Agenda — Campbell City Council, August 4, 2025 (part 1 of 2)

City Council Agenda
City of Campbell, 70 N. First St., Campbell, California

NOTE: This City Council Regular meeting will be conducted in person as well as telecommunication and is compliant with provisions of the Brown Act.

The City Council meeting will be live -streamed on Channel 26 (Xfinity) or Channel 88 (Direct TV), the City's website and on YouTube https://www.youtube.com/user/CityofCampbell for those who only wish to view the meeting.

Those members of the public wishing to provide public comment virtually are asked to register in advance at: https://www.campbellca.gov/signup. After registering, you will receive a confirmation email containing information about joining the meeting. Members of the public may attend the meeting in person at Campbell City Hall - Council Chambers.

Public comment will also be accepted via email at [email protected] until 12:00p.m. prior to the start of the meeting. Written comments will be posted on the website and distributed to the Council. If you choose to email your comments, please indicate in the subject line “FOR PUBLIC COMMENT” and indicate the item number.

REGULAR MEETING OF THE CAMPBELL CITY COUNCIL
Monday, August 4, 2025 – 7:00 p.m.

City Hall Council Chamber – 70 N. First Street

CALL TO ORDER

ROLL CALL

PLEDGE OF ALLEGIANCE

SPECIAL PRESENTATIONS AND PROCLAMATIONS

COMMUNICATIONS AND PETITIONS

ORAL REQUESTS
NOTE: This portion of the meeting is reserved for persons wishing to address the City Council on any matter not on the agenda. Persons wishing to address the Council are requested, but not required to complete a Speaker’s Card. Speakers are limited to two (2) minutes. The law generally prohibits the Council from discussion or taking action on such items. However, the Council may instruct staff accordingly regarding Oral Requests.

COUNCIL ANNOUNCEMENTS

CONSENT CALENDAR
NOTE: All matters listed under consent calendar are considered by the City Council to be routine and will be enacted by one motion. There will be no separate discussion of these items unless a request is made by a member of City Council, City staff, or a member of the public.

Any person wishing to speak on any item on the consent calendar should ask to have the item removed from the consent calendar prior to the time the Council votes to approve. If removed, the item will be discussed in the order in which it appears.

1. Minutes of City Council Executive Session Meeting of July 1, 2025 Recommended Action: Approve the executive session meeting minutes of July 1, 2025.

2. Minutes of City Council Regular Meeting of July 1, 2025 Recommended Action: Approve the regular meeting minutes of July 1, 2025.

3. Minutes of City Council Executive Session Meeting of July 7, 2025 Recommended Action: Approve the executive session meeting minutes of July 7, 2025.

4. Approving Bills and Claims
Recommended Action: Approve the bills and claims in the amount of $8,668,476.59.

5. Monthly Treasurer's Report (June 2025)
Recommended Action: That the City Council review and accept the Monthly Treasurer’s Report for the month ended June 30, 2025.

6. Monthly Investment Transactions Report (June 2025)
Recommended Action: That the City Council review and accept the Monthly Investment Transactions Report for June 2025.

7. Investment Report - Quarter Ending June 2025
Recommended Action: That the City Council approve the Investment Report for the quarter ending June 2025 and the report be noted and filed.

8. Approval of Parcel Map Including Acceptance of Street Dedication and Public Service Easements Shown on Said Map – 251 Curtner Avenue (Resolution/Roll Call Vote)
Recommended Action: That the City Council adopt a resolution approving the Parcel Map and accept the street dedication and public service easements as shown on the map for the property located at 251 Curtner Avenue.

9. Approval of Tract Map Approval of Tract Map No. 10641 Including Acceptance of Street Dedication and Public Service Easements Shown on Said Map – 57-101 Gilman Avenue & 60 Dillon Avenue (Resolution/Roll Call Vote)
Recommended Action: That the City Council adopt a resolution approving the Tract Map for Tract No. 10641 and accept the street dedication and public service easements offered for dedication as shown on the map for the property located at 57-101 Gilman Avenue and 60 Dillon Avenue.

10. Approval of Tract Map No. 10653 Including Acceptance of Street Dedication and Public Service Easements Shown on Said Map – 320 Virginia Avenue (Resolution/Roll Call Vote)
Recommended Action: That the City Council adopt a resolution approving the Tract Map for Tract No. 10653 and accept the street dedication and public

service easements offered for dedication as shown on the map for the property located at 320 Virginia Avenue.

11. Accept the City Facilities Roof Replacement Project – FY 2024 (24 -TT) and File the Notice of Completion (Resolution/Roll Call Vote) Recommended Action: That the City Council adopt a resolution accepting the City Facilities Roof Replacement Project for FY 2024 (CIP No. 24 -TT) and directing the Public Works Director or designee to file the Notice of Completion; and authorizing the Finance Director to retain the remaining project balance under CIP No. 24-TT for upcoming roofing projects in FY 2026.

12. Resolution Approving the New Classification Specifications for Crime Analyst, Environmental Programs Coordinator, and Executive Assistant to the Police Chief (Resolution/Roll Call Vote)
Recommended Action: Adopt a resolution approving the new classification specifications for Crime Analyst, Environmental Programs Coordinator, and Executive Assistant to the Police Chief.

13. Acceptance of the 2025 Cannabis Tax Fund Grant Program - Department of California Highway Patrol Grant (Resolution/Roll Call Vote) Recommended Action: That the City Council adopt a resolution approving an agreement setting forth terms under which the City of Campbell accepts the 2025 Cannabis Tax Fund Grant Program - Department of California Highway Patrol, authorizing the City Manager to execute the agreement, and approving a budget adjustment to recognize the grant revenue and corresponding grant related expenditures.

PUBLIC HEARINGS AND INTRODUCTION OF ORDINANCES
NOTE: Members of the public may be allotted up to two (2) minutes to comment on any public hearing item. Applicants/Appellants and their representatives may be allotted up to a total of five (5) minutes for opening statements and up to a total of three (3) minutes maximum for closing statements. Items requested/recommended for continuance are subject to Council’s consent at the meeting.

14. Placing the Cost of Abating Hazardous Vegetation on the Property Tax Assessment Roll (Resolution/Roll Call Vote)
Recommended Action: That the City Council adopt a resolution placing the cost of abating hazardous vegetation on the property tax assessment roll.

15. Public Hearing to Consider Adoption of an Ordinance to Extend Interim Ordinance No. 2331 Which Established Urgency Measures in Response to the 2018 Small Cell Order (FCC 18 -133) by the Federal Communications Commission (File No. PLN-2025-50) (Ordinance / Roll Call Vote) Recommended Action: That the City Council adopt an ordinance to extend Interim Ordinance No. 2331, which established urgency measures in response to the 2018 Small Cell Order (FCC 18 -133) by the Federal Communications Commission.

16. Public Hearing to Consider an Interim Ordinance Adopting Urgency Measures to Implement Senate Bill No. 1123 (2024), as Amended by

Assembly Bill No. 130 (2025), Regarding Ministerial Approval of Starter Home Projects. (File No. PLN-2025-62) (Ordinance / Roll Call Vote) Recommended Action: It is recommended that City Council adopt an Interim Ordinance to implement Senate Bill No. 1123, as amended by Assembly Bill No. 130.

NEW BUSINESS

17. West Valley Homeless Services Feasibility Study - Needs Analysis Recommended Action: That the City Council receive the report and provide feedback on the First Phase report (Needs Analysis) for the West Valley Homeless Services Feasibility Study.

18. Hamilton Avenue Public Improvement Plan - Kickoff Meeting Recommended Action: That the City Council provide early input on the following:
1) the proposed outreach strategy, including whether additional stakeholder groups or engagement formats should be included; 2) the preliminary project schedule and proposed meeting frequency; and 3) any initial priorities or guiding principles for staff and the consultant team to consider as the project begins.

19. Resolution Amending the First Amended Agreement for City Clerk Services (Resolution/Roll Call Vote)
Recommended Action: That the City Council adopt a Resolution amending the First Amended Agreement for City Clerk Services to provide for a merit increase.

UNFINISHED BUSINESS

COUNCIL COMMITTEE REPORTS

20. Council Committee Reports
Recommended Action: That the City Council report on activities from their committee assignments.

ADJOURN
IMPORTANT NOTICE: Materials related to an item on this agenda submitted to the City Council after distribution of the agenda packet are available for public inspection with the agenda packet in the lobby of City Clerk’s Office, 70 N. First Street, Campbell, CA 95008, during normal business hours. These materials will also be available on the City website at https://www.ci.campbell.ca.us/agendacenter with the agenda packet following the last item of the agenda, subject to staff’s ability to post the documents prior to the meeting. All documents not posted prior to the meeting will be posted the next business day.

In compliance with the Americans with Disabilities Act, listening assistive devices are available for all meetings held in the City Council Chambers. If you require accommodation, please contact the City Clerk’s Office, (408) 866-2117, at least one week in advance of the meeting.

CITY COUNCIL MINUTES
City of Campbell, 70 N. First St., Campbell, California

CITY COUNCIL EXECUTIVE SESSION
Tuesday, July 1, 2025 – 6:00 PM
Doetsch Conference Room
70 N. First Street, Campbell, California

CALL TO ORDER
The City Council of the City of Campbell convened this day in the special meeting place, the Doetsch Conference Room, 70 N. First Street, Campbell, California.

ROLL CALL
Attendee Name Title Status
Anne Bybee Councilmember Present
Terry Hines Councilmember Present
Elliot Scozzola Councilmember Present
Dan Furtado Vice Mayor Present
Sergio Lopez Mayor Present

PUBLIC COMMENT
There was no public comment.

MOVE INTO CLOSED EXECUTIVE SESSION
A. Personnel – Pursuant to G.C. Section 54957: Public Employee Performance Evaluation – City Manager

B. Litigation

C. Real Property

D. Labor Negotiations – Pursuant to G.C. Section 54957.6: Conference with Labor Negotiator - Agency Designated Representatives: City Council and City Manager Performance/Compensation Subcommittee Members: Sergio Lopez and Dan Furtado
Unrepresented Employee: City Manager

The City Council met in Executive Session to discuss Items A and D. City Manager Loventhal was in attendance.

ADJOURN
1 Packet Pg. 5
Minutes Acceptance: Minutes of Jul 1, 2025 6:00 PM (CONSENT CALENDAR)

Minutes of July 1, 2025 City Council Meeting Page 2

Mayor Lopez adjourned the meeting at 6:55 PM.

APPROVED:

ATTEST:

Sergio Lopez, Mayor

Andrea Sanders, City Clerk

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Minutes Acceptance: Minutes of Jul 1, 2025 6:00 PM (CONSENT CALENDAR)

CITY COUNCIL MINUTES
City of Campbell, 70 N. First St., Campbell, California

REGULAR MEETING OF THE CAMPBELL CITY COUNCIL
Tuesday, July 1, 2025 – 7:00 p.m.

City Hall Council Chamber – 70 N. First Street

This City Council meeting was duly noticed pursuant to open meeting requirements of the Ralph M. Brown Act (G.C. Section 54956).

This meeting was recorded and can be viewed in its entirety at www.campbellca/agendacenter.

CALL TO ORDER
The City Council of the City of Campbell convened this day in the regular meeting place, the City Hall Council Chamber, 70 N. First St., Campbell, California.

ROLL CALL
Attendee Name Title Status
Anne Bybee Councilmember Present
Terry Hines Councilmember Present
Elliot Scozzola Councilmember Present
Dan Furtado Vice Mayor Present
Sergio Lopez Mayor Present

PLEDGE OF ALLEGIANCE
The Pledge of Allegiance was led by Recreation and Community Services Staff in recognition of Park and Recreation Month.

Mayor Lopez presented Certificates of Appreciation for leading the Pledge.

SPECIAL PRESENTATIONS AND PROCLAMATIONS

1. Proclamation Declaring July 2025 as Park and Recreation Month Recommended Action: Issue a proclamation declaring the month of July 2025 as National Parks and Recreation Month for the City of Campbell.

Mayor Lopez recognized Park and Recreation Month in the City of Campbell and presented a proclamation to staff thanking them for their efforts.

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Minutes Acceptance: Minutes of Jul 1, 2025 7:00 PM (CONSENT CALENDAR)

Minutes of July 1, 2025 City Council Meeting Page 2
Recreation and Community Services Director Bissell thanked the Mayor and City Council for the recognizing the hard work that goes into providing excellent recreation programs. She recognized her staff in attendance, Lauren Council, Tina Wong-Erling, Tiffany Causey, Iseth Rae, and Parks and Rec Commissioner Shirley Loffer.

Councilmembers congratulated staff, and thanked them for their dedication and commitment to providing a variety of quality programs and events for the community.

COMMUNICATIONS AND PETITIONS
There were no communications and petitions.

ORAL REQUESTS

Joseph Rauch, Campbell resident, spoke of an incident he experienced with a vehicle on Rincon Ave. and expressed pedestrian safety concerns in that area.

COUNCIL ANNOUNCEMENTS
Are you interested in getting more involved in the Campbell community? The City Clerk’s Office is currently accepting applications for commissioners to serve on the Historic Preservation Board, Civic Improvement Commission, and Planning Commission. This is an exciting opportunity to contribute to important decisions that impact our community. If you’re interested in serving, contact the City Clerk’s Office at [email protected] or 408-866-2117 for additional information. Applications close at 5:00 PM on Friday, July 18, 2025, so don’t miss your chance to make a difference!

I would like to take this opportunity to invite you to the annual State of the City Address.

Please join me as I discuss the city’s Housing Development Plan our Unhoused Program, Land Use Element, Economic Development and updates on Public Safety.

The State of the City address will be held at the Orchard City Banquet Hall on Wednesday, August 20. Doors open at 6:00 pm with the event beginning promptly at 6:30pm. Please RSVP to [email protected] by Wednesday, August 13.

City offices will be closed for business on Friday, July 4 in observance of Independence Day. Police and emergency services will remain open.

CONSENT CALENDAR

Mayor Lopez asked if anyone wished to remove an item from the Consent Calendar.

The Consent Calendar was considered as follows:

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Minutes Acceptance: Minutes of Jul 1, 2025 7:00 PM (CONSENT CALENDAR)

Minutes of July 1, 2025 City Council Meeting Page 3

2. Minutes of City Council Executive Session Meeting of June 17, 2025 Recommended Action: Approve the executive session meeting minutes of June 17, 2025.

This action approves the executive session meeting minutes of June 17, 2025.

3. Minutes of City Council Regular Meeting of June 17, 2025 Recommended Action: Approve the regular meeting minutes of June 17, 2025.

This action approves the regular meeting minutes of June 17, 2025.

4. Approving Bills and Claims
Recommended Action: Approve the bills and claims in the amount of $2,927,062.56.

This action approves the bills and claims in the amount of $2,927,062.56 as follows: bills and claims checks dated June 2, 2025, in the amount of $2,427,289.78; payroll checks dated June 5, 2025, in the amount of $94,706.12; and bills and claims checks dated June 9, 2025, in the amount of $408,066.66.

5. Monthly Investment Transactions Report (May 2025)
Recommended Action: That the City Council review and accept the Monthly Investment Transactions Report for May 2025.

This action reviews and accepts the Monthly Investment Transactions Report for May 2025.

6. Monthly Treasurer's Report (May 2025)
Recommended Action: That the City Council review and accept the Monthly Treasurer’s Report for the month ended May 31, 2025.

This action reviews and accepts the Monthly Treasurer’s Report for the month ended May 31, 2025.

7. Adopt the Fiscal Year 2026 Classification and Salary Schedule (Resolution/Roll Call Vote)
Recommended Action: Adopt a resolution adopting the classification and salary schedule for Fiscal Year 2025-2026.

Resolution 13315 adopts the classification and salary schedule for Fiscal Year 2025-2026.

8. Approval to Grant a Utility Distribution Easement to PG&E Within Lot 12 as Shown on a Certain Map Entitled “Map of Campbells Western Add’n to the Town of Campbell,” Filed for Record on May 18Th, 1894, in Book H of Maps at Page 69 to Serve the Measure O – Police Operations Building Project (CIP No. 23-RR), (Resolution/Roll Call Vote)
Recommended Action: That the City Council adopt a resolution to grant a utility distribution easement to PG&E within Lot 12 as shown on a certain Map Entitled “Map of Campbell's Western Add’n to the Town of Campbell,” filed for record on May 18th, 1894, in Book H of Maps at Page 69 to serve the Measure O - Police Operations Building Project (CIP No. 23-RR).
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Minutes Acceptance: Minutes of Jul 1, 2025 7:00 PM (CONSENT CALENDAR)

Minutes of July 1, 2025 City Council Meeting Page 4

Resolution 13316 grants a utility distribution easement to PG&E within Lot 12 as shown on a certain Map Entitled “Map of Campbell's Western Add’n to the Town of Campbell,” filed for record on May 18th, 1894, in Book H of Maps at Page 69 to serve the Measure O - Police Operations Building Project (CIP No. 23-RR).

M/S: Bybee/Furtado – That the City Council approve the Consent Calendar.

The motion was adopted by the following roll call vote:

RESULT: ADOPTED [UNANIMOUS]
MOVER: Bybee
SECONDER: Furtado
AYES: Bybee, Hines, Scozzola, Furtado, Lopez

PUBLIC HEARINGS AND INTRODUCTION OF ORDINANCES

9. Lighting and Landscaping District LLA -1, Fiscal Year 2025 -26 - Confirming Assessments (Resolution/Roll Call Vote)
Recommended Action: That the City Council adopt a resolution overruling protests, if any, approving the Engineer's Report, ordering the improvements, and confirming the diagram and assessments.

This is the time and place set for hearing public comments on the Engineer's Report for the City of Campbell’s Lighting and Landscaping Assessment District and on the levy and collection of the proposed assessment for Fiscal Year 2025 - 2026. These proceedings are conducted pursuant to the Landscaping and Lighting Act of 1972.

Mayor Lopez gave opening statements, declared the public hearing open and asked if there was anyone in the audience wishing to be heard.

City Clerk Sanders read the Clerk’s statement verifying public hearing notification and stated that no protests were received.

Senior Civil Engineer Roger Storz provided a statement regarding the nature of the lighting and landscape district.

There being no one wishing to speak, Mayor Lopez closed the public hearing.

M/S: Bybee/Hines – That the City Council adopt Resolution 13317 overruling protests, if any, approving the Engineer's Report, ordering the improvements, and confirming the diagram and assessments. The motion was adopted by the following roll call vote:

RESULT: ADOPTED [UNANIMOUS]
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Minutes Acceptance: Minutes of Jul 1, 2025 7:00 PM (CONSENT CALENDAR)

Minutes of July 1, 2025 City Council Meeting Page 5
MOVER: Bybee
SECONDER: Hines
AYES: Bybee, Hines, Scozzola, Furtado, Lopez

10. Public Hearing to Consider an Interim Ordinance Adopting Urgency Measures to Implement Senate Bill No. 1123 (2024), Regarding Ministerial Approval of Small -Scale Housing Subdivisions (File No. PLN -2025-62) (Ordinance / Roll Call Vote)
Recommended Action: It is recommended that City Council adopt an Interim Ordinance to implement Senate Bill No. 1123.

Now is the time and place for a public hearing to consider adopting an Interim Ordinance to implement Senate Bill No. 1123.

Senior Planner Fama presented a staff report dated July 1, 2025.

Following Council questions, Mayor Lopez opened the public hearing and asked if anyone wished to speak.

Seeing no one wishing to speak, Mayor Lopez closed the public hearing.

After discussion, M/S: Bybee/Hines – That the City Council adopt Interim Ordinance 2331 to implement Senate Bill 1123. The motion was adopted by the following roll call vote:

RESULT: ADOPTED [UNANIMOUS]
MOVER: Bybee
SECONDER: Hines
AYES: Bybee, Hines, Scozzola, Furtado, Lopez

City Clerk Sanders read the full title of Urgency Ordinance 2332.

M/S: Furtado/Bybee – That the City Council waive further reading of Ordinance 2331. The motion was adopted by the following roll call vote:

RESULT: ADOPTED [UNANIMOUS]
MOVER: Furtado
SECONDER: Bybee
AYES: Bybee, Hines, Scozzola, Furtado, Lopez

11. Public Hearing to Consider the Adoption of an Interim Ordinance Amending Chapter 21.34 – Wireless Communication Facilities to Establish Urgency Measures in Response to Changes in Federal Law. (Ordinance/Roll Call Vote)
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Minutes Acceptance: Minutes of Jul 1, 2025 7:00 PM (CONSENT CALENDAR)

Minutes of July 1, 2025 City Council Meeting Page 6
Recommended Action: That the City Council take the following action: Adopt an Interim Ordinance, amending Chapter 21.34 - Wireless Communications Facilities to establish urgency measures in response to changes in Federal Law.

Now is the time and place for a public hearing to consider adopting an Interim Ordinance amending Chapter 21.34 - Wireless Communications Facilities to establish urgency measures in response to changes in Federal Law.

Senior Planner Rose presented a staff report dated July 1, 2025.

Following Councill questions, Mayor Lopez opened the public hearing and asked if anyone wished to speak.

Seeing no one wishing to speak, Mayor Lopez closed the public hearing.

After discussion, M/S: Hines/Scozzola – That the City Council adopt Interim Ordinance 2332 amending Chapter 21.34 - Wireless Communications Facilities to establish urgency measures in response to changes in Federal Law. The motion was adopted by the following roll call vote:

RESULT: ADOPTED [UNANIMOUS]
MOVER: Hines
SECONDER: Scozzola
AYES: Bybee, Hines, Scozzola, Furtado, Lopez

City Clerk Sanders read the full title of Urgency Ordinance 2332.

M/S: Furtado/Bybee – That the City Council waive further reading of Ordinance 2332. The motion was adopted by the following roll call vote:

RESULT: ADOPTED [UNANIMOUS]
MOVER: Furtado
SECONDER: Hines
AYES: Bybee, Hines, Scozzola, Furtado, Lopez

NEW BUSINESS

12. Axon Ten Year Technology Contract
Recommended Action: That the City Council adopt a Resolution approving a ten year contract with Axon, authorizing the City Manager to sign the contract, dispensing with bidding requirements as specified in Campbell Municipal Code Section 3.20.030(7), and approving associated budget adjustments.

Police Chief Berg introduced the item. Police Captain White presented a staff report dated July 1, 2025.

The City Council asked questions related to the staff report presentation.

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Minutes Acceptance: Minutes of Jul 1, 2025 7:00 PM (CONSENT CALENDAR)

Minutes of July 1, 2025 City Council Meeting Page 7
Mayor Lopez asked if anyone from the public wished to speak. There were no public speakers.

Councilmembers expressed concerns with entering into a new 10 -year agreement when the current agreement is not set to expire until 2031.

Captain White addressed Councilmember concerns stating that by leveraging a new agreement, the City will receive more add -on features, such as AI capabilities at a reduced cost. Purchasing these added features and negotiating a new contract in 2031 could result in the City not receiving as large of a discount as what is being offered currently with the newly proposed agreement.

After discussion, M/S: Lopez/Hines - That the City Council adopt Resolution 13318 approving a ten year contract with Axon, authorizing the City Manager to sign the contract, dispensing with bidding requirements as specified in Campbell Municipal Code Section 3.20.030(7), and approving associated budget adjustments. The motion was adopted by the following roll call vote:

RESULT: ADOPTED [UNANIMOUS]
MOVER: Lopez
SECONDER: Hines
AYES: Bybee, Hines, Scozzola, Furtado, Lopez

13. Approval of Purchase Agreement with Sorinex Exercise Equipment, Inc., in the Amount of $163,000 for the Procurement of Exercise Equipment as Programmed in the CIP for the Measure O – Police FF&E Project (CIP No. 22-JJ), (Resolution/Roll Call Vote)
Recommended Action: That the City Council adopt a resolution authorizing: 1) City Council approval of a purchase agreement with Sorinex Exercise Equipment, Inc., in the amount of $163,000, for the procurement of Furniture, Fixtures, and Equipment (FF&E) specifically exercise equipment as programmed in the CIP for the Measure O - Police FF&E project (CIP No. 22 -JJ); 2) staff to dispense with the City’s formal bidding procedures as specified in the exemption of Campbell Municipal Code (CMC) Section 3.20.030, subsections (6) which authorizes the City’s procurement of these services through its membership with multiple purchasing cooperatives and their contract with Sorinex Exercise Equipment, Inc.; 3) the City Manager to execute the said purchase agreement as specified in Campbell Municipal Code Section 3.20.100.

Sr. Project Manager Castellanos presented a staff report dated July 1, 2025.

Following City Council questions, Mayor Lopez asked if anyone from the public wished to speak. There were no public speakers.

After discussion, M/S: Hines/Scozzola - That the City Council adopt Resolution 13319 authorizing: 1) City Council approval of a purchase 2 Packet Pg. 13
Minutes Acceptance: Minutes of Jul 1, 2025 7:00 PM (CONSENT CALENDAR)

Minutes of July 1, 2025 City Council Meeting Page 8
agreement with Sorinex Exercise Equipment, Inc., in the amount of $163,000, for the procurement of Furniture, Fixtures, and Equipment (FF&E) specifically exercise equipment as programmed in the CIP for the Measure O - Police FF&E project (CIP No. 22 -JJ); 2) staff to dispense with the City’s formal bidding procedures as specified in the exemption of Campbell Municipal Code (CMC) Section 3.20.030, subsections (6) which authorizes the City’s procurement of these services through its membership with multiple purchasing cooperatives and their contract with Sorinex Exercise Equipment, Inc.; and 3) the City Manager to execute the said purchase agreement as specified in Campbell Municipal Code Section 3.20.100. The motion was adopted by the following roll call vote:

RESULT: ADOPTED [UNANIMOUS]
MOVER: Hines
SECONDER: Scozzola
AYES: Bybee, Hines, Scozzola, Furtado, Lopez

14. Resolution Authorizing an Ad Valorem Tax Levy Based on a Debt Service Estimate to be Provided to Santa Clara County Regarding General Obligation Bonds for Fiscal Year 2025-26 (Resolution/Roll Call Vote) Recommended Action: That the City Council adopt a resolution authorizing an ad valorem tax levy based on a debt service estimate to be provided to Santa Clara County regarding general obligation bonds for Fiscal Year 2025-26.

Administrative Analyst Brangan presented a staff report dated July 1, 2025.

Following City Council questions, Mayor Lopez asked if anyone from the public wished to speak.

Steven Saunders, Campbell resident, suggested a more aggressive approach in paying off the bonds.

After discussion, M/S: Bybee/Hines – That the City Council adopt Resolution 13320 authorizing an ad valorem tax levy based on a debt service estimate to be provided to Santa Clara County regarding general obligation bonds for Fiscal Year 2025 -26. The motion was adopted by the following roll call vote:

RESULT: ADOPTED [UNANIMOUS]
MOVER: Bybee
SECONDER: Hines
AYES: Bybee, Hines, Scozzola, Furtado, Lopez

UNFINISHED BUSINESS
There was no unfinished business.

COUNCIL COMMITTEE REPORTS
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Minutes Acceptance: Minutes of Jul 1, 2025 7:00 PM (CONSENT CALENDAR)

Minutes of July 1, 2025 City Council Meeting Page 9

15. Council Committee Reports
Recommended Action: That the City Council report on activities from their committee assignments.

In place of Vice Mayor Furtado, Councilmember Hines attended the 2025 Service Academy Reception hosted by Representatives Sam Liccardo and Ro Khanna at Moffet Field; attended the Police Department Swearing -In Ceremony at the Home Church; and recognized Kyoto Palace restaurant for their good food and supportive owner.

Councilmember Scozzola attended the Campbell Volunteer Recognition Luncheon.

Vice Mayor Furtado attended the annual General Assembly meeting of the Association of Bay Area Governments.

Councilmember Bybee attended a meeting of the Legislative Subcommittee; and the Special Olympics Torch Run.

Mayor Lopez attended a Board meeting of Santa Clara Valley Transportation Authority; Campbell Volunteer Luncheon; City Manager and Mayor lunch with the winners of the All -Hands Family Feud; and attended a press conference with Latino elected leaders at the Mexican Heritage Plaza.

ADJOURN
Mayor Lopez adjourned the meeting at 8:51 PM with a moment of silence in honor of Alcario Castellano. He was a philanthropist with significant ties to the West Valley community. While working as a grocery store clerk, he won the lottery and used his winnings to start various non -profits with his family to provide youth activities, cultural activities, and education programs; making a significant contribution on this community and the broader Santa Clara County. A memorial service was held earlier this evening.

APPROVED:

ATTEST:

Sergio Lopez, Mayor

Andrea Sanders, City Clerk

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Minutes Acceptance: Minutes of Jul 1, 2025 7:00 PM (CONSENT CALENDAR)

CITY COUNCIL MINUTES
City of Campbell, 70 N. First St., Campbell, California

CITY COUNCIL EXECUTIVE SESSION
Monday, July 7, 2025 – 6:30 PM
Doetsch Conference Room
70 N. First Street, Campbell, California

CALL TO ORDER
The City Council of the City of Campbell convened this day in the special meeting place, the Doetsch Conference Room, 70 N. First Street, Campbell, California.

ROLL CALL
Attendee Name Title Status
Anne Bybee Councilmember Present
Terry Hines Councilmember Present
Elliot Scozzola Councilmember Absent
Dan Furtado Vice Mayor Present
Sergio Lopez Mayor Present

PUBLIC COMMENT
There was no public comment.

MOVE INTO CLOSED EXECUTIVE SESSION
A. Personnel

B. Litigation - CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION (Paragraph (1) of subdivision (d) of California Government Code Section 54956.9) Name of case: Gary Cecil v. County of Santa Clara et. al.; Santa Clara County Superior Court Case No. 24CV454427

C. Real Property

D. Labor Negotiations

The City Council met in Executive Session to discuss Item B. City Manager Loventhal, City Attorney Seligmann , Finance Director Fuentes, and o utside counsel from Clapp Moroney were in attendance.

ADJOURN

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Minutes Acceptance: Minutes of Jul 7, 2025 6:30 PM (CONSENT CALENDAR)

Minutes of July 7, 2025 City Council Meeting Page 2
Mayor Lopez adjourned the meeting at 6:55 PM.

APPROVED:

ATTEST:

Sergio Lopez, Mayor

Andrea Sanders, City Clerk

3 Packet Pg. 17
Minutes Acceptance: Minutes of Jul 7, 2025 6:30 PM (CONSENT CALENDAR)

City
Council
Report

TITLE: Approving Bills and Claims

RECOMMENDED ACTION

Approve the bills and claims in the amount of $8,668,476.59

DISCUSSION

The bills and claims that have been audited and approved by staff for payments made as noted below:

Type Check Date Amount
Bills & Claims June 16,2025 $528,000.53
Payroll June 18,2025 $84,528.54
Bills & Claims June 23,2025 $1,697,731.76
Bills & Claims June 30,2025 $3,979,169.80
Payroll July 03, 2025 $77,983.21
Bills & Claims July 04, 2025 $294,396.64
Bills & Claims July 07, 2025 $74,114.75
Bills & Claims July 11, 2025 $635,316.67
Bills & Claims July 14, 2025 $11,778.78
Bills & Claims July 18, 2025 $1,285,455.91
Total $8,668,476.59

FISCAL IMPACT

Requested action does not require a budget adjustment. Adequate funding was available to cover all expenses as listed.

Prepared by:

Celia Deniz, Accounting Clerk II
Item: 4
Category: CONSENT CALENDAR
Meeting Date: August 4, 2025
4 Packet Pg. 18
Approving Bills and Claims Page 2 of 2

Reviewed by:

Norite Vong, Assistant Finance Director

Approved by:

Brian Loventhal, City Manager

4 Packet Pg. 19

City
Council
Report

TITLE: Monthly Treasurer's Report (June 2025)

RECOMMENDED ACTION

That the City Council review and accept the Monthly Treasurer’s Report for the month ended June 30, 2025.

BACKGROUND

California government code section 41004 requires that the City Treasurer submits to the City Clerk and the legislative body a written report and accounting of all receipts, disbursements, and fund balances. The City of Campbell’s Finance Director has the responsibility of City Treasurer. This report has been prepared to fulfill this requirement.

This report provides financial transaction data for the City of Campbell’s Funds collectively, including the City’s General (Operating) Fund.

DISCUSSION

This Monthly Treasurer’s Report details and summarizes receipts, disbursements, and fund balances for the month ended June 30, 2025. As shown in Attachment A, the City recognized $ 9.7 million in revenues and incurred $ 3.7 million in expenditures in total, for all City funds along with $9.1 million of negative prior period adjustments. The City’s overall ending fund balance for June 2025 is $65.8 million, a decrease of $3.0 million from the May 2025 total of $68.8 million.

For the month of June 2025, the City’s General Fund recognized $ 6.2 million in revenues and incurred $ 3.0 million in expenditures along with $ 3.1 million in negative prior period adjustments . The City’s ending General Fund balance for June 2025 is $18.9 million, an increase of $43,000 from the May 2025 total of $18.8 million.

FISCAL IMPACT

There is no fiscal impact associated with the review and acceptance of the Monthly Treasurer’s Report.

Item: 5
Category: CONSENT CALENDAR
Meeting Date: August 4, 2025
5 Packet Pg. 20
Monthly Treasurer's Report (June 2025) Page 2 of 2

Prepared by:

Carolina Vargas, Accountant

Approved by:

Brian Loventhal, City Manager

Attachment:
a. 2025.06 Fund Balance Report
5 Packet Pg. 21
City of Campbell
Changes in Total Fund Balance
For the month ended June 30, 2025
Fund Balance
as of
05/31/2025
Prior Month
Adjustment
Current
Revenue
Current
Expenditure
Fund Balance
as of
06/30/2025
General Fund
Nonspendable Fund Balance
Leases 199,081.00$ -$ -$ -$ 199,081.00$ Committed Fund Balance
General Plan Update - - - - - Compensated Absences 970,698.00 - - - 970,698.00 Liability insurance 157,936.00 - - - 157,936.00 Available Capital Improvement Reserve 212,351.00 - - - 212,351.00 Committed Capital Improvement Reserve 1,240,899.00 - - - 1,240,899.00 Community Center Facility 149,706.00 - - - 149,706.00 Heritage Theater 180,344.00 - - - 180,344.00 Historic Preservation 5,000.00 - - - 5,000.00 Assigned Fund Balance
Capital Projects (Construction Tax) 138,406.00 - - - 138,406.00 Unemployment insurance 90,000.00 - - - 90,000.00 PERS 2,252,000.00 - - - 2,252,000.00 OPEB 393,315.00 - - - 393,315.00 Encumbrances 917,512.00 - - - 917,512.00 Unassigned Fund Balance
Unassigned (1,141,776.15) (3,128,410.25) 6,198,161.00 (3,027,128.51) (1,099,153.91) City Council Reserve 362,624.00 - - - 362,624.00 Economic fluctuations 9,485,886.00 - - - 9,485,886.00 Emergency 3,207,454.00 - - - 3,207,454.00 General Fund Total 18,821,435.85 (3,128,410.25) 6,198,161.00 (3,027,128.51) 18,864,058.09 Special Revenue
Vehicle Impact 2,742,839.19 28,367.94 85,595.92 - 2,856,803.05 Gas Tax 2,435,951.41 (146,790.33) 215,348.58 (127,825.52) 2,376,684.14 Asset Forfeiture 152,940.00 - - - 152,940.00 Lighting & Landscape District 670,404.32 (286,917.60) 937,001.37 (147,847.56) 1,172,640.53 Housing & Community Development 345.85 - - - 345.85 Environmental Services 1,095,260.10 1,498.99 36,944.94 - 1,133,704.03 Supplemental Law Enforcement 75,726.37 (29,055.85) - (5,102.64) 41,567.88 State & Other Grants (766,876.48) - - - (766,876.48) TDA Grant 379,000.72 - - - 379,000.72 Federal Grants 691,145.03 (5,118.62) - - 686,026.41 ARPA Fund 185,956.58 - - - 185,956.58 Housing Assistance 7,975,191.19 (44,653.79) - (8,838.44) 7,921,698.96 Community Restitution Fund 189,339.47 4,339.00 - - 193,678.47 Community Facilities District #1 (26,987.87) - 59,612.50 (1,041.71) 31,582.92 Community Facilities District #2 235,235.96 (938.83) 20,280.59 - 254,577.72 Parkland Dedication 6,440,015.73 161,398.54 - - 6,601,414.27 Recreation - Private Grants 6,511.21 (3,000.00) - 3,511.21 Adult Center 18,037.31 - - - 18,037.31 Special Revenue Fund Total 22,500,036.09 (320,870.55) 1,354,783.90 (290,655.87) 23,243,293.57 Debt Service
Measure O 737,755.63 - 1,098,476.04 - 1,836,231.67 LID #30 34,956.79 - - - 34,956.79 2016 Refunding Lease Revenue Bond (145,421.20) 5.39 5.58 - (145,410.23) Debt Service Fund Total 627,291.22 5.39 1,098,481.62 - 1,725,778.23 Internal Service Fund
Motor Vehicle Pool 1,082,735.48 27,450.10 (58.41) (112,665.57) 997,461.60 Information Technology Pool (409,152.38) (31,989.35) (55,762.25) (496,903.98) Worker's Compensation 1,689,556.69 (28,176.42) 28,614.03 (48,385.83) 1,641,608.47 Internal Service Fund Total 2,363,139.79 (32,715.67) 28,555.62 (216,813.65) 2,142,166.09 Trust/Agency
Successor Agency 2,793,464.09 2.32 956,384.48 - 3,749,850.89 West Valley Solid Waste JPA 1,104,423.32 (15,813.74) 119,017.84 (76,903.65) 1,130,723.77 SCC Specialized Enforcement Team - - - - - Trust/Agency Fund Total 3,897,887.41 (15,811.42) 1,075,402.32 (76,903.65) 4,880,574.66 Capital Project
Capital Projects Fund (1,826,302.85) (412,994.42) - (42,441.26) (2,281,738.53) Measure O CIP Fund 22,416,570.10 (5,189,322.95) - (44,517.72) 17,182,729.43 Capital Project Fund Total 20,590,267.25 (5,602,317.37) - (86,958.98) 14,900,990.90 Total City 68,800,057.61$ (9,100,119.87)$ 9,755,384.46$ (3,698,460.66)$ 65,756,861.54$ Fund Description

5.a
Packet Pg. 22
Attachment: 2025.06 Fund Balance Report (Monthly Treasurer's Report (June 2025))

City
Council
Report

TITLE: Monthly Investment Transactions Report (June 2025)

RECOMMENDED ACTION

That the City Council review and accept the Monthly Investment Transactions Report for June 2025.

