Menifee City Council
August 20, 2025

City Council Chambers
29844 Haun Road
Menifee, CA 92586
Ricky Estrada, Mayor
Bob Karwin, District 1
Ben Diederich, District 2
Dan Temple, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, August 20, 2025
5:00 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City Attorney
Stephanie Roseen, City Clerk
CLOSED SESSION (5:00 PM)

1. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Pursuant to Government Code Section 54956.9(d)(1)
National Prescription Opiate Litigation,
United States District Court Case No. 1:17­CV­2804

2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Government Code Section 54956.8
Property: APN:335­080­013
Agency Negotiators: Armando Villa, City Manager; Alberto Paivia, Deputy Public Works Director; Diego Guillen, Senior Engineer; Jeffrey Melching, City Attorney; Negotiating Parties: Jesse James, McCall Senior 37
Under Negotiation: Price and terms of payment.

3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 City of Menifee v. City of Perris, Riverside County Superior Court Case No.

CVRI2203040

4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, SIGNIFICANT EXPOSURE TO LITIGATION
Government Code Section 54956.9(d)(2) or (3): Two cases

5. CONFERENCE WITH LEGAL COUNSEL ­ ANTICIPATED LITIGATION, INITIATION OF LITIGATION
Government Code Section 54956.9(d)(4): Two cases
REGULAR MEETING (6:00 PM)

1. CALL TO ORDER

2.  ROLL CALL

3.  WORDS OF INSPIRATION

3.1. Janet Ringleman – VFW Post 1956, Community Affairs Committee Chair

4.  PLEDGE OF ALLEGIANCE

5.  PRESENTATIONS

5.1. Citizen of the Month – Monica Burrola­Carli

5.2. Community Services Update

6. AGENDA APPROVAL OR MODIFICATIONS

7.  PUBLIC COMMENTS (NON­AGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda.  The Ralph M. Brown Act limits the Council’s ability to respon d to comments on non­agendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.

8.  COUNCILMEMBER UPDATES AND COMMENTS

9.  APPROVAL OF MINUTES

9.1 August 6, 2025 Minutes

10.  CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar.  If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.

10.1 Waiver of Reading
RECOMMENDED ACTION

1.  Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.

10.2 Warrant Register
RECOMMENDED ACTION

1.  Ratify and approve the Voucher Lists dated 7/18/2025 and 7/25/2025, the Payroll Register/Other EFTs dated 7/15/2025, 7/16/2025 and 7/18/2025, which have a total budgetary impact of $5,657,753.92.

10.3 Treasurer's Report ­ June 2025
RECOMMENDED ACTION

1.  Receive and file the Quarterly Treasurer’s Report as of June 30, 2025.

10.4 Monthly Public Safety Reports
RECOMMENDED ACTION

1.  Receive and file the Public Safety Reports for June 2025.

10.5 Capital Improvement Program Construction Contract Change Order Quarterly Activity Report
RECOMMENDED ACTION

1.  Receive and file the capital improvement program construction contract change order activity report for the fourth quarter of Fiscal Year 2024/2025.

10.6 Developer Funded California Environmental Quality Act Consultant Update for the Fourth Quarter of Fiscal Year 2024/2025
RECOMMENDED ACTION

1.  Receive and file the fourth quarterly update on executed California Environmental Quality Act consultant contracts for Fiscal Year 2024/2025.

10.7 Fire Marshal Annual Inspection Compliance Report
RECOMMENDED ACTION

1.  Adopt a resolution acknowledging receipt of the Fire Department’s annual report on compliance with the state­mandated inspection requirements for hotels, motels, lodging houses, apartment houses, and private and public schools, as outlined in Senate Bill 1205 and California Health and Safety Code Sections 13145, 13146 and 17921.

10.8 National Opiate Litigation Settlement Fund Allocation RECOMMENDED ACTION

1.  Authorize the City Manager, or his designee, to program the National Opiate Litigation Settlement Funds received through July 16, 2025, for prevention education and intervention programs reaching vulnerable populations including homeless and at­risk youth residing within the City; and

2.  Adopt a Budget Amendment Resolution (BAR) approving an increase in revenue and appropriation of expenditures in the amount of $168,453.02 to the project account as assigned by the Finance Department for the use of the funds received from the Janssen and Distributors Settlements, Allergan, CVS, TEVA, Walgreens and Walmart Settlement Funds.

10.9 Memorandum of Understanding with the Menifee Valley Historical Association RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Memorandum of Understanding (MOU) with the Menifee Valley Historical Association for the collaboration of related community programs through June 30, 2030.

10.10 Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for Bradley Road Bridge Over Salt Creek
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Cooperative Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for a temporary detour of the Salt Creek Trail for the Bradley Road Bridge Over Salt Creek Project, Capital Improvement Program (CIP) Project No. 13­04, for a total amount not­to­exceed $6,000.

10.11 Agreement with Parsons Transportation Group, Inc. for the Ethanac Road/Highway 74 Realignment Feasibility Study Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with Parsons Transportation Group, Inc., for Architectural and Engineering Services for the Ethanac Road/Highway 74 Realignment Feasibility Study Project, Capital Improvement Program (CIP) Project No. 25­13, for a total amount not­to­exceed $399,751.05 through December 31, 2026.

10.12 Agreement with Kimley­Horn, Inc. for Environmental and Civil Design Services for the Murrieta Road Widening Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement (PSA) with Kimley­Horn, Inc. for Architectural and Engineering Services for the Murrieta Road Widening Project, Capital Improvement Program (CIP) Project No. 25­03, for a total amount not­to­exceed $1,472,198 through December 31, 2026.

10.13 Agreement with the Romoland School District for the Grant of a Temporary Construction Easement for the McCall Boulevard Widening Project RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Right­of­Way Contract and Grant of a Temporary Construction Easement, and all exhibits thereof, with the Romoland School District for the McCall Boulevard Widening – Oakhurst Avenue to Junipero Road Project, Capital Improvement Program (CIP) Project No. 22­03, for a total amount not­to­exceed $1,000.

10.14 Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project, Capital Improvement Program (CIP) Project No. 24­16, for a total amount not­to­exceed $159,683.50 through December 31, 2026.

10.15 Public Improvement Agreement, and Bonds for Plot Plan 2018­225 Vista Ridge Apartments, by Luis Navarro
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement and cash securities to guarantee the completion of the required public improvements associated with Plot Plan 2018­225, Vista Ridge Apartments by Luis Navarro, located south of Boulder Rock Place, west of Murrieta Road, east of Amber Rock Drive, and north of Thornton Avenue.

10.16 Public Improvement Agreement, Bonds, Acceptance and 90% Release of Securities for Tract Map Nos. 28786, 28791, 28792, 28793 and 28794 for Quartz Ranch, by Lennar Homes of California, LLC
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement for landscape improvements associated with Quartz Ranch, Tract Map Nos. 28786, 28791, 28792, 28793 and 28794, located on the east and west sides of Evans Road, north of Holland Road, and south of La Piedra Road; and

2.  Accept the public landscape improvements for Quartz Ranch and authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.

10.17 Public Improvement Acceptance and 90% Release of Security for Tract Map 36303, by Lennar Homes of California, Inc.

RECOMMENDED ACTION

1.  Accept the public improvements for streets, drainage, water, sewer, and landscape for Tract Map 36303, located east of Sherman Road and north of Holland Road; and

2.  Authorize the City Engineer to release 90% of the posted securities per the City’s Standard policies.

10.18 Notice of Completion and Acceptance for the City Hall Backup Generator Project RECOMMENDED ACTION

1.  Accept the improvements for Capital Improvement Program (CIP) Project No. 25­11, City Hall Backup Generator located at 29844 Haun Road; and

2.  Authorize the City Clerk to file the Notice of Completion with the Riverside County Recorder's Office.

11.  PUBLIC HEARING ITEMS ­ NONE

12.  DISCUSSION ITEMS

12.1 First Reading and Introduction of an Ordinance Establishing Regulations for Possession of Open Alcoholic Beverage Containers
RECOMMENDED ACTION

1.  Introduce an ordinance repealing and replacing Chapter 11.10 of Title 11 of the Menifee Municipal Code expanding regulations for the possession of alcoholic beverage containers in public places and other specified areas within the City.

12.2 Introduction and First Reading of an Ordinance Adopting the 2025 California Building Standards Codes
RECOMMENDED ACTION

1.  Introduce an ordinance adopting by reference the 2025 Editions of the California Building Code, the California Residential Code, the California Green Building Code, the California Electrical Code, the California Mechanical Code, the California Plumbing Code, the California Energy Code, and the Model Codes with appendices and amendments related thereto, all of which comprise the Buildings and Construction Code of the City of Menifee; and

2.  Set a public hearing date for September 17, 2025, for the second reading and adoption.

12.3 Governance Planning During the Mayor’s Six­Month Military Deployment RECOMMENDED ACTION

1.  Discuss and provide feedback to staff on the timeframe and appointment options for the Mayor Pro Tem and committee and regional board appointments during the Mayor’s deployment with the United States Air Force; and

2.  Designate a member of the City Council to serve as the presiding officer in the absence of the Mayor and Mayor Pro Tem.

12.4 Multi­Jurisdiction City Council Ad Hoc Committee
RECOMMENDED ACTION

1.  Establish and appoint two Councilmembers to the Ethanac Expressway Ad Hoc Committee to work in collaboration with the County of Riverside and the City of Perris to develop a Memorandum of Understanding (MOU) to address issues related to development as well as fire and emergency services along the jurisdictional boundaries shared by the City of Menifee and City of Perris.

13.  CITY ATTORNEY REPORTS

14.  CITY MANAGER REPORTS

15.  FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Naming of Bridge Over Salt Creek – Bradley Rd. Veterans Memorial Bridge (Temple, February 5, 2025) Target Date: October 1, 2025
> Menifee Welcome Monuments (Diederich, March 5, 2025)
Target Date: Spring 2026
> Menifee Fire Department Start Up Fiscal Impact (Karwin, April 2, 2025) Target Date: TBD
> Evaluation of a Menifee Charitable Organization (Estrada, April 16, 2025) Target Date: Spring 2026
> Feasibility of a Regional Sports Park (Diederich, May 7, 2025) Target Date: October 15, 2025
> QUIMBY Fee Amendment Options (Estrada, July 16, 2025) Target Date: Spring 2026

16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.

Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.

Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.

Affidavit of the Posting
I, Stephanie Roseen, do hereby certify, under penalty of perjury, that the Wednesday, August 20, 2025 City Council meeting agenda was posted at least 72 hours prior to the meeting in the following locations per Cal. Gov. Code, § 54954.2, subd. (a)(1): Menifee City Hall, 29844 Haun Road, Kay Ceniceros Community Center, 29995 Evans Road, and the City of Menifee website.

Menifee Mayor and City Council
August 20, 2025
Page
1 of 731

City Council Chambers
29844 Haun Road
Menifee, CA 92586
Ricky Estrada, Mayor
Bob Karwin, District 1
Ben Diederich, District 2
Dan Temple, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, August 20, 2025
5:00 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City Attorney
Stephanie Roseen, City Clerk
CLOSED SESSION (5:00 PM)

1. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Pursuant to Government Code Section 54956.9(d)(1)
National Prescription Opiate Litigation,
United States District Court Case No. 1:17­CV­2804

2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Government Code Section 54956.8
Property: APN:335­080­013
Agency Negotiators: Armando Villa, City Manager; Alberto Paivia, Deputy Public Works Director; Diego Guillen, Senior Engineer; Jeffrey Melching, City Attorney; Negotiating Parties: Jesse James, McCall Senior 37
Under Negotiation: Price and terms of payment.

3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 City of Menifee v. City of Perris, Riverside County Superior Court Case No.

CVRI2203040

4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, SIGNIFICANT EXPOSURE TO LITIGATION
Government Code Section 54956.9(d)(2) or (3): Two cases

5. CONFERENCE WITH LEGAL COUNSEL ­ ANTICIPATED LITIGATION, INITIATION OF LITIGATION
Government Code Section 54956.9(d)(4): Two cases
REGULAR MEETING (6:00 PM)

1. CALL TO ORDER

2.  ROLL CALL

3.  WORDS OF INSPIRATION

3.1. Janet Ringleman – VFW Post 1956, Community Affairs Committee Chair

4.  PLEDGE OF ALLEGIANCE

5.  PRESENTATIONS

5.1. Citizen of the Month – Monica Burrola­Carli

5.2. Community Services Update

6. AGENDA APPROVAL OR MODIFICATIONS

7.  PUBLIC COMMENTS (NON­AGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda.  The Ralph M. Brown Act limits the Council’s ability to respon d to comments on non­agendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.

8.  COUNCILMEMBER UPDATES AND COMMENTS

9.  APPROVAL OF MINUTES

9.1 August 6, 2025 Minutes

10.  CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar.  If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.

10.1 Waiver of Reading
RECOMMENDED ACTION

1.  Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.

10.2 Warrant Register
RECOMMENDED ACTION

1.  Ratify and approve the Voucher Lists dated 7/18/2025 and 7/25/2025, the Payroll Register/Other EFTs dated 7/15/2025, 7/16/2025 and 7/18/2025, which have a total budgetary impact of $5,657,753.92.

10.3 Treasurer's Report ­ June 2025
RECOMMENDED ACTION

1.  Receive and file the Quarterly Treasurer’s Report as of June 30, 2025.

10.4 Monthly Public Safety Reports
RECOMMENDED ACTION

1.  Receive and file the Public Safety Reports for June 2025.

10.5 Capital Improvement Program Construction Contract Change Order Quarterly Activity Report
RECOMMENDED ACTION

1.  Receive and file the capital improvement program construction contract change order activity report for the fourth quarter of Fiscal Year 2024/2025.

10.6 Developer Funded California Environmental Quality Act Consultant Update for the Fourth Quarter of Fiscal Year 2024/2025
RECOMMENDED ACTION

1.  Receive and file the fourth quarterly update on executed California Environmental Quality Act consultant contracts for Fiscal Year 2024/2025.

10.7 Fire Marshal Annual Inspection Compliance Report
RECOMMENDED ACTION

1.  Adopt a resolution acknowledging receipt of the Fire Department’s annual report on compliance with the state­mandated inspection requirements for hotels, motels, lodging houses, apartment houses, and private and public schools, as outlined in Senate Bill 1205 and California Health and Safety Code Sections 13145, 13146 and 17921.

10.8 National Opiate Litigation Settlement Fund Allocation RECOMMENDED ACTION

1.  Authorize the City Manager, or his designee, to program the National Opiate Litigation Settlement Funds received through July 16, 2025, for prevention education and intervention programs reaching vulnerable populations including homeless and at­risk youth residing within the City; and

2.  Adopt a Budget Amendment Resolution (BAR) approving an increase in revenue and appropriation of expenditures in the amount of $168,453.02 to the project account as assigned by the Finance Department for the use of the funds received from the Janssen and Distributors Settlements, Allergan, CVS, TEVA, Walgreens and Walmart Settlement Funds.

10.9 Memorandum of Understanding with the Menifee Valley Historical Association RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Memorandum of Understanding (MOU) with the Menifee Valley Historical Association for the collaboration of related community programs through June 30, 2030.

10.10 Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for Bradley Road Bridge Over Salt Creek
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Cooperative Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for a temporary detour of the Salt Creek Trail for the Bradley Road Bridge Over Salt Creek Project, Capital Improvement Program (CIP) Project No. 13­04, for a total amount not­to­exceed $6,000.

10.11 Agreement with Parsons Transportation Group, Inc. for the Ethanac Road/Highway 74 Realignment Feasibility Study Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with Parsons Transportation Group, Inc., for Architectural and Engineering Services for the Ethanac Road/Highway 74 Realignment Feasibility Study Project, Capital Improvement Program (CIP) Project No. 25­13, for a total amount not­to­exceed $399,751.05 through December 31, 2026.

10.12 Agreement with Kimley­Horn, Inc. for Environmental and Civil Design Services for the Murrieta Road Widening Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement (PSA) with Kimley­Horn, Inc. for Architectural and Engineering Services for the Murrieta Road Widening Project, Capital Improvement Program (CIP) Project No. 25­03, for a total amount not­to­exceed $1,472,198 through December 31, 2026.

10.13 Agreement with the Romoland School District for the Grant of a Temporary Construction Easement for the McCall Boulevard Widening Project RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Right­of­Way Contract and Grant of a Temporary Construction Easement, and all exhibits thereof, with the Romoland School District for the McCall Boulevard Widening – Oakhurst Avenue to Junipero Road Project, Capital Improvement Program (CIP) Project No. 22­03, for a total amount not­to­exceed $1,000.

10.14 Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project, Capital Improvement Program (CIP) Project No. 24­16, for a total amount not­to­exceed $159,683.50 through December 31, 2026.

10.15 Public Improvement Agreement, and Bonds for Plot Plan 2018­225 Vista Ridge Apartments, by Luis Navarro
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement and cash securities to guarantee the completion of the required public improvements associated with Plot Plan 2018­225, Vista Ridge Apartments by Luis Navarro, located south of Boulder Rock Place, west of Murrieta Road, east of Amber Rock Drive, and north of Thornton Avenue.

10.16 Public Improvement Agreement, Bonds, Acceptance and 90% Release of Securities for Tract Map Nos. 28786, 28791, 28792, 28793 and 28794 for Quartz Ranch, by Lennar Homes of California, LLC
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement for landscape improvements associated with Quartz Ranch, Tract Map Nos. 28786, 28791, 28792, 28793 and 28794, located on the east and west sides of Evans Road, north of Holland Road, and south of La Piedra Road; and

2.  Accept the public landscape improvements for Quartz Ranch and authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.

10.17 Public Improvement Acceptance and 90% Release of Security for Tract Map 36303, by Lennar Homes of California, Inc.

RECOMMENDED ACTION

1.  Accept the public improvements for streets, drainage, water, sewer, and landscape for Tract Map 36303, located east of Sherman Road and north of Holland Road; and

2.  Authorize the City Engineer to release 90% of the posted securities per the City’s Standard policies.

10.18 Notice of Completion and Acceptance for the City Hall Backup Generator Project RECOMMENDED ACTION

1.  Accept the improvements for Capital Improvement Program (CIP) Project No. 25­11, City Hall Backup Generator located at 29844 Haun Road; and

2.  Authorize the City Clerk to file the Notice of Completion with the Riverside County Recorder's Office.

11.  PUBLIC HEARING ITEMS ­ NONE

12.  DISCUSSION ITEMS

12.1 First Reading and Introduction of an Ordinance Establishing Regulations for Possession of Open Alcoholic Beverage Containers
RECOMMENDED ACTION

1.  Introduce an ordinance repealing and replacing Chapter 11.10 of Title 11 of the Menifee Municipal Code expanding regulations for the possession of alcoholic beverage containers in public places and other specified areas within the City.

12.2 Introduction and First Reading of an Ordinance Adopting the 2025 California Building Standards Codes
RECOMMENDED ACTION

1.  Introduce an ordinance adopting by reference the 2025 Editions of the California Building Code, the California Residential Code, the California Green Building Code, the California Electrical Code, the California Mechanical Code, the California Plumbing Code, the California Energy Code, and the Model Codes with appendices and amendments related thereto, all of which comprise the Buildings and Construction Code of the City of Menifee; and

2.  Set a public hearing date for September 17, 2025, for the second reading and adoption.

12.3 Governance Planning During the Mayor’s Six­Month Military Deployment RECOMMENDED ACTION

1.  Discuss and provide feedback to staff on the timeframe and appointment options for the Mayor Pro Tem and committee and regional board appointments during the Mayor’s deployment with the United States Air Force; and

2.  Designate a member of the City Council to serve as the presiding officer in the absence of the Mayor and Mayor Pro Tem.

12.4 Multi­Jurisdiction City Council Ad Hoc Committee
RECOMMENDED ACTION

1.  Establish and appoint two Councilmembers to the Ethanac Expressway Ad Hoc Committee to work in collaboration with the County of Riverside and the City of Perris to develop a Memorandum of Understanding (MOU) to address issues related to development as well as fire and emergency services along the jurisdictional boundaries shared by the City of Menifee and City of Perris.

13.  CITY ATTORNEY REPORTS

14.  CITY MANAGER REPORTS

15.  FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Naming of Bridge Over Salt Creek – Bradley Rd. Veterans Memorial Bridge (Temple, February 5, 2025) Target Date: October 1, 2025
> Menifee Welcome Monuments (Diederich, March 5, 2025)
Target Date: Spring 2026
> Menifee Fire Department Start Up Fiscal Impact (Karwin, April 2, 2025) Target Date: TBD
> Evaluation of a Menifee Charitable Organization (Estrada, April 16, 2025) Target Date: Spring 2026
> Feasibility of a Regional Sports Park (Diederich, May 7, 2025) Target Date: October 15, 2025
> QUIMBY Fee Amendment Options (Estrada, July 16, 2025) Target Date: Spring 2026

16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.

Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.

Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.

Affidavit of the Posting
I, Stephanie Roseen, do hereby certify, under penalty of perjury, that the Wednesday, August 20, 2025 City Council meeting agenda was posted at least 72 hours prior to the meeting in the following locations per Cal. Gov. Code, § 54954.2, subd. (a)(1): Menifee City Hall, 29844 Haun Road, Kay Ceniceros Community Center, 29995 Evans Road, and the City of Menifee website.

Menifee Mayor and City Council
August 20, 2025
Page
2 of 731

City Council Chambers
29844 Haun Road
Menifee, CA 92586
Ricky Estrada, Mayor
Bob Karwin, District 1
Ben Diederich, District 2
Dan Temple, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, August 20, 2025
5:00 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City Attorney
Stephanie Roseen, City Clerk
CLOSED SESSION (5:00 PM)

1. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Pursuant to Government Code Section 54956.9(d)(1)
National Prescription Opiate Litigation,
United States District Court Case No. 1:17­CV­2804

2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Government Code Section 54956.8
Property: APN:335­080­013
Agency Negotiators: Armando Villa, City Manager; Alberto Paivia, Deputy Public Works Director; Diego Guillen, Senior Engineer; Jeffrey Melching, City Attorney; Negotiating Parties: Jesse James, McCall Senior 37
Under Negotiation: Price and terms of payment.

3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 City of Menifee v. City of Perris, Riverside County Superior Court Case No.

CVRI2203040

4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, SIGNIFICANT EXPOSURE TO LITIGATION
Government Code Section 54956.9(d)(2) or (3): Two cases

5. CONFERENCE WITH LEGAL COUNSEL ­ ANTICIPATED LITIGATION, INITIATION OF LITIGATION
Government Code Section 54956.9(d)(4): Two cases
REGULAR MEETING (6:00 PM)

1. CALL TO ORDER

2.  ROLL CALL

3.  WORDS OF INSPIRATION

3.1. Janet Ringleman – VFW Post 1956, Community Affairs Committee Chair

4.  PLEDGE OF ALLEGIANCE

5.  PRESENTATIONS

5.1. Citizen of the Month – Monica Burrola­Carli

5.2. Community Services Update

6. AGENDA APPROVAL OR MODIFICATIONS

7.  PUBLIC COMMENTS (NON­AGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda.  The Ralph M. Brown Act limits the Council’s ability to respon d to comments on non­agendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.

8.  COUNCILMEMBER UPDATES AND COMMENTS

9.  APPROVAL OF MINUTES

9.1 August 6, 2025 Minutes

10.  CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar.  If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.

10.1 Waiver of Reading
RECOMMENDED ACTION

1.  Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.

10.2 Warrant Register
RECOMMENDED ACTION

1.  Ratify and approve the Voucher Lists dated 7/18/2025 and 7/25/2025, the Payroll Register/Other EFTs dated 7/15/2025, 7/16/2025 and 7/18/2025, which have a total budgetary impact of $5,657,753.92.

10.3 Treasurer's Report ­ June 2025
RECOMMENDED ACTION

1.  Receive and file the Quarterly Treasurer’s Report as of June 30, 2025.

10.4 Monthly Public Safety Reports
RECOMMENDED ACTION

1.  Receive and file the Public Safety Reports for June 2025.

10.5 Capital Improvement Program Construction Contract Change Order Quarterly Activity Report
RECOMMENDED ACTION

1.  Receive and file the capital improvement program construction contract change order activity report for the fourth quarter of Fiscal Year 2024/2025.

10.6 Developer Funded California Environmental Quality Act Consultant Update for the Fourth Quarter of Fiscal Year 2024/2025
RECOMMENDED ACTION

1.  Receive and file the fourth quarterly update on executed California Environmental Quality Act consultant contracts for Fiscal Year 2024/2025.

10.7 Fire Marshal Annual Inspection Compliance Report
RECOMMENDED ACTION

1.  Adopt a resolution acknowledging receipt of the Fire Department’s annual report on compliance with the state­mandated inspection requirements for hotels, motels, lodging houses, apartment houses, and private and public schools, as outlined in Senate Bill 1205 and California Health and Safety Code Sections 13145, 13146 and 17921.

10.8 National Opiate Litigation Settlement Fund Allocation RECOMMENDED ACTION

1.  Authorize the City Manager, or his designee, to program the National Opiate Litigation Settlement Funds received through July 16, 2025, for prevention education and intervention programs reaching vulnerable populations including homeless and at­risk youth residing within the City; and

2.  Adopt a Budget Amendment Resolution (BAR) approving an increase in revenue and appropriation of expenditures in the amount of $168,453.02 to the project account as assigned by the Finance Department for the use of the funds received from the Janssen and Distributors Settlements, Allergan, CVS, TEVA, Walgreens and Walmart Settlement Funds.

10.9 Memorandum of Understanding with the Menifee Valley Historical Association RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Memorandum of Understanding (MOU) with the Menifee Valley Historical Association for the collaboration of related community programs through June 30, 2030.

10.10 Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for Bradley Road Bridge Over Salt Creek
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Cooperative Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for a temporary detour of the Salt Creek Trail for the Bradley Road Bridge Over Salt Creek Project, Capital Improvement Program (CIP) Project No. 13­04, for a total amount not­to­exceed $6,000.

10.11 Agreement with Parsons Transportation Group, Inc. for the Ethanac Road/Highway 74 Realignment Feasibility Study Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with Parsons Transportation Group, Inc., for Architectural and Engineering Services for the Ethanac Road/Highway 74 Realignment Feasibility Study Project, Capital Improvement Program (CIP) Project No. 25­13, for a total amount not­to­exceed $399,751.05 through December 31, 2026.

10.12 Agreement with Kimley­Horn, Inc. for Environmental and Civil Design Services for the Murrieta Road Widening Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement (PSA) with Kimley­Horn, Inc. for Architectural and Engineering Services for the Murrieta Road Widening Project, Capital Improvement Program (CIP) Project No. 25­03, for a total amount not­to­exceed $1,472,198 through December 31, 2026.

10.13 Agreement with the Romoland School District for the Grant of a Temporary Construction Easement for the McCall Boulevard Widening Project RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Right­of­Way Contract and Grant of a Temporary Construction Easement, and all exhibits thereof, with the Romoland School District for the McCall Boulevard Widening – Oakhurst Avenue to Junipero Road Project, Capital Improvement Program (CIP) Project No. 22­03, for a total amount not­to­exceed $1,000.

10.14 Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project, Capital Improvement Program (CIP) Project No. 24­16, for a total amount not­to­exceed $159,683.50 through December 31, 2026.

10.15 Public Improvement Agreement, and Bonds for Plot Plan 2018­225 Vista Ridge Apartments, by Luis Navarro
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement and cash securities to guarantee the completion of the required public improvements associated with Plot Plan 2018­225, Vista Ridge Apartments by Luis Navarro, located south of Boulder Rock Place, west of Murrieta Road, east of Amber Rock Drive, and north of Thornton Avenue.

10.16 Public Improvement Agreement, Bonds, Acceptance and 90% Release of Securities for Tract Map Nos. 28786, 28791, 28792, 28793 and 28794 for Quartz Ranch, by Lennar Homes of California, LLC
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement for landscape improvements associated with Quartz Ranch, Tract Map Nos. 28786, 28791, 28792, 28793 and 28794, located on the east and west sides of Evans Road, north of Holland Road, and south of La Piedra Road; and

2.  Accept the public landscape improvements for Quartz Ranch and authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.

10.17 Public Improvement Acceptance and 90% Release of Security for Tract Map 36303, by Lennar Homes of California, Inc.

RECOMMENDED ACTION

1.  Accept the public improvements for streets, drainage, water, sewer, and landscape for Tract Map 36303, located east of Sherman Road and north of Holland Road; and

2.  Authorize the City Engineer to release 90% of the posted securities per the City’s Standard policies.

10.18 Notice of Completion and Acceptance for the City Hall Backup Generator Project RECOMMENDED ACTION

1.  Accept the improvements for Capital Improvement Program (CIP) Project No. 25­11, City Hall Backup Generator located at 29844 Haun Road; and

2.  Authorize the City Clerk to file the Notice of Completion with the Riverside County Recorder's Office.

11.  PUBLIC HEARING ITEMS ­ NONE

12.  DISCUSSION ITEMS

12.1 First Reading and Introduction of an Ordinance Establishing Regulations for Possession of Open Alcoholic Beverage Containers
RECOMMENDED ACTION

1.  Introduce an ordinance repealing and replacing Chapter 11.10 of Title 11 of the Menifee Municipal Code expanding regulations for the possession of alcoholic beverage containers in public places and other specified areas within the City.

12.2 Introduction and First Reading of an Ordinance Adopting the 2025 California Building Standards Codes
RECOMMENDED ACTION

1.  Introduce an ordinance adopting by reference the 2025 Editions of the California Building Code, the California Residential Code, the California Green Building Code, the California Electrical Code, the California Mechanical Code, the California Plumbing Code, the California Energy Code, and the Model Codes with appendices and amendments related thereto, all of which comprise the Buildings and Construction Code of the City of Menifee; and

2.  Set a public hearing date for September 17, 2025, for the second reading and adoption.

12.3 Governance Planning During the Mayor’s Six­Month Military Deployment RECOMMENDED ACTION

1.  Discuss and provide feedback to staff on the timeframe and appointment options for the Mayor Pro Tem and committee and regional board appointments during the Mayor’s deployment with the United States Air Force; and

2.  Designate a member of the City Council to serve as the presiding officer in the absence of the Mayor and Mayor Pro Tem.

12.4 Multi­Jurisdiction City Council Ad Hoc Committee
RECOMMENDED ACTION

1.  Establish and appoint two Councilmembers to the Ethanac Expressway Ad Hoc Committee to work in collaboration with the County of Riverside and the City of Perris to develop a Memorandum of Understanding (MOU) to address issues related to development as well as fire and emergency services along the jurisdictional boundaries shared by the City of Menifee and City of Perris.

13.  CITY ATTORNEY REPORTS

14.  CITY MANAGER REPORTS

15.  FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Naming of Bridge Over Salt Creek – Bradley Rd. Veterans Memorial Bridge (Temple, February 5, 2025) Target Date: October 1, 2025
> Menifee Welcome Monuments (Diederich, March 5, 2025)
Target Date: Spring 2026
> Menifee Fire Department Start Up Fiscal Impact (Karwin, April 2, 2025) Target Date: TBD
> Evaluation of a Menifee Charitable Organization (Estrada, April 16, 2025) Target Date: Spring 2026
> Feasibility of a Regional Sports Park (Diederich, May 7, 2025) Target Date: October 15, 2025
> QUIMBY Fee Amendment Options (Estrada, July 16, 2025) Target Date: Spring 2026

16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.

Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.

Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.

Affidavit of the Posting
I, Stephanie Roseen, do hereby certify, under penalty of perjury, that the Wednesday, August 20, 2025 City Council meeting agenda was posted at least 72 hours prior to the meeting in the following locations per Cal. Gov. Code, § 54954.2, subd. (a)(1): Menifee City Hall, 29844 Haun Road, Kay Ceniceros Community Center, 29995 Evans Road, and the City of Menifee website.

Menifee Mayor and City Council
August 20, 2025
Page
3 of 731

City Council Chambers
29844 Haun Road
Menifee, CA 92586
Ricky Estrada, Mayor
Bob Karwin, District 1
Ben Diederich, District 2
Dan Temple, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, August 20, 2025
5:00 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City Attorney
Stephanie Roseen, City Clerk
CLOSED SESSION (5:00 PM)

1. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Pursuant to Government Code Section 54956.9(d)(1)
National Prescription Opiate Litigation,
United States District Court Case No. 1:17­CV­2804

2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Government Code Section 54956.8
Property: APN:335­080­013
Agency Negotiators: Armando Villa, City Manager; Alberto Paivia, Deputy Public Works Director; Diego Guillen, Senior Engineer; Jeffrey Melching, City Attorney; Negotiating Parties: Jesse James, McCall Senior 37
Under Negotiation: Price and terms of payment.

3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 City of Menifee v. City of Perris, Riverside County Superior Court Case No.

CVRI2203040

4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, SIGNIFICANT EXPOSURE TO LITIGATION
Government Code Section 54956.9(d)(2) or (3): Two cases

5. CONFERENCE WITH LEGAL COUNSEL ­ ANTICIPATED LITIGATION, INITIATION OF LITIGATION
Government Code Section 54956.9(d)(4): Two cases
REGULAR MEETING (6:00 PM)

1. CALL TO ORDER

2.  ROLL CALL

3.  WORDS OF INSPIRATION

3.1. Janet Ringleman – VFW Post 1956, Community Affairs Committee Chair

4.  PLEDGE OF ALLEGIANCE

5.  PRESENTATIONS

5.1. Citizen of the Month – Monica Burrola­Carli

5.2. Community Services Update

6. AGENDA APPROVAL OR MODIFICATIONS

7.  PUBLIC COMMENTS (NON­AGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda.  The Ralph M. Brown Act limits the Council’s ability to respon d to comments on non­agendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.

8.  COUNCILMEMBER UPDATES AND COMMENTS

9.  APPROVAL OF MINUTES

9.1 August 6, 2025 Minutes

10.  CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar.  If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.

10.1 Waiver of Reading
RECOMMENDED ACTION

1.  Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.

10.2 Warrant Register
RECOMMENDED ACTION

1.  Ratify and approve the Voucher Lists dated 7/18/2025 and 7/25/2025, the Payroll Register/Other EFTs dated 7/15/2025, 7/16/2025 and 7/18/2025, which have a total budgetary impact of $5,657,753.92.

10.3 Treasurer's Report ­ June 2025
RECOMMENDED ACTION

1.  Receive and file the Quarterly Treasurer’s Report as of June 30, 2025.

10.4 Monthly Public Safety Reports
RECOMMENDED ACTION

1.  Receive and file the Public Safety Reports for June 2025.

10.5 Capital Improvement Program Construction Contract Change Order Quarterly Activity Report
RECOMMENDED ACTION

1.  Receive and file the capital improvement program construction contract change order activity report for the fourth quarter of Fiscal Year 2024/2025.

10.6 Developer Funded California Environmental Quality Act Consultant Update for the Fourth Quarter of Fiscal Year 2024/2025
RECOMMENDED ACTION

1.  Receive and file the fourth quarterly update on executed California Environmental Quality Act consultant contracts for Fiscal Year 2024/2025.

10.7 Fire Marshal Annual Inspection Compliance Report
RECOMMENDED ACTION

1.  Adopt a resolution acknowledging receipt of the Fire Department’s annual report on compliance with the state­mandated inspection requirements for hotels, motels, lodging houses, apartment houses, and private and public schools, as outlined in Senate Bill 1205 and California Health and Safety Code Sections 13145, 13146 and 17921.

10.8 National Opiate Litigation Settlement Fund Allocation RECOMMENDED ACTION

1.  Authorize the City Manager, or his designee, to program the National Opiate Litigation Settlement Funds received through July 16, 2025, for prevention education and intervention programs reaching vulnerable populations including homeless and at­risk youth residing within the City; and

2.  Adopt a Budget Amendment Resolution (BAR) approving an increase in revenue and appropriation of expenditures in the amount of $168,453.02 to the project account as assigned by the Finance Department for the use of the funds received from the Janssen and Distributors Settlements, Allergan, CVS, TEVA, Walgreens and Walmart Settlement Funds.

10.9 Memorandum of Understanding with the Menifee Valley Historical Association RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Memorandum of Understanding (MOU) with the Menifee Valley Historical Association for the collaboration of related community programs through June 30, 2030.

10.10 Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for Bradley Road Bridge Over Salt Creek
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Cooperative Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for a temporary detour of the Salt Creek Trail for the Bradley Road Bridge Over Salt Creek Project, Capital Improvement Program (CIP) Project No. 13­04, for a total amount not­to­exceed $6,000.

10.11 Agreement with Parsons Transportation Group, Inc. for the Ethanac Road/Highway 74 Realignment Feasibility Study Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with Parsons Transportation Group, Inc., for Architectural and Engineering Services for the Ethanac Road/Highway 74 Realignment Feasibility Study Project, Capital Improvement Program (CIP) Project No. 25­13, for a total amount not­to­exceed $399,751.05 through December 31, 2026.

10.12 Agreement with Kimley­Horn, Inc. for Environmental and Civil Design Services for the Murrieta Road Widening Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement (PSA) with Kimley­Horn, Inc. for Architectural and Engineering Services for the Murrieta Road Widening Project, Capital Improvement Program (CIP) Project No. 25­03, for a total amount not­to­exceed $1,472,198 through December 31, 2026.

10.13 Agreement with the Romoland School District for the Grant of a Temporary Construction Easement for the McCall Boulevard Widening Project RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Right­of­Way Contract and Grant of a Temporary Construction Easement, and all exhibits thereof, with the Romoland School District for the McCall Boulevard Widening – Oakhurst Avenue to Junipero Road Project, Capital Improvement Program (CIP) Project No. 22­03, for a total amount not­to­exceed $1,000.

10.14 Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project, Capital Improvement Program (CIP) Project No. 24­16, for a total amount not­to­exceed $159,683.50 through December 31, 2026.

10.15 Public Improvement Agreement, and Bonds for Plot Plan 2018­225 Vista Ridge Apartments, by Luis Navarro
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement and cash securities to guarantee the completion of the required public improvements associated with Plot Plan 2018­225, Vista Ridge Apartments by Luis Navarro, located south of Boulder Rock Place, west of Murrieta Road, east of Amber Rock Drive, and north of Thornton Avenue.

10.16 Public Improvement Agreement, Bonds, Acceptance and 90% Release of Securities for Tract Map Nos. 28786, 28791, 28792, 28793 and 28794 for Quartz Ranch, by Lennar Homes of California, LLC
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement for landscape improvements associated with Quartz Ranch, Tract Map Nos. 28786, 28791, 28792, 28793 and 28794, located on the east and west sides of Evans Road, north of Holland Road, and south of La Piedra Road; and

2.  Accept the public landscape improvements for Quartz Ranch and authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.

