Agenda packet — Los Banos City Council, May 4, 2022

LOsBanos
At the Crossroads of California
www.losbanos.org
AGENDA

CITY COUNCIL MEETING

CITY HALL COUNCIL CHAMBERS
520 J Street
Los Banos, California
MAY 4, 2022-6:00 PM
.,.............................................................. ················································· •··········· .............................. , ............ ···················--·························································· ······ I
If you require special assistance to attend or participate in this meeting, please call the City Clerk's Office@ (209) 827-7000 at least 48 hours prior to the meeting.

The City of Los Banos complies with the Americans with Disabilities Act (ADA) of 1990. * * * * * * * ** * * * * * * * :
equiere asistencia especial para atender o participar en esta junta por favor /lame a la oficina de la Secretaria de la ciudad al (209) 827-7000 a lo menos de 48 horas previas de la junta.

La Cuidad de Los Banos cumple con la Acta de Americanos con Deshabilidad (ADA) de 1990. · .................................................................................................................................................................................................. ., .................................. ·---····· .. ······· .. ············· ,········--················································---···· ·····························································································-·······--····················································· ·······, Any writings or documents provided to a majority of the City Council regarding any item on this agenda will be made available for public inspection at the meeting and in the City Clerk's office located at City Hall, 520 J Street, Los Banos, California during normal business hours. In addition, such writings and documents may be posted on the City's website at www.losbanos.org.
* * * * * * * ** * * * * * * *
Cualquier escritura o Jos documentos proporcionaron a una mayorfa de/ Ayuntamiento respecto a cualquier artfcu/o en este orden def dia sera hecho disponible para la inspecci6n pub/ica en la reunion y en la oficina de la Secretaria de la ciudad en City Hall, 520 J Street, Los Banos,
California durante horas de oficina norma/es. Ademas, tales escrituras y los documentos pueden ser anunciados en el website de la ciudad en www.losbanos.org . ....... •············································································-----·················· ·························· ············--.. ·····························--······················· .. ········•····················· .. ··········

1. CALL TO ORDER - May 4, 2022 6:00 PM

2. PLEDGE OF ALLEGIANCE.

3. ROLL CALL: (City Council Members)
Jones , Lambert , Lewis , Llamas , Faria -- -- -- -- --

4. CONSIDERATION OF APPROVAL OF AGENDA.

5. PUBLIC FORUM. (Members of the public may address the City Council Members on any item of public interest that is within the jurisdiction of the City Council; Los Banos City Council Agenda - May 4, 2022 Page 1 of3
1 includes agenda and non-agenda items. No action will be taken on non-agenda items. Speakers are limited to a five (5) minute presentation. Detailed guidelines are posted on the Council Chamber informational table.)

6. CONSIDERATION OF APPROVAL OF CONSENT AGENDA. (Items on the Consent Agenda are considered to be routine and will be voted on in one motion unless removed from the Consent Agenda by a City Council Member.) A. Check Register for #232121 -#232476 in the Amount of $1,641,619.82.

Recommendation: Approve the check register as submitted.

B. Third Quarter Investment Report for the 2021/2022 Fiscal Year Recommendation: Accept the report as submitted.

C. Minutes for the April 20, 2022 City Council Meeting.

Recommendation: Approve the minutes as submitted.

7. ADVISEMENT OF PUBLIC NOTICES. {Two Reports)
Recommendation: Informational item only, no action to be taken.

8. CITY MANAGER REPORT.

Recommendation: Informational item only, no action to be taken.

9. REPORT/UPDATE ON MERCED COUNTY ASSOCIATION OF GOVERNMENTS (MCAG), PENINSULA CLEAN ENERGY (PCE), AND MEASURE V COMMITTEE.

Recommendation: Informational item only, no action to be taken.

10. CITY COUNCIL MEMBER REPORTS.

A. Brett Jones
B. Kenneth Lambert
C. Deborah Lewis
D. Refugio Llamas
E. Mayor Tom Faria
11 . CLOSED SESSION - Conference with Real Property Negotiations, Pursuant to Government Code Section 54956.8; Property Located at 610 Pacheco Boulevard, Los Banos, California, Approximately 0.296 acres (APN 026-121-006); City Negotiators: City Manager Pinheiro, City Attorney Los Banos City Council Agenda - May 4, 2022 Page 2of 3
2 Vaughn, Community & Economic Development Director Elms; Negotiating Parties: Sybil A. Balatti Trustee; Under Negotiation: Purchase Price and Terms of Sale.

12. ADJOURNMENT.

I hereby certify under
~
penalty of perjury under the laws of the State of California that the foregoing ~ulletin board not less than 72 hours prior to the mee!ing.