BACKGROUND

As required by California Government Code (GC) Section 53607, staff will submit to the City Council Monthly Investment Transaction Reports within 45 days of the prior month end that show a listing of investments purchased, sold, called, or reached maturity, along with any Local Agency Investment Fund (LAIF) transfers. This is in addition to the Quarterly Investment Report, which shows several other items listed under Section VII.A of the City’s Investment Policy and is also submitted to the City Council within 45 days from the end of the prior quarter.

DISCUSSION

This Monthly Investment Transaction Report covers June 2025. As shown in Attachment A, staff made $2.9 million withdrawals with the City’s main Local Agency Investment Fund (LAIF) account to manage operating cash flow. From the Measure O 2022 bond account , $1.9 million was withdrawn to cover May 2025 project expenditures. The monthly LAIF investment rate remained relatively flat at 4.269%.

Leveraging LAIF with our available liquidity , $5.8 million was deposited into the City’s main California Asset Manageme nt Program ( CAMP) account w hile $483,000 was deposited into the escrow CAMP account , representing June’s Measure K sales tax payments from the California Department of Tax and Fee Administration (CDTFA) . The current yield in CAMP was 4.40%. The City’s strategy with respect to the unrestricted money market pooled funds is to continue withdrawing from the LAIF main account while depositing into the CAMP main account until there is roughly a 50/50 split between the two. In the City’s BNY investment custodial account managed by Chandler Asset Management , $680,000 in new investments were purchased ; one (1) Agency CMBS (FHMS -4.27%) for $250,000, one (1) ABS/Asset-backed security (Hart -4.36%) for $80,000 and one US Treasury (4.08%) for $350,000. $625,000 in investments were sold; 1 (one) Agency bond - $250,000 and 1 (one) US Treasury. $84,000 in net interest, dividends, realized loss and other accruals was posted to the money market fund. The Item: 6
Category: CONSENT CALENDAR
Meeting Date: August 4, 2025
6 Packet Pg. 23
Monthly Investment Transactions Report June 2025 Page 2 of 2 average market Yield to Maturity (YTM) in the BNY / Chandler account dropped slightly to 4.04%. Although the BNY / Chandler portfolio is currently earning slightly lower than the City’s more liquid LAIF and CAMP holding , the BNY / Chandler strategy offers diversification by focusing on locking in long -term rates and anticipating that short-term LAIF and CAMP rates will eventually decrease. Consistent with the recommended FY 2024-25 Investment Strategy approved by the City Council on September 17, 2024, staff and the City’s investment advisors continue to watch for moderately long-term investment opportunities outside of LAIF , as interest rates remain high but have stabilized to provide the highest yet still safe return s, consistent with the City’s Investment Policy. Please note that all investment purchases made adhere to the City’s Investment Policy.

FISCAL IMPACT

There is no fiscal impact associated with the review and acceptance of the Monthly Investment Transactions Report.

Prepared by:

John Formale, Accountant

Reviewed by:

Will Fuentes, Finance Director

Approved by:

Brian Loventhal, City Manager

Attachment:
a. Monthly Investment Activity Report- 6.30.25
b. Chandler BNY Investment statement- 6.30.25
6 Packet Pg. 24

CITY OF CAMPBELL
Monthly Investment Transactions Report
June 1 to June 30 2025
Account Trans. Date June'25
LAIF - ******133, Main account
Average Monthly Yield 4.269%
Beginning Balance 32,517,649$
Transactions
Withdrawal 6/4/2025 (1,000,000)
Withdrawal 6/10/2025 (200,000)
Withdrawal 6/11/2025 (400,000)
Withdrawal 6/27/2025 (1,300,000)
(2,900,000)
Ending Balance 29,617,649$
Account Trans. Date June'25
LAIF - ******032, MEAS O, Series 2022
Average Monthly Yield 4.269%
Beginning Balance 15,439,374$
Transactions
Principal drawdown- MEAS May expenditures 6/16/2025 (1,913,000) (1,913,000)
Ending Balance 13,526,374$
Account Trans. Date June'25
CAMP - ******001, Regular
Average Monthly Yield 4.40%
Beginning Balance 1,300,631$
Transactions
Deposit 6/3/2025 1,700,000$
Deposit 6/17/2025 1,000,000$
Deposit 6/24/2025 1,600,000$
Deposit 6/25/2025 1,500,000$
Dividends 6/30/2025 14,596
5,814,596
Ending Balance 7,115,227$
Account Trans. Date June'25
CAMP - ******002, Meas K Sales Tax escrow
Average Monthly Yield 4.40%
Beginning Balance 7,346$
Transactions
Deposit- June sales tax receipts 6/24/2025 483,417
Dividends 6/30/2025 437
483,854
Ending Balance 491,200$
Account*** Trans. Date June'25
20,455,890.80
250,000.00
80,000.00
350,000.00
(250,000.00)
(375,000.00)
78,270.85
(1,281.92)
7,396.47
Bank of New York (BNY) - ******818
Beginning Balance
Note: Purchases listed at par value, see Chandler Monthly Statement for detail Transactions
Purchases (1)- Agency CMBS- FHMS- 4.27%
Purchases (1)- Asset-backed security- Hart- 4.36%
Purchases (1)- United States Treasury- 4.08%
Sale (1)- Agency Bond
Sale (1)- US Treasury
Interest & dividends
Real Gain/(loss)
Purchased/sold interest, Principal paydowns & other accruals Money market transfers- Net purchases/sales
(55,000)
84,385
Ending Balance 20,540,276.20
Total of all Investments
Beginning 69,720,892$
Ending 71,290,727$

6.a
Packet Pg. 25
Attachment: Monthly Investment Activity Report- 6.30.25 (Monthly Investment Transactions Report June 2025)

MONTHLY ACCOUNT STATEMENT
City of Campbell | Account #11214 | As of June 30, 2025 CHANDLER ASSET MANAGEMENT | chandlerasset.com
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:

Bank of New York Mellon

6.b
Packet Pg. 26
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 2
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Performance Review
Account Summary
Maturity Distribution
Top Issuers
Credit Quality (S&P)
Total Rate of Return** 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Since Inception (03/01/25)
City of Campbell 0.81% 1.54% -- -- -- -- -- -- --
Benchmark Return 0.74% 1.36% -- -- -- -- -- -- --
Average Modified Duration 2.58
Average Coupon 3.99%
Average Purchase YTM 4.06%
Average Market YTM 4.04%
Average Credit Quality* AA+
Average Final Maturity 3.09
Average Life 2.66
End Values as of
05/31/2025
End Values as of
06/30/2025
Market Value 20,503,050.24 20,681,866.80
Accrued Interest 182,980.50 173,105.70
Total Market Value 20,686,030.74 20,854,972.50
Income Earned 60,507.77 76,986.25
Cont/WD 0.00 0.00
Par 20,546,644.97 20,627,127.74
Book Value 20,463,560.86 20,540,867.11
Cost Value 20,464,615.32 20,540,653.98
Government of The United States 35.91%
FHLMC 10.16%
Farm Credit System 9.65%
Federal Home Loan Banks 6.00%
International Bank for Recon and Dev 2.31%
BMW Vehicle Owner Trust 1.96%
Toyota Motor Corporation 1.94%
Bank of America Corporation 1.48%
**Periods over 1 year are annualized.

Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index Secondary Benchmark:
*The average credit quality is a weighted average calculation of the highest of S&P , Moody’s and Fitch.

6.b
Packet Pg. 27
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 3
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(07/01/2024)
Beginning Book Value 20,463,560.86 16,999,954.62
Maturities/Calls 0.00 (6,000,000.00)
Principal Paydowns (8,001.76) (56,982.91)
Purchases 1,141,219.66 35,462,586.08
Sales (1,047,550.57) (25,834,461.14)
Change in Cash, Payables, Receivables (8,346.74) 377.79 Amortization/Accretion 1,193.72 597.76
Realized Gain (Loss) (1,208.06) (31,205.08)
Ending Book Value 20,540,867.11 20,540,867.11
Month to Date Fiscal Year to Date
(07/01/2024)
Beginning Market Value 20,503,050.24 16,694,837.18
Maturities/Calls 0.00 (6,000,000.00)
Principal Paydowns (8,001.76) (56,982.91)
Purchases 1,141,219.66 35,462,586.08
Sales (1,047,550.57) (25,834,461.14)
Change in Cash, Payables, Receivables (8,346.74) 377.79 Amortization/Accretion 1,193.72 597.76
Change in Net Unrealized Gain (Loss) 101,510.31 446,117.13 Realized Gain (Loss) (1,208.06) (31,205.08)
Ending Market Value 20,681,866.80 20,681,866.80
Maturities / Calls
Month to Date 0.00
Fiscal Year to Date (6,000,000.00)
Principal Paydowns
Month to Date (8,001.76)
Fiscal Year to Date (56,982.91)
Purchases
Month to Date 1,141,219.66
Fiscal Year to Date 35,462,586.08
Sales
Month to Date (1,047,550.57)
Fiscal Year to Date (25,834,461.14)
Interest Received
Month to Date 78,270.85
Fiscal Year to Date 688,100.23
Purchased / Sold Interest
Month to Date 7,396.48
Fiscal Year to Date (40,508.20)

6.b
Packet Pg. 28
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 4
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
891940AC2 TAOT 2023-A A3 4.63
09/15/2027 94,107.40 11/14/2024

4.63%
94,144.15
94,132.16
100.04

4.59%
94,149.22
193.65

0.46%

17.05 NA/AAA
AAA

2.21 0.51
362962AD4 GMALT 2025-2 A3 4.58
05/22/2028 95,000.00 05/20/2025

4.84%
94,998.42
94,998.47
100.64

4.23%
95,606.70
132.95

0.46%
608.23
NA/AAA
AAA

2.90 1.62
47800RAD5 JDOT 2024 A3 4.96 11/15/2028 200,000.00 02/20/2025

4.63%
201,203.13
201,046.25
100.92

4.29%
201,847.52
440.89

0.98%
801.27
Aaa/NA
AAA

3.38 1.27
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 400,000.00 --

4.69%
404,156.25
403,531.82
101.26

4.11%
405,043.20
345.33

1.96%
1,511.38
Aaa/AAA
NA

3.66 1.12
89239TAD4 TAOT 2024-D A3 4.4 06/15/2029 60,000.00 10/10/2024

4.51%
59,996.65
59,997.16
100.42

4.15%
60,253.07
117.33

0.29%
255.92
Aaa/AAA
NA

3.96 1.44
02589BAE0 AMXCA 2024-3 A 4.65
07/15/2027 200,000.00 02/20/2025

4.57%
200,546.88
200,465.54
101.17

4.08%
202,349.26
413.33

0.98%
1,883.72
NA/AAA
AAA

2.04 1.91
34535VAD6 FORDO 2024-D A3 4.61
08/15/2029 120,000.00 11/19/2024

4.66%
119,996.15
119,996.64
101.00

4.08%
121,200.89
245.87

0.59%
1,204.25
Aaa/NA
AAA

4.13 1.73
38014AAD3 GMCAR 2024-4 A3 4.4
08/16/2029 60,000.00 10/08/2024

4.32%
59,988.44
59,990.13
100.29

4.24%
60,172.75
110.00

0.29%
182.62
Aaa/AAA
NA

4.13 1.41
47800DAD6 JDOT 2025 A3 4.23 09/17/2029 100,000.00 03/04/2025

5.09%
99,993.71
99,994.14
100.25

4.16%
100,246.96
188.00

0.48%
252.82
Aaa/NA
AAA

4.22 2.18
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029 110,000.00 10/17/2024

4.29%
109,983.65
109,985.90
100.47

4.11%
110,517.11
209.73

0.53%
531.21
Aaa/AAA
NA

4.29 2.14
89231HAD8 TAOT 2025-B A3 4.34
11/15/2029 65,000.00 04/24/2025

4.82%
64,996.28
64,996.42
100.62

4.08%
65,399.93
125.38

0.32%
403.51
NA/AAA
AAA

4.38 2.02
44935XAD7 HART 2025-B A3 4.36
12/17/2029 80,000.00 06/03/2025

4.36%
79,992.78
79,992.87
100.64

4.09%
80,512.16
193.78

0.39%
519.29
NA/AAA
AAA

4.47 2.07
58773DAD6 MBART 2025-1 A3 4.78
12/17/2029 115,000.00 01/14/2025

4.84%
114,975.54
114,977.71
101.32

4.06%
116,519.02
244.31

0.56%
1,541.31
Aaa/NA
AAA

4.47 1.71
362955AD8 GMCAR 2025-1 A3 4.62
12/17/2029 80,000.00 01/09/2025

5.03%
79,994.06
79,994.61
100.90

4.09%
80,716.64
154.00

0.39%
722.03
Aaa/NA
AAA

4.47 1.55
02582JKP4 AMXCA 2025-2 A 4.28
04/15/2030 170,000.00 05/06/2025

4.28%
169,996.92
169,997.00
100.61

4.08%
171,039.84
323.38

0.83%
1,042.84
NA/AAA
AAA

4.79 2.58
Total ABS 1,949,107.40 4.63%
1,954,963.01
1,954,096.83
100.85

4.15%
1,965,574.27
3,437.93

9.50%
11,477.45

3.71 1.63
AGENCY

6.b
Packet Pg. 29
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 5
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3130APFH3 FEDERAL HOME LOAN BANKS

0.81 07/29/2025 250,000.00 10/29/2021

0.81%
250,000.00
250,000.00

99.72 4.36%
249,308.92
855.00

1.21%
(691.08)
Aa1/AA+
AA+

0.08 0.08
3130ANVB3 FEDERAL HOME LOAN BANKS 0.8
09/17/2025 1,000,000.00 09/17/2021

0.80%
1,000,000.00
1,000,000.00

99.23 4.47%
992,303.44
2,311.11

4.80%
(7,696.56)
Aa1/AA+
AA+

0.22 0.21
3133ENZC7 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.12 06/22/2026 1,000,000.00 06/22/2022

4.12%
1,000,000.00
1,000,000.00

99.95 4.17%
999,479.58
1,030.00

4.83%
(520.42)
Aa1/AA+
AA+

0.98 0.95
3133ENZY9 FEDERAL FARM CREDIT BANKS
FUNDING CORP 3.96 07/12/2027 1,000,000.00 07/12/2022

3.96%
1,000,000.00
1,000,000.00

99.69 4.12%
996,874.94
18,590.00

4.82%
(3,125.06)
Aa1/AA+
AA+

2.03 1.90
Total Agency 3,250,000.00 2.80%
3,250,000.00
3,250,000.00

99.63 4.26%
3,237,966.88
22,786.11

15.66%
(12,033.12)

1.00 0.95

AGENCY CMBS
3137BSRE5 FHMS K-059 A2 3.12 09/25/2026 250,000.00 11/21/2024

4.55%
243,691.41
245,817.13

98.61 4.22%
246,520.70
650.00

1.19%
703.57
Aa1/AAA
AAA

1.24 1.10
3137FJEH8 FHMS K-081 A2 3.9 08/25/2028 250,000.00 11/21/2024

4.53%
244,335.94
245,250.45

99.55 4.00%
248,864.08
812.50

1.20%
3,613.63
Aa1/AA+
AAA

3.15 2.89
3137FJKE8 FHMS K-082 A2 3.92 09/25/2028 250,000.00 06/10/2025

4.27%
246,992.19
247,038.23

99.65 3.98%
249,132.28
816.67

1.20%
2,094.05
Aa1/AA+
AAA

3.24 2.92
3137FKSH0 FHMS K-086 A2 3.859
11/25/2028 150,000.00 09/18/2024

3.82%
150,005.86
150,004.76

99.34 4.02%
149,004.90
482.38

0.72%
(999.86)
Aaa/AA+
AA+

3.41 3.09
3137FLN91 FHMS K-091 A2 3.505
03/25/2029 300,000.00 11/14/2024

4.62%
287,074.22
288,926.67

98.06 4.05%
294,181.08
876.25

1.42%
5,254.41
Aa1/AAA
AA+

3.73 3.34
3137FMCR1 FHMS K-093 A2 2.982
05/25/2029 148,909.71 10/16/2024

4.15%
141,883.04
142,958.51

96.30 4.05%
143,405.00
370.04

0.69%
446.49
Aa1/AA+
AAA

3.90 3.40
3137FNAE0 FHMS K-095 A2 2.785
06/25/2029 250,000.00 03/13/2025

4.39%
234,707.03
235,752.45

95.37 4.06%
238,423.20
580.21

1.15%
2,670.75
Aa1/AA+
AAA

3.99 3.60
3137FPHK4 FHMS K-098 A2 2.425
08/25/2029 300,000.00 10/17/2024

4.26%
276,445.31
279,848.85

93.83 4.07%
281,486.73
606.25

1.36%
1,637.88
Aa1/AA+
AAA

4.15 3.78
3137FRUJ8 FHMS K-105 A2 1.872
01/25/2030 275,000.00 03/17/2025

4.43%
244,868.16
246,643.66

90.81 4.12%
249,727.50
429.00

1.21%
3,083.84
Aa1/AA+
AAA

4.57 4.23
Total Agency CMBS 2,173,909.71 4.37%
2,070,003.16
2,082,240.71

96.73 4.07%
2,100,745.46
5,623.29

10.16%
18,504.75

3.49 3.15
CASH
CCYUSD Receivable 377.79 -- 377.79
377.79

1.00 0.00%
377.79

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00

6.b
Packet Pg. 30
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 6
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
Total Cash 377.79
377.79
377.79

1.00 0.00%
377.79

0.00 0.00%

0.00 0.00

0.00 CORPORATE
91324PEY4 UNITEDHEALTH GROUP INC 4.6
04/15/2027 240,000.00 09/18/2024

3.83%
244,346.40
242,980.66
100.60

4.25%
241,436.43
2,330.67

1.17%
(1,544.24)
A2/A+
A

1.79 1.61
437076DB5 HOME DEPOT INC 4.875
06/25/2027 225,000.00 08/12/2024

4.25%
228,663.00
227,500.94
101.58

4.04%
228,545.17
182.81

1.11%
1,044.23
A2/A
A

1.99 1.80
02665WFK2 AMERICAN HONDA FINANCE
CORP 4.9 07/09/2027 200,000.00 09/18/2024

4.03%
204,578.00
203,302.60
101.23

4.26%
202,455.80
4,682.22

0.98%
(846.80)
A3/A-
NA

2.02 1.87
78017FZQ9 ROYAL BANK OF CANADA 4.51
10/18/2027 250,000.00 11/05/2024

4.66%
249,005.00
249,224.16
100.18

3.33%
250,455.32
2,286.32

1.21%
1,231.16
A1/A
AA-

2.30 1.24
857477CP6 STATE STREET CORP 4.33
10/22/2027 250,000.00 11/07/2024

4.54%
248,537.50
248,856.32
100.51

4.09%
251,272.77
2,074.79

1.21%
2,416.45
Aa3/A
AA-

2.31 2.09
89115A3E0 TORONTO-DOMINION BANK

4.861 01/31/2028 225,000.00 01/28/2025

4.86%
225,000.00
225,000.00
101.37

4.29%
228,079.71
4,587.57

1.10%
3,079.71
A2/A-
AA-

2.59 2.36
17275RBW1 CISCO SYSTEMS INC 4.55
02/24/2028 250,000.00 03/11/2025

4.32%
251,557.50
251,392.54
101.32

4.02%
253,304.98
4,012.85

1.22%
1,912.44
A1/AA-
NA

2.65 2.36
00287YDY2 ABBVIE INC 4.65 03/15/2028 125,000.00 02/18/2025

4.70%
124,833.75
124,852.42
101.51

4.05%
126,889.76
2,018.23

0.61%
2,037.33
A3/A-
NA

2.71 2.41
06406RBG1 BANK OF NEW YORK MELLON
CORP 3.992 06/13/2028 225,000.00 09/05/2024

4.31%
223,128.00
223,680.33

99.65 4.63%
224,202.92
449.10

1.08%
522.59
Aa3/A
AA-

2.96 1.85
46647PDG8 JPMORGAN CHASE & CO 4.851
07/25/2028 150,000.00 08/12/2024

4.62%
150,933.00
150,653.79
101.04

4.96%
151,563.74
3,153.15

0.73%
909.94
A1/A
AA-

3.07 1.91
46647PEU6 JPMORGAN CHASE & CO 4.915
01/24/2029 115,000.00 01/16/2025

4.92%
115,000.00
115,000.00
101.34

4.58%
116,544.28
2,465.01

0.56%
1,544.28
A1/A
AA-

3.57 2.34
06051GMK2 BANK OF AMERICA CORP 4.979
01/24/2029 150,000.00 01/17/2025

4.98%
150,000.00
150,000.00
101.43

4.61%
152,139.58
3,257.10

0.74%
2,139.58
A1/A-
AA-

3.57 2.34
06368MJG0 BANK OF MONTREAL 5.004
01/27/2029 100,000.00 01/22/2025

5.01%
100,000.00
100,000.00
101.62

4.53%
101,619.27
2,140.60

0.49%
1,619.27
A2/A-
AA-

3.58 2.35
91159HJK7 US BANCORP 4.653 02/01/2029 200,000.00 09/05/2024

4.47%
201,116.00
200,848.45
100.65

4.72%
201,297.45
3,877.50

0.97%
449.00
A3/A
A

3.59 2.37
06051GLG2 BANK OF AMERICA CORP 5.202
04/25/2029 150,000.00 08/12/2024

4.69%
152,550.00
151,942.23
102.20

4.77%
153,294.30
1,430.55

0.74%
1,352.07
A1/A-
AA-

3.82 2.58
24422EXT1 JOHN DEERE CAPITAL CORP 4.85
06/11/2029 225,000.00 08/12/2024

4.40%
229,338.00
228,545.69
102.46

4.17%
230,531.60
606.25

1.11%
1,985.90
A1/A
A+

3.95 3.56

6.b
Packet Pg. 31
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 7
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
89236TMK8 TOYOTA MOTOR CREDIT CORP

4.55 08/09/2029 225,000.00 08/12/2024

4.49%
225,567.00
225,466.79
100.80

4.33%
226,803.74
4,038.13

1.10%
1,336.94
A1/A+
A+

4.11 3.65
532457CQ9 ELI LILLY AND CO 4.2 08/14/2029 235,000.00 08/12/2024

4.22%
234,769.70
234,810.19
100.35

4.10%
235,834.11
3,756.08

1.14%
1,023.92
Aa3/A+
NA

4.12 3.62
26442CAY0 DUKE ENERGY CAROLINAS LLC

2.45 08/15/2029 250,000.00 12/18/2024

4.72%
226,517.50
229,197.27

93.27 4.25%
233,182.12
2,313.89

1.13%
3,984.85
Aa3/A
NA

4.13 3.82
14913UAU4 CATERPILLAR FINANCIAL
SERVICES CORP 4.7 11/15/2029 250,000.00 11/12/2024

4.74%
249,592.50
249,643.38
101.85

4.23%
254,613.14
1,501.39

1.23%
4,969.76
A2/A
A+

4.38 3.90
89236TNA9 TOYOTA MOTOR CREDIT CORP

4.95 01/09/2030 170,000.00 01/06/2025

5.00%
169,636.20
169,670.67
102.26

4.39%
173,846.26
4,020.50

0.84%
4,175.59
A1/A+
A+

4.53 3.93
63743HFX5

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

4.95 02/07/2030
250,000.00 02/20/2025

4.90%
250,550.00
250,509.85
102.28

4.40%
255,709.62
4,950.00

1.24%
5,199.76
A2/NA
A

4.61 3.94
571748CA8

MARSH & MCLENNAN
COMPANIES INC 4.65
03/15/2030
250,000.00 03/24/2025

4.67%
249,755.00
249,768.22
101.13

4.38%
252,819.51
3,422.92

1.22%
3,051.29
A3/A-
A-

4.71 4.07
931142FN8 WALMART INC 4.35 04/28/2030 185,000.00 04/23/2025

4.39%
184,679.95
184,691.17
101.15

4.09%
187,118.26
1,408.31

0.90%
2,427.10
Aa2/AA
AA

4.83 4.22
69371RT71 PACCAR FINANCIAL CORP 4.55
05/08/2030 230,000.00 05/05/2025

4.59%
229,643.50
229,654.04
101.26

4.26%
232,902.25
1,540.68

1.13%
3,248.21
A1/A+
NA

4.85 4.29
Total Corporate 5,125,000.00 4.54%
5,119,297.50
5,117,191.72
100.84

4.27%
5,166,462.06
66,506.61

24.98%
49,270.34

3.46 2.86

MONEY MARKET
FUND
X9USDDGCM DREYFUS GVT CM INST 98,732.84 --

4.21%
98,732.84
98,732.84

1.00 4.21%
98,732.84

0.00 0.48%

0.00 Aaa/
AAAm
NA

0.00 0.00
Total Money
Market Fund 98,732.84 4.21%
98,732.84
98,732.84

1.00 4.21%
98,732.84

0.00 0.48%

0.00 0.00

0.00 MUNICIPAL
BONDS
13063EGT7 CALIFORNIA STATE 4.5
08/01/2029 205,000.00 10/30/2024

4.38%
206,080.35
205,931.72
101.77

4.02%
208,637.73
3,843.75

1.01%
2,706.00
Aa2/AA-
AA

4.09 3.64

6.b
Packet Pg. 32
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 8
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
Total Municipal
Bonds 205,000.00 4.38%
206,080.35
205,931.72
101.77

4.02%
208,637.73
3,843.75

1.01%
2,706.00

4.09 3.64

SUPRANATIONAL
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
350,000.00 12/13/2024

4.29%
343,689.50
344,393.84
100.24

3.81%
350,822.70
2,825.52

1.70%
6,428.86
Aaa/AAA
NA

4.30 3.89
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
125,000.00 03/14/2025

4.20%
124,553.75
124,578.92
101.23

3.84%
126,531.37
1,446.61

0.61%
1,952.45
Aaa/AAA
NA

4.72 4.21
Total
Supranational 475,000.00 4.27%
468,243.25
468,972.77
100.50

3.82%
477,354.07
4,272.14

2.31%
8,381.30

4.41 3.98

US TREASURY
91282CGR6 UNITED STATES TREASURY 4.625
03/15/2026 350,000.00 08/20/2024

4.14%
352,542.97
351,144.56
100.35

4.11%
351,233.89
4,750.68

1.70%

89.33 Aa1/AA+
AA+

0.71 0.68
91282CJC6 UNITED STATES TREASURY 4.625
10/15/2026 375,000.00 08/30/2024

3.90%
380,507.81
378,343.01
100.89

3.91%
378,339.84
3,648.82

1.83%
(3.17)
Aa1/AA+
AA+

1.29 1.23
91282CKE0 UNITED STATES TREASURY 4.25
03/15/2027 350,000.00 08/20/2024

3.86%
353,322.27
352,207.75
100.76

3.78%
352,652.34
4,365.49

1.71%
444.59
Aa1/AA+
AA+

1.71 1.61
91282CKZ3 UNITED STATES TREASURY 4.375
07/15/2027 375,000.00 08/08/2024

3.91%
379,804.69
378,340.83
101.25

3.73%
379,672.85
7,568.63

1.84%
1,332.02
Aa1/AA+
AA+

2.04 1.90
91282CFM8 UNITED STATES TREASURY 4.125
09/30/2027 350,000.00 10/31/2024

4.17%
349,521.48
349,630.42
100.91

3.70%
353,185.55
3,629.10

1.71%
3,555.13
Aa1/AA+
AA+

2.25 2.11
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028 375,000.00 08/08/2024

3.87%
376,552.73
376,163.05
100.76

3.70%
377,841.80
5,013.59

1.83%
1,678.74
Aa1/AA+
AA+

2.67 2.48
91282CHK0 UNITED STATES TREASURY 4.0
06/30/2028 350,000.00 08/20/2024

3.76%
353,007.81
352,337.51
100.86

3.69%
353,007.81

38.04 1.71%
670.30
Aa1/AA+
AA+

3.00 2.80
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 375,000.00 08/08/2024

3.85%
389,765.63
386,648.02
103.59

3.72%
388,476.75
3,079.99

1.88%
1,828.73
Aa1/AA+
AA+

3.34 3.04
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 375,000.00 11/26/2024

4.21%
375,585.94
375,504.50
101.76

3.73%
381,606.45
5,326.94

1.85%
6,101.95
Aa1/AA+
AA+

3.67 3.33
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 350,000.00 11/18/2024

4.31%
347,498.05
347,849.86
101.35

3.73%
354,730.47
3,629.10

1.72%
6,880.60
Aa1/AA+
AA+

3.75 3.42
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 375,000.00 08/08/2024

3.84%
387,583.01
385,205.00
103.13

3.74%
386,718.75
2,922.04

1.87%
1,513.75
Aa1/AA+
AA+

3.83 3.47

6.b
Packet Pg. 33
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 9
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CEV9 UNITED STATES TREASURY 3.25
06/30/2029 350,000.00 11/18/2024

4.31%
334,591.80
336,641.35

98.17 3.75%
343,601.56

30.91 1.66%
6,960.22
Aa1/AA+
AA+

4.00 3.71
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 350,000.00 08/20/2024

3.70%
354,634.77
353,828.50
100.93

3.75%
353,267.58
5,839.78

1.71%
(560.92)
Aa1/AA+
AA+

4.08 3.68
91282CLK5 UNITED STATES TREASURY 3.625
08/31/2029 400,000.00 --

3.60%
400,687.50
400,460.85

99.50 3.75%
398,015.62
4,846.47

1.92%
(2,445.22)
Aa1/AA+
AA+

4.17 3.79
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 400,000.00 --

4.09%
389,617.18
390,947.07

98.99 3.76%
395,968.75
3,519.13

1.91%
5,021.68
Aa1/AA+
AA+

4.25 3.88
91282CLR0 UNITED STATES TREASURY 4.125
10/31/2029 400,000.00 --

4.33%
396,388.68
396,807.56
101.43

3.76%
405,718.75
2,779.89

1.96%
8,911.19
Aa1/AA+
AA+

4.34 3.91
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 400,000.00 12/11/2024

4.09%
400,546.88
400,486.28
101.47

3.76%
405,875.20
1,397.54

1.96%
5,388.92
Aa1/AA+
AA+

4.42 4.00
91282CMD0 UNITED STATES TREASURY 4.375
12/31/2029 400,000.00 --

4.45%
398,679.69
398,800.81
102.48

3.77%
409,921.88

47.55 1.98%
11,121.06
Aa1/AA+
AA+

4.50 4.06
91282CMU2 UNITED STATES TREASURY 4.0
03/31/2030 300,000.00 04/07/2025

3.75%
303,375.00
303,219.06
100.93

3.78%
302,789.06
3,016.39

1.46%
(430.00)
Aa1/AA+
AA+

4.75 4.25
91282CNG2 UNITED STATES TREASURY 4.0
05/31/2030 350,000.00 06/09/2025

4.08%
348,742.19
348,756.74
100.97

3.78%
353,390.80
1,185.79

1.71%
4,634.06
Aa1/AA+
AA+

4.92 4.42
Total US Treasury 7,350,000.00 4.01%
7,372,956.08
7,363,322.73
101.05

3.77%
7,426,015.70
66,635.88

35.91%
62,692.97

3.40 3.10
Total Portfolio 20,627,127.74 4.06%
20,540,653.98
20,540,867.11

99.83 4.04%
20,681,866.80
173,105.70
100.00%
140,999.69

3.09 2.58
Total Market Value
+ Accrued 20,854,972.50

6.b
Packet Pg. 34
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 10
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 06/02/2025 X9USDDGCM 8,250.00 DREYFUS GVT CM INST 1.000 4.21% (8,250.00) 0.00 (8,250.00) 0.00 Purchase 06/03/2025 X9USDDGCM 474.53 DREYFUS GVT CM INST 1.000 4.19% (474.53) 0.00 (474.53) 0.00 Purchase 06/06/2025 X9USDDGCM 382,483.75 DREYFUS GVT CM INST 1.000 4.16% (382,483.75) 0.00 (382,483.75) 0.00 Purchase 06/10/2025 91282CNG2 350,000.00 UNITED STATES TREASURY

4.0 05/31/2030 99.641 4.08% (348,742.19) (382.51) (349,124.70) 0.00 Purchase 06/11/2025 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 99.991 4.36% (79,992.78) 0.00 (79,992.78) 0.00 Purchase 06/13/2025 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 98.797 4.27% (246,992.19) (326.67) (247,318.86) 0.00 Purchase 06/13/2025 X9USDDGCM 9,458.02 DREYFUS GVT CM INST 1.000 4.17% (9,458.02) 0.00 (9,458.02) 0.00 Purchase 06/13/2025 X9USDDGCM 4,491.00 DREYFUS GVT CM INST 1.000 4.17% (4,491.00) 0.00 (4,491.00) 0.00 Purchase 06/16/2025 X9USDDGCM 575.53 DREYFUS GVT CM INST 1.000 4.17% (575.53) 0.00 (575.53) 0.00 Purchase 06/16/2025 X9USDDGCM 5,289.69 DREYFUS GVT CM INST 1.000 4.17% (5,289.69) 0.00 (5,289.69) 0.00 Purchase 06/20/2025 X9USDDGCM 253.81 DREYFUS GVT CM INST 1.000 4.18% (253.81) 0.00 (253.81) 0.00 Purchase 06/23/2025 X9USDDGCM 20,600.00 DREYFUS GVT CM INST 1.000 4.16% (20,600.00) 0.00 (20,600.00) 0.00 Purchase 06/25/2025 X9USDDGCM 160.60 DREYFUS GVT CM INST 1.000 (160.60) 0.00 (160.60) 0.00 Purchase 06/25/2025 X9USDDGCM 12,018.07 DREYFUS GVT CM INST 1.000 (12,018.07) 0.00 (12,018.07) 0.00 Purchase 06/30/2025 X9USDDGCM 21,437.50 DREYFUS GVT CM INST 1.000 4.21% (21,437.50) 0.00 (21,437.50) 0.00 Total Purchase 1,145,492.50 (1,141,219.66) (709.18) (1,141,928.84) 0.00 TOTAL
ACQUISITIONS 1,145,492.50 (1,141,219.66) (709.18) (1,141,928.84) 0.00

DISPOSITIONS
Sale 06/06/2025 91282CHH7 (375,000.00) UNITED STATES TREASURY

4.125 06/15/2026 100.035 4.10% 375,131.84 (7,351.91) 382,483.75 34.44 Sale 06/10/2025 X9USDDGCM (349,124.70) DREYFUS GVT CM INST 1.000 4.17% 349,124.70 0.00 349,124.70 0.00 Sale 06/11/2025 X9USDDGCM (29,794.42) DREYFUS GVT CM INST 1.000 4.17% 29,794.42 0.00 29,794.42 0.00 Sale 06/11/2025 X9USDDGCM (44,742.11) DREYFUS GVT CM INST 1.000 4.17% 44,742.11 0.00 44,742.11 0.00 Sale 06/13/2025 3130APFH3 (250,000.00) FEDERAL HOME LOAN BANKS 0.81 07/29/2025 99.503 0.81% 248,757.50 (753.75) 249,511.25 (1,242.50) Total Sale (1,048,661.23) 1,047,550.57 (8,105.66) 1,055,656.23 (1,208.06)

6.b
Packet Pg. 35
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 11
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
TOTAL
DISPOSITIONS (1,048,661.23) 1,047,550.57 (8,105.66) 1,055,656.23 (1,208.06) OTHER

TRANSACTIONS
Coupon 06/01/2025 3137FLN91 0.00 FHMS K-091 A2 3.505
03/25/2029 4.62% 876.25 0.00 876.25 0.00
Coupon 06/01/2025 3137BSRE5 0.00 FHMS K-059 A2 3.12
09/25/2026 4.55% 650.00 0.00 650.00 0.00
Coupon 06/01/2025 3137FJEH8 0.00 FHMS K-081 A2 3.9
08/25/2028 4.53% 812.50 0.00 812.50 0.00
Coupon 06/01/2025 3137FRUJ8 0.00 FHMS K-105 A2 1.872
01/25/2030 4.43% 429.00 0.00 429.00 0.00
Coupon 06/01/2025 3137FNAE0 0.00 FHMS K-095 A2 2.785
06/25/2029 4.39% 580.21 0.00 580.21 0.00
Coupon 06/01/2025 3137FPHK4 0.00 FHMS K-098 A2 2.425
08/25/2029 4.26% 606.25 0.00 606.25 0.00
Coupon 06/01/2025 3137FMCR1 0.00 FHMS K-093 A2 2.982
05/25/2029 4.15% 370.44 0.00 370.44 0.00
Coupon 06/01/2025 3137FKSH0 0.00 FHMS K-086 A2 3.859
11/25/2028 3.82% 482.37 0.00 482.37 0.00
Coupon 06/11/2025 24422EXT1 0.00 JOHN DEERE CAPITAL
CORP 4.85 06/11/2029 4.40% 5,456.25 0.00 5,456.25 0.00
Coupon 06/13/2025 06406RBG1 0.00

