUDFWXDO
 6HUYLFHV$FFRXQW )XQG1R$FFRXQW1R
  LQWKHVDPHDPRXQWDQGLQWRWKHVDPHDFFRXQW
 DVH[LVWRQ-XQHWRIXQGWKH)LQDQFLDO
 0DQDJHPHQW6\VWHP8SJUDGH7UDLQLQJDQG5HSRUW
 &RQYHUVLRQREOLJDWLRQVLQ)LVFDO<HDU



 )LVFDO,PSDFW6WDWHPHQW7KH&RQWUROOHUUHSRUWVWKDWWKHWRWDOFRVWRI
 FRQVLVWVRIIRUWKHWUDLQLQJIXQGLQJDQGIRU
 WKHUHSRUWPLJUDWLRQDQGWHVWLQJSXUSRVH$SSURYDORIWKHVH
 UHFRPPHQGDWLRQVZLOOUHGXFHWKH8QDSSURSULDWHG%DODQFHE\PLOOLRQ


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 6
 %8'*(7),1$1&($1',1129$7,21&200,77((5(3257UHODWLYHWR
 DXWKRUL]LQJWKHWUDQVIHURIIXQGVIURPWKH8QDSSURSULDWHG%DODQFHIRUWKH
 FRQWLQXHGVXSSRUWRIWKH/$%ODFN:RUNHU&HQWHUDVSDUWRIWKH:RUNIRUFH
 (TXLW\'HPRQVWUDWLRQ :(' 3URJUDP

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQ68%-(&7727+($33529$/
 2)7+(0$<25


  $87+25,=(WKHWUDQVIHURIIXQGVLQWKHDPRXQWRIIURP
 WKH8QDSSURSULDWHG%DODQFH)XQG1R$FFRXQW1R
 %ODFN:RUNHUV&HQWHU6WURQJ:RUNIRUFH(TXLW\3URJUDP
 WR)XQG1R$FFRXQW1R&RQWUDFWXDO6HUYLFHVIRU
 WKHFRQWLQXHGVXSSRUWRIWKH/$%ODFN:RUNHU&HQWHUZKLFKFDUULHV




 Tuesday - June 20, 2023 - PAGE 21
 RXWUHFUXLWLQJRXWUHDFKWUDLQLQJXQGHUWKH:('3URJUDP


  $87+25,=(WKH%RDUGRI3XEOLF:RUNV %3: RULWV([HFXWLYH
 2IILFHUWRSURFHVVDQ\WHFKQLFDOFRUUHFWLRQVWKDWPD\EHQHHGHGWR
 HIIHFWXDWHWKHLQWHQWRIWKH&RXQFLO


  ,16758&7WKH&LW\&OHUNWRSODFHRQWKHDJHQGDRIWKHILUVW
 UHJXODU&RXQFLOPHHWLQJRQ-XO\RUVKRUWO\WKHUHDIWHU
 7KHIROORZLQJLQVWUXFWLRQV

 D $SSURYHDQGDXWKRUL]HWKH&RQWUROOHUWRUHDSSURSULDWH
 XSWRZLWKLQ)XQG1R$FFRXQW1R
 &RQWUDFWXDO6HUYLFHV$FFRXQWWREHXVHGIRUD
 FRQWUDFW & ZLWKWKH/$%ODFN:RUNHU&HQWHU



 )LVFDO,PSDFW6WDWHPHQW7KH%3: U HSRU WVWKDWWKHWU D QV IHU RI
 8QDSSURSULDWHG%DODQFHIXQGV  ZLOOSD\IRUVDODU\DQG
 FRQWUDFWXDOVHUYLFHFRVWVUHODWHGWRWKHVXSSRUWDQGLPSOHPHQWDWLRQRIWKH
 'HSDUWPHQWRI3XEOLF:RUNV¶:('3URJUDP


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 6
 &' %8'*(7),1$1&($1',1129$7,21&200,77((5(3257UHODWLYHWR
 %XGJHW0RWLRQ +XWW/HH WRDGGUHVROXWLRQDXWKRULW\ZLWKRXW
 IXQGLQJIRUHLJKWVWDIISRVLWLRQVUHODWHGWRVXSSOHPHQWDOWUHHWULPPLQJLQ
 &RXQFLO'LVWULFW

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQSXUVXDQWWR0RWLRQ +XWW±/HH 
 $''UHVROXWLRQDXWKRULW\ZLWKRXWIXQGLQJIRURQH7UHH6XUJHRQ6XSHUYLVRU
 ORQH(TXLSPHQW2SHUDWRURQH+HDY\'XW\7UXFN2SHUDWRUWKUHH7UHH
 6XUJHRQVDQGWZR7UHH6XUJHRQ$VVLVWDQWVIRUVXSSOHPHQWDOWUHH
 WULPPLQJLQ&RXQFLO'LVWULFWZLWKWKHXQGHUVWDQGLQJWKDWIXQGLQJZLOOEH




 Tuesday - June 20, 2023 - PAGE 22
 SURYLGHGIURPWKH&RXQFLO'LVWULFWSRUWLRQRIWKH&RXQFLO'LVWULFW
 $%)XQG



 )LVFDO,PSDFW6WDWHPHQW1HLWKHUWKH&LW\$GPLQLVWUDWLYH2IILFHUQRUWKH
 &KLHI/HJLVODWLYH$QDO\VWKDVFRPSOHWHGDILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 
 &' %8'*(7),1$1&($1',1129$7,21&200,77((5(3257UHODWLYHWR
 WUDQVIHUULQJIXQGVIURPWKH&DSLWDO,PSURYHPHQW([SHQGLWXUH3URJUDP
 )XQGWRDQHZDFFRXQW³9LVWD'HO0DU(PHUJHQF\6ORSH5HSDLU´IRUWKH
 VWDELOL]DWLRQRIWKHURDGZD\QHDU6RXWK9LVWD'HO0DU/DQH3OD\D
 'HO5H\&DOLIRUQLD

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQSXUVXDQWWR0RWLRQ 3DUN
 %OXPHQILHOG 68%-(&7727+($33529$/2)7+(0$<25


  (67$%/,6+DQHZFDSLWDOSURMHFWHQWLWOHG³9LVWD'HO0DU
 (PHUJHQF\6ORSH5HSDLU´DQGDSSURSULDWHDQGWUDQVIHU
 ZLWKLQWKH&DSLWDO,PSURYHPHQW([SHQGLWXUH3URJUDP)XQG1R
 IURP³$VLORPDU/DQGVOLGH´$FFRXQW1R:WRDQHZ
 DFFRXQW³9LVWD'HO0DU(PHUJHQF\6ORSH5HSDLU´IRUWKH
 VWDELOL]DWLRQRIWKHURDGZD\QHDU6RXWK9LVWD'HO0DU/DQH
 3OD\D'HO5H\&DOLIRUQLD


  $87+25,=(WKH&LW\$GPLQLVWUDWLYH2IILFHU &$2 WRPDNHDQ\
 WHFKQLFDOFRUUHFWLRQVRUFODULILFDWLRQVWRWKHDERYHLQVWUXFWLRQVLQ
 RUGHUWRHIIHFWXDWHWKHLQWHQWRIWKLV0RWLRQLQFOXGLQJDQ\FRUUHFWLRQV
 DQGFKDQJHVWRIXQGRUDFFRXQWQXPEHUV



 )LVFDO,PSDFW6WDWHPHQW1HLWKHUWKH&$2QRUWKH&KLHI/HJLVODWLYH




 Tuesday - June 20, 2023 - PAGE 23
 $QDO\VWKDVFRPSOHWHGDILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 6
 %8'*(7),1$1&($1',1129$7,21&200,77((5(3257$1'
 25',1$1&(),567&216,'(5$7,21UHODWLYHWRHVWDEOLVKLQJ)LVFDO<HDU
 WD[OHY\IRU&RPPXQLW\)DFLOLWLHV'LVWULFW1R /HJHQGVDW
 &DVFDGHV 

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ68%-(&7727+($33529$/2)
 7+(0$<25
 35(6(17DQG$'237WKHDFFRPSDQ\LQJ25',1$1&(GDWHG-XQH
 UHODWLYHWRHVWDEOLVKLQJ)LVFDO<HDUWD[OHY\IRU&LW\RI/RV
 $QJHOHV&RPPXQLW\)DFLOLWLHV'LVWULFW1R /HJHQGVDW&DVFDGHV 



 )LVFDO,PSDFW6WDWHPHQW1RQHVXEPLWWHGE\WKH&LW\$WWRUQH\1HLWKHUWKH
 &LW\$GPLQLVWUDWLYH2IILFHUQRUWKH&KLHI/HJLVODWLYH$QDO\VWKDV
 FRPSOHWHGDILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 $GRSWHGWR5HFRQVLGHU,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH




 Tuesday - June 20, 2023 - PAGE 24
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 %8'*(7),1$1&($1',1129$7,21&200,77((5(3257DQG
 25',1$1&(),567&216,'(5$7,21UHODWLYHWRHVWDEOLVKLQJ)LVFDO<HDU
 WD[OHY\IRU&RPPXQLW\)DFLOLWLHV'LVWULFW1R 3RQWH9LVWD 

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ68%-(&7727+($33529$/2)
 7+(0$<25
 35(6(17DQG$'237WKHDFFRPSDQ\LQJ25',1$1&(GDWHG-XQH
 UHODWLYHWRHVWDEOLVKLQJ)LVFDO<HDUWD[OHY\IRU&LW\RI/RV
 $QJHOHV&RPPXQLW\)DFLOLWLHV'LVWULFW1R 3RQWH9LVWD 



 )LVFDO,PSDFW6WDWHPHQW1RQHVXEPLWWHGE\WKH&LW\$WWRUQH\1HLWKHUWKH
 &LW\$GPLQLVWUDWLYH2IILFHUQRUWKH&KLHI/HJLVODWLYH$QDO\VWKDV
 FRPSOHWHGDILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 $GRSWHGWR5HFRQVLGHU,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 %8'*(7),1$1&($1',1129$7,21&200,77((5(3257DQG
 25',1$1&(),567&216,'(5$7,21UHODWLYHWRHVWDEOLVKLQJ)LVFDO<HDU
 WD[OHY\IRU&RPPXQLW\)DFLOLWLHV'LVWULFW1R 3OD\D9LVWD3KDVH




