Docusign Envelope lD: 41 8F3F30-DF03-4'1 D3-9D02-237074C92E0F
EXHIBIT A
Court Order
Docusign Envelope lD: 41 8F3F30-DF03-41 D3-9D02 -237 07 4C92EOF
EXHIBIT B
Receivership Account and Wire Instructions
Pagel5ofl5
DEVELOPMENT AGREEMENT
This Project Development Agreement ("Agreement") is entered into effective May 4,2026 ("Effective Date") between the City of Firebaugh, a California charter city ("City") and ElementT,LLC, a California limited liability company, by and through the Court-Appointed Receiver Kevin Singer ("Developer"), with respect to the following Recitals, which are a substantive part of this Agreement:
RECITALS
A. Developer has a commercial cannabis regulatory permit ("Regulatory Permit") and a Conditional Use Permit to conduct commercial cannabis operations and related uses as described in Section I below and consistent with the Firebaugh Municipal Code and applicable law.
B. Developer represents that its principals are experienced developers and/or operators of commercial cannabis operations or have otherwise contracted with experienced commercial developers, operators, contractors, and other professionals for the purposes ofdeveloping the Project on the Propefty.
C. Developer represents its intention to use reasonable efforls to hire City residents to work in its commercial cannabis operations, and City encourages Developer to hire locally.
NOW, THEREFORE' pursuant to the authority contained in the California's Development Agreement statutes (Government Code section 65864, et seq.,), enacted pursuant to Article XI, Section 2 of the California Constitution, and in consideration of the foregoing recitals of fact, all of which are expressly incorporated into this Agreement, the mutual covenants set forth in this Agreement, the City and Developer agree as follows:
I. I)evelopment of Propertv. Developer proposes to operate a Commercial Cannabis Operation, which includes, manufacturing, distribution and dispensary sale of cannabis at l2l0 12tl' Street, Firebaugh, CA to serve the uses ("Project") under the Medicinal and Adult Use Cannabis Regulation and Safety Act ("MAUCRSA") and applicable law. For purposes of this Agreement, the definition of Properfy and Project shall be as noted on map attached as Exhibit A.
Developer agrees to the following:
o Developer to pay for all infrastructure and development costs relating to the Project. o Developer to install complete perimeter lighting and security cameras. o Developer must provide on-site security personnel 24 hours per day.
A Cannabis Regulatory Permit and a Conditional Use Permit are required prior to the development of the Property or following any assignment or transfer of Project or Property to be used for a commercial cannabis operation.
City Council finds that upon the grant of a Cannabis Regulatory Permit, Conditional Use Permit and the approval of this Agreement, the Developer shall have invested a substantial sum in reliance on the approvals, including, but not limited to, cannabis regulatory permitting related to the Property as well as significant land acquisition costs. Therefore, the Council agrees that during the Term of this Agreement, the Developer shall have a vested right subject to this Agreement to undertake the development and operation of the Project in accordance with the Project approvals issued by the City. No Subsequent Land Use Regulation (defined below) shall delay, hinder, materially increase the cost of development or operation or impede the purpose or the effect of the vested rights of the Developer which arise hereunder unless necessitated by county, state, federal law or local public health and safety necessity.
Except as otherwise provided underthe provisions of this Agreement, the only rules, regulations and official policies governing permitted uses of the Property, the density and intensity of use of the Property, the maximum height and size of proposed buildings, and the design, improvement and construction standards and specifications applicable to development and operation of the Property, shall be those set forth in the Existing Land Use Regulations and the Subsequent Land Use Regulations (if any) to which Developer has consented in writing, subject to the terms of this Agreement. "Existing Land Use Regulations" means all ordinances, laws, resolutions, codes, rules, regulations, moratoria, initiatives, policies, requirements, or guidelines of the City in effect on the Agreement Effective Uate (defined below) which govern the permitted uses of land, the density and intensity of use, and the design, improvement, construction standards and specifications applicable to the development of the Property, including, but not limited to, the General Plan, the ZoningCode, and all other ordinances of City establishing subdivision standards, park regulations, impact or development fees and building and improvement standards.
"subsequent Land Use Regulations" means any change in or addition to the Existing Land Use Regulations which would otherwise be applicable to the Property and the Project and which are adopted by the City after the Agreement Effective Date and which thereafter become effective during the Term, including, without limitation, any change in the general or a specific plan, zoning, subdivision, or building regulation applicable to the Properly, including, without limitation, any such Subsequent Land Use Regulation which is enacted by means of an ordinance, resolution, policy, order or moratorium, initiated or instituted for any reason whatsoever by the City Council or any other board, agency, commission or department of City, or any officer or employee thereof, which affected the Existing Land Use Regulations of the City during the Term, and which would, absent this Agreement, otherwise be applicable to the Project.
"Agreement Effective Date" means the effective date of the City legislative action approving this Agreement.
il. I.awfulness of ^ ctivities. In entering into this Agreement and processing the Regulatory Permit, the City makes no guarantees or promises as to the lawfulness of the proposed commercial cannabis operations under State or federal law, and Developer is obligated to comply with all applicable laws. To the fullest extent permitted by law, City shall not assume any liability whatsoever with respect to approving the Ordinance, a Regulatory Permit for Developer, this Agreement or any other commercial cannabis operation approved by City.
ilI. Developer Representations. Developer represents and warrants that Developer, andlor principal members of Developer, is/are an experienced developer and operator of commercial properties with experience in cannabis operations, or has otherwise contracted with experienced commercial developers, architects, and/or other professionals for the purpose of developing the Property. The qualifications and identity of Developer and Developer's contractors are of parlicular concern to City, and because of such qualifications and identity, the City has entered into this Agreement with Developer. City has considered and relied upon Developer's representations and warranties in entering into this Agreement.
IV. [99S. Developer shall pay to City the following fees specified in Firebaugh Municipal Code section 25 -42.13 .6(p):
a. Business License Fee. Per Citv Fee Schedule.
Regulatory License Fee. Per Citv Fee Schedule.
Conditional Use Permit Fee. Per Citv Fee Schedule.
d. Revenue Raising Fee. Developer agrees to pay the City four percent (4%) of gross receipts from the Developer's sale of all cannabis products.
The cannabis fees shall be fixed as specified in this Section IV for the Term of this Agreement.
The requirements of this Section shall be a recorded covenant running with the land and binding on all owners, tenants, and Regulatory Permit holders for the Property. The covenants shall expire on the expiration or earlier termination of this Agreement.
If the above cannabis operations are on the same parcel, the Manufacturing and Distribution operations can be added to one (l) Regulatory Permit. If on separate parcels, then separate permits will be required.
