Tuesday, December 2, 2025
Meeting Agenda
No Closed Session
Regular Meeting - 6:30 PM
HESPERIA CITY COUNCIL
SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY
HOUSING AUTHORITY
COMMUNITY DEVELOPMENT COMMISSION
WATER DISTRICT
City Council Chambers
9700 Seventh Ave., Hesperia CA, 92345
City Clerk's Office: (760) 947-1007
City Council Members
Allison Lee, Mayor
Cameron Gregg, Mayor Pro Tem
Brigit Bennington, Council Member
Chris Ochoa, Council Member
Josh Pullen, Council Member
Rachel Molina, City Manager
Pam K. Lee, City Attorney
Please join us for refreshments immediately following the council meeting to honor the outgoing and incoming Mayor.
NOTE: In compliance with the Americans with Disability Act, if you need special assistance to participate in this meeting, please contact the City Clerk’s Office at (760) 947-1007 or (760) 947-1026. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility.
To leave a Public Comment by phone, call and leave a recorded message at (760) 947-1026 up to 5:30 pm on the day of the scheduled meeting. City Council meetings may be viewed live or after the event on the City’s website at www.cityofhesperia.us.
December 2, 2025City Council Meeting Agenda
REGULAR MEETING AGENDA
HESPERIA CITY COUNCIL
SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY
HESPERIA HOUSING AUTHORITY
HESPERIA COMMUNITY DEVELOPMENT COMMISSION
HESPERIA WATER DISTRICT
9700 7th Avenue, Council Chambers, Hesperia, CA 92345
As a courtesy, please silence your cell phones and other electronic devices while the meeting is in session. Thank you.
Prior to action of the Council, any member of the audience will have the opportunity to address the legislative body on any item listed on the agenda, including those on the Consent Calendar.
Individuals wishing to speak during General Public Comments or on a particular numbered item must submit a speaker slip to the City Clerk with the agenda item noted. Speaker slips should be turned in prior to the public comment portion of the agenda or before an agenda item is discussed. Comments will be limited to three minutes for General Public Comments, Consent Calendar items and New Business items. Comments are limited to five minutes for Public Hearing items.
In compliance with the Brown Act, the City Council may not discuss or take action on non-agenda items or engage in question and answer sessions with the public. The City Council may ask brief questions for clarification; provide a reference to staff or other resources for factual information and direct staff to add an item to a subsequent meeting.
NO CLOSED SESSION
CALL TO ORDER - 6:30 PM
A. Invocation
B. Pledge of Allegiance to the Flag
C. Roll Call
Mayor Allison Lee
Mayor Pro Tem Cameron Gregg
Council Member Brigit Bennington
Council Member Chris Ochoa
Council Member Josh Pullen
D. Agenda Revisions and Announcements by City Clerk
E. Closed Session Reports by City Attorney
ANNOUNCEMENTS/PRESENTATIONS
1. Presentation to outgoing Mayor Allison Lee by Mayor Pro Tem Cameron Gregg.
December 2, 2025City Council Meeting Agenda
COUNCIL/BOARD REORGANIZATION
1. Election of Officers:
A.
Selection of the Mayor/Chair to serve for the City Council, Successor Agency to the Hesperia Community Redevelopment Agency, Community Development Commission, Housing Authority, Hesperia Fire Protection District and Hesperia Water District (term to expire at the first regular meeting held in December 2026).
B. Selection of the Mayor Pro Tem/Vice Chair to serve for the City Council, Successor Agency to the Hesperia Community Redevelopment Agency, Community Development Commission, Housing Authority, Hesperia Fire Protection District and Hesperia Water District (term to expire at the first regular meeting held in December 2026).
Staff Person: Assistant City Clerk Jessica Giber
SR Council/Board Reorganization 12-2-2025Attachments:
GENERAL PUBLIC COMMENTS (For items and matters not listed on the agenda) Individuals wishing to speak during General Public Comments or on a particular numbered item are requested to submit a speaker slip to the City Clerk with the agenda item noted. Speaker slips should be turned in prior to the public comment portion of the joint agenda or before an agenda item is discussed. Comments will be limited to three minutes for General Public Comments, Consent Calendar items and New Business items. Comments are limited to five minutes for Public Hearing items.
In compliance with the Brown Act, the City Council may not discuss or take action on non-agenda items or engage in question and answer sessions with the public. The City Council may ask brief questions for clarification; provide a reference to staff or other resources for factual information and direct staff to add an item to a subsequent meeting.
JOINT CONSENT CALENDAR
1. Consideration of the Draft Minutes from the Special Meeting held Tuesday, November 18, 2025.
Recommended Action:
It
is recommended that the City Council approve the Draft Minutes from the Special meeting held Tuesday, November 18, 2025.
Staff Person: Assistant City Clerk Jessica Giber
Draft CC Min 2025-11-18Attachments:
2. Warrant Run Report (City- Successor Agency- Housing Authority- Community Development Commission- Water)
Recommended Action:
December 2, 2025City Council Meeting Agenda
It is recommended that the Council/Board ratify the warrant run and payroll report for the City, Successor Agency to the Hesperia Community Redevelopment Agency, Hesperia Housing Authority, Community Development Commission, and Water District.
Staff Person: Assistant City Manager Casey Brooksher
SR Warrant Run 12-2-2025
Attachment 1 - Warrant Run
Attachments:
3. 2025-26 Statement of Investment Policy
Recommended Action:
It
is recommended that the Council/Board/Commission adopt Joint Resolution No. 2025-49, Successor Agency to the Hesperia Community Redevelopment Agency Resolution No.
SA 2025-02, Hesperia Housing Authority Resolution No. HHA 2025-07, Community Development Commission Resolution No. CDC 2025-01, Hesperia Fire Protection District Resolution No. HFPD 2025-04, and Hesperia Water District Resolution No. HWD 2025-16, approving the Fiscal Year 2025-26 Statement of Investment Policy.
Staff Person: Assistant City Manager Casey Brooksher
SR Statement of Investment Policy 12-2-2025
Attachment 1 - Statement of Investment Policy for FY 25-26 (clean) Attachment 2 - Statement of Investment Policy for FY 25-26 (track changes) Joint Resolution 2025-49
Attachments:
4. Annual 2026-27 Recognized Obligation Payment Schedule Recommended Action:
It
is recommended that the Successor Agency adopt Resolution No. SA 2025-01, approving the Annual 2026-27 Recognized Obligation Payment Schedule (ROPS), including the Successor Agency’s FY 2026-27 Administrative Budget, and authorizing staff to present the ROPS to the Oversight Board for its consideration and approval.
Staff Person: Assistant City Manager Casey Brooksher
SR Recognized Obligation Payment Schedule 12-2-2025
Resolution SA 2025-01
Attachment 2 - Exhibit A Annual ROPS 2026-27
Attachment 3 - Exhibit B FY 2026-27 Administrative Budget Attachments:
5. Consideration of Ji Vel Relief Services Veterinary Contract
December 2, 2025City Council Meeting Agenda
Recommended Action:
It
is recommended that the City Council authorize the City Manager to approve a one-year contract with Ji Vel Relief Veterinary Services in the not-to-exceed amount of $197,000, and to approve a one-year contract for Spay and Neuter, telemedicine, vaccination clinics, and premise permit services.
Staff Person: Assistant City Manager Casey Brooksher
SR Ji Vel Relief Services Veterinary Contract 12-2-2025Attachments:
CONSENT ORDINANCES
WAIVE READING OF ORDINANCES
Approve the reading by title of all ordinances and declare that said titles which appear on the public agenda shall be determined to have been read by title and further reading waived.
6. Adoption of Ordinance No. 2025-08 adopting the 2025 California Building Codes Recommended Action:
Place
on second reading and adopt by title waiving the text of Ordinance No. 2025-08, adopting changes to Hesperia Municipal Code Chapters 15.04; adopting and amending the following codes and their references: the 2025 California Building Code, the 2025 California Residential Code, the 2025 California Electrical Code, the 2025 California Mechanical Code, the 2025 California Plumbing Code, the 2025 California Fire Code, the 2025 California Green Building Standards Code, the 2025 California Referenced Standards Code, the 2025 California Energy Code, the 2025 California Historical Building Code, the 2025 California Administrative Code, the 2025 California Existing Building Code, the 2025 California Wildland-Urban Interface Code (all hereafter referenced as the Building Codes) and hold a public hearing regarding this matter on November 18, 2025 and continue the hearing to December 2, 2025.
Staff Person: Building Official Andrew Lemke
SR 2025 California Building Codes 11-18-2025
Ordinance 2025-08
Attachment 2 - Exhibit A Proposed Chapter 15.04 "Building Codes" Attachments:
7. Specific Plan Amendment SPLA25-00001 and revised Tentative Tract Map No. 18955 (TTR25-00002); Applicant: Silverwood Development; Area Affected:
Tapestry Specific Plan (referred to as Silverwood).
Recommended Action:
Place on second reading and adopt by title waiving the text of Ordinance No. 2025-09 and Resolution No. 2025-44, approving Specific Plan Amendment SPLA25-00001 and revised Tentative Tract Map No. 18955 (TTR25-00002), to
December 2, 2025City Council Meeting Agenda
amend the land use designation of multiple Planning Areas within the Tapestry Specific
Plan (referred to as Silverwood) and to make modifications to the lot layout for multiple Planning Areas under TTM No.18955.
Staff Person: Senior Planner Edgar Gonzalez
SR Specific Plan Amendment & Revised Tentative Tract Map 11-18-2025 Attachment 1 - Amended Land Uses
Attachment 2 - Silverwood Phase 1 (A, B & C) Map for reference Attachment 3 - Revised TTM No. 18955
Ordinance 2025-09
Resolution 2025-44
Attachment 6 - Exhibit A Conditions of Approval
Attachments:
NEW BUSINESS
8. Establishment of the Highway 395 Waterline Relocation Project as a Capital Improvement Project (CIP) and Appropriating of Funding for Waterline Upsizing Recommended Action:
It is recommended that the City Council and Board of Directors of the Water District:
1. Adopt Joint Resolution No. 2025-50 and Hesperia Water District Resolution No. 2025-17 amending the Fiscal Year (FY) 2025-26 Capital Improvement Budget by appropriating $250,000 to Water Capital Fund 701 (Fund 701); and
2. Approve the establishment of the Highway 395 Waterline Relocation Project as a Capital Improvement Project (CIP).
Staff Person: Director of Public Works/City Engineer Cassandra Sanchez SR HWY 395 Water Relocation and Upsizing 12-2-2025
Joint Resolution 2025-50
Attachments:
9. Traffic Cabinets Wrap Discussion
Recommendation Action:
It
is recommended that the City Council provide direction to staff on opportunities to implement a traffic cabinet wrap program throughout the city.
Staff Person: Public Relations Analyst Kelly Brady
SR Traffic Cabinets Wrap Discussion 12-2-2025
Attachment 1 - Hesperia Traffic Signals
Attachments:
COUNCIL COMMITTEE REPORTS AND COMMENTS
December 2, 2025City Council Meeting Agenda
The Council may report on their activities as appointed representatives of the City on various Boards and Committees and/or may make comments of general interest or report on their activities as a representative of the City.
CITY MANAGER/CITY ATTORNEY/STAFF REPORTS
The City Manager, City Attorney or staff may make announcements or reports concerning items of interest to the Council and the public.
ADJOURNMENT
I, Jessica Giber, Assistant City Clerk of the City of Hesperia, California do hereby certify that I caused to be posted the foregoing agenda on Wednesday, November 26, 2025 at 5:30 p.m. pursuant to California Government Code §54954.2.
_____________________________
Jessica Giber,
Assistant City Clerk
Documents produced by the City and distributed less than 72 hours prior to the meeting regarding items on the agenda will be made available in the City Clerk's Office during normal business hours.
REFRESHMENTS
Meeting attendees are invited to join us in the lobby after the meeting to honor the outgoing and incoming Mayor.
City of Hesperia
STAFF REPORT
DATE: December 2, 2025
TO: Mayor and Council Members
FROM: Rachel Molina, City Manager
BY: Melinda Sayre, Deputy City Manager/City Clerk
Jessica Giber, Assistant City Clerk
SUBJECT: Council/Board Reorganization
RECOMMENDED ACTION
It is recommended the City Council/Subsidiary Boards select their Mayor/Chair and Mayor Pro Tem/Vice Chair to serve for one year.
BACKGROUND
CA Government Code requires the installation of the Mayor and Mayor Pro Tempore at the first meeting in December. In March of 2010, the Council adopted the City Council Procedures Manual which outlined guidelines for the annual reorganization of the Council and set the term of office for the Mayor/Chair and Mayor Pro Tem/Vice Chair for one year following nomination.
ISSUES/ANALYSIS
The recommended action is in compliance with the Government Code requirements and the City Council adopted Council Procedures Manual.
CITY GOAL SUPPORTED BY THIS ITEM
Organizational Health - Foster a high performing organization that provides opportunities for professional growth.
FISCAL IMPACT
There is no fiscal impact associated with this item.
ALTERNATIVE(S)
1. Provide alternative direction to staff (Include alternatives if appropriate. This one should be last).
ATTACHMENT(S)
None
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City of Hesperia
Meeting Minutes – Draft
City Council
Tuesday, November 18, 2025 6:30 PM
REGULAR MEETING AGENDA
HESPERIA CITY COUNCIL
SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY
HESPERIA HOUSING AUTHORITY
HESPERIA COMMUNITY DEVELOPMENT COMMISSION
HESPERIA WATER DISTRICT
HESPERIA FIRE PROTECTION DISTRICT – SPECIAL MEETING
CLOSED SESSION – 5:15PM
Conference with Legal Counsel - Potential Litigation:
Government Code Section 54956.9(d)2
1.One (1) Case
Conference with Real Property Negotiators – Property Negotiations Government Code Section – 54956.8
1. Negotiating Parties: City of Hesperia and APN 0415-251-13, 0415-251-12, 0415-251-11, and 0407-232-07 Unde
r Negotiations: Price and Terms
Conference with Labor Negotiator
Government Code Section 54957.6
1. Negotiations between the City of Hesperia and the Teamsters Local 1932 with the City
's Negotiator.
CALL TO ORDER - 6:30 PM
A. Invocation
B. Pledge of Allegiance to the Flag
C. Roll Call
Present: 5 – Mayor Lee, Mayor Pro Tem Gregg, Council Member Bennington, Council Member Ochoa, and Council Mem
ber Pullen
City Council Chambers
9700 Seventh Ave.
Hesperia CA, 92345
D. Agenda Revisions and Announcements by City Clerk
E. Closed Session Reports by City Attorney
ANNOUNCEMENTS/PRESENTATIONS
1.Presentation to Cedar Middle School Teacher Sarah Allsman for coordinating a project for her students to support veterans through writing letters.
GENERAL PUBLIC COMMENTS (For items and matters not listed on the agenda) The following people commented:
Resident via voicemail
Bob Nelson
Frank Mitchell, III and Santos Lopez Jr.
Gina Whelan
JOINT CONSENT CALENDAR
A motion was made by Ochoa, seconded by Pullen that the Joint Consent Calendar be approved.
The motion carried by the following vote:
Aye: 5 - Lee, Gregg, Bennington, Ochoa, and Pullen
Nay: 0
1. Consideration of the Draft Minutes from
the Regular Meeting held Tuesday, November 4, 2025
Recommended Action:
It is recommended that the City Council approve the Draft Minutes from the Regular Meeting held Tuesday, November 4, 2025.
Sponsors: Assistant City Clerk Jess
ica Giber
2. Warrant Run Report (City - Successor Agency - Housing Authority - Community Development Commission - Water)
Recommended Action:
It is recommended that the Council/Board ratify the warrant run and payroll report for the City, Successor Agency to the Hesperia Communit
y Redevelopment Agency, Hesperia Housing Authority, Community Development Commission, and Water District.
Sponsors: Assistant City Manager Casey Brooksher
3. Treasurer’s Cash Report for the unaudited period ended September 30, 2025 Recommended Action:
It is recommended that the Council/Board accept the Treasurer’s Cash Report for the City, Successor Agency to the Hesperia Communit
y Redevelopment Agency, Hesperia Housing Authority, Community Development Commission, and Water District.
Sponsors: Assistant City Manager Casey Brooksher
4. Second Amendment to Professional Services Agreement with Willdan Engineering for Building Inspector Contract Services
Recommended Action:
It is recommended that the City Council authorize the City Manager to approve an amendment of $230,300 to the
existing contract with Willdan Engineering for a revised not-to-exceed amount of $488,300 for building inspector contract services.
Sponsors: Building Official Andrew Lemke
5. One-Year Maintenance and Licensing Agreement with Xentegra Recommended Action:
It is recommended that the City Council authorize the City Manager to enter into a one-year agreement with Xentegra in
an amount not to exceed $70,041 to provide licensing, maintenance, and support for the City’s backup Infrastructure.
Sponsors: Deputy Human Resources/Information Technology Director Rita Perez
PUBLIC HEARING
6. Adoption of Ordinance No. 2025-08 adopting the 2025 California Building Codes Recommended Action:
It is recommended that the City receive Ordinance No. 2025-08, adopting changes to Hesperia Municipal Code Chapters
15.04; adopting and amending the following codes and their references: the 2025 California Building Code, the 2025 California Residential Code, the 2025 California Electrical Code, the 2025 California Mechanical Code, the 2025 California Plumbing Code, the 2025 California Fire Code, the 2025 California Green Building Standards Code, the 2025 California Referenced Standards Code, the 2025 California Energy Code, the 2025 California Historical Building Code, the 2025 California Administrative Code, the 2025 California Existing Building Code, the 2025 California Wildland-Urban Interface Code (all hereafter referenced as the Building Codes) and hold a public hearing regarding this matter on November 18, 2025 and continue the hearing to December 2, 2025.
Sponsors: Building Official Andrew Lemke
A motion was made by Ochoa, seconded by Bennington, that item 6 be approved. The motion carried by the following vote:
Aye: 5 - Lee, Gregg, Bennington, Ochoa and Pullen
Nay: 0
7. Specific Plan Amendm
ent SPLA25-00001 and revised Tentative Tract Map No. 18955 (TTR25-00002); Applicant: Silverwood Development; Area Affected: Tapestry Specific Plan (referred to as Silverwood).
Recommended Action:
It is recommended that the City Council introduce and place on first reading Ordinance No. 2025-09 and Resolution No. 2025-44,
approving Specific Plan Amendment SPLA25-00001 and revised Tentative Tract Map No. 18955 (TTR25-00002), to amend the land use designation of multiple Planning Areas within the Tapestry Specific Plan (referred to as Silverwood) and to make modifications to the lot layout for multiple Planning Areas under TTM No.18955.
Sponsors: Senior Planner Edgar Gonzalez
A motion was made by Gregg, seconded by Pullen, that item 7 be approved. The motion carried by the following vote:
Aye: 5 - Lee, Gregg, Bennington, Ochoa and Pullen
Nay: 0
NEW BUSINESS
8. Fiscal Year 2025-26 First Quarter Budget Review
Recommended Action:
It is recommended that the City Council and Board of Directors of the Hesperia Water District receive and file the Fisc
al Year (FY) 2025-26 First Quarter Budget Review, and the following resolutions, amending the FY 2025-26 Budgets for the City of Hesperia, and the Hesperia Water District, be approved:
1)City of Hesperia Resolution No. 2025-47
2)Hesperia Water District HWD No. 2025-15
In addition, it is recommended that the City Council and Board of Directors of the Hesperia Housing Authority (HHA) and Hesperia Water District (HWD) adopt Joint Resolution No. 2025-39, HHA 2025-05, HWD 2025-10 approving the Corrected and Revised Combined Compensation Schedule and Joint Resolution No. 2025-45, HHA 2025-06, and HWD 2025-14 approving the City’s Non-Represented Compensation Benefit Plan Section 9.
Sponsors: Assistant City Manager Casey Brooksher
A motion was made by Bennington seconded by Pullen, that this item be approved. The motion carried by the following vote:
Aye: 5 - Lee, Gregg, Bennington, Ochoa and Pullen
Nay: 0
9. Food Bank Dona tion Discussion
Recommend
ed Action:
It is recommended that the City Council discuss and provide staff direction regarding a donation of funds to a local food bank(s).
Sponsors: Assistant to the City Manager Tammy Pelayes
Robert Davie commented on this item.
A substitute motion was made by Gregg, seconded by Lee, to direct staff to bring back a staff report as well
as a plan for the expenditure of funds in emergency circumstances or contingency circumstances related to food banks, government shutdowns and other types of emergencies.
The motion carried by the following vote:
Aye: 5 - Lee, Gregg, Bennington, Ochoa, and Pullen
Nay: 0
A motion was made by Ochoa to fund $10,000 to Holy Family Food Bank. The motion failed for a lack of a second.
COUNCIL COMMITTEE REPORTS AND COMMENTS
The Mayor, Mayor Pro Tem, and Council Members reported on various events and Committees.
CITY MANAGER/CITY ATTORNEY/STAFF REPORTS
No comments
ADJOURNMENT
The meeting was adjourned at 8:08 p.m.
_____________________________
Jessica Giber, Assistant City Clerk
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City of Hesperia
STAFF REPORT
DATE: December 2, 2025
TO: Mayor and Council Members
City Council, as Successor Agency to the Hesperia Community Redevelopment Agency
Chair and Commissioners, Hesperia Housing Authority
Chair and Commissioners, Community Development Commission Chair and Board Members, Hesperia Water District
FROM: Rachel Molina, City Manager
BY: Casey Brooksher, Assistant City Manager
Keith Cheong, Senior Accountant
Verenise Fierros, Accountant
SUBJECT: Warrant Run Report (City – Successor Agency – Housing Authority – Community Development Commission – Water)
RECOMMENDED ACTION
It is recommended that the Council/Board ratify the warrant run and payroll report for the City, Successor Agency to the Hesperia Community Redevelopment Agency, Hesperia Housing Authority, Community Development Commission, and Water District.
BACKGROUND
The Warrant Run totals represented below are for th e period October 25, 2025 through November 7, 2025.
CITY GOAL SUPPORTED BY THIS ITEM
Financial Health – Maintain a balanced budget and adequate reserves.
ATTACHMENT(S)
1. Warrant Runs
Agency/District Accounts Payable Payroll Wires Totals
City of Hesperia $464,217.36 $317,156.86 $0.00 $781,374.22 Successor Agency 0.00 0.00 0.00 0.00
Housing Authority 0.00 159.89 0.00 159.89
Community Development Commission 0.00 0.00 0.00 0.00
Water 581,096.81 161,235.53 0.00 742,332.34
Totals $1,045,314.17 $478,552.28 $0.00 $1,523,866.45
YEAR-TO PRIOR FY YTD
W/E W/E WARRANT DATE DATE
FUND # FUND NAME 10/31/2025 11/7/2025 TOTALS Wires TOTALS * TOTALS Accounts Payable
100 GENERAL 119,942.76$ 39,342.59$ 159,285.35$ -$ 14,917,303.07$ 14,951,490.11$ 105 PENSION OBLIGATION TRUST -$ -$ -$ -$ -$ -$
106 OPEB TRUST -$ -$ -$ -$ -$ -$
110 SILVERWOOD -$ -$ -$ -$ 56,192.50$ 9,684.16$ 200 HESPERIA FIRE DISTRICT -$ -$ -$ -$ -$ -$
204 MEASURE I - RENEWAL 2,700.00$ 33,674.36$ 36,374.36$ -$ 393,752.63$ 13,687.41$ 207 LOCAL TRANSPORT-SB 325 -$ -$ -$ -$ -$ -$
209 GAS TAX-RMRA -$ -$ -$ -$ 1,976.49$ -$
210 HFPD (PERS) -$ -$ -$ -$ 1,896,318.00$ 1,755,819.00$ 241 CFD 2021-1 Resid Maint. & Serv -$ -$ -$ -$ 1,265.00$ 640.00$ 242 CFD 2022-1 Non-Resd Maint & Serv -$ -$ -$ -$ 1,913.00$ 640.00$ 243 CFD 2023-1 Silverwood Maint -$ -$ -$ -$ 1,992.00$ 640.00$ 251 CDBG 14,060.60$ 8,521.50$ 22,582.10$ -$ 306,499.94$ 2,668,922.09$ 254 AB2766 - TRANSIT -$ -$ -$ -$ -$ -$
255 AB3229 SUPPLEMENTAL LAW -$ -$ -$ -$ -$ -$
256 ENVIRONMENTAL PROGRAMS GRANT 31.62$ 40.00$ 71.62$ -$ 24,217.72$ 19,422.51$ 262 SB 1383 LOCAL ASSISTANCE GRANT -$ -$ -$ -$ 108,487.08$ -$ 263 STREETS MAINTENANCE 31,281.48$ 7,709.65$ 38,991.13$ -$ 736,524.86$ 687,552.37$ 300 DEV. IMPACT FEES - STREET -$ -$ -$ -$ -$ 34,379.75$ 301 DEV. IMPACT FEES - STORM DRAIN -$ 13,002.20$ 13,002.20$ -$ 16,725.82$ 10,000.00$ 306 DEV. IMPACT FEES - 2018-STREETS -$ -$ -$ -$ 342,406.89$ 849,790.45$ 307 DIF 2018-DRAINAGE FACILITIES -$ -$ -$ -$ 26,353.00$ -$ 309 DIF 2018-CITY HALL FACILITIES -$ -$ -$ -$ -$ -$ 312 DIF 2018-POLICE FACILITIES -$ -$ -$ -$ -$ -$
313 DIF A-04 DRAINAGE -$ -$ -$ -$ -$ 498.79$
402 WATER RIGHTS ACQUISITION -$ -$ -$ -$ 1,125,308.97$ 1,664,308.80$ 403 2013 REFUNDING LEASE REV BONDS -$ -$ -$ -$ -$ -$ 404 2023 REFUNDING LEASE REV BONDS -$ -$ -$ -$ 574,779.98$ -$ 504 CITY WIDE STREETS - CIP -$ -$ -$ -$ 242,480.81$ 2,603,732.05$ 509 CITY FACILITIES CIP -$ -$ -$ -$ -$ -$
800 EMPLOYEE BENEFITS 29,771.05$ 161,837.79$ 191,608.84$ -$ 3,635,730.80$ 3,452,954.62$ 801 TRUST/AGENCY 400.00$ 1,901.76$ 2,301.76$ -$ 1,005,126.59$ 521,963.01$ 802 AD 91-1 AGENCY -$ -$ -$ -$ -$ -$
804 TRUST-INTEREST BEARING -$ -$ -$ -$ 1,113.10$ 41,105.51$ 807 CFD 2005-1 -$ -$ -$ -$ 1,154,368.67$ 1,029,920.47$ 808 HFPD (TRANSITION) -$ -$ -$ -$ 335,635.00$ 317,435.02$ 815 PLAN REVIEW TRUST - FRONTIER -$ -$ -$ -$ -$ -$ CITY 198,187.51$ 266,029.85$ 464,217.36$ -$ 26,906,471.92$ 30,634,586.12$ 163 REDEVELOP OBLIG RETIREMENT-2018 -$ -$ -$ -$ 6,784,043.96$ 7,922,197.73$ SUCCESSOR AGENCY -$ -$ -$ -$ 6,784,043.96$ 7,922,197.73$ 370 HOUSING AUTHORITY -$ -$ -$ -$ 6,579.77$ 7,073.81$ HOUSING AUTHORITY -$ -$ -$ -$ 6,579.77$ 7,073.81$ 170 COMMUNITY DEVELOPMENT COMMISSION -$ -$ -$ -$ -$ -$ COMMUNITY DEVELOPMENT COMMISSION -$ -$ -$ -$ -$ -$ 700 WATER OPERATING 18,285.45$ 66,113.13$ 84,398.58$ -$ 13,050,089.62$ 4,500,945.02$ 703 WATER CAPITAL REHAB AND REPLACE -$ -$ -$ -$ 206,832.53$ -$ 705 WATER PENSION OBLIGATION TRUST -$ -$ -$ -$ -$ 750,000.00$ 701 WATER CAPITAL -$ -$ -$ -$ 1,006,589.00$ 16,473.00$ 710 SEWER OPERATING 470,313.41$ 1,078.11$ 471,391.52$ -$ 7,968,085.12$ 2,291,680.69$ 711 SEWER CAPITAL 23,720.00$ -$ 23,720.00$ -$ 840,646.65$ 1,067,627.44$ 720 RECLAIMED WATER OPERATIONS 1,586.71$ -$ 1,586.71$ -$ 16,268.62$ 29,163.00$ WATER 513,905.57$ 67,191.24$ 581,096.81$ -$ 23,088,511.54$ 8,655,889.15$ ACCOUNTS PAYABLE TOTAL 712,093.08$ 333,221.09$ 1,045,314.17$ -$ 56,785,607.19$ 47,219,746.81$ REG. PAYROLL
City -$ 317,156.86$ 317,156.86$ -$ 2,896,318.11$ 2,819,335.74$ Housing Authority -$ 159.89$ 159.89$ -$ 1,443.45$ 2,029.21$ Water -$ 161,235.53$ 161,235.53$ -$ 1,450,857.59$ 1,357,548.80$ PAYROLL TOTAL -$ 478,552.28$ 478,552.28$ -$ 4,348,619.15$ 4,178,913.75$ City of Hesperia
WARRANT RUNS
10/25/2025-11/7/2025
Attachment 1
City of Hesperia
STAFF REPORT
DATE: December 2, 2025
TO: Mayor and Council Members
City Council, as Successor Agency to the Hesperia Community Redevelopment Agency
Chair and Board Members, Hesperia Housing Authority
Chair and Commissioners, Community Development Commission Chair and Board Members, Hesperia Fire Protection District Chair and Board Members, Hesperia Water District
FROM: Rachel Molina, City Manager
BY: Casey Brooksher, Assistant City Manager
Marc Morales, Senior Accountant
SUBJECT: 2025-26 Statement of Investment Policy
RECOMMENDED ACTION
It is recommended that the Council/Board /Commission adopt Joint Resolution No. 2025-49, Successor Agency to the Hesperia Community Redevelopment Agency Resolution No.
