WEST VALLEY SANITATION DISTRICT · 6/12/2019 · 4 wvsd agenda june 12, 2019 (continued) b....

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WEST VALLEY SANITATION DISTRICT OF SANTA CLARA COUNTY, CALIFORNIA

AGENDA

BOARD OF DIRECTORS REGULAR MEETING

5:00 p.m., Wednesday, June 12, 2019

District Office -- 100 East Sunnyoaks Avenue

Campbell, California (408) 378-2407

Chairperson: Manny Cappello

Vice-Chairperson: Paul Resnikoff

Staff

Recommendation 1. Roll Call. Confirm Quorum ORAL COMMUNICATIONS Information 2. This portion of the meeting is reserved for persons wishing to address the Board on any matter not on the agenda. WRITTEN COMMUNICATIONS Information 3. None.

PUBLIC HEARINGS Action

4. Public hearing and adoption of Ordinance No. 150 - Compensation

of Board Members.

Staff Recommendation: Public hearing and adoption of ORDINANCE NO. 150, AN ORDINANCE OF THE WEST VALLEY SANITATION DISTRICT BOARD OF DIRECTORS AMENDING SECTION 2.030 OF THE DISTRICT ORDINANCE CODE REGARDING COMPENSATION OF BOARD MEMBERS. UNFINISHED BUSINESS

5. None.

CONSENT CALENDAR (Items to be taken in one motion) Action 6. Approval of minutes of previous meeting.

Staff Recommendation: Accept the report.

All items on the agenda are subject to action or change by the Board of Directors. In compliance with the Americans with Disabilities Act,

if you need special assistance to participate in this meeting, please contact the District Secretary at (408) 378-2407.

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WVSD Agenda June 12, 2019 (Continued)

7. Investment of District funds: Report on commingled funds invested

by the County of Santa Clara for West Valley Sanitation District, as of April 30, 2019; and report from County Controller as of March 31, 2019. Staff Recommendation: Accept the report.

8. Consolidated Income and Expense Statement of West Valley Sanitation

District for the period ended April 30, 2019.

Staff Recommendation: Accept the report. 9. Approval of payment of invoices, May 9, 2019 – June 12, 2019.

Staff Recommendation: Approve the payment of invoices. 10. Status report on District goals and manager’s objectives.

Staff Recommendation: Accept the report.

11. Reauthorization of the retiree medical benefits for Fiscal Year 2019-2020.

Staff Recommendation: Approve the renewal of the Post-Retirement

Health Insurance Benefits Policy for Fiscal Year 2019-2020, setting the

maximum monthly benefit at $725.68, the lowest-cost plan available to

the District for each eligible retiree.

12. July – December 2019 Board Meeting schedule.

Staff Recommendation: Adopt the proposed Board Meeting schedule for

July - December 2019, including the cancellation of the July meeting.

13. California Association of Sanitation Agencies Conference, August 21-23,

2019, in San Diego. Staff Recommendation: Authorize directors and executive staff to

attend the California Association of Sanitation Agencies Conference,

August 21-23, 2019, in San Diego, California.

14. Fiscal Year 2019-2020 blanket purchase orders.

Staff Recommendation: Approve the issuance of Fiscal Year 2019-2020

Blanket Purchase Orders of $35,000 and above to the following vendors for

the amounts shown.

Bartle Wells Associates - $60,000

DKF Solutions Group, LLC - $65,000

Owen Equipment Sales - $45,000

WECO Industries, LLC - $75,000

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WVSD Agenda June 12, 2019 (Continued) 15. Surplus vehicle sale – MV78.

Staff Recommendation: Authorization to sell surplus vehicle identified as

MV78 (2008 Ford Fusion) through First Capitol Auction, Inc. (Vallejo, CA)

to the highest bid received.

CLOSED SESSION

16. Conference with Legal Counsel – regarding existing litigation.

(Pursuant to Government Code § 54956.9)

Name of case: County Sanitation District, West Valley Sanitation District,

Cupertino Sanitary District, and The City of Milpitas v. The City of San Jose,

The City of Santa Clara, and Does 1 Through 50, Inclusive,

Santa Clara Superior Court Case No. 18CV325480

17. Evaluation of Public Employment pursuant to Government Code §54957(b).

Agency designated representatives:

Ad Hoc Subcommittee – Director Manny Cappello and Director Paul Resnikoff.

Employee: District Manager and Engineer.

RECONVENE IN OPEN SESSION Information

18. Reconvene in open session and report on items discussed in closed session.

NEW BUSINESS Action

19. Amendments to District’s Merit System Rules and Personnel Practices.

Staff Recommendation: Adopt Resolution No. 19.06.06, RESOLUTION

OF THE BOARD OF DIRECTORS OF WEST VALLEY SANITATION DISTRICT

OF SANTA CLARA COUNTY, CALIFORNIA, AMENDING THE MERIT SYSTEM

RULES AND PERSONNEL PRACTICES.

20. Approval of memoranda of understanding with the District’s two represented

employee bargaining units, effective July 1, 2019 through June 30, 2023. Staff Recommendation:

A. Adoption of Resolution No. 19.06.07, RESOLUTION OF THE BOARD OF

DIRECTORS OF WEST VALLEY SANITATION DISTRICT OF SANTA CLARA

COUNTY, CALIFORNIA, APPROVING A MEMORANDUM OF UNDERSTANDING

BETWEEN WEST VALLEY SANITATION DISTRICT OF SANTA CLARA COUNTY,

CALIFORNIA, AND THE NORTHERN CALIFORNIA REGIONAL COUNCIL OF

CARPENTERS, THE CARPENTERS 46 NORTHERN CALIFORNIA COUNTIES

CONFERENCE BOARD AND THEIR AFFILIATED LOCAL UNIONS, EFFECTIVE

JULY 1, 2019 THROUGH JUNE 30, 2023: OPERATIONS/MAINTENANCE

UNIT AND CLERICAL/TECHNICAL SUB-GROUP.

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WVSD Agenda June 12, 2019 (Continued)

B. Adoption of Resolution No. 19.06.08, RESOLUTION OF THE BOARD OF

DIRECTORS OF WEST VALLEY SANITATION DISTRICT OF SANTA CLARA

COUNTY, CALIFORNIA, APPROVING A MEMORANDUM OF UNDERSTANDING

BETWEEN WEST VALLEY SANITATION DISTRICT OF SANTA CLARA COUNTY,

CALIFORNIA, AND THE NORTHERN CALIFORNIA REGIONAL COUNCIL OF

CARPENTERS, THE CARPENTERS 46 NORTHERN CALIFORNIA COUNTIES

CONFERENCE BOARD AND THEIR AFFILIATED LOCAL UNIONS, EFFECTIVE

JULY 1, 2019 THROUGH JUNE 30, 2023: PROFESSIONAL AND SUPERVISORY UNIT.

21. Report of Ad Hoc Subcommittee on District Manager’s performance and

consideration of compensation adjustments.

Subcommittee Recommendation: Adopt Resolution No. 19.06.09,

RESOLUTION OF THE BOARD OF DIRECTORS OF WEST VALLEY SANITATION

DISTRICT OF SANTA CLARA COUNTY, CALIFORNIA, AMENDING THE DISTRICT

MANAGER AND ENGINEER’S EMPLOYMENT AGREEMENT TO REVISE SECTION

5.1, RELATED TO SALARY, EFFECTIVE JULY 1, 2019. The amended agreement

adjusts the compensation for the District Manager and Engineer by

3.5% increase to the salary beginning with the first pay period in Fiscal

Year 2019-2020. The annual salary will be $279,133.22.

22. Recommendation of compensation for unrepresented employees.

Staff Recommendation: Adopt Resolution No. 19.06.10, RESOLUTION OF

THE BOARD OF DIRECTORS OF WEST VALLEY SANITATION DISTRICT OF

SANTA CLARA COUNTY, CALIFORNIA, AMENDING A COMPENSATION PLAN

FOR WEST VALLEY SANITATION DISTRICT MANAGEMENT (UNREPRESENTED)

EMPLOYEES, EFFECTIVE JULY 1, 2019. Adjusting the compensation for the

Director of Administration and Information Services and the Director of

Engineering and Operation by 3.5% increase to salary beginning with the first

pay period in Fiscal Year 2019-2020. 23. Strategic plan and objectives for Fiscal Year 2019-2020.

Staff Recommendation: Adopt the Annual Objectives and Action Items

for Fiscal Year 2019-2020.

DIRECTORS' ITEMS Information

24. Directors’ reports, announcements, and questions. 25. District Manager’s report.

ADJOURNMENT

26. Adjournment. (Next meeting is scheduled for August 14, 2019, 5:00 p.m.)

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ORDINANCE NO. 150

AN ORDINANCE OF THE WEST VALLEY SANITATION DISTRICT BOARD OF DIRECTORS AMENDING SECTION 2.030 OF THE DISTRICT ORDINANCE CODE

REGARDING COMPENSATION OF BOARD MEMBERS

WHEREAS, the compensation of the District Board of Directors was last adjusted on January 26, 2011 by Ordinance No. 142; and

WHEREAS, the compensation set by Ordinance No. 142 was $150 per meeting; and

WHEREAS, Section 4733 of the Health and Safety Code permits the Board of Directors to increase its compensation in accordance with Chapter 2 (commencing with Section 20200) of Division 10 of the Water Code; and

WHEREAS, Section 20202 of the Water Code permits an increase in Board compensation not to exceed an amount equal to 5 percent, for each calendar year following the operative date of the last adjustment, of the compensation which is received when the ordinance is adopted; and

WHEREAS, the aforementioned statutes allow the Board of Directors to increase its compensation to $210 in accordance with the procedure described in Water Code sections 20201 through 20205 (5% of $150 multiplied by the 8 years since January 2011).

NOW, THEREFORE, IT IS HEREBY ORDAINED by the District Board of Directors of the West Valley Sanitation District of Santa Clara County as follows: Section 1. Section 2.030 of the District’s Ordinance Code is amended to read as follows:

2.030 Compensation of Board Members. The compensation of board members shall be

one hundred fifty two hundred ten dollars $150 $210 for each meeting attended as a

board member either at any regular, special or committee meeting of the board or at the

request of the board. Board members shall be compensated for no more than one (1)

meeting per day. Compensation shall not exceed six (6) meetings on separate days in any

calendar month. Each board member shall be entitled to receive reimbursement of

expenses incurred incident to the attendance of any such meeting.

Section 2. Publication and Public Hearing. Pursuant to Section 20203 of the Water Code, a Notice of Public Hearing was published in a newspaper of general circulation in accordance with Section 6066 of the Government Code. This ordinance shall take effect and be in force sixty days after its final passage.

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ADOPTED at a regular meeting of the Board of Directors on 12th day of June, 2019, by the following vote:

AYES: Directors

NOES: Directors

ABSENT: Directors

ABSTAIN: Directors

______________________________ Chairperson of the Board Attest:

_______________________ Secretary

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WEST VALLEY SANITATION DISTRICT MEMORANDUM DATE: May 1, 2019 TO: Board of Directors FROM: John Bakker, General Counsel SUBJECT: Ordinance No. 150 – Adjustments to Compensation of Board Members ______________________________________________________________________________ Recommendation: A. Waive reading and introduce ORDINANCE NO. 150, AN ORDINANCE OF THE WEST VALLEY

SANITATION DISTRICT BOARD OF DIRECTORS AMENDING SECTION 2.030 OF THE DISTRICT

ORDINANCE CODE REGARDING COMPENSATION OF BOARD MEMBERS.

B. Schedule a public hearing and adoption of Ordinance No. 150 on June 12, 2019

Background: Compensation of members of the District Board of Directors is regulated by Health and Safety Code Section 4733. It limits the per-meeting compensation of Board members to $100 per meeting and allows increases in accordance with Chapter 2 (commencing with Section 20200) of Division 10 of the Water Code.

Section 20202 of the Water Code permits an increase in Board compensation up to an amount equal to 5% per year for each calendar year following the operative date of the last compensation adjustment. The compensation of the Board was last adjusted by Ordinance No. 142, which was adopted on January 26, 2011 and set Board compensation at $150 per meeting. Applying the formula in Section 20202, the Board may increase its compensation per meeting to an amount not to exceed $210. (A California Attorney General Opinion from 2006 interpreted a similar provision to prohibit compounding of increases.)

The existing provisions in Ordinance Code Section 2.030 clarifying which meetings are eligible for compensation and setting a maximum of six compensated meetings per month would remain unchanged in the proposed ordinance.

The Water Code includes a specific procedure for the adoption of ordinances that increase Board compensation. Unlike most ordinances, if the Board would like to consider the proposed ordinance increasing its compensation, it must set a public hearing and give proper notice in accordance with Section 6066 of the Government Code. After holding the public hearing, the Board may adopt the ordinance. The ordinance would then be effective sixty days after enactment. The sixty-day window allows a member of the public to submit a petition for referendum of the ordinance, which would suspend the ordinance and require the Board to either repeal the ordinance or submit it to the voters for approval by a majority vote.

Discussion:

AGENDA ITEM NO. 13 9 05/08/19

Ordinance No. 150 – Adjustments to Compensation of Board Members Page 2 May 1, 2019 The proposed ordinance would revise Section 2.030 of the Ordinance Code, titled “Compensation of Board Members.” The amended text is included below with deletions stricken and additions in italics.

2.030 Compensation of Board Members. The compensation of board members shall be one

hundred fifty two hundred ten dollars $150 $210 for each meeting attended as a board

member either at any regular, special or committee meeting of the board or at the request

of the board. Board members shall be compensated for no more than one (1) meeting per

day. Compensation shall not exceed six (6) meetings on separate days in any calendar

month. Each board member shall be entitled to receive reimbursement of expenses incurred

incident to the attendance of any such meeting.

The Board may decrease the amount of the compensation adjustment but may not exceed $210 per meeting. Attachment: Draft Ordinance No. 150 3219801.1

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BOARD OF DIRECTORS MEETING

May 8, 2019 The Board of Directors of West Valley Sanitation District of Santa Clara County, California, convenes this day in regular session at 5:00 p.m. at the district office, 100 East Sunnyoaks Avenue, Campbell, California. Roll Call 1. Present: Directors – Steve Leonardis, Paul Resnikoff, Rowena Turner, Mike Wasserman, and

Manny Cappello, Chairperson. Absent: Director – None. Staff: Jon Newby, District Manager and Engineer; Edward H. Oyama, Director of Engineering and Operations; John Bakker, District Counsel; and Lesha Luu, Secretary.

Approval of Minutes of Previous Meeting 2. Approve the minutes of the regular meeting of the Board of Directors of April 10, 2019.

Motion by/Second by: Wasserman/Leonardis to approve the minutes of the previous meeting. Motion passed unanimously.

Oral Communications 3. None. Written Communications 4. None. Reports (Items to be taken in one motion)

5. San Jose/Santa Clara Regional Wastewater Facility: Minutes of the February 14, 2019 regular

meetings of the Treatment Plant Advisory Committee. 6. Investment of District funds: Report on commingled funds invested by the County of Santa

Clara for West Valley Sanitation District, as of March 31, 2019. 7. Consolidated Income and Expense Statement of West Valley Sanitation District for the period

ended March 31, 2019.

Motion by/Second by: Leonardis/Wasserman to accept the Reports Items 5 to 7. Motion passed unanimously.



May 8, 2019

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Unfinished Business 8. None

Public Hearings 9. Second Public Hearing to consider the adoption of the District Proposed Budget for Fiscal

Year 2019-2020. A. Open the hearing and receive comments on the West Valley Sanitation District Proposed Budget for Fiscal Year 2019-2020. B. Adopt Resolution No. 19.05.05, RESOLUTION OF THE BOARD OF DIRECTORS OF WEST VALLEY SANITATION DISTRICT OF SANTA

CLARA COUNTY, CALIFORNIA, ADOPTING AN OPERATING BUDGET FOR FISCAL YEAR 2019-2020 BY RATIFYING ESTIMATES OF REVENUES TO BE RECEIVED IN SUCH FUNDS AND

APPROPRIATING MONIES THEREFROM FOR SPECIFIED ACTIVITIES AND ACCOUNTS AND SETTING

FORTH THE CONDITIONS OF ADMINISTERING THE BUDGET, to produce the Fiscal Year 2019-2020 Adopted Budget. The Public Hearing is opened. No public comment has been received.

Motion by/Second by: Leonardis/Turner to close the public hearing and adopt Resolution No. 19.05.05, adopting the Operating Budget for Fiscal Year 2019-2020. Motion passed unanimously.

Consent Calendar (Items to be taken in one motion) 10. Approval of payment of invoices, April 11, 2019– May 8, 2019. Approve the payment of

invoices. 11. Finding and ratification of sewer service rate increase. Motion to make finding that the

proposed Fiscal Year 2019-2020 rate increase is not in excess of the revenue needs of the West Valley Sanitation District and ratify the sewer service and use charges of Fiscal year 2019-2020 as previously adopted and as detailed in Section 10.060 of the Ordinance Code.

12. Surplus vehicle sale – MV67, MV75, and MV77. Authorization to sell the surplus vehicles

identified as MV67 (2002 Vactor Combination Sewer Cleaner), MV75 (2007 Ford Ranger), and MV77 (2007 Ford Focus Wagon) through First Capitol Auction, Inc. (Vallejo, CA) to the highest bids received.

Motion by/Second by: Wasserman/Resnikoff to accept the Consent Calendar Items 10 to 12.

Motion passed unanimously. New Business 13. Ordinance No. 150 – Adjustments to Compensation of Board Members. A. Waive reading

and introduce ORDINANCE NO. 150, AN ORDINANCE OF THE WEST VALLEY SANITATION

DISTRICT BOARD OF DIRECTORS AMENDING SECTION 2.030 OF THE DISTRICT’S ORDINANCE



May 8, 2019

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CODE REGARDING COMPENSATION OF BOARD MEMBERS. B. Schedule a public hearing and adoption of Ordinance No. 150 on June 12, 2019.

District Counsel reported the maximum amount could be increased is $210 per meeting, based

on current amount of $150 with 5% increase per year without compounding since the last change. Staff proposed the Board to waive the reading and introduce the Ordinance at this meeting. Staff will publish a public hearing notice. The item will be reported back at the next meeting for public hearing and final adoption. The ordinance will be effective 60 days after the adoption. It was noted that the increase appears to be a high percentage. However, the proposed increase amount is less than what the stipend was ten years ago, which was $307 prior to February 2011.

Motion by/Second by: Leonardis/Resnikoff to waive reading and introduce Ordinance No. 150 and schedule a public hearing and adoption of the Ordinance on June 12, 2019. Motion passed unanimously.

Closed Session 14. The Board adjourns at 5:04 p.m. to closed session – Conference with Labor Negotiators

(Pursuant to Government Code Section 54957.6). Agency designated representatives: Jesse Lad, Meyers Nave; Employee organizations: Northern California Regional Council of Carpenters, The Carpenters 46 Northern California Counties Conference Board and Their Affiliated Local Unions. The following directors were present: Manny Cappello, Steve Leonardis, Paul Resnikoff, Rowena Turner and Mike Wasserman.

15. Conference with Legal Counsel – regarding existing litigation. (Pursuant to Government

Code § 54956.9) Name of case: County Sanitation District, West Valley Sanitation District, Cupertino Sanitary District, and The City of Milpitas v. The City of San Jose, The City of Santa Clara, and Does 1 Through 50, Inclusive, Santa Clara Superior Court Case No. 18CV325480.

Reconvene in Open Section 16. The Board reconvenes in open session at 5:36 p.m. Nothing to report out. Directors’ Items 17. There were no Directors’ report, announcements, and questions. 18. There were no District Manager’s report. Adjournment



May 8, 2019

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19. There being no further items of business, the meeting was adjourned at 5:37 p.m. The next Board Meeting is scheduled for June 12, 2019, at 5:00 p.m.

______________________________________ E. MANNY CAPPELLO, CHAIRPERSON

Attest: _________________________ Secretary


INVESTMENT REPORT AS OF APRIL 2019

COMMINGLED FUNDS INVESTED BY THE COUNTY OF SANTA CLARA FOR

WEST VALLEY SANITATION DISTRICT OF SANTA CLARA COUNTY

INTEREST FUND FUND BALANCE 7/1/18 TO DATE GENERAL (OPERATIONS) $ 29,733,374.28 $380,808.01 RESTRICTED – HILLSIDE 942,903.84 11,527.70 TRUST 523,898.76 6,606.50 (note 1) TRUST – STORM 0.00 3,503.09 ---------------------- ----------------- $ 31,200,176.88 $402,445.30

EARNED INTEREST RATES (%) FISCAL YEAR 2003-04 1.633 FISCAL YEAR 2004-05 2.134 FISCAL YEAR 2005-06 3.781 FISCAL YEAR 2006-07 4.884 FISCAL YEAR 2007-08 4.493 FISCAL YEAR 2008-09 2.535 FISCAL YEAR 2009-10 1.077 FISCAL YEAR 2010-11 0.790 FISCAL YEAR 2011-12 0.701 FISCAL YEAR 2012-13 0.561 FISCAL YEAR 2013-14 0.421 FISCAL YEAR 2014-15 0.464 FISCAL YEAR 2015-16 0.709 FISCAL YEAR 2016-17 0.988 FISCAL YEAR 2017-18 1.441

1st Quarter (July-Sept) 1.769 (note 2) 2nd Quarter (Oct-Dec) 1.954 (note 2) 3rd Quarter (Jan-Mar) 2.148 (note 2)

Note (1): Interest earned on the Trust Fund is posted to the General (Maintenance and Operations) Fund. Note (2): Interest on all funds is posted quarterly, following the quarter in which the interest is earned;

i.e. interest earned in the first quarter is posted in the second quarter.

Quarterly Investment Report

March 31, 2019

Quarterly Investment ReportTable of Contents

Summary of Cost Values versus Market Values and Yields

Portfolio Strategy, Compliance, Review and Monitoring

Commingled Pool: Allocation by Security Types

Commingled Pool: Allocation by Ratings

Commingled Pool: Holdings by Issuer

Commingled Pool: Historical Month End Book Values

Commingled Pool: Distribution by Maturity

Commingled Pool: Yield to Maturity and Weighted Average Maturity

Approved Issuers and Broker/Dealers

Commingled Pool: Compliance with Investment Policy

Holdings Report: Commingled Pool

Holdings Report: Worker's Compensation

Holdings Report: Park Charter Fund

Holdings Report: San Jose-Evergreen

Transaction Activity Report

Quarterly Investment Review Table of Contents

1

2

5

6

11

12

7

8

9

10

15

29

Board of Supervisors: Mike Wasserman, Cindy Chavez, Dave Cortese, Ken Yeager, S. Joseph Simitian

County Executive: Jeffrey V. Smith

30

31

32

Commingled Investment Pool

Worker's Compensation

Park Charter Fund

San Jose-Evergreen

Medical Malpractice Insurance Fund (1)

Total

Commingled Investment Pool

Worker's Compensation

Weighted Yield

Commingled Investment PoolWorkers Comp

Park Charter Fund

$9,337,386

$6,193

Fund

Summary of Yields* for Select Santa Clara County Investment Funds

0.15%

-0.05%

$7,198,773,982 -0.16%-$11,254,571

$4,214,199

$17,104,617 -$8,941

-0.30%

2.16%

2.31% 2.32%

Jan 31 Feb 28

2.15%

$7,139,350,994

VarianceFund

-$11,330,026

1.60%

2018

2.22%

Mar 31

1.60%2.22%

2.41% 1.44%

Mar 31

2019

2.15%

2.16%

Santa Clara County Commingled Pool and Segregated Investments

-$27,591

$7,210,028,553

$4,220,392

$17,095,676

$9,309,795

$28,691,332 $28,797,125

March 31, 2019

$7,150,681,019 -0.16%

% Variance

$105,793 0.37%

Cost Value** Market Value

*Yield to maturity (YTM) is the rate of return paid on a bond, note, or other fixed income security if the investor buys and holds it to its maturity date and if the coupon interest paid over the life of the bond is reinvested at the same rate as the coupon rate. The calculation for YTM is based on the coupon rate, length of time to maturity, and market price at time of purchase.

Yield is a snapshot measure of the yield of the portfolio on the day it was measured based on the current portfolio holdings on that day. This is not a measure of total return, and is not intended to be, since it does not factor in unrealized capital gains and losses and reinvestment rates are dependent upon interest rate changes

**Cost Value is the amortized book value of the securities as of the date of this report.

(1) Managed by Chandler Asset Management, Inc.

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Portfolio Strategy

March 31, 2019

Even with a strengthening economy and tightness in the labor markets, Federal Reserve Bank (Fed) policy makers have communicated they will remain

patient while considering any policy rate changes and intend to keep interest rates unchanged throughout 2019. Tepid inflation growth continues to

explain the Fed’s reluctance to further raise interest rates since no urgency exists to act. Previously, policy makers lifted borrowing costs four times in 2018

and nine times since the Fed’s initial rate hike in 2015. Most recently, Federal Reserve policy makers’ preferred inflation measure, the core-price gauge

barely changed in March from the previous month. The measure increased only 1.6 percent from a year earlier, the lowest since January 2018 and clearly

below the Fed’s 2 percent healthy inflation target.

Low unemployment and solid wage gains supporting consumer spending continue to define the economy’s underlying strength. With unemployment at 3.8

percent, a multidecade low, the March rebound in U.S. consumer spending corroborated the expected relation of strong labor markets fueling growth.

Consumer purchases which make up more than two-thirds of the economy, rose 0.9 percent in March from the prior month, reflecting the best gain in

nearly a decade. Wage and salary gains were solid with a 0.4 percent monthly rise in March following a 0.3 percent increase in February. March retail sales

boosted by gains in motor vehicles sharply rose 1.6 percent. In fact, retail expansion spanned multiple spending categories. Twelve of thirteen major retail

categories increased.

The outlook for the U.S. domestic economy remains positive. Economic growth, in the first quarter ended March 31, 2019, accelerated at a much stronger

rate than expected. Gross domestic product (GDP), the total dollar value of all goods and services produced, expanded at a 3.2 percent annualized rate in

the January through March period, according to Commerce Department data. GDP had advanced 2.2 percent in the prior quarter. The step-up in first

quarter growth came despite the federal government shutdown through most of January, tariffs emanating from trade tensions with China and slower

economic growth abroad. Gains in U.S. equity markets in the first quarter, the most since 2009 provided further assurance in validating growth in the

underlying economy. The S&P 500 index, widely regarded as the best single gauge of large-cap U.S. equities returned 13.6 percent first quarter 2019, a

strong reversal from the negative return of 5.7 percent posted by the index for 2018.

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Broker-dealers have generally down-sized the amount of securities carried in inventories in response to risk-curbing rules crafted after the 2008 financial

crisis. These risk curbing rules include the international regulatory framework for banks called Basel III and the U.S. 2010 Dodd-Frank Law. The Treasury

Division has increased its capability to review a larger volume of inventory listings to find attractive bonds. Portfolio structuring does not solely rely on

interest rate anticipation strategies, which primarily speculate on the direction of interest rates to earn favorable returns.


Portfolio Strategy

March 31, 2019

The portfolio strategy continues to focus on the:

(1) acquisition of high-quality issuers;

(2) identifying and selecting bonds with attractive valuations;

(3) appropriately sizing the liquidity portion of the portfolio to ensure adequate cash for near term obligations; and

(4) ensuring that monies targeted for longer term investments are deployed in vehicles with favorable risk-adjusted yields.

3

Yield and Weighted Average Maturity

Compliance

Review and Monitoring

Additional Information


Portfolio Compliance, Review, and Monitoring

March 31, 2019

The yield of the Commingled Pool is 2.22 and the weighted average life is 496 days.

The County Treasurer believes the Commingled Pool contains sufficent cash flow from liquid and maturing securities, bank deposits and incoming cash to

meet the next six months of expected expenditures.

FTN Financial Main Street Advisors, the County’s investment advisor, currently monitors the Treasury Department’s investment activities.

Securities are purchased with the expectation that they will be held to maturity, so unrealized gains or losses are not reflected in the yield calculations.

The market values of securities were taken from pricing services provided by the Bank of New York Mellon, Bloomberg Analytics, dealer quotes, and an

independent pricing service.

4

Sector % ChngFederal AgenciesCorporate BondsMortgage Backed SecuritiesCommercial PaperABSABS Green BondsMunicipal SecuritiesU.S. TreasuriesNegotiable CDsLAIFMoney Market FundsSupranationalsSupranationals Green Bonds

Total

SectorFederal AgenciesCorporate BondsMortgage Backed SecuritiesCommercial PaperABSABS Green BondsMunicipal SecuritiesU.S. TreasuriesNegotiable CDsLAIFMoney Market FundsSupranationalSupranationals Green Bonds

Total Amounts are based on book value

498,895,940

361,362,983 884,353,094

25,000,000 70,000,000

6.90% 5.44% 1.5%

5.05% 10.79% -5.7%

13.43% 11.10%

0.01% 0.01% 0.0%

2.3%0.58% 0.50% 0.1%

1.95% 3.40% -1.5%0.53%

March 31, 2019

6.81% 6.09% 0.7%4.03% 1.89% 2.1%

53.97% 49.86% 4.1%

4.02% 7.60% -3.6%

139,576,407 279,065,937 960,000,000 910,000,000

41,520,182

Santa Clara County Commingled Pool

Allocation by Security Types

3/31/2019 12/31/2018

287,861,462 155,243,940

100.00% 100.00%

3/31/2019 12/31/20183,858,898,880 4,087,750,692

487,053,767

0.39% 0.1%

2.38% 2.08% 0.3%

170,121,967 170,127,986

41,270,791

493,457,483 445,793,370

37,693,061 32,001,276 516,634 1,035,737

7,150,681,019 8,198,763,772

287,618,194 623,225,009

0.85% -0.5%0.35%

Agy 54.0%

Corp 6.8%

MBS 4.0%

CP 4.0%

ABS 6.9%

ABS Green 0.0%Muni 0.5%

Tsy 2.0%

CDs 13.4%

LAIF 0.6%MMF 5.1%

Supra 2.4%

Supra Green0.3%

5

*Not Rated by Moody's but A-1+ by S&P

**Repurchase Agreements are not rated, but are collateralized by U.S. Treasury securities or securities issued by the Federal Agencies of the U.S.

***LAIF is not rated, but is comprised of State Code allowable securities

Amounts are based on book values

Aaa

Aa1

Aa2

Aa3

A1

41,520,182

74,976,263

179,289,903

95,817,741

85,046,770

-

0.6%

0.0%2.8%

100.0%

4,953,700,628

198,356,665

7,150,681,019

69.3%

1.0%

2.5%

1.3%

1.2%

0.0%

0.0%

-

-


Allocation by Ratings

March 31, 2019

1,521,972,869 21.3%

Portfolio %Portfolio $Moody's Rating

P-1

Total

A2

A3

LAIF***

Repo** Not Rated*

P-1 21.3%

Aaa 69.3%

Aa1 1.0%

Aa2 2.5%

Aa3 1.3%A1 1.2% A2 0.0%

LAIF*** 0.6%Repo** 0.0%

Not Rated* 2.8%

6

Amounts are based on book values

March 31, 2019

Holdings by Issuer - Percent of Commingled Pool


0.0%0.0%0.0%0.1%0.1%0.1%0.1%0.1%0.1%0.2%0.2%0.2%0.2%0.3%0.3%0.3%0.4%0.4%0.4%0.4%0.4%0.5%0.6%0.6%0.6%0.6%0.6%0.7%0.7%0.7%0.7%0.8%0.8%0.8%1.0%1.0%1.1%1.1%1.1%1.1%1.3%1.3%1.4%1.4%1.4%1.4%1.4%1.5%1.5%

1.9%2.0%2.1%

5.1%8.0%

12.1%17.3%

19.4%

0% 5% 10% 15% 20% 25%

North Dakota State FinanceUBS FINANCE

New York State Dormatory AuthMERCEDES -BENZ AUTO REC TRUST

Coca-Cola CoBMW VEHICLE LEASE TRUST

UNIVERSITY CALIFORNIA REVSEXXON MOBIL CORP

IBMWELLS FARGO

MERCEDES-BENZ AUTO LEASE TRUSTJOHN DEERE OWNER TRUST

GOOGLE INCNISSAN AUTO LEASE TRUST

CHEVRON CORP.Credit Agricole Corporation

CALIFORNIA STBERKSHIRE HATHWYPROCTER & GAMBLE

TENNESSEE VALLEY AUTHORITYBANK OF NEW YORK

BMW VEHICLE OWNER TRUSTMETLIFE SHORT TERM FUND

CITIBANK CREDIT CARD ISSUANCECredit Agricole CIB NY

TOYOTA MOTOR CREDITLOCAL AGENCY INVEST FUND

WALMARTTOYOTA AUTO REC OWNER TRUST

FARMER MAC DISCOUNT NOTECITI BANK NA

INTL BANK RECON & DEVELOPCHASE ISSUANCE TRUST (ABS)

BANK OF AMERICAAPPLE INC

DEXIAAmerican Express Credit Acct

MICROSOFT CORPPRIVATE EXPORT FUND CORPORATIO

BANK OF AMERICA CREDIT CARDHONDA AUTO RECEIVABLES OWNER T

TORONTO DOMINION BANKUS BANK

BANK OF MONTREAL CHICAGOBNP PARIBAS NY BRANCH

Canadian IMP BK COMM NYRABOBANK

BANK OF NOVA SCOTIA HOUSTONJPMORGAN

IADBU.S. TREASURY NOTES

ROYAL BANK OF CANADABLACKKROCK TREASURY LIQ FUND

FNMA Multi-FamilyFFCB NOTES

FHLMC Multi-FamilyFHLB NOTES

7

Amounts in billions

FY 2019 $6.180 $6.068 $6.127 $6.350 $6.987

$3.515 $3.469

$7.151

$4.600FY 2013 $3.508

FY 2017 $5.469 $5.328 $5.088 $5.220

$4.520 $4.461FY 2014 $4.133 $4.052 $3.975 $3.758

$8.199 $7.425 $7.105

$6.263$5.120 $6.543 $5.997 $5.752 $6.040$6.730$5.671 $7.082 $6.319 $6.348

$8.427 $7.754 $7.608$6.550 $7.556 $7.469$7.472

$3.536

$3.833$3.637

$3.408 $3.687 $4.463

FY 2016 $5.212 $4.990 $4.941 $4.587

$4.384

$6.911 $6.728

$4.952$3.517

$3.935$4.339

$3.918 $3.982 $4.606 $5.286

$4.179

$3.645

Jul Aug Sep Oct Nov Mar Apr May Jun

$4.521$4.032$4.040 $4.926 $4.525

$3.551 $3.712$4.567 $4.097

$5.386

$3.143 $2.898 $3.227 $3.943$3.307

FY 2012

$3.373 $3.307 $3.307 $3.408 $4.175$3.032

$3.555 $3.805

$3.541$3.230

$3.736$3.801

FY 2010FY 2011 $3.695

$5.419 $5.019


Historical Month End Book Values

March 31, 2019

Fiscal Year Dec Jan Feb

$6.065 $5.690$4.247 $5.639 $5.045 $5.085 $5.420FY 2015 $4.267 $4.194 $4.096 $4.051 $6.284

$5.487 $5.108$4.271

$8.079 $8.192 $7.584FY 2018 $5.898 $5.689 $5.408 $5.720 $6.850

$2.5

$3.5

$4.5

$5.5

$6.5

$7.5

$8.5

$9.5Ju

l-2

00

9

No

v-2

00

9

Mar

-20

10

Jul-

20

10

No

v-2

01

0

Mar

-20

11

Jul-

20

11

No

v-2

01

1

Mar

-20

12

Jul-

20

12

No

v-2

01

2

Mar

-20

13

Jul-

20

13

No

v-2

01

3

Mar

-20

14

Jul-

20

14

No

v-2

01

4

Mar

-20

15

Jul-

20

15

No

v-2

01

5

Mar

-20

16

Jul-

20

16

No

v-2

01

6

Mar

-20

17

Jul-

20

17

No

v-2

01

7

Mar

-20

18

Jul-

20

18

No

v-2

01

8

Mar

-20

19

Bill

ion

s

8

*Amounts are based on book value

1-30 Days 0.89%

31-90 Days 6.88%

100.00%

1Yr-2Yr 20.79%

2Yr-3Yr

3Yr-4Yr 10.50%4Yr-5Yr 3.40%

31-90 Days 491,672,432

91-365 Days 2,543,445,214


Distribution by Maturity

March 31, 2019

Maturity Amount*

Overnight 612,833,164

1-30 Days 63,847,404

13.41%

1Yr-2Yr 1,486,398,428

2Yr-3Yr 958,584,079

4Yr-5Yr

91-365 Days 35.57%

Overnight 8.57%

3Yr-4Yr 751,066,624 242,833,675

Maturity Amount*

7,150,681,019

$0

$500,000,000

$1,000,000,000

$1,500,000,000

$2,000,000,000

$2,500,000,000

$3,000,000,000

Overnight 1-30 Days 31-90 Days 91-365 Days 1Yr-2Yr 2Yr-3Yr 3Yr-4Yr 4Yr-5Yr

Distribution By Maturity Dollars

0%

5%

10%

15%

20%

25%

30%

35%

40%

Overnight 1-30 Days 31-90 Days 91-365 Days 1Yr-2Yr 2Yr-3Yr 3Yr-4Yr 4Yr-5Yr

Distribution By Maturity Percentages

9

Jun-19Mar-19 Apr-19 May-19


Yield to Maturity and Weighted Average Maturity

March 31, 2019

Item Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19

2.03%

Feb-19

SCC YTM 1.82% 1.82% 1.86% 1.93% 2.13% 2.15% 2.16%

2.51%2.49% 2.42%

LAIF YTM 1.94% 2.00% 2.00% 2.14% 2.21%

2.22%

2.44%2.29% 2.36% 2.39%

2.52% 2.48% 2.45%

207

406 445

2.79% 2.49% 2.46%

192 188 184 179

6 Mon T-Bill 2.19% 2.26% 2.36% 2.49%

LAIF WAM 194 191 193 201

2.26%2Yr T-Note 2.67% 2.63% 2.81% 2.87%

458SCC WAM 550 529 509 483 496459

1.40%

1.60%

1.80%

2.00%

2.20%

2.40%

2.60%

2.80%

3.00%

Yield to Maturity

Santa ClaraLAIF6 Mon T-Bill2Yr T-Note

150

200

250

300

350

400

450

500

550

600

Day

s

Weighted Average Maturity

Santa Clara

LAIF

10

Direct Commercial Paper Issuers Broker/Dealers

Toyota Motor Credit Academy Securities, Inc

US Bank, NA Bank of America Merrill Lynch

Dexia Credit Local, NY Barclays Capital, Inc

BMO Capital Markets

BNP Paribas Securities Corp

BNY Mellon Capital Markets, LLC

BOK Financial Securities (Bank of Oklahoma)

Brean Capital LLC

Cantor Fitzgerald & Co

Citigroup Global Markets Inc

Daiwa Capital Markets America Inc

Deutsche Bank Securities Inc

FTN Financial Capital Markets

Incapital LLC

Jefferies & Co

JP Morgan Securities, Inc

Keybanc Capital Markets, Inc

Loop Capital Markets LLC

Mizuho Securities USA, Inc

MUFG Securities USA LLC

Raymond James, Inc.

RBC Capital Markets, Inc

UBS Financial Serviec Inc

Vining Sparks LP

Williams Capital

Santa Clara County

Approved Issuers and Broker/Dealers

March 31, 2019

11

Yes

Yes


Compliance with Investment PolicyMarch 31, 2019

Maturity

In Compliance

Yes

ParametersItem/Sector

Weighted Average Maturity (WAM) must be less than 24 months

Interest Periods Securities must pay interest within one year of the initial investment and at least semiannually in subsequent years Yes

Investment Swaps Similar maturity swaps, so as not to affect cash flow needs, should have minimum 5 basis point gain

No sector limit, no issuer limit, max maturity 5 years

Issuer LimitsNo more than 5% of the portfolio shall be invested in aggregate of any single institution of the following types: Bankers

Acceptances, CP, Negotiable CDs, and Corporate Notes

LAIF

U.S. Treasuries

Yes

U.S. Federal Agencies

No sector limit, no issuer limit, CA State's deposit limit $65 million

YesNo sector limit, no issuer limit, max maturity 5 years

Yes

Supranational Debt

Obligations

Sector limit 10%, max maturity 5 years, issued or unconditionally gauranteed by the IBRD, rated by at least two: AAA

(S&P/Fitch), Aaa (Moody's)Yes

Sector limit 40%, issuer limit 5%, max maturity 180 days, rated by at least two: A-1 (S&P), P-1 (Moody's), F-1 (Fitch), issued by

commercial banks , collateral must exceed market value of security by 2%

Yes, None in

Portfolio

Yes

Corporate BondsYes

No sector limit, no Issuer limit, max maturity 92 days, treasury and agency collateral at 102% of investment, if maturity

exceeds 15 days, must be collateralized by securities with 5 years or less maturities

Negotiable Certificates of

Deposit Yes

Sector limit 30%, issuer limit 5%, max maturity 5 years, rated by at least two: AA- (S&P/Fitch)/Aa3 (Moody's), issued by

domestic corps/depositories

Repurchase Agreements Yes

Sector limit 40%, issuer limit 5%, max maturity 270 days, rated by at least two: A-1 (S&P), P-1 (Moody's), F-1 (Fitch), issued by

domestic corporation w/ at least $500 mil of assets, and long term debt rated by at least two: AA- (S&P/Fitch)/Aa3 (Moody's)Commercial Paper Yes

Money Market FundsSector limit 20%, issuer limit 10%, rated by at least two: AAA-m (S&P/Fitch)/Aaa-mf (Moody's), MMF has at least $500 mil

managed

Municipal Securities

Securities LendingSector limit 20%, max maturity 92 days for loans and reinvestment, loan counterparty must be a primary dealer, loaned

securities must be owned for at least 30 days

Bankers' Acceptances

Sector limit 20% in aggregate with ABS, no issuer limit, max maturity 5 years, collateralized by pools of conforming residential

mortgage loans insured by FHLMC/FNMA and residential mortgages guaranteed by FHA (GNMA)

Mortgage-Backed

Securities

Sector limit 20% in aggregate with ABS, no issuer limit, max maturity 5 years, collateralized by pools of loans such as

installment/receivables, security must be rated by at least two: AA- (S&P/Fitch), Aa3 (Moody's), issuer rated by at least two: A-

(S&P/Fitch), A3 (Moody's)

Asset-Backed Securities

Yes

Yes

Yes

Yes, None in

Portfolio

Sector limit 30%, issuer limit 5%, max maturity 5 years, if under 1 year rated by at least two: A-1 (S&P), P-1 (Moody's), F-1

(Fitch), if greater than 1 year rated by at least two: AA- (S&P/Fitch)/Aa3 (Moody's)

Sector limit 10%, no issuer limit, State of CA, local CA agencies, and other municipal securities of the other 49 states, if long-

term rated, then by at least two: A- (S&P/Fitch)/A3 (Moody's), if short-term rated, then by at least two: SP-1 (S&P), MIG-1

(Moody's), F-1 (Fitch), revenue based bonds payable solely out of the States' or local agencies' revenues

12

Average Daily BalanceBook YieldWeighted Average Maturity

Federal AgenciesCorporate BondsRepurchase AgreementsCommercial PaperAsset-Backed Securities

Asset-Backed Sec Green Bds

Mortgage Backed SecuritiesMunicipal SecuritiesU.S. TreasuriesNegotiable CDsLAIFMoney Market FundsSupranationals Green BondsSupranationals

Total

*Represents Amortized Book Value

7,826,109,442.80$ 2.148%

445 Days

170.13

489.36 200.00 264.21 445.30

0.86 200.12

31.52 139.17 785.53

41.52 715.10

446.73 0.86

3,917.34$



For the Month Ended January 31, 2019

Investment Type

Par Value

(Millions)

Book Value*

(Millions)

Market

Value

(Millions)3,890.13$ 3,914.44$

Asset Allocation By Market Value

0.86

265.00

199.78 32.00

139.35 785.00

41.52 715.10 715.10

25.00 170.00

490.76 200.00 264.19 446.67

25.00

199.08 31.97

140.00 785.00

41.52

491.63 200.00

7,429.24$ 7,424.79$ 7,396.93$

25.01 169.10

AGY, 52.6%

CORP, 6.6%

REPO, 2.7%

CP, 3.6%

ABS, 6.0%

ABS Green, 0.0%

MBS, 2.7%

MUNI, 0.4%

TSY, 1.9%

NCD, 10.6%

LAIF, 0.6%

MMF, 9.7%Supras Green Bonds, 0.3%

Supras, 2.3%

13

Average Daily BalanceBook YieldWeighted Average Maturity

Federal AgenciesCorporate BondsRepurchase AgreementsCommercial PaperAsset-Backed Securities

Asset-Backed Sec Green Bds

Mortgage Backed SecuritiesMunicipal SecuritiesU.S. TreasuriesNegotiable CDsLAIFMoney Market FundsSupranationals Green BondsSupranationals

Total

*Represents Amortized Book Value

7,288,761,588.25$



For the Month Ended February 28, 2019

Asset Allocation By Market Value

2.163%459 Days

Investment Type

Par Value

(Millions)

Book Value*

(Millions)

Market

Value

(Millions)3,841.75$ 3,838.47$ 3,814.52$

494.63 493.82 492.43 200.00 200.00 200.00 150.00 148.51 148.54 474.74 474.61 473.89

0.68 0.68 0.68 212.76 213.75 214.08

31.97 32.00 31.55 140.00 139.46 139.29 775.00 775.00 775.82

41.52 41.52 41.52 551.96 551.96 551.96

7,110.02$ 7,104.91$ 7,078.49$

25.00 25.00 25.01 170.00 170.12 169.19

AGY, 53.9%

CORP, 7.0%

REPO, 2.8%

CP, 2.1%

ABS, 6.7%

ABS Green, 0.0%

MBS, 3.0%

MUNI, 0.4%

TSY, 2.0%

NCD, 11.0%

LAIF, 0.6%

MMF, 7.8%Supras Green Bonds, 0.4%

Supras, 2.4%

14

SANTA CLARA COUNTY INVESTMENTS

March 31, 2019

Fund COMM - COMMINGLED POOLInvestments by Fund

Par ValueDays ToMaturity

MaturityDate

CurrentRateMarket ValueCUSIP Investment # Issuer

PurchaseDate Book Value

YTM360

YTM365

Negotiable CDs

BANK OF AMERICA39143 60,000,000.0006052TD80 07/08/2019 982.81001/09/2019 60,054,240.00 2.755 2.79460,000,000.00BANK OF MONTREAL CHICAGO38957 50,000,000.0006370RNQ8 07/31/2019 1212.88011/07/2018 50,064,850.00 2.880 2.92050,000,000.00BANK OF MONTREAL CHICAGO39081 50,000,000.0006370RRU5 07/15/2019 1052.88012/18/2018 50,059,250.00 2.880 2.92050,000,000.00BNP PARIBAS NY BRANCH38949 50,000,000.0005586FGN1 08/05/2019 1262.93011/05/2018 50,061,600.00 2.930 2.97050,000,000.00BNP PARIBAS NY BRANCH39304 50,000,000.0005586FXA0 02/21/2020 3262.69003/13/2019 50,020,000.00 2.690 2.72750,000,000.00BANK OF NOVA SCOTIA HOUSTON39046 60,000,000.0006417G3L0 07/08/2019 982.88012/10/2018 60,055,800.00 2.880 2.92060,000,000.00BANK OF NOVA SCOTIA HOUSTON39351 45,000,000.0006417G5U8 01/17/2020 2912.58003/27/2019 44,996,265.00 2.580 2.61545,000,000.00Credit Agricole CIB NY39008 40,000,000.0022535CAQ4 08/26/2019 1472.98011/27/2018 40,071,640.00 2.980 3.02140,000,000.00Canadian IMP BK COMM NY39015 50,000,000.0013606BK54 08/26/2019 1472.97011/28/2018 50,087,550.00 2.970 3.01150,000,000.00Canadian IMP BK COMM NY39252 50,000,000.0013606BQ33 08/26/2019 1472.58002/20/2019 50,010,600.00 2.580 2.61550,000,000.00CITI BANK NA39054 50,000,000.0017305TC83 06/10/2019 702.92012/11/2018 50,038,200.00 2.920 2.96050,000,000.00DEXIA39061 30,000,000.0025215FEK6 06/07/2019 672.75012/12/2018 30,015,480.00 2.750 2.78830,000,000.00DEXIA39336 45,000,000.0025215FES9 01/22/2020 2962.55003/22/2019 44,997,705.00 2.550 2.58545,000,000.00RABOBANK39087 50,000,000.0021685V7C7 07/19/2019 1092.85012/18/2018 50,042,350.00 2.850 2.88950,000,000.00RABOBANK38984 50,000,000.0021685V6U8 07/19/2019 1092.85011/20/2018 50,041,500.00 2.850 2.88950,000,000.00ROYAL BANK OF CANADA38751 15,000,000.0078012UDV4 05/24/2019 532.66005/23/2018 15,003,030.00 2.660 2.69615,000,000.00ROYAL BANK OF CANADA38848 20,000,000.0078012UGJ8 07/05/2019 952.63008/29/2018 20,003,000.00 2.630 2.66620,000,000.00ROYAL BANK OF CANADA38908 25,000,000.0078012UJP1 08/02/2019 1232.89010/24/2018 25,027,225.00 2.890 2.93025,000,000.00ROYAL BANK OF CANADA39045 45,000,000.0078012UKV6 07/12/2019 1022.90012/07/2018 45,043,875.00 2.900 2.94045,000,000.00ROYAL BANK OF CANADA39300 45,000,000.0078012UMJ1 01/13/2020 2872.64003/12/2019 45,032,220.00 2.640 2.67645,000,000.00TORONTO DOMINION BANK38991 45,000,000.0089114MMK0 08/16/2019 1373.00011/21/2018 45,066,735.00 3.000 3.04145,000,000.00US BANK38907 35,000,000.0090333VZU7 07/22/2019 1122.91010/24/2018 35,039,935.00 2.873 2.91335,000,000.00

Subtotal and Average 960,000,000.00 960,000,000.00 960,833,050.00 2.810 2.849 148

Mortgage Backed Securities (MBS)

FHLMC Multi-Family38387 20,000,000.003137AYCE9 10/25/2022 1,3032.68201/12/2018 20,075,740.00 2.199 2.23020,157,000.00FHLMC Multi-Family38391 7,500,000.003137AYCE9 10/25/2022 1,3032.68201/16/2018 7,528,402.50 2.209 2.2397,555,078.13FHLMC Multi-Family38465 5,580,000.003137AWQH1 08/25/2022 1,2422.30702/22/2018 5,551,528.61 3.155 3.1985,460,553.13FHLMC Multi-Family38643 20,000,000.003137B36J2 02/25/2023 1,4263.32003/20/2018 20,540,052.00 2.865 2.90520,345,312.50FHLMC Multi-Family38666 11,745,000.003137AYCE9 10/25/2022 1,3032.68204/17/2018 11,789,478.32 3.032 3.07411,616,539.06FHLMC Multi-Family38744 20,000,000.003137AYCE9 10/25/2022 1,3032.68206/05/2018 20,075,740.00 3.070 3.11219,788,281.25

Portfolio SCL2AP

Run Date: 04/18/2019 - 11:20 FI (PRF_FI) 7.1.1Report Ver. 7.3.6.1

15

March 31, 2019


MaturityDate

CurrentRateMarket Value

Fund COMM - COMMINGLED POOLInvestments by Fund Page 2

CUSIP Investment # IssuerPurchase

Date Book ValueYTM360

YTM365


FHLMC Multi-Family38854 4,775,000.003137B4WB8 07/25/2023 1,5763.06009/12/2018 4,859,931.97 2.968 3.0094,768,285.16FHLMC Multi-Family38864 10,000,000.003137B5JM6 07/25/2023 1,5763.53109/25/2018 10,357,002.00 2.710 2.74810,135,937.50FHLMC Multi-Family38945 10,605,782.003137B3NA2 04/25/2023 1,4853.25011/02/2018 10,866,870.90 3.173 3.21710,605,782.00FHLMC Multi-Family39026 10,000,000.003137B5KW2 08/25/2023 1,6073.45812/03/2018 10,326,643.00 3.164 3.20810,092,187.50FHLMC Multi-Family39093 20,000,000.003137FBUV6 07/25/2020 4812.72312/20/2018 19,981,866.00 2.561 2.59719,987,500.00FHLMC Multi-Family39295 27,000,000.003137B04Y7 01/25/2023 1,3952.61503/11/2019 26,944,037.10 2.944 2.98526,755,312.50FHLMC Multi-Family39342 23,400,000.003137BQR90 01/25/2023 1,3952.27203/26/2019 23,015,208.06 2.637 2.67423,034,375.00FNMA Multi-Family38477 3,525,223.863138LAYM5 09/01/2022 1,2492.55002/27/2018 3,516,411.15 2.795 2.8343,485,565.08FNMA Multi-Family38664 3,452,731.103136B1XP4 09/25/2021 9083.56004/30/2018 3,496,253.47 2.746 2.7843,521,409.37FNMA Multi-Family38665 3,452,731.103136B1XP4 09/25/2021 9083.56004/30/2018 3,496,253.47 2.746 2.7843,521,409.37FNMA Multi-Family38884 3,448,823.0631381N7G2 10/01/2020 5493.27010/11/2018 3,473,292.25 3.045 3.0883,457,984.00FNMA Multi-Family39150 29,993,234.2931381TYT1 03/01/2022 1,0652.75001/14/2019 30,203,836.88 2.670 2.70729,935,825.37FNMA Multi-Family39158 14,531,557.2631381RZ23 08/01/2021 8533.84001/16/2019 14,845,993.71 2.825 2.86514,864,761.32FNMA Multi-Family39218 11,882,674.0531381RLL6 07/01/2021 8223.84002/07/2019 12,192,350.56 2.833 2.87212,137,037.54FNMA Multi-Family39219 1,983,492.5131381RLL6 07/01/2021 8223.84002/07/2019 2,035,184.67 2.833 2.8722,025,951.65FNMA Multi-Family39319 25,000,000.003138LGKH8 01/01/2024 1,7362.47003/19/2019 24,800,556.75 2.794 2.83324,609,375.00

Subtotal and Average 287,861,462.43 287,876,249.23 289,972,633.37 2.783 2.821 1,246

Federal Agency Bonds

FFCB NOTES35799 9,950,000.003133EEWG1 04/01/2019 01.30004/01/2015 9,950,000.00 1.353 1.3719,950,000.00FFCB NOTES36726 26,855,000.003133EF4Y0 04/26/2019 251.00004/27/2016 26,829,407.19 1.112 1.12826,852,656.72FFCB NOTES37018 10,000,000.003133EGWH4 09/29/2021 9121.28009/30/2016 9,745,900.00 1.243 1.26010,004,692.16FFCB NOTES37194 10,000,000.003133EGT47 12/08/2021 9822.01012/08/2016 9,918,120.00 1.982 2.01010,000,000.00FFCB NOTES37305 25,000,000.003133EG2D6 09/27/2019 1791.55012/30/2016 24,905,000.00 1.490 1.51125,004,680.85FFCB NOTES37378 5,000,000.003133EG5D3 01/27/2022 1,0322.03001/27/2017 4,960,740.00 2.002 2.0305,000,000.00FFCB NOTES37404 15,000,000.003133EG6C4 02/03/2020 3081.55002/03/2017 14,896,395.00 1.533 1.55414,999,412.78FFCB NOTES37502 20,000,000.003133EHBA0 03/02/2020 3361.52003/02/2017 19,841,480.00 1.537 1.55819,993,134.81FFCB NOTES37639 15,000,000.003133EHEZ2 04/06/2020 3711.60004/06/2017 14,883,000.00 1.578 1.60015,000,000.00FFCB NOTES37665 15,000,000.003133EHFL2 04/13/2020 3781.55004/13/2017 14,865,765.00 1.541 1.56314,998,021.17FFCB NOTES37666 10,000,000.003133EHFL2 04/13/2020 3781.55004/13/2017 9,910,510.00 1.539 1.5609,998,932.22FFCB NOTES37667 10,000,000.003133EHFL2 04/13/2020 3781.55004/13/2017 9,910,510.00 1.539 1.5609,998,932.22FFCB NOTES37725 25,000,000.003133EHGA5 10/21/2019 2031.44004/21/2017 24,875,075.00 1.406 1.42625,001,833.33

Portfolio SCL2AP


16

March 31, 2019


MaturityDate





YTM365


FFCB NOTES37761 5,000,000.003133EHHG1 05/03/2021 7631.75005/03/2017 4,938,820.00 1.726 1.7505,000,000.00FFCB NOTES37762 10,000,000.003133EHHG1 05/03/2021 7631.75005/03/2017 9,877,640.00 1.726 1.75010,000,000.00FFCB NOTES37793 35,000,000.003133EHJA2 05/08/2020 4031.55005/08/2017 34,696,025.00 1.539 1.56134,995,882.96FFCB NOTES37841 12,000,000.003133EHKH5 07/23/2020 4791.57005/23/2017 11,879,424.00 1.522 1.54312,004,123.79FFCB NOTES37901 5,000,000.003133EHMR1 06/12/2019 721.37506/12/2017 4,990,355.00 1.356 1.3755,000,000.00FFCB NOTES37905 5,000,000.003133EHMR1 06/12/2019 721.37506/12/2017 4,990,355.00 1.356 1.3755,000,000.00FFCB NOTES38024 3,000,000.003133EHWM1 09/01/2021 8841.70009/01/2017 2,955,255.00 1.624 1.6473,003,697.50FFCB NOTES38025 5,000,000.003133EHWM1 09/01/2021 8841.70009/01/2017 4,925,425.00 1.676 1.7005,000,000.00FFCB NOTES38026 7,000,000.003133EHWM1 09/01/2021 8841.70009/01/2017 6,895,595.00 1.619 1.6427,009,431.04FFCB NOTES38046 10,000,000.003133EHZA4 09/20/2021 9031.66009/20/2017 9,838,760.00 1.715 1.7399,981,047.01FFCB NOTES38081 10,000,000.003133EHJ95 10/26/2020 5741.75010/26/2017 9,910,560.00 1.737 1.7629,998,168.98FFCB NOTES38082 5,000,000.003133EHJ95 10/26/2020 5741.75010/26/2017 4,955,280.00 1.756 1.7804,997,645.83FFCB NOTES38126 9,975,000.003133EHP31 11/02/2021 9461.95011/10/2017 9,880,267.42 1.928 1.9559,973,702.97FFCB NOTES38169 15,000,000.003133EHW58 11/27/2020 6061.90011/27/2017 14,893,515.00 1.943 1.97014,997,516.67FFCB NOTES38204 21,550,000.003133EHW58 11/27/2020 6061.90012/01/2017 21,397,016.55 1.954 1.98221,521,710.22FFCB NOTES38310 8,550,000.003133EGYC3 10/12/2022 1,2901.73012/20/2017 8,379,461.70 2.338 2.3718,368,045.93FFCB NOTES38506 23,000,000.003133EJGH6 10/15/2020 5632.44003/15/2018 23,037,122.00 2.395 2.42923,003,836.30FFCB NOTES38544 24,500,000.003133EJHS1 06/27/2019 872.25003/27/2018 24,496,300.50 2.222 2.25324,499,859.53FFCB NOTES38545 10,000,000.003133EJHL6 03/27/2020 3612.37503/27/2018 10,020,690.00 2.387 2.4209,995,648.89FFCB NOTES38629 15,000,000.003133EJLU1 01/24/2020 2982.42004/24/2018 15,004,380.00 2.829 2.86914,996,511.90FFCB NOTES38630 30,000,000.003133EJLU1 01/24/2020 2982.42004/24/2018 30,008,760.00 2.814 2.85429,996,093.33FFCB NOTES38718 5,000,000.003133EJPX1 12/21/2022 1,3602.87505/21/2018 5,097,345.00 3.253 3.2994,982,092.73FFCB NOTES38831 10,000,000.003133EJSU4 12/26/2019 2692.53006/29/2018 10,011,420.00 2.476 2.51110,001,332.40FFCB NOTES38837 5,000,000.003133EJTT6 01/05/2021 6452.62507/05/2018 5,024,405.00 2.623 2.6594,997,041.33FFCB NOTES38838 5,000,000.003133EJTT6 01/05/2021 6452.62507/05/2018 5,024,405.00 2.623 2.6594,997,041.33FFCB NOTES38878 14,000,000.003133EJZH5 09/13/2022 1,2612.80010/05/2018 14,221,438.00 2.997 3.03813,891,968.77FFCB NOTES38943 15,000,000.003133EJK24 10/19/2021 9323.00011/01/2018 15,246,555.00 2.963 3.00414,998,194.94FFCB NOTES38999 35,000,000.003133EJW70 05/26/2021 7862.87511/26/2018 35,382,585.00 2.869 2.90934,974,984.72FFCB NOTES39023 26,825,000.003133EJW70 05/26/2021 7862.87511/30/2018 27,118,224.08 2.875 2.91526,802,725.67FFCB NOTES39075 10,000,000.003133EJ3B3 12/17/2021 9912.80012/17/2018 10,124,030.00 2.805 2.8449,988,613.33FFCB NOTES39105 12,500,000.003133EJY60 03/03/2023 1,4323.02012/24/2018 12,822,700.00 2.765 2.80312,599,537.11FFCB NOTES39108 4,300,000.003133EJ3B3 12/17/2021 9912.80012/24/2018 4,353,332.90 2.695 2.7324,307,470.54

Portfolio SCL2AP


17

March 31, 2019


MaturityDate





YTM365


FFCB NOTES39157 20,000,000.003133EJ4Q9 01/11/2021 6512.55001/16/2019 20,072,440.00 2.562 2.59819,983,351.05FFCB NOTES39165 14,875,000.003133EJ5V7 01/18/2023 1,3882.62501/18/2019 15,036,111.13 2.640 2.67614,847,323.00FFCB NOTES39173 10,000,000.003133EJ5P0 01/18/2022 1,0232.60001/25/2019 10,075,320.00 2.615 2.6529,986,016.50FFCB NOTES39296 20,000,000.003133EKCS3 03/11/2021 7102.55003/11/2019 20,072,260.00 2.472 2.50620,016,333.33FFCB NOTES39357 20,000,000.003133EKEW2 03/28/2022 1,0922.28003/28/2019 19,987,480.00 2.272 2.30319,986,238.33FHLB NOTES35826 9,460,000.00313383VN8 09/13/2019 1652.00004/09/2015 9,439,623.16 1.321 1.3409,487,179.64FHLB NOTES35827 25,155,000.00313383VN8 09/13/2019 1652.00004/09/2015 25,100,816.13 1.332 1.35125,226,045.99FHLB NOTES36288 5,000,000.003130A5Z77 07/29/2020 4851.83010/21/2015 4,963,620.00 1.469 1.4905,021,688.07FHLB NOTES36289 5,000,000.003130A5Z77 07/29/2020 4851.83010/19/2015 4,963,620.00 1.424 1.4445,024,650.35FHLB NOTES36298 5,000,000.003130A5Z77 07/29/2020 4851.83010/23/2015 4,963,620.00 1.432 1.4525,024,136.77FHLB NOTES36308 10,000,000.003130A5Z77 07/29/2020 4851.83010/26/2015 9,927,240.00 1.498 1.51910,039,624.05FHLB NOTES36310 5,000,000.003130A5Z77 07/29/2020 4851.83010/26/2015 4,963,620.00 1.490 1.5115,020,342.21FHLB NOTES36402 17,200,000.00313379EE5 06/14/2019 741.62512/02/2015 17,172,824.00 1.243 1.26117,206,060.84FHLB NOTES36550 15,000,000.00313379EE5 06/14/2019 741.62502/05/2016 14,976,300.00 1.102 1.11715,015,107.20FHLB NOTES36679 10,000,000.003130A7PU3 04/06/2020 3711.20004/11/2016 9,874,990.00 1.131 1.14710,005,214.29FHLB NOTES36756 15,000,000.00313378J77 03/13/2020 3471.87505/12/2016 14,917,770.00 1.105 1.12015,104,940.26FHLB NOTES36760 6,000,000.00313378J77 03/13/2020 3471.87505/13/2016 5,967,108.00 1.133 1.1496,040,341.13FHLB NOTES36877 15,000,000.003133834H1 06/12/2020 4381.37507/12/2016 14,810,400.00 1.040 1.05515,056,121.70FHLB NOTES36886 15,000,000.00313378J77 03/13/2020 3471.87507/15/2016 14,917,770.00 1.055 1.06915,110,890.52FHLB NOTES36993 19,500,000.00313380WG8 09/11/2020 5291.37509/30/2016 19,224,972.00 1.100 1.11519,571,286.84FHLB NOTES37022 12,000,000.00313380WG8 09/11/2020 5291.37510/06/2016 11,830,752.00 1.210 1.22712,024,915.90FHLB NOTES37037 10,000,000.003133834H1 06/12/2020 4381.37510/13/2016 9,873,600.00 1.225 1.24210,015,488.55FHLB NOTES37054 10,000,000.00313380WG8 09/11/2020 5291.37510/24/2016 9,858,960.00 1.199 1.21610,022,333.57FHLB NOTES37058 15,000,000.00313383HU8 06/12/2020 4381.75010/19/2016 14,878,275.00 1.147 1.16315,102,858.99FHLB NOTES37072 13,860,000.00313380WG8 09/11/2020 5291.37510/28/2016 13,664,518.56 1.248 1.26613,881,161.13FHLB NOTES37108 35,000,000.003130AA3R7 11/15/2019 2281.37511/17/2016 34,781,110.00 1.363 1.38234,998,327.27FHLB NOTES37149 15,000,000.003130AABG2 11/29/2021 9731.87511/30/2016 14,840,400.00 1.931 1.95714,968,208.67FHLB NOTES37289 40,000,000.003130AADN5 06/28/2019 881.37512/28/2016 39,899,160.00 1.353 1.37140,000,301.60FHLB NOTES37372 35,000,000.003130A8Y72 08/05/2019 1260.87501/26/2017 34,808,550.00 1.430 1.45034,932,154.68FHLB NOTES37711 25,860,000.00313382K69 03/12/2021 7111.75004/13/2017 25,573,031.58 1.690 1.71425,877,368.78FHLB NOTES37726 25,000,000.00313378CR0 03/11/2022 1,0752.25004/19/2017 24,951,925.00 1.794 1.81925,301,997.73FHLB NOTES37778 14,000,000.00313378J77 03/13/2020 3471.87504/28/2017 13,923,252.00 1.513 1.53514,044,040.35

Portfolio SCL2AP


18

March 31, 2019


MaturityDate





YTM365


FHLB NOTES37816 30,000,000.003130ABDX1 05/24/2019 531.40005/24/2017 29,955,510.00 1.380 1.40030,000,000.00FHLB NOTES37961 5,000,000.00313379RB7 06/11/2021 8021.87506/30/2017 4,948,125.00 1.722 1.7465,013,537.30FHLB NOTES38033 22,000,000.003130ACE26 09/28/2020 5461.37509/08/2017 21,671,056.00 1.462 1.48221,965,524.60FHLB NOTES38102 10,000,000.003130A3UQ5 12/11/2020 6201.87511/03/2017 9,921,070.00 1.781 1.80610,011,239.71FHLB NOTES38178 25,000,000.003130ACUK8 05/28/2021 7882.00011/28/2017 24,779,975.00 1.972 2.00025,000,000.00FHLB NOTES38247 25,000,000.00313383HU8 06/12/2020 4381.75012/08/2017 24,797,125.00 1.905 1.93224,946,959.35FHLB NOTES38269 25,000,000.003130A66T9 09/11/2020 5291.62512/13/2017 24,736,675.00 1.961 1.98924,872,500.00FHLB NOTES38418 7,615,000.003130ADJH6 01/29/2020 3032.10001/29/2018 7,593,533.32 2.099 2.1287,613,266.53FHLB NOTES38436 5,000,000.00313370US5 09/11/2020 5292.87502/05/2018 5,033,075.00 2.292 2.3245,038,361.11FHLB NOTES38469 25,000,000.00313379EE5 06/14/2019 741.62502/21/2018 24,960,500.00 2.149 2.17924,972,412.79FHLB NOTES38570 31,575,000.003130ADUY6 09/21/2020 5392.45004/06/2018 31,604,112.15 2.425 2.45931,570,839.95FHLB NOTES38578 20,000,000.003130ADXU1 01/09/2020 2832.32004/09/2018 19,977,480.00 2.340 2.37219,992,233.65FHLB NOTES38596 25,000,000.003130A02T6 09/13/2019 1652.37504/13/2018 24,990,375.00 2.289 2.32125,005,797.06FHLB NOTES38615 25,000,000.003130A8Y72 08/05/2019 1260.87504/19/2018 24,863,250.00 2.330 2.36324,874,469.96FHLB NOTES38733 10,000,000.003130AECJ7 05/28/2020 4232.62505/21/2018 10,021,550.00 2.607 2.6439,997,935.08FHLB NOTES38896 15,000,000.003130AFB63 01/22/2021 6622.95010/22/2018 15,145,635.00 2.958 2.99914,987,341.67FHLB NOTES38901 5,000,000.003130AFB63 01/22/2021 6622.95010/23/2018 5,048,545.00 2.958 2.9994,995,775.34FHLB NOTES38920 25,000,000.003130AFB63 01/22/2021 6622.95010/26/2018 25,242,725.00 2.898 2.93925,005,250.00FHLB NOTES38922 5,000,000.003130AFB63 01/22/2021 6622.95010/26/2018 5,048,545.00 2.902 2.9435,000,686.54FHLB NOTES38978 20,000,000.00313370E38 06/12/2020 4383.37511/19/2018 20,211,680.00 2.787 2.82620,127,386.15FHLB NOTES39016 14,350,000.003130AFE78 12/09/2022 1,3483.00011/29/2018 14,715,953.70 2.970 3.01214,343,560.12FHLB NOTES39069 10,000,000.003130A0F70 12/08/2023 1,7123.37512/14/2018 10,454,830.00 2.883 2.92310,195,688.24FHLB NOTES39106 3,500,000.003130A0F70 12/08/2023 1,7123.37512/24/2018 3,659,190.50 2.778 2.8173,584,827.54FHLB NOTES39138 15,000,000.003130ABFD3 06/07/2022 1,1632.62501/08/2019 15,153,435.00 2.580 2.61615,003,776.48FHLB NOTES39362 14,250,000.003130AB3H7 03/08/2024 1,8032.37503/29/2019 14,269,650.75 2.238 2.26914,319,604.16FHLMC NOTES35873 30,000,000.003137EADM8 10/02/2019 1841.25004/16/2015 29,817,900.00 1.296 1.31429,990,566.81FHLMC NOTES36322 10,000,000.003137EADM8 10/02/2019 1841.25010/29/2015 9,939,300.00 1.343 1.3629,994,530.29FHLMC NOTES36332 18,350,000.003137EADM8 10/02/2019 1841.25011/04/2015 18,238,615.50 1.456 1.47618,329,784.11FHLMC NOTES36337 8,000,000.003137EADM8 10/02/2019 1841.25011/06/2015 7,951,440.00 1.519 1.5407,988,712.60FHLMC NOTES36340 10,000,000.003137EADM8 10/02/2019 1841.25011/09/2015 9,939,300.00 1.576 1.5989,983,086.89FHLMC NOTES36989 20,000,000.003137EAEC9 08/12/2021 8641.12509/27/2016 19,456,500.00 1.261 1.27819,929,786.44FHLMC NOTES36992 10,000,000.003137EAEC9 08/12/2021 8641.12509/29/2016 9,728,250.00 1.248 1.2659,967,862.98

Portfolio SCL2AP


19

March 31, 2019


MaturityDate





YTM365


FHLMC NOTES37443 20,000,000.003137EAEE5 01/17/2020 2911.50002/09/2017 19,849,740.00 1.456 1.47720,003,514.18FHLMC NOTES37454 20,000,000.003134G3A91 08/22/2019 1431.40001/19/2017 19,920,040.00 1.385 1.40419,999,607.07FHLMC NOTES37580 11,150,000.003134GA6W9 08/28/2019 1491.50002/28/2017 11,105,623.00 1.479 1.50011,150,000.00FHLMC NOTES37835 45,000,000.003137EAEF2 04/20/2020 3851.37504/20/2017 44,511,075.00 1.471 1.49144,945,992.50FHLMC NOTES38057 15,000,000.003137EAEJ4 09/29/2020 5471.62509/29/2017 14,839,245.00 1.663 1.68714,986,475.28FHLMC NOTES38135 25,000,000.003137EAEK1 11/17/2020 5961.87511/15/2017 24,809,550.00 1.881 1.90824,987,001.85FHLMC NOTES38403 25,000,000.003137EAEB1 07/19/2019 1090.87501/19/2018 24,880,850.00 1.985 2.01324,916,300.00FHLMC NOTES38462 45,000,000.003137EAEL9 02/16/2021 6872.37502/16/2018 45,043,515.00 2.433 2.46644,925,750.00FNMA NOTES35847 7,000,000.003135G0UU5 03/06/2020 3401.75004/13/2015 6,977,733.00 1.474 1.4947,015,974.73FNMA NOTES35856 14,584,000.003135G0UU5 03/06/2020 3401.75004/14/2015 14,537,608.30 1.469 1.48914,617,911.11FNMA NOTES36347 10,000,000.003135G0A78 01/21/2020 2951.62511/13/2015 9,935,520.00 1.650 1.6729,996,269.23FNMA NOTES36361 20,000,000.003135G0A78 01/21/2020 2951.62511/18/2015 19,871,040.00 1.585 1.60720,001,196.27FNMA NOTES36383 10,000,000.003135G0A78 01/21/2020 2951.62511/24/2015 9,935,520.00 1.635 1.6589,997,423.51FNMA NOTES36384 10,000,000.003135G0A78 01/21/2020 2951.62511/24/2015 9,935,520.00 1.633 1.6569,997,578.49FNMA NOTES37253 20,000,000.003135G0N33 08/02/2019 1230.87512/19/2016 19,894,240.00 1.515 1.53619,956,578.58FNMA NOTES37582 10,000,000.003135G0S38 01/05/2022 1,0102.00002/09/2017 9,922,430.00 1.866 1.89210,028,311.55FNMA NOTES37783 40,000,000.003135G0T45 04/05/2022 1,1001.87504/10/2017 39,560,640.00 1.943 1.97039,891,539.61FNMA NOTES38079 10,000,000.003135G0S38 01/05/2022 1,0102.00010/25/2017 9,922,430.00 1.979 2.0079,998,025.17FNMA NOTES38142 11,395,000.003135G0S38 01/05/2022 1,0102.00011/16/2017 11,306,608.99 1.982 2.01011,391,881.18FNMA NOTES38163 5,000,000.003135G0T78 10/05/2022 1,2832.00011/22/2017 4,952,850.00 2.149 2.1794,970,292.76FNMA NOTES38209 10,000,000.003135G0T60 07/30/2020 4861.50012/04/2017 9,884,540.00 1.866 1.8929,949,294.14FNMA NOTES38367 40,000,000.003135G0N33 08/02/2019 1230.87501/05/2018 39,788,480.00 1.946 1.97339,855,226.81TENNESSEE VALLEY AUTHORITY38503 20,000,000.00880591EV0 03/15/2020 3492.25003/08/2018 19,955,960.00 2.327 2.36019,979,558.73TENNESSEE VALLEY AUTHORITY38815 10,000,000.00880591EV0 03/15/2020 3492.25006/21/2018 9,977,980.00 2.535 2.5709,967,364.10