BANK OF NEW YORK
MELLON CORP 3.992
06/13/2028

4.31% 4,491.00 0.00 4,491.00 0.00
Coupon 06/15/2025 47800DAD6 0.00 JDOT 2025 A3 4.23
09/17/2029 5.09% 352.50 0.00 352.50 0.00
Coupon 06/15/2025 58773DAD6 0.00 MBART 2025-1 A3 4.78
12/17/2029 4.84% 458.08 0.00 458.08 0.00
Coupon 06/15/2025 89231HAD8 0.00 TAOT 2025-B A3 4.34
11/15/2029 4.82% 235.08 0.00 235.08 0.00

6.b
Packet Pg. 36
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 12
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 06/15/2025 34535VAD6 0.00 FORDO 2024-D A3 4.61
08/15/2029 4.66% 461.00 0.00 461.00 0.00
Coupon 06/15/2025 47800RAD5 0.00 JDOT 2024 A3 4.96
11/15/2028 4.63% 826.67 0.00 826.67 0.00
Coupon 06/15/2025 891940AC2 0.00 TAOT 2023-A A3 4.63
09/15/2027 4.63% 393.35 0.00 393.35 0.00
Coupon 06/15/2025 02589BAE0 0.00 AMXCA 2024-3 A 4.65
07/15/2027 4.57% 775.00 0.00 775.00 0.00
Coupon 06/15/2025 89239TAD4 0.00 TAOT 2024-D A3 4.4
06/15/2029 4.51% 220.00 0.00 220.00 0.00
Coupon 06/15/2025 92970QAE5 0.00 WFCIT 2024-2 A 4.29
10/15/2029 4.29% 393.25 0.00 393.25 0.00
Coupon 06/15/2025 02582JKP4 0.00 AMXCA 2025-2 A 4.28
04/15/2030 4.28% 646.76 0.00 646.76 0.00
Coupon 06/16/2025 362955AD8 0.00 GMCAR 2025-1 A3 4.62
12/17/2029 5.03% 308.00 0.00 308.00 0.00
Coupon 06/16/2025 38014AAD3 0.00 GMCAR 2024-4 A3 4.4
08/16/2029 4.32% 220.00 0.00 220.00 0.00
Coupon 06/20/2025 362962AD4 0.00 GMALT 2025-2 A3 4.58
05/22/2028 4.84% 253.81 0.00 253.81 0.00
Coupon 06/22/2025 3133ENZC7 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

4.12 06/22/2026

4.12% 20,600.00 0.00 20,600.00 0.00
Coupon 06/25/2025 096919AD7 0.00 BMWOT 2024-A A3 5.18
02/26/2029 4.69% 1,726.67 0.00 1,726.67 0.00
Coupon 06/25/2025 437076DB5 0.00 HOME DEPOT INC 4.875
06/25/2027 4.25% 5,484.38 0.00 5,484.38 0.00
Coupon 06/30/2025 91282CMD0 0.00 UNITED STATES TREASURY

4.375 12/31/2029 4.45% 3,281.25 0.00 3,281.25 0.00
Coupon 06/30/2025 91282CMD0 0.00 UNITED STATES TREASURY

4.375 12/31/2029 4.45% 5,468.75 0.00 5,468.75 0.00
Coupon 06/30/2025 91282CEV9 0.00 UNITED STATES TREASURY

3.25 06/30/2029 4.31% 5,687.50 0.00 5,687.50 0.00

6.b
Packet Pg. 37
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 13
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 06/30/2025 91282CHK0 0.00 UNITED STATES TREASURY

4.0 06/30/2028 3.76% 7,000.00 0.00 7,000.00 0.00
Total Coupon 0.00 69,546.32 0.00 69,546.32 0.00
Principal Paydown 06/01/2025 3137FMCR1 160.60 FHMS K-093 A2 2.982 05/25/2029 4.15% 160.60 -- 160.60 (0.00)
Principal Paydown 06/15/2025 891940AC2 7,841.16 TAOT 2023-A A3 4.63 09/15/2027 4.63% 7,841.16 -- 7,841.16 0.00
Total Principal
Paydown 8,001.76 8,001.76 -- 8,001.76 (0.00)

TOTAL OTHER
TRANSACTIONS 8,001.76 77,548.08 0.00 77,548.08 (0.00)

6.b
Packet Pg. 38
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 14
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH & EQUIVALENTS
CCYUSD Receivable
377.79
8,724.53

0.00 0.00
377.79

0.00 0.00

0.00 X9USDDGCM DREYFUS GVT CM INST
98,732.84
56,901.57
465,492.50
(423,661.23)
98,732.84

0.00 474.53

0.00 0.00

0.00 474.53
474.53
Total Cash & Equivalents 99,110.63
65,626.10
465,492.50
(423,661.23)
99,110.63

0.00 474.53

0.00 0.00

0.00 474.53 474.53

FIXED INCOME
00287YDY2 ABBVIE INC 4.65 03/15/2028
02/18/2025
02/26/2025
125,000.00
124,847.94

0.00 0.00
124,852.42
1,533.85

0.00 2,018.23
484.38

4.48 0.00

4.48 488.86
488.86
02582JKP4 AMXCA 2025-2 A 4.28
04/15/2030
05/06/2025
05/13/2025
170,000.00
169,996.95

0.00 0.00
169,997.00
363.80
646.76
323.38
606.34

0.05 0.00

0.05 606.39
606.39
02589BAE0 AMXCA 2024-3 A 4.65
07/15/2027
02/20/2025
02/21/2025
200,000.00
200,484.31

0.00 0.00
200,465.54
413.33
775.00
413.33
775.00

0.00 (18.77)
(18.77)
756.23
756.23
02665WFK2 AMERICAN HONDA FINANCE
CORP 4.9 07/09/2027
09/18/2024
09/19/2024
200,000.00
203,436.86

0.00 0.00
203,302.60
3,865.56

0.00 4,682.22
816.67

0.00 (134.25)
(134.25)
682.41
682.41
06051GLG2 BANK OF AMERICA CORP

5.202 04/25/2029
08/12/2024
08/13/2024
150,000.00
151,998.85

0.00 0.00
151,942.23
780.30

0.00 1,430.55
650.25

0.00 (56.62)
(56.62)
593.63
593.63

6.b
Packet Pg. 39
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 15
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

4.979 01/24/2029
01/17/2025
01/24/2025
150,000.00
150,000.00

0.00 0.00
150,000.00
2,634.72

0.00 3,257.10
622.38

0.00 0.00

0.00 622.38
622.38
06368MJG0 BANK OF MONTREAL 5.004
01/27/2029
01/22/2025
01/27/2025
100,000.00
100,000.00

0.00 0.00
100,000.00
1,723.60

0.00 2,140.60
417.00

0.00 0.00

0.00 417.00
417.00
06406RBG1 BANK OF NEW YORK MELLON
CORP 3.992 06/13/2028
09/05/2024
09/06/2024
225,000.00
223,624.73

0.00 0.00
223,680.33
4,191.60
4,491.00
449.10
748.50

55.60 0.00

55.60 804.10
804.10
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 400,000.00
403,637.99

0.00 0.00
403,531.82
345.33
1,726.67
345.33
1,726.67

0.00 (106.17)
(106.17)
1,620.50
1,620.50
13063EGT7 CALIFORNIA STATE 4.5
08/01/2029
10/30/2024
11/05/2024
205,000.00
205,950.46

0.00 0.00
205,931.72
3,075.00

0.00 3,843.75
768.75

0.00 (18.73)
(18.73)
750.02
750.02
14913UAU4

CATERPILLAR FINANCIAL
SERVICES CORP 4.7
11/15/2029
11/12/2024
11/15/2024
250,000.00
249,636.69

0.00 0.00
249,643.38
522.22

0.00 1,501.39
979.17

6.70 0.00

6.70 985.86
985.86
17275RBW1 CISCO SYSTEMS INC 4.55
02/24/2028
03/11/2025
03/12/2025
250,000.00
251,437.12

0.00 0.00
251,392.54
3,064.93

0.00 4,012.85
947.92

0.00 (44.58)
(44.58)
903.33
903.33
24422EXT1 JOHN DEERE CAPITAL CORP

4.85 06/11/2029
08/12/2024
08/13/2024
225,000.00
228,619.51

0.00 0.00
228,545.69
5,153.13
5,456.25
606.25
909.38

0.00 (73.82)
(73.82)
835.56
835.56
26442CAY0 DUKE ENERGY CAROLINAS
LLC 2.45 08/15/2029
12/18/2024
12/19/2024
250,000.00
228,782.87

0.00 0.00
229,197.27
1,803.47

0.00 2,313.89
510.42
414.40

0.00 414.40
924.81
924.81

6.b
Packet Pg. 40
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 16
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

0.8 09/17/2025
09/17/2021
09/17/2021
1,000,000.00
1,000,000.00

0.00 0.00
1,000,000.00
1,644.44

0.00 2,311.11
666.67

0.00 0.00

0.00 666.67
666.67
3130APFH3 FEDERAL HOME LOAN BANKS

0.81 07/29/2025
10/29/2021
10/29/2021
250,000.00
500,000.00

0.00 (250,000.00)
250,000.00
1,372.50
753.75
855.00
236.25

0.00 0.00

0.00 236.25
236.25
3133ENZC7

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.12
06/22/2026
06/22/2022
06/22/2022
1,000,000.00
1,000,000.00

0.00 0.00
1,000,000.00
18,196.67
20,600.00
1,030.00
3,433.33

0.00 0.00

0.00 3,433.33
3,433.33
3133ENZY9

FEDERAL FARM CREDIT
BANKS FUNDING CORP 3.96
07/12/2027
07/12/2022
07/12/2022
1,000,000.00
1,000,000.00

0.00 0.00
1,000,000.00
15,290.00

0.00 18,590.00
3,300.00

0.00 0.00

0.00 3,300.00
3,300.00
3137BSRE5 FHMS K-059 A2 3.12
09/25/2026
11/21/2024
11/26/2024
250,000.00
245,523.25

0.00 0.00
245,817.13
650.00
650.00
650.00
650.00
293.88

0.00 293.88
943.88
943.88
3137FJEH8 FHMS K-081 A2 3.9
08/25/2028
11/21/2024
11/26/2024
250,000.00
245,124.02

0.00 0.00
245,250.45
812.50
812.50
812.50
812.50
126.43

0.00 126.43
938.93
938.93
3137FJKE8 FHMS K-082 A2 3.92
09/25/2028
06/10/2025
06/13/2025
250,000.00

0.00 246,992.19

0.00 247,038.23

0.00 (326.67)
816.67
490.00

46.04 0.00

46.04 536.03
536.03
3137FKSH0 FHMS K-086 A2 3.859
11/25/2028
09/18/2024
09/23/2024
150,000.00
150,004.88

0.00 0.00
150,004.76
482.38
482.37
482.38
482.37

0.00 (0.12)
(0.12)
482.25
482.25
3137FLN91 FHMS K-091 A2 3.505
03/25/2029
11/14/2024
11/19/2024
300,000.00
288,678.57

0.00 0.00
288,926.67
876.25
876.25
876.25
876.25
248.10

0.00 248.10
1,124.35
1,124.35

6.b
Packet Pg. 41
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 17
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

0.00 (160.60)
142,958.51
370.44
370.44
370.04
370.04
134.08

0.00 134.08
504.12
504.12
3137FNAE0 FHMS K-095 A2 2.785
06/25/2029
03/13/2025
03/18/2025
250,000.00
235,453.76

0.00 0.00
235,752.45
580.21
580.21
580.21
580.21
298.69

0.00 298.69
878.90
878.90
3137FPHK4 FHMS K-098 A2 2.425
08/25/2029
10/17/2024
10/22/2024
300,000.00
279,443.67

0.00 0.00
279,848.85
606.25
606.25
606.25
606.25
405.18

0.00 405.18
1,011.43
1,011.43
3137FRUJ8 FHMS K-105 A2 1.872
01/25/2030
03/17/2025
03/20/2025
275,000.00
246,126.53

0.00 0.00
246,643.66
429.00
429.00
429.00
429.00
517.14

0.00 517.14
946.14
946.14
34535VAD6 FORDO 2024-D A3 4.61
08/15/2029
11/19/2024
11/22/2024
120,000.00
119,996.58

0.00 0.00
119,996.64
245.87
461.00
245.87
461.00

0.07 0.00

0.07 461.07
461.07
362955AD8 GMCAR 2025-1 A3 4.62
12/17/2029
01/09/2025
01/15/2025
80,000.00
79,994.51

0.00 0.00
79,994.61
154.00
308.00
154.00
308.00

0.10 0.00

0.10 308.10
308.10
362962AD4 GMALT 2025-2 A3 4.58
05/22/2028
05/20/2025
05/29/2025
95,000.00
94,998.42

0.00 0.00
94,998.47

24.17 253.81
132.95
362.59

0.04 0.00

0.04 362.63
362.63
38014AAD3 GMCAR 2024-4 A3 4.4
08/16/2029
10/08/2024
10/16/2024
60,000.00
59,989.93

0.00 0.00
59,990.13
110.00
220.00
110.00
220.00

0.20 0.00

0.20 220.20
220.20
437076DB5 HOME DEPOT INC 4.875
06/25/2027
08/12/2024
08/13/2024
225,000.00
227,609.21

0.00 0.00
227,500.94
4,753.13
5,484.38
182.81
914.07

0.00 (108.27)
(108.27)
805.80
805.80

6.b
Packet Pg. 42
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 18
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

0.00 79,992.78

0.00 79,992.87

0.00 0.00
193.78
193.78

0.09 0.00

0.09 193.87
193.87
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
12/13/2024
12/16/2024
350,000.00
344,286.58

0.00 0.00
344,393.84
1,695.31

0.00 2,825.52
1,130.21
107.26

0.00 107.26
1,237.47
1,237.47
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
03/14/2025
03/20/2025
125,000.00
124,571.59

0.00 0.00
124,578.92
1,016.93

0.00 1,446.61
429.69

7.33 0.00

7.33 437.02
437.02
46647PDG8 JPMORGAN CHASE & CO

4.851 07/25/2028
08/12/2024
08/13/2024
150,000.00
150,679.81

0.00 0.00
150,653.79
2,546.78

0.00 3,153.15
606.38

0.00 (26.01)
(26.01)
580.36
580.36
46647PEU6 JPMORGAN CHASE & CO

4.915 01/24/2029
01/16/2025
01/24/2025
115,000.00
115,000.00

0.00 0.00
115,000.00
1,993.99

0.00 2,465.01
471.02

0.00 0.00

0.00 471.02
471.02
47800DAD6 JDOT 2025 A3 4.23
09/17/2029
03/04/2025
03/11/2025
100,000.00
99,994.02

0.00 0.00
99,994.14
188.00
352.50
188.00
352.50

0.11 0.00

0.11 352.61
352.61
47800RAD5 JDOT 2024 A3 4.96
11/15/2028
02/20/2025
02/21/2025
200,000.00
201,082.46

0.00 0.00
201,046.25
440.89
826.67
440.89
826.67

0.00 (36.20)
(36.20)
790.47
790.47
532457CQ9 ELI LILLY AND CO 4.2
08/14/2029
08/12/2024
08/14/2024
235,000.00
234,806.40

0.00 0.00
234,810.19
2,933.58

0.00 3,756.08
822.50

3.78 0.00

3.78 826.28
826.28
571748CA8

MARSH & MCLENNAN
COMPANIES INC 4.65
03/15/2030
03/24/2025
03/25/2025
250,000.00
249,764.17

0.00 0.00
249,768.22
2,454.17

0.00 3,422.92
968.75

4.05 0.00

4.05 972.80
972.80

6.b
Packet Pg. 43
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 19
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

0.00 0.00
114,977.71
244.31
458.08
244.31
458.08

0.41 0.00

0.41 458.49
458.49
63743HFX5

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

4.95 02/07/2030
02/20/2025
02/21/2025
250,000.00
250,519.12

0.00 0.00
250,509.85
3,918.75

0.00 4,950.00
1,031.25

0.00 (9.26)
(9.26)
1,021.99
1,021.99
69371RT71 PACCAR FINANCIAL CORP

4.55 05/08/2030
05/05/2025
05/08/2025
230,000.00
229,648.19

0.00 0.00
229,654.04
668.60

0.00 1,540.68
872.08

5.86 0.00

5.86 877.94
877.94
78017FZQ9 ROYAL BANK OF CANADA

4.51 10/18/2027
11/05/2024
11/06/2024
250,000.00
249,196.42

0.00 0.00
249,224.16
1,346.74

0.00 2,286.32
939.58

27.74 0.00

27.74 967.32
967.32
857477CP6 STATE STREET CORP 4.33
10/22/2027
11/07/2024
11/08/2024
250,000.00
248,815.62

0.00 0.00
248,856.32
1,172.71

0.00 2,074.79
902.08

40.70 0.00

40.70 942.78
942.78
89115A3E0 TORONTO-DOMINION BANK

4.861 01/31/2028
01/28/2025
01/31/2025
225,000.00
225,000.00

0.00 0.00
225,000.00
3,676.13

0.00 4,587.57
911.44

0.00 0.00

0.00 911.44
911.44
891940AC2 TAOT 2023-A A3 4.63
09/15/2027
11/14/2024
11/15/2024
94,107.40
101,977.10

0.00 (7,841.16)
94,132.16
209.79
393.35
193.65
377.21

0.00 (3.77)
(3.77)
373.44
373.44
89231HAD8 TAOT 2025-B A3 4.34
11/15/2029
04/24/2025
04/30/2025
65,000.00
64,996.35

0.00 0.00
64,996.42
125.38
235.08
125.38
235.08

0.07 0.00

0.07 235.15
235.15
89236TMK8 TOYOTA MOTOR CREDIT
CORP 4.55 08/09/2029
08/12/2024
08/13/2024
225,000.00
225,476.13

0.00 0.00
225,466.79
3,185.00

0.00 4,038.13
853.13

0.00 (9.34)
(9.34)
843.79
843.79

6.b
Packet Pg. 44
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 20
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

0.00 0.00
169,670.67
3,319.25

0.00 4,020.50
701.25

5.98 0.00

5.98 707.23
707.23
89239TAD4 TAOT 2024-D A3 4.4
06/15/2029
10/10/2024
10/17/2024
60,000.00
59,997.10

0.00 0.00
59,997.16
117.33
220.00
117.33
220.00

0.06 0.00

0.06 220.06
220.06
91159HJK7 US BANCORP 4.653
02/01/2029
09/05/2024
09/06/2024
200,000.00
200,875.38

0.00 0.00
200,848.45
3,102.00

0.00 3,877.50
775.50

0.00 (26.93)
(26.93)
748.57
748.57
91282CEV9 UNITED STATES TREASURY

3.25 06/30/2029
11/18/2024
11/19/2024
350,000.00
336,366.85

0.00 0.00
336,641.35
4,776.24
5,687.50

30.91 942.17
274.49

0.00 274.49
1,216.66
1,216.66
91282CFM8 UNITED STATES TREASURY

4.125 09/30/2027
10/31/2024
11/01/2024
350,000.00
349,616.91

0.00 0.00
349,630.42
2,445.70

0.00 3,629.10
1,183.40

13.50 0.00

13.50 1,196.91
1,196.91
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028
08/08/2024
08/09/2024
375,000.00
376,198.91

0.00 0.00
376,163.05
3,790.76

0.00 5,013.59
1,222.83

0.00 (35.86)
(35.86)
1,186.97
1,186.97
91282CGR6 UNITED STATES TREASURY

4.625 03/15/2026
08/20/2024
08/21/2024
350,000.00
351,278.17

0.00 0.00
351,144.56
3,431.05

0.00 4,750.68
1,319.63

0.00 (133.61)
(133.61)
1,186.03
1,186.03
91282CHH7 UNITED STATES TREASURY

4.125 06/15/2026
08/08/2024
08/09/2024

0.00 375,098.70

0.00 (375,097.40)

0.00 7,139.42
7,351.91

0.00 212.49

0.00 (1.30)
(1.30)
211.18
211.18
91282CHK0 UNITED STATES TREASURY 4.0
06/30/2028
08/20/2024
08/21/2024
350,000.00
352,401.55

0.00 0.00
352,337.51
5,878.45
7,000.00

38.04 1,159.59

0.00 (64.04)
(64.04)
1,095.55
1,095.55

6.b
Packet Pg. 45
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 21
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

4.625 10/15/2026
08/30/2024
08/30/2024
375,000.00
378,555.94

0.00 0.00
378,343.01
2,227.20

0.00 3,648.82
1,421.62

0.00 (212.93)
(212.93)
1,208.69
1,208.69
91282CJF9 UNITED STATES TREASURY

4.875 10/31/2028
08/08/2024
08/09/2024
375,000.00
386,934.91

0.00 0.00
386,648.02
1,589.67

0.00 3,079.99
1,490.32

0.00 (286.90)
(286.90)
1,203.42
1,203.42
91282CKD2 UNITED STATES TREASURY

4.25 02/28/2029
11/26/2024
11/27/2024
375,000.00
375,515.81

0.00 0.00
375,504.50
4,027.68

0.00 5,326.94
1,299.25

0.00 (11.31)
(11.31)
1,287.94
1,287.94
91282CKE0 UNITED STATES TREASURY

4.25 03/15/2027
08/20/2024
08/21/2024
350,000.00
352,314.23

0.00 0.00
352,207.75
3,152.85

0.00 4,365.49
1,212.64

0.00 (106.48)
(106.48)
1,106.15
1,106.15
91282CKG5 UNITED STATES TREASURY

4.125 03/31/2029
11/18/2024
11/19/2024
350,000.00
347,802.74

0.00 0.00
347,849.86
2,445.70

0.00 3,629.10
1,183.40

47.12 0.00

47.12 1,230.52
1,230.52
91282CKP5 UNITED STATES TREASURY

4.625 04/30/2029
08/08/2024
08/09/2024
375,000.00
385,423.84

0.00 0.00
385,205.00
1,508.15

0.00 2,922.04
1,413.89

0.00 (218.83)
(218.83)
1,195.06
1,195.06
91282CKZ3 UNITED STATES TREASURY

4.375 07/15/2027
08/08/2024
08/09/2024
375,000.00
378,475.54

0.00 0.00
378,340.83
6,209.00

0.00 7,568.63
1,359.63

0.00 (134.71)
(134.71)
1,224.92
1,224.92
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029
08/20/2024
08/21/2024
350,000.00
353,905.53

0.00 0.00
353,828.50
4,679.56

0.00 5,839.78
1,160.22

0.00 (77.03)
(77.03)
1,083.19
1,083.19
91282CLK5 UNITED STATES TREASURY

3.625 08/31/2029 400,000.00
400,469.93

0.00 0.00
400,460.85
3,664.40

0.00 4,846.47
1,182.07

35.61 (44.69)
(9.08)
1,172.98
1,172.98

6.b
Packet Pg. 46
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 22
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

0.00 0.00
390,947.07
2,371.58

0.00 3,519.13
1,147.54
174.99

0.00 174.99
1,322.53
1,322.53
91282CLR0 UNITED STATES TREASURY

4.125 10/31/2029 400,000.00
396,747.06

0.00 0.00
396,807.56
1,434.78

0.00 2,779.89
1,345.11

60.50 0.00

60.50 1,405.61
1,405.61
91282CMA6 UNITED STATES TREASURY

4.125 11/30/2029
12/11/2024
12/12/2024
400,000.00
400,495.33

0.00 0.00
400,486.28

45.08 8,250.00
1,397.54
9,602.46

0.00 (9.04)
(9.04)
9,593.41
9,593.41
91282CMD0 UNITED STATES TREASURY

4.375 12/31/2029 400,000.00
398,778.93

0.00 0.00
398,800.81
7,348.07
8,750.00

47.55 1,449.49

24.93 (3.05)

21.88 1,471.37
1,471.37
91282CMU2 UNITED STATES TREASURY 4.0
03/31/2030
04/07/2025
04/08/2025
300,000.00
303,274.75

0.00 0.00
303,219.06
2,032.79

0.00 3,016.39
983.61

0.00 (55.69)
(55.69)
927.91
927.91
91282CNG2 UNITED STATES TREASURY 4.0
05/31/2030
06/09/2025
06/10/2025
350,000.00

0.00 348,742.19

0.00 348,756.74

0.00 (382.51)
1,185.79
803.28

14.55 0.00

14.55 817.83
817.83
91324PEY4 UNITEDHEALTH GROUP INC

4.6 04/15/2027
09/18/2024
09/19/2024
240,000.00
243,124.42

0.00 0.00
242,980.66
1,410.67

0.00 2,330.67
920.00

0.00 (143.76)
(143.76)
776.24
776.24
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029
10/17/2024
10/24/2024
110,000.00
109,985.63

0.00 0.00
109,985.90
209.73
393.25
209.73
393.25

0.27 0.00

0.27 393.52
393.52
931142FN8 WALMART INC 4.35
04/28/2030
04/23/2025
04/28/2025
185,000.00
184,685.91

0.00 0.00
184,691.17
737.69

0.00 1,408.31
670.63

5.26 0.00

5.26 675.88
675.88

6.b
Packet Pg. 47
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 23
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
Total Fixed Income 20,528,017.11
20,397,934.76
675,727.16
(633,099.16)
20,441,756.48
182,980.50
85,192.80
173,105.70
75,318.00
3,405.83
(2,212.11)
1,193.72
76,511.72 76,511.72
TOTAL PORTFOLIO 20,627,127.74
20,463,560.86
1,141,219.66
(1,056,760.39)
20,540,867.11
182,980.50
85,667.33
173,105.70
75,792.53
3,405.83
(2,212.11)
1,193.72
76,986.25 76,986.25

6.b
Packet Pg. 48
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 24
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount JULY 2025
07/01/2025 Dividend 262006208 0.00 377.79 377.79
07/01/2025 Dividend X9USDDGCM 98,732.84 DREYFUS GVT CM INST 377.79 377.79 07/09/2025 Coupon 02665WFK2 200,000.00 AMERICAN HONDA FINANCE CORP 4.9 07/09/2027 4,900.00 4,900.00
07/09/2025 Coupon 89236TNA9 170,000.00 TOYOTA MOTOR CREDIT CORP 4.95 01/09/2030 4,207.50 4,207.50 07/14/2025 Coupon 3133ENZY9 1,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

3.96 07/12/2027 19,800.00 19,800.00
07/15/2025 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33 07/15/2025 Coupon 02589BAE0 200,000.00 AMXCA 2024-3 A 4.65 07/15/2027 775.00 775.00 07/15/2025 Coupon 34535VAD6 120,000.00 FORDO 2024-D A3 4.61 08/15/2029 461.00 461.00 07/15/2025 Coupon 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 329.42 329.42 07/15/2025 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 07/15/2025 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 826.67 826.67 07/15/2025 Coupon 58773DAD6 115,000.00 MBART 2025-1 A3 4.78 12/17/2029 458.08 458.08 07/15/2025 Coupon 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 360.55 360.55 07/15/2025 Principal Paydown 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 7,745.96 7,745.96 07/15/2025 Coupon 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 235.08 235.08 07/15/2025 Coupon 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 220.00 220.00 07/15/2025 Coupon 91282CKZ3 375,000.00 UNITED STATES TREASURY 4.375 07/15/2027 8,203.13 8,203.13 07/15/2025 Coupon 92970QAE5 110,000.00 WFCIT 2024-2 A 4.29 10/15/2029 393.25 393.25 07/16/2025 Coupon 362955AD8 80,000.00 GMCAR 2025-1 A3 4.62 12/17/2029 308.00 308.00 07/16/2025 Coupon 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 220.00 220.00 07/21/2025 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 379.21 379.21 07/24/2025 Coupon 06051GMK2 150,000.00 BANK OF AMERICA CORP 4.979 01/24/2029 3,734.25 3,734.25 07/24/2025 Coupon 46647PEU6 115,000.00 JPMORGAN CHASE & CO 4.915 01/24/2029 2,826.13 2,826.13 07/25/2025 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,726.67 1,726.67 07/25/2025 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 650.00 650.00 07/25/2025 Coupon 3137FJEH8 250,000.00 FHMS K-081 A2 3.9 08/25/2028 812.50 812.50 07/25/2025 Coupon 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 816.67 816.67 07/25/2025 Coupon 3137FKSH0 150,000.00 FHMS K-086 A2 3.859 11/25/2028 482.38 482.38 07/25/2025 Coupon 3137FLN91 300,000.00 FHMS K-091 A2 3.505 03/25/2029 876.25 876.25

6.b
Packet Pg. 49
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 25
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/25/2025 Coupon 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 370.04 370.04 07/25/2025 Principal Paydown 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 174.79 174.79 07/25/2025 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21 07/25/2025 Coupon 3137FPHK4 300,000.00 FHMS K-098 A2 2.425 08/25/2029 606.25 606.25 07/25/2025 Coupon 3137FRUJ8 275,000.00 FHMS K-105 A2 1.872 01/25/2030 429.00 429.00 07/25/2025 Coupon 46647PDG8 150,000.00 JPMORGAN CHASE & CO 4.851 07/25/2028 3,638.25 3,638.25 07/28/2025 Coupon 06368MJG0 100,000.00 BANK OF MONTREAL 5.004 01/27/2029 2,502.00 2,502.00 07/29/2025 Coupon 3130APFH3 250,000.00 FEDERAL HOME LOAN BANKS 0.81 07/29/2025 1,012.50 1,012.50 07/29/2025 Final Maturity 3130APFH3 250,000.00 FEDERAL HOME LOAN BANKS 0.81 07/29/2025 250,000.00 250,000.00 07/31/2025 Coupon 89115A3E0 225,000.00 TORONTO-DOMINION BANK 4.861 01/31/2028 5,468.63 5,468.63 07/31/2025 Coupon 91282CLC3 350,000.00 UNITED STATES TREASURY 4.0 07/31/2029 7,000.00 7,000.00 July 2025 Total 258,676.33 76,567.42 335,243.76
AUGUST 2025
08/01/2025 Coupon 13063EGT7 205,000.00 CALIFORNIA STATE 4.5 08/01/2029 4,612.50 4,612.50 08/01/2025 Coupon 91159HJK7 200,000.00 US BANCORP 4.653 02/01/2029 4,653.00 4,653.00 08/07/2025 Coupon 63743HFX5 250,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 4.95 02/07/2030 6,187.50 6,187.50
08/11/2025 Coupon 89236TMK8 225,000.00 TOYOTA MOTOR CREDIT CORP 4.55 08/09/2029 5,118.75 5,118.75 08/14/2025 Coupon 532457CQ9 235,000.00 ELI LILLY AND CO 4.2 08/14/2029 4,935.00 4,935.00 08/15/2025 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33 08/15/2025 Coupon 02589BAE0 200,000.00 AMXCA 2024-3 A 4.65 07/15/2027 775.00 775.00 08/15/2025 Coupon 26442CAY0 250,000.00 DUKE ENERGY CAROLINAS LLC 2.45 08/15/2029 3,062.50 3,062.50
08/15/2025 Coupon 34535VAD6 120,000.00 FORDO 2024-D A3 4.61 08/15/2029 461.00 461.00 08/15/2025 Coupon 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 290.67 290.67 08/15/2025 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 08/15/2025 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 826.67 826.67 08/15/2025 Coupon 58773DAD6 115,000.00 MBART 2025-1 A3 4.78 12/17/2029 458.08 458.08 08/15/2025 Coupon 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 330.66 330.66 08/15/2025 Principal Paydown 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 7,734.61 7,734.61 08/15/2025 Coupon 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 235.08 235.08 08/15/2025 Coupon 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 220.00 220.00

6.b
Packet Pg. 50
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 26
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/15/2025 Coupon 92970QAE5 110,000.00 WFCIT 2024-2 A 4.29 10/15/2029 393.25 393.25 08/18/2025 Coupon 362955AD8 80,000.00 GMCAR 2025-1 A3 4.62 12/17/2029 308.00 308.00 08/18/2025 Coupon 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 220.00 220.00 08/20/2025 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 379.21 379.21 08/25/2025 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,726.67 1,726.67 08/25/2025 Coupon 17275RBW1 250,000.00 CISCO SYSTEMS INC 4.55 02/24/2028 5,687.50 5,687.50 08/25/2025 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 650.00 650.00 08/25/2025 Coupon 3137FJEH8 250,000.00 FHMS K-081 A2 3.9 08/25/2028 812.50 812.50 08/25/2025 Coupon 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 816.67 816.67 08/25/2025 Coupon 3137FKSH0 150,000.00 FHMS K-086 A2 3.859 11/25/2028 482.38 482.38 08/25/2025 Coupon 3137FLN91 300,000.00 FHMS K-091 A2 3.505 03/25/2029 876.25 876.25 08/25/2025 Coupon 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 369.61 369.61 08/25/2025 Principal Paydown 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 161.47 161.47 08/25/2025 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21 08/25/2025 Coupon 3137FPHK4 300,000.00 FHMS K-098 A2 2.425 08/25/2029 606.25 606.25 08/25/2025 Coupon 3137FRUJ8 275,000.00 FHMS K-105 A2 1.872 01/25/2030 429.00 429.00 August 2025 Total 7,896.08 47,462.72 55,358.80
SEPTEMBER 2025
09/02/2025 Coupon 91282CGP0 375,000.00 UNITED STATES TREASURY 4.0 02/29/2028 7,500.00 7,500.00 09/02/2025 Coupon 91282CKD2 375,000.00 UNITED STATES TREASURY 4.25 02/28/2029 7,968.75 7,968.75 09/02/2025 Coupon 91282CLK5 400,000.00 UNITED STATES TREASURY 3.625 08/31/2029 7,250.00 7,250.00 09/15/2025 Coupon 00287YDY2 125,000.00 ABBVIE INC 4.65 03/15/2028 3,213.02 3,213.02 09/15/2025 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33 09/15/2025 Coupon 02589BAE0 200,000.00 AMXCA 2024-3 A 4.65 07/15/2027 775.00 775.00 09/15/2025 Coupon 34535VAD6 120,000.00 FORDO 2024-D A3 4.61 08/15/2029 461.00 461.00 09/15/2025 Coupon 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 290.67 290.67 09/15/2025 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 09/15/2025 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 826.67 826.67 09/15/2025 Coupon 571748CA8 250,000.00 MARSH & MCLENNAN COMPANIES INC 4.65 03/15/2030 5,812.50 5,812.50
09/15/2025 Coupon 58773DAD6 115,000.00 MBART 2025-1 A3 4.78 12/17/2029 458.08 458.08 09/15/2025 Coupon 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 300.82 300.82

6.b
Packet Pg. 51
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 27
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/15/2025 Principal Paydown 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 7,351.42 7,351.42 09/15/2025 Coupon 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 235.08 235.08 09/15/2025 Coupon 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 220.00 220.00 09/15/2025 Coupon 91282CGR6 350,000.00 UNITED STATES TREASURY 4.625 03/15/2026 8,093.75 8,093.75 09/15/2025 Coupon 91282CKE0 350,000.00 UNITED STATES TREASURY 4.25 03/15/2027 7,437.50 7,437.50 09/15/2025 Coupon 92970QAE5 110,000.00 WFCIT 2024-2 A 4.29 10/15/2029 393.25 393.25 09/16/2025 Coupon 362955AD8 80,000.00 GMCAR 2025-1 A3 4.62 12/17/2029 308.00 308.00 09/16/2025 Coupon 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 220.00 220.00 09/17/2025 Coupon 3130ANVB3 1,000,000.00 FEDERAL HOME LOAN BANKS 0.8 09/17/2025 4,000.00 4,000.00 09/17/2025 Final Maturity 3130ANVB3 1,000,000.00 FEDERAL HOME LOAN BANKS 0.8 09/17/2025 1,000,000.00 1,000,000.00 09/22/2025 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 379.21 379.21 09/22/2025 Coupon 459058LR2 125,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.125 03/20/2030 2,578.13 2,578.13
09/25/2025 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,726.67 1,726.67 09/25/2025 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 650.00 650.00 09/25/2025 Coupon 3137FJEH8 250,000.00 FHMS K-081 A2 3.9 08/25/2028 812.50 812.50 09/25/2025 Coupon 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 816.67 816.67 09/25/2025 Coupon 3137FKSH0 150,000.00 FHMS K-086 A2 3.859 11/25/2028 482.38 482.38 09/25/2025 Coupon 3137FLN91 300,000.00 FHMS K-091 A2 3.505 03/25/2029 876.25 876.25 09/25/2025 Coupon 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 369.21 369.21 09/25/2025 Principal Paydown 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 161.95 161.95 09/25/2025 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21 09/25/2025 Coupon 3137FPHK4 300,000.00 FHMS K-098 A2 2.425 08/25/2029 606.25 606.25 09/25/2025 Coupon 3137FRUJ8 275,000.00 FHMS K-105 A2 1.872 01/25/2030 429.00 429.00 09/30/2025 Coupon 91282CFM8 350,000.00 UNITED STATES TREASURY 4.125 09/30/2027 7,218.75 7,218.75 09/30/2025 Coupon 91282CKG5 350,000.00 UNITED STATES TREASURY 4.125 03/31/2029 7,218.75 7,218.75 09/30/2025 Coupon 91282CLN9 400,000.00 UNITED STATES TREASURY 3.5 09/30/2029 7,000.00 7,000.00 09/30/2025 Coupon 91282CMU2 300,000.00 UNITED STATES TREASURY 4.0 03/31/2030 6,000.00 6,000.00 September 2025
Total 1,007,513.37 94,466.88 1,101,980.25
OCTOBER 2025
10/15/2025 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33