Sara Blevins, Deputy City Clerk Dated this 28th day of April 2022 Los Banos City Council Agenda - May 4, 2022 Page 3 of3
3 THIS PAGE IS INTENTIONALLY LEFT BLANK
4 CK # 232121 - # 232476
Bank Reconciliation
Checks by Date
User: jcanchola
Printed: 04/27/2022 - 9:10AM
Cleared and Not Cleared Checks
Print Void Checks
Check No Check Date Name
232121 4/15/2022 Luis Beltran
232122 4/15/2022 Vincenzo Greco
232123 4/15/2022 Richard Mancera
232124 4/15/2022 Josiah Mardirosian
232125 4/15/2022 Ramon McDonald
232126 4/15/2022 Stephen O'Day
232127 4/15/2022 Adriana Robledo
232128 4/15/2022 Margaret Sliger
232129 4/15/2022 Robert Wiens
232130 4/15/2022 Animal Damage Management, Inc.
232131 4/15/2022 Anthony Gomes
232132 4/15/2022 Apex Annex Health Center, Inc.
232133 4/15/2022 Aramark Unifonn Ser Inc
05/04/2022 $1,641,619.82
LOsBanos
A.t t1re Crossroads ofCal'!fon1fo
Module Void Amount
AP 120.00
AP 36.00
AP 36.00
AP 36.00
AP 36.00
AP 36.00
AP 222.00
AP 31.67
AP 36.00
AP 4,325.00
AP 3,498.91
AP 897.00
AP 1,200.66
232134 4/15/2022 AramarkUniform & Career Apparel Group, Inc. AP 141.76 232135 4/15/2022 AT&T AP 761.01
232136 4/15/2022 AT&T AP 68.84
232137 4/15/2022 Dorothy June Baker AP 8.16
232138 4/15/2022 Bear Cat Mfg Inc AP 694.86
232139 4/15/2022 BJ's Consumers Choice AP 201.00
232140 4/15/2022 Borelli Real Estate Service, Inc. AP 90.00 232141 4/15/2022 Brinks Inc. AP 1,022.70
232142 4/15/2022 Bruce's Tire Inc AP 3,887.85
232143 4/15/2022 BSK Associates AP 1,050.00
232144 4/15/2022 Central Valley Cardiovascular Group Inc. AP 600.00 232145 4/15/2022 CEP America California AP 754.00
232146 4/15/2022 Cintas Corporation No.2 AP 259.63
232147 4/15/2022 CCID AP 28,251.94
232148 4/15/2022 Manuel A Avila AP 413.80
232149 4/15/2022 Central Sanitary Supply AP 620.11
232150 4/15/2022 Clark Pest Control Inc AP 205.00
232151 4/15/2022 Comcast AP 10.58
232152 4/15/2022 Cook's Communications Corp. AP 259.26
232153 4/15/2022 Copy Shipping Solutions AP 1,392.00
232154 4/15/2022 Covanta Holding Corporation AP 318.90
232155 4/15/2022 CSG Consultants Inc. AP 141,214.52
232156 4/15/2022 LN Curtis & Sons AP 6,047.33
232157 4/15/2022 City of Los Banos Utility AP 12,617.30 232158 4/15/2022 Dept. of Industrial Relations AP 225.00 232159 4/15/2022 Display Sales AP 1,629.58
232160 4/15/2022 Employee Relations, Inc. AP 50.00
232161 4/15/2022 Fastenal Company AP 778.18
232162 4/15/2022 First in Safety AP 4,658.93
232163 4/15/2022 Fresno City College AP 146.00
232164 4/15/2022 Fun Express LLC AP 665.94
5 232165 4/15/2022 Gouveia Engineering Inc. AP 37,561.55 232166 4/15/2022 Granite Rock Company AP 10,100.00
232167 4/15/2022 Great Valley Supply AP 253.86
232168 4/15/2022 Halcyon Creek Inc. AP 25,150.96
232169 4/15/2022 Henley Pacific, LLC AP 274.66
232170 4/15/2022 Holt of California AP 3,946.31
232171 4/15/2022 InfoSend Inc. AP 13,702.50
232172 4/15/2022 JenyWitt AP 2,389.00
232173 4/15/2022 Jorgensen & Sons Inc. AP 402.45
232174 4/15/2022 Joseph P Silva AP 318.23
232175 4/15/2022 Kings View Corporation AP 400.00
232176 4/15/2022 Language Line Services AP 0.94
232177 4/15/2022 Lehigh Hanson Heidelberg Cement Group AP 568.83 232178 4/15/2022 Lucas Business Systems AP 1,273.73
232179 4/15/2022 Karla Ramirez Love AP 500.00
232180 4/15/2022 Marfab Inc AP 29.75
232181 4/15/2022 McNamara Sports Inc AP 7,970.23
232182 4/15/2022 Merced Chevrolet Inc. AP 129.38
232183 4/15/2022 Merced County Auditor Controller AP 2,357.50 232184 4/15/2022 Merced County Regional Waste Management Authority AP 7,914.83 232185 4/15/2022 Monument Row, Inc. AP 3,207.09
232186 4/15/2022 Letty Marines AP 600.00
232187 4/15/2022 The Office City AP 103.99
232188 4/15/2022 OSE AP 3,111.84
232189 4/15/2022 On Target Marketing AP 458.86
232190 4/15/2022 O'Reilly Auto Parts AP 1,401.79
232191 4/15/2022 Maria Ortiz AP 600.00
232192 4/15/2022 PG&E Company AP 8,224.48
232193 4/15/2022 PG&E Company AP 123,325.67
232194 4/15/2022 PG&E Company AP 10.18
232195 4/15/2022 PG&E Company AP 29.27
232196 4/15/2022 Pace Supply Corp. AP 630.79
232197 4/15/2022 PSG Fencing Corp. AP 800.00
232198 4/15/2022 Provost and Pritchard Engineering, Inc. AP 4;189.69 232199 4/15/2022 Protech Security & Electronics, Inc. AP 165.90 232200 4/15/2022 Jeremy Rahn AP 107.50
232201 4/15/2022 Ronny's Inc. AP 41,341.51
232202 4/15/2022 Ronny's Inc. AP 23,578.52
232203 4/15/2022 Ronny's Inc. AP 44,382.16
232204 4/15/2022 Ronny's Inc. AP 29,964.45
232205 4/15/2022 Ronny's Inc. AP 1,790.14
232206 4/15/2022 Ronny's Inc. AP 44,382.16
232207 4/15/2022 Ronny's Inc. AP 52,185.42
232208 4/15/2022 SNAPCD AP 577.00
232209 4/15/2022 Safe T Lite of Modesto, Inc. AP 14,486.15 232210 4/15/2022 Save Mart Supermarkets AP 106.41
232211 4/15/2022 Michael Bartholomew AP 311.44
232212 4/15/2022 Sherwin Williams Co AP 885.46
232213 4/15/2022 SIJ Holdings, Inc AP 1,678.56
232214 4/15/2022 Frank Silveria AP 2,491.00
232215 4/15/2022 Soares Lumber & Fence Inc AP 210.98
232216 4/15/2022 Springbrook Software, Inc. Springbrook Holding Company LLC AP 2,416.00 232217 4/15/2022 Sorensens True Value AP 297.14
232218 4/15/2022 Sorensens True Value AP 9.33
6 232219 4/15/2022 Superior Pool Products, LLC AP 10,066.62 232220 4/15/2022 Swinerton Builders AP 224,283.50
232221 4/15/2022 SWRCB Accounting Office AP 1,738.00
232222 4/15/2022 T & T Pavement Markings and Products, Inc. AP 3,445.20 232223 4/15/2022 Thirkettle Corporation AP 6,020.88
232224 4/15/2022 Triangle Rock Products AP 316.01
232225 4/15/2022 Ramon Talamante AP 600.00
232226 4/15/2022 Underground Service Alert of AP 357.04 232227 4/15/2022 D.R Horton AP 148
.98
232228 4/15/2022 Ana Fischer AP 101.74
232229 4/15/2022 D.R. Horton AP 148.98
232230 4/15/2022 Jose Jorge Alonso Penaloza AP 90.48
232231 4/15/2022 Diana Rosales AP 79.55
232232 4/15/2022 Y anping Chen AP 187.33
232233 4/15/2022 Juan Arguelles Hernandez AP 98.57
232234 4/15/2022 Court of Fountains, LLC AP 166.75
232235 4/15/2022 Alexandria Young AP 42.52
232236 4/15/2022 Pacific Credit Services AP 98.04
232237 4/15/2022 Pacific Credit Services AP 89
.61
232238 4/15/2022 Pacific Credit Services AP 190.30
232239 4/15/2022 Advance American Cash Advance AP 44.57 232240 4/15/2022 Abonolnc. AP 113.98
232241 4/15/2022 Annendina Aguilar AP 31.67
232242 4/15/2022 Mervin and Beverly Bernard AP 31.67
232243 4/15/2022 Paul & Kimberly Burke AP 31.67
232244 4/15/2022 Paul Cervantes AP 70.26
232245 4/15/2022 Paul & Christine Davis AP 31.67
232246 4/15/2022 Marie Duffy AP 31.67
232247 4/15/2022 William and Cathy Edwards AP 31.67
232248 4/15/2022 Robert & Carol Ferreri AP 31.67
232249 4/15/2022 William G Fritz AP 31
.67
232250 4/15/2022 Consuelo Fuentes AP 31.67
232251 4/15/2022 Mary Ramirez AP 57.32
232252 4/15/2022 Hector Garibay AP 12
.67
232253 4/15/2022 William Geist Jr AP 31.67
232254 4/15/2022 Daniel Goshay AP 51.91
232255 4/15/2022 Miguel and Martina Guzman AP 92.26
232256 4/15/2022 Omar Guzman AP 31.67
232257 4/15/2022 Kevin Harden AP 31
.67
232258 4/15/2022 Daniel & Catherine Hardy AP 31.67
232259 4/15/2022 Heppner Machine Shop AP 98
.00
232260 4/15/2022 Darin & Tracey Heredia AP 31.67
232261 4/15/2022 Pat May Limpiado AP 31.67
232262 4/15/2022· Los Banos Donuts AP 158.12
232263 4/15/2022 Hortencia Madera AP 31.67
232264 4/15/2022 Patrick and Cheryl Major AP 31
.67
232265 4/15/2022 Fernando & Laura Marquez AP 18.26
232266 4/15/2022 Joe & Oceria Martinez AP 31.67
232267 4/15/2022 Mark and Flora Moreno AP 31.67
232268 4/15/2022 Martha Mylander AP 31.67
232269 4/15/2022 Miguel Pena AP 83.86
232270 4/15/2022 Jose & Annette Quiroz AP 31.67
232271 4/15/2022 Guadalupe Reyes AP 31.67
232272 4/15/2022 Olga Reyes AP 24.35
7 232273 4/15/2022 Ruben & Dora Carmen Rivera AP 31.67
232274 4/15/2022 Cheryl Rodriguez AP 31.67
232275 4/15/2022 Cristina Gomez AP 31.67
232276 4/15/2022 Arthur Ryals AP 31.67
232277 4/15/2022 Severiano Vidals De Jesus AP 31.67
232278 4/15/2022 Javier & Bertha Silva AP 51.63
232279 4/15/2022 Village Sports AP 98.00
232280 4/15/2022 Margaret Sliger AP 180.68
232281 4/15/2022 Kevin And Denise Tweed AP 804.35
232282 4/15/2022 Monica Estrada AP 52.01
232283 4/15/2022 Roger & Robyn Matos AP 31.67
232284 4/15/2022 Westhill Real Estate, Tony AP 31.67
232285 4/15/2022 Emmanuel & Sarina Sanchez AP 31.67
232286 4/15/2022 Gabriel & Ruth Alvarez AP 31
.67
232287 4/15/2022 Frank & Joyce Tosta AP 31.67
232288 4/15/2022 Kulwinder Kaur AP 31.67
232289 4/15/2022 Walter Hadfield, Ill AP 31.67
232290 4/15/2022 Anselmo & Maria Correia AP 51.63
232291 4/15/2022 Enrique Barragan AP 31.67