V. Local Contractors. To the extent practical, Developer will use reasonable efforls to hire construction/remodel contractors for the Property that are based within the City of Firebaugh or whose work force is made up of a significant number (e.g., 30%) of residents of the City of Firebaugh (a "Local Contractor"). Nothing in this section V. shall be construed to require Developer to accept a bid from aLocal Contractor that is more than five percent (5%) higher than the lowest bid received for the same or similar work.
VI. Compliance with T ^ws. Developer shall operate the commercial cannabis operation in substantial conformity with the MAUCRSA and any implementing laws and regulations, as they may be amended from time to time. Developer shall similarly comply with all other applicable laws, state labor standards, City zoning and development standards, building, plumbing, mechanical and electrical codes, all other provisions of the Firebaugh Municipal Code, and all applicable disabled and handicapped access requirements, including without limitation the Americans With Disabilities Ac!42 U.S.C. Section l2l0l, et seq., California Government Code Section 4450, et seq., California Government Code Section 11135, et seq., and the Unruh Civil Rights Act, Civil Code Section 51, et seq. with respect to the existing and any proposed improvements on the Propefty.
VU. Administrative Actions. The parties acknowledge that in the future there could be claims, enforcement actions, requests for information, subpoenas, criminal or civil actions initiated or serued by either the Federal Government or the State Government in connection with Developer's development, operation and use of the Property (collectively, "Actions"). If any Action is brought by eitherthe Federal or State Government, City shall, consistent with applicable law, (i) immediately notifu Developer of the nature of the Claim, and if applicable law allows, provide Developer no more than ten days from the date of the notice to obtain injunctive or other relief. City, and (ii) and provide all correspondence or documents submitted to the City.
VIII. fleveloper's Indemnitv.
a. Commercial Cannabis Operations. Developer shall defend, indemnify, assume all responsibility for, and hold City and its officers, agents, employees, and volunteers, harmless from all claims, demands, damages, defense costs or liability of any kind or nature arising from or related to any State or federal law enforcement action against Developer, Developer's tenants, subtenants, licensees, contractors and employees ("Developer Parties") in connection with the commercial cannabis operation b.
c.
conducted on the Property after the issuance of the Regulatory Permit ("Cannabis Claims"). Developer's defense and indemnity obligations under this Agreement shall apply, regardless of intent or fault, to any allegation or claim of liability brought against the City related to the subject Project, including land use and environmental law actions or meeting notice law actions following Project approval, modification, or denial. Developer's duty shall arise at the first claim, petition, or allegation of liability against City.
Developer's indemnity shall not extend to any loss of revenue suffered or incurred by City in connection with any termination, cessation, restriction, seizure, or other limitation of any commercial cannabis operation on the Property.
b. Construction and Other Operations. In addition to the indemnity obligations of subsection (a), Developer shall defend, indemnify, assume all responsibility for, and hold City and its officers, agents, employees, and volunteers, harmless from all claims, demands, damages, defense costs or liability of any kind or nature relating to the subject matter of this Agreement or the implementation thereof, including all construction and operation activities on the Property, and for any damages to property or injuries to persons, including accidental death (including attorneys' fees and costs), which may be caused by any acts or omissions of Developer Parties in the performance under this Agreement, whether such damage shall accrue or be discovered before or after termination of this Agreement ("Other Claims"). Developer's liability under this Subsection (b) is limited to the extent the property damage or bodily injury is caused by the sole negligence or willful misconduct of City or its agents or employees.
IX. Restrictions on F.ncumhrance. Assignment or Transfer. a. Developer can encumber, sell, moftgage, assign or transfer the Property consistent with this Agreement. This cannabis regulatory Agreement would not be extinguished by a mortgage foreclosure so long as the foreclosing owner complies with all regulatory permits and applicable law relating to transfers of the Agreement.
b. Assignment/Transfer- In the case of a transfer of this Agreement or any of Developer's rights hereunder, Developer shall; (i) provide advance written notice of the proposed transfer, (ii) provide its representation and documentation that the transferee has similar experience and similar financial capacity aS Developer possessed on the Effective Date of this Agreement, to undertake the obligations of this Agreement, and (iii) provide proposed assignment documents indicating whether the Developer or transferee or both will assume the obligations of this Agreement. If the transferee has similar commercial cannabis agricultural experience and financial capacity as Developer, the transfer may relieve the Developer of its obligations upon execution of an assignment agreement in a form reasonably approved by the City. If the City disagrees with the proposed transfer, the parties may submit the dispute to a neutral mediation with each party sharing the mediator costs. If the parties remain in disagreement following mediation, the parties may submit a decision to an arbitrator for a binding decision. The parties shall share the costs of arbitration.
c. Assignee Obligations. In the absence of specific written agreement by City or binding arbitration decision, no assignment or transfer by Developer of all or any portion of its rights shall be deemed to relieve it or any successor party from any obligations under this Agreement. In addition, no attempted assignment of any of Developer's obligations hereunder shall be effective unless and until the successor party executes and delivers to City an assignment agreement in a form reasonably approved by the City assuming such obligations and has received a regulatory permit.
X. Defaults and Remedies. Failure by either party to perfotm any action or covenant required by this Agreement within the time periods provided herein, following notice and failure to cure as described hereafter, constitutes a "Default" under this Agreement. A parff claiming a Default shall give written Notice of Default ("Notice") to the other party specifring the Default complained of. Except as otherwise expressly provided in this Agreement, the claimant shall not institute any proceeding against any other party, and the other party shall not be in Default if such party within fifteen (15) days from receipt of such Notice immediately, with due diligence, commences to cure, correct or remedy such failure or delay and shall diligently complete such cure, conection or remedy.
In addition to any other rights or remedies and subject to the restrictions otherwise set forth in this Agreement, either party may institute an action at law or equity to seek specific performance of the terms of this Agreement, or to cure, correct or remedy any Default, to recover damages for any Default, or to obtain any other remedy consistent with the purpose ofthis Agreement. Such legal actions must be instituted in the Superior Court of the County of Fresno, California, or in the United States District Court for the Eastern Dishict of California - Fresno Division, if allowable.
XL Communitv Benefit.
Developer shall enter binding Community Benefit arrangements with at least one local nonprofit public benefit entity to ensure public benefit to the residents of Firebaugh.