10.17 Public Improvement Acceptance and 90% Release of Security for Tract Map 36303, by Lennar Homes of California, Inc.

RECOMMENDED ACTION

1.  Accept the public improvements for streets, drainage, water, sewer, and landscape for Tract Map 36303, located east of Sherman Road and north of Holland Road; and

2.  Authorize the City Engineer to release 90% of the posted securities per the City’s Standard policies.

10.18 Notice of Completion and Acceptance for the City Hall Backup Generator Project RECOMMENDED ACTION

1.  Accept the improvements for Capital Improvement Program (CIP) Project No. 25­11, City Hall Backup Generator located at 29844 Haun Road; and

2.  Authorize the City Clerk to file the Notice of Completion with the Riverside County Recorder's Office.

11.  PUBLIC HEARING ITEMS ­ NONE

12.  DISCUSSION ITEMS

12.1 First Reading and Introduction of an Ordinance Establishing Regulations for Possession of Open Alcoholic Beverage Containers
RECOMMENDED ACTION

1.  Introduce an ordinance repealing and replacing Chapter 11.10 of Title 11 of the Menifee Municipal Code expanding regulations for the possession of alcoholic beverage containers in public places and other specified areas within the City.

12.2 Introduction and First Reading of an Ordinance Adopting the 2025 California Building Standards Codes
RECOMMENDED ACTION

1.  Introduce an ordinance adopting by reference the 2025 Editions of the California Building Code, the California Residential Code, the California Green Building Code, the California Electrical Code, the California Mechanical Code, the California Plumbing Code, the California Energy Code, and the Model Codes with appendices and amendments related thereto, all of which comprise the Buildings and Construction Code of the City of Menifee; and

2.  Set a public hearing date for September 17, 2025, for the second reading and adoption.

12.3 Governance Planning During the Mayor’s Six­Month Military Deployment RECOMMENDED ACTION

1.  Discuss and provide feedback to staff on the timeframe and appointment options for the Mayor Pro Tem and committee and regional board appointments during the Mayor’s deployment with the United States Air Force; and

2.  Designate a member of the City Council to serve as the presiding officer in the absence of the Mayor and Mayor Pro Tem.

12.4 Multi­Jurisdiction City Council Ad Hoc Committee
RECOMMENDED ACTION

1.  Establish and appoint two Councilmembers to the Ethanac Expressway Ad Hoc Committee to work in collaboration with the County of Riverside and the City of Perris to develop a Memorandum of Understanding (MOU) to address issues related to development as well as fire and emergency services along the jurisdictional boundaries shared by the City of Menifee and City of Perris.

13.  CITY ATTORNEY REPORTS

14.  CITY MANAGER REPORTS

15.  FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Naming of Bridge Over Salt Creek – Bradley Rd. Veterans Memorial Bridge (Temple, February 5, 2025) Target Date: October 1, 2025
> Menifee Welcome Monuments (Diederich, March 5, 2025)
Target Date: Spring 2026
> Menifee Fire Department Start Up Fiscal Impact (Karwin, April 2, 2025) Target Date: TBD
> Evaluation of a Menifee Charitable Organization (Estrada, April 16, 2025) Target Date: Spring 2026
> Feasibility of a Regional Sports Park (Diederich, May 7, 2025) Target Date: October 15, 2025
> QUIMBY Fee Amendment Options (Estrada, July 16, 2025) Target Date: Spring 2026

16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.

Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.

Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.

Affidavit of the Posting
I, Stephanie Roseen, do hereby certify, under penalty of perjury, that the Wednesday, August 20, 2025 City Council meeting agenda was posted at least 72 hours prior to the meeting in the following locations per Cal. Gov. Code, § 54954.2, subd. (a)(1): Menifee City Hall, 29844 Haun Road, Kay Ceniceros Community Center, 29995 Evans Road, and the City of Menifee website.

Menifee Mayor and City Council
August 20, 2025
Page
4 of 731

City Council Chambers
29844 Haun Road
Menifee, CA 92586
Ricky Estrada, Mayor
Bob Karwin, District 1
Ben Diederich, District 2
Dan Temple, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, August 20, 2025
5:00 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City Attorney
Stephanie Roseen, City Clerk
CLOSED SESSION (5:00 PM)

1. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Pursuant to Government Code Section 54956.9(d)(1)
National Prescription Opiate Litigation,
United States District Court Case No. 1:17­CV­2804

2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Government Code Section 54956.8
Property: APN:335­080­013
Agency Negotiators: Armando Villa, City Manager; Alberto Paivia, Deputy Public Works Director; Diego Guillen, Senior Engineer; Jeffrey Melching, City Attorney; Negotiating Parties: Jesse James, McCall Senior 37
Under Negotiation: Price and terms of payment.

3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 City of Menifee v. City of Perris, Riverside County Superior Court Case No.

CVRI2203040

4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, SIGNIFICANT EXPOSURE TO LITIGATION
Government Code Section 54956.9(d)(2) or (3): Two cases

5. CONFERENCE WITH LEGAL COUNSEL ­ ANTICIPATED LITIGATION, INITIATION OF LITIGATION
Government Code Section 54956.9(d)(4): Two cases
REGULAR MEETING (6:00 PM)

1. CALL TO ORDER

2.  ROLL CALL

3.  WORDS OF INSPIRATION

3.1. Janet Ringleman – VFW Post 1956, Community Affairs Committee Chair

4.  PLEDGE OF ALLEGIANCE

5.  PRESENTATIONS

5.1. Citizen of the Month – Monica Burrola­Carli

5.2. Community Services Update

6. AGENDA APPROVAL OR MODIFICATIONS

7.  PUBLIC COMMENTS (NON­AGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda.  The Ralph M. Brown Act limits the Council’s ability to respon d to comments on non­agendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.

8.  COUNCILMEMBER UPDATES AND COMMENTS

9.  APPROVAL OF MINUTES

9.1 August 6, 2025 Minutes

10.  CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar.  If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.

10.1 Waiver of Reading
RECOMMENDED ACTION

1.  Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.

10.2 Warrant Register
RECOMMENDED ACTION

1.  Ratify and approve the Voucher Lists dated 7/18/2025 and 7/25/2025, the Payroll Register/Other EFTs dated 7/15/2025, 7/16/2025 and 7/18/2025, which have a total budgetary impact of $5,657,753.92.

10.3 Treasurer's Report ­ June 2025
RECOMMENDED ACTION

1.  Receive and file the Quarterly Treasurer’s Report as of June 30, 2025.

10.4 Monthly Public Safety Reports
RECOMMENDED ACTION

1.  Receive and file the Public Safety Reports for June 2025.

10.5 Capital Improvement Program Construction Contract Change Order Quarterly Activity Report
RECOMMENDED ACTION

1.  Receive and file the capital improvement program construction contract change order activity report for the fourth quarter of Fiscal Year 2024/2025.

10.6 Developer Funded California Environmental Quality Act Consultant Update for the Fourth Quarter of Fiscal Year 2024/2025
RECOMMENDED ACTION

1.  Receive and file the fourth quarterly update on executed California Environmental Quality Act consultant contracts for Fiscal Year 2024/2025.

10.7 Fire Marshal Annual Inspection Compliance Report
RECOMMENDED ACTION

1.  Adopt a resolution acknowledging receipt of the Fire Department’s annual report on compliance with the state­mandated inspection requirements for hotels, motels, lodging houses, apartment houses, and private and public schools, as outlined in Senate Bill 1205 and California Health and Safety Code Sections 13145, 13146 and 17921.

10.8 National Opiate Litigation Settlement Fund Allocation RECOMMENDED ACTION

1.  Authorize the City Manager, or his designee, to program the National Opiate Litigation Settlement Funds received through July 16, 2025, for prevention education and intervention programs reaching vulnerable populations including homeless and at­risk youth residing within the City; and

2.  Adopt a Budget Amendment Resolution (BAR) approving an increase in revenue and appropriation of expenditures in the amount of $168,453.02 to the project account as assigned by the Finance Department for the use of the funds received from the Janssen and Distributors Settlements, Allergan, CVS, TEVA, Walgreens and Walmart Settlement Funds.

10.9 Memorandum of Understanding with the Menifee Valley Historical Association RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Memorandum of Understanding (MOU) with the Menifee Valley Historical Association for the collaboration of related community programs through June 30, 2030.

10.10 Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for Bradley Road Bridge Over Salt Creek
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Cooperative Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for a temporary detour of the Salt Creek Trail for the Bradley Road Bridge Over Salt Creek Project, Capital Improvement Program (CIP) Project No. 13­04, for a total amount not­to­exceed $6,000.

10.11 Agreement with Parsons Transportation Group, Inc. for the Ethanac Road/Highway 74 Realignment Feasibility Study Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with Parsons Transportation Group, Inc., for Architectural and Engineering Services for the Ethanac Road/Highway 74 Realignment Feasibility Study Project, Capital Improvement Program (CIP) Project No. 25­13, for a total amount not­to­exceed $399,751.05 through December 31, 2026.

10.12 Agreement with Kimley­Horn, Inc. for Environmental and Civil Design Services for the Murrieta Road Widening Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement (PSA) with Kimley­Horn, Inc. for Architectural and Engineering Services for the Murrieta Road Widening Project, Capital Improvement Program (CIP) Project No. 25­03, for a total amount not­to­exceed $1,472,198 through December 31, 2026.

10.13 Agreement with the Romoland School District for the Grant of a Temporary Construction Easement for the McCall Boulevard Widening Project RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Right­of­Way Contract and Grant of a Temporary Construction Easement, and all exhibits thereof, with the Romoland School District for the McCall Boulevard Widening – Oakhurst Avenue to Junipero Road Project, Capital Improvement Program (CIP) Project No. 22­03, for a total amount not­to­exceed $1,000.

10.14 Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project, Capital Improvement Program (CIP) Project No. 24­16, for a total amount not­to­exceed $159,683.50 through December 31, 2026.

10.15 Public Improvement Agreement, and Bonds for Plot Plan 2018­225 Vista Ridge Apartments, by Luis Navarro
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement and cash securities to guarantee the completion of the required public improvements associated with Plot Plan 2018­225, Vista Ridge Apartments by Luis Navarro, located south of Boulder Rock Place, west of Murrieta Road, east of Amber Rock Drive, and north of Thornton Avenue.

10.16 Public Improvement Agreement, Bonds, Acceptance and 90% Release of Securities for Tract Map Nos. 28786, 28791, 28792, 28793 and 28794 for Quartz Ranch, by Lennar Homes of California, LLC
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement for landscape improvements associated with Quartz Ranch, Tract Map Nos. 28786, 28791, 28792, 28793 and 28794, located on the east and west sides of Evans Road, north of Holland Road, and south of La Piedra Road; and

2.  Accept the public landscape improvements for Quartz Ranch and authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.

10.17 Public Improvement Acceptance and 90% Release of Security for Tract Map 36303, by Lennar Homes of California, Inc.

RECOMMENDED ACTION

1.  Accept the public improvements for streets, drainage, water, sewer, and landscape for Tract Map 36303, located east of Sherman Road and north of Holland Road; and

2.  Authorize the City Engineer to release 90% of the posted securities per the City’s Standard policies.

10.18 Notice of Completion and Acceptance for the City Hall Backup Generator Project RECOMMENDED ACTION

1.  Accept the improvements for Capital Improvement Program (CIP) Project No. 25­11, City Hall Backup Generator located at 29844 Haun Road; and

2.  Authorize the City Clerk to file the Notice of Completion with the Riverside County Recorder's Office.

11.  PUBLIC HEARING ITEMS ­ NONE

12.  DISCUSSION ITEMS

12.1 First Reading and Introduction of an Ordinance Establishing Regulations for Possession of Open Alcoholic Beverage Containers
RECOMMENDED ACTION

1.  Introduce an ordinance repealing and replacing Chapter 11.10 of Title 11 of the Menifee Municipal Code expanding regulations for the possession of alcoholic beverage containers in public places and other specified areas within the City.

12.2 Introduction and First Reading of an Ordinance Adopting the 2025 California Building Standards Codes
RECOMMENDED ACTION

1.  Introduce an ordinance adopting by reference the 2025 Editions of the California Building Code, the California Residential Code, the California Green Building Code, the California Electrical Code, the California Mechanical Code, the California Plumbing Code, the California Energy Code, and the Model Codes with appendices and amendments related thereto, all of which comprise the Buildings and Construction Code of the City of Menifee; and

2.  Set a public hearing date for September 17, 2025, for the second reading and adoption.

12.3 Governance Planning During the Mayor’s Six­Month Military Deployment RECOMMENDED ACTION

1.  Discuss and provide feedback to staff on the timeframe and appointment options for the Mayor Pro Tem and committee and regional board appointments during the Mayor’s deployment with the United States Air Force; and

2.  Designate a member of the City Council to serve as the presiding officer in the absence of the Mayor and Mayor Pro Tem.

12.4 Multi­Jurisdiction City Council Ad Hoc Committee
RECOMMENDED ACTION

1.  Establish and appoint two Councilmembers to the Ethanac Expressway Ad Hoc Committee to work in collaboration with the County of Riverside and the City of Perris to develop a Memorandum of Understanding (MOU) to address issues related to development as well as fire and emergency services along the jurisdictional boundaries shared by the City of Menifee and City of Perris.

13.  CITY ATTORNEY REPORTS

14.  CITY MANAGER REPORTS

15.  FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Naming of Bridge Over Salt Creek – Bradley Rd. Veterans Memorial Bridge (Temple, February 5, 2025) Target Date: October 1, 2025
> Menifee Welcome Monuments (Diederich, March 5, 2025)
Target Date: Spring 2026
> Menifee Fire Department Start Up Fiscal Impact (Karwin, April 2, 2025) Target Date: TBD
> Evaluation of a Menifee Charitable Organization (Estrada, April 16, 2025) Target Date: Spring 2026
> Feasibility of a Regional Sports Park (Diederich, May 7, 2025) Target Date: October 15, 2025
> QUIMBY Fee Amendment Options (Estrada, July 16, 2025) Target Date: Spring 2026

16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.

Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.

Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.

Affidavit of the Posting
I, Stephanie Roseen, do hereby certify, under penalty of perjury, that the Wednesday, August 20, 2025 City Council meeting agenda was posted at least 72 hours prior to the meeting in the following locations per Cal. Gov. Code, § 54954.2, subd. (a)(1): Menifee City Hall, 29844 Haun Road, Kay Ceniceros Community Center, 29995 Evans Road, and the City of Menifee website.

Menifee Mayor and City Council
August 20, 2025
Page
5 of 731

City Council Chambers
29844 Haun Road
Menifee, CA 92586
Ricky Estrada, Mayor
Bob Karwin, District 1
Ben Diederich, District 2
Dan Temple, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, August 20, 2025
5:00 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City Attorney
Stephanie Roseen, City Clerk
CLOSED SESSION (5:00 PM)

1. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Pursuant to Government Code Section 54956.9(d)(1)
National Prescription Opiate Litigation,
United States District Court Case No. 1:17­CV­2804

2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Government Code Section 54956.8
Property: APN:335­080­013
Agency Negotiators: Armando Villa, City Manager; Alberto Paivia, Deputy Public Works Director; Diego Guillen, Senior Engineer; Jeffrey Melching, City Attorney; Negotiating Parties: Jesse James, McCall Senior 37
Under Negotiation: Price and terms of payment.

3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 City of Menifee v. City of Perris, Riverside County Superior Court Case No.

CVRI2203040

4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, SIGNIFICANT EXPOSURE TO LITIGATION
Government Code Section 54956.9(d)(2) or (3): Two cases

5. CONFERENCE WITH LEGAL COUNSEL ­ ANTICIPATED LITIGATION, INITIATION OF LITIGATION
Government Code Section 54956.9(d)(4): Two cases
REGULAR MEETING (6:00 PM)

1. CALL TO ORDER

2.  ROLL CALL

3.  WORDS OF INSPIRATION

3.1. Janet Ringleman – VFW Post 1956, Community Affairs Committee Chair

4.  PLEDGE OF ALLEGIANCE

5.  PRESENTATIONS

5.1. Citizen of the Month – Monica Burrola­Carli

5.2. Community Services Update

6. AGENDA APPROVAL OR MODIFICATIONS

7.  PUBLIC COMMENTS (NON­AGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda.  The Ralph M. Brown Act limits the Council’s ability to respon d to comments on non­agendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.

8.  COUNCILMEMBER UPDATES AND COMMENTS

9.  APPROVAL OF MINUTES

9.1 August 6, 2025 Minutes

10.  CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar.  If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.

10.1 Waiver of Reading
RECOMMENDED ACTION

1.  Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.

10.2 Warrant Register
RECOMMENDED ACTION

1.  Ratify and approve the Voucher Lists dated 7/18/2025 and 7/25/2025, the Payroll Register/Other EFTs dated 7/15/2025, 7/16/2025 and 7/18/2025, which have a total budgetary impact of $5,657,753.92.

10.3 Treasurer's Report ­ June 2025
RECOMMENDED ACTION

1.  Receive and file the Quarterly Treasurer’s Report as of June 30, 2025.

10.4 Monthly Public Safety Reports
RECOMMENDED ACTION

1.  Receive and file the Public Safety Reports for June 2025.

10.5 Capital Improvement Program Construction Contract Change Order Quarterly Activity Report
RECOMMENDED ACTION

1.  Receive and file the capital improvement program construction contract change order activity report for the fourth quarter of Fiscal Year 2024/2025.

10.6 Developer Funded California Environmental Quality Act Consultant Update for the Fourth Quarter of Fiscal Year 2024/2025
RECOMMENDED ACTION

1.  Receive and file the fourth quarterly update on executed California Environmental Quality Act consultant contracts for Fiscal Year 2024/2025.

10.7 Fire Marshal Annual Inspection Compliance Report
RECOMMENDED ACTION

1.  Adopt a resolution acknowledging receipt of the Fire Department’s annual report on compliance with the state­mandated inspection requirements for hotels, motels, lodging houses, apartment houses, and private and public schools, as outlined in Senate Bill 1205 and California Health and Safety Code Sections 13145, 13146 and 17921.

10.8 National Opiate Litigation Settlement Fund Allocation RECOMMENDED ACTION

1.  Authorize the City Manager, or his designee, to program the National Opiate Litigation Settlement Funds received through July 16, 2025, for prevention education and intervention programs reaching vulnerable populations including homeless and at­risk youth residing within the City; and

2.  Adopt a Budget Amendment Resolution (BAR) approving an increase in revenue and appropriation of expenditures in the amount of $168,453.02 to the project account as assigned by the Finance Department for the use of the funds received from the Janssen and Distributors Settlements, Allergan, CVS, TEVA, Walgreens and Walmart Settlement Funds.

10.9 Memorandum of Understanding with the Menifee Valley Historical Association RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Memorandum of Understanding (MOU) with the Menifee Valley Historical Association for the collaboration of related community programs through June 30, 2030.

10.10 Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for Bradley Road Bridge Over Salt Creek
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Cooperative Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for a temporary detour of the Salt Creek Trail for the Bradley Road Bridge Over Salt Creek Project, Capital Improvement Program (CIP) Project No. 13­04, for a total amount not­to­exceed $6,000.

10.11 Agreement with Parsons Transportation Group, Inc. for the Ethanac Road/Highway 74 Realignment Feasibility Study Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with Parsons Transportation Group, Inc., for Architectural and Engineering Services for the Ethanac Road/Highway 74 Realignment Feasibility Study Project, Capital Improvement Program (CIP) Project No. 25­13, for a total amount not­to­exceed $399,751.05 through December 31, 2026.

10.12 Agreement with Kimley­Horn, Inc. for Environmental and Civil Design Services for the Murrieta Road Widening Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement (PSA) with Kimley­Horn, Inc. for Architectural and Engineering Services for the Murrieta Road Widening Project, Capital Improvement Program (CIP) Project No. 25­03, for a total amount not­to­exceed $1,472,198 through December 31, 2026.

10.13 Agreement with the Romoland School District for the Grant of a Temporary Construction Easement for the McCall Boulevard Widening Project RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Right­of­Way Contract and Grant of a Temporary Construction Easement, and all exhibits thereof, with the Romoland School District for the McCall Boulevard Widening – Oakhurst Avenue to Junipero Road Project, Capital Improvement Program (CIP) Project No. 22­03, for a total amount not­to­exceed $1,000.

10.14 Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project, Capital Improvement Program (CIP) Project No. 24­16, for a total amount not­to­exceed $159,683.50 through December 31, 2026.

10.15 Public Improvement Agreement, and Bonds for Plot Plan 2018­225 Vista Ridge Apartments, by Luis Navarro
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement and cash securities to guarantee the completion of the required public improvements associated with Plot Plan 2018­225, Vista Ridge Apartments by Luis Navarro, located south of Boulder Rock Place, west of Murrieta Road, east of Amber Rock Drive, and north of Thornton Avenue.

10.16 Public Improvement Agreement, Bonds, Acceptance and 90% Release of Securities for Tract Map Nos. 28786, 28791, 28792, 28793 and 28794 for Quartz Ranch, by Lennar Homes of California, LLC
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement for landscape improvements associated with Quartz Ranch, Tract Map Nos. 28786, 28791, 28792, 28793 and 28794, located on the east and west sides of Evans Road, north of Holland Road, and south of La Piedra Road; and

2.  Accept the public landscape improvements for Quartz Ranch and authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.

10.17 Public Improvement Acceptance and 90% Release of Security for Tract Map 36303, by Lennar Homes of California, Inc.

RECOMMENDED ACTION

1.  Accept the public improvements for streets, drainage, water, sewer, and landscape for Tract Map 36303, located east of Sherman Road and north of Holland Road; and

2.  Authorize the City Engineer to release 90% of the posted securities per the City’s Standard policies.

10.18 Notice of Completion and Acceptance for the City Hall Backup Generator Project RECOMMENDED ACTION

1.  Accept the improvements for Capital Improvement Program (CIP) Project No. 25­11, City Hall Backup Generator located at 29844 Haun Road; and

2.  Authorize the City Clerk to file the Notice of Completion with the Riverside County Recorder's Office.

11.  PUBLIC HEARING ITEMS ­ NONE

12.  DISCUSSION ITEMS

12.1 First Reading and Introduction of an Ordinance Establishing Regulations for Possession of Open Alcoholic Beverage Containers
RECOMMENDED ACTION

1.  Introduce an ordinance repealing and replacing Chapter 11.10 of Title 11 of the Menifee Municipal Code expanding regulations for the possession of alcoholic beverage containers in public places and other specified areas within the City.

12.2 Introduction and First Reading of an Ordinance Adopting the 2025 California Building Standards Codes
RECOMMENDED ACTION

1.  Introduce an ordinance adopting by reference the 2025 Editions of the California Building Code, the California Residential Code, the California Green Building Code, the California Electrical Code, the California Mechanical Code, the California Plumbing Code, the California Energy Code, and the Model Codes with appendices and amendments related thereto, all of which comprise the Buildings and Construction Code of the City of Menifee; and

2.  Set a public hearing date for September 17, 2025, for the second reading and adoption.

12.3 Governance Planning During the Mayor’s Six­Month Military Deployment RECOMMENDED ACTION

1.  Discuss and provide feedback to staff on the timeframe and appointment options for the Mayor Pro Tem and committee and regional board appointments during the Mayor’s deployment with the United States Air Force; and

2.  Designate a member of the City Council to serve as the presiding officer in the absence of the Mayor and Mayor Pro Tem.

12.4 Multi­Jurisdiction City Council Ad Hoc Committee
RECOMMENDED ACTION

1.  Establish and appoint two Councilmembers to the Ethanac Expressway Ad Hoc Committee to work in collaboration with the County of Riverside and the City of Perris to develop a Memorandum of Understanding (MOU) to address issues related to development as well as fire and emergency services along the jurisdictional boundaries shared by the City of Menifee and City of Perris.

13.  CITY ATTORNEY REPORTS

14.  CITY MANAGER REPORTS

15.  FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Naming of Bridge Over Salt Creek – Bradley Rd. Veterans Memorial Bridge (Temple, February 5, 2025) Target Date: October 1, 2025
> Menifee Welcome Monuments (Diederich, March 5, 2025)
Target Date: Spring 2026
> Menifee Fire Department Start Up Fiscal Impact (Karwin, April 2, 2025) Target Date: TBD
> Evaluation of a Menifee Charitable Organization (Estrada, April 16, 2025) Target Date: Spring 2026
> Feasibility of a Regional Sports Park (Diederich, May 7, 2025) Target Date: October 15, 2025
> QUIMBY Fee Amendment Options (Estrada, July 16, 2025) Target Date: Spring 2026

16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.

Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.

Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.

Affidavit of the Posting
I, Stephanie Roseen, do hereby certify, under penalty of perjury, that the Wednesday, August 20, 2025 City Council meeting agenda was posted at least 72 hours prior to the meeting in the following locations per Cal. Gov. Code, § 54954.2, subd. (a)(1): Menifee City Hall, 29844 Haun Road, Kay Ceniceros Community Center, 29995 Evans Road, and the City of Menifee website.

Menifee Mayor and City Council
August 20, 2025
Page
6 of 731

City Council Chambers
29844 Haun Road
Menifee, CA 92586
Ricky Estrada, Mayor
Bob Karwin, District 1
Ben Diederich, District 2
Dan Temple, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, August 20, 2025
5:00 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City Attorney
Stephanie Roseen, City Clerk
CLOSED SESSION (5:00 PM)

1. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Pursuant to Government Code Section 54956.9(d)(1)
National Prescription Opiate Litigation,
United States District Court Case No. 1:17­CV­2804

2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Government Code Section 54956.8
Property: APN:335­080­013
Agency Negotiators: Armando Villa, City Manager; Alberto Paivia, Deputy Public Works Director; Diego Guillen, Senior Engineer; Jeffrey Melching, City Attorney; Negotiating Parties: Jesse James, McCall Senior 37
Under Negotiation: Price and terms of payment.

3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 City of Menifee v. City of Perris, Riverside County Superior Court Case No.

CVRI2203040

4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, SIGNIFICANT EXPOSURE TO LITIGATION
Government Code Section 54956.9(d)(2) or (3): Two cases

5. CONFERENCE WITH LEGAL COUNSEL ­ ANTICIPATED LITIGATION, INITIATION OF LITIGATION
Government Code Section 54956.9(d)(4): Two cases
REGULAR MEETING (6:00 PM)

1. CALL TO ORDER

2.  ROLL CALL

3.  WORDS OF INSPIRATION

3.1. Janet Ringleman – VFW Post 1956, Community Affairs Committee Chair

4.  PLEDGE OF ALLEGIANCE

5.  PRESENTATIONS

5.1. Citizen of the Month – Monica Burrola­Carli

5.2. Community Services Update

6. AGENDA APPROVAL OR MODIFICATIONS

7.  PUBLIC COMMENTS (NON­AGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda.  The Ralph M. Brown Act limits the Council’s ability to respon d to comments on non­agendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.

8.  COUNCILMEMBER UPDATES AND COMMENTS

9.  APPROVAL OF MINUTES

9.1 August 6, 2025 Minutes

10.  CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar.  If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.

10.1 Waiver of Reading
RECOMMENDED ACTION

1.  Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.

10.2 Warrant Register
RECOMMENDED ACTION

1.  Ratify and approve the Voucher Lists dated 7/18/2025 and 7/25/2025, the Payroll Register/Other EFTs dated 7/15/2025, 7/16/2025 and 7/18/2025, which have a total budgetary impact of $5,657,753.92.

10.3 Treasurer's Report ­ June 2025
RECOMMENDED ACTION

1.  Receive and file the Quarterly Treasurer’s Report as of June 30, 2025.

10.4 Monthly Public Safety Reports
RECOMMENDED ACTION

1.  Receive and file the Public Safety Reports for June 2025.

10.5 Capital Improvement Program Construction Contract Change Order Quarterly Activity Report
RECOMMENDED ACTION

1.  Receive and file the capital improvement program construction contract change order activity report for the fourth quarter of Fiscal Year 2024/2025.

10.6 Developer Funded California Environmental Quality Act Consultant Update for the Fourth Quarter of Fiscal Year 2024/2025
RECOMMENDED ACTION

1.  Receive and file the fourth quarterly update on executed California Environmental Quality Act consultant contracts for Fiscal Year 2024/2025.

10.7 Fire Marshal Annual Inspection Compliance Report
RECOMMENDED ACTION

1.  Adopt a resolution acknowledging receipt of the Fire Department’s annual report on compliance with the state­mandated inspection requirements for hotels, motels, lodging houses, apartment houses, and private and public schools, as outlined in Senate Bill 1205 and California Health and Safety Code Sections 13145, 13146 and 17921.

10.8 National Opiate Litigation Settlement Fund Allocation RECOMMENDED ACTION

1.  Authorize the City Manager, or his designee, to program the National Opiate Litigation Settlement Funds received through July 16, 2025, for prevention education and intervention programs reaching vulnerable populations including homeless and at­risk youth residing within the City; and

2.  Adopt a Budget Amendment Resolution (BAR) approving an increase in revenue and appropriation of expenditures in the amount of $168,453.02 to the project account as assigned by the Finance Department for the use of the funds received from the Janssen and Distributors Settlements, Allergan, CVS, TEVA, Walgreens and Walmart Settlement Funds.

10.9 Memorandum of Understanding with the Menifee Valley Historical Association RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Memorandum of Understanding (MOU) with the Menifee Valley Historical Association for the collaboration of related community programs through June 30, 2030.

10.10 Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for Bradley Road Bridge Over Salt Creek
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Cooperative Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for a temporary detour of the Salt Creek Trail for the Bradley Road Bridge Over Salt Creek Project, Capital Improvement Program (CIP) Project No. 13­04, for a total amount not­to­exceed $6,000.

10.11 Agreement with Parsons Transportation Group, Inc. for the Ethanac Road/Highway 74 Realignment Feasibility Study Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with Parsons Transportation Group, Inc., for Architectural and Engineering Services for the Ethanac Road/Highway 74 Realignment Feasibility Study Project, Capital Improvement Program (CIP) Project No. 25­13, for a total amount not­to­exceed $399,751.05 through December 31, 2026.

10.12 Agreement with Kimley­Horn, Inc. for Environmental and Civil Design Services for the Murrieta Road Widening Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement (PSA) with Kimley­Horn, Inc. for Architectural and Engineering Services for the Murrieta Road Widening Project, Capital Improvement Program (CIP) Project No. 25­03, for a total amount not­to­exceed $1,472,198 through December 31, 2026.

10.13 Agreement with the Romoland School District for the Grant of a Temporary Construction Easement for the McCall Boulevard Widening Project RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Right­of­Way Contract and Grant of a Temporary Construction Easement, and all exhibits thereof, with the Romoland School District for the McCall Boulevard Widening – Oakhurst Avenue to Junipero Road Project, Capital Improvement Program (CIP) Project No. 22­03, for a total amount not­to­exceed $1,000.

10.14 Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project, Capital Improvement Program (CIP) Project No. 24­16, for a total amount not­to­exceed $159,683.50 through December 31, 2026.

10.15 Public Improvement Agreement, and Bonds for Plot Plan 2018­225 Vista Ridge Apartments, by Luis Navarro
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement and cash securities to guarantee the completion of the required public improvements associated with Plot Plan 2018­225, Vista Ridge Apartments by Luis Navarro, located south of Boulder Rock Place, west of Murrieta Road, east of Amber Rock Drive, and north of Thornton Avenue.

10.16 Public Improvement Agreement, Bonds, Acceptance and 90% Release of Securities for Tract Map Nos. 28786, 28791, 28792, 28793 and 28794 for Quartz Ranch, by Lennar Homes of California, LLC
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement for landscape improvements associated with Quartz Ranch, Tract Map Nos. 28786, 28791, 28792, 28793 and 28794, located on the east and west sides of Evans Road, north of Holland Road, and south of La Piedra Road; and

2.  Accept the public landscape improvements for Quartz Ranch and authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.

10.17 Public Improvement Acceptance and 90% Release of Security for Tract Map 36303, by Lennar Homes of California, Inc.

RECOMMENDED ACTION

1.  Accept the public improvements for streets, drainage, water, sewer, and landscape for Tract Map 36303, located east of Sherman Road and north of Holland Road; and

2.  Authorize the City Engineer to release 90% of the posted securities per the City’s Standard policies.

10.18 Notice of Completion and Acceptance for the City Hall Backup Generator Project RECOMMENDED ACTION

1.  Accept the improvements for Capital Improvement Program (CIP) Project No. 25­11, City Hall Backup Generator located at 29844 Haun Road; and

2.  Authorize the City Clerk to file the Notice of Completion with the Riverside County Recorder's Office.

11.  PUBLIC HEARING ITEMS ­ NONE

12.  DISCUSSION ITEMS

12.1 First Reading and Introduction of an Ordinance Establishing Regulations for Possession of Open Alcoholic Beverage Containers
RECOMMENDED ACTION

1.  Introduce an ordinance repealing and replacing Chapter 11.10 of Title 11 of the Menifee Municipal Code expanding regulations for the possession of alcoholic beverage containers in public places and other specified areas within the City.

12.2 Introduction and First Reading of an Ordinance Adopting the 2025 California Building Standards Codes
RECOMMENDED ACTION

1.  Introduce an ordinance adopting by reference the 2025 Editions of the California Building Code, the California Residential Code, the California Green Building Code, the California Electrical Code, the California Mechanical Code, the California Plumbing Code, the California Energy Code, and the Model Codes with appendices and amendments related thereto, all of which comprise the Buildings and Construction Code of the City of Menifee; and

2.  Set a public hearing date for September 17, 2025, for the second reading and adoption.

12.3 Governance Planning During the Mayor’s Six­Month Military Deployment RECOMMENDED ACTION

1.  Discuss and provide feedback to staff on the timeframe and appointment options for the Mayor Pro Tem and committee and regional board appointments during the Mayor’s deployment with the United States Air Force; and

2.  Designate a member of the City Council to serve as the presiding officer in the absence of the Mayor and Mayor Pro Tem.

12.4 Multi­Jurisdiction City Council Ad Hoc Committee
RECOMMENDED ACTION

1.  Establish and appoint two Councilmembers to the Ethanac Expressway Ad Hoc Committee to work in collaboration with the County of Riverside and the City of Perris to develop a Memorandum of Understanding (MOU) to address issues related to development as well as fire and emergency services along the jurisdictional boundaries shared by the City of Menifee and City of Perris.

13.  CITY ATTORNEY REPORTS

14.  CITY MANAGER REPORTS

15.  FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Naming of Bridge Over Salt Creek – Bradley Rd. Veterans Memorial Bridge (Temple, February 5, 2025) Target Date: October 1, 2025
> Menifee Welcome Monuments (Diederich, March 5, 2025)
Target Date: Spring 2026
> Menifee Fire Department Start Up Fiscal Impact (Karwin, April 2, 2025) Target Date: TBD
> Evaluation of a Menifee Charitable Organization (Estrada, April 16, 2025) Target Date: Spring 2026
> Feasibility of a Regional Sports Park (Diederich, May 7, 2025) Target Date: October 15, 2025
> QUIMBY Fee Amendment Options (Estrada, July 16, 2025) Target Date: Spring 2026

16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.

Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.

Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.

Affidavit of the Posting
I, Stephanie Roseen, do hereby certify, under penalty of perjury, that the Wednesday, August 20, 2025 City Council meeting agenda was posted at least 72 hours prior to the meeting in the following locations per Cal. Gov. Code, § 54954.2, subd. (a)(1): Menifee City Hall, 29844 Haun Road, Kay Ceniceros Community Center, 29995 Evans Road, and the City of Menifee website.

Menifee Mayor and City Council
August 20, 2025
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City Council Chambers
29844 Haun Road
Menifee, CA 92586
Ricky Estrada, Mayor
Bob Karwin, District 1
Ben Diederich, District 2
Dan Temple, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, August 20, 2025
5:00 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City Attorney
Stephanie Roseen, City Clerk
CLOSED SESSION (5:00 PM)

1. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Pursuant to Government Code Section 54956.9(d)(1)
National Prescription Opiate Litigation,
United States District Court Case No. 1:17­CV­2804

2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Government Code Section 54956.8
Property: APN:335­080­013
Agency Negotiators: Armando Villa, City Manager; Alberto Paivia, Deputy Public Works Director; Diego Guillen, Senior Engineer; Jeffrey Melching, City Attorney; Negotiating Parties: Jesse James, McCall Senior 37
Under Negotiation: Price and terms of payment.

3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 City of Menifee v. City of Perris, Riverside County Superior Court Case No.

CVRI2203040

4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, SIGNIFICANT EXPOSURE TO LITIGATION
Government Code Section 54956.9(d)(2) or (3): Two cases

5. CONFERENCE WITH LEGAL COUNSEL ­ ANTICIPATED LITIGATION, INITIATION OF LITIGATION
Government Code Section 54956.9(d)(4): Two cases
REGULAR MEETING (6:00 PM)

1. CALL TO ORDER

2.  ROLL CALL

3.  WORDS OF INSPIRATION

3.1. Janet Ringleman – VFW Post 1956, Community Affairs Committee Chair

4.  PLEDGE OF ALLEGIANCE

5.  PRESENTATIONS

5.1. Citizen of the Month – Monica Burrola­Carli

5.2. Community Services Update

6. AGENDA APPROVAL OR MODIFICATIONS

7.  PUBLIC COMMENTS (NON­AGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda.  The Ralph M. Brown Act limits the Council’s ability to respon d to comments on non­agendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.

8.  COUNCILMEMBER UPDATES AND COMMENTS

9.  APPROVAL OF MINUTES

9.1 August 6, 2025 Minutes

10.  CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar.  If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.

10.1 Waiver of Reading
RECOMMENDED ACTION

1.  Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.

10.2 Warrant Register
RECOMMENDED ACTION

1.  Ratify and approve the Voucher Lists dated 7/18/2025 and 7/25/2025, the Payroll Register/Other EFTs dated 7/15/2025, 7/16/2025 and 7/18/2025, which have a total budgetary impact of $5,657,753.92.

10.3 Treasurer's Report ­ June 2025
RECOMMENDED ACTION

1.  Receive and file the Quarterly Treasurer’s Report as of June 30, 2025.

10.4 Monthly Public Safety Reports
RECOMMENDED ACTION

1.  Receive and file the Public Safety Reports for June 2025.

10.5 Capital Improvement Program Construction Contract Change Order Quarterly Activity Report
RECOMMENDED ACTION

1.  Receive and file the capital improvement program construction contract change order activity report for the fourth quarter of Fiscal Year 2024/2025.

10.6 Developer Funded California Environmental Quality Act Consultant Update for the Fourth Quarter of Fiscal Year 2024/2025
RECOMMENDED ACTION

1.  Receive and file the fourth quarterly update on executed California Environmental Quality Act consultant contracts for Fiscal Year 2024/2025.

10.7 Fire Marshal Annual Inspection Compliance Report
RECOMMENDED ACTION

1.  Adopt a resolution acknowledging receipt of the Fire Department’s annual report on compliance with the state­mandated inspection requirements for hotels, motels, lodging houses, apartment houses, and private and public schools, as outlined in Senate Bill 1205 and California Health and Safety Code Sections 13145, 13146 and 17921.