 Tuesday - June 20, 2023 - PAGE 25
 

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ68%-(&7727+($33529$/2)
 7+(0$<25
 35(6(17DQG$'237WKHDFFRPSDQ\LQJ25',1$1&(GDWHG-XQH
 UHODWLYHWRHVWDEOLVKLQJ)LVFDO<HDUWD[OHY\IRU&LW\RI/RV
 $QJHOHV&RPPXQLW\)DFLOLWLHV'LVWULFW1R 3OD\D9LVWD3KDVH 



 )LVFDO,PSDFW6WDWHPHQW1RQHVXEPLWWHGE\WKH&LW\$WWRUQH\1HLWKHUWKH
 &LW\$GPLQLVWUDWLYH2IILFHUQRUWKH&KLHI/HJLVODWLYH$QDO\VWKDV
 FRPSOHWHGDILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 $GRSWHGWR5HFRQVLGHU,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 
 (&2120,&$1'&20081,7<'(9(/230(17&200,77((5(3257
 UHODWLYHWRWKHSXEOLFEDQNIRUPDWLRQSURFHVV

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ

 ,16758&7WKH&LW\$GPLQLVWUDWLYH2IILFHU &$2 DQG&KLHI/HJLVODWLYH
 $QDO\VW &/$ WR

 D ,GHQWLI\DQGUHSRUWLQWKHXSFRPLQJ)LQDQFLDO6WDWXV5HSRUWZLWK
 IXQGLQJLQWKHDPRXQWRIIRUFRQVXOWDQWVHUYLFHVQHHGHGWR




 Tuesday - June 20, 2023 - PAGE 26
 FRQGXFWSROLF\ILVFDODQGHFRQRPLFDQDO\VHVIRUD3KDVH,VWXG\
 UHODWHGWRWKHIRUPDWLRQRIDSXEOLFEDQNVHUYLQJWKH&LW\RI/RV
 $QJHOHV


 E 5HFRPPHQGVXLWDEOHIXQGLQJVRXUFHVIRUVDLG3KDVH,VWXG\



 )LVFDO,PSDFW6WDWHPHQW1RQHVXEPLWWHGE\WKH&/$1HLWKHUWKH&$2
 QRUWKH&/$KDVFRPSOHWHGDILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW<HV
 )RU
 %R\OH+HLJKWV1HLJKERUKRRG&RXQFLO
 &HQWUDO+ROO\ZRRG1HLJKERUKRRG&RXQFLO
 &HQWUDO6DQ3HGUR1HLJKERUKRRG&RXQFLO
 (DVW+ROO\ZRRG1HLJKERUKRRG&RXQFLO
 (DJOH5RFN1HLJKERUKRRG&RXQFLO
 (FKR3DUN1HLJKERUKRRG&RXQFLO
 (PSRZHUPHQW&RQJUHVV:HVW$UHD1HLJKERUKRRG'HYHORSPHQW&RXQFLO
 +LVWRULF+LJKODQG3DUN1HLJKERUKRRG&RXQFLO
 0LG&LW\:(671HLJKERUKRRG&RXQFLO
 1RUWK+ROO\ZRRG1RUWKHDVW1HLJKERUKRRG&RXQFLO
 3DOPV1HLJKERUKRRG&RXQFLO
 6LOYHU/DNH1HLJKERUKRRG&RXQFLO
 +ROO\ZRRG6WXGLR'LVWULFW1HLJKERUKRRG&RXQFLO
 $UUR\R6HFR1HLJKERUKRRG&RXQFLO
 5HVHGD1HLJKERUKRRG&RXQFLO
 $WZDWHU9LOODJH1HLJKERUKRRG&RXQFLO
 )RU,I$PHQGHG
 (PSRZHUPHQW&RQJUHVV1RUWK$UHD1'&
 $JDLQVW
 1RUWKULGJH:HVW1HLJKERUKRRG&RXQFLO


$GRSWHG,WHP
$\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
5RGULJXH] 




 Tuesday - June 20, 2023 - PAGE 27
 6
 75$163257$7,21&200,77((5(3257UHODWLYHWRWKHUHDSSRLQWPHQW
 RI9LJJHQ'DYLGLDQWRWKH%RDUGRI7UDQVSRUWDWLRQ&RPPLVVLRQHUVIRUWKH
 WHUPHQGLQJ-XQH

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 5(62/9(WKDWWKH0D\RU VUHDSSRLQWPHQWRI9LJJHQ'DYLGLDQWRWKH
 %RDUGRI7UDQVSRUWDWLRQ&RPPLVVLRQHUVIRUWKHWHUPHQGLQJ-XQH
 LV$33529('DQG&21),50('$SSRLQWHHUHVLGHVLQ&RXQFLO
 'LVWULFW7KUHH &RPSRVLWLRQ) 0 
 )LQDQFLDO'LVFORVXUH6WDWHPHQW)LOHG



 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG


 7,0(/,0,7),/(-8/<


 /$67'$<)25&281&,/$&7,21-8/<

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 
 &' 75$163257$7,21&200,77((5(3257UHODWLYHWRLPSOHPHQWLQJWKH
 ILUVW/RV$QJHOHV3DUN%ORFN3LORWLQ&RXQFLO'LVWULFW

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQSXUVXDQWWR0RWLRQ GH/HyQ±
 %RQLQ 


  ,16758&7WKH/RV$QJHOHV'HSDUWPHQWRI7UDQVSRUWDWLRQ
 /$'27 LQFRRUGLQDWLRQZLWKWKH%XUHDXRI(QJLQHHULQJWR

 D ,GHQWLI\DSLORWORFDWLRQDQGLPSOHPHQWWKHILUVW/RV$QJHOHV
 3DUN%ORFN3LORWLQ&RXQFLO'LVWULFW


 E 5HSRUWLQUHJDUGWRWKHQHFHVVDU\IXQGLQJDQGVWDIILQJ




 Tuesday - June 20, 2023 - PAGE 28
 UHVRXUFHVQHHGHGLQRUGHUWRLPSOHPHQWDGGLWLRQDOSLORW
 ORFDWLRQVDQGVFDOHXSWRDIXOO&LW\ZLGH3DUN%ORFN3URJUDP


  ,16758&7WKH/$'27WRGHYHORSDSXEOLFSDUWLFLSDWLRQDQG
 DSSOLFDWLRQSURFHVVZKLFKZLOOSULRULWL]H3DUN%ORFNVLQFRPPXQLWLHV
 ZLWKWKHOHDVWDPRXQWRIRSHQVSDFHDQGKLJKHVWLQFLGHQWVDRI
 YHKLFOHFROOLVLRQV



 )LVFDO,PSDFW6WDWHPHQW1HLWKHUWKH&LW\$GPLQLVWUDWLYH2IILFHUQRUWKH
 &KLHI/HJLVODWLYH$QDO\VWKDVFRPSOHWHGDILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW<HV
 )RU3DOPV1HLJKERUKRRG&RXQFLO


 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 6
 &' 75$163257$7,21&200,77((5(3257UHODWLYHWRSURKLELWLQJWKH
 SDUNLQJRIYHKLFOHVWKDWDUHLQH[FHVVRIIHHWLQOHQJWKRURYHUIHHWLQ
 KHLJKWGXULQJWKHKRXUVRIDPDQGDPDORQJERWKVLGHVRI
 FHUWDLQVWUHHWVHJPHQWVLQ&RXQFLO'LVWULFW

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQSXUVXDQWWR5HVROXWLRQ 3DUN±/HH 


  5(62/9(SXUVXDQWWR/RV$QJHOHV0XQLFLSDO&RGH6HFWLRQ
 DQG&DOLIRUQLD9HKLFOH&RGH6HFWLRQWRKHUHE\
 SURKLELWWKHSDUNLQJRIYHKLFOHVWKDWDUHLQH[FHVVRIIHHWLQOHQJWK
 RURYHUVHYHQIHHWLQKHLJKWGXULQJWKHKRXUVRIDPDQG
 DPDORQJWKHIROORZLQJVWUHHWVHJPHQWV

 D %RWKVLGHVRI:HVWPLQVWHU$YHQXHEHWZHHQ)HGHUDO$YHQXH
 DQG0F/DXJKOLQ$YHQXH


 E %RWKVLGHVRI*OHQFRH$YHQXHEHWZHHQ0LQGDQDR:D\DQG




 Tuesday - June 20, 2023 - PAGE 29
 $OOD5RDG


 F %RWKVLGHVRI2FHDQ3DUN%RXOHYDUGEHWZHHQ%XQG\'ULYH
 DQG&HQWLQHOD$YHQXH


 G %RWKVLGHVRI:HVWJDWH$YHQXHEHWZHHQ0LVVRXUL$YHQXH
 DQG1HEUDVND$YHQXH


 H 3HUVKLQJ'ULYHEHWZHHQ7DOEHUW6WUHHWDQG0DQLWRED6WUHHW


 I $OYHUQ&LUFOHEHWZHHQ/D7LMHUD%RXOHYDUGDQG)OLJKW$YHQXH

  ',5(&7WKH/RV$QJHOHV'HSDUWPHQWRI7UDQVSRUWDWLRQ /$'27 
 XSRQDSSURYDORIWKLVDFWLRQWRSRVWVLJQVJLYLQJQRWLFHRID³7RZ
 $ZD\1R3DUNLQJ´UHVWULFWLRQIRURYHUVL]HYHKLFOHVZLWKLQWKH
 VSHFLILFKRXUVGHWDLOHGDWWKHORFDWLRQGHWDLOHGDERYHLQ
 5HFRPPHQGDWLRQ1R


  $87+25,=(WKH/$'27WRPDNHWHFKQLFDOFRUUHFWLRQVRU
 FODULILFDWLRQVWRWKHDERYHLQVWUXFWLRQVLQRUGHUWRHIIHFWXDWHWKH
 LQWHQWRIWKLV5HVROXWLRQ



 )LVFDO,PSDFW6WDWHPHQW1HLWKHUWKH&LW\$GPLQLVWUDWLYH2IILFHUQRUWKH
 &KLHI/HJLVODWLYH$QDO\VWKDVFRPSOHWHGDILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+XWW.UHNRULDQ/HH0F2VNHU3DUN
 5DPDQ<DURVODYVN\  1D\V+HUQDQGH]6RWR0DUWtQH]  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 75$163257$7,21&200,77((5(3257UHODWLYHWRSURSRVHG7KLUG
 $PHQGPHQWWR&RQWUDFW1R&ZLWK,OLXP$VVRFLDWHV,QF ,OLXP IRU
 WUDQVLWPDUNHWLQJFXVWRPHURXWUHDFKDQGVXSSRUWVHUYLFHV




