City of Culver City, California
Agenda Item Report
Meeting Date: 5/11/15 Item Number: C-13
CITY COUNCIL AGENDA ITEM: Adoption of a Resolution (1) Approving the
Engineer’s Report, (2) Declaring the City Council’s Intention to Order the Levy of
Annual Assessments for Fiscal Year 2015/2016, and (3) Setting the Date, Time, and
Place for a Public Hearing to be Monday, June 8, 2015 at 7:00 PM in the Mike
Balkman Council Chambers for the West Washington Boulevard Benefit
Assessment District No. 1.
Contact Person/Dept.:
Elaine Warner
Phone Number:
(310) 253-5777
Fiscal Impact: Yes [] No [X] General Fund: Yes [] No [X]
Public Hearing: [] Action Item: [] Attachments: [X]
Commission Action Required: Yes [] No [] Date: _______________
Public Notification: (E-Mail) Meetings and Agendas – City Council (05/06/15);
Assessment District Property Owners (04/29/15)
Department Approval:
Sol Blumenfeld (05/05/15)
City Attorney Approval:
Carol Schwab (by H. Baker) (05/06/15)
Chief Financial Officer Approval:
Jeff Muir (by M. Noller) (05/06/15)
City Manager Approval:
John M. Nachbar (05/06/15)
RECOMMENDATION:
Staff recommends the City Council adopt a resolutionapproving the Engineer’s Report
for the West Washington Boulevard Benefit Assessment District No. 1, declaring its
intention to order the levy of annual assessments for Fiscal Year 2015/2016, and setting
a Public Hearing for June 8, 2015 at 7:00 PM in the Mike Balkman Council Chambers.
BACKGROUND:
In June 2009, the West Washington Assessment District No. 1 was formed to fund the
maintenance of five new landscaped medians installed between Beethoven Street and
Rosabell Avenue as well as new expenses (electricity) associated with the
refurbishment of six medians at between Rosabell Avenue and Wade Street.
DISCUSSION
The annual assessment includes costs for landscape maintenance, utilities, County
fees, and administration of the District. During the first year of formation, funds were
levied and collected for the District to establish a reserve fund. This fund was created
to cover unforeseen expenses not normally included in the yearly maintenance costs.
The proceeds may be used to fund palm tree replacement, repair damaged
equipment due to vandalism, storms and other similar events.
City of Culver City, California
Agenda Item Report
Per the Resolution of Initiation adopted by the City Council on April 13, 2015 an
Engineer’s Report has been prepared and is on file with the City Clerk and is
submitted herewith to the City Council. This evening, the City Council is asked to
adopt a resolution that approves the Engineer’s Report, declares the City’s intention
to levy and collect assessments for the upcoming fiscal year, and sets the date, time
and place for the public hearing as required by Culver City Municipal Code Section
15.01.070. Should the City Council adopt the proposed resolution, the City Clerk will
provide notice of the public hearing by causing the Resolution of Intention to be
published at least 10 days prior to the date of the hearing. The public hearing is
scheduled for June 8, 2015 at 7:00 PM in the Mike Balkman Council Chambers.
FISCAL ANALYSIS:
The Engineer’s Report calculates the maintenance and administration budget for
Fiscal Year 2015/2016 to be $17,300 which includes a CPI increase of
approximately .10% based on the February Consumer Price Index for All Urban
Consumers for the Los Angeles, Riverside and Orange County Area. However, the
estimated reserve balance for this assessment district, as of June 30, 2015, is
anticipated to be $14,903. State law requires that only 50% of the annual
assessment may be set-aside in the reserve fund. Fifty percent of the current annual
budget is $8,650. Therefore, the remaining portion of the reserve balance,
$6,253.52, has been applied to the Fiscal Year 2015/2016 budget. The total balance
to levy for Fiscal Year 2015/2016 is $11,046.34.
ATTACHMENTS:
1. Engineer’s Report
2. Proposed Resolution
MOTION:
That the City Council:
Adopt a Resolution (1) approving the Engineer’s Report, (2) declaring the City
Council’s intention to levy and collect assessments for the West Washington
Boulevard Assessment District No. 1, and (3) setting the time, date and place for
a Public Hearing on June 8, 2015 at 7:00 PM in the Mike Balkman Council
Chambers.
