SR 02-14-2017 13C 13.C
February 14, 2017
Council Meeting: February 14, 2017 Santa Monica, California
1 of 1
CITY CLERK’S OFFICE - MEMORANDUM
To: Mayor and City Council
From: Denise Anderson -Warren, City Clerk , Records & Elections Services
Department
Date : February 14, 2017
13.C Request of Councilmembers O’Day and Vazquez that the Council direct
staff to examine its investment practices and consider divesting all City
funds from Wells Fargo, due to their business practices and their
involvement in financing the Dakota Access Pipeline.
SMCLC Support for Item 13 -C on 2/14/17 City Council Agenda
The Santa Monica Coalition for a Livable City (SMCLC) supports Item 13 -C which call s
for a review to determine whether to dives t City funds from Wells Fargo Bank “due to
their business practices” and their involvement in financing the Dakota Pipeline.
The essence of this proposal is the City’s responsibility to require that th ose with
whom it does the p eople ’s business engage in sound legal and ethical business
practices. Otherwise the City and the public are at risk. Santa Monica must
carefully consider with whom it does business ; it must continue to monitor them
through out the course of the relationship ; and refus e to renew contracts or enter new
ones where there is a clear disrega rd of the law . City agreements should have broad
clauses related to the continued l awful conduct of contractors. The City also has social
and environmental responsibilities.
In the case of Wells Fargo, the ba nk created millions of bogus accounts without the
knowledge or consent of its clients , presumably including in Santa Monica, and it is a
lender to the Dakota Pipeline project , raising both legal and social responsibility issues.
In divesting its funds from Wells Fargo , Santa Monica would join cities such as Davis
and Seattle , whic h voted to pull their $124 million and $3 billion respectively in annual
cash flows from Wells Fargo as the result of the bank ’s reprehensible business
practices. Over the course of l ast year our City had over $425 million with Wells Fargo .
(See Santa Monica Lookout , 2/9/17 ).
NMS’ “Business Practices” are Unacceptable and Put Us at Even Higher Risk
Santa Monica should not do business with those whose business practices are illegal,
un sound or un ethical to the full extent permitted by law . To do so would put the City, its
businesses and residents at high risk.
SMCLC believes that even more pressing and urgent for Santa Monica is NMS ,
whose business practices have been found by the Los Angeles Superior Court to
be fraudulent and to have committed “massive, intentional, coordina ted efforts to
destroy evidence ” and forgery. These findings relate to NMS ’ business practices ,
including 6 buildings in Santa Monica .
Over t wo month s ago, the Council authorized an investigation into NMS, including the
accuracy of its representations and its compliance with all its obligations. Given the
importance of this matter, the investigation should be thorough, rigorous, and full y
staffed. For ensic experts should be used as they were central to the C ourt ’s discovery
of NMS ’s massive scheme of forgery and hiding documents from investigators .
This investigation also needs to include a review of the Court’s findings and other
matters and lawsuits to determine whether NMS’ “business practices ” involve
unacceptable legal and business risks to the City and its residents .
###
1
Vernice Hankins
From:Council Mailbox
Sent:Wednesday, February 08, 2017 3:57 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Divestment from Wells Fargo
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Susan Cope [mailto:susan.waller.cope@gmail.com]
Sent: Wednesday, February 8, 2017 2:05 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Divestment from Wells Fargo
I urge you to divest any funds the ci ty of Santa Monica has with Wells Fa rgo because of its financing of the
Dakota Access Pipeline.
Susan Cope
Item 13-C
02/14/17
1 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Wednesday, February 08, 2017 3:57 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Wells Fargo Bank
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Emi Carvell [mailto:oneiemi3@gmail.com]
Sent: Wednesday, February 8, 2017 11:57 AM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Wells Fargo Bank
I’m presenting the block of the Maple st. to send a message to divest above bank for the Dakota Access Pipeline.
We truly appreciate your hard work just like Seattle did. Thank you.
Item 13-C
02/14/17
2 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Wednesday, February 08, 2017 3:58 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Wells Fargo
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Mark Shaw [mailto:markjshaw@verizon.net]
Sent: Wednesday, February 8, 2017 9:38 AM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Wells Fargo
Dear Council Members,
Unless it involves, e.g., Communist Ch ina SOE’s (et al), the City of Santa Monica should not be making
politically-based investment decisions. Ignore th e campaign to divest from legitimate, profitable
investments. Thank you.
Mark Shaw
2028 14th Street, Apt. H
Santa Monica, California 90405
310-450-7268
markjshaw@verizon.net
Item 13-C
02/14/17
3 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Wednesday, February 08, 2017 3:58 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Please divest from Wells Fargo and any other banks supporting oil pipelines
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: G. Henry Schmitt [mailto:g.henry.schmitt@gmail.com]
Sent: Tuesday, February 7, 2017 4:08 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Please divest from Wells Fargo and any other banks supporting oil pipelines
Hello,
I am a resident of Santa Monica, and would like the city to follow the example that Seattle set today by voting
to divest from Wells Fargo. I would li ke Santa Monica to specifically not support any banks that are involved in
the DAPL or any other oil pipeline projects.
I understand this will be under discussi on at the meeting next Tuesday and hope that this advances quickly into
positive action.
Thank you,
George Schmitt
Item 13-C
02/14/17
4 Item 13-C
02/14/17
1
Vernice Hankins
From:mkdaniels13@gmail.com
Sent:Wednesday, February 08, 2017 6:33 PM
To:councilmtgitems
Subject:Divest from Wells Fargo
Thank you for examining Santa Monica's investment practices, with regard to the Dakota Access Pipeline. Please divest
all City funds from Wells Fargo, due to their extremely shady business practices and their involvement in financing the
Dakota Access Pipeline. Investment is the best way to show the values of Santa Monica. There must be banks and
companies th at treat peopl e, employees, and the environment with respect.
Thank you,
MK Daniels
90404
Item 13-C
02/14/17
5 Item 13-C
02/14/17
1
Vernice Hankins
From:Coalition for a Livable City <info@smclc.net>
Sent:Saturday, February 11, 2017 2:31 PM
To:Council Mailbox; Ted Winterer; Sue Himmelrich; Tony Vazquez; Terry O’Day; Kevin
McKeown Fwd; Pam OConnor; Gleam Davis
Cc:councilmtgitems; Santa Monica City Manager's Office
Subject:SMCLC Support for Item 13-C on 2.14.17 City Council Agenda re Wells Fargo
Divestiture
Attachments:Item 13C 2.14.17 Council Agenda.pdf
Good afternoon,
Attached plea se find SMCLC's support of Council Agenda Item 13 ‐C re divesting City funds from Wells Fargo and why
similar action may be called for, following the City's ongoing investigation, as to NMS.
Sincerely,
Diana Gordon
Co ‐Chair SMCLC
Item 13-C
02/14/17
6 Item 13-C
02/14/17
1
Vernice Hankins
From:lindap_a@verizon.net
Sent:Sunday, February 12, 2017 10:19 AM
To:councilmtgitems
Subject:Item #13 C on your 2-14-17 agenda - Divestment from Wells Fargo
Dear Santa Monica City Council members,
Thank you to Councilmembers Vazquez and O'Day for placing this on the agenda:
Request of Councilmembers O’Day and Vazquez that the Council direct staff to examine its investment
practices and consider divesting all City funds from Wells Fargo, due to their business practices and their
involvement in financing the Dakota Access Pipeline.
I whole heartedly supp ort this motion and am proud to live in a city th at takes such action and sees the
interconnectedness of issues.
I urge every Councilmember to vote for this motion and join Seattle and Davis in severing ties with an
economic institution that has funded a corporation whose actions go against human rights and
environmental protections.
As background for your discussion on Tuesday night, you may find it helpful to watch this very brief report
from Democracy Now's Amy Goodman as she interviews Chase Iron Eyes and Dallas Goldtooth. It serves
as a good update and discusses the import ance of Seattle's divestment as well!
https://www.democracynow.org/2017/2/8/wa ter_protectors_call_for_global_mass
Thank you again!
Linda Piera-Avila
1424 12th St APt. E
Santa Monica 90401
Item 13-C
02/14/17
7 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 3:59 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: wells fargo-DIVEST
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Annie Monroe [mailto:annie.r.monroe@gmail.com]
Sent: Sunday, February 12, 2017 11:33 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: wells fargo ‐DIVEST
Hi,
I'm a Santa Monica resident at 90402. I'm urging you to divest from Wells Far go to show you do not support
the NoDAPL. Please let us show that our va lues are aligned with our actions. Thank you.
Annie Zuckerman
Item 13-C
02/14/17
8 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 3:44 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Please Investigate Santa Monica's investment in Wells Fargo - and the possibility
of DIVESTMENT
Follow Up Flag:Follow up
Flag Status:Completed
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Hannah E. Chodos [mailto:hannah.chodos@gmail.com]
Sent: Monday, February 13, 2017 3:42 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Please Investigate Santa Monica's investment in Wells Fargo ‐ and the possibility of DIVESTMENT
Hello -
I know that tomorrow night (2/14) the Santa Monica City Council will discuss a motion to investigate the city's
investment practices, and the possibility of divesting city funds from Wells Fargo.
I am writing to voice my support of this motion, and to en courage the City Council to do everything in its power
to invest its public dollars responsibly and ethically.
As you know, Wells Fargo's investment in the Dakota Ac cess Pipeline is corporat e sponsorship of illegal
annexation of treaty-protected lands, the abuse of our shared natural re sources, and now, the violation of our
civil and human rights by a militarized police force.
Divesting from Wells Fargo = divesting from illegal, immoral, irresponsible abuse of public money.
Thank you,
Hannah Chodos
hannah.chodos@gmail.com
323.422.5018
Item 13-C
02/14/17
9 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 3:45 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Please Divest from Wells Fargo
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Lauren Hollenstein [mailto:lauren.hollenstein@gmail.com]
Sent: Monday, February 13, 2017 2:44 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Please Divest from Wells Fargo
To whom it may concern,
I'm writing to express my desire for the City of Santa Monica to divest all of their City funds from Wells Fargo.
