Agenda — Lodi City Council, March 2, 2022 (part 1 of 3)

Revised 10/2021 2/23/2022 5:36 PM

Date: March 2, 2022
Closed Session: 6:30 p.m.

Regular Meeting: 7:00 p.m.

For information contact: Asst. City Clerk 209-333-6702 C-1 Call to Order / Roll Call
C-2 Announcement of Closed Session
a) Conference with Adele Post, Human Resources Manager, and Andrew Keys, Deputy City Manager (Labor Negotiators), Regarding Lodi City Mid-Management Association, AFSCME General Services and Maintenance & Operators, Police Mid-Managers, Lodi Police Officers Association, Lodi Police Dispatchers Association, Lodi Professional Firefighters, Lodi Fire Mid-Management, International Brotherhood of Electrical Workers, Confidential General Services, Confidential Mid-Managers, Executive Managers, and Appointed Employees Pursuant to Government Code §54957.6 (CM)

b) Public Employee Recruitment: Candidates for Council Appointed Position of City Clerk Pursuant to Government Code 54957 (HR)

C-3 Adjourn to Closed Session

NOTE: THE FOLLOWING ITEMS WILL COMMENCE NO SOONER THAN 7:00 P.M.

C-4 Return to Open Session / Disclosure of Action
A. Call to Order / Roll Call
G. Public Hearings

G-1 Public Hearing to Receive and Consider Final 2020 Census Data and Obtain Input from the Public Regarding Redrawing of Election District Boundaries (CA)

LODI CITY COUNCIL
Carnegie Forum
305 West Pine Street, Lodi

Notice Regarding Public Comments
Public Comment may be submitted in the following ways:
• In-person – The Carnegie Forum is open to the public in accordance with CDPH and CalOSHA guidelines.
• Zoom Webinar
 Meeting ID: 812 8765 8564
 Passcode: 508789
 Phone number: 1 253 215 8782 or 1 346 248 7799
 Link: https://us06web.zoom.us/j/81287658564?pwd=VEJ4dm9mcFNYbTJXKzk1YUZXSVRmQT09 Public comment received via email, mail, or hand delivery will be provided to the City Council and included in the official minutes of the meeting, but will not be read aloud at the meeting. • Email – [email protected]
 Received no later than two hours prior to the meeting • Mail – City Clerk’s Office, P.O. Box 3006, Lodi, CA 95241 • Hand delivered to: City Clerk’s Office, 221 W. Pine Street, Lodi, CA 95240  Received no later than two hours prior to the meeting 6:55 p.m. Invocation/Call to Civic Responsibility . Invocations/Calls may be offered by any of the various religious and non- religious organizations within and around the City of Lodi. These are voluntary offerings of private citizens, to and for the benefit of the Council. The views or beliefs expressed by the Speaker have not been previously reviewed or approved by the Council, and the Council does not endorse the beliefs or views of any speaker. **AGENDA**

REGULAR / SPECIAL JOINT

MEETING
Lodi City Council
Lodi Public Financing Authority

CITY COUNCIL AGENDA
MARCH 2, 2022

PAGE TWO

B. Presentations
B-1 Arbor Day Proclamation (PRCS)

C. Consent Calendar (Reading; Comments by the Public; Council Action) All matters listed on the consent calendar are considered to be routine and will be acted upon by one motion.

There will be no separate discussion of these items. If a member of the public would like a consent cale ndar item pulled and discussed separately, refer to the Notice at the beginning of this agenda.

C-1 Receive Register of Claims for January 28, 2022 through February 10, 2022 in the Total Amount of $3,081,105.67 (FIN)

C-2 Approve Minutes (CLK)
a) February 8 and February 15, 2022 (Special Meetings)
b) February 8 and February 15, 2022 (Shirtsleeve Sessions)

C-3 Accept Quarterly Report of Purchases between $10,000 and $20,000 (FIN)

C-4 Accept Quarterly Investment Report as Required by City of Lodi Investment Policy (FIN)

Res. C-5 Adopt Resolution Authorizing Purchase of Focus Laser Scanner and Scene Software Subscription from ZNET Tech, LLC, of Hacienda Heights ($49,396) (PD)

Res. C-6 Adopt Resolution Authorizing City Manager to Waive Bid Process and Purchase Traffic Control Equipment from Econolite Systems, Inc., of Anaheim ($75,050) (PW)

C-7 Approve Specifications and Authorize Advertisement for Bids for 2021/2022 Pavement Resurfacing Project (PW)

Res. C-8 Approve Plans and Specifications and Authorize Advertisement for Bids for Stormwater Trash Collection Project – Phase 3 (2022) and Adopt Resolution Authorizing City Manager to Award Contract to Lowest Responsive Bidder ($400,000) and Execute Change Orders ($40,000) (PW)

Res. C-9 Adopt Resolution Authorizing City Manager to Execute Professional Services Agreement with Safety - Kleen, Inc., of Salida, for Hazardous Waste Disposal ($50,000) (PW)

Res. C-10 Adopt Resolution Authorizing City Manager to Execute Two-Year Professional Services Agreement with Valley Outdoor Advertising, of Lodi, for Electric Utility Advertising Services ($42,000) (EU)

Res. C-11 Adopt Resolution Authorizing City Manager to Execute Amendment No. 2 to Extend Measure K Renewal Cooperative Agreement with San Joaquin Council of Governments for Grapeline Operations Revenue for Fiscal Year 2021/22 ($400,000) (PW)

Res. C-12 Adopt Resolution Authorizing City Manager to Execute Reimbursement Agreement with Cherokee Memorial Park, Inc., for Outside City Wastewater Service at 14165 Beckman Road (PW)

Res. C-13 Adopt Resolution Authorizing City Manager to Appropriate Funds for Purchase of 2014 Chevrolet Traverse from Transit Division ($15,505) (PRCS)

Res. C-14 Adopt Resolution Amending Traffic Resolution No. 97-148 by Approving a Multi-Way Stop Control at Guild Avenue and Turner Road (PW)

Res. C-15 Adopt Resolution Approving City of Lodi Pay Schedule Dated March 2, 2022 (HR)

Res. C-16 Rescind Resolution 2021-18 and Adopt Resolution Authorizing Issuance of Procurement Cards to Specified Positions (ISD

CITY COUNCIL AGENDA
MARCH 2, 2022

PAGE THREE

Res. C-17 Adopt Resolution Authorizing City Manager to Execute Agreement for Legal Services with Jones Hall, a Professional Law Corporation, of San Francisco, for Bond Counsel Services in Connection with Refinancing of Outstanding Lease Payment Obligation and Financing of Outstanding Lease Payment Obligation and Financing of Capital Improvements (Not to Exceed $101,500) (CA)

D. Comments by the Public on Non-Agenda Items

THE TIME ALLOWED PER NON -AGENDA ITEM FOR COMMENTS MADE BY THE PUBLIC IS LIMITED TO FIVE MINUTES.

Public comment may only be made on matters within the Lodi City Council's jurisdiction (Government Code Section 54954.3, Lodi City Council Protocol Manual Section 6.3l) . The Council cannot take action or deliberate on items that are not on this agenda unless there is an emergency and the need t o take action on that emergency arose after this agenda was posted (Government Code Section 54954.2(b)(2)). All other items may only be referred for review to staff or placement on a future Council agenda.

If you wish to address the Council, please refer to the Notice at the beginning of this agenda. Individuals are limited to one appearance during this section of the Agenda.

E. Comments by the City Council Members on Non-Agenda Items

F. Comments by the City Manager on Non-Agenda Items

G. Public Hearings (Continued)

Res. G-2 Public Hearing to Consider Adopting Resolution Amending Requirements and Procedures for Review of Growth Allocation Applications (CD)

Res. G-3 Adopt Resolutions and Authorize Documents and Actions Regarding the Financing for the Acquisition, Res. Design and Construction of Capital Improvements (CA)

(a) Hold a Noticed Public Hearing.

(b) Adopt Resolution of the City Council of the City of Lodi Making Findings and Approving Documents and Official Actions Relating to the Proposed Issuance by the Lodi Public Financing Authority of Lease Revenue Bonds to Refinance Outstanding Lease Revenue Bonds and Provide Financing for Acquisition and Construction of Capital Improvements, Including an Animal Shelter and Parks and Playground Improvements and Upgrades, and

(c) Adopt Resolution of Board of Directors of the Lodi Public Financing Authority Authorizing the Issuance and Sale of Lease Revenue Bonds to Refinance Outstanding Lease Revenue Bonds and Provide Financing for Acquisition and Construction of Capital Improvements, Including an Ani mal Shelter and Parks and Playground Improvements and Upgrades, and Approving Related Documents and Official Action

H. Regular Calendar

Res. H-1 Adopt Resolution Approving Fiscal Year 2021/22 Mid-Year Budget Adjustments (ISD)

Res. H-2 Adopt Resolution Approving Final Budget Allocation and Spending Plan for City of Lodi’s Use of Federal American Rescue Plan Act of 2021 Funding (ISD)

H-3 Provide Direction on Charging for Fourth of July Event (PRCS)

Ord. H-4 Introduce Ordinance Amending Lodi Municipal Code Title 13 – Public Services – by Repealing and (Introduce) Reenacting Chapter 13.16, “Solid Waste,” in Its Entirety (PW)

CITY COUNCIL AGENDA
MARCH 2, 2022

PAGE FOUR

I. Ordinances

Ord. I-1 Adopt Ordinance No. 1993 Entitled, “An Ordinance of the Lodi City Council Amending Lodi Municipal (Adopt) Code Title 15 – Buildings and Construction – by Amending Sections of Chapter 15.20, ‘Fire Code,’ to Reflect the Current Code Citation Numbers” (CLK)

J. Adjournment

Pursuant to Section 54954.2(a) of the Government Code of the State of California, this agenda was posted at least 72 hours in advance of the scheduled meeting at a public place freely accessible to the public 24 hours a day.

______________________________
Pamela M. Farris
Assistant City Clerk

All staff reports or other written documentation relating to each item of business referred to on the agenda are on file in the Office of the City Clerk, located at 221 W. Pine Street, Lodi, and are available for public inspection. Agendas and staff reports are also posted on the City’s website at www.lodi.gov. If requested, the agenda shall be made available in appropriate alternative formats to persons with a disability, as required by Section 202 of the Americans with Disabilities Act of 1990 (42 U.S.C. Sec. 12132), and the federal rules and regulations adopted in implementation thereof. To make a request for disability-related modification or accommodation contact the City Clerk’s Office as soon as possible and at leas t 72 hours prior to the meeting date. Language interpreter requests must be received at least 72 hours in advance of the meeting to help ensure availability. Contact Pamela M. Farris at (209) 333-6702. Solicitudes de interpretación de idiomas deben ser rec ibidas por lo menos con 72 horas de anticipación a la reunión para ayudar a asegurar la disponibilidad. Llame a Pamela M. Farris (209) 333-6702.

Meetings of the Lodi City Council are telecast on SJTV, Channel 26. The City of Lodi provides live and archived webcasts of regular City Council meetings. The webcasts can be found on the City's website at www.lodi.gov by clicking the meeting webcasts link.

Members of the public may view and listen to the open session of this teleconference meeting at www.facebook.com/CityofLodi/ or https://us06web.zoom.us/j/81287658564?pwd=VEJ4dm9mcFNYbTJXKzk1YUZXSVRmQT09.

AGENDA ITEM G-01
APPR
OVED: __________________________________
Stephen Schwabauer, City Manager

CITY OF LODI

COUNCIL COMMUNICATION
TM
AG
ENDA TITLE: C onduct a Public Hearing to Receive and Consider Final 2020 Census Data and Obtain Input from the Public Regarding the Redrawing of Election District Boundaries
M
EETING DATE: March 2, 2022
P
REPARED BY: City Attorney
RECOMMENDED ACTION: Conduct a Public Hearing to Receive and Consider Final 2020 Census Data and Obtain Input from the Public Regarding the Redrawing of Election District Boundaries.

BACKGROUND INFORMATION: On March 7, 2018, the City Council adopted Ordinance No. 1949, transitioning from at -large elections to by -district City Council member elections following the 2018 elections. Following release of the decennial census data, California Elections Code section 21600, et. seq., requires the City Council review and adjust the boundaries of its districts, using the census data as a basis for any changes, to ensure continuing compliance with the federal Voting Right Act and California Constitution. The redistricting process for the City of Lodi must be completed by April 17, 2022.

A
t the first public hearing, held on July 21, 2021, the Council received a report on the redistricting process and permissible criteria to be considered to redraw City Council election boundaries. No members of the public provided written or verbal comments on the process. On August 18, 2021, the City Council held its second public hearing to receive information on the permissible criteria to be considered to redraw City Council election district boundaries, instructions on defining neighborhood and communities of interest, and to receive public input. No members of the public provided written or verbal comments.

Thi
s is the third of four required public hearings; the purpose of this hearing is to:

1. I
nform the City Council and the public of the final 2020 Census data;

2. Inform the City Council and public as to how the 2020 Census data affects the redistricting pr
ocess;

3. Consider and discuss eligible draft voting district maps; and

4. Receive feedback from the City Council and the public relative to what factors should be taken into consideration when redrawing district boundaries.

I
n 2019, the California legislature adopted the Fair and Inclusive Redistricting for Municipalities and Political Subdivisions (FAIR MAPS) Act (AB 849) significantly changing the criteria for mapping and adopting new redistricting criteria and deadlines compared to the rules when Lodi transitioned from at- large to district elections in 2018. In redrawing district boundaries, Council will need to comply with mandatory criteria in the creation of the final map. Those criteria are:

Conduct a Public Hearing to Receive and Consider Final 2020 Census Data and Obtain Input from the Public Regarding the Redrawing of Election District Boundaries
March 2, 2022

2 a. Population equality across districts. “[A]dopt boundaries for any or all of the council districts of the city so that the council districts shall be substantially equal in population….” (Elections Code §21601(a) and Government Code §34884.)

b. Compliance with the U.S. Constitution, the California Constitution, and the federal Voting Rights Act of 1965 (52 U.S.C. §10301, et seq.).

c. Adopt district boundaries using the following criteria in the order presented:

(i) To the extent practicable, council districts shall be geographically contiguous. (Elec. C. §21601(c)(1).)

(ii) to the extent practicable, the geographic integrity of any local neighborhood or local community of interest shall be respected in a manner that minimizes its division. A “community of interest” is a population that shares common social or economic interests that should be included within a single district for purposes of its effective and fair representation. (Elec. C. §21601(c)(2).)

(iii) Council district boundaries should be easily identifiable and understandable by residents. (Elec. C. §21601(c)(3).)

(iv) To the extent practicable, and where is does not conflict with the proceeding criteria (c)(i)-(iii) above, council districts should be drawn to encourage geographical compactness in a manner that nearby areas of population are not bypassed in favor of or more distant populations.
(Elec. C. §21601(c)(4).)

d. Race cannot be a “predominant” factor or criteria when drawing districts. (Shaw v. Reno (1993) 509 US 630; Miller v. Johnson (1995) 515 US 900; and Cooper v. Harris (2017) 137 S.Ct. 1455.

e. Compliance with the federal Voting Rights Act, which among things, prohibits districts that dilute minority voting rights, and encourages a majority-minority district, if the minority group is sufficiently large, and such a district can be drawn without race being the predominant factor. (Bartlett v. Strickland (2009) 566 US 1.)

Publication and Noticing Requirements for Redistricting Hearings

Pursuant to Elections Code Section 21608(c) and 21608(g)(3), the City is required to publish the hearing date, time and location 5 days in advance on the internet, a website calendar satisfies the publishing requirement. In addition, notice of all public hearings are published in the Lodi News Sentinel.

Language Requirements for Redistricting

Pursuant to Elections Code Section 21608, the City must provide language services in applicable languages, as provided by the Secretary of State. The City continues to be equipped to provide the required services upon request. On June 11, 2021, the Secretary of State released guidance for cities regarding these language requirements. In addition to English, the City of Lodi is required to provide qualifying materials and "live translation" (interpretation) services in Spanish upon a request made at least 72 hours in advance of a hearing or a workshop.

Conduct a Public Hearing to Receive and Consider Final 2020 Census Data and Obtain Input from the Public Regarding the Redrawing of Election District Boundaries
March 2, 2022

3 Mapping Tools and Public Participation Kits

The City's demography consultant, National Demographics Corporation (NDC), provided the mapping tools needed to empower residents to review draft maps and to develop and submit their own map proposals. These tools were made available in both English and Spanish on the City’s website.

Caliper Corporation's "Maptitutde Online Redistricting" (MOR) tool is a professional and powerful online mapping tool allowing residents to develop and submit detailed district map proposals. THe MOR screen contains the plan map, a dataview listing the existing districts and their statistics, and a dataview of pending changes based upon the users transmitted to NDC for further analysis. http://www.lodi.gov/1046/Redistricting.

Paper-and-Excel-based Public Mapping Tools, also known as "Public Participation Kits," were made available as an avenue for public participation. While online mapping tools are very popular, the City wants to ensure that those who do not have internet access or simply prefer not to draw maps online.

The first, and most simple, is a one-page map showing streets, city borders, and population counts for NDC created "Population Unit" geographic areas. Residents draw the map they wish to propose and add up the population counts by hand until they get the right population count in each district. All of the directions needed are right on the single-page form on the City’s webpage.

The second form of offline mapping tool is for those residents who do not want to deal with an online mapping tool, but who are already comfortable with Microsoft Excel. NDC provides a similar simple one- page map of those same "Population Units," but this time the map shows the Unit ID number rather than the population count in that Unit. Residents then enter their preferred district assignment for each Population Unit into the pre-formatted Excel spreadsheet, and Excel calculates the total population and demographics of each District. When the resident has the map the way they like it, they simply email in the Excel file.

As noted, all mapping tools are on the City’s webpage in English and Spanish.

Community Workshops

Two public workshops on the redistricting process and mapping will be conducted on Thursday, March 10 th at noon and Friday, March 18th at 5:30 p.m. in Carnegie Forum; both workshops will be broadcast via Zoom. Additional information regarding the workshops will be posted on the City’s website, social media platforms, and published in the Lodi News Sentinel. The last day for the public to submit maps for consideration is March 23, 2022.

Census Data and Analysis

On September 20, 2021, the State of California posted the prisoner-adjusted 2020 Census data pursuant to Elections Code Section 21003. For all cities, these figures are deemed to be the final numbers to balance in the redistricting process (Elections Code §21603(a)).

NDC processed these numbers and analyzed them with respect to the current districts used in the City of Lodi, which is entitled Lodi Current Districts Demographics 2020 Census Final Data. NDC finds that the City’s current population deviation – the difference between the most populous and least populous districts – is 16.19 percent. This percentage exceeds the 10 percent deviation for a map to meet the equal population requirement.

Conduct a Public Hearing to Receive and Consider Final 2020 Census Data and Obtain Input from the Public Regarding the Redrawing of Election District Boundaries
March 2, 2022

4 Next Steps

Based on the analysis of the final Census data, and having received no maps for consideration from members of the public (as of February 18, 2022), the City Council has the following options:

1. Consider the three (3) Draft Maps presented by NDC, labeled “green”, “orange” and “yellow” and accompanying demographic information (attached);

2. Reduce the number of proposed district maps that will move forward in the process; or

3. Direct NDC to draft a new map(s) based on feedback from the City Council and the public.

The date of the final hearing (Public Hearing No. 4), to select a new map reflecting the 2020 Census data, and compliant with the federal Voting Right Act and California’s Fair Maps Act is currently scheduled for April 6, 2022 at 7:00 p.m.

As noted, the redistricting process for the City of Lodi must be completed by April 17, 2022.

FISCAL IMPACT: The cost to publish the notices of public hearings and demographer fees.

FUNDING AVAILABLE: City Clerk’s Election Budget (100050000.72450).

_______________________________________
Janice D. Magdich
City Attorney

Attachments: Existing District Map and Demographic Information Three (3) Eligible Draft Voting District Maps with Demographic Information Prepared by NDA PowerPoint Presentation

AGENDA ITEM B-01
APPR
OVED: __________________________________
Stephen Schwabauer, City Manager

CITY OF LODI

COUNCIL COMMUNICATION
TM
AGENDA TITLE: Arbor Day Proclamation
M
EETING DATE: March 2, 2022
P
REPARED BY: Parks, Recreation and Cultural Services Director RE
COMMENDED ACTION: Mayor Chandler will present a proclamation proclaiming Arbor Day in the City of Lodi
B
ACKGROUND INFORMATION: Arbor Day will be celebrated from 9 a.m. to 1 p.m. on Saturday, April 2, 2022, at DeBenedetti Park, Lower Sacramento Road at Century Blvd. This year’s celebration is spearheaded by Tree Lodi and is being facilitated by City of Lodi staff, along with CalFire, RJQ Landscape, West Coast Arborists, California Urban Forests Council, and International Society of Arboriculture-Western Chapter.

T
his year’s event includes presentations, demonstrations, seedling giveaway, refreshments, and the planting of new urban trees at DeBenedetti Park. Volunteers are asked to bring shovels, gloves, closed- toed shoes, and water.

T
he celebration of Arbor Day gives the community an opportunity to learn about trees and take positive action to make our city, schools, and where we work a better place.

F
ISCAL IMPACT: Not applicable.

F
UNDING: Not applicable.
____________________
___________________
Christina Jaromay
Parks, Recreation and Cultural Services Director
C
J:tl
c
c: City Attorney

AGENDA ITEM C-01

APPROVED: __________________________________
Stephen Schwabauer, City Manager

CITY OF LODI

COUNCIL COMMUNICATION

AGENDA TITLE: Receive Register of Claims for January 28, 2022 through February 10, 2022 in the Total Amount of $3,081,105.67

MEETING DATE: March 2, 2022

PREPARED BY: Internal Services Director

RECOMMENDED ACTION: Receive the attached Register of Claims for $3,081,105.67.

BACKGROUND INFORMATION: Attached is the Register of Claims in the amount of $3,081,105.67 for January 28, 2022 through February 10, 2022. Also attached is Payroll in the amount of $1,879,837.49 through February 6, 2022.

FISCAL IMPACT: Not applicable.

FUNDING AVAILABLE: As per attached report.

_______________________________
Andrew Keys
Internal Services Director

City of Lodi Live v2020.3 2/16/2022 7:27:57 AM
Fund Fund Title Amount
100 General Fund $1,406,494.56
103 Measure L $210.14
104 American Rescue Plan $67.50
120 Library Fund $6,795.85
140 Expendable Trust $166,876.84
200 Parks Rec & Cultural Services $22,007.04
205 State Grants $19,497.67
206 Misc Grants $335.74
216 PD Misc Grants $1.25
270 Comm Dev Special Rev Fund $18,942.42
301 Gas Tax-2105 2106 2107 $18,882.97
302 Gas Tax -2103 $7,538.00
307 Federal - Streets $57,466.74
350 H U D $29,221.06
431 Capital Outlay/General Fund $1,501.50
437 IMF Parks & Rec Facilities $1,456.72
500 Electric Utility Fund $149,051.52
501 Utility Outlay Reserve Fund $71.85
504 Public Benefits Fund $69,357.46
530 Waste Water Utility Fund $192,341.50
531 Waste Wtr Util-Capital Outlay $53,626.79
560 Water Utility Fund $46,821.81
561 Water Utility-Capital Outlay $4,839.05
565 PCE/TCE Rate Abatement Fund $8,415.00
590 Central Plume $3,277.44
591 Southern Plume $37,340.00
600 Dial-a-Ride/Transportation $1,448.60
601 Transit Capital $5.37
605 Prop.1B State of Good Repair $12,698.36
641 Equipment replacement $29,705.43
642 IT replacement $125.00
650 Internal Service/Equip Maint $33,426.87
655 Employee Benefits $679,133.26
665 Worker's Comp Insurance $2,124.36
Total $3,081,105.67
AP Council Report Summary
1/28/2022-2/10/2022
City of Lodi Live v2020.3 2/16/2022 7:30:00 AM
Fund Description Amount
$908,826.63
$186,246.07
$19,639.86
$117,615.94
$35,872.14
$38,597.36
$307,593.41
$41,090.41
$157,900.48
$20,806.49
$8,256.85
$23,162.24
$13,101.62
Report Total $1,879,837.49
Council Report: Payroll
Pay Period: 2/6/2022
100 General Fund
103 Measure L
120 Library Fund
200 Parks Rec & Cultural Services
270 Comm Dev Special Rev Fund
301 Gas Tax-2105 2106 2107
500 Electric Utility Fund
501 Utility Outlay Reserve Fund
650 Internal Service/Equip Maint
655 Employee Benefits
530 Waste Water Utility Fund
560 Water Utility Fund
600 Dial-a-Ride/Transportation
A GENDA ITEM C-02
APPR
OVED: _________________________________________
Stephen Schwabauer, City Manager
\\cvcfilv01\administration$\Shared\cityclerk\Agenda\2022\030222\CLK - Minutes\Minutes.doc

CITY OF LODI

COUNCIL COMMUNICATION

TM
AGENDA TITLE: Approve Minutes
a) February 8, 2022 (Special Meeting)
b) February 8, 2022 (Shirtsleeve Session)
c) February 15, 2022 (Special Meeting)
d) February 15, 2022 (Shirtsleeve Session)
MEETING DATE: March 2, 2022
PREPARED BY: City Clerk
RE
COMMENDED ACTION: A pprove the following minutes as prepared:
a) February 8, 2022 (Special Meeting)
b) February 8, 2022 (Shirtsleeve Session)
c) February 15, 2022 (Special Meeting)
d) February 15, 2022 (Shirtsleeve Session)
B
ACKGROUND INFORMATION: Attached are copies of the subject minutes marked Exhibit A through D respectively.

FISCAL IMPACT: Not applicable.

FUNDING AVAILABLE: Not applicable.
__________________________
_____
Pamela M. Farris
Assistant City Clerk
Attachments

LODI CITY COUNCIL

SPECIAL CITY COUNCIL MEETING
CARNEGIE FORUM, 305 WEST PINE STREET
TUESDAY, FEBRUARY 8, 2022
The Special City Council meeting of February 8, 2022, was called to order by Mayor Chandler at 7:19 a.m.

Present: Council Member Khan, Council Member Kuehne, Council Member Nakanishi, and Mayor Chandler

Absent: Mayor Pro Tempore Hothi
Also Present: City Manager Schwabauer, City Attorney Magdich, and Assistant City Clerk Farris At 7:19 a.m., Mayor Chandler adjourned the meeting to a Closed Session to discuss the above matters. The Closed Session adjourned at 8:08 a.m.

At 8:08, Mayor Chandler reconvened the City Council meeting, and Deputy City Manager Keys disclosed the following actions.

Item B-1 was discussion with no reportable action.

There being no further business to come before the City Council, the meeting was adjourned at 8:10 a.m.

A. Call to Order / Roll Call
B. Announcement of Closed Session
B-1 Review of Council Appointees (Government Code 54957) C. Adjourn to Closed Session
D. Return to Open Session/Disclosure of Action
E. Adjournment
ATTEST:

Pamela M. Farris
Assistant City Clerk
1 Exhibit A

LODI CITY COUNCIL

SHIRTSLEEVE SESSION
CARNEGIE FORUM, 305 WEST PINE STREET
TUESDAY, FEBRUARY 8, 2022
An Informal Informational Meeting ("Shirtsleeve" Session) of the Lodi City Council was held Tuesday, February 8, 2022, commencing at 7:03 a.m.

Present: Council Member Khan, Council Member Kuehne, Council Member Nakanishi, and Mayor Chandler

Absent: Mayor Pro Tempore Hothi
Also Present: City Manager Schwabauer, City Attorney Magdich, and Assistant City Clerk Farris Deputy Parks, Recreation and Cultural Services Director Laura Johnston provided a PowerPoint presentation regarding proposed master fees and charges. Specific topics of discussion included cost recovery pyramid methodology, cost recovery model, comprehensive list of fees and charges, and fees and charges document.

In response to City Manager Schwabauer, Ms. Johnston provided a more thorough explanation of the cost recovery pyramid.

In response to a question by Council Member Nakanishi, City Manager Schwabauer confirmed that the City aims for 40% cost recovery and other communities generally aim for 30% to 40%.

Council Member Nakanishi stated he approves of the changes.

Mayor Chandler stated that he also approves and that small, incremental changes are better than waiting several years to make a large adjustment in fees.

Council Member Kuehne concurred.

None.

No action was taken by the City Council. The meeting was adjourned at 7:19 a.m.

A. Call to Order / Roll Call
B. Topics
B-1 Review Proposed Master Fees and Charges and Provide Council Direction Regarding Its Implementation (PRCS)
C. Comments by Public on No n-Agenda Items
D. Adjournment
ATTEST:

Pamela M. Farris
Assistant City Clerk
1 Exhibit B

LODI CITY COUNCIL

SPECIAL CITY COUNCIL MEETING
CARNEGIE FORUM, 305 WEST PINE STREET
TUESDAY, FEBRUARY 15, 2022
The Special City Council meeting of February 15, 2022, was called to order by Mayor Chandler at 7:00 a.m.

Present: Council Member Khan, Council Member Kuehne, Council Member Nakanishi, Mayor Pro Tempore Hothi, and Mayor Chandler

Absent: None
Also Present: City Manager Schwabauer, City Attorney Magdich, and Assistant City Clerk Farris At 7:01 a.m., Mayor Chandler adjourned the meeting to a Closed Session to discuss the above matters. The Closed Session adjourned at 7:51 a.m.

At 7:51, Mayor Chandler reconvened the City Council meeting at 7:51 a.m.

Item B-1a) was discussion with no reportable action.

There being no further business to come before the City Council, the meeting was adjourned at 7:52 a.m.

Pamela M. Farris
Assistant City Clerk
1 Exhibit C

LODI CITY COUNCIL

SHIRTSLEEVE SESSION
CARNEGIE FORUM, 305 WEST PINE STREET
TUESDAY, FEBRUARY 15, 2022
The February 15, 2022, Informal Informational Meeting ("Shirtsleeve" Session) of the Lodi City Council was canceled.

ATTEST:

Pamela M. Farris
Assistant City Clerk
1 Exhibit D
AGENDA ITEM C-03
APP
ROVED: ________________________________________
Stephen Schwabauer, City Manager

CITY OF LODI

COUNCIL COMMUNICATION

TM
AG
ENDA TITLE: Accept Quarterly Report of Purchases between $10,000 and $20,000 M
EETING DATE: March 2, 2022
P
REPARED BY: Deputy City Manager
RE
COMMENDED ACTION: Accept Quarterly Report of Purchases between $10,000 and $20,000.

BACKGROUND INFORMATION: Lodi Municipal Code Section 2.12.060 (T) requires the City Manager to prepare a quarterly report of contracts not less than $10,000 nor greater than $20,000. This report satisfies that requirement.

A
ttached are reports of purchases awarded during the fourth calendar quarter of 2021. The reports are separated into purchases awarded or made by purchase order, by Cal-Card or by contract. Two newer elements are included in this report. The first shows all Cal-Card purchases during the quarter that were between $10,000 and $20,000. The second shows all contract amendments or change orders to contracts awarded during this quarter. These are changes to Council approved contracts that did not go to Council for approval. With this report, staff is providing Council with the full scope of purchasing activity under LMC Section 2.12.060 (T).

FI
SCAL IMPACT: There is no fiscal impact from the preparation of this report.

FUNDING AVAILABLE: Adequate funding is available in the Fiscal Year 2021/22 budget for the items on this report.
__________
________________________
Andrew Keys
Deputy City Manager

Quarterly Report of Purchases by Purchase Order – 2021, Q4

Purchase Order
No. Contractor Description Funding Source Amount
The following purchases were made in accordance with Lodi Municipal Code Sections 3.20.070 - Bidding, 3.20.075 - Professional/technical services contracts, 3.20.077 – Electronic hardware and software, and 3.20.110 - Open market procedure. 2220140 Trojan Technologies Group ULC UV Disinfection Lamps at WSWPCF Wastewater Utility – 530 Fund 13,417.81 2220145 Keystone Ridge Designs Inc Downtown bench replacements Streets – 301 Fund 11,322.95 2220169 Rockwell Engineering & Equipment Co., Inc. Replacement pump for lodi lake Wastewater Utility – 530 Fund 17,967.69 2220171 Beecher Emission Solution Technologies LLC NO SMOKE direct source diesel exhaust filtration system-new engine 2031
Vehicle & Equip Replacement – 644
(Fire Vehicle Replacement)
11,680.78
2220179 Trojan Technologies Group ULC UV Supplement #2 Wastewater Utility – 530 Fund 14,693.47 2220189 Smith & Loveless, Inc Replace motor for north east lift station Wastewater Utility – 530 Fund 10,829.42 2220195 Cordico Inc Cordico Law Enforcement Wellness App General Fund – 100 Fund 20,000.00 2220219 Ferguson Enterprises Inc Water inventory Water Utility – 560 Fund 10,155.15 2220221 American AVK Company Water inventory Water Utility – 560 Fund 18,588.98

Quarterly Report of Purchases by Cal-Card – 2021, Q4

Merchant / Vendor Description Funding Source Amount
The following purchases were made in accordance with Lodi Municipal Code Sections 3.20.070 – Bidding, 3.20.077 – Electronic hardware and software, and 3.20.110 - Open market procedure.

DELL K-12/GOVT PW Civil Engineers’ Computers
General Fund – 100 Fund,
Wastewater Utility – 530 Fund,
Water Utility – 560 Fund
10,407.58

Quarterly Report of Purchases by Contract – 2021, Q4
Contract
No.

Contractor Description Department Amount
The following purchases were made in accordance with Lodi Municipal Code Sections 3.20.070 - Bidding, 3.20.075 - Professional/technical services contracts.
322083 NBS Administrative Consulting for LMD No. 2003-1 (505) PW - Engineering 14,062.00 322050 Frank Carson Landscape & Maintenance #7530 - Maxicon Maintenance (720) PRCS - Parks 15,000.00 322081 Healthy Outcomes, Inc. Online Budget Simulations (201) I/S - Budget & Treasury 20,000.00

Quarterly Report of Contract Amendments and Change Orders – 2021, Q4

Contract
No
CO# or
Amend#

Contractor

Original Contract

Amendment
Change
Order
Previous
Adds
Revised
Total

Department
Signer
Title
The following purchases were made in accordance with Lodi Municipal Code Sections 3.20.070 - Bidding, 3.20.075 - Professional/technical services contracts.
321023 Company Nurse, LLC 20,000.00 (1,675.60) 18,324.40 Risk

Quarterly Report of Electric Utility Purchases $10,000 and $250,000 – 2021, Q4

AR#274C, 4-hrs permanent, 4-hrs momentary; AutoRanger,
25kA max fault
Electric Utility – 500 Fund 13,668.73
2220182 One Source Distributors LLC Inventory Items Electric Utility – 500 Fund 16,848.23 2220206 One Source Distributors LLC LBU- 2 TUBE 15kv 100A HF 16KA SG ABB 100 AMP DOOR Electric Utility – 500 Fund 13,065.34 2220222 Anixter Inc Inventory Items Electric Utility – 500 Fund 19,531.55 2220226 General Pacific, Inc Meter Form 2s Demand Centron Itron 6490513 (C1SDR3,ERT Equipped CL320,240V Lexan Cover,City of Lodi, CA
sequentially numbered
Electric Utility – 500 Fund 14,062.84
2220136 The Okonite Company 1/0 Str EPR Concentric Cable, 1-C (Per "City of Lodi Bid Specification,Resolution 2013-166,No Friday de
Electric Utility – 500 Fund 128,618.93
2220137 Anixter Inc 1/0 Str EPR Concentric Cable, 1-C (Per "City of Lodi Bid Specification,Resolution 2013-166,No Friday de
Electric Utility – 500 Fund 30,634.75
2220138 Anixter Inc 100A 15KV LOADBREAK CUTOUT (ABB
Y1NCANQA11,Hubbell/Chance C730-114PB
Electric Utility – 500 Fund 63,910.80
2220139 The Okonite Company Inventory Items Electric Utility – 500 Fund 247,303.45 2220142 Anixter Inc 3-PHASE SECTIONALIZING MODULE ENCLOSURE (Hubbell / Trinetics 63688048-501 or Durham 1011963)
Electric Utility – 500 Fund 109,960.35
2220143 Oldcastle Precast Inc Inventory Items Electric Utility – 500 Fund 201,736.88 2220144 General Pacific, Inc Inventory Items Electric Utility – 500 Fund 242,924.63 2220147 General Pacific, Inc Inventory Items Electric Utility – 500 Fund 22,858.33 2220148 Anixter Inc Inventory Items Electric Utility – 500 Fund 51,271.75 2220149 One Source Distributors LLC Inventory Items Electric Utility – 500 Fund 50,653.87 2220152 Anixter Inc 25KVA 120/240 Conventional Pole Mount Transformer Electric Utility – 500 Fund 169,519.50 2220153 Anixter Inc 50 KVA 120/240 Conventional Pole Mount Transformer Electric Utility – 500 Fund 105,413.85 2220154 Anixter Inc 75 KVA 120/240 Conventional Pole Mount Transformer. Electric Utility – 500 Fund 89,739.25 2220160 Anixter Inc Inventory Items Electric Utility – 500 Fund 77,865.59 2220161 General Pacific, Inc Inventory Items Electric Utility – 500 Fund 80,001.71 2220162 Consolidated Elec
Distributors, Inc. (CED) Inventory Items
Electric Utility – 500 Fund 22,780.09
2220168 Oldcastle Precast Inc Inventory Items Electric Utility – 500 Fund 117,467.93 2220172 The Okonite Company 1100 kcmil EPR Concentric (Per "City of Lodi,Bid Specifications)
Electric Utility – 500 Fund 134,760.62
2220174 OMICRON Electronics Corp
USA Asset Data Management Solution
Electric Utility – 500 Fund 60,257.58
2220183 Anixter Inc Inventory Items Electric Utility – 500 Fund 23,439.73 2220185 One Source Distributors LLC 25KVA 120/240 Conventional Pole Mount Transformer Electric Utility – 500 Fund 151,812.51 2220186 One Source Distributors LLC 75 KVA 120/240 Conventional Pole Mount Transformer. Electric Utility – 500 Fund 226,114.49 2220187 One Source Distributors LLC 50 KVA 120/240 Conventional Pole Mount Transformer Electric Utility – 500 Fund 209,155.67 2220191 One Source Distributors LLC 50 KVA 240/120 Pad Mount Transformer Electric Utility – 500 Fund 226,332.24 2220192 Anixter Inc 50 KVA 240/120 Pad Mount Transformer Electric Utility – 500 Fund 217,582.50 2220193 Anixter Inc 75 KVA 240/120 Pad Mount Transformer. Electric Utility – 500 Fund 243,172.80 2220194 One Source Distributors LLC 75 KVA 240/120 Pad Mount Transformer. Electric Utility – 500 Fund 242,958.14 2220196 One Source Distributors LLC 300 kVA, 480y/277V, 3-Ph, FEED-THRU, Pad-Mount Xfmr Electric Utility – 500 Fund 81,984.92 2220197 One Source Distributors LLC 500 kVA, 480y/277V, 3-Ph, FEED-THRU, Pad-Mount Xfmr Electric Utility – 500 Fund 42,674.83 2220198 One Source Distributors LLC 1,500 kVA, 480y/277V, 3-Ph, FEED-THRU, Pad-Mount Xfmr Electric Utility – 500 Fund 186,419.45 2220199 One Source Distributors LLC 750 kVA, 480y/277V, 3-Ph, FEED-THRU, Pad-Mount Xfmr Electric Utility – 500 Fund 101,629.64 2220200 One Source Distributors LLC 750 kVA, 208y/120V, 3-Ph, FEED-THRU, Pad-Mount Xfmr Electric Utility – 500 Fund 37,665.34 2220202 Anixter Inc Inventory Items Electric Utility – 500 Fund 70,628.44

AGENDA ITEM C-04
APPR
OVED: __________________________________
Stephen Schwabauer, City Manager

CITY OF LODI

COUNCIL COMMUNICATION

TM
AG
ENDA TITLE: Accept the Quarterly Investment Report as Required by the City of Lodi Investment Policy
M
EETING DATE: March 2, 2022
P
REPARED BY: Deputy City Manager
RE
COMMENDED ACTION: A ccept the quarterly investment report as required by the City of Lodi Investment Policy.

B
ACKGROUND INFORMATION: Government Code Section 53646 prescribes suggested investment reporting requirements for California public agencies. The City Council adopted Resolution 2018-33 on March 7, 2018, requiring the Treasurer to submit a quarterly investment reporting in accordance with Section 53646. The attached Treasurer’s Report for the quarter ending December 31, 2021 is in compliance with the State’s reporting recommendations and the City of Lodi’s Investment Policy and Internal Control Guidelines.

T
he investment report, investment policy and historical investment reports can be accessed on the City website by following this link: http://www.lodi.gov/196/Finance FI
SCAL IMPACT: N ot applicable.

F
UNDING AVAILABLE: As per attached report.

A ndrew Keys
Treasurer
A
ttachment

CITY OF LODI

SUMMARY OF CASH AND INVESTED FUNDS
FOR THE QUARTER ENDED DECEMBER 31, 2021
TYPE OF INVESTMENT Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio Cash and Equivalents
Farmers & Merchants Bank Main * Due on Demand 4,048,116 4,048,116 2.47% Farmers & Merchants Bank Payroll * Due on Demand 70,681 70,681 0.04% Local Agency Investment Fund Due on Demand 54,351,134 54,351,134 33.22% Farmer's & Merchants Bank Money Market * Due on Demand 5,428,890 5,428,890 3.32% Wells Fargo Bank Money Market * Due on Demand 1,849,198 1,849,198 1.13% Total Demand Deposit Accounts 65,748,019 65,748,019 40.18% Bond Mutual Fund Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio CAL TRUST Medium Term Fund Due on Demand 10,464,224 10,464,224 6.39% Total Bond Mutual Funds 10,464,224 10,464,224 6.39% Local Bank Certificates of Deposit Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio Farmers & Merchants Bank 0.20% 11/7/2023 2,000,000 2,000,000 2,000,000 1.22% Total Local Bank Certificates of Deposit 2,000,000 2,000,000 2,000,000 1.22% Negotiable Certificates of Deposit Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio HORIZON BANK NATION ASSN 2.85% 5/4/2022 250,000 252,238 252,238 0.15% CITI BANK 1.95% 8/23/2022 250,000 252,708 252,708 0.15% CAPITAL ONE BANK USA NA 2.40% 11/22/2022 250,000 254,611 254,611 0.16% CAPITAL ONE NA 2.40% 11/22/2022 250,000 254,611 254,611 0.16% WELLS FARGO BANK NA 2.40% 11/22/2022 250,000 254,614 254,614 0.16% GOLDMAN SACHS BANK USA 2.40% 11/22/2022 250,000 254,611 254,611 0.16% AMERICAN EXPRESS BANK FSB 2.50% 12/5/2022 250,000 255,026 255,026 0.16% SYNCHRONY BANK 2.60% 1/19/2023 250,000 255,849 255,849 0.16% SALLIE MAE BANK/SALT LAKE CITY, UTAH 2.65% 1/24/2023 250,000 256,048 256,048 0.16% STATE BANK OF INDIA 2.70% 2/16/2023 250,000 256,497 256,497 0.16% MEDALLION BANK UTAH 2.90% 4/10/2023 250,000 257,838 257,838 0.16% STIFEL BANK AND TRUST 2.95% 5/15/2023 250,000 258,514 258,514 0.16% CITIBANK NA 3.25% 6/6/2023 250,000 259,889 259,889 0.16% INDUSTRIAL & COM BK CHNA 3.30% 6/30/2023 250,000 260,471 260,471 0.16% COMENITY CAPITAL BANK 3.30% 7/16/2023 250, 000 260,709 260,709 0.16% UBS BANK 3.35% 10/5/2023 250,000 262,150 262,150 0.16% BARCLAYS BANK/DELAWARE 3.35% 10/10/2023 250,000 262,211 262,211 0.16% BANK OF BARODA 3.55% 11/30/2023 250,000 263,909 263,909 0.16% MCHENRY SAVINGS BK IL 2.80% 3/
14/2024 250,000 261,484 261,484 0.16% MORGAN STANLEY BANK 1.95% 11/29/2024 250,000 257,692 257,692 0.16% MORGAN STANLEY PRIVATE BANK 1.90% 11/29/2024 250,000 257,333 257,333 0.16% BMW BANK NORTH AMERICA ** 0.90% 12/10/2024 250,000 250,104 250,104 0.15% FIRST NATL BK OF AMERICA ** 1.25% 12/30/2026 250,000 249,236 249,236 0.15% TEXAS EXCHANGE BANK SSB ** 1.25% 12/30/2026 250,000 249,840 249,840 0.15% BANK HAPOALIM BM NY ** 1.50% 1/7/2027 250,000 250,000 250,000 0.15% Total Negotiable Certificates of Deposit 6,250,000 6,408,191 6,408,191 3.92% Agency Securities Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio FEDERAL HOME LOAN BANK 2.63% 3/11/2022 250,000 250,872 250,872 0.15% FEDERAL HOME LOAN BANK 2.62% 5/27/2022 250,000 252,103 252,103 0.15% FEDERAL FARM CREDIT BANK SYSTEM 1.88% 6/1/2022 250,000 251,555 251,555 0.15% FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.00% 8/26/2022 250,000 252,420 252,420 0.15% FEDERAL HOME LOAN BANK 3.13% 9/9/2022 250,000 254,235 254,235 0.16% FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.38% 1/19/2023 250,000 254,330 254,330 0.16% FEDERAL FARM CREDIT BANK SYSTEM 2.65% 3/8/2023 250,000 256,052 256,052 0.16% FEDERAL FARM CREDIT BANK SYSTEM 2.70% 4/11/2023 250,000 256,584 256,584 0.16% FEDERAL HOME LOAN BANK 2.85% 5/8/2023 250,000 256,691 256,691 0.16% FEDERAL AGRICULTURE MORTGAGE CORPORATION 2.90% 7/24/2023 250,000 257,638 257,638 0.16% FEDERAL NATIONAL MORTGAGE ASSOCIATION ** 1.63% 10/15/2024 500,000 504,374 504,374 0.31% FEDERAL HOME LOAN BANK 2.75% 12/13/2024 500,000 519,709 519,709 0.32% FEDERAL HOME LOAN MORTGAGE CO ** 0.57% 9/24/2025 500,000 481,761 481,761 0.29% FREDDIE MAC 0.60% 10/27/2025 500,000 485,310 485,310 0.30% FEDERAL HOME LOAN BANK 0.90% 12/26/2025 500, 000 487,602 487,602 0.30% FEDERAL HOME LOAN BANK 0.85% 3/30/2026 400,000 389,314 389,314 0.24% FEDERAL HOME LOAN BANK 1.20% 4/28/2026 500,000 492,785 492,785 0.30% FEDERAL HOME LOAN BANK 1.00% 5/26/2026 500,000 489,206 489,206 0.30% FEDERAL HOME LOAN BANK 1.88% 9/
11/2026 400,000 404,546 404,546 0.25% FAMCA ** 1.05% 10/5/2026 500,000 486,921 486,921 0.30%

CITY OF LODI

SUMMARY OF CASH AND INVESTED FUNDS
FOR THE QUARTER ENDED DECEMBER 31, 2021
TYPE OF INVESTMENT Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio Agency Securities Cont'd
FEDERAL HOME LOAN MORTGAGE CO ** 0.80% 10/27/2026 500,000 477,735 477,735 0.29% Total Agency Securities 7,800,000 7,761,742 7,761,742 4.74% US Treasury Notes Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio UNITED STATES TREASURY 1.50% 1/31/2022 250,000 250,117 250,117 0.15% UNITED STATES TREASURY 1.88% 2/28/2022 250,000 250,491 250,491 0.15% UNITED STATES TREASURY 1.88% 3/31/2022 250,000 250,855 250,855 0.15% UNITED STATES TREASURY 1.75% 5/31/2022 250,000 251,329 251,329 0.15% UNITED STATES TREASURY 1.75% 6/30/2022 250,000 251,592 251,592 0.15% UNITED STATES TREASURY 1.88% 7/31/2022 250,000 252,012 252,012 0.15% UNITED STATES TREASURY 1.63% 8/31/2022 250,000 251,807 251,807 0.15% UNITED STATES TREASURY 1.88% 9/30/2022 250,000 252,461 252,461 0.15% UNITED STATES TREASURY 2.00% 10/31/2022 250,000 252,930 252,930 0.15% UNITED STATES TREASURY 2.00% 11/30/2022 250,000 253,125 253,125 0.15% UNITED STATES TREASURY 2.13% 12/31/2022 250,000 253,594 253,594 0.15% UNITED STATES TREASURY 1.50% 2/28/2023 250,000 252,324 252,324 0.15% UNITED STATES TREASURY 1.50% 3/31/2023 250,000 252,314 252,314 0.15% UNITED STATES TREASURY 1.63% 4/30/2023 250,000 252,656 252,656 0.15% UNITED STATES TREASURY 1.63% 5/31/2023 250, 000 252,744 252,744 0.15% UNITED STATES TREASURY 2.63% 6/30/2023 250,000 256,416 256,416 0.16% UNITED STATES TREASURY 1.25% 7/31/2023 250,000 251,357 251,357 0.15% UNITED STATES TREASURY ** 0.25% 6/15/2024 250,000 244,424 244,424 0.15% UNITED STATES TREASURY ** 0.38% 9/
15/2024 250,000 244,180 244,180 0.15% UNITED STATES TREASURY ** 1.00% 12/15/2024 250,000 247,617 247,617 0.15% UNITED STATES TREASURY ** 0.50% 3/31/2025 250,000 243,115 243,115 0.15% UNITED STATES TREASURY ** 0.25% 6/30/2025 250,000 239,990 239,990 0.15% UNITED STATES TREASURY ** 0.25% 9/30/2025 250,000 238,906 238,906 0.15% UNITED STATES TREASURY 0.38% 11/30/2025 350,000 334,893 334,893 0.20% UNITED STATES TREASURY ** 0.38% 12/31/2025 250,000 238,916 238,916 0.15% UNITED STATES TREASURY 0.38% 1/31/2026 350,000 333,854 333,854 0.20% UNITED STATES TREASURY 0.75% 3/31/2026 750,000 724,717 724,717 0.44% UNITED STATES TREASURY 0.75% 5/31/2026 500,000 482,031 482,031 0.29% UNITED STATES TREASURY ** 0.88% 6/30/2026 250,000 242,080 242,080 0.15% UNITED STATES TREASURY ** 0.88% 9/ 30/2026 250,000 241,406 241,406 0.15% UNITED STATES TREASURY ** 1.25% 12/31/2026 250,000 245,293 245,293 0.15% Total US Treasury Notes 8,700,000 8,589,545 8,589,545 5.25% Corporate Securities Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio JOHNSON & JOHNSON 2.25% 3/3/2022 250,000 250,369 250,369 0.15% WELLS FARGO & COMPANY 3.50% 3/8/2022 400,000 401,674 401,674 0.25% TD AMERITRADE HOLDING COMPANY 2.95% 4/1/2022 250,000 250,501 250,501 0.15% ORACLE CORP 2.50% 5/15/2022 100,000 100,308 100,308 0.06% UNITED PARCEL SERVICE 2.35% 5/16/2022 100,000 100,482 100,482 0.06% DEERE & COMPANY 2.60% 6/8/2022 100,000 100,314 100,314 0.06% 3M COMPANY 2.00% 6/26/2022 150,000 150,975 150,975 0.09% TOYOTA MOTOR CREDIT CORPORATION 2.80% 7/13/2022 250,000 252,636 252,636 0.15% PROCTER & GAMBLE COMPANY 2.15% 8/11/2022 250,000 252,359 252,359 0.15% MERCK & CO INC 2.40% 9/15/2022 100,000 100,794 100,794 0.06% JPMORGAN CHASE & CO 3.25% 9/23/2022 100,000 101,756 101,756 0.06% GENERAL ELECTRIC CO 2.70% 10/9/2022 250,000 253,408 253,408 0.15% MICROSOFT CORP 2.65% 11/3/2022 250,000 253,327 253,327 0.15% AUSTRALIA & NEW ZEALAND BANKING GROUP NY 2.63% 11/9/2022 250,000 254,084 254,084 0.16% VISA INC 2.80% 12/14/2022 250, 000 254,230 254,230 0.16% BANK OF NEW YORK MELLON CORP 2.95% 1/29/2023 100,000 102,166 102,166 0.06% WELLS FARGO NATIONAL BANK WEST 1.90% 1/30/2023 250,000 254,118 254,118 0.16% WELLS FARGO & COMPANY 3.45% 2/13/2023 150,000 154,109 154,109 0.09% UNITED HEALTH GROUP INC 2.75% 2/
15/2023 100,000 101,369 101,369 0.06% EXXON MOBIL CORPORATION 2.73% 3/1/2023 250,000 254,276 254,276 0.16% WALMART INC 2.55% 4/11/2023 250,000 254,198 254,198 0.16% APPLE INC 2.40% 5/3/2023 250,000 254,650 254,650 0.16% SOUTHERN CALIFORNIA EDISON 3.40% 6/1/2023 254,000 260,189 260,189 0.16% CHEVRON CORPORATION 3.19% 6/24/2023 250,000 256,691 256,691 0.16% NEW YORK UNIVERSITY 2.72% 7/1/2023 230,000 232,983 232,983 0.14% ORACLE CORP 3.63% 7/15/2023 250,000 258,185 258,185 0.16%

CITY OF LODI

SUMMARY OF CASH AND INVESTED FUNDS
FOR THE QUARTER ENDED DECEMBER 31, 2021
TYPE OF INVESTMENT Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio Corporate Securities Cont'd
IBM CORP 3.38% 8/1/2023 500,000 516,515 516,515 0.32% GILEAD SCIENCES INC 2.50% 9/1/2023 260,000 265,440 265,440 0.16% PROV ST JOSEPH HEALTH OBL 4.38% 10/1/2023 315,000 330,660 330,660 0.20% PRES & FELLOWS OF HARVAR 2.60% 10/1/2023 300,000 305,759 305,759 0.19% TOYOTA MOTOR CREDIT CORP 2.25% 10/18/2023 250,000 254,435 254,435 0.16% NATIONAL RURAL UTIL COOP 3.40% 11/15/2023 300,000 310,582 310,582 0.19% ALABAMA POWER CO 3.55% 12/1/2023 250,000 260,324 260,324 0.16% TOYOTA MOTOR CREDIT CORP 3.35% 1/8/2024 400,000 416,481 416,481 0.25% JOHN DEERE CAPITAL CORP 3.45% 1/10/2024 250,000 260,882 260,882 0.16% BP CAP MARKETS AMERICA 3.79% 2/6/2024 500,000 523,076 523,076 0.32% 3M COMPANY 3.25% 2/14/2024 300,000 312,303 312,303 0.19% BOEING CO 2.80% 3/1/2024 250,000 255,338 255,338 0.16% DETROIT EDISON CO 3.65% 3/15/2024 300,000 311,921 311,921 0.19% BANK OF AMERICA CORP 4.00% 4/1/2024 250,000 263,890 263,890 0.16% HORMEL FOODS CORP ** 0.65% 6/3/2024 500,000 495,085 495,085 0.30% CA
TERILLAR FINANCIAL SERVICE 3.30% 6/9/2024 500,000 523,398 523,398 0.32% AMERICAN HONDA FINANCE 0.55% 7/12/2024 400,000 389,929 389,929 0.24% WALT DISNEY COMPANY 1.75% 8/30/2024 500,000 503,407 503,407 0.31% WELLS FARGO & COMPANY 3.30% 9/9/2024 750,000 781,611 781,611 0.48% AMERICAN HONDA FINANCE 2.
15% 9/10/2024 500,000 507,859 507,859 0.31% SHELL INTERNATIONAL FIN 2.00% 11/7/2024 500,000 507,853 507,853 0.31% CATERILLAR FINANCIAL SERVICE 3.25% 12/1/2024 500,000 524,711 524,711 0.32% TOYOTA MOTOR CREDIT CORP 1.80% 2/13/2025 300,000 300,828 300,828 0.18% WESTPAC BANKING CORP 2.35% 2/19/2025 500,000 509,448 509,448 0.31% AMAZON.COM INC ** 0.80% 6/3/2025 500,000 485,605 485,605 0.30% APPLE INC 0.55% 8/20/2025 500,000 480,856 480,856 0.29% JOHNSON & JOHNSON 0.55% 9/1/2025 950,000 915,466 915,466 0.56% NATIONAL RURAL UTIL COOP 1.00% 9/15/2025 500,000 483,570 483,570 0.30% TOYOTA MOTOR CREDIT CORP 0.80% 10/16/2025 500,000 481,959 481,959 0.29% TOYOTA MOTOR CREDIT CORP 0.80% 1/9/2026 500,000 480,155 480,155 0.29% APPLE INC 0.70% 2/8/2026 500,000 480,755 480,755 0.29% PUBLIC STORAGE 0.88% 2/15/2026 300,000 288,050 288,050 0.18% MERCK & CO INC 0.75% 2/24/2026 400,000 385,638 385,638 0.24% JP MORGAN CHASE BANK 1.00% 3/26/2026 250,000 250,442 250,442 0.15% BMO HARRIS BANK NA 1.00% 4/13/2026 250,000 248,069 248,069 0.15% AMAZON.COM INC 1.00% 5/12/2026 500,000 486,110 486,110 0.30% CHARLES SCHWAB CORP 1.15% 5/13/2026 500,000 485,304 485,304 0.30% BANK OF AMERICA CORP 1.25% 5/28/2026 500,000 472,183 472,183 0.29% BANK OF AMERICA CORP 1.20% 6/
25/2026 500,000 465,228 465,228 0.28% TOYOTA FINANCIAL SGS BK 0.95% 7/29/2026 250,000 246,803 246,803 0.15% BANK OF AMERICA CORP 1.15% 9/10/2026 250,000 241,092 241,092 0.15% TEXAS INSTRUMENTS INC ** 1.13% 9/15/2026 400,000 392,384 392,384 0.24% JPMORGAN CHASE & CO 2.95% 10/1/2026 500,000 518,112 518,112 0.32% Total Corporate Securities 23,309,000 23,379,664 23,379,664 14.29% Municipal Securities Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio ROSEVILLE FINANCE AUTHORITY - ELECTRIC SYSTEM 2.41% 2/1/2022 250,000 250,393 250,393 0.15% POMONA REDEV AGY-REF 3.55% 2/1/2022 275,000 275,594 275,594 0.17% CA ST-TXBL 6.65% 3/1/2022 320,000 323,264 323,264 0.20% STATE OF MARYLAND 2.65% 3/15/2022 300,000 301,435 301,435 0.18% CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 2.46% 4/1/2022 250,000 251,141 251,141 0.15% CALIFORNIA ST-A-TXBL 2.37% 4/1/2022 500,000 502,723 502,723 0.31% SACRAMENTO CA PUBLIC 3.79% 4/1/2022 175,000 176,341 176,341 0.11% CALIFORNIA STATE DEPT OF WATER RESOURCES 2.00% 5/1/2022 300,000 301,577 301,577 0.18% UNIV OF CALIFORNIA-BC 2.61% 5/15/2022 250,000 252,186 252,186 0.15% FAIRFIELD-REF-TXBL 3.25% 6/1/2022 150,000 151,664 151,664 0.09% TULARE COUNTY CA PENSION OBLIGATION 3.20% 6/1/2022 250,000 252,999 252,999 0.15% ARKANSAS ST AMENDMENT 82 2.84% 7/1/2022 100,000 101,235 101,235 0.06% ADELANTO PUBLIC UTILITIES 3.50% 7/1/2022 240,000 243,341 243,341 0.15% ORANGE COUNTY CA WATER DIST 1.83% 8/15/2022 125,000 126,042 126,042 0.08% OCEANSIDE CA PENSION OBLIGATION 3.84% 8/15/2022 200, 000 203,991 203,991 0.12% VISTA CA REDEVELOPMENT 3.00% 9/1/2022 120,000 121,741 121,741 0.07% SAN BERNARDINO COUNTY REDEVELOPMENT 3.25% 9/1/2022 160,000 162,743 162,743 0.10% SAN LEANDRO CA REDEVELOPMENT AGENCY 3.21% 9/1/2022 260,000 264,285 264,285 0.16%

CITY OF LODI

SUMMARY OF CASH AND INVESTED FUNDS
FOR THE QUARTER ENDED DECEMBER 31, 2021
TYPE OF INVESTMENT Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio Municipal Securities Cont'd
TX PUB FIN AUTH-A-REF ** 3.08% 10/1/2022 300,000 299,866 299,866 0.18% SAN FRANCISCO CITY & COUNTY CA 2.40% 11/1/2022 445,000 452,100 452,100 0.28% CALIFORNIA DEPARTMENT OF WATER RESOURCES 2.52% 12/1/2022 75,000 76,357 76,357 0.05% CARSON CA REDEVELOPMENT 3.00% 2/1/2023 80,000 81,880 81,880 0.05% CALIFORNIA HOUSING FINANCE AGENCY 2.88% 2/1/2023 450,000 458,707 458,707 0.28% GEORGIA ST GENERAL OBLIGATION 2.23% 2/1/2023 310,000 315,643 315,643 0.19% FRESNO FING-B REF 3.18% 4/1/2023 285,000 292,797 292,797 0.18% OHIO ST THIRD FRONTIER RESEARCH 2.11% 5/1/2023 250,000 254,684 254,684 0.16% RIVERSIDE CA PENSION OBLIGATION 2.63% 6/1/2023 250,000 255,818 255,818 0.16% SAN DIEGO TOBACCO SETTLEMENT 3.44% 6/1/2023 500,000 517,358 517,358 0.32% INDUSTRY-REF-TXBL 3.00% 7/1/2023 500,000 500,784 500,784 0.31% SOLANO COMMUNITY COLLEGE DT 2.06% 8/1/2023 145,000 148,128 148,128 0.09% CALIFORNIA VARIOUS PURPOSE 3.50% 8/1/2023 305,000 317,651 317,651 0.19% VISTA REDEV AGENCY-TXBL 3.00% 9/1/2023 290,000 298,133 298,133 0.18% CENTRAL CONTRA COSTA SANITATION DISTRICT 3.12% 9/1/2023 415,000 430,934 430,934 0.26% C
ALIFORNIA STATE MUNI TAX 2.25% 10/1/2023 250,000 256,247 256,247 0.16% TX PUB FIN AUTH-A-REF ** 5.08% 10/1/2023 300,000 298,787 298,787 0.18% NATIONAL SECS CLEARING ** 4.00% 12/7/2023 500,000 492,609 492,609 0.30% OAKLAND PENSION-TXBL 4.35% 12/15/2023 400,000 426,354 426,354 0.26% RIVERSIDE CA UNIFIED SCHOOL DIST 1.
98% 2/1/2024 400,000 408,738 408,738 0.25% NATIONAL RURAL UTIL COOP ** 3.50% 2/8/2024 300,000 294,046 294,046 0.18% CALIFORNIA ST-TXBL-B 3.00% 4/1/2024 200,000 209,523 209,523 0.13% CORTE MADERA-TXBL-REF 2.75% 5/1/2024 150,000 154,957 154,957 0.09% TULARE COUNTY BRD ED-TXBL 2.31% 5/1/2024 235,000 240,362 240,362 0.15% UNIV OF CALIFORNIA-BF ** 0.83% 5/15/2024 120,000 119,610 119,610 0.07% CHAFFEY COMMUNITY COLLEGE DT 1.72% 6/1/2024 480,000 487,556 487,556 0.30% ORANGE -TXBL -REF ** 5.87% 6/1/2024 400,000 394,332 394,332 0.24% RIVERSIDE CO PUB FIN 1.92% 7/1/2024 300,000 304,664 304,664 0.19% LOMPOC VALLEY MED-TXBL 2.07% 7/1/2024 110,000 112,124 112,124 0.07% SAN FRANCISCO CITY 3.76% 8/1/2024 250,000 266,620 266,620 0.16% TAMALPAIS UN HSD-TXBL 2.02% 8/1/2024 150,000 153,950 153,950 0.09% TENNESSEE-C-REF-TXBL 1.97% 8/1/2024 170,000 174,678 174,678 0.11% CONTRA COSTA CA COMNTY 1.77% 8/1/2024 250,000 254,952 254,952 0.16% MINNESOTA ST-C-TXBL 3.00% 8/1/2024 215,000 225,719 225,719 0.14% SOLANO COMMUNITY COLLEGE DT 2.16% 8/1/2024 300,000 308,687 308,687 0.19% SAN FRANCISCO REDEV-C 3.13% 8/1/2024 500,000 522,088 522,088 0.32% MT SAN ANTONIO CCD 1.94% 8/1/2024 400,000 410,123 410,123 0.25% MD ST-B 0.46% 8/1/2024 300,000 295,494 295,494 0.18% ORANGE COUNTY CA WATER DIST 1.94% 8/
15/2024 200,000 204,082 204,082 0.12% W SACRAMENTO AREA 2.07% 9/1/2024 150,000 153,170 153,170 0.09% ESCONDIDO JT POWERS 2.19% 9/1/2024 380,000 390,347 390,347 0.24% HAWAII ST-GB ** 0.80% 10/1/2024 125,000 124,064 124,064 0.08% CARMICHAEL WATER DIST 2.17% 11/1/2024 1,295,000 1,332,891 1,332,891 0.81% INDIO PUB FIN-B-TXBL 3.35% 11/1/2024 180,000 187,356 187,356 0.11% VENTURA COUNTY CA PUBLIC 1.22% 11/1/2024 100,000 100,153 100,153 0.06% SEMITROPIC IMP DIST-A 2.36% 12/1/2024 140,000 144,495 144,495 0.09% CON EDISON CO OF NY INC 3.30% 12/1/2024 310,000 322,626 322,626 0.20% CARSON -TXBL-REV ** 1.88% 1/15/2025 505,000 510,273 510,273 0.31% SAN RAMON REDEV AGY 4.00% 2/1/2025 140,000 150,181 150,181 0.09% CALIFORNIA-TXBL 3.38% 4/1/2025 315,000 337,985 337,985 0.21% STANISLAUS CONSOL FIR ** 1.25% 4/1/2025 235,000 234,048 234,048 0.14% SAN DIEGO CNTY CA REG 2.09% 4/1/2025 350,000 360,064 360,064 0.22% YALE UNIVERSITY ** 0.87% 4/15/2025 1,075,000 1,061,991 1,061,991 0.65% MONTEREY PK TXBL 0.89% 6/1/2025 400,000 391,954 391,954 0.24% GOLDEN ST TOBACCO -B ** 1.40% 6/1/2025 300,000 298,534 298,534 0.18% LAKEPORT-REV-TXBL ** 1.18% 6/1/2025 155,000 153,881 153,881 0.09% ANAHEIM PUBLIC FIN 0.94% 7/1/2025 250,000 245,040 245,040 0.15% UNIV CA-AX-TXBL 3.06% 7/1/2025 1,150,000 1,222,853 1,222,853 0.75% SAN RAMON-TXBL ** 1.20% 7/1/2025 500,000 497,250 497,250 0.30% FOOTHILL DE ANZA-B 0.91% 8/1/2025 500,000 494,598 494,598 0.30% SANTA ROSA ELEM SD 1.01% 8/1/2025 500,000 493,522 493,522 0.30% W CONTRA COSTA SD-B 0.94% 8/1/2025 505,000 497,837 497,837 0.30% CASTRO VLY UNIF SCH 1.20% 8/1/2025 500,000 495,216 495,216 0.30% OAK GROVE SD -REF 0.87% 8/1/2025 240,000 235,507 235,507 0.14%

IRS Section 115 Retirement Benefit Trust Funds Market Value Public Agency Retirement Services - Pension Stabilization Fund Balanced Strategy Mutual Fund 21,245,657$
Total Pension Stabilization Fund 21,245,657$
CalPERS - California Employer's Retiree Benefit Trust (CERBT) CERBT Strategy 2 2,486,210$
Total CERBT 2,486,210$
Total Section 115 Retirement Benefit Trust Funds 23,731,867$ Restricted Cash Accounts Market Value
PCE/TCE Central Plume Remediation Fund
Farmers & Merchants Bank Money Market 586,432$
Total PCE/TCE Central Plume Account 586,432$
Total Restriction Cash Accounts 586,432$
AGENDA ITEM C-05
APPR
OVED: ___________________________________________
Stephen Schwabauer, City Manager

CITY OF LODI

COUNCIL COMMUNICATION

TM
AG
ENDA TITLE: Adopt Resolution Authorizing Purchase of Focus Laser Scanner and Scene Software Subscription from ZNET Tech LLC of Hacienda Heights, CA ($49,396) M
EETING DATE: March 2, 2022
P
REPARED BY: Chief of Police
RE
COMMENDED ACTION: Adopt resolution authorizing purchase of FARO Focus Laser Scanner and Scene software subscription from ZNET Tech LLC of Hacienda Heights, CA, in the amount of $49,396.

