Date: Tuesday, August 11, 2026, 5:00 p.m.
Location: Council Chambers, 276 Fourth Avenue, Chula Vista, CA
REGULAR CITY COUNCIL, SPECIAL HOUSING AUTHORITY,
AND SPECIAL SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY MEETING Notice is hereby given that the Mayor has called and will convene special meetings of the Housing Authority and Successor Agency to the Redevelopment Agency meeting jointly with the City Council at the time and location stated on this agenda.
Watch live in English and Spanish: chulavistaca.gov/councilmeetings or Cox Ch. 24 (English only).
Free Spanish interpretation is available on-site.
_______________________________________________________________________________________ **Item 7.1 will be heard at a time certain of 6:00 P.M.**
Watch the Meeting. City Council meetings may be viewed live or recorded in English or Spanish at chulavistaca.gov/councilmeetings. To view in Spanish, click "ES" at the bottom of the webpage. Closed captioning is available in both languages.
Register to Speak In Person or Remotely. Register to speak in person or remotely at https://publiccomment.chulavistaca.gov starting at 8:00 a.m. on Monday before the meeting. In-person speakers may also register at the meeting. Remote speakers must register using the same phone number they will use to call into the meeting; this phone number is used to identify and call on remote speakers during the meeting. Remote participants may call (619) 679-9952 to listen to the meeting and/or await their opportunity to speak. Requests to speak must be submitted before the close of the public comment period for the applicable agenda item or before the close of the general public comment period for non-agenda items.
Written Comments. Written comments may be submitted online at chulavistaca.gov/councilmeetings. Written comments may also be submitted by email to [email protected]. Written comments must be received no later than 12:00 p.m. on the day of a regular meeting or three hours before the start of a special meeting.
Time Allotted for Speaking. Speaker time is subject to change by the Presiding Officer or City Council.
Individuals using interpretation services will be allotted twice the time otherwise provided. - Consent Calendar, including one or more items: 3 minutes - Agenda Items not on the Consent Calendar: 3 minutes
- General Public Comment for matters not on the agenda: 3 minutes
General Public Comment. The first seven registered speakers will be heard during the first general public comment period. If additional speakers are registered, they will be heard during the continued general public comment period. If all registered speakers address the City Council during the first general public comment period, there will be no continued period.
Agenda Packet and Meeting Materials. The agenda packet, including staff reports, draft resolutions and ordinances, and other backup materials, is available at chulavistaca.gov/councilmeetings and at the City Clerk's Office.
Accessibility, Translation, and Interpretation Assistance. In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the City Clerk’s Office at [email protected] or (619) 691-5041. In accordance with applicable state law, the City will also provide reasonable assistance to members of the public who wish to translate the meeting into another language or receive interpretation provided by another member of the public. Providing at least 48 hours' notice will help ensure that reasonable arrangements can be made.
Gov. Code § 84308 Regulations. Government Code section 84308 is intended to promote transparency and fairness in governmental decision-making by limiting certain campaign contributions involving proceedings for a "license, permit, or other entitlement for use," as defined in the Political Reform Act. For agenda items subject to these regulations, parties to the proceeding must disclose any campaign contribution over $500, aggregated, made within the preceding 12 months by the party, their agent, or others whose contributions must be aggregated under Government Code section 82015.5. The disclosure must identify the contributor and the amount contributed. An agenda notation stating "G.C. § 84308 Regulations Apply: Yes" means the item is subject to these regulations.
Pages
1. CALL TO ORDER
2. ROLL CALL
3. PLEDGE OF ALLEGIANCE TO THE FLAG AND MOMENT OF SILENCE
4. SPECIAL ORDERS OF THE DAY
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Page 2 of 402
4.1 Presentation of a Proclamation Commending Public Works Custodian Richard "Rick" Rubel in Recognition of his Retirement and 32 Years of Dedicated Service with the City of Chula Vista
5. CONSENT CALENDAR (Items 5.1 through 5.6)
Consent calendar items are considered together and acted upon by one motion. There is no separate discussion of these items unless the Mayor or a City Councilmember removes the item from the consent calendar. Items removed from the consent calendar will be heard as action items.
RECOMMENDED ACTION:
City Council approve the recommended action on the below consent calendar items.
5.1 Approve Meeting Minutes 12
RECOMMENDED ACTION:
Approve the minutes dated: July 14, 2026 (Corrected), July 21, 2026 (Special Meeting), July 21, 2026 (Regular Meeting), and July 28, 2026.
5.2 Waive Reading of Text of Resolutions and Ordinances RECOMMENDED ACTION:
Approve a motion to read only the title and waive the reading of the text of all resolutions and ordinances at this meeting.
5.3 Consider Requests for Excused Absences 38
RECOMMENDED ACTION:
Consider excusing Councilmember Preciado from the August 11, 2026, City Council meeting.
5.4 Gaming Operations: Adopt an Ordinance to Amend Chula Vista Municipal Code Chapter 5.20 “Gambling” Incorporating Chula Vista Gaming Plan Provisions in Accordance with State Law
39 Report Number: 26-0228
Location: No specific geographic location
Department: City Manager
G.C. § 84308 Regulations Apply: No
Environmental Notice: The Project qualifies for a Categorical Exemption pursuant to the California Environmental Quality Act State Guidelines Section 15301 Class 1 (Existing Facilities).
RECOMMENDED ACTION:
Adopt an ordinance amending Chula Vista Municipal Code Chapter 5.20 “Gambling” incorporating the Chula Vista Gaming Plan as an appendix in accordance with State law. (Second Reading and Adoption) City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Page 3 of 402
5.5 Receive Investment Report: Receive the Investment Report for Quarter Ending June 30, 2026
67 Report Number: 26-0225
Location: No specific geographic location
Department: Finance
G.C. § 84308 Regulations Apply: No
Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines. Therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required.
RECOMMENDED ACTION:
Receive the investment report for the quarter ending on June 30, 2026.
5.6 Housing Funding and Appropriations: Authorize Housing Successor Agency Funding Allocations for Fiscal Year 2026-27 and Appropriate Funds 95 Report Number: 26-0255
Location: 205 27th Street
Department: Housing and Homeless Services
G.C. § 84308 Regulations Apply: No
Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act (CEQA) Guidelines. Therefore, pursuant to CEQA Guidelines Section 15060(c)(3), no environmental review is required.
RECOMMENDED ACTION:
Approve a resolution of the Chula Vista Housing Authority authorizing and appropriating $800,000 from the Low and Moderate Income Housing Asset Fund for administration costs and homeless prevention services. (4/5 Vote Required)
6. PUBLIC COMMENTS 100
Twenty-one minutes are scheduled for the public to address the City Council for three minutes each on any matter within the jurisdiction of the City Council that is not on the agenda. The remaining speakers, if any, will be heard during the continued Public Comment period.
7. PUBLIC HEARINGS
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Page 4 of 402 **ITEM 7.1 WILL BE HEARD AT A TIME CERTAIN OF 6:00 P.M.**
7.1 Community Facilities District Annexation: Continued Public Hearing and Election Regarding Annexation of Eastlake Self Storage into Community Facilities District No. 97-2
125
Report Number: 26-0218
Location: Located generally adjacent to State Route (SR) 125, south of Eastlake Drive, and north of Otay Lakes Road, as shown on the annexation boundary map.
Department: Development Services
G.C. § 84308 Regulations Apply: No
Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act (CEQA) State Guidelines.
Therefore, pursuant to CEQA Guidelines Section 15060(c)(3), no environmental review is required.
This item was continued from the July 14, 2026, City Council meeting.
RECOMMENDED ACTION:
Conduct the public hearing, adopt the following resolutions, and place the ordinance on first reading:
Resolution making certain determinations and authorizing submittal of levy of special taxes to the qualified electors within proposed Annexation No. 14 to Community Facilities District No. 97-2 (“CFD No. 97-2”), Improvement Area “C”
A.
Resolution declaring the results of the special election relating to the levy of special taxes within Annexation No. 14 to CFD No. 97-2, Improvement Area “C”
B.
Resolution making certain determinations and authorizing submittal of levy of special taxes to the qualified electors within proposed Improvement Area “D”, and Annexation No. 1 to Community Facilities District No. 97-2 (“CFD No. 97-2”)
C.
Resolution declaring the results of the special election relating to the levy of special taxes within newly designated Improvement Area “D”, Annexation No. 1 to CFD No. 97-2
D.
Ordinance authorizing the levy of a special tax in Improvement Area “D”, Annexation No. 1 (First Reading)
E.
8. ACTION ITEMS
8.1 Consider Items Removed From the Consent Calendar, if Any Consider items removed from the consent calendar by the Mayor or a City Councilmember, if any. If no items were removed from the consent calendar, this item will be withdrawn.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Page 5 of 402
8.2 Council Policy: Consider Approving a Resolution Amending City Council Policy 576-16 Installation of Pedestrian Crosswalks
211
Report Number: 26-0107
Location: Citywide
Department: Engineering
G.C. § 84308 Regulations Apply: No
Environmental Notice: This activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act Guidelines. Therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required.
RECOMMENDED ACTION:
Adopt a resolution to amend City Council Policy No. 576-16 “Installation of Pedestrian Crosswalks”.
8.3 Council Policy: Consider Revising, Renaming and Adopting Council Policy on Special Events
238
Report Number: 26-0270
Location: No specific geographic location
Department: City Manager
G.C. § 84308 Regulations Apply: No
Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the State California Environmental Quality Act (CEQA) Guidelines.
Therefore, pursuant to State CEQA Guidelines Section 15060(c)(3), no environmental review is required.
RECOMMENDED ACTION:
Adopt a resolution revising Council Policy 102-07 City of Chula Vista Special Events Policy.
9. PUBLIC COMMENTS (CONTINUED)
There will be no continued Public Comment period if all speakers present at the first Public Comment period are heard.
10. CITY MANAGER’S REPORTS
10.1 Communications Update - Chula Vista CityCast 279
11. MAYOR’S REPORTS
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Page 6 of 402
11.1 Consider Appointment of a Voting Delegate and Alternates for the 2026 League of California Cities Annual Conference
280
Location: No specific geographic location
G.C. § 84308 Regulations Apply: No
Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines. Therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required.
RECOMMENDED ACTION:
Consider appointing a voting delegate and alternates for the 2026 League of California Cities Annual Conference being held in Anaheim, September 23-25.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Page 7 of 402
11.2 Boards and Commissions: Consider Annual Reappointments 284 REAPPOINTMENTS TO FIRST TERMS (Initial term less than two years) Guillermo Castillo, Charter Review Commission•
Juan Guerrero, Health, Wellness, and Aging Commission•
Michelle Rodriguez, Parks and Recreation Commission •
REAPPOINTMENTS TO SECOND TERMS
Leslie Hurst, Board of Ethics•
Bobby Salas, Board of Ethics•
Toby Larson, Board of Library Trustees•
Victor Lopez, Charter Review Commission•
Kate Bishop, Cultural Arts Commission•
Marisol Edwan, Heath, Wellness, and Aging Commission•
Peter Carlseen, Housing and Homelessness Advisory Commission• Karla Pacheco, Housing and Homelessness Advisory Commission• Paula Whitsell, Housing and Homelessness Advisory Commission• Leticia Lares-Urquidez, Human Relations Commission•
Rodrigo Leal, Planning Commission•
Pati Ruiz, Privacy Protections and Technology Advisory Commission• Tim DeMarco, Traffic Safety Commission•
Nimpa Akana, Veterans Advisory Commission•
Report Number: 26-0138
Location: No specific geographic location
G.C. § 84308 Regulations Apply: No
Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(C)(3) no environmental review is required.
RECOMMENDED ACTION:
Make the reappointments as appropriate.
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August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Page 8 of 402
11.3 Boards and Commissions: Ratify Appointments 314
Karla Teuffer to the Board of Appeals and Advisors•
Sandra Castro Cain to the Civil Service Commission•
Omar Armas to the Cultural Arts Commission•
Lisa Brannen to the Cultural Arts Commission•
Roselle Ellison to the Cultural Arts Commission•
Kris Finch to the Cultural Arts Commission•
Manuel Vera to the Cultural Arts Commission•
Deepa Kurup to the Health, Wellness, and Aging Commission• Isaiah Diamond to the Housing and Homelessness Advisory Commission
•
Juliette Montoya-Cesena to the Housing and Homelessness Advisory Commission
•
Erik Nava to the Measure A Citizens’ Oversight Committee• Jaye Okamoto to the Measure P Citizens’ Oversight Committee• Jan Buddingh to the Parks and Recreation Commission•
Christopher Worth to the Parks and Recreation Commission• Location: No specific geographic location
G.C. § 84308 Regulations Apply: No
Environmental Notice: The activity is not a "Project" as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Sections 15060(c)(3) no environmental review is required.
RECOMMENDED ACTION:
Ratify the appointments as appropriate.
12. COUNCILMEMBERS’ REPORTS
12.1 Councilmember Inzunza: Senate and Assembly Bills 399 Consider Supporting Senate Bill 1138 and Assembly Bills 1761 and 2493, Related to Energy Affordability, Ratepayer Transparency, and Electric Grid Accountability
G.C. § 84308 Regulations Apply: No
Environmental Notice: The proposed action is not a "Project" as defined under Section 15378 of the State California Environmental Quality Act (“CEQA”) Guidelines. Therefore, pursuant to State CEQA Guidelines Section 15060(c)(3), no environmental review is required.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Page 9 of 402 RECOMMENDED ACTION:
Adopt a resolution in support of Senate Bill 1138, and Assembly Bills 1761 and 2493, relating to energy affordability, ratepayer transparency, and electric grid accountability.
13. CITY CLERK'S REPORTS
14. CITY ATTORNEY'S REPORTS
15. ADJOURNMENT
to the regular City Council meeting on August 18, 2026 at 5:00 p.m. in the Council Chambers.
Materials provided to the City Council related to an open session item on this agenda are available for public review, please contact the Office of the City Clerk at [email protected]
or (619) 691-5041.
We encourage community participation - sign up at www.chulavistaca.gov to receive email notifications when City Council agendas are published online.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Page 10 of 402 NOTICE OF REVIEW AND PENDING APPROVAL OF FINAL MAP:
In accordance with California Government Code Section 66458(d), notice is hereby given that the City Engineer has reviewed and, immediately following this City Council meeting of August 11, 2026, will approve the following final map:
Chula Vista Tract No. 19-03, Otay Ranch Village 8 West Planning Area “S”.
Final Map (PRJ25-0004)
Specifically, the City Engineer has caused the map to be examined and has made findings:
The map substantially conforms to the approved tentative map, any approved alterations thereof, and any conditions of approval imposed with said tentative map.
•
The map complies with the provisions of the Subdivision Map Act and any local ordinances applicable at the time of approval of the tentative map. •
The map is technically correct.•
Said map will be finalized and recorded, unless an interested party files a valid appeal of the City Engineer’s action to City Council no later than 2:00 p.m., 10 calendar days from the date of this City Council meeting. A valid appeal must identify the improper/incorrect finding and the basis for such conclusion.
If you have questions about the map approval findings or need additional information about the map or your appeal rights, please feel free to contact Jaime Campos, Principal Civil Engineer at [email protected]
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Page 11 of 402
City of Chula Vista
Regular City Council Meeting
MINUTES
Date:
Location:
July 14, 2026, 5:00 p.m.
Council Chambers, 276 Fourth Avenue, Chula Vista, CA
Present: Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, Mayor McCann
Excused: Councilmember Preciado
Also Present: City Attorney Verdugo, City Clerk Bigelow, Deputy Director of City Clerk Services Turner, City Manager Allen
Minutes are prepared and ordered to correspond to the agenda. _____________________________________________________________________
1. CALL TO ORDER
The meeting was called to order at 5:00 p.m.
2. ROLL CALL
City Clerk Bigelow called the roll.
3. PLEDGE OF ALLEGIANCE TO THE FLAG AND MOMENT OF SILENCE Led by the Chula Vista Police Officers Association President, Sergeant David Martinez.
4. SPECIAL ORDERS OF THE DAY
4.1 Presentation of a Proclamation Proclaiming July 2026, as Parks and Recreation Month in the City of Chula Vista
The proclamation was presented.
5. CONSENT CALENDAR (Items 5.1 through 5.9)
Mayor McCann and Councilmember Inzunza announced they would abstain from voting on Items 5.6.B and 5.6.C, respectively, due to potential property -related conflicts of interest.
The following members of the public spoke regarding various topics related to the consent calendar:
John Acosta, Chula Vista resident
Robert
Item 5.4 was removed from the consent calendar at the request of Councilmember Inzunza.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 2026-07-14 Regular City Council Meeting Minutes
Moved by Mayor McCann
Seconded by Councilmember Chavez
To approve the recommended actions appearing below consent calendar Items 5.1 through 5.3, Item 5.5, Item 5.6A, and Items 5.7 through 5.9. The headings were read, text waived. The motion was carried by the following vote:
Yes (4): Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, and Mayor McCann
Result, Carried (4 to 0)
Moved by Mayor McCann
Seconded by Councilmember Chavez
To approve the recommended action appearing below consent calendar Item 5.6B. The heading was read, text waived. The motion was carried by the following vote:
Yes (3): Councilmember Chavez, Deputy Mayor Fernandez, and Councilmember Inzunza
Abstain (1): Mayor McCann
Result, Carried (3 to 0)
Moved by Mayor McCann
Seconded by Councilmember Chavez
To approve the recommended action appearing below consent calendar Item 5.6C. The heading was read, text waived. The motion was carried by the following vote:
Yes (3): Councilmember Chavez, Deputy Mayor Fernandez, and Mayor McCann Abstain (1): Councilmember Inzunza
Result, Carried (3 to 0)
5.1 Approve Meeting Minutes
Approve the minutes dated: June 16, 2026
5.2 Waive Reading of Text of Resolutions and Ordinances Approve a motion to read only the title and waive the reading of the text of all resolutions and ordinances at this meeting.
5.3 City Election: Recite the Fact of the Primary Municipal Election Held on June 2, 2026, and Declare the Results, Call a General Municipal Election on November 3, 2026, and Adopt Candidate Statement Regulations Adopt the following resolutions:
A. Reciting the fact of the primary municipal election held on June 2, 2026, declaring the results thereof, and other related matters
City of Chula Vista - City Council
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B. Calling a general municipal election to be held on Tuesday, November 3, 2026, t o elect a Mayor, a City Attorney, and two City Councilmembers, representing Districts 1 and 2, consolidating the election with the statewide election, and requesting the County of San Diego Board of Supervisors to permit the Registrar of Voters to perform certain services for the conduct of the election
C. Adopting regulations for candidate statements of qualifications Item 5.3 headings:
A. RESOLUTION NO. 2026-134 OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA RECITING THE FACT OF THE PRIMARY MUNICIPAL
ELECTION F OR MAYOR, AND TWO CITY COUNCILMEMBERS,
REPRESENTING DISTRICTS 1 AND 2 HELD IN THIS CITY ON
TUESDAY , JUNE 2, 2026, DECLARING THE RESULTS THEREOF, AND
OTHER MATTERS AS ARE PROVIDED BY LAW
B. RESOLUTION NO. 2026-135 OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA CALLING A GENERAL MUNICIPAL ELECTION FOR
MAYOR, TWO CITY COUNCILMEMBERS TO REPRESENT DISTRICTS
1 AND 2, AND CITY ATTORNEY , TO BE HELD ON TUESDAY ,
NOVEMBER 3, 2026; AND REQUESTING THE COUNTY OF SAN
DIEGO BOARD OF SUPERVISORS TO PERMIT THE REGISTRAR OF
VOTERS TO PERFORM CERTAIN SERVICES FOR THE CONDUCT OF
THE ELECTION
C. RESOLUTION NO. 2026-136 OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA ADOPTING REGULATIONS FOR CANDIDATES FOR
ELECTIVE OFFICE PERTAINING TO MATERIALS SUBMITTED TO THE
ELECTORATE AT THE MUNICIPAL ELECTION TO BE HELD TUESDAY , NOVEMBER 3, 2026
5.5 Employee Compensation and Positions: Amended Classification and Compensation Plan; Authorized Position Counts; Enhanced Lateral Incentive Pay for Peace Officers; Revised Compensation Schedule; Budget Amendments; and Updated Conflict of Interest Code
Adopt the following resolutions and place the ordinance on first reading:
A. Resolution amending the Classification Plan, Compensation Schedule and authorized position count in the Public Works Department B. Resolution approving the revised Fiscal Year 2026 -27 Compensation Schedule effective July 24, 2026, as required by California Code of Regulations, Title 2, Section 570.5
C. Resolution approving an extension to the Enhanced Lateral Incentive Pay for new lateral Peace Officer hires
D. Resolution amending the fiscal year 2026-27 budget to appropriate funds, accordingly (4/5 Vote Required)
E. Resolution modifying the appendix to the local Conflict of Interest Code to revise the list of designated employees who are required to file
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 2026-07-14 Regular City Council Meeting Minutes
Statements of Economic Interest (Form 700) and designating the filers as “Local Agency Officials,” requiring them to complete state -mandated Ethics and Fiscal and Financial Training
F. Ordinance amending Chula Vista Municipal Code Section 2.05.010 adding the unclassified position title of Deputy Director of Public Works and deleting the unclassified position title of Public Works Superintendent (First Reading) (4/5 Vote Required)
Item 5.5 headings:
A. RESOLUTION NO. 2026-138 OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA AMENDING THE CLASSIFICATION PLAN,
COMPENSATION SCHEDULE AND AUTHORIZED POSITION COUNT
IN IN THE PUBLIC WORKS DEPARTMENT
B. RESOLUTION NO. 2026-139 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE REVISED FISCAL YEAR 2026 -27
COMPENSATION SCHEDULE EFFECTIVE JULY 24, 2026, AS
REQUIRED BY CALIFORNIA CODE OF REGULATIONS, TITLE 2,
SECTION 570.5
C. RESOLUTION NO. 2026-140 OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING AN EXTENSION TO THE ENHANCED
LATERAL INCENTIVE PAY FOR NEW LATERAL PEACE OFFICER
HIRES
D. RESOLUTION NO. 2026-141 OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA MAKING VARIOUS AMENDMENTS TO THE FISCAL
YEAR 2026 -27 BUDGET AND APPROPRIATING FUNDS THEREFOR
(4/5 VOTE REQUIRED)
E. RESOLUTION NO. 2026-142 OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA MODIFYING THE APPENDIX TO THE LOCAL CONFLICT
OF INTEREST CODE TO AMEND THE LIST OF DESIGNATED FILERS
AND ASSOCIATED DISCLOSURE CATEGORIES, AND DESIGNATING
THE FILERS AS LOCAL AGENCY OFFICIALS, THEREBY REQUIRING
THEM TO COMPLETE STATE-MANDATED ETHICS AND FISCAL AND
FINANCIAL TRAINING
F. ORDINANCE OF THE CITY OF CHULA VISTA AMENDING CHULA
VISTA MUNICIPAL CODE SECTION 2.05.010 ADDING THE POSITION
TITLE OF DEPUTY DIRECTOR OF PUBLIC WORKS AND DELETING
THE UNCLASSIFIED POSITION TITLE OF PUBLIC WORKS
SUPERINTENDENT (FIRST READING) (4/5 VOTE REQUIRED)
5.6 Community Facilities Districts: Approve the Levy of Special Taxes and Collectibles for Fiscal Year 2026-27
Adopt the following resolutions:
A. Levying special taxes to be collected to pay th e costs of facilities and services for Community Facilities Districts 97-3, 98-3, 99-2, 2000-1, 2001- 1, 2001-2, 2024-1, 2024-2, 07-I, 08-I, 08-M, 09-M, 11-M, 12-I, 12-M, 13-I, 13-M, 14-M, 14-M2, 16-I, 16M, 18 -M and 19 -M within the City of Chula
City of Chula Vista - City Council
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Vista (“City”) and designating the Director of Finance to file a list of taxes to be levied on each parcel with the County auditor each year.
B. Levying special taxes to be collected to pay the cost of facilities and services for Community Facilities Districts 06-I and 07-M within the City of Chula Vista and designating the Director of Finance to file a list of taxes to be levied on each parcel with the County auditor each year.
C. Levying special taxes to be collected to pay the cost of facilities and services for Community Facilities Districts 97-1, 97-2, and 99-1 within the City of Chula Vista and designating the Director of Finance to file a list of taxes to be levied on each parcel with the County auditor each year.
Item 5.6 headings:
A. RESOLUTION NO. 2026-143 OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA LEVYING SPECIAL TAXES TO BE COLLECTED TO PAY
THE COSTS OF FACILITIES AND SERVICES FOR COMMUNITY
FACILITIES DISTRICTS 97-3, 98-3, 99-2, 2000-1, 2001-1, 2001-2, 2024- 1, 2024-2, 07-I, 08-I, 08-M, 09-M, 11-M, 12-I, 12-M, 13-I, 13-M, 14-M, 14- M2, 16-I, 16M, 18 -M, AND 19 -M WITHIN THE CITY OF CHULA VISTA
AND DESIGNATING THE DIRECTOR OF FINANCE TO FILE A LIST OF
TAXES TO BE LEVIED ON EACH PARCEL WITH THE COUNTY
AUDITOR EACH YEAR
B. RESOLUTION NO. 2026-144 OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA LEVYING SPECIAL TAXES TO BE COLLECTED TO PAY
THE COSTS OF FACILITIES AND SERVICES FOR COMMUNITY
FACILITIES DISTRICTS 06-I AND 07 -M WITHIN THE CITY OF CHULA
VISTA AND DESIGNATING THE DIRECTOR OF FINANCE TO FILE A
LIST OF TAXES TO BE LEVI ED ON EACH PARCEL WITH THE
COUNTY AUDITOR EACH YEAR
C. RESOLUTION NO. 2026-145 OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA LEVYING SPECIAL TAXES TO BE COLLECTED TO PAY
THE COSTS OF FACILITIES AND SERVICES FOR COMMUNITY
FACILITIES DISTRICTS 97 -1, 97 -2, AND 99-1 WITHIN THE CITY OF
CHULA VISTA AND DESIGNATING THE DIRECTOR OF FINANCE TO
FILE A LIST OF TAXES TO BE LEVIED ON EACH PARCEL WITH THE
COUNTY AUDITOR EACH YEAR
5.7 Used Oil Recycling Program Participation: Authorize Submittal of an Oil Payment Program Application to CalRecycle as the Regional Lead Participant for the South Bay/East County Used Oil Program
Adopt a resolution approving the submittal of a regional Oil P ayment Program application to CalRecycle as the regional lead participant for the South Bay/East County Used Oil Program.
Item 5.7 heading:
RESOLUTION NO. 2026-146 OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA AUTHORIZING SUBMITTAL OF A REGIONAL APPLICATION ON BEHALF
City of Chula Vista - City Council
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OF ITSELF AS LEAD PARTICIPANT AND ALL NON -LEAD PARTICIPANTS FOR
THE CALRECYCLE USED OIL PAYMENT PROGRAM
5.8 Purchase Agreements: Accept Bids from Miwall Corporation and San Diego Police Equipment Co., Inc. and Approve Agreements to Purchase Ammunition for the Police Department
Adopt a resolution accepting bids from Miwall Corporation and San Diego Police Equipment Co., Inc., and approving agreements with each for the purchase of ammunition for the Police Department.
Item 5.8 heading:
RESOLUTION NO. 2026-147 OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA ACCEPTING BIDS FROM MIWALL CORPORATION AND SAN DIEGO POLICE EQUIPMENT CO., INC. TO PURCHASE AMMUNITION FOR THE
POLICE DEPARTMENT
5.9 Agreement: Award a Cooperative Agreement to West Coast Arborist, Inc for Citywide Tree Maintenance Services
Adopt a resolution awarding a cooperative agreement for tree maintenance services to West Coast Arborist, Inc.
Item 5.9 heading:
RESOLUTION NO. 2026-148 OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA APPROVING A COOPERATIVE PURCHASING AGREEMENT FOR TREE
MAINTENANCE SERVICES BETWEEN THE CITY AND WEST COAST
ARBORIST, INC.
ITEMS REMOVED FROM THE CONSENT CALENDAR
5.4 CIP Appropriation: Amend the Fiscal Year 2026 -27 CIP Program by Appropriating Funds from the Available Fund Balance of the Public Facilities Development Impact Fees Fund to the Fire Station 11 Project (GGV0273) Robert spoke regarding the item.
Moved by Councilmember Inzunza
Seconded by Mayor McCann
To adopt Resolution No. 2026-137, the heading was read, text waived. The motion was carried by the following vote:
Yes (4): Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, and Mayor McCann
Result, Carried (4 to 0)
Item 5.4 heading:
RESOLUTION NO. 2026-137 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING THE FISCAL YEAR 2026 -27 CAPITAL IMPROVEMENT
PROGRAM BUDGET BY APPROPRIATING PUBLIC FACILITIES
DEVELOPMENT IMPACT FEES FUNDS TO FIRE STATION 11 (CIP NO.
GGV0273) FOR ADDITIONAL CONSTRUCTION COSTS (4/5 VOTE REQUIRED)
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6. PUBLIC COMMENTS
The following members of the public spoke regarding various topics:
John Acosta, Chula Vista resident
Obviously Robert O
Richard Dohman spoke regarding access point to the Eastlake Storage company on Germain Road.
Angelica Martinez, Chula Vista resident, expressed concerns regarding Council meeting discussions and the use of meeting time.
