Agenda, regular meeting — Campbell City Council, October 7, 2025

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 12:00 p.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
Tuesday, October 07, 2025 07:00 PM
City Hall Council Chamber - 70 N. First Street

CALL TO ORDER/ROLL CALL

PLEDGE OF ALLEGIANCE

SPECIAL PRESENTATIONS AND PROCLAMATIONS
Please Note: Items listed under Special Presentations and Proclamations are considered ceremonial. The City Council will not take action on these matters.

Hispanic Heritage Month Proclamation Page 5
Recommended Action
That the City Council authorize the Mayor to proclaim September 15 through October 15, 2025, as Hispanic Heritage Month in the City of Campbell.

1. 2.

3. 3.1
Domestic Violence Awareness Month Page 9
Recommended Action
That the City Council authorize the Mayor to proclaim October 2025 as Domestic Violence Awareness Month.

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.

Minutes of City Council Executive Session Meeting of September 16, 2025.

Page 13 ends

Recommended Action
Approve the executive session meeting minutes of September 16, 2025.

Minutes of City Council Study Session Meeting of September 16, 2025.

Page 15 ends

Recommended Action
Approve the study session meeting minutes of September 16, 2025.

Minutes of City Council Regular Meeting of September 16, 2025. Page 17 Recommended Action
Approve the regular meeting minutes of September 16, 2025.

Approving Bills and Claims Page 24

3.2 4.

5. 6.

7. 7.1

7.2 7.3

7.4 Tuesday, October 07, 2025 2 of 89
Recommended Action
Approve the Bills and Claims in the amount of $4,944,759.33.

Monthly Investment Transactions Report (August 2025) Page 26 Recommended Action
That the City Council review and accept the Monthly Investment Transactions Report for August 2025.

PUBLIC HEARINGS AND INTRODUCTIONS 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.

NEW BUSINESS
Downtown Special Event Permit – Campbell Chamber of
Commerce Oktoberfest

Page 70 ends

Recommended Action
That the City Council adopt a resolution approving a multi-year Downtown Special Event Permit for the Campbell Chamber of Commerce’s Oktoberfest subject to the Chamber of Commerce’s annual compliance with the Downtown Special Event Permit Policy and annual review and approval from the City Manager and the Chief of Police.

Update to the City’s Conflict of Interest Code – Addition of Accountant Position

Page 77 ends

Recommended Action
That the City Council adopt a resolution amending the City’s Conflict of Interest Code to add the Accountant position as a designated filer under Disclosure Categories 1-4.

UNFINISHED BUSINESS

COUNCIL COMMITTEE REPORTS
Council Committee Reports Page 86
Recommended Action

7.5 8.

9. 9.1

9.2 10.

11. 11.1
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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://pub-campbell.escribemeetings.com 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.

12. Tuesday, October 07, 2025 4 of 89
City Council Report
DATE: October 7, 2025
TITLE: Hispanic Heritage Month Proclamation
RECOMMENDED ACTION:

That the City Council authorize the Mayor to proclaim September 15 through October 15, 2025, as Hispanic Heritage Month in the City of Campbell.

BACKGROUND
Since 1968, the United States has formally recognized Hispanic Heritage Week, which was expanded in 1988 to Hispanic Heritage Month. The 30-day period, September 15 through October 15, coincides with the independence anniversaries of several Latin American countries, including Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Mexico, and Chile.

Hispanic Heritage Month celebrates the histories, cultures, traditions, and contributions of Hispanic and Latino Americans who have enriched our communities, state, and nation.

It is also a time to acknowledge the role Hispanic Americans continue to play in shaping the cultural fabric, economic vitality, and future of our city.

DISCUSSION
Campbell is proud to honor and celebrate its Hispanic and Latino residents, community leaders, businesses, and organizations that contribute to the City’s diversity, cultural richness, and growth. Adopting this proclamation demonstrates the City’s commitment to diversity, equity, inclusion, and cultural recognition.

The Hispanic / Latinx population of the City of Campbell is 19% and is also proudly served by dedicated employees who have ancestorial heritage from Argentina, Bolivia, Ecuador, Honduras, El Salvador, Mexico, Nicaragua, Puerto Rico, Spain and more. In recognition of the contributions of Hispanic Americans nationally and locally, it is recommended that the Mayor proclaim September 15 – October 15, 2021, as Hispanic Heritage Month in the City of Campbell.

FISCAL IMPACT
There is no fiscal impact associated with adopting this resolution.

Item 3.1
Tuesday, October 07, 2025 5 of 89
PREPARED BY: Andrea Sanders, City Clerk Item 3.1
Tuesday, October 07, 2025 6 of 89
Report Approval Details
Document Title: Report - Hispanic Heritage Month Proclamation.docx Attachments: Hispanic Heritage Month Proclamation 2025.docx Final Approval Date: October 01, 2025
This document and all of its attachments were approved and signed as outlined below:

Will Fuentes, Finance Director
Andrea Sanders, City Clerk
Brian Loventhal, City Manager
Item 3.1
Tuesday, October 07, 2025 7 of 89

PROCLAMATION OF THE

MAYOR OF THE CITY OF CAMPBELL
WHEREAS, each year, Americans observe National Hispanic Heritage Month from September 15 to October 15, by celebrating the histories, cultures and contributions of American citizens whose ancestors came from Spain, Mexico, the Caribbean and Central and South America; and
WHEREAS, the observation began in 1968 as Hispanic Heritage Week under President Lyndon B. Johnson, and was enacted into federal law on August 17, 1988, calling upon all the people of the United States to observe this time with ceremonies, activities, and programs; and
WHEREAS, the day of September 15 is significant because it is the anniversary of independence for Latin American countries Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. In addition, Mexico and Chile celebrate their independence days on September 16 and September18, respectively; and WHEREAS, Hispanic Americans have made invaluable contributions to the social, cultural, and economic prosperity of the United States, enriching our national identity through their traditions, languages, music, art, cuisine, and values; and WHEREAS, we celebrate their countless contributions by recognizing all Hispanic and Latinx American residents whose contributions to our neighborhoods make the City of Campbell a vibrant community in which to live, work and visit; and WHEREAS, City of Campbell employees are proud to have ancestorial heritage from Argentina, Bolivia, Ecuador, Honduras, El Salvador, Mexico, Nicaragua, Puerto Rico, Spain and more.

NOW, THEREFORE, I, Sergio Lopez, Mayor of the City of Campbell, California, do hereby proclaim September 15 through October 15, 2025 as “Hispanic Heritage Month.”
WITNESS MY HAND AND SEAL OF THE CITY OF CAMPBELL this 7th day of October 2025.

___________________________________
Sergio Lopez, Mayor
City of Campbell, California
Item 3.1
Tuesday, October 07, 2025 8 of 89
City Council Report
DATE: October 7, 2025
TITLE: Domestic Violence Awareness Month
RECOMMENDED ACTION:

That the City Council authorize the Mayor to proclaim October 2025 as Domestic Violence Awareness Month.

BACKGROUND
Domestic Violence Awareness Month was first observed in 1981 as a national “Day of Unity.” Each October, communities and advocacy organizations observe this month to raise awareness about the signs of abuse and ways to stop it and prevent it from beginning in the first place.

DISCUSSION
Domestic Violence affects millions of Americans across our Nation with devasting consequences for survivors, families, and entire communities. During National Domestic Violence Awareness and Prevention Month, we recommit to extending support and resources to all survivors, continuing to hold perpetrators accountable, and ensuring that our society is truly safe for everyone.

This year’s national theme is “With Survivors Always.” This campaign aims to raise awareness, support survivors, educate communities on warning signs and resources, and promote conversations about ending domestic violence. The goal being to uplift the needs and voices of survivors and work towards a future where everyone can live free from violence.

Locally, Maitri has become an important resource for thousands of Domestic Violence survivors in Santa Clara County. Maitri has trained volunteers, provides a comprehensive resource guide and has partnered with many South Bay legal organizations as well as other domestic violence organizations. Maitri believes in mutual respect, open communication and individual empowerment to help women make informed choices.

Setting themselves apart from organizations that provided legal, medical, financial and counseling, this group fills the cultural and language gaps existing for those facing Domestic Violence.

Item 3.2
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This month, we recognize the survivors and victims of abuse whose courage inspires us all. We recommit to offering a helping hand to those most in need, and we remind them that they are not alone.

FISCAL IMPACT
There is no fiscal impact associated with this action.

PREPARED BY: Kristen Epolite, Deputy City Clerk
Item 3.2
Tuesday, October 07, 2025 10 of 89
Report Approval Details
Document Title: Report - Domestic Violence Awareness .docx Attachments: Proclamation - Domestic Violence Month 2025.docx Final Approval Date: October 01, 2025
This document and all of its attachments were approved and signed as outlined below:

Will Fuentes, Finance Director
Andrea Sanders, City Clerk
Brian Loventhal, City Manager
Item 3.2
Tuesday, October 07, 2025 11 of 89

PROCLAMATION OF THE

MAYOR OF THE CITY OF CAMPBELL
WHEREAS, October is annually recognized as National Domestic Violence Awareness Month; and
WHEREAS, there is a need to support and amplify prevention programs and community- based strategies to create healthy environments and decrease the likelihood of perpetration, thereby stopping domestic violence from occurring in the first place; and WHEREAS, domestic violence affects people of all genders, sexual orientations, ages, racial, ethnic, cultural, social, religious, and economic groups in the United States and here in California; and
WHEREAS, recognizing the need to understand the complexity of violence as perpetuated within communities and against communities, and the fear of many survivors to report to law enforcement; and
WHEREAS, all communities deserve access to culturally responsive prevention programs and initiatives to improve overall community health and safety by challenging the societal norms that perpetuate violence; and
WHEREAS, this year the national theme of “With Survivors, Always” aims to raise awareness, support survivors, educate communities on warning signs and resources, and promote conversations about ending domestic violence; and WHEREAS, organizations like Maitri provide essential services for survivors from South Asian communities, helping to bridge cultural and language gaps; and WHEREAS, the City of Campbell recognizes the vital role that all can play in working towards a future where everyone can live free from violence.

NOW, THEREFORE, I, Sergio Lopez, Mayor of the City of Campbell, do hereby proclaim October 2025, as National Domestic Violence Awareness Month and encourage others to stand together against domestic violence and support the many local organizations that offer assistance and hope to victims
WITNESS MY HAND AND SEAL OF THE CITY OF CAMPBELL this 7th day of October, 2025.
___________________________________
Sergio Lopez
Mayor of the City of Campbell
Item 3.2
Tuesday, October 07, 2025 12 of 89

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

CITY COUNCIL EXECUTIVE SESSION
Tuesday, September 16, 2025 – 5:30 PM
Doetsch Conference Room
70 N. First Street, Campbell, California
This City Council meeting was duly noticed pursuant to open meeting requirements of the Ralph M. Brown Act (G.C. Section 54956).

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
Sergio Lopez Mayor Present
Dan Furtado Vice Mayor Present
Elliot Scozzola Councilmember Present
Terry Hines Councilmember Present
Anne Bybee Councilmember 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: Silicon Valley Taxpayer's Association, Inc. v. City of Campbell et. al.

C. Real Property
D. Labor Negotiations
The City Council met in Executive Session to discuss Item B on the agenda. City Attorney Seligmann, Assistant City Manager Gaeta, and legal counsel Michael Colantuono, of Colantuono, Highsmith & Whatley, PC were in attendance.

Item 7.1
Tuesday, October 07, 2025 13 of 89
Minutes of September 16, 2025 City Council Meeting Page 2

ADJOURN
Mayor Lopez adjourned the meeting at 5:45 PM.

APPROVED:

ATTEST:

Sergio Lopez, Mayor
Kristen Epolite, Deputy City Clerk
Item 7.1
Tuesday, October 07, 2025 14 of 89

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

STUDY SESSION OF THE CAMPBELL CITY COUNCIL
Tuesday, September 16, 2025 – 6:00 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.gov/agendacenter.

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

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

PUBLIC COMMENT
There was no public comment.

NEW BUSINESS

1.Urban Land Institute Technical Assistance Panel Presentation Recommended Action: That the City Council receive a presentation from the Urban Land Institute Technical Assistance Panel regarding the Campbell Avenue corridor between Downtown Campbell and The Pruneyard.

Economic Development Manager, Nathan Donato-Weinstein introduced the consultants from Urban Land Institute.

Consultants from the Urban Land Institute’s Technical Assistance Panel presented their findings from a two-day, in-person study of the East Campbell Avenue corridor. Overall findings were that although both the Downtown and Pruneyard destinations are thriving, the stretch in between is lacking a clear Item 7.2
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Minutes of September 16, 2025 City Council Meeting Page 2 identity. The team made suggestions for creating a vibrant, connected corridor that supports the Campbell character, while also looking forward to growth. Key suggestions centered around housing, safety, improved multimodal transportation and stronger branding and wayfinding.

Following the presentation, Councilmembers thanked the team for their work and acknowledged related projects currently underway. They expressed concerns regarding the concept of a potential road diet on East Campbell Avenue, encouraged staff to pursue more effective strategies to incentivize property development, and emphasized the importance of further discussion on affordable housing, safety, and multimodal planning.

ADJOURN
Mayor Lopez adjourned the meeting at 6:59 PM.

APPROVED:

ATTEST:

Sergio Lopez, Mayor
Kristen Epolite, Deputy City Clerk
Item 7.2
Tuesday, October 07, 2025 16 of 89

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

REGULAR MEETING OF THE CAMPBELL CITY COUNCIL
Tuesday, September 16, 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.gov/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
Sergio Lopez Mayor Present
Dan Furtado Vice Mayor Present
Elliot Scozzola Councilmember Present
Terry Hines Councilmember Present
Anne Bybee Councilmember Present

PLEDGE OF ALLEGIANCE
Mayor Lopez led the pledge of allegiance.

SPECIAL PRESENTATIONS AND PROCLAMATIONS
There were no presentations or proclamations.

COMMUNICATIONS AND PETITIONS
There were no communications or petitions.

ORAL REQUESTS
There were no oral requests.

COUNCIL ANNOUNCEMENTS
Item 7.3
Tuesday, October 07, 2025 17 of 89
Minutes of September 16, 2025 City Council Meeting Page 2 As part of the Campbell Multimodal Transportation Plan, the City will be hosting a Community Walk-and-Roll Audit this Friday, September 19, and a Community Bike Audit on Friday, October 3. To register for these events and to learn more about the plan, please visit campbellca.gov/multimodal.

Campbell On Sale. Join the fun for the City of Campbell’s annual citywide garage sale on Saturday, October 4 from 8:00am to 4:00pm. The annual garage sale encourages the sale of reusable items rather than discarding them into the landfill.

This event promotes public awareness of solid waste and the importance of recycling. Please visit the City’s website at campbellca.gov to find out more.

Whether you walk or run, come join the fun. Register early and secure your spot.

For additional information, please visit campbellca.gov/Oktoberfest. The deadline to register is Monday, October 6.

The City of Campbell cordially invites you to a Ribbon Cutting Ceremony to celebrate the newly remodeled Campbell Library on Friday October 17 at 10:00am at 77 Harrison Avenue. Join us for a morning of community spirit and celebration as we mark this exciting milestone. Please note that this event is a ribbon cutting ceremony only. Public access to the building will occur during the Grand Opening which will be hosted by the Santa Clara County Library District on Saturday, November 22, 2025. Additional details of the grand opening will be shared at a later date.