B
ACKGROUND INFORMATION: The Lodi Police Department investigates crime and vehicle accident scenes on a regular basis. Investigators and officers collect and document evidence and are under pressure to capture complete, accurate views of crime scenes to investigate and/or reconstruct. 3D reality capture technology is becoming an industry standard to record entire crime scenes and accident locations with one piece of equipment. FARO, 3D camera equipment paired with software makes it easy to 3D map a crime or traffic scene, gather the data we need, visualize it for thorough analysis and present it with the “CSI effect” that the courts expect.

C
rash reconstruction is essentially reverse-engineering the elements of a scene to determine the cause of a crash. That includes the physical science and forensics behind the incident. In high-traffic, high- volume locations quickly collecting and cataloging the scene is critical to safety, preventing evidence loss and mitigating community headaches of closed roadways.

FARO’s Focus Laser Scanner reconstructs crashes with accuracy. The technology gathers the evidence quickly and efficiently by creating 3D point clouds of on-scene information that can be uploaded immediately in FARO’s Scene software and shared among various team members in the investigative process.

Cr
ime scene reconstruction works the same way with the same equipment. Everything must be carefully documented from blood or impact spatter to bullet defects. When the crime scene is in the hands of the Lodi Police Department, it’s critical to the department to capture and process crime scene evidence as completely as possible. FARO’s 3D scanning and reality capture provides the thorough, data-driven documentation that investigators need when analyzing a crime site. By storing the information digitally, forensic investigators can review the minutest details and return to the virtual scene of the crime again and again to evaluate the evidence.

I
n addition to crime or accident scene construction, the equipment and software can be used for safety planning. The department can work with Lodi schools or businesses to produce site layouts leading to faster response time if the unfortunate happens. Traditionally, blueprints and photography are the principal tools for developing site-specific safety plans and documentation for emergency responders.

Adopt Resolution Authorizing Purchase of Focus Laser Scanner and Scene Software Subscription from ZNET Tech LLC of Hacienda Heights, CA ($49,396)
March 2, 2022

Page 2 ends

FARO’s 3D scanning means less reliance on methods that may not conform to the structure’s as-built conditions. It’s the best way to provide emergency personnel with the information they need to act quickly, save lives and reduce property damage.

The FARO will allow the Lodi Police Department to m reconstruct crash and crime scenes more accurately and produce them in 3D. Not only will it help in the investigation, arrest, and prosecution process, but this will also save the department time; by getting complete scene reconstruction in minutes and money; by not having as much regular/overtime costs on the initial investigation. FARO is the sole manufacturer of the Focus Laser Scanners and FARO Scene software. FARO designs, develops, manufactures, markets and supports the technology that permits high-precision 3D measurement, imaging, and comparison of parts and compound structures.

Fiscal Impact: Funding for this purchase is budgeted in the 2021/22 fiscal year.

Funding Available: $49,396 Safety Equipment (10032000.72306 - Expense)

_______________________________________
Andrew Keys
Deputy City Manager/Internal Services Director

_______________________________________
Sierra Brucia
Chief of Police

SCENE
The Most Intuitive and Efficient Software for Scan Data Processing and Registration www.faro.com
Explore Scan Data in 2D, 3D and Virtual Reality (VR)
Explore scan data in unmatched clarity and visual quality due to solid surface rendering and HDR colorization. Visualization of data in 2D, 3D and VR gives an immersive experience in viewing project point clouds in full detail in the 3D Virtual Reality.

Efficient Data Processing
Various tools for scan data filtering improve the cleanliness and color balancing of each scan data set. The automatic filter for moving objects significantly reduces the need for manual cleaning. Batch-Processing allows automated marker detection, scan optimization and scan registration with minimized effort.

Easy Data Registration
SCENE features professional and automatic workflows for target based and targetless (Cloud2Cloud) scan registration. The powerful on-site registration functionality allows complete scan project processing and registration directly on the measurement site in real time.

Intuitive Data Organization
SCENE features a very intuitive and easy to learn user interface. Features such as hierarchical data structure or project history management allow efficient handling of large projects. A seamless integration of scan data is secured through the support of various import and export formats.

Plug-Ins and Apps for Extended Functionality
Extend the SCENE functionality with various plug-ins and apps to obtain added value for special workflows and applications.

Tools for Managing High-Quality 3D Data for Informed Project Decisions FARO® SCENE software is specifically designed for all FARO scanning solutions and third-party laser scanners. Process and manage scan data efficiently and easily by using real time, on-site registration, automatic object recognition, scan registration, and positioning.

Generate high-quality data in full color quickly and conveniently by incorporating images from automated targetless and target-based scan positioning.

Users can begin the evaluation and processing immediately by performing simple measurements, creating stunning 3D visualizations or exporting to various point cloud and CAD formats once SCENE has prepared the scan data. In addition, SCENE features an impressive Virtual Reality (VR) View, allowing users to experience and evaluate captured data in the VR environment.

Benefits
• Minimize project costs by utilizing automated data processing/ registration workflows, fast / versatile scan data export, and a simplified software user interface
• Recreate project results using advanced workflow driven validation tools
• Intuitive and easy to understand reality representation providing immersive viewing capabilities to explore and evaluate scan data • Leave the project site with confidence through the power of real time, on-site registration and the ability to retake photos • Use the unique FARO Laser-HDRTM function to create images in HDR quality from normal scanner photos
• Share and collaborate worldwide anytime, anywhere with SCENE WebShare Cloud – a hosted web-based service from FARO for easy and secure sharing of scan project data

FARO Global Headquarters
250 Technology Park, Lake Mary, FL 32746, USA
US: 800 736 0234 MX: +52 81 4170 3542
BR: 11 3500 4600 / 0800 892 1192
[email protected]
FARO Europe Regional Headquarters
Lingwiesenstr. 11/2
70825 Korntal-Münchingen, Germany
00 800 3276 7253
[email protected]
FARO Asia Regional Headquarters
No. 3 Changi South Street 2, #01-01 Xilin
Districentre Building B Singapore, 486548
+65 65111350
[email protected]
Local offices in over 25 countries around the world. Go to www.faro.com to learn more. © 2020 FARO | FARO is a registered trademark of FARO Technologies, Inc. in the United States and other countries. © 2020 FARO | FARO is a registered trademark of FARO Technologies, Inc. in the United States and other countries. SFDC_04MKT_0506 Revised: 10/21/2020 Key Features
Processing Scan Data
• Automatic search for artificial (spheres, checkerboards, coded markers) or natural references (corner points, planes etc.) • Diverse registration methods to place the scans automatically by detected targets, cloud-to-cloud or top view based
• Improved registration results through intelligent fine registration and additive verification
• Combined target based registration: Automatic marker detection in both Freestyle and Focus scans during data processing • Automatic coloring of the scans with the high-resolution color photographs or Laser-HDR color option
• Filters (including “dark points”, and “stray points”), optional Edge Artifact filter for additional noise reduction
• Supports creation of fully textured meshes that can be brought into other applications as color, 3D models
• On-site compensation: verification and adjustment of the scanner’s compensation, available for the new FocusS devices • On-site registration: processing and registration of scans during scanning on site, function applies only to FARO FocusS Series Laser Scanners
• Moving Objects Filter automatically removes unwanted objects from registered scan data that moved through a scene while it was being scanned, such as people or vehicles
• Fast and versatile exporting of scan data as a project, cluster, single scan, or sections of scans into Autodesk® RCP/RCS point cloud format
Data Management of Extensive Projects
• Project database with project history
• Graphical project view to manage all existing scan projects • Bundling of an unlimited number of scans to one project • Printable registration reports (PDF)
Data Sharing
• Fully integrates with the SCENE WebShare Cloud service • Utilize the SCENE 2go App from a USB flash drive to share projects with clients for data exploration
Navigation
• 3D navigation supports 3Dconnexion Space Mouse devices • Intuitive navigation in 3D with predefined or customized viewpoints • 3D navigation via an overview map live in the Virtual Reality environment
Import & Export
• Optimized to work with FARO Focus, Freestyle and Swift data • Control points for geo-referencing (.cor, .csv)
• Scan points (FARO Scan, FARO Cloud, ASTM E57, .txt, .xyz, .xyb, .pts, .ptx, .ptz, .pod)
• Import digital photos (.jpg, .png, .bmp, .tif)
• Export panoramic images (.jpg), export orthophotos (.tiff, .png, .jpg, .bmp and .dxf)
• Export meshes in standard formats (.stl, .obj, .ply and .wrl (VRML) Project Exploration
• Project Point Cloud for efficient navigation in 3D data • Object fitting with visual quality indicators for spheres/tubes/ planes (including automatic border detection)
• The ability to take measurements
• Documentation objects to add notes and attach external documents via hyperlink technology
• Extended capabilities using FARO or 3rd party apps
Views
• Closed 3D surfaces rendering with full-color detail
• 3D View, Planar View & Quick View
• Virtual Reality View with exploration tools, such as
measurements, annotations, screenshots, CAD visualization • Stereoscopic visualization with suitable graphics board and 3D capable device
• Correspondence view to control scan placement on the screen • Multiple clipping boxes to control the visible parts of point clouds in 3D View
• Translate and rotate meshes easily with Mesh Manipulators • Overview Map includes colorization of foreground, background and scan points with window dialog to modify its property Technical Requirements (Recommended)
Hardware Quad-core X64, Intel Core i7/i9/Xeon, 8 physical cores, 64 GB RAM , OpenGL 4.1 or higher, 1 TB Solid State Drive + Regular HDD, screen resolution 1920 x 1080 px Graphics Card
Dedicated graphics card, OpenGL 4.1 or higher, at least 8 GB Memory; For Stereo Rendering and Viewing:

NVIDIA Quadro; For VR Rendering and Viewing: NVIDIA 1080GTX or similar, SteamVR must be installed Supported VR 3D Headsets: Oculus Rift S or HTC Vive with Touch Controllers, StreamVR Operating System 64-bit Windows® 10
Accessories 3D Connexion Space Mouse with latest drivers (settings described in the User Manual), Network card is required for licensing SCENE
For on-site registration (with scan resolution of 1/5, Quality 3, colorization and ~ 40 scans in a row) the following system specifications are sufficient: Processor: I7 8665U, Graphics: Intel UHD 620 Graphics, RAM: 16GB, Hard drive: SSD 500GB, Screen: 12” Full HD anti glare, OS: Windows® 10 Pro 64 Bit RESOLUTION NO. 2022-____

A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE

PURCHASE OF FARO FOCUS LASER SCANNER AND SCENE SOFTWARE

SUBSCRIPTION FROM ZNET TECH, LLC, OF HACIENDA HEIGHTS,
UTILIZING CMAS CONTRACT NO. 47QTCA18D003S/GS-35F-135HA
========================================================================

WHEREAS, the Lodi Police Department investigates crime and vehicle accident scenes on a regular basis, and investigators and officers collect and document evidence and are under pressure to capture complete, accurate views of crime scenes to investigate and/or reconstruct ; and

WHEREAS, FARO 3D camera equipment paired with software assists investigators and officers to 3D map crime or traffic scenes, gather the data needed, visualize it for t horough analysis, and present it; and

WHEREAS, staff recommends the purchase of a FARO Focus Laser Scanner and Scene software subscription from ZNET Tech, LLC, of Hacienda Heights, in the amount of $49,396, utilizing CMAS Contract No. 47QTCA18D003S/GS-35F-135HA.

NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby authorize the purchase of a FARO Focus Laser Scanner and Scene software s ubscription from ZNET Tech, LLC, of Hacienda Heights, California, in the amount of $49,396, utilizing CMAS Contract No. 47QTCA18D003S/GS-35F-135HA; and

BE IT FURTHER RESOLVED, pursuant to Section 6.3q of the City Council Protocol Manual (Res. No. 2019-223), the City Attorney is hereby authorized to make minor revisions to the above- referenced document(s) that do not alter the compensation or term, and to make clerical corrections as necessary.

Date: March 2, 2022
========================================================================

I hereby certify that Resolution No. 2022-____ was passed and adopted by the Lodi City Council in a regular meeting held March 2, 2022, by the following vote:

AYES: COUNCIL MEMBERS –

NOES: COUNCIL MEMBERS –

ABSENT: COUNCIL MEMBERS –

ABSTAIN: COUNCIL MEMBERS –

PAMELA M. FARRIS
Assistant City Clerk

2022-____
AGENDA ITEM C-06
APPROVED: _________________________________
Stephen Schwabauer, City Manager
\\pwadc02\msc$\GROUP\ADMIN\Council\2022\03022022\Econolite\CC_Econolite_AR.doc 2/16/2022

CITY OF LODI

COUNCIL COMMUNICATION
TM
AGENDA TITLE: Adopt Resolution Authorizing City Manager to Waive Bid Process and Purchase Traffic Control Equipment, from Econolite Systems, Inc., of Anaheim ($75,050) MEETING DATE: March 2, 2022
PREPARED BY: Public Works Director
RECOMMENDED ACTION: Adopt resolution authorizing City Manager to waive bid process and purchase traffic control equipment, from Econolite Systems, Inc., of Anaheim, in the amount of $75,050.

BACKGROUND INFORMATION: The Public Works Department oversees the operation and maintenance of over 50 traffic signals throughout the City. Each traffic signal requires a traffic control cabinet, which houses all the components necessary to safely operate a signalized traffic intersection. Periodically, traffic control cabinets require replacement due to age or damage. Maintaining an adequate inventory is critical, as typical signal components and other components like vehicle sensing devices have a minimum 16-week lead time to be fabricated and delivered.

Recently, purchasing and maintaining an inventory of replacement equipment has become extremely d
ifficult. In order to maintain adequate inventory for addressing traffic signal component failures or damage in a timely manner, staff is requesting the purchase of one fully equipped traffic cab inet, nine vision video sensors and one vision communication manager.

P
er Lodi Municipal Code Section 3.20.070, bidding shall be dispensed with when the commodity can be obt
ained from only one vendor due to the need for branded replacement parts or supplies for equipment of like brand. Econolite Systems, Inc. is the sole proprietor of the City standard traffic control cabinet and associated equipment
(Exhibit A).

Staff recommends authorizing City Manag er t o waive bid process and purchase of traffic control equipment, from Econolite Systems, Inc., of Anaheim, in the amount of $75,050.

FISCAL IMPACT: If the traffic control equipment is not properly maintained, the intersection may not operate appropriately. This purchase does not impact the General Fund.

FUNDING AVAILABLE: Funds are budgeted for this project in Measure K Maintenance Capital (30399000.77020) for Fiscal Year 2021/22.
______________________________________
Andrew Keys
Deputy City Manager/Internal Services Director
_______________________________
C
harles E. Swimley, Jr.

Public Works Director
Prepared by Andrew Richle, Utilities Superintendent
CES/AR/trw
Attachments
cc: Senior Traffic Engineer, Dorothy Kam

October 10th , 2019

City of Lodi
221 West Pine Street
Lodi, CA 95241

Re: Econolite Products

To Whom It May Concern:

Please accept this letter as notification that Econolite, located at 1250 N. Tustin Avenue Anaheim, CA 92807, is the sole source for all manufacturing, sales and repair services for the Econolite and Safetran Controller Cabinets, Cobalt Controllers (Shelf and Rack Mount), Safetran 2070 Controllers (E and D Models) and Econolite Traffic Signal (Aluminum & Poly Carbonate) line of products in the State of California. Please feel free to contact me directly should you need further information in regards to this matter.

Sincerely

Ernie Bolte – Territory Manager
Econolite
1810 Oakland Road - Suite E
San Jose, CA 95131.

RESOLUTION NO. 2022-___

A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE

CITY MANAGER TO WAIVE THE BID PROCESS AND PURCHASE TRAFFIC

CONTROL EQUIPMENT FROM SOLE-SOURCE VENDOR
ECONOLITE SYSTEMS, INC., OF ANAHEIM
========================================================================

WHEREAS, the Public Works Department oversees the operation and maintenance of over 50 traffic signals throughout the City; and

WHEREAS, maintaining the proper inventory of traffic control equipment is a critical priority of the Streets Division; and

WHEREAS, video detection equipment installed in 2013 is now obsolete, requiring replacement; and

WHEREAS, per Lodi Municipal Code § 3.20.070, the bidding process may be dispensed when the commodity can be obtained from only one vendor, due to the need for branded replacement parts or supplies for equipment of like brand; and

WHEREAS, staff recommends authorizing the purchase of traffic control equipment , from sole-source vendor Econolite Systems, Inc., of Anaheim, in the amount of $75,050.

NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to waive the bid process and purchase three traffic control cabinets with controllers, from sole-source vendor Econolite Systems, Inc., of Anaheim, California, in the amount of $75,050; and

Dated: March 2, 2022
======================================================================== I hereby certify that Resolution No. 2022-_____ was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 2, 2022, by the following vote:

AYES: COUNCIL MEMBERS –

NOES: COUNCIL MEMBERS –

ABSENT: COUNCIL MEMBERS –

ABSTAIN: COUNCIL MEMBERS –

PAMELA M. FARRIS
Assistant City Clerk

2022-______
AGENDA ITEM C-07
APPR
OVED: _________________________________
Stephen Schwabauer, City Manager
K:\WP\PROJECTS\STREETS\2021 Pavement Resurfacing\CSA.doc 2/14/2022

CITY OF LODI

COUNCIL COMMUNICATION
TM
AG
ENDA TITLE: Approve Specifications and Authorize Advertisement for Bids for 2021/2022 Pavement Resurfacing Project
M
EETING DATE: March 2, 2022
P
REPARED BY: Public Works Director
RE
COMMENDED ACTION: Approve specifications and authorize advertisement for bids for 2021/2022 Pavement Resurfacing Project.

B
ACKGROUND INFORMATION: On May 19, 2021 Council adopted a resolution approving this project as the recipient of the Road Repair and Accountability Act of 2017, Senate Bill 1 (SB1) funding for the 2021/2022 Fiscal Year.

T
his pavement resurfacing includes the application of rubberized asphalt cape seal and fiberized slurry seal. The project limits will include various streets throughout the City, as shown on Exhibit A.

T
he rubberized asphalt cape seal is a two-layer system of a rubberized chip seal on the bottom, with a fiberized slurry seal (slurry seal with strands of glass fiber added) on top. The rubberized cape seal will be applied to streets with more surface defects, while only one layer of fiberized slurry seal will be applied to those streets with fewer surface defects.

T
he specifications are on file in the Public Works Department. The planned bid opening date is March 30, 2022. The contract estimate is $1,330,000.

F
ISCAL IMPACT: By investing in the recommended maintenance project, significant capital dollars will be saved by extending the useful life of the pavement and foregoing more costly pavement reconstruction.

F
UNDING AVAILABLE: Funding will be identified at project award. The project funding will come from SB1.
_____________________________

Charles E. Swimley, Jr.

Public Works Director
Prepared by Alice Bernardino, Associate Civil Engineer
CES/AB/cd
Attachment
c
c: Utility Manager

Hutchins St.

Kettleman
Ln.

M
ills Av.

Century Blvd.

Church
St.

Vine St.

Pine St.

Harney Ln.

Lodi Av.Stockton St
.

Cherokee Ln.

Ham
Ln.
0 0.25 0.50.125
Miles
Cape
Slurry
2021/22 Pavement Resurfacing
Project Locations
AGENDA ITEM C-08
APPR
OVED: _______________________________________
Stephen Schwabauer, City Manager
\\cvcfilv02\pubwks$\WP\PROJECTS\STORMDRN\Stormwater Trash Collection - Phase 3 (2022)\CPSA-Award.doc 2/16/2022

CITY OF LODI

COUNCIL COMMUNICATION
TM
AGENDA TITLE: Approve Plans and Specifications and Authorize Advertisement for Bids for Stormwater Trash Collection Project – Phase 3 (2022) and Adopt Resolution Authorizing City Manager to Award Contract to Lowest Responsive Bidder ($400,000) and Execute Change Orders ($40,000)
MEETING DATE: March 2, 2022
PREPARED BY: Public Works Director
RECOMMENDED ACTION: Approve plans and specifications and authorize advertisement for bids for Stormwater Trash Collection Project – Phase 3 (2022) and adopt resolution authorizing City Manager to award Contract to the lowest responsive bidder, in an amount not to exceed $400,000 and execute change orders in an amount not to exceed $40,000.

BACKGROUND INFORMATION: The City is permitted by the State Water Board to discharge stormwater into the Mokelumne River under the statewide general permit for small municipal storm sewer systems (referred to as MS4s).

The State has mandated that all trash (items as small as a cigarette) be collected prior to discharging to rivers or streams, and has specified a compliance deadline of December 2030. Trash that blows out of overfilled garbage cans (or littered) gets washed into our storm drain system and discharged into the river if it is not captured prior. Approximately one-third of the City’s storm drainage system ends up discharging into the Mokelumne River.

Staff anticipates a total of 9 phases in order to comply with the State’s requirement with one phase constructed so far. A second phase is planned for construction this spring. Staff is prioritizing locations by high risk land uses (as required by the State), size of outfall, and size of drainage area. This phase (Phase 3) is proposed to cover the fifty acres served by Outfall Drainage Areas 6 and 7. The remaining cost of this program is estimated at $5 million, over the next 8 years and is included in the Wastewater Enterprise Financial Plan.

The project will install a trash capture device upstream of the Outfall No. 7 discharge point, as shown on Exhibit A. The device will be approximately 11 feet in diameter and 18 feet in depth, with only a manhole opening visible at the surface. The specifications are on file in the Public Works Department.

The planned bid opening date is May 5, 2021. The project estimate is $388,000.

Staff recommends approving plans and specifications and authorizing advertisement for bids for Stormwater Trash Collection Project – Phase 3 (2022) and adopt resolution authorizing City Manager to award Contract to the lowest responsive bidder, in an amount not to exceed $400,000 and execute change orders in an amount not to exceed $40,000.

F
ISCAL IMPACT: This project will slightly increase annual storm drainage maintenance costs for the trash capture device. This project will not impact the General Fund.

Approve Plans and Specifications and Authorize Advertisement for Bids for Stormwater Trash Collection Project – Phase 3 (2022) and Adopt Resolution Authorizing City Manager to Award Contract to Lowest Responsive Bidder ($400,000) and Execute Change Orders ($40,000).

March 2, 2022

Page 2 ends

\\cvcfilv02\pubwks$\WP\PROJECTS\STORMDRN\Stormwater Trash Collection - Phase 3 (2022)\CPSA-Award.doc 02/16/2022

FUNDING AVAILABLE: Budgeted Fiscal Year 2022/23- Wastewater Capital PWWW-21003 (53199000.77020): $750,000

______________________________________
Andrew Keys
Deputy City Manager/Internal Services Director

_______________________________
Charles E. Swimley, Jr.

Public Works Director
Prepared by Jimi Billigmeier, Associate Civil Engineer
CES/JB/cd
Attachment

cc: Andrew Richle, Utility Superintendent
^_
Aw
ani Dr.

River
Pointe Cir.

Otta
Dr.

Rivergate Pl.

Lawrence
Av.

Olive Ct.

Daisy
Ave.

Rivergate
Dr.

Lincoln Av.

Palm Av.

River
Oaks
Dr.

RoyalOaks Ct.

Palm Av.

Lincoln Av.

Rivergate Dr.

River Pointe Dr.

Forrest
Av.

Louie Av.

Edgewood
Dr.

School St.

Daisy Ave.

Olive Ct.

Forrest Av.

Louie Av.

Eureka Av.

Lincoln Av.

Pleasant Av.

Church St.

Turner Rd.

EXHIBIT A

STORMWATER TRASH COLLECTION PROJECT -
PHASE 3 (2022)

SITE MAP
Legend
Phase 3 Boundary
^_ Trash Capture Device Location
µ
0 1,000500
Feet
RESOLUTION NO. 2022-____

A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE

CITY MANAGER TO AWARD A CONTRACT TO THE LOWEST RESPONSIVE BIDDER FOR STORMWATER TRASH COLLECTION PROJECT – PHASE 3 (2022) AND EXECUTE CHANGE ORDERS

========================================================================

WHEREAS, the City is permitted by the State Water Board to discharge stormwater into the Mokelumne River under the S tatewide general permit for small municipal storm sewer systems (referred to as MS4s); and

WHEREAS, the State has mandated that all trash be collected prior to discharging to rivers or streams, and has specified a compliance deadline of December 2030; and

WHEREAS, approximately one-third of the City’s storm drainage system is discharged into the Mokelumne River; and

WHEREAS, Phase 3 of the project will install a trash capture device upstream of the Outfall No. 7 discharge point that will be approximately 11 feet in diameter and 18 feet in depth, with only a manhole opening visible at the surface; and

WHEREAS, staff recommends authorizing the City Manager to award a contract to the lowest responsive bidder, in an amount not to exceed $400,000, and further authorizing change orders in an amount not to exceed $40,000.

NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to award a c ontract to the lowest responsive bidder for Stormwater Trash Collection Project – Phase 3 (2022), in an amount not to exceed $400,000; and

BE IT FURTHER RESOLVED that the Lodi City Council does hereby authorize the City Manager to execute change orders in an amount not to exceed $40,000; and

BE IT FURTHER RESOLVED, pursuant to Section 6.3q of the City Council Protocol Manual (adopted 11/6/19, Resolution No. 2019 -223), the City Attorney is hereby authorized to make minor revisions to the above- referenced document(s) that do not alter the compensation or term, and to make clerical corrections as necessary.

Dated: March 2, 2022
======================================================================== I hereby certify that Resolution No. 202 2-____ was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 2, 2022 by the following vote:

AYES: COUNCIL MEMBERS –

NOES: COUNCIL MEMBERS –

ABSENT: COUNCIL MEMBERS –

ABSTAIN: COUNCIL MEMBERS –

PAMELA M. FARRIS
Assistant City Clerk

2022-____
AGENDA ITEM C-09
APPROVED: _________________________________
Stephen Schwabauer, City Manager
\\pwadc02\msc$\GROUP\ADMIN\Council\2022\03022022\Safety Kleen\CC Safety-Kleen.doc 2/7/2022

CITY OF LODI

COUNCIL COMMUNICATION
TM
AG
ENDA TITLE: Adopt Resolution Authorizing City Manager to Execute Professional Service Agreement with Safety-Kleen Systems, Inc., of Salida, for Hazardous Waste Disposal ($50,000)
M
EETING DATE: March 2, 2022
PR
EPARED BY: Public Works Director
RE
COMMENDED ACTION: Adopt resolution authorizing City Manager to execute Professional Service Agreement with Safety-Kleen Systems, Inc., of Salida, for hazardous waste disposal, in the amount of $50,000.

B
ACKGROUND INFORMATION: Due to expanding State and Federal regulations, the City’s various departments continue to have an increased need for hazardous waste disposal generated from daily operations and public disposal, or accidental discharge in the public right-of-way. The City’s Fleet division also generates various types of hazardous waste in their daily operations maintaining City vehicles.

S
taff recommends authorizing City Manager to execute Professional Service Agreement with Safety- Kleen Systems, Inc., of Salida, for hazardous waste disposal, in the amount of $50,000.

F
ISCAL IMPACT: Continued safe and compliant disposal of hazardous waste allows the City to operate safely and while reducing its exposure to fines and penalties.

F
UNDING AVAILABLE: Funding is budgeted in the operating accounts associated with the department requiring service. There will be minimal impact to the General Fund.
__________________________
____________
Andrew Keys
Deputy City Manager/Internal Services Director
______________
_________________
Charles E. Swimley, Jr.

Public Works Director
Prepared by Lance Roberts, Utilities Manager
CES/LR/tw
Attachment

RESOLUTION NO. 2022-____

A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE

CITY MANAGER TO EXECUTE A PROFESSIONAL SERVICES AGREEMENT WITH SAFETY-KLEEN SYSTEMS, INC., OF SALIDA,

FOR HAZARDOUS WASTE DISPOSAL

========================================================================

WHEREAS, due to expanding State and Federal regulations, the City’s various departments continue to have an increased need for hazardous waste disposal generated from daily operations and public disposal; and

WHEREAS, staff recommends authorizing the City Manager to execute a Professional Services Agreement with Safety -Kleen Systems, Inc., of Salida, for hazardous waste disposal, in an amount not to exceed $50,000.

NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to execute a Professional Services Agreement with Safety-Kleen Systems, Inc., of Salida, California, for hazardous waste disposal, in an amount not to exceed $50,000; and

Dated: March 2, 2022
======================================================================== I hereby certify that Resolution No. 2022- ____ was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 2, 2022, by the following vote:

AYES: COUNCIL MEMBERS –

NOES: COUNCIL MEMBERS –

ABSENT: COUNCIL MEMBERS –

ABSTAIN: COUNCIL MEMBERS –

PAMELA M. FARRIS
Assistant City Clerk

2022-____
AGENDA ITEM C-10
APPR
OVED: __________________________________
Stephen Schwabauer, City Manager

CITY OF LODI

COUNCIL COMMUNICATION
AGENDA TITLE: Adopt Resolution Authorizing City Manager to Execute Two-Year Professional Services Agreement with Valley Outdoor Advertising of Lodi for Electric Utility Advertising Services ($42,000)
M
EETING DATE: March 2, 2022
P
REPARED BY: Electric Utility Director
RE
COMMENDED ACTION: Adopt a resolution authorizing the City Manager to execute a two- year Professional Services Agreement with Valley Outdoor Advertising of Lodi for Electric Utility Advertising Services in an amount not-to-exceed $42,000.

B
ACKGROUND INFORMATION: In 2020, Lodi Electric Utility (LEU) embarked on a campaign to promote the City’s community-owned electric utility and the programs and assistance available to Lodi residents and businesses through LEU.

T
hrough contracts executed under the LEU Director’s signing authority with Valley Outdoor Advertising, early efforts were primarily focused on getting the word out about financial assistance programs available during the pandemic through billboards, bus shelters and bus advertising. Those efforts included campaigns such as “Lodi Electric CARES” focusing on bill credits and financial assistance, and “Stay Positive” which focused on American Rescue Plant Act funds available to customers facing challenges paying their utility bills. Other efforts emphasized the benefits of public power including “Discover the Power of Our Community” focusing on the reliable electric service provided by LEU since 1910. More recent efforts include the “Get Electrified” campaign launched to promote the statewide Clean Fuel Rewards point-of-sale rebate program for electric vehicle purchases for which LEU contributes a portion of its Low Carbon Fuel Standard credits to help fund.

V
alley Outdoor Advertising’s current contract with LEU expires March 31, 2022. In accordance with Lodi Municipal Code, Section 3.20.070, Valley Outdoor Advertising is the only entity authorized for purposes of transit advertising. By Resolution 2021-257, the City Council authorized a contract with Valley Outdoor Advertising for said purpose.

A
s LEU customer programs expand, staff propose to continue working with Valley Outdoor via a two-year agreement to help keep Lodi residents and businesses informed of LEU program offerings and assistance. In addition, this proposed agreement provides LEU the opportunity to continue highlighting the benefits of public power as well as improve communication based on feedback received as part of LEU’s periodic customer satisfaction surveys.

FI
SCAL IMPACT: Total cost of $42,000 over two years.

F
UNDING AVAILABLE: Account No. 50060001.72303

_______________________________________
Andrew C. Keys
Deputy City Manager/Internal Services Director

________________________________
Jeff Berkheimer
Electric Utility Director

RESOLUTION NO. 2022-____

A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE

CITY MANAGER TO EXECUTE A PROFESSIONAL SERVICES AGREEMENT

WITH VALLEY OUTDOOR ADVERTISING, OF LODI, FOR

ELECTRIC UTILITY ADVERTISING SERVICES
======================================================================== WHEREAS, in 2020, Lodi Electric Utility (LEU) embarked on a campaign to promote the City’s community -owned electric utility and the programs and assistance available to Lodi residents and businesses through LEU; and

WHEREAS, through contracts executed under the LEU Director’s signing authority with Valley Outdoor Advertising, early efforts were primarily focused on getting the word out about financial assistance programs available during the pandemic through bill boards, bus shelters , and bus advertising, including campaigns such as “Lodi Electric CARES,” focusing on bill credits and financial assistance, and “Stay Positive, ” which focused on American Rescue Plan Act funds available to customers facing challenges paying their utility bills; and

WHEREAS, other efforts emphasized the benefits of public power including “Discover the Power of Our Community ,” focusing on the reliable electric service provided by LEU since 1910 and more recent efforts include the “Get El ectrified” campaign launched to promote the Statewide Clean Fuel Rewards point -of-sale rebate program for electric vehicle purchases for which LEU contributes a portion of its Low Carbon Fuel Standard credits to help fund; and

WHEREAS, Valley Outdoor Advertising’s current contract with LEU expires March 31, 2022; and

WHEREAS, in accordance with Lodi Municipal Code, Section 3.20.070, Valley Outdoor Advertising is the only entity authorized for purposes of transit advertising and by Resolution No. 2021-257, the City Council authorized a contract with Valley Outdoor Advertising for said purpose; and

WHEREAS, as LEU customer programs expand, staff propose to continue working with Valley Outdoor via a two -year agreement to help keep Lodi residents and business es informed of LEU program offerings and assistance; and

WHEREAS, this agreement provides LEU the opportunity to continue highlighting the benefits of public power, as well as improve communication based on feedback received as part of LEU’s periodic customer satisfaction surveys.

NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to e xecute a Professional Services Agreement with Valley Outdoor Advertising, of Lodi , California, for Electric Utility a dvertising services in an amount not to exceed $42,000; and

Dated: March 2, 2022
======================================================================== I hereby certify that Resolution No. 2022-____ was passed and adopted by the City Council of the City of Lodi in a regular meeting held on March 2, 2022 by the following vote:

AYES: COUNCIL MEMBERS –

NOES: COUNCIL MEMBERS –

ABSENT: COUNCIL MEMBERS –

ABSTAIN: COUNCIL MEMBERS –

PAMELA M. FARRIS
Assistant City Clerk

2022-______
APPR
OVED: _________________________________
Stephen Schwabauer, City Manager
\\cvcfilv02\pubwks$\Transit\21) Grants\Measure K\MK Renewal\FY 20 21 MK Extension\Amendment #2\CC_MK Renewal Amendment #2.doc 2/16/2022

CITY OF LODI

COUNCIL COMMUNICATION
TM
AGENDA TITLE: Adopt Resolution Authorizing City Manager to Execute Amendment No. 2 to Extend Measure K Renewal Cooperative Agreement with the San Joaquin Council of Governments for GrapeLine Operations Revenue for Fiscal Year 2021/22 ($400,000)
MEETING DATE: March 2, 2022
PREPARED BY: Public Works Director
RECOMMENDED ACTION: Adopt resolution authorizing City Manager to execute Amendment No. 2 to extend Measure K Renewal Cooperative Agreement with the San Joaquin Council of Governments for GrapeLine Operations Revenue for Fiscal Year 2021/22, in the amount of $400,000.

BACKGROUND INFORMATION: The San Joaquin Council of Governments (SJCOG) enters into three-year Measure K Cooperative Agreements with local agencies to provide funding to assist with the operating costs of their transit services. In 2017, Council authorized approval of the GrapeLine Operations Project for funding through a Measure K Renewal Cooperative Agreement for Fiscal Years 2017/18 through 2019/20. The Agreement provided $400,000 in Measure K revenue each year, in quarterly payments, for a three-year total of $1,200,000 for GrapeLine transit operations costs.

The original Measure K Cooperative Agreement expired on June 30, 2020. Normally, SJCOG would enter into new three-year agreements with the agencies in accordance with the 2019 Measure K Strategic Plan. However, COVID-19 impacts to Measure K sales tax revenue were not known and SJCOG staff determined that agreements could be extended for Fiscal Year 2020/21.

On June 25, 2020, the SJCOG Board of Directors approved an amendment to extend the Measure K Renewal Cooperative Agreement with the City of Lodi. On October 7, 2020, Lodi City Council adopted a resolution authorizing the City Manager to execute the Amendment for an additional $400,000 in operating revenue for Fiscal Year 2020/21.

In 2021, SJCOG staff again determined the existing Measure K Renewal Cooperative Agreement could be extended for one additional year, through Fiscal Year 2021/22. The additional extension results in a total of $2,000,000 of Measure K Renewal funds for transit operating assistance over the five year period of Fiscal Years 2017/18 through 2021/22. On May 27, 2021 the SJCOG Board of Directors approved a second amendment to extend the Agreement with the City of Lodi through FY 2021/22 for an additional $400,000. The amendment requires City Council approval in order for the Transit Division to receive the allocation for Fiscal Year 2021/22.

Staff recommends authorizing City Manager to execute Amendment No. 2 to extend Measure K Renewal Cooperative Agreement with the San Joaquin Council of Governments for GrapeLine Operations Revenue for Fiscal Year 2021/22, in the amount of $400,000.

AGENDA ITEM C-11
Adopt Resolution Authorizing City Manager to Execute Amendment No. 2 to Extend Measure K Renewal Cooperative Agreement with the San Joaquin Council of Governments for GrapeLine Operations Revenue for Fiscal Year 2021/22 ($400,000) March 2, 2022

Page 2 ends

\\cvcfilv02\pubwks$\Transit\21) Grants\Measure K\MK Renewal\FY 20 21 MK Extension\Amendment #2\CC_MK Renewal Amendment #2.doc 2/16/2022

FISCAL IMPACT: This action will allow the City to receive $400,000 in Measure K revenue to offset transit operating costs. Such revenue was budgeted in Fiscal Year 2021/22 for the transit program. There is not impact to the General Fund.

FUNDING AVAILABLE: Not applicable.

_______________________________
Charles E. Swimley, Jr.

Public Works Director

Prepared by Julia Tyack, Interim Transportation Manager / Sr Planner CES/JMT/cd
Attachment

cc: Financial Services Manager
Ryan Niblock, SJCOG staff

RESOLUTION NO. 2022-____

A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE
CITY MANAGER TO EXECUTE AMENDMENT NO. 2 TO EXTEND THE

MEASURE K RENEWAL COOPERATIVE AGREEMENT WITH THE

SAN JOAQUIN COUNCIL OF GOVERNMENTS FOR GRAPELINE
OPERATIONS REVENUE FOR FISCAL YEAR 2021/22
========================================================================

WHEREAS, the San Joaquin Council of Governments (SJCOG) enters into three- year Measure K Cooperative Agreements with local agencies to provide funding to assist w ith the operating costs of their transit services; and

WHEREAS, in 2017, Council authorized approval of the GrapeLine Operations Project for funding through a Measure K Renewal Cooperative Agreement for Fiscal Years 2017/18 through 2019/20, providing $400,000 in Measure K revenue each year, in quarterly payments, for a three-year total of $1,200,000 for GrapeLine transit operations costs; and

WHEREAS, normally, SJCOG would enter into new three- year agreements with the agencies in accordance with the 2019 Measure K Strategic Plan; however, COVID-19 impacts to Measure K sales tax revenue were not known and SJCOG staff determined that agreements could be extended for Fiscal Year 2020/21; and

WHEREAS, on June 25, 2020, SJCOG Board of Directors approved an amendment to extend the Measure K Renewal Cooperative Agreement with the City of Lodi and on October 7, 2020, Lodi City Council adopted a resolution authorizing the City Manager to execute the Amendment for an additional $400,000 in operating revenue for Fiscal Year 2020/21; and

WHEREAS, on May 27, 2021 , the SJCOG Board of Directors approved a second amendment to extend the Agreement with the City of Lodi through FY 2021/22 for an additional $400,000 that requires City Council approval in order for the Transit Division to receive the Measure K revenue for Fiscal Year 2021/22; and

WHEREAS, staff recommends authorizing the City Manager to execute A mendment No. 2 to extend the Measure K Renewal Cooperative Agreement with the San Joaquin Council of Governments for GrapeLine Operati ons Revenue for Fiscal Year 2021/22, in the amount of $400,000.

NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to execute Amendment No. 2 to extend the Measure K Renewal Cooperative A greement with the San Joaquin Council of Governments for GrapeLine Operations Revenue for Fiscal Year 2021/22, in the amount of $400,000; and

Dated: March 2, 2022
======================================================================== I hereby certify that Resolution No. 2022- ____ was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 2, 2022 by the following vote:

AYES: COUNCIL MEMBERS –

NOES: COUNCIL MEMBERS –

ABSENT: COUNCIL MEMBERS –

ABSTAIN: COUNCIL MEMBERS –

PAMELA M. FARRIS
Assistant City Clerk

2022-____
APPROVED: ________________________________________
Stephen Schwabauer, City Manager
\\cvcfilv02\pubwks$\WP\Wastewater\Cherokee Memorial\CC Cherokee Memorial WW RA.docx

CITY OF LODI

COUNCIL COMMUNICATION
TM
AGENDA TITLE: Consider Adopting a Resolution Authorizing City Manager to Execute a Reimbursement Agreement with Cherokee Memorial Park, Inc., for Outside the City Wastewater Service at 14165 Beckman Road
MEETING DATE: March 2, 2022
PREPARED BY: Public Works Director
RECOMMENDED ACTION: Consider Adopting a Resolution Authorizing City Manager to Execute a Reimbursement Agreement with Cherokee Memorial Park, Inc., for Outside the City Wastewater Service at 14165 Beckman Road.

BACKGROUND INFORMATION: Cherokee Memorial Park Cemetery (Cherokee Memorial) is a non- profit company that is licensed with the State of California Cemetery and Funeral Bureau. Cherokee Memorial serves
Lodi, Stockton, and portions of the San Joaquin Valley; and is located just outside the City’s eastern city limits at the corner of Harney Lane and Beckman Road (Exhibit A). The facility is currently served by a septic system that is regulated by the San Joaquin County Health Department.

Cherokee Memorial is constructing an 18,000 square foot addition to the north side of the Chapel building.

The proposed addition includes administrative offices and funeral home functions and will require significantly expanding the existing chapel septic system. For this reason, Cherokee Memorial management is requesting the City consider providing sewer service outside the City to accommodate the addition to the Chapel building. On January 5, 2022, Council took the first step in this process by amending the Lodi Municipal Code to allow domestic sewer service outside the City limits for licensed cemetery providers.

City staff will be working with Cherokee Memorial to explore the feasibility of the proposed connection and City policies and procedures require the Developer bear the full cost of this work. The proposed reimbursement agreement (Agreement) provides the City with a means of recovering the staff costs associated with the project planning process (Exhibit B). The estimated reimbursable fees total $11,700.

The Agreement requires an initial, evergreen deposit of $10,000. Staff will draw on the deposited funds until the balance reaches $2,000. At that time, staff will request an additional deposit based on projected need. Staff will only charge for actual time spent on any line item and will provide back up to justify the expenses. Staff recommends authorizing City Manager to execute a reimbursement agreement with Cherokee Memorial for outside the city wastewater service.

FISCAL IMPACT: The Reimbursement Agreement is intended to ensure that funding is available to pay for staffing and ancillary costs generated by the Project.

FUNDING AVAILABLE: If approved, the Agreement will ensure funding is available. _______________________________

Charles E. Swimley Jr.

Public Works Director
Prepared by Lyman Chang, Deputy Public Works Director/City Engineer CES/LC/cd
Attachment
Cc: Cherokee Memorial Park Public Works Management Analyst Community Development Director Associate Civil Engineer, Kiriu AGENDA ITEM C-12
0 0.20.1
Km
0 0.10.05 Mi
Coordinate System: NAD 1983 StatePlane California III FIPS 0403 Feet Cherokee Memorial
Lodi

CHEROKEE

MEMORIAL

PARK INC
Legend
Cherokee Memorial
City Wastewater Pipe

EXHIBIT A

RESOLUTION NO. 2022-____

A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE

CITY MANAGER TO EXECUTE A REIMBURSEMENT AGREEMENT WITH
CHEROKEE MEMORIAL PARK, INC., FOR OUTSIDE THE CITY
WASTEWATER SERVICE AT 14165 BECKMAN ROAD
========================================================================

WHEREAS, Cherokee Memorial Park Cemetery (Cherokee Memorial) is a non- profit company that is licensed with the State of California Cemetery and Funeral Bureau; and

WHEREAS, Cherokee Memorial serves Lodi, Stockton, and portions of the San Joaquin Valley; and is located just outside the eastern C ity limits , at the corner of Harney Lane and Beckman Road; and

WHEREAS, Cherokee Memorial is constructing an 18,000 square foot addition to the north side of the Chapel building and is requesting the City consider providing sewer service outside the City to accommodate the addition to the Chapel building; and

WHEREAS, the City will be working with Cherokee Memorial to explore the feasibility of the proposed connection, and City policies and procedures require the Developer bear the full cost of this work; and

WHEREAS, a Reimbursement Agreement provides the City with a means of recovering the staff costs associated with the project planning process, which are estimated to be $11,700; and

WHEREAS, t he Agreement requires an initial evergreen deposit of $10,000 and will draw on the deposited funds until the balance reaches $2,000, a t which time, staff will request an additional deposit based on projected need; and

WHEREAS, staff recommends authorizing the City Manager to execute a reimbursement agreement with Cherokee Memorial for outside the City wastewater service.

NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to execute a reimbursement agreement with Cherokee Memorial for outside the City wastewater service at 14165 Beckman Road; and

AYES: COUNCIL MEMBERS –

NOES: COUNCIL MEMBERS –

ABSENT: COUNCIL MEMBERS –

ABSTAIN: COUNCIL MEMBERS –

PAMELA M. FARRIS
Assistant City Clerk

2022-____
AGENDA ITEM C-13
APPR
OVED: __________________________________
Stephen Schwabauer, City Manager

CITY OF LODI

COUNCIL COMMUNICATION
TM
AGENDA TITLE: Adopt Resolution Authorizing City Manager to Appropriate Funds for the Purchase of a 2014 Chevrolet Traverse from the Transit Department ($15,505) M
EETING DATE: March 2, 2022
P
REPARED BY: Parks, Recreation and Cultural Services Director RE
COMMENDED ACTION: Adopt resolution authorizing City Manager to appropriate funds f or the purchase of a 2014 Chevrolet Traverse from the Transit Department.

B
ACKGROUND INFORMATION: The Parks, Recreation, and Cultural Services (PRCS) Director and Deputy Director currently share a 2000 Dodge Caravan. This vehicle is past its recommended useful life of 10 years.

I
n July of 2021, Transit purchased a Toyota 4Runner to replace their 2014 Chevrolet Traverse. The Traverse still has low mileage and would be a suitable and cost-effective solution for PRCS to replace the 2000 Dodge Caravan. High Kelly Blue Book value is $15,505.

S
taff recommends authorizing the City Manager to appropriate funds in the amount of $15,505 from the PRCS vehicle replacement (64799100.77040) to be transferred to Transit (60000000.54391) for the purchase of the 2014 Chevrolet Traverse.

F
ISCAL IMPACT: Appropriate from Fund 647 (PRCS Vehicle Replacement) and transfer to Fund 600 (Transit)
F
UNDING AVAILABLE: Vehicle Replacement Fund (64799100.77040) ____________________________________________
Andrew Keys
Deputy City Manager/Internal Services Director
____________________ ___________________
Christina Jaromay
Parks, Recreation and Cultural Services Director
CJ\MM:
tl
c
c: City Attorney

RESOLUTION NO. 2022-____

A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING

THE CITY MANAGER TO APPROPRIATE FUNDS FOR THE
PURCHASE OF A 2014 CHEVROLET TRAVERSE FROM THE

TRANSIT DEPARTMENT
========================================================================

WHEREAS, the Parks, Recreation and Cultural Services Department (PRCS) has a 2000 Dodge Caravan that is past its recommended useful life of 10 years; and

WHEREAS, the Transit Division purchased a Toyota 4Runner to replace its 2014 Chevrolet Traverse; and

WHEREAS, the 2014 Chevrolet Traverse would be a suitable and cost-effective solution for PRCS to replace the 2000 Dodge Caravan.

NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to appropriate funds in the amount of $15,505 to PRCS vehicle replacement (64799100.77040) to be transferred to Transit (60000000.54391) for the purchase of the 2014 Chevrolet Traverse; and

Dated: March 2, 2022
========================================================================

I hereby certify that Resolution No. 2022-____ was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 2, 2022, by the following vote:

AYES: COUNCIL MEMBERS –

NOES: COUNCIL MEMBERS –

ABSENT: COUNCIL MEMBERS –

ABSTAIN: COUNCIL MEMBERS –

PAMELA M. FARRIS
Assistant City Clerk

2022-____
AGENDA ITEM C-14
APPR
OVED: _________________________________
S tephen Schwabauer, City Manager
\\cvcfilv02\pubwks$\WP\TRAFFIC\CCMutliWayStop GuildTurner.doc 2/16/2022

CITY OF LODI

COUNCIL COMMUNICATION

TM
AG
ENDA TITLE: Adopt Resolution Amending Traffic Resolution No. 97-148, by Approving a Multi- Way Stop Control at Guild Avenue and Turner Road
M
EETING DATE: March 2, 2022
P
REPARED BY: Public Works Director
RE
COMMENDED ACTION: Adopt resolution amending Traffic Resolution No. 97-148, by approving a multi-way stop control at Guild Avenue and Turner Road.

B
ACKGROUND INFORMATION: Turner Road is an east-west 40 mile per hour (MPH) posted speed roadway with two travel lanes and a center turn lane which terminates at Guild Avenue (Exhibit A). Guild Avenue is a north- south 45 MPH posted speed roadway with two travel lanes that terminates at Turner Road. There are several existing wineries located on the north side of the intersection with a shared driveway approach along with recent improvements on the east side of Guild Avenue that include the new Lodi Unified School District Corporation Yard and AM Stephens Construction. Both of which add additional vehicle traffic.

C
onsidering the additional vehicle movement generated from the winery and new construction, Guild Avenue at Turner Road should be evaluated as an uncontrolled four-legged intersection. Additionally, there have been several traffic accidents reported at the intersection caused by unsafe turning or unable to see the roadway turn. Recent traffic count data demonstrates that the approach volumes on Guild Avenue/Turner Road/driveways is near equilibrium (almost 45%/55% volume split). With the high-speed roadway approaches and the near equilibrium traffic approach volumes, it is necessary to assign right-of-way at the intersection with stop signs for safety purposes.

S
taff recommends Council adopt a resolution amending Traffic Resolution No. 97-148, by approving a multi-way stop control at Guild Avenue and Turner Road.

F
ISCAL IMPACT: Not applicable.

FUNDI
NG AVAILABLE: Not applicable.
____________________________

Charles E. Swimley, Jr.

Public Works Director
Prepared by Dorothy Kam, Senior Traffic Engineer
CES/DK/cd
Attachment
c
c: City Engineer/Deputy Public Works Director
Police Chief

TURNER ROADTURNER

GUILD AVENUETURNER TURNER

TURNERTURNERTURNERTURNERTURNERTURNER
AM Stephens
Construction
Lodi
Unified
School
District
Office
Various WineriesTURN
Proposed Multi-Way Stop

PUBLIC WORKS DEPARTMENT

CITY OF LODI
CA
A

PUBLIC WORKS
I
O
LIF
R
N LOD
CITY
NO
F
I

EXHIBIT A - LOCATION MAP
Guild Avenue and Turner Road Intersection
NTS
K:\CADD\TRAFFIC\DKam\Council Exhibits\CCMultiWayStop GuildTurner2022ExhibitA.dwg RESOLUTION NO. 2022-____

A RESOLUTION OF THE LODI CITY COUNCIL AMENDING TRAFFIC
RESOLUTION NO. 97-148 BY APPROVING A MULTI-WAY STOP CONTROL

AT GUILD AVENUE AND TURNER ROAD
========================================================================

WHEREAS, Turner Road is an east-west 40 mile per hour (MPH) posted speed roadway with two travel lanes and a center turn lane which terminates at Guild Avenue; and

WHEREAS, Guild Avenue is a north -south 45 MPH posted speed roadway with two travel lanes that terminates at Turner Road; and

WHEREAS, there are several existing wineries located on the north side of the intersection with a shared driveway approach along with recent improvements on the east side of Guild Avenue that include the new Lodi Unified School District Corporation Yard and AM Stephens Construction, both of which add additional vehicle traffic; and

WHEREAS, recent traffic count data demonstrates that the approach volumes on Guild Avenue/Turner Road/driveways is near equilibrium (almost 45%/55% volume split); and

WHEREAS, with the high -speed roadway approaches and the near equilibrium traffic approach volumes, it is necessary to assign right -of-way at the intersection with stop signs for safety purposes; and

WHEREAS staff recommends amending Traffic Resolution No. 97- 148 by approving a multi-way stop control at Guild Avenue and Turner Road.

NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby amend Traffic Resolution No. 97- 148 by approving a multi -way stop control at Guild Avenue and Turner Road.

AYES: COUNCIL MEMBERS –

NOES: COUNCIL MEMBERS –

ABSENT: COUNCIL MEMBERS –

ABSTAIN: COUNCIL MEMBERS –

PAMELA M. FARRIS
Assistant City Clerk

2022-____
AGENDA ITEM C-15
APPR
OVED: __________________________________
Stephen Schwabauer, City Manager

CITY OF LODI

COUNCIL COMMUNICATION

TM
AGENDA TITLE: Adopt Resolution Approving City of Lodi Pay Schedule Dated March 2, 2022 M
EETING DATE: March 2, 2022
S
UBMITTED BY: Human Resources Manager
RECOMMENDED ACTION: Adopt resolution approving City of Lodi pay schedule dated March 2, 2022.

B
ACKGROUND INFORMATION: Public Employees’ Retirement Law (PERL) Government Code sections 20636 and 20636.1 define earnable compensation for State, School, and Public Agency members. Only compensation that meets the provisions and regulations of the PERL will be considered by CalPERS for calculating retirement benefits. Government Code section 20636 and 20636.1 require pay schedules to be publicly available. Compensation earnable is further clarified by California Code of Regulations (CCR) Section 570.5.

C
CR 570.5 specifies the required elements necessary to meet the definition of a publicly available pay schedule as follows:

1. H
as been duly approved and adopted by the employer’s governing body in accordance with r
equirements of applicable public meeting laws;

2. Identifies the position title for every employee position;

3. Shows the payrate for each identified position, which may be stated as a single amount or as multiple amounts within a range;

4. Indicates the time base, including, but not limited to, whether the time base is hourly, daily, bi- weekly, monthly, bi-monthly, or annually;

5. Is posted at the office of the employer or immediately accessible and available for public review from the employer during normal business hours or posted on the employer’s internet website;

6. Indicates an effective date and date of any revisions;

7. Is retained by the employer and available for public inspection for not less than five years; and

8. Does not reference another document in lieu of disclosing the payrate.

A
ll eight (8) requirements must be met in one schedule for each member’s pay, in order for CalPERS to approve the pay amount as payrate and reportable compensation earnable. If an agency cannot provide a document meeting the requirements for a publicly available pay schedule, the CalPERS Board, in its sole discretion, may determine an amount that will be considered to be payrate. CCR 570.5 outlines the process by which CalPERS may determine a member’s payrate when there is no publicly available pay schedule.

As such, and in accordance with the above regulations, the Human Resources Manager will present, from time to time, an updated pay schedule for City Council adoption.

Staff recommends that the City Council adopt the resol ution approving the attached City of Lodi salary schedule effective March 2, 2022.