 Tuesday - June 20, 2023 - PAGE 30
 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQ


  $33529(WKH7KLUG$PHQGPHQWWR&RQWUDFW1R&ZLWK
 ,OLXPIRUPDUNHWLQJDQGFRPPXQLW\RXWUHDFKDQGSRVWLQJRISXEOLF
 ULJKWRIZD\VLJQVLQVXSSRUWRIWKH&LW\7UDQVLW3URJUDPDQG
 2UGLQDQFHWKURXJK-XQHZLWKD
 LQFUHDVHLQWKHFRVWFHLOLQJIRUDWRWDOFRQWUDFWFHLOLQJRI
 


  ,16758&7WKH*HQHUDO0DQDJHU/RV$QJHOHV'HSDUWPHQWRI
 7UDQVSRUWDWLRQWR

 D 3UHVHQWIXWXUHFRQWUDFWDPHQGPHQWVWRWKH0D\RUWZRPRQWKV
 SULRUWRWKHH[SLUDWLRQRIWKHXQGHUO\LQJFRQWUDFWLIWKH
 DPHQGPHQWUHTXLUHVRQO\0D\RUDODSSURYDODQGIRXUPRQWKV
 SULRUWRWKHH[SLUDWLRQRIWKHXQGHUO\LQJFRQWUDFWLIWKH
 DPHQGPHQWUHTXLUHV&RXQFLODSSURYDO


 E 5HSRUWZLWKLQGD\VLQUHJDUGWRWKHVWDWXVRIWKH5HTXHVWIRU
 3URSRVDOVWRUHSODFHWKHSURJUDPPDQDJHPHQWFRQWUDFWDV
 GHWDLOHGLQWKH0DUFK&LW\$GPLQLVWUDWLYH2IILFHU
 &$2 UHSRUWDWWDFKHGWRWKH&RXQFLO)LOH



 )LVFDO,PSDFW6WDWHPHQW7KH&$2UHSRUWVWKDWWKHUHLVQR*HQHUDO)XQG
 LPSDFW6XIILFLHQWIXQGVH[LVWZLWKLQWKH&LW\3URSRVLWLRQ$/RFDO7UDQVLW
 $VVLVWDQFH)XQG$GRSWHG%XGJHWWRVXSSRUWWKLVFRQWUDFW
 DPHQGPHQW)XQGVVXSSRUWLQJWKLVFRQWUDFWFDQEHUHGXFHGDVQHFHVVDU\
 WRDFFRPPRGDWHSRWHQWLDOIXWXUHUHGXFWLRQVLQWUDQVLWH[SHQGLWXUHVLI
 UHTXLUHG


 )LQDQFLDO3ROLFLHV6WDWHPHQW7KH&$2UHSRUWVWKDWWKHUHFRPPHQGDWLRQV
 FRPSO\ZLWKWKH&LW\ V)LQDQFLDO3ROLFLHVLQWKDWVXIILFLHQWEXGJHWHGIXQGV
 DUHDYDLODEOHWRVXSSRUWSURSRVHGH[SHQGLWXUHV


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG


 7,0(/,0,7),/(-8/<




Tuesday - June 20, 2023 - PAGE 31
 /$67'$<)25&281&,/$&7,21-8/<

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 6
 75$'(75$9(/$1'7285,60&200,77((5(3257UHODWLYHWRWKH
 UHDSSRLQWPHQWRI/XFLOOH5R\EDO$OODUGWRWKH%RDUGRI+DUERU
 &RPPLVVLRQHUVIRUWKHWHUPHQGLQJ-XQH

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 5(62/9(WKDWWKH0D\RU¶VUHDSSRLQWPHQWRI/XFLOOH5R\EDO$OODUGWRWKH
 %RDUGRI+DUERU&RPPLVVLRQHUVIRUWKHWHUPHQGLQJ-XQHLV
 $33529('DQG&21),50('$SSRLQWHHFXUUHQWO\UHVLGHVLQ&RXQFLO
 'LVWULFW &XUUHQW&RPSRVLWLRQ0 ) 
 )LQDQFLDO'LVFORVXUH6WDWHPHQW)LOHG



 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG


 7,0(/,0,7),/(-8/<


 /$67'$<)25&281&,/$&7,21-8/<

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 6
 75$'(75$9(/$1'7285,60&200,77((5(3257UHODWLYHWRWKH
 UHDSSRLQWPHQWRI9DQHVVD$UDPD\RWRWKH%RDUGRI$LUSRUW
 &RPPLVVLRQHUVIRUWKHWHUPHQGLQJ-XQH

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 5(62/9(WKDWWKH0D\RU¶VUHDSSRLQWPHQWRI9DQHVVD$UDPD\RWRWKH




 Tuesday - June 20, 2023 - PAGE 32
 %RDUGRI$LUSRUW&RPPLVVLRQHUVIRUWKHWHUPHQGLQJ-XQHLV
 $33529('DQG&21),50('$SSRLQWHHFXUUHQWO\UHVLGHVLQ&RXQFLO
 'LVWULFW &XUUHQW&RPSRVLWLRQ) 0 9DFDQW 
 )LQDQFLDO'LVFORVXUH6WDWHPHQW)LOHG



 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG


 7,0(/,0,7),/(-8/<


 /$67'$<)25&281&,/$&7,21-8/<

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 
 &' (19,5210(17$/,03$&75(3257 (,5 35(9,286/<&(57,),('
 (,5$''(1'80$1'5(/$7('&$/,)251,$(19,5210(17$/
 48$/,7<$&7 &(4$ ),1',1*63/$11,1*$1'/$1'86(
 0$1$*(0(17&200,77((5(32575(62/87,21DQG
 25',1$1&(),567&216,'(5$7,21UHODWLYHWRD*HQHUDO3ODQ
 $PHQGPHQW=RQH&KDQJHDQG+HLJKW'LVWULFW&KDQJHIRUWKHSURSHUWLHV
 ORFDWHGDW±(DVW)ORUL]HO6WUHHW±(DVW0HUFXU\
 $YHQXHDQG±1RUWK0F.HQ]LH$YHQXH

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQ68%-(&7727+($33529$/
 2)7+(0$<25


  ),1'EDVHGRQWKHLQGHSHQGHQWMXGJPHQWRIWKHGHFLVLRQPDNHU
 DIWHUFRQVLGHUDWLRQRIWKHZKROHRIWKHDGPLQLVWUDWLYHUHFRUGWKH
 3URMHFWZDVDVVHVVHGLQWKHSUHYLRXVO\FHUWLILHG(QYLURQPHQWDO
 ,PSDFW5HSRUW1R(19(,5FHUWLILHGRQ1RYHPEHU
 DQGSXUVXDQWWR&(4$*XLGHOLQHV6HFWLRQVDQG
 DQGWKH$GGHQGXPGDWHG$XJXVWWKDWQRPDMRU
 UHYLVLRQVWRWKH(,5DUHUHTXLUHGDQGQRVXEVHTXHQW(,5RU
 QHJDWLYHGHFODUDWLRQLVUHTXLUHGIRUDSSURYDORIWKH3URMHFW




 Tuesday - June 20, 2023 - PAGE 33
  $'237WKH),1',1*6RIWKH/RV$QJHOHV&LW\3ODQQLQJ
 &RPPLVVLRQ /$&3& DVWKH)LQGLQJVRI&RXQFLO


  $'237WKHDFFRPSDQ\LQJ5(62/87,21DVUHFRPPHQGHGE\WKH
 0D\RUDQGWKH/$&3&DSSURYLQJD*HQHUDO3ODQ$PHQGPHQWWR
 WKH1RUWKHDVW/RV$QJHOHV&RPPXQLW\3ODQWRUHGHVLJQDWHWKHODQG
 XVHRIWKHVXEMHFWORWVIURP/RZ5HVLGHQWLDOWR0HGLXP5HVLGHQWLDO


  35(6(17DQG$'237WKHDFFRPSDQ\LQJ25',1$1&(GDWHG
 2FWREHUWRHIIHFWXDWHD=RQHDQG+HLJKW'LVWULFW&KDQJH
 WRPRGLI\WKH=RQHDQG+HLJKW'LVWULFWIRUWKHVXEMHFWORWVIURP
 >4@5 'WR>4@5 WRUHYLVHWKH*HQHUDO3ODQ/DQG8VH
 GHVLJQDWLRQDQG]RQLQJIRUWKHSURSHUWLHVORFDWHGDW±
 (DVW)ORUL]HO6WUHHW±(DVW0HUFXU\$YHQXHDQG±
 1RUWK0F.HQ]LH$YHQXH7KHSURSRVHGDFWLRQGRHVQRW
 LQFOXGHDQ\GHPROLWLRQUHPRGHOFRQVWUXFWLRQRUDOWHUDWLRQRIWKH
 H[LVWLQJVWUXFWXUHVNQRZQDVWKH5RVH+LOO&RXUWV5HGHYHORSPHQW
 3URMHFWDQGGRHVQRWFKDQJHWKH3URMHFWDSSURYHGXQGHU&DVH1R
 &3&'%38%


  ,16758&7WKH'HSDUWPHQWRI&LW\3ODQQLQJWRUHYLVHWKH
 &RPPXQLW\3ODQSXUVXDQWWRWKLVDFWLRQ


  $'9,6(WKHDSSOLFDQWSXUVXDQWWR/RV$QJHOHV0XQLFLSDO&RGH
 6HFWLRQ*

 WKH&RXQFLOPD\GHFLGHWRLPSRVHDSHUPDQHQW4
 &RQGLWLRQLGHQWLILHGRQWKH]RQHFKDQJHPDSE\WKHV\PERO4LQ
 EUDFNHWV7KHUHVKDOOEHQRWLPHOLPLWRQUHPRYDORIWKHEUDFNHWV
 DURXQGWKH>4@4XDOLILHGGHVLJQDWLRQQRURQUHPRYDORIWKH>7@
 7HQWDWLYHGHVLJQDWLRQ$IWHUWKHFRQGLWLRQVRIWKHSHUPDQHQW>4@
 4XDOLILHGFODVVLILFDWLRQKDYHEHHQIXOILOOHGWKHEUDFNHWV
 VXUURXQGLQJWKH4V\PEROVKDOOEHUHPRYHG