In preparation for the relocation to the newly renovated Campbell Library, the Campbell Express Library, located at the Community Center, will officially close on Sunday, October 26. We appreciate the community’s support during this transition and look forward to welcoming you to the new Campbell Library during the Grand Opening celebration.

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

The Consent Calendar was considered as follows:

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

This action approves the executive session meeting minutes of September 2, 2025.

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

Item 7.3
Tuesday, October 07, 2025 18 of 89
Minutes of September 16, 2025 City Council Meeting Page 3 This action approves the regular meeting minutes of September 2, 2025.

3.Approving Bills and Claims
Recommended Action: Approve the bills and claims in the amount of $2,674,699.61.

This action approves the bills and claims in the amount of $2,674,699.61 as follows: bills and claims checks dated August 18, 2025, in the amount of $469,055.01; bills and claims checks dated August 22, 2025, in the amount of $48,965.56; bills and claims checks dated August 25, 2025, in the amount of $2,086,888.78; payroll checks dated August 28, 2025, in the amount of $36,634.58; and bills and claims checks dated August 29, 2025, in the amount of $33,155.68.

M/S: Hines/Bybee - That the City Council approve the Consent Calendar.

The motion was adopted by the following roll call vote:

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

PUBLIC HEARINGS AND INTRODUCTION OF ORDINANCES

4.Public Hearing to Consider Adoption of an Interim Ordinance Extending Ordinance No. 2334 to Continue Urgency Measures Implementing Senate Bill 1123 (2024) and Assembly Bill 130 (2025) Regarding Ministerial Approval of Starter Home Projects. (Ordinance/Roll Call Vote) Recommended Action: It is recommended that the City Council adopt an ordinance to extend Interim Ordinance No. 2334.

Now is the time and place for a public hearing to consider adopting and an Interim Ordinance to implement Senate Bill No. 1123, as amended by Assembly Bill No. 130.

Community Development Director, Rob Eastwood presented a staff report dated September 16, 2025.

Following City 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: Hines/Bybee – That the City Council adopt Interim Ordinance 2335 to implement Senate Bill No. 1123, as amended by Assembly Bill No. 130. The motion was adopted by the following roll call vote:

RESULT: ADOPTED [UNANIMOUS]
MOVER:Hines
Item 7.3
Tuesday, October 07, 2025 19 of 89
Minutes of September 16, 2025 City Council Meeting Page 4 SECONDER:Bybee
AYES:Bybee, Hines, Scozzola, Furtado, Lopez
City Manager Loventhal read the full title of Ordinance 2335.

M/S: Bybee/Hines – To waive further reading of Ordinance 2335. The motion was adopted by the following roll call vote:

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

5.Approval of Amendment to Fiscal Year (FY) 2026 Schedule of Fees and Charges
Recommended Action: That the City Council adopt a Resolution amending Housing Development Project Permit fee rates for minor projects to be incorporated into the City's existing Fiscal Year (FY) 2026 Schedule of Fees and Charges, effective November 15, 2025.

Now is the time and place for a public hearing to consider adopting a Resolution amending Housing Development Project Permit fee rates for minor projects to be incorporated into the City's existing Fiscal Year (FY) 2026 Schedule of Fees and Charges, effective November 15, 2025.

Finance Director Will Fuentes presented a staff report dated September 16, 2025.

Following City 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 Resolution 13333 amending Housing Development Project Permit fee rates for minor projects to be incorporated into the City's existing Fiscal Year (FY) 2026 Schedule of Fees and Charges, effective November 15, 2025.

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

NEW BUSINESS

6.Approval of the Fiscal Year (FY) 2025-26 City of Campbell Investment Policy Update (Resolution/Roll Call Vote)
Item 7.3
Tuesday, October 07, 2025 20 of 89
Minutes of September 16, 2025 City Council Meeting Page 5 Recommended Action: It is recommended that the City Council adopt a Resolution approving the annual update to the City’s Investment Policy for FY 2025-26.

Finance Director Will Fuentes introduced the item and a consultant from Chandler Asset Management, Aaron Nail.

The consultants and Finance Director Fuentes presented a staff report dated September 16, 2025.

Following City Council questions, Mayor Lopez asked if anyone from the public wanted to speak on this item.

Seeing no one wishing to speak, Mayor Lopez asked if any councilmembers wished to discuss the item.

After discussion, M/S: Bybee/Lopez – That the City Council adopt Resolution 13334 approving the annual update to the City’s Investment Policy for FY 2025-26.

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

7.Parks and Recreation Master Plan (Resolution/Roll Call Vote) Recommended Action: That the City Council adopt a resolution approving the Parks and Recreation Master Plan.

Recreation and Community Services Director Natasha Bissell introduced a staff report dated September 16, 2025. Lauren Ivey-Thomas, consultant with MIG, Inc., presented on the completed City of Campbell Parks and Recreation Master Plan.

The final Parks and Recreation Master Plan provides a long-range framework for the City’s park and recreation system over the next ten or more years. It outlines short-term action plans and priority projects, incorporates feedback from community engagement and outreach, and builds on the Campbell 2040 General Plan by aligning resources, partnerships, and planning efforts with the City’s evolving recreational needs.

Following council questions, Mayor Lopez asked if anyone from the public wanted to speak on this item.

Seeing no one wishing to speak, Mayor Lopez asked if any councilmembers wished to discuss the item.

Item 7.3
Tuesday, October 07, 2025 21 of 89
Minutes of September 16, 2025 City Council Meeting Page 6 Councilmembers expressed their appreciation of the final plan and the work that went into creating it. Councilmember Hines voiced concerns about managing funds carefully and suggested staff look at it carefully as well as looking at including capital depreciation fees as well.

After discussion, M/S:Bybee/Scozzola – That the City Council adopt resolution 13335 approving the Parks and Recreation Master Plan.

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

UNFINISHED BUSINESS
There was no unfinished business.

COUNCIL COMMITTEE REPORTS

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

Councilmember Bybee thanked Councilmember Hines for attending the Cities Association of Santa Clara Valley Meeting in her place.

Councilmember Hines recognized the upcoming Downtown Campbell Business Association Wine Walk and Campbell Chamber of Commerce Oktoberfest events; attended the Cities Association of Santa Clara Valley; attended the Hope Services fundraising event at Kyoto Palace; gave a shoutout to Parks Maintenance Worker, Abel Zaragova for responding quickly to a resident for tree care; attended the 100-year Anniversary celebrations for the Ainsley House, Merrill Gardens and the Campbell Chamber of Commerce; and gave a business shoutout to Locanda Sorrento Italian Restaurant.

Councilmember Scozzola attended meetings of Silicon Valley Clean Energy; Valley Transportation Authority Policy Advisory Committee; and the Centennial Chamber of Commerce event.

Mayor Lopez attended the Centennial Chamber of Commerce event; and meetings of the Valley Transportation Authority.

ADJOURN
Mayor Lopez adjourned the meeting at 8:10 PM.

APPROVED:

Item 7.3
Tuesday, October 07, 2025 22 of 89
Minutes of September 16, 2025 City Council Meeting Page 7 ATTEST:

Sergio Lopez, Mayor
Kristen Epolite, Deputy City Clerk
Item 7.3
Tuesday, October 07, 2025 23 of 89
City Council Report
DATE: October 7, 2025
TITLE: Approving Bills and Claims
RECOMMENDED ACTION:

Approve the Bills and Claims in the amount of $4,944,759.33.

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 September 01, 2025 $2,265,734.74
Bills & Claims September 08, 2025 $1,106,329.99
Payroll September 11, 2025 $71,030.39
Bills & Claims September 15, 2025 $1,501,664.21
Total $4,944,759.33

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

PREPARED BY: Celia Cruz Deniz, Accounting Clerk II
Item 7.4
Tuesday, October 07, 2025 24 of 89
Report Approval Details
Document Title: Report - Approving Bills and Claims 10.7.25.docx *Attachments:
*Excluded from public agenda.

Bills & Claims 09.01.25.pdf
Bills & Claims 09.08.25.pdf
Payroll 09.11.25.pdf
Bills & Claims 09.15.25.pdf
Final Approval Date: October 01, 2025
This document and all of its attachments were approved and signed as outlined below:

Will Fuentes, Finance Director
Andrea Sanders, City Clerk
Brian Loventhal, City Manager
Item 7.4
Tuesday, October 07, 2025 25 of 89
City Council Report
DATE: October 7, 2025
TITLE: Monthly Investment Transactions Report (August 2025) RECOMMENDED ACTION:

That the City Council review and accept the Monthly Investment Transactions Report for August 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) or California Asset Management Program (CAMP) 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 August 2025. As shown in Attachment 1, staff made $7.4 million in withdrawals from the City’s main Local Agency Investment Fund (LAIF) account to manage operating cash flow. From the Measure O 2022 bond account, $110,000 was withdrawn to cover July 2025 project expenditures applied to the bond fund. The monthly LAIF investment rate remained relatively flat at

4.251%. In the California Asset Management Program (CAMP), $1.2M was deposited into our regular account and $696,000 to our escrow account, representing August’s Measure K sales tax payments from the California Department of Tax and Fee Administration (CDTFA). The current yield in CAMP remained unchanged at 4.41%. $29,000 in dividends were posted to the CAMP regular account while $4,000 was posted into escrow. The City’s strategy with respect to our unrestricted money market pooled funds is to continue withdrawing from LAIF while depositing into the CAMP until there is roughly a 50/50 split between the two regular accounts. In the City’s BNY investment custodial account managed by Chandler Asset Management, $315,000 in new investments were purchased; one (1) Asset backed security, GM Auto Lease Trust- (4.17%, 3 yrs) for $90,000 and one (1) US Treasury bond (3.875%, 5 yrs) for $225,000. (1) US Treasury bond- (4.625%, 3/15/26) was sold at $250,000. $48,000 in net interest, dividends, realized loss and other accruals were posted. The average market Yield to Item 7.5
Tuesday, October 07, 2025 26 of 89
Maturity (YTM) in the BNY / Chandler account fell slightly to 3.93%. The BNY / Chandler strategy continues targeting diversification by locking in longer-term rates as short-term LAIF and CAMP rates will be decreasing. Consistent with the recommended FY 2024-25 Investment Strategy approved by the City Council on September 16, 2025, 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 returns, 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
Item 7.5
Tuesday, October 07, 2025 27 of 89
Report Approval Details
Document Title: Report Monthly Investment Transactions Report August 2025.docx
Attachments: Monthly Investment Activity Report- 8.31.25.pdf Chandler BNY Statement- 8.31.25.PDF
Final Approval
Date:

October 01, 2025
This document and all of its attachments were approved and signed as outlined below:

Will Fuentes, Finance Director
Andrea Sanders, City Clerk
Brian Loventhal, City Manager
Item 7.5
Tuesday, October 07, 2025 28 of 89

CITY OF CAMPBELL
Monthly Investment Transactions Report
August 1 to August 31 2025
Account Trans. Date August'25
LAIF - ******133, Main account
Average Monthly Yield 4.251%
Beginning Balance 19,368,077$
Transactions
Withdrawal 8/8/2025 (4,500,000)
Withdrawal 8/28/2025 (2,900,000)
(7,400,000)
Ending Balance 11,968,077$
Account Trans. Date August'25
LAIF - ******032, MEAS O, Series 2022
Average Monthly Yield 4.251%
Beginning Balance 13,579,000$
Transactions
Withdrawal- July project expenditures 8/15/2025 (110,000) (110,000)
Ending Balance 13,469,000$
Account Trans. Date August'25
CAMP - ******001, Regular
Average Monthly Yield 4.40%
Beginning Balance 7,141,887$
Transactions
Depost 8/18/2025 1,200,000
Dividends 8/29/2025 28,739
1,228,739
Ending Balance 8,370,625$
Account Trans. Date August'25
CAMP - ******002, Meas K Sales Tax escrow
Average Monthly Yield 4.40%
Beginning Balance 962,302$
Transactions
Deposit- August sales tax receipts 8/29/2025 695,633
Dividends 8/29/2025 3,851
699,484
Ending Balance 1,661,785$
Account*** Trans. Date August'25
Bank of New York (BNY) - ******818
Average Monthly Yield/Market YTM 3.93%
Beginning Balance 20,617,430.10
Note: Purchases listed at par value, see Chandler Monthly Statement for add'l detail Transactions
Purchase (1)- Asset Back Security (GM Auto Lease Trust)- 4.17%, 3 yrs - 90,000 Purchase (1)- United States Treasury- 3.875%, 5 yrs - 225,000 Sale (1)- United States Treasury- 4.625%, 3/15/26 - (250,000) Interest & dividends - 47,896
MM transfers - (61,985)
50,911
Ending Balance 20,668,340.92
Total of all Investments
Beginning 61,668,696$
Ending 56,137,829$
Item 7.5
Tuesday, October 07, 2025 29 of 89

MONTHLY ACCOUNT STATEMENT
City of Campbell | Account #11214 | As of August 31, 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:

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 1.06% 1.84% -- -- -- -- -- -- --
Benchmark Return 1.05% 1.65% -- -- -- -- -- -- --
Average Modified Duration 2.55
Average Coupon 4.01%
Average Purchase YTM 4.10%
Average Market YTM 3.93%
Average Credit Quality* AA
Average Final Maturity 3.07
Average Life 2.63
End Values as of
07/31/2025
End Values as of
08/31/2025
Market Value 20,683,072.35 20,908,750.41
Accrued Interest 164,299.73 159,084.79
Total Market Value 20,847,372.08 21,067,835.21
Income Earned 70,029.88 48,033.11
Cont/WD 0.00 0.00
Par 20,706,138.23 20,780,703.38
Book Value 20,619,798.35 20,696,138.60
Cost Value 20,617,876.81 20,691,697.58
Government of The United States 36.59%
FHLMC 10.10%
Farm Credit System 9.56%
Federal Home Loan Banks 4.78%
International Bank for Recon and Dev 2.29%
BMW Vehicle Owner Trust 1.93%
Toyota Motor Corporation 1.93%
American Express Credit Master Trust 1.79%
**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.

