Cities Index.
Agenda packet, first session

Modesto City Council
May 2, 2023

Document
Agenda packet, first session
Meeting
May 2, 2023
Body
Modesto City Council
Pages
11
Original file
72.0 MB
Text extracted from the city's file for reading and search. Open the original on agenda2.modestogov.com. That file is the official record.

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 15
PO
NUMBER
814952 ALPHA ANALYTICAL

LABORATORIES
3023969-
CVR_MODDW
3024033-
CVR_MODDW
3025150-
CVR_MODDW
3023970-
CVR_MODDW
3024673-
CVR_MODDW
3025233-
CVR_MODDW
3025156-
CVR_MODDW
3025234-
CVR_MODDW
3025179-
CVR_MODDW
3025237-
CVR_MODDW
3025239-
CVR_MODDW
3025238-
CVR_MODDW
3025235-
CVR_MODDW
3025241-
CVR_MODDW
3025240-
CVR_MODDW
3025405-
CVR_MODDW
3025242-
CVR_MODDW
3032447-
CVR_MODDW
3032374-
CVR_MODDW
3025435-
CVR_MODDW
3032676-
CVR_MODDW
16-FEB-23
16-FEB-23
25-FEB-23
16-FEB-23
21-FEB-23
27-FEB-23
25-FEB-23
27-FEB-23
26-FEB-23
27-FEB-23
27-FEB-23
27-FEB-23
27-FEB-23
27-FEB-23
27-FEB-23
28-FEB-23
27-FEB-23
02-MAR-23
02-MAR-23
28-FEB-23
03-MAR-23

52.50 282.45
1,463.70

52.50 401.10
105.00

8.40 126.00

95.55 42.00

21.00 21.00

94.50 21.00

31.50 963.90

63.00 42.00

37.80 42.00
170.10
243562
243560
243558
243561
243559
243555
243557
243554
243556
243552
243550
243551
243553
243548
243549
243546
243547
243543
243544
243545
243540
Attachment 5, Vendor ePayables
#9..
- 291 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 16
PO
NUMBER
814952 ALPHA ANALYTICAL

LABORATORIES
3032862-
CVR_MODDW
3032466-
CVR_MODDW
3032816-
CVR_MODDW
3032815-
CVR_MODDW
3032546-
CVR_MODDW
3032861-
CVR_MODDW
3032903-
CVR_MODDW
3032849-
CVR_MODDW
3032863-
CVR_MODDW
3024145-
CVR_MODDW
3032904-
CVR_MODDW
3024267-
CVR_MODDW
3024147-
CVR_MODDW
3024266-
CVR_MODDW
3024268-
CVR_MODDW
3024405-
CVR_MODDW
3024269-
CVR_MODDW
3024271-
CVR_MODDW
3024270-
CVR_MODDW
3024272-
CVR_MODDW
3024404-
CVR_MODDW
06-MAR-23
02-MAR-23
05-MAR-23
05-MAR-23
03-MAR-23
06-MAR-23
06-MAR-23
06-MAR-23
06-MAR-23
17-FEB-23
06-MAR-23
17-FEB-23
17-FEB-23
17-FEB-23
17-FEB-23
20-FEB-23
17-FEB-23
17-FEB-23
17-FEB-23
17-FEB-23
20-FEB-23

42.00 25.20

44.10 60.90

10.50 25.20

96.60 155.40

8.40 58.80
292.95

10.50 75.60

10.50 42.00
179.55

73.50 10.50

84.00 21.00
292.95
243537
243542
243535
243536
243541
243538
243532
243539
243534
243214
243533
243211
243213
243212
243209
243210
243208
243206
243207
243205
243200
Attachment 5, Vendor ePayables
#9..
- 292 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 17
PO
NUMBER
814952
814953
814954
814955

ALPHA ANALYTICAL

LABORATORIES

AMERICAN LUMBER
CO

AMERICAN

REFRIGERATION

ARAMARK UNIFORM

SERVICE
229
348
142
267
822640
30431068
5040106854
5040106833
5040106856
5040106301
5040106826
5040104376
5040039252
5040101939
5040106809
5040101943
5040104349
5040104354
5040106811
5040104380
5040094515
5040107470
5040107958
5040107969
5040107998
5040108002
5040107972
5040108000
5040108004
5040108003
27-FEB-23
02-MAR-23
23-FEB-23
28-FEB-23
13-FEB-23
02-MAR-23
28-FEB-23
28-FEB-23
28-FEB-23
27-FEB-23
28-FEB-23
21-FEB-23
23-AUG-22
24-FEB-23
28-FEB-23
14-FEB-23
21-FEB-23
21-FEB-23
28-FEB-23
21-FEB-23
24-JAN-23
01-MAR-23
02-MAR-23
02-MAR-23
02-MAR-23
02-MAR-23
02-MAR-23
02-MAR-23
02-MAR-23
02-MAR-23

37.61 31.10
979.88
647.95

36.95 146.53

83.88 76.87

34.75 51.95

85.00 85.00
159.16

26.76 26.76
167.90

26.76 170.54
170.54

74.89 112.77

23.50 22.25

21.00 21.50

21.00 21.00

25.25 31.75

21.00 TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
7,650.30
1,733.49
146.53
243519
243614
243387
243388
243614
243674
243244
243517
243245
243247
243217
243216
243185
243182
243187
243183
243181
243184
243186
243124
242916
243351
243349
243350
243347
243345
243348
243346
243344
243343
Attachment 5, Vendor ePayables
#9..
- 293 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 18
PO
NUMBER
814955
814956
814957
814958
814959
814960
814961

ARAMARK UNIFORM

SERVICE

AT&T MOBILITY

B I C SECURITY

SYSTEMS

BARNES WELDING
SUPPLY

BATTERY SYSTEMS

CENTRAL SANITARY

SUPPLY LLC
(BRADYIFS)

CHOICE LIGHTING

SUPPLY CORP
5040107997
5040107980
5040107996
5040103866
5040033843
5040106299
5040101306
5040106859
287274763432X02
222023
201838
201417
202167
201852
91607496
8042661
8042648
8038953
28842302170855
7879880
8042644
7888019
7899515
7827438
344030
343572
02-MAR-23
02-MAR-23
02-MAR-23
20-FEB-23
08-AUG-22
27-FEB-23
13-FEB-23
28-FEB-23
04-MAR-23
01-MAR-23
01-MAR-23
01-MAR-23
01-MAR-23
28-FEB-23
25-OCT-22
25-OCT-22
24-OCT-22
17-FEB-23
24-AUG-22
25-OCT-22
03-MAR-23
08-MAR-23
03-FEB-23
28-FEB-23
07-FEB-23

23.50 31.00

30.25 76.56

26.22 76.56

28.82 8.70
10,251.54

46.00 86.30

36.00 91.67
288.23
675.84
312.93
142.87
2,310.29
1,556.33
1,004.43

13.46 -301.63
301.63
141.75
221.04
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
1,863.39
10,251.54
259.97
288.23
6,002.69

13.46 243342
243341
243340
243508
243307
243507
243304
243246
N/A
243502
227758
229952
243509
243505
243134
243134
243134
243137
243134
243134
242924
240617
240617
243308
243668
Attachment 5, Vendor ePayables
#9..
- 294 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 19
PO
NUMBER
814961
814962
814963
814964
814965
814966
814967
814968
814969
814970

CHOICE LIGHTING

SUPPLY CORP

CITY SIGNS INC

CONSOLIDATED

ELECTRIC DST INC
DITTOS

FIRST CHOICE

INDUSTRIAL SUPPLY

COMPANY

GREEN RUBBER

KENNEDY AG LLP

HERITAGE FORD INC

HUGHSON FARM
SUPPLY

L N CURTIS & SONS

MO-CAL OFFICE

SOLUTIONS
344128
344113
52771
4797-1019132
192916
193465
193851
194118
193770
92066
92102
M-490392
M-490604
M-491283
M-491393
5228053
6307383-1
H435908
678231
AR922305
AR912380
03-MAR-23
02-MAR-23
01-MAR-23
15-FEB-23
30-JAN-23
23-FEB-23
27-FEB-23
09-MAR-23
23-FEB-23
27-FEB-23
07-MAR-23
02-FEB-23
08-FEB-23
27-FEB-23
28-FEB-23
20-FEB-23
02-FEB-23
20-OCT-22
21-FEB-23
17-FEB-23
31-JAN-23
588.03

94.50 1,377.50

53.83 53.93
336.35

53.93 107.85

48.54 898.06
348.44
187.72
461.21
154.55
214.58
413.89
155.00
463.83
698.04
182.80
1,713.62
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
1,045.32
1,377.50

53.83 600.60
1,246.50
1,018.06
568.89
463.83
698.04
243308
243308
236325
243204
243000
243510
243598
243598
243218
243495
243071
243028
243620
243618
243376
242968
243233
243359
243339
231487
231487
Attachment 5, Vendor ePayables
#9..
- 295 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 20
PO
NUMBER
814970
814971
814972
814973

MO-CAL OFFICE

SOLUTIONS

VERIZON

VWR INTERNATIONAL

ALPHA ANALYTICAL

LABORATORIES
9928818565
8808572583
3023801-
CVR_MODWW
3024540-
CVR_MODWW
3023759-
CVR_MODWW
3023888-
CVR_MODWW
3023619-
CVR_MODWW
3033522-
CVR_MODDW
3033521-
CVR_MODDW
3033523-
CVR_MODDW
3033524-
CVR_MODDW
3033525-
CVR_MODDW
3033866-
CVR_MODDW
3033526-
CVR_MODDW
3033527-
CVR_MODDW
3033795-
CVR_MODDW
3022147-
CVR_MODDW
3033489-
CVR_MODDW
3032940-
CVR_MODDW
28-FEB-23
20-MAY-22
15-FEB-23
21-FEB-23
15-FEB-23
16-FEB-23
15-FEB-23
08-MAR-23
08-MAR-23
08-MAR-23
08-MAR-23
08-MAR-23
10-MAR-23
08-MAR-23
08-MAR-23
10-MAR-23
03-FEB-23
08-MAR-23
06-MAR-23
14,263.07
238.12
255.40

22.05 510.80
319.20

22.05 42.00

73.50 42.00

31.50 73.50

18.90 157.50

31.50 42.00

17.85 37.80

18.90 TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
1,896.42
14,263.07
238.12
N/A
240174
243405
243406
243400
243391
243399
244134
244135
244133
244132
244130
244131
244129
244128
244127
241639
244137
243824
Attachment 5, Vendor ePayables
#9..
- 296 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 21
PO
NUMBER
814973 ALPHA ANALYTICAL

LABORATORIES
3032981-
CVR_MODDW
3033520-
CVR_MODDW
3032982-
CVR_MODDW
3032986-
CVR_MODDW
3032985-
CVR_MODDW
3032983-
CVR_MODDW
3033241-
CVR_MODDW
3032984-
CVR_MODDW
3033242-
CVR_MODDW
3033244-
CVR_MODDW
3033250-
CVR_MODDW
3033370-
CVR_MODDW
3033307-
CVR_MODDW
3033309-
CVR_MODDW
3033253-
CVR_MODDW
3033243-
CVR_MODDW
3033052-
CVR_MODDW
3033371-
CVR_MODDW
3033049-
CVR_MODDW
3033048-
CVR_MODDW
3033136-
CVR_MODDW
06-MAR-23
08-MAR-23
06-MAR-23
06-MAR-23
06-MAR-23
06-MAR-23
07-MAR-23
06-MAR-23
07-MAR-23
07-MAR-23
07-MAR-23
08-MAR-23
07-MAR-23
07-MAR-23
07-MAR-23
07-MAR-23
07-MAR-23
08-MAR-23
07-MAR-23
07-MAR-23
07-MAR-23
481.95

10.50 160.65

37.80 255.15
432.60
136.50
792.75

84.00 63.00

33.60 8.40

69.30 161.70

8.40 21.00

21.00 8.40

10.50 10.50

18.90 243823
244136
243820
243821
243822
243819
243814
243818
243813
243811
243810
243806
243808
243807
243809
243812
243798
243804
243800
243801
243794
Attachment 5, Vendor ePayables
#9..
- 297 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 22
PO
NUMBER
814973
814974
814975

ALPHA ANALYTICAL

LABORATORIES

AMERICAN LUMBER
CO

ANIXTER
3033051-
CVR_MODDW
3033162-
CVR_MODDW
3033050-
CVR_MODDW
3033240-
CVR_MODDW
3033310-
CVR_MODDW
3032308-
CVR_MODDW
3035538-
CVR_MODWW
3023226-
CVR_MODWW
3032307-
CVR_MODDW
3023227-
CVR_MODWW
3023225-
CVR_MODWW
3032314-
CVR_MODDW
3024687-
CVR_MODWW
3024605-
CVR_MODWW
3023800-
CVR_MODWW
3023778-
CVR_MODWW
579
548
22K475356
22K478208
22K473884
07-MAR-23
07-MAR-23
07-MAR-23
07-MAR-23
07-MAR-23
01-MAR-23
28-FEB-23
13-FEB-23
01-MAR-23
13-FEB-23
13-FEB-23
01-MAR-23
21-FEB-23
21-FEB-23
15-FEB-23
15-FEB-23
10-MAR-23
09-MAR-23
27-DEC-22
24-JAN-23
12-DEC-22

21.00 92.40

31.50 136.50
202.65
128.10

21.00 3,505.85

92.40 3,509.00
3,505.85
292.95

22.05 196.30
766.20
255.40
412.69

90.63 21.28
-17.85

25.99 TOTAL FOR CHECK:

TOTAL FOR CHECK:
17,322.20
503.32
243802
243797
243799
243790
243796
243792
243410
243442
243793
243443
243441
243791
243408
243407
243404
243402
243612
243713
243675
243676
243676
Attachment 5, Vendor ePayables
#9..
- 298 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 23
PO
NUMBER
814975
814976

ANIXTER

ARAMARK UNIFORM

SERVICE
22K478209
5040087841
5040090884
5040075497
5040077882
5040085445
5040105554
5040098305
5040095837
5040093353
5040095810
5040087802
5040099460
5040108709
5040106799
5040106801
5040106806
5040104347
5040106804
5040077879
5040080319
5040082944
5040075493
5040110504
5040090881
5040085444
5040087839
5040110499
5040110506
5040110522
5040105553
5040085408
5040075437
24-JAN-23
05-JAN-23
12-JAN-23
01-DEC-22
08-DEC-22
29-DEC-22
23-FEB-23
02-FEB-23
26-JAN-23
19-JAN-23
26-JAN-23
05-JAN-23
07-FEB-23
06-MAR-23
28-FEB-23
28-FEB-23
28-FEB-23
21-FEB-23
28-FEB-23
08-DEC-22
15-DEC-22
22-DEC-22
01-DEC-22
09-MAR-23
12-JAN-23
29-DEC-22
05-JAN-23
09-MAR-23
09-MAR-23
09-MAR-23
23-FEB-23
29-DEC-22
01-DEC-22
-13.14

25.25 25.25

25.25 25.25

25.25 25.25

25.25 25.25

25.25 31.00

31.00 387.86

28.82 28.28

46.43 125.32
125.32

67.14 21.50

21.50 21.50

21.50 21.00

21.50 21.50

21.50 22.25

21.00 34.75

21.50 21.00

21.00 TOTAL FOR CHECK: 16.28
243675
243975
243972
243974
243973
243976
243934
243969
243970
243971
243869
243866
243734
243712
243401
243394
243438
243318
243393
243931
243930
243929
243932
243925
243926
243928
243927
243924
243922
243923
243918
243913
243917
Attachment 5, Vendor ePayables
#9..
- 299 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 24
PO
NUMBER
814976 ARAMARK UNIFORM

SERVICE
5040077804
5040095835
5040090844
5040093352
5040098304
5040082911
5040080255
5040087792
5040093261
5040095799
5040093355
5040075499
5040080325
5040098259
5040105539
5040085446
5040082948
5040077885
5040087842
5040090885
5040095838
5040072921
5040098306
5040109903
5040105555
5040072915
5040072848
5040109236
5040109895
5040072911
5040110524
5040072910
5040110519
5040110521
08-DEC-22
26-JAN-23
12-JAN-23
19-JAN-23
02-FEB-23
22-DEC-22
15-DEC-22
05-JAN-23
19-JAN-23
26-JAN-23
19-JAN-23
01-DEC-22
15-DEC-22
02-FEB-23
23-FEB-23
29-DEC-22
22-DEC-22
08-DEC-22
05-JAN-23
12-JAN-23
26-JAN-23
24-NOV-22
02-FEB-23
08-MAR-23
23-FEB-23
24-NOV-22
24-NOV-22
07-MAR-23
08-MAR-23
24-NOV-22
09-MAR-23
24-NOV-22
09-MAR-23
09-MAR-23

21.00 21.50

21.00 21.50

21.50 21.00

21.00 21.00

21.00 21.00

34.75 34.75

34.75 21.00

21.00 34.75

34.75 34.75

34.75 34.75

34.75 31.75

34.75 23.50

34.75 21.00

21.00 40.65

23.50 25.25

21.00 21.50

23.50 25.25
243916
243920
243911
243921
243919
243914
243915
243912
243910
243909
243900
243906
243904
243908
243907
243902
243903
243905
243901
243899
243898
243883
243897
243893
243896
243882
243879
243892
243894
243881
243877
243880
243876
243873
Attachment 5, Vendor ePayables
#9..
- 300 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 25
PO
NUMBER
814976 ARAMARK UNIFORM

SERVICE
5040090857
5040110523
5040110525
5040072913
5040110520
5040110518
5040110510
5040093273
5040106867
5040101995
5040106287
5040103854
5040104417
5040109075
5040109121
5040106814
5040104357
5040108725
5040111713
5040085439
5040087835
5040082940
5040080312
5040077874
5040072903
5040075487
5040107475
5040108001
5040085419
5040082919
5040075453
5040080271
5040077827
5040072856
12-JAN-23
09-MAR-23
09-MAR-23
24-NOV-22
09-MAR-23
09-MAR-23
09-MAR-23
19-JAN-23
28-FEB-23
14-FEB-23
27-FEB-23
20-FEB-23
21-FEB-23
07-MAR-23
07-MAR-23
28-FEB-23
21-FEB-23
06-MAR-23
14-MAR-23
29-DEC-22
05-JAN-23
22-DEC-22
15-DEC-22
08-DEC-22
24-NOV-22
01-DEC-22
01-MAR-23
02-MAR-23
29-DEC-22
22-DEC-22
01-DEC-22
15-DEC-22
08-DEC-22
24-NOV-22

31.00 21.00

31.75 34.75

21.50 30.25

31.00 31.00
362.69
361.97

28.82 28.82

15.70 25.21

18.13 25.21

25.21 51.95

40.65 30.25

30.25 30.25

30.25 30.25

30.25 30.25

23.50 34.75

31.00 31.00

31.00 31.00

31.00 31.00
243867
243874
243875
243878
243870
243872
243871
243868
243736
243735
243628
243627
243482
244074
244168
244073
244072
243698
244059
243947
243948
243946
243945
243944
243942
243943
243940
243939
243865
243864
243861
243863
243862
243860
Attachment 5, Vendor ePayables
#9..
- 301 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 26
PO
NUMBER
814976 ARAMARK UNIFORM

SERVICE
5040105551
5040098300
5040095829
5040093349
5040090878
5040108192
5040082953
5040087847
5040098308
5040090889
5040093357
5040095842
5040105557
5040077893
5040075507
5040090891
5040087849
5040105558
5040098309
5040080334
5040093358
5040095843
5040085453
5040082950
5040077888
5040095840
5040087845
5040080328
5040085448
5040090887
5040075500
5040093356
5040032998
5040098275
23-FEB-23
02-FEB-23
26-JAN-23
19-JAN-23
12-JAN-23
03-MAR-23
22-DEC-22
05-JAN-23
02-FEB-23
12-JAN-23
19-JAN-23
26-JAN-23
23-FEB-23
08-DEC-22
01-DEC-22
12-JAN-23
05-JAN-23
23-FEB-23
02-FEB-23
15-DEC-22
19-JAN-23
26-JAN-23
29-DEC-22
22-DEC-22
08-DEC-22
26-JAN-23
05-JAN-23
15-DEC-22
29-DEC-22
12-JAN-23
01-DEC-22
19-JAN-23
04-AUG-22
02-FEB-23

30.25 30.25

30.25 30.25

30.25 55.82

31.75 21.00

21.00 21.00

21.00 21.00

21.00 31.75

31.75 31.75

31.75 31.75

31.75 31.75

31.75 31.75

31.75 21.00

21.00 21.00

21.00 21.00

21.00 21.00

21.00 21.00

23.50 31.00
243859
243858
243857
243856
243855
243601
244019
244028
244024
244027
244026
244025
244023
244021
244022
244016
244017
244012
244013
244020
244015
244014
244018
244008
244010
244007
244005
244009
244006
244004
244011
244003
244000
244002
Attachment 5, Vendor ePayables
#9..
- 302 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 27
PO
NUMBER
814976
814977

ARAMARK UNIFORM

SERVICE

ARC DOCUMENT

SOLUTIONS LLC
5040105543
5040072906
5040080316
5040075491
5040077877
5040085441
5040082943
5040087836
5040093350
5040095833
5040090880
5040063152
5040075504
5040098302
5040079476
5040081741
5040084343
5040072918
5040077890
5040105556
5040105552
5040080332
5040085451
5040082951
5040098307
5040082947
5040080321
2663979
12029884
12017071
1206649
23-FEB-23
24-NOV-22
15-DEC-22
01-DEC-22
08-DEC-22
29-DEC-22
22-DEC-22
05-JAN-23
19-JAN-23
26-JAN-23
12-JAN-23
27-OCT-22
01-DEC-22
02-FEB-23
13-DEC-22
20-DEC-22
27-DEC-22
24-NOV-22
08-DEC-22
23-FEB-23
23-FEB-23
15-DEC-22
29-DEC-22
22-DEC-22
02-FEB-23
22-DEC-22
15-DEC-22
27-JAN-23
09-MAR-23
28-FEB-23
06-MAR-23

31.00 23.50

23.50 23.50

23.50 23.50

23.50 23.50

23.50 23.50

23.50 21.00

21.00 23.50
165.65
170.21
142.21

21.00 21.00

21.00 23.50

21.00 21.00

21.00 21.00

25.25 25.25
774.81
177.30
1,942.56
881.34
TOTAL FOR CHECK:

TOTAL FOR CHECK:
5,954.07
3,776.01
244001
243999
243996
243998
243997
243994
243995
243993
243991
243990
243992
243987
243985
243989
243019
243019
243019
243986
243984
243979
243988
243983
243981
243982
243980
243977
243978
244034
244120
244034
244034
Attachment 5, Vendor ePayables
#9..
- 303 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 28
PO
NUMBER
814978
814979
814980
814981
814982
814983
814984

B I C SECURITY

SYSTEMS

BARNES WELDING
SUPPLY

BRANNON TIRE CORP

BSK ANALYTICAL

LABORATORIES

CENTRAL SANITARY

SUPPLY LLC
(BRADYIFS)

CHOICE LIGHTING

SUPPLY CORP
DITTOS
198600
63143030
20361276
101695R
101694R
7907294
7907296
7907644
7894763
7883190
7884345
7910742
7887475
7857992
7815224
7854946
7896414
7851016
7887476
343939
343963
344241
344014
344084
193761
01-DEC-22
06-MAR-23
23-FEB-23
28-FEB-23
28-FEB-23
13-MAR-23
13-MAR-23
13-MAR-23
07-MAR-23
01-MAR-23
02-MAR-23
14-MAR-23
03-MAR-23
17-FEB-23
30-JAN-23
16-FEB-23
07-MAR-23
14-FEB-23
03-MAR-23
23-FEB-23
24-FEB-23
08-MAR-23
27-FEB-23
01-MAR-23
27-FEB-23
661.30
407.49
940.41
3,059.87
1,877.84
474.57
127.30
237.28

21.52 905.07

90.48 13.46

82.19 236.79

17.01 79.61
-39.80
353.68
740.24
3,212.95

77.35 429.67
447.47

97.03 53.93
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
661.30
407.49
940.41
4,937.71
3,339.40
4,264.47
227758
244286
244174
238714
240965
243053
243424
243576
242924
243891
243890
242924
243968
243771
243696
244154
244154
244094
243967
243841
243840
244177
243839
243826
243488
Attachment 5, Vendor ePayables
#9..
- 304 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 29
PO
NUMBER
814984
814985
814986
814987
814988
814989
DITTOS

FIRST CHOICE

INDUSTRIAL SUPPLY

COMPANY

GOLDEN STATE

EMERGENCY VEHICLE

SERVICE

GREEN RUBBER

KENNEDY AG LLP

HARTLEY AND

ASSOCIATES

HUGHSON FARM
SUPPLY
193455
193850
194117
194110
92157
90540
90339-01
92307
CI037808
CI037877
CI037915
CI038002
CI038000
M-490883
M-490599
M-490596
M-491086
M-491720
M-490956
M-489235
1784A243
1776A243
S111491-01
H443151
H448551
H447369
H448769
23-FEB-23
02-MAR-23
10-MAR-23
07-MAR-23
13-MAR-23
15-DEC-22
13-DEC-22
13-MAR-23
06-FEB-23
08-FEB-23
10-FEB-23
16-FEB-23
16-FEB-23
15-FEB-23
08-FEB-23
08-FEB-23
21-FEB-23
09-MAR-23
16-FEB-23
05-JAN-23
16-FEB-23
16-FEB-23
15-DEC-22
06-JAN-23
28-FEB-23
16-FEB-23
02-MAR-23
1,303.52
449.47
488.03
121.36
285.87
346.28
174.22
316.07
146.54
753.09
1,371.68
191.13
199.85

77.36 770.77
285.07
337.56
406.58
141.28
1,181.42
288.34
949.36

54.81 83.60

42.61 191.35
172.59
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
2,416.31
1,122.44
2,662.29
3,200.04
1,237.70
244096
243633
244087
244067
242926
238048
237531
243611
243727
243727
243726
243727
243727
243732
243795
243730
244200
244122
243592
243731
243705
243704
243933
243935
243754
243753
244187
Attachment 5, Vendor ePayables
#9..
- 305 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 30
PO
NUMBER
814989
814990
814991
814992
814993

HUGHSON FARM
SUPPLY

INTERSTATE TRUCK
CENTER

KELLY-MOORE PAINT

COMPANY INC

KRAZAN &

ASSOCIATES INC

L N CURTIS & SONS
S111631
H446509
H448219
H447016
2P424334
2P431299
2P422384
2P424333
2P429646
2P429380
2P429851
2P426259
2P427384.02
2P428278
2P428153
2P428072
2P428699
2P407230
2P416240
304-00000855805
304-00000857249
304-00000855991
304-00000855688
304-00000855721
761172-17543
761216-17543
682126
02-MAR-23
08-FEB-23
23-FEB-23
13-FEB-23
25-JAN-23
03-MAR-23
13-JAN-23
25-JAN-23
22-FEB-23
22-FEB-23
23-FEB-23
03-FEB-23
10-FEB-23
14-FEB-23
14-FEB-23
14-FEB-23
16-FEB-23
23-NOV-22
06-DEC-22
22-FEB-23
10-MAR-23
24-FEB-23
21-FEB-23
21-FEB-23
28-FEB-23
28-FEB-23
02-MAR-23
207.83

37.50 388.08

51.61 -459.12

24.28 -445.30
-201.52

95.17 303.13
126.79
682.62
797.36
125.15
125.15
573.45
767.34
3,847.20
-65.20
298.26

71.52 70.97

79.61 19.41
1,335.00
855.00
1,132.69
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
1,229.98
6,296.50
539.77
2,190.00
1,132.69
244191
244190
244189
243752
241888
244183
239545
239038
243531
243531
243630
243729
243729
243729
243729
243729
243729
243728
240337
243769
243714
243770
243580
243579
244267
244272
244186
Attachment 5, Vendor ePayables
#9..
- 306 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 31
PO
NUMBER
814994
814995
814996
814997
814998
814999

MCCOY TRUCK TIRE

SERVICE CTR

MID CAL MOVING &

STORAGE CO

MO-CAL OFFICE

SOLUTIONS

MODESTO STEEL

PACE SUPPLY

CORPORATION

PACIFIC STORAGE

COMPANY
10135313
12201
AR922224
395917
395562
397281
58429994
58424666
58437524
58422149
58412848
58320273-3
CM058398500.