The following members of the public spoke in support of establishing a committee on golf courses:
Bob Strahl, Chula Vista resident
Liz Lebron, Chula Vista resident
Mark Liuag, Chula Vista resident
Thomas submitted written comments regarding matters related to transparency and public accountability.
7. PUBLIC HEARINGS
7.1 Community Facilities District Annexation: Public Hearing and Election Regarding Annexation of Eastlake Self Storage into Community Facilities District No. 97-2
Notice of the hearing was given in accordance with legal requirements, and the hearing was held on the date and no earlier than the time specified in the notice.
Deputy City Manager/Director of Development Services Sapa'u and Deputy Director of Development Services Bridgeford gave a presentation on the item.
Mayor McCann opened the public hearing.
The following members of the public spoke in opposition to the item:
Amanda Alba, Chula Vista resident
Cynthia Garcia, Chula Vista resident
William Hauck, Chula Vista resident
Cynthia Castillo, Chula Vista resident
Adam Zamora, Chula Vista resident
Paul Echeverria, Chula Vista resident
Steve Limber, Chula Vista resident
Taylor Bond, Chula Vista resident
Evette G., Chula Vista resident
Lanea Hauck, Chula Vista resident
Jose Avalos, Chula Vista resident
Robert O spoke, expressing a neutral position on the item.
Delia Dominguez Cervantes submitted written comments in opposition to the item.
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At the request of Mayor McCann, there was a consensus of the City Council to make a referral to the City Manager to verify that the road would provide emergency access and investigate what the City could do to protect the citizens.
There being no further members of the public who wished to speak, Mayor McCann closed the public hearing.
Moved by Mayor McCann
Seconded by Councilmember Chavez
To continue the public hearing to the August 11, 2026, City Council meeting. The motion was carried by the following vote:
Yes (4): Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, and Mayor McCann
Result, Carried (4 to 0)
The meeting was recessed at 6:55 p.m. and reconvened at 7:20 p.m.
7.2 Open Space Maintenance Districts: Approve Levying the Assessments and Collectibles for Fiscal Year 2026-27
Notice of the hearing was given in accordance with legal requirements, and the hearing was held on the date and no earlier than the time specified in the notice.
Mayor McCann announced that, due to conflicts related to the item, it would be continued to the July 21, 2026, City Council meeting.
Mayor McCann opened the public hearing.
Obviously Robert in person test spoke regarding speaking on a pulled item.
There being no members of the public who wished to speak, Mayor McCann closed the public hearing.
8. ACTION ITEMS
8.1 Consider Items Removed From the Consent Calendar, if Any For action on this item, refer to the section, Items Removed from the Consent Calendar, above.
8.2 Ballot Measure: Consider Placing a Charter Amendment Measure on the Nov. 2026 Ballot Related to Term Limits, Elected Official Compensation, Council Committees, Salary Setting & City Ethics Commissions, Public Contracting, Lobbying, & Binding Arbitration
City Manager Allen gave a presentation on the item.
Brigette Browning spoke, expressing a neutral position on the item.
Kelvin Barrios spoke in support of the item.
At 7:47 p.m., the meeting was briefly recessed due to a disruption in the remote public access service. Staff and the City's technology support team conducted troubleshooting and restored service. The meeting reconvened at 7:49 p.m. with public access restored.
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The following members of the public spoke in opposition to the item:
Obviously Robert Test in person
Angelica Martinez
Norma Toothman
Greg Martinez
David Stucky
Crystal Irving, representing SEIU Local 221
Delia Dominguez-Cervantes
Jerome O. Torres submitted written communications in opposition to the item.
City Attorney Verdugo stated that, due to a p otential conflict of interest, outside counsel would advise on portions of the measure affecting the City Attorney's salary if necessary.
Mayor McCann moved to refer the proposed measure to the Charter Review Commission and Board of Ethics for review before it returned to the City Council.
The motion died for lack of a second.
Mayor McCann moved to remove the salary increases from the ballot measure.
The motion died for lack of a second.
At the request of Councilmember Chavez there was a consensus of the City Council to direct the City Attorney's Office to explore the possibility of including additional bargaining units in the proposed measure related to binding arbitration.
There was a consensus of a majority of the City Council to designate Deputy Mayor Fernandez to author the ballot argument in favor of the proposed measure.
9. PUBLIC COMMENTS (CONTINUED)
Brandon Claypool spoke regarding various topics.
Heidi Paola spoke regarding matters related to homelessness.
Becky Rapp spoke regarding matters related to cannabis access and use.
10. CITY MANAGER’S REPORTS
There were none.
11. MAYOR’S REPORTS
Mayor McCann reported on attendance at recent events and made community announcements.
12. COUNCILMEMBERS’ REPORTS
Councilmembers reported on attendance at recent events and made community announcements.
At the request of Councilmember Chavez, there was a consensus of the City Council to direct the City Manager to return with an update on the master planning efforts for the north side of Otay Ranch Community Park, including potential public facilities and options for a senior center in eastern Chula Vista.
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Councilmember Chavez gave a report on the recent SANDAG meeting.
13. CITY CLERK'S REPORTS
There was none.
14. CITY ATTORNEY'S REPORTS
There were none.
15. CLOSED SESSION
Pursuant to Resolution No. 13706 and City Council Policy No. 346 -03, the City Attorney maintains official minutes and records of action taken during closed session.
City Attorney Verdugo announced that the City Council would convene in closed session to discuss the items listed below.
The meeting was recessed at 9:05 p.m. and reconvened in closed session at 9:13 p.m. with all members present.
15.1 Conference with Labor Negotiators Pursuant to Government Code Section 54957.6
Robert spoke regarding the item.
Agency-designated representatives: Tiffany Allen, Courtney Chase, Tanya Tomlinson, and Marco Verdugo
Employee organization: NS-IAFF and IAFF
Action: No reportable action.
16. ADJOURNMENT
The meeting was adjourned at 9:53 p.m.
Minutes prepared by: Tyshar Turner, Deputy Director, City Clerk Services
_________________________
Kerry K. Bigelow, MMC, City Clerk
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August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista
Special City Council Meeting
MINUTES
Date:
Location:
July 21, 2026, 4:00 p.m.
Council Chambers, 276 Fourth Avenue, Chula Vista, CA
Present: Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, Councilmember Preciado, Mayor McCann
Also Present: City Manager Allen, City Attorney Verdugo, City Clerk Bigelow, Deputy Director of City Clerk Services Turner
Minutes are prepared and ordered to correspond to the agenda. _____________________________________________________________________
1. CALL TO ORDER
The meeting was called to order at 4:00 p.m.
2. ROLL CALL
City Clerk Bigelow called the roll.
3. PLEDGE OF ALLEGIANCE TO THE FLAG AND MOMENT OF SILENCE Led by City Manager Allen.
4. CLOSED SESSION
Pursuant to Resolution No. 13706 and City Council Policy No. 346 -03, the City Attorney maintains official minutes and records of action taken during closed session.
City Attorney Verdugo announced that the City Council would convene in closed session to discuss the items listed below.
The meeting was recessed at 4:13 p.m. and reconvened in closed session at 4:15 p.m. with all members present.
4.1 Conference with Labor Negotiators Pursuant to Governmen t Code Section 54957.6
Mayra Estrada, representing the Association of Chula Vista Employees, spoke regarding labor negotiations, employee compensation, and workforce recruitment and retention.
Robert spoke regarding the item.
Agency-designated representati ves: Marco Verdugo, Tiffany Allen, Courtney Chase, Tanya Tomlinson, and Elizabeth Pietanza
Employee Organizations: ACE, IAFF, NIAFF, POA, SEIU/MMPR, WCE Action: No reportable action.
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5. ADJOURNMENT
The meeting was adjourned at 4:58 p.m.
Minutes prepared by: Tyshar Turner, Deputy Director, City Clerk Services
_________________________
Kerry K. Bigelow, MMC, City Clerk
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista
Regular City Council Meeting
MINUTES
Date:
Location:
July 21, 2026, 5:00 p.m.
Council Chambers, 276 Fourth Avenue, Chula Vista, CA
Present: Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, Councilmember Preciado, Mayor McCann
Also Present: City Manager Allen, City Attorney Verdugo, City Clerk Bigelow, Deputy Director of City Clerk Services Turner
Minutes are prepared and ordered to correspond to the agenda. _____________________________________________________________________
1. CALL TO ORDER
The meeting was called to order at 5:00 p.m.
2. ROLL CALL
City Clerk Bigelow called the roll.
3. PLEDGE OF ALLEGIANCE TO THE FLAG AND MOMENT OF SILENCE Led by Councilmember Preciado.
4. CONSENT CALENDAR (Items 4.1 through 4.3)
John Acosta, Chula Vista resident, spoke in opposition to Item 4.2.
Robert spoke regarding various topics.
Moved by Councilmember Inzunza
Seconded by Councilmember Chavez
To approve the recommended actions appearing below consent calendar Items 4.1 through 4.3. The headings were read, text waived. The motion was carried by the following vote:
Yes (5): Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, Councilmember Preciado, and Mayor McCann
Result, Carried (5 to 0)
4.1 Waive Reading of Text of Resolutions and Ordinances Approve a motion to read only the title and waive the reading of the text of all resolutions and ordinances at this meeting.
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4.2 Employee Position Titles: Adopt an Ordinance Amending Chula Vista Municipal Code Section 2.05.010 Unclassified Position Titles The following members of the public submitted written comments in opposition to the item:
Paul Henkin
Sherry Deaner-Harrington
Adopt an ordinance amending Chula Vista Municipal Code Section 2.05.010 adding the unclassified position title of Deputy Director of Public Works and deleting the unclassified position title of Public Works Superintendent. (Second Reading and Adoption) (4/5 Vote Required)
Item 4.2 heading:
ORDINANCE NO. 3624 OF THE CITY OF CHULA VISTA AMENDING CHULA VISTA MUNICIPAL CODE SECTION 2.05.010 ADDING THE POSITION TITLE OF
DEPUTY DIRECTOR OF PUBLIC WORKS AND DELETING THE
UNCLASSIFIED P OSITION TITLE OF PUBLIC WORKS SUPERINTENDENT (SECOND READING AND ADOPTION) (4/5 VOTE REQUIRED)
4.3 Approve Agreement: Approve an Agreement with PFM Financial Advisors LLC to Advise the South County Higher Education Planning Task Force Adopt a resolution approving a Consultant Services Agreement with PFM Financial Advisors, LLC (“PFM”) to provide financial analysis, fiscal evaluation, and strategic advisory services in direct support of the South County Higher Education Planning Task Force.
Item 4.3 heading:
RESOLUTION NO. 2026-149 OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA APPROVING A CONSULTANT SERVICES AGREEMENT BETWEEN THE CITY AND PFM FINANCIAL ADVISORS LLC.
5. PUBLIC COMMENTS
The following members of the public spoke regarding various topics:
John Acosta, Chula Vista resident
Truth Tonix
Mayra Estrada spoke regarding the air conditioning system at the Animal Care Facility.
Lorraine Cypher spoke in support of Police Chief Kennedy.
Angelica Martinez spoke regarding attendance at City Council meetings.
Brandon Plascencia spoke regarding homelessness in the City.
Becky Rapp spoke in opposition to AB2697 related to drive-through cannabis sales.
6. PUBLIC HEARINGS
6.1 Open Space Maintenance Districts: Approve Levying the Assessments and Collectibles for Fiscal Year 2026-27
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Notice of the hearing was given in accordance with legal requirements, and the hearing was held on the date and no earlier than the time specified in the notice.
Mayor McCann stated he would abstain from voting on Items 6.1 B and 6.1 D, and Councilmember Chavez stated she would abstain from voting on Items 6.1 B and
6.1 C, due to potential property-related conflicts of interest.
Mayor McCann opened the public hearing.
Robert spoke regarding the item and various other topics.
Paul Henkin submitted written comments expressing a neutral position on the item.
There being no further members of the public who wished to speak, Mayor McCann closed the public hearing.
Moved by Mayor McCann
Seconded by Deputy Mayor Fernandez
To adopt Resolution No. 2026-150 (Item 6.1 A), the heading was read, text waived.
The motion was carried by the following vote:
Yes (5): Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, Councilmember Preciado, and Mayor McCann
Result, Carried (5 to 0)
Item 6.1 A heading:
RESOLUTION NO. 2026-150 OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA LEVYING THE ASSESSMENTS AND COLLECTIBLES FOR FISCAL YEAR 2026-27 FOR OPEN SPACE DISTRICTS 2 THROUGH 11, 14, 15, 17, 18, 20 (ZONES 1 THROUGH 4, 6, 8 AND 9), 23, 24, 26, 31 , 33, EASTLAKE MAINTENANCE DISTRICT NO 1, TOWN CENTRE MAINTENANCE DISTRICT,
AND BAY BOULEVARD MAINTENANCE DISTRICT
Moved by Councilmember Preciado
Seconded by Councilmember Inzunza
To adopt Resolution No. 2026-151(Item 6.1 B), the heading was read, text waived.
The motion was carried by the following vote:
Yes (3): Deputy Mayor Fernandez, Councilmember Inzunza, and Councilmember Preciado
Abstain (2): Councilmember Chavez, and Mayor McCann
Result, Carried (3 to 0)
Item 6.1 B heading:
RESOLUTION NO. 2026-151 OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA LEVYING THE ASSESSMENTS AND COLLECTIBLES FOR FISCAL YEAR 2026-27 FOR OPEN SPACE DISTRICT 1
Moved by Mayor McCann
Seconded by Deputy Mayor Fernandez
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To adopt Resolution No. 2025-152 (Item 6.1 C), the heading was read, text waived.
The motion was carried by the following vote:
Yes (4): Deputy Mayor Fernandez, Councilmember Inzunza, Councilmember Preciado, and Mayor McCann
Abstain (1): Councilmember Chavez
Result, Carried (4 to 0)
Item 6.1 C heading:
RESOLUTION NO. 2026-152 OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA LEVYING THE ASSESSMENTS AND COLLECTIBLES FOR FISCAL YEAR 2026-27 FOR OPEN SPACE DISTRICT 20 ZONE 5
Moved by Councilmember Inzunza
Seconded by Councilmember Preciado
To adopt Resolution No. 2026-153 (Item 6.1 D), the heading was read, text waived.
The motion was carried by the following vote:
Yes (4): Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, and Councilmember Preciado
Abstain (1): Mayor McCann
Result, Carried (4 to 0)
Item 6.1D heading:
RESOLUTION NO. 2026-153 OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA LEVYING THE ASSESSMENTS AND COLLECTIBLES FOR FISCAL YEAR 2026-27 FOR OPEN SPACE DISTRICT 20 ZONE 7
The meeting was recessed at 5:37 p.m. and reconvened at 5:47 p.m.
7. ACTION ITEMS
7.1 Consider Items Removed From the Consent Calendar, if Any There were none.
7.2 Ballot Initiative: Provide Direction on a Proposed Amendment to the Chula Vista City Charter, Consider Placing a Measure on the November 3, 2026 Ballot to Amend the Charter, Carry Out Necessary Election Procedures, & Authorize Other Necessary Actions
Steve Stenberg, Chula Vista resident, spoke expressing a neutral position on the item.
The following members of the public spoke in support of the item:
Jorge Sanchez
Al Sanchez
Kelvin Barrios, representing Local 89
Leonel Urquidez
Alfredo Alvarez
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The following members of the public spoke in opposition to the item:
John Acosta, Chula Vista resident
David Stucky, Chula Vista resident
Mayra Estrada, representing the Association of Chula Vista Employees Jerome Torres, Chula Vista resident
Sandra Chavez, Chula Vista resident
Delia Dominguez Cervantes, Chula Vista resident
Joseph Raso, Chula Vista resident
Erica Brancato, Chula Vista resident
Elroy Kihano, Chula Vista resident
Andrew Lawson, Chula Vista resident
Fred Cowles, Chula Vista resident
Bebe Ren, Chula Vista resident
Dr. Marco Amaral
Robin Leon, Chula Vista
Viridiana Word, Chula Vista resident
Martin Calvo, Chula Vista resident
Kevin Marshall, Chula Vista resident
Angelica Martinez, Chula Vista resident
Greg Martinez, Chula Vista resident
Francisco Rivera, Chula Vista resident
Cindy D., Chula Vista resident
Rocky Martinez, Chula Vista resident
Mary D.
Michael Gorski, Chula Vista resident
Henry Aspeytia, representing New Beginnings Church
Corina Soto, Chula Vista resident
Tim D.
Leonardo Figueroa, Chula Vista resident
Susan McManus, Chula Vista resident
Board of Ethics Chair Salas
Bobby Salas, Chula Vista resident
Paula Whitsell, Chula Vista resident
Brandon Plascencia
Truth Tonix
Marcela Miranda-Prieto
Robert Krilowicz
Robert
Harry Orgovan
Consuelo Henkin
Paul Henkin
The following members of the public submitted written comments in opposition to the item:
Lily G.
Paul Henkin
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Moved by Mayor McCann, seconded by Deputy Mayor Fernandez, to remove the salary increases for the City Council, Mayor, and City Attorney from the proposal.
The motion was superseded by a substitute motion.
The following action was made and carried:
Moved by Councilmember Inzunza
Seconded by Councilmember Preciado
To take no action to place the measure on the November 2026 ballot and to refer the proposed Charter amendments to the Charter Review Commission with a report to return to the City Council at a future date that would allow suffic ient time for public input. The motion was carried by the following vote:
Yes (4): Councilmember Chavez, Councilmember Inzunza, Councilmember Preciado, and Mayor McCann
No (1): Deputy Mayor Fernandez
Result, Carried (4 to 1)
Moved by Mayor McCann
Seconded by Councilmember Preciado
With respect to the proposed Charter amendments to be referred to the Charter Review Commission, to clarify that the City Council is not interested in the Commission making recommendations regarding changes to the full -time or part- time status of City Councilmembers or recommendations related to elected officials’ salaries. The motion was carried by the following vote:
Yes (4): Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Preciado, and Mayor McCann
No (1): Councilmember Inzunza
Result, Carried (4 to 1)
The meeting was recessed at 8:55 p.m. and reconvened at 9:00 p.m.
7.3 Boards and Commissions: Approve Seat Designations for Newly Created District-Nominated Seats on Certain Boards and Commissions The following members of the public spoke regarding vacancies on boards and commissions:
Martin Calvo, representing the Park and Recreation Commission Robert
Consuelo Henkin spoke regarding the item.
Moved by Councilmember Preciado
Seconded by Deputy Mayor Fernandez
To adopt Resolution No. 2026-154, the heading was read, text waived. The motion was carried by the following vote:
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Yes (4): Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, and Councilmember Preciado
No (1): Mayor McCann
Result, Carried (4 to 1)
Item 7.3 heading:
RESOLUTION NO. 2026-154 OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA APPROVING SEAT DESIGNATIONS FOR NEWLY CREATED DISTRICT -
NOMINATED SEATS ON THE BOARD OF LIBRARY TRUSTEES, CHARTER
REVIEW COMMISSION, SUSTAINABILITY COM MISSION, TRAFFIC SAFETY
COMMISSION, AND VETERANS ADVISORY COMMISSION
8. PUBLIC COMMENTS (CONTINUED)
Madison Rapp spoke in opposition to commercial cannabis businesses.
Robert expressed concerns regarding the Police Department's technology programs.
Consuelo Henkin spoke regarding human trafficking.
Paul Henkin spoke regarding various topics.
9. CITY MANAGER’S REPORTS
There were none.
10. MAYOR’S REPORTS
Mayor McCann reported on attendance at recent events and made community announcements.
11. COUNCILMEMBERS’ REPORTS
Councilmembers reported on attendance at recent events and made community announcements.
Councilmember Chavez reported on the recent SANDAG Public Safety meeting.
At the request of Councilmember Inzunza, there was a consensus of the City Council to add an item to the earliest available City Council agenda to consider a resolution supporting Assembly Bill 1761, Senate Bill 1138, and Assembly Bill 2493, which San Diego Community Power identified as legislative priorities.
Deputy Mayor Fernandez provided an update related to the upcoming MTS meeting.
12. CITY CLERK'S REPORTS
City Clerk Bigelow commented on remote public participation in City Council meetings.
13. CITY ATTORNEY'S REPORTS
13.1 Council Policy No. 111-02: Discussion Regarding Amendments to the Special Orders of the Day and Proclamations Policy
Item was withdrawn.
14. CLOSED SESSION
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Pursuant to Resolution No. 13706 and City Council Policy No. 346 -03, the City Attorney maintains official minutes and records of action taken during closed session.
City Attorney Verdugo announced that the City Council would convene in closed session to discuss the items listed below.
The meeting was recessed at 9:50 p.m. and reconvened in closed session at 9:54 p.m. with all members present.
14.1 Conference with Legal Counsel Regarding Existing Litigation Pursuant to Government Code Section 54956.9(d)(1)
The following members of the public spoke on the item:
Robert
Consuelo Henkin
Name of case: Alexis Lopez v. Gerardo Rios, et al. , San Diego Superior Court Case No. 25CU002571C
Action: No reportable action.
15. ADJOURNMENT
The meeting was adjourned at 9:56 p.m.
Minutes prepared by: Tyshar Turner, Deputy Director, City Clerk Services
_________________________
Kerry K. Bigelow, MMC, City Clerk
City of Chula Vista - City Council
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Regular City Council Meeting
MINUTES
Date:
Location:
July 28, 2026, 5:00 p.m.
Council Chambers, 276 Fourth Avenue, Chula Vista, CA
Present: Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, Councilmember Preciado, Mayor McCann
Also Present: City Manager Allen, City Attorney Verdugo, City Clerk Bigelow, Deputy Director of City Clerk Services Turner
Minutes are prepared and ordered to correspond to the agenda. _____________________________________________________________________
1. CALL TO ORDER
The meeting was called to order at 5:00 p.m.
2. ROLL CALL
City Clerk Bigelow called the roll.
3. PLEDGE OF ALLEGIANCE TO THE FLAG AND MOMENT OF SILENCE Led by Fire Chief Manroe.
4. CONSENT CALENDAR (Items 4.1 through 4.8)
John Acosta, Chula Vista resident, spoke in opposition to Item 4.8.
Robert spoke regarding various topics related to the consent calendar.
Moved by Councilmember Inzunza
Seconded by Councilmember Preciado
To approve the recommended actions appearing below consent calendar Items 4.1 through 4.8. The headings were read, text waived. The motion was carried by the following vote:
Yes (5): Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, Councilmember Preciado, and Mayor McCann
Result, Carried (5 to 0)
4.1 Approve Meeting Minutes
Approve the minutes dated: July 14, 2026
4.2 Waive Reading of Text of Resolutions and Ordinances
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Approve a motion to read only the title and waive the reading of the text of all resolutions and ordinances at this meeting.
4.3 Consider Requests for Excused Absences
Approve an excused absence for Councilmember Preciado from the July 14, 2026, City Council meeting.
4.4 Community Facilities District: Declare Intention to Form Community Facilities District No. 2025-1 (Village 8 East)
Adopt the following resolutions:
A. Approving the boundaries of proposed Community Facilities District No. 2025-1 (Village 8 East) (“CFD No. 2025 -1”), declaring the intention of the City Council to authorize the formation of the proposed CFD No. 2025 -1, levy a special tax, and set a time and place for the public hearing; and B. Declaring necessity to incur bonded indebtedness.
Item 4.4 headings:
A. RESOLUTION NO. 2026 -155 OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA, DECLARING INTENTION TO ESTABLISH PROPOSED
COMMUNITY FACILITIES DISTRICT NO. 2025 -1 (VILLAGE 8 EAST) OF THE
CITY OF CHULA VISTA, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA,
INCLUDING IMPROVEMENT AREAS THEREIN, AND TAKING OTHER ACTIONS
RELATING THERETO
B. RESOLUTION NO. 2026 -156 OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA, CALIFORNIA, DECLARING THE NECESSITY TO INCUR A
BONDED INDEBTEDNESS ON BEHALF OF EACH IMPROVEMENT AREA OF COMMUNITY FACILITIES D ISTRICT NO. 2025 -1 (VILLAGE 8 EAST) OF THE
CITY OF CHULA VISTA, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, TO
BE SECURED BY SPECIAL TAXES LEVIED THEREIN TO PAY FOR THE
ACQUISITION OR CONSTRUCTION OF CERTAIN PUBLIC FACILITIES
4.5 Agreements: Approve an Agre ement with Southern Counties Oil Co., a CA Limited Partnership DBA SC Fuels, and an Amendment to the Agreement with SC Commercial, LLC DBA SC Fuels for Fuel Supply and Delivery Adopt the following resolutions:
A. Approving an agreement with Southern Counties Oil Co., a CA Limited Partnership DBA SC Fuels (“SCOC”); and
B. Approving an amended agreement with SC Commercial, LLC DBA SC Fuels (“SC Commercial”) to provide motor vehicle fuel supply and delivery.
Item 4.5 headings:
A. RESOLUTION NO. 2026 -157 OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING THE FIRST AMENDMENT TO THE CONTRACTOR
SERVICE AGREEMENT FOR MOTOR VEHICLE FUEL SUPPLY AND DELIVERY
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BETWEEN THE CITY OF CHULA VISTA AND SC COMMERCIAL, LLC, DBA SC FUELS
B. RESOLUTION NO. 2026 -158 OF THE CITY COUN CIL OF THE CITY OF
CHULA VISTA APPROVING A CONTRACTOR SERVICE AGREEMENT FOR
MOTOR VEHICLE FUEL SUPPLY AND DELIVERY BETWEEN THE CITY OF CHULA VISTA AND SOUTHERN COUNTIES OIL CO., A CALIFORNIA LIMITED
PARTNERSHIP DBA SC FUELS
4.6 Active Transportation Progra m: Authorize the Submittal of a Cycle 8 Grant Application for Bayshore Bikeway - Lagoon Drive to H Street; and Confirm the City’s Assurance to Complete the Projects
Adopt a resolution authorizing the submittal of an application for the Active Transportation Program Cycle 8 grant for Bayshore Bikeway Segment 6B between Lagoon Drive and H Street and confirming the City’s commitment to complete this project and enhance the local transportation infrastructure.
Item 4.6 heading:
RESOLUTION NO. 2026-159 OF THE CI TY COUNCIL OF THE CITY OF CHULA
VISTA AUTHORIZING THE SUBMITTAL OF AN ACTIVE TRANSPORTATION PROGRAM – CYCLE 8 GRANT APPLICATION FOR THE BAYSHORE BIKEWAY SEGMENT 6B FROM LAGOON DRIVE TO H STREET PROJECT; AND
CONFIRMING THE CITY’S ASSURANCE TO COMPLETE THE PROJECT
4.7 Agreement: Approve an Agreement with Chen Ryan Associates, Inc. to Perform Preliminary Engineering, Environmental Analysis, and Final Design Engineering Services for “F Street Promenade Phase 1” (CIP STL0464) Adopt a resolution approving a profe ssional services agreement with Chen Ryan Associates, Inc. to perform engineering consulting services for Federal Project ATPL-5203(055): City Project F Street Promenade Phase 1 (STL0464).
Item 4.7 heading:
RESOLUTION NO. 2026-160 OF THE CITY COUNCIL OF TH E CITY OF CHULA
VISTA APPROVING A CONSULTANT SERVICES AGREEMENT BETWEEN THE CITY AND CHEN RYAN ASSOCIATES, INC. TO PROVIDE PROFESSIONAL
ENGINEERING CONSULTANT SERVICES
4.8 Agreement Amendment: Approve an Amendment to Consultant Services Agreement with I-GSD Management Inc. for Project Management/City Representative Services
Adopt a resolution approving an amendment to a consultant services agreement with I-GSD Management Inc. for project management/city representative services that 1) increases the init ial contract (through September 30, 2026) amount by $53,400; and 2) exercises the one -year extension option through September 30, 2027 at $300,000, for a total not-to-exceed amount of $703,400.
Item 4.8 heading:
RESOLUTION NO. 2026-161 OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA APPROVING AN AMENDMENT TO A CONSULTANT SERVICES
AGREEMENT BETWEEN THE CITY AND I-GSD MANAGEMENT INC.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 2026-07-28 Regular City Council Meeting Minutes
5. PUBLIC COMMENTS
John Acosta, Chula Vista resident, spoke regarding various topics.
Leonardo Figueroa spoke regarding ethics c oncerns related to the July 21, 2026, City Council meeting.
Truth Tonix spoke regarding campaign finance disclosures, government transparency, and the proposed Charter amendments.
Madison Rapp spoke regarding nicotine addiction among teens.
Becky Rapp spoke in opposition to kratom products being sold in the City.
Peggy Walker spoke regarding cannabis addiction among teens.
Robert spoke regarding boards and commissions.
6. BOARD AND COMMISSION REPORTS
6.1 Hear a Presentation from the Board of Ethics Regarding Its Recommendation to Implement an Ex Parte Communication Policy
Board of Ethics Chair Salas and Member Gersten gave a presentation on the item.
Robert spoke regarding the item.
There was a consensus of the City Council to direct the City Attorney to review and formalize the proposed Ex Parte Communications Policy, including its consistency with existing City policies and its scope and disclosure requirements.