SA 2025-02, Hesperia Housing Authority Resolution No. HHA 2025-07, Community Development Commission Resolution No. CDC 2025-01, Hesperia Fire Protection District Resolution No. HFPD 2025-04, and Hesperia Water District Resolution No. HWD 2025-16, approving the Fiscal Year 2025-26 Statement of Investment Policy.
BACKGROUND
The City Treasurer is authorized to invest public funds in accordance with California Government Code (CGC) Sections 53600 et seq. and 5922(d). The Statement of Investment Policy (Policy) that guides the investment activity of the City, Successor Agency to the Hesperia Redevelopment Agency, Hesperia Housing Authority, Community Development Commission, Fire Dist rict, and Water District was adopted by the City Council consistent with CGC Section 53646, and any changes to the Policy are considered by the Council on an annual basis . The external auditors of the Council/Agency/Authority/Commission/ Districts also rev iew the Statement of Investment Policy during the annual financial audit process.
ISSUES/ANALYSIS
During the past year, all funds under the control of the City Treasurer that were not required for the immediate cash flow needs of the City, or were otherwise invested in accordance with bond indentures and trust agreements, were placed with the State Local Agency Investment Fund (LAIF). The quarterly interest rates on funds invested with LAIF for the last four fiscal years are provided on the following page.
Staff Report to the City Council, Chair, and Board Members 2025-26 Statement of Investment Policy
December 2, 2025
Fiscal Year (FY) 2024-25 LAIF interest rates had a similar rate of return compared to short-term investments (three-month maturity) of similar safety rating as demonstrated in the following chart provided from the Federal Reserve:
US Government Securities Rate of Interest with a three - month maturity per the Federal Reserve System
An advantage of investing in LAIF is that the funds are available same day, based upon the cash management needs of the City. LAIF is part of the Pooled Money Investment Account that was created by statue and is governed by a five -member board , which is chaired by the State Treasurer. Under Government Code Section 16429.3, funds deposited are precluded from being transferred or seized by any State agency. The FY 202 5-26 Budget contains an estimated average interest rate of 4.0%. Due to grant and reimbursement -funded construction projects included in the FY 2025-26 Budget, such as the Ranchero Road Widening and Aqueduct Crossing projects, the ability to draw funds same day (free of penalties) for payment of peak cash flow obligations is important in the City’s ability to effectively manage cash for City operations. For this reason, continued investments with LAIF is recommended , as the City’s ability to withdraw immediately available funds is essential.
Consistent with Government Code 53600.5, the City’s primary objective is to safeguard the principal of the funds under its control, with a secondary objective of meeting the liquidity needs of the organization, and a tertiary objective of achieving return on invested funds. As such, during FY 2025-26, staff will continue to monitor LAIF performance, while also evaluating the potential incorporation of other investment options that may offer higher yields, without compromising on safety and liquidity. Potential viable options that can maintain safety and liquidity , along wit h enhancing return will be presented to the City Council in the future for consideration.
The Association of Public Treasurers of the United States and Canada Model Investment Policy, as well as the California Local Agency Inve stment Guidelines, were models used to guide the Policy. Further, the 2025 Local Agency Investment Guidelines (LAIG), as presented by the California Debt and Investment Advisory Commission, have been reviewed in order to identify statutory changes arising from the 2024 Legislative session for inclusion in the annual update to the Policy. The summary of statutory changes referenced Chapter 239, Statues of 2024 (AB 2618) which amended Government Code section 53601.8 to extend the date of the current portfolio concentration limit of 50% for surplus funds that local agencies invest in depository institutions that use a private sector entity to assist in the placement of deposits until January 1, Interest Rate September December March June Annual Averages Fiscal Year 2021-22 0.24% 0.23% 0.32% 0.75% 0.39%
Fiscal Year 2022-23 1.35% 2.07% 2.74% 3.15% 2.33%
Fiscal Year 2023-24 3.59% 4.00% 4.30% 4.55% 4.11%
Fiscal Year 2024-25 4.71% 4.62% 4.48% 4.40% 4.55%
Federal
Interest Rate September December March June Annual Averages Fiscal Year 2021-22 0.05% 0.05% 0.31% 1.11% 0.38%
Fiscal Year 2022-23 2.75% 4.19% 4.78% 5.27% 4.25%
Fiscal Year 2023-24 5.54% 5.52% 5.45% 5.47% 5.50%
Fiscal Year 2024-25 5.23% 4.58% 4.34% 4.44% 4.65%
Staff Report to the City Council, Chair, and Board Members 2025-26 Statement of Investment Policy
December 2, 2025
2031. On January 1, 2031, the provisions of the bill would return the portfolio limitations of cities, districts, and agencies back to 30% of the agency’s surplus funds. In addition, the amended code section also requires the California Debt and Investment Advisory Commission on or before January 1, 2030, to submit a report to the Legislature on the deposit of funds by local agencies .
These changes did not impact the City’s investment policy.
Since there were no relevant changes as referenced above, the dates referenced in the Policy have been updated to reflect that the Policy has been reviewed for any potential impact in statutory changes. The date changes to the P olicy are as shown in a “track changes” version (Attachment 2) of the draft Statement of Investment Policy for Fiscal Year (FY) 2025-26. The date changes have also been included in the “clean” version (Attachment 1) of the FY 2025-26 Policy and are recommended for approval.
CITY GOAL SUPPORTED BY THIS ITEM
Financial Health – Maintain a balanced budget and adequate reserves.
FISCAL IMPACT
Adoption of the Statement of Investment Policy has no direct financial impact on the City’s Budget.
ALTERNATIVE(S)
1. Failure to adopt a n update to the Statement of Investment Policy could result in an audit exception, as the Policy indicates the need for an annual review and approval by the City Council.
2. Provide alternative direction to staff.
ATTACHMENT(S)
1. Statement of Investment Policy for FY 2025-26 (clean)
2. Statement of Investment Policy for FY 2025-26 (track changes)
3. Joint Resolution No. 2025-49, SA 2025-02, HHA 2025-07, CDC 2025-01, HFPD 2025-04, and HWD 2025-16
Council Meeting: 12/2/2025
i
Attachment #1
City of Hesperia
STATEMENT
OF
INVESTMENT
POLICY
FISCAL YEAR 2025-26
ii
TABLE OF CONTENTS
I. POLICY ................................ ................................ ................................ ................... 1
II. SCOPE ................................ ................................ ................................ .................... 1
III. PRUDENCE ................................ ................................ ................................ ............ 1
IV. OBJECTIVE ................................ ................................ ................................ ............. 2
V. MAXIMUM MATURITIES ................................ ................................ ......................... 3
VI. PERFORMANCE STANDARDS ................................ ................................ .............. 3
VII. DELEGATION AND GRANTS OF AUTHORITY ................................ ...................... 3
VIII. INVESTMENT COMMITTEE ................................ ................................ ................... 3
IX. ETHICS AND CONFLICT OF INTEREST ................................ ................................ 4
X. SAFEKEEPING AND CUSTODY AGREEMENTS ................................ ................... 4
XI. INTERNAL CONTROLS ................................ ................................ .......................... 4
XII. FINANCIAL REPORTING ................................ ................................ ........................ 4
XIII. AUTHORIZED FINANCIAL DEALERS & INSTITUTIONS ................................ ........ 5
XIV. COLLATERAL REQUIREMENTS ................................ ................................ ............ 5
XV. AUTHORIZED AND ACCEPTABLE INVESTMENTS ................................ ............... 5
XVI. PROHIBITED INVESTMENTS ................................ ................................ ............... 10
XVII. LEGISLATIVE CHANGES ................................ ................................ ..................... 10
XVIII. INTEREST EARNINGS ................................ ................................ ......................... 10
XIX. LIMITING MARKET VALUE EROSION ................................ ................................ .. 10
XX. PORTFOLIO MANAGEMENT ACTIVITY ................................ ............................... 11
XXI. INVESTMENT POLICY REVIEW ................................ ................................ ........... 11
XXII. INDEMNIFICATION OF INVESTMENT OFFICIALS ................................ .............. 12
GLOSSARY ................................ ................................ ................................ ........... 13
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CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
1 I. POLICY
This Statement of Investment Policy while conforming to all applicable statutes at the time of adoption is intended to provide guidelines under the “prudent investor” rule, for the investment of public funds, and outline the policies for maximizing the effectiveness and efficiency of Hesperia’s cash managemen t system. The goal is twofold: one is to enhance the economic status of Hesperia while pr eserving its capital resources ; the second is to provide guidelines for authorized investments.
II. SCOPE
The City Treasurer is authorized to invest public funds in accordance with California Government Code (CGC) Sections 53600 et seq. and 5922 (d). This investment policy applies to all financial assets and investment activities of the City of Hesperia and includes, but is not limited to, the following funds:
General Fund
Special Revenue Funds
Debt Service Funds
Capital Project Funds
Enterprise Funds
Agency Fund
Any new fund, unless specifically exempted
This policy, however, specifically excludes employees’ retirement, pension and deferred compensation funds. Additionally, moneys held by a trustee or fiscal agent shall be governed by CGC Sections 53601 (m) and 5922 (d).
III. PRUDENCE
All moneys entrusted to the City Treasurer will be pooled in an actively managed portfolio. The City of Hesperia shall participate in standards within the content of the Standard as set forth in CGC Section 53600.3 which states in part:
“When investing, reinvesting, purchasing, acquiring, exchanging, selling and managing public funds, a trustee shall act with care; skill and prudence and diligence under the circumstances then prevailing, that a prudent investor acting in 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.”
Section 53600.3 of the government code declares each person, treasurer, or governing body authorized to make investment decisions on behalf of local agencies to be a trustee, and therefore, a fiduciary subject to the prudent investor standard. These persons shall act with care, skill and diligence under the circumstances then prevailing when investing, reinvesting, purchasing, acquiring, exchanging, selling, and managing funds. Section 53600.5 further stipulates that the primary objective of any person investing funds is to safeguard principal; secondly, to meet liquidity needs; and lastly, to achieve a return or yield on invested funds.
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STATEMENT OF INVESTMENT POLICY
2 IV. OBJECTIVE
The City’s treasury management system is designed to monitor and forecast expenditures and revenues, thus enabling the City to invest funds to the fullest extent possible. The City attempts to obtain the highest yield available, while investments meet the criteria established for safety, liquidity, and yield, in that order of priority.
A. SAFETY
Safety of principal is the foremost objective of the City of Hesperia . Each investment transaction shall seek to ensure capital losses are avoided, whether from securities default, rating downgrades, broker-dealer defaults, or erosion of market value. The City of Hesperia shall seek the preservation of capital by mitigati ng two types of risk: credit risk and market risk.
1. Credit risk is the risk of loss due to failure of the issuer and is mitigated by investing in safe securities, and diversifying the investment portfolio so the failure of any one issuer would not materially affect the cash flow of the City.
2. Market risk is the risk of market value fluctuations due to changes in the general level of interest rates, and shall be mitigated by limiting the average maturity of the City’s investment portfolio to three and one -half years, and the maximum maturity of any one security to five years. Market risk shall also be mitigated by structuring the portfolio so maturing securities matc h cash outflows, eliminating the need to sell securities prior to their maturity, and to avoid taking positions in securities for the purpose of selling those securities within a short period of time in order to realize a short term profit. It is recognized that within a diversified portfolio, occasional measured losses are inevitable, and must be considered within the context of the overall return on the investment.
B. LIQUIDITY
The City of Hesperia’s investment portfolio will remain satisfactorily liqu id to enable the City to meet all anticipated and operating cash flow requirements.
C. MATURITY MATRIX
Maturities of investments will be selected based on liquidity requirements in order to minimize interest rate risk and maximize earnings. Current and expected yield curve analysis will be monitored, and the portfolio will be invested accordingly. As a general investment guideline, the following percentages of the pooled portfolio should be utilized in the investment maturity sectors:
Maturity Range Suggested Percentage Less than 1 year 0 to 100%
1 - 3 years 0 to 50%
3 - 5 years 0 to 50%
D. DIVERSIFICATION
The City of Hesperia’s investment pool will be diversified to avoid incurring unreasonable and avoidable risks. The investments will be diversified by security type and institution.
Regarding specific security types indicated in Section XV of this Inves tment Policy, no more than 10% of the City’s portfolio will be placed with any single private financial institution.
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3 E. RETURN ON INVESTMENTS
The City of Hesperia’s investment portfolio shall be designed to attain a market rate of return throughout economic cycles. Whenever possible with respect to budgetary and cash flow requirements, and consistent with risk limitations and prudent investment principles, the City Treasurer shall seek to augment returns above the market rate of return.
V. MAXIMUM MATURITIES
The City of Hesperia will match its investments with anticipated cash flow requirements.
Per California Government Code Sections 53601 et seq., maximum maturities shall not exceed five (5) years. An investment’s term or remaining maturity sha ll be measured from the settlement date to final maturity. A security purchased in accordance with this section shall not have a forward settlement date exceeding 45 days from the time of investment. The average maturity of funds should not exceed 1,275 days (3.5 years), and the cash flow requirements shall prevail at all times.
VI. PERFORMANCE STANDARDS
The City’s investment portfolio will be designed to obtain a market average rate of return during budgetary and economic cycles, taking into account t he City of Hesperia’s investment risk constraints and cash flow requirements.
The City of Hesperia will operate in an active capacity in the investment strategy. The benchmark to be used by the City Treasurer to determine whether market yields are achieved shall be the State of California Local Agency Investment Fund (L.A.I.F.).
VII. DELEGATION AND GRANTS OF AUTHORITY
Management responsibility for the investment program is delegated to the City Treasurer (Assistant City Manager ) who shall establish written procedures and policies for the operation of the investment program consistent with this investment policy.
No person shall engage in an investment transaction except as provided under the terms of this policy and the procedures established by the City Treasurer. The procedures established by the City Treasurer shall contain internal accounting controls specifying delegation and grants of authority for the verification and recording of investment transactions to regulate the activities of subordinate representatives.
In the absence of the City Treasurer, the authority to direct investment transactions affecting City moneys will be restricted to the Deputy Finance Director as to maturity, investment instrument, and dollar size of the investment.
VIII. INVESTMENT COMMITTEE
The City of Hesperia City Council shall act as the investment committee consisting of five (5) Council members to include the Mayor and four (4) Council Members as elected by the people; to provide general oversight and guidanc e concerning the investment policy related to the management of the City’s investment pool. The committee shall meet monthly to review the Treasurer’s Cash Report.
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4 IX. ETHICS AND CONFLICT OF INTEREST
The City Treasurer and all investment personnel shall refrain from personal business activity which could create a conflict with proper execution of the investment program, or which could impair the ability to execute impartial investment decisions. The C ity Treasurer and all investment personnel shall disclose to the City Attorney any material financial interests in financial institutions that conduct business within the jurisdiction, and shall disclose any material financial investment positions that cou ld be related in a conflicting manner to the performance of the City of Hesperia’s investment portfolio.
The City Treasurer shall complete on an annual basis, State of California Form 721, Statement of Economic Interests Disclosure.
X. SAFEKEEPING AND CUSTODY AGREEMENTS
To protect against potential losses caused by collapse of individual securities dealers, all securities owned by the City shall be kept in safekeeping by a third party bank trust department, acting as agent for the City under the terms of a custody agreement executed by the bank and the City. All securities will be received and delivered using standard delivery versus payment procedures with the City’s custodial bank, and evidenced by safekeeping receipts. Custodial statements are reconciled to transaction schedules by the Deputy Finance Director on a monthly basis.
XI. INTERNAL CONTROLS
Separation of duties among the employees involved in investment activities are designed to provide an ongoing internal review to prevent the potenti al for converting assets or concealing transactions.
Proper documentation obtained from confirmation and cash disbursement wire transfers is required for each investment transaction. Timely bank reconciliations are conducted to ensure proper handling of all transactions.
The investment portfolio and all related transactions are reviewed and balanced to appropriate general ledger accounts on a monthly basis.
An independent analysis by an external auditor shall be conducted annually to review internal control, account activity, and compliance with policies and procedures.
XII. FINANCIAL REPORTING
Under provision of Section 53646 of the California Government Code, the City Treasurer may render a quarterly or monthly report to the City Council, providing the type of investment, financial institution from which the investment was purchased, the date of maturity, the date upon which the investment becomes subject to redemption provisions, amount (to include both par and book value) of the investment, and the current market value of all investments. The report shall also include the source of the market value.
Additionally, the report shall also include the rate of interest, accrued interest earned, the amortized portion of the investment purchased at a premium or discount, and other data so required by the City Council or by amendment to the above section of California Government Code and its successors. The report shall include a statement denoting the City’s ability to meet its expenditure requirements for the following six month period, or an explanation as to why sufficient moneys will not be available. Additionally , the City
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STATEMENT OF INVESTMENT POLICY
5 Treasurer shall state whether the City is in compliance with its investment policy and shall sign the Treasurer’s Report . Pursuant to Section 53607, local agency treasurers to whom the authority to invest or reinvest funds or to sell or exchange securities has been delegated by the legislative body of a local agency are required to submit a monthly report of transactions to t he legislative body. The City renders a monthly Treasurer’s Report to the City Council.
XIII. AUTHORIZED FINANCIAL DEALERS AND INSTITUTIONS
The City of Hesperia shall transact business only with banks, savings and loan institutions, and registered investment securities dealers, managers, and advisors. The dealers should either be primary dealers authorized to buy and sell government securities in direct dealings with the Federal Reserve Bank of New York, or regional dealers qualifying under the Securities and Exchange Commission Rule 15C3-1.
The City Treasurer shall send a copy of the current Statement of Investment Policy to all dealers approved to do business with the City of Hesperia. Confirmation of the dealer’s understanding of the City’s investment policy shall be provided in writing by the dealer.
The City Treasurer shall examine financial institutions that wish to perform business with the City, in order to confirm whether the participating financial institutions are satisfactorily capitalized , are market makers in securities appropriate to the City’s financial investment universe and agree to comply with the conditions set forth in the City of Hesperia’s Statement of Investment Policy.
XIV. COLLATERAL REQUIREMENTS
Collateralization is required for investments of public deposits in Certificates of Deposits (in excess of the FDIC insured amount) and all Repurchase Agreements. In order to reduce market risk, the collateral level will be at least 110% of market value of principal and accrued interest of eligible securities for Certificate of Deposit. The percentage of collateralization on repurchase agreements shall adhere to CGC Section 53601 (i) (2).
In order to conform with provisions of the Federal Bankruptcy Code, which provides for the liquidation of securities held as collateral for Repurchase Agreements, the only securities acceptable as collateral shall be eligible Negotiable Certificates of Deposit, eligible Banker’s Acceptances, or securities that are fully guaranteed as to principal and interest by the United States or by any agency of the United States government. All securities held as collateral shall have a maximum maturity of five (5) years.
XV. AUTHORIZED AND ACCEPTABLE INVESTMENTS
The City of Hesperia is subject to California Government Code, Section 53601 et seq.
Within the context of the governing language, the following investments are authorized and accepted as defined:
A. United States Treasury Bills, Notes and Bonds - Maximum of 100% United States Treasury Bills, Notes, and Bonds, or those for which the full faith and credit of the United States are pledged for payment of principal and interest.
There is no limitation as to the percentage of the portfolio, which can be invested in the category.
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6 B. Obligations issued by the Federal Government, State of California or California Local Agency - Maximum of 100%
Obligations issued by the Government National Mortgage Association (GNMA), the Federal Farm Credit Bank System (FFCB), the Federal Ho me Loan Bank Board (FHLB), the Federal Home Loan Mortgage Corporation (FHLMC), the Federal National Mortgage Association (FNMA), Student Loan Marketing Association (SLMA), State of California or California Local Agency. Although there is no percentage limitation on “governmental agency” issues, the prudent investor standard shall apply for a single agency name.
C. Bankers’ Acceptances - Maximum of 25%
Bankers’ Acceptances (BAs) otherwise known as bills of exchange or t ime drafts that are drawn on and accepted by a commercial bank . Purchases of Bankers’ Acceptances shall not exceed 180 days’ maturity or 25% of the market value of the portfolio. No more than 5% of the market value of the portfolio may be invested in Bankers’ Acceptances issued by any one commercial bank.
D. Commercial Paper - Maximum of 15%
Commercial Paper of “prime” quality of the highest ranking or of the highest letter and number rating as provided for by a nationally recognized statistical rating organization (NRSRO) as set forth in CGC 53601(h) . The entity that issues the commercial paper shall meet all of the following co nditions in either paragraph 1 or 2:
1. The entity meets the following criteria:
a) Is organized and operating in the United States as a general corporation.
b) Has total assets in excess of five hundred million dollars ($500,000,000).
c) Has debt other than commercial paper, if any, that is rated in a rating category of “A” or its equivalent or higher by an NRSRO.
2. The entity meets the following criteria:
a) Is organized within the United States as a special purpose corporation, trust, or limited liability company.
b) Has program-wide credit enhancements including, but not limited to, overcollateralization, letters of credit, or surety bond.
c) Has commercial paper that is rated “A-1” or higher, or the equivalent, by an NRSRO.
Commercial Paper purchases shall have a maximum maturity of 270 days or less and cannot exceed 15% of the market value of the portfolio (30% if the dollar weighted average maturity of all commercial paper does not exceed 31 days). Purchase of commercial paper may not exceed 10% of outstanding paper of an issuing corporation pursuant to CGC 53635(a)(2).
E. Negotiable Certificates of Deposit - Maximum of 25%
Negotiable Certificates of Deposit (NCD) issued by a nationally or state - chartered bank or a state or federal savings and loan association. Pursuant to CGC 53601 (i) and 53638, the NCD must meet the following criteria:
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7 1. The deposit should not exceed the shareholder’s equity of any depository bank. The shareholder’s equity shall be determined in accordance wit h Section 118 of the Financial C ode, but shall be deemed to include capital notes and debentures.
2. The deposit shall not exceed the total of the net worth of any depository savings association or federal association, except that deposits not exceeding a total of five hundred thousand dollars ($500,000) may be made to a savings association or federal association without regard to the net worth of that depository, if such deposits are insured or secured as required by law.
3. The deposit to the share accounts of any regularly chartered credit union shall not exceed the total of the unimpaired capital and surplus of the credit union, as defined by rule of the Commissioner of Financial Institutions, except that the deposit to any credit union share account in an amount not exceeding five hundred thousand dollars ($500,000) may be made if the share accounts of that credit union are insured or guaranteed pursuant to Section 14858 of the Financial Code or are secured as required by law.
4. The deposit in investment certificates of a federally insured industrial loan company shall not exceed the total of the unimpaired capital and surplus of the insured industrial loan company.
Purchases of negotiable certificates of deposits may not exceed 25% of the market value of the portfolio. A maturity limitation of five (5) years is applicable on NCDs.
F. Repurchase Agreements - Maximum of 20%
The City may i nvest in Repurchase Agreements with banks and dealers with which the City has entered into a Master Repurchase Agreement which specifies terms and conditions of Repurchase Agreements. A signed copy of the Master Repurchase Agreement shall be required from the authorized financial dealer prior to the execution of any applicable transaction. The maturity of Repurchase Agreements shall not exceed one year. The market value of securities used as collateral for Repurchase Agreements shall be monitored daily, and will not be allowed to fall below 102% of the value of the Repurchase Agreement as set forth in CGC Section 53601 (j) (2).
G. Local Agency Investment Fund - Maximum of $75 million per account The City may invest in the Local Agency Investment Fund (L.A.I.F.) established by the State Treasurer, for the benefit of local agencies, up to the maximum permitted by State law, which is currently $75 million dollars per account. There is no limitation as to the percentage of the portfolio a local agency can invest in L.A.I.F. under CGC 16429.1 , which allows a local agency to remit to the Treasurer any money not required for immediate needs and gives the agency the exclusive determination of the length of time its money will be on deposit with the Treasurer.
H. Medium Term Notes - Maximum of 30%
Medium Term Notes , defined as all corporate and depository institution debt securities with a maximum remaining maturity of five years or less, issued by corporations organized and operating within the United States or by depository
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8 institutions licensed by the United States or any state and operating within the United States. Notes eligible for investment shall be rated in a rating category of “A” or its equivalent or better by an NRSRO. No more than 30% of the market value of the portfolio may be invested in Medium-Term Notes pursuant to CGC 53601 (k), and no more than 10% of the total assets of the investments may be invested in any one issuer’s medium term notes pursuant to CGC 53635(a)(2).
I. Mutual and Money Market Funds - Maximum of 20%
Shares of beneficial interest issued by diversified management companies that are funds registered with the Securities and Exchange Commission under the Investment Company Act of 1940, as defined in Section 53601 (l) of the California Government Code. For securities and obligations investments above two hundred fifty thousand dollars ($250,000), the investments must comply with the investment restrictions pursuant to Section 53601 (l), companies shall either:
1. Attain the highest ranking or the highest letter and numerical rankin g provided by not less than two NRSROs.
2. Retain an investment advisor registered or exempt from registration with the Securities and Exchange Commission with not less than five years’ ex perience managing mutual funds with assets under management in excess of five hundred million dollars ($500,000,000).
The purchase price of shares of beneficial interest purchased pursuant to this section shall not include any commission that these companies may charge and shall not exceed 20% of the agency’s money s that may be invested in mutual funds. In addition, no more than 10% of the agency’s funds may be invested in shares of beneficial interest of any one mutual fund. Further, the City may invest only in mutual and money market funds which have an average maturity of 90 days or less per Securities & Exchange Commission regulations.
3. All positions in government-sponsored investment pools and permitted mutual and money market funds (per Sections G and I, above) shall be subject to periodic review by the City Treasurer, or a designee thereof, in order to ensure that the moneys in question are managed in a manner consistent with the standards and objectives set forth elsewhere in this Policy.
While similar to mutual funds, exchange -traded funds (ETFs) are not a permissible investment for local agencies.
J. Collateralized Bank Deposits - Maximum of 10%
The City may invest in collateralized bank deposits in the form of notes, bonds, or other obligations which are at all times secured by a valid first priority security interest. The securities serving as collateral shall be placed by delivery or book entry into the custody of a trust company or the trust department of a bank which is not affiliated with the issuer of the secured obligation, and the security interest shall be perfected in accordance with the requirements of the Uniform Commercial Code or Federal regulations applicable to the types of securities in which the security interest is placed. For purposes of Time Deposits issued by financial institutions, the City may not invest more than 10% of the market value of the portfolio in this category. The maximum term of investment is five (5) years, u nless otherwise approved by City Council. To exceed the five-year
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9 maturity limit, the authority must be approved by the City Council at least three months prior to the purchase of any se curity exceeding the five -year maturity limit.
K. Investment Pools - Maximum of 30%
Investment structures other than L.A.I.F., rated AA or higher, incorporating investment pools permitted in California Government Code Sections 53601, 53635, and 5922 (d). Government Code Section 53635 (c) allows the City to invest in commercial paper, debt securities, or other obligations of a public bank, as defined in Section 57600. California Government Code Section 53635.2 added public banks to the list of depository institutions. However, Section 53601 shall apply to investment pools that have the same governing body.
L. Municipal Bonds - Maximum of 10%
The City may invest in bonds issued by a state or local government agency.
Bonds eligible for investment shall be rated in a rating category of “A” or its equivalent or better by an NRSRO.
M. Bonds Issued by the City of Hesperia – Maximum of 25% The City may acquire its own bonds, pursuant to Section 53601 (a) and (d), including bonds payable solely out of the revenues from a revenue –producing property owned, controlled, or operated by the local agency or by a department, board, agency, or authority of the local agency.
N. Supranational Obligations – Maximum of 30%
Pursuant to Government Code Section 53601 (q), the City may invest in United States dollar denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by the International Bank for Reconstruction and Development, Internatio nal Finance Corporation, or Inter -American Development Bank, with a maximum remaining maturity of five years or less, and eligible for purchase and sale within the United States. Investments shall be rated in a rating category of “AA” or its equivalent or better by an NRSRO and shall not exceed 30 percent of the City’s moneys that may be invested pursuant to this section.
O. Public Bank Obligations – Maximum 100%
Pursuant to Government Code Section s 53601 (r), 53635 (c), and 57603, the City may invest in commercial paper, debt securities, or other obligations of a public bank, as defined in Section 57600. The maximum term of investment is five (5) years.
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10 Summary of Maximum % Limitations of Investments by Investment Type:
The following summary of maximum percentage limits, by investment type, is established for the City’s total pooled funds portfolio:
XVI. PROHIBITED INVESTMENTS
In accordance with CGC Section 53601.6, the City will not invest any funds in inverse floaters, range notes, or interest only strips that are derived from a pool of mortgages.
Additionally, the City will not invest any funds in reverse repurchase agreemen ts, mortgage pass -through securities or collateralized mortgage obligations currently permitted under CGC Section 53601. Further, per the Securities and Exchange Commission (SEC), local governments do n ot qualify as Qualified Institu tional Buyers (QIBs) and are not allowed to purchase Rule 144A securities. As such, the City will not invest in Rule 144A securities.
XVII. LEGISLATIVE CHANGES
Any State of California legislative action that further restricts allowable maturities, investment type, or percentage allocations will be incorporated into the City of Hesperia’s Investment Policy, and supersede any and all previous applicable language.
XVIII. INTEREST EARNINGS
All moneys earned and collected from investments authorized in this policy shall be allocated on a quarterly basis to various fund accounts where required by law based on the cash balance in each fund as a percentage of the entire pooled portfolio. However, accounts requiring full liquidity will receive their proportional distribution of moneys based on the lower of pooled or overnight rates.