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(07/01/2025)
Beginning Book Value 20,619,798.35 20,540,867.11
Maturities/Calls 0.00 (250,000.00)
Principal Paydowns (7,795.54) (15,539.88)
Purchases 627,225.16 1,546,641.63
Sales (567,585.97) (1,151,707.15)
Change in Cash, Payables, Receivables 22,909.96 22,978.88 Amortization/Accretion 1,404.40 2,689.30
Realized Gain (Loss) 182.25 208.72
Ending Book Value 20,696,138.61 20,696,138.61
Month to Date Fiscal Year to Date
(07/01/2025)
Beginning Market Value 20,683,072.35 20,681,866.80
Maturities/Calls 0.00 (250,000.00)
Principal Paydowns (7,795.54) (15,539.88)
Purchases 627,225.16 1,546,641.63
Sales (567,585.97) (1,151,707.15)
Change in Cash, Payables, Receivables 22,909.96 22,978.88 Amortization/Accretion 1,404.40 2,689.30
Change in Net Unrealized Gain (Loss) 149,337.81 71,612.12 Realized Gain (Loss) 182.25 208.72
Ending Market Value 20,908,750.42 20,908,750.42
Maturities / Calls
Month to Date 0.00
Fiscal Year to Date (250,000.00)
Principal Paydowns
Month to Date (7,795.54)
Fiscal Year to Date (15,539.88)
Purchases
Month to Date 627,225.16
Fiscal Year to Date 1,546,641.63
Sales
Month to Date (567,585.97)
Fiscal Year to Date (1,151,707.15)
Interest Received
Month to Date 47,896.04
Fiscal Year to Date 124,827.25
Purchased / Sold Interest
Month to Date 3,947.61
Fiscal Year to Date 4,567.35
Item 7.5
Tuesday, October 07, 2025 32 of 89
CONFIDENTIAL | 4
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 78,904.47 11/14/2024

4.63%
78,935.29
78,922.50
100.16

4.31%
79,031.70
162.37

0.38%
109.20
NA/AAA
AAA

2.04 0.44
362962AD4 GMALT 2025-2 A3 4.58
05/22/2028 95,000.00 05/20/2025

4.84%
94,998.42
94,998.56
100.82

4.05%
95,782.23
132.95

0.46%
783.67
NA/AAA
AAA

2.73 1.42
379965AD8 GMALT 2025-3 A3 4.17
08/21/2028 90,000.00 08/05/2025

4.18%
89,986.32
89,986.56
100.31

4.02%
90,278.43
187.65

0.43%
291.88
NA/AAA
AAA

2.97 1.70
47800RAD5 JDOT 2024 A3 4.96 11/15/2028 200,000.00 02/20/2025

4.63%
201,203.13
200,971.43
100.95

4.14%
201,899.22
440.89

0.97%
927.79
Aaa/NA
AAA

3.21 1.08
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 400,000.00 --

4.69%
404,156.25
403,312.41
101.13

4.06%
404,534.92
345.33

1.93%
1,222.51
Aaa/AAA
NA

3.49 0.96
89239TAD4 TAOT 2024-D A3 4.4 06/15/2029 60,000.00 10/10/2024

4.51%
59,996.65
59,997.28
100.54

4.05%
60,321.68
117.33

0.29%
324.40
Aaa/AAA
NA

3.79 1.37
02589BAE0 AMXCA 2024-3 A 4.65
07/15/2027 200,000.00 02/20/2025

4.57%
200,546.88
200,426.74
101.36

3.93%
202,719.96
413.33

0.97%
2,293.22
NA/AAA
AAA

1.87 1.76
34535VAD6 FORDO 2024-D A3 4.61
08/15/2029 120,000.00 11/19/2024

4.66%
119,996.15
119,996.78
101.12

3.95%
121,349.56
245.87

0.58%
1,352.78
Aaa/NA
AAA

3.96 1.58
38014AAD3 GMCAR 2024-4 A3 4.4
08/16/2029 60,000.00 10/08/2024

4.32%
59,988.44
59,990.54
100.53

4.02%
60,318.74
110.00

0.29%
328.21
Aaa/AAA
NA

3.96 1.27
47800DAD6 JDOT 2025 A3 4.23 09/17/2029 100,000.00 03/04/2025

5.09%
99,993.71
99,994.37
100.54

3.99%
100,536.02
188.00

0.48%
541.65
Aaa/NA
AAA

4.05 1.90
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029 110,000.00 10/17/2024

4.29%
109,983.65
109,986.46
100.85

3.91%
110,931.23
209.73

0.53%
944.77
Aaa/AAA
NA

4.12 1.99
89231HAD8 TAOT 2025-B A3 4.34
11/15/2029 65,000.00 04/24/2025

4.82%
64,996.28
64,996.56
100.87

3.89%
65,567.51
125.38

0.31%
570.95
NA/AAA
AAA

4.21 1.78
362955AD8 GMCAR 2025-1 A3 4.62
12/17/2029 80,000.00 01/09/2025

5.03%
79,994.06
79,994.82
101.19

3.78%
80,951.27
154.00

0.39%
956.45
Aaa/NA
AAA

4.30 1.34
58773DAD6 MBART 2025-1 A3 4.78
12/17/2029 115,000.00 01/14/2025

4.84%
114,975.54
114,978.56
101.53

3.81%
116,754.16
244.31

0.56%
1,775.60
Aaa/NA
AAA

4.30 1.48
44935XAD7 HART 2025-B A3 4.36
12/17/2029 80,000.00 06/03/2025

4.36%
79,992.78
79,993.14
100.99

3.90%
80,791.78
155.02

0.39%
798.65
NA/AAA
AAA

4.30 1.99
02582JKP4 AMXCA 2025-2 A 4.28
04/15/2030 170,000.00 05/06/2025

4.28%
169,996.92
169,997.11
101.10

3.87%
171,866.43
323.38

0.82%
1,869.32
NA/AAA
AAA

4.62 2.43
Total ABS 2,023,904.47 4.61%
2,029,740.47
2,028,543.81
100.98

3.99%
2,043,634.85
3,555.54

9.77%
15,091.04

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
AGENCY
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

99.85 4.31%
998,532.60
3,644.44

4.78%
(1,467.40)
Aa1/AA+
AA+

0.05 0.04
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

99.98 4.13%
999,836.60
7,896.67

4.78%
(163.40)
Aa1/AA+
AA+

0.81 0.78
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

99.84 4.05%
998,448.86
5,390.00

4.78%
(1,551.14)
Aa1/AA+
AA+

1.86 1.77
Total Agency 3,000,000.00 2.96%
3,000,000.00
3,000,000.00

99.89 4.16%
2,996,818.06
16,931.11

14.33%
(3,181.94)

0.91 0.86

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

4.55%
243,691.41
246,424.48

98.91 4.09%
247,273.98
650.00

1.18%
849.50
Aa1/AAA
AAA

1.07 0.94
3137FJEH8 FHMS K-081 A2 3.9 08/25/2028 250,000.00 11/21/2024

4.53%
244,335.94
245,511.74

99.91 3.87%
249,783.65
812.50

1.19%
4,271.91
Aa1/AA+
AAA

2.99 2.74
3137FJKE8 FHMS K-082 A2 3.92 09/25/2028 250,000.00 06/10/2025

4.27%
246,992.19
247,196.80

99.95 3.88%
249,868.63
816.67

1.20%
2,671.82
Aa1/AA+
AAA

3.07 2.77
3137FKSH0 FHMS K-086 A2 3.859
11/25/2028 150,000.00 09/18/2024

3.82%
150,005.86
150,004.52

99.75 3.89%
149,625.84
482.38

0.72%
(378.68)
Aaa/AA+
AA+

3.24 2.95
3137FLN91 FHMS K-091 A2 3.505
03/25/2029 300,000.00 11/14/2024

4.62%
287,074.22
289,439.40

98.55 3.91%
295,655.73
876.25

1.41%
6,216.33
Aa1/AAA
AA+

3.56 3.19
3137FMCR1 FHMS K-093 A2 2.982
05/25/2029 148,572.75 10/16/2024

4.15%
141,561.98
142,897.97

96.86 3.92%
143,907.48
369.20

0.69%
1,009.51
Aa1/AA+
AAA

3.73 3.26
3137FNAE0 FHMS K-095 A2 2.785
06/25/2029 250,000.00 03/13/2025

4.39%
234,707.03
236,369.74

95.96 3.94%
239,896.25
580.21

1.15%
3,526.51
Aa1/AA+
AAA

3.82 3.45
3137FPHK4 FHMS K-098 A2 2.425
08/25/2029 300,000.00 10/17/2024

4.26%
276,445.31
280,686.23

94.47 3.95%
283,410.51
606.25

1.36%
2,724.28
Aa1/AA+
AAA

3.98 3.63
3137FRUJ8 FHMS K-105 A2 1.872
01/25/2030 275,000.00 03/17/2025

4.43%
244,868.16
247,712.41

91.59 3.99%
251,885.34
429.00

1.20%
4,172.93
Aa1/AA+
AAA

4.40 4.08
Total Agency CMBS 2,173,572.75 4.37%
2,069,682.10
2,086,243.30

97.22 3.94%
2,111,307.40
5,622.45

10.10%
25,064.10

3.32 3.01
CASH
CCYUSD Receivable 23,356.67 -- 23,356.67
23,356.67

1.00 0.00%
23,356.67

0.00 0.11%

0.00 Aaa/AAA
AAA

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 23,356.67
23,356.67
23,356.67

1.00 0.00%
23,356.67

0.00 0.11%

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
242,683.55
100.81

4.08%
241,940.72
4,170.67

1.16%
(742.83)
A2/A+
A

1.62 1.45
437076DB5 HOME DEPOT INC 4.875
06/25/2027 225,000.00 08/12/2024

4.25%
228,663.00
227,277.20
101.60

3.95%
228,609.71
2,010.94

1.09%
1,332.52
A2/A
A

1.82 1.63
02665WFK2 AMERICAN HONDA FINANCE
CORP 4.9 07/09/2027 200,000.00 09/18/2024

4.03%
204,578.00
203,025.15
101.34

4.14%
202,675.03
1,415.56

0.97%
(350.12)
A3/A-
NA

1.85 1.75
78017FZQ9 ROYAL BANK OF CANADA 4.51
10/18/2027 250,000.00 11/05/2024

4.66%
249,005.00
249,281.49
100.23

4.65%
250,571.00
4,165.49

1.20%
1,289.50
A1/A
AA-

2.13 1.07
857477CP6 STATE STREET CORP 4.33
10/22/2027 250,000.00 11/07/2024

4.54%
248,537.50
248,940.43
100.85

3.91%
252,114.15
3,878.96

1.21%
3,173.72
Aa3/A
AA-

2.14 1.92
89115A3E0 TORONTO-DOMINION BANK

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

4.86%
225,000.00
225,000.00
101.67

4.12%
228,761.26
941.82

1.09%
3,761.26
A2/A-
AA-

2.42 2.25
17275RBW1 CISCO SYSTEMS INC 4.55
02/24/2028 250,000.00 03/11/2025

4.32%
251,557.50
251,300.39
101.52

3.90%
253,808.55
221.18

1.21%
2,508.16
A1/AA-
NA

2.48 2.25
00287YDY2 ABBVIE INC 4.65 03/15/2028 125,000.00 02/18/2025

4.70%
124,833.75
124,861.68
101.65

3.96%
127,062.30
2,986.98

0.61%
2,200.62
A3/A-
NA

2.54 2.25
06406RBG1 BANK OF NEW YORK MELLON
CORP 3.992 06/13/2028 225,000.00 09/05/2024

4.31%
223,128.00
223,795.25

99.95 4.54%
224,895.35
1,946.10

1.08%
1,100.10
Aa3/A
AA-

2.79 1.69
46647PDG8 JPMORGAN CHASE & CO 4.851
07/25/2028 150,000.00 08/12/2024

4.62%
150,933.00
150,600.03
101.24

4.89%
151,856.51
727.65

0.73%
1,256.47
A1/A
AA-

2.90 1.79
46647PEU6 JPMORGAN CHASE & CO 4.915
01/24/2029 115,000.00 01/16/2025

4.92%
115,000.00
115,000.00
101.78

4.41%
117,048.88
580.93

0.56%
2,048.88
A1/A
AA-

3.40 2.23
06051GMK2 BANK OF AMERICA CORP 4.979
01/24/2029 150,000.00 01/17/2025

4.98%
150,000.00
150,000.00
101.78

4.47%
152,669.91
767.60

0.73%
2,669.91
A1/A-
AA-

3.40 2.23
06368MJG0 BANK OF MONTREAL 5.004
01/27/2029 100,000.00 01/22/2025

5.01%
100,000.00
100,000.00
102.00

4.37%
102,004.71
472.60

0.49%
2,004.71
A2/A-
AA-

3.41 2.24
91159HJK7 US BANCORP 4.653 02/01/2029 200,000.00 09/05/2024

4.47%
201,116.00
200,792.78
101.14

4.55%
202,278.18
775.50

0.97%
1,485.40
A3/A
A

3.42 2.26
06051GLG2 BANK OF AMERICA CORP 5.202
04/25/2029 150,000.00 08/12/2024

4.69%
152,550.00
151,825.20
102.54

4.64%
153,804.92
2,731.05

0.74%
1,979.72
A1/A-
AA-

3.65 2.42
24422EXT1 JOHN DEERE CAPITAL CORP 4.85
06/11/2029 225,000.00 08/12/2024

4.40%
229,338.00
228,393.14
102.88

4.02%
231,480.50
2,425.00

1.11%
3,087.36
A1/A
A+

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
025816EJ4 AMERICAN EXPRESS CO 4.351
07/20/2029 170,000.00 07/21/2025