FISCAL IMPACT: There is no fiscal impact

FUNDING AVAILABLE: Not applicable

_________________________________
Adele Post, Human Resources Manager

_________________________________
Andrew Keys, Deputy City Manager/Internal Services Director BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 G 2000 ACCOUNT CLERK 1/10/2022 43,038.81$ 45,190.69$ 47,450.21$ 49,822.73$ 52,313.98$ B 1200 ACCOUNTANT 1/10/2022 71,483.73$ 75,057.25$ 78,810.74$ 82,751.51$ 86,888.68$ CM 1540 ACCOUNTING MANAGER 1/10/2022 126,164.77$ 132,472.99$ 139,096.70$ 146,051.52$ 153,354.12$ G 2702 ADMINISTRATIVE ASSISTANT 1/10/2022 51,842.37$ 54,434.57$ 57,156.31$ 60,014.10$ 63,014.77$ CGS 1970 ADMINISTRATIVE ASSISTANT-C 1/10/2022 51,842.37$ 54,434.57$ 57,156.31$ 60,014.10$ 63,014.77$ G 2700 ADMINISTRATIVE CLERK 1/10/2022 38,974.19$ 40,922.93$ 42,969.12$ 45,117.52$ 47,373.40$ CGS 1900 ADMINISTRATIVE CLERK - C 1/10/2022 41,325.53$ 43,391.81$ 45,561.41$ 47,839.49$ 50,231.45$ G 2021 ANIMAL SERVICES SUPERVISOR 1/10/2022 50,579.05$ 53,108.10$ 55,763.47$ 58,551.58$ 61,479.20$ G 2603 AQUATIC COORDINATOR 1/10/2022 51,338.86$ 53,905.87$ 56,601.17$ 59,431.20$ 62,402.69$ G 2020 ASSISTANT ANIMAL SERVICE 1/10/2022 43,982.96$ 46,182.06$ 48,491.25$ 50,915.82$ 53,461.59$ CM 1500 ASSISTANT CITY CLERK 1/10/2022 64,326.05$ 67,542.35$ 70,919.46$ 74,465.43$ 78,188.69$ B 1300 ASSISTANT ENG/PLANS EXAMINER 1/10/2022 85,036.28$ 89,288.15$ 93,752.55$ 98,440.15$ 103,362.03$ B 1230 ASSISTANT ENGINEER 1/10/2022 92,264.39$ 96,877.62$ 101,721.48$ 106,807.58$ 112,147.78$ B 1235 ASSISTANT PLANNER 1/10/2022 64,256.41$ 67,469.21$ 70,842.63$ 74,384.71$ 78,103.94$ B 1240 ASSOCIATE CIVIL ENGINEER 1/10/2022 101,490.73$ 106,565.22$ 111,893.43$ 117,488.22$ 123,362.55$ B 1245 ASSOCIATE PLANNER 1/10/2022 70,682.02$ 74,216.22$ 77,926.94$ 81,823.32$ 85,914.42$ CM 1575 BUDGET ANALYST 1/10/2022 73,264.36$ 76,927.59$ 80,773.95$ 84,812.65$ 89,053.28$ CM 1511 BUDGET MANAGER 1/10/2022 126,164.77$ 132,472.99$ 139,096.70$ 146,051.52$ 153,354.12$ G 2072 BUILDING INSPECTOR I 1/10/2022 59,861.04$ 62,706.83$ 65,842.18$ 69,134.39$ 72,591.03$ G 2073 BUILDING INSPECTOR II 1/10/2022 65,692.92$ 68,977.52$ 72,426.43$ 76,047.83$ 79,850.19$ M 4701 BUILDINGG SERVICES SUPERVISOR 1/10/2022 61,977.68$ 65,076.45$ 68,330.24$ 71,746.87$ 75,334.32$ CM 1530 BUSINESS DEVELOPMENT MANAGER 1/10/2022 103,454.56$ 108,627.29$ 114,058.65$ 119,761.58$ 125,749.65$ G 2075 CDD PROGRAM SPECIALIST 1/10/2022 64,787.82$ 68,027.21$ 71,428.57$ 75,000.00$ 78,750.00$ B 1310 CHIEF BUILDING OFFICIAL 1/10/2022 117,972.80$ 123,870.39$ 130,064.28$ 136,566.56$ 143,395.91$ CA 1002 CITY ATTORNEY 1/10/2022 215,641.69$ CA 1003 CITY CLERK 1/10/2022 132,831.59$ B 1250 CITY ENGINEER/DEP PW DIRECTOR 1/10/2022 135,063.88$ 141,816.97$ 148,907.55$ 156,353.31$ 164,073.34$ CA 1001 CITY MANAGER 1/10/2022 236,095.76$ B 1306 CITY PLANNER 1/10/2022 102,585.04$ 107,713.38$ 113,099.38$ 118,753.53$ 124,692.09$ A 1170 COMMUNITY DEVELOPMENT DIRECTOR 1/10/2022 162,513.81$ G 2032 COMMUNITY IMPROVEMENT OFFICER I 1/10/2022 56,877.03$ 59,720.88$ 62,706.92$ 65,842.28$ 69,134.38$ G 2022 COMMUNITY IMPROVEMENT OFFICER II 1/10/2022 62,564.70$ 65,692.92$ 68,977.52$ 72,426.43$ 76,047.83$ S 6400 COMMUNITY SERVICE OFFICER 7/12/2021 52,899.63$ 55,544.63$ 58,321.98$ 61,238.04$ 64,299.85$ B 1255 COMPLIANCE ENGINEER 1/10/2022 101,490.73$ 106,565.22$ 111,893.43$ 117,488.22$ 123,362.55$ B 1260 CONSTRUCTION PROJECT MANAGER 1/10/2022 89,213.50$ 93,674.26$ 98,357.90$ 103,275.75$ 108,439.58$ I 6550 CONSTRUCTION/MAINT SUPERVISOR 1/10/2022 172,323.32$ G 2011 CUSTOMER SERVICE REPRESENTATIVE I 1/10/2022 39,126.35$ 41,082.66$ 43,136.75$ 45,293.49$ 47,558.19$ G 2012 CUSTOMER SERVICE REPRESENTATIVE II 1/10/2022 43,038.81$ 45,190.69$ 47,450.21$ 49,822.73$ 52,313.98$ B 1210 CUSTOMER SERVICE SUPERVISOR 1/10/2022 66,429.06$ 69,750.58$ 73,238.11$ 76,900.14$ 80,744.97$ CM 1520 DEPUTY CITY ATTORNEY 1/10/2022 130,176.18$ 136,684.95$ 143,519.20$ 150,695.15$ 158,229.91$ A 1100 DEPUTY CITY MANAGER 1/10/2022 199,717.12$ B 1375 DEPUTY DIRECTOR PRCS 1/10/2022 101,288.65$ 106,353.08$ 111,670.72$ 117,254.26$ 123,116.97$ FM 6120 DEPUTY FIRE CHIEF 7/12/2021 138,811.66$ 145,752.15$ 153,039.76$ 160,691.79$ 168,726.38$ PM 6430 DISPATCH SUPERVISOR 7/12/2021 79,598.65$ 83,578.72$ 87,757.66$ 92,145.49$ 96,752.75$ S 6410 DISPATCHER/JAILER 7/12/2021 60,198.90$ 63,208.77$ 66,369.30$ 69,687.71$ 73,172.08$ I 6503 ELECTRIC APPARATUS MECHANIC 1/10/2022 91,623.48$ 96,208.58$ 101,043.54$ 106,082.34$ 111,409.48$ I 6535 ELECTRIC DISTRIBUTION OP SUPERVISOR 1/10/2022 147,060.42$ 154,426.48$ I 6531 ELECTRIC DISTRIBUTION OPERATOR I 1/10/2022 109,988.06$ 115,487.32$ 121,651.40$ 127,325.12$ 133,691.22$ I 6532 ELECTRIC DISTRIBUTION OPERATOR II 1/10/2022 133,691.22$ 140,375.82$ I 6509 ELECTRIC DRAFTING TECHNICIAN 1/10/2022 77,210.38$ 81,076.84$ 85,118.28$ 89,379.42$ 93,849.86$ B 1343 ELECTRICAL ENGINEER 1/10/2022 114,571.39$ 120,300.04$ 126,314.91$ 132,630.72$ 139,262.26$ Annual Rate of Pay
City of Lodi
Salary Schedule Effective March 2, 2022
BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 I 6505 ELECTRIC FOREPERSON 1/10/2022 156,653.64$ I 6500 ELECTRIC GROUNDWORKER 1/10/2022 72,447.18$ 76,068.20$ 79,867.84$ 83,871.32$ 88,053.42$ I 6501 ELECTRIC LINE APPRENTICE I 1/10/2022 88,217.48$ 92,628.12$ 97,259.50$ 102,122.54$ 107,228.42$ I 6502 ELECTRIC LINE APPRENTICE II 1/10/2022 117,951.86$ 123,849.70$ I 6504 ELECTRIC LINEPERSON 1/10/2022 129,723.62$ 136,237.66$ I 6507 ELECTRIC MATERIALS TECHNICIAN 1/10/2022 82,035.20$ 86,135.66$ 90,445.16$ 94,966.56$ 99,712.34$ I 6520 ELECTRIC TROUBLESHOOTER 1/10/2022 139,421.62$ B 1341 ELECTRIC UTILITY BUSINESS ANALYST 1/10/2022 85,786.95$ 90,076.56$ 94,580.41$ 99,309.43$ 104,274.89$ A 1103 ELECTRIC UTILITY DIRECTOR 1/10/2022 214,029.72$ B 1328 ELECTRIC UTILITY RESOURCES ANALYST 1/10/2022 112,768.22$ 118,406.60$ 124,326.96$ 130,543.29$ 137,070.46$ B 1330 ELECTRIC UTILITY SUPERINTENDENT 1/10/2022 155,408.69$ 163,179.12$ 171,338.09$ 179,904.99$ 188,900.23$ I 6554 ELECTRICAL ENGINEERING TECHNICIAN 1/10/2022 84,942.52$ 89,175.58$ 93,637.96$ 98,329.92$ 103,225.98$ I 6511 ELECTRICAL TECHNICIAN 1/10/2022 122,252.52$ 128,363.56$ 134,780.62$ 141,518.78$ 148,599.88$ I 6506 ELECTRICIAN 1/10/2022 104,946.48$ 110,216.40$ G 2199 ENGINEERING AID 1/10/2022 47,374.15$ 49,742.86$ 52,230.01$ 54,841.49$ 57,583.60$ G 2200 ENGINEERING TECHNICIAN I 1/10/2022 60,288.47$ 63,302.81$ 66,467.92$ 69,791.39$ 73,280.97$ G 2201 ENGINEERING TECHNICIAN II 1/10/2022 66,317.30$ 69,633.02$ 73,114.72$ 76,770.42$ 80,608.94$ M 4160 ENVIRONMENTAL COMPLIANCE INSP 1/10/2022 63,603.88$ 66,784.08$ 70,123.26$ 73,629.43$ 77,310.87$ M 4000 EQUIPMENT SERVICE WORKER 1/10/2022 46,603.54$ 48,933.70$ 51,380.34$ 53,949.36$ 56,646.89$ G 2605 EVENTS COORDINATOR 1/10/2022 61,375.95$ 64,444.65$ 67,666.84$ 71,050.31$ 74,602.91$ CGS 1955 EXECUTIVE ADMINISTRATIVE ASSISTANT 1/10/2022 65,182.91$ 68,442.07$ 71,864.17$ 75,457.37$ 79,230.24$ M 4055 FACILITIES MAINTENANCE WORKER 1/10/2022 51,221.27$ 53,782.30$ 56,471.46$ 59,295.04$ 62,259.76$ B 1393 FACILITIES SUPERINTENDENT 1/10/2022 85,152.20$ 89,409.82$ 93,880.30$ 98,574.32$ 103,503.03$ M 4050 FACILITIES SUPERVISOR 1/10/2022 64,799.24$ 68,039.22$ 71,441.13$ 75,013.24$ 78,763.82$ G 2050 FIELD SERVICES REPRESENTATIVE 1/10/2022 53,207.25$ 55,867.64$ 58,661.05$ 61,594.14$ 64,673.76$ G 2051 FIELD SERVICES SUPERVISOR 1/10/2022 61,248.11$ 64,310.56$ 67,526.09$ 70,902.25$ 74,447.40$ G 2014 FINANCE TECHNICIAN 1/10/2022 52,076.96$ 54,680.86$ 57,414.89$ 60,285.74$ 63,299.91$ FM 6100 FIRE BATTALION CHIEF - 80 7/12/2021 115,676.47$ 121,460.23$ 127,533.24$ 133,909.87$ 140,605.40$ FM 6101 FIRE BATTALION CHIEF -112 7/12/2021 115,676.47$ 121,460.23$ 127,533.24$ 133,909.87$ 140,605.40$ F 6040 FIRE CAPTAIN - 112 1/10/2022 99,411.32$ 104,381.79$ 109,600.85$ 115,080.69$ 120,834.98$ F 6041 FIRE CAPTAIN - 80 1/10/2022 99,411.32$ 104,381.79$ 109,600.85$ 115,080.69$ 120,834.98$ F 6042 FIRE CAPTAIN - ACTING 1/10/2022 96,515.84$ 101,341.58$ 106,408.52$ 111,728.95$ 117,315.42$ A 1102 FIRE CHIEF 7/12/2021 188,680.92$ F 6021 FIRE ENGINEER - 112 1/10/2022 85,875.25$ 90,168.97$ 94,677.46$ 99,411.32$ 104,381.79$ F 6020 FIRE ENGINEER - 80 1/10/2022 85,875.25$ 90,168.97$ 94,677.46$ 99,411.32$ 104,381.79$ F 6000 FIREFIGHTER I - 112 1/10/2022 67,285.40$ F 6001 FIREFIGHTER I - 80 1/10/2022 67,285.40$ F 6002 FIREFIGHTER II - 112 1/10/2022 74,181.68$ 77,890.71$ 81,785.09$ 85,874.46$ 90,168.02$ F 6003 FIREFIGHTER II - 80 1/10/2022 74,181.68$ 77,890.71$ 81,785.09$ 85,874.46$ 90,168.02$ B 1395 FLEET SUPERINTENDENT 1/10/2022 79,055.91$ 83,008.68$ 87,159.18$ 91,517.15$ 96,092.90$ M 4020 HEAVY EQUIPMENT MECHANIC 1/10/2022 55,930.09$ 58,726.64$ 61,662.89$ 64,746.03$ 67,983.41$ CM 1550 HUMAN RESOURCES MANAGER 1/10/2022 126,164.77$ 132,472.99$ 139,096.70$ 146,051.52$ 153,354.12$ CGS 1930 HUMAN RESOURCES TECHNICIAN 1/10/2022 54,992.25$ 57,741.85$ 60,628.94$ 63,660.40$ 66,843.41$ G 2400 INFORMATION SYSTEMS SPECIALIST 1/10/2022 59,147.70$ 62,105.23$ 65,214.47$ 68,470.83$ 71,894.38$ B 1226 INFORMATION TECHNOLOGY MANAGER 1/10/2022 122,547.60$ 128,674.96$ 135,108.77$ 141,864.21$ 148,957.41$ G 2203 JUNIOR ENGINEER 1/10/2022 78,784.84$ 82,724.12$ 86,860.23$ 91,203.26$ 95,763.42$ G 2208 JUNIOR PLANNER 1/10/2022 59,532.62$ 62,509.15$ 65,634.62$ 68,916.35$ 72,362.20$ G 2071 JUNIOR PLANS EXAMINER/ENGINEER 1/10/2022 65,692.92$ 68,977.52$ 72,426.43$ 76,047.83$ 79,850.19$ G 2210 JUNIOR TRANSPORTATION PLANNER 1/10/2022 59,532.62$ 62,509.15$ 65,634.62$ 68,916.35$ 72,362.20$ M 4075 LABORATORY SUPERVISOR 1/10/2022 76,809.50$ 80,649.98$ 84,682.45$ 88,916.57$ 93,362.41$ M 4070 LABORATORY TECHNICIAN I 1/10/2022 50,661.68$ 53,194.86$ 55,854.65$ 58,647.39$ 61,579.63$ M 4071 LABORATORY TECHNICIAN II 1/10/2022 55,723.53$ 58,509.69$ 61,435.20$ 64,507.01$ 67,732.26$ S 6420 LEAD DISPATCHER 7/12/2021 63,840.42$ 67,032.40$ 70,383.99$ 73,903.21$ 77,598.27$ I 6508 LEAD ELECTRICIAN 1/10/2022 121,238.53$ BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 M 4010 LEAD EQUIPMENT MECHANIC 1/10/2022 61,523.07$ 64,599.28$ 67,829.17$ 71,220.64$ 74,781.71$ B 1350 LIBRARIAN I 1/10/2022 61,196.45$ 64,256.24$ 67,469.06$ 70,842.48$ 74,384.71$ B 1351 LIBRARIAN II 1/10/2022 67,316.17$ 70,682.02$ 74,216.04$ 77,926.94$ 81,823.16$ G 2500 LIBRARY ASSISTANT 1/10/2022 40,923.06$ 42,969.12$ 45,117.66$ 47,373.54$ 49,742.09$ A 1105 LIBRARY DIRECTOR 1/10/2022 143,136.96$ G 2510 LIBRARY TECHNICNICIAN 1/10/2022 51,767.46$ 54,355.81$ 57,073.63$ 59,927.32$ 62,923.65$ B 1357 LITERACY/PROGRAM MANAGER 1/10/2022 64,583.91$ 67,813.10$ 71,203.79$ 74,763.96$ 78,502.14$ M 4080 MAINTENANCE WORKER I 1/10/2022 44,359.74$ 46,578.85$ 48,907.02$ 51,352.15$ 53,922.09$ M 4081 MAINTENANCE WORKER II 1/10/2022 48,787.56$ 51,227.02$ 53,788.37$ 56,477.78$ 59,301.63$ B 1380 MANAGEMENT ANALYST 1/10/2022 71,163.85$ 74,722.02$ 78,457.35$ 82,381.74$ 86,500.11$ CM 1570 MANAGEMENT ANALYST-C 1/10/2022 73,264.36$ 76,927.59$ 80,773.95$ 84,812.65$ 89,053.28$ B 1320 MANAGER ENGINEERING & OPERATIONS 1/10/2022 155,408.69$ 163,179.12$ 171,338.09$ 179,904.99$ 188,900.23$ I 6540 METERING TECHNICIAN 1/10/2022 119,707.38$ B 1315 NEIGHBORHOOD SERVICES MANAGER 1/10/2022 102,613.18$ 107,742.46$ 113,130.37$ 118,786.76$ 124,726.24$ B 1220 NETWORK ADMINISTRATOR 1/10/2022 96,778.30$ 101,617.06$ 106,698.48$ 112,033.41$ 117,635.13$ G 2401 NETWORK TECHNICIAN 1/10/2022 70,932.32$ 74,479.00$ 78,202.89$ 82,113.08$ 86,218.83$ M 4710 PARK MAINTENANCE WORKER I 1/10/2022 42,250.08$ 44,362.65$ 46,580.70$ 48,909.76$ 51,355.21$ M 4711 PARK MAINTENANCE WORKER II 1/10/2022 46,470.76$ 48,794.16$ 51,233.91$ 53,795.57$ 56,485.43$ M 4712 PARK MAINTENANCE WORKER III 1/10/2022 51,119.25$ 53,702.97$ 56,358.94$ 59,176.95$ 62,135.77$ M 4740 PARK SUPERVISOR 1/10/2022 64,799.24$ 68,039.22$ 71,441.13$ 75,013.24$ 78,763.82$ G 2027 PARKING ENFORCEMENT ASSISTANT 1/10/2022 44,321.72$ 46,537.83$ 48,864.76$ 51,308.04$ 53,873.37$ B 1360 PARKS & PROPERTY SUPERINTENDENT 1/10/2022 88,077.16$ 92,481.00$ 97,105.04$ 101,960.30$ 107,058.30$ G 2600 PARKS PROJECT COORDINATOR 1/10/2022 72,948.92$ 76,596.41$ 80,426.14$ 84,447.48$ 88,669.84$ M 4030 PARTS CLERK 1/10/2022 44,389.93$ 46,609.38$ 48,939.82$ 51,386.94$ 53,956.28$ G 2016 PAYROLL TECHNICIAN 1/10/2022 52,076.96$ 54,680.86$ 57,414.89$ 60,285.74$ 63,299.91$ G 2070 PERMIT TECHNICIAN 1/10/2022 49,236.47$ 51,698.88$ 54,283.79$ 56,998.08$ 59,847.97$ M 4130 PLANT & EQUIPMENT MAINT TECH 1/10/2022 57,820.63$ 60,710.56$ 63,744.48$ 66,930.65$ 70,277.37$ P 6200 POLCE OFFICER TRAINEE 7/12/2021 69,030.33$ 72,481.79$ 76,105.95$ 79,911.26$ 83,906.80$ PM 6300 POLICE CAPTAIN 7/12/2021 147,841.03$ 155,232.92$ 162,994.63$ 171,144.26$ 179,701.51$ A 1101 POLICE CHIEF 7/12/2021 228,247.86$ P 6220 POLICE CORPORAL 7/12/2021 89,817.29$ 94,308.23$ 99,023.69$ 103,974.84$ 109,173.53$ PM 6310 POLICE LIEUTENANT 7/12/2021 123,200.90$ 129,360.80$ 135,828.83$ 142,620.31$ 149,751.26$ P 6210 POLICE OFFICER 7/12/2021 84,733.33$ 88,970.00$ 93,418.54$ 98,089.52$ 102,993.95$ G 2024 POLICE RECORDS CLERK 1/10/2022 38,684.50$ 40,618.64$ 42,649.65$ 44,782.08$ 47,021.28$ G 2023 POLICE RECORDS CLERK II 1/10/2022 42,553.09$ 44,680.65$ 46,914.68$ 49,260.45$ 51,723.46$ G 2026 POLICE RECORDS CLERK SUPERIVSOR 1/10/2022 48,928.54$ 51,375.00$ 53,943.69$ 56,640.80$ 59,472.95$ PM 6320 POLICE SERGEANT 7/12/2021 102,667.42$ 107,800.58$ 113,190.63$ 118,850.20$ 124,792.80$ A 1104 PRCS DIRECTOR 1/10/2022 158,673.02$ G 2602 PROGRAM COORDINATOR 1/10/2022 45,541.76$ 47,818.73$ 50,209.62$ 52,720.14$ 55,356.24$ G 2405 PROGRAM/ANALYST 1/10/2022 68,520.72$ 71,848.30$ 75,440.72$ 79,212.74$ 83,173.38$ S 6440 PROPERTY & EVIDENCE TECHNICIAN 7/12/2021 52,899.63$ 55,544.63$ 58,321.98$ 61,238.04$ 64,299.85$ CM 1580 PUBLIC INFORMATION OFFICER-C 1/10/2022 73,264.36$ 76,927.59$ 80,773.95$ 84,812.65$ 89,053.28$ A 1106 PUBLIC WORKS DIRECTOR 1/10/2022 195,098.21$ G 2204 PUBLIC WORKS INSPECTOR I 1/10/2022 59,720.89$ 62,706.83$ 65,842.18$ 69,134.39$ 72,591.03$ G 2205 PUBLIC WORKS INSPECTOR II 1/10/2022 65,692.92$ 68,977.52$ 72,426.43$ 76,047.83$ 79,850.19$ B 1390 PW MANAGEMENT ANALYST 1/10/2022 81,838.36$ 85,930.36$ 90,226.86$ 94,738.23$ 99,475.14$ B 1325 RATES & RESOURCES MANAGER 1/10/2022 155,408.69$ 163,179.12$ 171,338.09$ 179,904.99$ 188,900.23$ B 1365 RECREATION MANAGER 1/10/2022 66,332.58$ 69,649.67$ 73,132.90$ 76,789.40$ 80,628.41$ B 1370 RECREATION SUPERINTENDENT 1/10/2022 72,966.48$ 76,614.95$ 80,445.61$ 84,467.90$ 88,691.29$ B 1206 REVENUE MANAGER 1/10/2022 105,597.70$ 110,877.58$ 116,421.47$ 122,242.54$ 128,354.66$ CGS 1935 RISK MANAGEMENT TECHNICIAN 1/10/2022 54,992.25$ 57,741.85$ 60,628.94$ 63,660.40$ 66,843.41$ CM 1560 RISK MANAGER 1/10/2022 126,164.77$ 132,472.99$ 139,096.70$ 146,051.52$ 153,354.12$ G 2701 SENIOR ADMINISTRATIVE CLERK 1/10/2022 42,871.64$ 45,015.17$ 47,266.03$ 49,629.29$ 52,110.81$ CGS 1960 SENIOR ADMINISTRATIVE CLERK-C 1/10/2022 42,871.64$ 45,015.17$ 47,266.03$ 49,629.29$ 52,110.81$ BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 B 1270 SENIOR CIVIL ENGINEER 1/10/2022 114,510.99$ 120,240.06$ 126,251.84$ 132,566.68$ 139,188.07$ G 2010 SENIOR CUSTOMER SERVICE REP 1/10/2022 45,190.75$ 47,450.22$ 49,822.72$ 52,313.87$ 54,929.68$ I 6512 SENIOR ELECECTRICAL TECHNICIAN 1/10/2022 134,725.50$ 141,469.90$ 148,529.42$ 155,968.54$ 163,756.58$ I 6555 SENIOR ELECTRICAL ENGINEERING TECH 1/10/2022 122,638.36$ G 2202 SENIOR ENGINEERING TECHNICIAN 1/10/2022 72,948.92$ 76,596.41$ 80,426.14$ 84,447.48$ 88,669.84$ M 4060 SENIOR FACILITIES MAINT WORKER 1/10/2022 56,343.30$ 59,160.40$ 62,118.44$ 65,224.41$ 68,485.71$ G 2505 SENIOR LIBRARY ASSISTANT 1/10/2022 45,015.17$ 47,266.03$ 49,629.29$ 52,110.81$ 54,716.24$ G 2017 SENIOR PAYROLL TECHNICIAN 1/10/2022 57,284.65$ 60,148.95$ 63,156.39$ 66,314.31$ 69,629.92$ G 2069 SENIOR PERMIT TECHNICIAN 1/10/2022 56,621.94$ 59,453.71$ 62,426.36$ 65,547.79$ 68,825.06$ B 1305 SENIOR PLANNER 1/10/2022 86,085.91$ 90,390.67$ 94,909.37$ 99,655.73$ 104,638.26$ G 2025 SENIOR POLICE ADMINISTRATIVE CLERK 1/10/2022 45,381.71$ 47,650.95$ 50,033.34$ 52,534.91$ 55,161.75$ B 1335 SENIOR POWER ENGINEER 1/10/2022 126,029.75$ 132,331.26$ 138,947.74$ 145,895.13$ 153,189.94$ B 1215 SENIOR PROGRAMMER/ANALYST 1/10/2022 87,966.46$ 92,364.63$ 96,983.47$ 101,833.83$ 106,925.52$ M 4140 SENIOR STOREKEEPER 1/10/2022 52,531.40$ 55,157.91$ 57,915.84$ 60,811.62$ 63,852.26$ B 1275 SENIOR TRAFFIC ENGINEER 1/10/2022 114,510.99$ 120,240.06$ 126,251.84$ 132,566.68$ 139,188.07$ B 1276 SENIOR TRANSPORTATION PLANNER 1/10/2022 86,085.91$ 90,390.46$ 94,909.97$ 99,655.48$ 104,638.26$ M 4035 SERVICE WRITER 1/10/2022 44,389.93$ 46,609.38$ 48,939.82$ 51,386.94$ 53,956.28$ M 4110 STREET MAINTENANCE SUPERVISOR 1/10/2022 68,031.10$ 71,432.70$ 75,004.35$ 78,754.46$ 82,692.26$ M 4082 STREET MAINTENANCE WORKER I 1/10/2022 44,359.74$ 46,578.85$ 48,907.02$ 51,352.15$ 53,922.09$ M 4083 STREET MAINTENANCE WORKER II 1/10/2022 48,787.56$ 51,227.02$ 53,788.37$ 56,477.78$ 59,301.63$ M 4100 STREET MAINTENANCE WORKER III 1/10/2022 53,672.31$ 56,355.87$ 59,173.60$ 62,132.39$ 65,238.97$ I 6565 SUBSTATION TECHNICIAN 1/10/2022 141,518.78$ 148,599.88$ I 6560 SUBSTATION/METERING SUPERVISOR 1/10/2022 169,102.44$ B 1205 SUPERVISING ACCOUNTANT 1/10/2022 84,139.07$ 88,345.93$ 92,763.34$ 97,401.52$ 102,271.54$ G 2013 SUPERVISING CUSTOMER SERVICE REP 1/2/2017 44,103.95$ 46,309.20$ 48,624.65$ 51,055.97$ 53,608.68$ M 4120 TRAFFIC SIGN/MAKING WORKER 1/10/2022 46,470.76$ 48,794.16$ 51,233.91$ 53,795.57$ 56,485.43$ B 1295 TRANSPORTATION MANAGER 1/10/2022 105,540.09$ 110,820.29$ 116,360.23$ 122,181.28$ 128,283.92$ I 6521 TROUBLESHOOTING SUPVERVISOR 1/10/2022 156,653.64$ B 1267 UTILITIES MANAGER 1/10/2022 129,106.27$ 135,561.70$ 142,339.80$ 149,456.63$ 156,929.58$ B 1280 UTILITIES SUPERINTENDENT - PW 1/10/2022 117,373.90$ 123,242.59$ 129,404.79$ 135,875.02$ 142,668.78$ G 2015 UTILITY BILLING SPECIALIST 1/10/2022 47,342.72$ 49,709.87$ 52,195.35$ 54,805.12$ 57,545.37$ I 6530 UTILITY EQUIPMENT SPECIALIST 1/10/2022 79,681.42$ 83,677.62$ 87,872.20$ 92,253.20$ 96,876.52$ I 6570 UTILITY WAREHOUSE SUPERVISOR 1/10/2022 90,238.72$ 94,749.72$ 99,489.78$ 104,463.32$ 109,683.60$ M 4085 W/WW MAINTENANCE WORKER I 1/10/2022 44,359.74$ 46,578.85$ 48,907.02$ 51,352.15$ 53,922.09$ M 4086 W/WW MAINTENANCE WORKER II 1/10/2022 48,787.56$ 51,227.02$ 53,788.37$ 56,477.78$ 59,301.63$ M 4212 W/WW MAINTENANCE WORKER III 1/10/2022 53,672.31$ 56,355.73$ 59,173.76$ 62,132.39$ 65,238.97$ M 4150 WASTEWATER OPERATIONS SUPERVISOR 1/10/2022 76,809.50$ 80,649.90$ 84,682.45$ 88,916.49$ 93,362.41$ M 4170 WASTEWATER PLANT OPERATOR I 1/10/2022 55,176.01$ 57,934.86$ 60,831.54$ 63,873.13$ 67,066.82$ M 4172 WASTEWATER PLANT OPERATOR II 1/10/2022 60,695.23$ 63,730.07$ 66,916.54$ 70,262.34$ 73,775.40$ B 1285 WASTEWATER PLANT SUPERINTENDENT 1/10/2022 110,595.64$ 116,125.56$ 121,931.48$ 128,028.07$ 134,429.45$ M 4200 WATER PLANT OPERATOR II 1/10/2022 60,695.23$ 63,730.07$ 66,916.54$ 70,262.34$ 73,775.40$ M 4201 WATER PLANT OPERATOR III 1/10/2022 66,764.92$ 70,103.04$ 73,608.13$ 77,288.63$ 81,153.00$ B 1290 WATER PLANT SUPERINTENDENT 1/10/2022 110,595.64$ 116,125.56$ 121,931.48$ 128,028.07$ 134,429.45$ G 2206 WATER SERVICES TECHNICIAN I 1/10/2022 70,824.21$ 74,365.42$ 78,083.69$ 81,987.81$ 86,087.18$ G 2207 WATER SERVICES TECHNICIAN II 1/10/2022 77,906.51$ 81,801.80$ 85,891.92$ 90,186.58$ 94,695.94$ M 4180 WATER/WASTEWATER SUPVERVISOR 1/10/2022 73,150.60$ 76,810.41$ 80,647.61$ 84,682.45$ 88,917.42$ G 2209 WATERSHED PROGRAM COORDINATOR 1/10/2022 45,541.76$ 47,818.73$ 50,209.62$ 52,720.14$ 55,356.24$ M 4173 WATEWATER PLANT OPERRATOR III 1/10/2022 66,764.92$ 70,103.04$ 73,608.13$ 77,288.63$ 81,153.00$ M 4220 WELDER-MECHANIC 1/10/2022 55,928.70$ 58,727.26$ 61,663.95$ 64,746.94$ 67,984.02$ G 2028 YOUTH OUTREACH WORKER 1/10/2022 49,742.86$ 52,743.22$ 55,901.51$ 59,243.96$ 63,402.41$ BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 PT 7000 PT-ACCOUNTANT 1/1/2014 39.60$ -$ -$ -$ -$ Hourly Rate of Pay
BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 PT 7045 PT-ADMINISTRATIVE CLERK 1/10/2022 18.74$ 19.68$ 20.66$ 21.69$ 22.78$ PT 7040 PT-ADMINISTRATIVE SUPPORT WORKER 1/1/2022 16.00$ 16.80$ 17.64$ PT 7170 PT-AQUAT FITNESS INSTRUCTOR 1/1/2022 16.00$ 16.00$ 16.80$ PT 7160 PT-AQUATICS COORDINATOR 1/10/2022 24.68$ 25.92$ 27.21$ 28.57$ 30.00$ PT 7550 PT-ASSISTANT ANIMAL SERVICES OFFICER 1/10/2022 21.15$ 22.20$ 23.31$ 24.48$ 25.70$ PT 7310 PT-BOAT OPERATOR 1/1/2022 18.00$ 18.90$ 19.85$ 20.84$ 21.88$ PT 7180 PT-CASHIER 1/1/2022 15.00$ 15.75$ PT 7620 PT-CODE ENFORCEMENT OFFICER 1/1/2014 21.61$ 22.69$ 23.82$ 25.01$ 26.26$ PT 7640 PT-CONSULTANT 9/26/2019 25.00$ 100.00$ PT 7500 PT-COUNCILMEMBER 1/1/2014 396.96$ PT 7590 PT-COURT LIAISON 1/1/2022 21.06$ 22.11$ 23.22$ 24.38$ 25.60$ PT 7595 PT-CSO 3/11/2019 22.83$ 23.97$ 25.17$ 26.43$ 27.75$ PT 7010 PT-CUSTOMER SERVICE REP 1/10/2022 18.81$ 19.75$ 20.74$ 21.78$ 22.87$ PT 7720 PT-DEPUTY CITY CLERK-RET 10/31/2019 23.38$ 24.55$ 25.78$ 27.06$ 28.42$ PT 7490 PT-DEPUTY WATER CONSERVATION OFF 1/1/2022 15.00$ 15.75$ 16.54$ PT 7060 PT-DOCENT COORDINATOR 1/1/2022 16.00$ 16.80$ 17.64$ 18.52$ PT 7121 PT-ELECTRIC DISTRIBUTION OPERATOR II 7/21/2021 61.21$ 64.28$ PT 7100 PT-ELECTRICAL ESTIMATATOR 1/1/2014 62.35$ PT 7090 PT-ELECTRICAL TECHNICIAN 1/1/2014 57.42$ PT 7250 PT-EVENT ATTENDANT 1/1/2022 16.00$ 16.80$ 17.64$ 18.52$ 19.45$ PT 7455 PT-FACILITY MAINTENANCE WORKER 1/10/2022 24.63$ 25.86$ 27.15$ 28.51$ 29.93$ PT 7460 PT-FACILITY SUPERVISOR 1/1/2022 15.00$ 15.75$ 16.54$ 17.36$ PT 7115 PT-FIELD SERVICES REP 1/10/2022 25.58$ 26.86$ 28.20$ 29.61$ 31.09$ PT 7020 PT-FINANCE TECHNICIAN 1/10/2022 25.04$ 26.29$ 27.60$ 28.98$ 30.43$ PT 7740 PT-FLEET SUPERINTENDENT-RET 1/10/2022 38.01$ 39.91$ 41.90$ 44.00$ 46.20$ PT 7320 PT-GATE ATTENDANT 1/1/2022 15.00$ 15.75$ PT 7450 PT-HEAVY EQUIPMENT MECHANIC 1/10/2022 26.89$ 28.23$ 29.65$ 31.13$ 32.68$ PT 7230 PT-HOUSE MANAGER 1/1/2022 15.00$ 15.75$ 16.54$ 17.36$ 18.23$ PT 7303 PT-INSTR.SWIM 1/1/2022 16.00$ 16.80$ PT 7070 PT-INTERN 1/1/2022 15.00$ 18.00$ 21.00$ 25.00$ 30.00$ PT 7302 PT-KENNEL TECHNICIAN 1/1/2022 17.35$ 18.22$ 19.13$ 20.09$ 21.09$ PT 7290 PT-LABORER A 1/1/2022 16.00$ 16.80$ PT 7300 PT-LABORER B 1/1/2022 16.80$ 17.64$ 18.52$ 19.45$ 20.42$ PT 7710 PT-LEGAL SECRETARY-RET 10/31/2019 25.78$ 27.07$ 28.43$ 29.85$ 31.34$ PT 7430 PT-LIBRARIAN II 1/10/2022 32.36$ 33.98$ 35.68$ 37.47$ 39.34$ PT 7410 PT-LIBRARY AIDE 1/1/2022 15.00$ 15.75$ 16.54$ 17.37$ PT 7420 PT-LIBRARY ASSCOCIATE 1/1/2022 18.65$ 19.58$ 20.56$ 21.59$ 22.67$ PT 7445 PT-LIBRARY ASSISTANT 1/10/2022 19.68$ 20.66$ 21.69$ 22.78$ 23.92$ PT 7200 PT-LIFEGUARD 1/1/2022 16.00$ 16.80$ PT 7220 PT-LYC COORDINATOR 1/1/2014 16.00$ 16.79$ 17.62$ 18.51$ 19.44$ PT 7480 PT-MANAGEMENT ANALYST 1/10/2022 34.21$ 35.92$ 37.72$ 39.61$ 41.49$ PT 7650 PT-MARKETING COORDINATOR 2/12/2018 22.55$ 23.74$ 24.99$ 26.31$ 27.69$ PT 7110 PT-METER READER 1/1/2014 18.14$ 19.32$ 20.28$ 21.30$ 22.36$ PT 7330 PT-PARK ATTENDANT 1/1/2022 15.00$ 15.75$ PT 7585 PT-PARKING ENFORCEMENT OFFICER 1/10/2022 21.31$ 22.37$ 23.49$ 24.67$ 25.90$ PT 7005 PT-PIO RET ANN 3/17/2020 65.00$ PT 7510 PT-PLANNING COMMISSION 1/1/2014 20.00$ PT 7570 PT-POLICE CHAPLAIN 1/1/2014 20.00$ PT 7560 PT-POLICE OFFICER 7/12/2021 40.74$ PT 7600 PT-POLICE OFFICER/CRIME ANALYST 7/12/2021 40.74$ PT 7561 PT-POLICE OFFICER/RET ANNU 7/12/2021 40.74$ PT 7580 PT-POLICE RECORDS CLERK 1/10/2022 18.60$ 19.53$ 20.51$ 21.53$ 22.61$ PT 7630 PT-PROF STANDARDS OFFICER 1/1/2014 50.00$ 55.00$ PT 7260 PT-PROGRAM COORDINATOR 1/10/2022 21.90$ 22.99$ 24.14$ 25.35$ 26.61$ BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 PT 7520 PT-PROGRAM/ANALYST 4/1/2018 28.00$ 29.40$ 30.87$ 32.41$ 34.03$ PT 7575 PT-PROPERTY & EVIDENCE TECHNICIAN 1/10/2022 25.43$ 26.70$ 28.04$ 29.44$ 30.91$ PT 7360 PT-RECREATION LEADER 1/1/2022 15.00$ 15.75$ PT 7400 PT-RECREATION SCORKEEPER 1/1/2022 15.00$ 15.75$ PT 7370 PT-RECREATION SPECIALIST 1/1/2022 16.75$ 17.59$ PT 7240 PT-RENTAL CONSULTANT 1/1/2022 16.00$ 16.80$ 17.64$ 18.52$ 19.45$ PT 7270 PT-SCENE TECHNICIAN 1/1/2022 16.00$ 16.80$ 17.64$ 18.52$ 19.45$ PT 7391 PT-SPORTS OFFICIAL (ADULT) 6/1/2018 25.00$ PT 7390 PT-SPORTS OFFICIAL (YOUTH) 1/1/2022 15.00$ 17.00$ 19.00$ 21.00$ 25.00$ PT 7030 PT-SR ADMINISTRATIVE CLERK 1/10/2022 20.61$ 21.64$ 22.72$ 23.86$ 25.05$ PT 7470 PT-SR CIVIL ENGINEER 1/1/2014 37.84$ 39.73$ 41.72$ 43.80$ 45.99$ PT 7210 PT-SR LIFEGUARD 1/1/2022 17.64$ 18.52$ 19.44$ PT 7540 PT-SR PROGRAMMAR/ANALYST 6/1/2016 32.46$ 34.08$ 35.79$ 37.58$ 39.46$ PT 7280 PT-STAGE TECHNICIAN 1/1/2014 21.20$ 22.26$ 23.37$ 24.54$ 25.77$ PT 7605 PT-SUPPORT SERVICES OFFICER 6/7/2017 32.74$ PT 7530 PT-TECHNOLOGY SUPPORT SPECIALIST 3/6/2017 23.04$ 24.19$ 25.40$ 26.67$ 28.00$ PT 7130 PT-UTILITY EQQUIPMENT SPECIALIST 1/1/2014 28.06$ 29.47$ 30.95$ 32.49$ 34.12$ PT 7120 PT-UTILITY SERVICES OP II 1/1/2014 60.89$ PT 7565 PT-VOLUNTEER PROGRAM SUPERVISOR 3/8/2018 23.00$ 24.15$ 25.36$ 26.63$ 27.96$ PT 7730 PT-WW PLANT OPERATOR II-RET 1/10/2022 29.18$ 30.64$ 32.17$ 33.78$ 35.47$ PT 7660 PT-YOUTH OUTRCHREACH WORKER 1/10/2022 23.92$ 25.36$ 26.88$ 28.48$ 30.48$ RESOLUTION NO. 2022-____

A RESOLUTION OF THE LODI CITY COUNCIL APPROVING THE CITY OF LODI PAY SCHEDULE EFFECTIVE MARCH 2, 2022, PURSUANT TO PUBLIC EMPLOYEES’ RETIREMENT LAW, GOVERNMENT CODE SECTIONS 20636 AND 20636.1 AND CALIFORNIA CODE OF REGULATIONS SECTION 570.5

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WHEREAS, the City of Lodi contracts with California Public Employees’ Retirement System (CalPERS) to provide retirement benefits for its employees who are members; and

WHEREAS, all employers must comply with compensation earnable provisions and corresponding regulations of the Public Employees’ Retirement Law (PERL) and California Code of Regulations, Section 570.5; and

WHEREAS, the regulations require employers to r eview their pay schedules and to verify that all members’ pay amounts are accurately reported and approved by the governing body in accordance with requirements of applicable public meeting laws; and

WHEREAS, the Human Resources Manager verifies that the attached pay schedule, dated March 2, 2022, conforms with the requirements under the PERL and the California Code of Regulations.

NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby approve the City of Lodi pay schedule dated Mar ch 2, 2022, attached hereto and made a part of this Resolution.

Dated: March 2, 2022
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I hereby certify that Resolution No. 202 2-_____ was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 2, 2022, by the following vote:

AYES: COUNCIL MEMBERS –

NOES: COUNCIL MEMBERS –

ABSENT: COUNCIL MEMBERS –

ABSTAIN: COUNCIL MEMBERS –

PAMELA M. FARRIS
Assistant City Clerk

2022-_____
BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 G 2000 ACCOUNT CLERK 1/10/2022 43,038.81$ 45,190.69$ 47,450.21$ 49,822.73$ 52,313.98$ B 1200 ACCOUNTANT 1/10/2022 71,483.73$ 75,057.25$ 78,810.74$ 82,751.51$ 86,888.68$ CM 1540 ACCOUNTING MANAGER 1/10/2022 126,164.77$ 132,472.99$ 139,096.70$ 146,051.52$ 153,354.12$ G 2702 ADMINISTRATIVE ASSISTANT 1/10/2022 51,842.37$ 54,434.57$ 57,156.31$ 60,014.10$ 63,014.77$ CGS 1970 ADMINISTRATIVE ASSISTANT-C 1/10/2022 51,842.37$ 54,434.57$ 57,156.31$ 60,014.10$ 63,014.77$ G 2700 ADMINISTRATIVE CLERK 1/10/2022 38,974.19$ 40,922.93$ 42,969.12$ 45,117.52$ 47,373.40$ CGS 1900 ADMINISTRATIVE CLERK - C 1/10/2022 41,325.53$ 43,391.81$ 45,561.41$ 47,839.49$ 50,231.45$ G 2021 ANIMAL SERVICES SUPERVISOR 1/10/2022 50,579.05$ 53,108.10$ 55,763.47$ 58,551.58$ 61,479.20$ G 2603 AQUATIC COORDINATOR 1/10/2022 51,338.86$ 53,905.87$ 56,601.17$ 59,431.20$ 62,402.69$ G 2020 ASSISTANT ANIMAL SERVICE 1/10/2022 43,982.96$ 46,182.06$ 48,491.25$ 50,915.82$ 53,461.59$ CM 1500 ASSISTANT CITY CLERK 1/10/2022 64,326.05$ 67,542.35$ 70,919.46$ 74,465.43$ 78,188.69$ B 1300 ASSISTANT ENG/PLANS EXAMINER 1/10/2022 85,036.28$ 89,288.15$ 93,752.55$ 98,440.15$ 103,362.03$ B 1230 ASSISTANT ENGINEER 1/10/2022 92,264.39$ 96,877.62$ 101,721.48$ 106,807.58$ 112,147.78$ B 1235 ASSISTANT PLANNER 1/10/2022 64,256.41$ 67,469.21$ 70,842.63$ 74,384.71$ 78,103.94$ B 1240 ASSOCIATE CIVIL ENGINEER 1/10/2022 101,490.73$ 106,565.22$ 111,893.43$ 117,488.22$ 123,362.55$ B 1245 ASSOCIATE PLANNER 1/10/2022 70,682.02$ 74,216.22$ 77,926.94$ 81,823.32$ 85,914.42$ CM 1575 BUDGET ANALYST 1/10/2022 73,264.36$ 76,927.59$ 80,773.95$ 84,812.65$ 89,053.28$ CM 1511 BUDGET MANAGER 1/10/2022 126,164.77$ 132,472.99$ 139,096.70$ 146,051.52$ 153,354.12$ G 2072 BUILDING INSPECTOR I 1/10/2022 59,861.04$ 62,706.83$ 65,842.18$ 69,134.39$ 72,591.03$ G 2073 BUILDING INSPECTOR II 1/10/2022 65,692.92$ 68,977.52$ 72,426.43$ 76,047.83$ 79,850.19$ M 4701 BUILDINGG SERVICES SUPERVISOR 1/10/2022 61,977.68$ 65,076.45$ 68,330.24$ 71,746.87$ 75,334.32$ CM 1530 BUSINESS DEVELOPMENT MANAGER 1/10/2022 103,454.56$ 108,627.29$ 114,058.65$ 119,761.58$ 125,749.65$ G 2075 CDD PROGRAM SPECIALIST 1/10/2022 64,787.82$ 68,027.21$ 71,428.57$ 75,000.00$ 78,750.00$ B 1310 CHIEF BUILDING OFFICIAL 1/10/2022 117,972.80$ 123,870.39$ 130,064.28$ 136,566.56$ 143,395.91$ CA 1002 CITY ATTORNEY 1/10/2022 215,641.69$ CA 1003 CITY CLERK 1/10/2022 132,831.59$ B 1250 CITY ENGINEER/DEP PW DIRECTOR 1/10/2022 135,063.88$ 141,816.97$ 148,907.55$ 156,353.31$ 164,073.34$ CA 1001 CITY MANAGER 1/10/2022 236,095.76$ B 1306 CITY PLANNER 1/10/2022 102,585.04$ 107,713.38$ 113,099.38$ 118,753.53$ 124,692.09$ A 1170 COMMUNITY DEVELOPMENT DIRECTOR 1/10/2022 162,513.81$ G 2032 COMMUNITY IMPROVEMENT OFFICER I 1/10/2022 56,877.03$ 59,720.88$ 62,706.92$ 65,842.28$ 69,134.38$ G 2022 COMMUNITY IMPROVEMENT OFFICER II 1/10/2022 62,564.70$ 65,692.92$ 68,977.52$ 72,426.43$ 76,047.83$ S 6400 COMMUNITY SERVICE OFFICER 7/12/2021 52,899.63$ 55,544.63$ 58,321.98$ 61,238.04$ 64,299.85$ B 1255 COMPLIANCE ENGINEER 1/10/2022 101,490.73$ 106,565.22$ 111,893.43$ 117,488.22$ 123,362.55$ B 1260 CONSTRUCTION PROJECT MANAGER 1/10/2022 89,213.50$ 93,674.26$ 98,357.90$ 103,275.75$ 108,439.58$ I 6550 CONSTRUCTION/MAINT SUPERVISOR 1/10/2022 172,323.32$ G 2011 CUSTOMER SERVICE REPRESENTATIVE I 1/10/2022 39,126.35$ 41,082.66$ 43,136.75$ 45,293.49$ 47,558.19$ G 2012 CUSTOMER SERVICE REPRESENTATIVE II 1/10/2022 43,038.81$ 45,190.69$ 47,450.21$ 49,822.73$ 52,313.98$ B 1210 CUSTOMER SERVICE SUPERVISOR 1/10/2022 66,429.06$ 69,750.58$ 73,238.11$ 76,900.14$ 80,744.97$ CM 1520 DEPUTY CITY ATTORNEY 1/10/2022 130,176.18$ 136,684.95$ 143,519.20$ 150,695.15$ 158,229.91$ A 1100 DEPUTY CITY MANAGER 1/10/2022 199,717.12$ B 1375 DEPUTY DIRECTOR PRCS 1/10/2022 101,288.65$ 106,353.08$ 111,670.72$ 117,254.26$ 123,116.97$ FM 6120 DEPUTY FIRE CHIEF 7/12/2021 138,811.66$ 145,752.15$ 153,039.76$ 160,691.79$ 168,726.38$ PM 6430 DISPATCH SUPERVISOR 7/12/2021 79,598.65$ 83,578.72$ 87,757.66$ 92,145.49$ 96,752.75$ S 6410 DISPATCHER/JAILER 7/12/2021 60,198.90$ 63,208.77$ 66,369.30$ 69,687.71$ 73,172.08$ I 6503 ELECTRIC APPARATUS MECHANIC 1/10/2022 91,623.48$ 96,208.58$ 101,043.54$ 106,082.34$ 111,409.48$ I 6535 ELECTRIC DISTRIBUTION OP SUPERVISOR 1/10/2022 147,060.42$ 154,426.48$ I 6531 ELECTRIC DISTRIBUTION OPERATOR I 1/10/2022 109,988.06$ 115,487.32$ 121,651.40$ 127,325.12$ 133,691.22$ I 6532 ELECTRIC DISTRIBUTION OPERATOR II 1/10/2022 133,691.22$ 140,375.82$ I 6509 ELECTRIC DRAFTING TECHNICIAN 1/10/2022 77,210.38$ 81,076.84$ 85,118.28$ 89,379.42$ 93,849.86$ B 1343 ELECTRICAL ENGINEER 1/10/2022 114,571.39$ 120,300.04$ 126,314.91$ 132,630.72$ 139,262.26$ Annual Rate of Pay
City of Lodi
Salary Schedule Effective March 2, 2022
BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 I 6505 ELECTRIC FOREPERSON 1/10/2022 156,653.64$ I 6500 ELECTRIC GROUNDWORKER 1/10/2022 72,447.18$ 76,068.20$ 79,867.84$ 83,871.32$ 88,053.42$ I 6501 ELECTRIC LINE APPRENTICE I 1/10/2022 88,217.48$ 92,628.12$ 97,259.50$ 102,122.54$ 107,228.42$ I 6502 ELECTRIC LINE APPRENTICE II 1/10/2022 117,951.86$ 123,849.70$ I 6504 ELECTRIC LINEPERSON 1/10/2022 129,723.62$ 136,237.66$ I 6507 ELECTRIC MATERIALS TECHNICIAN 1/10/2022 82,035.20$ 86,135.66$ 90,445.16$ 94,966.56$ 99,712.34$ I 6520 ELECTRIC TROUBLESHOOTER 1/10/2022 139,421.62$ B 1341 ELECTRIC UTILITY BUSINESS ANALYST 1/10/2022 85,786.95$ 90,076.56$ 94,580.41$ 99,309.43$ 104,274.89$ A 1103 ELECTRIC UTILITY DIRECTOR 1/10/2022 214,029.72$ B 1328 ELECTRIC UTILITY RESOURCES ANALYST 1/10/2022 112,768.22$ 118,406.60$ 124,326.96$ 130,543.29$ 137,070.46$ B 1330 ELECTRIC UTILITY SUPERINTENDENT 1/10/2022 155,408.69$ 163,179.12$ 171,338.09$ 179,904.99$ 188,900.23$ I 6554 ELECTRICAL ENGINEERING TECHNICIAN 1/10/2022 84,942.52$ 89,175.58$ 93,637.96$ 98,329.92$ 103,225.98$ I 6511 ELECTRICAL TECHNICIAN 1/10/2022 122,252.52$ 128,363.56$ 134,780.62$ 141,518.78$ 148,599.88$ I 6506 ELECTRICIAN 1/10/2022 104,946.48$ 110,216.40$ G 2199 ENGINEERING AID 1/10/2022 47,374.15$ 49,742.86$ 52,230.01$ 54,841.49$ 57,583.60$ G 2200 ENGINEERING TECHNICIAN I 1/10/2022 60,288.47$ 63,302.81$ 66,467.92$ 69,791.39$ 73,280.97$ G 2201 ENGINEERING TECHNICIAN II 1/10/2022 66,317.30$ 69,633.02$ 73,114.72$ 76,770.42$ 80,608.94$ M 4160 ENVIRONMENTAL COMPLIANCE INSP 1/10/2022 63,603.88$ 66,784.08$ 70,123.26$ 73,629.43$ 77,310.87$ M 4000 EQUIPMENT SERVICE WORKER 1/10/2022 46,603.54$ 48,933.70$ 51,380.34$ 53,949.36$ 56,646.89$ G 2605 EVENTS COORDINATOR 1/10/2022 61,375.95$ 64,444.65$ 67,666.84$ 71,050.31$ 74,602.91$ CGS 1955 EXECUTIVE ADMINISTRATIVE ASSISTANT 1/10/2022 65,182.91$ 68,442.07$ 71,864.17$ 75,457.37$ 79,230.24$ M 4055 FACILITIES MAINTENANCE WORKER 1/10/2022 51,221.27$ 53,782.30$ 56,471.46$ 59,295.04$ 62,259.76$ B 1393 FACILITIES SUPERINTENDENT 1/10/2022 85,152.20$ 89,409.82$ 93,880.30$ 98,574.32$ 103,503.03$ M 4050 FACILITIES SUPERVISOR 1/10/2022 64,799.24$ 68,039.22$ 71,441.13$ 75,013.24$ 78,763.82$ G 2050 FIELD SERVICES REPRESENTATIVE 1/10/2022 53,207.25$ 55,867.64$ 58,661.05$ 61,594.14$ 64,673.76$ G 2051 FIELD SERVICES SUPERVISOR 1/10/2022 61,248.11$ 64,310.56$ 67,526.09$ 70,902.25$ 74,447.40$ G 2014 FINANCE TECHNICIAN 1/10/2022 52,076.96$ 54,680.86$ 57,414.89$ 60,285.74$ 63,299.91$ FM 6100 FIRE BATTALION CHIEF - 80 7/12/2021 115,676.47$ 121,460.23$ 127,533.24$ 133,909.87$ 140,605.40$ FM 6101 FIRE BATTALION CHIEF -112 7/12/2021 115,676.47$ 121,460.23$ 127,533.24$ 133,909.87$ 140,605.40$ F 6040 FIRE CAPTAIN - 112 1/10/2022 99,411.32$ 104,381.79$ 109,600.85$ 115,080.69$ 120,834.98$ F 6041 FIRE CAPTAIN - 80 1/10/2022 99,411.32$ 104,381.79$ 109,600.85$ 115,080.69$ 120,834.98$ F 6042 FIRE CAPTAIN - ACTING 1/10/2022 96,515.84$ 101,341.58$ 106,408.52$ 111,728.95$ 117,315.42$ A 1102 FIRE CHIEF 7/12/2021 188,680.92$ F 6021 FIRE ENGINEER - 112 1/10/2022 85,875.25$ 90,168.97$ 94,677.46$ 99,411.32$ 104,381.79$ F 6020 FIRE ENGINEER - 80 1/10/2022 85,875.25$ 90,168.97$ 94,677.46$ 99,411.32$ 104,381.79$ F 6000 FIREFIGHTER I - 112 1/10/2022 67,285.40$ F 6001 FIREFIGHTER I - 80 1/10/2022 67,285.40$ F 6002 FIREFIGHTER II - 112 1/10/2022 74,181.68$ 77,890.71$ 81,785.09$ 85,874.46$ 90,168.02$ F 6003 FIREFIGHTER II - 80 1/10/2022 74,181.68$ 77,890.71$ 81,785.09$ 85,874.46$ 90,168.02$ B 1395 FLEET SUPERINTENDENT 1/10/2022 79,055.91$ 83,008.68$ 87,159.18$ 91,517.15$ 96,092.90$ M 4020 HEAVY EQUIPMENT MECHANIC 1/10/2022 55,930.09$ 58,726.64$ 61,662.89$ 64,746.03$ 67,983.41$ CM 1550 HUMAN RESOURCES MANAGER 1/10/2022 126,164.77$ 132,472.99$ 139,096.70$ 146,051.52$ 153,354.12$ CGS 1930 HUMAN RESOURCES TECHNICIAN 1/10/2022 54,992.25$ 57,741.85$ 60,628.94$ 63,660.40$ 66,843.41$ G 2400 INFORMATION SYSTEMS SPECIALIST 1/10/2022 59,147.70$ 62,105.23$ 65,214.47$ 68,470.83$ 71,894.38$ B 1226 INFORMATION TECHNOLOGY MANAGER 1/10/2022 122,547.60$ 128,674.96$ 135,108.77$ 141,864.21$ 148,957.41$ G 2203 JUNIOR ENGINEER 1/10/2022 78,784.84$ 82,724.12$ 86,860.23$ 91,203.26$ 95,763.42$ G 2208 JUNIOR PLANNER 1/10/2022 59,532.62$ 62,509.15$ 65,634.62$ 68,916.35$ 72,362.20$ G 2071 JUNIOR PLANS EXAMINER/ENGINEER 1/10/2022 65,692.92$ 68,977.52$ 72,426.43$ 76,047.83$ 79,850.19$ G 2210 JUNIOR TRANSPORTATION PLANNER 1/10/2022 59,532.62$ 62,509.15$ 65,634.62$ 68,916.35$ 72,362.20$ M 4075 LABORATORY SUPERVISOR 1/10/2022 76,809.50$ 80,649.98$ 84,682.45$ 88,916.57$ 93,362.41$ M 4070 LABORATORY TECHNICIAN I 1/10/2022 50,661.68$ 53,194.86$ 55,854.65$ 58,647.39$ 61,579.63$ M 4071 LABORATORY TECHNICIAN II 1/10/2022 55,723.53$ 58,509.69$ 61,435.20$ 64,507.01$ 67,732.26$ S 6420 LEAD DISPATCHER 7/12/2021 63,840.42$ 67,032.40$ 70,383.99$ 73,903.21$ 77,598.27$ I 6508 LEAD ELECTRICIAN 1/10/2022 121,238.53$ BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 M 4010 LEAD EQUIPMENT MECHANIC 1/10/2022 61,523.07$ 64,599.28$ 67,829.17$ 71,220.64$ 74,781.71$ B 1350 LIBRARIAN I 1/10/2022 61,196.45$ 64,256.24$ 67,469.06$ 70,842.48$ 74,384.71$ B 1351 LIBRARIAN II 1/10/2022 67,316.17$ 70,682.02$ 74,216.04$ 77,926.94$ 81,823.16$ G 2500 LIBRARY ASSISTANT 1/10/2022 40,923.06$ 42,969.12$ 45,117.66$ 47,373.54$ 49,742.09$ A 1105 LIBRARY DIRECTOR 1/10/2022 143,136.96$ G 2510 LIBRARY TECHNICNICIAN 1/10/2022 51,767.46$ 54,355.81$ 57,073.63$ 59,927.32$ 62,923.65$ B 1357 LITERACY/PROGRAM MANAGER 1/10/2022 64,583.91$ 67,813.10$ 71,203.79$ 74,763.96$ 78,502.14$ M 4080 MAINTENANCE WORKER I 1/10/2022 44,359.74$ 46,578.85$ 48,907.02$ 51,352.15$ 53,922.09$ M 4081 MAINTENANCE WORKER II 1/10/2022 48,787.56$ 51,227.02$ 53,788.37$ 56,477.78$ 59,301.63$ B 1380 MANAGEMENT ANALYST 1/10/2022 71,163.85$ 74,722.02$ 78,457.35$ 82,381.74$ 86,500.11$ CM 1570 MANAGEMENT ANALYST-C 1/10/2022 73,264.36$ 76,927.59$ 80,773.95$ 84,812.65$ 89,053.28$ B 1320 MANAGER ENGINEERING & OPERATIONS 1/10/2022 155,408.69$ 163,179.12$ 171,338.09$ 179,904.99$ 188,900.23$ I 6540 METERING TECHNICIAN 1/10/2022 119,707.38$ B 1315 NEIGHBORHOOD SERVICES MANAGER 1/10/2022 102,613.18$ 107,742.46$ 113,130.37$ 118,786.76$ 124,726.24$ B 1220 NETWORK ADMINISTRATOR 1/10/2022 96,778.30$ 101,617.06$ 106,698.48$ 112,033.41$ 117,635.13$ G 2401 NETWORK TECHNICIAN 1/10/2022 70,932.32$ 74,479.00$ 78,202.89$ 82,113.08$ 86,218.83$ M 4710 PARK MAINTENANCE WORKER I 1/10/2022 42,250.08$ 44,362.65$ 46,580.70$ 48,909.76$ 51,355.21$ M 4711 PARK MAINTENANCE WORKER II 1/10/2022 46,470.76$ 48,794.16$ 51,233.91$ 53,795.57$ 56,485.43$ M 4712 PARK MAINTENANCE WORKER III 1/10/2022 51,119.25$ 53,702.97$ 56,358.94$ 59,176.95$ 62,135.77$ M 4740 PARK SUPERVISOR 1/10/2022 64,799.24$ 68,039.22$ 71,441.13$ 75,013.24$ 78,763.82$ G 2027 PARKING ENFORCEMENT ASSISTANT 1/10/2022 44,321.72$ 46,537.83$ 48,864.76$ 51,308.04$ 53,873.37$ B 1360 PARKS & PROPERTY SUPERINTENDENT 1/10/2022 88,077.16$ 92,481.00$ 97,105.04$ 101,960.30$ 107,058.30$ G 2600 PARKS PROJECT COORDINATOR 1/10/2022 72,948.92$ 76,596.41$ 80,426.14$ 84,447.48$ 88,669.84$ M 4030 PARTS CLERK 1/10/2022 44,389.93$ 46,609.38$ 48,939.82$ 51,386.94$ 53,956.28$ G 2016 PAYROLL TECHNICIAN 1/10/2022 52,076.96$ 54,680.86$ 57,414.89$ 60,285.74$ 63,299.91$ G 2070 PERMIT TECHNICIAN 1/10/2022 49,236.47$ 51,698.88$ 54,283.79$ 56,998.08$ 59,847.97$ M 4130 PLANT & EQUIPMENT MAINT TECH 1/10/2022 57,820.63$ 60,710.56$ 63,744.48$ 66,930.65$ 70,277.37$ P 6200 POLCE OFFICER TRAINEE 7/12/2021 69,030.33$ 72,481.79$ 76,105.95$ 79,911.26$ 83,906.80$ PM 6300 POLICE CAPTAIN 7/12/2021 147,841.03$ 155,232.92$ 162,994.63$ 171,144.26$ 179,701.51$ A 1101 POLICE CHIEF 7/12/2021 228,247.86$ P 6220 POLICE CORPORAL 7/12/2021 89,817.29$ 94,308.23$ 99,023.69$ 103,974.84$ 109,173.53$ PM 6310 POLICE LIEUTENANT 7/12/2021 123,200.90$ 129,360.80$ 135,828.83$ 142,620.31$ 149,751.26$ P 6210 POLICE OFFICER 7/12/2021 84,733.33$ 88,970.00$ 93,418.54$ 98,089.52$ 102,993.95$ G 2024 POLICE RECORDS CLERK 1/10/2022 38,684.50$ 40,618.64$ 42,649.65$ 44,782.08$ 47,021.28$ G 2023 POLICE RECORDS CLERK II 1/10/2022 42,553.09$ 44,680.65$ 46,914.68$ 49,260.45$ 51,723.46$ G 2026 POLICE RECORDS CLERK SUPERIVSOR 1/10/2022 48,928.54$ 51,375.00$ 53,943.69$ 56,640.80$ 59,472.95$ PM 6320 POLICE SERGEANT 7/12/2021 102,667.42$ 107,800.58$ 113,190.63$ 118,850.20$ 124,792.80$ A 1104 PRCS DIRECTOR 1/10/2022 158,673.02$ G 2602 PROGRAM COORDINATOR 1/10/2022 45,541.76$ 47,818.73$ 50,209.62$ 52,720.14$ 55,356.24$ G 2405 PROGRAM/ANALYST 1/10/2022 68,520.72$ 71,848.30$ 75,440.72$ 79,212.74$ 83,173.38$ S 6440 PROPERTY & EVIDENCE TECHNICIAN 7/12/2021 52,899.63$ 55,544.63$ 58,321.98$ 61,238.04$ 64,299.85$ CM 1580 PUBLIC INFORMATION OFFICER-C 1/10/2022 73,264.36$ 76,927.59$ 80,773.95$ 84,812.65$ 89,053.28$ A 1106 PUBLIC WORKS DIRECTOR 1/10/2022 195,098.21$ G 2204 PUBLIC WORKS INSPECTOR I 1/10/2022 59,720.89$ 62,706.83$ 65,842.18$ 69,134.39$ 72,591.03$ G 2205 PUBLIC WORKS INSPECTOR II 1/10/2022 65,692.92$ 68,977.52$ 72,426.43$ 76,047.83$ 79,850.19$ B 1390 PW MANAGEMENT ANALYST 1/10/2022 81,838.36$ 85,930.36$ 90,226.86$ 94,738.23$ 99,475.14$ B 1325 RATES & RESOURCES MANAGER 1/10/2022 155,408.69$ 163,179.12$ 171,338.09$ 179,904.99$ 188,900.23$ B 1365 RECREATION MANAGER 1/10/2022 66,332.58$ 69,649.67$ 73,132.90$ 76,789.40$ 80,628.41$ B 1370 RECREATION SUPERINTENDENT 1/10/2022 72,966.48$ 76,614.95$ 80,445.61$ 84,467.90$ 88,691.29$ B 1206 REVENUE MANAGER 1/10/2022 105,597.70$ 110,877.58$ 116,421.47$ 122,242.54$ 128,354.66$ CGS 1935 RISK MANAGEMENT TECHNICIAN 1/10/2022 54,992.25$ 57,741.85$ 60,628.94$ 63,660.40$ 66,843.41$ CM 1560 RISK MANAGER 1/10/2022 126,164.77$ 132,472.99$ 139,096.70$ 146,051.52$ 153,354.12$ G 2701 SENIOR ADMINISTRATIVE CLERK 1/10/2022 42,871.64$ 45,015.17$ 47,266.03$ 49,629.29$ 52,110.81$ CGS 1960 SENIOR ADMINISTRATIVE CLERK-C 1/10/2022 42,871.64$ 45,015.17$ 47,266.03$ 49,629.29$ 52,110.81$ BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 B 1270 SENIOR CIVIL ENGINEER 1/10/2022 114,510.99$ 120,240.06$ 126,251.84$ 132,566.68$ 139,188.07$ G 2010 SENIOR CUSTOMER SERVICE REP 1/10/2022 45,190.75$ 47,450.22$ 49,822.72$ 52,313.87$ 54,929.68$ I 6512 SENIOR ELECECTRICAL TECHNICIAN 1/10/2022 134,725.50$ 141,469.90$ 148,529.42$ 155,968.54$ 163,756.58$ I 6555 SENIOR ELECTRICAL ENGINEERING TECH 1/10/2022 122,638.36$ G 2202 SENIOR ENGINEERING TECHNICIAN 1/10/2022 72,948.92$ 76,596.41$ 80,426.14$ 84,447.48$ 88,669.84$ M 4060 SENIOR FACILITIES MAINT WORKER 1/10/2022 56,343.30$ 59,160.40$ 62,118.44$ 65,224.41$ 68,485.71$ G 2505 SENIOR LIBRARY ASSISTANT 1/10/2022 45,015.17$ 47,266.03$ 49,629.29$ 52,110.81$ 54,716.24$ G 2017 SENIOR PAYROLL TECHNICIAN 1/10/2022 57,284.65$ 60,148.95$ 63,156.39$ 66,314.31$ 69,629.92$ G 2069 SENIOR PERMIT TECHNICIAN 1/10/2022 56,621.94$ 59,453.71$ 62,426.36$ 65,547.79$ 68,825.06$ B 1305 SENIOR PLANNER 1/10/2022 86,085.91$ 90,390.67$ 94,909.37$ 99,655.73$ 104,638.26$ G 2025 SENIOR POLICE ADMINISTRATIVE CLERK 1/10/2022 45,381.71$ 47,650.95$ 50,033.34$ 52,534.91$ 55,161.75$ B 1335 SENIOR POWER ENGINEER 1/10/2022 126,029.75$ 132,331.26$ 138,947.74$ 145,895.13$ 153,189.94$ B 1215 SENIOR PROGRAMMER/ANALYST 1/10/2022 87,966.46$ 92,364.63$ 96,983.47$ 101,833.83$ 106,925.52$ M 4140 SENIOR STOREKEEPER 1/10/2022 52,531.40$ 55,157.91$ 57,915.84$ 60,811.62$ 63,852.26$ B 1275 SENIOR TRAFFIC ENGINEER 1/10/2022 114,510.99$ 120,240.06$ 126,251.84$ 132,566.68$ 139,188.07$ B 1276 SENIOR TRANSPORTATION PLANNER 1/10/2022 86,085.91$ 90,390.46$ 94,909.97$ 99,655.48$ 104,638.26$ M 4035 SERVICE WRITER 1/10/2022 44,389.93$ 46,609.38$ 48,939.82$ 51,386.94$ 53,956.28$ M 4110 STREET MAINTENANCE SUPERVISOR 1/10/2022 68,031.10$ 71,432.70$ 75,004.35$ 78,754.46$ 82,692.26$ M 4082 STREET MAINTENANCE WORKER I 1/10/2022 44,359.74$ 46,578.85$ 48,907.02$ 51,352.15$ 53,922.09$ M 4083 STREET MAINTENANCE WORKER II 1/10/2022 48,787.56$ 51,227.02$ 53,788.37$ 56,477.78$ 59,301.63$ M 4100 STREET MAINTENANCE WORKER III 1/10/2022 53,672.31$ 56,355.87$ 59,173.60$ 62,132.39$ 65,238.97$ I 6565 SUBSTATION TECHNICIAN 1/10/2022 141,518.78$ 148,599.88$ I 6560 SUBSTATION/METERING SUPERVISOR 1/10/2022 169,102.44$ B 1205 SUPERVISING ACCOUNTANT 1/10/2022 84,139.07$ 88,345.93$ 92,763.34$ 97,401.52$ 102,271.54$ G 2013 SUPERVISING CUSTOMER SERVICE REP 1/2/2017 44,103.95$ 46,309.20$ 48,624.65$ 51,055.97$ 53,608.68$ M 4120 TRAFFIC SIGN/MAKING WORKER 1/10/2022 46,470.76$ 48,794.16$ 51,233.91$ 53,795.57$ 56,485.43$ B 1295 TRANSPORTATION MANAGER 1/10/2022 105,540.09$ 110,820.29$ 116,360.23$ 122,181.28$ 128,283.92$ I 6521 TROUBLESHOOTING SUPVERVISOR 1/10/2022 156,653.64$ B 1267 UTILITIES MANAGER 1/10/2022 129,106.27$ 135,561.70$ 142,339.80$ 149,456.63$ 156,929.58$ B 1280 UTILITIES SUPERINTENDENT - PW 1/10/2022 117,373.90$ 123,242.59$ 129,404.79$ 135,875.02$ 142,668.78$ G 2015 UTILITY BILLING SPECIALIST 1/10/2022 47,342.72$ 49,709.87$ 52,195.35$ 54,805.12$ 57,545.37$ I 6530 UTILITY EQUIPMENT SPECIALIST 1/10/2022 79,681.42$ 83,677.62$ 87,872.20$ 92,253.20$ 96,876.52$ I 6570 UTILITY WAREHOUSE SUPERVISOR 1/10/2022 90,238.72$ 94,749.72$ 99,489.78$ 104,463.32$ 109,683.60$ M 4085 W/WW MAINTENANCE WORKER I 1/10/2022 44,359.74$ 46,578.85$ 48,907.02$ 51,352.15$ 53,922.09$ M 4086 W/WW MAINTENANCE WORKER II 1/10/2022 48,787.56$ 51,227.02$ 53,788.37$ 56,477.78$ 59,301.63$ M 4212 W/WW MAINTENANCE WORKER III 1/10/2022 53,672.31$ 56,355.73$ 59,173.76$ 62,132.39$ 65,238.97$ M 4150 WASTEWATER OPERATIONS SUPERVISOR 1/10/2022 76,809.50$ 80,649.90$ 84,682.45$ 88,916.49$ 93,362.41$ M 4170 WASTEWATER PLANT OPERATOR I 1/10/2022 55,176.01$ 57,934.86$ 60,831.54$ 63,873.13$ 67,066.82$ M 4172 WASTEWATER PLANT OPERATOR II 1/10/2022 60,695.23$ 63,730.07$ 66,916.54$ 70,262.34$ 73,775.40$ B 1285 WASTEWATER PLANT SUPERINTENDENT 1/10/2022 110,595.64$ 116,125.56$ 121,931.48$ 128,028.07$ 134,429.45$ M 4200 WATER PLANT OPERATOR II 1/10/2022 60,695.23$ 63,730.07$ 66,916.54$ 70,262.34$ 73,775.40$ M 4201 WATER PLANT OPERATOR III 1/10/2022 66,764.92$ 70,103.04$ 73,608.13$ 77,288.63$ 81,153.00$ B 1290 WATER PLANT SUPERINTENDENT 1/10/2022 110,595.64$ 116,125.56$ 121,931.48$ 128,028.07$ 134,429.45$ G 2206 WATER SERVICES TECHNICIAN I 1/10/2022 70,824.21$ 74,365.42$ 78,083.69$ 81,987.81$ 86,087.18$ G 2207 WATER SERVICES TECHNICIAN II 1/10/2022 77,906.51$ 81,801.80$ 85,891.92$ 90,186.58$ 94,695.94$ M 4180 WATER/WASTEWATER SUPVERVISOR 1/10/2022 73,150.60$ 76,810.41$ 80,647.61$ 84,682.45$ 88,917.42$ G 2209 WATERSHED PROGRAM COORDINATOR 1/10/2022 45,541.76$ 47,818.73$ 50,209.62$ 52,720.14$ 55,356.24$ M 4173 WATEWATER PLANT OPERRATOR III 1/10/2022 66,764.92$ 70,103.04$ 73,608.13$ 77,288.63$ 81,153.00$ M 4220 WELDER-MECHANIC 1/10/2022 55,928.70$ 58,727.26$ 61,663.95$ 64,746.94$ 67,984.02$ G 2028 YOUTH OUTREACH WORKER 1/10/2022 49,742.86$ 52,743.22$ 55,901.51$ 59,243.96$ 63,402.41$ BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 PT 7000 PT-ACCOUNTANT 1/1/2014 39.60$ -$ -$ -$ -$ Hourly Rate of Pay
BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 PT 7045 PT-ADMINISTRATIVE CLERK 1/10/2022 18.74$ 19.68$ 20.66$ 21.69$ 22.78$ PT 7040 PT-ADMINISTRATIVE SUPPORT WORKER 1/1/2022 16.00$ 16.80$ 17.64$ PT 7170 PT-AQUAT FITNESS INSTRUCTOR 1/1/2022 16.00$ 16.00$ 16.80$ PT 7160 PT-AQUATICS COORDINATOR 1/10/2022 24.68$ 25.92$ 27.21$ 28.57$ 30.00$ PT 7550 PT-ASSISTANT ANIMAL SERVICES OFFICER 1/10/2022 21.15$ 22.20$ 23.31$ 24.48$ 25.70$ PT 7310 PT-BOAT OPERATOR 1/1/2022 18.00$ 18.90$ 19.85$ 20.84$ 21.88$ PT 7180 PT-CASHIER 1/1/2022 15.00$ 15.75$ PT 7620 PT-CODE ENFORCEMENT OFFICER 1/1/2014 21.61$ 22.69$ 23.82$ 25.01$ 26.26$ PT 7640 PT-CONSULTANT 9/26/2019 25.00$ 100.00$ PT 7500 PT-COUNCILMEMBER 1/1/2014 396.96$ PT 7590 PT-COURT LIAISON 1/1/2022 21.06$ 22.11$ 23.22$ 24.38$ 25.60$ PT 7595 PT-CSO 3/11/2019 22.83$ 23.97$ 25.17$ 26.43$ 27.75$ PT 7010 PT-CUSTOMER SERVICE REP 1/10/2022 18.81$ 19.75$ 20.74$ 21.78$ 22.87$ PT 7720 PT-DEPUTY CITY CLERK-RET 10/31/2019 23.38$ 24.55$ 25.78$ 27.06$ 28.42$ PT 7490 PT-DEPUTY WATER CONSERVATION OFF 1/1/2022 15.00$ 15.75$ 16.54$ PT 7060 PT-DOCENT COORDINATOR 1/1/2022 16.00$ 16.80$ 17.64$ 18.52$ PT 7121 PT-ELECTRIC DISTRIBUTION OPERATOR II 7/21/2021 61.21$ 64.28$ PT 7100 PT-ELECTRICAL ESTIMATATOR 1/1/2014 62.35$ PT 7090 PT-ELECTRICAL TECHNICIAN 1/1/2014 57.42$ PT 7250 PT-EVENT ATTENDANT 1/1/2022 16.00$ 16.80$ 17.64$ 18.52$ 19.45$ PT 7455 PT-FACILITY MAINTENANCE WORKER 1/10/2022 24.63$ 25.86$ 27.15$ 28.51$ 29.93$ PT 7460 PT-FACILITY SUPERVISOR 1/1/2022 15.00$ 15.75$ 16.54$ 17.36$ PT 7115 PT-FIELD SERVICES REP 1/10/2022 25.58$ 26.86$ 28.20$ 29.61$ 31.09$ PT 7020 PT-FINANCE TECHNICIAN 1/10/2022 25.04$ 26.29$ 27.60$ 28.98$ 30.43$ PT 7740 PT-FLEET SUPERINTENDENT-RET 1/10/2022 38.01$ 39.91$ 41.90$ 44.00$ 46.20$ PT 7320 PT-GATE ATTENDANT 1/1/2022 15.00$ 15.75$ PT 7450 PT-HEAVY EQUIPMENT MECHANIC 1/10/2022 26.89$ 28.23$ 29.65$ 31.13$ 32.68$ PT 7230 PT-HOUSE MANAGER 1/1/2022 15.00$ 15.75$ 16.54$ 17.36$ 18.23$ PT 7303 PT-INSTR.SWIM 1/1/2022 16.00$ 16.80$ PT 7070 PT-INTERN 1/1/2022 15.00$ 18.00$ 21.00$ 25.00$ 30.00$ PT 7302 PT-KENNEL TECHNICIAN 1/1/2022 17.35$ 18.22$ 19.13$ 20.09$ 21.09$ PT 7290 PT-LABORER A 1/1/2022 16.00$ 16.80$ PT 7300 PT-LABORER B 1/1/2022 16.80$ 17.64$ 18.52$ 19.45$ 20.42$ PT 7710 PT-LEGAL SECRETARY-RET 10/31/2019 25.78$ 27.07$ 28.43$ 29.85$ 31.34$ PT 7430 PT-LIBRARIAN II 1/10/2022 32.36$ 33.98$ 35.68$ 37.47$ 39.34$ PT 7410 PT-LIBRARY AIDE 1/1/2022 15.00$ 15.75$ 16.54$ 17.37$ PT 7420 PT-LIBRARY ASSCOCIATE 1/1/2022 18.65$ 19.58$ 20.56$ 21.59$ 22.67$ PT 7445 PT-LIBRARY ASSISTANT 1/10/2022 19.68$ 20.66$ 21.69$ 22.78$ 23.92$ PT 7200 PT-LIFEGUARD 1/1/2022 16.00$ 16.80$ PT 7220 PT-LYC COORDINATOR 1/1/2014 16.00$ 16.79$ 17.62$ 18.51$ 19.44$ PT 7480 PT-MANAGEMENT ANALYST 1/10/2022 34.21$ 35.92$ 37.72$ 39.61$ 41.49$ PT 7650 PT-MARKETING COORDINATOR 2/12/2018 22.55$ 23.74$ 24.99$ 26.31$ 27.69$ PT 7110 PT-METER READER 1/1/2014 18.14$ 19.32$ 20.28$ 21.30$ 22.36$ PT 7330 PT-PARK ATTENDANT 1/1/2022 15.00$ 15.75$ PT 7585 PT-PARKING ENFORCEMENT OFFICER 1/10/2022 21.31$ 22.37$ 23.49$ 24.67$ 25.90$ PT 7005 PT-PIO RET ANN 3/17/2020 65.00$ PT 7510 PT-PLANNING COMMISSION 1/1/2014 20.00$ PT 7570 PT-POLICE CHAPLAIN 1/1/2014 20.00$ PT 7560 PT-POLICE OFFICER 7/12/2021 40.74$ PT 7600 PT-POLICE OFFICER/CRIME ANALYST 7/12/2021 40.74$ PT 7561 PT-POLICE OFFICER/RET ANNU 7/12/2021 40.74$ PT 7580 PT-POLICE RECORDS CLERK 1/10/2022 18.60$ 19.53$ 20.51$ 21.53$ 22.61$ PT 7630 PT-PROF STANDARDS OFFICER 1/1/2014 50.00$ 55.00$ PT 7260 PT-PROGRAM COORDINATOR 1/10/2022 21.90$ 22.99$ 24.14$ 25.35$ 26.61$ BU Job Position Eff. Date Step 0 Step 1 Step 2 Step 3 Step 4 PT 7520 PT-PROGRAM/ANALYST 4/1/2018 28.00$ 29.40$ 30.87$ 32.41$ 34.03$ PT 7575 PT-PROPERTY & EVIDENCE TECHNICIAN 1/10/2022 25.43$ 26.70$ 28.04$ 29.44$ 30.91$ PT 7360 PT-RECREATION LEADER 1/1/2022 15.00$ 15.75$ PT 7400 PT-RECREATION SCORKEEPER 1/1/2022 15.00$ 15.75$ PT 7370 PT-RECREATION SPECIALIST 1/1/2022 16.75$ 17.59$ PT 7240 PT-RENTAL CONSULTANT 1/1/2022 16.00$ 16.80$ 17.64$ 18.52$ 19.45$ PT 7270 PT-SCENE TECHNICIAN 1/1/2022 16.00$ 16.80$ 17.64$ 18.52$ 19.45$ PT 7391 PT-SPORTS OFFICIAL (ADULT) 6/1/2018 25.00$ PT 7390 PT-SPORTS OFFICIAL (YOUTH) 1/1/2022 15.00$ 17.00$ 19.00$ 21.00$ 25.00$ PT 7030 PT-SR ADMINISTRATIVE CLERK 1/10/2022 20.61$ 21.64$ 22.72$ 23.86$ 25.05$ PT 7470 PT-SR CIVIL ENGINEER 1/1/2014 37.84$ 39.73$ 41.72$ 43.80$ 45.99$ PT 7210 PT-SR LIFEGUARD 1/1/2022 17.64$ 18.52$ 19.44$ PT 7540 PT-SR PROGRAMMAR/ANALYST 6/1/2016 32.46$ 34.08$ 35.79$ 37.58$ 39.46$ PT 7280 PT-STAGE TECHNICIAN 1/1/2014 21.20$ 22.26$ 23.37$ 24.54$ 25.77$ PT 7605 PT-SUPPORT SERVICES OFFICER 6/7/2017 32.74$ PT 7530 PT-TECHNOLOGY SUPPORT SPECIALIST 3/6/2017 23.04$ 24.19$ 25.40$ 26.67$ 28.00$ PT 7130 PT-UTILITY EQQUIPMENT SPECIALIST 1/1/2014 28.06$ 29.47$ 30.95$ 32.49$ 34.12$ PT 7120 PT-UTILITY SERVICES OP II 1/1/2014 60.89$ PT 7565 PT-VOLUNTEER PROGRAM SUPERVISOR 3/8/2018 23.00$ 24.15$ 25.36$ 26.63$ 27.96$ PT 7730 PT-WW PLANT OPERATOR II-RET 1/10/2022 29.18$ 30.64$ 32.17$ 33.78$ 35.47$ PT 7660 PT-YOUTH OUTRCHREACH WORKER 1/10/2022 23.92$ 25.36$ 26.88$ 28.48$ 30.48$ AGENDA ITEM C-16
APPR
OVED: ________________________________________
Stephen Schwabauer, City Manager