XIX. LIMITING MARKET VALUE EROSION
The longer the maturity of securities, the greater the potential for market price volatility, therefore, it is the general policy of the City to limit the potential effects from erosion in market values by adhering to the following guidelines:
A. All immediate and anticipated liquidity requirements will be addressed prior to purchasing all investments.
Authorized Investment Type
Maximum
Maturity
Maximum
Percentage
Of Portfolio
Maximum
Investment
In One Issuer
U.S. Treasury Obligations 5 years 100% None
U.S. & State or Local Agency Securities 5 years 100% None Banker’s Acceptances 180 days 25% 5%
Commercial Paper 270 days 15% 10%
Negotiable Certificates of Deposit 5 years 25% None
Repurchase Agreements 1 year 20% None
Local Agency Investment Fund (LAIF) N/A 100% None
Medium-Term Notes 5 years 30% None
Mutual & Money Market Funds N/A 20% 10%
Collateralized Bank Deposits 5 years 10% None
Investment Pools N/A 30% None
Municipal Bonds 5 years 10% None
Supranational Obligations 5 years 30% None
Public Bank Obligations 5 years 100% None
Council Meeting: 12/2/2025
CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
11 B. Maturity dates for long-term investments will coincide with significant cash flow requirements where possible, to assist with short term cash requirements at maturity.
C. All long-term securities will be purchased with the intent to hold all investments to maturity under then-prevailing economic conditions. However, economic or market conditions may change, making it in the City’s best interest to sell or trade a security prior to maturity.
XX. PORTFOLIO MANAGEMENT ACTIVITY
The investment program shall seek to augment returns consistent with the intent of this policy, identified risk limitations and prudent investment principles. The objectives will be achieved by use of the following strategies:
A. Active Portfolio Management Through active fund and cash flow management taking advantage of current economic and interest rate trends, the portfolio yield may be enhanced with limited and measurable increases in risk by extending the weighted maturity of the total portfolio (not to exceed 1,275 days).
B. Portfolio Maturity Management When structuring the maturity composition of the portfolio, the City shall evaluate current and expected interest rate yields and necessary cash flow requirements. It is recognized that in normal market conditions longer maturities produce higher yields. However, the securities with longer maturities also experience greater price fluctuations when the level of interest rates change.
C. Security Swaps The City may take advantage of security swap opportunities to improve the overall portfolio yield. A swap, which improves the portfolio yield, may be selected even if the transactions result in an accounting loss.
Documentation for swaps will be included in the City’s permanent investment file documents.
D. Competitive Bidding It is the policy of the City to require competitive bidding for investment transactions that are not classified as “new issue” securities. For the purchase of non-”new issue” securities, and the sale of all securities, at least three bidders must be contacted. Competitive bidding for security swaps is also suggested, however, it is understood that certain time constraints and broker portfolio limitations exist which would not accommodate the competitive bidding process. I f a time or portfolio constraining condition exists, the pricing of the swap should be verified to current market conditions and documented for auditing purposes.
XXI. INVESTMENT POLICY REVIEW
This Statement of Investment Policy is intended to conform to all applicable statutes at the time of adoption. The Investment Policy shall be reviewed and approved annually by the City Council at a public meeting to ensure consistency with the overall objectives of the preservation of capital, liquidity, and return of the portfolio. The Investment Policy shall also be reviewed to ensure its compliance and relevance to the current law, financial and economic trends, and to meet the cash flow requirements o f the City of Hesperia.
Council Meeting: 12/2/2025
CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
12 Investment operations are reviewed monthly during the reconciliation process of investment transactions to the third party statements, and by the Management Services Department in the proof of cash process. The investment portfolio is audited annually by the City’s independent auditors which shall include a review for compliance with the City’s Statement of Investment Policy.
XXII. INDEMNIFICATION OF INVESTMENT OFFICIALS
Any investment officer exercising his or her assigned authority with due diligence and prudence, and in accordance with the City’s Investment Policy, will not be held personally liable for any individual investment losses or for total portfolio losses.
_____________________________________ ______________________ Casey Brooksher Date
City Treasurer, City of Hesperia
Council Meeting: 12/2/2025
CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
13 GLOSSARY
AGENCIES: Federal agency securities and/or Government-sponsored enterprises.
BANKERS’ ACCEPTANCE: A draft of bill or exchange accepted by a bank or trust company.
The accepting institution guarantees payment of bill, as well as the issuer.
BID: The price offered by a buyer of securities.
BROKER: A broker brings buyers and sellers together for a commission.
CERTIFICATE OF DEPOSIT (CD): A time deposit with a specific maturity evidenced by a certificate. Large-denomination CDs are typically negotiable.
COLLATERAL: Securities, evidence of deposit, or other property that a borrower pledges to secure repayment of a loan. Also, refers to securities pledged by a bank to secure deposits of public monies.
COLLATERIALIZED MORTGAGE OBLIGATION: A security backed by a pool of pass through rates, structured so that there are several classes of bondholders with varying maturities, called tranches. The principal payments from the underlying pool of pass through securities are used to retire the bonds on a priority basis as specified in the prospectus.
DERIVATIVE: Contracts, such as options and futures, whose price is derived from the price of an underlying financial asset.
DIVERSIFICATION: Dividing investment funds among a variety of securities off ering independent returns.
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC): A federal agency that insures bank deposits, currently up to $250,000 per deposit.
FEDERAL FUNDS RATE: The interest rate that banks with excess reserves charge other banks that need overnight loans.
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., and 12 regional banks.
It is responsible for regulating monetary policy.
INTEREST-ONLY STRIP: A security based solely on the interest payments from a pool of mortgages, Treasury Bonds, or other bonds. Once the principal on the mortgages or bonds has been repaid, interest payments stop and the value of the interest–only strip falls to zero.
INVERSE FLOATER: A derivative instrument whose coupon rate is linked to the market rate of interest in an inverse relationship.
INVESTMENT POOL: The aggregate of all funds from political subdivisions that are placed in the custody of the Treasurer for investment.
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 and can be done at those quotes.
Council Meeting: 12/2/2025
CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
14 GLOSSARY
MARKET RISK: The risk that the value of investments may decline over a given time period due to economic changes or other events that impact large portions of the market.
MARKET VALUE: The price at which a security is trading and could presumably be purchased or sold.
MASTER REPURCHASE AGREEMENT: A written contract covering all future transactions between the parties to repurchase—reverse repurchase agreements that establishes each party’s rights in the transactions.
MATURITY: The date upon which the principal or stated value of an investment becomes due and payable.
MONEY MARKET: The market in which short -term debt instruments (bills, commercial paper, banker’s acceptances, etc.) are issued and traded.
MORTGAGE PASS-THRU SECURITY: A security created when one or more mortgage holders form a collection (pool) of mortgages sells shares or participation certificates in the pool. The cash flow from the collateral pool is passed through to the security holder as monthly payments of principal, interest, and prepayments.
PORTFOLIO: Collection of securities held by an investor.
PRUDENT PERSON RULE: An investment standard. The trustee may invest in a security that someone in that same position would seek as reasonable income and preservation of capital.
PUBLIC BANK: a corporation, organized under the Nonprofit Mutual Benefit Corporation Law or the Nonprofit Public Benefit Corporation Law for the purpose of engaging in the commercial banking business or industrial banking business, that is wholly owned by a local agency, local agencies, or a joint powers authority formed pursuant to the Joint Exercise of Powers Act that is composed only of local agencies (California Government Code 57600 (b) (1)).
REPURCHASE AGREEMENTS: An agreement with a commitment by the seller (dealer) to buy a security back from the purchaser (customer) at a specified price at a designated future date.
REVERSE REPURCHASE AGREEMENT: Refers to a repurchase agreement. From the customer’s perspective, the customer provides a collateralized loan to the seller.
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.
SOFR: Acronym for “Secured Overnight Financing Rate,” which represents a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities.
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, si x months, or one year.
YIELD: The rate of annual income return on an investment, expressed as a percentage.
Council Meeting: 12/3/2024 12/2/2025
i
Attachment #2
City of Hesperia
STATEMENT
OF
INVESTMENT
POLICY
FISCAL YEAR 2024-252025-26
ii
TABLE OF CONTENTS
I. POLICY ................................ ................................ ................................ ................... 1
II. SCOPE ................................ ................................ ................................ .................... 1
III. PRUDENCE ................................ ................................ ................................ ............ 1
IV. OBJECTIVE ................................ ................................ ................................ ............. 2
V. MAXIMUM MATURITIES ................................ ................................ ......................... 3
VI. PERFORMANCE STANDARDS ................................ ................................ .............. 3
VII. DELEGATION AND GRANTS OF AUTHORITY ................................ ...................... 3
VIII. INVESTMENT COMMITTEE ................................ ................................ ................... 3
IX. ETHICS AND CONFLICT OF INTEREST ................................ ................................ 4
X. SAFEKEEPING AND CUSTODY AGREEMENTS ................................ ................... 4
XI. INTERNAL CONTROLS ................................ ................................ .......................... 4
XII. FINANCIAL REPORTING ................................ ................................ ........................ 4
XIII. AUTHORIZED FINANCIAL DEALERS & INSTITUTIONS ................................ ........ 5
XIV. COLLATERAL REQUIREMENTS ................................ ................................ ............ 5
XV. AUTHORIZED AND ACCEPTABLE INVESTMENTS ................................ ............... 5
XVI. PROHIBITED INVESTMENTS ................................ ................................ ............... 10
XVII. LEGISLATIVE CHANGES ................................ ................................ ..................... 10
XVIII. INTEREST EARNINGS ................................ ................................ ......................... 10
XIX. LIMITING MARKET VALUE EROSION ................................ ................................ .. 10
XX. PORTFOLIO MANAGEMENT ACTIVITY ................................ ............................... 11
XXI. INVESTMENT POLICY REVIEW ................................ ................................ ........... 11
XXII. INDEMNIFICATION OF INVESTMENT OFFICIALS ................................ .............. 12
GLOSSARY ................................ ................................ ................................ ........... 13
Council Meeting: 12/3/202412/2/2025
CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
1 I. POLICY
This Statement of Investment Policy while conforming to all applicable statutes at the time of adoption is intended to provide guidelines under the “prudent investor” rule, for the investment of public funds, and outline the policies for maximizing the effectiveness and efficiency of Hesperia’s cash managemen t system. The goal is twofold: one is to enhance the economic status of Hesperia while pr eserving its capital resources ; the second is to provide guidelines for authorized investments.
II. SCOPE
The City Treasurer is authorized to invest public funds in accordance with California Government Code (CGC) Sections 53600 et seq. and 5922 (d). This investment policy applies to all financial assets and investment activities of the City of Hesperia and includes, but is not limited to, the following funds:
• General Fund
• Special Revenue Funds
• Debt Service Funds
• Capital Project Funds
• Enterprise Funds
• Agency Fund
• Any new fund, unless specifically exempted
This policy, however, specifically excludes employees’ retirement, pension and deferred compensation funds. Additionally, moneys held by a trustee or fiscal agent shall be governed by CGC Sections 53601 (m) and 5922 (d).
III. PRUDENCE
All moneys entrusted to the City Treasurer will be pooled in an actively managed portfolio. The City of Hesperia shall participate in standards within the content of the Standard as set forth in CGC Section 53600.3 which states in part:
“When investing, reinvesting, purchasing, acquiring, exchanging, selling and managing public funds, a trustee shall act with care; skill and prudence and diligence under the circumstances then prevailing, that a prudent investor acting in 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.”
Section 53600.3 of the government code declares each person, treasurer, or governing body authorized to make investment decisions on behalf of local agencies to be a trustee, and therefore, a fiduciary subject to the prudent investor standard. These persons shall act with care, skill and diligence under the circumstances then prevailing when investing, reinvesting, purchasing, acquiring, exchanging, selling, and managing funds. Section 53600.5 further stipulates that the primary objective of any person investing funds is to safeguard principal; secondly, to meet liquidity needs; and lastly, to achieve a return or yield on invested funds.
Council Meeting: 12/3/202412/2/2025
CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
2 IV. OBJECTIVE
The City’s treasury management system is designed to monitor and forecast expenditures and revenues, thus enabling the City to invest funds to the fullest extent possible. The City attempts to obtain the highest yield available, while investments meet the criteria established for safety, liquidity, and yield, in that order of priority.
A. SAFETY
Safety of principal is the foremost objective of the City of Hesperia. Each investment transaction shall seek to ensure capital losses are avoided, whether from securities default, rating downgrades, broker-dealer defaults, or erosion of market value. The City of Hesperia shall seek the preservation of capital by mitigating two types of risk: credit risk and market risk.
1. Credit risk is the risk of loss due to failure of the issuer and is mitigated by investing in safe securities, and diversifying the investment portfolio so the failure of any one issuer would not materially affect the cash flow of the City.
2. Market risk is the risk of market value fluctuations due to changes in the general level of interest rates, and shall be mitigated by limiting the average maturity of the City’s investment portfolio to three and one -half years, and the maximum maturity of any one securit y to five years. Market risk shall also be mitigated by structuring the portfolio so maturing securities match cash outflows, eliminating the need to sell securities prior to their maturity, and to avoid taking positions in securities for the purpose of selling those securities within a short period of time in order to realize a short term profit. It is recognized that within a diversified portfolio, occasional measured losses are inevitable, and must be considered within the context of the overall return on the investment.
B. LIQUIDITY
The City of Hesperia’s investment portfolio will remain satisfactorily liquid to enable the City to meet all anticipated and operating cash flow requirements.
C. MATURITY MATRIX
Maturities of investments will be selected based on liquidity requirements in order to minimize interest rate risk and maximize earnings. Current and expected yield curve analysis will be monitored, and the portfolio will be invested accordingly. As a ge neral investment guideline, the following percentages of the pooled portfolio should be utilized in the investment maturity sectors:
Maturity Range Suggested Percentage Less than 1 year 0 to 100%
1 - 3 years 0 to 50%
3 - 5 years 0 to 50%
D. DIVERSIFICATION
The City of Hesperia’s investment pool will be diversified to avoid incurring unreasonable and avoidable risks. The investments will be diversified by security type and institution.
Regarding specific security types indicated in Section XV of this Investment Policy, no more than 10% of the City’s portfolio will be placed with any single private financial institution.
Council Meeting: 12/3/202412/2/2025
CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
3 E. RETURN ON INVESTMENTS
The City of Hesperia’s investment portfolio shall be designed to attain a market rate of return throughout economic cycles. Whenever possible with respect to budgetary and cash flow requirements, and consistent with risk limitations and prudent investment principles, the Cit y Treasurer shall seek to augment returns above the market rate of return.
V. MAXIMUM MATURITIES
The City of Hesperia will match its investments with anticipated cash flow requirements.
Per California Government Code Sections 53601 et seq., maximum maturities shall not exceed five (5) years. An investment’s term or remaining maturity shall be measured from the settlement date to final maturity. A security purchased in accordance with this section shall not have a forward settlement date exceeding 45 days from the time of investment. The average maturity of funds should not exceed 1,275 days (3.5 ye ars), and the cash flow requirements shall prevail at all times.
VI. PERFORMANCE STANDARDS
The City’s investment portfolio will be designed to obtain a market average rate of return during budgetary and economic cycles, taking into account the City of Hesperia’s investment risk constraints and cash flow requirements.
The City of Hesperia will operate in an active capacity in the investment strategy. The benchmark to be used by the City Treasurer to determine whether market yields are achieved shall be the State of California Local Agency Investment Fund (L.A.I.F.).
VII. DELEGATION AND GRANTS OF AUTHORITY
Management responsibility for the investment program is delegated to the City Treasurer (Assistant City Manager ) who shall establish written procedures and policies for the operation of the investment program consistent with this investment policy.
No person shall engage in an investment transaction except as provided under the terms of this policy and the procedures established by the City Treasurer. The procedures established by the City Treasurer shall contain internal accounting controls specify ing delegation and grants of authority for the verification and recording of investment transactions to regulate the activities of subordinate representatives.
In the absence of the City Treasurer, the authority to direct investment transactions affecting City moneys will be restricted to the Deputy Finance Director as to maturity, investment instrument, and dollar size of the investment.
VIII. INVESTMENT COMMITTEE
The City of Hesperia City Council shall act as the investment committee consisting of five (5) Council members to include the Mayor and four (4) Council Members as elected by the people; to provide general oversight and guidance concerning the investment policy related to the management of the City’s investment pool. The committee shall meet monthly to review the Treasurer’s Cash Report.
Council Meeting: 12/3/202412/2/2025
CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
4 IX. ETHICS AND CONFLICT OF INTEREST
The City Treasurer and all investment personnel shall refrain from personal business activity which could create a conflict with proper execution of the investment program, or which could impair the ability to execute impartial investment decisions. The C ity Treasurer and all investment personnel shall disclose to the City Attorney any material financial interests in financial institutions that conduct business within the jurisdiction, and shall disclose any material financial investment positions that cou ld be related in a conflicting manner to the performance of the City of Hesperia’s investment portfolio.
The City Treasurer shall complete on an annual basis, State of California Form 721, Statement of Economic Interests Disclosure.
X. SAFEKEEPING AND CUSTODY AGREEMENTS
To protect against potential losses caused by collapse of individual securities dealers, all securities owned by the City shall be kept in safekeeping by a third party bank trust department, acting as agent for the City under the terms of a custody agreeme nt executed by the bank and the City. All securities will be received and delivered using standard delivery versus payment procedures with the City’s custodial bank, and evidenced by safekeeping receipts. Custodial statements are reconciled to transactio n schedules by the Deputy Finance Director on a monthly basis.
XI. INTERNAL CONTROLS
Separation of duties among the employees involved in investment activities are designed to provide an ongoing internal review to prevent the potential for converting assets or concealing transactions.
Proper documentation obtained from confirmation and cash disbursement wire transfers is required for each investment transaction. Timely bank reconciliations are conducted to ensure proper handling of all transactions.
The investment portfolio and all related transactions are reviewed and balanced to appropriate general ledger accounts on a monthly basis.
An independent analysis by an external auditor shall be conducted annually to review internal control, account activity, and compliance with policies and procedures.
XII. FINANCIAL REPORTING
Under provision of Section 53646 of the California Government Code, the City Treasurer may render a quarterly or monthly report to the City Council, providing the type of investment, financial institution from which the investment was purchased, the date of maturity, the date upon which the investment becomes subject to redemption provisions, amount (to include both par and book value) of the investment, and the current market value of all investments. The report shall also include the source of the market value.
Additionally, the report shall also include the rate of interest, accrued interest earned, the amortized portion of the investment purchased at a premium or discount, and other data so required by the City Council or by amendment to the above section of California Government Code and its successors. The report shall include a statement denoting the City’s ability to meet its expenditure requirements for the following six month period, or an explanation as to why sufficient moneys will not be available. Additionally , the City
Council Meeting: 12/3/202412/2/2025
CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
5 Treasurer shall state whether the City is in compliance with its investment policy and shall sign the Treasurer’s Report . Pursuant to Section 53607, local agency treasurers to whom the authority to invest or reinvest funds or to sell or exchange securities has been delegated by the legislative body of a local agency are required to submit a monthly report of transactions to t he legislative body. The City renders a monthly Treasurer’s Report to the City Council.
XIII. AUTHORIZED FINANCIAL DEALERS AND INSTITUTIONS
The City of Hesperia shall transact business only with banks, savings and loan institutions, and registered investment securities dealers, managers, and advisors. The dealers should either be primary dealers authorized to buy and sell government securities in direct dealings with the Federal Reserve Bank of New York, or regional dealers qualifying under the Securities and Exchange Commission Rule 15C3-1.
The City Treasurer shall send a copy of the current Statement of Investment Policy to all dealers approved to do business with the City of Hesperia. Confirmation of the dealer’s understanding of the City’s investment policy shall be provided in writing by the dealer.
The City Treasurer shall examine financial institutions that wish to perform business with the City, in order to confirm whether the participating financial institutions are satisfactorily capitalized, are market makers in securities appropriate to the Cit y’s financial investment universe and agree to comply with the conditions set forth in the City of Hesperia’s Statement of Investment Policy.
XIV. COLLATERAL REQUIREMENTS
Collateralization is required for investments of public deposits in Certificates of Deposits (in excess of the FDIC insured amount) and all Repurchase Agreements. In order to reduce market risk, the collateral level will be at least 110% of market value of principal and accrued interest of eligible securities for Certificate of Deposit. The percentage of collateralization on repurchase agreements shall adhere to CGC Section 53601 (i) (2).
In order to conform with provisions of the Federal Bankruptcy Code, which provides for the liquidation of securities held as collateral for Repurchase Agreements, the only securities acceptable as collateral shall be eligible Negotiable Certificates of Dep osit, eligible Banker’s Acceptances, or securities that are fully guaranteed as to principal and interest by the United States or by any agency of the United States government. All securities held as collateral shall have a maximum maturity of five (5) years.
XV. AUTHORIZED AND ACCEPTABLE INVESTMENTS
The City of Hesperia is subject to California Government Code, Section 53601 et seq.
Within the context of the governing language, the following investments are authorized and accepted as defined:
A. United States Treasury Bills, Notes and Bonds - Maximum of 100% United States Treasury Bills, Notes, and Bonds, or those for which the full faith and credit of the United States are pledged for payment of principal and interest.
There is no limitation as to the percentage of the portfolio, which can be invested in the category.
Council Meeting: 12/3/202412/2/2025
CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
6 B. Obligations issued by the Federal Government, State of California or California Local Agency - Maximum of 100%
Obligations issued by the Government National Mortgage Association (GNMA), the Federal Farm Credit Bank System (FFCB), the Federal Home Loan Bank Board (FHLB), the Federal Home Loan Mortgage Corporation (FHLMC), the Federal National Mortgage Association ( FNMA), Student Loan Marketing Association (SLMA), State of California or California Local Agency. Although there is no percentage limitation on “governmental agency” issues, the prudent investor standard shall apply for a single agency name.
C. Bankers’ Acceptances - Maximum of 25%
Bankers’ Acceptances (BAs) otherwise known as bills of exchange or t ime drafts that are drawn on and accepted by a commercial bank . Purchases of Bankers’ Acceptances shall not exceed 180 days’ maturity or 25% of the market value of the portfolio. No more than 5% of the market value of the portfolio may be invested in Bankers’ Acceptances issued by any one commercial bank.
D. Commercial Paper - Maximum of 15%
Commercial Paper of “prime” quality of the highest ranking or of the highest letter and number rating as provided for by a nationally recognized statistical rating organization (NRSRO) as set forth in CGC 53601(h) . The entity that issues the commercial paper shall meet all of the following co nditions in either paragraph 1 or 2:
1. The entity meets the following criteria:
a) Is organized and operating in the United States as a general corporation.
b) Has total assets in excess of five hundred million dollars ($500,000,000).
c) Has debt other than commercial paper, if any, that is rated in a rating category of “A” or its equivalent or higher by an NRSRO.
2. The entity meets the following criteria:
a) Is organized within the United States as a special purpose corporation, trust, or limited liability company.
b) Has program-wide credit enhancements including, but not limited to, overcollateralization, letters of credit, or surety bond.
c) Has commercial paper that is rated “A-1” or higher, or the equivalent, by an NRSRO.
Commercial Paper purchases shall have a maximum maturity of 270 days or less and cannot exceed 15% of the market value of the portfolio (30% if the dollar weighted average maturity of all commercial paper does not exceed 31 days). Purchase of commercial paper may not exceed 10% of outstanding paper of an issuing corporation pursuant to CGC 53635(a)(2).
E. Negotiable Certificates of Deposit - Maximum of 25%
Negotiable Certificates of Deposit (NCD) issued by a nationally or state - chartered bank or a state or federal savings and loan association. Pursuant to CGC 53601 (i) and 53638, the NCD must meet the following criteria:
Council Meeting: 12/3/202412/2/2025
CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
7 1. The deposit should not exceed the shareholder’s equity of any depository bank. The shareholder’s equity shall be determined in accordance wit h Section 118 of the Financial C ode, but shall be deemed to include capital notes and debentures.
2. The deposit shall not exceed the total of the net worth of any depository savings association or federal association, except that deposits not exceeding a total of five hundred thousand dollars ($500,000) may be made to a savings association or federal association without regard to the net worth of that depository, if such deposits are insured or secured as required by law.
3. The deposit to the share accounts of any regularly chartered credit union shall not exceed the total of the unimpaired capital and surplus of the credit union, as defined by rule of the Commissioner of Financial Institutions, except that the deposit to any credit union share account in an amount not exceeding five hundred thousand dollars ($500,000) may be made if the share accounts of that credit union are insured or guaranteed pursuant to Section 14858 of the Financial Code or are secured as required by law.
4. The deposit in investment certificates of a federally insured industrial loan company shall not exceed the total of the unimpaired capital and surplus of the insured industrial loan company.
Purchases of negotiable certificates of deposits may not exceed 25% of the market value of the portfolio. A maturity limitation of five (5) years is applicable on NCDs.
F. Repurchase Agreements - Maximum of 20%
The City may invest in Repurchase Agreements with banks and dealers with which the City has entered into a Master Repurchase Agreement which specifies terms and conditions of Repurchase Agreements. A signed copy of the Master Repurchase Agreement shall b e required from the authorized financial dealer prior to the execution of any applicable transaction. The maturity of Repurchase Agreements shall not exceed one year. The market value of securities used as collateral for Repurchase Agreements shall be monitored daily, and will not be allowed to fall below 102% of the value of the Repurchase Agreement as set forth in CGC Section 53601 (j) (2).
G. Local Agency Investment Fund - Maximum of $75 million per account The City may invest in the Local Agency Investment Fund (L.A.I.F.) established by the State Treasurer, for the benefit of local agencies, up to the maximum permitted by State law, which is currently $75 million dollars per account. There is no limitation as to the percentage of the portfolio a local agency can invest in L.A.I.F. under CGC 16429.1 , which allows a local agency to remit to the Treasurer any money not required for immediate needs and gives the agency the exclusive determination of the length of time its money will be on deposit with the Treasurer.
H. Medium Term Notes - Maximum of 30%
Medium Term Notes , defined as all corporate and depository institution debt securities with a maximum remaining maturity of five years or less, issued by corporations organized and operating within the United States or by depository
Council Meeting: 12/3/202412/2/2025
CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
8 institutions licensed by the United States or any state and operating within the United States. Notes eligible for investment shall be rated in a rating category of “A” or its equivalent or better by an NRSRO. No more than 30% of the market value of the portfolio may be invested in Medium-Term Notes pursuant to CGC 53601 (k), and no more than 10% of the total assets of the investments may be invested in any one issuer’s medium term notes pursuant to CGC 53635(a)(2).
I. Mutual and Money Market Funds - Maximum of 20%
Shares of beneficial interest issued by diversified management companies that are funds registered with the Securities and Exchange Commission under the Investment Company Act of 1940, as defined in Section 53601 (l) of the California Government Code. For securities and obligations investments above two hundred fifty thousand dollars ($250,000), the investments must comply with the investment restrictions pursuant to Section 53601 (l), companies shall either:
1. Attain the highest ranking or the highest letter and numerical rankin g provided by not less than two NRSROs.
2. Retain an investment advisor registered or exempt from registration with the Securities and Exchange Commission with not less than five years’ experience managing mutual funds with assets under management in excess of five hundred million dollars ($500,000,000).
The purchase price of shares of beneficial interest purchased pursuant to this section shall not include any commission that these companies may charge and shall not exceed 20% of the agency’s money s that may be invested in mutual funds. In addition, no more than 10% of the agency’s funds may be invested in shares of beneficial interest of any one mutual fund. Further, the City may invest only in mutual and money market funds which have an average maturity of 90 days or less per Securities & Exchange Commission regulations.
3. All positions in government-sponsored investment pools and permitted mutual and money market funds (per Sections G and I, above) shall be subject to periodic review by the City Treasurer, or a designee thereof, in order to ensure that the moneys in questio n are managed in a manner consistent with the standards and objectives set forth elsewhere in this Policy.
While similar to mutual funds, exchange -traded funds (ETFs) are not a permissible investment for local agencies.
J. Collateralized Bank Deposits - Maximum of 10%
The City may invest in collateralized bank deposits in the form of notes, bonds, or other obligations which are at all times secured by a valid first priority security interest. The securities serving as collateral shall be placed by delivery or book entry into the custody of a trust company or the trust department of a bank which is not affiliated with the issuer of the secured obligation, and the security interest shall be perfected in accordance with the requirements of the Uniform Commercial Code or Federal regulations applicable to the types of securities in which the security interest is placed. For purposes of Time Deposits issued by financial institutions, the City may not invest more than 10% of the market value of the portfolio in this category. The maximum term of investment is five (5) years, u nless otherwise approved by City Council. To exceed the five-year
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CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
9 maturity limit, the authority must be approved by the City Council at least three months prior to the purchase of any se curity exceeding the five -year maturity limit.
K. Investment Pools - Maximum of 30%
Investment structures other than L.A.I.F., rated AA or higher, incorporating investment pools permitted in California Government Code Sections 53601, 53635, and 5922 (d). Government Code Section 53635 (c) allows the City to invest in commercial paper, debt securities, or other obligations of a public bank, as defined in Section 57600. California Government Code Section 53635.2 added public banks to the list of depository institutions. However, Section 53601 shall apply to investment pools that have the same governing body.
L. Municipal Bonds - Maximum of 10%
The City may invest in bonds issued by a state or local government agency.
Bonds eligible for investment shall be rated in a rating category of “A” or its equivalent or better by an NRSRO.
M. Bonds Issued by the City of Hesperia – Maximum of 25% The City may acquire its own bonds, pursuant to Section 53601 (a) and (d), including bonds payable solely out of the revenues from a revenue –producing property owned, controlled, or operated by the local agency or by a department, board, agency, or authority of the local agency.