XII. GeneralProvisions.
a. Notices. Demands. and Communications Between the Parties. Any approval, disapproval, demand, document or other notice ('Notice") which either party may desirq to give to the other party under this Agreement must be in writing and may be given by any commercially acceptable means to the party to whom the Notice is directed at the address of the party as set forth below, or at any other address as that pafi may later designate by Notice To City Lozano Smith
7404 N. Spalding
Fresno, Califomia 93720
Tel: (5s9) 431-5600
Fax: (559) 431-4420
With a copy to: Ema i I : isanchez(d.lozanosm i th.com
To Developer:
City ofFirebaugh
City Manager 1133
P Street
Tel: (559) 659-
2043
Fax: (559) 659-
3412
Email:
bsallesos@Firebau
sh.ors
With a copy to:
James Sanchez
Robert M. DiVito
Element 7
Firebaugh, LLC
645 West 9th Street,
#1 10-631 Los
Angeles, CA 90015
Tel: (312) 823 7638
Email : robert@ e7 ca.com
Attn: Sheila Merchant
Email: [email protected]
Any written notice, demand or communication shall be deemed received: immediately if delivered by hand; 24 hours after delivery to a receipted, overnight delivery service such as Federal Express; 24 hours after delivery by e-mail with an acknowledgement of receipt by the intended recipient; and on the fourth (4th) day from the date it is postmarked if delivered by registered or certified mail. b. Successors and Assigns. All of the terms, covenants, and conditions of this Agreement shall be binding upon Developer and City, and their respective successors and assigns. Whenever the term "Developer" is used in this Agreement, such term shall include any other successors and assigns as herein provided. This Agreement shall run with the land and be binding upon Developer's successors and assigns in and to the Property.
c. Relationship Between Citv and Developer. It is hereby acknowledged that the relationship between City and Developer is not that of a partnership or joint venture and that City and Developer shall not be deemed or construed for any purpose to be the agent of the other. Except as expressly provided herein or in the Attachments hereto, City shall not have any rights, powers, duties or obligations with respect to the Project.
d. No Third-Partv Beneficiaries. There shall be no third-party beneficiaries of this Agreement.
e. Citv Approvals and Actions. City shall maintain authority over this Agreement, and the authority to implement this Agreement through the City Manager (or his/her duly authorized representative). The City Manager shall have the authority to make approvals, issue interpretations, waive provisions, andlor enter into certain amendments of this Agreement on behalf of City so long as such actions do not materially or substantially change the uses or development contemplated under this Agreement, and such approvals, interpretations, waivers and/or amendments may include extensions of time to perform if applicable. All other material and/or substantive interpretations, waivers, or amendments shall require the consideration, action and written consent of the City Council. f. Counterparts. This Agreement may be signed in multiple counterparts which, when signed by all parties, shall constitute a binding agreement. This Agreement shall be executed in two (2) originals, each of which is deemed to be an original.
g. Integration. This Agreement contains the entire understanding between the parties relating to the transaction contemplated by this Agreement, notwithstanding any previous negotiations or agreements between the parties or their predecessors in interest with respect to all or any part of the subject matter hereof. All prior or contemporaneous agreements, understandings, representations and statements, oral or written, are merged in this Agreement and shall be of no further force or effect. Each party is entering this Agreement based solely upon the representations set forth herein and upon each party's own independent investigation of any and all facts such party deems material. This Agreement includes all Attachments and Exhibits attached hereto, which are incorporated herein. h. Interpretation and Applicable Law. This Agreement has been prepared with input from both parties, and shall be interpreted as though prepared jointly by both parties. The laws of the State of California shall govern the interpretation and enforcement of this Agreement. i. No Waiver. Any failures or delays by either party in asserting any of its rights and remedies as to any Default shall not operate as a waiver of any Default or of any such rights or remedies, or deprive either such party of its right to institute and maintain any actions or proceedings which it may deem necessary to protect, assert or enforce any such rights or remedies. Nor shall a waiver by either party of a breach of any of the covenants, conditions or promises under this Agreement to be performed by the other party be construed as a waiver ofany succeeding breach ofthe same or other covenants, agreements, restrictions or conditions of this Agreement. j. Modifications. For any alteration, change or modification of or to this Agreement to become effective, it shall be made in writing and in each instance signed on behalf of each party. k. Legal Advice. Each party represents and warrants to the other the following: They have carefully read this Agreement, and in signing this Agreement, they do so with full knowledge of any right which they may have; they have received independent legal advice from their respective legal counsel as to the matters set forth in this Agreement, or have knowingly chosen not to consult legal counsel as to the matters set forth in this Agreement; and, they have freely signed this Agreement without any reliance upon any agreement, promise, statement or representation by or on behalf ofthe other party, or their respective agents, employees, or attorneys, except as specifically set forth in this Agreement, and without duress or coercion, whether economic or otherwise.
I. Cooperation. Each party agrees to cooperate with the other in this transaction and, in that regard, to sign any and all documents which may be reasonably necessary, helpful, or appropriate to carry out the purposes and intent of this Agreement including, but not limited to, releases or additional agreements.
m. Non-Liabilitv of Officials and Emplolrees of the Citv. No official, employee or agent of the City shall be personally liable to the Developer, or any successor in interest, in the event of any Default or breach by the City or for any amount which may become due to the Developer or its successors, or on any obligations under the terms of this Agreement. n. Attomeys' Fees. In any action between the parties to interpret, enforce, reform, modiflr, rescind, or otherwise in connection with any of the tetms or provisions of this Agreement, the prevailing party in the action shall be entitled, in addition to damages, injunctive relief, or any other relief to which it might be entitled, reasonable costs and expenses including, without limitation, litigation costs and reasonable attorneys' fees.
o. Term. The term of this Agreement ("Term") shall be until December 31, 2026 or until the City Council approves transfer of the Developer's Regulatory Permit to a new operator, whichever occurs first.
p. Savings Clause. If any provision of this Agreement or the application thereof is held invalid, the invalidity shall not affect other provisions or applications of the Agreement which can be given effect without the invalid provisions or applications and to this end the provisions of this Agreement are declared to be severable.
IN WITNESS WIIEREOF' the City and the-Developer have executed this Project Development Agreement as of the date set forth above.
Dated: Kevin Singer, solely in his capacity as CourtAppointed Receiver
CITY OF FIREBAUGH
By
Dated: Ben Gallegos, Crty Manager
ATTEST:
By:
Rita Lozano, City Clerk
ELEMENT 7 FIREBAUGII, LLC
By:
EXHIBIT A
LEGAL DESCRIPTION AND DEPICTION OF PARCEL
[See Attached]
and
RESOLUTION NO. 26-23
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FIREBAUGH ADOPTIONG
THE CITY OF FIREBAUGH INVESTMENT POLICY
WHEREAS' California Government Code Section fi6a6@)(2) requires local government entities to adopt an annual investment policy; and
WHEREAS, the City is responsible for maintaining public funds in a prudent and responsible manner; WHEREAS' the primary objectives of the City's investment program, in priority order, are Safety, Liquidity, and Return on Investment; and
WHEREAS, the City Manager is delegated responsibility for investing unexpended cash of the City Treasury with day-to-day investment management authority assigned to the Finance Directoq pursuant to the Municipal Code and Investment Policy; and
WHEREAS, the City Council has reviewed the City of Firebaugh Investment Policy, last revised on May 4,2026,which establishes prudent standards, internal controls, reporting requirements, and authorized investment instruments consistent with State law; and
WHEREAS, the City Council desires to affirm its commitment to sound fiscal management and oversight through the formal adoption of said Investment Policy.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Firebaugh, as follows:
l. Adoption of Policy: The City of Firebaugh Investment Strategy, attached hereto as ExhibitA, is hereby adopted and made eflective immediately.