CITY OF LODI

COUNCIL COMMUNICATION

TM
AG
ENDA TITLE: Rescind Resolution 2021-18 and Adopt Resolution Authorizing Issuance of Procurement Cards to Specified Positions
M
EETING DATE: March 2, 2022
P
REPARED BY: Budget Manager
RE
COMMENDED ACTION: Rescind resolution 2021-18 and adopt resolution authorizing issuance of procurement cards to specified positions.

B
ACKGROUND INFORMATION: The City’s procurement card program began on September 7, 2011 and has been revised as needed. Council last adopted Resolution 2021-18 on January 20, 2021 with the positions authorized to hold procurement cards. Since the last revision, departments have expressed a need to update the authorized position list.

S
taff is recommending that a procurement card be issued to the Public Information Officer. The list also includes a position title update.

T
he attached resolution lists the positions that are to be approved to hold procurement cards. Changes are listed in bold face type. The City Manager is authorized to issue the cards to the incumbents and set the limits of such cards in accordance with the parameters of the Lodi Municipal Code.

FI
SCAL IMPACT: Staff efficiencies are expected as greater flexibility is granted in our purchasing process. During fiscal year 2020/21, existing cardholders completed over 6,000 transactions totaling more than $1.8 million for goods and services with procurement cards. The City received $28,360 in rebates from the purchasing card program.

F
UNDING AVAILABLE: Expenses charged to procurement cards are included in departmental appropriations.
__________
________________________
Andrew Keys, Deputy City Manager

EXHIBIT A
Department Position
City Manager Business Development Manager
City Manager
Deputy City Manager/Internal Services Director
Executive Administrative Assistant
Public Information Officer
City Attorney City Attorney
Deputy City Attorney
Risk Manager
Risk Manager Technician
City Clerk Assistant City Clerk
City Clerk
Community Development Administrative Assistant
Director
Internal Services Accounting Manager
Administrative Assistant
Budget Manager
Human Resources Manager
Human Resources Technician
Information Technology Manager
Information Systems Specialist
Network Administrator
Management Analyst – Human Resources
Revenue Manager
Supervising Accountant
Electric Utility Administrative Assistant
Construction/Maintenance Supervisor
Director
Electric Distribution Operations Supervisor
Electric Foreperson
Electric Utility Business Analyst
Electric Utility Resources Analyst
Electric Utility Superintendent
Electrical Engineer
Electrical
Materials Technician
Engineering and Operations Manager
Field Services Supervisor
Rates and Resources Manager
Senior Power Engineer
Substation/Metering Supervisor
Troubleshooting Supervisor
Utility Warehouse Supervisor
Utility Equipment Specialist
Library Director
Literacy Program Manager
Police Administrative Assistant
Captain
Chief
Management Analyst
EXHIBIT A
Department Position
Police (cont'd) Police Officer assigned as the Community Liaison Officer Senior Administrative Clerk
Fire Battalion Chief
Captain
Chief
Deputy Fire Chief
Fire Engineer assigned as the Administrative Training Officer Management Analyst
Parks, Recreation and Cultural Services Administrative Assistant Building Services Supervisor
Deputy Director PRCS
Director
Management Analyst
Park Maintenance Worker III
Park Supervisor
Parks & Properties Superintendent
Recreation Manager
Senior Facilities Maintenance Worker
Welder/Mechanic
Public Works Wastewater Operations Supervisor
Compliance Engineer
Construction Project Manager
Deputy Public Works Director
Director
Electrician
Environmental Compliance Inspector
Department Position
Facilities Maintenance Worker
Facilities Superintendent
Facilities Supervisor
Fleet Superintendent
Laboratory Services Supervisor
Lead Electrician
Parts Clerk
Plant & Equipment Mechanic
Maintenance Technician
Senior Civil Engineer
Senior Engineering Technician
Senior Storekeeper
Sr. Facilities Maintenance Worker
Sr. Transportation Planner
Street Maintenance Worker
Street Supervisor
Traffic/Sign Making Worker
Transportation Manager
Utilities Manager
Utilities Superintendent
Wastewater Plant Operator
Wastewater Plant Superintendent
Water Plant Superintendent
EXHIBIT A
Department Position
Pubic Works (cont'd) Water Services Technician
Water Treatment Plant Operator
Water/Wastewater Maintenance Worker
Water/Wastewater Supervisor
Watershed Program Coordinator
RESOLUTION NO. 2022-____

A RESOLUTION OF THE LODI CITY COUNCIL RESCINDING
RESOLUTION NO. 2021-18 AND AUTHORIZING THE ISSUANCE OF

CAL-CARD PROCUREMENT CARDS TO SPECIFIED POSITIONS
========================================================================

WHEREAS, the City Council previously approved Resolution Nos. 2011-143, 2013-121, 2014-181, 2015-185, 2017-12, 2017-172, 2018-147, 2019-240 and 2021- 18 relating to the issuance of Cal–Card procurement cards to specified positions; and

WHEREAS, Lodi Municipal Code Section 3.20.135 specifies that the Lodi City Council will adopt a Resolution setting forth the positions that are authorized to hold procurement cards; and

WHEREAS, the City Manager is authorized to approve issuance of procurement cards to incumbents in the positions noted in this Resolution with limits in accordance with the parameters of the Lodi Municipal Code.

NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the following positions to be issued procurement cards with transaction and aggregate limits in accordance with Lodi Municipal Code Section 3.20.

Department Position
City Manager Business Development Manager
City Manager
Deputy City Manager/Internal Services Director
Executive Administrative Assistant
Public Information Officer
City Attorney City Attorney
Deputy City Attorney
Risk Manager
Risk Manager Technician
City Clerk Assistant City Clerk
City Clerk
Community Development Administrative Assistant
Director
Internal Services Accounting Manager
Administrative Assistant
Budget Manager
Human Resources Manager
Human Resources Technician
Information Technology Manager
Information Systems Specialist
Network Administrator
Management Analyst – Human Resources
Revenue Manager
Supervising Accountant

Department Position
Electric Utility Administrative Assistant
Construction/Maintenance Supervisor
Director
Electric Distribution Operations Supervisor
Electric Foreperson
Electric Utility Business Analyst
Electric Utility Resources Analyst
Electric Utility Superintendent
Electrical Engineer
Electrical Materials Technician
Engineering and Operations Manager
Field Services Supervisor
Rates and Resources Manager
Senior Power Engineer
Substation/Metering Supervisor
Troubleshooting Supervisor
Utility Warehouse Supervisor
Utility Equipment Specialist
Library Director
Literacy Program Manager
Police Administrative Assistant
Captain
Chief
Management Analyst
Police Officer assigned as the Community Liaison Officer Senior Administrative Clerk
Fire Battalion Chief
Captain
Chief
Deputy Fire Chief
Fire Engineer assigned as the Administrative Training Officer Management Analyst
Parks, Recreation and Cultural Services Administrative Assistant Building Services Supervisor
Deputy Director PRCS
Director
Management Analyst
Park Maintenance Worker III
Park Supervisor
Parks & Properties Superintendent
Recreation Manager
Senior Facilities Maintenance Worker
Welder/Mechanic
Public Works Wastewater Operations Supervisor
Compliance Engineer
Construction Project Manager
Deputy Public Works Director
Director
Electrician
Environmental Compliance Inspector

Dated:
========================================================================

I hereby certify that Resolution No. 2022-___ as passed and adopted by the City Council of the City of Lodi in a regular meeting held March 2, 2022, by the following votes:

AYES: COUNCIL MEMBERS –

NOES: COUNCIL MEMBERS –

ABSENT: COUNCIL MEMBERS –

ABSTAIN: COUNCIL MEMBERS –

PAMELA M. FARRIS
Assistant City Clerk

2022-___
Department Position
Facilities Maintenance Worker
Facilities Superintendent
Facilities Supervisor
Fleet Superintendent
Laboratory Services Supervisor
Lead Electrician
Parts Clerk
Plant & Equipment Mechanic Maintenance Technician
Senior Civil Engineer
Senior Engineering Technician
Senior Storekeeper
Sr. Facilities Maintenance Worker
Sr. Transportation Planner
Street Maintenance Worker
Street Supervisor
Traffic/Sign Making Worker
Transportation Manager
Utilities Manager
Utilities Superintendent
Wastewater Plant Operator
Wastewater Plant Superintendent
Water Plant Superintendent
Water Services Technician
Water Treatment Plant Operator
Water/Wastewater Maintenance Worker
Water/Wastewater Supervisor
Watershed Program Coordinator
AGENDA ITEM C-17
APPR
OVED: __________________________________
Stephen Schwabauer, City Manager

CITY OF LODI

COUNCIL COMMUNICATION

TM
AG
ENDA TITLE: Adopt Resolution Authorizing City Manager to Execute an Agreement for Legal Services with Jones Hall, a Professional Law Corporation, of San Francisco, for Bond Counsel Services in Connection with the Refinancing of Outstanding Lease Payment Obligation and Financing of Outstanding Lease Payment Obligation and Financing of Capital Improvements (Not to Exceed $101,500) MEETING DATE: March 2, 2022
P
REPARED BY: City Attorney
RECOMMENDED ACTION: Adopt a resolution authorizing the City Manager to execute an agreement for legal services with Jones Hall, a Professional Law Corporation, of San Francisco, for bond counsel services in connection with the refinancing of outstanding lease payment obligation and financing of outstanding lease payment obligation and financing of capital improvements (not to exceed $101,500).

B
ACKGROUND INFORMATION: T he Lodi Public Financing Authority (“Authority”) previously issued its $19,080,000 Lodi Public Financing Authority 2012 Refunding Lease Bonds (the “2012 Bonds”) for the purpose of refinancing outstanding certificates of participation that were executed and delivered to finance various municipal facilities of the City. The 2012 Bonds are payable from lease payments made by the City to the Authority. In order to take advantage of prevailing bond market conditions, City wishes to refinance the 2012 Bonds and its outstanding lease payment obligation.

T
he City now wishes to leverage the savings achieved by refinancing the 2022 Bonds to finance the acquisition and construction of capital improvements, including, among other things, a new animal shelter and parks and playground improvements (collectively the “Project”). In order to raise funds for the proposed refinancing of the 2012 Bonds and the financing of the Project, the Authority proposes to issue and sell its Lodi Public Financing Authority 2022 Lease Revenue Bonds (2012 Refunding; Capital Projects Financing), which will be payable from a lease payment obligation to be undertaken by the City.

In o
rder to accomplish the proposed refinance of the 2012 Bonds and financing of the Project, the City requires the services of a nationally recognized bond counsel. Staff recommends authorizing the City Manager to execute an Agreement for Professional Services with Jones Hall, a Professional Law Corporation, of San Francisco, for bond counsel services in connection with the refinancing of certain outstanding obligations of the City as set forth above.

FISCAL IMPACT: Not to exceed $101,500.

FUNDING AVAILABLE: Refinanced debt service of the bonds will cover the cost of the legal services.
______________________________
Janice D. Magdich, City Attorney
Attachment: Agreement for Legal Services

RESOLUTION NO. 2022-____

A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE

CITY MANAGER TO EXECUTE AN AGREEMENT FOR LEGAL SERVICES

WITH JONES HALL, A PROFESSIONAL LAW CORPORATION, OF

SAN FRANCISCO, FOR BOND COUNSEL SERVICES IN CONNECTION WITH

THE REFINANCING OF OUTSTANDING LEASE PAYMENT OBLIGATION AND

FINANCING OF CAPITAL IMPROVEMENTS
========================================================================

WHEREAS, the Lodi Public Financing Authority (“Authority”) previously issued its $19,080,000 Lodi Public Financing Authority 2012 Refunding Lease Bonds (the “2012 Bonds”) for the purpose of refinancing outstanding certificates of participation that were executed and delivered to finance various municipal facilities of the City; and

WHEREAS, the 2012 Bonds are payable from lease payments made by the City to the Authority; and

WHEREAS, in order to take advantage of prevailing bond market conditions, City wishes to refinance the 2012 Bonds and its outstanding lease payment obligation; and

WHEREAS, City wi shes to leverage the savings achieved by refinancing the 2022 Bonds to finance the acquisition and construction of capital improvements, including, among other things, a new animal shelter and parks and playground improvements (collectively the “Project”); and

WHEREAS, in order to raise funds for the proposed refinancing of the 2012 Bonds and the financing of the Project, the Authority proposes to issue and sell its Lodi Public Financing Authority 2022 Lease Revenue Bonds (2012 Refunding; Capital Projects Financing) (the “Bonds”), which will be payable from a lease payment obligation to be undertaken by the City ; and

WHEREAS, in order to accomplish the proposed refinance of the 2012 Bonds and financing of the Project , the City requires the services of a nationally recognized bond counsel; and

WHEREAS, staff recommends authorizing the City Manager to execute an Agreement for Professional Services with Jones Hall, a Professional Law Corporation, of San Francisco, for bond counsel services in connection wit h the refinancing of certain outstanding obligations of the City as set forth above.

NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to execute a n Agreement for Professional Services with Jones Hall, of San Francisco, California, for bond counsel services in connection with the refinancing of an outstanding lease payment obligation and financing of capital improvements, as set forth above, in the amount of $100,000, and direct out -of-pocket expenses and costs not to exceed $1,500 ; and

Dated: March 2, 2022
=================================================================== I hereby certify that Resolution No. 2022- ____ was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 2, 2022, by the following vote:

AYES: COUNCIL MEMBERS –

NOES: COUNCIL MEMBERS –

ABSENT: COUNCIL MEMBERS –

ABSTAIN: COUNCIL MEMBERS –

PAMELA M. FARRIS
Assistant City Clerk

2022-____
AGENDA ITEM G-02
APPR
OVED: __________________________________
Stephen Schwabauer, City Manager

CITY OF LODI

COUNCIL COMMUNICATION

TM
AG
ENDA TITLE: Public Hearing to Consider Adopting a Resolution Amending the Requirements and Procedures for Review of Growth Allocation Applications M
EETING DATE: March 2, 2022
P
REPARED BY: Community Development Director
RE
COMMENDED ACTION: P ublic hearing to consider adopting a resolution amending the requirements and procedures for review of growth allocation applications.

BA
CKGROUND INFORMATION: The City of Lodi’s Growth Management Plan was initiated in 1991 with the adoption of Ordinance No. 1521. Resolutions No. 91-170 and No. 91 -171 were also adopted in 1991 to establis h t
he procedures for approving Growth Allocations; one unit of growth allocation is needed for each new home built in Lodi.

The Growth Management Plan has been part of an overall strategy, implemented since the 1990s, that has helped the City maintain an orderly growth pattern and contributed to the current compact form and logical boundaries of the City of Lodi. However, the rapid growth pressure that led to the creation of the Growth Management Plan has been less than anticipated and the City has grown more slowly than the maximum 2% annual growth rate allowed under the Growth Management Plan.

W
hile temporary modifications to the Growth Allocation process have occurred over the past 29 years, most of the original regulations and procedures adopted in 1991 remain in effect today. The City Council enact ed temporary changes in 2013 to certain implementation provisions of the Growth Management Plan; those changes remained in effect until December 31, 2019. Under those temporary provisions, applicants were able to request Growth Allocations at any time of year and the Planning Commission was able to consider Growth Allocations and Tentative Subdivision Maps concurrently.

I
n July 2020, the City Council extended the 2013 temporary provisions through December 31, 2020 and directed staff to return with more comprehensive amendments to the Growth Management Plan by the end of 2020.

I
n January 2021, the City Council made the following changes to the Growth Allocation process:
• T
he Growth Allocation process is now outlined in a single Council Resolution (n umber 2021- 21), replacing a set of two Resolutions (numbers 91-170 and 91-171). • Applications for Growth Allocations can now be accepted at any time of year, replacing the prior once-a-year application process.

PH to Consider Adopting a Resolution Amending the Requirements and Procedures for Review of GA Applications March 02, 2022

Page 2 of 3 ends

• Applications for Growth Allocation and a Tentative Map may now be submitted for concurrent review by the Planning Commission, which makes a recommendation on the Growth Allocation. Final approval of the Growth Allocation occurs at the City Council. • A detailed Development Plan is now required to be submitted with a Growth Allocation request.
• Development Plans for new tract homes are required to be submitted to the SPARC for review and recommendation prior to Planning Commission review of a request for Growth Allocations. • Unassigned Growth Allocations now “carry over” for two years and then automatically expire three years from date the Growth Allocation was created.

In recent discussions, the City Council has requested additional adjustments to the Growth Allocation process. Council’s requested changes included:

• Ensuring that the City Council is provided with the opportunity to comment on p roposed residential development projects—including the level of quality of proposed development —as early as possible.
• Having approval of Growth Allocations occur as early in the process as possible. • Ensuring that the SPARC reviews and approves proposed home designs.

On February 16, 2022, the City Council directed staff to schedule tonight’s public hearing to review the proposed changes to the Growth Allocation process.

OVERVIEW OF POTENTIAL AMENDMENTS:

The proposed amendments at this time retain the chan ges made in January 2021, but would make the following adjustments. (A strikeout/underline version showing all proposed changes to this process is included in the attachments to this staff report.)

Growth Management Applications Go Directly to City Council

• Applications for Growth Allocations would proceed directly to City Council, rather than first being reviewed by the Planning Commission and then being forwarded to the City Council for approval.
• This helps streamline the process, and involves the Counci l in the Growth Allocation system sooner than currently occurs.
• The Council can approve an applicant’s request for Growth Allocations, or can approve a different allocation so that development can occur consistent with the Council’s desire to maintain the quality of life in Lodi. The Council can also approve specific allocations on a yearly schedule.
• The Growth Allocation review and approval process would end with the Council’s approval of allocations. Development projects with approved allocations would then proceed through standard City review and approval processes.
• Staff believes that Growth Allocation approvals would not qualify as a “project” under the California Environmental Quality Act (CEQA) because they the conditional issuance of the Growth Allocation units does not approve any development or commit to any physical change to the environment. Therefore, the CEQA section will not be referenced in the Growth Allocation Resolution. However, each project will be subject to CEQA and full CEQA review will be complete prior to any final City consideration or decision on a project.

PH to Consider Adopting a Resolution Amending the Requirements and Procedures for Review of GA Applications March 02, 2022

Page 3 of 3 ends

Development Plans and Design Comments by Council with Growth Allocation Application

• Under the proposed changes, the City Council would not approve or deny any development proposal (unless specifically required at a later date) , but would be provided with an overview of the proposed project and the level of quality which the applicant proposes. This would allow the Council to informally comment on the proposed project. • The Council’s informal input would then be included in the formal applications (Planned Development, tentative maps, etc.) that would be submitted and reviewed by the Planning Commission, SPARC, and (for some actions) the City Council , but would not be binding on any formal action on the proposed project.

These changes and the proposed updates to the Growth Allocation Resolution have been prepared by the Planning Department and reviewed by the City Manager and City Attorney’s office.

ENVIRONMENTAL ASSESSMENT:

The California Environmental Quality Act (Section 21000, et. seq. of the California Public Resources Code, hereafter “CEQA”) requires analysis of agency approvals of discretionary “projects.” The proposed revisions to the practices and procedures for review of Growth Allocations (“proposed amendments”) have been analyzed to determine the applicability of CEQA to approval of the proposed amendments. The original authorization for the City’s Growth Management Plan was Ordinance No 1521 and no changes to Ordinance No. 1521 are proposed in this action. Therefore, the proposed amendments would be limited to the procedures for the review of Growth Allocation request, which would not alter the rate, location, form or intensity of development in the City. As such, the proposed amendments would not cause a significant effect on the environment and adoption of the proposed amendments is exempt from review under CEQA subject to Section 15061(b)(3) of the CEQA Guidelines.

STAFF RECOMMENDATION

Staff recommends that the City Council adopt a resolution rescinding resolution No. 2021-21 to revise some procedures for the implementation of the City of Lodi Growth Management Plan.

FISCAL IMPACT: Not applicable.

FUNDING AVAILABLE: Not applicable.

______________________________________
John R. Della Monica Jr.

Community Development Director

Attachments:

Revised Process with changes highlighted
Resolution 2021-21 to be rescinded
New Proposed Resolution

1 DRAFT REVISED GROWTH ALLOCATION RESOLUTION
2‐2‐22

BC. Growth Allocations Required.

1. Consistent with the provisions of Ordinance No. 1521, the following actions require approval of Growth Allocations prior to residential projects or the residential component(s) of a mixed use project receiving approval:
a. Approval of a n Annexation, General Plan Amendment, Rezone, Specific Plan, Planned Unit Development, Master Plan, tentative subdivision map, or similar land use entitlement.
b. Approval of a multifamily residential project on a parcel that has not received a Growth Allocation.
c. Recordation of a Final Map.
d.c. Issuance of building permits.

2. The following are exempt from requirements for Growth Allocations:
a. Commercial and industrial projects.
b. Senior citizen housing.
c. Construction of a new or repl acement of a single family home. d. Reconstruction of any residential unit that was originally constructed with a Growth Allocation.
e. Residential project of four (4) units or less, including attached and detached units. f. Accessory Dwelling Units.
g. Emergency Housing.

CD. Development Plan Required.

Applications for Growth Allocations shall contain include a a Development Plan that includes the following, as appropriate for the project, at sufficient detail to provide the City Council with the developer’s intent in terms of the type and quality of development:

1. A map showing the following:
a. Proposed street system and/or lotting design proposed within the development. b. Any aA reas proposed to be dedicated or reserved for parks, open-space conservation, playgrounds, school sites, public buildings, churches and other such uses.

2 Compliance with this requirement shall not be construed to relieve the applicant from compliance with City and State Subdivision regulations or any other applicable local or state laws.

2. A map showing the location of all trees over nine (9) inches in diameter with an indication of whether they will be removed or retained as part of the project.

3. A land-use plan for the proposed development indicating the proposed land uses, as well as a description of and development standards for each land use designation (including, if desired, reference(s) to the Lodi Zoning Code for development standards, permitted land uses, etc.).

4. A map showing existing uses (including agriculture) inside and within 500 feet of the proposed development.

5. Typical plot plan(s) for residential dwellings for each typical proposed residential lot type. The plot plan(s) shall identify development standards, including setbacks from lot lines for front, side and rear yards.

6. A circulation diagram and standards defining the proposed system of public and private streets within the development, and all other features (on- and off-street bikeways, pedestrian sidewalks and trails, etc.) related to the movement of vehicles, goods, pedestrians, and bicyclists within the development and to and from adjacent public thoroughfares. The circulation diagram shall also document proposed off-street parking.

7. Elevations and perspective drawings of the front elevations of all proposed structures, including single-family residences and their accessory buildings. Elevations of all sides of proposed non-residential and/or neighborhood serving structures shall be provided.

Such drawings need not be the result of final architectural decisions, but shall be reviewed for consistency in the formal design review process. The purpose of such drawings is to indicate height of proposed buildings, the proposed character and level of finish, and the general appearance of the proposed structures to ensure that the entire development will meet the City’s expectations for quality design and construction, will have architectural unity, and will be in harmony with the surrounding developments.

8. Engineering data as described in the City of Lodi Public Improvement Design Standards.

DE. Development Schedule.

1. An application shall be accompanied by a development schedule indicating to the best of the applicant’s knowledge the approximate date when construction of the project can be expected to begin, the anticipated rate of development and the completion date. The development schedule, if approved, shall become a part of the development plan and shall be adhered to by the owner or owners of the property and his

3 successors in interest.

2. If a Tentative Subdivision Map is not filed one year after a Development Plan and Growth Allocations are approved, the Planning CommissionCity Council may rescind the approved Growth Allocations following a public hearing at which the applicant shall be provided with notice and an opportunity to be heard. This would allow the applicant to explain why the project has been delayed and request an extension of the deadline to file a tentative map.

3. If the Planning CommissionCity Council determines that a proposed Development Planresidential development will require multi ple - years allocation to complete, allocations may be approved for a stated number and type of residential unit for each year of the development schedule shall be approved for a stated number and type of residential units.

4. For projects seeking a multi-year allocation, the City may require initial submittal of individual tentative maps for each year's phasing of multi-year allocations.

EF. Processing of Applications or Growth Allocations.

1. Applications for growth allocations may must be accompanied by a Development Plan and an initial submittal of any submitted prior to or concurrently with an application(s) which will be required for the proposed development of housing, including: Annexation, General Plan Amendments, Change of Zone, or for a Tentative Subdivision Map.

An application for a Tentative Subdivision Mapany required approval may shall not be submitted prior to an application for or approval of a Growth Allocation.

2. An application for Growth Allocation whether submitted in conjunction with a Tentative Subdivision Map or independently, shall include application materials described in Section CDevelopment Plan, Plan, and shall be reviewed under the California Environmental Quality Act (CEQA) as established under CEQA and the CEQA Guidelines.

3. The Site Planning and Architectural Revi ew Committee (SPARC) shall review and provide comments and recommendations on the Development Plan that accompanies the Growth Allocation application prior to any Planning Commission review of an application for Growth Allocations.

4. The Planning Commission shall conduct a public hearing to consider the application for Growth Allocation and shall make a recommendation to the City Council to either approve or deny the request for Growth Allocation.

5.2. Following recommendation by the Planning Commission, tT he City Council shall conduct a public hearing to consider the application for Growth Allocation and shall either approve or deny the request for Growth Allocation. The Council may also provide initial feedback on the Development Plan

4 6.3. A Growth Allocation of units equal to or greater than the number of units proposed in the Final Map must be approved and in place prior to recording of a Final Map.

4. Should the City Council approve a Growth Allocation for less units than the number of associated units requested by the applicantTentative Map , the applicant shall amend any subsequent applications to conform with the number of units approved by the City Counciland submit a revised Tentative Map and Development Plan for Planning Commission consideration.

7.5. All subsequent required approvals, including General Plan amendments, changes of zone, Planned Developments, tentative subdivision maps, and development review, shall be reviewed and approved as provided in the Lodi Zoning Code after the approval of Growth Allocations.

FG. Carry Over of Growth Allocations.

1. Annual Accrual of New Growth Allocations. On January 1 of each year new Growth Allocations will be created in an amount that will accommodate a 2% increase over the City’s previous year population. The number of new Growth Allocations shall be the number of dwellings required to accommodate the increased population based on the average number of persons per household as determined by the State Department of Finance.

3. Carry Over Allocations. An Unused Alloca tion becomes a Carry Over Allocation on January 1 of the year following its original creation.

4. Available Growth Allocations. Available Growth Allocations shall be calculated on January 1 of each year as the sum of newly created Growth Allocations plus any Carry Over Growth Allocations from previous years.

5. Oldest Allocations Assigned First. In each year, the first allocations assigned to development projects shall be the oldest Carry Over Growth Allocations. Once all Carry Over Growth Allocations have been assigned, the Growth Allocations created in the current year shall be assigned.

6. Automatic Retirement of Carry Over Growth Allocations. Growth Allocations may only be carried over for two subsequent years. If a Carry Over Growth Allocation has not been assigned to a development project within three years of its original creation, then such Growth Allocation shall be automatically retired.

7. Annual Accounting of Growth Allocations. By January 15 of each year, the Community Development Department shall document new ly created Growth Allocations for the current year and Carry Over Growth Allocations from previous years. Any Carry Over

5 Growth Allocations that are determined to be more than three years old are automatically retired.

GH. Points System/Evaluation Criteria.

Consistent with the provisions of Ordinance No. 1521, the following point system/evaluation criteria shall be applied to the review of projects when requested Growth Allocations exceed the number of available Growth Allocations.

1. Agricultural Land Conflicts Score
a. Project does not require conversion of vacant agricultural land 10
b. Project is adjacent to agricultural land on one side 7 c. Project is adjacent to agricultural land on two sides 5 d. Project is adjacent to agricultural land on three sides 3 e. Project is surrounded by agricultural land 0

2. On-Site Agricultural Land Buffer
a. Project needs no agricultural land mitigation 10
b. Adequate on-site buffer has been provided as a part of site layout for all adjacent agricultural land 7
c. On-site buffer provided as a part of site layout for only part of the project 5
d. No buffer between project and adjacent agricultural land 0

4. Relationship to Public Services
a. General Location
i. Project abuts existing or approved development
that has not yet been built on four sides 10

6 ii. Project abuts existing or approved development
that has not yet been built on three sides 7
iii. Project abuts existing or approved development
that has not yet been built on two sides 5
iv. Project abuts existing or approved development
that has not yet been built on one side 3
v. Project is surrounded by undeveloped land 0
b. Wastewater
i. Project is located adjacent to existing Master Plan
sanitary sewers or mains designed to serve the
project 10
ii. Project will extend a Master Plan line within its
boundaries 8
iii. Project will extend a Master Plan line outside of its boundaries but within existing right-of way (0 if right- of-way is necessary) 4
iv. Project requires construction of a new lift station for which funds are available in the Sewer Impact Fee
Fund 0
v. Project requires construction of a new lift station for which funds are not available in the Sewer Impact
Fee Fund *
* Project cannot proceed without provision of
funding for construction of the lift station.
c. Water
i. Project is located adjacent to existing Master Plan
water mains or mains designed to serve the project 10
ii. Project will extend Master Plan lines within its
boundaries 8
iii. Project will extend Master Plan lines outside its
boundaries, but within existing right-of-way (0 if
outside right-of-way) 4

7 iv. Project requires construction of a new water well for which funds are available in the Water Impact Fee
Fund 0
v. Project requires construction of new water well for
which funds are not available in the Water Impact
Fee Fund *
vi. Project improves the exis ting system (i.e., eliminates dead-ends, loops master plan lines, provides a well
site) +1 to 3
* Project cannot proceed without provision of
funding for construction of the required well.
d. Drainage
i. Project is served by an existing drainage basin and
Master Plan line or mains designed to serve the
project 10
ii. Project will extend a Master Plan line or expand an existing basin within its boundaries 8
iii. Project will extend a Master Plan line or expand an existing basin outside of its boundaries but within
existing rights-of-way (0 points if right-of-way is
necessary 4
iv. Project requires construction of a new basin for
which funds are available in the Master Drainage
Impact Fee Fund 0
v. Project requires construction of a new basin for
which funds are not available in the Master Drainage
Impact Fee Fund *
* Project cannot proceed without provision of
funding for construction of the required basin.

8 40% or less 6
50% 4
60% 2
70% or greater 0
Project owner shall submit an analysis of the percentage of the coverage of surface area.

6. Traffic
a. Project widens or improves an existing facility 10
b. Project will extend Master Plan streets within its boundaries 8 c. Project will extend Master Plan streets outside its
boundaries, but within existing right-of-way (0 if outside right-of-way) 4
d. Project require roadway improvements for which funds are available in the Street Impact Fee Program 0
e. Project requires roadway improvements for which funds are not available in the Street Impact Fee Program *
f. Project improves circulation by providing additional access to adjacent development (including non-vehicular access) +1 to 5 * Project cannot proceed without provision of funding for construction of the required road improvement.

7. Housing
Low and Moderate Income Housing.

A point credit will be awarded with the following schedule:
25% or more of units low and moderate 10
20%-24% 8
15%-19% 6
10%-14% 4
5%-9% 2
Less than 5% low and moderate or
low and moderate housing proposed 0

9 8. Site Plan and Project Design--Bonus Points for Multi-Family Projects These criteria shall only apply to multi-family projects. a. Landscaping. (Planning Commission shall evaluate and provide between 10 and 0 points) 0-10

b. Architectural Design. (SPARC Committee shall evaluate and provide between 10 and 0 points) 0-10

9. Schools
a. Project is within 1/4 mile of an existing (or proposed) elementary school 10
b. Project is within 1/2 mile of an existing (or proposed) elementary school 5
c. Project is more than 1/2 mile from an existing or proposed elementary school 0
d. Project is within 1/2 mile of an existing (or proposed) middle school. 10
e. Project is within 1 mile of an existing or proposed middle school 5
f. Project is more than 1 mile from an existing or proposed middle school 0
g. Project is within 1 mile of an existing or proposed high school 10
h. Project is within 2 miles of an existing or proposed high school 5

10. Fire Protection. (Proximity to fire protection services) a. Within 3 minute emergency vehicle driving time from the nearest fire station 10
b. Within 4 minute emergency vehicle driving time from the nearest fire station 5
c. Beyond 4 minute emergency vehicle driving time from the nearest fire station 0

1 RESOLUTION NO. 2022-__

A RESOLUTION OF THE LODI CITY COUNCIL RESCINDING RESOLUTION NO. 2021-21, AND ADOPTING AMENDED PROVISIONS TO IMPLEMENT THE

CITY OF LODI GROWTH MANAGEMENT PLAN
========================================================================

WHEREAS, the Lodi City Council adopted Ordinance No. 1521 on September 20, 1991, thereby establishing the City’s Growth Management Plan; and

WHEREAS, Ordinance No. 1521 establishes that the City Council will adopt guidance for the implementation of the Gr owth Management Plan, including procedures and requirements for the approval of Growth Allocations; and

WHEREAS, the City Council then adopted Resolutions No. 91- 170 and No. 91- 171, establishing submittal requirements and procedures for the review of appl ications for Growth Allocations; and

WHEREAS, the City Council on January 20, 2021, made changes to the Growth Allocation process, rescinding Resolutions No. 91- 170 and 91- 171 and adopting Resolution No. 2021-21 in their place; and

WHEREAS, the City Cou ncil has directed staff to make further improvements to the Growth Allocation process to streamline the review and approval of allocations and provide the Council with the ability to informally comment on proposed developments at an early stage; and

WHEREAS, the City Council has now reviewed Resolution No. 2021- 21 and has determined it would be beneficial to amend procedures and requirements to achieve these improvements; and

WHEREAS, the goals and intent of Ordinance No. 1521 would remain in effect as adopted, without any amendments to the Ordinance or to the rate at which development within the City of Lodi may occur; and

WHEREAS, the City’s Growth Management Plan was established through Ordinance No. 1521 and no changes to Ordinance No. 1521 are propos ed in this action. The proposed amendments would be limited to the procedures for the review of Growth Allocation requests, which would not alter the rate, location, form or intensity of development in the City. As such, it can be seen with certainty that the proposed amendments would not cause a significant effect on the environment and adoption of the proposed amendments is exempt from review under CEQA subject to Section 15061(b)(3) of the CEQA Guidelines.

NOW, THEREFORE, BE IT RESOLVED by the Lodi City Council as follows:

A. The Recitals as stated above are true and incorporated herein by this reference.

B. Earlier Resolution Rescinded
The City Council hereby repeals and replaces Resolution No. 2021-21 in its entirety.

C. Growth Allocations Required

1. Consistent with the provisions of Ordinance No. 1521, the following actions require approval of Growth Allocations prior to residential projects or the residential component(s) of a mixed use project receiving approval:
a. Approval of an Annexation, General Plan Amendm ent, Rezone, Specific Plan, Planned Unit Development, Master Plan, tentative subdivision map, or similar land use entitlement.
b. Approval of a multifamily residential project on a parcel that has not received a 2 Growth Allocation.
c. Issuance of building permits.

2. The following are exempt from requirements for Growth Allocations:
a. Commercial and industrial projects.
b. Senior citizen housing.
c. Construction of a new or replacement of a single-family home. d. Reconstruction of any residential unit that was originally constr ucted with a Growth Allocation.
e. Residential project of four (4) units or less, including attached and detached units.
f. Accessory Dwelling Units.
g. Emergency Housing.

D. Development Plan.

Applications for Growth Allocations shall include a Development Plan that i ncludes the following, as appropriate for the project, at sufficient detail to provide the City Council with the developer’s intent in terms of the type and quality of development:

1. A map showing the following:
a. Proposed street system and/or lotting design proposed within the development. b. Areas proposed to be dedicated or reserved for parks, open- space conservation, playgrounds, school sites, public buildings, churches and other such uses. c. Compliance with this requirement shall not be construed to relieve the applicant from compliance with City and State Subdivision regulations or any other applicable local or State laws.

2. A map showing the location of all trees over nine (9) inches in diameter with an indication of whether they will be removed or retained as part of the project.

3. A land- use plan for the proposed development indicating the proposed land uses, as well as a description of and development standards for each land use designation (including, if desired, reference(s) to the Lodi Zoning Code for development standards, permitted land uses, etc.).

4. A map showing existing uses (including agriculture) inside and within 500 feet of the proposed development.

5. Typical plot plan(s) for residential dwellings for each typical proposed residential lot type.

The plot plan(s) shall identify development standards, including setbacks from lot lines for front, side and rear yards.

6. A circulation diagram and standards defining the proposed system of public and private streets within the development, and all other features (on- and off -street bikeways, pedestrian sidewalks and trails, etc.) related to the movement of vehicles, goods, pedestrians, and bicyclists within the development and to and from adjacent public thoroughfares. The circulation diagram shall also document proposed off-street parking.

7. Elevations and perspective drawings of the front elevations of all proposed structures, including single-family residences and their accessory buildings. Elevations of all sides of proposed non- residential and/or neighborhood-serving structures shall be provided.

Such drawings need not be the result of final architectural decisions, but shall be reviewed for consistency in the formal design review process. The purpose of such drawings is to indicate height of proposed buildings, the proposed character and level of 3 finish, and the general appearance of the proposed structures to ensure that the entire development will meet the City’s expectations for quality design and construction, will have architectural unity, and will be in harmony with the surrounding developments.

8. Engineering data as described in the City of Lodi Public Improvement Design Standards.

E. Development Schedule.

2. If a Tentative Subdivision Map is not filed one year after Growth Allocations are approved, the City Counc il may rescind the approved Growth Allocations following a public hearing at which the applicant shall be provided with notice and an opportunity to be heard. This would allow the applicant to explain why the project has been delayed and request an extension of the deadline to file a tentative map.

3. If the City Council determines that a proposed residential development will require multiple years to complete, allocations may be approved for a stated number and type of residential unit for each year of the development schedule.

4. For projects seeking a multi -year allocation, the City may require initial submittal of individual tentative maps for each year's phasing of multi-year allocations F. Processing of Application of Growth Allocations.

1. Application for growth allocations must be accompanied by a Development Plan and an initial submittal of any application(s) which will be required for the proposed development of housing, including: Annexation, General Plan Amendments, Change of Zone, or Tentative Subdivision Map. An application for any required approval shall not be submitted prior to approval of a Growth Allocation.

2. The City Council shall conduct a public hearing to consider the application for Growth Allocation and shall either approve or deny the request for Growth Allocation. The Council may also provide initial feedback on the Development Plan.

3. A Growth Allocation of units equal to or greater than the number of units proposed in the Final Map must be approved and in place prior to recording of a Final Map.

4. Should the City Council approve a Growth Allocation for less units than the number of units requested by the applicant, the applicant shall amend any subsequent applications to conform with the number of units approved by the City Council.

5. All Subsequent r equired approvals, including General Plan amendments, changes of zone, Planned Developments, tentative subdivision maps, and development review, shall be reviewed and approved as provided in the Lodi Zoning Code after the approval of Growth Allocations.

G. Carry Over of Growth Allocations.

1. Annual Accrual of New Growth Allocations. On January 1 of each year new Growth Allocations will be created in an amount that will accommodate a 2% increase over the City’s previous year ’s population. The number of new Growth Allocations shall be the number of dwellings required to accommodate the increased population based on the average number of persons per household as determined by the State Department of Finance.

2. Unused Growth Allocations. Growth Allocation available in any given year that are not assigned to a development project shall be deemed to be Unused Growth Allocations and shall be available to assign in subsequent years.
4 3. Carry Over Allocations. An Unused Allocation becomes a Carry Over Allocation on January 1 of the year following its original creation.

7. Annual Accounting of Growth Allocations. By January 15 of each year, the Community Development Department shall document newly created Growth Allocations for the current year and Carry Over Growth Allocations from previous years. Any Carry Over Growth Allocations that are determined to be more than three years old are automatically retired.

H. Points System/Evaluation Criteria.

3. General Location
A map showing such priority shall be adopted or updated from time to time by the Council, and shall be available for inspection in the office of the City Clerk.
a. Project located within Priority Area 1 200
b. Project located within Priority Area 2 100
c. Project located within Priority Area 3 0
5 4. Relationship to Public Services
a. General Location
i. Project abuts existing or approved development that
has not yet been built on four sides 10
ii. Project abuts existing or approved development that has not yet been built on three sides 7
iii. Project abuts existing or approved development that has not yet been built on two sides 5
iv. Project abuts existing or approved development that has not yet been built on one side 3
v. Project is surrounded by undeveloped land 0
b. Wastewater
i. Project is located adjacent to existing Master Plan
sanitary sewers or mains designed to serve the
project 10
ii. Project will extend a Master Plan line within its
boundaries 8
iii. Project will extend a Master Plan line outside of its boundaries but within existing right-of way (0 if right- of-way is necessary) 4
iv. Project requires construction of a new lift station for which funds are available in the Sewer Impact Fee
Fund 0
v. Project requires construction of a new lift station for which funds are not available in the Sewer Impact Fee
Fund *
* Project cannot proceed without provision of funding
for construction of the lift station.
c. Water
i. Project is located adjacent to existing Master Plan
water mains or mains designed to serve the project 10
ii. Project will extend Master Plan lines within its
boundaries 8
iii. Project will extend Master Plan lines outside its
boundaries, but within existing right-of-way (0 if
outside right-of-way) 4
iv. Project requires construction of a new water well for which funds are available in the Water Impact Fee
Fund 0
v. Project requires construction of new water well for
which funds are not available in the Water Impact Fee
Fund *
vi. Project improves the existing system (i.e., eliminates dead-ends, loops master plan lines, provides a well
site) +1 to 3
6 * Project cannot proceed without provision of
funding for construction of the required well.
d. Drainage
i. Project is served by an existing drainage basin and
Master Plan line or mains designed to serve the
project 10
ii. Project will extend a Master Plan line or expand an existing basin within its boundaries 8
iii. Project will extend a Master Plan line or expand an existing basin outside of its boundaries but within
existing rights-of-way (0 points if right-of-way is
necessary) 4
iv. Project requires construction of a new basin for which funds are available in the Master Drainage Impact Fee
Fund 0
v. Project requires construction of a new basin for which funds are not available in the Master Drainage Impact
Fee Fund *
* Project cannot proceed without provision of
funding for construction of the required basin.

5. Promotion of Open Space
Points shall be awarded on the basis of the percentage of coverage of the total loss of project area by roof area and paved areas on-site (exclusive of streets and single-family homes).
20% or less 10
30% or less 8
40% or less 6
50% 4
60% 2
70% or greater 0
Project owner shall submit an analysis of the percentage of the coverage of surface area.

6. Traffic
a. Project widens or improves an existing facility 10
b. Project will extend Master Plan streets within its boundaries 8 c. Project will extend Master Plan streets outside its boundaries, but within existing right-of-way (0 if outside right-of-way) 4 d. Project require roadway improvements for which funds are available in the Street Impact Fee Program 0
e. Project requires roadway improvements for which funds are not available in the Street Impact Fee Program *
f. Project improves circulation by providing additional access to adjacent development (including non-vehicular access) +1 to 5 7 * Project cannot proceed without provision of funding for construction of the required road improvement.

7. Housing
Low and Moderate Income Housing. A point credit will be awarded with the following schedule:
25% or more of units low and moderate 10
20%-24% 8
15%-19% 6
10%-14% 4
5%-9% 2
Less than 5% low and moderate or
low and moderate housing proposed 0

8. Site Plan and Project Design--Bonus Points for Multi-Family Projects These criteria shall only apply to multi-family projects. a. Landscaping. (Planning Commission shall evaluate and provide between 10 and 0 points) 0-10
b. Architectural Design. (SPARC Committee shall evaluate and provide between 10 and 0 points) 0-10

9. Schools
a. Project is within 1/4 mile of an existing (or proposed) elementary school 10
b. Project is within 1/2 mile of an existing (or proposed) elementary school 5
c. Project is more than 1/2 mile from an existing (or proposed) elementary school 0
d. Project is within 1/2 mile of an existing (or proposed) middle school. 10
e. Project is within 1 mile of an existing (or proposed) middle school 5
f. Project is more than 1 mile from an existing (or proposed) middle school 0
g. Project is within 1 mile of an existing (or proposed) high school 10
h. Project is within 2 miles of an existing (or proposed) high school 5

10. Fire Protection. (Proximity to fire protection services) a. Within 3-minute emergency vehicle driving time from the nearest fire station 10
b. Within 4-minute emergency vehicle driving time from the nearest fire station 5
c. Beyond 4-minute emergency vehicle driving time from the nearest fire station 0

8 Dated: March 2, 2022
========================================================================

I hereby certi fy that Resolution No. 2022-__ was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 2, 2022 by the following votes:

AYES: COUNCIL MEMBERS –

NOES: COUNCIL MEMBERS –

ABSENT: COUNCIL MEMBERS –

ABSTAIN: COUNCIL MEMBERS –

PAMELA M. FARRIS
Assistant City Clerk

2022-_____

AGENDA ITEM G-03
APPR
OVED: __________________________________
Stephen Schwabauer, City Manager

CITY OF LODI

COUNCIL COMMUNICATION
TM
AG
ENDA TITLE: Adopt Resolutions and Authorize Documents and Actions Regarding the Financing for the Acquisition, Design and Construction of Capital Improvements (
a) Hold a Noticed Public Hearing.
(
b) Adopt Resolution of the City Council of the City of Lodi Making Findings and A
pproving Documents and Official Actions Relating to the Proposed Issuance by
the Lodi Public Financing Authority of Lease Revenue Bonds to Refinance O
utstanding Lease Revenue Bonds and Provide Financing for Acquisition and C
onstruction of Capital Improvements, Including an Animal Shelter and Parks and Playground Improvements and Upgrades, and
(
c) Adopt Resolution of Board of Directors of the Lodi Public Financing Authority Authorizing the Issuance and Sale of Lease Revenue Bonds to Refinance Outstanding Lease Revenue Bonds and Provide Financing for Acquisition and C
onstruction of Capital Improvements, Including an Animal Shelter and Parks and Playground Improvements and Upgrades, and Approving Related Documents and Official Action
M
EETING DATE: March 2, 2022
P
REPARED BY: Deputy City Manager and City Attorney
RE
COMMENDED ACTION: Adopt Resolutions and Authorize Documents and Actions Regarding the Financing for the Acquisition, Design and Construction of Capital Improvements.
a. H
old a Noticed Public Hearing.
b. A
dopt Resolution of the City Council of the City of Lodi Making Findings and Approving Documents and Official Actions Relating to the Proposed Issuance by the Lodi Public Financing A
uthority of Lease Revenue Bonds to Refinance Outstanding Lease Revenue Bonds and Provide Fi
nancing for Acquisition and Construction of Capital Improvements, Including an Animal Shelter and Parks and Playground Improvements and Upgrades, and c. A
dopt Resolution of Board of Directors of the Lodi Public Financing Authority Authorizing the I
ssuance and Sale of Lease Revenue Bonds to Refinance Outstanding Lease Revenue Bonds and Provide Financing for Acquisition and Construction of Capital Improvements, Including an Animal Shelter and Parks and Playground Improvements and Upgrades, and Approving Related Documents and Official Action.

Adopt Resolutions and Authorize Documents and Actions Regarding the Financing for the Acquisition, Design and Construction of Capital Improvements
March 2, 2022

2 BACKGROUND INFORMATION: The Lodi Public Financing Authority (“PFA”) issued its $19,080,000 Lodi Public Financing Authority 2012 Refunding Lease Revenue Bonds (the “2012 Bonds”) for the purpose of refinancing outstanding certificates of participation that were executed and delivered to finance various municipal facilities of the City. In connection with the issuance of the 2012 Bonds, the City and the PFA entered into a Site Lease and a Lease Agreement, each dated September 1, 2012, pursuant to which, respectively, the City leased to the PFA the land and improvements constituting the City’s police building and Carnegie Forum, and the PFA sub-leased the assets back to the City.