7. PUBLIC HEARINGS
7.1 Gaming Operations: Amend Chula Vista Municipal Code Chapter 5.20 “Gambling” Incorporating Chula Vista Gaming Plan Provisions in Accordance with State Law
Notice of the hearing was given in accordance with legal requirements, and the hearing was held on the date and no earlier than the time specified in the notice.
Special Pr ojects Manager Relph announced that a revised appendix to the ordinance for the item had been distributed and that action on the item would be on the revised document.
Special Projects Manager Relph and Police Sergeant Patrick White gave a presentation on the item.
Mayor McCann opened the public hearing.
Robert spoke regarding the item.
There being no further members of the public who wished to speak, Mayor McCann closed the public hearing.
Moved by Mayor McCann
Seconded by Councilmember Preciado
To place the below ordinance on first reading, the heading was read, text waived.
The motion was carried by the following vote:
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 2026-07-28 Regular City Council Meeting Minutes
Yes (5): Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, Councilmember Preciado, and Mayor McCann
Result, Carried (5 to 0)
Item 7.1 heading:
ORDINANCE OF THE CITY OF CHULA VISTA READOPTING THE CHULA VISTA
GAMING PLAN AS AN APPENDIX TO CHULA VISTA MUNICIPAL CODE CHAPTER 5.20 GAMBLING (FIRST READING)
The meeting was recessed at 6:05 p.m. and reconvened at 6:10 p.m.
8. ACTION ITEMS
8.1 Consider Items Removed From the Consent Calendar, if Any There were none.
8.2 Surplus Land Declaration: Declare a Portion of City -Owned Property Surplus Land
Real Property Manager Dickson gave a presentation on the item.
Moved by Mayor McCann
Seconded by Councilmember Chavez
To adopt Resolution No. 2026-162, the heading was read, text waived. The motion was carried by the following vote:
Yes (5): Councilmember Chavez, Deputy Mayor Fernandez, Councilmember Inzunza, Councilmember Preciado, and Mayor McCann
Result, Carried (5 to 0)
Item 8.2 heading:
RESOLUTION NO. 2026-162 OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA DECLARING THE CITY -OWNED REAL PROPERTY LOCATED IN THE RANCHO ROBINHOOD UNIT 3 OPEN SPACE DISTRICT WITH ASSESSOR’S PARCEL NUMBER 593-320-01-00 CONSISTING OF APPROXIMATELY 4,717
SQUARE FEET, AS SURPLUS LAND
8.3 City Council Referrals: Presentation on City Council Referrals Related to Events and Associated Policies
Deputy City Manager Chase, City Librarian Whatley, Special Events Coordinator Bermudez, Director of Finance Del Rio, and Chief Communications Officer Cihomsky gave a presentation on the item.
Lisa Cohen, Chula Vista resident, spoke regarding the State of the City events.
Robert spoke regarding the item.
At the request of Councilmember Inzunza, there was a consensus of a majority of the City Council, with Mayor McCann opposed, to direct staff to return with policy language to place operational control of al l signature and civic events with the City Manager’s office, including the State of the City, with direction that these items
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 2026-07-28 Regular City Council Meeting Minutes
return for City Council consideration on August 11, and that the changes be applied as soon as the City Manager and City Attorney are able.
9. PUBLIC COMMENTS (CONTINUED)
Gloria Cacho, Chula Vista resident, spoke regarding Council decorum during the meeting.
Sylvia Irigoyen spoke regarding overdose prevention measures at Metropolitan Transit System trolley stations.
10. CITY MANAGER’S REPORTS
There were none.
11. MAYOR’S REPORTS
Mayor McCann reported on attendance at recent events and made community announcements.
12. COUNCILMEMBERS’ REPORTS
Councilmembers reported on attendance at recent events and made community announcements.
Councilmember Chavez provided an update on various topics related to SANDAG.
13. CITY CLERK'S REPORTS
There were none.
14. CITY ATTORNEY'S REPORTS
There were none.
15. ADJOURNMENT
The meeting was adjourned at 8:05 p.m.
Minutes prepared by: Tyshar Turner, Deputy Director, City Clerk Services
_________________________
Kerry K. Bigelow, MMC, City Clerk
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
v . 0 03 P a g e | 1
August 11, 2026
ITEM TITLE
Gaming Operations: Adopt an Ordinance to Amend Chula Vista Municipal Code Chapter 5.20 “Gambling ” Incorporating Chula Vista Gaming Plan Provisions in Accordance with State Law
Location: No specific geographic location
Department: City Manager
G.C. § 84308 Regulations Apply: No
Environmental Notice : The Project qualifies for a Categorical Exemption pursuant to the California Environmental Quality Act State Guidelines Section 15301 Class 1 (Existing Facilities).
Recommended Action
Adopt an ordinance amending Chula Vista Municipal Code Chapter 5.20 “Gambling” incorporating the Chula Vista Gaming Plan as an appendix in accordance with State law. (Second Reading and Adoption) Summary
This ordinance was placed on first reading on July 28, 2026. The original staff report can be accessed at the following link : Gaming Operations: Amend Chula Vista Municipal Code Chapter 5.20 “Gambling” Incorporating Chula Vista Gaming Plan Provisions in Accordance with State Law Please note, the original staff report may include information beyond the scope of the ordinance proposed for adoption with this action.
For questions, please contact the staff indicated in the original staff report or [email protected].
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
SECOND READING AND ADOPTION
C:\Program Files\eSCRIBE\TEMP\1503810813\1503810813,,,2nd Reading Ordinance.docx ORDINANCE NO.
ORDINANCE OF THE CITY OF CHULA VISTA READOPTING
THE CHULA VISTA GAMING PLAN AS AN APPENDIX TO
CHULA VISTA MUNICIPAL CODE CHAPTER 5.20
GAMBLING
WHEREAS, since 1995, the City has regulated card clubs via ordinances codified in the Chula Vista Municipal Code and via its Gaming Plan, adopted and amended by Resolution; and
WHEREAS, the California Gaming Control Commission has asked the City to incorporate its Gaming Plan into its ordinances; and
WHEREAS, the adoption of this ordinance is not a “project” that might impact the physical environment subject to environmental review under the California Environmental Quality Act under State CEQA sections 15061(b)(3) [the “common sense” exemption], Guidelines section 15060(c) and is categorica lly exempt from such review under State CEQA Guidelines section 15321 [“enforcement actions by regulatory agencies”].
NOW, THEREFORE the City Council of the City of Chula Vista does ordain as follows:
Section I. Chula Vista Municipal Code Chapter 5.20.001 is hereby amended to read as follows:
5.20.001 Gaming plan adopted by ordinance
In addition to the gaming, and regulatory controls that otherwise exist in relation to gaming, allowed in Chula Vista specifically by this chapter, the City Council is hereby authorized to adopt by ordinance after public hearing, and from time to time amend by ordinance after public hearing, a gaming plan (“Chula Vista gaming plan,” or alternatively “gaming plan”), which gaming plan shall contain such provisions and regulations as the City Council shall deem appropriate, including but not limited to the following:
A. Types of gaming allowed;
B. Hours and days of operations;
C. Location of gaming;
D. Auditing of gaming establishments;
E. Licensing fees or other charges, including charges on a percentage of gross receipts basis, in an amount the Council deems appropriate;
F. Maximum number of players per table;
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Ordinance
G. Bets and wagers permitted;
H. Charges for gaming;
I. Licensing, including number of licensees and consolidation;
J. Drinking of intoxicating beverages;
K. Maximum number of tables on premises;
L. Every aspect of operation of gaming establishments.
However, the Chula Vista gaming plan shall not allow any form or type of gaming within the City which is not allowed by law.
Notwithstanding the foregoing, no gaming plan may be approved by the Council without receipt and consideration by the Council, at a public hearing, of the comments and recommendations of the Chief of Police and the City Manager; and no permit or license thereunder may be issued without the concurrence of both the Chief of Police and the City Council. The gaming plan shall have, at a minimum, a provision that requires permits to be issued to specific operators and makes it mandatory that the permit issuing authority is vested in both the Chief of Police and the City Council jointly.
Section II. Chula Vista Municipal Code Chapter 5.20.035 is hereby amended to read as follows:
5.20.035 Consolidation - Permitted
Unless otherwise expanded or provided by the Chula Vista gaming plan, notwithstanding the provisions of CVMC 5.20.160 regarding the maximum number of tables on premises, the City Council may, in their sole discretion, grant additional licenses to a Person having an interest in or holding a license to any cardroom in the City, but then only in accordance with the procedures set forth in this chapter or the Chula Vista gaming plan and only if the total number of licenses issued, including consolidated licenses as two separate licenses, does not exceed the maximum permitted by CVMC 5.20.030 or the Chula Vista gaming plan. Unless otherwise provided by the Chula Vista gaming plan, a Person shall be deemed to have an interest in, or hold, an existing license if said Person is a designated licensee, is pr esently married to an existing licensee, is the parent or child of an existing licensee, owns shares in a corporation that owns a license or has a partnership interest in a license, owns a partnership interest in a partnership that has a license or owns sh ares in a corporation that owns a license, or has some other relation to a licensed cardroom as specified in the Chula Vista gaming plan.
Unless otherwise provided by the Chula Vista gaming plan, consolidation occurs whenever a cardroom licensee or a Per son having a financial interest in a cardroom obtains a license to operate an additional cardroom or acquires a financial interest in an additional cardroom.
Section III. Chula Vista Municipal Code Chapter 5.20.130 is hereby amended to read as follows:
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Ordinance
5.20.160 Maximum number of tables on premises and in the City.
Unless otherwise allowed by the Chula Vista gaming plan, no more than eight tables shall be permitted at any premises licensed as a cardroom pursuant to this chapter, except that at cardrooms operating under two consolidated licenses, 20 tables shall be permitted.
Under 5.20.030, if four licenses were issued, the maximum number of tables allowed in the Chula Vista would be 40 tables.
Section IV. Repeal
Section 5.20.002 of the Chula Vista Municipal Code, entitled “All California gaming allowed subject to gaming plan” is hereby repealed.
Section 5.20.006 of the Chula Vista Municipal Code, entitled “Characterization of gaming plan” is hereby repealed.
Section V. Readoption of the Chula Vista Gaming Plan
The Chula Vista Gaming Plan, as adopted and amended to date by resolution of the City Council of the City of Chula Vista is hereby readopted by this ordinance as an appendix to Chapter
5.20 of the Chula Vista Municipal Code and shall hereafter be amended by ordinance as permitted by state law and the City Charter.
Section VI. Severability
If any portion of this Ordinance, or its application to any person or circumstance, is for any reason held to be invalid, unenforceable or unconstitutional, by a court of competent jurisdiction, that portion shall be deemed severable, and such invalidity, unenforceability or unconstitutionality shall not affect the validity or enforceability of the remaining portions of the Ordinance, or its application to any other person or circumstance. The City Council of the City of Chula Vista hereby declares that it would have adopted each section, sentence, clause or phrase of this Ordinance, irrespective of the fact that any one or more other sections , sentences, clauses or phrases of the Ordinance be declared invalid, unenforceable or unconstitutional.
Section VII. Construction
The City Council of the City of Chula Vista intends this Ordinance to supplement, not to duplicate or contradict, applicabl e state and federal law and this Ordinance shall be construed in light of that intent. To the extent the provisions of the Chula Vista Municipal Code as amended by this Ordinance are substantially the same as the provisions of that Code as it is existed ea rlier or as the provisions of the Chula Vista Gaming Pan existed earlier, those provisions shall be construed as continuations of those earlier provisions, as not as new enactments.
Section VIII. Effective Date
This Ordinance shall take effect and be in force on the thirtieth day after its final passage.
Section IX. Publication
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August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Ordinance
The City Clerk shall certify to the passage and adoption of this Ordinance and shall cause the same to be published or posted according to law.
Presented by Approved as to form by
Tiffany Allen Marco A. Verdugo
City Manager City Attorney
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda C:\Program Files\eSCRIBE\TEMP\14522034804\14522034804,,,Attachment 1 - Ordinance-CVMC Chapter 5.20 Redline.docx ORDINANCE NO.
ORDINANCE OF THE CITY OF CHULA VISTA READOPTING
THE CHULA VISTA GAMING PLAN AS AN APPENDIX TO
CHULA VISTA MUNICIPAL CODE CHAPTER 5.20
GAMBLING
WHEREAS, since 1995, the City has regulated card clubs via ordinances codified in the Chula Vista Municipal Code and via its Gaming Plan, adopted and amended by Resolution; and
WHEREAS, the California Gaming Control Commission has asked the City to incorporate its Gaming Plan into its ordinances; and
WHEREAS, the adoption of this ordinance is not a “project” that might impact the physical environment subject to environmental review under the California Environmental Quality Act under State CEQA sections 15061(b)(3) [the “common sense” exemption], Guidelines section 15060(c) and is categorica lly exempt from such review under State CEQA Guidelines section 15321 [“enforcement actions by regulatory agencies”].
NOW, THEREFORE the City Council of the City of Chula Vista does ordain as follows:
Section I. Chula Vista Municipal Code Chapter 5.20.001 is hereby amended to read as follows:
5.20.001 Gaming plan adopted by resolution ordinance
In addition to the gaming, and regulatory controls that otherwise exist in relation to gaming, allowed in Chula Vista specifically by this chapter, the City Council is hereby authorized to adopt by resolution ordinance after public hearing, and from time to time amend by resolution ordinance after public hearing, a gaming plan (“Chula Vista gaming plan,” or alternatively “gaming plan”), which gaming plan shall contain such provisions and regulations as the City Council shall deem appropriate, including but not limited to the following:
A. Types of gaming allowed , including but not limited to card games, on -site horse and dog wagering, sports book, casino games, video gambling, etc.;
B. Hours and days of operations;
C. Location of gaming;
D. Auditing of gaming establishments;
E. Licensing fees or other charges, including charges on a percentage of gross receipts basis, in an amount the Council deems appropriate;
F. Maximum number of players per table;
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Ordinance
G. Bets and wagers permitted;
H. Charges for gaming;
I. Licensing, including number of licensees and consolidation;
J. Drinking of intoxicating beverages;
K. Maximum number of tables on premises;
L. Every aspect of operation of gaming establishments.
However, the Chula Vista gaming plan shall not allow any form or type of gaming within the City which is not allowed at least at one other location anywhere within the state of California, or federal or Native American enclave or rese rvation located within the jurisdictional boundaries of the state by law.
Notwithstanding the foregoing, no gaming plan may be approved by the Council without receipt and consideration by the Council, at a public hearing, of the comments and recommendations of the Chief of Police and the City Manager; and no permit or license thereunder may be issued without the concurrence of both the Chief of Police and the City Council. The gaming plan shall have, at a minimum, a provision that requires permits to be i ssued to specific operators and makes it mandatory that the permit issuing authority is vested in both the Chief of Police and the City Council jointly.
Section II. Chula Vista Municipal Code Chapter 5.20.035 is hereby amended to read as follows:
5.20.035 Consolidation - Permitted
Unless otherwise expanded or provided by the Chula Vista gaming plan, notwithstanding the provisions of CVMC 5.20.160 regarding the maximum number of tables on premises, the City Council may, in their sole discretion, grant additional licenses to a Person having an interest in or holding a license to any cardroom in the City, but then only in accordance with the procedures set forth in this chapter or the Chula Vista gaming plan and only if the total number of licenses issued, including consolidated licenses as two separate licenses, does not exceed the maximum permitted by CVMC 5.20.030 or the Chula Vista gaming plan. If such application for an additional single license is granted, the maximum number of tables permitted in the consolidation of two licenses is 12, unless otherwise provided by the Chula Vista gaming plan. Unless otherwise provided by the Chula Vista gaming plan, a Person shall be deemed to have an interest in, or hold, an existing license if said Person is a designated licensee, is presently married to an existing licensee, is the parent or child of an existing licensee, owns shares in a corporation that owns a license or has a partnership interest in a license, owns a partnership interest in a partnership t hat has a license or owns shares in a corporation that owns a license, or has some other relation to a licensed cardroom as specified in the Chula Vista gaming plan.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Ordinance
Unless otherwise provided by the Chula Vista gaming plan, consolidation occurs whenever a cardroom licensee or a Person having a financial interest in a cardroom obtains a license to operate an additional cardroom or acquires a financial interest in an additional cardroom.
Section III. Chula Vista Municipal Code Chapter 5.20.130 is hereby amended to read as follows:
5.20.160 Maximum number of tables on premises and in the City.
Unless otherwise allowed by the Chula Vista gaming plan, no more than eight tables shall be permitted at any premises licensed as a cardroom pursuant to this chap ter, except that at cardrooms operating under two consolidated licenses, 12 20 tables shall be permitted. , and said playing area shall be located on the ground floor and the tables shall be arranged so that the playing surface of each table shall be visible from the sidewalk or public walk immediately adjacent to the cardroom, unless otherwise allowed by the Chula Vista gaming plan. The holder of a cardroom license may appeal the visibility requirement to the Zoning Administrator.
Under 5.20.030, if four licenses were issued, the maximum number of tables allowed in the Chula Vista would be 40 tables.
Section IV. Repeal
Section 5.20.002 of the Chula Vista Municipal Code, entitled “All California gaming allowed subject to gaming plan” is hereby repealed.
Section 5.20.006 of the Chula Vista Municipal Code, entitled “Characterization of gaming plan” is hereby repealed.
Section V. Readoption of the Chula Vista Gaming Plan
The Chula Vista Gaming Plan, as adopted and amended to date by resolution of the City Council of the City of Chula Vista is hereby readopted by this ordinance as an appendix to Chapter
5.20 of the Chula Vista Municipal Code and shall hereafter be amended by ordinance as permitted by state law and the City Charter.
Section VI. Severability
If any portion of this Ordinance, or its application to any person or circumstance, is for any reason held to be invalid, unenforceable or unconstitutional, by a court of competent jurisdiction, that portion shall be deemed severable, and such invalidity, unenforceability or unconstitutionality shall not affect the validity or enforceability of the remaining portions of the Ordinance, or its application to any other person or circumstance. The City Council of the City of Chula Vista hereby d eclares that it would have adopted each section, sentence, clause or phrase of this Ordinance, irrespective of the fact that any one or more other sections, sentences, clauses or phrases of the Ordinance be declared invalid, unenforceable or unconstitutional.
Section VII. Construction
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Ordinance
The City Council of the City of Chula Vista intends this Ordinance to supplement, not to duplicate or contradict, applicable state and federal law and this Ordinance shall be construed in light of that intent. To the extent the provisions of the Chula Vista Municipal Code as amended by this Ordinance are substantially the same as the provisions of that Code as it is existed earlier or as the provisions of the Chula Vista Gaming Pan existed earlier, those provisions shall be construed as continuations of those earlier provisions, as not as new enactments.
Section VIII. Effective Date
This Ordinance shall take effect and be in force on the thirtieth day after its final passage.
Section IX. Publication
The City Clerk shall certify to the passage and adoption of this Ordinance and shall cause the same to be published or posted according to law.
Presented by Approved as to form by
Tiffany Allen Marco A. Verdugo
City Manager City Attorney
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 1 CHULA VISTA GAMING PLAN
[Adopted November 14, 2023]
In accordance with Chapter 5.20 of the Chula Vista Municipal Code {the "Gaming Code"), this document shall serve as the gaming plan for the operation of Cardrooms within the City of Chula Vista {the "Gaming Plan"). This Gaming Plan was originally adopted on February 13, 1996, after a public hearing, pursuant to city council Resolution No. 18212. The Gaming Plan has been amended as follows: {l) on January 13, 1998 pursuant to Resolution No. 18862; {2) on November 10, 1998 pursuant to Resolution No. 19251; {3) on September 26, 2000, pursuant to Resolution No. 2000-332; {4) on October 6, 2009, pursuant to Resolution No. 2009 -238; {5) on March 14, 2012, pursuant to Resolution No. 2012 -047; {6) on March 3, 2015, pursuant to Resolution No. 2015 -056; (7) on April 11, 2017, pursuant to Resolution No. 2017 -0128, and (8) on July 23, 2019, pursuant to Resolution No. 2019-143, and (9) on November 14, 2023. The modifications contained in such amendments shall be deemed effective as of the dates of their adoption.
Effective upon its adoption, this Gaming Plan implements, in its entirety, Subchapter 2 of the Gaming Code relating to Cardrooms. Pursuant to Subchapter 1, Section 5.20.004, of the Gaming Code any inconsistency between the Gaming Code and the Gaming Plan shall be governed by the provisions of the Gaming Plan. Except to the extent that this Gaming Plan expressly modifies or is otherwise inconsistent with the Gaming Code, the Gaming Code shall remain in full force and effect.
This Gaming Plan is intended to deal only with the subject of Cardrooms. No other types of gaming permitted by the Gaming Code, shall be governed hereby. To be permitted, such other types of gaming must be the subject of further action by resolution of the City Council to amend or add to this Gaming Plan.
This version of the Gaming Plan is adopted and effective as of November 14, 2023 ________pursuant to City Council Resolution Ordinance No.__________.
CARDROOMS
1. Cardroom Defined.
For the purpose of this Gaming Plan, a "cardroom" is defined to be any space, room, or enclosure furnished or equipped with a table or tables used or intended to be used, either exclusively or in conjunction with another business or activity, as a card table for the playing of cards and similar games, and the use of which is available to the public.
2. Licensing.
2.1 License Required to Operate Cardroom - Individual Licensees Must be 21 Years or Older.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 2 A license from the City issued pursuant to this Gaming Plan, is required for any person, group of persons, partnership, corporation, or any other entity or organization (each a "Person" hereinafter] to engage in or carry on, or to maintain or conduct, or cause to be engaged in, carried on, maintained or conducted, any cardroom in the City. Any such activity conducted without such a license, or otherwise in non -compliance with the terms of this Gaming Plan, the Gaming Code, or any and all other applicable federal, state and local laws and regulations shall be unlawful. No license shall be issued to any individual Person under the age of twenty-one years.
2.2 Number of Licenses Permitted - Existing Licenses.
The number of licenses authorized to be issued or held, in the aggregate, under the provisions of this Gaming Plan shall be limited, based upon the population of the City according to the certified determination thereof by the state department of finance. All such licenses shall be issued and held in accordance with the provisions of this Gaming Plan; provided, however, any Person holding a license or licenses to conduct cardroom operation upon the effective date of this Gaming Plan may continue to hold suc h license or licenses subject to the terms and conditions set forth herein. For purposes of determining the number of licenses which are authorized to be issued by the City hereunder, any two licenses which are "consolidated" pursuant to Section 2.6 hereof shall still be treated as being two separate licenses counted against the total number authorized under state law, and shall be entitled to all rights, benefits, and restrictions as if the licenses were held separately, both under state law and the terms of this Gaming Plan.
2.3 Two Types of Gaming Classifications.
2.3.1 In General. There shall be two types of cardroom licenses: Category I and Category II. The characteristics, rights, obligations and limitations attributable, respectively, to a Category I or Category II licenses are set forth throughout this Gaming Plan. Subject to all such provisions, in general,
(a) a Category I license shall permit the playing of all games available for licensure through the Office of the Attorney General, except games involving "back -line" betting; and
(b) a Category II license shall permit the playing of all games permitted under a Category I license and shall also permit games involving back-line betting. "Back- line" betting card games are card games which allow a player not seated at a cardroom table, but standing adjacent to the table, to bet on a hand being played by a player seated at that table. Subject to state and local law, multiple "back-line" betters may be allowed to participate in any one game.
2.3.2 All licenses issued by the City shall initially be Category I licenses. In order to obtain a Category II license, the applicant (a) must have continuously operated Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 3 a cardroom that plays Category I games for a period of three (3) years; and (b) must apply with the City and receive prior approval from the City for such conversion in accordance with the application procedures set forth in Section 2.4 hereof, below.
2.4 Application/Issuance Procedure.
2.4.1 In General. Any Person desiring a cardroom license must submit an application to the chief of police. The application shall be on a form issued by, or otherwise approved in advance by, the chief of police. Such application shall include, in addition to any other information required by the chief of police, (a) the true names and addresses of any and all Persons currently, or contemplated to have a "financial interest" in the cardroom operation proposed to be licensed; (b) the past criminal record, if any, of any and all such Persons; (c) the fingerprints of any and all such Persons; (d) the proposed location of the cardroom; and (e) a non-refundable fee, as presently designated, or as may in the future be amended, in the Master Fee Schedule, to cover the cost of processing the application and of any required investigation of the applicant. Upon the issuance of a cardroom license, the chief of police may authorize the refund of the investigation portion of the application fee to any Persons who were not subject to investigations.
2.4.2 Approval Required. Any and all proposed cardroom licensees must receive (a) prior written approval of the chief of police, which approval may be withheld in the sole discretion of the chief of police, (b) approval by the State of California Division of Gambling Control; and (c) the ratification of the City Council, which ratification may be withheld in the sole discretion of the City Council. Such approval and/or ratification may be conditioned as the acting parties deem appropriate, and may be based, but is not required to be based, entirely or in part on the assessment by the chief of police or, as applicable, the City Council, of the character of the proposed licensee, or on the opinion of the approving or ratifying entity, that there appears to be good cause why such Person should or should not operate a cardroom. Notwithstanding the foregoing in the event of a transfer directly caused by the death or divorce of a Person holding a financial interest in a license, the "prior approval" requirement, above, shall be amended to require that approval of the resulting transferee be obtained by no later than sixty (60) days following the death or divorce causing such transfer. The time limit may be extended provided the resulting transferee has submitted its application and such additional information as may have been requested with the licensing authorities in a timely fashion.
2.4.3 For purposes of this Section 2.4 and the Gaming Plan, the term "financial interest" shall mean any and all direct or indirect ownership, creditor or other interests, in a cardroom license, the cardroom business operated thereunder, the assets thereof, or the revenues generated thereby.
2.4.3.1 Such an interest shall include, without limitation, any and all interests held by building owners, landlords, tenants, equipment or fixtures owners, lessors or lessees, creditors, lenders or guarantors related in any way to the ownership, financing or operation of the cardroom; and (b) a parent, spouse, sibling or child of an Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 4 individual Person holding a direct, majority or controlling ownership interest in a license or cardroom shall also be deemed the holder of a "financial interest" for purposes of this Section and this Gaming Plan.
2.4.3.2 The City shall decide, in its sole discretion, whether a particular circumstance or transaction falls within the scope of the definition of a "financial interest" that requires submission of an application to the chief of police and approval by the Council for separate licensure.
2.4.4 Any new or revoked cardroom license otherwise qualified for issuance may be issued during the period of May 1 through June 30 following the availability or revocation date of such a license. After the expiration of this period no further licenses shall be issued until the following May 1 through June 30 period. In the event that there are applications in excess of the number of licenses available in accordance with the limitations set forth in Section 2.2 hereof, a license may be issued to the most qualified of such applicants in accordance with a procedure established by th e City. Notwithstanding the foregoing, the City shall decide, in its sole discretion, as to whether to issue any cardroom license authorized hereunder, and whether or how to condition such an issuance; furthermore, the City reserves the right, for any reas on whatsoever, to reject any and all applications for a cardroom license hereunder.
2.5 Transfers.
2.5.1 In General. Any license issued pursuant to this Gaming Plan, a cardroom operated thereunder, or any direct or indirect interest therein, may only be transferred in accordance with the terms and conditions of this Section 2.5. Transfers governed by this section shall include, without limitation, any and all sales, leases, conveyances, assignments, grants, pledges, gifts, devises, donations and/or similar transfers by a Person of any or all of such Persons, direct or indirect, ownership interest in a license or cardroom operated thereunder, or "financial interest" in a license or cardroom operated thereunder, as such concept is defined in Section 2.4.3 hereof.
2.5.1.1 Such transfers shall include, without limitation, (a) a transfer of all or any shares by a shareholder in a corporate licensee; (b) the transfer of all or any partnership interest by a partner in a partnership licensee; (c) the transfer of all or any portion of a controlling shareholder or partnership interest in an entity which itself holds a direct or indirect ownership or financial interest in a license or cardroom; and (d) a transfer of a substantial portion of the assets of a Person holding a license or a cardroom operated thereunder.
2.5.1.2 Such transfers shall not include (a) corporate structure reorganization where the individuals involved in the ownership and their respective percentage interests do not change; (b) transfer of ownership interest for estate planning purposes where the trustee is the same as the current licensed owner; or (c) such other situation that is similar to those described above that the City deems to be immaterial.
Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 5 2.5.2 Application Required. Any applicant seeking a license transfer must comply with all of the application and approval requirements set forth in Section 2.4.
2.5.3 Three Years Operation Required Before Transfer. With the exception of those licenses which have been issued prior to September 1, 1992, no license may be transferred unless and until the holder thereof has been operating a cardroom governed by such license for three (3) years at a fixed location in the City.
Licenses issued prior to September 1, 1992 may not be transferred unless and until the holder thereof has been operating a cardroom governed by such license for one (1) year at a fixed location within the City.
2.5.4 Non-Complying Transfers. In the event of a purported transfer of a license that does not comply with the terms of this Section, the purported transferor shall be subject to monetary penalties as provided in Section 4.2 hereof. The purported transferee shall have no rights to operate a cardroom in the City under the authority of such license. The license involved shall be subject to revocation by the City as provided in Section 4.3 hereof; and (d) the transfer may otherwise be declared null and void.
2.5.5 Special Rules for Transfers of Category II Licenses.
2.5.5.1 Except as otherwise provided herein, upon the transfer, either all at once or in a series of transfers, of a "material or controlling financial interest" (define below) in a Category II license, the Category II license, which is the subject of such transfer, shall immediately revert back to a Category I license. A Category II license so reverted may be converted back to a Category II license, but only in accordance with the provisions of Section 2.3.2 hereof.