N. Supranational Obligations – Maximum of 30%
Pursuant to Government Code Section 53601 (q), the City may invest in United States dollar denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by the International Bank for Reconstruction and Development, Internatio nal Finance Corporation, or Inter -American Development Bank, with a maximum remaining maturity of five years or less, and eligible for purchase and sale within the United States. Investments shall be rated in a rating category of “AA” or its equivalent or better by an NRSRO and shall not exceed 30 percent of the City’s moneys that may be invested pursuant to this section.
O. Public Bank Obligations – Maximum 100%
Pursuant to Government Code Section s 53601 (r), 53635 (c), and 57603, the City may invest in commercial paper, debt securities, or other obligations of a public bank, as defined in Section 57600. The maximum term of investment is five (5) years.
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CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
10 Summary of Maximum % Limitations of Investments by Investment Type:
The following summary of maximum percentage limits, by investment type, is established for the City’s total pooled funds portfolio:
XVI. PROHIBITED INVESTMENTS
In accordance with CGC Section 53601.6, the City will not invest any funds in inverse floaters, range notes, or interest only strips that are derived from a pool of mortgages.
Additionally, the City will not invest any funds in reverse repurchase agreemen ts, mortgage pass -through securities or collateralized mortgage obligations currently permitted under CGC Section 53601. Further, per the Securities and Exchange Commission (SEC), local governments do n ot qualify as Qualified Institu tional Buyers (QIBs) and are not allowed to purchase Rule 144A securities. As such, the City will not invest in Rule 144A securities.
XVII. LEGISLATIVE CHANGES
Any State of California legislative action that further restricts allowable maturities, investment type, or percentage allocations will be incorporated into the City of Hesperia’s Investment Policy, and supersede any and all previous applicable language.
XVIII. INTEREST EARNINGS
All moneys earned and collected from investments authorized in this policy shall be allocated on a quarterly basis to various fund accounts where required by law based on the cash balance in each fund as a percentage of the entire pooled portfolio. However, accounts requiring full liquidity will receive their proportional distribution of moneys based on the lower of pooled or overnight rates.
XIX. LIMITING MARKET VALUE EROSION
The longer the maturity of securities, the greater the potential for market price volatility, therefore, it is the general policy of the City to limit the potential effects from erosion in market values by adhering to the following guidelines:
A. All immediate and anticipated liquidity requirements will be addressed prior to purchasing all investments.
Authorized Investment Type
Maximum
Maturity
Maximum
Percentage
Of Portfolio
Maximum
Investment
In One Issuer
U.S. Treasury Obligations 5 years 100% None
U.S. & State or Local Agency Securities 5 years 100% None Banker’s Acceptances 180 days 25% 5%
Commercial Paper 270 days 15% 10%
Negotiable Certificates of Deposit 5 years 25% None
Repurchase Agreements 1 year 20% None
Local Agency Investment Fund (LAIF) N/A 100% None
Medium-Term Notes 5 years 30% None
Mutual & Money Market Funds N/A 20% 10%
Collateralized Bank Deposits 5 years 10% None
Investment Pools N/A 30% None
Municipal Bonds 5 years 10% None
Supranational Obligations 5 years 30% None
Public Bank Obligations 5 years 100% None
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STATEMENT OF INVESTMENT POLICY
11 B. Maturity dates for long-term investments will coincide with significant cash flow requirements where possible, to assist with short term cash requirements at maturity.
C. All long-term securities will be purchased with the intent to hold all investments to maturity under then-prevailing economic conditions. However, economic or market conditions may change, making it in the City’s best interest to sell or trade a security prior to maturity.
XX. PORTFOLIO MANAGEMENT ACTIVITY
The investment program shall seek to augment returns consistent with the intent of this policy, identified risk limitations and prudent investment principles. The objectives will be achieved by use of the following strategies:
A. Active Portfolio Management Through active fund and cash flow management taking advantage of current economic and interest rate trends, the portfolio yield may be enhanced with limited and measurable increases in risk by extending the weighted maturity of the total portfolio (not to exceed 1,275 days).
B. Portfolio Maturity Management When structuring the maturity composition of the portfolio, the City shall evaluate current and expected interest rate yields and necessary cash flow requirements. It is recognized that in normal market conditions longer maturities produce higher yields. However, the securities with longer maturities also experience greater price fluctuations when the level of interest rates change.
C. Security Swaps The City may take advantage of security swap opportunities to improve the overall portfolio yield. A swap, which improves the portfolio yield, may be selected even if the transactions result in an accounting loss.
Documentation for swaps will be included in the City’s permanent investment file documents.
D. Competitive Bidding It is the policy of the City to require competitive bidding for investment transactions that are not classified as “new issue” securities. For the purchase of non-”new issue” securities, and the sale of all securities, at least three bidders must be contacted. Competitive bidding for security swaps is also suggested, however, it is understood that certain time constraints and broker portfolio limitations exist which would not accommodate the competitive bidding process. If a time or portfolio constraining condition exists, the pricing of the swap should be verified to current market conditions and documented for auditing purposes.
XXI. INVESTMENT POLICY REVIEW
This Statement of Investment Policy is intended to conform to all applicable statutes at the time of adoption. The Investment Policy shall be reviewed and approved annually by the City Council at a public meeting to ensure consistency with the overall objectives of the preservation of capital, liquidity, and return of the portfolio. The Investment Policy shall also be reviewed to ensure its compliance and relevance to the current law, financial and economic trends, and to meet the cash flow requirements o f the City of Hesperia.
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STATEMENT OF INVESTMENT POLICY
12 Investment operations are reviewed monthly during the reconciliation process of investment transactions to the third party statements, and by the Management Services Department in the proof of cash process. The investment portfolio is audited annually by the City’s independent auditors which shall include a review for compliance with the City’s Statement of Investment Policy.
XXII. INDEMNIFICATION OF INVESTMENT OFFICIALS
Any investment officer exercising his or her assigned authority with due diligence and prudence, and in accordance with the City’s Investment Policy, will not be held personally liable for any individual investment losses or for total portfolio losses.
_____________________________________ ______________________ Casey Brooksher Date
City Treasurer, City of Hesperia
Council Meeting: 12/3/202412/2/2025
CITY OF HESPERIA
STATEMENT OF INVESTMENT POLICY
13 GLOSSARY
AGENCIES: Federal agency securities and/or Government-sponsored enterprises.
BANKERS’ ACCEPTANCE: A draft of bill or exchange accepted by a bank or trust company.
The accepting institution guarantees payment of bill, as well as the issuer.
BID: The price offered by a buyer of securities.
BROKER: A broker brings buyers and sellers together for a commission.
CERTIFICATE OF DEPOSIT (CD): A time deposit with a specific maturity evidenced by a certificate. Large-denomination CDs are typically negotiable.
COLLATERAL: Securities, evidence of deposit, or other property that a borrower pledges to secure repayment of a loan. Also, refers to securities pledged by a bank to secure deposits of public monies.
COLLATERIALIZED MORTGAGE OBLIGATION: A security backed by a pool of pass through rates, structured so that there are several classes of bondholders with varying maturities, called tranches. The principal payments from the underlying pool of pass through securities are used to retire the bonds on a priority basis as specified in the prospectus.
DERIVATIVE: Contracts, such as options and futures, whose price is derived from the price of an underlying financial asset.
DIVERSIFICATION: Dividing investment funds among a variety of securities offering independent returns.
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC): A federal agency that insures bank deposits, currently up to $250,000 per deposit.
FEDERAL FUNDS RATE: The interest rate that banks with excess reserves charge other banks that need overnight loans.
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., and 12 regional banks.
It is responsible for regulating monetary policy.
INTEREST-ONLY STRIP: A security based solely on the interest payments from a pool of mortgages, Treasury Bonds, or other bonds. Once the principal on the mortgages or bonds has been repaid, interest payments stop and the value of the interest–only strip falls to zero.
INVERSE FLOATER: A derivative instrument whose coupon rate is linked to the market rate of interest in an inverse relationship.
INVESTMENT POOL: The aggregate of all funds from political subdivisions that are placed in the custody of the Treasurer for investment.
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 and can be done at those quotes.
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STATEMENT OF INVESTMENT POLICY
14 GLOSSARY
MARKET RISK: The risk that the value of investments may decline over a given time period due to economic changes or other events that impact large portions of the market.
MARKET VALUE: The price at which a security is trading and could presumably be purchased or sold.
MASTER REPURCHASE AGREEMENT : A written contract covering all future transactions between the parties to repurchase—reverse repurchase agreements that establishes each party’s rights in the transactions.
MATURITY: The date upon which the principal or stated value of an investment becomes due and payable.
MONEY MARKET: The market in which short -term debt instruments (bills, commercial paper, banker’s acceptances, etc.) are issued and traded.
MORTGAGE PASS-THRU SECURITY: A security created when one or more mortgage holders form a collection (pool) of mortgages sells shares or participation certificates in the pool. The cash flow from the collateral pool is passed through to the security holder as monthly payments of principal, interest, and prepayments.
PORTFOLIO: Collection of securities held by an investor.
PRUDENT PERSON RULE: An investment standard. The trustee may invest in a security that someone in that same position would seek as reasonable income and preservation of capital.
PUBLIC BANK: a corporation, organized under the Nonprofit Mutual Benefit Corporation Law or the Nonprofit Public Benefit Corporation Law for the purpose of engaging in the commercial banking business or industrial banking business, that is wholly owned by a local agenc y, local agencies, or a joint powers authority formed pursuant to the Joint Exercise of Powers Act that is composed only of local agencies (California Government Code 57600 (b) (1)).
REPURCHASE AGREEMENTS: An agreement with a commitment by the seller (dealer) to buy a security back from the purchaser (customer) at a specified price at a designated future date.
REVERSE REPURCHASE AGREEMENT: Refers to a repurchase agreement. From the customer’s perspective, the customer provides a collateralized loan to the seller.
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.
SOFR: Acronym for “Secured Overnight Financing Rate,” which represents a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities.
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.
YIELD: The rate of annual income return on an investment, expressed as a percentage.
JOINT RESOLUTION NO. 2025-49
RESOLUTION NO. SA 2025-02
RESOLUTION NO. HHA 2025-07
RESOLUTION NO. CDC 2025-01
RESOLUTION NO. HFPD 2025-04
RESOLUTION NO. HWD 2025-16
A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HESPERIA,
CALIFORNIA, SUCCESSOR AGENCY FOR THE HESPERIA COMMUNITY
REDEVELOPMENT AGENCY, THE BOARD OF DIRECTORS OF THE
HESPERIA HOUSING AUTHORITY, COMMISSIONERS OF THE COMMUNITY
DEVELOPMENT COMMISSION, THE BOARD OF DIRECTORS OF THE
HESPERIA FIRE PROTECTION DISTRICT, AND THE BOARD OF DIRECTORS
FOR THE HESPERIA WATER DISTRICT ANNUALLY APPROVING THE
STATEMENT OF INVESTMENT POLICY
WHEREAS, it is the responsibility of the City Treasurer to protect, preserve and maint ain cash and investments of the City of Hesperia (City), Successor Agency for the Hesperia Community Redevelopment Agency, Hesperia Housing Authority, Hesperia Community Development Commission, Hesperia Fire Protection District, and Hesperia Water District , on behalf of the citizens of this community; and
WHEREAS, it is the City Treasurer’s responsibility to review and/or amend and present to the City Council, Commissioners, and Board of Directors for approval, a Statement of Investment Policy which is int ended to provide guidelines for the prudent investment of public funds while maintaining compliance with all applicable local, state and federal laws and regulations; and
WHEREAS, it is the policy of the City , Successor Agency for the Hesperia Community Redevelopment Agency, Hesperia Housing Authority, Hesperia Community Development Commission, Hesperia Fire Protection District, and Hesperia Water District to invest public funds not required for immediate day-to-day operations in safe and liquid investments having a market- average rate of return, while conforming to all federal, state and local statutes governing the prudent investment of public funds, with the City’s , Successor Agency for the Hesperia Community Redevelopment Agency, Hesperia Housing Author ity, Hesperia Community Development Commission, Hesperia Fire Protection District, and Hesperia Water District’s ultimate goal being to enhance its economic status while protecting funds, taking the “Prudent Investor Rule” as its guide in carrying out this goal; and
WHEREAS, it is the City’s , Successor Agency for the Hesperia Community Redevelopment Agency, Hesperia Housing Authority, Hesperia Community Development Commission, Hesperia Fire Protection District, and Hesperia Water District’s position that the Statement of Investment Policy shall apply to funds under the direction of the City Treasurer that are not required for immediate cash flow needs, or were otherwise invested in accordance with bond indentures and trust agreements, and are under the authority of the City, Commissioners, and Board of Directors, which shall include investments of the City of Hesperia , Successor Agency for the Hesperia Community Redevelopment Agency, Hesperia Housing Authority, Hesperia Community Development Commission, Hesperia Fire Protection District, and Hesperia Water District itself, which investments shall be pooled in a diversified portfolio; and
Joint Resolution No. 2025-49, SA 2025-02, HHA 2025-07, CDC 2025-01, HFPD 2025-04, & HWD 2025-16
WHEREAS, the attached Statement of Investment Policy has been developed using the California Debt and Investment Advisory Commission’s Local Agency Investment Guidelines and the Municipal Treasurers Association Model Investment Policy as guides, assuring compliance with current state legislation , while providing a management tool to imp lement future investment decisions by the City Treasurer; and
WHEREAS, an annual review of the Statement of Investment Policy has recently been conducted and the policy is in compliance with California Gove rnment Code Sections 53600 et. seq. and 5922(d).
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HESPERIA,
CALIFORNIA, SUCCESSOR AGENCY FOR THE HESPERIA COMMUNITY
REDEVELOPMENT AGENCY, THE BOARD OF DIRECTORS OF THE HESPERIA HOUSING
AUTHORITY, COMMISSIONERS OF THE COMMUNITY DEVELOPMENT COMMISSION, THE
BOARD OF DIRECTORS OF THE HESPERIA FIRE PROTECTION DISTRICT, AND BOARD OF DIRECTORS OF THE HESPERIA WATER DISTRICT, AS FOLLOWS:
Section 1. That the recitals above are true and correct and adopted as findings.
Section 2. The Statement of Investment Policy, included herein as “Attachment 1” of this Joint Resolution, as the Statement of Investment Policy for the City of Hesperia is hereby adopted.
Section 3. That the City Clerk shall certify to th e passage and adoption of this R esolution and enter it into the book of original resolutions.
ADOPTED AND APPROVED this 2nd day of December 2025.
_________________________________
Mayor
ATTEST:
______________________________________
Jessica Giber, Assistant City Clerk
THIS PAGE LEFT INTENTIONALLY BLANK
City of Hesperia
STAFF REPORT
DATE: December 2, 2025
TO: City Council, as Successor Agency to the Hesperia Community Redevelopment Agency
FROM: Rachel Molina, City Manager
BY: Casey Brooksher, Assistant City Manager
SUBJECT: Annual 2026-27 Recognized Obligation Payment Schedule
RECOMMENDED ACTION
It is recommended that the Successor Agency adopt Resolution No. SA 2025-01, approving the Annual 2026-27 Recognized Obligation Payment Schedule (ROPS), including the Successor Agency’s FY 2026-27 Administrative Budget, and authorizing staff to present the ROPS to the Oversight Board for its consideration and approval.
BACKGROUND
Pursuant to Section 34177(l) of the Health and Safety Code (HSC), the Successor Agency to the former Hesperia Community Redevelopment Agency (SA) is required to prepare a Recognized Obligation Payment Schedule (ROPS) for each fiscal year period (commencing each July 1). The ROPS must list the estimated payment amounts for enforceable obligations , as well as sources of funds for each such payment during the fiscal period. Each ROPS must be submitted to the Countywide Oversight Board (the Oversight Board) and the State Department of Finance (the DOF) for approval.
Upon notification of the approval by the DOF, the County Auditor-Controller will prepare the redevelopment property tax trust fund (RPTTF) distribution to the SA. The RPTTF is the funding amount identified on the ROPS to pay enforceable obligations.
ISSUES/ANALYSIS
As mentioned, the ROPS lists the outstanding enforceable obligations to the SA. The SA requires and requests $8,561,183 in enforceable obligations. The following listing discusses the changes to the 2026-27 ROPS:
2018 Bonds (Items 76 and 77) – The ROPS 26-27 requests $8.5 million to make debt service payments on the 2018 Tax Allocation Refunding Bonds, Series A and B (“2018 Bonds”), of which $7.5 million is from RPTTF and $1 million is from reserves collected in the prior round. Due to the last payment for the 2018B TARBS occurring in FY 26 -27A, there will be no further need for use of reserves after this final payment (previously referenced as item 78).
Staff Report to the City Council, as Successor Agency to the Hesperia Community Redevelopment Agency Annual 2026-27 Recognized Obligation Payment Schedule
December 02, 2025
2018 Bond Trustee Fees (Items 79 to 80) – $8,000 in RPTTF is requested to pay for bond trustee administration fees on the 2018 Bonds.
2018 Bond Arbitrage (Item 82) - $2,500 in RPTTF is requested to pay for bond arbitrage on the 2018 Bonds.
Administrative Cost Allowance (Item 74) – The SA is requesting a $91,777 administrative cost allowance to pay for staffing and professional services necessary to administer ROPS obligations and prepare the ROPS. This is below the $290,273 maximum permitted by law and consistent with the budget for FY 2026-27.
The ROPS 26-27 includes a Report of Cash Balances for Fiscal Year 20 23-24. As of June 30, 2024, the SA had a $1.0 million remaining balance, which is committed to ROPS 24-25 and 25-26 obligations.
CITY GOAL SUPPORTED BY THIS ITEM
Financial Health – Maintain a balanced budget and adequate reserves.
FISCAL IMPACT
The adoption of Resolution No. SA 2025-01 (Attachment 1) and ROPS 26-27 (Attachment 2) is the first step in the process to ensure that the Enforceable Obligations of the Successor Agency are paid in full for FY 2026-27.
ALTERNATIVE(S)
1. Provide alternative direction to staff.
ATTACHMENT(S)
1. Resolution No. SA 2025-01
2. Exhibit A Annual ROPS Schedule 26-27 (July 1, 2026 – June 30, 2027)
3. Exhibit B FY 2026-27 Administrative Budget (July 1, 2026 – June 30, 2027)
RESOLUTION NO. SA 2025-01
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE HESPERIA
COMMUNITY REDEVELOPMENT AGENCY , APPROVING THE ANNUAL
2026-27 RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR
SUBMISSION TO THE COUNTYWIDE OVERSIGHT BOARD
WHEREAS, pursuant to Health and Safety Code (HSC) Section 34172 (a)(1), the Hesperia Community Redevelopment Agency was dissolved on February 01, 2012; and
WHEREAS, the City of Hesperia elected to serve as the Successor Agency to the former Hesperia Community Redevelopment Agency (“Successor Agency”) pursuant to Assembly Bill x1 26 (“Abx1 26”) as codified in the California Health and Safety Code (“HSC”); and
WHEREAS, Abx1 26 was amended by Assembly Bill 1484 and Senate Bill 107 (collectively, the “Dissolution Act”); and
WHEREAS, among the duties of successor agencies under the Dissolution Act as amended is the preparation of an annual Recognized Obligation Payment Schedule (“ROPS”), per HSC Section 34177 (i); and
WHEREAS, pursuant to HSC Section 34177( l) of the Health and Safety Code ("HSC"), the Successor Agency must prepare a Recognized Obligation Payment Schedule (ROPS ) for each fiscal year period (commencing each July 1), listing the estimated payment amounts for enforceable obligations and the source of funds for each such payment during such fiscal period; and
WHEREAS, each ROPS prepared by the Successor Agency must be submitted to the Countywide Oversight Board (Oversight Board) and the State Department of Finance (DOF ) for approval; and
WHEREAS, the County will not make any redevelopment property tax trust fund (RPTTF) distributions to the Successor Agency for use in payment of the obligations listed on the ROPS until the ROPS has been approved by the Countywide Oversight Board and DOF; and
WHEREAS, the Successor Agency has prepared a ROPS for the period of July 01, 2026 through June 30, 2027 which is attached hereto as Exhibit A and the Successor Agency has prepared the Fiscal Year 2026-27 Administrative Budget which is attached hereto as Exhibit B; and
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Hesperia, as Successor Agency to the Hesperia Community Redevelopment Agency, as follows:
Section 1. The Successor Agency herby finds that all of the facts set forth in this Resolution are true and correct and are a substantive part of this Resolution, incorporated herein by this reference.
Section 2. The Successor Agency herby approves and adopts the ROPS 26-27 covering the period of July 1, 2026 to June 30, 2027 in substantially the form attached hereto as Exhibit A, as required by the Dissolution Act. The Successor Agency accepts changes made by the Consolidated Oversight Board in advance in order to enable the Successor Agency to submit the ROPS 26-27 to the DOF.
Resolution No. SA 2025-01
Section 3. Pursuant to the Dissolution Act, the Successor Agency approves the Fiscal Year 2026-27 Administrative Budget for the period July 1, 2026 to June 30, 2027 submitted herewith as Exhibit B, which is incorporated herein by this reference.
Section 4. The City Manager or another representative of the Successor Agency is her eby authorized and directed to post a copy of the ROPS 26-27 on the City’s website and transmit a copy of this Resolution along with the approved ROPS to the San Bernardino Countywide Oversight Board for consideration and approval.
Section 5. That the City Clerk shall certify to the passage and adoption of this Resolution and enter it into the book of original resolutions.
ADOPTED AND APPROVED this 2nd day of December 2025.
______________________________
Mayor
ATTEST:
____________________________
Jessica Giber, Assistant City Clerk
Successor Agency:
County: San Bernardino
Current Period Requested Funding for Enforceable Obligations (ROPS Detail) 26-27 A Total
(July - December)
26-27 B Total
(January - June) ROPS 26-27 Total
A Enforceable Obligations Funded as Follows (B+C+D): 1,000,000$ -$ 1,000,000$ B Bond Proceeds - - -
C Reserve Balance 1,000,000 - 1,000,000
D Other Funds - - -
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G): 5,931,385$ 1,629,798$ 7,561,183$ F RPTTF 5,885,497 1,583,909 7,469,406
G Administrative RPTTF 45,889 45,889 91,777
H Current Period Enforceable Obligations (A+E): 6,931,385$ 1,629,798$ 8,561,183$ Certification of Oversight Board Chairman: David Wert Chairman Pursuant to Section 34177 (o) of the Health and Safety Code, I hereby certify that the above is a true and accurate Recognized Obligation Payment Schedule for the above named successor agency. Signature Date
Recognized Obligation Payment Schedule (ROPS 26-27) - Summary Filed for the July 1, 2026 through June 30, 2027 Period Attachment 2
A B C D E F G H I J K L M N O P Q R S T U V W
Bond Proceeds Reserve
Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF
94,775,479$ 8,561,183$ -$ 1,000,000$ -$ 5,885,497$ 45,889$ 6,931,385$ -$ -$ -$ 1,583,909$ 45,889$ 1,629,798$ 74 Administrative Costs Administrative Costs 7/1/2026 6/30/2027 Successor Agency; City of Hesperia; Consultants
Agency administrative costs 1 & 2
1,193,101 N 91,777$ 45,889 45,889$ 45,889 45,889$ 76 Hesperia 2018A TARBS Refunding Bonds
Issued After 6/27/12
9/11/2018 9/1/2037 U.S. Bank Refunding of 2005 and
2007 bond series for
interest savings
1 & 2
91,024,916 N 5,960,944$ 4,377,034 4,377,034$ 1,583,909 1,583,909$ 77 Hesperia 2018B TARBS Refunding Bonds
Issued After 6/27/12
9/11/2018 9/1/2026 U.S. Bank Refunding of 2005 and
2007 bond series for
interest savings
1 & 2
2,497,963 N 2,497,963$ 1,000,000 1,497,963 2,497,963$ - -$ 79 Trustee Bond
Administration Fees - 2018
TARBS - Series A
Fees 9/11/2018 9/1/2037 U.S. Bank Bond Administration Fees for 2018 TARBS
1 & 2
48,000 N 4,000$ 4,000 4,000$ -$ 80 Trustee Bond
Administration Fees - 2018
TARBS - Series B
Fees 9/11/2018 9/1/2026 U.S. Bank Bond Administration Fees for 2018 TARBS
1 & 2
4,000 N 4,000$ 4,000 4,000$ -$ 82 Arbitrage - 2018 TARBS
Series A & B
Fees 9/11/2018 9/1/2037 Willdan Bond Arbitrage for 2018 TARBS
1 & 2
7,500 N 2,500$ 2,500 2,500$ -$ -$ -$ -$
Fund Sources 26-27 A
Total
26-27 B (January - June)
Fund Sources
City of Hesperia Recognized Obligation Payment Schedule (ROPS 26-27) - ROPS Detail July 1, 2026 through June 30, 2027
(Report Amounts in Whole Dollars)
Item # Project Name/Debt
Obligation Obligation Type
Contract/
Agreement
Execution Date
Contract/Agreement
Termination Date Payee Description/Project Scope Project Area Total Outstanding Debt or Obligation
26-27 B
TotalRetired ROPS 26-27
Total
26-27 A (July - December)
A B C D E F G H
Reserve Balance Other Funds RPTTF
Bonds issued on or
before 12/31/11
Bonds issued on or
after 01/01/12
Prior ROPS RPTTF
and Reserve
Balances retained for
future period(s)
Rent,
Grants,
Interest, etc.
Non-Admin
and
Admin
1 Beginning Available Cash Balance (Actual 07/01/23)
RPTTF amount should exclude "A" period distribution amount 1,053,734 78,753 5,661 E: Includes reserves from ROPS 24-25, PPA 2021-
22 of $24,923 + ROPS 25-26, PPA 22-23 of
$28,811 + $1,000,000 debt service reserve held
F: $31,964 reserved for ROPS 23-24 (Item 76)
+$8,441 reserved for ROPS 24-25 (Item 76) +
$38,348 reserved for ROPS 25-26 (Item 76)
G: $5,661 PPA 20-21 (ROPS 23-24)
2 Revenue/Income (Actual 06/30/24)
RPTTF amount should tie to the ROPS 23-24 total distribution from the County Auditor-Controller
106,615 9,800,960
F: 23-24 Interest Revenues
G: RPTTF
3 Expenditures for ROPS 23-24 Enforceable Obligations
(Actual 06/30/24)
1,000,000 31,964 8,765,896 E: Retention for debt service
F: Other funds expenditures
G: Matches PPA 23-24 expenses less retention for
debt service
4 Retention of Available Cash Balance (Actual 06/30/24) RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
53,734 46,788 1,000,000 E: ROPS 24-25, PPA 2021-22 of $24,923 + ROPS
25-26, PPA 22-23 of $28,811
F: $8,441 reserved for ROPS 24-25 (Item 76) +
$38,348 reserved for ROPS 25-26 (Item 76)
G: Debt service reserve held for ROPS 24-25
5 ROPS 23-24 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 23-24 PPA
form submitted to the CAC 40,725
6 Ending Actual Available Cash Balance (06/30/24)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
0$ 0$ 0$ 106,616$ 0$ No entry required
City of Hesperia Recognized Obligation Payment Schedule (ROPS 26-27) - Report of Cash Balances July 1, 2023 through June 30, 2024
(Report Amounts in Whole Dollars)
ROPS 23-24 Cash Balances
(07/01/23 - 06/30/24)
Fund Sources
Comments
Bond Proceeds
Item # Notes/Comments
City of Hesperia Recognized Obligation Payment Schedule (ROPS 26-27) - Notes July 1, 2026 through June 30, 2027
EXHIBIT B
HESPERIA SUCCESSOR AGENCY
ADMINISTRATIVE BUDGET FY 2026-27
FOR JULY 1, 2026 to JUNE 30, 2027
Expense Category Responsibilities
FY 2026-27
Proposed
Budget
1. AGENCY STAFF
Finance
Process payment of enforceable obligations
Maintain documentation of Agency records
Coordinate with consultant to answer questions and provide documentation as requested by Oversight Board, County Auditor-Controller, and Department of Finance
$23,889
City Manager Provide direction to other staff and consultants as needed $10,417 Economic Development Administration and Implementation of Agency meetings and wind-down $7,874 City Clerk Administration of Agency meetings $7,837
AGENCY STAFF TOTAL $50,017
2. PROFESSIONAL SERVICES
Administrative services (RSG)
Prepare ROPS, PPA, staff reports, and resolutions
Assist with administration of the Owner Participation Agreement (“OPA”) and other reporting
Coordinate with and answer questions for Oversight Board, County Auditor-Controller, and Department of Finance
Attend Oversight Board meeting
Monitor and project cash flow to ensure sufficient revenues for obligations and to inform Agency staff of expected revenues
$20,000
Legal Provide general legal services as needed $2,800
Expense Category Responsibilities
FY 2026-27
Proposed
Budget
Review staff reports and resolutions
Audit Costs Prepare Successor Agency portion of audited financial statements $7,010 Disclosure/Dissemination Agent
Services – 2018 TARBS Series
A&B
Annual continuing disclosure and dissemination agent reporting fees $1,950 Property Disposition LRPMP property disposition expenses such as appraisals and staff time related to property disposition $10,000
PROFESSIONAL SERVICES TOTAL $41,960
TOTAL BUDGET $91,777
City of Hesperia
STAFF REPORT
DATE: December 2, 2025
TO: Mayor and Council Members
FROM: Rachel Molina, City Manager
BY: Casey Brooksher, Assistant City Manager
SUBJECT: Consideration of Ji Vel Relief Services Veterinary Contract
RECOMMENDED ACTION
It is recommended that the City Council authorize the City Manager to approve a one-year contract with Ji Vel Relief Veterinary Services in the not-to-exceed amount of $197,000, and to approve a one-year contract for Spay and Neuter, telemedicine, vaccination clinics, and premise permit services.