Wells Fargo has a long history of poor business practices from predatory lending, as we ll as last year's scandal
regarding fraudulent bank accounts created by employees. Their investments in f unding the controversial
Dakota Access Pipeline furthe r confirms their unethical business practices, and disregard for the environmental
damages the pipeline will cause to millions of Americans.
My husband is an employee in Santa Monica, we are re sidents of Santa Monica, and my daughter and myself
both attend school at public Santa Monica institutions. As tax-payers and constituents of the city, we urge you
to honor the concerns of Santa Moni ca residents and taxpayers in sendi ng a strong message to Wells Fargo.
We thank you for your consideration, and for your ongoing e fforts to be an example of environmental justice
and ethics for the rest of our state and country.
Sincerely,
Lauren Hollenstein
Item 13-C
02/14/17
10 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 3:45 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Please DIVEST
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
‐‐‐‐‐Original Message ‐‐‐‐‐
From: Jessica Accamando [mailto:jgoriginals@gmail.com]
Sent: Monday, February 13, 2017 2:28 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Please DIVEST
Council members,
I’m sure I don’t have to tell you about the many poor practices that Wells Fargo has engage d in in the past fe w years.
But I also appreciate tha t we don’t always need to punish to the extreme every business that burns a bridge. Having said
that, Wells Fargo is not our only option for investment and they have reached far beyond one mistake. It is in our best
interest to explore be tter ways and co mpanies with better values and put our money in banks that reflect our city’s
interests. We take the lead on many important issues in this country and this is one area where we can do it again. We
don’t have to depend on huge banks th at use our mon ey to invest in DAPL piping and secret fraudulent account
management. We have a choice. We have choices. It’s time to put our money where our mouth is.
Thank you,
Jessica Accamando
Item 13-C
02/14/17
11 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 3:46 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: SM City Council
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Alana Roshay [mailto:alanaroshay@yahoo.com]
Sent: Monday, February 13, 2017 12:42 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: SM City Council
I'm urging you to divest from Wells Fargo. Please cons ider my request when placing your vote tomorrow.
Have a wonderful day!
Alana Roshay
Item 13-C
02/14/17
12 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 3:55 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Wells Fargo
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: AdleractorGmail [mailto:adleractor@gmail.com]
Sent: Monday, February 13, 2017 3:53 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Wells Fargo
Hello,
I am writing to voice my support of this motion to investig ate the city's investment practices, and the possibility
of divesting city funds from Wells Fargo.
I encourage the City Council to do ev erything in its power to invest its public dollars more responsibly and
ethically.
As you know, Wells Fargo's investment in the Dakota Ac cess Pipeline is corporat e sponsorship of illegal
annexation of treaty-protected lands, the abuse of our shared natural re sources, and now, the violation of our
civil and human rights by a militarized police force.
Divesting from Wells Fargo = divesting from illegal, immoral, irresponsible abuse of public money.
Thank you for your leadership,
Rob Adler
Item 13-C
02/14/17
13 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 3:57 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: No DAPL.
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
‐‐‐‐‐Original Message ‐‐‐‐‐
From: Hannah Curtis [mailto:hannahcurtis1@hotmail.com]
Sent: Monday, February 13, 2017 3:47 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: No DAPL.
To whom it may concern,
Please stand up for what is right and divest from Wells Fargo who are invested in th e Dakota pipeline.
I atte nde d the LA protest and divested myself from HSBC.
We must all take up every opportunity to put people ahead of profit at this difficult time in the US.
Others will follow.
Here's hoping,
Hannah Curtis.
Sent from my iPhone
Item 13-C
02/14/17
14 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 3:58 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Wells Fargo
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Teal Foster [mailto:tealfoster@gmail.com]
Sent: Monday, February 13, 2017 12:15 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Wells Fargo
Hello,
I wanted to email to express my opinion that the City of Santa Monica should dive st from Wells Fargo in
connection with the DAPL. I have b een a resident of Santa Monica fo r the last 26 years. Thank you!
Best,
Teal Foster
Teal Foster / Director of Curation
310.720.7570 / Teal@vnyl.org
VNYL
http://vnyl.org
Item 13-C
02/14/17
15 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 3:58 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Santa Monice Divests? Dakota Pipeline and Wells no so far go
Follow Up Flag:Follow up
Flag Status:Flagged
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Dr Michael Cahn [mailto:velocipedus@gmail.com]
Sent: Monday, February 13, 2017 10:30 AM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Santa Monice Divests? Dakota Pipeline and Wells no so far go
Dear Councillors
I understand you will discuss a review of official busine ss with certain banking institutions that may not comply
with the moral and ethical values our city stands for. I am writing to express my w holehearted support for such
a move.
--
Dr Michael Cahn
Item 13-C
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16 Item 13-C
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1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 3:59 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Gigi Decavalles; Elaine Polachek
Subject:FW: Wells Fargo
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Huntercait@aol.com [mailto:Huntercait@aol.com]
Sent: Sunday, February 12, 2017 4:59 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Wells Fargo
Follow Seattle's lead. Divest! Sincerely, Ann Hoffman, SaNTA Monica Resident
Item 13-C
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17 Item 13-C
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1
Vernice Hankins
From:Lydia Ponce <venicelydia@gmail.com>
Sent:Monday, February 13, 2017 1:28 PM
To:Clerk Mailbox
Subject:Divestment #nodapl
I am requesting to speak before the Santa Monica City Council in support of divesting from large banks and
switching to credit unions.
- please consider our commitment to a healthy planet
- please consider renewable energy investments
- please consider the future for all people
I'd like to share information about the employees at the pipelines across our Nation and around the world. I'd
like to support the peopl e with Santa Monica City Council in solidarity.
Lydia Ponce
Idle No More So Cal, Director
AIM SoCal, Press & Logistics
Item 13-C
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18 Item 13-C
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1
Vernice Hankins
From:Jacky Kim <contact.jacky@gmail.com>
Sent:Monday, February 13, 2017 12:52 PM
To:Clerk Mailbox
Subject:Divest from Wells Fargo
Dear Santa Moni ca City Council,
I write to you today to respectfully ask that you vote tomorrow to divest your funds from Wells Fargo. Not only
has Wells Fargo been caught practicing fraudulent ba nking activities numerous of times after having been
bailed out by the government bailout, it has also been found that they're on e of the primary backers of Energy
Transfer Partners and its key proj ect, the Dakota Access Pipeline. Not only is this project going to be
endangering our environment and polluti ng the entire Missouri River for the sake of 15~ permanent jobs, it is
blatantly practicing environmental racism at its best - the Standing Rock Sioux will be directly affected by it
first, and soon to follow, anybody that drinks water out of the Missouri River basin. Please stand in solidarity
with mankind and divest from Wells Fargo. I thank you for taking the time to read this and your careful
consideration.
Mni Wiconi,
--
--
Jacky Kim
contact.jacky@gmail.com
c. 310-968-1054
Item 13-C
02/14/17
19 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 10:14 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Thank you for your attention .....
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: kristen makita [mailto:kkmakita@hotmail.com]
Sent: Monday, February 13, 2017 9:47 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Thank you for your attention .....
Please be on the side of the people of North Dakota
I hope we all know they are right in protecting land, water,
their lives and every living thing on this planet .. ultimately .
This is their message ! We must listen !
Thankfully Yours
Kristen Makita
Item 13-C
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20 Item 13-C
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1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 10:14 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Divest from Wells Fargo
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Jennifer Hoang [mailto:jennhoang@gmail.com]
Sent: Monday, February 13, 2017 9:05 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Divest from Wells Fargo
Dear Council Members,
I'm writing in support of the motion by Council Members O'Day and Vazquez to consid er divesting all City
funds from Wells Fargo. Wells Fargo's recent unlawful conduct (including unlawful and shameful mortgage and
credit card scandals) shows an in stitutional willin gness to harm ordinary Amer icans. In addition, Wells
Fargo's financing of the Dakota Acce ss Pipeline stands in stark contrast to the City's leadership
in environmental protection and respect for all people. I strongly urge you to uphold our City's values and vote
in favor of this motion.
Respectfully,
Jennifer Hoang
933 20th St. #A
Santa Monica, CA 90403
Item 13-C
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21 Item 13-C
02/14/17
1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 10:15 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Divest from Wells Fargo
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Brian Krechman [mailto:krechman@gmail.com]
Sent: Monday, February 13, 2017 9:02 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Divest from Wells Fargo
Dear Council Members,
I'm writing in support of the motion by Council Members O'Day and Vazquez to consid er divesting all City
funds from Wells Fargo. Wells Fargo's recent conduct, including disgraceful mortgage and credit card
scandals, evinces an institutional disdain for ordinary Americans. In addition, Wells Fargo's role in financing
the Dakota Access Pipeline is a shameful indication that it opposes the e nvironmental stewardship and respect
for all people that our City proudly espouses. I strongly urge you to uphold our City's values and vote in favor
of this motion.
Respectfully,
Brian Krechman
933 20th St. #A
Santa Monica, CA 90403
Item 13-C
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22 Item 13-C
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1
Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 10:17 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Gigi Decavalles; Elaine Polachek
Subject:FW: please consider divesting from Wells Fargo
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Jana Branch [mailto:jana0branch@gmail.com]
Sent: Monday, February 13, 2017 8:53 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: please consider divesting from Wells Fargo
Hello,
I am a former resident of Santa Monica and still visit frequently to do business and enjoy all it has to offer. I
have always valued Santa Monica's emphasis on wellness for people and the environment. In alignment with
those values, I urge you to take step s to divest from Wells Fargo, whose services are enabling construction of
the Dakota Access Pipeline, enda ngering the wellbeing of the Standing Rock Sioux Tribe.
The administration has proven that it has no respect for the sovereign rights of th e Standing Rock Sioux Tribe's
sacred lands or the environmental da ngers inherent in pipelines. Divestin g from a financial supporter of DAPL
will send a message of solidarity to Water Protectors and also send a message that Santa Monica refuses to be
complicit in corporate and governmental bullying.
Thank you for your consideration. Today's and future gene rations of the Standing Rock Sioux Tribe need all our
support now.
Very sincerely,
Jana Branch
25019 Peachland Ave
Newhall, CA 91321
formerly of
1823 9th St.