CM058398500
58402272
58402272-1
2131187
2130553
5144015
2130542
5144011
5147827
2131178
5147825
2131177
2131194
2131189
25-JAN-23
01-MAR-23
17-FEB-23
21-FEB-23
03-FEB-23
22-FEB-23
08-MAR-23
10-MAR-23
10-MAR-23
07-MAR-23
03-MAR-23
28-FEB-23
22-FEB-23
22-FEB-23
27-FEB-23
01-MAR-23
28-FEB-23
31-JAN-23
31-JAN-23
31-JAN-23
31-JAN-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
1,393.42

60.00 85.61
500.27
163.86

91.74 341.11

45.70 400.48
1,177.30
318.80

21.58 906.15
-1,925.57
865.05

97.86 8.96

25.62 52.00

19.12 29.96

72.00 18.67

29.96 95.35

81.25 25.01
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
1,393.42

60.00 85.61
755.87
2,248.46
243138
243282
243529
243146
243586
243582
243273
243037
243311
242873
242824
240186
233486
233486
242324
242324
243455
242710
243088
242932
242850
243708
243590
243588
243513
244167
244029
Attachment 5, Vendor ePayables
#9..
- 307 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 32
PO
NUMBER
814999
815000
815001
815002

PACIFIC STORAGE

COMPANY

SAFE-T-LITE OF

MODESTO INC

SITEONE LANDSCAPE
SUPPLY

VWR INTERNATIONAL
5147901
5147902
5147663
2131180
2131186
2131185
2131183
2131182
2131188
5147826
5147821
5147822
5147823
2130543
2131190
5147824
2131184
2131173
2131172
2130554
2131181
2130541
388660
389011
389088
389373
389446
127280712-001
8812071185
8808772236
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
31-JAN-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
31-JAN-23
28-FEB-23
31-JAN-23
30-JAN-23
15-FEB-23
21-FEB-23
07-MAR-23
10-MAR-23
02-MAR-23
12-FEB-23
13-JUN-22

36.00 36.00
230.72

1.49 46.67

44.80 44.43
189.47
332.57

54.00 526.00
204.00
108.00

27.53 74.82

72.00 8.59
116.10
214.68

77.78 51.89

97.95 149.39
313.12
2,359.15
398.13
863.41
473.83

45.35 299.16
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
3,053.39
4,083.20
473.83
243886
243885
243838
243635
243605
243389
243577
243428
243458
243578
243496
243496
243496
242849
243461
243379
243203
243192
243079
242998
243056
243089
242855
242929
240357
243241
243589
243515
243225
242646
Attachment 5, Vendor ePayables
#9..
- 308 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 33
PO
NUMBER
815002
815003
815004
815005
815006
815007

VWR INTERNATIONAL

WARDEN'S

WESTURF NURSERY

ABC BUS COMPANIES

AIRGAS NCN

ALPHA ANALYTICAL

LABORATORIES
62583
881783
881655
883080
887962
883714
887963
3458130
9135724290
3034868-
CVR_MODDW
3034558-
CVR_MODDW
3034636-
CVR_MODDW
3034990-
CVR_MODDW
3035073-
CVR_MODDW
3034786-
CVR_MODDW
3035034-
CVR_MODDW
3034991-
CVR_MODDW
3035044-
CVR_MODDW
3034992-
CVR_MODDW
3035047-
CVR_MODDW
28-FEB-23
15-DEC-22
13-DEC-22
04-JAN-23
17-MAR-23
18-JAN-23
23-FEB-23
20-FEB-23
07-MAR-23
17-MAR-23
15-MAR-23
16-MAR-23
17-MAR-23
20-MAR-23
16-MAR-23
20-MAR-23
17-MAR-23
20-MAR-23
17-MAR-23
20-MAR-23
1,293.35

31.07 2,556.61
224.45
250.18
128.61
217.51
2,427.19
1,125.90

56.70 25.20

47.25 21.00

22.05 95.55
292.95

31.50 1,056.30

63.00 2,112.60
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
344.51
1,293.35
3,408.43
2,427.19
1,125.90
240752
242368
242368
243521
243179
243521
243180
244146
244452
244561
244560
244558
244556
244550
244557
244554
244555
244553
244552
244551
Attachment 5, Vendor ePayables
#9..
- 309 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 34
PO
NUMBER
815007 ALPHA ANALYTICAL

LABORATORIES
3035074-
CVR_MODDW
3035075-
CVR_MODDW
3035076-
CVR_MODDW
3035107-
CVR_MODDW
3035146-
CVR_MODDW
3035144-
CVR_MODDW
3035145-
CVR_MODDW
3035147-
CVR_MODDW
3035148-
CVR_MODDW
3035149-
CVR_MODDW
3035168-
CVR_MODDW
3035169-
CVR_MODDW
3035170-
CVR_MODDW
3034110-
CVR_MODDW
3032901-
CVR_MODDW
3034229-
CVR_MODDW
3034331-
CVR_MODDW
3034390-
CVR_MODDW
3034397-
CVR_MODDW
3025177-
CVR_MODWW
3023780-
CVR_MODWW
20-MAR-23
20-MAR-23
20-MAR-23
20-MAR-23
21-MAR-23
21-MAR-23
21-MAR-23
21-MAR-23
21-MAR-23
21-MAR-23
21-MAR-23
21-MAR-23
21-MAR-23
14-MAR-23
06-MAR-23
14-MAR-23
15-MAR-23
15-MAR-23
15-MAR-23
26-FEB-23
15-FEB-23
1,056.30

50.40 8.40
298.20

84.00 42.00

84.00 10.50

10.50 21.00
157.50
105.00

63.00 198.45
118.65

92.40 53.55
292.95

25.20 279.30
510.80
244549
244548
244547
244546
244545
244544
244542
244543
244541
244540
244539
244538
244537
244215
244214
244213
244212
244211
244210
243409
243403
Attachment 5, Vendor ePayables
#9..
- 310 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 35
PO
NUMBER
815007
815008
815009
815010
815011
815012

ALPHA ANALYTICAL

LABORATORIES

AMERICAN CHILLER
CO

AMERICAN LUMBER
CO

AMERICAN

REFRIGERATION

ANIXTER

ARAMARK UNIFORM

SERVICE
3034607-
CVR_MODDW
67999
67819
67818
822251
458
822708
822843
30436655
30434917
22K460345
22K464906
22K483434
22K476729
22K478210
22K482544
22K460643
22K464726
22K483476
22K468781
22K480473
5040099430
5040109051
5040104393
5040106843
5040109135
16-MAR-23
23-FEB-23
27-JAN-23
17-JAN-23
31-JAN-23
07-MAR-23
14-FEB-23
16-FEB-23
09-MAR-23
07-MAR-23
12-AUG-22
21-SEP-22
10-MAR-23
11-JAN-23
24-JAN-23
03-MAR-23
16-AUG-22
20-SEP-22
07-MAR-23
25-OCT-22
14-FEB-23
07-FEB-23
07-MAR-23
21-FEB-23
28-FEB-23
07-MAR-23

25.20 1,789.00
7,248.00
6,184.00
340.26

14.89 4,604.69

69.91 1,617.20
280.08
907.60
-879.28
-28.28

27.93 -17.76
1,089.77
879.32
-879.28
1,898.30
993.51
418.15
130.33

12.87 130.33
130.33

34.75 TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
7,411.40
15,221.00
5,029.75
1,897.28
4,409.98
244559
244090
244088
244089
244151
244245
244245
244269
244630
244378
244343
244343
244343
244342
244342
244635
244655
244655
244641
244654
244660
243250
244617
243250
243250
244149
Attachment 5, Vendor ePayables
#9..
- 311 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 36
PO
NUMBER
815012 ARAMARK UNIFORM

SERVICE
5040111589
5040112224
5040112740
5040105534
5040112724
5040112231
5040112741
5040112748
5040112747
5040112745
5040112743
5040112717
5040112742
5040112706
5040112744
5040104425
5040112715
5040109069
5040109067
5040110736
5040108723
5040111162
5040111607
5040111609
5040111606
5040109091
5040109056
5040109065
5040109060
5040108719
5040109054
5040109139
5040109130
5040111603
14-MAR-23
15-MAR-23
16-MAR-23
23-FEB-23
16-MAR-23
15-MAR-23
16-MAR-23
16-MAR-23
16-MAR-23
16-MAR-23
16-MAR-23
16-MAR-23
16-MAR-23
16-MAR-23
16-MAR-23
21-FEB-23
16-MAR-23
07-MAR-23
07-MAR-23
10-MAR-23
06-MAR-23
13-MAR-23
14-MAR-23
14-MAR-23
14-MAR-23
07-MAR-23
07-MAR-23
07-MAR-23
07-MAR-23
06-MAR-23
07-MAR-23
07-MAR-23
07-MAR-23
14-MAR-23
115.71

23.50 30.25

25.45 31.00

23.50 23.50

31.75 21.00

21.00 25.25

21.00 21.50

22.25 34.75
372.69

21.00 170.54

26.76 55.82

76.56 51.95

34.75 8.70

83.88 76.87

46.43 129.94

67.14 101.43

28.28 8.70

83.88 9.24
244582
244470
244464
244468
244463
244469
244462
244460
244461
244459
244458
244456
244457
244454
244455
244436
244453
244427
244426
244385
244382
244407
244404
244403
244402
244323
244296
244285
244295
244222
244195
244152
244150
244645
Attachment 5, Vendor ePayables
#9..
- 312 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 37
PO
NUMBER
815012
815013
815014
815015
815016
815017
815018

ARAMARK UNIFORM

SERVICE

BRANNON TIRE CORP

CENTRAL SANITARY

SUPPLY LLC
(BRADYIFS)

CITY SIGNS INC

CLARK PEST

CONTROL
DITTOS

DOUBLE TREE BY

HILTON MODESTO
5040111602
5040109118
5040109116
5040101969
20360881
7901329
7901331
7911666
7919975
7885383
7914018
7904784
52855
116
114
115
193249
193920
194238
194134
194318
79005
79023
79030
14-MAR-23
07-MAR-23
07-MAR-23
14-FEB-23
16-FEB-23
09-MAR-23
09-MAR-23
14-MAR-23
17-FEB-23
02-MAR-23
15-MAR-23
10-MAR-23
14-MAR-23
01-FEB-23
01-FEB-23
01-FEB-23
01-MAR-23
01-MAR-23
13-MAR-23
15-MAR-23
15-MAR-23
13-JAN-23
31-JAN-23
02-FEB-23

37.19 9.24

37.19 186.33
866.46

8.03 568.72
512.55
141.07
2,525.00
-523.98

5.46 115.00

80.00 545.00
1,100.00
312.95

56.76 248.46
100.43
158.58
147.40
894.93
147.40
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
2,634.53
866.46
3,236.85
115.00
1,725.00
877.18
1,189.73
244644
244632
244633
243250
244667
244451
244450
244409
243576
242924
242924
244358
244534
244449
244627
244629
244317
244159
244315
244519
244564
N/A
N/A
N/A
Attachment 5, Vendor ePayables
#9..
- 313 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 38
PO
NUMBER
815019
815020
815021
815022
815023
815024
815025
815026
815027

ENVIROGEN

TECHNOLOGIES INC

FIRST CHOICE

INDUSTRIAL SUPPLY

COMPANY

FLORY INDUSTRIES
INC

GILTON RESOURCES

GREEN RUBBER

KENNEDY AG LLP

HARTLEY AND

ASSOCIATES

HERC RENTALS

HUGHSON FARM
SUPPLY

INTERSTATE TRUCK
CENTER
13941
92307-01
92421
92442
459037
459310
231224
M-488672
M-488856
M-491706
M-491854
M-489992
M-490671
M-490134
1779A244
33488549-001
H450184
H440522
H440791
H448493
2P430674
2P431981
31-JAN-23
17-MAR-23
17-MAR-23
17-MAR-23
10-MAR-23
15-MAR-23
28-FEB-23
15-DEC-22
21-DEC-22
08-MAR-23
13-MAR-23
24-JAN-23
09-FEB-23
27-JAN-23
16-MAR-23
01-MAR-23
16-MAR-23
06-DEC-22
08-DEC-22
27-FEB-23
28-FEB-23
07-MAR-23
6,035.68
340.89
115.43
226.97
322.99
1,234.03
5,141.76
644.76

53.45 216.00
396.02

65.41 296.21
128.19

10.29 1,412.90
158.33
1,557.43

38.00 19.40
214.12
257.70
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
6,035.68
683.29
1,557.02
5,141.76
1,800.04

10.29 1,412.90
1,773.16
244262
243611
244164
243847
244390
244216
244601
244796
244796
244381
244488
244796
244796
244796
244688
244681
244388
244428
244429
244430
244069
244235
Attachment 5, Vendor ePayables
#9..
- 314 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 39
PO
NUMBER
815027
815028
815029
815030
815031
815032

INTERSTATE TRUCK
CENTER

KELLY-MOORE PAINT

COMPANY INC

MCCOY TRUCK TIRE

SERVICE CTR

MO-CAL OFFICE

SOLUTIONS

MODESTO STEEL

PACIFIC STORAGE

COMPANY
2P431550
2P429309
2P428700
2P428736
2P430526
2P430697
2P430658
2P430639
2P431031
2P431882
2P430745
2P431595
304-00000856821
304-00000856806
10136732
10136543
10136254
10136320
10136745
10136287
10136507
10136253
930194
397998
398558
2131179
2131191
06-MAR-23
21-FEB-23
21-FEB-23
16-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
28-FEB-23
02-MAR-23
07-MAR-23
03-MAR-23
06-MAR-23
06-MAR-23
06-MAR-23
26-MAR-23
22-FEB-23
17-FEB-23
17-FEB-23
10-MAR-23
17-FEB-23
22-FEB-23
17-FEB-23
06-MAR-23
02-MAR-23
28-MAR-23
21-MAR-23
28-FEB-23
1,529.92
462.87
767.34
756.48

7.63 490.60
801.28
148.91

20.12 127.07
1,426.19

4.73 71.89

42.57 2,845.17
7,397.66
7,204.70
7,397.66
4,306.37
2,153.19
9,273.18
1,396.01
2,261.40
202.85

74.54 26.88
143.47
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
7,014.96
114.46
41,973.94
2,261.40
277.39
244235
244141
244141
244069
244069
244069
244069
244069
244069
244235
244235
244235
244365
244364
244411
244239
244239
244148
244413
244148
244147
244148
244376
243756
244384
244609
244438
Attachment 5, Vendor ePayables
#9..
- 315 -
Bank: Bank of the West Branch: Main Branch BoTW E-Payables (Main
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
03-APR-23 Page: 40
PO
NUMBER
Total: 1031 372,332.86
815032
815033
815034
815035

PACIFIC STORAGE

COMPANY

SAFE-T-LITE OF

MODESTO INC

WARDEN'S

WESTURF NURSERY
389119
389439
62383-0
886455
889238
888379
886620
889232
22-FEB-23
09-MAR-23
20-JAN-23
15-FEB-23
08-MAR-23
28-FEB-23
16-FEB-23
08-MAR-23
148.48

45.78 967.19
106.63
118.72

90.33 102.05

71.98 TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
170.35
194.26
967.19
489.71
243842
244375
244320
244321
244298
244268
244321
244298
Attachment 5, Vendor ePayables
#9..
- 316 -
1/1/1900 Attachment 6 - Vendor Wires - March 2023
1/1/1900 1,000.00
DATE Vendor Amount
3/2/2023 Payroll (PPE 2/27/23) 2,906,975.36
3/2/2023 Optum Bank (PPE 2/27/23) 15,889.99
3/2/2023 Charles Schwab c/o CVRMT (PPE 2/27/23) 34,918.28 3/2/2023 ExpertPay (PPE 2/27/23) 6,883.74
3/3/2023 Payroll (PPE 2/27/23) 50,000.00
3/3/2023 FSA Contribution (PPE 2/27/23) 3,115.19
3/3/2023 MissionSquare ICMA 401 (PPE 2/27/23) 13,130.20 3/3/2023 MissionSquare ICMA 457 (PPE 2/27/23) 234,942.88 3/3/2023 MissionSquare ICMA IRA (PPE 2/27/23) 5,381.20
3/3/2023 MissionSquare ICMA RHS (PPE 2/27/23) 31,912.50 3/3/2023 Federal Payroll Taxes & MediCare (PPE 2/27/23) 509,777.20 3/3/2023 State Payroll Taxes (PPE 2/27/23) 155,268.12
3/3/2023 State Payroll Disability Insurance (PPE 2/27/23) 20,172.27 3/3/2023 CalPers (PPE 2/27/23) 910,003.79
3/16/2023 Payroll (PPE 3/13/23) 3,143,716.79
3/16/2023 Optum Bank (PPE 3/13/23) 15,664.93
3/16/2023 Charles Schwab c/o CVRMT (PPE 3/13/23) 32,800.00 3/16/2023 ExpertPay (PPE 3/13/23) 6,883.74
3/17/2023 Payroll (PPE 3/13/23) 50,000.00
3/17/2023 FSA Contribution (PPE 3/13/23) 3,119.99
3/17/2023 MissionSquare ICMA 401 (PPE 3/13/23) 13,023.20 3/17/2023 MissionSquare ICMA 457 (PPE 3/13/23) 212,049.50 3/17/2023 MissionSquare ICMA IRA (PPE 3/13/23) 5,381.20 3/17/2023 MissionSquare ICMA RHS (PPE 3/13/23) 29,537.50 3/17/2023 Federal Payroll Taxes & MediCare (PPE 3/13/23) 540,240.09 3/17/2023 State Payroll Taxes (PPE 3/13/23) 170,413.56
3/17/2023 State Payroll Disability Insurance (PPE 3/13/23) 21,619.66 3/21/2023 CalPers (PPE 3/13/23) 904,788.72
3/24/2023 Outgoing Wire (Bank of America Ref. GA8-TC-320-12-186) 686,800.00 3/29/2023 Payroll (PPE 3/27/23) 7,723,176.83
3/30/2023 Charles Schwab c/o CVRMT (PPE 3/27/23) 34,972.98 3/30/2023 Optum Bank (PPE 3/27/23) 73,967.22
3/31/2023 Payroll (PPE 3/27/23) 50,000.00
3/31/2023 FSA Contribution (PPE 3/27/23) 3,119.95
3/31/2023 MissionSquare ICMA 401 (PPE 3/27/23) 13,092.52 3/31/2023 MissionSquare ICMA 457 (PPE 3/27/23) 469,211.70 3/31/2023 MissionSquare ICMA IRA (PPE 3/27/23) 5,381.20 3/31/2023 MissionSquare ICMA RHS (PPE 3/27/23) 31,862.50 3/31/2023 Federal Payroll Taxes & MediCare (PPE 3/27/23) 1,547,847.18 3/31/2023 State Payroll Taxes (PPE 3/27/23) 524,024.34
3/31/2023 State Payroll Disability Insurance (PPE 3/27/23) 56,475.05 21,267,541.07
#9..
- 317 -
4/3/23, 2:12 PM comprodapp122.modesto.prv:8000/OA_CGI/FNDWRR.exe?temp_id=3034606537 comprodapp122.modesto.prv:8000/OA_CGI/FNDWRR.exe?temp_id=3034606537 1/3 CoM PRIMARY Report Date: 03-APR-2023 14:11
Void Payment Register Page: 1
Include Zero Amount Payments: No Period From: 01-MAR-23 To: 31-MAR-23 Display Payee Address: Yes Date: Void Date
Bank: Bank of the West Branch: Main Branch Account: BoTW Main Acount AP Checks Bank Account Currency: USD Payment Currency: USD ( US Dollar ) Payment Number Date Payee Name Site Address Payment Amount Void Date --------------- --------- --------------------------- --------------- --------------------------------- ----------------- --------- Payment Document: CoM AP BoTW Check
566031 01-JUL-22 Harris, McKenna OFFICE 0.83 23-MAR-23
566032 01-JUL-22 Inacio, Frank Jr OFFICE 0.02 23-MAR-23 566241 08-JUL-22 Garcia, Adrian OFFICE 0.83 23-MAR-23
566254 08-JUL-22 COM HDL MODESTO 1010 10TH STREET 100.00 23-MAR-23 MODESTO, CA 95354
United States
566258 08-JUL-22 COM HDL MODESTO 1010 10TH STREET 100.00 23-MAR-23 MODESTO, CA 95354
United States
566273 08-JUL-22 CoM PRN MODESTO 1010 10th STREET 67.42 23-MAR-23 MODESTO, CA 95354
United States
566281 08-JUL-22 CoM PRN MODESTO 1010 10th STREET 134.84 23-MAR-23 MODESTO, CA 95354
United States
566330 08-JUL-22 CoM PRN MODESTO 1010 10th STREET 32.42 23-MAR-23 MODESTO, CA 95354
United States
566539 15-JUL-22 Reyna, Robert Andrew OFFICE 0.02 23-MAR-23 566544 15-JUL-22 COM HDL MODESTO 1010 10TH STREET 100.00 23-MAR-23 MODESTO, CA 95354
United States
566564 15-JUL-22 CoM PRN MODESTO 1010 10th STREET 185.42 23-MAR-23 MODESTO, CA 95354
United States
566773 22-JUL-22 Christeson, Richard OFFICE 20.00 23-MAR-23 566780 22-JUL-22 Moore, Jacob OFFICE 184.19 23-MAR-23
566791 22-JUL-22 COM HDL MODESTO 1010 10TH STREET 100.00 23-MAR-23 MODESTO, CA 95354
United States
566795 22-JUL-22 COM HDL MODESTO 1010 10TH STREET 99.99 23-MAR-23 MODESTO, CA 95354
United States
Attachment 7, Voided Checks
#9..
- 318 -
4/3/23, 2:12 PM comprodapp122.modesto.prv:8000/OA_CGI/FNDWRR.exe?temp_id=3034606537 comprodapp122.modesto.prv:8000/OA_CGI/FNDWRR.exe?temp_id=3034606537 2/3 566798 22-JUL-22 COM HDL MODESTO 1010 10TH STREET 100.00 23-MAR-23 MODESTO, CA 95354
United States
566803 22-JUL-22 COM HDL MODESTO 1010 10TH STREET 100.00 23-MAR-23 MODESTO, CA 95354
United States
566806 22-JUL-22 COM HDL MODESTO 1010 10TH STREET 100.00 23-MAR-23 MODESTO, CA 95354
United States
566834 22-JUL-22 CoM PRN MODESTO 1010 10th STREET 45.00 23-MAR-23 MODESTO, CA 95354
United States
566838 22-JUL-22 CoM Rebate Modesto 1010 10th STREET 75.00 23-MAR-23 MODESTO, CA 95354
CoM PRIMARY Report Date: 03-APR-2023 14:11
Void Payment Register Page: 2
Include Zero Amount Payments: No Period From: 01-MAR-23 To: 31-MAR-23 Display Payee Address: Yes Date: Void Date
Bank: Bank of the West Branch: Main Branch Account: BoTW Main Acount AP Checks Bank Account Currency: USD Payment Currency: USD ( US Dollar ) Payment Number Date Payee Name Site Address Payment Amount Void Date --------------- --------- --------------------------- --------------- --------------------------------- ----------------- --------- Payment Document: CoM AP BoTW Check
566838 1010 10th STREET
MODESTO, CA 95354
United States
567088 29-JUL-22 CoM PRN MODESTO 1010 10th STREET 40.00 23-MAR-23 MODESTO, CA 95354
United States
567089 29-JUL-22 CoM PRN MODESTO 1010 10th STREET 90.00 23-MAR-23 MODESTO, CA 95354
United States
572684 09-DEC-22 PRECISION DYNAMICS CORPORAT MAIN 25124 SPRINGFIELD COURT SUITE 200 567.85 16-MAR-23 VALENCIA, CA 91355
United States
574766 03-FEB-23 COM TRAKIT MODESTO 1010 10TH STREET 3,625.00 16-MAR-23 MODESTO, CA 95354
United States
574805 03-FEB-23 CORE AND MAIN MAIN 1830 CRAIG PARK COURT 25,590.59 16-MAR-23 ST LOUIS, MO 63146
United States
575046 10-FEB-23 COM HDL MODESTO 1010 10TH STREET 100.00 16-MAR-23 MODESTO, CA 95354
Attachment 7, Voided Checks
#9..
- 319 -
4/3/23, 2:12 PM comprodapp122.modesto.prv:8000/OA_CGI/FNDWRR.exe?temp_id=3034606537 comprodapp122.modesto.prv:8000/OA_CGI/FNDWRR.exe?temp_id=3034606537 3/3 United States
575966 03-MAR-23 MCCOY PASSENGER TIRE CO MAIN 1226 9TH STREET 828.79 16-MAR-23 MODESTO, CA 95354
United States
576183 10-MAR-23 MODESTO IRRIGATION DIST MAIN P O BOX 5355 6,631.04 16-MAR-23 MODESTO, CA 95352-5355
United States
-----------------
Payment Document Subtotal 39,019.25
-----------------
Bank Account Subtotal 39,019.25
-----------------
Report Count: 28 Report Total 39,019.25
*** End of Report ***
Attachment 7, Voided Checks
#9..
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CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

May 2, 2023
Date: March 27, 2023
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: DeAnna Christensen, Director of Finance
SUBJECT: Monthly Investment Report – February 2023
CONTACT: Calogero Maniscalco, Senior Financial Analyst
[email protected], 209-577-5219
DESCRIPTION:

Consider accepting the Monthly Investment Report for February 2023. (Funding Source:

Various Funds)
STRATEGIC PLAN ELEMENT:

This item supports the City of Modesto 2020-2025 Strategic Plan focus of Governance and Service Delivery under Goal H: Achieve Financial Sustainability.

BACKGROUND:

The City’s Finance Department submits a monthly investment report to Council and the City Manager. Attached are the February investment reports (see attachment list below) generated by Public Financial Management, the City’s investment advisor. Investments in the portfolio (Attachment 4) are for the City of Modesto, Modesto Public Financing Authority, Community Facilities Districts, Tuolumne River Regional Park, Successor Agency to the Redevelopment Agency, and the Modesto-Ceres Fire Protection Agency Joint Powers Authority.

DISCUSSION:

It is the function of the Finance Department to deposit and invest funds in accordance with sound treasury management and to safeguard the principal and maintain the liquidity needs of the City. The purpose of the Monthly Investment Report is to keep the City Council and City Manager informed of the City’s investment portfolio. As shown in Attachment 2, on February 28, 2023 the City had a closing market value of $426,163,842 in its investment portfolio. #10..
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City Council, May 2, 2023
Monthly Investment Report – February 2023

Page 2 of 2 ends

FISCAL IMPACT:

In February, the approximate yield of the City’s combined investments was 2.51% (see attachment 3) on a weighted average. For the portfolio of securities alone, the yield to maturity on cost was 1.94%. For comparative purposes, the yields (as of February 28, 2023) of other investments commonly used by public agencies are listed below:

Local Agency Investment Fund: 2.62%
1-Year U.S. Treasury Note: 5.16%
2-Year U.S. Treasury Note: 4.84%

The Portfolio maintains sufficient liquidity to meet the City's projected expenditure requirements for at least the next six months.

COMMITTEE RECOMMENDATION:

This item has not gone before a committee.

CEQA/NEPA REQUIREMENTS:

N/A
RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Motion accepting the Monthly Investment Report for February 2023.

Approved by:

DeAnna Christensen, Director of Finance
Joseph P. Lopez, City Manager
Attachments:

1. Monthly Investment Report

2. Account Statement

3. Combined Yields

4. Portfolio Holdings and Earnings Projections

5. Cash with Fiscal Agent
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Page 1 ends

PORTFOLIO HOLDINGS
Attachment 1
Percentages may not total to 100% due to rounding.