BACKGROUND
The City depends on licensed veterinary services to keep the Animal Shelter operating safely and in compliance with state regulations. These services include spay and neuter procedures, telemedicine evaluations, vaccination clinics, and oversight of the Premise Permit that authorizes the shelter to store and use controlled medications. Because these medications are used for surgeries and other treatments, the California Veterinary Medical Board requires the shelter to maintain a Premises Permit. The veterinarian named on the permit is respo nsible for keeping controlled substances secure, maintaining accurate drug logs, managing inventory and disposal, and ensuring that all drug-handling practices comply with state and federal requirements.
While the City continues to contract for these serv ices, it has also been trying to hire a full -time veterinarian. Despite extensive outreach with mailing information to roughly 25,000 licensed veterinarians, contacting veterinary schools nationwide, advertising in professional publications, and attending industry trade shows, the position has not been filled.
On May 16, 2025, the City released a Request for Formal Bids (RFB) for spay and neuter services, telemedicine, and Premise Permit oversight. The RFB was advertised in the Victorville Daily Press, posted on Public Purchase, and sent to 20 local veterinary providers. Only one response was received, submitted by Ji Vel Relief Veterinary Services, owned by Dr. Jaime Velasco, who had previously provided these services to the City. Their proposal offered a one -year contract from July 1, 2025, through June 30, 2026, for a total cost of $170,600.
At the June 3, 2025 , meeting, the City Council approved only a six -month contract with Ji Vel Relief Veterinary Services, from July 01 through December 31, 2025, for a total of $85,300.
Additionally, the City Council directed staff to issue a new RFB to generate additional interest.
Staff Report to the Mayor and Council Members
Dr. Velasco Veterinary Services
December 2, 2025
ISSUES/ANALYSIS
Following the City Council’s direction at the June 3, 2025, meeting, staff issued a second RFB on October 26, 2025. Not only did the City advertise the RFB locally, but staff also reached out to area veterinarians and posted the bid on Public Purchase. When the bid period closed on November 13, 2025, Ji Vel Relief Veterinary Services was once again the sole responsive bidder.
The response offered a one-year contract at a maximum cost of $197,000, an increase of $26,400 over the proposal received in May.
CITY GOAL SUPPORTED BY THIS ITEM
Public Safety - Ensure public safety resources adequately protect our community
FISCAL IMPACT
The FY 2025 –26 Budget includes $170,600 for spay and neuter services, telemedicine evaluations, vaccination clinics, and the Premise Permit. By December 31, 2025, the City will have used $85,300 of that amount.
If the City Council approves the new contract, the cost for the period from January 1 through June 30, 2026, will be $98,500, exceeding the remaining budget by $13,200. If savings cannot be identified elsewhere, this additional amount will need to be included in the final FY 2025–26 year- end adjustments.
ALTERNATIVE(S)
1. Provide alternative direction to staff.
ATTACHMENT(S)
None
City of Hesperia
STAFF REPORT
DATE: November 18, 2025
TO: Mayor and Council Members
FROM: Rachel Molina, City Manager SECOND READING AND ADOPTION BY: Orlando Acevedo, Director of Development Services
Andrew Lemke, Building Official
SUBJECT: Adoption of Ordinance No. 2025-08 adopting the 2025 California Building Codes
RECOMMENDED ACTION
It is recommended that the City receive Ordinance No. 2025 -08, adopting changes to Hesperia Municipal Code Chapters 15.04; adopting and amending the following codes and their references:
the 2025 California Building Code, the 2025 California Residential Code, the 2025 California Electrical Code, the 2025 California Mechanical Code, the 2025 California Plumbing Code, the 2025 California Fire Code , the 2025 California Green Building Standards Code, the 2025 California Referenced Standards Code, the 2025 California Energy Code , the 2025 California Historical Building Code, the 2025 California Administrative Code, the 2025 California Existing Building Code, the 2025 California Wildland -Urban Interface Code (all hereafter referenced as the Building Codes) and hold a public hearing regarding this matter on November 18 , 2025 and continue the hearing to December 2, 2025.
BACKGROUND
Every three years, the California Building Standards Commission (BSC) adopts a new edition of the California Building Standards Code (Title 24), which incorporates model codes developed by the International Code Council (ICC), the International Association of Plumbing and Mechanical Officials (IAPMO), and the National Fire Protection Association (NFPA). The BSC amends these model codes to reflect California -specific requirements established by s tate agencies. Once adopted, the updated codes are published and become effective statewide on a uniform date.
The 2025 California Building Standards Codes were published on July 1, 2025, and are scheduled to take effect on January 1, 2026.
The City of He speria adopts each new code cycle by ordinance to maintain alignment with the State while incorporating local amendments that reflect Hesperia’s unique topographic, climatic, and geological conditions. The City’s last adoption occurred in November 2022 under Ordinance No. 2022-16, which established the 2022 California Building Standards Codes along with specific amendments addressing fire protection, grading, and swimming pool safety. Consistent with prior practice, staff has prepared Ordinance No. 2025 -08 to update these provisions and ensure continuity of enforcement when the 2025 codes take effect.
ISSUES/ANALYSIS
The proposed ordinance repeals and replaces Chapters 15.04 (“Building Codes”) of the Hesperia Municipal Code. This update adopts by reference the 2025 California Building Standards Codes and incorporates limited local amendments necessary to maintain existing City standards. These
Staff Report to the City Council
Adoption of Ordinance 2025-08 Adopting the 2025 California Building Codes November 18, 2025
amendments address the same key areas as in prior adoptions: fire protection, swimming pool safety, and grading, with the addition of the new California Wildland-Urban Interface Code.
Section 15.04 continues to identify the adopted suite of State codes that serve as the City’s Building Regulations. All previously adopted appendix chapters are retained, including California Building Code Appendix I (Patio Covers), California Plumbing Cod e Appendices A, I, and H (Water Supply Sizing, Installation Standards, and Private Sewage Disposal Systems), and California Fire Code Appendix B (Fire Flow Requirements). These appendix chapters are not automatically adopted by the State and must be expres sly included by local ordinance. Their retention ensures continuity of standards used by the City for septic systems, patio cover construction, and fire flow design.
The long -standing local amendments requiring automatic fire sprinkler systems remain unchanged. Section 15.04.030 continues to require an automatic fire sprinkler system in all new buildings exceeding 5,000 square feet, and Section 15.04.040 requires sprinkler installation in existing buildings of 5,000 square feet or more when expanded or converted to a more hazardous occupancy. These provisions have been in place for over two decades and are well established among local developers.
Section 15.04.050, relating to swimming pool barriers and safety devices, has been updated for consistency with Section 3109.1 of the California Building Code, which incorporates the International Swimming Pool and Spa Code (ISPSC) by reference. Because the ISPSC is automatically adopted through the CBC, no separate local adoption is required. The City will continue to apply its established safety standards, including defining a swimming pool as any body of water exceeding 18 inches in depth and requiring a minimum barrier height of 60 inches.
These provisions exceed the State minimum and reflect Hesperia’s historic al safety standard, emphasizing child protection and accident prevention.
A notable addition for the 2025 cycle is the inclusion of the California Wildland -Urban Interface Code (CWUIC). This code establishes construction and material standards for buildin gs located within designated fire hazard severity zones. Its adoption aligns the City’s regulations with the State Fire Marshal’s updated hazard severity maps, which took effect July 22, 2025. Incorporating this code ensures consistency with state wildfire mitigation standards and supports the City’s continued focus on community resilience in the High Desert region.
Conclusion: Overall, the adoption of the 2025 California Building Standards Codes and accompanying amendments will allow the City of Hesperia to remain current with statewide construction standards while preserving essential local regulations tailored to Hesperia’s geographic and climatic conditions. Adoption of these codes will ensure that new construction continues to reflect best practices in safety, energy efficiency, environmental protection, and wildfire resiliency.
CITY GOAL SUPPORTED BY THIS ITEM
Future Development – Facilitate balanced growth to ensure cohesive community development and pursue economic development.
FISCAL IMPACT
There is no fiscal impact associated with this action. The cost of code enforcement services will continue to be supported by building permit and plan review fees already in place.
Staff Report to the City Council
Adoption of Ordinance 2025-08 Adopting the 2025 California Building Codes November 18, 2025
ALTERNATIVE(S)
The City Council may adopt the ordinance as proposed, direct staff to make modifications, or take no action. If no action is taken, the 2025 California Building Standards Codes will take effect automatically on January 1, 2026, without the City’s local amendments.
ATTACHMENT(S)
1. Ordinance No. 2025-08
2. Exhibit A – Proposed Chapter 15.04 “Building Codes”
ORDINANCE NO. 2025-08
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF HESPERIA, CALIFORNIA, REPEALING AND ADOPTING CHAPTERS 15.04 OF THE HESPERIA MUNICIPAL CODE , AND ADOPTING BY REFERE NCE THE 2025 CALIFORNIA BUILDING CODE, 2025 CALIFORNIA RESIDENTI AL CODE , 2025 CALIFORNIA ELECTRICAL CODE, 2025 CALIFORNIA MECHANICAL CODE , 2025 CALIFORNIA PLUMBING CODE , 2025 CALIFORNIA FIRE CODE , 2025 CALIFORNIA GREEN BUILDING STANDARDS C ODE, 2025 CALIFORNIA ENERGY CO DE, 2025 CALIFORNIA HISTORICAL CODE, 2025 CALIFORNIA EXISTING BUILDING CODE, 2025 CALIFORNIA ADMINISTR ATIVE CODE, 2025 CALIFORNIA WILD LAND- URBAN INTERFACE CODE , AND 2025 CALIFORNIA REFERENCED STANDARDS CODE
WHEREAS, The City of Hesperia has the authority and responsibility to regulate building construction to protect the public health, safety, and welfare; and
WHEREAS, Title 15, Chapter s 15.04 of the Hesperia Municipal Code were adopted for that purpose, and contain such building regulations and grading regulations for the City of Hesperia ; and
WHEREAS, The Cal ifornia Building Standar ds Commission published the 2025 California Building Code, 2025 California Residential Code, 2025 California Electrical Code, 2025 California Mechanical Code, 2025 California Plumbing Code, 2025 California Fire Code, 2025 Administrative Code, 2025 California Green Building Standards Code, 2025 California Energy Code, 2025 California Historical Code, the 2025 California Existing Building C ode, 2025 California Administrative Code, 2025 California Wildland -Urban Interface Code, and 2025 California Referenced Standards Code, (hereafter, 2025 Building Codes) on July 1, 2025; and
WHEREAS, The City of Hesperia wishes to make certain changes and amendments to the 2025 suite of California Building Codes; and
WHEREAS, The California Building Standards Commission voted to establish January 1, 2026, as the effective date for the 2025 Building Codes; and
WHEREAS, The California Government Code, Section 50022.2 authorizes cities to adopt Building Codes by reference; and
WHEREAS, The California Health and Safety Code, Section 17922, 17958.5, and 17958.7 allows modifications to the 2025 Building Codes when they are reasonably necessary to better protect the public safety by reducing the risk of hazards to life and property of the citizens of Hesper ia due to:
1. Topographic conditions. The City of Hesperia is situated in the High Desert Region of the Western Mojave Desert. The elevation rises from three thousand two hundred (3,200) feet in the north to about four thousand (4,000) feet above sea level to the south. Isolated from the population centers of the Los Angeles basin by the San Gabriel and San Bernardino Mountains. The only access to timely mutual aid response is through the Cajon Pass. In the event of a major fire or earthquake in the Pass, assistance from the south would be unable to reach the City. The City of Hesperia covers a large geographical area of over seventy-three square miles, is bisected by the BNSF Railway, the Southern Pacific
Ordinance No. 2025-08
Railroad, the California aqueduct, the Interstate 15 Fr eeway, and two major electrical transmission corridors which cause limited access acro ss and through the City. The limited access slows emergency response times for public safety personnel.
2. Geologic conditions. The City of Hesperia is located within fift een (15) kilometers of the San Andreas Fault and within ten (10) kilometers of the Cleghorn an d North Frontal fault systems. The proximity to these local earthquake faults creates an increased potential for severe ground shaking and surface ruptures which can cause personal and property damage, utility interruptions, fire hazards and hazardous materials releases. Additionally, significant roadway, bridge structure, water supply and communications systems are subject to failure, thereby causing a detriment t o emergency services response times and fire suppression delivery.
3. Climatic conditions. The City of Hesperia lies within the High Desert Region of the Western Mojave Desert, an area subject to extremely strong winds, commonly known as “Santa Ana Winds” wh ich can reach speeds in excess of 80 miles per hour. Extensive damage frequently accompanies these winds, such as blowing sand and debris, downed power lines, fallen trees and structural damage to buildings. These conditions result in increased demand for fire services, blocked or delayed emergency vehicle access and impaired water supplies and building emergency systems. During summer months, the Santa Ana Winds produce periods of extremely low humidity, thereby reducing the moisture content of vegetative fuels and increasing the possibility and severity of fire from dry vegetation and other common combustibles. Also, during the summer months, the City of Hesperia experiences prolonged periods of temperatures in excess of one hundred degrees Fahrenheit (100 0F). When coupled with sustained severe Santa Ana Winds, an increase in the threat from rapidly moving wildfires exists. The City of Hesperia does not have a storm drainage system and therefore d uring the winter months, heavy rains occasionally cause damage to roadways or leave built-up mud and debris, rendering them completely impassible, or with limited access, sometimes for extended periods.
WHEREAS, A copy of the 2025 Building Codes identified in this Ordinance ha ve been filed with the City Clerk of th e City of Hesperia and are kept in the office of the Building Official in accordance with California Government Code Section 50022.6; and
WHEREAS, On November 18, 2025, the City Council of the City of Hesperia conducted a duly noticed Public Hearing as re quired by Government Code Section 50022.3 and concluded said hearing on that date; and
WHEREAS, All legal prerequisites to the adoption of this Ordinance have occurred.
NOW THEREFORE, THE HESPERIA CITY COUNCIL DOES ORDAIN AS FOLLOWS:
Section 1. All of the facts set forth in the forgoing recitals are true, correct and are adopted as findings.
Section 2. Chapter 15.04 of the H esperia Municipal Code entitled “Building Codes”, adopted by Ordinance No. 2022-16 is hereby repealed, provided that said repeal shall not apply to or excuse any violations thereof occurring prior to the effective date of this Ordinance and provided further that the building regulations as adopted by referen ce and amended by Ordinance 2022-16 shall be applicable to construction p rojects for which plans have been submitted for plan r eview and the plan review fees paid as of December
Ordinance No. 2025-08
31, 2025; provided that neither the plan r eview nor permits issued for construction of the structure expire.
Section 3. Chapter 15.04 of the Hesperi a Municipal Code entitled “Building Codes” is hereby added as set forth in “Exhibit A” attached hereto and incorporated herein by this reference.
Section 4. This Ordinance shall take effect on January 1, 2026.
Section 5. The City Council of the City of Hesperia hereby declares that should any provision, section, paragr aph, sentence, or word of this Ordinance hereby adopted be rendered or declared invalid by any final court action in a court of competent jurisdiction, or by any reason of any preemptive legislation, the remaining provisions, sections, paragraphs, sentences, and words shall remain in full force and effect.
Section 6. The City Clerk shall certify to the adoption of the Ordinance and shall cause the same to be posted in three (3) public places within the City of Hesperia pursuant to the provisions of Resolution 93-78.
ADOPTED AND APPROVED this December 2, 2025.
Mayor
ATTEST:
Jessica Giber, Assistant City Clerk
EXHIBIT “A”
CHAPTER 15.04
BUILDING CODES
SECTIONS:
15.04.010 California Codes Adopted
15.04.020 Appendix Chapters Added
15.04.030 Automatic Fire Sprinklers
15.04.040 Previously Constructed Buildings- Sprinkler Systems
15.04.050 Swimming Pools, Spas, and Hot Tubs Barriers and Safety Devices
15.04.010 California Codes Adopted
The 2025 California Building Code, Volumes 1 and 2; 2025 California Residential Code; 2025 California Electrical Code; 2025 California Mechanical Code; 2025 California Plumbing Code; 2025 California Fire Code; 2025 California Administrative Code; 2025 California Green Building Standards Code; 2025 California Energy Code; 2025 California Historical Building Code; 2025 California Existing Building Code; 2025 California Referenced Standards Code; and the 2025 California Wildland -Urban Interface Code are hereby adopted by reference as the Building Regulations for the City of Hesperia, together with the amendments, additions, deletions, and exceptions set forth in this Chapter.
The design and construction of swimming pools, spas, and hot tubs shall comply with the International Swimming Pool and Spa Code (ISPSC) as referenced in Section 3109.1 of the California Building Code.
All codes and standards referenced herein are on file with the Building Official and available for public inspection in accordance with the Government Code Section 50022.6.
15.04.020 Appendix Chapters Added
The following appendix chapters are specifically adopted:
A. Appendix Chapter I of the 2025 California Building Code titled “Patio Covers.” is hereby adopted in its entirety.
B. Appendix Chapter A of the 2025 California Plumbing Code titled “Recommended Rules for Sizing the Water Supply System,” is hereby adopted in its entirety.
C. Appendix Chapter I of the 2025 California Plumbing Code titled “Installation Standards,” is hereby adopted in its entirety.
D. Appendix Chapter H of the 2025 California Plumbing Code titled “Private Sewage Disposal Systems,” is hereby adopted in its entirety.
E. Appendix Chapter B of the 2025 California Fire Code titled “Fire Flow Requirements for Buildings,” is hereby adopted in its entirety.
F. Chapter 1 of the 2025 California Building Code, is hereby adopted in its entirety.
15.04.030 Automatic Fire Sprinklers
In addition to the requirements of Section R313 of the California Residential Code, an automatic fire sprinkler system shall be installed in all mobile homes, manufactured homes (HSC Sections 18007 and 18009) and multifamily manufactured homes with two dwelling units (HSC 18008.7) based on the manufacturer’s construction completion date after December 31, 2010, that are set down on private property (excluding mobile home parks).
The fire suppression system shall be permitted and approved through the California
Department of Housing and Community Development (HCD), in accordance with Title 25 of the California Code of Regulations
In addition to the require ments of Section 903 of the 2025 California Building Code, an automatic fire extinguishing system shall be installed in every building of Group A, B, E, F, H, I, L , M, S or U with 5,000 or more square feet of floor area or two or more stories in height.
EXCEPTIONS:
1. Buildings separated into fire areas of less than 5,000 square feet by one or more four (4) hour separation walls constructed in accordance with Table 721.1(2) of the California Building Code, containing no openings and extending from the foundation to a point at least 30-inches above the roof line.
2. Canopies constructed entirely of non -combustible materials with no enclosing walls and spaced at least ten (10) feet from adjacent buildings or structures.
3. Mini-storage buildings constructed entirely of non-combustible materials and not containing hazardous materials.
4. Buildings with a single, small, low occupancy room on the second floor, when approved by the Fire Chief and Building Official.
15.04.040 Previously Constructed Buildings- Sprinkler Systems Previously constructed buildings with a floor area of 5,000 square feet or more and which are proposing to add floor area, change their occupancy classification to a more hazardous classification, or significantly alter or remodel the building , shall install an automatic fire extinguisher system.
EXCEPTIONS:
1. Minor t enant improvements, maintenance, and repair such as interior and exterior painting, carpeting, interior window coverings, dra pes, interior non - bearing partitions, surface re-roofing or plumbing, mechanical and electrical repairs.
15.04.50 Swimming Pools, Spas, and Hot Tubs Barriers and Safety Devices
A. General: Swimming pools, spas, and hot tubs shall comply with the requirements of this section and other applicable sections of the California Building Code, including Section 3109.1 incorporating the International Swimming Pool and Spa Code by reference.
B. Definitions: For the purposes of this section, “swimming pool” means any structure intended for swimming or recreational bathing that contains water over 18 inches in depth, including in-ground, above-ground, and on-ground pools, hot tubs, spas, and portable or fixed wading pools.
C. Barriers and Enclosures: All swimming pools, spas, and hot tubs shall be protected by a barrier not less than 60 inches in height meeting the construction and gate standards of CBC Section 3109 and ISPSC requirements.
D. Safety Features: When a building permit is issued for a new or remodeled swimming pool or spa, the pool or spa shall be equipped with at least two of the drowning
prevention safety features listed in California Health and Safety Code Section 115922, as locally amended herein.
E. Construction Requirements: Pools and spas shall comply with anti-entrapment and circulation safety provisions per CBC Section 3109 and ISPSC.
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City of Hesperia
STAFF REPORT
DATE: November 18, 2025
TO: Mayor and Council Members
FROM: Rachel Molina, City Manager SECOND READING AND ADOPTION BY: Orlando Acevado, Director of Development Services
Ryan Leonard, Principal Planner
Edgar Gonzalez, Senior Planner
SUBJECT: Specific Plan Amendment SPLA25-00001 and revised Tentative Tract Map No. 18955 (TTR25 -00002); Applicant: Silverwood Development ; Area Affected:
Tapestry Specific Plan (referred to as Silverwood).
RECOMMENDED ACTION
It is recommended that the City Council introduce and place on first reading Ordinance No. 2025-09 and Resolution No. 2025-44 approving Specific Plan Amendment SPLA25-00001 and revised Tentative Tract Map No. 18955 (TTR25-00002), to amend the land use designation of multiple Planning Areas within the Tapestry Specific Plan (referred to as Silverwood) and to make modifications to the lot layout for multiple Planning Areas under TTM No.18955.
BACKGROUND
The Tapestry Specific Plan (Specific Plan), adopted by the City of Hesperia in January 2016, authorizes development of a master-planned community in the southeastern portion of the City.
The project, now known as “Silverwood”, encompasses approximately 9,365 acres and permits up to 15,663 residential units in a range of densities and styles, along with mixed -use districts, schools, parks, fire stations, trails, and more than 3,500 acres of preserved open space and conservation areas. The Specific Plan is being implemented in multiple phases, beginning with Phase 1, which is currently under construction.
The implementation of Phase 1 is guided by a series of Tentative Tract Maps (TTMs), each establishing a different level of subdivision and development detail. The history and current status of each map are summarized below.
Tentative Tract Map No. 18985
Tentative Tract Map (TTM) 18985 was the first layer of mapping for the Specific Plan, creating large parcels consistent with future phasing and large open space areas. The map subdivided the property into 15 parcels, each ranging from 40 acres to over 1,000 acres, to facilitate future subdivision, development and project financing.
TTM 18985 was recorded in 2020 and establishes the framework for subsequent subdivision maps and phasing of the Silverwood development.
Tentative Tract Map No. 18989
TTM 18989 represents the second layer of subdivision, breaking Phase 1 into 39 lots over 986 gross acres. These lots established plan ning areas for future residential tracts, schools, parks,
Staff Report to the City Council
SPLA25-00001 and TTR25-00002
November 18, 2025
open space, water quality basins, and public facilities. The map also created the backbone infrastructure for Phase 1, including roadways and utility corridors. The City Council approved TTM 18989 o n January 26, 2016, as part of the initial implementation of the Tapestry Specific Plan.
Following its approval, the City has taken a series of actions to record portions of the subdivision and refine certain planning areas. On May 16, 2023, the City Coun cil approved and recorded Final Tract Map 18989-1, which created 14 numbered lots, 7 lettered lots, roadway dedications, and remainder parcels to establish the backbone right-of-way and infrastructure improvements.
On December 3, 2024, the City Council approved and recorded Final Tract Map 18989-2, which further subdivided remainder parcels and certain lots into three numbered lots and four lettered lots.
On August 13, 2025, the Development Review Committee (DRC) approved a Tentative Tract Revision for TTM 18989 to expand Lot 23 to accommodate the previously approved Wastewater Treatment Plant that was included in the Original Tapestry Specific Plan , adjust the overall boundary to incorporate an additional 1.9 acres consistent with the realignment of Kenn edy Meadows, and reconfigure lot numbering. These modifications did not result in an increase in the number of residential units or changes to the approved development standards. To implement these changes, Final Tract Map 18989-3 was prepared and is in the process of being recorded.
Tentative Tract Map No. 18955
TTM 18955 is the third layer of mapping, subdividing the Planning Areas established by TTM 18989 into individual single -family residential lots. Originally, TTM 18955 proposed 24 tracts totaling 1,884 single-family units, along with two additional parcels that could accommodate up to 220 attached units, for a total of 2,104 u nits in Phase 1. The map also reserved lots for parks, open space, water quality basins, and a wastewater treatment plant.
When the Specific Plan was adopted in 2016, the City Council imposed minimum lot size requirements to ensure compatibility along the project edge. Specifically, a 5,000 square -foot minimum lot size was established for Phases 1–4 and 6–10, and an 18,000 square-foot minimum lot size was required for lots adjacent to the perimeter boundary within designated Planning Areas. Implementation of these requirements reduced the total Phase 1 lot count slightly from 2,104 to 2,097 units.
Subsequent approvals have further refined the map. In 2022, the DRC approved minor modifications to incorporate the larger perimeter lot sizes while maintaining the approved overall layout. In 2024, the DRC approved additional adjustments to the eastern and western portions of the map to refine roadway alignments and lot configurations.
Planning Commission Review
On October 9, 2025, the Planning Commission deliberated and discussed the proposed Specific Plan Amendment and the revision to Tentative Tract Map No. 18955 . Three Planning Commissioners disclosed a conflict of interest (Earl Hodson – Contractor working on the project, Timothy Auman and Sophie Steeno – living with 500 feet of the project site), and were required to recuse themselves from participating in the public hearing. To ensure that a quorum of three commissioners could be maintained, a fair coin toss was conducted to determine which one of the conflicted commissioners would remain on the hearing panel. Commissioner Steeno won the coin toss and participated in the hearing, allowing the meeting to proceed in compliance with quorum requirements. After the discussion, the Planning Commission voted 3-0 to forward this
Staff Report to the City Council
SPLA25-00001 and TTR25-00002
November 18, 2025
item to the City Council with a recommendation for approval. There were no residents who spoke either in favor of or in opposition to the proposed project.
ISSUES/ANALYSIS
The developer is now proposing an amendment to the Tapestry Specif ic Plan that would revise the approved Land Use Plan to modify certain zoning designations within designated Planning Areas. In conjunction with these proposed zone changes, the applicant is also proposing an amendment to Tentative Tract Map No. 18955 to adjust the approved lot layouts within Phase 1B and Phase 1C. The modifications to the map are a direct result of the proposed zoning changes, as well as additional refinements to lot configurations and street alignments within some of the Planning Areas. The proposed zone changes and revisions to Tentative Tract Map No. 18955 are further described below.
Proposed Land Use Changes: In Phase 1B, Planning Area A41 will be replaced by Planning Area A42, with the zoning designation changing from Medium Density (minimum lot size of 2,900 square feet) to Low Medium Density (minimum lot size of 5,000 square feet). Similarly, Planning Area A10 will be replaced by Planning Area A43, changing from Park (no minimum lot size requirements) to Low Medium Density (minimum lot size of 5,000 square feet) . In Phase 1C, Planning Area A14 will be changing from Low Density (minimum lot size of 7,200 square feet) to Low Medium Density (minimum lot size of 5,000 square feet).
Overall, these revisions will reflect a shift toward Low Medium Density zoning, with standardized minimum lot sizes of 5,000 square feet (Attachment 1 & 2). The following table reflects the zone changes and minimum lot sizes.
Table 1- Land Use Changes
Planning Area &
Lot Number
Approved
Zone
Minimum
Lot Size Proposed Zone Minimum
Lot Size
Phase 1B
A41 – Lot 30 to be
replaced by A42 –
Lot 18
Medium
Density
2,900
square feet
Low Medium
Density
5,000
square feet
A10 – Lot 31 to be
replaced by A43 –
Lot 19
Park None Low Medium
Density
5,000
square feet
Phase 1C
A14 – Lot 23 Low
Density
7,200
square feet
Low Medium
Density
5,000
square feet
Changes to Tentative Tract Map No. 18955 : As part of the proposed amendment to change the land use designations for three Planning Areas, the applicant also requests modifications to multiple lot layouts within Tentative Tract Map No. 18955. The proposed modifications involve a reconfiguration of the lotting layout, realignment of certain streets, and the reassignment of zoning designations for the three Planning Areas described above.
In Phase 1B, several Planning Areas including A18, A28, and A38 are proposed to experience reductions in the total number of lots, while other Planning Areas, such as A29 , A37, A42, and A43, would see increases. The total number of lots for Planning Area A30 is proposed to remain unchanged. Overall, these modifications would increase the total number of lots within Phase 1B from 740 to 787, representing a net gain of 47 lots.
Staff Report to the City Council
SPLA25-00001 and TTR25-00002
November 18, 2025
In Phase 1C, Planning Areas A14 and A16 are proposed to see increases in total lots, while Planning Area A15 would experience a slight reduction, resulting in an increase in the total number of lots from 325 to 369, or a gain of 44 lots. Collectively, these adjustments represent a combined net increase of 91 lots across both phases.
Even with these modifications, the total number of lots in Phase 1 would remain below the originally approved 2,104 homes, with approximately 2,097 homes projected for construction. The following table summarizes the proposed changes by Planning Area (Attachment 3).