Subtotal and Average 2,100,780,641.57 2,100,684,000.00 2,093,394,433.11 1.884 1.910 506

Federal Agency Bonds - CALLABLE

FARMER MAC39341 25,000,000.0031422BDZ0 03/25/2022 1,0892.61003/25/2019 24,964,525.00 2.574 2.61025,000,000.00FFCB NOTES36688 20,000,000.003133EF2L0 04/13/2020 3781.40004/13/2016 19,787,900.00 1.380 1.40020,000,000.00FFCB NOTES36689 15,000,000.003133EF2L0 04/13/2020 3781.40004/13/2016 14,840,925.00 1.380 1.40015,000,000.00FFCB NOTES36690 15,000,000.003133EF2L0 04/13/2020 3781.40004/13/2016 14,840,925.00 1.380 1.40015,000,000.00FFCB NOTES36866 20,000,000.003133EGKA2 07/06/2021 8271.50007/06/2016 19,629,160.00 1.479 1.50020,000,000.00

Portfolio SCL2AP


20

March 31, 2019


MaturityDate





YTM365


FFCB NOTES37300 10,000,000.003133EG2P9 12/29/2021 1,0032.32012/29/2016 9,955,370.00 2.288 2.32010,000,000.00FFCB NOTES37301 15,000,000.003133EG2P9 12/29/2021 1,0032.32012/29/2016 14,933,055.00 2.288 2.32015,000,000.00FFCB NOTES38272 10,915,000.003133EHKT9 11/25/2022 1,3342.22012/13/2017 10,758,500.73 2.368 2.40010,847,393.15FFCB NOTES38326 2,000,000.003133EGG82 11/15/2021 9591.52012/26/2017 1,959,078.00 2.262 2.2931,961,389.79FFCB NOTES38341 4,450,000.003133EGNK7 07/27/2020 4831.32012/29/2017 4,389,649.10 2.049 2.0774,406,791.46FFCB NOTES38342 10,875,000.003133EGAH8 05/17/2021 7771.55012/29/2017 10,695,018.75 2.144 2.17410,736,436.07FFCB NOTES38346 7,000,000.003133EGKD6 10/05/2021 9181.62512/29/2017 6,879,670.00 2.188 2.2186,900,320.00FFCB NOTES38368 5,245,000.003133EFF28 03/01/2021 7001.65001/05/2018 5,177,234.60 2.171 2.2025,191,638.13FFCB NOTES39022 4,850,000.003133EHFD0 04/11/2023 1,4712.40011/30/2018 4,823,266.80 3.079 3.1214,719,019.13FFCB NOTES39107 5,490,000.003133EFX44 10/05/2022 1,2832.05012/24/2018 5,429,736.27 2.814 2.8535,344,125.58FFCB NOTES39206 18,020,000.003133EGXA8 01/04/2023 1,3741.73002/04/2019 17,636,642.52 2.658 2.69517,403,383.97FFCB NOTES39340 12,050,000.003133EKDR4 09/19/2022 1,2672.73003/25/2019 12,050,674.80 2.691 2.72812,050,000.00FHLB NOTES36117 7,250,000.003130A3XL3 02/10/2020 3151.50007/09/2015 7,189,078.25 1.624 1.6467,241,234.39FHLB NOTES37131 15,000,000.003130A9W49 02/24/2020 3291.25011/25/2016 14,839,815.00 1.232 1.25015,000,000.00FHLB NOTES37382 25,000,000.003130AANA2 07/30/2020 4861.75001/30/2017 24,781,250.00 1.726 1.75025,000,000.00FHLB NOTES37383 5,000,000.003130AANA2 07/30/2020 4861.75001/30/2017 4,956,250.00 1.726 1.7505,000,000.00FHLB NOTES37641 20,000,000.003130AB3T1 07/24/2020 4801.75004/24/2017 19,828,340.00 1.726 1.75020,000,000.00FHLB NOTES38016 8,400,000.003130ABZE9 08/28/2020 5151.65008/28/2017 8,310,514.80 1.627 1.6508,400,000.00FHLB NOTES38389 25,000,000.003130ACK52 10/05/2020 5531.70001/12/2018 24,737,575.00 2.134 2.16424,830,380.47FHLB NOTES38855 15,000,000.003130AEXG0 03/25/2022 1,0893.00009/25/2018 15,077,985.00 2.958 3.00015,000,000.00FHLB NOTES38858 9,685,000.003130A9MR9 10/12/2022 1,2901.65009/17/2018 9,462,380.59 2.981 3.0239,246,222.43FHLB NOTES38859 10,000,000.003130AC2P8 08/28/2020 5151.80009/17/2018 9,906,670.00 2.831 2.8709,854,336.95FHLB NOTES38921 12,000,000.003130AFA72 04/26/2023 1,4863.25010/26/2018 12,149,328.00 3.205 3.25012,000,000.00FHLB NOTES38942 15,000,000.003130AFC54 11/08/2021 9523.25011/01/2018 15,013,275.00 3.212 3.25614,997,413.98FHLB NOTES39014 5,000,000.003130A8R54 07/28/2023 1,5791.80011/28/2018 4,814,685.00 3.102 3.1454,731,278.48FHLB NOTES39151 25,000,000.003130ACF66 09/26/2022 1,2742.15001/15/2019 24,805,300.00 2.752 2.79024,472,447.41FHLB NOTES39301 50,000,000.003130AG2J3 03/12/2020 3462.57003/12/2019 50,022,650.00 2.534 2.57050,000,000.00FHLB NOTES39358 20,000,000.003130AG2H7 12/18/2020 6272.65003/28/2019 20,006,040.00 2.582 2.61820,010,946.77FHLMC NOTES36583 12,500,000.003134G8JT7 02/24/2020 3291.50002/24/2016 12,393,225.00 1.479 1.50012,500,000.00FHLMC NOTES36648 20,000,000.003134G8S83 12/30/2019 2731.50003/30/2016 19,853,740.00 1.479 1.50020,000,000.00FHLMC NOTES36649 20,000,000.003134G8PD5 09/30/2019 1821.35003/30/2016 19,888,340.00 1.337 1.35519,999,431.75FHLMC NOTES36650 3,715,000.003134G8PD5 09/30/2019 1821.35003/30/2016 3,694,259.16 1.337 1.3553,714,894.45

Portfolio SCL2AP


21

March 31, 2019


MaturityDate





YTM365


FHLMC NOTES36651 6,375,000.003134G8PD5 09/30/2019 1821.35003/30/2016 6,339,408.38 1.331 1.3506,375,000.00FHLMC NOTES36654 12,500,000.003134G8PD5 09/30/2019 1821.35003/30/2016 12,430,212.50 1.335 1.35412,499,733.63FHLMC NOTES36721 12,000,000.003134G9DD6 04/26/2019 251.15004/26/2016 11,989,176.00 1.167 1.18411,999,722.22FHLMC NOTES36729 15,000,000.003134G9AV9 10/28/2019 2101.25004/28/2016 14,893,185.00 1.261 1.27914,997,535.71FHLMC NOTES36730 4,250,000.003134G9AV9 10/28/2019 2101.25004/28/2016 4,219,735.75 1.261 1.2794,249,301.79FHLMC NOTES36785 9,000,000.003134G9HM2 11/26/2019 2391.30005/26/2016 8,930,511.00 1.282 1.3009,000,000.00FHLMC NOTES36787 5,250,000.003134G9HW0 11/26/2019 2391.25005/26/2016 5,207,779.50 1.232 1.2505,250,000.00FHLMC NOTES36823 20,000,000.003134G9QW0 06/14/2019 741.28006/14/2016 19,953,080.00 1.262 1.28020,000,000.00FHLMC NOTES37344 10,000,000.003134G3K90 09/25/2020 5431.70001/19/2017 9,898,110.00 1.667 1.69010,001,369.23FHLMC NOTES37518 25,000,000.003134GBBM3 03/29/2021 7282.00003/29/2017 24,840,375.00 1.972 2.00025,000,000.00FHLMC NOTES37578 3,500,000.003134GA5T7 01/26/2022 1,0312.12502/28/2017 3,485,268.50 2.095 2.1253,500,000.00FHLMC NOTES37579 20,000,000.003134GA5T7 01/26/2022 1,0312.12502/28/2017 19,915,820.00 2.096 2.12520,000,000.00FHLMC NOTES37621 25,000,000.003134GBEW8 07/26/2019 1161.50004/26/2017 24,922,000.00 1.479 1.50025,000,000.00FHLMC NOTES37668 8,000,000.003134GBEW8 07/26/2019 1161.50004/26/2017 7,975,040.00 1.479 1.5008,000,000.00FHLMC NOTES37669 15,000,000.003134GBGZ9 01/27/2022 1,0322.00004/27/2017 14,887,005.00 1.972 2.00015,000,000.00FHLMC NOTES37696 3,640,000.003134GBEF5 04/27/2020 3921.70004/27/2017 3,612,077.56 1.676 1.7003,640,000.00FHLMC NOTES37741 10,000,000.003134GBJJ2 01/26/2021 6661.75004/26/2017 9,887,260.00 1.726 1.75010,000,000.00FHLMC NOTES37742 25,000,000.003134GBJJ2 01/26/2021 6661.75004/26/2017 24,718,150.00 1.726 1.75025,000,000.00FHLMC NOTES37801 20,000,000.003134GBLR1 11/25/2020 6041.75005/25/2017 19,795,640.00 1.726 1.75020,000,000.00FHLMC NOTES37804 20,000,000.003134GBLQ3 05/22/2020 4171.65005/22/2017 19,831,080.00 1.627 1.65020,000,000.00FHLMC NOTES37817 15,000,000.003134GBPM8 02/24/2022 1,0602.00005/24/2017 14,884,740.00 1.972 2.00015,000,000.00FHLMC NOTES37849 20,000,000.003134GBRR5 06/15/2021 8061.80006/15/2017 19,777,740.00 1.775 1.80020,000,000.00FHLMC NOTES37861 30,000,000.003134GBRU8 06/22/2020 4481.62506/22/2017 29,716,020.00 1.602 1.62530,000,000.00FHLMC NOTES37880 5,450,000.003134GBSM5 09/22/2020 5401.70006/22/2017 5,394,742.45 1.676 1.7005,450,000.00FHLMC NOTES37893 15,000,000.003134GBRZ7 12/20/2019 2631.50006/20/2017 14,893,920.00 1.479 1.50015,000,000.00FHLMC NOTES37894 5,000,000.003134GBSW3 12/22/2020 6311.75006/22/2017 4,946,590.00 1.726 1.7505,000,000.00FHLMC NOTES37988 5,750,000.003134GBYF3 01/27/2021 6671.80007/27/2017 5,690,067.75 1.775 1.8005,750,000.00FHLMC NOTES38055 6,000,000.003134GBF64 09/28/2020 5461.60009/28/2017 5,929,866.00 1.578 1.6006,000,000.00FHLMC NOTES38090 15,000,000.003134GBU83 10/29/2021 9422.00010/30/2017 14,891,460.00 1.972 2.00015,000,000.00FHLMC NOTES38170 25,000,000.003134GBZ70 11/27/2020 6061.87511/27/2017 24,765,175.00 1.849 1.87525,000,000.00FHLMC NOTES38171 10,000,000.003134GBZ70 11/27/2020 6061.87511/27/2017 9,906,070.00 1.849 1.87510,000,000.00FHLMC NOTES38334 10,000,000.003134GSAC9 12/28/2020 6372.05012/28/2017 9,936,690.00 2.021 2.05010,000,000.00

Portfolio SCL2AP


22

March 31, 2019


MaturityDate





YTM365


FHLMC NOTES38352 25,000,000.003134GSAX3 07/01/2022 1,1872.22001/08/2018 24,908,775.00 2.189 2.22025,000,000.00FHLMC NOTES38408 20,000,000.003134G9Q75 07/26/2019 1161.25001/23/2018 19,918,400.00 2.033 2.06219,949,171.27FHLMC NOTES38466 20,000,000.003134GSFE0 02/26/2021 6972.50002/26/2018 20,083,460.00 2.465 2.50020,000,000.00FHLMC NOTES38796 15,000,000.003134GSMY8 06/15/2023 1,5362.75006/15/2018 15,091,470.00 3.426 3.47415,000,000.00FHLMC NOTES38827 22,000,000.003134GSPR0 06/28/2022 1,1843.00006/28/2018 22,024,530.00 2.958 3.00022,000,000.00FHLMC NOTES39006 10,000,000.003134GSB95 11/27/2020 6063.00011/27/2018 10,029,430.00 2.958 3.00010,000,000.00FHLMC NOTES39118 2,000,000.003134G94B0 08/16/2021 8682.25012/26/2018 1,988,032.00 2.824 2.8631,972,100.00FHLMC NOTES39122 25,000,000.003134GSL60 09/27/2022 1,2753.00012/27/2018 25,090,600.00 2.959 3.00025,000,000.00FHLMC NOTES39123 30,000,000.003134GSJ48 06/27/2022 1,1833.10012/27/2018 30,114,570.00 3.057 3.10030,000,000.00FHLMC NOTES39188 15,000,000.003134GSS63 01/30/2023 1,4002.80001/30/2019 15,034,995.00 2.761 2.80015,000,000.00FHLMC NOTES39189 10,000,000.003134GSS63 01/30/2023 1,4002.80001/30/2019 10,023,330.00 2.761 2.80010,000,000.00FHLMC NOTES39199 10,185,000.003134GSS63 01/30/2023 1,4002.80002/01/2019 10,208,761.61 2.761 2.79910,185,000.00FHLMC NOTES39353 15,000,000.003134GS6T7 09/27/2022 1,2752.62503/27/2019 15,023,070.00 2.589 2.62515,000,000.00FHLMC NOTES39354 30,000,000.003134GS6F7 03/27/2023 1,4562.72003/27/2019 30,049,440.00 2.682 2.72030,000,000.00FNMA NOTES36782 5,000,000.003136G3NC5 05/24/2019 531.00005/24/2016 4,989,245.00 1.003 1.0164,999,877.31FNMA NOTES36793 5,000,000.003136G3QY4 05/30/2019 591.25005/27/2016 4,990,050.00 1.212 1.2295,000,000.00FNMA NOTES36794 15,000,000.003136G3QY4 05/30/2019 591.25005/27/2016 14,970,150.00 1.212 1.22915,000,000.00FNMA NOTES36795 5,000,000.003136G3QY4 05/30/2019 591.25005/27/2016 4,990,050.00 1.212 1.2295,000,000.00FNMA NOTES36797 25,000,000.003136G3PR0 05/26/2021 7861.50005/27/2016 24,590,675.00 1.526 1.54824,975,229.29FNMA NOTES36845 12,980,000.003136G3TD7 06/28/2019 881.20006/28/2016 12,939,995.64 1.150 1.16512,981,045.61FNMA NOTES36846 12,050,000.003136G3TB1 06/28/2019 881.10006/28/2016 12,010,271.15 1.043 1.05712,051,213.37FNMA NOTES36849 25,000,000.003136G3SQ9 06/28/2019 881.15006/28/2016 24,920,550.00 1.134 1.15025,000,000.00FNMA NOTES36875 30,000,000.003135G0L50 07/12/2019 1021.05007/12/2016 29,883,540.00 1.035 1.05030,000,000.00FNMA NOTES36880 7,500,000.003136G3SY2 09/30/2019 1821.25007/13/2016 7,454,962.50 1.232 1.2507,500,000.00FNMA NOTES36902 15,000,000.003136G3A62 07/26/2019 1161.05007/26/2016 14,932,890.00 1.035 1.05015,000,000.00FNMA NOTES37017 20,000,000.003136G4BV4 09/30/2020 5481.45009/30/2016 19,730,060.00 1.411 1.43020,005,614.58FNMA NOTES37103 30,000,000.003135G0Q30 09/27/2019 1791.18010/21/2016 29,812,620.00 1.167 1.18329,999,500.00FNMA NOTES37509 3,000,000.003136G4MD2 09/16/2020 5341.85003/16/2017 2,975,763.00 1.824 1.8503,000,000.00FNMA NOTES38233 40,000,000.003136G4NP4 07/24/2020 4801.80012/06/2017 39,680,600.00 1.979 2.00739,894,223.63FNMA NOTES38235 6,000,000.003136G4NP4 07/24/2020 4801.80012/07/2017 5,952,090.00 1.983 2.0115,983,817.11

Subtotal and Average 1,458,768,539.11 1,461,875,000.00 1,453,358,403.66 1.968 1.996 656

Portfolio SCL2AP


23

March 31, 2019


MaturityDate





YTM365

US Treasury Notes

U.S. TREASURY NOTES38300 20,000,000.00912828S43 07/15/2019 1050.75012/15/2017 19,899,220.00 1.770 1.79419,940,857.89U.S. TREASURY NOTES38302 25,000,000.00912828TN0 08/31/2019 1521.00012/19/2017 24,846,675.00 1.792 1.81724,916,683.47U.S. TREASURY NOTES38386 20,000,000.00912828SX9 05/31/2019 601.12501/12/2018 19,955,860.00 1.878 1.90419,974,795.39U.S. TREASURY NOTES38457 25,000,000.009128282K5 07/31/2019 1211.37502/15/2018 24,908,200.00 2.102 2.13224,938,358.86U.S. TREASURY NOTES39102 15,000,000.00912828Y46 07/31/2020 4872.62512/21/2018 15,048,045.00 2.654 2.69114,986,897.12U.S. TREASURY NOTES39103 35,000,000.00912828S43 07/15/2019 1050.75012/21/2018 34,823,635.00 2.527 2.56234,818,814.47


Corporate Bonds

APPLE INC36918 30,000,000.00037833CB4 08/02/2019 1231.10008/04/2016 29,848,170.00 1.118 1.13429,996,632.65APPLE INC38124 45,000,000.00037833DJ6 11/13/2020 5922.00011/13/2017 44,675,505.00 2.001 2.02944,979,630.00BANK OF NEW YORK39031 25,000,000.0006405LAA9 12/04/2020 6133.03612/04/2018 25,036,675.00 2.994 3.03625,000,000.00BANK OF NEW YORK39032 5,000,000.0006405LAA9 12/04/2020 6133.03612/04/2018 5,007,335.00 2.994 3.0365,000,000.00BERKSHIRE HATHWY36933 10,000,000.00084664CK5 08/15/2019 1361.30008/15/2016 9,953,100.00 1.314 1.3339,998,796.48BERKSHIRE HATHWY38830 10,000,000.00084670BQ0 03/15/2021 7142.20006/29/2018 9,954,290.00 2.732 2.7709,893,173.77BERKSHIRE HATHWY38832 5,953,000.00084670BL1 08/14/2019 1352.10007/02/2018 5,940,433.22 2.561 2.5975,942,266.09CHEVRON CORP.36765 15,000,000.00166764BH2 05/16/2019 451.56105/16/2016 14,978,490.00 1.539 1.56115,000,000.00CHEVRON CORP.37503 8,000,000.00166764BP4 03/03/2020 3371.99103/03/2017 7,956,640.00 1.963 1.9918,000,000.00GOOGLE INC38601 16,705,000.0002079KAA5 05/19/2021 7793.62504/16/2018 17,128,004.01 2.645 2.68217,025,217.29IBM37380 10,000,000.00459200JN2 01/27/2020 3011.90001/27/2017 9,937,140.00 1.906 1.9339,997,368.89JPMORGAN36966 12,500,000.0048125LRG9 09/23/2019 1751.65009/23/2016 12,440,037.50 1.661 1.68512,497,969.44Coca-Cola Co38529 7,500,000.00191216BT6 10/27/2020 5751.87503/19/2018 7,432,650.00 2.646 2.6827,408,537.90MICROSOFT CORP36923 10,000,000.00594918BN3 08/08/2019 1291.10008/08/2016 9,948,440.00 1.119 1.1359,998,788.80MICROSOFT CORP37419 15,000,000.00594918BV5 02/06/2020 3111.85002/06/2017 14,911,215.00 1.847 1.87314,997,161.81MICROSOFT CORP38123 14,096,000.00594918AY0 02/12/2020 3171.85011/13/2017 14,028,888.94 1.847 1.87214,093,236.38MICROSOFT CORP39355 20,000,000.00594918BW3 02/06/2022 1,0422.40003/27/2019 19,971,380.00 2.305 2.33720,033,070.94MICROSOFT CORP39361 20,000,000.00594918BW3 02/06/2022 1,0422.40003/29/2019 19,971,380.00 2.235 2.26620,071,061.34PROCTER & GAMBLE38524 20,000,000.00742718EQ8 11/03/2021 9471.70003/15/2018 19,633,760.00 2.728 2.76619,477,851.99PROCTER & GAMBLE38526 10,000,000.00742718EQ8 11/03/2021 9471.70003/16/2018 9,816,880.00 2.709 2.7479,743,575.21TOYOTA MOTOR CREDIT36776 20,000,000.0089236TDE2 05/20/2019 491.40005/20/2016 19,967,760.00 1.428 1.44719,998,729.63TOYOTA MOTOR CREDIT37057 5,000,000.0089236TDH5 10/18/2019 2001.55010/18/2016 4,970,590.00 1.545 1.5674,999,543.98TOYOTA MOTOR CREDIT37702 5,000,000.0089236TDU6 04/17/2020 3821.95004/17/2017 4,966,865.00 1.938 1.9654,999,199.26

Portfolio SCL2AP


24

March 31, 2019


MaturityDate





YTM365

Corporate Bonds

TOYOTA MOTOR CREDIT39332 11,213,000.0089233P5F9 09/15/2021 8983.40003/21/2019 11,434,456.75 2.675 2.71211,394,836.23UBS FINANCE39207 3,000,000.0090331HPA5 02/04/2021 6753.00002/04/2019 3,019,125.00 2.974 3.0162,997,762.38U S BANK36773 19,589,000.0090331HML4 10/28/2019 2102.12505/19/2016 19,542,456.54 1.533 1.55419,651,312.94U S BANK38409 45,000,000.0090331HNJ8 01/23/2020 2972.35001/23/2018 44,890,875.00 2.340 2.37344,991,787.50WALMART38076 7,000,000.00931142EA7 12/15/2020 6241.90010/20/2017 6,939,492.00 1.920 1.9476,994,509.16WALMART38826 40,000,000.00931142EG4 06/23/2020 4492.85006/27/2018 40,169,400.00 2.843 2.88239,992,345.25WELLS FARGO36805 12,000,000.0094988J5D5 05/24/2019 531.75006/02/2016 11,985,384.00 1.740 1.76411,999,744.89EXXON MOBIL CORP38852 10,000,000.0030231GAV4 03/01/2021 7002.22209/10/2018 9,954,600.00 2.837 2.8769,879,656.57


Asset Backed Securities (ABS)

American Express Credit Acct37862 34,000,000.0002582JHG8 12/15/2021 9891.64005/30/2017 33,946,756.00 1.602 1.62433,994,553.20American Express Credit Acct38646 45,000,000.0002582JHQ6 10/17/2022 1,2952.67003/21/2018 45,035,365.50 2.653 2.69044,994,775.50BANK OF AMERICA CREDIT CARD39062 20,140,000.0005522RCZ9 09/15/2023 1,6283.00012/12/2018 20,327,952.52 2.862 2.90220,147,080.47BANK OF AMERICA CREDIT CARD39082 15,000,000.0005522RDA3 12/15/2023 1,7193.10012/18/2018 15,179,952.00 3.064 3.10715,000,585.94BANK OF AMERICA CREDIT CARD39220 25,000,000.0005522RCY2 07/17/2023 1,5682.70002/08/2019 25,079,722.50 2.716 2.75324,936,523.44BANK OF AMERICA CREDIT CARD39320 20,000,000.0005522RCY2 07/17/2023 1,5682.70003/19/2019 20,063,778.00 2.711 2.74919,987,500.00BMW VEHICLE LEASE TRUST39327 7,500,000.0005586VAD4 08/22/2022 1,2393.38003/20/2019 7,526,572.50 3.364 3.4117,498,898.25BMW VEHICLE OWNER TRUST36893 2,931,402.9905582QAD9 11/25/2020 6041.16007/20/2016 2,918,632.33 1.147 1.1632,931,389.80BMW VEHICLE OWNER TRUST38412 32,000,000.0009659QAD9 04/25/2022 1,1202.35001/24/2018 31,907,520.00 2.329 2.36231,999,680.00CHASE ISSUANCE TRUST (ABS)36929 23,000,000.00161571HF4 07/15/2021 8361.27008/11/2016 22,912,025.00 1.267 1.28522,993,668.10CHASE ISSUANCE TRUST (ABS)38708 37,000,000.00161571HN7 04/17/2023 1,4772.70905/10/2018 36,977,851.80 2.583 2.61937,000,000.00HONDA AUTO RECEIVABLES OWNER T36587 20,173.8143814NAC9 12/18/2019 2611.22002/25/2016 20,161.56 1.213 1.23020,170.94HONDA AUTO RECEIVABLES OWNER T36800 1,465,332.8743814QAC2 04/15/2020 3801.39005/31/2016 1,462,754.03 1.375 1.3951,465,304.44HONDA AUTO RECEIVABLES OWNER T37059 5,611,390.2643814RAC0 12/18/2020 6271.21010/25/2016 5,576,122.67 1.199 1.2165,611,026.08HONDA AUTO RECEIVABLES OWNER T37615 10,917,630.1043814TAC6 06/22/2020 4481.72003/28/2017 10,856,512.11 1.706 1.72910,916,980.50HONDA AUTO RECEIVABLES OWNER T37976 24,866,477.7843811BAC8 08/16/2021 8681.68006/27/2017 24,692,835.17 1.666 1.69024,864,326.83HONDA AUTO RECEIVABLES OWNER T38738 12,000,000.0043814UAG4 05/18/2022 1,1433.01005/30/2018 12,073,761.60 2.988 3.03011,999,738.40HONDA AUTO RECEIVABLES OWNER T39013 21,750,000.0043815AAC6 01/17/2023 1,3873.16011/28/2018 21,991,057.43 3.144 3.18821,746,748.38HONDA AUTO RECEIVABLES OWNER T39269 13,750,000.0043814WAC9 03/20/2023 1,4492.83002/27/2019 13,834,697.25 2.809 2.84813,749,631.50JOHN DEERE OWNER TRUST36600 437,964.8747788MAC4 04/15/2020 3801.36003/02/2016 437,675.81 1.353 1.371437,895.93JOHN DEERE OWNER TRUST36905 1,689,800.6947788NAC2 06/15/2020 4411.25007/27/2016 1,685,348.91 1.240 1.2571,689,666.18

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YTM365

Asset Backed Securities (ABS)

JOHN DEERE OWNER TRUST37507 5,669,757.7747787XAC1 04/15/2021 7451.78003/02/2017 5,642,603.03 1.769 1.7935,668,950.40JOHN DEERE OWNER TRUST38476 8,250,000.0047788CAC6 04/18/2022 1,1132.66002/28/2018 8,253,642.38 2.641 2.6788,249,406.83MERCEDES-BENZ AUTO LEASE TRUST38785 4,000,000.0058769DAE0 01/17/2023 1,3872.01006/11/2018 3,986,323.60 2.701 2.7393,965,156.25MERCEDES-BENZ AUTO LEASE TRUST39190 10,000,000.0058772TAC4 11/15/2021 9593.10001/30/2019 10,065,401.00 3.079 3.1229,999,707.00MERCEDES -BENZ AUTO REC TRUST36956 4,027,600.7958769BAD6 02/16/2021 6871.26009/14/2016 4,007,502.26 1.251 1.2694,027,109.83NISSAN AUTO LEASE TRUST36557 1,326,339.1365478UAD1 10/15/2020 5631.34002/10/2016 1,322,797.54 1.335 1.3531,326,037.79NISSAN AUTO LEASE TRUST38475 18,500,000.0065478DAD9 05/16/2022 1,1412.65002/28/2018 18,515,763.85 2.585 2.62118,497,885.45TOYOTA AUTO REC OWNER TRUST36601 976,881.7689237KAD5 03/16/2020 3501.25003/02/2016 975,839.92 1.238 1.256976,826.37TOYOTA AUTO REC OWNER TRUST37035 5,818,926.7289231LAD9 10/15/2020 5631.23010/12/2016 5,791,225.72 1.222 1.2395,818,198.19TOYOTA AUTO REC OWNER TRUST37568 6,948,395.7189238MAD0 02/16/2021 6871.73003/15/2017 6,915,269.23 1.684 1.7086,947,577.88TOYOTA AUTO REC OWNER TRUST38137 24,000,000.0089238KAD4 01/18/2022 1,0231.93011/15/2017 23,826,448.80 1.914 1.94023,997,787.20TOYOTA AUTO REC OWNER TRUST38958 10,000,000.0089231PAD0 03/15/2023 1,4443.18011/07/2018 10,137,019.00 3.167 3.2119,997,837.00


Asset Backed Securities-Green Bond

TOYOTA AUTO REC OWNER TRUST36753 516,640.7089231UAD9 04/15/2020 3801.30005/11/2016 515,723.87 1.283 1.301516,633.72

Subtotal and Average 516,633.72 516,640.70 515,723.87 1.284 1.301 380

Municipal Bonds

CALIFORNIA ST36313 10,220,000.0013063CSQ4 04/01/2020 3661.80010/27/2015 10,158,782.20 1.632 1.65510,234,218.24CALIFORNIA ST36731 15,000,000.0013063CP87 04/01/2021 7311.50004/28/2016 14,757,150.00 1.608 1.63014,969,786.80North Dakota State Finance37523 500,000.0065887PHS7 10/01/2021 9145.00003/06/2017 542,320.00 1.400 1.420543,175.38New York State Dormatory Auth36822 3,000,000.0064990CEM9 07/01/2019 911.45606/14/2016 2,990,040.00 1.435 1.4553,000,000.00UNIVERSITY CALIFORNIA REVS35763 250,000.0091412GWV3 05/15/2019 442.00303/25/2015 249,845.00 1.975 2.002250,000.00UNIVERSITY CALIFORNIA REVS36710 3,000,000.0091412GD36 05/15/2019 441.16904/20/2016 2,995,170.00 1.152 1.1683,000,000.00UNIVERSITY CALIFORNIA REVS39314 4,000,000.0091412GWY7 05/15/2022 1,1402.82603/15/2019 4,040,720.00 2.530 2.5664,030,880.42UNIVERSITY CALIFORNIA REVS39321 1,000,000.0091412HEX7 05/15/2023 1,5052.65703/19/2019 1,004,150.00 2.620 2.6571,000,000.00UNIVERSITY CALIFORNIA REVS39322 665,000.0091412HEW9 05/15/2022 1,1402.60803/19/2019 667,447.20 2.571 2.606665,000.00


Commercial Paper, Discount

Credit Agricole Corporation39254 25,000,000.0022533UTM5 06/21/2019 812.50002/21/2019 24,849,616.75 2.521 2.55624,861,015.93

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YTM365

Commercial Paper, Discount

JP Morgan Securities38931 45,000,000.0046640QUS8 07/26/2019 1162.93010/29/2018 44,616,225.15 3.023 3.06544,569,342.29JP Morgan Securities39279 50,000,000.0046640QXX4 10/31/2019 2132.59003/04/2019 49,223,000.00 2.681 2.71849,233,852.13METLIFE SHORT TERM FUND39292 40,000,000.0059157USM3 05/21/2019 502.50003/08/2019 39,856,802.00 2.512 2.54739,862,267.63PRIVATE EXPORT FUND CORPORATIO39231 30,000,000.007426M3UF4 07/15/2019 1052.55002/12/2019 29,767,800.00 2.577 2.61329,777,936.01PRIVATE EXPORT FUND CORPORATIO39245 50,000,000.007426M3UC1 07/12/2019 1022.54002/15/2019 49,623,750.00 2.566 2.60249,641,992.72TORONTO DOMINION BANK39297 50,000,000.0089116FU57 07/05/2019 952.50503/11/2019 49,666,800.00 2.525 2.56049,671,787.14


Federal Agency Discount Notes

FHLB DISCOUNT39349 50,000,000.00313384JX8 08/02/2019 1232.41003/27/2019 49,588,300.00 2.464 2.49849,585,577.71FHLB DISCOUNT39350 25,000,000.00313384KM0 08/16/2019 1372.41003/27/2019 24,770,725.00 2.466 2.50124,769,097.05FHLB DISCOUNT39360 200,000,000.00313384DU0 04/01/2019 02.25003/29/2019 200,000,000.00 2.281 2.313200,000,000.00FARMER MAC DISCOUNT NOTE39352 25,000,000.0031315KDX5 04/04/2019 32.39503/27/2019 24,994,950.00 2.429 2.46324,995,024.70


Local Agency Investment Fund

LOCAL AGENCY INVEST FUND8506 41,520,181.91SYS8506 12.39007/01/2015 41,520,181.91 2.357 2.39041,520,181.91


Money Market

JP MORGAN US GOVT MMF37590 0.00SYS37590 12.32002/27/2017 0.00 2.288 2.3200.00MORGAN STANLEY TRSY INSTL 830434292 0.00SYS34292 12.30005/21/2013 0.00 2.268 2.3000.00BLACKKROCK TREASURY LIQ FUND23519 361,362,982.50SYS23519 12.37002/01/2008 361,362,982.50 2.337 2.370361,362,982.50


Supranationals - Green Bond

IADB38324 25,000,000.0045818WBU9 01/15/2022 1,0202.83712/21/2017 25,009,250.00 2.676 2.71325,000,000.00


Supranationals

IADB37663 35,000,000.004581X0CX4 05/12/2020 4071.62504/12/2017 34,705,790.00 1.680 1.70434,970,033.38IADB38317 45,000,000.0045818WBP0 07/15/2022 1,2012.85712/21/2017 45,034,200.00 2.642 2.67945,026,260.62IADB38385 20,000,000.0045818WBM7 07/15/2021 8362.98701/12/2018 20,078,600.00 2.558 2.59320,085,428.75

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YTM365

Supranationals

IADB38739 10,000,000.0045818WBM7A 07/15/2021 8362.98705/30/2018 10,039,300.00 2.525 2.56010,056,514.19INTL BANK RECON & DEVELOP36653 20,000,000.00459058FA6 03/30/2020 3641.37603/30/2016 19,789,320.00 1.435 1.45519,984,742.50INTL BANK RECON & DEVELOP36881 40,000,000.00459058FK4 08/15/2019 1360.87607/13/2016 39,755,400.00 0.869 0.88139,998,987.77


ABS - Cont.

CITIBANK CREDIT CARD ISSUANCE37208 40,000,000.0017305EFW0 11/19/2021 9631.75012/08/2016 39,778,188.00 1.725 1.74939,998,858.78


Total Investments and Average 7,150,681,019.42 7,157,624,129.59 7,139,350,993.70 2.190 2.220 495

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Fund WK - WORKERS COMPInvestments by Fund Page 15



YTM365


FNMA Multi-Family39318 3,000,000.003138LGKH8 01/01/2024 1,7362.47003/19/2019 2,976,066.81 2.794 2.8332,953,125.00



FFCB NOTES38872 3,000,000.003133EJZU6 09/20/2021 9032.85009/27/2018 3,036,804.00 2.915 2.9562,992,493.63FFCB NOTES38879 1,000,000.003133EJZH5 09/13/2022 1,2612.80010/05/2018 1,015,817.00 2.997 3.038992,283.48FFCB NOTES39112 2,000,000.003133EJ3B3 12/17/2021 9912.80012/24/2018 2,024,806.00 2.695 2.7322,003,474.67FHLB NOTES39114 1,500,000.003130A0F70 12/08/2023 1,7123.37512/24/2018 1,568,224.50 2.778 2.8171,536,354.66FHLMC NOTES37310 2,500,000.003137EAEC9 08/12/2021 8641.12512/30/2016 2,432,062.50 1.961 1.9882,451,446.40FNMA NOTES37309 3,500,000.003135G0R39 10/24/2019 2061.00012/30/2016 3,471,394.50 1.489 1.5103,490,204.35


Money Market

BLACKKROCK TREASURY LIQ FUND34789 12,271,949.62SYS34789 12.37012/26/2013 12,271,949.62 2.337 2.37012,271,949.62


Total Investments and Average 28,691,331.81 28,771,949.62 28,797,124.93 2.381 2.414 576

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MaturityDate


Fund PCF - PARK CHARTER FUNDInvestments by Fund Page 16



YTM365


FFCB NOTES39113 1,700,000.003133EJ3B3 12/17/2021 9912.80012/24/2018 1,721,085.10 2.695 2.7321,702,953.47FHLMC NOTES37307 500,000.003137EAEC9 08/12/2021 8641.12512/30/2016 486,412.50 1.961 1.988490,289.28FNMA NOTES37308 1,500,000.003135G0R39 10/24/2019 2061.00012/30/2016 1,487,740.50 1.488 1.5081,495,801.86


Money Market

BLACKKROCK TREASURY LIQ FUND33657 525,154.37SYS33657 12.37009/30/2012 525,154.37 2.337 2.370525,154.37

Subtotal and Average 525,154.37 525,154.37 525,154.37 2.338 2.370 1


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Fund SJE - SAN JOSE- EVERGREENInvestments by Fund Page 17



YTM365

Municipal Bonds

ALASKA ST35082 200,000.00011770Z56 08/01/2019 1225.00005/08/2014 202,260.00 1.252 1.270202,398.22ALASKA ST35083 250,000.00011770Z56 08/01/2019 1225.00005/08/2014 252,825.00 1.252 1.270252,997.77CALIFORNIA ST37543 500,000.0013063C5Q9 08/01/2022 1,2185.00003/14/2017 556,455.00 1.844 1.870549,400.10CALIFORNIA ST37573 400,000.0013063BFJ6 03/01/2022 1,0655.25003/20/2017 414,004.00 2.661 2.698427,709.15CALIFORNIA ST37714 225,000.0013063BAM4 10/01/2021 9145.25003/08/2017 229,322.25 0.957 0.971238,311.02Connecticut-F37546 500,000.0020772JQ96 11/15/2021 9595.00003/09/2017 540,545.00 1.873 1.900538,703.44FLORIDA STATE BOARD EDUCATION34972 350,000.0034153P3H9 06/01/2019 615.00004/01/2014 351,998.50 1.351 1.370352,037.34FLORIDA STATE BOARD EDUCATION35185 1,065,000.00341150M31 07/01/2020 4575.00006/27/2014 1,110,858.90 1.588 1.6101,107,849.02GEORGIA ST34915 350,000.00373384YJ9 07/01/2019 915.00003/10/2014 353,027.50 1.035 1.050353,352.75MASSACHUSETTS ST35081 530,000.0057582PK74 04/01/2019 05.00005/08/2014 530,000.00 1.242 1.260530,000.00MASSACHUSETTS ST37561 200,000.0057582RKW5 04/01/2022 1,0965.00003/16/2017 220,108.00 1.607 1.630219,334.08MINNESOTA ST35288 200,000.006041294D5 08/01/2020 4885.00008/21/2014 209,210.00 1.410 1.430209,094.88NORTH CAROLINA ST35131 365,000.00658256T93 05/01/2020 3965.00006/05/2014 378,917.45 1.400 1.420378,531.28OHIO ST37526 305,000.00677521Q82 10/01/2021 9145.00003/08/2017 330,501.05 1.509 1.530330,460.17VERMONT ST34946 100,000.00924258ZN9 08/15/2019 1365.00003/21/2014 101,286.00 1.262 1.280101,333.66WASHINGTON ST37524 500,000.0093974CC65 07/01/2021 8225.00003/08/2017 538,095.00 1.352 1.371539,509.01WISCONSIN STATE34880 250,000.0097705L4E4 05/01/2019 305.00002/13/2014 250,695.00 1.198 1.214250,749.52WISCONSIN STATE34881 100,000.0097705L4E4 05/01/2019 305.00002/13/2014 100,278.00 1.169 1.185100,302.48WISCONSIN STATE37717 500,000.0097705MFT7 05/01/2022 1,1265.00003/29/2017 551,760.00 1.647 1.670549,013.89


Money Market - Tax Exempt

Dreyfus Tax Exempt Inst33615 9,873,529.57SYS33615 11.37009/25/2012 9,873,529.57 1.351 1.3709,873,529.57



Portfolio SCL2AP


31

SANTA CLARA COUNTY INVESTMENTSTransaction Activity Report

January 1, 2019 - March 31, 2019Sorted by Transaction Date - Transaction Date

COMMINGLED POOL Fund

TotalCashInterest

PrincipalPaydowns

NewPrincipalFundInvestment # IssuerDealerTransactionDateInv DescripCUSIP

39131 COMM 199,986,944.44 -199,986,944.44FHLB DISCOUNTUBS FINANCE01/02/2019FHDN DISC NOTE313384AC339130 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/02/2019USTN 3.05% MATSYS3913039092 COMM 50,000,000.00 50,000,000.003M COMPANYCITIGROUP GLOBAL01/02/2019MMMPP DISC NOTE88580DN2639129 COMM 175,000,000.00 175,000,000.00FHLB DISCOUNTUBS FINANCE01/02/2019FHDN DISC NOTE313384AB536822 COMM 21,840.00 21,840.00New York StateWELLS FARGO01/02/2019NYSHGR 1.456%64990CEM938352 COMM 277,500.00 277,500.00FHLMC NOTESINCAPITAL LLC01/02/2019FEDERAL HOME LN3134GSAX3

Totals for 01/02/2019 399,986,944.44 225,000,000.00 299,340.00 -174,687,604.44

39133 COMM 199,986,944.44 -199,986,944.44FHLB DISCOUNTUBS FINANCE01/03/2019FHDN ZERO CPN313384AD139132 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/03/2019USTN 2.7% MATSYS3913239130 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/03/2019USTN 3.05% MATSYS3913039131 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE01/03/2019FHDN DISC NOTE313384AC339130 COMM 16,944.45 16,944.45U.S. TREASURYBARCLAYS CAPITAL01/03/2019USTN 3.05% MATSYS3913034292 COMM 360.73 360.73MORGAN STANLEY01/03/2019MSTI 0.%SYS3429234292 COMM 360.73 -360.73MORGAN STANLEY01/03/2019MSTI 0.%SYS3429237590 COMM 536,734.39 536,734.39JP MORGAN USJPMorganChase01/03/2019JPM TE 0.44%SYS3759037590 COMM 536,734.39 -536,734.39JP MORGAN USJPMorganChase01/03/2019JPM TE 0.44%SYS37590

Totals for 01/03/2019 400,524,039.56 400,000,000.00 554,039.57 30,000.01

39134 COMM 199,961,000.00 -199,961,000.00FHLB DISCOUNTUBS FINANCE01/04/2019FHDN DISC NOTE313384AG439135 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/04/2019USTN 2.42% MATSYS3913538365 COMM 35,000,000.00 35,000,000.00FHLB DISCOUNTLOOP CAPITAL01/04/2019FHDN ZERO CPN313384AD138564 COMM 50,000,000.00 50,000,000.00BANK OF AMERICAMERRILL LYNCH01/04/2019BANK AMER N A06052TZT038577 COMM 65,000,000.00 65,000,000.00TOYOTA MOTORTOYOTA MOTOR01/04/2019TOYO ZERO CPN89233HN4239132 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/04/2019USTN 2.7% MATSYS3913239133 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE01/04/2019FHDN ZERO CPN313384AD138564 COMM 947,583.34 947,583.34BANK OF AMERICAMERRILL LYNCH01/04/2019BANK AMER N A06052TZT039132 COMM 15,000.02 15,000.02U.S. TREASURYBARCLAYS CAPITAL01/04/2019USTN 2.7% MATSYS39132

Totals for 01/04/2019 399,961,000.00 550,000,000.00 962,583.36 151,001,583.36

39137 COMM 199,987,055.56 -199,987,055.56FHLB DISCOUNTUBS FINANCE01/07/2019FHDN DISC NOTE313384AH239136 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/07/2019USTN 2.37% MATSYS3913639134 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE01/07/2019FHDN DISC NOTE313384AG439135 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/07/2019USTN 2.42% MATSYS3913536866 COMM 150,000.00 150,000.00FFCB NOTESMERRILL LYNCH01/07/2019FEDERAL FARM CR3133EGKA237582 COMM 100,000.00 100,000.00FNMA NOTESKEYBANC CAPITAL01/07/2019FEDERAL NATL MTG3135G0S38

Portfolio SCL2AP

Run Date: 04/17/2019 - 12:22 TA (PRF_TA) 7.1.1Report Ver. 7.3.6.1

32

Sorted by Transaction Date - Transaction DatePage 2Transaction Activity Report


TotalCashInterest

PrincipalPaydowns


38079 COMM 100,000.00 100,000.00FNMA NOTESKEYBANC CAPITAL01/07/2019FEDERAL NATL MTG3135G0S3838142 COMM 113,950.00 113,950.00FNMA NOTESKEYBANC CAPITAL01/07/2019FEDERAL NATL MTG3135G0S3838837 COMM 65,625.00 65,625.00FFCB NOTESINCAPITAL LLC01/07/2019FEDERAL FARM CR3133EJTT638838 COMM 65,625.00 65,625.00FFCB NOTESINCAPITAL LLC01/07/2019FEDERAL FARM CR3133EJTT639135 COMM 40,333.33 40,333.33U.S. TREASURYBARCLAYS CAPITAL01/07/2019USTN 2.42% MATSYS39135

Totals for 01/07/2019 399,987,055.56 400,000,000.00 635,533.33 648,477.77

39140 COMM 99,993,694.00 -99,993,694.00FHLB DISCOUNTUBS FINANCE01/08/2019FHDN DISC NOTE313384AJ839138 COMM 15,037,956.25 -15,037,956.25FHLB NOTESINCAPITAL LLC01/08/2019FEDERAL HOME3130ABFD339139 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/08/2019USTN 2.4% MATSYS3913939136 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/08/2019USTN 2.37% MATSYS3913639137 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE01/08/2019FHDN DISC NOTE313384AH239136 COMM 13,166.68 13,166.68U.S. TREASURYBARCLAYS CAPITAL01/08/2019USTN 2.37% MATSYS39136

Totals for 01/08/2019 315,031,650.25 400,000,000.00 13,166.68 84,981,516.43

39143 COMM 60,000,000.00 -60,000,000.00BANK OF AMERICAMERRILL LYNCH01/09/2019BA 2.81% MAT06052TD8039142 COMM 99,993,666.66 -99,993,666.66FHLB DISCOUNTUBS FINANCE01/09/2019FHDN DISC NOTE313384AK539141 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/09/2019USTN 2.43% MATSYS3914138700 COMM 8,200,000.00 8,200,000.00TOYOTA MOTORKEYBANC CAPITAL01/09/2019TOYOTA MOTOR89236TDM439139 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/09/2019USTN 2.4% MATSYS3913939140 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTUBS FINANCE01/09/2019FHDN DISC NOTE313384AJ838578 COMM 232,000.00 232,000.00FHLB NOTESINCAPITAL LLC01/09/2019FEDERAL HOME3130ADXU138700 COMM 69,700.00 69,700.00TOYOTA MOTORKEYBANC CAPITAL01/09/2019TOYOTA MOTOR89236TDM439139 COMM 13,333.34 13,333.34U.S. TREASURYBARCLAYS CAPITAL01/09/2019USTN 2.4% MATSYS39139

Totals for 01/09/2019 359,993,666.66 308,200,000.00 315,033.34 -51,478,633.32

39145 COMM 99,993,666.66 -99,993,666.66FHLB DISCOUNTUBS FINANCE01/10/2019313384AL339144 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/10/2019USTN 2.41% MATSYS3914439141 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/10/2019USTN 2.43% MATSYS3914139142 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTUBS FINANCE01/10/2019FHDN DISC NOTE313384AK539141 COMM 13,500.01 13,500.01U.S. TREASURYBARCLAYS CAPITAL01/10/2019USTN 2.43% MATSYS39141

Totals for 01/10/2019 299,993,666.66 300,000,000.00 13,500.01 19,833.35

39146 COMM 99,981,000.00 -99,981,000.00FHLB DISCOUNTUBS FINANCE01/11/2019FHDN DISC NOTE313384AP439147 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/11/2019USTN 2.37% MATSYS3914739144 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/11/2019USTN 2.41% MATSYS3914439145 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTUBS FINANCE01/11/2019313384AL339144 COMM 13,388.89 13,388.89U.S. TREASURYBARCLAYS CAPITAL01/11/2019USTN 2.41% MATSYS39144

Totals for 01/11/2019 299,981,000.00 300,000,000.00 13,388.89 32,388.89

39149 COMM 49,996,847.22 -49,996,847.22FHLB DISCOUNTUBS FINANCE01/14/2019FHDN DISC NOTE313384AQ239150 COMM 30,125,581.77 -30,125,581.77FNMA Multi-FamilyBOK FINANCIAL01/14/2019FNMAM 2.75% MAT31381TYT139148 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/14/2019USTN 2.37% MATSYS39148

Portfolio SCL2AP


33



TotalCashInterest

PrincipalPaydowns


39146 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTUBS FINANCE01/14/2019FHDN DISC NOTE313384AP439147 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/14/2019USTN 2.37% MATSYS3914736875 COMM 157,500.00 157,500.00FNMA NOTESBARCLAYS CAPITAL01/14/2019FEDERAL NATL MTG3135G0L5039147 COMM 39,500.02 39,500.02U.S. TREASURYBARCLAYS CAPITAL01/14/2019USTN 2.37% MATSYS39147

Totals for 01/14/2019 280,122,428.99 300,000,000.00 197,000.02 20,074,571.03

39152 COMM 99,993,694.44 -99,993,694.44FHLB DISCOUNTUBS FINANCE01/15/2019FHDN DISC NOTE313384AR039151 COMM 24,603,243.06 -24,603,243.06FHLB NOTESBREAN CAPITAL LLC01/15/2019FEDERAL HOME3130ACF6639153 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/15/2019USTN 2.4% MATSYS391538506 COMM 249,391.01 -249,391.01LOCAL AGENCY01/15/2019LAIF 1.65%SYS850636753 COMM 176,981.74 176,981.74TOYOTA AUTO RECCITIGROUP GLOBAL01/15/2019TOYO 1.3% MAT89231UAD936753 COMM 9.04 9.04TOYOTA AUTO RECCITIGROUP GLOBAL01/15/2019TOYO 1.3% MAT89231UAD937065 COMM 234,978.27 234,978.27MERCEDES-BENZBANK OF AMERICA01/15/2019MBALT 1.35% MAT58768MAC538998 COMM 35,000,000.00 35,000,000.00U S TREASURY BILLBMO CAPITAL01/15/2019UNITED STATES912796UJ639148 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/15/2019USTN 2.37% MATSYS3914839149 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTUBS FINANCE01/15/2019FHDN DISC NOTE313384AQ236753 COMM 1,122.07 1,122.07TOYOTA AUTO RECCITIGROUP GLOBAL01/15/2019TOYO 1.3% MAT89231UAD938300 COMM 75,000.00 75,000.00U.S. TREASURYDEUTSCHE BANK01/15/2019UNITED STATES912828S4338317 COMM 288,450.00 288,450.00IADBBMO CAPITAL01/15/2019IADB 1.42917% MAT45818WBP038324 COMM 155,500.00 155,500.00IADBBMO CAPITAL01/15/2019IADB 1.64203% MAT45818WBU938385 COMM 134,800.00 134,800.00IADBMERRILL LYNCH01/15/2019IADB 1.92152% MAT45818WBM738739 COMM 67,400.00 67,400.00IADBBMO CAPITAL01/15/2019IADB 1.92152% MAT45818WBM7A39103 COMM 131,250.00 131,250.00U.S. TREASURYDEUTSCHE BANK01/15/2019UNITED STATES912828S4339103 COMM 113,417.12 -113,417.12 0.00U.S. TREASURYDEUTSCHE BANK01/15/2019UNITED STATES912828S4339148 COMM 13,166.65 13,166.65U.S. TREASURYBARCLAYS CAPITAL01/15/2019USTN 2.37% MATSYS3914836557 COMM 2,346.83 2,346.83NISSAN AUTOMERRILL LYNCH01/15/2019NALT 1.34% MAT65478UAD136557 COMM 266,563.96 266,563.96NISSAN AUTOMERRILL LYNCH01/15/2019NALT 1.34% MAT65478UAD136600 COMM 2,169.55 2,169.55JOHN DEEREMERRILL LYNCH01/15/2019JDOT 1.36% MAT47788MAC436600 COMM 555,416.21 555,416.21JOHN DEEREMERRILL LYNCH01/15/2019JDOT 1.36% MAT47788MAC436601 COMM 2,884.59 2,884.59TOYOTA AUTO RECMERRILL LYNCH01/15/2019TAOT 1.25% MAT89237KAD536601 COMM 619,023.83 619,023.83TOYOTA AUTO RECMERRILL LYNCH01/15/2019TAOT 1.25% MAT89237KAD536800 COMM 3,465.97 3,465.97HONDA AUTOMERRILL LYNCH01/15/2019HAROT 1.39% MAT43814QAC236800 COMM 521,408.99 521,408.99HONDA AUTOMERRILL LYNCH01/15/2019HAROT 1.39% MAT43814QAC236905 COMM 3,475.50 3,475.50JOHN DEEREROYAL BANK OF01/15/2019JDOT 1.25% MAT47788NAC236905 COMM 570,339.12 570,339.12JOHN DEEREROYAL BANK OF01/15/2019JDOT 1.25% MAT47788NAC236929 COMM 24,341.66 24,341.66CHASE ISSUANCEJPMorganChase01/15/2019CHAIT 1.27% MAT161571HF436929 COMM 840,601.56 840,601.56CHASE ISSUANCEJPMorganChase01/15/2019CHAIT 1.27% MAT161571HF436956 COMM 5,885.09 5,885.09MERCEDES -BENZCITIGROUP GLOBAL01/15/2019MBART 1.26% MAT58769BAD636956 COMM 555,313.58 555,313.58MERCEDES -BENZCITIGROUP GLOBAL01/15/2019MBART 1.26% MAT58769BAD637035 COMM 8,604.89 8,604.89TOYOTA AUTO RECJPMorganChase01/15/2019TAOT 1.23% MAT89231LAD937035 COMM 889,482.33 889,482.33TOYOTA AUTO RECJPMorganChase01/15/2019TAOT 1.23% MAT89231LAD9

Portfolio SCL2AP


34



TotalCashInterest

PrincipalPaydowns


37065 COMM 264.35 264.35MERCEDES-BENZBANK OF AMERICA01/15/2019MBALT 1.35% MAT58768MAC537065 COMM 30,207.08 30,207.08MERCEDES-BENZBANK OF AMERICA01/15/2019MBALT 1.35% MAT58768MAC537065 COMM 0.00MERCEDES-BENZBANK OF AMERICA01/15/2019MBALT 1.35% MAT58768MAC537065 COMM 0.00MERCEDES-BENZBANK OF AMERICA01/15/2019MBALT 1.35% MAT58768MAC537507 COMM 11,104.17 11,104.17JOHN DEEREBANK OF AMERICA01/15/2019JDOT 1.78% MAT47787XAC137507 COMM 622,373.90 622,373.90JOHN DEEREBANK OF AMERICA01/15/2019JDOT 1.78% MAT47787XAC137568 COMM 12,960.87 12,960.87TOYOTA AUTO RECBANK OF AMERICA01/15/2019TAOT 1.73% MAT89238MAD037568 COMM 693,912.96 693,912.96TOYOTA AUTO RECBANK OF AMERICA01/15/2019TAOT 1.73% MAT89238MAD037862 COMM 46,466.68 46,466.68American ExpressROYAL BANK OF01/15/2019AMXCA 1.64% MAT02582JHG837862 COMM 1,034,215.49 1,034,215.49American ExpressROYAL BANK OF01/15/2019AMXCA 1.64% MAT02582JHG837976 COMM 39,200.00 39,200.00HONDA AUTOCITIGROUP GLOBAL01/15/2019HAROT 1.68% MAT43811BAC837976 COMM 917,125.57 917,125.57HONDA AUTOCITIGROUP GLOBAL01/15/2019HAROT 1.68% MAT43811BAC838137 COMM 38,599.99 38,599.99TOYOTA AUTO RECJPMorganChase01/15/2019TAOT 1.93% MAT89238KAD438137 COMM 668,204.32 668,204.32TOYOTA AUTO RECJPMorganChase01/15/2019TAOT 1.93% MAT89238KAD438475 COMM 40,854.16 40,854.16NISSAN AUTOMERRILL LYNCH01/15/2019NALT 2.65% MAT65478DAD938475 COMM 454,282.83 454,282.83NISSAN AUTOMERRILL LYNCH01/15/2019NALT 2.65% MAT65478DAD938476 COMM 18,287.50 18,287.50JOHN DEEREROYAL BANK OF01/15/2019JDOT 2.66% MAT47788CAC638476 COMM 205,976.19 205,976.19JOHN DEEREROYAL BANK OF01/15/2019JDOT 2.66% MAT47788CAC638646 COMM 100,125.00 100,125.00American ExpressBARCLAYS CAPITAL01/15/2019AMXCA 2.67% MAT02582JHQ638646 COMM 983,373.12 983,373.12American ExpressBARCLAYS CAPITAL01/15/2019AMXCA 2.67% MAT02582JHQ638708 COMM 79,137.64 79,137.64CHASE ISSUANCEBARCLAYS CAPITAL01/15/2019CHAIT 2.1227% MAT161571HN738708 COMM 707,564.97 707,564.97CHASE ISSUANCEBARCLAYS CAPITAL01/15/2019CHAIT 2.1227% MAT161571HN738785 COMM 6,700.00 6,700.00MERCEDES-BENZBOK FINANCIAL01/15/2019MBALT 2.01% MAT58769DAE038785 COMM 89,302.48 89,302.48MERCEDES-BENZBOK FINANCIAL01/15/2019MBALT 2.01% MAT58769DAE038958 COMM 26,500.00 26,500.00TOYOTA AUTO RECJPMorganChase01/15/2019TAOT 3.18% MAT89231PAD038958 COMM 186,623.93 186,623.93TOYOTA AUTO RECJPMorganChase01/15/2019TAOT 3.18% MAT89231PAD039013 COMM 57,274.99 57,274.99HONDA AUTOJPMorganChase01/15/2019HAROT 3.16% MAT43815AAC639013 COMM 414,627.65 414,627.65HONDA AUTOJPMorganChase01/15/2019HAROT 3.16% MAT43815AAC639062 COMM 50,350.00 50,350.00BANK OF AMERICAROYAL BANK OF01/15/2019BACCT 3.% MAT05522RCZ939062 COMM 352,582.93 352,582.93BANK OF AMERICAROYAL BANK OF01/15/2019BACCT 3.% MAT05522RCZ939082 COMM 38,750.00 38,750.00BANK OF AMERICAROYAL BANK OF01/15/2019BACCT 3.1% MAT05522RDA339082 COMM 241,338.87 241,338.87BANK OF AMERICAROYAL BANK OF01/15/2019BACCT 3.1% MAT05522RDA339082 COMM -3,875.00 -3,875.00BANK OF AMERICAROYAL BANK OF01/15/2019BACCT 3.1% MAT05522RDA339082 COMM 0.00BANK OF AMERICAROYAL BANK OF01/15/2019BACCT 3.1% MAT05522RDA38506 COMM 249,391.01 249,391.01LOCAL AGENCY01/15/2019LAIF 1.65%SYS8506

Totals for 01/15/2019 324,846,328.51 297,945,248.04 1,618,537.04 -25,282,543.43

39157 COMM 19,988,483.33 -19,988,483.33FFCB NOTESKEYBANC CAPITAL01/16/2019FEDERAL FARM CR3133EJ4Q939156 COMM 149,990,541.66 -149,990,541.66FHLB DISCOUNTUBS FINANCE01/16/2019FHDN DISC NOTE313384AS839158 COMM 14,969,566.21 -14,969,566.21FNMA Multi-FamilyKEYBANC CAPITAL01/16/2019FNMAM 3.84% MAT31381RZ2339155 COMM 49,996,722.22 -49,996,722.22Natixis NY BranchMERRILL LYNCH01/16/2019NATXNY DISC NOTE63873KNH6

Portfolio SCL2AP


35



TotalCashInterest

PrincipalPaydowns


39154 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/16/2019USTN 2.37% MATSYS3915437190 COMM 50,000,000.00 50,000,000.00FHLB NOTESBANK OF AMERICA01/16/2019FEDERAL HOME3130AAE4638202 COMM 25,000,000.00 25,000,000.00FHLB NOTESKEYBANC CAPITAL01/16/2019FEDERAL HOME3130AAE4639152 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTUBS FINANCE01/16/2019FHDN DISC NOTE313384AR039153 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/16/2019USTN 2.4% MATSYS3915337190 COMM 312,500.00 312,500.00FHLB NOTESBANK OF AMERICA01/16/2019FEDERAL HOME3130AAE4638202 COMM 156,250.00 156,250.00FHLB NOTESKEYBANC CAPITAL01/16/2019FEDERAL HOME3130AAE4639153 COMM 13,333.32 13,333.32U.S. TREASURYBARCLAYS CAPITAL01/16/2019USTN 2.4% MATSYS39153

Totals for 01/16/2019 434,945,313.42 375,000,000.00 482,083.32 -59,463,230.10

39160 COMM 99,993,722.22 -99,993,722.22FHLB DISCOUNTUBS FINANCE01/17/2019FHDN DISC NOTE313384AT639161 COMM 49,981,166.67 -49,981,166.67FHLB DISCOUNTMIZUHO01/17/2019FHDN DISC NOTE313384AY539159 COMM 49,980,333.33 -49,980,333.33Natixis NY BranchMERRILL LYNCH01/17/2019NATXNY DISC NOTE63873KNP839162 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/17/2019USTN 2.36% MATSYS3916237466 COMM 15,000,000.00 15,000,000.00FFCB NOTESDaiwa Capital Market01/17/2019FEDERAL FARM CR3133EG3X137628 COMM 25,000,000.00 25,000,000.00FFCB NOTESKEYBANC CAPITAL01/17/2019FEDERAL FARM CR3133EG3X139154 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/17/2019USTN 2.37% MATSYS3915439155 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH01/17/2019NATXNY DISC NOTE63873KNH639156 COMM 150,000,000.00 150,000,000.00FHLB DISCOUNTUBS FINANCE01/17/2019FHDN DISC NOTE313384AS837443 COMM 150,000.00 150,000.00FHLMC NOTESKEYBANC CAPITAL01/17/2019FEDERAL HOME LN3137EAEE537466 COMM 93,750.00 93,750.00FFCB NOTESDaiwa Capital Market01/17/2019FEDERAL FARM CR3133EG3X137628 COMM 156,250.00 156,250.00FFCB NOTESKEYBANC CAPITAL01/17/2019FEDERAL FARM CR3133EG3X139154 COMM 13,166.67 13,166.67U.S. TREASURYBARCLAYS CAPITAL01/17/2019USTN 2.37% MATSYS39154

Totals for 01/17/2019 399,955,222.22 440,000,000.00 413,166.67 40,457,944.45

39165 COMM 14,845,845.00 -14,845,845.00FFCB NOTESINCAPITAL LLC01/18/2019FEDERAL FARM CR3133EJ5V739164 COMM 149,962,166.67 -149,962,166.67FHLB DISCOUNTUBS FINANCE01/18/2019FHDN DISC NOTE313384AX739163 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/18/2019USTN 2.36% MATSYS3916338687 COMM 50,000,000.00 50,000,000.00PRIVATE EXPORTWILLIAMS CAPITAL01/18/2019PEFCO ZERO CPN7426M3NJ438987 COMM 15,000,000.00 15,000,000.00CHEVRONCITIGROUP GLOBAL01/18/2019CHEVRO DISC NOTE16677KNJ838988 COMM 40,000,000.00 40,000,000.00CHEVRONCITIGROUP GLOBAL01/18/2019CHEVRO DISC NOTE16677KNJ839160 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTUBS FINANCE01/18/2019FHDN DISC NOTE313384AT639162 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/18/2019USTN 2.36% MATSYS3916239162 COMM 13,111.10 13,111.10U.S. TREASURYBARCLAYS CAPITAL01/18/2019USTN 2.36% MATSYS3916236587 COMM 1,744.06 1,744.06HONDA AUTOJPMorganChase01/18/2019HAROT 1.22% MAT43814NAC936587 COMM 575,095.86 575,095.86HONDA AUTOJPMorganChase01/18/2019HAROT 1.22% MAT43814NAC937059 COMM 7,636.41 7,636.41HONDA AUTOBARCLAYS CAPITAL01/18/2019HAROT 1.21% MAT43814RAC037059 COMM 661,605.93 661,605.93HONDA AUTOBARCLAYS CAPITAL01/18/2019HAROT 1.21% MAT43814RAC038738 COMM 30,100.00 30,100.00HONDA AUTOBARCLAYS CAPITAL01/18/2019HAROT 3.01% MAT43814UAG438738 COMM 293,995.82 293,995.82HONDA AUTOBARCLAYS CAPITAL01/18/2019HAROT 3.01% MAT43814UAG4

Totals for 01/18/2019 364,808,011.67 406,530,697.61 52,591.57 41,775,277.51

Portfolio SCL2AP


36



TotalCashInterest

PrincipalPaydowns


39166 COMM 149,990,500.50 -149,990,500.50FHLB DISCOUNTUBS FINANCE01/22/2019FHDN DISC NOTE313384AY539167 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/22/2019USTN 2.37% MATSYS3916739163 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/22/2019USTN 2.36% MATSYS3916339164 COMM 150,000,000.00 150,000,000.00FHLB DISCOUNTUBS FINANCE01/22/2019FHDN DISC NOTE313384AX736347 COMM 81,250.00 81,250.00FNMA NOTESCITIGROUP GLOBAL01/22/2019FEDERAL NATL MTG3135G0A7836361 COMM 162,500.00 162,500.00FNMA NOTESKEYBANC CAPITAL01/22/2019FEDERAL NATL MTG3135G0A7836383 COMM 81,250.00 81,250.00FNMA NOTESBARCLAYS CAPITAL01/22/2019FEDERAL NATL MTG3135G0A7836384 COMM 81,250.00 81,250.00FNMA NOTESKEYBANC CAPITAL01/22/2019FEDERAL NATL MTG3135G0A7838403 COMM 109,375.00 109,375.00FHLMC NOTESKEYBANC CAPITAL01/22/2019FEDERAL HOME LN3137EAEB138896 COMM 110,625.00 110,625.00FHLB NOTESINCAPITAL LLC01/22/2019FEDERAL HOME3130AFB6338901 COMM 36,875.00 36,875.00FHLB NOTESINCAPITAL LLC01/22/2019FEDERAL HOME3130AFB6338901 COMM 409.72 -409.72 0.00FHLB NOTESINCAPITAL LLC01/22/2019FEDERAL HOME3130AFB6338920 COMM 184,375.00 184,375.00FHLB NOTESKEYBANC CAPITAL01/22/2019FEDERAL HOME3130AFB6338920 COMM 8,194.44 -8,194.44 0.00FHLB NOTESKEYBANC CAPITAL01/22/2019FEDERAL HOME3130AFB6338922 COMM 36,875.00 36,875.00FHLB NOTESKEYBANC CAPITAL01/22/2019FEDERAL HOME3130AFB6338922 COMM 1,638.89 -1,638.89 0.00FHLB NOTESKEYBANC CAPITAL01/22/2019FEDERAL HOME3130AFB6339163 COMM 52,444.43 52,444.43U.S. TREASURYBARCLAYS CAPITAL01/22/2019USTN 2.36% MATSYS3916337036 COMM 2,403.30 2,403.30BMW VEHICLEMIZUHO01/22/2019BMWLT 1.43% MAT05582XAD437036 COMM 909,081.87 909,081.87BMW VEHICLEMIZUHO01/22/2019BMWLT 1.43% MAT05582XAD437615 COMM 19,430.10 19,430.10HONDA AUTOBANK OF AMERICA01/22/2019HAROT 1.72% MAT43814TAC637615 COMM 895,209.17 895,209.17HONDA AUTOBANK OF AMERICA01/22/2019HAROT 1.72% MAT43814TAC6

Totals for 01/22/2019 349,990,500.50 351,814,534.09 948,409.78 2,772,443.37

39168 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/23/2019USTN 2.37% MATSYS3916839159 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH01/23/2019NATXNY DISC NOTE63873KNP839161 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO01/23/2019FHDN DISC NOTE313384AY539166 COMM 150,000,000.00 150,000,000.00FHLB DISCOUNTUBS FINANCE01/23/2019FHDN DISC NOTE313384AY539167 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/23/2019USTN 2.37% MATSYS3916737841 COMM 94,200.00 94,200.00FFCB NOTESINCAPITAL LLC01/23/2019FEDERAL FARM CR3133EHKH538409 COMM 528,750.00 528,750.00U S BANKBARCLAYS CAPITAL01/23/2019USB 2.35% MAT90331HNJ839167 COMM 13,166.66 13,166.66U.S. TREASURYBARCLAYS CAPITAL01/23/2019USTN 2.37% MATSYS39167

Totals for 01/23/2019 200,000,000.00 450,000,000.00 636,116.66 250,636,116.66

39169 COMM 149,990,416.68 -149,990,416.68FHLB DISCOUNTUBS FINANCE01/24/2019FHDN DISC NOTE313384BA639171 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/24/2019USTN 2.39% MATSYS3917138915 COMM 35,000,000.00 35,000,000.00U S TREASURY BILLMIZUHO01/24/2019UNITED STATES912796QU639168 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/24/2019USTN 2.37% MATSYS3916837590 COMM 150,000,000.00 150,000,000.00JP MORGAN USJPMorganChase01/24/2019JPM TE 0.44%SYS3759038233 COMM 360,000.00 360,000.00FNMA NOTESDEUTSCHE BANK01/24/2019FEDERAL NATL MTG3136G4NP438235 COMM 54,000.00 54,000.00FNMA NOTESDEUTSCHE BANK01/24/2019FEDERAL NATL MTG3136G4NP438629 COMM 181,500.00 181,500.00FFCB NOTESDaiwa Capital Market01/24/2019FEDERAL FARM CR3133EJLU1

Portfolio SCL2AP


37



TotalCashInterest

PrincipalPaydowns


38630 COMM 363,000.00 363,000.00FFCB NOTESINCAPITAL LLC01/24/2019FEDERAL FARM CR3133EJLU139168 COMM 13,166.66 13,166.66U.S. TREASURYBARCLAYS CAPITAL01/24/2019USTN 2.37% MATSYS39168

Totals for 01/24/2019 349,990,416.68 385,000,000.00 971,666.66 35,981,249.98

39173 COMM 9,990,155.56 -9,990,155.56FFCB NOTESINCAPITAL LLC01/25/2019FEDERAL FARM CR3133EJ5P039172 COMM 199,961,666.00 -199,961,666.00FHLB DISCOUNTUBS FINANCE01/25/2019FHDN DISC NOTE313384BD039174 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/25/2019USTN 2.38% MATSYS3917438961 COMM 19,967,000.00 19,967,000.00FHLMC NOTESBARCLAYS CAPITAL01/25/2019FEDERAL HOME LN3134GSZX638961 COMM 33,000.00 33,000.00FHLMC NOTESBARCLAYS CAPITAL01/25/2019FEDERAL HOME LN3134GSZX639169 COMM 150,000,000.00 150,000,000.00FHLB DISCOUNTUBS FINANCE01/25/2019FHDN DISC NOTE313384BA639171 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/25/2019USTN 2.39% MATSYS3917138961 COMM 151,000.00 151,000.00FHLMC NOTESBARCLAYS CAPITAL01/25/2019FEDERAL HOME LN3134GSZX638961 COMM 21,811.11 -21,811.11 0.00FHLMC NOTESBARCLAYS CAPITAL01/25/2019FEDERAL HOME LN3134GSZX639171 COMM 13,277.76 13,277.76U.S. TREASURYBARCLAYS CAPITAL01/25/2019USTN 2.39% MATSYS3917136893 COMM 4,381.75 4,381.75BMW VEHICLEJPMorganChase01/25/2019BMWOT 1.16% MAT05582QAD936893 COMM 558,366.67 558,366.67BMW VEHICLEJPMorganChase01/25/2019BMWOT 1.16% MAT05582QAD938387 COMM 44,700.00 44,700.00FHLMC Multi-FamilyBREAN CAPITAL LLC01/25/2019FHLMCM 2.682%3137AYCE938387 COMM 508,793.21 508,793.21FHLMC Multi-FamilyBREAN CAPITAL LLC01/25/2019FHLMCM 2.682%3137AYCE938391 COMM 16,762.50 16,762.50FHLMC Multi-FamilyBREAN CAPITAL LLC01/25/2019FHLMCM 2.682%3137AYCE938391 COMM 190,701.62 190,701.62FHLMC Multi-FamilyBREAN CAPITAL LLC01/25/2019FHLMCM 2.682%3137AYCE938412 COMM 62,666.66 62,666.66BMW VEHICLEJPMorganChase01/25/2019BMWOT 2.35% MAT09659QAD938412 COMM 833,008.12 833,008.12BMW VEHICLEJPMorganChase01/25/2019BMWOT 2.35% MAT09659QAD938465 COMM 10,727.55 10,727.55FHLMC Multi-FamilyBREAN CAPITAL LLC01/25/2019FHLMCM 2.307%3137AWQH138465 COMM 143,774.49 143,774.49FHLMC Multi-FamilyBREAN CAPITAL LLC01/25/2019FHLMCM 2.307%3137AWQH138477 COMM 7,779.69 7,779.69FNMA Multi-FamilyBOK FINANCIAL01/25/2019FHLMCM 2.55% MAT3138LAYM538477 COMM 5,464.50 5,464.50FNMA Multi-FamilyBOK FINANCIAL01/25/2019FHLMCM 2.55% MAT3138LAYM538643 COMM 55,333.34 55,333.34FHLMC Multi-FamilyBARCLAYS CAPITAL01/25/2019FHLMCM 3.32% MAT3137B36J238643 COMM 474,718.69 474,718.69FHLMC Multi-FamilyBARCLAYS CAPITAL01/25/2019FHLMCM 3.32% MAT3137B36J238664 COMM 11,993.45 11,993.45FNMA Multi-FamilyVINING SPARKS IBG01/25/2019FNMAM 3.56% MAT3136B1XP438664 COMM 217,228.90 217,228.90FNMA Multi-FamilyVINING SPARKS IBG01/25/2019FNMAM 3.56% MAT3136B1XP438665 COMM 11,993.45 11,993.45FNMA Multi-FamilyJPMorganChase01/25/2019FNMAM 3.56% MAT3136B1XP438665 COMM 217,228.90 217,228.90FNMA Multi-FamilyJPMorganChase01/25/2019FNMAM 3.56% MAT3136B1XP438666 COMM 26,250.08 26,250.08FHLMC Multi-FamilyBREAN CAPITAL LLC01/25/2019FHLMCM 2.682%3137AYCE938666 COMM 293,219.04 293,219.04FHLMC Multi-FamilyBREAN CAPITAL LLC01/25/2019FHLMCM 2.682%3137AYCE938744 COMM 44,700.00 44,700.00FHLMC Multi-FamilyBREAN CAPITAL LLC01/25/2019FHLMCM 2.682%3137AYCE938744 COMM 499,486.19 499,486.19FHLMC Multi-FamilyBREAN CAPITAL LLC01/25/2019FHLMCM 2.682%3137AYCE938854 COMM 12,176.25 12,176.25FHLMC Multi-FamilyBREAN CAPITAL LLC01/25/2019FHLMCM 3.06% MAT3137B4WB838854 COMM 103,436.77 103,436.77FHLMC Multi-FamilyBREAN CAPITAL LLC01/25/2019FHLMCM 3.06% MAT3137B4WB838864 COMM 29,425.00 29,425.00FHLMC Multi-FamilyINCAPITAL LLC01/25/2019FHLMCM 3.531%3137B5JM638864 COMM 218,032.91 218,032.91FHLMC Multi-FamilyINCAPITAL LLC01/25/2019FHLMCM 3.531%3137B5JM638884 COMM 9,767.06 9,767.06FNMA Multi-FamilyBOK FINANCIAL01/25/2019FNMAM 3.27% MAT31381N7G2