In order to take advantage of prevailing bond market conditions, the City is proposing to refund the 2012 Bonds. The City wishes to leverage the savings achieved by refinancing the 2012 Bonds to finance the acquisition and construction of capital improvements, including a new animal shelter and parks and playground improvements and upgrades (the "Project"). In order to provide funds for the refunding of the 2012 Bonds and the financing of the Project, staff is proposing that the PFA issue lease revenue bonds (the “2022 Lease Revenue Bonds”). In connection with the issuance of the 2022 Lease Revenue Bonds, the City and the PFA will enter into a Site Lease and a Lease Agreement, pursuant to which, respectively, the City will lease to the PFA the land and improvements constituting the City’s police building and the City’s Fire Station #2, and the PFA will sub-lease the assets back to the City.

Government Code Section 6586.5 requires the City to hold a public hearing on the proposed issuance of the 2022 Lease Revenue Bonds to finance the Project, and to make certain findings. As required by Section 6586.5, the City has caused publication of a notice of a public hearing once at least five days prior to the date hereof in a newspaper of general circulation in the City.

SUMMARY OF DOCUMENTS: In order to complete the proposed financing, the City and the PFA are required to adopt resolutions and approve and execute several key legal documents. The resolutions and the key documents are summarized below.

Resolutions: The Resolutions of the City and the PFA approve the issuance of the proposed 2022 Lease Revenue Bonds, the execution of the proposed legal documents, and the distribution of the Official Statement to investors. While the documents are in near-to-final form, the Resolutions authorize certain officers of the City and the PFA to make amendments, as necessary. The Resolutions specify the maximum principal amount for the 2022 Lease Revenue Bonds, maximum interest rate, and maximum underwriter’s discount.

The City Council Resolution includes the findings required to be made by the City Council after holding the public hearing.

Official Statement: The Preliminary Official Statement, approved and signed by the City and PFA, most importantly describes (i) the refunding of the outstanding 2012 Bonds; (ii) the financing of the Project; (iii) the City’s lease payment obligation, which is the source of repayment for the 2022 Lease Revenue Bonds; (iv) potential risks to prospective investors in the 2022 Lease Revenue Bonds (described in the section entitled “RISK FACTORS”); (v) tax status of interest on the 2022 Lease Revenue Bonds (described in the section entitled “TAX MATTERS”); and (vi) the economic and demographic characteristics of the City (set forth in Appendix A). The Preliminary Official Statement (often referred to as the “POS”) is distributed by the underwriter to prospective investors prior to the bond sale so that investors can make informed purchase decisions. The POS is the equivalent of a prospectus in the private sector. The Final Official Statement is sent to purchasers after the terms of the sale are finalized.

Adopt Resolutions and Authorize Documents and Actions Regarding the Financing for the Acquisition, Design and Construction of Capital Improvements
March 2, 2022

3 The distribution of a POS is subject to federal securities laws, including the Securities Act of 1933 and the Securities Exchange Act of 1934. These laws require the POS to include all facts that would be material to an investor considering a purchase of the 2022 Lease Revenue Bonds. Material information is information that there is a substantial likelihood that a reasonable investor would consider important in deciding whether to buy or sell bonds. Materiality is determined in the context of all facts and circumstances.

The Securities and Exchange Commission (the “SEC”), the agency with regulatory authority over the City and the PFA’s compliance with the federal securities laws, has issued guidance as to the duties of the City Council and the PFA’s Board of Directors with respect to their approval of the POS. In its “Report of Investigation in the Matter of County of Orange, California as it Relates to the Conduct of the Members of the Board of Supervisors” (Release No. 36761 / January 24, 1996) (the “Release”), the SEC stated that, if a member of the City Council/Board of Directors has knowledge of any facts or circumstances that an investor would want to know about prior to investing in the bonds, whether relating to their repayment, tax-exempt status, undisclosed conflicts of interest with interested parties, or otherwise, he or she should endeavor to discover whether such facts are adequately disclosed in the POS. In the Release, the SEC stated that the steps that a member of the City Council/Board of Directors could take include becoming familiar with the POS and questioning staff and consultants about the disclosure of such facts.

Continuing Disclosure Certificate: The Continuing Disclosure Certificate, attached as Appendix E to the Official Statement, obligates the City to provide updated information to the bond markets on an ongoing basis. Disclosure is required annually, and on an exceptional basis for any significant listed events.

Bond Purchase Agreement: The Bond Purchase Agreement is executed among the City, the PFA and the Underwriter (Piper Sandler & Co.) on the day of the bond sale. It specifies the actual principal amounts, interest rates, and prices at which the 2022 Lease Revenue Bonds will be sold. Within the Bond Purchase Agreement, the Underwriter commits to purchase the 2022 Lease Revenue Bonds at closing and the PFA commits to sell the 2022 Lease Revenue Bonds at the agreed upon prices and amounts subject to certain closing conditions. Closing conditions generally relate to the execution and validity of all the required documents and the absence of material changes in the nature of the security, etc.

Site Lease: The Site Lease is executed by the City, as lessor, and the PFA, as lessee. The City will lease the land and improvements constituting the City police building and the City’s Fire Station #2 (“Leased Property”), in consideration of the payment by the Authority of an upfront rental payment (the “Site Lease Payment”) that is sufficient to provide funds for the refunding of the 2012 Bonds and the financing of the Project. The PFA has authorized the issuance of the 2022 Lease Revenue Bonds under an Indenture of Trust (the “Indenture”) between the PFA and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), for the purpose of providing the funds to enable the PFA to pay the Site Lease Payment to the City.

Lease Agreement: The Lease Agreement is executed by the PFA, as lessor, and the City, as lessee. In order to provide revenues which are sufficient to enable the PFA to pay debt service on the 2022 Revenue Bonds, the PFA will sub-lease the Leased Property back to the City under the Lease Agreement and the City will pay semiannual lease payments as the rental for Leased Property. The lease payments made by the City under the Lease Agreement will be assigned by the PFA to the Trustee for the security of the 2022 Lease Revenue Bonds under an Assignment Agreement (described below), between the PFA, as assignor, and the Trustee, as assignee.

Adopt Resolutions and Authorize Documents and Actions Regarding the Financing for the Acquisition, Design and Construction of Capital Improvements
March 2, 2022

4 Assignment Agreement: The Assignment Agreement is executed by the PFA and the Trustee.

Under the Assignment Agreement, the PFA will assign certain of its rights under the Lease Agreement to the Trustee for the benefit of the 2022 Lease Revenue Bond owners.

The Site Lease, the Lease Agreement, and the Assignment Agreement will be concurrently recorded in the real property records of San Joaquin County Recorder.

Indenture of Trust: The Indenture of Trust is the legal document between the PFA and the Trustee that lays out the terms of the 2022 Lease Revenue Bonds. It will specify:
• the payment dates and maturities of the 2022 Lease Revenue Bonds; • the Authority’s right to redeem (or prepay) 2022 Lease Revenue Bonds prior to their scheduled maturity date (which the City/Authority would typically exercise to take advantage of lower interest rates);
• the pledge of revenues for payment of the 2022 Lease Revenue Bonds; • the default and remedy provisions (in the event the City failed to make the lease payments under the Lease Agreement);
• the obligations of the Trustee; and
• the conditions for defeasance of the 2022 Lease Revenue Bonds (discharge of the indenture).

Irrevocable Refunding Instructions: The Irrevocable Refunding Instructions will be given by the PFA to the trustee for the 2012 Bonds (U.S. Bank Trust Company, National Association) for the purpose of providing the 2012 Bond Trustee with irrevocable instructions as to the use of the proceeds of the 2022 Lease Revenue Bonds and other available money to redeem the 2012 Bonds.

FISCAL IMPACT: An increase at current City debt of $15 million but no net increase in total debt service costs over the life of the new financing.

FUNDING AVAILABLE: Refinanced debt service costs paid in interest savings.

_________________________ ___________________________
Andrew Keys Janice D. Magdich
Deputy City Manager City Attorney

JDM/lst

Attachments: Draft City Council Resolution and Appendicies Draft Lodi Public Financing Authority Resolution and Appendicies Draft Preliminary Official Statement and Appendices
Bond Purchase Agreement
Draft Site Lease
Draft Lease Agreement
Assignment Agreement
Indenture of Trust
Irrevocable Refunding Instructions
RESOLUTION NO. 2022 - ___

A RESOLUTION OF THE LODI CITY COUNCIL MAKING FINDINGS AND

APPROVING DOCUMENTS AND ACTIONS RELATING TO THE PROPOSED

ISSUANCE BY THE LODI PUBLIC FINANCING AUTHORITY OF LEASE REVENUE

BONDS TO REFINANCE OUTSTANDING LEASE REVENUE BONDS AND

PROVIDE FINANCING FOR ACQUISITION AND CONSTRUCTION OF CAPITAL

IMPROVEMENTS, INCLUDING AN ANIMAL SHELTER AND PARKS AND

PLAYGROUND IMPROVEMENTS AND UPGRADES
=========================================================================

WHEREAS, the Lodi Public Financing Authority (the “Authority”) previously issued its $19,080,000 Lodi Public Financing Authority 2012 Refunding Lease Revenue Bonds (the “2012 Bonds”) for the purpose of refinancing outstanding certificates of participation that were executed and delivered to finance various municipal facilities of the City of Lodi (the “City”); and

WHEREAS, in connection with the issuance of the 2012 Bonds, the City and the Authority entered into a Site Lease and a Lease Agreement, each of which was dated as of September 1, 2012, pursuant to which, respectively, the City leased to the Authority and subleased from the Authority the land and improvements constituting the City’s police building and Carnegie Forum; and

WHEREAS, in order to take advantage of prevailing bond market conditions, the City Council wishes to authorize the refinancing of the 2012 Bonds; and

WHEREAS, the City further w ishes to leverage the savings achieved by refinancing the 2012 Bonds to finance the acquisition and construction of capital improvements, including, among other things, a new animal shelter and park and playground improvements and upgrades (the “Project”); and

WHEREAS, to that end, the City has proposed to lease the land and improvements constituting the City’s police building and its Fire Station #2 (the “Leased Property”) to the Authority under a Site Lease, the form of which is on file with the City Clerk, in consideration of the payment by the Authority of an upfront rental payment which is sufficient to provide funds to refinance the 2012 Bonds and finance the acquisition and construction of the Project; and

WHEREAS, in order to raise funds for the upfront rental payment, the Authority proposes to issue and sell its Lodi Public Financing Authority 2022 Lease Revenue Bonds (2012 Refunding; Capital Projects Financing) (the “Bonds”) under Article 4 of Chapter 5, Division 7, Title 1 of the Government Code of the State of California, commencing with Section 6584 of said Code (the “Bond Law”); and

WHEREAS, in order to secure the payments of principal of and interest on the Bonds, the Authority proposes to lease the Leased Property back to the City under a Lease Agreement (the “Lease Agreement”), the form of which is on file with the City Clerk , under which the City is obligated to pay semiannual lease payments as rental for the Leased Property, and the Authority will assign substantially all of its rights under the Lease Agreement to U.S. Bank Trust Company, National Association, as trustee for the Bonds; and

WHEREAS, there has been submitted to the City Council a form of preliminary Official Statement in connection with the marketing of the Bonds and the City Council, with the aid of its staff, has reviewed the preliminary Official Statement to assure proper disclosure of all material -2-
facts relating to the Bonds that are in the personal knowledge of the members of the City Council and the City staff; and

WHEREAS, the Authority and the City propose to sell the Bonds to Piper Sandler & Co. (the “Underwriter”) pursuant to a Bond Purchase Agreement (the “Bond Purchase Agreement”), the form of which is on file with the City Clerk; and

WHEREAS, in order to ass ist the Underwriter in complying with Rule 15c2- 12 of the Securities and Exchange Commission, the City will undertake certain continuing disclosure obligations with respect to the Bonds pursuant to a continuing disclosure certificate to be executed by the City (the "Continuing Disclosure Certificate"), the form of which is on file with the City Clerk; and

WHEREAS, as a condition precedent to the issuance by the Authority of the Bonds to provide financing for the Project, Section 6586.5 of the Bond Law requires that the City approve the proposed lease financing by the Authority and that the City make certain findings with respect to such financing, and Section 6586.5 further requires that such approval be given and findings be made only after a noticed public hearing; and

WHEREAS, as required by Section 6586.5 of the Bond Law , the City has caused publication of a notice of a public hearing on the financing of the Project once at least five days prior to the hearing in a newspaper of general circulation in the City; and

WHEREAS, the City Council held a public hearing at which all interested persons were provided the opportunity to speak on the subject of financing the Project; and

WHEREAS, in accordance with Government Code Section 5852.1, the City Council has obtained and wishes to disclose the information set forth in Appendix A hereto; and

WHEREAS, the City Council wishes at this time to approve all proceedings to which it is a party relating to the issuance and sale of the Bonds, the refinancing of the 2012 Bonds and the financing of the Project.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lodi as follows:

SECTION 1. Issuance of Bonds. The City Council hereby approves the issuance of the Bonds by the Authority under the Bond Law in the maximum principal amount of $30,000,000, for the purpose of providing funds to refinance the 2012 Bonds and finance the Project.

Pursuant to the Bond Law, and based on the information provided to the City Council by City staff and consultants, all as set forth in the proceedings and documents providing for the issuance and delivery of the Bonds , the City Council hereby finds and determines that the issuance of the Bonds and the transactions related thereto will result in significant public benefits within the contemplation of Section 6586 of the Bond Law, namely, demonstrable savings in bond preparation, bond underwriting and bond issuance costs.

SECTION 2. Approval of Related Financing Agreements. The City Council hereby approves each of the following agreements required for the issuance and sale of the Bonds, the refinancing of the 2012 Bonds and the financing of the Project, in substantially the respective forms on file with the City Clerk together with any changes therein or additions thereto deemed advisable by the City Manager, the Deputy City Manager or the City Attorney (each, an “Authorized Officer”), whose execution thereof shall be conclusive evidence of the approval of any such changes or additions. An Authorized Officer is hereby authorized and directed for and -3-
on behalf of the City to execute, and the City Clerk is hereby authorized and directed to attest, the final form of each such agreement, as follows:

• Site Lease , between the City as lessor and the Authority as lessee, under which the City leases the Leased Property to the Authority in consideration of the payment of an amount which will be applied by the City to refinance the 2012 Bonds and finance the Project.

• Lease Agreement, between the Authority as lessor and the City as lessee, under which the Authority leases the Leased Property back to the City and the City agrees to pay semiannual lease payments which are sufficient to provide revenues with which to pay principal of and interest on the Bonds when due.

• Irrevocable Refunding Instructions, to be given by the Authority to the trustee for the 2012 Bonds, and to be consented to by the City , providing for the deposit, investment and application of funds to defease and redeem the 2012 Bonds.

• Bond Purchase Agreement, among the City, the Authority and the Underwriter, which establishes the terms under which the Underwriter will purchase the Bonds from the Authority.

• Continuing Disclosure Certificate, to be executed by the City.

SECTION 3. Negotiated Sale of Bonds. The City Council hereby approves the negotiated sale of the Bonds by the Authority to the Underwriter. The Bonds shall be sold pursuant to the terms and provisions of the Bond Purchase Agreement. The Bonds shall be sold at a true interest cost not to exceed 4.0 percent. The Underwriter’s discount shall not exceed 1.0 percent.

SECTION 4. Official Statement. The City Council hereby approves the preliminary Official Statement describing the Bonds in substantially the form on file with the City Clerk. An Authorized Officer is hereby authorized and directed to approve any changes in or additions to said preliminary Official Statement and to execute an appropriate certificate stating the Authorized Officer’s determination that the preliminary Official Statement (together with any changes therein or additions thereto) has been deemed nearly final within the meaning of Rule 15c2- 12 of the Securities Exchange Act of 1934. Distribution of the preliminar y Official Statement by the Underwriter is hereby approved. An Authorized Officer is hereby authorized and directed to approve any changes in or additions to a final form of said Official Statement, and the execution thereof by an Authorized Officer shall be conclusive evidence of approval of any such changes and additions. The City Council hereby authorizes the distribution of the final Official Statement by the Underwriter. The final Official Statement shall be executed on behalf of the City by an Authorized Officer.

SECTION 5. Official Actions. The Mayor, the City Manager, the Deputy City Manager and the City Attorney and all other officers of the City are each authorized and directed on behalf of the City to make any and all leases, assignments, certificates, requisitions, agreements (including an escrow deposit and trust agreement, if needed) , notices, consents, instruments of conveyance or termination, warrants and other documents, which they or any of them deem necessary or appropriate in order t o consummate any of the transactions contemplated by the agreements and documents approved under this Resolution, and the City Manager may direct the City Clerk to execute and deliver such other documents as the City Manager determines are necessary or appropriate in order to consummate any of the transactions contemplated by the agreements and documents approved under this Resolution. An Authorized Officer may revise -4-
the identity of the Leased Property as necessary in order to accomplish the purposes of t his Resolution. An Authorized Officer may approve the purchase of municipal bond insurance or a debt service reserve fund policy if the Authorized Officer, in consultation with the City’s municipal advisor, concludes such purchase would be economically beneficial for the City. Whenever in this Resolution any officer of the City is authorized to execute or countersign any document or take any action, such execution, countersigning or action may be taken on behalf of such officer by any person designated by such officer to act on his or her behalf in the case such officer is absent or unavailable.

SECTION 6. Effective Date. This Resolution shall take effect immediately upon its passage and adoption.

Dated: March 2, 2022
========================================================================

I hereby certify that Resolution No. 2022-__ was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 2, 2022 by the following votes:

AYES: COUNCIL MEMBERS –
NOES: COUNCIL MEMBERS –
ABSENT: COUNCIL MEMBERS –
ABSTAIN: COUNCIL MEMBERS –

MARK CHANDLER
Mayor

PAMELA M. FARRIS
Assistant City Clerk

2022-_____
-5-

APPENDIX A

Government Code Section 5852.1 Disclosure

The good faith estimates set forth herein are provided with respect to the Bonds in accordance with California Government Code Section 5852.1. Such good faith estimates have been provided to the City and the Authority by the Underwriter of the Bonds.

Principal Amount. The Underwriter has informed the City and the Authority that, based on the financing plan and current market conditions, its good faith estimate of the aggregate principal amount of the Bonds to be sold is $ 26,475,000 (the “Estimated Principal Amount”), which excludes net premium that might be generated in the sale under current market conditions.

True Interest Cost of the Bonds. The Underwriter has informed the City and the Authority that, assuming that the Estimated Principal Amount of the Bonds is sold, and based on market interest rates prevailing at the time of preparation of such estimate, its good faith estimate of the true interest cost of the Bonds, which means the rate necessary to discount the amounts payable on the respective principal and interest payment dates to the purchase price received for the Bonds, is 2.75%.

Finance Charge of the Bonds . The Underwriter has informed the City and the Authority that, assuming that the Estimated Principal Amount of the Bonds is sold, and based on market interest rates prevailing at the time of preparation of such estimate, its good faith estimate of the finance charge for the Bonds, which means the sum of all fees and charges paid to third parties (or costs associated with the Bonds), is $611,071. Such fees and charges include fees for bond and disclosure counsel, municipal advisor, special tax consultant, fiscal agent, rating agencies, City and Authority expenses, City Attorney and staff time related to bond issuance, printing, and underwriting.

Amount of Proceeds to be Received. The Underwriter has informed the City and the Authority that, assuming that the Estimated Principal Amount of the Bonds is sold, and based on market interest rates prevailing at the time of preparation of such estimate, its good faith estimate of the amount of proceeds expected to be received for sale of the Bonds, less the finance charge of the Bonds, as estimated above, and any reserves or capitalized interest paid or funded with proceeds of the Bonds, is $28,330,255.

Total Payment Amount . The Underwriter has informed the City and the Authority that, assuming that the Estimated Principal Amount of the Bonds is sold, and based on market interest rates prevailing at the time of preparation of such estimate, its good faith estimate of the tot al payment amount, which means the sum total of all payments that the Authority will make to pay debt service on the Bonds, plus the finance charge for the Bonds, as described above, not paid with the proceeds of the Bonds, calculated to the final maturity of the Bonds, is $44,134,950.

-6-
The foregoing estimates constitute good faith estimates only. The actual principal amount of the Bonds issued and sold, the true interest cost thereof, the finance charges thereof, the amount of proceeds received therefrom and total payment amount with respect thereto may differ from such good faith estimates due to (a) the actual date of the sale of the Bonds being different than the date assumed for purposes of such estimates, (b) the actual principal amount of Bonds sold being different from the Estimated Principal Amount, (c) the actual amortization of the Bonds being different than the amortization assumed for purposes of such estimates, (d) the actual market interest rates at the time of sale of the Bonds being different than those estimated for purposes of such estimates, (e) other market conditions, or (f) alterations in the financing plan, delays in the financing, or a combination of such factors. The actual date of sale of the Bonds and the actual principal amount of Bonds sold will be determined by the City based on the timing of the need for proceeds of the Bonds and other factors. The actual interest rates borne by the Bonds will depend on market interest rates at the time of sale thereof. The actual amortization of the Bonds will also depend, in part, on market interest rates at the time of sale thereof. Market interest rates are affected by economic and other factors beyond the control of the City.

RESOLUTION NO. LPFA2022-___

A RESOLUTION OF THE LODI PUBLIC FINANCING AUTHORITY

AUTHORIZING THE ISSUANCE AND SALE OF LEASE REVENUE BONDS TO

REFINANCE OUTSTANDING LEASE REVENUE BONDS AND PROVIDE

FINANCING FOR ACQUISITION AND CONSTRUCTION OF CAPITAL

IMPROVEMENTS, INCLUDING AN ANIMAL SHELTER AND PARKS AND

PLAYGROUND IMPROVEMENTS AND UPGRADES, AND APPROVING

RELATED DOCUMENTS AND OFFICIAL ACTIONS
========================================================================

WHEREAS, in order to take advantage of prevailing bond market conditions, the City wishes to authorize the refinancing of the 2012 Bonds; and

WHEREAS, the City further wishes to leverage the savings achieved by refinancing the 2012 Bonds to finance the acquisition and construction of capital improvements, including a new animal shelter and park and playground improvements and upgrades (the “Project”); and

WHEREAS, to that end, the City has proposed to lease the land and improvements constituting the City’s police building and its Fire Station #2 (the “Leased Property ”) to the Authority under a Site Lease, the form of which is on file with the Secretary, in consideration of the payment by the Authority of an upfront rental payment which is sufficient to provide funds to refinance the 2012 Bonds and finance the acquisition and construction of the Project; and

WHEREAS, in order to secure the payments of principal of and interest on the Bonds, the Authority proposes to lease the Leased Property back to the City under a Lease Agreement (the “Lease Agreement”), the form of which is on file with the Secretary , under which the City is obligated to pay semiannual lease payments as rental for the Leased Property, and the Authority will assign substantially all of its rights under the Lease Agreement to U.S. Bank Trust Company, National Association, as trustee for the Bonds; and

WHEREAS, there has been submitted to the Board of Directors a form of preliminary Official Statement in connection with the marketing of the Bonds and the Board of Directors, with the aid of its staff, has reviewed the preliminary Official Statement to assure proper disclosure of -2-
all material facts relating to the Bonds that are in the personal knowledge of the members of the Board of Directors; and

WHEREAS, as required by Section 6586.5 of the Bond Law, the City has caused publication of a notice of a public hearing on the financing of the Project once at least five days prior to the hearing in a newspaper of general circulation in the City; and

WHEREAS, the City Council held a public hearing at which all interested persons were provided the opportunity to speak on the subject of financing the Project; and

WHEREAS, in accordance with Government Code Section 5852.1, the Board of Directors has obtained and wishes to disclose the information set forth in Appendix A hereto; and

WHEREAS, the Board of Directors wishes at this time to approve all proceedings to which it is a party relating to the issuance and sale of the Bonds, the refinancing of the 2012 Bonds and the financing of the Project;

NOW, THEREFORE, BE IT RESOLVED by the Board of Dire ctors of the Lodi Public Financing Authority as follows:

SECTION 1. Issuance of Bonds. The Board of Directors hereby authorizes the issuance of the Bonds under the Bond Law in the maximum principal amount of $30,000,000, for the purpose of providing funds to refinance the 2012 Bonds and finance the Project. The Bonds shall be issued under the Bond Law and the Indenture of Trust that is approved below.

SECTION 2. Approval of Related Financing Agreements. The Board of Directors hereby approves each of the following agreements required for the issuance and sale of the Bonds, the refinancing of the 2012 Bonds and the financing of the Project, in substantially the respective forms on file with the Secretary together with any changes therein or additions thereto deemed advisable by the Executive Director, the Treasurer or the General Counsel (each, an “Authorized Officer”), whose execution thereof shall be conclusive evidence of the approval of any such changes or additions. An Authorized Officer is hereby authorized and directed for and on behalf of the Authority to execute, and the Secretary is hereby authorized and directed to attest, the final form of each such agreement, as follows:

• Indenture of Trust, between the Authority and U.S. Bank National Association, as trustee (the “Trustee”), setting forth the terms and provisions relating to the Bonds.

• Site Lease , between the City as lessor and the Authority as lessee, under which the City leases the Leased Property to the Authority in consideration of -3-
the payment of an amount which will be applied by the City to refinance the 2012 Bonds and finance the Project.

• Assignment Agreement, between the Authority and the Trustee, whereby the Authority assigns certain of its rights under the Lease Agreement to the Trustee for the benefit of the Refunding Bond owners.

• Bond Purchase Agreement, among the City, the Authority and the Underwriter, which establishes the terms under which the Underwriter will purchase the Bonds from the Authority.

• Irrevocable Refunding Instructions, to be given by the Authority to the trustee for t he 2012 Bonds, and to be consented to by the City, providing for the deposit, investment and application of funds to defease and redeem the 2012 Bonds.

SECTION 3. Negotiated Sale of Bonds . The Board of Directors hereby authorizes and directs the negoti ated sale of the Bonds to the Underwriter. The Bonds shall be sold at a true interest cost not to exceed 4.0 percent. The Underwriter’s discount shall not exceed 1.0 percent.

SECTION 4. Official Statement. The Board of Directors hereby approves the preliminary Official Statement describing the Bonds in substantially the form on file with the Secretary. An Authorized Officer is hereby authorized and directed to approve any changes in or additions to said preliminary Official Statement and to execute an appropriate certificate stating the Authorized Officer’s determination that the preliminary Official Statement (together with any changes therein or additions thereto) has been deemed nearly final within the meaning of Rule 15c2- 12 of the Securities Exchang e Act of 1934. Distribution of the preliminary Official Statement by the Underwriter is hereby approved. An Authorized Officer is hereby authorized and directed to approve any changes in or additions to a final form of said Official Statement, and the ex ecution thereof by an Authorized Officer shall be conclusive evidence of approval of any such changes and additions. The Board of Directors hereby authorizes the distribution of the final Official Statement by the Underwriter. The final Official Statemen t shall be executed on behalf of the Authority by an Authorized Officer.

SECTION 5. Official Actions. The Chair, the Executive Director, the Treasurer, the General Counsel and all other officers of the Authority are each authorized and directed on behalf of the Authority to make any and all assignments, certificates, requisitions, agreements (including an escrow deposit and trust agreement, if needed), notices, consents, instruments of conveyance and other documents, which they or any of them deem necessary or appropriate in order to consummate any of the transactions contemplated by the agreements and documents approved under this Resolution, and the Executive Director may direct the Secretary to execute and deliver such other documents as the Executive Director determines are necessary or appropriate in order to consummate any of the transactions contemplated by the agreements and documents approved under this Resolution. An Authorized Officer may revise the identity of the Leased -4-
Property as neces sary in order to accomplish the purposes of this Resolution. An Authorized Officer may approve the purchase of municipal bond insurance or a debt service reserve fund policy if the Authorized Officer, in consultation with the City’s municipal advisor, concludes such purchase would be economically beneficial for the City. Whenever in this resolution any officer of the Authority is authorized to execute or countersign any document or take any action, such execution, countersigning or action may be taken on behalf of such officer by any person designated by such officer to act on his or her behalf if such officer is absent or unavailable.

SECTION 6. Effective Date. This Resolution shall take effect immediately upon its passage and adoption.

Dated: March 2, 2022
========================================================================

I hereby certify that Resolution No. 2022-__ was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 2, 2022 by the following votes:

AYES: BOARD MEMBERS –
NOES: BOARD MEMBERS –
ABSENT: BOARD MEMBERS –
ABSTAIN: BOARD MEMBERS –

MARK CHANDLER
Chairperson

PAMELA M. FARRIS
Secretary

LPFA2022-_____

APPENDIX A

Government Code Section 5852.1 Disclosure

Principal Amount. The Underwriter has informed the City and the Authority that, based on the financing plan and current market conditions, its good faith estimate of the aggregate principal amount of the Bonds to be sold is $26,475,000 (the “Estimated Principal Amount”), which excludes net premium that might be generated in the sale under current market conditions.

Such fees and charges include fees for bond and disclosure counsel, municipal advisor, special tax consultant, fiscal agent, rating agencies, City and Authority expenses, City Attorney and staff time related to bond issuance, printing, and underwriting.

Total Payment Amount. The Underwriter has informed the City and the Authority that, assuming that the Estimated Principal Amount of the Bonds is sold, and based on market interest rates prevailing at the time of preparation of such estimate, its good faith estimate of the total payment amount, which means the sum total of all payments that the Authority will make to pay debt service on the Bonds, plus the finance charge for the Bonds, as described above, not paid with the proceeds of the Bonds, calculated to the final maturity of the Bonds, is $44,134,950.

A-2

The foregoing estimates constitute good faith estimates only. The actual principal amount of the Bonds issued and sold, the true interest cost thereof, the finance charges thereof, the amount of proceeds received therefrom and total payment amount with respect thereto may differ from such good faith estimates due to (a) the actual date of the sale of the Bonds being different than the date assumed for purposes of such estimates, (b) the actual principal amount of Bonds sold being different from the Estimated Principal Amount, (c) the actual amortization of the Bonds being different than the amortization assumed for purposes of such estimates, (d) the actual market interest rates at the time of sale of the Bonds being different than those estimated for purposes of such estimates, (e) other market conditions, or (f) alterations in the financing plan, delays in the financing, or a combination of such factors. The actual date of sale of the Bonds and the actual principal amount of Bonds sold will be determined by the City based on the timing of the need for proceeds of the Bonds and other factors. The actual interest rates borne by the Bonds will depend on market interest rates at the time of sale thereof. The actual amortization of the Bonds will also depend, in part, on market interest rates at the time of sale thereof. Market interest rates are affected by economic and other factors beyond the control of the City.

PRELIMINARY OFFICIAL STATEMENT DATED ____________, 2022 NEW ISSUE - FULL BOOK-ENTRY RATING: Standard & Poor’s: “___” See “RATING” herein.

In the opinion of Jones Hall, A Professional Law Corporation, San Francisco, California, Bond Counsel, subject, however to certain qualifications described herein, under existing law, the interest on the Bonds is excluded from gross income for federal income tax purposes and such interest is not an item of tax preference for purposes of the federal alternative mini mum tax. In the further opinion of Bond Counsel, such interest is exempt from California personal income taxes. See "TAX MATTERS."

$____________*

LODI PUBLIC FINANCING AUTHORITY
2022 LEASE REVENUE BONDS
(2012 Refunding; Capital Projects Financing)

Dated: Date of Delivery Due: October 1, as shown on inside cover Authority for Issuance. The bonds captioned above (the “Bonds”) are being issued by the Lodi Public Financing Authority (the “Authority”) under a resolution adopted by the Board of Directors of the Authority on March 2, 2022 by the Board of Directors of the Authority and an Indenture of Trust dated as of March 1, 2022 (the “Indenture”) by and between the Authority and U.S. Bank Trust Company, National Association, as trustee for the Bonds (the “Trustee”). See “THE BONDS – Authority for Issuance.” Purpose. The Bonds are being issued primarily to (i) refund the outstanding amount of the Authority’s $19, 080,000 original principal amount of 2012 Refunding Lease Revenue Bonds and the City’s related lease payment obligation and (ii) finance the acquisition and construction of capital improvements of the City, including a new animal shelter and parks and playground improvements and upgrades . In addition, the proceeds of the Bonds will be used to [(i) fund a reserve fund for the Bonds, including, if elected by the Authority, to pay the premium for a debt service reserve policy, (ii) if elected by the Authority, pay the premium for a municipal bond insurance policy, and] (iii) pay the costs of issuing the Bonds. See “FINANCING PLAN.”
Security. Under the Indenture, the Bonds will be payable solely from and secured by Revenues and certain funds and accounts held under the Indenture. Revenues consist primarily of lease payments (“Lease Payments”) to be made by the City pursuant to a Lease Agreement, dated as of March 1, 2022 (the “Lease”), by and between the Authority and the City, for the leasing of certain real property. Under the Lease, the City covenants to take such actions as necessary to include the Lease Payments in its annual budgets and to make all necessary appropriations for such Lease Payments (subject to abatement under certain circumstances as described in this Offic ial Statement). The Authority is considering the use of a municipal bond insurance policy that guarantees the scheduled payment of principal of and interest on all or a portion of the Bonds when due and a debt service reserve policy guaranteeing certain payments. The A uthority will decide whether or not to utilize a municipal bond insurance policy or a debt service reserve policy depending on market conditions at the time of sale of the Bonds. See “SECURITY FOR THE BONDS.”
Book-Entry Only. The Bonds will be issued in book-entry form only, and will be initially issued and registered in the name of Cede & Co. as nominee of The Depository Trust Company, New York, New York (“DTC”). The Bonds are issuable as fully registered securities in denominations of $5,000 or any integral multiple of $5,000. Purchasers of the Bonds (the “Benefici al Owners”) will not receive physical certificates representing their interest in the Bonds. See “THE BONDS” and “APPENDIX F - DTC AND THE BOOK-ENTRY ONLY SYSTEM.” Payments. Interest on the Bonds accrues from the date of delivery and is payable semiannually on April 1 and October 1 of each year, commencing October 1, 2022 . Payments of principal and interest on the Bonds will be paid by the Trustee to DTC for subsequent disbursement to DTC Participants, which will remit such payments to the Beneficial Owners of the Bonds. See “THE BONDS - General Provisions.”
Redemption. The Bonds are subject to optional redemption, mandatory sinking fund payment redemption and special mandatory redemption from insurance or condemnation proceeds prior to maturity. See “THE BONDS – Redemption.”

NEITHER THE BONDS, NOR THE OBLIGATION OF THE AUTHORITY TO PAY PRINCIPAL OF OR INTEREST THEREON, NOR THE

OBLIGATION OF THE CITY TO MAKE THE LEASE PAYMENTS, CONSTITUTE A DEBT OR A LIABILITY OF THE AUTHORITY, THE CITY,

THE STATE OF C ALIFORNIA OR ANY OF ITS POLITICAL SUBDIVISIONS WITHIN THE ME ANING OF ANY CONSTIT UTIONAL LIMITATION ON INDEBT EDNESS, OR A PLEDGE OF THE FULL FAITH AN D CREDIT OF THE CITY . THE BONDS ARE SECURED SOLELY BY THE PLEDGE OF REVENUES AND CERTAIN FUNDS HELD UNDER THE INDENTURE. THE BONDS ARE NOT SECURED BY A PLEDGE OF THE TAXING POWER OF THE CITY.

MATURITY SCHEDULE
(see inside cover)
Cover Page. This cover page contains certain information for general reference only. It is not a summary of all the provisions of t he Bonds. Prospective investors must read the entire Official Statement to obtain information essential to making an informed i nvestment decision.

The Bonds are offered when, as and if issued and accepted by the Underwriter, subject to approval as to thei r legality by Jones Hall, A Professional Law Corporation, San Francisco, California, Bond Counsel, and subject to certain other conditions. Certain legal matters will also be passed upon for the Authority and the City by Jones Hall, A Professional Law Cor poration, as Disclosure Counsel. Certain legal matters will be passed upon for the City by the City Attorney. Kutak Rock LLP , Irvine, California, is serving as counsel to the Underwriter. It is anticipated that the Bonds will be delivered in book-entry form through the facilities of DTC on or about April ___, 2022.

[Piper Sandler Logo]

This Preliminary Official Statement and the information contained herein are subject to completion or amendment. These securities may not be sold nor may offers to buy be accepted prior to the time the Official Statement is delivered in final form. Under no circumstances will this Preliminary Official Statement constitute an offer to sell or a solicitation of an offer to buy nor will there be any sale of these securities in any jurisdiction in which such offer solicitation or sale would be unlawful.

The date of this Official Statement is: _____________, 2022.

* Preliminary; subject to change.

LODI PUBLIC FINANCING AUTHORITY
2022 LEASE REVENUE BONDS
(2012 Refunding; Capital Projects Financing)

MATURITY SCHEDULE*
(Base CUSIP:† _______)

$__________ Serial Bonds

Maturity Date Principal Interest
(October 1) Amount Rate Yield Price CUSIP†

$__________ ___% Term Bond Due October 1, ____, Yield ___%, Price: ____%, CUSIP†: ________

* Preliminary; subject to change.
† CUSIP Copyright 2022, CUSIP Global Services, and a registered trademark of American Bankers Association. CUSIP data herein is provided by CUSIP Global Services, which is managed on behalf of American Bankers Association by S&P Capital IQ. None of the Authority, the City nor the Underwriter takes any responsibility for the accuracy of the CUSIP data.

LODI PUBLIC FINANCING AUTHORITY

CITY OF LODI

AUTHORITY BOARD/CITY COUNCIL
Mark Chandler, Mayor/Member
Mikey Hothi, Mayor Pro Tem/Member
Alan Nakanishi, Council Member/Member
Doug Kuehne, Councilmember/Member
Shak Khan, Councilmember/ Member

AUTHORITY/CITY OFFICIALS
Stephen Schwabauer, City Manager/Executive Director
Andrew Keys, Deputy City Manager/Treasurer
Janice D. Magdich, City Attorney/Authority Counsel
Charles Swimley, Public Works Director

_______________________________________

BOND COUNSEL
Jones Hall, A Professional Law Corporation
San Francisco, California

MUNICIPAL ADVISOR
Fieldman, Rolapp & Associates, Inc.

Irvine, California

TRUSTEE
U.S. Bank Trust Company, National Association
San Francisco, California

GENERAL INFORMATION ABOUT THIS OFFICIAL STATEMENT

No Offering May Be Made Except by this Official Statement . No dealer, broker, salesperson or other person has been authorized to give any information or to make any representations with respect to the 2022 Bonds other than as contained in this Official Statement, and if given or made, such other information or representation must not be relied upon as having been authorized.

No Unlawful Offers or Solicitations . This Official Statement does not constitute an offer to sell or the solicitation of an offer to buy in any state in which such offer or solicitation is not authorized or in whic h the person making such offer or solicitation is not qualified to do so or to any person to whom it is unlawful to make such offer or solicitation.

Effective Date. This Official Statement speaks only as of its date, and the information and expressions of opinion contained in this Official Statement are subject to change without notice. Neither the delivery of this Official Statement nor any sale of the 2022 Bonds will, under any circumstances, create any implication that there has been no change in the affairs of the City, the Authority, or any other parties described in this Official Statement.

Use of this Official Statement. This Official Statement is submitted in connection with the sale of the 2022 Bonds referred to in this Official Statement an d may not be reproduced or used, in whole or in part, for any other purpose. This Official Statement is not a contract with the purchasers of the 2022 Bonds.

Preparation of this Official Statement. The information contained in this Official Statement has been obtained from sources that are believed to be reliable, but this information is not guaranteed as to accuracy or completeness.

The Underwriter has provided the following sentence for inclusion in this Official Statement: The Underwriter has reviewed the information in this Official Statement in accordance with, and as part of, its responsibilities to investors under the federal securities laws as applied to the facts and circumstances of this transaction, but the Underwriter does not guarantee the accuracy or completeness of such information.

Document References and Summaries. All references to and summaries of the Indenture, the Lease, the Site Lease, or other documents contained in this Official Statement are subject to the provisions of those documents and do not purport to be complete statements of those documents.

Bonds are Exempt from Securities Laws Registration. The issuance and sale of the Bonds have not been registered under the Securities Act of 1933, as amended (the “ Securities Act”), or the Securities Exchange Act of 1934, as amended (the “ Securities Exchange Act ”), in reliance upon exemptions for the issuance and sale of municipal securities provided under Section 3(a)(2) of the Securities Act and Section 3(a)(12) of the Securiti es Exchange Act.

Stabilization of Prices . In connection with this offering, the Underwriter may overallot or effect transactions which stabilize or maintain the market price of the Bonds at a level above that which might otherwise prevail in the open market. Such stabilizing, if commenced, may be discontinued at any time. The Underwriter may offer and sell the 2022 Bonds to certain dealers and others at prices lower than the public offering prices set forth on the cover page hereof and said public offering prices may be changed from time to time by the Underwriter.

Estimates and Projections. Certain statements included or incorporated by reference in this Official Statement constitute “forward-looking statements” within the meaning of the Private Secur ities Litigation Reform Act of 1995, Section 21E of the Securities Exchange Act and Section 27A of the Securities Act. Such statements are generally identifiable by the terminology used such as “plan,” “expect,” “estimate,” “budget” or other similar words.

THE ACHIEVEMENT OF CERTAIN RESULTS OR OTHER EXPECTATIONS CONTAINED IN SUCH

FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER

FACTORS WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS DESCRIBED TO BE

MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. NEITHER THE CITY NOR THE AUTHORITY PLAN

TO ISSUE ANY UPDATES OR REVISIONS TO THOSE FORWARD -LOOKING STATEMENTS IF OR WHEN THEIR

EXPECTATIONS, OR EVENTS, CONDITIONS OR CIRCUMSTANCES ON WHICH SUCH STATEMENTS ARE BASED OCCUR.

Website. The City maintains a website; however, the information presented on the website is not a part of this Official Statement and should not be relied upon in mak ing an investment decision with respect to the 2022 Bonds.

TABLE OF CONTENTS
INTRODUCTION Error! Bookmark not defined.

THE REFINANCING PLANError! Bookmark not defined.

Refunding of 2012 BondsError! Bookmark not defined.

The ProjectError! Bookmark not defined.

Estimated Sources and Uses
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THE LEASED PROPERTYError! Bookmark not defined.

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Modifications of Leased PropertyError! Bookmark not defined.

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Release of Leased PropertyError! Bookmark not defined.

THE BONDS
Authority for IssuanceError! Bookmark not defined.

General ProvisionsError! Bookmark not defined.

Transfer, Registration and ExchangeError! Bookmark not defined.

RedemptionError! Bookmark not defined.

Book-Entry Only SystemsError! Bookmark not defined.

SECURITY FOR THE BONDSError! Bookmark not defined.

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Lease Payments; Covenant to
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THE CITY
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Public Health Emergency -
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Financial Policies SummaryError! Bookmark not defined.

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Outstanding General Fund Debt and
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Employee RelationsError! Bookmark not defined.

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City InvestmentsError! Bookmark not defined.

Estimated Direct and Overlapping
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CONSTITUTIONAL AND STATUTORY

LIMITATIONS ON TAXES AND
APPROPRIATIONSError! Bookmark not defined.

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ConstitutionError! Bookmark not defined.

Proposition 62Error! Bookmark not defined.

Proposition 1A; Proposition 22Error! Bookmark not defi
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EXECUTION ...... Error! Bookmark not defined.

APPENDIX A – GENERAL INFORMATION ABOUT THE CITY OF LODI AND SAN JOAQUIN COUNTY ....................................................................................................................................................A-1 APPENDIX B – AUDITED FINANCIAL STATEMENTS OF THE CITY FOR THE FISCAL YEAR ENDED JUNE 30, 2021 ................................................................................................B-1 APPENDIX C – SUMMARY OF PRINCIPAL LEGAL DOCUMENTS ....................................................... C-1 APPENDIX D – FORM OF OPINION OF BOND COUNSEL ................................................................... D-1 APPENDIX E – FORM OF CONTINUING DISCLOSURE CERTIFICATE ................................................E-1 APPENDIX F – DTC AND THE BOOK-ENTRY ONLY SYSTEM .............................................................. F-1

OFFICIAL STATEMENT
$___________*

LODI PUBLIC FINANCING AUTHORITY
2022 LEASE REVENUE BONDS
(2012 Refunding; Capital Projects Financing)

INTRODUCTION
This introduction is not a summary of this Official Statement. It is only a brief description of and guide to, and is qualified by, more complete and detailed information contained in the entire Official Statement, including the cover page and appendices, and the documents summarized or described in this Official Statement. A full review should be made of the entire Official Statement. The offering to potential investors is made only by means of the entire Official Statement.

Capitalized terms used but not defined in this Official Statement have the meanings set forth in the Indenture (as defined below). See “APPENDIX C – Summary of Principal Legal Documents.”
Authority for Issuance. The Lodi Public Financing Authority (the “Authority”) is issuing its 2022 Lease Revenue Bonds (2012 Refunding; Capital Projects Financing) (the “Bonds”) under the following legal authority:
(a) Article 4 of Chapter 5 of Division 7 of Title 1 of the Government Code of the State of California, commencing with Section 6584 (the “Bond Law”), (b) a resolution adopted by the Board of Directors (the “Board”) of the Authority on March 2, 2022 (the “Authority Resoluti on”), and a resolution adopted by the City Council (the “City Council”) of the City of Lodi (the “City”) on March 2, 2022 (the “City Resolution”), and
(c) an Indenture of Trust (the “Indenture”), dated as of March 1, 2022, by and between the Authority and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).

Form of Bonds; Book- Entry Only. The Bonds will be issued in fully registered form, registered in the name of The Depository Trust Company, New York, New York (“DTC”), or its nominee, which will act as securities depository for the Bonds. Purchasers of the Bonds will not receive certificates representing the Bonds that are purchased. See “THE BONDS - Book-Entry Only System” and “APPENDIX F – DTC AND THE BOOK-ENTRY ONLY SYSTEM.” Purpose of the Bonds. The Bonds are being issued to provide funds to (i) refund the $13,315,000 outstanding principal amount of the Authority’s 2012 Refunding Lease Revenue Bonds (the “2012 Bonds”) and the City’s related lease payment obligation; (ii) finance the acquisition and construction of capital improvements of the City, including a new animal shelter and parks and playground improvements and upgrades (the “Project”); [(iii) fund a reserve fund for the Bonds, including, if elected by the Authority, to pay the premium for a debt service

* Preliminary; subject to change.
2 reserve policy guaranteeing certain payments, (iv) if elected by the Authority, pay the premium for a municipal bond insurance policy; and] (v) pay the costs of issuing the Bonds.

Security for the Bonds and Pledge of Revenues . The Bonds will be payable solely from and secured by Revenues and certain funds and accounts held under the Indenture.

Revenues consist primarily of Lease Payments to be made by the City pursuant to a Lease Agreement, dated as of March 1, 2022, between the City and the Authority (the “Lease”). See “THE LEASED PROPERTY.” Under the Lease, the City covenants to take such action as necessary to include the Lease Payments in its annual budgets and to make all necessary appropriations for such Lease Payments (subject to abatement under certain circumstances described in the Lease). See “SECURITY FOR THE BONDS.” The scheduled Lease Payments payable by the City under the Lease are calculated to be sufficient to permit the Authority to pay the principal of, and interest on, the Bonds when due.

However, in the event of any damage or destruction such that there is substantial interference with the use and occupancy of all or any portion of the Leased Property, or a temporary taking of the Leased Property or a permanent taking of a portion of the Leased Property, Lease Payments may be abated under the Lease without constituting a default. See “SECURITY FOR THE BONDS – Abatement” and “RISK FACTORS – Abatement.” However, proceeds of insurance may be available to pay Lease Payments in the event of insured damage, destruction or condemnation with respect to the Leased Premises.

Pursuant to an Assignment Agreement, dated as of March 1, 2022 (the “Assignment Agreement”), by and between the Authority and the Trustee, the Authority has assigned to the Trustee for the benefit of the Owners of the Bonds, certain of the Authority’s rights under the Lease, including its rights to receive Lease Payments and to enforce remedies in the event of a default by the City for the purpose of securing the payment of debt service on the Bonds.

Potential Bond Insurance; Potential Reserve Fund. The Authority is considering the use of a municipal bond insurance policy that guarantees the scheduled payment of principal of and interest on all or a portion of the Bonds when due. The Authority will decide whether or not to utilize a municipal bond insurance policy depending on market conditions at the time of sale of the Bonds. The Authority is also considering the use of a reserve fund policy t hat guarantees certain payments, subject to the terms and conditions to be set forth therein. The Authority will decide whether or not to utilize a reserve fund policy depending on market conditions at the time of sale of the Bonds.

No Additional Parity Obligations . Under the Indenture, the Authority covenants that no additional bonds, notes or other indebtedness shall be issued or incurred which are payable out of the Revenues in whole or in part. The Lease does not prohibit the City from entering into other obligations payable from the General Fund of the City.

Redemption. The Bonds are subject to redemption prior to their stated maturity dates.

See “THE BONDS - Redemption.”
Abatement. The Lease provides that the obligation of the City to pay Lease Payments will be subject to abatement by reason of (i) any damage or destruction such that there is substantial interference with the use and occupancy of all or any portion of the Leased Property, (ii) prior to the issuance of a certificate of occupancy for the project, if it constitutes all or a portion of the Leased Property, there is substantial interference with the use and occupancy by the City of the Leased Property or any portion thereof, provided that there will be no such 3 abatement to the extent that any capitalized interest is available to pay Lease Payments which would otherwise be abated, or (iii) a temporary taking of the Leased Property or a permanent taking of a portion of the Leased Property. However, to the extent proceeds of rental interruption insurance are available with respect to the Bonds (as described below), Lease Payments (or a portion thereof) may be made from that source. See “SECURITY FOR THE BONDS - Abatement” and “RISK FACTORS - Abatement.”
Risks of Investment . The Bonds are r epayable primarily from Lease Payments and other amounts payable by the City under the Lease. For a discussion of some of the risks associated with the purchase of the Bonds, see “RISK FACTORS.”

NEITHER THE BONDS, THE OBLIGATION OF THE AUTHORITY TO PAY P RINCIPAL

OF OR INTEREST ON THE BONDS, NOR THE OBLIGATION OF THE CITY TO MAKE THE

LEASE PAYMENTS, CONSTITUTES A DEBT OR A LIABILITY OF THE AUTHORITY, THE

CITY, THE STATE OF CALIFORNIA OR ANY OF ITS POLITICAL SUBDIVISIONS WITHIN

THE MEANING OF ANY CONSTITUTI ONAL LIMITATION ON INDEBTEDNESS, OR A PLEDGE OF THE FULL FAITH AND CREDIT OF THE CITY. THE BONDS ARE SECURED

SOLELY BY THE PLEDGE OF REVENUES AND CERTAIN FUNDS HELD UNDER THE INDENTURE. THE BONDS ARE NOT SECURED BY A PLEDGE OF THE TAXING POWER OF THE CITY. THE AUTHORITY HAS NO TAXING POWER.

THE FINANCING PLAN
Refunding of 2012 Bonds
A portion of the proceeds of the Bonds are being issued to provide funds to refund the 2012 Bonds and the City’s related lease payment obligation . The Authority issued the 2 012 Bonds pursuant to an Indenture of Trust, dated as of September 1, 2012 (the “2012 Indenture”), by and between the Authority and U.S. Bank Trust Company, National Association, as successor to U.S. Bank National Association, as trustee (the “2012 Trustee”), for the purpose of refinancing outstanding certificates of participation that were executed and delivered to finance various municipal facilities of the City.
4 The currently outstanding 2012 Bonds consist of the following:
2012 Refunding Lease Revenue Bonds
Base CUSIP† Number: 540259
Maturity Date
(October 1)
Principal
Amount
CUSIP
Number† Redemption Date
2022 $1,065,000 AG3 __/__2022
2023 1,120,000 AH1 __/__2022
2026 3,720,000 AK4 __/__2022
2031 7,410,000 AJ7 __/__2022
Upon the issuance of the Bonds, pursuant to Irrevocable Refunding Instructions given by the Authority to the 2012 Trustee, a portion of the proceeds of the Bonds and other available moneys with respect to the 2012 Bonds shall be transferred to the 2012 Trustee for deposit in the redemption fund established and held by the 2012 Trustee under the 2012 Indenture (the “Redemption Fund”). The 2012 Trustee will use the funds available in the Redemption Fund to pay accrued interest on the 2012 Bonds to April ______, 2022 (the “Redemption Date”) and redeem the remaining outstanding 2012 Bonds on the Redemption Date, without premium.

The amounts held in the Redemption Fund are pledged solely to the payment of the 2012 Bonds. Neither the funds deposited in the Redemption Fund nor any interest thereon will be available for the payment of debt service on the Bonds.

The Project
A portion of the proceeds of the Bonds is expected to be used to finance the costs of acquisition and construction of a new animal shelter for the City, parks and playground improvements and upgrades, and other capital improvements of the City. The City began planning and design work for the new animal shelter in early 2022 and expects to commence construction in summer 2023.

† CUSIP Copyright 2022, CUSIP Global Services, and a registered trademark of American Bankers Association. CUSIP data herein is provided by CUSIP Global Services, which is managed on behalf of American Bankers Association by S&P Capital IQ.

None of the Authority, the City nor the Underwriter takes any responsibility for the accuracy of the CUSIP data. 5 Estimated Sources and Uses of Funds
The estimat ed sources and uses of funds relating to the Bonds and available money relating to the 2012 Bonds are as follows:

Sources of Funds:

Principal Amount of Bonds $
Plus: [Net] Original Issue Premium
Plus: Available Money Relating to the 2012 Bonds
TOTAL SOURCES $

Uses of Funds:

Redemption of 2012 Bonds
Deposit to Project Fund
Costs of Issuance (1)
Underwriter’s Discount
TOTAL USES $
___________________
(1) Represents funds to be used to pay Costs of Issuance, which include legal fees, pri nting costs, Municipal Advisor fees, rating agency fees , premiums for any municipal bond insurance policy or debt service reserve policy, if obtained, and other costs of issuing the Bonds.

THE LEASED PROPERTY
Lease Payments will be made by the City under the Lease for the use and occupancy of the Leased Property, which is described in greater detail below.

Description
The Property being leased under the Lease (the “Leased Property”) consists of (i) the real property and facilities comprising the Police Bui lding and (ii) the real property and facilities comprising Fire Station #2. The Police Building, located at 215 West Elm Street, houses the Police department, the Lodi City jail and 7,648 square feet of space rented by the State of California for a Superior Court branch. Completed in 2003, the 52,500 square foot building sits on property that is approximately 1.01 acres and is part of the larger complex of buildings that comprise the downtown campus, including City Hall, the old public safety building and Carnegie Forum. The Police Building has an insured value of approximately $ 22 million. Fire Station #2, located at 2 South Cherokee Lane, is an approximately 2,100 square foot building built in 2015 with a replacement value of approximately $3.05 million.

Modifications of Leased Property
Under the Lease, the City will have the right during the term of the Lease to make additions, modifications and improvements to the Leased Property or any portion thereof. Such additions, modifications and improvements may not in any way damage the Leased Property, or cause the Leased Property to be used for purposes other than those authorized under the provisions of state and federal law; and the Leased Property, upon completion of any additions, modifications and improv ements, must be of a value which is not substantially less than the value thereof immediately prior to the making of such additions, modifications and improvements.
6 Substitution
Under the Lease, the City has the option at any time and from time to time, to substitute other real property (the “Substitute Property”) for the Leased Property or any portion thereof (the “Former Property”), upon satisfaction of all of the requirements set forth in the Lease, which includes (among others) the following:
• No Event of Default under the Lease has occurred and is continuing. • The City has obtained a CLTA policy of title insurance insuring the City’s leasehold estate under the Lease in the Substitute Property, subject only to Permitted Encumbrances (as defined in the Lease), in an amount at least equal to the estimated value thereof.
• The City has certified in writing to the Authority and the Trustee that the Substitute Property serves the municipal purposes of the City and constitutes property which the City is permi tted to lease under the laws of the State of California, and has been determined to be essential to the proper, efficient and economic operation of the City and to serve an essential governmental function of the City.
• The Substitute Property does not cause the City to violate any of its covenants, representations and warranties made herein.
• The City has filed with the Authority and the Trustee a written certificate of the City or other written evidencing stating that the useful life of the Substitute Property at least extends to the final maturity date of the Bonds, that the estimated value of the Leased Property, after substitution of the Substitute Property and release of the Former Property, is at least equal to the aggregate Outstanding principal amount of the Bonds, and the fair rental value of the Leased Property, after substitution of the Substitute Property and release of the Former Property, is at least equal to the Lease Payments thereafter coming due and payable under the Lease.
• The City has mailed written notice of the substitution to each rating agency that then maintains a rating on the Bonds.

See “APPENDIX C – Summary of Principal Legal Documents.” After a substitution, the Former Property will be released from the leasehold, as appropriate. The Authority and the City will also make any amendments needed to be made to the Lease, Site Lease and Assignment Agreement, and will enter into any necessary site or ground leases in connection with such substitution. Such amendments may be made wit hout the consent of Bondowners. The City is not entitled to any reduction, diminution, extension or other modification of the Lease Payments as a result of a substitution.

Release of Leased Property
Under the Lease, the City has the option at any time and from time to time during the term of the Lease to release from the Lease any portion of the Leased Property; provided that 7 the City satisfies all of the requirements under the Lease that are conditions precedent to such removal, which include (among others) the following:
• No Event of Default under the Lease has occurred and is continuing. • The City has certified in writing to the Authority and the Trustee that the value of the property which remains subject to the Lease following such release is at least equal to the aggregate Outstanding principal amount of the Bonds, and the fair rental value of the property which remains subject to the Lease following such release is at least equal to the Lease Payments thereafter coming due and payable.

See “APPENDIX C - Summary of Principal Legal Documents.”

THE BONDS
Authority for Issuance
The Bonds are being issued under the Bond Law, the Authority Resolution (which was adopted by the Board of Directors of the Authority on March 2, 2022), the City Resolution (which was adopted by the City Council on March 2, 2022), and the Indenture.

General Provisions
Bond Terms . The Bonds will be dated their date of delivery and issued in fully registered form without coupons in integral multiples of $5,000. The Bonds will mature in the amounts and on the dates, and bear interest at the annual rates, set forth on the inside cover page of this Official Statement.

Payments of Principal and Interest . Interest on the Bonds will be payable on April 1 and October 1 in each year, be ginning October 1, 2022 (each an “Interest Payment Date”).

Principal on the Bonds will be payable on October 1 in the amounts and in the years set forth on the inside front cover of this Official Statement.

While the Bonds are subject to the book -entry system, the principal, interest and any prepayment premium with respect to the Bonds will be paid by the Trustee to DTC for subsequent disbursement to beneficial owners of the Bonds. See APPENDIX F – “DTC AND THE BOOK-ENTRY ONLY SYSTEM.”
Interest on the Bonds is payable from the Interest Payment Date next preceding the date of authentication thereof unless:
• a Bond is authenticated on or before an Interest Payment Date and after the close of business on the preceding Record Date, in which event it will bear interest from such Interest Payment Date,
• a Bond is authenticated on or before the first Record Date, in which event interest thereon will be payable from the Closing Date, or 8 • interest on any Bond is in default as of the date of authentication thereo f, in which event interest thereon will be payable from the date to which interest has been paid in full, payable on each Interest Payment Date.

Principal and premium, if any, with respect to each Bond is payable upon surrender of such Bond at the Office o f the Trustee in St. Paul, Minnesota, upon maturity or the earlier redemption thereof. The principal of, premium, if any, and interest on the Bonds will be payable in lawful money of the United States of America. Interest with respect to the Bonds will be computed on the basis of a 360 day year composed of twelve 30-day months.

Transfer, Registration and Exchange
See “APPENDIX C - Summary of Principal Legal Documents” for a description of the provisions of the Indenture relating to the transfer, registration and exchange of the Bonds.

Redemption*
Optional Redemption. The Bonds maturing on or before October 1, 20___ are not subject to optional redemption prior to their stated maturity. The Bonds maturing on or after October 1, 20___ are subject to redemption, as a whole or in part at the election of the Authority among maturities on such basis as designated by the Authority and by lot within a maturity, at the option of the Authority, on April 1, 20___ and on any date thereafter, at a redemption price equal to 100% of the principal amount of Bonds to be redeemed, together with accrued interest thereon to the date fixed for redemption, without premium.

Special Mandatory Redemption From Insurance or Condemnation Proceeds. The Bonds are subject to redemption as a whole, or in part on a pro rata basis among maturities, on any date, from any Net Proceeds of insurance or an eminent domain award with respect to the Leased Property which are not applied to repair, rebuild or replace the Leased Property as provided in the Indenture, at a redemption price equal to 100% of the principal amount to be redeemed plus interest accrued thereon to the date fixed for redemption, without premium.

Mandatory Sinking Fund Redemption . The Term Bonds are subject to mandatory redemption in part by lot, at a redemption price equal to 100% of the principal amount thereof to be redeemed, without premium, in the aggregate respective principal amounts and on October 1 in the respective years as set forth in the following tables; provided, however, that if some but not all of the Term Bonds have been redeemed pursuant to an optional redemption or special mandatory redemption from insurance or condemnation proceeds, the total amount of all future sinking fund payments shall be reduced by the aggregate principal amount of the Term Bonds so redeemed, to be allocated among such sinking fund payments on a pro rata basis in integral multiples of $5,000 (as set forth in a schedule provided by the Authority to the Trustee).

* Preliminary; subject to change.
9 Mandatory Sinking Fund Redemption of
Term Bonds Maturing October 1, 20__
Sinking Fund
Redemption Date
(October 1)

Principal Amount
To Be Redeemed

Mandatory Sinking Fund Redemption of
Term Bonds Maturing October 1, 20__
Sinking Fund
Redemption Date
(October 1)

Principal Amount
To Be Redeemed

Notice of Redemption. Notice of redemption will be mailed by the Trustee, first class, postage prepaid, not more than 60 and not less than 20 days before any redemption date, to the respective registered Owners of any Bonds designated for redemption at their addresses appearing on the registration books maintained by the Trustee and to one or more Securities Depositories and the Municipal Securities Rulemaking Board. Neither the failure to receive any notice nor any defect therein will affect the proceedings for such redemption.

Selection of Bonds for Redemption. Whenever provision is made in the Indenture for the redemption of less than all of the Bonds of a single maturity, the Trustee will select the Bonds to be r edeemed from all Bonds of that maturity to be redeemed by lot in any manner which the Trustee in its sole discretion deems appropriate. For purposes of such selection, Bonds will be deemed to be comprised of $5,000 portions and each portion will be subjec t to redemption as if such portion were a separate Bond.

Effect of Redemption. If notice of redemption has been duly given and money for the payment of the redemption price of the Bonds called for redemption has been duly provided, such Bonds so called will cease to be entitled to any benefit under the Indenture other than the right to receive payment of the redemption price, and no interest will accrue thereon from and after the redemption date specified in such notice.

Rescission of Redemption . Any notic e of optional redemption of the Bonds may provide that the redemption shall be conditional upon the receipt of sufficient funds to accomplish the redemption. The Authority has the right to rescind any notice of optional redemption of Bonds by written notice to the Trustee on or prior to the date fixed for redemption.

Any notice of redemption shall be cancelled and annulled if for any reason funds will not be or are not available on the date fixed for redemption for the payment in full of the Bonds then called for redemption, and such cancellation shall not constitute an Event of Default. The Authority and the Trustee have no liability to the Bond Owners or any other party related to or 10 arising from such rescission of redemption. The Trustee shall mail notice of such rescission of redemption in the same manner as the original notice of redemption was sent under the Indenture.

Book-Entry Only System
The Bonds will be issued as fully registered bonds in book -entry only form, registered in the name of Cede & Co. as nominee of DTC, and will be available to ultimate purchasers in integral multiples of $5,000, under the book-entry system maintained by DTC. While the Bonds are subject to the book -entry system, the principal, interest and any prepayment premium wi th respect to a Bond will be paid by the Trustee to DTC, which in turn is obligated to remit such payment to its DTC Participants for subsequent disbursement to Beneficial Owners of the Bonds. Purchasers of the Bonds will not receive certificates representing their interests therein, which will be held at DTC.

See “APPENDIX F – DTC AND THE BOOK -ENTRY ONLY SYSTEM” for further information regarding DTC and the book-entry system.
11 DEBT SERVICE SCHEDULE
The table below shows annual debt service payments on the Bonds, assuming no optional or extraordinary redemption.

Year Ending
October 1 Principal Interest Debt Service
$ $ $

Total $ $ $

SECURITY FOR THE BONDS
The principal of and interest on the Bonds are not a debt of the Authority (except to the limited extent described in this Official Statement) or the City, nor a legal or equitable pledge, charge, lien or encumbrance, upon any of their respective property, or upon any of their income, receipts, or revenues except the Revenues and other amounts pledged under the Indenture.