10.8 National Opiate Litigation Settlement Fund Allocation RECOMMENDED ACTION

1.  Authorize the City Manager, or his designee, to program the National Opiate Litigation Settlement Funds received through July 16, 2025, for prevention education and intervention programs reaching vulnerable populations including homeless and at­risk youth residing within the City; and

2.  Adopt a Budget Amendment Resolution (BAR) approving an increase in revenue and appropriation of expenditures in the amount of $168,453.02 to the project account as assigned by the Finance Department for the use of the funds received from the Janssen and Distributors Settlements, Allergan, CVS, TEVA, Walgreens and Walmart Settlement Funds.

10.9 Memorandum of Understanding with the Menifee Valley Historical Association RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Memorandum of Understanding (MOU) with the Menifee Valley Historical Association for the collaboration of related community programs through June 30, 2030.

10.10 Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for Bradley Road Bridge Over Salt Creek
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Cooperative Agreement with the Riverside County Flood Control and Water Conservation District and the Riverside County Regional Park and Open­Space District for a temporary detour of the Salt Creek Trail for the Bradley Road Bridge Over Salt Creek Project, Capital Improvement Program (CIP) Project No. 13­04, for a total amount not­to­exceed $6,000.

10.11 Agreement with Parsons Transportation Group, Inc. for the Ethanac Road/Highway 74 Realignment Feasibility Study Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with Parsons Transportation Group, Inc., for Architectural and Engineering Services for the Ethanac Road/Highway 74 Realignment Feasibility Study Project, Capital Improvement Program (CIP) Project No. 25­13, for a total amount not­to­exceed $399,751.05 through December 31, 2026.

10.12 Agreement with Kimley­Horn, Inc. for Environmental and Civil Design Services for the Murrieta Road Widening Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement (PSA) with Kimley­Horn, Inc. for Architectural and Engineering Services for the Murrieta Road Widening Project, Capital Improvement Program (CIP) Project No. 25­03, for a total amount not­to­exceed $1,472,198 through December 31, 2026.

10.13 Agreement with the Romoland School District for the Grant of a Temporary Construction Easement for the McCall Boulevard Widening Project RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Right­of­Way Contract and Grant of a Temporary Construction Easement, and all exhibits thereof, with the Romoland School District for the McCall Boulevard Widening – Oakhurst Avenue to Junipero Road Project, Capital Improvement Program (CIP) Project No. 22­03, for a total amount not­to­exceed $1,000.

10.14 Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Professional Services Agreement with In­Site Landscape Architecture, Inc. for Landscape and Civil Design Services for the Quail Valley Park Project, Capital Improvement Program (CIP) Project No. 24­16, for a total amount not­to­exceed $159,683.50 through December 31, 2026.

10.15 Public Improvement Agreement, and Bonds for Plot Plan 2018­225 Vista Ridge Apartments, by Luis Navarro
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement and cash securities to guarantee the completion of the required public improvements associated with Plot Plan 2018­225, Vista Ridge Apartments by Luis Navarro, located south of Boulder Rock Place, west of Murrieta Road, east of Amber Rock Drive, and north of Thornton Avenue.

10.16 Public Improvement Agreement, Bonds, Acceptance and 90% Release of Securities for Tract Map Nos. 28786, 28791, 28792, 28793 and 28794 for Quartz Ranch, by Lennar Homes of California, LLC
RECOMMENDED ACTION

1.  Approve and authorize the City Manager to execute a Public Improvement Agreement for landscape improvements associated with Quartz Ranch, Tract Map Nos. 28786, 28791, 28792, 28793 and 28794, located on the east and west sides of Evans Road, north of Holland Road, and south of La Piedra Road; and

2.  Accept the public landscape improvements for Quartz Ranch and authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.

10.17 Public Improvement Acceptance and 90% Release of Security for Tract Map 36303, by Lennar Homes of California, Inc.

RECOMMENDED ACTION

1.  Accept the public improvements for streets, drainage, water, sewer, and landscape for Tract Map 36303, located east of Sherman Road and north of Holland Road; and

2.  Authorize the City Engineer to release 90% of the posted securities per the City’s Standard policies.

10.18 Notice of Completion and Acceptance for the City Hall Backup Generator Project RECOMMENDED ACTION

1.  Accept the improvements for Capital Improvement Program (CIP) Project No. 25­11, City Hall Backup Generator located at 29844 Haun Road; and

2.  Authorize the City Clerk to file the Notice of Completion with the Riverside County Recorder's Office.

11.  PUBLIC HEARING ITEMS ­ NONE

12.  DISCUSSION ITEMS

12.1 First Reading and Introduction of an Ordinance Establishing Regulations for Possession of Open Alcoholic Beverage Containers
RECOMMENDED ACTION

1.  Introduce an ordinance repealing and replacing Chapter 11.10 of Title 11 of the Menifee Municipal Code expanding regulations for the possession of alcoholic beverage containers in public places and other specified areas within the City.

12.2 Introduction and First Reading of an Ordinance Adopting the 2025 California Building Standards Codes
RECOMMENDED ACTION

1.  Introduce an ordinance adopting by reference the 2025 Editions of the California Building Code, the California Residential Code, the California Green Building Code, the California Electrical Code, the California Mechanical Code, the California Plumbing Code, the California Energy Code, and the Model Codes with appendices and amendments related thereto, all of which comprise the Buildings and Construction Code of the City of Menifee; and

2.  Set a public hearing date for September 17, 2025, for the second reading and adoption.

12.3 Governance Planning During the Mayor’s Six­Month Military Deployment RECOMMENDED ACTION

1.  Discuss and provide feedback to staff on the timeframe and appointment options for the Mayor Pro Tem and committee and regional board appointments during the Mayor’s deployment with the United States Air Force; and

2.  Designate a member of the City Council to serve as the presiding officer in the absence of the Mayor and Mayor Pro Tem.

12.4 Multi­Jurisdiction City Council Ad Hoc Committee
RECOMMENDED ACTION

1.  Establish and appoint two Councilmembers to the Ethanac Expressway Ad Hoc Committee to work in collaboration with the County of Riverside and the City of Perris to develop a Memorandum of Understanding (MOU) to address issues related to development as well as fire and emergency services along the jurisdictional boundaries shared by the City of Menifee and City of Perris.

13.  CITY ATTORNEY REPORTS

14.  CITY MANAGER REPORTS

15.  FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Naming of Bridge Over Salt Creek – Bradley Rd. Veterans Memorial Bridge (Temple, February 5, 2025) Target Date: October 1, 2025
> Menifee Welcome Monuments (Diederich, March 5, 2025)
Target Date: Spring 2026
> Menifee Fire Department Start Up Fiscal Impact (Karwin, April 2, 2025) Target Date: TBD
> Evaluation of a Menifee Charitable Organization (Estrada, April 16, 2025) Target Date: Spring 2026
> Feasibility of a Regional Sports Park (Diederich, May 7, 2025) Target Date: October 15, 2025
> QUIMBY Fee Amendment Options (Estrada, July 16, 2025) Target Date: Spring 2026

16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.

Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.

Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 672­6777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.

Affidavit of the Posting
I, Stephanie Roseen, do hereby certify, under penalty of perjury, that the Wednesday, August 20, 2025 City Council meeting agenda was posted at least 72 hours prior to the meeting in the following locations per Cal. Gov. Code, § 54954.2, subd. (a)(1): Menifee City Hall, 29844 Haun Road, Kay Ceniceros Community Center, 29995 Evans Road, and the City of Menifee website.

Menifee Mayor and City Council
August 20, 2025
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Menifee Mayor and City Council
August 6, 2025

City Council Chambers
29844 Haun Road
Menifee, CA 92586
Ricky Estrada, Mayor
Bob Karwin, District 1
Ben Diederich, District 2
Dan Temple, District 3
Dean Deines, District 4 MINUTES
Menifee City Council
Regular Meeting Minutes
Wednesday, August 6, 2025
5:00 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City Attorney
Stephanie Roseen, City Clerk
CLOSED SESSION (5:00 PM)
Mayor Estrada called closed session to order at 5:00 PM. Present were Councilmembers Deines, Diederich, Temple, Mayor Pro Tem Karwin, and Mayor Estrada.

Correspondence was received by the following.
Alex Zikakis on behalf of Capstone Advisors, Inc.
Katrina DeArmey on behalf of Ethanac Menifee, LLC and Phelan Development Co. Tyler Banton on behalf of Lovett Industrial, LLC
Peter Schafer on behalf of IPT Menifee CC LLC and Ares Industrial Management The following speaker addressed the City Council.
Alex Zikakis
Mayor Estrada recessed to closed session at 5:04 PM for the purposes listed below.

1. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 City of Menifee v. City of Perris, Riverside County Superior Court Case No.

CVRI2203040

2. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION,

SIGNIFICANT EXPOSURE TO LITIGATION
Government Code Section 54956.9(d)(2) or (3): Two cases

3. CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION,

INITIATION OF LITIGATION
Government Code Section 54956.9(d)(4): Two cases
REGULAR MEETING (6:00 PM)

1. CALL TO ORDER
Mayor Estrada called the meeting to order at 6:06 PM. City Attorney Jeffrey Melching stated there was no reportable action from closed session.

2. ROLL CALL

Present: Ricky Estrada, Bob Karwin, Ben Diederich, Dan Temple, Dean Deines

Absent: None

3. WORDS OF INSPIRATION
Item Title: 9.1
August 6, 2025 Minutes
Item Page Number: 1

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August 20, 2025
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Menifee Mayor and City Council
August 6, 2025

Pastor Bob Warning- Crossway Menifee Church

4. PLEDGE OF ALLEGIANCE
Shane Lipsome led the flag salute.

5. PRESENTATIONS

5.1. Menifee Valley Community Cupboard Recognition
The City Council recognized Dawn Smith and the Community Cupboard and presented her with a certificate.

5.2. Business Spotlight – Motte Historical Museum
Kayla Charters introduced the Business Spotlight Program, and the City Council recognized John and Leon Motte with the Motte Historical Museum and presented them with a certificate.

5.3. Senior Advisory Committee Member Swearing In – Laurie Garcia Councilmember Temple recognized outgoing Senior Advisory Committee Member Bruce Atwood and introduced incoming Committee Member Laurie Garcia.

City Clerk Stephanie Roseen administered the oath of office to Committee Member Garcia.

5.4. Police Department Quarterly Update
Police Chief Chris Karrer provided the quarterly update.

The City Council asked staff questions.

6. AGENDA APPROVAL OR MODIFICATIONS
City Attorney Jeffrey Melching stated Item No. 12.3 was requested to be continued to the August 20, 2025, City Council meeting.

The agenda was approved unanimously (5-0) as modified.

7. PUBLIC COMMENTS (NON-AGENDA ITEMS)
The following speakers addressed the City Council on non-agenda items. Sherri Morrison
Jesse Simms

8. COUNCILMEMBER UPDATES AND COMMENTS
Councilmember Diederich reported on the meetings and events he attended. Southwest Elected Leaders Coalition Meeting
Item Title: 9.1
August 6, 2025 Minutes
Item Page Number: 2

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August 20, 2025
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Menifee Mayor and City Council
August 6, 2025

Bradley Bridge Groundbreaking Event
Councilmember Temple reported on the meetings and events he attended. Menifee Employee Appreciation Event
Menifee Moonlight Market
Live Jam Music Event
Senior Citizen Scam Workshop
Riverside Conservation Authority (RCA) Meeting
Bradley Bridge Groundbreaking Event
Menifee National Night Out
Councilmember Deines reported on the meetings and events he attended. Bradley Bridge Groundbreaking Event
Riverside Transit Agency (RTA) Admin and Operations Meeting Mayor Pro Tem Karwin reported on the meetings and events he attended. Menifee Employee Appreciation Luncheon
Rotary Club Meeting
Live Jam Music Event
Sun City Civic Association’s Shakespeare in the Park
Riverside County Transportation Commission (RCTC) Budget and Implementation Committee Meeting
Bradley Bridge Community Meeting at the Sun City Civic Association Foodie Friday
Western Riverside Council of Governments (WRCOG) Meeting Bradley Bridge Groundbreaking Event
Menifee National Night Out
Recognition of New Fire Engine for Fire Station 5
Economic Development Forum
Mayor Estrada reported on the meetings and events he attended. Menifee Employee Appreciation Luncheon
Southern California Association of Realtors Scholarship Luncheon Menifee Unified School Board Meeting
Economic Development Forum
Bradley Bridge Groundbreaking Event
Menifee National Night Out
Recognition of New Fire Engine for Fire Station 5
Mayor Estrada provided a statement regarding his upcoming deployment with the United States AirForce and his upcoming absence.

9. APPROVAL OF MINUTES
The following set of minutes were approved unanimously (5-0) with no modifications.

9.1 July 16, 2025 Minutes

10. CONSENT CALENDAR
The consent calendar was approved by the following vote.

Item Title: 9.1
August 6, 2025 Minutes
Item Page Number: 3

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August 20, 2025
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Menifee Mayor and City Council
August 6, 2025

MOVER: Dean Deines
SECONDER: Bob Karwin

10.1 Waiver of Reading
ACTION

1. Waived the reading in full of any and all Ordinances listed on this agenda and provided that they be read by title only.

10.2 Warrant Register
ACTION

1. Ratified and approved the Voucher Lists dated 6/27/2025, 7/3/2025 and 7/11/2025, the Payroll Register/Other EFTs dated 6/23/2025, 6/26/2025, 7/2/2025 and 7/3/2025, the City Credit Card payment summary for the period 6/1/2025 to 6/30/2025 and the Void check Listing PE 6/30/2025, which have a total budgetary impact of $10,207,617.90.

10.3 Second Reading and Adoption of Ordinance to Levy Special Taxes Within Improvement Area 1, Community Facilities District 2022-3, Legado ACTION

1. Adopted Ordinance No. 2025-418, authorizing the levy of special taxes within Community Facilities District 2022-3, Improvement Area 1, Legado

10.4 Resolution of Intention for Annexation No. 30, Menifee Commerce Center I, LLC, into Community Facility District 2017-1, Maintenance Services ACTION

1. Accepted the petition of Menifee Commerce Center I, LLC, Parcel Nos. 331-110- 027, 331-110-035, 331-110-041, 331-140-010, 331-140-018, 331-140-021, and 331-140-025 located south of Ethanac Road, east of Trumble Road, west of Dawson Road, and north McLaughlin Road, into Community Facilities District (CFD) No. 2017-1 Maintenance Services as Annexation No. 30; and

2. Adopted Resolution No. 25-1617, intention to add Annexation No. 30 into CFD No. 2017-1, to authorize the levy of special tax therein to finance certain maintenance services, and to set a public hearing for September 17, 2025.

10.5 Resolution of Intention for Annexation No. 35, Navarro Trust DTD 05/01/2007, into Community Facility District 2017-1, Maintenance Services ACTION

1. Accepted the Petition of Navarro Trust DTD 05/01/2007, Assessor’s Parcel No. 335-481-017 located south of Boulder Rock Place, west of Murrieta AYES: Estrada, Karwin, Diederich, Temple, Deines
NAYS: None
RECUSE: None
Item Title: 9.1
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Road, east of Amber Rock Drive, and north Thornton Avenue, into Community Facilities District (CFD) No. 2017-1, Maintenance Services, as Annexation No. 35; and

2. Adopted Resolution No. 25-1618, intention to add Annexation No. 35 into CFD No. 2017-1, to authorize the levy of special tax therein to finance certain maintenance services, and to set a public hearing for September 17, 2025.

10.6 Agreement with Faith Lutheran Church for the Purchase of Real Property for the Sun City Greenspace Project
ACTION

1. Approved and authorized the City Manager to execute a Purchase and Sale Agreement for real property between Faith Lutheran Church for the property located at the northwest corner of Portsmouth Drive and Roanoke Road for a total not-to-exceed amount of $450,741.15; and

2. Approved and authorized the City Manager to execute the Covenants, Conditions, Restrictions and Easement Agreement (CC&R) with Faith Lutheran Church; and

3. Authorized the City Manager to execute any agreements or documents required for the acquisition of real property including but not limited to escrow, broker fees, title, insurance, formal bonding appraisal, documents relating to the grant program with final execution subject to clear title.

10.7 Bid Award and Agreement with CO Brothers, LLC. for Construction Services for the Fire Station No.76 Living Area Improvements Project ACTION

1. Awarded bid and authorized the City Manager to execute a Contract Services Agreement with CO Brothers, LLC. for construction services for Fire Station No.76 Living Area Improvements Project, Capital Improvement Program (CIP) Project No. 24-05, located at 29950 Menifee Road, in a total amount not-to- exceed $434,625.

10.8 Agreements with Pacific Mobile Structures, Inc. for Menifee Police Department Modular Buildings
ACTION

1. Approved and authorized the City Manager to execute two lease agreements and any other necessary lease documents with Pacific Mobile Structures, Inc. for the rental of two modular buildings used by the Menifee Police Department, in a total not-to-exceed amount of $373,870.80 through April 3, 2030; and

2. Authorized the Finance Department to issue a purchase order against the contract for each corresponding fiscal year.

10.9 Agreement and Bonds for Landscape Improvements, Tract Map 37408, Legado by Lennar Homes of California, LLC
ACTION

1. Approved and authorized the City Manager to execute a Landscape Improvement Agreement and bonds to guarantee the completion of the Item Title: 9.1
August 6, 2025 Minutes
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required public streetscape improvements for Tract Map 37408, Legado Planning Areas 2 and 4, by Lennar Homes of California, LLC., located south of Rouse Road and west of Sherman Road.

11. PUBLIC HEARING ITEMS - NONE

12. DISCUSSION ITEMS

12.1 Legislative Bodies Terms and Term Limits
Assistant City Clerk Edna Aguilar provided a presentation.

The following speaker addressed the City Council.
Michael Knighten
Councilmembers Deines, Temple, Diederich and Mayor Pro Tem Karwin spoke in favor of current practices.

Mayor Estrada spoke in favor of establishing term limits for committees and commissions and mirror same term limits to commissioners.

No action was taken.

12.2 Economic Development Ad Hoc Committee
Assistant City Clerk Edna Aguilar provided a presentation.

The City Council spoke in favor of dissolving the ad hoc committee.

ACTION

1. Dissolved the Economic Development Ad Hoc Committee
MOVER: Dean Deines
SECONDER: Bob Karwin

12.3 Multi-Jurisdiction City Council Ad Hoc Committee
This item was continued to the August 20, 2025, City Council meeting.

13. CITY ATTORNEY REPORTS
None.

14. CITY MANAGER REPORTS
None.

15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
AYES: Estrada, Karwin, Diederich, Temple, Deines
NAYS: None
RECUSE: None
Item Title: 9.1
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None.

16. ADJOURN
Mayor Estrada adjourned the meeting at 7:28 PM in honor of John V. Denver. _______________________________
Stephanie Roseen, MMC
City Clerk
Item Title: 9.1
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CITY OF MENIFEE
SUBJECT: Warrant Register
MEETING DATE: August 20, 2025
TO: Mayor and City Council
PREPARED BY: Ann-Marie Etienne, Finance Manager
REVIEWED BY: Travis Hickey, Chief Financial Officer
APPROVED BY: Armando G. Villa, City Manager
-------------------------------------------------------------------------------------------------------------------------------

RECOMMENDED ACTION

1. Ratify and approve the Voucher Lists dated 7/18/2025 and 7/25/2025, the Payroll Register/Other EFTs dated 7/15/2025, 7/16/2025 and 7/18/2025, which have a total budgetary impact of $5,657,753.92.

DISCUSSION
The City of Menifee Municipal Code Chapter 3.16.050 requires that the City Council audit payments of demands and direct the City Manager to issue checks. The attached Voucher Lists and all corresponding invoices have been reviewed and approved for accuracy by the Finance Manager and by the Chief Financial Officer. Voucher Lists dated 7/18/2025 and 7/25/2025, the Payroll Register/Other EFTs dated 7/15/2025, 7/16/2025 and 7/18/2025, which have a total budgetary impact of $5,657,753.92.

STRATEGIC PLAN OBJECTIVE
Regular City Business

FISCAL IMPACT
As indicated previously, the payments of demand above have a total budgetary impact of $5,657,753.92, which is available in the fiscal years 2024/25 and 2025/26 budgets. No additional budget appropriation action(s) is required.

ATTACHMENTS

1. Voucher Listing 7/18/2025

2. Voucher Listing 7/25/2025

3. Payroll Register/Other EFTs
Item Title: 10.2
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Voucher List
City of Menifee
Voucher Date Vendor Invoice Number PO # Description Amount 802236 7/18/2025 4IMPRINT, INC. 13990918 CS Apparel & Supplies 4,366.44 802237 7/18/2025 AFLAC 657100 Jul'25 Insurance Premiums 16,059.04 802238 7/18/2025 AIR EXCHANGE, INC. 91615056 Fire Station 68 Facilities Maint 1,990.10 802239 7/18/2025 ALLIANT INSURANCE SVCS. INC. 3154598 26100021 Cyber Liability Insurance Renewal 7/25 - 7/26 24,159.60 802240 7/18/2025 AMAZON CAPITAL SERVICES, INC. 1KW4-QWPL-TPQN CS AMR Park Water Fountain Push Button Assembly 208.95 1N4K-6DG6-X447 City Hall Facilities Water Filter Replacement 76.11 1NJM-QXHJ-T7LD IT/PD Small Tools/Field Equip 449.97
1LX9-M747-THQ7 IT/ED Wireless Photo Printer 629.66
1Q44-XR6C-YKRX PW Streets Small Tools/Field Equip 402.20 11QG-7D4L-RQTY Finance Office Supplies 103.29
143W-QWXN-RVNJ Planning Computer Privacy Screen 55.45
161Q-CNNK-Y1XH CS Lazy Creek Adventure Camp Supplies 340.19 1713-PCMN-VVMM ECD Event Supplies 238.99
19GH-CRHX-RRWL PD Supplies 72.31
1CHQ-9QLQ-DRLT IT Dual Monitor Arm Desk Mount 132.12
1PQ7-DCFN-CT1D CS Aquatics Learn to Swim Supplies 201.27 1R9M-MW1X-G6RV PD Facilities Materials/Supplies 103.25
1YLP-4FJP-GFWD CS Facilities Replacement Water Filters 103.25 1DLG-YLV3-GVGN PW Streets Small Tools/Field Equip 171.80 1T3N-1V9F-4VV9 PW Facilities Replacement Water Filter 130.50 1T6W-DPVL-CJFY CS Parks Replacement Soccer Net 125.26
1C37-T6KT-KJTT PW Streets Small Tools/Field Equip 123.62 1RGN-47GK-DCVR PW Streets Electronic Slide Caliper 197.93 1WNG-NXDY-DC3T CS Independence Event Supplies 276.36
1KN6-4KHT-KYXX CEO Office Supplies (51.00)
11K9-W43Y-RYXJ PD Detective Office Supplies 1,347.60
1JQV-D9GL-GF14 PD Office Supplies 359.96
1TL9-HHVK-H3NC PW Fleet Materials/Supplies 316.37
1TL9-HHVK-JMJ1 PW Fleet Materials/Supplies 72.36
6,187.77
802241 7/18/2025 AMAZON CAPITAL SERVICES, INC. 1HKP-PH1C-4CQY CS Facilities Cabinet Key Tags 28.47 1R9M-MW1X-31FK CS Independence Event Supplies 22.81
17KR-PHCH-1CMW IT Small Tools/Field Equip 30.07
1TGD-VM6Q-9RWY PD Admin Picture Frame 9.78
113J-M9TJ-YW7T PD Storage Drawer Cart 36.96
1RHD-PY4V-7NYW HR Office Supplies 50.64
1YH3-9QXG-P9HG IT/Risk ShadeBlocks (48.82)
1WNG-NXDY-T7NN IT Small Tools/Field Equip 16.13

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Voucher Date Vendor Invoice Number PO # Description Amount 14J7-FV74-4KVL CS Fall Festival Supplies 29.88
175.92
802242 7/18/2025 APEX VIDEO GROUP 3324 CEO/Comms SW Riv County Traffic Coalition Video 1,665.00 802243 7/18/2025 ASSA ABLOY ENTRANCE SYSTEMS US, INC CSI 104610 25100688 PD Facility Maintenance 9,692.47 802244 7/18/2025 BMLA INCORPORATED 2025-333 24100103 CS Jun'25 Design Svcs Sun City Green Space 3,458.00 2025-334 25100168 CS Jun'25 La Ladera Enhancements - Design Services 17,358.50 20,816.50
802245 7/18/2025 BOUND TREE MEDICAL LLC 85828263 Fire TrueClot Task Trainer 978.74 802246 7/18/2025 C3 PATHWAYS INC INV793 PD Supplies 2,995.00 802247 7/18/2025 CMS MOBILE GLASS SHOP LLC. 6678 PD Vehicle Maintenance 481.80 6682 PD Vehicle Maintenance 182.88
664.68
802248 7/18/2025 CORELOGIC SOLUTIONS, LLC 30788426 25100144 Jun'25 PD Corelogic Licensing 437.09 802249 7/18/2025 D.R. BECHTER CONSULTING INC. 14-002-446 25100034 6/23/25 - 7/6/25 On Call Construction Inspection 2,500.00 802250 7/18/2025 DELTA DENTAL INSURANCE COMPANY BE006631956 Jul'25 Dental HMO Insurance Premiums 1,679.24 802251 7/18/2025 DELTA DENTAL OF CALIFORNIA BE006630742 Jul'25 PPO Insurance Premiums 15,540.54 802252 7/18/2025 DOCU-TRUST 0056107 Jul'25 Doc Storage/Retrieve Svcs 798.94 802253 7/18/2025 DOKKEN ENGINEERING 49532 25100793 CS May'25 Sun City Park Land Appraisal Svcs 780.00 802254 7/18/2025 DOOLEY ENTERPRISES, INC 70254 25100910 PD Ammo 74,896.02 802255 7/18/2025 DUDEK 202504648 24100038 May'25 CEQA Svcs Double Battery Energy 1,110.00 202505220 24100058 Jun'25 CEQA Svcs SJ/McLaughlin 132.50 1,242.50
802256 7/18/2025 ENNIS-FLINT, INC. 475814 25100923 5 Gallon Striping Paint 2,697.00 802257 7/18/2025 ENTERPRISE FM TRUST FBN5386566 26100031 Jul'25 PD/CODE/CS Vehicle Leases 15,553.85 802258 7/18/2025 ETECH-360 INC MF-Inv#130 25100922 May'25 Professional IT Support 11,194.00

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Voucher Date Vendor Invoice Number PO # Description Amount 802259 7/18/2025 GOLDSTAR ASPHALT PRODUCTS 32708 PW Materials / Supplies 108.70 32751 PW Materials/ Supplies 163.02
32830 PW Materials / Supplies 26.03
32874 PW Materials / Supplies 71.17
368.92
802260 7/18/2025 IMAGEN INC 45207-1 CEO Coms Marketing Supplies 1,480.63 45205-1 CEO Coms Marketing Supplies 1,427.52
45204-1 CEO Coms Marketing Supplies 2,044.46
4,952.61
802261 7/18/2025 INTERGRATED PEST CONTROL MGMT, INC. 95729 City Hall Facilities Skunk Removal 150.00 95732 City Hall Facilities Skunk Removal 150.00
95817 City Hall Facilities Skunk Removal 150.00
95730 City Hall Facilities Skunk Removal 150.00
96814 May'25 Remington Park Rodent Control Services 48.00 96953 May'25 Spirit Park Rodent Control Services 48.00
97165 City Hall Beehive Removal 300.00
97253 CS John Denver Park Beehive Removal 600.00
97354 City Hall Beehive Removal 150.00
98390 CS Remington Park Rodent Bait Station Maint 48.00 98496 CS Spirit Park Weekly Rodent Pest Control 48.00
98614 Jun'25 Fire Station 5 Pest Control Services 110.00 98924 City Hall Beehive Removal 150.00
2,102.00
802262 7/18/2025 KIMLEY-HORN AND ASSOCIATES, INC. 32542037 25100575 CS Jun'25 Park/Facility Multi-Use Trailers 11,647.50 802263 7/18/2025 KOSMONT COMPANIES 2505.3-002 25100807 Jun'25 ECD Advisory Service Training 11,533.33 2505.4-002 25100857 Jun'25 ECD Job/Housing Analysis 4,604.60 16,137.93
802264 7/18/2025 KTU&A 37290 25100654 CS Apr'25 Park Asset Inventory Services 14,917.98 37386 25100654 CS May'25 Park Asset Inventory Services 4,535.00 19,452.98
802265 7/18/2025 MENIFEE VALLEY TAEKWONDO, ACADEMY 18754 CS Jun'25 Taekwondo Instructor Pmt 3,438.60 802266 7/18/2025 MERRIMAN'S INC 011525-CO 25100510 Minor Home Rehabilitation Grant Program 2,500.00 802267 7/18/2025 MIG/HOGLE IRELAND 0091825 24100049 May'25 CEQA Svcs Menifee-Goetz & Ethanac 7,509.85 802268 7/18/2025 MITYLITE INC 00189900 25100852 CS Facility Chair Stacking Cart 2,188.65 802269 7/18/2025 NUTRITION ELEVATED 5.2025 25100779 CS May'25 Get Fit in 6 Instructor Pmt 40.00

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Voucher Date Vendor Invoice Number PO # Description Amount 802270 7/18/2025 NV5 INC 456688 25100445 WQMP/Hydrology Review Home2Suites Antelope Hotel 1,065.68 455737 24100295 Oct24 Design Svcs for CIP23-01 15,527.50 16,593.18
802271 7/18/2025 PARADISE CHEVROLET CADILLAC CTCS46015 PD Vehicle Maintenance 126.31 CTCS64666 PD Vehicle Maintenance 457.93
584.24
802272 7/18/2025 PARKHOUSE TIRE, INC 2010955423 PD Vehicle Maintenance 1,665.28 2010956671 CS Vehicle Tires 662.61
2010956670 PD Vehicle Tires 1,106.31
3,434.20
802273 7/18/2025 PARTS AUTHORITY, LLC 295-239054 PD Vehicle Maintenance 85.52 295-239186 PW Vehicle Maintenance 34.32
119.84
802274 7/18/2025 PINNACLE TRAINING SYSTEMS 2025 112 PD Health & Wellness Services 7,814.75 802275 7/18/2025 POLAR EXPRESS HEATING & AIR CONDITONING, INC 82774366 CS KCSC Facilities HVAC Maint 149.00 82858598 CS Lazy Creek Facilities HVAC Maint 428.00
83043549 CS KCSC Facilities HVAC Maint 149.00
83114589 CS KCSC Facilities HVAC Maint 1,093.00
1,819.00
802276 7/18/2025 PRUDENTIAL OVERALL SUPPLY 23819908 P/W Uniform Cleaning Svc 394.03 23825755 P/W Uniform Cleaning Svc 401.32
23825757 P/W Uniform Cleaning Svc 43.91
839.26
802277 7/18/2025 RBF/MICHAEL BAKER CORPORATION 1253590 25100447 May'25 CEQA Svcs Kaiser Medical 18,154.85 802278 7/18/2025 RHYTHM TECH PRODUCTIONS, LLC 1679 CS 7/18 Moonlight Market Stage/Sound Entertainment 6,000.00 802279 7/18/2025 RICK ENGINEERING 109056 24100061 Apr'25 PLN Consulting Svcs Menifee S.Gateway 8,125.00 802280 7/18/2025 RSG, INC. 13697 25100747 Jun'25 ECD Strategy Consulting Svcs 4,865.00 802281 7/18/2025 RUTAN & TUCKER, LLP 1025830 Feb-Mar City Legal Svcs PW/CIP-Special 2,807.80 1030250 Apr'25 Legal Svcs PW & CSCIP SPL 556.00
1031296 May'25 City Legal Svcs PW General 750.00
1030249 Apr'25 City Legal Svcs Personnel- Labor Relations 834.00 4,947.80
802282 7/18/2025 SAFETY COMPLIANCE COMPANY 250092 24100029 6/25/25 Safety Compliance Training SVCS 250.00 802283 7/18/2025 SCI. CONSULTANTS NINYO & MOORE GEOTECH. & ENV. 305480 25100405 Apr25-May25 Materials Testing Svcs Civic Ctr Lot 5,279.04

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Voucher Date Vendor Invoice Number PO # Description Amount 802284 7/18/2025 SEARLE CREATIVE GROUP LLC 25301-CM 25100151 Jun'25 COM On-Call Graphic Design Services 747.50 25303-EDWEB 25100427 Jun'25 ED Website Maint Svcs 575.00 25209-ED 25100860 ECD Explore Menifee Baseball Stadium Banner 1,782.50 25302-ED 25100271 ECD Jun'25 On-Call Graphic Design 1,517.24 4,622.24
802285 7/18/2025 SIGNARAMA-TEMECULA INV-29500 HR Name Plate Sarkissian, Hernandez 204.75 802286 7/18/2025 SPEAKWRITE LLC 57d40b0e 25100031 PD Dictation Services 908.73 802287 7/18/2025 STANDARD INSURANCE COMPANY July 2025 Jul'25 Premium Statement 8,705.26 802288 7/18/2025 SUPERIOR PAVEMENT MARKINGS,INC 20794 25100867 Street Maint Bradley, Rouse, Menifee Striping 12,289.64 802289 7/18/2025 TATE SNYDER KIMSEY, INC 24-007.00-13 24100100 Jun25 Community Center Arch Design La Piedra 11,880.00 105527R 25100674 Jun25 Fire Station No.68 Renovation Phase II 8,470.00 20,350.00
802290 7/18/2025 TERRYBERRY COMPANY, LLC. T03588 Staff Recognition 10 yr 109.11 802291 7/18/2025 TRANSUNION RISK AND ALT. 6434932-202506-1 25100146 PD Social Media Reporting 330.50 802292 7/18/2025 VESERIS CINV105206674 PW Right of Way Maintenance 281.02 802293 7/18/2025 VISION SERVICE PLAN 823087593 Jul'25 Vision Insurance Premiums 4,266.45 823087580 Jul'25 Cobra Vision Insurance Premiums 30.45
4,296.90
802294 7/18/2025 VULCAN MATERIALS COMPANY 3866693 PW Street Maintenance Materials 609.47 3866870 PW Street Maintenance Materials 250.55
860.02
802295 7/18/2025 WEST COAST ARBORISTS INC. 231121 25100117 Jun 16-30 '25 City-Wide Tree Trimming Maint Svcs 5,535.00 802296 7/18/2025 WIRZ & COMPANY PRINTING, INC 142545 25100794 CS Healthy Cooking with Kids Promotional Items 768.26 802297 7/18/2025 YUNEX, LLC 5610005546 Streetlight Operation & Maint Newport Rd Pole 2,676.00 73217 7/18/2025 MULLIGAN FAMILY FUN CENTER 22631 CS Summer Field Trip 1,347.50

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Voucher Date Vendor Invoice Number PO # Description Amount 73218 7/18/2025 AARDVARK INV2500365 PD Equipment/Supplies 1,644.94 73219 7/18/2025 ADAME LANDSCAPING, INC. 110952 25100904 CS Basins at Hidden Hills Emergency Cleanup 12,720.00 110582 25100102 Jun'25 Park and Restroom Maint. Svcs. 46,689.27 59,409.27
73220 7/18/2025 ADAMSON POLICE PRODUCTS INV437000 25100584 PD Body Armor 878.47 INV437150 25100584 PD Body Armor 878.47
1,756.94
73221 7/18/2025 AIR & HOSE SOURCE, INC 618691 PW Vehicle Maintenance 36.64 73222 7/18/2025 ALAN S. CROSTHWAITE, INC. 1488 ECD Marketing Photography Svcs 2,400.00 73223 7/18/2025 ALL STAR ELITE SPORTS 5152 CS Wellness Summer Games Shirts 439.69 5203 CS Park Uniforms 357.43
797.12
73224 7/18/2025 ALTEC INDUSTRIES, INC 51721833 PW Vehicle Maintenance Annual PM Dielectric 1,028.83 73225 7/18/2025 ABCONSULTING LLC 1864587191 25100803 CEO Team Alignment Program 10,999.00 73226 7/18/2025 APPLEONE EMPLOYMENT SERVICES 01-7118529 PE 06/21/25 Temp Emp Svcs HR Dept 1,420.80 73227 7/18/2025 AUDACY OPERATIONS, INC 3013698RIV-1 25100638 CS Independence Celebration Marketing - Radio 1,000.00 73228 7/18/2025 AZTEC JANITORIAL SERVICES J2100 25100029 Jun'25 Janitorial Services 20,873.93 73229 7/18/2025 BAY AREA DRIVING SCHOOL, INC 18751 CS Jun'25 Driving School Instructor Pmt 252.00 73230 7/18/2025 BIGFOOT GRAPHICS 18752 CS Jun'25 Drawing/Art Instructor Pmt 1,986.00 73231 7/18/2025 RIVERA-BU, SONYA 25-432-A T&T Sonya B. Fire Safety Symposium 127.50 73232 7/18/2025 CAL TRUE VALUE 006759/1 CS Sunset Park Small Tools/Field Equip 13.69 006762/1 CS Independence Event Small Tools/Field Equip 26.86 006763/1 CS Parks Supplies 131.96
006765/1 CS Parks Supplies 17.60
006752/1 CS Parks Supplies 4.20
006761/1 CS Parks Supplies 7.82
006766/1 CS Parks Supplies 17.61
006775/1 PD Facilities Materials/Supplies 21.51
006776/1 CS Underwood Park Irrigation Supplies 163.72
006778/1 CS Splash Pad Facilities Maint 19.55
006781/1 CS Parks Supplies 34.23
006788/1 CS Parks Stock Small Tools/Field Equip 68.74

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Voucher Date Vendor Invoice Number PO # Description Amount 006789/1 CS Lyle Marsh Park Facilities Maint 39.25
006791/1 CS AMR Small Tools/Field Equip 109.59
006793/1 CS West Annex Materials/Supplies 8.60
006795/1 CS Zone 3 ROW Irrigation Supplies 36.18
721.11
73233 7/18/2025 CALIFORNIA POLICE CHIEFS ASSOC 11677 PD CPCA Membership-D. Gutierrez 170.00 11422 FY25/26 CPCA Dues for Personnel 2,140.00
2,310.00
73234 7/18/2025 CALLYO 2009 CORP. R21347 26100022 Callyo Mobile Invest. Software FY26 Renewal 9,816.00 73235 7/18/2025 CASTLE PARK 7232025 CS Summer Field Trip Castle Park 1,342.95 73236 7/18/2025 CAZCOM, INC 41383 PD Radios 1,999.23
41384 PD Radios 781.74
2,780.97
73237 7/18/2025 CINTAS CORPORATION NO. 2 9327312144 25100275 AED Device Services PD 581.81 9327312151 25100238 Eyewash Station Services for PD 107.86 5278386507 Cintas Replenishment MOC 32.74
5278386508 Cintas Replenishment Cherry Hill 60.13
5278386509 Cintas Replenishment PD 317.42
5278386510 Cintas Replenishment City Hall 44.03
5278386511 Cintas Replenishment IT Dept 8.19
5278386513 Cintas Replenishment Senior Center 151.05
5278386514 Cintas Replenishment Lazy Creek Rec Cntr 281.24 9327379879 25100237 Cintas AED Device Services (IT Building) 107.66 9327384587 25100275 AED Device Services Lazy Creek Rec Cntr 237.08 9327386227 25100275 AED Device Services Cherry Hill 107.66 9327394047 25100275 AED Device Services City Hall 215.33 9327401527 25100275 AED Device Services Senior Ctr 322.99 9327405360 25100275 AED Device Services MOC 116.36
2,691.55
73238 7/18/2025 COUNTY OF RIVERSIDE PUBLIC PE0000002751 25100196 Jun'25 PD & CODE Radios 29,588.67 73239 7/18/2025 CREATIVE BRAIN LEARNING 18247 CS Jun'25 Instructor Pmt 1,541.40 73240 7/18/2025 DAVE BANG ASSOC. INC OF CALIF. CA58850 25100835 CS Lazy Creek Outdoor Furniture 4,253.48 73241 7/18/2025 EASTERN MUNICIPAL WATER DIST. 500075952 7/7/25 Jun'25 AMR ROW Water Svc 13,902.16 500136663 7/7/25 Jun'25 LLMD Zone 3 Water Svc 187.20
500153535 7/7/25 Jun'25 CSA 33 Water Svc-Encanto Dr 454.15 500769356 7/7/25 Jun'25 Banner Village Park Water Svc 313.21 500536777 7/8/25 Jun'25 Air Gap Const Water Svc 206.31