Portfolio SCL2AP


38



TotalCashInterest

PrincipalPaydowns


38884 COMM 6,154.49 6,154.49FNMA Multi-FamilyBOK FINANCIAL01/25/2019FNMAM 3.27% MAT31381N7G238945 COMM 28,723.99 28,723.99FHLMC Multi-FamilyINCAPITAL LLC01/25/2019FHLMC REMIC3137B3NA238945 COMM 239,948.18 239,948.18FHLMC Multi-FamilyINCAPITAL LLC01/25/2019FHLMC REMIC3137B3NA239026 COMM 28,816.67 28,816.67FHLMC Multi-FamilyINCAPITAL LLC01/25/2019FHLMC SERIES3137B5KW239026 COMM 214,232.15 214,232.15FHLMC Multi-FamilyINCAPITAL LLC01/25/2019FHLMC SERIES3137B5KW239093 COMM 44,208.42 44,208.42FHLMC Multi-FamilyBOK FINANCIAL01/25/2019FHLMCM 2.52688%3137FBUV639093 COMM 1,076,983.94 1,076,983.94FHLMC Multi-FamilyBOK FINANCIAL01/25/2019FHLMCM 2.52688%3137FBUV6

Totals for 01/25/2019 409,951,821.56 375,822,589.88 592,872.51 -33,536,359.17

39176 COMM 199,987,277.76 -199,987,277.76FHLB DISCOUNTUBS FINANCE01/28/2019FHDN DISC NOTE313384BE839175 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/28/2019USTN 2.37% MATSYS3917536505 COMM 25,000,000.00 25,000,000.00FNMA NOTESDEUTSCHE BANK01/28/2019FEDERAL NATL MTG3135G0H6338685 COMM 40,000,000.00 40,000,000.00JP Morgan SecuritiesJPMorganChase01/28/2019JPMSCC ZERO CPN46640QNU138688 COMM 40,000,000.00 40,000,000.00DEXIADEXIA01/28/2019DEXIA CR LOC N Y25215FDD339000 COMM 23,250,000.00 23,250,000.00METLIFE SHORTCITIGROUP GLOBAL01/28/2019METSHR DISC NOTE59157UNU039172 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE01/28/2019FHDN DISC NOTE313384BD039174 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/28/2019USTN 2.38% MATSYS3917436505 COMM 171,875.00 171,875.00FNMA NOTESDEUTSCHE BANK01/28/2019FEDERAL NATL MTG3135G0H6336902 COMM 78,750.00 78,750.00FNMA NOTESINCAPITAL LLC01/28/2019FEDERAL NATL MTG3136G3A6237378 COMM 50,750.00 50,750.00FFCB NOTESINCAPITAL LLC01/28/2019FEDERAL FARM CR3133EG5D337380 COMM 95,000.00 95,000.00IBMROYAL BANK OF01/28/2019INTERNATIONAL459200JN237669 COMM 150,000.00 150,000.00FHLMC NOTESINCAPITAL LLC01/28/2019FEDERAL HOME LN3134GBGZ937741 COMM 87,500.00 87,500.00FHLMC NOTESINCAPITAL LLC01/28/2019FEDERAL HOME LN3134GBJJ237742 COMM 218,750.00 218,750.00FHLMC NOTESINCAPITAL LLC01/28/2019FEDERAL HOME LN3134GBJJ237988 COMM 51,750.00 51,750.00FHLMC NOTESINCAPITAL LLC01/28/2019FEDERAL HOME LN3134GBYF338341 COMM 29,370.00 29,370.00FFCB NOTESBREAN CAPITAL LLC01/28/2019FEDERAL FARM CR3133EGNK738408 COMM 125,000.00 125,000.00FHLMC NOTESDEUTSCHE BANK01/28/2019FHLMC 1.25% MAT3134G9Q7538688 COMM 744,233.33 744,233.33DEXIADEXIA01/28/2019DEXIA CR LOC N Y25215FDD339014 COMM 45,000.00 45,000.00FHLB NOTESBREAN CAPITAL LLC01/28/2019FEDERAL HOME3130A8R5439014 COMM 30,000.00 -30,000.00 0.00FHLB NOTESBREAN CAPITAL LLC01/28/2019FEDERAL HOME3130A8R5439174 COMM 39,666.68 39,666.68U.S. TREASURYBARCLAYS CAPITAL01/28/2019USTN 2.38% MATSYS39174

Totals for 01/28/2019 399,987,277.76 528,280,000.00 1,857,645.01 130,150,367.25

39177 COMM 199,987,388.88 -199,987,388.88FHLB DISCOUNTUBS FINANCE01/29/2019FHDN DISC NOTE313384BF539178 COMM 49,996,847.22 -49,996,847.22FHLB DISCOUNTMIZUHO01/29/2019FHDN DISC NOTE313384BF539180 COMM 49,996,722.22 -49,996,722.22Natixis NY BranchMERRILL LYNCH01/29/2019NATXNY DISC NOTE63873KNW339179 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/29/2019USTN 2.37% MATSYS3917939181 COMM 119,992,200.00 -119,992,200.00Exxon Mobil GroupCITIGROUP GLOBAL01/29/2019XON DISC NOTE30229BNW336643 COMM 45,000,000.00 45,000,000.00INTL BANK RECON &BMO CAPITAL01/29/2019IBRD 1.17% MAT45905UVR238883 COMM 25,000,000.00 25,000,000.00FFCB DISC NOTEMIZUHO01/29/2019FFCBDN DISC NOTE313312BE939040 COMM 45,000,000.00 45,000,000.00U S TREASURY BILLMIZUHO01/29/2019UNITED STATES912796UL1

Portfolio SCL2AP


39



TotalCashInterest

PrincipalPaydowns


39175 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/29/2019USTN 2.37% MATSYS3917539176 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE01/29/2019FHDN DISC NOTE313384BE836288 COMM 45,750.00 45,750.00FHLB NOTESKEYBANC CAPITAL01/29/2019FEDERAL HOME3130A5Z7736289 COMM 45,750.00 45,750.00FHLB NOTESKEYBANC CAPITAL01/29/2019FEDERAL HOME3130A5Z7736298 COMM 45,750.00 45,750.00FHLB NOTESKEYBANC CAPITAL01/29/2019FEDERAL HOME3130A5Z7736308 COMM 91,500.00 91,500.00FHLB NOTESKEYBANC CAPITAL01/29/2019FEDERAL HOME3130A5Z7736310 COMM 45,750.00 45,750.00FHLB NOTESKEYBANC CAPITAL01/29/2019FEDERAL HOME3130A5Z7736643 COMM 263,250.00 263,250.00INTL BANK RECON &BMO CAPITAL01/29/2019IBRD 1.17% MAT45905UVR238418 COMM 79,957.50 79,957.50FHLB NOTESINCAPITAL LLC01/29/2019FHLB 2.1% MAT3130ADJH639175 COMM 13,166.66 13,166.66U.S. TREASURYBARCLAYS CAPITAL01/29/2019USTN 2.37% MATSYS39175

Totals for 01/29/2019 619,973,158.32 515,000,000.00 630,874.16 -104,342,284.16

39187 COMM 18,998,743.89 -18,998,743.89ARMY & AIR FORCECITIGROUP GLOBAL01/30/2019ARMEXH DISC NOTE04249LNX039185 COMM 49,996,902.78 -49,996,902.78FHLB DISCOUNTMIZUHO01/30/2019FHDN DISC NOTE313384BG339186 COMM 199,987,611.11 -199,987,611.11FHLB DISCOUNTUBS FINANCE01/30/2019FHDN DISC NOTE313384BG339188 COMM 15,000,000.00 -15,000,000.00FHLMC NOTESINCAPITAL LLC01/30/2019FEDERAL HOME LN3134GSS6339189 COMM 10,000,000.00 -10,000,000.00FHLMC NOTESINCAPITAL LLC01/30/2019FEDERAL HOME LN3134GSS6339190 COMM 9,999,707.00 -9,999,707.00MERCEDES-BENZMERRILL LYNCH01/30/2019MBALT 3.1% MAT58772TAC439184 COMM 49,996,722.22 -49,996,722.22Natixis NY BranchMERRILL LYNCH01/30/2019NATXNY DISC NOTE63873KNX139183 COMM 49,996,736.11 -49,996,736.11RABOBANKMERRILL LYNCH01/30/2019RABO DISC NOTE21687BNX539182 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/30/2019USTN 2.35% MATSYS3918236088 COMM 7,370,000.00 7,370,000.00FNMA NOTESKEYBANC CAPITAL01/30/2019FEDERAL NATL MTG3136FTZZ537620 COMM 10,865,000.00 10,865,000.00FNMA NOTESKEYBANC CAPITAL01/30/2019FEDERAL NATL MTG3136FTZZ538936 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO01/30/2019FHDN DISC NOTE313384BF539007 COMM 16,750,000.00 16,750,000.00METLIFE SHORTCITIGROUP GLOBAL01/30/2019METSHR DISC NOTE59157UNW639035 COMM 40,000,000.00 40,000,000.00FHLB DISCOUNTMIZUHO01/30/2019FHDN DISC NOTE313384BF539060 COMM 60,000,000.00 60,000,000.00John Deere Capital CCITIGROUP GLOBAL01/30/2019JDCCP DISC NOTE24422MNW739177 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE01/30/2019FHDN DISC NOTE313384BF539178 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO01/30/2019FHDN DISC NOTE313384BF539179 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/30/2019USTN 2.37% MATSYS3917939180 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH01/30/2019NATXNY DISC NOTE63873KNW339181 COMM 120,000,000.00 120,000,000.00Exxon Mobil GroupCITIGROUP GLOBAL01/30/2019XON DISC NOTE30229BNW336088 COMM 64,487.50 64,487.50FNMA NOTESKEYBANC CAPITAL01/30/2019FEDERAL NATL MTG3136FTZZ537382 COMM 218,750.00 218,750.00FHLB NOTESINCAPITAL LLC01/30/2019FEDERAL HOME3130AANA237383 COMM 43,750.00 43,750.00FHLB NOTESINCAPITAL LLC01/30/2019FEDERAL HOME3130AANA237620 COMM 95,068.75 95,068.75FNMA NOTESKEYBANC CAPITAL01/30/2019FEDERAL NATL MTG3136FTZZ538209 COMM 75,000.00 75,000.00FNMA NOTESBREAN CAPITAL LLC01/30/2019FEDERAL NATL MTG3135G0T6039179 COMM 13,166.68 13,166.68U.S. TREASURYBARCLAYS CAPITAL01/30/2019USTN 2.37% MATSYS39179

Totals for 01/30/2019 603,976,423.11 804,985,000.00 510,222.93 201,518,799.82

39193 COMM 195,074,752.87 -195,074,752.87FHLB DISCOUNTUBS FINANCE01/31/2019FHDN DISC NOTE313384BH1

Portfolio SCL2AP


40



TotalCashInterest

PrincipalPaydowns


39194 COMM 4,912,699.76 -4,912,699.76FHLB DISCOUNTUBS FINANCE01/31/2019FHDN DISC NOTE313384BH139192 COMM 49,996,861.11 -49,996,861.11FHLB DISCOUNTMIZUHO01/31/2019FHDN DISC NOTE313384BH139195 COMM 49,996,722.22 -49,996,722.22Natixis NY BranchMERRILL LYNCH01/31/2019NATXNY DISC NOTE63873KP1939191 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/31/2019USTN 2.55% MATSYS3919138309 COMM 25,000,000.00 25,000,000.00U.S. TREASURYDaiwa Capital Market01/31/2019UNITED STATES912828B3338562 COMM 45,000,000.00 45,000,000.00Credit Agricole CIBJPMorganChase01/31/2019CREDIT AGRICOLE22534H3T638563 COMM 50,000,000.00 50,000,000.00TORONTOJPMorganChase01/31/2019TORONTO89113XE2639019 COMM 30,000,000.00 30,000,000.00FFCB DISCOUNTMIZUHO01/31/2019FCDN DISC NOTE313312BG439099 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH01/31/2019NATXNY DISC NOTE63873KNX139182 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL01/31/2019USTN 2.35% MATSYS3918239183 COMM 50,000,000.00 50,000,000.00RABOBANKMERRILL LYNCH01/31/2019RABO DISC NOTE21687BNX539184 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH01/31/2019NATXNY DISC NOTE63873KNX139185 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO01/31/2019FHDN DISC NOTE313384BG339186 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE01/31/2019FHDN DISC NOTE313384BG339187 COMM 19,000,000.00 19,000,000.00ARMY & AIR FORCECITIGROUP GLOBAL01/31/2019ARMEXH DISC NOTE04249LNX038309 COMM 187,500.00 187,500.00U.S. TREASURYDaiwa Capital Market01/31/2019UNITED STATES912828B3338457 COMM 171,875.00 171,875.00U.S. TREASURYJEFFERIES & CO,01/31/2019UNITED STATES9128282K538562 COMM 944,387.50 944,387.50Credit Agricole CIBJPMorganChase01/31/2019CREDIT AGRICOLE22534H3T638563 COMM 1,066,041.67 1,066,041.67TORONTOJPMorganChase01/31/2019TORONTO89113XE2639102 COMM 196,875.00 196,875.00U.S. TREASURYMERRILL LYNCH01/31/2019UNITED STATES912828Y4639102 COMM 153,006.11 -153,006.11 0.00U.S. TREASURYMERRILL LYNCH01/31/2019UNITED STATES912828Y4639182 COMM 13,055.56 13,055.56U.S. TREASURYBARCLAYS CAPITAL01/31/2019USTN 2.35% MATSYS39182

Totals for 01/31/2019 499,981,035.96 769,153,006.11 2,426,728.62 271,598,698.77

39197 COMM 199,961,666.68 -199,961,666.68FHLB DISCOUNTUBS FINANCE02/01/2019FHDN DISC NOTE313384BL239198 COMM 49,990,416.67 -49,990,416.67FHLB DISCOUNTMIZUHO02/01/2019FHDN DISC NOTE313384BL239199 COMM 10,185,792.17 -10,185,792.17FHLMC NOTESINCAPITAL LLC02/01/2019FEDERAL HOME LN3134GSS6339201 COMM 49,990,166.67 -49,990,166.67Natixis NY BranchMERRILL LYNCH02/01/2019NATXNY DISC NOTE63873KP4339196 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/01/2019USTN 2.44% MATSYS3919639200 COMM 74,880,500.00 -74,880,500.00WALMART STORESCITIGROUP GLOBAL02/01/2019WMTPP DISC NOTE93114FPR937399 COMM 20,000,000.00 20,000,000.00FFCB NOTESINCAPITAL LLC02/01/2019FFCB 1.3% MAT3133EG5Q438456 COMM 60,000,000.00 60,000,000.00BNP PARIBAS NYUBS FINANCE02/01/2019BNP 2.29% MAT34959TMZ639191 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/01/2019USTN 2.55% MATSYS3919139192 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO02/01/2019FHDN DISC NOTE313384BH139193 COMM 195,087,000.00 195,087,000.00FHLB DISCOUNTUBS FINANCE02/01/2019FHDN DISC NOTE313384BH139194 COMM 4,913,000.00 4,913,000.00FHLB DISCOUNTUBS FINANCE02/01/2019FHDN DISC NOTE313384BH139195 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH02/01/2019NATXNY DISC NOTE63873KP1937399 COMM 130,000.00 130,000.00FFCB NOTESINCAPITAL LLC02/01/2019FFCB 1.3% MAT3133EG5Q438456 COMM 1,339,650.00 1,339,650.00BNP PARIBAS NYUBS FINANCE02/01/2019BNP 2.29% MAT34959TMZ639191 COMM 14,166.67 14,166.67U.S. TREASURYBARCLAYS CAPITAL02/01/2019USTN 2.55% MATSYS39191

Portfolio SCL2AP


41



TotalCashInterest

PrincipalPaydowns


Totals for 02/01/2019 585,008,542.19 580,000,000.00 1,483,816.67 -3,524,725.52

39206 COMM 17,403,385.63 -17,403,385.63FFCB NOTESDEUTSCHE BANK02/04/2019FEDERAL FARM CR3133EGXA839204 COMM 199,987,333.32 -199,987,333.32FHLB DISCOUNTUBS FINANCE02/04/2019FHDN DISC NOTE313384BM039205 COMM 49,996,833.33 -49,996,833.33FHLB DISCOUNTMIZUHO02/04/2019FHDN DISC NOTE313384BM039202 COMM 49,996,722.22 -49,996,722.22Natixis NY BranchMERRILL LYNCH02/04/2019NATXNY DISC NOTE63873KP5039207 COMM 2,997,570.00 -2,997,570.00UBS FINANCEAcademy Securities02/04/2019UBS F 3.% MAT90331HPA539203 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/04/2019USTN 2.37% MATSYS3920339196 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/04/2019USTN 2.44% MATSYS3919639197 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/04/2019FHDN DISC NOTE313384BL239198 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO02/04/2019FHDN DISC NOTE313384BL239201 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH02/04/2019NATXNY DISC NOTE63873KP4336918 COMM 165,000.00 165,000.00APPLE INCMERRILL LYNCH02/04/2019APPLE INC, SR GLBL037833CB437253 COMM 87,500.00 87,500.00FNMA NOTESKEYBANC CAPITAL02/04/2019FNMA 0.875% MAT3135G0N3337404 COMM 116,250.00 116,250.00FFCB NOTESINCAPITAL LLC02/04/2019FEDERAL FARM CR3133EG6C438367 COMM 175,000.00 175,000.00FNMA NOTESDEUTSCHE BANK02/04/2019FNMA 0.875% MAT3135G0N3339196 COMM 40,666.66 40,666.66U.S. TREASURYBARCLAYS CAPITAL02/04/2019USTN 2.44% MATSYS3919634292 COMM 379.23 379.23MORGAN STANLEY02/04/2019MSTI 0.%SYS3429234292 COMM 379.23 -379.23MORGAN STANLEY02/04/2019MSTI 0.%SYS3429237590 COMM 644,465.71 644,465.71JP MORGAN USJPMorganChase02/04/2019JPM TE 0.44%SYS3759037590 COMM 644,465.71 -644,465.71JP MORGAN USJPMorganChase02/04/2019JPM TE 0.44%SYS37590

Totals for 02/04/2019 521,026,689.44 500,000,000.00 1,229,261.60 -19,797,427.84

39210 COMM 199,987,388.88 -199,987,388.88FHLB DISCOUNTUBS FINANCE02/05/2019FHDN DISC NOTE313384BN839211 COMM 49,996,847.22 -49,996,847.22FHLB DISCOUNTMIZUHO02/05/2019FHDN DISC NOTE313384BN839208 COMM 49,996,722.22 -49,996,722.22Natixis NY BranchMERRILL LYNCH02/05/2019NATXNY DISC NOTE63873KP6839209 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/05/2019USTN 2.35% MATSYS3920938980 COMM 25,000,000.00 25,000,000.00FFCB DISCOUNTMIZUHO02/05/2019FCDN DISC NOTE313312BM139202 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH02/05/2019NATXNY DISC NOTE63873KP5039203 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/05/2019USTN 2.37% MATSYS3920339204 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/05/2019FHDN DISC NOTE313384BM039205 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO02/05/2019FHDN DISC NOTE313384BM037372 COMM 153,125.00 153,125.00FHLB NOTESCITIGROUP GLOBAL02/05/2019FEDERAL HOME3130A8Y7238615 COMM 109,375.00 109,375.00FHLB NOTESKEYBANC CAPITAL02/05/2019FEDERAL HOME3130A8Y7239203 COMM 13,166.67 13,166.67U.S. TREASURYBARCLAYS CAPITAL02/05/2019USTN 2.37% MATSYS39203

Totals for 02/05/2019 499,980,958.32 525,000,000.00 275,666.67 25,294,708.35

39212 COMM 49,996,888.89 -49,996,888.89FHLB DISCOUNTMIZUHO02/06/2019FHDN DISC NOTE313384BP339213 COMM 199,987,555.56 -199,987,555.56FHLB DISCOUNTUBS FINANCE02/06/2019FHDN DISC NOTE313384BP339214 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/06/2019USTN 2.35% MATSYS3921439208 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH02/06/2019NATXNY DISC NOTE63873KP6839209 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/06/2019USTN 2.35% MATSYS39209

Portfolio SCL2AP


42



TotalCashInterest

PrincipalPaydowns


39210 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/06/2019FHDN DISC NOTE313384BN839211 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO02/06/2019FHDN DISC NOTE313384BN837419 COMM 138,750.00 138,750.00MICROSOFT CORPBARCLAYS CAPITAL02/06/2019MICROSOFT CORP,594918BV539209 COMM 13,055.56 13,055.56U.S. TREASURYBARCLAYS CAPITAL02/06/2019USTN 2.35% MATSYS39209

Totals for 02/06/2019 449,984,444.45 500,000,000.00 151,805.56 50,167,361.11

39216 COMM 199,987,388.88 -199,987,388.88FHLB DISCOUNTUBS FINANCE02/07/2019FHDN DISC NOTE313384BQ139217 COMM 49,996,847.22 -49,996,847.22FHLB DISCOUNTMIZUHO02/07/2019FHDN DISC NOTE313384BQ139219 COMM 2,032,580.02 -2,032,580.02FNMA Multi-FamilyBOK FINANCIAL02/07/2019FNMAM 3.84% MAT31381RLL639218 COMM 12,176,746.71 -12,176,746.71FNMA Multi-FamilyBOK FINANCIAL02/07/2019FNMAM 3.84% MAT31381RLL639215 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/07/2019USTN 2.35% MATSYS3921539212 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO02/07/2019FHDN DISC NOTE313384BP339213 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/07/2019FHDN DISC NOTE313384BP339214 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/07/2019USTN 2.35% MATSYS3921439214 COMM 13,055.56 13,055.56U.S. TREASURYBARCLAYS CAPITAL02/07/2019USTN 2.35% MATSYS39214

Totals for 02/07/2019 464,193,562.83 450,000,000.00 13,055.56 -14,180,507.27

39220 COMM 25,022,773.44 -25,022,773.44BANK OF AMERICAMERRILL LYNCH02/08/2019BACCT 2.7% MAT05522RCY239223 COMM 199,963,333.32 -199,963,333.32FHLB DISCOUNTUBS FINANCE02/08/2019FHDN DISC NOTE313384BT539222 COMM 49,990,541.67 -49,990,541.67FHLB DISCOUNTMIZUHO02/08/2019FHDN DISC NOTE313384BT539224 COMM 49,990,166.67 -49,990,166.67Natixis NY BranchMERRILL LYNCH02/08/2019NATXNY DISC NOTE63873KPB739221 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/08/2019USTN 2.35% MATSYS3922138974 COMM 45,000,000.00 45,000,000.00NATL SECROYAL BANK OF02/08/2019NSCCPP DISC NOTE63763QP8439215 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/08/2019USTN 2.35% MATSYS3921539216 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/08/2019FHDN DISC NOTE313384BQ139217 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO02/08/2019FHDN DISC NOTE313384BQ136923 COMM 55,000.00 55,000.00MICROSOFT CORPMERRILL LYNCH02/08/2019MICROSOFT CORP,594918BN339215 COMM 13,055.56 13,055.56U.S. TREASURYBARCLAYS CAPITAL02/08/2019USTN 2.35% MATSYS39215

Totals for 02/08/2019 524,966,815.10 495,000,000.00 68,055.56 -29,898,759.54

39225 COMM 49,996,833.33 -49,996,833.33FHLB DISCOUNTMIZUHO02/11/2019FHDN DISC NOTE313384BU239226 COMM 199,987,333.32 -199,987,333.32FHLB DISCOUNTUBS FINANCE02/11/2019FHDN DISC NOTE313384BU239228 COMM 49,996,722.22 -49,996,722.22Natixis NY BranchMERRILL LYNCH02/11/2019NATXNY DISC NOTE63873KPC539227 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/11/2019USTN 2.38% MATSYS3922738610 COMM 36,000,000.00 36,000,000.00FFCB DISCOUNTMIZUHO02/11/2019FCDN ZERO CPN313312BT638788 COMM 30,000,000.00 30,000,000.00PRIVATE EXPORTWILLIAMS CAPITAL02/11/2019PEFCO ZERO CPN7426M3PB939221 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/11/2019USTN 2.35% MATSYS3922139222 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO02/11/2019FHDN DISC NOTE313384BT539223 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/11/2019FHDN DISC NOTE313384BT539224 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH02/11/2019NATXNY DISC NOTE63873KPB736117 COMM 54,375.00 54,375.00FHLB NOTESINCAPITAL LLC02/11/2019FEDERAL HOME3130A3XL339221 COMM 39,166.65 39,166.65U.S. TREASURYBARCLAYS CAPITAL02/11/2019USTN 2.35% MATSYS39221

Portfolio SCL2AP


43



TotalCashInterest

PrincipalPaydowns


Totals for 02/11/2019 499,980,888.87 566,000,000.00 93,541.65 66,112,652.78

39229 COMM 49,996,833.33 -49,996,833.33FHLB DISCOUNTMIZUHO02/12/2019FHDN DISC NOTE313384BV039230 COMM 199,987,333.32 -199,987,333.32FHLB DISCOUNTUBS FINANCE02/12/2019FHDN DISC NOTE313384BV039232 COMM 49,996,722.22 -49,996,722.22Natixis NY BranchMERRILL LYNCH02/12/2019NATXNY DISC NOTE63873KPD339231 COMM 29,674,875.00 -29,674,875.00PRIVATE EXPORTWILLIAMS CAPITAL02/12/2019PEFCO DISC NOTE7426M3UF439233 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/12/2019USTN 2.34% MATSYS3923336584 COMM 15,000,000.00 15,000,000.00FFCB NOTESINCAPITAL LLC02/12/2019FEDERAL FARM CR3133EFZN039225 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO02/12/2019FHDN DISC NOTE313384BU239226 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/12/2019FHDN DISC NOTE313384BU239227 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/12/2019USTN 2.38% MATSYS3922739228 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH02/12/2019NATXNY DISC NOTE63873KPC536584 COMM 77,250.00 77,250.00FFCB NOTESINCAPITAL LLC02/12/2019FEDERAL FARM CR3133EFZN036989 COMM 112,500.00 112,500.00FHLMC NOTESKEYBANC CAPITAL02/12/2019FEDERAL HOME LN3137EAEC936992 COMM 56,250.00 56,250.00FHLMC NOTESKEYBANC CAPITAL02/12/2019FEDERAL HOME LN3137EAEC938123 COMM 130,388.00 130,388.00MICROSOFT CORPINCAPITAL LLC02/12/2019MICROSOFT CORP,594918AY039227 COMM 13,222.22 13,222.22U.S. TREASURYBARCLAYS CAPITAL02/12/2019USTN 2.38% MATSYS39227

Totals for 02/12/2019 529,655,763.87 515,000,000.00 389,610.22 -14,266,153.65

39234 COMM 199,987,333.32 -199,987,333.32FHLB DISCOUNTUBS FINANCE02/13/2019FHDN DISC NOTE313384BW839235 COMM 99,993,666.66 -99,993,666.66FHLB DISCOUNTMIZUHO02/13/2019FHDN DISC NOTE313384BW839236 COMM 49,996,722.22 -49,996,722.22Natixis NY BranchMERRILL LYNCH02/13/2019NATXNY DISC NOTE63873KPE139237 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/13/2019USTN 2.36% MATSYS3923739229 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO02/13/2019FHDN DISC NOTE313384BV039230 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/13/2019FHDN DISC NOTE313384BV039232 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH02/13/2019NATXNY DISC NOTE63873KPD339233 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/13/2019USTN 2.34% MATSYS3923339233 COMM 13,000.00 13,000.00U.S. TREASURYBARCLAYS CAPITAL02/13/2019USTN 2.34% MATSYS39233

Totals for 02/13/2019 549,977,722.20 500,000,000.00 13,000.00 -49,964,722.20

39239 COMM 199,987,333.32 -199,987,333.32FHLB DISCOUNTUBS FINANCE02/14/2019FHDN DISC NOTE313384BX639240 COMM 99,993,667.00 -99,993,667.00FHLB DISCOUNTMIZUHO02/14/2019FHDN DISC NOTE313384BX639238 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/14/2019USTN 2.36% MATSYS3923839234 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/14/2019FHDN DISC NOTE313384BW839235 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO02/14/2019FHDN DISC NOTE313384BW839236 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH02/14/2019NATXNY DISC NOTE63873KPE139237 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/14/2019USTN 2.36% MATSYS3923738832 COMM 62,506.50 62,506.50BERKSHIREINCAPITAL LLC02/14/2019BERKSHIRE084670BL139237 COMM 13,111.11 13,111.11U.S. TREASURYBARCLAYS CAPITAL02/14/2019USTN 2.36% MATSYS39237

Totals for 02/14/2019 499,981,000.32 550,000,000.00 75,617.61 50,094,617.29

39242 COMM 199,948,888.88 -199,948,888.88FHLB DISCOUNTUBS FINANCE02/15/2019FHDN DISC NOTE313384CB3

Portfolio SCL2AP


44



TotalCashInterest

PrincipalPaydowns


39243 COMM 99,974,444.00 -99,974,444.00FHLB DISCOUNTMIZUHO02/15/2019FHDN DISC NOTE313384CB339244 COMM 49,986,888.89 -49,986,888.89Natixis NY BranchMERRILL LYNCH02/15/2019NATXNY DISC NOTE63873KPK739245 COMM 49,481,416.67 -49,481,416.67PRIVATE EXPORT02/15/2019PEFCO DISC NOTE7426M3UC139241 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/15/2019USTN 2.41% MATSYS3924136753 COMM 177,201.60 177,201.60TOYOTA AUTO RECCITIGROUP GLOBAL02/15/2019TOYO 1.3% MAT89231UAD936753 COMM 9.06 9.06TOYOTA AUTO RECCITIGROUP GLOBAL02/15/2019TOYO 1.3% MAT89231UAD938766 COMM 50,000,000.00 50,000,000.00PRIVATE EXPORTWILLIAMS CAPITAL02/15/2019PEFCO ZERO CPN7426M3PF039238 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/15/2019USTN 2.36% MATSYS3923839239 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/15/2019FHDN DISC NOTE313384BX639240 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO02/15/2019FHDN DISC NOTE313384BX636753 COMM 930.33 930.33TOYOTA AUTO RECCITIGROUP GLOBAL02/15/2019TOYO 1.3% MAT89231UAD936881 COMM 175,200.00 175,200.00INTL BANK RECON &02/15/2019IBRD 0.875% MAT459058FK436933 COMM 65,000.00 65,000.00BERKSHIREBANK OF AMERICA02/15/2019BERKSHIRE084664CK539238 COMM 13,111.11 13,111.11U.S. TREASURYBARCLAYS CAPITAL02/15/2019USTN 2.36% MATSYS3923836557 COMM 2,049.16 2,049.16NISSAN AUTOMERRILL LYNCH02/15/2019NALT 1.34% MAT65478UAD136557 COMM 273,199.81 273,199.81NISSAN AUTOMERRILL LYNCH02/15/2019NALT 1.34% MAT65478UAD136600 COMM 1,540.09 1,540.09JOHN DEEREMERRILL LYNCH02/15/2019JDOT 1.36% MAT47788MAC436600 COMM 594,787.46 594,787.46JOHN DEEREMERRILL LYNCH02/15/2019JDOT 1.36% MAT47788MAC436601 COMM 2,239.77 2,239.77TOYOTA AUTO RECMERRILL LYNCH02/15/2019TAOT 1.25% MAT89237KAD536601 COMM 611,623.16 611,623.16TOYOTA AUTO RECMERRILL LYNCH02/15/2019TAOT 1.25% MAT89237KAD536800 COMM 2,862.00 2,862.00HONDA AUTOMERRILL LYNCH02/15/2019HAROT 1.39% MAT43814QAC236800 COMM 518,484.19 518,484.19HONDA AUTOMERRILL LYNCH02/15/2019HAROT 1.39% MAT43814QAC236905 COMM 2,881.39 2,881.39JOHN DEEREROYAL BANK OF02/15/2019JDOT 1.25% MAT47788NAC236905 COMM 690,869.65 690,869.65JOHN DEEREROYAL BANK OF02/15/2019JDOT 1.25% MAT47788NAC236929 COMM 24,341.66 24,341.66CHASE ISSUANCEJPMorganChase02/15/2019CHAIT 1.27% MAT161571HF436929 COMM 869,132.98 869,132.98CHASE ISSUANCEJPMorganChase02/15/2019CHAIT 1.27% MAT161571HF436956 COMM 5,302.01 5,302.01MERCEDES -BENZCITIGROUP GLOBAL02/15/2019MBART 1.26% MAT58769BAD636956 COMM 541,763.10 541,763.10MERCEDES -BENZCITIGROUP GLOBAL02/15/2019MBART 1.26% MAT58769BAD637035 COMM 7,693.17 7,693.17TOYOTA AUTO RECJPMorganChase02/15/2019TAOT 1.23% MAT89231LAD937035 COMM 885,914.44 885,914.44TOYOTA AUTO RECJPMorganChase02/15/2019TAOT 1.23% MAT89231LAD937507 COMM 10,180.98 10,180.98JOHN DEEREBANK OF AMERICA02/15/2019JDOT 1.78% MAT47787XAC137507 COMM 747,981.73 747,981.73JOHN DEEREBANK OF AMERICA02/15/2019JDOT 1.78% MAT47787XAC137568 COMM 11,960.48 11,960.48TOYOTA AUTO RECBANK OF AMERICA02/15/2019TAOT 1.73% MAT89238MAD037568 COMM 704,083.51 704,083.51TOYOTA AUTO RECBANK OF AMERICA02/15/2019TAOT 1.73% MAT89238MAD037862 COMM 46,466.68 46,466.68American ExpressROYAL BANK OF02/15/2019AMXCA 1.64% MAT02582JHG837862 COMM 1,066,839.84 1,066,839.84American ExpressROYAL BANK OF02/15/2019AMXCA 1.64% MAT02582JHG837976 COMM 39,200.00 39,200.00HONDA AUTOCITIGROUP GLOBAL02/15/2019HAROT 1.68% MAT43811BAC837976 COMM 1,454,501.38 1,454,501.38HONDA AUTOCITIGROUP GLOBAL02/15/2019HAROT 1.68% MAT43811BAC838137 COMM 38,599.99 38,599.99TOYOTA AUTO RECJPMorganChase02/15/2019TAOT 1.93% MAT89238KAD438137 COMM 689,241.76 689,241.76TOYOTA AUTO RECJPMorganChase02/15/2019TAOT 1.93% MAT89238KAD4

Portfolio SCL2AP


45



TotalCashInterest

PrincipalPaydowns


38475 COMM 40,854.16 40,854.16NISSAN AUTOMERRILL LYNCH02/15/2019NALT 2.65% MAT65478DAD938475 COMM 468,085.34 468,085.34NISSAN AUTOMERRILL LYNCH02/15/2019NALT 2.65% MAT65478DAD938476 COMM 18,287.50 18,287.50JOHN DEEREROYAL BANK OF02/15/2019JDOT 2.66% MAT47788CAC638476 COMM 212,368.41 212,368.41JOHN DEEREROYAL BANK OF02/15/2019JDOT 2.66% MAT47788CAC638646 COMM 100,125.00 100,125.00American ExpressBARCLAYS CAPITAL02/15/2019AMXCA 2.67% MAT02582JHQ638646 COMM 1,011,642.76 1,011,642.76American ExpressBARCLAYS CAPITAL02/15/2019AMXCA 2.67% MAT02582JHQ638708 COMM 86,309.83 86,309.83CHASE ISSUANCEBARCLAYS CAPITAL02/15/2019CHAIT 2.1227% MAT161571HN738708 COMM 726,342.14 726,342.14CHASE ISSUANCEBARCLAYS CAPITAL02/15/2019CHAIT 2.1227% MAT161571HN738785 COMM 6,700.00 6,700.00MERCEDES-BENZBOK FINANCIAL02/15/2019MBALT 2.01% MAT58769DAE038785 COMM 91,589.09 91,589.09MERCEDES-BENZBOK FINANCIAL02/15/2019MBALT 2.01% MAT58769DAE038958 COMM 26,500.00 26,500.00TOYOTA AUTO RECJPMorganChase02/15/2019TAOT 3.18% MAT89231PAD038958 COMM 192,185.33 192,185.33TOYOTA AUTO RECJPMorganChase02/15/2019TAOT 3.18% MAT89231PAD039013 COMM 57,274.99 57,274.99HONDA AUTOJPMorganChase02/15/2019HAROT 3.16% MAT43815AAC639013 COMM 427,071.49 427,071.49HONDA AUTOJPMorganChase02/15/2019HAROT 3.16% MAT43815AAC639062 COMM 50,350.00 50,350.00BANK OF AMERICAROYAL BANK OF02/15/2019BACCT 3.% MAT05522RCZ939062 COMM 362,232.66 362,232.66BANK OF AMERICAROYAL BANK OF02/15/2019BACCT 3.% MAT05522RCZ939082 COMM 38,750.00 38,750.00BANK OF AMERICAROYAL BANK OF02/15/2019BACCT 3.1% MAT05522RDA339082 COMM 248,051.93 248,051.93BANK OF AMERICAROYAL BANK OF02/15/2019BACCT 3.1% MAT05522RDA339190 COMM 12,916.67 12,916.67MERCEDES-BENZMERRILL LYNCH02/15/2019MBALT 3.1% MAT58772TAC439190 COMM 283,382.43 283,382.43MERCEDES-BENZMERRILL LYNCH02/15/2019MBALT 3.1% MAT58772TAC439220 COMM 56,250.00 56,250.00BANK OF AMERICAMERRILL LYNCH02/15/2019BACCT 2.7% MAT05522RCY239220 COMM 471,820.18 471,820.18BANK OF AMERICAMERRILL LYNCH02/15/2019BACCT 2.7% MAT05522RCY239220 COMM -43,125.00 -43,125.00BANK OF AMERICAMERRILL LYNCH02/15/2019BACCT 2.7% MAT05522RCY239220 COMM 0.00BANK OF AMERICAMERRILL LYNCH02/15/2019BACCT 2.7% MAT05522RCY2

Totals for 02/15/2019 599,391,638.44 564,320,405.43 900,751.97 -34,170,481.04

39246 COMM 99,993,611.12 -99,993,611.12FHLB DISCOUNTMIZUHO02/19/2019FHDN DISC NOTE313384CC139247 COMM 199,987,222.24 -199,987,222.24FHLB DISCOUNTUBS FINANCE02/19/2019FHDN DISC NOTE313384CC139248 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/19/2019USTN 2.37% MATSYS3924839241 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/19/2019USTN 2.41% MATSYS3924139242 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/19/2019FHDN DISC NOTE313384CB339243 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO02/19/2019FHDN DISC NOTE313384CB339244 COMM 50,000,000.00 50,000,000.00Natixis NY BranchMERRILL LYNCH02/19/2019NATXNY DISC NOTE63873KPK738462 COMM 534,375.00 534,375.00FHLMC NOTESBARCLAYS CAPITAL02/19/2019FEDERAL HOME LN3137EAEL939118 COMM 22,500.00 22,500.00FHLMC NOTESBREAN CAPITAL LLC02/19/2019FEDERAL HOME LN3134G94B039118 COMM 16,250.00 -16,250.00 0.00FHLMC NOTESBREAN CAPITAL LLC02/19/2019FEDERAL HOME LN3134G94B039241 COMM 53,555.55 53,555.55U.S. TREASURYBARCLAYS CAPITAL02/19/2019USTN 2.41% MATSYS3924136587 COMM 1,159.38 1,159.38HONDA AUTOJPMorganChase02/19/2019HAROT 1.22% MAT43814NAC936587 COMM 578,859.11 578,859.11HONDA AUTOJPMorganChase02/19/2019HAROT 1.22% MAT43814NAC937059 COMM 6,969.29 6,969.29HONDA AUTOBARCLAYS CAPITAL02/19/2019HAROT 1.21% MAT43814RAC037059 COMM 679,137.49 679,137.49HONDA AUTOBARCLAYS CAPITAL02/19/2019HAROT 1.21% MAT43814RAC0

Portfolio SCL2AP


46



TotalCashInterest

PrincipalPaydowns


38738 COMM 30,100.00 30,100.00HONDA AUTOBARCLAYS CAPITAL02/19/2019HAROT 3.01% MAT43814UAG438738 COMM 303,289.08 303,289.08HONDA AUTOBARCLAYS CAPITAL02/19/2019HAROT 3.01% MAT43814UAG4

Totals for 02/19/2019 499,980,833.36 551,577,535.68 632,409.22 52,229,111.54

39252 COMM 50,000,000.00 -50,000,000.00Canadian IMP BKJPMorganChase02/20/2019CIBCNY 2.58% MAT13606BQ3339250 COMM 99,993,611.12 -99,993,611.12FHLB DISCOUNTMIZUHO02/20/2019FHDN DISC NOTE313384CD939251 COMM 199,987,222.24 -199,987,222.24FHLB DISCOUNTUBS FINANCE02/20/2019FHDN DISC NOTE313384CD939249 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/20/2019USTN 2.37% MATSYS3924939246 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO02/20/2019FHDN DISC NOTE313384CC139247 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/20/2019FHDN DISC NOTE313384CC139248 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/20/2019USTN 2.37% MATSYS3924839248 COMM 13,166.68 13,166.68U.S. TREASURYBARCLAYS CAPITAL02/20/2019USTN 2.37% MATSYS3924837036 COMM 1,319.98 1,319.98BMW VEHICLEMIZUHO02/20/2019BMWLT 1.43% MAT05582XAD437036 COMM 1,014,318.96 1,014,318.96BMW VEHICLEMIZUHO02/20/2019BMWLT 1.43% MAT05582XAD4

Totals for 02/20/2019 549,980,833.36 501,014,318.96 14,486.66 -48,952,027.74

39254 COMM 24,791,666.67 -24,791,666.67Credit Agricole CorpJPMorganChase02/21/2019CACPNY DISC NOTE22533UTM539255 COMM 199,987,222.24 -199,987,222.24FHLB DISCOUNTUBS FINANCE02/21/2019FHDN DISC NOTE313384CE739256 COMM 99,993,611.12 -99,993,611.12FHLB DISCOUNTMIZUHO02/21/2019FHDN DISC NOTE313384CE739253 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/21/2019USTN 2.37% MATSYS3925339249 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/21/2019USTN 2.37% MATSYS3924939250 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO02/21/2019FHDN DISC NOTE313384CD939251 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/21/2019FHDN DISC NOTE313384CD939249 COMM 13,166.67 13,166.67U.S. TREASURYBARCLAYS CAPITAL02/21/2019USTN 2.37% MATSYS3924937615 COMM 18,146.98 18,146.98HONDA AUTOBANK OF AMERICA02/21/2019HAROT 1.72% MAT43814TAC637615 COMM 891,530.24 891,530.24HONDA AUTOBANK OF AMERICA02/21/2019HAROT 1.72% MAT43814TAC6

Totals for 02/21/2019 524,772,500.03 500,891,530.24 31,313.65 -23,849,656.14

39258 COMM 199,961,666.68 -199,961,666.68FHLB DISCOUNTUBS FINANCE02/22/2019FHDN ZERO CPN313384CH039259 COMM 99,980,833.34 -99,980,833.34FHLB DISCOUNTMIZUHO02/22/2019FHDN ZERO CPN313384CH039257 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/22/2019BC 2.37% MATSYS3925736576 COMM 15,500,000.00 15,500,000.00FNMA NOTESINCAPITAL LLC02/22/2019FEDERAL NATL MTG3136G2WX139253 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/22/2019USTN 2.37% MATSYS3925339255 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/22/2019FHDN DISC NOTE313384CE739256 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO02/22/2019FHDN DISC NOTE313384CE736576 COMM 96,875.00 96,875.00FNMA NOTESINCAPITAL LLC02/22/2019FEDERAL NATL MTG3136G2WX137454 COMM 140,000.00 140,000.00FHLMC NOTESINCAPITAL LLC02/22/2019FEDERAL HOME LN3134G3A9139253 COMM 13,166.66 13,166.66U.S. TREASURYBARCLAYS CAPITAL02/22/2019USTN 2.37% MATSYS39253

Totals for 02/22/2019 499,942,500.02 515,500,000.00 250,041.66 15,807,541.64

39260 COMM 199,987,222.24 -199,987,222.24FHLB DISCOUNTUBS FINANCE02/25/2019FHDN DISC NOTE313384CJ639261 COMM 99,993,611.00 -99,993,611.00FHLB DISCOUNTMIZUHO02/25/2019FHDN DISC NOTE313384CJ6

Portfolio SCL2AP


47



TotalCashInterest

PrincipalPaydowns


39262 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/25/2019USTN 2.37% MATSYS3926238543 COMM 17,300,000.00 17,300,000.00FHLB DISCOUNTLOOP CAPITAL02/25/2019FHDN ZERO CPN313384CH039200 COMM 75,000,000.00 75,000,000.00WALMART STORESCITIGROUP GLOBAL02/25/2019WMTPP DISC NOTE93114FPR939257 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/25/2019BC 2.37% MATSYS3925739258 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/25/2019FHDN ZERO CPN313384CH039259 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO02/25/2019FHDN ZERO CPN313384CH036583 COMM 93,750.00 93,750.00FHLMC NOTESINCAPITAL LLC02/25/2019FEDERAL HOME LN3134G8JT737817 COMM 150,000.00 150,000.00FHLMC NOTESINCAPITAL LLC02/25/2019FEDERAL HOME LN3134GBPM839257 COMM 39,500.01 39,500.01U.S. TREASURYBARCLAYS CAPITAL02/25/2019BC 2.37% MATSYS3925736893 COMM 3,842.00 3,842.00BMW VEHICLEJPMorganChase02/25/2019BMWOT 1.16% MAT05582QAD936893 COMM 556,654.89 556,654.89BMW VEHICLEJPMorganChase02/25/2019BMWOT 1.16% MAT05582QAD938387 COMM 44,700.00 44,700.00FHLMC Multi-FamilyBREAN CAPITAL LLC02/25/2019FHLMCM 2.682%3137AYCE938387 COMM 518,070.60 518,070.60FHLMC Multi-FamilyBREAN CAPITAL LLC02/25/2019FHLMCM 2.682%3137AYCE938391 COMM 16,762.50 16,762.50FHLMC Multi-FamilyBREAN CAPITAL LLC02/25/2019FHLMCM 2.682%3137AYCE938391 COMM 194,178.89 194,178.89FHLMC Multi-FamilyBREAN CAPITAL LLC02/25/2019FHLMCM 2.682%3137AYCE938412 COMM 62,666.66 62,666.66BMW VEHICLEJPMorganChase02/25/2019BMWOT 2.35% MAT09659QAD938412 COMM 858,812.77 858,812.77BMW VEHICLEJPMorganChase02/25/2019BMWOT 2.35% MAT09659QAD938465 COMM 10,727.55 10,727.55FHLMC Multi-FamilyBREAN CAPITAL LLC02/25/2019FHLMCM 2.307%3137AWQH138465 COMM 146,519.14 146,519.14FHLMC Multi-FamilyBREAN CAPITAL LLC02/25/2019FHLMCM 2.307%3137AWQH138477 COMM 7,767.69 7,767.69FNMA Multi-FamilyBOK FINANCIAL02/25/2019FHLMCM 2.55% MAT3138LAYM538477 COMM 5,484.60 5,484.60FNMA Multi-FamilyBOK FINANCIAL02/25/2019FHLMCM 2.55% MAT3138LAYM538643 COMM 55,333.34 55,333.34FHLMC Multi-FamilyBARCLAYS CAPITAL02/25/2019FHLMCM 3.32% MAT3137B36J238643 COMM 482,654.31 482,654.31FHLMC Multi-FamilyBARCLAYS CAPITAL02/25/2019FHLMCM 3.32% MAT3137B36J238664 COMM 10,819.94 10,819.94FNMA Multi-FamilyVINING SPARKS IBG02/25/2019FNMAM 3.56% MAT3136B1XP438664 COMM 59,531.13 59,531.13FNMA Multi-FamilyVINING SPARKS IBG02/25/2019FNMAM 3.56% MAT3136B1XP438665 COMM 10,819.94 10,819.94FNMA Multi-FamilyJPMorganChase02/25/2019FNMAM 3.56% MAT3136B1XP438665 COMM 59,531.13 59,531.13FNMA Multi-FamilyJPMorganChase02/25/2019FNMAM 3.56% MAT3136B1XP438666 COMM 26,250.08 26,250.08FHLMC Multi-FamilyBREAN CAPITAL LLC02/25/2019FHLMCM 2.682%3137AYCE938666 COMM 298,565.63 298,565.63FHLMC Multi-FamilyBREAN CAPITAL LLC02/25/2019FHLMCM 2.682%3137AYCE938744 COMM 44,700.00 44,700.00FHLMC Multi-FamilyBREAN CAPITAL LLC02/25/2019FHLMCM 2.682%3137AYCE938744 COMM 508,593.87 508,593.87FHLMC Multi-FamilyBREAN CAPITAL LLC02/25/2019FHLMCM 2.682%3137AYCE938854 COMM 12,176.25 12,176.25FHLMC Multi-FamilyBREAN CAPITAL LLC02/25/2019FHLMCM 3.06% MAT3137B4WB838854 COMM 104,976.35 104,976.35FHLMC Multi-FamilyBREAN CAPITAL LLC02/25/2019FHLMCM 3.06% MAT3137B4WB838864 COMM 29,425.00 29,425.00FHLMC Multi-FamilyINCAPITAL LLC02/25/2019FHLMCM 3.531%3137B5JM638864 COMM 221,304.43 221,304.43FHLMC Multi-FamilyINCAPITAL LLC02/25/2019FHLMCM 3.531%3137B5JM638884 COMM 9,749.73 9,749.73FNMA Multi-FamilyBOK FINANCIAL02/25/2019FNMAM 3.27% MAT31381N7G238884 COMM 6,177.72 6,177.72FNMA Multi-FamilyBOK FINANCIAL02/25/2019FNMAM 3.27% MAT31381N7G238945 COMM 28,723.99 28,723.99FHLMC Multi-FamilyINCAPITAL LLC02/25/2019FHLMC REMIC3137B3NA238945 COMM 243,775.39 243,775.39FHLMC Multi-FamilyINCAPITAL LLC02/25/2019FHLMC REMIC3137B3NA239026 COMM 28,816.67 28,816.67FHLMC Multi-FamilyINCAPITAL LLC02/25/2019FHLMC SERIES3137B5KW2

Portfolio SCL2AP


48



TotalCashInterest

PrincipalPaydowns


39026 COMM 217,375.20 217,375.20FHLMC Multi-FamilyINCAPITAL LLC02/25/2019FHLMC SERIES3137B5KW239093 COMM 46,890.78 46,890.78FHLMC Multi-FamilyBOK FINANCIAL02/25/2019FHLMCM 2.52688%3137FBUV639093 COMM 1,137,063.39 1,137,063.39FHLMC Multi-FamilyBOK FINANCIAL02/25/2019FHLMCM 2.52688%3137FBUV639150 COMM 71,333.91 71,333.91FNMA Multi-FamilyBOK FINANCIAL02/25/2019FNMAM 2.75% MAT31381TYT139150 COMM 59,706.74 59,706.74FNMA Multi-FamilyBOK FINANCIAL02/25/2019FNMAM 2.75% MAT31381TYT139150 COMM -29,914.22 -29,914.22FNMA Multi-FamilyBOK FINANCIAL02/25/2019FNMAM 2.75% MAT31381TYT139150 COMM 0.00FNMA Multi-FamilyBOK FINANCIAL02/25/2019FNMAM 2.75% MAT31381TYT139158 COMM 48,238.90 48,238.90FNMA Multi-FamilyKEYBANC CAPITAL02/25/2019FNMAM 3.84% MAT31381RZ2339158 COMM 25,136.27 25,136.27FNMA Multi-FamilyKEYBANC CAPITAL02/25/2019FNMAM 3.84% MAT31381RZ2339158 COMM -23,341.40 -23,341.40FNMA Multi-FamilyKEYBANC CAPITAL02/25/2019FNMAM 3.84% MAT31381RZ2339158 COMM 0.00FNMA Multi-FamilyKEYBANC CAPITAL02/25/2019FNMAM 3.84% MAT31381RZ23

Totals for 02/25/2019 499,980,833.24 598,004,112.45 799,739.32 98,823,018.53

39263 COMM 199,987,222.24 -199,987,222.24FHLB DISCOUNTUBS FINANCE02/26/2019FHDN DISC NOTE313384CK339264 COMM 99,993,611.00 -99,993,611.00FHLB DISCOUNTMIZUHO02/26/2019FHDN DISC NOTE313384CK339265 COMM 200,000,000.00 -200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/26/2019USTN 2.37% MATSYS3926539065 COMM 45,000,000.00 45,000,000.00IBMCITIGROUP GLOBAL02/26/2019IBM DISC NOTE MAT45113VPS339260 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/26/2019FHDN DISC NOTE313384CJ639261 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO02/26/2019FHDN DISC NOTE313384CJ639262 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/26/2019USTN 2.37% MATSYS3926238466 COMM 250,000.00 250,000.00FHLMC NOTESINCAPITAL LLC02/26/2019FEDERAL HOME LN3134GSFE039262 COMM 13,166.65 13,166.65U.S. TREASURYBARCLAYS CAPITAL02/26/2019USTN 2.37% MATSYS39262

Totals for 02/26/2019 499,980,833.24 545,000,000.00 263,166.65 45,282,333.41

39266 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL02/27/2019USTN 2.36% MATSYS3926639267 COMM 199,987,333.32 -199,987,333.32FHLB DISCOUNTUBS FINANCE02/27/2019FHDN DISC NOTE313384CL139268 COMM 99,993,667.00 -99,993,667.00FHLB DISCOUNTMIZUHO02/27/2019FHDN DISC NOTE313384CL139269 COMM 13,749,631.50 -13,749,631.50HONDA AUTOMERRILL LYNCH02/27/2019HAROT 2.83% MAT43814WAC939263 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/27/2019FHDN DISC NOTE313384CK339264 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO02/27/2019FHDN DISC NOTE313384CK339265 COMM 200,000,000.00 200,000,000.00U.S. TREASURYBARCLAYS CAPITAL02/27/2019USTN 2.37% MATSYS3926539265 COMM 13,166.67 13,166.67U.S. TREASURYBARCLAYS CAPITAL02/27/2019USTN 2.37% MATSYS39265

Totals for 02/27/2019 513,730,631.82 500,000,000.00 13,166.67 -13,717,465.15

39270 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL02/28/2019BCREPO (USTN)SYS3927039271 COMM 199,987,500.00 -199,987,500.00FHLB DISCOUNTUBS FINANCE02/28/2019FHDN DISC NOTE313384CM939272 COMM 99,993,750.00 -99,993,750.00FHLB DISCOUNTMIZUHO02/28/2019FHDN DISC NOTE313384CM939128 COMM 25,000,000.00 25,000,000.00FHLB DISCOUNTUBS FINANCE02/28/2019FHDN DISC NOTE313384CL139266 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL02/28/2019USTN 2.36% MATSYS3926639267 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE02/28/2019FHDN DISC NOTE313384CL139268 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO02/28/2019FHDN DISC NOTE313384CL137578 COMM 37,187.50 37,187.50FHLMC NOTESINCAPITAL LLC02/28/2019FHLMC 2.125% MAT3134GA5T7

Portfolio SCL2AP


49



TotalCashInterest

PrincipalPaydowns


37579 COMM 212,500.00 212,500.00FHLMC NOTESINCAPITAL LLC02/28/2019FHLMC 2.125% MAT3134GA5T737580 COMM 83,625.00 83,625.00FHLMC NOTESINCAPITAL LLC02/28/2019FEDERAL HOME LN3134GA6W938016 COMM 69,300.00 69,300.00FHLB NOTESINCAPITAL LLC02/28/2019FEDERAL HOME3130ABZE938302 COMM 125,000.00 125,000.00U.S. TREASURYDEUTSCHE BANK02/28/2019UNITED STATES912828TN038859 COMM 90,000.00 90,000.00FHLB NOTESKEYBANC CAPITAL02/28/2019FEDERAL HOME3130AC2P838859 COMM 9,500.00 -9,500.00 0.00FHLB NOTESKEYBANC CAPITAL02/28/2019FEDERAL HOME3130AC2P839266 COMM 13,111.12 13,111.12BARCLAYS CAPITALBARCLAYS CAPITAL02/28/2019USTN 2.36% MATSYS39266

Totals for 02/28/2019 499,981,250.00 525,009,500.00 621,223.62 25,649,473.62

39275 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/01/2019BCREPO (USTN)SYS3927539274 COMM 199,961,666.00 -199,961,666.00FHLB DISCOUNTUBS FINANCE03/01/2019FHDN DISC NOTE313384CQ039273 COMM 99,980,833.00 -99,980,833.00FHLB DISCOUNTMIZUHO03/01/2019FHDN DISC NOTE313384CQ038495 COMM 6,744,000.00 6,744,000.00EXXON MOBILINCAPITAL LLC03/01/2019EXXON MOBIL30231GAP738504 COMM 25,282,000.00 25,282,000.00JOHNSON &INCAPITAL LLC03/01/2019JOHNSON &478160BR438505 COMM 8,265,000.00 8,265,000.00EXXON MOBILINCAPITAL LLC03/01/2019EXXON MOBIL30231GAP739270 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/01/2019BCREPO (USTN)SYS3927039271 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/01/2019FHDN DISC NOTE313384CM939272 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO03/01/2019FHDN DISC NOTE313384CM938024 COMM 25,500.00 25,500.00FFCB NOTESINCAPITAL LLC03/01/2019FEDERAL FARM CR3133EHWM138025 COMM 42,500.00 42,500.00FFCB NOTESINCAPITAL LLC03/01/2019FEDERAL FARM CR3133EHWM138026 COMM 59,500.00 59,500.00FFCB NOTESINCAPITAL LLC03/01/2019FEDERAL FARM CR3133EHWM138368 COMM 43,271.25 43,271.25FFCB NOTESINCAPITAL LLC03/01/2019FEDERAL FARM CR3133EFF2838495 COMM 57,593.76 57,593.76EXXON MOBILINCAPITAL LLC03/01/2019EXXON MOBIL30231GAP738504 COMM 142,211.25 142,211.25JOHNSON &INCAPITAL LLC03/01/2019JOHNSON &478160BR438505 COMM 70,583.10 70,583.10EXXON MOBILINCAPITAL LLC03/01/2019EXXON MOBIL30231GAP738852 COMM 111,100.00 111,100.00EXXON MOBILINCAPITAL LLC03/01/2019EXXON MOBIL30231GAV438852 COMM 5,555.00 -5,555.00 0.00EXXON MOBILINCAPITAL LLC03/01/2019EXXON MOBIL30231GAV439270 COMM 14,166.67 14,166.67BARCLAYS CAPITALBARCLAYS CAPITAL03/01/2019BCREPO (USTN)SYS39270

Totals for 03/01/2019 499,942,499.00 540,296,555.00 560,871.03 40,914,927.03

39276 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/04/2019BCREPO (USTN)SYS3927639277 COMM 99,993,667.00 -99,993,667.00FHLB DISCOUNTMIZUHO03/04/2019FHDN DISC NOTE313384CR839278 COMM 199,987,333.32 -199,987,333.32FHLB DISCOUNTUBS FINANCE03/04/2019FHDN DISC NOTE313384CR839279 COMM 49,133,069.44 -49,133,069.44JP Morgan SecuritiesJPMorganChase03/04/2019JPMSCC ZERO CPN46640QXX439273 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO03/04/2019FHDN DISC NOTE313384CQ039274 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/04/2019FHDN DISC NOTE313384CQ039275 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/04/2019BCREPO (USTN)SYS3927537502 COMM 152,000.00 152,000.00FFCB NOTESINCAPITAL LLC03/04/2019FEDERAL FARM CR3133EHBA037503 COMM 79,640.00 79,640.00CHEVRON CORP.CITIGROUP GLOBAL03/04/2019CHEVRON CORP166764BP439031 COMM 189,758.13 189,758.13BANK OF NEWCITIGROUP GLOBAL03/04/2019BANK NEW YORK06405LAA939032 COMM 37,951.63 37,951.63BANK OF NEWAcademy Securities03/04/2019BANK NEW YORK06405LAA9

Portfolio SCL2AP


50



TotalCashInterest

PrincipalPaydowns


39105 COMM 94,375.00 94,375.00FFCB NOTESINCAPITAL LLC03/04/2019FEDERAL FARM CR3133EJY6039105 COMM 22,020.83 -22,020.83 0.00FFCB NOTESINCAPITAL LLC03/04/2019FEDERAL FARM CR3133EJY6039275 COMM 39,333.33 39,333.33BARCLAYS CAPITALBARCLAYS CAPITAL03/04/2019BCREPO (USTN)SYS3927534292 COMM 339.63 339.63MORGAN STANLEY03/04/2019MSTI 0.%SYS3429234292 COMM 339.63 -339.63MORGAN STANLEY03/04/2019MSTI 0.%SYS3429237590 COMM 391,684.69 391,684.69JP MORGAN USJPMorganChase03/04/2019JPM TE 0.44%SYS3759037590 COMM 391,684.69 -391,684.69JP MORGAN USJPMorganChase03/04/2019JPM TE 0.44%SYS37590

Totals for 03/04/2019 549,506,094.08 500,022,020.83 963,061.58 -48,521,011.67

39280 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/05/2019BCREPO (USTN)SYS3928039281 COMM 99,993,667.00 -99,993,667.00FHLB DISCOUNTMIZUHO03/05/2019FHDN DISC NOTE313384CS639282 COMM 199,987,500.00 -199,987,500.00FHLB DISCOUNTUBS FINANCE03/05/2019FHDN DISC NOTE313384CS639276 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/05/2019BCREPO (USTN)SYS3927639277 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO03/05/2019FHDN DISC NOTE313384CR839278 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/05/2019FHDN DISC NOTE313384CR839276 COMM 13,111.10 13,111.10BARCLAYS CAPITALBARCLAYS CAPITAL03/05/2019BCREPO (USTN)SYS39276

Totals for 03/05/2019 499,981,167.00 500,000,000.00 13,111.10 31,944.10

39283 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/06/2019BCREPO (USTN)SYS3928339284 COMM 99,993,667.00 -99,993,667.00FHLB DISCOUNTMIZUHO03/06/2019FHDN DISC NOTE313384CT439285 COMM 199,987,333.32 -199,987,333.32FHLB DISCOUNTUBS FINANCE03/06/2019FHDN DISC NOTE313384CT439280 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/06/2019BCREPO (USTN)SYS3928039281 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO03/06/2019FHDN DISC NOTE313384CS639282 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/06/2019FHDN DISC NOTE313384CS635847 COMM 61,250.00 61,250.00FNMA NOTESBREAN CAPITAL LLC03/06/2019FEDERAL NATL MTG3135G0UU535856 COMM 127,610.00 127,610.00FNMA NOTESBREAN CAPITAL LLC03/06/2019FEDERAL NATL MTG3135G0UU539280 COMM 13,111.10 13,111.10BARCLAYS CAPITALBARCLAYS CAPITAL03/06/2019BCREPO (USTN)SYS39280

Totals for 03/06/2019 499,981,000.32 500,000,000.00 201,971.10 220,970.78

39286 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/07/2019BCREPO (USTN)SYS3928639287 COMM 149,990,583.33 -149,990,583.33FHLB DISCOUNTUBS FINANCE03/07/2019FHDN DISC NOTE313384CU139288 COMM 49,996,861.11 -49,996,861.11FHLB DISCOUNTMIZUHO03/07/2019FHDN DISC NOTE313384CU139283 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/07/2019BCREPO (USTN)SYS3928339284 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO03/07/2019FHDN DISC NOTE313384CT439285 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/07/2019FHDN DISC NOTE313384CT439283 COMM 13,055.56 13,055.56BARCLAYS CAPITALBARCLAYS CAPITAL03/07/2019BCREPO (USTN)SYS39283

Totals for 03/07/2019 399,987,444.44 500,000,000.00 13,055.56 100,025,611.12

39291 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/08/2019BCREPO (USTN)SYS3929139289 COMM 49,990,500.00 -49,990,500.00FHLB DISCOUNTMIZUHO03/08/2019FHDN DISC NOTE313384CX539290 COMM 149,971,500.00 -149,971,500.00FHLB DISCOUNTUBS FINANCE03/08/2019FHDN DISC NOTE313384CX539292 COMM 39,794,444.44 -39,794,444.44METLIFE SHORTCITIGROUP GLOBAL03/08/2019METSHR DISC NOTE59157USM3

Portfolio SCL2AP


51



TotalCashInterest

PrincipalPaydowns


35867 COMM 10,000,000.00 10,000,000.00FHLB NOTESUBS FINANCE03/08/2019FEDERAL HOME313378QK036707 COMM 20,015,000.00 20,015,000.00FHLB NOTESMERRILL LYNCH03/08/2019FEDERAL HOME3133782M239286 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/08/2019BCREPO (USTN)SYS3928639287 COMM 150,000,000.00 150,000,000.00FHLB DISCOUNTUBS FINANCE03/08/2019FHDN DISC NOTE313384CU139288 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO03/08/2019FHDN DISC NOTE313384CU135867 COMM 93,750.00 93,750.00FHLB NOTESUBS FINANCE03/08/2019FEDERAL HOME313378QK036707 COMM 150,112.50 150,112.50FHLB NOTESMERRILL LYNCH03/08/2019FEDERAL HOME3133782M239138 COMM 98,437.50 98,437.50FHLB NOTESINCAPITAL LLC03/08/2019FEDERAL HOME3130ABFD339138 COMM 33,906.25 -33,906.25 0.00FHLB NOTESINCAPITAL LLC03/08/2019FEDERAL HOME3130ABFD339286 COMM 13,111.13 13,111.13BARCLAYS CAPITALBARCLAYS CAPITAL03/08/2019BCREPO (USTN)SYS39286

Totals for 03/08/2019 439,756,444.44 430,048,906.25 321,504.88 -9,386,033.31

39298 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/11/2019BCREPO (USTN)SYS3929839296 COMM 20,016,800.00 -20,016,800.00FFCB NOTESINCAPITAL LLC03/11/2019FEDERAL FARM CR3133EKCS339293 COMM 149,990,499.99 -149,990,499.99FHLB DISCOUNTUBS FINANCE03/11/2019FHDN DISC NOTE313384CY339294 COMM 49,996,833.33 -49,996,833.33FHLB DISCOUNTMIZUHO03/11/2019FHDN DISC NOTE313384CY339295 COMM 26,794,537.50 -26,794,537.50FHLMC Multi-FamilyJPMorganChase03/11/2019FHLMCM 2.615%3137B04Y739297 COMM 49,596,416.67 -49,596,416.67TORONTOCITIGROUP GLOBAL03/11/2019TDNY DISC NOTE89116FU5739289 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO03/11/2019FHDN DISC NOTE313384CX539290 COMM 150,000,000.00 150,000,000.00FHLB DISCOUNTUBS FINANCE03/11/2019FHDN DISC NOTE313384CX539291 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/11/2019BCREPO (USTN)SYS3929136993 COMM 134,062.50 134,062.50FHLB NOTESINCAPITAL LLC03/11/2019FEDERAL HOME313380WG837022 COMM 82,500.00 82,500.00FHLB NOTES03/11/2019FEDERAL HOME313380WG837054 COMM 68,750.00 68,750.00FHLB NOTESKEYBANC CAPITAL03/11/2019FEDERAL HOME313380WG837072 COMM 95,287.50 95,287.50FHLB NOTESKEYBANC CAPITAL03/11/2019FEDERAL HOME313380WG837726 COMM 281,250.00 281,250.00FHLB NOTESKEYBANC CAPITAL03/11/2019FHLB 2.25% MAT313378CR038269 COMM 203,125.00 203,125.00FHLB NOTESKEYBANC CAPITAL03/11/2019FEDERAL HOME3130A66T938436 COMM 71,875.00 71,875.00FHLB NOTESKEYBANC CAPITAL03/11/2019FEDERAL HOME313370US539291 COMM 39,333.34 39,333.34BARCLAYS CAPITALBARCLAYS CAPITAL03/11/2019BCREPO (USTN)SYS39291

Totals for 03/11/2019 496,395,087.49 400,000,000.00 976,183.34 -95,418,904.15

39302 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/12/2019BCREPO (USTN)SYS3930239299 COMM 49,996,833.33 -49,996,833.33FHLB DISCOUNTUBS FINANCE03/12/2019FHDN DISC NOTE313384CZ039301 COMM 50,000,000.00 -50,000,000.00FHLB NOTESDEUTSCHE BANK03/12/2019FEDERAL HOME3130AG2J339300 COMM 45,000,000.00 -45,000,000.00ROYAL BANK OFRBC CAPITAL03/12/2019RBCNY 2.64% MAT78012UMJ139293 COMM 150,000,000.00 150,000,000.00FHLB DISCOUNTUBS FINANCE03/12/2019FHDN DISC NOTE313384CY339294 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO03/12/2019FHDN DISC NOTE313384CY339298 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/12/2019BCREPO (USTN)SYS3929837711 COMM 226,275.00 226,275.00FHLB NOTESKEYBANC CAPITAL03/12/2019FEDERAL HOME313382K6939298 COMM 13,111.11 13,111.11BARCLAYS CAPITALBARCLAYS CAPITAL03/12/2019BCREPO (USTN)SYS39298

Totals for 03/12/2019 344,996,833.33 400,000,000.00 239,386.11 55,242,552.78

Portfolio SCL2AP


52



TotalCashInterest

PrincipalPaydowns


39303 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/13/2019BCREPO (USTN)SYS3930339304 COMM 50,000,000.00 -50,000,000.00BNP PARIBAS NYJPMorganChase03/13/2019BNP P 2.69% MAT05586FXA039299 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTUBS FINANCE03/13/2019FHDN DISC NOTE313384CZ039302 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/13/2019BCREPO (USTN)SYS3930235826 COMM 94,600.00 94,600.00FHLB NOTESWELLS FARGO03/13/2019FEDERAL HOME313383VN835827 COMM 251,550.00 251,550.00FHLB NOTESKEYBANC CAPITAL03/13/2019FEDERAL HOME313383VN836756 COMM 140,625.00 140,625.00FHLB NOTESINCAPITAL LLC03/13/2019FEDERAL HOME313378J7736760 COMM 56,250.00 56,250.00FHLB NOTESINCAPITAL LLC03/13/2019FEDERAL HOME313378J7736886 COMM 140,625.00 140,625.00FHLB NOTESKEYBANC CAPITAL03/13/2019FEDERAL HOME313378J7737778 COMM 131,250.00 131,250.00FHLB NOTESKEYBANC CAPITAL03/13/2019FEDERAL HOME313378J7738596 COMM 296,875.00 296,875.00FHLB NOTESKEYBANC CAPITAL03/13/2019FEDERAL HOME3130A02T638878 COMM 196,000.00 196,000.00FFCB NOTESINCAPITAL LLC03/13/2019FEDERAL FARM CR3133EJZH538878 COMM 23,955.56 -23,955.56 0.00FFCB NOTESINCAPITAL LLC03/13/2019FEDERAL FARM CR3133EJZH539302 COMM 13,111.12 13,111.12BARCLAYS CAPITALBARCLAYS CAPITAL03/13/2019BCREPO (USTN)SYS39302

Totals for 03/13/2019 250,000,000.00 250,023,955.56 1,296,930.56 1,320,886.12

39305 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/14/2019BCREPO 2.38% MATSYS3930539306 COMM 149,991,041.67 -149,991,041.67FHLB DISCOUNTUBS FINANCE03/14/2019FHDN DISC NOTE313384DB239307 COMM 49,996,861.11 -49,996,861.11FHLB DISCOUNTMIZUHO03/14/2019FHDN DISC NOTE313384DB239303 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/14/2019BCREPO (USTN)SYS3930334292 COMM 194,723.68 194,723.68MORGAN STANLEY03/14/2019MSTI 0.%SYS3429237590 COMM 226,572,923.13 226,572,923.13JP MORGAN USJPMorganChase03/14/2019JPM TE 0.44%SYS3759039303 COMM 13,222.21 13,222.21BARCLAYS CAPITALBARCLAYS CAPITAL03/14/2019BCREPO (USTN)SYS39303