4.35%
170,000.00
170,000.00
100.52

4.40%
170,876.61
739.67

0.82%
876.61
A2/A-
A

3.88 2.67
89236TMK8 TOYOTA MOTOR CREDIT CORP

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

4.49%
225,567.00
225,447.50
101.65

4.09%
228,711.49
625.63

1.09%
3,263.99
A1/A+
A+

3.94 3.57
532457CQ9 ELI LILLY AND CO 4.2 08/14/2029 235,000.00 08/12/2024

4.22%
234,769.70
234,818.01
100.88

3.96%
237,075.20
466.08

1.13%
2,257.19
Aa3/A+
NA

3.95 3.53
26442CAY0 DUKE ENERGY CAROLINAS LLC

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

4.72%
226,517.50
230,053.69

94.02 4.10%
235,044.78
272.22

1.12%
4,991.09
Aa3/A
NA

3.96 3.70
14913UAU4 CATERPILLAR FINANCIAL
SERVICES CORP 4.7 11/15/2029 250,000.00 11/12/2024

4.74%
249,592.50
249,657.22
102.45

4.06%
256,115.15
3,459.72

1.22%
6,457.93
A2/A
A+

4.21 3.74
89236TNA9 TOYOTA MOTOR CREDIT CORP

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

5.00%
169,636.20
169,683.02
103.09

4.16%
175,256.70
1,215.50

0.84%
5,573.68
A1/A+
A+

4.36 3.87
63743HFX5

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

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

4.90%
250,550.00
250,490.71
103.03

4.19%
257,573.51
825.00

1.23%
7,082.81
A2/NA
A

4.44 3.88
571748CA8

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

4.67%
249,755.00
249,776.59
101.78

4.21%
254,451.40
5,360.42

1.22%
4,674.81
A3/A-
A-

4.54 3.91
931142FN8 WALMART INC 4.35 04/28/2030 185,000.00 04/23/2025

4.39%
184,679.95
184,702.03
101.51

3.99%
187,799.81
2,749.56

0.90%
3,097.77
Aa2/AA
AA

4.66 4.06
69371RT71 PACCAR FINANCIAL CORP 4.55
05/08/2030 230,000.00 05/05/2025

4.59%
229,643.50
229,666.15
101.91

4.10%
234,395.19
3,284.85

1.12%
4,729.05
A1/A+
NA

4.68 4.13
Total Corporate 5,295,000.00 4.54%
5,289,297.50
5,287,071.21
101.24

4.20%
5,358,881.50
49,216.65

25.63%
71,810.29

3.32 2.73

MONEY MARKET
FUND
X9USDDGCM DREYFUS GVT CM INST 34,869.49 --

4.18%
34,869.49
34,869.49

1.00 4.18%
34,869.49

0.00 0.17%

0.00 Aaa/
AAAm
NA

0.00 0.00
Total Money
Market Fund 34,869.49 4.18%
34,869.49
34,869.49

1.00 4.18%
34,869.49

0.00 0.17%

0.00 0.00

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

4.38%
206,080.35
205,893.01
102.85

3.71%
210,851.73
768.75

1.01%
4,958.72
Aa2/AA-
AA

3.92 3.56
Total Municipal
Bonds 205,000.00 4.38%
206,080.35
205,893.01
102.85

3.71%
210,851.73
768.75

1.01%
4,958.72

3.92 3.56

SUPRANATIONAL
459058LN1

INTERNATIONAL BANK FOR

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

4.29%
343,689.50
344,615.52
100.68

3.70%
352,390.03
5,085.50

1.69%
7,774.51
Aaa/AAA
NA

4.13 3.73
459058LR2

INTERNATIONAL BANK FOR

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

4.20%
124,553.75
124,594.07
101.68

3.72%
127,103.57
2,305.99

0.61%
2,509.50
Aaa/AAA
NA

4.55 4.05
Total
Supranational 475,000.00 4.27%
468,243.25
469,209.59
100.95

3.70%
479,493.60
7,391.49

2.29%
10,284.01

4.24 3.81

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

3.90%
380,507.81
377,902.96
100.87

3.82%
378,251.96
6,586.83

1.81%
349.00
Aa1/AA+
AA+

1.12 1.06
91282CKE0 UNITED STATES TREASURY 4.25
03/15/2027 350,000.00 08/20/2024

3.86%
353,322.27
351,987.68
100.79

3.72%
352,748.05
6,871.60

1.69%
760.36
Aa1/AA+
AA+

1.54 1.45
91282CKZ3 UNITED STATES TREASURY 4.375
07/15/2027 375,000.00 08/08/2024

3.91%
379,804.69
378,062.43
101.29

3.65%
379,833.98
2,139.95

1.82%
1,771.55
Aa1/AA+
AA+

1.87 1.77
91282CFM8 UNITED STATES TREASURY 4.125
09/30/2027 350,000.00 10/31/2024

4.17%
349,521.48
349,658.33
101.01

3.62%
353,527.34
6,074.80

1.69%
3,869.01
Aa1/AA+
AA+

2.08 1.94
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028 375,000.00 08/08/2024

3.87%
376,552.73
376,088.94
100.96

3.59%
378,603.52

41.44 1.81%
2,514.57
Aa1/AA+
AA+

2.50 2.36
91282CHK0 UNITED STATES TREASURY 4.0
06/30/2028 350,000.00 08/20/2024

3.76%
353,007.81
352,205.16
101.12

3.58%
353,910.16
2,396.74

1.69%
1,705.00
Aa1/AA+
AA+

2.83 2.64
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 375,000.00 08/08/2024

3.85%
389,765.63
386,055.10
103.78

3.60%
389,165.04
6,159.99

1.86%
3,109.94
Aa1/AA+
AA+

3.17 2.87
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 375,000.00 11/26/2024

4.21%
375,585.94
375,481.12
102.09

3.61%
382,836.92

44.03 1.83%
7,355.80
Aa1/AA+
AA+

3.50 3.23
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 350,000.00 11/18/2024

4.31%
347,498.05
347,947.24
101.70

3.61%
355,947.27
6,074.80

1.70%
8,000.03
Aa1/AA+
AA+

3.58 3.25
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 375,000.00 08/08/2024

3.84%
387,583.01
384,752.74
103.41

3.62%
387,802.73
5,844.09

1.85%
3,049.99
Aa1/AA+
AA+

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
337,208.63

98.65 3.63%
345,283.20
1,947.35

1.65%
8,074.57
Aa1/AA+
AA+

3.83 3.54
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 350,000.00 08/20/2024

3.70%
354,634.77
353,669.30
101.32

3.63%
354,621.09
1,217.39

1.70%
951.79
Aa1/AA+
AA+

3.91 3.58
91282CLK5 UNITED STATES TREASURY 3.625
08/31/2029 400,000.00 --

3.60%
400,687.50
400,442.07

99.95 3.64%
399,812.50

40.06 1.91%
(629.57)
Aa1/AA+
AA+

4.00 3.69
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 400,000.00 --

4.09%
389,617.18
391,308.72

99.46 3.64%
397,859.38
5,890.71

1.90%
6,550.66
Aa1/AA+
AA+

4.08 3.71
91282CLR0 UNITED STATES TREASURY 4.125
10/31/2029 400,000.00 --

4.33%
396,388.68
396,932.60
101.81

3.65%
407,234.38
5,559.78

1.95%
10,301.78
Aa1/AA+
AA+

4.17 3.75
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 400,000.00 12/11/2024

4.09%
400,546.88
400,467.59
101.83

3.65%
407,328.12
4,192.62

1.95%
6,860.53
Aa1/AA+
AA+

4.25 3.83
91282CMD0 UNITED STATES TREASURY 4.375
12/31/2029 400,000.00 --

4.45%
398,679.69
398,846.04
102.83

3.66%
411,328.12
2,995.92

1.97%
12,482.09
Aa1/AA+
AA+

4.33 3.89
91282CMU2 UNITED STATES TREASURY 4.0
03/31/2030 300,000.00 04/07/2025

3.75%
303,375.00
303,103.96
101.37

3.67%
304,113.28
5,049.18

1.45%
1,009.32
Aa1/AA+
AA+

4.58 4.09
91282CNG2 UNITED STATES TREASURY 4.0
05/31/2030 350,000.00 06/09/2025

4.08%
348,742.19
348,799.68
101.39

3.68%
354,853.52
3,557.38

1.70%
6,053.84
Aa1/AA+
AA+

4.75 4.25
91282CNK3 UNITED STATES TREASURY 3.875
06/30/2030 325,000.00 07/29/2025

3.95%
323,933.59
323,953.18
100.82

3.69%
327,666.01
2,156.00

1.57%
3,712.83
Aa1/AA+
AA+

4.83 4.34
91282CNN7 UNITED STATES TREASURY 3.875
07/31/2030 225,000.00 08/26/2025

3.77%
226,081.05
226,078.05
100.80

3.69%
226,810.55
758.15

1.08%
732.50
Aa1/AA+
AA+

4.91 4.42
Total US Treasury 7,550,000.00 4.00%
7,570,427.75
7,560,951.52
101.33

3.65%
7,649,537.11
75,598.79

36.59%
88,585.59

3.47 3.16
Total Portfolio 20,780,703.38 4.10%
20,691,697.58
20,696,138.60
100.38

3.93%
20,908,750.41
159,084.79
100.00%
212,611.81

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

ACQUISITIONS
Purchase 08/01/2025 X9USDDGCM 9,265.50 DREYFUS GVT CM INST 1.000 4.18% (9,265.50) 0.00 (9,265.50) 0.00 Purchase 08/04/2025 X9USDDGCM 446.71 DREYFUS GVT CM INST 1.000 4.20% (446.71) 0.00 (446.71) 0.00 Purchase 08/07/2025 X9USDDGCM 6,187.50 DREYFUS GVT CM INST 1.000 4.19% (6,187.50) 0.00 (6,187.50) 0.00 Purchase 08/08/2025 X9USDDGCM 255,466.21 DREYFUS GVT CM INST 1.000 4.18% (255,466.21) 0.00 (255,466.21) 0.00 Purchase 08/11/2025 X9USDDGCM 5,118.75 DREYFUS GVT CM INST 1.000 4.19% (5,118.75) 0.00 (5,118.75) 0.00 Purchase 08/13/2025 379965AD8 90,000.00 GMALT 2025-3 A3 4.17 08/21/2028 99.985 4.18% (89,986.32) 0.00 (89,986.32) 0.00 Purchase 08/14/2025 X9USDDGCM 4,935.00 DREYFUS GVT CM INST 1.000 4.20% (4,935.00) 0.00 (4,935.00) 0.00 Purchase 08/15/2025 X9USDDGCM 8,014.97 DREYFUS GVT CM INST 1.000 4.17% (8,014.97) 0.00 (8,014.97) 0.00 Purchase 08/15/2025 X9USDDGCM 7,633.66 DREYFUS GVT CM INST 1.000 4.17% (7,633.66) 0.00 (7,633.66) 0.00 Purchase 08/18/2025 X9USDDGCM 528.00 DREYFUS GVT CM INST 1.000 4.19% (528.00) 0.00 (528.00) 0.00 Purchase 08/20/2025 X9USDDGCM 362.58 DREYFUS GVT CM INST 1.000 4.18% (362.58) 0.00 (362.58) 0.00 Purchase 08/25/2025 X9USDDGCM 161.88 DREYFUS GVT CM INST 1.000 4.18% (161.88) 0.00 (161.88) 0.00 Purchase 08/25/2025 X9USDDGCM 13,037.03 DREYFUS GVT CM INST 1.000 4.18% (13,037.03) 0.00 (13,037.03) 0.00 Purchase 08/27/2025 91282CNN7 225,000.00 UNITED STATES TREASURY

3.875 07/31/2030 100.480 3.77% (226,081.05) (639.69) (226,720.74) 0.00 Total Purchase 626,157.79 (627,225.16) (639.69) (627,864.85) 0.00 TOTAL
ACQUISITIONS 626,157.79 (627,225.16) (639.69) (627,864.85) 0.00

DISPOSITIONS
Sale 08/08/2025 91282CGR6 (250,000.00) UNITED STATES TREASURY

4.625 03/15/2026 100.352 4.14% 250,878.91 (4,587.30) 255,466.21 182.25 Sale 08/13/2025 X9USDDGCM (89,986.32) DREYFUS GVT CM INST 1.000 4.20% 89,986.32 0.00 89,986.32 0.00 Sale 08/27/2025 X9USDDGCM (173,275.43) DREYFUS GVT CM INST 1.000 4.20% 173,275.43 0.00 173,275.43 0.00 Sale 08/27/2025 X9USDDGCM (53,445.31) DREYFUS GVT CM INST 1.000 4.20% 53,445.31 0.00 53,445.31 0.00 Total Sale (566,707.06) 567,585.97 (4,587.30) 572,173.27 182.25 TOTAL
DISPOSITIONS (566,707.06) 567,585.97 (4,587.30) 572,173.27 182.25 Item 7.5
Tuesday, October 07, 2025 39 of 89
CONFIDENTIAL | 11
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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
OTHER

TRANSACTIONS
Coupon 08/01/2025 3137FLN91 0.00 FHMS K-091 A2 3.505
03/25/2029 4.62% 876.25 0.00 876.25 0.00
Coupon 08/01/2025 3137BSRE5 0.00 FHMS K-059 A2 3.12
09/25/2026 4.55% 650.00 0.00 650.00 0.00
Coupon 08/01/2025 3137FJEH8 0.00 FHMS K-081 A2 3.9
08/25/2028 4.53% 812.50 0.00 812.50 0.00
Coupon 08/01/2025 91159HJK7 0.00 US BANCORP 4.653
02/01/2029 4.47% 4,653.00 0.00 4,653.00 0.00
Coupon 08/01/2025 3137FRUJ8 0.00 FHMS K-105 A2 1.872
01/25/2030 4.43% 429.00 0.00 429.00 0.00
Coupon 08/01/2025 3137FNAE0 0.00 FHMS K-095 A2 2.785
06/25/2029 4.39% 580.21 0.00 580.21 0.00
Coupon 08/01/2025 13063EGT7 0.00 CALIFORNIA STATE 4.5
08/01/2029 4.38% 4,612.50 0.00 4,612.50 0.00
Coupon 08/01/2025 3137FJKE8 0.00 FHMS K-082 A2 3.92
09/25/2028 4.27% 816.67 0.00 816.67 0.00
Coupon 08/01/2025 3137FPHK4 0.00 FHMS K-098 A2 2.425
08/25/2029 4.26% 606.25 0.00 606.25 0.00
Coupon 08/01/2025 3137FMCR1 0.00 FHMS K-093 A2 2.982
05/25/2029 4.15% 369.61 0.00 369.61 0.00
Coupon 08/01/2025 3137FKSH0 0.00 FHMS K-086 A2 3.859
11/25/2028 3.82% 482.37 0.00 482.37 0.00
Coupon 08/07/2025 63743HFX5 0.00

NATIONAL RURAL

UTILITIES COOPERATIVE
FINANCE CORP 4.95
02/07/2030

4.90% 6,187.50 0.00 6,187.50 0.00
Coupon 08/09/2025 89236TMK8 0.00 TOYOTA MOTOR CREDIT
CORP 4.55 08/09/2029 4.49% 5,118.75 0.00 5,118.75 0.00
Coupon 08/14/2025 532457CQ9 0.00 ELI LILLY AND CO 4.2
08/14/2029 4.22% 4,935.00 0.00 4,935.00 0.00
Coupon 08/15/2025 47800DAD6 0.00 JDOT 2025 A3 4.23
09/17/2029 5.09% 352.50 0.00 352.50 0.00
Item 7.5
Tuesday, October 07, 2025 40 of 89
CONFIDENTIAL | 12
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 08/15/2025 58773DAD6 0.00 MBART 2025-1 A3 4.78
12/17/2029 4.84% 458.08 0.00 458.08 0.00
Coupon 08/15/2025 89231HAD8 0.00 TAOT 2025-B A3 4.34
11/15/2029 4.82% 235.08 0.00 235.08 0.00
Coupon 08/15/2025 26442CAY0 0.00

DUKE ENERGY
CAROLINAS LLC 2.45
08/15/2029

4.72% 3,062.50 0.00 3,062.50 0.00
Coupon 08/15/2025 34535VAD6 0.00 FORDO 2024-D A3 4.61
08/15/2029 4.66% 461.00 0.00 461.00 0.00
Coupon 08/15/2025 47800RAD5 0.00 JDOT 2024 A3 4.96
11/15/2028 4.63% 826.67 0.00 826.67 0.00
Coupon 08/15/2025 891940AC2 0.00 TAOT 2023-A A3 4.63
09/15/2027 4.63% 333.89 0.00 333.89 0.00
Coupon 08/15/2025 02589BAE0 0.00 AMXCA 2024-3 A 4.65
07/15/2027 4.57% 775.00 0.00 775.00 0.00
Coupon 08/15/2025 89239TAD4 0.00 TAOT 2024-D A3 4.4
06/15/2029 4.51% 220.00 0.00 220.00 0.00
Coupon 08/15/2025 44935XAD7 0.00 HART 2025-B A3 4.36
12/17/2029 4.36% 290.67 0.00 290.67 0.00
Coupon 08/15/2025 92970QAE5 0.00 WFCIT 2024-2 A 4.29
10/15/2029 4.29% 393.25 0.00 393.25 0.00
Coupon 08/15/2025 02582JKP4 0.00 AMXCA 2025-2 A 4.28
04/15/2030 4.28% 606.33 0.00 606.33 0.00
Coupon 08/16/2025 362955AD8 0.00 GMCAR 2025-1 A3 4.62
12/17/2029 5.03% 308.00 0.00 308.00 0.00
Coupon 08/16/2025 38014AAD3 0.00 GMCAR 2024-4 A3 4.4
08/16/2029 4.32% 220.00 0.00 220.00 0.00
Coupon 08/20/2025 362962AD4 0.00 GMALT 2025-2 A3 4.58
05/22/2028 4.84% 362.58 0.00 362.58 0.00
Coupon 08/24/2025 17275RBW1 0.00 CISCO SYSTEMS INC 4.55 02/24/2028 4.32% 5,687.50 0.00 5,687.50 0.00
Coupon 08/25/2025 096919AD7 0.00 BMWOT 2024-A A3 5.18
02/26/2029 4.69% 1,726.67 0.00 1,726.67 0.00
Item 7.5
Tuesday, October 07, 2025 41 of 89
CONFIDENTIAL | 13
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 08/31/2025 91282CKD2 0.00 UNITED STATES TREASURY