2. Annual Review: The Investment Policy shall be reviewed annually by the City Council. Any modifications shall be brought forward for approval by resolution.
3. Delegation of Authority: The City Manager, or designee, shall continue to exercise authority for investment management as outlined in the adopted policy.
4. Compliance Reporting: The Finance Director shall provide quarterly investment reports to the City Council in accordance with the requirements of the policy and State law.
The foregoing Resolution was introduced and adopted at a regular meeting of the City Council of the City of Firebaugh held on the 4th day of May, 2026,by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
APPROVED: ATTEST:
Freddy Yaldez, Mayor Rita Lozano, Deputy City Clerk
Return to agenda
CITY OF FIREBAUGH
INVESTMENT POLIGY
(Last Revis ed 514126l
7 8
9 Table of Contents
1. Po1icy..........
2. Scope..........
3. Prudence...
4. Objectives ..............
5. Delegation of AuthoritY
6. Ethics and Conflicts of lnterest
Authorized Dealers and lnstitutions
Authorized and Suitable Investments...
Review of I nvestment Portfolio ..............
10. Investment Pools / Money Market Funds
1 1. Collateralization..
1 2. Safekeeping and Gustody...............
1 3. Diversification............
Maximum Maturities
lnternal Controls
Performance Standards ............
Reporting
Investment Policy AdoPtion.
Glossary of Terms in this Po|icy.............
Glossary of General lnvestment Terms
2 2
2 2
3 3
4 4
6 7
7 8
8 8
8 9
9 '14.
15. 16.
17. 18.
19. 20.
10 10
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City of Firebough- lnvestment Policy I
1. Policy
The City of Firebaugh shall invest public funds in such a manner as to comply with state and local laws; ensure prudent money management; provide for daily cash flow requirements; and meet the objectives of the Policy, in priority order of Safety, Liquidity and Return on investment. ln accordance with the Municipal Code of the City of Firebaugh and under authority granted by the City Council, the City Manager is responsible for investing the unexpended cash in the City Treasury.
2. Scope
The investment policy applies to all investment activities and financial assets of the City of Firebaugh as accounted for in the Annual Comprehensive Financial Report (ACFR).
This policy is applicable, but not limited to, all funds listed below:
. General Fund
o Capital Funds
. Other Special Revenue Funds, Debt Service Funds, lnternal Service Funds o Any new fund created by the City Council unless specifically exempted.
3. Prudence
The standard of prudence to be used by the designated representative shall be the "prudent investor" standard and shall be applied in the context of managing the overall portfolio. Persons authorized to make investment decisions on behalf of local agencies investing public funds are trustees and therefore fiduciaries subject to the prudent investor standard which states, "When investing, reinvesting, purchasing, acquiring, exchanging, selling, or managing public funds, a trustee shall act with care, skill, prudence, and diligence under the circumstances then prevailing, including, but not limited to, the general economic conditions and the anticipated needs of the agency, that a prudent person acting in a like capacity and familiarity with those matters would use in the conduct of funds of a like character and with like aims, to safeguard the principal and maintain the liquidity needs of the agency".
The City Manager and other individuals assigned to manage the investment portfolio, acting within the intent and scope of the investment policy and other written procedures and exercising due diligence, shall be relieved of personal responsibility and liability for an individual security's credit risk or market price changes, provided deviations from expectations are reported in a timely manner and appropriate action is taken to control adverse developments.
4. Objectives
The City's primary investment objectives, in order of priority, shall be:
..1'a*.. tffii .liii-b-_!tz
City of Firebaugh- lnvestment Policy 2
1. Safety: Safety of principal is the foremost objective of the investment program. lnvestments shall be undertaken in a manner that seeks to ensure the preservation of capital in the overall portfolio. The City shall seek to preserve principal by mitigating the two types of risk: credit risk and market risk' a. Credit risk, defined as the risk of loss due to failure of the issuer of a security, shall be mitigated by investing in issuers that carry the direct or implied backing of the U.S. Government (including, but not limited to, the U.S.
Treasury, U.S. Government Agencies, and federally insured banks). The portfolio will be diversified so that the failure of any one issuer does not unduly harm the City's capital base and cash flow.
b. Market risk, (aka "interest rate risk") defined as market value fluctuations due to overall changes in the general level of interest rates shall be mitigated by limiting the maximum maturity of any one security to five years, structuring the portfolio based on historic and current cash flow analysis eliminating the need to sell securities prior to maturity and avoiding the purchase of longterm securities for the sole purpose of short-term speculation. Moreover, it is the City's full intent, at the time of purchase, to hold all investments until maturity to ensure the return of all invested principal dollars. Limited exceptions will be granted for security swaps that would improve the portfolio's yield and/or credit quality.
2. Liquidity: The City's investment portfolio will remain sufficiently liquid to enable the City of Firebaugh to meet all operating requirements, which might be reasonably anticipated.
3. Return on lnvestments: The City's investment portfolio shall have the objective of attaining a comparative performance measurement or an acceptable rate of return throughout budgetary and economic cycles. These measurements should be commensurate with the City's investment risk constraints identified in this lnvestment Policy and the cash flow characteristics of the portfolio.
5. Delegation of Authority
The Municipal Code of the City of Firebaugh and the authority granted by City Council assign the responsibility of investing unexpended cash to the City Manager. Daily management responsibility of the investment program may be delegated to the Finance Director, who shall establish procedures for the operation consistent with this investment policy.
6. Ethics and Conflicts of lnterest
Officers and employees involved in the investment process shall refrain from personal business activity that conflicts with proper execution of the investment program or impairs City of Firebough- lnvestment Policy 3
their ability to make impartial investment decisions. Additionally, the City Manager and the Finance Director are required annually to file applicable financial disclosures as required by the Fair Political Practices Commission (FPPC). Furthermore, lnvestment officials must refrain from undertaking personal investment transactions with the same individual(s) employed by the financial institution with whom business is conducted on behalf of the City.