Totals for 03/14/2019 399,987,902.78 426,767,646.81 13,222.21 26,792,966.24

39308 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/15/2019BCREPO 2.42% MATSYS3930839309 COMM 199,961,666.68 -199,961,666.68FHLB DISCOUNTUBS FINANCE03/15/2019FHDN DISC NOTE313384DE639310 COMM 49,990,416.67 -49,990,416.67FHLB DISCOUNTMIZUHO03/15/2019FHDN DISC NOTE313384DE639314 COMM 4,069,000.00 -4,069,000.00UNIVERSITYUBS FINANCE03/15/2019UNIVERSITY CALIF91412GWY736620 COMM 5,000,000.00 5,000,000.00BERKSHIREJPMorganChase03/15/2019BERKSHIRE084664CG436753 COMM 164,904.16 164,904.16TOYOTA AUTO RECCITIGROUP GLOBAL03/15/2019TOYO 1.3% MAT89231UAD936753 COMM 8.43 8.43TOYOTA AUTO RECCITIGROUP GLOBAL03/15/2019TOYO 1.3% MAT89231UAD936896 COMM 5,000,000.00 5,000,000.00FHLB NOTESWELLS FARGO03/15/2019FEDERAL HOME3130A7L3738515 COMM 13,000,000.00 13,000,000.00EXXON MOBILINCAPITAL LLC03/15/2019EXXON MOBIL30231GAD439305 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/15/2019BCREPO 2.38% MATSYS3930539306 COMM 150,000,000.00 150,000,000.00FHLB DISCOUNTUBS FINANCE03/15/2019FHDN DISC NOTE313384DB239307 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO03/15/2019FHDN DISC NOTE313384DB236620 COMM 42,500.00 42,500.00BERKSHIREJPMorganChase03/15/2019BERKSHIRE084664CG436753 COMM 738.35 738.35TOYOTA AUTO RECCITIGROUP GLOBAL03/15/2019TOYO 1.3% MAT89231UAD936896 COMM 31,250.00 31,250.00FHLB NOTESWELLS FARGO03/15/2019FEDERAL HOME3130A7L3738503 COMM 225,000.00 225,000.00TENNESSEEBARCLAYS CAPITAL03/15/2019TENNESSEE880591EV0

Portfolio SCL2AP


53



TotalCashInterest

PrincipalPaydowns


38515 COMM 118,235.00 118,235.00EXXON MOBILINCAPITAL LLC03/15/2019EXXON MOBIL30231GAD438815 COMM 112,500.00 112,500.00TENNESSEEKEYBANC CAPITAL03/15/2019TENNESSEE880591EV038830 COMM 110,000.00 110,000.00BERKSHIREINCAPITAL LLC03/15/2019BERKSHIRE084670BQ039305 COMM 13,222.22 13,222.22BARCLAYS CAPITALBARCLAYS CAPITAL03/15/2019BCREPO 2.38% MATSYS3930536557 COMM 1,744.09 1,744.09NISSAN AUTOMERRILL LYNCH03/15/2019NALT 1.34% MAT65478UAD136557 COMM 235,533.88 235,533.88NISSAN AUTOMERRILL LYNCH03/15/2019NALT 1.34% MAT65478UAD136600 COMM 865.99 865.99JOHN DEEREMERRILL LYNCH03/15/2019JDOT 1.36% MAT47788MAC436600 COMM 326,145.67 326,145.67JOHN DEEREMERRILL LYNCH03/15/2019JDOT 1.36% MAT47788MAC436601 COMM 1,602.66 1,602.66TOYOTA AUTO RECMERRILL LYNCH03/15/2019TAOT 1.25% MAT89237KAD536601 COMM 561,673.14 561,673.14TOYOTA AUTO RECMERRILL LYNCH03/15/2019TAOT 1.25% MAT89237KAD536800 COMM 2,261.42 2,261.42HONDA AUTOMERRILL LYNCH03/15/2019HAROT 1.39% MAT43814QAC236800 COMM 486,975.46 486,975.46HONDA AUTOMERRILL LYNCH03/15/2019HAROT 1.39% MAT43814QAC236905 COMM 2,161.74 2,161.74JOHN DEEREROYAL BANK OF03/15/2019JDOT 1.25% MAT47788NAC236905 COMM 385,466.66 385,466.66JOHN DEEREROYAL BANK OF03/15/2019JDOT 1.25% MAT47788NAC236929 COMM 24,341.66 24,341.66CHASE ISSUANCEJPMorganChase03/15/2019CHAIT 1.27% MAT161571HF436929 COMM 895,438.34 895,438.34CHASE ISSUANCEJPMorganChase03/15/2019CHAIT 1.27% MAT161571HF436956 COMM 4,733.16 4,733.16MERCEDES -BENZCITIGROUP GLOBAL03/15/2019MBART 1.26% MAT58769BAD636956 COMM 480,166.50 480,166.50MERCEDES -BENZCITIGROUP GLOBAL03/15/2019MBART 1.26% MAT58769BAD637035 COMM 6,785.11 6,785.11TOYOTA AUTO RECJPMorganChase03/15/2019TAOT 1.23% MAT89231LAD937035 COMM 800,694.37 800,694.37TOYOTA AUTO RECJPMorganChase03/15/2019TAOT 1.23% MAT89231LAD937507 COMM 9,071.47 9,071.47JOHN DEEREBANK OF AMERICA03/15/2019JDOT 1.78% MAT47787XAC137507 COMM 445,843.08 445,843.08JOHN DEEREBANK OF AMERICA03/15/2019JDOT 1.78% MAT47787XAC137568 COMM 10,945.42 10,945.42TOYOTA AUTO RECBANK OF AMERICA03/15/2019TAOT 1.73% MAT89238MAD037568 COMM 643,804.45 643,804.45TOYOTA AUTO RECBANK OF AMERICA03/15/2019TAOT 1.73% MAT89238MAD037862 COMM 46,466.68 46,466.68American ExpressROYAL BANK OF03/15/2019AMXCA 1.64% MAT02582JHG837862 COMM 1,101,047.99 1,101,047.99American ExpressROYAL BANK OF03/15/2019AMXCA 1.64% MAT02582JHG837976 COMM 37,163.70 37,163.70HONDA AUTOCITIGROUP GLOBAL03/15/2019HAROT 1.68% MAT43811BAC837976 COMM 1,679,020.84 1,679,020.84HONDA AUTOCITIGROUP GLOBAL03/15/2019HAROT 1.68% MAT43811BAC838137 COMM 38,599.99 38,599.99TOYOTA AUTO RECJPMorganChase03/15/2019TAOT 1.93% MAT89238KAD438137 COMM 711,227.34 711,227.34TOYOTA AUTO RECJPMorganChase03/15/2019TAOT 1.93% MAT89238KAD438475 COMM 40,854.16 40,854.16NISSAN AUTOMERRILL LYNCH03/15/2019NALT 2.65% MAT65478DAD938475 COMM 482,426.49 482,426.49NISSAN AUTOMERRILL LYNCH03/15/2019NALT 2.65% MAT65478DAD938476 COMM 18,287.50 18,287.50JOHN DEEREROYAL BANK OF03/15/2019JDOT 2.66% MAT47788CAC638476 COMM 219,019.20 219,019.20JOHN DEEREROYAL BANK OF03/15/2019JDOT 2.66% MAT47788CAC638646 COMM 100,125.00 100,125.00American ExpressBARCLAYS CAPITAL03/15/2019AMXCA 2.67% MAT02582JHQ638646 COMM 1,040,843.49 1,040,843.49American ExpressBARCLAYS CAPITAL03/15/2019AMXCA 2.67% MAT02582JHQ638708 COMM 77,376.25 77,376.25CHASE ISSUANCEBARCLAYS CAPITAL03/15/2019CHAIT 2.1227% MAT161571HN738708 COMM 754,970.30 754,970.30CHASE ISSUANCEBARCLAYS CAPITAL03/15/2019CHAIT 2.1227% MAT161571HN738785 COMM 6,700.00 6,700.00MERCEDES-BENZBOK FINANCIAL03/15/2019MBALT 2.01% MAT58769DAE038785 COMM 93,943.67 93,943.67MERCEDES-BENZBOK FINANCIAL03/15/2019MBALT 2.01% MAT58769DAE0

Portfolio SCL2AP


54



TotalCashInterest

PrincipalPaydowns


38958 COMM 26,500.00 26,500.00TOYOTA AUTO RECJPMorganChase03/15/2019TAOT 3.18% MAT89231PAD038958 COMM 197,908.57 197,908.57TOYOTA AUTO RECJPMorganChase03/15/2019TAOT 3.18% MAT89231PAD039013 COMM 57,274.99 57,274.99HONDA AUTOJPMorganChase03/15/2019HAROT 3.16% MAT43815AAC639013 COMM 439,889.03 439,889.03HONDA AUTOJPMorganChase03/15/2019HAROT 3.16% MAT43815AAC639062 COMM 50,350.00 50,350.00BANK OF AMERICAROYAL BANK OF03/15/2019BACCT 3.% MAT05522RCZ939062 COMM 372,115.96 372,115.96BANK OF AMERICAROYAL BANK OF03/15/2019BACCT 3.% MAT05522RCZ939082 COMM 38,750.00 38,750.00BANK OF AMERICAROYAL BANK OF03/15/2019BACCT 3.1% MAT05522RDA339082 COMM 254,914.34 254,914.34BANK OF AMERICAROYAL BANK OF03/15/2019BACCT 3.1% MAT05522RDA339190 COMM 25,833.33 25,833.33MERCEDES-BENZMERRILL LYNCH03/15/2019MBALT 3.1% MAT58772TAC439190 COMM 293,921.92 293,921.92MERCEDES-BENZMERRILL LYNCH03/15/2019MBALT 3.1% MAT58772TAC439220 COMM 56,250.00 56,250.00BANK OF AMERICAMERRILL LYNCH03/15/2019BACCT 2.7% MAT05522RCY239220 COMM 484,371.36 484,371.36BANK OF AMERICAMERRILL LYNCH03/15/2019BACCT 2.7% MAT05522RCY2

Totals for 03/15/2019 454,021,083.35 436,552,274.64 1,338,489.89 -16,130,318.82

39311 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/18/2019BCREPO 2.37% MATSYS3931139312 COMM 199,987,222.24 -199,987,222.24FHLB DISCOUNTUBS FINANCE03/18/2019FHDN DISC NOTE313384DF339313 COMM 99,993,611.00 -99,993,611.00FHLB DISCOUNTMIZUHO03/18/2019FHDN DISC NOTE313384DF337548 COMM 20,000,000.00 20,000,000.00FHLB NOTESBANK OF AMERICA03/18/2019FHLB 1.4918% MAT3130AAXX137549 COMM 20,000,000.00 20,000,000.00FHLB NOTESDEUTSCHE BANK03/18/2019FHLB 1.4918% MAT3130AAXX137614 COMM 25,000,000.00 25,000,000.00FHLB NOTESJEFFERIES & CO,03/18/2019FHLB 1.4918% MAT3130AAXX139308 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/18/2019BCREPO 2.42% MATSYS3930839309 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/18/2019FHDN DISC NOTE313384DE639310 COMM 50,000,000.00 50,000,000.00FHLB DISCOUNTMIZUHO03/18/2019FHDN DISC NOTE313384DE637509 COMM 27,750.00 27,750.00FNMA NOTESINCAPITAL LLC03/18/2019FEDERAL NATL MTG3136G4MD237548 COMM 137,500.00 137,500.00FHLB NOTESBANK OF AMERICA03/18/2019FHLB 1.4918% MAT3130AAXX137549 COMM 137,500.00 137,500.00FHLB NOTESDEUTSCHE BANK03/18/2019FHLB 1.4918% MAT3130AAXX137614 COMM 171,875.00 171,875.00FHLB NOTESJEFFERIES & CO,03/18/2019FHLB 1.4918% MAT3130AAXX139308 COMM 40,333.32 40,333.32BARCLAYS CAPITALBARCLAYS CAPITAL03/18/2019BCREPO 2.42% MATSYS3930836587 COMM 570.88 570.88HONDA AUTOJPMorganChase03/18/2019HAROT 1.22% MAT43814NAC936587 COMM 541,342.94 541,342.94HONDA AUTOJPMorganChase03/18/2019HAROT 1.22% MAT43814NAC937059 COMM 6,284.50 6,284.50HONDA AUTOBARCLAYS CAPITAL03/18/2019HAROT 1.21% MAT43814RAC037059 COMM 621,164.69 621,164.69HONDA AUTOBARCLAYS CAPITAL03/18/2019HAROT 1.21% MAT43814RAC038738 COMM 30,100.00 30,100.00HONDA AUTOBARCLAYS CAPITAL03/18/2019HAROT 3.01% MAT43814UAG438738 COMM 312,958.64 312,958.64HONDA AUTOBARCLAYS CAPITAL03/18/2019HAROT 3.01% MAT43814UAG439269 COMM 22,698.95 22,698.95HONDA AUTOMERRILL LYNCH03/18/2019HAROT 2.83% MAT43814WAC939269 COMM 261,672.28 261,672.28HONDA AUTOMERRILL LYNCH03/18/2019HAROT 2.83% MAT43814WAC9

Totals for 03/18/2019 499,980,833.24 516,737,138.55 574,612.65 17,330,917.96

39320 COMM 19,999,500.00 -19,999,500.00BANK OF AMERICAMERRILL LYNCH03/19/2019BACCT 2.7% MAT05522RCY239317 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/19/2019BCREPO 2.39% MATSYS3931739315 COMM 199,987,111.12 -199,987,111.12FHLB DISCOUNTUBS FINANCE03/19/2019FHDN DISC NOTE313384DG1

Portfolio SCL2AP


55



TotalCashInterest

PrincipalPaydowns


39316 COMM 99,993,556.00 -99,993,556.00FHLB DISCOUNTMIZUHO03/19/2019FHDN DISC NOTE313384DG139319 COMM 24,671,125.00 -24,671,125.00FNMA Multi-FamilyBOK FINANCIAL03/19/2019FNMAM 2.47% MAT3138LGKH839321 COMM 1,000,000.00 -1,000,000.00UNIVERSITYUBS FINANCE03/19/2019UNIVCA 2.657% MAT91412HEX739322 COMM 665,000.00 -665,000.00UNIVERSITYUBS FINANCE03/19/2019UNIVERSITY CALIF91412HEW939311 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/19/2019BCREPO 2.37% MATSYS3931139312 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/19/2019FHDN DISC NOTE313384DF339313 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO03/19/2019FHDN DISC NOTE313384DF339311 COMM 13,166.66 13,166.66BARCLAYS CAPITALBARCLAYS CAPITAL03/19/2019BCREPO 2.37% MATSYS39311

Totals for 03/19/2019 546,316,292.12 500,000,000.00 13,166.66 -46,303,125.46

39323 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/20/2019BCREPO 2.44% MATSYS3932339327 COMM 7,498,898.25 -7,498,898.25BMW VEHICLECITIGROUP GLOBAL03/20/2019BMWLT 3.38% MAT05586VAD439324 COMM 99,993,472.00 -99,993,472.00FHLB DISCOUNTMIZUHO03/20/2019FHDN DISC NOTE313384DH939325 COMM 199,986,944.44 -199,986,944.44FHLB DISCOUNTUBS FINANCE03/20/2019FHDN DISC NOTE313384DH939326 COMM 99,993,444.44 -99,993,444.44Natixis NY BranchMERRILL LYNCH03/20/2019NATXNY DISC NOTE63873KQM237566 COMM 13,475,000.00 13,475,000.00FFCB NOTESINCAPITAL LLC03/20/2019FEDERAL FARM CR3133EHCX937574 COMM 25,000,000.00 25,000,000.00FFCB NOTESKEYBANC CAPITAL03/20/2019FEDERAL FARM CR3133EHCX939315 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/20/2019FHDN DISC NOTE313384DG139316 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO03/20/2019FHDN DISC NOTE313384DG139317 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/20/2019BCREPO 2.39% MATSYS3931737566 COMM 97,693.75 97,693.75FFCB NOTESINCAPITAL LLC03/20/2019FEDERAL FARM CR3133EHCX937574 COMM 181,250.00 181,250.00FFCB NOTESKEYBANC CAPITAL03/20/2019FEDERAL FARM CR3133EHCX938046 COMM 83,000.00 83,000.00FFCB NOTESINCAPITAL LLC03/20/2019FEDERAL FARM CR3133EHZA439317 COMM 13,277.78 13,277.78BARCLAYS CAPITALBARCLAYS CAPITAL03/20/2019BCREPO 2.39% MATSYS3931737036 COMM 111.24 111.24BMW VEHICLEMIZUHO03/20/2019BMWLT 1.43% MAT05582XAD437036 COMM 93,351.78 93,351.78BMW VEHICLEMIZUHO03/20/2019BMWLT 1.43% MAT05582XAD4

Totals for 03/20/2019 607,472,759.13 538,568,351.78 375,332.77 -68,529,074.58

39328 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/21/2019BCREPO 2.42% MATSYS3932839329 COMM 199,986,944.44 -199,986,944.44FHLB DISCOUNTUBS FINANCE03/21/2019FHDN DISC NOTE313384DJ539330 COMM 99,993,472.00 -99,993,472.00FHLB DISCOUNTBARCLAYS CAPITAL03/21/2019FHDN DISC NOTE313384DJ539331 COMM 99,993,444.44 -99,993,444.44Natixis NY BranchMERRILL LYNCH03/21/2019NATXNY DISC NOTE63873KQN039332 COMM 11,403,247.23 -11,403,247.23TOYOTA MOTORINCAPITAL LLC03/21/2019TOYO 3.4% MAT89233P5F937036 COMM 0.01 0.01BMW VEHICLEMIZUHO03/21/2019BMWLT 1.43% MAT05582XAD439323 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/21/2019BCREPO 2.44% MATSYS3932339324 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO03/21/2019FHDN DISC NOTE313384DH939325 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/21/2019FHDN DISC NOTE313384DH939326 COMM 100,000,000.00 100,000,000.00Natixis NY BranchMERRILL LYNCH03/21/2019NATXNY DISC NOTE63873KQM238570 COMM 386,793.75 386,793.75FHLB NOTESKEYBANC CAPITAL03/21/2019FEDERAL HOME3130ADUY639323 COMM 13,555.54 13,555.54BARCLAYS CAPITALBARCLAYS CAPITAL03/21/2019BCREPO 2.44% MATSYS3932337036 COMM 0.00BMW VEHICLEMIZUHO03/21/2019BMWLT 1.43% MAT05582XAD4

Portfolio SCL2AP


56



TotalCashInterest

PrincipalPaydowns


37036 COMM 0.00BMW VEHICLEMIZUHO03/21/2019BMWLT 1.43% MAT05582XAD437615 COMM 16,869.12 16,869.12HONDA AUTOBANK OF AMERICA03/21/2019HAROT 1.72% MAT43814TAC637615 COMM 851,520.35 851,520.35HONDA AUTOBANK OF AMERICA03/21/2019HAROT 1.72% MAT43814TAC6

Totals for 03/21/2019 611,377,108.11 600,851,520.36 417,218.41 -10,108,369.34

39333 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/22/2019BCREPO 2.38% MATSYS3933339336 COMM 45,000,000.00 -45,000,000.00DEXIADEXIA03/22/2019DX 2.55% MAT25215FES939334 COMM 199,960,833.32 -199,960,833.32FHLB DISCOUNTUBS FINANCE03/22/2019FHDN DISC NOTE313384DM839335 COMM 99,980,417.00 -99,980,417.00FHLB DISCOUNTMIZUHO03/22/2019FHDN DISC NOTE313384DM839328 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/22/2019BCREPO 2.42% MATSYS3932839329 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/22/2019FHDN DISC NOTE313384DJ539330 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTBARCLAYS CAPITAL03/22/2019FHDN DISC NOTE313384DJ539331 COMM 100,000,000.00 100,000,000.00Natixis NY BranchMERRILL LYNCH03/22/2019NATXNY DISC NOTE63873KQN039328 COMM 13,444.46 13,444.46BARCLAYS CAPITALBARCLAYS CAPITAL03/22/2019BCREPO 2.42% MATSYS39328

Totals for 03/22/2019 544,941,250.32 600,000,000.00 13,444.46 55,072,194.14

39337 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/25/2019BCREPO 2.36% MATSYS3933739341 COMM 25,000,000.00 -25,000,000.00FARMER MACMIZUHO03/25/2019FAMCA 2.61% MAT31422BDZ039340 COMM 12,055,482.75 -12,055,482.75FFCB NOTESBREAN CAPITAL LLC03/25/2019FEDERAL FARM CR3133EKDR439338 COMM 199,986,944.44 -199,986,944.44FHLB DISCOUNTUBS FINANCE03/25/2019FHDN DISC NOTE313384DN639339 COMM 99,993,472.00 -99,993,472.00FHLB DISCOUNTMIZUHO03/25/2019FHDN DISC NOTE313384DN639333 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/25/2019BCREPO 2.38% MATSYS3933339334 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/25/2019FHDN DISC NOTE313384DM839335 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO03/25/2019FHDN DISC NOTE313384DM836966 COMM 103,125.00 103,125.00JPMORGANJPMorganChase03/25/2019JPMCC 1.65% MAT48125LRG937344 COMM 85,000.00 85,000.00FHLMC NOTESINCAPITAL LLC03/25/2019FEDERAL HOME LN3134G3K9038855 COMM 225,000.00 225,000.00FHLB NOTESINCAPITAL LLC03/25/2019FEDERAL HOME3130AEXG039333 COMM 39,666.65 39,666.65BARCLAYS CAPITALBARCLAYS CAPITAL03/25/2019BCREPO 2.38% MATSYS3933336893 COMM 3,303.90 3,303.90BMW VEHICLEJPMorganChase03/25/2019BMWOT 1.16% MAT05582QAD936893 COMM 486,424.66 486,424.66BMW VEHICLEJPMorganChase03/25/2019BMWOT 1.16% MAT05582QAD938387 COMM 44,700.00 44,700.00FHLMC Multi-FamilyBREAN CAPITAL LLC03/25/2019FHLMCM 2.682%3137AYCE938387 COMM 527,760.68 527,760.68FHLMC Multi-FamilyBREAN CAPITAL LLC03/25/2019FHLMCM 2.682%3137AYCE938391 COMM 16,762.50 16,762.50FHLMC Multi-FamilyBREAN CAPITAL LLC03/25/2019FHLMCM 2.682%3137AYCE938391 COMM 0.00FHLMC Multi-FamilyBREAN CAPITAL LLC03/25/2019FHLMCM 2.682%3137AYCE938412 COMM 62,666.66 62,666.66BMW VEHICLEJPMorganChase03/25/2019BMWOT 2.35% MAT09659QAD938412 COMM 885,698.57 885,698.57BMW VEHICLEJPMorganChase03/25/2019BMWOT 2.35% MAT09659QAD938465 COMM 10,727.55 10,727.55FHLMC Multi-FamilyBREAN CAPITAL LLC03/25/2019FHLMCM 2.307%3137AWQH138465 COMM 149,391.51 149,391.51FHLMC Multi-FamilyBREAN CAPITAL LLC03/25/2019FHLMCM 2.307%3137AWQH138477 COMM 7,005.10 7,005.10FNMA Multi-FamilyBOK FINANCIAL03/25/2019FHLMCM 2.55% MAT3138LAYM538477 COMM 6,761.55 6,761.55FNMA Multi-FamilyBOK FINANCIAL03/25/2019FHLMCM 2.55% MAT3138LAYM538643 COMM 55,333.34 55,333.34FHLMC Multi-FamilyBARCLAYS CAPITAL03/25/2019FHLMCM 3.32% MAT3137B36J2

Portfolio SCL2AP


57



TotalCashInterest

PrincipalPaydowns


38643 COMM 490,914.35 490,914.35FHLMC Multi-FamilyBARCLAYS CAPITAL03/25/2019FHLMCM 3.32% MAT3137B36J238664 COMM 10,660.85 10,660.85FNMA Multi-FamilyVINING SPARKS IBG03/25/2019FNMAM 3.56% MAT3136B1XP438664 COMM 70,215.48 70,215.48FNMA Multi-FamilyVINING SPARKS IBG03/25/2019FNMAM 3.56% MAT3136B1XP438665 COMM 10,660.85 10,660.85FNMA Multi-FamilyJPMorganChase03/25/2019FNMAM 3.56% MAT3136B1XP438665 COMM 70,215.48 70,215.48FNMA Multi-FamilyJPMorganChase03/25/2019FNMAM 3.56% MAT3136B1XP438666 COMM 26,250.07 26,250.07FHLMC Multi-FamilyBREAN CAPITAL LLC03/25/2019FHLMCM 2.682%3137AYCE938666 COMM 0.00FHLMC Multi-FamilyBREAN CAPITAL LLC03/25/2019FHLMCM 2.682%3137AYCE938744 COMM 44,700.00 44,700.00FHLMC Multi-FamilyBREAN CAPITAL LLC03/25/2019FHLMCM 2.682%3137AYCE938744 COMM 0.00FHLMC Multi-FamilyBREAN CAPITAL LLC03/25/2019FHLMCM 2.682%3137AYCE938854 COMM 12,176.25 12,176.25FHLMC Multi-FamilyBREAN CAPITAL LLC03/25/2019FHLMCM 3.06% MAT3137B4WB838854 COMM 106,573.04 106,573.04FHLMC Multi-FamilyBREAN CAPITAL LLC03/25/2019FHLMCM 3.06% MAT3137B4WB838864 COMM 29,425.00 29,425.00FHLMC Multi-FamilyINCAPITAL LLC03/25/2019FHLMCM 3.531%3137B5JM638864 COMM 224,697.40 224,697.40FHLMC Multi-FamilyINCAPITAL LLC03/25/2019FHLMCM 3.531%3137B5JM638884 COMM 8,790.49 8,790.49FNMA Multi-FamilyBOK FINANCIAL03/25/2019FNMAM 3.27% MAT31381N7G238884 COMM 7,465.49 7,465.49FNMA Multi-FamilyBOK FINANCIAL03/25/2019FNMAM 3.27% MAT31381N7G238945 COMM 28,723.99 28,723.99FHLMC Multi-FamilyINCAPITAL LLC03/25/2019FHLMC REMIC3137B3NA238945 COMM 247,752.94 247,752.94FHLMC Multi-FamilyINCAPITAL LLC03/25/2019FHLMC REMIC3137B3NA239026 COMM 28,816.67 28,816.67FHLMC Multi-FamilyINCAPITAL LLC03/25/2019FHLMC SERIES3137B5KW239026 COMM 211,297.99 211,297.99FHLMC Multi-FamilyINCAPITAL LLC03/25/2019FHLMC SERIES3137B5KW239093 COMM 42,525.00 42,525.00FHLMC Multi-FamilyBOK FINANCIAL03/25/2019FHLMCM 2.52688%3137FBUV639093 COMM 1,207,023.13 1,207,023.13FHLMC Multi-FamilyBOK FINANCIAL03/25/2019FHLMCM 2.52688%3137FBUV639150 COMM 64,302.93 64,302.93FNMA Multi-FamilyBOK FINANCIAL03/25/2019FNMAM 2.75% MAT31381TYT139150 COMM 70,470.39 70,470.39FNMA Multi-FamilyBOK FINANCIAL03/25/2019FNMAM 2.75% MAT31381TYT139158 COMM 43,495.54 43,495.54FNMA Multi-FamilyKEYBANC CAPITAL03/25/2019FNMAM 3.84% MAT31381RZ2339158 COMM 31,682.97 31,682.97FNMA Multi-FamilyKEYBANC CAPITAL03/25/2019FNMAM 3.84% MAT31381RZ2339218 COMM 35,561.14 35,561.14FNMA Multi-FamilyBOK FINANCIAL03/25/2019FNMAM 3.84% MAT31381RLL639218 COMM 23,955.88 23,955.88FNMA Multi-FamilyBOK FINANCIAL03/25/2019FNMAM 3.84% MAT31381RLL639218 COMM -7,620.24 -7,620.24FNMA Multi-FamilyBOK FINANCIAL03/25/2019FNMAM 3.84% MAT31381RLL639218 COMM 0.00FNMA Multi-FamilyBOK FINANCIAL03/25/2019FNMAM 3.84% MAT31381RLL639219 COMM 5,935.97 5,935.97FNMA Multi-FamilyBOK FINANCIAL03/25/2019FNMAM 3.84% MAT31381RLL639219 COMM 3,998.79 3,998.79FNMA Multi-FamilyBOK FINANCIAL03/25/2019FNMAM 3.84% MAT31381RLL639219 COMM -1,271.99 -1,271.99FNMA Multi-FamilyBOK FINANCIAL03/25/2019FNMAM 3.84% MAT31381RLL639219 COMM 0.00FNMA Multi-FamilyBOK FINANCIAL03/25/2019FNMAM 3.84% MAT31381RLL639295 COMM -19,612.50 -19,612.50FHLMC Multi-FamilyJPMorganChase03/25/2019FHLMCM 2.615%3137B04Y739295 COMM 0.00FHLMC Multi-FamilyJPMorganChase03/25/2019FHLMCM 2.615%3137B04Y7

Totals for 03/25/2019 537,035,899.19 504,822,300.30 1,016,810.72 -31,196,788.17

39344 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/26/2019BCREPO 2.37% MATSYS3934439343 COMM 199,986,944.44 -199,986,944.44FHLB DISCOUNTUBS FINANCE03/26/2019FHDN DISC NOTE313384DP139345 COMM 99,993,472.00 -99,993,472.00FHLB DISCOUNTMIZUHO03/26/2019FHDN DISC NOTE313384DP139342 COMM 23,108,215.00 -23,108,215.00FHLMC Multi-FamilyBOK FINANCIAL03/26/2019FHLMCM 2.272%3137BQR90

Portfolio SCL2AP


58



TotalCashInterest

PrincipalPaydowns


39337 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/26/2019BCREPO 2.36% MATSYS3933739338 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/26/2019FHDN DISC NOTE313384DN639339 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO03/26/2019FHDN DISC NOTE313384DN639151 COMM 268,750.00 268,750.00FHLB NOTESBREAN CAPITAL LLC03/26/2019FEDERAL HOME3130ACF6639151 COMM 162,743.06 -162,743.06 0.00FHLB NOTESBREAN CAPITAL LLC03/26/2019FEDERAL HOME3130ACF6639337 COMM 13,111.11 13,111.11BARCLAYS CAPITALBARCLAYS CAPITAL03/26/2019BCREPO 2.36% MATSYS39337

Totals for 03/26/2019 523,088,631.44 500,162,743.06 119,118.05 -22,806,770.33

39346 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/27/2019BCREPO 2.37% MATSYS3934639351 COMM 45,000,000.00 -45,000,000.00BANK OF NOVAJPMorganChase03/27/2019BNSHOU 2.58% MAT06417G5U839347 COMM 199,987,000.00 -199,987,000.00FHLB DISCOUNTUBS FINANCE03/27/2019FHDN DISC NOTE313384DQ939348 COMM 99,993,500.00 -99,993,500.00FHLB DISCOUNTMIZUHO03/27/2019FHDN DISC NOTE313384DQ939349 COMM 49,571,555.56 -49,571,555.56FHLB DISCOUNTMIZUHO03/27/2019FHDN DISC NOTE313384JX839350 COMM 24,762,347.22 -24,762,347.22FHLB DISCOUNTMIZUHO03/27/2019FHDN DISC NOTE313384KM039353 COMM 15,000,000.00 -15,000,000.00FHLMC NOTESINCAPITAL LLC03/27/2019FEDERAL HOME LN3134GS6T739354 COMM 30,000,000.00 -30,000,000.00FHLMC NOTESINCAPITAL LLC03/27/2019FEDERAL HOME LN3134GS6F739352 COMM 24,986,694.44 -24,986,694.44FARMER MACMIZUHO03/27/2019FRMDN DISC NOTE31315KDX539355 COMM 20,101,200.00 -20,101,200.00MICROSOFT CORPINCAPITAL LLC03/27/2019MICROSOFT CORP,594918BW339343 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/27/2019FHDN DISC NOTE313384DP139344 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/27/2019BCREPO 2.37% MATSYS3934439345 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO03/27/2019FHDN DISC NOTE313384DP137103 COMM 177,000.00 177,000.00FNMA NOTESINCAPITAL LLC03/27/2019FEDERAL NATL MTG3135G0Q3037305 COMM 193,750.00 193,750.00FFCB NOTESKEYBANC CAPITAL03/27/2019FEDERAL FARM CR3133EG2D638545 COMM 118,750.00 118,750.00FFCB NOTESINCAPITAL LLC03/27/2019FEDERAL FARM CR3133EJHL639344 COMM 13,166.68 13,166.68BARCLAYS CAPITALBARCLAYS CAPITAL03/27/2019BCREPO 2.37% MATSYS39344

Totals for 03/27/2019 709,402,297.22 500,000,000.00 502,666.68 -208,899,630.54

39356 COMM 200,000,000.00 -200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/28/2019BCREPO 2.42% MATSYS3935639357 COMM 19,986,200.00 -19,986,200.00FFCB NOTESINCAPITAL LLC03/28/2019FEDERAL FARM CR3133EKEW239359 COMM 199,987,055.56 -199,987,055.56FHLB DISCOUNTUBS FINANCE03/28/2019FHDN DISC NOTE313384DR739358 COMM 20,025,722.22 -20,025,722.22FHLB NOTESKEYBANC CAPITAL03/28/2019FEDERAL HOME3130AG2H739346 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/28/2019BCREPO 2.37% MATSYS3934639347 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/28/2019FHDN DISC NOTE313384DQ939348 COMM 100,000,000.00 100,000,000.00FHLB DISCOUNTMIZUHO03/28/2019FHDN DISC NOTE313384DQ938033 COMM 151,250.00 151,250.00FHLB NOTESBARCLAYS CAPITAL03/28/2019FEDERAL HOME3130ACE2638055 COMM 48,000.00 48,000.00FHLMC NOTESINCAPITAL LLC03/28/2019FEDERAL HOME LN3134GBF6439346 COMM 13,166.67 13,166.67BARCLAYS CAPITALBARCLAYS CAPITAL03/28/2019BCREPO 2.37% MATSYS39346

Totals for 03/28/2019 439,998,977.78 500,000,000.00 212,416.67 60,213,438.89

39360 COMM 199,962,500.00 -199,962,500.00FHLB DISCOUNTUBS FINANCE03/29/2019FHDN DISC NOTE313384DU039362 COMM 14,339,424.69 -14,339,424.69FHLB NOTESDaiwa Capital Market03/29/2019FEDERAL HOME3130AB3H739361 COMM 20,141,866.67 -20,141,866.67MICROSOFT CORPINCAPITAL LLC03/29/2019MICROSOFT CORP,594918BW3

Portfolio SCL2AP


59



TotalCashInterest

PrincipalPaydowns


36641 COMM 20,000,000.00 20,000,000.00FHLB NOTESINCAPITAL LLC03/29/2019FEDERAL HOME3130A7HM036644 COMM 7,000,000.00 7,000,000.00FHLMC NOTESINCAPITAL LLC03/29/2019FHLMC 1.22% MAT3134G8TV138496 COMM 20,000,000.00 20,000,000.00FHLMC NOTESINCAPITAL LLC03/29/2019FHLMC 2.7% MAT3134GSGS839356 COMM 200,000,000.00 200,000,000.00BARCLAYS CAPITALBARCLAYS CAPITAL03/29/2019BCREPO 2.42% MATSYS3935639359 COMM 200,000,000.00 200,000,000.00FHLB DISCOUNTUBS FINANCE03/29/2019FHDN DISC NOTE313384DR736641 COMM 125,000.00 125,000.00FHLB NOTESINCAPITAL LLC03/29/2019FEDERAL HOME3130A7HM036644 COMM 42,700.00 42,700.00FHLMC NOTESINCAPITAL LLC03/29/2019FHLMC 1.22% MAT3134G8TV137018 COMM 64,000.00 64,000.00FFCB NOTESINCAPITAL LLC03/29/2019FEDERAL FARM CR3133EGWH437518 COMM 250,000.00 250,000.00FHLMC NOTESINCAPITAL LLC03/29/2019FEDERAL HOME LN3134GBBM338057 COMM 121,875.00 121,875.00FHLMC NOTESKEYBANC CAPITAL03/29/2019FEDERAL HOME LN3137EAEJ438496 COMM 270,000.00 270,000.00FHLMC NOTESINCAPITAL LLC03/29/2019FHLMC 2.7% MAT3134GSGS839356 COMM 13,444.46 13,444.46BARCLAYS CAPITALBARCLAYS CAPITAL03/29/2019BCREPO 2.42% MATSYS39356

Totals for 03/29/2019 234,443,791.36 447,000,000.00 887,019.46 213,443,228.10

36648 COMM 150,000.00 150,000.00FHLMC NOTESINCAPITAL LLC04/01/2019FEDERAL HOME LN3134G8S8336649 COMM 135,000.00 135,000.00FHLMC NOTESINCAPITAL LLC04/01/2019FEDERAL HOME LN3134G8PD536650 COMM 25,076.25 25,076.25FHLMC NOTESINCAPITAL LLC04/01/2019FEDERAL HOME LN3134G8PD536651 COMM 43,031.25 43,031.25FHLMC NOTESINCAPITAL LLC04/01/2019FEDERAL HOME LN3134G8PD536653 COMM 137,600.00 137,600.00INTL BANK RECON &MERRILL LYNCH04/01/2019IBRD 1.375% MAT459058FA636654 COMM 84,375.00 84,375.00FHLMC NOTESSUNTRUST04/01/2019FEDERAL HOME LN3134G8PD536880 COMM 46,875.00 46,875.00FNMA NOTESINCAPITAL LLC04/01/2019FEDERAL NATL MTG3136G3SY237017 COMM 145,000.00 145,000.00FNMA NOTESBREAN CAPITAL LLC04/01/2019FEDERAL NATL MTG3136G4BV4

Totals for 04/01/2019 766,957.50 766,957.50

Grand Total 28,015,098,599. 28,956,901,891. 32,300,782.04 974,104,074.60

Portfolio SCL2AP


60

WEST VALLEY SANITATION DISTRICTCONSOLIDATED EXPENSE STATEMENT BUDGET REPORTTEN MONTHS ENDED APRIL, 2019 YR TO DATE BUDGETPERCENT OF YEAR EXPIRED, 83 UNDER LESS MODIFIED YEAR TO DATE % (OVER) EXP.EXPENSES BUDGET EXPENDED EXPENDED BUDGET %

SALARIES AND EMPLOYEE BENEFITS SALARIES $3,524,725 $2,687,096 76% $837,629 24% BENEFITS 1,628,721 1,230,346 76% 398,375 24%

TOTAL SALARIES & BENEFITS 5,153,446 3,917,442 76% 1,236,004 24%

OPERATING EXPENSES DIRECTORS' FEES 11,800 6,450 55% 5,350 45% GASOLINE, OIL & FUEL 65,000 46,058 71% 18,942 29% INSURANCE 275,000 173,438 63% 101,562 37% MEMBERSHIPS 37,350 32,840 88% 4,510 12% OFFICE EXPENSE 46,350 22,337 48% 24,013 52% INFORMATION SERVICES 301,000 195,305 65% 105,695 35% CONTRACTUAL SERVICES 323,532 305,316 94% 18,216 6% TREATMENT PLANT 9,976,000 9,437,668 95% 538,332 5% PROFESSIONAL SERVICES 979,025 261,725 27% 717,300 73% PRINTING & PUBLICATIONS 17,950 2,061 11% 15,889 89% RENTS & LEASES 15,000 7,033 47% 7,967 53% REPAIRS & MAINTENANCE 372,250 191,262 51% 180,988 49% PROFESSIONAL DEVELOPMENT 103,750 35,260 34% 68,490 66% UTILITIES 138,500 107,006 77% 31,494 23% OTHER 41,350 28,123 68% 13,227 32% REVENUE BOND DEBT SERVICE 595,133 594,112 100% 1,021 0% DEBT COST OF ISSUANCE 225,000 0 0% 225,000 100%

TOTAL OPERATING EXPENSES 13,523,990 11,445,994 85% 2,077,996 15%

GENERAL FIXED ASSETS 866,000 528,550 61% 337,450 39% SUBSURFACE LINES & MISC. CONSTRUCTION PROJ. 5,568,000 3,712,882 67% 1,855,118 33% SEPTIC SYSTEM ABANDONMENT PROGRAM 684,000 8,355 1% 675,645 99% TREATMENT PLANT & JOINT LINES 11,113,700 6,881,364 62% 4,232,336 38%

TOTAL CAPITAL OUTLAY 18,231,700 11,131,151 61% 7,100,549 39%

TOTAL EXPENDITURES $36,909,136 $26,494,587 72% $10,414,549 28%

AGENDA ITEM NO. ____8____ 06/12/19

WEST VALLEY SANITATION DISTRICTCONSOLIDATED INCOME STATEMENT BUDGET REPORTTEN MONTHS ENDED APRIL, 2019 YR TO DATE RCD.PERCENT OF YEAR EXPIRED, 83 (UNDER) LESS MODIFIED YEAR TO DATE % OVER BUDGETINCOME BUDGET RECEIVED RECEIVED BUDGET %

OPERATING INCOME SEWER SERVICE CHARGES-TAX ROLL $25,871,807 $14,986,478 58% ($10,885,329) -42% SEWER SERVICE CHARGES-OTHER 1,293,923 1,264,488 98% (29,435) -2% CONNECTION FEES 1,475,200 361,101 24% (1,114,099) -76% PERMIT & INSPECTION FEES 320,000 208,796 65% (111,204) -35% LABOR AND OVERHEAD BILLED 1,000 0 0% (1,000) -100% PLAN CHECKING FEES 4,000 3,364 84% (636) -16% TREATMENT PLANT CAPACITY FEES 510,637 97,097 19% (413,540) -81% STORM CLEANING FEES 0 0 0% 0 -100% STORM FUND ADMINISTRATIVE FEE 7,618 4,398 58% (3,220) -42% HILLSIDE FEE COLLECTED 157,000 93,835 60% (63,165) -40%

TOTAL OPERATING INCOME 29,641,185 17,019,557 57% (12,621,628) -43%

NON-OPERATING INCOME INTEREST - COUNTY 334,968 387,418 116% 52,450 16% SEWER REPLACEMENT & EXTENSION FINANCING - P&I 48,019 26,382 55% (21,637) -45% RETURN OF O&M AND CAPITAL FROM CSJ 0 2,575,233 100% 2,575,233 0% OTHER NON-OPERATING REVENUE 15,000 73,679 491% 58,679 391%

TOTAL NON-OPERATING REVENUE 397,987 3,062,712 770% 2,664,725 670%

TOTAL INCOME 30,039,172 20,082,269 67% (9,956,903) -33%

TOTAL EXPENDITURES 36,909,136 26,494,587 72% (10,414,549) -28%

NET INCOME (EXPENDITURES) (6,869,964) (6,412,318) 457,646$ CASH BALANCE JUNE 30, 2018 36,162,318 36,162,318 CASH BALANCE - HILLSIDE 942,904 DECREASE (INCREASE) IN ACCOUNTS RECEIVABLE 153,066 CHANGE IN DUE TO (FROM) OTHER FUNDS (106,227) CHANGE IN DUE TO/FROM OTHER ORGANIZATIONS (63,465)

CASH BALANCE APR 30, 2019 29,292,354$ 30,676,278$

36543 5/17/2019 Void Void 0.00

36558 5/17/2019 The Goodyear Tire & Rubber Company Tires and Tire Repairs 391.24

WVSD GL - Board Approval - Payments Wednesday, June 5, 2019 Page 1 of 3

36556 5/17/2019 Spartan Tool LLC Sewer Cleaning Equipment 2,971.60

36557 5/17/2019 Ted Cooper Industries Gardening Services 450.88

36554 5/17/2019 Shape Inc. Pump Rebuild - LG Pump Stations 9,829.22

36555 5/17/2019 Skip's Tire and Auto Centers Tires 1,372.41

36552 5/17/2019 Royal Brass, Inc. Vehicle Parts 87.19

36553 5/17/2019 San Jose Water Co. Buildings and Grounds 577.22

36550 5/17/2019 Pump Repair Service Co Inc. Santa Rosa Pump Station 12,720.00

36551 5/17/2019 R. V. Cloud Company Parts 116.78

36548 5/17/2019 Owen Equipment Sales Vehicle Parts 4,180.61

36549 5/17/2019 PG&E Office Utilities 106.77

36546 5/17/2019 Meyers, Nave, Riback, Silver & Wilson Legal and Litigation Services 8,452.60

36547 5/17/2019 Mission Valley Ford Truck Sales Inc. Vehicle Parts and Supplies 16.44

36544 5/17/2019 Los Gatos Hardware Hardware and Supplies 86.18

36545 5/17/2019 Metro Mobile Communications Radio Maintenance/Repair 412.62

36541 5/17/2019 Federal Express Corporation Shipping 13.20

36542 5/17/2019 Winchester Auto Vehicle Parts and Supplies 1,246.25

36539 5/17/2019 DATCO Services Corp Employee Drug Testing 54.50

36540 5/17/2019 DKF Solutions Group LLC Safety Management and Training 1,655.25

36537 5/17/2019 CWEA - Technical Certification Grade Certification Renewal 170.00


36535 5/17/2019 City of Saratoga District Manhole Adjustment 15,200.00

36536 5/17/2019 Cupertino Sanitary District Common Interest Group Cost Sharing 32,421.89

36533 5/17/2019 Home Depot Credit Services Hardware and Supplies 103.29

36534 5/17/2019 City of San Jose Encroachment Permit Fee 1,082.00

36531 5/17/2019 Verizon Wireless Cell Phone Service 533.58

36532 5/17/2019 Cintas Corporation Protective Clothing 1,429.28

36529 5/17/2019 Alliant Insurance Services Inc. District Insurance 438.00

36530 5/17/2019 California Dept. of Tax and Fee Use Tax Return 10.25

36527 5/10/2019 Union Bank, NA Annual Administration Fee 1,377.00

36528 5/17/2019 Able Construction Group Inc. Sanitary Sewer Repair Contract 123,262.97

36525 5/10/2019 San Jose Water Co. Fire Service 141.72

36526 5/10/2019 San Jose Water Co. Water for Sewer Cleaning 2,538.79

Agenda Payments for Board ApprovalBoard Date: 06/12/19

Agenda Item No. 9

Payment Amount

Check No Pay Date Vendor Payment Description

36599 5/31/2019 Standard Insurance Company Employee Supplemental Life Insurance 732.25


36597 5/31/2019 SAK Construction, LLC University Ave ACP Sewer Rehab 216,339.70

36598 5/31/2019 Standard Insurance Company Employee Life & LTD Insurance 1,533.34

36595 5/31/2019 PG&E Los Gatos Pump Stations 108.25

36596 5/31/2019 Professional Cleaning Systems, Inc. Janitorial Services 1,859.00

36593 5/31/2019 Owen Equipment Sales Vehicle Parts 167.35

36594 5/31/2019 Owen Equipment Sales Vehicle Parts 1,858.21

36591 5/31/2019 Sensitive Solutions District Grounds Pest Control 250.00

36592 5/31/2019 Mission Valley Ford Truck Sales Inc. Vehicle Parts and Supplies 52.46

36589 5/31/2019 Kaiser Foundation Health Plan Inc. Retiree Medical Insurance 804.24

36590 5/31/2019 Sensitive Solutions District Grounds Pest Control 810.00

36587 5/31/2019 Kaiser Foundation Health Plan Inc. Retiree Medical Insurance 6,719.75

36588 5/31/2019 Kaiser Foundation Health Plan Inc. Employee Medical Insurance 21,232.10

36585 5/31/2019 Health Net of California Inc. Retiree Medical Insurance 2,470.98

36586 5/31/2019 Health Net of California Inc. Employee Medical Insurance 11,682.04

36583 5/31/2019 Environmental Products & Accessories HVC Reel Parts 1,875.76

36584 5/31/2019 Federal Express Corporation Shipping 39.04

36581 5/31/2019 Delta Dental of California Employee Dental Insurance 2,939.75

36582 5/31/2019 Delta Dental of California Retiree Dental Insurance 235.18



36577 5/31/2019 Campbell Express Public Notice 96.00

36578 5/31/2019 Symmetry Sports Therapy Health/Fitness Seminars 760.00

36575 5/31/2019 Brown & Caldwell Sky Oaks Way Sewer Extension 20,081.38

36576 5/31/2019 Bay Area News Group Subscription 48.65

36573 5/31/2019 Bay Area Air Quality Mgmt Dist. Permit Renewal Fee 228.00

36574 5/31/2019 Brown & Caldwell University Ave Trunk Sewer Phase 2 30,378.49

36571 5/31/2019 Business Card Misc. Conf. and Office Expense 4,498.39

36572 5/31/2019 Bartle Wells Assoc. Management Consulting 2,459.00


36570 5/31/2019 American Valley Waste Oil Inc. Waste Oil Disposal 95.00

36567 5/23/2019 Carpenters Local 2236 Union Dues: payroll 4/22-5/19/19 708.00


36565 5/21/2019 PG&E Office Utilities 1,397.71

36566 5/21/2019 TPx Communications Office Telephones 711.00

36563 5/17/2019 WECO Industries LLC CCTV Equipment 3,469.64

36564 5/17/2019 West Valley Collection & Recycling Trash Disposal 163.32

36561 5/17/2019 V & A Consulting Engineers Flow Monitoring FY 18/19 9,650.00

36562 5/17/2019 Grainger Parts and Tools 59.38

36559 5/17/2019 TIAA Commercial Finance, Inc. Copy Machine Lease 593.23

36560 5/17/2019 Western States Oil Gasoline & Diesel Fuel 4,119.99

Payment Amount



DFT060219-3 6/6/2019 West Valley Sanitation District Employee Contrib: payroll 5/20-6/2/19 40.50

98 Checks Total Amount to Approve: 877,504.07

DFT060219-1 6/6/2019 CalPERS Retirement: payroll 5/20-6/2/19 20,473.84

DFT060219-2 6/6/2019 MassMutual Retirement Services Def Comp: payroll 5/20-6/2/19 13,949.94

DFT053119-2 5/31/2019 Business Card Bank Fee 190.49

DFT053119-3 5/10/2019 Business Card Cashier's Check Fee 20.00


DFT053119-1 5/31/2019 ADP, LLC ADP Processing Fee 1,685.15




DFT051019-1 5/10/2019 City of San Jose Project Surety Deposit 2,000.00



36608 6/5/2019 San Jose Water Co. Water for Sewer Cleaning 2,091.61

36609 6/5/2019 San Jose Water Co. Fire Service 141.72

36606 5/31/2019 Grainger Parts and Tools 233.13

36607 5/31/2019 WECO Industries LLC CCTV Equipment 1,643.54

36604 5/31/2019 Vision Service Plan Retiree Vision Insurance 12.51

36605 5/31/2019 Vision Service Plan Employee Vision Insurance 541.11

36602 5/31/2019 Town of Los Gatos Encroachment Permit 8,168.16

36603 5/31/2019 US Healthworks Medical Group, PC Inoculation 242.00

36600 5/31/2019 Western States Oil Gasoline & Diesel Fuel 3,622.11

36601 5/31/2019 Town of Los Gatos Encroachment Permit 1,610.52

Payment Amount


Operations Department SIP Goals Page 1 of 4 May 31, 2019

West Valley Sanitation District

Operations Department Service Improvement Plan Objectives

Completed During Fiscal Year 2018-2019 The Operations Department is responsible for the completion of the Service Improvement Plan (SIP), which focuses on achievement of objectives within four performance areas including Operational Efficiency, Operational Effectiveness, District Safety, and Special SSO Recognition. The four performance areas, measurement parameters, and incentive levels for these SIP Objectives are summarized below followed by measurement details in the remainder of this document.

I. Operational Efficiency a) Main Line Cleaning Goal = 1,700,000 lf main lines cleaned b) Lateral Cleaning Goal = 1,500 laterals cleaned c) Main Line CCTV Goal = 315,000 lf main lines CCTV’d d) Lateral CCTV Goal = 1,000 laterals CCTV’d

II. Operational Effectiveness

a) SSO Response Goal = ≤30m workday, ≤60m after hrs b) SSO Documentation Goal = Complete/compliant documents c) Preventable SSOs Goal = Zero Preventable SSOs

III. District-Wide Safety

a) District Wide Safety Goal = Zero Lost Time/Restricted Duty IV. Special SSO Recognition

a) Zero SSOs Goal = Zero SSO Events (Cat 1, 2 & 3)

Overall Operational SIP Accomplishment = 69.5%


SIP Objectives and Incentive Levels

I. OPERATIONAL EFFICIENCY 1. Main Lines Cleaned Goal: 1,700,000 lf/year Actual: 1,437,685lf (84.6%) 2. Laterals Cleaned Goal: 1,500 laterals/year Actual: 1,431 laterals (95.4%)

3. Main Line CCTV Goal: 315,000 lf/year

Actual: 224,823 lf (71.4%) 4. Lateral CCTV Goal: 1,000 laterals/year

Actual: 650 laterals (65.0%)

II. OPERATIONAL EFFECTIVENESS 1. SSO Response Goal: Perform proper SSO response Achieve avg workday response ≤30m Actual: 24 min < 30 min (100%)

Achieve avg afterhours response ≤60m

Actual: 24 min < 30 min (100%)

Complete SSO documentation Actual: Complete (100% )

Deductions: Inadequate/timely photos Actual: None

Inadequate spill measurements

Actual: 1

Missing/untimely creek samples Actual: None

Total Efficiency = 77.9%

Total Response = 98.3%


2. Preventable SSOs Goal: Preventable Sanitary Sewer Overflows

Zero Preventable Category 1 SSOs Actual: 0

Zero Preventable Category 2 SSOs Actual: 0 Zero Preventable Category 3 SSOs Actual: 2)

Total Preventable = 82.5%

III. DISTRICT-WIDE SAFETY 1. Group Safety Goal: Zero Accidents

Achieve Zero Loss Time Accidents Actual: 1

Achieve Zero Restrictive Duty Accidents/year Actual: 0 Achieve Zero Loss Time & Restrictive Duty Actual: 1

IV. SPECIAL SSO RECOGNITION 1. Zero SSOs Goal: Zero Sanitary Sewer Overflows

Achieving zero Category 1 SSO Actual: 3



Total Effectiveness = 92.0%

Total Group Safety = 16.0%


Total Special Recognition = 0.0%

Summary of Accomplishments Total Operational Efficiency Accomplished = 77.9% Total Operational Effectiveness Accomplished = 92.0% Total Safety Achieved = 16.0% Total Special SSO Recognition Achieved = 00.0% Overall SIP Accomplishment = 69.7%

1

Summary of District Goals and Accomplishments FY 2018-2019

The District’s 5-Year Strategic Plan was first adopted by the Board on September 5, 2013 and updated in April 2018 for the following 5-Years. The updated Strategic Plan restates the District’s Mission, Vision and Goals and is presented along with the specific objectives set for the Fiscal Year 2018-2019 (1st year of the Updated Strategic Plan). The accomplishments shown below are categorized by the Goals and Objectives and are identified under the specific Action Items of the Strategic Plan. District Mission:

“To protect public health and the environment for the communities it serves through the safe, reliable, and cost-effective collection and conveyance of wastewater for treatment at the San Jose-Santa Clara Regional Wastewater Facility”

District Vision:

“To be an industry leader in the greater Bay Area by providing our customers with high-quality and value added services”

District Goals:

A Business and Financial Management Provide cost-effective, financially sustainable, and quality services through improved business and work processes.

B Sewer System Management Ensure uninterrupted collection and conveyance of wastewater through effective and efficient operation, maintenance, and management of the District’s wastewater collection system.

C Communication and Customer Service Continuously improve the District’s understanding and responsiveness to its customers and employees through increased collaboration and communication.

D Work Environment Provide a safe and supportive work environment to increase morale and to address the challenges of a changing workforce by retaining, attracting, and motivating high quality and high performing staff.

2

GOAL A Business and Financial Management OBJECTIVE A.2 ENSURE ALL FISCAL PROGRAM ELEMENTS AND PROCESSES

ARE TRANSPARENT, SUSTAINABLE, AND FISCALLY SOUND. ACTION ITEM A.2.1 Fulfill qualification requirements to renew the District's Transparency Certification of Excellence with the Special District Leadership Foundation. STATUS: (100% Completed) The District received its Transparency Certificate of Excellence in February 2015 and 2017. The California Special District’s Association Transparency Certificate of Excellence certification establishes recognition for a two-year term. In order to renew the certificate, and achieve this goal, the District must demonstrate the completion of eight essential governance transparency requirements including properly conducting open public meetings, adopting the public records act request policy and procedures, disclosing of board and employee reimbursements, filing financial transactions and compensation reports to the State Controller in a timely manner, and conduct audits as required by law. In addition, the District continues to fulfill nineteen website requirements including link to board agendas on home page, board meeting schedule, past minutes, current District budget, map of District service area, downloadable public records request form, and the most recent financial audit. Finally, the District must demonstrate outreach to its constituents that engage the public in its governance, through community notifications announcing board appointment deadlines and annual public budget hearings. The District was awarded the certificate in February 2019. The certificate has been presented to the Board at the March 13th meeting. ACTION ITEM A.2.2 Update the Financing Plan to evaluate an appropriate timetable, amount, and obtain the lowest cost for debt financing. STATUS: (100% Completed) The District has continued to update its financial plan and projection based on the ever changing City of San Jose Operating and Capital Improvement Program for the Regional Wastewater Facility. The updated projections continue to evolve the requirements for debt issuance to minimize the financial impacts on the District while meeting the funding obligations imposed by the City of San Jose. The issuance of debt requires adhering to Government Code section 8855(i) setting forth guidelines and procedures for debt issuance. The Board of Directors adopted a Debt Management Policy on October 10, 2018, in compliance with Government Code section 8855(i). The updated financial plan projections resulted in the need for two bond issuances in the amount of $18M in FY 2020 and $14M in FY 2022 along with the approved rate increases. A preliminary schedule setting out the work plan for bond issuance in FY 2020 has been completed. OBJECTIVE A.3 MAINTAIN EFFECTIVE STRATEGIC PARTNERSHIPS WITH

REGULATORY AND OTHER STAKEHOLDER AGENCIES TO ENSURE MUTUALLY SUPPORTIVE AND RESPECTFUL RELATIONSHIPS AND TO ACHIEVE DELIVERY OF EXCEPTIONAL DISTRICT SERVICES.

3

ACTION ITEM A.3.1 Monitor and work with the Tributary Agencies to revise and update the Master Agreement for Treatment Services with the City of San Jose. STATUS: (100% Completed) The dispute with the City of San Jose resulted in filing of a lawsuit in March 2018. Following the filing, in the fall of 2018, the defendant filed a demurrer to dismiss three causes of action brought by the Tributary Agencies (1) breach of mandatory duty under Proposition 26 and 218; (2) unjust enrichment; and (3) declaratory relief. On November 26, 2018, the Tributary Agencies filed their Opposition to Defendants’ Demurrer. Defendants filed their Reply in Support of the Demurrer on November 30, 2018. On December 6, 2018, Judge Walsh issued a tentative order overruling the Demurrer in its entirety. Defendants contested the tentative ruling and the Court proceeded with a hearing on December 7. On December 19, Judge Walsh issued an order directing all parties to file supplemental briefings on the Demurrer. On January 18, 2019, the parties filed supplemental briefings on the demurrer and a further hearing on the Demurrer was held before Judge Walsh on February 1, 2019, and, on February 7, Judge Walsh issued an order overruling the Demurrer in its entirety. On February 4, 2019, the Tributary Agencies received Defendants’ discovery responses. On March 6, 2019, Defendants filed their Answers to the Tributary Agencies’ Complaint and filed a Cross-complaint against the Tributary Agencies. On March 21, 2019, the defendant propounded discovery on all of the Tributary Agencies with a response due on June 10, 2019. Work continues on review of discovery and pursuit of additional discovery. Case management conference has been set for June 28, 2019. OBJECTIVE A.4 EFFECTIVELY SERVE THE PUBLIC AND PROTECT DISTRICT

INTERESTS BY ENSURING ALL DISTRICT CODES, ORDINANCES, STANDARDS, POLICIES, AND PROCEDURES SATISFY CURRENT LAWS, REGULATIONS, AND BEST MANAGEMENT PRACTICES.

ACTION ITEM A.4.1 Review and update the District Ordinance to ensure uniformity and consistency of all the chapters. STATUS: (100% Completed) A comprehensive review of the District’s Ordinance was completed by a cross functional department team. The Ordinance was reviewed to ensure conformation with current laws, regulations, and policies as well as clarity, uniformity, and consistency throughout the chapters. The proposed revision addresses Chapters 1, 2, 3, 4, 6, 7, 9, 10, 11, 12, 13, and 14 covering the entirety of the Ordinance Code related to sanitary sewers. The proposed changes do not include chapters 5 and 8. Chapter 5 was previously moved to Section 6.010 of Chapter 6 and Chapter 8 is related to the storm drain management program, which will be deleted entirely after the District completely exiting the program.It is currently scheduled for the end of next fiscal year. The revised Ordinance was presented to the Board on March 13th for preliminary review and April 10th for adoption. Summary and detail of the revision can be found on March 13th Board meeting agenda, item #15. The adopted Ordinance was published in the Campbell Express and District's website as required and took effect beginning May 10th.

4

GOAL B SEWER SYSTEM MANAGEMENT

OBJECTIVE B.2 ENSURE THE SUSTAINED FUNCTION AND LONGEVITY OF

THE DISTRICT’S INFRASTRUCTURE. ACTION ITEM B.2.1 Develop future inflow and infiltration phases by identifying areas within sub-basins that have displayed excessive inflow and infiltration characteristics. STATUS: (100% Completed) In FY 2018-19, repairs were performed to four sanitary sewer laterals which defects were identified by the June 2018 smoke testing in Basin E10. Staff analyzed the data from the flowmeters installed in Basin G6 during the 2017-18 wet season and identified areas with significant inflow rates. During the 2018-19 wet season, staff performed several investigations during rain events to further narrow down the sources of inflow. Based on the data and investigations, Sub-basin G6F was smoke tested (scheduled for June 2019) to identify sources of inflow. Incorporating recommendations from this year's accomplishments into the overall I/I plan, the following items are anticipated for 2019-20: (1) Analyze 2018-19 wet season flow data and make recommendations for follow-up, (2) Review findings from smoke testing of Basin G6 and determine next steps based on findings, (3) Additional flow monitoring delineation of Basin E06 and additional smoke testing of Basin G6. ACTION ITEM B.2.2 Review and identify modifications required to the District design standards to ensure they are in conformance with current codes, District engineering guidelines, and best engineering practices. Review and update existing District standard details. STATUS: (100% Completed) The District's current Standard Details were last updated in 2007. The team completed several working meetings resulting in a comprehensive mark-up of the District's existing 15 details. On May 28, 2019, an initial draft of the drawings was presented to staff by Brown and Caldwell. Additional new drawings from other agencies were also presented for incorporation into the updated set of drawings. An iterative process of review and comment is expected to continue into FY 2019-20. OBJECTIVE B.4 IDENTIFY AND IMPLEMENT STRATEGIES TO IMPROVE

OPERATIONAL EFFICIENCY AND EFFECTIVENESS. ACTION ITEM B.4.1 Review recommended updates in the 2018 Sewer System Management Plan (SSMP) audit and incorporate recommendations into the SSMP to comply with State standards. STATUS: (100% Completed) The development and implementation of the SSMP is a requirement of the State Water Resources Control Board Order No. 2006-0003-DWQ, Statewide General Waste Discharge Requirements for Sanitary Sewer Systems (WDRs). The purpose of the SSMP is to document how the District manages, operates, and maintains its sewer collection

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system. The District's SSMP was first adopted in 2008 and due to the five-year recertification requirement, it again requires recertification in 2018. An SSMP Audit is also required to be performed at least once every two years and provides an opportunity for the District to review each element of the SSMP to ensure that the District is compliant and current with the WDRs, so that the District’s operations are accurately and fully described, and to evaluate the effectiveness of the District’s SSMP in terms of key performance measurements. The SSMP Audit was completed in early 2018. The conclusion of the 2018 SSMP Audit determined the SSMP is in compliance with the requirements of the WDRs, except for some necessary administrative and material updates to charts and tables. There was also some updated information from engineering studies and operational processes that could now be included in specific sections of the SSMP. In addition to updating administrative items, descriptions of ongoing engineering studies and their findings, where applicable, were reviewed and included in the SSMP as well as the findings from completed studies. Any changes made to operation and maintenance activities were also reviewed and reflected in the SSMP. Once sections of the SSMP were edited, they were all compiled into the SSMP document and submitted to the Board for their approval and adoption on August 8, 2018. Hard copy binders and on-line copies were updated, these were distributed to staff and posted on the District website for public consumption, respectively.

GOAL C COMMUNICATION AND CUSTOMER SERVICE OBJECTIVE C.1 IMPROVE FOCUSED CUSTOMER OUTREACH EFFORTS TO

INCREASE AWARENESS OF DISTRICT’S SERVICES THAT ARE AVAILABLE TO THE COMMUNITY.

ACTION ITEM C.1.1 Update outreach program as presented in the 2018 SSMP and create sanitary sewer overflow response training/informational sheet for contractors. STATUS: (100% Completed) As part of the 2018 SSMP Audit, a recommendation to formalized SSO Training and Orientation Program on the District's Overflow Emergency Response Plan (OERP) and Sanitary Sewer Overflow (SSO) response was identified for contractors and private utilities working on or using our collection system. A review was performed to evaluate the different groups of contractors and how to best address their training, orientation and the type of outreach material needed to accomplish the task. The team determined that there were three basic contractor groups: CIP Contractors, Service and Repair Contractors, and Sewer Permit Applicants/Private Utilities. For CIP contractors, a new specification section (Section 02147 - Sanitary Sewer Overflow) was developed and is now included in their contract documents. For service and repair contractors, an existing specification section (Section 4.3 Sanitary Sewer) was modified and is included in their contract document. A new document was developed for Sewer Permit Applicants and Private Utilities and is issued along with their Sewer Permit or Water Discharge Permit. In each case, the contractor is informed of the requirement to review the SSO section and the District's OERP and

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SSO Plan to become familiar with the SWRCB's Waste Discharge Requirements. The primary actions that are required of a contractor when faced with an SSO are their initial responses. These responses include these simultaneous actions: 1) District Notification, 2) Stopping the SSO, 3) Containing the SSO, 4) Protecting the Public, 5) Documentation of SSO Information, and 6) Referring the District for Public Relations matters.

GOAL D WORK ENVIRONMENT OBJECTIVE D.1 RETAIN, ATTRACT, AND MOTIVATE HIGH QUALITY AND

HIGH PERFORMING STAFF. ACTION ITEM D.1.1 Assess District employee compensation and benefits to ensure competitiveness with other comparable agencies. STATUS: (100% Completed) The term for Memorandum of Understanding between the District and Union ends on June 30, 2019. The successful negotiation of a new Memorandum of Understanding is contingent on developing up to date and reliable compensation information. The first step in the compensation study required developing a list of ten comparable agencies to West Valley Sanitation District based on demographics, financials, and scope of services provided to ensure the best fit of comparator agencies and quality data for the compensation study. Based on this best fit of comparable agencies compensation data including salary, incentive, employer contribution to pension and medical benefits were collected for representative job classifications. Analysis was performed to ensure job descriptions were comparable between agencies and subsequent average and means for the ten agencies were calculated. The data was summarized and presented in a report to support the Union and Managements negotiations efforts for a negotiating a Memorandum of Understanding. ACTION ITEM D.1.2 Successfully negotiate a new multi-year memorandum of understanding (MOU) with the employee union. STATUS: (100% Completed) The District’s non-management employees are organized into two bargaining units, both represented by The Northern California Regional Council of Carpenters, The Carpenters 46 Northern California Counties Conference Board and Their Affiliated Local Unions. The term for Memorandum of Understanding between the District and Union ends on June 30, 2019. The District management staff initiated negotiations with the Union in March 2019. Three negotiation sessions were convened to review, discuss and develop agreement for new terms and conditions for the labor agreement. On May 9, 2019, a tentative agreement was reach with the Union subject to final approval of the Board of Director and the Union. The Memorandum of Understanding is scheduled for final approval on June 13, 2019. OBJECTIVE D.2 PROVIDE SUFFICIENT TRAINING AND WORK EXPERIENCE

OPPORTUNITIES THROUGHOUT THE DISTRICT TO ENCOURAGE KNOWLEDGE AND SKILL DEVELOPMENT.

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ACTION ITEM D.2.1 Plan and coordinate events to provide staff training, team building, and skill development to improve District operational effectiveness and efficiencies. STATUS: (100% Completed) A team was formed under Strategic Plan Action Item# D.2.1 to organize events to foster team building, unity and staff development. This year the District recognized two retiring employees. Burt Codera retired after 17 years of service in August 2018 and Gil Acosta retired after 27 years of service in December 2018. The District also organized a holiday luncheon in December 2018. The special events recognize the employees for their contributions and remind the entire District of the importance staff plays in providing excellent service to its customers. The team also planned and organized an EAP seminar in May 2019 covering a combination of topics “Prospering through Change” and “Building a Positive Attitude”. Too often in the midst of change, employees feel a sense of disillusionment and powerlessness, which leads to a loss of vision and clarity of goals. This workshop provided a greater understanding of the process of change and transition, identified the stages of change and the feelings involved. It provided effective strategies for prospering through change. The second workshop focused on learning about what a positive attitude is and what it is not. The workshop shared some concrete methods and specific skills for cultivating a positive attitude. Both workshops were well received and timely in helping staff manage through the recent changes in staffing due to retirements. The training cultivated new discussions and improved communication and understanding. The team is now focused on the Incentive event to be held in July.

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WEST VALLEY SANITATION DISTRICT BOARD OF DIRECTORS POLICY

POLICY #: 900.1015 SUBJECT: POST-RETIREMENT HEALTH

INSURANCE BENEFITS EFFECTIVE DATE: JULY 1, 2019 REVISION DATES: REVISED ANNUALLY RESPONSIBILITY: BOARD OF DIRECTORS ===================================================================== 1. PURPOSE

The purpose of this policy is to specify the details and relevant on post-retirement health insurance benefits for the retirees of the West Valley Sanitation District.

2. POLICY I. Eligible employees who have retired from the West Valley Sanitation District will be

provided with post-retirement health insurance benefits in accordance with the following eligibility requirements:

A. Eligible retirees whose retirement date occurred prior to July 12, 1995:

West Valley Sanitation District will continue to provide post-retirement health insurance benefits to those retirees who are on the retirement roll as of July 12, 1995, subject to the limitations set forth in Section II, below.

B. Eligible retirees whose retirement date occurred after July 12, 1995:

West Valley Sanitation District will provide post-retirement health insurance benefits, subject to the following minimum eligibility requirements in addition to the limitations set forth in Section II, below:

1. The retiree must have reached a minimum age of 55 years and be eligible for PERS retirement;

2. The retiree must have worked at the West Valley Sanitation District for a

minimum of 15 years immediately preceding retirement; 3. The retiree must retire directly into the PERS system (retire from PERS and the

District on the same date).

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II. Maximum District Contribution:

The maximum District contribution to each eligible retiree's health insurance benefit will be equivalent to the lowest-priced plan offered by District for eligible retirees under age 65, and will be determined on an annual basis. In Fiscal Year 2019-2020, the maximum reimbursement is $725.68 per month.

III. Reimbursement Procedure:

The retiree may elect to remain on the District's group insurance plan, or may elect a plan of his or her choice. Retiree over 65 or otherwise eligible for Medicare Part B must be enrolled in such plan, and the District shall reimburse the retiree for the cost of Medicare Part B premium. The maximum reimbursement for all plans is subject to the maximum District contribution for retiree medical. The retiree must submit a receipt showing payment or other proof of coverage as a request for reimbursement. The District will make quarterly payments no later than 90 days following the end of the quarter for which payment is requested.

IV. Annual Review

This policy will be in effect for the Fiscal Year July 1, 2019 through June 30, 2020. This policy will be reviewed annually by the Board of Directors, and is subject to change or modification at the annual review period.

APPROVED: By the Board of Directors of West Valley Sanitation District on ____________.

July – December 2019 Board Meeting Schedule 2 June 6, 2019

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the third month (except September 2019, meeting is scheduled on the second Monday); 12:00 p.m., Santa Clara Valley Water District. District’s representative: Jon Newby.

(3) San Jose/WVSD Sewer Advisory Board meets once a year or quarterly as needed; date and time to be determined, San Jose City Hall. District’s representative: Manny Cappello. (Sewer Advisory Board meetings for July-December 2019 have been cancelled.)

Preliminary Program – Subject to Change Wednesday, August 21

7:30 a.m. – 12:00 p.m. CSRMA Training Seminar (Separate Registration Required)

9:00 a.m. – 5:00 p.m. Registration

10:30 a.m. – 12:00 p.m. CASA Board of Directors Meeting

12:00 p.m. – 1:30 p.m. Associates Committee Meeting

12:00 p.m. – 1:30 p.m. Lunch on Your Own

1:30 p.m. – 4:00 p.m. Concurrent Sessions Track 1: Lessons from the Trenches: Leadership Success General Manager Roundtable

Track 2: Regulatory Hot Topics and Deep Dives

Track 3: AB 1234 Ethics Training for Public Officials

4:15 p.m. – 5:15 p.m. Federal Legislative Committee Meeting

4:15 p.m. – 5:30 p.m. CSRMA Executive Board Meeting

5:30 p.m. – 6:30 p.m. Welcome Reception

Thursday, August 22

7:30 a.m. – 4:30 p.m. Registration

7:45 a.m. – 9:15 a.m. Communications Committee Meeting

8:00 a.m. – 9:00 a.m. CASA Education Foundation Board Meeting

8:00 a.m. – 9:00 a.m. CSRMA Board of Directors Meeting

8:00 a.m. – 9:30 a.m. Breakfast

9:15 a.m. – 4:00 p.m. Communication Lab – Media Training (Sign up Required)

Thursday – Cont’d.