  $'9,6(WKHDSSOLFDQWWKDWSXUVXDQWWR&DOLIRUQLD6WDWH3XEOLF
 5HVRXUFHV&RGH6HFWLRQWKH&LW\VKDOOPRQLWRURUUHTXLUH
 HYLGHQFHWKDWPLWLJDWLRQFRQGLWLRQVDUHLPSOHPHQWHGDQG
 PDLQWDLQHGWKURXJKRXWWKHOLIHRIWKHSURMHFWDQGWKH&LW\PD\UHTXLUH
 DQ\QHFHVVDU\IHHVWRFRYHUWKHFRVWRIVXFKPRQLWRULQJ




Tuesday - June 20, 2023 - PAGE 34
  $'9,6(WKHDSSOLFDQWWKDWSXUVXDQWWR6WDWH)LVKDQG*DPH&RGH
 6HFWLRQD)LVKDQG*DPH)HHDQGRU&HUWLILFDWHRI)HH
 ([HPSWLRQLVQRZUHTXLUHGWREHVXEPLWWHGWRWKH&RXQW\&OHUNSULRU
 WRRUFRQFXUUHQWZLWKWKH(QYLURQPHQWDO1RWLFHRI'HWHUPLQDWLRQ
 ILOLQJ


 $SSOLFDQW&LW\RI/RV$QJHOHV
 &DVH1R&3&*3$=&+'
 (QYLURQPHQWDO1R(19(,5$''



 )LVFDO,PSDFW6WDWHPHQW7KH/$&3&UHSRUWVWKDWWKHUHLVQR*HQHUDO
 )XQGLPSDFWDVDGPLQLVWUDWLYHFRVWVDUHUHFRYHUHGWKURXJKIHHV


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG


 7,0(/,0,7),/(-81(


 /$67'$<)25&281&,/$&7,21-81(

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 $GRSWHGWR5HFRQVLGHU,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 
 &' 35(9,286/<&(57,),('(19,5210(17$/,03$&75(3257 (,5 




 Tuesday - June 20, 2023 - PAGE 35
 $''(1'80),1',1*6$1'5(/$7('&$/,)251,$
 (19,5210(17$/48$/,7<$&7 &(4$ ),1',1*63/$11,1*$1'
 /$1'86(0$1$*(0(17&200,77((5(3257DQG25',1$1&(
 ),567&216,'(5$7,21UHODWLYHWRDPHQGLQJWKH/R\ROD0DU\PRXQW
 8QLYHUVLW\ /08 6SHFLILF3ODQIRUWKHSURSHUW\ORFDWHGDW/08'ULYH

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ68%-(&7727+($33529$/2)
 7+(0$<25


  ),1'EDVHGRQWKHLQGHSHQGHQWMXGJPHQWRIWKHGHFLVLRQPDNHU
 DIWHUFRQVLGHUDWLRQRIWKHZKROHRIWKHDGPLQLVWUDWLYHUHFRUGWKH
 3URMHFWZDVDVVHVVHGLQWKHSUHYLRXVO\FHUWLILHG(,51R(19
 (,5FHUWLILHGRQ)HEUXDU\DQGSXUVXDQWWR&(4$
 *XLGHOLQHV6HFWLRQVDQGDQGWKH$GGHQGXPGDWHG
 6HSWHPEHUWKDWQRPDMRUUHYLVLRQVWRWKH(,5DUHUHTXLUHG
 DQGQRVXEVHTXHQW(,5RUQHJDWLYHGHFODUDWLRQLVUHTXLUHGIRU
 DSSURYDORIWKHSURMHFW


  $'237WKH),1',1*6RIWKH/RV$QJHOHV&LW\3ODQQLQJ
 &RPPLVVLRQ /$&3& DVWKH)LQGLQJVRI&RXQFLO


  35(6(17DQG$'237WKHDFFRPSDQ\LQJ25',1$1&(GDWHG
 1RYHPEHUWRDPHQGWKH/086SHFLILF3ODQWRPRGLI\WKH
 SUHYLRXVO\DSSURYHGIORRUDUHDIRU$FDGHPLF$GPLQLVWUDWLYH
 5HVLGHQWLDODQG$WKOHWLF,QGRRUXVHVDQGWRDOORZIRUVXEVHTXHQW
 DGMXVWPHQWVLQWKHGLVWULEXWLRQRIIORRUDUHDDPRQJWKHVHXVHVWKH
 6SHFLILF3ODQ$PHQGPHQWZLOOIXUWKHUSHUPLWWKHUHWHQWLRQ
 UHQRYDWLRQXVHDQGRUFKDQJHRIXVHRIWKHH[LVWLQJVSRUWVSDYLOLRQ
 *HUVWHQ3DYLOLRQ LQFRQMXQFWLRQZLWKDQXSGDWHG7UDIILF'HPDQG
 0DQDJHPHQW3ODQWKH$PHQGPHQWZLOOFRQWLQXHWRSHUPLWWKH
 FRQVWUXFWLRQRIDUHSODFHPHQWVSRUWVSDYLOLRQRQ&DPSXVDV
 SUHYLRXVO\DSSURYHGDQGWKH$PHQGPHQWZLOODOVRHVWDEOLVKD
 GHGLFDWHGFRPSOLDQFHRIILFHUWRIXUWKHUHQKDQFHFRPPXQLFDWLRQV
 ZLWKWKH:HVWFKHVWHUFRPPXQLW\IRUWKHSURSHUW\ORFDWHGDW/08
 'ULYH 7KH$PHQGPHQWZLOOQRWFKDQJHWKHPD[LPXPSHUPLWWHGIORRU
 DUHDRUWKHPD[LPXPWRWDOVWXGHQWHQUROOPHQWIDFXOW\VWDIIDQGRQ
 &DPSXVUHVLGHQWV


 $SSOLFDQW/\QQH6FDUERUR/08




Tuesday - June 20, 2023 - PAGE 36
 5HSUHVHQWDWLYH-RKQ+HLQW]/DWKDP :DWNLQV//3
 &DVH1R&3&63
 (QYLURQPHQWDO1R(19(,5$''



 )LVFDO,PSDFW6WDWHPHQW1RQHVXEPLWWHGE\WKH&LW\$WWRUQH\1HLWKHUWKH
 &LW\$GPLQLVWUDWLYH2IILFHUQRUWKH&KLHI/HJLVODWLYH$QDO\VWKDV
 FRPSOHWHGDILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG3ODQQLQJDQG/DQG8VH0DQDJHPHQW&RPPLWWHHUHSRUW2UGLQDQFHKHOG
 RYHUWR-XQH
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW/HH0F2VNHU3DUN
 5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW.UHNRULDQ3ULFH-U
 5RGULJXH] 

 
 &' +286,1*$1'+20(/(661(66&200,77((5(3257UHODWLYHWRWKH
 VWDWXVRIWKH(OOLV$FWSURFHVVDQGUHORFDWLRQRIWHQDQWVDWWKH%DUULQJWRQ
 3OD]D$SDUWPHQWVORFDWHGDW:LOVKLUH%RXOHYDUGLQ&RXQFLO'LVWULFW
 

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQDVLQLWLDWHGE\0RWLRQ 3DUN±
 .UHNRULDQ 


  ,16758&7WKH/RV$QJHOHV+RXVLQJ'HSDUWPHQW /$+' ZLWKWKH
 DVVLVWDQFHRIRWKHUGHSDUWPHQWVDVQHFHVVDU\WRUHSRUWWR&RXQFLO
 HYHU\GD\VRQWKHVWDWXVRIWKH(OOLV$FWSURFHVVDQGUHORFDWLRQRI
 WHQDQWVDWWKH%DUULQJWRQ3OD]D$SDUWPHQWVORFDWHGDW
 :LOVKLUH%RXOHYDUGLQ&RXQFLO'LVWULFWWKHSURJUHVVWRVDIHJXDUG
 DQHTXLWDEOHGLVWULEXWLRQRIUHORFDWLRQEHQHILWVDQGVHUYLFHVDQGWKH
 ULJKWWRUHWXUQSURFHVVLIDSSOLFDEOHWRHQVXUHWKDWDOOWHQDQWVDUH
 DIIRUGHGWKHEHQHILWVDQGULJKWVHQWLWOHGXQGHUWKH/RV$QJHOHV
 0XQLFLSDO&RGH


  ,16758&7WKH/$+'ZLWKWKHDVVLVWDQFHRIWKH&LW\$WWRUQH\DQG
 DQ\RWKHUUHOHYDQWGHSDUWPHQWVDVQHHGHGWRUHSRUWWR&RXQFLO
 ZLWKLQGD\VRQDOODFWLRQVWKH&LW\FRXOGSRWHQWLDOO\WDNHWR




 Tuesday - June 20, 2023 - PAGE 37
 LQWHUYHQHLQWKLVSURFHVVWRHQVXUHWKDWWHQDQWVDUHQRWSHUPDQHQWO\
 GLVSODFHG


  ,16758&7WKH/RV$QJHOHV'HSDUWPHQWRI%XLOGLQJDQG6DIHW\
 /$'%6 ZLWKWKHDVVLVWDQFHRIWKH/$+'DQGDQ\RWKHUUHOHYDQW
 GHSDUWPHQWVDVQHHGHGWRUHSRUWWR&RXQFLOZLWKLQGD\VRQWKH
 IHDVLELOLW\RIHVWDEOLVKLQJD³EDGDFWRU´SROLF\ZKHUHE\RZQHUVDUH
 XQDEOHWRSXOOSHUPLWVIRUQHZSURMHFWVLIWKHUHLVDUHFRUGRI
 XQUHVROYHGFLWDWLRQVRUGHUVWRFRPSO\DQGRUYLRODWLRQVDWDQ
 H[LVWLQJSURSHUW\


  ,16758&7WKH/$+'ZLWKWKHDVVLVWDQFHRIWKH/$'%6DQGDQ\
 RWKHUUHOHYDQWGHSDUWPHQWVDVQHHGHGWRUHSRUWWR&RXQFLOZLWKLQ
 GD\VZLWKDFRPSUHKHQVLYHOLVWRIDQ\FRGHYLRODWLRQVDWWKH
 %DUULQJWRQ3OD]D$SDUWPHQWVRYHUWKHODVWWHQ\HDUV7KHUHSRUW
 VKRXOGLQFOXGHZKDWKDSSHQHGDIWHUWKHSUHYLRXVFRGHYLRODWLRQVDQG
 WKHILUHVWKDWWRRNSODFHDWWKH%DUULQJWRQ3OD]D$SDUWPHQWV