Santa Monica, CA 90404
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Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 10:17 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Gigi Decavalles; Elaine Polachek
Subject:FW: #no DAPL
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: CAROLINE KARIMI [mailto:karimi_caroline_math@student.smc.edu]
Sent: Monday, February 13, 2017 7:56 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: #no DAPL
Santa Monica College says #noDAPL. I am a stude nt at the college and want to state this.
-Caroline
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Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 10:18 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:Gigi Decavalles; Elaine Polachek; councilmtgitems
Subject:FW: Please divest from Wells-Fargo
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Erin Behan [mailto:erin.behan@gmail.com]
Sent: Monday, February 13, 2017 7:49 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Please divest from Wells ‐Fargo
Hi,
I live and work (from home) in Santa Monica and I am glad you are considering di vesting from Wells Fargo
due to their involvement in the Dakot a Access Pipeline. I would encourage you to take the first step to figuring
out what that would look like for the city. Like many, I've been disc ouraged by the Trump administration's
many national moves that I have little say in, and I think it's important to act locally to make our voices hear
where we can.
Thank you,
Erin Behan
2343 Pier Ave
Santa Monica
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Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 10:19 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Gigi Decavalles; Elaine Polachek
Subject:FW: Divest From Wells Fargo
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: SuzanneCas@aol.com [mailto:SuzanneCas@aol.com]
Sent: Monday, February 13, 2017 4:59 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Divest From Wells Fargo
Dear Santa Monica City Council,
I understand that tomorrow evening you will discuss a motion to in vestigate the City's investments and consider divesting
all City funds from Wells Fargo, due to their business practices and their involvement in financing the Dakota Access
Pipeline and the private prison system.
Due to health reasons, I will be unable to attend the meeti ng. I'd like to thank you for putting the topic on your agenda
and for following in the footsteps of Seattle and Davis, CA. During this frightening time in our government's history, I urge
you to stand up against evil and do the right thing.
I know I can count you to pave the way to justice. After all, we are Californi ans and we are #proudlyoutofcontrol.
Thank you!
Suzanne Casamento
1445 Stanford St. Apt B
Santa Monica, CA 90404
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Vernice Hankins
From:Council Mailbox
Sent:Monday, February 13, 2017 10:20 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Gigi Decavalles; Elaine Polachek
Subject:FW: Please remove Wells Fargo Bank from Santa Monica
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Lindsay Arends [mailto:larends130@gmail.com]
Sent: Monday, February 13, 2017 4:24 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Please remove Wells Fargo Bank from Santa Monica
Dear Santa Moni ca City Council,
I am a current student at Santa Monica College, and I adamantly oppose the bui lding of the North Dakota
pipeline. I am very unhappy with Wells Fargo Bank funding the pipeline, and I believe all of the bank stations
should be removed from Santa Monica. Additionally, I used to have a student account at Wells Fargo Bank, but
due to unethical business practices (and frequent unexplained, nonrefundabl e charges appearing on my account)
I have switched to Bank of Ameri ca. I highly recommend that you divest in Wells Fargo Bank, and continue
Santa Monica's mission to be a green and environmentally friendly city.
Yours truly,
Lindsay Arends
SAG*AFTRA
310.270.6732
LArends130@gmail.com
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Vernice Hankins
From:G. Henry Schmitt <g.henry.schmitt@gmail.com>
Sent:Monday, February 13, 2017 10:30 PM
To:Clerk Mailbox
Subject:Divestment from Wells Fargo
Hello,
I am a resident of Santa Monica and w ould like this city to divest its f unds from Wells Fargo. Please vote in
favor of divestment in the city council meeting Tuesday afternoon.
Thank you,
George Schmitt
2535 Kansas Ave, Apt 103
Santa Monica, 90404
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Vernice Hankins
From:G. Henry Schmitt <g.henry.schmitt@gmail.com>
Sent:Monday, February 13, 2017 10:30 PM
To:Clerk Mailbox
Subject:Divestment from Wells Fargo
Follow Up Flag:Follow up
Flag Status:Completed
Hello,
I am a resident of Santa Monica and w ould like this city to divest its f unds from Wells Fargo. Please vote in
favor of divestment in the city council meeting Tuesday afternoon.
Thank you,
George Schmitt
2535 Kansas Ave, Apt 103
Santa Monica, 90404
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Vernice Hankins
From:Heather Kryczka <heather0544@gmail.com>
Sent:Tuesday, February 14, 2017 8:19 AM
To:Council Mailbox; councilmtgitems
Subject:Defund DAPL
Dear Santa Monica City Council:
I am writing today to support you in di vesting the city from Wells Fargo and other banks that are funding the
Dakota Access Pipeline.
I moved to Santa Monica in September and after living and working here for five months, I feel incredibly
moved by the sense of community and respect for diverse voices, and dignity for human rights, displayed by the
leaders of the city & the people w ho live here. Whether it's providing solu tions for the homeless, defeating
measure LV, or taking environmental in itiatives, Santa Monica is leading the country in its inclusiv e policies.
With the Dakota Access Pipeline (DAPL), Santa M onica has the opportunity to again be a leader.
I have been working in the environmental movement si nce graduating college, first as a community organizer,
and I currently work as an environm ental attorney in Santa Monica.
I feel strongly that in the current climate of political a dversity and subversion of democracy, there is a
heightened responsibility for state and local governments to use their authority to govern responsibly. In
California, we are particularly suit ed to provide model policies that can guide the country. This is our
responsibility over the next four years.
For the indigenous communities affected by the pipeline project, the political process has failed them. They
were not consulted with about the siting of the pipe line; and just recently the Army Corps withdrew its
environmental review. The executive branch, and the st ate government, does not demonstrate accountability to
these people, despite thei r continuous fierce and remarkable resistance.
People and institutions around the country are waking up to the fact that the government does not act
accountable to the people at Standing Rock. And people and institutions ar e realizing that participation in
business as usual helps to prop up the exploitation of this community. The fact that the pipeline could have been
delayed this long, incurring huge costs to the developers, but that the pipeli ne can still be financially viable,
shows that in this case, the car ds are stacked against people.
It is the enormous resources invested in this fossil fuel infrastructure th at allows the company to sustain the
project despite overwhelming public rejection. By divesting from this system , we have the opportunity to make
a statement about the nature of our democracy -- that we believe in a system wh ere accountability to people
trumps corporate greed.
Thank you to the city council for cons idering this issue and particularly thank you to council members O'Day
and Vazquez for rais ing this issue.
Heather Kryczka
1543 10th St
Apt 7
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Santa Monica, CA 90401
Sent in a personal capacity
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Vernice Hankins
From:Council Mailbox
Sent:Tuesday, February 14, 2017 8:35 AM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: City Investments
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
‐‐‐‐‐Original Message ‐‐‐‐‐
From: Caitlin Lowerre [mailto:caitlinlowerre@yahoo.com]
Sent: Tuesday, February 14, 2017 2:10 AM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: City Investments
Dear Santa Monica City Council,
I understand that tomorrow evening you will discuss a motion to investigate th e City's investments and (hopefully)
consider dive sting all City funds from Wells Fargo, due to their business practices and their involvement in financing the
Dakota Access Pipeline and the private prison system.
Due to previous travel plans, I will be unable to attend the meeting. I'd like to thank you for putting th e topic on your
agenda and for following in th e footsteps of Seattle and Davis, CA. During this frightening time in our government's
history, I urge you to stand up against evil and do the right thing.
Thank you!
Caitlin Lowerre
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Vernice Hankins
From:Mike Feinstein <mfein stein@feinstein.org>
Sent:Tuesday, February 14, 2017 8:39 AM
To:councilmtgitems
Subject:Column: Standing Rock, Trump and Santa Monica values
My column in the Santa Monica Daily Press about tonight's Santa Monica City Council agenda item to divest from Wells
Fargo based upon its support for the Dakota Access Pipeline (DAPL)
http://smdp.com/standing ‐rock ‐trump ‐and ‐santa ‐monica ‐values/159779
Standing Rock, Trump and Santa Monica values Inside/Outside, February 14, 2017
It was time to come home . I was in line waiting to check my bags and board my plane back from South America. Having
been away for a while, I had that feeling when you are suddenly around a large number of Americans and start slipping
back into speaking English and talking about ‘ba ck home’.
Standin g next to me was a guy from Indiana, originally from North Dakota. We struck up a conversation and I shared my
own family’s North Dakota roots. My great ‐grandfather Adolph Feinstein — a Jewish immigrant from Odessa, Russia —
had travelled from New York City to North Dakota in a wagon train in the 1880s, toget h er with a band of Mennonites. A
few years later, he opened the first general store in North Dakota; and when the village of Zeeland formally organized in
1905, was elected to its first Town Board.
Why stand with Standing Rock?
Soon my min d drifted to modern day North Dakota. Only sixty miles as the crow flies from Zeeland is the Standing Rock
Sioux Reservation. There, a historic gathering of indigenous peoples and supporters has come together to oppose the
Dakota Access Pipeline (DAPL) – a pipeline proposed to be built under the Missouri River, which borders the Stan ding
Rock Sioux Reservation, and u nder Lake Oahe, which is the Standing Rock Sioux’s primary source of water.
Early in 2016, DAPL was rerouted near Standing Rock with little public notice or meaningful environmental review, after
an earlier proposed route near Bismarck (the state capital) was ju dged too risky for local wa ter supplies – but apparently
not too risky for the water supply of the indigenous Sioux; nor for the tribe’s sacred lands, which are to be protected
under an 1851 U.S. treaty.
In response, the U.S. Environmental Protection Agency, U.S. Department of Interior, and the Advisory Council on Histor ic
Preservation all requested a full Environmental Impact Statement (EIS) of the pipeline — but were ignored by the U.S.
Army Corps of Engineers, which has jurisdiction over the project. The Standing Rock Sioux Tribe has since filed a lawsuit
challenging the environmental review process itself, claimi ng trib al members were never meaningfully consulted before
construction began, and that local impacts and sufficient alternatives were not considered. That lawsuit is pending.
During this same period, non ‐violent resistance to DAPL began to grow. On April 1, 2016, LaDonna Brave Bull Allard, an
Standing Rock Sioux tribal elder, and he r grandchildr en established the Sacred Stone Camp to oppose the DAPL. Other
camps formed, including the largest, the Oceti Sakowin (Seven Council Fires) Camp. They have since been joined by
dozens, then hundreds, then thousands of people who have become known as ‘water protectors’, seeking to non ‐
violently prevent the pip eline’s constru ction.