232292 4/15/2022 Helena Dinis-Miguel AP 111.26
232293 4/15/2022 Claudia Valenzuela AP 31.67
232294 4/15/2022 Martha Archuleta AP 31.67
232295 4/15/2022 Barney & Liwayway Balay AP 31.67
232296 4/15/2022 Ivonne Medina AP 31.67
232297 4/15/2022 Terri Sargent AP 31.67
232298 4/15/2022 Catherine Cummings AP 51.91
232299 4/15/2022 Ahmad Saadieh AP 31.67
232300 4/15/2022 Francisco Ponce AP 31.67
232301 4/15/2022 Lani Carrillo AP 47.24
232302 4/15/2022 Dorothy Brown AP 31.67
232303 4/15/2022 Aminollah and Seyedeh Delavari Amrei AP 31.67 232304 4/15/2022 Maria Martinez Jackson AP 121.21
232305 4/15/2022 Ward Road Apartments II, L.P. AP 2,748.55 232306 4/15/2022 David Karl AP 31.67
232307 4/15/2022 Irineo Aguirre AP 31.67
232308 4/15/2022 Ann Umphenour AP 31.67
232309 4/15/2022 Borelli Real Estate Services AP 19.53
232310 4/15/2022 Brian Clark AP 31.67
232311 4/15/2022 Paradise Realty- Maria Sanchez AP 4.66 232312 4/15/2022 Blossom Valley Realty AP 66.87
232313 4/15/2022 Anna Carlson AP 81.21
232314 4/15/2022 UC Construction AP 181.61
232315 4/15/2022 Oscar & Lourdes Garcia Ochoa AP 117.58 232316 4/15/2022 Fernando Gonzales AP 104.91
232317 4/15/2022 Adan Maturino AP 9.82
232318 4/15/2022 MHP Builders Inc AP 164.75
232319 4/15/2022 Sean Bielejec AP 104.91
232320 4/15/2022 RBG Construction AP 170.11
232321 4/15/2022 Steven Thome AP 70.04
232322 4/15/2022 D.R. Horton AP 173.00
232323 4/15/2022 Brian Rocha AP 165.13
232324 4/15/2022 D.R. Horton AP 196.61
232325 4/15/2022 D.R. Horton AP 181.61
232326 4/15/2022 D.R. Horton AP 196.61
8 232327 4/15/2022 Rita Erickson AP 49.30
232328 4/15/2022 D.R. Horton AP 195.84
232329 4/15/2022 MHP Builders Inc AP 169.35
232330 4/15/2022 Sylvia Morrison AP 168.22
232331 4/15/2022 Angel Sevilla AP 57.35
232332 4/15/2022 D.R. Horton AP 196.61
232333 4/15/2022 D.R. Horton AP 187.71
232334 4/15/2022 Frank Hernandez AP 76.37
232335 4/15/2022 D.R. Horton AP 204.60
232336 4/15/2022 Lisa Gallichio AP 20.53
232337 4/15/2022 Charles Rodgers AP 25.56
232338 4/15/2022 Charles Rodgers AP 19.02
232339 4/15/2022 Blossom Valley Realty AP 4.33
232340 4/15/2022 Sabina Aragon AP 202.05
232341 4/15/2022 John Pereira AP 58.12
232342 4/15/2022 Walker Wynkoop AP 291.17
232343 4/15/2022 Joe Gutierrez AP 51.02
232344 4/15/2022 Saly Lu AP 98.57
232345 4/15/2022 Rosemary Slaton AP 85.89
232346 4/15/2022 Salvador Colin AP 61.50
232347 4/15/2022 Roberto Ruiz AP 35.18
232348 4/15/2022 UC Construction AP 172.41
232349 4/15/2022 MHP Builders Inc AP 160.15
232350 4/15/2022 Muhammad Aridin AP 82.72
232351 4/15/2022 EWP Investment Trust AP 85.88
232352 4/15/2022 Mathew Aloor AP 82.72
232353 4/15/2022 Johnny Duran Jr. AP 27.10
232354 4/15/2022 Norma Vargas AP 79.55
232355 4/15/2022 VCA Animal Hospitals, Inc. AP 44.80
232356 4/15/2022 Carmela Viloria AP 600.00
232357 4/15/2022 Western Fire Chiefs Association, Inc. AP 280.00 232358 4/15/2022 Westside Veterinary Service, Inc. AP 172.26 232359 4/15/2022 Westside Water Conditioning AP 188.47
232360 4/15/2022 Windecker Inc AP 39,095.69
232367 4/19/2022 Aflac-Customer Service AP 366.86
232368 4/19/2022 AFSCME District Council 57 AP 1,333.49 232369 4/19/2022 Ca Dept of Justice AP 1,627.00
232370 4/19/2022 CSNRMA AP 204.18
232371 4/19/2022 CSNRMA AP 137.32
232372 4/19/2022 City of Los Banos Escrow Account AP 1,293.34 232373 4/19/2022 City of Los Banos ** AP 2,860.00
232374 4/19/2022 Los Banos Fitness & AP 429.00
232375 4/19/2022 Los Banos Police Assn AP 1,120.00
232376 4/19/2022 Los Banos Police Assn AP 245.00
232377 4/19/2022 MassMutual AP 1,216.34
232378 4/19/2022 MassMutual AP 3,705.00
232379 4/19/2022 Nationwide Retirement Solutions AP 4,790.00 232380 4/19/2022 Professional Fire Fighter AP 975.00
232381 4/19/2022 State Disbursement Unit AP 1,519.50
232382 4/19/2022 Vantagepont Transfer Agents
- 306797 AP J,01.L90
232383 4/19/2022 Vantagepoint Transfer Agents
- 801838 AP 7,125.00
232384 4/21/2022 Total Security Solutions Inc AP 8,705.50 232385 4/22/2022 Oscar Covarrubias AP 1,000.00
232386 4/22/2022 Manuel Thomas Faria Ill AP 141.00
9 232387 4/22/2022 Los Banos PAL AP 2,000.00
232388 4/22/2022 Merced County Clerk AP 50.00
232389 4/22/2022 Jose Moran AP 35.00
232390 4/22/2022 Riggs Ambulance Service AP 650.00
232391 4/22/2022 Riggs Ambulance Service AP 20.00
232392 4/22/2022 Riggs Ambulance Service AP 5.00
232393 4/22/2022 StorQuest AP 3,432.00
232394 4/22/2022 US Bank Corp Pymt System AP 27,306.00
232395 4/22/2022 Law Offices of William A Vaughn AP 24,246 .00
232396 4/22/2022 Westamerica Bank
- Cafeteria Plan AP 69,735.73
232397 4/22/2022 Alhambra AP 193.25
232398 4/22/2022 Apex Annex Health Center, Inc. AP 470.00 232399 4/22/2022 Aramru:k Uniform Ser Inc AP 237
.10
232400 4/22/2022 AT&T Mobility AP 174.18
232401 4/22/2022 AT&T AP Void 1,548.04
232402 4/22/2022 AT&T AP 90.95
232403 4/22/2022 Barton Overhead Door Inc AP 293.94
232404 4/22/2022 BJ's Consumers Choice AP 156.00
232405 4/22/2022 Bob Barker Company Inc. AP 1,049.84
232406 4/22/2022 Bruce's Tire Inc AP 1,809.13
232407 4/22/2022 Caliber Bodyworks, Inc. AP 2,546.35
232408 4/22/2022 California Building Standards Commission AP 1,382.40 232409 4/22/2022 CDTF A California Dept. of Tax & Fee AP 1,059.00 232410 4/22/2022 City of Modesto AP 250.00
232411 4/22/2022 City Signs AP 737.08
232412 4/22/2022 Central Valley Concrete Inc. AP 1,256.37 232413 4/22/2022 Clark Pest Control Inc AP 95.00
232414 4/22/2022 Comcast AP 118.16
232415 4/22/2022 Cook's Communications Corp. AP 615.52
232416 4/22/2022 CSG Consultants Inc. AP 8,452.00
232417 4/22/2022 Dept of Conservation AP 4,150.36
232418 4/22/2022 Dept of Housing & Community Development State NSP AP 13,930.00 232419 4/22/2022 Double D Towing, LLC AP 260.00
232420 4/22/2022 Electric Drives Inc AP 5,212.40
232421 4/22/2022 The ABY MFG Group. Inc. AP 672.12
232422 4/22/2022 Federal Express Corporation AP 70.89
232423 4/22/2022 Four Paws Pet Hotel AP 100.00
232424 4/22/2022 GoTo Communications, Inc. AP 3,026.52
232425 4/22/2022 Henley Pacific, LLC AP 328.71
232426 4/22/2022 Phil Jacob AP 800.00
232427 4/22/2022 Maria Jimenez AP 350.00
232428 4/22/2022 Laboratory Corporation of America Holdings AP 414 .00
232429 4/22/2022 Lincoln Equipment Inc AP 202.15
232430 4/22/2022 Lucas Business Systems AP 249.46
232431 4/22/2022 Los Banos Congregation AP 500.00
232432 4/22/2022 Marie Thomas & company. Inc. AP 15,687.55 232433 4/22/2022 Matson Alarm Co Inc AP 189.00
232434 4/22/2022 McNamara Sports Inc AP 2,275.49
232435 4/22/2022 Merced Chevrolet Inc. AP 149.91
232436 4/22/2022 Merced Truck & Trailer Inc AP 278.31
232437 4/22/2022 Mid-Valley Disposal LLC AP 248,865.50
232438 4/22/2022 Memorial Hospital Los Banos AP 500.00
232439 4/22/2022 Gabriela Mendoza AP 600.00
232440 4/22/2022 Nichols-Melburg & Rossetto, AIA & Associates, Inc. AP 2,975.00 10 232441 4/22/2022 OSE AP 581.00
232442 4/22/2022 Pinnacle Medical Group, Inc. AP 288.00 232443 4/22/2022 Precision Civil Engineering, Inc AP 131.25 232444 4/22/2022 Razzari Ford AP 900.60
232445 4/22/2022 Reliable Tennite Solutions, Inc. AP 190.00 232446 4/22/2022 Save Mart Supermarkets AP 120.14
232447 4/22/2022 Sorensens True Value AP 254
.99
232448 4/22/2022 Sorensens True Value AP 23.16
232449 4/22/2022 Sprint Solutions, Inc. AP 562.25
232450 4/22/2022 SWRCB Accounting Office AP 548.00
232451 4/22/2022 Tractor Supply Credit Plan AP 624.62
232452 4/22/2022 Triangle Rock Products AP 88,758.93
232453 4/22/2022 Tyler Technologies, Inc. AP 9,355.00
232454 4/22/2022 Rudolfo Cardenas AP 100.00
232455 4/22/2022 Juan Santos AP 70.00
232456 4/22/2022 Samuel Saldana AP 200.00
232457 4/22/2022 Linda Costa AP 99
.91
232458 4/22/2022 Blanca Cuevas AP 100.00
232459 4/22/2022 Maribel Almejo-Palomera AP 100.00
232460 4/22/2022 Mi Young Sim AP 200.00
232461 4/22/2022 Corina Anaya Curiel AP 200.00
232462 4/22/2022 Javier Nichols AP 200.00
232463 4/22/2022 Rocio Alonso AP 200.00
232464 4/22/2022 Samuel Vizzusi AP 200.00
232465 4/22/2022 Los Amigos Market AP 567.35
232466 4/22/2022 UC Construction AP 166.28
232467 4/22/2022 UC Construction AP 166.28
232468 4/22/2022 Meritage Homes AP 230.33
232469 4/22/2022 Branka Sattlemayer AP 117.58
232470 4/22/2022 Silva Family Trust AP 130.27
232471 4/22/2022 Porfirio Rodriguez AP 63.71
232472 4/22/2022 Aldina Real Estate, Inc. AP 57.35
232473 4/22/2022 Jerri Terry Realty AP 77.32
232474 4/22/2022 Verizon Wireless AP 608.16
232475 4/22/2022 West Publishing Corporation AP 404.20
232476 4/22/2022 Young's Air Conditioning AP 282
.00
Break in check sequence due to the following: Total Void Check Count:

