Signal Hill — 2023-10-24

a. MAYOR HANSEN WILL PRESENT CERTIFICATES TO THE GRADUATES OF\nTHE SIGNAL HILL LEADERSHIP ACADEMY.

b. THE DIVERSITY COALITION COMMITTEE WILL PROVIDE AN UPDATE ON\nTHE CULTURAL FESTIVAL WHICH TOOK PLACE ON SATURDAY,\nSEPTEMBER 23, 2023.

c. THE SIGNAL HILL HISTORICAL SOCIETY WILL PROVIDE A\nPRESENTATION ON ITS FUNDING PLAN AND PROPOSAL FOR A PUBLIC\nARTWORK INSTALLATION AT HERITAGE POINT PARK.

d. CHIEF ROBERTSON WITH THE LOS ANGELES COUNTY FIRE\nDEPARTMENT WILL PROVIDE A GENERAL OVERVIEW OF FIRE\nSERVICES, CALLS, AND RESPONSE TIMES FOR FIRE STATION 60 IN\nSIGNAL HILL.

e. THE PARKS, RECREATION AND LIBRARY SERVICES DIRECTOR WILL\nINTRODUCE THE NEW MANAGEMENT ASSISTANT, ALYSSA\nCHRISTENSON.

f. CITY LIBRARIAN CHARLES HUGHES WILL PROVIDE A PRESENTATION\nABOUT LIBRARY PROGRAMS COMMEMORATING NATIVE AMERICAN\nHERITAGE MONTH.

a. INTRODUCTION OF AN ORDINANCE TO REDESIGN THE CITY SEAL\nSummary:\nThe City of Signal Hill was incorporated in April 1924. To recognize the City’s\nupcoming centennial milestone, the City Council formed the Centennial\nCelebration Committee (Committee) in January 2022. The Committee\ncollectively desired to propose a redesign of the current City seal. As such, staff\nis proposing a redesigned City seal for City Council consideration and\nintroduction of an Ordinance to effectuate the adoption of the new City seal as\nrequired by the Signal Hill Municipal Code (SHMC).\nRecommendations:\n1.) Review and approve the redesigned proposed City Seal; and,\n2.) Introduce an ordinance, entitled:\nAN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SIGNAL\nHILL, CALIFORNIA, AMENDING SECTION 1.02.010 AND SECTION\n1.02.020 OF CHAPTER 1.02 OF THE SIGNAL HILL MUNICIPAL CODE\nRELATING TO THE CITY SEAL.\nStrategic Plan Goal(s):\nGoal No. 5 High-Functioning Government: Strengthen internal communication,\nrecruitment, retention, systems, and processes to increase the\neffectiveness and efficiency of City services.

a. RESOLUTIONS AMENDING THE CITY’S INVESTMENT POLICY\nSummary:\nThe City Council, also acting as the City Council as Successor Agency\n(Successor Agency), will consider amending the City’s Investment Policy to\nprovide greater diversification of the City’s investment portfolio and update the\npolicy to conform to recent legislative changes. To provide greater investment\ndiversification, City Council will consider approving a resolution authorizing the\nCity of Signal Hill to join with other public agencies as a Shareholder of the\nCalifornia Asset Management Trust, a joint powers authority (JPA), to invest in\nshares of the Trust also known as California Asset Management Program\n(CAMP). Shareholders may choose to join as an Investor or a Participant; both\nreceive the same investment results, but only Participants are members of the\nJPA. The City Council will also consider authorizing an update to the investment\npolicy language due to recent legislative changes. In addition, the City Council\nas Successor Agency will consider amending a companion policy addressing\nSuccessor Agency funds.\nStrategic Plan Goal(s):\nGoal No. 1 Financial Stability: Ensure the City’s long-term financial stability\nand resilience.\nRecommendations:\nA. City Council to adopt a resolution, entitled:\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SIGNAL HILL,\nCALIFORNIA, AMENDING ITS INVESTMENT POLICY FOR PUBLIC\nFUNDS\nB. Successor Agency to adopt a resolution, entitled:\nA RESOLUTION OF THE CITY COUNCIL AS SUCCESSOR AGENCY OF\nTHE CITY OF SIGNAL HILL, CALIFORNIA, AMENDING ITS INVESTMENT\nPOLICY FOR PUBLIC FUNDS\nC. Approve the authorization to allow the City of Signal Hill to join as a\nparticipating shareholder of the California Asset Management Trust, a joint\npowers authority, to invest in shares of the Trust also known as CAMP.