Table 2- Lot Count Changes
Planning Area &
Lot Number
Approved TTM Lots Proposed TTM Lots
Phase 1B
A18 – Lot 20 79 65
A28 – Lot 13 106 98
A29 – Lot 14 72 96
A30 – Lot 15 109 109
A37 – Lot 16 68 79
A38 – Lot 17 106 88
A42 – Lot 18 65 90
A43 – Lot 19 135 162
Total 740 787
Phase 1C
A14 – Lot 23 113 144
A15 – Lot 22 101 99
A16 – Lot 21 111 126
Total 325 369
The three Planning Areas that are subject to the zone change (A42, A43, and A14) would include an increase in the total number of lots as a result of land use adjustments. For example, Planning Area A14 is changing from Low Density to Low Medium Density, reducing the minimum lot size from 7,200 square feet to 5,000 square feet. The smaller lot size requirement allows for the creation of additional lots within the same area. Planning Area A41 is being consolidated into Planning Area A42, with the land use designation shifting from Medium De nsity to Low Medium Density. While the larger 5,000 square foot minimum lot size would normally reduce the total number of lots compared to Medium Density, the overall number of lots in A42 will still increase because the planning area itself is expanding in size with the inclusion of A41. In the same way, Planning Area A10 is being incorporated into Planning Area A43, replacing its former Park designation with Low Medium Density residential. Since A10 was not previously designated for single-family homes, its inclusion into A43 adds entirely new residential lots to the plan.
In contrast, the other Planning Areas are not experiencing zoning changes but are instead being reconfigured through adjustments to lot layouts and internal street patterns. These refin ements improve circulation and neighborhood design, with some Planning Areas resulting in an increase in the total number of lots while others decrease slightly, all within their existing zoning and minimum lot size standards.
The proposed amendment to the Tapestry Specific Plan and modifications to Tentative Tract Map No. 18955 reflect an improvement to the land use plan and lot patterns, bringing them into closer alignment with current development objectives. Collectively, these modifications are intended to
Staff Report to the City Council
SPLA25-00001 and TTR25-00002
November 18, 2025
promote a more balanced distribution of residential densities, enhance the neighborhood design of tracts and support the overall implementation of the Silverwood Development.
Environmental: Approval of the modifications to Tentative Tract Map No. 18 955 is exempt from the California Environmental Quality Act (CEQA) pursuant to Section 15061(b)(3), as it can be determined with certainty that the project will not have a significant effect on the environment. The proposed Specific Plan Amendment is also exempt under this section, as it does not increase the density or intensity permitted by the Tapestry Specific Plan and therefore will not result in significant environmental impacts.
Conclusion: The proposed amendment and tract map modifications are intended to optimize the layout and functionality of the Silverwood community while maintaining consistency with the Tapestry Specific Plan and General Plan.
CITY GOAL SUPPORTED BY THIS ITEM
Future Development - Facilitate balanced growth to ensure cohesive community development and pursue economic development.
FISCAL IMPACT
There are no fiscal impacts identified with this action.
ALTERNATIVE(S)
1. The City Council may provide alternative direction to staff.
ATTACHMENT(S)
1. Amended Land Uses
2. Silverwood Phase 1 (A, B & C) Map for reference
3. Revised TTM No. 18955
4. Ordinance No. 2025-09
5. Resolution No. 2025-44
6. Conditions of Approval
ATTACHMENT 1
LM
LM
A14
LM
N
A43
LM
A42
LM
Phase 1
TRACT
NO.
PLANNING
AREA
MIN. PAD
SIZE
MIN.
LOT
SIZE
DU
18955-5 5 60X100 6,500 69
18955-4 6 55X100 6,000 57
18955-6 7 65X100 7,000 74
18955-7 8 70X100 8,000 46
18955-10 11 60X110 7,200 76
18955-11 12 50X100 5,500 74
18955-12 13 55X100 6,000 71
18955-26 17 2,900 SF - 150
18955-28 SCHOOL - - -
SUBTOTAL 617
TRACT
NO.
PLANNING
AREA
MIN. PAD
SIZE
MIN. LOT
SIZE
DU
18955-24 1 75X130 12,000 27
18955-1 2 90X120 12,000 53
18955-3 3 80X155 12,000 39
18955-2 4 75X110 12,000 84
18955-9 9 110X120 14,000 59
18955-8 10 95X140 14,000 50
18955-23 14 70X100 7,200 110
18955-22 15 65X100 7,000 97
18955-21 16 55X100 6,500 106
SUBTOTAL 625
TRACT
NO.
PLANNING
AREA
MIN. PAD
SIZE
MIN.
LOT
SIZE
DU
18955-20 18 60X100 6,500 75
18955-13 28 50X90 5,000 102
18955-14 29 60X90 6,000 70
18955-15 30 70X90 7,200 104
18955-16 37 65X100 7,000 68
18955-17 38 50X100 5,500 68
18955-25 41 2,900 SF - 72
18955-18 42 55X100 6,000 63
18955-19 43 55X100 6,000 128
- 153 2,900 SF - 27
- 154 CONDOS/
FLATS
-7 4
SUBTOTAL 851
PHASE 1A
PHASE 1B
PHASE 1C
TOTAL 2,093 DU
LUCERNE ST .
SKY PARK ST .
SALTON CT .
PRADO ST .
TOPANGA CT .
BRIDGEWATER CT .
WILDWOOD AVE.
WILDWOOD AVE.
SADDLEBACK CT . SADDLEBACK CT .
CLEMENTE CT .
CASTAIC CT .
CABRILLO CT .
ELDORADO CT .
PFEIFFER CT .
LUNA ST .
WOODS LANE
BASSETS ST .
JULIAN CT .
SATTLEY AVE.
HASKELL CT .
ASPYN CT .
CORTEZ TRAIL ST .ANZA AVE.
BOWMAN AVE.
TANNER AVE.
BASSETS ST .
BASSETS ST .
CRABTREE MEADOWS
MOON CT .
MOON CT .
CASTLE CRAGS
KINLEY ST .
HAWES CT .
WINDY TRAIL AVE.
WINDY TRAIL AVE.
SIERRA CITY AVE.
TEMPEST RD.
STARRY
NIGHT RD.
STORMY AVE.
LURAY ST .
WIND GAP ST .
HARPERSFERRY ST .
VANSICKLE
AVE.
SHASTA AVE.
BAYVIEW AVE.
CUMBERLAND
AVE.
MCAFEE KNOB
AVE.
NEW RIVER
AVE.
NEW RIV-
ER AVE.
GILA RIV-
ER AVE.
EMORY RIVER
AVE.
PINEY RIVER
AVE.
BADEN POWELL ST .BADEN POWELL ST .THE FALLS ST .THE FALLS ST .
CRAB ORCHARD
ST .
NORTH PINES ST .
WILLOW SPRINGS
WILLOW SPRINGS
VERNALST .
ZEPHYR COVE AVE.
ZEPHYR COVE AVE.
HIKER ST .
SOLSTICE CT .
LOWER PINES ST .
UPPER PINES ST .
UPPER PINES ST .
CROWLEY ST .
DOUGLAS AVE.
DOUGLAS AVE.
TREE ST .
PINE CONE ST .
EAGLE LAKE AVE.
SKYLINE TRAIL AVE.
TALLAC
AVE.
CATHEDRAL AVE.
RUBICON AVE.
KINGS CANYON CT .
KINGS CANYON CT .
KINGS CANYON CT .
MIST FALLS CT .
MIST FALLS CT .
GARLAND ST .
CAMPO ST .
GIFFORD ST .
MANNING PARK
SONORA PASS SONORA PASS
SONORA
PASS
SONORA PASS
ISABELLA ST .
RAE LAKES CT .
GIFFORD ST .
GRIZZLY ST .
GRIZZLY ST .
EQUESTRIAN TRAIL
EQUESTRIAN TRAIL
AVALANCHE ST .
SCENIC TRAILSCENIC TRAIL
TULARE AVE.TULARE AVE.
MOUNT ROSEST .
FALLEN LEAF ST .
FALLEN LEAFST .
RIM TRAIL AVE.
TAHOE ST .
BLUE WATER ST .
ALPINE ST .
HIDDEN VALLEY ST .
TUOLOMNE MEADOWS
TUOLOMNE MEADOWS
GRANITE LAKE AVE.
RED BLUFF AVE.
RED BLUFF
AVE.
EATON AVE.
MIRROR ST .
BLACK
MOUNTAIN
LAUREL SNOW
AVE.
INYO AVE.
GLYPH
PARKWAY
PIKEVILLE
AVE.
QUARTZ CREEK
AVE.
BIRD MOUNTAIN
GRASSY COVE ST .
GRASSY COVE ST .
QUARTZ CREEK AVE.
QUARTZ CREEK AVE.
MARION MOUNTAIN MARION MOUNTAIN
MARION MOUNTAIN
APPALACHIAN ST .MONSON ST .KENT ST .
WHISKEY MEADOWSWHISKEY MEADOWS
WHISKEY MEADOWS
WHISKEY MEADOWS
SKY MEADOWS
SKY MEADOWS
MARBLE BROOK AVE.
PAINTER BRANCH AVE.
KATAHDIN AVE.
DAMASCUS AVE.
CASCADE CT .
CABAZON
AVE.
CABAZON AVE.
RAINY PASS
RAINY PASS
RAINY PASS
MCKENZIE CT .
MCKENZIE
CT .
CASTLE ROCK AVE.
CASTLE ROCK AVE.
CUYAMACA AVE.
DOHENY
AVE.
DOHENY
AVE.
OXFORD ST .
OXFORD AVE.
OXFORD AVE.
HONDA VALLEY CT .
ANGELES AVE.
ANGELES AVE.
RED ROCKCT .
PALOMAR CT.
BASS LAKE AVE.
TRESTLES AVE.
OXFORD
ST.
CASCADE CREST
WARNER SPRINGS
WARNER SPRINGS
WALKER PASSWALKER PASS
BARLOW PASS
STEVENS PASS
FORESTER PASS
GLEN PASS
CHINOOK PASS
CHINOOK PASS
CHINOOK PASS
HIGH BRIDGE
HIGH BRIDGE
HIGH BRIDGE
OLD STATION
OLD STATION
OLD STATION
HIGH BRIDGE
OLD STATION
HARTS PASS
HARTS PASS
HARTS PASS
CASCADE CREST
KENNEDY MEADOWS
KENNEDY MEADOWS
PINCHOT PASS
PINCHOT PASS
PINCHOT PASS
CRATER LAKE
GLACIER PEAK
CREST VILLAGE
CREST VILLAGE
CREST VILLAGE
CREST VILLAGE
KENNEDY MEADOWS
KENNEDY MEADOWS
KENNEDY MEADOWS
KENNEDY MEADOWS
SILVERWOOD TRAIL
SILVERWOOD TRAIL
SILVERWOOD TRAIL
SILVERWOOD TRAIL
SILVERWOOD TRAIL
8 70X100
46DU
6 5
7 55X100
57DU
60X100
69DU
65X100
74DU
17 2,900SF
150DU
16 55X100
106DU
1843
42 153
154
37 11
29 30
12 13
SCHOOL
28 41
60X100
75DU
55X100
128DU
55X100
63DU
2,900SF
27DU
CONDOS/FLATS
74DU
65X100
68DU
60X110
76DU
60X90
70DU
70X90
104DU
50X100
74DU
55X100
71DU50X90
102DU
2,900 SF
72DU
38 50X100
68DU
1 2
3 4
14 15
75X130
27DU
90X120
53DU
80X155
39DU
75X110
84DU
70X100
110DU
65X100
97DU
9 10
110X120
59DU
95X140
50DU
1C
1C
1A
1A
1B
1B
1C
HESPERIA, CALIFORNIA
SILVERWOOD
2022-12-08202226
SILVERWOOD PHASE 1 SUMMARY
Attachment 2
SEE SHEET 2
SEE SHEET 3
SEE SHEET 4
SEE SHEET 5
SEE SHEET 6
SEE SHEET 7
SEE SHEET 8
SEE SHEET 9
SILVERWOOD DEVELOPMENT
PHASE 1, LLC
A DELAWARE LIMITED LIABILITY COMPANY, FORMERLY KNOWN AS TAPESTRY DEVELOPMENT PHASE 1. LLC, A DELAWARE LIMITED LIABILITY COMPANY P.O. BOX 401907
HESPERIA, CA, 92340
27404 VIA INDUSTRIA, 2ND FLOOR
TEMECULA, CA 92590
951-200-6840
Sep 04, 2025
GRAPHIC SCALE
CITY OF HESPERIA
TENTATIVE TRACT NO. 18955
LEGAL DESCRIPTION: GENERAL NOTES:
LEGEND:
EARTHWORK QUANTITY ESTIMATES:
UTILITIES AND PUBLIC SERVICES:
BASIS OF BEARINGS: BENCHMARK:
INDEX MAP
TTM SHEET INDEX
FH
FHFH
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3300 3285
3270
3275
3280
3285
3290
3295
3295
3300
3205
3200 3200
3200 3205
32103215322032253230 32403235 3245325032553260 3265
3270327532803285
32903295
3300
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3310
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3290
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3303.4
3299.6
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46 2
1 26
27 28
29 30
25 24
23 22
21 20
19 18
17 16 15
14 13
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6 7
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3290.73289.4
6(( 6+((T 5
GRAPHIC SCALE
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SHEET 2
SHEET 3
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TR#2
TR#26
SILVERWOOD DEVELOPMENT
PHASE 1, LLC
$ D(L$:$5( L,0,T(D L,$%,L,T< &O03$1< )O50(5L< .1O:1 $6 T$3(6T5< D(9(LO30(1T 3+$6( 1 LL& $ D(L$:$5( L,0,T(D L,$%,L,T< &O03$1< 3O %O; 401907
+(63(5,$ &$ 92340
27404 VIA INDUSTRIA, 2ND FLOOR
TEMECULA, CA 92590
951-200-6840
6HS 04 2025
SHEET INDEX MAP
TRACT 18955 PHASING
GRAPHIC SCALE
1563222.82
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3235
3235
3235
3235
32303225
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3215
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3175
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3185
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3200
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3230
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3195
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3145 3150
3155 3160
3165
3170 3175 3180 3190 3195 3200
3205
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3215 3220
3225
3230
3235
3240
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3255
3105
3110
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31403145315031553160316531703175318031853190
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3200
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3210
3215
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3175
3260
3095
3238.6
3238.5
3235.7
3237.2
3231.6
3234.2
3237.7
3237.7
3236.4
3235.8
3233.3
3232.4
3232.5
3232.3
3226.3
3234.6
3240.6
3232.6
3231.5
3239.5
3235.6
3236.3
3237.6
3234.4
3228.7
3226.9
3233.4
3235.7
3236.6
3237.5
3240.4
3242.7
3231.5
3222.4
3212.6
3217.9
3203.6
3214.3 3241.7
3239.6
3242.3
3236.6
3213.4
3241.5
3230.6
3227.6
3222.7
3225.8
3231.3
3231.3
3228.3
3228.9
3224.6
3223.8
3226.6
3220.6
3227.6
3217.7
3223.9
3225.7
3215.6
3205.7
3231.7
3181.4
3187.5
3175.4
3164.2
3173.8
3220.7
3222.3
3221.6
3218.8
3216.5
3219.4
3217.6
3198.8
3170.5
3158.5
3167.4
3171.3
3171.4
3180.3
3199.5
3186.9
3221.3
3171.4
3169.6
3189.4
3198.5
3177.7
3205.4
3188.2
3194.2
3188.7
3179.7
3167.2
3161.4
3171.3
3214.5
3199.2
3195.9
3200.5
3203.6
3196.3
3190.5
3212.6
3235.6
3214.6
3217.9
3234.5
3247.7
3252.1
3249.7
3247.9
3229.2
3251.3
3254.5
3252.8
3257.5
3257.3
3255.8
3256.5
3254.6
3259.2
3261.3
3260.4
3259.5
3229.5
3245.6
3259.8
3259.8
3263.5
3234.8
3237.5
3231.7
3234.7
3228.8
3240.7
3262.8
3228.5
3226.4
3227.6
3233.8
3230.7
3232.3
3227.7
3235.6
3235.7
3236.4
3234.9
3231.6
3229.3
3229.4
3165.8
3237.6
3242.1
3240.6
3238.4
3231.6
3236.7
3212.6
3197.4
3225.2
3240.6
3243.5 3243.6
3246.6
3246.6
3243.2
3244.8
3245.5
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3238.7
3244.3 3248.6
3250.73247.5
3255.7
3255.3
3252.6
3257.4
3223.3
3210.6
3203.6
3209.4
3219.8
3230.2
3225.3
3209.6
3107.4
3102.5
3104.5
3103.6
3097.4
3096.6
3100.8
3092.8
3105.4
3095.5
3097.6
3117.5
3192.7
3170.5
3200.4
3216.6
3206.5
3169.3
3244.5
3207.5
3200.2
3105.4
3106.4
3100.8
3108.6
3242.7
3119.1
3235.6
3252.5
3250.7
3227.4
3220.2
3196.4
3190.6
3218.6
3217.2
38 39 40 41 42
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29 2882
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19 20
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32 11
GRAPHIC SCALE
6((6+((76
SILVERWOOD DEVELOPMENT
PHASE 1, LLC
$'(/$:$5(/,0,7('/,$%,/,7<&203$1<)250(5/<.12:1$67$3(675< '(9(/230(173+$6(1//&$'(/$:$5(/,0,7('/,$%,/,7<&203$1< 32%2;401907
+(63(5,$&$92340
27404 VIA INDUSTRIA, 2ND FLOOR
TEMECULA, CA 92590
951-200-6840
6HS042025
TR#1
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TR#8TR#9
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SHEET 2
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SHEET 4
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SHEET 8
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TR#2
TR#26
SHEET INDEX MAP
TRACT 18955 PHASING
1523351.50
3325
3320
3315 3310 33053300
3280 3285
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33053310
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3297.8
3290.6
3299.3
3327.7
3334.6
3281.5
3300.6
3298.1
3255.4
3267.4
3262.7
3283.4
3310.4
3325.5
3258.3
3257.5
3277.2
3301.5
3327.5
3332.6
3322.6
3284.3
3312.4
3324.6
3319.4
3264.7
3266.5
3269.8
3267.5
3275.6
3285.3
3279.6
3276.3
3283.2
3291.8
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3347.4
3283.7
3361.3
3278.5
3270.7
3346.3
3296.5
3290.6
3281.3
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3348.6
3377.7
3366.5
3368.5
3371.3
3335.3
3313.5
3289.4
3283.7
3284.7
3273.3
3267.5
3267.6
3276.4
3275.6
3265.6
3278.4
3266.3
3325.3
3283.5
3351.2
3346.3
3339.4
3357.7
3353.3
3348.6
3345.5
3333.4
3316.7
3353.5
3351.8
3357.3
3359.4
3362.6
3346.4
3363.63365.7
3365.4
3327.2
3287.5
3290.3
3296.4
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3297.4
3315.5
3338.6
3299.6
3299.2
3361.5
3341.4
3306.6
3342.4
3320.5
3331.4
3378.5
3356.3
3359.2
3334.6
3339.6
3332.7
3352.4
3343.4
3321.6
3294.4
3276.2
3276.6
3280.8
3311.4
3282.8
3284.6
3290.4
3319.5
3286.6
3288.5
3357.6
3318.6
3349.4
3355.1 3280.1
3282.2
3340.5
3278.4
3287.6
3329.7
3326.2
3288.7
3278.7
3284.5
3331.5
3333.3
3315.9
3297.3
3288.4
3350.2
3306.4
3285.9
3293.5
3335.7
3322.3
3346.8
3349.1
3342.3
3335.6
3335.7
M4-T4
M4-T4
M4-T5
M4-T5M5-T1
1 2
3 4
5 6
7 8
9 10
11 12
13 83
82 81
80 79
78 77
76 75
74 61
62 63
64 65
66 67
68 69
70 109
71 72
73 108
107
106
105
104
103
60 59
58 57
56 55
54 53
52 51
50 102
16 17
18 19
20 21
22 23
24 25
26 47
46 45
44 43
42 41
40 39
14 15
27 28
2930
31 32
3334
35 36
37 38
48 49
84 85
86 87
88 89
90 91
92 93
94 95
96 97
98 99
100
101
21 22
23 24
25 26
27 28
29 30
31 32
33 34
35 36
37 38
39 40
41 42
43 44
61626364
68676665
69707172
73 74
75 76
77 78
79 80
81 82
83 84
85 86
79 78
77 76
75 74
73 72
71 70
69 68
67 66
65 64
63 62
61 60
5936
45 37
3534
33 32
31 34
53 52
51 50
49 48
47 46
45 44
43 42
41 40
39 38
33 32
31 30
29 28
27 26
25 24
23 22
21 20
19 18
17 16
15 14
13 12
11 10
9 8
7 6
5 4
3 2
1 46
TR#1
TR#3
TR#4
TR#5
TR#6
TR#7
TR#8TR#9
TR#10
TR#11
TR#12
TR#13
TR#14
TR#15
TR#16
TR#17
TR#18
TR#19
TR#20
TR#21
TR#22
TR#23
SHEET 2
SHEET 3
SHEET 4
SHEET 5
SHEET 6
SHEET 7
SHEET 8
SHEET 9
TR#2
TR#26
6((6+((75
6((6+((77
SILVERWOOD DEVELOPMENT
PHASE 1, LLC
$'(/$:$5(/,0,7('/,$%,/,7<&203$1<)250(5/<.12:1$67$3(675< '(9(/230(173+$6(1//&$'(/$:$5(/,0,7('/,$%,/,7<&203$1< 32%2;401907
+(63(5,$&$92340
27404 VIA INDUSTRIA, 2ND FLOOR
TEMECULA, CA 92590
951-200-6840
6HS042025
GRAPHIC SCALE
SHEET INDEX MAP
TRACT 18955 PHASING
1543259.35
X
X
X
X
X
X X X X X X X X X X X X X X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X X X X X X X X X X X X X X
3260
3255
3250
3245
3240
3235
3230 322532203215321032053200
3285
3225
3220
3215
3285
3280
3275
3270
3265 3260
3255 3250
32453240323532303220322532153210320532003195 3190
3185
3235
3240
3245
3250
3255
3260
3265
3270
3275
3280
3285 3290
3295
3300
3305
3220
3225
3230
32353240
32453250
3255
3260
3265
3270
3295 3290
3285 3280
3275
3270
3265
3260
3255
3245
3240
3235
3230
322532203215
32103205320031953190
31853180
3175
3180
3180
3235 3230
3225
3220
3215
3240
3295
3290
3260
3265
3270
3275
3280
3285
32903295
3300
33053310
3315
3325
3325
3320
3315 3310
3305 32953300
3300
3295 3290 3285
3280 3275 3270
32753280
3285
3290 3285 3280 3275 3270 3265
3260 3255 3250 3245 324032353230322532203215 3210
3205
3200 3200
3200
3295 3290 3285 3280 3275 3270 3265 3260 3255
3250
3245 3240 3235
3250
3245
3240
3235
3230
3225
3220
3215
3210 3210
3215
3220
3240
3245
3250325532603265
3270
3275
3280
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3290
3295
3300
3310
3315
3305
3305
3300
3295 3290
3285
3280 32753270
3280
3275
3270 3265 3260
3255 3250
3245
324032353230322532203215
321032053200
3195
3190
3260
3265
3270
3275
3280
3285
3325
3320
3315 3310 33053300 329032853280 3275
3310
3305
3300
3295
3290
3280
3285
3275
3270
3265
3260
3255
3250
3245
3240
3275
3280 3285
3290
3280
3285
3295
3300
3290
3305
33153310 33203325
3330
3325
3320
3315
3310
3305
3300
3275328032853290 3295
3315
3320 3325
3255
32853280327532703265326032553250324532403235
3285
3280
327532703265326032553250324532403235
3230
3225
3250
32553260
32653270
3275
3280
3285
3290
3295
3300
3305
3310
3315
3330
3330
3300
3295
3285
32803275
3270
3265
3290
3285 3280
3275 3270
3265
3260 3255
3250
3245
3319.4
3329.4
3321.5
3316.8
3304.7
3300.8
3246.6
3302.7
3292.4
3300.6
3320.2
3323.3
3315.5
3314.9
3314.5
3301.53301.4
3308.3
3303.2
3307.6
3325.5
3311.4
3307.6
3298.6
3306.8
3295.73305.5
3311.7
3262.3
3253.7
3292.4
3258.6
3310.2
3309.3
3306.6
3294.7
3294.6
3249.7
3202.3
3199.5
3190.33199.2
3190.8
3186.5
3184.5
3196.5
3211.8
3191.3
3199.4
3210.4
3211.5
3214.9
3213.3
3214.4
3208.6
3224.5
3230.5 3211.8
3217.5
3215.7
3249.3
3253.1
3264.7
3270.7
3280.4
3255.2
3297.6
3301.2
3320.7
3302.7
3231.7
3225.8
3312.6
3281.6
3247.5
3181.3
3178.6
3180.4
3180.7
3189.6
3250.7
3253.6
3270.8
3271.8
3285.6
3264.6
3286.3
3290.4
3290.2
3291.4
3278.4
3306.7
3303.4
3296.6
3302.5
3299.7
3299.3
3264.7
3287.4
3277.3
3275.7
3283.8
3254.6
3273.4
3292.3
3293.9
3281.3
3289.8
3232.5
3246.3
3271.5
3270.3
3223.5
3227.7
3238.6
3234.6
3240.3
3237.7
3243.4
3247.4
3270.7
3255.4
3287.5
3288.7
3248.4
3228.4
3259.5
3281.8
3269.6
3306.2
3308.5
3309.3
3286.9
3290.6
3290.8
3283.4
3298.7
3247.2
3184.3
3177.33256.7
3268.6
3234.5
3244.5
3251.4
3276.2
3278.4
3334.8
3326.8
3329.5
3324.4
3330.7
3331.6
3301.6
3326.5
3320.5
3331.5
3328.1
3320.7
3317.3
3313.4
3325.2
3320.5
3313.7
3293.4 3312.4
3315.6
3297.2
3300.4
3266.6
3269.8
3323.6
3296.2
3266.4
3326.3
3317.7
3252.3
3254.6
3308.4
3260.2
3255.4
3251.3
3250.8
3250.3
3303.5
3316.5
3272.3
3325.7
3315.6
3309.4
3274.4
3279.7
3272.7
3281.7
3288.7
3305.5
3248.6
3309.4
3246.8 3249.4
3259.5
3291.9
3276.7
3282.7
3312.7
3305.7
3281.8
3238.6
3286.7
3284.6
3229.5
3234.3
3234.3
3232.6
3229.4
3226.1
3234.8
3223.73224.7
3220.6
3222.8
3219.6
3216.6
3216.3
3279.6
3280.7
3225.6
3227.8
3224.4
3219.7
3228.7
3229.4
3230.4
3235.3
3236.5
3237.6
3232.5
3241.3
3244.5
3233.4
3233.4
3228.5
M5-T2
M5-T2
M5-T3
M5-T3 M5-T1
M5-T1
3265
3260
3255
3250
3245
3240
3240
3245
3250
3255
3260
3265
3270
3275
3295
3285
3280
3275
3270
3265
3260
3255
3250
3245
3240
3235
1 3
4 5
6 7
8 9
10 11
2 74
72 71
70 69
68 67
42 43
44 45
46 47
48 49
37 38
39 40
41 24
25 26
28 27
29 30
31 32
33 34
35 36
37 38
39 40
41 42
43 44
45 46
2 3
4 5
6 8
7 9
10 11
12 13
14 15
16 17
18 19
20 21
22 23
1 73
31 30
32 33
34 35
36 14
15 16
17 18
19 20
21 22
23 24
25 26
27 28
29 30
31 33
34 35
54 55
56 57
58 59
60 61
62 63
64 65
66 67
68 37
36 35
34 33
32 31
30 29
28 2627 25 24 23 22 21 20 19 18 17 16
15 14
13 12
11 10
9 8
46 47
48 45
44 43
51 50
49 52
53 54
58 59
60 57
56 55
61 62
63 64
65 66
71 70
69 68
67 72
73 74
75 76
7 6
5 4
3 2
1 1
2 3
4 5
6 7
8 9
10 11
12 13
18192021
383736
22 23 24 25 26 27
37 36 35 34 33 32
28 29
30 31
38 39 40 41 42 43 44 45
53 52 51 50 49 48 47 46
69 70 71 72 73 74
38 39 40 41 42
75 76
77 78
434445 42
41 40 39
49 50
51 52
48 46
47 56
55 54 53
575859
63 64
65 66
626160
67 68
69 70
71 1
2 3
4 5
6 7
8 9
10 11
12 13
32 14
15 16
17 1 2 3 4 5 6 7 8
9 10
11 12
13 14
15 16
17 18
19 20
21 22
23 45464748
52515049
53545556
60595857
85 86
87 88
89 90
91 92
93 94
96 98
1 2
3 4
5 6
7 8
9 10
11 12
13 14 15 16 17 18 19
20 21
22 23
24 25
26 27
28 29
30 31
32 33
34 35
36 37
38 39
40 41
42 43
44 45
46 47
48 49
5051525354
55 56 57 58 59
63 62 61 60
64 65 66 67
71 70 69 68
72 73 74 75
79 78 77 76
80 81 82 83
87 86 85 84
88 89
90 91
92 93
94 95
96 97
95 6((6+((76
6((6+((77
6((6+((74
6((6+((78
6((6+((72
SILVERWOOD DEVELOPMENT
PHASE 1, LLC
$'(/$:$5(/,0,7('/,$%,/,7<&203$1<)250(5/<.12:1$67$3(675< '(9(/230(173+$6(1//&$'(/$:$5(/,0,7('/,$%,/,7<&203$1< 32%2;401907
+(63(5,$&$92340
27404 VIA INDUSTRIA, 2ND FLOOR
TEMECULA, CA 92590
951-200-6840
6HS042025
GRAPHIC SCALE
TR#1
TR#3
TR#4
TR#5
TR#6
TR#7
TR#8TR#9
TR#10
TR#11
TR#12
TR#13
TR#14
TR#15
TR#16
TR#17
TR#18
TR#19
TR#20
TR#21
TR#22
TR#23
SHEET 2
SHEET 3
SHEET 4
SHEET 5
SHEET 6
SHEET 7
SHEET 8
SHEET 9
TR#2
TR#26
SHEET INDEX MAP
TRACT 18955 PHASING
1553256.90
s
s
s
s
XXXX
X X X X X
3105
3110
3115
3120
3125
3130
3135
3140
3145
3150
3155
3125
3130
3135
3140
3145
3150
315531603165317531703180318531903195320032053210321532203225 3230 3235 3120
3115
3110
3105
3100
3115
3120
3125
313031353140314531503155316031653170
318031803185
3190 3195
3200 3205
3210
3215
3220
3225
3175
3135
3130
3125
3245
3240323532303225322032153210
3205320031953190 3185 31803175317031653160315531503145
3235 3230
32253220321532103205320031953190318531803175317031653160315531503145314031353130 3125
3225
3220
3215
3210 3205320031953190318531803175317031653160315531503145 314031353130
3125
31203115
3200
3195 3190
31853180 317531703165
3155
3160
31503145
3140
3135
31303125
3120
3115
3110
3230
3235
3095
3275
3270
3265
3260
3255
3250
3245
3240 3180
3175
3280
3285
3205
3210
32153220
3230
3225
3235
32403245
3250
3255
3260
3265
3270
3275
3280
3285
3260
3255
3250
3245
3240
3180
31853190319532003205321032153220322532303235324032453250 3255 3260
3265
3270
3160
3165
3170
3180
3185
3190
3195
3200
3205
3210
3215
3220
3225
3230
3150
3145
3140
3135
3130
3125
3120
3115
3130
3135
3140
3145
3150
3155
3160
3165
3170
3175
3180
3185
3190
3195
3200
3195
3200
3205
3210
3215
3220
3225
3230
3235
3240
3240
3160
3155
3150
3145
3140
3135
3130
3155
3160
3165
3170
3175
3240 3235323032253220
3215
3205
3210
3195
31903185
3180
31753170
3165
3160
3155
3150
3145
3140
3150
3145
3195
3190
3185
3275
3275
3270
3265
3250 3245
3240
3245
3250
3255
3260
3255
3250
3234.8
3237.5
3234.7
3228.8
3189.6
3209.6
3124.5
3121.8
3118.5
3113.6
3112.7
3109.7
3107.4
3102.5
3104.5
3108.4
3111.5