4.25 02/28/2029 4.21% 7,968.75 0.00 7,968.75 0.00
Coupon 08/31/2025 91282CGP0 0.00 UNITED STATES TREASURY

4.0 02/29/2028 3.87% 7,500.00 0.00 7,500.00 0.00
Coupon 08/31/2025 91282CLK5 0.00 UNITED STATES TREASURY

3.625 08/31/2029 3.60% 7,250.00 0.00 7,250.00 0.00
Total Coupon 0.00 70,168.08 0.00 70,168.08 0.00
Dividend 08/31/2025 X9USDDGCM 0.00 DREYFUS GVT CM INST 4.18% 637.92 0.00 637.92 0.00 Total Dividend 0.00 637.92 0.00 637.92 0.00
Principal Paydown 08/01/2025 3137FMCR1 161.88 FHMS K-093 A2 2.982 05/25/2029 4.15% 161.88 -- 161.88 0.00
Principal Paydown 08/15/2025 891940AC2 7,633.66 TAOT 2023-A A3 4.63 09/15/2027 4.63% 7,633.66 -- 7,633.66 (0.00)
Total Principal
Paydown 7,795.54 7,795.54 -- 7,795.54 0.00

TOTAL OTHER
TRANSACTIONS 7,795.54 78,601.54 0.00 78,601.54 0.00
Item 7.5
Tuesday, October 07, 2025 42 of 89
CONFIDENTIAL | 14
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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

CASH & EQUIVALENTS
CCYUSD Cash

0.00 0.00

0.00 0.00
CCYUSD Receivable
23,356.67
446.71

0.00 0.00
23,356.67

0.00 0.00

0.00 X9USDDGCM DREYFUS GVT CM INST
34,869.49
40,418.76
311,157.79
(316,707.06)
34,869.49

0.00 446.71

0.00 0.00

0.00 446.71
446.71
Total Cash & Equivalents 58,226.16
40,865.47
311,157.79
(316,707.06)
58,226.16

0.00 446.71

0.00 0.00

0.00 446.71 446.71

FIXED INCOME
00287YDY2 ABBVIE INC 4.65 03/15/2028
02/18/2025
02/26/2025
125,000.00
124,857.05

0.00 0.00
124,861.68
2,502.60

0.00 2,986.98
484.38

4.63 0.00

4.63 489.01
489.01
025816EJ4 AMERICAN EXPRESS CO 4.351
07/20/2029
07/21/2025
07/25/2025
170,000.00
170,000.00

0.00 0.00
170,000.00
123.28

0.00 739.67
616.39

0.00 0.00

0.00 616.39
616.39
02582JKP4 AMXCA 2025-2 A 4.28
04/15/2030
05/06/2025
05/13/2025
170,000.00
169,997.06

0.00 0.00
169,997.11
323.38
606.33
323.38
606.33

0.05 0.00

0.05 606.38
606.38
02589BAE0 AMXCA 2024-3 A 4.65
07/15/2027
02/20/2025
02/21/2025
200,000.00
200,446.14

0.00 0.00
200,426.74
413.33
775.00
413.33
775.00

0.00 0.00
203,025.15
598.89

0.00 1,415.56
816.67

0.00 (138.73)
(138.73)
677.94
677.94
06051GLG2 BANK OF AMERICA CORP

5.202 04/25/2029
08/12/2024
08/13/2024
150,000.00
151,883.72

0.00 0.00
151,825.20
2,080.80

0.00 2,731.05
650.25

0.00 (58.51)
(58.51)
591.74
591.74
06051GMK2 BANK OF AMERICA CORP

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

0.00 0.00
150,000.00
145.22

0.00 767.60
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

55.60 0.00
472.60
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
223,737.79

0.00 0.00
223,795.25
1,197.60

0.00 1,946.10
748.50

57.46 0.00

57.46 805.96
805.96
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 400,000.00
403,422.12

0.00 0.00
403,312.41
345.33
1,726.67
345.33
1,726.67

0.00 (109.71)
(109.71)
1,616.96
1,616.96
13063EGT7 CALIFORNIA STATE 4.5
08/01/2029
10/30/2024
11/05/2024
205,000.00
205,912.36

0.00 0.00
205,893.01
4,612.50
4,612.50
768.75
768.75

0.00 (19.36)
(19.36)
749.39
749.39
14913UAU4

CATERPILLAR FINANCIAL
SERVICES CORP 4.7
11/15/2029
11/12/2024
11/15/2024
250,000.00
249,650.30

0.00 0.00
249,657.22
2,480.56

0.00 3,459.72
979.17

6.92 0.00

6.92 986.08
986.08
17275RBW1 CISCO SYSTEMS INC 4.55
02/24/2028
03/11/2025
03/12/2025
250,000.00
251,346.46

0.00 0.00
251,300.39
4,960.76
5,687.50
221.18
947.92

4.85 06/11/2029
08/12/2024
08/13/2024
225,000.00
228,469.42

0.00 0.00
228,393.14
1,515.63

0.00 2,425.00
909.38

0.00 (76.28)
(76.28)
833.10
833.10
26442CAY0 DUKE ENERGY CAROLINAS
LLC 2.45 08/15/2029
12/18/2024
12/19/2024
250,000.00
229,625.48

0.00 0.00
230,053.69
2,824.31
3,062.50
272.22
510.42
428.21

0.00 428.21
938.63
938.63
3130ANVB3 FEDERAL HOME LOAN BANKS

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
2,977.78

0.00 3,644.44
666.67

0.00 0.00

0.00 666.67
666.67
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
4,463.33

0.00 7,896.67
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
2,090.00

0.00 5,390.00
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
246,120.80

0.00 0.00
246,424.48
650.00
650.00
650.00
650.00
303.67

0.00 303.67
953.67
953.67
3137FJEH8 FHMS K-081 A2 3.9
08/25/2028
11/21/2024
11/26/2024
250,000.00
245,381.09

0.00 0.00
245,511.74
812.50
812.50
812.50
812.50
130.64

0.00 130.64
943.14
943.14
3137FJKE8 FHMS K-082 A2 3.92
09/25/2028
06/10/2025
06/13/2025
250,000.00
247,117.52

0.00 0.00
247,196.80
816.67
816.67
816.67
816.67

79.29 0.00

79.29 895.96
895.96
3137FKSH0 FHMS K-086 A2 3.859
11/25/2028
09/18/2024
09/23/2024
150,000.00
150,004.64

0.00 0.00
150,004.52
482.38
482.37
482.38
482.37

0.00 0.00
289,439.40
876.25
876.25
876.25
876.25
256.37

0.00 256.37
1,132.62
1,132.62
3137FMCR1 FHMS K-093 A2 2.982
05/25/2029
10/16/2024
10/21/2024
148,572.75
142,922.04

0.00 (161.88)
142,897.97
369.61
369.61
369.20
369.21
137.80

0.00 137.80
507.01
507.01
3137FNAE0 FHMS K-095 A2 2.785
06/25/2029
03/13/2025
03/18/2025
250,000.00
236,061.10

0.00 0.00
236,369.74
580.21
580.21
580.21
580.21
308.65

0.00 308.65
888.86
888.86
3137FPHK4 FHMS K-098 A2 2.425
08/25/2029
10/17/2024
10/22/2024
300,000.00
280,267.54

0.00 0.00
280,686.23
606.25
606.25
606.25
606.25
418.69

0.00 418.69
1,024.94
1,024.94
3137FRUJ8 FHMS K-105 A2 1.872
01/25/2030
03/17/2025
03/20/2025
275,000.00
247,178.04

0.00 0.00
247,712.41
429.00
429.00
429.00
429.00
534.37

0.00 534.37
963.37
963.37
34535VAD6 FORDO 2024-D A3 4.61
08/15/2029
11/19/2024
11/22/2024
120,000.00
119,996.71

0.00 0.00
119,996.78
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
79,994.71

0.00 0.00
79,994.82
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
94,998.51

0.00 0.00
94,998.56
132.95
362.58
132.95
362.58

0.04 0.00

0.04 362.63
362.63
379965AD8 GMALT 2025-3 A3 4.17
08/21/2028
08/05/2025
08/13/2025
90,000.00

0.00 89,986.32

0.00 89,986.56

0.00 0.00
187.65
187.65

0.24 0.00

0.00 0.00
59,990.54
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
227,389.07

0.00 0.00
227,277.20
1,096.88

0.00 2,010.94
914.06

0.00 (111.87)
(111.87)
802.19
802.19
44935XAD7 HART 2025-B A3 4.36
12/17/2029
06/03/2025
06/11/2025
80,000.00
79,993.00

0.00 0.00
79,993.14
155.02
290.67
155.02
290.67

0.14 0.00

0.14 290.81
290.81
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
12/13/2024
12/16/2024
350,000.00
344,504.68

0.00 0.00
344,615.52
3,955.73

0.00 5,085.50
1,129.77
110.84

0.00 110.84
1,240.61
1,240.61
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
03/14/2025
03/20/2025
125,000.00
124,586.50

0.00 0.00
124,594.07
1,876.30

0.00 2,305.99
429.69

7.58 0.00

7.58 437.26
437.26
46647PDG8 JPMORGAN CHASE & CO

4.851 07/25/2028
08/12/2024
08/13/2024
150,000.00
150,626.91

0.00 0.00
150,600.03
121.28

0.00 727.65
606.38

0.00 (26.88)
(26.88)
579.49
579.49
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
109.90

0.00 580.93
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
99,994.25

0.00 0.00
99,994.37
188.00
352.50
188.00
352.50

0.12 0.00

0.12 352.62
352.62
47800RAD5 JDOT 2024 A3 4.96
11/15/2028
02/20/2025
02/21/2025
200,000.00
201,008.84

0.00 0.00
200,971.43
440.89
826.67
440.89
826.67

0.00 0.00
234,818.01
4,578.58
4,935.00
466.08
822.50

3.91 0.00

3.91 826.41
826.41
571748CA8

MARSH & MCLENNAN
COMPANIES INC 4.65
03/15/2030
03/24/2025
03/25/2025
250,000.00
249,772.40

0.00 0.00
249,776.59
4,391.67

0.00 5,360.42
968.75

4.18 0.00

4.18 972.93
972.93
58773DAD6 MBART 2025-1 A3 4.78
12/17/2029
01/14/2025
01/23/2025
115,000.00
114,978.14

0.00 0.00
114,978.56
244.31
458.08
244.31
458.08

0.42 0.00

0.42 458.50
458.50
63743HFX5

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

4.95 02/07/2030
02/20/2025
02/21/2025
250,000.00
250,500.28

0.00 0.00
250,490.71
5,981.25
6,187.50
825.00
1,031.25

0.00 (9.57)
(9.57)
1,021.68
1,021.68
69371RT71 PACCAR FINANCIAL CORP

4.55 05/08/2030
05/05/2025
05/08/2025
230,000.00
229,660.10

0.00 0.00
229,666.15
2,412.76

0.00 3,284.85
872.08

6.05 0.00

6.05 878.14
878.14
78017FZQ9 ROYAL BANK OF CANADA

4.51 10/18/2027
11/05/2024
11/06/2024
250,000.00
249,252.83

0.00 0.00
249,281.49
3,225.90

0.00 4,165.49
939.58

28.67 0.00

28.67 968.25
968.25
857477CP6 STATE STREET CORP 4.33
10/22/2027
11/07/2024
11/08/2024
250,000.00
248,898.38

0.00 0.00
248,940.43
2,976.88

0.00 3,878.96
902.08

42.06 0.00

42.06 944.14
944.14
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

30.38 0.00
941.82
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
78,904.47
86,559.41

0.00 (7,633.66)
78,922.50
178.08
333.89
162.37
318.18

0.00 0.00
64,996.56
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
225,457.15

0.00 0.00
225,447.50
4,891.25
5,118.75
625.63
853.13

0.00 (9.65)
(9.65)
843.48
843.48
89236TNA9 TOYOTA MOTOR CREDIT
CORP 4.95 01/09/2030
01/06/2025
01/09/2025
170,000.00
169,676.84

0.00 0.00
169,683.02
514.25

0.00 1,215.50
701.25

6.18 0.00

6.18 707.43
707.43
89239TAD4 TAOT 2024-D A3 4.4
06/15/2029
10/10/2024
10/17/2024
60,000.00
59,997.22

0.00 0.00
59,997.28
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
200,820.61

0.00 0.00
200,792.78
4,653.00
4,653.00
775.50
775.50

0.00 (27.83)
(27.83)
747.67
747.67
91282CEV9 UNITED STATES TREASURY

3.25 06/30/2029
11/18/2024
11/19/2024
350,000.00
336,924.99

0.00 0.00
337,208.63
989.13

0.00 1,947.35
958.22
283.64

0.00 283.64
1,241.86
1,241.86
91282CFM8 UNITED STATES TREASURY

4.125 09/30/2027
10/31/2024
11/01/2024
350,000.00
349,644.37

0.00 0.00
349,658.33
4,851.95

0.00 6,074.80
1,222.85

13.95 0.00

13.95 1,236.80
1,236.80
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028
08/08/2024
08/09/2024
375,000.00
376,126.00

0.00 0.00
376,088.94
6,277.17

0.00 41.44
(6,235.74)

0.00 (37.06)
(37.06)
(6,272.79)
(6,272.79)
91282CGR6 UNITED STATES TREASURY

4.625 03/15/2026
08/20/2024
08/21/2024

0.00 250,718.93

0.00 (250,696.66)

0.00 4,367.36
4,587.30

0.00 219.94

0.00 0.00
352,205.16
1,217.39

0.00 2,396.74
1,179.35

0.00 (66.18)
(66.18)
1,113.17
1,113.17
91282CJC6 UNITED STATES TREASURY

4.625 10/15/2026
08/30/2024
08/30/2024
375,000.00
378,122.99

0.00 0.00
377,902.96
5,117.83

0.00 6,586.83
1,469.01

0.00 (220.03)
(220.03)
1,248.98
1,248.98
91282CJF9 UNITED STATES TREASURY

4.875 10/31/2028
08/08/2024
08/09/2024
375,000.00
386,351.56

0.00 0.00
386,055.10
4,619.99

0.00 6,159.99
1,540.00

0.00 (296.46)
(296.46)
1,243.54
1,243.54
91282CKD2 UNITED STATES TREASURY

4.25 02/28/2029
11/26/2024
11/27/2024
375,000.00
375,492.81

0.00 0.00
375,481.12
6,669.50

0.00 44.03
(6,625.47)