Investment Type No. of Investments Amount Invested
CAMP 1 47,169,689
Federal Agency 27 53,829,053
Federal Home Loan Bank 2 4,161,871
Federal Home Loan Mortgage Co. 6 9,864,634
Federal Nat’l Mortgage Assc. 18 37,522,529
Federal Farm Credit Bank 1 2,280,020
Federal Agency CMO 1 719,551
U.S. Treasury 61 225,029,264
Commercial Paper 3 30,422,980
Negotiable CD 2 5,199,290
Corporate Note 21 46,777,618
Asset-Backed 10 4,356,719
Municipal 10 7,116,692
Supranational 2 5,542,985
Total Invested 138 426,163,842
Sector Allocation
February 28, 2023 versus January 31, 2023
Sector February 28, 2023 January 31, 2023 Change in Allocation Permitted by Policy
U.S. Treasury 52.8% 50.7% 2.1% 100%
Federal Agency 12.6% 12.6% 0.0% 100%
Federal Agency CMO 0.2% 0.2% 0.0% 100%
Commercial Paper 7.1% 9.4% -2.3% 25%
Negotiable CD 1.2% 1.2% 0.0% 30%
Corporate Note 11.0% 11.0% 0.0% 30%
Asset-Backed 1.0% 1.1% -0.1% 20%
Municipal 1.7% 1.7% 0.0% 100%
Supranational 1.3% 1.3% 0.1% 30%
CAMP 11.1% 10.9% 2.1% 100%
* Total invested includes only the bolded numbers
* * Amount invested are market values excluding accrued interest Additional, detailed information regarding security types and investment activity may be found in Attachment 2 accompanying this memo. Moreover, the addendum data will confirm continued compliance with the investment policy as well as with California Government Code.

RECENT ACTIVITY & CORPORATE EXPOSURE
The FOMC continues its path of rate increases with Federal Reserve Chair Powell recently stating interest rates are “likely to be higher than previously anticipated”. Market expectations for rate increases are now in line with FOMC projections, after inflation came in higher than expected, with the terminal rate expected to reach 5.63% in 2023. We will receive updated FOMC projections at their next meeting on March 22nd. There was no activity in the Long-Term portfolio in February. In the Short-Term Portfolio we purchased a short-maturity Treasury note and a commercial paper security replacing two commercial paper securities that had matured.
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PERFORMANCE
Interest rates rose across the curve during the month, and both the Long-Term Portfolio and its benchmark showed negative performance during the period. Over the past month, we outperformed the benchmark due to support from our defensive duration positioning. Since inception, the portfolio continues to outperform the benchmark.

1. Performance is calculated on trade-date basis, gross (i.e., before fees) in accordance the CFA Institute's Global Investment Performance Standards (GIPS).

2. Performance numbers for periods greater than 1 year are presented on an annualized basis unless otherwise noted.

3. The performance calculation excludes any funds not invested in the 1-5 year strategy.

4. Performance benchmark through December 31, 2018 was the ICE BofAML 1-3 Year U.S. Treasury Index, and is now the ICE BofAML 1-5 Year U.S. Treasury Index, sourced from Bloomberg.

5. Inception date is 3/31/04.

Percentages may not add due to rounding.

Long-Term Portfolio Total Return
February 28, 2023
1 Month Trailing
12 Months
Trailing 36
Months
Trailing 60
Months
Since
Inception5
City of Modesto Investment Portfolio1,2,3-1.02% -3.44% -1.05% 1.07% 1.90% Modesto Performance Benchmark4-1.20% -4.13% -1.50% 0.70% 1.61% Average Portfolio Yields
February 28, 2023
Past
Month
Past 3
Months
Past
Year
Past 3
Years
Past 5
Years
City of Modesto Investment Portfolio 1.94% 1.91% 1.70% 1.55% 1.97% City of Modesto Short-Term Portfolio 4.97% 4.58% 2.66% - - $93.7
$48.2
$71.3
$109.3
$60.8
$42.8
$-
$30.0
$60.0
$90.0
$120.0
$150.0
Under 6
Months
6-12
Months
1-2 Years 2-3 Years 3-4 Years 4-5 Years
Millions
Maturity Distribution
February 28, 2023
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INVESTMENT POLICY
The City’s investment policy embraces the following standards: the prudent investor rule, requiring the safety of principal, through prudent and safe investments; sufficient liquidity to meet expected and unforeseen cash flows; generation of an above-market, risk-adjusted rate of return (meaning, returnsexpectations taking safety and liquidity into account). No investments longer than five years are permitted.

Some investments have maturity limits of 270 days or less. The table below details the City’s permitted investments.

Investment Type
Maximum
Maturity
Maximum Specified
% of Portfolio
Maximum
% per
Issuer
Minimum Quality
Requirements
Local Agency Bonds 5 Years None None None
Treasury Obligations 5 Years None None None
State Obligations 5 Years None None A rating
CA Local Agency Obligations 5 Years None None A rating
Federal Agencies 5 Years None None None
Supranationals 5 Years 30 percent 5 percent AA
Banker’s Acceptances 180 days 40 percent 5 percent Federal Reserve eligible Commercial Paper 270 days 25 percent 5 percent A1/P1 rating Negotiable Certificates of Deposit 5 Years 30 percent 5 percent A rating Certificates of Deposit 1 Year 20 percent 5 percent FDIC insured or collateralized Repurchase Agreements 90 days None 5 percent None
Reverse Repurchase Agreements 92 days 20 percent of
combined base value 5 percent None
Medium Term Notes 5 Years 30 percent 5 percent A rating Money Market Mutual Funds N/A 20 percent 10 percent Multiple Mortgage and Asset-backed Securities 5 Years 20 percent 5 percent AA Rating CAMP N/A None None N/A
LAIF N/A N/A None N/A
The City is not required to include a list of investments held by our bond trustees; however, staff believes the City Council should be kept informed of these investments. These investments are identified on Attachment A.

LONG TERM PORTFLIO INCOME RETURN
Monthly Income Return

0.11%
Fiscal Year-to-Date Income Return

0.87%
Prior 12 Months Income Return

1.29%
#10..
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Page 4 ends

Source: Bloomberg, as of February 2023.

Economic Summary
Market Looks to Additional Rate Hikes On Higher-Than-Expected Inflation Data
CPI

6.40%
PCE

4.71%
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Source: Bloomberg, Institute for Supply Management, as of February 2023.

Economic Summary
Manufacturing Sector Remains in Contractionary Territory While Services Grows
40 45
50 55
60 65
70 Feb-20 Aug-20 Feb-21 Aug-21 Feb-22 Aug-22 Feb-23
ISM Manufacturing PMI
40 45
50 55
60 65
70 Feb-20 Aug-20 Feb-21 Aug-21 Feb-22 Aug-22 Feb-23
ISM Non-Manufacturing PMI
Level Delineating
Expansion & Contraction
Level Delineating
Expansion & Contraction
Improvement in demand-side
factors drove February’s gains,
but the overall sector remains in
contractionary territory
Cautious optimism prevailed,
with pent-up and persistent
consumer demand supporting
growth in services
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Source: ICE BofAML 1-5 year Indices via Bloomberg, MarketAxess and PFMAM as of 02/28/2023. Spreads on ABS are option-adjusted spreads of 0-5 year indices based on weighted average life; spreads on agencies are relative to comparable maturity Treasuries.

Economic Summary
Sector Spreads Were Mixed Over The Month With Agency and Corporate Spreads Widening, While ABS Spreads Tighten
-0.05%

0.00%

0.05%

0.10%

0.15%

0.20%

0.25%

0.30%

0.35%
Feb-22 May-22 Aug-22 Nov-22 Feb-23
Federal Agency Yield Spreads

0.30%

0.40%

0.50%

0.60%

0.70%

0.80%

0.90%

1.00%

1.10%
Feb-22 May-22 Aug-22 Nov-22 Feb-23
Corporate Notes A-AAA Yield Spreads

0.20%

0.30%

0.40%

0.50%

0.60%

0.70%

0.80%

0.90%

1.00%

1.10%

1.20%
Feb-22 May-22 Aug-22 Nov-22 Feb-23
Asset-Backed Securities AAA Yield Spreads
#10..
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Page 7 ends

Treasury Yields Move Higher on Most Maturities
Source: Bloomberg as of 02/28/2023.

Economic Summary

5.12%

4.98%

4.53%

3.92% 3.92%

2.50%

2.75%

3.00%

3.25%

3.50%

3.75%

4.00%

4.25%

4.50%

4.75%

5.00%

5.25%
3M1Y 2Y 3Y 4Y 5Y 10Y 30Y
U.S. Treasury Yield Curve
February 28, 2023
January 31, 2023
December 31, 2022
#10..
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Page 8 ends

This material is based on information obtained from sources generally believed to be reliable and available to the public, however, PFM Asset Management LLC cannot guarantee its accuracy, completeness or suitability. This material is for general information purposes only and is not intended to provide specific advice or a specific recommendation. All statements as to what will or may happen under certain circumstances are based on assumptions, some but not all of which are noted in the presentation. Assumptions may or may not be proven correct as actual events occur, and results may depend on events outside of your or our control. Changes in assumptions may have a material effect on results. Past performance does not necessarily reflect and is not a guaranty of future results. The information contained in this presentation is not an offer to purchase or sell any securities.

Investment advisory services are provided by PFM Asset Management LLC (“PFMAM”), an investment adviser registered with the U.S. Securities and Exchange Commission and a subsidiary of U.S. Bancorp Asset Management, Inc. (“USBAM”). USBAM is a subsidiary of U.S. Bank National Association (“U.S. Bank”). U.S. Bank is a separate entity and subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. The information contained is not an offer to purchase or sell any securities. Additional applicable regulatory information is available upon request.

For more information regarding PFMAM’s services or entities, please visit www.pfmam.com.

Disclosures
#10..
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For the Month Ending February 28, 2023
Account Statement
Consolidated Summary Statement
CITY OF MODESTO - Combined Portfolio
Investment Allocation
Investment Type Closing Market Value Percent
Asset-Backed Security 4,356,718.88 1.02
Federal Agency Bond / Note 53,829,053.30 12.63
Corporate Note 46,777,618.41 10.98
Certificate of Deposit 5,199,289.85 1.22
Federal Agency Commercial Mortgage-Backed Security 719,551.42 0.17 Commercial Paper 30,422,979.80 7.14
Municipal Bond / Note 7,116,692.10 1.67
Supra-National Agency Bond / Note 5,542,984.96 1.30
U.S. Treasury Bond / Note 225,029,263.62 52.80
CAMP Pool 47,169,689.38 11.07
Total $426,163,841.72 100.00%
Portfolio Summary
and Income
Closing
Portfolio Holdings Market Value
Cash Dividends
PFMAM Managed Account 649,834.46 378,994,152.34
CAMP Pool 0.00 47,169,689.38
Total $649,834.46 $426,163,841.72
Maturity Distribution (Fixed Income Holdings)
Portfolio Holdings Closing Market Value Percent
51,025,675.12

0.00 20,290,257.03
22,400,514.71
48,218,058.81
71,339,051.21
112,237,668.47
60,825,666.84
39,826,949.53

0.00 11.97

0.00 4.76

5.26 11.31

16.74 26.34

14.27 9.35

0.00 Under 30 days
31 to 60 days
61 to 90 days
91 to 180 days
181 days to 1 year
1 to 2 years
2 to 3 years
3 to 4 years
4 to 5 years
Over 5 years
Total $426,163,841.72
710
100.00%
Weighted Average Days to Maturity
Sector Allocation

1.02% ABS

12.63%
Fed Agy Bond /
Note

10.98%
Corporate Note

1.22%
Cert of Deposit

0.17%
Federal Agency
Commercial
Mortgage-Backed
Security

7.14%
Commercial Paper

1.67%
Muni Bond / Note

1.30%
Supra-National
Agency Bond / Note 52.80%
US TSY Bond / Note

11.07%
CAMP Pool
Summary Page 1
#10..
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Managed Account Summary Statement For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Total Cash Basis Earnings
Plus Net Realized Gains/Losses
Less Purchased Interest Related to Interest/Coupons
Interest/Dividends/Coupons Received
Earnings Reconciliation (Cash Basis) - Managed Account
Less Beginning Accrued Interest
Less Beginning Amortized Value of Securities
Less Cost of New Purchases
Plus Coupons/Dividends Received
Plus Proceeds of Maturities/Calls/Principal Payments
Plus Proceeds from Sales
Ending Accrued Interest
Ending Amortized Value of Securities
Earnings Reconciliation (Accrual Basis)
$383,084,628.55
(20,585,879.84)

0.00 20,256,817.77

0.00 (3,761,414.14)
$378,994,152.34
513,306.05
(44,313.19)
180,841.60
$649,834.46
Total
398,724,812.72
1,319,975.17

0.00 20,585,879.84
513,306.05
(20,301,130.96)
(398,746,824.59)
(1,395,388.61)
Total Accrual Basis Earnings $700,629.62
Closing Market Value
Change in Current Value
Unsettled Trades
Principal Acquisitions
Principal Dispositions
Maturities/Calls
Opening Market Value
Transaction Summary - Managed Account
_________________
_________________
_______________________________________________ _______________________________________________ Reconciling Transactions Net Cash Contribution
Security Purchases
Principal Payments
Coupon/Interest/Dividend Income
Sale Proceeds
Maturities/Calls
Cash Transactions Summary - Managed Account
20,305,000.00

0.00 513,306.05
280,879.84
(20,301,130.96)

0.00 0.00
Cash Balance
Closing Cash Balance $880,424.44
CITY OF MODESTO - COMBINED PORTFOLIO Page 1
#10..
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Portfolio Summary and Statistics For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Account Summary
Description Par Value Market Value Percent
U.S. Treasury Bond / Note 244,846,000.00 225,029,263.62 59.38 Supra-National Agency Bond / Note 5,885,000.00 5,542,984.96 1.46 Municipal Bond / Note 7,590,000.00 7,116,692.10 1.88
Federal Agency Commercial
Mortgage-Backed Security
727,965.06 719,551.42 0.19
Federal Agency Bond / Note 57,655,000.00 53,829,053.30 14.20 Corporate Note 49,270,000.00 46,777,618.41 12.34
Commercial Paper 30,925,000.00 30,422,979.80 8.03
Certificate of Deposit 5,205,000.00 5,199,289.85 1.37
Asset-Backed Security 4,536,173.23 4,356,718.88 1.15
Managed Account Sub-Total 406,640,138.29 378,994,152.34 100.00% Accrued Interest 1,319,975.17
Total Portfolio 406,640,138.29 380,314,127.51
Unsettled Trades 0.00 0.00
Sector Allocation

1.15% ABS

1.37%
Cert of Deposit

8.03%
Commercial Paper

12.34%
Corporate Note

14.20%
Fed Agy Bond /
Note

0.19%
Federal Agency
Commercial
Mortgage-Backed
Security

1.88%
Muni Bond / Note

1.46%
Supra-National
Agency Bond / Note 59.38%
US TSY Bond / Note
0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years

12.29% 12.72%

18.82%

29.61%

16.05%

10.51%

0.00%
Maturity Distribution Characteristics
Yield to Maturity at Cost
Yield to Maturity at Market
Weighted Average Days to Maturity 799

2.26%

4.73%
CITY OF MODESTO - COMBINED PORTFOLIO Page 2
#10..
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Managed Account Issuer Summary For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Credit Quality (S&P Ratings)

2.66%
A

4.26%
A+

1.96%
A8.03%
A-1

0.49%
A-2

2.90%
AA

73.99%
AA+

1.43%
AA4.13%
AAA

0.15%
NR
Issuer Summary
Issuer of Holdings Percent
Market Value
AMAZON.COM INC 4,806,490.13 1.27
BANK OF AMERICA CO 3,948,918.62 1.04
BRISTOL-MYERS SQUIBB CO 2,004,555.92 0.53
CALIFORNIA DEPARTMENT OF WATER RESOURCES 92,446.00 0.02 CALIFORNIA STATE UNIVERSITY 558,768.00 0.15
CARMAX AUTO OWNER TRUST 1,087,925.44 0.29
CREDIT SUISSE GROUP RK 1,846,168.65 0.49
DISCOVER FINANCIAL SERVICES 721,321.41 0.19
FANNIE MAE 38,242,079.93 10.09
FEDERAL FARM CREDIT BANKS 2,280,020.05 0.60
FEDERAL HOME LOAN BANKS 4,161,870.77 1.10
FLORIDA STATE BOARD OF ADMIN FIN CORP 1,641,816.00 0.43 FREDDIE MAC 9,864,633.97 2.60
HOME DEPOT INC 3,321,690.96 0.88
HONDA AUTO RECEIVABLES 571,105.10 0.15
HYUNDAI AUTO RECEIVABLES 845,251.12 0.22
ING GROEP NV 10,066,089.60 2.66
INTER-AMERICAN DEVELOPMENT BANK 3,815,577.68 1.01
INTL BANK OF RECONSTRUCTION AND DEV 1,727,407.28 0.46
JP MORGAN CHASE & CO 3,472,260.68 0.92
LMA AMERICAS LLC 10,172,096.09 2.68
LOS ANGELES COMMUNITY COLLEGE DISTRICT 841,315.25 0.22
MASTERCARD INC 4,053,466.88 1.07
MICROSOFT CORP 5,643,855.00 1.49
NATIXIS NY BRANCH 10,184,794.11 2.69
NEW JERSEY TURNPIKE AUTHORITY 454,393.95 0.12
NOVARTIS AG 2,149,107.75 0.57
PACCAR FINANCIAL CORP 1,697,638.82 0.45
PFIZER INC 3,366,454.00 0.89
STATE OF CALIFORNIA 2,272,162.20 0.60
STATE OF MARYLAND 585,906.20 0.15
TARGET CORP 328,639.43 0.09
CITY OF MODESTO - COMBINED PORTFOLIO Page 3
#10..
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Managed Account Issuer Summary For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Issuer of Holdings Percent
Market Value
THE BANK OF NEW YORK MELLON CORPORATION 3,086,594.28 0.81 TORONTO-DOMINION BANK 3,353,121.20 0.88
TOYOTA MOTOR CORP 3,339,560.63 0.88
UNITED STATES TREASURY 225,029,263.62 59.37
UNIVERSITY OF CALIFORNIA 669,884.50 0.18
US BANCORP 2,807,353.12 0.74
WAL-MART STORES INC 3,882,148.00 1.02
Total $378,994,152.34 100.00%
CITY OF MODESTO - COMBINED PORTFOLIO Page 4
#10..
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Managed Account Detail of Securities Held For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY NOTES
DTD 05/15/2013 1.750% 05/15/2023
912828VB3 10,185,000.00 AA+ Aaa 02/13/23 02/13/23 10,107,418.95 4.80 52,191.09 10,121,059.57 10,118,160.94

US TREASURY NOTES
DTD 10/01/2018 2.875% 09/30/2023
9128285D8 2,700,000.00 AA+ Aaa 05/01/19 05/02/19 2,769,820.31 2.26 32,414.84 2,709,225.64 2,665,828.26

US TREASURY NOTES
DTD 11/15/2020 0.250% 11/15/2023
91282CAW1 3,910,000.00 AA+ Aaa 04/29/21 04/30/21 3,909,389.06 0.26 2,862.29 3,909,829.67 3,778,648.24

US TREASURY NOTES
DTD 11/15/2013 2.750% 11/15/2023
912828WE6 8,790,000.00 AA+ Aaa 03/06/19 03/08/19 8,878,930.08 2.52 70,781.35 8,803,445.94 8,644,415.63

US TREASURY NOTES
DTD 11/30/2016 2.125% 11/30/2023
912828U57 3,275,000.00 AA+ Aaa 01/07/19 01/09/19 3,216,408.21 2.52 17,398.44 3,266,011.11 3,202,847.82

US TREASURY NOTES
DTD 12/15/2020 0.125% 12/15/2023
91282CBA8 4,430,000.00 AA+ Aaa 04/06/22 04/07/22 4,263,528.91 2.41 1,156.18 4,352,025.70 4,259,721.88

US TREASURY NOTES
DTD 12/31/2018 2.625% 12/31/2023
9128285U0 270,000.00 AA+ Aaa 01/30/19 01/31/19 270,801.56 2.56 1,174.72 270,136.20 264,515.63

US TREASURY NOTES
DTD 02/28/2019 2.375% 02/29/2024
9128286G0 457,000.00 AA+ Aaa 08/11/21 08/12/21 480,671.17 0.33 29.49 466,280.32 444,646.74

US TREASURY NOTES
DTD 02/28/2019 2.375% 02/29/2024
9128286G0 1,564,000.00 AA+ Aaa 08/11/21 08/12/21 1,644,582.66 0.35 100.94 1,595,592.56 1,521,723.20

US TREASURY NOTES
DTD 03/15/2021 0.250% 03/15/2024
91282CBR1 4,450,000.00 AA+ Aaa 04/06/22 04/07/22 4,262,960.94 2.49 5,132.25 4,349,611.80 4,230,976.34

US TREASURY N/B NOTES
DTD 04/15/2021 0.375% 04/15/2024
91282CBV2 4,890,000.00 AA+ Aaa 04/29/21 04/30/21 4,893,629.30 0.35 6,901.75 4,891,379.87 4,637,859.38

US TREASURY N/B NOTES
DTD 06/15/2021 0.250% 06/15/2024
91282CCG4 4,485,000.00 AA+ Aaa 04/06/22 04/07/22 4,262,852.34 2.59 2,341.07 4,353,932.88 4,213,797.43

US TREASURY NOTES
DTD 07/31/2017 2.125% 07/31/2024
9128282N9 2,450,000.00 AA+ Aaa 08/01/19 08/06/19 2,489,142.58 1.79 4,170.75 2,461,134.46 2,351,234.38

US TREASURY NOTES
DTD 08/31/2017 1.875% 08/31/2024
9128282U3 1,630,000.00 AA+ Aaa 09/04/19 09/05/19 1,672,214.45 1.34 83.05 1,642,719.94 1,554,867.11 CITY OF MODESTO - COMBINED PORTFOLIO Page 5
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Managed Account Detail of Securities Held For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B NOTES
DTD 09/15/2021 0.375% 09/15/2024
91282CCX7 4,505,000.00 AA+ Aaa 04/06/22 04/07/22 4,264,440.04 2.65 7,793.53 4,352,897.07 4,197,393.19

US TREASURY NOTES
DTD 10/02/2017 2.125% 09/30/2024
9128282Y5 1,850,000.00 AA+ Aaa 10/01/19 10/03/19 1,905,283.20 1.50 16,416.21 1,867,548.78 1,769,929.78

US TREASURY NOTES
DTD 10/31/2017 2.250% 10/31/2024
9128283D0 460,000.00 AA+ Aaa 11/01/19 11/05/19 475,039.84 1.57 3,459.53 465,035.29 440,090.65

US TREASURY NOTES
DTD 11/30/2017 2.125% 11/30/2024
9128283J7 1,215,000.00 AA+ Aaa 12/02/19 12/04/19 1,239,964.45 1.69 6,454.69 1,223,764.26 1,158,426.56

US TREASURY NOTES
DTD 11/30/2017 2.125% 11/30/2024
9128283J7 3,450,000.00 AA+ Aaa 01/03/20 01/07/20 3,529,916.02 1.63 18,328.13 3,478,589.30 3,289,359.38

US TREASURY NOTES
DTD 11/30/2017 2.125% 11/30/2024
9128283J7 4,585,000.00 AA+ Aaa 04/29/21 04/30/21 4,848,816.60 0.50 24,357.81 4,713,887.50 4,371,510.94

US TREASURY N/B NOTES
DTD 12/15/2021 1.000% 12/15/2024
91282CDN8 4,445,000.00 AA+ Aaa 04/06/22 04/07/22 4,251,920.31 2.68 9,280.77 4,316,345.68 4,148,434.93

US TREASURY N/B NOTES
DTD 02/15/2022 1.500% 02/15/2025
91282CDZ1 4,400,000.00 AA+ Aaa 04/06/22 04/07/22 4,255,109.38 2.70 2,552.49 4,300,587.01 4,128,437.28

US TREASURY NOTES
DTD 04/30/2020 0.375% 04/30/2025
912828ZL7 4,945,000.00 AA+ Aaa 04/29/21 04/30/21 4,894,777.34 0.63 6,198.33 4,917,808.95 4,504,585.94

US TREASURY NOTES
DTD 07/02/2018 2.750% 06/30/2025
912828XZ8 4,230,000.00 AA+ Aaa 04/06/22 04/07/22 4,232,148.05 2.73 19,280.39 4,231,550.96 4,050,885.73

US TREASURY NOTES
DTD 08/31/2020 0.250% 08/31/2025
91282CAJ0 4,340,000.00 AA+ Aaa 08/02/21 08/06/21 4,291,514.06 0.53 29.48 4,310,177.56 3,897,862.50

US TREASURY NOTES
DTD 08/31/2020 0.250% 08/31/2025
91282CAJ0 4,635,000.00 AA+ Aaa 04/06/22 04/07/22 4,262,932.62 2.74 31.49 4,361,191.96 4,162,809.38

US TREASURY NOTES
DTD 09/30/2020 0.250% 09/30/2025
91282CAM3 1,100,000.00 AA+ Aaa 09/27/21 09/28/21 1,076,023.44 0.80 1,148.35 1,084,529.14 986,046.82

US TREASURY NOTES
DTD 09/30/2020 0.250% 09/30/2025
91282CAM3 4,550,000.00 AA+ Aaa 09/07/21 09/09/21 4,473,574.22 0.67 4,750.00 4,501,318.53 4,078,648.21 CITY OF MODESTO - COMBINED PORTFOLIO Page 6
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Managed Account Detail of Securities Held For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY NOTES
DTD 10/31/2020 0.250% 10/31/2025
91282CAT8 5,010,000.00 AA+ Aaa 04/29/21 04/30/21 4,894,339.45 0.77 4,186.53 4,941,447.39 4,472,990.63

US TREASURY NOTES
DTD 10/31/2020 0.250% 10/31/2025
91282CAT8 6,930,000.00 AA+ Aaa 10/04/21 10/06/21 6,783,278.91 0.78 5,790.96 6,833,732.80 6,187,190.62

US TREASURY NOTES
DTD 11/30/2020 0.375% 11/30/2025
91282CAZ4 4,250,000.00 AA+ Aaa 11/01/21 11/02/21 4,133,291.02 1.07 3,984.38 4,171,227.32 3,796,445.10

US TREASURY NOTES
DTD 11/30/2020 0.375% 11/30/2025
91282CAZ4 4,635,000.00 AA+ Aaa 04/06/22 04/07/22 4,254,785.16 2.75 4,345.31 4,348,341.40 4,140,358.36

US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
91282CBC4 500,000.00 AA+ Aaa 02/02/21 02/04/21 498,613.28 0.43 310.77 499,197.85 446,015.60

US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
91282CBC4 1,040,000.00 AA+ Aaa 01/07/21 01/08/21 1,035,978.13 0.45 646.41 1,037,708.11 927,712.45

US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
91282CBC4 3,735,000.00 AA+ Aaa 04/05/21 04/07/21 3,646,439.65 0.89 2,321.48 3,681,935.50 3,331,736.53

US TREASURY NOTES
DTD 01/31/2021 0.375% 01/31/2026
91282CBH3 2,400,000.00 AA+ Aaa 07/02/21 07/07/21 2,353,875.00 0.80 720.99 2,370,512.06 2,131,874.88

US TREASURY NOTES
DTD 01/31/2021 0.375% 01/31/2026
91282CBH3 5,000,000.00 AA+ Aaa 02/17/22 02/18/22 4,719,531.25 1.85 1,502.07 4,792,612.50 4,441,406.00