MEETING DATE: 5.11.15
AGENDA ITEM: Adoption of a Resolution (1) Approving the Engineer’s Report,
(2) Declaring the City Council’s Intention to Order the Levy of
Annual Assessments for Fiscal Year 2015/2016, and (3) Setting
the Date, Time, and Place for a Public Hearing to be Monday,
June 8, 2015 at 7:00 PM in the Mike Balkman Council
Chambers for the West Washington Boulevard Benefit
Assessment District No. 1.
ATTACHMENTS
Pages
1. Engineer’s Report 1 - 15
2. Proposed Resolution 16 - 18
Main Office
32605 Temecula Parkway, Suite 100
Temecula, CA 92592
Toll free: 800.676.7516 Fax: 951.296.1998
Regional Office
870 Market Street, Suite 1223
San Francisco, CA 94102
Toll free: 800.434.8349 Fax: 415.391.8439
City of Culver City
Benefit Assessment District
West Washington Boulevard No. 1
May 2015
Fiscal Year 2015/16 Engineers Report
ATTACHMENT 1
1CITY OF CULVER CITY
BENEFIT ASSESSMENT DISTRICT
WEST WASHINGTON BOULEVARD NO. 1
9770 Culver Blvd.
Culver City, CA. 90232
Phone - (310) 253-5700
CITY COUNCIL
Micheál O’Leary, Mayor
Andrew Weissman, Vice Mayor
Jeffery Cooper, Councilmember
Jim B. Clark, Councilmember
Meghan Sahli-Wells, Councilmember
CITY STAFF
John Nachbar, City Manager
Sol Blumenfeld, Community Development Director
Charles D. Herbertson, Public Works Director
Martin Cole, Assistant City Manager/City Clerk
Mate Gaspar, Engineering Services Manager
Elaine Gerety-Warner, Senior Management Analyst
NBS
Pablo Perez, Client Services Director
Nick Dayhoff, Consultant
ATTACHMENT 1
2TABLE OF CONTENTS
1. ENGINEER’S LETTER 1-1
2. PLANS AND SPECIFICATIONS 2-1
2.1. Description of the Boundaries of the District .............................................. 2-1
2.2. Description of Improvements and Services ................................................ 2-1
3. ESTIMATE OF COSTS 3-1
3.1. District Budget............................................................................................ 3-1
3.2. Definitions of Budget Items ........................................................................ 3-2
4. METHOD OF APPORTIONMENT 4-1
4.1. General ...................................................................................................... 4-1
4.2. Special Benefit ............................................................................................. 4-1
4.3. General Benefit .......................................................................................... 4-2
4.4. Method of Apportionment Spread .............................................................. 4-2
4.5. Cost of Living Inflation................................................................................ 4-3
5. ASSESSMENT DIAGRAM 5-1
6. ASSESSMENT ROLL 6-1
ATTACHMENT 1
3Benefit Assessment District West Washington Boulevard No. 1 – City of Culver City 1-1
Prepared by NBS – Fiscal Year 2015/16
1. ENGINEER’S LETTER
WHEREAS the City Council of the City of Culver City (the “City”), State of California, under the
Culver City Municipal Code (the “CCMC”), adopted its Resolution Initiating Proceedings for the Annual
Levy of Assessments and Ordering the Preparation of an Engineer’s Report for the Benefit Assessment
District West Washington Boulevard No. 1 (the “District”);
WHEREAS, the Resolution of Initiation directed the NBS Government Finance Group, to prepare
and file a report presenting plans and specifications describing the general nature, location and extent of
the improvements to be maintained, an estimate of cost of the maintenance, operations and servicing of
the improvements for the District for the referenced fiscal year, a diagram for the District, showing the
area and properties proposed to be assessed, and an assessment of the estimated costs of the
maintenance, operations and servicing the improvements, assessing the net amount upon all assessable
lots and/or parcels within the District in proportion to the special benefit received;
WHEREAS, the following assessment is made to cover the portion of the estimated cost of
maintenance, operation and servicing of said improvements to be paid by the assessable real property
within the District in proportion to the special benefit received:
SUMMARY OF ASSESSMENT
As
Preliminarily
Approved
As
Approved
by Council
Direct Maintenance and Administrative Costs $17,300.00
Reserve Fund Contribution (6,253.52)
Total Assessable Budget Costs $11,046.48
Total District Parcels 37
Total Assessable Linear Front Footage 1,863.05
Total Assessable Building Square Footage 113,092
Proposed Assessment Per Linear Front Foot
$4.15047
Proposed Assessment Per Building Square Foot
$0.02930
Maximum Assessment Per Linear Square Foot $7.32845
Maximum Assessment Per Building Square Foot $0.05174
ATTACHMENT 1
4Benefit Assessment District West Washington Boulevard No. 1 – City of Culver City 2-1
Prepared by NBS – Fiscal Year 2015/16
2. PLANS AND SPECIFICATIONS
The District provides for the continued administration, maintenance, operations, and servicing of
various improvements located within the public right-of-way and dedicated easements within the
boundaries of the District.