0.00 (11.69)
(11.69)
(6,637.16)
(6,637.16)
91282CKE0 UNITED STATES TREASURY

4.25 03/15/2027
08/20/2024
08/21/2024
350,000.00
352,097.72

0.00 0.00
351,987.68
5,618.55

0.00 6,871.60
1,253.06

0.00 (110.03)
(110.03)
1,143.02
1,143.02
91282CKG5 UNITED STATES TREASURY

4.125 03/31/2029
11/18/2024
11/19/2024
350,000.00
347,898.55

0.00 0.00
347,947.24
4,851.95

0.00 6,074.80
1,222.85

48.69 0.00

48.69 1,271.54
1,271.54
91282CKP5 UNITED STATES TREASURY

4.625 04/30/2029
08/08/2024
08/09/2024
375,000.00
384,978.87

0.00 0.00
384,752.74
4,383.07

0.00 5,844.09
1,461.02

0.00 (226.13)
(226.13)
1,234.89
1,234.89
91282CKZ3 UNITED STATES TREASURY

4.375 07/15/2027
08/08/2024
08/09/2024
375,000.00
378,201.63

0.00 0.00
378,062.43
757.90

0.00 2,139.95
1,382.05

0.00 (139.20)
(139.20)
1,242.85
1,242.85
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029
08/20/2024
08/21/2024
350,000.00
353,748.90

0.00 0.00
353,669.30

38.04 0.00
1,217.39
1,179.35

3.625 08/31/2029 400,000.00
400,451.46

0.00 0.00
400,442.07
6,067.93

0.00 40.06
(6,027.88)

36.79 (46.18)
(9.39)
(6,037.27)
(6,037.27)
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 400,000.00
391,127.90

0.00 0.00
391,308.72
4,704.92

0.00 5,890.71
1,185.79
180.83

0.00 180.83
1,366.62
1,366.62
91282CLR0 UNITED STATES TREASURY

4.125 10/31/2029 400,000.00
396,870.08

0.00 0.00
396,932.60
4,169.84

0.00 5,559.78
1,389.95

62.52 0.00

62.52 1,452.46
1,452.46
91282CMA6 UNITED STATES TREASURY

4.125 11/30/2029
12/11/2024
12/12/2024
400,000.00
400,476.94

0.00 0.00
400,467.59
2,795.08

0.00 4,192.62
1,397.54

0.00 (9.35)
(9.35)
1,388.20
1,388.20
91282CMD0 UNITED STATES TREASURY

4.375 12/31/2029 400,000.00
398,823.42

0.00 0.00
398,846.04
1,521.74

0.00 2,995.92
1,474.18

25.76 (3.15)

22.61 1,496.80
1,496.80
91282CMU2 UNITED STATES TREASURY 4.0
03/31/2030
04/07/2025
04/08/2025
300,000.00
303,161.51

0.00 0.00
303,103.96
4,032.79

0.00 5,049.18
1,016.39

0.00 (57.55)
(57.55)
958.84
958.84
91282CNG2 UNITED STATES TREASURY 4.0
05/31/2030
06/09/2025
06/10/2025
350,000.00
348,778.21

0.00 0.00
348,799.68
2,371.58

0.00 3,557.38
1,185.79

21.47 0.00

21.47 1,207.26
1,207.26
91282CNK3 UNITED STATES TREASURY

3.875 06/30/2030
07/29/2025
07/30/2025
325,000.00
323,934.78

0.00 0.00
323,953.18
1,095.11

0.00 2,156.00
1,060.89

18.41 0.00

18.41 1,079.29
1,079.29
91282CNN7 UNITED STATES TREASURY

3.875 07/31/2030
08/26/2025
08/27/2025
225,000.00

0.00 226,081.05

0.00 226,078.05

0.00 (639.69)
758.15
118.46

4.6 04/15/2027
09/18/2024
09/19/2024
240,000.00
242,832.11

0.00 0.00
242,683.55
3,250.67

0.00 4,170.67
920.00

0.00 (148.55)
(148.55)
771.45
771.45
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029
10/17/2024
10/24/2024
110,000.00
109,986.18

0.00 0.00
109,986.46
209.73
393.25
209.73
393.25

0.28 0.00

0.28 393.53
393.53
931142FN8 WALMART INC 4.35
04/28/2030
04/23/2025
04/28/2025
185,000.00
184,696.60

0.00 0.00
184,702.03
2,078.94

0.00 2,749.56
670.63

5.43 0.00

5.43 676.06
676.06
Total Fixed Income 20,722,477.22
20,578,932.88
316,067.37
(258,492.20)
20,637,912.44
164,299.73
51,396.94
159,084.79
46,182.01
3,575.45
(2,171.06)
1,404.40
47,586.40 47,586.40
TOTAL PORTFOLIO 20,780,703.39
20,619,798.35
627,225.16
(575,199.26)
20,696,138.61
164,299.73
51,843.65
159,084.79
46,628.72
3,575.45
(2,171.06)
1,404.40
48,033.11 48,033.11
Item 7.5
Tuesday, October 07, 2025 52 of 89
CONFIDENTIAL | 24
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 SEPTEMBER 2025
09/02/2025 Dividend 262006208 0.00 637.92 637.92
09/02/2025 Coupon 91282CLK5 0.00 UNITED STATES TREASURY 3.625 08/31/2029 7,250.00 7,250.00 09/02/2025 Coupon 91282CGP0 0.00 UNITED STATES TREASURY 4.0 02/29/2028 7,500.00 7,500.00 09/02/2025 Coupon 91282CKD2 0.00 UNITED STATES TREASURY 4.25 02/28/2029 7,968.75 7,968.75 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 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 303.99 303.99 09/15/2025 Principal Paydown 891940AC2 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 7,288.32 7,288.32 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 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 362.58 362.58 09/22/2025 Coupon 379965AD8 90,000.00 GMALT 2025-3 A3 4.17 08/21/2028 385.73 385.73 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 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 35.71 35.71 Item 7.5
Tuesday, October 07, 2025 53 of 89
CONFIDENTIAL | 25
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 09/25/2025 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 148,572.75 FHMS K-093 A2 2.982 05/25/2029 369.20 369.20 09/25/2025 Principal Paydown 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 161.97 161.97 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 1,008,123.91 86,745.39 1,094,869.31
OCTOBER 2025
10/15/2025 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33 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 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 275.87 275.87 10/15/2025 Principal Paydown 891940AC2 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 7,031.94 7,031.94 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 Item 7.5
Tuesday, October 07, 2025 54 of 89
CONFIDENTIAL | 26
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 10/16/2025 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 362.58 362.58 10/20/2025 Coupon 379965AD8 90,000.00 GMALT 2025-3 A3 4.17 08/21/2028 312.75 312.75 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 649.91 649.91 10/27/2025 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 531.71 531.71 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 148,572.75 FHMS K-093 A2 2.982 05/25/2029 368.80 368.80 10/27/2025 Principal Paydown 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 176.07 176.07 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 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 7,739.72 79,457.29 87,197.01
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 Item 7.5
Tuesday, October 07, 2025 55 of 89
CONFIDENTIAL | 27
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 11/17/2025 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 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 248.74 248.74 11/17/2025 Principal Paydown 891940AC2 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 6,847.91 6,847.91 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 362.58 362.58 11/20/2025 Coupon 379965AD8 90,000.00 GMALT 2025-3 A3 4.17 08/21/2028 312.75 312.75 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 648.52 648.52 11/25/2025 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 506.27 506.27 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 11/25/2025 Coupon 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 368.36 368.36 11/25/2025 Principal Paydown 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 162.73 162.73 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 7,516.92 24,524.96 32,041.88
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 Item 7.5
Tuesday, October 07, 2025 56 of 89
CONFIDENTIAL | 28
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 12/15/2025 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 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 222.32 222.32 12/15/2025 Principal Paydown 891940AC2 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 6,513.90 6,513.90 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 Effective Maturity 3133ENZC7 1,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.12 06/22/2026 1,000,000.00 1,000,000.00
12/22/2025 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 362.58 362.58 12/22/2025 Coupon 379965AD8 90,000.00 GMALT 2025-3 A3 4.17 08/21/2028 312.75 312.75 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 647.21 647.21 12/25/2025 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 533.26 533.26 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 148,572.75 FHMS K-093 A2 2.982 05/25/2029 367.96 367.96 12/25/2025 Principal Paydown 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 176.75 176.75 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 Item 7.5
Tuesday, October 07, 2025 57 of 89
CONFIDENTIAL | 29
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 12/26/2025 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 12/31/2025 Coupon 91282CNK3 325,000.00 UNITED STATES TREASURY 3.875 06/30/2030 6,296.88 6,296.88 December 2025
Total 1,007,223.90 92,405.32 1,099,629.22
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 15,108.74 15,108.74 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 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 197.18 197.18 01/15/2026 Principal Paydown 891940AC2 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 6,383.98 6,383.98 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 025816EJ4 170,000.00 AMERICAN EXPRESS CO 4.351 07/20/2029 3,595.62 3,595.62 01/20/2026 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 362.58 362.58 01/20/2026 Coupon 379965AD8 90,000.00 GMALT 2025-3 A3 4.17 08/21/2028 312.75 312.75 Item 7.5
Tuesday, October 07, 2025 58 of 89
CONFIDENTIAL | 30
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 01/26/2026 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 11,046.30 11,046.30 01/26/2026 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 645.82 645.82 01/26/2026 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 10,268.71 10,268.71 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 148,572.75 FHMS K-093 A2 2.982 05/25/2029 367.52 367.52 01/26/2026 Principal Paydown 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 163.49 163.49 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 42,971.21 66,769.23 109,740.44
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 02/02/2026 Coupon 91282CNN7 225,000.00 UNITED STATES TREASURY 3.875 07/31/2030 4,359.38 4,359.38 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
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 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 290.67 290.67 02/16/2026 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 Item 7.5
Tuesday, October 07, 2025 59 of 89
CONFIDENTIAL | 31
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 02/16/2026 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 764.22 764.22 02/16/2026 Principal Paydown 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 12,111.47 12,111.47 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 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 172.55 172.55 02/16/2026 Principal Paydown 891940AC2 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 6,247.41 6,247.41 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 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 362.58 362.58 02/20/2026 Coupon 379965AD8 90,000.00 GMALT 2025-3 A3 4.17 08/21/2028 312.75 312.75 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 1,678.98 1,678.98 02/25/2026 Principal Paydown 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 21,682.87 21,682.87 02/25/2026 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 619.12 619.12 02/25/2026 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 2,095.63 2,095.63 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 148,572.75 FHMS K-093 A2 2.982 05/25/2029 367.11 367.11 02/25/2026 Principal Paydown 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 163.84 163.84 02/25/2026 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21 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 42,301.22 64,285.24 106,586.46
MARCH 2026
Item 7.5
Tuesday, October 07, 2025 60 of 89
CONFIDENTIAL | 32
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 03/02/2026 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 714.16 714.16 03/16/2026 Principal Paydown 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 8,454.91 8,454.91 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 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 148.45 148.45 03/16/2026 Principal Paydown 891940AC2 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 5,554.85 5,554.85 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 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 362.58 362.58 03/20/2026 Coupon 379965AD8 90,000.00 GMALT 2025-3 A3 4.17 08/21/2028 312.75 312.75 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
03/25/2026 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,585.39 1,585.39 03/25/2026 Principal Paydown 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 21,018.69 21,018.69 03/25/2026 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 613.67 613.67 03/25/2026 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 18,669.87 18,669.87 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 Item 7.5
Tuesday, October 07, 2025 61 of 89
CONFIDENTIAL | 33
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 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 148,572.75 FHMS K-093 A2 2.982 05/25/2029 366.71 366.71 03/25/2026 Principal Paydown 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 204.81 204.81 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 53,903.13 81,917.50 135,820.63
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 679.21 679.21 04/15/2026 Principal Paydown 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 10,475.70 10,475.70 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 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 127.02 127.02 04/15/2026 Principal Paydown 891940AC2 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 5,709.34 5,709.34 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 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
Item 7.5
Tuesday, October 07, 2025 62 of 89
CONFIDENTIAL | 34
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 04/20/2026 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 362.58 362.58 04/20/2026 Coupon 379965AD8 90,000.00 GMALT 2025-3 A3 4.17 08/21/2028 312.75 312.75 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 1,494.66 1,494.66 04/27/2026 Principal Paydown 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 21,134.33 21,134.33 04/27/2026 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 565.13 565.13 04/27/2026 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 446.78 446.78 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 148,572.75 FHMS K-093 A2 2.982 05/25/2029 366.20 366.20 04/27/2026 Principal Paydown 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 164.70 164.70 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 37,930.86 78,841.59 116,772.44
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 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 Item 7.5
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City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 635.91 635.91 05/15/2026 Principal Paydown 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 10,100.28 10,100.28 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 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 104.99 104.99 05/15/2026 Principal Paydown 891940AC2 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 5,509.51 5,509.51 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 362.58 362.58 05/20/2026 Coupon 379965AD8 90,000.00 GMALT 2025-3 A3 4.17 08/21/2028 312.75 312.75 05/25/2026 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,403.43 1,403.43 05/25/2026 Principal Paydown 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 20,285.77 20,285.77 05/25/2026 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 563.97 563.97 05/25/2026 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 470.25 470.25 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 148,572.75 FHMS K-093 A2 2.982 05/25/2029 365.79 365.79 05/25/2026 Principal Paydown 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 178.50 178.50 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 36,544.31 23,780.08 60,324.39
JUNE 2026
06/01/2026 Coupon 91282CMA6 400,000.00 UNITED STATES TREASURY 4.125 11/30/2029 8,250.00 8,250.00 06/01/2026 Coupon 91282CNG2 350,000.00 UNITED STATES TREASURY 4.0 05/31/2030 7,000.00 7,000.00 06/11/2026 Coupon 24422EXT1 225,000.00 JOHN DEERE CAPITAL CORP 4.85 06/11/2029 5,456.25 5,456.25 06/15/2026 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33 06/15/2026 Coupon 02589BAE0 200,000.00 AMXCA 2024-3 A 4.65 07/15/2027 775.00 775.00 Item 7.5
Tuesday, October 07, 2025 64 of 89
CONFIDENTIAL | 36
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 06/15/2026 Coupon 06406RBG1 225,000.00 BANK OF NEW YORK MELLON CORP 3.992 06/13/2028 4,491.00 4,491.00
06/15/2026 Coupon 34535VAD6 120,000.00 FORDO 2024-D A3 4.61 08/15/2029 461.00 461.00 06/15/2026 Coupon 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 290.67 290.67 06/15/2026 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 06/15/2026 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 594.16 594.16 06/15/2026 Principal Paydown 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 9,117.23 9,117.23 06/15/2026 Coupon 58773DAD6 115,000.00 MBART 2025-1 A3 4.78 12/17/2029 458.08 458.08 06/15/2026 Coupon 891940AC2 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 83.73 83.73 06/15/2026 Principal Paydown 891940AC2 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 5,412.04 5,412.04 06/15/2026 Coupon 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 235.08 235.08 06/15/2026 Coupon 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 220.00 220.00 06/15/2026 Coupon 92970QAE5 110,000.00 WFCIT 2024-2 A 4.29 10/15/2029 393.25 393.25 06/16/2026 Coupon 362955AD8 80,000.00 GMCAR 2025-1 A3 4.62 12/17/2029 308.00 308.00 06/16/2026 Coupon 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 220.00 220.00 06/22/2026 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 362.58 362.58 06/22/2026 Coupon 379965AD8 90,000.00 GMALT 2025-3 A3 4.17 08/21/2028 312.75 312.75 06/25/2026 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,315.86 1,315.86 06/25/2026 Principal Paydown 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 19,961.76 19,961.76 06/25/2026 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 562.75 562.75 06/25/2026 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 448.90 448.90 06/25/2026 Coupon 3137FJEH8 250,000.00 FHMS K-081 A2 3.9 08/25/2028 812.50 812.50 06/25/2026 Coupon 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 816.67 816.67 06/25/2026 Coupon 3137FKSH0 150,000.00 FHMS K-086 A2 3.859 11/25/2028 482.38 482.38 06/25/2026 Coupon 3137FLN91 300,000.00 FHMS K-091 A2 3.505 03/25/2029 876.25 876.25 06/25/2026 Coupon 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 365.35 365.35 06/25/2026 Principal Paydown 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 165.46 165.46 06/25/2026 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21 06/25/2026 Coupon 3137FPHK4 300,000.00 FHMS K-098 A2 2.425 08/25/2029 606.25 606.25 06/25/2026 Coupon 3137FRUJ8 275,000.00 FHMS K-105 A2 1.872 01/25/2030 429.00 429.00 06/25/2026 Coupon 437076DB5 225,000.00 HOME DEPOT INC 4.875 06/25/2027 5,484.38 5,484.38 06/30/2026 Coupon 91282CEV9 350,000.00 UNITED STATES TREASURY 3.25 06/30/2029 5,687.50 5,687.50 Item 7.5
Tuesday, October 07, 2025 65 of 89
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City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 06/30/2026 Coupon 91282CHK0 350,000.00 UNITED STATES TREASURY 4.0 06/30/2028 7,000.00 7,000.00 06/30/2026 Coupon 91282CMD0 400,000.00 UNITED STATES TREASURY 4.375 12/31/2029 8,750.00 8,750.00 06/30/2026 Coupon 91282CNK3 325,000.00 UNITED STATES TREASURY 3.875 06/30/2030 6,296.88 6,296.88 June 2026 Total 35,105.38 70,936.34 106,041.72
JULY 2026
07/09/2026 Coupon 02665WFK2 200,000.00 AMERICAN HONDA FINANCE CORP 4.9 07/09/2027 4,900.00 4,900.00
07/09/2026 Coupon 89236TNA9 170,000.00 TOYOTA MOTOR CREDIT CORP 4.95 01/09/2030 4,207.50 4,207.50 07/13/2026 Coupon 3133ENZY9 1,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