But during the fall of 2016 tensions increased, with heated and tense confrontations initiated by the ‘security’ hired by
Energy Transfer Partners (the company behind DAPL) — and by taxpayer ‐funded soldiers and police in riot gear. Pepper
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spray, attack dogs and water hoses have been unleashed on the water protectors — recalling some of the worst
moments of U.S. civil rights struggles in the South in the 1960s — and in North Dakota the water hoses have been used
in sub ‐freezing weather, putting people into hypothermia.
After these horrors, then President Ob ama worked behin d the scenes and the Corps reversed course and declined to
grant an easement to drill underneath the river and lake. Instead, the Corps committed to the full EIS that should have
occurred in the first place. But then the Trump Administration signed an executive order to disregard the EIS and grant
the easement. At this poi n t its not clear how legal challenges to DAPL will fare; and there is justifiable apprehension
about imminent and massive police force to clear the tribes and their supporters off the land.
I was thinking about all of this as I was waiting in li ne to che ck my bags. Would Standing Rock be the site of first
government ‐sponsored widespread violence against non ‐violent Americans during the Trump administration? I
expressed this concern to the guy from Indiana — and how the sight of non ‐violent indigenous peoples being violently
removed fro m their historic lands could be a hideous modern day ‘Bull Connor’ moment broadcast to the nation.
(Connor was the white ‐supremacist Commissioner of Public Safety in Birmingham, Alabama who directed the use of fire
hoses and police attack dogs against civil rights activists in the 1960s; these tactics were covered by th e na tional media,
horrifying the nation and ultimately helping lead to the Civil Rights Act of 1965.)
His reply shocked me. “It’s OK if there has to be violence. This is economic development. Under Trump, it’s not going to
take years to get projects approved like under Obama. Tru m p is going to get things done. That’s one of the reasons ‘we’
won the election.” He then went off on a rift about liberals, schools and political correctness, about the Environmental
Protection Agency and too much regulation of business, the evils of Obama Care, etc. At that point my brai n shut down .
After weeks of gentle naturaleza in South American deserts, mountains, rivers and beaches, I just wasn’t ready for that
kind of culture shock.
It was a harsh welcome back to America in the era of Trump.
Divesting from destruction
Does economic development really have to depend up on oppressi ng indigenous peoples and exploiting scarce natural
resources for short ‐term economic gain, all while polluting the environment and contributing to long term climate
change?
Santa Monica has long thought otherwise, and has a history of pursuing environmentally ‐sustainable and socially ‐just
practices. Tonight a City Council agenda item spons ored by Coun cilmembers Terry O’Day and Tony Vazquez seeks to
“consider divesting all City funds from Wells Fargo, due to their business practices and their involvement in financing the
Dakota Access Pipeline.”
Our City’s Investment Policy states that “Investments are to be made in entities that support clean and healthy
environment, incl udin g following safe and environmentally sound practices” and that “no investments will be made in
fossil fuel companies as defined by the organization 350.org”.
It is true that Wells Fargo is not a fossil fuel company itself. But too often the investment policies of big banks undermine
public policy goals. If the C o uncil gives staff direction to divest from Wells Fargo – the cities of Seattle, WA and Davis, CA
have just passed similar resolutions – the Council will be enhancing what we mean by ‘no investing in the fossil fuel
industry’, such that banks will have to revise their own investme nt poli cies to be more in line with our own, if they want
our money.
What about ‘flyover America’?
Here in Santa Monica, we are used to such cutting edge, transformative public policy. But in my discussion with the guy
from Indiana, it was clear that he and I were com ing from funda mentally different perspectives. So I tried to find
common ground. “With DAPL”, I said, “the local community (in this case the Standing Rock Sioux) was ignored in the
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environmental review process. How would you feel if you and your neighbors were ignored on a major development
directly affecting your community?”
He didn’t want to hear any of it. Now the new President that he and others helped elect is going to eliminate valuable
environmental protections, de ‐regulate dangerous industries, and take the pu bl ic out of the planning process — all in
the name of economic development.
Trump has cynically exploited economic hardship to deregulate the economy and scapegoat immigrants and racial
minorities. But such hardships actually have their roots in more complicated long term macro ‐economic trends and
practices, including autom a tion, globalization, excessive military spending and the concentration of wealth and power in
the 1%. Trump and his cabinet of billionaires are unlikely to address these issues, and at some point, people will again be
looking for alternatives.
That’s where Santa Monica comes in. Municipalities can spur change from the b ottom up . Santa Monica is also a prime
example that a city can value social justice and the environment — and also have a thriving local economy, a healthy city
budget and provide a high and diverse level of municipal services. Tonight’s proposal to further align our investment
practices with our progres sive values is more good public policy – you can bank on it.
Mic hael Feinstein is a former Santa Monica Mayor (2000 ‐2002) and City Councilmember (1996 ‐2004)
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Vernice Hankins
From:Christian Geo <cgeo3297@gmail.com>
Sent:Tuesday, February 14, 2017 9:51 AM
To:Clerk Mailbox
Subject:Divest from Wells Fargo
Dear Council,
I am writing to call on you to vote to di vest funds away from Wells Fargo, due to their support of the DAPL. It
is destructive to our nation and our people.
Thank you,
Christian
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From:swat wetrwg <almabeck@yahoo.com>
Sent:Tuesday, February 14, 2017 10:03 AM
To:Clerk Mailbox
Subject:Divestment of City Funds from Wells Fargo
Dear council members of the City of Santa Monica,
My name is Alma and I'm a concerned citizen living in NYC.
I would like to voice my support in the divestment of Santa Monica's funds from Wells Fargo. Such stance on the DAPL will be fo rever honored when we look back on this testing
period in American history and count those who stood for what's right.
Please vote to Divest!
Alma Beck, 11222
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From:Jesus.M.Tirado@wellsfargo.com
Sent:Tuesday, February 14, 2017 12:26 PM
To:Council Mailbox
Cc:Clerk Mailbox; Alfredo.Pedroza@wellsfargo.com
Subject:City Council Meeting: February 14, 2017 - 5:30 PM
Attachments:santa_monica_one_pager.docx 2.14.17.docx; Wells Fargo One Pager 1-25FINAL.pdf
Importance:High
Dear Santa Monica City Council,
Wells Fargo is scheduled to be discussed on today’s agenda . Attached are materials we hope will provide answers and
clarity to your discussions regarding Wells Fargo along with links to other resources.
o Wells Fargo Corporate Social Responsibility (https://www.wellsfargo.com/about/corporate ‐responsibility/)
o Wells Fargo Statement on Human Rights (https://www.wellsfargo.com/about/corporate/human ‐rights ‐statement/)
o The Environment on Wells Fargo Stories (https://stories.wf.com/category/environment/)
o Dakota Access Pipeline Facts (https://daplpipelinefacts.com/)
Please feel free to contact me or my associates if you should have any questions.
Thank you.
Jess Tirado
Senior Vice President
Director
Local Government Relations
Government and Community Relations
Wells Fargo Government and Community Relations | 333 South Grand Avenue, Suite 1100, 11 th Floor | Los Angeles, CA
90071 | MAC: E2064 ‐115 | Office: 213.253.3445 | E ‐Fax: 866.494.6744 | Cell: 909.991.4456
jess.tirado@wellsfargo.com
www.wellsfargo.com
Alfredo Pedroza
Senior Vice President
Director ‐ West Region
Local Government Relations
Government and Community Relations
Wells Fargo Government and Community Relations | 333 Market Street, 25th Floor | San Francisco, CA 94105 | MAC:
A0119 ‐258 | Office: 415.537.8238 | E ‐Fax: 866.494.3787 | Cell: 415.418.4509
alfredo.pedroza@wellsfargo.com
www.wellsfargo.com
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please consider the environment before printing this e ‐mail.
This message may contain confidential and/or privileged information. If you are not the addressee or authorized to
receive this for the addressee, you must not use, copy, disclose, or take any action based on this message or any
information herein. If you have received this message in error, plea se advise the sender immediately by reply email and
delete this message. Thank you for your cooperation.
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Wells Fargo: Investing in Santa Monica
Region headquarters:
Los Angeles
Region leadership:
David DiCristofaro , Region President
Steve Mann , Wells Fargo Private Bank
Tom Swanson , Wells Fargo Home
Mortgage
Joel F. McIntyre , Business Banking
Manager
Douglas Martins , Commercial
Banking
Community Banking branches : 5
ATMs : 15
Team members : 513
History in California
In 1852, Henry Wells and William
Fargo founded Wells, Fargo & Co. in the
Gold Rush port of San Francisco to
serve the West. The new company
offered banking and express services.
The bank was soon doing business
across the state of California.
In the boom and bust economy of the
1850s, Wells Fargo earned a reputati on
of trust by dealing rapidly and
responsibly with people’s money.
Wells Fargo is serving its Santa Monica customers and communities through:
Philanthropic investing
Over the past five years, Wells Fargo donated $836 ,000 to 40 nonprofit
organizations including Heal the Bay, Meals on Wheels West, and Ocean Park
Community Center.
In 2015 alone, Wells Fargo’s giving included:
• $150,500 for human services efforts
• $58,886 for environmental projects
• $50,5 00 for post-secondary and preK-12 education
• $26,700 for arts and culture projects, including museums, art councils and
performing arts
• $26,500 for community development projects
• $25,000 for workforce development and adult literacy needs
• $11,5 00 for civic causes
Team member volunteers
• 1,968 volunteer hours contributed by team members
• 272 team members donated to nonprofits of their choice
Loans and investments
• $184.2 million in home equity loans
• $143.8 million in home purchase lending
• $137.9 million i n refinance loans, including $727,000 for low -and
moderate -income families and individuals
• $33.7 million in small business loans extended to 884 small businesses
• $6.46 million in credit extended for 325 auto loans
• $5.61 million in community development lending for affordable housing
We’re strong for our customers and communities nationwide
• No. 4 Top Company for LGBT (2016) DiversityInc
• 7 th Most Respected Company in the World (2015) Barron’s
• 8 th Best Company for Latinas (2015) LATINA Style
• 25 th Most Admired Company in the World (2016) Fortune
• Perfect Score – 100, Corporate Equality Index (2016) Human Rights
Campaign
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Wells Fargo: Committed to Rebuilding Trust
“W e’re making things right with our customers, fixing
problems in our culture and operations, and building a
better bank for the future .”