7. Authorized Dealers and lnstitutions
The Finance Director will maintain a list of approved financial institutions authorized to provide investment services to the public agency in the State of California. These may include "primary" dealers or regional dealers that qualify under Securities & Exchange Commission Rule 15C3-1 (uniform net capital rule). Best practices include the following:
1) A determination that all approved broker/dealer firms, and individuals covering the public agency, are reputable and trustworthy; 2) the broker/dealer firms should have the ability to meet all their financial obligations in dealing with the Public Agency; 3) the firms, and individuals covering the agency, should be knowledgeable and experienced in Public Agency investing and the investment products involved; 4) no public deposit shall be made except in a qualified public depository as established by the established state laws; 4) all financial institutions and broker/dealers who desire to conduct investment transactions with the public agency may supply the Finance Directorwith audited financial statements, proof of FINRA certification, trading resolution, proof of State of California registration, a completed broker/dealer questionnaire, certification of having read the Public Agency's investment policy and depository contracts.
The Finance Director r may conduct an annual review of the financial condition and registrations of qualified dealers & institutions'
8. Authorized and Suitable lnvestments
lnvestment of City funds is governed by the California Government Code Sections 53600 et seq. Within the context of the limitations, the following investments are authorized, as further limited herein:
1 . United States Treasury Bills, Bonds, and Notes or those for which the full faith and credit of the United States are pledged for payment of principal and interest. There is no percentage limitation of the portfolio that can be invested in this category, although a five-year maturity limitation is applicable.
2. Federal agency or United States government-sponsored enterprise obligations, participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or United States governmentsponsored enterprises.
3. Local Agency lnvestment Fund (LAIF), which is a State of California managed investment pool, and the Fresno County lnvestment pool, may be used up to the 4 ffi City of Firebough- lnvestment Policy
maximum permitted by California State Law. A review of the pool/fund is required when part of the list of authorized investments, with the knowledge that the pool/fund may include some investments allowed by statute but not explicitly identified in this investment policy.
Additionally, shares of beneficial interest issued by a joint powers authority organized pursuant to CA Code (Section 6509.7) that invests in the securities and obligations in compliance with CA Code 53601 (subsection 'a'to 'r', inclusive) are also authorized. Each share shall represent an equal proportional interest in the underlying pool of securities owned by the joint powers authority. To be eligible under this section, the joint powers authority issuing the shares shall have retained an investment adviser that meets all the following criteria:
The adviser is registered or exempt from registration with the Securities and Exchange Commission.
The adviser has not less than five years of experience investing in the securities and obligations authorized in CA Code (subsection 'a' to 'r', inclusive).
The adviser has assets under management in excess of five hundred million dollars ($500,000,000).
4. Negotiable Certificates of Deposit issued by nationally or state-chartered banks (FDIC insured institutions) or state or federal savings institutions. Purchases of negotiable certificates of deposit may not exceed 3Oo/o of total portfolio. Principal and accrued interest on these investments must not exceed the $250,000 FDIC insurance limit. A maturity limitation of five years is applicable. b. Time deposits or placement service deposits, non-negotiable and collateralized in accordance with California Government Code S 53601.8, may be purchased through banks, savings and loan associations, or federally insured credit unions.
Deposits placed through a private-sector placement service shall not exceed fifty percent (50%) of the agency's total investment portfolio at the time of purchase, as permitted under Government Code S 53601.8. Principal and accrued interest shall be fully insured by the Federal Deposit lnsurance Corporation (FDIC) or the National Credit Union Administration (NCUA) or collateralized in accordance with state law. Negotiable certificates of deposit authorized under Government Code $ 53601(i) are excluded from this limitation. This authority remains in effect through January 1,2031, unless extended by further legislative action.
Or
Time deposits or placement service deposits, non-negotiable and collateralized in accordance with the California Government Code, may be purchased through banks or savins and loa associations. Since time deposits are not liquid, no more than 50% of the investment portfolio may be invested in this investment type. A a
o
,iffi City of Firebaugh- lnvestment Policy 5
maturity limitation of five years is applicable. Effective -,
no more than 50
percent of the agency's money may be invested in deposits, including certificates of deposit, through a placement service as authorized under 53601.8 (excludes negotiable certificates of deposit authorized under Section 53601(i)). On -,
the
maximum percentage of the portfolio reverts back to 30 percent. lnvestments made pursuant to 53635.8 remain subject to a maximum 30 percent of the portfolio.
6. Various daily money market funds administered for or by trustees, paying agents and custodian banks contracted by the City of Firebaugh may be purchased as allowed under the State of California Government Code. Only funds holding U.S.
Treasury or Government agency obligations can be used.
The following summary of maximum percentage limits, by instrument, are established for the City's investment portfolio:
9. Review of lnvestment Portfolio
The securities held by the City of Firebaugh must be in compliance with Section 8.0 "Authorized and Suitable lnvestments" at the time of purchase. The Finance Director should review the portfolio (at least annually) to identify those securities that do not comply.
6 Authorized lnvestment
Type
Government
Code
Maximum
Maturity
Minimum
Credit
Quality
Maximum in
Portfolio
Maximum
lnvestment in
One lssuer
Treasury
Obligations
(bills, notes, &
bonds)
53601 (b) 5 Years N/A 1O0o/o N/A
US Government
Agency and Federal
Agency Securities
53601(f) 5 Years N/A 1O0o/o N/A
Local Agency
lnvestment Fund
(LAIF)
16429.1 Upon
Demand N/A
As permitted by
LAIF N/A
Fresno County
lnvestment Pool 53684
Upon
Demand N/A
As permitted by
County Treasurer N/A
Joint Powers Authority
Pool 53601 (p) N/A
See $ 8.3
(above) None N/A
Negotiable Certificates
of Deposit 53601(i) 5 Years N/A 3Oo/o N/A
Placement Service
Deposits
53601.8 and
53635.8 5 Years N/A 5Oo/o N/A
".''o^k
:mP:, City of Firebaugh- lnvestment Policy
The Finance Director should establish procedures to report any major and critical incidences of noncompliance identified through the review of the portfolio.
10. lnvestment Pools / Money Market Funds
A thorough investigation of the investment pool/money market fund is required prior to investing, and on a continual basis. Best efforts will be made to acquire the following information:
1. A description of eligible investment securities, and a written statement of investment policy and objectives.
2. A description of interest calculations and how it is distributed, and how gains and losses are treated.
3. A description of how the securities are safeguarded (including the settlement processes), and how often the securities are priced and the program audited.
4. A description of who may invest in the program, how often, and what size deposit and withdrawal are allowed.
5. A schedule for receiving statements and portfolio listings.
6. Are reserves, retained earnings, etc. utilized by the pool/fund?
7. A fee schedule, and when and how is it assessed.
8. ls the pool/fund eligible for bond proceeds and/or will it accept such proceeds?
11. Collateralization
Collateralization will be required on two types of investments: non-negotiable certificates of deposit and repurchase (and reverse repurchase) agreements. To anticipate market changes and provide a level of security for all funds, the collateralization level will be 11oo/o of market value for non-negotiable certificate of deposit and 102% for reverse repurchase agreements of principal and accrued interest.