US TREASURY NOTES
DTD 01/31/2021 0.375% 01/31/2026
91282CBH3 5,775,000.00 AA+ Aaa 01/04/22 01/06/22 5,570,167.97 1.27 1,734.89 5,627,923.43 5,129,823.93

US TREASURY NOTES
DTD 01/31/2021 0.375% 01/31/2026
91282CBH3 7,980,000.00 AA+ Aaa 05/03/22 05/04/22 7,256,812.50 2.95 2,397.31 7,415,934.90 7,088,483.98

US TREASURY NOTES
DTD 02/28/2019 2.500% 02/28/2026
9128286F2 3,210,000.00 AA+ Aaa 03/01/21 03/01/21 3,492,881.25 0.70 218.07 3,379,728.75 3,033,450.00

US TREASURY NOTES
DTD 02/28/2021 0.500% 02/28/2026
91282CBQ3 4,645,000.00 AA+ Aaa 04/06/22 04/07/22 4,259,973.05 2.76 63.11 4,348,721.36 4,128,969.30

US TREASURY NOTES
DTD 02/28/2021 0.500% 02/28/2026
91282CBQ3 6,000,000.00 AA+ Aaa 12/03/21 12/07/21 5,838,281.25 1.15 81.52 5,885,309.57 5,333,437.20 CITY OF MODESTO - COMBINED PORTFOLIO Page 7
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Managed Account Detail of Securities Held For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B NOTES
DTD 03/31/2021 0.750% 03/31/2026
91282CBT7 2,480,000.00 AA+ Aaa 09/07/21 09/09/21 2,479,031.25 0.76 7,767.03 2,479,344.46 2,218,825.00

US TREASURY N/B NOTES
DTD 03/31/2021 0.750% 03/31/2026
91282CBT7 4,925,000.00 AA+ Aaa 04/29/21 04/30/21 4,896,719.73 0.87 15,424.45 4,907,269.72 4,406,335.94

US TREASURY N/B NOTES
DTD 05/31/2021 0.750% 05/31/2026
91282CCF6 1,405,000.00 AA+ Aaa 06/23/21 06/25/21 1,396,987.11 0.87 2,634.38 1,399,718.88 1,249,132.81

US TREASURY N/B NOTES
DTD 05/31/2021 0.750% 05/31/2026
91282CCF6 4,615,000.00 AA+ Aaa 04/06/22 04/07/22 4,253,551.76 2.76 8,653.13 4,331,805.90 4,103,023.44

US TREASURY N/B NOTES
DTD 05/31/2021 0.750% 05/31/2026
91282CCF6 4,800,000.00 AA+ Aaa 06/06/22 06/08/22 4,399,125.00 2.99 9,000.00 4,472,512.99 4,267,500.00

US TREASURY N/B NOTES
DTD 08/31/2021 0.750% 08/31/2026
91282CCW9 4,640,000.00 AA+ Aaa 04/06/22 04/07/22 4,258,106.25 2.75 94.57 4,336,053.45 4,094,800.00

US TREASURY N/B NOTES
DTD 09/30/2021 0.875% 09/30/2026
91282CCZ2 4,310,000.00 AA+ Aaa 04/05/22 04/07/22 3,968,398.83 2.77 15,748.08 4,036,844.27 3,812,329.47

US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026
912828U24 4,545,000.00 AA+ Aaa 06/06/22 06/08/22 4,355,920.90 3.01 26,617.13 4,386,948.07 4,178,559.38

US TREASURY NOTES
DTD 02/15/2017 2.250% 02/15/2027
912828V98 9,220,000.00 AA+ Aaa 07/05/22 07/07/22 8,981,576.56 2.85 8,022.93 9,015,131.40 8,529,940.16

US TREASURY N/B NOTES
DTD 03/31/2022 2.500% 03/31/2027
91282CEF4 910,000.00 AA+ Aaa 11/29/22 11/30/22 854,973.44 4.03 9,500.00 858,138.68 848,575.00

US TREASURY N/B NOTES
DTD 04/30/2020 0.500% 04/30/2027
912828ZN3 6,480,000.00 AA+ Aaa 08/03/22 08/05/22 5,791,500.00 2.92 10,829.83 5,874,327.07 5,555,587.82

US TREASURY NOTES
DTD 06/30/2020 0.500% 06/30/2027
912828ZV5 5,545,000.00 AA+ Aaa 08/09/22 08/10/22 4,920,754.30 2.99 4,595.30 4,991,746.95 4,725,379.69

US TREASURY NOTES
DTD 08/15/2017 2.250% 08/15/2027
9128282R0 1,200,000.00 AA+ Aaa 08/29/22 08/31/22 1,142,625.00 3.30 1,044.20 1,148,394.20 1,102,875.00

US TREASURY NOTES
DTD 08/15/2017 2.250% 08/15/2027
9128282R0 2,985,000.00 AA+ Aaa 09/01/22 09/06/22 2,830,036.52 3.40 2,597.44 2,845,154.91 2,743,401.56 CITY OF MODESTO - COMBINED PORTFOLIO Page 8
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Managed Account Detail of Securities Held For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B NOTES
DTD 09/30/2022 4.125% 09/30/2027
91282CFM8 5,380,000.00 AA+ Aaa 11/01/22 11/03/22 5,344,903.91 4.27 92,671.98 5,347,214.92 5,352,259.64

US TREASURY N/B NOTES
DTD 10/31/2022 4.125% 10/31/2027
91282CFU0 2,715,000.00 AA+ Aaa 12/06/22 12/08/22 2,752,755.47 3.81 37,434.37 2,751,002.84 2,701,425.00

US TREASURY N/B NOTES
DTD 10/31/2022 4.125% 10/31/2027
91282CFU0 3,160,000.00 AA+ Aaa 12/13/22 12/14/22 3,229,495.31 3.63 43,570.03 3,226,492.43 3,144,200.00

US TREASURY NOTES
DTD 10/31/2020 0.500% 10/31/2027
91282CAU5 8,775,000.00 AA+ Aaa 01/04/23 01/06/23 7,472,803.71 3.91 14,665.40 7,512,780.17 7,403,906.25

US TREASURY NOTES
DTD 01/31/2021 0.750% 01/31/2028
91282CBJ9 3,450,000.00 AA+ Aaa 01/31/23 01/31/23 2,994,761.72 3.66 2,072.86 3,001,991.68 2,927,648.61 Security Type Sub-Total 244,846,000.00 236,186,084.73 2.26 658,066.32 237,574,823.58 225,029,263.62 Supra-National Agency Bond / Note

INTL BK RECON & DEVELOP NOTES
DTD 11/24/2020 0.250% 11/24/2023
459058JM6 1,790,000.00 AAA Aaa 11/17/20 11/24/20 1,786,151.50 0.32 1,205.76 1,789,058.08 1,727,407.28

INTER-AMERICAN DEVEL BK NOTES
DTD 09/23/2021 0.500% 09/23/2024
4581X0DZ8 4,095,000.00 AAA Aaa 09/15/21 09/23/21 4,091,969.70 0.52 8,986.25 4,093,418.49 3,815,577.68 Security Type Sub-Total 5,885,000.00 5,878,121.20 0.46 10,192.01 5,882,476.57 5,542,984.96 Municipal Bond / Note

CA ST TXBL GO BONDS
DTD 10/24/2019 2.400% 10/01/2023
13063DRJ9 2,310,000.00 AA- Aa2 10/16/19 10/24/19 2,356,223.10 1.87 23,100.00 2,316,878.82 2,272,162.20

MD ST TXBL GO BONDS
DTD 08/05/2020 0.510% 08/01/2024
574193TQ1 620,000.00 AAA Aaa 07/23/20 08/05/20 619,826.40 0.52 263.50 619,938.16 585,906.20

CA ST UNIV TXBL REV BONDS
DTD 09/17/2020 0.685% 11/01/2024
13077DMK5 600,000.00 AA- Aa2 08/27/20 09/17/20 600,000.00 0.69 1,370.00 600,000.00 558,768.00

CA ST DEPT WTR RES WTR SYS TXBL REV
BNDS
DTD 08/06/2020 0.560% 12/01/2024
13067WRB0 100,000.00 AAA Aa1 07/30/20 08/06/20 100,000.00 0.56 140.00 100,000.00 92,446.00 CITY OF MODESTO - COMBINED PORTFOLIO Page 9
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Managed Account Detail of Securities Held For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Municipal Bond / Note

UNIV OF CAL TXBL REV BONDS
DTD 07/16/2020 0.883% 05/15/2025
91412HGE7 220,000.00 AA Aa2 07/14/20 07/16/20 220,796.40 0.81 571.99 220,356.41 201,883.00

UNIV OF CAL TXBL REV BONDS
DTD 07/16/2020 0.883% 05/15/2025
91412HGE7 510,000.00 AA Aa2 07/10/20 07/16/20 510,000.00 0.88 1,325.97 510,000.00 468,001.50

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025
341271AD6 505,000.00 AA Aa3 09/03/20 09/16/20 508,570.35 1.11 1,058.82 506,741.29 460,620.60

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025
341271AD6 1,295,000.00 AA Aa3 09/03/20 09/16/20 1,295,000.00 1.26 2,715.18 1,295,000.00 1,181,195.40

LOS ANGELES CCD, CA TXBL GO BONDS
DTD 11/10/2020 0.773% 08/01/2025
54438CYK2 925,000.00 AA+ Aaa 10/30/20 11/10/20 925,000.00 0.77 595.85 925,000.00 841,315.25

NJ TURNPIKE AUTHORITY TXBL REV BONDS
DTD 02/04/2021 1.047% 01/01/2026
646140DP5 505,000.00 AA- A1 01/22/21 02/04/21 505,000.00 1.05 881.23 505,000.00 454,393.95 Security Type Sub-Total 7,590,000.00 7,640,416.25 1.22 32,022.54 7,598,914.68 7,116,692.10 Federal Agency Commercial Mortgage-Backed Security

FANNIEMAE-ACES
DTD 04/01/2014 3.346% 03/01/2024
3136AJB54 727,965.06 AA+ Aaa 12/13/19 12/18/19 763,339.62 2.14 2,029.81 736,399.65 719,551.42 Security Type Sub-Total 727,965.06 763,339.62 2.14 2,029.81 736,399.65 719,551.42 Federal Agency Bond / Note

FREDDIE MAC NOTES
DTD 08/21/2020 0.250% 08/24/2023
3137EAEV7 2,200,000.00 AA+ Aaa 08/19/20 08/21/20 2,197,756.00 0.28 106.94 2,199,640.31 2,149,631.00

FANNIE MAE NOTES
DTD 09/14/2018 2.875% 09/12/2023
3135G0U43 3,745,000.00 AA+ Aaa 11/07/18 11/09/18 3,699,610.60 3.15 50,544.50 3,739,993.82 3,701,089.88

FANNIE MAE NOTES
DTD 09/14/2018 2.875% 09/12/2023
3135G0U43 5,665,000.00 AA+ Aaa 12/03/18 12/06/18 5,653,556.70 2.92 76,457.83 5,663,718.30 5,598,577.87

FEDERAL FARM CREDIT BANK (CALLABLE)
DTD 09/21/2020 0.250% 09/21/2023
3133EMAM4 2,345,000.00 AA+ Aaa 10/07/20 10/09/20 2,341,013.50 0.31 2,605.56 2,344,244.90 2,280,020.05 CITY OF MODESTO - COMBINED PORTFOLIO Page 10
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Managed Account Detail of Securities Held For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Federal Agency Bond / Note

FANNIE MAE NOTES
DTD 11/25/2020 0.250% 11/27/2023
3135G06H1 900,000.00 AA+ Aaa 01/25/21 01/26/21 901,368.00 0.20 587.50 900,358.19 868,223.70

FREDDIE MAC NOTES
DTD 12/04/2020 0.250% 12/04/2023
3137EAFA2 2,015,000.00 AA+ Aaa 12/02/20 12/04/20 2,013,005.15 0.28 1,217.40 2,014,493.54 1,941,599.60

FEDERAL HOME LOAN BANKS NOTES
DTD 12/09/2013 3.375% 12/08/2023
3130A0F70 2,025,000.00 AA+ Aaa 01/30/19 01/31/19 2,084,684.63 2.72 15,757.03 2,034,498.34 1,997,202.83

FANNIE MAE NOTES
DTD 01/10/2020 1.625% 01/07/2025
3135G0X24 3,500,000.00 AA+ Aaa 03/04/20 03/05/20 3,628,135.00 0.85 8,531.25 3,549,109.97 3,299,502.50

FREDDIE MAC NOTES
DTD 02/14/2020 1.500% 02/12/2025
3137EAEP0 640,000.00 AA+ Aaa 02/27/20 02/28/20 649,676.80 1.18 506.67 643,815.15 600,378.24

FEDERAL HOME LOAN BANK NOTES
DTD 04/16/2020 0.500% 04/14/2025
3130AJHU6 2,370,000.00 AA+ Aaa 04/15/20 04/16/20 2,358,244.80 0.60 4,509.58 2,365,005.33 2,164,667.94

FANNIE MAE NOTES
DTD 04/24/2020 0.625% 04/22/2025
3135G03U5 475,000.00 AA+ Aaa 04/29/20 04/30/20 475,731.50 0.59 1,063.80 475,315.05 434,720.48

FANNIE MAE NOTES
DTD 04/24/2020 0.625% 04/22/2025
3135G03U5 1,910,000.00 AA+ Aaa 06/03/20 06/05/20 1,919,779.20 0.52 4,277.60 1,914,296.92 1,748,033.91

FANNIE MAE NOTES
DTD 04/24/2020 0.625% 04/22/2025
3135G03U5 3,195,000.00 AA+ Aaa 04/22/20 04/24/20 3,188,418.30 0.67 7,155.47 3,192,174.63 2,924,067.20

FANNIE MAE NOTES
DTD 04/24/2020 0.625% 04/22/2025
3135G03U5 3,345,000.00 AA+ Aaa 05/01/20 05/04/20 3,347,475.30 0.61 7,491.41 3,346,068.45 3,061,347.34

FANNIE MAE NOTES
DTD 06/19/2020 0.500% 06/17/2025
3135G04Z3 200,000.00 AA+ Aaa 09/17/20 09/18/20 200,712.00 0.42 205.56 200,344.70 181,642.20

FANNIE MAE NOTES
DTD 06/19/2020 0.500% 06/17/2025
3135G04Z3 1,075,000.00 AA+ Aaa 10/01/20 10/05/20 1,080,041.75 0.40 1,104.86 1,077,465.05 976,326.82

FANNIE MAE NOTES
DTD 06/19/2020 0.500% 06/17/2025
3135G04Z3 1,190,000.00 AA+ Aaa 01/04/21 01/05/21 1,197,223.30 0.36 1,223.06 1,193,731.74 1,080,771.09

FANNIE MAE NOTES
DTD 06/19/2020 0.500% 06/17/2025
3135G04Z3 3,675,000.00 AA+ Aaa 06/17/20 06/19/20 3,667,392.75 0.54 3,777.08 3,671,500.83 3,337,675.43 CITY OF MODESTO - COMBINED PORTFOLIO Page 11
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Managed Account Detail of Securities Held For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Federal Agency Bond / Note

FANNIE MAE NOTES
DTD 06/19/2020 0.500% 06/17/2025
3135G04Z3 3,820,000.00 AA+ Aaa 10/02/20 10/05/20 3,836,311.40 0.41 3,926.11 3,827,975.10 3,469,366.02

FREDDIE MAC NOTES
DTD 07/23/2020 0.375% 07/21/2025
3137EAEU9 2,220,000.00 AA+ Aaa 07/21/20 07/23/20 2,208,944.40 0.48 925.00 2,214,708.59 2,003,512.26

FANNIE MAE NOTES
DTD 08/27/2020 0.375% 08/25/2025
3135G05X7 450,000.00 AA+ Aaa 10/22/20 10/23/20 447,480.00 0.49 28.12 448,705.06 404,776.35

FANNIE MAE NOTES
DTD 08/27/2020 0.375% 08/25/2025
3135G05X7 550,000.00 AA+ Aaa 10/15/20 10/16/20 548,289.50 0.44 34.37 549,124.50 494,726.65

FANNIE MAE NOTES
DTD 08/27/2020 0.375% 08/25/2025
3135G05X7 2,360,000.00 AA+ Aaa 08/25/20 08/27/20 2,348,955.20 0.47 147.50 2,354,501.82 2,122,827.08

FREDDIE MAC NOTES
DTD 09/25/2020 0.375% 09/23/2025
3137EAEX3 130,000.00 AA+ Aaa 09/29/20 09/30/20 129,829.70 0.40 213.96 129,912.28 116,724.27

FREDDIE MAC NOTES
DTD 09/25/2020 0.375% 09/23/2025
3137EAEX3 3,400,000.00 AA+ Aaa 09/23/20 09/25/20 3,389,766.00 0.44 5,595.83 3,394,742.73 3,052,788.60

FANNIE MAE NOTES
DTD 11/12/2020 0.500% 11/07/2025
3135G06G3 2,040,000.00 AA+ Aaa 11/19/20 11/24/20 2,039,224.80 0.51 3,230.00 2,039,579.19 1,830,895.92

FANNIE MAE NOTES
DTD 11/12/2020 0.500% 11/07/2025
3135G06G3 2,215,000.00 AA+ Aaa 11/09/20 11/12/20 2,207,070.30 0.57 3,507.08 2,210,723.80 1,987,958.07 Security Type Sub-Total 57,655,000.00 57,759,696.58 1.02 204,731.07 57,695,748.29 53,829,053.30 Corporate Note

BANK OF AMERICA CORP NOTE (CALLED,
OMD 0
DTD 03/05/2018 3.550% 03/05/2023
06051GHF9 2,010,000.00 A- A2 09/28/20 09/30/20 2,142,318.30 0.81 34,884.67 2,010,597.37 2,009,817.09

TOYOTA MOTOR CREDIT CORP CORP
NOTES
DTD 09/20/2018 3.450% 09/20/2023
89236TFN0 2,230,000.00 A+ A1 11/13/18 11/15/18 2,210,175.30 3.65 34,407.04 2,227,726.32 2,208,444.82 CITY OF MODESTO - COMBINED PORTFOLIO Page 12
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Managed Account Detail of Securities Held For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

US BANK NA CINCINNATI CORP NOTES
(CALLAB
DTD 02/04/2019 3.375% 02/05/2024
91159HHV5 2,860,000.00 A+ A2 07/19/19 07/23/19 2,995,535.40 2.27 6,971.25 2,885,824.20 2,807,353.12

PFIZER INC CORP NOTES
DTD 03/11/2019 2.950% 03/15/2024
717081ES8 3,445,000.00 A+ A1 04/02/19 04/04/19 3,486,374.45 2.69 46,861.57 3,453,167.85 3,366,454.00 AMAZON.COM INC CORPORATE NOTES
DTD 05/12/2021 0.450% 05/12/2024
023135BW5 1,590,000.00 AA A1 05/10/21 05/12/21 1,587,678.60 0.50 2,166.38 1,589,072.29 1,504,977.93

JP MORGAN CHASE BANK CORP NOTE
DTD 05/13/2014 3.625% 05/13/2024
46625HJX9 1,320,000.00 A- A1 09/22/20 09/24/20 1,461,028.80 0.65 14,355.00 1,366,655.35 1,294,636.20

WALMART INC CORPORATE NOTES
DTD 04/23/2019 2.850% 07/08/2024
931142EL3 4,000,000.00 AA Aa2 07/10/19 07/12/19 4,124,840.00 2.19 16,783.33 4,032,376.24 3,882,148.00

JPMORGAN CHASE & CO CORPORATE

NOTES (CAL
DTD 09/16/2020 0.653% 09/16/2024
46647PBS4 1,405,000.00 A- A1 09/09/20 09/16/20 1,405,000.00 0.65 4,205.05 1,405,000.00 1,368,070.98

PACCAR FINANCIAL CORP CORPORATE
NOTES
DTD 02/06/2020 1.800% 02/06/2025
69371RQ66 1,810,000.00 A+ A1 05/11/20 05/13/20 1,839,014.30 1.45 2,262.50 1,821,874.06 1,697,638.82

NOVARTIS CAPITAL CORP
DTD 02/14/2020 1.750% 02/14/2025
66989HAP3 2,290,000.00 AA- A1 05/07/20 05/11/20 2,378,050.50 0.92 1,892.43 2,325,292.33 2,149,107.75

MASTERCARD INC CORP NOTES (CALLABLE)
DTD 12/03/2019 2.000% 03/03/2025
57636QAN4 1,760,000.00 A+ Aa3 05/04/20 05/06/20 1,836,225.60 1.08 17,404.44 1,790,991.38 1,658,469.12 AMAZON.COM INC CORPORATE NOTES
DTD 04/13/2022 3.000% 04/13/2025
023135CE4 3,430,000.00 AA A1 04/11/22 04/13/22 3,424,546.30 3.06 39,445.00 3,426,148.57 3,301,512.20

JPMORGAN CHASE & CO (CALLABLE) CORP
NOTE
DTD 06/01/2021 0.824% 06/01/2025
46647PCH7 865,000.00 A- A1 05/24/21 06/01/21 865,000.00 0.82 1,781.90 865,000.00 809,553.50

BRISTOL-MYERS SQUIBB CO CORPORATE
NOTES
DTD 11/13/2020 0.750% 11/13/2025
110122DN5 2,230,000.00 A+ A2 06/23/21 06/25/21 2,210,888.90 0.95 5,017.50 2,218,213.63 2,004,555.92 CITY OF MODESTO - COMBINED PORTFOLIO Page 13
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Managed Account Detail of Securities Held For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

BANK OF NY MELLON CORP (CALLABLE)
CORPOR
DTD 01/28/2021 0.750% 01/28/2026
06406RAQ0 3,465,000.00 A A1 02/02/21 02/04/21 3,465,831.60 0.75 2,382.19 3,465,480.45 3,086,594.28

BANK OF AMERICA CORP NOTES
(CALLABLE)
DTD 03/22/2022 3.384% 04/02/2026
06051GKM0 2,025,000.00 A- A2 03/17/22 03/22/22 2,025,000.00 3.38 28,362.15 2,025,000.00 1,939,101.53

MICROSOFT CORP (CALLABLE) NOTES
DTD 08/08/2016 2.400% 08/08/2026
594918BR4 3,000,000.00 AAA Aaa 02/23/22 02/25/22 3,033,150.00 2.14 4,600.00 3,025,170.65 2,779,968.00

MASTERCARD INC CORP NOTES (CALLABLE)
DTD 11/21/2016 2.950% 11/21/2026
57636QAG9 2,560,000.00 A+ Aa3 12/20/22 12/22/22 2,434,099.20 4.33 20,977.78 2,440,174.13 2,394,997.76

TARGET CORP CORP NOTES (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
87612EBM7 365,000.00 A A2 01/19/22 01/24/22 364,379.50 1.99 909.46 364,516.44 328,639.43

MICROSOFT CORP CORP NOTES (CALLABLE)
DTD 02/06/2017 3.300% 02/06/2027
594918BY9 3,000,000.00 AAA Aaa 12/14/22 12/16/22 2,914,170.00 4.06 6,875.00 2,918,424.63 2,863,887.00

HOME DEPOT INC CORP NOTES (CALLABLE)
DTD 09/14/2017 2.800% 09/14/2027
437076BT8 3,610,000.00 A A2 01/26/23 01/30/23 3,405,674.00 4.16 46,889.89 3,409,305.39 3,321,690.96 Security Type Sub-Total 49,270,000.00 49,608,980.75 2.27 339,434.53 49,066,011.28 46,777,618.41 Commercial Paper

LMA AMERICAS LLC COMM PAPER
DTD 02/08/2023 0.000% 05/09/2023
53944RS90 10,270,000.00 A-1 P-1 02/09/23 02/09/23 10,149,398.82 4.81 0.00 10,176,500.21 10,172,096.09

NATIXIS NY BRANCH COMM PAPER
DTD 01/03/2023 0.000% 07/03/2023
63873KU39 10,365,000.00 A-1 P-1 01/04/23 01/05/23 10,106,799.21 5.14 0.00 10,186,134.65 10,184,794.11

ING (US) FUNDING LLC COMM PAPER
DTD 01/05/2023 0.000% 08/04/2023
45685RV46 10,290,000.00 A-1 P-1 01/10/23 01/11/23 9,997,020.83 5.15 0.00 10,067,050.00 10,066,089.60 Security Type Sub-Total 30,925,000.00 30,253,218.86 5.03 0.00 30,429,684.86 30,422,979.80 Certificate of Deposit
CITY OF MODESTO - COMBINED PORTFOLIO Page 14
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Managed Account Detail of Securities Held For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Certificate of Deposit

CREDIT SUISSE NEW YORK CERT DEPOS
DTD 03/23/2021 0.590% 03/17/2023
22552G3C2 1,850,000.00 A-2 P-2 03/19/21 03/23/21 1,850,000.00 0.59 10,581.49 1,850,000.00 1,846,168.65

TORONTO DOMINION BANK NY CERT
DEPOS
DTD 10/31/2022 5.470% 10/25/2024
89115B6F2 3,355,000.00 A A1 10/27/22 10/31/22 3,355,000.00 5.44 61,682.61 3,355,000.00 3,353,121.20 Security Type Sub-Total 5,205,000.00 5,205,000.00 3.72 72,264.10 5,205,000.00 5,199,289.85 Asset-Backed Security
HAROT 2020-1 A3
DTD 02/26/2020 1.610% 04/22/2024
43813RAC1 194,879.96 NR Aaa 02/19/20 02/26/20 194,841.75 1.61 87.15 194,869.43 193,610.78 TAOT 2020-A A3
DTD 02/12/2020 1.660% 05/15/2024
89232HAC9 195,845.55 AAA Aaa 02/04/20 02/12/20 195,831.41 1.66 144.49 195,841.54 195,070.57 CARMX 2020-1 A3
DTD 01/22/2020 1.890% 12/16/2024
14315XAC2 205,331.86 AAA NR 01/14/20 01/22/20 205,291.57 1.89 172.48 205,317.09 203,397.65 HAROT 2021-1 A3
DTD 02/24/2021 0.270% 04/21/2025
43813GAC5 388,501.54 NR Aaa 02/17/21 02/24/21 388,494.42 0.27 29.14 388,497.87 377,494.32 HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
44933LAC7 417,050.21 AAA NR 04/20/21 04/28/21 417,006.34 0.38 70.44 417,024.75 403,802.11 CARMX 2021-1 A3
DTD 01/27/2021 0.340% 12/15/2025
14316NAC3 253,455.11 AAA NR 01/20/21 01/27/21 253,405.02 0.34 38.30 253,426.46 246,161.20 TAOT 2021-C A3
DTD 09/27/2021 0.430% 01/15/2026
89239BAC5 980,000.00 AAA Aaa 09/21/21 09/27/21 979,921.89 0.43 187.29 979,947.74 936,045.24 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
14314QAC8 661,109.00 AAA NR 04/13/21 04/21/21 660,966.53 0.52 152.79 661,021.40 638,366.59 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
44935FAD6 465,000.00 AAA NR 11/09/21 11/17/21 464,896.21 0.75 152.93 464,925.89 441,449.01 DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
254683CP8 775,000.00 AAA Aaa 09/20/21 09/27/21 774,834.07 0.58 199.78 774,881.64 721,321.41 CITY OF MODESTO - COMBINED PORTFOLIO Page 15
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Managed Account Detail of Securities Held For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Security Type Sub-Total 4,536,173.23 4,535,489.21 0.65 1,234.79 4,535,753.81 4,356,718.88 Managed Account Sub-Total 406,640,138.29 397,830,347.20 2.26 1,319,975.17 398,724,812.72 378,994,152.34 $406,640,138.29 $397,830,347.20 2.26% $1,319,975.17 $398,724,812.72 $378,994,152.34 $380,314,127.51
$1,319,975.17
Total Investments
Accrued Interest
Securities Sub-Total
CITY OF MODESTO - COMBINED PORTFOLIO Page 16
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Managed Account Fair Market Value & Analytics For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
U.S. Treasury Bond / Note
US TREASURY NOTES 912828VB3 10,185,000.00 CITIGRP 99.34 10,118,160.94 10,741.99 (2,898.63) DTD 05/15/2013 1.750% 05/15/2023