2.5.5.2 Notwithstanding the foregoing, a material or controlling interest in a Category II license may be transferred without reversion of the subject Category II license to Category I status subject to the following terms and conditions:
(a) The transfer must be to a "pre-qualified transferee". For purposes of this Section, a "pre -qualified transferee" shall be defined as a Person on record with the chief of police as a Person holding a financial interest in the license, which, with the prior knowledge of the chief of police, acknowledged in writing thereby, has been substantially responsible for the management and operations of a licensed cardroom continuously for a period of three (3) years.
(b) In addition to the agreement required pursuant to
Section 5.5 hereof, any pre-qualified transferee shall enter into a written agreement with the City whereby such Person, on behalf of itself, any successors or assigns thereof, and any and all parties with a financial interest in the license or the cardroom operated thereunder, agrees that (a) the Category II status of the license to be transferred thereto shall be temporary and subject to reversion to Category I status in accordance with this Section; and (bl any action taken by the City to revert the Category II license to a Category I license shall not constitute a taking of any property or other interest held by such Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 6 Person(s); and (c) such Person(s) waive and agree not to pursue any and all claims or other action against the City in connection with a City decision to revert the Category II license to a Category I license.
(c) Until such time that Category II Games have been
operated continuously by the pre-qualified transferee for a period of one (1) year following the effective date of the transfer of the Category II license, or such longer period as the Category II license, o r such longer period as the chief of police may require (the "Temporary Category II Status Period"), the Category II statues of the license shall be temporary, and therefore subject to reversion to a Category I license upon a determination by the chief of police, in his/her sole discretion, for any or no reason whatsoever, that the transferee should be required to first operate as a Category I licensee prior to being permitted to operate as a Category II licensee in accordance with the terms and conditions of Section 2.3.2 hereof. Such determination may be made at any time within thirty (30) days after the expiration of the Temporary Category II Status Period.
(d) Pre-qualification of a potential transferee hereunder shall not constitute City approval of a transfer to such potential transferee and any such transfer shall remain subject to the provisions of Section 2.5 hereof.
2.5.5.3 For purposes of this Section, the City shall determine, in its sole discretion, what constitutes a "material or controlling financial interest" provided; however, in general, a transfer of a financial interest for purposes of pre -qualifying a Person under Section 2.5.6.2 shall not be considered the transfer of a "material or controlling financial interest".
2.5.6. Except as otherwise provided herein, upon the transfer, either all at once or in a series of transfers, of a material or controlling financial interest in a license or the cardroom operated thereunder, the holder of the license, which is the subject of such transfer shall be considered to be new holder of such license subject to any and all provisions hereunder applicable thereto.
2.5.7. Full Cost Recovery for Administrative Costs Associated With Transfer. Any person submitting an application for transfer of a license shall be responsible for payment to the City of all actual administrative costs incurred by the City including the cost of staff time, at the City's full cost recovery rate, associated with th e investigation of the application for a license transfer and review of transfer documents.
The chief of police shall estimate the cost of City staff and other administrative costs in connection with an application and the Person shall deposit such amount at the time of submitting the application for license transfer to the chief of police. If actual costs incurred exceed the initial deposit the chief of police may require the applicant to make additional deposits to offset costs incurred or to be incurred by the City. If the amount estimated is in excess of the cost incurred, the difference will be refunded to the applicant at the end of the City's review.
2.6 Consolidation.
Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 7 2.6.1 In General. Notwithstanding any other section of this Gaming Plan to the contrary, the holder of a Category I or Category II license may acquire additional Category I or Category II licenses, subject to the consolidation rules and procedures of this Section 2.6. A licensee is permitted to acquire as many licenses as are legally allowed in the City pursuant to Municipal Code section 5.20.030, taking into account licenses already held by others.
2.6.2 Required Qualifications/Procedures. In order to acquire an additional license, an existing license holder {a) must have continuously operated a cardroom under its existing license within the City for a period of three (3) years at a fixed location; and (b) must apply with the City and receive prior written approval from the City for such acquisition in accordance with the rules and procedures set forth in Section 2.4 hereof regarding the initial issuance of licenses. If the additional license is to be acquired from another existing license h older, such application shall also be made in accordance with the rules and procedures governing license transfers set forth in Section 2.5.3 hereof.
2.6.3 Effect of Consolidation; Deemed Consolidation. If an application for the acquisition of an additional license is granted to an applicant holding one license, the two licenses shall become "consolidated". In addition, two licenses shall be deemed to be "consolidated" in the event that the same Person holds, or comes to hold, a "financial interest" (as defined in Section 2.4.3 hereof) in both licenses. or the cardrooms operated thereunder. If an application for the acquisition of an additional license is granted to an applicant holding only one or more sets of consolidated licenses, the additional li cense shall not be consolidated. If an application for the acquisition of an additional license is granted to an applicant holding one or more sets of consolidated licenses and one unconsolidated license, the unconsolidated license held by the applicant shall be deemed to be consolidated with the new license. Under a consolidated license, the maximum number of tables permitted to be operated is twenty (20), subject to any additional or contrary terms and conditions set forth in Section 3.5 and/or other prov isions of this Gaming Plan. All tables operated under a consolidated license must be operated in the same location.
2.6.4 Category I with Category II Consolidations. In the event that a Category I license is consolidated with a Category II license, the following rules shall apply: (a) if the previous owner of the Category II License retains majority ownership and control over the consolidated license, the full benefits and burdens hereunder of Category II status shall apply to all the card tables operated under such consolidated license (b) if the previous owners of the Category I License retains majority ownership and control over the consolidated license, the consoli dated license shall retain Category I status and the requirements for conversion to a Category II License under Section 2.3.2 of this Gaming Plan shall continue to apply.
2.7 License Fee.
2.7.1 In General. There shall be a license fee on any licensed cardroom within the City in accordance with the terms of this Section 2.7. The license fee is for Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 8 purposes of generating revenues to the general fund of the City and not for purposes of regulation. The fee shall be based upon the number of tables that are licensed by the City pursuant to the terms of this Gaming Plan that are also permitted to be opera ted by the City at the location where the license is being utilized pursuant to the City's land use laws and regulations. The fee shall be based upon the maximum number of tables so licensed and permitted based upon the category of license issued with respect thereto, regardless of the number of tables that may actually be operated on any given day or the category of game conducted thereon. Notwithstanding the foregoing, if the City approves new tables, but State approval is required before the operation of any such new tables, the license fee set forth below in sections 2.7.2 through 2.7.6, inclusive, with respect to such new tables, shall not go into effect until the date the required State approval is obtained.
2.7.12.7.2 Operating Agreement. The City and the Licensee shall enter into a Card Room Operating Agreement, which may be renegotiated from time to time as deemed appropriate by the Parties, that will outline the timing and fees to be paid to the City.
2.7.2 Amount of Fee. The license fee to be assessed and collected on each licensed cardroom shall be the applicable "base rate" fee determined as follows:
2.7.2.1 Base Rate:
(a) Category I: Effective July 1, 2019 the base license fee for card tables licensed under a single, non-consolidated Category I license shall be $3,750 per card table per quarter.
(b) Category II: Effective July 1, 2019 through June 30, 2020, the base license fee for each card table in a cardroom licensed to play Category II games under a Category II license shall be $9,000 per table per annual quarter. Effective July 1, 2020 through June 30, 2021, the base license fee for each card table in a cardroom licensed to play Category II games under a Category II license shall be $9,540. This rate shall apply to the maximum number of tables licensed and approved to be operated at the cardroom location regardless of whether or not such tables are actively being used, and regardless of whether or not Category II games are actually being played at such tables.
(c) Percentage Payment Structure The base rate license fee for operation of any tables licensed by the City to the cardroom as set forth in this Gaming Plan may be converted to a license fee based upon a percentage of gross revenue generated by Licensee from t he play of any game or gaming activity ("Percentage Payment Structure"). Unless otherwise specified in an amendment to the Gaming Plan, the timing of any conversion to and the specific terms of any Percentage Payment Structure shall be set forth the agreem ent between the parties required pursuant to Section 5.5 hereof.
2.7.3 Procedures for Payment of Fee.
Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 9 2.7.3.1 Advance Payment. The license fee provided hereunder shall be payable quarterly in advance by no later than the day falling fifteen {15) days prior to the first day of each calendar quarter.
2.7.4 Audit rights. The City shall have the right to conduct an independent audit of licensee's accounting records at any time upon three (3) days prior written notice to licensee. The audit shall be performed by a party designated by the City, subject to the reasonable approval of licensee. If the City elects to conduct such an audit, the licensee shall be responsible for reimbursing City costs incurred in connection therewith. The licensee's reimbursement obligation under this Section shall not exceed $10,000.00 per any twelve (12) month period.
2.7.52.7.4 Fee Receipt. The finance director shall issue a receipt for each licensed cardroom and such receipt shall be displayed on the premises during the full term for which such receipt was issued.
2.7.6 Annual Increase in Base License Fee Rate. The base rate license fee amounts set forth in Section 2.7 shall be increased by three percent (3%) per year. The first increase shall take effect on July 1, 2021 and each subsequent increase shall take effect on each July 1 thereafter. This annual base rate increase shall apply to all tables licensed and approved in the previous year regardless of whether or not such tables were put into service that year. Notwithstanding the above, if the Percentage Payment Structure becomes the basis to calculate the base rate license fee, then the terms of increase in such fee shall be governed by the agreement entered into pursuant to Section
5.5 hereof.
3. Operating Limitations and Conditions.
3.1 City Land Use Regulations Shall Control.
All cardrooms and card table operations shall be subject to the City's land use regulations. Notwithstanding any provision in this Gaming Plan to the contrary, no cardroom operations shall be permitted without the prior acquisition of any and all necessary approvals and permits from the City in connection therewith, and any cardroom operation with such approvals and permits shall operate in strict compliance with any and all terms and conditions thereof. For example, in no event shall the cardroom exceed the number of players it is restricted to in its conditional use permit based on parking limits or other imposed conditions.
3.2 Games Permitted.
3.2.1 Category I License: Subject to the terms and conditions of this Gaming Plan and the Gaming Code, the holder of a Category I cardroom license shall be permitted to operate a cardroom that conducts all card games that have been determined by the Office of the Attorney General of the State of California ("Attorney General") to be within the permissible subject of local licensing by California cities, excluding those games Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 10 involving "backline betting." The games permitted under this section shall be referred to herein from time to time as "Category I Games."
3.2.2 Category II License: Subject to the terms and conditions of this Gaming Plan and the Gaming Code, the holder of a Category II cardroom license shall be permitted to operate a cardroom which conducts all card games permitted by a Category I license {as described in Section 3.2. l, above,), plus those card games which involve backline betting. Such games shall be referred to herein from time to time as "Category II Games." For purposes of this Gaming Plan, back -line betting may be conducted, as that term is understood pursuant t o Business and Professions Code Section 19843. If the Office of the Attorney General authorizes a new game that would fall within Category I but has not previously been played in the City, then the Licensee will simultaneously send the chief of police a co py of the application request for game approval submitted to the Office of the Attorney General. The chief of police shall provide notice within 30 days whether it would like to further review the game before it is played at the cardroom. The chief of poli ce shall have the right to approve or disapprove any proposed new games in his/her sole discretion, and such decision shall be final. If no notice is provided, it is assumed that the game is approved to be played in the City.
3.3 Game Rules.
Except as specifically provided in this Gaming Plan, all rules for games played at a cardroom shall be governed by State law and the California Bureau of Gambling Control (the "CBGC"), the California Gambling Control Commission (the "CGCC"), or their successor entities (collectively "State Agencies"). Rules for every game allowed shall be made readily available to players and prospective players as follows: (1) in one or more binders within the cardroom; (2) on the cardroom's official website (if any); and (3) in printed fliers. In addition, each table shall identify the game currently being played using a prominently placed sign at said table. Every table where a game is offered shall list the specific name of the game, the license number for the game issued by the State Agencies, or the variation thereof, that is then available for play at the tableA generic game name is permissible for the table sign (i.e., California Blackjack, Pai Gow Poker, Ultimate Texas Hold'Em, etc.).
3.4 Hours and Days of Operation.
Licensed cardrooms may operate seven days per week, twenty-four hours per day subject to any and all land use conditions imposed by the City with respect to a specific site of operation.
3.5 Maximum Number of Tables.
Subject to such limitations as may be imposed by local land use conditions, to a specific site of operation, the maximum number of tables that may be operated under a cardroom license are as follows:
Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 11 3.5.1 Category I - Non-Consolidated. The maximum number of tables that may be operated under a single, non-consolidated Category I license shall be sixteen (16).
3.5.2 Category I - Consolidated. The maximum number of tables permitted under a consolidated Category I license shall be twenty (20) during gaming operations.
3.5.3 Category II - Non-Consolidated. The maximum number of tables that may be operated under a non-consolidated Category II license shall be sixteen (16).
3.5.4 Category II - Consolidated. The maximum number of tables that may be operated under a consolidated Category II license shall be twenty (20). In no event shall more than fifteen (15) of such twenty (20) tables be operated with "backline" betting games at one time.
3.6 Maximum Number of Players Per Table.
Subject to such limitations as may be imposed by local land use conditions, to a specific site of operation, the maximum number of players permitted at any one cardroom table are as follows:
3.6.1 Category I Tables. No more than ten (10) players shall be permitted at any one card table conducting Category I games. Only persons seated at the card table as players shall be permitted to bet.
3.6.2 Category II Tables. No more than eight (8) seated players with no more than two additional standing players per seat participating in "backline" betting behind the seated player (for a total number of twenty (24) players (standing and sitting) per table) shall be permitted at any one card table conducting Category II games.
3.7 Maximum Limits and Bets.
3.7.1 In General. Maximum limits and wagers shall be based on the approvals from the State Agencies. Maximum limit and wager approvals will be provided to the Chief of Police prior to implementation.
3.7.2 Adequate Financing on Hand/Payment Policy. At all times, licensee must have sufficient proceeds to reimburse any and all demands made upon said licensee for the payment of all monies that patrons have on deposit with that cardroom. In the alternative, and subject to notification to the Chief of Police, said licensee may have a written policy for full payment of all monies that patrons have on deposit with that cardroom to a cardroom patron clearly posted in a place visible to cardroom patrons.
3.8 Maximum House Charges Per Hand - - Posting Required.
Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 12 3.8.1. Approval. All house collection rates will be approved by the State Agencies and notification will be given to the Chief of Police prior to being imposed.
3.8.2 Posting Required. A copy of all collection rate schedules shall be provided to the Chief of Police. The collection rate in use shall be clearly posted at the table.
3.9 Work Permits and Identification Badges Required For Employees.
3.9.1 Work Permit Required. Unless other provided herein, prior to commencing work at a cardroom, each proposed employee of a cardroom, if such Person is other than the Person or Persons whose names appear on the application for the cardroom license, must obtain a work permit from t he Chief of Police. Additionally, any employee of any ancillary business (Third Party Providers of Proposition Player Services, massage therapists, etc.) that is operating at the cardroom location must also obtain a work permit.
3.9.2 Temporary Probationary Work Permit. Temporary probationary work permits may be summarily issued upon payment of the requisite application fee for food and beverage servers, janitorial staff, and kitchen workers pending the issuance of a regular annual work permit. Such temporary probationary work permits may be subject to immediate summary revocation with or without cause by the chief of police and shall not be valid for more than thirty {30) days and shall automatically expire upon issuance of the regular annual work permit or upon denial of the regular annual work permit application by the chief of police. The fee for temporary probationary work permit shall be non-refundable and in addition to the fee for the regular annual work permit application.
3.9.3 Application Process. Each proposed employee shall submit an application for the required work permit to the Chief of Police. Such application shall be on a form issued by, or otherwise approved in advance by, the Chief of Police. Such application shall include, in addition to any other information required by the chief of police, (a) the past criminal record, if any, of such Person; (bl the fingerprints of such Person; and {c) a non-refundable fee, as presently designated, or as may in the future be amended, in the Master Fee Schedule for cardroom applications, to cover the cost of processing the application and of any required investigation of the applicant including a criminal background check to be performed by the police department at the applicant's expense. The work permit, when issued, shall be valid for one (1) year. Any renewal must also be approved by the chief of police and will be subject to a criminal background check to be performed by the chief of police at the applicant's expense. The chief of police may deny the initial approval or renewal of a work permit if, in the chief of police's opinion, {l) in the case of a proposed key employee the applicant therefore should not be permitted to act as key employee or employee in lieu of management by the licensee of the cardroom; and (2) in the case of a proposed employee the applicant therefore should not be permitted to be employed in a cardroom.
Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 13 3.9.4 Identification badges to be worn. Every employee shall, at all times when present in such cardrooms, wear an identification badge containing such Person's photograph, first name and the police department issued employee identification number. The identification badges shall be worn at chest level.
3.9.5 Limitation of Discretion to Issue Work Permit . In addition to any other restrictions provided by law, no work permit shall be issued to any other restrictions provided by law, no work permit shall be issued to anyone who is disqualified from holding a state gambling license, for any of the reasons sp ecified in California Business and Professions Code Section 19850.
3.9.6 Denial of an application for a Work Permit. Any application for a work permit shall be subject to objection by the State of California Bureau of Gambling Control (hereafter Bureau). If the Bureau objects to the issuance of a work permit it shall be denied. Such a denial may be reviewed in accordanc e with the Gambling Control Act (Business and Professions Code Section 19801 et seq.).
3.9.7 Proposition Players.
3.9.7.1 A licensee shall use only employees or properly licensed independent contractors as proposition players.
3.9.7.2 A licensee shall not allow, permit, or suffer more than four (4) proposition players to play at a card table at any given time, subject to modification by the chief of police in his/her sole discretion.
3.9.7.3 The licensee shall not provide any compensation, reward, credit, chips, or any other thing of value or representation of value to an employee who acts as a proposition player other than drop reimbursement, salary or wages earned for the time the employee works as a proposition player. This prohibition does not prohibit a proposition player from receiving the same employment benefits as apply to all other employees of the licensee; provided that no employee or independent contractor shall be paid in chips.
3.9.7.4 A proposition player shall prominently display an identification badge pursuant to Section 3.9.3 at all times while present on the cardroom premises.
3.10 Intoxicating Beverages.
3.10.1 Intoxicating Beverages Permitted. Upon application to and approval by the chief of police, in his/her sole discretion and control and pursuant to a procedure to be implemented and administered by the chief, alcoholic beverages may be served and consumed in a cardroom from the hours of 6:0 0 AM. to 2:00 AM. At all times that alcoholic beverages are served, food must also be made available and the cardroom Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 14 shall comply with its ABC On-Site General Sale (Type 47) Eating Place license, where 50 percent or more of all sales must be food.
The chief of police's decision concerning the consumption and service of intoxicating beverages shall be final. Additionally, licensee shall comply with all applicable state and local laws, rules and regulations, including the City's land use regulations, pertaining to the sale and service of intoxicating beverages. All servers are required to have a valid Responsible Beverage Service ("RBS") certification from an ABC accredited RBS training provider.
3.10.2 Key Employee/employee Consumption Prohibited. The drinking of any intoxicating beverage by any key employee, independent contractor or employee of a card room while on duty is prohibited. The licensee of a cardroom shall take all necessary and appropriate steps to assure compliance with this section.
3.10.3 Permitting Intoxicated Persons to Play in Games Prohibited. No licensee, key employee, independent contractor or employee shall permit any Person to play in any game or at any time which such Person is under the influence of an intoxicating beverage, narcotic, or drug.
3.10.4 Permitting Intoxicated Persons on Premises Prohibited. No licensee, key employee, independent contractor or employee shall permit any Person to enter a gambling establishment at any time when such Person appears to be under the influence of an intoxicating beverage, narcotic or drug.
3.11 Minors Prohibited from Patronage or Employment.
No person under twenty-one years of age shall be employed at a cardroom, allowed to play games at a cardroom, or permitted in a cardroom area where games are being played. Minors may be allowed in non -gaming areas of a cardroom (for example, in an associat ed restaurant) but only with the prior approval of the chief of police, of a written plan containing provisions that assure that no minor shall have no access to gaming areas or alcohol. Given the high level of concern with public safety, the Police Chief's approval of any plan allowing minor access to non-gaming areas shall be in his/her sole discretion and the Chief's decision shall be final.
3.12 Signs to be Posted.
Licensee shall comply at all times with the sign requirements set forth in this Gaming Plan including, without limitation, Sections 3.3, and 3.8.2 hereof, and any and all other signage or posting requirements contained in applicable federal, state or local laws, rules and regulations.
3.13 Licensee Responsible for Compliance and Supervision of Operations.
Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 15 The licensee of a cardroom shall be responsible for assuring that any cardroom operated under such license is operated in strict compliance with the terms of this Gaming Plan, the provisions of the Penal Code of the State of California and any and all othe r applicable federal, state, and local laws, rules, regulations, or permits. All cardrooms and/or card tables shall be supervised by the operator or an employee of the operator of the cardroom, to assure such compliance. Any violation of the cardroom operating limitations and conditions in this Section 3, or elsewhere in the Gaming Plan, whether or not caused by the licensee or any employee thereof, shall be considered a violation by the licensee of the te rms and conditions of its license, and therefore subject to the City's enforcement rights and policies set forth in Section 4 hereof.
3.14 Patron Safety and Security.
3.14.1 Each licensee shall submit a written patron safety and security plan, designed to protect patrons and other persons who are lawfully on the premises of the permitted cardroom, to the chief of police for his/her approval prior to opening for operations.
3.14.2 The chief of police, in his/her sole discretion and control, shall have the right to require amendments to the patron safety and security plan that are, in his or her judgment, reasonably necessary to protect the public peace, health, safety, and general welfare.
3.14.3 Licensee shall be responsible for payment to the City of all actual administrative costs incurred by the City, including the cost of staff time, at the City's full cost recovery rate, associated with the oversight of the patron safety and security plans required by this section, including the administrative costs associated with the review and approval of a patron safety and security plan or any amendments thereto which may be mandated by the chief of police. The chief of police shall estimate the cost of C ity staff and other administrative costs in connection with oversight of the patron safety and security plans and the licensee shall deposit such amount at the time of submitting the patron safety and security plan to the chief of police. If actual costs i ncurred exceed the initial deposit the chief of police may require the applicant to make additional deposits to offset costs incurred or to be incurred by the City. If the amount estimated is in excess of the cost incurred, the difference will be refunded to the applicant at the end of the City's review.
3.15 Crime Reporting Requirement.
3.15.1 Every licensee, key employee, employee, or independent contractor of a cardroom shall immediately report to the Chula Vista Police Department any crime committed on the cardroom premises.
3.15.2 Each licensee shall maintain a chronological criminal activity log and such other reports as the chief of police may determine are needed in order to effectively Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 16 assist the Chula Vista Police Department to carry out its law enforcement function and protect the public health, safety, and welfare.
3.15.3 It shall be unlawful for a licensee, manager, employee or independent contractor of a cardroom to disable any 911 access on any public telephone on the cardroom premises.
3.16 Licenses or Key Employee on Premises.
A cardroom shall have on the premises, at all times the cardroom is open to the public, the licensee or a key employee. A "key employee" for purposes of this section is defined as an employee who shall have access to all cardroom premises for purposes of inspection or for purposes of compliance with any provision of this Gaming Plan and who shall have the responsibility and authority to ensure immediate compliance with the Gaming Plan and all state laws and regulations pertaining to gaming. Further each cardroom licensee shall identify in writing the name, address, and telephone number of each key employee, and each key employee shall wear an identification badge designating the employee as a key employee.
4. Enforcement.
4.1 In General.
It is unlawful and a violation of this Gaming Plan to obtain, transfer or consolidate a cardroom license, or to operate a cardroom in violation of any of the regulations and rules set forth in the Gaming Code, this Gaming Plan, and any and all other applicable federal, state and local laws, rules, regulations or permits.
4.2 Monetary Fines.
4.2.1 Amounts of Fines. For any violation of the terms of this Gaming Plan, the City shall have the right to impose a penalty of up to $1,000 per day for each day the licensee is in violation. In the event that a licensee is cited for a violation (not necessarily the same violation) more than three (3) times within a six-month period, upon the fourth such citation, and with respect to any occurrence thereafter, the City shall have the right to impose a penalty of up to $5,000 per day the licensee is in violation.
4.2.2 Imposition of Fine Not Election of Remedies. The pursuit of monetary fines against a licensee or the receipt of payment therefore shall not constitute an election of remedies on the part of the City and thus shall not preclude any other course of action such as may be available including, without li mitation, the revocation of the cardroom license held or issued hereunder, the revocation of any and all permits or approvals permitting the operating of the cardroom, and any and all other remedies available to the City at law or in equity.
4.3 Revocation and Suspension.
Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 17 4.3.1 City Right to Revoke or Suspend. Any cardroom license issued or held hereunder may be revoked or suspended by the City, after a public hearing, upon the determination by the City council and the chief of police that with respect to the license and/or cardroom operated thereunder, there h as been a material violation, or repeated violations of this Gaming Plan or any or all other applicable federal, state or local laws, rules, regulations or permits.
4.3.2 Material Violation. The City shall determine, in its sole discretion, what shall constitute a material violation for purposes of revocation or suspension under this Section 4.3. Material violations may include, without limitation, the following:
(a) A misrepresentation or exclusion on any application for approval, report or statement of revenues required to be submitted under this Gaming Plan or under any other applicable federal, state or local law, rule, regulation or permit.
(b) A non -complying purported transfer of a cardroom license held or issued hereunder.
(c) Allowing persons other than those named in the application on file with the City, or otherwise previously approved by the City, to hold a financial interest in, or have direct management authority over, a cardroom.
(d) Maintaining a greater number of tables than the number permitted by the license.
(e) Failure to strictly comply with any and all federal, state, and local laws, rules, regulations, and permits applicable to the holding of a license or the operation of a cardroom hereunder, including, without limitation local land use and other code provisions.
(f) Failure to pay, when due, the amount of license fee owed pursuant to Section 2.7 hereof.
(g) Citation of five (5) or more minor violations of this Gaming Plan within any twelve (12) consecutive months.
(h) The conduct of criminal or dangerous activities at or attributable to the licensed cardroom.
(i) Failure to pay, when due, the amount of any monetary fine imposed pursuant to Section 4.2.1 hereof.
(j) Refusal to permit City access to a cardroom for purposes of auditing or inspecting same.
Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 18 4.4 Inspection Rights.
The City shall have the right, at any time, without notice, to enter into any cardroom operating within the City and to conduct a reasonable inspection of all areas of such cardroom, and/or any or all fixtures, equipment, accounting materials or documents contained therein, in order to determine whether or not such cardroom is being operated in accordance with this Gaming Plan. This inspection right is in addition to the audit rights enumerated in Section
2.7.4 herein.
5. General Provisions.
5.1 Definitions.
Except as otherwise expressly defined herein, capitalized terms, and terms otherwise requiring definitions for proper interpretation, shall have the meanings ascribed thereto by the Gaming Code.
5.2 Section Headings.
Section headings contained herein are for reference purposes only and shall not be deemed to govern, limit, modify or in any manner affect the scope, meaning or intent of the provisions of any section hereof.
5.3 Gaming Plan Amendments.
5.3.1 City Council Approval Required. This Gaming Plan may be revoked or amended, in whole or in part, at any time, after a public hearing, by approval of the City Council, provided, however, different terms of operation may be provided in the agreement required by Section 5.5 hereof, below.
5.3.2 Full Cost Recovery for Administrative Costs Associated with modifications to Gaming Plan. Any Person requesting any modification to the Gaming Plan shall be responsible for payment to the City of all actual administrative costs incurred by the City including the cost of staff time, at the City's full cost recovery rate, associated with the req uest for modification of the Gaming Plan. The chief of police shall estimate the cost of City staff and other administrative costs in connection with the requested modification and the Person shall deposit such amount at the time of submitting his/her request for modification to the Gaming Plan. If actual costs incurred exceed the initial deposit the chief of police may require the applicant to make additional deposits to offset costs incurred or to be incurred by the City. If the amount estimated is in exc ess of the cost incurred, the difference will be refunded to the applicant at the end of the City's review.
5.4 Integrated Plan.
Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda 19 All provisions of this Gaming Plan are intended to be integral parts of a comprehensive regulatory scheme. In the event that any material provision hereof is finally determined to be invalid, then, as of the date of such determination (a) the entire Gaming Plan shall, AB initio, become void and of no effect, and (b) the Gaming Code provisions otherwise implemented or superseded hereby shall become effective.
5.5 Agreement of Licensee to Accept Validity and Abide by all Provisions.
Each licensee which holds or is issued a license hereunder, in order to legally operate a cardroom within the City must first enter into a written agreement with the City whereby, for the term specified therein, such licensee agrees, on behalf of itself, any successors or assigns thereof, and any and all parties with a financial interest in the license or the cardroom operated thereunder, that such Persons (a) shall abide by any and all provisions of the Gaming Plan; (b) acknowledge that all provisions of the Gaming Plan are valid and enforceable by the City against such Persons; and (c) waive and agree not to pursue any and all claims or other action against the City that any or all provisions of the Gaming Plan were not legally adopted, valid or enforceable with respect thereto. In consideration for licensee's commitments thereunder, such agreement may also provide for a specified time period for card room operations without being subject to City imposed changes to the Gaming Plan, all as more specifically provided therein.