2.1. Description of the Boundaries of the District
The District is located in the City of Culver City. The boundaries of the District are generally described
as that area located west of Wade Street, east of Beethoven Street and along West Washington
Boulevard.
2.2. Description of Improvements and Services
The improvements are the construction, operation, maintenance and servicing of seven medians,
landscaping, lighting, and appurtenant facilities, including, but not limited to, labor costs, utilities,
material, contracting services and any other items necessary for the satisfactory maintenance and
operation of the these improvements as described below.
Reference is made to the plans and specifications for the improvements, which are on file with the
Culver City Redevelopment Agency. The table below lists specific improvements within the District to
be maintained:
Medians
Landscaping
Lighting
Irrigation
ATTACHMENT 1
5Benefit Assessment District West Washington Boulevard No. 1 – City of Culver City 3-1
Prepared by NBS – Fiscal Year 2015/16
3. ESTIMATE OF COSTS
The estimated cost of administration, maintenance, operations, and servicing the improvements as
described in the Plans and Specifications are summarized below. Each year, as part of the
assessment district levy calculation process, the costs and expenses are reviewed and the annual
costs are projected for the following fiscal year.
3.1. District Budget
DIRECT MAINTENANCE COSTS
BUDGET
FISCAL YEAR 2015/16
Maintenance Costs $2,000.00
Water for Irrigation 3,000.00
Lighting 4,200.00
Mulch Replacement/Plant Replacement 3,500.00
Subtotal Direct Costs $12,700.00
ADMINISTRATION COSTS
City Administration $1,555.96
Consultants 2,985.79
County Fee* 58.25
Subtotal Administration Costs $4,600.00
Subtotal of Direct & Administrative Costs $17,300.00
Amount to be carried over from Improvement Fund $0.00
Contributions from other Sources 0.00
Reserve Fund Contribution (6,253.52)
Total Assessable Budget Costs $11,046.48
Rounding Adjustment (0.14)
Total Balance to Levy $11,046.34
Total District Parcels 37
Total Assessable Linear Front Footage 1,863.05
Total Assessable Building Square Footage 113,092
Assessment Per Linear Front Foot $4.15047
Assessment Per Building Square Foot $0.02930
*Annual fee of $50 per district, plus $0.25 per parcel.
ATTACHMENT 1
6Benefit Assessment District West Washington Boulevard No. 1 – City of Culver City 3-2
Prepared by NBS – Fiscal Year 2015/16
It is the intent of the City of Culver City to establish a reserve that shall not exceed the estimated
costs of maintenance and servicing to December 10 of the fiscal year, or whenever the City expects
to receive its apportionment of special assessments and tax collections from the County, whichever is
later. The reserve balance information for the District is as follows:
Estimated Fiscal Year Ending June 30, 2015 Reserve Fund Balance $14,903.52
Operating Reserve Collection / (Contribution) – Fiscal Year 2015/16 (6,253.52)
Estimated Fiscal Year Ending June 30, 2016 Reserve Fund Balance $8,650.00
3.2. Definitions of Budget Items
The following definitions describe the services and costs included in the District Budget:
Direct Costs:
Maintenance Costs includes all regularly scheduled labor, material and equipment required to
properly maintain and ensure the satisfactory condition of all medians, palm trees, landscaping, and
appurtenant facilities, on a bi-monthly basis.