Collateral will always be held by an independent third party with whom the entity has a current custodial agreement. A clearly marked evidence of ownership (safekeeping receipt) must be supplied to the entity and retained.
The City may waive the collateralization requirements for any portion of the deposit that is covered by Federal Deposit lnsurance.
7 ffi City of Firebough- lnvestment Policy
12. Safekeeping and Custody
All security transactions shall be conducted on a delivery-versus-payment (DVP) basis.
Securities will be held by a third-party custodian designated by the Finance Director and evidenced by safekeeping receipts.
13. Diversification
The City shall diversify the investments within the portfolio to avoid incurring unreasonable risks inherent in over-investing in specific instruments, individual financial institutions, or maturities. To promote diversification, no more than 5% of the portfolio may be invested in the securities of any one issuer, regardless of security type, excluding U.S.
Treasuries, federal agencies, and pooled investments such as LAIF, money market funds, or local government investment pools.
14. Maximum Maturities
To the extent possible, the City of Firebaugh will attempt to match its investments with anticipated cash flow requirements. Unless matched to a specific cash flow, the City will not directly invest in securities maturing more than 5 years from the date of purchase.
Any investment of longer than 5 years must be done with advance permission from City Council.
15. lnternal Controls
The Finance Director is responsible for establishing and maintaining an internal control structure designed to ensure that the assets of the City of Firebaugh are protected from loss, theft, fraud, or misuse.
Separation of functions between the City Manager and Finance Director is designed to provide an ongoing internal review to prevent the potential for converting assets or concealing transactions.
lnvestment decisions are made by the Finance Director , executed by the Senior AccountanVAccountant, and confirmed by the City Manager.. All wire transfers initiated by the Finance Director must be reconfirmed by the appropriate financial institution to the City Manager. Proper documentation obtained from confirmation and cash disbursement wire transfers is required for each investment transaction. Timely bank reconciliation is conducted to ensure proper handling of all transactions.
The investment portfolio and all related transactions are reviewed and balanced into appropriate general ledger accounts by the Finance Director on a monthly basis. An independent analysis by an external auditor shall be conducted annually to review and perform procedure testing on the City's cash and investments that have a material impact on the financial statements. The Finance Director shall review and ensure compliance with investment process and procedures.
,fffi City of Firebough- lnvestment Policy 8
1 6. Performance Standards
The investment portfolio shall be designed with the objective of obtaining a rate of return throughout budgetary and economic cycles, commensurate with the investment risk constraints and the cash flow needs.
The City intends to spread its investments relatively evenly between 0 and 5 years and hold those investments to maturity. The City is limiting its authorized investments to the safest end of the investment spectrum-debt issued by the U.S. Treasury, U.S.
Government Agencies, and debt that is federally insured (see section 8.0 Authorized and Suitable lnvestments, above, for a complete list of authorized investments).
Therefore, an appropriate performance benchmark will be a Constant Treasury Maturity Rate consistent with the weighted average maturity of the portfolio. The City recognizes that benchmarks may change over time based on changes in market conditions or cash 1ow requirements. The selected benchmark shall be reviewed periodically and adjusted as needed to remain aligned with the City's investment objectives and evolving portfolio structure.
17. Reporting
The Finance Director shall review and render quarterly reports to the City Council that include the following information:
o lnvestment type (e.g., U.S. Treasury Note, U.S. Government Agency Bond) . Name of the issuer (e.g., Federal Farm Credit Bank, Federal Home Loan Bank) . Maturity date
o Yield to maturity
. Current market value and source of market value
o Par and dollar amount for each security the City has invested in . Par and dollar amount on any money held by the City (e.9., LAIF balance, Cash Balance).
The report shall also include a description of any of the City's funds, investments, or programs that are under the management of contracted parties, including lending programs.
The quarterly report shall state compliance of the portfolio with the investment policy, or manner in which the portfolio is not in compliance.
The quarterly report shall include a statement denoting the ability of the City to meet its expenditure requirements for the next six months or provide an explanation as to why sufficient money shall (or may not) be available.
The quarterly reports shall be placed on the City Council meeting agenda for its review and approval no laterthan 45 days afterthe quarter ends.-lf there are no Council meetings 9 iffi City of Firebough- lnvestment Policy
within the 45-day period, the quarterly report shall be presented to the Council at the soonest possible meeting thereafter.
18. lnvestment Policy Adoption
The City of Firebaugh investment policy shall be adopted by resolution of the City Council.
The policy shall be reviewed annually by the City Council and any modifications made thereto must be approved by the City Council.
The Finance Director shall establish written investment policy procedures for the operation of the investment program consistent with this policy. The procedures should include references to: safekeeping, master repurchase agreements, wire transfer agreements, banking service contracts, and collateral/depository agreements. Such procedures shall include explicit delegation of authority to persons responsible for investment transactions. No person may engage in an investment transaction except as provided under the terms of this policy and the procedures established by the City of Firebaugh.
19. Glossary of Terms in this Policy
Accrued lnterest: lnterest earned but not yet received
Annual Comprehensive Financial Report (ACFR): The official annual financial report for the City. lt includes five combined statements and basic financial statements for each individual fund and account group prepared in conformity with Generally Accepted Accounting Principles (GAAP).
Bond: A financial obligation for which the issuer promises to pay the bondholder a specified stream of future cash flows, including periodic interest payments and a principal repayment.
Bond Swap: Selting one bond issue and buying another at the same time in order to create an advantage for the investor. Some benefits of swapping may include taxdeductible losses, increased yields, and an improved quality portfolio.
Broker: ln securities, the intermediary between a buyer and a seller of securities. The broker, who usually charges a commission, must be registered with the exchange in which he or she is trading, accounting for the name registered representative.
Certificate of Deposit: A deposit insured up to $250,000 by the Federal Deposit lnsurance Corporation (FDIC) at a set rate for a specified period of time.
Collateral: Securities, evidence of deposit or pledges to secure repayment of a loan. Also refers to securities pledged by a bank to secure deposits of public money. ,.,:ffi, City of Firebaugh- lnvestment Policy 10
Constant Maturity Treasury (GMT): An average yield of a specific Treasury maturity sector for a specific time frame. This is a market index for reference to past direction of interest rates for the given Treasury maturity range.
Custody: A banking service that provides safekeeping for the individual securities in a customer's investment portfolio under a written agreement that also calls for the bank to collect and pay out income, to buy, sell, receive and deliver securities when ordered to do so by the Principal.
Delivery vs. Payment (DVP): Delivery of securities with a simultaneous exchange of money for the securities.
Diversification: Dividing investment funds among a variety of securities offering independent returns and risk profiles.
Federal Deposit lnsurance Gorporation (FDIC): lnsurance provided to customers of a subscribing bank that guarantees deposits to a set limit (currently $250,000) per account.