Item 7.1 - Revised 7/28/2026
Section 3.6.2
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
v . 0 0 5 P a g e | 1
August 11, 2026
ITEM TITLE
Receive Investment Report: Receive the Investment Report for Quarter Ending June 30, 2026 Report Number: 26-0225
Location: No specific geographic location
Department: Finance
G.C. § 84308 Regulations Apply: No
Environmental Notice : The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines. Therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required.
Recommended Action
Receive the investment report for the quarter ending on June 30, 2026.
SUMMARY
This report provides an update on how the City of Chula Vista’s (“City”) money was invested d uring the quarter that ended on June 30, 2026. State law and the City’s Investment Policy require the City to provide this report every quarter.
ENVIRONMENTAL REVIEW
The proposed activity has been reviewed for compliance with the California Environmental Quality Act (“CEQA”), and it has been determined that the activity is not a “Project” as defined under Section 15378 of the State CEQA Guidelines because the proposed activity consists of a governmental fiscal/administrative activity which does not result in a physical change in the environment. Therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines, the activity is not subject to CEQA. Thus, no environmental review is required.
BOARD/COMMISSION/COMMITTEE RECOMMENDATION
Not applicable.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda P a g e | 2
DISCUSSION
As shown in the table below, as of June 30, 2026, the City held a total of $808,359,124 in cash and investments. Of this amount, $685,358,065 is managed direc tly by the City, and $123,001,059 is held by outside trustees.
Summary of Cash and Investments as of June 30, 2026
Cash and Investments Book Value
Managed Investment Portfolio $ 639,723,166 State of California Local Agency Investment Fund 16,549,833 County of San Diego Pooled Investment Fund 27,336 Total Investments Held by the City 656,300,335 Cash/Time Deposits 29,057,730
Total Cash and Investments Held by the City 685,358,065
Cash and Investments Held by Bank Trustee 123,001,059 Total Cash and Investment Portfolio $ 808,359,124
Cash and investments held by the City and the trustees continue to be invested in accordance with the Government Code and City Council Policy 220-01 Investment Policy and Guidelines as adopted by Resolution No. 2026-029 on February 10, 2026.
During this quarter, a total of fourteen (14) investments matured, providing $63.2 million in proceeds. The City reinvested funds by purchasing 11 new investments, including three corporate bonds ($15 million) and eight U.S. Treasury notes ($48.2 million). The Finance Department continues to actively manage the portfolio based on financial and economic conditions. No other significant activity occurred beyond routine investment transactions.
The City’s investment portfolio earned an average return of 4.14%, which was slightly lower than the previous quarter. The average portfolio maturity decreased from 1.91 to 1.84 years.
The Federal Open Market Committee ( “FOMC”) meets approximately every six (6) weeks to set the target range for the federal funds rate. At its most recent meeting, the FOMC reported that economic activity is expanding at a solid pace , despite ongoing conflicts in the Middle East . Productivity growth and capital investment remain strong, e mployment gains are keeping pace with labor force growth , and the unemployment rate has shown lit tle movement. Inflation, however, remains above the FOMC’s long-term target.
The Federal Reserve maintained the federal funds rate target range at 3.50%–3.75%, in alignment with its dual mandate to promote maximum employment and price stability. The FOMC also reaffirmed its policy of maintaining ample reserves within the banking system and reiterated its commitment to achieving stable inflation over time.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda P a g e | 3
The Finance Department, with the assistance of Chandler Asset Management, Inc, continues to manage the City’s investment portfolio in accordance with the State law and City Council Policy 220-01 Investment Policy and Guidelines. Considering the projected timing of cash receipts and disbursements and the structure of the Pooled Investment Portfolio, the City will be able to comfortably meet overall cash flow needs over the next six (6) months.
In accordance with City Council Policy 220-01 Investment Policy and Guidelines, the City Investment Report for the Quarter Ended June 30, 2026 (Attachment 2) includes the following sections:
Portfolio Summary (pg. 1)
Statement of Compliance (pg. 2)
Holdings Report (pg. 5)
U.S. Treasury Yields and Interest Earnings (pg. 14)
Transaction Ledger (pg. 15)
Portfolio Maturity Distribution (pg. 17)
Corporate Bonds Sector Distribution (pg. 20)
Glossary (pg. 22)
DECISION-MAKER CONFLICT
Staff have reviewed the decision contemplated by this action and have determined that it is not site-specific and consequently, the real property holdings of the City Council members do not create a disqualifying real property-related financial conflict of interest under the Political Reform Act (Cal. Gov’t Code § 87100, et seq.).
Staff are not independently aware and have not been informed by any City Council member, of any other fact that may constitute a basis for a decision-maker conflict of interest in this matter.
CURRENT-YEAR FISCAL IMPACT
Considering the projected timing of cash receipts and disbursements and the structure of the Pooled Investment Portfolio, the City should be able to comfortably meet overall cash flow needs over the next six (6) months. There is no direct current-year fiscal impact as a result of this action.
ONGOING FISCAL IMPACT
There is no ongoing fiscal impact as a result of this action.
ATTACHMENTS
1. Summary of Cash and Investments as of June 30, 2026
2. Investment Report for the Quarter Ended June 30, 2026 Staff Contact: Galen Fleming, Fiscal Services Analyst, Finance Department Adrian Del Rio, Director of Finance/Treasurer
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda % of
Investment Type Par Value Market Value Book Value Portfolio Managed Investment Portfolio
Asset Back Securities - - - 0.00% Federal Agency 73,566,000 73,716,302 73,504,953 9.09% Commercial Paper - - - 0.00% Corporate Note 156,581,000 156,639,231 156,432,261 19.35% BNY Custodial Cash Account 1,281,609 1,281,609 1,281,609 0.16% Municipal Bond 24,710,000 24,548,871 24,552,197 3.04% Negotiable Certificate of Deposit 249,000 251,963 249,000 0.03% Supranationals 20,000,000 20,005,709 19,952,614 2.47% U.S. Treasury Bond/Note 361,600,000 357,966,843 359,265,186 44.44% Placement Service Deposits (CDARS) 4,319,914 4,319,914 4,319,914 0.53% Cash
Purchase in Transit (Payable) - - - 0.00% Interest in Transit (Receivable) 165,432 165,432 165,432 0.02% Cash - - - 0.00% Cash Subtotal 165,432 165,432 165,432 0.02% Managed Investment Portfolio Subtotal 642,472,955 638,895,875 639,723,166 78.60% Pooled Investments
State of CA Local Agency Investment Fund 16,549,833 16,549,833 16,549,833 2.05% County of San Diego Pooled Investment Fund 27,336 27,336 27,336 0.00% Pooled Investments Subtotal 16,577,170 16,577,170 16,577,170 2.05% Investments Held by the City 659,050,125 655,473,045 656,300,335 80.65% Cash/Time Deposits 29,057,730 29,057,730 29,057,730 3.59% Total Cash & Investments Held by the City $688,107,855 $684,530,775 $685,358,065 84.78% Held by Bank Trustee/Fiduciary Funds
Cash with Fiscal Agents 56,161,921 56,161,921 56,161,921 6.95% Mutual Funds 17,207,760 17,207,760 17,207,760 2.13% San Diego County Investment Pool 5,936,150 5,936,150 5,936,150 0.73% Local Agency Investment Fund 6,086,594 6,079,730 6,086,594 0.75% Section 115 Trust 31,158,233 31,158,233 31,158,233 3.85% Treasury Bills 6,450,401 6,450,401 6,450,401 0.80% Total Held by Bank Trustee/Fiduciary Funds $123,001,059 $122,994,195 $123,001,059 15.22% Total Portfolio $811,108,913 $807,524,970 $808,359,124 100.00% Notes:
1. Reflects bond proceeds and tax levy revenues held by trustee in accordance with bond covenants.
2. Par value is the principal amount of the investment on maturity.
3. Market values contained herein are received from sources we believe are reliable, however we do not guarantee their accuracy.
4. Market values do not include accrued interest.
5. Book value is the value at which an asset is carried on the balance sheet and does not include accrued interest.
Summary of Cash and Investments as of June 30, 2026
City of Chula Vista
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista | As of June 30, 2026
PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Account Summary
Maturity Distribution
Top Issuers
Credit Quality*
Average Modified Duration 1.59
Average Coupon 3.73%
Average Purchase YTM 4.12%
Average Market YTM 4.16%
Average Credit Quality* AA
Average Final Maturity 1.77
Average Life 1.74
End Values as of
05/31/2026
End Values as of
06/30/2026
Market Value 644,797,543.94 655,473,044.74
Accrued Interest 5,627,956.95 5,825,236.24
Total Market Value 650,425,500.89 661,298,280.98
Income Earned 1,414,244.30 2,960,024.81
Cont/WD (10,000,000.00) 10,000,000.00
Par 647,192,945.33 659,050,124.60
Book Value 644,282,251.60 656,300,335.39
Cost Value 640,013,822.14 652,106,290.41
United States 54.61%
Farm Credit System 8.24%
Federal Home Loan Banks 3.01%
LAIF 2.52%
International Bank for Recon and Dev 1.53%
Morgan Stanley 1.38%
UnitedHealth Group Incorporated 1.15%
The Home Depot, Inc. 1.15%
*The average credit quality is a weighted average calculation of the highest of S&P , Moody’s and Fitch.
Investment Report for the Quarter Ended June 30, 2026
City of Chula Vista
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista | As of June 30, 2026
STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
AGENCY MORTGAGE SECURITIES
Max % (MV) 100.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
ASSET-BACKED SECURITIES (ABS)
Max % (MV; Non Agency ABS & MBS) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
BANKERS' ACCEPTANCES
Max % (MV) 40.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 180 0.0 Compliant
CERTIFICATE OF DEPOSIT PLACEMENT SERVICE (CDARS)
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
COLLATERALIZED BANK DEPOSITS
Max % (MV) 100.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
COLLATERALIZED TIME DEPOSITS (NON-NEGOTIABLE
CD/TD)
Max % (MV) 100.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 3.0 0.0 Compliant
COMMERCIAL PAPER
Max % (MV) 40.0 0.0 Compliant
Max % Issuer (Corporate & Commercial Paper; MV) 10.0 1.4 Compliant Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant
CORPORATE MEDIUM TERM NOTES
Max % (MV) 30.0 24.0 Compliant
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista | As of June 30, 2026
STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Max % Issuer (Corporate & Commercial Paper; MV) 10.0 1.4 Compliant Max % Issuer (MV) 5.0 1.4 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant
FDIC INSURED TIME DEPOSITS (NON-NEGOTIABLE CD/
TD)
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
FEDERAL AGENCIES
Max % (MV) 100.0 11.3 Compliant
Max Maturity (Years) 5 2 Compliant
LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (MV) 75.0 16.6 Compliant
LOCAL GOVERNMENT INVESTMENT POOL (LGIP)
Max % (MV) 100.0 0.0 Compliant
MONEY MARKET MUTUAL FUNDS
Max % (MV; Money Market Fund & Mutual Fund) 20.0 0.2 Compliant Min Rating (AAA by 2) 0.0 0.0 Compliant
MORTGAGE-BACKED SECURITIES (NON-AGENCY)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
MUNICIPAL SECURITIES (CA, LOCAL AGENCY)
Max % (MV) 100.0 3.3 Compliant
Max % Issuer (MV) 5.0 0.9 Compliant
Max Maturity (Years) 5 3 Compliant
MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (MV) 100.0 0.5 Compliant
Max % Issuer (MV) 5.0 0.5 Compliant
Max Maturity (Years) 5 0.0 Compliant
MUTUAL FUNDS
Max % (MV; Money Market Fund & Mutual Fund) 20.0 0.2 Compliant Max % Issuer (MV) 10.0 0.0 Compliant
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista | As of June 30, 2026
STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Min Rating (AAA by 2) 0.0 0.0 Compliant
NEGOTIABLE CERTIFICATES OF DEPOSIT (NCD)
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 1 Compliant
REPURCHASE AGREEMENTS
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 1.0 0.0 Compliant
REVERSE REPURCHASE AGREEMENTS
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 92.0 0.0 Compliant
SUPRANATIONAL OBLIGATIONS
Max % (MV) 30.0 3.1 Compliant
Max % Issuer (MV) 5.0 1.5 Compliant
Max Maturity (Years) 5 3 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (MV) 100.0 54.5 Compliant
Max Maturity (Years) 5 4 Compliant
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista | As of June 30, 2026
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
3133ENV72 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 07/27/2026 3,000,000.00 10/24/2022
4.51%
2,998,950.00
2,999,980.10
100.04
3.82%
3,001,308.00
57,750.00
0.46%
1,327.90
Aa1/AA+
AA+
0.07 0.07
3133ENH45
FEDERAL FARM CREDIT
BANKS FUNDING CORP 3.125
08/24/2026
1,666,000.00 09/09/2022
3.58%
1,637,861.26
1,664,948.45
99.88 3.89%
1,664,020.79
18,366.49
0.25%
(927.66)
Aa1/AA+
AA+
0.15 0.15
3133EPUW3 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.75 09/01/2026 6,000,000.00 09/25/2023
4.96%
5,966,280.00
5,998,047.96
100.12
3.95%
6,007,338.00
95,000.00
0.92%
9,290.04
Aa1/AA+
AA+
0.17 0.17
3130AWTQ3 FEDERAL HOME LOAN BANKS
4.625 09/11/2026 5,250,000.00 08/30/2023
4.67%
5,243,332.50
5,249,566.34
100.12
3.93%
5,256,468.00
74,192.71
0.80%
6,901.66
Aa1/AA+
AA+
0.20 0.19
3133EJD55 FEDERAL FARM CREDIT BANKS
FUNDING CORP 3.3 09/28/2026 1,000,000.00 09/28/2022
4.14%
968,590.00
998,086.59
99.84 3.95%
998,362.00
8,525.00
0.15%
275.41
Aa1/AA+
AA+
0.25 0.24
3130ARHY0 FEDERAL HOME LOAN BANKS 3.0
10/21/2026 3,750,000.00 03/24/2022
3.00%
3,750,000.00
3,750,000.00
99.69 4.02%
3,738,221.25
21,875.00
0.57%
(11,778.75)
Aa1/AA+
AA+
0.31 0.30
3130APRK3 FEDERAL HOME LOAN BANKS
1.43 11/23/2026 2,600,000.00 02/28/2022
1.92%
2,541,500.00
2,595,093.98
98.97 4.07%
2,573,256.40
3,924.56
0.39%
(21,837.58)
Aa1/AA+
AA+
0.40 0.39
3130ATVE4 FEDERAL HOME LOAN BANKS 4.5
12/11/2026 1,650,000.00 11/30/2022
4.09%
1,675,007.40
1,652,769.16
100.16
4.13%
1,652,587.20
4,125.00
0.25%
(181.96)
Aa1/AA+
AA+
0.45 0.44
3130AYPN0 FEDERAL HOME LOAN BANKS
4.125 01/15/2027 6,500,000.00 01/26/2024
4.20%
6,486,090.00
6,497,454.55
100.04
4.05%
6,502,372.50
123,635.42
0.99%
4,917.95
Aa1/AA+
AA+
0.54 0.52
3133EP6K6 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 03/26/2027 7,000,000.00 04/18/2024
4.88%
6,928,250.00
6,982,045.75
100.26
4.13%
7,018,109.00
83,125.00
1.07%
36,063.25
Aa1/AA+
AA+
0.74 0.71
3133ERDS7 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.75 05/06/2027 5,500,000.00 06/27/2024
4.57%
5,525,630.00
5,507,600.45
100.52
4.11%
5,528,803.50
39,913.19
0.84%
21,203.05
Aa1/AA+
AA+
0.85 0.82
3133ENL99
FEDERAL FARM CREDIT
BANKS FUNDING CORP 3.375
09/15/2027
3,500,000.00 09/08/2022
3.85%
3,487,890.00
3,497,086.47
99.02 4.21%
3,465,717.50
34,781.25
0.53%
(31,368.97)
Aa1/AA+
AA+
1.21 1.16
3133ENW63
FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
10/27/2027
3,500,000.00 10/24/2022
4.92%
3,498,460.00
3,499,593.32
100.31
4.13%
3,510,818.50
27,222.22
0.54%
11,225.18
Aa1/AA+
AA+
1.33 1.26
3133ERGL9 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 06/07/2028 6,000,000.00 06/25/2024
4.44%
6,012,120.00
6,005,942.33
100.61
4.16%
6,036,852.00
18,000.00
0.92%
30,909.67
Aa1/AA+
AA+
1.94 1.83
3133EPUN3 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 08/28/2028 5,250,000.00 08/30/2023
4.35%
5,281,920.00
5,263,807.50
100.49
4.26%
5,275,777.50
80,718.75
0.80%
11,970.00
Aa1/AA+
AA+
2.16 2.01
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista | As of June 30, 2026
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
3133EPC45
FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.625
11/13/2028
6,400,000.00 11/10/2023
4.70%
6,379,648.00
6,390,353.13
100.96
4.19%
6,461,235.20
39,466.67
0.99%
70,882.07
Aa1/AA+
AA+
2.37 2.21
3133ERAK7
FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
04/10/2029
5,000,000.00 04/25/2024
4.76%
4,915,350.00
4,952,577.29
100.50
4.18%
5,025,055.00
49,218.75
0.77%
72,477.71
Aa1/AA+
AA+
2.78 2.57
Total Agency 73,566,000.00 4.37%
73,296,879.16
73,504,953.37
100.21
4.09%
73,716,302.34
779,840.01
11.25%
211,348.97
1.09 1.03
CASH
PP3112$02 Neighborhood Bank CASH 4,319,913.82 --
4.10%
4,319,913.82
4,319,913.82
1.00 4.10%
4,319,913.82
0.00 0.66%
0.00 NA/NA
NA
0.00 0.00
CCYUSD Receivable 148,077.04 -- 148,077.04
148,077.04
1.00 148,077.04
0.00 0.02%
0.00 Aaa/AAA
AAA
0.00 0.00
CCYUSD Receivable 1,046.80 -- 1,046.80
1,046.80
1.00 1,046.80
0.00 0.00%
0.00 Aaa/AAA
AAA
0.00 0.00
CCYUSD Receivable 16,308.34 -- 16,308.34
16,308.34
1.00 16,308.34
0.00 0.00%
0.00 Aaa/AAA
AAA
0.00 0.00
Total Cash
4,485,346.00 4.10%
4,485,346.00
4,485,346.00
1.00 4.10%
4,485,346.00
0.00 0.68%
0.00 0.00
0.00 CORPORATE
931142EM1 WALMART INC 3.05 07/08/2026 1,900,000.00 09/23/2022
4.09%
1,829,939.40
1,899,645.65
99.98 4.01%
1,899,623.80
27,848.19
0.29%
(21.85)
Aa2/AA
AA
0.02 0.02
17275RBL5 CISCO SYSTEMS INC 2.5
09/20/2026 1,150,000.00 10/04/2022
4.04%
1,084,622.50
1,146,340.31
99.66 4.02%
1,146,137.15
8,065.97
0.17%
(203.16)
A1/AA-
NA
0.22 0.22
438516BL9 HONEYWELL INTERNATIONAL
INC 2.5 11/01/2026 1,185,000.00 08/01/2022
3.02%
1,160,092.98
1,183,027.33
99.42 4.25%
1,178,108.04
4,937.50
0.18%
(4,919.29)
A2/A
A
0.34 0.33
654106AF0 NIKE INC 2.375 11/01/2026 1,035,000.00 08/02/2022
3.13%
1,003,598.10
1,032,511.32
99.41 4.16%
1,028,860.38
4,096.88
0.16%
(3,650.94)
A2/A+
NA
0.34 0.33
452308AX7 ILLINOIS TOOL WORKS INC 2.65
11/15/2026 1,421,000.00 10/14/2022
4.82%
1,305,557.96
1,410,406.86
99.46 4.12%
1,413,276.87
4,811.66
0.22%
2,870.01
A1/A+
NA
0.38 0.37
002824BF6 ABBOTT LABORATORIES 3.75
11/30/2026 1,000,000.00 10/17/2022
4.69%
964,363.96
996,400.88
99.90 3.98%
999,005.00
3,229.17
0.15%
2,604.12
Aa3/A+
NA
0.42 0.41
26442CAS3 DUKE ENERGY CAROLINAS LLC
2.95 12/01/2026 7,500,000.00 08/23/2024
4.29%
7,285,500.00
7,460,316.20
99.49 4.19%
7,461,705.00
18,437.50
1.14%
1,388.80
Aa3/A
NA
0.42 0.41
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista | As of June 30, 2026
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
78016HZT0 ROYAL BANK OF CANADA 4.875
01/19/2027 6,500,000.00 01/26/2024
4.75%
6,521,645.00
6,504,029.76
100.36
4.20%
6,523,315.50
142,593.75
1.00%
19,285.74
A1/A
AA-
0.56 0.53
61746BEF9 MORGAN STANLEY 3.625
01/20/2027 2,500,000.00 09/20/2023
5.62%
2,350,375.00
2,475,021.48
99.61 4.35%
2,490,172.50
40,529.51
0.38%
15,151.02
A1/A-
A+
0.56 0.53
06048WS84 BANK OF AMERICA CORP 2.75
03/02/2027 4,000,000.00 02/28/2022
2.75%
4,000,000.00
4,000,000.00
98.41 5.19%
3,936,484.00
36,361.11
0.60%
(63,516.00)
A1/A-
AA-
0.67 0.65
808513BY0 CHARLES SCHWAB CORP 2.45
03/03/2027 2,205,000.00 08/01/2022
3.34%
2,121,115.19
2,192,730.28
98.80 4.27%
2,178,630.41
17,707.38
0.33%
(14,099.88)
A2/A-
A
0.67 0.65
713448ER5 PEPSICO INC 2.625 03/19/2027 1,935,000.00 08/02/2022
3.14%
1,892,043.00
1,928,365.81
98.95 4.12%
1,914,682.50
14,391.56
0.29%
(13,683.31)
A1/A+
NA
0.72 0.70
22160KAM7 COSTCO WHOLESALE CORP 3.0
05/18/2027 3,200,000.00 11/21/2022
4.29%
3,030,376.96
3,166,779.14
99.09 4.06%
3,170,838.40
11,466.67
0.48%
4,059.26
Aa3/AA
AA
0.88 0.86
58933YBC8 MERCK & CO INC 1.7 06/10/2027 3,200,000.00 08/02/2022
3.16%
2,988,096.00
3,158,886.08
97.72 4.19%
3,127,062.40
3,173.33
0.48%
(31,823.68)
Aa3/A+
NA
0.94 0.92
437076DB5 HOME DEPOT INC 4.875
06/25/2027 7,500,000.00 07/08/2024
4.76%
7,522,650.00
7,507,075.43
100.59
4.25%
7,544,265.00
6,093.75
1.15%
37,189.57
A2/A
A
0.99 0.87
63743HFT4
NATIONAL RURAL UTILITIES
COOPERATIVE FINANCE CORP
4.12 09/16/2027
7,500,000.00 09/10/2024
4.04%
7,517,400.00
7,506,721.24
99.72 4.36%
7,478,722.50
90,125.00
1.14%
(27,998.74)
A2/A-
A
1.21 1.15
857477CP6 STATE STREET CORP 4.33
10/22/2027 7,500,000.00 11/08/2024
4.53%
7,458,525.00
7,481,540.92
100.02
4.31%
7,501,860.00
62,243.75
1.14%
20,319.08
Aa3/A
AA-
1.31 1.25
46647PEE2 JPMORGAN CHASE & CO 5.571
04/22/2028 6,000,000.00 05/15/2024
5.19%
6,061,500.00
6,016,955.61
100.83
4.54%
6,050,022.00
64,066.50
0.92%
33,066.39
A1/A
AA-
1.81 0.78
89236TPZ2 TOYOTA MOTOR CREDIT CORP
4.25 05/12/2028 5,000,000.00 05/12/2026
4.28%
4,997,350.00
4,997,524.49
99.83 4.35%
4,991,330.00
27,743.06
0.76%
(6,194.49)
A1/A+
A+
1.87 1.76
90331HPS6 US BANK NA 4.73 05/15/2028 6,500,000.00 05/22/2025
4.85%
6,504,550.00
6,502,812.57
100.23
4.51%
6,514,794.00
39,285.28
0.99%
11,981.43
A2/A+
A+
1.88 0.84
06406RCH8 BANK OF NEW YORK MELLON
CORP 4.441 06/09/2028 5,000,000.00 06/17/2025
4.41%
5,003,250.00
5,001,546.12
100.02
4.37%
5,000,995.00
13,569.72
0.76%
(551.12)
Aa3/A
AA-
1.94 0.91
532457DB1 ELI LILLY AND CO 4.0 10/15/2028 5,000,000.00 09/15/2025
3.82%
5,024,350.00
5,017,945.62
99.34 4.30%
4,967,175.00
42,222.22
0.76%
(50,770.62)
Aa3/AA-
NA
2.29 2.15
61690DK72 MORGAN STANLEY BANK NA
5.016 01/12/2029 6,500,000.00 02/04/2025
4.89%
6,522,100.00
6,511,555.56
100.61
4.58%
6,539,949.00
153,057.67
1.00%
28,393.44
Aa3/A+
AA
2.54 1.43
24422EXH7 JOHN DEERE CAPITAL CORP 4.5
01/16/2029 6,250,000.00 01/11/2024
4.56%
6,234,375.00
6,242,046.39
100.26
4.39%
6,266,112.50
128,906.25
0.96%
24,066.11
A1/A
A+
2.55 2.33
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista | As of June 30, 2026
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
74340XBL4 PROLOGIS LP 4.375 02/01/2029 5,000,000.00 11/06/2025
4.06%
5,044,250.00
5,034,669.27
99.74 4.48%
4,987,240.00
91,145.83
0.76%
(47,429.27)
A2/A
NA
2.59 2.37
14913UAJ9 CATERPILLAR FINANCIAL
SERVICES CORP 4.85 02/27/2029 7,000,000.00 06/04/2024
4.77%
7,024,150.00
7,013,584.38
101.21
4.36%
7,084,980.00
116,938.89
1.08%
71,395.63
A1/A
A+
2.66 2.43
09290DAA9 BLACKROCK INC 4.7 03/14/2029 6,800,000.00 03/08/2024
4.56%
6,843,180.00
6,823,030.93
100.99
4.30%
6,867,483.20
94,992.22
1.05%
44,452.27
Aa3/AA-
NA
2.70 2.41
89115A2Y7 TORONTO-DOMINION BANK
4.994 04/05/2029 6,800,000.00 03/28/2024
4.98%
6,804,148.00
6,802,292.08
101.04
4.58%
6,870,937.60
81,124.76
1.05%
68,645.52
A2/A-
AA-
2.76 2.53
58989V2H6 MET TOWER GLOBAL FUNDING
5.25 04/12/2029 7,000,000.00 04/18/2024
5.49%
6,928,250.00
6,959,857.93
101.65
4.61%
7,115,346.00
80,645.83
1.09%
155,488.07
Aa3/AA-
AA-
2.78 2.54
025816EJ4 AMERICAN EXPRESS CO 4.351
07/20/2029 5,000,000.00 04/15/2026
4.30%
5,005,250.00
5,004,766.95
99.49 4.56%
4,974,430.00