3.96 07/12/2027 19,800.00 19,800.00
07/15/2026 Coupon 02582JKP4 170,000.00 AMXCA 2025-2 A 4.28 04/15/2030 606.33 606.33 07/15/2026 Coupon 02589BAE0 200,000.00 AMXCA 2024-3 A 4.65 07/15/2027 775.00 775.00 07/15/2026 Coupon 34535VAD6 120,000.00 FORDO 2024-D A3 4.61 08/15/2029 461.00 461.00 07/15/2026 Coupon 44935XAD7 80,000.00 HART 2025-B A3 4.36 12/17/2029 290.67 290.67 07/15/2026 Coupon 47800DAD6 100,000.00 JDOT 2025 A3 4.23 09/17/2029 352.50 352.50 07/15/2026 Coupon 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 556.48 556.48 07/15/2026 Principal Paydown 47800RAD5 200,000.00 JDOT 2024 A3 4.96 11/15/2028 9,329.01 9,329.01 07/15/2026 Coupon 58773DAD6 115,000.00 MBART 2025-1 A3 4.78 12/17/2029 458.08 458.08 07/15/2026 Coupon 891940AC2 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 62.85 62.85 07/15/2026 Principal Paydown 891940AC2 78,904.47 TAOT 2023-A A3 4.63 09/15/2027 5,304.81 5,304.81 07/15/2026 Coupon 89231HAD8 65,000.00 TAOT 2025-B A3 4.34 11/15/2029 235.08 235.08 07/15/2026 Coupon 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 220.00 220.00 07/15/2026 Principal Paydown 89239TAD4 60,000.00 TAOT 2024-D A3 4.4 06/15/2029 2,655.01 2,655.01 07/15/2026 Coupon 91282CKZ3 375,000.00 UNITED STATES TREASURY 4.375 07/15/2027 8,203.13 8,203.13 07/15/2026 Coupon 92970QAE5 110,000.00 WFCIT 2024-2 A 4.29 10/15/2029 393.25 393.25 07/16/2026 Coupon 362955AD8 80,000.00 GMCAR 2025-1 A3 4.62 12/17/2029 308.00 308.00 07/16/2026 Coupon 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 220.00 220.00 07/16/2026 Principal Paydown 38014AAD3 60,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 1,108.94 1,108.94 07/20/2026 Coupon 025816EJ4 170,000.00 AMERICAN EXPRESS CO 4.351 07/20/2029 3,698.35 3,698.35 07/20/2026 Coupon 362962AD4 95,000.00 GMALT 2025-2 A3 4.58 05/22/2028 362.58 362.58 07/20/2026 Coupon 379965AD8 90,000.00 GMALT 2025-3 A3 4.17 08/21/2028 312.75 312.75 07/24/2026 Coupon 06051GMK2 150,000.00 BANK OF AMERICA CORP 4.979 01/24/2029 3,734.25 3,734.25 Item 7.5
Tuesday, October 07, 2025 66 of 89
CONFIDENTIAL | 38
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 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 07/24/2026 Coupon 46647PEU6 115,000.00 JPMORGAN CHASE & CO 4.915 01/24/2029 2,826.13 2,826.13 07/27/2026 Coupon 06368MJG0 100,000.00 BANK OF MONTREAL 5.004 01/27/2029 2,502.00 2,502.00 07/27/2026 Coupon 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,229.69 1,229.69 07/27/2026 Principal Paydown 096919AD7 400,000.00 BMWOT 2024-A A3 5.18 02/26/2029 19,587.19 19,587.19 07/27/2026 Coupon 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 561.58 561.58 07/27/2026 Principal Paydown 3137BSRE5 250,000.00 FHMS K-059 A2 3.12 09/25/2026 10,906.24 10,906.24 07/27/2026 Coupon 3137FJEH8 250,000.00 FHMS K-081 A2 3.9 08/25/2028 812.50 812.50 07/27/2026 Coupon 3137FJKE8 250,000.00 FHMS K-082 A2 3.92 09/25/2028 816.67 816.67 07/27/2026 Coupon 3137FKSH0 150,000.00 FHMS K-086 A2 3.859 11/25/2028 482.38 482.38 07/27/2026 Coupon 3137FLN91 300,000.00 FHMS K-091 A2 3.505 03/25/2029 876.25 876.25 07/27/2026 Coupon 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 364.93 364.93 07/27/2026 Principal Paydown 3137FMCR1 148,572.75 FHMS K-093 A2 2.982 05/25/2029 179.17 179.17 07/27/2026 Coupon 3137FNAE0 250,000.00 FHMS K-095 A2 2.785 06/25/2029 580.21 580.21 07/27/2026 Coupon 3137FPHK4 300,000.00 FHMS K-098 A2 2.425 08/25/2029 606.25 606.25 07/27/2026 Coupon 3137FRUJ8 275,000.00 FHMS K-105 A2 1.872 01/25/2030 429.00 429.00 07/27/2026 Coupon 46647PDG8 150,000.00 JPMORGAN CHASE & CO 4.851 07/25/2028 3,638.25 3,638.25 07/31/2026 Coupon 89115A3E0 225,000.00 TORONTO-DOMINION BANK 4.861 01/31/2028 5,468.63 5,468.63 07/31/2026 Coupon 91282CLC3 350,000.00 UNITED STATES TREASURY 4.0 07/31/2029 7,000.00 7,000.00 07/31/2026 Coupon 91282CNN7 225,000.00 UNITED STATES TREASURY 3.875 07/31/2030 4,359.38 4,359.38 July 2026 Total 49,070.38 82,711.63 131,782.02
Grand Total 86,029,498.94 2,328,430.95 752,374.57 3,080,805.52 Item 7.5
Tuesday, October 07, 2025 67 of 89
CONFIDENTIAL | 39
City of Campbell | Account #11214 | As of August 31, 2025 Execution Time: 09/04/2025 05:10:29 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

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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.

Item 7.5
Tuesday, October 07, 2025 69 of 89
City Council Report
DATE: October 7, 2025
TITLE: Downtown Special Event Permit – Campbell Chamber of Commerce Oktoberfest
RECOMMENDED ACTION:

That the City Council adopt a resolution approving a multi-year Downtown Special Event Permit for the Campbell Chamber of Commerce’s Oktoberfest subject to the Chamber of Commerce’s annual compliance with the Downtown Special Event Permit Policy and annual review and approval from the City Manager and the Chief of Police.

BACKGROUND
Request for Downtown Special Event Permit

On July 29, 2025, the Campbell Chamber of Commerce (Chamber) submitted to the City of Campbell (City) an application for a Downtown Special Event Permit (Permit) that would allow the Chamber to hold its 2025 Oktoberfest in Downtown Campbell on Saturday October 18, 2025, from 10:00 a.m. to 6:00 p.m., and on Sunday October 19, 2025, from 10:00 a.m. to 5:00 p.m. The Chamber estimated attendance for the event at approximately 50,000.

The Chamber has successfully held their Oktoberfest event in Downtown Campbell for the past 29 years. This event is a popular, family-oriented festival that offers German food, music, arts and crafts, a kid zone, and beer and wine. It is held along Campbell Avenue, between Railway Avenue and Third Street, and utilizes the cross streets between Civic Center and Orchard City Drive. The closure of these streets typically begins at 10:00 p.m. the Friday before the start of the event and ends at 10:00 p.m. on Sunday, the last day of the event.

On September 4, 2025, staff from the City Manager’s Office, the Police Department, and the Department of Public Works met with the Chamber to discuss the proposed footprint and security measures for the Chamber’s 2025 Oktoberfest.

Request for Downtown Special Event Fee Waiver

The cost of a Permit for a Downtown Special Event is intended to capture the City’s cost of supporting this type of event in the public right of way in Downtown Campbell. This amount includes Permit application review and processing fees (including staff time to Item 9.1
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meet with the Chamber before and after the event to ensure proper set up, take down, safety and security, and clean up), as well as the cost for Public Works personnel to prepare the public right of way for the event, and (because public streets will be closed for the event and alcoholic beverages will be sold) the cost for Police Department sworn personnel to staff the event.

On September 4, 2025, the Chamber formally requested the City grant the Chamber a 30% waiver of the Permit fees pursuant to the Downtown Special Event Fee Waiver Policy (Fee Waiver Policy).

DISCUSSION
Downtown Special Event Permit

In accordance with the City’s Downtown Special Event Policy (Policy), all events that require downtown street closures, have a significant impact on public facilities, or require a significant amount of City staff support are considered Special Events. Special Events held on public property in Downtown Campbell must be coordinated by the City and authorized by the City Council. The Policy also provides that it is the intent of the City to allow a limited number of outdoor public events for the general economic benefit of the City’s business community, cultural enrichment, and/or promotion of the City. In addition, Section 5.50.020 of the Campbell Municipal Code requires any person wanting to hold, conduct, or carry on any Special Event in the City to first obtain a Permit from the City Council to do so.

Staff recommends approving the issuance of a Permit to the Chamber for its 2025 Oktoberfest event because this event is a highly popular and family-friendly festival that draws business into the City and specifically into the downtown area. The Chamber has also successfully held their Oktoberfest in Downtown Campbell for the last 29 years. In addition, the event meets the following factors for granting a Permit:

•The event will not disrupt to an unreasonable extent, the movement of traffic or create any safety hazard as a result of such other traffic being stopped or diverted; •Sufficient Police service can be provided to assure proper traffic control, security, and the orderly conduct of the event;
•The streets and roads over which the event will be conducted are sufficient size and construction to safely accommodate the number of participants and the size, height and weight of any vehicles or equipment participating in the event; •The event will not interfere with any other public events to be conducted on the same day;
•The event is not likely to cause injury to persons or property or create an unreasonable disturbance of the peace; and
•The cumulative impact of this event will not create an undue strain on public resources.

Downtown Special Event Fee Waiver

Item 9.1
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For the Chamber’s Oktoberfest, that cost of the Permit is estimated at approximately $65,000. The City’s Fee Waiver Policy allows the City to waive 30% of the Permit application processing fees and 30% of staffing fees related to the issuance of the Permit, if:

•The organizer has submitted a complete Permit application. •The organizer has submitted a letter requesting a waiver of fees and describing the organization’s financial need.
•The organizer is a non-profit organization.
•The event is open to the public and is free of charge. •The event provides a benefit to Campbell and the community. •The organizer has no outstanding debts payable to the City of Campbell.

The Chamber has submitted the required documentation to the City confirming its non- profit status, that the event is open to the public and free of charge, and that the event is a benefit to Campbell and the community. Lastly, the Chamber has no outstanding debts owed to the City.

Based on the above, the City Manager finds that the Chamber has met all the requirements to support a waiver of 30% of the Permit costs, resulting in a Permit fee discount to the Chamber of approximately $19,500.

Multi-Year Permit & Fee Waiver

As indicated, the Chamber has successfully held Oktoberfest in Downtown Campbell for 29 years. Each year the Chamber applies to the City for a Permit to hold Oktoberfest with similar, if not the same footprint, activities, event hours, and security. And each year staff from the City Manager’s Office, the Police Department, Public Works, County Fire, and the local Alcoholic Beverage Control office meet with the Chamber to discuss the proposed event activities. The City Manager’s Office also hosts a separate discussion with the Chamber to review its financial documentation in support of any Permit fee waiver requests. Once these meetings have occurred to the satisfaction of all City departments, staff has historically supported the requests for a Permit and a fee waiver.

To save the Chamber, the City Council, and the City staff time, staff recommends the City Council approve the issuance of a 3-year Permit to the Chamber for its Oktoberfest event, as follows:
•The City Council approve the issuance of Permit to the Chamber for its 2025 Oktoberfest, subject to the Chamber’s acceptance of the City Manager’s and Chief of Police’s Permit conditions; and
•The City Council approve the issuance of a Permit to the Chamber for its 2026 and 2027 Oktoberfest events, subject to the Chamber’s timely submission of a complete application for a Permit for each event; the City Manager’s and Chief of Police’s approval of the application for these events; the Chamber’s full compliance with the Policy; the Chamber’s payment of any Permit fees due for each event; Item 9.1
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and the Chamber’s acceptance of the City Manager’s and Chief of Police’s Permit conditions for each event.

With regard to any related Permit fee waiver request, the Chamber will continue to be required to submit a formal request for each event. Under the terms of the recently revised Fee Waiver Policy, said request is subject to the City Manager’s review and approval and does not require City Council consideration.

FISCAL IMPACT

The total City cost for this year’s upcoming Oktoberfest event is estimated at $65,000.