Check# 232361 (Manual Void) Total Void Check Amount: 1,548.04 Check# 232362 - # 232366 (Payroll) Total Valid Check Count: 349 Total Valid Check Amount: 1,640,071.78
Total Check Count: 350
Total Check Amount: 1,641,619.82
11 THIS PAGE IS INTENTIONALLY LEFT BLANK
12 LOsBanos
At the , I.· of califontia
Agenda Staff Report
TO: Mayor & City Council Members
Kim Tomas, City Treasurer/Accounting & Budget Supervisor@ May 4, 2022
FROM:

DATE:

TYPE OF REPORT: Consent Agenda
SUBJECT: Third Quarter Investment Report for 2021/2022
Recommendation:

To accept the quarterly investment report as submitted.

Background:

The City of Los Banos follows its investment policy to assure that it invests all surplus inactive monies in a manner which ensures a maximum return consistent with safety on such investments while maintaining the integrity of such surplus and inactive funds. A quarterly investment report provides proof that City funds are invested in such a manner. It includes all investments except funds held by the City's trustees. Funds held by trustees include bond reserve funds, deferred compensation plans, and other post retirement benefit funds.

Fiscal Impact:

Informational o
Revie
Attac ments:

City of Los Banos Third Quarter 2021/2022 Investment Report 13 THIS PAGE IS INTENTIONALLY LEFT BLANK
14 LOsBanos
At the Crossroads of California
In accordance with Government Code Section 53646 and the City of Los Banos Investment Policy, the following shall constitute the quarterly report of investments on behalf of the City of Los Banos:

Investment Balances
As of March 31, 2022
Amount Annual
Type of Investment Issuer Maturity Invested Percentage
Yield
LAIF (Local Agency State of Daily $66,379,528 0.42%
Investment Fund) California effective yield
Bonds, Treasury Money
Market Funds and CD's Wells Fargo Staggered $12,941,256 2.35% - 2.45% ( Certificate of Deposits) Securities 5 years Investment Balance: $79,320,784

1. As of the date of this report, the majority of the City of Los Banos funds are invested in the State of California Local Agency Investment Fund {LAIF), in accordance with section 16429.1 of the Governmental Code.

2. As of the date of this report, the remainder of the City of Los Banos' funds are deposited in Corporate Bonds, and various FDIC insured Certificates of Deposits held with Wells Fargo Securities, LLC.

Therefore, as provided by Governmental Code Section 53646 (e) attached are the most recent statement(s) received by the City of Los Banos.

3. The portfolio of the City of Los Banos is in compliance with the City of Los Banos' Investment Policy.

4. The investment balances are reconciled monthly to the General Ledger by the Finance Department.

5. It is expected that the City will be able to meet its projected expenditure requirements for the next six months.
15 THIS PAGE IS INTENTIONALLY LEFT BLANK
16 4/2f,/'22, 10:51 AM
California State Treasurer
ionaMa, CPA
Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001

CITY OF LOS BANOS

CITY TREASURER
520 J STREET
LOS BANOS, CA 93635
Account Number:

March 2022 Statement
Account Summarr.

Total Deposit:

Total Withdrawat
hllps://laifms.treasurer .ca.g CMReg ularStatement.aspx LAIF Regular Monthly Statement
April25, 2022
LAIFHome
PMIA Average Monthly Yields
Tran TY.P-e Defmitions
,;;

0.00 Begirming BaJance:

0.00 Ending Balance:
66,379,528.43
66,379,528.43
1/1
17 PMIA/LAIF Performance Report
as of 04/15/22
PMIA Average Monthly
Effective Yields(1>
Quarterly Performance
Quarter Ended 03/31/22
Mar
Feb
Jan

0.365

0.278

0.234
LAIF Apportionment Rate(2l:

LAIF Earnings Ratio(2l:

LAIF Fair Value Factor(1l:

PMIA Daily(1l:

PMIA Quarter to Date(1l:

PMIA Average Life(1>:

Pooled Money Investment Account
Monthly Portfolio Composition (
11 03/31/22
Certificates of
Deposit/Bank Notes

7.38%
Agencies

17.78%
$207 .9 billion
Corporate
Commercial Bond5
Paper 0-
20%

6.11%

66.18%

0.32 0.00000875657176851

0.988753538

0.42%

0.29%
310
Chart does not include $5,704,000.00 in mortgages, which equates to 0.003%. Percentages may not total 100% due to rounding.

Daily rates are now available here. View PMIA Daily Rates Notes: The apportionment rate includes interest earned on the Co/PERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(l) ond ;nterest earned on the Wildfire Fund loan pursuant to Public Utility Code 3288 (a).

Source:
1 11 State of California, Office of the Treasurer
1 21 State of Calfiornia, Office of the Controller
18 C
■ SECURITIES
Wells Fargo Bank, N.A.
45 FREMONT ST
FLOOR34
SAN FRANCISCO, CA 94105-2204

WILLIAMS/LEWIS
1-415-644-9152
0172fl 1008l02DOQ9 10t17 1/N4'~7w.l4,JIMn,d?tl7 J.t~1 'ntt?llA/f'l1,-,., 11 _......._ -. \
i
,·
Combined Summary
Brokerage Account and Bank Account
Statement Period
03/01/2022 - 03/31/202~
CITY OF LOS BANOS Account Number
Total Account Value Summary -us Dollar (USO) This summary does not reflect the -----------------------------------value of unpriced securities.

Amount Last Amount This % Repurchase agreements are reflectec Statement Period Statement Period Portfolio at par value.

Cash $ 0.00 $ 0.00 0%
Money Market Mutual Funds 10,945,670.41 10,945,753.43 85% Bonds 1,998,792.99 1,995,502.11 15%
Stocks 0.00 0.00 0%
Total Account Value $ 12,944,463.40 $ 12,941,255.54 100% Value Change Since Last Statement Period
Percent Decrease Since Last Statement Period
$ (3,207.86)
0%
Value Last Year-End $ 12,947,209.70
Percent Decrease Since Last Vear-End 0%
***Includes amortized Par value of municipal leases and notes.

Total Income Summary uso
Interest
Dividends/Capital Gains
Money Market Mutual Funds Dividends
Other
Income Total
Total Interest Charged uso
Description
Debit Interest For March 2022
$
$
This Period

0.00 $

0.00 83.02

0.00 83.02 $
Total Interest Charged $
Total Money Market Mutual Funds Summary uso
Description
Opening Balance
Deposits and Other Additions
Distributions and Other Subtractions
Dividends Reinvested
Change in Value
Closing Balance
$
s
Year-To-Date
5,557.80

0.00 345.14

0.00 5,902.94
This Period

0.00 0.00
Amount
10,945,670.41

0.00 0.00

83.02 0.00
10,945,753.43
111 I
19 (_
■ SECURITIES
Wells Fargo Securities, LLC
45 FREMONT ST
FLOOR34
SAN FRANCISCO, CA 94105-2204

WILLIAMS/LEWIS
1-415-644-9152
--- ---.,\
r · 'Page 1 of 2
Brokerage Account Statement
Wells Fargo Securities, LLC
Statement Period
03/01/2022 -03/31/2022
CITY OF LOS BANOS Account Number
Account Value Summary uso This summary does not reflect the -----------------------------------value of unpriced securities.

Amount Last Amount This % Repurchase agreements are reflectec Statement Period Statement Period Portfolio at par value.

Cash $ 0.00 $ 0.00 0%
Money Market Mutual Funds 0.00 0.00 0%
Bonds o.oo o.oo 0%
Stocks 0.00 0.00 0%
Total Account Value S 0.00 $ 0.00 0%
Value Change Since Last Statement Period $ 0.00
Percent Increase Since Last Statement Period NIA
Value Last Year-End
Percent Increase Since Last Year-End
Income Summary uso
Interest
Dividends/Capital Gains
Money Market Mutual Funds Dividends
Other
Income Total
Interest Charged uso
Description
Debit Interest ForMarch 2-022
$
This Period
$ 0.00 $
0 .00

0.00 0.00
$ 0.00 $
Total Interest Charged $
Money Market Mutual Funds Summary uso
Description
Opening Balance $
Deposits and Other Additions
Distributions and Other Subtractions
Dividends Reinvested
Change in Value
Closing Balance $

0.00 N/A
Year-To-Date

0.00 0.00

0.00 This Period

0.00 0.00
Amount

0.00 0.00
o.oo

0.00 0.00

0.00 I I
20 Important Information
This statement is provided to customers of Wells Fargo Securities, LLC ("WFS'), broker dealer 0250. Statements are provided monthly for accounts with transactions and/or security positions. The account statement contains a list of securities held in safekeeping by WFS as of the statement date and provides details of purchase and sale transactions, the receipt and disbursement of cash and securities, and other activities relating to the account during the statement period.