97,293.19
0.76%
(30,336.95)
A2/A-
A
3.05 1.90
91324PFG2 UNITEDHEALTH GROUP INC 4.8
01/15/2030 7,500,000.00 03/13/2025
4.74%
7,517,475.00
7,512,706.35
100.77
4.56%
7,557,952.50
166,000.00
1.15%
45,246.15
A2/A+
A
3.54 3.09
95000U4D2 WELLS FARGO & CO 4.182
01/23/2030 5,000,000.00 05/11/2026
4.45%
4,961,500.00
4,962,923.82
98.69 4.64%
4,934,460.00
91,771.67
0.75%
(28,463.82)
A1/BBB+
A+
3.57 2.35
023135DD5 AMAZON.COM INC 4.25
03/13/2031 5,000,000.00 03/16/2026
4.35%
4,976,900.00
4,978,243.91
98.47 4.62%
4,923,275.00
63,750.00
0.75%
(54,968.91)
A1/AA
AA-
4.70 4.16
Total Corporate 156,581,000.00 4.47%
155,488,479.05
156,432,260.63
100.04
4.41%
156,639,231.24
1,848,625.77
23.90%
206,970.61
1.95 1.59
LAIF
90LAIF$00 Local Agency Investment Fund
State Pool 16,549,833.25 --
3.82%
16,549,833.25
16,549,833.25
1.00 3.82%
16,549,833.25
0.00 2.52%
0.00 NA/NA
NA
0.00 0.00
Total LAIF 16,549,833.25 3.82%
16,549,833.25
16,549,833.25
1.00 3.82%
16,549,833.25
0.00 2.52%
0.00 0.00
0.00 LOCAL GOV
INVESTMENT
POOL
90SDCP$00 County of San Diego Investment
Pool 27,336.47 --
3.91%
27,336.47
27,336.47
1.00 3.91%
27,336.47
0.00 0.00%
0.00 NA/NA
AAA
0.00 0.00
Total Local Gov
Investment Pool 27,336.47 3.91%
27,336.47
27,336.47
1.00 3.91%
27,336.47
0.00 0.00%
0.00 0.00
0.00
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista | As of June 30, 2026
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
MONEY MARKET
FUND
X9USDJPMR JPMORGAN:US GVT MM INST 286,739.08 --
3.50%
286,739.08
286,739.08
1.00 3.50%
286,739.08
0.00 0.04%
0.00 Aaa/
AAAm
AAA
0.00 0.00
X9USDJPMR JPMORGAN:US GVT MM INST 994,869.80 --
3.50%
994,869.80
994,869.80
1.00 3.50%
994,869.80
0.00 0.15%
0.00 Aaa/
AAAm
AAA
0.00 0.00
Total Money
Market Fund 1,281,608.88 3.50%
1,281,608.88
1,281,608.88
1.00 3.50%
1,281,608.88
0.00 0.20%
0.00 0.00
0.00 MUNICIPAL
BONDS
817409N43 SEQUOIA CALIF UN HIGH SCH
DIST 1.831 07/01/2026 2,050,000.00 10/26/2022
4.66%
1,856,131.50
2,050,000.00
100.00
1.83%
2,050,000.00
18,767.75
0.31%
0.00 Aaa/NA
NA
0.00 0.00
446222US8
HUNTINGTON BEACH CALIF
UN HIGH SCH DIST 1.208
08/01/2026
3,510,000.00 08/01/2022
3.23%
3,241,765.80
3,504,308.51
99.75 4.22%
3,501,161.82
17,667.00
0.53%
(3,146.69)
NA/AA-
NA
0.09 0.08
544351MS5 LOS ANGELES CALIF 3.5
09/01/2026 1,085,000.00 09/23/2022
4.30%
1,053,144.40
1,083,627.49
99.88 4.16%
1,083,729.47
12,658.33
0.17%
101.98
Aa3/AA-
NA
0.17 0.17
20772KEX3 CONNECTICUT ST 3.8
09/15/2026 3,000,000.00 09/14/2022
3.91%
2,987,880.00
2,999,369.96
99.91 4.19%
2,997,342.00
33,566.67
0.46%
(2,027.96)
Aa2/AA-
AA
0.21 0.20
91412HGF4 UNIVERSITY CALIF REVS 1.316
05/15/2027 1,340,000.00 08/30/2022
3.81%
1,194,878.00
1,313,153.70
97.66 4.07%
1,308,684.20
2,253.28
0.20%
(4,469.50)
Aa2/AA
AA
0.87 0.85
769036BP8 RIVERSIDE CALIF PENSION OBLIG
2.64 06/01/2027 1,500,000.00 11/03/2022
5.27%
1,341,120.00
1,468,147.93
98.50 4.32%
1,477,573.50
3,300.00
0.23%
9,425.57
NA/AA
AA
0.92 0.89
817409N50 SEQUOIA CALIF UN HIGH SCH
DIST 1.951 07/01/2027 2,150,000.00 08/30/2022
3.83%
1,969,658.00
2,112,726.60
98.01 4.00%
2,107,247.25
20,973.25
0.32%
(5,479.35)
Aaa/NA
NA
1.00 0.98
797272QS3 SAN DIEGO CALIF CMNTY
COLLEGE DIST 2.407 08/01/2027 1,300,000.00 08/04/2022
3.25%
1,249,326.00
1,288,992.37
98.26 4.06%
1,277,376.10
13,037.92
0.19%
(11,616.27)
Aa1/AAA
NA
1.09 1.04
786318LF0 SADDLEBACK VY UNI SCH DIST
CALIF 2.4 08/01/2027 1,805,000.00 08/10/2022
3.34%
1,726,681.05
1,787,931.04
98.18 4.13%
1,772,145.39
18,050.00
0.27%
(15,785.65)
Aa1/NA
NA
1.09 1.04
62451FKL3
MOUNTAIN VIEW-WHISMAN
CALIF SCH DIST 1.912
09/01/2027
970,000.00 10/13/2022
4.91%
844,928.20
940,064.09
97.53 4.10%
946,059.43
6,182.13
0.14%
5,995.34
Aaa/AAA
NA
1.17 1.13
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista | As of June 30, 2026
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 6,000,000.00 11/22/2024
4.48%
6,005,880.00
6,003,875.30
100.46
4.34%
6,027,552.00
112,500.00
0.92%
23,676.70
Aa2/AA-
AA
3.09 2.80
Total Municipal
Bonds 24,710,000.00 4.06%
23,471,392.95
24,552,196.99
99.36 4.00%
24,548,871.16
258,956.33
3.75%
(3,325.83)
1.17 1.09
NEGOTIABLE CD
01882MAC6 Alliant Credit Union 5.0
12/30/2027 249,000.00 12/21/2022
5.00%
249,000.00
249,000.00
101.19
4.18%
251,963.10
34.11 0.04%
2,963.10
NA/NA
NA
1.50 1.44
Total Negotiable
CD 249,000.00 5.00%
249,000.00
249,000.00
101.19
4.18%
251,963.10
34.11 0.04%
2,963.10
1.50 1.44
SUPRANATIONAL
45950KCX6 INTERNATIONAL FINANCE CORP
0.75 10/08/2026 4,000,000.00 01/20/2022
1.61%
3,842,373.68
3,990,937.86
99.14 3.99%
3,965,404.00
6,916.67
0.60%
(25,533.86)
Aaa/AAA
NA
0.27 0.27
4581X0EM6
INTER-AMERICAN
DEVELOPMENT BANK 4.375
02/01/2027
6,000,000.00 12/06/2023
4.40%
5,996,640.00
5,999,370.18
100.18
4.06%
6,010,620.00
109,375.00
0.92%
11,249.82
Aaa/AAA
NA
0.59 0.56
459058KW2
INTERNATIONAL BANK FOR
RECONSTRUCTION AND
DEVELOPM 4.625 08/01/2028
5,000,000.00 10/04/2023
4.88%
4,945,600.00
4,976,460.65
100.89
4.17%
5,044,745.00
96,354.17
0.77%
68,284.35
Aaa/AAA
NA
2.09 1.93
459058LR2
INTERNATIONAL BANK FOR
RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
5,000,000.00 03/27/2025
4.21%
4,981,050.00
4,985,844.83
99.70 4.21%
4,984,940.00
57,864.58
0.76%
(904.83)
Aaa/AAA
NA
3.72 3.38
Total
Supranational 20,000,000.00 3.92%
19,765,663.68
19,952,613.52
100.03
4.11%
20,005,709.00
270,510.42
3.05%
53,095.48
1.69 1.55
US TREASURY
912797TF4 UNITED STATES TREASURY
07/02/2026 12,000,000.00 06/24/2026
3.58%
11,991,778.03
11,998,825.43
99.99 3.65%
11,998,800.00
0.00 1.83%
(25.43)
P-1/A-1+
F1+
0.01 0.00
912797RF6 UNITED STATES TREASURY
07/09/2026 4,000,000.00 02/04/2026
3.65%
3,939,255.56
3,996,844.44
99.92 3.69%
3,996,768.00
0.00 0.61%
(76.44)
P-1/A-1+
F1+
0.02 0.02
912797RG4 UNITED STATES TREASURY
08/06/2026 4,000,000.00 02/04/2026
3.65%
3,928,565.00
3,985,870.00
99.64 3.68%
3,985,540.00
0.00 0.61%
(330.00)
P-1/A-1+
F1+
0.10 0.10
912810EX2 UNITED STATES TREASURY 6.75
08/15/2026 3,500,000.00 11/22/2022
4.11%
3,821,152.34
3,510,610.76
100.34
3.93%
3,511,756.50
88,756.91
0.54%
1,145.74
Aa1/AA+
AA+
0.13 0.12
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista | As of June 30, 2026
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
91282CHY0 UNITED STATES TREASURY 4.625
09/15/2026 4,000,000.00 02/04/2026
3.61%
4,023,906.25
4,008,184.12
100.17
3.74%
4,006,840.00
54,293.48
0.61%
(1,344.12)
Aa1/AA+
AA+
0.21 0.20
91282CJC6 UNITED STATES TREASURY 4.625
10/15/2026 4,000,000.00 02/04/2026
3.62%
4,026,875.00
4,011,304.56
100.23
3.78%
4,009,248.00
38,920.77
0.61%
(2,056.56)
Aa1/AA+
AA+
0.29 0.29
912828U24 UNITED STATES TREASURY 2.0
11/15/2026 5,800,000.00 02/12/2026
3.59%
5,732,257.81
5,766,252.07
99.28 3.96%
5,758,129.80
14,815.22
0.88%
(8,122.27)
Aa1/AA+
AA+
0.38 0.37
912828U24 UNITED STATES TREASURY 2.0
11/15/2026 5,000,000.00 09/15/2025
3.68%
4,905,078.13
4,969,401.66
99.28 3.96%
4,963,905.00
12,771.74
0.76%
(5,496.66)
Aa1/AA+
AA+
0.38 0.37
91282CJP7 UNITED STATES TREASURY 4.375
12/15/2026 5,000,000.00 03/16/2026
3.67%
5,025,585.94
5,015,651.47
100.23
3.85%
5,011,600.00
9,562.84
0.76%
(4,051.47)
Aa1/AA+
AA+
0.46 0.45
91282CJP7 UNITED STATES TREASURY 4.375
12/15/2026 6,500,000.00 02/13/2024
4.44%
6,489,082.03
6,498,238.36
100.23
3.85%
6,515,080.00
12,431.69
0.99%
16,841.64
Aa1/AA+
AA+
0.46 0.45
91282CJT9 UNITED STATES TREASURY 4.0
01/15/2027 4,200,000.00 04/07/2026
3.74%
4,207,875.00
4,205,529.26
100.01
3.98%
4,200,319.20
77,502.76
0.64%
(5,210.06)
Aa1/AA+
AA+
0.54 0.52
91282CKA8 UNITED STATES TREASURY 4.125
02/15/2027 4,000,000.00 05/19/2026
3.80%
4,009,218.75
4,007,790.01
100.06
4.02%
4,002,320.00
61,988.95
0.61%
(5,470.01)
Aa1/AA+
AA+
0.63 0.60
912828V98 UNITED STATES TREASURY 2.25
02/15/2027 3,200,000.00 09/20/2023
4.67%
2,959,125.00
3,155,623.19
98.92 4.01%
3,165,494.40
27,049.72
0.48%
9,871.21
Aa1/AA+
AA+
0.63 0.61
91282CKE0 UNITED STATES TREASURY 4.25
03/15/2027 4,000,000.00 06/02/2026
3.81%
4,013,125.00
4,011,835.53
100.17
4.00%
4,006,616.00
49,891.30
0.61%
(5,219.53)
Aa1/AA+
AA+
0.71 0.68
91282CMV0 UNITED STATES TREASURY 3.875
03/31/2027 8,000,000.00 11/06/2025
3.61%
8,028,437.50
8,015,252.33
99.90 4.01%
7,991,640.00
77,923.50
1.22%
(23,612.33)
Aa1/AA+
AA+
0.75 0.72
91282CKJ9 UNITED STATES TREASURY 4.5
04/15/2027 9,000,000.00 12/15/2025
3.53%
9,112,500.00
9,066,804.12
100.36
4.02%
9,032,607.00
85,204.92
1.38%
(34,197.12)
Aa1/AA+
AA+
0.79 0.76
91282CEN7 UNITED STATES TREASURY 2.75
04/30/2027 10,500,000.00 --
4.65%
9,882,773.44
10,348,387.51
98.93 4.07%
10,387,786.50
48,648.10
1.58%
39,398.99
Aa1/AA+
AA+
0.83 0.81
91282CKZ3 UNITED STATES TREASURY 4.375
07/15/2027 6,000,000.00 02/04/2025
4.23%
6,020,156.25
6,008,583.39
100.25
4.13%
6,014,994.00
121,098.07
0.92%
6,410.61
Aa1/AA+
AA+
1.04 0.99
91282CNP2 UNITED STATES TREASURY 3.875
07/31/2027 8,000,000.00 11/06/2025
3.58%
8,039,375.00
8,024,648.38
99.71 4.14%
7,977,184.00
129,309.39
1.22%
(47,464.38)
Aa1/AA+
AA+
1.08 1.03
91282CLG4 UNITED STATES TREASURY 3.75
08/15/2027 8,000,000.00 08/07/2024
3.85%
7,978,437.50
7,991,926.37
99.57 4.14%
7,965,624.00
112,707.18
1.22%
(26,302.37)
Aa1/AA+
AA+
1.13 1.07
91282CPB1 UNITED STATES TREASURY 3.5
09/30/2027 10,000,000.00 10/15/2025
3.50%
9,999,609.38
9,999,750.53
99.21 4.15%
9,921,480.00
87,978.14
1.51%
(78,270.53)
Aa1/AA+
AA+
1.25 1.20
91282CLQ2 UNITED STATES TREASURY 3.875
10/15/2027 10,000,000.00 10/17/2025
3.46%
10,079,296.88
10,051,515.63
99.64 4.16%
9,964,060.00
81,523.22
1.52%
(87,455.63)
Aa1/AA+
AA+
1.29 1.24
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista | As of June 30, 2026
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
91282CFZ9 UNITED STATES TREASURY 3.875
11/30/2027 6,000,000.00 10/23/2023
4.86%
5,782,500.00
5,924,934.91
99.61 4.16%
5,976,330.00
19,692.62
0.91%
51,395.09
Aa1/AA+
AA+
1.42 1.36
91282CGC9 UNITED STATES TREASURY 3.875
12/31/2027 6,000,000.00 12/06/2023
4.20%
5,927,812.50
5,973,361.11
99.58 4.17%
5,974,686.00
631.79
0.91%
1,324.89
Aa1/AA+
AA+
1.50 1.44
91282CGH8 UNITED STATES TREASURY 3.5
01/31/2028 6,000,000.00 12/06/2023
4.20%
5,840,859.38
5,939,220.04
98.97 4.18%
5,938,128.00
87,596.69
0.91%
(1,092.04)
Aa1/AA+
AA+
1.59 1.50
9128283W8 UNITED STATES TREASURY 2.75
02/15/2028 6,400,000.00 11/10/2023
4.67%
5,931,250.00
6,220,940.51
97.79 4.17%
6,258,502.40
66,121.55
0.95%
37,561.89
Aa1/AA+
AA+
1.63 1.55
91282CMS7 UNITED STATES TREASURY 3.875
03/15/2028 6,000,000.00 08/14/2025
3.68%
6,028,359.38
6,018,735.84
99.52 4.17%
5,970,936.00
68,233.70
0.91%
(47,799.84)
Aa1/AA+
AA+
1.71 1.62
91282CGT2 UNITED STATES TREASURY 3.625
03/31/2028 6,500,000.00 02/04/2025
4.26%
6,379,902.34
6,433,267.47
99.09 4.17%
6,440,583.50
59,228.14
0.98%
7,316.03
Aa1/AA+
AA+
1.75 1.66
91282CMW8 UNITED STATES TREASURY 3.75
04/15/2028 8,000,000.00 04/15/2025
3.84%
7,979,687.50
7,987,868.15
99.29 4.16%
7,943,128.00
63,114.75
1.21%
(44,740.15)
Aa1/AA+
AA+
1.79 1.70
9128284N7 UNITED STATES TREASURY 2.875
05/15/2028 6,500,000.00 02/04/2025
4.27%
6,225,019.53
6,342,605.32
97.69 4.17%
6,349,941.00
23,867.19
0.97%
7,335.68
Aa1/AA+
AA+
1.88 1.79
91282CCR0 UNITED STATES TREASURY 1.0
07/31/2028 8,000,000.00 09/24/2024
3.50%
7,284,687.50
7,612,560.28
93.75 4.16%
7,500,000.00
33,370.17
1.14%
(112,560.28)
Aa1/AA+
AA+
2.08 2.02
91282CNU1 UNITED STATES TREASURY 3.625
08/15/2028 6,000,000.00 08/14/2025
3.69%
5,988,750.00
5,992,034.67
98.91 4.17%
5,934,378.00
81,712.71
0.91%
(57,656.67)
Aa1/AA+
AA+
2.13 1.99
91282CNY3 UNITED STATES TREASURY 3.375
09/15/2028 8,000,000.00 04/07/2026
3.87%
7,909,062.50
7,917,635.73
98.34 4.17%
7,866,872.00
79,239.13
1.20%
(50,763.73)
Aa1/AA+
AA+
2.21 2.08
91282CJA0 UNITED STATES TREASURY 4.625
09/30/2028 6,000,000.00 10/23/2023
4.82%
5,949,375.00
5,976,919.72
100.97
4.17%
6,058,128.00
69,754.10
0.92%
81,208.28
Aa1/AA+
AA+
2.25 2.10
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 6,500,000.00 01/26/2024
4.02%
6,737,148.44
6,616,458.04
101.54
4.17%
6,600,041.50
53,386.55
1.01%
(16,416.54)
Aa1/AA+
AA+
2.34 2.17
91282CPK1 UNITED STATES TREASURY 3.5
11/15/2028 8,000,000.00 03/04/2026
3.52%
7,995,625.00
7,996,148.58
98.50 4.17%
7,879,688.00
35,760.87
1.20%
(116,460.58)
Aa1/AA+
AA+
2.38 2.24
91282CPP0 UNITED STATES TREASURY 3.5
12/15/2028 3,000,000.00 02/25/2026
3.47%
3,002,578.13
3,002,263.11
98.45 4.17%
2,953,593.00
4,590.16
0.45%
(48,670.11)
Aa1/AA+
AA+
2.46 2.32
91282CJR3 UNITED STATES TREASURY 3.75
12/31/2028 5,000,000.00 02/04/2025
4.31%
4,901,171.88
4,936,611.30
99.01 4.17%
4,950,390.00
509.51
0.76%
13,778.70
Aa1/AA+
AA+
2.50 2.36
91282CPT2 UNITED STATES TREASURY 3.5
01/15/2029 5,000,000.00 02/03/2026
3.65%
4,978,515.63
4,981,450.76
98.39 4.17%
4,919,725.00
80,732.04
0.75%
(61,725.76)
Aa1/AA+
AA+
2.54 2.36
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 7,000,000.00 04/18/2024
4.68%
6,830,195.31
6,905,653.62
99.88 4.17%
6,991,796.00
72,581.97
1.07%
86,142.38
Aa1/AA+
AA+
2.75 2.55
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista | As of June 30, 2026
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
9128286T2 UNITED STATES TREASURY 2.375
05/15/2029 8,000,000.00 03/04/2026
3.54%
7,721,562.50
7,749,716.42
95.21 4.16%
7,617,184.00
24,266.30
1.16%
(132,532.42)
Aa1/AA+
AA+
2.87 2.73
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 7,000,000.00 06/02/2025
3.98%
7,134,257.81
7,098,068.98
100.91
4.17%
7,063,441.00
26,680.33
1.08%
(34,627.98)
Aa1/AA+
AA+
2.92 2.70
91282CEV9 UNITED STATES TREASURY 3.25
06/30/2029 7,500,000.00 07/29/2024
4.09%
7,222,558.59
7,330,847.25
97.43 4.17%
7,307,520.00
662.36
1.11%
(23,327.25)
Aa1/AA+
AA+
3.00 2.82
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 9,000,000.00 09/12/2025
3.60%
9,129,726.56
9,103,231.17
99.52 4.17%
8,957,106.00
150,165.75
1.37%
(146,125.17)
Aa1/AA+
AA+
3.08 2.82
912828YB0 UNITED STATES TREASURY 1.625
08/15/2029 7,000,000.00 05/15/2026
4.14%
6,470,078.13
6,489,754.55
92.67 4.15%
6,486,760.00
42,734.81
0.99%
(2,994.55)
Aa1/AA+
AA+
3.13 2.97
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 7,500,000.00 10/28/2024
4.08%
7,307,812.50
7,373,051.44
97.97 4.17%
7,347,660.00
65,983.61
1.12%
(25,391.44)
Aa1/AA+
AA+
3.25 3.01
91282CFT3 UNITED STATES TREASURY 4.0
10/31/2029 9,500,000.00 01/07/2025
4.46%
9,311,113.28
9,369,058.61
99.45 4.18%
9,447,674.00
64,021.74
1.44%
78,615.39
Aa1/AA+
AA+
3.34 3.07
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 7,000,000.00 12/04/2024
4.09%
7,011,757.81
7,008,058.07
99.84 4.17%
6,989,066.00
24,456.97
1.07%
(18,992.07)
Aa1/AA+
AA+
3.42 3.14
91282CMD0 UNITED STATES TREASURY 4.375
12/31/2029 8,000,000.00 12/30/2024
4.37%
8,000,312.50
8,000,218.89
100.64
4.17%
8,051,560.00
951.09
1.23%
51,341.11
Aa1/AA+
AA+
3.50 3.21
91282CNG2 UNITED STATES TREASURY 4.0
05/31/2030 7,000,000.00 06/02/2025
4.02%
6,993,710.94
6,995,066.73
99.32 4.19%
6,952,694.00
23,715.85
1.06%
(42,372.73)
Aa1/AA+
AA+
3.92 3.58
91282CPN5 UNITED STATES TREASURY 3.5
11/30/2030 12,000,000.00 12/04/2025
3.68%
11,902,968.75
11,914,051.95
97.20 4.20%
11,663,436.00
35,573.77
1.78%
(250,615.95)
Aa1/AA+
AA+
4.42 4.03
91282CPR6 UNITED STATES TREASURY 3.625
12/31/2030 7,500,000.00 01/27/2026
3.81%
7,437,597.66
7,442,942.47
97.64 4.21%
7,323,337.50
738.79
1.12%
(119,604.97)
Aa1/AA+
AA+
4.50 4.10
91282CPW5 UNITED STATES TREASURY 3.75
01/31/2031 6,000,000.00 02/03/2026
3.85%
5,973,984.38
5,976,083.34
98.11 4.21%
5,886,798.00
93,853.59
0.90%
(89,285.34)
Aa1/AA+
AA+
4.59 4.10
91282CQU8 UNITED STATES TREASURY 4.125
05/31/2031 6,000,000.00 06/02/2026
4.17%
5,987,343.75
5,987,538.14
99.63 4.21%
5,977,968.00
20,963.11
0.91%
(9,570.14)
Aa1/AA+
AA+
4.92 4.39
Total US Treasury 361,600,000.00 3.94%
357,490,750.97
359,265,186.29
99.02 4.10%
357,966,843.30
2,667,269.60
54.61%
(1,298,342.99)
1.99 1.85
Total Portfolio 659,050,124.60 4.12%
652,106,290.41
656,300,335.39
96.10 4.16%
655,473,044.74
5,825,236.24
100.00%
(827,290.66)
1.77 1.59
Total Market Value
+ Accrued 661,298,280.98
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Maturity Jun 2026 Mar 2026 Change Jun 2025 Jun 2024 Jun 2023 Jun 2022 3-Month 3.87% 3.70% 0.17% 3.72% 4.71% 4.87% 2.92%
1-Year 3.98% 3.68% 0.30%
2-Year 4.14% 3.79% 0.35%
3-Year 4.15% 3.81% 0.34% Jul-25 3.94 Jan-26 3.52
5-Year 4.19% 3.92% 0.27% Aug-25 3.59 Feb-26 3.38
10-Year 4.44% 4.30% 0.14% Sep-25 3.6 Mar-26 3.79
Oct-25 3.60 Apr-26 3.88
Nov-25 3.47 May-26 3.98
Dec-25 3.47 Jun-26 4.14
12 Month Average 3.70
Change20252026
June
May
April
572,452.81$
855,388.18$
542,666.14$
2,315,718.43$
Investment Report for the Quarter Ended June 30, 2026
City of Chula Vista
U.S. Treasury Yields and Interest Earnings
2-Year U.S. Treasury Yield - 12 Month Average
Total for Quarter 1,970,507.13$ 5,585,821.80$ 7,556,328.93$ U.S. Treasury Yields - Quarterly Comparison 2-Year U.S. Treasury Yield - Historical Data Interest Earnings - Quarter Ending 06/30/2025 & 06/30/2026 936,874.45$
2,333,228.92$
2,888,171.24$
1,792,262.63$
2,875,895.06$
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista|04/01/2026 Through 06/30/2026|
Buy
Settlement
Date CUSIP Quantity Security Description Acq/Disp Yield Book Value S&P Rating Security Type 04/08/2026 91282CNY3 8,000,000.00 UNITED STATES TREASURY 3.375 09/15/2028 3.8679 (7,909,062.50) AA+ US Treasury 04/08/2026 91282CJT9 4,200,000.00 UNITED STATES TREASURY 4.0 01/15/2027 3.7448 (4,207,875.00) AA+ US Treasury 04/16/2026 025816EJ4 5,000,000.00 AMERICAN EXPRESS CO 4.351 07/20/2029 4.2991 (5,005,250.00) A- Corporate 04/16/2026 912797SP3 3,000,000.00 UNITED STATES TREASURY 05/07/2026 3.6730 (2,993,673.75) A-1+ US Treasury 05/12/2026 95000U4D2 5,000,000.00 WELLS FARGO & CO 4.182 01/23/2030 4.4549 (4,961,500.00) BBB+ Corporate 05/14/2026 89236TPZ2 5,000,000.00 TOYOTA MOTOR CREDIT CORP 4.25 05/12/2028 4.2781 (4,997,350.00) A+ Corporate 05/18/2026 912828YB0 7,000,000.00 UNITED STATES TREASURY 1.625 08/15/2029 4.1409 (6,470,078.13) AA+ US Treasury 05/20/2026 91282CKA8 4,000,000.00 UNITED STATES TREASURY 4.125 02/15/2027 3.7996 (4,009,218.75) AA+ US Treasury 06/03/2026 91282CQU8 6,000,000.00 UNITED STATES TREASURY 4.125 05/31/2031 4.1722 (5,987,343.75) AA+ US Treasury 06/03/2026 91282CKE0 4,000,000.00 UNITED STATES TREASURY 4.25 03/15/2027 3.8140 (4,013,125.00) AA+ US Treasury 06/25/2026 912797TF4 12,000,000.00 UNITED STATES TREASURY 07/02/2026 3.5751 (11,991,778.03) A-1+ US Treasury 63,200,000.00
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista|04/01/2026 Through 06/30/2026|
Maturity
Settlement
Date CUSIP Quantity Security Description Acq/Disp Yield Book Value S&P Rating Security Type 04/01/2026 13063DMA3 (3,200,000.00) STATE OF CALIFORNIA 2.65 04/01/2026 3.2555 3,200,000.00 AA- Municipal Bonds 04/02/2026 912797SD0 (4,000,000.00) UNITED STATES TREASURY 04/02/2026 3.6864 4,000,000.00 A-1+ US Treasury 04/07/2026 912797TG2 (4,200,000.00) UNITED STATES TREASURY 04/07/2026 3.7118 4,200,000.00 A-1+ US Treasury 04/15/2026 87612EBE5 (3,751,000.00) TARGET CORP 2.5 04/15/2026 4.2580 3,751,000.00 A Corporate 04/15/2026 91282CGV7 (2,400,000.00) UNITED STATES TREASURY 3.75 04/15/2026 3.7687 2,400,000.00 AA+ US Treasury 05/07/2026 912797SP3 (3,000,000.00) UNITED STATES TREASURY 05/07/2026 3.6730 3,000,000.00 A-1+ US Treasury 05/08/2026 3133ERDZ1 (6,000,000.00) FEDERAL FARM CREDIT BANKS FUNDING CORP 4.75 05/08/2026 4.8530 6,000,000.00 AA+ Agency 05/11/2026 69371RR32 (3,000,000.00) PACCAR FINANCIAL CORP 1.1 05/11/2026 4.3930 3,000,000.00 A+ Corporate 05/15/2026 91282CHB0 (5,000,000.00) UNITED STATES TREASURY 3.625 05/15/2026 4.6929 5,000,000.00 AA+ US Treasury 05/19/2026 912797TS6 (4,000,000.00) UNITED STATES TREASURY 05/19/2026 3.6654 4,000,000.00 A-1+ US Treasury 06/02/2026 4581X0CU0 (3,000,000.00) INTER-AMERICAN DEVELOPMENT BANK 2.0 06/02/2026 3.0878 3,000,000.00 AAA Supranational 06/02/2026 912797TU1 (4,000,000.00) UNITED STATES TREASURY 06/02/2026 3.6796 4,000,000.00 A-1+ US Treasury 06/12/2026 3130AWGR5 (5,000,000.00) FEDERAL HOME LOAN BANKS 4.375 06/12/2026 4.4536 5,000,000.00 AA+ Agency 06/15/2026 91282CHH7 (5,000,000.00) UNITED STATES TREASURY 4.125 06/15/2026 4.6858 5,000,000.00 AA+ US Treasury (55,551,000.00)
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista Reporting Date: 6/30/2026
Portfolio Maturity Distribution 0 - 182 Days 183 - 365 Days 366 - 730 Days 731 - 1095 Days 1096 - 1460 Days 1461 - 1825 Days Issuer Original Par Maturity Date Days to Maturity Under 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Farm Credit System 3,000,000.00 7/27/2026 27 3,000,000.00$ -$ -$ -$ -$ -$ Farm Credit System 1,666,000.00 8/24/2026 55 1,666,000.00$ -$ -$ -$ -$ -$ Farm Credit System 6,000,000.00 9/1/2026 63 6,000,000.00$ -$ -$ -$ -$ -$ Federal Home Loan Banks 5,250,000.00 9/11/2026 73 5,250,000.00$ -$ -$ -$ -$ -$ Farm Credit System 1,000,000.00 9/28/2026 90 1,000,000.00$ -$ -$ -$ -$ -$ Federal Home Loan Banks 3,750,000.00 10/21/2026 113 3,750,000.00$ -$ -$ -$ -$ -$ Federal Home Loan Banks 2,600,000.00 11/23/2026 146 2,600,000.00$ -$ -$ -$ -$ -$ Federal Home Loan Banks 1,650,000.00 12/11/2026 164 1,650,000.00$ -$ -$ -$ -$ -$ Federal Home Loan Banks 6,500,000.00 1/15/2027 199 -$ 6,500,000.00$ -$ -$ -$ -$ Farm Credit System 7,000,000.00 3/26/2027 269 -$ 7,000,000.00$ -$ -$ -$ -$ Farm Credit System 5,500,000.00 5/6/2027 310 -$ 5,500,000.00$ -$ -$ -$ -$ Farm Credit System 3,500,000.00 9/15/2027 442 -$ -$ 3,500,000.00$ -$ -$ -$ Farm Credit System 3,500,000.00 10/27/2027 484 -$ -$ 3,500,000.00$ -$ -$ -$ Farm Credit System 6,000,000.00 6/7/2028 708 -$ -$ 6,000,000.00$ -$ -$ -$ Farm Credit System 5,250,000.00 8/28/2028 790 -$ -$ -$ 5,250,000.00$ -$ -$ Farm Credit System 6,400,000.00 11/13/2028 867 -$ -$ -$ 6,400,000.00$ -$ -$ Farm Credit System 5,000,000.00 4/10/2029 1015 -$ -$ -$ 5,000,000.00$ -$ -$ Agency 24,916,000.00$ 19,000,000.00$ 13,000,000.00$ 16,650,000.00$ -$ -$ Commercial Paper -$ -$ -$ -$ -$ -$ Walmart Inc. 1,900,000.00 7/8/2026 8 1,900,000.00$ -$ -$ -$ -$ -$ Cisco Systems, Inc. 1,150,000.00 9/20/2026 82 1,150,000.00$ -$ -$ -$ -$ -$ NIKE, Inc. 1,035,000.00 11/1/2026 124 1,035,000.00$ -$ -$ -$ -$ -$ Honeywell International Inc. 1,185,000.00 11/1/2026 124 1,185,000.00$ -$ -$ -$ -$ -$ Illinois Tool Works Inc. 1,421,000.00 11/15/2026 138 1,421,000.00$ -$ -$ -$ -$ -$ Abbott Laboratories 1,000,000.00 11/30/2026 153 1,000,000.00$ -$ -$ -$ -$ -$ Duke Energy Corporation 7,500,000.00 12/1/2026 154 7,500,000.00$ -$ -$ -$ -$ -$ Royal Bank of Canada 6,500,000.00 1/19/2027 203 -$ 6,500,000.00$ -$ -$ -$ -$ Morgan Stanley 2,500,000.00 1/20/2027 204 -$ 2,500,000.00$ -$ -$ -$ -$ Bank of America Corporation 4,000,000.00 3/2/2027 245 -$ 4,000,000.00$ -$ -$ -$ -$ The Charles Schwab Corporation 2,205,000.00 3/3/2027 246 -$ 2,205,000.00$ -$ -$ -$ -$ PepsiCo, Inc. 1,935,000.00 3/19/2027 262 -$ 1,935,000.00$ -$ -$ -$ -$ Costco Wholesale Corporation 3,200,000.00 5/18/2027 322 -$ 3,200,000.00$ -$ -$ -$ -$ Merck & Co., Inc. 3,200,000.00 6/10/2027 345 -$ 3,200,000.00$ -$ -$ -$ -$ The Home Depot, Inc. 7,500,000.00 6/25/2027 360 -$ 7,500,000.00$ -$ -$ -$ -$ National Rural Utilities Cooperative 7,500,000.00 9/16/2027 443 -$ -$ 7,500,000.00$ -$ -$ -$ State Street Corporation 7,500,000.00 10/22/2027 479 -$ -$ 7,500,000.00$ -$ -$ -$ JPMorgan Chase & Co. 6,000,000.00 4/22/2028 662 -$ -$ 6,000,000.00$ -$ -$ -$ Toyota Motor Corporation 5,000,000.00 5/12/2028 682 -$ -$ 5,000,000.00$ -$ -$ -$ U.S. Bancorp 6,500,000.00 5/15/2028 685 -$ -$ 6,500,000.00$ -$ -$ -$ BNY Mellon Corp 5,000,000.00 6/9/2028 710 -$ -$ 5,000,000.00$ -$ -$ -$ Eli Lilly and Company 5,000,000.00 10/15/2028 838 -$ -$ -$ 5,000,000.00$ -$ -$ Morgan Stanley 6,500,000.00 1/12/2029 927 -$ -$ -$ 6,500,000.00$ -$ -$ Deere & Company 6,250,000.00 1/16/2029 931 -$ -$ -$ 6,250,000.00$ -$ -$ Prologis, Inc. 5,000,000.00 2/1/2029 947 -$ -$ -$ 5,000,000.00$ -$ -$ Caterpillar Inc. 7,000,000.00 2/27/2029 973 -$ -$ -$ 7,000,000.00$ -$ -$ BlackRock, Inc. 6,800,000.00 3/14/2029 988 -$ -$ -$ 6,800,000.00$ -$ -$