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Voucher Date Vendor Invoice Number PO # Description Amount 500064203 7/3/25 Jun'25 LLMD Zone 3 Water Svc 479.53
500064205 7/3/25 Jun'25 LLMD Zone 3 Water Svc 283.57
500065258 7/3/25 Jun'25 LLMD Zone 3 Water Svc 1,440.79
500065261 7/3/25 Jun'25 LLMD Zone 3 Water Svc 655.19
500069563 7/3/25 Jun'25 LLMD Zone 69 Water Svc 639.75
500069564 7/3/25 Jun'25 LLMD Zone 69 Water Svc 855.34
500069659 7/3/25 Jun'25 CSA 145 Nordic Ln Water Svc 766.74 500071797 7/3/25 Jun'25 CSA 145 ROW Water Svc-Murrieta Rd 396.43 500072316 7/3/25 Jun'25 LLMD Zone 77 Water Svc 301.33
500073607 7/3/25 Jun'25 LLMD Zone 81 Water Svc 388.70
500075951 7/3/25 Jun'25 AMR Sports Park Water Svc 250.65 500077836 7/3/25 Jun'25 AMR ROW Water Svc 2,273.04
500078190 7/3/25 Jun'25 LLMD Zone 3 Water Svc 1,767.35
500079022 7/3/25 Jun'25 AMR ROW Water Svc 5,111.54
500079270 7/3/25 Jun'25 LLMD Zone 77 Water Svc 1,045.58 500087081 7/3/25 Jun'25 CFD 2015-2 Annexation 34 Zone 34 383.00 500160209 7/3/25 Jun'25 CSA 145 School Park Dr Water Svc 3,334.52 500163592 7/3/25 Jun'25 LLMD Zone 3 Water Svc 344.65
500795805 7/3/25 Jun'25 Holland Overpass ROW Water Svcs 434.17 500800466 Jul'25 Holland Overpass Water Svcs 307.40
36,522.30
73242 7/18/2025 EASTERN MUNICIPAL WATER DIST. 500000191 7/7/25 Jun'25 Fire Station #76 Water Svc 177.48 500000768 7/7/25 Jun'25 AMR Sports Park Irrigation 165.48 500004008 7/7/25 Jun'25 Fire Station #76 Water Svc 35.65 500083873 7/7/25 Jun'25 LLMD Zone 167 Water Svc 181.61
500145028 7/7/25 Jun'25 LLMD Zone 3 Water Svc 30.76
500154617 7/7/25 Jun'25 Rancho Ramona Park Water Svc 172.19 500154618 7/7/25 Jun'25 CSA 33 Water Svc-Alta Vista Way 162.95 500681987 7/7/25 Jun'25 Remington Water Svc 92.52
500775199 7/7/25 Jun'25 Talavera Park Water Svc 104.91
500000508 7/3/25 Jun'25 CSA 145 School Park Dr Water Svc 23.38 500015569 7/3/25 Jun'25 LLMD Zone 3 Water Svc 40.97
500081480 7/3/25 Jun'25 Ferguson ROW Water Svc 69.14
500083890 7/3/25 Jun'25 CSA 145 Rim Creek Path Water Svc 61.87 500084613 7/3/25 Jun'25 Hidden Hills Park Restroom Water Svc 146.18 500084615 7/3/25 Jun'25 Hidden Hills Park Irrigation Svc 22.57 500086730 7/3/25 Jun'25 Central Park Water Svc 98.36
500087044 7/3/25 Jun'25 Centennial Park Water Svc 82.86 500138106 7/3/25 Jun'25 Firestation #68 Water Svcs 78.73 500138108 7/3/25 Jun'25 Firestation #68 Water Svc 24.42 500158562 7/3/25 Jun'25 LLMD Zone 3 Water Svcs 115.85
500160706 7/3/25 Jun'25 LLMD Zone 3 Water Svc 155.99
500403157 7/3/25 Jun'25 CFD2015-2 Annex #7, Zone 8 Water Svc 171.06 500520377 7/3/25 Jun'25 Lyle Marsh Park Restroom 73.75
2,288.68

Item Title: 10.2
Warrant Register
Item Page Number: 9

Menifee Mayor and City Council
August 20, 2025
Page
24 of 731

Voucher Date Vendor Invoice Number PO # Description Amount 73243 7/18/2025 EWING IRRIGATION PRODUCTS, INC 26664658 CS Underwood Park Facilities Maint 204.17 73244 7/18/2025 FRONTIER CALIFORNIA INC. 3100109929 6/19/25 Jul'25 Spirit Park FIOS 300.98 9511970818 7/1/25 Jul'25 CS DIA Svc 990.00
9516798460 6/28/25 Jul'25 Senior Center Fire Alarm 70.13 3101500013 7/6/25 Jul'25 City Hall IP Circuit (Main) 449.81 9511970298 7/4/25 Jul'25 City Hall Dedicated Fiber (EIA) 990.00 9511970334 7/7/25 Jul'25 Fire Station 5 DIA Svc 934.50
9511970579 7/4/25 Jul'25 PD HQ Dedicated Fiber (EIA) 990.00 9511970673 7/1/25 Jul'25 Menifee PD EVPL (Live Scan) 227.48 9516792323 7/6/25 Jul'25 PW Yard FIOS Svc 863.13
9516793592 7/4/25 Jul'25 City Hall Alarm Svc 316.25
6,132.28
73245 7/18/2025 GLASS AMERICA (CALIFORNIA) LLC 7502489 Econ Dev Vehicle Maintenance 525.17 73246 7/18/2025 GOGOVAPPS 25-253 26100005 FY25/26-CE GOGov Subscr Citizen Req. 10,284.00 73247 7/18/2025 GOSCH FORD OF TEMECULA 3188433 CS Vehicle Maintenance 957.98 3188757 PW Vehicle Maintenance 367.07
3188968 PW Vehicle Maintenance 183.09
1,508.14
73248 7/18/2025 GRIDIRON TRAINING 000621 PD Training-Sep15-19, 2025 2,028.00 73249 7/18/2025 IGOE ADMINISTRATIVE SERVICES 362145 Jul'25 Cobra Spending Acct Mnthly Fee 45.22 73250 7/18/2025 IMPERIAL SPRINKLER SUPPLY 0021654471-003 CS Hidden Hills Park Irrigation Supplies 408.37 0021837610-002 CS Spirit Park Irrigation Supplies 85.71 0021861555-001 CS Spirit Park Irrigation Supplies 14.42 0021866369-001 CS AMR ROW Irrigation Supplies 12.81
0021886719-001 CS Centennial Park Irrigation Supplies 36.39 0021887415-001 CS ROW Irrigation Supplies 366.70
0021837610-001 CS Spirit Park Irrigation Supplies 20.17 0021921807-001 CS ROW Irrigation Supplies 193.15
0021926725-001 CS ROW Irrigation Supplies 94.28
0021932040-001 CS Parks Irrigation Supplies 12.10
0021932480-001 CS ROW Irrigation Supplies 9.39
0021944821-001 Fire Facilities Maint 605.88
0021977175-001 CS ROW Irrigation Supplies 113.33
0022028510-001 CS Spirit Park ROW Irrigation Supplies 320.98 0022008730-001 CS Zone 3 ROW Irrigation Supplies 5.92
2,299.60
73251 7/18/2025 INTERNATIONAL ECONOMIC 111199 ECD Real Estate Dev & Reuse Course Registration 535.00

Item Title: 10.2
Warrant Register
Item Page Number: 10

Menifee Mayor and City Council
August 20, 2025
Page
25 of 731

Voucher Date Vendor Invoice Number PO # Description Amount 73252 7/18/2025 JOLLY JUMPS 070125 26100009 CS Slide for Summer Camp 295.00 JJ2115 26100008 CS Summer Camp Obstacle Course and Bounce House 425.00 JJ2117 26100008 CS Summer Camp Obstacle Course and Bounce House 295.00 JJ2118 26100008 CS Summer Camp Obstacle Course and Bounce House 275.00 1,290.00
73253 7/18/2025 KNOTT'S BERRY FARM 045RC11890090 CS Knott's Berry Farm Summer Field Trip 2,903.00 73254 7/18/2025 LANGUAGE LINE SERVICES, INC 11654163 25100179 Jun'25 Comprehensive Interpretation 132.62 73255 7/18/2025 LOWES 983556 -PENRHR PW ROW Maint 37.56 984170 -PFDVON PD Facilities Materials/Supplies 20.21
984334 -PFDVOP Fire Facilities Maint 123.71
972366 -PFJVHX CS La Ladera Park Facilities Maint 470.54 988258 -PFIQGS City Hall Facilities Materials/Supplies 40.77 997135 -PFRLSQ CS Parks Supplies 94.22
787.01
73256 7/18/2025 MENIFEE 24/7 07012025 COM Ad Package Menifee 24/7 6,096.00 73257 7/18/2025 MENIFEE UNION SCHOOL DIST. ZSQNK5K8YT3A 25100782 CS Get Her in the Game Gym Rental 4,270.00 73258 7/18/2025 MISS APRIL'S DANCE 18753 CS Jun'25 Dance Instructor Pmt 1,021.20 73259 7/18/2025 MNJ TECHNOLOGIES DIRECT INC CINV004105434 25100900 PW Construction Equipment 1,762.20 73260 7/18/2025 NATIONAL AUTO FLEET GROUP WC10657 25100604 PD Vehicle Purchase F310371 74,998.48 73261 7/18/2025 O'REILLY AUTO PARTS 4746-256829 PD Vehicle Maintenance 214.21 4746-256834 PD Vehicle Maintenance 214.21
4746-260134 PW Material & Supplies 58.00
486.42
73262 7/18/2025 OCTMA JUL'25-JUN'26 PD OCTMA Annual Fees 100.00 73263 7/18/2025 OLD TOWN WISE RIDERS, INC 198455 PD Outsourced Fleet Repairs 1,302.78 73264 7/18/2025 PACIFIC PRODUCTS & SVCS. LLC 36318 PW Materials and Supplies Sign Maintenance 1,955.75 73265 7/18/2025 PAUL EARLY 07182025 CS Moonlight Market Performance 1,800.00 73266 7/18/2025 PRISTINE UNIFORMS, LLC 692 PD Uniforms 204.41 694 PD Uniforms 96.79
696 PD Uniforms 328.36
699 PD Uniforms 369.67
999.23

Item Title: 10.2
Warrant Register
Item Page Number: 11

Menifee Mayor and City Council
August 20, 2025
Page
26 of 731

Voucher Date Vendor Invoice Number PO # Description Amount 73267 7/18/2025 QUEST 571638 24100196 IT Quest Enterprise Backup Svcs 835.00 73268 7/18/2025 ALEJANDRA MARES- GRANADOS 18554 CS Lazy Creek Facility Rental Deposit Refund 200.00 73269 7/18/2025 AMANDA SNIDER 18756 CS Youth Basketball Coach Reimbursement 285.00 73270 7/18/2025 ANNETTE ANZURES 18750 CS Palm Room Facility Rental Deposit Refund 200.00 73271 7/18/2025 DIANE BARBOSA 18748 CS Refund - Cancellation of Polynesian Camp 120.00 73272 7/18/2025 JULIE MEDEROS 18749 CS Lazy Creek Facility Rental Deposit Refund 200.00 73273 7/18/2025 KASSANDRA MARTINEZ 18824 CS North Annex Facility Rental Deposit Refund 100.00 73274 7/18/2025 MARVITA GRIMES 18557 CS Palm Room Deposit Refund Less Processing Fee 188.00 73275 7/18/2025 MARYDEANE GRIFFIN 18825 CS Palm Room Facility Rental Deposit Refund 200.00 73276 7/18/2025 MICHELLE CHAN 18755 CS Cancellation of July Pickleball Session 85.00 73277 7/18/2025 VANESSA SALAZAR 18556 CS Palm Room Facility Rental Deposit Refund 200.00 73278 7/18/2025 FRANK HADDADIN 18342 Deposit Account Refund PMT24-01218 2,000.00 73279 7/18/2025 GREENCUBE SOLAR CORP. 18343 Permit Refund PMT25-02687 728.32 73280 7/18/2025 SUNRUN 18345 Permit Refund PMT25-02483 728.32 73281 7/18/2025 SUNRUN 18346 Permit Refund PMT25-02485 728.32 73282 7/18/2025 SUNRUN 18348 Permit Refund PMT25-02486 728.32 73283 7/18/2025 SUNRUN 18349 Permit Refund PMT25-02487 728.32 73284 7/18/2025 SUNRUN 18350 Permit Refund PMT25-02488 728.32 73285 7/18/2025 SUNRUN 18352 Permit Refund PMT25-02489 728.32 73286 7/18/2025 SUNRUN 18354 Permit Refund PMT25-02490 728.32

Item Title: 10.2
Warrant Register
Item Page Number: 12

Menifee Mayor and City Council
August 20, 2025
Page
27 of 731

Voucher Date Vendor Invoice Number PO # Description Amount 73287 7/18/2025 SEBAZ VIDEO PRODUCTIONS, INC 62925 COM Independence Day B-Roll Video Production 1,475.00 73288 7/18/2025 SHI INTERNATIONAL CORP. B19942513 IT Equipment Warranty Purchase 117.65 B19615295 25100542 Firewall Subscription Fire Station 5 3,107.09 B19959934 25100732 DUO Licenses 27,873.00
31,097.74
73289 7/18/2025 SO CAL SHORT LOAD INC 001196 PW Street Maintenance 777.50 73290 7/18/2025 SOUTHERN CALIFORNIA EDISON 700055057749 7/8/25 Jun'25 2015-2 Annexation #12 Traffic Signal Svc 96.47 700351649393 7/8/25 Jun'25 Briggs Rd Signal Svc 189.13
700528318931 7/8/25 Jun'25 City Signal Svc 487.06
700362876640 7/1/25 Jun'25 CFD 2012-1 AMR Streetlight Svc 171.85 700056766363 7/9/25 Jun'25 Central Park Electric Svc 694.83 700088568320 7/9/25 Jun'25 Newport Bridge Light Svc 56.21 700210273412 7/9/25 Jun'25 Senior Ctr Electrical Svc 5,862.89 700249578216 7/9/25 Jun'25 LLMD ZONE 167 Signal Svc 108.35 700253176512 7/9/25 Jun'25 Park City TC-1 Signal Svc 126.95 700283505883 7/9/25 Jun'25 AMR Silverstar Irrigation Svc 79.21 700327396565 7/9/25 Jun'25 Hidden Hills Park Electric Svc 89.64 700710295476 7/9/25 Jun'25 Lazy Creek Electrical Svc 990.69 700757799612 7/9/25 Jun'25 CIP(21-09) Project Traffic Signal Sun City 175.30 700757899339 7/9/25 Jun'25 CIP21-07 Traffic Signal La Piedra/Menifee R 114.58 700884200009 7/9/25 Jun'25 Banner Village Park CFD 2017-1 Zone 8 1,395.50 700921931995 7/9/25 Jun'25 CFD2012-2 Hidde Hills ROW Landscape 500.68 700849733683 7/10/2 Jun'25 Traffic Signal #7220 Evans/La Piedra 200.05 700228070080 7/10/25 Jun'25 LLMD Zone 167 Signal Svc 152.76 700033176468 7/10/25 Jun'25 LLMD Irrigation Svc 624.89
700268849486 7/11/25 Jun'25 CFD 2017-1 Town Center Traffic Signal Svc 113.41 700268863432 7/11/25 Jun'25 CFD 2017-1 Town Center Traffic Signal Svc 59.84 700268894249 7/11/25 Jun'25 CFD 2017-1 Town Center Traffic Signal Svc 100.95 700647813231 7/11/25 Jun'25 Scott/Murrieta Rd Traffic Signal Svc 133.39 700529353801 7/14/25 Jun'25 PD HQ Electrical Svc 3,226.56 700738858441 7/14/25 Jun'25 Sunset Park Electrical Svc 74.23 15,825.42
73291 7/18/2025 SOUTHERN CALIFORNIA EDISON 700058132851 7/9/25 Jun'25 CFD 2015-2 Annex 12 Traffic Signal Svc 41.01 700085556771 7/9/25 Jun'25 Newport Bridge Traffic Signal 17.74 700253167519 7/9/25 Jun'25 Park City LS3 Signal Svc 33.86 700288704174 7/9/25 Jun'25 AMR Sports Park Electrical Svc 28.42 700303753524 7/9/25 Jun'25 AMR ROW Irrigation Svc 17.53 700303769688 7/9/25 Jun'25 AMR ROW Irrigation Svc 17.60 700648541337 7/9/25 Jun'25 CFD 2015-2 Annex 28 Electrical Svc 17.93 700670073115 7/9/25 Jun'25 CFD 2015-2 Annex 28 Streetlight Svc 48.57 700685745988 7/9/25 Jun'25 CFD 2015-2 Annex 18, Zone 19 Streetlight Sv 17.39 700167267551 7/11/25 Jun'25 Comm Shack Daily Rd Electric Svc 55.00

Item Title: 10.2
Warrant Register
Item Page Number: 13

Menifee Mayor and City Council
August 20, 2025
Page
28 of 731

Voucher Date Vendor Invoice Number PO # Description Amount 700225822815 7/11/25 Jun'25 LLMD Zone 167 Safety Lights Svc 14.10 700226009741 7/11/25 Jun'25 LLMD Zone 167 Irrigation Svc 16.36 700268908801 7/11/25 Jun'25 CFD 2017-1 Town Cntr Irrigation Svc 15.91 700725107578 7/11/25 Jun'25 Paloma Wash Trail Irrigation Svc 16.28 700816409335 7/11/25 Jun'25 CIP 21-015 Signal Svc 31.07 700303731902 7/14/25 Jun'25 AMR ROW Irrigation Svc 29.91 700308269175 7/14/25 Jun'25 Town Center Irrigation Svc 31.80 700352616969 7/14/25 Jun'25 AMR Sports Park Electric Svc 32.48 482.96
73292 7/18/2025 SUN CITY HARDWARE 6726777 7/1/2025 CS & PW Supplies 784.64 73293 7/18/2025 T & D DESIGNS 250712 ECD Marketing Shirts 324.75 73294 7/18/2025 TOYOTA OF HEMET 2157291 PD Vehicle Maintenance 539.30 2157709 CS Vehicle Maintenance 149.16
688.46
73295 7/18/2025 TYLER TECHNOLOGIES, INC 025-516641 26100029 FY26 MyCivic Citizen Subscription 5,360.41 73296 7/18/2025 ULINE, INC 194676829 PW Materials & Supplies 897.35 194565797 PD Furniture 8,113.88
9,011.23
73297 7/18/2025 WEST TOW 25-146816 PD Vehicle Towing Svcs 45.00 25-147097 PD Vehicle Towing Svcs 130.00
175.00
73298 7/18/2025 WRSP, LLC rr-0086 PD Facility Rental FY25-26 6,000.00 73299 7/18/2025 SOUTHERN CALIFORNIA EDISON 700589354664 7/8/25 Jun'25 McCall TC-1 Signal Svc 141.83 700755261949 7/8/25 Jun'25 Traffic Signals Hidden Hill, LLMD89-1 Zone 429.21 700795574745 7/8/25 Jun'25 CFD2012-1 AMR Streetlights 46.35 700158305963 7/1/25 Jun'25 Electrical Svc Various Locations 35,992.29 700816436011 7/11/25 Jun'25 CIP 21-015 Signal Svc 109.52 700611879276 7/14/25 Jun'25 Antelope Rd TC-1 Signal Svc 129.04 700709848872 7/14/25 Jun'25 CFD 2015-2, Annex 11, Zone 12 Streetlight S 194.87 700765714408 7/14/25 Jun'25 CIP-City Project Install Traffic Signal Men 160.74 700857195108 7/14/25 Jun'25 Traffic Signal Haun/Holland 171.60 37,375.45
145 Vouchers in this report Total Vouchers 870,395.04

Item Title: 10.2
Warrant Register
Item Page Number: 14

Menifee Mayor and City Council
August 20, 2025
Page
29 of 731

Voucher List
City of Menifee
Voucher Date Vendor Invoice Number PO # Description Amount 802298 7/25/2025 24 HR. EXPRESS SERVICES, INC i188978 CS Rec Center Facilities Maint 235.00 i189053 City Hall Facilities Maint 475.00
710.00
802299 7/25/2025 4IMPRINT, INC. 29763880 CS National Night Out Promo Materials 912.63 802300 7/25/2025 ACCENTURE INFRASTRUCTURE & CAPITAL PROJECTS, LLC 33415 24100276 Jun'25 Pro Svcs CIP13-04 Bradley Road Bridge 35,428.00 802301 7/25/2025 ACT 1 CONSTRUCTION INC. 25 24100254 May25 Construction Svcs Fire Station 5 53,677.91 802302 7/25/2025 AMAZON CAPITAL SERVICES, INC. 1HCN-P49N-1W31 Bus. Amazon Prime Membership Fee 847.16 1D6F-4H6G-HTQV HR Employee Awards 144.07
1Q6Q-GT3L-KG4M IT Small Tools/Field Equip 962.86
1FRK-7P4N-W311 IT USB-C Adapter 130.00
1RGN-47GK-YRVW CS Sports Watch Me Grow Supplies 743.56
1QWD-RLTH-PRH6 CS Day of the Dead Cultural Arts Supplies 141.33 1NWT-CXDQ-JR91 CE Small Tools/Field Equip 493.08
114W-CYT9-XXMP PD Backpacks 1,971.48
19HP-DLYM-Y3FY PW Streets Small Tools/Field Equip 130.72 1R4Q-CHRH-6TVR PW Facilities Universal Condensate Pump 167.46 1TCL-KC4K-617N IT Printer Ink Tank 162.53
137Y-L4XY-G34P PD Facilities Maint 96.72
1R71-FXJ6-4XNX CS Parks Facilities Maint 244.40
1HYY-MVLC-4W43 Fire Facilities Maint 224.00
1G3R-KQ9X-3HFL HR Employee Wellness Trophies 130.44
1PWV-DY3F-NQT6 CS Adventure Camp Supplies 304.53
1R6L-LKR6-CDFQ PW Fleet Materials/Supplies 291.40
14RH-3J4N-9RGQ B&S Vehicle Maint 186.40
11L7-VCV1-6KDQ PD Office Supplies 415.46
1HP6-J79L-9W7H PW/ENG Vehicle Maint 186.40
1JLR-1VJH-C6TC City Hall Facilities Materials/Supplies 288.12 1D4X-4GXD-RF6T PD Supplies 228.35
1FR9-K9T1-HK7G PD Facilities Materials/Supplies 208.70
1FR9-K9T1-RQHY CS Vehicle Maint 988.47
14D7-LD6T-RRRW PW Streets Vehicle Maint 988.47
10,676.11
802303 7/25/2025 AMAZON CAPITAL SERVICES, INC. 193C-XMHY-DCLC Finance Office Supplies 15.21 1YTQ-WNMT-HFRM City Hall Office Furniture Replacement Key 68.67 1MPH-KW99-JR3F PW/ENG Office Supplies 52.41
17M4-DVNQ-JV3D CS Park Ranger Supplies 41.96
1Q6Q-GT3L-VH9N Finance Office Supplies 54.55
1JD7-VGJ6-NC33 PW Streets Fuses 8.58
1R6N-QMGL-PDJJ PD Facilities Materials/Supplies 10.86

Item Title: 10.2
Warrant Register
Item Page Number: 15

Menifee Mayor and City Council
August 20, 2025
Page
30 of 731

Voucher Date Vendor Invoice Number PO # Description Amount 1HLG-H4YK-17GT IT/PD Computer Monitor Desk Stand 51.65
1HGV-LHCL-6WN1 IT Compressed Air Dust Cleaner 29.34
1W6H-9VGX-3TYQ CS Healthy Menifee Cooking With Kids Supplies 29.35 16CL-63HN-CWHW CS Parks ROW Small Tools/Field Equip 15.01 16VW-3G7W-CX19 CS Menifee Recycles Supplies 21.74
1RLR-YTJM-9GJH CS Facilities Emergency Exit Signs 91.34 13KL-DJM4-4N1C IT iPad Case 32.26
13LG-GKQF-TDKJ Finance Fireproof Safe Box 42.43
1KCQ-RNX3-FVWX CS Lazy Creek Office Supplies 84.24
1YKT-FGXY-QTHC CS Parks Small Tools/Field Equip 70.58
1Y9W-MTP1-VTLR CS Employee of the Quarter Award 81.83
802.01
802304 7/25/2025 BOOT BARN INC. INV00498455 CS Boots Aaron Narcisse 269.13 INV00499862 CS Boots Nicolas Saucedo 300.00
569.13
802305 7/25/2025 CG RESOURCE MANAGEMENT & ENGINEERING, INC. 1450 24100130 Apr25-Jun25 Non-Recoverable NPDES Program Svcs 870.00 802306 7/25/2025 CHARTER COMMUNICATIONS 127158101072125 Aug'25 Satellite Svcs (Various Locations) 1,159.72 802307 7/25/2025 CUMMING MANAGEMENT GROUP, INC. 172162 25100397 Jun25 Labor Compliance Svcs Civic Ctr Parking Lot 1,440.00 172164 25100698 Jun25 Labor Compliance Svcs Paloma Wash Pedestrian 140.00 172165 25100843 Jun25 Labor Compliance Svcs Cherry Hills Improveme 360.00 1,940.00
802308 7/25/2025 DUDEK 202505398 25100479 Jun'25 CEQA Svcs Liberty Bus. Ctr 3,585.00 802309 7/25/2025 EPD SOLUTIONS, INC. 14497-R 25100655 CS Quail Valley Park Env Documentation & Tech Svcs 35,681.25 802310 7/25/2025 ETECH-360 INC MF-Inv#129 25100922 As Needed Professional IT Support 12,064.00 MF-Inv-131 25100922 As Needed Professional IT Support 10,730.00 22,794.00
802311 7/25/2025 FAIR HOUSING COUNCIL 18622 25100342 CDBG 24/25 Program Reimb Req #12 2,005.71 802312 7/25/2025 FIFTH ASSET INC. DB2003343 26100030 DebtBook Subscription (GASB 87 & GASB 96) 12,000.00 802313 7/25/2025 HILLCREST CONTRACTING, INC. PB33345 25100497 CIP 22-24 Civic Center Parking Lot Project 417,888.66 PB33378 25100497 Jun25 CIP 22-24 Civic Center Parking Lot Project 475,471.30 893,359.96
802314 7/25/2025 INTERGRATED PEST CONTROL MGMT, INC. 98116 25100114 Jun'25 AMR Pest Control Services 160.00 802315 7/25/2025 J. SMITH & T. MULI, INC. 10930625 25100893 On Call Hydrological Rev & Insp Svc Menifee Valley 1,085.00

Item Title: 10.2
Warrant Register
Item Page Number: 16

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August 20, 2025
Page
31 of 731

Voucher Date Vendor Invoice Number PO # Description Amount 802316 7/25/2025 KC GRAPHICS 710CW PD Printing Services 488.25 802317 7/25/2025 KIMLEY-HORN AND ASSOCIATES, INC. 32339097 25100735 May'25 CEQA Svcs-Heritage Valley EIR 68,627.50 32385222 25100609 Design Svcs Craig Evans Traffic Signal 9,552.50 78,180.00
802318 7/25/2025 KOBATA ASSOCIATES, INC. 12 2025 25100040 Jun'25 Landscape & Insp Svcs 5,320.00 802319 7/25/2025 LEADSONLINE LLC 418311 26100039 FY25/26 PD LeadsOnline License Renewal 12,622.00 802320 7/25/2025 MNJ TECHNOLOGIES DIRECT INC CINV004107905 25100900 Public Works Construction Equipment 13,376.44 802321 7/25/2025 NV5 INC 456697 25100600 Improvements Review for Nautical Cove Ph2 464.68 456699 25100631 Street Imp Rvw-TM38303 Menifee Valley Briggs Rd 4,863.21 456703 25100659 Grading Rvw-TR37671 Banner Park II 1,254.00 456705 25100662 Preliminary WQMP and Hydrology-Boulders II 2,886.74 456712 25100762 Grading & Street Imp Rwv-Coronado Condos PM38577 940.49 456715 25100762 Grading & Street Imp Rwv-Coronado Condos PM38577 757.49 456717 25100762 Grading & Street Imp Rwv-Coronado Condos PM38577 874.19 456709 25100762 Apr25 Grading & Street Imp Rwv-Coronado Condos 1,523.99 439373 25100600 Feb25 Improvements Review for Nautical Cove Ph2 1,694.81 439375 25100600 Feb25 Improvements Review for Nautical Cove Ph2 1,973.30 440824 25100631 Jan25-Feb25 St Imp Rvw Menifee Valley Briggs Rd 7,997.13 458979 25100600 May-Jun25 Improvements Review Nautical Cove Ph2 545.31 25,775.34
802322 7/25/2025 OPTIMA RPM, INC 17 24100102 May'25 Central Park Amphitheater Proj 75,363.51 15 24100102 May'25 Central Park Amphitheater Proj 19,779.10 14 24100102 Feb/Mar'25 Central Park Amphitheater Proj 35,820.70 130,963.30
802323 7/25/2025 PARKHOUSE TIRE, INC 2010957134 PD Vehicle Tires 795.91 2010957555 PD Vehicle Tires 531.85
2010957778 PW Vehicle Tires 260.89
2010958036 PW Vehicle Tires 274.89
2010958035 PD Vehicle Tires 1,475.08
2010958121 PW Vehicle Tires 76.08
3,414.70
802324 7/25/2025 PARSONS TRANSPORTATION GROUP, INC. 2506A673 25100390 Mar25 - May25 Legado McCall/Encanto Intersection 1,428.00 802325 7/25/2025 PARTS AUTHORITY, LLC 108408 Credit PD Vehicle Maintenance (121.75) 295239341 PD Vehicle Maintenance 22.51
295-239458 PD Vehicle Maintenance 117.66
062-552831 PD Vehicle Maintenance 123.52
292544067 PD Vehicle Maintenance 31.15

Item Title: 10.2
Warrant Register
Item Page Number: 17

Menifee Mayor and City Council
August 20, 2025
Page
32 of 731

Voucher Date Vendor Invoice Number PO # Description Amount 295239508 PW Equip Maintenance 71.61
62554966 PD Vehicle Maintenance 124.58
292-544067 PW Equip Maintenance 31.15
400.43
802326 7/25/2025 POLAR EXPRESS HEATING & AIR CONDITIONAING, INC 83384926 PD Facilities Maint 149.00 802327 7/25/2025 PROMO SHOP, INC. 419884-1 CS Parks Jackets 1,421.65 419646-1 CS T-Shirts for Event Staff 452.19
419450-1 CS T-Shirts for PT Rec Staff 495.49
2,369.33
802328 7/25/2025 PRUDENTIAL OVERALL SUPPLY 23828536 P/W Uniform Cleaning Svc 404.90 23828537 Fleet Pro Cleaning Svc 43.91
448.81
802329 7/25/2025 QUINN RENTAL SERVICES 32491701 25100728 CS Independence Celebration Light Tower Rental 704.44 802330 7/25/2025 REC TECHNOLOGIES INC 25613852 26100027 Recreation Mgmnt Software 6,500.00 802331 7/25/2025 RHYTHM TECH PRODUCTIONS, LLC 1697 CS Shakespeare in the Park Stage/Sound Ent 2,500.00 802332 7/25/2025 RINCON CONSULTANTS, INC 67313 24100047 Jun'25 CEQA Svcs Cypress Sands 3,354.25 67292 25100051 Jun'25 CEQA Svcs Trumble & Watson 8,308.50 11,662.75
802333 7/25/2025 RSM DESIGN 27598 25100801 ED Park Signage Project Design Svcs 1,000.00 27813 25100801 CIP 24- 10 Park Signage Project Design Svcs 4,000.00 5,000.00
802334 7/25/2025 RUTAN & TUCKER, LLP 1031478 May'25 City Legal SVCS PW-Reimb 7,026.00 802335 7/25/2025 S. CALIF. ASSOC. OF GOVTS SCAG FY26 0109 FY 26 SCAG Membership Dues 15,868.00 802336 7/25/2025 SPICER CONSULTING GROUP LLC 1897.1 25100925 Fiscal Impact Review Svcs. (FIA Seaflower Review) 1,600.00 1897 25100037 Fiscal Impact Review Svcs. (FIA Seaflower Review) 2,000.00 3,600.00
802337 7/25/2025 TERRYBERRY COMPANY, LLC. T03966 HR Employee Recognition 218.58 T03967 HR Employee Recognition 193.02
T05292 Staff Recognition 5 yr 81.92
T05293 Staff Recognition 5 yr 141.32
T05933 Staff Recognition 5 yr 48.94
T05934 Staff Recognition 5 yr 156.74
T07163 Staff Recognition 5 yr 84.64
925.16

Item Title: 10.2
Warrant Register
Item Page Number: 18

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Voucher Date Vendor Invoice Number PO # Description Amount 802338 7/25/2025 VET CORPS CONTRACTING, INC 1 25100777 May25-Jun25 Pedestrian Crossing Audie Murphy Rd. 34,302.12 802339 7/25/2025 VULCAN MATERIALS COMPANY 3867533 PW Street Maintenance Materials 249.36 3867753 PW Street Maintenance Materials 614.29
3904348 PW Street Maintenance Materials 249.36
3914923 PW Street Maintenance Materials 610.68
3931237 PW Street Maintenance Materials 588.20
3931810 PW Street Maintenance Materials 584.74
3958031 PW Street Maintenance Materials 585.90
3,482.53
802340 7/25/2025 WEST COAST ARBORISTS INC. 230891 CS Centennial Park Oak Trees Arborist Svcs 1,760.00 231080 Fire Station 7 Facilities Maint 2,835.00
231121-A Jun 16-30 '25 CFD 492 Town Center Prune Svcs 5,670.00 10,265.00
802341 7/25/2025 WEX BANK 105943122 Jun'25 City Vehicle Fuel & Maint 44,682.82 802342 7/25/2025 WRCRCA 18221 May'25 MSHCP Fees 340,022.06 73300 7/25/2025 ADAME LANDSCAPING, INC. 110157 25100103 May'25 Planter Area & Turf Maint. Svcs. 1,065.81 110581 25100103 Jun'25 Planter Area & Turf Maint. Svcs. 1,065.81 2,131.62
73301 7/25/2025 ADAMSON POLICE PRODUCTS INV437509 PD Body Armor 1,484.29 73302 7/25/2025 APPLEONE EMPLOYMENT SERVICES 01-7121875 Temp Employee Svcs PE 6/28/2025 1,447.31 01-7121874 PE 6/28/25 Temp Emp Svcs 1,261.60
01-7126225 CLK PE 7/5/25 Temp Emp Svcs 1,241.51
01-7126226 PE 07/5/25 Temp Emp Svcs HR Dept 1,416.48
5,366.90
73303 7/25/2025 AUTOZONE INC. 06163927591 CS Vehicle Maintenance 200.00 73304 7/25/2025 BACKFLOW TESTING BY PATRICK 2942 Facilities Backflow Testing J056646 90.00 73305 7/25/2025 BARBIERI, PAUL 26-033E T&T Adv Paul Barbieri Leadership Training TBW 104.00 73306 7/25/2025 BARNES, LAURA 26-029-A T&T Adv Laura B. CA DOJ Cyber Crimes Training 210.00 73307 7/25/2025 BEARE, DANNY 26-033H-A T&T Adv Danny B. Leadership Training TBW 104.00 73308 7/25/2025 BIO-TOX LABORATORIES INC 47709 25100025 PD Blood Alcohol Analysis 6,412.00 47792 25100025 PD Blood Alcohol Analysis 232.00
6,644.00
73309 7/25/2025 BOONE RECYCLED MATERIALS, INC. 22209 PW Materials and Supplies 110.00

Item Title: 10.2
Warrant Register
Item Page Number: 19

Menifee Mayor and City Council
August 20, 2025
Page
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Voucher Date Vendor Invoice Number PO # Description Amount 73310 7/25/2025 CAL TRUE VALUE 006770/1 CS Parks Supplies 26.69 006783/1 CS KCSC Materials/Supplies 35.21
006785/1 CS AMR Small Tools/Field Equip 44.99
006797/1 CS Banner Park Facilities Maint 31.29
006804/1 CS AMR Park Irrigation Supplies 12.71
006806/1 CS Mayfield Park Facilities Maint 27.58
006808/1 CS Remington Park Facilities Maint 51.33
006809/1 CS Lyle Marsh Park Irrigation Supplies 4.19
233.99
73311 7/25/2025 CALIFORNIA ASSOCIATION 14765 PD CAPE Renewal 60.00 73312 7/25/2025 CALIFORNIA INTERGOVERNMENTAL INV-2734 Work Comp / CIRA Liab Apr-Jun 2025 121,385.22 73313 7/25/2025 CALIFORNIA PEACE OFFICERS', ASSOCIATION 460890 CPOA PD Membership 1,785.00 73314 7/25/2025 CARRINO, CHRISTOPHER 26-033J-A T&T Adv Christopher C. Leadership Training TBW 104.00 73315 7/25/2025 COLANTUONO, HIGHSMITH & WHATLEY, PC 66025 Legal Svcs Richland Comm Proj Retainer 540.00 73316 7/25/2025 CITY OF MURRIETA AR051879 COM JD Productions Video Book 255.16 AR051904 FY25 4rd QTR PD Dispatch Svcs 865,355.11
865,610.27
73317 7/25/2025 CA MUNICIPAL TREASURER'S ASSOCIATION 300004187 CMTA Annual Membership Lauri Lockwood 125.00 73318 7/25/2025 COUNTS UNLIMITED 25424 25100715 Traffic Data Collection in City of Menifee 5,750.00 73319 7/25/2025 CUTTING EDGE SUPPLY 073912 PW Equip Maintenance 1,569.49 73320 7/25/2025 DATAPILOT, INC. 9857875 PD Software 995.00 73321 7/25/2025 DIRECTV, LLC 004016741X250716 Jul'25 Firestation #7 Satellite Svc 128.99 73322 7/25/2025 EASTERN MUNICIPAL WATER DIST. 500163394 7/16/25 Jan-Jun'25 Air Gap Construction Water Meter Usage 1,193.32 500072538 7/18/25 Jul'25 LLMD Zone 3 Water Svc 616.17
500072542 7/18/25 Jul'25 LLMD Zone 3 Water Svc 515.80
500072544 7/18/25 Jul'25 LLMD Zone 3 Water Svc 312.32
500076722 7/18/25 Jul'25 La Piedra/Sherman Irrigation Water Svc 172.98 500077538 7/18/25 Jul'25 AMR ROW Water Svc 170.82
500077650 7/18/25 Jul'25 AMR ROW Irrigation Svc 598.81
500077903 7/18/25 Jul'25 AMR ROW Water Svc 446.08
500077904 7/18/25 Jul'25 AMR ROW Water Svc 334.19
500077905 7/18/25 Jul'25 AMR ROW Water Svc 180.59
500079025 7/18/25 Jul'25 Town Center ROW Water Svc 299.20 500079028 7/18/25 Jul'25 Town Center ROW Water Svc 355.47