Should the Council approve the issuance of a Permit for this year’s Oktoberfest, a fee waiver of 30% would result in a loss to the City of an estimated $19,500 in fees. Should the Council approve the issuance of a 3-year Permit subject to the terms set forth above, the City would realize a loss of Permit fees totaling approximately $20,000 in both 2026 and 2027.

ALTERNATIVES

1. Approve a single-year Downtown Special Event Permit

2. Approve a single-year Downtown Special Event Permit, with conditions.

3. Approve a multi-year Downtown Special Event Permit, with no conditions.

4. Provide other direction to staff.

PREPARED BY: Angelique Gaeta, Assistant City Manager
Item 9.1
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Report Approval Details
Document Title: Report Downtown Special Events Permit - Chamber Oktoberfest.docx
Attachments: Resolution Approving Multi-Year Downtown Special Event Permit_Oktoberfest 2025 2026 and 2027.doc 2.docx
Final Approval
Date:

October 01, 2025
This document and all of its attachments were approved and signed as outlined below:

Angelique Gaeta, Assistant City Manager
Will Fuentes, Finance Director
Andrea Sanders, City Clerk
Brian Loventhal, City Manager
Item 9.1
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RESOLUTION NO. ________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL

AUTHORIZING THE ISSUANCE OF A MULTI-YEAR

DOWNTOWN SPECIAL EVENT PERMIT FOR THE
CAMPBELL CHAMBER OF COMMERCE’S OKTOBERFEST
WHEREAS, in July 2025, the Campbell Chamber of Commerce (Chamber) applied to the City of Campbell (City) for a Downtown Special Event Permit (Permit) that would allow the Chamber to hold its Oktoberfest 2025 in Downtown Campbell from Saturday, October 18, 2025, through Sunday, October 19, 2025; and WHEREAS, the City’s Downtown Special Event Policy (Policy) provides general guidelines, as follows:

•The Special Event will not disrupt to an unreasonable extent, the movement of traffic or create any safety hazard as a result of such other traffic being stopped or diverted;
•Sufficient Police service can be provided to assure proper traffic control, security, and the orderly conduct of the special event; •The streets and roads over which the Special Event will be conducted are sufficient size and construction to safely accommodate the number of participants and the size, height and weight of any vehicles or equipment participating in the event;
•The Special Event will not interfere with any other public events to be conducted on the same day;
•The Special Event is not likely to cause injury to persons or property or create an unreasonable disturbance of the peace; and
•The cumulative impact of this Special Event will not create an undue strain on public resources; and
WHEREAS, the Chamber has successfully held its Oktoberfest event in Downtown Campbell for the past 29 years, and this event is a popular, family-oriented festival that offers German food, music, arts and crafts, a kid zone, and beer and wine; and
WHEREAS, through its work with City staff, the Chamber has been able to ensure that its Oktoberfest is held in a suitable location; does not severely disrupt normal business or residential traffic; operates in a manner that avoids health and safety hazards; and includes sufficient Police Department sworn personnel to provide proper traffic control and security, and to ensure the orderly conduct of organizers and visitors alike; and
WHEREAS, the City Council has determined that based on the information the Chamber has provided, the Chamber’s Oktoberfest event meets all the requirements to support the issuance of a Permit for Oktoberfest 2025; and WHEREAS, each year the Chamber applies to the City for a Permit to hold Oktoberfest with similar, if not the same footprint, activities, event hours, and security; and, each year staff from the City Manager’s Office, the Police Department, Public Works, County Fire, and the local Alcoholic Beverage Control office meet with the Chamber to discuss the proposed event activities; and Item 9.1
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WHEREAS, once these meetings have occurred to the satisfaction of all City departments, staff has historically supported the requests for a Permit; and

WHEREAS, to save the Chamber, the City Council, and the City staff time, staff recommends the City Council approve the issuance of a 3-year Permit to the Chamber for its Oktoberfest event subject to the Chamber’s annual application for a Permit for each event, the City Manager’s and Chief of Police’s annual review and approval of the Chamber’s application for each event, the Chamber’s full compliance with the Policy and any additional conditions set forth by the City related to the event, and the Chamber’s payment of any Permit fees due for each event;
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Campbell does hereby authorize the issuance of a 3-year Downtown Special Event Permit (Permit) to the Chamber for its Oktoberfest event, as follows:
•The City Council approves the issuance of Permit to the Chamber for its 2025 Oktoberfest, subject to the Chamber’s acceptance of the City Manager’s and Chief of Police’s Permit conditions; and
•The City Council approves the issuance of a Permit to the Chamber for its 2026 and 2027 Oktoberfest events, subject to the Chamber’s timely submission of a complete application for a Permit for each event; the City Manager’s and Chief of Police’s approval of the application for these events; the Chamber’s full compliance with the Policy; the Chamber’s payment of any Permit fees due for each event; and the Chamber’s acceptance of the City Manager’s and Chief of Police’s Permit conditions for each event.

PASSED AND ADOPTED this 7 th day of October, 2025 by the following roll call vote:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

APPROVED:
________________________
Sergio Lopez, Mayor
ATTEST:
_______________________
Andrea Sanders, City Clerk
Item 9.1
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City Council Report
DATE: October 7, 2025
TITLE: Update to the City’s Conflict of Interest Code – Addition of Accountant Position
RECOMMENDED ACTION:

That the City Council adopt a resolution amending the City’s Conflict of Interest Code to add the Accountant position as a designated filer under Disclosure Categories 1-4.

BACKGROUND
The Political Reform Act requires all local government agencies to adopt and periodically update a Conflict of Interest Code. The Code designates positions within the City that are required to file Statements of Economic Interests (Form 700) because their duties involve decision-making or participation in activities that may foreseeably affect financial interests.

In 2024 the City engaged Chandler Asset Management, Inc., an investment management firm, to oversee the City’s investment portfolio. As a result of this new relationship, the City’s Accountant position is directly involved in working with financial data and information provided by Chandler. The Finance Subcommittee (Councilmember Bybee and Mayor Lopez) previously reviewed this matter and provided direction to include the Accountant position as a designated filer under the City’s Conflict of Interest Code.

DISCUSSION
The Accountant position plays a significant role in reviewing and reconciling investment transactions, preparing financial reports, and ensuring compliance with applicable laws and policies. Because of the level of involvement with investment information and financial oversight, this position meets the criteria for disclosure under the Political Reform Act.

Staff recommends updating the Conflict of Interest Code to formally designate the Accountant position as a filer of the Statement of Economic Interests (Form 700). The appropriate disclosure categories for this position are Categories 1 through 4, which cover investments, income, real property, and business positions.

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Annual filing of the Form 700 is required, with statements due in April each year. By designating this position now, the City will ensure compliance with state law and enhance transparency in financial operations.

FISCAL IMPACT
There is no fiscal impact associated with this action.

ALTERNATIVES

1. Provide other direction to staff on relevant disclosure categories for the position.

2. Do not adopt the resolution approving the accountant position as a designated filer.

PREPARED BY: Andrea Sanders, City Clerk
Item 9.2
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Report Approval Details
Document Title: Report - Update to the City’s Conflict of Interest Code – Addition of Accountant Position.docx
Attachments: Resolution - Adding Accountant to Conflict of Interest Code.docx Appendix A .pdf
Appendix B.pdf
Final Approval
Date:

October 01, 2025
This document and all of its attachments were approved and signed as outlined below:

Will Fuentes, Finance Director
Andrea Sanders, City Clerk
Brian Loventhal, City Manager
Item 9.2
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RESOLUTION NO.

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL

AMENDING THE CONFLICT OF INTEREST CODE O ADD THE POSITION OF

ACCOUNTANT AS A DESIGNATED POSITION
WHEREAS, pursuant to Government Code 87300 the City of Campbell is required to adopt a Conflict of Interest Code; and
WHEREAS, the Political Reform Act requires every local government agency to review its Conflict of Interest Code biennially or as deemed appropriate; and WHEREAS, the Fair Political Practices Commission has adopted regulation 2 California Code of Regulations 18370 which contains the terms of a standard model conflict of interest which can be incorporated by reference and which may be amended by the Fair Political Practices Commission after public notice and hearings to conform to amendments to the Political Reform Act; and
WHEREAS, the City has engaged Chandler, an investment management firm, to oversee the City’s investment portfolio, and the Accountant position works directly with investment information provided by the firm; and
WHEREAS, the Finance Subcommittee has reviewed this matter and directed that the Accountant position be included as a designated filer under the Conflict of Interest Code; and
WHEREAS, the Accountant position makes and participates in decisions which may foreseeably have a material effect on financial interests and should therefore be added to the list of designated positions;
WHEREAS, a review has been conducted and a determination has been made that the City of Campbell’s Conflict of Interest Code should be maintained as outlined in Appendix A (Statement of Economic Interest for Designated Employee) and B (Disclosure Categories); and
WHEREAS, the Accountant position should be incorporated into Appendix A (Statement of Economic Interest for Designated Employee) .

NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Campbell adopt the attached Appendix A (Statement of Economic Interest for Designated Employee) and Appendix B (Disclosure Categories).

PASSED AND ADOPTED this ___day of _____, 2025, by the following roll call vote:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

APPROVED:

Item 9.2
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__________________________

Sergio Lopez, Mayor
ATTEST:
___________________________
Andrea Sanders, City Clerk
Item 9.2
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APPENDIX A

STATEMENT OF ECONOMIC INTERESTS FOR DESIGNATED EMPLOYEES

DISCLOSURE CATEGORIES
POSITION 1 2 3 4
Administrative Services Director X X X X
Assistant City Manager X X X X
Deputy City Manager X X X X
Administrative Analyst 1 X X X X
Administrative Analyst II X X X
Recreation & Community Services Director X X X
Recreation Services Manager X X X
Building Maintenance Supervisor X X X
City Clerk X
Police Chief X X X
Police Captain X X
Police Sergeant (if they are processing permits) X
Police Support Services Manager X
Building Official X X X
Sr. Building Inspector X X X
Building Inspector X X X
Finance Director X X X X
Assistant Finance Director X X X X
Accountant X X X X
Finance Manager X
Public Works Director X X X X
City Engineer X X X X
Public Works Superintendent X X
Associate Civil Engineer X
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Senior Civil Engineer X
Assistant Engineer X
Environmental Program Manager X X X
Environmental Program Specialist X X X
Public Works Inspector X X X
Park Maintenance Supervisor X
Traffic Engineer X
Lighting & Traffic Signal Supervisor X
Equipment Maintenance Supervisor X
Community Development Director X X X
Senior Planner X X X
Associate Planner X X X
Assistant Planner X X X
Economic Development Manager X X X
Economic Development Specialist X X X
Housing Manager X X
Unhoused Specialist X X
Senior Project Manager X X X X
Project Manager X X X
Building Board of Appeals X X
Historic Preservation Board X X X
Site and Architectural Review Committee X X X
Consultants Who Participate in Making Decisions X X X X Code Enforcement Officer X X X
Civic Improvement Commission X X X
Information Technology Manager X X
Information Technology Administrator X X
Information Technology Technician X X
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Rental Dispute Fact Finding Committee X X X

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Appendix B

DISCLOSURE CATEGORIES

1. Persons in this category shall disclose all interests in real property located within the City of Campbell, or within two miles of the city boundary (however, this provision shall not require anyone to list the address of their personal residence).

2. Persons in this category shall disclose all sources of income and investments in business entities located within the City of Campbell.

3. Persons in this category shall disclose all investments in business entities or income from sources in the construction or building industry doing business within the City of Campbell.

4. Persons in this category shall disclose all investments in business entities or income from sources which manufacture or sell supplies of the type utilized by the department for which the designated employee is employed.

Item 9.2
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City Council Report
DATE: October 7, 2025
TITLE: Council Committee Reports
RECOMMENDED ACTION:

That the City Council report on activities from their committee assignments.

DISCUSSION

MAYOR LOPEZ
Campbell Ministerial Interfaith Group
City Attorney Performance/Compensation Subcommittee
City Clerk Performance/Compensation Subcommittee
City Manager Performance/Compensation Subcommittee
Finance Subcommittee
West Valley Mayors and Managers

Bay Area Quality Management District Board of Directors** Cities Association of Santa Clara County - City Selection Committee League of Cities Peninsula Division Executive Committee** Silicon Valley Clean Energy Audit Committee**
Valley Transportation Authority Board of Directors**

Silicon Valley Clean Energy JPA Board of Directors (Alt.)

VICE MAYOR FURTADO
Advisory Commissioner Appointment Interview Subcommittee City Attorney Performance/Compensation Subcommittee
City Clerk Performance/Compensation Subcommittee
City Manager Performance/Compensation Subcommittee

Association of Bay Area Governments (ABAG)
Silicon Valley Regional Interoperability Authority (SVRIA) Treatment Plant Advisory Committee (TPAC)
West Valley Sanitation District
West Valley Solid Waste Authority JPA
West Valley Stormwater Authority

Friends of the Heritage Theater Liaison (Alt.)
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Santa Clara County Emergency Operational Council (EOAC)** (Alt.) Silicon Valley Animal Control Authority Board (SVACA) (Alt.) Valley Transportation Authority Policy Advisory Committee (Alt.) West Valley Mayors and Managers (Alt.)

COUNCILMEMBER BYBEE
Education Subcommittee
Legislative Subcommittee

Cities Association of Santa Clara County:

Board Representative
Legislative Action Committee
Santa Clara County Library District JPA Board of Directors Silicon Valley Animal Control Authority Board (SVACA)

Campbell Historical Museum & Ainsley House Foundation Liaison (Alt.) West Valley Sanitation District (Alt.)

COUNCILMEMBER HINES
DCBA Liaison
Economic Development Subcommittee
Finance Subcommittee

Santa Clara Valley Water District County Water Commission

Cities Association of Santa Clara County:

Board Representative (Alt.)
Legislative Action Committee and City Selection Committee (Alt.) Santa Clara County Housing and Community Development Advisory Committee (Alt.) West Valley Stormwater Authority (Alt.)
West Valley Solid Waste Authority JPA (Alt.)

COUNCILMEMBER SCOZZOLA
Advisory Commissioner Appointment Interview Committee
Campbell Historical Museum & Ainsley House Foundation Liaison Economic Development Subcommittee
Education Subcommittee
Friends of the Heritage Theater Liaison
Legislative Subcommittee

Cities Association of Santa Clara County Executive Board** Santa Clara County Housing and Community Development Advisory Committee Silicon Valley Clean Energy JPA Board of Directors
Silicon Valley Clean Energy JPA Board of Directors: Executive Committee** Silicon Valley Clean Energy Finance and Administration Committee** Silicon Valley Clean Energy Legislative Committee**
Valley Transportation Authority Policy Advisory Committee

DCBA Liaison (Alt.)
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Santa Clara County Library District JPA Board of Directors (Alt.) Santa Clara Valley Water District: County Water Commission (Alt.) Association of Bay Area Governments (Alt.)

**appointed by other agencies
PREPARED BY: Kristen Epolite, Deputy City Clerk
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Report Approval Details
Document Title: Report Council Committee Reports 10.7.25.docx Attachments:

Final Approval Date: September 30, 2025
This document and all of its attachments were approved and signed as outlined below:

Kristen Epolite, Deputy City Clerk
Item 11.1
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Campbell City CouncilOctober 7, 2025

Campbell City Council
October 7, 2025