Water for Irrigation includes the furnishing of water required for the operation and maintenance of the
landscape and irrigation systems.
Lighting includes the furnishing of electricity required for the operation and maintenance of the palm
tree uplights.
Mulch Replenishment includes once annually replenishment of mulch as required for the operation
and maintenance of the landscaping and median facilities.
Plant Replacement includes the replacement of plants as required to ensure the satisfactory condition
of the landscaping and median facilities (does not include replacement of palm trees).
Irrigation Replacement includes the ongoing repair and replacement of the irrigation systems,
including solar controller and rain sensor.
Administration Costs:
City Administration includes the cost to all particular departments and staff of the City for providing
the coordination of the District services, operations and maintenance of the improvements, response
to public concerns and education, and procedures associated with the levy and collection of
assessments.
Consultants include the costs associated with contracting with professionals to provide services
specific to the administration of the annual assessment levy.
County Fee includes fees charged by the County of Los Angeles for placing the assessments onto
the tax rolls on a yearly basis. This fee is $0.25 per parcel plus $50 per district.
ATTACHMENT 1
7Benefit Assessment District West Washington Boulevard No. 1 – City of Culver City 3-3
Prepared by NBS – Fiscal Year 2015/16
Operating Reserve Collection:
Operating Reserve Collection is the amount collected to maintain reserves to enable the City to pay
for the operation and maintenance costs to December 10 of the fiscal year. The Reserve Fund
Contribution will continue until such a time the Reserve Fund balance is approximately one half of the
annual costs. The funds will be allowed to build up gradually in anticipation of any unforeseen
expenses not normally included in the yearly maintenance costs. This may include, but is not limited
to, palm tree replacement, repair or damaged equipment due to vandalism, storms, and other similar
events.
ATTACHMENT 1
8Benefit Assessment District West Washington Boulevard No. 1 – City of Culver City 4-1
Prepared by NBS – Fiscal Year 2015/16
4. METHOD OF APPORTIONMENT
4.1. General
Pursuant to the CCMC and Article XIIID, all parcels that have a special benefit conferred upon them
as a result of the maintenance and operation of improvements and services shall be identified and the
proportionate special benefit derived by each identified parcel shall be determined in relationship to
the entire costs of the maintenance and operation of improvements. The net amount to be assessed
may be apportioned by any formula or method that fairly distributes the net amount among all
assessable lots or parcels. Proposition 218, approved by the voters in November 1996, requires the
Agency to separate general benefit from special benefit, where as only special benefit is assessed.
Each parcel within the District receives special and direct benefit from the improvements and
associated appurtenances located within the public rights-of-ways located within the District, due to
the proximity of said improvements.
4.2. Special Benefit
The landscape and median improvements will be installed by the Culver City Redevelopment Agency
and the continued maintenance is guaranteed through the establishment (formation) of the District.
Since these improvements are for the benefit of the properties within the District and those properties
also benefit from the maintenance of the improvements, only the property owners within the District
are assessed for the said maintenance of improvements.
In addition, the improvements confer a particular and distinct special benefit upon all parcels within
the District because of the nature of the improvements. The ongoing and proper maintenance of
landscaping improves the aesthetic appeal of the properties within the District providing a positive
representation as well as the enhanced desirability of properties through association with the
improvements. This increase in the value provides a distinct special benefit to the parcels within the
District, which includes higher occupancy rates, increased rentals and lower vacancies. According to
Judith Guido, Director of Marketing for LandCareUSA, landscaping can increase the resale value of a
building up to 14% and speed up the sale of a building by 6 weeks. The installation and maintenance
of raised medians improve both pedestrian and traffic safety to those either walking or driving within
the District. According to the US Department of Transportation Federal Highway Administration,
raised medians provide pedestrian protection by “reducing pedestrian involved crashes by 45 percent
and fatalities by 78 percent” and after analysis of crash data in seven states, “raised medians reduce
crashes by over 40 percent in urban areas.” The parcels within the District receive a distinct special
benefit as their primary use is business/retail, and studies have proven that greenery and associated
landscaping attract shoppers to the area as well as stimulate economic growth (Kathleen Wolf,
University of Washington: Economic and Public Value of Urban Forests). Also, according to Virginia
Cooperative Extension, a recent study has found that consumers are willing to pay a premium of up
to 12% for goods purchased in retail establishments that are accompanied by quality landscaping.