This section provides summaries of the security for the Bonds and certain provisions of the Indenture and the Lease. See “APPENDIX C – Summary of Principal Legal Documents” for a more complete summary of the Indenture and the Lease. Capitalized terms used but not defined in this section have the meanings given in APPENDIX C.

Pledge of Revenues
The Bonds are payable from and secured by a pl edge of Revenues and certain funds and accounts established and held by the Trustee under the Indenture. Revenues, as defined in the Indenture, mean:
(a) all amounts received by the Authority or the Trustee under or with respect to the Lease, including, without limiting the generality of the foregoing, all of the Lease Payments (including both timely and delinquent payments, any late charges, and 12 whether paid from any source), but excluding (i) any amounts described in the provisions of the Lease relating to permitted amendments that provide for additional rental to be pledged or assigned for the payment of bonds issued to finance or refinance projects for which the City is authorized to expend its funds, and (ii) any Additional Rental Payments (consisting of certain administrative costs due to the Authority and the Trustee under the Lease), and
(b) all interest, profits or other income derived from the investment of amounts in any fund or account established under the Indenture.

Pursuant to the Assignment Agreement, the Authority has assigned to the Trustee for the benefit of the Owners of the Bonds, certain of its rights under the Lease, including its right to receive Lease Payments for the purpose of securing the payment of debt service on the Bonds and the right to pursue remedies in the event the City defaults under the lease.

THE BONDS ARE SPECIAL OBLIGATIONS OF THE AUTHORITY PAYABLE SOLELY

FROM AND SECURED BY A PLEDGE OF REVENUES AND CERTAIN FUNDS AND ACCOUNTS HELD UNDER THE INDENTURE. THE AUTHORITY HAS NO TAXING POWER.

THE OBLIGATION OF THE CITY TO MAKE LEASE PAYMENTS UNDER THE LEASE DOES

NOT CONSTITUTE AN OBLIGATION OF THE CITY FOR WHICH THE CITY IS OBLIGATED

TO LEVY OR PLEDGE ANY FORM OF TAXATION OR FOR WHICH THE CITY HAS LEVIED OR PLEDGED ANY FORM OF TA XATION. NEITHER THE BONDS NOR THE OBLIGATION

OF THE CITY TO MAKE LEASE PAYMENTS UNDER THE LEASE CONSTITUTES AN INDEBTEDNESS OF THE CITY, THE COUNTY, THE STATE OF CALIFORNIA (THE “STATE”)

OR ANY OF ITS POLITICAL SUBDIVISIONS (INCLUDING ANY MEMBER OF THE

AUTHORITY) IN CONTRAVENTION OF ANY CONSTITUTIONAL OR STATUTORY DEBT LIMITATIONS.

Lease Payments; Covenant to Appropriate
The City covenants, under the Lease, to make Lease Payments as rental for the right to use and occupy the Leased Property under the Lease. Amounts of the scheduled Lease Payments are calculated to be sufficient to pay debt service on the Bonds when due. Lease Payments will be paid by the City semiannually to the Trustee on the Business Day immediately preceding each Interest Payment Date. Upon receipt, the Trustee will deposit the Lease Payments in the Bond Fund for the purposes of paying principal of and interest on the Bonds.

The City covenants under the Lease to take such action as may be necessary to include all Lease Payments and Ad ditional Rent in its annual budgets and to make the necessary annual appropriations for all such rental payments.

Under certain circumstances described in the Lease, however, Lease Payments are subject to abatement during periods of substantial interference with the City’s use and occupancy of all or a portion of the Leased Property, as described in “ – Abatement” below.

Abatement
The Lease provides that the obligation of the City to pay Lease Payments will be subject to abatement by reason of (i) any dam age or destruction such that there is substantial interference with the use and occupancy of all or any portion of the Leased Property, (ii) or prior to the issuance of a certificate of occupancy for the project, if it constitutes all or a portion of the Leased Property, there is substantial interference with the use and occupancy by the City of the 13 Leased Property or any portion thereof, provided that there will be no such abatement to the extent that any capitalized interest is available to pay Lease Paym ents which would otherwise be abated, or (iii) a temporary taking of the Leased Property or a permanent taking of a portion of the Leased Property. Such abatement will be in an amount determined by the City, such that the resulting unabated portion of the Lease Payments will represent fair consideration for the use and occupancy of the remaining usable portions of the Leased Property. Such abatement will continue for the period commencing with such damage or destruction or non- completion of the Project and ending, respectively, with the substantial completion of the work of repair or reconstruction or substantial completion of the Project.

Notwithstanding the foregoing, under the Lease, the Lease Payments will not be subject to abatement to the extent that proceeds from rental interruption insurance are available to pay the portion of the Lease Payments which would otherwise be abated.

Insurance; Condemnation
In the event of an abatement of Lease Payments, debt service on the Bonds may, to a certain extent, be covered by insurance proceeds. The City is required to procure and maintain rental interruption or use and occupancy insurance to cover loss, total or partial, of the use of any portion of the Leased Property constituting buildings or other improvements as a result of certain hazards pursuant to the Lease. Such insurance will be in an amount at least equal to the maximum amount of Lease Payments coming due and payable during any consecutive two Fiscal Years. The Net Proceeds of such insurance, if any, will be paid to the Trustee and deposited in the Bond Fund, for application as a credit towards the payment of the Lease Payments allocable to the insured improvements as the same become due and payable.

The Lease also requires the City to maintain ti tle insurance, standard commercial general liability insurance and casualty insurance with respect to the Leased Property. Any Net Proceeds under such title insurance policy will be deposited with the Trustee in the Bond Fund, to be credited towards the prepayment of the remaining Lease Payments under the Lease. The required casualty insurance will have a coverage amount at least equal to the lesser of (a) 100% of the replacement value of the insured buildings, or (b) 100% of the aggregate principal amount of the Bonds, and may be subject to such deductibles as the City deems adequate and prudent.

See Appendix C – “SUMMARY OF PRINCIPAL LEGAL DOCUMENTS” for a description of provisions of the Lease and the Indenture relating to the application of proceeds from the casualty insurance or condemnation awards.

See “RISK FACTORS – Abatement.”
Remedies
If the City defaults in performance of its obligations under the Lease, the Authority or the Trustee, as assignee of the Authority, may either terminate the Lease and re- enter and re-let all or a portion of the Leased Property or may retain the Lease and hold the City liable for all payments on an annual basis and still have the right to re- enter and re-let the Leased Property without effecting a surrender of the Lease. Additionally, the Trustee may pursue remedies at law or in equity to enforce the Lease.
14 Although the Lease and the Indenture provide that the Trustee, as assignee of the Authority, may take possession of the Leased Property if there is a default by the City, and the Lease provides that the Trustee may have such rights of access to the Leased Property as may be necessary to exercise any remedies, portions of the Leased Property may not be easily recoverable and, even if recovered, could be of little value to others. There can be no assurance that the Leased Property can be re- let for an amount equal to all outstanding Lease Payments. Due to the essential nature of the governmental functions of the Leased Property, it is not certain whether a court would permit the exercise of the remedies of repossession and re- letting with respect thereto. In addition, the remedy of repossession and re- letting may prove to be unavailable or not economically viable with respect to all or portions of the Leased Property because the Authority has only a leasehold or other possessory right to some of the Leased Property. Therefore, repossession of the Leased Property in such instances may not be an available remedy. In addition, assuming the Leased Property could be r epossessed, it may prove functionally impossible to relet.

In addition, approximately 7,600 square feet of the Police Building have been leased to the State Judicial Council, Administrative Office of the Courts (“AOC”), for use as trial court facilities, pursuant to a lease agreement originally executed in 2006. The rights of the Trustee under the Lease, including the right to relet, would be subordinate to the AOC’s rights under its lease.

THE AUTHORITY
The Authority was created in July 2010 by a joint exercise of powers agreement, which was entered into between the City and Industrial Development Authority of the City of Lodi (“IDA”), pursuant to the provisions of the Act. Under the Joint Exercise of Powers Agreement, the Authority is a public entity, separate from the City and the IDA. The debts, liabilities and obligations of the Authority are not debts, liabilities and obligations of either the City or the IDA.

The Authority is administered by a governing board consisting of the members of the Lodi City Council.

THE CITY
General
The City is a general law city in the State of California incorporated in 1906. The City is located in the San Joaquin Valley of California, 35 miles south of the State capital of Sacramento, and 90 miles east of San Francisco.

The City operates under a City Council -Manager form of government and provides the following services: public safety (police, fire and graffiti abatement), public utilities services (electric, water and sewer), transportation services (streets, flood control and transit), leisure, cultural and social services (parks and recreation, library, and community center), and general government services (management, human resources administration, financial administration, building maintenance and equipment maintenance).

As of January 1, 2021, the City had an estimated population of 68,751. 15 See “APPENDIX A – GENERAL INFORMATION ABOUT THE CITY OF LODI AND SAN JOAQUIN COUNTY.”

Governance and Management
The City is governed by a five- member City Council electe d by district. Each council member is elected for four years with staggered terms.

The current City Council members and the expiration dates of their terms are set forth below.

Council Member Title Expiration of Term
Mark Chandler Mayor November 2022
Mikey Hothi Mayor Pro Tem November 2024
Alan Nakanishi Councilmember November 2022
Doug Kuehne Councilmember November 2022
Shak Khan Councilmember November 2024
Stephen Schwabauer, City Manager , was appointed to the position by the City Council on June 5, 2014 after serving five- months as the Interim Manager. He had been City Attorney from 2004 to 2014, and Deputy City Attorney from 2000 to 2004. During his tenure as City Attorney, Schwabauer negotiated the resolution of a multimillion dollar groundwat er contamination action and associated financing scheme. Schwabauer also led labor negotiations for much of his tenure as City Attorney and developed significant experience with budget operations and employee relations. Schwabauer earned his Bachelor of Arts degree from U.C.

Davis in 1990 and his law degree from U.C. Berkeley in 1994.

Andrew Keys, Deputy City Manager/Internal Services Director , has been the City’s Deputy City Manager/Internal Services Director since March 27, 2017. As the City’s administrative second- in-command, Keys oversees the City’s Finance, Budget and Treasury, Information Systems and Human Resources functions. Keys came to the City after a 9- year career with the City of Elk Grove, California. In Elk Grove, he served in various roles within the finance department, including Analyst, Accounting Manager and Budget Manager, as well as within administration serving as Assistant to the City Manager and Deputy City Manager. Keys began his career in the municipal finance sector with KNN Public Finance where he served for a year as an Analyst after receiving his Bachelor of Arts degree in International Relations from U.C. Davis in 2006. He later received his Master’s degree in Business Administration from U.C.

Davis in 2013.

Charles Swimley, Public Works Director , began his tenure with the City in 2001 as Senior Civil Engineer, was promoted to Water Services Manager in 2006 , then Deputy Director of Utilities in 2010 where he oversaw wastewater collection and treatment, water production and distribution and street maintenance. In 2012, Swimley was promoted to City Engineer until his appointment to Public Works Director in April 2016. Swimley, a registered civil engineer since 1994, earned his Bachelor of Science degree from California State University, Sacramento.

Public Health Emergency – COVID-19
General. The spread of the novel strains of coronavirus that causes the disease known as COVID -19 (“ COVID-19”) and local, state and federal actions in response to COVID -19, is 16 having a significant im pact on the economy and on the City’s operations and finances. On February 11, 2020, the World Health Organization (“WHO”) announced the official name for the outbreak of COVID -19, an upper respiratory tract illness. COVID -19 has since spread across the g lobe. The COVID -19 pandemic has had an adverse effect on, among other things, the world economy, global supply chain, international travel and a number of travel -related industries. The temporary and permanent business closures caused by the COVID -19 pandemic have led to a stark increase in unemployment across the County and the nation.

Depending on the length and the breadth of the impacts of the COVID -19 pandemic, the economic costs may be very significant for the City and the region’s economy. On June 8, 2020, the National Bureau of Economic Research announced that the United States of America officially entered into a recession in February 2020. In addition, capital markets in the United States and globally have been volatile.

In mid-March 2020, based on guidance and directives from the State and public health agencies, including the County , California implemented and has since revised Shelter-in-Place (“Shelter-in-Place”) emergency orders or directives, which directed individuals to stay home, except for limited travel for the conduct of essential services. Most retail establishments (including restaurants, bars and nightclubs, entertainment venues and gyms) were closed in response to the Shelter-in-Place orders or directives.

In December 2020, two vaccines were approved for emergency use in the United States and vaccinations began in California. A third vaccine was approved for emergency use in February 2021.

On June 15, 2021, California fully reopened its economy ending capacity limits, physical distancing and certain mask requirements for individuals who are fully vaccinated in accordance with guidance from the Centers for Disease Control and Prevention (the “CDC”). Masks are still required on public transportation, in hospitals and jails, in schools and in other child care centers pending updated guidance from the CDC. Public health measures currently remain for events with 5,000 or more people indoors or 10,000 attendees or more outdoors, with vaccine verification recommended. Certain public health measures, including but not limited to mask, testing and/or vaccination requirements, remain in certain business settings and for certain industries.

Financial Impact on City. Overall, COVID -19 had a minimal impact on City revenues. Throughout the pandemic, Cit y revenue continued to increase. General Fund revenue for Fiscal Year 2020 -21 was approximately $71.3 million when excluding reimbursements for COVID -19-related activities provided by the Federal Emergency Management Agency (FEMA). This is a n increase of approximately $17.1 million, or 31.4 %, from Fiscal Year 2018- 19, the last full year before the COVID -19 pandemic. A large portion of such increase is from Measure L, the City’s transaction and use tax that was approved by voters in November 2018. Fiscal Year 2018-19 only includes one quarter of Measure L revenue, whereas Fiscal Year 2020-21 includes a full year. Excluding Measure L, General Fund revenues still increased approximately $10.1 million, or 19.1% from Fiscal Year 2018-19 through Fi scal Year 2020-21.

On March 27, 2020, the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted which provides, among other measures, $150 billion in financial assistance to states, tribal governments and local gov ernments to provide emergency assistance to those most significantly impacted by the COVID-19 pandemic. Under the CARES Act, local governments are eligible for reimbursement of certain costs which are expended to 17 address the impacts of the pandemic. The City received approximately $2.2 million in Fiscal Year 2019-20 (of which approximately $839,000 was allocated to the General Fund) and $2.9 million in Fiscal Year 2020- 21 (of which approximately $839,000 was allocated to the General Fund) from the State from its share of funding under the CARES Act. Funds received by the City under the CARES Act are not available for payment of debt service on the Bonds and cannot be used to backfill City revenue losses related to the COVID-19 pandemic.

On March 11, 2021, the President of the United States signed the American Rescue Plan, a $1.9 trillion economic stimulus package designed to help the United States’ economy recover from the adverse impacts of the COVID -19 pandemic. The American Rescue Plan includes $350 billion in unrestricted economic relief to states, counties, and local governments.

On May 10, 2021, the U.S. Treasury Department released interim guidance for use of the American Rescue Plan funds, and specifically authorized, among other things, the use o f funds to help offset revenue shortfalls caused by the pandemic. As of the date of this Official Statement, the City estimates it will receive a total of approximately $15.7 million in funding under the American Rescue Plan. To date, the City has received approximately $7.8 million of such funds and anticipates receiving a second installment in 2022 . The City has not yet allocated such funding for specific purposes pending the release of final guidance from the United States government.

The COVID -19 pandemic is ongoing, and its dynamic nature leads to uncertainties .

There are many variables that will continue to contribute to the economic impact of the COVID - 19 pandemic and the recovery therefrom, including the length of time social distancing measures are in place, the effectiveness of State and Federal governments’ relief programs and the timing for the containment and treatment of COVID -19. Certain of the information in this Official Statement is dated prior to the onset of the COVID -19 pandemic, which has had a significant adverse impact on the nation, State and local economy, including, but not limited to, a dramatic increase in unemployment levels. Accordingly, such information is not necessarily indicative of the current financial condition or futur e prospects of the City and the region. The ultimate impact of COVID-19 on the City’s operations and finances is not fully known, and it may be some time before the full impact of the COVID-19 pandemic is known. See “RISK FACTORS – Public Health Emergencies.”

CITY FINANCIAL INFORMATION
City Budget
Budget Procedure. The fiscal year of the City begins on the first day of July of each year and ends on the thirtieth day of June of the following year. Each annual budgetary cycle begins with departments submitt ing revenue and expenditure estimates in March for the upcoming fiscal year. Budget division staff assembles the data and meets with the departments and City Manager to refine the estimates and develop a draft budget. Public meetings are held with the City Council during the month of May and all issues related to each budget unit are discussed. A draft budget is typically released to the Council and publicly posted in mid- May.

The City Council adopts a balanced budget in June for the fiscal year that st arts the following July 1. In January or February, staff brings forward a mid- year review of the entire budget for the City and the City Council adopts any changes necessary based upon the projected financial conditions of the time. Throughout the year, adjustments to the budget are brought to the City Council as needed.
18 The City’s 2021-22 Financial Plan and Budget (the “2021- 22 Budget”) was approved by the City Council on June 2, 2021. The following table sets forth the original and final budget for Fiscal Year 2020-21, audited actual revenues and expenditures for Fiscal Year 2020-21, as well as the adopted budget for Fiscal Year 2021-22.

Budget Summary . The 2021 -22 Budget totals $245 million from all funding sources.

The 2021 -22 Budget for the Genera l Fund is approximately $61 million. The City’s General Fund tax revenues are comprised primarily of property taxes and sales taxes. The General Fund sum of expenditures and net transfers out are approximately $60 million, the net result being a balanced G eneral Fund budget for Fiscal Year 2021- 22. The 2021- 22 Budget includes various municipal improvements, contracted labor cost increases, and the addition of six positions.

The table below presents a comparison of the City’s General Fund budget for Fiscal Year 2020-21, along with the budget for Fiscal Year 2021-22. 19 Table 1
Statement of Revenues, Expenditures and Changes in Fund Balances Budget and Actual
General Fund
Budget
Fiscal Year 2020-21
Fiscal Year
2021-22
Original Final
Audited
Actual
Variance
with Final
Budget
Adopted
Budget
Revenues
Taxes $29,443,740 $29,443,740 $31,697,986 $2,254,246 $32,652,850 Sales and Use Tax 17,535,870 19,958,000 24,302,433 4,344,433 21,775,960 Licenses and Permits 91,550 91,550 69,004 (22,546) 155,800 Intergovernmental Revenues 1,166,920 11,640,910 15,116,622 3,475,712 1,326,050 Charges for Services 1,783,570 1,974,570 2,598,283 623,713 1,890,860 Fines, Forfeits and Penalties 1,300,100 300,700 217,097 (83,603) 868,100 Investment and Rental Income 1,858,390 1,858,390 4,640,812 2,782,422 1,785,050 Miscellaneous Revenue 296,280 296,280 494,747 198,467 287,260 Total Revenues 53,476,420 65,564,140 79,136,984 13,572,844 60,741,930 Expenditures
Current:

City Manager 956,510 1,021,010 983,634 37,376 1,338,780 City Clerk 770,040 770,040 556,367 213,673 704,500
City Attorney 615,140 646,620 588,955 57,665 706,690
Internal Services Admin 241,130 241,130 238,076 3,054 253,220 Human Resources 695,240 695,240 664,156 31,084 748,410
Information Systems 1,693,020 1,693,020 1,586,133 106,887 1,816,720 Financial Services 1,039,770 1,039,770 1,031,848 7,922 1,129,110 Revenue Services 1,296,610 1,296,610 1,257,070 39,540 1,426,800 Budget and Treasury 338,580 357,037 357,897 (860) 425,080 Non Departmental 1,452,430 18,367,987 16,565,014 1,802,973 2,670,400 Total General Government 9,098,470 26,128,464 23,829,150 2,299,314 11,219,710 Public Protection
Police 24,921,930 25,061,761 23,894,807 1,166,954 27,157,950 Fire 14,461,600 14,751,320 14,111,112 640,208 16,392,350 Total Public Protection 39,383,530 39,813,081 38,005,919 1,807,162 43,550,300 Public Works 2,891,680 2,941,680 2,743,906 197,774 3,175,320 Library 1,714,770 1,754,230 1,024,617 729,613 1,769,330 Total Expenditures 53,088,450 70,637,455 65,603,592 5,033,863 59,714,660 Excess (Deficiency) of Revenues Over (Under)
Expenditures

387,970

(5,073,315)

13,533,392

18,606,707 1,027,270
Other Financing Sources (Uses)
Transfers In 4,697,816 4,697,816 4,697,816 - 8,038,130
Transfers Out (1) (5,458,817) (5,458,817) (5,458,817) - (9,188,300) Gain on Sale of Property 1,000 1,000 14,666 13,666 1,000 Total Other Financing Sources (Uses) (760,001) (760,001) (746,335) 13,666 (1,149,170) Net Change in Fund Balance (372,031) (5,833,316) 12,787,057 $18,620,374 (121,900) Fund Balance, Beginning of Year 27,903,041 27,903,041 27,903,041 Fund Balance, End of Year $27,531,010 $22,069,725 $40,690,098

Basis Adjustment:

Cumulative Pension Set Aside

(15,641,640)

Fund Balance (Budgetary Basis) $25,048,458

(1) Transfers out is composed primarily of General Fund operating support to the City’s Library, Parks, Recreation and Cultural Services, and Community Development departments, among other operating transfers. The increase between Fiscal Year 2020-21 and Fiscal Year 2021-22 is due to full operations of the Library and Parks, Recreation 20 and Cultural Services departments, which were closed or partially closed during Fiscal Year 2020-21 as a result of the COVID-19 pandemic.

Source: City of Lodi.

State Budget and Its Impact on the City. Information about the Fiscal Year 2021- 22 adopted State bud get and other State budgets is regularly available at various State - maintained websites. An impartial analysis of the budget is posted by the Legislative Analyst Office at www.lao.ca.gov. In addition, various State official statements, many of which contain a summary of the current and past State budgets, may be found at the website of the State Treasurer, www.treasurer.ca.gov. The information referred to in this paragraph is prepared by the respective State agency maintaining each website and not by the City or the Underwriter, and the City and the Underwriter take no responsibility for the continued accuracy of the Internet addresses or for the accuracy or timeliness of information posted there, and such information is not incorporated in this Official S tatement by these references.

The City cannot predict what actions will be taken in future years by the State Legislature and the Governor to address a State budget deficit. Future State budgets will be affected by national and state economic conditions a nd other factors over which the City has no control. To the extent that the State budget process results in reduced revenues to the City, the City will be required to make adjustments to its budget.

Financial Policies Summary
General. The City Council ha s adopted a comprehensive set of financial management policies to provide for: (i) establishing targeted general fund reserves; (ii) the prudent investment of City funds; and (iii) establishing parameters for issuing and managing debt supported by the general fund and enterprise funds.

General Fund reserves include (i) a Catastrophic Reserve, which is intended for use in times of emergency and is set at a minimum of 8% of General Fund revenues, including operating transfers and (ii) an Economic Reserve, whi ch is intended to maintain the City’s economic viability and to meet seasonal cash flow needs and is set at a minimum of 8% of General Fund revenues, including operating transfers. The City has also adopted a Pension Stabilization Funding Policy, under whi ch the City Treasurer is required to invest all fund balances in excess of 16% of General Fund revenues in the City’s Internal Revenue Code Section 115 Trust (the “ Pension Stabilization Fund”) with Public Agency Retirement Solutions (“PARS”). The Pension Stabilization Funding Policy was suspended in Fiscal Year 2020- 21, so as to apply excess reserves as a buffer against impacts of the COVID -19 pandemic , but reinstated with the 2021- 22 Budget . For additional information on the Pension Stabilization Fund, see “– Retirement System – Pension Stabilization Fund and Pension Funding Policy.” The City’s investment policy guides the investment of public funds in a manner which will provide a sound investment return with maximum security while meeting the daily cash f low demands of the entity and conforming to all state and local statues governing the investment of public funds . See “ – City Investments.” The City’s debt management policy outlines the purposes for which debt may be issued, which includes long- term debt for the construction, acquisition, and rehabilitation of capital improvements and facilities, the types of debt the City may issue, policy goals, and internal control procedures related to the issuance and management of debt.
21 Financial Statements
All governmental funds are accounted for using the modified accrual basis of accounting.

The City’s revenues are recognized when they become measurable and available as net current assets.

Expenditures are generally recognized under the modified accrual basis of ac counting when the related fund liability is incurred. The exception to this general rule is principal and interest on general long-term debt, which is recognized when due. Some debts and obligations may be payable from self -supporting enterprises or revenue sources other than property taxation. Special assessment bonds are not included in the tabulation; lease revenue obligations payable from the General Fund or equivalent sources are included.

All proprietary funds are accounted for using the accrual basis for accounting. Revenues are recognized when they are earned, and expenses are recognized when they are incurred.

Receivables are recorded and determined at the time of consumption, and unbilled receivables are not recorded.

The City’s most recent audited financial statements are included in the Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2021, which is attached as APPENDIX B to this Official Statement. The financial statements were prepared by the City and audited by The Pun Group LLP (the “Auditor”).

The Financial Statements should be read in their entirety. The City has neither requested nor obtained permission from the Auditor to include the audited financial statements as an appendix to this Official Statement. Accordingly, the Auditor has not performed any post - audit review of the financial condition or operations of the City or General Fund. In addition, the Auditor has not reviewed this Official Statement.

Set forth on the following pages are (i) a general fund balanc e sheet for Fiscal Years 2016-17 through 2020- 21 and (ii) a statement of revenues, expenditures and changes in fund balances for the City’s general fund for the same period.

22 Table 2
General Fund Balance Sheet

Audited
2016-17
Audited
2017-18
Audited
2018-19
Audited
2019-20
Audited
2020-21
Assets:

Cash and investments $15,550,701 $10,247,211 $13,497,734 $16,459,714 $15,180,526 Accounts receivables, net 5,253,103 4,137,816 5,255,725 6,278,463 7,190,261 Property taxes receivable 41,462 67,665 80,324 87,960 92,539 Interest receivable 12,861 12,597 18,298 12,308 4,218
Due from other funds - - - 237,449 -
Due from other governmental agencies - - - - 10,651,086 Prepaid - - - - 53,739
Restricted cash and investments - 8,573,950 10,716,555 12,671,440 15,641,640 Total assets 20,858,127 23,039,239 29,568,636 35,747,334 48,814,009

Liabilities:

Accounts payable and other liabilities $4,716,588 $3,797,974 $5,717,668 $7,269,460 $7,302,047 Accrued salaries and wages 827,017 63,751 640,070 - 107,840 Advances from other funds - - - - -
Unearned revenue 78,632 409,609 66,883 - -
Total liabilities 5,622,237 4,271,334 6,424,621 7,269,460 7,409,887

Deferred inflows of resources:

Unavailable revenue 267,533 - 691,603 574,833 714,024
Total Deferred Inflows of Resources 267,533 - 691,603 574,833 714,024

Fund Balance:

Nonspendable: prepaid - - - - 53,739
Restricted: pension - - 10,716,555 12,671,440 15,641,640 Committed:

Pension 2,941,844 8,573,949 - - -
Video-related capital projects 578,528 457,170 563,374 711,621 557,686 Unassigned 11,447,985 9,736,786 11,172,483 14,519,980 24,437,033 Total fund balance 14,968,357 18,767,905 22,452,412 27,903,041 40,690,098 Total liabilities, deferred inflows of resources
and fund balance 20,858,127 23,039,239 29,568,636 35,747,334 48,814,009

Source: City of Lodi Annual Comprehensive Financial Reports for Fiscal Years indicated.

23 Table 3
Statement of General Fund Revenues, Expenditures
and Changes in Fund Balance

Audited
2016-17
Audited
2017-18
Audited
2018-19
Audited
2019-20
Audited
2020-21
Revenues:

Taxes $26,490,919 $27,422,477 $28,422,573 $30,223,587 $31,697,986 Sales and use tax (1) - - 14,286,516 20,083,861 24,302,433 Licenses and permits 86,844 67,757 65,639 74,843 69,004 Intergovernmental revenues (1)(2) 12,830,329 12,377,159 1,186,022 939,172 15,116,622 Charges for services 1,852,855 1,934,180 1,772,088 1,992,262 2,598,283 Fines forfeits, and penalties 906,563 1,396,137 1,274,624 1,053,364 217,097 Investment and rental income 1,734,773 1,747,857 2,195,924 2,906,797 4,640,812 Miscellaneous revenues 319,373 342,549 221,949 438,325 494,747 Total revenues 44,221,656 45,288,116 49,425,335 57,712,211 79,136,984

Expenditures:

Current:

General government (2) 6,926,368 6,980,564 7,136,809 10,411,249 23,829,150 Public protection 29,969,781 30,576,759 31,743,158 36,865,475 38,005,919 Public works 1,698,518 1,852,852 2,180,840 2,512,089 2,743,906 Library 1,152,721 1,058,133 1,165,499 1,181,184 1,024,617 Total expenditures 39,747,388 40,468,308 42,226,306 50,969,997 65,603,592

Excess (deficiency) of revenues over
expenditures 4,474,268 4,819,808 7,199,029 6,742,214 13,533,392

Other financing sources (uses):

Transfers in 3,952,000 5,949,190 4,233,780 4,393,660 4,697,816 Transfers out (6,705,104) (6,969,450) (7,749,000) (5,685,590) (5,458,817) Proceeds from sale of property - - 698 345 14,666
Total other financing sources (uses) (2,753,104) (1,020,260) (3,514,522) (1,291,585) (746,335)

Net change in fund balances before special
items 1,721,164 3,799,548 3,684,507 5,450,629 12,787,057

Fund balance - July 1 13,247,193 14,968,357 18,767,905 22,452,412 27,903,041 Fund balance - June 30 14,968,357 18,767,905 22,452,412 27,903,041 40,690,098

(1) Prior to Fiscal Year 2018-19, sales and use taxes were accounted for in Intergovernmental Revenues. The increase in sales and use taxes is also due to the imposition of Measure L, a 1/2 cent sales tax that began being levied on April 1, 2019.
(2) Increase in intergovernmental revenues and general government expenditures between Fiscal Year 2019-20 and Fiscal Year 2020-21 primarily due to receipt and expenditure of funds from FEMA and other governmental entities related to the COVID-19 pandemic.

Source: City of Lodi Annual Comprehensive Financial Reports for Fiscal Years indicated.

24 Major Tax Revenues
Tax revenues by source for the City’s General Fund are presented in the table below.

Table 4
General Fund Tax Revenues by Source
(Dollar amounts in thousands)

Fiscal Year
2016-17
Fiscal Year
2017-18

Fiscal Year
2018-19
Fiscal Year
2019-20
Fiscal Year
2020-21
Property Taxes $9,744 $10,043 $11,050 $11,980 $13,050
Sales and use Tax (1) 11,750 11,333 14,286 20,084 24,302 Transient Occupancy Tax 849 867 735 987 899
Franchise 1,915 2,059 2,128 2,338 2,207
Documentary Transfer 240 281 230 (25) 86
Motor Vehicle In Lieu 4,904 5,176 5,399 5,760 6,073
Public Protection 378 401 441 462 527
Business License 1,736 1,822 1,887 1,884 2,092
In Lieu Franchise 7,131 7,159 7,197 7,274 7,375
Total $38,647 $39,141 $43,353 $50,744 $56,611

(1) In the City’s audited financial reports, sales and use tax is included in the intergovernmental revenues category prior to Fiscal Year 2018-19.

Source: City of Lodi Annual Comprehensive Financial Report for the Year Ended June 30, 2021.

Sales and Use Taxes.

Sales taxes represent the largest source of tax revenue to the City at approximately 31% in Fiscal Year 2020- 21 of General Fund total revenues. The City has received approximately $24.3 million in Sales tax revenue for Fiscal Year 2020- 21 (21% growth over prior year). The revenue growth is attributable a growing retail and distribution base in the City and increasing online sales deliveries in the City that provide a significant boost to Measure L revenue. The City continues to be successful in attracting large distribution centers to its industrial parks which not only increase the City’s base tax, but add to the City’s half -cent local Sales Tax revenue (Measure L).

The City has two revenue streams for Sales Tax; Bradley Burns, the State’s Sales Tax and Measure L, the City’s local Sales Tax. The City receives a portion of the statewide Sales Tax, 1 cent per dollar tr ansaction. In addition, the residents of the City approved an additional ½ cent Sales Tax in 2018 known as Measure L, which began being levied on April 1, 2019.

This section describes the current system for levying, collecting and distributing sales and use tax revenues in the State of California.

Sales Tax Rates . The City collects a percentage of taxable sales in the City (minus certain administrative costs imposed by the State) pursuant to the Bradley -Burns Uniform Local Sales and Use Tax (the “Sales Tax Law”), as shown below.

25 Local taxes are included in the statewide sales and use tax rate of 7.25%. Additional local taxes approved by voters (also referred to as district taxes or “transaction taxes”) are applied to purchases where the goods are delivered or placed into use in the City.

Currently, taxable transactions in the City are subject to the following sales and use tax, of which the City’s share is only a portion. The State collects and administers the tax, and makes distributions on taxes collected within the City, as follows:

Table 5
Sales Tax Rates
Fiscal Year 2021-22

Component Rate
State and County Sales Tax Rate 7.25%

District (Local) Sales Tax Rates
Lodi Measure L 0.50%
San Joaquin Transportation Authority (K) (SJTA) 0.50
Total 1.00%

Total Sales Tax Rate 8.25%

Source: City of Lodi.

Sales and use taxes are complementary taxes; when one applies, the other does not. In general, the statewide sales tax applies to gross receipts of retailers from the sale o f tangible personal property in the State of California. The use tax is imposed on the purchase, for storage, use or other consumption in the State of tangible personal property from any retailer.

The use tax generally applies to purchases of personal property from a retailer outside the State of California where the use will occur within the State of California. The Sales Tax is imposed upon the same transactions and items as the statewide sales tax and the statewide use tax.

Certain transactions are exempt from the State sales tax, including sales of the following products:

• food products for home consumption;
• prescription medicine;
• newspapers and periodicals;
• edible livestock and their feed;
• seed and fertilizer used in raising food for human consumption; and • gas, electricity and water when delivered to consumers through mains, lines and pipes.

This is not an exhaustive list of exempt transactions. A comprehensive list can be found in the State Board of Equalization’s Publicat ion No. 61 entitled “Sales and Use Taxes:

Exemptions and Exclusions,” which can be found on the California Department of Tax and Fee Administration (CDTFA) website at www.cdtfa.ca.gov. The reference to this Internet website is provided for reference and convenience only. The information contained within the website may 26 not be current, has not been reviewed by the City and is not incorporated in this Official Statement by reference.

Sales Tax Collection Procedures. Collection of the sales and use tax is administered by the California Department of Tax and Fee Administration (“ CDTFA”) Retailers engaged in business in California must register with the CDTFA and pay the state's sales tax, which applies to all retail sales of goods and merchandise except those sales specifically exempted by law.

The use tax generally applies to the storage, use, or other consumption in California of goods purchased from retailers in transactions not subject to the sales tax. Use tax may also apply to purchases shipped to a C alifornia consumer from another state, including purchases made by mail order, telephone, or Internet. The sales and use tax rate in a specific California location has three parts: the state tax rate, the local tax rate, and any district tax rate that may be in effect.

These transmittals are required to be made at least twice in each calendar quarter.

Under its procedures, CDTFA projects receipts of the sales and use tax on a quarterly basis and remits an advance of the receipts of the sales and use tax to the City on a monthly basis. The amount of each monthly advance is based upon CDTFA’s quarterly projection.

During the last month of each quarter, CDTFA adjusts the amount remitted to reflect the actual receipts of the sales and use tax for the previous quarter.

According to CDTFA, it distributes quarterly tax revenues to cities, counties and special districts using the following method:

CDTFA distributes sales tax revenue to each jurisdiction monthly on an advance basis and trues up to actual r eceipts once each quarter. CDTFA distributes to each jurisdiction a percentage of the statewide prepayments received in the current month to each jurisdiction based on that jurisdiction’s pro rata share of statewide sales tax allocations in the prior year ’s like quarter. In addition, any money collected in the current month specific to each jurisdiction is distributed to that jurisdiction. One advance payment is made each month, and the quarterly reconciliation payment (clean-up) is distributed with the third payment. This clean- up payment simply makes the jurisdiction whole based on actual receipts of sales tax revenue for that jurisdiction in the quarter versus the advances made. Clean- up payments may be additive or subtractive to the advances previously made based on actual activity. Statements showing total collections, administrative costs, prior advances and the current advance are provided with each quarterly clean-up payment.

CDTFA receives an administrative fee based on the cost of services provided by CDTFA to the City in administering the City’s sales tax, which is deducted from revenue generated by the sales and use tax before it is distributed to the City.

Property Taxes.

General. This section describes property tax levy and collect ion procedures and certain information regarding historical assessed values and major property tax payers in the City.

Property taxes represent one of the largest source of tax revenue to the City at approximately 16% in Fiscal Year 2020- 21 of General Fund total revenues. The City has received approximately $13.1 million in property tax revenue for Fiscal Year 2020- 21 (9% growth over prior year). The revenue growth is attributable to the 2% statutory inflationary increase on Assessed Valuation related to Pr oposition 13, as well as a steady increase in home sales and new construction that is expected to continue for several years. See “ – Assessed Valuation” below.
27 Property taxes have historically been the primary revenue source affected by voter initiatives and legislative actions. See “CONSTITUTIONAL AND STATUTORY LIMITATIONS ON TAXES AND APPROPRIATIONS” and “RISK FACTORS – Limitations on Taxes and Fees.”

ERAF Shift Legislation. Certain property taxes have been shifted from local government agencies to schools by the State Legislature for deposit in the Education Revenue Augmentation Fund (“ERAF”), a shift that has resulted in diversion of City property taxes since Fiscal Year 1992-93.

Levy and Collection. Property taxes are levied for each Fiscal Year on taxable real and personal property as of the preceding January 1. For assessment and collection purposes, property is classified either as “secured” or “unsecured” and is listed accordingly on separate parts of the assessment roll. The “secured roll” is that part of the assessment roll containing State-assessed public utilities property and real property the taxes on which are a lien sufficient, in the opinion of the County Assessor, to secure payment of the taxes. Other property is assessed on the “unsecured roll.”

Property taxes on the secured roll are due in two installments, on November 1 and February 1 of each Fiscal Year, and become delinquent on December 10 and April 10, respectively. A penalty of 10% attaches immediately to all delinquent payments. Property on the secured roll with respect to which taxes are delinquent become tax defaulted on or about June 30 of the Fiscal Year. Such property may thereafter be redeemed by payment of a penalty of 1.5% per month to the time of redemption, plus costs and a redemption fee. If taxes are unpaid for a period of five years or more, the property may be sold at public auction.

Property taxes on the unsecured roll are due as of the January 1 lien dates and become delinquent on August 31. A 10% penalty attaches to delinquent unsecured taxes. If unsecured taxes are unpaid at 5:00 p.m. on October 31, an additional penalty of 1.5% attaches to them on the first day of each month until paid. The County has four ways of collecting delinquent unsecured personal property taxes: (1) a civil action against the taxpayer; (2) filing a judgment in the office of the County Clerk specifying certain facts in order to obtain a lien on certain property of the taxpayer; (3) filing a certificate of delinquency for record in the County Recorder’s office in order to obtain a lien on certain property of the taxpayer; and (4) seizure and sale of personal property, improvements or possessory interests belonging or assessed to the assessee.

Assessed Valuation. All property is assessed using full cash value as defined by Article XIIIA of the State Constitution. State law provides exemptions from ad valorem property taxation for certain classes of property such as churches, colleges, non- profit hospitals, and charitable institutions. See “ CONSTITUTIONAL AND STATUTORY LIMITATIONS ON TAXES AND APPROPRIATIONS.”

Future assessed valuation growth allowed under Article XIIIA of the State Constitution (new construction, certain changes of ownership, 2% inflation) will be alloc ated on the basis of “situs” among the jurisdictions that serve the tax rate area within which the growth occurs. Local agencies and schools will share the growth of “base” revenues from the tax rate area. Each year’s growth allocation becomes part of each agency’s allocation in the following year.

28 Assessed Valuation History . The following table shows a ten- year history of the City’s assessed valuation.

Table 6
Assessed Value of Taxable Property
Fiscal Years 2011-12 through 2020-21
(Dollar amounts in thousands)

Fiscal
Year Secured Roll Utility Roll
Unsecured
Roll Total
Less
Exemptions
Net
Assessed
Value
2011-12 $4,738,823 $2,382 $226,651 $4,967,856 $314,448 $4,653,408 2012-13 4,737,807 2,382 233,398 4,973,587 327,783 4,645,804 2013-14 4,895,091 3,490 230,827 5,129,408 324,439 4,804,969 2014-15 5,156,704 3,490 257,856 5,418,050 326,833 5,091,217 2015-16 5,394,659 3,490 250,160 5,648,309 331,562 5,316,747 2016-17 5,603,023 2,299 254,946 5,860,268 334,485 5,525,783 2017-18 5,903,144 2,299 266,956 6,172,399 339,542 5,832,857 2018-19 6,174,155 2,299 258,682 6,435,136 345,178 6,089,958 2019-20 6,566,183 1,901 247,608 6,815,692 338,170 6,477,522 2020-21 6,962,679 2,047 231,423 7,196,149 353,561 6,842,588

Source: City of Lodi Annual Comprehensive Financial Report for the Year Ended June 30, 2021.

Proposition 13 and Proposition 8 Property Value Adjustments . Proposition 13, adopted in 1978, established the base year value concept for property tax assessments. Under Proposition 13, the 1975- 76 Fiscal Year serves as the original base year used in determining the assessment for real property. Thereafter, annual increases to the base year value are limited to the inflation rate, as measured by the California Consumer Price Index, or 2%, whichever is les s. A new base year value, however, is generally established whenever a property, or portion thereof, has had a change in ownership or has been newly constructed.

Proposition 8, enacted in 1978, allows for a temporary reduction in assessed value when a property suffers a “decline- in-value.” As of January 1st (lien date) each year, the Assessor must enroll either a property’s Proposition 13 value (adjusted annually for inflation by no more than 2%) or its current market value, whichever is less. When the current market value replaces the higher Proposition 13 value, the lower value is commonly referred to as a “Proposition 8 Value.” “Proposition 8 values” are temporary and, once enrolled, must be reviewed annually by the assessor until the Proposition 13 adjusted base year value is enrolled.

29 Ten Largest Locally Secured Taxpayers . The following table shows ten largest locally secured taxpayers of the City for the Fiscal Year ended June 30, 2021, the most recent year for which such information is available, based on total taxable assessed valuation.

Table 7
Principal Property Tax Payers
(Dollar amounts in thousands)

Taxpayer
Taxable
Assessed
Value Rank
Percentage
of Total City
Taxable
Assessed
Value
Pacific Coast Producers $112,642 1 1.650%
Calif Physicians Service Corp 54,565 2 0.800
Reynolds Ranch Sr Development Company LP 41,631 3 0.610 Big Box Property Owner E LLC 39,130 4 0.570
CaLPurina Associates LP 34,545 5 0.510
Wal Mart Real Est Business Trust 32,665 6 0.480
Cepheid 32,217 7 0.470
Cottage Bakery Inc Et al 30,274 8 0.440
Winterfell Vintage CA Owner LP 30,134 9 0.410
Sandpiper Pennebaker Group LLC 28,272 10 0.300
TOP TEN TOTAL $436,075 6.240%

Source: City of Lodi Annual Comprehensive Financial Report for the Year Ended June 30, 2021.

Teeter Plan. The Board of Supervisors of the County has approved the implementation of the Alternative Method of Distribution of Tax Levies and Collections and of Tax Sale Proceeds (the “Teeter Plan”), as provided for in Section 4701 et seq. of the Cali fornia Revenue and Taxation Code. Under the Teeter Plan, the County apportions secured property taxes on an accrual basis when due (irrespective of actual collections) to local political subdivisions, including the City, for which the County acts as the t ax-levying or tax -collecting agency. As a result, the City currently receives 100% of such levy and is not impacted by delinquencies in payment.

The Teeter Plan is applicable to all tax levies on secured property for which the County acts as the tax -levying or tax -collecting agency, or for which the County treasury is the legal depository of the tax collections.

The Teeter Plan is to remain in effect unless the Board of Supervisors of the County orders its discontinuance or unless, prior to the commencement of any fiscal year of the County (which commences on July 1), the Board of Supervisors receives a petition for its discontinuance joined in by resolutions adopted by at least two- thirds of the participating revenue districts in the County, in which event the Board of Supervisors is to order discontinuance of the Teeter Plan effective at the commencement of the subsequent fiscal year.

If the Teeter Plan is discontinued subsequent to its implementation, only those secured property taxes actually collected would be allocated to political subdivisions (including the City) for which the County acts as the tax-levying or tax-collecting agency.

30 In Lieu Franchise. Starting in 2007 the City's Electric Utility has made an annual payment to the City's General Fund as a payment in lieu of taxes (“PILOT”). The City Council established a formula in 2007 for the preexisting PILOT by Resolution 2007- 25. The formula is based upon the net amount of the PILOT in 2006- 07 budget year as adjusted by the annual percentage increase in the number of accounts. As expressly intended and anticipated by Resolution 2007- 25, the new formula has effectively reduced the PILOT as a percentage of Electric Utility revenues since its adoption. California voters passed Proposition 26 in November of 2010, adding to the Constitution new definitions of the term “tax” and —as a result — added new limitations on the adoption of revenue measures defined by Proposition 26 to be a tax. In reliance on the 2018 decision of the California Supreme Cour t in Citizens for Fair REU Rates v.

City of Redding, 6 Cal. 5th 1 (2018) , the City does not believe that its PILOT is subject to Proposition 26. The Court found that a budgetary transfer from the City of Redding’s electric utility enterprise fund to the ci ty’s general fund itself is not a tax. Further, as the City interprets Proposition 26, it is neither retroactive as to local government; nor does it apply to formulas for increasing revenue measures which formulas were established prior to the November 3, 2010 effective date of Proposition 26. However, the provisions of Proposition 26 are subject to judicial interpretation, and there can be no assurances that, if challenged, a court would not find that the PILOT violates Proposition 26 on grounds different from those in the Redding case. In such circumstances there can be no assurances that the City would not be required to discontinue the collection of the PILOT, and refund all or a portion of the PILOT collected after the passage of Proposition 26. The PILOT is budgeted to constitute approximately 11% of General Fund revenues in Fiscal Year 2021 -22. See “CONSTITUTIONAL AND STATUTORY LIMITATIONS ON TAXES AND APPROPRIATIONS.”
Outstanding General Fund Debt and Lease Obligations
The City currently has no outstanding general fund general obligation bonds outstanding. The 2012 Bonds currently constitute the only bonds payable from the General Fund. In addition, the City has an outstanding capital lease for dispatch equipment for the police department, which requires scheduled payments in Fiscal Years 2021- 22 and 2022 -23 with a total present value (as of June 30, 2021) totaling $173,080.

In connection with the City’s electric, water and wastewater utilities, the City has entered into installment purchase agreements, leases and other contractual commitments in connection with the financing of various facilities. These obligations are payable from the respective enterprise funds of the City, and are not payable from the General Fund.

Employee Relations
City employees are represented by various associations, and labor relations have been generally amicable in that there have been no major strikes, work stoppages or other similar incidents. The following table provides a list of departments in the City and the number of employees within these departments for Fiscal Year 2021-22. 31 Table 8
Employee Organizations
Bargaining Group
Contract
Expiration Date
Fiscal Year 2021-22
Budgeted Staff
IBEW 12/31/2024 40
Fire Mid Management 6/30/2022 5
Lodi Police Dispatchers Association 6/30/2022 18
Police Officer’s Association of Lodi 6/30/2022 60
Lodi Police Mid-Management Association 6/30/2022 17
Lodi Professional Firefighters 12/31/2022 49
Lodi City Mid-Management Association 12/31/2022 44
AFSCME General Services 12/31/2022 79
AFSCME Maintenance and Operators 12/31/2022 80

Total 392
_______________
Source: City of Lodi.

Of the 392 budgeted positions, 214 reside in the General Fund. The City provides retirement and other post -employment benefits to City employees. See “ – Retirement System” herein.

Retirement System
This caption contains certain information relating to California Public Employees’ Retirement System (“ CalPERS”). The information is primarily derived from the City’s Comprehensive Annual Financial R eport and information produced by CalPERS, its independent accountants and actuaries. The City has not independently verified the information provided by CalPERS and makes no representations and expresses no opinion as to the accuracy of the information provided by CalPERS.

The comprehensive annual financial reports of CalPERS are available on its Internet website at www.calpers.ca.gov. The CalPERS website also contains CalPERS’ most recent actuarial valuation reports and other information concerning benefits and other matters. Such information is not incorporated by reference in this Official Statement. None of the Authority, City or Purchaser can guarantee the accuracy of such information. Actuarial assessments are “forward-looking” statements that reflect the judgment of the fiduciaries of the pension plans, and are based upon a variety of assumptions, one or more of which may not materialize or may be changed in the future. Actuarial assessments will change with the future experience of the pension plans.

Description of Plans. All qualified permanent and probationary employees are eligible to participate in the City’s separate Miscellaneous and Safety Plans (the “Plans”), agent multiple-employer defined benefit pension plans administered by the California Public Employees’ Retirement System (“CalPERS”), which acts as a common investment and administrative agent for its participating member employers. Benefit provisions under the Plans are established by State statute and City resolution.

Benefits Provided. CalPERS provides service retirement and disability benefits, annual cost of living adjustments and death benefits to plan members, who must be public employees 32 and beneficiaries. Benefits are based on years of credited service, equal to one year of full-time employment. Members with five years of total service are eligible to retire at age 50 with statutorily reduced benefits. All members are eligible for non- duty disability benefits after 10 years of service. The death benefit is one of the following: the Basic Death Benefit, the 1957 Survivor Benefit, or the Optional Settlement 2W Death Benefit. The cost of living adjustments for each plan are applied as specified by the Public Employees’ Retirement Law.

Miscellaneous Plan

Hire Date
Prior to January 1,
2013
On or after January 1,
2013
Benefit formula 2% @ 55 2% @ 62
Benefit vesting schedule 5 yrs of service 5 yrs of service Benefit payments Monthly for life Monthly for life
Retirement age 50-67 52-67
Monthly benefit, as % of eligible compensation 1.426%-2.418% 1%-2.5% Required employee contribution rates 7% 6.75%
Required employer contribution rates 21.80% 21.80%

Source: City of Lodi Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2021.

Safety Plan

Hire Date Prior to December 22,
2012
December 22, 2012 to
December 31, 2012
On or after January 1,
2013
Benefit formula 3% @ 50 3% @ 55 2.7% @ 57
Benefit vesting schedule 5 yrs of service 5 yrs of service 5 yrs of service Benefit payments Monthly for life Monthly for life Monthly for life Retirement age 50-55 50-55 50-57
Monthly benefit, as % of eligible
compensation
3% 2.4%-3% 2%-2.7%
Required employee contribution rates 9% 9% 11.25%
Required employer contribution rates 44.75% 44.75% 44.75%

Source: City of Lodi Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2021.

Employees Covered . As of June 30, 2021, the most recent actuarial valuation available, the following employees were covered by the benefit terms of each Plan:

Miscellaneous

Safety
Inactive employees or beneficiaries currently receiving benefits 135 115 Inactive employees entitled to but not yet receiving benefits 116 46 Active employees 269 24
Total 520 185

Source: City of Lodi Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2021.

California Public Employees’ Pension Reform Act of 2013. Employees hired prior to January 1, 2013 and have remained under continuous employment with a CalPERS agency are considered “Classic” employees. California Public Employees’ Pension Reform Act of 2013 (“PEPRA”), which was signed by the State Governor on September 12, 2012, established a new pension benefit tier for employees who were hired on and after January 1, 2013, who were not 33 previously CalPERS members or have left employment with a CalPERS agency for more than 6 months.

PEPRA adjusted the benefit formulas, required employee contribution, calculation of benefits and maximum pay, as well as other benefits. PEPRA empl oyees receive the following benefit formulas: (i) 2.0% at age 62 formula for Miscellaneous employees; and (ii) 2.7% at age 57 for Safety employees. Employees are required to pay at least 50% of the total (annual) normal cost rate, and are required to mak e the full amount of required employee contributions themselves under PEPRA. Retirement benefits for such employees are calculated on the highest average annual compensation over a consecutive 36- month period. Accordingly, retirement benefits for PEPRA mi scellaneous employees are calculated as 2% of the average final 36 months compensation and retirement benefits for PEPRA safety employees are calculated as 2.7% of the average final 36 months of compensation. Retirement benefits for Classic miscellaneous e mployees are calculated as 2% of the average final 12 months of compensation and retirement benefits for Classic safety employees are calculated as 3% of the average final 12 months compensation. Retroactive benefits increases are also prohibited, as are contribution holidays, and purchases of additional non- qualified service credit. PEPRA also capped pensionable income as noted below. Maximum amounts are set annually, subject to adjustment in accord with the Consumer Price Index.

Required Contributions. Section 20814(c) of the Retirement Law requires that the employer contribution rates for all public employers be determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. The total plan contributions are determined through the CalPERS annual actuarial valuation process.

The actuarially determined rate is the estimated amount necessary to finance the costs of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability. The City is required to contribute the difference between the actuarially determined rate and the contribution rate of the employees. The City contribution rates may change if plan contracts are amended. Beginning in Fiscal Year 2017 -18, CalPERS collects employer contributions for each plan as a percentage of payroll for the normal cost portion and as a dollar amount for contributions toward the UAL. The dollar amounts are billed on an annual basis. The actuarially determ ined normal cost rates and UAL contribution amounts for each Plan for Fiscal Years 2020-21, 2021-22 and 2022-23 are as follows:

Fiscal Year 2020-21 Fiscal Year 2021-22 Fiscal Year 2022-23

Employer
Normal
Cost Rate
Employer
Payment
of UAL
Employer
Normal
Cost Rate
Employer
Payment
of UAL
Employer
Normal
Cost Rate
Employer
Payment
of UAL
Miscellaneous Plan 9.788% $4,595,521 9.29% $5,135,202 9.33% $5,381,579 Safety 19.444% $5,581,042 18.75% $6,138,313 17.95% $6,644,544

Source: CalPERS Actuarial Reports dated July 2019, July 2020 and July 2021.

34 The City’s estimated total contribution amounts (including the required normal cost and UAL contributions) and as a percentage of estimated covered payroll for the Plans in Fiscal Years 2020-21, 2021-22, and 2022-23 are as follows:

Fiscal Year 2020-21 Fiscal Year 2021-22 Fiscal Year 2022-23

Total
Employer
Contribution
% of
Covered
Payroll
Total
Employer
Contribution
% of
Covered
Payroll
Total
Employer
Contribution
% of
Covered
Payroll
Miscellaneous Plan $6,482,251 33.629% $7,033,549 34.42% $7,318,390 35.25% Safety $7,793,943 68.483% $8,477,415 67.95% $9,119,881 66.13%

Source: CalPERS Actuarial Reports dated, July 2019, July 2020 and July 2021.

Projected Employer Contributions . The following tabl es show the City’s actuarially - determined required employer contribution for Fiscal Year 2022- 23 and projected employer contributions (before cost sharing) for Fiscal Years 2023 -24 through 2027- 28 for each Plan by normal cost (expressed as a percentage of total active payroll) and amortization of the unfunded accrued liability (expressed as a dollar amount). The projections assume a 7.00% annual rate of return for Fiscal Year 2020- 21 but do not include any reductions in the normal cost that will occur over time as new employees are hired into PEPRA or other lower cost benefit tiers.

Miscellaneous Plan

Required
Contribution
Projected Future Employer Contributions
(Assumes 7.00% Return for Fiscal Year 2020-21)
Fiscal Year 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 Normal Cost % 9.33% 9.2% 9.1% 8.9% 8.8% 8.7%
UAL Payment $5,381,579 $5,740,000 $6,114,000 $5,943,000 $6,233,000 $6,389,000 Safety Plan
Required
Contribution Projected Future Employer Contributions
(Assumes 7.00% Return for Fiscal Year 2020-21)
Fiscal Year 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 Normal Cost % 17.95% 17.8% 17.5% 17.3% 17.0% 16.7%
UAL Payment $6,644,544 $7,065,000 $7,494,000 $7,776,000 $8,049,000 $8,254,000

Source: CalPERS Actuarial Reports dated July 2021.

35 Funded Status. The following table sets forth the schedule of funding for the Plans for the actuarial valuations as of June 30 of the years 2017 through 2020.

Valuation Date
Ended June 30
Accrued
Liability
Market Value of
Assets (MVA)
Unfunded
Accrued
Liability
Funded
Ratio
Annual Covered
Payroll
Miscellaneous Plan
2017 $188,723,738 132,013,927 $56,709,811 70.0% $18,487,271 2018 201,144,399 138,770,921 62,373,478 69.0 17,769,303 2019 207,262,408 143,558,757 63,703,651 69.3 18,837,110 2020 214,092,376 146,008,797 68,083,579 68.2 19,136,393 Safety Plan
2017 $187,202,314 $111,871,224 $75,331,090 59.8% $11,568,201 2018 201,528,295 118,166,810 83,361,485 58.6 10,491,335 2019 207,837,399 123,051,225 84,786,174 59.2 11,500,121 2020 216,958,916 126,462,975 90,495,941 58.3 12,712,307

Source: CalPERS Actuarial Reports Dated July 2021.

There is a two- year lag between the valuation date and the start of the contribution Fiscal Year. The UAL was determined in the June 30, 2020 actuarial valuation, but the corresponding UAL payments commence two years after the valuation date in Fiscal Year 2022-

23. This two- year lag is necessary due to the amount of time needed to extract and test the membership and financial data, and the need to provide public agencies with their required employer contribution well in advance of the start of the Fiscal Year.

Net Pension Liability. The City’s net pension liability for the Miscellaneous Plan and the Safety Plan totaled approximately $63.3 million and $83.8 million, respectively, measured as of June 30, 2019, using an actuarial valuation as of June 30, 2018 rolled forward to June 30, 2019 using standard update procedures. For the year ended June 30, 2021, the City recognized pension expense of $5,496,434 for the Miscellaneous Plan and $6,847,548 for the Safety Plan.

Sensitivity to Changes in Discount Rate. The discount rate used to measure the total pension liability at June 30, 2019 with respect to the Plans was 7.15%. The following tables present the City’s proportionate share of the net pension liability for the Miscellaneous Plan and the Safety Plan, calculated using the discount rate for the Plans, as well as what the City’s net pension liability would be if it were calculated using a discount rate that is 100 basis points higher or 100 basis points lower than the current rate:

Miscellaneous Plan

1% Decrease (6.15%) Discount Rate (7.15%) 1% Increase (8.15%) Net Pension Liability $89,658,828 $63,329,327 $41,451,990

Source: City of Lodi Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2021.

36 Safety Plan

1% Decrease (6.15%) Discount Rate (7.15%) 1% Increase 8.15%) Net Pension Liability $112,354,313 $83,825,883 $60,406,238

Source: City of Lodi Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2021.

Pension Stabilization Fund and Pension Funding Policy. To address the issue of rising pension costs and UAL in the Plans , the City adopted a Pension Stabilization Policy ( the “PSP”) and creat ed the Pension Stabilization Fund in late 2016 and first funded the Pension Stabilization Fund in April 2017. As of December 31, 2021, the Pension Stabilization Fund had a balance of $21,245,657. The PSF is held at Public Agency Retirement Services (PARS). The PSP requires 100% of General Fund reserves in excess of the 16% General Fund reserve target to be deposited into the Pension Stabilization Fund. All other funds invest a proportional share based on the budgeted pension obligations in each fiscal year. The PSP remains in effect until the funded status of the two Plans are at a combined 80% funded status when considering the market value of a ssets at CalPERS and funds in the Pension Stabilization Fund. As of the June 30, 2020 actuarial report (the most recent available report), the funded status for the Miscellaneous Plan was 68.2%, the funded status for the Safety P lan was 58.3% , and the funded status for the combined Plans was 63.2%. As of December 31, 2021, the combined funded status when considering the Pension Stabilization Fund assets increases to 68.1 %, or an improvement of 4.9% over the funded ratio when considering assets at CalPERS alone.

Due to the uncertainty of the financial impact of the COVID -19 pandemic, the City suspended contributions t o the Pension Stabilization Fund during Fiscal Year 2020 -21.

However, due to stronger than anticipated revenues during the COVID -19 pandemic, the PSP was reinstated with the adoption of the Fiscal Year 2021-22 budget. In addition, partway through Fiscal Year 2020-21. the City Council elected to use the Fiscal Year 2019- 20 fund balance in excess of reserves that would have otherwise been deposited into the Pension Stabilization Fund to make additional discretionary payments (“ADPs”) to CalPERS , which directly reduces the City’s liability with CalPERS.

In addition to funding the Pension Stabilization Fund, the PSP requires the City to budget the UAL portion of the pension bill at the monthly payment provided by CalPERS, but to pay at the annual amount each July. The annual amount is approximately a 3.6% discount from the monthly amount due to expected earnings. The PSP further requires the City to take the additional 3.6% and use it to make ADP s to CalPERS to reduce pension liability. The City has executed this portion of the PSP every fiscal year beginning with the Fiscal Year 2018 -19 budget year.

Potential Impacts on Future Required Contributions. The CalPERS Board of Administration has adjusted and may in the future further adjust certain assumptions used in the CalPERS actuarial valuations, which adjustments may increase the City’s required contributions to CalPERS in future years. Accordingly, the City cannot provide any assurances that the City’s required contributions to CalPERS in future years wil l not significantly increase (or otherwise vary) from any past or current projected levels of contributions.

Change in Assumptions/Discount Rate. On December 21, 2016, the CalPERS Board of Administration voted to lower its discount rate from the then-current rate of 7.50% to 7.00% over a three- year period. The change was reflected in the June 30, 2016 actuarial report, which 37 lowered the discount rate from 7.50% to 7.375%; in the June 30, 2017 actuarial report, which lowered the discount rate from 7.375% to 7.25%; and in the June 30, 2018 actuarial report, which lowered the discount rate from 7.25% to 7.00%. CalPERS further reduced the discount rate to 6.8% in September 2021.

Investment Performance . CalPERS earnings reports for Fiscal Years 2010 through 2020 report investment gains of approximately 13.3%, 21.7%, 0.1%, 13.2%, 18.4%, 2.4%,

0.6%, 11.2%, 8.6%, 6.7% and 4.7%, respectively. The CalPERS Fiscal Year 2019 -20 investment gain of 4.7% is not included as an amortization base in the most recent CalPER S valuation report and is not reflected in the numbers included herein. Future earnings performance may increase or decrease future contribution rates for plan participants, including the City. CalPERS has preliminarily reported a 21.3% investment return for Fiscal Year 2020-

21. The CalPERS website contains the most recent actuarial valuation reports for the City’s Miscellaneous Plan and Safety Plan and other information that concerns benefits and other matters. The Comprehensive Annual financial report s of CalPERS are also available on CalPERS’ Internet website at www.calpers.ca.gov. The textual reference to such Internet website is provided for convenience only. None of the information on such Internet website is incorporated by reference herein. Neither the City nor the Underwriter guarantee the accuracy of such information.

See “APPENDIX B – ANNUAL COMPREHENSIVE FINANCIAL REPORT OF THE CITY FOR THE FISCAL YEAR ENDED JUNE 30, 2021 – Note 8” for additional information regarding the Plans, including a description of the actuarial methods and assumptions used to measure the City’s net pension liability as of the June 30, 2019 measurement date.

Other Post-Employment Benefits
Plan Description. The City sponsors a single- employer defined- benefit postemployment healthcare plan ( the “ Retiree Health Plan” ) to provide medical insurance benefits to eligible retired employees and their spouses. The Plan does not issue a publicly available financial report. Medical coverage is provided through CalPERS healthcar e program.

Employees who retire from the City and receive a CalPERS pension are eligible for postemployment medical benefits. The City contributes the minimum amount provided under Government Code Section 22825 of the Public Employees Medical and Hospital Care Act. In general, retirees must contribute any premium amounts in excess of the City contribution.

However, as described below, a closed group of active employees and retirees receive additional postemployment benefits.

Employees hired prior to the da tes shown in the following table are allowed to convert their accumulated sick leave into postemployment medical benefits at retirement as long as they have ten or more years of service with the City.