a. PROFESSIONAL CONSULTANT SERVICES AGREEMENT WITH BUREAU\nVERITAS TECHNICAL ASSESSMENTS LLC FOR THE PREPARATION OF A\nFACILITIES MASTER PLAN\nSummary:\nThe City Council will consider authorizing the City Manager to enter into a\nProfessional Consultant Services Agreement with Bureau Veritas Technical\nAssessments LLC (BVTA) to prepare the City’s first Facilities Master Plan (FMP)\nfor a cost of $50,937.05; authorize the Public Works Director to approve a term\nextension of up to 6 months; and utilize contingency of $25,000 for the\npreparation of updated as-built facility system drawings. The FMP aims to\nconduct a thorough evaluation of the City’s facilities and develop a concise set\nof objectives, policies, and routine maintenance schedules across all City\nfacilities. The goal is to ensure the longevity and optimal condition of City\nfacilities, including mechanical and electrical systems. This proposed plan would\nassist the Public Works Building Maintenance Division with identifying and\nprioritizing major repairs necessary to maintain City facilities at a desired service\nlevel. If approved by City Council, the work would begin in November 2023 and\nbe completed by May 2024.\nStrategic Goal(s):\nGoal No. 4 Infrastructure: Maintain and improve the City’s physical\ninfrastructure, water system, and recreational spaces.\nRecommendations:\n1. Authorize the City Manager to enter into a Professional Consultant\nServices agreement with BVTA for the preparation of the Facilities Master\nPlan, for a term of six-months and a not-to-exceed contract amount of\n$50,937.05, in a form approved by the City Attorney; and\n2. Authorize the Public Works Director to utilize a project contingency of\n$25,000 and approve up to a 90-calendar day term extension, for the\npreparation of updated as-built drawings of all system components for\neach facility.

b. AMENDMENT TO MASTER AGREEMENT WITH WELLS FARGO BANK, N.A.\nFOR TREASURY MANAGEMENT SERVICES\nSummary:\nThe City Council will consider entering into an amended Master Agreement with\nWells Fargo Bank, N.A. (Wells Fargo) for the City’s treasury management\nservices with an expiration date of October 2, 2028 to lock in lower service fee\npricing through the stated term.\nStrategic Plan Goal(s):\nGoal No. 1 Financial Stability: Ensure the City’s long-term financial stability\nand resilience.\nRecommendation:\nAuthorize the City Manager, or designee, to enter into an amended Master\nAgreement with Wells Fargo Bank, N.A. for treasury management services and\nrelated fees, retroactive to October 1, 2023, and expiring on October 2, 2028, in\na form approved by the City Attorney.

c. SCHEDULE OF INVESTMENTS AND MONTHLY TRANSACTION REPORT\nSummary:\nThe Schedule of Investments is a listing of all surplus funds invested for both the\nCity and the Successor Agency to the former Signal Hill Redevelopment Agency\nas of the date shown on the report. The monthly transaction report provides the\nchanges in investments for the prior month.\nStrategic Goal(s):\nGoal No. 1 Financial Stability: Ensure the City’s long-term financial stability\nand resilience.\nRecommendation:\nReceive and file.

d. WARRANT REGISTER DATED OCTOBER 24, 2023\nSummary:\nThe Warrant Register is a listing of all general disbursements issued since the\nprior warrant register and warrants to be released upon City Council approval.\nStrategic Plan Goal(s):\nGoal No. 1 Financial Stability: Ensure the City’s long-term financial stability\nand resilience.\nRecommendation:\nAuthorize payment of the Warrant Register dated October 24, 2023.

a. A CLOSED SESSION WILL BE HELD PURSUANT TO GOVERNMENT CODE\nSECTION 54957.6, CONFERENCE WITH LABOR NEGOTIATORS.\nAGENCY DESIGNATED NEGOTIATORS: MAYOR AND CITY MANAGER\nEMPLOYEE ORGANIZATION: SIGNAL HILL POLICE OFFICERS’\nASSOCIATION

b. A CLOSED SESSION WILL BE HELD PURSUANT TO GOVERNMENT CODE\nSECTION 54956.9(D)(2).\nCONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION.\nSIGNIFICANT EXPOSURE TO LITIGATION.\nNUMBER OF POTENTIAL CASES: 2