9:15 a.m. – 11:45 a.m. Morning Sessions & Business Session

9:15 – 10:15 a.m. Keynote Address

10:15 – 11:30 a.m. Creating New Water: Identifying and Developing Unique Opportunities

11:30 – 11:45 a.m. Business Session

12:00 p.m. – 1:30 p.m. Luncheon

• Awards Presentation• Flushable Wipes Update

2:00 p.m. – 4:00 p.m. Afternoon Sessions

2:00 – 2:40 p.m. Developing the Next Generation of Water Professionals

2:40 – 3:20 p.m. Preparing Your Workforce for the Future

3:20 – 4:00 p.m. Surprising Impacts of Climate Change on Your Bottom Line

4:00 p.m. – 4:30 p.m. Policy & Pints – Stone Brewery

4:30 p.m. – 5:30 p.m. Bay Area Biosolids Coalition Meeting

5:30 p.m. – 6:30 p.m. Associates Reception

Friday, August 23

8:00 a.m. – 11:00 a.m. Registration

8:00 a.m. – 9:30 a.m. Breakfast

9:00 a.m. – 11:00 a.m. Closing Session

Closing Speaker - TBD

Federal and State Legislative Updates

President’s Closing Remarks

11:00 a.m. – 3:00 p.m. Attorneys Committee Meeting

RESOLUTION NO. 19.06.06

RESOLUTION OF THE BOARD OF DIRECTORS OF WEST VALLEY SANITATION DISTRICT OF SANTA CLARA COUNTY, CALIFORNIA, AMENDING THE

MERIT SYSTEM RULES AND PERSONNEL PRACTICES

WHEREAS, the Board of Directors of West Valley Sanitation District of Santa Clara County (“Board”) wishes to amend the Merit System Rules and Personnel Practices for the Employees of West Valley Sanitation District; and

WHEREAS, the Board adopted the Merit System Rules and Personnel Practices in 1978 as a working document summarizing the District’s employment practices, compensation and benefit programs, and disciplinary procedures in existence at that time; and

WHEREAS, the District has met and conferred with two represented bargaining units and have agreed to amend the Merit System Rules and Personnel Practices as set forth in Exhibit A.

NOW, THEREFORE, BE IT RESOLVED that the Merit system Rules and Personnel Practices as set forth in Exhibit A, attached hereto and by this reference made a part hereof.

PASSED AND ADOPTED by the Board of Directors of West Valley Sanitation District at a regular meeting on the 12th day of June, 2019, by the following vote:

AYES: Directors

NOES: Directors

ABSENT: Directors

ABSTAIN: Directors

_________________________________ Chairperson of the Board of Directors of West Valley Sanitation District of Santa Clara County, California

Attest:

_______________________________ Secretary

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CHAPTER I. MERIT SYSTEM

ARTICLE 1. APPLICABILITY, GOVERNING PRINCIPLES, AND DEFINITIONS

Sec. I-1.1 Rules established; applicability. There are hereby established merit system rules for the administrative service of the District. These rules shall apply in their entirety to all employees of the District except when noted. Notwithstanding any provision of the merit system rules, the rules and any existing memorandum of understanding or contract of employment duly approved by the District Board are to be read consistent to one another. Where a conflict arises, the specific shall prevail over the general. Where a conflict exists between two specifics, the latter shall be presumed to prevail over the former. Sec. I-1.2 Equal employment opportunity. West Valley Sanitation District is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, national origin ancestry, sex, gender, gender identity, pregnancy, childbirth or related medical condition, religious creed, physical disability, mental disability, age medical condition, marital status, veteran status, sexual orientation, genetic information or any other characteristic protected by federal, state, or local law. The District is dedicated to this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, employee activities, and general treatment during employment. The District will endeavor to make a reasonable accommodation to the known physical or mental limitations of qualified employees with disabilities unless the accommodation would impose an undue hardship on the District’s operations. Employees needing assistance to perform their job duties because of a physical or mental condition are encouraged to notify their supervisor or human resources. The District will endeavor to accommodate the sincere religious beliefs of its employees to the extent such accommodation does not pose an undue hardship on District’s operations. Employees wishing to request such accommodation are encouraged to notify their supervisor or human resources. Any employees with questions or concerns about equal employment opportunities in the workplace are encouraged to discuss the matters with their supervisor or human resources. Sec. I-1.3 At-will employment. The District Manager and Engineer, Director of Engineering and Operations, Director of Administration and Information Services, and all temporary, short-term, seasonal, provisional, part-time and any other non-regular employees are at-will employees, meaning that there is no

Exhibit A

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specified duration of employment, and the employment of the employee can be terminated at any time, with or without cause. They also are not entitled to appeal rights of any kind in connection with any discipline and/or termination from employment. An employee may also resign his or her employment at any time. Sec. I-1.4 Non-harassment It is the District’s policy to prohibit intentional and unintentional harassment of any individual by another person on the basis of any protected classification including, but not limited to race, color, national origin, disability, religion, marital status, veteran status, sexual orientation or age. Refer to the District’s policy and complaint procedure against harassment, discrimination, and retaliation. Sec. I-1.5 Workplace violence Every District employee has the right to work in a safe and secure environment, without worry of being threatened, attacked, and/or injured by anyone working in or visiting the workplace. Workplace threats or attacks involving former or current employees, managers, customers, or vendors will not be tolerated by the District. All incidents of workplace violence will be thoroughly investigated. The District is committed to providing a safe workplace and will take steps to discipline or terminate employees who engage in violence at the workplace and prohibit customers, ratepayers, or vendors from re-entering the workplace if they have committed workplace violence. The agency will work with law enforcement to have any perpetrators arrested and/or prosecuted for crimes against the District and its employees. Employees are discouraged to engage in any physical conformation with a violent or potentially violent individual. However, employees are encouraged to exercise reasonable judgement in identifying potentially dangerous situations. Refer to the District’s Workplace Violence Policy. Sec. I-1.6 "Allocation" defined. "Allocation" means the official determination of the class to which a position belongs, and the assignment of a position to its class. Sec. I-1.7 "Anniversary date" defined. "Anniversary date" means the anniversary of the date an employee was appointed to a regular position unless otherwise modified by the merit system rules. Sec. I-1.8 "Applicant" defined. "Applicant" means a person who, under the rules, has made formal application for employment. Sec. I-1.9 "Appointment" defined.

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"Appointment" means the offer to a person and his/her acceptance of a position in accordance with these rules. Sec. I-1.10 "Assembled examination" defined. "Assembled examination" means an examination conducted at a specified time and place, under the supervision of an examiner. Sec. I-1.11 “Base period” defined. “Base period” means the regular non-overtime schedule for a non-exempt employee, which generally equals forty (40) hours in a workweek or eight (8) hours in a work day. Sec. I-1.12 "Board of Directors" defined. "Board of Directors" means the Board of Directors of West Valley Sanitation District of Santa Clara County. Sec. I-1.13 "Certification" defined. "Certification" means the submission of names of eligibles from an appropriate list to the Manager. Sec. I-1.14 "Class or classes of positions" defined. "Class or classes of positions" means a group of positions having duties and responsibilities sufficiently similar that the same title, examples of duties, and requirements may be applied. Sec. I-1.15 "Classification plan" defined. "Classification plan" means the arrangement and grouping of positions in classes according to duties, authority, and responsibilities. Sec. I-1.16 "Continuous employment" or “Continuous service” defined. "Continuous employment" or “Continuous service” means employment uninterrupted from the date of appointment, except by authorized absence. Sec. I-1.17 "Demotion" defined. "Demotion" means the reduction of an employee from a position in one class to a position in a lower class either on a voluntary basis or as the result of a disciplinary action. Sec. I-1.18 "Department" defined.

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"Department" means an administrative unit of the District. Sec. I-1.19 "Dismissal" defined. "Dismissal" means removal from his/her position of any officer or employee. At-will, non-permanent, and non-regular, employees may be dismissed with or without cause at any time with no right of appeal. Sec. I-1.20 "District" defined. "District" means West Valley Sanitation District of Santa Clara County, California. Sec. I-1.21 "Eligible" defined. "Eligible" means any person on an employment or reemployment list for a given class. Sec. I-1.22 "Employment list" defined. "Employment list" means the list of those qualified for employment or reemployment in a class. Sec. I-1.23 "Extra help" defined. "Extra help" means persons employed for periods when the work load within a department is of too great a volume to be expeditiously handled by the regular employees. Sec. I-1.24 “Human resources” defined. “Human resources” means the Director of Administration and Information Services or designee, who handles all human resources matters. Sec. I-1.25 “Fiscal year” defined. “Fiscal year” means the period that the District uses for accounting purposes, from July 1 to June 30 of the next year. Sec. I-1. 26 "Layoff" defined. "Layoff" means termination of service without fault on the part of the employee, because of lack of work, lack of funds, or in the interest of economy. Sec. I-1.27 "Leave of absence" defined. "Leave of absence" means permission to be absent from duty for a specified period and for a specified purpose, with the right to return at the expiration of the period.

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Sec. I-1.28 "Manager" or “District Manager” defined. "Manager" or “District Manager” means the District Manager and Engineer or designee. Sec. I-1.29 "Original appointment" defined. "Original appointment" means the first appointment of an employee to a classified position. Sec. I-1.30 "Permanent employee" defined. "Permanent employee" means an employee who has satisfactorily completed the probationary period of the employee’s present class. The District Manager, Director of Engineering and Operations, Director of Administration and Information Services, and all temporary, short-term, seasonal, provisional, part-time and any other non-regular positions are at-will non-permanent employments outside of the classified service. Employees in these classifications may be terminated at any time with or without cause and with no right of appeal. Sec. I-1.31 "Permanent position" defined. "Permanent position" means any position that will require the service of a regular employee for more than six (6) months after successful completion of a probationary period, or until abolished by an official act. The District Manager, Director of Engineering and Operations, Director of Administration and Information Services, and all temporary, short-term, seasonal, provisional, part-time and any other non-regular positions are at-will non-permanent positions outside of the classified service. Sec. I-1.32 "Position" defined. "Position" means a combination of duties regularly assigned to be performed by one person. Sec. I-1.33 "Probationary period" defined. "Probationary period" means the first six (6) months, or any period not to exceed one (1) year, of continuous service following appointment from an eligible list to a position in the merit system. Sec. I-1.34 "Promotion" defined. "Promotion" means advancement from a position in one class to a position in a class with a higher salary range. Sec. I-1.35 “Protected leave of absence” defined.

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“Protected leave of absence” means time away from work taken under the federal or state laws that are consider “protected”, employees cannot be terminated in retaliation for requesting or taking a leave of absence pursuant to these laws. In addition, protected absences may not be used toward any attendance policy and/or point system that lead to attendance related discipline. Sec. I-1.36 "Provisional appointment" defined. "Provisional appointment" means the appointment of a qualified person to fill a position for which no appropriate employment list exists, pending an examination. Sec. I-1.37 "Public notice" defined. "Public notice" means announcements of examinations, meetings, hearings, and other actions of the District on bulletin boards in the office of the District. Sec. I-1.38 "Qualified" defined. "Qualified" means an applicant or appointee who meets the employment standards for a class. Sec. I-1.39 "Reappointment" defined. "Reappointment" means the return of an employee to a former class through reinstatement or other methods provided by these rules. Sec. I-1.40 "Reemployment" defined. "Reemployment" means appointment from a reemployment list after layoff. Sec. I-1.41 "Reemployment list" defined. "Reemployment list" means a list of persons with permanent status in a class, who have been laid off and who are entitled to preference in appointment to vacancies in that class. Sec. I-1.42 "Regular employee" defined. "Regular employee" means a person appointed through certification to a vacancy in a regular position that has passed the applicable probationary period. Sec. I-1.43 "Regular position" defined. "Regular position" means any permanent position that requires filling through certification. The District Manager, Director of Engineering and Operations, and Director of Administration and Information Services, and all temporary, short-term, seasonal, provisional, part-time positions are non-regular positions that are at-will and outside of the classified service.

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Sec. I-1.44 "Reinstatement" defined. "Reinstatement" means the reappointment of an employee who has resigned. Sec. I-1.45 "Resignation" defined. "Resignation" means the voluntary action of an employee, which separates an employee from the position held. Sec. I-1.46 "Separation" defined. "Separation" means any termination of employment. Sec. I-1.47 "Specification" defined. "Specification" means the official description of a class including: (a) The title; (b) A statement of the duties and responsibilities; and

(c) The employment standards, such as education, experience, knowledge, skills, and abilities, which may be required of applicants.

Sec. I-1.48 "Suspension" defined. "Suspension" means an involuntary absence without pay imposed by the Manager for disciplinary purposes or pending investigation of charges. Sec. I-1.49 “Transfer” defined. “Transfer” means movement of an employee to a new position in the same class with the same salary range. Sec. I-1.50 "Unassembled examination" defined. "Unassembled examination" means an examination consisting of an appraisal of training experience, work history, or other means for evaluating the relative qualifications of applicants without requiring them to appear in person. Sec. I-1.51 "Union" or “Recognized employee organization” defined. "Union" or “Recognized Employee Organization means the exclusive representative for an authorized bargaining unit at the District that has been properly recognized to represent the unit with respect to the terms and conditions of their employment with the District. Sec. I-1.52 "Year" defined.

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"Year" means the calendar year, unless designated otherwise. Sec. I-1.53 Work periods; time intervals. Unless otherwise indicated, periods of time mentioned in these rules are computed on an hourly basis, with an eight-hour, weekly or bi-weekly work period used as the standard unit of measure. Six (6) months, therefore, equals thirteen (13) periods of eighty (80) hours each, or one thousand forty (1,040) hours. One (1) year equals two thousand eighty (2,080) hours, or twenty-six (26) bi-weekly periods. A forty (40) hour weekly period represents five (5) working days for an employee on an eight-hour, five-day work week schedule. An eighty (80) hour bi-weekly period represents ten (10) working days for an employee on an eight-hour, five-day work week schedule.

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ARTICLE 2. CLASSIFICATION

Sec. I-2.1 Formulation of plan. The Manager shall analyze the duties and responsibilities of all positions, shall group them into classes, and shall recommend rules for administration of the classification plan and for the allocation of positions to classes. Sec. I-2.2 Basis of classification. Classification shall be based on the principle that positions shall be in the same class when their duties and responsibilities are enough alike to justify the same descriptive title, definition of duties and responsibilities, and employment standards. Sec. I-2.3 Allocation of positions. Every position shall be allocated by the Manager to a class. Sec. I-2.4 Adoption, revision of plan. The classification plan shall be adopted and may be revised as conditions require, by the Manager. Sec. I-2.5 Class specifications.

(a) Specifications for each class shall be approved by the Manager. (b) Specifications will include the class title, which shall be used for all official

records; a brief definition of the scope, nature, and responsibility of the class; a description, typical but not necessarily restrictive, of tasks or duties ordinarily performed in positions allocated to the class; a statement of education, experience, knowledge and skills, abilities, and personal and physical characteristics required or deemed necessary, and additional factors or features considered necessary.

(c) Standards and qualifications may not be less than those prescribed by law or by

agreement with any other governmental jurisdiction.

(d) Specifications are not restrictive and shall not be construed as declaring that duties or responsibilities shall not be changed or that the Manager may not temporarily assign other duties and responsibilities to or otherwise direct and control the work of employees under his/her supervision.

Sec. I-2.6 Applicants to meet employment standards.

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Applicants for employment shall be required to meet all standards prescribed in the class specifications. Sec I-2.7 New or reclassified positions. The Manager may create a new position or re-classify an existing position by furnishing to the Board of Directors a comprehensive statement of the duties of the proposed position. If a new classification is given to, or there is a major change in work being performed by classes covered in the bargaining unit, the District shall notify the union of such change and shall meet with its representative, upon request, to discuss the salary range prior to implementation. Any change in a salary for an employee with a new or changed job classification shall be made retroactive to the date he/she was given the new classification or change of work, but in no situation for a period of any greater than thirty (30) days from the date of agreement upon the salary change. Sec. I-2.8 Effect of reclassification on incumbents.

(a) If an occupied position is reclassified, the incumbent shall be promoted, demoted,

or transferred to the new class in accordance with regular examination and certification procedures, except as indicated below.

(b) The Manager may grant status without examination, directly upon

reclassification, only:

(1) As part of a general reclassification affecting the entire classified service, or

(2) When the reclassification represents a transfer in relation to the former

classification and no additional or different education, experience, or professional or technical qualifications are present in the minimum qualifications requirements for the class to which the position is reclassified; or

(3) When an entire class and all of its incumbents are being reclassified,

involving the abolition of the former class and merger with a new class.

(c) The Manager may require a qualifying test prior to granting status under any of the above conditions.

(d) When a position is reallocated upward, a continuing regular incumbent may be

appointed to the new class with the Manager's approval by being eligible for and passing the appropriate examination without regard to his/her place on the eligible list. This qualifying examination procedure may be used only when there is a clear showing that the duties of the position have gradually evolved without any purpose on the part of anyone to evade the merit principle, provided that the

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incumbent has occupied the position for at least two (2) years and the reallocation is between classes within the same occupational group with no more than three salary ranges between the former and new class.

(e) Should a permanent incumbent of a position that has been reallocated upward not

qualify for that new class, upon continuing approval of the Manager, the incumbent may remain in the position as an under-fill in the former class.

(f) When a position is reallocated downward, upon a continuing approval of the

Board of Directors, a permanent incumbent may remain in the position in his/her former class by overfilling for a period not to exceed one (1) year from the effective date of the reallocation. During the one (1) year, the employee's name shall be placed on the appropriate reemployment list for certification to other positions. If at the expiration of the one-year period the incumbent still remains in the position, the employee shall either:

(1) Take a voluntary demotion to the new class, without loss of current salary;

or (2) Be laid off.

(g) Upon approval of the Manager, the overfill provisions contained in subsection (f) above may be extended for an additional period not to exceed one (1) additional year.

Sec. I-2.9 Assigning responsibilities outside class. If an employee is assigned responsibilities outside of his/her class, provisions of Sec II-4.5 shall apply. Sec. I-2.10 Classification directory. The District shall provide, upon request, a classification directory listing minimum qualifications and salary ranges for all District positions. This directory shall be revised annually, or more often, if needed.

Sec. I-2.11 Employee type.

(a) Full-time employees – Employees who regularly work forty (40) hours or more each week, who were not hired on a short-term basis. Regular full-time employees are eligible to all of the benefits offered by the District for which they qualify.

(b) Part-time employees – Employees who regularly work fewer than forty (40) hours per week, who were not hired on a short-term basis. Part-time employees are not eligible for employee benefits offered by the District, except those mandated by applicable law.

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(c) Short-term, temporary, provisional, and/or seasonal employees – Employees who are hired to work for short-term assignments, either full-time or part-time. Short-term assignments generally are periods of six (6) months or fewer; however, such assignments may be extended. These employees are not eligible for employee benefits offered by the District, except those mandated by applicable law.

Part-time, short-term, temporary, provisional and/or seasonal employees are not members

of a bargaining unit. They are not represented by the Union and do not receive the rights identified in the collective bargaining agreement or Memorandum of Understanding (MOU). They may not work more than 960 hours per fiscal year without the approval of the District Manager.

In addition to the above types, all employees are categorized as either “exempt” or “non-exempt” for purpose of federal and state wage and hour laws.

(a) Exempt employees – Salary employees whose work duties exempt them from the overtime provisions of the federal Fair Labor Standards Act.

(b) Non-exempt employees – Employee who are covered by the overtime provisions of the federal Fair Labor Standards Act. Non-exempt employees are entitled to an overtime premium for overtime work in accordance with federal law.

Sec. I-2.12 Employee representation. Full-time employees in the following classifications are represented by the Union, enrollment is voluntary, the District Manager, departmental directors, part-time, short-term, temporary, provisional, and seasonal employees are not represented by the Union. Upon approval of the employee and request of the Union, the District shall deduct membership dues from the employee’s pay in the following classifications on behalf of the Union: Account Clerk I/II Administrative Assistant I/II Assistant Engineer Associate/Senior Civil Engineer Assistant/Associate/Senior Engineering Technician Construction Inspector I/II Executive Assistant Fleet Mechanic I/II Geographic Information System Technician/Analyst Maintenance Worker Trainee/I/II Maintenance Worker I/II - Specialty Maintenance Lead Worker Operations Supervisor Senior Maintenance Lead Worker Senior Account Clerk Senior Accountant

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ARTICLE 3. EXAMINATION ANNOUNCEMENTS, APPLICANTS AND APPLICATIONS

Sec. I-3.1 Promotions and transfers. To be eligible to apply for an open position, current District employees must meet several requirements:

(a) Is a current, regular, full-time employee;

(b) In the current position for at least six (6) months; (c) Not on a conduct/performance-related probation or warning; (d) Meet the job qualifications listed on the job posting; (e) Have provided his/her supervisor with notice prior to applying for the position.

Employee interested in the job posting must follow the application instruction on the job

posting for the position. Not all positions are guaranteed to be posted on an internal basis only. The District reserves the right to seek applicants from outside sources and/or to post positions internally and externally simultaneously.

Sec. I-3.2 Announcement of examinations. Announcements of all competitive examinations shall be posted in the District office for at least ten (10) days prior to the last date for filing applications. Departmental distribution of promotional examination announcements may be limited to those departments affected by the examination. Announcements may be posted elsewhere and distributed as necessary to attract qualified applicants. Announcements shall include at least: (a) The class title; (b) The compensation; (c) A statement of duties and responsibilities; (d) The place and last date to file applications; (e) The conditions of competition including employment standards, scope

of the written test, relative weights assigned to parts of the examination, passing grade and any other special conditions; and

(f) Such other information as will help applicants understand the nature

of the employment and the procedure for participating in the examination.

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Sec. I-3.3 Applications required form. Official application forms shall be filled out by each applicant. Sec. I-3.4 Filing time. Applications must be filed in accordance with the instruction on the examination announcement. Sec. I-3.5 Notice of approval for examination. Each applicant approved for examination shall be so notified prior to the examination date by mail, email, or phone shown on the application form. Sec. I-3.6 General minimum qualifications. In addition to those otherwise stated, all applicants must possess the following qualifications: (a) Proof of eligibility to work in the United States.

(b) In the certification of eligibles for positions under the merit system and the appointive positions outside the classified service, preference shall be given to persons who are residents of Santa Clara County, all other things being equal.

(c) Good character and the ability to perform the essential functions of the position

with or without an accommodation. Sec. I-3.7 Applications not to be returned. Applications will not be returned to the applicant. Sec. I-3.8 Disqualification of applicant. The Manager may refuse to examine an applicant, or after examination may disqualify an applicant, or remove his/her name from the employment list, or refuse to certify any eligible on an employment list for any of the following reasons:

(a) If the applicant is found to lack any of the requirements or qualifications established for the examination.

(b) If the applicant is physically or mentally unable to perform the essential functions

of the class.

(c) If the applicant is currently using illegal drugs.

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(d) If the applicant has been convicted of a crime that demonstrates the applicant is unfit for the position.

(e) If there is evidence of infamous or disgraceful conduct. (f) If the applicant has made a false statement of material fact or has

practiced or attempted any deception, fraud, or misconduct in connection with his/her application or examination.

(g) If the applicant has been dismissed for any cause mentioned herein from public or

private employment or has resigned to avoid such dismissal. (h) If applicant has a history of unsatisfactory employment in previous jobs verified

by record. (i) For any lawful reason that demonstrates that it is in the best interests of the

District to not hire the applicant. (j) If applicant has violated any District rule that resulted in discipline.

Sec. I-3.9 Notice of disqualification or rejection; correcting deficient application. Whenever an application is rejected or disqualified, written notice thereof shall be given the applicant. Applications found incomplete or deficient may be corrected before the date of the examination. Sec. I-3.10 Information confidential. The names of applicants shall not be made public. Sec. I-3.11 Special qualifications. Applicants for positions which are scientific, professional or technical, or the duties of which require special qualifications, may be required to provide documentary evidence of a satisfactory degree of education, training or experience. Sec. I-3.12 Fingerprinting, alcohol and controlled substances screenings, and background

investigations.

(a) Applicants before appointment and employees after appointment may be required to be fingerprinted.

(b) Prior to appointment to District employment, applicants may be required to

undergo an alcohol and controlled substances screening in accordance to the District Substance Abuse Policy, and a background investigation to evaluate their suitability for employment consistent with the requirements and duties of the

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classification or work assignment. Receipt of a satisfactory alcohol and control substances screening result is required prior to employment for positions requiring screening. Failure of the test will disqualify the applicant from further consideration from employment. The background investigation will include a review of criminal conviction records and verification of social security number. In addition, where there is a legitimate business necessity, the District may include but not be limited to review of motor vehicle records and/or credit history. The District may also verify information found on employment applications including but not limited to education, certification, licensure, and prior employment.

Sec. I-3.13 Fitness to perform. Each applicant or eligible must be in good general physical condition, and able to perform the essential functions of the position with or without an accommodation. An applicant may be required to submit a statement of a licensed physician to the effect that the applicant is able to perform the essential functions of the position. An eligible may be directed to a special medical examiner to determine that the eligible is able to perform the essential functions of the position. The name of an applicant or eligible shall be removed from any list of applicants or eligibles if any such applicant or eligible fails to pass the required physical examination. Sec. I-3.14 Oath required. Each applicant for employment in the District service shall take an oath that he/she will uphold the constitution of the United States and of the State of California and the ordinances of the District.

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ARTICLE 4. EXAMINATION: OPEN, ORIGINAL, PROMOTIONAL AND QUALIFYING

Sec. I-4.1 Scheduling examinations. The Manager shall schedule examinations as the current and anticipated needs of the District require. Scheduled examinations may be postponed or cancelled or the closing date extended by the Manager by notifying all persons affected and posting public notice. Sec. I-4.2 Types of examinations. Examinations shall consist of written, oral, performance or physical tests or any combination thereof, or any other form, which will test fairly the qualifications of applicants. Sec. I-4.3 Nature of examinations. Examinations shall be impartial and practical in nature and so constructed that they reveal the capacity of the applicant for the class for which he/she is completing as well as his/her general background and related knowledge. Sec. I-4.4 Oral interview and retest.

(a) An examination may include an interview for the purpose of appraising the personal fitness of candidates. Only those candidates qualifying in the subject matter portion of the examination shall be called for the interview. Failure to report for the interview shall eliminate a candidate from the examination.

(b) Interview boards shall be appointed by the Manager, who shall act or appoint

another to act as chairperson.

(c) Interviewers shall note in writing the degree to which, in their judgment, each candidate possesses the desired qualifications.

(d) Candidates who fail to attain a passing score on the oral portion of an examination

may not retake an examination for the same classification until at least forty-five (45) days have passed from the date of the first examination. Such candidates must follow the same examination procedures as all other candidates filing for the same examination except that if the written portion of the examination is given on a qualifying basis, the candidate may not be required to retake the written portion of the examination within six (6) months of the original examination. If he/she fails again, he/she must wait ninety (90) days before retaking the examination.

Candidates who fail to attain a passing score on three successive oral portions of examinations for the same class may not retake the examination before at least six (6) months have passed from the date of the most recent examination.

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(e) In cases of major classification changes, the Manager may authorize the retesting

more frequently than every six (6) months of such District employees who have failed a test three times.

Sec. I-4.5 Preparation of examinations. The Manager shall prepare, or have prepared under his/her direction, all examinations, which are to be given. The District may contract for such service with competent public or private agencies regularly rendering such services. Sec. I-4.6 Unassembled examinations. Whenever the announcement of an examination shall so state, and applicants are given opportunity to file statements of their qualifications, a preliminary competitive rating may be given on the basis of the duties, requirements, and conditions of work in the position to be filled. Applicants appraised highest, to a number commensurate with the number of vacancies anticipated, may be required to compete in further tests. Sec. I-4.7 Identification of papers. Written examinations shall be so conducted that no examination paper will disclose the name or identity of the candidate until the examination papers of all the candidates have been scored. Sec. I-4.8 Qualifying examinations. Qualifying examinations may be held to test fitness for reinstatement, reemployment, for certain position reclassifications as described in Section I-2.8, and for certain transfers and demotions as described in Section I-5.6 (b). Sec. I-4.9 Examination scores.

(a) Unless otherwise provided in the examination announcement, competitors shall be required to attain a score of not less than seventy percent (70%) in each part of the examination.

(b) In written tests, the seventy percent (70%) used to represent the minimum passing

score need not be the arithmetical seventy percent (70%) of the total possible score, but may be an adjusted score based on a consideration of the difficulty of the test, the quality of the competition, and the needs of the service.

(c) Applicants in promotional examinations shall be notified of their individual

adjusted percentage scores for the written and oral portions of the examination, whether passing or failing, and of their position on the eligible list.

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Sec. I-4.10 Grading examinations composed of several tests. In examinations composed of several tests, which are graded independently, weights shall be assigned to each test representing its relative value in ascertaining the fitness of the applicant. Grading of examination shall be uniform for all applicants. Sec. I-4.11 Treatment of ties. Whenever in certifying eligibles a tie score is encountered, all eligibles with the same score shall be certified as having the same position on the eligible list. Sec. I-4.12 Notice of results of examination. As soon as the rating of an examination has been completed and the eligible list established, each competitor shall be notified by mail or email of the result of his/her examination, and if successful, of his/her general average percentage and his/her relative position upon the eligible list. Sec. I-4.13 Retention of applications and other records.

(a) Applications and related examination records will be retained during the life of the eligible list. Examination records of appointees may be retained for a longer period, to be determined by the Manager.

(b) At any time after one (1) year following the period that a competitor may review

his/her examination papers, and provided all necessary information has been transferred to other records, examination material such as questionnaire booklets and answers may be destroyed.

Sec. I-4.14 Promotional examinations. All promotional examinations shall be held on a district-wide basis, except as provided in Section I-4.8. Permanent employees who qualify on the promotional examination with a final score of seventy percent (70%) or higher shall be placed on a promotional eligible list. Sec. I-4.15 Eligibility for promotion.

(a) A candidate for promotion must be a regular employee in his/her present position and must meet all prescribed standards for the class to which he/she seeks promotion. Probationary employees shall be permitted to take promotional examinations, provided that they shall not be appointed to a higher position on such examination until they have completed the probationary period.

(b) A qualified regular employee may take an open competitive examination but must

attain a final examination grade of at least seventy percent (70%) for his/her name to be placed on the open eligible list.

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ARTICLE 5. ELIGIBLE LISTS, APPOINTMENTS, PROBATION, TRANSFERS, RESIGNATIONS,

AND REINSTATEMENTS Sec. I-5.1 Order of eligibles. Candidates who qualify in an examination for a class shall have their names placed upon the eligible list in the order of their relative final grades. Sec. I-5.2 When eligible list effective. An eligible list shall be in effect from the date on which it is approved by the Manager. Sec. I-5.3 Duration of eligible lists.

(a) Eligible lists, except as provided in subsection (b) below, shall remain in force no longer than two (2) years but may be abolished by the Manager after one (1) year upon completion of the examination for the same class, or upon the abolition of the class.

(b) District-wide promotional eligible lists may remain in force for one (1) additional

year beyond the normal two-year maximum.

(c) Should a list become inadequate by having fewer than three names on the active eligible list before its expiration date, the names remaining upon such list may be supplemented by names commingled in order of final grades resulting from additional examinations.

Sec. I-5.4 Eligible lists confidential. Eligible lists are confidential, and the relative position of an eligible on a list or his/her score shall not be made available except to the eligible, his/her designated representative, or a department wherein he/she may be considered for appointment. Sec. I-5.5 Order of employment from lists. Employment shall be made from reemployment lists and eligible lists in the following order: (a) Reemployment lists:

(1) Where a vacancy exists in a classification where a reemployment list exists of permanent employees laid off in accordance with Section II-2.1 through II-2.10, the person standing highest on such reemployment list shall be offered the appointment. Refusal on the part of the former

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employee to accept the appointment shall remove his/her name from the reemployment list.

(2) Where a vacancy exists in a classification and in a department other than

that department where the layoff occurred, the names of three persons on reemployment lists for other departments shall be certified in inverse order of the date of placement on the reemployment lists. If no such reemployment lists exist, or there are fewer than three names, additional names not to exceed a total of three shall be certified from eligible lists in the priority order as shown below.

(b) Eligible lists:

(1) District-wide promotional lists resulting from service-wide promotional examinations.

(2) Eligible lists resulting from open competitive examinations. Sec. I-5.6 Transfers and demotions as alternatives to new appointments.

(a) As an alternative to appointment from any employment list, a position may be filled by transfer of a permanent employee, or a probationary employee who must serve the full probationary period in the new department in the same or comparable class.

(b) As an alternative to appointment from any open competitive list, a position may

be filled by the transfer or voluntary demotion of a permanent or probationary employee from a position in a nonrelated class, provided the employee meets all the requirements of the position to which transfer or demotion is requested, as determined by the Manager through application appraisal or qualifying examination. A probationary employee appointed through such a transfer or demotion must serve the full probationary period in the new position. A permanent employee, at the Manager’s option, may be appointed with either probationary or permanent status. The salary for such an employee shall be adjusted as provided for in Section II-4.3.

Sec. I-5.7 Resignations.

(a) An employee wishing to leave in good standing shall file with the District a written resignation, giving at least two (2) weeks’ notice of his/her intention to leave the service unless the supervisor consents in writing to his/her leaving sooner. An employee who leaves without so filing a written resignation and giving two (2) weeks’ notice, or obtaining said consent in writing, shall have the fact entered on his/her service record and may be denied entrance to tests for which he/she may apply in the future.

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(b) If a resigning employee's name appears upon a promotional eligible list, it shall be removed, but at his/her request may be placed upon the open competitive list for the class if one is in effect.

(c) A resignation is irrevocably accepted once the District gives verbal or written

acceptance of the resignation. Sec. I-5.8 Reinstatement after resignation.

(a) As an alternative to appointment from an open competitive employment list, a former permanent employee who resigned in good standing may be reinstated to a vacant position in the same or lower classification within one (1) year after the date of his/her resignation, upon approval of the Manager.

(b) Upon reinstatement, all rights acquired by an employee prior to his resignation

from the District service shall be restored, except that, at the option of the Manager, the employee may be employed on an original probationary status, or, as a permanent employee, at any salary step not to exceed his/her former salary step.

Sec. I-5.9 Removal from eligible lists.

(a) The Manager may remove the name of an eligible for the following reasons: At the eligible's request; on evidence the eligible cannot be located by mail at his/her last given address; for failure to respond within stipulated time after notice of certification; or for other justifiable reasons provided in these rules. An appointment from an eligible list shall be the basis for removal of the eligible's name from all other related lists at the same or lower salary level.

(b) The eligible shall be notified by mail at his/her last known address of this action

and the reasons thereof.

(c) An eligible may be restored to the list if he/she presents satisfactory reasons for failure to respond.

Sec. I-5.10 Alternative list. If a vacancy exists for a class of position for which there is no appropriate eligible list, the Manager may certify names from the eligible list for a related class for which minimum qualifications and examinations are similar to or higher than those required for the class in which the vacancy exists. Sec. I-5.11 Abolishing eligible lists. Notice of intention to abolish an eligible list shall be sent to all eligibles whose names appear upon the list, prior to the holding of an examination to establish a new list.

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Sec. I-5.12 Inactive list. The name of an eligible who is not available for immediate certification may, at his/her request, be placed on an inactive list and may be restored to the active list from which it was removed upon his/her written request, provided the list is still in existence. Sec. I-5.13 Waiver of appointment. An eligible may for any reason waive appointment after his/her name has been certified. After three such waivers of appointment to permanent positions, the eligible will be placed upon the inactive list, and he/she shall be so notified. He/she may be restored to the list at his/her request any time during the life of the list. Sec. I-5.14 Certification of eligibles.

(a) The Manager shall certify the three names highest on the appropriate eligible list except as specified in Section I-5.5 (a), Reemployment lists, and in Section I-4.11, Treatment of ties.

(b) If there is more than one vacancy in one class in the same department, one

additional name beyond the three shall be certified for each additional vacancy.

(c) A department head may specify particular abilities, knowledge or traits when requesting personnel, stating in writing the reason for the special qualifications request. Certification of the highest ranking eligible possessing such qualification may be made after investigation and finding clear evidence that efficient performance can best be performed by those with the specialized requirements.

(d) The department head shall interview all eligibles who have responded to notice of

certification prior to appointment.

(e) No eligible shall be certified from the same eligible list to the same department more than three times in any six-month period unless requested by the department head.

Sec. I-5.15 Additional names. If one or more of the three persons certified waive or fail to respond to a notice of certification within the time specified, and such waiver or failure to respond results in less than three names available to the Manager, additional names shall be certified, subject to Section I-4.11. Sec. I-5.16 Notification to eligibles. A notice of certification shall be sent to the last known contact information appears on the District records of persons certified for appointment. The notice of certification shall instruct

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eligibles to communicate with the District within five (5) working days following the date the notice was mailed. Sec. I-5.17 Substitute and extra help appointments.

(a) A substitute appointment is an appointment for a minimum period of thirty-one (31) calendar days which is limited to the period of a vacancy created by an authorized leave of absence without pay granted a classified employee. Substitute appointments for longer than six (6) months shall be made in accordance with regular certification procedures. A permanent employee who receives a substitute appointment in a higher class shall be considered as on leave from his/her regular position.

Upon return of the regular incumbent, the substitute employee shall have the right to return to his/her former position or to a similar position in the same class. Substitute appointments for more than one (1) month but less than six (6) months may be made on a temporary provisional basis or through regular certification procedures at the option of the Manager.

(b) Substitute employees that are regular District employees, when appointed through

regular certification procedure from the top three on the eligible list, shall carry full rights and privileges as regular employees. These employees shall not have any property interest in their substitute employment, however.

(c) An extra help appointment is one made to a non-permanent position established to

meet a peak-load or other unusual work situation.

(d) Extra help appointments are not regular appointments, need not be made from eligible lists and carry none of the rights or benefits of regular appointments, and will not be affiliated or represented by union. However, in the event that an extra help position is subsequently converted to a regular position, any continuing incumbent whose original appointment was made from one of the top three on the appropriate eligible list may be granted probationary status effective on the date of establishment of the regular position without further examination, regardless of the condition of the current eligible list.

(e) No person may receive pay in an extra help capacity in the same classification in

the same department for more than nine hundred sixty (960) hours in any fiscal year, unless otherwise approved by the District Manager.

(f) Extra help appointees in classes established for permanent positions are expected

to meet all minimum requirements, including any special requirements established for the class by state law, or any specialized educational or training requirements for professional or technical classes, as established in the official specifications for such classes.

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Sec. I-5.18 Provisional appointments.

(a) If there are urgent reasons for filling a position, and there are insufficient eligibles upon an appropriate employment list, the Manager may authorize a provisional appointment to fill the position pending the establishment of an employment list.

(b) The Manager shall approve any provisional appointee provided he/she meets

established employment standards for the class.

(c) No provisional appointment shall continue for more than thirty (30) days after an appropriate employment list has been established for the class; nor may any position be filled by provisional appointment or any person serve as a provisional appointee for more than six (6) months in any twelve (12) consecutive months.

(d) The period of provisional appointment shall not constitute a part of the

probationary period. Sec. I-5.19 Emergency appointments. Should an emergency require the filling of a vacancy and there are no eligibles immediately available, the Manager may make an emergency appointment of any person; but such emergency appointment may not continue for more than ten (10) working days. Such emergency appointment shall be reported to the Board of Directors not later than the next regular meeting of the board of directors. Sec. I-5.20 Probationary period. Appointments from open or promotional eligible lists in regular permanent positions shall be for a probationary period of at least six (6) months or any period not to exceed one (1) year of continuous services following appointment, during which the Manager shall investigate the conduct, performance, moral responsibility, and integrity of each employee and determine whether the employee is fully qualified for permanent status. A leave of absence without pay or with partial pay using leave accrual for one (1) consecutive week or more shall not be credited toward completion of the employee's probationary period. An employee who has attained permanent status in a classification in an alternate series after serving a one (1) year probationary period shall, upon promotion to a higher classification in the series, serve a probationary period of six (6) months. Employees shall not pass probation unless the District Manager provides in writing that they have satisfactorily completed their probation. After notifying the Union, a probationary period can be extended for up to a period of one-year from the date of initial appointment. Sec. I-5.21 Release during probation.

(a) During the probationary period, the appointee may be rejected at any time without the right of a hearing before the Manager as to original appointments, and with

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the right of such hearing as to probationary appointments following promotion, demotion, or transfer of employees with permanent status. If requested by the appointee, the Manager shall provide the appointee with a written statement of the reasons for his/her release; such request must be made within five (5) days of the appointee’s release. Said statement is for informational purposes only, and not for purposes of appeal. The Manager may restore a released probationer to the eligible list for certification to other departments if the reasons for his/her release appear limited to a single department.

(b) Probationary employees appointed to a higher class prior to attainment of

permanent status in the lower class shall have the right to a hearing before the Manager, provided the time served in both classes was sufficient to have attained permanent status in the lower class.

Sec. I-5.22 Permanent appointment. If, after thorough investigation during the probationary period, the Manager finds the probationer fully qualified for permanent status, he/she shall so certify not later than the last day of the probationary period. Failure of the Manager to so certify shall constitute automatic release of the probationer on the last day of his/her probationary period. Sec. I-5.23 Return to former class. As an alternative to appointment from any employment list, any current permanent employee, upon approval of the Manager, may be appointed without further examination to a position in any class in which regular status had formerly been acquired, or to any related class on a comparable level with the former class. Sec. I-5.24 Rights upon promotion. Any permanent employee who received a provisional or probationary promotion shall retain all rights and benefits as a permanent employee of his/her former class while in such provisional probationary status. These include the right to participate in promotional examinations, and the right to return to his/her former class if released while in such status. All such services shall count toward seniority credits in the employee's former class in the event the layoff procedure is involved.

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ARTICLE 6. PERFORMANCE REVIEW Sec. I-6.1 Plan required. The Manager shall establish and maintain a plan for reviewing the performance of employees in the classified service. Performance reviews provide a framework for setting and accomplishing organizational and individual goals and objectives. An effective review process lets employees know what is expected of them, how they are performing, and how they can improve and/or take advantage of growth and career opportunities. Sec. I-6.2 Uses. Performance review shall be considered in approving transfers, promotions, salary increases, demotions, discharges, reinstatements, reemployment, and other personnel actions. In addition, employee’s performance review shall be completed annually on all permanent employees regardless of the length of service. For probationary employees, a performance review shall be completed at the end of the probationary period. Supervisors are encouraged to conduct a performance review quarterly for probationary employees. Each performance review shall include an Employee Development Plan (EDP). The EDP is used to encourage the professional growth and development of District employees. The use of the EDP provides a means to document the employee’s development goals and to establish a plan that will help the employee achieve these goals through training or work experience. The development goals are goals focus on learning, support an increase in knowledge or skills, and promote improved performance and career development. Development goals can help employees stay current, hone their skill sets, and re-ignite their passion within an existing area of responsibility. The goals can also help employee develop a new set of skills and knowledge base in order to grow into a new area of responsibility. Sec. I-6.3 Procedure. Performance review shall be made periodically by the employee's immediate supervisor on approved forms and approved by department head and District Manager. Supervisor shall meet and discuss the written review or report with the employee. One copy of each report shall be provided to the employee and maintained by the District for its permanent records. Sec. I-6.4 Unsatisfactory performance. If performance review shows an employee's work to be below a satisfactory standard, the supervisor shall take appropriate steps to assist the employee in improving. Failure by the employee to show satisfactory improvement may be deemed just cause for discharge.

Employee’s performance review with an overall rating of “Needs Improvement” or “Unsatisfactory” are not eligible for promotion, or salary or “Step” increases, such increases may be extended for six (6) months interval until the employee’s performance review with an overall

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rating above “Unsatisfactory”. An employee’s performance review with an overall rating of “Meets or Exceeds Job Standards” or “Outstanding” is eligible for promotion or salary or “Step” increase. Sec. I-6.5 Appeals. Performance review may be appealed in accordance with the following procedures:

(a) If an employee is not satisfied with any aspect of a performance review, he/she shall have a right to an informal hearing before the department head.

(b) Any decision of the department head shall be final.

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ARTICLE 7. TRAINING Sec. I-7.1 Authorized. The Manager may determine training programs and classes necessary or desirable to increase the efficiency of the District service and its employees. As appropriate, the Manager may meet with the Union to discuss existing or proposed in-service training programs for employees. Such training, when closely related to employee's official duties, may, with the consent of the Manager, be taken entirely or partly during hours of work. Sec. I-7.2 Benefits for trainees. Employees who satisfactorily complete in-service training, which directly relates to their current duties and improves their work performance, may receive credit for such training in consideration for salary increases and promotions. Employees who satisfactorily participate in training classes not directly related to their current duties but which fit them for positions of greater skill or responsibility shall receive credit for such training in promotional examinations and in consideration for transfers to more responsible positions. Sec. I-7.3 Certificates of competency. The District shall pay an employee's application and renewal fees for any certificates of competency issued by the California Water Environment Association, or by Department of Consumer Affairs – board for Professional Engineers, Land Surveyors, and Geologists, and required by the District.

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ARTICLE 8. DISCIPLINARY ACTIONS

Sec. I-8.1 Authorized. The Manager may suspend, demote, or dismiss any employee subject to appeal rights of employees with permanent status or employees serving in a promotional probationary capacity. Probationary employees on original appointments, at will employees and employees in non-regular or non-permanent positions shall not have any appeal rights. Sec. I-8.2 Causes of suspension, demotion, or dismissal. The following list of causes is provided as a guide to both supervisors and employees as to what may constitute proper basis for disciplinary action. It is not an all-inclusive list in that the Manager may institute disciplinary action for any other activity which he/she deems just cause for such action.

(a) Causes relating to performance of duties:

(1) Violation of the District ordinance code, merit system rules and regulations, and written and published departmental rules and policies that do not conflict with this article.

(2) Violation of safety rules.

(3) Inefficiency, incompetence, or negligence in the performance of duties, including failure to perform assigned tasks or failure to discharge duties in a prompt, competent, and responsible manner.

(4) Physical or mental incapability for performing duties.

(5) Brutality in the performance of duties.

(6) Refusal to accept a reasonable and proper assignment from an authorized supervisor; insubordination.

(7) Possession of alcoholic beverages, illegal/unauthorized drugs or being

intoxicated on duty.

(8) Careless, negligent, or improper use of District property, equipment, or funds, including unauthorized use for private purposes or involving damage or risk of damage to property.

(9) Acceptance of gifts in exchange for “favors” or “influence” or under

circumstances that would tend to compromise the effective discharge of duties.

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(10) Failure to maintain satisfactory and harmonious working relationships with the public and other employees.

(11) Absence without leave, see Chapter II, Article 9, Leave Provisions.

(12) Habitual pattern of failure to report for duty at the assigned place and time.

(13) Habitual improper use of sick leave privileges.

(14) Unauthorized release of confidential information as defined by law from

official records.

(15) Falsifying records.

(b) Causes relating to personal conduct detrimental or prejudicial to public service:

(1) Guilty of misconduct, or conduct unbecoming a District officer or employee which tends to discredit the District or District service.

(2) Fraud in securing appointment.

(3) Incompetency.

(4) Inefficiency.

(5) Inexcusable neglect of duty.

(6) Insubordination.

(7) Dishonesty.

(8) Drunkenness or intoxication on duty.

(9) Intemperance.

(10) Addiction to the use of controlled substances.

(11) Inexcusable absence without leave.

(12) Conviction of a felony or conviction of a misdemeanor involving moral turpitude. A plea or verdict of guilty, or a conviction following a plea of nolo contendere, to a charge of a felony or any offense involving moral turpitude is deemed to be a conviction within the meaning of this section.

(13) Discourteous treatment of the public or other employees.

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(14) Improper political activity.

(15) Willful disobedience.

(16) Misuse of District property.

(17) Violation of any District rule.

(18) Any negligence or recklessness on duty.

(19) Discrimination, harassment or retaliation.

(c) Engaging in incompatible employment. As determined by the District Manager, any employee who directly or indirectly engages in incompatible employment or serves a conflicting interest shall be subject to suspension, demotion, or dismissal.

Sec. I-8.3 Determining degree of seriousness of offense. (a) In determining the degree of seriousness of an offense that is a cause of

suspension, demotion, or dismissal, the Manager shall consider:

(1) The nature and extent of the specific act in terms of its effect upon the functions of the District.

(2) Damage to public interest or welfare.

(3) Whether or not a reasonable period has elapsed since a prior offense.

(4) Whether or not the employee’s continued presence on the job creates a hazard to himself/herself, his/her co-workers, and/or the public.

(b) The decision to suspend, demote, or dismiss depends on the seriousness of the

offense. A suspension of not more than thirty (30) days may be set by the Manager.

Sec. I-8.4 Counseling for unsatisfactory performance.

(a) In the event that an employee’s performance or conduct is unsatisfactory or needs improvement, informal counseling shall be provided by the employee’s first level supervisor. Documentation of such counseling shall be given to the employee within a reasonable period of time after such documentation becomes available. Such documentation shall not be placed in an employee’s personnel file. Depending upon the extent of the unsatisfactory performance, the discipline process above may be initiated instead of the counseling process described herein.

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(b) If, after counseling, an employee’s performance or conduct does not improve, and disciplinary action could result, a written report shall be prepared by the supervisor including specific suggestions for corrective action, if appropriate. A copy shall be given to the employee within five (5) working days after preparation of the report and a copy filed in his/her personnel file. Provided that no additional report has been issued during the intervening period, each report shall be removed from the employee’s file at the end of two (2) years. Employees shall have the right to grieve the factual content of such reports or attach a written response to the report for inclusion in their personnel file.

(c) In cases of unsatisfactory performance relating to the inefficiency, incompetence,

or negligence in the performance of duties, the Manager must notify the employee in writing. If the employee’s performance improves, and no further action is contemplated, the written performance evaluation report shall be removed from the employee’s personnel file at the end of two (2) years provided no additional performance evaluation report has been issued during the intervening period. Employees shall have the right to grieve the factual contact of such reports or attach a written response to the report for inclusion in their personnel file.

(d) Where it appears that an employee’s continued presence on the job creates a serious and immediate danger to himself/herself, his/her co-workers, and/or the public, the employee’s supervisor and/or the District Manager need not provide informal counseling, written reports, and/or written evaluation reports prior to the initiation of disciplinary action.

Sec. I-8.5 Dismissal, demotion, or suspension for cause. The District Manager may take disciplinary action for cause against any employee with permanent status in regular position. This does not include Probationary employees on original appointments, at will employees and employees in non-regular or non-permanent positions. Disciplinary action shall include suspension, demotion, or discharge. Sec. I-8.6 Notice of disciplinary action for cause. At the direction of the District Manager, written notice of the proposed disciplinary action must be served on the affected employee in person or by registered mail setting a date, time and place for the employee and/or his/her representative to respond to the charges if he/she elects to do so. The notice shall be included in the employee’s personnel file.

(a) The Skelly meeting shall be set at least five (5) working days following the notice to the employee to provide the employee an opportunity to respond.

(b) The notice shall contain the maximum penalty that may be imposed.

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(c) The notice shall set out in detail the reasons for the proposed disciplinary action including factual information so that the employee is able to determine the exact misconduct charged.

(d) The notice shall advise the employee of his/her right to respond to the charges

either orally or in writing.

(e) The notice shall advise the employee of his/her right to representation. (f) The notice shall advise the employee that discipline may be imposed whether or

not he/she responds to the charges.

(g) The notice shall include all materials upon which the proposed disciplinary action is based.

Sec. I-8.7 Exceptions to pre-disciplinary notice.

(a) In cases involving suspension of five (5) days or less where the suspension is the first such suspension within a one-year period notice may be served on the employee in person or by registered mail during the suspension period or within five (5) working days after the suspension is terminated.

(b) Where it appears that an employee’s continued presence on the job creates a

serious and immediate danger to himself/herself, his/her co-workers, and/or the public, the notice need not be given prior to the disciplinary action becoming effective. However, such notice must be given to the employee within five (5) working days after the date the disciplinary action becomes effective.

Sec. I-8.8 Employee failure to respond. If the employee fails to answer the notice within the time specified or, after answer, withdraws his/her answer, the disciplinary action taken by the District shall be final. Sec. I-8.9 Disciplinary hearing. Whenever an answer is filed to a notice of disciplinary action the District Manager shall within a reasonable time hold an informal Skelly hearing.

Sec. I-8.10 Hearing decision letter. The decision of the District Manager shall be in writing and contain findings of fact and the disciplinary action, if any. A copy of the decision shall be delivered to the employee personally or sent to the employee by registered mail within ten (10) working days after rendition of the decision.

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(a) Whenever the Manager revokes or modifies a disciplinary action and orders that the employee be returned to his/her position, he/she shall direct the payment of salary to the employee for such period of time as the Manager finds the disciplinary action was improperly in effect.

(b) Salary shall not be authorized or paid for any portion of a period of disciplinary action that the employee was not ready, able, and willing to perform the duties of his/her position, whether such disciplinary action is valid or not or the causes on which it is based state facts sufficient to constitute cause for discipline.

Sec. I-8.11 Appeals of disciplinary action. Any employee may appeal to the Board of Directors any action taken by the District Manager under this article by the filing of a written appeal with the Secretary of the Board of Directors within fifteen (15) working days of the delivery in person or by registered mail of the decision of the Manager. Upon the filing of such appeal, the Board or designee, shall within a reasonable time, hold a confidential hearing to consider the appeal. The Chairperson of the Board shall preside, or in his/her absence the Vice Chairperson shall preside. As an alternative, the Board may delegate the hearing to neutral hearing officer that shall render a recommendation to the Board for final determination.

Such hearing shall be conducted in accordance with the following procedure:

(a) Oral evidence shall be taken only on oath or affirmation.

(b) Each party shall have the right to be represented by a representative of his/her own choosing, or may elect to represent himself/herself; provided however that when an employee is to be represented by another person, the name of that person shall be made known to the District at least three (3) days prior to the scheduled hearing.

(c) Each party shall have these rights: to call and examine witnesses; to introduce exhibits; to cross-examine opposing witnesses or any matter relevant to the issues even though that matter was not covered in the direct examination; to impeach any witness regardless of which party first called him/her to testify; and to rebut the evidence against him/her. If the employee does not testify in his/her own behalf, he/she may be called and examined as if under cross-examination.

(d) The hearing need not be conducted according to formal rules of evidence and

witnesses. Any relevant evidence shall be admitted if it is the sort of evidence on which responsible persons are accustomed to rely in the conduct of serious affairs, regardless of the existence of any common law or statutory rule that might make improper the admission of such evidence over objection in civil actions. Hearsay evidence may be used for the purpose of supplementing or explaining other

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evidence, but shall not be sufficient in itself to support a finding unless it would be admissible over objection in civil actions. The rules of privilege shall be effective to the extent that they are otherwise required by statute to be recognized at the hearing, and irrelevant and unduly repetitious evidence shall be excluded.

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ARTICLE 9. PERSONNEL FILES Sec. I-9.1 Generally. The District shall maintain a personnel file for each employee. Employees shall have the right to review their personnel file or authorize review by their representative. No adverse material will be inserted into the employee's personnel file without prior notice to the employee. Employees may cause to be placed in their personnel files responses to adverse material inserted therein and a reasonable amount of correspondence originating from other sources directly related to their job performance.

In addition, employee personal information such as address, phone number, emergency contact, and personal email are maintained in the District personnel files. Employees are responsible to inform any changes to the human resources or update on the District’s ADP Payroll System. Unreported changes of address, marital status, etc. can affect the employee’s withholding tax and benefit coverage. An emergency contact or an inability to reach an employee during a crisis could cause a severe health or safety risk or other significant problem. Employees are responsible to inform their managers the specialized training or skills they acquired or may acquire in the future.

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CHAPTER II. PERSONNEL PRACTICES

ARTICLE 1. GENERALLY

Sec. II-1.1 Application of Chapter II. This chapter, or a portion of it, shall not apply to employees covered by a collective bargaining agreement or memorandum of understanding or contract between the District and a recognized employee organization or an employee when such agreement contains a provision relating to the same subject matter.

ARTICLE 2. LAYOFF PRACTICES

Sec. II-2.1 Seniority defined. Except as otherwise provided in Sections II-2.2 and II-2.5, seniority for purposes of layoff is defined as length of continuous paid employment within the classified service of the District. Seniority shall be retained, but shall not accrue, during any period of leave without pay. Sec. II-2.2 Transfer of prior agency service. If a function of another agency is transferred to the District, the seniority of workers who transfer with the function shall be computed, based upon the application of the definition of Sec. II-2.1 to each employee's prior service with the other agency. Sec. II-2.3 Changes to classes. To the extent possible, employees should not lose their rights under this Article because classes have been revised or retitled. Sec. II-2.4 Order of layoff. When one or more employees performing in the same class in the District are to be laid off, the order of layoff shall be as follows: (a) Provisional employees in inverse order of seniority. (b) Probationary employees in inverse order of seniority. (c) Permanent employees in inverse order of seniority. Sec. II-2.5 Notice of layoff.

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Employees subject to the provisions of this Article shall be given at least twenty (20) working days’ written notice prior to the effective date of layoff. An employee and/or representative, upon request, shall be afforded an opportunity to meet with the Manager to discuss the circumstances requiring the layoff and any proposed alternatives. The procedures of Sec. II-2.6 shall be applied prior to the effective date of the layoff. Sec. II-2.6 Reassignment in lieu of layoff.

(a) In the event of notice of layoff, any employee so affected will be allowed to transfer to a vacant position in the same classification in the District.

(b) In the event there are no vacant positions in the same classification in the District,

an employee will be offered a vacant position in any classification at the same or lower level in which permanent status had formerly been held. Upon entry into such vacancy, total service shall be computed as in Sec. II-2.6(c).

(c) In the event there are no vacancies as listed in (a) or (b), the employee shall have

the right, upon request, to be returned to any classification in the District at the same or lower level in which permanent status has formerly been held, and for which the employee has more total District seniority than the current incumbents in the former classification. The regular layoff procedure shall apply for any such incumbents when an employee is bumping to a former classification. For the purpose of computing total service in the new class, the employee shall be given credit for all time served in the class which the employee is leaving, plus any time previously served in the class to which the employee is being returned.

Sec. II-2.7 Layoff. In the event that an employee is not reassigned in lieu of layoff as provided in Sec. II-2.6, the employee shall be laid off. If an employee elects not to exercise the rights provided in Sec. II-2.6(c), he/she may be deemed to have been offered and to have declined such work. Sec. II-2.8 Reemployment list. The names of such probationary and permanent employees reassigned or laid off in accordance with Sections II-2.6(b), II-2.6(c), or II-2.7 of this Article shall be entered upon a reemployment list in inverse order as specified under Sec. II-2.4. The person standing highest on a reemployment list for a particular classification when a vacancy exists in that classification in the District shall be offered the appointment. Employees on reemployment lists shall retain the right to take promotional exams and/or receive promotional preference on examinations. Sec. II-2.9 Temporary work for laid off employees. Interested employees who are placed upon the reemployment lists due to layoff and who elect to be available for temporary work shall be given preference for such work in the

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classification from which they were laid off. The election to be available for temporary work must be made at the time of layoff. Employees may decline to be available for temporary work or may decline such work itself without affecting any rights under this Article. Sec. II-2.10 Names dropped from reemployment list. No name shall be carried on a reemployment list for a period longer than two (2) years, and the names of persons reemployed in a permanent position within the same classification shall, upon such reemployment, be dropped from the list. Refusal to accept the first offer of reemployment within the same classification, shall cause the name of the person to be dropped from the reemployment list. Sec. II-2.11 Rights restored. Upon reemployment of an employee from a reemployment list, all rights acquired by an employee prior to his/her placement on such list shall be restored.

ARTICLE 3. RESIDENCE Sec. II-3.1 Residence. No employee holding a position in the District service shall be required to maintain residence within the District, except where specifically required by state law.

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ARTICLE 4. COMPENSATION Sec. II-4.1 Basic pay plan. The basic pay plan consists of the salary ranges and the assignment of classes to such ranges as provided in the memorandum of understanding or salary plans or employment contract. Each employee shall be paid within the range of his/her class according to the following provisions, unless otherwise provided in the memorandum of understanding or salary plans or employment contract:

Salary Steps – non-exempt employees are paid according to salary steps, with each step given after satisfactory completion of the prerequisite period of time spent in each step:

(a) The first step in each range is the minimum rate and shall normally be the hiring rate for the class. In cases where it is difficult to secure qualified personnel or a person of unusual qualifications is engaged, the Manager may approve the appointment at the second, third, fourth, or fifth step.

(b) The second step shall be paid after the accumulation of at least six (6) months of competent service at the first step and upon satisfactory completion of the probation period and received a performance review with an overall rating of “Meets Job Standards” or better.

(c) The third step shall be paid after the accumulation of twelve (12) months of

competent service at the second step and received a performance review with an overall rating of “Meets Job Standards” or better.

(d) The fourth step shall be paid after the accumulation of twelve (12) months of

competent service at the third step and received a performance review with an overall rating of “Meets Job Standards” or better.

(e) The fifth step shall be paid after the accumulation of twelve (12) months of

competent service at the fourth step and received performance review with an overall rating of “Meets Job Standards” or better.

(f) Certificates of competency may be required for step salary increases as specified

in the class specifications.

(g) Salary adjustments shall be made on the first day of the pay period in which the required accumulation of months of competent service occurs.

Employees in the following classifications are paid within a broad range and do not have specific salary steps: Associate Civil Engineer

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Operations Supervisor Senior Accountant Senior Civil Engineer Director of Administration and Information Service Director of Engineering and Operations District Manager and Engineer Sec. II-4.2 Salaries. Specific salaries shall be as listed as Appendices to the applicable Memorandum of Understanding and effective the date as noted thereon for represented employees. Specific salaries shall be listed and updated on District’s website annually at the beginning of each fiscal year for all employees. Annual salary schedule shall be adopted by the Board of Directors. Sec. II-4.3 Effect of promotion, demotion, or transfer on non-exempt employee’s salaries. (a) Upon promotion, an employee's salary shall be adjusted as follows:

(1) An employee shall be placed at the same step in the new classification as the former step as long as the salary increase is ten percent (10%) or less.

(2) If placing an employee in the same step would result in more than ten

percent (10%) increase, the salary shall be adjusted to the step in the new range, which closest to ten percent (10%) increase in salary, or to the first step in the new range, whichever is greater.

(b) Notwithstanding the provision of Sec. II-4.1, upon demotion of an employee with

permanent status in his/her current class, his/her salary shall be adjusted to the highest step in the new class not exceeding the salary received in the former class.

(c) Upon transfer, the salary shall remain unchanged.

(d) Notwithstanding the provisions of Sec. II-4.1, no salary adjustment upon promotion, demotion, or transfer shall effect a loss of time acquired in the former salary step, and such time as was acquired in the former salary step shall be included in computing the accumulation of the required months of service for eligibility of the employee for further salary increases.

(e) In the event of a voluntary demotion required by a work-connected illness or

injury and a resulting disability, the salary of the employee shall be placed at the step in the salary range which corresponds most closely to the salary received by the employee as of the time of illness or injury. In the event that such voluntary demotion would result in a salary loss of more than ten percent (10%), the employee's new salary shall be set at the rate closest to, but not less than, ten percent (10%) below his/her salary as of the time of injury, even if retention in his/her former classification is required.

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Sec. II-4.4 Part-time salaries.

The salary ranges provided in the salary plans are for full-time service in full-time positions, and are expressed in dollars per the number of working days in a bi-weekly pay period. If any position is established on any other time basis, the compensation for such position shall be adjusted proportionately. Sec. II-4.5 Work out of classification.

Except where otherwise agreed upon in a memorandum of understanding or collective

bargaining agreement:

(a) When an employee is temporarily assigned work out of classification and into a higher salaried classification, the employee will receive pay consistent with the promotional pay procedure as set forth in Section II-4.3 commencing on the eleventh such working day, provided the employee has first accumulated a total of ten (10) working days of service which has been recorded and approved in that higher salary range position.

(b) The accumulation of ten (10) working days of service will not include holidays or sick leave absences.

(c) Upon the accumulation of ten (10) working days of service, an employee temporarily assigned work out of classification and into a higher salaried classification shall receive the higher pay for: (1) Holidays when the employee is assigned work out of classification the day

prior to and following the holiday;

(2) Sick leave absences when the employee is assigned work out of classification and while the absence is not relieved by the incumbent or by another employee assigned work out of classification in the same position.

(d) Work out of classification may be assigned to cover vacant positions after

standard provision for filling such vacancies have been followed and with approval of the Manager. The Manager shall consider appointment of employees under work out of classification provision before making a provisional appointment.

(e) During the recruitment process, work out of classification appointment shall not exceed nine hundred sixty (960) hours in a fiscal year.

Sec. II-4.6 Paychecks.

(a) Special warrants issued by the District to cover shortage errors of more than one hundred dollars ($100) in an employee's paycheck shall be provided to employees

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within two (2) working day after written notification of discrepancy to District. Shortage errors of one hundred dollars ($100) or less will be adjusted in the following pay period upon discovery.

(b) When an overpayment error occurs in employee's paycheck, the employee will repay the overpayment within the subsequent pay period. By mutual agreement, over payments of one thousand dollars ($1,000) or more may be spread out over the extend period of time.

(c) All District employees shall have their paycheck automatic deposited into their

bank account. In the event that an employee does not have a bank account, the District shall provide payment by way of check.

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ARTICLE 5. HOURS OF WORK, OVERTIME, PREMIUM PAY Sec. II-5.1 Hours of operations and timekeeping procedures. The District normally is open for business from 7:30 a.m. to 4:30 p.m., Monday through Friday. Employees will be assigned a work schedule based on operational needs. Employees’ work schedule may fluctuate based on District needs and will be assigned accordingly. If departments propose to change hours of operation pursuant to such guidelines, they shall first obtain the District Manager's authorization. Once the work schedule is assigned, an employee is expected to begin and end work according to that schedule. Any overtime work requires prior approval from a department head. Employees must record their actual time worked for payroll and benefit purposes. It is employees’ responsibility to sign their time record to certify the accuracy of all time recorded. Any errors on the time record should be reported immediately to the supervisor, who will attempt to correct the legitimate errors. Altering, falsifying, or tempering with time records is prohibited and subjects to employee discipline, up to and including termination.

Non-exempt employees may not start work until their scheduled starting time. Non-exempt employees must record the time work begins and ends, as well as the beginning and ending time of any departure from work for any non-work-related reason, on forms prescribed by District.

Exempt employees are required to record their daily work attendance and report full or

half day’s absence from work for reasons such as leaves of absence, sick, PTO, vacation, or compensatory time. Sec. II-5.2 Overtime work.

(a) For non-exempt employees, overtime is defined as time worked beyond forty (40) regular work hours in any workweek or beyond eight (8) regular work hours in any work day, depending on the number of hours in the duty shift to which the employee is assigned. Time for which pay is received but not worked such as vacation, sick leave, and authorized compensatory time off, will be counted towards the base period. Employees shall not be assigned irregular work hours to avoid the payment of overtime.

(b) When overtime work is assigned to non-exempt employees and is authorized by a

department head to be worked, compensation for such time worked shall be computed at the rate of one (1) and one-half (1/2) hours for every hour of overtime worked for the first four (4) hours beyond eight (8) hours in one (1) day, and at the rate of two (2) hours for all hours of overtime worked beyond twelve (12) hours in one (1) day, and shall be paid in cash or by compensatory leave. The accumulation of time off credit shall not exceed forty (40) hours; the balance in excess of forty (40) hours will be paid in cash to the employee in two (2) pay periods if the balance remains above forty (40) hours. All compensatory time off

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must be taken within twelve (12) months of the date the overtime was worked, and failure to take the compensatory time off shall result in the balance of accumulated time being paid in cash to the employee. In the event a department head does not provide compensatory time off during the mandatory time period, the employee may take compensatory time off as a matter of right immediately before the end of the pay period in which the compensatory time would be lost. Compensatory time balances shall be paid in cash on separation. An employee may elect in advance to receive compensatory time off credit in lieu of cash compensation for overtime. Use of time off credit must be scheduled and approved by the department head in the same manner as vacation [see Sec. II-8.1(a)].

(c) In the absence of a departmental agreement on the subject, overtime work assignments shall be distributed among employees in the same classification and applicable work unit as equally as practicable. Overtime work required beyond the regular eight (8) hours shall be offered first to the regular employees who normally work such assignments.

(d) Employees may not work outside of scheduled working hours, or during unpaid meal periods, without the prior written authorization of a department head. Employees must record all hours worked on their timesheets in increments of fifteen (15) minutes. Works hours shall be rounded up when an employee has worked half or more than half of the increment of reportable time and down when an employee has worked less than half of the increment of reportable time (i.e. record fifteen (15) minutes if work is more than seven (7) minutes, and record zero (0) minute if work is seven (7) minutes or less.)

(e) It is misconduct for an employee to fail to record all time worked and for a supervisor to discourage an employee from recording all time worked. Any employee who believes that he/she is not able to record all hours worked shall immediate notify the human resources department in writing. Violations of this rule may result in discipline, up to and including termination of employment.

Sec. II-5.3 Meal periods.

(a) Employees work more than five (5) consecutive hours in a workday shall be granted an unpaid, off-duty meal period not less than thirty (30) minutes nor more than one (1) hour, scheduled at approximately the mid-point of the workday. Employees work more than ten (10) consecutive hours in a day shall be granted a second unpaid, off-duty thirty (30) minutes meal period. If an employee works no more than twelve (12) hours, he/she can waive the second meal period, but only if the first one was not waived in any manner. Any waiver of the second meal period must be in writing and provided before the second meal period.

(b) Employees are responsible for scheduling their own meal period with their supervisors. The meal period should begin no later than the end of the fifth hour

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of work. For example, an employee who begins working at 8:00 a.m. must begin his/her meal period no later than 1:00 p.m. Employee are encouraged to take their meal periods; Employees are not expected to work during their meal periods. Employees required to be at work stations for eight (8) or more consecutive work hours shall have their meal during working hours.

(c) If non-exempt employee is assigned two (2) or more hours of overtime work contiguous to his/her regular work shift, is called in within three (3) hours of his/her scheduled quitting time, or if District schedules the start of a shift four (4) or more hours prior to 7:30 a.m., the District will reimburse the cost of the meal actually purchased and consumed by the employee, during the shift, to a maximum amount of twelve dollars ($12.00). Employee must submit a receipt for reimbursement. Employees shall be provided additional meals as above for every four-hour period of overtime completed thereafter.

Sec. II-5.4 Rest periods. Non-exempt employees who work three-and-one half (3-1/2) or more hours per day shall be granted and take a rest period of fifteen (15) minutes for every four (4) hours or major fraction thereof worked. For purposes of this policy, “major fraction” means any time greater than two (2) hours. So, if an employee works more than six (6) hours, but no more than ten (10) hours in a workday, he/she is provided two fifteen (15) minutes rest periods: one during the first half of the shift and second rest periods during the second half of the shift. If he/she works more than ten (10) hours but no more than sixteen (16) hours in a day, three fifteen (15) minutes rest periods are provided. Rest periods shall be considered as time worked for pay purposes. If a rest break is not taken, the employee is not entitled to an earlier quitting time or extended meal period. Sec. II-5.5 Lactation breaks. The District will provide a reasonable amount of break time for an employee who wishes to express breast milk for her infant child. If possible, the break time must run concurrently with rest and meal periods already provided to the employee. If break time cannot run concurrently with rest and meal periods, it will be unpaid. The District will make reasonable efforts to provide the use of a room or location other than a bathroom stall for the employee to express milk in private. This location may be the employee’s private office, if applicable. The District may not be able to provide additional break time if doing so would seriously disrupt operations. Please consult with human resources for any questions regarding this policy. Sec. II-5.6 Clean-up time. Non-exempt employees whose work causes their person or clothing to become soiled shall be provided with reasonable time and adequate facilities for clothing change and wash-up

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purposes at shift end. Sec. II-5.7 On-call pay.

(a) On-call is defined as the requirement to remain immediately available to report for duty to perform an essential service when assigned by a department head, subject to approval by the Manager. On-call duty is in addition to and distinct from the normal workweek. This section is not applicable to those situations where employees are recalled to work when not previously placed on an on-call status.

(b) Each department head, subject to approval by the Manager, shall designate which class(es) of employee(s) shall be subject to on-call duty.

(c) Non-exempt employees assigned to on-call duty shall receive, in addition to their regular salary, twenty dollars ($20.00) for each eight-hour shift, or substantial portion thereof, of assigned on-call duty. Employees assigned to on-call duty during holidays shall receive, in addition to his or her regular salary, thirty dollars ($30.00) for each eight-hour shift, or substantial portion, thereof, of assigned on-call duty.

(d) Mobile phone shall be provided to all employees when placed on on-call status.

Sec. II-5.8 Call-back pay. Non-exempt employees assigned to on-call duty and who are called out for a service request during their on-call shift shall receive a minimum of three (3) hours overtime for the call. If another service request is received during that three-hour period, an additional three-hour minimum will not apply. Such employees who are called out for a service request during their on-call shift between the hours of 9:30 p.m. and 6:59 a.m. shall receive a minimum of four (4) hours overtime for the call. If another service request is received during that four-hour period, an additional four-hour minimum will not apply. Sec. II-5.9 Night shift differential. "Night shift" means an assigned schedule of work hours after 5:00 p.m. and before 7:00 a.m. A premium for night shift of sixty-five cents ($0.65) an hour shall be paid to all District non-exempt employees for a night shift to which they are normally assigned, and a premium for night shift of one dollar ($1.00) an hour shall be paid to all District non-exempt employees for night shift work to which they are not normally assigned, irrespective of classification, pay level, overtime status, holiday work, or other wage variations. The night shift premium shall be allowed to an employee on any leave of absence with pay while assigned to a regularly-scheduled night shift and the employee is returning to a night shift schedule immediately following the leave of absence with pay. The night shift premium shall not be allowed in computing payments at time of termination.

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Sec. II-5.10 Split shift pay. A non-exempt employee who is performing services upon a split shift shall be paid an additional three dollars and sixty cents ($3.60) per day. "Split shift" is defined as eight (8) hours of work which are not completed within any nine (9) consecutive hours in a work day. Sec. II-5.11 Grade certification pay. A non-exempt employee who earns a California Water Environment Association grade certification over the minimum required for his/her classification shall receive, in addition to regular salary, a premium of twenty-five dollars ($25.00) per month for the first additional certification and five dollars ($5.00) per month for each additional certification. Sec. II-5.12 Professional Engineer Registration Bonus. A one-time bonus of one thousand dollars ($1,000.00) will be paid to any engineering department employee who obtains his or her professional engineering license while employed at the District, on the condition that the employee has been a full-time employee of the District for one (1) year preceding the award and remains in District employment for one (1) year following receipt of the award. The award will be deducted from employee’s last paycheck if the employee departs from the District employment without fulfilling the one-year requirement. Sec. II-5.13 Temporary work location. When an employee is assigned to work at a location different from his/her regularly assigned work location, he/she shall be allowed to travel on District time to that work location. Time allotted for travel shall be based on distance to and from his/her regular work location and the temporary work location. The District will either supply transportation for such travel or shall pay mileage based on the above distances. The District assumes no obligation to the employee who for self-convenience voluntarily reports to other than the regularly assigned work location. Sec. II-5.14 Travel time for non-exempt employees

Non-exempt employees are paid for travel time in accordance with federal law. (a) Out-of-Town Trips for one (1) Day – Non-exempt employees who travel out of

town for a one-day assignment will be paid for all travel time, except for, among other things: (i) time spend traveling between the employee’s home and the local railroad, bus, or plane terminal; and (ii) meal periods.