-- Tim Sloan, CEO Wells Fargo
At Wells Fargo, we are a values -driven company committed to our
customers and our communities. For more than 160 years, Wells
Fargo has remained a strong American financial institution that has
more than 260,000 team members. In September 20 16, we
voluntarily entered into consent orders with regulators to correct
the opening of unauthorized accounts related to sales practices. We
are working to make things right by changing the way we operate,
and by taking decisive actions to restore trust w ith our customers,
our team members, and the American public.
Steps we’ve taken to help impacted customers, correct what went
wrong, restore trust, and build a better and stronger Wells Fargo:
Appointed a new leader to oversee the community banking
business
Eliminated all product sales goals for retail bankers in branches
and call centers
Removed the cross -sell metric as a measure of success
Contacted impacted deposit account and credit card customers
to ensure they still want and need their products
Started sending notifications to customers after opening a
checking or savings account, and sending an acknowledgement
letter for each new credit card application
Established a 24/7 hotline to address customer concerns
Created a new performance program for retail bank team
members where compensation is based on customer experience
In 2017, our company will continue to make things right by:
Expanding reviews and remediation back to 2009, and forward
through Sept. 30, 2016 — beyond the time period required by
the Office of the Comptroller of the Currency (OCC) and the
Consumer Finan cial Protection Bureau (CFPB)
Examining impact analysis and additional data to determine the
best way to make things right with our customers whose credit
scores, and subsequent loans and other credit activity, may have
been affected
Offering continued mediation services at no charge to our
customers who believe their situati ons involving potentially
unauthorized accounts were not adequately resolved
PROGRESS REPORT
Completed reviews of 82.6 million
deposit and 11.6 million credit
card and line of credit accounts,
or 94.2 million accounts in total
________
C ommunicated with more than 40
million customers
________
Reached 40,000 customers
through our customer calling
program to ensure status of
inactive credit cards
________
Refunded $3.26 million to
130,000 accounts which had
activity that could not be
determined whether it was linked
to improper sales practices
Progress as of 1/25/17
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Wells Fargo: Committed to Rebuilding Trust
Next Steps
Our company is working under the CFPB and OCC’s supervision to reimburse our customers. We also retained an
independent consultant to conduct a thorough review of the banks sales practices.
Once Wells Fargo receives the independent consultant’s report, we will work with regulators to develop a plan
address ing any outstanding sales practices issues and implementing the consultant’s recommendations. Efforts
will focus on:
Continuing to refund any fees related to unauthorized accounts
Closing any unauthorized accounts, and working with credit bureaus to correct the reporting of credit
accounts
Contacting customers who obtained credit products with Wells Fargo or another lender while an
unauthori zed credit inquiry or credit account may have impacted their credit score. The bank’s intent is to
err on the side of customers and compensate them for impacts on their other credit products
Preventing Future Problems
Wells Fargo is developing a risk mana gement and oversight program designed to detect and prev ent sales
integrity issues. We agreed with regulators that this program will require:
Escalation of sales practices information to senior management and the Board
Collection of risk indicator metric s
Assessments of the risks associated with team member incentive programs
Reviews of customer and team member complaints
Assessment and remediation of customer harm after team
member terminations
Enhancing team member training
Procedures for identifying sales integrity issues, reporting
them, and making sure they are subject to an independent
internal review
Strengthening our corporate values statement
Our company is enhancing its enterprise -wide complaints management policy and line of business procedures to
improve our ability to manage, track, and respond to complaints.
We’re also updating our Interna l Audit function to ensure we have an enterprise -wide view of sales practices,
complaints, and corporate investigations.
Wells Fargo is fully committed to making things right. From new leaders with fresh perspective s to better ways to
care for customers and team members, action is being taken to build a stronger Wells Fargo.
In September 2016, Wells Fargo voluntarily entered into consent orders with the Consumer Financial Protection
Bureau (CFPB) and Office of Comptroller of the Currency (OCC) related to the opening of unauthorized accounts.
The consent orders established a f ramework for Wells Fargo to work with regulators to make things right. Below
are requirements of the consent order and steps Wells Fargo is taking to build a better bank.
WE WANT TO HEAR FROM YOU
As an important stakeholder, your feedback is
valuable. Share questions and ideas at:
Hotline : 1 -877 -924 -8697
Or visit: www.wellsfargo.com/commitment
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Petitioning Santa Monica City Council
Support divesting Santa Monica City funds from
Wells Fargo
Started by Jenna Perelman and Flavia Cahn. Santa Monica, CA
Photo: Supporters of the Standing Rock Sioux march in Seattle on Sept. 16. (John Duffy / Flickr)
On Tuesday, February 14, Santa Monica City Council will vote on a motion to
consider divesting City funds from Wells Fargo for "their business practices and
involvement in financing the Dakota Access Pipeline." Like Seattle and Davis
before us, Santa Monica has an opportunity to lead in sustainable investment by
removing its financial attachments to this dangerous and immoral pipeline.
Please show your support by signing onto the following letter with your petition
signature. We will submit this petition as a public comment to City Council before
the ir meeting tomorrow. Share widely with Santa Monica residents!
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Letter to City Council:
Dear Council Members,
We are writing today in support of Council Members O’Day and
Vazquez’s motion to consider pulling city funds from Wells Fargo
because of its lending practices and investment in the Dakota Access
Pipeline. This project violates the sacred land and treaty rights of the
Standing Rock Sioux Tribe, and endangers the water supply and
health for the Sioux and for countless others downstream.
Santa Monica has long been a leader in sustainability. To be a
true leader in this field, we must embrace sustainability in all aspects
of our community, including our investments . Let us take example
from Seattle and Davis: divesting from banks involved with the
Dakota Access Pipeline will show a strong commitment to protecting
the environment, and stand as an important statement in support of
the rights of indigenous peoples.
W e hope that divestment from Wells Fargo would be the first
step in Santa Monica’s divestment of the 17 banks involved in the
Dakota Access Pipeline. We strongly support moving City money to a
local credit union or community bank.
The City of Santa Monica s hould conduct its business with banks
whose values align with our own and whose practices prioritize
people and planet over profit. We urge you to vote in favor of
investigating divestment from Wells Fargo.
Sincerely,
XXXX
For more information, see the following links:
http://santamonicacityca.iqm2.com/Citizens/Detail_Meeting.aspx?ID=1087
http://www.surfsantamonica.com/ssm_site/the_lookout/news/News-
2017/February-
2017/02_09_2017_Santa_Monica_City_Council_to_Consider_Divesting_from_W
ells_Fargo_Bank.html
If you wish to make your own public comment in support of divestment, send an
email to clerk@smgov.net before 4:30pm on Tuesday. Please highlight your
connection to the city (student, resident, employee in the city etc.).
Link to petition: https://www.change.org/p/to-santa-monica-city-council-support-
divesting-santa-monica-city-funds -from-wells -fargo
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Signatures
Name Location Date
Jenna Perelman Santa Monica, CA, United States 2017-02-13
Ariel Pourmorady Santa Monica, CA, United States 2017-02-13
Orna Walters Santa Monica, CA, United States 2017-02-13
Fern Decena Santa Monica, CA, United States 2017-02-13
Clea DeCrane Santa Monica, CA, United States 2017-02-13
Anna Vastano Santa Monica, CA, United States 2017-02-13
Erin Tenney Granada Hills, CA, United States 2017-02-13
Miles Abbott Santa Monica, CA, United States 2017-02-13
Karin Pally Santa Monica, CA, United States 2017-02-13
Annie Reiniger Santa Monica, CA, United States 2017-02-13
Alice Pavlisko Los Angeles, CA, United States 2017-02-13
Annette Henrique Valencia, CA, United States 2017-02-13
Matthew Walters Santa Monica, CA, United States 2017-02-13
Jenny La Van Santa Monica, CA, United States 2017-02-13
Anya Pertel Santa Monica, CA, United States 2017-02-13
Flavia Cahn Santa Monica, CA, United States 2017-02-13
Ashley Woods Signal Hill, CA, United States 2017-02-13
Karen Pomer Los Angeles, CA, United States 2017-02-13
Chelsea Ho El Monte, CA, United States 2017-02-13
Shawn Graves North Hollywood, CA, United States 2017-02-13
Morgan Weber Hawthorne, CA, United States 2017-02-13
Yolanda Tenorio Downey, CA, United States 2017-02-13
Balam Ahau Chamahez Monrovia, CA, United States 2017-02-13
Mylene Carberry Los Angeles, CA, United States 2017-02-13
Nick Caton Riverside, CA, United States 2017-02-13
Ray Baker Glendale, CA, United States 2017-02-13