6.b
Packet Pg. 52
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 28
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/15/2025 Coupon 02589BAE0 200,000.00 AMXCA 2024-3 A 4.65 07/15/2027 775.00 775.00 10/15/2025 Coupon 34535VAD6 120,000.00 FORDO 2024-D A3 4.61 08/15/2029 461.00 461.00 10/15/2025 Coupon 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 290.67 290.67 10/15/2025 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 10/15/2025 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 826.67 826.67 10/15/2025 Coupon 58773DAD6 115,000.00 MBART 2025-1 A3 4.78 12/17/2029 458.08 458.08 10/15/2025 Coupon 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 272.45 272.45 10/15/2025 Principal Paydown 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 7,052.92 7,052.92 10/15/2025 Coupon 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 235.08 235.08 10/15/2025 Coupon 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 220.00 220.00 10/15/2025 Coupon 91282CJC6 375,000.00 UNITED STATES TREASURY 4.625 10/15/2026 8,671.88 8,671.88 10/15/2025 Coupon 91324PEY4 240,000.00 UNITEDHEALTH GROUP INC 4.6 04/15/2027 5,520.00 5,520.00 10/15/2025 Coupon 92970QAE5 110,000.00 WFCIT 2024-2 A 4.29 10/15/2029 393.25 393.25 10/16/2025 Coupon 362955AD8 80,000.00 GMCAR 2025-1 A3 4.62 12/17/2029 308.00 308.00 10/16/2025 Coupon 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 220.00 220.00 10/16/2025 Coupon 459058LN1 350,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.875 10/16/2029 6,781.25 6,781.25
10/20/2025 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 379.21 379.21 10/20/2025 Coupon 78017FZQ9 250,000.00 ROYAL BANK OF CANADA 4.51 10/18/2027 5,637.50 5,637.50 10/22/2025 Coupon 857477CP6 250,000.00 STATE STREET CORP 4.33 10/22/2027 5,412.50 5,412.50 10/27/2025 Coupon 06051GLG2 150,000.00 BANK OF AMERICA CORP 5.202 04/25/2029 3,901.50 3,901.50 10/27/2025 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,726.67 1,726.67 10/27/2025 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 650.00 650.00 10/27/2025 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 532.32 532.32 10/27/2025 Coupon 3137FJEH8 250,000.00 FHMS K-081 A2 3.9 08/25/2028 812.50 812.50 10/27/2025 Coupon 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 816.67 816.67 10/27/2025 Coupon 3137FKSH0 150,000.00 FHMS K-086 A2 3.859 11/25/2028 482.38 482.38 10/27/2025 Coupon 3137FLN91 300,000.00 FHMS K-091 A2 3.505 03/25/2029 876.25 876.25 10/27/2025 Coupon 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 368.80 368.80 10/27/2025 Principal Paydown 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 176.17 176.17 10/27/2025 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21 10/27/2025 Coupon 3137FPHK4 300,000.00 FHMS K-098 A2 2.425 08/25/2029 606.25 606.25

6.b
Packet Pg. 53
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 29
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/27/2025 Coupon 3137FRUJ8 275,000.00 FHMS K-105 A2 1.872 01/25/2030 429.00 429.00 10/28/2025 Coupon 931142FN8 185,000.00 WALMART INC 4.35 04/28/2030 4,023.75 4,023.75 10/31/2025 Coupon 91282CJF9 375,000.00 UNITED STATES TREASURY 4.875 10/31/2028 9,140.63 9,140.63 10/31/2025 Coupon 91282CKP5 375,000.00 UNITED STATES TREASURY 4.625 04/30/2029 8,671.88 8,671.88 10/31/2025 Coupon 91282CLR0 400,000.00 UNITED STATES TREASURY 4.125 10/31/2029 8,250.00 8,250.00 October 2025 Total 7,761.41 79,157.84 86,919.25
NOVEMBER 2025
11/10/2025 Coupon 69371RT71 230,000.00 PACCAR FINANCIAL CORP 4.55 05/08/2030 5,232.50 5,232.50 11/17/2025 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33 11/17/2025 Coupon 02589BAE0 200,000.00 AMXCA 2024-3 A 4.65 07/15/2027 775.00 775.00 11/17/2025 Coupon 14913UAU4 250,000.00 CATERPILLAR FINANCIAL SERVICES CORP 4.7 11/15/2029 5,875.00 5,875.00
11/17/2025 Coupon 34535VAD6 120,000.00 FORDO 2024-D A3 4.61 08/15/2029 461.00 461.00 11/17/2025 Coupon 362955AD8 80,000.00 GMCAR 2025-1 A3 4.62 12/17/2029 308.00 308.00 11/17/2025 Coupon 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 220.00 220.00 11/17/2025 Coupon 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 290.67 290.67 11/17/2025 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 11/17/2025 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 826.67 826.67 11/17/2025 Coupon 58773DAD6 115,000.00 MBART 2025-1 A3 4.78 12/17/2029 458.08 458.08 11/17/2025 Coupon 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 245.24 245.24 11/17/2025 Principal Paydown 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 6,869.15 6,869.15 11/17/2025 Coupon 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 235.08 235.08 11/17/2025 Coupon 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 220.00 220.00 11/17/2025 Coupon 92970QAE5 110,000.00 WFCIT 2024-2 A 4.29 10/15/2029 393.25 393.25 11/20/2025 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 379.21 379.21 11/25/2025 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,726.67 1,726.67 11/25/2025 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 648.62 648.62 11/25/2025 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 507.31 507.31 11/25/2025 Coupon 3137FJEH8 250,000.00 FHMS K-081 A2 3.9 08/25/2028 812.50 812.50 11/25/2025 Coupon 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 816.67 816.67 11/25/2025 Coupon 3137FKSH0 150,000.00 FHMS K-086 A2 3.859 11/25/2028 482.38 482.38 11/25/2025 Coupon 3137FLN91 300,000.00 FHMS K-091 A2 3.505 03/25/2029 876.25 876.25

6.b
Packet Pg. 54
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 30
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/25/2025 Coupon 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 368.37 368.37 11/25/2025 Principal Paydown 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 162.95 162.95 11/25/2025 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21 11/25/2025 Coupon 3137FPHK4 300,000.00 FHMS K-098 A2 2.425 08/25/2029 606.25 606.25 11/25/2025 Coupon 3137FRUJ8 275,000.00 FHMS K-105 A2 1.872 01/25/2030 429.00 429.00 November 2025
Total 7,539.41 24,225.43 31,764.84
DECEMBER 2025
12/01/2025 Coupon 91282CMA6 400,000.00 UNITED STATES TREASURY 4.125 11/30/2029 8,250.00 8,250.00 12/01/2025 Coupon 91282CNG2 350,000.00 UNITED STATES TREASURY 4.0 05/31/2030 7,000.00 7,000.00 12/11/2025 Coupon 24422EXT1 225,000.00 JOHN DEERE CAPITAL CORP 4.85 06/11/2029 5,456.25 5,456.25 12/15/2025 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33 12/15/2025 Coupon 02589BAE0 200,000.00 AMXCA 2024-3 A 4.65 07/15/2027 775.00 775.00 12/15/2025 Coupon 06406RBG1 225,000.00 BANK OF NEW YORK MELLON CORP 3.992 06/13/2028 4,491.00 4,491.00
12/15/2025 Coupon 34535VAD6 120,000.00 FORDO 2024-D A3 4.61 08/15/2029 461.00 461.00 12/15/2025 Coupon 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 290.67 290.67 12/15/2025 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 12/15/2025 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 826.67 826.67 12/15/2025 Coupon 58773DAD6 115,000.00 MBART 2025-1 A3 4.78 12/17/2029 458.08 458.08 12/15/2025 Coupon 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 218.74 218.74 12/15/2025 Principal Paydown 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 6,438.08 6,438.08 12/15/2025 Coupon 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 235.08 235.08 12/15/2025 Coupon 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 220.00 220.00 12/15/2025 Coupon 92970QAE5 110,000.00 WFCIT 2024-2 A 4.29 10/15/2029 393.25 393.25 12/16/2025 Coupon 362955AD8 80,000.00 GMCAR 2025-1 A3 4.62 12/17/2029 308.00 308.00 12/16/2025 Coupon 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 220.00 220.00 12/22/2025 Coupon 3133ENZC7 1,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.12 06/22/2026 20,600.00 20,600.00
12/22/2025 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 379.21 379.21 12/25/2025 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,726.67 1,726.67 12/25/2025 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 647.30 647.30

6.b
Packet Pg. 55
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 31
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/25/2025 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 534.82 534.82 12/25/2025 Coupon 3137FJEH8 250,000.00 FHMS K-081 A2 3.9 08/25/2028 812.50 812.50 12/25/2025 Coupon 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 816.67 816.67 12/25/2025 Coupon 3137FKSH0 150,000.00 FHMS K-086 A2 3.859 11/25/2028 482.38 482.38 12/25/2025 Coupon 3137FLN91 300,000.00 FHMS K-091 A2 3.505 03/25/2029 876.25 876.25 12/25/2025 Coupon 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 367.96 367.96 12/25/2025 Principal Paydown 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 177.12 177.12 12/25/2025 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21 12/25/2025 Coupon 3137FPHK4 300,000.00 FHMS K-098 A2 2.425 08/25/2029 606.25 606.25 12/25/2025 Coupon 3137FRUJ8 275,000.00 FHMS K-105 A2 1.872 01/25/2030 429.00 429.00 12/26/2025 Coupon 437076DB5 225,000.00 HOME DEPOT INC 4.875 06/25/2027 5,484.38 5,484.38 12/31/2025 Coupon 91282CEV9 350,000.00 UNITED STATES TREASURY 3.25 06/30/2029 5,687.50 5,687.50 12/31/2025 Coupon 91282CHK0 350,000.00 UNITED STATES TREASURY 4.0 06/30/2028 7,000.00 7,000.00 12/31/2025 Coupon 91282CMD0 400,000.00 UNITED STATES TREASURY 4.375 12/31/2029 8,750.00 8,750.00 December 2025
Total 7,150.02 85,808.83 92,958.85
JANUARY 2026
01/09/2026 Coupon 02665WFK2 200,000.00 AMERICAN HONDA FINANCE CORP 4.9 07/09/2027 4,900.00 4,900.00
01/09/2026 Coupon 89236TNA9 170,000.00 TOYOTA MOTOR CREDIT CORP 4.95 01/09/2030 4,207.50 4,207.50 01/12/2026 Coupon 3133ENZY9 1,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

3.96 07/12/2027 19,800.00 19,800.00
01/15/2026 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33 01/15/2026 Coupon 02589BAE0 200,000.00 AMXCA 2024-3 A 4.65 07/15/2027 775.00 775.00 01/15/2026 Coupon 34535VAD6 120,000.00 FORDO 2024-D A3 4.61 08/15/2029 461.00 461.00 01/15/2026 Coupon 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 290.67 290.67 01/15/2026 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 01/15/2026 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 826.67 826.67 01/15/2026 Principal Paydown 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 15,968.93 15,968.93 01/15/2026 Coupon 58773DAD6 115,000.00 MBART 2025-1 A3 4.78 12/17/2029 458.08 458.08 01/15/2026 Coupon 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 193.90 193.90 01/15/2026 Principal Paydown 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 5,801.33 5,801.33

6.b
Packet Pg. 56
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 32
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/15/2026 Coupon 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 235.08 235.08 01/15/2026 Coupon 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 220.00 220.00 01/15/2026 Coupon 91282CKZ3 375,000.00 UNITED STATES TREASURY 4.375 07/15/2027 8,203.13 8,203.13 01/15/2026 Coupon 92970QAE5 110,000.00 WFCIT 2024-2 A 4.29 10/15/2029 393.25 393.25 01/16/2026 Coupon 362955AD8 80,000.00 GMCAR 2025-1 A3 4.62 12/17/2029 308.00 308.00 01/16/2026 Coupon 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 220.00 220.00 01/20/2026 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 379.21 379.21 01/26/2026 Coupon 06051GMK2 150,000.00 BANK OF AMERICA CORP 4.979 01/24/2029 3,734.25 3,734.25 01/26/2026 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,726.67 1,726.67 01/26/2026 Principal Paydown 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 8,317.04 8,317.04 01/26/2026 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 645.91 645.91 01/26/2026 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 10,271.51 10,271.51 01/26/2026 Coupon 3137FJEH8 250,000.00 FHMS K-081 A2 3.9 08/25/2028 812.50 812.50 01/26/2026 Coupon 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 816.67 816.67 01/26/2026 Coupon 3137FKSH0 150,000.00 FHMS K-086 A2 3.859 11/25/2028 482.38 482.38 01/26/2026 Coupon 3137FLN91 300,000.00 FHMS K-091 A2 3.505 03/25/2029 876.25 876.25 01/26/2026 Coupon 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 367.52 367.52 01/26/2026 Principal Paydown 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 163.97 163.97 01/26/2026 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21 01/26/2026 Coupon 3137FPHK4 300,000.00 FHMS K-098 A2 2.425 08/25/2029 606.25 606.25 01/26/2026 Coupon 3137FRUJ8 275,000.00 FHMS K-105 A2 1.872 01/25/2030 429.00 429.00 01/26/2026 Coupon 46647PDG8 150,000.00 JPMORGAN CHASE & CO 4.851 07/25/2028 3,638.25 3,638.25 01/26/2026 Coupon 46647PEU6 115,000.00 JPMORGAN CHASE & CO 4.915 01/24/2029 2,826.13 2,826.13 01/27/2026 Coupon 06368MJG0 100,000.00 BANK OF MONTREAL 5.004 01/27/2029 2,502.00 2,502.00 January 2026 Total 40,522.77 62,874.28 103,397.05
FEBRUARY 2026
02/02/2026 Coupon 13063EGT7 205,000.00 CALIFORNIA STATE 4.5 08/01/2029 4,612.50 4,612.50 02/02/2026 Coupon 89115A3E0 225,000.00 TORONTO-DOMINION BANK 4.861 01/31/2028 5,468.63 5,468.63 02/02/2026 Coupon 91159HJK7 200,000.00 US BANCORP 4.653 02/01/2029 4,653.00 4,653.00 02/02/2026 Coupon 91282CLC3 350,000.00 UNITED STATES TREASURY 4.0 07/31/2029 7,000.00 7,000.00 02/09/2026 Coupon 63743HFX5 250,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 4.95 02/07/2030 6,187.50 6,187.50

6.b
Packet Pg. 57
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 33
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/09/2026 Coupon 89236TMK8 225,000.00 TOYOTA MOTOR CREDIT CORP 4.55 08/09/2029 5,118.75 5,118.75 02/16/2026 Coupon 34535VAD6 120,000.00 FORDO 2024-D A3 4.61 08/15/2029 461.00 461.00 02/16/2026 Coupon 362955AD8 80,000.00 GMCAR 2025-1 A3 4.62 12/17/2029 308.00 308.00 02/16/2026 Coupon 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 220.00 220.00 02/16/2026 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 02/16/2026 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 760.66 760.66 02/16/2026 Principal Paydown 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 12,054.06 12,054.06 02/16/2026 Coupon 58773DAD6 115,000.00 MBART 2025-1 A3 4.78 12/17/2029 458.08 458.08 02/16/2026 Coupon 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 171.51 171.51 02/16/2026 Principal Paydown 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 5,726.17 5,726.17 02/16/2026 Coupon 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 235.08 235.08 02/16/2026 Coupon 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 220.00 220.00 02/17/2026 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33 02/17/2026 Coupon 02589BAE0 200,000.00 AMXCA 2024-3 A 4.65 07/15/2027 775.00 775.00 02/17/2026 Coupon 26442CAY0 250,000.00 DUKE ENERGY CAROLINAS LLC 2.45 08/15/2029 3,062.50 3,062.50
02/17/2026 Coupon 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 290.67 290.67 02/17/2026 Coupon 532457CQ9 235,000.00 ELI LILLY AND CO 4.2 08/14/2029 4,935.00 4,935.00 02/17/2026 Coupon 92970QAE5 110,000.00 WFCIT 2024-2 A 4.29 10/15/2029 393.25 393.25 02/20/2026 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 379.21 379.21 02/24/2026 Coupon 17275RBW1 250,000.00 CISCO SYSTEMS INC 4.55 02/24/2028 5,687.50 5,687.50 02/25/2026 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,690.76 1,690.76 02/25/2026 Principal Paydown 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 21,811.46 21,811.46 02/25/2026 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 619.20 619.20 02/25/2026 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 2,104.59 2,104.59 02/25/2026 Coupon 3137FJEH8 250,000.00 FHMS K-081 A2 3.9 08/25/2028 812.50 812.50 02/25/2026 Coupon 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 816.67 816.67 02/25/2026 Coupon 3137FKSH0 150,000.00 FHMS K-086 A2 3.859 11/25/2028 482.38 482.38 02/25/2026 Coupon 3137FLN91 300,000.00 FHMS K-091 A2 3.505 03/25/2029 876.25 876.25 02/25/2026 Coupon 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 367.11 367.11 02/25/2026 Principal Paydown 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 164.45 164.45 02/25/2026 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21

6.b
Packet Pg. 58
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 34
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/25/2026 Coupon 3137FPHK4 300,000.00 FHMS K-098 A2 2.425 08/25/2029 606.25 606.25 02/25/2026 Coupon 3137FRUJ8 275,000.00 FHMS K-105 A2 1.872 01/25/2030 429.00 429.00 February 2026
Total 41,860.72 59,637.00 101,497.72
MARCH 2026
03/02/2026 Coupon 91282CGP0 375,000.00 UNITED STATES TREASURY 4.0 02/29/2028 7,500.00 7,500.00 03/02/2026 Coupon 91282CKD2 375,000.00 UNITED STATES TREASURY 4.25 02/28/2029 7,968.75 7,968.75 03/02/2026 Coupon 91282CLK5 400,000.00 UNITED STATES TREASURY 3.625 08/31/2029 7,250.00 7,250.00 03/16/2026 Coupon 00287YDY2 125,000.00 ABBVIE INC 4.65 03/15/2028 2,906.25 2,906.25 03/16/2026 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33 03/16/2026 Coupon 02589BAE0 200,000.00 AMXCA 2024-3 A 4.65 07/15/2027 775.00 775.00 03/16/2026 Coupon 34535VAD6 120,000.00 FORDO 2024-D A3 4.61 08/15/2029 461.00 461.00 03/16/2026 Coupon 362955AD8 80,000.00 GMCAR 2025-1 A3 4.62 12/17/2029 308.00 308.00 03/16/2026 Coupon 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 220.00 220.00 03/16/2026 Coupon 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 290.67 290.67 03/16/2026 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 03/16/2026 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 710.84 710.84 03/16/2026 Principal Paydown 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 8,417.61 8,417.61 03/16/2026 Coupon 571748CA8 250,000.00 MARSH & MCLENNAN COMPANIES INC 4.65 03/15/2030 5,812.50 5,812.50
03/16/2026 Coupon 58773DAD6 115,000.00 MBART 2025-1 A3 4.78 12/17/2029 458.08 458.08 03/16/2026 Coupon 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 149.42 149.42 03/16/2026 Principal Paydown 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 5,570.17 5,570.17 03/16/2026 Coupon 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 235.08 235.08 03/16/2026 Coupon 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 220.00 220.00 03/16/2026 Coupon 91282CGR6 350,000.00 UNITED STATES TREASURY 4.625 03/15/2026 8,093.75 8,093.75 03/16/2026 Final Maturity 91282CGR6 350,000.00 UNITED STATES TREASURY 4.625 03/15/2026 350,000.00 350,000.00 03/16/2026 Coupon 91282CKE0 350,000.00 UNITED STATES TREASURY 4.25 03/15/2027 7,437.50 7,437.50 03/16/2026 Coupon 92970QAE5 110,000.00 WFCIT 2024-2 A 4.29 10/15/2029 393.25 393.25 03/20/2026 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 379.21 379.21 03/20/2026 Coupon 459058LR2 125,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.125 03/20/2030 2,578.13 2,578.13

6.b
Packet Pg. 59
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 35
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/25/2026 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,596.61 1,596.61 03/25/2026 Principal Paydown 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 21,143.27 21,143.27 03/25/2026 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 613.73 613.73 03/25/2026 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 18,533.65 18,533.65 03/25/2026 Coupon 3137FJEH8 250,000.00 FHMS K-081 A2 3.9 08/25/2028 812.50 812.50 03/25/2026 Coupon 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 816.67 816.67 03/25/2026 Coupon 3137FKSH0 150,000.00 FHMS K-086 A2 3.859 11/25/2028 482.38 482.38 03/25/2026 Coupon 3137FLN91 300,000.00 FHMS K-091 A2 3.505 03/25/2029 876.25 876.25 03/25/2026 Coupon 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 366.70 366.70 03/25/2026 Principal Paydown 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 205.69 205.69 03/25/2026 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21 03/25/2026 Coupon 3137FPHK4 300,000.00 FHMS K-098 A2 2.425 08/25/2029 606.25 606.25 03/25/2026 Coupon 3137FRUJ8 275,000.00 FHMS K-105 A2 1.872 01/25/2030 429.00 429.00 03/31/2026 Coupon 91282CFM8 350,000.00 UNITED STATES TREASURY 4.125 09/30/2027 7,218.75 7,218.75 03/31/2026 Coupon 91282CKG5 350,000.00 UNITED STATES TREASURY 4.125 03/31/2029 7,218.75 7,218.75 03/31/2026 Coupon 91282CLN9 400,000.00 UNITED STATES TREASURY 3.5 09/30/2029 7,000.00 7,000.00 03/31/2026 Coupon 91282CMU2 300,000.00 UNITED STATES TREASURY 4.0 03/31/2030 6,000.00 6,000.00 March 2026 Total 403,870.39 89,724.05 493,594.44
APRIL 2026
04/15/2026 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33 04/15/2026 Coupon 02589BAE0 200,000.00 AMXCA 2024-3 A 4.65 07/15/2027 775.00 775.00 04/15/2026 Coupon 34535VAD6 120,000.00 FORDO 2024-D A3 4.61 08/15/2029 461.00 461.00 04/15/2026 Coupon 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 290.67 290.67 04/15/2026 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 04/15/2026 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 676.05 676.05 04/15/2026 Principal Paydown 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 10,426.53 10,426.53 04/15/2026 Coupon 58773DAD6 115,000.00 MBART 2025-1 A3 4.78 12/17/2029 458.08 458.08 04/15/2026 Coupon 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 127.93 127.93 04/15/2026 Principal Paydown 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 5,724.99 5,724.99 04/15/2026 Coupon 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 235.08 235.08 04/15/2026 Coupon 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 220.00 220.00 04/15/2026 Coupon 91282CJC6 375,000.00 UNITED STATES TREASURY 4.625 10/15/2026 8,671.88 8,671.88

6.b
Packet Pg. 60
Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 36
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/15/2026 Coupon 91324PEY4 240,000.00 UNITEDHEALTH GROUP INC 4.6 04/15/2027 5,520.00 5,520.00 04/15/2026 Coupon 92970QAE5 110,000.00 WFCIT 2024-2 A 4.29 10/15/2029 393.25 393.25 04/16/2026 Coupon 362955AD8 80,000.00 GMCAR 2025-1 A3 4.62 12/17/2029 308.00 308.00 04/16/2026 Coupon 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 220.00 220.00 04/16/2026 Coupon 459058LN1 350,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.875 10/16/2029 6,781.25 6,781.25
04/20/2026 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 379.21 379.21 04/20/2026 Coupon 78017FZQ9 250,000.00 ROYAL BANK OF CANADA 4.51 10/18/2027 5,637.50 5,637.50 04/22/2026 Coupon 857477CP6 250,000.00 STATE STREET CORP 4.33 10/22/2027 5,412.50 5,412.50 04/27/2026 Coupon 06051GLG2 150,000.00 BANK OF AMERICA CORP 5.202 04/25/2029 3,901.50 3,901.50 04/27/2026 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,505.34 1,505.34 04/27/2026 Principal Paydown 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 21,258.56 21,258.56 04/27/2026 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 565.54 565.54 04/27/2026 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 450.32 450.32 04/27/2026 Coupon 3137FJEH8 250,000.00 FHMS K-081 A2 3.9 08/25/2028 812.50 812.50 04/27/2026 Coupon 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 816.67 816.67 04/27/2026 Coupon 3137FKSH0 150,000.00 FHMS K-086 A2 3.859 11/25/2028 482.38 482.38 04/27/2026 Coupon 3137FLN91 300,000.00 FHMS K-091 A2 3.505 03/25/2029 876.25 876.25 04/27/2026 Coupon 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 366.19 366.19 04/27/2026 Principal Paydown 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 165.57 165.57 04/27/2026 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21 04/27/2026 Coupon 3137FPHK4 300,000.00 FHMS K-098 A2 2.425 08/25/2029 606.25 606.25 04/27/2026 Coupon 3137FRUJ8 275,000.00 FHMS K-105 A2 1.872 01/25/2030 429.00 429.00 04/28/2026 Coupon 931142FN8 185,000.00 WALMART INC 4.35 04/28/2030 4,023.75 4,023.75 04/30/2026 Coupon 91282CJF9 375,000.00 UNITED STATES TREASURY 4.875 10/31/2028 9,140.63 9,140.63 04/30/2026 Coupon 91282CKP5 375,000.00 UNITED STATES TREASURY 4.625 04/30/2029 8,671.88 8,671.88 04/30/2026 Coupon 91282CLR0 400,000.00 UNITED STATES TREASURY 4.125 10/31/2029 8,250.00 8,250.00 April 2026 Total 38,025.98 78,554.30 116,580.28
MAY 2026
05/08/2026 Coupon 69371RT71 230,000.00 PACCAR FINANCIAL CORP 4.55 05/08/2030 5,232.50 5,232.50 05/15/2026 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33 05/15/2026 Coupon 02589BAE0 200,000.00 AMXCA 2024-3 A 4.65 07/15/2027 775.00 775.00

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Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 37
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/15/2026 Coupon 14913UAU4 250,000.00 CATERPILLAR FINANCIAL SERVICES CORP 4.7 11/15/2029 5,875.00 5,875.00
05/15/2026 Coupon 34535VAD6 120,000.00 FORDO 2024-D A3 4.61 08/15/2029 461.00 461.00 05/15/2026 Coupon 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 290.67 290.67 05/15/2026 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 05/15/2026 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 632.95 632.95 05/15/2026 Principal Paydown 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 10,052.73 10,052.73 05/15/2026 Coupon 58773DAD6 115,000.00 MBART 2025-1 A3 4.78 12/17/2029 458.08 458.08 05/15/2026 Coupon 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 105.84 105.84 05/15/2026 Principal Paydown 891940AC2 94,107.40 TAOT 2023-A A3 4.63 09/15/2027 5,524.56 5,524.56 05/15/2026 Coupon 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 235.08 235.08 05/15/2026 Coupon 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 220.00 220.00 05/15/2026 Coupon 92970QAE5 110,000.00 WFCIT 2024-2 A 4.29 10/15/2029 393.25 393.25 05/18/2026 Coupon 362955AD8 80,000.00 GMCAR 2025-1 A3 4.62 12/17/2029 308.00 308.00 05/18/2026 Coupon 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 220.00 220.00 05/20/2026 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 379.21 379.21 05/25/2026 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,413.58 1,413.58 05/25/2026 Principal Paydown 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 20,405.02 20,405.02 05/25/2026 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 564.37 564.37 05/25/2026 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 474.41 474.41 05/25/2026 Coupon 3137FJEH8 250,000.00 FHMS K-081 A2 3.9 08/25/2028 812.50 812.50 05/25/2026 Coupon 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 816.67 816.67 05/25/2026 Coupon 3137FKSH0 150,000.00 FHMS K-086 A2 3.859 11/25/2028 482.38 482.38 05/25/2026 Coupon 3137FLN91 300,000.00 FHMS K-091 A2 3.505 03/25/2029 876.25 876.25 05/25/2026 Coupon 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 365.78 365.78 05/25/2026 Principal Paydown 3137FMCR1 148,909.71 FHMS K-093 A2 2.982 05/25/2029 179.57 179.57 05/25/2026 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21 05/25/2026 Coupon 3137FPHK4 300,000.00 FHMS K-098 A2 2.425 08/25/2029 606.25 606.25 05/25/2026 Coupon 3137FRUJ8 275,000.00 FHMS K-105 A2 1.872 01/25/2030 429.00 429.00 May 2026 Total 36,636.30 23,492.39 60,128.69
Grand Total 82,760,109.21 1,857,452.78 721,971.15 2,579,423.93

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Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 38
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

IMPORTANT DISCLOSURES
Chandler Asset Management, Inc. (“Chandler”) is an SEC registered investment adviser. For additional information about our firm, please see our current disclosures (Form ADV).

To obtain a copy of our current disclosures, you may contact your client service representative by calling the number on the front of this statement or you may visit our website at www.chandlerasset.com.

Information contained in this monthly statement is confidential and is provided for informational purposes only and should not be construed as specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of this statement, but may become outdated or superseded at any time without notice.

Custody: Your qualified custodian bank maintains control of all assets reflected in this statement and we urge you to compare this statement to the one you receive from your qualified custodian. Chandler does not have any authority to withdraw or deposit funds from/to the custodian account.

Valuation: Prices are provided by IDC, an independent pricing source. In the event IDC does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance: Performance results are presented gross-of-advisory fees and represent the client’s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Source ICE Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN “AS IS” BASIS; ICE, ITS AFFILIATES AND

THEIR RESPECTIVE THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM.

NEITHER ICE DATA, ITS AFFILIATES OR THEIR RESPECTIVE THIRD PARTY PROVIDERS GUARANTEE THE QUALITY , ADEQUACY , ACCURACY , TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN “AS IS” BASIS AND LICENSEE’S USE IS AT LICENSEE’S OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY DO NOT SPONSOR, ENDORSE, OR RECOMMEND CHANDLER, OR ANY OF ITS PRODUCTS OR SERVICES.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Ratings: Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities (“MBS”) reflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest and carries a high rating by S&P , Moody’s and Fitch respectively.

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Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June CONFIDENTIAL | 39
City of Campbell | Account #11214 | As of June 30, 2025 Execution Time: 07/01/2025 04:47:44 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

BENCHMARK INDEX & DISCLOSURES
Benchmark Disclosure
ICE BofA 1-5 Yr US Treasury & Agency
Index
The ICE BofA 1-5 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.

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Attachment: Chandler BNY Investment statement- 6.30.25 (Monthly Investment Transactions Report June

City
Council
Report

TITLE: Investment Report - Quarter Ending June 2025

RECOMMENDED ACTION

That the City Council approve the Investment Report for the quarter ending June 2025 and the report be noted and filed.

DISCUSSION

The City invests in fixed income securities of varying maturities providing sufficient liquidity to meet the City’s operational needs as well as safety and return objectives as specified in the City’s FY 2024 -25 Investment Strategy <https://www.campbellca.gov/AgendaCenter/ViewFile/Agenda/_09172024- 2975#page=359>; discussed with the City Council on September 17, 2024.

During the quarter ending June 30, 2025, the City’s overall pooled investment portfolio increased $658,000 to $71.3 million as shown in Table 1 below; primarily with increased LAIF and CAMP deposits, balancing operational cash flow needs with investments, driven by large secured personal property receipts typically received this period along with sales tax and with other expected revenue sources, offset by Measure O project and other expenditures. $718,000 in interest was earned during the current quarter and $3.3 million in the full fiscal year, from the City’s LAIF, CAMP and BNY investment accounts, exceeding and reaching 433% of the full year FY 2025 interest income estimates. With oversight from the City’s investment portfolio team, staff has incorporated CAMP into the City’s money market holdings as part of a continuing broader shift toward a more diversified investment strategy. This improves the City’s ability to better manage liquidity, risk and performance. Although the investment performance in Table 1a shows that the BNY / Chandler portfolio earning is slightly below the City’s LAIF and CAMP holdings, the City is also locking long -term rates with its BNY /Chandler holdings as short -term LAIF and CAMP rates are expected to eventually decrease.

Table 1
Item: 7
Category: CONSENT CALENDAR
Meeting Date: August 4, 2025
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The City pools all cash for investment purposes, but accounts, reports, and tracks investment income, other revenue, and expenditures separately for each fund to properly meet the purpose and restrictions of each funding source. This is common and appropriate practice used in public agencies to gain the benefit of economies of scale when investing.

The following are the yields for all 3 accounts.

Table 1a
Investment Performance
Curr Mo QTR YTD
Jun'25 Q4'25 FY'25
LAIF 4.269 4.274 4.411
CAMP 4.400 4.423 4.430
BNY/Chandler 4.040 4.040 4.235

All investments are also made in accordance with the City's established Investment Policy <https://www.campbellca.gov/AgendaCenter/ViewFile/Agenda/_09172024 - 2975#page=345> update (Approved by Resolution No. 13211 on September 17, 2024) or as authorized pursuant to bond covenants. Presented within this report are the following. Staff and Chandler can assist with questions as needed on the new reporting statement. As Chandler is fully integrated and onboard, reports may also be refined over time to ensure maximum benefit and transparency:

· Summary of investments by type - Qtr. ending June 2025 (Table 2) · List of investments by institution - Qtr. ending June 2025 (Table 3) · Reconciliation of pooled cash - Qtr. ending June 2025 (Table 4) · Summary of Total Cash Invested - Qtr. ending June 2025 (Table 5) · BNY Qtrly statement (Chandler) - Qtr. ending June 2025 (Attachment A) · Cash flow projections for July 2025 through December 2025 (Attachment B) · Actual Receipts & Disbursements - Qtr. ending June 2025 (Attachment C)

Table 2
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Cash Flow

The cash flow projection reflects sufficient funds available to meet the City of Campbell’s anticipated expenditures for July 2025 through December 2025. (Attachment B). When highly liquid LAIF and CAMP funds ($50.8 million) are combined with actual cash on deposit ($0.8 million), the City had $51.6 million in liquidity at the end of June 30, 2025, of which $14.0 million was restricted to the Measure K sales tax escrow CAMP account and Measure O bond accounts. For the next 6 months, staff is forecasting $24.5 million in net outgoing operational cash flow, resulting in our managed liquidity decreasing to $27.0 million by the end of December 2025; of which $7.2 million (Measure K escrow - $4.0M) and (MEAS O project spending - $3.3M) will be restricted.

Primarily driving the decrease in cash & money market will be the annual FY’26 CalPERS unfunded retirement liability prepayments, PLAN JPA insurance premiums, Measure O project spending, MEAS O, LRB and TARB debt service payments and increased A/P activity due to the seasonal trends.

Table 3
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* The City intends to hold treasury/agency securities to maturity or until they are called, as a result this is a paper gain and/or loss that will not be realized. In a decreasing interest rate environment, as we are experiencing, unrealized gains are expected.
** Cash with fiscal agent held for debt service payments. *** Staff prioritizes safety, liquidity, and maximizing return in that order.

Table 4

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Investment Report - Quarter Ending June 2025 Page 5 of 5 Table 5

Prepared by:

John Formale, Accountant

Reviewed by:

Will Fuentes, Finance Director

Approved by:

Brian Loventhal, City Manager

Attachment:
a. Chandler Quarterly Report- 6.30.25
b. Cashflow projections
c. Actual Results
7 Packet Pg. 69

INVESTMENT REPORT
City of Campbell | As of June 30, 2025
CHANDLER ASSET MANAGEMENT | chandlerasset.com
Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement.

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Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

TABLE OF CONTENTS

ECONOMIC UPDATE

ACCOUNT PROFILE

PORTFOLIO HOLDINGS

TRANSACTIONS
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Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

ECONOMIC UPDATE
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Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025) ▪
▪
▪
Recent economic data suggest slower growth in 2025 and greater market uncertainty as the effects of fiscal policy unfold. Inflationary trends have subsided, but some components remain sticky, and core levels remain above the Fed’s target. The labor market reflects improved balance between supply and demand for workers. While job creation has been robust, continuing jobless claims remain elevated.

Given the economic outlook, we expect gradual normalization of monetary policy and a steepening yield curve.

As broadly anticipated, the Federal Open Market Committee (FOMC) left the Federal Funds Rate unchanged at the range of 4.25 - 4.50% at the June meeting. Fed Chair Powell continued to emphasize the Committee’s “waitand see” approach amidst economic uncertainty that remains elevated but diminished. Federal Reserve officials continued to pencil in two rate cuts in 2025.

US Treasury yields declined in June. The 2-year Treasury yield fell 18 basis points to 3.72%, the 5-year Treasury dropped 17 basis points to

3.80%, and the 10-year Treasury yield also declined 17 basis points to 4.23%. The spread between the 2-year and 10-year Treasury yield points on the curve edged up to +51 basis points at June month-end versus +50 basis points at May month-end. The spread between the 2- year Treasury and 10-year Treasury yield one year ago was -36 basis points. The spread between the 3-month and 10-year Treasury yield points on the curve was -7 basis points in June, versus -6 basis points in May.

ECONOMIC UPDATE
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Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025) -400
-200
0 200
400
600
800
1,000MOM Change In Thousands (000's)
Nonfarm Payroll (000's)
Non-farm Payroll (000's)
3-month average (000's)

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%
Unemployment Rate
Underemployment Rate (U6)
Unemployment Rate (U3)
Rate (%)
The U.S. economy added 147,000 jobs in June, exceeding consensus expectations, and the last two months were revised up by 16,000.