3108.6
3103.6
3097.4
3096.6
3100.8
3092.8
3104.5
3100.8
3108.6
3119.1
3117.4
3227.4
3284.4
3283.6
3203.3
3200.6
3192.7
3278.9
3271.5
3283.3
3275.7
3264.3
3273.4
3278.7
3265.3
3257.4
3249.8
3258.7
3252.5
3244.6
3123.5
3126.5
3130.2
3125.6
3134.4
3133.3
3134.8
3138.8
3132.4
3132.6
3124.4
3141.4
3246.6
3252.6
3255.2
3250.6
3253.2
3274.8
3273.1
3266.6
3268.5
3265.5
3258.8
3223.5
3264.5
3206.5
3245.33278.5
3279.6
3275.2
3125.2
3120.5
3119.7
3119.4
3117.3
3119.6
3143.3
3238.4
3140.8
3225.7
3233.7
3226.1
3220.1
3206.5
3231.6
3225.8
3236.4
3244.2
3230.1
3236.3
3185.3
3213.3
3207.2
3205.3
3183.5
3214.6
3142.5
3124.9
3118.8
3116.9
3122.5
3117.8
3124.5
3127.4
3134.4
3131.4
3128.6
3131.5
3129.9
3125.4
3136.7
3141.5
3143.6
3139.9
3135.4
3138.5
3134.7
3188.6
3139.6
3201.8
3214.7
3149.2
3155.6
3142.6
3143.1
3149.7
3147.3
3145.7
3143.4
3152.3
3154.5
3149.7
3149.8
3150.9
3176.53146.4
3110.5
3196.7
3120.8
3204.6 3197.9
3234.8 3232.7
3251.2
3244.2
3243.3
3252.2
3249.7
3245.5
3239.7
3121.5
3237.7
3248.8
3233.5
3247.1
3223.4
3239.5
3245.6
3246.6
3245.2
3253.6
3248.7
3262.4
3230.4
3252.3
3227.4
3246.5
3270.9
3257.3
3253.7
3269.1
3262.8
3262.4
3159.5
3155.5
3154.3
3149.5
3156.1
3153.8
3160.6
3163.7
3160.6 3158.3
3161.6
3169.5
3167.5
3172.4
3168.7
3164.7
3181.3
3175.6
3176.9
3173.5
3183.2
3267.2
3264.7
3182.3
3179.5
3181.2
3186.5
3187.7
3255.6
3125
3125
3130
3140
3145
31503155316031653170
10 11
12 13
14 15
16 17
67 66
65 64
63 62
61 48
49 50
51 52
53 54
26 18
19 20
21 60
5958
55 575623
22 1 2 3 4 5 6 7
8 9
28 11
12 13
14 15
16 17
18 29
30 31
32 33
34 20
21 22
23 24
25 26
27 1035
36 37
38 39
40 41
42 43
53 52
5150
49 48
47 4645
44 54
55 56
57 58
59 60
61 62
6364
65 66
67 68
69 31
30 29
28 27
24 25
19 107
108
109
1 2
3 4
5 6
7 8
910
11 12
13 14
15 16
17 18
19 20
21 22
23 24
2526
27 28
29 3031
32 33
34 35
36 37
38 39
40 41
42 43
44 45
46 47
48 49
50 51
52 53
54 55
56 57
2 3
4 5
6 7
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10 11
12 13
14 15
16 17
18 19
20 21
22 23
24 25
26 27
28 29
30 31
32 33
34 35
36 37
38 39
40 41
42 43
44 45
46 47
48 79
80 84
85 86
72 73
74 75
76 77
78 82
81 83
TR#1
TR#3
TR#4
TR#5
TR#6
TR#7
TR#8TR#9
TR#10
TR#11
TR#12
TR#13
TR#14
TR#15
TR#16
TR#17
TR#18
TR#19
TR#20
TR#21
TR#22
TR#23
SHEET 2
SHEET 3
SHEET 4
SHEET 5
SHEET 6
SHEET 7
SHEET 8
SHEET 9
TR#2
TR#26
6((6+((78
6((6+((75
6((6+((79
6((6+((73
SILVERWOOD DEVELOPMENT
PHASE 1, LLC
$'(/$:$5(/,0,7('/,$%,/,7<&203$1<)250(5/<.12:1$67$3(675< '(9(/230(173+$6(1//&$'(/$:$5(/,0,7('/,$%,/,7<&203$1< 32%2;401907
+(63(5,$&$92340
27404 VIA INDUSTRIA, 2ND FLOOR
TEMECULA, CA 92590
951-200-6840
6HS042025
GRAPHIC SCALE
(48(675,$175$,/127(
SHEET INDEX MAP
TRACT 18955 PHASING
150
s
3366.51
3240
3245
3335
3330
3325 3320 3315
3310
3305
3300
3295
3290
3285 3280327532703265
3265 326532703275328032853290
3285 3280
32753270326532603255
3325
3320 3315 3310 330032953290
3280
3285
3275327032653260325532503245
32853280327532703265326032553250324532403235
3300
3295
3290
32853280
32753270
3340
3335
3330
3325
3320
3320
3325
3330
3335
3345
3350
3340
3335
3330
3325
3355
3350
3345
3340
3335
3330
3325
3320
3315
3305
3300
3295
3310
3295
3300
3305
3310
3315
3320
3325
3330
3335
3340
3340
3335
3330
3370 3365
3360
3345
3355
3350
3360
3355
3350 3345
3340
3345
3355
3350
3345
3340
3335
3330
3325
3325
3330
3335
3340
3345
3350
3355
3360
3365
3370
3375
3380
3325
3325
3330
3335
3340
3345
3350
3355
3360
3365
3310
3315
3320
3345
3340
3335
3330
3325
3320
3315
3310
3305
3330 3325
3320
3315
3310
3315
3320
3325
3330
3335
3340
3345
3350
3360
3355
3310
3305
3300
3295
3290
3285
327532703265
3265
3280
3280
3365
3360
3355
3350
3345
3340
3335
3330 3325
3320
3315
3310
3370
3375
3375
3370
3365
3360
3355
3350
3345
3340
3335
3330
3335
3340
3345
3350
3355
3360
3365
3370
3375
3365
3360
3355
3350
3345
3340
3335
3330
3325 3320 3315
3315
3320
3325
3330
3335
3355
3350
3345
3340
3335
3330
3330
3335
3340
3345
3350
3355
3360
3360
3365
3370
3375
3380
3375
3370
3365
3360
3355
3350
3345
3345
3350
3355
3360
3365
3370
3375
3380
3325
3320 3315 3310 3305 3300
3295
3300
3305
3310
3305
3300 3295
3290
3285
3280
3285
3290
3295
3300
3305
3310
3315
33203325
3330
3335
3340
3345
3350
3315
3310
3305
3300 3295329032853280
3275
3270
3290
3295
3300
3305 3310 3315
3320
3325 3330
3335
3340
3345 3350
3305
3310
3350 3345 3340 3335
3330
3325
3320
33153310
3315
3320
3325
3330
3335
3340
3345
3350
3355
3355
3350
3345
33403335
3330
3325
3320
3315
3310
3305
33453340333533303325
3320 3315 3310
3305
3300
3295
3290
3345
3355
3340
3335
3330
3325
33203315
3365
3360 3355 3350
3345
3345
3350
3355
3360
3380
3365
3360
3355
3350
3345
3340
3335
3330
3325
3325
3330
3375
3335
3335
3340
3345
3355
3350
3360
3365
3370
3375
3380
3385
3350
3345
3340
3355
3360
3365
3370
3290
3295
3305
3310
3315
3320
3300
3305
3310
3315
3320
3325
3355
3355
3320
3315
3310
3305
3300
3295
3290
3370
3380
3353.5
3357.3
3359.4
3327.2
3287.5
3290.3
3296.4
3293.7
3297.4
3315.5
3338.6
3299.6
3299.2
3369.1
3361.5
3359.7
3318.3
3321.73331.4
3332.4
3334.7
3330.4
3384.9
3377.4
3364.9
3377.6
3372.8
3320.5
3331.4
3276.6
3280.8
3282.8
3284.6
3290.4
3319.5
3286.6
3288.5
3357.6
3318.6
3349.4
3308.7
3355.1 3280.1
3282.2
3260.9
3264.5
3263.7
3266.6
3266.4
3260.2
3261.3
3280.1
3258.2
3251.3
3252.4
3246.4
3250.8
3244.3
3249.1
3283.73303.4
3248.6
3315.5
3329.7
3304.6
3293.3
3256.4
3250.4 3250.1
3342.6
3322.6
3313.7
3287.6
3305.7
3345.1
3352.5 3344.7
3340.2
3336.3
3323.5
3298.3
3289.6
3269.1
3272.7
3266.1
3271.7
3272.3
3278.7
3284.5
3333.3
3315.9
3276.6
3281.6
3290.4
3297.4
3302.4
3320.6
3345.6
3316.6
3335.3
3331.7
3324.5
3293.9
3297.3
3361.7 3357.4
3348.5
3306.9
3310.7
3333.5
3310.9
3287.7
3269.5
3293.5
3330.2
3285.1
3281.3
3276.5
3279.6
3309.5
3294.3
3271.2
3266.3
3294.6
3281.4
3289.7
3310.7
3318.2
3339.7
3357.6
3305.7
3319.4
3297.3
3288.4
3350.2
3306.4
3298.1
3355.4
3357.7
3360.6
3321.5
3314.7 3333.6
3338.6
3310.5
3285.9
3293.5
3335.7
3322.3
3320.7
3313.6
3367.8
3239.4
3245.7
3247.4
3246.8
3249.3
3239.3
3241.3
3243.3
3244.5
3244.6
3236.7
3233.4
3234.3
3322.6
3330.3
3336.7
3340.6
3330.9
3307.5
3328.7
3320.7
3313.2
3308.4
3290.4
3328.73329.9
3312.4
3349.8
3290.8
3274.6
3341.9
3313.7
3292.5
3355.9
3348.3
3357.9
3345.5
3334.8
3317.5
3358.8
3348.7
3333.7
3308.5
3332.5
3318.7
3324.7
3311.7
3350.9
3372.4
3331.2
3338.5
3344.6
3375.4
3370.3
3330.6
3375.7
3343.7
3332.3
3374.3
3370.5
3367.7
3376.5
3360.8
3379.5
3365.4
3339.6
3344.4
3357.6
3337.1
3330.6
3367.5
3360.7
3353.4
3374.7
3329.3
3332.4
3337.6 3342.5
3359.4
3325.8
3319.3
3324.4
3366.5
3372.8
3375.1
3379.8
3368.4
3349.4
3342.2
3332.3
3344.8
3327.7
3341.7
3307.6
3302.5
3311.5
3323.8
3317.7
3353.4
3319.6
3354.5
3323.5
3382.4
3374.4
3369.7
3382.7
3353.5
3325.3
3366.7
3329.3
3372.2
3361.4
3307.4
3325.5
3354.7
3356.6
3329.4
3354.3
3345.6
3360.4
3358.5
3350.4
3337.7
3329.7
3344.2
3357.5
3368.9
3369.6
3365.6
3349.5
3373.5
3375.4
3372.7
3359.7
3366.7
3363.6
3359.3
3347.8
3358.5
3355.6
3345.5
3336.8
3349.9
3348.3
3346.8
3359.9
3320
3330
3335
3340
3345
3350
3355
3350
3345
3340
3340
3350
3345
3340
3335
3330
3315
3310
3310
3315
3320
3325
3330
3335
3330
3325
3320
3315
3310
3310
3340
3345
3350
3355
3360
3360
3355
3350
3355
3360
3365
3370
3375
3375
3345
3340
3325
3320
3325
3320
3315
3300
3295
3290
3285
3280
3275
3270
3265
3260
3255
3250
3245
3240
3290
3285
3280
3275
3270
3265
3260
3255
3250
3320
3315
3310
3305
3300
3300
3305
3310
3315
3320
3325
3330
3335
3335
1 2
3 4
5 6
7 8
9 10
11 12
13 80
79 78
77 76
75 74
67 68
69 7073
79 78
77 76
75 74
73 72
71 70
69 68
67 66
65 64
63 62
61 60
59 58
575655543635
34 33
32 31
30 29
28 27
26 25
24 23 22 21
20 19
18 17
16 15
14 13
12 1
2 3
4 5
6 7
8 9
10 11
12 13
14 15
16 17
18 19
20 40
39 38
37 36
45 44
43 42
41 23
51 50
49 48
47 46
45 44
43 42
41 40
39 38 37
3534
33 32
31 30
29 28
27 26
25 24
22 21
34 53
52 51
50 49
48 47
46 45
44 43
42 41
40 39
38 37
36 35
33 32
31 30
29 28
27 26
25 24
23 22
21 20
19 18
17 16
15 14
13 12
11 10
9 8
7 6
5 4
3 2
1 60
52 53
54 55
5859
57 61
74 73
72 71
62 63
64 65
66 67
68 69
82 81
80 79
78 77
76 75
11 10
9 8
7 6
5 4
3 2
1 88
87 86
85 84
83 56
70 112
111
110
109
108
107
106
105
104
103
102
101
100
99 113
114
115
116
117
118
44 43
42 41
40 39
38 37
36 27
28 29
30 31
32 33
34 35
45 46
47 48
49 50
51 58
57 56
55 54
53 52
62 63
64 65
66 676869
71 70
59 60
61 73
74 7576
72 7778
79 80
81 82
83 84 85 86 87 88
89 90
98 97
91 92
93 94
95 96
1 2
3 45
67 8
9 10
11121314
15 161718
19 20
21 22
26 25
24 23
24 23
22 21 20
19 18
17 16
15 14
31 32
33 34
35 36
25 26
27 28
29 30
39 38
37 52
51 50
49 48
47 58
57 56
55 54
53 59
46 45
44 43
42 41
40 65
6463
62 61
60 13
12 11 10 9
8 7
5 4
3 2
1 6
76 75
74 73
72 71
70 69
68 67
66 65
64 63
62 60
83 82
81 80
79 78
77 90
89 88
87 86
85 84
50 49
48 47
46 55
54 53
52 51
59 58
57 56
61 119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
146
145
144
143
142
141
140
139
138
137
136
147
148
149
150
151
152
162
161
160
159
153
154
155
156
157158
TR#1
TR#3
TR#4
TR#5
TR#6
TR#7
TR#8TR#9
TR#10
TR#11
TR#12
TR#13
TR#14
TR#15
TR#16
TR#17
TR#18
TR#19
TR#20
TR#21
TR#22
TR#23
SHEET 2
SHEET 3
SHEET 4
SHEET 5
SHEET 6
SHEET 7
SHEET 8
SHEET 9
TR#2
TR#26
SILVERWOOD DEVELOPMENT
PHASE 1, LLC
$'(/$:$5(/,0,7('/,$%,/,7<&203$1<)250(5/<.12:1$67$3(675< '(9(/230(173+$6(1//&$'(/$:$5(/,0,7('/,$%,/,7<&203$1< 32%2;401907
+(63(5,$&$92340
27404 VIA INDUSTRIA, 2ND FLOOR
TEMECULA, CA 92590
951-200-6840
6HS042025
GRAPHIC SCALE
6((6+((75
6((6+((74
6((6+((78
SHEET INDEX MAP
TRACT 18955 PHASING
s
1493308.58
3195
3190
3275 3270
3265
3255
3260
32503245
324032353230322532203215 3210
32053200
3320
3315 3310 3305
3300
3295
3290
3285
3280
3275
3270
3265
3260
3255
3255
3260
3265
3270
3275
3280
3320
3315
3310
3305
3300
3295
3290
3285
3280
3275
3275
3280
3285
3290
3295
3300
3305
3305
3320
3315
3310
3305
3300
3295
3290 3285 3280 3275
3315
3310
3305
3300
3275
3270
3265
3260
3255
3250
3245
3240323532303225
3220
3215
3210
3205
3200
3195
3190
3270
3265
3260
3255
3250
32453240
3235
3230
32253220 32103205
32003195319031853180
3325
3330
3320
3315
3310
3305
3315
3310
3305
3300
3295
3285
3290
3285
3280
3275 3270 32703275
3280
3285
3290
3295
3225
3220
3215
3210
3205 3205
3235
3240
3245
3250
3255
3260
3265
3270
3275
3280
3285 3290
3295
3300
3305
3220
3225
3230
32353240
32453250
3255
3260
3265
3270
3285
3280
3275
3270
326532603255325032453240
323532303225
3220
3215
3210
3280
3285
3290
3280
3275
3270 32653260
32553250324532403235
3240
3245
3240
3245
3250325532603265
3270
3275
3280
3285
3290
3305
3260
3265
3270
3275
3310
3305
3300
3300
3325
3320 3315 3310 330032953290
3280
3285
3275327032653260325532503245
32853280327532703265326032553250324532403235
3315
3310
3305
3300
3295
3290
32853280
32753270
3285
3280
327532703265326032553250324532403235
3230
3225
3315
3310
3305
3300
3295
3295
3300
3305
3310
3315
3305
3305
3310
3315
3325
3320
3315
3310
3330
3340
3335
3330
3325
3320
3320
3340
3335
3330
3325
3320
3320
3325
3330
3335
3345
3350
3340
3335
3330
3325
3345
3285
3280
3275
3290
3295
3300
3355
3350
3345
3340
3335
3330
3355
3320
3295 3290
3310
3306.7
3303.4
3299.3
3264.7
3287.4
3277.3
3275.7
3254.6
3207.9
3211.6
3232.5
3246.3
3271.5
3270.3
3205.5
3201.6
3197.2
3200.5
3196.1
3201.5
3306.2
3308.5
3169.33169.3
3175.8
3173.7
3222.6
3245.4
3179.5
3188.6
3184.4
3192.7
3187.3
3184.3
3193.4
3239.4
3245.7
3247.4
3246.8 3249.4
3291.9
3276.7
3282.7
3305.7
3281.8
3238.6
3286.7
3284.6
3229.5
3234.3
3234.3
3232.6
3229.4
3226.1
3234.8
3223.73224.7
3220.6
3222.8
3219.6
3216.6
3213.6
3216.3
3212.6
3214.2
3211.4
3208.6
3209.5
3203.7
3208.7
3279.6
3280.7
3225.6
3227.8
3224.4
3219.7
3290.2
3304.7
3290.3
3306.5
3228.7
3229.4
3230.4
3235.3
3236.5
3237.6
3232.5
3239.3
3241.3
3243.3
3244.5
3244.6
3236.7
3233.4
3234.3
3233.4
3228.5
3313.5
3322.6
3330.3
3321.6
3313.3
3315.7 3302.6
3309.4
3336.7
3340.6
3330.9
3307.5
3328.7
3320.7
3313.2
3308.4
3290.4
3328.73329.9
3312.4
3349.8
3305.2
3315.2
3322.7
3309.3
3292.2
3285.2
3299.6
3274.6
3298.5
3306.4
3289.4
3292.6
3310.6
3314.8
3299.8
3300.7
3293.8
3288.2
3275.9
3296.8
3301.3
3303.3
3299.3
3306.4
3296.9
3292.5
3295.8
3279.3
3279.8
3268.5
3271.3
3248.6
3311.5
3315.9
3316.7
3290.8
3274.6
3341.9
3313.7
3292.5
3355.9
3348.3
3357.9
3345.5
3334.8
3358.8
3348.7
3333.7
3308.5
3332.5
3318.7
3324.7
3341.9
3335.5
3329.5
3311.7
3323.5
3298.3
3310.8
3311.5
3323.3 3324.4
3338.7
3341.3
3331.2
3329.5
3326.6
3321.4
3323.3
3329.5
3318.7
3326.4
3328.4
3322.4
3317.2
3325.2
3319.6
3310.7
3323.5
3318.6
3297.5
3313.3
3306.6
3289.3
3285.5
3292.2
3297.4
3332.9
3277.6
3297.5
3350.9
3302.6
3317.1
3311.4
3322.6
3293.8
3294.6
3305.7
3309.6
3296.6
3314.5
3320.3
3315.6
3294.5
3304.5
3285.4
3276.6
3267.4
3271.5
3269.3
3273.8
3282.5
3295.9
3267.6
3250.3
3258.9
3288.7
3278.8
3274.7
3185.5
3186.2
3199.5
3271.3
3214.33209.5
3268.6
3212.5
3227.3
3287.4
3279.5
3276.7
3265.4
3283.5
3282.4
3297.8
3302.4
3311.7
3329.4
3337.7
3326.3
3331.8
3321.5
M5-T3
M5-T3
M5-T4
M5-T4
3290
3285
3280
3280
3285
3290
3295
3300
3305
3300
3290
3285
3290
3295
3300
3305
3305
3295
3290
3290
3295
3300
3300
3305
3310
3315
3320
3325
3320
3315
3325
3320
3315
3310
3310
3315
3320
3325
3330
3335
3330
3325
3320
3330
3335
3340
3345
3350
3355
3345
3340
3325
3320
3325
3320
3315
3300
3295
3290
3285
3280
3275
3270
3265
3260
3255
3250
3245
3240
3290
3285
3280
3275
3270
3265
3260
3255
3250
3245
3240
3240
3245
3250
3255
3260
3265
3270
3275
3280
3285
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3285
3280
3275
3270
3265
3260
3255
3250
3245
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3265
3270
3255
3250
3245
3240
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3230
3225
3220
3215
3250
3255
3260
3265
3250
3245
3240
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3230
3225
3220
3215
3210
3205
3245
3240
3235
3230
3225
3220
3295
3310
3305
3300
3295
3300
3295
3290
3285
3280
3290
3295
3300
3305
3310
3310
3305
3300
3295
3295
3300
3305
3310
3310
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3320
3315
3310
3305
3300
3300
3305
3310
3315
3320
3325
3330
3335
3335
3325
3320
3315
3310
3305
3300
40 41
42 43
44 45
46 47
48 49
5051525354
55 56 57 58 59
63 62 61 60
88 89
90 91
1 2
3 4
5 6
7 8
9 10
11 75
76 77
74 65
73 66
67 72
71 68
70 48
49 50
51 52
53 54
5588
12 13 14
15 16
17 18
19 20
21 22
23 24
17 16
15 14
31 32
33 34
35 36
25 26
27 28
29 30
39 38
37 52
51 50
49 48
47 58
57 56
55 54
53 59
46 45
44 43
42 41
40 65
6463
62 61
60 13
12 11 10 9
8 7
5 4
3 2
1 6
TR#1
TR#3
TR#4
TR#5
TR#6
TR#7
TR#8TR#9
TR#10
TR#11
TR#12
TR#13
TR#14
TR#15
TR#16
TR#17
TR#18
TR#19
TR#20
TR#21
TR#22
TR#23
SHEET 2
SHEET 3
SHEET 4
SHEET 5
SHEET 6
SHEET 7
SHEET 8
SHEET 9
TR#2
TR#26
SILVERWOOD DEVELOPMENT
PHASE 1, LLC
$'(/$:$5(/,0,7('/,$%,/,7<&203$1<)250(5/<.12:1$67$3(675< '(9(/230(173+$6(1//&$'(/$:$5(/,0,7('/,$%,/,7<&203$1< 32%2;401907
+(63(5,$&$92340
27404 VIA INDUSTRIA, 2ND FLOOR
TEMECULA, CA 92590
951-200-6840
6HS042025
GRAPHIC SCALE
6((6+((75
6((6+((77
6((6+((76
6((6+((79
SHEET INDEX MAP
TRACT 18955 PHASING
1483281.53
1553256.90
s
1473186.65
E 6784200
N 1954400
N 1954600
N 1954800
3260
3255
3180
31853190319532003205321032153220322532303235324032453250 3255 3260
3265
3270
3160
3165
3170
3180
3185
3190
3195
3200
3205
3210
3215
3220
3225
3230
3150
3145
3140
3135
3130
3125
3120
3195
3200
3220
3225
3190
3185
3175
3170
3165
3160
3155
3150
3145
3140
3135
3130
3205
3200
3195
3190
3185
3180
3175
3180
3185
3190
3195
3155
3160
3165
3170
3175
3180
3195
3190
3275 3270
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3255
3260
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32053200
3250
3245
3240
3235
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32053200
3195
3190
31853180
3175
3170
3165
3160
3240 3235323032253220
3215
3205
3210
3195
31903185
3180
31753170
3165
3160
3155
3150
3145
3140
3200
3195
3190
32053210
3240
3235
3230
3225
3220
3215
3210
3205
3200
3195
3190
3185
3185
3190
3195
3200
3205
3210
3215
3220
3225
3230
3235
3240
3255
3260
3265
3270
3275
3190 3185 3180
3230 3225
3220 3215
3210
3260 3265
3270
3275
3280
3285
3295
3290
3285
3280
3275
3260
3255
3250
32453240323532303225
3220
32153210
3205
3195
3200
3205
3210
32153220
32253230
32403235
3245
3250
3255
3190
3200
3205
3210
3215
3220
3225
3230
3235
3195
3275
3270
3265
3260
3265
3270
3265
3260
3255
3265
3270
3275
3280
3270
3265
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3255325032453240
3255
3250 3245
3150
3145
3305
3300
3295
3290
3285
3280
3275
3270
3265
3260
3255
3255
3260
3265
3270
3275
3280
3280 3275
3270
32653260325532503245
3240323532303220 32153210320532003195
3285
3290
3280
3290
3285
3190
3185
3180
3175
3170
31653160
3175
3180
3185
3170
3165
3160
3155
3150
3185
3190
3305
3300
3295
3290
3285
3280
3275
3275
3280
3285
3290
3295
3290 3285 3280 3275
3275
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3250
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3240323532303225
3220
3215
3210
3205
3200
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3190
3270
3265
3260
3255
3250
32453240
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32253220 3210320532003195319031853180
3190
3185
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3270 3265326032553250324532403235
3285
3280
3275
3290
3290
32403245
3250
3270
3265
3250 3245
3240
3245
3195
3190
3193.4
3196.1
3271.5
3250.6
3274.8
3214.6
3142.5
3124.9
3122.5
3117.8
3124.5
3127.4
3134.4
3131.4
3128.6
3131.5
3129.9
3125.4
3136.7
3141.5
3143.6
3139.9
3135.4
3138.5
3134.7
3188.6
3139.6
3201.8
3214.7
3247.2
3242.6
3256.3
3251.5
3231.7
3165.5
3149.2
3155.6
3142.6
3143.1
3149.7
3147.3
3145.7
3143.4
3152.3
3154.5
3149.7
3149.8
3150.9
3176.53146.4
3120.8
3204.6 3197.9
3234.8
3251.2
3244.2
3243.3
3252.2
3223.4
3245.6
3246.6
3245.2
3253.6
3248.7
3262.4
3230.4
3252.3
3227.4
3246.5
3270.9
3257.3
3253.7
3269.1
3262.8
3262.4
3159.5
3155.5
3154.3
3149.5
3156.1
3153.8
3237.7
3255.9
3171.6
3162.3
3160.6
3163.7
3160.6 3158.3
3161.6
3169.5
3167.5
3172.4
3168.7
3164.7
3169.33169.3
3175.8
3172.8
3173.7
3164.3
3177.7
3222.6
3245.4
3251.7
3167.6
3168.5
3179.5
3188.6
3184.4
3177.6
3181.3
3175.6
3176.9
3173.5
3183.2
3267.2
3264.7
3182.3
3179.5
3181.2
3186.5
3187.7
3191.5
3185.8
3192.7
3187.3
3184.3
3193.4
3255.6
3128.4
3112.3
3171.4
3187.4
3154.43190.9
3189.2
3207.6
3192.3
3187.6
3182.7
3176.3
3188.4
3194.5
3179.8
3186.2
3198.9
3206.9
3191.6
3194.3
3185.7
3191.3
3182.1
3175.5
3173.7
3177.4
3181.6
3187.3
3190.4
3188.2
3183.7
3185.2
3192.5
3195.7
3194.4
3184.63207.8
3219.3
3170.4
3184.7
3197.3
3154.9
3143.4
3182.4
3142.9
3157.4
3194.4
3185.3
3187.6
3192.6
3193.2
3194.4
3199.6
3191.6
3187.4
3195.5
3190.1
3193.9
3195.1
3194.4
3200.8
3196.4
3204.7
3216.5
3224.5
3207.4
3202.5
3183.7
3196.8
3186.7
3166.6
3296.9
3292.5
3295.8
3279.8
3293.8
3294.5
3304.5
3299.8
3291.8
3286.6
3302.6
3302.2
3291.3
3292.3
3285.5
3270.6
3289.3
3263.6
3266.4
3270.5
3290.7
3282.3
3296.3
3293.2
3284.5
3277.2
3283.3
3279.6
3275.3
3268.5
3226.7 3232.5
3239.4
3256.7
3263.6
3268.8
3278.6
3274.5
3271.3
3210.3
3219.5
3250.3
3252.8
3259.6
3262.2
3277.6
3270.7
3269.2
3268.7
3261.7
3255.5
3283.5
3271.6
3288.4
3289.1
3285.4
3284.6
3289.8
3286.5
3278.6
3279.7
3292.7
3276.6
3267.4
3271.5
3269.3
3273.8
3282.5
3295.9
3267.6
3250.3
3258.9
3288.7
3278.8
3274.7
3259.8
3185.5
3186.2
3199.5
3271.3
3226.3
3214.3
3211.4
3209.5
3222.8 3185.3
3176.8
3241.3
3259.6
3268.6
3293.8
3279.5
3280.7
3305.7
3277.6
3285.1
3221.4
3270.3
3257.7
3272.4
3195.5
3212.5
3291.9
3227.3
3287.4
3279.5
3276.7
3265.4
3283.5
3282.4
3297.8
3273.6
3262.6
3245.4
3230.5
3247.4
3243.3
3231.8
3245.3
3250.4
3257.2
3240.4
3233.6
3216.3
3211.3
3204.2
3198.7
3201.8
3197.7
3193.8
3209.7
3218.2
3223.5
3217.3
3209.7
3258.9
3253.5
3274.4
3245.2
3251.9
3243.1
3232.8
3207.6
3278.7
3280.5
3279.5
3265.4
3265.7
3266.6
3268.7
3268.4
3273.4
3257.5
3249.6
3255.4
3239.7
3255.6
3261.5
3268.5
3220.9
3194.6
3203.7
3277.4
M6-T1
M6-T1
M6-T2
M6-T2
M6-T3
M6-T3
3290
3285
3280
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3300
3305
3300
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317031653160
3165
316031553150314531403135
3135313031253120
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315531603165
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63 64105104103102101100
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83 SILVERWOOD DEVELOPMENT
PHASE 1, LLC
$'(/$:$5(/,0,7('/,$%,/,7<&203$1<)250(5/<.12:1$67$3(675< '(9(/230(173+$6(1//&$'(/$:$5(/,0,7('/,$%,/,7<&203$1< 32%2;401907
+(63(5,$&$92340
27404 VIA INDUSTRIA, 2ND FLOOR
TEMECULA, CA 92590
951-200-6840
6HS042025
GRAPHIC SCALE
6((6+((76
6((6+((78
SHEET INDEX MAPTRACT 18955 PHASING
TR#1
TR#3
TR#4
TR#5
TR#6
TR#7
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TR#10
TR#11
TR#12
TR#13
TR#14
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TR#16
TR#17
TR#18
TR#19
TR#20
TR#21
TR#22
TR#23
SHEET 2
SHEET 3
SHEET 4
SHEET 5
SHEET 6
SHEET 7
SHEET 8
SHEET 9
TR#2
TR#26
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SILVERWOOD DEVELOPMENT
PHASE 1, LLC
A DELAWARE LIMITED LIABILITY COMPANY, FORMERLY KNOWN AS TAPESTRY DEVELOPMENT PHASE 1. LLC, A DELAWARE LIMITED LIABILITY COMPANY P.O. BOX 401907
HESPERIA, CA, 92340
27404 VIA INDUSTRIA, 2ND FLOOR
TEMECULA, CA 92590
951-200-6840
Sep 04, 2025
GRAPHIC SCALE
SEE SHEET 11
SEE ENLARGEMENT NO. 1 @ RIGHT
ENLARGEMENT NO. 1
1"=100'
UTILITIES SHEET INDEX MAP
TRACT 18955 PHASING
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SILVERWOOD DEVELOPMENT
PHASE 1, LLC
A DELAWARE LIMITED LIABILITY COMPANY, FORMERLY KNOWN AS TAPESTRY DEVELOPMENT PHASE 1. LLC, A DELAWARE LIMITED LIABILITY COMPANY P.O. BOX 401907
HESPERIA, CA, 92340
27404 VIA INDUSTRIA, 2ND FLOOR
TEMECULA, CA 92590
951-200-6840
Sep 04, 2025
GRAPHIC SCALE
SEE SHEET 12
SEE SHEET 10SEE SHEET 3
UTILITIES SHEET INDEX MAP
TRACT 18955 PHASING
TR#1
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SILVERWOOD DEVELOPMENT
PHASE 1, LLC
A DELAWARE LIMITED LIABILITY COMPANY, FORMERLY KNOWN AS TAPESTRY DEVELOPMENT PHASE 1. LLC, A DELAWARE LIMITED LIABILITY COMPANY P.O. BOX 401907
HESPERIA, CA, 92340
27404 VIA INDUSTRIA, 2ND FLOOR
TEMECULA, CA 92590
951-200-6840
Sep 04, 2025
GRAPHIC SCALE
SEE SHEET 11
SEE SHEET 3
UTILITIES SHEET INDEX MAP
TRACT 18955 PHASING
TR#1
TR#3
TR#4
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ORDINANCE NO. 2025-09
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF HESPERIA,
CALIFORNIA, ADOPTING A SPECIFIC PLAN AMENDMENT TO AMEND THE
LAND USE DESIGNATION OF MULTIPLE PLANNING AREAS WITHIN THE TAPESTRY SPECIFIC PLAN, REFERRED TO AS SILVERWOOD (SPLA25- 00001)
WHEREAS, on January 26, 2016, the City Council of the City of Hesperia adopted Ordinance No. 2015-10, thereby adopting the Tapestry Specific Plan; and
WHEREAS, Silverwood Development has filed an application requesting approval of Specific Plan Amendment SPLA25-00001 described herein (hereinafter referred to as the "Application"); and
WHEREAS, the Application applies to a request to amend the land use designations of multiple Planning Areas within the Tapestry Specific Plan, including Planning Areas A41, A42, A10, and A43 in Phase 1B and Planning Area A14 in Phase 1C; and
WHEREAS, the proposed amendments include the replacement of Planning Area A41 with Planning Area A42, and changing the zoning designation from Medium Density (minimum lot size of 2,900 square feet) to Low Medium Density (minimum lot size of 5,000 square feet).