0.21 4.88
US TREASURY NOTES 9128285D8 2,700,000.00 TD 98.73 2,665,828.26 (103,992.05) (43,397.38) DTD 10/01/2018 2.875% 09/30/2023

0.58 5.09
US TREASURY NOTES 91282CAW1 3,910,000.00 MERRILL 96.64 3,778,648.24 (130,740.82) (131,181.43) DTD 11/15/2020 0.250% 11/15/2023

0.71 5.13
US TREASURY NOTES 912828WE6 8,790,000.00 TD 98.34 8,644,415.63 (234,514.45) (159,030.31) DTD 11/15/2013 2.750% 11/15/2023

0.70 5.15
US TREASURY NOTES 912828U57 3,275,000.00 BNP_PARI 97.80 3,202,847.82 (13,560.39) (63,163.29) DTD 11/30/2016 2.125% 11/30/2023

0.75 5.14
US TREASURY NOTES 91282CBA8 4,430,000.00 NOMURA 96.16 4,259,721.88 (3,807.03) (92,303.82) DTD 12/15/2020 0.125% 12/15/2023

0.79 5.13
US TREASURY NOTES 9128285U0 270,000.00 MERRILL 97.97 264,515.63 (6,285.93) (5,620.57) DTD 12/31/2018 2.625% 12/31/2023

0.83 5.13
US TREASURY NOTES 9128286G0 457,000.00 WELLS_F 97.30 444,646.74 (36,024.43) (21,633.58) DTD 02/28/2019 2.375% 02/29/2024

0.99 5.18
US TREASURY NOTES 9128286G0 1,564,000.00 WELLS_F 97.30 1,521,723.20 (122,859.46) (73,869.36) DTD 02/28/2019 2.375% 02/29/2024

0.99 5.18
US TREASURY NOTES 91282CBR1 4,450,000.00 RBS 95.08 4,230,976.34 (31,984.60) (118,635.46) DTD 03/15/2021 0.250% 03/15/2024

1.04 5.16
US TREASURY N/B NOTES 91282CBV2 4,890,000.00 BARCLAY 94.84 4,637,859.38 (255,769.92) (253,520.49) DTD 04/15/2021 0.375% 04/15/2024

1.12 5.14
US TREASURY N/B NOTES 91282CCG4 4,485,000.00 NOMURA 93.95 4,213,797.43 (49,054.91) (140,135.45) DTD 06/15/2021 0.250% 06/15/2024

1.29 5.14
US TREASURY NOTES 9128282N9 2,450,000.00 TD 95.97 2,351,234.38 (137,908.20) (109,900.08) DTD 07/31/2017 2.125% 07/31/2024

1.41 5.10
US TREASURY NOTES 9128282U3 1,630,000.00 MERRILL 95.39 1,554,867.11 (117,347.34) (87,852.83) DTD 08/31/2017 1.875% 08/31/2024

1.49 5.11
US TREASURY N/B NOTES 91282CCX7 4,505,000.00 BARCLAY 93.17 4,197,393.19 (67,046.85) (155,503.88) DTD 09/15/2021 0.375% 09/15/2024

1.54 5.03
US TREASURY NOTES 9128282Y5 1,850,000.00 HSBC 95.67 1,769,929.78 (135,353.42) (97,619.00) DTD 10/02/2017 2.125% 09/30/2024

1.55 5.00
US TREASURY NOTES 9128283D0 460,000.00 MORGAN_S 95.67 440,090.65 (34,949.19) (24,944.64) DTD 10/31/2017 2.250% 10/31/2024

1.63 4.98
CITY OF MODESTO - COMBINED PORTFOLIO Page 17
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Managed Account Fair Market Value & Analytics For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
U.S. Treasury Bond / Note
US TREASURY NOTES 9128283J7 1,215,000.00 NOMURA 95.34 1,158,426.56 (81,537.89) (65,337.70) DTD 11/30/2017 2.125% 11/30/2024

1.72 4.93
US TREASURY NOTES 9128283J7 3,450,000.00 RBS 95.34 3,289,359.38 (240,556.64) (189,229.92) DTD 11/30/2017 2.125% 11/30/2024

1.72 4.93
US TREASURY NOTES 9128283J7 4,585,000.00 HSBC 95.34 4,371,510.94 (477,305.66) (342,376.56) DTD 11/30/2017 2.125% 11/30/2024

1.72 4.93
US TREASURY N/B NOTES 91282CDN8 4,445,000.00 BNP_PAR 93.33 4,148,434.93 (103,485.38) (167,910.75) DTD 12/15/2021 1.000% 12/15/2024

1.78 4.93
US TREASURY N/B NOTES 91282CDZ1 4,400,000.00 RBS 93.83 4,128,437.28 (126,672.10) (172,149.73) DTD 02/15/2022 1.500% 02/15/2025

1.94 4.83
US TREASURY NOTES 912828ZL7 4,945,000.00 JPM_CHA 91.09 4,504,585.94 (390,191.40) (413,223.01) DTD 04/30/2020 0.375% 04/30/2025

2.16 4.75
US TREASURY NOTES 912828XZ8 4,230,000.00 BARCLAY 95.77 4,050,885.73 (181,262.32) (180,665.23) DTD 07/02/2018 2.750% 06/30/2025

2.27 4.68
US TREASURY NOTES 91282CAJ0 4,340,000.00 WELLS_F 89.81 3,897,862.50 (393,651.56) (412,315.06) DTD 08/31/2020 0.250% 08/31/2025

2.49 4.61
US TREASURY NOTES 91282CAJ0 4,635,000.00 BNP_PAR 89.81 4,162,809.38 (100,123.24) (198,382.58) DTD 08/31/2020 0.250% 08/31/2025

2.49 4.61
US TREASURY NOTES 91282CAM3 1,100,000.00 BNP_PAR 89.64 986,046.82 (89,976.62) (98,482.32) DTD 09/30/2020 0.250% 09/30/2025

2.58 4.54
US TREASURY NOTES 91282CAM3 4,550,000.00 HSBC 89.64 4,078,648.21 (394,926.01) (422,670.32) DTD 09/30/2020 0.250% 09/30/2025

2.58 4.54
US TREASURY NOTES 91282CAT8 5,010,000.00 HSBC 89.28 4,472,990.63 (421,348.82) (468,456.76) DTD 10/31/2020 0.250% 10/31/2025

2.66 4.56
US TREASURY NOTES 91282CAT8 6,930,000.00 TD 89.28 6,187,190.62 (596,088.29) (646,542.18) DTD 10/31/2020 0.250% 10/31/2025

2.66 4.56
US TREASURY NOTES 91282CAZ4 4,250,000.00 WELLS_F 89.33 3,796,445.10 (336,845.92) (374,782.22) DTD 11/30/2020 0.375% 11/30/2025

2.74 4.54
US TREASURY NOTES 91282CAZ4 4,635,000.00 WELLS_F 89.33 4,140,358.36 (114,426.80) (207,983.04) DTD 11/30/2020 0.375% 11/30/2025

2.74 4.54
US TREASURY NOTES 91282CBC4 500,000.00 HSBC 89.20 446,015.60 (52,597.68) (53,182.25) DTD 12/31/2020 0.375% 12/31/2025

2.82 4.47
US TREASURY NOTES 91282CBC4 1,040,000.00 CITIGRP 89.20 927,712.45 (108,265.68) (109,995.66) DTD 12/31/2020 0.375% 12/31/2025

2.82 4.47
CITY OF MODESTO - COMBINED PORTFOLIO Page 18
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Managed Account Fair Market Value & Analytics For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
U.S. Treasury Bond / Note
US TREASURY NOTES 91282CBC4 3,735,000.00 JPM_CHA 89.20 3,331,736.53 (314,703.12) (350,198.97) DTD 12/31/2020 0.375% 12/31/2025

2.82 4.47
US TREASURY NOTES 91282CBH3 2,400,000.00 BNP_PAR 88.83 2,131,874.88 (222,000.12) (238,637.18) DTD 01/31/2021 0.375% 01/31/2026

2.91 4.50
US TREASURY NOTES 91282CBH3 5,000,000.00 NOMURA 88.83 4,441,406.00 (278,125.25) (351,206.50) DTD 01/31/2021 0.375% 01/31/2026

2.91 4.50
US TREASURY NOTES 91282CBH3 5,775,000.00 MORGAN_ 88.83 5,129,823.93 (440,344.04) (498,099.50) DTD 01/31/2021 0.375% 01/31/2026

2.91 4.50
US TREASURY NOTES 91282CBH3 7,980,000.00 JPM_CHA 88.83 7,088,483.98 (168,328.52) (327,450.92) DTD 01/31/2021 0.375% 01/31/2026

2.91 4.50
US TREASURY NOTES 9128286F2 3,210,000.00 GOLDMAN 94.50 3,033,450.00 (459,431.25) (346,278.75) DTD 02/28/2019 2.500% 02/28/2026

2.91 4.48
US TREASURY NOTES 91282CBQ3 4,645,000.00 NOMURA 88.89 4,128,969.30 (131,003.75) (219,752.06) DTD 02/28/2021 0.500% 02/28/2026

2.98 4.50
US TREASURY NOTES 91282CBQ3 6,000,000.00 WELLS_F 88.89 5,333,437.20 (504,844.05) (551,872.37) DTD 02/28/2021 0.500% 02/28/2026

2.98 4.50
US TREASURY N/B NOTES 91282CBT7 2,480,000.00 WELLS_F 89.47 2,218,825.00 (260,206.25) (260,519.46) DTD 03/31/2021 0.750% 03/31/2026

3.04 4.44
US TREASURY N/B NOTES 91282CBT7 4,925,000.00 MORGAN_ 89.47 4,406,335.94 (490,383.79) (500,933.78) DTD 03/31/2021 0.750% 03/31/2026

3.04 4.44
US TREASURY N/B NOTES 91282CCF6 1,405,000.00 MERRILL 88.91 1,249,132.81 (147,854.30) (150,586.07) DTD 05/31/2021 0.750% 05/31/2026

3.21 4.45
US TREASURY N/B NOTES 91282CCF6 4,615,000.00 NOMURA 88.91 4,103,023.44 (150,528.32) (228,782.46) DTD 05/31/2021 0.750% 05/31/2026

3.21 4.45
US TREASURY N/B NOTES 91282CCF6 4,800,000.00 CITIGRP 88.91 4,267,500.00 (131,625.00) (205,012.99) DTD 05/31/2021 0.750% 05/31/2026

3.21 4.45
US TREASURY N/B NOTES 91282CCW9 4,640,000.00 RBC 88.25 4,094,800.00 (163,306.25) (241,253.45) DTD 08/31/2021 0.750% 08/31/2026

3.46 4.41
US TREASURY N/B NOTES 91282CCZ2 4,310,000.00 RBC 88.45 3,812,329.47 (156,069.36) (224,514.80) DTD 09/30/2021 0.875% 09/30/2026

3.52 4.39
US TREASURY NOTES 912828U24 4,545,000.00 RBC 91.94 4,178,559.38 (177,361.52) (208,388.69) DTD 11/15/2016 2.000% 11/15/2026

3.57 4.38
US TREASURY NOTES 912828V98 9,220,000.00 JPM_CHA 92.52 8,529,940.16 (451,636.40) (485,191.24) DTD 02/15/2017 2.250% 02/15/2027

3.80 4.32
CITY OF MODESTO - COMBINED PORTFOLIO Page 19
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Managed Account Fair Market Value & Analytics For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
U.S. Treasury Bond / Note
US TREASURY N/B NOTES 91282CEF4 910,000.00 BARCLAY 93.25 848,575.00 (6,398.44) (9,563.68) DTD 03/31/2022 2.500% 03/31/2027

3.86 4.32
US TREASURY N/B NOTES 912828ZN3 6,480,000.00 NOMURA 85.73 5,555,587.82 (235,912.18) (318,739.25) DTD 04/30/2020 0.500% 04/30/2027

4.12 4.27
US TREASURY NOTES 912828ZV5 5,545,000.00 WELLS_F 85.22 4,725,379.69 (195,374.61) (266,367.26) DTD 06/30/2020 0.500% 06/30/2027

4.29 4.27
US TREASURY NOTES 9128282R0 1,200,000.00 BNP_PAR 91.91 1,102,875.00 (39,750.00) (45,519.20) DTD 08/15/2017 2.250% 08/15/2027

4.26 4.26
US TREASURY NOTES 9128282R0 2,985,000.00 HSBC 91.91 2,743,401.56 (86,634.96) (101,753.35) DTD 08/15/2017 2.250% 08/15/2027

4.26 4.26
US TREASURY N/B NOTES 91282CFM8 5,380,000.00 MERRILL 99.48 5,352,259.64 7,355.73 5,044.72 DTD 09/30/2022 4.125% 09/30/2027

4.15 4.25
US TREASURY N/B NOTES 91282CFU0 2,715,000.00 NOMURA 99.50 2,701,425.00 (51,330.47) (49,577.84) DTD 10/31/2022 4.125% 10/31/2027

4.24 4.24
US TREASURY N/B NOTES 91282CFU0 3,160,000.00 JPM_CHA 99.50 3,144,200.00 (85,295.31) (82,292.43) DTD 10/31/2022 4.125% 10/31/2027

4.24 4.24
US TREASURY NOTES 91282CAU5 8,775,000.00 WELLS_F 84.38 7,403,906.25 (68,897.46) (108,873.92) DTD 10/31/2020 0.500% 10/31/2027

4.61 4.22
US TREASURY NOTES 91282CBJ9 3,450,000.00 HSBC 84.86 2,927,648.61 (67,113.11) (74,343.07) DTD 01/31/2021 0.750% 01/31/2028

4.83 4.19
Security Type Sub-Total 244,846,000.00 225,029,263.62 (11,156,821.11) (12,545,559.96) 2.54 4.64 Supra-National Agency Bond / Note
INTL BK RECON & DEVELOP NOTES 459058JM6 1,790,000.00 TD 96.50 1,727,407.28 (58,744.22) (61,650.80) DTD 11/24/2020 0.250% 11/24/2023

0.73 5.17
INTER-AMERICAN DEVEL BK NOTES 4581X0DZ8 4,095,000.00 JPM_CHA 93.18 3,815,577.68 (276,392.02) (277,840.81) DTD 09/23/2021 0.500% 09/23/2024

1.56 5.09
Security Type Sub-Total 5,885,000.00 5,542,984.96 (335,136.24) (339,491.61) 1.30 5.11 Municipal Bond / Note
CA ST TXBL GO BONDS 13063DRJ9 2,310,000.00 MORGAN_S 98.36 2,272,162.20 (84,060.90) (44,716.62) DTD 10/24/2019 2.400% 10/01/2023

0.58 5.27
CITY OF MODESTO - COMBINED PORTFOLIO Page 20
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Managed Account Fair Market Value & Analytics For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Municipal Bond / Note
MD ST TXBL GO BONDS 574193TQ1 620,000.00 JPM_CHA 94.50 585,906.20 (33,920.20) (34,031.96) DTD 08/05/2020 0.510% 08/01/2024

1.42 4.55
CA ST UNIV TXBL REV BONDS 13077DMK5 600,000.00 GOLDMAN 93.13 558,768.00 (41,232.00) (41,232.00) DTD 09/17/2020 0.685% 11/01/2024

1.66 5.03
CA ST DEPT WTR RES WTR SYS TXBL REV 13067WRB0 100,000.00 MORGAN_ 92.45 92,446.00 (7,554.00) (7,554.00) BNDS
DTD 08/06/2020 0.560% 12/01/2024

1.74 5.12
UNIV OF CAL TXBL REV BONDS 91412HGE7 220,000.00 JPM_CHA 04/15/25 91.77 201,883.00 (18,913.40) (18,473.41) DTD 07/16/2020 0.883% 05/15/2025

2.10 4.86
UNIV OF CAL TXBL REV BONDS 91412HGE7 510,000.00 JPM_CHA 04/15/25 91.77 468,001.50 (41,998.50) (41,998.50) DTD 07/16/2020 0.883% 05/15/2025

2.10 4.86
FL ST BOARD OF ADMIN TXBL REV BONDS 341271AD6 505,000.00 MERRILL 91.21 460,620.60 (47,949.75) (46,120.69) DTD 09/16/2020 1.258% 07/01/2025

2.30 5.31
FL ST BOARD OF ADMIN TXBL REV BONDS 341271AD6 1,295,000.00 MERRILL 91.21 1,181,195.40 (113,804.60) (113,804.60) DTD 09/16/2020 1.258% 07/01/2025

2.30 5.31
LOS ANGELES CCD, CA TXBL GO BONDS 54438CYK2 925,000.00 MERRILL 90.95 841,315.25 (83,684.75) (83,684.75) DTD 11/10/2020 0.773% 08/01/2025

2.40 4.78
NJ TURNPIKE AUTHORITY TXBL REV 646140DP5 505,000.00 CITIGRP 89.98 454,393.95 (50,606.05) (50,606.05) BONDS
DTD 02/04/2021 1.047% 01/01/2026

2.79 4.87
Security Type Sub-Total 7,590,000.00 7,116,692.10 (523,724.15) (482,222.58) 1.65 5.08 Federal Agency Commercial Mortgage-Backed Security
FANNIEMAE-ACES 3136AJB54 727,965.06 JPM_CHAS 98.84 719,551.42 (43,788.20) (16,848.23) DTD 04/01/2014 3.346% 03/01/2024

0.94 4.53
Security Type Sub-Total 727,965.06 719,551.42 (43,788.20) (16,848.23) 0.94 4.53 Federal Agency Bond / Note
FREDDIE MAC NOTES 3137EAEV7 2,200,000.00 CITIGRP 97.71 2,149,631.00 (48,125.00) (50,009.31) DTD 08/21/2020 0.250% 08/24/2023

0.48 5.10
FANNIE MAE NOTES 3135G0U43 3,745,000.00 JPM_CHAS 98.83 3,701,089.88 1,479.28 (38,903.94) DTD 09/14/2018 2.875% 09/12/2023

0.53 5.13
CITY OF MODESTO - COMBINED PORTFOLIO Page 21
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Managed Account Fair Market Value & Analytics For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Federal Agency Bond / Note
FANNIE MAE NOTES 3135G0U43 5,665,000.00 TD 98.83 5,598,577.87 (54,978.83) (65,140.43) DTD 09/14/2018 2.875% 09/12/2023

0.53 5.13
FEDERAL FARM CREDIT BANK (CALLABLE) 3133EMAM4 2,345,000.00 TD 97.23 2,280,020.05 (60,993.45) (64,224.85) DTD 09/21/2020 0.250% 09/21/2023

0.56 5.35
FANNIE MAE NOTES 3135G06H1 900,000.00 MORGAN_ 96.47 868,223.70 (33,144.30) (32,134.49) DTD 11/25/2020 0.250% 11/27/2023

0.74 5.16
FREDDIE MAC NOTES 3137EAFA2 2,015,000.00 CITIGRP 96.36 1,941,599.60 (71,405.55) (72,893.94) DTD 12/04/2020 0.250% 12/04/2023

0.76 5.19
FEDERAL HOME LOAN BANKS NOTES 3130A0F70 2,025,000.00 BARCLAYS 98.63 1,997,202.83 (87,481.80) (37,295.51) DTD 12/09/2013 3.375% 12/08/2023

0.76 5.20
FANNIE MAE NOTES 3135G0X24 3,500,000.00 CITIGRP 94.27 3,299,502.50 (328,632.50) (249,607.47) DTD 01/10/2020 1.625% 01/07/2025

1.83 4.90
FREDDIE MAC NOTES 3137EAEP0 640,000.00 WELLS_FA 93.81 600,378.24 (49,298.56) (43,436.91) DTD 02/14/2020 1.500% 02/12/2025

1.93 4.87
FEDERAL HOME LOAN BANK NOTES 3130AJHU6 2,370,000.00 CITIGRP 91.34 2,164,667.94 (193,576.86) (200,337.39) DTD 04/16/2020 0.500% 04/14/2025

2.11 4.84
FANNIE MAE NOTES 3135G03U5 475,000.00 WELLS_F 91.52 434,720.48 (41,011.02) (40,594.57) DTD 04/24/2020 0.625% 04/22/2025

2.13 4.84
FANNIE MAE NOTES 3135G03U5 1,910,000.00 HSBC 91.52 1,748,033.91 (171,745.29) (166,263.01) DTD 04/24/2020 0.625% 04/22/2025

2.13 4.84
FANNIE MAE NOTES 3135G03U5 3,195,000.00 CITIGRP 91.52 2,924,067.20 (264,351.10) (268,107.43) DTD 04/24/2020 0.625% 04/22/2025

2.13 4.84
FANNIE MAE NOTES 3135G03U5 3,345,000.00 WELLS_F 91.52 3,061,347.34 (286,127.96) (284,721.11) DTD 04/24/2020 0.625% 04/22/2025

2.13 4.84
FANNIE MAE NOTES 3135G04Z3 200,000.00 WELLS_F 90.82 181,642.20 (19,069.80) (18,702.50) DTD 06/19/2020 0.500% 06/17/2025

2.28 4.77
FANNIE MAE NOTES 3135G04Z3 1,075,000.00 NOMURA 90.82 976,326.82 (103,714.93) (101,138.23) DTD 06/19/2020 0.500% 06/17/2025

2.28 4.77
FANNIE MAE NOTES 3135G04Z3 1,190,000.00 RBS 90.82 1,080,771.09 (116,452.21) (112,960.65) DTD 06/19/2020 0.500% 06/17/2025

2.28 4.77
FANNIE MAE NOTES 3135G04Z3 3,675,000.00 NOMURA 90.82 3,337,675.43 (329,717.32) (333,825.40) DTD 06/19/2020 0.500% 06/17/2025

2.28 4.77
FANNIE MAE NOTES 3135G04Z3 3,820,000.00 RBS 90.82 3,469,366.02 (366,945.38) (358,609.08) DTD 06/19/2020 0.500% 06/17/2025

2.28 4.77
CITY OF MODESTO - COMBINED PORTFOLIO Page 22
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Managed Account Fair Market Value & Analytics For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Federal Agency Bond / Note
FREDDIE MAC NOTES 3137EAEU9 2,220,000.00 WELLS_F 90.25 2,003,512.26 (205,432.14) (211,196.33) DTD 07/23/2020 0.375% 07/21/2025

2.38 4.74
FANNIE MAE NOTES 3135G05X7 450,000.00 NOMURA 89.95 404,776.35 (42,703.65) (43,928.71) DTD 08/27/2020 0.375% 08/25/2025

2.48 4.71
FANNIE MAE NOTES 3135G05X7 550,000.00 CITIGRP 89.95 494,726.65 (53,562.85) (54,397.85) DTD 08/27/2020 0.375% 08/25/2025

2.48 4.71
FANNIE MAE NOTES 3135G05X7 2,360,000.00 BARCLAY 89.95 2,122,827.08 (226,128.12) (231,674.74) DTD 08/27/2020 0.375% 08/25/2025

2.48 4.71
FREDDIE MAC NOTES 3137EAEX3 130,000.00 WELLS_F 89.79 116,724.27 (13,105.43) (13,188.01) DTD 09/25/2020 0.375% 09/23/2025

2.55 4.65
FREDDIE MAC NOTES 3137EAEX3 3,400,000.00 CITIGRP 89.79 3,052,788.60 (336,977.40) (341,954.13) DTD 09/25/2020 0.375% 09/23/2025

2.55 4.65
FANNIE MAE NOTES 3135G06G3 2,040,000.00 NOMURA 89.75 1,830,895.92 (208,328.88) (208,683.27) DTD 11/12/2020 0.500% 11/07/2025

2.67 4.60
FANNIE MAE NOTES 3135G06G3 2,215,000.00 BARCLAY 89.75 1,987,958.07 (219,112.23) (222,765.73) DTD 11/12/2020 0.500% 11/07/2025

2.67 4.60
Security Type Sub-Total 57,655,000.00 53,829,053.30 (3,930,643.28) (3,866,694.99) 1.69 4.91 Corporate Note
BANK OF AMERICA CORP NOTE (CALLED, 06051GHF9 2,010,000.00 MERRILL 03/05/23 99.99 2,009,817.09 (132,501.21) (780.28) OMD 0
DTD 03/05/2018 3.550% 03/05/2023

0.01 4.13
TOYOTA MOTOR CREDIT CORP CORP 89236TFN0 2,230,000.00 JPM_CHAS 99.03 2,208,444.82 (1,730.48) (19,281.50) NOTES
DTD 09/20/2018 3.450% 09/20/2023

0.55 5.23
US BANK NA CINCINNATI CORP NOTES 91159HHV5 2,860,000.00 GOLDMAN 01/05/24 98.16 2,807,353.12 (188,182.28) (78,471.08) (CALLAB
DTD 02/04/2019 3.375% 02/05/2024

0.84 5.43
PFIZER INC CORP NOTES 717081ES8 3,445,000.00 BONY 02/15/24 97.72 3,366,454.00 (119,920.45) (86,713.85) DTD 03/11/2019 2.950% 03/15/2024

0.94 5.23
AMAZON.COM INC CORPORATE NOTES 023135BW5 1,590,000.00 JPM_CHA 94.65 1,504,977.93 (82,700.67) (84,094.36) DTD 05/12/2021 0.450% 05/12/2024

1.20 5.10
CITY OF MODESTO - COMBINED PORTFOLIO Page 23
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Managed Account Fair Market Value & Analytics For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Corporate Note
JP MORGAN CHASE BANK CORP NOTE 46625HJX9 1,320,000.00 JPM_CHA 98.08 1,294,636.20 (166,392.60) (72,019.15) DTD 05/13/2014 3.625% 05/13/2024

1.18 5.29
WALMART INC CORPORATE NOTES 931142EL3 4,000,000.00 CITIGRP 06/08/24 97.05 3,882,148.00 (242,692.00) (150,228.24) DTD 04/23/2019 2.850% 07/08/2024

1.25 5.12
JPMORGAN CHASE & CO CORPORATE 46647PBS4 1,405,000.00 JPM_CHA 09/16/23 97.37 1,368,070.98 (36,929.02) (36,929.02)

NOTES (CAL
DTD 09/16/2020 0.653% 09/16/2024

0.54 2.40
PACCAR FINANCIAL CORP CORPORATE 69371RQ66 1,810,000.00 MITSU 93.79 1,697,638.82 (141,375.48) (124,235.24) NOTES
DTD 02/06/2020 1.800% 02/06/2025

1.91 5.22
NOVARTIS CAPITAL CORP 66989HAP3 2,290,000.00 CITIGRP 01/14/25 93.85 2,149,107.75 (228,942.75) (176,184.58) DTD 02/14/2020 1.750% 02/14/2025

1.85 5.09
MASTERCARD INC CORP NOTES 57636QAN4 1,760,000.00 JSEB 02/03/25 94.23 1,658,469.12 (177,756.48) (132,522.26) (CALLABLE)
DTD 12/03/2019 2.000% 03/03/2025

1.88 5.06
AMAZON.COM INC CORPORATE NOTES 023135CE4 3,430,000.00 JPM_CHA 96.25 3,301,512.20 (123,034.10) (124,636.37) DTD 04/13/2022 3.000% 04/13/2025

2.04 4.88
JPMORGAN CHASE & CO (CALLABLE) CORP 46647PCH7 865,000.00 JPM_CHA 06/01/24 93.59 809,553.50 (55,446.50) (55,446.50) NOTE
DTD 06/01/2021 0.824% 06/01/2025

1.25 3.82
BRISTOL-MYERS SQUIBB CO CORPORATE 110122DN5 2,230,000.00 MERRILL 10/13/25 89.89 2,004,555.92 (206,332.98) (213,657.71) NOTES
DTD 11/13/2020 0.750% 11/13/2025