Gains were primarily driven by state and local government education, while job growth in service sectors languished. The three-month moving average and six-month moving average payrolls totaled 150,000 and 130,000 respectively. The unemployment rate declined to

4.1% in June from 4.2% in May, due to a shrinking labor force. The labor participation rate dipped to 62.3%, remaining below the pre- pandemic level of 63.3%. The U-6 underemployment rate, which includes those who are marginally attached to the labor force and employed part time for economic reasons dropped to 7.7% in June. Average hourly earnings fell slightly, marking a 3.7% year-over-year increase.

Source: US Department of Labor Source: US Department of Labor

EMPLOYMENT
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Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025) 0 2,000
4,000
6,000
8,000
10,000
12,000
14,000
Job Openings
Recession
Historical Average
In Thousands (000's)
The Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) unexpectedly roseto 7.77 million new job openings in May from

7.40 million in April. Layoffs declined and the quits rate increased. Job openings indicate a ratio of approximately 1.1 jobs for each unemployed individual, representing a relatively balanced labor market.

Source: US Department of Labor

JOB OPENINGS & LABOR TURNOVER SURVEY
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0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Consumer Price Index (CPI)
CPI YOY % Change
Core CPI YOY % Change
YOY (%) Change

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Personal Consumption Expenditures (PCE)
PCE Price Deflator YOY % Change
PCE Core Deflator YOY % Change
Fed Target
YOY (%) Change
In May, the Consumer Price Index (CPI) cooled slightly more than consensus expectations. The headline CPI increased 0.1% month-over- month and rose 2.4% year-over-year, while the Core CPI rose 0.1% month-over-month and 2.8% year-over-year. The Personal Consumption Expenditures (PCE) price index increased 0.1% month-over-month and rose 2.3% year-over-year in May. The Core PCE deflator, which excludes food and energy and is the Fed’s preferred gauge, increased 0.2% month-over-month and 2.7% year-over-year, up from April’s

2.6% year-over-year increase. Inflation is hovering above the Fed’s 2% target.

Source: US Department of Labor Source: US Department of Commerce

INFLATION
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Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025) -10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%
Retail Sales YOY % Change
YOY (%) Change
Advance Retail Sales were down 0.9% month-over-monthin May, further slowing from a downwardly revised -0.1%in April. Declines were led by auto sales, building materials, garden equipment and supplies, and spending at restaurants and bars fell by the most since early 2023. Control group sales, which feed into GDP, were the only bright spot in the report, with a 0.4% increase. On a year-over-year basis, Retail Sales grew 3.3% in May following a 5.0% increase in April. The Conference Board’s Consumer Confidence Index droppedto 93.0 in June from 98.4 in May, as consumers’ assessment of both the current situation and future expectations for income and labor markets soured. While the consumer has been resilient, elevated inflation expectations, concerns about trade policies and tariffs, and general economic and policy uncertainty could pose potential risks to future spending. 0 20
40 60
80 100
120
140
160
Index Level
Consumer Confidence
Recession
Source: US Department of Commerce Source: The Conference Board All time high is 144.70 (1/31/00); All time low is 25.30 (2/28/09)

CONSUMER
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Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025) -25.0%
-20.0%
-15.0%
-10.0%
-5.0%

0.0%

5.0%

10.0%

15.0%
Leading Economic Indicators (LEI)
Recession
YOY (%) Change
-1.00
-0.75
-0.50
-0.25

0.00 0.25

0.50 0.75

1.00 Chicago Fed National Activity Index (CFNAI)
Recession
3 Month Average
The Conference Board’s Leading Economic Index (LEI) fell by 0.1% in May, following a downwardly revised 1.4% decline in April. The LEI decreased by 4.0% year-over-year. The rebound in the stock market was the primary positive contributor, offset by consumer pessimism, weak new orders in manufacturing, the second consecutive month of rising initial unemployment claims, and a drop in housing permits.

The Chicago Fed National Activity Index (CFNAI) improved to -0.28 in May from a downwardly revised -0.36 in April. The three-month moving average dropped to -0.16 in May from 0.06 in April, indicating slightly below trend growth.

Source: The Conference Board Source: Federal Reserve Bank of Chicago

LEADING INDICATORS OF ECONOMIC ACTIVITY
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Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025) 0 200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2,200
2,400
In Thousands of Units
Annualized Housing Starts
Multi Family Housing Starts
Single Family Housing Starts
Housing starts declined 9.8% month-over-month in May to a seasonally adjusted annual rate of 1.256 million units. Single family starts increased 0.4% above the revised April figures, whereas multi-family starts fell -30.4%. Total starts dropped 4.6% compared to May 2024.

Homebuilder confidence is shaky due to elevated mortgage rates, affordability constraints, and a weakening economic outlook. The Freddie Mac 30-year fixed rate mortgage averaged approximately 6.8% in June. According to the Case-Shiller 20-City Home Price Index, housing prices rose 3.4% year-over-year in April, compared to 4.1% in March. Limited inventory, elevated mortgage rates, and lack of affordability continue to weigh on the housing market.

Source: US Department of Commerce Source: S&P
-20.0%
-16.0%
-12.0%
-8.0%
-4.0%

0.0%

4.0%

8.0%

12.0%

16.0%

20.0%

24.0%
S&P/Case-Shiller 20 City Composite Home Price Index
Recession
YOY (%) Change

HOUSING
9 7.a
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Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025) 40 45
50 55
60 65
70 Institute of Supply Management (ISM) Surveys
ISM Manufacturing ISM Services

EXPANDING

CONTRACTING
The Institute for Supply Management (ISM) Manufacturing index edged up to 49.0 in June from 48.5 in May, indicating a continuation of modest contraction in the sector. Inventories and production improved as companies worked through backlogs, while employment and new orders contracted. The ISM Services index increased to 50.8 in June from 49.9 in May, as new orders improved. However, ongoing concerns about the impact of tariffs remain. A reading over 50 indicates expansion, while a reading under 50 indicates contraction.

Source: Institute for Supply Management

SURVEY BASED MEASURES
10 7.a
Packet Pg. 80
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025) Components of GDP 6/24 9/24 12/24 3/25

1.9% 2.5% 2.7% 0.3%

1.5% 0.2% -1.0% 3.9%
-0.9% -0.4% 0.3% -4.6%

0.3% 0.6% 0.3% -0.3%

0.3% 0.3% 0.3% 0.2%

3.0% 3.1% 2.5% -0.5%
Personal Consumption Expenditures
Gross Private Domestic Investment
Net Exports and Imports
Federal Government Expenditures
Total
State and Local (Consumption and Gross
Investment)
-40.0%
-30.0%
-20.0%
-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%
Gross Domestic Product (GDP)
GDP QOQ % Change
GDP YOY % Change
Source: US Department of Commerce Source: US Department of Commerce Real GDP decreased at an annualized rate of 0.5% in the first quarter of 2025, according to the third and final estimate from the Bureauof Economic Analysis, a downward revision from the previously estimated 0.2% decline. This marks the first negative quarter since 2022.

The primary driver of the downward revision was weaker personal consumption expenditures. Net exports remained the primary drag on growth, as imports rose sharply in anticipation of higher tariffs. Gross investment contributed positively, powered by business decisions to get ahead of possible cost increases. The consensus projection calls for 2.1% growth for the second quarter and 1.5% for the full year 2025.

GROSS DOMESTIC PRODUCT (GDP)
11 7.a
Packet Pg. 81
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025) Source: Federal Reserve Source: Bloomberg
0 1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
Federal Reserve Balance Sheet Assets
Recession
In $ millions
As broadly anticipated, the Federal Open Market Committee (FOMC) left the Federal Funds Rate unchanged at the range of 4.25 - 4.50% at the June meeting. In the Summaryof Economic Projections (SEP), Federal Reserve officials continued to pencil in two rate cuts in 2025, while downgrading estimates for economic growth and raising forecasts for both unemployment and inflation this year. The statement indicated that uncertainty about the economic outlook remained elevatedbut had diminished. The monthly redemption capon Treasuries will remain at $5 billion, while the cap on agencies and mortgage-backed securities will be maintained at $35 billion. Since the Fed began its Quantitative Tightening campaign in June 2022, securities holdings have declined by about $2.2 trillion to approximately $6.7 trillion.

FEDERAL RESERVE

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%
Effective Federal Funds Rate
Recession
Yield (%)
12 7.a
Packet Pg. 82
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025) Source: Bloomberg Source: Bloomberg

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
US Treasury Note Yields
2-Year
5-Year
10-Year
Yield (%)

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
US Treasury Yield Curve
Jun-25
Mar-25
Jun-24
Yield (%)
At the end of June, the 2-year Treasury yield was 103 basis points lower, and the 10-Year Treasury yield was 17 basis points lower, year- over-year. The spread between the 2-year and 10-year Treasury yield pointson the curve edged up to +51 basis points at June month-end versus +50 basis points at May month-end. The recent yield curve inversion which began in July 2022 was historically long. The average historical spread (since 2005) is about +99 basis points. The spread between the 3-month and 10-year Treasury yield points on the curve was -7 basis points in June, versus -6 basis points in May.

BOND YIELDS
13 7.a
Packet Pg. 83
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

ACCOUNT PROFILE
14 7.a
Packet Pg. 84
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

OBJECTIVES
Safety of principal is the foremost objective of the investment program. The investment portfolio shall remain sufficiently liquid to meet all requirements that may be reasonably anticipated. The investment portfolio shall be designed with the objective of attaining a market rate of return throughout budgetary and economic cycles, taking into account the investment risk constraints and liquidity needs.

The performance objective for the portfolio is to earn a total rate of return through a market cycle that is equal to or above the return on the benchmark index.

In order to achieve this objective, the portfolio invests in high-quality fixed income securities that comply with the investment policy and all regulations governing the funds. 15 7.a
Packet Pg. 85
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

PORTFOLIO CHARACTERISTICS
City of Campbell | Account #11214 | As of June 30, 2025 Benchmark* 6/30/2025
Portfolio
3/31/2025
Portfolio
Average Maturity (yrs) 2.65 3.09 3.02
Average Modified Duration 2.48 2.58 2.55
Average Purchase Yield 4.06% 3.93%
Average Market Yield 3.78% 4.04% 4.20%
Average Quality** AA+ AA+ AA+
Total Market Value 20,854,973 20,536,778
*Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index **The credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch. 16 7.a
Packet Pg. 86
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

SECTOR DISTRIBUTION
City of Campbell | Account #11214 | As of June 30, 2025 Sector as a Percentage of Market Value
Sector 06/30/2025 03/31/2025
US Treasury 35.91% 36.63%
Corporate 24.98% 23.15%
Agency 15.66% 19.46%
Agency CMBS 10.16% 9.00%
ABS 9.50% 7.72%
Supras 2.31% 2.32%
Muni Bonds 1.01% 1.02%
Money Mkt Fd 0.48% 0.68%
17 7.a
Packet Pg. 87
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

ISSUERS
City of Campbell | Account #11214 | As of June 30, 2025 Issuer Investment Type % Portfolio
Government of The United States US Treasury 35.91%
FHLMC Agency CMBS 10.16%
Farm Credit System Agency 9.65%
Federal Home Loan Banks Agency 6.00%
International Bank for Recon and Dev Supras 2.31%
BMW Vehicle Owner Trust ABS 1.96%
Toyota Motor Corporation Corporate 1.94%
American Express Credit Master Trust ABS 1.81%
Bank of America Corporation Corporate 1.48%
John Deere Owner Trust ABS 1.46%
JPMorgan Chase & Co. Corporate 1.30%
National Rural Utilities Cooperative Corporate 1.24%
Caterpillar Inc. Corporate 1.23%
Cisco Systems, Inc. Corporate 1.22%
Marsh & McLennan Companies, Inc. Corporate 1.22%
State Street Corporation Corporate 1.21%
Royal Bank of Canada Corporate 1.21%
UnitedHealth Group Incorporated Corporate 1.17%
GM Financial Securitized Term ABS 1.14%
Eli Lilly and Company Corporate 1.14%
Duke Energy Corporation Corporate 1.13%
PACCAR Inc Corporate 1.13%
Deere & Company Corporate 1.11%
The Home Depot, Inc. Corporate 1.11%
The Toronto-Dominion Bank Corporate 1.10%
BNY Mellon Corp Corporate 1.08%
Toyota Auto Receivables Owner Trust ABS 1.06%
State of California Muni Bonds 1.01%
Honda Motor Co., Ltd. Corporate 0.98%
U.S. Bancorp Corporate 0.97%
18 7.a
Packet Pg. 88
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

ISSUERS
City of Campbell | Account #11214 | As of June 30, 2025 Issuer Investment Type % Portfolio
Walmart Inc. Corporate 0.90%
AbbVie Inc. Corporate 0.61%
Ford Credit Auto Owner Trust ABS 0.59%
Mercedes-Benz Auto Receivables Trust ABS 0.56%
WF Card Issuance Trust ABS 0.53%
Bank of Montreal Corporate 0.49%
Money Market Fund Money Mkt Fd 0.48%
Hyundai Auto Receivables Trust ABS 0.39%
Cash Cash 0.00%
TOTAL 100.00%
19 7.a
Packet Pg. 89
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

QUALITY DISTRIBUTION
Rating 06/30/2025 03/31/2025
AAA 11.8% 10.3%
AA 62.2% 64.7%
A 21.7% 20.8%
NA 4.2% 4.3%
Rating 06/30/2025 03/31/2025
AAA 9.54% 74.20%
AA 67.44% 5.62%
A 19.62% 18.62%
NA 3.41% 1.56%
Rating 06/30/2025 03/31/2025
AAA 14.36% 11.41%
AA 63.53% 67.27%
A 10.02% 10.11%
NA 12.08% 11.22%
City of Campbell | Account #11214 | As of June 30, 2025 S&P Rating Moody’s Rating Fitch Rating
20 7.a
Packet Pg. 90
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

DURATION DISTRIBUTION
City of Campbell | Account #11214 | As of June 30, 2025 Date 0-.25 .25-.5 .5-1 1-2 2-3 3-4 4-5 5-7 7+
06/30/2025 6.4% 0.0% 7.0% 24.2% 17.9% 34.3% 10.2% 0.0% 0.0% 03/31/2025 0.7% 9.6% 4.0% 18.7% 26.2% 20.4% 20.4% 0.0% 0.0% 21 7.a
Packet Pg. 91
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025) 3 Months 12 Months 2 Years 3 Years 5 Years 10 Years Since Inception

TOTAL RATE OF RETURN
City of Campbell 1.54% 2.05%
Benchmark 1.36% 1.89%
*Periods over 1 year are annualized.

Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index Total rate of return: A measure of a portfolio’s performance over time. It is the internal rate of return, which equates the beginning value of the portfolio with the ending market value; it includes interest earnings, realized and unrealized gains and losses in the portfolio.

INVESTMENT PERFORMANCE
City of Campbell | Account #11214 | As of June 30, 2025 Total Rate of Return : Inception | 03/01/2025
22 7.a
Packet Pg. 92
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

PORTFOLIO HOLDINGS
23 7.a
Packet Pg. 93
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

HOLDINGS REPORT
City of Campbell | Account #11214 | As of June 30, 2025 Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
891940AC2 TAOT 2023-A A3 4.63 09/15/2027 94,107.40 11/14/2024

4.63%
94,144.15
94,132.16
100.04

4.59%
94,149.22
193.65

0.46%

17.05 NA/AAA
AAA

2.21 0.51
362962AD4 GMALT 2025-2 A3 4.58
05/22/2028 95,000.00 05/20/2025

4.84%
94,998.42
94,998.47
100.64

4.23%
95,606.70
132.95

0.46%
608.23
NA/AAA
AAA

2.90 1.62
47800RAD5 JDOT 2024 A3 4.96 11/15/2028 200,000.00 02/20/2025

4.63%
201,203.13
201,046.25
100.92

4.29%
201,847.52
440.89

0.98%
801.27
Aaa/NA
AAA

3.38 1.27
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 400,000.00 --

4.69%
404,156.25
403,531.82
101.26

4.11%
405,043.20
345.33

1.96%
1,511.38
Aaa/AAA
NA

3.66 1.12
89239TAD4 TAOT 2024-D A3 4.4 06/15/2029 60,000.00 10/10/2024

4.51%
59,996.65
59,997.16
100.42

4.15%
60,253.07
117.33

0.29%
255.92
Aaa/AAA
NA

3.96 1.44
02589BAE0 AMXCA 2024-3 A 4.65 07/15/2027 200,000.00 02/20/2025

4.57%
200,546.88
200,465.54
101.17

4.08%
202,349.26
413.33

0.98%
1,883.72
NA/AAA
AAA

2.04 1.91
34535VAD6 FORDO 2024-D A3 4.61
08/15/2029 120,000.00 11/19/2024

4.66%
119,996.15
119,996.64
101.00

4.08%
121,200.89
245.87

0.59%
1,204.25
Aaa/NA
AAA

4.13 1.73
38014AAD3 GMCAR 2024-4 A3 4.4
08/16/2029 60,000.00 10/08/2024

4.32%
59,988.44
59,990.13
100.29

4.24%
60,172.75
110.00

0.29%
182.62
Aaa/AAA
NA

4.13 1.41
47800DAD6 JDOT 2025 A3 4.23 09/17/2029 100,000.00 03/04/2025

5.09%
99,993.71
99,994.14
100.25

4.16%
100,246.96
188.00

0.48%
252.82
Aaa/NA
AAA

4.22 2.18
92970QAE5 WFCIT 2024-2 A 4.29 10/15/2029 110,000.00 10/17/2024

4.29%
109,983.65
109,985.90
100.47

4.11%
110,517.11
209.73

0.53%
531.21
Aaa/AAA
NA

4.29 2.14
89231HAD8 TAOT 2025-B A3 4.34 11/15/2029 65,000.00 04/24/2025

4.82%
64,996.28
64,996.42
100.62

4.08%
65,399.93
125.38

0.32%
403.51
NA/AAA
AAA

4.38 2.02
44935XAD7 HART 2025-B A3 4.36 12/17/2029 80,000.00 06/03/2025

4.36%
79,992.78
79,992.87
100.64

4.09%
80,512.16
193.78

0.39%
519.29
NA/AAA
AAA

4.47 2.07
58773DAD6 MBART 2025-1 A3 4.78
12/17/2029 115,000.00 01/14/2025

4.84%
114,975.54
114,977.71
101.32

4.06%
116,519.02
244.31

0.56%
1,541.31
Aaa/NA
AAA

4.47 1.71
362955AD8 GMCAR 2025-1 A3 4.62
12/17/2029 80,000.00 01/09/2025

5.03%
79,994.06
79,994.61
100.90

4.09%
80,716.64
154.00

0.39%
722.03
Aaa/NA
AAA

4.47 1.55
02582JKP4 AMXCA 2025-2 A 4.28 04/15/2030 170,000.00 05/06/2025

4.28%
169,996.92
169,997.00
100.61

4.08%
171,039.84
323.38

0.83%
1,042.84
NA/AAA
AAA

4.79 2.58
Total ABS 1,949,107.40 4.63%
1,954,963.01
1,954,096.83
100.85

4.15%
1,965,574.27
3,437.93

9.50%
11,477.45

3.71 1.63
24 7.a
Packet Pg. 94
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
AGENCY
3130APFH3 FEDERAL HOME LOAN BANKS 0.81
07/29/2025 250,000.00 10/29/2021

0.81%
250,000.00
250,000.00

99.72 4.36%
249,308.92
855.00

1.21%
(691.08)
Aa1/AA+
AA+

0.08 0.08
3130ANVB3 FEDERAL HOME LOAN BANKS 0.8
09/17/2025 1,000,000.00 09/17/2021

0.80%
1,000,000.00
1,000,000.00

99.23 4.47%
992,303.44
2,311.11

4.80%
(7,696.56)
Aa1/AA+
AA+

0.22 0.21
3133ENZC7 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.12 06/22/2026 1,000,000.00 06/22/2022

4.12%
1,000,000.00
1,000,000.00

99.95 4.17%
999,479.58
1,030.00

4.83%
(520.42)
Aa1/AA+
AA+

0.98 0.95
3133ENZY9 FEDERAL FARM CREDIT BANKS
FUNDING CORP 3.96 07/12/2027 1,000,000.00 07/12/2022

3.96%
1,000,000.00
1,000,000.00

99.69 4.12%
996,874.94
18,590.00

4.82%
(3,125.06)
Aa1/AA+
AA+

2.03 1.90
Total Agency 3,250,000.00 2.80%
3,250,000.00
3,250,000.00

99.63 4.26%
3,237,966.88
22,786.11

15.66%
(12,033.12)

1.00 0.95

AGENCY CMBS
3137BSRE5 FHMS K-059 A2 3.12 09/25/2026 250,000.00 11/21/2024

4.55%
243,691.41
245,817.13

98.61 4.22%
246,520.70
650.00

1.19%
703.57
Aa1/AAA
AAA

1.24 1.10
3137FJEH8 FHMS K-081 A2 3.9 08/25/2028 250,000.00 11/21/2024

4.53%
244,335.94
245,250.45

99.55 4.00%
248,864.08
812.50

1.20%
3,613.63
Aa1/AA+
AAA

3.15 2.89
3137FJKE8 FHMS K-082 A2 3.92 09/25/2028 250,000.00 06/10/2025

4.27%
246,992.19
247,038.23

99.65 3.98%
249,132.28
816.67

1.20%
2,094.05
Aa1/AA+
AAA

3.24 2.92
3137FKSH0 FHMS K-086 A2 3.859 11/25/2028 150,000.00 09/18/2024

3.82%
150,005.86
150,004.76

99.34 4.02%
149,004.90
482.38

0.72%
(999.86)
Aaa/AA+
AA+

3.41 3.09
3137FLN91 FHMS K-091 A2 3.505 03/25/2029 300,000.00 11/14/2024

4.62%
287,074.22
288,926.67

98.06 4.05%
294,181.08
876.25

1.42%
5,254.41
Aa1/AAA
AA+

3.73 3.34
3137FMCR1 FHMS K-093 A2 2.982 05/25/2029 148,909.71 10/16/2024

4.15%
141,883.04
142,958.51

96.30 4.05%
143,405.00
370.04

0.69%
446.49
Aa1/AA+
AAA

3.90 3.40
3137FNAE0 FHMS K-095 A2 2.785 06/25/2029 250,000.00 03/13/2025

4.39%
234,707.03
235,752.45

95.37 4.06%
238,423.20
580.21

1.15%
2,670.75
Aa1/AA+
AAA

3.99 3.60
3137FPHK4 FHMS K-098 A2 2.425 08/25/2029 300,000.00 10/17/2024

4.26%
276,445.31
279,848.85

93.83 4.07%
281,486.73
606.25

1.36%
1,637.88
Aa1/AA+
AAA

4.15 3.78
3137FRUJ8 FHMS K-105 A2 1.872 01/25/2030 275,000.00 03/17/2025

4.43%
244,868.16
246,643.66

90.81 4.12%
249,727.50
429.00

1.21%
3,083.84
Aa1/AA+
AAA

4.57 4.23
25 7.a
Packet Pg. 95
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
2,070,003.16 96.73 2,100,745.46 10.16% 3.49
Total Agency CMBS 2,173,909.71 4.37% 2,082,240.71 4.07% 5,623.29 18,504.75 3.15 CASH
CCYUSD Receivable 377.79 -- 377.79
377.79

1.00 0.00%
377.79

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00
377.79 1.00 377.79 0.00% 0.00
Total Cash 377.79 377.79 0.00% 0.00 0.00 0.00

CORPORATE
91324PEY4 UNITEDHEALTH GROUP INC 4.6
04/15/2027 240,000.00 09/18/2024

3.83%
244,346.40
242,980.66
100.60

4.25%
241,436.43
2,330.67

1.17%
(1,544.24)
A2/A+
A

1.79 1.61
437076DB5 HOME DEPOT INC 4.875
06/25/2027 225,000.00 08/12/2024

4.25%
228,663.00
227,500.94
101.58

4.04%
228,545.17
182.81

1.11%
1,044.23
A2/A
A

1.99 1.80
02665WFK2 AMERICAN HONDA FINANCE
CORP 4.9 07/09/2027 200,000.00 09/18/2024

4.03%
204,578.00
203,302.60
101.23

4.26%
202,455.80
4,682.22

0.98%
(846.80)
A3/A-
NA

2.02 1.87
78017FZQ9 ROYAL BANK OF CANADA 4.51
10/18/2027 250,000.00 11/05/2024

4.66%
249,005.00
249,224.16
100.18

3.33%
250,455.32
2,286.32

1.21%
1,231.16
A1/A
AA-

2.30 1.24
857477CP6 STATE STREET CORP 4.33
10/22/2027 250,000.00 11/07/2024

4.54%
248,537.50
248,856.32
100.51

4.09%
251,272.77
2,074.79

1.21%
2,416.45
Aa3/A
AA-

2.31 2.09
89115A3E0 TORONTO-DOMINION BANK 4.861
01/31/2028 225,000.00 01/28/2025

4.86%
225,000.00
225,000.00
101.37

4.29%
228,079.71
4,587.57

1.10%
3,079.71
A2/A-
AA-

2.59 2.36
17275RBW1 CISCO SYSTEMS INC 4.55
02/24/2028 250,000.00 03/11/2025

4.32%
251,557.50
251,392.54
101.32

4.02%
253,304.98
4,012.85

1.22%
1,912.44
A1/AA-
NA

2.65 2.36
00287YDY2 ABBVIE INC 4.65 03/15/2028 125,000.00 02/18/2025

4.70%
124,833.75
124,852.42
101.51

4.05%
126,889.76
2,018.23

0.61%
2,037.33
A3/A-
NA

2.71 2.41
06406RBG1 BANK OF NEW YORK MELLON
CORP 3.992 06/13/2028 225,000.00 09/05/2024

4.31%
223,128.00
223,680.33

99.65 4.63%
224,202.92
449.10

1.08%
522.59
Aa3/A
AA-

2.96 1.85
46647PDG8 JPMORGAN CHASE & CO 4.851
07/25/2028 150,000.00 08/12/2024

4.62%
150,933.00
150,653.79
101.04

4.96%
151,563.74
3,153.15

0.73%
909.94
A1/A
AA-

3.07 1.91
46647PEU6 JPMORGAN CHASE & CO 4.915
01/24/2029 115,000.00 01/16/2025

4.92%
115,000.00
115,000.00
101.34

4.58%
116,544.28
2,465.01

0.56%
1,544.28
A1/A
AA-

3.57 2.34
26 7.a
Packet Pg. 96
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
06051GMK2 BANK OF AMERICA CORP 4.979
01/24/2029 150,000.00 01/17/2025

4.98%
150,000.00
150,000.00
101.43

4.61%
152,139.58
3,257.10

0.74%
2,139.58
A1/A-
AA-

3.57 2.34
06368MJG0 BANK OF MONTREAL 5.004
01/27/2029 100,000.00 01/22/2025

5.01%
100,000.00
100,000.00
101.62

4.53%
101,619.27
2,140.60

0.49%
1,619.27
A2/A-
AA-

3.58 2.35
91159HJK7 US BANCORP 4.653 02/01/2029 200,000.00 09/05/2024

4.47%
201,116.00
200,848.45
100.65

4.72%
201,297.45
3,877.50

0.97%
449.00
A3/A
A

3.59 2.37
06051GLG2 BANK OF AMERICA CORP 5.202
04/25/2029 150,000.00 08/12/2024

4.69%
152,550.00
151,942.23
102.20

4.77%
153,294.30
1,430.55

0.74%
1,352.07
A1/A-
AA-

3.82 2.58
24422EXT1 JOHN DEERE CAPITAL CORP 4.85
06/11/2029 225,000.00 08/12/2024

4.40%
229,338.00
228,545.69
102.46

4.17%
230,531.60
606.25

1.11%
1,985.90
A1/A
A+

3.95 3.56
89236TMK8 TOYOTA MOTOR CREDIT CORP

4.55 08/09/2029 225,000.00 08/12/2024

4.49%
225,567.00
225,466.79
100.80

4.33%
226,803.74
4,038.13

1.10%
1,336.94
A1/A+
A+

4.11 3.65
532457CQ9 ELI LILLY AND CO 4.2 08/14/2029 235,000.00 08/12/2024

4.22%
234,769.70
234,810.19
100.35

4.10%
235,834.11
3,756.08

1.14%
1,023.92
Aa3/A+
NA

4.12 3.62
26442CAY0 DUKE ENERGY CAROLINAS LLC

2.45 08/15/2029 250,000.00 12/18/2024

4.72%
226,517.50
229,197.27

93.27 4.25%
233,182.12
2,313.89

1.13%
3,984.85
Aa3/A
NA

4.13 3.82
14913UAU4 CATERPILLAR FINANCIAL SERVICES
CORP 4.7 11/15/2029 250,000.00 11/12/2024

4.74%
249,592.50
249,643.38
101.85

4.23%
254,613.14
1,501.39

1.23%
4,969.76
A2/A
A+

4.38 3.90
89236TNA9 TOYOTA MOTOR CREDIT CORP

4.95 01/09/2030 170,000.00 01/06/2025

5.00%
169,636.20
169,670.67
102.26

4.39%
173,846.26
4,020.50

0.84%
4,175.59
A1/A+
A+

4.53 3.93
63743HFX5

NATIONAL RURAL UTILITIES
COOPERATIVE FINANCE CORP 4.95
02/07/2030
250,000.00 02/20/2025

4.90%
250,550.00
250,509.85
102.28

4.40%
255,709.62
4,950.00

1.24%
5,199.76
A2/NA
A

4.61 3.94
571748CA8 MARSH & MCLENNAN
COMPANIES INC 4.65 03/15/2030 250,000.00 03/24/2025

4.67%
249,755.00
249,768.22
101.13

4.38%
252,819.51
3,422.92

1.22%
3,051.29
A3/A-
A-

4.71 4.07
931142FN8 WALMART INC 4.35 04/28/2030 185,000.00 04/23/2025

4.39%
184,679.95
184,691.17
101.15

4.09%
187,118.26
1,408.31

0.90%
2,427.10
Aa2/AA
AA

4.83 4.22
69371RT71 PACCAR FINANCIAL CORP 4.55
05/08/2030 230,000.00 05/05/2025

4.59%
229,643.50
229,654.04
101.26

4.26%
232,902.25
1,540.68

1.13%
3,248.21
A1/A+
NA

4.85 4.29
Total Corporate 5,125,000.00 4.54%
5,119,297.50
5,117,191.72
100.84

4.27%
5,166,462.06
66,506.61

24.98%
49,270.34

3.46 2.86

MONEY MARKET
FUND
27 7.a
Packet Pg. 97
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
X9USDDGCM DREYFUS GVT CM INST 98,732.84 --

4.21%
98,732.84
98,732.84

1.00 4.21%
98,732.84

0.00 0.48%

0.00 Aaa/AAAm
NA

0.00 0.00
Total Money Market
Fund 98,732.84 4.21%
98,732.84
98,732.84

1.00 4.21%
98,732.84

0.00 0.48%

0.00 0.00

0.00 MUNICIPAL BONDS
13063EGT7 CALIFORNIA STATE 4.5 08/01/2029 205,000.00 10/30/2024

4.38%
206,080.35
205,931.72
101.77

4.02%
208,637.73
3,843.75

1.01%
2,706.00
Aa2/AA-
AA

4.09 3.64
Total Municipal
Bonds 205,000.00 4.38%
206,080.35
205,931.72
101.77

4.02%
208,637.73
3,843.75

1.01%
2,706.00

4.09 3.64

SUPRANATIONAL
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
350,000.00 12/13/2024

4.29%
343,689.50
344,393.84
100.24

3.81%
350,822.70
2,825.52

1.70%
6,428.86
Aaa/AAA
NA

4.30 3.89
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
125,000.00 03/14/2025

4.20%
124,553.75
124,578.92
101.23

3.84%
126,531.37
1,446.61

0.61%
1,952.45
Aaa/AAA
NA

4.72 4.21
Total Supranational 475,000.00 4.27%
468,243.25
468,972.77
100.50

3.82%
477,354.07
4,272.14

2.31%
8,381.30

4.41 3.98

US TREASURY
91282CGR6 UNITED STATES TREASURY 4.625
03/15/2026 350,000.00 08/20/2024

4.14%
352,542.97
351,144.56
100.35

4.11%
351,233.89
4,750.68

1.70%

89.33 Aa1/AA+
AA+

0.71 0.68
91282CJC6 UNITED STATES TREASURY 4.625
10/15/2026 375,000.00 08/30/2024

3.90%
380,507.81
378,343.01
100.89

3.91%
378,339.84
3,648.82

1.83%
(3.17)
Aa1/AA+
AA+

1.29 1.23
91282CKE0 UNITED STATES TREASURY 4.25
03/15/2027 350,000.00 08/20/2024

3.86%
353,322.27
352,207.75
100.76

3.78%
352,652.34
4,365.49

1.71%
444.59
Aa1/AA+
AA+

1.71 1.61
91282CKZ3 UNITED STATES TREASURY 4.375
07/15/2027 375,000.00 08/08/2024

3.91%
379,804.69
378,340.83
101.25

3.73%
379,672.85
7,568.63

1.84%
1,332.02
Aa1/AA+
AA+

2.04 1.90
91282CFM8 UNITED STATES TREASURY 4.125
09/30/2027 350,000.00 10/31/2024

4.17%
349,521.48
349,630.42
100.91

3.70%
353,185.55
3,629.10

1.71%
3,555.13
Aa1/AA+
AA+

2.25 2.11
28 7.a
Packet Pg. 98
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028 375,000.00 08/08/2024

3.87%
376,552.73
376,163.05
100.76

3.70%
377,841.80
5,013.59

1.83%
1,678.74
Aa1/AA+
AA+

2.67 2.48
91282CHK0 UNITED STATES TREASURY 4.0
06/30/2028 350,000.00 08/20/2024

3.76%
353,007.81
352,337.51
100.86

3.69%
353,007.81

38.04 1.71%
670.30
Aa1/AA+
AA+

3.00 2.80
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 375,000.00 08/08/2024

3.85%
389,765.63
386,648.02
103.59

3.72%
388,476.75
3,079.99

1.88%
1,828.73
Aa1/AA+
AA+

3.34 3.04
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 375,000.00 11/26/2024

4.21%
375,585.94
375,504.50
101.76

3.73%
381,606.45
5,326.94

1.85%
6,101.95
Aa1/AA+
AA+

3.67 3.33
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 350,000.00 11/18/2024

4.31%
347,498.05
347,849.86
101.35

3.73%
354,730.47
3,629.10

1.72%
6,880.60
Aa1/AA+
AA+

3.75 3.42
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 375,000.00 08/08/2024

3.84%
387,583.01
385,205.00
103.13

3.74%
386,718.75
2,922.04

1.87%
1,513.75
Aa1/AA+
AA+

3.83 3.47
91282CEV9 UNITED STATES TREASURY 3.25
06/30/2029 350,000.00 11/18/2024

4.31%
334,591.80
336,641.35

98.17 3.75%
343,601.56

30.91 1.66%
6,960.22
Aa1/AA+
AA+

4.00 3.71
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 350,000.00 08/20/2024

3.70%
354,634.77
353,828.50
100.93

3.75%
353,267.58
5,839.78

1.71%
(560.92)
Aa1/AA+
AA+

4.08 3.68
91282CLK5 UNITED STATES TREASURY 3.625
08/31/2029 400,000.00 --

3.60%
400,687.50
400,460.85

99.50 3.75%
398,015.62
4,846.47

1.92%
(2,445.22)
Aa1/AA+
AA+

4.17 3.79
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 400,000.00 --

4.09%
389,617.18
390,947.07

98.99 3.76%
395,968.75
3,519.13

1.91%
5,021.68
Aa1/AA+
AA+

4.25 3.88
91282CLR0 UNITED STATES TREASURY 4.125
10/31/2029 400,000.00 --

4.33%
396,388.68
396,807.56
101.43

3.76%
405,718.75
2,779.89

1.96%
8,911.19
Aa1/AA+
AA+

4.34 3.91
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 400,000.00 12/11/2024

4.09%
400,546.88
400,486.28
101.47

3.76%
405,875.20
1,397.54

1.96%
5,388.92
Aa1/AA+
AA+

4.42 4.00
91282CMD0 UNITED STATES TREASURY 4.375
12/31/2029 400,000.00 --

4.45%
398,679.69
398,800.81
102.48

3.77%
409,921.88

47.55 1.98%
11,121.06
Aa1/AA+
AA+

4.50 4.06
91282CMU2 UNITED STATES TREASURY 4.0
03/31/2030 300,000.00 04/07/2025

3.75%
303,375.00
303,219.06
100.93

3.78%
302,789.06
3,016.39

1.46%
(430.00)
Aa1/AA+
AA+

4.75 4.25
91282CNG2 UNITED STATES TREASURY 4.0
05/31/2030 350,000.00 06/09/2025

4.08%
348,742.19
348,756.74
100.97

3.78%
353,390.80
1,185.79

1.71%
4,634.06
Aa1/AA+
AA+

4.92 4.42
Total US Treasury 7,350,000.00 4.01%
7,372,956.08
7,363,322.73
101.05

3.77%
7,426,015.70
66,635.88

35.91%
62,692.97

3.40 3.10
29 7.a
Packet Pg. 99
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
Total Portfolio 20,627,127.74 4.06%
20,540,653.98
20,540,867.11

99.83 4.04%
20,681,866.80
173,105.70
100.00%
140,999.69

3.09 2.58
Total Market Value +
Accrued 20,854,972.50
30 7.a
Packet Pg. 100
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

TRANSACTIONS
31 7.a
Packet Pg. 101
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

ACQUISITIONS
Purchase 04/08/2025 91282CMU2 300,000.00 UNITED STATES TREASURY

4.0 03/31/2030 101.125 3.75% (303,375.00) (262.30) (303,637.30) 0.00 Purchase 04/28/2025 931142FN8 185,000.00 WALMART INC 4.35 04/28/2030 99.827 4.39% (184,679.95) 0.00 (184,679.95) 0.00 Purchase 04/30/2025 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 99.994 4.82% (64,996.28) 0.00 (64,996.28) 0.00 Purchase 05/08/2025 69371RT71 230,000.00 PACCAR FINANCIAL CORP

4.55 05/08/2030 99.845 4.59% (229,643.50) 0.00 (229,643.50) 0.00 Purchase 05/13/2025 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 99.998 4.28% (169,996.92) 0.00 (169,996.92) 0.00 Purchase 05/29/2025 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/20/2028 99.998 4.84% (94,998.42) 0.00 (94,998.42) 0.00 Purchase 06/10/2025 91282CNG2 350,000.00 UNITED STATES TREASURY

DISPOSITIONS
Sale 04/08/2025 91282CJL6 (350,000.00) UNITED STATES TREASURY

4.875 11/30/2025 100.500 4.30% 351,750.00 6,046.88 357,796.88 510.61 Sale 05/08/2025 3130APFH3 (500,000.00) FEDERAL HOME LOAN BANKS 0.81 07/29/2025 99.190 0.81% 495,950.00 1,113.75 497,063.75 (4,050.00) Sale 06/06/2025 91282CHH7 (375,000.00) UNITED STATES TREASURY

4.125 06/15/2026 100.035 4.10% 375,131.84 7,351.91 382,483.75 34.44 Sale 06/13/2025 3130APFH3 (250,000.00) FEDERAL HOME LOAN BANKS 0.81 07/29/2025 99.503 0.81% 248,757.50 753.75 249,511.25 (1,242.50) Total Sale (1,475,000.00) 1,471,589.34 15,266.29 1,486,855.63 (4,747.45) 32 7.a
Packet Pg. 102
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

TRANSACTION LEDGER
City of Campbell | Account #11214|04/01/2025 Through 06/30/2025| Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
TOTAL
DISPOSITIONS (1,475,000.00) 1,471,589.34 15,266.29 1,486,855.63 (4,747.45) 33 7.a
Packet Pg. 103
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

IMPORTANT DISCLOSURES
2025 Chandler Asset Management, Inc, An Independent Registered Investment Adviser.