Similarly, Planning Area A10 will be replaced by Planning Area A43, and changing the zoning designation from Park (no minimum lot size requirements) to Low Medium Density (minimum lot size of 5,000 square feet) within Phase 1B. In Phase 1C, the zoning designation of Planning Area A14 would be changed from Low Density (minimum lot size of 7,200 square feet) to Low Medium Density (minimum lot size of 5,000 square feet); and
WHEREAS, these revisions will reflect a shift toward Low Medium Density zoning, with standardized minimum lot sizes of 5,000 square feet; and
WHEREAS, the Applicant has also filed an application to revise Tentative Tract Map No. 18955 to adjust the approved lot layouts within Phase 1B and Phase 1C. The modifications to the map are a direct result of the proposed zoning changes, as well as additional refinements to lot configurations and street alignments within some of the Planning Areas; and
WHEREAS, approval of the proposed Specific Plan Amendment is exempt from the California Environmental Quality Act (CEQA) pursuant to Section 15061(b)(3), as it does not increase the density or intensity permitted by the Tapestry Specific Plan and therefore it can be determined with certainty that the amendment will not have a significant effect on the environment; and
WHEREAS, on October 9, 2025, the Planning Commission of the City of Hesperia conducted a duly noticed public hearing pertaining to the proposed amendment and concluded said hearing on that date; and
WHEREAS, on November 18, 2025, the City Council of the City of Hesperia conducted a duly noticed public hearing pertaining to the proposed Amendment and concluded said hearing on that date; and
WHEREAS, all legal prerequisites to the adoption of this Ordinance have occurred.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF HESPERIA DOES ORDAIN AS FOLLOWS:
Section 1. The City Council hereby specifically finds that all the facts and recitals set forth above in this Ordinance are true and correct and incorporated herein by this reference.
Section 2. Based upon substantial evidence presented to the City Council , including written and oral staff reports, the City Council specifically finds that the propo sed Ordinance is consistent with the goals and objectives of the adopted General Plan.
Section 3. The proposed specific plan amendment is suitable for the land uses allowed in the Low Medium Density zoning designation, and adequate space exists which can meet the standards for setbacks, height, lot coverage, parking and circulation within the proposed Specific Plan designation.
Section 4. The proposed amendment to the Tapestry Specific Plan is reasonable and beneficial at this time because it will better align with current development and community needs, while maintaining consistency with surrounding land uses. The amendment also facilitates a more cohesive neighborhood design and ensures that infrastructure and public services can be planned and provided in a consistent manner.
Section 5. The proposed change in land uses will not have a significant adverse impact on surrounding properties or the community in general, as the subject Planning Areas are surrounded with tracts with the same zoning des ignation of Low Medium Density within the Tapestry Specific Plan.
Section 6. Based on the findings and conclusions set forth in this Ordinance, the City Council hereby adopts Specific Plan Amendment SPLA25-00001, amending the land use designation for multiple planning areas within the Tapestry Specific Plan.
Section 7. This Ordinance shall take effect thirty (30) days from the date of adoption.
Section 8. The City Clerk shall certify to the adoption of this Ordinance and shall cause the same to be posted in three (3) public places within the City of Hesperia pursuant to the provisions of Resolution No. 2007-101.
ADOPTED AND APPROVED on this 2nd day of December 2025.
__________________________________ _______________________________ Mayor
ATTEST:
_________________________________________
Jessica Giber, Assistant City Clerk
RESOLUTION NO. 2025-44
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HESPERIA, CALIFORNIA, ADOPTING REVISED TENTATIVE TRACT MAP NO. 18955 TO
MAKE MODIFICATIONS TO THE LOT LAYOUT FOR MULTIPLE PLANNING
AREAS WITHIN THE TAPESTRY SPECIFIC PLAN, REFERRED TO AS SILVERWOOD (TTR25-00002)
WHEREAS, on January 26, 2016, the City Council of the City of Hesperia adopted Ordinance No. 2015-10, thereby adopting the Tapestry Specific Plan; and
WHEREAS, Silverwood Development has filed an application requesting approval of revised Tentative Tract Map No. 18955, case number TTR25-00002 described herein (hereinafter referred to as "Application"); and
WHEREAS, the Application applies to the request to revise Tentative Tract Map No. 18955. Multiple modifications will be conducted to the lot layouts within Phase 1B to include Planning Areas A18, A28, A29, A30, A37, A38, A42, and A43, as well as Phase 1C to include Planning Areas A14, A15 and A16; and
WHEREAS, the Applicant has also filed an application requesting approval of Specific Plan Amendment SPLA25-00001, to amend the land use designations of multiple Planning Areas within the Tapestry Specific Plan. The proposed amendments include the replacement of Planning Area A41 with Planning Area A42, and changing the zoning designation from Medium Density (minimum lot size of 2,900 square feet) to Low Medium Density (minimum lot size of 5,000 square feet). Similarly, Planning Area A10 will be replaced by Planni ng Area A43, and changing the zoning designation from Park (no minimum lot size requirements) to Low Medium Density (minimum lot size of 5,000 square feet) within Phase 1B. In Phase 1C, the zoning designation of Planning Area A14 would be changed from Low Density (minimum lot size of 7,200 square feet) to Low Medium Density (minimum lot size of 5,000 square feet); and
WHEREAS, in Phase 1B, several Planning Areas including A18, A28, and A38 are proposed to experience reductions in the total number of lots, while other Planning Areas, such as A29, A37, A42, and A43, would see increases. The total number of lots for Planning Area A30 is proposed to remain unchanged. Overall, these modifications would increase the total number of lots within Phase 1B from 740 to 787, representing a net gain of 47 lots; and
WHEREAS, in Phase 1C, Planning Areas A14 and A16 are proposed to see increases in total lots, while Planning Area A15 would experience a slight reduction, resulting in an increase in the total number of lots from 325 to 369, or a gain of 44 lots. Collectively, these adjustments represent a combined net increase of 91 lots across both phases; and
WHEREAS, the total number of lots within Phase 1 would remain below the originally approved 2,104 lots, with 2,097 lots designated for future construction; and
WHEREAS, approval of the proposed revised Tentative Tract Map No. 18955 is exempt from the California Environmental Quality Act (CEQA) pursuant to Section 15061(b)(3), as it does not increase the density or intensity permitted by the Tapestry Specific Plan and therefore it can be determined with certainty that the amendment will not have a significant effect on the environment; and
WHEREAS, on October 9, 2025, the Planning Commission of the City of Hesperia conducted a duly noticed public hearing pertaining to the revised Tentative Tract Map No. 18955 and concluded said hearing on that date; and
WHEREAS, on November 18, 2025, the City Council of the City of Hesperia conducted a duly noticed public hearing pertaining to the revised Tentative Tract Map No. 18955 and concluded said hearing on that date; and
WHEREAS, all legal prerequisites to the adoption of this Resolution have occurred.
NOW THEREFORE, BE IT RESOLVED BY THE CITY OF HESPERIA CITY COUNCIL AS FOLLOWS:
Section 1. The City Council hereby specifically finds that all the facts set forth in this Resolution are true and correct.
Section 2. Based upon substantial evidence presented to this City Council during the above-referenced November 18, 2025, hearing, including public testimony and written and oral staff reports, this City Council specifically finds as follows:
(a) The site is physically suitable for the type of development, as the site could accommodate the additional proposed lots within the subdivision. The design of the subdivision or the type of improvements will not conflict with easements, acquired by the public at large, for access through or use of the property within the proposed subdivision; and
(b) The site is physically suitable for th e proposed density of development because the lots are adequate in size and shape and all development standards will be met with the concurrent adoption of the Specific Plan Amendment. The overall density of Phase 1 will remain below the originally approved number of 2,104 homes, as 2,097 homes are projected to be constructed; and
(c) The proposed modifications to the lot layouts or type of improvements are not expected to cause substantial environmental damage or significantly and avoidably harm fish, wildlife, or their habitat. Conditions of approval for the project require surveys by an approved biologist to be conducted prior to the issuance of grading permits to confirm that no active wildlife is present on the site; and
(d) The proposed modifications to the lot layouts or type of improvements are not likely to cause serious public health problems because all construction will require necessary permits and will conform to the City’s adopted building and fire codes. Prior to any ground disturbance, improvement plans for drainage, erosion, sewer, water, and circulation are required to be submitted to ensure on-site and off-site improvements are constructed to the latest standards. The project will connect to a reliable potable water source and connect to sewer ensuring sanitary disposal of wastewater. Upon development of the residences, each home will be required to have trash pickup service from the City’s franchised waste hauler; and
(e) The proposed modifications are consistent with the goals, policies, standards and all applicable regulations of the City of Hesperia Municipal Code. The modifications or improvements proposed are consistent with the Tapestry Specific Plan, General Plan, and the Hesperia Municipal Code, as the project supports the existing surrounding land use; and
(f) The proposed modifications are consistent with development standards of the Tapestry Specific Plan and provide to the extent feasible, passive or natural heating and cooling opportunities for each of the proposed lots. All single - family residences must meet the minimum energy efficiency standards in Title 24, which mandates among other things, building insulation, solar panels, and light/ventilation systems to make the homes energy efficient.
Section 3. Based on the findings and conclusions set forth in this Resolution, this City Council hereby recommends adoption of TTR25-00002 to make modifications to the lot layout for multiple Planning Areas under TTM No. 18955, subject to the conditions of approval as shown in Exhibit “A”.
Section 4. The City Clerk shall certify to the passage and adoption of this Resolution and enter it into the book of original resolutions.
ADOPTED AND APPROVED on this 18th day of November 2025.
_______________________________
Allison Lee, Mayor
ATTEST:
_________________________________________
Jessica Giber, Assistant City Clerk
Dept Condition
Type Page Condition Required
Prior To: In Compliance Date
Sat isfied Staff Member Comments
B COA 6.2
DEMOLITION OF ON-SITE STRUCTURES (Mitigation Measure HAZ-1). Prior to implementing associated demolition operations, an evaluation of the potential occurrence of asbestos-containing materials (ACMs), lead-based paint (LBP) and/or polychlorinated biphenyls (PCBs) shall be conducted for demolition/removal of pertinent on-site structures, including the abandoned fire station and telephone office, previously occupied structures in the “rock house” complex and applicable power pole transformers in accordance with Mitigation Measure HAZ-1. (B)
Ground
Disturbance
B COA 6.4
PRE-CONSTRUCTION MEETING. Pre-construction meetings shall be held between the City the Developer grading contractors and special inspectors to discuss permit requirements, monitoring and other applicable environmental mitigation measures required prior to ground disturbance and prior to development of improvements within the public right-of-way. (B)
Ground
Disturbance
B COA 6.5 DUST CONTROL. Dust control shall be maintained before, during, and after all grading operations. (B)
Ground
Disturbance
E COA 6.8
EROSION CONTROL. The developer and all contractors shall comply with the State’s Construction General Permit for grading and shall have all Best Management Practices (BMPs) in place. BMPs shall remain in place until all post-construction BMPs are in place and operational and the Notice of Termination (NOT) is filed and accepted by the State. (E) Ground
Disturbance
E COA 7.1
STORM WATER POLLUTION PREVENTION PLAN. The Developer shall provide a Storm Water Pollution Prevention Plan (S.W.P.P.P.) which addresses the method of storm water run-off control during construction for each phase. (E)
Ground
Disturbance
F COA 7.8 FUEL MODIFICATION ZONE. The project shall comply with the Fuel Modification Design Criteria report dated July 7, 2014. (F) Ground
Disturbance
P COA 9.4
LAND USE APPROVAL. Prior to nonresidential development, a Land Use Application shall be filed with the Planning Division for review and approval. (P)
Ground
Disturbance
B COA 1.1
STREET NAME APPROVAL. The developer shall submit a request for street names for all of the interior streets for review and approval by the Building Division. (B)
General
E COA 1.3
FINAL MAP. A Final Map shall be prepared by or under the direction of a registered Civil Engineer or licensed Land Surveyor based upon a survey and shall conform to all provisions as outlined in Article 66433 of the Subdivision Map Act as well as the San Bernardino County Surveyor's Office Final Map Standards. (E)
General
E COA 1.4
PLANS. All required plans shall be prepared by a registered Civil Engineer per City standards to the satisfaction of the City Engineer. Five sets of improvement plans shall be submitted to the Engineering Department for plan review. Improvement plans and applicable studies must be submitted as a complete submittal package. (E)
General
E COA 1.6
TITLE REPORT. The Developer shall provide a complete title report 90 days or newer from the date of submittal. (E)
General
E COA 1.7
GEOTECHNICAL REPORT. The Developer shall provide two copies of the soils report to substantiate all grading, building and public improvement plans. Include R value testing and pavement recommendations for public streets. (E, B)
General
E COA 1.8
N.P.D.E.S. The Developer shall apply for the required NPDES (National Pollutant Discharge Elimination System) permit with the Regional Water Quality Control Board and pay applicable fees. (E)
General
E COA 1.9
STORM WATER POLLUTION PREVENTION PLAN. The Developer shall provide a Storm Water Pollution Prevention Plan (S.W.P.P.P.) which addresses the method of storm water run-off control during construction. (E)
General
E COA 3.10
GRADING PLAN. The Developer shall submit a grading plan with existing contours (mass grading contours) tied to an acceptable City benchmark.
The grading plan shall indicate proposed development of streets and proposed development of retention basin(s) at a minimum. Site grading shall comply with recommendations provided in the approved soils report.
All proposed walls shall be indicated on the grading plans showing top of wall (tw) and top of footing (tf) elevations along with finish grade (fg) elevations. Wall height from finish grade (fg) to top of wall (tw) shall not exceed 10 feet in height. Grading Plans are subject to review by the City Engineer upon submittal of the Improvement Plans. (E) (E) General
E COA 3.11
ON-SITE RETENTION. Retention basins shall be designed to accommodate both nuisance and storm water flows without accumulating standing water for a period longer than 48 hours. Retention basins over 18 inches in depth shall be fenced on all sides and shall have a paved 14-foot wide (min.) 12 percent (max.) access road. Side slopes shall not exceed 3:1. (E) General
E COA 4.1 STREET IMPROVEMENTS. The Developer shall design street improvements in accordance with City standards and these conditions. (E) General E COA
INTERIOR STREETS. The Developer shall design street improvements in accordance with the Silverwood approved Alignment Study, these conditions, and/or as amended and approved by the City Engineer. Street improvements shall include sidewalks/trails (per approved Alignment Study), applicable driveways, handicap ramps per city standards at all intersections except knuckles, roadway drainage devices, streetlights per City standards, and traffic control signs, striping and devices all as approved by the City Engineer. Streets that end into subsequent phases shall include emergency services turnarounds and interim posting and signage plan.
Roadway pavement sections shall be determined based upon post grading R-value testing and traffic indices as shown on the approved Alignment Study, all as approved by the City Engineer. (E)
General
PRIOR TO GROUND DISTURBANCE
PART OF SUBMITTAL OF PUBLIC IMPROVEMENT PLANS
Silverwood - TTM 18955 Conditions of Approval
List of Conditions for TTR25-00002
Approval Date: November 18, 2025
Expiration Date: March
04, 2041
Effective Date: January 01, 2026
Considerat
ion of revised Tentative Tract Map (TTR25-00002) to make modifications to Tentative Tract Map No. 18955 to change the lotting layout for Planning Areas A14-A16, A18, A28-A30, A37- 38, A42-A43. The revised Tentative Tract Map (TTR25-00002) is being processed in conjunction with Specific Plan Amendment (SPLA25-00001) to change the land use designations for the following Planning Areas within the Tapestry Specific Plan (now referred to as the Silverwood Development): A14 from Low Density (minimum lot size 7,200 sq. ft.) to Low Medium Density (min. lot size 5,000 sq. ft.); A41 from Medium Density (min. lot size 2,900 sq. ft.) replace by A42 to Low Medium Density (min. lot size 5,000 sq. ft); and A10 from Park replace by A43 to Low Medium Density (min. lot size 5,000 sq. ft). Applicant: Silverwood Development.
The use shall not be established until all conditions of this land use approval application have been met. This approved land use shall become null and void if all conditions have not been met by the expiration date.
E COA 4.3
SECONDARY ACCESS. The Developer is responsible to provide and construct Secondary Access for each phase of the tract. The street improvement (26-foot Min paved section) is required for secondary access per City standards. The Developer shall provide the City with a circulation plan that identifies the best connection points to existing paved street frontages. Street improvements shall include roadway drainage devices, and traffic control signs, striping and devices all as approved by the City Engineer. Streets that end into subsequent phases shall include emergency services turnarounds and interim posting and signage plan. Roadway pavement sections shall be determined based upon post grading R-value testing and traffic indices as shown on the approved Alignment Study, all as approved by the City Engineer. (E)
General
E COA 4.4
UTILITY PLAN. Developer shall prepare utility service plans for water, recycled water, sewer, drainage, and private utility services. Utility plans shall be designed in accordance with City standards. Fire Fly automatic meter reader to be added on all meter connections. The Utility Service Plans shall provide for utilities required for parks and other sites, as applicable. (E)
General
E COA 4.5
UTILITIES. (E) During construction the entire tract shall have a Master Water Meter per City standards. The Master Meter shall remain in place until all lots are occupied, at which time the individual meters shall be set and activated per City standards.
General
E COA 4.6
WATER IMPROVEMENTS. The Developer shall design water improvements in accordance with City standards. At a minimum, water system shall be a looped system of 8" minimum P.V.C. water lines with hydrants as approved by City and County Fire. Pipeline in easements shall be ductile iron pipe. All utility easements shall be 15 feet minimum in width on one lot unless it is shared with another utility, in which case 20 feet is required on one lot per City standards. It is the Developers responsibility to obtain any dedication(s) or easement(s) needed to construct waterlines. The Developer shall prepare plans per City standards. (E) The Developer shall provide plan and profile per City standards. (E)
General
E COA 5.1
SEWER IMPROVEMENTS. Developer shall design sewer improvements in accordance with the approved Sewer Master Plan Study and City standards.
The Developer shall provide the appropriate on-site sewer lines necessary to serve the project as approved by the City Engineer. A minimum diameter of 8” S.D.R. 35 P.V.C. sewer lines are required within the project.
Any sewer easements that are required will be a minimum of 15 feet in width on one lot unless it is shared with another utility, in which case 20 feet on one lot is required. The Developer shall prepare plans per City standards. (E)
General
E COA
RECYCLED WATER IMPROVEMENTS. The Developer shall design recycled water improvements in accordance with City standards. Components of the system shall be as determined by an approved Recycled Water System Master Plan. Pipeline in easements shall be ductile iron pipe. All utility easements shall be 15 feet minimum in width on one lot unless it is shared with another utility, in which case 20 feet is required on one lot per City standards. It is the Developers responsibility to obtain any dedication(s) or easement(s) needed to construct waterlines. The Developer shall prepare plans per City standards. (E)
General
E COA
TRACT SPECIFIC DRAINAGE HYDROLOGY STUDY. The Developer shall prepare a tract specific hydrology study for each phase of the project based on the approved Drainage Master Hydrology Study. Hydrology study shall be prepared in accordance with City and San Bernardino County Flood Control standards as directed by the Director of Development Services. The study shall include recommendations for conveying drainage through the project and required flood control retention basin volumes to ensure mitigation of all development drainage impacts. (E)
General
E COA 5.3
STORM DRAIN IMPROVEMENTS. The Developer shall design storm drain improvements in accordance with the Tract Site Specific Hydrology Study and City standards. (E)
General
E COA 6.7
RETENTION AND DRAINAGE FACILITIES. The required retention basin(s) and other drainage facilities for each phase shall be designed and completed in accordance with City standards. Retention basins shall be designed to accommodate both nuisance and storm water flows without accumulating standing water for a period longer than 48 hours. Retention basins over 18 inches in depth shall be fenced on all sides and shall have a paved 14-foot wide (min.) 12 percent (max.) access road. Side slopes shall not exceed 3:1. (E, P)
General
E COA 10.4
GROUNDWATER RECHARGE. Storm drains and detention or retention measures shall be designed to assist groundwater recharge, and to minimize impact to downstream properties. All storm water facilities shall meet National Pollution Discharge Elimination Standards (NPDES) and local standards for the treatment of storm water prior to discharge into any natural wash or any storm drain system. (E)
General
P COA 2.2
COMPOSITE DEVELOPMENT PLAN (CDP). Four copies of a CDP shall be submitted in accordance with Chapter 17.20 of the Municipal Code. CDP notes to be delineated are referenced in Section 17.20.020(C). A minimum of three different floor plans shall be provided, each with a minimum of three different elevations. At least one single story plan shall be provided.
General
P COA 2.1
CONDITIONS, COVENANTS AND RESTRICTIONS. Conditions, Covenants and Restrictions (CC&Rs) shall be submitted for review and approval by the City prior to recordation. The CC&Rs shall contain the following provisions at a minimum:
Final Map
Recordation
E COA 3.3
PRE-PAYMENT OF DEVELOPMENT IMPACT FEES. The Developer shall pre- pay $12,000,000 of the street portion of the development impact fees prior to recordation of the first phase of the final map. (B) Final Map
Recordation
E COA 3.4
DEDICATION TO CITY FOR PUBLIC FACILITIES. All tentative maps shall provide that all roads, water, sewer, storm drain facilities and associated easements shall be dedicated to the City of Hesperia. Properties intended for parks, police, fire, schools and other public facilities must be dedicated to the City of Hesperia, the Hesperia Recreation and Park District or Hesperia Unified School District. (E)
Final Map
Recordation
E COA 3.5
LETTERED LOTS. Lettered lots shall be dedicated to the City of Hesperia for drainage storm drain, retention basin, slope maintenance, and open space purposes. (E)
Final Map
Recordation
E COA 3.6
IMPROVEMENT AGREEMENT/SURETY. The Developer shall execute Improvement and Grading Agreements and post surety for all public improvements. The amounts will be approved by the City Engineer. (E) Final Map
Recordation
E COA 3.7
DEDICATIONS. The Developer shall grant to the City of Hesperia an Irrevocable Offer of Dedication for roadways and Grant of Easement(s) for storm drain and utility purposes as shown on the approved tentative map and as described below. (E)
Final Map
Recordation
E COA 3.8
INTERIOR STREETS. The Developer shall grant to the City an Irrevocable Offer of Dedication for the interior streets. Streets shall be a minimum of 56 feet wide for Local Roads per the approved Alignment Study. Corner cut- off right of way dedication per City standards is required at all intersections, including interior roadways, except at knuckles. (E)
Final Map
Recordation
E COA 3.9
COST ESTIMATE AND MATERIALS LIST. For each map phase, the Developer shall submit a cost estimate and materials list to the City Engineer for all off- site public improvements per City standards. (E)
Final Map
Recordation
PRIOR TO FINAL MAP RECORDATION