Interest Rate: The annual yield earned on an investment expressed as a percentage.
Liquidity: Refers to the ability to rapidly convert an investment into cash.
Market Value: The price at which a security is trading and could presumably be purchased or sold.
Maturity: The date upon which the principal or stated value of an investment becomes due and payable.
Portfolio: Collection of securities held by an investor.
Primary Dealer: A group of government securities dealers that submit daily reports of market activity and security positions held at the Federal Reserve Bank of New York and are subject to its informal oversight.
Purchase Date: The date on which a security is purchased for settlement on that or a later date.
Rate of Return: The yield obtainable on a security based on its purchase price or its current market price. This may be the amortized yield to maturity on a bond or the current income return.
Risk: Degree of uncertainty of return on an asset. Safekeeping: See Custody.
Settlement Date: The date on which a trade is cleared by delivery of securities against funds.
Time Deposit: A deposit in an interest-paying account that requires the money to remain on account for a specific length of time. While withdrawals can generally be made from a ffi City ol Firebaugh- lnvestment Policy 1I
passbook account at any time, other time deposits, such as certificates of deposit, are penalized for early withdrawal.
Treasury Obligations: Debt obligations of the U.S. Government that are sold by the Treasury Department in the forms of bills, notes, and bonds. Bills are short-term obligations that mature in one year or less. Notes are obligations that mature between one year and ten years. Bonds are long-term obligations that generally mature in ten years or more.
U.S. Government Agencies: lnstruments issued by various US Government Agencies most of which are secured only by the credit worthiness of the particular agency.
Yield: The rate of annual income return on an investment, expressed as a percentage. lt is obtained by dividing the current dollar income by the current market price of the security.
Yield to Maturity: The rate of income return on an investment, minus any premium or plus any discount, with the adjustment spread over the period from the date of purchase to the date of maturity of the bond, expressed as a percentage'
20. Glossary of General lnvestment Terms
Active Deposits: Funds that are immediately required for disbursement.
Amortization: An accounting practice of gradually decreasing (increasing) an asset's book value by spreading its depreciation (accretion) over a period of time.
Asked Price: The price a broker dealer offers to sell securities. Basis Point: One basis point is one hundredth of one percent (.01). Bid Price: The price a broker / dealer offers to purchase securities.
Book Entry Securities: Securities, such stocks held in "street name," that are recorded in a customer's account, but are not accompanied by a certificate. The trend is toward a certificate-free society to cut down on paperwork and to diminish investors' concerns about the certificates themselves. All the large New York City banks, including those that handle the bulk of the transactions of the major government securities dealers, now clear most of their transactions with each other and with the Federal Reserve through the use of automated telecommunications and the "book-entry" custody system maintained by the Federal Reserve Bank of New York. These banks have deposited with the Federal Reserve Bank a major portion of their government and agency securities holdings, including securities held for the accounts of their customers or in a fiduciary capacity for the City. Virtually all transfers for the account of the banks, as well as for the government securities dealers who are their clients, are now affected solely by bookkeeping entries.
The system reduces the costs and risks of physical handling and speeds up the completion of transactions.
ffi City of Firebough- lnvestment Policy 12
Book Value: The value at which a debt security is shown on the holder's balance sheet.
Book value is acquisition cost less amortization of premium or accretion of discount.
Bullet Bond: See "Non-callable Bond."
Callable Bond: A debit obligation where the bond issuer (i.e., borrower) has the option to cattthe bond or pay it off early (before the scheduled maturity date). For instance, a 5- year bond might be "callable quarterly"-meaning that, although the bond has a scheduled end date 5 years from now, it could end in 3 months (and every 3 months after that, until the scheduled maturity date).
Coupon: The annual rate of interest that a bond's issuer promises to pay the bondholder on the bond's face value.
Credit Analysis: A critical review and appraisal of the economic and financial conditions or of the ability to meet debt obligations.
Current Yield: The interest paid on an investment expressed as a percentage of the current price of the securitY.
Discount: The difference between the cost of a security and its value at maturity when quoted at lower than face value.
Duration: The weighted average maturity of a bond's cash flow stream, where the present value of the cash flows serve as the weights; the future point in time at which on average, an investor has received exactly half of the original investment, in present value terms; a bond's zero-coupon equivalent; the fulcrum of a bond's present value cash flow time line.
Fannie Mae: Trade name for the Federal National Mortgage Association (FNMA), a U.S. sponsored corporation.
Federal Reserve System: The central bank of the U.S. that consists of a seven-member Board of Governors, 12 regional banks and approximately 8,000 commercial banks that are members.
Fed Wire: A wire transmission service established by the Federal Reserve Bank to facilitate the transfer of funds through debits and credits of funds between participants within the Fed system.
Freddie Mac: Trade name for the Federal Home Loan Mortgage Corporation (FHLMC), a U.S. sponsored corPoration.
lnvestment Agreements: An agreement with a financial institution to borrow public funds subject to certain negotiated terms and conditions concerning collateral, liquidity, and interest rates.
ffi City of Firebough- lnvestment Policy 13
Nationally Recognized Statistical Rating Organizations (NRSRO): A U.S. Securities & Exchange Commission registered agency that assesses the creditworthiness of an entity or specific security. NRSRO typically refers to Standard and Poor's Ratings Services, Fitch Ratings, lnc., or Moody's lnvestors Services.
New lssue: Term used when a security is originally "brought" to market.
Non-callable Bond: AIso known as, "Bullet Bond." A non-callable bond is a debt obligation where the bond issuer does not have the option to "call the bond" i.e.-end the bond before the scheduled maturity date.
perfected Delivery: Refers to an investment where the actual security or collateral is held by an independent third party representing the purchasing entity.
Repurchase Agreement (REPO): A transaction where the seller (bank) agrees to buy back from the buyer (City) the securities at an agreed upon price after a stated period of time.
Reverse Repurchase Agreement (REVERSE REPO): A transaction where the seller (C1y) agrees to buy back from the buyer (bank) the securities at an agreed upon price after a stated Period of time.
Secondary Market: A market made for the purchase and sale of outstanding issues following the initial distribution.
yield Gurve: The yield on bonds, notes or bills of the same type and credit risk at a specific date for maturities up to thirty years'
,iffi City of Firebough- lnvestment Policy I4
PRELIMINARY SALARY BUDGET REPORT
TO:
FROM:
DATE:
SUBJECT:
Mayor Freddy Yaldez and Council Members
Pio Martin, Finance Director
May 4,2026
Preliminary Salary and Benefits Budget Report
Budget Report: Salaries and Benefits
This report outlines the projected expenditure for base salaries, mandatory taxes, retirement contributions, and health-related benefits.