Group Hired Prior to:

Executive Management July 1, 1994
Mid-Management July 1, 1994
Fire Mid-Management December 6, 1995
Police Mid-Management July 1, 1994
General Services July 1, 1995
IBEW July 1, 1995
38 Maintenance and Operators July 1, 1995
Dispatchers July 1, 1994
Police October 10, 1994
Fire December 6, 1995

Funding Policy. Contribution requirements of the Retiree Health Plan are based on pay-as-you-go financing. The City’s policy is to fund the normal cost (current accrual for benefits being earned) plus an amortization of the net (unfunded accrued) OPEB liability. For fiscal year 2020-21, the City contributed $1,772,822.

Net OPEB Liability. As of the June 30, 2019 measurement date, the City’s actuarial accrued OPEB liability was approximately $26.4 million. The actuarial value of plan assets was approximately $2.0 million, resulting in an unfunded actuarial accrued OPEB liability of approximately $24.4 million.

The following presents the OPEB liability of the City if it were calculated using a discount rate that is one percentage point lower or one percentage point higher than the current rate, for measurement period ended June 30, 2019:

Discount Rate – 1%

2.56%
Current Discount Rate

3.56%
Discount Rate + 1%

4.56%
Net OPEB Liability $27,181,396 $24,358,432 $21,984,101

Source: City of Lodi Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2021.

Actuarial valuations of an ongoing plan involve estimates of the value of reported amounts and assumptions about the probability of occurrence of events far into the fut ure.

Examples include assumptions about future employment, mortality, and the healthcare cost trend. Amounts determined regarding the funded status of the plan and the annual required contributions of the employer are subject to continual revision as actual results are compared with past expectations and new estimates are made about the future.

39 OPEB Expense and Deferred Outflows/Inflows of Resources Related to OPEB. For the fiscal year ended June 30, 2021, the City recognized OPEB expense of $1,836,904. At June 30, 2021, the City reported deferred outflows of resources related to OPEB from the following sources:

Deferred Outflows of
Resources
Deferred inflows of
Resources
Contributions subsequent to
measurement date $1,885,306 -
Change of assumptions - $3,220,278
Difference between expected and
actual liability - 4,393,056
Difference between expected and
actual investment earnings 6,649
Total $1,891,955 $7,613,334

Source: City of Lodi Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2021.

The $1,885,306 reported as deferred outflows of resources related to contributions subsequent to the measurement date will be recognized as a reduction of the net OPEB liability during the fiscal year ended June 30, 2021. The other amounts reported as deferred outflows of resources and deferred inflows of resources related to OPEB will be recognized as OPEB expense as follows: $(1,498,756) in the fiscal year ended June 30, 2022, $(1,490,544) in the fiscal year ended June 30, 2023, $(1,491,725) in the fiscal year ended June 30, 2024, $(1,163,749) in the fiscal year ended June 30, 2025, $(1,111,720) in the fiscal year ended June 30, 2026, and $(850,191) thereafter.

See “APPENDIX B – COMPREHENSIVE ANNUAL FINANCIAL REPORT OF THE CITY FOR THE FISCAL YEAR ENDED JUNE 30, 2021 – Note 9” for additional information regarding the Retiree Health Plan, including a description of the actuarial methods and assumptions used to measure the City’s net OPEB liability as of the June 30, 2019 measurement date.

City Investments
All funds of the City are invested by the City in accordance with the investment guidelines of the California Government Code (Section 53601 and 53635) and the City’s Investment Policy, which is presented annually to the City Council for approval.

Pursuant to the Investment Policy, the policy of the City is to invest public funds in a manner which will provide a sound investment return with maximum security while meeting the daily cash flow demands of the entity and conforming to all state and local statues governing the investment of public funds. The City’s investment policy has three objectives: (1) protect principal, (2) provide for liquidity needs, and (3) obtain the most reasonable rate of return possible within the first two objectives.

The Investment Policy may be changed at any time at the discretion of the City Council (subject to State of California law provisions relating to authorized investments) and as the California Government Code is amended. There can be no assuranc e, therefore, that the State of California law and/or the Investment Policy will not be amended in the future to allow for investments which are not currently permitted under such State law or the Investment Policy, or that the objectives of the City with respect to investments will not change. All investments, including the Authorized Investments and those authorized by law from time to time for 40 investments by public agencies, contain a certain degree of risk. Such risks include, but are not limited to, a lower rate of return than expected and loss or delayed receipt of principal. The occurrence of these events with respect to amounts held under the Indenture and the Installment Purchase Agreement, or other amounts held by the City, could have a material adverse effect on the City’s finances.

A summary of the City’s pooled investment portfolio as of December 31, 2021 is set forth below.

Table 9
Investment Portfolio Summary
Type of Investment Market Value Percent of Total
Cash and Equivalents $65,748,019 40.18%
Bond Mutual Funds 10,464,224 6.39
Local Bank Certificates of Deposit 2,000,000 1.22
Negotiable Certificates of Deposit 6,408,191 3.92
Agency Securities 7,761,742 4.74
US Treasury Notes 8,589,545 5.25
Corporate Securities 23,379,664 14.29
Municipal Securities 34,833,381 21.29
Supranational Securities 4,447,051 2.72
Total $163,631,817 100.00%

41 Estimated Direct and Overlapping Bonded Debt
The estimated direct and overlapping bonded debt of the City as of February 1, 2022 is set forth below.
2021-22 Assessed Valuation: $7,353,233,712

OVERLAPPING TAX AND ASSESSMENT DEBT: % Applicable Debt 2/1/22 San Joaquin Delta Community College District 7.725% $ 14,560,080 Lodi Unified School District 36.895 111,496,690
TOTAL OVERLAPPING TAX AND ASSESSMENT DEBT $126,056,770

DIRECT AND OVERLAPPING GENERAL FUND DEBT:

San Joaquin County Certificates of Participation 8.095% $ 4,889,380 Lodi Unified School District Certificates of Participation 36.895 3,713,482 City of Lodi General Fund Obligations 100.000 13,315,000(1) TOTAL DIRECT AND OVERLAPPING GENERAL FUND DEBT $21,917,862

COMBINED TOTAL DEBT $147,974,632(2)

Ratios to 2021-22 Assessed Valuation:

Total Overlapping Tax and Assessment Debt ..... 1.71%
Total Direct Debt ($13,315,000) ....................... 0.18% Combined Total Debt .......................................... 2.01%

(1) Excludes the Bonds.
(2) Excludes tax and revenue anticipation notes, enterprise revenue, mortgage revenue and non- bonded capital lease obligations
Source: California Municipal Statistics, Inc.

Risk Management
The City is self -insured for dental care, long -term disability, workers’ compensation, general liability and unemployment insurance. General liability and workers’ compensation are administered by outside agencies. The City administers unemployment in surance and long-term disability. Self -insurance transactions are accounted for under the Insurance Funds. At June 30, 2021, the Insurance Fund had a net position of $7,798,135 .

CONSTITUTIONAL AND STATUTORY LIMITATIONS ON TAXES AND APPROPRIATIONS The constitutional and statutory provisions discussed in this section have the potential to affect the ability of the City to levy taxes and spend tax proceeds for operating and other purposes.

Article XIIIA of the State Constitution
On June 6, 1978, California voters approved Proposition 13, which added Article XIIIA to the State Constitution. Article XIIIA, as amended, limits the amount of any ad valorem tax on real property to one percent of the full cash value thereof, except that additional ad valorem taxes may be levied to pay debt service (i) on indebtedness approved by the voters prior to July 1, 1978, (ii) on bonded indebtedness approved by a two -thirds 42 vote on or after July 1, 1978, for the acquisition or improvement of real property or (iii) bonded indebtedness incurred by a school district, community college district or county office of education for the construction, reconstruction, rehabilitation or replacement of school facilities, including the furnishing and equipping of school facilities or the acquisition or lease of real property for school facilities, approved by 55 percent of the voters voting on the proposition. Article XIIIA defines full cash value to mean “the county assessor’s valuation of real property as shown on the 1975 -76 tax bill under “full cash value,” or thereafter, the appraised value of real property when purchased, newly constructed, or a change in ownership has occurred after the 1975 assessment.” This full cash value may be increased at a rate not to exceed two percent per y ear to account for inflation.

Article XIIIA has subsequently been amended to permit reduction of the “full cash value” base in the event of declining property values caused by damage, destruction or other factors, to provide that there would be no increas e in the “full cash value” base in the event of reconstruction of property damaged or destroyed in a disaster, and in other minor or technical ways.

Legislation Implementing Article XIIIA
Legislation has been enacted and amended a number of times since 19 78 to implement Article XIIIA. Under current law, local agencies are no longer permitted to levy directly any property tax (except to pay voter -approved indebtedness). The one percent property tax is automatically levied by the County and distributed acc ording to a formula among taxing agencies. The formula apportions the tax roughly in proportion to the relative shares of taxes levied prior to 1989.

Increases of assessed valuation resulting from reappraisals of property due to new construction, change i n ownership or from the two percent annual adjustment are allocated among the various jurisdictions in the “taxing area” based upon their respective “situs.” Any such allocation made to a local agency continues as part of its allocation in future years.

All taxable property is shown at full market value on the tax rolls. Consequently, the tax rate is expressed as $1 per $100 of taxable value. All taxable property value included in this Official Statement is shown at 100 percent of market value (unless noted differently) and all tax rates reflect the $1 per $100 of taxable value.

Article XIIB of the State Constitution
In addition to the limits Article XIIIA imposes on property taxes that may be collected by local governments, certain other revenues of the St ate and most local governments are subject to an annual “appropriations limit” imposed by Article XIIIB which effectively limits the amount of such revenues those entities are permitted to spend. Article XIIIB, approved by the voters in June 1979, was modified substantially by Proposition 111 in 1990. The appropriations limit of each government entity applies to “proceeds of taxes,” which consist of tax revenues, State subventions and certain other funds, including proceeds from regulatory licenses, user charges or other fees to the extent that such proceeds exceed “the cost reasonably borne by such entity in providing the regulation, product or service.” “Proceeds of taxes” excludes tax refunds and some benefit payments such as unemployment insurance. No limit is imposed on the appropriation of funds which are not “proceeds of taxes,” such as reasonable user charges or fees, and certain other non -tax funds. Article XIIIB also does not limit appropriation of local revenues to pay debt service on Bonds exis ting or authorized by January 1, 1979, or 43 subsequently authorized by the voters, appropriations required to comply with mandates of courts or the federal government, appropriations for qualified capital outlay projects, and appropriation by the State of revenues derived from any increase in gasoline taxes and motor vehicle weight fees above January 1, 1990, levels. The appropriations limit may also be exceeded in case of emergency; however, the appropriations limit for the next three years following such e mergency appropriation must be reduced to the extent by which it was exceeded, unless the emergency arises from civil disturbance or natural disaster declared by the Governor, and the expenditure is approved by two- thirds of the legislative body of the loc al government.

The State and each local government entity has its own appropriations limit. Each year, the limit is adjusted to allow for changes, if any, in the cost of living, the population of the jurisdiction, and any transfer to or from another government entity of financial responsibility for providing services. Proposition 111 requires that each agency’s actual appropriations be tested against its limit every two years.

If the aggregate “proceeds of taxes” for the preceding two- year period exceeds the aggregate limit, the excess must be returned to the agency’s taxpayers through tax rate or fee reductions over the following two years.

The City has never exceeded its appropriations limit.

Articles XIIIC and XIIID of the State Constitution
General. On November 5, 1996, the voters of the State approved Proposition 218, known as the “Right to Vote on Taxes Act.” Proposition 218 adds Articles XIIIC and XIIID to the California Constitution and contains a number of interrelated provisions affecting t he ability of the City to levy and collect both existing and future taxes, assessments, fees and charges.

On November 2, 2010, California voters approved Proposition 26, entitled the “Supermajority Vote to Pass New Taxes and Fees Act.” Section 1 of Proposition 26 declares that Proposition 26 is intended to limit the ability of the State Legislature and local government to circumvent existing restrictions on increasing taxes by defining the new or expanded taxes as “fees.” Proposition 26 amended Articles XIIIA and XIIIC of the State Constitution. The amendments to Article XIIIA limit the ability of the State Legislature to impose higher taxes (as defined in Proposition 26) without a two- thirds vote of the Legislature. The amendments to Article XIIIC define “taxes” that are subject to voter approval as “any levy, charge, or exaction of any kind imposed by a local government,” with certain exceptions.

Taxes. Article XIIIC requires that all new local taxes be submitted to the electorate before they become effective. Taxes for general governmental purposes of the City (“general taxes”) require a majority vote; taxes for specific purposes (“special taxes”), even if deposited in the City’s General Fund, require a two-thirds vote.

Property-Related Fees and Charges. Article XIIID also adds several provisions making it generally more difficult for local agencies to levy and maintain property -related fees, charges, and assessments for municipal services and programs.

Reduction or Repeal of Taxes, Assessments, Fees and Charges. Article XIIIC also removes limitations on the initiative power in matters of reducing or repealing local taxes, assessments, fees or charges. No assurance can be given that the voters of the City will not, in 44 the future, approve an ini tiative or initiatives which reduce or repeal local taxes, assessments, fees or charges currently comprising a substantial part of the City’s General Fund. If such repeal or reduction occurs, the City’s ability to pay debt service on the Bonds could be adversely affected.

Burden of Proof . Article XIIIC provides that local government “bears the burden of proving by a preponderance of the evidence that a levy, charge, or other exaction is not a tax, that the amount is no more than necessary to cover the reasonable costs of the governmental activity, and that the manner in which those costs are allocated to a payor bear a fair or reasonable relationship to the payor’s burdens on, or benefits received from, the governmental activity.” Similarly, Article XIIID provides that in “any legal action contesting the validity of a fee or charge, the burden shall be on the agency to demonstrate compliance” with Article XIIID.

Judicial Interpretation of Proposition 218. The interpretation and application of Articles XIIIC and XIIID will ultimately be determined by the courts, and it is not possible at this time to predict with certainty the outcome of such determination.

Impact on City’s General Fund . The City does not believe that any material source of General Fund revenue is subject to challenge under Proposition 218 or Proposition 26.

The approval requirements of Articles XIIIC and XIIID reduce the flexibility of the City to raise revenues for the General Fund, and no assurance can be given that the City will be able to impose, extend or increase the taxes, fees, charges or taxes in the future that it may need to meet increased expenditure needs.

Proposition 62
Proposition 62 was adopted by the voters at the November 4, 1986, general election and (a) requires that any new or higher taxes for general governmental purposes imposed by local governmental entities such as the City be approved by a two- thirds vote of the governmental entity’s legislative body and by a majority vote of the voters of the governmental entit y voting in an election on the tax, (b) requires that any special tax (defined as taxes levied for other than general governmental purposes) imposed by a local governmental entity be approved by a two- thirds vote of the voters of the governmental entity voting in an election on the tax, (c) restricts the use of revenues from a special tax to the purposes or for the service for which the special tax was imposed, (d) prohibits the imposition of ad valorem taxes on real property by local governmental entities except as permitted by Article XIIIA, (e) prohibits the imposition of transaction taxes and sales taxes on the sale of real property by local governmental entities, and (f) requires that any tax imposed by a local governmental entity on or after August 1, 1985, be ratified by a majority vote of the voters voting in an election on the tax within two years of the adoption of the initiative or be terminated by November 15, 1988.

California appellate court cases have overturned the provisions of Proposition 62 pertaining to the imposition of taxes for general government purposes. However, the California Supreme Court upheld Proposition 62 in its decision on August 28, 1995, in Fresno County Transportation Authority v. Guardino . This decision reaffirmed the constitutionality of Proposition 62. Certain matters regarding Proposition 62 were not addressed in the Supreme Court’s decision, such as what remedies exist for taxpayers subject to a tax not in compliance with Proposition 62, and whether the decision appl ies to charter cities. The City has not experienced any substantive adverse financial impact as a result of the passage of this initiative.

45 Proposition 1A; Proposition 22
Proposition 1A . Proposition 1A, proposed by the Legislature in connection with the State’s Fiscal Year 2004 -05 Budget, approved by the voters in November 2004 and generally effective in Fiscal Year 2006-07, provided that the State may not reduce any local sales tax rate, limit existing local government authority to levy a sales tax rate or change the allocation of local sales tax revenues, subject to certain exceptions. Proposition 1A generally prohibited the State from shifting to schools or community colleges any share of property tax revenues allocated to local governments for any Fis cal Year, as set forth under the laws in effect as of November 3, 2004. Any change in the allocation of property tax revenues among local governments within a county had to be approved by two-thirds of both houses of the Legislature.

Proposition 22. Pr oposition 22, entitled “The Local Taxpayer, Public Safety and Transportation Protection Act,” was approved by the voters of the State in November 2010.

Proposition 22 eliminates or reduces the State’s authority to (i) temporarily shift property taxes from cities, counties and special districts to schools, (ii) use vehicle license fee revenues to reimburse local governments for State- mandated costs (the State will have to use other revenues to reimburse local governments), (iii) redirect property tax increment from redevelopment agencies to any other local government, (iv) use State fuel tax revenues to pay debt service on State transportation bonds, or (v) borrow or change the distribution of State fuel tax revenues.

Possible Future Initiatives
Articles XIIIA, XIIIB, XIIIC and XIIID and Propositions 62, 111, 218 , 22, 26 and 1A were each adopted as measures that qualified for the ballot pursuant to the State’s initiative process.

From time to time other initiative measures could be adopted, further affecting revenues of the City or the City’s ability to expend revenues. The nature and impact of these measures cannot be anticipated by the City.

RISK FACTORS
The following describes certain special considerations and risk factors affecting the payment of and s ecurity for the Bonds. The following discussion is not meant to be an exhaustive list of the risks associated with the purchase of any Bonds and does not necessarily reflect the relative importance of the various risks. Potential investors in the Bonds are advised to consider the following special factors along with all other information in this Official Statement in evaluating the Bonds. There can be no assurance that other considerations will not materialize in the future.

Special Obligations of the Authority
The Bonds are special obligations of the Authority and are payable solely from, and secured by, a pledge of Revenues and certain funds and accounts held under the Indenture.

Revenues consist primarily of Lease Payments payable by the City under the Lease. If, for any reason, the Revenues collected under the Indenture are not sufficient to pay debt service on the Bonds, the Authority will not be obligated to utilize any other of its funds, other than moneys on deposit in the Bond Fund and certain other funds and accounts established under the Indenture, to pay debt service on the Bonds. The Authority has no taxing power. 46 No Pledge of Taxes
The obligation of the City to pay the Lease Payments and Additional Rental does not constitute an obligation of the City for which the City is obligated to levy or pledge any form of taxation or for which the City has levied or pledged any form of taxation. The obligation of the City to pay Lease Payments and Additional Rental does not constitute a debt or indebtedness of the Authority, the City, the State of California or any of its political subdivisions within the meaning of any constitutional or statutory debt limitation or restriction.

Limitations on Taxes and Fees
Certain taxes, assessments, fees and charges presently imposed by the City could be subject to the voter approval requirements of Article XIIIC and Article XIIID of the State Constitution. Based upon the outcome of an election by the voters, such fees, charges, assessments and taxes might no longer be permitted to be imposed, or may be reduced or eliminated and new taxes, assessments fees and charges may not be approved. The City has assessed the potential impact on its financial condition of the provisions of Article XIIIC and Article XIIID of the State Constitution respecting the imposition and increase of taxes, fees, charges and assessments and does not believe that an election by the voters to reduce or eliminate the imposition of certain existing fees, charges, assessments and taxes would substantially affect its financial condition. However, the City believes that if the initiative power was exercised so that all local taxes, assessments, fees and charges that may be subject to Article XIIIC and Article XIIID of the State Constitution are elim inated or substantially reduced, the financial condition of the City, including its General Fund, could be materially adversely affected.

Although the City does not currently anticipate that the provisions of Article XIIIC and Article XIIID of the State Constitution would adversely affect its ability to pay Lease Payments and its other obligations payable from the General Fund, no assurance can be given regarding the ultimate interpretation or effect of Article XIIIC and Article XIIID of the State Consti tution on the City’s finances. See “CONSTITUTIONAL AND STATUTORY LIMITATIONS ON TAXES AND APPROPRIATIONS.”
Additional Obligations of the City
The City is permitted to enter into other obligations which constitute additional charges against its revenues without the consent of Owners of the Bonds. To the extent that additional obligations are incurred by the City, the funds available to pay Lease Payments may be decreased.

The Lease Payments and other payments due under the Lease (including payment of costs of repair and maintenance of the Leased Property, taxes and other governmental charges levied against the Leased Property) are payable from funds lawfully available to the City. If the amounts that the City is obligated to pay in a fiscal year exceed t he City’s revenues for such year, the City may choose to make some payments rather than making other payments, including Lease Payments and Additional Rental, based on the perceived needs of the City.

The same result could occur if, because of California Constitutional limits on expenditures, the City is not permitted to appropriate and spend all of its available revenues or is required to expend available revenues to preserve the public health, safety and welfare. 47 Default
Whenever any event of default ref erred to in the Lease happens and continues, the Authority is authorized under the terms of the Lease to exercise any and all remedies available under law or granted under the Lease. See APPENDIX C – “Summary of Principal Legal Documents” for a detailed description of available remedies in the case of a default under the Lease.

In the event of a default, there is no remedy of acceleration of the total Lease Payments due over the term of the Lease. The Trustee is not empowered to sell the Leased Property and use the proceeds of such sale to prepay the Bonds or pay debt service on the Bonds.

The City will be liable only for Lease Payments on an annual basis and, in the event of a default, the Trustee would be required to seek a separate judgment each year for that year’s defaulted Lease Payments. Any such suit for money damages would be subject to limitations on legal remedies against municipalities in California, including a limitation on enforcement of judgments against funds of a fiscal year other than the fiscal year in which the Lease Payments were due and against funds needed to serve the public welfare and interest.

Abatement
Under certain circumstances related to damage, destruction, condemnation or title defects which cause a substantial interferen ce with the use and possession of the Leased Property, the City’s obligation to make Lease Payments will be subject to full or partial abatement and could result in the Trustee having inadequate funds to pay the principal and interest on the Bonds as and when due. See “SECURITY FOR THE BONDS – Abatement” and “APPENDIX C – Summary of Principal Legal Documents.”
Natural Calamities
From time to time, the City is subject to natural calamities, including, but not limited to, earthquake, flood, drought, or wildfire, that may adversely affect economic activity in the City, and which could have a negative impact on City finances. There can be no assurance that the occurrence of any natural calamity would not cause substantial interference to the Leased Property (potentially resulting in abatement of the City’s obligation to make Lease Payments), or that the City would have insurance or other resources available to make repairs to the Leased Property in order to make Lease Payments under the Lease. See “ - Abatement” above. The City does not maintain earthquake insurance on the Leased Property.

Flood. Based on flood risk evaluations prepared by the Federal Emergency Management Agency (FEMA) for the City and San Joaquin County, effective October 19, 2009, flood haz ards are a constraint to development only in two areas of the City: the area immediately adjacent to the Mokelumne River along the City’s northern boundary, and the area around the White Slough Water Pollution Control Facility, the City’s wastewater treatm ent facility, in the southwest corner of the City. These areas lie within Zone AE, meaning that they are subject to a 1% annual (100- year) flood. Flooding depths in this area are generally greater than three feet. No new development is planned within either of these areas. Most of the City lies within Zone X, which describes lands subject to the 0.2% annual (500- year) flood zone or that lie within the 100- year flood zone, but with flooding depths less than one foot. The Leased Property lies within Zone X.
48 Drought. On October 19, 2021, the Governor declared a Statewide drought state of emergency and requested that all water users voluntarily reduce water use by 15%. The declaration encouraged water agencies to draw upon supplies other than groundwater and t o implement their water shortage contingency plans and authorized the State Water Resources Control Board to adopt regulations that prohibit wasteful water use (such as the use of potable water to wash paved surfaces or to irrigate landscaping during the t wo days following rainfall).

On January 4, 2022, the State Water Resources Control Board adopted regulations that prohibit overwatering yards, washing cars without a shutoff nozzle, and watering grass within 48 hours after rainfall. There can be no assurance that subsequent declarations will not impose stricter water use restrictions should dry conditions persist in future years.

Seismic. Major earthquake fault zones in the vicinity of the City include the Greenville fault zone approximately 34 miles south of the City and the San Joaquin fault approximately 24 miles southwest of the City , among others. The City cannot predict how much damage may occur within the City to the Leased Property, specifically, and how much reduction in assessed valuation in the City may result from an earthquake. Under the Lease, the City is not required to obtain earthquake insurance on the Leased Property.

Fire Hazards. In recent years, wildfires have caused extensive damage throughout the State. Certain of these fires have burned thousands of acres and destroyed hundreds and in some cases thousands of homes. In some instances, entire neighborhoods have been destroyed. Several fires which occurred in 2017 damaged or destroyed property in areas that were not previously considered to be at risk from such events. In November 2018, the Camp Fire occurred in Butte County, California. The Camp Fire is the deadliest and most destructive wildfire in the recorded history of the State burning more than 150,000 acres and destroying more than 11,500 structures, including most of the structures in the City of Paradise, California.

Some commentators believe that climate change will lead to even more frequent and damaging wildfires in the future. However, the City and immediately surrounding area is not characterized by substantial areas of wildlands or other topography that contribute to wildland fires. No portion of the City is classified as having a “High” or “Very High” fire hazard risk.

Public Health Emergencies
In recent years, publ ic health authorities have warned of threats posed by outbreaks of disease and other public health threats. On February 11, 2020, the WHO announced the official name for the outbreak of COVID -19, an upper respiratory tract illness. COVID -19 has since spread across the globe. The spread of COVID -19 is having significant adverse health and financial impacts throughout the world, including the City. The WHO has declared the COVID-19 outbreak to be a pandemic, and states of emergency have been declared by the G overnor of the State and the President of the United States.

The COVID -19 outbreak is ongoing, and its duration and severity and its economic effects are uncertain in many respects. Uncertain too are the additional actions, if any, that may be taken by f ederal and State governmental authorities to contain or mitigate the effects of the outbreak. The ultimate impact of COVID -19 on the City’s operations and finances and the economy, real estate market and development within the City is not fully known, and it may be some time before the full adverse impact of the COVID -19 outbreak is known. Certain reports providing preliminary information regarding the impact of the COVID-19 pandemic are described in this Official Statement. Further, there could be future COVID -19 outbreaks or other public health emergencies that could have material adverse effects on the City’s operations and finances.
49 Limitations on Remedies Available to Bond Owners
The ability of the City to comply with its covenants under the Lease may be adversely affected by actions and events outside of the control of the City, and may be adversely affected by actions taken (or not taken) by voters, property owners, taxpayers or payers of assessments, fees and charges. See “CONSTITUTIONAL AND STATUTORY LIMITATIONS ON TAXES AND APPROPRIATIONS” above. Furthermore, any remedies available to the owners of the Bonds upon the occurrence of an event of default under the Lease or the Indenture are in many respects dependent upon judicial actions, which are often subject to discretion and delay and could prove both expensive and time consuming to obtain.

In addition to the limitations on Bondholder remedies contained in the Lease and the Indenture, the rights and obligations under the Bonds, the Lease and the Indenture may be subject to the following: the United States Bankruptcy Code and applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws relating to or affecting the enforcement of creditors’ rights generally, now or hereafter in e ffect; usual equity principles which may limit the specific enforcement under State law of certain remedies; the exercise by the United States of America of the powers delegated to it by the Federal Constitution; and the reasonable and necessary exercise, in certain exceptional situations, of the police power inherent in the sovereignty of the State of California and its governmental bodies in the interest of serving a significant and legitimate public purpose.

Bankruptcy proceedings, or the exercise of powers by the federal or state government, if initiated, could subject the Owners of the Bonds to judicial discretion and interpretation of their rights in bankruptcy or otherwise, and consequently may entail risks of delay, limitation or modification of their rights. The opinion of Bond Counsel notes that the rights of the owners of the Bonds and the enforceability of the Bonds and the Indenture are limited by bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting creditors' ri ghts generally, and by equitable principles, whether considered at law or in equity.

Loss of Tax-Exemption
The City has covenanted in the Lease, and the Authority has covenanted in the Indenture, that each will not take any action, or fail to take any acti on, if any such action or failure to take action would adversely affect the exclusion from gross income of interest on the Bonds under Section 103 of the Internal Revenue Code of 1986. In the event either the City or the Authority fails to comply with the foregoing tax covenant, interest on the Bonds may be includable in the gross income of the Owners thereof for federal tax purposes retroactive to the risk of issuance. See “TAX MATTERS”.

Cybersecurity
The City, like many other public and private entities, relies on computer and other digital networks and systems to conduct its operations. As a recipient and provider of personal, private or other sensitive electronic information, the City is potentially subject to multiple cyber threats, including without limitation hacking, viruses, ransomware, malware and other attacks. On April 4 and May 3, 2019, the City experienced information security incidents involving ransomware impacting multiple City systems. The City did not pay any ransom and its systems were either rebuilt or restored from backups. The City retained the services of outside professionals to provide legal, technical, and forensic services through the City’s cyber insurance coverage. 50 With the exception of the City’s $50,000 deductible, all cost s associated with these information security incidents, including legal and forensic experts and employee overtime, were covered by insurance. The City believes it has taken reasonable steps to mitigate the adverse effects of cyberattacks, including steps to harden its cybersecurity. The City also provides regular and frequent training for employees in the use of its digital networks and systems and the methods outside actors use to attempt to gain access to the City’s network.

No assurance can be given t hat the City’s efforts to manage cyber threats and attacks will be successful in all cases, or that any such attack will not materially impact the operations or finances of the City. The City is also reliant on other entities and service providers in connection with the administration of the Bonds, including without limitation the County tax collector for the levy and collection of property taxes, and the Trustee. No assurance can be given that the City, the Authority and these other entities will not be affected by cyber threats and attacks in a manner that may affect the Bond owners.

IRS Audit of Tax-Exempt Bond Issues
The Internal Revenue Service (the “IRS”) has initiated an expanded program for the auditing of tax -exempt bond issues, including both random and targeted audits. It is possible that the Bonds will be selected for audit by the IRS. It is also possible that the market value of such Bonds might be affected as a result of such an audit of such Bonds (or by an audit of similar bonds or securities).

Secondary Market for Bonds
There can be no guarantee that there will be a secondary market for the Bonds or, if a secondary market exists, that any Bonds can be sold for any particular price. Prices of bond issues for which a market is being made wil l depend upon then-prevailing circumstances. Such prices could be substantially different from the original purchase price. No assurance can be given that the market price for the Bonds will not be affected by the introduction or enactment of any future le gislation (including without limitation amendments to the Internal Revenue Code), or changes in interpretation of the Internal Revenue Code, or any action of the Internal Revenue Service, including but not limited to the publication of proposed or final regulations, the issuance of rulings, the selection of the Bonds for audit examination, or the course or result of any Internal Revenue Service audit or examination of the Bonds or obligations that present similar tax issues as the Bonds. In addition, a num ber of local governments in the State have recently instituted bankruptcy or pre -bankruptcy proceedings. No assurance can be given that the market price for the Bonds will not be affected by the outcomes of these bankruptcy proceedings or the institution of bankruptcy or pre- bankruptcy proceedings for additional local governments in the State.

TAX MATTERS
Federal Tax Status. In the opinion of Jones Hall, A Professional Law Corporation, San Francisco, California, Bond Counsel, subject, however to the qual ifications set forth below, under existing law, the interest on the Bonds is excluded from gross income for federal income tax purposes and such interest is not an item of tax preference for purposes of the federal alternative minimum tax.

51 The opinions set forth in the preceding paragraph are subject to the condition that the Authority comply with all requirements of the Internal Revenue Code of 1986, as amended (the "Tax Code") that must be satisfied subsequent to the issuance of the Bonds in order that the interest thereon be, and continue to be, excludable from gross income for federal income tax purposes. The Authority has made certain representations and covenants in order to comply with each such requirement. Inaccuracy of those representations, or failure to comply with certain of those covenants, may cause the inclusion of such interest in gross income for federal income tax purposes, which may be retroactive to the date of issuance of the Bonds.

Tax Treatment of Original Issue Discount and Premium. If the initial offering price to the public at which a Bond is sold is less than the amount payable at maturity thereof, then such difference constitutes "original issue discount" for purposes of federal income taxes and State of California personal income taxes. If the initial offering price to the public at which a Bond is sold is greater than the amount payable at maturity thereof, then such difference constitutes "bond premium" for purposes of federal income taxes and State of California personal income taxes.

Under the Tax Code, original issue discount is treated as interest excluded from federal gross income and exempt from State of California personal income taxes to the extent properly allocable to each owner thereof subject to the limitations described in the first paragraph of this section. The original issue discount accrues over the term to maturity of the Bond on the basis of a constant interest rate compounded on each interest or principal payment date (with straight- line interpolat ions between compounding dates). The amount of original issue discount accruing during each period is added to the adjusted basis of such Bonds to determine taxable gain upon disposition (including sale, redemption, or payment on maturity) of such Bond. The Tax Code contains certain provisions relating to the accrual of original issue discount in the case of purchasers of the Bonds who purchase the Bonds after the initial offering of a substantial amount of such maturity. Owners of such Bonds should cons ult their own tax advisors with respect to the tax consequences of ownership of Bonds with original issue discount, including the treatment of purchasers who do not purchase in the original offering to the public at the first price at which a substantial amount of such Bonds is sold to the public.

Under the Tax Code, bond premium is amortized on an annual basis over the term of the Bond (said term being the shorter of the Bond's maturity date or its call date). The amount of bond premium amortized each y ear reduces the adjusted basis of the owner of the Bond for purposes of determining taxable gain or loss upon disposition. The amount of bond premium on a Bond is amortized each year over the term to maturity of the Bond on the basis of a constant interest rate compounded on each interest or principal payment date (with straight -line interpolations between compounding dates). Amortized Bond premium is not deductible for federal income tax purposes. Owners of premium Bonds, including purchasers who do not purchase in the original offering, should consult their own tax advisors with respect to State of California personal income tax and federal income tax consequences of owning such Bonds.

California Tax Status. In the further opinion of Bond Counsel, int erest on the Bonds is exempt from California personal income taxes.

Other Tax Considerations. Current and future legislative proposals, if enacted into law, clarification of the Tax Code or court decisions may cause interest on the Bonds to be subject, directly or indirectly, to federal income taxation or to be subject to or exempted from state income taxation, or otherwise prevent beneficial owners from realizing the full current benefit of the tax status of such interest. The introduction or enactment of any such legislative proposals, clarification of the Tax Code or court decisions may also affect the market price for, 52 or marketability of, the Bonds. It cannot be predicted whether or in what form any such proposal might be enacted or whether, if enac ted, such legislation would apply to bonds issued prior to enactment.

The opinions expressed by Bond Counsel are based upon existing legislation and regulations as interpreted by relevant judicial and regulatory authorities as of the date of such opinion, and Bond Counsel has expressed no opinion with respect to any proposed legislation or as to the tax treatment of interest on the Bonds, or as to the consequences of owning or receiving interest on the Bonds, as of any future date. Prospective purchaser s of the Bonds should consult their own tax advisors regarding any pending or proposed federal or state tax legislation, regulations or litigation, as to which Bond Counsel expresses no opinion.

Owners of the Bonds should also be aware that the ownership or disposition of, or the accrual or receipt of interest on, the Bonds may have federal or state tax consequences other than as described above. Other than as expressly described above, Bond Counsel expresses no opinion regarding other federal or state tax consequences arising with respect to the Bonds, the ownership, sale or disposition of the Bonds, or the amount, accrual or receipt of interest on the Bonds.

CERTAIN LEGAL MATTERS
The Bonds are offered when, as and if issued and received by the Underwriter and subject to the approval as to their legality by Jones Hall, A Professional Law Corporation, San Francisco, California, Bond Counsel. Certain legal matters will be passed upon for the City and the Authority by the City Attorney. Certain legal matters will be passed upon for the City by its Disclosure Counsel, Jones Hall, A Professional Law Corporation, San Francisco, California and for the Underwriter by Kutak Rock LLP, Los Angeles, California.

Payment of the fees and expenses of Bond Counsel and Underwriter’s Counsel is contingent upon execution and delivery of the Bonds.

LITIGATION
To the knowledge of the City, there is no controversy or litigation of any nature now pending or threatened restraining or enjoining the execution and delivery of the Bonds, the Indenture, the Lease or in any way contesting or affecting the validity of the Bonds or any proceedings of the City or the Authority taken with respect to the execution and delivery thereof.

FINANCIAL STATEMENTS
The Pun Group, Certified Public Ac countants (the “Auditor”), audited the financial statements of the City for the Fiscal Year ended June 30, 2021. The Auditor’s examination was made in accordance with generally accepted auditing standards and Governmental Auditing Standards, issued by the Comptroller General of the United States. See “APPENDIX B – Audited Financial Statements of the City for Fiscal Year Ended June 30, 2021.”

53 The City has not requested nor did the City obtain permission from the Auditor to include the audited financial s tatements as an appendix to this Official Statement. Accordingly, the Auditor has not performed any post -audit review of the financial condition or operations of the City and has not participated in the preparation of, or reviewed, this Official Statement.

RATING
S&P Global Ratings, a business unit of Standard & Poor’s Financial Services LLC (“S&P”), is expected to assign the Bonds the long-term rating of “___”.

The rating reflects only the views of S&P, and any explanation of the significance of such rating may be obtained only from S&P. There is no assurance that the rating will remain in effect for any given period of time or that it will not be revised downward or withdrawn entirely by S&P, if, in their judgment, circumstances so warrant. The City undertakes no responsibility to oppose any such revision or withdrawal. Any downward revision or withdrawal of the rating may have an adverse effect on the market price of the Bonds.

CONTINUING DISCLOSURE
The City will covenant for the benefit of owners of t he Bonds to provide certain financial information and operating data relating to the City by not later than 7 months after the end of each fiscal year of the City (currently June 30th), commencing with the report for the 2021- 22 Fiscal Year (the “ Annual Report ”), and to provide notices of the occurrence of certain enumerated events. Such reports are required to be filed with the Municipal Securities Rulemaking Board through its Electronic Municipal Market Access system (“ EMMA”). The specific nature of the information to be contained in the Annual Report or the notices of enumerated events is described in “APPENDIX E – Form of Continuing Disclosure Certificate,” attached to this Official Statement. These covenants have been made in order to assist the underwriter of the Bonds in complying with Securities Exchange Commission Rule 15c2- 12(b)(5).

The City has entered into a number of continuing disclosure undertakings in connection with City obligations, including obligations payable from the City’s General Fund, as well as obligations payable from the revenues relating to the water system and the City’s electric and wastewater utilities. During the past five years, the City has prepared continuing disclosure reports pursuant to these undertakings.

Within the past five years, the City and certain of its related entities have failed to comply in certain respects with continuing disclosure obligations related to outstanding indebtedness, by (i) filing audited financial statements and operating data on EMMA for Fiscal Years 2017-18 and 2018-19 up to 2 4 days late and (ii) failing to associate certain filings on EMMA with all relevant CUSIPs of outstanding indebtedness.

The City has adopted a disclosure policy intended to assure future compliance with the City’s continuing disclosure requirements.
54 MUNICIPAL ADVISOR
Fieldman, Rolapp & Associates, Inc. (the “Municipal Advisor”) has assisted the City with various matters relating to the planning, structuring and delivery of the Bonds. The Municipal Advisor is a fi nancial advisory firm and is not engaged in the business of underwriting or distributing municipal securities or other public securities. The Municipal Advisor assumes no responsibility for the accuracy, completeness or fairness of this Official Statement. The Municipal Advisor will receive compensation from the City contingent upon the sale and delivery of the Bonds.

UNDERWRITING
The Bonds are being purchased by Piper Sandler & Co. (the “ Underwriter”), at a purchase price of $________ (which represents the aggregate principal amount of the Bonds ($________), plus an original issue premium/less an original issue discount of $_________, less an Underwriter's discount of $________).

The purchase agreement relating to the Bonds provides that the Underwriter w ill purchase all of the Bonds, if any are purchased, the obligation to make such purchase being subject to certain terms and conditions set forth in such purchase agreement.

The Underwriter may offer and sell the Bonds to certain dealers and others at pri ces lower than the offering prices stated on the inside cover page hereof. The offering prices may be changed from time to time by the Underwriter.

Piper Sandler & Co. has entered into a distribution agreement with Charles Schwab & Co., Inc. (“CS&Co.”) for the retail distribution of certain securities offerings at the original issue prices. Pursuant to the agreement, CS&Co. will purchase the Bonds from Piper Sandler & Co. at the original issue price less a negotiated portion of the selling concession appl icable to any Bonds that CS&Co. sells.

PROFESSIONAL SERVICES
In connection with the issuance of the Bonds, all or a portion of the fees payable to the Bond Counsel, Underwriter’s Counsel, the Financial Advisor and the Trustee are contingent upon the issuance and delivery of the Bonds.

55 EXECUTION
The execution and delivery of this Official Statement have been authorized by the Board of Directors of the Authority and the City Council of the City.

LODI PUBLIC FINANCING AUTHORITY

By :

Executive Director

CITY OF LODI

By :

City Manager

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APPENDIX A

GENERAL INFORMATION ABOUT THE CITY OF LODI

AND SAN JOAQUIN COUNTY
The following information concerning the City of Lodi (the “ City”) and San Joaquin County (the “ County”) are included only for t he purpose of supplying general information regarding the community. The 2022 Bonds are not a debt of the City, the County, the State of California (the “ State”) or any of its political subdivisions, and neither the City, the County, the State nor any of its political subdivisions is liable therefor.

General

The City. The City is located in the County of San Joaquin (the “County”) between Stockton and Sacramento, and adjacent to U.S. Highway 99, approximately 90 miles east of San Francisco. The City was incorporated as a General Law City on December 6, 1906.

The County. The County is one of California’s original counties and was created at the time of statehood in 1850. The County covers an area of approximately 1,436 square miles, consisting of 1,399 square miles of land and 27 square miles of water. The County is adjacent to Stanislaus County to the south and southeast, Alameda and Contra Costa Counties to the west, Sacramento County to the north, Amador County to the northeast, Calaveras County to the east and a corner of Santa Clara County to the southwest.

Population

Population figures for the City, the County and the State for the last five years are shown in the following table.

CITY OF LODI, SAN JOAQUIN COUNTY AND THE STATE OF CALIFORNIA Population Estimates
Calendar Years 2017 through 2021, as of January 1

Calendar
Year
City of
Lodi
San Joaquin
County
State of
California
2017 65,606 744,843 39,352,398
2018 66,389 752,958 39,519,535
2019 67,430 752,958 39,605,361
2020 68,011 773,505 39,648,938
2021 68,751 773,505 39,466,855

Source: State Department of Finance estimates.

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Employment and Industry

The City is included in the Stockton Metropolitan Statistical Area (“MSA”), which includes all of San Joaquin County. The unemployment rate in the County was 6.6% in November 2021, down from a revised 7.3 % in October 2021 , and below the year -ago estimate of 8.7 %. This compares with an unadjusted unemployment rate of 5.4 % for the State and 3. 9% for the nation during the same period.

Set forth below is data from calendar years 2016 to 2020 reflecting the County’s civilian labor force, employment and unemployment. These figures are county -wide statistics and may not necessarily accurately reflect employment trends in the City.

STOCKTON-LODI MSA
(San Joaquin County)
Annual Average Labor Force and Employment by Industry
Calendar Years 2016 through 2020
(March 2020 Benchmark)

2016 2017 2018 2019 2020
Civilian Labor Force (1) 318,300 323,200 324,200 326,500 331,800 Employment 292,400 300,400 304,300 306,900 294,500
Unemployment 25,900 22,800 19,900 19,600 37,400
Unemployment Rate 8.2% 7.0% 6.1% 6.0% 11.3%
Wage and Salary Employment: (2)
Agriculture 16,700 16,400 15,600 15,400 14,300
Mining and Logging 100 100 100 100 100
Construction 11,100 11,700 12,800 13,100 12,900
Manufacturing 19,800 20,300 20,600 20,600 20,500
Wholesale Trade 10,700 11,100 11,700 11,600 10,500
Retail Trade 26,500 26,800 26,700 26,200 24,600
Transportation, Warehousing and Utilities 23,000 26,200 28,400 31,300 38,300 Information 2,000 1,800 1,800 1,600 1,200
Financial Activities 7,500 7,800 7,800 7,900 7,800
Professional and Business Services 19,600 19,200 19,600 20,200 21,100 Educational and Health Services 36,400 38,200 38,800 39,100 37,100 Leisure and Hospitality 20,400 21,500 22,000 22,600 18,400 Other Services 7,500 7,600 7,600 7,800 6,700
Federal Government 3,000 3,100 3,100 3,200 3,300
State Government 6,400 6,600 6,700 6,800 6,800
Local Government 31,400 32,800 33,700 34,900 33,100
Total All Industries (3) 242,000 251,100 256,900 262,400 256,600

(1) Labor force data is by place of residence; includes self-employed individuals, unpaid family workers, household domestic workers, and workers on strike.
(2) Industry employment is by place of work; excludes self-employed individuals, unpaid family workers, household domestic workers, and workers on strike.
(3) Totals may not add due to rounding.

Source: State of California Employment Development Department.

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Largest Employers

The following table lists the major employers within the County, listed in alphabetical order without regard to the number of employees, as of January 2022.

SAN JOAQUIN COUNTY
Major Employers
As of January 2022

Employer Name Location Industry
A Sambado & Sons Inc Linden Nuts-Edible
Amazon Fulfillment Ctr Stockton Mail Order Fulfillment Service Ashley Lane LP Stockton Real Estate
Blue Shield of California Lodi Insurance
Dameron Hospital Stockton Hospitals
Deuel Vocational Instn Fire Tracy Fire Departments
Foster Care Svc Stockton Government Offices-County
Leprino Foods Co Tracy Cheese Processors (mfrs)
Lodi Health Home Health Agency Lodi Home Health Service Lodi Memorial Hospital Lodi Hospitals
NA Chaderjian Youth Stockton State Govt-Correctional Institutions Pacific Coast Producers Lodi Canning (mfrs)
Prima Frutta Packing Inc Linden Fruit & Produce Packers Safeway Distribution Ctr Tracy Distribution Centers (whls) San Joaquin County CA Pubc Stockton Government Offices-County San Joaquin County Human Svc Stockton Government Offices-County San Joaquin County Sch Stockton School Districts
San Joaquin General Hospital French Camp Hospitals
San Joaquin Sheriff's Office French Camp Government Offices-County Sjgov Stockton Government Offices-County
St Joseph's Cancer Ctr Stockton Cancer Treatment Centers St Joseph's Regional Health Stockton Hospitals
Stockton Police Dept Stockton Police Departments
Stockton Unified School Dist Stockton School Districts
Walmart Supercenter Stockton Department Stores

Source: State of California Employment Development Department, extracted from The America’s Labor Market Information System (ALMIS) Employer Database, 2022 1st Edition.

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The following table lists the ten principal employers within the City, by number of employees, as of June 30, 2021.

CITY OF LODI
Principal Employers
As of June 30, 2021

Employer Name Number of Employees
Lodi Unified School District 1,389
Pacific Coast Producers 1,298
Adventist Health Lodi Memorial 1,204
Blue Shield of CA 1,042
Cepheid 750
Walmart Supercenter 439
City of Lodi 415
Rich Products formerly known as Cottage Bakery 276
Costco Wholesale 265
Frank C Alegre Trucking Inc. 210

Source: City of Lodi Annual Comprehensive Financial Report for fiscal year ended June 30, 2021; City of Lodi.

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Commercial Activity

Summaries of historic taxable sales within the City and the County during the past five years in which data is available are shown in the following tables.

Total taxable sales during the first th ree quarters of calendar year 2021 in the City were $1,039,174,212, a 22.30% increase over the total taxable sales of $849,721,205 reported during the first three quarters of calendar year 2020.

CITY OF LODI
Taxable Retail Sales
Number of Permits and Valuation of Taxable Transactions (Dollars in Thousands)

Retail Stores Total All Outlets

Number
of Permits
Taxable
Transactions
Number
of Permits
Taxable
Transactions

2016 1,327 $779,583 1,987 $947,638
2017 1,300 856,206 1,972 1,029,268
2018 1,328 945,797 2,064 1,134,229
2019 1,344 972,278 2,107 1,162,963
2020 1,468 958,572 2,321 1,160,904

Source: State Department of Tax and Fee Administration.

Total taxable sales during the first three quarters of calendar year 2021 in the County were $16,201,722,121 , a 44.88% increase over the total taxable sales of $11,182,961,549 reported during the first three quarters of calendar year 2020.

SAN JOAQUIN COUNTY
Taxable Retail Sales
Number of Permits and Valuation of Taxable Transactions (Dollars in Thousands)

Retail Stores Total All Outlets

Number
of Permits
Taxable
Transactions
Number
of Permits
Taxable
Transactions

2016 9,480 $7,380,226 14,682 $10,922,271
2017 9,506 7,994,473 14,758 12,153,268
2018 9,660 8,855,169 15,457 13,457,721
2019 9,978 9,058,063 16,144 14,311,068
2020 11,188 10,122,979 18,358 15,609,880

Source: State Department of Tax and Fee Administration.

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Effective Buying Income

“Effective Buying Income” is defined as personal income less pers onal tax and nontax payments, a number often referred to as “disposable” or “after -tax” income. Personal income is the aggregate of wages and salaries, other labor -related income (such as employer contributions to private pension funds), proprietor’s income, rental income (which includes imputed rental income of owner -occupants of non -farm dwellings), dividends paid by corporations, interest income from all sources, and transfer payments (such as pensions and welfare assistance). Deducted from this total are personal taxes (federal, state and local), nontax payments (fines, fees, penalties, etc.) and personal contributions to social insurance.

According to U.S. government definitions, the resultant figure is commonly known as “disposable personal income.”

The following table summarizes the median household effective buying income for the City, the County, the State and the United States for the period 2018 through 2022.

CITY OF LODI AND SAN JOAQUIN COUNTY
Median Household Effective Buying Income
2018 through 2022

2018 2019 2020 2021 2022

City of Lodi $46,144 $50,111 $52,418 $53,760 $64,155
San Joaquin County 49,883 55,534 58,141 59,914 68,971
California 59,646 62,637 65,870 67,956 77,058
United States 50,735 52,841 55,303 56,790 64,448

Source: The Nielsen Company (US), Inc for 2018; Claritas, LLC for 2019 through 2022.

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Building Activity

The tables below summarize building activity in the City and the County for the past five available years.

CITY OF LODI
Building Permit Activity
For Calendar Years 2016 through 2020
(Dollars in Thousands)

2016 2017 2018 2019 2020
Permit Valuation
New Single-family $47,331.6 $54,475.9 $55,587.1 $28,041.8 $12,473.4 New Multi-family 13,501.8 16,178.1 0.0 19,280.1 0.0
Res. Alterations/Additions 4,619.9 4,791.8 7,349.5 4,817.3 2,327.9 Total Residential $65,453.3 $75,445.8 $62,936.6 $52,139.2 $14,801.3

New Commercial $6,019.3 $21,785.2 $10,987.0 44,067.4 6,193.9 New Industrial 0.0 0.0 0.0 0.0 0.0
New Other 2,568.9 3,478.6 5,402.4 13,929.2 1,563.3
Com. Alterations/Additions 16,162.1 17,768.4 10,005.7 4,880.1 4,076.4 Total Nonresidential $25,750.3 $43,032.2 $26,395.1 $62,876.7 $11,833.6

New Dwelling Units
Single Family 189 168 243 111 44
Multiple Family 82 134 0 158 0
TOTAL 271 302 243 269 44

Source: Construction Industry Research Board, Building Permit Summary.

SAN JOAQUIN COUNTY
Building Permit Activity
For Calendar Years 2016 through 2020
(Dollars in Thousands)

2016 2017 2018 2019 2020
Permit Valuation
New Single-family $467,494.7 $652,308.1 $883,071.1 $843,700.9 $870,859.6 New Multi-family 66,794.5 62,635.8 99,601.4 57,271.1 38,411.8 Res. Alterations/Additions 99,049.9 86,516.1 95,073.4 98,681.9 40,144.4 Total Residential $633,339.1 $801,460.0 $1,077,745.9 $999,653.9 $949,415.8

New Commercial $218,485.4 $357,856.9 $498,359.0 380,383.3 255,761.2 New Industrial 61,687.0 179,728.4 240,073.7 120,003.8 534,199.5 New Other 46,379.4 27,794.7 31,904.4 61,991.7 33,112.3
Com. Alterations/Additions 298,721.9 269,172.8 249,142.4 363,840.9 135,285.4 Total Nonresidential $625,273.7 $834,552.8 $1,019,479.5 926,219.7 958,358.4

New Dwelling Units
Single Family 1,754 2,078 2,765 2,564 2,843
Multiple Family 550 516 293 461 245
TOTAL 2,304 2,594 3,358 3,025 3,088

Source: Construction Industry Research Board, Building Permit Summary.

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APPENDIX B

AUDITED FINANCIAL STATEMENTS OF THE CITY
FOR THE FISCAL YEAR ENDED JUNE 30, 2021

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APPENDIX C

SUMMARY OF PRINCIPAL LEGAL DOCUMENTS

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APPENDIX D

FORM OF OPINION OF BOND COUNSEL
_________, 2022

Lodi Public Financing Authority
221 West Pine Street
Lodi, CA 95240

OPINION: $___________ Lodi Public Financing Authority 2022 Lease Revenue Bonds (2012 Refunding; Capital Projects Financing)

Members of the Board of Directors of the Authority:

We have acted as bond counsel to the Lodi Public Financing Authority (the “Authority”) in connection with the issuance by the Authority of the captioned bonds dated the date hereof (the "Bonds"). In such capacity, we have examined such law and such certified proceedings, opinions, certifications and other documents as we have deemed necessary to render this opinion.

The Bonds are issued pursuant to Article 4 of Chapter 5, Division 7, Title 1 o f the Government Code of the State of California (the "Bond Law"), the Indenture of Trust, dated as of March 1, 2022 (the “Indenture”), by and between the Authority and U.S. Bank Trust Company, National Association, as trustee (the "Trustee "), and a resol ution (the "Resolution") of the Board of Directors of the Authority adopted March 2, 2022. Under the Indenture, the Authority has pledged certain revenues (the “Revenues”) for the payment of principal, premium (if any), and interest on the Bonds when due, including lease payments made by the City of Lodi (the “City”) under a Lease Agreement dated as of March 1, 2022 (the “Lease Agreement”) between the Authority and the City.

Regarding questions of fact material to our opinion, we have relied on representations of the Authority contained in the Indenture and the City contained in the Lease Agreement, and in the certified proceedings and other certifications of public officials furnished to us, without undertaking to verify the same by independent investigation.

Based on the foregoing, we are of the opinion that, under existing law:

1. The Authority is a duly created and validly existing joint exercise of powers authority with the power to adopt the Resolution, enter into the Indenture and perform the agreements on its part contained therein, and issue the Bonds.

2. The City is a duly created and validly existing general law city with the power to enter into the Lease Agreement and perform the agreements on its part contained therein.

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3. The Indenture has been duly authorized, executed and delivered by the Authority, and constitutes a valid and binding obligation of the Authority, enforceable against the Authority.

4. The Lease Agreement has been duly authorized, executed and delivered by the Authority and the City, and constitutes a valid and binding obligation of the Authority and the City, enforceable against the Authority and the City.

5. The Indenture creates a valid lien on the Revenues and other funds pledged by the Indenture for the security of the Bonds, on a parity with other bonds (if any) issued or to be issued under the Indenture.

6. The Bonds have been duly authorized and executed by the Authority, and are valid and binding limited obligations of the Authority, payable solely from the Revenues and other funds provided therefor in the Indenture.

7. Interest on the Bonds is excludable from gross income for federal income tax purposes and is not an item of tax preference for purposes of the federal alternative minimum tax imposed on individuals and corporations. The opinions set forth in the preceding sentence are subject to the condition that the Authority and the City comply with all requirements of the Internal Revenue Code of 1986 that must be satisfied subsequent to the delivery of the Bonds in order that such interest be, or continue to be, excluded from gross income for federal income tax purposes. The Authority and the City have covenanted to comply with each such requirement. Failure to comply with certain of such requirements may cause the inclusion of interest on the Bonds in gross income for federal income tax purposes to be retroactive to the date of issuance of the Bonds. We express no opinion regarding other federal tax consequences arising with respect to the Bonds.

8. Interest on the Bonds is exempt from personal income taxation imposed by the State of California.

The rights of the owners of the Bonds and the enforceability of the Bonds and the Indenture are limited by bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting creditors' rights generally, and by equitable principles, whether considered at law or in equity.

This opinion is given as of the date hereof, and we assume no obligation to revise or supplement this opinion to reflect any fact s or circumstances that may hereafter come to our attention, or any changes in law that may hereafter occur. Moreover, our opinions are not a guarantee of a particular result, and are not binding on the Internal Revenue Service or the courts; rather, our opinions represent our legal judgment based upon our review of existing law that we deem relevant to such opinions and in reliance upon the representations, covenants and opinions referenced above. Our engagement with respect to this matter has terminated as of the date hereof.

Respectfully submitted,

A Professional Law Corporation

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APPENDIX E

FORM OF CONTINUING DISCLOSURE CERTIFICATE
$_______________

LODI PUBLIC FINANCING AUTHORITY
2022 LEASE REVENUE BONDS
(2012 Refunding; Capital Projects Financing)

This Continuing Disclosure Certificate (this “Disclosure Certificate”) is executed and delivered by the City of Lodi, a municipal corporation (the “City”), in connection with the issuance of the $__________ Lodi Public Financing Authority (the “Authority ”) 2022 Lease Revenue Bonds (2012 Refunding; Capital Projects Financing ) (the “2022 Bonds”). The 2022 Bonds are being issued pursuant to an Indenture of Trust dated as of March 1, 2022 (the “Indenture”), by and between the Authority and U.S. Bank Trust Company, National Association, as trustee for the 2022 Bonds (the “Trustee”). In connection therewith, the City covenants and agrees as follows:

Section 1. Purpose of the Disclosure Certificate . This Disclosure Certificate is being executed and delivered by the City for the benefit of the holders and beneficial owners of the 2022 Bonds and in order to assist the Participating Underwriter in complying with S.E.C.

Rule 15c2-12(b)(5).

Section 2. Definitions. In addition to the definitions set forth above and in the Indenture, which apply to any capitalized term used in this Disclosure Certificate unless otherwise defined in this Section, the following capitalized terms shall have the following meanings:

“Annual Report ” means any Annual Report provided by the City pursuant to, and as described in, Sections 3 and 4 of this Disclosure Certificate.

“Annual Report Date” means the date that is seven months after the end of the City's fiscal year (currently January 31 based on the City’s fiscal year end of June 30).

“Dissemination Agent” shall mean the City, or any Dissemination Agent designated in writing by the City and which has filed with the City a written acceptance of such designation.

“EMMA System” shall mean the MSRB’s Electronic Municipal Market Acces s system, or such other electronic system designated by the MSRB.

“Listed Events ” means any of the events listed in Section 5(a) of this Disclosure Certificate.

“MSRB” means the Municipal Securities Rulemaking Board, which has been designated by the Securities and Exchange Commission as the sole repository of disclosure information for purposes of the Rule.

“Official Statement” means the final official statement dated ___________, 2022, executed by the City and Authority in connection with the issuance of the 2022 Bonds.

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“Participating Underwriter” means Piper Sandler & Co., the original underwriter of the 2022 Bonds required to comply with the Rule in connection with offering of the 2022 Bonds.

“Rule” means Rule 15c2-12(b)(5) adopted by the Securiti es and Exchange Commission under the Securities Exchange Act of 1934, as it may be amended from time to time.

Section 3. Provision of Annual Reports.

(a) The City shall, or shall cause the Dissemination Agent to, not later than the Annual Report Date, commencing January 31, 2023, with the report for the 2021- 22 fiscal year, provide to the MSRB, in an electronic format as prescribed by the MSRB, an Annual Report that is consistent with the requirements of Section 4 of this Disclosure Certificate. Not later than 15 Business Days prior to the Annual Report Date, the City shall provide the Annual Report to the Dissemination Agent (if other than the City). If by the Annual Report Date the Dissemination Agent (if other than the City ) has not received a copy o f the Annual Report, the Dissemination Agent shall contact the City to determine if the City is in compliance with the previous sentence.

The Annual Report may be submitted as a single document or as separate documents comprising a package, and may include by reference other information as provided in Section 4 of this Disclosure Certificate; provided that the audited financial statements of the City may be submitted separately from the balance of the Annual Report, and later than the Annual Report Date, if not available by that date. If the City's fiscal year changes, it shall give notice of such change in the same manner as for a Listed Event under Section 5(b).

(b) If the City does not provide, or cause the Dissemination Agent to provide, an Annual Report by the Annual Report Date as required in subsection (a) above, the Dissemination Agent shall provide a notice to the MSRB, in a timely manner, in an electronic format as prescribed by the MSRB.

(i) determine each year prior to the Annual Report Date the then- applicable rules and electronic format prescribed by the MSRB for the filing of annual continuing disclosure reports; and

(ii) if the Dissemination Agent is other than the City, file a report with the City and the Participating Underwriter certifying that the Annual Report has been provided pursuant to this Disclosure Certificate, and stating the date it was provided.

Section 4. Content of Annual Reports. The City’s Annual Report shall contain or incorporate by reference the following documents and information:

(a) The City's audited financial statements for the most recently completed fiscal year, prepared in accordance with Generally Accepted Accounting Principles as pr omulgated to apply to governmental entities from time to time by the Governmental Accounting Standards Board. If the City’s audited financial statements are not available by the Annual Report Date, the Annual Report shall contain unaudited financial statem ents in a format similar to the financial statements contained in the Official Statement, and the audited financial statements shall be filed in the same manner as the Annual Report when they become available.

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(b) Unless otherwise provided in the audited financial statements filed on or before the Annual Report Date, financial information and operating data with respect to the City for the preceding fiscal year, substantially similar to that provided in the corresponding tables in the Official Statement:

(i) Principal amount of 2022 Bonds outstanding as of the June 30 preceding the filing of the Annual Report.

(ii) Balance in each fund under the Indenture as of the June 30 preceding the filing of the Annual Report.

(iii) Updates as of the June 30 preceding the filing of the Annual Report of the substance of the information contained in the following tables in the Official Statement:

(1) Table 1 - Statement of Revenues, Expenditures, and Changes in Fund Balances;

(2) Table 4 - General Fund Tax Revenues by Source;

(3) Table 6 - Assessed Value of Taxable Property; and

(4) Table 7 - Principal Property Tax Payers.

(c) In addition to any of the information expressly required to be provided under paragraph (b) above, the City shall provide such further mater ial information, if any, as may be necessary to make the specifically required statements, in the light of the circumstances under which they are made, not misleading.

(d) Any or all of the items listed above may be included by specific reference to other documents, including official statements of debt issues of the City or related public entities, which are available to the public on the MSRB’s Internet web site or filed with the Securities and Exchange Commission. The City shall clearly identify each such other document so included by reference.

Section 5. Reporting of Listed Events.

(a) The City shall give, or cause to be given, notice of the occurrence of any of the following Listed Events with respect to the 2022 Bonds:

(1) Principal and interest payment delinquencies.

(2) Non-payment related defaults, if material.

(3) Unscheduled draws on debt service reserves reflecting financial difficulties.

(4) Unscheduled draws on credit enhancements reflecting financial difficulties.

(5) Substitution of credit or liquidity providers, or their failure to perform.

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(6) Adverse tax opinions, the issuance by the Internal Revenue Service of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the 2022 Bonds, or other material events affecting the tax status of the 2022 Bonds.

(7) Modifications to rights of security holders, if material.

(8) Bond calls, if material, and tender offers.

(9) Defeasances.

(10) Release, substitution, or sale of property securing repayment of the securities, if material.

(11) Rating changes.

(12) Bankruptcy, insolvency, receivership or similar event of the City.

(13) The consummation of a merger, consolidation, or acquisition involving the City, or the sale of all or substantially all of the assets of the City (other than in the ordinary course of business), the entry into a definitive agreement to undertake such an action, or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material.

(14) Appointment of a successor or additional Trustee or the change of name of the Trustee, if material.

(15) Incurrence of a financial obligation of the obligated person, if material, or agreement to covenants, events of default, remedies, priority rights, or other similar terms of a financial obligation of the obligated person, any of which affect security holders, if material.

(16) Default, event of acceleration, termination event, modification of terms, or other similar events under the terms of a financial obligation of the obligated person, any of which reflect financial difficulties.

(b) Upon the occurrence of a Listed Event, the City shall, or shall cause t he Dissemination Agent (if not the City) to, file a notice of such occurrence with the MSRB, in an electronic format as prescribed by the MSRB, in a timely manner not in excess of 10 Business Days after the occurrence of the Listed Event. Notwithstanding the foregoing, notice of Listed Events described in subsection (a)(8) above need not be given under this subsection any earlier than the notice (if any) of the underlying event is given to holders of affected Bonds under the Indenture.