(b) Local Travel – Non-exempt employees will be compensated for time spent

traveling from one job site to another job site during a workday. The trip home, however, is non-compensable when an employee goes directly home from his/her final job site, unless it is much longer than his/her regular commute home from

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the regular worksite. In such case, the portion of the trip home in excess of the regular commute is compensable.

(c) Commuting Time – Under the Portal to Portal Act, travel from home to work and

from work to home is generally non-compensable. However, if a non-exempt employee regularly reports to a worksite near his/her home, but is required to report to a worksite farther away than the regular worksite, the additional time spent traveling is compensable.

Sec. II-5.15 Safe harbor policy for exempt employees.

It is the District’s policy and practice to accurately compensate employees and to do so in

compliance with all applicable state and federal laws. To ensure that employees are paid properly and that no improper deductions are made, employees must review their pay stubs promptly to identify and report all errors. Exempt salaried employees will receive a salary, which is intended to compensate for all hours worked for the District. This salary will be at the time of hire or when the employee becomes classified as an exempt employee. While it may be subject to review and modification from time to time, such as during performance review, the salary will be a predetermined amount that will not be subject to deductions for variations in the quantity or quality of the work performed.

Sec. II-5.16 Exempt employee pay practices.

(a) Under federal and state law, exempt employees’ salaries are subject to certain deductions. For example, unless state law requires otherwise, salaries can be reduced for the following reasons:

(1) Full-day or partial-day absences for personal reasons.

(2) Full-day or partial-day absences for sickness or disability.

(3) Full-week disciplinary suspensions for infractions of our written policies

and procedures.

(4) To offset amounts received as payment for jury and witness fees or military pay.

(5) The first or last week of employment in the event the employee works less

than a full week.

(6) Any full workweek in which employee does not perform any work. (b) An employee’s salary may also be reduced for certain types of deductions such as

portion of health, dental, or life and voluntary insurance premiums; state, federal or local taxes; social security; or contributions to a deferred compensation and/or pension plan.

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(c) In any workweek in which employee performed any work, the salary for exempt

employees will not be reduced for any of the following reasons:

(1) Partial day absences for personal reasons, sickness or disability less than 4 hours.

(2) Absence on a day because the District has decided to close a facility on a

scheduled workday.

(3) Absences for jury duty, attendance as a witness, or military leave in any week in which employee has performed any work.

(4) Any other deductions prohibited by state or federal law.

(5) However, deductions may be made to accrued leave for full- or partial day

absences for personal reasons, sickness, or disability.

(d) If the employee believes he/she has been subject to any improper deductions, the employee should immediately report the matter to his/her supervisor. If the supervisor is unavailable or if it is inappropriate to contact that person (or the employee has not received a prompt and fully acceptable reply), the employee should immediately contact the human resources or any other supervisors in the District with whom he/she feels comfortable.

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ARTICLE 6. PROTECTIVE CLOTHING Sec. II-6.1 Providing protective clothing.

(a) District shall provide the necessary protective clothing to employees and classifications pursuant to such requests by the employees affected as provided by law under Cal-OSHA, Title 8, Subchapter 7, Article l0. The District shall pay the cost of repairing or replacing the clothing and equipment of District employees which has been damaged, lost, or destroyed in the line of duty when the following conditions exist:

(1) The clothing or equipment is specifically required by the department or

necessary to the employee to perform his/her duty; and not adaptable for continued wear to the extent that they may be said to replace the worker's regular clothing; or

(2) The clothing or equipment has been damaged or destroyed as part of the

employee's duties or in the saving of a human life; and

(3) The employee has not, through negligence or willful misconduct, contributed to such damage or destruction of said property.

(b) Claims for reimbursement shall be reviewed and approved by the Manager. (c) Reimbursement for safety shoes shall be calculated based upon terms agreed upon

in the applicable memorandum of understanding.

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ARTICLE 7. HOLIDAYS Sec. II-7.1 Legal holidays. The following shall be observed as holidays for full-time employees; non full-time employees are not entitled to paid holiday: (a) January 1st. (New Year's Day) (b) Third Monday in January. (Martin Luther King Day) (c) Third Monday in February. (Presidents' Day) (d) Friday afternoon before Easter. (four (4) hours holiday) (e) Last Monday in May. (Memorial Day) (f) July 4th. (Independence Day) (g) First Monday in September. (Labor Day) (h) September 9th. (Admission Day) (i) Second Monday in October. (Columbus Day)

(j) Veterans' Day -- to be observed on the date the State of California workers observe the holiday.

(k) Fourth Thursday in November. (Thanksgiving Day) (l) Friday following Thanksgiving Day. (m) December 24th. (Christmas Eve) (n) December 25th. (Christmas Day) (o) Other such holidays as may be designated by the Board of Directors. Sec. II-7.2 Observance. Employees shall enjoy the same number of holidays, regardless of variations in work weeks. Holidays which fall on Sunday are observed on the following Monday. Holidays which fall on Saturday shall be observed on the preceding Friday. Holidays which fall during a vacation period or when an employee is absent because of illness shall not be charged against the employee's vacation or sick leave balance. Sec. II-7.3 Holiday work. If holiday work is assigned and authorized by the department head, such time worked by regular employees shall be paid in cash or compensatory time at a rate of one (1) and one-half (1/2) times the regular hourly rate, and at the rate of two times the regular hourly rate for any hours beyond eight (8) hours during any holiday, including premium pay for night shift work, plus any holiday pay to which the employee is entitled. Holiday work if authorized shall be offered first to regular employees within the work unit. No employee may elect to work a holiday that falls on the employee's normal day off.

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ARTICLE 8. VACATIONS Sec. II-8.1 Vacation earnings. Each full-time employee shall be entitled to an annual paid vacation. Vacation is earned on an hourly basis. For purposes of this Article, a day is defined as eight (8) work hours. During the first year of continuous service, vacation shall be computed at the rate of ten (10) working days per year.

Beginning with the second year of continuous service, vacation shall be computed at the rate of twelve (12) working days per year.

Beginning with the fifth year of continuous service, vacations shall be computed at the rate of sixteen (16) working days per year.

Beginning with the tenth year of continuous service, vacations shall be computed at the rate of eighteen (18) working days per year.

Beginning with the fifteenth year of continuous service, vacations shall be computed at the rate of twenty (20) working days per year.

Beginning with the twentieth year of continuous service, vacations shall be computed at the rate of twenty-two (22) working days per year.

(a) Insofar as possible, vacations shall be granted at the time requested by the employee. In case of conflict, employees shall be given preference on a first come first serve basis.

(b) In the event the employee does not take all the vacation to which he/she is entitled

in the succeeding twenty-six (26) pay periods, he/she shall be allowed to carry over the unused portion, provided that he/she shall not accumulate more than two hundred fifty-six (256) hours for employees with service from one to five (1-5) years, two (2) years' vacation earnings for employees with more than five (5) years of District service, or three (3) years’ vacation earnings for unrepresented executive managers except:

(1) When absent on full salary due to work-related compensation injury which

prevents his/her reducing his/her credits to the maximum allowable amount; or

(2) In the case of inability to take vacation because of extreme emergency

such as fire, flood, or other similar disaster, an additional accumulation may be approved by the Manager.

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(c) In the event the department head does not provide vacation for an employee sufficient to reduce his/her accumulated vacation balance to the amount permitted, the employee may take vacation as a matter of right immediately before the end of the pay period in which vacation could be lost, not to exceed one (1) year's earnings. The balance of the employee's accumulated vacation shall remain to his/her credit.

(d) A person who terminates employment shall be paid the monetary value of the

earned vacation as of the actual date of termination of employment.

(e) Vacation accrual will be ceased or prorated if employee is integrating accrual leaves while on leave for any purposes, such as but not limited to medical, disability, worker’s compensation, leave without pay, etc.

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ARTICLE 9. LEAVE PROVISIONS Sec. II-9.1 Personal business/belief days for full-time employees.

(a) On the first pay period of the fiscal year, each employee shall be credited with twenty-four (24) hours of personal leave.

(b) An additional eight (8) hours shall be credited as personal day which will

normally be taken on the employee's birthday, but may be considered a "floating" leave day.

(c) Exempt employees shall be granted forty-eight (48) hours of administrative leave

per year. Such leave shall be credited on the first pay period of the fiscal year.

(d) Employees hired during the fiscal year will receive prorated hours of (a) personal leave and (c) administrative leave above in the first pay period. The number of hours credited will be based on the number of months for the remain of the fiscal year plus one (e.g. an exempt employee hired on March 15th will receive 4/12 of 24 personal leave and 48 administrative leave hours).

(e) All accumulated leaves in (a), (b), and (c) above must be used by the last pay period of the fiscal year for any lawful purpose he/she desires, provided such leave must be scheduled in advance with the supervisor except in cases of bona fide emergency. Upon termination of employment, unused leaves in (a), (b), and (c) above will not be included in monetary payout.

Sec. II-9.2 Paid sick leave for part-time, seasonal, extra-help, and temporary employees.

(a) Paid sick leave shall be credited at the first pay period each fiscal year or the beginning of employment for new employees, at the rate of twenty-four (24) hours for employees who work thirty (30) or more days within a fiscal year. An employee shall be entitled to use accrued paid sick leave beginning on the 90th day of employment, defined as the number of days worked, regardless of number of hours worked in a day. Employees who have not worked in a twelve (12) month period shall be considered a new employee for purpose of sick leave accrual and usage. Reference Resolution No. 15.06.16.

(b) No unused sick leave accrual shall be carried over to the following fiscal year or shall be paid upon termination, resignation, retirement, or other separation from District employment.

(c) Paid sick leave shall be taken in increments of not less than two (2) hours. (d) CalPERS retirees are not eligible for paid sick leave (reference AB304).

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Sec. II-9.3 Sick leave for full-time employees. (a) Each full-time employee shall be entitled to sick leave. Such leave shall be earned

on an hourly basis and computed at the rate of ninety-six (96) hours per year. Each employee shall be allowed to carry over his or her unused sick leave provided that such accumulation does not exceed one thousand (1,000) hours. Use of sick leave must be approved by the supervisor.

(b) Request for sick leave with pay for more than seven (7) working days in a

calendar year may require a statement from an accredited physician. Requests for medical notes for any absences under protected leave laws will be made consistent with the provisions of any such law if the law requires a reporting process that is difference than in the paragraph.

(c) An employee may use up to one-half of their yearly paid sick leave accrual to care

for an ill child, parent, parent-in-law, sibling, grandparent, grandchild, spouse, a registered domestic partner or a “designated person” if the employee has no spouse or registered domestic partner, as applicable, the employee has ten (10) work days to name her/her “designated person” and may change the designation annually with human resources department. Use of sick leave with pay for “kin care” of more than seven (7) working days in a calendar year may require a statement from an accredited physician.

(d) An employee who will be out of work due to the use of paid sick day must call in

and notify as early as possible, but at least prior to the start of the workday. (e) Sick leave pay-off provisions:

(1) On the first pay period of the fiscal year, employees shall be paid the monetary value of accumulated sick leave in excess of one thousand (1,000) hours.

(2) Upon resignation in good standing, unused sick leave will be paid off

according to the following schedule, based on length of service: For employees in their first through fifth year of service, unused sick leave will be paid off at twenty percent (20%) of equivalent cash value. For employees in their sixth through tenth year of service, unused sick leave will be paid off at twenty-five percent (25%) of equivalent cash value. For employees in their eleventh year or more of service, unused sick leave will be paid off at thirty percent (30%) of equivalent cash value.

(3) Upon retirement of classic member, as defined in PEPRA, unused sick

leave balances under one hundred (100) hours will be paid according to paragraph (e)(2) above. Unused sick leave balances between one hundred (100) and one thousand (1,000) hours, the entire balances will be converted to retirement service credit as described in an amendment to the

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District's contract with the California Public Employees Retirement System. Sick leave in excess of one thousand (1,000) hours will be paid off at one hundred percent (100%) of equivalent cash value.

(4) Upon retirement of PEPRA member, as defined in PEPRA, unused sick

leave balances up to one thousand (1,000) hours will be paid according to paragraph (e)(2) above. Sick leave in excess of one thousand (1,000) hours will be paid off at one hundred percent (100%) of equivalent cash value.

(f) All other rights to sick leave except as provided in paragraph (e) above shall be

cancelled upon an employee's separation from the District. An employee receiving a sick leave pay-off in accordance with paragraph (e)(2) above may, if reinstated within one (1) year, repay the full amount of sick leave pay-off received and have his/her former sick leave balances restored. Repayment in full must be made prior to reinstatement.

(g) If any employee on vacation becomes ill, he/she may convert vacation time to

sick leave with pay. (h) When an employee has exhausted all accumulated sick leave, he/she shall have

the option of using vacation, PTO, compensatory time or leave without pay for absences due to illness. The employee must notify the supervisor of employee's option prior to payroll action, otherwise vacation time will be used. When requested by the employee, District will restore vacation by making the appropriate payroll adjustment in the next payroll period.

(i) Sick leave, vacation, PTO, and compensatory time pay to which the worker is

entitled at the time of disability shall be integrated with state disability plan benefits until such pay is exhausted, unless at the time of submission of the claim the worker indicates in writing that he/she does not want such integration of payments to take place. This choice shall be binding for the entire period of each disability. The combination of all biweekly payments shall not exceed an amount equal to the worker's base hourly rate of pay times normal hours worked biweekly at the time of disability.

(j) Sick leave accrual will be ceased or prorated if employee is integrating accrual

leaves while on leave for any purposes, such as but not limited to medical, disability, worker’s compensation, leave without pay, etc.

Sec. II-9.4 Fitness for duty examination and compulsory leave.

(a) If any non-probationary employee is required by the Manager to participate in a

medical and/or fitness for duty examination not connected with pre-existing or existing industrial injury to determine if he/she is incapacitated for work, the following provisions will apply and will be given to the employee in writing:

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(1) Before making a decision, the physician designated by the Manager will make a concerted effort to consult with the employee's personal physician and will advise him/her of this procedure.

(2) If the employee's personal physician agrees with the decision of the

physician designated by the Manager, the decision is final.

(3) If the physicians disagree, and the employee so requests, they will select a third physician whose determination will be final. Cost for such examination by the selected physician shall be borne by the District.

(b) The Manager may require an employee who has been formally charged in a court

of competent jurisdiction with the commission of any felony or of a misdemeanor involving moral turpitude, provided said crime is related to the employee's employment status, to take a compulsory leave of absence without pay pending determination by way of a plea, finding or verdict at the trial court level as to the guilt or innocence of such employee.

(1) If there is a determination of innocence or the charges are dropped, the

employee shall be reinstated to his/her position with return of all benefits, including salary, that were due for the period of compulsory leave; subject, however, to appropriate disciplinary action if warranted under the circumstances. Any such disciplinary action may be imposed effective as of the commencement date of the compulsory leave imposed under this section.

(2) If there is a determination of guilt, the Manager may take appropriate

disciplinary action. If the action is a suspension and the suspension is for a shorter duration than the compulsory leave, the employee shall receive the difference between the compulsory leave and the suspension in salary and all benefits.

Sec. II-9.5 Military leave.

(a) The provisions of the Military and Veterans Code of the State of California and

the Federal Uniformed Services Employment and Reemployment Rights Act (USERRA) shall govern the military leave of employees of the District.

(b) Any regular or provisional employee shall be allowed time off with no loss in pay

for the time required to receive a physical examination or reexamination as ordered by provisions of a national conscription act or by any branch of the national or state military services.

(c) Refer to the District’s Military Leave Policy for compensation and benefits for

temporary and other-than temporary military leave.

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Sec. II-9.6 Time off for military spouse.

(a) An employee, on average, works at least twenty (20) hours per week is eligible to take leave for a period of up to ten (10) days while his/her spouse is home during a qualified leave period when his/her spouse is a qualified member of the United States Armed Forces, the National Guard or the Reserves. Qualify leave period is the period during which the qualified member is on leave from deployment during a period of military conflict. Qualified member means a member of the United States Armed Forces who is deployed during a period of military conflict to an area designed as a combat theater or combat zone by the President of the United States; or a member of the National Guard or the Reserve who is deployed during a period of military conflict.

(b) Required notice - within two (2) business days of receiving official notice that the employee’s spouse will be on leave, the employee must provide notice to the District of his/her intent to take time off for military spouse.

(c) Required documentation - the employee must submit documentation to the

District certifying that during his/her requested time off, the employee’s spouse will be on leave from deployment during a period of military conflict.

(d) Leave granted under this policy is unpaid. Employees may use accrued vacation,

PTO, or comp time for any period of unpaid leave. Sec. II-9.7 Leave without pay.

(a) Leaves of absence without pay may be granted to employees by the Manager for up to one (1) year. Extensions to leaves approved for less than one (1) year shall not unreasonably be denied provided adequate advance notice is given. If an employee wishes to return to work early from a leave of absence, he/she shall provide reasonable advance notice to the Manager. Leaves beyond one (1) year may be granted due to unusual or special circumstances. The following are approved reasons for such leave:

(1) Illness beyond that covered by sick leave. (2) Education or training which will benefit the District.

(3) Other personal reasons, which do not cause inconvenience to the

department.

(4) To accept other government agency employment.

(5) Paternity leave, not to exceed six (6) months.

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(b) Leaves of absence without pay for a maximum of five (5) working days each year may be granted employees for the purpose of transacting union business. This leave shall be in addition to time off allowed a union representative pursuant to a memorandum of understanding.

(c) A leave may be revoked by the Manager upon evidence that the cause for granting

it was misrepresented or has ceased to exist.

(d) An employee may elect to take vacation or leave without pay for an authorized absence. The employee must notify the supervisor of his/her option prior to commencement of leave action, otherwise vacation time will be used. When the authorized absence is less than a pay period and when requested by the employee, the District will restore vacation by making the appropriate payroll adjustment in the payroll period following employee's request. The Manager may assign leave without pay for an unauthorized absence.

(e) Maternity and other protected leaves of more than thirteen (13) pay periods, leave

of absence without pay of more than two (2) pay periods, and suspensions shall not be counted as time spent in a salary step in computing eligibility of the employee for further salary increases. All time spent on industrial injury leave shall be counted.

Sec. II-9.8 Pregnancy disability Leave.

(a) Employees disabled by pregnancy, childbirth or related medical conditions are eligible to take a pregnancy disability leave (PDL).

(b) Employees may request leave by notifying their supervisor or the human resources.

(c) Employees affected by pregnancy or a related medical condition are also eligible

to transfer to a less strenuous or hazardous position/duties, if such a transfer is medically advisable and can be reasonably accommodated. Employees disabled by qualifying conditions may also be entitled to other reasonable accommodation where doing so is medically necessary. In additional, if it is medically advisable for the employee to take intermittent leave or work a reduced schedule, the District may require the employee to transfer temporarily to an alternative position with equivalent pay and benefits that can better accommodate recurring period of leave.

(d) The PDL is for any period(s) of actual disability cause by a pregnancy, childbirth or related medical condition up to four (4) months per pregnancy. For purpose of this policy, “four (4) months” means time off for the number of days the employee would normally work within the four (4) calendar months (one-third (1/3) of a year, or seventeen point three (17.3) weeks or one hundred twenty-two (122) days), following the commencement date of taking a pregnancy disability

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leave. For a full-time employee who works five (5) eight-hour days per week, or forty (40) hours per week, “four (4) months” means eighty-eight (88) working and/or paid eight-hour days or six hundred ninety-two (692) hours of leave entitlement, based on an average of twenty-two (22) working days per month for seventeen point three (17.3) weeks in four (4) months times forty (40) hours per week. Employees working a part-time schedule will have their PDL calculated on a pro-rata basis.

(e) The PDL does not need to be taken in one continuous period of time, but can be

taken on an as-needed basis. (f) Time off needed for prenatal or postnatal care, severe morning sickness,

gestational diabetes, pregnancy-induced hypertension, preeclampsia, doctor-ordered bed rest, postpartum depression, loss or end of pregnancy, and recovery from childbirth or loss or end of pregnancy are all covered by PDL.

(g) To receive reasonable accommodation, obtain a transfer, or take a PDL, employee

must provide sufficient notice so the District can make appropriate plans – thirty (30) days advance notice if the need for the reasonable accommodation, transfer or PDL is foreseeable, otherwise as soon as practicable if the need is an emergency or unforeseeable.

(h) Employees are required to obtain a certification from her health care provider of

her need for pregnancy disability leave or the medical advisability of an accommodation or for a transfer. The certification should include:

(1) The date on which employee became disabled due to pregnancy or the

date of the medical advisability for a transfer;

(2) The probable duration of the period(s) of disability or the period(s) for the advisability of a transfer; and

(3) A statement that, due to the disability, employee is either unable to work at all or to perform any one or more of the essential functions of her position without undue risk to herself or to other persons; or a statement that due to the pregnancy, a transfer to a less strenuous or hazardous positon or duties is medically advisable.

(i) Upon request, the employee’s supervisor shall provide a medical certification

form that the employee can take to her doctor.

(j) As a condition of the employee’s return from pregnancy disability leave or transfer, the employee is required to obtain a release to return to work from her health care provider stating that she is able to resume her original job duties with or without reasonable accommodation.

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(k) An employee may use any accrued vacation or PTO or compensatory time as part of the PDL before taking the remainder of leave on an unpaid basis. Employee is required to use any available accrued sick leaves during the PDL. The substitution of any paid leave will not extend the duration of the PDL.

(l) Upon request, maternity leave without pay shall be granted to natural or adoptive

parents by the Manager for a period of up to six (6) months, coordinated with PDL. With notice no less than one (1) month prior to the conclusion of the leave, such leave may be extended up to one (1) year upon approval of the Manager within his/her discretion. An employee who is pregnant may continue to work as long as her physician approves.

(m) Employee should contact the California Employment Development Department

regarding her eligibility for state disability insurance for the unpaid portion of leave.

Sec. II-9.9 Leave to perform jury duty or to respond to a subpoena.

(a) An employee shall be allowed to take leave from his/her district duties without loss of wages, vacation time, sick leave or employee benefits for the purpose of responding to summons to jury selection or serving on a jury for which he/she has been selected, subject to the limitation that an employee shall receive paid leave to serve on a jury for which he/she has been selected not more than once during a calendar year and provided that he/she transfers to the District all compensation, other than the mileage allowance, which he/she receives as compensation by virtue of his/her performance of such jury duty. The employee is required to notify his/her department head when he/she has received a jury summons and when his/her jury service is completed.

(b) Nothing in this section shall prevent any District employee from serving on a jury

more than once per calendar year, provided, however, that such additional periods of absence from regular District duties as a result thereof shall be charged, at the option of such employee, to either accrued vacation time or leave without pay.

(c) No employee shall suffer loss of wages or benefits in responding to a subpoena to

testify in court if that employee is not a party to the litigation.

(d) In the event a night shift employee is called to court under the above provision, the following shall apply:

(1) Swing or PM shift shall have release time the day of court attendance;

time spent in court shall be deducted from the regular shift on that day with no loss of wages or benefits.

(2) Night or graveyard shall have release time prior to court attendance; and

that employee shall suffer no loss of wages or benefits.

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(e) For the purpose of this section, an employee who responds to a summons to jury

duty and who is not selected as a juror shall not be deemed to have performed jury duty and shall return to work as soon as possible.

Sec. II-9.10 Educational leave and tuition reimbursement.

(a) The District shall maintain an educational leave and tuition reimbursement program.

(b) Employees are eligible to participate in the program provided:

(1) The employee is not receiving reimbursement from any other government agency or private source.

(2) The training undertaken is related to the employee's occupational area or

has demonstrated value to the District.

(3) The application was filed with the Manager or his/her designee prior to the commencement of the course. Applications requiring time off must be filed with the Manager at least ten (10) working days prior to the commencement of the course.

(4) Substitute courses may be approved when approved courses are found to

be unavailable. (5) There are sufficient funds available in the program.

(c) Management may disapprove an application for tuition reimbursement provided:

(1) Notice of disapproval is given to the employee within ten (10) working days after receipt of the application.

(2) The District alleges disapproval is necessary because any of the provisions

above have not been met. When an employee disagrees with the disapproval and files a grievance, he/she shall be allowed to continue the course with time off as provided for in this section, except for denial based on paragraph b (5) above. If a final determination is made against the employee, time off shall be made up by working, charging vacation time or compensatory time, or payroll deduction, and tuition reimbursement shall not be paid. If a final determination is made supporting the employee, he/she shall be fully reimbursed in accordance with this section.

(d) Total reimbursement for each employee participating in the program will not

exceed one thousand dollars ($1,000) per fiscal year. Mileage and subsistence will not be authorized unless the training is required of the employee. Within the

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above limit, employees shall receive full immediate reimbursement for tuition and other required costs (including textbooks) upon presentation of a receipt showing such payment has been made.

(e) The employee shall sign a note which states that, upon receipt of reimbursement,

he/she authorizes:

(1) Deduction from his/her wages in the event he/she does not receive a passing grade of C or better.

(2) Deduction of fifty percent (50%) of the amount of reimbursement if he/she

leaves District employment within one (1) year after satisfactory completion of the course.

(3) Deduction of the full amount of reimbursement if he/she leaves District

employment before completion of the course.

(f) Employees taking a course available only during working hours must make up 50% of the time away from job. Make-up time may be deducted from the employee's accrued vacation, personal leave, or compensatory time balance. Make-up time will not be allowed when it results in the payment of overtime. A department will make every effort to allow the employee time off except where the payment of overtime will result. An employee and the appropriate level of management may mutually rearrange the duty shift beyond eight (8) hours but within the forty-hour work week for purposes of participating in non-duty education and/or training deemed by the District to be to the benefit of the employee and the District and such arrangement will be considered a waiver of Sec. II-5.2.

Sec. II-9.11 Bereavement leave. Leaves of absence with pay shall be granted employees in order that they may discharge the customary obligations arising from the death of a member of their immediate family. "Immediate family" shall mean the parent, step-parent, grandmother, grandfather, of the employee or of the spouse of the employee, and the spouse, domestic partner, son, step-son, son-in-law, daughter, step-daughter, daughter-in-law, brother, sister, grandchild, half-brother, half-sister, brother-in-law, or sister-in-law of the employee, legal guardian, or any person living in the immediate household of the employee. Up to five (5) days with pay shall be granted, with two (2) days chargeable to sick leave as the fourth and fifth day, if necessary. Sec. II-9.12 Absence without leave or failure to report. Absence without leave or failure to report, whether voluntary or involuntary, for five (5) consecutive working days is an automatic resignation from District employment, as of the last date on which the employee worked. An employee who is absent without leave or fail to report to the District may be reinstated to permanent employment if his/her reason for his/her absence

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was beyond his/her control, notice of reason for his/her absence is given within ten (10) days of the commencement of his/her absence, and the reason for the leave is permissible pursuant to Article 9. The absence of an employee reinstated pursuant to this section shall be considered as leave without pay unless the reason for his/her absence qualifies him/her for a different type of leave. Sec. II-9.13 Paid family leave benefits.

(a) An employee, who is off work to care for a child, spouse, parent, registered domestic partner with a serious health condition, or to bond with a new child, may be eligible to receive benefits through the California “Paid Family Leave” (PFL) program, which is administered by the Employment Development Department (EDD).

(b) The benefits are financed solely through employee contributions to the PFL program. That program is solely responsible for determining if an employee is eligible for such benefits.

(c) Employee needs to take time off work to care for a child, spouse, parent, or

registered domestic partner with a serious health condition or to bond with a new child must advise the human resources. Employee will be given information about the EDD’s PFL program and how to apply for benefits. Employees also may contact their local Employment Development Department for further information. An employee should maintain regular contact with the human resources during the time he/she is off work so the District may monitor his/her return-to-work status. In addition, an employee should contact the human resources when he/she is ready to return to work so the District may determine what positions, if any, are open.

(d) Employees taking time off work to care for a child, spouse, parent, or domestic

partner with a serious health condition or to bond with a new child are not guaranteed job reinstatement.

(e) An employee receives PFL benefits may integrate banked leave time hours with

the benefits. An employee must notify the human resources within one week of leave. The advantage of integration is to receive an amount as close or equal to the employee’s regular gross pay while on leave.

Sec.II-9.14 Time off for school related activities. Parents, guardians, or grandparents with school children from kindergarten through Grade 12, or who attend licensed child day care facilities, are provided unpaid time off (up to a maximum of eight (8) hours in one (1) calendar month and forty (40) hours in one (1) calendar year) to participate in school or day care activities. The District may require proof of an employee’s participation in these activities. Employees must provide reasonable advance notice to their supervisor before taking any time off under this policy. Parents, guardians, or

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grandparents with custody of school aged children who have been suspended also are allowed to take unpaid time off to appear at the school pursuant to the school’s request. Sec. II-9.15 Voting leave. In the event an employee does not have sufficient time outside of working hours to vote in a statewide election, the employee may take off sufficient working time to vote. This time should be taken at the beginning or end of the regular work schedule, whichever allows the most free time for voting and the least time off from work. An employee will be allowed a maximum of two (2) hours of voting leave on Election Day without loss of pay. Where possible, the supervisor should be notified of the need for leave at least three (3) working days prior to the Election Day.

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ARTICLE 10. BENEFIT PROGRAMS Sec. II-10.1 Worker's compensation.

(a) Every employee shall be entitled to industrial injury leave when he/she is unable to perform services because of any injury as defined in the Worker's Compensation Act.

(b) An employee who is disabled as a result of an industrial injury shall be placed on

leave, using as much of his/her accumulated compensatory leave, his/her accrued sick leave and vacation time as when added to any disability indemnity payable under the Worker's Compensation Act will result in a payment to him/her of not more than his/her full salary. The first three (3) days shall be charged to the employee's accrued but unused sick leave. If the temporary disability period exceeds fourteen (14) calendar days, temporary disability will be paid for the first three (3) days.

(c) Employee may choose to receive full paycheck (80 hours) using sick leave PTO, vacation, and/or compensatory time until leave time is exhausted. The payment from Worker’s Compensation program can be used to "buy back" the leave accrual using the pay rate at the time the “buy back” occurs. The combination of District’s paycheck and Worker’s Compensation pay cannot exceed the employee's normal gross pay.

(d) Employees required by their physician to undergo therapy or treatment due to an

industrial injury, while at work or following return from leave, may use District time if all of the following conditions are met:

(1) Treatments are being paid under Workers’ Compensation. (2) The therapy or treatment falls within the employee’s normal working

hours.

(3) Applies only to actual prescheduled treatment time and reasonable travel time.

(4) Employee provides a statement from the physician or treatment facility.

(e) Loss of, or damage to, an employee's clothing resulting from an industrial injury

which requires medical treatment will be replaced by the District through the following procedures:

The Manager will review and make recommendation on all such incidents as submitted in writing by the employee. Reimbursement will be limited to the lesser of:

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(1) The proven replacement cost, or (2) The repair cost.

Both of the above are limited by one hundred dollars ($100.00) maximum. (Nothing in this section is intended to replace or supersede Section II-6.1 which provides for replacement of items damaged, lost, or destroyed in the line of duty.)

Sec. II-10.2 Training for disabled employees.

(a) When an employee is determined by the District unable to return to the classification in which he/she held permanent status because of a work-connected illness or injury and does not elect a disability retirement, that employee will be offered vocational rehabilitation.

(b) If the employee meets all the qualifications for a particular position (this would

take into account his/her medical limitations, prior work experience, and skills) and an opening exists that involves a lateral transfer or demotion, the position shall be offered to the employee. If a transfer or demotion is accepted, the employee's salary shall be adjusted as provided in Chapter II, Article 4, Sec. II-4.3 (c) and (e).

(c) In those cases where the employee may not have the necessary prior experience or

all the required skills for a transfer or demotion to another position, but there is reasonable assurance that the employee will be capable of obtaining them through a designated formal on-the-job training program, the District will make reasonable efforts to place the employee in a training program.

(d) If, after a period on the job, it is demonstrated that the employee is unable to

develop the required skills, knowledge and abilities and/or cannot meet the physical requirements to handle the new position, he/she will be placed on a leave of absence and the placement process begins again.

(e) Any position which involves a promotion will call for the normal qualifying

procedures, written and/or oral examination. However, if it is found that an employee meets all the qualifications for a higher paying position and an eligibility list is already in existence, the employee shall be allowed to take a written and/or oral examination, and, if the employee qualifies, the employee's name will be placed on the eligibility list commensurate with his/her score.

(f) In those cases where the District is unable, for one reason or another, to place an

employee in any position, that employee's case will be referred to an accredited rehabilitation agency as approved by the State Division of Industrial Accidents for testing, counseling, and retraining at either the District's or State's expense.

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(g) The provisions of this section shall not apply if State legislation removes from the District the control of training for disabled workers.

Sec. II-10.3 Medical, dental, and vision plans. The District will contribute the monthly premium for employees’ medical, dental, and vision plans as agreed upon in the applicable memorandum of understanding or management benefits program. Sec. II-10.4 Group life insurance. See the specific program documentation for detail of the specific plan:

(a) Basic group term life insurance - District shall provide twenty-five thousand dollars ($25,000) coverage for all active hourly and salaried employees holding regular full-time positions.

(b) Supplemental life insurance - all active hourly and salaried employees holding

regular full-time positions are eligible to purchase supplemental life insurance. The District shall reimburse employees the cost of premium plus twenty-five percent (25%), up to seventy dollars ($70.00) per month for supplemental life insurance coverage, provided through the County of Santa Clara to the extend allowed by those plans. Supplemental life insurance shall be provided at no cost to the Director of Administration and Information Services, Director of Engineering and Operations, and District Manager.

(c) Accidental and dismemberment Insurance - all active hourly and salaried

employees holding regular full-time positions are eligible to purchase additional accidental and dismemberment insurance. Participation is voluntary. If an employee elects coverage, the biweekly premium will be deducted from the employee's paycheck.

Sec. II-10.5 Unemployment compensation. In the event of layoff (as set forth in Chapter II, Article 2), unemployment compensation will be provided in the situation and in the amount as set forth in the State Unemployment Insurance Program. Sec. II-10.6 Deferred compensation plan. The District will offer its employees a deferred income plan insofar as it can legally provide a plan. Sec. II-10.7 Disability insurance.

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(a) District shall provide employees with State Disability Insurance (SDI). District shall pay the premium for such insurance.

(b) State Disability Insurance may be integrated with sick leave or vacation. Within

one (1) week of being disabled from work, the employee or his/her representative must contact the District office to provide the following information; integration will begin from the point when election is made and will not be retroactive to the beginning of the leave:

(1) The date the disability or illness began;

(2) The estimated duration of the disability; (3) A phone number where the employee can be reached; (4) Whether or not the employee is planning to file for SDI;

(5) The election to integrate sick leave, compensatory time, and vacation pay with SDI benefits.

(c) A worker who is determined to be eligible to receive SDI shall be paid a bi-

weekly amount (accumulated sick leave, compensatory time, PTO, and vacation) which, when added to SDI benefits, shall equal his/her normal bi-weekly gross pay.

Sec. II-10.8 Long-term disability insurance. Long-term disability insurance is an income protection program which pays up to sixty-six and two-third percent (66 2/3%) of regular base wages in the event the disability lasts longer than sixty (60) days. All active hourly and salaried employees holding regular full-time positions are eligible to purchase long-term disability insurance. The District shall reimburse employees the cost of premium plus additional twenty-five percent (25%), up to twenty dollars ($20.00) per month for long-term disability coverage, provided through the County of Santa Clara to the extent allowed by those plans. This benefit shall be provided at no cost to the Director of Administration and Information Services, Director of Engineering and Operations, and District Manager. Sec. II-10.9 Dependent care assistance program. This program allows an employee to save tax dollars while converting part of their salary into tax-free benefits. An employee may elect payroll deduction and obtain reimbursement for dependent care expenses. Participation is voluntary. All employees, full-time or part-time, may participate in the program. Sec II-10.10 Health care flexible spending account program.

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This program allows an employee to save tax dollars while converting part of their salary into tax-free benefits. An employee may elect pre-tax payroll deduction and obtain reimbursement for medically necessary expenses not covered by insurance. Participation is voluntary. All employees, full-time or part-time, may participate in the program. Sec. II-10.11 Benefits during leave of absence. The following are summaries of coverages. Employee should consult with the human resources for details.

(a) Medical, dental, or vision plans – District shall pay the cost or prorated cost of the basic benefit package for regular full-time or part-time employees working thirty (30) hours or more while on paid/unpaid protected leave of absence for medical, maternity, or paternity leaves for a maximum of thirteen (13) pay periods per incident or per twelve (12) consecutive months. At the end of the period, employee may continue to self-pay the coverage under the COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985) program. An employee on leave of absence for military and work related injury or illness will be allowed to continue participating in the group health insurance plan in which he/she was enrolled before the first day of leave at the level and under the same conditions of coverage as if the employee had continued in employment for the duration of such leave until termination of employment.

An employee on suspension or personal leave of absence for more than two (2) pay periods without pay may continue their group health insurance coverage at their own expense in conjunction with the federal COBRA guidelines.

Unused medical cost contributed to the District deferred compensation program will be ceased or prorated if employee is integrating accrual leaves during paid/unpaid leave of absence period.

(b) Basic life insurance - District shall pay the cost for regular full-time employees while on paid/unpaid protected leave of absence for medical, maternity, or paternity leaves for a maximum of thirteen (13) pay periods per incident or per twelve (12) consecutive months. At the end of the period, employee may continue to self-pay for the duration of the leave. Coverage will end on the day before an employee enters the Armed Forces on active duty (except for temporary active duty of two (2) weeks or less). An employee on suspension or personal leave of absence for more than two (2) pay periods without pay may continue their basic life insurance coverage at their own expense, subject to terms and conditions of the insurance provider.

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(c) Supplemental life – coverage may be continued while on paid/unpaid protected leave of absence for medical, maternity, paternity, or worker’s compensation leaves for a maximum of twenty-four (24) months, maximum District paid benefit will be thirteen (13) pay periods per incident or per twelve (12) consecutive months. Coverage will end on the date an employee enters active duty in any armed service during a time of war (declared or undeclared). An employee on suspension or personal leave of absence for more than two (2) pay periods without pay may continue their supplemental life insurance coverage at their own expense, subject to terms and conditions of the insurance provider.

(d) Long-term disability insurance – coverage may be continued while on paid/unpaid

protected leave of absence for medical, maternity, paternity, or worker’s compensation leaves for a maximum of twenty-four (24) months, maximum District paid benefit will be thirteen (13) pay periods per incident or per twelve (12) consecutive months. Coverage will end on the date an employee enters active duty in any armed service during a time of war (declared or undeclared). An employee on suspension or personal leave of absence for more than two (2) pay periods without pay may continue their long-term disability insurance coverage at their own expense, subject to terms and conditions of the insurance provider.

(e) Accidental death and dismemberment – coverage may be continued while on paid/unpaid protected leave of absence for medical, maternity, paternity, or worker’s compensation leaves for a maximum of twenty-four (24) months or three (3) months for personal leave of absence, if the employee pays premium. Coverage will end after thirty (30) days full-time active duty in any armed service.

(f) Dependent care assistance program – depending on the reason and type of leave, contribution may be continued or changed during leave of absence. Please consult with human resources when a leave of absence is planned.

(g) Health care flexible spending account program depending on the reason and type of leave, contribution may be continued or changed during leave of absence. Please consult with human resources when a leave of absence is planned.

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ARTICLE 11. RETIREMENT

Sec. II-11.1 Defined benefit plan. District shall provide retirement plan through membership in the Public Employees' Retirement System of California (PERS). All current and new employees will be covered by the California Public Employees’ pension Reform Act of 2013 (PEPRA).

(a) Legacy or classic employees and non-new members – eligible employees who are employed by the District on or before December 31, 2012, and employees who are hired on or after January 1, 2013, and who are not considered to be a “new member” of PERS, as defined in PEPRA shall be in the two and one-half percent at age fifty-five (2.5% at age 55) Retirement Plan with a minimum retirement age of fifty (50) years and final compensation calculated on the highest average annual compensation earnable for twelve (12) consecutive months.

(b) New members – employees who are hired on or after January 1, 2013, and who are considered to be a “new member” of PERS, as defined in PEPRA shall be in two percent at age sixty-two (2% at age 62) Retirement Plan with a minimum retirement age of fifty-two (52) years and final compensation calculated on the highest average annual compensation earnable for thirty-six (36) consecutive months.

(c) The required employee contribution to PERS is based on the appropriate

memorandum of understanding, management benefits program and/or PEPRA. Sec. II-11.2 Retiree medical benefit.

Refer to District Policy Statement No. 8, Post-Retirement Health Insurance Benefits, for the terms and conditions of retiree medical benefit.

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ARTICLE 12. USE OF PRIVATE VEHICLES AND MILEAGE PAYMENT Sec. II-12.1 Use of private vehicles.

(a) No employee shall be required as a condition of obtaining or continuing District employment, to possess or provide a private vehicle for use in connection with his/her District employment. Use of District vehicles shall be in accordance with District policies and regulations.

(b) Department heads may authorize the use of private vehicles by their department

employees, with each department maintaining a continuous listing of those employees authorized to use their private vehicles. Each employee so authorized shall have completed applicable District authorization forms, defensive drivers training, and proof of insurance. Employees not having completed such requirements and thereby not on the listing shall be neither required nor authorized to use their private vehicles.

(c) An employee whose vehicle is damaged in a collision with another vehicle while

driving a personal vehicle on District business shall, following the approval of the Manager, be reimbursed for such damage not to exceed one hundred fifty dollars ($150.00) provided:

(1) The driver of the other vehicle is responsible for the accident as verified

by a police report, and the damages shall be unrecoverable from the other party by reason of lack of liability insurance; or

(2) The damage is caused by a hit-run or unidentified driver, as verified by a

police report; or

(3) The amount of damage to be reimbursed by the District is not recoverable under any policy or insurance available to the employee. The District shall be subrogated to the employee's rights of recovery from the responsible party.

Sec. II-12.2 Reimbursement for use of private vehicle. Any employee required to travel on business for the District and who has been duly authorized to use and does use a privately-owned automobile shall be allowed and paid a traveling expense for the actual miles traveled exclude commute miles during any calendar month at the rate of the current Internal Revenue Service allowance. Sec. II-12.3 District business expenses and travel.

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Employees who are required, in performance of their duties, to attend business functions shall be reimbursed for expenses incurred. Refer to the District’s Travel Policy and Expense Reimbursement Policy for details.

ARTICLE 13. SAFETY

Sec. II-13.1 Generally. The District necessarily abides by safety standards established by the State Division of Industrial Safety and pursuant to the Occupational Safety and Health Act. Refer to the District’s Injury/Illness Prevention Program for details.

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ARTICLE 14. GRIEVANCE PROCEDURE

Sec. II-14.1 Generally. The District recognizes early settlement of grievances is essential to sound employee-employer relations. The District seeks to establish a mutually satisfactory method for the settlement of grievances of employees and the District. In presenting a grievance, the aggrieved and/or his/her representative is assured freedom from restraint, interference, coercion, discrimination, or reprisal. Sec. II-14.2 Grievance defined.

(a) A grievance is defined as an alleged violation, misinterpretation, or misapplication of the provisions of Merit System Rules, Personnel Practices, memorandums of understanding, or other District ordinances, resolutions, policy and/or procedure manuals, or alleged infringement of an employee's personal rights (i.e. discrimination and harassment) affecting the working conditions of the employee, and except as excluded under the following paragraph (b).

(b) Matters excluded from consideration under the grievance

procedure include: (1) Probationary release of employees; (2) Position classification;

(3) Work distribution;

(4) Merit System examinations; (5) Items requiring capital expenditure.

Sec. II-14.3 Grievance presentation. Employees shall have the right to present their own grievance or do so through a representative of their own choice. Grievances may also be presented by a group of employees, by the union, or by the District. No grievance settlement may be made in violation of an existing rule, ordinance, or memorandum of understanding, nor shall any settlement be made which affects the rights or conditions of employees represented by the union without notification to and consultation with the union. Sec. II-14.4 Informal resolution/time limits. Employees will be encouraged to act promptly through informal discussion with their immediate supervisor on any act, condition, or circumstance which is causing employee

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dissatisfaction, and to seek action to remove the cause of dissatisfaction before it serves as the basis for a formal grievance. Time limits may be extended or waived only by written agreement of the parties. If as a result of such action the parties are unable to reach agreement on an appropriate remedy, the matter may be referred to the Manager, as provided below. Sec. II-14.5 Formal grievance.

(a) Within ten (10) working days of the occurrence or discovery of an alleged grievance, the grievance shall be presented in writing to the Manager. The grievance form shall contain information, which identifies:

(1) The aggrieved; (2) The specific nature of the grievance;

(3) The time or place of its occurrence;

(4) The rule, law, regulation, or policy alleged to have been violated, improperly interpreted, applied, or misapplied;

(5) The consideration given or steps taken to secure informal resolution;

(6) The corrective action desired; and,

(7) The name of any person or representative chosen by the employee to enter

the grievance.

(b) A decision shall be made in writing within thirty (30) working days of receipt of the grievance. A copy of the decision shall be directed to the person identified in (a)(7), above.

(c) Any employee may appeal to the Board of Directors any action taken by the

Manager under this article by the filing of a written appeal with the Secretary of the Board of Directors within fifteen (15) days of the delivery in person or by registered mail of the decision of the Manager.

Upon the filing of such appeal, the board shall within a reasonable time hold a hearing to consider the grievance.

The aggrieved, his/her representative, or the union, shall be allowed to exercise up to two (2) peremptory challenges with respect to any member of the Board of Directors of the District convening to consider the grievance, and the remaining unchallenged members of the Board of Directors shall be convened to hear the grievance and render a decision.

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A copy of the decision shall be delivered to the employee personally or sent to the employee by registered mail within ten (10) working days after rendition of the decision.

ARTICLE 15. CONFLICT OF INTEREST Sec. II-15.1 Generally. Employees are to abide by all applicable federal, state, and local statutes or requirements regarding conflict of interest in outside employment. Employees intending to engage in outside employment shall file an advance statement of such intent for the approval of the Manager. Certain employees are required to file an annual Statements of Economic Interests with the Secretary of the District, refer to the District’s Conflict of Interest Code for details.

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CHAPTER I. MERIT SYSTEM

ARTICLE 1. APPLICABILITY, GOVERNING PRINCIPLES, AND DEFINITIONS

Sec. I-1.1 Rules established; applicability. There are hereby established merit system rules for the administrative service of the District. These rules shall apply in their entirety to all employees of the District except when noted. Notwithstanding any provision of the merit system rules, the rules and any existing memorandum of understanding or contract of employment duly approved by the District Board are to be read consistent to one another. Where a conflict arises, the specific shall prevail over the general. Where a conflict exists between two specifics, the latter shall be presumed to prevail over the former. Sec. I-1.2 Equal employment opportunity. West Valley Sanitation District is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, national origin ancestry, sex, gender, gender identity, pregnancy, childbirth or related medical condition, religious creed, physical disability, mental disability, age medical condition, marital status, veteran status, sexual orientation, genetic information or any other characteristic protected by federal, state, or local law. The District is dedicated to this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, employee activities, and general treatment during employment. The District will endeavor to make a reasonable accommodation to the known physical or mental limitations of qualified employees with disabilities unless the accommodation would impose an undue hardship on the District’s operations. Employees needing assistance to perform their job duties because of a physical or mental condition are encouraged to notify their supervisor or human resources. The District will endeavor to accommodate the sincere religious beliefs of its employees to the extent such accommodation does not pose an undue hardship on District’s operations. Employees wishing to request such accommodation are encouraged to notify their supervisor or human resources. Any employees with questions or concerns about equal employment opportunities in the workplace are encouraged to discuss the matters with their supervisor or human resources. Sec. I-1.3 At-will employment. The District Manager and Engineer, Director of Engineering and Operations, Director of Administration and Information Services, and all temporary, short-term, seasonal, provisional, part-time and any other non-regular employees are at-will employees, meaning that there is no

Exhibit B

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specified duration of employment, and the employment of the employee can be terminated at any time, with or without cause. They also are not entitled to appeal rights of any kind in connection with any discipline and/or termination from employment. An employee may also resign his or her employment at any time. Sec. I-1.4 Non-harassment It is the District’s policy to prohibit intentional and unintentional harassment of any individual by another person on the basis of any protected classification including, but not limited to race, color, national origin, disability, religion, marital status, veteran status, sexual orientation or age. Refer to the District’s policy and complaint procedure against harassment, discrimination, and retaliation. Sec. I-1.5 Workplace violence Every District employee has the right to work in a safe and secure environment, without worry of being threatened, attacked, and/or injured by anyone working in or visiting the workplace. Workplace threats or attacks involving former or current employees, managers, customers, or vendors will not be tolerated by the District. All incidents of workplace violence will be thoroughly investigated. The District is committed to providing a safe workplace and will take steps to discipline or terminate employees who engage in violence at the workplace and prohibit customers, ratepayers, or vendors from re-entering the workplace if they have committed workplace violence. The agency will work with law enforcement to have any perpetrators arrested and/or prosecuted for crimes against the District and its employees. Employees are discouraged to engage in any physical conformation with a violent or potentially violent individual. However, employees are encouraged to exercise reasonable judgement in identifying potentially dangerous situations. Refer to the District’s Workplace Violence Policy. Sec. I-1.6 "Allocation" defined. "Allocation" means the official determination of the class to which a position belongs, and the assignment of a position to its class. Sec. I-1.7 "Anniversary date" defined. "Anniversary date" means the anniversary of the date an employee was appointed to a regular position unless otherwise modified by the merit system rules. Sec. I-1.8 "Applicant" defined. "Applicant" means a person who, under the rules, has made formal application for employment. Sec. I-1.9 "Appointment" defined.

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"Appointment" means the offer to a person and his/her acceptance of a position in accordance with these rules. Sec. I-1.10 "Assembled examination" defined. "Assembled examination" means an examination conducted at a specified time and place, under the supervision of an examiner. Sec. I-1.11 “Base period” defined. “Base period” means the regular non-overtime schedule for a non-exempt employee, which generally equals forty (40) hours in a workweek or eight (8) hours in a work day. Sec. I-1.12 "Board of Directors" defined. "Board of Directors" means the Board of Directors of West Valley Sanitation District of Santa Clara County. Sec. I-1.13 "Certification" defined. "Certification" means the submission of names of eligibles from an appropriate list to the Manager. Sec. I-1.14 "Class or classes of positions" defined. "Class or classes of positions" means a group of positions having duties and responsibilities sufficiently similar that the same title, examples of duties, and requirements may be applied. Sec. I-1.15 "Classification plan" defined. "Classification plan" means the arrangement and grouping of positions in classes according to duties, authority, and responsibilities. Sec. I-1.16 "Continuous employment" or “Continuous service” defined. "Continuous employment" or “Continuous service” means employment uninterrupted from the date of appointment, except by authorized absence. Sec. I-1.17 "Demotion" defined. "Demotion" means the reduction of an employee from a position in one class to a position in a lower class either on a voluntary basis or as the result of a disciplinary action. Sec. I-1.18 "Department" defined.

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"Department" means an administrative unit of the District. Sec. I-1.19 "Dismissal" defined. "Dismissal" means removal from his/her position of any officer or employee. At-will, non-permanent, and non-regular, employees may be dismissed with or without cause at any time with no right of appeal. Sec. I-1.20 "District" defined. "District" means West Valley Sanitation District of Santa Clara County, California. Sec. I-1.21 "Eligible" defined. "Eligible" means any person on an employment or reemployment list for a given class. Sec. I-1.22 "Employment list" defined. "Employment list" means the list of those qualified for employment or reemployment in a class. Sec. I-1.23 "Extra help" defined. "Extra help" means persons employed for periods when the work load within a department is of too great a volume to be expeditiously handled by the regular employees. Sec. I-1.24 “Human resources” defined. “Human resources” means the Director of Administration and Information Services or designee, who handles all human resources matters. Sec. I-1.25 “Fiscal year” defined. “Fiscal year” means the period that the District uses for accounting purposes, from July 1 to June 30 of the next year. Sec. I-1. 26 "Layoff" defined. "Layoff" means termination of service without fault on the part of the employee, because of lack of work, lack of funds, or in the interest of economy. Sec. I-1.27 "Leave of absence" defined. "Leave of absence" means permission to be absent from duty for a specified period and for a specified purpose, with the right to return at the expiration of the period.

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Sec. I-1.28 "Manager" or “District Manager” defined. "Manager" or “District Manager” means the District Manager and Engineer or designee. Sec. I-1.29 "Original appointment" defined. "Original appointment" means the first appointment of an employee to a classified position. Sec. I-1.30 "Permanent employee" defined. "Permanent employee" means an employee who has satisfactorily completed the probationary period of the employee’s present class. The District Manager, Director of Engineering and Operations, Director of Administration and Information Services, and all temporary, short-term, seasonal, provisional, part-time and any other non-regular positions are at-will non-permanent employments outside of the classified service. Employees in these classifications may be terminated at any time with or without cause and with no right of appeal. Sec. I-1.31 "Permanent position" defined. "Permanent position" means any position that will require the service of a regular employee for more than six (6) months after successful completion of a probationary period, or until abolished by an official act. The District Manager, Director of Engineering and Operations, Director of Administration and Information Services, and all temporary, short-term, seasonal, provisional, part-time and any other non-regular positions are at-will non-permanent positions outside of the classified service. Sec. I-1.32 "Position" defined. "Position" means a combination of duties regularly assigned to be performed by one person. Sec. I-1.33 "Probationary period" defined. "Probationary period" means the first six (6) months, or any period not to exceed one (1) year, of continuous service following appointment from an eligible list to a position in the merit system. Sec. I-1.34 "Promotion" defined. "Promotion" means advancement from a position in one class to a position in a class with a higher salary range. Sec. I-1.35 “Protected leave of absence” defined.

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“Protected leave of absence” means time away from work taken under the federal or state laws that are consider “protected”, employees cannot be terminated in retaliation for requesting or taking a leave of absence pursuant to these laws. In addition, protected absences may not be used toward any attendance policy and/or point system that lead to attendance related discipline. Sec. I-1.36 "Provisional appointment" defined. "Provisional appointment" means the appointment of a qualified person to fill a position for which no appropriate employment list exists, pending an examination. Sec. I-1.37 "Public notice" defined. "Public notice" means announcements of examinations, meetings, hearings, and other actions of the District on bulletin boards in the office of the District. Sec. I-1.38 "Qualified" defined. "Qualified" means an applicant or appointee who meets the employment standards for a class. Sec. I-1.39 "Reappointment" defined. "Reappointment" means the return of an employee to a former class through reinstatement or other methods provided by these rules. Sec. I-1.40 "Reemployment" defined. "Reemployment" means appointment from a reemployment list after layoff. Sec. I-1.41 "Reemployment list" defined. "Reemployment list" means a list of persons with permanent status in a class, who have been laid off and who are entitled to preference in appointment to vacancies in that class. Sec. I-1.42 "Regular employee" defined. "Regular employee" means a person appointed through certification to a vacancy in a regular position that has passed the applicable probationary period. Sec. I-1.43 "Regular position" defined. "Regular position" means any permanent position that requires filling through certification . The District Manager, Director of Engineering and Operations, and Director of Administration and Information Services, and all temporary, short-term, seasonal, provisional, part-time positions are non-regular positions that are at-will and outside of the classified service.

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Sec. I-1.44 "Reinstatement" defined. "Reinstatement" means the reappointment of an employee who has resigned. Sec. I-1.45 "Resignation" defined. "Resignation" means the voluntary action of an employee, which separates an employee from the position held. Sec. I-1.46 "Separation" defined. "Separation" means any termination of employment. Sec. I-1.47 "Specification" defined. "Specification" means the official description of a class including: (a) The title; (b) A statement of the duties and responsibilities; and

(c) The employment standards, such as education, experience, knowledge, skills, and abilities, which may be required of applicants.

Sec. I-1.48 "Suspension" defined. "Suspension" means an involuntary absence without pay imposed by the Manager for disciplinary purposes or pending investigation of charges. Sec. I-1.49 “Transfer” defined. “Transfer” means movement of an employee to a new position in the same class with the same salary range. Sec. I-1.50 "Unassembled examination" defined. "Unassembled examination" means an examination consisting of an appraisal of training experience, work history, or other means for evaluating the relative qualifications of applicants without requiring them to appear in person. Sec. I-1.51 "Union" or “Recognized employee organization” defined. "Union" or “Recognized Employee Organization means the exclusive representative for an authorized bargaining unit at the District that has been properly recognized to represent the unit with respect to the terms and conditions of their employment with the District. Sec. I-1.52 "Year" defined.

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"Year" means the calendar year, unless designated otherwise. Sec. I-1.53 Work periods; time intervals. Unless otherwise indicated, periods of time mentioned in these rules are computed on an hourly basis, with an eight-hour, weekly or bi-weekly work period used as the standard unit of measure. Six (6) months, therefore, equals thirteen (13) periods of eighty (80) hours each, or one thousand forty (1,040) hours. One (1) year equals two thousand eighty (2,080) hours, or twenty-six (26) bi-weekly periods. A forty (40) hour weekly period represents five (5) working days for an employee on an eight-hour, five-day work week schedule. An eighty (80) hour bi-weekly period represents ten (10) working days for an employee on an eight-hour, five-day work week schedule.

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ARTICLE 2. CLASSIFICATION

Sec. I-2.1 Formulation of plan. The Manager shall analyze the duties and responsibilities of all positions, shall group them into classes, and shall recommend rules for administration of the classification plan and for the allocation of positions to classes. Sec. I-2.2 Basis of classification. Classification shall be based on the principle that positions shall be in the same class when their duties and responsibilities are enough alike to justify the same descriptive title, definition of duties and responsibilities, and employment standards. Sec. I-2.3 Allocation of positions. Every position shall be allocated by the Manager to a class. Sec. I-2.4 Adoption, revision of plan. The classification plan shall be adopted and may be revised as conditions require, by the Manager. Sec. I-2.5 Class specifications.

(a) Specifications for each class shall be approved by the Manager. (b) Specifications will include the class title, which shall be used for all official

records; a brief definition of the scope, nature, and responsibility of the class; a description, typical but not necessarily restrictive, of tasks or duties ordinarily performed in positions allocated to the class; a statement of education, experience, knowledge and skills, abilities, and personal and physical characteristics required or deemed necessary, and additional factors or features considered necessary.

(c) Standards and qualifications may not be less than those prescribed by law or by

agreement with any other governmental jurisdiction.

(d) Specifications are not restrictive and shall not be construed as declaring that duties or responsibilities shall not be changed or that the Manager may not temporarily assign other duties and responsibilities to or otherwise direct and control the work of employees under his/her supervision.

Sec. I-2.6 Applicants to meet employment standards.

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Applicants for employment shall be required to meet all standards prescribed in the class specifications. Sec I-2.7 New or reclassified positions. The Manager may create a new position or re-classify an existing position by furnishing to the Board of Directors a comprehensive statement of the duties of the proposed position. If a new classification is given to, or there is a major change in work being performed by classes covered in the bargaining unit, the District shall notify the union of such change and shall meet with its representative, upon request, to discuss the salary range prior to implementation. Any change in a salary for an employee with a new or changed job classification shall be made retroactive to the date he/she was given the new classification or change of work, but in no situation for a period of any greater than thirty (30) days from the date of agreement upon the salary change. Sec. I-2.8 Effect of reclassification on incumbents.

(a) If an occupied position is reclassified, the incumbent shall be promoted, demoted,

or transferred to the new class in accordance with regular examination and certification procedures, except as indicated below.

(b) The Manager may grant status without examination, directly upon

reclassification, only:

(1) As part of a general reclassification affecting the entire classified service, or

(2) When the reclassification represents a transfer in relation to the former

classification and no additional or different education, experience, or professional or technical qualifications are present in the minimum qualifications requirements for the class to which the position is reclassified; or

(3) When an entire class and all of its incumbents are being reclassified,

involving the abolition of the former class and merger with a new class.

(c) The Manager may require a qualifying test prior to granting status under any of the above conditions.

(d) When a position is reallocated upward, a continuing regular incumbent may be

appointed to the new class with the Manager's approval by being eligible for and passing the appropriate examination without regard to his/her place on the eligible list. This qualifying examination procedure may be used only when there is a clear showing that the duties of the position have gradually evolved without any purpose on the part of anyone to evade the merit principle, provided that the

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incumbent has occupied the position for at least two (2) years and the reallocation is between classes within the same occupational group with no more than three salary ranges between the former and new class.

(e) Should a permanent incumbent of a position that has been reallocated upward not

qualify for that new class, upon continuing approval of the Manager, the incumbent may remain in the position as an under-fill in the former class.

(f) When a position is reallocated downward, upon a continuing approval of the

Board of Directors, a permanent incumbent may remain in the position in his/her former class by overfilling for a period not to exceed one (1) year from the effective date of the reallocation. During the one (1) year, the employee's name shall be placed on the appropriate reemployment list for certification to other positions. If at the expiration of the one-year period the incumbent still remains in the position, the employee shall either:

(1) Take a voluntary demotion to the new class, without loss of current salary;

or (2) Be laid off.

(g) Upon approval of the Manager, the overfill provisions contained in subsection (f) above may be extended for an additional period not to exceed one (1) additional year.

Sec. I-2.9 Assigning responsibilities outside class. If an employee is assigned responsibilities outside of his/her class, provisions of Sec II-4.5 shall apply. Sec. I-2.10 Classification directory. The District shall provide, upon request, a classification directory listing minimum qualifications and salary ranges for all District positions. This directory shall be revised annually, or more often, if needed.

Sec. I-2.11 Employee type.

(a) Full-time employees – Employees who regularly work forty (40) hours or more each week, who were not hired on a short-term basis. Regular full-time employees are eligible to all of the benefits offered by the District for which they qualify.

(b) Part-time employees – Employees who regularly work fewer than forty (40) hours per week, who were not hired on a short-term basis. Part-time employees are not eligible for employee benefits offered by the District, except those mandated by applicable law.

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(c) Short-term, temporary, provisional, and/or seasonal employees – Employees who

are hired to work for short-term assignments, either full-time or part-time. Short-term assignments generally are periods of six (6) months or fewer; however, such assignments may be extended. These employees are not eligible for employee benefits offered by the District, except those mandated by applicable law.

Part-time, short-term, temporary, provisional and/or seasonal employees are not members

of a bargaining unit. They are not represented by the Union and do not receive the rights identified in the collective bargaining agreement or Memorandum of Understanding (MOU). They may not work more than 960 hours per fiscal year without the approval of the District Manager.

In addition to the above types, all employees are categorized as either “exempt” or “non-exempt” for purpose of federal and state wage and hour laws.

(a) Exempt employees – Salary employees whose work duties exempt them from the overtime provisions of the federal Fair Labor Standards Act.

(b) Non-exempt employees – Employee who are covered by the overtime provisions of the federal Fair Labor Standards Act. Non-exempt employees are entitled to an overtime premium for overtime work in accordance with federal law.

Sec. I-2.12 Employee representation. Full-time employees in the following classifications are represented by the Union, enrollment is voluntary, the District Manager, and the departmental directors, part-time, short-term, temporary, provisional, and seasonal employees are not represented by the Union. Upon approval of the employee and request of the Union, the District may shall deduct membership dues from the employee’s pay in the following classifications on behalf of the Union: Account Clerk I/II Administrative Assistant I/II Assistant Engineer Associate/Senior Civil Engineer Assistant/Associate/Senior Engineering Technician Construction Inspector I/II Executive Assistant Engineering Technician Fleet Mechanic I/IIAssistant Engineer Assistant Engineer Permit & Mapping Geographic Information System Technician/Analyst Maintenance Worker Trainee/I/II Maintenance Worker I/II - Specialty

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Maintenance Lead Worker Operations Supervisor Senior Maintenanceupervising Lead Worker Civil Engineer Senior Account Clerk Senior Accountant Information Services Coordinator Operations Supervisor

ARTICLE 3. EXAMINATION ANNOUNCEMENTS, APPLICANTS AND APPLICATIONS

Sec. I-3.1 Promotions and transfers. To be eligible to apply for an open position, current District employees must meet several requirements:

(a) Is a current, regular, full-time employee;

(b) In the current position for at least six (6) months; (c) Not on a conduct/performance-related probation or warning; (d) Meet the job qualifications listed on the job posting; (e) Have provided his/her supervisor with notice prior to applying for the position.

Employee interested in the job posting must follow the application instruction on the job

posting for the position. Not all positions are guaranteed to be posted on an internal basis only. The District reserves the right to seek applicants from outside sources and/or to post positions internally and externally simultaneously.

Sec. I-3.2 Announcement of examinations. Announcements of all competitive examinations shall be posted in the District office for at least ten (10) days prior to the last date for filing applications. Departmental distribution of promotional examination announcements may be limited to those departments affected by the examination. Announcements may be posted elsewhere and distributed as necessary to attract qualified applicants. Announcements shall include at least: (a) The class title; (b) The compensation; (c) A statement of duties and responsibilities;

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(d) The place and last date to file applications; (e) The conditions of competition including employment standards, scope

of the written test, relative weights assigned to parts of the examination, passing grade and any other special conditions; and

(f) Such other information as will help applicants understand the nature

of the employment and the procedure for participating in the examination.

Sec. I-3.3 Applications required form. Official application forms shall be filled out by each applicant. Sec. I-3.4 Filing time. Applications must be filed in accordance with the instruction on the examination announcement. Sec. I-3.5 Notice of approval for examination. Each applicant approved for examination shall be so notified prior to the examination date by mail, email, or phone shown on the application form. Sec. I-3.6 General minimum qualifications. In addition to those otherwise stated, all applicants must possess the following qualifications: (a) Proof of eligibility to work in the United States.

(b) In the certification of eligibles for positions under the merit system and the appointive positions outside the classified service, preference shall be given to persons who are residents of Santa Clara County, all other things being equal.

(c) Good character and the ability to perform the essential functions of the position

with or without an accommodation. Sec. I-3.7 Applications not to be returned. Applications will not be returned to the applicant. Sec. I-3.8 Disqualification of applicant.

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The Manager may refuse to examine an applicant, or after examination may disqualify an applicant, or remove his/her name from the employment list, or refuse to certify any eligible on an employment list for any of the following reasons:

(a) If the applicant is found to lack any of the requirements or qualifications established for the examination.

(b) If the applicant is physically or mentally unable to perform the essential functions

of the class.

(c) If the applicant is currently using illegal drugs.

(d) If the applicant has been convicted of a crime that demonstrates the applicant is unfit for the position.

(e) If there is evidence of infamous or disgraceful conduct. (f) If the applicant has made a false statement of material fact or has

practiced or attempted any deception, fraud, or misconduct in connection with his/her application or examination.

(g) If the applicant has been dismissed for any cause mentioned herein from public or

private employment or has resigned to avoid such dismissal. (h) If applicant has a history of unsatisfactory employment in previous jobs verified

by record. (i) For any lawful reason that demonstrates that it is in the best interests of the

District to not hire the applicant. (j) If applicant has violated any District rule that resulted in discipline.

Sec. I-3.9 Notice of disqualification or rejection; correcting deficient application. Whenever an application is rejected or disqualified, written notice thereof shall be given the applicant. Applications found incomplete or deficient may be corrected before the date of the examination. Sec. I-3.10 Information confidential. The names of applicants shall not be made public. Sec. I-3.11 Special qualifications.

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Applicants for positions which are scientific, professional or technical, or the duties of which require special qualifications, may be required to provide documentary evidence of a satisfactory degree of education, training or experience. Sec. I-3.12 Fingerprinting, alcohol and controlled substances screenings, and

background investigations.

(a) Applicants before appointment and employees after appointment may be required to be fingerprinted.

(b) Prior to appointment to District employment, applicants may be required to

undergo an alcohol and controlled substances screening in accordance to the District Substance Abuse Policy, and a background investigation to evaluate their suitability for employment consistent with the requirements and duties of the classification or work assignment. Receipt of a satisfactory alcohol and control substances screening result is required prior to employment for positions requiring screening. Failure of the test will disqualify the applicant from further consideration from employment. The background investigation will include a review of criminal conviction records and verification of social security number. In addition, where there is a legitimate business necessity, the District may include but not be limited to review of motor vehicle records and/or credit history. The District may also verify information found on employment applications including but not limited to education, certification, licensure, and prior employment.

Sec. I-3.13 Fitness to perform. Each applicant or eligible must be in good general physical condition, and able to perform the essential functions of the position with or without an accommodation. An applicant may be required to submit a statement of a licensed physician to the effect that the applicant is able to perform the essential functions of the position. An eligible may be directed to a special medical examiner to determine that the eligible is able to perform the essential functions of the position . The name of an applicant or eligible shall be removed from any list of applicants or eligibles if any such applicant or eligible fails to pass the required physical examination. Sec. I-3.14 Oath required. Each applicant for employment in the District service shall take an oath that he/she will uphold the constitution of the United States and of the State of California and the ordinances of the District.

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ARTICLE 4. EXAMINATION: OPEN, ORIGINAL, PROMOTIONAL AND QUALIFYING

Sec. I-4.1 Scheduling examinations. The Manager shall schedule examinations as the current and anticipated needs of the District require. Scheduled examinations may be postponed or cancelled or the closing date extended by the Manager by notifying all persons affected and posting public notice. Sec. I-4.2 Types of examinations. Examinations shall consist of written, oral, performance or physical tests or any combination thereof, or any other form, which will test fairly the qualifications of applicants. Sec. I-4.3 Nature of examinations. Examinations shall be impartial and practical in nature and so constructed that they reveal the capacity of the applicant for the class for which he/she is completing as well as his/her general background and related knowledge. Sec. I-4.4 Oral interview and retest.

(a) An examination may include an interview for the purpose of appraising the personal fitness of candidates. Only those candidates qualifying in the subject matter portion of the examination shall be called for the interview. Failure to report for the interview shall eliminate a candidate from the examination.

(b) Interview boards shall be appointed by the Manager, who shall act or appoint

another to act as chairperson.

(c) Interviewers shall note in writing the degree to which, in their judgment, each candidate possesses the desired qualifications.

(d) Candidates who fail to attain a passing score on the oral portion of an examination

may not retake an examination for the same classification until at least forty-five (45) days have passed from the date of the first examination. Such candidates must follow the same examination procedures as all other candidates filing for the same examination except that if the written portion of the examination is given on a qualifying basis, the candidate may not be required to retake the written portion of the examination within six (6) months of the original examination. If he/she fails again, he/she must wait ninety (90) days before retaking the examination.

Candidates who fail to attain a passing score on three successive oral portions of examinations for the same class may not retake the examination before at least six (6) months have passed from the date of the most recent examination.

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(e) In cases of major classification changes, the Manager may authorize

the retesting more frequently than every six (6) months of such District employees who have failed a test three times.

Sec. I-4.5 Preparation of examinations. The Manager shall prepare, or have prepared under his/her direction, all examinations, which are to be given. The District may contract for such service with competent public or private agencies regularly rendering such services. Sec. I-4.6 Unassembled examinations. Whenever the announcement of an examination shall so state, and applicants are given opportunity to file statements of their qualifications, a preliminary competitive rating may be given on the basis of the duties, requirements, and conditions of work in the position to be filled. Applicants appraised highest, to a number commensurate with the number of vacancies anticipated, may be required to compete in further tests. Sec. I-4.7 Identification of papers. Written examinations shall be so conducted that no examination paper will disclose the name or identity of the candidate until the examination papers of all the candidates have been scored. Sec. I-4.8 Qualifying examinations. Qualifying examinations may be held to test fitness for reinstatement, reemployment, for certain position reclassifications as described in Section I-2.8, and for certain transfers and demotions as described in Section I-5.6 (b). Sec. I-4.9 Examination scores.

(a) Unless otherwise provided in the examination announcement, competitors shall be required to attain a score of not less than seventy percent (70%) in each part of the examination.

(b) In written tests, the seventy percent (70%) used to represent the minimum passing

score need not be the arithmetical seventy percent (70%) of the total possible score, but may be an adjusted score based on a consideration of the difficulty of the test, the quality of the competition, and the needs of the service.

(c) Applicants in promotional examinations shall be notified of their individual

adjusted percentage scores for the written and oral portions of the examination, whether passing or failing, and of their position on the eligible list.

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Sec. I-4.10 Grading examinations composed of several tests. In examinations composed of several tests, which are graded independently, weights shall be assigned to each test representing its relative value in ascertaining the fitness of the applicant. Grading of examination shall be uniform for all applicants. Sec. I-4.11 Treatment of ties. Whenever in certifying eligibles a tie score is encountered, all eligibles with the same score shall be certified as having the same position on the eligible list. Sec. I-4.12 Notice of results of examination. As soon as the rating of an examination has been completed and the eligible list established, each competitor shall be notified by mail or email of the result of his/her examination, and if successful, of his/her general average percentage and his/her relative position upon the eligible list. Sec. I-4.13 Retention of applications and other records.

(a) Applications and related examination records will be retained during the life of the eligible list. Examination records of appointees may be retained for a longer period, to be determined by the Manager.

(b) At any time after one (1) year following the period that a competitor may review

his/her examination papers, and provided all necessary information has been transferred to other records, examination material such as questionnaire booklets and answers may be destroyed.

Sec. I-4.14 Promotional examinations. All promotional examinations shall be held on a district-wide basis, except as provided in Section I-4.8. Permanent employees who qualify on the promotional examination with a final score of seventy percent (70%) or higher shall be placed on a promotional eligible list. Sec. I-4.15 Eligibility for promotion.

(a) A candidate for promotion must be a regular employee in his/her present position and must meet all prescribed standards for the class to which he/she seeks promotion. Probationary employees shall be permitted to take promotional examinations, provided that they shall not be appointed to a higher position on such examination until they have completed the probationary period.

(b) A qualified regular employee may take an open competitive examination but must

attain a final examination grade of at least seventy percent (70%) for his/her name to be placed on the open eligible list.

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ARTICLE 5. ELIGIBLE LISTS, APPOINTMENTS, PROBATION, TRANSFERS, RESIGNATIONS,

AND REINSTATEMENTS Sec. I-5.1 Order of eligibles. Candidates who qualify in an examination for a class shall have their names placed upon the eligible list in the order of their relative final grades. Sec. I-5.2 When eligible list effective. An eligible list shall be in effect from the date on which it is approved by the Manager. Sec. I-5.3 Duration of eligible lists.

(a) Eligible lists, except as provided in subsection (b) below, shall remain in force no longer than two (2) years but may be abolished by the Manager after one (1) year upon completion of the examination for the same class, or upon the abolition of the class.

(b) District-wide promotional eligible lists may remain in force for one (1) additional

year beyond the normal two-year maximum.

(c) Should a list become inadequate by having fewer than three names on the active eligible list before its expiration date, the names remaining upon such list may be supplemented by names commingled in order of final grades resulting from additional examinations.