 )LVFDO,PSDFW6WDWHPHQW1HLWKHUWKH&LW\$GPLQLVWUDWLYH2IILFHUQRUWKH
 &KLHI/HJLVODWLYH$QDO\VWKDVFRPSOHWHGDILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 
 +286,1*$1'+20(/(661(66&200,77((5(3257UHODWLYHWRWKH
 &LW\ VLPPHGLDWHDQGORQJWHUPUROHLQWKH&RPPXQLW\$VVLVWDQFH
 5HFRYHU\DQG(PSRZHUPHQW &$5( &RXUW3URJUDP

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQSXUVXDQWWR0RWLRQ 3DUN±
 .UHNRULDQ 
 ,16758&7WKH&LW\$GPLQLVWUDWLYH2IILFHU &$2 ZLWKDVVLVWDQFHRIWKH
 &LW\$WWRUQH\WKH/RV$QJHOHV+RPHOHVV6HUYLFHV$XWKRULW\WKH&KLHI
 /HJLVODWLYH$QDO\VW &/$ DQGRWKHUGHSDUWPHQWVDVDSSURSULDWHWR




 Tuesday - June 20, 2023 - PAGE 38
 LQYHVWLJDWHDQGUHSRUWWR&RXQFLORQWKH&LW\ VLPPHGLDWHDQGORQJWHUP
 UROHLQWKH&$5(&RXUWSURJUDPZLWKLQGD\V




 )LVFDO,PSDFW6WDWHPHQW1HLWKHUWKH&$2QRUWKH&/$KDVFRPSOHWHGD
 ILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW<HV
 )RU6KHUPDQ2DNV1HLJKERUKRRG&RXQFLO


 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 6
 &' +286,1*$1'+20(/(661(66&200,77((5(3257UHODWLYHWR
 GHYHORSLQJDQDIIRUGDEOHKRXVLQJSURMHFWRQWKH&LW\RZQHGSURSHUW\
 ORFDWHGDW0DQFKHVWHU$YHQXHLQ&RXQFLO'LVWULFWLQFRQIRUPDQFH
 ZLWKWKH&LW\¶V$VVHW(YDOXDWLRQ)UDPHZRUNDQG$IIRUGDEOH+RXVLQJ
 2SSRUWXQLW\6LWH5HYLHZ3URFHVV

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQSXUVXDQWWR0RWLRQ 3DUN±5DPDQ 
 ,16758&7WKH&LW\$GPLQLVWUDWLYH2IILFHU &$2 ZLWKWKHDVVLVWDQFHRI
 WKH&KLHI/HJLVODWLYH$QDO\VW &/$ WKH/RV$QJHOHV+RXVLQJ
 'HSDUWPHQWWKH'HSDUWPHQWRI&LW\3ODQQLQJWKH'HSDUWPHQWRI*HQHUDO
 6HUYLFHVDQGDQ\RWKHUUHOHYDQWGHSDUWPHQWVWRLQLWLDWHDUHYLHZRIWKH
 &LW\RZQHGSURSHUW\ORFDWHGDW0DQFKHVWHU$YHQXHLQ&RXQFLO
 'LVWULFWWKURXJKWKHXVHRIWKH&LW\¶V$VVHW(YDOXDWLRQ)UDPHZRUNWR
 GHWHUPLQHDQGUHSRUWWR&RXQFLOUHJDUGLQJWKHVXLWDELOLW\RIGHYHORSLQJDQ
 DIIRUGDEOHKRXVLQJSURMHFWLQFRQIRUPDQFHZLWKWKHSURFHGXUHVVHWIRUWKLQ
 WKH&LW\¶V$VVHW(YDOXDWLRQ)UDPHZRUNDQG$IIRUGDEOH+RXVLQJ
 2SSRUWXQLW\6LWH5HYLHZ3URFHVV




 )LVFDO,PSDFW6WDWHPHQW1HLWKHUWKH&$2QRUWKH&/$KDVFRPSOHWHGD
 ILQDQFLDODQDO\VLVRIWKLVUHSRUW




 Tuesday - June 20, 2023 - PAGE 39
 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 

 6
 *29(510(1723(5$7,216&200,77((5(3257UHODWLYHWRWKH
 )LIWK&RQVWUXFWLRQ3URMHFWV5HSRUW &35 

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQ68%-(&7727+($33529$/
 2)7+(0$<25

  $ 3 3 5 2 9 (  W K H  U H F R P P H Q G D W L R Q V  F R Q W D L Q H G  L Q  W K H  & L W \
 $GPLQLVWUDWLYH2IILFHU &$2 UHSRUWGDWHG0D\DWWDFKHG
 WRWKH&RXQFLOILOH


  ,16(575HFRPPHQGDWLRQ1RWRUHDGDVIROORZV

 5HVFLQGWKHSULRU&RQWUROOHU VLQVWUXFWLRQVIURPWKH)RXUWK
 &35$GGHQGXP &RXQFLOILOH1R6,WHP* UHODWLYHWRWKH
 UHQRYDWLRQRIWKH2OG)LUH6WDWLRQ1RDQGUHSODFHZLWK
 LQVWUXFWLRQVIRU,WHP%%%%DVQHHGHGWRDGGUHVVDGGLWLRQDOFRVWV
 DVVRFLDWHGZLWKKD]DUGRXVPDWHULDOWHVWLQJDQGDEDWHPHQWZLWKD
 UHYLVHG DPRXQW RI  
 DPRXQWRIUHFRPPHQGHGDVSDUWRIWKH
 WUDQVDFWLRQVUHIOHFWHGLQ$WWDFKPHQW



 )LVFDO,PSDFW6WDWHPHQW7KH&$2UHSRUWVWKDWWUDQVIHUVDSSURSULDWLRQV
 DQGH[SHQGLWXUHDXWKRULW\WRWDOLQJPLOOLRQDUHUHFRPPHQGHGLQWKH
 UHSRUWGDWHG0D\2IWKLVDPRXQWPLOOLRQLVIRUWUDQVIHUV
 DSSURSULDWLRQVDQGH[SHQGLWXUHDXWKRULW\IRUWKH%XUHDXRI6DQLWDWLRQ
 PLOOLRQIRUWKH%XUHDXRI(QJLQHHULQJPLOOLRQIRUWKH
 'HSDUWPHQWRI*HQHUDO6HUYLFHVPLOOLRQIRU%XUHDXRI6WUHHW
 /LJKWLQJDQGPLOOLRQLVIRURWKHU&LW\IXQGV$OOWUDQVIHUVDQG
 DSSURSULDWLRQVDUHEDVHGRQH[LVWLQJIXQGVUHLPEXUVHPHQWVRUUHYHQXHV
 7KHUHLVQRLPPHGLDWH*HQHUDO)XQGLPSDFWIRURSHUDWLRQVDQG
 PDLQWHQDQFHFRVWVDVDUHVXOWRIWKHVHUHFRPPHQGDWLRQV $WWDFKPHQW1R
 




 Tuesday - June 20, 2023 - PAGE 40
 )LQDQFLDO3ROLFLHV6WDWHPHQW7KH&$2UHSRUWVWKDWWKHDFWLRQV
 UHFRPPHQGHGLQWKHUHSRUWFRPSO\ZLWKWKH&LW\¶V)LQDQFLDO3ROLFLHV


 'HEW,PSDFW6WDWHPHQW7KH&$2UHSRUWVWKDWWKHLVVXDQFHRI0XQLFLSDO
 ,PSURYHPHQW&RUSRUDWLRQRI/RV$QJHOHV 0,&/$ GHEWLVD*HQHUDO)XQG
 REOLJDWLRQ7KHLVVXDQFHRI0,&/$IRUWKHUHDXWKRUL]DWLRQRIWKH9LVLRQ
 7KHDWUHSURMHFWZRXOGFDXVHWKH&LW\WRERUURZDWDQ
 DSSUR[LPDWHSHUFHQWLQWHUHVWUDWHRYHU\HDUV7KHLVVXDQFHRI
 0,&/$IRUWKHUHDXWKRUL]DWLRQRIWKH/RV$QJHOHV&RQYHQWLRQ&HQWHU
 ([SDQVLRQSURMHFWZKLFKUHTXLUHVDQDGGLWLRQDOZRXOGFDXVH
 WKH&LW\WRERUURZDWDQDSSUR[LPDWHSHUFHQWLQWHUHVWUDWH
 RYHU\HDUV7KHWRWDOHVWLPDWHGGHEWVHUYLFHIRUWKHSURMHFWVLV
 LQFOXGLQJLQWHUHVWRIDSSUR[LPDWHO\'XULQJWKHOLIH
 RIWKHERQGVWKHHVWLPDWHGDYHUDJHDQQXDOGHEWVHUYLFHLVIRU
 \HDUV$FWXDOLQWHUHVWUDWHVPD\GLIIHUDVUDWHVDUHGHSHQGHQWRQPDUNHW
 FRQGLWLRQVDWWKHWLPHRILVVXDQFH7KH&$2FDQQRWIXOO\SUHGLFWZKDW
 LQWHUHVWUDWHVZLOOEHLQWKHIXWXUH,QDFFRUGDQFHZLWKWKH&LW\ V'HEW
 0DQDJHPHQW3ROLF\WKH&LW\KDVDQHVWDEOLVKHGGHEWFHLOLQJWRXLGHLQ
 HYDOXDWLQJWKHDIIRUGDELOLW\IRUIXWXUHGHEW7KHGHEWFHLOLQJIRUQRQYRWHG
 GLUHFWGHEWDVDSHUFHQWDJHRI*HQHUDO)XQGUHYHQXHVLVSHUFHQW7KH
 3URSRVHG%XGJHWQRQYRWHUDSSURYHGGHEWUDWLRLVSHUFHQW
 7KHLVVXDQFHRIGHEWIRUWKHVHSURMHFWVZLOOQRWFDXVHWKH&LW\WRH[FHHG
 WKHVL[SHUFHQWQRQYRWHUDSSURYHGGHEWOLPLW


 %XGJHW)LQDQFHDQG,QQRYDWLRQ&RPPLWWHHZDLYHGFRQVLGHUDWLRQ
 RIWKHDERYHPDWWHU

 $GRSWHG,WHP)RUWKZLWK
 $\HV%OXPHQILHOG+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH0F2VNHU3DUN
 6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQWGH/HyQ3ULFH-U5DPDQ
 5RGULJXH] 