2.59 4.78
BANK OF NY MELLON CORP (CALLABLE) 06406RAQ0 3,465,000.00 US_BANC 12/28/25 89.08 3,086,594.28 (379,237.32) (378,886.17) CORPOR
DTD 01/28/2021 0.750% 01/28/2026

2.80 4.82
BANK OF AMERICA CORP NOTES 06051GKM0 2,025,000.00 MERRILL 04/02/25 95.76 1,939,101.53 (85,898.47) (85,898.47) (CALLABLE)
DTD 03/22/2022 3.384% 04/02/2026

2.00 4.88
MICROSOFT CORP (CALLABLE) NOTES 594918BR4 3,000,000.00 TD 05/08/26 92.67 2,779,968.00 (253,182.00) (245,202.65) DTD 08/08/2016 2.400% 08/08/2026

3.08 4.74
MASTERCARD INC CORP NOTES 57636QAG9 2,560,000.00 CSFB 08/21/26 93.55 2,394,997.76 (39,101.44) (45,176.37) (CALLABLE)
DTD 11/21/2016 2.950% 11/21/2026

3.29 4.86
CITY OF MODESTO - COMBINED PORTFOLIO Page 24
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Managed Account Fair Market Value & Analytics For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Corporate Note
TARGET CORP CORP NOTES (CALLABLE) 87612EBM7 365,000.00 CITIGRP 12/15/26 90.04 328,639.43 (35,740.07) (35,877.01) DTD 01/24/2022 1.950% 01/15/2027

3.66 4.80
MICROSOFT CORP CORP NOTES 594918BY9 3,000,000.00 GOLDMAN 11/06/26 95.46 2,863,887.00 (50,283.00) (54,537.63) (CALLABLE)
DTD 02/06/2017 3.300% 02/06/2027

3.48 4.57
HOME DEPOT INC CORP NOTES 437076BT8 3,610,000.00 TD 06/14/27 92.01 3,321,690.96 (83,983.04) (87,614.43) (CALLABLE)
DTD 09/14/2017 2.800% 09/14/2027

4.00 4.78
Security Type Sub-Total 49,270,000.00 46,777,618.41 (2,831,362.34) (2,288,392.87) 1.98 4.85 Commercial Paper
LMA AMERICAS LLC COMM PAPER 53944RS90 10,270,000.00 GOLDMAN 99.05 10,172,096.09 22,697.27 (4,404.12) DTD 02/08/2023 0.000% 05/09/2023

0.20 4.95
NATIXIS NY BRANCH COMM PAPER 63873KU39 10,365,000.00 RBC 98.26 10,184,794.11 77,994.90 (1,340.54) DTD 01/03/2023 0.000% 07/03/2023

0.36 5.10
ING (US) FUNDING LLC COMM PAPER 45685RV46 10,290,000.00 MERRILL 97.82 10,066,089.60 69,068.77 (960.40) DTD 01/05/2023 0.000% 08/04/2023

0.45 5.10
Security Type Sub-Total 30,925,000.00 30,422,979.80 169,760.94 (6,705.06) 0.34 5.05 Certificate of Deposit
CREDIT SUISSE NEW YORK CERT DEPOS 22552G3C2 1,850,000.00 CSFB 99.79 1,846,168.65 (3,831.35) (3,831.35) DTD 03/23/2021 0.590% 03/17/2023

0.05 4.78
TORONTO DOMINION BANK NY CERT 89115B6F2 3,355,000.00 TD 99.94 3,353,121.20 (1,878.80) (1,878.80) DEPOS
DTD 10/31/2022 5.470% 10/25/2024

1.60 5.45
Security Type Sub-Total 5,205,000.00 5,199,289.85 (5,710.15) (5,710.15) 1.05 5.21 Asset-Backed Security
HAROT 2020-1 A3 43813RAC1 194,879.96 JPM_CHAS 99.35 193,610.78 (1,230.97) (1,258.65) DTD 02/26/2020 1.610% 04/22/2024

0.20 2.19
CITY OF MODESTO - COMBINED PORTFOLIO Page 25
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Managed Account Fair Market Value & Analytics For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Asset-Backed Security
TAOT 2020-A A3 89232HAC9 195,845.55 MITSU 99.60 195,070.57 (760.84) (770.97) DTD 02/12/2020 1.660% 05/15/2024

0.13 1.99
CARMX 2020-1 A3 14315XAC2 205,331.86 MERRILL 99.06 203,397.65 (1,893.92) (1,919.44) DTD 01/22/2020 1.890% 12/16/2024

0.31 2.43
HAROT 2021-1 A3 43813GAC5 388,501.54 JPM_CHA 97.17 377,494.32 (11,000.10) (11,003.55) DTD 02/24/2021 0.270% 04/21/2025

0.57 1.62
HART 2021-A A3 44933LAC7 417,050.21 BARCLAY 96.82 403,802.11 (13,204.23) (13,222.64) DTD 04/28/2021 0.380% 09/15/2025

0.66 1.66
CARMX 2021-1 A3 14316NAC3 253,455.11 MITSU 97.12 246,161.20 (7,243.82) (7,265.26) DTD 01/27/2021 0.340% 12/15/2025

0.66 1.39
TAOT 2021-C A3 89239BAC5 980,000.00 BARCLAY 95.51 936,045.24 (43,876.65) (43,902.50) DTD 09/27/2021 0.430% 01/15/2026

0.95 2.04
CARMX 2021-2 A3 14314QAC8 661,109.00 MERRILL 96.56 638,366.59 (22,599.94) (22,654.81) DTD 04/21/2021 0.520% 02/17/2026

0.73 1.71
HART 2021-C A3 44935FAD6 465,000.00 SMBC 94.94 441,449.01 (23,447.20) (23,476.88) DTD 11/17/2021 0.740% 05/15/2026

1.13 2.38
DCENT 2021-A1 A1 254683CP8 775,000.00 CITIGRP 93.07 721,321.41 (53,512.66) (53,560.23) DTD 09/27/2021 0.580% 09/15/2026

1.51 2.63
Security Type Sub-Total 4,536,173.23 4,356,718.88 (178,770.33) (179,034.93) 0.85 2.04 Managed Account Sub-Total 406,640,138.29 378,994,152.34 (18,836,194.86) (19,730,660.38) 2.10 4.73 Total Investments $380,314,127.51
$1,319,975.17
$378,994,152.34
Accrued Interest
Securities Sub-Total $406,640,138.29 ($18,836,194.86) ($19,730,660.38) 2.10 4.73% CITY OF MODESTO - COMBINED PORTFOLIO Page 26
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Managed Account Security Transactions & Interest For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
BUY
02/09/23 LMA AMERICAS LLC COMM PAPER
DTD 02/08/2023 0.000% 05/09/2023
02/09/23 53944RS90 10,270,000.00 (10,149,398.82) 0.00 (10,149,398.82) 02/13/23 US TREASURY NOTES
DTD 05/15/2013 1.750% 05/15/2023
02/13/23 912828VB3 10,185,000.00 (10,107,418.95) (44,313.19) (10,151,732.14) Transaction Type Sub-Total 20,455,000.00 (20,256,817.77) (44,313.19) (20,301,130.96)

INTEREST
02/01/23 MD ST TXBL GO BONDS
DTD 08/05/2020 0.510% 08/01/2024
02/01/23 574193TQ1 620,000.00 0.00 1,581.00 1,581.00
02/01/23 LOS ANGELES CCD, CA TXBL GO BONDS
DTD 11/10/2020 0.773% 08/01/2025
02/01/23 54438CYK2 925,000.00 0.00 3,575.13 3,575.13
02/01/23 02/01/23 MONEY MARKET FUND MONEY0002 0.00 0.00 1,001.49 1,001.49 02/25/23 FANNIEMAE-ACES
DTD 04/01/2014 3.346% 03/01/2024
02/01/23 3136AJB54 743,767.81 0.00 2,073.87 2,073.87
02/05/23 US BANK NA CINCINNATI CORP NOTES
(CALLAB
DTD 02/04/2019 3.375% 02/05/2024
02/05/23 91159HHV5 2,860,000.00 0.00 48,262.50 48,262.50 02/06/23 MICROSOFT CORP CORP NOTES
(CALLABLE)
DTD 02/06/2017 3.300% 02/06/2027
02/06/23 594918BY9 3,000,000.00 0.00 49,500.00 49,500.00 02/06/23 PACCAR FINANCIAL CORP CORPORATE
NOTES
DTD 02/06/2020 1.800% 02/06/2025
02/06/23 69371RQ66 1,810,000.00 0.00 16,290.00 16,290.00 02/08/23 MICROSOFT CORP (CALLABLE) NOTES
DTD 08/08/2016 2.400% 08/08/2026
02/08/23 594918BR4 3,000,000.00 0.00 36,000.00 36,000.00 02/12/23 FREDDIE MAC NOTES
DTD 02/14/2020 1.500% 02/12/2025
02/12/23 3137EAEP0 640,000.00 0.00 4,800.00 4,800.00
02/14/23 NOVARTIS CAPITAL CORP
DTD 02/14/2020 1.750% 02/14/2025
02/14/23 66989HAP3 2,290,000.00 0.00 20,037.50 20,037.50 02/15/23 HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
02/15/23 44933LAC7 446,966.29 0.00 141.54 141.54
02/15/23 TAOT 2020-A A3
DTD 02/12/2020 1.660% 05/15/2024
02/15/23 89232HAC9 263,939.10 0.00 365.12 365.12
CITY OF MODESTO - COMBINED PORTFOLIO Page 27
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Managed Account Security Transactions & Interest For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
02/15/23 CARMX 2021-1 A3
DTD 01/27/2021 0.340% 12/15/2025
02/15/23 14316NAC3 269,304.27 0.00 76.30 76.30
02/15/23 US TREASURY N/B NOTES
DTD 02/15/2022 1.500% 02/15/2025
02/15/23 91282CDZ1 4,400,000.00 0.00 33,000.00 33,000.00 02/15/23 US TREASURY NOTES
DTD 02/15/2017 2.250% 02/15/2027
02/15/23 912828V98 9,220,000.00 0.00 103,725.00 103,725.00 02/15/23 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
02/15/23 14314QAC8 700,052.80 0.00 303.36 303.36
02/15/23 CARMX 2020-1 A3
DTD 01/22/2020 1.890% 12/16/2024
02/15/23 14315XAC2 234,996.10 0.00 370.12 370.12
02/15/23 US TREASURY NOTES
DTD 08/15/2017 2.250% 08/15/2027
02/15/23 9128282R0 4,185,000.00 0.00 47,081.25 47,081.25 02/15/23 DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
02/15/23 254683CP8 775,000.00 0.00 374.58 374.58
02/15/23 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
02/15/23 44935FAD6 465,000.00 0.00 286.75 286.75
02/15/23 TAOT 2021-C A3
DTD 09/27/2021 0.430% 01/15/2026
02/15/23 89239BAC5 980,000.00 0.00 351.17 351.17
02/21/23 HAROT 2021-1 A3
DTD 02/24/2021 0.270% 04/21/2025
02/21/23 43813GAC5 421,830.90 0.00 94.91 94.91
02/21/23 HAROT 2020-1 A3
DTD 02/26/2020 1.610% 04/22/2024
02/21/23 43813RAC1 244,160.86 0.00 327.58 327.58
02/24/23 FREDDIE MAC NOTES
DTD 08/21/2020 0.250% 08/24/2023
02/24/23 3137EAEV7 2,200,000.00 0.00 2,750.00 2,750.00
02/25/23 FANNIE MAE NOTES
DTD 08/27/2020 0.375% 08/25/2025
02/25/23 3135G05X7 3,360,000.00 0.00 6,300.00 6,300.00
02/28/23 US TREASURY NOTES
DTD 02/28/2021 0.500% 02/28/2026
02/28/23 91282CBQ3 10,645,000.00 0.00 26,612.50 26,612.50 02/28/23 US TREASURY NOTES
DTD 08/31/2017 1.875% 08/31/2024
02/28/23 9128282U3 1,630,000.00 0.00 15,281.25 15,281.25 02/28/23 US TREASURY NOTES
DTD 02/28/2019 2.500% 02/28/2026
02/28/23 9128286F2 3,210,000.00 0.00 40,125.00 40,125.00 02/28/23 US TREASURY NOTES
DTD 02/28/2019 2.375% 02/29/2024
02/28/23 9128286G0 2,021,000.00 0.00 23,999.38 23,999.38 CITY OF MODESTO - COMBINED PORTFOLIO Page 28
#10..
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Managed Account Security Transactions & Interest For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
02/28/23 US TREASURY N/B NOTES
DTD 08/31/2021 0.750% 08/31/2026
02/28/23 91282CCW9 4,640,000.00 0.00 17,400.00 17,400.00 02/28/23 US TREASURY NOTES
DTD 08/31/2020 0.250% 08/31/2025
02/28/23 91282CAJ0 8,975,000.00 0.00 11,218.75 11,218.75 Transaction Type Sub-Total 75,176,018.13 0.00 513,306.05 513,306.05

MATURITY
02/09/23 MANHATTAN ASSET FDG CO COMM
PAPER
DTD 12/08/2022 0.000% 02/09/2023
02/09/23 56274MP97 10,150,000.00 10,150,000.00 0.00 10,150,000.00 63,775.83 0.00 02/13/23 MUFG BANK LTD/NY COMM PAPER
DTD 11/14/2022 0.000% 02/13/2023
02/13/23 62479MPD9 10,155,000.00 10,155,000.00 0.00 10,155,000.00 117,798.00 0.00 Transaction Type Sub-Total 20,305,000.00 20,305,000.00 0.00 20,305,000.00 181,573.83 0.00

PAYDOWNS
02/25/23 FANNIEMAE-ACES
DTD 04/01/2014 3.346% 03/01/2024
02/01/23 3136AJB54 15,802.75 15,802.75 0.00 15,802.75 (767.91) 0.00 02/15/23 HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
02/15/23 44933LAC7 29,916.08 29,916.08 0.00 29,916.08 3.15 0.00 02/15/23 CARMX 2021-1 A3
DTD 01/27/2021 0.340% 12/15/2025
02/15/23 14316NAC3 15,849.16 15,849.16 0.00 15,849.16 3.13 0.00 02/15/23 TAOT 2020-A A3
DTD 02/12/2020 1.660% 05/15/2024
02/15/23 89232HAC9 68,093.55 68,093.55 0.00 68,093.55 4.92 0.00 02/15/23 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
02/15/23 14314QAC8 38,943.80 38,943.80 0.00 38,943.80 8.39 0.00 02/15/23 CARMX 2020-1 A3
DTD 01/22/2020 1.890% 12/16/2024
02/15/23 14315XAC2 29,664.24 29,664.24 0.00 29,664.24 5.82 0.00 02/21/23 HAROT 2021-1 A3
DTD 02/24/2021 0.270% 04/21/2025
02/21/23 43813GAC5 33,329.36 33,329.36 0.00 33,329.36 0.61 0.00 02/21/23 HAROT 2020-1 A3
DTD 02/26/2020 1.610% 04/22/2024
02/21/23 43813RAC1 49,280.90 49,280.90 0.00 49,280.90 9.66 0.00 Transaction Type Sub-Total 280,879.84 280,879.84 0.00 280,879.84 (732.23) 0.00 CITY OF MODESTO - COMBINED PORTFOLIO Page 29
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Managed Account Security Transactions & Interest For the Month Ending February 28, 2023 CITY OF MODESTO - Combined Portfolio
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
Managed Account Sub-Total 329,062.07 468,992.86 798,054.93 180,841.60 0.00 Total Security Transactions $329,062.07 $468,992.86 $798,054.93 $180,841.60 $0.00 CITY OF MODESTO - COMBINED PORTFOLIO Page 30
#10..
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Attachment 3
City of Modesto Combined Yields
Month
Ending
Combined
Yield
CAMP
Balance
CAMP Monthly
Distribution Yields
Long Term
Amortized Cost
Balance
Long Term
Portfolio Yield
Short Term
Amortized Cost
Balance
Short Term
Portfolio Yield
3/31/2021 1.08% 137,608,358.86 0.08% 234,986,337.21 1.67% 4/30/2021 1.09% 99,414,400.76 0.06% 273,342,506.45 1.47% 5/31/2021 1.00% 134,419,293.96 0.05% 273,479,692.78 1.46% 6/30/2021 0.97% 134,424,844.05 0.05% 273,831,695.68 1.42% 7/31/2021 1.02% 108,729,978.62 0.05% 273,119,224.63 1.40% 8/31/2021 1.01% 108,734,764.86 0.05% 272,424,046.82 1.39% 9/30/2021 0.97% 108,739,293.68 0.05% 275,543,849.60 1.33% 10/31/2021 0.91% 123,744,124.02 0.05% 274,089,339.67 1.30% 11/30/2021 0.90% 123,749,269.51 0.05% 275,079,950.15 1.28% 12/31/2021 0.91% 123,754,558.86 0.05% 274,968,424.92 1.29% 1/31/2022 0.92% 123,759,932.29 0.05% 276,103,753.02 1.31% 2/28/2022 0.92% 106,765,158.19 0.06% 276,530,404.21 1.31% 39,948,433.34 0.53% 3/31/2022 0.98% 106,788,084.24 0.25% 277,035,730.56 1.33% 39,948,380.00 0.53% 4/30/2022 1.39% 30,016,017.61 0.50% 353,203,903.46 1.56% 39,984,016.67 0.53% 5/31/2022 1.47% 50,044,305.28 0.82% 353,781,386.85 1.59% 39,880,961.12 1.26% 6/30/2022 1.56% 75,106,114.53 1.14% 354,423,884.74 1.64% 39,871,394.45 1.66% 7/31/2022 1.66% 46,186,072.35 1.64% 354,553,148.20 1.66% 39,928,141.66 1.66% 8/31/2022 1.79% 46,276,184.59 2.30% 356,564,454.56 1.69% 39,858,625.00 2.14% 9/30/2022 1.95% 46,375,593.86 2.61% 356,228,719.05 1.71% 39,880,797.64 3.34% 10/31/2022 2.03% 46,499,174.80 3.14% 357,511,536.00 1.74% 39,981,172.30 3.34% 11/30/2022 2.18% 46,648,406.54 3.90% 357,994,150.30 1.78% 40,170,337.16 3.76% 12/31/2022 2.29% 46,818,929.81 4.30% 357,777,379.76 1.84% 40,298,306.29 3.93% 1/31/2023 2.48% 46,999,023.63 4.53% 358,294,563.63 1.95% 40,452,260.96 4.84% 2/28/2023 2.51% 47,169,689.38 4.73% 358,174,068.29 1.94% 40,550,744.43 4.97% Notes:

1. Long and Short Term Portfolio AC Balance is the amortized cost value of the separately managed portfolios.

2. Long and Short Term Portfolio Yields are the separately managed portfolios yield at costs. #10..
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Attachment 4
City of Modesto - Portfolio Holdings and Earnings Projections Issuer Par Maturity Date Current Yield
Years to
Maturity
Expected Earnings
Rate to June 30, 2023
Expected Earnings to
June 30, 2023
Main Portfolio
Federal Agency
FHLMC 2,200,000 8/24/2023 5.100% 0 3,031 0.28% 2,089
FNMA 3,745,000 9/12/2023 5.130% 1 63,273 3.15% 39,384
FNMA 5,665,000 9/12/2023 5.130% 1 88,832 2.92% 55,293
FFCB 2,345,000 9/21/2023 5.350% 1 4,056 0.31% 2,414
FNMA 900,000 11/27/2023 5.160% 1 1,316 0.20% 590
FHLMC 2,015,000 12/4/2023 5.190% 1 4,361 0.28% 1,907
FHLB 2,025,000 12/8/2023 5.200% 1 42,743 2.72% 18,426
FNMA 3,500,000 1/7/2025 4.900% 2 55,412 0.85% 9,956
FHLMC 640,000 2/12/2025 4.870% 2 14,855 1.18% 2,535
FHLB 2,370,000 4/14/2025 4.840% 2 30,280 0.60% 4,761
FNMA 3,195,000 4/22/2025 4.840% 5 45,775 0.67% 7,123
FNMA 475,000 4/22/2025 4.840% 2 6,056 0.59% 942
FNMA 3,345,000 4/22/2025 4.840% 2 43,817 0.61% 6,818
FNMA 1,910,000 4/22/2025 4.840% 2 21,276 0.52% 3,311
FNMA 3,675,000 6/17/2025 4.770% 2 45,845 0.54% 6,659
FNMA 200,000 6/17/2025 4.770% 2 1,952 0.42% 284
FNMA 1,075,000 6/17/2025 4.770% 2 9,875 0.40% 1,434
FNMA 3,820,000 6/17/2025 4.770% 2 35,883 0.41% 5,212
FNMA 1,190,000 6/17/2025 4.770% 2 9,924 0.36% 1,441
FHLMC 2,220,000 7/21/2025 4.740% 2 25,304 0.48% 3,532
FNMA 2,360,000 8/25/2025 4.710% 2 27,619 0.47% 3,707
FNMA 550,000 8/25/2025 4.710% 2 6,024 0.44% 808
FNMA 450,000 8/25/2025 4.710% 2 5,517 0.49% 740
FHLMC 3,400,000 9/23/2025 4.650% 3 38,095 0.44% 4,955
FHLMC 130,000 9/23/2025 4.650% 3 1,342 0.40% 174
FNMA 2,215,000 11/7/2025 4.600% 3 34,177 0.57% 4,242
FNMA 2,040,000 11/7/2025 4.600% 3 27,897 0.51% 3,462
Federal Agency CMBS
FNMA 727,965 3/1/2024 4.530% 1 15,635 2.14% 5,197
U.S. Treasury
U.S. Treasury 10,185,000 5/15/2023 4.880% 0 101,705 4.74% 161,423 U.S. Treasury 2,700,000 9/30/2023 5.090% 1 35,709 2.26% 20,357 U.S. Treasury 3,910,000 11/15/2023 5.130% 1 7,135 0.26% 3,348 U.S. Treasury 8,790,000 11/15/2023 5.150% 1 157,747 2.52% 74,020 U.S. Treasury 3,275,000 11/30/2023 5.140% 1 62,078 2.52% 27,540 U.S. Treasury 4,430,000 12/15/2023 5.130% 1 84,755 2.41% 35,655 U.S. Treasury 270,000 12/31/2023 5.130% 1 5,795 2.56% 2,310 U.S. Treasury 1,564,000 2/29/2024 5.180% 1 5,412 0.35% 1,804 U.S. Treasury 457,000 2/29/2024 5.180% 1 1,533 0.33% 511 U.S. Treasury 4,450,000 3/15/2024 5.160% 1 115,449 2.49% 36,968 U.S. Treasury 4,890,000 4/15/2024 5.140% 1 19,306 0.35% 5,717 U.S. Treasury 4,485,000 6/15/2024 5.140% 1 150,618 2.59% 38,849 U.S. Treasury 2,450,000 7/31/2024 5.100% 1 62,305 1.79% 14,646 U.S. Treasury 1,630,000 8/31/2024 5.110% 2 32,823 1.34% 7,281 U.S. Treasury 4,505,000 9/15/2024 5.030% 2 184,916 2.65% 39,929 U.S. Treasury 1,850,000 9/30/2024 5.000% 2 44,137 1.50% 9,284 U.S. Treasury 460,000 10/31/2024 4.980% 2 12,057 1.57% 2,407 U.S. Treasury 1,215,000 11/30/2024 4.930% 2 36,140 1.69% 6,879 U.S. Treasury 3,450,000 11/30/2024 4.930% 2 98,799 1.63% 18,804 U.S. Treasury 4,585,000 11/30/2024 4.930% 2 40,540 0.50% 7,716 U.S. Treasury 4,445,000 12/15/2024 4.930% 2 214,464 2.68% 39,885 U.S. Treasury 4,400,000 2/15/2025 4.830% 2 234,061 2.70% 39,771 U.S. Treasury 4,945,000 4/30/2025 4.750% 2 67,871 0.63% 10,455 U.S. Treasury 4,230,000 6/30/2025 4.680% 2 270,142 2.73% 38,637 U.S. Treasury 4,340,000 8/31/2025 4.610% 3 57,439 0.53% 7,659 U.S. Treasury 4,635,000 8/31/2025 4.610% 3 318,493 2.74% 42,466 U.S. Treasury 4,550,000 9/30/2025 4.540% 3 78,965 0.67% 10,194 U.S. Treasury 1,100,000 9/30/2025 4.540% 3 22,900 0.80% 2,956 U.S. Treasury 5,010,000 10/31/2025 4.560% 3 103,554 0.77% 12,944 U.S. Treasury 6,930,000 10/31/2025 4.560% 3 144,495 0.78% 18,062 U.S. Treasury 4,250,000 11/30/2025 4.540% 3 124,768 1.07% 15,131 U.S. Treasury 4,635,000 11/30/2025 4.540% 3 351,772 2.75% 42,660 U.S. Treasury 1,040,000 12/31/2025 4.470% 3 13,404 0.45% 1,577 U.S. Treasury 500,000 12/31/2025 4.470% 3 6,140 0.43% 722 U.S. Treasury 3,735,000 12/31/2025 4.470% 3 94,204 0.89% 11,083 U.S. Treasury 2,400,000 1/31/2026 4.500% 3 56,496 0.80% 6,454 U.S. Treasury 5,775,000 1/31/2026 4.500% 3 215,012 1.27% 24,561 U.S. Treasury 5,000,000 1/31/2026 4.500% 3 271,270 1.85% 30,988 U.S. Treasury 7,980,000 1/31/2026 4.500% 3 688,805 2.95% 78,684 U.S. Treasury 3,210,000 2/28/2026 4.480% 3 67,695 0.70% 7,535 U.S. Treasury 6,000,000 2/28/2026 4.500% 3 208,050 1.15% 23,159 U.S. Treasury 4,645,000 2/28/2026 4.500% 3 384,689 2.76% 42,821 U.S. Treasury 4,925,000 3/31/2026 4.440% 3 132,223 0.87% 14,313 U.S. Treasury 2,480,000 3/31/2026 4.440% 3 58,098 0.76% 6,289 U.S. Treasury 1,405,000 5/31/2026 4.450% 3 39,710 0.87% 4,078 U.S. Treasury 4,615,000 5/31/2026 4.450% 3 414,730 2.76% 42,590 U.S. Treasury 4,800,000 5/31/2026 4.450% 3 467,505 2.99% 48,010 U.S. Treasury 4,640,000 8/31/2026 4.410% 4 447,495 2.75% 42,652 U.S. Treasury 4,310,000 9/30/2026 4.390% 4 428,165 2.77% 39,875 U.S. Treasury 4,545,000 11/15/2026 4.380% 4 508,048 3.01% 45,709 U.S. Treasury 9,220,000 2/15/2027 4.320% 4 1,043,385 2.85% 87,909 U.S. Treasury 910,000 3/31/2027 4.320% 4 150,076 4.03% 12,272 U.S. Treasury 6,480,000 4/30/2027 4.270% 4 788,477 2.92% 63,202 U.S. Treasury 5,545,000 6/30/2027 4.270% 4 719,657 2.99% 55,463 U.S. Treasury 1,200,000 8/15/2027 4.260% 4 176,925 3.30% 13,250 U.S. Treasury 2,985,000 8/15/2027 4.260% 4 452,983 3.40% 33,925 U.S. Treasury 5,380,000 9/30/2027 4.250% 5 1,054,971 4.27% 76,840 U.S. Treasury 8,775,000 10/31/2027 4.220% 5 1,604,139 3.91% 114,716 U.S. Treasury 2,715,000 10/31/2027 4.240% 5 483,505 3.81% 34,577 U.S. Treasury 3,160,000 10/31/2027 4.240% 5 535,889 3.63% 38,323 U.S. Treasury 3,450,000 1/31/2028 4.190% 5 622,360 3.66% 42,229 February 28, 2023
Earnings to
Maturity
#10..
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Attachment 4
City of Modesto - Portfolio Holdings and Earnings Projections Issuer Par Maturity Date Current Yield
Years to
Maturity
Expected Earnings
Rate to June 30, 2023
Expected Earnings to
June 30, 2023
February 28, 2023
Earnings to
Maturity
Commercial Paper
LMA Americas LLC 10,270,000 5/9/2023 4.950% 0 94,667 4.74% 162,783 Natixis NY Branch 10,365,000 7/3/2023 5.100% 0 182,381 5.14% 178,004 ING Funding LLC 10,290,000 8/4/2023 5.100% 0 227,791 5.15% 177,010 Negotiable CD
Credit Suisse Group 1,850,000 3/17/2023 4.780% 0 505 4.12% 25,459 Toronto-Dominion Bank 3,355,000 10/25/2024 5.450% 2 302,530 5.44% 61,006 Corporate Note
Bank Of America Co 2,010,000 3/5/2023 4.130% 0 223 4.54% 30,474 Toyota Motor Corp 2,230,000 9/20/2023 5.230% 1 45,505 3.65% 27,214 US Bancorp 2,860,000 2/5/2024 5.430% 1 60,801 2.27% 21,689 Pfizer Inc 3,445,000 3/15/2024 5.230% 1 96,690 2.69% 30,961 Amazon.Com Inc 1,590,000 5/12/2024 5.100% 1 9,544 0.50% 2,652 JPMorgan Chase & Co 1,320,000 5/13/2024 5.290% 1 10,297 0.65% 2,855 Wal-Mart Stores Inc 4,000,000 7/8/2024 5.120% 1 118,835 2.19% 29,230 JPMorgan Chase & Co 1,405,000 9/16/2024 2.400% 2 14,227 0.65% 3,067 Paccar Financial Corp 1,810,000 2/6/2025 5.220% 2 50,910 1.45% 8,760 Novartis Capital Corp 2,290,000 2/14/2025 5.090% 2 41,481 0.92% 7,058 Mastercard Inc 1,760,000 3/3/2025 5.060% 2 38,094 1.08% 6,332 Amazon.Com Inc 3,430,000 4/13/2025 4.880% 2 222,555 3.06% 35,035 JPMorgan Chase & Co 865,000 6/1/2025 3.820% 2 16,091 0.82% 2,382 Bristol-Myers Squibb Co 2,230,000 11/13/2025 4.780% 3 57,405 0.95% 7,081 The Bank Of New York Mellon Corporation 3,465,000 1/28/2026 4.820% 3 75,329 0.75% 8,629 Bank Of America Co 2,025,000 4/2/2026 4.880% 3 211,947 3.38% 22,903 Microsoft Corp 3,000,000 8/8/2026 4.740% 3 220,927 2.14% 21,442 Mastercard Inc 2,560,000 11/21/2026 4.860% 4 413,524 4.33% 37,041 Target Corp 365,000 1/15/2027 4.800% 4 28,143 1.99% 2,423 Microsoft Corp 3,000,000 2/6/2027 4.570% 4 479,837 4.06% 40,681 Home Depot Inc 3,610,000 9/14/2027 4.780% 5 682,247 4.16% 50,171 Asset-Backed Securities
Honda Auto Receivables 194,880 4/22/2024 2.190% 1 3,612 1.61% 1,052 Toyota Motor Corp 195,846 5/15/2024 1.990% 1 3,941 1.66% 1,088 Carmax Auto Owner Trust 205,332 12/16/2024 2.430% 2 7,001 1.89% 1,300 Honda Auto Receivables 388,502 4/21/2025 1.620% 2 2,254 0.27% 351 Hyundai Auto Receivables 417,050 9/15/2025 1.660% 3 4,064 0.38% 533 Carmax Auto Owner Trust 253,455 12/15/2025 1.390% 3 2,439 0.34% 291 Toyota Motor Corp 980,000 1/15/2026 2.040% 3 12,198 0.43% 1,415 Carmax Auto Owner Trust 661,109 2/17/2026 1.710% 3 10,307 0.52% 1,159 Hyundai Auto Receivables 465,000 5/15/2026 2.380% 3 11,124 0.75% 1,158 Discover Card Execution Note Trust 775,000 9/15/2026 2.630% 4 16,068 0.58% 1,514 Municipal Securities
California St 2,310,000 10/1/2023 5.270% 1 25,451 1.87% 14,442 Maryland St 620,000 8/1/2024 4.550% 1 4,568 0.52% 1,072 California State University 600,000 11/1/2024 5.030% 2 6,891 0.68% 1,374 State Of California 100,000 12/1/2024 5.120% 2 985 0.56% 187 University Of California 510,000 5/15/2025 4.860% 2 9,957 0.88% 1,505 University Of California 220,000 5/15/2025 4.860% 2 3,923 0.81% 593 Florida State Board of Administration Finance 1,295,000 7/1/2025 5.310% 2 38,120 1.26% 5,446 Florida State Board of Administration Finance 505,000 7/1/2025 5.310% 2 13,070 1.11% 1,867 Los Angeles Community College District 925,000 8/1/2025 4.780% 2 17,338 0.77% 2,390 New Jersey Turnpike Authority 505,000 1/1/2026 4.870% 3 15,037 1.05% 1,767 Supranational Securities
Intl Bank Of Reconstruction And Dev 1,790,000 11/24/2023 5.170% 1 4,249 0.32% 1,927 Inter-American Development Bank 4,095,000 9/23/2024 5.090% 2 33,743 0.52% 7,184 Overnight Investments 47,169,689 Varies Varies 4.65% 732,616 Totals (Main Portfolio) 453,809,828 20,040,990 2.52% 3,822,047 Notes:

1. Earnings projections are based on stated par value, future market expectations and current investment positions.

2. Earnings on overnight investments are based on the investment balances and the Fed Funds Futures rates.

3. Callable securities priced above par are considered to be called on their next call date. #10..
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Attachment 5
Issue Name / Type Trustee Bank Investment Total Amount
1993 Community Center Refinancing U.S. Bank First American Treasury Obligation Fund $1,715,975.69 1993 Golf Course Refinancing U.S. Bank First American Treasury Obligation Fund $511,621.46 Instl Res Tre and Agny Cash Adv6541 $265,746.00
Financial Guaranty Insurance Pol $1.00
CAMP $1,972,188.42
Total $2,237,935.42
Instl Res Tre and Agny Cash Adv6541 $248,634.82
CAMP $4,878,977.10
Total $5,217,732.13
2018 Wastewater Refunding Bank of New York Fidelity Inv MM Trsy Only $22.65 Fairview Village Refunding US Bank First American Government $265,453.02 Blackrock Federal Fund Instl 30 $531,028.31
CAMP $2,793,344.35
Total $3,324,372.66
PCE Litigation Bank of America Business Interest Maximizer $491,989.28 Water ARRA Grants Bank of the West Business Money Market $36,289.42 Other Post Employment Benefits Section 115
Trust PARS HighMark Plus Moderate $1,417,752.81
Pension Section 115 Trust PARS HighMark Plus Moderately Conservative $2,526,470.74 Athens Administrators (New Third Party
Administrator - Worker's Compensation) Wells Fargo Bank $793,802.25 George Hills Company - General Liability Claims
Administration Services California Bank & Trust $52,766.44 Kemper Sports Management Inc. BMO Harris Bank Business Money Market $28,524.61 Stanislaus Community Foundation Modesto Commerce Bank Charles Schwab $710,594.12 California Bank of
Commerce $3,362,166.70
Columbia Bank $305,276.31
Banner Bank $19,282.55
Village One #2 Refunding Bank of New York
Third-Party Construction Contract Retention
Cash with Fiscal Agent Investments
As of February 28, 2023
2008 Water Refunding COP Bank of New York
2008 Lease Revenue Bonds Bank of New York
#10..
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CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

May 2, 2023
Date: April 10, 2023
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: Alan Ernst, Fire Chief
SUBJECT: Type II Dozer Purchase
CONTACT: Alan Ernst, Fire Chief, [email protected] , 209-572-9590 DESCRIPTION:

Consider approving the purchase of a Type II Dozer with Holt of California, CA for a total amount not to exceed $307,189. (Funding Source: General Fund) STRATEGIC PLAN ELEMENT:

This action supports the City of Modesto 2020-2025 Strategic Plan focus on quality of life under Goal A: Improve Community Safety.

BACKGROUND:

After researching and reviewing a number of options to enhance the Fuel Reduction Program, the Modesto Fire Department (MFD) is seeking authorization for the purchase of a Caterpillar, Inc. (CAT) D1 Mulcher/Dozer. The Fuel Reduction Program reduces fire hazards and risks by creating a break in fuel continuity that can modify future wildfire behavior and improve protection efforts. This program is also managed by agencies such as CalFire, Sonoma County, Los Angeles County, Ventura County and Kern County with similar success as MFD.

The requested CAT D1 Mulcher is a dedicated mulching machine which gives us a needed balance between mulching, fire break construction and fire suppression. The CAT D1 Mulcher is also a CalFire specification and would be recognized as a Type II Dozer in the State system (Interagency Resource Ordering Capability - IROC). The CAT D1 Mulcher is outfitted with full screens, guards, belly pans, hydraulic winch, fire suppression system and fire curtains. The CAT D1 Mulcher is delivered with an HM518 mulching head, which is a FAE head rebranded with CAT (we currently run FAE), as well as a 104” blade.

DISCUSSION:

The plan is to run the mulching head during the winter and spring months for fuel reduction projects, and then switch over to the blade for the summer months for fire suppression and fire #11..
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City Council, May 2, 2023
Type II Dozer Purchase

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break construction. This equipment will assist with the ongoing efforts of vegetation management, which ultimately reduces the risk of wildfires. Since our implementation of the Fuel Reduction Program, our vegetation management during the off-season has reduced time spent on calls related to vegetation fires, especially in the Tuolumne River Regional Park and surrounding areas. We have utilized a Kubota SVL95 Skidsteer which we own, and a Primetech PT175 which we rented from Parks, with roughly 300 hours of management. In addition to reducing the risk of wildfires, our efforts with vegetation management will help protect homes and other structures against wildfires, as well as reduce the risk of air pollution by utilizing equipment such as a Type II Dozer rather than conducting controlled burns. Currently, the City of Modesto does not have a piece of equipment with the same capabilities as what we are requesting.

On April 2023, the City Manager authorized the Purchasing Manager to solicit the procurement for purchase of a Type II Dozer. Sourcewell issued Contract # 032119-CAT for heavy construction equipment with related accessories, attachments and supplies which was publicly advertised through New York State Contract Reporter, the State Media Company, Utah Media Group, and the Daily Journal of Commerce Oregon. On March 22, 2019, proposals were opened at Sourcewell Headquarters in Staples MN. Fifteen (15) proposals were received and based on the evaluation criteria1, nine (9) proposals were awarded for this commodity which includes the Type II Dozer. Based on the responsible and responsible proposer offering the best quality, service and pricing, City staff recommends to award to Holt of California, CA to purchase Type II Dozer for an amount not to exceed $307,189.

Sourcewell is a cooperative agency which streamlines the procurement process by developing Request for Bids (RFB)s or Request for Proposals (RFP)s for national competitive solicitations that meet or exceed local requirements. The competitive process is continually refined to best meet agency needs and allows Sourcewell to offer exceptional products from nationally acclaimed vendors.

Modesto Municipal Code Section 8-3.203 generally requires all purchases that meet or exceed $50,000 for material, equipment or contractual services to be formally bid. However, exceptions to the formal bidding process are granted in MMC 8-3.204(d) “Where the Purchasing Manager, in her discretion, determines that a process other than the formal bid procedure set for in Section 8-3.203 will result in a procurement for the City at the lowest possible cost commensurate with the desired quality.” In addition, MMC 8-3.202(h) encourages the Purchasing Manager to join with the State of California or other units of government in cooperative purchasing plans when the best cost savings interest of the City would be served.

By utilizing the Sourcewell, the City is complying with the requirements defined under this code for the purchase of the Type II Dozer.

FISCAL IMPACT:

The anticipated cost of $307,189 will be split between the Fire Department and Parks, Recreation, and Neighborhoods (PRN) Department. This is fully budgeted within the current 2022-2023 Fiscal Year General Fund from the Cost Centers shown below. 1 Company Information and Financial Strength, Industry Requirements and Marketplace Success, Ability to Sell and Deliver Service Nationwide, Marketing Plan, Value-Added Attributes, Payment Terms and Financing Options, Warranty, Equipment/Product/Services, Pricing and Delivery and Industry Specific Questions.
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City Council, May 2, 2023
Type II Dozer Purchase

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Cost Center Amount
MFD: 0100-18610 $153,595
PRN: 0100-35220-53105 $153,594
A separate purchase of a truck to transport the Dozer is required at a cost of $25,000 to be paid by MFD.

COMMITTEE RECOMMENDATION:

This item was not presented at the Committee level and was authorized by the City Manager to go straight to Council.

RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Resolution approving Competitive Bidding Process from Sourcewell with Caterpillar Inc, under the authorized dealer Holt of California, CA for a Type II Dozer for a total amount not to exceed $307,189; and authorizing the Purchasing Manager, or her designee, to issue the Purchase Order.

Approved by:

Alan Ernst, Fire Chief
Joseph P. Lopez, City Manager
Attachments:

1. Resolution

2. Quote – Holt of California

3. Scoring Abstract
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05/02/2023/Fire/AErnst/Item XX 1 2023-XX

MODESTO CITY COUNCIL
RESOLUTION NO. 2023-XX

RESOLUTION APPROVING COMPETITIVE BIDDING PROCESS FROM

SOURCEWELL WITH CATERPILLAR INC, UNDER THE AUTHORIZED

DEALER HOLT OF CALIFORNIA, CA FOR A TYPE II DOZER FOR A TOTAL AMOUNT NOT TO EXCEED $307,189; AND AUTHORIZING THE

PURCHASING MANAGER, OR HER DESIGNEE, TO ISSUE THE PURCHASE ORDER
WHEREAS, after researching and reviewing a number of options to enhance the Fuel Reduction Program, the Modesto Fire Department is seeking authorization for the purchase of a CAT D1 mulcher/Dozer; and
WHEREAS, the Fuel Reduction Program reduces fire hazards and risks by creating a break in fuel continuity that can modify future wildfire behavior and improve protection efforts. This program is also managed by agencies such as CalFire, Sonoma County, Los Angeles County, Ventura County and Kern County with similar success as MFD.; and
WHEREAS, the requested CAT D1 Mulcher is a dedicated mulching machine which gives us a needed balance between mulching, fire break construction and fire suppression; and
WHEREAS, the CAT D1 Mulcher is also a CalFire specification and would be recognized as a Type II Dozer in the State system (Interagency Resource Ordering Capability - IROC). The CAT D1 Mulcher is outfitted with full screens, guards, belly pans, hydraulic winch, fire suppression system and fire curtains. The CAT D1 Mulcher is delivered with an HM518 mulching head, which is an FAE head rebranded with CAT (we currently run FAE), as well as a 104” blade; and
#11..
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05/02/2023/Fire/AErnst/Item XX 2 2023-XX
WHEREAS, this equipment will assist with the ongoing efforts of vegetation management, which ultimately reduces the risk of wildfires; and WHEREAS, since the implementation of the Fuel Reduction Program, the City’s vegetation management during the off-season has reduced time spent on calls related to vegetation fires, especially in the Tuolumne River Regional Park and surrounding areas.

The Department has utilized its Kubota SVL95 Skidsteer, and a Primetech PT175, rented from Parks, with roughly 300 hours of management; and
WHEREAS, in addition to reducing the risk of wildfires, our efforts with vegetation management will help protect homes and other structures against wildfires, as well as reduce the risk of air pollution by utilizing equipment such as a Type II Dozer rather than conducting controlled burns. Currently, the City of Modesto does not have a piece of equipment with the same capabilities as what is being requested; and WHEREAS, Modesto Municipal Code Section 8-3.204 generally requires all purchases, in excess of fifty thousand dollars ($50,000) to follow formal bid procedures.

However, MMC 8-3.204(b) provides that a purchase may be exempted from the City’s formal bidding requirement where the Purchasing Agency’s requirements can be met solely by a single article or process. It has been determined that Holt of California would be exempt from the formal bidding procedure in accordance with Modesto Municipal Code 8-3.204(b) since Holt of California is able to fully meet department specifications and be recognized by the State as a Type II Dozer. Therefore, this purchase qualifies for exemption from the formal bidding procedures; and
#11..
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05/02/2023/Fire/AErnst/Item XX 3 2023-XX
WHEREAS, the anticipated cost of $307,189 will be split between the Fire Department and Parks, Recreation, and Neighborhoods (PRN) Department. This is fully budgeted within the current 2022-2023 Fiscal Year General Fund.

NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Modesto that it hereby approves the purchase of a Type II Dozer with Holt of California, CA for a total amount not to exceed $307,189.

BE IT FURTHER RESOLVED that the Purchasing Manager, or her designee, is hereby authorized to execute the purchase order.

The foregoing resolution was introduced in a regular meeting of the Council of the City of Modesto held on the 2nd day of May 2022, by Councilmember ________, who moved its adoption, which motion being duly seconded by Councilmember ______, was upon roll call carried and the resolution adopted by the following vote:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

ATTEST: _____________________________
DIANE NAYARES-PEREZ, City Clerk
(SEAL)
APPROVED AS TO FORM:

BY: _______________________________________
JOSE M. SANCHEZ, City Attorney
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Quote 146466-01

Page 1 of 3 ends

Mar 29, 2023

CITY OF MODESTO FIRE DEPARTMENT
Account # 009963

FIRE DEPARTMENT
PO BOX 642
MODESTO, California 95353
Attention: CHRIS STEFFEN
New Caterpillar Model: D1 Track Type Tractors with all standard equipment in addition to the additional specifications listed below:

STOCK NUMBER: M23835 SERIAL NUMBER: 0XKF04147 YEAR: 2023 SMU: 0

ADDITIONAL SPECIFICATIONS
Reference # Description of Material and Equipment Reference # Description of Material and Equipment 630-7868 D1 12A TRACTOR FTO15.1 559-5727 SEAT, CLOTH
250-1699 SCREEN, SIDE 572-5116 D1 12A MULCHER TRACTOR
250-1699 SCREEN, SIDE 589-7697 HYDRAULICS, 4 VALVE, MULCHER 368-0110 TRACK, 16'', MS, SALT 590-0678 FAN, REVERSING
379-4986 GUARD,TRK GUIDING,CENTER,SALT 590-8710 CONTROL, PITCH, MULCHER 393-4250 SCREEN, REAR, CAB 590-8770 MULCHER AR - HM518
394-1851 LIGHTS, 6 590-8886 COOLER, HIGH DEBRIS
397-4288 GUARD GP, REAR 591-6935 GUARD, BELLY, FRONT, MULCHER 397-4326 UNDERCARRIAGE, SALT 558-8529 ENGINE, CAT C3.6
397-4341 SWEEPS, FRONT 558-8582 INSTRUCTIONS, ANSI
397-4342 SWEEPS, REAR 510-6255 WINCH AR, RETRIEVAL
550-6018 AIR CLEANER W/PRECLEANER 421-8926 SERIALIZED TECHNICAL MEDIA KIT 550-6040 GRILL, RADIATOR, HD, HINGED 595-1525 WRAP, A/T 551-2972 PROD LINK, PLE643/PLE743 RADIO 590-9289 ATHENS DEALER PDI & FUEL 551-2980 STANDARD RADIO (12V) 0P-4299 PACKING, LAST MILE PROGRAM 552-3241 TENSIONER, FIRE TRACTOR 0P-9003 LANE 3 ORDER
552-3246 HEATER, ENGINE COOLANT (120V) 545-9984 ENGINE AR-PRIM SN:J3656419 552-3248 STARTING AID, ETHER 397-4266 BLADE, 104.2''
557-1400 GUARD, BELLY, HD 0P-7133 PACK, BLADE FOR MISC ORDER 558-8549 CAB, ROPS, POLYCARBONATE FIRE CURTAINS
558-8550 SOUND SUPPRESSION, OMISSION AFEX FIRE SUPPRESSION SYETEM 558-8569 PREM DISPLAY W/CAMERA, NON-ARO

WARRANTY INFORMATION
Standard Warranty: 12 months / unlimited hours
Extended Warranty: D1-48 MO/4500 HR POWERTRAIN + HYDRAULICS + TECH CSA Dry Parts Kit - 24 MO/1000 HR, Dry Parts Kit - 24 MO/1000 HR #11..
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Quote 146466-01

Page 2 of 3 ends

LIST PRICE $357,350.00
SOURCEWEL DISCOUNT -23% -$82,190.50
BALANCE $275,159.50
WARRANTY $3,449.43
PREP AND LABOR $5,076.08
FIRE CURTAINS/AFEX FIRE SUPPRESSION SYETEM $11,998.02
HOLT OF CALIF DISCONT -$13,535.03
BALANCE $282,148.00
SALES TAX (8.875%) $25,040.64
AFTER TAX BALANCE $307,188.64
#11..
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Quote 146466-01

Page 3 of 3 ends

STANDARD EQUIPMENT
POWERTRAIN -Caterpillar C3.6 diesel engine -Turbocharged-aftercooled (TA) -Aluminum bar plate cooling system -(radiator, powertrain)
ELECTRICAL -Diagnostic connector -Starter electric 12V heavy duty OPERATOR ENVIRONMENT -ROPS/FOPS canopy -Seat,air suspended, cloth or vinyl -Seatbelt, hi-vis retractable 76mm(3'') - ELECTRICAL -1000 CCA. -Batteries,heavy duty, maintenance free, -6 work light package -Horn, electric -Alarm, backup -Alternator,150 amp,heavy duty
HYDRAULICS -Stable blade control -Hydraulic pump and oil -Single lever, three function control -3 valve hydraulics UNDERCARRIAGE -Guards, front/rear guiding -Track adjusters, hydraulic -Carrier rollers -Track rollers, lifetime lubricated -6 roller track frame -Salt undercarriage ( 43 - section )
POWERTRAIN -Automatic traction control -Fuel/water separator -Electric fuel pump -transmission -Dual path, closed-loop, hydrostatic -intake -automatic dust ejection and under-hood -Radial air cleaner with precleaner, OPERATOR ENVIRONMENT -Seatbelt buckling indicator/reminder -settings -Speed recall -Powerport, 12 volt -Coat hook -Storage compartment -Cup holders -Floor mat, rubber, heavy duty FLUIDS -Antifreeze, extended life coolant (-37C) -HYDO-advanced hydraulic oil (10W) OTHER STANDARD EQUIPMENT -C-frame, variable pitch link, -Hydraulic cylinders and lines -Engine enclosures -Front pull device -Rigid drawbar -Ecology drains (engine, powertrain and -implement oil, and engine coolant) -Scheduled oil sampling ports (engine, -powertrain implement oil) -Vandalism protection -Heavy duty crankcase guard -Heavy duty front grill OPERATOR ENVIRONMENT -on monitor -Foot pads, dash -Electronic monitoring system -with gauge for: --Engine coolant temperature --Hydraulic oil temperature --Fuel level --Diesel exhaust fluid (DEF) --Chassis slope indication -Travel speed limiter, electronic -Engine RPM and gear display -Hour meter, electronic -Engine air cleaner service indicator -Electronic security system -Water-in-fuel indicator, electronic -Throttle switch, rotary -ECO mode -Controls, seat mounted, fore/aft -adjustment -Armrests, adjustable -Mirror, rearview, inside -Single pedal combining deceleration and -braking functions -Independent forward/reverse speed This quote is good for (30) days. Any machine quoted outside of HOLT of CALIFORNIA's inventory is subject to revision All quotes are subject to credit approval and prior sale. Any quoted interest rates are subject to change without notice. Quote is void unless machine is delivered, and remains, within HOLT of CALIFORNIA's Dealership territory for two years or unless the machine has at least 1000 hours if delivered outside of Holt's territory.

THE ADDITIONAL TERMS AND CONDITIONS ON THE REVERSE SIDE ARE PART OF AND INCORPRORATED IN THIS AGREEMENT. THIS AGREEMENT SHALL NOT BE CONSIDERED ENFORCEABLE UNTIL ACCEPTED BY HOLT AND EXECUTED BY ITS OFFICE. ANY INDIVIDUAL SIGNING THIS AGREEMENT REPRESENTS AND WARRANTES THAT HE/SHE IS AT LEAST 18 YEARS OLD AND HAS THE AUTHORITY TO BIND CUSTOMER TO THE TERMS OF THE AGREEMENT.

Accepted by DS_CustPrintName Date, ds-dt1
__________________________________ ___________________
(Please Print)
Signature CustomerSign
__________________________________________________

Sincerely,
David Espindula
Territory Manager
Holt of California
[email protected]
Cell: (209) 321-8365
#11..
- 374 -
RFP # 032119
BOMAG Americas, Inc. Caterpillar Inc. CNH Industrial America LLC Doosan Infracore North
America, LLC Dynapac North America LLC
Grove U.S. L.L.C. (dba
Manitowoc)
Hyundai Construction
Equipment Americas, Inc.

Possible Points
Conformance to Terms/ Conditions to Include Documentation 50 40 46 44 37 34 41 40 Pricing 400 352 359 321 313 346 347 353
Financial, Industry and Marketplace Successes 75 64 70 68 61 60 66 59 Bidder's Ability to Sell/ Service Contract Nationally 100 82 92 89 78 83 84 79 Bidder's Marketing Plan 50 37 44 44 38 39 42 39
Value Added Attributes 75 56 70 66 56 62 60 65
Warranty Coverages and Information 50 42 45 44 39 39 41 46 Selection and Variety of Products and Services Offered 200 159 186 176 156 154 159 168 Total Points 1000 832 912 852 778 817 840 849Rank Order 8 1 512 1076 John Deere Construction
Retail Sales
Kobelco Construction
Machinery USA, Inc. Komatsu America Corp. Link Belt Cranes Roadtec, Inc Volvo Construction Equipment
North America, LLC Wirtgen America, Inc.

Possible Points
Conformance to Terms/ Conditions to Include Documentation 50 42 37 43 34 41 43 41 Pricing 400 344 264 345 342 313 337 320
Financial, Industry and Marketplace Successes 75 66 52 63 66 60 68 64 Bidder's Ability to Sell/ Service Contract Nationally 100 91 74 90 82 72 91 84 Bidder's Marketing Plan 50 41 46 44 40 36 45 38
Value Added Attributes 75 67 62 67 65 59 70 63
Warranty Coverages and Information 50 43 42 44 42 36 44 40 Selection and Variety of Products and Services Offered 200 181 151 177 160 156 180 157Total Points 1000 875 728 873 831 773 878 807 Rank Order 314 4 913 211
________________________________________ _________________________ __________________________ James Voelker, CPCM, CFCM, Sourcewell Greg Grunig, Sourcewell           Carol Jackson, Sourcewell ______________________________________ ________________________ Michael Munoz, Sourcewell Craig West, Sourcewell
Form G
HEAVY CONSTRUCTION EQUIPMENT WITH RELATED ACCESSORIES, ATTACHMENTS, AND SUPPLIES DocuSign Envelope ID: BF761C4D-7D5B-4B3C-947E-209599537EE6 #11..
- 375 -

CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

May 2, 2023
Date: April 12, 2023
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: Alan Ernst, Fire Chief
SUBJECT: Application for the FY 23/24 Cal Fire VFC Grant CONTACT: Alan Ernst, Fire Chief, [email protected], 209-572-9590 DESCRIPTION:

Consider approving the submission of an application for the Fiscal Year 2023-2024 Cal Fire Volunteer Fire Capacity (VFC) Program Grant, in a total amount not to exceed $40,000, which includes a 50% local match, for the Procurement of Wildland Firefighting Equipment. (Funding Source: General Fund)
STRATEGIC PLAN ELEMENT:

This action supports the City of Modesto 2020-2025 Strategic Plan focus on quality of life under Goal A: Improve Community Safety.

BACKGROUND:

The Fiscal Year 2023-2024 Cal Fire Volunteer Fire Capacity (VFC) Program is a federally funded grant program that provides local and rural fire departments with funding for minor firefighting, training, communications, and safety equipment. The VFC Grant Program provides financial assistance directly to eligible fire departments for critical training and equipment.