For WFS customers who choose to maintain a safekeeping account at Wells Fargo Bank, N.A. ("Bank' ), this statement is accompanied by a separate Bank safekeeping statement. The Bank safekeeping statement, if applicable, contains a list of securities held In safekeeping by the Bank as of the statement date.

Pricing: Security and brokered certificate of deposit ('CD") prices shown on the statement are obtained from independent vendors or internal pricing models. While we believe the prices are reliable, we cannot guarantee their accuracy. For exchange-listed securities, the price provided is the closing price at month end. For unlisted securities, it is the "bid" price at month end. The price of CDs that mature in one year or less are shown at last price traded. The price of CDs that mature in greater than one year and of other instruments that trade infrequently are estimated using similar securities for which prices are available. Prices on the statement may not necessarily be obtained when the asset is sold.

Brokered CD Pricing: Like bonds, brokered CDs are subject to price fluctuation and the value of a CD, if sold prior to maturity, may be less than at the time of its purchase. Significant loss of principal could result.

While WFS generally makes a market in CDs it underwrites, the secondary market for CDs that It does not underwrite may be very limited.

In those cases, WFS will use its best efforts to help investors find a buyer.

SIPC: WFS is a member of the Securities Investor Protection Corporation ("SIPC"). In the event of insolvency or liquidation of WFS, securities held in safekeeping at WFS are covered by SIPC against the loss, but not investment risk, up to a maximum of $500,000 per customer, which includes a $250,000 limit on claims for cash held in the account. SIPC protection does not provide any protection whatsoever against investment risk, including the loss of principal on an investment. This coverage does not apply to securities held in safekeeping by the Bank. Additional information about SIPC, including a SIPC brochure, may be obtained by visiting www.sipc.org or by calling SIPC at 1-202-371-8300.

FINRA BrokerCheck Program: WFS is a member of the Financial Industry Regulatory Authority (FINRA). Under its BrokerCheck program, FINRA provides certain information regarding the disciplinary history of broker/dealers and their associated persons. Information can be obtained from the FINRA BrokerCheck program hotline number (1-800-289-9999) or the FINRA website (www.finra.org). A brochure describing the FINRA BrokerCheck program will be furnished upon written request.

Free Credit Balances: Any customer free credit balances may be used in the business of WFS subject to limitation of 17 CFR Section 240 § 15c(3}-3 under the Securities Exchange Act of 1934. In the course of normal business operations, a customer has the right to receive delivery of the following: any free credit balances to which he or she is entitled, any fully paid securities to which he or she is entitled, and any securities purchased on margin upon lull payment of indebtedness to WFS.

Equity Order Routing: WFS will generally route equity and listed options orders taking into consideration among other factors, the quality and speed of execution, as well as the credits, cash or other payments it may receive from any exchange, broker-dealer or market center. This may not be true if a customer has directed or placed limits on any orders. Whenever possible, WFS will route orders in an attempt to obtain executions at prices equal or superior to the nationally displayed best bid or offer. WFS will also attempt to obtain the best execution regardless of any compensation it may receive. The nature and source of credits and payments WFS receives in connection with specific orders will be furnished to a customer upon request. WFS prepares quarter1y reports describing its order routing practices for non-directed orders routed to a particular venue for execution. A printed copy of this report along with other compliance and regulatory information is available upon written request or by visiting: https://www.wellsfargo.com/com/securities/regulatory.

Equity Extended Hours Trading: See important information relating to equities trading before and after regular trading hours at:
www.wellsfargo.com/com/securities/regulatory.

Equity Open Orders: Open orders will remain in effect until executed or canceled by you. Failure to cancel an open order may result in the transaction being executed for your account. WFS has no responsibility to cancel an open order at its own initiative.

Dividend Reinvestment: In any dividend reinvestment transaction, WFS acted as agent. Additional information regarding transactions of this nature will be furnished to a customer upon written request.

Account Transfers: A fee will be charged to customers transferring their existing WFS account to.another broker/dealer or any other financial institution.

Non-deposit investment products recommended, offered or sold by WFS, Including mutual funds, are not federally Insured or guaranteed by or obligations of the Federal Deposit Insurance Corporation ("FDIC"), the Federal Reserve System or any other agency; are not bank deposits; are not obligations of, or endorsed or guaranteed In any way by any bank or WFS; and are subject to risk, including the possible loss of principal, that may cause the value of the Investment and Investment return to fluctuate.

When the investment is sold, the value may be higher or lower than the amount originally invested. WFS Is a subsidiary of Wells Fargo & Company, Is not a bank or thrift, and Is separate from any other afflllated bank or thrHt. WFS ls a registered broker-dealer and member of FINRA. No affiliate of WFS is responsible for the securttiea sold by WFS.

Page 2 of 2 ends

Mutual Funds: The distributor of Wells Fargo Funds is affiliated with WFS/Wells Fargo Securities, LLC.

Institutional Prime and Institutional Tax Exempt money market mutual funds are required to price and transact at a net asset value ("NAV") per share that fluctuates based upon the pricing of the underlying portfolio of securities and this requirement may impact the value of those fund shares. Additionally, Institutional Prime and Institutional Tax Exempt funds may be subject to redemption tees and/or gates that can affect the availability of funds invested.

Mutual fundS are sold by prospectus, which Includes more complete information on risks, charges, expenses and other matters of interest.

Investors should read the prospectus carefully before investing.

Financial Statements: WFS financial statements are available upon request.

Trade Conflnnatlons: Investment purchases and sales are subject to the terms and conditions stated on the trade confirmation relating to that transaction. In the event of a conflict between the trade confirmation and this statement, the trade confirmation will govern.

Listed Options: Commissions and other charges related to the execution of listed option transactions have been included in confirmations of such transactions that have been previously furnished and are available upon request. Promptly advise your WFS sales representative of any material change in your investment objectives or linancial situation.

Customer Complaints and Reporting Discrepancies: Customer complaints, statement reporting inaccuracies or discrepancies should be promptly reported in writing to:

Customer Service
90 South 7th Street
5th Floor, MAC N9305-05F
Minneapolis, MN 55402
wfscustomerservice@ wellsfargo.com
Customers may also report complaints, inaccuracies or discrepancies by calling 1-800-645-3751 option 5. To further protect their rights, including rights under the Securities Investor Protection Act, customers should also re-confirm in writing to the above address any oral communications with WFS relating to the inaccuracies or discrepancies.

Wells Fargo Bank, N.A. Institutional Deposit: Funds invested in the Institutional Deposit are on deposit at Wells Fargo Bank, N.A. and balances are insured by the Federal Deposit Insurance Corporation ("FDIC") up to the full amount allowable by law. Institutional Deposit balances are not insured by the Securities Investor Protection Corporation ("SIPC"). For further details, see the Institutional Deposit Product Description.
21 r
'--
■ SECURITIES
Wells Fargo Bank, N.A.
45 FREMONT ST
FLOOR34
SAN FRANCISCO, CA 94105-2204

WILLIAMS/LEWIS
1-415-644-9152
017271 1Cll'lfi1n, nAO<I 1O117 IINM:l"71t'U.?JIMl'\4?!n' '7.dRSKUVV\l "n'n., n,\lt\1 /'Y.I 0 . .-..... ...-...;
··· ·"Page 1 of 3
Bank Account Statement
Wells Fargo Bank, N.A.

Statement Period
03/01/2022 - 03/31/2022
CITY OF LOS BANOS Account Number
Account Value Summary uso This summary does not reflect the -----------------------------------value of unpriced securities.

Amount Last Amount This % Repurchase agreements are reflected Statement Period Statement Period Portfolio at par value.

Cash $ 0.00 $ 0.00 0%
Money Market Mutual Funds 10,945,670.41 10,945,753.43 85% Bonds 1 ,998, 792.99 1,995,502.11 15%
Stocks 0.00 0.00 0%
Total Account Value $ 12,944,463.40 $ 12,941,255.54 100% Value Change Since Last Statement Period
Percent Decrease Since Last Statement Period
Value last Year-End
Percent Decrease Since Last Vear-End
Income Summary uso
Interest
Dividends/Capital Gains
Money Market Mutual Funds Dividends
Other
Income Total
Interest Charged uso
Description
De6it Interest For March 2022
Total Interest Charged
$
$
$ (3,207.86)
$
0%
12,947,209.70
0%
This Period Year-To-Date

0.00 $

0.00 83.02

0.00 83.02 $
$
5,557.80

0.00 345.14

0.00 5,902.94
This Period

0.00 0.00
Money Market Mutual Funds Summary uso
Description
Opening Balance
Deposits and Other Additions
Distributions and Other Subtractions
Dividends Reinvested
Change in Value
Closing Balance
$
$
Amount
10,945,670.41

0.00 0.00

83.02 0.00
10,945,753.43
22 Important Information
This statement is provided to customers of Wells Fargo Securities, LLC ('WFS"), broker dealer 0250. Statements are provided monthly for accounts with transactions and/or security positions. The account statement contains a list of securities held in safekeeping by WFS as of the statement date and provides details of purchase and sale transactions, the receipt and disbursement of cash and securities, and other activities relating to the account during the statement period.