Executive Summary
The total projected budget for salaries and benefits is $5,580,267 . This figure represents the complete cost of labor, including the city's commitment to competitive benefit packages and the fulfillment of pension obligations.
Key Analysis
. Retirement Obligations: Retirement-related costs (PERS Current and PERS Unfunded Liability) total $1,002,922,representing approximately 18"/o of the total personnel budget. . Medical Benefits: The city continues to subsidize a significant portion of employee health costs. While Dental is fully funded by the city, the Medical and Vision plans require a small cost-share from employees (20%o and l\Yo respectively). . Taxes and Worker Comp.: FICA and Workers' Compensation are fixed mandates that scale directly with the size of the workforce and total payroll.
This budget assumes cunent staffing levels. Any mid-year adjustments to headcount or significant changes in insurance premium rates may require a budget amendment.
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Expenditure Breakdown
ategory Amount otes
Salaries ,210,964 compensation for all staff.
CA 5,361
insurance contributions (Social
/Medicare).
(Current) 22,172
ployer share of active retirement
Unfunded Liability 80,750 uired payment toward pension fund gap. orkerst Compensation 02,264 for work-related inj uries. ical Premiums ,521 covers 80% of the total premium cost. tal Premiums 7,307 ty covers 100% of the total premium cost.
Premiums 13,089 covers 90Yo of the total premium cost.
Uniform Allowance I 1,680 for law enforcement.
cil Stipends
ll"
9,165 Compensation for elected city officials.
ll-'
otal Personnel Budget ,580,267
CITY OF FIREBAUGH
1133 "P" STREET
FIREBAUGH, CALIFORNIA 93622.25 47
(559) 659-2043
FAX (559) 659-3412
FRESNO COUNTY, CALIFORNIA
Vacant Land Fee Options
At the April 6,2026, Council Meeting, Council requested fee options for vacant land assessments for consideration. The purpose of these options is to evaluate potential revenue scenarios and support decision-making regarding equitable fee structures.
The following options are based on a total of 82 vacant land parcels . Option 1: $25 perparcel x 82: $21050
. Option 2: $50 per parcel x 82 : $4,100
. Option 3: $ 100 per parcel x 82 : $8'200
These three options are presented in response to Council's request and are intended to support discussion and direction on an appropriate vacant land fee structure.
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TO:
FROM:
DATE:
SUBJECT:
Mayor Freddy Yaldezand Council Members
Pio Martin, Finance Director
May 4, 2026
Information Report Regarding Consolidation of Telecommunication Services
PURPOSE
This report is in response to requests made by Council Member Brady Jenkins during the City Council meetings on April 6th and April 20th. The purpose is to provide an overview of the City's current telecommunications structure and address the feasibility of consolidating landlines, cellular setvices, and internet into a single provider.
CURRENT SERVICE PROVIDERS
Staff has conducted a review of existing accounts. Currently, the City utilizes a mix of AT&T and Comcast based on departmental needs, technical requirements, and historical pricing.
1. AT&T Services (Cellular & Internet)
AT&T is the primary provider for the City's wireless and City Hall internet needs. . Internet: City Hall utilizes AT&T (Account ATT09) for primary internet connectivity. . CellularAilireless: City Hall, Public Works, and the Police Department all utilize AT&T for cell phones and mobile hotspots.
. Account Management:
o City Hall and Public Works are combined under Account ATT08. o The Police Department is maintained under its own account, Account ATT07. o Note; Payments for these accounts are currently mailed separately. This is a deliberate measure to prevent previous recurring posting errors by AT&T, ensuring payments are credited to the correct department budgets.
2. Comcast Services (High-Speed Internet)
Certain departments utilize Comcast due to specialized requirements and cost-efficiency. . Police Department: Utilizes Comcast (Account COM04). This service is specifically required for integration with the Fresno County Sheriff s Department systems. . Fire Department: Utilizes Comcast (Account COMll). During the most recent procurement review, Comcast offered the most competitive pricing for the bandwidth required by the station.
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CONSOLIDATION ANALYSIS
While consolidating all services under one provider (e.g., exclusively AT&T or exclusively Comcast) could offer administrative simplicity, the following constraints exist:
1. Technical Mandates: The Police Department's reliance on Comcast is dictated by the Fresno County Sheriff s Department's technical specifications. Switching to another provider could compromise law enforcement data integration.
2. Cost Efficiency: As seen with the Fire Department, Comcast currently provides better value for certain fixed-location intemet services compared to AT&T's current offerings.
3. Billing Logistics: Due to the complexity of AT&T's billing systems, maintaining separate accounts for the Police Department (ATT07) and General City services (ATT08) ensures accounting accuracy and prevents payment misallocation.
CONCLUSION
At this time, staff has determined that a "one provider" solution is not feasible without sacrificing the specific technical requirements of our public safety departments or increasing costs for the Fire Department. We will continue to monitor contract expirations and regional infrastructure upgrades to look for future opportunities for streamlining.
FISCAL IMPACT
This report is for informational pu{poses only. There is no fiscal impact associated with this report. t -ta
-
DEPUTY CITY CLERK.HR
STAFF REPORT
To: Honorable Mayor and Members of the City Council
From: Rita Lozano, Deputy City Clerk/HR
Date: May 4.2026
Subject: Deputy City CitylAdministrative and HR Personnel Updates Overview
This report provides an update on current administrative projects and personnel-related activities.
Current Projects and Activities
Personnel Records Management and Employment Records:
Updated and maintained personnel files, including revisions to City offrcial records. Conducted routine preparation and filing of agendas and resolutions to ensure all records are current and compliant with City and State requirements. Assisted new hires with hiring packets, supported job recruitments, and responded to enrollment-related questions. Executed and distributed contracts pertain to city operations, grants, and agreements. Updated Employees for DMV records. Assisted with complaints. HR and Government Code research to address issues.
Public Requests and Administrative Support:
Assisted in respondingto 12 public records requests and provided administrative support for agenda preparation, meeting minutes, contracts, and related City Council documentation.
Training and Compliance:
Participated in the virtual meeting with the City Clerk's Roundtable and assisted with registering staff for additional professional development, conferences, flights, and compliance-related trainings.
Other Events Activities:
. Hosted the City Clerk Connection Meet-up meeting on April 16,2026. . Affended the following: Council Meetings April 6, 20 and2T,PlanningApril 13. Dept. Head Meetings, April 7, and 21.
. Participated in the virtual City Clerk's Department Legislative meeting. . Participated, scheduled, and prepared interviews for Police Chief, and Workforce Connection applicant.
. Training an applicant from Workforce Connection who is assisting me in the Offtce, Norma Nunez. . Working on updating all grant files and compliance posters. . Published, posted and mailed notices for six Public Hearing Notices and vicious dog hearing cases. a
a
a
a
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