Information contained herein is confidential. Prices are provided by ICE Data Services Inc (“IDS”), an independent pricing source. In the event IDS does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance results are presented gross-of-advisory fees and represent the client’s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Source ICE Data Indices, LLC (“ICE”), used with permission. ICE permits use of the ICE indices and related data on an “as is” basis; ICE, its affiliates and their respective third party suppliers disclaim any and all warranties and representations, express and or implied, including any warranties of merchantability or fitness for a particular purpose or use, including the indices, index data and any data included in, related to, or derived therefrom. Neither ICE data, its affiliates or their respective third party providers guarantee the quality, adequacy, accuracy, timeliness or completeness of the indices or the index data or any component thereof, and the indices and index data and all components thereof are provided on an “as is” basis and licensee’s use it at licensee’s own risk. ICE data, its affiliates and their respective third party do not sponsor, endorse, or recommend chandler asset management, or any of its products or services.

This report is provided for informational purposes only and should not be construed as a specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of publication, but may become outdated or superseded at any time without notice. Any opinions or views expressed are based on current market conditions and are subject to change. This report may contain forecasts and forward-looking statements which are inherently limited and should not be relied upon as indicator of future results. Past performance is not indicative of future results. This report is not intended to constitute an offer, solicitation, recommendation or advice regarding any securities or investment strategy and should not be regarded by recipients as a substitute for the exercise of their own judgment.

Fixed income investments are subject to interest, credit and market risk. Interest rate risk: the value of fixed income investments will decline as interest rates rise. Credit risk: the possibility that the borrower may not be able to repay interest and principal. Low rated bonds generally have to pay higher interest rates to attract investors willing to take on greater risk. Market risk: the bond market in general could decline due to economic conditions, especially during periods of rising interest rates.

Ratings information have been provided by Moody’s, s&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities “MBS” reflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest. 34 7.a
Packet Pg. 104
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025)

BENCHMARK DISCLOSURES
City of Campbell | Account #11214 | As of June 30, 2025 Benchmark Disclosure
ICE BofA 1-5 Yr US Treasury & Agency Index
The ICE BofA 1-5 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies. 35 7.a
Packet Pg. 105
Attachment: Chandler Quarterly Report- 6.30.25 (Investment Report - Quarter Ending June 2025) Cashflow Projections for the Month of July 2025
Revenue Receipt Expenditure Payment
Description Amount Description Amount
Community Center/Dev. Leases/Rentals 260,000 Bills & Claims 3,600,000 Environmental Services Fees 75,000 Bills & Claims- Meas O 2,700,000 Franchise Fees 15,000 Payroll (3) 2,700,000
Property Taxes 50,000 Annual Cambrian 36 Annexation payment 200,000 Other Taxes 65,000 CalPERS- health & retirement pmts 700,000 Licenses and Permits 375,000 Mission Square retirement payments 150,000 Fines/Forfeitures/Penalties 15,000 Plan JPA Insurance- Annual premium 1,924,000 Intergovernmental--Gas Taxes 90,000 Annual prepaid CalPERS payment 6,837,114 Intergovernmental--Other incl RPTTF 600,000 Other charges & bank fees 30,000 Investment earnings & interest 588,704 Meas K sales tax escrow deposit 580,000 Charges for Current Services 477,350
Sales & Use Tax 1,940,000
Sales & Use Tax- MEAS K 580,000
Transient Occupancy Tax (monthly) 405,000
Miscellaneous Receipts 210,000
Sub-total (Receipts) 5,746,054 Sub-total (Expenditure) 19,421,114 Amount withdrew from Investments Amount of expected revenue to cover this month's expenditures. 13,675,060 Available for investment. - Total 19,421,114$ Total 19,421,114$

7.b
Packet Pg. 106
Attachment: Cashflow projections (Investment Report - Quarter Ending June 2025) Cashflow Projections for the Month of August 2025
Revenue Receipt Expenditure Payment
Description Amount Description Amount
Community Center/Dev. Leases/Rentals 260,000 Bills & Claims 1,950,000 Environmental Services Fees 15,000 Bills & Claims- Meas O 2,700,000 Franchise Fees 375,000 Payroll 1,800,000
Property Taxes 65,000 MEAS O semi-annual debt service 1,731,300 Other Taxes 20,000 CalPERS 700,000
Licenses and Permits 750,000 SUI Qtrly Tax pmt 75,000 Intergovernmental--Gas Taxes 115,000 Mission Square retirement contribut 150,000 Intergovernmental--Other incl RPTTF 1,950,000 Other charges & bank fees 30,000 Investment earnings & interest 55,650 Meas K sales tax escrow deposit 580,000 Charges for Current Services 735,000
Sales & Use Tax (incl. Meas.K) 1,440,000
Sales & Use Tax- MEAS K 580,000
Transient Occupancy Tax (monthly) 340,000
Miscellaneous Receipts 200,000
Misc Rec- JPA/798 1,000
Sub-total (Receipts) 6,901,650 Sub-total (Expenditure) 9,716,300 Amount withdrew from Investments Amount of expected revenue to cover this month's expenditures. 2,814,650 Available for investment. - Total 9,716,300$ Total 9,716,300$

7.b
Packet Pg. 107
Attachment: Cashflow projections (Investment Report - Quarter Ending June 2025) Cashflow Projections for the Month of September 2025
Revenue Receipt Expenditure Payment
Description Amount Description Amount
Community Center/Dev. Leases/Renta 260,000 Bills & Claims 2,800,000 Environmental Services Fees 22,000 Bills & Claims- Meas O 2,700,000 Property Taxes 55,000 Payroll 1,800,000
Other Taxes 35,000 LRB/TARB semi-annual debt servi 1,656,117 Licenses and Permits 500,000 CalPERS 700,000
Fines/Forfeitures/Penalties 7,000 Mission Square retirement contrib 150,000 Intergovernmental--Gas Taxes 115,000 Armored Vehicle (Bearcat)-annual 60,750 Intergovernmental--Other incl RPTTF 585,000 Other charges & bank fees 30,000 Investment earnings & interest 55,650 Meas K sales tax escrow deposit 580,000 Charges for Current Services 335,000
Sales & Use Tax (incl. Meas.K) 1,440,000
Sales & Use Tax- MEAS K 580,000
SVCE Library grant 500,000
Transient Occupancy Tax (monthly) 210,000
Miscellaneous Receipts 40,000
Misc Rec- JPA/798 61,000
Sub-total (Receipts) 4,800,650 Sub-total (Expenditure) 10,476,867 Amount withdrew from Investments Amount of expected revenue to cover this month's expenditures. 5,676,217 Available for investment. - Total 10,476,867$ Total 10,476,867$

7.b
Packet Pg. 108
Attachment: Cashflow projections (Investment Report - Quarter Ending June 2025) Cashflow Projections for the Month of October 2025
Revenue Receipt Expenditure Payment
Description Amount Description Amount
Community Center/Dev. Leases/Rentals 260,000 Bills & Claims 3,300,000 Environmental Services Fees 20,000 Bills & Claims- Meas O 2,700,000 Property Taxes 930,000 Payroll 1,800,000
Other Taxes 65,000 Wire payments-postage machine r 24,100 Licenses and Permits 990,000 CalPERS- health & retirement pm 700,000 Fines/Forfeitures/Penalties 13,000 Mission Square retirement payme 150,000 Intergovernmental--Gas Taxes 115,000 Other charges & bank fees 30,000 Intergovernmental--Other incl RPTTF 260,000 Meas K sales tax escrow deposit 580,000 Investment earnings & interest 360,854
Charges for Current Services 475,000
Sales & Use Tax (incl. Meas.K) 1,440,000
Sales & Use Tax- MEAS K 580,000
Transient Occupancy Tax (monthly) 485,000
Miscellaneous Receipts 80,000
Misc Rec- JPA/798 65,000
Sub-total (Receipts) 6,138,854 Sub-total (Expenditure) 9,284,100 Amount withdrew from Investments Amount of expected revenue to cover this month's expenditures. 3,145,246 Available for investment. - Total 9,284,100$ Total 9,284,100$

7.b
Packet Pg. 109
Attachment: Cashflow projections (Investment Report - Quarter Ending June 2025) Cashflow Projections for the Month of November 2025
Revenue Receipt Expenditure Payment
Description Amount Description Amount
Community Center/Dev. Leases/Rentals 260,000 Bills & Claims 1,500,000 Environmental Services Fees 33,677 Bills & Claims- Meas O 1,800,000 Franchise Fees 115,333 Payroll 1,800,000
Property Taxes 3,186,000 CalPERS 700,000
Other Taxes 45,615 Mission Square retirement contribu 150,000 Licenses and Permits 435,000 Other charges & bank fees 30,000 Licenses and Permits- Pulte Group 750,000 Meas K sales tax escrow deposit 580,000 Fines/Forfeitures/Penalties 10,000
Intergovernmental--Gas Taxes 90,000
Intergovernmental--Other incl RPTTF 165,000
Investment earnings & interest 36,667
Charges for Current Services 300,000
Sales & Use Tax (incl. Meas.K) 1,440,000
Sales & Use Tax- MEAS K 580,000
Transient Occupancy Tax (monthly) 352,822
Miscellaneous Receipts 298,541
Misc Rec- JPA/798 59,634
Sub-total (Receipts) 8,158,288 Sub-total (Expenditure) 6,560,000 Amount withdrew from Investments Amount of expected revenue to cover this month's expenditures. Available for investment. 1,598,288 Total 8,158,288$ Total 8,158,288$

7.b
Packet Pg. 110
Attachment: Cashflow projections (Investment Report - Quarter Ending June 2025) Cashflow Projections for the Month of December 2025
Revenue Receipt Expenditure Payment
Description Amount Description Amount
Community Center/Dev. Leases/Rentals 260,000 Bills & Claims 1,200,000 Environmental Services Fees 21,000 Bills & Claims- Meas O 2,708,840 Property Taxes 2,433,000 Payroll 1,800,000
Other Taxes 75,000 CalPERS 700,000
Licenses and Permits 400,000 Mission Square retirement contrib 150,000 Fines/Forfeitures/Penalties 3,000 Other charges & bank fees 30,000 Intergovernmental--Gas Taxes 90,000 Meas K sales tax escrow deposit 580,000 Intergovernmental--Other incl RPTTF 160,000
Investment earnings & interest 30,353
Charges for Current Services 550,000
Sales & Use Tax (incl. Meas.K) 1,440,000
Sales & Use Tax- MEAS K 580,000
Transient Occupancy Tax (monthly) 185,000
Miscellaneous Receipts 80,000
Misc Rec- JPA/798 61,000
6,368,353 Sub-total (Expenditure) 7,168,840
Amount withdrew from Investments Amount of expected revenue to cover this month's expenditures. 800,487 Available for investment. - Total 7,168,840$ Total 7,168,840$

7.b
Packet Pg. 111
Attachment: Cashflow projections (Investment Report - Quarter Ending June 2025) Actual Results for the Month of April 2025
Revenue Receipt Expenditure Payment
Description Amount Description Amount
Community Center/Dev. Leases/Rentals 278,535 Outstanding Checks 521,004 Environmental Services Fees 44,891 Bills & Claims 2,153,763 Franchise Fees 842,405 Bills & Claims- Meas O 1,342,000 Property Taxes 3,284,389 Payroll 1,742,763
Other Taxes 79,257 CalPERS- health & retirement pmts 873,536 Licenses and Permits 740,575 Lathrop retention withheld escrow deposit 50,188 Fines/Forfeitures/Penalties 12,758 Mission Square retirement payments 148,396 Intergovernmental--Gas Taxes 94,406 Other charges & bank fees 28,770 Intergovernmental--Other incl RPTTF 165,368
Investment earnings & interest 603,034
Charges for Current Services 381,894
Sales & Use Tax 1,127,477
Transient Occupancy Tax (monthly) 341,649
Miscellaneous Receipts 127,501
Misc Rec- JPA/798 122,818
Sub-total (Receipts) 8,246,955 Sub-total (Expenditure) 6,860,420 Amount withdrew from Investments Amount of expected revenue to cover this month's expenditures. - Available for investment. 1,386,535 Total 8,246,955$ Total 8,246,955$

7.c
Packet Pg. 112
Attachment: Actual Results (Investment Report - Quarter Ending June 2025) Actual Results for the Month of May 2025
Revenue Receipt Expenditure Payment
Description Amount Description Amount
Community Center/Dev. Leases/Rentals 256,747 Outstanding Checks 454,978 Environmental Services Fees 22,742 Bills & Claims 3,557,257 Franchise Fees 101,909 Bills & Claims- Meas O 1,913,000 Property Taxes 3,445,726 Payroll 1,738,277
Other Taxes 57,925 CalPERS 676,230
Licenses and Permits 521,300 Mission Square retirement contributions 147,078 Fines/Forfeitures/Penalties 9,690 Lathrop retention withheld escrow deposit 86,698 Intergovernmental--Gas Taxes 57,387 Meas K sales tax escrow deposit 7,343 Intergovernmental--Other incl RPTTF 393,995 Other charges & bank fees 22,055 Investment earnings & interest 15,350
Charges for Current Services 523,778
Sales & Use Tax 1,311,731
Sales & Use Tax- MEAS K 7,343
Transient Occupancy Tax (monthly) 319,496
Miscellaneous Receipts 187,818
Misc Rec- JPA/798 127,826
Sub-total (Receipts) 7,360,761 Sub-total (Expenditure) 8,602,916 Amount of expected revenue
Amount withdrew from Investments
to cover this month's expenditures. 1,242,155 Available for investment. - Total 8,602,916$ Total 8,602,916$

7.c
Packet Pg. 113
Attachment: Actual Results (Investment Report - Quarter Ending June 2025) Actual Results for the Month of June 2025
Revenue Receipt Expenditure Payment
Description Amount Description Amount
Community Center/Dev. Leases/Rentals 281,680 Outstanding Checks 2,270,645 Environmental Services Fees 3,248 Bills & Claims 3,829,121 Franchise Fees 335,553 Bills & Claims- Meas O 5,189,000 Property Taxes 5,805,885 Lathrop retention withheld escrow deposit 112,697 Other Taxes 22,645 Payroll 2,026,446
Licenses and Permits 424,938 CalPERS 668,773
Fines/Forfeitures/Penalties 8,327 Mission Square retirement contributions 199,455 Intergovernmental--Gas Taxes 115,406 Meas K sales tax escrow deposit 483,417 Intergovernmental--Other incl RPTTF 1,959,699 Other charges & bank fees 33,794 Charges for Current Services 454,741
Sales & Use Tax 1,442,365
Sales & Use Tax- MEAS K 483,417
Transient Occupancy Tax 358,329
Miscellaneous Receipts 52,223
Misc Rec- JPA/798 42,536
Sub-total (Receipts) 11,790,992 Sub-total (Expenditure) 14,813,348 Amount of expected revenue
Amount withdrew from Investments
to cover this month's expenditures. 3,022,356 Available for investment. - Total 14,813,348$ Total 14,813,348$

7.c
Packet Pg. 114
Attachment: Actual Results (Investment Report - Quarter Ending June 2025) City
Council
Report
TITLE: Approval of Parcel Map Including Acceptance of Street Dedication and Public Service Easements Shown on Said Map – 251 Curtner Avenue (Resolution/Roll Call Vote)

RECOMMENDED ACTION
That the City Council adopt a resolution approving the Parcel Map and accept the street dedication and public service easements as shown on the map for the property located at 251 Curtner Avenue.

BACKGROUND
On November 27, 2024, the Community Development Director conditionally approved a Tentative Parcel Map (PLN -2024-66) to allow a two -lot, single -family, residential subdivision of property located at 251 Curtner Avenue.

DISCUSSION
The Parcel Map includes the 30 -foot public street dedication and 5 -foot public service easements necessary to accommodate the approved use of the property. Staff has reviewed the map and found it in compliance with the approved Tentative Parcel Map, the Subdivision Map Act, and Title 20 of the Campbell Municipal Code. The attached resolution has been prepared for Council’s consideration for approval of the Parcel Map and acceptance of the street dedication and public service easements offered for dedication.

FISCAL IMPACT
In addition to the entitlement application fees already paid, and permit fees required for off-site improvement review, the developer has contributed $31,452.00 in Parkland Dedication Fees.

ALTERNATIVES
Determine that the Parcel Map is not consistent with the Tentative Parcel Map or applicable codes, and do not approve the Parcel Map or accept dedications.

Item: 8
Category: CONSENT CALENDAR
Meeting Date: August 4, 2025
8 Packet Pg. 115
Approval of Parcel Map Page 2 of 2
Prepared by:

Roger Storz, Senior Civil Engineer
Reviewed by:

Amy Olay, Public Works Director
Approved by:

Brian Loventhal, City Manager
Attachment:
a. Resolution
b. Parcel Map
8 Packet Pg. 116
RESOLUTION NO. ______________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL

APPROVING THE PARCEL MAP AND ACCEPTING THE

PUBLIC STREET AND PUBLIC SERVICE EASEMENTS OFFERED FOR

DEDICATION FOR THE PROPERTY LOCATED AT
251 CURTNER AVENUE
WHEREAS, on November 27, 2024, the Community Development Director conditionally approved a Tentative Parcel Map ( PLN-2024-66) to allow a two-lot, single -family, residential subdivision of property located at 251 Curtner Avenue; and WHEREAS, a 30-foot public street dedication and 5-foot public service easement s are necessary to accommodate the approved use of the property and ha ve been offered for dedication on the Parcel Map; and
WHEREAS, the Parcel Map has been prepared, reviewed by staff, and found to be in compliance with the Tentative Parcel Map, the Subdivision Map Act and Title 20 of the Campbell Municipal Code.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Campbell that the Parcel Map is hereby approved and the Public Street and Public Se rvice Easements offered for dedication as shown on said map are hereby accepted in conformity with the terms for which they are offered.

PASSED AND ADOPTED this _______ day of __________, 2025 by the following roll call vote:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

APPROVED:
____________________________
Sergio Lopez, Mayor
ATTEST:
_______________________________
Andrea Sanders, City Clerk

8.a
Packet Pg. 117
Attachment: Resolution (Approval of Parcel Map)

8.b
Packet Pg. 118
Attachment: Parcel Map (Approval of Parcel Map)

8.b
Packet Pg. 119
Attachment: Parcel Map (Approval of Parcel Map)

City
Council
Report

TITLE: Approval of Tract Map Approval of Tract Map No. 10641 Including Acceptance of Street Dedication and Public Service Easements Shown on Said Map – 57-101 Gilman Avenue & 60 Dillon Avenue (Resolution/Roll Call Vote)

RECOMMENDED ACTION

That the City Council adopt a resolution approving the Tract Map for Tract No. 10641 and accept the street dedication and public service easements offered for dedication as shown on the map for the property located at 57 -101 Gilman Avenue and 60 Dillon Avenue.

BACKGROUND

On May 7, 2024, the City Council adopted Resolution No. 13151 conditionally approving a Tentative Subdivision Map (PLN -2023-125) to subdivide an existing parcel to create 26 private lots and nine (9) common lots to accommodate 25 townhome units and 10 apartment units on the property located at 57-101 Gilman Avenue & 60 Dillon Avenue.

DISCUSSION

The Tract Map includes an additional five (5) feet of public street dedication along a portion of the Gilman Avenue frontage to provide the required 30 -foot half-street, and public service easements for utilities and emergency access within the proposed private streets necessary to accommodate the approved use of the property. Staff has reviewed the map and found it in compliance with the approved Vesting Tentative Subdivision Map, the Subdivision Map Act, and Title 20 of the Campbell Municipal Code. The attached resolution has been prepared for Council’s consideration for approval of the Tract Map, and acceptance of the street dedication and public service easements offered on said map.

FISCAL IMPACT

The fiscal impacts associated with this subdivision include the project generating the following revenue: Parkland Dedication Fees of $634,600 and estimated annual Property Tax Increase of $64,000. These revenues will be accounted for in the City’s Item: 9
Category: CONSENT CALENDAR
Meeting Date: August 4, 2025
9 Packet Pg. 120
Approval of Tract Map No. 10641 Page 2 of 2
budget once the timing of their payment is known.

ALTERNATIVES
Determine that the Tract Map is not consistent with the Tentative Map or applicable codes, and do not approve the Tract Map with the proposed dedications.

Prepared by:

Roger Storz, Senior Civil Engineer
Reviewed by:

Amy Olay, Public Works Director
Approved by:

Brian Loventhal, City Manager
Attachment:
a. Resolution
b. Gilman Ave Tract Map 10641
9 Packet Pg. 121
RESOLUTION NO. ______________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL APPROVING THE TRACT MAP FOR TRACT NO. 10641 AND ACCEPTING THE

PUBLIC STREET AND PUBLIC SERVICE EASEMENTS OFFERED FOR
DEDICATION FOR THE PROPERTY LOCATED AT 57-101 GILMAN AVENUE & 60

DILLON AVENUE
WHEREAS, on May 7, 2024 the City Council adopted Resolution No. 13151 approving a Tentative Subdivision Map (PLN-2023-125) for the property located at 57-101 Gilman Avenue and 60 Dillon Avenue; and
WHEREAS, public street dedication and public service easements are necessary to accommodate the approved use of the property and have been offered for dedication on the Tract Map; and
WHEREAS, the Tract Map has been prepared, reviewed by staff, and found to be in compliance with the Tentative Map, the Subdivision Map Act and Title 20 of the Campbell Municipal Code.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Campbell that Tract Map 10 641 is hereby approved, and the public streets and public service easements offered for dedication as shown on said map are hereby accepted in conformity with the terms for which they are offered.

PASSED AND ADOPTED this _______ day of _______, 2025 by the following roll call vote:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

APPROVED:
____________________________
Sergio Lopez, Mayor
ATTEST:
_______________________________
Andrea Sanders, City Clerk

9.a
Packet Pg. 122
Attachment: Resolution (Approval of Tract Map No. 10641) TRACT 10641
CivilEngineeringAssociates• •

VICINITY MAPNOT TO SCALE
Hamilton Ave
Campbell Ave
Bascom Ave
Winchester Blvd
Dillon AveRailway AveSITE
17 Gilman Ave

9.b
Packet Pg. 123
Attachment: Gilman Ave Tract Map 10641 (Approval of Tract Map No. 10641)

MAP REFERENCES
TRACT 10641
CivilEngineeringAssociates• •

NOTESBASIS OF BEARINGS

LEGENDABBREVIATIONS

9.b
Packet Pg. 124
Attachment: Gilman Ave Tract Map 10641 (Approval of Tract Map No. 10641) SHEET 4
SHEET 5 SHEET 6 SHEET 7
TRACT 10641
CivilEngineeringAssociates• •

NOTESBASIS OF BEARINGS

LEGENDABBREVIATIONS

9.b
Packet Pg. 125
Attachment: Gilman Ave Tract Map 10641 (Approval of Tract Map No. 10641) TRACT 10641
CivilEngineeringAssociates• •

NOTESBASIS OF BEARINGS
LEGEND

ABBREVIATIONS
SEE SHEET 5
SEE SHEET 5

9.b
Packet Pg. 126
Attachment: Gilman Ave Tract Map 10641 (Approval of Tract Map No. 10641) TRACT 10641
CivilEngineeringAssociates• •

NOTESBASIS OF BEARINGS
LEGEND
ABBREVIATIONSSEE SHEET 6
SEE SHEET 4

9.b
Packet Pg. 127
Attachment: Gilman Ave Tract Map 10641 (Approval of Tract Map No. 10641) TRACT 10641
CivilEngineeringAssociates• •

NOTESBASIS OF BEARINGS
LEGEND

ABBREVIATIONS
SEE SHEET 7
SEE SHEET 5

9.b
Packet Pg. 128
Attachment: Gilman Ave Tract Map 10641 (Approval of Tract Map No. 10641) TRACT 10641
CivilEngineeringAssociates• •

NOTESBASIS OF BEARINGS
LEGEND

ABBREVIATIONS
SEE SHEET 6

9.b
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Attachment: Gilman Ave Tract Map 10641 (Approval of Tract Map No. 10641) City
Council
Report
TITLE: Approval of Tract Map No. 10653 Including Acceptance of Street Dedication and Public Service Easements Shown on Said Map – 320 Virginia Avenue (Resolution/Roll Call Vote)

RECOMMENDED ACTION
That the City Council adopt a resolution approving the Tract Map for Tract No. 10653 and accept the street dedication and public service easements offered for dedication as shown on the map for the property located at 320 Virginia Avenue.

BACKGROUND
On July 23, 2024, the Planning Commission adopted Resolution No. 4714 conditionally approving a Tentative Subdivision Map (PLN -2023-157) to subdivide an existing parcel to create six (6) private lots and nine (9) common lots to allow the construction of forty (40) townhome style condominium units on the property located at 320 Virginia Avenue.

DISCUSSION
The Tract Map includes the 30-foot public street dedication along Virginia Avenue, and public service easements for utilities and emergency access within the proposed private streets necessary to accommodate the approved use of the property. Staff has reviewed the map and found it in compliance with the approved Vesting Tentative Subdivision Map, the Subdivision Map Act, and Title 20 of the Campbell Municipal Code. The attached resolution has been prepared for Council’s consideration for approval of the Tract Map, and acceptance of the street dedication and public service easements offered on said map.

FISCAL IMPACT
The fiscal impacts associated with this subdivision include the project generating the following revenue: Parkland Dedication Fee of $ 788,800 and estimated annual Property Tax Increase of $ 64,000. These revenues will be accounted for in the City’s budget once the timing of their payment is known.

ALTERNATIVES
Item: 10
Category: CONSENT CALENDAR
Meeting Date: August 4, 2025
10 Packet Pg. 130
Approval of Tract Map No. 10653 Page 2 of 2
Determine that the Tract Map is not consistent with the Tentative Map or applicable codes, and do not approve the Tract Map with the proposed dedications.

Prepared by:

Roger Storz, Senior Civil Engineer
Reviewed by:

Amy Olay, Public Works Director
Approved by:

Brian Loventhal, City Manager
Attachment:
a. Resolution
b. 320 Virginia Ave Tract Map 10653
10 Packet Pg. 131
RESOLUTION NO. ______________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL APPROVING THE TRACT MAP FOR TRACT NO. 10653 AND ACCEPTING THE

PUBLIC STREET AND PUBLIC SERVICE EASEMENTS OFFERED FOR

DEDICATION FOR THE PROPERTY LOCATED AT
320 VIRGINIA AVENUE
WHEREAS, on July 23, 2024, the Planning Commission adopted Resolution No. 4714 approving a Tentative Subdivision Map (PLN-2023-157) for the property located at 320 Virginia Avenue; and
WHEREAS, public street dedication and public service easements a re necessary to accommodate the approved use of the property and have been offered for dedication on the Tract Map; and
WHEREAS, the Tract Map has been prepared, reviewed by staff, and found to be in compliance with the Tentative Map, the Subdivision Map Act and Title 20 of the Campbell Municipal Code.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Campbell that Tract Map 10 653 is hereby approved, and the public streets and public service easements offered for dedication as shown on said map are hereby accepted in conformity with the terms for which they are offered.

PASSED AND ADOPTED this _______ day of _______, 2025 by the following roll call vote:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

APPROVED:
____________________________
Sergio Lopez, Mayor
ATTEST:
_______________________________
Andrea Sanders, City Clerk

10.a
Packet Pg. 132
Attachment: Resolution (Approval of Tract Map No. 10653) TRACT 10653
CivilEngineeringAssociates• •

VICINITY MAPNOT TO SCALE
SITE

WINCHESTER BLVDCAMPBELLTOMAS
SAN

HAMILTON AVE

UNION AVE
AVE
17 VIRGINIA AVE

10.b
Packet Pg. 133
Attachment: 320 Virginia Ave Tract Map 10653 (Approval of Tract Map No. 10653)

MAP REFERENCES
NOTESBASIS OF BEARINGSTRACT 10653
CivilEngineeringAssociates• •

ABBREVIATIONSLEGEND

10.b
Packet Pg. 134
Attachment: 320 Virginia Ave Tract Map 10653 (Approval of Tract Map No. 10653) SHEET 4
SHEET 5
SHEET 6
NOTESBASIS OF BEARINGSTRACT 10653
CivilEngineeringAssociates• •

ABBREVIATIONSLEGEND

10.b
Packet Pg. 135
Attachment: 320 Virginia Ave Tract Map 10653 (Approval of Tract Map No. 10653)

NOTESBASIS OF BEARINGS
TRACT 10653
CivilEngineeringAssociates• •

ABBREVIATIONS
LEGEND
SEE SHEET 6SEE SHEET 5

DETAIL A

DETAIL B

10.b
Packet Pg. 136
Attachment: 320 Virginia Ave Tract Map 10653 (Approval of Tract Map No. 10653)

NOTESBASIS OF BEARINGS
TRACT 10653
CivilEngineeringAssociates• •

ABBREVIATIONS
LEGEND
SEE SHEET 6
SEE SHEET 4

DETAIL C

10.b
Packet Pg. 137
Attachment: 320 Virginia Ave Tract Map 10653 (Approval of Tract Map No. 10653)

NOTESBASIS OF BEARINGS
TRACT 10653
CivilEngineeringAssociates• •

ABBREVIATIONS
LEGEND
SEE SHEET 5
SEE SHEET 4

DETAIL D

DETAIL E

10.b
Packet Pg. 138
Attachment: 320 Virginia Ave Tract Map 10653 (Approval of Tract Map No. 10653) City
Council
Report
TITLE: Accept the City Facilities Roof Replacement Project – FY 2024 (24 - TT) and File the Notice of Completion (Resolution/Roll Call Vote)

RECOMMENDED ACTION
That the City Council adopt a resolution accepting the City Facilities Roof Replacement Project for FY 2024 (CIP No. 24 -TT) and directing the Public Works Director or designee to file the Notice of Completion; and authorizing the Finance Director to retain the remaining project balance under CIP No. 24 -TT for upcoming roofing projects in FY 2026.

BACKGROUND
The City of Campbell owns and maintains a total of twenty -six buildings and structures that support a wide range of community programs and services. Collectively, several of these buildings and structures are older in age – requiring frequent and costly repairs to address issues associated with their aging infrastructure and outdated components. In recent years, none has been more evident than the maintenance and repair needs of their roofs – many of which have reached the end of their expected useful life after years of repeated damage from weather -related events and prolonged exposure to the elements. To mitigate further budgetary and resource constraints, staff developed the City Facilities Roof Replacement Project to systematically replace various roofs across the City’s buildings and structures on a five -year funding schedule as programmed in the City’s Capital Improvement Plan (CIP).

In June 2023, the City Facilities Roof Replacement Project (No. 24 -TT) was approved as a CIP project with the adoption of the City’s annual budget for FY 2023 -24, with funding allocated annually for its implementation over a five -year CIP budget schedule.

Each year, staff will identify appropriate replacement locations based on the amount of funds available for that fiscal year, prioritizing buildings and structures with the most critical repair needs while considering other factors related to the age and overall condition of their roof.

The first of these projects under the City Facilities Roof Replacement (24 -TT), were the roof replacements at the Sunnyoaks Fire Station Engine Bay and Campbell Community Center Buildings C and L. On February 18, 2025, the City Council accepted the completion of these projects.

Item: 11
Category: CONSENT CALENDAR
Meeting Date: August 4, 2025
11 Packet Pg. 139
Accept City Facilities Roof Replacement Project 24-TT Page 2 of 4 With the remainder of $375K in funds allocated to the project, the Campbell Community Center Buildings D and H were prioritized as the next locations for FY 2025.

On September 17, 2024, the City Council adopted Resolution No. 13028, approving the plans and specifications for the City Facilities Roof Replacement Project – FY 2024 (24- TT) and authorizing staff to solicit bids from qualified contractors interested in providing the construction services necessary to complete the project. The resolution also authorized the subsequent award of a service contract up to $335,000, with an additional 12% contingency of $40,000 to cover any unforeseen expenses during construction, and authorizing the City Manager to execute the said agreement.

After evaluating those proposals received by the specified bid submission deadline, the City awarded a service contract to Best Contractors, in the amount of $356,670 for the material and labor services, inclusive of a 6% contingency, to complete the City Facilities Roof Replacement project (FY 2024) at the Campbell Community Center Buildings D and H.

DISCUSSION
Construction for the City Facilities Roof Replacement project at the Campbell Community Center Buildings D and H began on April 9, 2025, and concluded on June 1, 2025. All work was completed in accordance with the approved plans and specifications developed for each location by staff, as well as the terms outlined in the executed service contract agreement with Best Contractors. Elements completed during the project’s construction included:
• Removal of existing roof material
• Removal and replacement of wood underlayment damaged by dry rot • Installation of new hot applied 2-ply asphalt roof and associated materials These improvements have extended the operational lifespan of the roofs at the Campbell Community Center Buildings D and H by approximately 20 years.

Additionally, the reinforced structure and enhanced durability of the new roofs will provide greater protection against natural elements and severe weather conditions, such as heavy rainstorms and high winds during the fall and winter months. As a result, the need for frequent structural repairs – and their associate costs – will be significantly reduced, yielding substantial long -term savings and facilitating staff’s efficient utilization of time and resources to address other critical maintenance needs across the City.

With the project now complete, a resolution has been prepared to accept the improvements and direct the Public Works Director, or designee, to file the Notice of Completion with the Santa Clara County Recorder’s Office (Attachment B).

FISCAL IMPACT
The City Facilities Roof Replacement Project for FY 2024 (CIP No. 24 -TT) was 11 Packet Pg. 140
Accept City Facilities Roof Replacement Project 24-TT Page 3 of 4 completed under budget as detailed in the following summaries of its associated costs breakdowns:

Source of Funds Amount
Capital Improvement Project Reserve (CIPR) – City
Facilities Roof Replacement Project (CIP No. 24-TT) $375,000 Use of Funds Amount (Actuals)
Construction Contract with Best Contractors $356,670
Miscellaneous Construction Equipment $ 7,701
Total Project Costs $364,371
Based on the figures above, this project has a remaining project balance of $10,629.

Staff is recommending the City Council to accept the improvements for the City Facilities Roof Replacement Project for FY 2024 (CIP No. 24 -TT); direct the Public Works Director or designee to file the Notice of Completion; and authoriz e the Finance Director to retain the remaining project balance in CIP No. 24 -TT for upcoming roofing projects in FY 2026.

ALTERNATIVES
Do not accept the improvements and direct staff accordingly.