For WFS customers who choose to maintain a safekeeping account at Wells Fargo Bank, N.A. ("Bank"), this statement is accompanied by a separate Bank safekeeping statement. The Bank safekeeping statement, if applicable, contains a list of securities held in safekeeping by the Bank as of the statement date.

While WFS generally makes a market in CDs it underwrites, the secondary market for CDs that it does not underwrite may be very limited.

In those cases, WFS will use its best efforts to help investors find a buyer.

SIPC: WFS is a member of the Securities Investor Protection Corporation ("SIPC'). In the event of insolvency or liquidation of WFS, securities held in safekeeping at WFS are covered by SIPC against the loss, but not investment risk, up to a maximum of $500,000 per customer, which includes a $250,000 limit on claims for cash held in the account. SIPC protection does not provide any protection whatsoever against investment risk, including the loss of principal on an investment. This coverage does not apply to securities held in safekeeping by the Bank. Additional Information about SIPC, Including a SIPC brochure, may be obtained by visiting www.sipc.org or by calling SIPC at 1-202-371-8300.

Free Credit Balances: Any customer free credit balances may be used in the business of WFS subject to limitation of 17 CFR Section 240 § 15c(3)-3 under the Securities Exchange Act of 1934. In the course of normal business operations, a customer has the right to receive delivery of the following: any free credit balances to which he or she is entitled, any fully paid securities to which he or she is entitled, and any securities purchased on margin upon full payment of indebtedness to WFS.

Equity Order Routing: WFS will generally route equity and listed options orders taking into consideration among other factors, the quality and speed of execution, as well as the credits, cash or other payments it may receive from any exchange, broker-dealer or market center. This may not be true if a customer has directed or placed limits on any orders. Whenever possible, WFS will route orders in an attempt to obtain executions at prices equal or superior to the nationally displayed best bid or offer. WFS will also attempt to obtain the best execution regardless of any compensation it may receive. The nature and source of credits and payments WFS receives in connection with specific orders will be furnished to a customer upon request. WFS prepares quarterly reports describing its order routing practices for non-directed orders routed to a particular venue for execution. A printed copy of this report along with other compliance and regulatory information is available upon written request or by visiting: https:l/www.wellsfargo.com/com/securities/regulatory.

Equity Extended Hours Trading: See important information relating to equities trading before and after regular trading hours at:
www.wellsfargo.com/com/securities/requlatory.

Dividend Reinvestment: In any dividend reinvestment transaction, WFS acted as agent. Additional information regarding transactions of this nature will be furnished to a customer upon written request.

Account Transfers: A tee will be charged to customers transferring their existing WFS account to another broker/dealer or any other financial institution.

Non-deposit investment products recommended, offered or sold by WFS, Including mutual funds, are not federally Insured or guaranteed by or obligations of the Federal Deposit Insurance Corporation ("FDIC"), the Federal Reserve System or any other agency; are not bank deposits; are not obligations of, or endorsed or guaranteed In any way by any bank or WFS; and are subject to risk, Including the possible loss of principal, that may cause the value of the lnvesbnent and Investment return to fluctuate.

When the investment is sold, the value may be higher or lower than the amount orlglnally invested. WFS la a subsidiary of Walls Fargo & Company, is not a bank or thrift, and Is separate from any other affiliated bank or thrift. WFS is a registered broker-dealer and member of FINRA. No affiliate of WFS Is responsible for the securities sold by WFS.

Page 2 of 3 ends

Mutual Funds: The distributor of Wells Fargo Funds is affiliated with WFS/Wells Fargo Securities, LLC.

Institutional Prime and Institutional Tax Exempt money market mutual funds are required to price and transact at a net asset value ("NAV") per share that fluctuates based upon the pricing of the underlying portfolio of securities and this requirement may impact the value of those fund shares. Additionally, Institutional Prime and Institutional Tax Exempt funds may be subject to redemption fees and/or gates that can affect the availability of funds invested.

Mutual funds are sold by prospectus, which includes more complete information on risks, charges, expenses and other matters of interest.

Investors should read the prospectus carefully before investing.

Financial Statements: WFS financial statements are available upon request.

Trade Confirmations: Investment purchases and sales are subject to the terms and conditions stated on the trade confirmation relating to that transaction. In the event of a conflict between the trade confirmation and this statement, the trade confirmation will govern.

Customer Complaints and Reporting Discrepancies: Customer complaints, statement reporting inaccuracies or discrepancies should be promptly reported in writing to:

Wells Fargo Bank, N.A. Institutional Deposit: Funds invested in the Institutional Deposit are on deposit at Wells Fargo Bank, N.A. and balances are insured by the Federal Deposit Insurance Corporation ('FDIC') up to the full amount allowable by law. Institutional Deposit balances are not insured by the Securities Investor Protection Corporation ("SIPC"). For further details, see the Institutional Deposit Product Description.
23 (-

CITY OF LOS BANOS
Account Number:

Portfolio Holdings Security positions held with Wells Fargo Bank N.A.

Security ID Description Maturitl [:)ate
Bonds USD
13063DAD0 CALIFORNIA ST TXBL-HIGH-SPEED 04/01/22

PASSENGER TRAI
02587DN38 AMERICAN EXPR CENTURION 04/05/22

INTEREST BEARING CERTIFICATE

OF DEPOSIT
02587CEM8 AMERICAN EXPRESS BK FSB 05/03/22

INTEREST BEARING CERTIFICATE

OF DEPOSIT
.. See important information regarding security pricing on Page 2. ..... -...

Current Par/ Market
Coupon _ Qriginal Par Price•

2.367% 1,500,000.000 100.0000

2.450% 245,000.000 100.0277

2.350% 250,000.000 100.1737
1,995,000.000
.. Total amount that is pledged to or held for another party or parties. Refer to the Pledge Detail Report for more information .

Money Market Fund Activity
AGI 100°/4 Trea Adm 3722
• As of March 31, 2022
USD
Transaction
Date
03/01/22
Activity
Beginning Balance
Reinvest
Ending Balance
Shares

83.02000
Dividend paid 7 day•
this period simple yield

83.02 0.020%
Price Market Value ($)

1.0000 10,945,670.41

1.0000 10,945,753.43
.--._.
'!
Statement Ending:
-· ··~age 3 of 3
March 31, 2022
Market
Value
1,500,000.00
245,067.87
250,434.24
1,995,502.11
30 day*
simple yield

0.010%
Dividend Amount

83.02 Original Par
PlediJ.ed**

0.00 Callable
N
Share Balance
10,945,670.41000
10,945, 753.43000
10,945, 753.43000
I 111
24 CITY OF LOS BANOS

CITY COUNCIL MEETING MINUTES
APRIL 20, 2022
ACTION MINUTES - These minutes are prepared to depict action taken for agenda items presented to the City Council. For detail of this meeting refer to the electronic media (CD and/or audio) kept as a permanent record.

CALL TO ORDER: Mayor Faria called the City Council Meeting to order at the hour of 6:01 p.m.

PLEDGE OF ALLEGIANCE: Police Chief Brizzee led the pledge of allegiance.

ROLL CALL - MEMBERS OF THE CITY COUNCIL PRESENT: Council Members Brett Jones, Kenneth Lambert, Deborah Lewis, Refugio Llamas, Mayor Manuel Thomas Faria 111; ABSENT: None.

STAFF MEMBERS PRESENT: City Manager Pinheiro, City Attorney Vaughn, City Clerk/Human Resources Director Mallonee, City Treasurer/Accounting & Budget Supervisor Tomas, Finance Director Williams, Community & Economic Development Director Souza Elms, Police Chief Brizzee, Fire Chief Hurley, Public Works Director/City Engineer Than.

CONSIDERATION OF APPROVAL OF AGENDA: Motion by Lewis, seconded by Llamas to approve the agenda as submitted. The motion carried by the affirmative action of all Council Members present.