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista Reporting Date: 6/30/2026
Portfolio Maturity Distribution 0 - 182 Days 183 - 365 Days 366 - 730 Days 731 - 1095 Days 1096 - 1460 Days 1461 - 1825 Days Issuer Original Par Maturity Date Days to Maturity Under 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years The Toronto-Dominion Bank 6,800,000.00 4/5/2029 1010 -$ -$ -$ 6,800,000.00$ -$ -$ Met Tower Global Funding 7,000,000.00 4/12/2029 1017 -$ -$ -$ 7,000,000.00$ -$ -$ American Express Company 5,000,000.00 7/20/2029 1116 -$ -$ -$ -$ 5,000,000.00$ -$ UnitedHealth Group Incorporated 7,500,000.00 1/15/2030 1295 -$ -$ -$ -$ 7,500,000.00$ -$ Wells Fargo & Company 5,000,000.00 1/23/2030 1303 -$ -$ -$ -$ 5,000,000.00$ -$ Amazon.com, Inc. 5,000,000.00 3/13/2031 1717 -$ -$ -$ -$ -$ 5,000,000.00$ Corporate 15,191,000.00$ 31,040,000.00$ 37,500,000.00$ 50,350,000.00$ 17,500,000.00$ 5,000,000.00$ Sequoia Union High School District 2,050,000.00 7/1/2026 1 2,050,000.00$ -$ -$ -$ -$ -$ Huntington Beach Union High School D 3,510,000.00 8/1/2026 32 3,510,000.00$ -$ -$ -$ -$ -$ City of Los Angeles 1,085,000.00 9/1/2026 63 1,085,000.00$ -$ -$ -$ -$ -$ State of Connecticut 3,000,000.00 9/15/2026 77 3,000,000.00$ -$ -$ -$ -$ -$ University of California 1,340,000.00 5/15/2027 319 -$ 1,340,000.00$ -$ -$ -$ -$ City of Riverside, California 1,500,000.00 6/1/2027 336 -$ 1,500,000.00$ -$ -$ -$ -$ Sequoia Union High School District 2,150,000.00 7/1/2027 366 -$ -$ 2,150,000.00$ -$ -$ -$ Saddleback Valley Unified School Dis 1,805,000.00 8/1/2027 397 -$ -$ 1,805,000.00$ -$ -$ -$ San Diego Community College District 1,300,000.00 8/1/2027 397 -$ -$ 1,300,000.00$ -$ -$ -$ Mountain View Whisman School Distric 970,000.00 9/1/2027 428 -$ -$ 970,000.00$ -$ -$ -$ State of California 6,000,000.00 8/1/2029 1128 -$ -$ -$ -$ 6,000,000.00$ -$ Municipal Bonds 9,645,000.00$ 2,840,000.00$ 6,225,000.00$ -$ 6,000,000.00$ -$ Alliant Credit Union 249,000.00 12/30/2027 548 -$ -$ 249,000.00$ -$ -$ -$ Negotiable CD -$ -$ 249,000.00$ -$ -$ -$ International Finance Corporation 4,000,000.00 10/8/2026 100 4,000,000.00$ -$ -$ -$ -$ -$ Inter-American Development Bank 6,000,000.00 2/1/2027 216 -$ 6,000,000.00$ -$ -$ -$ -$ International Bank for Recon and Dev 5,000,000.00 8/1/2028 763 -$ -$ -$ 5,000,000.00$ -$ -$ International Bank for Recon and Dev 5,000,000.00 3/20/2030 1359 -$ -$ -$ -$ 5,000,000.00$ -$ Supranational 4,000,000.00$ 6,000,000.00$ -$ 5,000,000.00$ 5,000,000.00$ -$ United States 12,000,000.00 7/2/2026 2 12,000,000.00$ -$ -$ -$ -$ -$ United States 4,000,000.00 7/9/2026 9 4,000,000.00$ -$ -$ -$ -$ -$ United States 4,000,000.00 8/6/2026 37 4,000,000.00$ -$ -$ -$ -$ -$ United States 3,500,000.00 8/15/2026 46 3,500,000.00$ -$ -$ -$ -$ -$ United States 4,000,000.00 9/15/2026 77 4,000,000.00$ -$ -$ -$ -$ -$ United States 4,000,000.00 10/15/2026 107 4,000,000.00$ -$ -$ -$ -$ -$ United States 5,800,000.00 11/15/2026 138 5,800,000.00$ -$ -$ -$ -$ -$ United States 5,000,000.00 11/15/2026 138 5,000,000.00$ -$ -$ -$ -$ -$ United States 5,000,000.00 12/15/2026 168 5,000,000.00$ -$ -$ -$ -$ -$ United States 6,500,000.00 12/15/2026 168 6,500,000.00$ -$ -$ -$ -$ -$ United States 4,200,000.00 1/15/2027 199 -$ 4,200,000.00$ -$ -$ -$ -$ United States 4,000,000.00 2/15/2027 230 -$ 4,000,000.00$ -$ -$ -$ -$ United States 3,200,000.00 2/15/2027 230 -$ 3,200,000.00$ -$ -$ -$ -$ United States 4,000,000.00 3/15/2027 258 -$ 4,000,000.00$ -$ -$ -$ -$ United States 8,000,000.00 3/31/2027 274 -$ 8,000,000.00$ -$ -$ -$ -$ United States 9,000,000.00 4/15/2027 289 -$ 9,000,000.00$ -$ -$ -$ -$ United States 5,000,000.00 4/30/2027 304 -$ 5,000,000.00$ -$ -$ -$ -$ United States 5,500,000.00 4/30/2027 304 -$ 5,500,000.00$ -$ -$ -$ -$ United States 6,000,000.00 7/15/2027 380 -$ -$ 6,000,000.00$ -$ -$ -$ United States 8,000,000.00 7/31/2027 396 -$ -$ 8,000,000.00$ -$ -$ -$
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista Reporting Date: 6/30/2026
Portfolio Maturity Distribution 0 - 182 Days 183 - 365 Days 366 - 730 Days 731 - 1095 Days 1096 - 1460 Days 1461 - 1825 Days Issuer Original Par Maturity Date Days to Maturity Under 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years United States 8,000,000.00 8/15/2027 411 -$ -$ 8,000,000.00$ -$ -$ -$ United States 10,000,000.00 9/30/2027 457 -$ -$ 10,000,000.00$ -$ -$ -$ United States 10,000,000.00 10/15/2027 472 -$ -$ 10,000,000.00$ -$ -$ -$ United States 6,000,000.00 11/30/2027 518 -$ -$ 6,000,000.00$ -$ -$ -$ United States 6,000,000.00 12/31/2027 549 -$ -$ 6,000,000.00$ -$ -$ -$ United States 6,000,000.00 1/31/2028 580 -$ -$ 6,000,000.00$ -$ -$ -$ United States 6,400,000.00 2/15/2028 595 -$ -$ 6,400,000.00$ -$ -$ -$ United States 6,000,000.00 3/15/2028 624 -$ -$ 6,000,000.00$ -$ -$ -$ United States 6,500,000.00 3/31/2028 640 -$ -$ 6,500,000.00$ -$ -$ -$ United States 8,000,000.00 4/15/2028 655 -$ -$ 8,000,000.00$ -$ -$ -$ United States 6,500,000.00 5/15/2028 685 -$ -$ 6,500,000.00$ -$ -$ -$ United States 8,000,000.00 7/31/2028 762 -$ -$ -$ 8,000,000.00$ -$ -$ United States 6,000,000.00 8/15/2028 777 -$ -$ -$ 6,000,000.00$ -$ -$ United States 8,000,000.00 9/15/2028 808 -$ -$ -$ 8,000,000.00$ -$ -$ United States 6,000,000.00 9/30/2028 823 -$ -$ -$ 6,000,000.00$ -$ -$ United States 6,500,000.00 10/31/2028 854 -$ -$ -$ 6,500,000.00$ -$ -$ United States 8,000,000.00 11/15/2028 869 -$ -$ -$ 8,000,000.00$ -$ -$ United States 3,000,000.00 12/15/2028 899 -$ -$ -$ 3,000,000.00$ -$ -$ United States 5,000,000.00 12/31/2028 915 -$ -$ -$ 5,000,000.00$ -$ -$ United States 5,000,000.00 1/15/2029 930 -$ -$ -$ 5,000,000.00$ -$ -$ United States 7,000,000.00 3/31/2029 1005 -$ -$ -$ 7,000,000.00$ -$ -$ United States 8,000,000.00 5/15/2029 1050 -$ -$ -$ 8,000,000.00$ -$ -$ United States 7,000,000.00 5/31/2029 1066 -$ -$ -$ 7,000,000.00$ -$ -$ United States 7,500,000.00 6/30/2029 1096 -$ -$ -$ -$ 7,500,000.00$ -$ United States 9,000,000.00 7/31/2029 1127 -$ -$ -$ -$ 9,000,000.00$ -$ United States 7,000,000.00 8/15/2029 1142 -$ -$ -$ -$ 7,000,000.00$ -$ United States 7,500,000.00 9/30/2029 1188 -$ -$ -$ -$ 7,500,000.00$ -$ United States 9,500,000.00 10/31/2029 1219 -$ -$ -$ -$ 9,500,000.00$ -$ United States 7,000,000.00 11/30/2029 1249 -$ -$ -$ -$ 7,000,000.00$ -$ United States 8,000,000.00 12/31/2029 1280 -$ -$ -$ -$ 8,000,000.00$ -$ United States 7,000,000.00 5/31/2030 1431 -$ -$ -$ -$ 7,000,000.00$ -$ United States 12,000,000.00 11/30/2030 1614 -$ -$ -$ -$ -$ 12,000,000.00$ United States 7,500,000.00 12/31/2030 1645 -$ -$ -$ -$ -$ 7,500,000.00$ United States 6,000,000.00 1/31/2031 1676 -$ -$ -$ -$ -$ 6,000,000.00$ United States 6,000,000.00 5/31/2031 1796 -$ -$ -$ -$ -$ 6,000,000.00$ US Treasury 53,800,000.00$ 42,900,000.00$ 93,400,000.00$ 77,500,000.00$ 62,500,000.00$ 31,500,000.00$ Neighborhood National Bank 4,319,913.82 8/13/2026 44 4,319,913.82$ -$ -$ -$ -$ -$ Placement Service Deposits
Total Maturity 107,552,000.00$ 101,780,000.00$ 150,374,000.00$ 149,500,000.00$ 91,000,000.00$ 36,500,000.00$ 636,706,000.00$
1.84 Weighted Average Maturity (in years)
4.14% Weighted Yield to Maturity
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda City of Chula Vista
Corporate Bonds - Sector Distribution
Issuer Maturity Date CUSIP Purchase YTM Original Par GICS Sector Walmart Inc. 7/8/2026 931142EM1 4.09 1,900,000.00 Consumer Discretionary Cisco Systems, Inc. 9/20/2026 17275RBL5 4.04 1,150,000.00 Information Technology NIKE, Inc. 11/1/2026 654106AF0 3.13 1,035,000.00 Consumer Discretionary Honeywell International Inc. 11/1/2026 438516BL9 3.02 1,185,000.00 Industrials Illinois Tool Works Inc. 11/15/2026 452308AX7 4.82 1,421,000.00 Industrials Abbott Laboratories 11/30/2026 002824BF6 4.69 1,000,000.00 Health Care Duke Energy Corporation 12/1/2026 26442CAS3 4.29 7,500,000.00 Energy Royal Bank of Canada 1/19/2027 78016HZT0 4.75 6,500,000.00 Financials Morgan Stanley 1/20/2027 61746BEF9 5.62 2,500,000.00 Financials Bank of America Corporation 3/2/2027 06048WS84 2.75 4,000,000.00 Financials The Charles Schwab Corporation 3/3/2027 808513BY0 3.34 2,205,000.00 Financials PepsiCo, Inc. 3/19/2027 713448ER5 3.14 1,935,000.00 Consumer Staples Costco Wholesale Corporation 5/18/2027 22160KAM7 4.29 3,200,000.00 Consumer Discretionary Merck & Co., Inc. 6/10/2027 58933YBC8 3.16 3,200,000.00 Health Care The Home Depot, Inc. 6/25/2027 437076DB5 4.76 7,500,000.00 Consumer Discretionary National Rural Utilities Cooperative 9/16/2027 63743HFT4 4.04 7,500,000.00 Utilities State Street Corporation 10/22/2027 857477CP6 4.53 7,500,000.00 Financials JPMorgan Chase & Co. 4/22/2028 46647PEE2 5.19 6,000,000.00 Financials Toyota Motor Corporation 5/12/2028 89236TPZ2 4.28 5,000,000.00 Consumer Discretionary U.S. Bancorp 5/15/2028 90331HPS6 4.85 6,500,000.00 Financials BNY Mellon Corp 6/9/2028 06406RCH8 4.41 5,000,000.00 Financials Eli Lilly and Company 10/15/2028 532457DB1 3.82 5,000,000.00 Health Care Morgan Stanley 1/12/2029 61690DK72 4.89 6,500,000.00 Financials Deere & Company 1/16/2029 24422EXH7 4.56 6,250,000.00 Industrials Prologis, Inc. 2/1/2029 74340XBL4 4.06 5,000,000.00 Real Estate Caterpillar Inc. 2/27/2029 14913UAJ9 4.77 7,000,000.00 Financials BlackRock, Inc. 3/14/2029 09290DAA9 4.56 6,800,000.00 Financials The Toronto-Dominion Bank 4/5/2029 89115A2Y7 4.98 6,800,000.00 Financials Met Tower Global Funding 4/12/2029 58989V2H6 5.49 7,000,000.00 Financials American Express Company 7/20/2029 025816EJ4 4.30 5,000,000.00 Financials UnitedHealth Group Incorporated 1/15/2030 91324PFG2 4.74 7,500,000.00 Health Care Wells Fargo & Company 1/23/2030 95000U4D2 4.45 5,000,000.00 Consumer Discretionary Amazon.com, Inc. 3/13/2031 023135DD5 4.35 5,000,000.00 Financials 156,581,000.00
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda GICS Sector Amount Percent
Communication Services - 0.00% Consumer Discretionary 23,635,000.00 15.09%
Consumer Staples 1,935,000.00 1.24%
Energy 7,500,000.00 4.79%
Financials 84,305,000.00 53.84%
Health Care 16,700,000.00 10.67%
Industrials 8,856,000.00 5.66%
Information Technology 1,150,000.00 0.73%
Materials - 0.00%
Real Estate 5,000,000.00 3.19%
Utilities 7,500,000.00 4.79%
Total 156,581,000.00 100.00%
Consumer Discretionary
15%
Consumer Staples
1%
Energy
5%
Financials
54%
Health Care
11%
Industrials
5%
Information Technology
1%
Real Estate
3%
Utilities
5%
CORPORATE BONDS - SECTOR DISTRIBUTION
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Glossary
AGENCIES: Federal agency securities.
ASSET BACKED SECURITIES: Securities supported by pools of installment loans or leases or by pools of revolving lines of credit.ASKED: The price at which securities are offered. (The price at which a firm will sell a security to an investor.)
BANKERS’ ACCEPTANCE (BA):A draft or bill or exchange accepted by a bank or trust company.
The accepting institution guarantees payment of the bill, as well as the issuer. The drafts are drawn on a bank by an exporter or importer to obtain funds to pay for specific merchandise. An acceptance is a high-grade negotiable instrument.
BASIS POINT: One one-hundredth of a percent (i.e., 0.01 %).
BID: The price offered by a buyer of securities. (When you are selling securities, you ask for a bid.) BROKER: A broker brings buyers and sellers together for a commission. He does not take a position.
CALLABLE: A callable security gives the issuer the option to call it from the investor prior to its maturity. The main cause of a call is a decline in interest rates. If interest rates decline, the issuer will likely call its current securities and reissue them at a lower rate of interest.
CERTIFICATE OF DEPOSIT (CD): A time deposit with a specific maturity evidenced by a certificate. Large-denomination CD’s are typically negotiable.
COLLATERAL: Securities, evidence of deposit or other property, which a borrower pledges to secure repayment of a loan. Also refers to securities pledged by a bank to secure deposits of public monies.
COLLATERALIZED MORTGAGE OBLIGATIONS (CMO): Classes of bonds that redistribute the cash flows of mortgage securities (and whole loans) to create securities that have different levels of prepayment risk, as compared to the underlying mortgage securities.
COMMERCIAL PAPER: Short term unsecured promissory note issued by a corporation to raise working capital. These negotiable instruments are purchased at a discount to par value or at par value with interest bearing. Commercial paper is issued by corporations such as General Motors Acceptance Corporation, IBM, Bank of America, etc.
DEALER: A dealer, as opposed to a broker, acts as a principal in all transactions, buying and selling for his own account.
DELIVERY VERSUS PAYMENT: There are two methods of delivery of securities: delivery versus payment and delivery versus receipt. Delivery versus payment is delivery of securities with an exchange of money for the securities. Delivery versus receipt is delivery of securities with an exchange of a signed receipt for the securities.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda DIVERSIFICATION: Dividing investment funds among a variety of securities offering independent returns.
FEDERAL AGENCIES: Agencies of the Federal government set up to supply credit to various classes of institutions (e.g., S&L’s, small business firms, students, farmers, farm cooperatives, and exporters).
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC):A Federal agency that insures bank deposits, currently up to $250,000 per deposit.
FEDERAL RESERVE SYSTEM: The central bank of the United States created by Congress and consisting of a seven-member Board of Governors in Washington, D.C.; 12 regional banks and about 5,700 commercial banks are members of the system.
FIDUCIARY: A person or organization that acts on behalf of another person(s) or organization that puts their clients’ interest ahead of their own as they are bound both legally and ethically to act in the other’s best interests.
LIQUIDITY: A liquid asset is one that can be converted easily and rapidly into cash without a substantial loss of value. In the money market, a security is said to be liquid if the spread between bid and asked prices is narrow and reasonable size can be done at those quotes.
LOCAL AGENCY INVESTMENT FUND (LAIF) : The aggregate of all funds from political subdivisions that are placed in the custody of the State Treasurer for investment and reinvestment.
LOCAL GOVERNMENT INVESTMENT POOL (LGIP): An investment pool offered by a state or local agency to public entities for the investment of public funds.
MARKET VALUE: The price at which a security is trading and could presumable be purchased or sold.
MATURITY: The date upon which the principal or stated value of an investment becomes due and payable. The investment’s term or remaining maturity is measured from the settlement date to final maturity.
MORTGAGE PASS-THROUGH SECURITIES: A securitized participation in the interest and principal cash flows from a specified pool of mortgages. Principal and interest payments made on the mortgages are passed through to the holder of the security.
NATIONALLY RECOGNIZED STATISTICAL RATING ORGANIZATIONS (NRSROs) :
Credit rating agencies that issue credit ratings that the Securities and Exchange Commission (SEC) permits other financial firms to use for certain regulatory purposes.
NEGOTIABLE CERTIFICATES OF DEPOSIT: Unsecured obligations of the financial institution, bank or savings and loan, bought at par value with the promise to pay face value plus accrued interest at maturity. They are high-grade negotiable instruments, paying a higher interest rate than regular certificates of deposit.
OFFER: The price asked by a seller of securities. (When you are buying securities, you ask for an offer).
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda PORTFOLIO: Collection of securities held by an investor.
PRIMARY DEALER: A group of government securities dealers who submit daily reports of market activity and positions and monthly financial statements to the Federal Reserve Bank of New York and are subject to its informal oversight. Primary dealers include Securities and Exchange Commission (SEC)-registered securities broker/dealers, banks and a few unregulated firms.
PRUDENT INVESTOR STANDARD: An investment standard. In some states, the law requires that a fiduciary, such as a trustee, may invest money only in a list of securities selected by the custody state- the so-called “legal list”. In other states, the trustee may invest in a security if it is one that would be bought by a prudent person of discretion and intelligence who is seeking a reasonable income and preservation of capital.
RATE OF RETURN: The yield obtainable on a security based on its purchase price or its current market price.
SAFEKEEPING: A service to customers rendered by banks for a fee whereby securities and valuables of all types and descriptions are held in the bank’s vaults for protection.
SECONDARY MARKET: A market made for the purchase and sale of outstanding issues following the initial distribution.
SECURITIES & EXCHANGE COMMISSION (SEC): Agency created by Congress to protect investors in securities transactions by administering securities legislation.
SEC RULE 15C3-1: See “Uniform Net Capital Rule”.
TREASURY BILLS: A non-interest bearing discount security issued by the U.S. Treasury to finance the national debt. Most bills are issued to mature in three months, six months, or one year.
TREASURY BOND: Long-term U.S. Treasury securities having initial maturities of more than 10 years.
TREASURY NOTES: Intermediate-term coupon bearing U.S. Treasury having initial maturities of one year to ten years.
UNIFORM NET CAPITAL RULE: Securities and Exchange Commission requirement that member firms as well as nonmember broker/dealers in securities maintain a maximum ratio of indebtedness to liquid capital of 15 to 1; also called net capital rule and net capital ratio. Indebtedness covers all money owed to a firm, including margin loans and commitments to purchase securities, one reason new public issues are spread among members of underwriting syndicates. Liquid capital includes cash and assets easily converted into cash.
YIELD: The rate of annual income return on an investment, expressed as a percentage. (a) Income Yield is obtained by dividing the current dollar income by the current market price for the security. (b) Net Yield or Yield to Maturity is the current income yield minus any premium above par or plus any discount from par in purchase price, with the adjustment spread over the period from the date of purchase to the date of maturity of the bond.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
P a g e | 1
August 11, 2026
ITEM TITLE
Authorize Housing Funding and Appropriations: Authorize Housing Successor Agency Funding Allocations for Fiscal Year 2026-27 and Appropriate Funds
Report Number: 26-0255
Location: 205 27th Street
Department: Housing and Homeless Services
G.C. § 84308 Regulations Apply: No
Environmental Notice : The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act (CEQA) Guidelines. Therefore, pursuant to CEQA Guidelines Section 15060(c)(3), no environmental review is required.
Recommended Action
Approve a resolution of the Chula Vista Housing Authority authorizing and appropriating $800,000 from the Low and Moderate Income Housing Asset Fund for administration costs and homeless prevention services. (4/5 Vote Required)
SUMMARY
The Chula Vista Housing Authority, acting in its capacity as the Housing Successor (as defined in California Health and Safety Code Section 34176) to the Redevelopment Agency of the City of Chula Vista (“City”), administers the Low and Moderate Income Housing Asset Fund (“Housing Fund”). Staff recommends appropriating Housing Fund monies totaling $300,000 for administration and $5 00,000 for homelessness prevention services.
ENVIRONMENTAL REVIEW
The Director of Development Services has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and has determined that the activity is not a “Pro ject” as defined under Section 15378 of the CEQA Guidelines because it will not result in a physical change in the environment.
Therefore, pursuant to Section 15060(c)(3) of the CEQA Guidelines, the activity is not subject to CEQA.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda P a g e | 2
BOARD/COMMISSION/COMMITTEE RECOMMENDATION
The Housing and Homeless Advisory Commission will be notified of these needed allocations for fiscal year 2026-27 at their next meeting.
DISCUSSION
Background
The Redevelopment Agency of the City, along with all redevelopment agencies statewide, was dissolved by the State legislature in 2012. At the time of dissolution, the remaining assets and liabiliti es of the former redevelopment agency were required to be assumed by a Housing Successor, as defined in California Health and Safety Code (HSC) Section 34176.
Pursuant to H SC Section 34176(b)(2), the Chula Vista Housing Authority was designated as the Housing Successor. All rights, powers, committed assets, liabilities, duties, and obligations associated with the affordable housing activities of the agency were transferred t o the Housing Authority, who acting as the Housing Successor, transferred these assets to the Housing Fund. As of June 30, 202 5, the unencumbered balance of the Housing Fund was $15.1 million.