The ongoing and proper maintenance of the landscaping and appurtenant facilities specially benefits
parcels within the District by enhancing the environmental quality of the parcels and making them
more desirable by improving air quality, providing shade from solar radiation, reducing temperatures
through evaporation and transpiration and absorbing heat (according to data from Planet,
professional landscape network). All of the above-mentioned items contribute to a specific
enhancement and special benefit of the properties within the District.
ATTACHMENT 1
9Benefit Assessment District West Washington Boulevard No. 1 – City of Culver City 4-2
Prepared by NBS – Fiscal Year 2015/16
4.3. General Benefit
In addition to the special benefits received by the parcels within the District, there are incidental
general benefits conferred by the proposed improvements. It is recognized that the proper
maintenance of the medians and landscaping improvements provide only an incidental benefit to the
public at large, including traffic and pedestrian safety for those passing though the District. Also,
according to Projectevergreen.com Economic Fact Sheet, the installation and proper maintenance of
landscaping can protect the City’s drainage systems. In addition, the proper maintenance of
landscaping, lighting and appurtenant facilities reduces property-related crimes (especially vandalism)
against properties located in the vicinity of the improvements (Diane Relf, Extension Specialist and
Environmental Horticulture of Virginia Tech). Finally, the proper maintenance of landscaping provides
a positive visual experience to persons passing through the District, which is only an incidental
benefit. All of the aforementioned constitutes incidental general benefits conferred by the
improvements.
The total benefits thus are a combination of the special benefits to the parcels within the District and
the general benefits to the public at large and to the adjacent properties. Because the median and
landscaping improvements are located immediately in front of the properties within the District, and is
maintained for the benefit of said properties, any benefit received by properties outside the District is
merely coincidental. Nonetheless, the Agency has agreed to ensure that no property is assessed in
excess of the reasonable cost of the proportional special benefit conferred upon that property.
4.4. Method of Apportionment Spread
Each of the parcels within the District is deemed to receive special benefit from the improvements.
Each parcel that has a special benefit conferred upon them as a result of the maintenance and
operation of improvements are identified and the proportionate special benefit derived by each
identified parcel is determined in relationship to the entire costs of the maintenance and operation of
the improvements. The assessment per linear front foot and building square foot is determined as
follows:
Assessment per Linear Front Foot = (Total Costs X 0.70) / Total District Linear Front Feet
Assessment per Building Square Foot = (Total Costs X 0.30) / Total District Building Square Feet
Only parcels that receive direct special benefit are assessed, and each parcel is assessed in
proportion to the estimated benefit received, in accordance with the formula listed below:
Parcel’s Linear Front Footage X
Assessment per Linear Foot
+
Parcel’s Building Square Footage X
Assessment per Building Square Foot
=
Assessment Per
Parcel
There are 37 total parcels within the District, with 1,863.05 total linear front feet and 113,092 total
building square feet. The assessment is spread as follows:
Fiscal Year 2015/16 Total Assessable Budget Costs $11,046.48
Total District Linear Front Footage 1,863.05
Total District Building Square Footage 113,092
Fiscal Year 2015/16 Assessment per Linear Front Foot $4.15047
Fiscal Year 2015/16 Assessment per Building Square Foot $0.02930
ATTACHMENT 1
10Benefit Assessment District West Washington Boulevard No. 1 – City of Culver City 4-3
Prepared by NBS – Fiscal Year 2015/16
4.5. Cost of Living Inflation
The proposed maximum assessment sets the initial maximum assessment and is stated in Fiscal
Year 2009/10 dollars. As of February 1 of each fiscal year beginning Fiscal Year 2010/11, the
maximum assessment amount shall be increased by the February Consumer Price Index for All
Urban Consumers for the Los Angeles, Riverside and Orange County area. The annual assessment
shall not exceed the maximum assessment, unless the appropriate Proposition 218 proceedings are
conducted by the City to authorize an increase beyond the maximum assessment amount.