Sec. I-5.4 Eligible lists confidential. Eligible lists are confidential, and the relative position of an eligible on a list or his/her score shall not be made available except to the eligible, his/her designated representative, or a department wherein he/she may be considered for appointment. Sec. I-5.5 Order of employment from lists. Employment shall be made from reemployment lists and eligible lists in the following order: (a) Reemployment lists:

(1) Where a vacancy exists in a classification where a reemployment list exists of permanent employees laid off in accordance with Section II-2.1 through II-2.10, the person standing highest on such reemployment list shall be offered the appointment. Refusal on the part of the former

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employee to accept the appointment shall remove his/her name from the reemployment list.

(2) Where a vacancy exists in a classification and in a department other than

that department where the layoff occurred, the names of three persons on reemployment lists for other departments shall be certified in inverse order of the date of placement on the reemployment lists. If no such reemployment lists exist, or there are fewer than three names, additional names not to exceed a total of three shall be certified from eligible lists in the priority order as shown below.

(b) Eligible lists:

(1) District-wide promotional lists resulting from service-wide promotional examinations.

(2) Eligible lists resulting from open competitive examinations. Sec. I-5.6 Transfers and demotions as alternatives to new appointments.

(a) As an alternative to appointment from any employment list, a position may be filled by transfer of a permanent employee, or a probationary employee who must serve the full probationary period in the new department in the same or comparable class.

(b) As an alternative to appointment from any open competitive list, a position may

be filled by the transfer or voluntary demotion of a permanent or probationary employee from a position in a nonrelated class, provided the employee meets all the requirements of the position to which transfer or demotion is requested, as determined by the Manager through application appraisal or qualifying examination. A probationary employee appointed through such a transfer or demotion must serve the full probationary period in the new position. A permanent employee, at the Manager’s option, may be appointed with either probationary or permanent status. The salary for such an employee shall be adjusted as provided for in Section II-4.3.

Sec. I-5.7 Resignations.

(a) An employee wishing to leave in good standing shall file with the District a written resignation, giving at least two (2) weeks’ notice of his/her intention to leave the service unless the supervisor consents in writing to his/her leaving sooner. An employee who leaves without so filing a written resignation and giving two (2) weeks’ notice, or obtaining said consent in writing, shall have the fact entered on his/her service record and may be denied entrance to tests for which he/she may apply in the future.

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(b) If a resigning employee's name appears upon a promotional eligible list, it shall be removed, but at his/her request may be placed upon the open competitive list for the class if one is in effect.

(c) A resignation is irrevocably accepted once the District gives verbal or written

acceptance of the resignation. Sec. I-5.8 Reinstatement after resignation.

(a) As an alternative to appointment from an open competitive employment list, a former permanent employee who resigned in good standing may be reinstated to a vacant position in the same or lower classification within one (1) year after the date of his/her resignation, upon approval of the Manager.

(b) Upon reinstatement, all rights acquired by an employee prior to his resignation

from the District service shall be restored, except that, at the option of the Manager, the employee may be employed on an original probationary status, or, as a permanent employee, at any salary step not to exceed his/her former salary step.

Sec. I-5.9 Removal from eligible lists.

(a) The Manager may remove the name of an eligible for the following reasons: At the eligible's request; on evidence the eligible cannot be located by mail at his/her last given address; for failure to respond within stipulated time after notice of certification; or for other justifiable reasons provided in these rules. An appointment from an eligible list shall be the basis for removal of the eligible's name from all other related lists at the same or lower salary level.

(b) The eligible shall be notified by mail at his/her last known address of this action

and the reasons thereof.

(c) An eligible may be restored to the list if he/she presents satisfactory reasons for failure to respond.

Sec. I-5.10 Alternative list. If a vacancy exists for a class of position for which there is no appropriate eligible list, the Manager may certify names from the eligible list for a related class for which minimum qualifications and examinations are similar to or higher than those required for the class in which the vacancy exists. Sec. I-5.11 Abolishing eligible lists. Notice of intention to abolish an eligible list shall be sent to all eligibles whose names appear upon the list, prior to the holding of an examination to establish a new list.

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Sec. I-5.12 Inactive list. The name of an eligible who is not available for immediate certification may, at his/her request, be placed on an inactive list and may be restored to the active list from which it was removed upon his/her written request, provided the list is still in existence. Sec. I-5.13 Waiver of appointment. An eligible may for any reason waive appointment after his/her name has been certified. After three such waivers of appointment to permanent positions, the eligible will be placed upon the inactive list, and he/she shall be so notified. He/she may be restored to the list at his/her request any time during the life of the list. Sec. I-5.14 Certification of eligibles.

(a) The Manager shall certify the three names highest on the appropriate eligible list except as specified in Section I-5.5 (a), Reemployment lists, and in Section I-4.11, Treatment of ties.

(b) If there is more than one vacancy in one class in the same department, one

additional name beyond the three shall be certified for each additional vacancy.

(c) A department head may specify particular abilities, knowledge or traits when requesting personnel, stating in writing the reason for the special qualifications request. Certification of the highest ranking eligible possessing such qualification may be made after investigation and finding clear evidence that efficient performance can best be performed by those with the specialized requirements.

(d) The department head shall interview all eligibles who have responded to notice of

certification prior to appointment.

(e) No eligible shall be certified from the same eligible list to the same department more than three times in any six-month period unless requested by the department head.

Sec. I-5.15 Additional names. If one or more of the three persons certified waive or fail to respond to a notice of certification within the time specified, and such waiver or failure to respond results in less than three names available to the Manager, additional names shall be certified, subject to Section I-4.11. Sec. I-5.16 Notification to eligibles.

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A notice of certification shall be sent to the last known contact information appears on the District records of persons certified for appointment. The notice of certification shall instruct eligibles to communicate with the District within five (5) working days following the date the notice was mailed. Sec. I-5.17 Substitute and extra help appointments.

(a) A substitute appointment is an appointment for a minimum period of thirty-one (31) calendar days which is limited to the period of a vacancy created by an authorized leave of absence without pay granted a classified employee. Substitute appointments for longer than six (6) months shall be made in accordance with regular certification procedures. A permanent employee who receives a substitute appointment in a higher class shall be considered as on leave from his/her regular position.

Upon return of the regular incumbent, the substitute employee shall have the right to return to his/her former position or to a similar position in the same class. Substitute appointments for more than one (1) month but less than six (6) months may be made on a temporary provisional basis or through regular certification procedures at the option of the Manager.

(b) Substitute employees that are regular District employees, when appointed through

regular certification procedure from the top three on the eligible list, shall carry full rights and privileges as regular employees. These employees shall not have any property interest in their substitute employment, however.

(c) An extra help appointment is one made to a non-permanent position established to

meet a peak-load or other unusual work situation.

(d) Extra help appointments are not regular appointments, need not be made from eligible lists and carry none of the rights or benefits of regular appointments, and will not be affiliated or represented by union. However, in the event that an extra help position is subsequently converted to a regular position, any continuing incumbent whose original appointment was made from one of the top three on the appropriate eligible list may be granted probationary status effective on the date of establishment of the regular position without further examination, regardless of the condition of the current eligible list.

(e) No person may receive pay in an extra help capacity in the same classification in

the same department for more than nine hundred sixty (960) hours in any fiscal year, unless otherwise approved by the District Manager.

(f) Extra help appointees in classes established for permanent positions are expected

to meet all minimum requirements, including any special requirements established for the class by state law, or any specialized educational or training requirements

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for professional or technical classes, as established in the official specifications for such classes.

Sec. I-5.18 Provisional appointments.

(a) If there are urgent reasons for filling a position, and there are insufficient eligibles upon an appropriate employment list, the Manager may authorize a provisional appointment to fill the position pending the establishment of an employment list.

(b) The Manager shall approve any provisional appointee provided he/she meets

established employment standards for the class.

(c) No provisional appointment shall continue for more than thirty (30) days after an appropriate employment list has been established for the class; nor may any position be filled by provisional appointment or any person serve as a provisional appointee for more than six (6) months in any twelve (12) consecutive months.

(d) The period of provisional appointment shall not constitute a part of the

probationary period. Sec. I-5.19 Emergency appointments. Should an emergency require the filling of a vacancy and there are no eligibles immediately available, the Manager may make an emergency appointment of any person; but such emergency appointment may not continue for more than ten (10) working days. Such emergency appointment shall be reported to the Board of Directors not later than the next regular meeting of the board of directors. Sec. I-5.20 Probationary period. Appointments from open or promotional eligible lists in regular permanent positions shall be for a probationary period of at least six (6) months or any period not to exceed one (1) year of continuous services following appointment, during which the Manager shall investigate the conduct, performance, moral responsibility, and integrity of each employee and determine whether the employee is fully qualified for permanent status. A leave of absence without pay or with partial pay using leave accrual for one (1) consecutive week or more shall not be credited toward completion of the employee's probationary period. An employee who has attained permanent status in a classification in an alternate series after serving a one (1) year probationary period shall, upon promotion to a higher classification in the series, serve a probationary period of six (6) months. Employees shall not pass probation unless the District Manager provides in writing that they have satisfactorily completed their probation. After notifying the Union, a probationary period can be extended for up to a period of one-year from the date of initial appointment. Sec. I-5.21 Release during probation.

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(a) During the probationary period, the appointee may be rejected at any time without

the right of a hearing before the Manager as to original appointments, and with the right of such hearing as to probationary appointments following promotion, demotion, or transfer of employees with permanent status. If requested by the appointee, the Manager shall provide the appointee with a written statement of the reasons for his/her release; such request must be made within five (5) days of the appointee’s release. Said statement is for informational purposes only, and not for purposes of appeal. The Manager may restore a released probationer to the eligible list for certification to other departments if the reasons for his/her release appear limited to a single department.

(b) Probationary employees appointed to a higher class prior to attainment of

permanent status in the lower class shall have the right to a hearing before the Manager, provided the time served in both classes was sufficient to have attained permanent status in the lower class.

Sec. I-5.22 Permanent appointment. If, after thorough investigation during the probationary period, the Manager finds the probationer fully qualified for permanent status, he/she shall so certify not later than the last day of the probationary period. Failure of the Manager to so certify shall constitute automatic release of the probationer on the last day of his/her probationary period. Sec. I-5.23 Return to former class. As an alternative to appointment from any employment list, any current permanent employee, upon approval of the Manager, may be appointed without further examination to a position in any class in which regular status had formerly been acquired, or to any related class on a comparable level with the former class. Sec. I-5.24 Rights upon promotion. Any permanent employee who received a provisional or probationary promotion shall retain all rights and benefits as a permanent employee of his/her former class while in such provisional probationary status. These include the right to participate in promotional examinations, and the right to return to his/her former class if released while in such status. All such services shall count toward seniority credits in the employee's former class in the event the layoff procedure is involved.

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ARTICLE 6. PERFORMANCE REVIEW Sec. I-6.1 Plan required. The Manager shall establish and maintain a plan for reviewing the performance of employees in the classified service. Performance reviews provide a framework for setting and accomplishing organizational and individual goals and objectives. An effective review process lets employees know what is expected of them, how they are performing, and how they can improve and/or take advantage of growth and career opportunities. Sec. I-6.2 Uses. Performance review shall be considered in approving transfers, promotions, salary increases, demotions, discharges, reinstatements, reemployment, and other personnel actions. In addition, employee’s performance review shall be completed annually on all permanent employees regardless of the length of service. For probationary employees, a performance review shall be completed at the end of the probationary period. Supervisors are encouraged to conduct a performance review quarterly for probationary employees. Each performance review shall include an Employee Development Plan (EDP). The EDP is used to encourage the professional growth and development of District employees. The use of the EDP provides a means to document the employee’s development goals and to establish a plan that will help the employee achieve these goals through training or work experience. The development goals are goals focus on learning, support an increase in knowledge or skills, and promote improved performance and career development. Development goals can help employees stay current, hone their skill sets, and re-ignite their passion within an existing area of responsibility. The goals can also help employee develop a new set of skills and knowledge base in order to grow into a new area of responsibility. Sec. I-6.3 Procedure. Performance review shall be made periodically by the employee's immediate supervisor on approved forms and approved by department head and District Manager. Supervisor shall meet and discuss the written review or report with the employee. One copy of each report shall be provided to the employee and maintained by the District for its permanent records. Sec. I-6.4 Unsatisfactory performance. If performance review shows an employee's work to be below a satisfactory standard, the supervisor shall take appropriate steps to assist the employee in improving. Failure by the employee to show satisfactory improvement may be deemed just cause for discharge.

Employee’s performance review with an overall rating of “Needs Improvement” or “Unsatisfactory” are not eligible for promotion, or salary or “Step” increases, such increases may be extended for three (3) six (6) months interval to one (1) year until the employee’s

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performance review with an overall rating above “Unsatisfactory”. An employee’s performance review with an overall rating of “Meets or Exceeds Job Standards” or “oOutstanding” is eligible for promotion or salary or “Step” increase. Sec. I-6.5 Appeals. Performance review may be appealed in accordance with the following procedures:

(a) If an employee is not satisfied with any aspect of a performance review, he/she shall have a right to an informal hearing before the department head.

(b) Any decision of the department head shall be final.

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ARTICLE 7. TRAINING Sec. I-7.1 Authorized. The Manager may determine training programs and classes necessary or desirable to increase the efficiency of the District service and its employees. As appropriate, the Manager may meet with the Union to discuss existing or proposed in-service training programs for employees. Such training, when closely related to employee's official duties, may, with the consent of the Manager, be taken entirely or partly during hours of work. Sec. I-7.2 Benefits for trainees. Employees who satisfactorily complete in-service training, which directly relates to their current duties and improves their work performance, may receive credit for such training in consideration for salary increases and promotions. Employees who satisfactorily participate in training classes not directly related to their current duties but which fit them for positions of greater skill or responsibility shall receive credit for such training in promotional examinations and in consideration for transfers to more responsible positions. Sec. I-7.3 Certificates of competency. The District shall pay an employee's application and renewal fees for any certificates of competency issued by the California Water Environment Association, or by Department of Consumer Affairs – board for Professional Engineers, Land Surveyors, and Geologists, and required by the District.

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ARTICLE 8. DISCIPLINARY ACTIONS

Sec. I-8.1 Authorized. The Manager may suspend, demote, or dismiss any employee subject to appeal rights of employees with permanent status or employees serving in a promotional probationary capacity. Probationary employees on original appointments, at will employees and employees in non-regular or non-permanent positions shall not have any appeal rights. Sec. I-8.2 Causes of suspension, demotion, or dismissal. The following list of causes is provided as a guide to both supervisors and employees as to what may constitute proper basis for disciplinary action. It is not an all-inclusive list in that the Manager may institute disciplinary action for any other activity which he/she deems just cause for such action.

(a) Causes relating to performance of duties:

(1) Violation of the District ordinance code, merit system rules and regulations, and written and published departmental rules and policies that do not conflict with this article.

(2) Violation of safety rules.

(3) Inefficiency, incompetence, or negligence in the performance of duties, including failure to perform assigned tasks or failure to discharge duties in a prompt, competent, and responsible manner.

(4) Physical or mental incapability for performing duties.

(5) Brutality in the performance of duties.

(6) Refusal to accept a reasonable and proper assignment from an authorized supervisor; insubordination.

(7) Possession of alcoholic beverages, illegal/unauthorized drugs or being

intoxicated on duty.

(8) Careless, negligent, or improper use of District property, equipment, or funds, including unauthorized use for private purposes or involving damage or risk of damage to property.

(9) Acceptance of gifts in exchange for “favors” or “influence” or under

circumstances that would tend to compromise the effective discharge of duties.

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(10) Failure to maintain satisfactory and harmonious working relationships with the public and other employees.

(11) Absence without leave, see Chapter II, Article 9, Leave Provisions.

(12) Habitual pattern of failure to report for duty at the assigned place and time.

(13) Habitual improper use of sick leave privileges.

(14) Unauthorized release of confidential information as defined by law from

official records.

(15) Falsifying records.

(b) Causes relating to personal conduct detrimental or prejudicial to public service:

(1) Guilty of misconduct, or conduct unbecoming a District officer or employee which tends to discredit the District or District service.

(2) Fraud in securing appointment.

(3) Incompetency.

(4) Inefficiency.

(5) Inexcusable neglect of duty.

(6) Insubordination.

(7) Dishonesty.

(8) Drunkenness or intoxication on duty.

(9) Intemperance.

(10) Addiction to the use of controlled substances.

(11) Inexcusable absence without leave.

(12) Conviction of a felony or conviction of a misdemeanor involving moral turpitude. A plea or verdict of guilty, or a conviction following a plea of nolo contendere, to a charge of a felony or any offense involving moral turpitude is deemed to be a conviction within the meaning of this section.

(13) Discourteous treatment of the public or other employees.

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(14) Improper political activity.

(15) Willful disobedience.

(16) Misuse of District property.

(17) Violation of any District rule.

(18) Any negligence or recklessness on duty.

(19) Discrimination, harassment or retaliation.

(c) Engaging in incompatible employment. As determined by the District Manager, Aany employee who directly or

indirectly engages in incompatible employment or serves a conflicting interest shall be subject to suspension, demotion, or dismissal. The District shall maintain a list of its job classifications and outside employment that is considered incompatible with such classifications.

Sec. I-8.3 Determining degree of seriousness of offense. (a) In determining the degree of seriousness of an offense that is a cause of

suspension, demotion, or dismissal, the Manager shall consider:

(1) The nature and extent of the specific act in terms of its effect upon the functions of the District.

(2) Damage to public interest or welfare.

(3) Whether or not a reasonable period has elapsed since a prior offense.

(4) Whether or not the employee’s continued presence on the job creates a hazard to himself/herself, his/her co-workers, and/or the public.

(b) The decision to suspend, demote, or dismiss depends on the seriousness of the

offense. A suspension of not more than thirty (30) days may be set by the Manager.

Sec. I-8.4 Counseling for unsatisfactory performance.

(a) In the event that an employee’s performance or conduct is unsatisfactory or needs improvement, informal counseling shall be provided by the employee’s first level supervisor. Documentation of such counseling shall be given to the employee within a reasonable period of time after such documentation becomes available. Such documentation shall not be placed in an employee’s personnel file.

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Depending upon the extent of the unsatisfactory performance, the discipline process above may be initiated instead of the counseling process described herein.

(b) If, after counseling, an employee’s performance or conduct does not improve, and disciplinary action could result, a written report shall be prepared by the supervisor including specific suggestions for corrective action, if appropriate. A copy shall be given to the employee within five (5) working days after preparation of the report and a copy filed in his/her personnel file. Provided that no additional report has been issued during the intervening period, each report shall be removed from the employee’s file at the end of two (2) years. Employees shall have the right to grieve the factual content of such reports or attach a written response to the report for inclusion in their personnel file.

(c) In cases of unsatisfactory performance relating to the inefficiency, incompetence,

or negligence in the performance of duties, the Manager must notify the employee in writing. If the employee’s performance improves, and no further action is contemplated, the written performance evaluation report shall be removed from the employee’s personnel file at the end of two (2) years provided no additional performance evaluation report has been issued during the intervening period. Employees shall have the right to grieve the factual contact of such reports or attach a written response to the report for inclusion in their personnel file.

(d) Where it appears that an employee’s continued presence on the job creates a serious and immediate danger to himself/herself, his/her co-workers, and/or the public, the employee’s supervisor and/or the District Manager need not provide informal counseling, written reports, and/or written evaluation reports prior to the initiation of disciplinary action.

Sec. I-8.5 Dismissal, demotion, or suspension for cause. The District Manager may take disciplinary action for cause against any employee with permanent status in regular position. This does not include Probationary employees on original appointments, at will employees and employees in non-regular or non-permanent positions. Disciplinary action shall include suspension, demotion, or discharge. Sec. I-8.6 Notice of disciplinary action for cause. At the direction of the District Manager, written notice of the proposed disciplinary action must be served on the affected employee in person or by registered mail setting a date, time and place for the employee and/or his/her representative to respond to the charges if he/she elects to do so. The notice shall be included in the employee’s personnel file.

(a) The Skelly meeting shall be set at least five (5) working days following the notice to the employee to provide the employee an opportunity to respond.

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(b) The notice shall contain the maximum penalty that may be imposed.

(c) The notice shall set out in detail the reasons for the proposed disciplinary action including factual information so that the employee is able to determine the exact misconduct charged.

(d) The notice shall advise the employee of his/her right to respond to the charges

either orally or in writing.

(e) The notice shall advise the employee of his/her right to representation. (f) The notice shall advise the employee that discipline may be imposed whether or

not he/she responds to the charges.

(g) The notice shall include all materials upon which the proposed disciplinary action is based.

Sec. I-8.7 Exceptions to pre-disciplinary notice.

(a) In cases involving suspension of five (5) days or less where the suspension is the first such suspension within a one-year period notice may be served on the employee in person or by registered mail during the suspension period or within five (5) working days after the suspension is terminated.

(b) Where it appears that an employee’s continued presence on the job creates a

serious and immediate danger to himself/herself, his/her co-workers, and/or the public, the notice need not be given prior to the disciplinary action becoming effective. However, such notice must be given to the employee within five (5) working days after the date the disciplinary action becomes effective.

Sec. I-8.8 Employee failure to respond. If the employee fails to answer the notice within the time specified or, after answer, withdraws his/her answer, the disciplinary action taken by the District shall be final. Sec. I-8.9 Disciplinary hearing. Whenever an answer is filed to a notice of disciplinary action the District Manager shall within a reasonable time hold an informal Skelly hearing.

Sec. I-8.10 Hearing decision letter. The decision of the District Manager shall be in writing and contain findings of fact and the disciplinary action, if any. A copy of the decision shall be delivered to the employee personally or sent to the employee by registered mail within ten (10) working days after rendition of the decision.

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(a) Whenever the Manager revokes or modifies a disciplinary action and orders that

the employee be returned to his/her position, he/she shall direct the payment of salary to the employee for such period of time as the Manager finds the disciplinary action was improperly in effect.

(b) Salary shall not be authorized or paid for any portion of a period of disciplinary action that the employee was not ready, able, and willing to perform the duties of his/her position, whether such disciplinary action is valid or not or the causes on which it is based state facts sufficient to constitute cause for discipline.

Sec. I-8.11 Appeals of disciplinary action. Any employee may appeal to the Board of Directors any action taken by the District Manager under this article by the filing of a written appeal with the sSecretary of the Board of Directors within fifteen (15) working days of the delivery in person or by registered mail of the decision of the Manager. Upon the filing of such appeal, the Board or designee, shall within a reasonable time, hold a confidential hearing to consider the appeal. The Chairperson of the Board shall preside, or in his/her absence the Vice Chairperson shall preside. As an alternative, the Board may delegate the hearing to neutral hearing officer that shall render a recommendation to the Board for final determination.

Such hearing shall be conducted in accordance with the following procedure:

(a) Oral evidence shall be taken only on oath or affirmation.

(b) Each party shall have the right to be represented by a representative of his/her own choosing, or may elect to represent himself/herself; provided however that when an employee is to be represented by another person, the name of that person shall be made known to the District at least three (3) days prior to the scheduled hearing.

(c) Each party shall have these rights: to call and examine witnesses; to introduce exhibits; to cross-examine opposing witnesses or any matter relevant to the issues even though that matter was not covered in the direct examination; to impeach any witness regardless of which party first called him/her to testify; and to rebut the evidence against him/her. If the employee does not testify in his/her own behalf, he/she may be called and examined as if under cross-examination.

(d) The hearing need not be conducted according to formal rules of evidence

and witnesses. Any relevant evidence shall be admitted if it is the sort of evidence on which responsible persons are accustomed to rely in the conduct of serious affairs, regardless of the existence of any common law or statutory rule that might make improper the admission of such evidence over objection in civil

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actions. Hearsay evidence may be used for the purpose of supplementing or explaining other evidence, but shall not be sufficient in itself to support a finding unless it would be admissible over objection in civil actions. The rules of privilege shall be effective to the extent that they are otherwise required by statute to be recognized at the hearing, and irrelevant and unduly repetitious evidence shall be excluded.

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ARTICLE 9. PERSONNEL FILES Sec. I-9.1 Generally. The District shall maintain a personnel file for each employee. Employees shall have the right to review their personnel file or authorize review by their representative. No adverse material will be inserted into the employee's personnel file without prior notice to the employee. Employees may cause to be placed in their personnel files responses to adverse material inserted therein and a reasonable amount of correspondence originating from other sources directly related to their job performance.

In addition, employee personal information such as address, phone number, emergency contact, and personal email are maintained in the District personnel files. Employees are responsible to inform any changes to the human resources or update on the District’s ADP Payroll System. Unreported changes of address, marital status, etc. can affect the employee’s withholding tax and benefit coverage. An emergency contact or an inability to reach an employee during a crisis could cause a severe health or safety risk or other significant problem. Employees are responsible to inform their managers the specialized training or skills they acquired or may acquire in the future.

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CHAPTER II. PERSONNEL PRACTICES

ARTICLE 1. GENERALLY

Sec. II-1.1 Application of Chapter II. This chapter, or a portion of it, shall not apply to employees covered by a collective bargaining agreement or memorandum of understanding or contract between the District and a recognized employee organization or an employee when such agreement contains a provision relating to the same subject matter.

ARTICLE 2. LAYOFF PRACTICES

Sec. II-2.1 Seniority defined. Except as otherwise provided in Sections II-2.2 and II-2.5, seniority for purposes of layoff is defined as length of continuous paid employment within the classified service of the District. Seniority shall be retained, but shall not accrue, during any period of leave without pay. Sec. II-2.2 Transfer of prior agency service. If a function of another agency is transferred to the District, the seniority of workers who transfer with the function shall be computed, based upon the application of the definition of Sec. II-2.1 to each employee's prior service with the other agency. Sec. II-2.3 Changes to classes. To the extent possible, employees should not lose their rights under this Article because classes have been revised or retitled. Sec. II-2.4 Order of layoff. When one or more employees performing in the same class in the District are to be laid off, the order of layoff shall be as follows: (a) Provisional employees in inverse order of seniority. (b) Probationary employees in inverse order of seniority. (c) Permanent employees in inverse order of seniority. Sec. II-2.5 Notice of layoff.

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Employees subject to the provisions of this Article shall be given at least twenty (20) working days’ written notice prior to the effective date of layoff. An employee and/or representative, upon request, shall be afforded an opportunity to meet with the Manager to discuss the circumstances requiring the layoff and any proposed alternatives. The procedures of Sec. II-2.6 shall be applied prior to the effective date of the layoff. Sec. II-2.6 Reassignment in lieu of layoff.

(a) In the event of notice of layoff, any employee so affected will be allowed to transfer to a vacant position in the same classification in the District.

(b) In the event there are no vacant positions in the same classification in the District,

an employee will be offered a vacant position in any classification at the same or lower level in which permanent status had formerly been held. Upon entry into such vacancy, total service shall be computed as in Sec. II-2.6(c).

(c) In the event there are no vacancies as listed in (a) or (b), the employee shall have

the right, upon request, to be returned to any classification in the District at the same or lower level in which permanent status has formerly been held, and for which the employee has more total District seniority than the current incumbents in the former classification. The regular layoff procedure shall apply for any such incumbents when an employee is bumping to a former classification. For the purpose of computing total service in the new class, the employee shall be given credit for all time served in the class which the employee is leaving, plus any time previously served in the class to which the employee is being returned.

Sec. II-2.7 Layoff. In the event that an employee is not reassigned in lieu of layoff as provided in Sec. II-2.6, the employee shall be laid off. If an employee elects not to exercise the rights provided in Sec. II-2.6(c), he/she may be deemed to have been offered and to have declined such work. Sec. II-2.8 Reemployment list. The names of such probationary and permanent employees reassigned or laid off in accordance with Sections II-2.6(b), II-2.6(c), or II-2.7 of this Article shall be entered upon a reemployment list in inverse order as specified under Sec. II-2.4. The person standing highest on a reemployment list for a particular classification when a vacancy exists in that classification in the District shall be offered the appointment. Employees on reemployment lists shall retain the right to take promotional exams and/or receive promotional preference on examinations. Sec. II-2.9 Temporary work for laid off employees. Interested employees who are placed upon the reemployment lists due to layoff and who elect to be available for temporary work shall be given preference for such work in the

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classification from which they were laid off. The election to be available for temporary work must be made at the time of layoff. Employees may decline to be available for temporary work or may decline such work itself without affecting any rights under this Article. Sec. II-2.10 Names dropped from reemployment list. No name shall be carried on a reemployment list for a period longer than two (2) years, and the names of persons reemployed in a permanent position within the same classification shall, upon such reemployment, be dropped from the list. Refusal to accept the first offer of reemployment within the same classification, shall cause the name of the person to be dropped from the reemployment list. Sec. II-2.11 Rights restored. Upon reemployment of an employee from a reemployment list, all rights acquired by an employee prior to his/her placement on such list shall be restored.

ARTICLE 3. RESIDENCE Sec. II-3.1 Residence. No employee holding a position in the District service shall be required to maintain residence within the District, except where specifically required by state law.

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ARTICLE 4. COMPENSATION Sec. II-4.1 Basic pay plan. The basic pay plan consists of the salary ranges and the assignment of classes to such ranges as provided in the memorandum of understanding or salary plans or employment contract. Each employee shall be paid within the range of his/her class according to the following provisions, unless otherwise provided in the memorandum of understanding or salary plans or employment contract:

Salary Steps – non-exempt employees are paid according to salary steps, with each step given after satisfactory completion of the prerequisite period of time spent in each step:

(a) The first step in each range is the minimum rate and shall normally be the hiring rate for the class. In cases where it is difficult to secure qualified personnel or a person of unusual qualifications is engaged, the Manager may approve the appointment at the second, third, fourth, or fifth step.

(b) The second step shall be paid after the accumulation of at least six (6) months of competent service at the first step and upon satisfactory completion of the probation period and received a performance review with an overall rating of “Meets Job Standards” or better.

(c) The third step shall be paid after the accumulation of twelve (12) months of

competent service at the second step and received a performance review with an overall rating of “Meets Job Standards” or better.

(d) The fourth step shall be paid after the accumulation of twelve (12) months of

competent service at the third step and received a performance review with an overall rating of “Meets Job Standards” or better.

(e) The fifth step shall be paid after the accumulation of twelve (12) months of

competent service at the fourth step and received performance review with an overall rating of “Meets Job Standards” or better.

(f) Certificates of competency may be required for step salary increases as specified

in the class specifications.

(g) Salary adjustments shall be made on the first day of the pay period in which the required accumulation of months of competent service occurs.

Employees in the following classifications are paid within a broad range and do not have specific salary steps: Associate Civil Engineer

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Information Services Coordinator Operations Supervisor Senior Accountant Senior Civil Engineer Director of Administration and Information Service Director of Engineering and Operations District General Manager and Engineer Sec. II-4.2 Salaries. Specific salaries shall be as listed as Appendices to the applicable Memorandum of Understanding and effective the date as noted thereon for represented employees. Specific salaries shall be listed and updated on District’s website annually at the beginning of each fiscal year for all employees. Annual salary schedule shall be adopted by the Board of Directors. Sec. II-4.3 Effect of promotion, demotion, or transfer on non-exempt employee’s salaries. (a) Upon promotion, an employee's salary shall be adjusted as follows:

(1) An employee shall be placed at the same step in the new classification as the former step as long as the salary increase is ten percent (10%) or less.

(2) If placing an employee in the same step would result in more than ten

percent (10%) increase, the salary shall be adjusted to the step in the new range, which closest to ten percent (10%) increase in salary, or to the first step in the new range, whichever is greater.

(b) Notwithstanding the provision of Sec. II-4.1, upon demotion of an employee with

permanent status in his/her current class, his/her salary shall be adjusted to the highest step in the new class not exceeding the salary received in the former class.

(c) Upon transfer, the salary shall remain unchanged.

(d) Notwithstanding the provisions of Sec. II-4.1, no salary adjustment upon promotion, demotion, or transfer shall effect a loss of time acquired in the former salary step, and such time as was acquired in the former salary step shall be included in computing the accumulation of the required months of service for eligibility of the employee for further salary increases.

(e) In the event of a voluntary demotion required by a work-connected illness or

injury and a resulting disability, the salary of the employee shall be placed at the step in the salary range which corresponds most closely to the salary received by the employee as of the time of illness or injury. In the event that such voluntary demotion would result in a salary loss of more than ten percent (10%) , the employee's new salary shall be set at the rate closest to, but not less than, ten

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percent (10%) below his/her salary as of the time of injury, even if retention in his/her former classification is required.

Sec. II-4.4 Part-time salaries.

The salary ranges provided in the salary plans are for full-time service in full-time positions, and are expressed in dollars per the number of working days in a bi-weekly pay period. If any position is established on any other time basis, the compensation for such position shall be adjusted proportionately. Sec. II-4.5 Work out of classification.

Except where otherwise agreed upon in a memorandum of understanding or collective

bargaining agreement:

(a) When an employee is temporarily assigned work out of classification and into a higher salaried classification, the employee will receive pay consistent with the promotional pay procedure as set forth in Section II-4.3 commencing on the eleventh such working day, provided the employee has first accumulated a total of ten (10) working days of service which has been recorded and approved in that higher salary range position.

(b) The accumulation of ten (10) working days of service will not include holidays or sick leave absences.

(c) Upon the accumulation of ten (10) working days of service, an employee temporarily assigned work out of classification and into a higher salaried classification shall receive the higher pay for: (1) Holidays when the employee is assigned work out of classification the day

prior to and following the holiday;

(2) Sick leave absences when the employee is assigned work out of classification and while the absence is not relieved by the incumbent or by another employee assigned work out of classification in the same position.

(d) Work out of classification may be assigned to cover vacant positions after

standard provision for filling such vacancies have been followed and with approval of the Manager. The Manager shall consider appointment of employees under work out of classification provision before making a provisional appointment.

(e) During the recruitment process, work out of classification appointment shall not exceed nine hundred sixty (960) hours in a fiscal year.

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Sec. II-4.6 Paychecks.

(a) Special warrants issued by the District to cover shortage errors of more than one hundred dollars ($100) in an employee's paycheck shall be provided to employees within onetwo (12) working day after written notification of discrepancy to District. Shortage errors of one hundred dollars ($100) or less will be adjusted in the following pay period upon discovery.

(b) When an overpayment error occurs in employee's paycheck, the employee will repay the overpayment within the subsequent pay period. By mutual agreement, over payments of one thousand dollars ($1,000) or more may be spread out over the extend period of time.

(c) All District employees shall have their paycheck automatic deposited into their

bank account. In the event that an employee does not have a bank account, the District shall provide payment by way of check.

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ARTICLE 5. HOURS OF WORK, OVERTIME, PREMIUM PAY Sec. II-5.1 Hours of operations and timekeeping procedures. The District normally is open for business from 7:30 a.m. to 4:30 p.m., Monday through Friday. Employees will be assigned a work schedule based on operational needs. Employees’ work schedule may fluctuate based on District needs and will be assigned accordingly. If departments propose to change hours of operation pursuant to such guidelines, they shall first obtain the District Manager's authorization. Once the work schedule is assigned, an employee is expected to begin and end work according to that schedule. Any overtime work requires prior approval from a department head. Employees must record their actual time worked for payroll and benefit purposes. It is employees’ responsibility to sign their time record to certify the accuracy of all time recorded. Any errors on the time record should be reported immediately to the supervisor, who will attempt to correct the legitimate errors. Altering, falsifying, or tempering with time records is prohibited and subjects to employee discipline, up to and including termination.

Non-exempt employees may not start work until their scheduled starting time. Non-exempt employees must record the time work begins and ends, as well as the beginning and ending time of any departure from work for any non-work-related reason, on forms prescribed by District.

Exempt employees are required to record their daily work attendance and report full or

half day’s absence from work for reasons such as leaves of absence, sick, PTO, vacation, or compensatory time. Sec. II-5.2 Overtime work.

(a) For non-exempt employees, overtime is defined as time worked beyond forty (40) regular work hours in any workweek or beyond eight (8) regular work hours in any work day, depending on the number of hours in the duty shift to which the employee is assigned. Time for which pay is received but not worked such as vacation, sick leave, and authorized compensatory time off, will be counted towards the base period. Employees shall not be assigned irregular work hours to avoid the payment of overtime.

(b) When overtime work is assigned to non-exempt employees and is authorized by a

department head to be worked, compensation for such time worked shall be computed at the rate of one (1) and one-half (1/2) hours for every hour of overtime worked for the first four (4) hours beyond eight (8) hours in one (1) day, and at the rate of two (2) hours for all hours of overtime worked beyond twelve (12) hours in one (1) day, and shall be paid in cash or by compensatory leave. The accumulation of time off credit shall not exceed forty (40) hours; the balance in excess of forty (40) hours will be paid in cash to the employee in two (2) pay periods if the balance remains above forty (40) hours. All compensatory time off

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must be taken within twelve (12) months of the date the overtime was worked, and failure to take the compensatory time off shall result in the balance of accumulated time being paid in cash to the employee. In the event a department head does not provide compensatory time off during the mandatory time period, the employee may take compensatory time off as a matter of right immediately before the end of the pay period in which the compensatory time would be lost. Compensatory time balances shall be paid in cash on separation. An employee may elect in advance to receive compensatory time off credit in lieu of cash compensation for overtime. Use of time off credit must be scheduled and approved by the department head in the same manner as vacation [see Sec. II-8.1(a)].

(c) In the absence of a departmental agreement on the subject, overtime work assignments shall be distributed among employees in the same classification and applicable work unit as equally as practicable. Overtime work required beyond the regular eight (8) hours shall be offered first to the regular employees who normally work such assignments.

(d) Employees may not work outside of scheduled working hours, or during unpaid meal periods, without the prior written authorization of a department head. Employees must record all hours worked on their timesheets in increments of fifteen (15) minutes. Works hours shall be rounded up when an employee has worked half or more than half of the increment of reportable time and down when an employee has worked less than half of the increment of reportable time (i.e. record fifteen (15) minutes if work is more than seven (7) minutes, and record zero (0) minute if work is seven (7) minutes or less.)

(e) It is misconduct for an employee to fail to record all time worked and for a supervisor to discourage an employee from recording all time worked. Any employee who believes that he/she is not able to record all hours worked shall immediate notify the human resources department in writing. Violations of this rule may result in discipline, up to and including termination of employment.

Sec. II-5.3 Meal periods.

(a) Employees work more than five (5) consecutive hours in a workday shall be granted an unpaid, off-duty meal period not less than thirty (30) minutes nor more than one (1) hour, scheduled at approximately the mid-point of the workday. Employees work more than ten (10) consecutive hours in a day shall be granted a second unpaid, off-duty thirty (30) minutes meal period. If an employee works no more than twelve (12) hours, he/she can waive the second meal period, but only if the first one was not waived in any manner. Any waiver of the second meal period must be in writing and provided before the second meal period.

(b) Employees are responsible for scheduling their own meal period with their supervisors. The meal period should begin no later than the end of the fifth hour

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of work. For example, an employee who begins working at 8:00 a.m. must begin his/her meal period no later than 1:00 p.m. Employee are encouraged to take their meal periods; Employees are not expected to work during their meal periods. Employees required to be at work stations for eight (8) or more consecutive work hours shall have their meal during working hours.

(c) If non-exempt employee is assigned two (2) or more hours of overtime work contiguous to his/her regular work shift, is called in within three (3) hours of his/her scheduled quitting time, or if District schedules the start of a shift four (4) or more hours prior to 7:30 a.m., the District will reimburse the cost of the meal actually purchased and consumed by the employee, during the shift, to a maximum amount of twelve dollars ($12.00). Employee must submit a receipt for reimbursement. Employees shall be provided additional meals as above for every four-hour period of overtime completed thereafter.

Sec. II-5.4 Rest periods. Non-exempt employees who work three-and-one half (3-1/2) or more hours per day shall be granted and take a rest period of fifteen (15) minutes for every four (4) hours or major fraction thereof worked. For purposes of this policy, “major fraction” means any time greater than two (2) hours. So, if an employee works more than six (6) hours, but no more than ten (10) hours in a workday, he/she is provided two fifteen (15) minutes rest periods: one during the first half of the shift and second rest periods during the second half of the shift. If he/she works more than ten (10) hours but no more than sixteen (16) hours in a day, three fifteen (15) minutes rest periods are provided. Rest periods shall be considered as time worked for pay purposes. If a rest break is not taken, the employee is not entitled to an earlier quitting time or extended meal period. Sec. II-5.5 Lactation breaks. The District will provide a reasonable amount of break time for an employee who wishes to express breast milk for her infant child. If possible, the break time must run concurrently with rest and meal periods already provided to the employee. If break time cannot run concurrently with rest and meal periods, it will be unpaid. The District will make reasonable efforts to provide the use of a room or location other than a bathroom stall for the employee to express milk in private. This location may be the employee’s private office, if applicable. The District may not be able to provide additional break time if doing so would seriously disrupt operations. Please consult with human resources for any questions regarding this policy. Sec. II-5.6 Clean-up time. Non-exempt employees whose work causes their person or clothing to become soiled shall be provided with reasonable time and adequate facilities for clothing change and wash-up

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purposes at shift end. Sec. II-5.7 On-call pay.

(a) On-call is defined as the requirement to remain immediately available to report for duty to perform an essential service when assigned by a department head, subject to approval by the Manager. On-call duty is in addition to and distinct from the normal workweek. This section is not applicable to those situations where employees are recalled to work when not previously placed on an on-call status.

(b) Each department head, subject to approval by the Manager, shall designate which class(es) of employee(s) shall be subject to on-call duty.

(c) Non-exempt employees assigned to on-call duty shall receive, in addition to their regular salary, twenty dollars ($20.00) for each eight-hour shift, or substantial portion thereof, of assigned on-call duty. Employees assigned to on-call duty during holidays shall receive, in addition to his or her regular salary, thirty dollars ($30.00) for each eight-hour shift, or substantial portion, thereof, of assigned on-call duty.

(d) Mobile phone shall be provided to all employees when placed on on-call status.

Sec. II-5.8 Call-back pay. Non-exempt employees assigned to on-call duty and who are called out for a service request during their on-call shift shall receive a minimum of three (3) hours overtime for the call. If another service request is received during that three-hour period, an additional three-hour minimum will not apply. Such employees who are called out for a service request during their on-call shift between the hours of 9:30 p.m. and 7:006:59 a.m. shall receive a minimum of four (4) hours overtime for the call. If another service request is received during that four-hour period, an additional four-hour minimum will not apply. Sec. II-5.9 Night shift differential. "Night shift" means an assigned schedule of work hours after 5:00 p.m. and before 7:300 a.m. A premium for night shift of sixty-five cents ($0.65) an hour shall be paid to all District non-exempt employees for a night shift to which they are normally assigned, and a premium for night shift of one dollar ($1.00) an hour shall be paid to all District non-exempt employees for night shift work to which they are not normally assigned, irrespective of classification, pay level, overtime status, holiday work, or other wage variations. The night shift premium shall be allowed to an employee on any leave of absence with pay while assigned to a regularly-scheduled night shift and the employee is returning to a night shift schedule immediately following the leave of absence with pay. The night shift premium shall not be allowed in computing payments at time of termination.

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Sec. II-5.10 Split shift pay. A non-exempt employee who is performing services upon a split shift shall be paid an additional three dollars and sixty cents ($3.60) per day. "Split shift" is defined as eight (8) hours of work which are not completed within any nine (9) consecutive hours in a work day. Sec. II-5.11 Grade certification pay. A non-exempt employee who earns a California Water Environment Association grade certification over the minimum required for his/her classification shall receive, in addition to regular salary, a premium of twenty-five dollars ($25.00) per month for the first additional certification and five dollars ($5.00) per month for each additional certification. Sec. II-5.12 Professional Engineer Registration Bonus. A one-time bonus of one thousand dollars ($1,000.00) will be paid to any engineering department employee who obtains his or her professional engineering license while employed at the District, on the condition that the employee has been a full-time employee of the District for one (1) year preceding the award and remains in District employment for one (1) year following receipt of the award. The award will be deducted from employee’s last paycheck if the employee departs from the District employment without fulfilling the one-year requirement. Sec. II-5.13 Temporary work location. When an employee is assigned to work at a location different from his/her regularly assigned work location, he/she shall be allowed to travel on District time to that work location. Time allotted for travel shall be based on distance to and from his/her regular work location and the temporary work location. The District will either supply transportation for such travel or shall pay mileage based on the above distances. The District assumes no obligation to the employee who for self-convenience voluntarily reports to other than the regularly assigned work location. Sec. II-5.14 Travel time for non-exempt employees

Non-exempt employees are paid for travel time in accordance with federal law. (a) Out-of-Town Trips for one (1) Day – Non-exempt employees who travel out of

town for a one-day assignment will be paid for all travel time, except for, among other things: (i) time spend traveling between the employee’s home and the local railroad, bus, or plane terminal; and (ii) meal periods.

(b) Local Travel – Non-exempt employees will be compensated for time spent

traveling from one job site to another job site during a workday. The trip home, however, is non-compensable when an employee goes directly home from his/her final job site, unless it is much longer than his/her regular commute home from

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the regular worksite. In such case, the portion of the trip home in excess of the regular commute is compensable.

(c) Commuting Time – Under the Portal to Portal Act, travel from home to work and

from work to home is generally non-compensable. However, if a non-exempt employee regularly reports to a worksite near his/her home, but is required to report to a worksite farther away than the regular worksite, the additional time spent traveling is compensable.

Sec. II-5.15 Safe harbor policy for exempt employees.

It is the District’s policy and practice to accurately compensate employees and to do so in

compliance with all applicable state and federal laws. To ensure that employees are paid properly and that no improper deductions are made, employees must review their pay stubs promptly to identify and report all errors. Exempt salaried employees will receive a salary, which is intended to compensate for all hours worked for the District. This salary will be at the time of hire or when the employee becomes classified as an exempt employee. While it may be subject to review and modification from time to time, such as during performance review, the salary will be a predetermined amount that will not be subject to deductions for variations in the quantity or quality of the work performed.

Sec. II-5.16 Exempt employee pay practices.

(a) Under federal and state law, exempt employees’ salaries are subject to certain deductions. For example, unless state law requires otherwise, salaries can be reduced for the following reasons:

(1) Full-day or partial-day absences for personal reasons.

(2) Full-day or partial-day absences for sickness or disability.

(3) Full-week disciplinary suspensions for infractions of our written policies

and procedures.

(4) To offset amounts received as payment for jury and witness fees or military pay.

(5) The first or last week of employment in the event the employee works less

than a full week.

(6) Any full workweek in which employee does not perform any work. (b) An employee’s salary may also be reduced for certain types of deductions such as

portion of health, dental, or life and voluntary insurance premiums; state, federal or local taxes; social security; or contributions to a deferred compensation and/or pension plan.

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(c) In any workweek in which employee performed any work, the salary for exempt

employees will not be reduced for any of the following reasons:

(1) Partial day absences for personal reasons, sickness or disability less than 4 hours.

(2) Absence on a day because the District has decided to close a facility on a

scheduled workday.

(3) Absences for jury duty, attendance as a witness, or military leave in any week in which employee has performed any work.

(4) Any other deductions prohibited by state or federal law.

(5) However, deductions may be made to accrued leave for full- or partial day

absences for personal reasons, sickness, or disability.

(d) If the employee believes he/she has been subject to any improper deductions, the employee should immediately report the matter to his/her supervisor. If the supervisor is unavailable or if it is inappropriate to contact that person (or the employee has not received a prompt and fully acceptable reply), the employee should immediately contact the human resources or any other supervisors in the District with whom he/she feels comfortable.

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ARTICLE 6. PROTECTIVE CLOTHING Sec. II-6.1 Providing protective clothing.

(a) District shall provide the necessary protective clothing to employees and classifications pursuant to such requests by the employees affected as provided by law under Cal-OSHA, Title 8, Subchapter 7, Article l0. The District shall pay the cost of repairing or replacing the clothing and equipment of District employees which has been damaged, lost, or destroyed in the line of duty when the following conditions exist:

(1) The clothing or equipment is specifically required by the department or

necessary to the employee to perform his/her duty; and not adaptable for continued wear to the extent that they may be said to replace the worker's regular clothing; or

(2) The clothing or equipment has been damaged or destroyed as part of the

employee's duties or in the saving of a human life; and

(3) The employee has not, through negligence or willful misconduct, contributed to such damage or destruction of said property.

(b) Claims for reimbursement shall be reviewed and approved by the Manager. (c) Reimbursement for safety shoes shall be calculated based upon terms agreed upon

in the applicable memorandum of understanding.

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ARTICLE 7. HOLIDAYS Sec. II-7.1 Legal holidays. The following shall be observed as holidays for full-time employees; non full-time employees are not entitled to paid holiday: (a) January 1st. (New Year's Day) (b) Third Monday in January. (Martin Luther King Day) (c) Third Monday in February. (Presidents' Day) (d) Friday afternoon before Easter. (four (4) hours holiday) (e) Last Monday in May. (Memorial Day) (f) July 4th. (Independence Day) (g) First Monday in September. (Labor Day) (h) September 9th. (Admission Day) (i) Second Monday in October. (Columbus Day)

(j) Veterans' Day -- to be observed on the date the State of California workers observe the holiday.

(k) Fourth Thursday in November. (Thanksgiving Day) (l) Friday following Thanksgiving Day. (m) December 24th. (Christmas Eve) (n) December 25th. (Christmas Day) (o) Other such holidays as may be designated by the Board of Directors. Sec. II-7.2 Observance. Employees shall enjoy the same number of holidays, regardless of variations in work weeks. Holidays which fall on Sunday are observed on the following Monday. Holidays which fall on Saturday shall be observed on the preceding Friday. Holidays which fall during a vacation period or when an employee is absent because of illness shall not be charged against the employee's vacation or sick leave balance. When the District holidays fall on an employee's scheduled day off, the day shall be added to employee's vacation balance. Sec. II-7.3 Holiday work. If holiday work is assigned and authorized by the department head, such time worked by regular employees shall be paid in cash or compensatory time at a rate of one (1) and one-half (1/2) times the regular hourly rate, and at the rate of two times the regular hourly rate for any hours beyond eight (8) hours during any holiday, including premium pay for night shift work, plus any holiday pay to which the employee is entitled. Holiday work if authorized shall be offered first to regular employees within the work unit. No employee may elect to work a holiday that falls on the employee's normal day off.

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ARTICLE 8. VACATIONS Sec. II-8.1 Vacation earnings. Each full-time employee shall be entitled to an annual paid vacation. Vacation is earned on an hourly basis. For purposes of this Article, a day is defined as eight (8) work hours. During the first year of continuous service, vacation shall be computed at the rate of ten (10) working (10) days per year.

Beginning with the second year of continuous service, vacation shall be computed at the rate of twelve (12) working days per year.

Beginning with the fifth year of continuous service, vacations shall be computed at the rate of sixteen (16) working days per year.

Beginning with the tenth year of continuous service, vacations shall be computed at the rate of eighteen (18) working days per year.

Beginning with the fifteenth year of continuous service, vacations shall be computed at the rate of twenty (20) working days per year.

Beginning with the twentieth year of continuous service, vacations shall be computed at the rate of twenty-two (22) working days per year.

(a) Insofar as possible, vacations shall be granted at the time requested by the employee. In case of conflict, employees shall be given preference on a first come first serve basis.

(b) In the event the employee does not take all the vacation to which he/she is entitled

in the succeeding twenty-six (26) pay periods, he/she shall be allowed to carry over the unused portion, provided that he/she shall not accumulate more than two hundred fifty-six (256) hours for employees with service from one to five (1-5) years, two (2) years' vacation earnings for employees with more than five (5) years of District service, or three (3) years’ vacation earnings for unrepresented executive managers except:

(1) When absent on full salary due to work-related compensation injury which

prevents his/her reducing his/her credits to the maximum allowable amount; or

(2) In the case of inability to take vacation because of extreme emergency

such as fire, flood, or other similar disaster, an additional accumulation may be approved by the Manager.

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(c) In the event the department head does not provide vacation for an employee sufficient to reduce his/her accumulated vacation balance to the amount permitted, the employee may take vacation as a matter of right immediately before the end of the pay period in which vacation could be lost, not to exceed one (1) year's earnings. The balance of the employee's accumulated vacation shall remain to his/her credit.

(d) A person who terminates employment shall be paid the monetary value of the

earned vacation as of the actual date of termination of employment.

(e) Vacation accrual will be ceased or prorated if employee is integrating accrual leaves while on leave for any purposes, such as but not limited to medical, disability, worker’s compensation, leave without pay, etc.

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ARTICLE 9. LEAVE PROVISIONS Sec. II-9.1 Personal business/belief days for full-time employees.

(a) On the first pay period of the fiscal year, each employee shall be credited with twenty four (24) hours of personal leave.

(b) An additional eight (8) hours shall be credited as personal day which will

normally be taken on the employee's birthday, but may be considered a "floating" leave day.

(c) Exempt employees shall be granted forty- eight (48) hours of administrative leave

per year. Such leave shall be credited on the first pay period of the fiscal year.

(d) Employees hired during the fiscal year will receive prorated hours of (a) personal leave and (c) administrative leave above in the first pay period. The number of hours credited will be based on the number of months for the remain of the fiscal year plus one (e.g. an exempt employee hired on March 15th will receive 4/12 of 24 personal leave and 48 administrative leave hours).

(e) All accumulated leaves in (a), (b), and (c) above must be used by the last pay period of the fiscal year for any lawful purpose he/she desires, provided such leave must be scheduled in advance with the supervisor except in cases of bona fide emergency. Upon termination of employment, unused leaves in (a), (b), and (c) above will not be included in monetary payout.

Sec. II-9.2 Paid sick leave for part-time, seasonal, extra-help, and temporary employees.

(a) Paid sick leave shall be credited at the first pay period each fiscal year or the beginning of employment for new employees, at the rate of twenty-four (24) hours for employees who work thirty (30) or more days within a fiscal year. An employee shall be entitled to use accrued paid sick leave beginning on the 90th day of employment, defined as the number of days worked, regardless of number of hours worked in a day. Employees who have not worked in a twelve (12) months period shall be considered a new employee for purpose of sick leave accrual and usage. Reference Resolution No. 15.06.16.

(b) No unused sick leave accrual shall be carried over to the following fiscal year or shall be paid upon termination, resignation, retirement, or other separation from District employment.

(c) Paid sick leave shall be taken in increments of not less than two (2) hours. (d) CalPERS retirees are not eligible for paid sick leave (reference AB304).

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Sec. II-9.3 Sick leave for full-time employees. (a) Each full-time employee shall be entitled to sick leave. Such leave shall be earned

on an hourly basis and computed at the rate of ninety-six (96) hours per year. Each employee shall be allowed to carry over his or her unused sick leave provided that such accumulation does not exceed one thousand (1,000) hours. Use of sick leave must be approved by the supervisor.

(b) Request for sick leave with pay for more than seven (7) working days in a

calendar year may require a statement from an accredited physician. Requests for medical notes for any absences under protected leave laws will be made consistent with the provisions of any such law if the law requires a reporting process that is difference than in the paragraph.

(c) An employee may use up to one-half of their yearly paid sick leave accrual to care

for an ill child, parent, parent-in-law, sibling, grandparent, grandchild, spouse, a registered domestic partner or a “designated person” if the employee has no spouse or registered domestic partner, as applicable, the employee has ten (10) work days to name her/her “designated person” and may change the designation annually with human resources department. Use of sick leave with pay for “kin care” of more than seven (7) working days in a calendar year may require a statement from an accredited physician.

(d) An employee who will be out of work due to the use of paid sick day must call in

and notify as early as possible, but at least prior to the start of the workday. (e) Sick leave pay-off provisions:

(1) On the first pay period of the fiscal year, employees shall be paid the monetary value of accumulated sick leave in excess of one thousand (1,000) hours.

(2) Upon resignation in good standing, unused sick leave will be paid off

according to the following schedule, based on length of service: For employees in their first through fifth year of service, unused sick leave will be paid off at twenty percent (20%) of equivalent cash value. For employees in their sixth through tenth year of service, unused sick leave will be paid off at twenty-five percent (25%) of equivalent cash value. For employees in their eleventh year or more of service, unused sick leave will be paid off at thirty percent (30%) of equivalent cash value.

(3) Upon retirement of classic member, as defined in PEPRA, unused sick

leave balances under one hundred (100) hours will be paid according to paragraph (e)(2) above. Unused sick leave balances between one hundred (100) and one thousand (1,000) hours, the entire balances will be converted to retirement service credit as described in an amendment to the

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District's contract with the California Public Employees Retirement System. Sick leave in excess of one thousand (1,000) hours will be paid off at one hundred percent (100%) of equivalent cash value.

(4) Upon retirement of PEPRA member, as defined in PEPRA, unused sick

leave balances up to one thousand (1,000) hours will be paid according to paragraph (e)(2) above. Sick leave in excess of one thousand (1,000) hours will be paid off at one hundred percent (100%) of equivalent cash value.

(f) All other rights to sick leave except as provided in paragraph (e) above shall be

cancelled upon an employee's separation from the District. An employee receiving a sick leave pay-off in accordance with paragraph (e)(2) above may, if reinstated within one (1) year, repay the full amount of sick leave pay-off received and have his/her former sick leave balances restored. Repayment in full must be made prior to reinstatement.

(g) If any employee on vacation becomes ill, he/she may convert vacation time to

sick leave with pay. (h) When an employee has exhausted all accumulated sick leave, he/she shall have

the option of using vacation, PTO, compensatory time or leave without pay for absences due to illness. The employee must notify the supervisor of employee's option prior to payroll action, otherwise vacation time will be used. When requested by the employee, District will restore vacation by making the appropriate payroll adjustment in the next payroll period.

(i) Sick leave, pay and vacation, PTO, and compensatory time pay to which the

worker is entitled at the time of disability shall be integrated with state disability plan benefits until such pay is exhausted, unless at the time of submission of the claim the worker indicates in writing that he/she does not want such integration of payments to take place. This choice shall be binding for the entire period of each disability. The combination of all biweekly payments shall not exceed an amount equal to the worker's base hourly rate of pay times normal hours worked biweekly at the time of disability.

(j) Sick leave accrual will be ceased or prorated if employee is integrating accrual

leaves while on leave for any purposes, such as but not limited to medical, disability, worker’s compensation, leave without pay, etc.

Sec. II-9.4 Fitness for duty examination and compulsory leave.

(a) If any non-probationary employee is required by the Manager to participate in a

medical and/or fitness for duty examination not connected with pre-existing or existing industrial injury to determine if he/she is incapacitated for work, the following provisions will apply and will be given to the employee in writing:

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(1) Before making a decision, the physician designated by the Manager will make a concerted effort to consult with the employee's personal physician and will advise him/her of this procedure.

(2) If the employee's personal physician agrees with the decision of the

physician designated by the Manager, the decision is final.

(3) If the physicians disagree, and the employee so requests, they will select a third physician whose determination will be final. Cost for such examination by the selected physician shall be borne by the District.

(b) The Manager may require an employee who has been formally charged in a court

of competent jurisdiction with the commission of any felony or of a misdemeanor involving moral turpitude, provided said crime is related to the employee's employment status, to take a compulsory leave of absence without pay pending determination by way of a plea, finding or verdict at the trial court level as to the guilt or innocence of such employee.

(1) If there is a determination of innocence or the charges are dropped, the

employee shall be reinstated to his/her position with return of all benefits, including salary, that were due for the period of compulsory leave; subject, however, to appropriate disciplinary action if warranted under the circumstances. Any such disciplinary action may be imposed effective as of the commencement date of the compulsory leave imposed under this section.

(2) If there is a determination of guilt, the Manager may take appropriate

disciplinary action. If the action is a suspension and the suspension is for a shorter duration than the compulsory leave, the employee shall receive the difference between the compulsory leave and the suspension in salary and all benefits.

Sec. II-9.5 Military leave.

(a) The provisions of the Military and Veterans Code of the State of California and

the Federal Uniformed Services Employment and Reemployment Rights Act (USERRA) shall govern the military leave of employees of the District.

(b) Any regular or provisional employee shall be allowed time off with no loss in pay

for the time required to receive a physical examination or reexamination as ordered by provisions of a national conscription act or by any branch of the national or state military services.

(c) Refer to the District’s Military Leave Policy for compensation and benefits for

temporary and other-than temporary military leave.

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Sec. II-9.6 Time off for military spouse.

(a) An employee, on average, works at least twenty (20) hours per week is eligible to take leave for a period of up to ten (10) days while his/her spouse is home during a qualified leave period when his/her spouse is a qualified member of the United States Armed Forces, the National Guard or the Reserves. Qualify leave period is the period during which the qualified member is on leave from deployment during a period of military conflict. Qualified member means a member of the United States Armed Forces who is deployed during a period of military conflict to an area designed as a combat theater or combat zone by the President of the United States; or a member of the National Guard or the Reserve who is deployed during a period of military conflict.

(b) Required notice - within two (2) business days of receiving official notice that the employee’s spouse will be on leave, the employee must provide notice to the District of his/her intent to take time off for military spouse.

(c) Required documentation - the employee must submit documentation to the

District certifying that during his/her requested time off, the employee’s spouse will be on leave from deployment during a period of military conflict.

(d) Leave granted under this policy is unpaid. Employees may use accrued vacation,

PTO, or comp time for any period of unpaid leave. Sec. II-9.7 Leave without pay.

(a) Leaves of absence without pay may be granted to employees by the Manager for up to one (1) year. Extensions to leaves approved for less than one (1) year shall not unreasonably be denied provided adequate advance notice is given. If an employee wishes to return to work early from a leave of absence, he/she shall provide reasonable advance notice to the Manager. Leaves beyond one (1) year may be granted due to unusual or special circumstances. The following are approved reasons for such leave:

(1) Illness beyond that covered by sick leave. (2) Education or training which will benefit the District.

(3) Other personal reasons, which do not cause inconvenience to the

department.

(4) To accept other government agency employment.

(5) Paternity leave, not to exceed six (6) months.

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(b) Leaves of absence without pay for a maximum of five (5) working days each year may be granted employees for the purpose of transacting union business. This leave shall be in addition to time off allowed a union representative pursuant to a memorandum of understanding.

(c) A leave may be revoked by the Manager upon evidence that the cause for granting

it was misrepresented or has ceased to exist.

(d) An employee may elect to take vacation or leave without pay for an authorized absence. The employee must notify the supervisor of his/her option prior to commencement of leave action, otherwise vacation time will be used. When the authorized absence is less than a pay period and when requested by the employee, the management District will restore vacation by making the appropriate payroll adjustment in the payroll period following employee's request. The Manager may assign leave without pay for an unauthorized absence.

(e) Maternity and other protected leaves of more than thirteen (13) pay periods, leave

of absence without pay of more than two (2) pay periods, and suspensions shall not be counted as time spent in a salary step in computing eligibility of the employee for further salary increases. All time spent on industrial injury leave shall be counted.

Sec. II-9.8 Pregnancy disability Leave.

(a) Employees disabled by pregnancy, childbirth or related medical conditions are eligible to take a pregnancy disability leave (PDL).

(b) Employees may request leave by notifying their supervisor or the human resources.

(c) Employees affected by pregnancy or a related medical condition are also eligible

to transfer to a less strenuous or hazardous position/duties, if such a transfer is medically advisable and can be reasonably accommodated. Employees disabled by qualifying conditions may also be entitled to other reasonable accommodation where doing so is medically necessary. In additional, if it is medically advisable for the employee to take intermittent leave or work a reduced schedule, the District may require the employee to transfer temporarily to an alternative position with equivalent pay and benefits that can better accommodate recurring period of leave.

(d) The PDL is for any period(s) of actual disability cause by a pregnancy, childbirth or related medical condition up to four (4) months per pregnancy. For purpose of this policy, “four (4) months” means time off for the number of days the employee would normally work within the four (4) calendar months (one-third (1/3) of a year, or seventeen point three (17.3) weeks or one hundred twenty-two (122) days), following the commencement date of taking a pregnancy disability

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leave. For a full- time employee who works five (5) eight-hour days per week, or forty (40) hours per week, “four (4) months” means eighty-eight (88) working and/or paid eight-hour days or six hundred ninety-two (692) hours of leave entitlement, based on an average of twenty-two (22) working days per month for seventeen point three (17.3) weeks in four (4) months times forty (40) hours per week. Employees working a part-time schedule will have their PDL calculated on a pro-rata basis.

(e) The PDL does not need to be taken in one continuous period of time, but can be

taken on an as-needed basis. (f) Time off needed for prenatal or postnatal care, severe morning sickness,

gestational diabetes, pregnancy-induced hypertension, preeclampsia, doctor-ordered bed rest, postpartum depression, loss or end of pregnancy, and recovery from childbirth or loss or end of pregnancy are all covered by PDL.

(g) To receive reasonable accommodation, obtain a transfer, or take a PDL, employee

must provide sufficient notice so the District can make appropriate plans – thirty (30) days advance notice if the need for the reasonable accommodation, transfer or PDL is foreseeable, otherwise as soon as practicable if the need is an emergency or unforeseeable.

(h) Employees are required to obtain a certification from her health care provider of

her need for pregnancy disability leave or the medical advisability of an accommodation or for a transfer. The certification should include:

(1) The date on which employee became disabled due to pregnancy or the

date of the medical advisability for a transfer;

(2) The probable duration of the period(s) of disability or the period(s) for the advisability of a transfer; and

(3) A statement that, due to the disability, employee is either unable to work at all or to perform any one or more of the essential functions of her position without undue risk to herself or to other persons; or a statement that due to the pregnancy, a transfer to a less strenuous or hazardous positon or duties is medically advisable.

(i) Upon request, the employee’s supervisor shall provide a medical certification

form that the employee can take to her doctor.

(j) As a condition of the employee’s return from pregnancy disability leave or transfer, the employee is required to obtain a release to return to work from her health care provider stating that she is able to resume her original job duties with or without reasonable accommodation.

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(k) An employee may use any accrued vacation or PTO or compensatory time as part of the PDL before taking the remainder of leave on an unpaid basis. Employee is required to use any available accrued sick leaves during the PDL. The substitution of any paid leave will not extend the duration of the PDL.

(l) Upon request, maternity leave without pay shall be granted to natural or adoptive

parents by the Manager for a period of up to six (6) months, coordinated with PDL. With notice no less than one (1) month prior to the conclusion of the leave, such leave may be extended up to one (1) year upon approval of the Manager within his/her discretion. An employee who is pregnant may continue to work as long as her physician approves.

(m) Employee should contact the California Employment Development Department

regarding her eligibility for state disability insurance for the unpaid portion of leave.

Sec. II-9.9 Leave to perform jury duty or to respond to a subpoena.

(a) An employee shall be allowed to take leave from his/her district duties without loss of wages, vacation time, sick leave or employee benefits for the purpose of responding to summons to jury selection or serving on a jury for which he/she has been selected, subject to the limitation that an employee shall receive paid leave to serve on a jury for which he/she has been selected not more than once during a calendar year and provided that he/she transfers to the District all compensation, other than the mileage allowance, which he/she receives as compensation by virtue of his/her performance of such jury duty. The employee is required to notify his/her department head when he/she has received a jury summons and when his/her jury service is completed.

(b) Nothing in this section shall prevent any District employee from serving on a jury

more than once per calendar year, provided, however, that such additional periods of absence from regular District duties as a result thereof shall be charged, at the option of such employee, to either accrued vacation time or leave without pay.

(c) No employee shall suffer loss of wages or benefits in responding to a subpoena to

testify in court if that employee is not a party to the litigation.

(d) In the event a night shift employee is called to court under the above provision, the following shall apply:

(1) Swing or PM shift shall have release time the day of court attendance;

time spent in court shall be deducted from the regular shift on that day with no loss of wages or benefits.

(2) Night or graveyard shall have release time prior to court attendance; and

that employee shall suffer no loss of wages or benefits.

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(e) For the purpose of this section, an employee who responds to a summons to jury

duty and who is not selected as a juror shall not be deemed to have performed jury duty and shall return to work as soon as possible.

Sec. II-9.10 Educational leave and tuition reimbursement.

(a) The District shall maintain an educational leave and tuition reimbursement program.

(b) Employees are eligible to participate in the program provided:

(1) The employee is not receiving reimbursement from any other government agency or private source.

(2) The training undertaken is related to the employee's occupational area or

has demonstrated value to the District.

(3) The application was filed with the Manager or his/her designee prior to the commencement of the course. Applications requiring time off must be filed with the Manager at least ten (10) working days prior to the commencement of the course.

(4) Substitute courses may be approved when approved courses are found to

be unavailable. (5) There are sufficient funds available in the program.

(c) Management may disapprove an application for tuition reimbursement provided:

(1) Notice of disapproval is given to the employee within ten (10) working days after receipt of the application.

(2) The District alleges disapproval is necessary because any of the provisions

above have not been met. When an employee disagrees with the disapproval and files a grievance, he/she shall be allowed to continue the course with time off as provided for in this section, except for denial based on paragraph b (5) above. If a final determination is made against the employee, time off shall be made up by working, charging vacation time or compensatory time, or payroll deduction, and tuition reimbursement shall not be paid. If a final determination is made supporting the employee, he/she shall be fully reimbursed in accordance with this section.

(d) Total reimbursement for each employee participating in the program will not

exceed seven hundred fiftyone thousand dollars ($751,000) per fiscal year. Mileage and subsistence will not be authorized unless the training is required of

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the employee. Within the above limit, employees shall receive full immediate reimbursement for tuition and other required costs (including textbooks) upon presentation of a receipt showing such payment has been made.

(e) The employee shall sign a note which states that, upon receipt of reimbursement,

he/she authorizes:

(1) Deduction from his/her wages in the event he/she does not receive a passing grade of C or better.

(2) Deduction of fifty percent (50%) of the amount of reimbursement if he/she

leaves District employment within one (1) year after satisfactory completion of the course.

(3) Deduction of the full amount of reimbursement if he/she leaves District

employment before completion of the course.

(f) Employees taking a course available only during working hours must make up 50% of the time away from job. Make-up time may be deducted from the employee's accrued vacation, personal leave, or compensatory time balance. Make-up time will not be allowed when it results in the payment of overtime. A department will make every effort to allow the employee time off except where the payment of overtime will result. An employee and the appropriate level of management may mutually rearrange the duty shift beyond eight (8) hours but within the forty-hour work week for purposes of participating in non-duty education and/or training deemed by the District to be to the benefit of the employee and the District and such arrangement will be considered a waiver of Sec. II-5.2.

Sec. II-9.11 Bereavement leave. Leaves of absence with pay shall be granted employees in order that they may discharge the customary obligations arising from the death of a member of their immediate family. "Immediate family" shall mean the parent, step-parent, grandmother, grandfather, of the employee or of the spouse of the employee, and the spouse, domestic partner, son, step-son, son-in-law, daughter, step-daughter, daughter-in-law, brother, sister, grandchild, half-brother, half-sister, brother-in-law, or sister-in-law of the employee, legal guardian, or any person living in the immediate household of the employee. Up to five (5) days with pay shall be granted, with two (2) days chargeable to sick leave as the fourth and fifth day, if necessary. Sec. II-9.12 Absence without leave or failure to report. Absence without leave or failure to report, whether voluntary or involuntary, for five (5) consecutive working days is an automatic resignation from District employment, as of the last date on which the employee worked. An employee who is absent without leave or fail to report to the District may be reinstated to permanent employment if his/her reason for his/her absence

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was beyond his/her control, notice of reason for his/her absence is given within ten (10) days of the commencement of his/her absence, and the reason for the leave is permissible pursuant to Article 9. The absence of an employee reinstated pursuant to this section shall be considered as leave without pay unless the reason for his/her absence qualifies him/her for a different type of leave. Sec. II-9.13 Paid family leave benefits.

(a) An employee, who is off work to care for a child, spouse, parent, registered domestic partner with a serious health condition, or to bond with a new child, may be eligible to receive benefits through the California “Paid Family Leave” (PFL) program, which is administered by the Employment Development Department (EDD).

(b) The benefits are financed solely through employee contributions to the PFL program. That program is solely responsible for determining if an employee is eligible for such benefits. Generally, there is a seven (7) calendar day waiting period during which no PFL benefits are available. An employee may use sick leave and/or vacation during the waiting period.

(c) Employee needs to take time off work to care for a child, spouse, parent, or

registered domestic partner with a serious health condition or to bond with a new child must advise the human resources. Employee will be given information about the EDD’s PFL program and how to apply for benefits. Employees also may contact their local Employment Development Department for further information. An employee should maintain regular contact with the human resources during the time he/she is off work so the District may monitor his/her return-to-work status. In addition, an employee should contact the human resources when he/she is ready to return to work so the District may determine what positions, if any, are open.

(d) Employees taking time off work to care for a child, spouse, parent, or domestic

partner with a serious health condition or to bond with a new child are not guaranteed job reinstatement.

(e) An employee receives PFL benefits may integrate banked leave time hours with

the benefits. An employee must notify the human resources within one week of leave. The advantage of integration is to receive an amount as close or equal to the employee’s regular gross pay while on leave.

Sec.II-9.14 Time off for school related activities. Parents, guardians, or grandparents with school children from kindergarten through Grade 12, or who attend licensed child day care facilities, are provided unpaid time off (up to a maximum of eight (8) hours in one (1) calendar month and forty (40) hours in one (1) calendar year) to participate in school or day care activities. The District may require proof of an

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employee’s participation in these activities. Employees must provide reasonable advance notice to their supervisor before taking any time off under this policy. Parents, guardians, or grandparents with custody of school aged children who have been suspended also are allowed to take unpaid time off to appear at the school pursuant to the school’s request. Sec. II-9.15 Voting leave. In the event an employee does not have sufficient time outside of working hours to vote in a statewide election, the employee may take off sufficient working time to vote. This time should be taken at the beginning or end of the regular work schedule, whichever allows the most free time for voting and the least time off from work. An employee will be allowed a maximum of two (2) hours of voting leave on Election Day without loss of pay. Where possible, the supervisor should be notified of the need for leave at least three (3) working days prior to the Election Day.

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ARTICLE 10. BENEFIT PROGRAMS Sec. II-10.1 Worker's compensation.

(a) Every employee shall be entitled to industrial injury leave when he/she is unable to perform services because of any injury as defined in the Worker's Compensation Act.

(b) An employee who is disabled as a result of an industrial injury shall be placed on

leave, using as much of his/her accumulated compensatory leave, his/her accrued sick leave and vacation time as when added to any disability indemnity payable under the Worker's Compensation Act will result in a payment to him/her of not more than his/her full salary. The first three (3) days shall be charged to the employee's accrued but unused sick leave. If the temporary disability period exceeds fourteen (14) calendar days, temporary disability will be paid for the first three (3) days.