Item Title: 10.2
Warrant Register
Item Page Number: 20

Menifee Mayor and City Council
August 20, 2025
Page
35 of 731

Voucher Date Vendor Invoice Number PO # Description Amount 500079032 7/18/25 Jul'25 Town Center ROW Water Svc 313.69 500079033 7/18/25 Jul'25 Town Center ROW Water Svc 141.84 500079481 7/18/25 Jul'25 AMR Water Svc 478.67
500085671 7/18/25 Jul'25 AMR Silverstar Irrigation Water Svc 872.55 500086861 7/18/25 Jul'25 Central Park Irrigation Svc 806.27 500087092 7/18/25 Jul'25 AMR ROW Water Svc 949.31
500087515 7/18/25 Jul'25 AMR ROW Water Svc 826.28
500087645 7/18/25 Jul'25 Centennial Park Irrigation Water Svc 964.67 500304207 7/18/25 Jul'25 Sunset Park Water Svc 632.27
500775198 7/18/25 Jul'25 Talavera Park Water Svc 787.39 500586517 7/18/25 Jul'25 CFD 2017-1 Zone 2 872.14
500778348 7/18/25 Jul'25 CFD 2017-1, Zone 1 Town Center 139.52 500789284 7/18/25 Jul'25 Landsview Way Water Svc 75.65
13,056.00
73323 7/25/2025 EASTERN MUNICIPAL WATER DIST. 500304117 7/18/25 Jul'25 CFD2015-1 Annexation 20 Zone 21 Water Svc 25.46 500789290 7/18/25 Jul'25 AMR Area Water Svcs 58.92
500799745 7/18/25 Jul'25 Hidden Hills Water Svc 33.78
118.16
73324 7/25/2025 ENCODE PLUS LLC 3070 26100018 FY26- 90 Degree License Renewal 17,950.00 73325 7/25/2025 FIFE, TYLER 25-460-A T&T Adv Tyler F. PWX 2025 300.00 73326 7/25/2025 FRONTIER CALIFORNIA INC. 9516798153 7/4/25 Jul'25 Lazy Creek Alarm Svc 162.23 3231609666 7/7/25 Jul'25 PD FIOS Svc 598.26
9511970820 7/7/25 Jul'25 Lazy Creek DIA Svc 990.00
9516796259 7/16/25 Jul'25 Menifee PD EVPL (Live Scan) 240.74 9517238262 7/12/25 Jul'25 PD HQ Fax Line 82.33
9517238930 7/14/25 Jul'25 IT Satellite Office DIA Internet 204.49 2131666081 Jul'25 West Annex FIOS Svc 300.98
2,579.03
73327 7/25/2025 GALLS, LLC 031870970 CE Uniforms 329.46 73328 7/25/2025 GERONIMO, CARLOS 25-461B-A T&T Adv Carlos G. PWX 2025 270.00 73329 7/25/2025 GOGO TECHNOLOGIES, INC. 4189 25100283 CS Jun'25 Specialized Transit Program 86.95 73330 7/25/2025 GRACIE'S LUNCHBOX 908 CS Family Cookout Meals 1,348.50 73331 7/25/2025 GUTIERREZ, DAVID 26-033B-A T&T Adv David G. Leadership Training TBW 104.00

Item Title: 10.2
Warrant Register
Item Page Number: 21

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Voucher Date Vendor Invoice Number PO # Description Amount 73332 7/25/2025 HOME DEPOT CREDIT SERVICES 514051 PW Streets Small Tools/Field Equip 1,515.72 5020682 PW Streets Materials/Supplies 54.86
523742 PD Facilities Materials/Supplies 60.06
523743 Fire Facilities Maint 57.66
1900445 Fire EcoFlow Generator 5,355.98
7250019 CS Facilities Maint 919.24
2180773 PW Streets Pallet Deposit Refund (26.94)
2901850 CS Facilities Maint 1,464.21
9520098 CS Parks Small Tools/Field Equip 376.05
3182040 PD Wall Mirrors 412.68
10,189.52
73333 7/25/2025 IMPERIAL SPRINKLER SUPPLY 0022087492-001 CS AMR Park Irrigation Supplies 267.07 0022094967-002 CS ROW Zone 3 Irrigation Supplies 6.66
0022096770-001 CS Zone 3 Facilities Maint 16.71
0022098816-001 CS Hidden Hills Park Facilities Maint 185.24 0022044618-001 CS AMR Park Irrigation Supplies 456.04
0022117176-001 CS Lyle Marsh Park Irrigation Supplies 115.78 0022152587-001 CS Small Tools/Field Equip 90.75
1,138.25
73334 7/25/2025 INLAND LIGHTING SUPPLIES, INC 297267 CS Facilities Maint 1,717.16 73335 7/25/2025 INTERNATIONAL E-Z Up AAAQ528122 PD Equipment 185.21 73336 7/25/2025 JENNINGS ENVIRONMENTAL, LLC 2025-MENI-001 Pre-Construction Survey Paloma Wash BUOW 2,150.00 73337 7/25/2025 KARRER, CHRISTOPHER 26-033A-A T&T Adv Christopher K. Leadership Training TBW 104.00 73338 7/25/2025 LAUTZENHISER'S STATIONERY, LLC 13321 CLK Minute Book Printing Svcs 4,435.40 73339 7/25/2025 LEXIPOL, LLC INVLEX11253657 PD Law Enforcement Manuals 1,168.90 INVPM11256045 26100019 LEFTA Software Subscription 17,500.00 18,668.90
73340 7/25/2025 LOWES 992704 -PFNIET PW Streets Materials/Supplies 22.65 980809 -PFYEGM PD Facilities Materials/Supplies 10.01
981676 -PFYEGO PD Facilities Materials/Supplies 103.30
985944 -PGCXCG PD Facilities Materials/Supplies 22.70
992511 -PGMHBY PD Facilities Materials/Supplies 158.25
996602 -PGQIZG CS Parks Small Tools/Field Equip 137.12
996778 -PGQIZI CS Parks Facilities Maint 188.52
642.55
73341 7/25/2025 MARTIN, NICHOLAS 26-033M-A T&T Adv Nicholas M. Leadership Training TBW 104.00 73342 7/25/2025 MCNINCH, RYAN 26-033V-A T&T Adv Ryan M. Leadership Training TBW 104.00

Item Title: 10.2
Warrant Register
Item Page Number: 22

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August 20, 2025
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Voucher Date Vendor Invoice Number PO # Description Amount 73343 7/25/2025 D-PREP, LLC ACN20250826-28 PD Training Adv Crisis Negotiations 2,310.00 73344 7/25/2025 VILLAGE NEWS, INC 35240 CEO/COMM 2025 Sourcebook Print Ad Svcs 1,995.00 73345 7/25/2025 NAPA AUTO PARTS 143152 PD Vehicle Maintenance 1,663.39 73346 7/25/2025 O'REILLY AUTO PARTS 4746-263108 CS Vehicle Maintenance 36.96 73347 7/25/2025 PACIFIC PRODUCTS & SVCS. LLC 36324 PW Street Sign Maintenance 2,956.91 36332 PW Street Sign Maintenance 2,419.69
5,376.60
73348 7/25/2025 NORTHWESTERN UNIVERSITY ckarrer89 PD Executive Mgmt Program-C.Karrer 2,600.00 73349 7/25/2025 PECHANGA RESORT INC 81825 25100903 PD Teambuilding Location 4,753.04 73350 7/25/2025 PEREZ, RAUL 26-033P-A T&T Adv Raul P. Leadership Training TBW 104.00 73351 7/25/2025 PERRIS UNION HIGH SCHOOL DIST. 2025/212 25100622 CS Jun'25 PUHSD Aquatics Facility Rental 1,095.00 73352 7/25/2025 PROFORCE LAW ENFORCEMENT 577431 PD Supplies 433.88 73353 7/25/2025 R&R BUSINESS SOLUTIONS 9370 Printing Svcs-Business Cards 194.23 9369 Printing Svcs-Business Cards 194.23
388.46
73354 7/25/2025 EVA HIGAREDA 19125 CS Picnic Shelter Refund Less Processing Fee 38.00 73355 7/25/2025 JACKY MUNGUIA 19122 CS Picnic Shelter Refund Less Processing Fee 88.00 73356 7/25/2025 REP FITNESS LLC INV-1538 PD Equipment 2,720.16 73357 7/25/2025 SDI PRESENCE, LLC 19746 25100506 IT Support Services SQL Server 4,411.26 73358 7/25/2025 SH-MENIFEE, LLC F0593 SWEET Summer Staff Apprec Event Ballroom Rental 250.00 73359 7/25/2025 SHI INTERNATIONAL CORP. B20006298 26100017 IT-Palo Alto Security Subscription 31,322.61 73360 7/25/2025 SLI CLEANING SERVICES 0049 PD Biohazard Clean Up Svcs 325.00 73361 7/25/2025 SOUTHERN CALIFORNIA EDISON 700271101708 7/14/25 Jun'25 PD HQ Electrical Svc 6,875.79 700901655662 7/16/25 Jun'25 Salt Creek Trail Signalized Crossings 254.94 700805246756 7/21/25 Jun'25 Cherry Hills Electrical Svcs 184.54 700805226851 7/21/25 Jun'25 Cherry Hills Electric Svcs 72.77 700988082662 7/8/25 Jun'25 Holland Rd Electrical Svcs 68.74 7,456.78

Item Title: 10.2
Warrant Register
Item Page Number: 23

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August 20, 2025
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Voucher Date Vendor Invoice Number PO # Description Amount 73362 7/25/2025 SOUTHERN CALIFORNIA GAS, COMPANY 04592559506 7/23/25 Jul'25 Cherry Hills Gas Svc 15.78 04777071053 7/23/25 Jul'25 Fire Station #7 Gas Svc 166.19 181.97
73363 7/25/2025 SPECIALISTS INC. PAPER REC. & SHREDDING 604899 Jun'25 City Hall Shredding Svcs 115.00 73364 7/25/2025 STATE OF CALIFORNIA 833837 PD Blood Alcohol Analysis 245.00 830682 PD Finger Printing Svcs 179.00
833873 PD Blood Alcohol Analysis 70.00
831375 PD Finger Printing Svcs 373.00
867.00
73365 7/25/2025 T & D DESIGNS 250435 PD Embroidery 80.50 73366 7/25/2025 TRI STATE MATERIALS INC 118348 Fire Station 68 Facilities Maint 421.57 118349 Fire Station 68 Facilities Maint 245.13
666.70
73367 7/25/2025 VISCID DESIGN CO. 013727 PW Vehicle Decals 1,077.50 73368 7/25/2025 WEST COAST LIGHTS & SIRENS INC 28059 PD Vehicle Maintenance Unit 20-04 524.84 73369 7/25/2025 WEST TOW 25-147818 PD Vehicle Towing Svcs 130.00 25-147605 PD Vehicle Towing Svcs 115.00
25-147604 PD Vehicle Towing Svcs 130.00
25-147301 PD Vehicle Towing Svcs 115.00
490.00
73370 7/25/2025 WIGGINS, TERRENCE 26-033T-A T&T Adv Terrence W. Leadership Training TBW 104.00 73371 7/25/2025 WORLDPAC INC 45177146 PW Vehicle Maintenance 316.76 45407580 PD Vehicle Maintenance 113.83
430.59
117 Vouchers in this report Total Vouchers 3,001,112.01

Item Title: 10.2
Warrant Register
Item Page Number: 24

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Date Paid by: Payee Description Amount
7/18/2025 ACH/Checks City Payroll Payroll Period 6/28/2025 - 7/11/2025 1,394,610.02$ 7/18/2025 ACH Mission Square Payroll Period 6/28/2025 - 7/11/2025 115,940.44$ TOTAL PAYROLL: 1,510,550.46$
Date Paid by: Payee Description Amount
7/15/2025 ACH US Bank Quaterly Bank Analysis Charge 1,407.12$ 7/16/2025 ACH CALPERS - Retirement Payroll Period 5/31/2025 - 6/13/2025 179,832.58$ 7/16/2025 ACH CALPERS - Retirement Payroll Period 5/31/2025 - 6/13/2025 94,456.71$ TOTAL OTHER EFTs: 275,696.41$
TOTAL PAYMENTS: 1,786,246.87$
Payroll Register, Taxes and Other EFTs/Wires
City of Menifee
August 20, 2025
Item Title: 10.2
Warrant Register
Item Page Number: 25

Menifee Mayor and City Council
August 20, 2025
Page
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CITY OF MENIFEE
SUBJECT: Treasurer's Report - June 2025
MEETING DATE: August 20, 2025
TO: Mayor and City Council
PREPARED BY: Ann-Marie Etienne, Finance Manager
REVIEWED BY: Travis Hickey, Chief Financial Officer
APPROVED BY: Armando G. Villa, City Manager
-------------------------------------------------------------------------------------------------------------------------------

RECOMMENDED ACTION

1. Receive and file the Quarterly Treasurer’s Report as of June 30, 2025.

DISCUSSION
Attached is the signed monthly Treasurer’s Report for Cash and Investments as of June 30, 2025, and 2nd Quarter (April 2025 – June 2025) Quarterly Investment Review as summarized below.

This Treasurer’s Report is distinguished from the regular monthly report in that it includes more in-depth disclosure and review of investment activities over the past three months. The city of Menifee’s investment objectives in order of priority, are to provide safety to ensure the preservation of capital in the overall portfolio, provide sufficient liquidity for cash needs and a market rate of return consistent with the investment program. To achieve these objectives, the city invests in high quality fixed income securities consistent with the current investment policy (Investment Policy CC-11) and California Government Code.

Quarterly Review: 2nd Quarter (April 2025 – June 2025) Investment Summary With a favorable interest market throughout the period in review, the city’s investment portfolio continued to perform strongly during the 2 nd quarter of 2025, yielding additional interest revenue to support municipal services. The city’s investment approach balances its investments between short-term investment portfolio to long-term investments. Beginning with the designation of the CFO as the City Treasurer in the fall of 2023, the city has taken some additional efforts to maximize the city’s investments opportunities in a fiscally prudent, but proactive manner.

Overall Investment Portfolio Composition
During the 2 nd quarter of 2025, the city continued to participate in the California Asset Management Program (CAMP) investment pool program. Staff identified an opportunity to further diversify the current investment portfolio and thereby maximize investment opportunities by Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 1

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August 20, 2025
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City of Menifee Staff Report
Treasurer's Report - June 2025
August 20, 2025

2 8
4 9
participating in this program. Also, during the 2nd Quarter period, the city continued to participate in LAIF and maintained long-term investments through the support of investment consulting firm Chandler Asset Management.

Overall Investment Portfolio Performance
With respect to the city’s short-term investments, LAIF and/or CAMP investment pools, on June 30, 2025 CAMP’s rate was 4.40% while LAIF’s rate was 4.269%. The quarter ending June 30, 2025 produced the following results: CAMP accrued $844,543.72 in cash dividends and income.

During the 2nd quarter $20,000,000.00 was transferred to the City’s CAMP account. LAIF accrued $225,482.80 interest. On the longer-term investment component of the portfolio, Chandler accrued $858,253.52 interest during the quarter ending June 30, 2025. As is the case with most of the current fiscal year, the short-term investment yields have been providing higher returns than long-term investments as the Federal Reserve has sustained higher interest rates thus far.

However, future changes in interest rates would most immediately impact the short-term rates received.

TABLE 1: QUARTER 2 OVERALL INVESTMENT PORTFOLIO PERFORMANCE Investment
Portfolio
Investment Type/
Investment Category
Beginning
Market Value
04/01/2025
Ending Market
Value
06/30/2025
Investment Returns
(Cash Dividends/
Interest)
CAMP Pool/ Short-Term 66,944,045.82 87,788,589.54 844,543.72 LAIF Pool/ Short-Term 35,645,672.91 35,871,155.71 225,482.80 Chandler
Asset
Management
City Investments/ Long-Term 132,409,064.71 132,503,292.16 858,253.52 Cash Held Outside City Funds
As noted in the monthly Treasurer’s Report there are some specific funds held outside the City’s custody, and held instead by Wilmington Trust, designated trustee. These funds relate to the TRIP and Streetlight Retrofit debt service payments, as well as the bonded CFDs bond proceeds and debt service payments. Pursuant to the Trustee agreements in place, Wilmington Trust oversees the investment of these funds. The average yield return of these funds is summarized within the corresponding section of the Treasurer’s Report.

STRATEGIC PLAN OBJECTIVE
Thriving Economy

FISCAL IMPACT
There is no fiscal impact associated with the recommended action.

ATTACHMENTS

1. Treasurer’s Report as of June 30, 2025

2. CA Asset Management Program Statements April 2025
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 2

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City of Menifee Staff Report
Treasurer's Report - June 2025
August 20, 2025

2 8
4 9

3. CA Asset Management Program Statements May 2025

4. CA Asset Management Program Statements June 2025

5. LAIF Investment Statements April 2025

6. LAIF Investment Statements May 2025

7. LAIF Investment Statements June 2025

8. Chandler Monthly Account Statements April 2025

9. Chandler Monthly Account Statements May 2025

10. Chandler Monthly Account Statements June 2025
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 3

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August 20, 2025
Page
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Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 4

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August 20, 2025
Page
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City of Menifee

ACCOUNT STATEMENT
For the Month Ending
April 30, 2025
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
Contents
Cover/Disclosures
Summary Statement
Individual Accounts

CITY OF MENIFEE

MISS ANN-MARIE ETIENNE
29844 HAUN ROAD
MENIFEE, CA 92586
Client Management Team
Accounts included in Statement
4037-001 City of Menifee
www.camponline.comOnline Access 1-800-729-7665Customer Service Important Messages
CAMP will be closed on 05/26/2025 for Memorial Day.

Kyle Tanaka
Assistant Program Administrator
633 W 5th St., 25th Floor
Los Angeles, CA 90071
213-500-8694
[email protected]

Rachael Miller
Client Consultant
213 Market Street
Harrisburg, PA 17101-2141
1-800-729-7665
[email protected]

Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 5

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For the Month Ending April 30, 2025
Account Statement
Important Disclosures
Important Disclosures
365 and dividing the result by 7. The yields quoted should not be considered a representation of the yield of the fund in the future, since the yield is not fixed.

Average maturity represents the average maturity of all securities and investments of a portfolio, determined by multiplying the par or principal value of each security or investment by its maturity (days or years), summing the products, and dividing the sum by the total principal value of the portfolio. The stated maturity date of mortgage backed or callable securities are used in this statement. However the actual maturity of these securities could vary depending on the level or prepayments on the underlying mortgages or whether a callable security has or is still able to be called.

Monthly distribution yield represents the net change in the value of one share (normally $1.00 per share) resulting from all dividends declared during the month by a fund expressed as a percentage of the value of one share at the beginning of the month. This resulting net change is then annualized by multiplying it by 365 and dividing it by the number of calendar days in the month.

YTM at Cost The yield to maturity at cost is the expected rate of return, based on the original cost, the annual interest receipts, maturity value and the time period from purchase date to maturity, stated as a percentage, on an annualized basis.

YTM at Market The yield to maturity at market is the rate of return, based on the current market value, the annual interest receipts, maturity value and the time period remaining until maturity, stated as a percentage, on an annualized basis.

Managed Account A portfolio of investments managed discretely by PFMAM according to the client’s specific investment policy and requirements. The investments are directly owned by the client and held by the client’s custodian.

Unsettled Trade A trade which has been executed however the final consummation of the security transaction and payment has not yet taken place.

Please review the detail pages of this statement carefully. If you think your statement is wrong, missing account information, or if you need more information about a transaction, please contact PFMAM within 60 days of receipt. If you have other concerns or questions regarding your account, or to request an updated copy of PFMAM's current disclosure statement, please contact a member of your client management team at PFMAM Service Operations at the address below.

PFM Asset Management
Attn: Service Operations
213 Market Street
Harrisburg, PA 17101
NOT FDIC INSURED     NO BANK GUARANTEE     MAY LOSE VALUE This statement is for general information purposes only and is not intended to provide specific advice or recommendations. PFM Asset Management ("PFMAM") is a division of U.S. Bancorp Asset Management, Inc. ("USBAM"), a SEC-registered investment adviser. USBAM is direct subsidiary of U.S. Bank National Association ("U.S. Bank") and an indirect subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. PFMAM maintains a written disclosure statement of our background and business experience. If you would like to receive a copy of our current disclosure statement, please contact Service Operations at the address below.

Proxy Voting PFMAM does not normally receive proxies to vote on behalf of its clients.

However, it does on occasion receive consent requests. In the event a consent request is received the portfolio manager contacts the client and then proceeds according to their instructions. PFMAM’s Proxy Voting Policy is available upon request by contacting Service Operations at the address below.

Questions About an Account PFMAM’s monthly statement is intended to detail our investment advisory activity as well as the activity of any accounts held by clients in pools that are managed by PFMAM. The custodian bank maintains the control of assets and executes (i.e., settles) all investment transactions. The custodian statement is the official record of security and cash holdings and transactions. PFMAM recognizes that clients may use these reports to facilitate record keeping and that the custodian bank statement and the PFMAM statement should be reconciled and differences resolved.

Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference.

Account Control PFMAM does not have the authority to withdraw funds from or deposit funds to the custodian outside the scope of services provided by PFMAM. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls and generating ledger entries or otherwise recording transactions.

Market Value Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by ICE Data Services. There may be differences in the values shown for investments due to accrued but uncollected income and the use of differing valuation sources and methods. Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local government investment program is contained in the appropriate fund offering documentation or information statement.

Amortized Cost The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short term securities (those with less than one year to maturity at time of issuance) is amortized on a straightline basis. Such discount or premium with respect to longer term securities is amortized using the constant yield basis.

Tax Reporting Cost data and realized gains / losses are provided for informational purposes only. Please review for accuracy and consult your tax advisor to determine the tax consequences of your security transactions. PFMAM does not report such information to the IRS or other taxing authorities and is not responsible for the accuracy of such information that may be required to be reported to federal, state or other taxing authorities.

Financial Situation In order to better serve you, PFMAM should be promptly notified of any material change in your investment objective or financial situation.

Callable Securities Securities subject to redemption prior to maturity may be redeemed in whole or in part before maturity, which could affect the yield represented.

Portfolio The securities in this portfolio, including shares of mutual funds, are not guaranteed or otherwise protected by PFMAM, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency. Investment in securities involves risks, including the possible loss of the amount invested. Actual settlement values, accrued interest, and amortized cost amounts may vary for securities subject to an adjustable interest rate or subject to principal paydowns. Any changes to the values shown may be reflected within the next monthly statement’s beginning values.

Rating Information provided for ratings is based upon a good faith inquiry of selected sources, but its accuracy and completeness cannot be guaranteed.

Shares of some local government investment programs and TERM funds are distributed by representatives of USBAM's affiliate, U.S. Bancorp Investments, Inc. which is registered with the SEC as a broker/dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Municipal Securities Rulemaking Board (“MSRB”). You may reach the FINRA by calling the FINRA Hotline at 1-800-289-9999 or at the FINRA website address
https://www.finra.org/investors/investor-contacts. A brochure describing the FINRA Regulation Public Disclosure Program is also available from FINRA upon request.

Key Terms and Definitions
Dividends on local government investment program funds consist of interest earned, plus any discount ratably amortized to the date of maturity, plus all realized gains and losses on the sale of securities prior to maturity, less ratable amortization of any premium and all accrued expenses to the fund. Dividends are accrued daily and may be paid either monthly or quarterly. The monthly earnings on this statement represent the estimated dividend accrued for the month for any program that distributes earnings on a quarterly basis. There is no guarantee that the estimated amount will be paid on the actual distribution date.

Current Yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 6

Menifee Mayor and City Council
August 20, 2025
Page
46 of 731

For the Month Ending April 30, 2025Account Statement - Transaction Summary City of Menifee - City of Menifee - 4037-001
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
66,944,045.82
6,266,019.78

0.00 0.00
$73,210,065.60
CAMP Pool
Unsettled Trades 0.00
266,019.78 Cash Dividends and Income
April 30, 2025 March 31, 2025
Asset Summary
CAMP Pool 73,210,065.60 66,944,045.82
$73,210,065.60 $66,944,045.82 Total
Asset Allocation
100.00%
CAMP Pool
Account 4037-001 Page 1PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc.

Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 7

Menifee Mayor and City Council
August 20, 2025
Page
47 of 731

For the Month Ending April 30, 2025Account Statement
City of Menifee - City of Menifee - 4037-001
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
66,944,045.82 Opening Balance
04/02/25 04/02/25 Purchase - Incoming Wires 1.00 6,000,000.00 72,944,045.82 04/30/25 05/01/25 Accrual Income Div Reinvestment - Distributions 1.00 266,019.78 73,210,065.60 73,210,065.60
73,210,065.60
73,210,065.60
72,752,913.15
3,085,712.08

0.00 (43,000,763.88)
39,085,712.08
77,125,117.40
266,019.78
73,210,065.60

0.00 0.00
6,266,019.78
66,944,045.82
Monthly Distribution Yield
Average Monthly Balance
Closing Balance
Fiscal YTDMonth of
Cash Dividends and Income
Closing Balance
Check Disbursements
Redemptions (Excl. Checks)
Purchases
Opening Balance
Closing Balance
April July-April

4.45%
Account 4037-001 Page 2PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc.

Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 8

Menifee Mayor and City Council
August 20, 2025
Page
48 of 731

City of Menifee

ACCOUNT STATEMENT
For the Month Ending
May 31, 2025
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
Contents
Cover/Disclosures
Summary Statement
Individual Accounts

CITY OF MENIFEE

MISS ANN-MARIE ETIENNE
29844 HAUN ROAD
MENIFEE, CA 92586
Client Management Team
Accounts included in Statement
4037-001 City of Menifee
www.camponline.comOnline Access 1-800-729-7665Customer Service Important Messages
CAMP will be closed on 06/19/2025 for Juneteenth.

CAMP will be closed on 07/04/2025 for Independence Day.

Kyle Tanaka
Assistant Program Administrator
633 W 5th St., 25th Floor
Los Angeles, CA 90071
213-500-8694
[email protected]

Rachael Miller
Client Consultant
213 Market Street
Harrisburg, PA 17101-2141
1-800-729-7665
[email protected]

Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 9

Menifee Mayor and City Council
August 20, 2025
Page
49 of 731

For the Month Ending May 31, 2025
Account Statement
Important Disclosures
Important Disclosures
365 and dividing the result by 7. The yields quoted should not be considered a representation of the yield of the fund in the future, since the yield is not fixed.

Average maturity represents the average maturity of all securities and investments of a portfolio, determined by multiplying the par or principal value of each security or investment by its maturity (days or years), summing the products, and dividing the sum by the total principal value of the portfolio. The stated maturity date of mortgage backed or callable securities are used in this statement. However the actual maturity of these securities could vary depending on the level or prepayments on the underlying mortgages or whether a callable security has or is still able to be called.

Monthly distribution yield represents the net change in the value of one share (normally $1.00 per share) resulting from all dividends declared during the month by a fund expressed as a percentage of the value of one share at the beginning of the month. This resulting net change is then annualized by multiplying it by 365 and dividing it by the number of calendar days in the month.

YTM at Cost The yield to maturity at cost is the expected rate of return, based on the original cost, the annual interest receipts, maturity value and the time period from purchase date to maturity, stated as a percentage, on an annualized basis.

YTM at Market The yield to maturity at market is the rate of return, based on the current market value, the annual interest receipts, maturity value and the time period remaining until maturity, stated as a percentage, on an annualized basis.

Managed Account A portfolio of investments managed discretely by PFMAM according to the client’s specific investment policy and requirements. The investments are directly owned by the client and held by the client’s custodian.

Unsettled Trade A trade which has been executed however the final consummation of the security transaction and payment has not yet taken place.

Please review the detail pages of this statement carefully. If you think your statement is wrong, missing account information, or if you need more information about a transaction, please contact PFMAM within 60 days of receipt. If you have other concerns or questions regarding your account, or to request an updated copy of PFMAM's current disclosure statement, please contact a member of your client management team at PFMAM Service Operations at the address below.

PFM Asset Management
Attn: Service Operations
213 Market Street
Harrisburg, PA 17101
NOT FDIC INSURED     NO BANK GUARANTEE     MAY LOSE VALUE This statement is for general information purposes only and is not intended to provide specific advice or recommendations. PFM Asset Management ("PFMAM") is a division of U.S. Bancorp Asset Management, Inc. ("USBAM"), a SEC-registered investment adviser. USBAM is direct subsidiary of U.S. Bank National Association ("U.S. Bank") and an indirect subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. PFMAM maintains a written disclosure statement of our background and business experience. If you would like to receive a copy of our current disclosure statement, please contact Service Operations at the address below.

Proxy Voting PFMAM does not normally receive proxies to vote on behalf of its clients.

However, it does on occasion receive consent requests. In the event a consent request is received the portfolio manager contacts the client and then proceeds according to their instructions. PFMAM’s Proxy Voting Policy is available upon request by contacting Service Operations at the address below.

Questions About an Account PFMAM’s monthly statement is intended to detail our investment advisory activity as well as the activity of any accounts held by clients in pools that are managed by PFMAM. The custodian bank maintains the control of assets and executes (i.e., settles) all investment transactions. The custodian statement is the official record of security and cash holdings and transactions. PFMAM recognizes that clients may use these reports to facilitate record keeping and that the custodian bank statement and the PFMAM statement should be reconciled and differences resolved.

Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference.

Account Control PFMAM does not have the authority to withdraw funds from or deposit funds to the custodian outside the scope of services provided by PFMAM. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls and generating ledger entries or otherwise recording transactions.

Market Value Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by ICE Data Services. There may be differences in the values shown for investments due to accrued but uncollected income and the use of differing valuation sources and methods. Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local government investment program is contained in the appropriate fund offering documentation or information statement.

Amortized Cost The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short term securities (those with less than one year to maturity at time of issuance) is amortized on a straightline basis. Such discount or premium with respect to longer term securities is amortized using the constant yield basis.

Tax Reporting Cost data and realized gains / losses are provided for informational purposes only. Please review for accuracy and consult your tax advisor to determine the tax consequences of your security transactions. PFMAM does not report such information to the IRS or other taxing authorities and is not responsible for the accuracy of such information that may be required to be reported to federal, state or other taxing authorities.

Financial Situation In order to better serve you, PFMAM should be promptly notified of any material change in your investment objective or financial situation.

Callable Securities Securities subject to redemption prior to maturity may be redeemed in whole or in part before maturity, which could affect the yield represented.

Portfolio The securities in this portfolio, including shares of mutual funds, are not guaranteed or otherwise protected by PFMAM, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency. Investment in securities involves risks, including the possible loss of the amount invested. Actual settlement values, accrued interest, and amortized cost amounts may vary for securities subject to an adjustable interest rate or subject to principal paydowns. Any changes to the values shown may be reflected within the next monthly statement’s beginning values.

Rating Information provided for ratings is based upon a good faith inquiry of selected sources, but its accuracy and completeness cannot be guaranteed.

Shares of some local government investment programs and TERM funds are distributed by representatives of USBAM's affiliate, U.S. Bancorp Investments, Inc. which is registered with the SEC as a broker/dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Municipal Securities Rulemaking Board (“MSRB”). You may reach the FINRA by calling the FINRA Hotline at 1-800-289-9999 or at the FINRA website address
https://www.finra.org/investors/investor-contacts. A brochure describing the FINRA Regulation Public Disclosure Program is also available from FINRA upon request.

Key Terms and Definitions
Dividends on local government investment program funds consist of interest earned, plus any discount ratably amortized to the date of maturity, plus all realized gains and losses on the sale of securities prior to maturity, less ratable amortization of any premium and all accrued expenses to the fund. Dividends are accrued daily and may be paid either monthly or quarterly. The monthly earnings on this statement represent the estimated dividend accrued for the month for any program that distributes earnings on a quarterly basis. There is no guarantee that the estimated amount will be paid on the actual distribution date.

Current Yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 10

Menifee Mayor and City Council
August 20, 2025
Page
50 of 731

For the Month Ending May 31, 2025Account Statement - Transaction Summary City of Menifee - City of Menifee - 4037-001
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
73,210,065.60
6,277,196.20

0.00 0.00
$79,487,261.80
CAMP Pool
Unsettled Trades 0.00
277,196.20 Cash Dividends and Income
May 31, 2025 April 30, 2025
Asset Summary
CAMP Pool 79,487,261.80 73,210,065.60
$79,487,261.80 $73,210,065.60 Total
Asset Allocation
100.00%
CAMP Pool
Account 4037-001 Page 1PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc.

Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 11

Menifee Mayor and City Council
August 20, 2025
Page
51 of 731

For the Month Ending May 31, 2025Account Statement
City of Menifee - City of Menifee - 4037-001
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
73,210,065.60 Opening Balance
05/29/25 05/29/25 Purchase - Incoming Wires 1.00 6,000,000.00 79,210,065.60 05/30/25 06/02/25 Accrual Income Div Reinvestment - Distributions 1.00 277,196.20 79,487,261.80 79,487,261.80
79,487,261.80
79,487,261.80
73,808,594.39
3,362,908.28

0.00 (43,000,763.88)
45,362,908.28
77,125,117.40
277,196.20
79,487,261.80

0.00 0.00
6,277,196.20
73,210,065.60
Monthly Distribution Yield
Average Monthly Balance
Closing Balance
Fiscal YTDMonth of
Cash Dividends and Income
Closing Balance
Check Disbursements
Redemptions (Excl. Checks)
Purchases
Opening Balance
Closing Balance
May July-May

4.42%
Account 4037-001 Page 2PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc.

Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 12

Menifee Mayor and City Council
August 20, 2025
Page
52 of 731

City of Menifee

ACCOUNT STATEMENT
For the Month Ending
June 30, 2025
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
Contents
Cover/Disclosures
Summary Statement
Individual Accounts

CITY OF MENIFEE

MISS ANN-MARIE ETIENNE
29844 HAUN ROAD
MENIFEE, CA 92586
Client Management Team
Accounts included in Statement
4037-001 City of Menifee
www.camponline.comOnline Access 1-800-729-7665Customer Service Important Messages
CAMP will be closed on 07/04/2025 for Independence Day.

Kyle Tanaka
Assistant Program Administrator
633 W 5th St., 25th Floor
Los Angeles, CA 90071
213-500-8694
[email protected]

Rachael Miller
Client Consultant
213 Market Street
Harrisburg, PA 17101-2141
1-800-729-7665
[email protected]

Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 13

Menifee Mayor and City Council
August 20, 2025
Page
53 of 731

For the Month Ending June 30, 2025
Account Statement
Important Disclosures
Important Disclosures
365 and dividing the result by 7. The yields quoted should not be considered a representation of the yield of the fund in the future, since the yield is not fixed.

Average maturity represents the average maturity of all securities and investments of a portfolio, determined by multiplying the par or principal value of each security or investment by its maturity (days or years), summing the products, and dividing the sum by the total principal value of the portfolio. The stated maturity date of mortgage backed or callable securities are used in this statement. However the actual maturity of these securities could vary depending on the level or prepayments on the underlying mortgages or whether a callable security has or is still able to be called.

Monthly distribution yield represents the net change in the value of one share (normally $1.00 per share) resulting from all dividends declared during the month by a fund expressed as a percentage of the value of one share at the beginning of the month. This resulting net change is then annualized by multiplying it by 365 and dividing it by the number of calendar days in the month.

YTM at Cost The yield to maturity at cost is the expected rate of return, based on the original cost, the annual interest receipts, maturity value and the time period from purchase date to maturity, stated as a percentage, on an annualized basis.

YTM at Market The yield to maturity at market is the rate of return, based on the current market value, the annual interest receipts, maturity value and the time period remaining until maturity, stated as a percentage, on an annualized basis.

Managed Account A portfolio of investments managed discretely by PFMAM according to the client’s specific investment policy and requirements. The investments are directly owned by the client and held by the client’s custodian.

Unsettled Trade A trade which has been executed however the final consummation of the security transaction and payment has not yet taken place.

Please review the detail pages of this statement carefully. If you think your statement is wrong, missing account information, or if you need more information about a transaction, please contact PFMAM within 60 days of receipt. If you have other concerns or questions regarding your account, or to request an updated copy of PFMAM's current disclosure statement, please contact a member of your client management team at PFMAM Service Operations at the address below.

PFM Asset Management
Attn: Service Operations
213 Market Street
Harrisburg, PA 17101
NOT FDIC INSURED     NO BANK GUARANTEE     MAY LOSE VALUE This statement is for general information purposes only and is not intended to provide specific advice or recommendations. PFM Asset Management ("PFMAM") is a division of U.S. Bancorp Asset Management, Inc. ("USBAM"), a SEC-registered investment adviser. USBAM is direct subsidiary of U.S. Bank National Association ("U.S. Bank") and an indirect subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. PFMAM maintains a written disclosure statement of our background and business experience. If you would like to receive a copy of our current disclosure statement, please contact Service Operations at the address below.

Proxy Voting PFMAM does not normally receive proxies to vote on behalf of its clients.

However, it does on occasion receive consent requests. In the event a consent request is received the portfolio manager contacts the client and then proceeds according to their instructions. PFMAM’s Proxy Voting Policy is available upon request by contacting Service Operations at the address below.

Questions About an Account PFMAM’s monthly statement is intended to detail our investment advisory activity as well as the activity of any accounts held by clients in pools that are managed by PFMAM. The custodian bank maintains the control of assets and executes (i.e., settles) all investment transactions. The custodian statement is the official record of security and cash holdings and transactions. PFMAM recognizes that clients may use these reports to facilitate record keeping and that the custodian bank statement and the PFMAM statement should be reconciled and differences resolved.

Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference.

Account Control PFMAM does not have the authority to withdraw funds from or deposit funds to the custodian outside the scope of services provided by PFMAM. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls and generating ledger entries or otherwise recording transactions.

Market Value Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by ICE Data Services. There may be differences in the values shown for investments due to accrued but uncollected income and the use of differing valuation sources and methods. Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local government investment program is contained in the appropriate fund offering documentation or information statement.

Amortized Cost The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short term securities (those with less than one year to maturity at time of issuance) is amortized on a straightline basis. Such discount or premium with respect to longer term securities is amortized using the constant yield basis.

Tax Reporting Cost data and realized gains / losses are provided for informational purposes only. Please review for accuracy and consult your tax advisor to determine the tax consequences of your security transactions. PFMAM does not report such information to the IRS or other taxing authorities and is not responsible for the accuracy of such information that may be required to be reported to federal, state or other taxing authorities.

Financial Situation In order to better serve you, PFMAM should be promptly notified of any material change in your investment objective or financial situation.

Callable Securities Securities subject to redemption prior to maturity may be redeemed in whole or in part before maturity, which could affect the yield represented.

Portfolio The securities in this portfolio, including shares of mutual funds, are not guaranteed or otherwise protected by PFMAM, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency. Investment in securities involves risks, including the possible loss of the amount invested. Actual settlement values, accrued interest, and amortized cost amounts may vary for securities subject to an adjustable interest rate or subject to principal paydowns. Any changes to the values shown may be reflected within the next monthly statement’s beginning values.

Rating Information provided for ratings is based upon a good faith inquiry of selected sources, but its accuracy and completeness cannot be guaranteed.

Shares of some local government investment programs and TERM funds are distributed by representatives of USBAM's affiliate, U.S. Bancorp Investments, Inc. which is registered with the SEC as a broker/dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Municipal Securities Rulemaking Board (“MSRB”). You may reach the FINRA by calling the FINRA Hotline at 1-800-289-9999 or at the FINRA website address
https://www.finra.org/investors/investor-contacts. A brochure describing the FINRA Regulation Public Disclosure Program is also available from FINRA upon request.

Key Terms and Definitions
Dividends on local government investment program funds consist of interest earned, plus any discount ratably amortized to the date of maturity, plus all realized gains and losses on the sale of securities prior to maturity, less ratable amortization of any premium and all accrued expenses to the fund. Dividends are accrued daily and may be paid either monthly or quarterly. The monthly earnings on this statement represent the estimated dividend accrued for the month for any program that distributes earnings on a quarterly basis. There is no guarantee that the estimated amount will be paid on the actual distribution date.

Current Yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 14

Menifee Mayor and City Council
August 20, 2025
Page
54 of 731

For the Month Ending June 30, 2025Account Statement - Transaction Summary City of Menifee - City of Menifee - 4037-001
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
79,487,261.80
8,301,327.74

0.00 0.00
$87,788,589.54
CAMP Pool
Unsettled Trades 0.00
301,327.74 Cash Dividends and Income
June 30, 2025 May 31, 2025
Asset Summary
CAMP Pool 87,788,589.54 79,487,261.80
$87,788,589.54 $79,487,261.80 Total
Asset Allocation
100.00%
CAMP Pool
Account 4037-001 Page 1PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc.

Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 15

Menifee Mayor and City Council
August 20, 2025
Page
55 of 731

For the Month Ending June 30, 2025Account Statement
City of Menifee - City of Menifee - 4037-001
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
79,487,261.80 Opening Balance
06/17/25 06/17/25 Purchase - Incoming Wires 1.00 8,000,000.00 87,487,261.80 06/30/25 07/01/25 Accrual Income Div Reinvestment - Distributions 1.00 301,327.74 87,788,589.54 87,788,589.54
87,788,589.54
87,788,589.54
83,230,639.39
3,664,236.02

0.00 (43,000,763.88)
53,664,236.02
77,125,117.40
301,327.74
87,788,589.54

0.00 0.00
8,301,327.74
79,487,261.80
Monthly Distribution Yield
Average Monthly Balance
Closing Balance
Fiscal YTDMonth of
Cash Dividends and Income
Closing Balance
Check Disbursements
Redemptions (Excl. Checks)
Purchases
Opening Balance
Closing Balance
June July-June

4.40%
Account 4037-001 Page 2PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc.

Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 16

Menifee Mayor and City Council
August 20, 2025
Page
56 of 731

Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
May 05, 2025
LAIF Home
PMIA Average Monthly
Yields

CITY OF MENIFEE

FINANCE
29714 HAUN ROAD
MENIFEE, CA 92586
Account Number: 98-33-523
April 2025 Statement
Tran Type Definitions
Effective
Date
Transaction
Date
Tran
Type Confirm
Number
Web
Confirm
Number Authorized Caller Amount
4/15/2025 4/14/2025 QRD1772431 N/A SYSTEM 225,482.80
Account Summary
Total Deposit: 225,482.80 Beginning Balance: 35,645,672.91 Total Withdrawal: 0.00 Ending Balance: 35,871,155.71
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 17

Menifee Mayor and City Council
August 20, 2025
Page
57 of 731

Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
June 02, 2025
LAIF Home
PMIA Average Monthly
Yields

CITY OF MENIFEE

FINANCE
29714 HAUN ROAD
MENIFEE, CA 92586
Account Number: 98-33-523
May 2025 Statement
Tran Type Definitions
Account Summary
Total Deposit: 0.00 Beginning Balance: 35,871,155.71
Total Withdrawal: 0.00 Ending Balance: 35,871,155.71
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 18

Menifee Mayor and City Council
August 20, 2025
Page
58 of 731

Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
July 08, 2025
LAIF Home
PMIA Average Monthly
Yields

CITY OF MENIFEE

FINANCE
29714 HAUN ROAD
MENIFEE, CA 92586
Account Number: 98-33-523
June 2025 Statement
Tran Type Definitions
Account Summary
Total Deposit: 0.00 Beginning Balance: 35,871,155.71
Total Withdrawal: 0.00 Ending Balance: 35,871,155.71
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 19

Menifee Mayor and City Council
August 20, 2025
Page
59 of 731

MONTHLY ACCOUNT STATEMENT
City of Menifee | Account #10112 | As of April 30, 2025 CHANDLER ASSET MANAGEMENT | chandlerasset.com
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:

US Bank
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 20

Menifee Mayor and City Council
August 20, 2025
Page
60 of 731

CONFIDENTIAL | 2
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Performance Review
Account Summary
Maturity Distribution
Top Issuers
Credit Quality (S&P)
Total Rate of Return** 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Since Inception (02/01/10)
City of Menifee 0.91% 2.40% 2.94% 7.41% 4.79% 3.49% 1.26% 1.79% 1.82% Benchmark Return 0.98% 2.50% 3.00% 7.34% 4.25% 3.11% 0.89% 1.57% 1.60% Average Modified Duration 2.51
Average Coupon 3.63%
Average Purchase YTM 4.02%
Average Market YTM 3.94%
Average Credit Quality* AA+
Average Final Maturity 2.88
Average Life 2.57
End Values as of
03/31/2025
End Values as of
04/30/2025
Market Value 132,411,224.44 133,578,243.73
Accrued Interest 965,551.01 1,010,876.77
Total Market Value 133,376,775.46 134,589,120.50
Income Earned 436,987.53 432,841.46
Cont/WD (7,854.82) (7,902.88)
Par 133,244,557.50 133,497,358.70
Book Value 131,976,764.40 132,285,863.05
Cost Value 131,671,012.24 131,873,562.70
Government of The United States 47.05%
Federal Home Loan Banks 10.78%
FHLMC 4.12%
Farm Credit System 3.86%
International Bank for Recon and Dev 3.79%
Bank of America Corporation 1.38%
JPMorgan Chase & Co. 1.26%
Royal Bank of Canada 1.25%
**Periods over 1 year are annualized.

Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index Secondary Benchmark:
*The average credit quality is a weighted average calculation of the highest of S&P , Moody’s and Fitch.

Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 21

Menifee Mayor and City Council
August 20, 2025
Page
61 of 731

CONFIDENTIAL | 3
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES (CMOS)
Max % (MV) 100.0 4.1 Compliant
Max % Issuer (MV; Agencies & Agency CMOs) 25.0 10.7 Compliant Max Maturity (Years) 5.0 4.9 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (MV; Non Agency ABS & MBS) 20.0 3.2 Compliant
Max % Issuer (MV) 5.0 0.6 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

BANKERS' ACCEPTANCES
Max % (MV) 40.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 180 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CERTIFICATE OF DEPOSIT PLACEMENT SERVICE (CDARS)
Max % (MV) 30.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant

COLLATERALIZED BANK DEPOSITS
Max % (MV) 20.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant

COLLATERALIZED TIME DEPOSITS (NON-NEGOTIABLE
CD/TD)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant

COMMERCIAL PAPER
Max % (MV) 25.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (MV) 30.0 25.4 Compliant
Max % Issuer (MV) 5.0 1.4 Compliant
Max Maturity (Years) 5 4 Compliant
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 22

Menifee Mayor and City Council
August 20, 2025
Page
62 of 731

CONFIDENTIAL | 4
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Min Rating (A- by 1) 0.0 0.0 Compliant

FDIC INSURED TIME DEPOSITS (NON-NEGOTIABLE CD/
TD)
Max % (MV) 20.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant

FEDERAL AGENCIES
Max % (MV) 100.0 14.6 Compliant
Max % Issuer (MV; Agencies & Agency CMOs) 25.0 10.7 Compliant Max Callables (MV) 20.0 11.6 Compliant
Max Maturity (Years) 5 4 Compliant

LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (MV) 75.0 0.0 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (MV) 20.0 0.5 Compliant
Max % Issuer (MV) 20.0 0.5 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

MORTGAGE-BACKED SECURITIES (NON-AGENCY)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, LOCAL AGENCY)
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUTUAL FUNDS
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 10.0 0.0 Compliant
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 23

Menifee Mayor and City Council
August 20, 2025
Page
63 of 731

CONFIDENTIAL | 5
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Min Rating (AAA by 2) 0.0 0.0 Compliant

NEGOTIABLE CERTIFICATES OF DEPOSIT (NCD)
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1 if > FDIC Limit) 0.0 0.0 Compliant

REPURCHASE AGREEMENTS
Max Maturity (Years) 1.0 0.0 Compliant

SUPRANATIONAL OBLIGATIONS
Max % (MV) 30.0 5.1 Compliant
Max % Issuer (MV) 10.0 3.8 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (MV) 100.0 47.1 Compliant
Max Maturity (Years) 5 4 Compliant
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 24

Menifee Mayor and City Council
August 20, 2025
Page
64 of 731

CONFIDENTIAL | 6
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(07/01/2024)
Beginning Book Value 131,976,764.40 128,988,226.76
Maturities/Calls (177,000.00) (407,000.00)
Principal Paydowns (60,882.00) (419,686.79)
Purchases 4,858,706.97 46,664,295.39
Sales (4,280,901.39) (42,208,764.37)
Change in Cash, Payables, Receivables (1,045.58) (136,963.01) Amortization/Accretion 39,689.25 380,589.32
Realized Gain (Loss) (69,468.59) (574,834.24)
Ending Book Value 132,285,863.05 132,285,863.05
Month to Date Fiscal Year to Date
(07/01/2024)
Beginning Market Value 132,411,224.44 126,507,308.39
Maturities/Calls (177,000.00) (407,000.00)
Principal Paydowns (60,882.00) (419,686.79)
Purchases 4,858,706.97 46,664,295.39
Sales (4,280,901.39) (42,208,764.37)
Change in Cash, Payables, Receivables (1,045.58) (136,963.01) Amortization/Accretion 39,689.25 380,589.32
Change in Net Unrealized Gain (Loss) 857,920.63 3,773,299.05 Realized Gain (Loss) (69,468.59) (574,834.24)
Ending Market Value 133,578,243.73 133,578,243.73
Maturities / Calls
Month to Date (177,000.00)
Fiscal Year to Date (407,000.00)
Principal Paydowns
Month to Date (60,882.00)
Fiscal Year to Date (419,686.79)
Purchases
Month to Date 4,858,706.97
Fiscal Year to Date 46,664,295.39
Sales
Month to Date (4,280,901.39)
Fiscal Year to Date (42,208,764.37)
Interest Received
Month to Date 370,666.05
Fiscal Year to Date 3,780,727.47
Purchased / Sold Interest
Month to Date (22,839.59)
Fiscal Year to Date (87,143.72)
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 25

Menifee Mayor and City Council
August 20, 2025
Page
65 of 731

CONFIDENTIAL | 7
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
43815GAC3 HAROT 2021-4 A3 0.88
01/21/2026 174.18 11/16/2021

0.42%
174.15
174.18

99.78 4.99%
173.79

0.04 0.00%
(0.39)
Aaa/NA
AAA

0.73 0.05
89238JAC9 TAOT 2021-D A3 0.71
04/15/2026 1,634.66 12/14/2022

5.38%
1,539.45
1,608.30

99.83 5.08%
1,631.92

0.52 0.00%

23.63 NA/AAA
AAA

0.96 0.04
43815BAC4 HAROT 2022-1 A3 1.88
05/15/2026 13,329.70 --

4.10%
12,822.02
13,169.62

99.56 4.90%
13,271.54

11.14 0.01%
101.92
Aaa/AAA
NA

1.04 0.14
05602RAD3 BMWOT 2022-A A3 3.21
08/25/2026 2,415.05 05/10/2022

3.63%
2,414.92
2,415.02

99.71 4.59%
2,408.08

1.29 0.00%
(6.94)
Aaa/AAA
NA

1.32 0.21
47787JAC2 JDOT 2022 A3 2.32 09/15/2026 1,639.73 03/10/2022

2.34%
1,639.37
1,639.65

99.54 4.08%
1,632.14

1.69 0.00%
(7.51)
Aaa/NA
AAA

1.38 0.26
362554AC1 GMCAR 2021-4 A3 0.68
09/16/2026 672.91 10/13/2021

0.68%
672.90
672.91

99.68 4.74%
670.77

0.19 0.00%
(2.14)
Aaa/AAA
NA

1.38 0.08
448977AD0 HART 2022-A A3 2.22
10/15/2026 3,666.77 03/09/2022

2.23%
3,666.62
3,666.73

99.64 4.79%
3,653.68

3.62 0.00%
(13.06)
NA/AAA
AAA

1.46 0.14
380146AC4 GMCAR 2022-1 A3 1.26
11/16/2026 1,052.94 01/11/2022

1.24%
1,052.85
1,052.92

99.60 4.87%
1,048.70

0.55 0.00%
(4.21)
NA/AAA
AAA

1.55 0.11
47800AAC4 JDOT 2022-B A3 3.74
02/16/2027 5,998.68 07/12/2022

3.77%
5,998.11
5,998.50

99.61 4.55%
5,975.10

9.97 0.00%
(23.40)
Aaa/NA
AAA

1.80 0.50
89231CAD9 TAOT 2022-C A3 3.76
04/15/2027 12,542.96 01/09/2023

4.58%
12,334.24
12,448.54

99.59 4.77%
12,491.62

20.96 0.01%

43.08 NA/AAA
AAA

1.96 0.42
47800BAC2 JDOT 2022-C A3 5.09
06/15/2027 13,839.67 10/12/2022

3.29%
13,838.59
13,839.23
100.19

4.84%
13,865.52

31.31 0.01%

26.29 Aaa/NA
AAA

2.13 0.61
58770AAC7 MBART 2023-1 A3 4.51
11/15/2027 20,940.87 01/18/2023

4.56%
20,938.36
20,939.58

99.98 4.60%
20,935.71

41.97 0.02%
(3.87)
NA/AAA
AAA

2.54 0.52
47800CAC0 JDOT 2023 A3 5.01 11/15/2027 16,346.15 02/22/2023

3.39%
16,343.17
16,344.54
100.26

4.71%
16,388.44

36.40 0.01%

43.89 Aaa/NA
AAA

2.54 0.73
437930AC4 HAROT 2024-2 A3 5.27
11/20/2028 210,000.00 05/14/2024

5.27%
209,974.48
209,979.84
101.40

4.21%
212,937.75
399.64

0.16%
2,957.92
NA/AAA
AAA

3.56 1.24
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 570,000.00 06/04/2024

5.18%
569,913.42
569,929.72
101.27

4.23%
577,230.28
492.10

0.43%
7,300.56
Aaa/AAA
NA

3.83 1.25
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029 800,000.00 08/09/2024

4.66%
799,874.32
799,893.33
100.60

4.20%
804,763.52
1,015.56

0.60%
4,870.19
Aaa/NA
AAA

3.89 1.44
89239TAD4 TAOT 2024-D A3 4.4 06/15/2029 405,000.00 10/10/2024

4.51%
404,977.40
404,980.00
100.51

4.10%
407,072.47
792.00

0.30%
2,092.46
Aaa/AAA
NA

4.13 1.51
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 26

Menifee Mayor and City Council
August 20, 2025
Page
66 of 731

CONFIDENTIAL | 8
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
34535VAD6 FORDO 2024-D A3 4.61
08/15/2029 775,000.00 11/19/2024

4.66%
774,975.12
774,977.42
100.98

4.15%
782,618.17
1,587.89

0.59%
7,640.75
Aaa/NA
AAA

4.29 1.94
47800DAD6 JDOT 2025 A3 4.23 09/17/2029 635,000.00 03/04/2025

5.09%
634,960.06
634,961.29
100.32

4.13%
637,022.16
1,193.80

0.48%
2,060.86
Aaa/NA
AAA

4.38 2.31
44935CAD3 HART 2025-A A3 4.32
10/15/2029 805,000.00 03/04/2025

4.84%
804,881.26
804,884.80
100.43

4.14%
808,474.06
1,545.60

0.61%
3,589.26
NA/AAA
AAA

4.46 1.99
Total ABS 4,294,254.27 4.82%
4,292,990.81
4,293,576.12
100.70

4.18%
4,324,265.41
7,186.24

3.24%
30,689.30

4.10 1.71
AGENCY
3130AMM33 FEDERAL HOME LOAN BANKS

0.875 06/16/2026 3,500,000.00 05/27/2021

0.88%
3,500,000.00
3,500,000.00

96.69 3.91%
3,384,216.12
11,484.38

2.53%
(115,783.89)
Aaa/AA+
AA+

1.13 1.10
3133EML67 FEDERAL FARM CREDIT BANKS
FUNDING CORP 0.8 06/22/2026 2,500,000.00 06/17/2021

0.89%
2,488,750.00
2,497,436.48

96.56 3.91%
2,414,019.73
7,166.67

1.81%
(83,416.75)
Aaa/AA+
AA+

1.15 1.11
3130AMT28 FEDERAL HOME LOAN BANKS 1.0
06/30/2026 5,000,000.00 06/07/2021

1.00%
5,000,000.00
5,000,000.00

96.71 3.92%
4,835,590.45
16,805.56

3.62%
(164,409.55)
Aaa/AA+
AA+

1.17 1.13
3130AMWZ1 FEDERAL HOME LOAN BANKS

1.05 06/30/2026 5,000,000.00 06/17/2021

1.05%
5,000,000.00
5,000,000.00

96.72 3.96%
4,836,191.55
17,645.83

3.62%
(163,808.45)
Aaa/AA+
AA+

1.17 1.13
3133EP6K6 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 03/26/2027 700,000.00 04/24/2024

4.83%
693,700.00
695,894.65
101.45

3.70%
710,172.63
3,062.50

0.53%
14,277.98
Aaa/AA+
AA+

1.90 1.80
3130ATUS4 FEDERAL HOME LOAN BANKS

4.25 12/10/2027 200,000.00 01/30/2023

3.76%
204,274.00
202,296.01
101.51

3.64%
203,010.26
3,329.17

0.15%
714.25
Aaa/AA+
AA+

2.61 2.41
3130ATS57 FEDERAL HOME LOAN BANKS 4.5
03/10/2028 190,000.00 03/23/2023

3.78%
196,165.50
193,550.35
102.43

3.60%
194,613.14
1,211.25

0.15%
1,062.80
Aaa/AA+
AA+

2.86 2.65
3133EPGW9

FEDERAL FARM CREDIT
BANKS FUNDING CORP 3.875
04/25/2028
150,000.00 04/24/2023

3.76%
150,753.00
150,449.24
100.13

3.83%
150,194.34

96.88 0.11%
(254.90)
Aaa/AA+
AA+

2.99 2.79
3133EPSK2 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.25 08/07/2028 75,000.00 08/17/2023

4.52%
74,100.00
74,408.26
101.73

3.68%
76,296.33
743.75

0.06%
1,888.07
Aaa/AA+
AA+

3.27 3.00
3130AWTR1 FEDERAL HOME LOAN BANKS

4.375 09/08/2028 225,000.00 09/12/2023

4.49%
223,860.00
224,232.49
102.24

3.66%
230,046.36
1,449.22

0.17%
5,813.87
Aaa/AA+
AA+

3.36 3.08
3133EPWK7 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 09/22/2028 95,000.00 09/27/2023

4.76%
93,915.10
94,261.24
102.42

3.73%
97,296.73
463.13

0.07%
3,035.48
Aaa/AA+
AA+

3.40 3.11
3133EPN50 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.25 12/15/2028 270,000.00 12/18/2023

4.00%
272,999.70
272,178.61
101.90

3.68%
275,136.49
4,335.00

0.21%
2,957.88
Aaa/AA+
AA+

3.63 3.29
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 27

Menifee Mayor and City Council
August 20, 2025
Page
67 of 731

CONFIDENTIAL | 9
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3130AVBD3 FEDERAL HOME LOAN BANKS 4.5
03/09/2029 700,000.00 04/29/2024

4.71%
693,525.00
694,860.88
102.96

3.67%
720,724.19
4,550.00

0.54%
25,863.31
Aaa/AA+
AA+

3.86 3.50
3133ERAK7

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
04/10/2029
700,000.00 04/22/2024

4.73%
689,017.00
691,276.60
102.01

3.82%
714,062.74
1,786.46

0.53%
22,786.14
Aaa/AA+
AA+

3.94 3.59
3133ERDH1 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.75 04/30/2029 700,000.00 05/08/2024

4.55%
706,132.00
704,927.20
103.33

3.84%
723,314.54

92.36 0.54%
18,387.34
Aaa/AA+
AA+

4.00 3.62
Total Agency 20,005,000.00 1.71%
19,987,191.30
19,995,772.01

97.85 3.89%
19,564,885.59
74,222.14

14.65%
(430,886.41)

1.62 1.53

AGENCY CMBS
3137BKRJ1 FHMS K-047 A2 3.329
05/25/2025 3,383.05 03/10/2022

2.30%
3,477.14
3,383.05

99.69 4.50%
3,372.50

9.39 0.00%
(10.54)
Aaa/AA+
AAA

0.07 0.07
3137BLAC2 FHMS K-048 A2 3.284
06/25/2025 24,931.21 --

1.27%
26,513.43
24,969.41

99.68 4.02%
24,850.53

68.23 0.02%
(118.88)
Aaa/AA+
AAA

0.15 0.15
3137BLW95 FHMS K-050 A2 3.334
08/25/2025 23,081.56 11/16/2021

1.21%
24,736.94
23,194.28

99.50 4.72%
22,966.57

64.13 0.02%
(227.72)
Aaa/AA+
AAA

0.32 0.20
3137BN6G4 FHMS K-053 A2 2.995
12/25/2025 118,856.82 01/25/2023

4.13%
115,212.18
118,103.46

99.03 4.47%
117,699.74
296.65

0.09%
(403.71)
Aaa/AA+
AAA

0.65 0.53
3137BNGT5 FHMS K-054 A2 2.745
01/25/2026 65,778.09 12/13/2022

4.24%
62,959.40
65,157.07

98.82 4.33%
64,998.76
150.47

0.05%
(158.31)
Aaa/AA+
AAA

0.74 0.64
3137BQYS0 FHMS K-056 A2 2.525
05/25/2026 119,981.88 --

3.93%
116,025.45
118,616.04

98.29 4.26%
117,931.77
252.46

0.09%
(684.27)
Aaa/AA+
AAA

1.07 0.90
3137BSP72 FHMS K-058 A2 2.653
08/25/2026 125,000.00 01/31/2023

4.11%
118,955.08
122,833.31

98.06 4.11%
122,573.84
276.35

0.09%
(259.47)
Aaa/AA+
AAA

1.32 1.23
3137FQXJ7 FHMS K-737 A2 2.525
10/25/2026 125,000.00 02/08/2023

4.29%
117,695.31
122,146.43

97.79 4.12%
122,237.99
263.02

0.09%

91.55 Aaa/AA+
AAA

1.49 1.30
3137BUX60CMO FHMS K-062 A2 3.413
12/25/2026 70,000.00 12/12/2022

4.28%
67,716.80
69,086.40

98.78 4.10%
69,143.99
199.09

0.05%

57.59 Aaa/AA+
AAA

1.65 1.52
3137BVZ82 FHMS K-063 A2 3.43 01/25/2027 70,000.00 12/12/2022

4.30%
67,711.33
69,054.60

98.82 4.09%
69,172.38
200.08

0.05%
117.78
Aaa/AA+
AAA

1.74 1.52
3137FBU79 FHMS K-069 A2 3.187
09/25/2027 98,473.05 12/15/2023

4.37%
94,476.43
95,949.65

98.08 3.99%
96,578.04
261.53

0.07%
628.39
Aaa/AAA
AA+

2.41 2.20
3137FCJK1 FHMS K-070 A2 3.303
11/25/2027 30,000.00 11/21/2022

4.38%
28,566.80
29,272.52

98.25 3.99%
29,476.01

82.58 0.02%
203.49
Aaa/AA+
AA+

2.57 2.31
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 28

Menifee Mayor and City Council
August 20, 2025
Page
68 of 731

CONFIDENTIAL | 10
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3137FJEH8 FHMS K-081 A2 3.9 08/25/2028 1,500,000.00 05/28/2024

5.00%
1,436,718.75
1,450,638.13

99.53 4.00%
1,492,887.15
4,875.00

1.12%
42,249.02
Aaa/AA+
AAA

3.32 3.03
3137H4BY5 FHMS K-746 A2 2.031
09/25/2028 135,000.00 10/26/2023

5.31%
116,263.48
122,074.24

93.71 4.03%
126,513.40
228.49

0.09%
4,439.16
Aaa/AA+
AAA

3.41 3.18
3137FLMV3 FHMS K-090 A2 3.422
02/25/2029 1,500,000.00 05/30/2024

4.94%
1,405,195.31
1,423,621.82

97.72 4.05%
1,465,833.00
4,277.50

1.10%
42,211.18
Aaa/AAA
AA+

3.82 3.46
3137FMCR1 FHMS K-093 A2 2.982
05/25/2029 1,000,000.00 09/19/2024

3.82%
964,765.62
969,358.67

96.07 4.05%
960,739.30
2,485.00

0.72%
(8,619.37)
Aaa/AA+
AAA

4.07 3.60
3137HA4B9 FHMS K-751 A2 4.412
03/25/2030 589,000.00 03/27/2025

4.40%
588,424.80
588,434.73
100.99

4.14%
594,823.27
2,165.56

0.45%
6,388.54
Aaa/AA+
AA+

4.90 4.05
Total Agency CMBS 5,598,485.65 4.57%
5,355,414.25
5,415,893.83

98.30 4.07%
5,501,798.25
16,155.52

4.12%
85,904.41

3.45 3.07
CASH
CCYUSD Receivable 1,103.56 --

0.00%
1,103.56
1,103.56

1.00 0.00%
1,103.56

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 1,103.56 0.00%
1,103.56
1,103.56

1.00 0.00%
1,103.56

0.00 0.00%

0.00 0.00

0.00 CORPORATE
63743HFE7

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

3.45 06/15/2025
10,000.00 04/27/2022

3.46%
9,997.30
9,999.92

99.82 4.84%
9,982.36
130.33

0.01%
(17.56)
A2/A-
A

0.13 0.12
89788MAA0 TRUIST FINANCIAL CORP 1.2
08/05/2025 30,000.00 02/03/2022

1.85%
29,341.20
29,950.40

99.09 4.70%
29,728.23

86.00 0.02%
(222.17)
Baa1/A-
A-

0.27 0.26
24422EWJ4 JOHN DEERE CAPITAL CORP 4.05
09/08/2025 70,000.00 12/12/2022

4.46%
69,267.10
69,904.63

99.75 4.75%
69,822.42
417.38

0.05%
(82.21)
A1/A
A+

0.36 0.35
594918BJ2 MICROSOFT CORP 3.125
11/03/2025 125,000.00 01/11/2023

4.38%
120,882.50
124,252.82

99.33 4.49%
124,157.88
1,931.42

0.09%
(94.95)
Aaa/AAA
NA

0.51 0.49
14913R3B1 CATERPILLAR FINANCIAL
SERVICES CORP 4.8 01/06/2026 80,000.00 01/05/2023

4.80%
79,988.80
79,997.56
100.29

4.36%
80,230.91
1,226.67

0.06%
233.35
A2/A
A+

0.69 0.65
89115A2K7 TORONTO-DOMINION BANK

5.103 01/09/2026 80,000.00 01/05/2023

5.15%
79,890.40
79,975.83
100.40

4.50%
80,320.15
1,270.08

0.06%
344.32
A2/A-
AA-

0.70 0.66
037833BY5 APPLE INC 3.25 02/23/2026 100,000.00 12/15/2022

4.28%
96,949.00
99,217.56

99.33 4.09%
99,328.76
613.89

0.07%
111.20
Aaa/AA+
NA

0.82 0.79
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 29

Menifee Mayor and City Council
August 20, 2025
Page
69 of 731

CONFIDENTIAL | 11
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
63743HFH0

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

4.45 03/13/2026
70,000.00 02/02/2023

4.47%
69,950.30
69,986.32

99.98 4.47%
69,983.76
415.33

0.05%
(2.57)
A2/A-
A

0.87 0.84
023135BX3 AMAZON.COM INC 1.0
05/12/2026 60,000.00 05/10/2021

1.09%
59,740.80
59,946.63

96.92 4.08%
58,153.34
281.67

0.04%
(1,793.28)
A1/AA
AA-

1.03 1.00
91324PEC2 UNITEDHEALTH GROUP INC 1.15
05/15/2026 40,000.00 --

1.40%
39,563.60
39,896.75

96.85 4.28%
38,739.82
212.11

0.03%
(1,156.93)
A2/A+
A

1.04 1.01
89236TJK2 TOYOTA MOTOR CREDIT CORP

1.125 06/18/2026 40,000.00 06/15/2021

1.13%
39,982.40
39,996.02

96.67 4.17%
38,666.61
166.25

0.03%
(1,329.41)
A1/A+
A+

1.13 1.10
06051GJD2 BANK OF AMERICA CORP 1.319
06/19/2026 40,000.00 --

1.25%
40,105.60
40,003.57

99.53 5.47%
39,812.65
193.45

0.03%
(190.92)
A1/A-
AA-

1.14 0.13
037833DN7 APPLE INC 2.05 09/11/2026 25,000.00 12/02/2021

1.49%
25,621.00
25,161.36

97.54 3.92%
24,385.05

71.18 0.02%
(776.31)
Aaa/AA+
NA

1.37 1.32
06368FAC3 BANK OF MONTREAL 1.25
09/15/2026 40,000.00 09/13/2021

1.27%
39,951.60
39,986.69

95.96 4.31%
38,384.31

63.89 0.03%
(1,602.39)
A2/A-
AA-

1.38 1.33
74456QBR6 PUBLIC SERVICE ELECTRIC AND
GAS CO 2.25 09/15/2026 850,000.00 07/29/2024

4.77%
807,126.00
822,300.20

97.66 4.02%
830,100.31
2,443.75

0.62%
7,800.11
A1/A
NA

1.38 1.33
931142ER0 WALMART INC 1.05 09/17/2026 10,000.00 09/08/2021

1.09%
9,981.10
9,994.79

96.40 3.75%
9,640.05

12.83 0.01%
(354.73)
Aa2/AA
AA

1.38 1.34
438516BL9 HONEYWELL INTERNATIONAL
INC 2.5 11/01/2026 140,000.00 12/13/2022

4.28%
131,150.60
136,571.40

97.48 4.25%
136,472.67
1,750.00

0.10%
(98.73)
A2/A
A

1.51 1.45
26442CAS3 DUKE ENERGY CAROLINAS LLC

2.95 12/01/2026 35,000.00 01/13/2022

1.82%
36,755.95
35,507.95

98.25 4.10%
34,386.19
430.21

0.03%
(1,121.75)
Aa3/A
NA

1.59 1.51
87612EBM7 TARGET CORP 1.95 01/15/2027 20,000.00 01/19/2022

1.99%
19,966.00
19,988.32

96.81 3.90%
19,361.49
114.83

0.01%
(626.83)
A2/A
A

1.71 1.64
06051GLE7 BANK OF AMERICA CORP 5.08
01/20/2027 30,000.00 01/17/2023

5.08%
30,000.00
30,000.00
100.39

5.18%
30,118.21
427.57

0.02%
118.21
A1/A-
AA-

1.73 0.69
693475BL8 PNC FINANCIAL SERVICES
GROUP INC 4.758 01/26/2027 135,000.00 01/24/2023

5.18%
134,947.35
134,987.33
100.07

3.31%
135,090.77
1,695.04

0.10%
103.43
A3/A-
A

1.74 0.71
61747YEZ4 MORGAN STANLEY 5.05
01/28/2027 750,000.00 --

5.44%
744,262.05
747,546.47
100.38

5.18%
752,842.30
9,784.38

0.56%
5,295.83
A1/A-
A+

1.75 0.71
46647PBA3 JPMORGAN CHASE & CO 3.96
01/29/2027 400,000.00 04/17/2024

5.71%
388,284.00
395,079.28

99.65 5.21%
398,592.17
4,048.00

0.30%
3,512.89
A1/A
AA-

1.75 0.72
17275RBQ4 CISCO SYSTEMS INC 4.8
02/26/2027 700,000.00 04/30/2024

5.09%
694,694.00
696,575.78
101.56

3.90%
710,930.40
6,066.67

0.53%
14,354.62
A1/AA-
NA

1.83 1.64
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 30

Menifee Mayor and City Council
August 20, 2025
Page
70 of 731

CONFIDENTIAL | 12
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
808513BY0 CHARLES SCHWAB CORP 2.45
03/03/2027 25,000.00 03/01/2022

2.46%
24,991.70
24,997.49

96.99 4.17%
24,246.38

98.68 0.02%
(751.11)
A2/A-
A

1.84 1.77
02665WFD8 AMERICAN HONDA FINANCE
CORP 4.9 03/12/2027 600,000.00 04/23/2024

5.19%
595,380.00
597,010.85
101.01

4.32%
606,088.69
4,001.67

0.45%
9,077.84
A3/A-
NA

1.87 1.76
084664CZ2 BERKSHIRE HATHAWAY FINANCE
CORP 2.3 03/15/2027 45,000.00 03/07/2022

2.30%
44,991.45
44,997.42

97.16 3.88%
43,723.72
132.25

0.03%
(1,273.70)
Aa2/AA
A+

1.87 1.80
857477CL5 STATE STREET CORP 4.993
03/18/2027 125,000.00 03/13/2024

4.99%
125,000.00
125,000.00
101.52

4.14%
126,900.84
745.48

0.10%
1,900.84
Aa3/A
AA-

1.88 1.70
06051GHT9 BANK OF AMERICA CORP 3.559
04/23/2027 675,000.00 --

4.93%
656,743.45
665,736.39

99.00 5.11%
668,283.73
533.85

0.50%
2,547.34
A1/A-
AA-

1.98 0.95
06406RBQ9 BANK OF NEW YORK MELLON
CORP 4.947 04/26/2027 700,000.00 04/23/2024

5.38%
694,316.00
697,200.77
100.55

4.88%
703,849.97
480.96

0.53%
6,649.21
Aa3/A
AA-

1.99 0.95
665859AW4 NORTHERN TRUST CORP 4.0
05/10/2027 15,000.00 05/05/2022

4.03%
14,975.70
14,991.76

99.86 4.07%
14,978.91
285.00

0.01%
(12.85)
A2/A+
A+

2.03 1.89
22160KAM7 COSTCO WHOLESALE CORP 3.0
05/18/2027 20,000.00 07/15/2022

3.52%
19,535.80
19,803.43

98.45 3.79%
19,690.29
271.67

0.01%
(113.14)
Aa3/AA
NA

2.05 1.94
89115A2C5 TORONTO-DOMINION BANK

4.108 06/08/2027 40,000.00 08/26/2022

4.18%
39,866.00
39,940.96

99.67 4.27%
39,866.86
652.72

0.03%
(74.10)
A2/A-
NA

2.11 1.96
756109BG8 REALTY INCOME CORP 3.95
08/15/2027 100,000.00 12/13/2022

4.65%
97,097.00
98,575.76

99.17 4.33%
99,165.30
833.89

0.07%
589.54
A3/A-
NA

2.29 2.15
828807DE4 SIMON PROPERTY GROUP LP

3.375 12/01/2027 800,000.00 04/24/2024

5.32%
749,536.00
763,745.80

97.94 4.22%
783,522.09
11,250.00

0.59%
19,776.29
A3/A-
NA

2.59 2.41
69371RS31 PACCAR FINANCIAL CORP 4.6
01/10/2028 100,000.00 01/05/2023

4.71%
99,515.00
99,738.64
101.64

3.95%
101,635.87
1,418.33

0.08%
1,897.22
A1/A+
NA

2.70 2.48
89236TKQ7 TOYOTA MOTOR CREDIT CORP

4.625 01/12/2028 80,000.00 01/09/2023

4.64%
79,947.20
79,972.24
101.16

4.16%
80,926.63
1,120.28

0.06%
954.39
A1/A+
A+

2.70 2.48
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028 80,000.00 01/09/2023

4.91%
79,957.60
79,977.70
101.73

4.21%
81,384.64
1,186.89

0.06%
1,406.94
A1/A
AA-

2.70 2.47
02665WED9 AMERICAN HONDA FINANCE
CORP 4.7 01/12/2028 130,000.00 01/24/2023

4.52%
131,033.50
130,562.38
100.92

4.33%
131,191.88
1,849.97

0.10%
629.50
A3/A-
A

2.70 2.48
06051GGF0 BANK OF AMERICA CORP 3.824
01/20/2028 75,000.00 01/17/2023

5.51%
71,563.50
73,512.17

98.87 5.09%
74,149.18
804.63

0.06%
637.02
A1/A-
AA-

2.73 1.63
808513AU9 CHARLES SCHWAB CORP 3.2
01/25/2028 85,000.00 01/30/2023

4.32%
80,783.15
82,685.37

97.52 4.17%
82,892.32
725.33

0.06%
206.95
A2/A-
A

2.74 2.56
46625HRY8 JPMORGAN CHASE & CO 3.782
02/01/2028 70,000.00 01/30/2023

5.34%
67,053.70
68,376.79

98.87 4.96%
69,207.34
661.85

0.05%
830.54
A1/A
AA-

2.76 1.66
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 31

Menifee Mayor and City Council
August 20, 2025
Page
71 of 731

CONFIDENTIAL | 13
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91324PEP3 UNITEDHEALTH GROUP INC 5.25
02/15/2028 700,000.00 04/18/2024