The following table shows the historical maximum and actual assessments for the District:
FISCAL
YEAR CPI
MAXIMUM
ASSESSMENT
PER LINEAR
FRONT FOOT
MAXIMUM
ASSESSMENT
PER BUILDING
SQUARE FOOT
ACTUAL
ASSESSMENT
PER LINEAR
FRONT FOOT
ACTUAL
ASSESSMENT
PER BUILDING
SQUARE FOOT
2009/10
- $6.72534 $0.04748 $5.41000 $0.04000
2010/11 +1.44% 6.82195 0.04816 5.50690 0.03888
2011/12 +2.27% 6.97712 0.04926 1.41160 0.00997
2012/13 +2.09% 7.12314 0.05029 4.22491 0.02983
2013/14 +2.22% 7.28156 0.05141 7.27143 0.05134
2014/15 +0.54% 7.32122 0.05169 3.69904 0.02612
2015/16 +0.10% 7.32845 0.05174 4.15047 0.02930
ATTACHMENT 1
11Benefit Assessment District West Washington Boulevard No. 1 – City of Culver City 5-1
Prepared by NBS – Fiscal Year 2015/16
5. ASSESSMENT DIAGRAM
An Assessment Diagram for the District has been submitted to the City Clerk in the format required
under the provision of the CCMC. The lines and dimensions shown on maps of the County Assessor
of the County of Los Angeles for the current year are incorporated by reference herein and are made
a part of this Report.
ATTACHMENT 1
12ATTACHMENT 1
13Benefit Assessment District West Washington Boulevard No. 1 – City of Culver City 6-1
Prepared by NBS – Fiscal Year 2015/16
6. ASSESSMENT ROLL
Parcel Identification, for each lot or parcel within the District, shall be the parcel as shown on the Los
Angeles County Assessor’s map for the year in which this Report is prepared.
A listing of parcels assessed within the District, along with the assessment amounts, is included on
the following page. If any parcel submitted for collection is identified by the County Auditor/Controller
to be an invalid parcel number for the current fiscal year, a corrected parcel number and/or new
parcel numbers will be identified and resubmitted to the County Auditor/Controller. The assessment
amount to be levied and collected for the resubmitted parcel(s) shall be based on the method of
apportionment spread approved in this Report. Therefore, if a single parcel has changed to multiple
parcels, the assessment amounts applied to each of the new parcels shall be recalculated and
applied according to the approved method of apportionment spread rather than a proportionate share
of the original assessment.
ATTACHMENT 1
14CITY OF CULVER CITY
BENEFIT ASSESSMENT DISTRICT WEST WASHINGTON BOULEVARD NO. 1
ASSESSMENT ROLL
FISCAL YEAR 2015/16
Assessor's Assessment Linear Levy Linear Building Levy Building Total Rounding Total
Parcel Number Number Owner Front Footage Front Footage Square Footage Square Footage Assesment Adjustment Levy
4230-023-001 1 KIGAWA STEVEN 27.31 $113.35 2,300 $67.40 $180.75 ($0.01) $180.74
4230-023-002 2 KIGAWA STEVEN 25.00 103.76 864 25.32 129.08 0.00 129.08
4230-023-005 3 SAQQARA INC 25.00 103.76 0 0.00 103.76 0.00 103.76
4230-023-027 4 RECO CORPORATION 25.00 103.76 3,700 108.42 212.18 0.00 212.18
4230-023-036 5 SAQQARA INC 102.30 424.59 2,040 59.78 484.37 (0.01) 484.36
4231-027-001 6 BERKE FAMILY LIMITED PARTNERSHIP 56.50 234.50 3,370 98.75 333.25 (0.01) 333.24