(c) Employee may choose to receive full paycheck (80 hours) using sick leave PTO, vacation, and/or compensatory time until leave time is exhausted. The payment from Worker’s Compensation program can be used to "buy back" the leave accrual using the pay rate at the time the “buy back” occurs. The combination of District’s paycheck and Worker’s Compensation pay cannot exceed the employee's normal gross pay.

(d) Employees required by their physician to undergo therapy or treatment due to an

industrial injury, while at work or following return from leave, may use District time if all of the following conditions are met:

(1) Treatments are being paid under Workers’ Compensation. (2) The therapy or treatment falls within the employee’s normal working

hours.

(3) Applies only to actual prescheduled treatment time and reasonable travel time.

(4) Employee provides a statement from the physician or treatment facility.

(e) Loss of, or damage to, an employee's clothing resulting from an industrial injury

which requires medical treatment will be replaced by the District through the following procedures:

The Manager will review and make recommendation on all such incidents as submitted in writing by the employee. Reimbursement will be limited to the lesser of:

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(1) The proven replacement cost, or (2) The repair cost.

Both of the above are limited by aone hundred dollars ($100.00) maximum. (Nothing in this section is intended to replace or supersede Section II-6.1 which provides for replacement of items damaged, lost, or destroyed in the line of duty.)

Sec. II-10.2 Training for disabled employees.

(a) When an employee is determined by the District unable to return to the classification in which he/she held permanent status because of a work-connected illness or injury and does not elect a disability retirement, that employee will be offered vocational rehabilitation.

(b) If the employee meets all the qualifications for a particular position (this would

take into account his/her medical limitations, prior work experience, and skills) and an opening exists that involves a lateral transfer or demotion, the position shall be offered to the employee. If a transfer or demotion is accepted, the employee's salary shall be adjusted as provided in Chapter II, Article 4, Sec. II-4.3 (c) and (e).

(c) In those cases where the employee may not have the necessary prior experience or

all the required skills for a transfer or demotion to another position, but there is reasonable assurance that the employee will be capable of obtaining them through a designated formal on-the-job training program, the District will make reasonable efforts to place the employee in a training program.

(d) If, after a period on the job, it is demonstrated that the employee is unable to

develop the required skills, knowledge and abilities and/or cannot meet the physical requirements to handle the new position, he/she will be placed on a leave of absence and the placement process begins again.

(e) Any position which involves a promotion will call for the normal qualifying

procedures, written and/or oral examination. However, if it is found that an employee meets all the qualifications for a higher paying position and an eligibility list is already in existence, the employee shall be allowed to take a written and/or oral examination, and, if the employee qualifies, the employee's name will be placed on the eligibility list commensurate with his/her score.

(f) In those cases where the District is unable, for one reason or another, to place an

employee in any position, that employee's case will be referred to an accredited rehabilitation agency as approved by the State Division of Industrial Accidents for testing, counseling, and retraining at either the District's or State's expense.

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(g) The provisions of this section shall not apply if State legislation removes from the District the control of training for disabled workers.

Sec. II-10.3 Medical, dental, and vision plans. The District will contribute the monthly premium for employees’ medical, dental, and vision plans as agreed upon in the applicable memorandum of understanding or management benefits program. Sec. II-10.4 Group life insurance. See the specific program documentation for detail of the specific plan:

(a) Basic group term life insurance - District shall provide twenty-five thousand dollars ($25,000) coverage for all active hourly and salaried employees holding regular full-time positions.

(b) Supplemental life insurance - all active hourly and salaried employees holding

regular full-time positions are eligible to purchase supplemental life insurance. The District shall reimburse employees the cost of premium plus twenty-five percent (25%), up to seventy dollars ($70.00) per month for supplemental life insurance coverage, provided through the County of Santa Clara to the extend allowed by those plans. Supplemental life insurance shall be provided at no cost to the Director of Administration and Information Services, Director of Engineering and Operations, and District Manager.

(c) Accidental and dismemberment Insurance - all active hourly and salaried

employees holding regular full-time positions are eligible to purchase additional accidental and dismemberment insurance. Participation is voluntary. If an employee elects coverage, the biweekly premium will be deducted from the employee's paycheck.

Sec. II-10.5 Unemployment compensation. In the event of layoff (as set forth in Chapter II, Article 2), unemployment compensation will be provided in the situation and in the amount as set forth in the State Unemployment Insurance Program. Sec. II-10.6 Deferred compensation plan. The District will offer its employees a deferred income plan insofar as it can legally provide a plan. Sec. II-10.7 Disability insurance.

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(a) District shall provide employees with State Disability Insurance (SDI). District shall pay the premium for such insurance.

(b) State Disability Insurance may be integrated with sick leave or vacation. Within

one (1) week of being disabled from work, the employee or his/her representative must contact the District office to provide the following information; integration will begin from the point when election is made and will not be retroactive to the beginning of the leave:

(1) The date the disability or illness began;

(2) The estimated duration of the disability; (3) A phone number where the employee can be reached;

(4) The election of sick leave/vacation usage during the first seven calendar day waiting period;

(54) Whether or not the employee is planning to file for SDI;

(65) The election to integrate sick leave, compensatory time, and vacation pay with SDI benefits.

(c) A worker who is determined to be eligible to receive SDI shall be paid a bi-

weekly amount (accumulated sick leave, compensatory time, PTO, and vacation) which, when added to SDI benefits, shall equal his/her normal bi-weekly gross pay.

Sec. II-10.8 Long-term disability insurance. Long-term disability insurance is an income protection program which pays up to sixty-six and two-third percent (66 2/3%) of regular base wages in the event the disability lasts longer than sixty (60) days. All active hourly and salaried employees holding regular full-time positions are eligible to purchase long-term disability insurance. The District shall reimburse employees the cost of premium plus additional twenty-five percent (25%), up to twenty dollars ($20.00) per month for long-term disability coverage, provided through the County of Santa Clara to the extent allowed by those plans. This benefit shall be provided at no cost to the Director of Administration and Information Services, Director of Engineering and Operations, and District Manager. Sec. II-10.9 Dependent care assistance program. This program allows an employee to save tax dollars while converting part of their salary into tax-free benefits. An employee may elect payroll deduction and obtain reimbursement for dependent care expenses. Participation is voluntary. All employees, full-time or part-time, may participate in the program.

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Sec II-10.10 Health care flexible spending account program. This program allows an employee to save tax dollars while converting part of their salary into tax-free benefits. An employee may elect pre-tax payroll deduction and obtain reimbursement for medically necessary expenses not covered by insurance. Participation is voluntary. All employees, full-time or part-time, may participate in the program. Sec. II-10.11 Benefits during leave of absence. The following are summaries of coverages., eEmployee should consult with the human resources for details.

(a) Medical, dental, or vision plans – District shall pay the cost or prorated cost of the basic benefit package for regular full-time or part-time employees working thirty (30) hours or more while on paid/unpaid protected leave of absence for medical, maternity, or paternity leaves for a maximum of thirteen (13) pay periods per incident or per twelve (12) consecutive months. At the end of the period, employee may continue to self-pay the coverage under the COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985) program. An employee on leave of absence for military and work related injury or illness will be allowed to continue participating in the group health insurance plan in which he/she was enrolled before the first day of leave at the level and under the same conditions of coverage as if the employee had continued in employment for the duration of such leave until termination of employment.

An employee on suspension or personal leave of absence for more than two (2) pay periods without pay may continue their group health insurance coverage at their own expense in conjunction with the federal COBRA guidelines.

Unused medical cost contributed to the District deferred compensation program will be ceased or prorated if employee is integrating accrual leaves during paid/unpaid leave of absence period.

(b) Basic life insurance - District shall pay the cost for regular full-time employees while on paid/unpaid protected leave of absence for medical, maternity, or paternity leaves for a maximum of thirteen (13) pay periods per incident or per twelve (12) consecutive months. At the end of the period, employee may continue to self-pay for the duration of the leave. Coverage will end on the day before an employee enters the Armed Forces on active duty (except for temporary active duty of two (2) weeks or less).

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An employee on suspension or personal leave of absence for more than two (2) pay periods without pay may continue their basic life insurance coverage at their own expense, subject to terms and conditions of the insurance provider.

(c) Supplemental life – coverage may be continued while on paid/unpaid protected leave of absence for medical, maternity, paternity, or worker’s compensation leaves for a maximum of twenty-four (24) months, maximum District paid benefit will be thirteen (13) pay periods per incident or per twelve (12) consecutive months. or three (3) months for personal leave of absence, if the employee pays premium. Coverage will end on the date an employee enters active duty in any armed service during a time of war (declared or undeclared). An employee on suspension or personal leave of absence for more than two (2) pay periods without pay may continue their supplemental life insurance coverage at their own expense, subject to terms and conditions of the insurance provider.

(d) Long-term disability insurance – coverage may be continued while on paid/unpaid

protected leave of absence for medical, maternity, paternity, or worker’s compensation leaves for a maximum of twenty-four (24) months, maximum District paid benefit will be thirteen (13) pay periods per incident or per twelve (12) consecutive months. or three (3) months for personal leave of absence, if the employee pays premium. Coverage will end on the date an employee enters active duty in any armed service during a time of war (declared or undeclared). An employee on suspension or personal leave of absence for more than two (2) pay periods without pay may continue their long-term disability insurance coverage at their own expense, subject to terms and conditions of the insurance provider.

(e) Accidental death and dismemberment – coverage may be continued while on paid/unpaid protected leave of absence for medical, maternity, paternity, or worker’s compensation leaves for a maximum of twenty-four (24) months or three (3) months for personal leave of absence, if the employee pays premium. Coverage will end after thirty (30) days full-time active duty in any armed service.

(f) Dependent care assistance program – depending on the reason and type of leave, contribution may be continued or changed during leave of absence. Please consult with human resources when a leave of absence is planned.

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(g) Health care flexible spending account program depending on the reason and type of leave, contribution may be continued or changed during leave of absence. Please consult with human resources when a leave of absence is planned.

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ARTICLE 11. RETIREMENT

Sec. II-11.1 Defined benefit plan. District shall provide retirement plan through membership in the Public Employees' Retirement System of California (PERS). All current and new employees will be covered by the California Public Employees’ pension Reform Act of 2013 (PEPRA).

(a) Legacy or classic employees and non-new members – eligible employees who are employed by the District on or before December 31, 2012, and employees who are hired on or after January 1, 2013, and who are not considered to be a “new member” of PERS, as defined in PEPRA shall be in the two and one-half percent at age fifty-five (2.5% at age 55) Retirement Plan with a minimum retirement age of fifty (50) years and final compensation calculated on the highest average annual compensation earnable for twelve (12) consecutive monthssingle year of pensionable compensation.

(b) New members – employees who are hired on or after January 1, 2013, and who are considered to be a “new member” of PERS, as defined in PEPRA shall be in two percent at age sixty-two (2% at age 62) Retirement Plan with a minimum retirement age of fifty-two (52) years and final compensation calculated on the highest average annual compensation earnable for of pensionable compensation earned during a period of thirty-six (36) consecutive months.

(c) The required employee contribution to PERS is based on the appropriate

memorandum of understanding, management benefits program and/or PEPRA. Sec. II-11.2 Retiree medical benefit.

Refer to District Policy Statement No. 8, Post-Retirement Health Insurance Benefits, for the terms and conditions of retiree medical benefit.

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ARTICLE 12. USE OF PRIVATE VEHICLES AND MILEAGE PAYMENT Sec. II-12.1 Use of private vehicles.

(a) No employee shall be required as a condition of obtaining or continuing District employment, to possess or provide a private vehicle for use in connection with his/her District employment. Use of District vehicles shall be in accordance with District policies and regulations.

(b) Department heads may authorize the use of private vehicles by their department

employees, with each department maintaining a continuous listing of those employees authorized to use their private vehicles. Each employee so authorized shall have completed applicable District authorization forms, defensive drivers training, and proof of insurance. Employees not having completed such requirements and thereby not on the listing shall be neither required nor authorized to use their private vehicles.

(c) An employee whose vehicle is damaged in a collision with another vehicle while

driving a personal vehicle on District business shall, following the approval of the Manager, be reimbursed for such damage not to exceed one hundred fifty dollars ($150.00) provided:

(1) The driver of the other vehicle is responsible for the accident as verified

by a police report, and the damages shall be unrecoverable from the other party by reason of lack of liability insurance; or

(2) The damage is caused by a hit-run or unidentified driver, as verified by a

police report; or

(3) The amount of damage to be reimbursed by the District is not recoverable under any policy or insurance available to the employee. The District shall be subrogated to the employee's rights of recovery from the responsible party.

Sec. II-12.2 Reimbursement for use of private vehicle. Any employee required to travel on business for the District and who has been duly authorized to use and does use a privately-owned automobile shall be allowed and paid a traveling expense for the actual miles traveled exclude commute miles during any calendar month at the rate of the current Internal Revenue Service allowance.

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Sec. II-12.3 District business expenses and travel.

Employees who are required, in performance of their duties, to attend business functions shall be reimbursed for expenses incurred. Refer to the District’s Travel Policy and Expense Reimbursement Policy for details.

ARTICLE 13. SAFETY

Sec. II-13.1 Generally. The District necessarily abides by safety standards established by the State Division of Industrial Safety and pursuant to the Occupational Safety and Health Act. Refer to the District’s Injury/Illness Prevention Program for details.

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ARTICLE 14. GRIEVANCE PROCEDURE

Sec. II-14.1 Generally. The District recognizes early settlement of grievances is essential to sound employee-employer relations. The District seeks to establish a mutually satisfactory method for the settlement of grievances of employees and the District. In presenting a grievance, the aggrieved and/or his/her representative is assured freedom from restraint, interference, coercion, discrimination, or reprisal. Sec. II-14.2 Grievance defined.

(a) A grievance is defined as an alleged violation, misinterpretation, or misapplication of the provisions of Merit System Rules, Personnel Practices, memorandums of understanding, or other District ordinances, resolutions, policy and/or procedure manuals, or alleged infringement of an employee's personal rights (i.e. discrimination and harassment) affecting the working conditions of the employee, and except as excluded under the following paragraph (b).

(b) Matters excluded from consideration under the grievance

procedure include: (1) Probationary release of employees; (2) Position classification;

(3) Work distribution;

(4) Merit System examinations; (5) Items requiring capital expenditure.

Sec. II-14.3 Grievance presentation. Employees shall have the right to present their own grievance or do so through a representative of their own choice. Grievances may also be presented by a group of employees, by the union, or by the District. No grievance settlement may be made in violation of an existing rule, ordinance, or memorandum of understanding, nor shall any settlement be made which affects the rights or conditions of employees represented by the union without notification to and consultation with the union. Sec. II-14.4 Informal resolution/time limits.

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Employees will be encouraged to act promptly through informal discussion with their immediate supervisor on any act, condition, or circumstance which is causing employee dissatisfaction, and to seek action to remove the cause of dissatisfaction before it serves as the basis for a formal grievance. Time limits may be extended or waived only by written agreement of the parties. If as a result of such action the parties are unable to reach agreement on an appropriate remedy, the matter may be referred to the Manager, as provided below. Sec. II-14.5 Formal grievance.

(a) Within ten (10) working days of the occurrence or discovery of an alleged grievance, the grievance shall be presented in writing to the Manager. The grievance form shall contain information, which identifies:

(1) The aggrieved; (2) The specific nature of the grievance;

(3) The time or place of its occurrence;

(4) The rule, law, regulation, or policy alleged to have been violated, improperly interpreted, applied, or misapplied;

(5) The consideration given or steps taken to secure informal resolution;

(6) The corrective action desired; and,

(7) The name of any person or representative chosen by the employee to enter

the grievance.

(b) A decision shall be made in writing within thirty (30) working days of receipt of the grievance. A copy of the decision shall be directed to the person identified in (a)(7), above.

(c) Any employee may appeal to the Board of Directors any action taken by the

Manager under this article by the filing of a written appeal with the sSecretary of the Board of Directors within fifteen (15) days of the delivery in person or by registered mail of the decision of the Manager.

Upon the filing of such appeal, the board shall within a reasonable time hold a hearing to consider the grievance.

The aggrieved, his/her representative, or the union, shall be allowed to exercise up to 2 (two) (2) peremptory challenges with respect to any member of the Board of Directors of the District convening to consider the grievance, and the remaining unchallenged members of the Board of Directors shall be convened to hear the grievance and render a decision.

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A copy of the decision shall be delivered to the employee personally or sent to the employee by registered mail within ten (10) working days after rendition of the decision.

ARTICLE 15. CONFLICT OF INTEREST Sec. II-15.1 Generally. Employees are to abide by all applicable federal, state, and local statutes or requirements regarding conflict of interest in outside employment. Employees intending to engage in outside employment shall file an advance statement of such intent for the approval of the Manager. Certain employees are required to file an annual Statements of Economic Interests with the Secretary of the District, refer to the District’s Conflict of Interest Code for details.

Approval of Memorandum of Understanding and Employee Bargaining Units 2 June 6, 2019 State as a result of the Janus v. American Federation of State, County, and Municipal Employees case. The proposed changes MOU addressing compensation include the following changes:

1. Article VI: Salaries. All represented employees will receive a salary base increase of 3.5% beginning on July 1, 2019, 3.25% on July 1, 2020, 3.0% on July 1, 2021 and 3.0% on July 1, 2022.

2. Article VII: Hours of Work, Overtime, Premium Pay.

Section E. Work in Higher Class Pay: Compensation for work in a higher class will be provided in the amount of $25.00 per day from the first day of such assignment.

In addition to the agreed upon terms for the new MOU, two other increases in compensation are included in the tentative agreement. However, these changes are covered in the Merit System Rules and District Incentive Program Policy. The changes include the following:

1. Starting in Fiscal Year 2020-21, increase the incentive program budget by .25%. 2. Starting in Fiscal Year 2019-20, increase the tuition reimbursement to $1,000.

All other provisions of the Memorandum of Understanding remain unchanged for the duration of the agreement. Attached to this report are the Memorandum of Understandings for the Operations/Maintenance Unit, and Clerical/Technical Sub-Group (Exhibit A), and Professional & Supervisory Unit (Exhibit B). The District also made significant revisions to the Merit System Rules that was last revised in 2016. Revisions to the Merit System Rules are subject to meet and confer requirements, and an agreement regarding proposed changes was reached with both represented units. Details of the changes are included in agenda item 19. The final proposed changes have been reviewed and approved by union representatives and ratified by employees.


RESOLUTION OF THE BOARD OF DIRECTORS OF WEST VALLEY SANITATION DISTRICT OF SANTA CLARA COUNTY, CALIFORNIA, APPROVING A

MEMORANDUM OF UNDERSTANDING BETWEEN WEST VALLEY SANITATION DISTRICT OF SANTA CLARA COUNTY, CALIFORNIA, AND

THE NORTHERN CALIFORNIA REGIONAL COUNCIL OF CARPENTERS, THE CARPENTERS 46 NORTHERN CALIFORNIA COUNTIES CONFERENCE BOARD AND THEIR AFFILIATED LOCAL UNIONS, EFFECTIVE JULY 1, 2019 THROUGH JUNE 30,

2023: OPERATIONS/MAINTENANCE UNIT AND CLERICAL/TECHNICAL SUB-GROUP

WHEREAS, the Board of Directors of West Valley Sanitation District of Santa Clara County wishes to approve a Memorandum of Understanding for its employees who are represented by The Northern California Regional Council of Carpenters, The Carpenters 46 Northern California Counties Conference Board and Their Affiliated Local Unions, for the Operations/Maintenance Unit and Clerical/Technical Sub-Group; and WHEREAS, the Memorandum of Understanding will be effective from July 1, 2019 through June 30, 2023; and WHEREAS, the Memorandum of Understanding achieves the District’s desire to attract and retain qualified employees through a competitive compensation package establishing the District as an employer of choice. NOW, THEREFORE, BE IT RESOLVED, that the attached MEMORANDUM OF

UNDERSTANDING, which is incorporated into this resolution by reference, is hereby approved. PASSED AND ADOPTED by the Board of Directors of West Valley Sanitation District at a regular meeting on the 12th day of June, 2019, by the following vote: AYES: Directors NOES: Directors ABSENT: Directors ABSTAIN: Directors __________________________________ Chairperson of the Board of Directors of West Valley Sanitation District of Santa Clara County, California Attest: ____________________________ Secretary

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July 1, 2019 – June 30, 2023 MEMORANDUM OF UNDERSTANDING

BETWEEN

WEST VALLEY SANITATION DISTRICT

OF SANTA CLARA COUNTY, CALIFORNIA

AND

THE NORTHERN CALIFORNIA REGIONAL COUNCIL OF CARPENTERS, THE CARPENTERS 46 NORTHERN CALIFORNIA COUNTIES CONFERENCE BOARD AND

THEIR AFFILIATED LOCAL UNIONS

OPERATIONS/MAINTENANCE UNIT, AND CLERICAL/TECHNICAL SUB-GROUP

ARTICLE I

PREAMBLE This Memorandum of Understanding is made and entered into this _ _ day of June, 2019, by and between the authorized representatives of the West Valley Sanitation District, Santa Clara County, California, hereinafter referred to as the "District," and The Northern California Regional Council of Carpenters, The Carpenters 46 Northern California Counties Conference Board and Their Affiliated Local Unions, hereinafter referred to as the "Union." The purpose of this Memorandum of Understanding is to promote the improvement of personnel management and employer/employee relations, provide an equitable and peaceful procedure for the resolution of differences, and establish rates of pay and other terms and conditions of employment. The District and Union agree that all employees of the District share in the important responsibility of providing superior service to the public and that every job and position is considered to be important. The Merit System Rules and Personnel Practices of West Valley Sanitation District is hereby adopted by reference. Nothing in this Memorandum of Understanding shall invalidate nor be substituted for any provision in the District Merit System Rules and Personnel Practices, as such pertains to members of this Unit, unless so stipulated to by provisions contained herein and agreed to. If a provision of the District Merit System Rules and Personnel Practices is in conflict with any provision of this Memorandum of Understanding, the provision on the Memorandum of Understanding shall prevail.

Exhibit A

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ARTICLE II

UNION RECOGNITION Pursuant to Government Code Section 3500 et seq of the State of California and District Resolution No. 98.7.12, the District hereby recognizes the Union as the bargaining representatives for the purpose of representing employees in the Operations/Maintenance Employees Unit with respect to their compensation, hours, and the other terms and conditions of employment. It is understood that for the purposes of this Memorandum of Understanding the Operations/Maintenance Employees Unit and the Clerical/Technical Employees sub-group of the unit, shall contain the following District employee classifications: Operations/Maintenance Unit Clerical/Technical Sub-Group

Fleet Mechanic I/II Account Clerk I/II Maintenance Lead Worker Administrative Assistant I/II Maintenance Lead Worker (Specialty) Assistant/Associate Engineering Technician

Maintenance Worker Trainee/I/II Assistant Engineering Maintenance Worker I/II (Specialty) Construction Inspector I/II Senior Maintenance Lead Worker Executive Assistant Geographic Information System Technician/Analyst Senior Account Clerk

ARTICLE III

MANAGEMENT RIGHTS/EMPLOYEE RIGHTS

Provisions shown within Sections 4, 5, and 6 of District Resolution No. 98.7.12 shall apply with respect to management rights and employee rights.

ARTICLE IV

DEFINITIONS

Provisions shown within Section 3 of District Resolution No. 98.7.12 shall apply. In addition, for purpose of specification and clarification of this Memorandum of Understanding the following definitions shall apply:

EMPLOYEES --- means the employees of the District within the Operations/Maintenance Employees Bargaining Unit and the Clerical/Technical Employees Sub-Group.

ARTICLE V

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REPRESENTATIVE ROLE The Union shall designate an employee representative at the beginning of the term of this Memorandum of Understanding for the purpose of meeting with the management on terms and conditions of this Memorandum of Understanding and for representing employees during the process of handling a grievance. Reasonable time off work shall be allowed to meet with management, to discuss matters of grievance and/or provisions of this Memorandum of Understanding. Regular Union business meetings shall not be held on District time and District equipment and supplies are not to be used for Union business. District premises can be used or scheduled in advance with management. An employee representative when performing official Union business, as defined above, shall notify his/her immediate supervisor as to when leaving; how much time is to be taken; and when returning. Changes as to the Union representative shall be sent to management at least one (1) week in advance of said change.

ARTICLE VI

SALARIES Beginning on the pay period where July 1, 2019 falls, the salaries for District employee classifications represented by the Union shall be increased by 3.5%. The specific salaries with this 3.50% increase for District employee classifications represented by the Union in effect on July 1, 2019 shall be as listed on Appendix A-1 and A-2. Beginning on the pay period where July 1, 2020 falls, the specific salaries for District employee classifications represented by the Union shall be 3.25%. Beginning on the pay period where July 1, 2021 falls, the specific salaries for District employee classifications represented by the Union shall be increased 3.00%.

Beginning with pay period where July 1, 2022 falls, the specific salaries for District employee classifications represented by the Union shall be increased 3.00%.

ARTICLE VII

HOURS OF WORK, OVERTIME, PREMIUM PAY Section A. Overtime Work When overtime work is assigned and is authorized by a department head to be worked, compensation for such time worked shall be computed at the rate of one and one-half hours for all hours of overtime worked for the first four hours beyond eight hours in one day, and at the rate of

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two hours for all hours of overtime worked beyond twelve hours in one day, and shall be paid in cash or by compensatory leave. Compensatory time balances shall be paid in cash on separation. An employee may elect in advance to receive compensatory time off credit in lieu of cash compensation for overtime. The accumulation of time off credit shall not exceed 40 hours; the balance in excess of 40 hours will be paid in cash. Use of time off credit must be scheduled and approved by the department head in the same manner as vacation [see Sec. II-8.1(a) of Merit System Rules and Personnel Practices). Section B. On-Call Pay Employees assigned to on-call duty shall receive, in addition to his or her regular salary, $20.00 for each eight-hour shift, or substantial portion thereof, of assigned on-call duty. Employees assigned to on-call duty during holidays shall receive, in addition to his or her regular salary, $30.00 for each eight-hour shift, or substantial portion, thereof, of assigned on-call duty. Section C. Call-Back Pay Employees assigned to on-call duty and who are called out for a service request during their on-call shift shall receive a minimum of 3 hours overtime for the call. If another service request is received during that 3-hour period, an additional 3-hour minimum will not apply. Such employees who are called out for a service request during their on-call shift between the hours of 9:30 p.m. and 6.59 a.m. shall receive a minimum of 4 hours overtime for the call. If another service request is received during that 4-hour period, an additional 4-hour minimum will not apply. Section D. Certification Pay An employee who earns a California Water Environment Association grade certification over the minimum required for his/her classification shall receive a premium of $25.00 per month in addition to regular salary. An employee who earns an additional certification over the minimum shall receive an additional $5.00 per month premium. Section E. Work in a Higher Class Pay An employee may be assigned by his/her supervisor to perform the duties of a higher classification on an “acting” basis. Assignments to work in a higher class shall only be made by the Director of Engineering/Operations or designee at the beginning of the work shift and employees designated to receive work in a higher class pay shall be provided with a written notice assigning them to the higher classification on an acting basis. Compensation for work in a higher class will be provided in the amount of $25.00 per day from the first day of such assignment.

ARTICLE VIII

PROTECTIVE CLOTHING Safety Shoes: When a designated employee purchases or repairs a pair of safety shoes, he/she shall submit the receipt of purchase or repair to the District for reimbursement, not to

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exceed the amount of $200.00 per fiscal year. An employee may carry over the unused portion of his/her annual reimbursement allotment, to a maximum of $200.00 carryover per year, for a maximum reimbursement not to exceed $400.00 in any one year.

ARTICLE IX

VACATION Section A. Vacation Leave The vacation leave policy as stated in the District’s Merit System Rules and Personnel Practices as of July 1, 2019, will remain in effect during the term of this Memorandum of Understanding. Vacation leave shall be scheduled and approved in advance by the department head; however, insofar as possible, vacation leave shall be granted at the time requested by the employee. Section B. Vacation Cash-out

Under this provision, regular, full-time employees will be allowed to cash-out unused vacation time they have accrued. The maximum amount of vacation that can be cashed-out in any calendar year is forty (40) hours. In order to receive payment for vacation time pursuant to this section, an employee must make an irrevocable election for vacation cash out by December 15 of the prior calendar year, and must have a minimum of forty (40) hours of vacation remaining on the books after the pay-out is made.

Requests for vacation cash-out must be made in writing on the Irrevocable Vacation Cash

Out Election Form provided by the District. The Election is irrevocable and may not be changed. Vacation payout will be made by the District in July of the calendar year following submission of the form. No other payments will be made for this program. No other form of leave time will be eligible for inclusion in this program.

ARTICLE X

SICK LEAVE PROVISIONS The sick leave policy as stated in the District’s Merit System Rules and Personnel Practices as of July 1, 2019, will remain in effect during the term of this Memorandum of Understanding.

ARTICLE XI

HOLIDAYS

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All holidays in effect pursuant to the district’s Merit System Rules and Personnel Practices as of July 1, 2019, will remain in effect during the term of this Memorandum of Understanding.

ARTICLE XII

BENEFITS Section A. Medical and Dental Plans Commencing July 1, 2019, the District agrees to pay: (1) the lowest-cost Santa Clara County employee plus family medical plan premium rate and that same amount for any other County of Santa Clara medical plan; (2) the Delta Dental Service plan employee and dependent premium; and (3) the Vision Service Plan Employee and dependent premium. In the event premiums for these benefit plans are increased for the July 2020, July 2021, and/or the July 2022 plan years the District will increase its contribution toward medical, dental and vision benefits, accordingly. Increases in premiums after the expiration of the MOU, will be the subject of bargaining between the parties. With proof of alternative health coverage, an employee may opt to waive District provided health coverage.

Effective with each new plan year starting November 1, an employee who waives health coverage (for self and family) must do so for the entire plan year by signing up in the open enrollment period, typically in the prior September. Any unused part of the District's contribution for the plan of the employee's choice or non-coverage will be contributed to the deferred compensation plan currently in effect at the District for an amount up to $1,350 beginning July 1, 2019.

Employees who waive health coverage must re-elect each calendar year during the open

enrollment period. During the plan year, an employee is eligible to re-enroll for coverage within thirty (30) calendar days of an Internal Revenue Service (IRS) defined qualifying event. Section B. Maintenance of Benefits Except as specified by this Memorandum of Understanding, all other benefits provided District employees, and in force at the time of this agreement, shall remain in effect during the term of this Memorandum of Understanding. However, the District reserves the right to change the carrier of any benefits as long as such change does not affect the level or quality of benefit. If a change of carrier is contemplated, the union shall be notified and may request a meeting to discuss the change. Section C. Retirement Plan

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The District contracts with the Public Employees’ Retirement System (PERS) for the Miscellaneous Members Retirement Program. All current and new employees will be covered by the California Public Employees’ Pension Reform Act of 2013 (PEPRA). Legacy Employees and Non-New Members

Eligible employees who are employed by the District on or before December 31, 2012, and eligible employees who are hired on or after January 1, 2013, and who are not considered to be a “new member” of PERS, as defined PEPRA shall be in the 2.5% at age 55 Retirement Plan with a minimum retirement age of 50 years and final compensation calculated on the highest single year of pensionable compensation. The required employee contribution to PERS for this plan is eight percent (8%). This required employee contribution is paid as follows:

Commencing first pay period following January 1, 2019, the District contributes two percent (2%) and employees are required to contribute six percent (6%). Employee contributions are tax deferred under IRS Policy and Rule 414 (h) (2) unless the IRS or Franchise Tax Board indicates that such contributions are taxable income subject to withholding.

New Members

Employees who are hired on or after January 1, 2013, and who are considered to be a “new members” of PERS, as defined in PEPRA shall be in 2% at age 62 Retirement Plan with a minimum retirement age of 52 years and final compensation calculated on the highest average of pensionable compensation earned during a period of 36 consecutive months.

Effective January 1, 2013, the employee contribution rate for the 2% at age 62 shall be at least 50% of total normal cost as determined by PERS pursuant to PEPRA. The District shall not pay any portion of the employee contribution rate.

Section D. Long-Term Disability and Supplement Life Insurance The District will make available to all employees the long-term disability and supplemental life insurance provided through the County of Santa Clara to the extent allowed by those plans. The coverage is optional. All costs are paid by the employees. The District will reimburse employees the cost of premium plus additional 25%, up to $20.00 per month for long-term disability coverage; and up to $70.00 per month for supplement life insurance coverage. If an employee elects coverage, the biweekly premium will be deducted from the employee’s paycheck.

ARTICLE XIII

WORKING CONDITIONS Section A. Union Notification of Self-Representation.

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Employees who wish to represent themselves individually in their employment relations with the District pursuant to Government Code Section 3502 of the State of California shall notify the District and Union in writing at the time they wish to institute this right. Section B. Union Dues Deductions. The District shall deduct Union initiation fees and periodic dues from the pay of each employee who is a member of the Union after receipt of written authorization on forms supplied by the Union and signed by the employee. The deductions shall be in uniform amounts from the biweekly payments to employees and the money deducted shall be forwarded to the Union once a month, on a monthly basis. It is understood that such written authorization shall be voluntary on the part of the employees. Any changes in the amount of initiation fees or dues shall be certified by the Financial Secretary of the Union and shall become effective on the first day of the month following the date the District receives such certification. The Union shall hold the District harmless from any and all claims for damages made by the employees as a result of deduction of Union initiation fees and dues from the payments made to employees. Section C. Uniform Application of Agreements. Any provisions of a salary, benefit, or working condition agreement between the District and an employee representing himself/herself which is more favorable than the provisions of this Memorandum of Understanding shall automatically apply to all employees. Section D. Notification of Job Openings. Announcements of competitive examinations for job openings in the Operations/Maintenance bargaining unit or the Clerical/Technical sub-group of the District shall be mailed to the Union. Section E. Union Membership. Whenever the District hires a new employee he/she shall be informed of the representation by the Union and the Union shall be allowed a reasonable time to make a presentation and answer questions of such employees. The Union may present membership promotion packets to employees at such meetings providing the material has been reviewed by the District. An employee who is, or who elects to become, a member of the Union shall remain a member during the term of this Memorandum of Understanding, except an employee may withdraw from the Union by serving notice in writing to the District Manager, with a copy to the Union, at least 30 days prior to the expiration of this Memorandum of Understanding.

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ARTICLE XIV

UNION DUES Section A. Membership Dues. Payroll deductions for the periodic membership dues, initiation fees and general assessments of the Union shall be made by the District on behalf of the Union from the paycheck of each employee whom the Union certifies has affirmatively consented to such dues deduction. The District shall remit the deducted membership dues to the officer(s) of the Union designated in writing by the Union. Section B. Payroll Deductions. The Union will maintain individual employee authorizations for payroll deductions, signed by the individual from whose wages the deduction is to be made. The District shall rely upon written notification from the Union for any employee requests to cancel, initiate or change payroll deductions for dues. The Union will obtain and maintain voluntary written authorization for dues deductions. Dues deductions shall automatically renew unless written notice is provided by the Union. Section C. Notification. Deduction notification will be provided to the District’s Payroll personnel. Change, cancellation and deduction requests received by the District will be implemented in the pay period following the notification. Section D. Indemnification. The Union shall indemnify and hold it harmless for any claims made regarding such deductions.

ARTICLE XV

GRIEVANCE PROCEDURE Peremptory Challenge. The aggrieved, his/her representative, or the Union shall be allowed to exercise up to 2 peremptory challenges with respect to any member of the Board of Directors of the District convening to consider a grievance and the remaining unchallenged members of the Board of Directors shall be convened to hear the grievance and render a decision.

ARTICLE XVI

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LABOR / MANAGEMENT COMMITTEE The District and the Union agree to form a Joint Labor Management Committee comprised of two district employees from the bargaining unit (selected by the employees) and two representatives of management (selected by the District Manager). The purpose of the committee is to promote better, ongoing communication between employees and the District, through informal discussions on matters of mutual interest. Disciplinary actions and matters which should be addressed through the grievance procedure are not appropriate matters for the committee. The committee shall initially meet on a quarterly basis, or as jointly agreed upon by the committee members.

ARTICLE XVII

WORK ACTIONS

During the term of this Memorandum of Understanding, the District agrees that it will not lock out employees and the Union agrees that employees shall not engage in or support strikes, work stoppages, slow downs, boycotts, or other direct or indirect work actions against the District. Any employee participating in these prohibited activities may be disciplined by the District.

ARTICLE XVIII

FULL UNDERSTANDING It is understood this Agreement represents a complete and final understanding on all negotiable issues between the District and the Union. The parties, for the term of this Memorandum of Understanding, voluntarily and unqualifiedly agree to waive the obligation to negotiate with respect to any practice, subject or matter not specifically referred to or covered in this Memorandum of Understanding even though such practice, subject or matter may not have been within the knowledge of the parties at the time this Memorandum of Understanding was negotiated and signed. In the event any new practice, subject or matter arises during the term of this Memorandum of Understanding and an action is proposed by the District, the Union shall be afforded notice and shall have the right to meet and confer upon request. In the absence of agreement on such a proposed action, the District reserves the right to take necessary action by management direction.

ARTICLE XIX

SAVINGS CLAUSE If any provision of this Memorandum of Understanding should be held invalid by operation of law or by any court of competent jurisdiction, or if compliance with or enforcement of any provision should be restrained by any tribunal, the remainder of this Memorandum of Understanding shall not be affected thereby, and the parties shall enter into a meet and confer

11

session for the sole purpose of arriving at a mutually satisfactory replacement for such provision within a thirty (30) day work-day period. If no understanding has been reached, the parties agree to invoke the provision of impasse under Section 11 of District Resolution No. 98.7.12.

ARTICLE XX

IMPLEMENTATION It is understood by the District and the Union that to fully implement this Memorandum of Understanding it will be necessary for the District to amend its Merit System Rules and Personnel Practices to that they will not conflict with the provisions of this Memorandum of Understanding. The District and Union agree to cooperate to secure enactment of such amendments.

ARTICLE XXI

TERM OF MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding shall become effective July 1, 2019, and shall remain in full force and effect to and including June 30, 2023, and from year to year thereafter, provided, however, that either party may serve written notice on the other at least 60 days prior to June 30, 2023, or any subsequent June 30th of its desire to terminate or amend this Memorandum of Understanding.

ARTICLE XXII

APPROVAL This Memorandum of Understanding was approved by a majority of the Board of Directors of the District on the _12th___ day of June, 2019. EXECUTED THIS ________ DAY OF__________, 2019, BY THE EMPLOYER-EMPLOYEE REPRESENTATIVES WHOSE SIGNATURES APPEAR BELOW, FOR THEIR RESPECTIVE ORGANIZATIONS. WEST VALLEY SANITATION DISTRICT THE NORTHERN CALIFORNIA

REGIONAL COUNCIL OF CARPENTERS

___________________________________ __________________________ Jon Newby Robert Alvarado District Manager and Engineer Executive Secretary Treasurer

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_______________________________________ __________________________ Lesha Luu Samuel Munoz Director of Administration/Information Services Field Representative __________________________

Teejay Deleon Shop Steward

__________________________

Christopher Cumbo Negotiation Committee __________________________ David Davila Negotiation Committee

Approved as to form: ________________________________________ Jesse Lad, District Counsel, West Valley Sanitation District

Classification

Maintenance Worker Trainee 4,562 - 5,545

Maintenance Worker I 5,474 - 6,654

Fleet Mechanic I (Vacant) 5,800 - 7,049

Maintenance Worker I (Specialty) 5,800 - 7,049

Maintenance Worker II 6,021 - 7,316

Fleet Mechanic II 6,385 - 7,760

Maintenance Worker II (Specialty) 6,385 - 7,760

Maintenance Lead Worker 6,713 - 8,157

Maintenance Lead Worker (Specialty) 7,127 - 8,663

Senior Maintenance Lead Worker 7,699 - 9,358

Rev. 6/5/19

MAINTENANCE EMPLOYEES UNIT

Effective July 1, 2019

ApproximateMonthly Rates

APPENDIX A-1

WEST VALLEY SANITATION DISTRICTCLASSIFICATIONS AND SALARY RANGESFOR EMPLOYEES REPRESENTED BY THE

NORTHERN CALIFORNIA REGIONAL COUNCIL OF CARPENTERS

Classification

Account Clerk I (Vacant) $5,260 - $6,393

Account Clerk II $5,783 - $7,029

Senior Account Clerk $6,073 - $7,382

Administrative Assistant II $5,783 - $7,029

Executive Assistant (Vacant) $6,532 - $7,940

Construction Inspector I (Vacant) $6,564 - $7,979

Construction Inspector II $7,363 - $8,951

Assistant Engineering Technician $6,259 - $7,609

Associate Engineering Technician (Vacant) $7,022 - $8,537

Senior Engineering Technician $7,859 - $9,552

Geographic Information System Technician (Vacant) $6,828 - $8,299

Geographic Information System Analyst $7,852 - $9,544

Assistant Engineer $8,118 - $9,868

Rev. 6/5/19


ApproximateMonthly Rates

CLERICAL AND TECHNICAL EMPLOYEES UNIT

APPENDIX A-2


CLASSIFICATIONS AND SALARY RANGESFOR EMPLOYEES REPRESENTED BY THE



RESOLUTION OF THE BOARD OF DIRECTORS OF WEST VALLEY SANITATION DISTRICT OF SANTA CLARA COUNTY, CALIFORNIA, APPROVING A

MEMORANDUM OF UNDERSTANDING BETWEEN WEST VALLEY SANITATION DISTRICT OF SANTA CLARA COUNTY, CALIFORNIA, AND


THEIR AFFILIATED LOCAL UNIONS, EFFECTIVE JULY 1, 2019 THROUGH JUNE 30, 2023: PROFESSIONAL AND SUPERVISORY UNIT

WHEREAS, the Board of Directors of West Valley Sanitation District of Santa Clara County wishes to approve a Memorandum of Understanding for its employees who are represented by The Northern California Regional Council of Carpenters, The Carpenters 46 Northern California Counties Conference Board and Their Affiliated Local Unions, for the Professional and Supervisory Unit; and WHEREAS, the Memorandum of Understanding will be effective from July 1, 2019 through June 30, 2023; and WHEREAS, the Memorandum of Understanding achieves the District’s desire to attract and retain qualified employees through a competitive compensation package establishing the District as an employer of choice. NOW, THEREFORE, BE IT RESOLVED, that the attached MEMORANDUM OF

UNDERSTANDING, which is incorporated into this resolution by reference, is hereby approved. PASSED AND ADOPTED by the Board of Directors of West Valley Sanitation District at a regular meeting on the 12th day of June, 2019, by the following vote: AYES: Directors NOES: Directors ABSENT: Directors ABSTAIN: Directors __________________________________ Chairperson of the Board of Directors of West Valley Sanitation District of Santa Clara County, California Attest: ____________________________ Secretary

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July 1, 2019 – June 30, 2023 MEMORANDUM OF UNDERSTANDING

BETWEEN


OF SANTA CLARA COUNTY, CALIFORNIA

AND


THEIR AFFILIATED LOCAL UNIONS

PROFESSIONAL & SUPERVISORY UNIT

ARTICLE I

PREAMBLE This Memorandum of Understanding is made and entered into this _ day of June, 2019, by and between the authorized representatives of the West Valley Sanitation District, Santa Clara County, California, hereinafter referred to as the "District," and The Northern California Regional Council of Carpenters, The Carpenters 46 Northern California Counties Conference Board and Their Affiliated Local Unions, hereinafter referred to as the "Union." The purpose of this Memorandum of Understanding is to promote the improvement of personnel management and employer/employee relations, provide an equitable and peaceful procedure for the resolution of differences, and establish rates of pay and other terms and conditions of employment. The District and Union agree that all employees of the District share in the important responsibility of providing superior service to the public and that every job and position is considered to be important. The Merit System Rules and Personnel Practices of West Valley Sanitation District is hereby adopted by reference. Nothing in this Memorandum of Understanding shall invalidate nor be substituted for any provision in the District Merit System Rules and Personnel Practices, as such pertains to members of this Unit, unless so stipulated to by provisions contained herein and agreed to. If a provision of the District Merit System Rules and Personnel Practices is in conflict with any provision of this Memorandum of Understanding, the provision on the Memorandum of Understanding shall prevail.

Exhibit B

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ARTICLE II

UNION RECOGNITION Pursuant to Government Code Section 3500 et. seq. of the State of California and District Resolution No. 98.7.12, the District hereby recognizes the Union as the bargaining representatives for the purpose of representing employees in the Professional and Supervisory Employees Unit with respect to their compensation, hours, and the other terms and conditions of employment. It is understood that for the purposes of this Memorandum of Understanding the Professional and Supervisory Employees Unit shall contain the following District employee classifications: Operations Supervisor Senior Civil Engineer Senior Accountant Associate Civil Engineer

ARTICLE III

MANAGEMENT RIGHTS/EMPLOYEE RIGHTS

Provisions shown within Sections 4, 5, and 6 of District Resolution No. 98.7.12 shall apply with respect to management rights and employee rights.

ARTICLE IV

DEFINITIONS Provisions shown within Section 3 of District Resolution No. 98.7.12 shall apply. In addition, for purpose of specification and clarification of this Memorandum of Understanding the following definitions shall apply:

EMPLOYEES --- means the employees of the District within the Professional and Supervisory Employees Bargaining Unit.

ARTICLE V

REPRESENTATIVE ROLE The Union shall designate an employee representative at the beginning of the term of this Memorandum of Understanding for the purpose of meeting with the management on terms

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and conditions of this Memorandum of Understanding and for representing employees during the process of handling a grievance. Reasonable time off work shall be allowed to meet with management, to discuss matters of grievance and/or provisions of this Memorandum of Understanding. Regular Union business meetings shall not be held on District time and District equipment and supplies are not to be used for Union business. District premises can be used or scheduled in advance with management. An employee representative when performing official Union business, as defined above, shall notify his/her immediate supervisor as to when leaving; how much time is to be taken; and when returning. Changes as to the Union representative shall be sent to management at least one (1) week in advance of said change.

ARTICLE VI

SALARIES Beginning with pay period where July 1, 2019 falls, the salaries for District employee classifications represented by the Union shall be increased by 3.50%. The specific salary ranges and control points with this 3.5% increase for District employee classifications represented by the Union in effect on July 1, 2019, shall be as listed on Appendix A-1-PS. Beginning with pay period where July 1, 2020 falls, the specific salary ranges and control points for District employee classifications represented by the Union shall be increased by 3.25%.

Beginning with pay period where July 1, 2021 falls, the specific salary ranges and control points for District employee classifications represented by the Union shall be increased by 3.00%.

Beginning with pay period where July 1, 2022 falls, the specific salary ranges and control points for District employee classifications represented by the Union shall be increased by 3.00%.

ARTICLE VII

ADMINISTRATIVE LEAVE

Employees in the Professional and Supervisory Employees Unit shall be granted 48 hours of administrative leave per year. Such leave shall be posted each July 1 and must be used within the succeeding 12 months. Administrative leave will not be included in computing the monetary value of accumulated vacation leave upon termination.

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ARTICLE VIII

PROTECTIVE CLOTHING Safety Shoes: When a designated employee purchases or repairs a pair of safety shoes, he/she shall submit the receipt of purchase or repair to the District for reimbursement, not to exceed the amount of $200.00 per fiscal year. An employee may carry over the unused portion of his/her annual reimbursement allotment, to a maximum of $200.00 carryover per year, for a maximum reimbursement not to exceed $400.00 in any one year.

ARTICLE IX

VACATION Section A. Vacation Leave

The vacation leave policy as stated in the District’s Merit System Rules and Personnel Practices as of July 1, 2019 will remain in effect during the term of this Memorandum of Understanding. Vacation leave shall be scheduled and approved in advance by the department head; however, insofar as possible, vacation leave shall be granted at the time requested by the employee. Section B. Vacation Cash-out

Under this provision, regular, full-time employees will be allowed to cash-out unused vacation time they have accrued. The maximum amount of vacation that can be cashed-out in any calendar year is forty (40) hours. In order to receive payment for vacation time pursuant to this section, an employee must make an irrevocable election for vacation cash out by December 15 of the prior calendar year, and must have a minimum of forty (40) hours of vacation remaining on the books after the payout is made.

Requests for vacation cash-out must be made in writing on the Irrevocable Vacation

Cash Out Election Form provided by the District. The Election is irrevocable and may not be changed. Vacation payout will be made by the District in July of the calendar year following submission of the form. No other payments will be made for this program. No other form of leave time will be eligible for inclusion in this program.

ARTICLE X

SICK LEAVE PROVISIONS

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The sick leave policy as stated in the District’s Merit System Rules and Personnel Practices as of July 1, 2019 will remain in effect during the term of this Memorandum of Understanding.

ARTICLE XI

HOLIDAYS

All holidays in effect pursuant to the district’s Merit System Rules and Personnel Practices as of July 1, 2019 will remain in effect during the term of this Memorandum of Understanding.

ARTICLE XII

BENEFITS Section A. Medical and Dental Plans. Commencing July 1, 2019, the District agrees to pay: (1) the lowest-cost Santa Clara County employee plus family medical plan premium rate and that same amount for any other County of Santa Clara medical plan; (2) the Delta Dental Service plan employee and dependent premium; and (3) the Vision Service Plan Employee and dependent premium. In the event premiums for these benefit plans are increased for the July 2020, July 2021, and/or the July 2012 plan years the District will increase its contribution toward medical, dental and vision benefits, accordingly. Increases in premiums after the expiration of the MOU, will be the subject of bargaining between the parties. With proof of alternative health coverage, an employee may opt to waive District provided health coverage. Effective with each new plan year starting November 1, an employee who waives health coverage (for self and family) must do so for the entire plan year by signing up in the open enrollment period, typically in the prior September. Any unused part of the District's contribution for the plan of the employee's choice or non-coverage will be contributed to the deferred compensation plan currently in effect at the District for an amount up to $1,350 per month beginning July 1, 2019.

Employees who waive health coverage must re-elect each calendar year during the open enrollment period. During the plan year, an employee is eligible to re-enroll for coverage within thirty (30) calendar days of an Internal Revenue Service (IRS) defined qualifying event. Section B. Maintenance of Benefits. Except as specified by this Memorandum of Understanding, all other benefits provided District employees, and in force at the time of this agreement, shall remain in effect during the

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term of this Memorandum of Understanding. However, the District reserves the right to change the carrier of any benefits as long as such change does not affect the level or quality of benefit. If a change of carrier is contemplated, the union shall be notified and may request a meeting to discuss the change. Section C. Retirement Plan The District contracts with the Public Employees’ Retirement System (PERS) for the Miscellaneous Members Retirement Program. All current and new employees will be covered by the California Public Employees’ Pension Reform Act of 2013 (PEPRA). Legacy Employees and Non-New Members

Eligible employees who are employed by the District on or before December 31, 2012, and eligible employees who are hired on or after January 1, 2013, and who are not considered to be a “new member” of PERS, as defined in PEPRA shall be in the 2.5% at age 55 Retirement Plan with a minimum retirement age of 50 years and final compensation calculated on the highest single year of pensionable compensation. The required employee contribution to PERS for this plan is eight percent (8%). This required employee contribution is paid as follows:

Commencing first pay period following January 1, 2019, the District contributes two percent (2%) and employees are required to contribute six percent (6%). Employee contributions are tax deferred under IRS Policy and Rule 414 (h) (2) unless the IRS or Franchise Tax Board indicates that such contributions are taxable income subject to withholding.

New Members Employees who are hired on or after January 1, 2013, and who are considered to be a “new members” of PERS, as defined in PEPRA shall be in 2% at age 62 Retirement Plan with a minimum retirement age of 52 years and final compensation calculated on the highest average of pensionable compensation earned during a period of 36 consecutive months.

Effective January 1, 2013, the employee contribution rate for the 2% at age 62 shall be 50% of total normal cost as determined by PERS pursuant to the PEPRA. The District shall not pay any portion of the employee contribution rate.

Section D. Long-Term Disability and Supplement Life Insurance The District will make available to all employees the long-term disability and supplemental life insurance provided through the County of Santa Clara to the extent allowed by those plans. The coverage is optional. All costs are paid by the employees. The District will reimburse employees the cost of premium plus additional 25%, up to $20.00 per month for long-term disability coverage; and up to $70.00 per month for supplement life insurance

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coverage. If an employee elects coverage, the biweekly premium will be deducted from the employee’s paycheck.

ARTICLE XIII

WORKING CONDITIONS

Section A. Union Notification of Self-Representation. Employees who wish to represent themselves individually in their employment relations with the District pursuant to Government Code Section 3502 of the State of California shall notify the District and Union in writing at the time they wish to institute this right. Section B. Union Dues Deductions. The District shall deduct Union initiation fees and periodic dues from the pay of each employee who is a member of the Union after receipt of written authorization on forms supplied by the Union and signed by the employee. The deductions shall be in uniform amounts from the biweekly payments to employees and the money deducted shall be forwarded to the Union once a month, on a monthly basis. It is understood that such written authorization shall be voluntary on the part of the employees. Any changes in the amount of initiation fees or dues shall be certified by the Financial Secretary of the Union and shall become effective on the first day of the month following the date the District receives such certification. The Union shall hold the District harmless from any and all claims for damages made by the employees as a result of deduction of Union initiation fees and dues from the payments made to employees. Section C. Uniform Application of Agreements. Any provisions of a salary, benefit, or working condition agreement between the District and an employee representing himself/herself which is more favorable than the provisions of this Memorandum of Understanding shall automatically apply to all employees. Section D. Notification of Job Openings. Announcements of competitive examinations for job openings in the Professional and Supervisory bargaining unit of the District shall be mailed to the Union. Section E. Union Membership. Whenever the District hires a new employee he/she shall be informed of the representation by the Union and the Union shall be allowed a reasonable time to make a presentation and answer questions of such employees. The Union may present membership

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promotion packets to employees at such meetings providing the material has been reviewed by the District. An employee who is, or who elects to become, a member of the Union shall remain a member during the term of this Memorandum of Understanding, except an employee may withdraw from the Union by serving notice in writing to the District Manager, with a copy to the Union, at least 30 days prior to the expiration of this Memorandum of Understanding.

ARTICLE XIV

UNION DUES

Section A. Membership Dues. Payroll deductions for the periodic membership dues, initiation fees and general assessments of the Union shall be made by the District on behalf of the Union from the paycheck of each employee whom the Union certifies has affirmatively consented to such dues deduction. The District shall remit the deducted membership dues to the officer(s) of the Union designated in writing by the Union. Section B. Payroll Deductions. The Union will maintain individual employee authorizations for payroll deductions, signed by the individual from whose wages the deduction is to be made. The District shall rely upon written notification from the Union for any employee requests to cancel, initiate or change payroll deductions for dues. The Union will obtain and maintain voluntary written authorization for dues deductions. Dues deductions shall automatically renew unless written notice is provided by the Union. Section C. Notification. Deduction notification will be provided to the District’s Payroll personnel. Change, cancellation and deduction requests received by the District will be implemented in the pay period following the notification. Section D. Indemnification. The Union shall indemnify the District and hold it harmless for any claims made regarding such deduction.

ARTICLE XV

GRIEVANCE PROCEDURE Peremptory Challenge.

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The aggrieved, his/her representative, or the Union shall be allowed to exercise up to 2 peremptory challenges with respect to any member of the Board of Directors of the District convening to consider a grievance and the remaining unchallenged members of the Board of Directors shall be convened to hear the grievance and render a decision.

ARTICLE XVI

LABOR / MANAGEMENT COMMITTEE The District and the Union agree to form a Joint Labor Management Committee comprised of two district employees from the bargaining unit (selected by the employees) and two representatives of management (selected by the District Manager). The purpose of the committee is to promote better, ongoing communication between employees and the District, through informal discussions on matters of mutual interest. Disciplinary actions and matters which should be addressed through the grievance procedure are not appropriate matters for the committee. The committee shall initially meet on a quarterly basis, or as jointly agreed upon by the committee members.

ARTICLE XVII

WORK ACTIONS During the term of this Memorandum of Understanding, the District agrees that it will not lock out employees and the Union agrees that employees shall not engage in or support strikes, work stoppages, slow downs, boycotts, or other direct or indirect work actions against the District. Any employee participating in these prohibited activities may be disciplined by the District.

ARTICLE XVIII

FULL UNDERSTANDING It is understood this Agreement represents a complete and final understanding on all negotiable issues between the District and the Union. The parties, for the term of this Memorandum of Understanding, voluntarily and unqualifiedly agree to waive the obligation to negotiate with respect to any practice, subject or matter not specifically referred to or covered in this Memorandum of Understanding even though such practice, subject or matter may not have been within the knowledge of the parties at the time this Memorandum of Understanding was negotiated and signed. In the event any new practice, subject or matter arises during the term of this Memorandum of Understanding and an action is proposed by the District, the Union shall be afforded notice and shall have the right to meet and confer upon request. In the absence of agreement on such a proposed action, the District reserves the right to take necessary action by management direction.

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ARTICLE XIX

SAVINGS CLAUSE If any provision of this Memorandum of Understanding should be held invalid by operation of law or by any court of competent jurisdiction, or if compliance with or enforcement of any provision should be restrained by any tribunal, the remainder of this Memorandum of Understanding shall not be affected thereby, and the parties shall enter into a meet and confer session for the sole purpose of arriving at a mutually satisfactory replacement for such provision within a thirty (30) day work-day period. If no understanding has been reached, the parties agree to invoke the provision of impasse under Section 11 of District Resolution No. 98.7.12.

ARTICLE XX

IMPLEMENTATION

It is understood by the District and the Union that to fully implement this Memorandum of Understanding it will be necessary for the District to amend its Merit System Rules and Personnel Practices to that they will not conflict with the provisions of this Memorandum of Understanding. The District and Union agree to cooperate to secure enactment of such amendments.

ARTICLE XXI

TERM OF MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding shall become effective July 1, 2019, and shall remain in full force and effect to and including June 30, 2023, and from year to year thereafter, provided, however, that either party may serve written notice on the other at least 60 days prior to June 30, 2023, or any subsequent June 30th of its desire to terminate or amend this Memorandum of Understanding.

ARTICLE XXII

APPROVAL This Memorandum of Understanding was approved by a majority of the Board of Directors of the District on the 12th day of June, 2019. EXECUTED THIS _____DAY OF_____________, 2019, BY THE EMPLOYER-EMPLOYEE REPRESENTATIVES WHOSE SIGNATURES APPEAR BELOW, FOR THEIR RESPECTIVE ORGANIZATIONS.

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WEST VALLEY SANITATION DISTRICT THE NORTHERN CALIFORNIA REGIONAL COUNCIL OF CARPENTERS

______________________________________ ______________________________ Jon Newby Robert Alvarado District Manager and Engineer Executive Secretary Treasurer _______________________________________ ______________________________ Lesha Luu Samuel Munoz Director of Administration/Information Services Field Representative

______________________________ Teejay Deleon Shop Steward

______________________________ Alan Kam Negotiation Committee Approved as to form: ________________________________________ Jesse Lad, District Counsel, West Valley Sanitation District

Control PointPosition: 85% 100% 110%

Associate Civil Engineer $9,225 $10,851 $11,938

Operations Supervisor $10,073 $11,850 $13,036

Senior Accountant $10,094 $11,874 $13,064

Senior Civil Engineer $10,722 $12,615 $13,873

PROFESSIONAL AND SUPERVISORY EMPLOYEES

APPENDIX A-1-PS

WEST VALLEY SANITATION DISTRICTCLASSIFICATIONS AND SALARY RANGESFOR EMPLOYEES REPRESENTED BY THE



Salaries range from 85% to 110% of control point, based on annual performance review.

Control points (as well as minimum and maximum salary) for each of the positions in the

mid-management series are established as follows:

Monthly Salary*

WEST VALLEY SANITATION DISTRICT MEMORANDUM DATE: June 6, 2018 TO: Board of Directors FROM: Ad Hoc Subcommittee SUBJECT: REPORT OF AD HOC SUBCOMMITTEE ON DISTRICT MANAGER’S

PERFORMANCE AND CONSIDERATION OF COMPENSATION ADJUSTMENTS

Recommendation Adopt Resolution No. 19.06.09, RESOLUTION OF THE BOARD OF DIRECTORS OF WEST VALLEY

SANITATION DISTRICT OF SANTA CLARA COUNTY, CALIFORNIA, AMENDING THE DISTRICT

MANAGER AND ENGINEER’S EMPLOYMENT AGREEMENT TO REVISE SECTION 5.1, RELATED TO

SALARY, EFFECTIVE JULY 1, 2019. The amended agreement adjusts the compensation for the District Manager and Engineer by 3.5% increase to the salary beginning with the first pay period in Fiscal Year 2019-2020. The annual salary will be $279,133.22. Background Performance evaluation and review of compensation for the District Manager & Engineer is conducted annually based on the adopted Compensation Policy for District Manager and Engineer and consistent with terms of the employment contract. Board Chair Manny Cappello and Vice Chair Paul Resnikoff were appointed to an ad hoc subcommittee at the regular board meeting of April 10, 2019. The Subcommittee was tasked with reviewing and evaluating the performance of the District Manager and Engineer and recommending any changes in compensation. Discussion The Subcommittee met with the District Manager on June 5, 2019 to evaluate and discuss the District Manager’s performance. The Subcommittee initiated the meeting by reviewing the June 2018 Board approved District Manager goals and objectives. The Board approved performance targets consists of 4 goals, 8 objectives and 11 action items for the current fiscal year and provides the basis of measuring the District Manager’s performance. The evaluation process began with the District Manager’s presenting an overview of accomplishments for the current fiscal year and noting any exceptions to completing the objectives. A copy of the summary overview is included in the Board’s agenda under Item No. 8. In addition, the Subcommittee reviewed each objective and action item in detail to determine the extent of accomplishment of the goals set by the Board.


Report of Ad Hoc Subcommittee on District Manager’s Performance and Consideration of Compensation Adjustments June 6, 2019 2 The Subcommittee’s review confirmed the District has goals and objectives in place to provide clear expectations for measuring and determining the performance of the District Manager. Appropriate documentations of accomplishments have been provided to the Subcommittee to review the District Manager’s performance. The Subcommittee’s review and evaluation determined the District Manager has accomplished 100% of the annual objectives. The District Manager continues to implement programs to ensure the District is operated with sound business and prudent fiscal management by providing cost effective and financially sustainable services. The District’s core mission is accomplished in a manner where it is highly competitive with surrounding sanitation districts. The District continues to provide highly reliable services that perform well beyond the average in the State and region. This was demonstrated with an overall spill rate index of 1.93 sanitary sewer overflows (SSOs) per 100 miles as compared with a statewide of 12.78 SSOs per 100 miles and a regional of 16.68 SSOs per 100 miles. Similarly, the total volume of sewer mainline spill volume index for the District is 8.1 gallons per 1000 capita compared to a statewide and regional spill volume index of 1,514 gallons per 1000 capita and 1,251 gallons per 1000 capita, respectively. Based on the Subcommittee’s findings of the overall performance of the District Manager, the Subcommittee recommends a salary adjustment of 3.5% in recognition of the cost of living.


A RESOLUTION OF THE BOARD OF DIRECTORS OF WEST VALLEY SANITATION DISTRICT OF SANTA CLARA COUNTY, CALIFORNIA, AMENDING

THE DISTRICT MANAGER AND ENGINEER’S EMPLOYMENT AGREEMENT TO REVISE SECTION 5.1, RELATED TO SALARY, EFFECTIVE JULY 1, 2019

WHEREAS, on July 6, 2012, the Board of Directors of West Valley Sanitation District of Santa Clara County (“Board”) approved an Employment Agreement between West Valley Sanitation District (“District”) and Jon Newby with respect to Jon Newby’s terms and conditions of employment as District Manager for the District (“Employment Agreement”), which became effective on July 9, 2012; and

WHEREAS, Section 5 of the Employment Agreement sets forth the compensation and benefits that the District has agreed to provide the District Manager; and

WHEREAS, on April 10, 2019, the Board appointed an ad hoc subcommittee to conduct the annual evaluation of the District Manager’s performance, and to review and negotiate any changes in compensation to the District Manager’s salary; and

WHEREAS, on May 28, 2019, the subcommittee conducted its evaluation of the District Manager and reviewed his compensation; and

WHEREAS, at its June 12, 2019 meeting, the full Board considered the subcommittee’s report as well as its recommendation as to salary; and

WHEREAS, the Board desires to adjust the salary to reflect a three and a half percent (3.5%) increase in compensation effective the first pay period in July 2019;

NOW, THEREFORE, BE IT RESOLVED that Section 5 of the attached District Manager’s Employment Agreement is hereby amended as follows:

Section 5.1 Salary. District agrees to pay Employee for Employee’s services on an annual base salary of $269,693.93 $279,133.22 payable in installments at the same time and in the same manner as other employees of the District are paid. Unless otherwise specified herein, Employee shall receive all normal and customary health, welfare, and retirement benefits provided to all management employees of the District. Employee may receive a salary adjustment as determined by the Board annually following a performance evaluation.

All other sections of the Employment Agreement are unaffected and remain in full force and effect.


AYES: Directors

NOES: Directors

ABSENT: Directors

ABSTAIN: Directors


Attest:

_______________________________

Secretary

Recommendation of Compensation for Unrepresented Employees 2 June 6, 2019 3.5% to address the cost of living adjustment is necessary to maintain the proper internal relationship. The cost of living adjustment recommended is 3.5% beginning the first pay period in Fiscal Year 2019-2020. Currently, the monthly salary ranges for the position of Director of Administrative and Information Services is $13,513 - $15,897, and the monthly range for the position of Director of Engineering and Operations is $14,236 - $16,749. The new monthly salary range for the position of Director of Administrative & Information Services will be $13,986 - $16,453 per month, and the position of Director of Engineering and Operations will be $14,734 - $17,335 per month.


A RESOLUTION OF THE BOARD OF DIRECTORS OF WEST VALLEY SANITATION DISTRICT OF SANTA CLARA COUNTY, CALIFORNIA, AMENDING A

COMPENSATION PLAN FOR WEST VALLEY SANITATION DISTRICT MANAGEMENT (UNREPRESENTED) EMPLOYEES, EFFECTIVE JULY 1, 2019

WHEREAS, the Board of Directors of West Valley Sanitation District of Santa Clara County (“Board”) wishes to approve a Compensation and Benefits Plan for Management (Unrepresented) Employees of West Valley Sanitation District ; and

WHEREAS, the Compensation Plan applies to the management positions of (1) Director of Engineering and Operations; and (2) Director of Administration and Information Services, unless superseded by an employment agreement approved by the Board; and

WHEREAS, the Board desires to amend the salary ranges for the Director of Engineering and Operations and the Director of Administration and Information Services to reflect a three and a half percent (3.5%) increase in compensation as indicated in Appendix M; and

WHEREAS, the Compensation Plan will be effective on the first pay period in July 2019.

NOW, THEREFORE, BE IT RESOLVED that the attached Appendix M, Classification and Salary Ranges – Department Managers, which is incorporated into this resolution by reference, is hereby approved.


AYES: Directors

NOES: Directors

ABSENT: Directors

ABSTAIN: Directors


Attest:

_______________________________ Secretary

APPENDIX - M

WEST VALLEY SANITATION DISTRICT CLASSIFICATIONS AND SALARY RANGES

DEPARTMENT MANAGERS


Monthly Salary Position: Control Point*

85% 100% 110%

Director of Engineering & Operations $14,734 $17,335 $19,069 Director of Administration & Info Svc. $13,986 $16,453 $18,099

*Additional 5% performance incentive at the District Manager's discretion.

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WEST VALLEY SANITATION DISTRICT OF SANTA CLARA COUNTY

COMPENSATION POLICY FOR UNREPRESENTED

MANAGEMENT EMPLOYEES

1. Purpose To establish criteria and guidelines for determining and adjusting salary ranges and other monetary compensation of district unrepresented management employees. 2. Application This policy applies solely to the following positions: Director of Administrative and Information Services, and Director of Engineering and Operations. 3. Compensation Principles Considering the special responsibilities inherent in district management positions, the Board of Directors adopts the following principles regarding Unrepresented Management Employees salary ranges, other compensation, and conditions of service.

a) Unrepresented Management Employees serve at will under the direct supervision of the District General Manager. Therefore evaluation of performance of Unrepresented Management Employees and placement within their respective salary ranges is determined solely by the District General Manager.

b) Salary ranges for Unrepresented Management Employees shall be established to maintain a comparative relationship with similar positions in other public agencies in the San Francisco Bay region from which reliable data may be obtained for a representative number of comparable management positions.

c) Salary ranges for Unrepresented Management Employees shall be established to maintain appropriate internal relationships based on comparative job responsibilities between positions within the organization.

d) Adjustments to salary ranges for Unrepresented Management Employees may be made as necessary to prevent salary range compaction and maintain the objectives of this policy.

e) Unrepresented Management Employees may be eligible for discretionary performance bonuses in recognition of achievement for individual efforts that have enhanced or improved district services, or have in other ways demonstrated exceptional achievement.

f) Levels of compensation for Unrepresented Management Employees shall be reviewed at least annually by the District General Manager in light of the foregoing considerations, and if appropriate, suitable adjustments made upon consideration of the Manager’s recommendation.

Approved by the WVSD BOD on November 12, 2003 Revised September 13, 2006, and September 11, 2013

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4. Guidelines for Salary Range Adjustments The above stated principles shall be used to determine Unrepresented Management Employee salary range adjustments based on the following guidelines.

a) Current job classifications and comparative compensation relationships are based on the “Organization, Classification and Compensation Study” prepared by L.B. Hayhurst & Associates in September 2000.

b) Salary range adjustments for Unrepresented Management Employees shall be made as necessary to maintain the internal comparative job relationships as established in the aforesaid study.

c) In normal circumstances, consideration of salary range adjustments for Unrepresented Management Employees shall occur within 90 days of any changes in salary ranges of classified employee groups.

d) Salary range adjustments for Unrepresented Management Employees shall be made by Minute Order in open session. (See below for changes).

e) Extraordinary changes in job responsibilities, job classifications, organizational structure, or external comparisons shall necessitate a new study to reestablish correct comparative compensation and job relationships.

5. Criteria for Performance Bonuses

The district has an adopted Performance Incentive Policy for all classified employees intended to foster an organizational culture based on continuous improvement. It is recognized that Unrepresented Management Employees are crucial to the organization’s success in every endeavor, and therefore shall be considered for performance bonuses based on the following criteria.

a) On an annual basis the Unrepresented Management Employees shall submit a summary of accomplishments for review by the District General Manager.

b) Consideration of performance bonuses for Unrepresented Management Employees shall be based on accomplishments such as, initiating and implementing operational improvements, making operational changes that reduce district costs, extraordinary work assignments and/or hours, and other activities that can be demonstrated to provide, or enhance, benefits to the organization.

c) The District General Manager shall consider the relative efforts of each individual Unrepresented Management Employee and recommend individual bonus amounts for the Board’s consideration and approval.

d) Performance bonus awards for Unrepresented Management Employees shall be made by Minute Order in open session. (See below for changes)

Revision Details: 4.d. September 13, 2006 – The Board granted the “authorization for the manager to award discretionary performance-related salary increase of up to 5% beyond the range.” Reference 9/13/06 meeting minutes.

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5.d. September 11, 2013, agenda #14 – The Board approved the Employee Compensation and Benefits Plan for Management (Unrepresented) Employees and Appendix M – WVSD Classification and Salary Ranges Department Managers which included “*Additional 5% performance incentive at the District Manager's discretion.”

Strategic Plan and Objectives for Fiscal Year 2019-2020 2 June 6, 2019

FY2019-2020 ACTION ITEM

GOAL A ‐ Business and Financial Management

Provide cost‐effective, financially sustainable, quality services through improved business and work

processes.

OBJECTIVE A.1 Continuously improve business processes to achieve a highly

effective, efficient, and seamless workflow.

Action Item A.1.1: Develop approach and work plan for the implementation of District

enterprise document management and record management system that reduces manual data

entry, improves work processes, and protects historical records.

OBJECTIVE A.2 Ensure all fiscal program elements and processes are transparent,

sustainable, and fiscally sound.

Action Item A.2.3: Execute Financing Plan to issue bonds and obtain proceeds to meet the District’s projected funding needs.

OBJECTIVE A.3 Maintain effective strategic partnerships with regulatory and other

stakeholder agencies to ensure mutually supportive and respectful

relationships and to achieve delivery of exceptional District services.

Action Item A.3.2: Collaborate with the City of San Jose to develop the updates on the joint line

agreement for submittal to legal counsel with the intent to execute.

OBJECTIVE A.4 Effectively serve the public and protect District interests by ensuring

all District Codes, Ordinances, Standards, Policies, and Procedures

satisfy current laws, regulations, and best management practices.

Action Item A.4.2: Review and revise District Ordinance Chapter 8 and other Chapters to reflect

District’s exit of the Storm Drain Management Program.

GOAL B ‐ Sewer System Management

Ensure uninterrupted collection and conveyance of wastewater through effective and efficient

operation, maintenance, and management of the District’s wastewater collection system.


OBJECTIVE B.2 Ensure the sustained function and longevity of the District’s

infrastructure.

Action Item B.2.3: Inflow and Infiltration Reduction Program – Implement recommendations for further testing and locating sources of inflow and infiltration.

Action Item B.2.4: Perform review and update of District Design Standards, Specifications, and Details.

Action Item B.2.5: Prepare and issue request for qualification for Engineering Master Service Agreements.

OBJECTIVE B.4 Identify and implement strategies to improve Operational efficiency

and effectiveness.

Action Item B.4.2: Perform 2020 Audit of the Sewer System Management Plan (SSMP).

GOAL C ‐ Communication & Customer Service

Continuously improve the District’s understanding and responsiveness to its customers and employees

through increased collaboration and communication.

OBJECTIVE C.1 Improve focused Customer Outreach efforts to increase awareness of

District’s services that are available to the community.

Action Item C.1.2: Review the District’s current outreach efforts and develop a comprehensive

outreach program that improves customer understanding of responsibilities and complies with

government requirements.

OBJECTIVE C.2 Enhance the level of Communication and Customer Service with each

public interaction.

Action Item C.2.1: Define the redesign of the District’s website and develop site structure, that

meets the District online goals and audience needs.

GOAL D ‐ Work Environment

Provide a safe and supportive work environment to increase morale and to address the challenges of a

changing workforce by retaining, attracting, and motivating high quality and high performing staff.


OBJECTIVE D.2 Provide sufficient training and work experience opportunities

throughout the District to encourage knowledge and skill

development.

Action Item D.2.2: Plan and coordinate 4 to 7 events to provide staff training, team

building, and skill development to improve District operational effectiveness and

efficiencies.

WEST VALLEY SANITATION DISTRICT · 6/12/2019 · 4 wvsd agenda june 12, 2019 (continued) b....

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