PUBLIC FORUM: MEMBERS OF THE PUBLIC MAY ADDRESS THE CITY COUNCIL

MEMBERS ON ANY ITEM OF PUBLIC INTEREST THAT IS WITHIN THE JURISDICTION OF THE CITY; INCLUDES AGENDA AND NON-AGENDA ITEMS. NO ACTION WILL BE TAKEN ON NON-AGENDA ITEMS. SPEAKERS ARE LIMITED TO A FIVE (5) MINUTE PRESENTATION. DETAILED GUIDELINES ARE POSTED ON THE COUNCIL CHAMBER INFORMATIONAL TABLE. Mayor Faria opened the public forum and asked those participating in the meeting if they would like to speak: KA THY BALLARD, Los Banos, consent agenda item H for reauthorizing remote telecommunications, how she contacted Merced County Health department and the local hospital to get information on the current status of the Covid-19 situation, wonders why you would want to go back to virtual meetings, how the meeting start time has been changed to make it more convenient for those up on the dais and does not allow for our commuters to come and talk, and restated that she feels meetings should not be virtual; CLAUDIA NUNES, Los Banos, stated that she lives at the mobile home park on Pacheco and is here to speak regarding how the City has allowed the homeless to live in the field near them, how the homeless have been stealing from the mobile home owners, homeless are mistreating the kids, she's called 911 regarding her concerns with the homeless not following the rules, fires and how they need help and how she feels nobody 25 cares, nobody listens to us, the music is too loud during the middle of the night; SHANDRA LEWIS, Los Banos, has lived in the mobile home park for 35 years and it has been a terror since 2020 when the city started allowing the homeless to stay in the area near them, she is concerned with stolen items, i.e. shopping carts, bikes, dealing with homeless drug overdoses, women getting beat up, raped, cutting their fence, going through their garbage and stealing items, feels she is in danger and fears for her life, this is not a safe place for us and the City has put us in jeopardy by allowing the homeless to be there and they have no respect, the situation has been unbearable, they climb over the brick wall, my thoughts on what should be done is irrelevant but she should not have to fear for her life; SHARON GRAY, Los Banos, has been the Manager of Rancho Los Banos Mobile Home Park for 27 years and she has never had to deal with what she has had to deal with the homeless, it is not fair to our tenants, they try to keep their mobile homes as neat as possible, children cannot play outside safely, she wants the homeless gone from the area; MARTHA TURNER, Los Banos, lives in the mobile home park and it is a community and the homeless living near them make fires every night, make explosions with propane tanks, someone is going to get hurt, a house will get set on fire, how she caught a drug addicted homeless person trying to steal her grandsons bike, homeless man walked into her back door and walked back out when he saw her, the managers work tireless to keep order in the mobile home park so that they can feel safe, but they don't feel safe anymore, loud music, fighting, profanity, it just can't continue, she has raised 4 kids there the last 22 years, we want results and we want them right now; MARIA SALINAS, Los Banos, lives at the Mobile Home Park, her mobile home is a few yards near the homeless encampment and she is very concerned, the noise is out of control, they play it very loud at night until 2-3 in the morning, there is a certain drummer boy who plays it day and night every day, hard for people who have to get up early and go to work, homeless are very rowdy, arguing and using profanity, safety is a very big concern, used syringes are thrown over the fence into our area, feces and urine are a horrible smell, and the trash, shame on the person or people who decided to have the homeless encampment right outside our fence, shame on your for not asking us, clearly we do not matter, and we will be making our concerns known until something changes and they are moved from the area, what will it take for you to relocate them, infections, our kids matter and we do not want to see them get hurt, be proactive instead of taking action after something happens, we are very tired, concerned and scared and we ask for our help; JOHN CORNELL, Los Banos, the mobile home park is like a little community, it's only been the last couple of years that it has gotten bad, he doesn't hate homelessness because he has been there, making them move is really hard, but there are a couple of place around our trailer park that are wide open, find a better place for them, get Merced County to help with the programs they offer the homeless, how he has a bag full of syringes that he has collected when picking trash up, concerns for kids and animals in the trailer park handling the syringes, he has seen some crude stuff, can't we just try to come up with an idea to move them just enough to give us some peace, they keep cutting fences, putting blankets over the fence, concerned with those who live in the park, only takes one bad apple to ruin it, if we work together we could relocate them no problem; DARLENE EBERSOL, Merced County Registrar of Voters, spoke regarding the voting services they provide. The upcoming June 7, 2022 election, election centers, election boxes, how redistricting impacts may affect residents and encouraged all to contact the 26 Merced County Elections Department with any questions they may have. Mayor Faria then asked City Clerk Mallonee if she had received any comments, for which City Clerk Mallonee stated that she received no comments to be read into the record. No one else came forward to speak and the public forum was closed.

CONSIDERATION OF APPROVAL OF CONSENT AGENDA. Council Member Lewis requested that item 6H - City Council Resolution No. 6487 - Reauthorizing Remote Teleconference Meetings of the Legislative Bodies of the City of Los Banos Pursuant to the Provisions of AB 361 be pulled from the Consent Agenda for discussion and separate vote.

City Attorney Vaughn presented the staff report for item 6H - City Council Resolution No. 6487 - Reauthorizing Remote Teleconference Meetings of the Legislative Bodies of the City of Los Banos Pursuant to the Provisions of AB 361.

Council Member Lewis stated that she requested that this item be put back on the agenda because of the split vote we had at our meeting when this was presented, which will not allow the City Council in any circumstance to have a remote meeting, she sits on other special district committees and this resolution appears on the agenda every month so that if an emergency comes up it allows us to hold meetings remotely, and how it is for safety of the City Council and the community.

There was Council Member and staff discussion regarding how the public is not as involved as it should be with virtual meetings, the important of holding the in person meetings, those that can attend should be able to in person, those that can't or are not comfortable should be okay to not attend, how the personal connection if very important, the whole purpose of allowing teleconference meetings was to address an emergency situation during the COVID-19 pandemic, to allow the government to continue to function, the pandemic is winding down and the many variants but not at the severity as it has been, the precautions the City has put in place, allowing for the City to do hybrid option with Council Members remoting in, voting for virtual meetings so that the City has the option of go virtual if needed, and to all offer the Council Members options if they were unable to attend.

Motion by Lewis, seconded by Lambert to continue this item, City Council Resolution No. 6487 - Reauthorizing Remote Teleconference Meetings of the Legislative Bodies of the City of Los Banos Pursuant to the Provisions of AB 361 to the May 18, 2022 City Council Meeting. The motion carried by the affirmative action of all Council Members present.

Motion by Lewis, seconded by Lambert to approve the consent agenda, with the removal of item 6H - City Council Resolution No. 6487 - Reauthorizing Remote Teleconference Meetings of the Legislative Bodies of the City of Los Banos Pursuant to the Provisions of AB 361 as follows: Check Registerfor#232013-#232120 in the Amount of $475,037.20; Minutes for the April 6, 2022 City Council Meeting; City Council Resolution No. 6482 - Accepting the Grant Deed and Dedication from Stonefield Home, Inc., a California Corporation, to the City of Los Banos for a Portion of Ward Road Near Luna Court, 27 Consisting of Approximately 1.43+- Acres as a Portion of Assessor Parcel Number 073- 220-017; City Council Resolution No. 6483 - Accepting a Grant Deed and Easement Deed Dedication from Century Communities of California, LLC, a Delaware Limited Liability Company, to the City of Los Banos for a Portion of San Luis Street Near Place Road, Assessor Parcel Number 428-370-011 thru 428-370-019; City Council Resolution No. 6484 - Accepting Public Improvements for Southpointe at Regency Park, Phase 4 [Stonefield Home, Inc.]; City Council Resolution No. 6485 - Accepting Public Improvements for Southpointe at Regency Park, Phase 5 [Stonefield Home, Inc.]; City Council Resolution No. 6486 - Accepting Public Improvements for Southpointe at Regency Park, Phase 6 [Stonefield Home, Inc.]; City Council Resolution No. 6487 Reauthorizing Remote Teleoonference Meetings of the Legislative Bodies of the City of Los Banos Pursuant to the Provisions of AB 361. The motion carried by the affirmative action of all Council Members present.

PUBLIC HEARING - TO RECEIVE PUBLIC COMMENT AND CONSIDERATION OF A

CATEGORICAL EXEMPTION FROM THE CALIFORNIA ENVIRONMENTAL QUALITY ACT (CEQA) AND CONDITIONAL USE PERMIT #2022-02 TO ALLOW THE USE OF TYPE 47 ALCOHOL LICENSE FOR THE ON-SALE OF GENERAL ALCOHOL IN

CONJUNCTION WITH A BONA-FIDE EATING ESTABLISHMENT FOR EDDIE'S CAFE LOCATED AT 401 W. PACHECO BOULEVARD, APN 027-161-048; CITY COUNCIL RESOLUTION NO. 6488 -APPROVING CONDITIONAL USE PERMIT #2022-02 TO ALLOW THE USE OF A TYPE 47 ON-SALE GENERAL ALCOHOL LICENSE FOR EDDIE'S CAFE LOCATED AT 401 WEST PACHECO BOULEVARD. Assistant Planner Luquin presented the staff report, which included a PowerPoint presentation.

There was Council Member and staff discussion regarding if the door towards the back where the bar will be for public use, will the door be secured, any concerns from the Police Department, location of cameras, tenant improvements, the bar situation and how ABC will look into it to make sure it is safe.

Mayor Faria opened the public hearing. No one came forward to speak and the public hearing was closed.

Motion by Jones, seconded by Llamas to adopt City Council Resolution No. 6488 - Approving Conditional Use Permit #2022-02 to allow the Use of a Type 47 On-Sale General Alcohol License for Eddie's Cafe Located at 401 West Pacheco Boulevard. The motion carried by the affirmative action of all Council Members present.

PUBLIC HEARING - TO RECEIVE PUBLIC COMMENT AND CONSIDERATION OF

AN ANNUAL ADJUSTMENT TO THE LOS BANOS DEVELOPMENT IMPACT FEE

SCHEDULE BASED ON THE ENGINEERING NEWS RECORD CONSTRUCTION COST INDEX: CITY COUNCIL RESOLUTION NO. 6489 - APPROVING AN INCREASE

IN DEVELOPMENT IMPACT FEES TO REFLECT INCREASES IN THE ENGINEERING NEWS RECORD CONSTRUCTION COST INDEX FOR 2022. Community & Economic Development Director Souza Elms presented the staff report, which included a PowerPoint presentation.
28 Mayor Faria opened the public hearing. No one came forward to speak and the public hearing was closed.

There was Council Member and staff discussion regarding Exhibit A regarding institutional fees which would be associated with Civic buildings, County buildings, hospitals, if the developer is able to ask for a waiver of any of these fees, how there is a reduction for age relative units, the impact to the Police and Fire services if the fees were reduced and we need to make sure we have the revenues necessary to offer the services that we do, and how if the City lacks certain amenities we may need to waive fees like this to gain the housing that we need.