Kamyar Pourmorady Santa Monica, CA, United States 2017-02-13
jesse cheesman Woodland Hills, CA, United States 2017-02-13
Carlos Padilla Oxnard, CA, United States 2017-02-13
Barbara Glascoe Cabazon, CA, United States 2017-02-13
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Name Location Date
Anna Jones Forest Knolls, CA, United States 2017-02-13
Malinda Holtz Monrovia, CA, United States 2017-02-13
Edith Ramirez Los Angeles, CA, United States 2017-02-13
John Neal Port Hueneme, CA, United States 2017-02-13
Naomi Farkas Colton, CA, United States 2017-02-13
Josh Brennecke Tustin, CA, United States 2017-02-13
Hana Yi Rancho Cucamonga, CA, United States 2017-02-13
Wendy Tomlinson West Covina, CA, United States 2017-02-13
Hollandia Mass Tujunga, CA, United States 2017-02-13
Hunter Conrad Santa Monica, CA, United States 2017-02-13
Alexis Kharel Los Angeles, CA, United States 2017-02-13
D. McPhall Santa Monica, CA, United States 2017-02-13
Cathrine Ji Irvine, CA, United States 2017-02-13
Dylan DeMascio Rowland Heights, CA, United States 2017-02-13
Bobbie Haynes Riverside, CA, United States 2017-02-13
Charles Poper Jr Laguna Woods, CA, United States 2017-02-13
tesia blonski Petaluma, CA, United States 2017-02-13
Samantha Garcia Montebello, CA, United States 2017-02-13
Jen Baloian Los Angeles, CA, United States 2017-02-13
Mariah Burns Santa Monica, CA, United States 2017-02-13
Lily Bernstein Santa Monica, CA, United States 2017-02-13
audrey georg Santa Monica, CA, United States 2017-02-13
Noelle Wright Santa Monica, CA, United States 2017-02-13
Connor Paolo Los Angeles, CA, United States 2017-02-13
Grant Bacon Wilmington, DE, United States 2017-02-13
Marisa OBrien Los Angeles, CA, United States 2017-02-13
colleen londono SANTA MONICA, CA, United States 2017-02-13
Don Erskine Manchester, MI, United States 2017-02-13
paul blair amesbury, MA, United States 2017-02-13
VaNiesha Honani Ontario, CA, United States 2017-02-13
Anjuli Kronheim Katz Santa Monica, CA, United States 2017-02-13
Emma Robbins Chicago, IL, United States 2017-02-13
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Name Location Date
Pedro Ramirez Santa Monica, CA, United States 2017-02-13
Rosalie Kumagai Santa Monica, CA, United States 2017-02-13
Demitra Vassiliadis New york, NY, United States 2017-02-13
Devin Saragosa-Harris Santa Monica, CA, United States 2017-02-13
Alvina ODierno Hillsboro, OH, United States 2017-02-13
Margaret Kelley Santa Monica, CA, United States 2017-02-13
Chantal Browne Fullerton, CA, United States 2017-02-13
Fernando Rodriguez Torrance, CA, United States 2017-02-13
Jessica Spotts Los Angeles, CA, United States 2017-02-13
Judith Bodie Bloomingdale, IL, United States 2017-02-13
Andrew Montantes San Fernando, CA, United States 2017-02-13
Laura Malchow-Hay Newport Beach, CA, United States 2017-02-13
Sue Gorenflo Lancaster, NY, United States 2017-02-13
Veronica Wilson Los Angeles, CA, United States 2017-02-13
Andrea Bridgewater Bakersfield, CA, United States 2017-02-13
Mark Statham Netherlands 2017-02-13
NICOLE JONES Anaheim, CA, United States 2017-02-13
Liz Ambriz Wilmington, CA, United States 2017-02-13
Lydia Ponce Venice, CA, United States 2017-02-13
Monique Johnson Los Angeles, CA, United States 2017-02-13
Melanie More San Pedro, CA, United States 2017-02-13
steven wilson Santa Monica, CA, United States 2017-02-13
Chelsea Davenport Lawndale, CA, United States 2017-02-13
Yi Xing Chen San Francisco, CA, United States 2017-02-13
Kimberly Bryan Montclair, CA, United States 2017-02-13
sydni satterlund phoenix, AZ, United States 2017-02-13
Alejandra Marroquin-Flores Los Angeles, CA, United States 2017-02-13
Mary Carraway Santa Monica, CA, United States 2017-02-13
Danielle Berg Long Beach, CA, United States 2017-02-13
Amado Hernandez Highland, CA, United States 2017-02-13
rebecca chisholm Santa Monica, CA, United States 2017-02-13
The Rev. Molly Haws Martinez, CA, United States 2017-02-13
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Name Location Date
Molly Fink Bakersfield, CA, United States 2017-02-13
Francisco Munoz Los Angeles, CA, United States 2017-02-13
casey marie smith mar vista, CA, United States 2017-02-13
Alejandra Mendoza Rialto, CA, United States 2017-02-13
Amy Smith Los Angeles, CA, United States 2017-02-13
Marilen Abbago Santa Monica, CA, United States 2017-02-13
elizabeth foote san frsncisco, CA, United States 2017-02-13
Amorette Muzingo Santa Monica, CA, United States 2017-02-13
Debi Jones Long Beach, CA, United States 2017-02-13
Jacky Kim Los Angeles, CA, United States 2017-02-13
Roxanne S.Los Angeles, CA, United States 2017-02-13
Carina Ramirez Santa Monica, CA, United States 2017-02-13
Aliza Abarbanel Santa Monica, CA, United States 2017-02-13
Chloe Abarbanel Santa Monica, CA, United States 2017-02-13
Cécile Voilà Vincennes, France 2017-02-13
Naomi Altbach Culver City, CA, United States 2017-02-13
Danny Vivian Garden Grove, CA, United States 2017-02-13
Theresa Ortega San Diego, CA, United States 2017-02-13
Stef M Beverly Hills, CA, United States 2017-02-13
Annie Chow Los Angeles, CA, United States 2017-02-13
Mitch Rice Los Angeles, CA, United States 2017-02-13
Serina Madrigal Chino Hills, CA, United States 2017-02-13
Arturo Nunez Los Angeles, CA, United States 2017-02-13
Daniela Martinez Oceanside, CA, United States 2017-02-13
Aziz Alserhan Carson, CA, United States 2017-02-13
Denise Haughn Blackstone, MA, United States 2017-02-13
Kathleen West Santa Monica, CA, United States 2017-02-13
Alfred Carrillo Victorville, CA, United States 2017-02-13
Samantha LaDue Santa Monica, CA, United States 2017-02-13
Jessica Chappe Santa Monica, CA, United States 2017-02-13
Akira Brathwaite Santa Monica, CA, United States 2017-02-13
Shayda Yazdani Los Angeles, CA, United States 2017-02-13
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Name Location Date
Amancai Biraben Los Angeles, CA, United States 2017-02-13
Sherna Berger Gluck Topanga, CA, United States 2017-02-13
Krystal Chang Santa Monica, CA, United States 2017-02-13
Elizabeth Flores Pasadena, CA, United States 2017-02-13
Rebecca Henretta Los Angeles, CA, United States 2017-02-13
Adrianna Dinolfo Santa Monica, CA, United States 2017-02-13
Hilary Dubin Santa Monica, CA, United States 2017-02-13
sabine Reckendorf Altadena, CA, United States 2017-02-13
Shawn Landres Santa Monica, CA, United States 2017-02-13
Megen Musegades Santa Monica, CA, United States 2017-02-13
Tatiana DeAngelis West Covina, CA, United States 2017-02-13
Pedro Mendez Los Angeles, CA, United States 2017-02-13
Cynthia Lee Santa Monica, CA, United States 2017-02-13
Rosa Hernandez Los Angeles, CA, United States 2017-02-13
Chris Angelli Santa Monica, CA, United States 2017-02-13
Tilly Pedersen New York, NY, United States 2017-02-13
Gerry Haker Santa Monica, CA, United States 2017-02-13
Gloria Beltran Lake Arrowhead, CA, United States 2017-02-13
Ludowika Swoboda Wien, Austria 2017-02-13
Eva Flodstrom Venice, CA, United States 2017-02-13
Sage Vargas Los Angeles, CA, United States 2017-02-13
alexis negele santa monica, CA, United States 2017-02-13
shannon leap Santa Monica, CA, United States 2017-02-13
Stephanie Martinez Whittier, CA, United States 2017-02-13
Lori Scinto Crystal Creek, Australia 2017-02-13
Heidi Dippold Porter Ranch, CA, United States 2017-02-13
Juli Schulz Venice, CA, United States 2017-02-13
Roxann Holloway Los Angeles, CA, United States 2017-02-13
Courtney Jenkins Brooklyn, NY, United States 2017-02-13
Dan Snook Santa Monica, CA, United States 2017-02-13
Christine Suarez Santa Monica, CA, United States 2017-02-13
Chloe Chappe Santa Monica, CA, United States 2017-02-13
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Name Location Date
Natane Boudreau NY, NY, United States 2017-02-13
Laura Wiese San Francisco, CA, United States 2017-02-13
Victoria Couch Santa Monica, CA, United States 2017-02-13
Irene Quiroz Los Angeles, CA, United States 2017-02-13
Nicole Landers Venice, CA, United States 2017-02-13
Kathryn Callaghan Los Angeles, CA, United States 2017-02-13
Lucy Raskin Santa Monica, CA, United States 2017-02-13
Maureen Michaelson Stamford, CT, United States 2017-02-13
Maria Rocha Fontana, CA, United States 2017-02-13
Andrew Capron Santa Monica, CA, United States 2017-02-13
alex harros Santa Monica, CA, United States 2017-02-13
Kyle Shneider Los Angeles, CA, United States 2017-02-13
paula espina Santa Monica, CA, United States 2017-02-13
Hannah Curtis Culver City, CA, United States 2017-02-13
Julie Brackenbury Santa Monica, CA, United States 2017-02-13
Hyang Eun Shoenberger Topanga, CA, United States 2017-02-13
Brenda Cregeen Auburn, WA, United States 2017-02-13
Tami Lester Santa Monica, CA, United States 2017-02-13
Alina Garcia Taormina Santa Monica, CA, United States 2017-02-13
竹馬 スーザン Japan 2017-02-13
Lori Soldanels Kansas City, MO, United States 2017-02-13
Erin Berman Pacific Palisades, CA, United States 2017-02-13
peter kalmbach venice, ca, CA, United States 2017-02-13
Christopher Gaston SAVANNAH, GA, United States 2017-02-13
Lanie Overton Columbia, MO, United States 2017-02-13
Andrew Dickinson Santa Monica, CA, United States 2017-02-13
Marissa Roldan Riverside, CA, United States 2017-02-13
Christy Hembree Richland, WA, United States 2017-02-13
Molly Curren Santa Monica, CA, United States 2017-02-13
Michael Rotcher Mission Viejo, CA, United States 2017-02-14
Julie Alley Santa Monica, CA, United States 2017-02-14
Shuli Lotan Santa Monica, CA, United States 2017-02-14
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Name Location Date
Francis Cardinale Brooklyn, NY, United States 2017-02-14
Lynn Sturgis Santa Monica, CA, United States 2017-02-14
jennifer varenchik van nuys, CA, United States 2017-02-14
Elizabeth Parker Los Angeles, CA, United States 2017-02-14
Cheryl Stedtler Neshanic Station, NJ, United States 2017-02-14