5.14%
702,464.00
701,787.89
102.96

4.12%
720,685.12
7,758.33

0.54%
18,897.23
A2/A+
A

2.80 2.48
58933YBH7 MERCK & CO INC 4.05
05/17/2028 130,000.00 --

3.98%
130,394.70
130,237.50
100.38

3.92%
130,493.48
2,398.50

0.10%
255.99
Aa3/A+
NA

3.05 2.72
74340XCG4 PROLOGIS LP 4.875 06/15/2028 1,600,000.00 --

5.26%
1,577,232.00
1,582,690.49
101.87

4.23%
1,629,907.46
29,466.67

1.22%
47,216.96
A2/A
NA

3.13 2.75
89115A2U5 TORONTO-DOMINION BANK

5.523 07/17/2028 1,400,000.00 --

5.40%
1,406,219.50
1,404,780.78
103.67

4.29%
1,451,362.84
22,337.47

1.09%
46,582.06
A2/A-
AA-

3.21 2.89
74456QBX3 PUBLIC SERVICE ELECTRIC AND
GAS CO 3.65 09/01/2028 800,000.00 04/25/2024

5.20%
752,432.00
763,439.22

98.48 4.14%
787,872.38
4,866.67

0.59%
24,433.16
A1/A
NA

3.34 3.09
89236TLB9 TOYOTA MOTOR CREDIT CORP

5.25 09/11/2028 1,450,000.00 --

5.15%
1,455,605.50
1,454,411.90
103.13

4.24%
1,495,368.79
10,572.92

1.12%
40,956.89
A1/A+
A+

3.37 3.04
91324PEU2 UNITEDHEALTH GROUP INC 4.25
01/15/2029 850,000.00 05/31/2024

5.04%
822,681.00
828,096.30

99.99 4.25%
849,881.79
10,636.81

0.64%
21,785.49
A2/A+
A

3.71 3.35
24422EXH7 JOHN DEERE CAPITAL CORP 4.5
01/16/2029 1,550,000.00 --

5.13%
1,509,761.00
1,518,088.99
101.09

4.18%
1,566,883.28
20,343.75

1.17%
48,794.29
A1/A
A+

3.71 3.35
46647PAM8 JPMORGAN CHASE & CO 3.509
01/23/2029 1,250,000.00 --

5.47%
1,169,226.50
1,190,198.84

97.57 4.73%
1,219,625.84
11,940.35

0.91%
29,427.00
A1/A
AA-

3.73 2.54
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 1,500,000.00 --

5.10%
1,468,515.00
1,474,997.31
101.22

4.24%
1,518,252.86
17,441.67

1.14%
43,255.55
A1/A+
NA

3.76 3.38
78016HZV5 ROYAL BANK OF CANADA 4.95
02/01/2029 1,550,000.00 --

5.26%
1,530,273.50
1,534,365.04
102.07

4.35%
1,582,019.59
19,181.25

1.18%
47,654.55
A1/A
AA-

3.76 3.36
91159HJK7 US BANCORP 4.653 02/01/2029 1,600,000.00 --

5.58%
1,550,764.50
1,563,636.92
100.33

4.80%
1,605,318.19
18,612.00

1.20%
41,681.27
A3/A
A

3.76 2.53
06406RBN6 BANK OF NEW YORK MELLON
CORP 4.543 02/01/2029 900,000.00 06/07/2024

5.16%
881,811.00
886,252.34
100.69

4.59%
906,179.34
10,221.75

0.68%
19,927.00
Aa3/A
AA-

3.76 2.53
756109CF9 REALTY INCOME CORP 4.75
02/15/2029 1,450,000.00 --

5.40%
1,410,895.00
1,418,887.31
100.99

4.46%
1,464,304.29
14,540.28

1.10%
45,416.98
A3/A-
NA

3.80 3.34
14913UAJ9 CATERPILLAR FINANCIAL
SERVICES CORP 4.85 02/27/2029 1,300,000.00 --

5.02%
1,290,499.00
1,292,488.77
102.23

4.21%
1,329,026.39
11,208.89

0.99%
36,537.62
A2/A
A+

3.83 3.44
06051GHG7 BANK OF AMERICA CORP 3.97
03/05/2029 1,050,000.00 --

5.58%
992,729.50
1,007,180.35

98.59 4.78%
1,035,229.73
6,484.33

0.77%
28,049.39
A1/A-
AA-

3.85 2.64
02665WFE6 AMERICAN HONDA FINANCE
CORP 4.9 03/13/2029 850,000.00 05/31/2024

5.08%
843,616.50
844,840.58
101.47

4.48%
862,487.94
5,553.33

0.65%
17,647.35
A3/A-
NA

3.87 3.47
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 32

Menifee Mayor and City Council
August 20, 2025
Page
72 of 731

CONFIDENTIAL | 14
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
637432NS0

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

3.7 03/15/2029
1,600,000.00 06/07/2024

5.08%
1,507,712.00
1,524,959.61

97.42 4.43%
1,558,721.76
7,564.44

1.17%
33,762.15
A1/A-
A+

3.87 3.54
437076CW0 HOME DEPOT INC 4.9
04/15/2029 750,000.00 04/19/2024

5.12%
742,725.00
744,217.62
102.68

4.16%
770,117.60
1,633.33

0.58%
25,899.99
A2/A
A

3.96 3.50
61747YFD2 MORGAN STANLEY 5.164
04/20/2029 800,000.00 05/31/2024

5.36%
794,520.00
795,812.82
101.81

4.85%
814,461.69
1,262.31

0.61%
18,648.87
A1/A-
A+

3.97 2.73
857449AE2 STATE STREET BANK AND TRUST
CO 4.782 11/23/2029 1,500,000.00 02/10/2025

4.74%
1,502,820.00
1,502,692.41
101.65

4.38%
1,524,750.26
31,083.00

1.14%
22,057.85
Aa2/AA-
AA

4.57 3.99
571748CA8

MARSH & MCLENNAN
COMPANIES INC 4.65
03/15/2030
1,500,000.00 04/24/2025

4.62%
1,502,070.00
1,502,062.93
100.85

4.45%
1,512,676.88
8,912.50

1.13%
10,613.94
A3/A-
A-

4.87 4.23
Total Corporate 33,725,000.00 5.11%
33,015,652.60
33,209,779.40
100.69

4.41%
33,946,562.90
334,926.91

25.41%
736,783.50

3.33 2.78

MONEY MARKET
FUND
60934N104 FEDERATED HRMS GV O INST 623,515.22 --

4.23%
623,515.22
623,515.22

1.00 0.00%
623,515.22

0.00 0.47%

0.00 Aaa/
AAAm
AAA

0.00 0.00
Total Money
Market Fund 623,515.22 4.23%
623,515.22
623,515.22

1.00 0.00%
623,515.22

0.00 0.47%

0.00 0.00

0.00 SUPRANATIONAL
459058JL8

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 0.5 10/28/2025
75,000.00 --

0.59%
74,670.05
74,965.44

98.19 4.26%
73,641.14

3.13 0.06%
(1,324.31)
Aaa/AAA
NA

0.50 0.48
4581X0DV7

INTER-AMERICAN
DEVELOPMENT BANK 0.875
04/20/2026
75,000.00 04/13/2021

0.97%
74,656.50
74,933.41

97.12 3.93%
72,843.38

20.05 0.05%
(2,090.02)
Aaa/AAA
NA

0.97 0.95
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
1,300,000.00 06/07/2024

4.56%
1,248,988.00
1,260,092.42

99.51 3.66%
1,293,603.18
13,776.39

0.97%
33,510.76
Aaa/AAA
NA

3.20 2.97
45950KDD9 INTERNATIONAL FINANCE CORP

4.5 07/13/2028 100,000.00 07/06/2023

4.53%
99,889.00
99,928.98
102.51

3.66%
102,513.71
1,350.00

0.08%
2,584.74
Aaa/AAA
NA

3.20 2.93
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 33

Menifee Mayor and City Council
August 20, 2025
Page
73 of 731

CONFIDENTIAL | 15
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
4581X0DC9

INTER-AMERICAN
DEVELOPMENT BANK 3.125
09/18/2028
120,000.00 11/27/2023

4.55%
112,706.40
114,863.31

98.28 3.67%
117,937.03
447.92

0.09%
3,073.72
Aaa/AAA
NA

3.39 3.16
4581X0EN4

INTER-AMERICAN
DEVELOPMENT BANK 4.125
02/15/2029
1,385,000.00 --

4.19%
1,381,426.20
1,382,106.28
101.46

3.71%
1,405,208.94
12,061.04

1.05%
23,102.66
Aaa/AAA
NA

3.80 3.46
459058KL6

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.625 09/21/2029
1,350,000.00 09/26/2024

3.61%
1,350,850.50
1,350,749.56

99.45 3.76%
1,342,536.93
5,437.50

1.01%
(8,212.63)
Aaa/AAA
NA

4.39 4.00
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
2,345,000.00 10/08/2024

3.93%
2,338,879.55
2,339,539.86
100.44

3.77%
2,355,423.03
3,786.20

1.76%
15,883.17
Aaa/AAA
NA

4.46 4.06
Total
Supranational 6,750,000.00 3.99%
6,682,066.20
6,697,179.26
100.21

3.74%
6,763,707.35
36,882.22

5.06%
66,528.08

3.95 3.61

US TREASURY
91282CAT8 UNITED STATES TREASURY 0.25
10/31/2025 75,000.00 02/22/2021

0.54%
73,986.33
74,891.58

98.08 4.20%
73,558.01

0.51 0.06%
(1,333.58)
Aaa/AA+
AA+

0.50 0.49
912828M56 UNITED STATES TREASURY 2.25
11/15/2025 2,000,000.00 06/01/2021

0.64%
2,140,625.00
2,017,113.55

98.99 4.17%
1,979,718.74
20,759.67

1.48%
(37,394.81)
Aaa/AA+
AA+

0.54 0.52
91282CAZ4 UNITED STATES TREASURY 0.375
11/30/2025 70,000.00 03/26/2021

0.76%
68,744.92
69,843.39

97.87 4.12%
68,506.48
109.62

0.05%
(1,336.91)
Aaa/AA+
AA+

0.59 0.57
91282CGA3 UNITED STATES TREASURY 4.0
12/15/2025 820,000.00 --

4.75%
810,386.72
816,333.24

99.98 4.03%
819,839.85
12,345.05

0.61%
3,506.60
Aaa/AA+
AA+

0.63 0.60
91282CJS1 UNITED STATES TREASURY 4.25
12/31/2025 850,000.00 04/29/2024

5.07%
838,876.95
845,550.78
100.12

4.06%
851,016.01
12,074.93

0.64%
5,465.23
Aaa/AA+
AA+

0.67 0.64
9128286A3 UNITED STATES TREASURY 2.625
01/31/2026 800,000.00 04/25/2024

5.07%
767,375.00
786,090.12

98.96 4.04%
791,656.25
5,220.99

0.59%
5,566.13
Aaa/AA+
AA+

0.76 0.73
91282CJV4 UNITED STATES TREASURY 4.25
01/31/2026 800,000.00 04/18/2024

5.04%
789,312.50
795,492.24
100.15

4.03%
801,237.50
8,453.04

0.60%
5,745.26
Aaa/AA+
AA+

0.76 0.73
9128286F2 UNITED STATES TREASURY 2.5
02/28/2026 800,000.00 --

4.88%
765,630.86
785,076.53

98.77 4.02%
790,148.44
3,369.57

0.59%
5,071.91
Aaa/AA+
AA+

0.83 0.81
91282CKB6 UNITED STATES TREASURY 4.625
02/28/2026 800,000.00 04/18/2024

5.01%
794,500.00
797,549.26
100.49

4.01%
803,943.75
6,233.70

0.60%
6,394.49
Aaa/AA+
AA+

0.83 0.80
91282CBT7 UNITED STATES TREASURY 0.75
03/31/2026 4,000,000.00 06/01/2021

0.76%
3,998,750.00
3,999,763.19

97.17 3.93%
3,886,687.48
2,540.98

2.91%
(113,075.71)
Aaa/AA+
AA+

0.92 0.90
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 34

Menifee Mayor and City Council
August 20, 2025
Page
74 of 731

CONFIDENTIAL | 16
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CKH3 UNITED STATES TREASURY 4.5
03/31/2026 850,000.00 04/17/2024

4.96%
842,828.13
846,635.67
100.50

3.93%
854,263.28
3,239.75

0.64%
7,627.61
Aaa/AA+
AA+

0.92 0.89
91282CKK6 UNITED STATES TREASURY 4.875
04/30/2026 800,000.00 04/24/2024

4.93%
799,125.00
799,563.70
100.93

3.91%
807,456.25
105.98

0.60%
7,892.55
Aaa/AA+
AA+

1.00 0.97
91282CHB0 UNITED STATES TREASURY 3.625
05/15/2026 800,000.00 04/23/2024

4.90%
780,187.50
790,001.41

99.74 3.88%
797,893.75
13,378.45

0.60%
7,892.34
Aaa/AA+
AA+

1.04 0.99
91282CHH7 UNITED STATES TREASURY 4.125
06/15/2026 800,000.00 04/22/2024

4.94%
786,781.25
793,078.30
100.30

3.85%
802,406.25
12,420.33

0.60%
9,327.94
Aaa/AA+
AA+

1.13 1.07
91282CHM6 UNITED STATES TREASURY 4.5
07/15/2026 850,000.00 04/29/2024

4.94%
842,164.06
845,722.32
100.79

3.82%
856,707.03
11,200.28

0.64%
10,984.71
Aaa/AA+
AA+

1.21 1.15
91282CHU8 UNITED STATES TREASURY 4.375
08/15/2026 800,000.00 04/23/2024

4.87%
791,375.00
795,181.05
100.73

3.78%
805,875.00
7,251.38

0.60%
10,693.95
Aaa/AA+
AA+

1.29 1.24
91282CCZ2 UNITED STATES TREASURY 0.875
09/30/2026 120,000.00 --

1.08%
118,806.25
119,659.21

96.09 3.74%
115,303.13

88.93 0.09%
(4,356.09)
Aaa/AA+
AA+

1.42 1.38
912828YQ7 UNITED STATES TREASURY 1.625
10/31/2026 200,000.00 01/30/2023

3.82%
184,765.63
193,901.80

96.98 3.71%
193,968.75

8.83 0.15%

66.95 Aaa/AA+
AA+

1.50 1.46
912828U24 UNITED STATES TREASURY 2.0
11/15/2026 870,000.00 --

4.58%
812,147.27
837,928.18

97.45 3.72%
847,808.21
8,027.07

0.63%
9,880.02
Aaa/AA+
AA+

1.54 1.48
91282CJP7 UNITED STATES TREASURY 4.375
12/15/2026 800,000.00 04/18/2024

4.87%
790,250.00
794,039.43
101.07

3.69%
808,531.25
13,173.08

0.61%
14,491.82
Aaa/AA+
AA+

1.63 1.53
91282CJT9 UNITED STATES TREASURY 4.0
01/15/2027 800,000.00 04/22/2024

4.84%
782,968.75
789,340.52
100.55

3.66%
804,375.00
9,370.17

0.60%
15,034.48
Aaa/AA+
AA+

1.71 1.62
912828V98 UNITED STATES TREASURY 2.25
02/15/2027 800,000.00 --

4.57%
748,375.00
769,289.86

97.59 3.65%
780,718.75
3,729.28

0.58%
11,428.89
Aaa/AA+
AA+

1.80 1.73
91282CKJ9 UNITED STATES TREASURY 4.5
04/15/2027 800,000.00 04/16/2024

4.81%
793,125.00
795,508.92
101.65

3.62%
813,218.75
1,573.77

0.61%
17,709.83
Aaa/AA+
AA+

1.96 1.86
91282CKR1 UNITED STATES TREASURY 4.5
05/15/2027 1,250,000.00 04/24/2025

3.83%
1,266,357.42
1,266,226.56
101.72

3.62%
1,271,485.00
25,949.59

0.95%
5,258.44
Aaa/AA+
AA+

2.04 1.90
91282CKV2 UNITED STATES TREASURY 4.625
06/15/2027 1,500,000.00 06/17/2024

4.49%
1,505,683.59
1,504,033.68
102.09

3.59%
1,531,407.00
26,110.92

1.15%
27,373.32
Aaa/AA+
AA+

2.13 1.98
91282CEW7 UNITED STATES TREASURY 3.25
06/30/2027 815,000.00 --

4.43%
786,333.79
795,853.71

99.30 3.59%
809,269.53
8,853.56

0.61%
13,415.82
Aaa/AA+
AA+

2.17 2.05
91282CFB2 UNITED STATES TREASURY 2.75
07/31/2027 815,000.00 --

4.76%
765,901.95
781,299.01

98.16 3.60%
800,037.11
5,572.17

0.60%
18,738.09
Aaa/AA+
AA+

2.25 2.15
91282CFH9 UNITED STATES TREASURY 3.125
08/31/2027 1,630,000.00 --

4.55%
1,560,182.82
1,580,368.62

98.95 3.60%
1,612,935.94
8,581.86

1.21%
32,567.31
Aaa/AA+
AA+

2.34 2.22
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 35

Menifee Mayor and City Council
August 20, 2025
Page
75 of 731

CONFIDENTIAL | 17
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CFM8 UNITED STATES TREASURY 4.125
09/30/2027 800,000.00 --

4.54%
790,265.63
792,715.52
101.28

3.57%
810,218.75
2,795.08

0.61%
17,503.24
Aaa/AA+
AA+

2.42 2.28
91282CFU0 UNITED STATES TREASURY 4.125
10/31/2027 1,650,000.00 --

4.51%
1,630,343.75
1,635,333.03
101.27

3.59%
1,670,947.26
184.95

1.25%
35,614.23
Aaa/AA+
AA+

2.50 2.36
91282CGC9 UNITED STATES TREASURY 3.875
12/31/2027 850,000.00 04/17/2024

4.75%
824,931.64
831,940.40
100.77

3.57%
856,574.22
11,009.50

0.64%
24,633.83
Aaa/AA+
AA+

2.67 2.48
91282CMN8 UNITED STATES TREASURY 4.25
02/15/2028 1,500,000.00 02/25/2025

4.08%
1,506,855.47
1,506,450.72
101.74

3.59%
1,526,132.82
13,207.87

1.14%
19,682.10
Aaa/AA+
AA+

2.80 2.60
91282CHA2 UNITED STATES TREASURY 3.5
04/30/2028 815,000.00 --

4.50%
784,646.88
792,939.29

99.73 3.60%
812,771.48

77.51 0.61%
19,832.19
Aaa/AA+
AA+

3.00 2.82
91282CHE4 UNITED STATES TREASURY 3.625
05/31/2028 815,000.00 --

4.52%
787,623.25
794,808.72
100.07

3.60%
815,541.21
12,336.95

0.61%
20,732.48
Aaa/AA+
AA+

3.08 2.85
91282CHK0 UNITED STATES TREASURY 4.0
06/30/2028 1,500,000.00 02/10/2025

4.28%
1,486,933.59
1,487,769.42
101.22

3.59%
1,518,339.84
20,055.25

1.14%
30,570.42
Aaa/AA+
AA+

3.17 2.92
91282CHQ7 UNITED STATES TREASURY 4.125
07/31/2028 790,000.00 --

4.65%
773,639.07
777,798.10
101.57

3.61%
802,405.46
8,101.86

0.60%
24,607.36
Aaa/AA+
AA+

3.25 2.99
91282CHX2 UNITED STATES TREASURY 4.375
08/31/2028 1,450,000.00 --

4.41%
1,446,986.34
1,448,766.15
102.35

3.62%
1,484,041.01
10,687.84

1.11%
35,274.86
Aaa/AA+
AA+

3.34 3.06
9128285M8 UNITED STATES TREASURY 3.125
11/15/2028 150,000.00 01/17/2024

4.05%
143,970.70
145,574.64

98.33 3.63%
147,498.05
2,162.47

0.11%
1,923.41
Aaa/AA+
AA+

3.54 3.27
91282CJN2 UNITED STATES TREASURY 4.375
11/30/2028 850,000.00 04/17/2024

4.68%
839,308.59
841,704.18
102.45

3.64%
870,818.36
15,528.85

0.65%
29,114.19
Aaa/AA+
AA+

3.59 3.24
91282CJR3 UNITED STATES TREASURY 3.75
12/31/2028 890,000.00 --

4.59%
858,566.41
865,553.23
100.36

3.64%
893,198.44
11,155.73

0.67%
27,645.21
Aaa/AA+
AA+

3.67 3.36
91282CJW2 UNITED STATES TREASURY 4.0
01/31/2029 825,000.00 --

4.65%
802,336.91
807,215.94
101.22

3.65%
835,054.69
8,204.42

0.63%
27,838.74
Aaa/AA+
AA+

3.76 3.43
912810FG8 UNITED STATES TREASURY 5.25
02/15/2029 1,550,000.00 --

4.42%
1,603,873.05
1,593,347.25
105.99

3.55%
1,642,878.91
16,859.46

1.23%
49,531.66
Aaa/AA+
AA+

3.80 3.40
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 850,000.00 --

4.57%
838,150.40
840,675.22
102.13

3.65%
868,062.50
6,086.28

0.65%
27,387.28
Aaa/AA+
AA+

3.83 3.49
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 1,600,000.00 --

4.49%
1,574,437.50
1,579,606.15
101.68

3.66%
1,626,875.01
5,590.16

1.22%
47,268.86
Aaa/AA+
AA+

3.92 3.58
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 1,600,000.00 --

4.49%
1,609,593.75
1,607,958.63
103.54

3.66%
1,656,687.50
201.09

1.24%
48,728.88
Aaa/AA+
AA+

4.00 3.63
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 1,600,000.00 06/20/2024

4.29%
1,614,812.50
1,612,235.70
103.12

3.67%
1,649,937.50
30,065.93

1.24%
37,701.80
Aaa/AA+
AA+

4.08 3.65
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 36

Menifee Mayor and City Council
August 20, 2025
Page
76 of 731

CONFIDENTIAL | 18
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CEV9 UNITED STATES TREASURY 3.25
06/30/2029 1,500,000.00 07/29/2024

4.10%
1,443,515.64
1,452,164.41

98.38 3.67%
1,475,742.18
16,294.89

1.10%
23,577.77
Aaa/AA+
AA+

4.17 3.82
91282CKX8 UNITED STATES TREASURY 4.25
06/30/2029 1,600,000.00 09/10/2024

3.45%
1,656,250.00
1,648,805.62
102.20

3.68%
1,635,124.99
22,729.28

1.22%
(13,680.63)
Aaa/AA+
AA+

4.17 3.75
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 1,300,000.00 08/22/2024

3.72%
1,316,402.34
1,314,118.93
101.25

3.68%
1,316,300.78
12,928.18

0.99%
2,181.85
Aaa/AA+
AA+

4.25 3.85
91282CFJ5 UNITED STATES TREASURY 3.125
08/31/2029 2,100,000.00 --

3.48%
2,066,046.88
2,070,347.16

97.78 3.68%
2,053,324.22
11,056.39

1.54%
(17,022.94)
Aaa/AA+
AA+

4.34 3.99
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 1,350,000.00 12/18/2024

4.26%
1,306,177.73
1,309,515.85

99.23 3.69%
1,339,611.33
4,002.05

1.00%
30,095.48
Aaa/AA+
AA+

4.42 4.04
91282CLR0 UNITED STATES TREASURY 4.125
10/31/2029 2,000,000.00 11/19/2024

4.24%
1,990,234.38
1,991,110.37
101.77

3.69%
2,035,390.62
224.18

1.52%
44,280.25
Aaa/AA+
AA+

4.50 4.08
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 1,750,000.00 12/09/2024

4.07%
1,754,375.00
1,754,032.90
101.82

3.69%
1,781,787.11
30,144.23

1.33%
27,754.20
Aaa/AA+
AA+

4.59 4.08
91282CMD0 UNITED STATES TREASURY 4.375
12/31/2029 1,500,000.00 01/28/2025

4.37%
1,500,527.34
1,500,500.34
102.84

3.70%
1,542,657.00
21,935.43

1.15%
42,156.66
Aaa/AA+
AA+

4.67 4.14
91282CGJ4 UNITED STATES TREASURY 3.5
01/31/2030 1,500,000.00 02/27/2025

4.14%
1,457,812.50
1,459,267.24

99.06 3.72%
1,485,878.91
13,052.49

1.11%
26,611.67
Aaa/AA+
AA+

4.76 4.30
91282CMU2 UNITED STATES TREASURY 4.0
03/31/2030 1,500,000.00 04/15/2025

3.98%
1,501,464.84
1,501,452.70
101.24

3.72%
1,518,632.82
5,081.97

1.14%
17,180.12
Aaa/AA+
AA+

4.92 4.42
Total US Treasury 62,500,000.00 4.05%
61,915,628.77
62,049,043.66
100.60

3.73%
62,852,405.45
541,503.74

47.05%
803,361.79

2.80 2.57
Total Portfolio 133,497,358.70 4.02%
131,873,562.70
132,285,863.05

99.64 3.94%
133,578,243.73
1,010,876.77
100.00%
1,292,380.68

2.88 2.51
Total Market Value
+ Accrued 134,589,120.50
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 37

Menifee Mayor and City Council
August 20, 2025
Page
77 of 731

CONFIDENTIAL | 19
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 04/02/2025 60934N104 2,149.14 FEDERATED HRMS GV O INST 1.000 4.21% (2,149.14) 0.00 (2,149.14) 0.00
Purchase 04/10/2025 60934N104 15,312.50 FEDERATED HRMS GV O INST 1.000 4.23% (15,312.50) 0.00 (15,312.50) 0.00
Purchase 04/15/2025 60934N104 8,122.15 FEDERATED HRMS GV O INST 1.000 4.22% (8,122.15) 0.00 (8,122.15) 0.00
Purchase 04/15/2025 60934N104 71,362.71 FEDERATED HRMS GV O INST 1.000 4.22% (71,362.71) 0.00 (71,362.71) 0.00
Purchase 04/16/2025 91282CMU2 1,500,000.00 UNITED STATES TREASURY

4.0 03/31/2030 100.098 3.98% (1,501,464.84) (2,622.95) (1,504,087.79) 0.00 Purchase 04/16/2025 60934N104 788.11 FEDERATED HRMS GV O INST 1.000 4.20% (788.11) 0.00 (788.11) 0.00
Purchase 04/16/2025 60934N104 34,776.00 FEDERATED HRMS GV O INST 1.000 4.20% (34,776.00) 0.00 (34,776.00) 0.00
Purchase 04/21/2025 60934N104 24,624.92 FEDERATED HRMS GV O INST 1.000 4.20% (24,624.92) 0.00 (24,624.92) 0.00
Purchase 04/21/2025 60934N104 666.08 FEDERATED HRMS GV O INST 1.000 4.20% (666.08) 0.00 (666.08) 0.00
Purchase 04/22/2025 60934N104 12,124.98 FEDERATED HRMS GV O INST 1.000 4.19% (12,124.98) 0.00 (12,124.98) 0.00
Purchase 04/23/2025 60934N104 12,011.63 FEDERATED HRMS GV O INST 1.000 4.17% (12,011.63) 0.00 (12,011.63) 0.00
Purchase 04/25/2025 91282CKR1 1,250,000.00 UNITED STATES TREASURY

4.5 05/15/2027 101.309 3.83% (1,266,357.42) (25,017.27) (1,291,374.69) 0.00 Purchase 04/25/2025 60934N104 57,816.59 FEDERATED HRMS GV O INST 1.000 4.20% (57,816.59) 0.00 (57,816.59) 0.00
Purchase 04/25/2025 571748CA8 1,500,000.00

MARSH & MCLENNAN
COMPANIES INC 4.65
03/15/2030
100.138 4.62% (1,502,070.00) (7,750.00) (1,509,820.00) 0.00 Purchase 04/28/2025 60934N104 52,884.90 FEDERATED HRMS GV O INST 1.000 4.22% (52,884.90) 0.00 (52,884.90) 0.00
Purchase 04/30/2025 60934N104 296,175.00 FEDERATED HRMS GV O INST 1.000 4.23% (296,175.00) 0.00 (296,175.00) 0.00
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 38

Menifee Mayor and City Council
August 20, 2025
Page
78 of 731

CONFIDENTIAL | 20
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Total Purchase 4,838,814.71 (4,858,706.97) (35,390.22) (4,894,097.19) 0.00 TOTAL
ACQUISITIONS 4,838,814.71 (4,858,706.97) (35,390.22) (4,894,097.19) 0.00

DISPOSITIONS
Maturity 04/30/2025 713448CT3 (130,000.00) PEPSICO INC 2.75 04/30/2025 100.000 4.48% 130,000.00 0.00 130,000.00 0.00 Total Maturity (130,000.00) 130,000.00 0.00 130,000.00 0.00 Sale 04/10/2025 60934N104 (7,902.88) FEDERATED HRMS GV O INST 1.000 4.23% 7,902.88 0.00 7,902.88 0.00
Sale 04/16/2025 912828K74 (1,500,000.00) UNITED STATES TREASURY

2.0 08/15/2025 99.230 0.59% 1,488,457.03 (4,972.38) 1,493,429.41 (18,452.68) Sale 04/25/2025 91282CAM3 (70,000.00) UNITED STATES TREASURY

0.25 09/30/2025 98.301 0.74% 68,810.55 (11.95) 68,822.50 (1,043.16) Sale 04/25/2025 3130AMM33 (1,500,000.00) FEDERAL HOME LOAN BANKS 0.875 06/16/2026 96.453 0.88% 1,446,795.00 (4,703.13) 1,451,498.13 (53,205.00) Sale 04/25/2025 3133EN7J3 (210,000.00)

FEDERAL FARM CREDIT

BANKS FUNDING CORP

3.875 02/02/2026

99.740 4.01% 209,454.00 (1,876.15) 211,330.15 (339.95)
Sale 04/25/2025 60934N104 (209,183.10) FEDERATED HRMS GV O INST 1.000 4.20% 209,183.10 0.00 209,183.10 0.00
Sale 04/25/2025 91282CFP1 (850,000.00) UNITED STATES TREASURY

4.25 10/15/2025 100.035 5.10% 850,298.83 (987.02) 851,285.85 3,572.15 Total Sale (4,347,085.98) 4,280,901.39 (12,550.63) 4,293,452.02 (69,468.65) TOTAL
DISPOSITIONS (4,477,085.98) 4,410,901.39 (12,550.63) 4,423,452.02 (69,468.65) OTHER

TRANSACTIONS
Call Redemption 04/22/2025 46647PBK1 (12,000.00) JPMORGAN CHASE & CO

2.083 04/22/2026 100.000 1.11% 12,000.00 0.00 12,000.00 0.00 Call Redemption 04/28/2025 6174468Q5 (35,000.00) MORGAN STANLEY 2.188 04/28/2026 100.000 5.10% 35,000.00 0.00 35,000.00 0.00
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 39

Menifee Mayor and City Council
August 20, 2025
Page
79 of 731

CONFIDENTIAL | 21
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Total Call
Redemption (47,000.00) 47,000.00 0.00 47,000.00 0.00
Cash Transfer 04/10/2025 CCYUSD (7,902.88) Cash 0.00% (7,902.88) 0.00 (7,902.88) 0.00 Total Cash
Transfer (7,902.88) (7,902.88) 0.00 (7,902.88) 0.00
Coupon 04/01/2025 3137BLW95 0.00 FHMS K-050 A2 3.334
08/25/2025 1.21% 65.64 0.00 65.64 0.00
Coupon 04/01/2025 3137BLAC2 0.00 FHMS K-048 A2 3.284
06/25/2025 1.27% 125.75 0.00 125.75 0.00
Coupon 04/01/2025 3137BKRJ1 0.00 FHMS K-047 A2 3.329
05/25/2025 2.30% 72.12 0.00 72.12 0.00
Coupon 04/01/2025 3137BQYS0 0.00 FHMS K-056 A2 2.525
05/25/2026 2.68% 252.50 0.00 252.50 0.00
Coupon 04/01/2025 3137FMCR1 0.00 FHMS K-093 A2 2.982
05/25/2029 3.82% 2,485.00 0.00 2,485.00 0.00
Coupon 04/01/2025 3137BSP72 0.00 FHMS K-058 A2 2.653
08/25/2026 4.11% 276.35 0.00 276.35 0.00
Coupon 04/01/2025 3137BN6G4 0.00 FHMS K-053 A2 2.995
12/25/2025 4.13% 297.06 0.00 297.06 0.00
Coupon 04/01/2025 3137BNGT5 0.00 FHMS K-054 A2 2.745
01/25/2026 4.24% 150.75 0.00 150.75 0.00
Coupon 04/01/2025 3137BUX60CMO 0.00 FHMS K-062 A2 3.413 12/25/2026 4.28% 199.09 0.00 199.09 0.00
Coupon 04/01/2025 3137FQXJ7 0.00 FHMS K-737 A2 2.525
10/25/2026 4.29% 263.02 0.00 263.02 0.00
Coupon 04/01/2025 3137BVZ82 0.00 FHMS K-063 A2 3.43
01/25/2027 4.30% 200.08 0.00 200.08 0.00
Coupon 04/01/2025 3137FBU79 0.00 FHMS K-069 A2 3.187
09/25/2027 4.37% 261.96 0.00 261.96 0.00
Coupon 04/01/2025 3137FCJK1 0.00 FHMS K-070 A2 3.303
11/25/2027 4.38% 82.58 0.00 82.58 0.00
Coupon 04/01/2025 3137HA4B9 0.00 FHMS K-751 A2 4.412
03/25/2030 4.40% 2,165.56 0.00 2,165.56 0.00
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 40

Menifee Mayor and City Council
August 20, 2025
Page
80 of 731

CONFIDENTIAL | 22
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 04/01/2025 3137FLMV3 0.00 FHMS K-090 A2 3.422
02/25/2029 4.94% 4,277.50 0.00 4,277.50 0.00
Coupon 04/01/2025 3137FJEH8 0.00 FHMS K-081 A2 3.9
08/25/2028 5.00% 4,875.00 0.00 4,875.00 0.00
Coupon 04/01/2025 3137H4BY5 0.00 FHMS K-746 A2 2.031
09/25/2028 5.31% 228.49 0.00 228.49 0.00
Coupon 04/10/2025 3133ERAK7 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

4.375 04/10/2029

4.73% 15,312.50 0.00 15,312.50 0.00
Coupon 04/15/2025 47789QAC4 0.00 JDOT 2021-B A3 0.52
03/16/2026 0.52% 0.14 0.00 0.14 0.00
Coupon 04/15/2025 448977AD0 0.00 HART 2022-A A3 2.22
10/15/2026 2.23% 8.85 0.00 8.85 0.00
Coupon 04/15/2025 47787JAC2 0.00 JDOT 2022 A3 2.32
09/15/2026 2.34% 3.72 0.00 3.72 0.00
Coupon 04/15/2025 47800BAC2 0.00 JDOT 2022-C A3 5.09
06/15/2027 3.29% 63.79 0.00 63.79 0.00
Coupon 04/15/2025 47800CAC0 0.00 JDOT 2023 A3 5.01
11/15/2027 3.39% 72.35 0.00 72.35 0.00
Coupon 04/15/2025 47800AAC4 0.00 JDOT 2022-B A3 3.74
02/16/2027 3.77% 20.99 0.00 20.99 0.00
Coupon 04/15/2025 43815BAC4 0.00 HAROT 2022-1 A3 1.88
05/15/2026 4.07% 27.33 0.00 27.33 0.00
Coupon 04/15/2025 89239TAD4 0.00 TAOT 2024-D A3 4.4
06/15/2029 4.51% 1,485.00 0.00 1,485.00 0.00
Coupon 04/15/2025 58770AAC7 0.00 MBART 2023-1 A3 4.51
11/15/2027 4.56% 85.54 0.00 85.54 0.00
Coupon 04/15/2025 89231CAD9 0.00 TAOT 2022-C A3 3.76
04/15/2027 4.58% 43.32 0.00 43.32 0.00
Coupon 04/15/2025 34535VAD6 0.00 FORDO 2024-D A3 4.61
08/15/2029 4.66% 2,977.29 0.00 2,977.29 0.00
Coupon 04/15/2025 91282CKJ9 0.00 UNITED STATES TREASURY

4.5 04/15/2027 4.81% 18,000.00 0.00 18,000.00 0.00
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 41

Menifee Mayor and City Council
August 20, 2025
Page
81 of 731

CONFIDENTIAL | 23
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 04/15/2025 44935CAD3 0.00 HART 2025-A A3 4.32
10/15/2029 4.84% 3,187.80 0.00 3,187.80 0.00
Coupon 04/15/2025 47800DAD6 0.00 JDOT 2025 A3 4.23
09/17/2029 5.09% 2,536.83 0.00 2,536.83 0.00
Coupon 04/15/2025 91282CFP1 0.00 UNITED STATES TREASURY

4.25 10/15/2025 5.10% 18,062.50 0.00 18,062.50 0.00
Coupon 04/15/2025 437076CW0 0.00 HOME DEPOT INC 4.9
04/15/2029 5.12% 18,375.00 0.00 18,375.00 0.00
Coupon 04/15/2025 89238JAC9 0.00 TAOT 2021-D A3 0.71
04/15/2026 5.38% 2.55 0.00 2.55 0.00
Coupon 04/16/2025 362554AC1 0.00 GMCAR 2021-4 A3 0.68
09/16/2026 0.68% 0.58 0.00 0.58 0.00
Coupon 04/16/2025 380146AC4 0.00 GMCAR 2022-1 A3 1.26
11/16/2026 1.24% 1.54 0.00 1.54 0.00
Coupon 04/16/2025 459058LN1 0.00

INTERNATIONAL BANK

FOR RECONSTRUCTION
AND DEVELOPM 3.875
10/16/2029

3.93% 45,446.10 0.00 45,446.10 0.00
Coupon 04/18/2025 437930AC4 0.00 HAROT 2024-2 A3 5.27
11/20/2028 5.27% 922.25 0.00 922.25 0.00
Coupon 04/20/2025 4581X0DV7 0.00

INTER-AMERICAN

DEVELOPMENT BANK

0.875 04/20/2026

0.97% 328.13 0.00 328.13 0.00
Coupon 04/20/2025 61747YFD2 0.00 MORGAN STANLEY 5.164
04/20/2029 5.36% 20,656.00 0.00 20,656.00 0.00
Coupon 04/21/2025 43815GAC3 0.00 HAROT 2021-4 A3 0.88
01/21/2026 0.42% 0.38 0.00 0.38 0.00
Coupon 04/21/2025 43813YAC6 0.00 HAROT 2024-3 A3 4.57
03/21/2029 4.66% 3,046.67 0.00 3,046.67 0.00
Coupon 04/22/2025 46647PBK1 0.00 JPMORGAN CHASE & CO