Motion by Lambert, seconded by Llamas to adopt City Council Resolution No. 6489 - Approving an Increase in Development Impact Fees to Reflect Increases in the Engineering News Record Construction Cost Index for 2022. The motion carried by the affirmative action of all Council Members present.

CONSIDERATION OF APPROVAL OF CITY COUNCIL RESOLUTION NO. 6490 -

AUTHORIZING THE CITY MANAGER TO DEPLOY SOLAR PHOTOVOLTAIC

SYSTEMS AT MUNICIPAL FACULTIES IN PARTNERSHIP WITH THE CITY'S PUBLIC

POWER PROVIDER, PENINSULA CLEAN ENERGY, THROUGH A STANDARD POWER PURCHASE AGREEMENT. Public Works Director/City Engineer Than and Community & Economic Development Director Souza Elms presented the staff report, which included a PowerPoint presentation.

There was Council Member and staff discussion regarding, parking canopies, the sourcing of these panels coming from China, no mention of recycling from PCE and no solutions, wanting to know what the taxpayers are committed to prior to the City Manager approving this so that there is some oversight, the resolution was crafted this way so that there is a level of commitment from the City to move forward on this project if there is a cost benefit for the project, no upfront cost but just once it is built we start paying, we will save money on maintenance, waste of time to bring this back, if our City Manager found us a service to provide a savings we should not micromanage the City Manager and move forward, not seeing this as micromanaging, whenever there is an RFP for a project like this it always comes back for approval, clarification on the 5%, wanting to buy products made in the United States that have provided jobs in the United States, setting up an RFP for the competitive process for any supplier and have the source solely the United States as an option, but it may be assembled in the United States but the parts to build the panels are form China, taxpayers have a right to know where our tax dollars are going, happy it could be cost savings, how PCE has pretty strict rules as to who does work for them, this being proper oversight, part of transparency and oversight, and just wanting to have the numbers before moving forward.

Motion by Jones, seconded by Lambert to approve the City Council Resolution No. 6490 - Authorizing the City Manager to Deploy Solar Photovoltaic. The motion carried by the 29 following vote: AYES: Council Members Faria, Jones, Lambert NOES: Council Members Lewis, Llamas.

CONSIDERATION OF APPROVAL OF CITY COUNCIL RESOLUTION NO. 6491 - ADOPTING THE 2021 MERCED COUNTY MUL Tl JURISDICTIONAL LOCAL HAZARD MITIGATION PLAN. Fire Chief Hurley presented the staff report, which included a PowerPoint presentation.

There was Council Member and staff discussion regarding unreinforced building concerns, the need to continue to look at resources to address those issues, masonry type buildings needing to be retrofitted.

Motion by Llamas, seconded by Lewis to adopt City Council Resolution No. 6491 - Adopting the 2021 Merced County Multi-Jurisdictional Local Hazard Mitigation Plan. The motion carried by the affirmative action of all Council Members present.

ADVISEMENT OF PUBLIC NOTICES. (Three Reports) Community & Economic Development Director Elms reported that Public Hearings will be held by the Los Banos Planning Commission on April 27, 2022 to consider o consider Tentative Parcel Map #2021-03 to divide an approximate 7.57 acre parcel into three (3) parcels and a Categorical Exemption from the California Environmental Quality Act (CEQA) pursuant to Section 15315, Minor Land Divisions, located within the Highway Commercial Zoning District near the north east corner of Mercey Springs Rd. and Overland Ave., more specifically identified as Assessor's Parcel Number: 424-120-024; to consider a Categorical Exemption from the California Environmental Quality Act (CEQA) Pursuant to Section 15301, Existing Facilities, and Cottage Food Operation #2022-02 for Paschina Weedling at 413 San Luis Obispo St., more specifically identified as Assessor's Parcel Number: 424-145-006; to consider a Categorical Exemption from the California Environmental Quality Act (CEQA) and Site Plan Review #2022-02 for the new Los Banos Police Department Station, located at 1111 G St.; more specifically identified as Assessor's Parcel Numbers: 026-161-003.

CITY MANAGER REPORT. City Manager Pinheiro spoke regarding the volunteer event being held on April 23, 2022 to help spread mulch at a local park, continuing to remind everybody about the RAD Card Program, which supports your local businesses, and to go by the Community Center and pick up a Recreation Guide to see all that is being offered.

REPORT/UPDATE ON MERCED COUNTY ASSOCIATION OF GOVERNMENTS (MCAG), PENINSULA CLEAN ENERGY (PCE), AND MEASURE V COMMITTEE.

Mayor Faria spoke regarding a lot of energy that MCAG is putting into the Washington, D.C. trip which he and City Manager Pinheiro will be going on, making note of the PCE presentation earlier tonight and the opt out period is still in place, and nothing new for Measure V.

CITY COUNCIL MEMBER REPORTS.
30 REFUGIO LLAMAS: Hoped everyone had a nice Easter with their families, there seems to be quite some distress at the Mobile Home Park near the homeless encampment and hopes the City can provide some relief to them, disappointed that he was not included in the matter and how the City has failed some in that we did not interact with the neighbors of the homeless encampment, and the need to increase communication.

BRETT JONES: No report
KENNETH LAMBERT: Spoke regarding the new digital sign that was installed and it is very impressive and thanked staff for getting that installed, and thanked staff for putting together all of the presentations tonight.

DEBORAH LEWIS: Spoke regarding the April 9th Easter Egg Hunt in her district put on by the Parks & Recreation staff and what a great event it was and how fun the suds machine was, thanked Parks & Recreation Operations Manager Heim and his staff and the vendors for a wonderful event, how the City is moving to revising our General Plan for future annexations and we are also being asked by the State to be mindful of the usage of water and we may want to consider as a City for the developers of figure out where the water is coming from and how they are bringing water into the City for the homes they are building.

MAYOR TOM FARIA: Spoke regarding the Easter Egg Hunt event and how fun it was, how there is a lot to do in Los Banos, Saturday is the Spring Kick Off dinner dance for the May Day Fair, April 23 is the Los Banos Chamber of Commerce Street Faire, and April 23 he will get the opportunity to play drums with some former student, happy to know that the May Day fair is back next week and he is looking forward to seeing everyone out there.

CLOSED SESSION. PUBLIC EMPLOYEE PERFORMANCE EVALUATION, TITLE:

CITY MANAGER, PURSUANT TO GOVERNMENT CODE SECTION 54957. No reportable action.

ADJOURNMENT. Motion by Lewis, seconded by Lambert, the meeting was adjourned at 10:30 p.m. The motion carried by the affirmative action of all Council Members present.

APPROVED:

Manuel Thomas Faria Ill, Mayor
ATTEST:

Lucille L. Mallonee, City Clerk
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COMMUNITY AND ECONOMIC DEVELOPMENT DEPARTMENT
Date: April 29, 2022
Regarding: Notice of Public Hearing
Proposal: Mobile Food Vendor Permit #2022-03 - Casta Dolores Amador Romero ( dba Casa de Churro y Osita Hot Dogs)
NOTICE IS HEREBY GIVEN THAT a Public Hearing will be held by the Los Banos Planning Commission to consider a Categorical Exemption from the California Environmental Quality Act (CEQA) and a Mobile Food Vendor Permit #2022-03 to allow the operation of a mobile food vending vehicle on private property for Casta Dolores Amador Romero dba Casa de Churro y Osita Hot Dogs. The subject property is located within the Highway Commercial Zoning District at 2169 E. Pacheco Blvd., more specifically identified as Assessor's Parcel Number: 083-140-008.

A PUBLIC HEARING on this matter will be held at the next scheduled meeting of the Los Banos Planning Commission on Wednesday, May 11, 2022 at 6:00 p.m. in the Council Chambers of Los Banos City Hall, located at 520 "J" Street, Los Banos, California. Questions regarding the above-referenced item may be directed to Rudy Luquin, Associate Planner, at City Hall or at (209) 827-2432.

All persons are invited to be present at the public hearing. Written and oral testimony is invited. Notice is hereby further given that if you challenge the above described Project in court, you may be limited to raising only those issues you or someone else raised at the public hearing described in this Notice, or in written correspondence delivered to the Planning Commission at, or prior to, the public hearing.

Additional information may be obtained from the Community & Economic Development Department at 520 J Street, Los Banos, California. In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the Office of the City Clerk at (209) 827-7000. Notification at least 72 hours prior to the public hearing will enable the City to make reasonable arrangements to allow participation at this hearing

THE CITY
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COMMUNITY AND ECONOMIC DEVELOPMENT DEPARTMENT
Date: April 29, 2022
Regarding: Notice of Public Hearing
Proposal: Conditional Use Permit #2022-01 - Spray Booth NOTICE IS HEREBY GIVEN THAT a Public Hearing will be held by the Los Banos Planning Commission to consider a Categorical Exemption from the California Environmental Quality Act (CEQA) and a Conditional Use Permit to allow the operation of a spray booth for auto restoration for Speedy Auto Service, LLC. The subject property is located in the Highway Commercial Zoning District at 1235 E St., more specifically identified as Assessor's Parcel Number: 025-142- 017.

Los Banos City CouncilMay 4, 2022

Los Banos City Council
May 4, 2022