(c) The City acknowledges that the events described in subparagraphs (a)(2), (a)(7), (a)(8) (if the event is a bond call), (a)(10), (a)(13), (a)(14), and (a)(15) of this Section 5 contain the qualifier “if material” and that subparagraph (a)(6) also contains the qualifier “ material” with respect to certain notices, determinations or other events affecting the tax status of the 2022 E-5

Bonds. The City shall cause a notice to be filed as set forth in paragraph (b) above with respect to any such event only to the extent that it determines the event’s occurrence is material for purposes of U.S. federal securities law. Upon occurrence of any of these Listed Events, the City will as soon as possible determine if such event would be material under applicable federal securities law. If such event is determined to be material, the City will cause a notice to be filed as set forth in paragraph (b) above.

(d) For purposes of this Disclosure Certificate, any event described in paragraph (a)(12) above is considered to occur when any of t he following occur: the appointment of a receiver, trustee, or similar officer for the City in a proceeding under the United States Bankruptcy Code or in any other proceeding under state or federal law in which a court or governmental authority has assumed jurisdiction over substantially all of the assets or business of the City, or if such jurisdiction has been assumed by leaving the existing governing body and officials or officers in possession but subject to the supervision and orders of a court or governmental authority, or the entry of an order confirming a plan of reorganization, arrangement, or liquidation by a court or governmental authority having supervision or jurisdiction over substantially all of the assets or business of the City.

(e) For purposes of Section 5(a)(15) and (16), “financial obligation” means a (i) debt obligation; (ii) derivative instrument entered into in connection with, or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) guarantee of (i) or (ii). The term financial obligation shall not include municipal securities as to which a final official statement has been provided to the Municipal Securities Rulemaking Board consistent with the Rule.

Section 6. Identifying Information for Filings with the MSRB . All documents provided to the MSRB under the Disclosure Certificate shall be accompanied by identifying information as prescribed by the MSRB.

Section 7. Termination of Reporting Obligation. The City’s obligations under this Disclosure Certificate shall terminate upon the legal defeasance, prior redemption or payment in full of all of the 2022 Bonds. If such termination occurs prior to the final maturity of the 2022 Bonds, the City shall give notice of such termination in the s ame manner as for a Listed Event under Section 5(b).

Section 8. Dissemination Agent. The City may, from time to time, appoint or engage a Dissemination Agent to assist it in carrying out its obligations under this Disclosure Certificate, and may dischar ge any such Agent, with or without appointing a successor Dissemination Agent. The initial Dissemination Agent shall be the City. Any Dissemination Agent may resign by providing 30 days’ written notice to the City.

Section 9. Amendment; Waiver . Notwith standing any other provision of this Disclosure Certificate, the City may amend this Disclosure Certificate, and any provision of this Disclosure Certificate may be waived, provided that the following conditions are satisfied:

(a) if the amendment or waiver relates to the provisions of Sections 3(a), 4 or 5(a), it may only be made in connection with a change in circumstances that arises from a change in legal requirements, change in law, or change in the identity, nature, or status of an obligated person with respect to the 2022 Bonds, or type of business conducted;

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(b) the undertakings herein, as proposed to be amended or waived, would, in the opinion of nationally recognized bond counsel, have complied with the requirements of the Rule at the time of the primary offering of the 2022 Bonds, after taking into account any amendments or interpretations of the Rule, as well as any change in circumstances; and

(c) the proposed amendment or waiver either (i) is approved by holders of the 2022 Bonds in the manner provided in the Indenture for amendments to the Indenture with the consent of holders, or (ii) does not, in the opinion of the Trustee or nationally recognized bond counsel, materially impair the interests of the holders or beneficial owners of the 2022 Bonds.

If the annual financial information or operating data to be provided in the Annual Report is amended pursuant to the provisions hereof, the first annual financial information filed pursuant hereto containing the amended operating data or financial information shall explain, in narrative form, the reasons for the amendment and the impact of the change in the type of operating data or financial information being provided.

If an amendment is made to the undertaking specifying the accounting principl es to be followed in preparing financial statements, the annual financial information for the year in which the change is made shall present a comparison between the financial statements or information prepared on the basis of the new accounting principles and those prepared on the basis of the former accounting principles. The comparison shall include a qualitative discussion of the differences in the accounting principles and the impact of the change in the accounting principles on the presentation of the financial information, in order to provide information to investors to enable them to evaluate the ability of the City to meet its obligations. To the extent reasonably feasible, the comparison shall be quantitative. A notice of the change in the accounting principles shall be filed in the same manner as for a Listed Event under Section 5(c).

Section 10. Additional Information. Nothing in this Disclosure Certificate shall be deemed to prevent the City from disseminating any other information, using t he means of dissemination set forth in this Disclosure Certificate or any other means of communication, or including any other information in any Annual Report or notice of occurrence of a Listed Event, in addition to that which is required by this Disclos ure Certificate. If the City chooses to include any information in any Annual Report or notice of occurrence of a Listed Event in addition to that which is specifically required by this Disclosure Certificate, the City shall have no obligation under this Disclosure Certificate to update such information or include it in any future Annual Report or notice of occurrence of a Listed Event.

Section 11. Default. In the event of a failure of the City to comply with any provision of this Disclosure Certificate , the Participating Underwriter or any holder or beneficial owner of the 2022 Bonds may take such actions as may be necessary and appropriate, including seeking mandate or specific performance by court order, to cause the City to comply with its obligations under this Disclosure Certificate. A default under this Disclosure Certificate shall not be deemed an Event of Default under the Indenture, and the sole remedy under this Disclosure Certificate in the event of any failure of the City to comply with this Disclosure Certificate shall be an action to compel performance.

Section 12. Duties, Immunities and Liabilities of Dissemination Agent . The Dissemination Agent shall have only such duties as are specifically set forth in this Disclosure Certificate, and the City agrees to indemnify and save the Dissemination Agent, its officers, directors, employees and agents, harmless against any loss, expense and liabilities which it may incur arising out of or in the exercise or performance of its powers and duties hereunder, E-7

including the costs and expenses (including attorneys’ fees) of defending against any claim of liability, but excluding liabilities due to the Dissemination Agent's negligence or willful misconduct. The Dissemination Agent shall have no duty or obligation to review any information provided to it hereunder and shall not be deemed to be acting in any fiduciary capacity for the City, the Trustee, the 2022 Bond owners or any other party. The obligations of the City under this Section shall survive resignation or removal of the Dissemination Agent and payment of the 2022 Bonds.

Section 13. Beneficiaries. This Disclosure Certificate shall inure solely to the benefit of the City, the Trustee, the Dissemination Agent, the Participating Underwriter and holders and beneficial owners from time to time of the 2022 Bonds, and shall create no rights in any other person or entity.

Section 14. Counterparts. This Disclosure Certificate may be executed in several counterparts, each of which shall be regarded as an original, and all of which shall constitute one and the same instrument.

Date: ____________, 2022

CITY OF LODI

By:

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APPENDIX F

DTC AND THE BOOK-ENTRY ONLY SYSTEM
The information in this Appendix F regarding DTC and its book -entry system h as been obtained from DTC’s website, for use in securities offering documents, and the City takes no responsibility for the accuracy or completeness thereof or for the absence of material changes in such information after the date hereof.

The Depository Tr ust Company (“DTC”), New York, New York, acts as securities depository for the Bonds. The Bonds were issued as fully–registered securities registered in the name of Cede & Co. (DTC’s partnership nominee) or such other name as may be requested by an authorized representative of DTC. One fully -registered bond certificate was issued for each maturity of each series of the Bonds, each in the aggregate principal amount of such maturity, and will be deposited with DTC.

DTC, the world’s largest securities deposi tory, is a limited -purpose trust company organized under the New York Banking Law, a “banking organization” within the meaning of the New York Banking Law, a member of the Federal Reserve System, a “clearing corporation” within the meaning of the New York Uniform Commercial Code, and a “clearing agency” registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended. DTC holds and provides asset servicing for over 3.5 million issues of U.S. and non - U.S. equity issues , corporate and municipal debt issues, and money market instruments (from over 100 countries) that DTC’s participants (“Direct Participants”) deposit with DTC. DTC also facilitates the post -trade settlement among Direct Participants of sales and other sec urities transactions in deposited securities, through electronic computerized book -entry transfers and pledges between Direct Participants’ accounts. This eliminates the need for physical movement of securities certificates. Direct Participants include both U.S. and non -U.S. securities brokers and dealers, banks, trust companies, clearing corporations, and certain other organizations.

DTC is a wholly -owned subsidiary of The Depository Trust & Clearing Corporation (“DTCC”).

DTCC is the holding company fo r DTC, National Securities Clearing Corporation and Fixed Income Clearing Corporation, all of which are registered clearing agencies. DTCC is owned by the users of its regulated subsidiaries. Access to the DTC system is also available to others such as both U.S. and non- U.S. securities brokers and dealers, banks, trust companies, and clearing corporations that clear through or maintain a custodial relationship with a Direct Participant, either directly or indirectly (“Indirect Participants”). DTC has a S tandard & Poor’s rating of AA+. The DTC Rules applicable to Participants are on file with the Securities and Exchange Commission. More information about DTC can be found at www.dtcc.com.

Purchases of the Bonds under the DTC system must be made by or thr ough Direct Participants, which will receive a credit for the Bonds on DTC’s records. The ownership interest of each actual purchaser of each Bond (“Beneficial Owner”) is in turn to be recorded on the Direct and Indirect Participants’ records. Beneficial Owners will not receive written confirmation from DTC of their purchase. Beneficial Owners are, however, expected to receive written confirmations providing details of the transaction, as well as periodic statements of their holdings, from the Direct or Indirect Participant through which the Beneficial Owner entered into the transaction. Transfers of ownership interests in the Bonds are to be accomplished by entries made on the books of Direct and Indirect Participants acting on behalf of Beneficial Owners. Beneficial Owners will not receive certificates representing their ownership interests in the Bonds, except in the event that use of the book-entry system for the Bonds is discontinued.

F-2

To facilitate subsequent transfers, all Bonds deposited by Direct Participants with DTC are registered in the name of DTC’s partnership nominee, Cede & Co. or such other name as may be requested by an authorized representative of DTC. The deposit of Bonds with DTC and their registration in the name of Cede & Co. or suc h other DTC nominee do not affect any change in beneficial ownership. DTC has no knowledge of the actual Beneficial Owners of the Bonds; DTC’s records reflect only the identity of the Direct Participants to whose accounts such Bonds are credited, which may or may not be the Beneficial Owners. The Direct and Indirect Participants will remain responsible for keeping account of their holdings on behalf of their customers.

Conveyance of notices and other communications by DTC to Direct Participants, by Direct Participants to Indirect Participants, and by Direct Participants and Indirect Participants to Beneficial Owners will be governed by arrangements among them, subject to any statutory or regulatory requirements as may be in effect from time to time. Beneficial Owners of Bonds may wish to take certain steps to augment the transmission to them of notices of significant events with respect to the Bonds, such as redemptions, tenders, defaults and proposed amendments to the Bond documents. For example, Beneficial Owners of Bonds may wish to ascertain that the nominee holding the Bonds for their benefit has agreed to obtain and transmit notices to Beneficial Owners. In the alternative, Beneficial Owners may wish to provide their names and addresses to the registrar and request that copies of the notices be provided directly to them.

While the Bonds are in the book -entry-only system, redemption notices will be sent to DTC. If less than all of the Bonds of a maturity are being redeemed, DTC’s practice is to determine by lot the amount of the interest of each Direct Participant in such issue to be redeemed.

Neither DTC nor Cede & Co. (nor any other DTC nominee) will consent or vote with respect to the Bonds unless authorized by a Direct Participant in accordance wi th DTC’s MMI Procedures. Under its usual procedures, DTC mails an Omnibus Proxy to the City as soon as possible after the record date. The Omnibus Proxy assigns Cede & Co.’s consenting or voting rights to those Direct Participants to whose accounts the B onds are credited on the record date (identified in a listing attached to the Omnibus Proxy).

Principal and interest payments on the Bonds will be made to Cede & Co., or such other nominee as may be requested by an authorized representative of DTC. DTC’s practice is to credit Direct Participants’ accounts upon DTC’s receipt of funds and corresponding detail information from the City or the Trustee on the payable date in accordance with their respective holdings shown on DTC’s records. Payments by Participants to Beneficial Owners will be governed by standing instructions and customary practices, as is the case with securities held for the accounts of customers in bearer form or registered in “street name,” and will be the responsibility of such Participant and not of DTC, the Trustee or the City, subject to any statutory or regulatory requirements as may be in effect from time to time. Payment of principal and interest payments to Cede & Co. (or such other nominee as may be requested by an authorized representative of DTC) is the responsibility of the City or the Trustee, disbursement of such payments to Direct Participants will be the responsibility of DTC, and disbursement of such payments to the Beneficial Owners will be the responsibility of Direct and Indirect Participants.

DTC may discontinue providing its services as depository with respect to the Bonds at any time by giving reasonable notice to the City or the Trustee. Under such circumstances, in F-3

the event that a successor depository is not obtained, certificates representing the Bonds are required to be printed and delivered.

The City may decide to discontinue use of the system of book -entry-only transfers through DTC (or a successor securities depository). In that event, certificates representing the Bonds will be printed and delivered to DTC.

1 $_________

LODI PUBLIC FINANCING AUTHORITY
2022 LEASE REVENUE REFUNDING BONDS
(2012 REFUNDING; CAPITAL PROJECTS FINANCING)

BOND PURCHASE AGREEMENT
_______, 2022
Lodi Public Financing Authority
P.O. Box 3006
Lodi, California 95241-1910
City of Lodi
P.O. Box 3006
Lodi, California 95241-1910
Ladies and Gentlemen:

Piper Sandler & Co. (the “ Underwriter”), hereby offers to enter into this Bond Purchase Agreement with you, the City of Lodi (the “ City”) and the Lodi Public Financing Authority (the “Authority”), for the purchase by the Underwriter and the delivery by you of the Authority’s 2022 Lease Revenue Refunding Bonds (the “Bonds”). The Bonds are primarily being issued to (i) refund the outstanding amount of the Authority’s $19,080,000 original principal amount of 2012 Refunding Lease Revenue Bonds (the “ Refunded Bonds”) and the City’s related lease payment obligation and (ii) finance the acquisition and construction of capital improveme nts of the City, including a new animal shelter. This offer is made subject to acceptance by you prior to 11:59 p.m., Los Angeles time, on the date hereof. Upon such acceptance, this Bond Purchase Agreement shall be in full force and effect in accordance with its terms and shall be binding upon you and the Underwriter.

1. Purchase and Sale. Upon the terms and conditions and upon the basis of the representations, warranties and agreements hereinafter set forth, the Underwriter agrees to purchase from the Authority all (but not less than all) of the $_____ aggregate principal amount of the Bonds.

The purchase price for the Bonds shall be $_______ (being the principal amount of the Bonds, [plus original issue premium ] [less original issue discount] in the amount of $_______ and less an Underwriter’s discount in the amount of $________).

The Bonds will be dated the date of delivery thereof and will have the maturities and bear interest at the rates set forth on Exhibit A hereto. The Bonds will be subject to redemption as set forth in the Indenture and Official Statement herein described. The Bonds will be issued in book-entry form only. It is anticipated that CUSIP identification numbers will be inserted on the Bonds, but neither the failure to provide such numbers nor any error with respect thereto shall constitute a cause for failure or refusal by the Underwriter to accept delivery of the Bonds in accordance with the terms of this Bond Purchase Agreement.
[The scheduled payment of principal of and interest on [the Bonds] [certain maturities of the Bonds indicated on Exhibit A hereto] when due will be guaranteed under a municipal bond insurance 2 policy (the “ Policy”) to be issued concurrently with the delivery of the Bonds by ________ (the “Insurer”). As an accommodation to the Authority and City, the Underwriter will wire from the Purchase Price the premium for the Policy in the amount of $______ on the date of Closing (defined below).]

2. Authorizing Instruments and Law. The Bonds shall be issued purs uant to the provisions of a resolution (the “Resolution”) adopted by the Authority on _______, 2022 authorizing the issuance of the Bonds and the Marks-Roos Local Bond Pooling Act of 1985, constituting Section 6584, et seq. of the California Government Code (the “JPA Act”). The Bonds are issued pursuant to an Indenture of Trust, dated as of March 1, 2022 (the “Indenture”), between the Authority and U.S.

Bank National Association, as trustee (the “Trustee”), and shall be as described in the Indenture.

The Bonds are limited obligations of the Authority payable primarily from and secured by certain lease payments (the “Lease Payments”) to be paid by the City pursuant to a Lease Agreement, dated as of March 1, 2022, between the City and the Authority (the “Lease”), for certain real property and the improvements thereon (the “Leased Property”).

The Refunded Bonds will be defeased and refunded in accordance with Irrevocable Refunding Instructions from the Authority to U.S. Bank National Association, as trustee for the Refunded Bonds, dated ______, 2022 (the “Irrevocable Refunding Instructions”).

3. Offering the Bonds. The Underwriter agrees to offer all the Bonds to the public initially at the prices (or yields) set forth on the cover pages of the Official Statement of the Authority pertaining to the Bonds, dated ______, 2022 (the Official Statement, together with all appendices thereto, and with such changes therein and supplements thereto as are consented to in writing by the Authority, the City, the Underwriter or its legal counsel in accordance with the provisions of Sections 6(j) and 7(j) hereof or otherwise consented to by the Underwriter pursuant to Section 10(b)(v), are herein called the “ Official Statement”). Subsequent to the initial public offeri ng of the Bonds, the Underwriter reserves the right to change the public offering prices (or yields) as they deem necessary in connection with the marketing of the Bonds. The Bonds may be offered and sold to certain dealers at prices lower than such initial public offering prices. “Public Offering” shall include an offering to a number of institutional investors or registered investment companies, regardless of the number of such investors to which the Bonds are sold.

The City and the Authority acknowledge and agree that (i) the purchase and sale of the Bonds pursuant to this Bond Purchase Agreement is an arm’s -length commercial transaction between the City, the Authority and the Underwriter, and that the Underwriter has financial and other interests that differ from those of the City and the Authority, (ii) in connection with such transaction the Underwriter is not acting as a municipal advisor, financial advisor or fiduciary to the City and the Authority or any other pe rson or entity and have not assumed a fiduciary responsibility in favor of the City or the Authority with respect to the offering of the Bonds or the process leading thereto (whether or not the Underwriter has advised or is currently advising the City or the Authority on other matters), (iii) the only contractual obligations the Underwriter has to the City and the Authority with respect to the transaction contemplated hereby expressly are set forth in this Bond Purchase Agreement, except as otherwise provided by applicable rules and regulations of the SEC or the rules of the Municipal Securities Rulemaking Board (the “MSRB”) and (iv) the City and the Authority have consulted with their own legal and other professional advisors to the extent they deemed appropriate in connection with the offering of the Bonds. The City and the Authority acknowledge that they have previously provided the Underwriter with an acknowledgement of receipt of the required Underwriter disclosure 3 under Rule G -17 of the MSRB relating t o disclosures concerning the Underwriter’s role in the transaction, disclosures concerning the Underwriter’ s compensation, conflict disclosures, if any, and disclosures concerning complex municipal securities financing, if any.

4. Delivery of Official Statement. If requested by the Underwriter, t he Authority shall deliver to the Underwriter two (2) copies of the Official Statement manually executed on behalf of the Authority and the City . The Authority shall also deliver copies of the Official Statement in such quantities as the Underwriter may reasonably request in order to enable the Underwriter to distribute a single copy of each Official Statement to any potential customer of the Underwriter requesting an Official Statement during the time period begi nning when the Official Statement becomes available and ending on the End Date (defined below). The Authority shall deliver these copies to the Underwriter within seven (7) business days after the execution of this Bond Purchase Agreement and in sufficient time to accompany or precede any sales confirmation that requests payment from any customer of the Underwriter . The Authority and the City shall prepare the Official Statement, including any amendments thereto, in word-searchable PDF format as described in the MSRB’s Rule G-32 and shall provide the electronic copy of the word-searchable PDF format of the Official Statement to the Underwriter no later than one (1) business day prior to the Closing Date to enable the Underwriter to comply with MSRB Rule G-32. The Authority and the Underwriter hereby agree that the end of the underwriting period shall be the date of Closing (as defined below) unless the Underwriter informs the Authority in writing of a different end of the underwriting period. “End Date” as used herein is that date which is the earlier of:
(a) twenty-five (25) days after the end of the underwriting period, as defined in SEC Rule 15c2-12 originally adopted by the Securities and Exchange Commission on June 28, 1989, as amended (“Rule 15c2-12”); or
(b) the time when the Official Statement becomes available from the MSRB, but in no event less than twenty-five (25) days after the underwriting period (as defined in Rule 15c2-12) ends.

The Underwriter acknowledges that the “End Date” will be the date of Clos ing unless the Underwriter otherwise notifies the Authority and the City in writing that the Underwriter still owns some or all of the Bonds.

The Authority and the City have authorized the use of the Official Statement in connection with the public offering of the Bonds. The Authority and the City also have consented to the use by the Underwriter prior to the date hereof of the Preliminary Official Statement dated ______, 2022, relating to the Bonds in connection with the public offering of the Bonds, (which, together with all appendices thereto, is herein called the “ Preliminary Official Statement”). Authorized officers of the City and the Authority have certified to the Underwriter that such Preliminary Official Statement was deemed to be final as of its date for purposes of Rule 15c2-12, with the exception of certain final pricing and related information referred to in Rule 15c2-12. The Underwriter has distributed a copy of each Preliminary Official Statement to potential customers on request.

5. The Closing. At 9:00 A.M., California time, on ______, 2022, or at such other time or on such earlier or later business day as shall have been mutually agreed upon by the Authority, the City and the Underwriter, the Authority, upon receipt of the purchase price thereof, will deliver (i) the Bonds in book-entry form through the facilities of The Depository Trust Company (“ DTC”), and 4 (ii) the closing documents hereinafter mentioned at the offices of Jones Hall, A Professional Law Corporation, San Francisco, California (“Bond Counsel”), or another place to be mutually agreed upon by the Authority, the City and the Underwriter. The Underwriter will accept such delivery from the Authority. The Underwriter will pay the purchase price of the Bonds as set forth in Sect ion 1 hereof by wire transfer of immediately available funds. This payment and delivery, together with the delivery of the aforementioned documents, is herein called the “Closing.”

6. City Representations, Warranties and Covenants. The City represents, warrants and covenants to the Underwriter that:
(a) The City is a general law city organized and operating pursuant to the laws of the State of California (the “State”) with power and authority to enter into and perform its duties under the Lease, the Continuing Disclosure Certificate , dated ______, 2022 (the “Continuing Disclosure Certificate”), the Site Lease, dated as of March 1, 2022 (the “Site Lease”), between the City and the Authority, the Official Statement and this Bond Purchase Agreement (collectively, the “ City Documents”).
(b) To the best knowledge of the City, neither the approval, execution and delivery of the City Documents, and compliance with the provisions on the City ’s part contained therein, nor the consummation of any other of the transactions herein and therein contemplated, nor the fulfillment of the terms hereof and thereof, materially conflicts with or constitutes a material breach of or default under nor materially contravenes any law, administrative regulation, judgment, decree, loan agreement, indenture, bond, note, resolution, agreement or other instrument to which the City is a party or is otherwise subject, nor does any such execution, delivery, adoption or compliance result in a security interest or encumbrance of any nature whatsoever upon any of the properties or assets of the City under the terms of any such law, administrative regulation, judgment, decree, loan agreement, indenture, bond, note, resolution, agreement or other instrument, except as provided by the City Documents. (c) The City Documents have been duly authorized, executed and delivered by the City, and, assuming due authorization, execution and delivery by the other parties thereto, constitute legal, valid and binding agreements of the City enforceable in accordance with their respective terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, moratorium, reorganization, fraudulent conveyance or other laws affecting the enforcement of creditors’ rights generally, and by the application of equitable principles if sought, by the exercise of judicial discretion, and by the limitations on legal remedies imposed on actions against cities in the State. (d) Except as may be required under blue sky or other securities laws of any state, there is no material consent, approval, authorization or other order of, or filing with, or certification by, any regulatory agency having jurisdiction over the City required for the execution and delivery of the Bonds or the consummation by the City of the other transactions contemplated by the Official Statement and this Bond Purchase Agreement.
(e) To the best of the knowledge of the City, there is, and on the Closing there will be, no action, suit, proceeding or investigation at law or in equity before or by any court or governmental agency or body pending (notice of which has been received by the City ) or threatened against the City to restrain or enjoin the delivery of any of the Bonds, or the payment s to be made pursuant to the Lease, or in any way contesting or affecting the validity of the City Documents or the Bonds or the authority of the City to approve this Bond Purchase Agreement, or enter into the City Documents or contesting the powers of the City to enter into or perform its obligations under any of 5 the foregoing or in any way contesting the powers of the City in connection with any action contemplated by this Bond Purchase Agreement or to restrain or enjoin the execution, sale and delivery of the Bonds, contesting the completeness or accuracy of the Preliminary Official Statement as of its date or the Official Statement or any supplement or amendment thereto wherein an unfavorable decision, ruling or finding would materially adversely affect the validity or enforceability of the City Documents to be executed by it or asserting that the Preliminary Official Statement as of its date or the Official Statement contained any untrue statement of a material fact or omitted to state any material fact required to be stated therein or necessary to make the statements therein, in light of all the circumstances under which they were made, not misleading, or, except as described in the Preliminary Official Statement and the Official Statement, nor is there any basis for any such action, suit, proceeding or investigation.
(f) The Preliminary Official Statement provided to the Underwriter has been deemed final by the City , as required by Rule 15c2-12. As of the date thereof and at all times subsequent thereto up to and including the Closing, the information relating to the City, the Bonds, the Leased Property and the City Documents contained in the Official Statement was and will be materially complete for its intended purposes. The information relating to the City, the Bonds, the Leased Property and the City Documents contained in the Official Statement as of the date hereof is true and correct in all material respects and such information does not contain any untrue or misleading statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading in any material respect. (g) The City agrees to cooperate with the Underwriter in endeavoring to qualify the Bonds for offering and sale under the securities or blue sky laws of such jurisdictions of the United States as the Underwriter may request; provided, however, that the City will not be required to execute a special or general consent to service of proce ss in any jurisdiction in which it is not now so subject or to qualify to do business as a foreign corporation in any jurisdiction where it is not so qualified. The Underwriter shall be responsible for all costs relating to such qualification of the Bonds under blue sky or similar laws.
(h) By official action of the City prior to or concurrently with the execution hereof, the City has duly approved the distribution of the Official Statement, and has duly authorized and approved the execution and delivery of, and the performance by the City of the obligations on its part contained in the City Documents and the consummation by it of all other transactions contemplated by the Official Statement and this Bond Purchase Agreement. (i) To the best knowledge of the City, it is not in any material respect in breach of or default under any material applicable law or administrative regulation of the State or the United States or any material applicable judgment or decree or any loan agreement, indenture, bond, note, resolution, agreement or other instrument to which the City is a party or is otherwise subject and in connection with which the City is obligated to make payments from its own funds, and no event has occurred and is continuing which, with the passage of time or the g iving of notice, or both, would constitute a default or an event of default under any such instrument the consequence of which could materially and adversely affect the performance of the City under the City Documents. (j) If between the date of this Bond Purc hase Agreement and the End Date an event occurs, of which the City has knowledge, which might or would cause the information relating to the City, the City’s finances, the Leased Property, or the City’s functions, duties and responsibilities contained in the Official Statement, as then supplemented or amended, to contain an untrue statement 6 of a material fact or to omit to state a material fact required to be stated therein or necessary to make such information therein, in the light of the circumstances under which it was presented, not misleading in any material respect, the City will notify the Underwriter, and if, in the opinion of the Underwriter, the City or their respective legal counsel, such event requires the preparation and publication of a supplement or amendment to the Official Statement, the City will cooperate with the Underwriter in the preparation of an amendment or supplement to the Official Statement in a form and in a manner approved by the Underwriter, provided all expenses thereby incurred will be paid for by the City. (k) If the information relating to the Leased Property, the City, its functions, duties and responsibilities contained in the Official Statement is amended or supplemented pursuant to the immediately preceding subparagraph, at the time of each supplement or amendment thereto and (unless subsequently again supplemented or amended pursuant to such subparagraph) at all times subsequent thereto up to and including the date of the Closing, the portions of the Official Statement so supplemented or amended (including any financial and statistical data contained therein) will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make such information therein, in the light of the circumstances under which it was presented, not misleading in any material respect.
(l) The City covenants that it will comply with all tax covenants relating to it in the City Documents and the Tax Certificate.
(m) Any certificate signed by a duly authorized official of the City and delivered to the Underwriter shall be deemed a representation and warranty by the City to the Underwriter as to the statements made therein.
(n) As of the time of acceptance hereof and as of the Closing, the City does not and will not have outstanding any indebtedness which is payable from the City ’s general fund except as disclosed in the Official Statement.
(o) Between the date of this Bond Purchase Agreement and the date of Closing, the City will not, except as disclosed in the Official Statement, offer or issue any certificates, notes or other obligations for borrowed money, or, other than in the normal course of its operations, incur any material liabilities, direct or contingent, secured by or payable from the City’s general fund. (p) The City will undertake, pursuant to the Continuing Disclosure Certificate , to provide or cause to be provided annual financial reports and notices of certain events; a description of this undertaking is set forth in the Official Statement. Except as disclosed in the Preliminary Official Statement and Official Statement, the City and its related entities ha ve not failed to comply in any material respect with a continuing disclosure undertaking under Rule 15c2-12 during the previous five years.
(q) The City is the owner in fee of title of the Leased Property and no other governmental authority, person, firm or corporation can claim ownership to the Leased Property. (r) The Leased Property is an essential asset of the City. (s) As of the time of acceptance hereof and as of the Closing , the value of the Leased Property is not less than the initial aggregate principal amount of the Bonds. 7 (t) The financial statements of, and other financial information regarding the City in the Official Statement fairly present the financial position and results of the operations of the City as of the dates and for the periods therein set forth and the audited financial statements have been prepared in accordance with generally accepted accounting principles applicable to cities.

7. Authority Representations, Warranties and Covenants . The Authority represents, warrants and covenants to the City and the Underwriter that:
(a) The Authority is a joint powers authority, duly organized and existing under the Constitution (the “ Constitution”) and laws of the State, including the JPA Act, with full right, power and authority to enter into, execute and deliver the Authority Documents (defined below) and to perform its obligations hereunder.
(b) By all necessary official action, the Authority has duly authorized and approved the execution and delivery of, and the performance by the Authority of the obligations on its part contained in the Bond Purchase Agreement, the Bonds, the Indenture, the Lease, the Site Lease, the Irrevocable Refunding Instructions and the Assignment Agreement, dated as of March 1, 2022 (the “Assignment Agreement ”), between the Authority and the Trustee (collectively, the “ Authority Documents”), and has approved the use by the Underwriter of the Preliminary Official Statement, and the Official Statement and, as of the date hereof, such authorizations and approvals are in full force and effect and have not been amended, modified or rescinded. When executed and delivered by the parties hereto, the Authority Documents will constitute the legally valid and binding obligations of the Authority enforceable upon the Authority in accordance with their respective terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws or equitable princi ples relating to or affecting creditors rights generally, to the exercise of judicial discretion and to the limitations on legal remedies against joint powers authorities in California. The Authority has complied and will at the Closing, be in compliance in all respects, with the terms of the Authority Documents.
(c) The Bonds, when issued in accordance with the Indenture, will be valid and binding limited obligations of the Authority, entitled to the benefits of the Indenture and enforceable in accordance wit h their terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws or equitable principles relating to or limiting creditors’ rights generally, to the exercise of judicial discretion and to the limitat ions on legal remedies against joint powers authorities in California.
(d) As of the time of acceptance hereof and as of the time of the Closing, except as otherwise disclosed in the Official Statement, to the best knowledge of the Authority, the Authority is not and will not be in any material respect in breach of or in default under any law or administrative rule or regulation of the State or the United States, or any applicable judgment or decree or any trust agreement, loan agreement, bond, note, resolution, ordinance, agreement or other instrument to which the Authority is a party or is otherwise subject, and no event has occurred and is continuing which, with the passage of time or the giving of notice, or both, would constitute a default or event of default under any such instrument which breach, default or event could have an adverse effect on the Authority’s ability to perform its obligations under the Authority Documents; and, as of such times, except as disclosed in the Official Statement, the authorization, execution and delivery of the Authority Documents and compliance by the Authority with the provisions thereof do not and will not conflict with or constitute a breach of or default under any applicable constitutional provision, law or administrative rule or regulation of the State or the United States or any applicable judgment, decree, 8 license, permit, trust agreement, loan agreement, bond, note, resolution, ordinance, agreement or other instrument to which the Authority is subject, or by which it or any of its properties is bound, nor will any such authorization, execution, delivery or compliance result in the creation or imposition of any lien, charge or other security interest or encumbrance of any nature whatsoever upon any of its assets or prope rties under the terms of any such law, regulation or instrument except as provided in the Authority Documents.
(e) As of the time of acceptance hereof and the Closing, except as disclosed in the Official Statement, there is no action, suit, proceeding, inquiry or investigation, at law or in equity, before or by any court, government agency, public board or body, pending (notice of which has been received by the Authority), or to the best knowledge of the Authority threatened against the Authority in any material respect:
(i) affecting the existence of the Authority or the titles of the officers of the Authority to their respective offices;
(ii) affecting, contesting or seeking to prohibit, restrain or enjoin the issuance or delivery of any of the Bonds, or the payment or collection of any amounts pledged or to be pledged to pay the principal of and interest on the Bonds, or in any way contesting or affecting the validity of the Authority Documents or the consummation of the transactions on the part of the Authority contemplated thereby, or contesting the exclusion of the interest on the Bonds from Federal or State taxation, as applicable, or contesting the powers of the Authority or its authority to enter into the Lease and to pledge the Lease Payments for repayment of the Bonds; (iii) which may result in any material adverse change relating to the financial condition of the Authority;
(iv) contesting the completeness or accuracy of the Preliminary Official Statement as of its date or the Official Statement or any supplement or amendment thereto or asserting that the Preliminary Official Statement as of its date or the Official Statement contained any untrue statement of a material fact or omitted to state any material fact required to be stated therein or necessary to make the statements therein, in light of all the circumstances under which they were made, not misleading; or
(v) challenging the ability of the Authority to sell the Bonds to the Underwriter.
(f) The Authority will furnish such information, execute such instruments and take such other action in cooperation with the Underwriter as the Underwriter may reasonably request in order to qualify the Bonds for offer and sale under the blue sky laws or other securities laws and regulations of such states and other jurisdictions of the United States as the Underwriter may designate and will use its best efforts to continue such qualification in effect so long as required for distribution of the Bonds; provided however , that in no event shall the Authority be required to take any action which would subject it to general or unlimited service of process in any jurisdiction in which it is not now so subject.
(g) Any certificate signed by a duly authorized officer of the Authority and delivered to the Underwriter shall be deemed to be a representation and warranty by the Authority to the Underwriter as to the statements made therein.
9 (h) As of the time of acceptance hereof and as of the date of Closing, except as otherwise disclosed in the Official Statement, the Authority has complied with the filing requirements of the JPA Act.
(i) The Authority will advise the Underwriter promptly of any proposal to amend or supplement the Official Statement from the delivery of the Official Statement to the End Date and will not effect or consent to any such amendment or supplement without prior consultation with the Underwriter. The Authority will advise the Underwriter promptly of the institution of any proceedings known to it by any governmental agency prohibiting or otherwise affecting the use of the Official Statement in connection with the offering, sale or distribution of the Bonds. (j) Substantially all the proceeds from the sale of the Bonds (after deducting the expenses of issuance and sale of the Bonds paid for from such proceeds) will be used as set forth in the Indenture and as described in the Official Statement, and the Authority will not take or omit to take any action which action or omission will in any way cause the proceeds from the sale of the Bonds to be applied in a manner contrary to that provided in the Indenture and the Lease, as amended from time to time.
(k) For a period beginning on the date hereof and continuing until the End Date, (a) the Authority will not adopt any amendment of, or supplement to, the Official Statement without prior consultation w ith the Underwriter and Kutak Rock LLP, counsel to the Underwriter (“Underwriter’s Counsel”) and (b) if any event relating to or affecting the Authority shall occur as a result of which it is necessary, in the opinion of the Underwriter and Underwriter’s Counsel, to amend or supplement the Official Statement in order to make the Official Statement not misleading in the light of the circumstances existing at the time it is delivered to a purchaser of the Bonds, the Authority will forthwith cause the City to prepare and furnish to the Underwriter a reasonable number of copies of an amendment of, or supplement to, the Official Statement (in form and substance satisfactory to Underwriter’s Counsel) which will amend or supplement the Official Statement so that it will not contain an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances existing at the time the Official Statement is delivered to a purchaser of the Bonds, not misleading.

8. Establishment of Issue Price.
(a) The Underwriter agrees to assist the Authority in establishing the issue price of the Bonds and shall execute and deliver to the Authority at Closing an “issue price” or similar certificate, together with the supporting pricing wires or equivalent communic ations, substantially in the form attached hereto as Exhibit B, with such modifications as may be appropriate or necessary, in the reasonable judgment of the Underwriter, the Authority and Bond Counsel, to accurately reflect, as applicable, the sales price or prices or the initial offering price or prices to the public of the Bonds. (b) Except as otherwise set forth in Exhibit A attached hereto, the Authority will treat the first price at which 10% of each maturity of the Bonds (the “10% test”) is sold to the public as the issue price of that maturity. At or promptly after the execution of this Bond Purchase Agreement, the Underwriter shall report to the Authority the price or prices at which it has sold to the public each maturity of Bonds. If at that time the 10% test has not been satisfied as to any maturity of the Bonds, the Underwriter agrees to promptly report to the Authority the prices at which it sells the unsold Bonds of that maturity to the public. That reporting obligation shall continue, whether or not the Closing Date has occurred, until either (i) the Underwriter has sold all Bonds of that maturity or (ii) the 10% test has 10 been satisfied as to the Bonds of that maturity, provided that, the Underwriter’s reporting obligation after the Closing Date may be at reasonable periodic intervals or otherwise upon request of the Authority or Bond Counsel. For purposes of this Section, if Bonds mature on the same date but have different interest rates, each separate CUSIP number within that maturity will be treated as a separate maturity of the Bonds.
(c) The Underwriter confirms that it has offered the Bonds to the public on or before the date of this Bond Purchase Agreement at the offering price or prices (the “ initial offering price”), or at the corresponding yield or yields, set forth in Exhibit A attached hereto. Exhibit A also sets forth, as of the date of this Bond Purchase Agreement, the maturities, if any, of the Bonds for which the Underwriter represents that (i) the 10% test has been satisfied (assuming orders are confirmed by the close of the business day immediately following the date of this Bond Purchase Agreement) and (ii) the 10% test has not been satisfied and for which the Authority and the Underwriter agree that the restrictions set forth in the next sentence shall apply, which will allow the Authority to treat the initial offering price to the public of each such maturity as of the sale date as the issue price of that maturity (the “ hold-the-offering-price rule ”). So long as the hold-the -offering-price rule remains applicable to any maturity of the Bonds , the Underwriter will neither offer nor sell unsold Bonds of that maturity to any person at a price that is higher than the initial offering price to the public during the period starting on the sale date and ending on the earlier of the following:
(A) the close of the fifth (5th) business day after the sale date; or (B) the date on which the Underwriter has sold at least 10% of that maturity of the Bonds to the public at a price that is no higher than t he initial offering price to the public.

The Underwriter will advise the Authority promptly after the close of the fifth (5th) business day after the sale date whether it has sold 10% of that maturity of the Bonds to the public at a price that is no higher than the initial offering price to the public. (d) The Underwriter confirms that:
(i) any selling group agreement and any third-party distribution agreement relating to the initial sale of the Bonds to the public, together with the related pricing wires, contains or will contain language obligating each dealer who is a member of the selling group and each broker -dealer that is a party to such third-party distribution agreement, as applicable:
(A)(i) to report the prices at which it sells to the public the unsold Bonds of each maturity allocated to it, whether or not the Closing Date has occurred, until either all Bonds of that maturity allocated to it have been sold or it is notified by the Underwriter that the 10% test has been satisfied as to the Bonds of that maturity, provided that, the reporting obligation after the Closing Date may be reasonable periodic intervals or otherwise upon request of the Underwriter and (ii) to comply with the hold-the-offering-price rule, if applicable, if and for so long as directed by the Underwriter, (B) to promptly notify the Underwriter of any sales of Bonds that, to its knowledge, are made to a purchaser who is a related party to an underwriter participating in the initial sale of the Bonds to the public (each such term being used as defined below), and 11 (C) to acknowledge that, unless otherwise advised by the dealer or broker-dealer, the Underwriter shall assume that each order submitted by the dealer or broker-dealer is a sale to the public. (ii) any selling group agreement relating to the initial sale of the Bonds to the public, together with the related pricing wires, contains or will contain language obligating each dealer that is a party to a third-party distribution agreement to be employed in connection with the initial sale of the Bonds to the public to require each broker-dealer that is a party to such third-party distribution agreement to (A) report the prices at which it sells to the public the unsold Bonds of each maturity allocated to it, whether or not the Closing Date has occurred, until either all Bonds of that maturity allocated to it have been sold or it is notified by the Underwriter or the dealer that the 10% test has been satisfied as to the Bonds of that maturity, provided that, the reporting obligation after the Closing Date may be at reasonable periodic intervals or otherwise upon request of the Underwriter or the dealer, and (B) comply with the hold- the-offering-price rule, if applicable, if and for so long as directed by the Underwriter or the dealer and as set forth in the related pricing wires. (e) The Authority acknowledges that, in making the representation set forth in this section, the Underwriter will rely on (i) in the event a selling group has been created in connection with the initial sale of the Bonds to the public, the agreement of each de aler who is a member of the selling group to comply with the requirements for establishing the issue price of the Bonds, including, but not limited to, its agreement to comply with the hold-the-offering-price rule, if applicable to the Bonds, as set forth in a selling group agreement and the related pricing wires, and (ii) in the event that a third- party distribution agreement was employed in connection with the initial sale of the Bonds to the public, the agreement of each broker-dealer that is a party to such agreement to comply with the requirements for establishing the issue price of the Bonds, including, but not limited to, its agreement to comply with the hold -the-offering-price rule, if applicable to the Bonds, as set forth in the third - party distribution agreement and the related pricing wires. The Authority further acknowledges that the Underwriter shall not be liable for the failure of any dealer who is a member of a selling group, or of any broker-dealer that is a party to a third -party distributio n agreement, to comply with its corresponding agreement to comply with the requirements for establishing the issue price of the Bonds, including, but not limited to, its agreement to comply with the hold- the-offering-price rule, if applicable to the Bonds.
(f) The Underwriter acknowledges that sales of any Bonds to any person that is a related party to an underwriter participating in the initial sale of the Bonds to the public (each such term being used as defined below) shall not constitute sales to the public for purposes of this section.

Further, for purposes of this section:
a. “public” means any person other than an underwriter or a related party;
b. “underwriter” means (A) any person that agrees pursuant to a written contract with the Authority (or with the lead underwriter to form an underwriting syndicate) to participate in the initial sale of the Bonds to the public and (B) any person that agrees pursuant to a written contract directly or indirectly with a person described in clause (A) to participate in the initial sale of the Bonds to the public (including a member of a selling group or a party to a third-party distribution agreement participating in the initial sale of the Bonds to the public); c. a purchaser of any of the Bonds is a “related party” to an underwriter if the underwriter and the purchaser are subject, directly or indirectly, to (A) more than 12 50% common ownership of the voting power or the total value of their stock, if both entities are corporations (including direct ownership by one corporation of another), (B) more than 50% common ownership of their capital interests or profits interests, if both entities are partnerships (including direct ownership by one partnership of another), or (C) more than 50% common ownership of the value of the outstanding stock of the corporation or the capital interests or profit interests of the partnership, as applicable, if one entity is a corporation and the other entity is a partnership (including direct ownership of the applicable stock or interests by one entity of the other); and d. “sale date” means the date of execution of this Bond Purchase Agreement by all parties.

9. Closing Conditions. The Underwriter has entered into this Bond Purchase Agreement in reliance upon the representations, warranties and covenants herein and the performance by the Authority and the City of their respective obligations hereunder, both as of the date hereof and as of the date of the Closing. The Underwriter’s obligations hereunder are and shall be subject to the following additional conditions:
(a) Bring-Down Representation. The representations, warranties and covenants of the Authority and the City contained herein shall be true and correct at the date hereof and at the time of the Closing, as if made on the date of the Closing.
(b) Executed Agreements and Performance Thereunder . At the time of the Closing:
(i) the City Documents and the Authority Documents shall be in full force and effect, and shall not have been amend ed, modified or supplemented except with the prior written consent of the Underwriter;
(ii) there shall be in full force and effect such resolutions (the “Authorizing Resolutions”) as, in the opinion of Bond Counsel, shall be necessary in connection with the transactions on the part of the Authority and the City contemplated by the City Documents and the Authority Documents;
(iii) the Authority shall perform or have performed its obligations required or specified in the Authority Documents to be performed at or prior to Closing; (iv) the City shall perform or have performed its obligations required as specified in the City Documents to be performed at or prior to Closing; and (v) the Official Statement shall not have been supplemented or amended, except pursuant to Paragraph 6(j) or 7(i), or as otherwise may have been agreed to in writing by the Underwriter.
(c) No Default. At the time of the Closing, no default shall have occurred or be existing under the Authority Documents or the City Documents and neither the Authority nor the City shall be in default in the payment of principal or interest on any of its bonded indebtedness or other obligations payable from the City’s general fund which default shall adversely impact the ability of the Authority to make payments on the Bonds or the City to make payments pursuant to the Lease. 13 (d) Termination Events. The Underwriter shall have the right to terminate this Bond Purchase Agreement, without liability therefor, by written notification to the Authority and the City if at any time at or prior to the Closing the market price or marketability of the Bonds, or the ability of the Underwriter to enforce contracts for the sale of the Bonds, shall have been materially adversely affected in the reasonable judgment of the Underwriter (evidenced by a written notice to the City and the Authority terminating the obligation of the Underwriter to accept delivery of and pay for the Bonds) by reason of any of the following:
(i) an amendment to the Constitution of the United States or by any legislation in or by the Congress of the United States or by the State, or the amendment of legislation pending as of the date of the Authority Documents or the City Documents in the Congress of the United States, or the recommendation to Congress or endorsement for passage (b y press release, other form of notice or otherwise) of legislation by the President of the United States, the Treasury Department of the United States, the Internal Revenue Service or the Chairman or ranking minority member of the Committee on Finance of the United States Senate or the Committee on Ways and Means of the United States House of Representatives, or the proposal for consideration of legislation by either such Committee, or the presentment of legislation for consideration as an option by either such Committee, or by the staff of the Joint Committee on Taxation of the Congress of the United States, or the favorable reporting for passage of legislation to either House of the Congress of the United States by a Committee of such House to which such l egislation has been referred for consideration, or any decision of any Federal or State court or any ruling or regulation (final, temporary or proposed) or official statement on behalf of the United States Treasury Department, the Internal Revenue Service or other Federal or State authority materially adversely affecting the Federal or State tax status of the Authority or the City, or the interest on bonds or notes or obligations of the general character of the Bonds; or (ii) any legislation, ordinance, rule or regulation shall be introduced in, or be enacted by any governmental body, department or agency of the States or a decision by any court of competent jurisdiction within the State or any court of the United States shall be rendered which, in the reasonable opinion of the Underwriter, materially adversely affects the market price of the Bonds; or
(iii) legislation shall be enacted by the Congress of the United States, or a decision by a court of the United States shall be rendered, or a stop order, ruling, regulation or official statement by, or on behalf of, the Securities and Exchange Commission or any other governmental agency having jurisdiction of the subject matter shall be issued or made to the effect that the issuance, offering or sale of obligations of the general character of the Bonds, or the issuance, offering or sale of the Bonds, including all underlying obligations, as contemplated hereby or by the Official Statement, is in violation or would be in violation of, or that obligations of the general character of the Bonds, or the Bonds, are not exempt from registration under, any provision of the federal securities laws, including the Securities Act of 1933, as amended and as then in effect, or that the Indenture needs to be qualified under the Trust Indenture Act of 1939, as amended and as then in effect; or (iv) the New York Stock Exchange or other national securities exchange, or any governmental or regulatory authority, shall impose, as to the Bonds or obligations of the general character of the Bonds, any material restrictions not now in force, or increase materially those now in force, with respect to the extension of credit by, or the charge to the net capital requirements of the Underwriter; or
14 (v) a general banking moratorium shall have been established by federal or State authorities; or
(vi) there shall have occurred (i) an outbreak or escalation of hostilities or the declaration by the United States of a national emergency or war or (ii) any other calamity or crisis in the financial markets of the United State s or elsewhere or the escalation of such calamity or crisis; or
(vii) the commencement of any action, suit or proceeding described in Paragraphs 6(e) or 7(e) hereof; or
(viii) a general suspension of trading on the New York Stock Exchange or other major exchange shall be in force, or minimum or maximum prices for trading shall have been fixed and be in force, or maximum ranges for prices for securities shall have been required and be in force on any such exchange, whether by virtue of determination by that exchange or by order of the Securities and Exchange Commission or any other governmental authority having jurisdiction; or (ix) [any rating of the Insurer shall have been downgraded, suspended or withdrawn or placed on negative outlook or negative watch by a national rating service, which, in the Underwriter’s reasonable opinion, materially adversely affects the marketability or market price of the Bonds or the ability of the Underwriter to enforce contracts for the sale of the Bonds; or] (x) any event occurring or information becoming known which, in the reasonable judgment of the Underwriter, makes untrue or incorrect in any material respect any statement or information contained in the Preliminary Official Statement or in the Official Statement or has the effect that the Preliminary Official Statement or the Official Statement contains any untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; or
(xi) any rating of the Bonds or other obligations of the City shall have been downgraded, suspended or withdrawn or placed on negative outlook or negative watch by a national rating service, which, in the Underwriter’s reasonable opinion, materially adversely affects the marketability or market price of the Bonds or the ability of the Underwriter to enforce contracts for the sale of the Bonds; or
(xii) any proceeding shall be pending or threatened by the Securities and Exchange Commission against the Authority or the City; or (xiii) any fact or event shall exist or have existed that requires or has required an amendment of or supplement to the Official Statement in which the market price or marketability of the Bonds, or the ability of the Underwriter to enforce contracts for the sale of the Bonds, shall have been materially adversely affected in the reasonable judgment of the Underwriter; or (xiv) there shall have occurred any materially adverse change in the affairs or financial condition of the Authority or the City; or (xv) a material disruption in securities settlement, payment or clearance services affecting the Bonds shall have occurred; or
15 (xvi) the marketability of the Bonds or the market price thereof, in the opinion of the Underwriter, has been mate rially and adversely affected by disruptive events, occurrences or conditions in the securities or debt markets; or (xvii) a decision by a court of the United States shall be rendered, or a stop order, release, regulation or no-action letter by or on behalf of the SEC or any other governmental agency having jurisdiction of the subject matter shall have been issued or made, to the effect that the issuance, offering or sale of the Bonds, including the underlying obligations as contemplated by this Bond Purchase Agre ement or by the Official Statement, or any document relating to the issuance, offering or sale of the Bonds, is or would be in violation of any provision of the federal securities laws at the Closing Date, including the Securities Act, the Exchange Act and the Trust Indenture Act. (e) Closing Documents. At or prior to the Closing, the Underwriter shall receive with respect to the Bonds (unless the context otherwise indicates) the following documents:
(1) Bond Opinion. The approving opinions of Bond Counsel dated the date of Closing and substantially in the forms included as APPENDIX D to the Official Statement and a reliance letter(s) thereon dated the date of Closing addressed to the Underwriter and the Trustee. (2) Supplemental Opinion. A supplemental opinion of Bond Counsel dated the date of Closing, addressed to the Underwriter, to the effect that:
(A) the statements on the cover of the Official Statement and in the Official Statement under the captions “INTRODUCTION ,” “THE BONDS,” “ THE LEASED PROPERTY,” “SECURITY FOR THE BONDS,” and “TAX MATTERS,” and in “APPENDIX C – SUMMARY OF PRINCIPAL LEGAL DOCUMENTS” and “APPENDIX D – FORM OF OPINION OF BOND COUNSEL,” excluding any material that may be treated as included under such captions and appendices by any cross-reference, insofar as such statements expressly summarize provisions of the Bonds, the Lease, the Site Lease, the Indenture, and Bond Counsel’s final opinion concerning certain federal tax matters relating to the Bonds, are accurate in all mat erial respects as of the date of Closing; provided, that Bond Counsel need not express any opinion with respect to any financial or statistical data contained therein or with respect to DTC or the book-entry system in which the Bonds are initially delivered;
(B) The Lease, the Site Lease, the Assignment Agreement, the Continuing Disclosure Certificate and this Bond Purchase Agreement ha ve been duly authorized, executed and delivered by the City and the Authority, as applicable, and are valid, legal and binding agreements of the City and the Authority enforceable in accordance with their terms, except that the rights and obligations under the Lease, the Site Lease, the Assignment Agreement, the Continuing Disclosure Certificate and this Bond Purchase Agreement are subject to bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and other similar laws affecting creditors’ rights, to the application of equitable principles if equitable remedies are sought, to the exercis e of judicial discretion in appropriate cases and to limitations on legal remedies against public agencies in the State, and provided that no opinion is expressed with respect to any indemnification or contribution provisions contained therein.
(C) The Bonds a re exempt from registration under the Securities Act of 1933, as amended, and the Indenture is exempt from qualification as an indenture pursuant to the Trust Indenture Act of 1939, as amended.
16 (3) Negative Assurance Letter of Disclosure Counsel . A letter of Jones Hall, A Professional Law Corporation , Disclosure Counsel to the Authority and the City, dated the date of Closing and addressed to the Authority, the City, and the Underwriter to the effect that based upon their participation in the preparation of the Official Statement as Disclosure Counsel to the Authority and without having undertaken to determine independently the accuracy or completeness of the contents in the Official Statement, such counsel has no reason to believe that the Preliminary Official Statement (except for the completion of pricing information and any other matters or terms of the Bonds relating thereto) as of its date or as of the date of this Purchase Agreement or the Official Statement as of its date or as of the date of the Closing (except that no opinion need be expressed as to any financial, statistical, economic, engineering or demographic data or forecasts, numbers, charts, tables, graphs, maps, estimates, projections, assumptions or expressions of opinion, any information about feasibility, valuation, appraisals, assessed values, market absorption, real estate, ownership, environmental or archaeological matters, the appendices thereto, or any information about [the Insurer, the Policy,] book-entry, The Depository Trust Company, debt service requirements or tax exemption included or referred to therein, which may be expressly excluded from the scope of the opinions ), contains any untrue statement of a material fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading. (4) Municipal Advisor Certificate . A certificate of Fieldman, Rolapp & Associates, Inc. (“Fieldman”), dated the Closing Date and addressed to the Authority, the City and the Underwriter, to the effect that (i) Fieldman has reviewed the Preliminary Official Statement and the Official Statement and (ii) no information has come to its attention which would lead it to believe that the information contained in the Preliminary Official Statement, as of its date and as of the date of this Purchase Agreement and the Official Statement, as of its date and the Closing Date, is not true or correct in all material respects, or that the Preliminary Official Statement, as of its date and as of the date of this Purchase Agreement and the Official Statement, as of its date and the Closing Date contains any untrue statement of a material fact or omits to state a material fact where necessary to make a statement not misleading.
(5) Opinion of City Attorney. An opinion of the City Attorney, dated the date of the Closing and addressed to the Authority, the Trustee and the Underwriter, to the effect that:
(A) the City is a general law city duly organized and validly existing under the Constitution and laws of the State of California; (B) the resolution of the City approving and authorizing the execution and delivery of the City Documents and approving and authorizing the issuance of the Bonds and the delivery of the Official Statement and other actions of the City was duly adopted at a meeting of the governing body of the City which was called and held pursuant to law and with all public notice required by law and at which a quorum was present a nd acting throughout, and the resolution is now in full force and effect and has not been amended or superseded in any way; (C) the City Documents have been duly authorized, executed and delivered by the City, and (assuming due execution and delivery by parti es other than the City) are valid, legal and binding agreements of the City enforceable in accordance with their terms, except that the rights and obligations under the City Documents are subject to bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and other similar laws affecting creditors’ rights, to the application of equitable principles if equitable remedies are sought, to the exercise of judicial discretion in appropriate cases and to limitations on legal remedies against public agencies in the State; 17 (D) the authorization, execution and delivery of the Bonds, the Official Statement, and the City Documents by the City and compliance with the provisions thereof by the City of its obligations thereunder, will not conflict with, or constitute a breach or default under, in any material respect, any law, administrative regulation, court decree, resolution, ordinance or other agreement to which the City is subject or by which it is bound; and (E) there is no action, suit, proceeding, inquiry or investigation at law or in equity before or by any court or public body pending with respect to which the City has been served or, to such counsel’s knowledge, threatened against or affecting the City , except as may be disclosed in the Official Statemen t, which would materially adversely impact the City ’s ability to complete the transactions contemplated by the City Documents, the Official Statement or any other document or certificate related to such transactions, restrain or enjoin the collection of Lease Payments with respect to the Lease, or in any way contesting or affecting the validity of the Bonds, the Official Statement or the City Documents.
(6) Authority Counsel Opinion. An opinion of c ounsel to the Authority, dated the date of the Closing and addressed to the City , the Trustee and the Underwriter, to the effect that:
(A) the Authority is a joint exercise of powers authority organized and existing under the laws of the State of California; (B) the resolution of the Authority approving and authorizing the execution and delivery of the Authority Documents, the Bonds and the Official Statement and other actions of the Authority was duly adopted at a meeting of the governing body of the Authority which was called and held pursuant to law and with all public notice required by law and at which a quorum was present and acting throughout, and the resolution is now in full force and effect and has not been amended or superseded in any way;
(C) the Authority Documents have been duly authorized, executed and delivered by the Authority, and (assuming due execution and delivery by parties other than the Authority) are valid, legal and binding agreements of the Authority enforceable in accordance with their terms, except that the rights and obligations under the Authority Doc uments are subject to bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and other similar laws affecting creditors’ rights, to the application of equitable principles if equitable remedies are sought, to the exercise of judicial dis cretion in appropriate cases and to limitations on legal remedies against public agencies in the State;
(D) there is no action, suit, proceeding, inquiry or investigation at law or in equity before or by any court or public body pending with respect to which the Authority has been served or, to the such counsel’s knowledge, threatened against or affecting the Authority, except as may be disclosed in the Official Statement, which would materially adversely impact the Authority’s ability to complete the transactions contemplated by the Authority Documents, the Official Statement or any other document or certificate related to such transactions, restrain or enjoin the collection of Lease Payments with respect to the Lease, or in any way contesting or affecting the validity of the Bonds, the Official Statement, the Authority Documents or the transactions described in and contemplated thereby wherein an unfavorable decision, ruling or finding would materially adversely affect the validity and enforceability of the Bonds or the Authority Documents or in which a final adverse decision could materially adversely affect the operations of the Authority; and 18 (E) the execution and delivery of the Authority Documents and the issuance of the Bonds and compliance with the provisions thereof, do not and will not in any material respect conflict with or constitute on the part of the Aut hority a breach of or default under any agreement or other instrument to which the Authority is a party or by which it is bound or any existing law, regulation, court order or consent decree to which the Authority is subject, which breach or default has or may have a material adverse effect on the ability of the Authority to perform its obligations under the Authority Documents.
(7) Underwriter’s Counsel Opinion. An opinion of Underwriter’s Counsel, dated the date of the Closing addressed to the Underwriter, in such form as may be acceptable to the Underwriter.
(8) City Certificate. A certificate, dated the date of Closing, signed by a duly authorized official of the City satisfactory in form and substance to the Underwriter to the effect that: (a) the representations, warranties and covenants of the City contained in this Bond Purchase Agreement are true and correct in all material respects on and as of the date of the Closing as if made on the date of the Closing; (b) the City has complied with all agreements, covenants and conditions to be complied with by the City at or prior to the Closing under the City Documents; (c) to the best of such official’s knowledge, no event affecting the City has occurred since the date of the Official Statement which either make s untrue or incorrect in any material respect as of the Closing the statements or information contained in the Official Statement or is not reflected in the Official Statement but should be reflected therein in order to make the statements and information therein, in the light of the circumstances under which they were made, not misleading in any material respect. (9) Authority Certificate. A certificate of the Authority, dated the date of the Closing, signed on behalf of the Authority by the Chair or other du ly authorized officer of the Authority to the effect that (a) the representations, warranties and covenants of the Authority contained herein and in the Authority Documents are true and correct in all material respects on and as of the date of the Closing as if made on the date of the Closing; (b) the Authority has complied with all agreements, covenants and conditions to be complied with by the Authority at or prior to the Closing under the Authority Documents and (c) to the best of such official’s knowledge, no event affecting the Authority has occurred since the date of the Official Statement which has not been disclosed therein or in any supplement or amendment thereto which event should be disclosed in the Official Statement in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.
(10) Trustee’s Certificate. A certificate of the Trustee , dated the Closing Date, in form and substance acceptable to the Authority, Bond Counsel, the Underwriter and Underwriter’s Counsel.
(11) Trustee Incumbency Certificate. A certified copy of a certificate of an officer of the Trustee certifying as to the incumbency, signature and signing authority of the officers who have executed and delivered the Indenture and agreed to accept the duties of Trustee under the Indenture.
(12) Trustee Counsel’s Opinion. An opinion, dated the date of the Closing addressed to the Authority, the City and the Underwriter, of the Trustee’s Counsel, in form and content satisfactory to the Authority, Bond Counsel, the Underwriter and Underwriter’s Counsel. 19 (13) Title Policy. A copy of a CLTA or ALTA title insurance pol icy in an amount equal to the principal amount of the Bonds, insuring the City’s leasehold interest in the Leased Property, subject only to Permitted Encumbrances (as defined in the Lease) or such other acceptable encumbrances.
(14) Transcripts. Two CD transcripts of the proceedings prepared by Bond Counsel relating to the authorization and issuance of the Bonds will be delivered in due course after the Closing.
(15) Official Statement. The Official Statement and each supplement or amendment, if any, thereto, executed on behalf of the Authority by a duly authorized officer of each. (16) Documents. An original executed or certified copy of each of the Authority Documents, the City Documents and the Joint Exercise of Powers Agreement (the “ JPA Agreement”), dated ______, between the City and the Industrial Development Authority of the City of Lodi and any amendments thereto.
(17) City Resolution. Certified copy by the City Clerk, of each resolution of the City relating to the City Documents, the actions contemplated thereby, provided that such resolutions may be contained in the transcripts.
(18) Authority Resolution. Certified copy by the Secretary or Assistant Secretary of the Authority, of each resolution of the Authority relating t o the Authority Documents, the Bonds and the transactions contemplated thereby, provided that such resolutions may be contained in the transcripts.
(19) IRS Form 8038-G . Evidence that the federal tax information form 8038 G has been prepared for filing.
(20) Tax Certificate . A Tax Certificate in a form satisfactory to Bond Counsel.
(21) Rating. Evidence as of the Closing satisfactory to the Underwriter that the Bonds have received the rating set forth in the Official Statement and that such rating has not been reduced or withdrawn.
(22) CDIAC Statement. A copy of the Notice of Final Sale required to be delivered to the California Debt and Investment Advisory Commission pursuant to section 53583 of the Government Code and section 8855(g) of the Government Code. (23) [Policy. The Policy, duly executed by the Insurer. (24) Insurer Counsel Opinion. An opinion of counsel to the Insurer, dated the Closing Date, addressed to the Authority, the City and the Underwriter, in form and substance satisfactory to the Underwriter and Bond Counsel.
(25) Insurer Certificate. A certificate or certificates of the Insurer, dated the Closing Date, as to the accuracy of the information relating to the Insurer and the Policy included in the Official Statement and such other matters reasonably requested by the Underwriter and Bond Counsel.]
20 (26) Additional Documents. Such additional certificates, instruments and other documents as the Underwriter and Bond Counsel may reasonably deem necessary.

Lodi City CouncilMarch 2, 2022

Lodi City Council
March 2, 2022