Lexie Cole Santa Monica, CA, United States 2017-02-14
Maureen Sullivan Long Beach, CA, United States 2017-02-14
Christiane Stuk Peck, ID, United States 2017-02-14
rebecca katz pac pal, CA, United States 2017-02-14
Jonathan Warby Henley, ENG, United Kingdom 2017-02-14
Karina Venegas Downey, CA, United States 2017-02-14
janis flax Santa Monica, CA, United States 2017-02-14
George Funmaker Long Beach, CA, United States 2017-02-14
Alicia Cortrite Santa Monica, CA, United States 2017-02-14
Karly Berube Aliso Viejo, CA, United States 2017-02-14
Paul Williams Fort Worth, TX, United States 2017-02-14
Annie Azzariti Santa Monica, CA, United States 2017-02-14
Jessica Sarapoff Ile d'yeu, France 2017-02-14
Angelina Howe Inglewood, CA, United States 2017-02-14
Michael Wauschek Cerritos, CA, United States 2017-02-14
Elana Goldbaum Venice, CA, United States 2017-02-14
Daniel Gonzales Lancaster, CA, United States 2017-02-14
Victoria Gavia Alhambra, CA, United States 2017-02-14
Rachel Holtz Lakewood, CA, United States 2017-02-14
Lisa Burke Escondido, CA, United States 2017-02-14
Sara Monge Los Angeles, CA, United States 2017-02-14
Tina Prande Los Angeles, CA, United States 2017-02-14
Eliah Perona Los Angeles, CA, United States 2017-02-14
Mary Cross Venice, CA, United States 2017-02-14
Rebecca Birstock Santa Monica, CA, United States 2017-02-14
Karen Croner Santa Monica, CA, United States 2017-02-14
Cris Delgado sedona, AZ, United States 2017-02-14
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Name Location Date
Erin Lavery Manhattan Beach, CA, United States 2017-02-14
Nathan Nguyen Los Angeles, CA, United States 2017-02-14
Debora Nagata Santa Monica, CA, United States 2017-02-14
Heather Roth Viola, WI, United States 2017-02-14
William Beinbrink Los Angeles, CA, United States 2017-02-14
Cindy Bendat Santa Monica, CA, CA, United States 2017-02-14
Bina Vasavda Lincolnshire, IL, United States 2017-02-14
Golden Gonzales-Palmer Santa Monica, CA, United States 2017-02-14
Jennifer Buhac West Covina, CA, United States 2017-02-14
Janice Anderson Santa Monica, CA, United States 2017-02-14
Katherine Nguyen Culver City, CA, United States 2017-02-14
Connie Morsher Norwalk, OH, United States 2017-02-14
Florence Foote Santa Monica, CA, United States 2017-02-14
kira clark santa monica, CA, United States 2017-02-14
Elijah Kohanim Los Angeles, CA, United States 2017-02-14
Peter Donald Santa Monica, CA, United States 2017-02-14
Jeni Bliatout Newport Beach, CA, United States 2017-02-14
andy tomsky San Marcos, CA, United States 2017-02-14
Genevieve Ameduri Covina, CA, United States 2017-02-14
neil Trama Venice, CA, United States 2017-02-14
Maryanne LaGuardia Santa Monica, CA, United States 2017-02-14
Lovonia Cross Santa Monica, CA, United States 2017-02-14
nathan gorecki Los Angeles, CA, United States 2017-02-14
Shawn Lozano Bloomington, IN, United States 2017-02-14
Christopher Capron Philadelphia, PA, United States 2017-02-14
Daniellle Luat Fresno, CA, United States 2017-02-14
Reina Esparza Los Angeles, CA, United States 2017-02-14
Katherine Peterson Los Angeles, CA, United States 2017-02-14
Madeline Adams Los Angeles, CA, United States 2017-02-14
Norman Sands Santa Rosa, CA, United States 2017-02-14
Carly Wasserman Los Angeles, CA, United States 2017-02-14
Grace Waring Santa Monica, CA, United States 2017-02-14
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Name Location Date
CRAIG WHITING Seven Valleys, PA, United States 2017-02-14
Paula Cohen Los Angeles, CA, United States 2017-02-14
Karin Costello Santa Monica, CA, United States 2017-02-14
Chase Lowary San Diego, CA, United States 2017-02-14
Suzanne Agdeppa Los Angeles, CA, United States 2017-02-14
Raissa Figueroa Murrieta, CA, United States 2017-02-14
sepideh kashanian beverly hills, CA, United States 2017-02-14
Georga Teige Universal City, TX, United States 2017-02-14
Anna Kitti West Covina, CA, United States 2017-02-14
Kathy Seal Santa Monica, CA, United States 2017-02-14
Nicola Foti Middlesex, NJ, United States 2017-02-14
Victor Zurita Pharr, TX, United States 2017-02-14
Janet Alicea Venice, CA, United States 2017-02-14
Jana Branch Newhall, CA, United States 2017-02-14
Deanna Herndon Moreno Valley, CA, United States 2017-02-14
Alejandro Diaz-Tostado San Jose, CA, United States 2017-02-14
Randy Jacobson Santa Monica, CA, United States 2017-02-14
Rhoda Isaacs Los Angeles, CA, United States 2017-02-14
Sabrina Hughes Newport Beach, CA, United States 2017-02-14
Diana Duran San Bernardino, CA, United States 2017-02-14
Jamie Levy Santa Monica, CA, United States 2017-02-14
Carolina Starin Santa Barbara, CA, United States 2017-02-14
Vicki Addley West Hills, CA, United States 2017-02-14
Adam Royer Los Angeles, CA, United States 2017-02-14
Courtney Wheeler Dallas, TX, United States 2017-02-14
Cary Moy Oak Park, IL, United States 2017-02-14
Jennifer Carslake Santa Monica, CA, United States 2017-02-14
Colleen Choi Topanga, CA, United States 2017-02-14
Miciana Hutcherson Juneau, AK, United States 2017-02-14
Isabelle Lin Los Angeles, CA, United States 2017-02-14
Janet McKeithen Santa Monica, CA, United States 2017-02-14
Mariko Munro North Hollywood, CA, United States 2017-02-14
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Name Location Date
Scott Means Rapid City, SD, United States 2017-02-14
Rachel Barrett Los Angeles, CA, United States 2017-02-14
Eileen Foulkes Leyland, ENG, United Kingdom 2017-02-14
mark glasser LA, CA, United States 2017-02-14
Karen Martz Washington, UT, United States 2017-02-14
Jennifer Gilbert Santa Monica, CA, United States 2017-02-14
Katie Stenberg Los Angeles, CA, United States 2017-02-14
Roxanne Rice Santa Monica, CA, United States 2017-02-14
Farrah Masoumi Los Angeles, CA, United States 2017-02-14
Margaret Molloy Los Angeles, CA, United States 2017-02-14
Nicole Joyce Chatsworth, CA, United States 2017-02-14
Henry Schmitt Santa Monica, CA, United States 2017-02-14
Michael Schulz Germany 2017-02-14
Brieanne DeWind Santa Monica, CA, United States 2017-02-14
Carry Kim LA, CA, United States 2017-02-14
Kristina Olsen Los Angeles, CA, United States 2017-02-14
Robert LeBlanc Los Angeles, CA, United States 2017-02-14
Rocio Larios laguna beach, CA, United States 2017-02-14
Tracy Stewart Los Angeles, CA, United States 2017-02-14
Michael Cahn Santa Monica, CA, United States 2017-02-14
Carlos Valdez Huntington Park, CA, United States 2017-02-14
Heidi Mandel Reseda, CA, United States 2017-02-14
Linden Killam Valley Village, CA, United States 2017-02-14
Rudy Cifuentes Ontario, CA, United States 2017-02-14
stephanie masterman Auburn, WA, United States 2017-02-14
Marina Bouteillier Santa Monica, CA, United States 2017-02-14
Anke Osterburg fairfax, CA, United States 2017-02-14
Kate Beauchene Santa Monica, CA, United States 2017-02-14
Laura Taschereau Encino, CA, United States 2017-02-14
Michèle Sabese Highley, ENG, United Kingdom 2017-02-14
kim waterson Stanton, CA, United States 2017-02-14
Shannon Boler Newport Beach, CA, United States 2017-02-14
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Name Location Date
Haley Miller Orange, CA, United States 2017-02-14
meleina mayhew los angeles, CA, United States 2017-02-14
Amy Holland New York, NY, United States 2017-02-14
Chelsea Peacock Spokane, WA, United States 2017-02-14
Ren Navez Los Angeles, CA, United States 2017-02-14
Jamie Gordon Corona, CA, United States 2017-02-14
Hector Cueva Santa Monica, CA, United States 2017-02-14
Max Bach Berlin, Germany 2017-02-14
Brigitta Küster-Sartori Italy 2017-02-14
Elizabeth Rice Camarillo, CA, United States 2017-02-14
Ryan Coons Madison, AL, United States 2017-02-14
Adam Weber Hood River, OR, United States 2017-02-14
Joan Bennett St Thomas, Virgin Islands, U.S.2017-02-14
Nanette Gregory Trowbridge, ENG, United Kingdom 2017-02-14
Amanda Rogers-Petro Abington, PA, United States 2017-02-14
Ella Tabasky Venice, CA, United States 2017-02-14
Eileen Stephens La Crescenta, CA, United States 2017-02-14
Rosa Debo Woodridge, IL, United States 2017-02-14
Ann Finster Hayward, CA, United States 2017-02-14
Silvia Rodriguez Santa Monica, CA, United States 2017-02-14
Leamond Allen CHGO.., IL, United States 2017-02-14
David Jekel Los Angeles, CA, United States 2017-02-14
lm everhart Holmdel, NJ, United States 2017-02-14
Jill D Los Angeles, CA, United States 2017-02-14
ATLI MEXICA PHOENIX, AZ, United States 2017-02-14
danilo bach Santa Monica, CA, United States 2017-02-14
paula heartland Santa Monica, CA, United States 2017-02-14
Gerhard Engel Los Angeles, CA, United States 2017-02-14
Patcia Melillo Ferndale, WA, United States 2017-02-14
Melinda McDonald Culver City, CA, United States 2017-02-14
Christian Georgescu Los Angeles, CA, United States 2017-02-14
Alma Beck New York, NY, United States 2017-02-14
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Name Location Date
Haz Aldridge San Gabriel, CA, United States 2017-02-14
Vincent Kelley Silver Spring, MD, United States 2017-02-14
Heather Moore Marina del Rey, CA, United States 2017-02-14
Dominic Syracuse Los Angeles, CA, United States 2017-02-14
Cloe Jang Montrose, CA, United States 2017-02-14
amy Adams Floyd, VA, United States 2017-02-14
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Vernice Hankins
From:Jenna Perelman <jennaperelman@gmail.com>
Sent:Tuesday, February 14, 2017 1:14 PM
To:councilmtgitems
Subject:Comment on Item 13C for Feb. 14 Meeting
Attachments:Petition to SM City Council in Support of Divestment from Wells Fargo.pdf
Dear Council Members,
I am heartened by the proposal of Council Members O'Da y and Vazquez to investig ate divesting City funds
from Wells Fargo for its business practices and financ ial involvement with the Dakota Access Pipeline. This
project violates the sacred land and treaty rights of the Standing Rock Sioux Tribe, and endangers the water
supply and health for the Sioux and for countless others downstream.