,WHPVIRUZKLFK3XEOLF+HDULQJV+DYH1RW%HHQ+HOG 9RWHV5HTXLUHGIRU&RQVLGHUDWLRQ

  6
 &' &20081,&$7,21)5207+(/26$1*(/(6+286,1*
 '(3$570(17 /$+' DQG5(62/87,21UHODWLYHWRUHPRYLQJWKH
 SURSHUW\DW6RXWK'HQNHU$YHQXH &DVH1R $VVHVVRU,'
 1RIURPWKH5HQW(VFURZ$FFRXQW3URJUDP 5($3 




 Tuesday - June 20, 2023 - PAGE 41
 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 $33529(WKH/$+'UHSRUWUHFRPPHQGDWLRQGDWHG-XQH
 DWWDFKHGWRWKH&RXQFLOILOHDQG$'237WKHDFFRPSDQ\LQJ5(62/87,21
 UHPRYLQJWKHSURSHUW\DW6RXWK'HQNHU$YHQXH &DVH1R
 $VVHVVRU,'1RIURPWKH5($3



 )LVFDO,PSDFW6WDWHPHQW 1RQHVXEPLWWHGE\WKH/$+'1HLWKHUWKH&LW\
 $GPLQLVWUDWLYH2IILFHUQRUWKH&KLHI/HJLVODWLYH$QDO\VWKDVFRPSOHWHGD
 ILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW 1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 &' &20081,&$7,21)5207+(/26$1*(/(6+286,1*
 '(3$570(17 /$+' DQG5(62/87,21UHODWLYHWRUHPRYLQJWKH
 SURSHUW\DW1RUWK$OWXUD6WUHHW &DVH1R $VVHVVRU,'1R
 IURPWKH5HQW(VFURZ$FFRXQW3URJUDP 5($3 

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 $33529(WKH/$+'UHSRUWUHFRPPHQGDWLRQGDWHG-XQH
 DWWDFKHGWRWKH&RXQFLOILOHDQG$'237WKHDFFRPSDQ\LQJ5(62/87,21
 UHPRYLQJWKHSURSHUW\DW1RUWK$OWXUD6WUHHW &DVH1R
 $VVHVVRU,'1RIURPWKH5($3




 )LVFDO,PSDFW6WDWHPHQW 1RQHVXEPLWWHGE\WKH/$+'1HLWKHUWKH&LW\
 $GPLQLVWUDWLYH2IILFHUQRUWKH&KLHI/HJLVODWLYH$QDO\VWKDVFRPSOHWHGD
 ILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW 1RQHVXEPLWWHG

 $GRSWHG,WHP




 Tuesday - June 20, 2023 - PAGE 42
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 &' &20081,&$7,21)5207+(/26$1*(/(6+286,1*
 '(3$570(17 /$+' DQG5(62/87,21UHODWLYHWRUHPRYLQJWKH
 SURSHUW\DW:HVW+\GH3DUN%RXOHYDUG &DVH1R $VVHVVRU
 ,'1RIURPWKH5HQW(VFURZ$FFRXQW3URJUDP 5($3 

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 $33529(WKH/$+'UHSRUWUHFRPPHQGDWLRQGDWHG-XQH
 DWWDFKHGWRWKH&RXQFLOILOHDQG$'237WKHDFFRPSDQ\LQJ5(62/87,21
 UHPRYLQJWKHSURSHUW\DW:HVW+\GH3DUN%RXOHYDUG &DVH1R
  $VVHVVRU,'1RIURPWKH5($3




 )LVFDO,PSDFW6WDWHPHQW 1RQHVXEPLWWHGE\WKH/$+'1HLWKHUWKH&LW\
 $GPLQLVWUDWLYH2IILFHUQRUWKH&KLHI/HJLVODWLYH$QDO\VWKDVFRPSOHWHGD
 ILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW 1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 
 &20081,&$7,21)5207+(&,7<$77251(<DQG25',1$1&(2)
 ,17(17,21),567&216,'(5$7,21UHODWLYHWRVHWWLQJWKHGDWHIRU
 KHDULQJREMHFWLRQVDJDLQVWWKH$QQXDO:HHGDQG%UXVK$EDWHPHQW
 $VVHVVPHQW5ROO6FKHGXOHIRUORFDWLRQVVWDWHGRQSHUVRQDODSSHDOV
 DWWDFKHGWRWKHILOH

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQSXUVXDQWWR*RYHUQPHQW&RGH
 6HFWLRQVWR68%-(&7727+($33529$/2)7+(
 0$<25
 35(6(17DQG$'237WKHDFFRPSDQ\LQJ25',1$1&(2),17(17,21




 Tuesday - June 20, 2023 - PAGE 43
 GDWHG-XQHHVWDEOLVKLQJ $8*867DVWKHGDWHIRU
 KHDULQJREMHFWLRQVWRWKHSURSRVHGUHPRYDORIZHHGVDQGRUUXEELVK
 UHIXVHDQGGLUWXSRQFHUWDLQVWUHHWVVLGHZDONVSDUNZD\VDQGRURQRULQ
 IURQWRIFHUWDLQSULYDWHSURSHUWLHVLQWKH&LW\RI/RV$QJHOHVDQGDUHD
 SXEOLFQXLVDQFHDQGGHFODULQJ&RXQFLO¶VLQWHQWLRQWRRUGHUWKHDEDWHPHQW
 RIVDLGQXLVDQFH



 )LVFDO,PSDFW6WDWHPHQW1RQHVXEPLWWHGE\WKH&LW\$WWRUQH\1HLWKHUWKH
 &LW\$GPLQLVWUDWLYH2IILFHUQRUWKH&KLHI/HJLVODWLYH$QDO\VWKDV
 FRPSOHWHGDILQDQFLDODQDO\VLVRIWKLVUHSRUW


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 
 &' &20081,&$7,21)5207+(&,7<(1*,1((5UHODWLYHWRWKHILQDOPDS
 RI3DUFHO0DS/$1RORFDWHGDW:HGGLQJWRQ6WUHHW
 HDVWHUO\RI9HVSHU$YHQXH

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 $33529(WKHILQDOPDSRI3DUFHO0DS/$1RORFDWHGDW
 :HGGLQJWRQ6WUHHWHDVWHUO\RI9HVSHU$YHQXHDQGDFFRPSDQ\LQJ
 6XEGLYLVLRQ,PSURYHPHQW$JUHHPHQWDQG&RQWUDFWZLWKVHFXULW\
 GRFXPHQWV
 %RQG1R&
 6XEGLYLGHU:HGGLQJWRQ//&6XUYH\RU1LFN.D]HPL



 )LVFDO,PSDFW6WDWHPHQW7KH&LW\(QJLQHHUUHSRUWVWKDWWKHVXEGLYLGHU
 KDVSDLGDIHHRIIRUWKHSURFHVVLQJRIWKLVILQDOSDUFHOPDS
 SXUVXDQWWR6HFWLRQ %  RIWKH/RV$QJHOHV0XQLFLSDO&RGH1R
 DGGLWLRQDO&LW\IXQGVDUHQHHGHG


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG




 Tuesday - June 20, 2023 - PAGE 44
 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 
 &' &20081,&$7,21)5207+(&,7<(1*,1((5UHODWLYHWRWKHILQDOPDS
 RI3DUFHO0DS/$1RORFDWHGDW6RXWK)HGHUDO$YHQXH
 VRXWKHUO\RI0LVVLVVLSSL$YHQXH

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 $33529(WKHILQDOPDSRI3DUFHO0DS/$1RORFDWHGDW
 6RXWK)HGHUDO$YHQXHVRXWKHUO\RI0LVVLVVLSSL$YHQXHDQG
 DFFRPSDQ\LQJ6XEGLYLVLRQ,PSURYHPHQW$JUHHPHQWDQG&RQWUDFWZLWK
 VHFXULW\GRFXPHQWV
 %RQG1R&
 2ZQHU)HGHUDO//&6XUYH\RU%REE\=5LYHUD



 )LVFDO,PSDFW6WDWHPHQW7KH&LW\(QJLQHHUUHSRUWVWKDWWKHVXEGLYLGHU
 KDVSDLGDIHHRIIRUWKHSURFHVVLQJRIWKLVILQDOSDUFHOPDS
 SXUVXDQWWR6HFWLRQ %  RIWKH/RV$QJHOHV0XQLFLSDO&RGH1R
 DGGLWLRQDO&LW\IXQGVDUHQHHGHG


 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 
 027,21 .5(.25,$1%/80(1),(/' UHODWLYHWRDQHOHFWLRQIRUWKH
 SRVLWLRQRI3UHVLGHQW3UR7HPSRUH

 5HFRPPHQGDWLRQVIRU&RXQFLODFWLRQ

  +2/'DQHOHFWLRQDWWKHQH[WDYDLODEOHFRXQFLOPHHWLQJIRUWKH
 SRVLWLRQRI3UHVLGHQW3UR7HPSRUHSXUVXDQWWRWKH5XOHVRIWKH/RV




 Tuesday - June 20, 2023 - PAGE 45
 $QJHOHV&LW\&RXQFLO


  (/(&7&RXQFLOPHPEHU0DUTXHHFH+DUULV'DZVRQDV3UHVLGHQW
 3UR7HPSRUHDWWKDWHOHFWLRQ


 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 $GRSWHGWR5HFRQVLGHU,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 $GRSWHG,WHP)RUWKZLWK
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 6
 &20081,&$7,21)5207+(0$<25UHODWLYHWRWKHDSSRLQWPHQWRI
 *HRUJH0F*UDZWRWKH%RDUGRI:DWHUDQG3RZHU&RPPLVVLRQHUV

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 5(62/9(WKDWWKH0D\RU¶VDSSRLQWPHQWRI*HRUJH0F*UDZWRWKH%RDUG
 RI:DWHUDQG3RZHU&RPPLVVLRQHUVIRUWKHWHUPHQGLQJ-XQH
 LV$33529('DQG&21),50('$SSRLQWHHFXUUHQWO\UHVLGHVLQ&RXQFLO
 'LVWULFW &XUUHQW&RPSRVLWLRQ) 0 
 )LQDQFLDO'LVFORVXUH6WDWHPHQW)LOHG
 %DFNJURXQG&KHFN3HQGLQJ