4231-027-004 7 FLECK JEFFREY CO TR & FLECK STEINHART FAMILY TRUST 56.50 234.50 3,736 109.48 343.98 0.00 343.98
4231-027-008 8 ROCKVIEW DAIRIES INC 153.56 637.35 5,000 146.52 783.86 0.00 783.86
4231-027-029 9 ROBINSON JUDY K & MACDONALD ROBINSON TRUST 32.96 136.80 2,409 70.59 207.39 (0.01) 207.38
4231-027-030 10 ROWELL JAMES & EULENE & ROWELL FAMILY TRUST 50.83 210.97 3,111 91.16 302.13 (0.01) 302.12
4231-027-031 11 FLECK JEFFREY CO TR & FLECK STEINHART FAMILY TRUST 56.00 232.43 3,248 95.18 327.60 0.00 327.60
4231-027-902 12 CULVER CITY 0.00 0.00 0 0.00 0.00 0.00 0.00
4231-028-001 13 IRANI GEVE & KRIENS YVONNE 50.00 207.52 744 21.80 229.33 (0.01) 229.32
4231-028-026 16 MONTELEONE ROBERT E CO TR & MONTELEONE FAMILY TRUST 43.50 180.55 664 19.46 200.00 0.00 200.00
4231-028-027 17 WASHINGTON BLVD INVESTMENTS INC 55.19 229.06 1,626 47.65 276.71 (0.01) 276.70
4231-028-029 18 IRANI GEVE K 45.91 190.55 3,232 94.71 285.26 0.00 285.26
4231-028-037 19 MOSES ALBALAS O D INC 21.20 87.99 1,863 54.59 142.58 0.00 142.58
4231-028-039 21 XU JUNLI & YANG JANET H 29.30 121.61 1,860 54.50 176.11 (0.01) 176.10
4231-028-040 22 RIOS MARINA CORTINOVIS L DDS INC 48.40 200.88 1,822 53.39 254.27 (0.01) 254.26
4231-028-055 20-A COOMBS CHAD C & GALE C COOMBS DECD TRUST 28.48 118.21 1,362 39.91 158.12 0.00 158.12
4231-028-056 14-15 KEYVAN FARROKH & ZOHREH & F AND Z KEYVAN TRUST 90.38 375.12 2,701 79.15 454.27 (0.01) 454.26
4231-028-900 20-B REGENTS OF UNIVERSITY OF CA 7.12 29.55 341 9.99 39.54 0.00 39.54
4236-020-001 23 TRIANGLE CENTER LLC 32.70 135.72 2,450 71.79 207.51 (0.01) 207.50
4236-020-002 24 TRIANGLE CENTER LLC 25.00 103.76 0 0.00 103.76 0.00 103.76
4236-020-003 25 TRIANGLE CENTER LLC 25.00 103.76 0 0.00 103.76 0.00 103.76
4236-020-004 26 TRIANTGLE CENTER LLC 25.00 103.76 0 0.00 103.76 0.00 103.76
4236-020-005 27 TRIANTGLE CENTER LLC 25.00 103.76 0 0.00 103.76 0.00 103.76
4236-020-006 28 TRIANTGLE CENTER LLC 219.05 909.16 13,946 408.66 1,317.82 0.00 1,317.82
4236-021-001 29 UPWARD BOUND HOUSE 107.70 447.01 6,875 201.46 648.46 0.00 648.46
4236-021-002 30 ONTIVEROS ANGELA 25.00 103.76 1,400 41.02 144.79 (0.01) 144.78
4236-021-003 31 ROCKENWAGNER HANS & PATRICIA 25.00 103.76 1,120 32.82 136.58 0.00 136.58
4236-021-004 32 MOSKOWITZ M & L & MOSKOWITZ TRUST 25.00 103.76 1,585 46.45 150.21 (0.01) 150.20
4236-021-005 33 MOSKOWITZ M & L & MOSKOWITZ TRUST 25.00 103.76 1,875 54.94 158.71 (0.01) 158.70
4236-021-006 34 MOSER RETA C & RETA C MOSER TRUST 32.73 135.84 1,588 46.53 182.38 0.00 182.38
4236-021-900 35 SUCCESSOR AGENCY TO REDEV AGENCY OF CULVER CITY 50.00 207.52 9,065 265.63 473.16 0.00 473.16
4236-021-901 36 SUCCESSOR AGENCY TO REDEV AGENCY OF CULVER CITY 82.70 343.24 9,065 265.63 608.88 0.00 608.88
4236-021-902 37 SUCCESSOR AGENCY TO REDEV AGENCY OF CULVER CITY 57.73 239.61 9,065 265.63 505.24 0.00 505.24
4236-021-903 38 SUCCESSOR AGENCY TO REDEV AGENCY OF CULVER CITY 50.00
207.52 9,065 265.63 473.16 0.00 473.16
Totals: 1,863.05 $7,732.54 113,092 $3,313.94 $11,046.48 ($0.14) $11,046.34
Page 1 of 1
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