Santa Monica has long been a leader in sustainabi lity. Countless communities look to us for innovation in
sustainable development and environmental protection. Embracing sustainable investment by placing our funds
with banks that value human and envir onmental health is the next step.
Motivated by the possibility of divestment, a fellow Santa Monica resident, Flavia Cahn, and I wrote a petition
to support this effort. Since going onl ine yesterday morning, more than 350 people have signed in support.
Many live or work in Santa Monica, but others are simply bystanders w ho admire what we are doing, from
neighboring Venice to as far away as Japan. By passing th is motion, we can continue to inspire people across
the world to pursue sustainability in all aspects of their lives.
Attached please find the petition lang uage and list of signees. There is a delay downloading the signatures, but
as of 1:13pm Tuesday Feb 14th, 376 pe ople have signed the petition. Link here .
I want to highlight that the petition commends divesting from Wells Fargo as a first step, but ultimately calls on
Santa Monica to divest from from any of the sevent een banks involved in the Dakota Access Pipeline, and
supports moving our money to a locally-o wned credit union or community bank.
Thank you for your time.
Best,
Jenna Perelman
--
Jenna Perelman
TWIGG How-To Co-Founder and Managing Editor
Scripps College '16
B.A. Environmental Policy
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Vernice Hankins
From:Council Mailbox
Sent:Tuesday, February 14, 2017 1:40 PM
To:councilmtgitems
Subject:FW: Divestment from Wells Fargo
From: Jeff Silberman [mailto:jsilberman@foliolit.com]
Sent: Tuesday, February 14, 2017 11:44 AM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>; Kevin McKeown Fwd <kevin@mckeown.net>; Tony Vazquez
<Tony.Vazquez@SMGOV.NET>; Gleam Davis <Gleam.Davis@SMGOV.NET>; Sue Himmelrich
<Sue.Himmelrich@SMGOV.NET>; Pam OConnor <Pam.OConnor@SMGOV.NET>; Terry O’Day <Terry.Oday@smgov.net>;
Ted Winterer <Ted.Winterer@SMGOV.NET>; Rick Cole <Rick.Cole@SMGOV.NET>
Subject: Divestment from Wells Fargo
Dear Council Members,
Our nation has many great traditions but a long and tr agic history of and subj ugating Native Americans and
destroying their way of life, and a sorry track re cord of polluting our environment and poisoning our
waters. What is happening with the Dakot a Access Pipeline is the latest exampl e, and I urge the city to divest
its Wells Fargo holdings and instead invest in more socia lly responsible and inclusive corporations that reflect
the social values of Santa Monican s and achieve profits in so doing.
Thank you so much for you service.
All my best,
Jeff Silberman
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Vernice Hankins
From:Council Mailbox
Sent:Tuesday, February 14, 2017 1:40 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: City investment in Wells Fargo
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Malka Mittelman [mailto:malkamitt@gmail.com]
Sent: Tuesday, February 14, 2017 10:56 AM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: City investment in Wells Fargo
Dear Council,
I heartily urge you all in thoroughly discussing and then supporting the motion to dive st city funds from Wells
Fargo.
As you know, Wells Fargo's investment in the Dakota Ac cess Pipeline is corporat e sponsorship of illegal
annexation of treaty-protected lands, the abuse of our shared natural re sources, and now, the violation of our
civil and human rights by a militarized police force.
Divest from Wells Fargo to divest from illegal, immoral, irresponsible abuse of public money.
Thank you,
Rabbi Malka Mittelman
"Peace cannot be kept by force; it can only be achieved by understanding.” Albert Einstein
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Vernice Hankins
From:Council Mailbox
Sent:Tuesday, February 14, 2017 1:40 PM
To:councilmtgitems
Subject:FW: Divestment from Wells Fargo
From: saku ee [mailto:sakuee@hotmail.com]
Sent: Tuesday, February 14, 2017 8:40 AM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>; Kevin McKeown Fwd <kevin@mckeown.net>; Tony Vazquez
<Tony.Vazquez@SMGOV.NET>; Gleam Davis <Gleam.Davis@SMGOV.NET>; Sue Himmelrich
<Sue.Himmelrich@SMGOV.NET>; Pam OConnor <Pam.OConnor@SMGOV.NET>; Terry O’Day <Terry.Oday@smgov.net>;
Ted Winterer <Ted.Winterer@SMGOV.NET>; Rick Cole <Rick.Cole@SMGOV.NET>
Cc: Jeff Silberman <jsilberman@khpslaw.com>
Subject: Divestment from Wells Fargo
Dear City Council,
I am heartbroken and outraged at how our country still treats Native Americans.
The Dakota Access Pipeline is not only unnecessa ry but also ecologically destructive.
Please divest the city's investments from Wells Fargo and support local credit unions and banks.
Best,
Saku ee,
SM resident
Santa Monica discusses #divestment:
Tomorrow evening (Tuesday 2/14), the Santa Monica City Council will discuss a motion
to investigate the City's investment practices and consider divesting all City funds from
Wells Fargo, due to their business practices and their involvement in financing the Dakota
Access Pipeline. They aren't voting on whethe r or not to divest, but rather, whether to
direct staff to investigate what that might look like (an important first step).
The meeting starts at 5:30pm , but the item is towards the en d of the agenda, so perhaps
closer to 8pm .
Sent from my iPhone
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Vernice Hankins
From:Council Mailbox
Sent:Tuesday, February 14, 2017 1:41 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Agenda Item 13C - Divestment from Wells Fargo
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Tara T [mailto:tigit13@gmail.com]
Sent: Tuesday, February 14, 2017 12:57 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: RE: Agenda Item 13C ‐ Divestment from Wells Fargo
Dear Santa Monica City Council -
I am writing regarding Item 13C on the agenda for tonigh t's Santa Monica City Council Meeting. I love living,
working, playing, and shopping in Santa Monica, knowing that I am spending m time and money in a city that
not only espouses to have empathetic end environmental va lues, but also has policies th at support those values.
One issue of policy that I think the City needs to review is who they bank a nd invest with. I don't think the City
should be allow any bank or financial agency to use th eir money whether directly or by holding it in accounts
and earning interest on it w hose values are out of alignment with th e City's. Wells Fargo has demonstrated
through fraudulent banking practices (creating accounts for people with out their knowledge), and funding
projects that impact indige nous people's rights and the right to clear wa ter, that they are a financial institution
who's values are out of alignment with those of the City. As such, I encour age the City to divest all its funds
from Wells Fargo, and to consider the practices of all the financial institutions the City uses.
Thank you for thoughtfully considering how the City of Santa Monica might be tter walk the talk and support its
values by divesting from Wells Fargo and other banks choosing profit over peopl e and the environment.
Sincerely,
Tara Treiber
1427 14th Street
Santa Monica, CA
90404
Item 13-C
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62 Item 13-C
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1
Vernice Hankins
From:Council Mailbox
Sent:Tuesday, February 14, 2017 1:41 PM
To:Ted Winterer; Gleam Davis; Pam OConnor; Sue Himmelrich; Terry O’Day; Kevin
McKeown Fwd; Tony Vazquez
Cc:councilmtgitems; Elaine Polachek; Gigi Decavalles
Subject:FW: Comment on Item 13C for Feb. 14 Meeting
Attachments:Petition to SM City Council in Support of Divestment from Wells Fargo.pdf
Council ‐
Please see the email below re: Wells Fargo.
Thank you,
Stephanie
From: Jenna Perelman [mailto:jennaperelman@gmail.com]
Sent: Tuesday, February 14, 2017 1:17 PM
To: Council Mailbox <Council.Mailbox@SMGOV.NET>
Subject: Comment on Item 13C for Feb. 14 Meeting
Dear Council Members,
I am heartened by the proposal of Council Members O'Day and Vazquez to investigate divesting City funds from Wells Fargo for it s business
practices and financial involvement with the Dakota Access Pipeline. This project violates the sacred land and treaty rights of the Standing
Rock Sioux Tribe, and endangers the water supply and health for the Sioux and for countless others downstream.
Santa Monica has long been a leader in sustainability. Countless communities look to us for innovation in sustainable developme nt and
environmental protection. Embracing sustainable investment by placing our funds with banks that value human and environmental h ealth is
the next step.
Motivated by the possibility of divestment, a fellow Santa Monica resident, Flavia Cahn, and I wrote a petition to support this effort. Since
going online yesterday morning, more than 350 people have signed in support. Many live or work in Santa Monica, but others are simply
bystanders who admire what we are doing, from neighboring Venice to as far away as Japan. By passing this motion, we can contin ue to
inspire people across the world to pursue sustai nability in all aspects of their lives.
Attached please find the petition language and list of signees. Th ere is a delay downloading the signatures, but as of 1:13pm T uesday Feb
14th, 376 people have signed the petition. Link here .
I want to highlight that the petition commends divesting from We lls Fargo as a first step, but ultimately calls on Santa Monica to divest from
from any of the seventeen banks involved in the Dakota Access Pipeline, and supports moving our money to a locally-owned credit union or
community bank.
Thank you for your time.
Best,
Jenna Perelman
--
Jenna Perelman
TWIGG How-To Co-Founder and Managing Editor
Item 13-C
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Scripps College '16
B.A. Environmental Policy
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