2.083 04/22/2026 1.11% 124.98 0.00 124.98 0.00
Coupon 04/23/2025 06051GHT9 0.00 BANK OF AMERICA CORP

3.559 04/23/2027 4.93% 12,011.63 0.00 12,011.63 0.00
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 42

Menifee Mayor and City Council
August 20, 2025
Page
82 of 731

CONFIDENTIAL | 24
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 04/25/2025 05602RAD3 0.00 BMWOT 2022-A A3 3.21
08/25/2026 3.63% 8.05 0.00 8.05 0.00
Coupon 04/25/2025 3133EPGW9 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

3.875 04/25/2028

3.76% 2,906.25 0.00 2,906.25 0.00
Coupon 04/25/2025 096919AD7 0.00 BMWOT 2024-A A3 5.18
02/26/2029 5.18% 2,460.50 0.00 2,460.50 0.00
Coupon 04/26/2025 06406RBQ9 0.00

BANK OF NEW YORK
MELLON CORP 4.947
04/26/2027

5.38% 17,314.50 0.00 17,314.50 0.00
Coupon 04/28/2025 459058JL8 0.00

INTERNATIONAL BANK

FOR RECONSTRUCTION
AND DEVELOPM 0.5
10/28/2025

0.59% 187.50 0.00 187.50 0.00
Coupon 04/28/2025 6174468Q5 0.00 MORGAN STANLEY 2.188
04/28/2026 5.11% 382.90 0.00 382.90 0.00
Coupon 04/30/2025 91282CAT8 0.00 UNITED STATES TREASURY

0.25 10/31/2025 0.54% 93.75 0.00 93.75 0.00
Coupon 04/30/2025 912828YQ7 0.00 UNITED STATES TREASURY

1.625 10/31/2026 3.82% 1,625.00 0.00 1,625.00 0.00
Coupon 04/30/2025 91282CLR0 0.00 UNITED STATES TREASURY

4.125 10/31/2029 4.24% 41,250.00 0.00 41,250.00 0.00
Coupon 04/30/2025 91282CHA2 0.00 UNITED STATES TREASURY

3.5 04/30/2028 4.33% 14,262.50 0.00 14,262.50 0.00
Coupon 04/30/2025 91282CFU0 0.00 UNITED STATES TREASURY

4.125 10/31/2027 4.36% 34,031.25 0.00 34,031.25 0.00
Coupon 04/30/2025 713448CT3 0.00 PEPSICO INC 2.75
04/30/2025 4.48% 1,787.50 0.00 1,787.50 0.00
Coupon 04/30/2025 91282CKP5 0.00 UNITED STATES TREASURY

4.625 04/30/2029 4.49% 37,000.00 0.00 37,000.00 0.00
Coupon 04/30/2025 3133ERDH1 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

4.75 04/30/2029

4.55% 16,625.00 0.00 16,625.00 0.00
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 43

Menifee Mayor and City Council
August 20, 2025
Page
83 of 731

CONFIDENTIAL | 25
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 04/30/2025 91282CKK6 0.00 UNITED STATES TREASURY

4.875 04/30/2026 4.93% 19,500.00 0.00 19,500.00 0.00
Total Coupon 0.00 368,516.91 0.00 368,516.91 0.00
Dividend 04/30/2025 60934N104 0.00 FEDERATED HRMS GV O
INST 4.23% 1,103.56 0.00 1,103.56 0.00
Total Dividend 0.00 1,103.56 0.00 1,103.56 0.00
Principal Paydown 04/01/2025 3137BLW95 542.92 FHMS K-050 A2 3.334 08/25/2025 1.21% 542.92 -- 542.92 0.00
Principal Paydown 04/01/2025 3137BLAC2 21,017.34 FHMS K-048 A2 3.284 06/25/2025 1.27% 21,017.34 -- 21,017.34 0.00
Principal Paydown 04/01/2025 3137BKRJ1 22,615.03 FHMS K-047 A2 3.329 05/25/2025 2.30% 22,615.03 -- 22,615.03 0.00
Principal Paydown 04/01/2025 3137BQYS0 18.12 FHMS K-056 A2 2.525 05/25/2026 3.93% 18.12 -- 18.12 0.00
Principal Paydown 04/01/2025 3137BN6G4 164.27 FHMS K-053 A2 2.995 12/25/2025 4.13% 164.27 -- 164.27 0.01
Principal Paydown 04/01/2025 3137BNGT5 124.57 FHMS K-054 A2 2.745 01/25/2026 4.24% 124.57 -- 124.57 0.00
Principal Paydown 04/01/2025 3137FBU79 161.98 FHMS K-069 A2 3.187 09/25/2027 4.37% 161.98 -- 161.98 0.00
Principal Paydown 04/15/2025 47789QAC4 324.93 JDOT 2021-B A3 0.52 03/16/2026 0.52% 324.93 -- 324.93 0.01
Principal Paydown 04/15/2025 448977AD0 1,118.56 HART 2022-A A3 2.22 10/15/2026 2.23% 1,118.56 -- 1,118.56 0.00
Principal Paydown 04/15/2025 47787JAC2 282.18 JDOT 2022 A3 2.32 09/15/2026 2.34% 282.18 -- 282.18 (0.00)
Principal Paydown 04/15/2025 47800BAC2 1,199.39 JDOT 2022-C A3 5.09 06/15/2027 3.29% 1,199.39 -- 1,199.39 0.01
Principal Paydown 04/15/2025 47800CAC0 983.49 JDOT 2023 A3 5.01 11/15/2027 3.39% 983.49 -- 983.49 0.00
Principal Paydown 04/15/2025 47800AAC4 736.68 JDOT 2022-B A3 3.74 02/16/2027 3.77% 736.68 -- 736.68 0.00
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 44

Menifee Mayor and City Council
August 20, 2025
Page
84 of 731

CONFIDENTIAL | 26
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Principal Paydown 04/15/2025 43815BAC4 4,117.34 HAROT 2022-1 A3 1.88 05/15/2026 4.10% 4,117.34 -- 4,117.34 0.00
Principal Paydown 04/15/2025 58770AAC7 1,817.95 MBART 2023-1 A3 4.51 11/15/2027 4.56% 1,817.95 -- 1,817.95 (0.00)
Principal Paydown 04/15/2025 89231CAD9 1,283.54 TAOT 2022-C A3 3.76 04/15/2027 4.58% 1,283.54 -- 1,283.54 0.00
Principal Paydown 04/15/2025 89238JAC9 2,667.80 TAOT 2021-D A3 0.71 04/15/2026 5.38% 2,667.80 -- 2,667.80 0.00
Principal Paydown 04/16/2025 362554AC1 358.29 GMCAR 2021-4 A3 0.68 09/16/2026 0.68% 358.29 -- 358.29 0.00
Principal Paydown 04/16/2025 380146AC4 415.98 GMCAR 2022-1 A3 1.26 11/16/2026 1.24% 415.98 -- 415.98 0.00
Principal Paydown 04/21/2025 43815GAC3 337.57 HAROT 2021-4 A3 0.88 01/21/2026 0.42% 337.57 -- 337.57 (0.00)
Principal Paydown 04/25/2025 05602RAD3 594.07 BMWOT 2022-A A3 3.21 08/25/2026 3.63% 594.07 -- 594.07 0.00
Total Principal
Paydown 60,882.00 60,882.00 -- 60,882.00 0.05

TOTAL OTHER
TRANSACTIONS 5,979.12 469,599.59 0.00 469,599.59 0.05
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 45

Menifee Mayor and City Council
August 20, 2025
Page
85 of 731

CONFIDENTIAL | 27
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

CASH & EQUIVALENTS
60934N104 FEDERATED HRMS GV O INST
623,515.22
251,786.49
588,814.71
(217,085.98)
623,515.22

0.00 2,149.14

0.00 2,149.14

0.00 0.00

0.00 2,149.14
2,149.14
CCYUSD Receivable
1,103.56
2,149.14

0.00 0.00
1,103.56

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 Total Cash & Equivalents 624,618.78
253,935.63
588,814.71
(217,085.98)
624,618.78

0.00 2,149.14

0.00 2,149.14

0.00 0.00

0.00 2,149.14 2,149.14

FIXED INCOME
023135BX3 AMAZON.COM INC 1.0
05/12/2026
05/10/2021
05/12/2021
60,000.00
59,942.37

0.00 0.00
59,946.63
231.67

0.00 281.67

50.00 4.26

0.00 4.26

54.26 54.26
02665WED9 AMERICAN HONDA FINANCE
CORP 4.7 01/12/2028
01/24/2023
01/26/2023
130,000.00
130,579.49

0.00 0.00
130,562.38
1,340.81

0.00 1,849.97
509.17

0.00 (17.11)
(17.11)
492.06
492.06
02665WFD8 AMERICAN HONDA FINANCE
CORP 4.9 03/12/2027
04/23/2024
04/25/2024
600,000.00
596,878.97

0.00 0.00
597,010.85
1,551.67

0.00 4,001.67
2,450.00
131.87

0.00 131.87
2,581.87
2,581.87
02665WFE6 AMERICAN HONDA FINANCE
CORP 4.9 03/13/2029
05/31/2024
05/31/2024
850,000.00
844,730.96

0.00 0.00
844,840.58
2,082.50

0.00 5,553.33
3,470.83
109.62

0.00 109.62
3,580.45
3,580.45
037833BY5 APPLE INC 3.25 02/23/2026
12/15/2022
12/19/2022
100,000.00
99,138.79

0.00 0.00
99,217.56
343.06

0.00 613.89
270.83

78.77 0.00

78.77 349.60
349.60
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 46

Menifee Mayor and City Council
August 20, 2025
Page
86 of 731

CONFIDENTIAL | 28
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
037833DN7 APPLE INC 2.05 09/11/2026
12/02/2021
12/06/2021
25,000.00
25,172.46

0.00 0.00
25,161.36

28.47 0.00

71.18 42.71

0.00 (11.10)
(11.10)

31.61 31.61
05602RAD3 BMWOT 2022-A A3 3.21
08/25/2026
05/10/2022
05/18/2022
2,415.05
3,009.07

0.00 (594.07)
2,415.02

1.61 8.05

1.29 7.73

0.01 0.00

0.01 7.74

7.74 06051GGF0 BANK OF AMERICA CORP

3.824 01/20/2028
01/17/2023
01/20/2023
75,000.00
73,441.21

0.00 0.00
73,512.17
565.63

0.00 804.63
239.00

70.96 0.00

70.96 309.96
309.96
06051GHG7 BANK OF AMERICA CORP

3.97 03/05/2029 1,050,000.00
1,005,943.98

0.00 0.00
1,007,180.35
3,010.58

0.00 6,484.33
3,473.75
1,236.37

0.00 1,236.37
4,710.12
4,710.12
06051GHT9 BANK OF AMERICA CORP

3.559 04/23/2027 675,000.00
664,971.78

0.00 0.00
665,736.39
10,543.54
12,011.63
533.85
2,001.94
764.61

0.00 764.61
2,766.55
2,766.55
06051GJD2 BANK OF AMERICA CORP

1.319 06/19/2026 40,000.00
40,005.76

0.00 0.00
40,003.57
149.49

0.00 193.45

43.97 0.00
(2.19)
(2.19)

41.78 41.78
06051GLE7 BANK OF AMERICA CORP

5.08 01/20/2027
01/17/2023
01/20/2023
30,000.00
30,000.00

0.00 0.00
30,000.00
300.57

0.00 427.57
127.00

0.00 0.00

0.00 127.00
127.00
06368FAC3 BANK OF MONTREAL 1.25
09/15/2026
09/13/2021
09/15/2021
40,000.00
39,985.90

0.00 0.00
39,986.69

22.22 0.00

63.89 41.67

0.80 0.00

0.80 42.46

42.46 06406RBN6 BANK OF NEW YORK MELLON
CORP 4.543 02/01/2029
06/07/2024
06/10/2024
900,000.00
885,842.37

0.00 0.00
886,252.34
6,814.50

0.00 10,221.75
3,407.25
409.97

0.00 409.97
3,817.22
3,817.22
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 47

Menifee Mayor and City Council
August 20, 2025
Page
87 of 731

CONFIDENTIAL | 29
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
06406RBQ9 BANK OF NEW YORK MELLON
CORP 4.947 04/26/2027
04/23/2024
04/25/2024
700,000.00
696,967.50

0.00 0.00
697,200.77
14,909.71
17,314.50
480.96
2,885.75
233.27

0.00 233.27
3,119.02
3,119.02
084664CZ2

BERKSHIRE HATHAWAY
FINANCE CORP 2.3
03/15/2027
03/07/2022
03/15/2022
45,000.00
44,997.30

0.00 0.00
44,997.42

46.00 0.00
132.25

86.25 0.11

0.00 0.11

86.36 86.36
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029
06/04/2024
06/11/2024
570,000.00
569,928.21

0.00 0.00
569,929.72
492.10
2,460.50
492.10
2,460.50

1.51 0.00

1.51 2,462.01
2,462.01
14913R3B1

CATERPILLAR FINANCIAL
SERVICES CORP 4.8
01/06/2026
01/05/2023
01/09/2023
80,000.00
79,997.26

0.00 0.00
79,997.56
906.67

0.00 1,226.67
320.00

0.29 0.00

0.29 320.29
320.29
14913UAJ9

CATERPILLAR FINANCIAL
SERVICES CORP 4.85
02/27/2029 1,300,000.00
1,292,327.58

0.00 0.00
1,292,488.77
5,954.72

0.00 11,208.89
5,254.17
161.19

0.00 161.19
5,415.35
5,415.35
17275RBQ4 CISCO SYSTEMS INC 4.8
02/26/2027
04/30/2024
04/30/2024
700,000.00
696,421.53

0.00 0.00
696,575.78
3,266.67

0.00 6,066.67
2,800.00
154.24

0.00 154.24
2,954.24
2,954.24
22160KAM7 COSTCO WHOLESALE CORP

3.0 05/18/2027
07/15/2022
07/19/2022
20,000.00
19,795.53

0.00 0.00
19,803.43
221.67

0.00 271.67

50.00 7.89

0.00 7.89

57.89 57.89
24422EWJ4 JOHN DEERE CAPITAL CORP

4.05 09/08/2025
12/12/2022
12/14/2022
70,000.00
69,882.62

0.00 0.00
69,904.63
181.13

0.00 417.38
236.25

22.01 0.00

22.01 258.26
258.26
24422EXH7 JOHN DEERE CAPITAL CORP

4.5 01/16/2029 1,550,000.00
1,517,382.99

0.00 0.00
1,518,088.99
14,531.25

0.00 20,343.75
5,812.50
706.00

0.00 706.00
6,518.50
6,518.50
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 48

Menifee Mayor and City Council
August 20, 2025
Page
88 of 731

CONFIDENTIAL | 30
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
26442CAS3 DUKE ENERGY CAROLINAS
LLC 2.95 12/01/2026
01/13/2022
01/18/2022
35,000.00
35,539.17

0.00 0.00
35,507.95
344.17

0.00 430.21

86.04 0.00
(31.23)
(31.23)

54.82 54.82
3130AMM33 FEDERAL HOME LOAN BANKS

0.875 06/16/2026
05/27/2021
05/27/2021
3,500,000.00
5,000,000.00

0.00 (1,500,000.00)
3,500,000.00
12,760.42
4,703.13
11,484.38
3,427.09

0.00 0.00

0.00 3,427.09
3,427.09
3130AMT28 FEDERAL HOME LOAN BANKS

1.0 06/30/2026
06/07/2021
06/07/2021
5,000,000.00
5,000,000.00

0.00 0.00
5,000,000.00
12,638.89

0.00 16,805.56
4,166.67

0.00 0.00

0.00 4,166.67
4,166.67
3130AMWZ1 FEDERAL HOME LOAN BANKS

1.05 06/30/2026
06/17/2021
06/17/2021
5,000,000.00
5,000,000.00

0.00 0.00
5,000,000.00
13,270.83

0.00 17,645.83
4,375.00

0.00 0.00

0.00 4,375.00
4,375.00
3130ATS57 FEDERAL HOME LOAN BANKS

4.5 03/10/2028
03/23/2023
03/24/2023
190,000.00
193,652.37

0.00 0.00
193,550.35
498.75

0.00 1,211.25
712.50

0.00 (102.02)
(102.02)
610.48
610.48
3130ATUS4 FEDERAL HOME LOAN BANKS

4.25 12/10/2027
01/30/2023
01/31/2023
200,000.00
202,368.29

0.00 0.00
202,296.01
2,620.83

0.00 3,329.17
708.33

0.00 (72.28)
(72.28)
636.06
636.06
3130AVBD3 FEDERAL HOME LOAN BANKS

4.5 03/09/2029
04/29/2024
04/30/2024
700,000.00
694,751.38

0.00 0.00
694,860.88
1,925.00

0.00 4,550.00
2,625.00
109.50

0.00 109.50
2,734.50
2,734.50
3130AWTR1 FEDERAL HOME LOAN BANKS

4.375 09/08/2028
09/12/2023
09/14/2023
225,000.00
224,213.71

0.00 0.00
224,232.49
628.91

0.00 1,449.22
820.31

18.78 0.00

18.78 839.09
839.09
3133EML67

FEDERAL FARM CREDIT
BANKS FUNDING CORP 0.8
06/22/2026
06/17/2021
06/17/2021
2,500,000.00
2,497,252.05

0.00 0.00
2,497,436.48
5,500.00

0.00 7,166.67
1,666.67
184.43

0.00 184.43
1,851.09
1,851.09
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 49

Menifee Mayor and City Council
August 20, 2025
Page
89 of 731

CONFIDENTIAL | 31
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3133EN7J3

FEDERAL FARM CREDIT
BANKS FUNDING CORP 3.875
02/02/2026
01/27/2023
02/02/2023

0.00 209,776.47

0.00 (209,793.95)

0.00 1,333.65
1,876.15

0.00 542.50

17.47 0.00

17.47 559.98
559.98
3133EP6K6

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
03/26/2027
04/24/2024
04/25/2024
700,000.00
695,717.18

0.00 0.00
695,894.65
437.50

0.00 3,062.50
2,625.00
177.46

0.00 177.46
2,802.46
2,802.46
3133EPGW9

FEDERAL FARM CREDIT
BANKS FUNDING CORP 3.875
04/25/2028
04/24/2023
04/25/2023
150,000.00
150,461.61

0.00 0.00
150,449.24
2,518.75
2,906.25

96.88 484.38

0.00 (12.36)
(12.36)
472.01
472.01
3133EPN50

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.25
12/15/2028
12/18/2023
12/19/2023
270,000.00
272,227.97

0.00 0.00
272,178.61
3,378.75

0.00 4,335.00
956.25

0.00 (49.36)
(49.36)
906.89
906.89
3133EPSK2

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.25
08/07/2028
08/17/2023
08/18/2023
75,000.00
74,393.39

0.00 0.00
74,408.26
478.13

0.00 743.75
265.63

14.87 0.00

14.87 280.49
280.49
3133EPWK7

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
09/22/2028
09/27/2023
09/28/2023
95,000.00
94,243.37

0.00 0.00
94,261.24
106.88

0.00 463.13
356.25

17.87 0.00

17.87 374.12
374.12
3133ERAK7

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
04/10/2029
04/22/2024
04/23/2024
700,000.00
691,094.86

0.00 0.00
691,276.60
14,546.88
15,312.50
1,786.46
2,552.08
181.74

0.00 181.74
2,733.82
2,733.82
3133ERDH1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.75
04/30/2029
05/08/2024
05/09/2024
700,000.00
705,028.44

0.00 0.00
704,927.20
13,946.53
16,625.00

92.36 2,770.83

0.00 (101.24)
(101.24)
2,669.59
2,669.59
3137BKRJ1 FHMS K-047 A2 3.329
05/25/2025
03/10/2022
03/14/2022
3,383.05
26,017.03

0.00 (22,615.03)
3,383.05

72.12 72.12

9.39 9.38

0.00 (18.96)
(18.96)
(9.58)
(9.58)
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 50

Menifee Mayor and City Council
August 20, 2025
Page
90 of 731

CONFIDENTIAL | 32
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3137BLAC2 FHMS K-048 A2 3.284
06/25/2025 24,931.21
46,087.09

0.00 (21,017.34)
24,969.41
125.75
125.75

68.23 68.23

0.00 (100.34)
(100.34)
(32.11)
(32.11)
3137BLW95 FHMS K-050 A2 3.334
08/25/2025
11/16/2021
11/19/2021
23,081.56
23,777.48

0.00 (542.92)
23,194.28

65.64 65.64

64.13 64.13

0.00 (40.28)
(40.28)

23.86 23.86
3137BN6G4 FHMS K-053 A2 2.995
12/25/2025
01/25/2023
01/30/2023
118,856.82
118,160.92

0.00 (164.27)
118,103.46
297.06
297.06
296.65
296.65
106.80

0.00 106.80
403.45
403.45
3137BNGT5 FHMS K-054 A2 2.745
01/25/2026
12/13/2022
12/16/2022
65,778.09
65,204.27

0.00 (124.57)
65,157.07
150.75
150.75
150.47
150.47

77.36 0.00

77.36 227.83
227.83
3137BQYS0 FHMS K-056 A2 2.525
05/25/2026 119,981.88
118,521.68

0.00 (18.12)
118,616.04
252.50
252.50
252.46
252.46
137.32
(24.84)
112.48
364.95
364.95
3137BSP72 FHMS K-058 A2 2.653
08/25/2026
01/31/2023
02/03/2023
125,000.00
122,691.08

0.00 0.00
122,833.31
276.35
276.35
276.35
276.35
142.23

0.00 142.23
418.58
418.58
3137BUX60CMO FHMS K-062 A2 3.413
12/25/2026
12/12/2022
12/15/2022
70,000.00
69,039.07

0.00 0.00
69,086.40
199.09
199.09
199.09
199.09

47.34 0.00

47.34 246.43
246.43
3137BVZ82 FHMS K-063 A2 3.43
01/25/2027
12/12/2022
12/15/2022
70,000.00
69,008.11

0.00 0.00
69,054.60
200.08
200.08
200.08
200.08

46.50 0.00

46.50 246.58
246.58
3137FBU79 FHMS K-069 A2 3.187
09/25/2027
12/15/2023
12/20/2023
98,473.05
96,018.58

0.00 (161.98)
95,949.65
261.96
261.96
261.53
261.53

93.04 0.00

93.04 354.57
354.57
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 51

Menifee Mayor and City Council
August 20, 2025
Page
91 of 731

CONFIDENTIAL | 33
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3137FCJK1 FHMS K-070 A2 3.303
11/25/2027
11/21/2022
11/25/2022
30,000.00
29,248.65

0.00 0.00
29,272.52

82.58 82.58

82.58 82.58

23.88 0.00

23.88 106.46
106.46
3137FJEH8 FHMS K-081 A2 3.9
08/25/2028
05/28/2024
05/31/2024
1,500,000.00
1,449,391.62

0.00 0.00
1,450,638.13
4,875.00
4,875.00
4,875.00
4,875.00
1,246.51

0.00 1,246.51
6,121.51
6,121.51
3137FLMV3 FHMS K-090 A2 3.422
02/25/2029
05/30/2024
06/04/2024
1,500,000.00
1,421,951.75

0.00 0.00
1,423,621.82
4,277.50
4,277.50
4,277.50
4,277.50
1,670.08

0.00 1,670.08
5,947.58
5,947.58
3137FMCR1 FHMS K-093 A2 2.982
05/25/2029
09/19/2024
09/24/2024
1,000,000.00
968,729.49

0.00 0.00
969,358.67
2,485.00
2,485.00
2,485.00
2,485.00
629.19

0.00 629.19
3,114.19
3,114.19
3137FQXJ7 FHMS K-737 A2 2.525
10/25/2026
02/08/2023
02/13/2023
125,000.00
121,981.17

0.00 0.00
122,146.43
263.02
263.02
263.02
263.02
165.26

0.00 165.26
428.28
428.28
3137H4BY5 FHMS K-746 A2 2.031
09/25/2028
10/26/2023
10/31/2023
135,000.00
121,756.13

0.00 0.00
122,074.24
228.49
228.49
228.49
228.49
318.11

0.00 318.11
546.60
546.60
3137HA4B9 FHMS K-751 A2 4.412
03/25/2030
03/27/2025
03/31/2025
589,000.00
588,425.12

0.00 0.00
588,434.73
2,165.56
2,165.56
2,165.56
2,165.56

9.61 0.00

9.61 2,175.17
2,175.17
34535VAD6 FORDO 2024-D A3 4.61
08/15/2029
11/19/2024
11/22/2024
775,000.00
774,976.99

0.00 0.00
774,977.42
1,587.89
2,977.29
1,587.89
2,977.29

0.43 0.00

0.43 2,977.72
2,977.72
362554AC1 GMCAR 2021-4 A3 0.68
09/16/2026
10/13/2021
10/21/2021
672.91
1,031.20

0.00 (358.29)
672.91

0.29 0.58

0.19 0.48

0.00 0.00

0.00 0.48

0.48 Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 52

Menifee Mayor and City Council
August 20, 2025
Page
92 of 731

CONFIDENTIAL | 34
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
380146AC4 GMCAR 2022-1 A3 1.26
11/16/2026
01/11/2022
01/19/2022
1,052.94
1,468.89

0.00 (415.98)
1,052.92

0.77 1.54

0.55 1.32

0.01 0.00

0.01 1.33

1.33 437076CW0 HOME DEPOT INC 4.9
04/15/2029
04/19/2024
04/23/2024
750,000.00
744,097.57

0.00 0.00
744,217.62
16,945.83
18,375.00
1,633.33
3,062.50
120.05

0.00 120.05
3,182.55
3,182.55
437930AC4 HAROT 2024-2 A3 5.27
11/20/2028
05/14/2024
05/21/2024
210,000.00
209,979.37

0.00 0.00
209,979.84
399.64
922.25
399.64
922.25

0.47 0.00

0.47 922.72
922.72
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029
08/09/2024
08/21/2024
800,000.00
799,891.07

0.00 0.00
799,893.33
1,015.56
3,046.67
1,015.56
3,046.67

2.25 0.00

2.25 3,048.92
3,048.92
43815BAC4 HAROT 2022-1 A3 1.88
05/15/2026 13,329.70
17,220.93

0.00 (4,117.34)
13,169.62

14.58 27.33

11.14 23.89

66.03 0.00

66.03 89.92

89.92 43815GAC3 HAROT 2021-4 A3 0.88
01/21/2026
11/16/2021
11/24/2021
174.18
511.74

0.00 (337.57)
174.18

0.13 0.38

0.04 0.30

0.01 0.00

0.01 0.31

0.31 438516BL9 HONEYWELL INTERNATIONAL
INC 2.5 11/01/2026
12/13/2022
12/15/2022
140,000.00
136,384.05

0.00 0.00
136,571.40
1,458.33

0.00 1,750.00
291.67
187.36

0.00 187.36
479.02
479.02
448977AD0 HART 2022-A A3 2.22
10/15/2026
03/09/2022
03/16/2022
3,666.77
4,785.28

0.00 (1,118.56)
3,666.73

4.72 8.85

3.62 7.75

0.01 0.00

0.01 7.76

7.76 44935CAD3 HART 2025-A A3 4.32
10/15/2029
03/04/2025
03/12/2025
805,000.00
804,882.68

0.00 0.00
804,884.80
1,835.40
3,187.80
1,545.60
2,898.00

2.12 0.00

2.12 2,900.12
2,900.12
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 53

Menifee Mayor and City Council
August 20, 2025
Page
93 of 731

CONFIDENTIAL | 35
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
4581X0DC9

INTER-AMERICAN
DEVELOPMENT BANK 3.125
09/18/2028
11/27/2023
11/29/2023
120,000.00
114,738.63

0.00 0.00
114,863.31
135.42

0.00 447.92
312.50
124.68

0.00 124.68
437.18
437.18
4581X0DV7

INTER-AMERICAN
DEVELOPMENT BANK 0.875
04/20/2026
04/13/2021
04/20/2021
75,000.00
74,927.76

0.00 0.00
74,933.41
293.49
328.13

20.05 54.69

5.64 0.00

5.64 60.34

60.34 4581X0EN4

INTER-AMERICAN
DEVELOPMENT BANK 4.125
02/15/2029 1,385,000.00
1,382,043.65

0.00 0.00
1,382,106.28
7,300.10

0.00 12,061.04
4,760.94

62.63 0.00

62.63 4,823.57
4,823.57
459058JL8

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 0.5 10/28/2025 75,000.00
74,959.69

0.00 0.00
74,965.44
159.38
187.50

3.13 31.25

5.76 0.00

5.76 37.01

37.01 459058KL6

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.625 09/21/2029
09/26/2024
09/27/2024
1,350,000.00
1,350,763.58

0.00 0.00
1,350,749.56
1,359.38

0.00 5,437.50
4,078.13

0.00 (14.02)
(14.02)
4,064.11
4,064.11
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
06/07/2024
06/10/2024
1,300,000.00
1,259,067.40

0.00 0.00
1,260,092.42
9,984.72

0.00 13,776.39
3,791.67
1,025.02

0.00 1,025.02
4,816.69
4,816.69
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
10/08/2024
10/16/2024
2,345,000.00
2,339,439.31

0.00 0.00
2,339,539.86
41,648.18
45,446.10
3,786.20
7,584.12
100.56

0.00 100.56
7,684.68
7,684.68
45950KDD9 INTERNATIONAL FINANCE
CORP 4.5 07/13/2028
07/06/2023
07/13/2023
100,000.00
99,927.15

0.00 0.00
99,928.98
975.00

0.00 1,350.00
375.00

1.82 0.00

1.82 376.82
376.82
46625HRY8 JPMORGAN CHASE & CO

3.782 02/01/2028
01/30/2023
02/01/2023
70,000.00
68,328.39

0.00 0.00
68,376.79
441.23

0.00 661.85
220.62

48.41 0.00

48.41 269.02
269.02
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 54

Menifee Mayor and City Council
August 20, 2025
Page
94 of 731

CONFIDENTIAL | 36
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
46647PAM8 JPMORGAN CHASE & CO

3.509 01/23/2029 1,250,000.00
1,188,399.41

0.00 0.00
1,190,198.84
8,285.14

0.00 11,940.35
3,655.21
1,799.43

0.00 1,799.43
5,454.64
5,454.64
46647PBA3 JPMORGAN CHASE & CO 3.96
01/29/2027
04/17/2024
04/19/2024
400,000.00
394,538.54

0.00 0.00
395,079.28
2,728.00

0.00 4,048.00
1,320.00
540.74

0.00 540.74
1,860.74
1,860.74
46647PBK1 JPMORGAN CHASE & CO

2.083 04/22/2026
05/20/2021
05/24/2021

0.00 12,006.58

0.00 (12,000.00)

0.00 110.40
124.98

0.00 14.58

0.00 (6.58)
(6.58)

8.00 8.00
47787JAC2 JDOT 2022 A3 2.32
09/15/2026
03/10/2022
03/16/2022
1,639.73
1,921.81

0.00 (282.18)
1,639.65

1.98 3.72

1.69 3.43

0.02 0.00

0.02 3.45

3.45 47789QAC4 JDOT 2021-B A3 0.52
03/16/2026
07/13/2021
07/21/2021

0.00 324.91

0.00 (324.92)

0.00 0.08

0.14 0.00

0.06 0.00

0.00 0.00

0.07 0.07
47800AAC4 JDOT 2022-B A3 3.74
02/16/2027
07/12/2022
07/20/2022
5,998.68
6,735.14

0.00 (736.68)
5,998.50

11.20 20.99

9.97 19.77

0.03 0.00

0.03 19.80

19.80 47800BAC2 JDOT 2022-C A3 5.09
06/15/2027
10/12/2022
10/19/2022
13,839.67
15,038.55

0.00 (1,199.39)
13,839.23

34.02 63.79

31.31 61.08

0.06 0.00

0.06 61.13

61.13 47800CAC0 JDOT 2023 A3 5.01
11/15/2027
02/22/2023
03/02/2023
16,346.15
17,327.88

0.00 (983.49)
16,344.54

38.59 72.35

36.40 70.16

0.15 0.00

0.15 70.31

70.31 47800DAD6 JDOT 2025 A3 4.23
09/17/2029
03/04/2025
03/11/2025
635,000.00
634,960.57

0.00 0.00
634,961.29
1,718.03
2,536.83
1,193.80
2,012.60

0.73 0.00

0.73 2,013.33
2,013.33
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 55

Menifee Mayor and City Council
August 20, 2025
Page
95 of 731

CONFIDENTIAL | 37
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
571748CA8

MARSH & MCLENNAN
COMPANIES INC 4.65
03/15/2030
04/24/2025
04/25/2025
1,500,000.00

0.00 1,502,070.00

0.00 1,502,062.93

0.00 (7,750.00)
8,912.50
1,162.50

0.00 (7.07)
(7.07)
1,155.43
1,155.43
58770AAC7 MBART 2023-1 A3 4.51
11/15/2027
01/18/2023
01/25/2023
20,940.87
22,757.37

0.00 (1,817.95)
20,939.58

45.62 85.54

41.97 81.90

0.16 0.00

0.16 82.05

82.05 58933YBH7 MERCK & CO INC 4.05
05/17/2028 05/17/2023
130,000.00
130,244.09

0.00 0.00
130,237.50
1,959.75

0.00 2,398.50
438.75

0.40 (7.00)
(6.60)
432.15
432.15
594918BJ2 MICROSOFT CORP 3.125
11/03/2025
01/11/2023
01/13/2023
125,000.00
124,132.31

0.00 0.00
124,252.82
1,605.90

0.00 1,931.42
325.52
120.51

0.00 120.51
446.03
446.03
6174468Q5 MORGAN STANLEY 2.188
04/28/2026 0.00
34,944.43

0.00 (35,000.00)

0.00 325.47
382.90

0.00 57.44

55.57 0.00

55.57 113.01
113.01
61747YEZ4 MORGAN STANLEY 5.05
01/28/2027 750,000.00
747,275.86

0.00 0.00
747,546.47
6,628.13

0.00 9,784.38
3,156.25
275.25
(4.64)
270.61
3,426.86
3,426.86
61747YFD2 MORGAN STANLEY 5.164
04/20/2029
05/31/2024
05/31/2024
800,000.00
795,697.04

0.00 0.00
795,812.82
18,475.64
20,656.00
1,262.31
3,442.67
115.77

0.00 115.77
3,558.44
3,558.44
637432NS0

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

3.7 03/15/2029
06/07/2024
06/10/2024
1,600,000.00
1,523,367.53

0.00 0.00
1,524,959.61
2,631.11

0.00 7,564.44
4,933.33
1,592.09

0.00 1,592.09
6,525.42
6,525.42
63743HFE7

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

3.45 06/15/2025
04/27/2022
05/04/2022
10,000.00
9,999.87

0.00 0.00
9,999.92
101.58

0.00 130.33

28.75 0.05

0.00 0.05

28.80 28.80
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 56

Menifee Mayor and City Council
August 20, 2025
Page
96 of 731

CONFIDENTIAL | 38
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
63743HFH0

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

4.45 03/13/2026
02/02/2023
02/09/2023
70,000.00
69,985.03

0.00 0.00
69,986.32
155.75

0.00 415.33
259.58

1.30 0.00

1.30 260.88
260.88
665859AW4 NORTHERN TRUST CORP 4.0
05/10/2027
05/05/2022
05/10/2022
15,000.00
14,991.42

0.00 0.00
14,991.76
235.00

0.00 285.00

50.00 0.33

0.00 0.33

50.33 50.33
693475BL8

PNC FINANCIAL SERVICES
GROUP INC 4.758
01/26/2027
01/24/2023
01/26/2023
135,000.00
134,985.93

0.00 0.00
134,987.33
1,159.76

0.00 1,695.04
535.28

1.41 0.00

1.41 536.68
536.68
69371RS31 PACCAR FINANCIAL CORP 4.6
01/10/2028
01/05/2023
01/10/2023
100,000.00
99,730.67

0.00 0.00
99,738.64
1,035.00

0.00 1,418.33
383.33

7.97 0.00

7.97 391.30
391.30
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 1,500,000.00
1,474,450.20

0.00 0.00
1,474,997.31
11,691.67

0.00 17,441.67
5,750.00
547.10

0.00 547.10
6,297.10
6,297.10
713448CT3 PEPSICO INC 2.75 04/30/2025
12/15/2022
12/19/2022

0.00 129,831.64

0.00 (130,000.00)

0.00 1,499.51
1,787.50

0.00 287.99
168.36

0.00 168.36
456.35
456.35
74340XCG4 PROLOGIS LP 4.875
06/15/2028 1,600,000.00
1,582,235.38

0.00 0.00
1,582,690.49
22,966.67

0.00 29,466.67
6,500.00
455.11

0.00 455.11
6,955.11
6,955.11
74456QBR6

PUBLIC SERVICE ELECTRIC
AND GAS CO 2.25
09/15/2026
07/29/2024
07/30/2024
850,000.00
820,644.83

0.00 0.00
822,300.20
850.00

0.00 2,443.75
1,593.75
1,655.37

0.00 1,655.37
3,249.12
3,249.12
74456QBX3

PUBLIC SERVICE ELECTRIC
AND GAS CO 3.65
09/01/2028
04/25/2024
04/29/2024
800,000.00
762,539.45

0.00 0.00
763,439.22
2,433.33

0.00 4,866.67
2,433.33
899.77

0.00 899.77
3,333.11
3,333.11
Item Title: 10.3
Treasurer's Report - June 2025
Item Page Number: 57

Menifee Mayor and City Council
August 20, 2025
Page
97 of 731

CONFIDENTIAL | 39
City of Menifee | Account #10112 | As of April 30, 2025 Execution Time: 05/02/2025 11:06:10 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
756109BG8 REALTY INCOME CORP 3.95
08/15/2027
12/13/2022
12/15/2022
100,000.00
98,524.65

0.00 0.00
98,575.76
504.72

0.00 833.89
329.17

51.11 0.00

51.11 380.28
380.28
756109CF9 REALTY INCOME CORP 4.75
02/15/2029 1,450,000.00
1,418,213.88

0.00 0.00
1,418,887.31
8,800.69

0.00 14,540.28
5,739.58
673.43

0.00 673.43
6,413.02
6,413.02
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028
01/09/2023
01/12/2023
80,000.00
79,977.03

0.00 0.00
79,977.70
860.22

0.00 1,186.89
326.67

0.68 0.00

0.68 327.35
327.35
78016HZV5 ROYAL BANK OF CANADA

4.95 02/01/2029 1,550,000.00
1,534,023.17

0.00 0.00
1,534,365.04
12,787.50

0.00 19,181.25
6,393.75
341.87

0.00 341.87
6,735.62
6,735.62
808513AU9 CHARLES SCHWAB CORP 3.2
01/25/2028
01/30/2023
01/31/2023
85,000.00
82,615.86