 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG


 7,0(/,0,7),/(-8/<




 Tuesday - June 20, 2023 - PAGE 46
 /$67'$<)25&281&,/$&7,21-8/<


 (QHUJ\DQG(QYLURQPHQW&RPPLWWHHZDLYHGFRQVLGHUDWLRQRIWKH
 DERYHPDWWHU

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

 
 &216,'(5$7,212)027,21 <$526/$96.<0F26.(5
 .5(.25,$1 UHODWLYHWRUHTXHVWLQJWKH&KLHI/HJLVODWLYH$QDO\VWLQ
 FRQVXOWDWLRQZLWKWKH(WKLFV'HSDUWPHQWDQGWKH&LW\$WWRUQH\WRUHSRUWRQ
 UHYLVLQJWKH&LW\¶VHWKLFVDQGFRQIOLFWRILQWHUHVWODZVDQGUHODWHGPDWHUV

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 5(48(67WKH&KLHI/HJLVODWLYH$QDO\VWLQFRQVXOWDWLRQZLWKWKH(WKLFV
 'HSDUWPHQWDQGWKH&LW\$WWRUQH\UHSRUWWRWKH&RXQFLOZLWKLQGD\VRQ
 ZKHWKHUDQGKRZWKH&LW\FRXOGDGRSWUHYLVLRQVWRWKHHWKLFVDQGFRQIOLFWRI
 LQWHUHVWODZVWKDWZRXOG

 D 5HTXLUHWKDWDQ\RQHUHJLVWHULQJDVDOREE\LVWGLVFORVHLIWKH\DUHD
 &ORVH5HODWLYHGHILQHGDVWKHVSRXVHUHJLVWHUHGGRPHVWLF
 SDUWQHUSDUHQWRUFKLOGRIWKHOREE\LVWRID&LW\&RXQFLOPHPEHURU
 VWDIISHUVRQRID&RXQFLOPHPEHUWKDWLVUHTXLUHGWRILOHD)RUP
 IRUP FROOHFWLYHO\WKH³5HSRUWLQJ6WDII¶ 



 E 3URKLELWDUHJLVWHUHGOREE\LVWWKDWLVD&ORVH5HODWLYHRID
 &RXQFLOPHPEHURURIDPHPEHURIWKH5HSRUWLQJ6WDIIRID
 &RXQFLOPHPEHUIURPOREE\LQJWKDW&RXQFLORIILFHRQDQ\SURSRVHG
 RUSHQGLQJODQGXVHGHYHORSPHQWSURMHFWWKDWLVORFDWHGLQWKDW
 &RXQFLOPHPEHU¶VGLVWULFW



 F 3URKLELWD&RXQFLOPHPEHURU5HSRUWLQJ6WDIISHUVRQRID
 &RXQFLOPHPEHUIURPFRPPXQLFDWLQJZLWKDUHJLVWHUHGOREE\LVWZKR
 LVDFORVHUHODWLYHRIWKH&RXQFLOPHPEHURURID5HSRUWLQJ6WDII
 SHUVRQRID&RXQFLOPHPEHURQSURSRVHGRUSHQGLQJODQGXVH




 Tuesday - June 20, 2023 - PAGE 47
 GHYHORSPHQWSURMHFWWKDWLVORFDWHGLQWKH&RXQFLOPHPEHU¶VGLVWULFW
 DQGUHTXLUHWKHSURKLELWHGLQGLYLGXDOWKH&RXQFLOPHPEHURUD
 5HSRUWLQJ6WDIISHUVRQWRUHFXVHDQGILOHWKHDSSURSULDWHGLVFORVXUH
 IRUPZLWKWKH&LW\(WKLFV&RPPLVVLRQ



 &RPPXQLW\,PSDFW6WDWHPHQW1RQHVXEPLWWHG


 $G+RF&RPPLWWHHRQ&LW\*RYHUQDQFH5HIRUPZDLYHG
 FRQVLGHUDWLRQRIWKHDERYHPDWWHU

 $GRSWHG,WHP
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 

  
 &216,'(5$7,212)027,21 .5(.25,$15$0$1 UHODWLYHWR/RV
 $QJHOHV$GPLQLVWUDWLYH&RGH /$$& 6HFWLRQUHJDUGLQJWKH
 GHFODUDWLRQRID/RFDO+RXVLQJRU+RPHOHVVQHVV(PHUJHQF\E\WKH0D\RU

 5HFRPPHQGDWLRQIRU&RXQFLODFWLRQ
 5(48(67WKH&LW\$WWRUQH\WRUHYLHZWKHODQJXDJHIRUDQHZ/$$&
 6HFWLRQDWWDFKHGWRWKH0RWLRQIRUIRUPDQGOHJDOLW\DQGSUHSDUH
 DQGSUHVHQWDQ2UGLQDQFHZLWKDQXUJHQF\FODXVHWRHIIHFWXDWHWKLV
 6HFWLRQ


 5XOHV(OHFWLRQV,QWHUJRYHUQPHQWDO5HODWLRQV&RPPLWWHHZDLYHG
 FRQVLGHUDWLRQRIWKHDERYHPDWWHU

 $GRSWHG0RWLRQ .UHNRULDQ±5DPDQ DV$PHQGHGE\0RWLRQ .UHNRULDQ±5DPDQ
 6(($77$&+('

 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN5DPDQ6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U
 5RGULJXH] 


,WHPV&DOOHG6SHFLDO




 Tuesday - June 20, 2023 - PAGE 48
0RWLRQVIRU3RVWLQJDQG5HIHUUDO


&RXQFLO0HPEHUV 5HTXHVWVIRU([FXVHIURP$WWHQGDQFHDW&RXQFLO0HHWLQJV


&ORVHG6HVVLRQ

  
 7KH&LW\&RXQFLOPD\UHFHVVWR&ORVHG6HVVLRQSXUVXDQWWR*RYHUQPHQW
 &RGH6HFWLRQ G  WRFRQIHUZLWKLWVOHJDOFRXQVHOUHODWLYHWRWKH
 FDVHHQWLWOHG =HQRUD&UXVHY&LW\RI/RV$QJHOHVHWDO/RV$QJHOHV
 6XSHULRU&RXUW&DVH1R67&9 7KLVPDWWHUDULVHVIURPDWULS
 DQGIDOODFFLGHQWWKDWRFFXUUHGRQWKHVLGHZDONORFDWHGDW:HVW'RQ
 7RPDVR'ULYHLQ/RV$QJHOHVRQ)HEUXDU\

 %XGJHW)LQDQFHDQG,QQRYDWLRQ&RPPLWWHHFRQVLGHUHGWKLVPDWWHU
 LQ&ORVHG6HVVLRQRQ-XQH

 $GRSWHG0RWLRQ %OXPHQILHOG±3ULFH LQ2SHQ6HVVLRQ6(($77$&+('
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U5DPDQ
 5RGULJXH] 


  
 7KH&LW\&RXQFLOPD\UHFHVVWR&ORVHG6HVVLRQSXUVXDQWWR*RYHUQPHQW
 &RGH6HFWLRQ G  WRFRQIHUZLWKLWVOHJDOFRXQVHOUHODWLYHWRWKH
 FDVHHQWLWOHG7KH3HRSOHRIWKH6WDWHRI&DOLIRUQLDH[UHOHWDOY&LW\RI
 /RV$QJHOHV/RV$QJHOHV&LW\&RXQFLODQG+HUE:HVVRQ/RV$QJHOHV
 6XSHULRU&RXUW&DVH1R67&3 7KLVFDVHFRQFHUQVDFKDOOHQJH
 WR&LW\&RXQFLO¶VDXWKRULW\WRVXVSHQGDQGGHVLJQDWHDWHPSRUDU\
 UHSODFHPHQWIRUDQHOHFWHG&RXQFLOPHPEHUIDFLQJFULPLQDOLQGLFWPHQW

 %XGJHW)LQDQFHDQG,QQRYDWLRQ&RPPLWWHHFRQVLGHUHGWKLVPDWWHU
 LQ&ORVHG6HVVLRQRQ-XQH

 $GRSWHG0RWLRQ %OXPHQILHOG±3ULFH LQ2SHQ6HVVLRQ6(($77$&+('
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U5DPDQ
 5RGULJXH] 




 Tuesday - June 20, 2023 - PAGE 49
 
 7KH&LW\&RXQFLOPD\UHFHVVWR&ORVHG6HVVLRQSXUVXDQWWR*RYHUQPHQW
 &RGH6HFWLRQ G  WRFRQIHUZLWKLWVOHJDOFRXQVHOUHODWLYHWRWKH
 FDVHHQWLWOHG -XDQ&DVWRUHQDY&LW\RI/RV$QJHOHVHWDO/RV$QJHOHV
 6XSHULRU&RXUW&DVH1R67&9 7KLVPDWWHUDULVHVIURPDWULS
 DQGIDOODFFLGHQWRQ-DQXDU\DW5LYHUWRQ$YHQXHLQ1RUWK
 +ROO\ZRRG

 %XGJHW)LQDQFHDQG,QQRYDWLRQ&RPPLWWHHFRQVLGHUHGWKLVPDWWHU
 LQ&ORVHG6HVVLRQRQ-XQH

 $GRSWHG0RWLRQ %OXPHQILHOG±3ULFH LQ2SHQ6HVVLRQ6(($77$&+('
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U5DPDQ
 5RGULJXH] 


 
 7KH&LW\&RXQFLOPD\UHFHVVWR&ORVHG6HVVLRQSXUVXDQWWR*RYHUQPHQW
 &RGH6HFWLRQ G  WRFRQIHUZLWKLWVOHJDOFRXQVHOUHODWLYHWRWKH
 FDVHHQWLWOHG9DOHULH0RUULVY&LW\RI/RV$QJHOHV/RV$QJHOHV6XSHULRU
 &RXUW&DVH1R67&9 7KLVPDWWHUDULVHVIURPDWULSDQGIDOO
 LQFLGHQWWKDWRFFXUUHGRQ2FWREHURQWKHVLGHZDONQHDU
 :DULQJ$YHQXHLQ/RV$QJHOHV

 %XGJHW)LQDQFHDQG,QQRYDWLRQ&RPPLWWHHFRQVLGHUHGWKLVPDWWHU
 LQ&ORVHG6HVVLRQRQ-XQH

 $GRSWHG0RWLRQ %OXPHQILHOG±3ULFH LQ2SHQ6HVVLRQ6(($77$&+('
 $\HV%OXPHQILHOGGH/HyQ+DUULV'DZVRQ+HUQDQGH]+XWW.UHNRULDQ/HH
 0F2VNHU3DUN6RWR0DUWtQH]<DURVODYVN\  1D\V  $EVHQW3ULFH-U5DPDQ
 5RGULJXH] 


 
 7KH&LW\&RXQFLOPD\UHFHVVWR&ORVHG6HVVLRQSXUVXDQWWR*RYHUQPHQW
 &RGH6HFWLRQ G  WRFRQIHUZLWKLWVOHJDOFRXQVHOUHODWLYHWRWKH
 FDVHHQWLWOHG<YRQQH0HQGR]DHWDOY&LW\RI/RV$QJHOHVHWDO8QLWHG
 6WDWHV'LVWULFW&RXUW&DVH1R&9'0* .(6[  7KLVLVD
 SROLFHWRUWFDVHDJDLQVWWKH&LW\RI/RV$QJHOHV

 %XGJHW)LQDQFHDQG,QQRYDWLRQ&RPPLWWHHFRQVLGHUHGWKLVPDWWHU




 Tuesday - June 20, 2023 - PAGE 50
 COMMENDATORY RESOLUTIONS


 MOVED BY SECONDED BY NAME
Mcosker Park Assistant Chief Al Labrada
 No. 23
 MOTION



 I HEREBY MOVE that Council ADOPT the Budget, Finance and Innovation Committee
report dated June 12, 2023 relative to the funding and implementation of Measure ULA (United
to House LA).