Prepared by:

Ron Taormina, PW Superintendent
Reviewed by:

Amy Olay, Public Works Director
Approved by:
11 Packet Pg. 141
Brian Loventhal, City Manager
Accept City Facilities Roof Replacement Project 24-TT Page 4 of 4 Attachment:
a. Resolution for Roofing project Bldgs D & H and NOC 2025-06-13 b. Notice of Completion
11 Packet Pg. 142
RESOLUTION NO. ________

A RESOL

UTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
ACCEPTING THE CITY FACILITIES ROOF REPLACEMENT PROJECT – FY 2024 NO. 24-TT; DIRECTING THE PUBLIC WORKS DIRECTOR OR DESIGNEE TO FILE THE NOTICE OF COMPLETION; AND AUTHORIZING THE FINANCE DIRECTOR TO RETAIN THE REMAINING PROJECT BALANCE UNDER CIP NO. 24-TT FOR UPCOMING ROOFING PROJETS IN FY 2026

WHEREAS
, in June 2023, the City Facilities Roof Replacement project (CIP No. 24- TT) was approved upon the adoption of the City’s annual CIP budget for FY 2023- 24, with funding allocated annually for its implementation over a five- year CIP budget schedule, beginning in FY 2024 and concluding in FY 2028; and

WHEREAS
, with $375,000 in funds allocated to the project’s CIP budget for FY 2024, staff identified Campbell Community Center Buildings D and H as the priority locations for the project’s second year of implementation; and

WHEREAS
, on September 17, 2024, the City Council adopted Resolution No. 13028, approving the plans and specifications for the project and authorizing staff to solicit bids (proposals) from qualified contractors, along with the subsequent award of a service contract up to $335,000 and a 12% construction contingency amount of $40,000 for any unforeseen expenses during its construction; and

WHEREAS
, on November 12, 2024, upon evaluating those proposals received, the City awarded a service contract to Best Contractors in the amount of $356,670 for the material and labor services to complete the roof replacement project at the Campbell Community Center Buildings D and H; and

WHEREAS
, construction for the project began on April 9, 2025, and concluded on June 1, 2025 – with all work completed in accordance with the approved plans and specifications developed by staff for each project location, as well as the terms outlined in the executed service contract agreement with Best Contractors; and WHEREAS, el
ements completed during construction included: removal of the existing roofing material, removal and replacement of wood underlayment damaged by dry rot, and the installation of a new hot-applied 2-ply asphalt roof and associated materials; and WHEREAS, upo
n its completion, the project’s total costs were $364,371; and WHEREAS, bas
ed on its CIP budget of $375,000, the balance of approximately $10,629 in unspent project funds will be retained and used for the FY 2026 City Facilities Roof Replacement Project; and
NOW,
THEREFORE, BE IT RESOLVED , that the City Council of the City of Campbell hereby accepts the work completed for the City Facilities Roof Replacement Project – FY 2024 (No. 24- TT); directs the Public Works Director, or designee, to file the Notice of Completion; and authorizes the Finance Director to retain the remaining project balance under CIP No. 24-TT for upcoming roofing projects in FY 2026.

Attachment: Resolution for Roofing project Bldgs D & H and NOC 2025-06-13 (Accept City Facilities Roof Replacement Project 24-TT)

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PASS
ED AND ADOPTED this ____ day of _________ 2025, by the following roll call vote:

AYES: C
ouncilmembers:

NOES
: Councilmembers:

ABS
ENT: Councilmembers:

APPROVED
:
_________
_______________
ATTEST: Sergio Lopez, Mayor
_________
_________________
Andrea Sanders, City Clerk
Attachment: Resolution for Roofing project Bldgs D & H and NOC 2025-06-13 (Accept City Facilities Roof Replacement Project 24-TT)

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Attachment: Notice of Completion (Accept City Facilities Roof Replacement Project 24-TT)

City
Council
Report

TITLE: Resolution Approving the New Classification Specifications for Crime Analyst, Environmental Programs Coordinator, and Executive Assistant to the Police Chief (Resolution/Roll Call Vote)

RECOMMENDED ACTION

Adopt a resolution approving the new classification specifications for Crime Analyst, Environmental Programs Coordinator, and Executive Assistant to the Police Chief.

BACKGROUND

On June 17, 2025, the City Council of the City of Campbell adopted Resolution Number 13305 to approve the Fiscal Year 2026 Operating Budget (“Operating Budget”).

The approved Operating Budget included four reclassifications, which resulted in the creation of four new classifications: Crime Analyst, Environmental Programs Coordinator, Executive Assistant to the Police Chief, and Senior Information Technology Administrator, as more fully spelled out below.

With the approval of these four new classifications, staff has worked on creating new classifications specifications that appropriately address the level and scope of the work of each of these positions.

DISCUSSION

In the Operating Budget, the following reclassifications were approved that resulted in new classifications being created:

• One full-time equivalent (FTE) Police Records Specialist to a Crime Analyst • One FTE Environmental Programs Specialist to an Environmental Programs Coordinator
• One FTE Executive Assistant to an Executive Assistant to the Police Chief • One FTE IT Administrator to a Senior Information Technology Administrator

Attached to the proposed resolution are the recommended job specifications for the se three new classifications:

• Attachment B – Crime Analyst Classification Specification Item: 12
Category: CONSENT CALENDAR
Meeting Date: August 4, 2025
12 Packet Pg. 146
Approve New Classification Specifications Page 2 of 3
• Attachment C – Environmental Programs Coordinator Classification Specification • Attachment D – Executive Assistant to the Police Chief Classification Specification

The job specifications for the Senior Information Technology Administrator will be brought to Council at a later date.

To implement the reclassifications approved in the Operating Budget, staff recommends the City Council adopt the resolution approving the job specifications for these new classifications.

FISCAL IMPACT

These positions are already budgeted for in the Fiscal Year 2026 Budget. Approval of the new classification specifications for these positions will not have an additional fiscal impact.

ALTERNATIVES

1. Do not approve the attached resolution approving the job classification specifications for Crime Analyst, Environmental Programs Coordinator, and Executive Assistant to the Police Chief.

2. Direct staff to take other action.

Prepared by:

Ada Chang, Human Resources Manager

Approved by:

Brian Loventhal, City Manager

Attachment:
a. Resolution - New Job Specifications
b. Crime Analyst Job Specification
c. Environmental Programs Coordinator Job Specification 12 Packet Pg. 147
Approve New Classification Specifications Page 3 of 3
d. Executive Assistant to Police Chief Job Specification 12 Packet Pg. 148
RESOLUTION NO. __________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL

APROVING THE NEW CLASSIFICATION SPECIFICATIONS FOR CRIME ANALYST,

ENVIRONMENTAL PROGRAMS COORDINATOR, EXECUTIVE ASSISTANT TO THE

POLICE CHIEF, AND SENIOR INFORMATION TECHNOLOGY ADMINISTRATOR

WHEREAS, four new classifications of Crime Analyst, Environmental Programs Coordinator, Executive Assistant to the Police Chief, and Senior Information Technology Administrator were approved by the City Council on June 17, 2025 in the Fiscal Year 2026 budget; and

WHEREAS, the City of Campbell (“City”) needs to create new classification specifications for Crime Analyst, Environmental Programs Coordinator, Executive Assistant to the Police Chief, and Senior Information Technology Administrator; and

WHEREAS, the City Manager is required by Section 2.12.030 of the Campbell Municipal Code to prepare and submit to the City Council recommendations for the reorganization of offices, departments, and positions which are considered to be in the best interest of efficient, effective and economical conduct of the municipal services provided by the City; and

WHEREAS, Section 3.0 of the Personnel Rules and Regulations requires the Personnel Officer to maintain a classification plan including classification specifications;

NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Campbell does hereby approve the new classification specification s for Crime Analyst, Environmental Programs Coordinator, Executive Assistant to the Police Chief, and Senior Information Technology Administrator.

PASSED AND ADOPTED this ______ day of August 2025, by the following roll call vote:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

APPROVED:

Sergio Lopez, Mayor

ATTEST:

Andrea Sanders, City Clerk

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Attachment: Resolution - New Job Specifications (Approve New Classification Specifications)

CITY OF CAMPBELL

CRIME ANALYST

DEFINITION

Under general supervision, performs administrative, strategic and tactical analyses, studies and research projects related to criminal activity; identifies patterns of actual and anticipated criminal activity and makes recommendations related to resolving or pre venting such activity; and performs other administrative duties in support of the Police Department.

TYPICAL DUTIES

Typical duties will include, but are not limited to:

• Performs routine strategic crime analysis duties, including preparing bulletins, maps, charts, and graphs as well as conducting and presenting historical analysis on both general and specific crime and calls for service information indicating trends, correlations, and other indications; and assisting with research projects, as requested, relating to the crime analysis program;
• Collects, organizes, and analyzes various crime, incident, calls for service, arrests, and data generated throughout the department using a variety of computer databases, electronic spreadsheets, geographic information systems (GIS) applications, desktop publishing, word processing, open-source intelligence, field interview cards, bulletin boards, social media monitoring platforms , and statistical applications to manipulate, examine, and present crime data in written reports;
• Collaborates with the department’s Real-Time Intelligence Center to provide timely crime trend analysis, support active incidents, and enhance situational awareness through data- driven insights;
• Develops and provides statistical information to the department, City Council, other City departments and the public;
• Assists in the preparation of grant applications to secure funds, monitors grant reporting procedures for compliance, and gathers compile and evaluates data to assist in evaluation of grant programs;
• Stays abreast with emerging crime analysis techniques and developments on research methodology and police issues, and make appropriate recommendations for improvements in crime analysis practices;
• Makes written and oral presentations to staff, to communicate emerging or existing crime series, patterns, and trends, suspect and victim profiles, and evidence to support criminal prosecutions;
• Prepares and distributes various weekly and monthly reports, as required; • Builds and maintains positive working relationships with coworkers, other City employees, other agencies, and the public;
• Assists with the development or update of programs, activities, systems, policies, procedures, and methods of operation;
• Collaborates with regional partners, fusion centers, and task forces on intelligence-sharing efforts;
• May provide guidance to staff supporting crime analysis efforts; and • Performs other related duties as required.

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Attachment: Crime Analyst Job Specification (Approve New Classification Specifications)

EMPLOYMENT STANDARDS

Education and Experience:
• Equivalent to graduation from an accredited college or university with a bachelor’s degree in public/business administration, criminal justice, or a related field; and • One (1) year of increasingly complex full-time administrative/analytical experience.

Required Licenses or Certifications:
• International Association of Crime Analysis certification is desirable.

Knowledge of:
• Principles and practices of crime analysis, including statistics and data analysis; • Methods for researching, collecting and collating crime and intelligence data , and report preparation and presentation;
• Computerized geographic information systems (GIS), computer aided dispatch (CAD) and records management systems (RMS) as used in law enforcement; • State-wide justice and crime information systems;
• Recent developments, current literature and information related to crime analysis; • Modern office equipment and computers including word processing, spreadsheet, and database applications;
• Pertinent local, state and federal laws, codes, ordinances, City functions, policies, rules and regulations.

Ability to:
• Research, collect, analyze, and present data and information; • Compile and interpret statistics and analyze various crime data; • Prepare extensive reports, maps, charts, graphs, and other visual aids; • Track and present findings related to criminal activity, patterns and trends; • Prepare predictions of criminal activity based upon previous reported activity and an analysis of typical behavior patterns;
• Interpret and explain department and City policies and procedures; • Evaluate program effectiveness through systems analysis and other programmatic standards;
• Respond to requests and inquiries from the general public; • Evaluate information from multiple sources and determine the importance and limitations of data;
• Utilize various computer systems in statistical analysis and data collection; • Utilize data visualization tools to communicate complex findings; • Communicate clearly and concisely, both orally and in writing; • Establish and maintain effective working relationships with those contacted in the course of work.

Est. 8/25

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Attachment: Crime Analyst Job Specification (Approve New Classification Specifications)

CITY OF CAMPBELL

ENVIRONMENTAL PROGRAMS COORDINATOR

DEFINITION

Under general supervision, develops, implements, and coordinates the City’s environmental initiatives related to sustainability, stormwater , waste management, recycling, air quality, permitting, compliance, and enforcement . This position is responsible for contract management, monitoring, and legislative advocacy; it takes lead responsibility for work plan implementation through direct project assignments, and exercises supervision of environmental programs staff, and coordination of staff in other departments.

This class is distinguished from the Environmental Programs Specialist by the level of responsibility assumed and the complexity of duties assigned. This position is the advanced journey-level classification that oversees the City’s environmental programs.

TYPICAL DUTIES

Typical duties will include, but are not limited to:

• Develops, manages, and directs the work in environmental program areas related to sustainability, stormwater pollution prevention, waste management, recycling, air quality, permitting, compliance, and enforcement;
• Manages and monitors solid waste contract through a joint power authority; • Reviews application plans and specifications for a variety of development construction projects; performs walk-through with applicants; recommends design change options to ensure compliance with environmental regulations; • Conducts and participates in program outreach and education efforts and related activities;
• Performs high -level, complex analyses and prepare s clear and concise spreadsheets, reports, correspondence, policies, procedures, and other written materials;
• Develops and recommends policies to support City goals and ensures adherence to these goals, as well as federal and state regulations; • Reviews and evaluates program effectiveness to develop recommendations and program changes;
• Develops written plans and reports for a variety of environmental programs and initiatives, including sustainability, recycling, stormwater management, waste management, permitting, compliance, and enforcement;
• Keeps current on Federal, State, and local legislation affecting environmental programs and projects ; analyzes implications of new regulations and requirements; tracks Federal, State, and regional legislation and prepare advocacy letters and talking points;
• Prepares public information materials such as notices, brochures, flyers,

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Attachment: Environmental Programs Coordinator Job Specification (Approve New Classification Specifications) newsletters, and other materials; provides educational trainings to City staff, property and business owners, tenants and the general public; • Manages the City's recycling program, including leading efforts to improve processes, communication, and programs to increase landfill diversion rates; • Prepares and presents written reports and presentations to the City Council, Commissions, advisory bodies, business organizations, schools, and neighborhood and community groups;
• Serves as the City's primary point of contact for inquiries, requests, and concerns from the public;
• Researches and prepares submittals for grants;
• Manages the assigned program budget, assists in budget implementation, and tracks and monitors program budget;
• Supervises, coordinates, and manages the work of appropriate staff, consultants, and contractors;
• Represents the City to government agencies; community , professional, and business organizations; and the public; and
• Performs other related duties as assigned.

EMPLOYMENT STANDARDS

Education and Experience:

• Equivalent to Bachelor’s degree in Environmental Studies, Public Administration, or related field; and
• Four (4) years increasingly responsible experience in environmental program development, coordination, and/or implementation , two (2) of which include stormwater compliance and waste management experience.

Knowledge of:
• Principles, practices, terminology, and methods of environmental compliance programs including, but not limited to sustainability, recycling, stormwater and waste management, air quality, permitting, compliance, and enforcement; • Management principles and techniques, including goal -tracking, program development, implementation, evaluation, project management, and policy/program analysis and development;
• Applicable local, state and federal laws, rules, and regulations as they apply to designated and specialized areas of environmental services; • Program development, management, and evaluation techniques; • Budgeting procedures, techniques, and control;
• Advanced-level research and writing techniques;
• Techniques for providing a high level of customer service by effectively dealing with the public, vendors, contractors, and City staff;
• Proper grammar, spelling, vocabulary, and punctuation; and • Modern equipment and communication tools used for business functions and program, project, and task coordination, including computers and software applications relevant to work performed.

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Attachment: Environmental Programs Coordinator Job Specification (Approve New Classification Specifications)

Ability to:

• Evaluate, recommend, develop, plan, and coordinate environmental programs and projects;
• Independently organize work, set assignment priorities, meet critical deadlines, and follow up on assignments;
• Analyze data and prepare technical reports;
• Interpret, explain, and evaluate technical information; understand laws, regulations, and codes;
• Problem-solve and implement creative solutions;
• Prepare and administer budgets;
• Interpret, apply, explain, and ensure compliance with State, Federal and local laws, rules, regulations, policies, and procedures;
• Analyze problems, identify alternative solutions, anticipate possible consequences of proposed actions, and implement recommendations in support of goals; • Supervise, train, coach, and evaluate professional, technical, and clerical staff; • Exercise good judgment and sound decision -making within general policy, procedural, and legal guidelines;
• Communicate clearly and concisely, both orally and in writing, using appropriate grammar and syntax;
• Establish, maintain, and foster positive and effective working relationships with those contacted in the course of work.

Possession of: Valid California Driver's License or the ability to provide alternate transportation as approved by the appointing authority.

Est. 8/2025

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Attachment: Environmental Programs Coordinator Job Specification (Approve New Classification Specifications)

CITY OF CAMPBELL

EXECUTIVE ASSISTANT TO THE POLICE CHIEF

DEFINITION

Under direction, to perform responsible, confidential secretarial and administrative duties for the Police Chief and command staff; and to do related work as required.

TYPICAL DUTIES

Typical duties will include, but are not limited to:

• Performs a wide variety of complex, confidential, clerical and administrative activities in support of the Police Chief and command staff which involve independent judgment and a thorough knowledge of City police operations;
• Screens and sets access and appointments for the Police Chief, greets visitors, ascertains nature of business, takes action or refers to appropriate office; • Establishes, maintains, and controls access to comprehensive and confidential records and files;
• Makes appointments, arranges meetings and makes conference and travel arrangements; • Provides a variety of information to interested parties; prepares correspondence, reports and documents;
• Researches and tabulates a variety of data for projects and studies; • Interact with Federal, State, and Local law enforcement agencies at Chief’s discretion; • Processes department DMV registrations and maintains the confidentiality of all police department vehicles;
• Review and edit department correspondence sent through the chain of command, ensuring documents and reports are professionally presented and adhere to appropriate policies and procedures;
• Participates and assists in the administration of the department budget, prepares budget reports; and processes all purchase orders and billings; • Assumes responsibilities for routine staff functions and projects; • Operates a variety of office equipment, including personal computers; • May prepare agendas and minutes of meetings;
• Assist with the coordination and logistics and Campbell Police Department events; • May supervise clerical staff; and
• Performs other related duties as required.

EMPLOYMENT STANDARDS

Education and Experience:

• Equivalent to completion of the twelfth grade; and
• Six years of increasingly responsible secretarial and staff support experience, including extensive public contact.

Knowledge of:
• Clerical procedures and standards of the Campbell Police Department; • Modern office management; word processing, spreadsheet and database software;

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Attachment: Executive Assistant to Police Chief Job Specification (Approve New Classification Specifications) • Correct English usage and spelling;
• Records retention systems; and
• Basic principles of supervision and budget management.

Ability to:
• Establish adequate recordkeeping and other clerical procedures; • Acquire and apply a thorough knowledge of City and department functions and policies; • Interact effectively with those contacted in the course of work; • Research and assemble a wide variety of data and information; • Prioritize and coordinate tasks and events in a highly sensitive environment; • Follow verbal and written instructions;
• Exercise discretion and independent judgment;
• Communicate clearly and concisely, both orally and in writing; • Learn new processes, software programs, and databases; and • Establish and maintain effective working relationships with those contacted in the course of work.

Possession of: Valid California Driver's License or the ability to provide alternate transportation as approved by the appointing authority.

Est. 8/25

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Attachment: Executive Assistant to Police Chief Job Specification (Approve New Classification Specifications)

City
Council
Report

TITLE: Acceptance of the 2025 Cannabis Tax Fund Grant Program - Department of California Highway Patrol Grant (Resolution/Roll Call Vote)

RECOMMENDED ACTION

That the City Council adopt a resolution approving an agreement setting forth terms under which the City of Campbell accepts the 2025 Cannabis Tax Fund Grant Program - Department of California Highway Patrol, authorizing the City Manager to execute the agreement, and approving a budget adjustment to recognize the grant revenue and corresponding grant related expenditures.

BACKGROUND

With the passage of Proposition 64 in 2016, the Control, Regulate, and Tax Adult Use of Marijuana Act (AUMA), California voters mandated the state set aside funding for the California Highway Patrol (CHP) to award grants to local governments and qualified nonprofit organizations, as described in Revenue and Taxation Code Section 34019(f)(3)(B).

The Cannabis Tax Fund Grant Program funds proposals are aimed toward reducing impaired driving collisions, increasing public awareness surrounding the dangers of impaired driving, and making California’s roadways a safer place to travel.

The Police Department applied for the CTFGP grant for fiscal 2026 and was awarded $311,925 for supplies, equipment, and enforcement overtime.

DISCUSSION

In 2024, the Police Department reported 306 vehicle collisions on our roadways. Of the 306 vehicle collisions, there were 98 collisions that involved injuries with a total of 119 victims, including 1 fatality. Twenty -five of the 98 injury collisions involved alcohol or drugs with 28 victims. Driving under the influence also contributed to 38 property damage collisions. For perspective, 25 out of 98 collisions, or 26%, involved an impaired driver. CPD arrested 172 motorists in 2024 for driving under the infl uence of alcohol, drugs, or a combination of both, issuing 285 moving violation citations and 422 non-moving violation citations. This grant will address impaired driving concerns by Item: 13
Category: CONSENT CALENDAR
Meeting Date: August 4, 2025
13 Packet Pg. 157
CTFGP Grant Page 2 of 3
providing essential equipment for effective traffic enforcement, which is currently hampered by ageing or missing equipment and staffing shortages.

To combat the pervasive threat of impaired driving, staff proposed a comprehensive strategy centered on increased enforcement through strategically deployed DUI checkpoints and saturation patrols. This proactive approach aims to deter impaired driving, enhance public safety, and reduce alcohol -related crashes. Specifically, this proposal requests funding to support the deployment of 20 saturation patrols and two strategically positioned DUI checkpoints throughout the grant period.

Staff also request ed funding for essential equipment, including a dedicated DUI evidence vehicle to facilitate on -site processing and evidence collection, specialized electric motorcycles for enhanced maneuverability and visibility during saturation patrols, and necessary DUI checkpoint signage and cones to ensure public awareness and safety. These resources will empower our officers to effectively identify and apprehend impaired drivers, ultimately making our community safer.

Our current motorcycle fleet is at replacement age or mileage and the department’s evidence trailer is beyond useful life and has a failing roof. Staff had previously tried to include the regular replacement of enforcement motorcycles and new evidence processing vehicle in the fleet budget and u nfortunately the City’s budget could not support the request.

This grant will provide much needed enforcement equipment and resources to address ongoing traffic safety and impaired driving concerns in the City.

FISCAL IMPACT

By purchasing a new evidence vehicle and electric motorcycles, there will be ongoing maintenance costs. However, these will be offset by removing our existing evidence trailer and motorcycles from the vehicle fleet.

The CHP-CTFGP grant provides up to $ 311,925 reimbursement for grant related expenditures in FY 2026 for Marijuana impaired driving related enforcement, equipment and training. Thus, if the grant is accepted, staff also recommends approving a budget adjustment to recognize the grant revenue and grant related expenditures in FY 2026.

Furthermore, there are no matching funds required by the grant. The City would be reimbursed fully for overtime and training expenditures as detailed in the grant.

ALTERNATIVES

Do not accept the grant and fund the necessary equipment and overtime through the City’s General Operating Budget.

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CTFGP Grant Page 3 of 3

Prepared by:

Ian White, Police Captain

Reviewed by:

Gary Berg, Police Chief

Approved by:

Brian Loventhal, City Manager

Attachment:
a. CTFGP Resolution
b. FY25-26 CTFGP Grant Agreement - Campbell PD
c. CTFGP Proposal
d. Budget Adjustment
13 Packet Pg. 159
RESOLUTION NO. ________

BEING A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL

APPROVING THE ACCEPTANCE OF AN AGREEMENT SETTING FORTH TERMS UNDER WHICH THE CITY OF CAMPBELL MAY ACCEPT THE 2025

CANNABIS TAX FUND GRANT PROGRAM FROM THE STATE OF CALIFORNIA HIGHWAY PATROL IN THE AMOUNT OF $311,925 IN FISCAL YEAR 2026 AND

APPROVING A BUDGET ADJUSTMENT TO RECOGNIZE THE GRANT REVENUE

AND GRANT RELATED EXPENDITURES

WHEREAS, with the passage of Proposition 64 in 2016, the Control, Regulate, and Tax Adult Use of Marijuana Act (AUMA), California voters mandated the state set aside funding for the California Highway Patrol (CHP) to award grants to local governments and qualified n onprofit organizations, as described in Revenue and Taxation Code Section 34019(f)(3)(B); and

WHEREAS, the California Highway Patrol evaluates potential programs to make effective use of the grant program funds; and

WHEREAS, the City of Campbell applied for a Cannabis Tax Fund Grant for supplies, equipment, overt ime, and training reimbursement to conduct DUI saturation patrols, DUI checkpoints, in addition to electric enforcement motorcycles and an evidence processing vehicle; and

WHEREAS, the City of Campbell was awarded up to $ 311,925 by the California Highway Patrol for potential reimbursement for the aforementioned; and

WHEREAS, the interested parties have negotiated a proposed agreement to address their respective obligations and liabilities as shown in the attached agreement; and

WHEREAS, a budget adjustment shown as attached is necessary to recognize the grant revenue and grant related expenditures.

NOW THEREFORE, BE IT RESOLVED, that the City Council approves the acceptance of an agreement s etting forth terms under which the City of Campbell may accept the 2025 Cannabis Tax Fund grant from the State of California Highway Patrol set forth in the attachments to this Resolution; authorizes the Finance Director to implement a budget adjustment and incorporated by reference to recognize grant revenue of $311,925 from the California Highway Patrol CTFGP Grant and grant related expenditures of $311,925 in Fiscal Year 2026.

PASSED AND ADOPTED this 4th day of August 2025, by the following roll call vote:

AYES: COUNCILMEMBERS:

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Attachment: CTFGP Resolution (CTFGP Grant)
NOES: COUNCILMEMBERS:

ABSENT: COUNCILMEMBERS:

APPROVED:

___________________________
Sergio Lopez, Mayor

ATTEST:

____________________________
Andrea Sanders, City Clerk

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Attachment: CTFGP Resolution (CTFGP Grant)

State of California

DEPARTMENT OF CALIFORNIA HIGHWAY PATROL
GRANT AGREEMENT - Page 1
Award Number
23402
________________________________________________________________

1. GRANT TITLE
FY25/26 CTFGP Law Enforcement - Campbell Police Department

2. NAME OF ORGANIZATION/AGENCY
Campbell Police Department

3. ORGANIZATION/AGENCY SECTION TO ADMINISTER GRANT

4. PROJECT PERFORMANCE PERIOD
From: 07/01/2025 To: 06/30/2026

5. PURCHASE ORDER NUMBER

6. G RANT OPPORTUNITY INFORMATION DESCRIPTION
Law Enforcement grants provide financial assistance to allied agencies for the education, prevention, and the enforcement of laws related to driving under the influence of alcohol and other drugs, including cannabis and cannabis products.

The intent of the program is to educate the public regarding the dangers of impaired driving, enforce impaired driving laws on the roadway, and improve the Organization/Agency’s effectiveness through training and development of new strategies.

7. FUNDS ALLOCATED UNDER THIS GRANT AGREEMENT SHALL NOT EXCEED $311,925.00

8. TERMS AND CONDITIONS
The Grantee agrees to complete the Project, as described in the Project Description. The Grantee’s Grant Application, and the California Code of Regulations, Title 13, Division 2, Chapter 13, Sections 1890.00-1890.27, are hereby incorporated into this Grant Agreement by reference.

The parties hereto agree to comply with the Terms and Conditions of the following attachments:
• Schedule A – Project Description, Problem Statement, Goals and Objectives, and Method of Procedure • Schedule B – Detailed Budget Estimate
• Schedule B-1 – Budget Narrative

We, the officials named below, hereby swear, under penalty of perjury under the laws of the State of California, that we are duly authorized to legally bind the Grant recipient to the above-described Grant Terms and Conditions.

IN WITNESS WHEREOF, this Grant Agreement is executed by the parties hereto.

9. APPROVAL SIGNATURES
A. AUTHORIZED OFFICIAL OF ORGANIZATION/AGENCY
Name: Brian Loventhal
Title: City Manager
Phone: (408) 866-2749

Address: 70 North 1st Street
Campbell, CA 95008

E-Mail: [email protected]

___________________________ _______________

(Signature) (Date)
B. AUTHORIZED OFFICIAL OF CHP
Name: Andrew Beasley Phone: (916) 843-4360
Title: Captain Fax: (916) 322-3169

Address: 601 North 7th Street
Sacramento, CA 95811

E-Mail: [email protected]

___________________________ _______________
(Signature) (Date)
C. ACCOUNTING OFFICER OF CHP
Name: M. V. Fojas Phone: (916) 843-3531
Title: Commander Fax: (916) 322-3159

Address: 601 North 7th Street
Sacramento, CA 95811

E-Mail: [email protected]

___________________________ _______________
(Signature) (Date)

10. AUTHORIZED FINANCIAL CONTACT TO RECEIVE

REIMBURSEMENT PAYMENTS

Name: Will Fuentes
Title: Finance Director
Phone: (408) 866-2749

Address: 70 North 1st Street
Campbell, CA 95008

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Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant)

TERMS AND CONDITIONS

Grantee shall comply with the California Code of Regulations, Title 13, Division 2, Chapter 13 Section 1890, et seq. and all other Terms and Conditions noted in this Grant Agreement. Failure by the Grantee to comply may result in the termination of this Grant Agreement by the California Highway Patrol (hereafter referred to as State). The State will have no obligation to reimburse the Grantee for any additional costs once the Grant Agreement has been terminated.

A. EXECUTION

1. The State (the California Highway Patrol) hereby awards, to the Grantee, the sum of money stated on page one of this Grant Agreement. This funding is awarded to the Grantee to carry out the Project set forth in the Project Description and the terms and conditions set forth in this Grant Agreement.

2. The funding for this Grant Agreement is allocated pursuant to California Revenue and Taxation Code Section 34019(f)(3)(B). The Grantee agrees that the State’s obligation to pay any sum under this Grant Agreement is contingent upon availability of funds disbursed from the California Cannabis Tax Fund to the State. If there is insufficient funding, the State shall have the option to either: 1) terminate this Grant Agreement; whereby, no party shall have any further obligations or liabilities under this Grant Agreement, or 2) negotiate a Grant Agreement Amendment to reduce the grant award and scope of work to be provided under this Grant Agreement.

3. The Grantee is not to commence or proceed with any work in advance of receiving notice that the Grant Agreement is approved. Any work performed by the Grantee in advance of the date of approval by the State shall be deemed volunteer work and will not be reimbursed by the State.

4. The Grantee agrees to provide any additional funding, beyond what the State has agreed to provide, pursuant to this Grant Agreement, and necessary to complete or carry out the Project, as described in this Grant Agreement. Any modification or alteration of this Grant Agreement, as set forth in the Grant Application submitted by the Grantee and on file with the State, must be submitted in writing thirty (30) calendar days in advance to the State for approval.

5. The Grantee agrees to complete the Project within the timeframe indicated in the Project Performance Period, which is on page one of this Grant Agreement.

B. PROJECT ADMINISTRATION

1. The Grantee shall submit all reimbursements, progress, performance, and/or other required reports concerning the status of work performed in furtherance of this Grant Agreement on a quarterly basis, or as requested by the State.

2. The Grantee shall provide the State with a final report showing all Project expenditures, which includes all State and any other Project funding expended, within sixty (60) calendar days after completion of this Grant Agreement.

3. The Grantee shall ensure all equipment which is purchased, maintained, operated, and/or developed is available for inspection by the State.

4. Equipment purchased through this Grant Agreement shall be used for the education, prevention, and enforcement of impaired driving laws, unless the Grantee is funding a portion of the purchased price not dedicated to impaired driving and that portion is not part of the Project costs.

Equipment purchased under this Grant Agreement must only be used for approved Project- related purposes, unless otherwise approved by the State in writing.

5. Prior to disposition of equipment acquired under this Grant Agreement, the Grantee shall notify the State via e-mail, and by telephone, by calling the California Highway Patrol, Impaired Driving Section, Cannabis Grants Unit at (916) 843-4360.

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Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant)

TERMS AND CONDITIONS

C. PROJECT TERMINATION

1. Grantee or the State may terminate this Grant Agreement at any time prior to the commencement of the Project. Once the Project has commenced, this Grant Agreement may only be terminated if the party withdrawing provides thirty (30) calendar days written notice of their intent to withdraw.

a. If by reason of force majeure the performance hereunder is delayed or prevented, then the term end date may be extended by mutual consent for the same amount of time of such delay or prevention. The term “force majeure” shall mean any fire, flood, earthquake, or public disaster, strike, labor dispute or unrest, embargo, riot, war, insurrection or civil unrest, any act of God, any act of legally constituted authority, or any other cause beyond the Grantee’s control which would excuse the Grantee’s performance as a matter of law.

b. Grantee agrees to provide written notice of an event of force majeure under this Grant Agreement within ten (10) calendar days of the commencement of such event, and within ten (10) calendar days after the termination of such event, unless the force majeure prohibits Grantee from reasonably giving notice within this period. Grantee will give such notice at the earliest possible time following the event of force majeure.

2. Any violations of law committed by the Grantee, misrepresentations of Project information by the Grantee to the State, submission of falsified documents by the Grantee to the State, or failure to provide records by the Grantee to the State when requested for audit or site visit purposes may be cause for termination. If the Project is terminated for the reasons described in this paragraph, the State will have no obligation to reimburse the Grantee for any additional costs once the Grant Agreement has been terminated.

3. The State may terminate this Grant Agreement and be relieved of any payments should the Grantee fail to perform the requirements of this Grant Agreement at the time and in the manner herein provided. Furthermore, the Grantee, upon termination, shall return grant funds not expended by the Grantee as of the date of termination.

4. If this Grant Agreement is terminated, the State may choose to exclude the Grantee from future Grant Opportunities.

D. FINANCIAL RECORDS

1. The Grantee agrees the State, or their designated representative, shall have the right to review and to copy all records and supporting documentation pertaining to the performance of this Grant Agreement. Grantee agrees to maintain such records for possible audit for a minimum of five (5) years after final payment, unless a longer period of records retention is stipulated or required by law. Grantee agrees to allow the auditor(s) access to such records during normal business hours and to allow interviews of any employees who might reasonably have information related to such records. Furthermore, the Grantee agrees to include a similar right for the State to audit all records and interview staff in any subcontract related to performance of this Grant Agreement.

E. HOLD HARMLESS

1. The Grantee agrees to indemnify, defend, and save harmless the State, its officials, agents and employees from any and all claims and losses accruing or resulting to any and all Grantee’s staff, contractors, subcontractors, suppliers, and other person, firm or corporation furnishing or supplying work services, materials, or supplies in connection with the performance of this Grant Agreement, and from any and all claims and losses accruing or resulting to any person, agency, firm, corporation who may be injured or damaged by the Grantee in performance of this Grant Agreement.

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Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant)

TERMS AND CONDITIONS

F. NONDISCRIMINATION

1. The Grantee agrees to comply with State and federal laws outlawing discrimination, including, but not limited to, those prohibiting discrimination because of sex, race, color, ancestry, religion, creed, national origin, physical disability (including HIV and AIDS), mental disability, medical condition (including cancer or genetic characteristics), sexual orientation, political affiliation, position in a labor dispute, age, marital status, and denial of statutorily-required employment- related leave. (GC 12990 [a-f] and CCR, Title 2, Section 8103.)

G. AMERICANS WITH DISABILITIES ACT

1. The Grantee assures the State it complies with the Americans with Disabilities Act (ADA) of 1990, which prohibits discrimination on the basis of disability, as well as all applicable regulations and guidelines issued pursuant to the ADA. (42 U.S.C. 12101 et seq.)

H. DRUG-FREE WORKPLACE

1. The Grantee shall comply with the requirements of the Drug-Free Workplace Act of 1990 and will provide a drug-free workplace by taking the following actions:

a. Publish a statement notifying employees that unlawful manufacture, distribution, dispensation, possession, or use of a controlled substance is prohibited and specifying actions to be taken against employees for violations.

b. Establish a Drug-Free Awareness Program to inform employees about:

i. The dangers of drug abuse in the workplace.

ii. The person's or Organization/Agency's policy of maintaining a drug-free workplace.

iii. Any available counseling, rehabilitation, and employee assistance programs.

iv. Penalties that may be imposed upon employees for drug abuse violations.

c. Every employee who works on the Project will:

i. Receive a copy of the company's drug-free workplace policy statement.

ii. Agree to abide by the terms of the company's statement as a condition of employment on the Grant Agreement.

2. Failure to comply with these requirements may result in suspension of payments under this Grant Agreement, or termination of this Grant Agreement, or both, and Grantee may be ineligible for award of any future Grant Agreements if the department determines that any of the following has occurred:

a. The Grantee has made false certification or violated the certification by failing to carry out the requirements, as noted above. (GC 8350 et seq.)

I. LAW ENFORCEMENT AGENCIES

1. All law enforcement Organization/Agency/Agency Grantees shall comply with California law regarding racial profiling. Specifically, law enforcement Organization/Agency/Agency Grantees shall not engage in the act of racial profiling, as defined in California Penal Code Section 13519.4.

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Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant)

TERMS AND CONDITIONS

J. LABOR CODE/WORKERS' COMPENSATION

1. The Grantee is advised and made aware of the provisions which require every employer to be insured against liability for Worker's Compensation or to undertake self-insurance in accordance with the provisions, and Grantee affirms to comply with such provisions before commencing the performance of the work of this Grant Agreement, (refer to Labor Code Section 3700).

K. GRANT APPLICATION INCORPORATION

1. The Grantee agrees the Grant Application and any subsequent changes or additions approved or required by the State is hereby incorporated into this Grant Agreement.

L. STATE LOBBYING

1. The Grantee is advised that none of the funds provided under this Grant Agreement may be used for any activity specifically designed to urge or influence a state or local legislator to favor or oppose the adoption of any specific legislative proposal pending before any state or local legislative body. Such activities include both direct and indirect (e.g., “grassroots”) lobbying activities, with one exception. This does not preclude a state official, whose salary is supported by this Grant Agreement, from engaging in direct communications with the state or local legislative officials, in accordance with customary state and/or local practice.