Under HSC Section 34176.1, Housing Funds may be spent on:
1. Administrative costs for the operation of the housing successor, at the greater of : (a) $200,000 per year, adjusted for inflation ($ 270,700 for fiscal year 2024-25); o r (b) Five percent ( 5%) of the statutory value of real property owned by the Housing Successor and the value of loans and grants receivable ($1,321,640 for fiscal year 2024-25);
2. Homeless prevention and rapid rehousing services up to $ 500,000 per year (as of January 1, 2025 , Assembly Bill 1782 increased the limit from $250,000); and
3. Affordable housing development assisting households with up to 80 percent of the Area Median Income (AMI), subject to specific income and age targets over a five-year period.
State law also limits the amount of uncommitted funds a housing successor may retain. Funds that exceed this amount are known as the “Excess Surplus,” calculated based on the greater of the following:
$1,000,000; or
The total amount of deposits made into the Housing Fund over the preceding four (4) years.
Once an excess surplus is determined, the Housing Successor must account for these funds separately and commit said monies within three (3) years. Excess Surplus funds may be claimed by the California Department of Housing and Community Development (HCD) if not committed within a timely manner.
Entering fiscal year 2026-27, the Housing Fund had encumbered all required Excess Surplus and this year’s balance of $2,780,892 must be encumbered by Fiscal Year 2027-28.
Administration ($300,000)
Pursuant to HSC Section 34176.1(a)(1), the City reported an available administrative cost limit [HSC Section 34176.1(a)(1)] of $1,321,640 for fiscal year 2024-25. Because eligible administrative costs are primarily limited to compliance and monitoring-related activities, staff is proposing to commit $300,000 in fiscal year
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda P a g e | 3
26-27 Housing Funds for administration of Housing Successor activities. This allocation incl udes the extension of existing contracts with RSG, Inc., which performs inspections and compliance reviews of Housing Authority assets, and Housing Compliance Services, which maintains a portal for compliance reporting.
Homeless Prevention Services ($500,000)
As of January 1, 2025, Assembly Bill 1762 increased the limit up to $500,000 in Housing Fund monies which may be used for Homeless Prevention Services per year if the former redevelopment agency did not have any outstanding inclusionary housing or repl acement housing production requirements as of 2012 [HSC Section 34176.1(a)(2)]. The City is eligible for this expense because it did not have any outstanding inclusionary or replacement housing requirements upon dissolution and intends to commit $500,000 towards the Homeless Prevention Program in fiscal year 2026-27 Housing Funds, towards the operations of the Chula Vista Village at Otay.
DECISION-MAKER CONFLICT
Staff has reviewed the property holdings of the City Council members and has found no property h oldings within 1,000 feet of the boundaries of the property which is the subject of this action. Consequently, this item does not present a disqualifying real property-related financial conflict of interest under California Code of Regulations Title 2, section 18702.0(a)(7) or (8), for purposes of the Political Reform Act (Cal. Gov’t Code § 87100, et seq.).
Staff is not independently aware and has not been informed by any City Council member of any other fact that may constitute a basis for a decision-maker conflict of interest in this matter.
CURRENT-YEAR FISCAL IMPACT
There is no current-year fiscal impact to the City's General Fund as all costs associated with the program are covered by Housing Funds. This action will allocate surplus funds from the Housing Fund in the amount of $300,000 for administration in the Supplies and Services category and $500,000 for Homelessness Prevention Services/Shelter Operations program in the Other Expenses category of the Housing Fund.
ONGOING FISCAL IMPACT
There is no ongoing fiscal impact associated with this resolution.
ATTACHMENTS
None.
Staff Contact: Stacey Kurz, Director of Housing and Homeless Services
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
Form Rev 3/6/2023
RESOLUTION NO. __________
RESOLUTION OF THE CHULA VISTA HOUSING
AUTHORITY ACTING IN ITS CAPACITY AS THE HOUSING
SUCCESSOR TO THE REDEVELOPMENT AGENCY OF THE
CITY OF CHULA VISTA AUTHORIZING THE USE OF FISCAL
YEAR 2026-27 LOW AND MODERATE INCOME HOUSING
ASSET FUNDS FOR ADMINISTRATIVE COSTS AND THE
IMPLEMENTATION OF HOMELESSNESS PREVENTION
PROGRAMS; AND APPROPRIATING FUNDS THEREFOR
WHEREAS, the Chula Vista Housing Authority, acting in its capacity as the Housing Successor (as defined in California Health and Safety Code (HSC) Section 34176 ) to the Redevelopment Agency of the City of Chula Vista, is authorized to appropriate funds from the Low and Moderate Housing Asset Fund (“Housing Fund”) for eligible expenditures; and
WHEREAS, HSC Se ction 34176.1(a)(1) allows a portion of Housing Fund dollars to be spent on administrative costs associated with the implementation of eligible Housing Fund programs and on monitoring and preserving the affordability of existing affordable housing, in accordance with an administrative cost limit determined by a set formula; and
WHEREAS, the Housing Successor has identified $300,000 in such eligible administrative costs for fiscal year 2026-27 that it desires to pay from the Housing Fund; and
WHEREAS, HSC Section 34176.1(a)(2) allows a portion of Housing Funds to be spent on homeless prevention services , and the Housing Successor desires to spend $ 500,000 towards shelter operations at the Chula Vista Village at Otay as a form of homeless prevention; and
WHEREAS, HSC Section 34176.1(a)(3) requires budgeted funds not appropriated for administrative costs or homeless prevention services to be dedicated to the production of affordable housing, and HSC Section 34176.1(d) requires any Housing Fund dollars that exceed a threshold amount as defined by a set formula (“Excess Surplus”) to be encumbered within a certain time frame; and
WHEREAS, the Housing Successor has not identified Excess Surplus funds that must be encumbered in fiscal year 2026-27.
NOW, THEREFORE, BE IT RESOLVED by the Chula Vista Housing Authority, that it amends the fiscal year 2026-27 Housing Fund budget by appropriating $300,000 to the Supplies and Services category and $500,000 to the Other Expenses category of the Housing Fund.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Resolution No.
Presented by Approved as to form by
Stacey Kurz Marco A. Verdugo
Director of Housing and Homeless Services Legal Counsel
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Written Communications – PC
Shelton – Received 8/7/2026
Dear City Clerk,
Please accept the following e-comment for the August 11, 2026, Chula Vista City Council meeting under General Public Comment.
Mayor McCann and Members of the City Council,
I respectfully urge the City Council to continue strengthening transparency and public accountability regarding the City’s use of artificial intelligence (AI), automated license plate reader (ALPR), and other advanced surveillance technologies.
Over the past several months, I have submitted numerous California Public Records Act requests seeking records concerning surveillance technologies used by the City. These requests have highlighted the importance of proactive transparency whenever government agencies deploy technologies capable of collecting, analyzing, or sharing information about members of the public.
Communities across the country are actively reviewing AI-enabled surveillance systems as the technology rapidly evolves. Public confidence depends not only on whether these systems are effective, but also on whether they are subject to meaningful oversight, clear policies, and transparent governance.
Chula Vista has taken an important step by establishing the Privacy Protections and Technology Advisory Commission. I encourage the City Council to continue building on that commitment by directing staff and the Commission to review and recommend additional transparency measures, including:
• Publishing a public inventory of surveillance technologies used by the City. • Issuing annual transparency and audit reports.
• Publishing data retention and deletion policies.
• Providing information regarding interagency data-sharing agreements. • Conducting and publishing privacy impact assessments for new AI-enabled technologies whenever appropriate.
• Providing public notice when significant surveillance capabilities or policies change.
Transparency promotes public trust while allowing the City to continue pursuing legitimate public safety objectives. I appreciate the Council’s commitment to responsible technology governance and open government.
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Written Communications – PC
Shelton – Received 8/7/2026
Thank you for your consideration.
Respectfully,
Jeff Shelton
Chula Vista Resident
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Micheal Inzunza, DID you mention to Jeff Betterbuger
your suspension, leave, and non-rehire after the racist incident involving a Black child?
Link is below for Jefff and the public read and learn about You • What is your teaching history?
Have you ever taught an
accredited class?
• Below is a copy of you
accreditation
• Or are you lying again, as when
you claimed to be a military
family member? YOU ARE NOT !
• Did you get parental
authorization to publish the
children’s photos?
Written Communications - PC
Acosta - Received 08/07/2026
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Written Communications - PC
Acosta - Received 08/07/2026
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda • After Micheal Inzunza
• racist incident against A little Black Kid at
Mater Dei Catholic High School in Chula
Vista
• That resulted for Inzunza to be
suspended, placed on leave and NEVER
REHIRE
• Should not be Welcome or allowed to
attend or participate in any Community
Event
• Below is a Link to the Legal Document
•
• https://1drv.ms/b/c/8dcf48c141ff15
9a/IQBNmNjLN_IuRqHlwUfZ6hcAAR
WPSObp-zRnYYW2vDuIIo0
The 'OK' Hand
Gesture Is Now
Listed As A
Symbol Of Hate
and White
Supremacy
Written Communications - PC
Acosta - Received 08/07/2026 Page 104 of 402
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Written Communications - PC
Acosta - Received 08/07/2026
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Micheal Inzunza as per document below
Alonzo Gozalez is connected to the Cardenas
•I’m asking You
Micheal Inzunza
•is Alonzo Gonzalez
• the messenger
handler or
•your
•Puppeteer?
•There was
• the Slum Lord
•The Striper Gate
•
•What will you and your
team be called?
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Sham SD Nonprofit Supports Controversial
Development
CARDENAS CONNECTIONS
The 401 B Street address used by the
coalition is the office of Grassroots
Resources, a political consulting firm
owned by Jesús Cárdenas, a longtime
Democratic operative who pleaded guilty last
year to two felony charges
Author: La Prensa
Created: 22 Sep, 2025
INVESTIGATIVE
REPORT
By Arturo Castañares
Editor-at-Large
Gonzalez, a local
real estate broker
who previously
worked as a
consultant for
Grassroots
Resources, signed
and submitted the
form, affirming that
the information is
“true and correct.”
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda I Believe that due to the close relationship between Micheal Inzunza and Alonzo Gozalez
Who is real estate individual Micheal Inzunza should not be present or participate in any conversation or information regarding future development projects in Chula Vista.
I believe, there is a
Potential conflict of interest and violation of the RICO ACT or FTC Section 5(a) violation to address.
If You all ignore what to me are unethical participation It would give me the impression that you all
perhaps are collaborators of such violations
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Micheal Inzunza
I noticed Jeff Bettger article, did not include your unpaid $ 9.788 Phone Bill Perhaps Jeff Bettger is not aware of
Jeff Betterger Micheal Inzunza unpaid Phone Bill article is below.
Read be informed.
I do not trust Micheal Inzunza He Lie to me
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Micheal Inzunza, DID you mention to Jeff Bettger
your suspension, leave, and non-rehire after the racist incident involving a Black child?
• What is your teaching
history? Have you ever
taught an accredited
class?
• Or are you lying again, as
when you claimed to be a
military family member?
• Did you get parental
authorization to publish the
children’s photos?
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Request to Add Agenda Item for August 11 Council
Meeting
Micheal Inzunza Censure till outcome of the following 3 Item I request that an action item be place on the August 11 Council meeting agenda for discussion and vote.
Micheal Inzunza Censure till outcome of the following
Agenda item should include the following three sections:
Item 1: Medical Evaluation Request
Consider whether Michela Inzunza should undergo a medical evaluation based on concerns regarding psychological stability and conduct toward Chula Vista elected officials when disagreements arise.
This review should also address reported verbal abuse toward members of the Chula Vista senior community.
Item 2: Financial Disclosure Review
Review any available financial statements or financial disclosure documents submitted by Micheal Inzunza during the candidate application process.
Item 3: Employment History Review
Review Micheal Inzunza’s employment history,
A. Including prior positions,
B. Length of employment,
C. Dismissals, reasons for separation.
Written Communications - PC
Acosta - Received 8/5/2026
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda Written Communications – PC
Maggie S. – Received 8/11/2026
Sent: Tuesday, August 11, 2026 11:15 AM
To: CityClerk <[email protected]>
Subject: City of CV Meeting - 8/11/26 Public Comment
"Mr. McCann I am inquiring about your relationship with the Cardenas family. In the last few weeks, you were eagerly promoting a local fundraiser benefiting Jesus Cardenas' cousin.
You attended an event with Democratic fraudster Jesus Cardenas on 8/5/26 on 3rd Ave. Be transparent and let the CV residents how much money you are receiving from your CRONIE Jesus Cardenas and his Grassroots Resources Corp to fund your upcoming cheesy Mayoral events. I estimate it's a significant amount for you to personally write a clemency letter to Trump regarding his fraudster sister Andrea Cardena in 2020. Was it 10k from Jesus Cardenas or from LiUNA Kelvin Barrios "
Thank you,
MS
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
City of Chula Vista - City Council
August 11, 2026 Post City Council/Housing Authority/Successor Agency to the RDA Agenda
v . 0 0 5 P a g e | 1
August 11, 2026
ITEM TITLE
Community Facilities District Annexation: Continued Public Hearing and Election Regarding Annexation of Eastlake Self Storage into Community Facilities District No. 97-2 Report Number: 26-0218
Location: Located generally adjacent to State Route (SR) 125, south of Eastlake Drive, and north of Otay Lakes Road, as shown on the annexation boundary map.
Department: Development Services
G.C. § 84308 Regulations Apply: No
Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act (CEQA) State Guidelines. Therefore, pursuant to CEQA Guidelines Section 15060(c)(3), no environmental review is required.
Recommended Actions
Conduct the public hearing, adopt the following resolutions, and place the ordinance on first reading:
A. Resolution making certain determinations and authorizing submittal of levy of special taxes to the qualified electors within proposed Annexation No. 14 to Community Facilities District No. 97-2 (“CFD No. 97-2”), Improvement Area “C”
B. Resolution declaring the results of the special election relating to the levy of special taxes within Annexation No. 14 to CFD No. 97-2, Improvement Area “C” C. Resolution making certain determinations and authorizing submittal of levy of special taxes to the qualified electors within proposed Improvement Area “D”, and Annexation No. 1 to Community Facilities District No. 97-2 (“CFD No. 97-2”)
D. Resolution declaring the results of the special election relating to the levy of special taxes within newly designated Improvement Area “D”, Annexation No. 1 to CFD No. 97-2 E. Ordinance authorizing the levy of a special tax in Improvement Area “D”, A nnexation No. 1 (First Reading)
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SUMMARY
The Eastlake Self Storage project (the “Project”) previously completed the City’s discretionary entitlement process, including public outreach , environmental review, Planning Commission review, and City Council approval of the project’s land use entitlements. The project consists of approximately 163,386 square feet of enclosed self -storage space within two three -story buildings and approximately 25,000 square feet of outdoor recreational vehicle and boat storage on a 9.35 acre-site. Since Project approval, the Applicant has continued implementing the approved entitlements, including obtaining environmental regulatory approvals and issuance of grading and public improvement permits.
The actions before the City C ouncil do not reconsider or reapprove the Project. Rather , they complete an outstanding requirement of the Project’s previously approved environmental mitigation program by establishing a long-term funding mechanism for environmental mitigation land through annexation into CFD No. 97 -2. The proposed special tax would apply only to the Project property and would fund perpetual monitoring, maintenance, reporting, and management of the projects required mitigation areas. No surrounding properties are subject to the proposed special tax.
On May 19, 2026, the City of Chula Vista (the “City”) City Council took the first step in the annexation and designation of a new improvement area within CFD No. 97-2 by declaring its intention to annex the territory into Improvement Area “C” and designate a new Improvement Area “D” and annexation thereto . A public hearing was held on July 14, 2026, and was continued to allow the applicant to address community concern regarding the previously approved driveway access off St. Germain Road. Following the continuation of this public hearing, the applicant worked collaboratively with Development Services and Fire Departments staff to revise the project design, eliminating the previously approved driveway connection to St. Germain Road while maintaining compliance with applicable fire and utility access requirements.
The recommended actions are the next steps in the formal proceedings to complete the two (2) annexations for the Project which includes: (a) conducting a public hearing , and (b) immediately following such public hearing, conducting an election of the qualified electors regarding the authorization to levy special taxes within each improvement area and, following the canvass of the ballots received, declaring the results of such election. Special taxes levied within Improvement Area “C” fund the costs of the Resource Monitoring Program as well as Preserve Operations and Maintenance consistent with the requirements of the Otay Ranch Resource Management Plan Phases I and II, plus a pro -rata share of Administrative Expenses of CFD No. 97-2.
In addition, the City is proposing the designation of the new Improvement Area “D” within CFD No. 97-2 to provide a dedicated funding mechanism for long -term wetland mitigation obligations within the Salt Creek Riparian Corridor of Otay Ranch Open Space Preserve and Annexation No.1 . Special taxes levied in Annexation No. 1 within Improvement Area “D” will fund the ongoing costs necessary to implement and carry out the Eastlake Self Storage Mitigation Project Long -Term Management Plan (“Long -Term Management Plan”) dated June 2025, prepared for the mitigation site located within the Salt Creek riparian corridor in the Otay Ranch Open Space Preserve (the “Mitigation Site”).
ENVIRONMENTAL REVIEW
The proposed activity has been reviewed for compliance with CEQA and determined that the activity is not a “Project” as defined under Section 15378 of the CEQA Guidelines because the proposed activity consists of
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a governmental fiscal/administrative activity which does not result in a physical change in the environment.
Therefore, pursuant to Section 15060(c)(3) of the CEQA Guidelines, no environmental review is required.
BOARD/COMMISSION/COMMITTEE RECOMMENDATION
Not applicable.
DISCUSSION
Project History and Prior Approvals
On December 8, 2016, the project applicant (the “Applicant”) submitted an application fo r development of the Project. The Project subsequently proceeded through the City’s standard entitlement process, including community outreach, environmental review, Planning Commission consideration, and City Council action.
A community meeting was held on May 15, 2017 , to sol icit public input regarding the proposed Project.
Public comments (Attachment 1) primarily focused on traffic generation, operational noise, security, visual compatibility with adjacent neighborhoods, the market need for additional self -storage facilities, and whether the site should remain undeveloped.
The initial Project design and conditions of approval were refined in response to public comments and technical analysis. Project modifications included:
preparation of a traffic analysis letter demonstrating that the project would generate traffic below the City’s threshold requiring preparation of a Traffic Impact Study; limiting customer operation hours through the Conditional Use Permit to 7:00 a.m. to 8:00 p.m., seven days per week, due to the project’s proximity to adjacent residential neighborhood; enhancement of building design and architecture to reduce visual impacts; preparation of a market demand analysis;
incorporation of enhanced perimeter security fencing consisting of decorative tubular steel fencing with masonry pilasters designed to provide security while remaining compatible with adjacent residential development; and
project access was also limited to Eastlake Drive with emergency-only access from St. Germain Road.
On March 17, 2 020, the City Council approved the project, including adoption of Mitigated Negative Declaration (IS16-0004), the Mitigation Monitoring and reporting Program, amendments to the General Plan and Eastlake II planning documents, Design Review Permit (DR16-0036), and Conditional Use Permit (CUP18-0010). A Notice of Determination was subsequently filed pursuant to CEQA.
Environmental Review
The approved Mitigated Negative Declaration (MND) evaluated the environmental effects associated with the proposed project and identified mitigation measures necessary to reduce potentially significant impacts to less -than-significant levels. Among those mitigation measures were permanent biological mitigation requirements and long -term management obligations . Those obligations require a dedicated long -term funding mechanism to provide ongoing monitoring, maintenance, reporting, adaptive management, and regulatory compliance for the life of the mitigation site. Long-term funding ensures that the required habitat
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monitoring, maintenance, and regulatory compliance continue after project construction is complete and for as long as required by the applicable environmental permits and approvals without fiscal impact to the public.
Project Implementation
Since approval of the Project, the Applicant has continued implementation of the approved entitlements.
Regulatory approvals associated with the mitigation program have been completed where required, and the City has issued grading and public improvement permits authorizing site work consistent with the approved project.
Following continuation of the public hearing on July 14, 2026, the Applicant met with City staff to evaluate design modifications that could satisfy applicable fire access requirements without the previously approved access road connecting to St. Germain Road. After review of the revised project design, the Fire Marshal determined that the revised project design satisfied applicable fire access requir ements without the previously approved access road connected to St Germain Road. The Applicant subsequently agreed to revise the project to remove the proposed access road while retaining the existing SDG&E easement in its current configuration.
On July 20, 2026, the Applicant participated in a community meeting with adjacent residents to discuss the revised project design and respond to questions regarding the Project.
The design refinements described above do not alter the purpose of the actions before the City Council, which remain limited to completion of the financing mechanism previously required as part of the Project’s required mitigation program.
Purpose of Subject Hearing
This public hearing is the next step in completing the implementation of a required component of the Project’s approved mitigation program identified in the discretionary entitlement and environmental review process.
Specifically, the proposed annexation into CFD No. 97 -2 establish es the long-term funding mechanism required to satisfy the Project's approved mitigation obligations. Revenues generated through the special tax on the Project are restricted in use to the perpetual monitoring, maintenance, reporting, adaptive management, administration, and stewardship of the appro ved mitigation lands in accordance with the project's environmental approvals and Long-Term Management Plan.
The proposed special tax would be levied solely on the property proposed for annexation into the CFD No. 97-2. No surrounding residential properties or members of the public are subject to the special tax as part of this action.
CFD No. 97-2 Background
The City Council formed CFD No. 97 -2 in 1998 to provide permanent funding for the Resource Monitoring Program (RMP) and the Preserve Operations and Maintenance (POM) activities within the Preserve in relation to required mitigation of upland habitats . CFD No. 97 -2 was initially divided into two (2) Improvement Areas, designated as Improvement Area “A” and Improvement Area “B”. In 2003, Improvement
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Area “C” was established to include lands not originally include d within the territory of CFD No. 97 -2. The requirement for a project to annex into CFD No. 97 -2 is set forth as a condition of approval as part of the environmental review and entitlement process.
Improvement Area “D” is proposed to establish a dedicated financing mechanism for the long -term management of wetland m itigation habitats within the Salt Creek riparian corridor of the Preserve.
Improvement Area “D” is intended to accommodate future an nexations for projects requiring long -term funding for riparian and wetland mitigation management activities. The Project is the initial territory proposed for annexation int o Improvement Area “D”. The Improvement Area is intended to accommodate future annexations for projects with similar wetland and riparian habitat mitigation obligations requiring long-term funding for maintenance and management.
Establishing a separate Improvement Area allows future projects with similar wetland or riparian mitigation obligations to participate in the financing mechanism while maintaining separate rates and funding that are specific to those obligations.
Revenues generated through the special tax will fund the activities required per the Long-Term Management Plan for the mitigation sites as provided in the CFD Report (Attachment 2). These activities include, but are not limited to, monitoring, maintenance, reporting, and adaptive management activities , such as invasive species control, trash removal, site access control, biological monitoring, reporting, and as-needed remedial or adaptive management actions necessary to ensure the long -term sustainability, habitat function, and regulatory compliance of preserve and mitigation areas following c ompletion of initial mitigation and monitoring requirements.
Property to be Annexed
The subject property was previously owned by the City and was part of a land exchange option between the City and the property owner of a 3.94 -acre parcel in the Lower Swe etwater Valley for additional parkland for the Lower Sweetwater Community Park site. In 2011, the City Council authorized the option for the land swap, which was later exercised in 2014 consistent with the 2011 authorization.
The property proposed to be a nnexed to CFD No. 97 -2 will be included in Improvement Area “C” as Annexation No. 14, and the property will also be included in Annexation No. 1 of the proposed designated Improvement Area “D”. The Project consists of a 9.35-acre site approved for a 1,200-unit self-storage facility by the City Council in 2020 through the adoption of Ordinance No. 2020 -3485 (Amendments to Eastlake II Planned Community District Regulations) and approval of Resolution Nos. 2020 -62 (Mitigated Negative Declaration), 2020-63 (Design Review Permit) and 2020-64 (Conditional Use Permit).
Public notification and community engagement were conducted throughout the planning process. A formal Notice of Application was distributed on January 31, 2017, for the initial study, design review, and plan amendments. Following distribution of the notice, a dedicated community meeting was held for residents on May 15, 2017, at the Eastlake Shores Beach Club Pavilion to discuss the project. Public hearings noticed and held before the Planning Commis sion on February 12, 2020, and the City Council on March 17, 2020 , and April 7, 2020, provided additional opportunities for the public to review plans and provide input.
The environmental impacts of the Project were evaluated in Mitigated Negative Declaration (MND) IS16 - 0004, State Clearinghouse Number 2019099048. Specifically, impacts to the Coastal Sage Scrub, an upland
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habitat, and wetland and riparian habitats, were identified. To mitigate these impacts, the Project is required to dedicate off -site mitigation land and annex into CFD No. 97 -2 to provide long -term funding for the monitoring, maintenance, and management of those mitigation areas. The maximum special taxes for both annexations are as set forth below.
Maximum Special Taxes Improvement Area “C”
The initial maximum special tax rates were established when Improvement Area “C” was created. They have been adjusted annually as set for th in the original Rate and Method of Apportionment. The approved maximum special tax rates for fiscal year 2025-2026 for Improvement Area “C” of CFD No. 97-2 area are as follows:
Improvement Area “C”
Table 1 – Maximum Special Tax for Resource Monitoring
Special Tax Category Maximum Special Tax (Resource
Monitoring)
Category I – Residential (per square foot) $0.0096
Category I – Non-Residential (per acre) $157.06
Category II – Final Mapped Property (per acre) $157.06
Category III – Undeveloped Property (per acre) $101.37
Table 2 – Maximum Special Tax for Operations & Maintenance Special Tax Category Maximum Special Tax (Operation &
Maintenance)
Category I – Residential (per square foot) $0.0153
Category I – Non-Residential (per acre) $249.34
Category II – Final Mapped Property (per acre) $249.34
Category III – Undeveloped Property (per acre) $160.94
The rates for special taxes shown in Tables 1 and 2 above are proposed to be increased each fiscal year, beginning fiscal year 2026 -2027, by a factor equal to the annual percentage change in the San Diego Metropolitan Area Consumer Price Index for All Urban Consumers (CPI -U, All Items) or zero percent (0%), whichever is greater. The special taxes are proposed to be collected in the same manner and at the same time as ordinary ad valorem property taxes ; provided, however, that the administrator of CFD No. 97 -2 may directly bill the special tax and may collect special taxes at a different time or in a different manner if necessary.
Maximum Special Taxes Improvement Area “D”
The maximum special tax rates for the new Improvement Area “D” are based on a budget prepared by a qualified biologist and approved by City environmental staff for the annual maintenance and monitoring of the wetland mitigation lands. The maximum special tax is calculated based on the annual budget for the authorized services, the establishment or replenish ment of a reserve fund, anticipated special tax delinquencies, and administrative expenses. For additional information regarding the annual expenses and the Rate and Method of Apportionment for Improvement Area “D”, please refer to the attached CFD Report dated June 2026, prepared by the special tax consultant, Harris & Associates.
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The approved maximum special tax rates for fiscal year 2025-2026 for all taxable property located w ith Improvement Area “D” of CFD No. 97-2 are as follows:
Improvement Area “D”
Table 3 – Maximum Special Tax
Long Term
Management Fund
Requirement
Long Term
Management
Reserve &
Administrative
Expenses
Total Long-Term
Management Costs
$990 / acre $473 / acre $1,463 / acre
The rates for special taxes shown in Table 3 above are proposed to be increased each fiscal year, beginning fiscal year 2026-2027, by a factor equal to the annual percentage change in the San Diego Metropolitan Area Consumer Price Index for All Urban Consumers (CPI-U, All Items) or zero percent (0%), whichever is greater.
The special taxes are proposed to be collected in the same manner and at the same time as ordinary ad valorem property taxes; provided, however, that the administr ator of CFD No. 97 -2 may directly bill the special tax and may collect special taxes at a different time or in a different manner if necessary.
Description of Public Hearing Proceedings
The subject public hearing is being held in accordance with California Government Code Section 53339.5 et seq. The first step in the subject proceeding is the public hearing. If a majority protest exists for either (or both) annexations, the City cannot move forward with either (or both) annexations and will be prohibited from continuing proceedings for at least one (1) year. A majority protest exists if written protests are submitted by (a) the owners of one -half or more of the area of land in the territory included in the e xisting CFD No. 97 -2 or proposed annexation area; or (b) 50% or more of the registered voters (or 6 registered voters, whichever is greater) within either the existing CFD No. 97-2 or proposed annexation area. Otherwise, if a majority protest is not receiv ed, the City may submit the question to the qualified electors for each annexation, which would be the property owner. The property owner has waived time limitations and requirements to comply with the Elections Code, as authorized in the CFD Law. The recommended actions complete Annexation No. 14 to Improvement Area “C” and the designation of Improvement Area “D” and Annexation No. 1 thereto.
There are two (2) resolutions for each annexation action item, which if approved would do the following:
A) Resolution making certain determinations and authorizing submittal of the levy of special taxes to the qualified electors is the formal action making determinations relating to the annexation, setting forth specific information about the annexation, and calling an election relating to the levy of special taxes within the annexation.
B) Resolution declaring results of the special election provides for the approval of the certificate of the City Clerk, acting as election official, relating to the canvass of votes on the a nnexation and, if the qualified electors approve the annexation, the Resolution w ill formally approve and authorize the annexation, including designation of Improvement Area “D” and the levy of special taxes within each annexation.