 PRESENTED BY___________________________
 BOB BLUMENFIELD
 Councilmember, 3rd District


 SECONDED BY___________________________
 EUNISSES HERNANDEZ
 Councilmember, 1st District




June 20, 2023
CF 23-0038
 No. 53
 AMENDING MOTION



 I HEREBY MOVE that Council AMEND Motion (Krekorian – Raman), relative to Los
Angeles Administrative Code Section 8.33 regarding the declaration of a Local Housing or
Homelessness Emergency by the Mayor, to include the following language:

8.33 (b) ii) (2): There is a citywide increase by more than 20 percent in a single year as
reported in the annual Point-in-Time Count.



 PRESENTED BY___________________________
 PAUL KREKORIAN
 Councilmember, 2nd District


 SECONDED BY___________________________
 NITHYA RAMAN
 Councilmember, 5th District




June 20, 2023
CF 23-0652
 ITEM NO. 54
 6/20/23 Council – Regular Meeting Agenda
 Closed Session
 MOTION

I HEREBY MOVE that the Council ADOPT the following recommendations in order to
effect settlement in the case entitled Zenora Cruse v. City of Los Angeles, et al. Los
Angeles Superior Court Case No. 21STCV43559. (This matter arises from a trip and fall
accident that occurred on the sidewalk located at 4341 West Don Tomaso Drive in Los
Angeles on February 13, 2021.) SUBJECT TO THE APPROVAL OF THE MAYOR:

 1. AUTHORIZE the City Attorney’s Office to expend up to $127,500 in settlement of
 the above-entitled matter.

 2. AUTHORIZE the Controller’s Office to transfer $127,500 from the Liability Claims
 Fund No. 100/59, Account No. 009798, Miscellaneous Liability Payouts, to Fund
 No. 100/59, Account No. 009795, Public Works, Street Services Liability
 Payouts.

 3. AUTHORIZE the City Attorney to draw a demand from Fund No. 100/59, Account
 No. 009795, Public Works, Street Services Liability Payouts as follows: Ellis Law
 Corporation and Zenora Cruse in the amount of $127,500.

 4. AUTHORIZE the City Attorney, or designee, to make necessary technical
 adjustments, subject to the approval of the City Administrative Officer, and
 authorize the Controller to implement the instructions.

This matter was recommended for approval by the Budget, Finance and Innovation
Committee (Blumenfield – Price – Yaroslavsky – McOsker – Rodriguez: “Yes”) at its
meeting held on June 12, 2023, in Closed Session as permitted by Government Code
Section 54956.9(d)(1).




 PRESENTED BY_________________________________
 BOB BLUMENFIELD
 Councilmember, 3rd District


 SECONDED BY _________________________________
 CURREN D. PRICE, JR.
 Councilmember, 9th District

AS 6/12/23
CF 23-0512
 ITEM NO. 55
 6/20/23 Council – Regular Meeting Agenda
 Closed Session
 MOTION

I HEREBY MOVE that the Council ADOPT the following recommendations in order to
effect settlement in the case entitled The People of the State of California, ex rel., et al.,
v. City of Los Angeles, Los Angeles City Council and Herb Wesson. (This case concerns
a challenge to City Council’s authority to suspend and designate a temporary replacement
for an elected councilmember facing criminal indictment.) SUBJECT TO THE
APPROVAL OF THE MAYOR:

 1. AUTHORIZE the City Attorney’s Office to expend up to $350,000 in settlement of
 the above-entitled matter, payable by not later than July 31, 2023.

 2. AUTHORIZE the City Attorney to draw a demand from Fund No. 100/59, Account
 No. 009798, Miscellaneous Liability Payouts as follows: Quinn, Emanuel,
 Urquhart & Sullivan, LLP Client Trust Account in the amount of $350,000,
 payable by not later than July 31, 2023.

 3. AUTHORIZE the City Attorney, or designee, to make necessary technical
 adjustments, subject to the approval of the City Administrative Officer, and
 authorize the Controller to implement the instructions.

This matter was recommended for approval by the Budget, Finance and Innovation
Committee (Blumenfield – Price – Yaroslavsky – McOsker – Rodriguez: “Yes”) at its
meeting held on June 12, 2023, in Closed Session as permitted by Government Code
Section 54956.9(d)(1).




 PRESENTED BY_________________________________
 BOB BLUMENFIELD
 Councilmember, 3rd District


 SECONDED BY _________________________________
 CURREN D. PRICE, JR.
 Councilmember, 9th District

AS 6/12/23
CF 23-0521
 ITEM NO. 56
 6/20/23 Council – Regular Meeting Agenda
 Closed Session
 MOTION

I HEREBY MOVE that the Council ADOPT the following recommendations in order to
effect settlement in the case entitled Juan Castorena v. City of Los Angeles, et al. Los
Angeles Superior Court Case No. 20STCV47247. (This matter arises from a trip and fall
accident on January 4, 2020, at 6233 Riverton Avenue in North Hollywood.) SUBJECT
TO THE APPROVAL OF THE MAYOR:

 1. AUTHORIZE the City Attorney’s Office to expend up to $300,000 in settlement of
 the above-entitled matter.

 2. AUTHORIZE the Controller’s Office to transfer $300,000 from the Liability Claims
 Fund No. 100/59, Account No. 009798, Miscellaneous Liability Payouts, to Fund
 No. 100/59, Account No. 009795, Public Works, Street Services Liability
 Payouts.

 3. AUTHORIZE the City Attorney to draw a demand from Fund No. 100/59, Account
 No. 009795, Public Works, Street Services Liability Payouts as follows: Torklaw,
 APC and Juan Castorena in the amount of $300,000.

 4. AUTHORIZE the City Attorney, or designee, to make necessary technical
 adjustments, subject to the approval of the City Administrative Officer, and
 authorize the Controller to implement the instructions.

This matter was recommended for approval by the Budget, Finance and Innovation
Committee (Blumenfield – Price – Yaroslavsky – McOsker – Rodriguez: “Yes”) at its
meeting held on June 12, 2023, in Closed Session as permitted by Government Code
Section 54956.9(d)(1).




 PRESENTED BY_________________________________
 BOB BLUMENFIELD
 Councilmember, 3rd District


 SECONDED BY _________________________________
 CURREN D. PRICE, JR.
 Councilmember, 9th District

AS 6/12/23
CF 23-0514
 ITEM NO. 57
 6/20/23 Council – Regular Meeting Agenda
 Closed Session
 MOTION

I HEREBY MOVE that the Council ADOPT the following recommendations in order to
effect settlement in the case entitled Valeria Morris v. City of Los Angeles, Los Angeles
Superior Court Case No. 20STCV08646. (This matter arises from a trip and fall incident
that occurred on October 19, 2019, on the sidewalk near 5832 Waring Avenue in Los
Angeles.):

REJECT the Plaintiff’s offer of settlement.

This matter was recommended for approval by the Budget, Finance and Innovation
Committee (Blumenfield – Price – Yaroslavsky – McOsker – Rodriguez: “Yes”) at its
meeting held on June 12, 2023, in Closed Session as permitted by Government Code
Section 54956.9(d)(1).




 PRESENTED BY_________________________________
 BOB BLUMENFIELD
 Councilmember, 3rd District


 SECONDED BY _________________________________
 CURREN D. PRICE, JR.
 Councilmember, 9th District

AS 6/12/23
CF 23-0519
 ITEM NO. 58
 6/20/23 Council – Regular Meeting Agenda
 Closed Session
 MOTION

I HEREBY MOVE that the Council ADOPT the following recommendations in order to
effect settlement in the case entitled Yvonne Mendoza, et al. v. City of Los Angeles, et al.
United States District Court Case No. CV21-04614 DMG (KESx). (This is a police tort
case against the City of Los Angeles.) SUBJECT TO THE APPROVAL OF THE MAYOR:

 1. AUTHORIZE the City Attorney’s Office to expend up to $750,000 in settlement of
 the above-entitled matter.

 2. AUTHORIZE the Controller’s Office to transfer $750,000 from the Liability Claims
 Fund No. 100/59, Account No. 009798, Miscellaneous Liability Payouts, to Fund
 No. 100/59, Account No. 009792, Police Liability Payouts.

 3. AUTHORIZE the City Attorney to draw a demand from Fund No. 100/59, Account
 No. 009792, Police Liability Payouts as follows: Carter Law Firm APC, CBS Law
 Inc., Yvonne Mendoza, Raymund Mendoza, and Marjorie Marino, as
 Administrators of the Estate of Rommel Mendoza in the amount of $750,000.

 4. AUTHORIZE the City Attorney, or designee, to issue payment in July 2023
 (Fiscal Year 2023-24), and make necessary technical adjustments, subject to the
 approval of the City Administrative Officer, and authorize the Controller to
 implement the instructions.

This matter was recommended for approval by the Budget, Finance and Innovation
Committee (Blumenfield – Price – Yaroslavsky – McOsker – Rodriguez: “Yes”) at its
meeting held on June 12, 2023, in Closed Session as permitted by Government Code
Section 54956.9(d)(1).




 PRESENTED BY_________________________________
 BOB BLUMENFIELD
 Councilmember, 3rd District


 SECONDED BY _________________________________
 CURREN D. PRICE, JR.
 Councilmember, 9th District

AS 6/12/23
CF 23-0524