M. REPRESENTATION AND WARRANTIES

1. The Grantee represents and warrants that:

a. It is validly existing and in good standing under the laws of the State of California, has, or will have the requisite power, authority, licenses, permits, and the like necessary to carry on its business as it is now being conducted and as contemplated in this Grant Agreement, and will, at all times, lawfully conduct its business in compliance with all applicable federal, state, and local laws, regulations, and rules.

b. It is not a party to any Grant Agreement, written or oral, creating obligations that would prevent it from entering into this Grant Agreement or satisfying the terms herein.

c. If the Grantee is a Nonprofit Organization/Agency, it will maintain its “Active” status with the California Secretary of State, maintain its “Current” status with the California Attorney General’s Registry of Charitable Trusts, and maintain its federal and State of California tax- exempt status. If the Grantee subcontracts with a Nonprofit as part of this Grant Agreement, the Grantee shall ensure the Nonprofit will maintain its “Active” status with the California Secretary of State, maintain its “Current” status with the California Attorney General’s Registry of Charitable Trusts, and maintain its federal and State of California tax-exempt status.

d. All of the information in its Grant Application and all materials submitted are true and accurate.

N. AIR OR WATER POLLUTION VIOLATION

1. Under the state laws, the Grantee shall not be: (1) in violation of any order or resolution not subject to review promulgated by the State Air Resources Board or an air pollution control district; (2) subject to cease and desist order not subject to review issued pursuant to Section 13301 of the Water Code for violation of waste discharge requirements or discharge prohibitions; or (3) finally determined to be in violation of provisions of federal law relating to air or water pollution.

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Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant)

TERMS AND CONDITIONS

O. GRANTEE NAME CHANGE

1. Grantee agrees to immediately inform the State, in writing, of any changes to the name of the person within the Organization/Agency/Agency with delegated signing authority.

2. An Amendment is required to change the Grantee's name, as listed on this Grant Agreement. Upon receipt of legal documentation of the name change, the State will process the Amendment. Payment of invoices presented with a new name cannot be paid prior to approval of said Amendment.

P. RESOLUTION

1. A county, city, district, or other local public body shall provide the State with a copy of a resolution, order, motion, or ordinance of the local governing body, which by law, has authority to enter into a Grant Agreement, authorizing execution of the Grant Agreement.

Q. PAYEE DATA RECORD FORM STD. 204

1. This form shall be completed by all non-governmental Grantees.

R. FINANCIAL INFORMATION SYSTEM FOR CALIFORNIA GOVERNMENT AGENCY TAXPAYER ID FORM

1. This form shall be completed by all Grantees.

S. CONFLICT OF INTEREST

1. This section serves to make the Grantee aware of specific provisions related to current or former state employees. If Grantee has any questions regarding the status of any person rendering services or involved with the Grant Agreement, the Grantee shall contact the State (California Highway Patrol, Impaired Driving Section, Cannabis Grants Unit) immediately for clarification.

2. Current State Employees:

a. No officer or employee shall engage in any employment, activity, or enterprise, from which the officer or employee receives compensation or has a financial interest, and which is sponsored or funded by any state agency, unless the employment, activity, or enterprise is required, as a condition of regular state employment.

b. No officer or employee shall contract on their own behalf, as an independent Grantee, with any state agency to provide goods or services.

3. Former State Employees:

a. For the two-year period from the date they left state employment, no former state officer or employee may enter into a contract in which they engaged in any of the negotiations, transactions, planning, arrangements, or any part of the decision-making process relevant to this Grant Agreement while employed in any capacity by any state agency.

b. For the 12-month period from the date they left state employment, no former state officer or employee may enter into a contract with any state agency if they were employed by that state agency in a policy-making position in the same general subject area as the proposed Grant Agreement within the 12-month period prior to their leaving state service.

4. The authorized representative of the Grantee Organization/Agency, named within this Grant Agreement, warrants their Organization/Agency and its employees have no personal or financial interest and no present or past employment or activity, which would be incompatible with

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Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant)

TERMS AND CONDITIONS

participating in any activity related to this Grant Agreement. For the duration of this Grant Agreement, the Organization/Agency and its employees will not accept any gift, benefit, gratuity or consideration, or begin a personal or financial interest in a party who is associated with this Grant Agreement.

5. The Grantee Organization/Agency and its employees shall not disclose any financial, statistical, personal, technical, media-related, and/or other information or data derived from this Grant Agreement, made available for use by the State, for the purposes of providing services to the State, in conjunction with this Grant Agreement, except as otherwise required by law or explicitly permitted by the State in writing. The Grantee shall immediately advise the State of any person(s) who has access to confidential Project information and intends to disclose that information in violation of this Grant Agreement.

6. The Grantee will not enter into any Grant Agreement or discussions with third parties concerning materials described in paragraph five (5) prior to receiving written confirmation from the State that such third party has a Grant Agreement with the State, similar in nature to this one.

7. The Grantee warrants that only those employees who are authorized and required to use the materials described in paragraph 5 will have access to them.

8. If the Grantee violates any provisions in the above paragraphs, such action by the Grantee shall render this Grant Agreement void.

T. EQUIPMENT-USE TERMS

1. The Grantee agrees any equipment purchased under this Grant Agreement shall be used for impaired driving efforts.

2. Law Enforcement Projects:

a. Oral Fluid Drug Screening Devices and Cannabis/Marijuana Breath Testing Equipment - The Grantee agrees to ensure all personnel using road-side drug testing equipment, including oral fluid drug testing devices and/or cannabis/marijuana breath testing devices, purchased with grant funds from this Grant Agreement, are trained to recognize alcohol and drug impairment.

At a minimum, personnel using these devices should receive Standardized Field Sobriety Testing training. These personnel are also encouraged to attend Advanced Roadside Impaired Driving Enforcement and Drug Recognition Evaluator training. Prior to using these devices, the Grantee agrees to obtain permission from their local prosecutor’s office, establish a policy ensuring appropriate use, and require the staff using these devices to receive appropriate training, which may include training from the manufacturer. This will help ensure the equipment is used appropriately. The Grantee shall advise the State (California Highway Patrol, Impaired Driving Section, Cannabis Grants Unit) of any legal challenges or other items of significance that may affect the use or legal acceptance of these devices.

Additionally, the State may request additional information about the performance of these devices, including information about their use, accuracy, and feedback from personnel using the devices.

b. Law Enforcement Vehicles – The Grantee agrees any law enforcement vehicles purchased with Grant funds, from this Grant Agreement, will be primarily used for the enforcement of driving under the influence laws and/or providing public education, related to the dangers of driving under the influence. Additionally, any vehicle purchased using funds from this Grant Agreement shall comply with all California Vehicle Code and California Code of Regulation requirements. The State may require the Grantee to mark these vehicles with a decal and/or emblem, indicating the vehicle is used for driving under the influence enforcement.

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Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant) Schedule A

Campbell Police Department

All grant awards, including any adjustments to requested funding, were made by the Cannabis Grants Unit based on the merits of the Grant Application, scale of operation, and in accordance with the Request for Application (RFA) requirements and associated regulations. As a result, not all Project activities and items detailed in Schedule A are applicable. Refer to Schedule B - Detailed Budget Estimate for approved Budget line items and Project activities. Project activities and items that are not clearly identified/specified in the Grant Agreement must be submitted to and approved by CGU prior to purchase.

Project Description
The Campbell Police Department (CPD) is committed to maintaining safe roads through detecting impaired drivers and enforcement of the vehicle code. Our proposed project for FY 25/26 seeks to request patrol funding for 2 DUI Checkpoints and 26 DUI Saturation Patrols. The proposed enforcement will be supplemented with a DUI Evidence Vehicle, 4 Electric Police Motorcycles, and DUI Checkpoint Supplies. This request for funding to acquire dedicated DUI equipment represents a strategic investment that will yield significant benefits for the Campbell Police Department for many years with a renewed focus on roadway safety.

Problem Statement & Proposed Solution
The Campbell Police Department (CPD) is located nestled next to San Jose, the most populous city in Northern California, with over 43,000 people in just under 7 square miles. With a vibrant downtown area, numerous recreational areas, many local businesses, and residential neighborhoods, the City of Campbell faces daily traffic challenges due to limited enforcement caused by staffing shortages and high traffic volumes. San Tomas Expressway, Interstate 17, and Interstate 85 are major throughways in its jurisdiction, presenting traffic safety challenges due to unsafe speed, impaired driving, and other collision factors.

In 2024, CPD reported 306 vehicle collisions on our roadways. Of the 306 vehicle collisions, there were 98 collisions that involved injuries with a total of 119 victims, including 1 fatality. Twenty-five of the 98 injury collisions involved alcohol or drugs with 28 victims. Driving under the influence also contributed to 38 property damage collisions. For perspective, 25 out of 98 collisions, or 26%, involved an impaired driver. CPD arrested 172 motorists in 2024 for driving under the influence of alcohol, drugs, or a combination of both, issuing 285 moving violation citations and 422 non-moving violation citations. This grant will address our department's impaired driving concerns by providing essential equipment for effective traffic enforcement, which is currently hampered by ageing or missing equipment and staffing shortages.

Specifically, this proposal requests funding to support the deployment of 20 saturation patrols and two strategically positioned DUI checkpoints throughout the grant period. The success of these enforcement efforts hinges on equipping our officers with the necessary resources. Therefore, we also request funding for essential equipment, including a dedicated DUI evidence vehicle to facilitate on-site processing and evidence collection, specialized electric motorcycles for enhanced maneuverability and visibility during saturation patrols, and necessary DUI checkpoint signage and cones to ensure public awareness and safety. These resources will empower our officers to effectively identify and apprehend impaired drivers, ultimately making our community safer.

This request for funding to acquire dedicated DUI equipment represents a strategic investment that will yield significant benefits for the Campbell Police Department for many years to come.

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Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant) Schedule A

A dedicated DUI evidence vehicle will enhance the department's ability to serve the community by improving the efficiency, safety, and effectiveness of DUI enforcement. This specialized vehicle, equipped with necessary tools such as breathalyzers and roadway signage, provides a safe environment for on-site investigations, evidence collection, and field tests, regardless of oncoming traffic or adverse weather conditions. It also facilitates coordination and resource allocation at complex scenes, particularly those involving multiple drivers, injuries or fatalities, enabling officers to manage multiple investigations successfully.

The vehicle's versatility, durability, and adaptability ensure its long-term value as a resource for the department. This investment will allow us to better serve the community and enhance our response capabilities for impaired driving for the foreseeable future.

Electric police motorcycles will enhance the Campbell Police Department's traffic enforcement capabilities and community engagement. Supplementing our existing fleet, these motorcycles will increase officer deployment and faster response times to traffic collisions, ultimately improving public safety. As the department's first electric motorcycles, they offer environmental benefits through reduced emissions and noise pollution, particularly in sensitive areas like parks and densely populated neighborhoods. Their off-road capabilities will improve patrols along the Los Gatos Creek Trail and Bicycle Trails, allowing access to previously less patrolled areas in our jurisdiction. The lighter weight and clutchless design broaden rider eligibility, likely increasing officer interest due to its simplified operation. The smaller size allows officers to maneuver through traffic more efficiently, decreasing response time to the traffic collisions, and allowing officers to provide life-saving assistance quickly. Police motorcycles will be used primarily for the enforcement of primary collision factors to help reduce the number of serious injuries and fatal traffic collisions in the City of Campbell as well as opportunities for officers to interact with citizens during public education events.

Securing funding for equipment will significantly improve our detection and apprehension capabilities. We are confident that the investment of these grant funds will result in a demonstrable reduction in DUI-related incidents and contribute significantly to the safety of Campbell residents.

Performance Measures/Scope of Work
CPD is seeking grant funding for 26 Saturation Patrols and 2 DUI Checkpoints. These highly visible enforcement operations aim to reduce the number of collisions while increasing the number of arrests. A quantitative measure of a reduction of DUI/DUID incidents by 10% would equate to about 25 incidents. The purchase of equipment will ideally be completed in the first quarter of operations, allowing the project to utilize the items for the duration of the grant period. The number of DUI/DUID incidents will be collected in performance reports every quarter, making comparisons with the previous reporting year. The comparison will allow for better understanding of the impact of the grant funded project on DUI/DUID arrests in the city.

Saturation Patrols: The 26 DUI Saturation Patrols (Q1=6, Q2=6, Q3=7, Q4=7) aim to increase DUI/DUID arrests by 10%. The 4 Zero Electric Motorcycles will be utilized with the proposed enforcement. The marked motorcycles will increase our ability to respond with quicker enforcement and reaction time. Our department's commitment to responding to every call for service is challenged by limited staffing and increasingly congested roadways. Consequently, the proposed motorcycles are expected to provide an effective solution, enabling officers previously unsuitable for the larger, heavier motorcycles to transition to increased traffic enforcement duties.

DUI Checkpoints: The 2 DUI Checkpoints (Q2=1, Q4=1) also aim to increase DUI/DUID arrests by 10%. Our last DUI Checkpoint was operated in Campbell in collaboration with CHP San Jose in May 2023 coinciding with the Cinco De Mayo holiday. The checkpoint resulted in 7 DUI arrests and while the checkpoint proved to be highly successful, limited staffing resources have prevented the department from conducting subsequent checkpoints. This checkpoint also revealed several limitations of insufficient equipment which this project proposal seeks to fulfill. We hope to continue our success and increase the number of DUI/DUID arrests with funding for additional checkpoints. The request for funding a DUI evidence vehicle CPD (Q1= Procurement and Purchase, Q2= Receive, Q2-Q4= Deployment with DUI Checkpoints and Saturation Patrols) and DUI Checkpoint Supplies (Q1=Purchase, Q2= Receive, Q2-Q4= Deployment with DUI Checkpoints and Saturation Patrols) will be utilized during traffic enforcement operations. These highly visible enforcement operations aim to reduce the number of collisions while increasing the number of arrests.

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Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant) Schedule A

Project Performance Evaluation
The grant writer will be responsible for quarterly performance reporting, data collection, and statistics relating to this project. All project activities including challenges and highlights will be reported. The data will be collected through our RMS, CAD, and Crossroads Analytics software. The data will be compared to statistics prior to the grant period to establish a benchmark of grant effectiveness. The Traffic Sergeant will utilize evidence-based data to identify areas for checkpoint deployment and advise officers of areas with high collision rates involving impaired drivers. The Traffic Sergeant will also arrange and schedule saturation patrols. Our Communications and Public Engagement coordinator will issue press releases and social media posts to inform the community about the scheduled enforcement operations. The Police Captain will have a supervisory role and participate in required meetings or reports to ensure grant compliance and progress.

Program Sustainability
As a small agency with limited resources, our department lacks adequate funding required to purchase traffic enforcement equipment. Roadway safety is an important priority for the department and community and this lack of funding is a concern. The equipment are one-time purchases, and maintenance will be the department’s responsibility and come from the general fund. The equipment request does not require recurring costs to the CHP-CTG, and any future requests would likely only be funding for overtime staffing.

The lifespan of the equipment is expected to last many years, allowing the department to take advantage of the generosity of the grant-funded project for much longer than the life of the project. Having the required equipment necessary to host a DUI Checkpoint will allow the department to participate in more collaborative efforts with other local agencies.

Administrative Support
The City of Campbell is deeply committed to roadway safety and demonstrates this commitment through its support of the Campbell Police Department's ongoing DUI/DUID enforcement efforts. This commitment is further reinforced by the collaborative work of the Grant Writer and Police Captain, who diligently manage a portfolio of approximately six grants, ensuring both compliance and accurate reporting. These grants provide crucial funding for traffic safety initiatives, including DUI/DUID enforcement. While the department has received OTS funding for the last 4 years, this project is the first time we are proposing a project with CHP- CTG.

The Traffic Sergeant plays a key role in this effort, overseeing and directing all traffic-related enforcement operations. While CPD is a smaller agency compared to others in the county, its size presents a distinct advantage. This smaller scale allows for streamlined processes, often resulting in fewer bureaucratic hurdles and enabling the department to implement and adapt its traffic safety programs more efficiently. This quick turnaround approach allows the CPD to maximize the impact of its resources and grant funding, contributing significantly to roadway safety within the city.

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Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant) Schedule B

Detailed Budget Estimate

Award Number Organization/Agency Total Amount
23402 Campbell Police Department $311,925.00

Cost Category Line Item Name Total Cost to Grant

Other Direct Costs
DUI Evidence Vehicle Outfitting $28,000.00
DUI Checkpoint Supplies $5,525.00
DUI Patrol Motorcycle Outfitting $41,147.00
Category Sub-Total $74,672.00
Personnel
DUI Saturation Patrols $35,000.00
DUI Checkpoint $15,000.00
Category Sub-Total $50,000.00
Equipment
DUI Patrol Motorcycle $91,853.00
DUI Evidence Vehicle $95,400.00
Category Sub-Total $187,253.00

Grant Total $311,925.00

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Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant) Schedule B-1
Budget Narrative

Campbell Police Department

Prior to engaging in grant-funded Saturation Patrols, DUI Checkpoints, or other enforcement activities in areas where the grantee does not have primary traffic jurisdiction, the grantee should consult with the agency having primary traffic jurisdiction.

Other Direct Costs

DUI Evidence Vehicle Outfitting
$28,000.00

Lights/Radio - $12,000
Onboard Power - $2.500
Rear AC - $4,500
Exterior Scene Lighting - $4,500
Interior Lights - $500
Interior Cabinets - $2,500

DUI Checkpoint Supplies
$5,525.00

Reflective No Left Turn (1) - $280 each
Reflect No Right Turn (1) - $280 each
Single Spring Folding Sign Stand (12) - $190 each
Traffic Cones (100) - $25 each
"CPD" Stencil (100) - $1.65 each

DUI Patrol Motorcycle Outfitting
$41,147.00

Electric Motorcycles (4) - $33,250 each after outfitting - FST Adventure Police Kit (4) - $3,500; $14,000
- Top Case and Mount Kit - $670
- SIde Case mounts with Cases (4) - $1,450; $5,800
- Wire Wheels Rear - $1,350
- Wire WHeels Front - $1,150
- Fog Lights ADV - $450
- Head Light Guard - $150
- 500w DCDC KIT - $450
- Touring Windscreen ADV (4) - $215; $860
- Power tank - Adventure $3,200
- Frame Guard Kit Adventure - $320
- Top Case mount kit - $145
- Side Case mounts - $320
- Low Seat (4) - $140; $560
- 6kw Rapid Charger - Adventure US (4) - $3,000; $12,000 - Skid Plate ADV - $280
- Center stand ADV - $275
- Freight - $695
- Prep & Parts Installation (28 per hour) - $150; $4,200 - Sales (9.13 accessories & labor) - 3416.45

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Packet Pg. 173
Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant) Schedule B-1
Budget Narrative

Campbell Police Department

Personnel

DUI Checkpoint

$15,000.00

DUI Checkpoint; Budget would allow for 1 Sergeant, 2 Agents, and 5 Officers

Classifications (OT pay + benefits)
- Officer: $162 per hour
- Agent: $180 per hour
- Sergeant: $207 per hour

$15,000 will allow for about 2 DUI Checkpoints for 9 officers over 6 hours.

1 Serrgent: $207 x 6 hours = $1,242
2 Agents: $180 x 2 officers = $360 x 6 hours = $2,160
5 Officers: $162 x 5 officers = $810 x 6 hours = $4,860 $8,262 per DUI Checkpoint

2 DUI Checkpoints: $16,500

DUI Saturation Patrols
$35,000.00

Classifications (OT pay + benefits)
- Officer: $162 per hour
- Agent: $180 per hour
- Sergeant: $207 per hour

Saturation Patrols will be conducted with 2 officers at a time for at least 4 hours each. Estimating at the cost per hour at the officer rate of $162 for 2 officers for 4 hours of OT, it will cost at least $1,296 per Saturation Patrol (number could be higher if an agent or sergeant works OT).

The funding of $33,500 will allow for about 26 operations, spread out consistently throughout the year

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Packet Pg. 174
Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant) Schedule B-1
Budget Narrative

Campbell Police Department

Equipment

DUI Evidence Vehicle
$95,400.00

Vehicle price ($87,500)
Vehicle tax ($7,875)

A DUI evidence vehicle serves as a mobile processing center and command post for both DUI checkpoints and saturation patrols, enhancing the efficiency and effectiveness of DUI operations. The vehicle will be equipped and organized with all necessary equipment, including signage and cones, allowing for a enhanced operational efficiency and improved evidence management. A DUI evidence vehicle creates more space for processing DUI suspects and data collection.

For DUI checkpoints, the vehicle expands on-site processing capabilities, allowing for increased efficiency and effectiveness of processing multiple DUI suspects at a busy checkpoint. The highly visible evidence vehicle can also serve as a deterrent effect at the highly visible checkpoint operation. The ability to tow all necessary equipment at one time and the ability to serve as a mobile command center will enhance efficiency, safety, and the effectiveness of DUI checkpoints.

For DUI Saturation Patrols, a mobile evidence vehicle can be quickly deployed to various locations as needed.

Expediated processing times will allow officers to conduct more traffic enforcement and reducing time spent on potentially hazardous roadways. Having all the necessary testing and processing equipment readily available in the vehicle will streamline processing and arrests of suspects.

DUI Patrol Motorcycle
$91,853.00

Motorcycle - $20,995 each or $83,980 total
Vehicle tax - $1,968.25 each or $7,873

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Packet Pg. 175
Attachment: FY25-26 CTFGP Grant Agreement - Campbell PD (CTFGP Grant) Cannabis Grant:

Project Description –
The Campbell Police Department (CPD) is committed to maintaining safe roads through detecting impaired drivers and enforcement of the vehicle code. Our proposed project for FY 25/26 seeks to request patrol funding for 2 DUI Checkpoints and 20 DUI Saturation Patrols. The proposed enforcement will be supplemented with a DUI Evidence Vehicle, 4 Electric Police Motorcycles, and DUI Checkpoint Supplies.

Problem Statement & Proposed Solution –
The Campbell Police Department (CPD) is located nestled next to San Jose, the most populous city in Northern California, with over 43,000 people just under 7 square miles. With a vibrant downtown area, numerous recreational areas, many local businesses, and residential neighborhoods, the City of Campbell faces daily traffic challenges due to limited enforcement caused by staffing shortages and high traffic volumes. San Tomas Expressway, Interstate 17, and Interstate 85 are major throughways in its jurisdiction, presenting traffic safety challenges due to unsafe speed, impaired driving, and other collision factors.

To combat the pervasive threat of impaired driving, we propose a comprehensive strategy centered on increased enforcement through strategically deployed DUI checkpoints and saturation patrols. This proactive approach aims to deter impaired driving, enhance public safety, and reduce alcohol-related crashes. Specifically, this proposal requests funding to support the deployment of 20 saturation patrols and two strategically positioned DUI checkpoints throughout the grant period. The success of these enforcement efforts hinges on equipping our officers with the necessary resources. Therefore, we also request funding for essential equipment, including a dedicated DUI evidence vehicle to facilitate on-site processing and evidence collection, specialized electric motorcycles for enhanced maneuverability and visibility during saturation patrols, and necessary DUI checkpoint signage and cones to ensure public awareness and safety. These resources will empower our officers to effectively identify and apprehend impaired drivers, ultimately making our community safer.

This request for funding to acquire dedicated DUI equipment represents a strategic investment that will yield significant benefits for the Campbell Police Department for many years to come.

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Attachment: CTFGP Proposal (CTFGP Grant)
A dedicated DUI evidence vehicle will enhance the department's ability to serve the community by improving the efficiency, safety, and effectiveness of DUI enforcement. This specialized vehicle, equipped with necessary tools such as breathalyzers and roadway signage, provides a safe environment for on-site investigations, evidence collection, and field tests, regardless of oncoming traffic or adverse weather conditions. It also facilitates coordination and resource allocation at complex scenes, particularly those involving multiple drivers, injuries or fatalities, enabling officers to manage multiple investigations successfully. The vehicle's versatility, durability, and adaptability ensure its long-term value as a resource for the department. This investment will allow us to better serve the community and enhance our response capabilities for impaired driving for the foreseeable future.

Police motorcycles will be used primarily for the enforcement of primary collision factors to help reduce the number of serious injuries and fatal traffic collisions in the City of Campbell as well as opportunities for officers to interact with citizens during public education events.

The Campbell Police Department appreciates the opportunity to apply for grant funding to support the continued growth and enhancement of our DUI enforcement efforts, specifically for equipment and staffing needs. These resources are essential for enhancing our ability to address impaired driving in our community. Securing funding for equipment will significantly improve our detection and apprehension capabilities. We are confident that the investment of these grant funds will result in a demonstrable reduction in DUI-related incidents and contribute significantly to the safety of Campbell residents.

Performance Measures / Scope of Work –
CPD is seeking grant funding for 20 Saturation Patrols and 2 DUI Checkpoints. These highly visible enforcement operations aim to reduce the number of collisions while increasing the number of arrests.

Saturation Patrols: The 20 DUI Saturation Patrols (Q1=3, Q2=5, Q3=6, Q4=6) aim to increase DUI/DUID arrests by 10%. The 4 Zero Electric Motorcycles will be utilized with the proposed enforcement. The marked motorcycles will increase our ability to respond with quicker enforcement and reaction time. Our department's commitment to responding to every call for service is challenged by limited staffing and increasingly congested roadways. Consequently, the proposed motorcycles are expected to provide an effective solution, enabling officers previously unsuitable for the larger, heavier motorcycles to transition to increased traffic enforcement duties.

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Attachment: CTFGP Proposal (CTFGP Grant)

DUI Checkpoints: The 2 DUI Checkpoints (Q2=1, Q4=1) also aim to increase DUI/DUID arrests by 10%.

Our last DUI Checkpoint was operated in Campbell in collaboration with CHP San Jose in May 2023 coinciding with the Cinco De Mayo holiday. The checkpoint resulted in 7 DUI arrests and while the checkpoint proved to be highly successful, limited staffing resources have prevented the department from conducting subsequent checkpoints. This checkpoint also revealed several limitations of insufficient equipment which this project proposal seeks to fulfill. We hope to continue our success and increase the number of DUI/DUID arrests with funding for additional checkpoints. The request for funding a DUI evidence vehicle CPD (Q1= Procurement and Purchase, Q2= Receive, Q2-Q4= Deployment with DUI Checkpoints and Saturation Patrols) and DUI Checkpoint Supplies (Q1=Purchase, Q2= Receive, Q2-Q4= Deployment with DUI Checkpoints and Saturation Patrols) will be utilized during traffic enforcement operations. These highly visible enforcement operations aim to reduce the number of collisions while increasing the number of arrests.

Project Performance Evaluation –
The grant writer will be responsible for quarterly performance reporting, data collection, and statistics relating to this project. All project activities including challenges and highlights will be reported. The data will be collected through our RMS, CAD, and Crossroads Analytics software. The data will be compared to statistics prior to the grant period to establish a benchmark of grant effectiveness. The Traffic Sergeant will utilize evidence-based data to identify areas for checkpoint deployment and advise officers of areas with high collision rates involving impaired drivers. The Traffic Sergeant will also arrange and schedule saturation patrols. Our Communications and Public Engagement coordinator will issue press releases and social media posts to inform the community about the scheduled enforcement operations. The Police Captain will have a supervisory role and participate in required meetings or reports to ensure grant compliance and progress.

Program Sustainability –
As a small agency with limited resources, our department lacks adequate funding required to purchase traffic enforcement equipment. Roadway safety is an important priority for the department and community and this lack of funding is a concern. The equipment are one-time purchases, and maintenance will be the department’s responsibility and come from the general fund. The equipment request does not require recurring costs to the CHP-CTG, and any future requests would likely only be funding for overtime staffing. The lifespan of the equipment is expected to last many years, allowing the department to take advantage of the generosity of the grant funded project for much longer than the life of the project. Having the required equipment necessary to host a DUI Checkpoint will allow the department to participate in more collaborative efforts with other local agencies.

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Attachment: CTFGP Proposal (CTFGP Grant)
Administrative Support –
The City of Campbell is deeply committed to roadway safety and demonstrates this commitment through its support of the Campbell Police Department's ongoing DUI/DUID enforcement efforts. This commitment is further reinforced by the collaborative work of the Grant Writer and Police Captain, who diligently manage a portfolio of approximately six grants, ensuring both compliance and accurate reporting. These grants provide crucial funding for traffic safety initiatives, including DUI/DUID enforcement. While the department has received OTS funding for the last 4 years, this project is the first time we are proposing a project with CHP-CTG.

This quick turnaround approach allows the CPD to maximize the impact of its resources and grant funding, contributing significantly to roadway safety within the city.

Other Grant Programs-
Impaired Driving Enforcement Funding
Our department has received funding through The Office of Traffic Safety (OTS) for impaired driving enforcement from FY 2023 to the present. The grants included funding for DUI Checkpoint supplies such as PAS devices. The grants have allowed us to replace aging devices to ensure accurate and efficient data collection during DUI enforcement. The funding has allowed the department to conduct various traffic enforcement patrols including impaired driving enforcement and DUI checkpoints.

For the current fiscal year 2025, our department has a contract with OTS to conduct traffic enforcement activities. This includes two key components: DUI checkpoints and Saturation Patrols. While the grant funding for officer overtime has been a valuable asset, particularly given our current staffing limitations, we've encountered significant roadblocks in our efforts to maximize the effectiveness of these enforcement activities.

Specifically, the OTS grant has denied our requests for equipment crucial to the success of DUI checkpoints and Saturation Patrols. We've requested funding for essential supplies related to DUI checkpoints, such as breathalyzers, evidentiary materials, and traffic control devices. Furthermore, our requests for additional vehicles to support these operations have also been rejected.

This lack of necessary supplies and equipment is severely hampering our ability to achieve the core goal of the OTS grant, which is to improve roadway safety. Without adequate supplies, we cannot efficiently and effectively conduct DUI checkpoints, potentially missing opportunities to apprehend impaired drivers. Similarly, the shortage of vehicles limits the scope and reach of our Saturation Patrols, reducing our ability to deter and detect traffic violations that contribute to unsafe road conditions.

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Attachment: CTFGP Proposal (CTFGP Grant)
Although both projects share a common focus on addressing impaired driving, they will be managed and executed independently. This separation ensures that there will be no duplication of effort, and more importantly, no risk of one project improperly benefiting from the resources of the other. Specifically, this separation eliminates any possibility of supplanting, which refers to one funding source replacing another for activities that were already being funded. Furthermore, it guarantees that overtime hours will be billed accurately and appropriately to each respective project, preventing any misuse or misallocation of funds.

This clear delineation between the projects ensures financial integrity and proper stewardship of resources while still allowing both projects to contribute to the overarching goal of reducing impaired driving.

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Attachment: CTFGP Proposal (CTFGP Grant)
City of Campbell
Request for Budget Adjustments
Department/Program Division Date Request No.

August 4, 2025 BA-2
Budget to be Reduced
Fund/Program Account Number Description Amount
Budget to be Increased
Fund/Program Account Number Description Amount

EXPENDITURES
212.613 7003 Personnel Costs - Overtime 50,000$
212.613 7427 Special Departmental - DUI Checkpoint Supplies 5,525 212.613 7884 Machinery & Equipment - DUI Patrol Motorcycle, DUI Evidence 256,400 Vehicle, and Outfitting Costs

REVENUES
212.613 4543 311,925
REASON FOR REQUEST - BE SPECIFIC:

Finance Director Police Chief City Manager
Police Department
Will Fuentes Gary Berg Brian Loventhal
613 - Cannabis Tax Grant Fund Program
To prepare the necessary budget adjustments for the FY2025-26 Cannabis Tax Grant Fund Program for the amount of $311,925 from the Department of California Highway Patrol. The grant monies will fund personnel overtime costs, the purchase of DUI patrol motorcycle, DUI evidence vehicle and outfitting costs.

Other State Grants - Cannabis Tax Grant Funds

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Attachment: Budget Adjustment (CTFGP Grant)

City
Council
Report

TITLE: Placing the Cost of Abating Hazardous Vegetation on the Property Tax Assessment Roll (Resolution/Roll Call Vote)

RECOMMENDED ACTION

That the City Council adopt a resolution placing the cost of abating hazardous vegetation on the property tax assessment roll.

DISCUSSION

Abatement of hazardous vegetation (weeds) is managed through the Weed Abatement Division of the Santa Clara County Department of Agriculture and Environmental Management, upon action of the City to notice and authorize abatement.

On December 3, 202 4, the City Council declared weeds to be a public nuisance, allowing the County to send notices to property owners whose properties were overgrown with weeds. The notice advised that the weeds must be voluntarily removed or that removal would be performed by the County at the owner’s expense.

On January 13, 2025, the City Council held a public hearing to receive protests from property owners whose properties were identified as having a weed problem and to direct the County to proceed with abatement on those properties where weeds were not voluntarily removed by the owners. On February 4, 2025, a continued public hearing was held. As a result of the public hearings, after receiving public testimony, the Council removed two properties from the weed abatement list.

The final assessment report from County Weed Abatement staff is included as Exhibit A of the draft resolution. It identifies 85 properties that will be assessed a fee. Of these, 70 passed the initial inspection ($ 105 fee), and 15 failed the initial inspection . The assessments will be placed on the property tax roll as a lien and collected together with all other property taxes.

FISCAL IMPACT

Item: 14
Category: PUBLIC HEARINGS AND

INTRODUCTION OF

ORDINANCES
Meeting Date: August 4, 2025
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Hazardous Vegetation Abatement Page 2 of 2
No financial impact will be incurred by the City as the weed abatement program is funded by fees payable directly to the County. The County will assess a total of $26,558 in fees from the 85 property owners.

Prepared by:

Randy Sweet, Code Enforcement Officer
Reviewed by:

Rob Eastwood, Community
Development Director
Approved by:

Brian Loventhal, City Manager
Attachment:
a. CC Resolution - 2025 Weed Abatement
b. Campbell Assessment Report 07.09.25
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RESOLUTION NO. ____

BEING A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL

PLACING THE COST OF ABATING HAZARDOUS VEGETATION ON THE PROPERTY TAX ASSESSMENT ROLL.

WHEREAS, the City Council of the City of Campbell did on the 13th day of January, 2025 and 4 th day of February, 2025 hold Public Hearing s for the purpose of hearing any objections by any of the property owners liable to be assessed for the work of abating hazardous vegetation on their property; and
WHEREAS, the Santa Clara County Department of Agriculture and Environmental Management recommended that the cost of abating nuisance of hazardous vegetation on such property shall constitute special assessments against such property and shall constitute a lien on such property for the amount of such assessments, as outlined in Exhibit A and made a part hereof;
NOW, THEREFORE, BE IT RESOLVED that the Santa Clara County Department of Agriculture and Environmental Management shall cause the amount of assessment to be entered on the City assessment roll opposite the description of the particular property and the amount shall be collected together with all other taxes thereon upon the property.

Thereafter, such amounts shall be collected at the same time and in the same manner as general City taxes. All laws and ordinances applicable to the levy, collection and enforcement of City taxes are hereby made applicable to such special assessment.

BE IT FURTHER RESOLVED that the property owners have the option, if they so desire, of paying the assessment directly to the Collector’s Office before said entry on said assessment roll as outlined in Exhibit A and attached hereto.

PASSED AND ADOPTED this __ day of ___, 2025, by the following roll call vote:

AYES: COUNCILMEMBERS:

NOES: COUNCILMEMBERS:

ABSTAINED: COUNCILMEMBERS:

ABSENT: COUNCILMEMBERS:

APPROVED:
________________________
Sergio Lopez, Mayor
ATTEST:______________________________
Andrea Sanders, City Clerk

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Attachment: CC Resolution - 2025 Weed Abatement (Hazardous Vegetation Abatement) 2025 WEED ABATEMENT PROGRAM

CITY OF CAMPBELL

ASSESSMENT REPORT
Situs APN OWNER ADDRESS

TAX ROLL
AMT
Exhibit A
95 Hamilton Llc $105.00Hamilton951 279-27-096
J G Dutra & Son $105.00Ham
ilton4992 279-30-051
Zeng, Kunpen And Lin, Jiayin $105.00Ridgeley12883 288-14-002 Pruitt Patricia A Trustee $105.00Kings4124 305-18-046
Hoffman, Ryan Et Al $210.00Campbell4655 305-24-021
Farahani, Hadi Et Al $105.00Budd3016 305-35-018
Weller, Kathleen R Trustee $105.00Inwood5997 403-08-088 Wang, Xiaoqing $105.00San Tomas Aquino10098 403-10-124
Fisk, Patricia A Trustee $105.00Westmont16609 403-13-014 Kuppuswamy, Sethuraman And $105.00Westmont141010 403-14-005 Toorians Arman And Gregorian $105.00Burrows126511 403-16-113 Burrowsrd Llc $105.00Hacienda127012 403-16-115
Burrowsrd Llc $210.00Hacienda125013 403-16-116
Houseworth Company Llc $7,056.58Van Dusen Ln142014 403-19-025 Subramanian, Sankararam Kausik $105.00Westmont161515 403-44-040 Liu, Yong And Hu ,
Xuhui $105.00Westmont162516 403-44-041
Vu, Joseph And Maria $105.00Jeffrey78017 404-23-001
Runyan Deborah A And Noel H $105.00Sobrato63818 404-23-024 Lin, Daniel L And Hung L Et Al $105.00Budd75119 404-24-041

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Campbell City CouncilAugust 4, 2025

Campbell City Council
August 4, 2025