DISCUSSION:

The Modesto Fire Department is seeking authorization to submit a grant application for the Fiscal Year 2023-2024 Cal Fire Volunteer Fire Capacity Program Grant in an amount that will not exceed $40,000, which includes a 50% local match of funds. If the department’s application is accepted, the intention would be to purchase new wildland firefighting equipment in order to replace aging and outdated wildland equipment that is no longer in service or does not meet current standards. The deadline to apply for this grant is May 4, 2023.

FISCAL IMPACT:

There is a 50% required local match for the Cal Fire VFC Program Grant. The grant application maximum amount is $20,000 which would require a $20,000 local match. The department would fund the match within its adopted budget. Due to the need of replacing critical firefighting #12..
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City Council, May 02, 2023
Application for the FY 23/24 Cal Fire VFC Grant

Page 2 of 2 ends

equipment, the department would prioritize funding within existing budget for the match. The equipment identified in this grant application has been identified as needing replacement.

Without this grant, the Fire Department would bear the cost of the full $40,000.

COMMITTEE RECOMMENDATION:

This item was presented to the Safety and Communities Committee on April 10, 2023 and was recommended to forward to Council for approval.

RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Resolution approving the submission of an application for the Fiscal Year 2023-2024 Cal Fire Volunteer Fire Capacity (VFC) Program Grant, in a total amount not to exceed $40,000, which includes a 50% local match, for the Procurement of Wildland Firefighting Equipment.

Approved by:

Alan Ernst, Fire Chief
Joseph P. Lopez, City Manager
Attachments:

1. Resolution

2. Grant Application Pre-Approval Form
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05/02/2023/Fire/AErnst/Item XX 1 2023-XX

MODESTO CITY COUNCIL
RESOLUTION NO. 2023-XXX

RESOLUTION APPROVING THE SUBMISSION OF AN APPLICATION FOR THE FISCAL YEAR 2023-2024 CAL FIRE VOLUNTEER FIRE CAPACITY (VFC) PROGRAM GRANT, IN A TOTAL AMOUNT NOT TO EXCEED $40,000, WHICH INCLUDES A 50% LOCAL MATCH, FOR THE PROCUREMENT OF

WILDLAND FIREFIGHTING EQUIPMENT
WHEREAS, the Fiscal Year 2023-2024 Cal Fire Volunteer Fire Capacity (VFC) Program is a federally funded grant program that provides local and rural fire departments with funding for minor firefighting, training, communications, and safety equipment; and
WHEREAS, the VFC Grant Program provides financial assistance directly to eligible fire departments for critical training and equipment; and WHEREAS, the Modesto Fire Department is seeking authorization to submit a grant application for the Fiscal Year 2023-2024 Cal Fire Volunteer Fire Capacity Program Grant in an amount that will not exceed $40,000, which includes a 50% local match of funds; and
WHEREAS, if the department’s application is accepted, the intention would be to purchase new wildland firefighting equipment in order to replace aging and outdated wildland equipment that is no longer in service or does not meet current standards; and WHEREAS, there is a 50% required local match for the Cal Fire VFC Program Grant. The grant application maximum amount is $40,000 which would require a $20,000 local match; and
WHEREAS, due to the need of replacing critical firefighting equipment, the department would prioritize funding within existing budget for the match; and

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05/02/2023/Fire/AErnst/Item XX 2 2023-XX
WHEREAS, without this grant the Fire Department would bear the cost of the full $40,000.

NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Modesto that it hereby approves the submission of an application for the Fiscal Year 2023-2024 Cal Fire Volunteer Fire Capacity (VFC) Program Grant, in an amount that will not exceed $40,000, which includes a 50% local match, for the procurement of wildland firefighting equipment.

The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the 2nd day of May, 2023, by Councilmember ?, who moved its adoption, which motion being duly seconded by Councilmember ?, was upon roll call carried and the resolution adopted by the following vote:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

ATTEST:

DIANE NAYARES- PEREZ,
City Clerk
(SEAL)
APPROVED AS TO FORM:

BY: ________________________________
JOSE M. SANCHEZ, City Attorney
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CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

May 2, 2023
Date: April 11, 2023
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: Laurie A. Smith, Director of Parks, Recreation and Neighborhoods Department SUBJECT: Dr. Martin Luther King Jr. Park Renovation Design Award CONTACT: Nathan Houx, Parks Planning and Development Manager, [email protected], 209-571-5526
DESCRIPTION:

Consider approving an Agreement with Callander Associates Landscape Architecture Inc. to prepare construction documentation for the Dr. Martin Luther King Jr. Park Renovation Project for a total amount not to exceed $753,419. (Funding Source: Proposition 68 – California Statewide Park Program)
STRATEGIC PLAN ELEMENT:

This item is consistent with the following 2020-2025 Strategic Plan Areas of Focus: Quality of Life and Governance and Service Delivery.

BACKGROUND:

Dr. Martin Luther King Jr. Park, formally known as Mellis Park, is an approximately 9-acre City owned park site located in the heart of a diverse urban community in West Modesto. Within Dr.

Martin Luther King Jr. Park is the existing King-Kennedy Memorial Center which has been open and available for public use since 1969. The Center includes an auditorium, commercial kitchen, offices and meeting room. Existing recreation amenities at the park include a school age playground, tot lot playground, basketball courts, barbeque pavilion, horseshoe pit and baseball fields.

In 2019, through a series of public meetings, the community aided in the development of a new Concept Master Plan for the Dr. Martin Luther King Jr. Park. On December 9, 2021, the Concept Master Plan was awarded $8,500,000 of Proposition 68 – California Statewide Park Program, Round 4 Funding for professional design consultant activities and construction. #13..
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City Council, May 2, 2023
Dr. Martin Luther King Jr. Park Renovation Design Award

Page 2 of 3 ends

DISCUSSION:

The Dr. Martin Luther King Jr. Park Renovation Project is a complete re-design of the existing park site and will include: a gymnasium addition, with an indoor basketball court, adjacent to the existing community center, outdoor fitness stations, splash pad, game board tables, ping pong table, outdoor stage with a events plaza, lighted baseball field, lighted soccer field, basketball court, accessible exercise walking path, benches, prefabricated restroom building, water efficient irrigation system, native and drought tolerant landscaping, storm water control methods, overall improved park lighting & security cameras, and new accessible parking lots for use during community events.

In accordance with Administrative Directive 3.1, “Selection Procedures for Professional Consultants Who Provide Architectural & Engineering for Capital Projects”, staff initiated a Request for Qualifications and Proposals (RFQ/P) to perform Professional Design Consulting Services.

On December 21, 2022, the City’s Parks Planning and Development Division issued a Request for Proposals (RFP) #PRN-22-01 for professional design consulting services for the Dr. Martin Luther King Jr. Park Renovation Project. On January 24, 2023, staff received four (4) consultant proposals. A consultant selection committee was formed and after a thorough review of the RFP responses, the committee invited all four of the respondents to attend a formal interview on February 28, 2023. Following the interviews, the committee determined that Callander Associates Landscape Architecture Inc., is the most qualified to design the Dr. Martin Luther King Jr. Park Renovation Project.

Based on the results of the RFP, staff recommends Council approve an Agreement with Callander Associates Landscape Architecture Inc, in the amount of $684,927 to design the Dr. Martin Luther King Jr. Park Renovation Project.

In addition, staff recommends Council approve a 10% additional services budget in the amount of $68,492 to allow for additional services that may be required due to unforeseen conditions, delays or expenses for an Agreement total not to exceed $753,419. This additional services budget does not commit the city to spend the additional funding, but allows the Department Director to approve change orders up to the additional services limit, without further council action.

In accordance with Modesto Municipal Code 8-3.204(a) Exceptions to Formal Bidding Requirements, this Agreement is for professional services and, therefore, exempt from the bid requirement. However, staff proceeded with the RFP process pursuant to Administrative Directive 3.1.

FISCAL IMPACT:

Funding for this project is budgeted in CIP Project 101382 – Dr. MLK Jr. Park Renovation Project located in the Capital Grants – CIP Projects Fund (3140). The Agreement with Callander Associates Landscape Architecture Inc. will be paid out of the Engineering/Design/Admin budget as outlined in the estimated project budget below. #13..
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City Council, May 2, 2023
Dr. Martin Luther King Jr. Park Renovation Design Award

Page 3 of 3 ends

Project Expense Budget:

Engineering/Design/Admin/Permitting (Design) $ 900,000
Other Costs $ 7,600,000
CURRENT ESTIMATED PROJECT BUDGET $ 8,500,000
Project Revenues Budget:

Proposition 68 – California Statewide Park Program $ 8,500,000 Total Revenue $ 8,500,000
COMMITTEE RECOMMENDATION:

This item was reviewed by the Safety and Communities Committee on April 10, 2023, and the Committee recommended forwarding the item to Council for approval.

CEQA/NEPA REQUIREMENTS:

Staff has prepared a Statement of Categorical Exemption No. EA/PRN 2019-03 for Dr. Martin Luther King Jr. Park Renovation and the project is exempt from CEQA due to the fact that it is a reconstruction of existing or similar facilities within the same area and for the same purpose with minimal expansion of use compared to the existing park.

RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Resolution approving an Agreement with Callander Associates Landscape Architecture Inc. to prepare construction documentation for the Dr. Martin Luther King Jr. Park Renovation Project for a total amount of $684,927, plus $68,492 for additional services, if needed, for an Agreement total amount not to exceed $753,419, and authorizing the City Manager, or his designee, to execute the Agreement.

Approved by:

Laurie A. Smith, Director of Parks, Recreation and
Neighborhoods Department
Joseph P. Lopez, City Manager
Attachments:

1. Resolution

2. Agreement – Callander Associates Landscape Architecture Inc.

3. Financial Interest Disclosure Form
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05/02/2023/PRN/NHoux/Item XX 1 2023-XXX

MODESTO CITY COUNCIL
RESOLUTION NO. 2023-

RESOLUTION APPROVING AN AGREEMENT WITH CALLANDER ASSOCIATES LANDSCAPE ARCHITECTURE INC. TO PREPARE CONSTRUCTION
DOCUMENTATION FOR THE DR. MARTIN LUTHER KING JR. PARK
RENOVATION PROJECT FOR A TOTAL AMOUNT OF $684,927, PLUS $68,492 FOR

ADDITIONAL SERVICES, IF NEEDED, FOR AN AGREEMENT TOTAL AMOUNT NOT TO EXCEED $753,419, AND AUTHORIZING THE CITY MANAGER, OR HIS

DESIGNEE, TO EXECUTE THE AGREEMENT
WHEREAS, in 2019, through a series of public meetings, the community aided in the development of a new Concept Master Plan for the Dr. Martin Luther King Jr. Park; and WHEREAS, on December 9, 2021, the Concept Master Plan was awarded $8,500,000 of Proposition 68 – California Statewide Park Program, Round 4 Funding for professional design consultant activities and construction; and
WHEREAS, the Dr. Martin Luther King Jr. Park Renovation Project is a complete redesign of the existing park site and will include: a gymnasium addition, with an indoor basketball court, adjacent to the existing community center, outdoor fitness stations, splash pad, game board tables, ping pong table, outdoor stage with a events plaza, lighted baseball field, lighted soccer field, basketball court, accessible exercise walking path, benches, prefabricated restroom building, water efficient irrigation system, native and drought tolerant landscaping, storm water control methods, overall improved park lighting & security cameras, and new accessible parking lots for use during community events; and
WHEREAS, in accordance with Administrative Directive 3.1, “Selection Procedures for Professional Consultants Who Provide Architectural & Engineering for Capital Projects”, staff initiated a Request for Qualifications and Proposals (RFQ/P) to perform Professional Design Consulting Services; and
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05/02/2023/PRN/NHoux/Item XX 2 2023-XX
WHEREAS, on December 21, 2022, the City’s Parks Planning and Development Division issued a Request for Proposals (RFP) #PRN-22-01 for professional design consulting services for the Dr. Martin Luther King Jr. Park Renovation Project; and WHEREAS, on January 24, 2023, staff received four (4) consultant proposals and a consultant selection committee was formed; and
WHEREAS, after a thorough review of the RFP responses, the committee invited all four of the respondents to attend a formal interview on February 28, 2023; and WHEREAS, following the interviews, the committee determined that Callander Associates Landscape Architecture Inc., is the most qualified to design the Dr. Martin Luther King Jr. Park Renovation Project; and
WHEREAS, staff recommends Council approve an agreement with Callander Associates Landscape Architecture Inc, in the amount of $684,927 to design the Dr. Martin Luther King Jr.

Park Renovation Project; and
WHEREAS, staff recommends Council approve a 10% additional services budget in the amount of $68,492 to allow for additional services that may be required due to unforeseen conditions, delays or expenses for an agreement total not to exceed $753,419; and WHEREAS, this additional services budget does not commit the city to spend the additional funding, but allows the Department Director to approve change orders up to the additional services limit, without further council action; and WHEREAS, in accordance with Modesto Municipal Code 8-3.204(a) Exceptions to Formal Bidding Requirements, this agreement is for professional services and, therefore, exempt from the bid requirement; however, staff proceeded with the RFP process pursuant to Administrative Directive 3.1.
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05/02/2023/PRN/NHoux/Item XX 3 2023-XX
NOW, THEREFORE BE IT RESOLVED, by the Council of the City of Modesto that it hereby approves an Agreement with Callander Associates Landscape Architecture Inc. to prepare construction documentation for the Dr. Martin Luther King Jr. Park Renovation Project for a total amount of $684,927, plus $68,492 for additional services, if needed, for an Agreement total not to exceed $753,419.

BE IT FURTHER RESOLVED that the City Manager, or his designee, is authorized to execute the agreement, in a form approved by the City Attorney.

The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the 2nd day of May, 2023, by Councilmember , who moved its adoption, which motion being duly seconded by Councilmember , was upon roll call carried and the resolution adopted by the following vote:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

ATTEST: _____________________________

DIANE NAYARES-PEREZ, CMC,
City Clerk
(SEAL)
APPROVED AS TO FORM:

BY: ________________________________
JOSE M. SANCHEZ, City Attorney
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STANDARD AGREEMENT FOR CONSULTANT SERVICES FOR DR. MARTIN LUTHER KING JR. PARK RENOVATION PROJECT
THIS AGREEMENT, made and entered into in the City of Modesto, State of California, this ______ day of _________, 2023, (“Effective Date”) by and between the CITY OF MODESTO, a municipal corporation of the State of California, hereinafter referred to as "City", and CALLANDER ASSOCIATES LANDSCAPE ARCHITECTURE, INC., a California corporation, hereinafter referred to as "Consultant".

This Agreement is made with regard to the following recitals:

A. The City has determined that construction documentation should be prepared; Professional Design Consulting Services are needed for the Dr. Martin Luther King Jr. Park Renovation Project.

B. Consultant represents that it is qualified, willing and able to provide the services to prepare said document(s).

NOW, THEREFORE, in consideration of this agreement, and the mutual promises, covenants, and stipulations hereinafter contained, the parties agree as follows:

1. SCOPE OF SERVICES.

Consultant shall undertake and complete the preparation of the scope of work as set forth and described in the documents attached hereto and referred to as Exhibit "A" or "project". The Consultant shall perform the services as described in Exhibit "A" in a manner compatible with the standards of its profession, and shall produce a fully complete project that is acceptable to City.
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2. TERM OF AGREEMENT.

This Agreement is effective as of the date first written above and will continue in effect until City's acceptance of and payment for all services authorized by City and performed by Consultant, unless terminated earlier in accordance with the provisions of the termination clause in this Agreement.

Consultant shall undertake and complete the preparation of the scope of work as set forth and described in the documents commonly referred to as “project” attached hereto as Exhibit "A" and made a part hereof. City hereby gives Consultant notice to proceed with the preparation of the project in the manner described in Exhibit "A", as of the Effective Date of this agreement. Consultant shall diligently proceed with the Professional Design Consulting Services of the Project until the completion of items shown in Exhibit “A”.

3. COMPENSATION.

Consultant agrees to accept a sum not to exceed $684,927 (maximum compensation) as full remuneration for performing all services and furnishing all staffing and materials in accordance with Exhibit "A" attached hereto and for performance by Consultant of all of its duties and obligations under this Agreement, except that additional services may be compensated as described below.

The Compensation shall be paid pursuant in the manner and at the times set forth below:

City shall pay Consultant on a time and materials basis for Consultant’s actual costs for all work called for in Exhibit “A” to this Agreement. All work to be performed under this Agreement shall be billed at the hourly rates set forth in Exhibit “B” attached hereto, Consultant shall submit monthly invoices to City which include detailed tasks, hours worked, #13..
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and billable rates for all work completed, and detailed receipts for any out-of-pocket costs paid by Consultant in connection with work performed on this project.

No retainage will be withheld by City from progress payments due the Consultant. Retainage by the Consultant or subconsultants is prohibited, and no retainage will be held by the Consultant from progress due subconsultants. Any violation of this provision shall subject the violating Consultant or subconsultants to the penalties, sanctions, and other remedies specified in Section 7108.5 of the California Business and Professions Code. This requirement shall not be construed to limit or impair any contractual, administrative, or judicial remedies, otherwise available to the Consultant or subconsultant in the event of a dispute involving late payment or nonpayment by the Consultant or deficient subconsultant performance, or noncompliance by a subconsultant. This provision applies to both DBE and non-DBE Consultants and subconsultants.

Reimbursable Expenses including all printing and reproduction, travel, vehicle mileage, delivery and horticultural soils samples expenses will be billed at cost plus 15%.

The total cost for all reimbursable expenses for the Project shall not exceed $26,965, and is included in the not exceed figure of $684,927. It is the responsibility of the Consultant to manage reimbursable expenses to ensure that they do not exceed this budget. Reimbursable expenses shall be invoiced to the City by monthly invoices and shall itemize the reimbursable expenses incurred during the preceding month and indicate the amount due.

Additional services may be authorized by the Department Director in an amount up to, but not to exceed 10% of the agreed maximum compensation, or $68,492. In the event that additional services are deemed necessary, the Consultant shall provide a written request to the Department Director, or designee, indicating the reason for additional work, scope #13..
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and cost of such work. The Department Director, or designee, shall provide a written response to the request, either approving or denying the additional expenditure. If additional services are requested and approved, they will be billed at the hourly rates set forth in Exhibit “B” and may not exceed the amount requested and approved in writing by the Department Director. In that event, the new total compensation shall not exceed $753,419. If additional services in excess of this amount are deemed necessary by City Staff, an amendment to this Agreement will be required and must be approved by the City Council prior to commencing the work, as provided in Paragraph 9 of this agreement.

4. OBLIGATIONS OF CONSULTANT.

Throughout the term of this Agreement, Consultant shall possess, or secure all licenses, permits, qualifications and approvals legally required to conduct business.

Consultant warrants that it has all of the necessary professional capabilities and experience, as well as all tools, instrumentalities, facilities and other resources necessary to provide the City with the services contemplated by this Agreement. Consultant further warrants that it will follow the current, generally accepted and professional practices to make findings, render opinions, prepare factual presentations, and provide professional advice and recommendations regarding this project.

5. PERFORMANCE BY KEY EMPLOYEE.

Consultant has represented to City that Dan Miller, PLA, ASLA, LEED AP, will be the person primarily responsible for the performance of the services referred to in this Agreement. City has entered into this Agreement in reliance on that representation by Consultant. Consultant therefore agrees that twenty percent (20%) or more of the time to be #13..
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devoted to the project that is the subject of this Agreement will be that of the above-named person.

6. OWNERSHIP OF DOCUMENTS/TITLE TO DATA.

Ownership of Documents
All reports, drawings, designs, graphics, working papers and other incidental work or materials furnished hereunder shall become and remain the property of the City, and may be used by City as it may require without any additional cost to City. No reports shall be used by the Consultant for purposes other than this contract without the express prior written consent of City.

Title to Data
If, as a part of the agreement, Consultant is required to produce data such as, but not limited to, drawings, plans, specifications, calculations, models, flow diagrams, visual aids and other related materials, the originals of all such data generated under this agreement will be delivered to City upon the completion or termination of services under the contract.

All materials, documents, data or information obtained from the City data files or any City medium furnished to Consultant in the performance of this Agreement will at all times remain the property of the City. Such data or information may not be used or copied for direct or indirect use by Consultant after termination of this Agreement without written consent of the City.

7. NEWS AND INFORMATION RELEASE.

Consultant agrees that it will not issue any news releases in connection with either the award of this Agreement, or any subsequent amendment of or efforts under this #13..
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Agreement, without first obtaining review and approval of said news releases from City through the City Manager.

8. INTEREST OF CONTRACTOR.

Consultant warrants that it presently has no interest and shall not acquire any interest, direct or indirect, which would conflict in any manner or degree with the performance of services required to be performed under this Agreement. Consultant warrants that, in performance of this Agreement, Consultant shall not employ any person having any such interest. Consultant agrees to file a Statement of Economic Interests with the City Clerk at the start and end of this contract if so required at the option of City.

Consultant warrants that he/she has not employed or retained any company or person, other than a bona fide employee working for the consultant; to solicit or secure this contract; and that he/she has not paid or agreed to pay any company or person other than a bona fide employee, any fee, commission, percentage, brokerage fee, gift, or any other consideration, contingent upon or resulting from the award, or formation of this contract. For breach or violation of this warranty, City shall have the right to annul this contract without liability, or at its discretion; to deduct from the contract price or consideration, or otherwise recover the full amount of such fee, commission, percentage, brokerage fee, gift or contingent fee.

9. AMENDMENTS.

Both parties to this Agreement understand that it may become desirable or necessary during the execution of this Agreement, for City or Consultant to modify the scope of services provided for under this Agreement. Any material extension or change in the scope of #13..
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work shall be discussed with City and the change and cost shall be memorialized in a written amendment to the original contract prior to the performance of the additional work.

Until a change order is so executed, City will not be responsible to pay any charges Consultant may incur in performing such additional services, and Consultant shall not be required to perform any such additional services.

10. INDEPENDENT CONTRACTOR.

All acts of Consultant, its agents, officers, and employees and all others acting on behalf of Consultant relating to the performance of this Agreement, shall be performed as independent contractors and not as agents, officers, or employees of City. Consultant, by virtue of this Agreement, has no authority to bind or incur any obligation on behalf of City.

Consultant has no authority or responsibility to exercise any rights or power vested in the City.

No agent, officer, or employee of the City is to be considered an employee of Consultant. It is understood by both Consultant and City that this Agreement shall not under any circumstances be construed or considered to create an employer-employee relationship or a joint venture.

Consultant, its agents, officers and employees are and, at all times during the terms of this Agreement, shall represent and conduct themselves as independent contractors and not as employees of City.

Consultant shall determine the method, details and means of performing the work and services to be provided by Consultant under this Agreement. Consultant shall be responsible to City only for the requirements and results specified in this Agreement, and, except as expressly provided in this Agreement, shall not be subjected to City's control with respect to the physical action or activities of the Consultant in fulfillment of this Agreement. Consultant has control over the manner and means of performing the services under this Agreement. #13..
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Consultant is permitted to provide services to others during the same period service is provided to City under this Agreement. If necessary, Consultant has the responsibility for employing other persons or firms to assist Consultant in fulfilling the terms and obligations under this Agreement.

If in the performance of this Agreement any third persons are employed by Consultant, such persons shall be entirely and exclusively under the direction, supervision, and control of Consultant. All terms of employment including hours, wages, working conditions, discipline, hiring, and discharging or any other term of employment or requirement of law shall be determined by the Consultant.

It is understood and agreed that as an independent contractor and not an employee of City neither the Consultant or Consultant's assigned personnel shall have any entitlement as a City employee, right to act on behalf of the City in any capacity whatsoever as an agent, or to bind the City to any obligation whatsoever.

It is further understood and agreed that Consultant must issue W-2 forms or other forms as required by law for income and employment tax purposes for all of Consultant's personnel.

As an independent contractor, Consultant hereby indemnifies and holds City harmless from any and all claims that may be made against City based upon any contention by any third party that an employer-employee relationship exists by reason of this Agreement.

11. ASSIGNMENT.

Neither this Agreement nor any portion thereof shall be subcontracted or assigned without the express prior written consent of the City in each and every instance. #13..
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12. PATENT/COPYRIGHT MATERIALS.

Unless otherwise expressly provided in the contract, Consultant shall be solely responsible for obtaining the right to use any patented or copyrighted materials in the performance of this Agreement. Consultant shall furnish a warranty of such right to use to City at the request of City.

13. NOTICES.

Notice required by this Agreement shall be given in writing and shall be deemed given and effective upon receipt provided that such are delivered in accordance with the provisions of this Section. Notices shall be delivered either by: (a) personal delivery (including delivery by an overnight courier service which obtains confirmation of receipt); or (b) by facsimile, provided that such transmission is followed by delivery by an overnight courier service which obtains confirmation of receipt; or (c) postage prepaid, return receipt requested, certified mail; or (d) by electronic transmission subject to reasonable proof that the notice was both transmitted and received. Each such notice shall be sent to the parties at the address respectively set forth below or to such other address as a party may designate by written notice given in accordance with the provisions of this Section:

FOR CONSULTANT: Name: Callander Associates Landscape Architecture, Inc.

Address: 12150 Tributary Point Drive, Suite 140
Gold River, CA 95670
Attention: Benjamin Woodside
Phone: (916) 985-4366
Facsimile: (916) 985-4391
Email: [email protected]
FOR CITY: Name: City of Modesto
Address: P.O. Box 642
Modesto, CA 95353
Attention: Laurie A. Smith
Phone: (209) 577-5344
Email: [email protected]
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14. INSURANCE REQUIREMENTS.

The Consultant shall provide at its own expense and maintain at all times the following insurance with insurance companies licensed in the State of California and shall provide evidence of such insurance to the City as may be required by the Risk Manager of the City. The policies or certificates thereof shall provide that, thirty (30) days prior to cancellation or material change in the policy, notices of same shall be given to the Risk Manager of the City by certified mail, return receipt requested, for all of the following stated insurance policies.

In the event the certificates of insurance required hereunder do not provide for notice of cancellation to the certificate holder and/or additional insureds, the Consultant shall provide, and shall require its subcontractors to provide, as an express condition precedent to payment hereunder, an endorsement from their insurers providing that the additional insureds identified herein shall be provided 30 days notice of the cancellation on the policies of insurance required hereunder (10 days notice if the policies are cancelled for non-payment of premium). In addition, the named insured on all such policies shall provide to the additional insureds identified herein any notices of cancellation of said insurance policies within 5 business days of receipt of such notice. The Consultant shall, as a further express condition precedent to payment for work performed, affirm under penalty of perjury that the required insurance on the project remains in place and said insurance has not been cancelled.
(a) Worker's Compensation - in compliance with the statutes of the State of California, plus employer's liability with a minimum limit of liability of $1,000,000. (b) General Liability insurance with a minimum limit of liability per occurrence of $1,000,000 for bodily injury and property damage. If Commercial General Liability Insurance or other form with a general aggregate limit is used, either the general #13..
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aggregate limit shall apply separately to this project/location or the general aggregate limit shall be twice the required occurrence limit. This insurance shall indicate on the certificate of insurance the following coverages and indicate the policy aggregate limit applying to: premises and operations; broad form contractual; independent consultants and subcontractors; products and completed operations as applicable.
(c) Automobile Liability insurance with a minimum limit of liability per occurrence of $1,000,000 for bodily injury and property damage. This insurance shall cover any automobile for bodily injury and property damage.
(d) Professional Liability insurance with a minimum limit of $1,000,000 per claim and $2,000,000 policy aggregate. If coverage is on a claims made basis it shall be maintained for at least three (3) years following completion of the work.

If at any time any of said policies shall be unsatisfactory to the City or State of California, as to form or substance, or if a company issuing such policy shall be unsatisfactory to the City or State of California, the Consultant shall promptly obtain a new policy, submit the same to the Risk Manager for approval and submit a certificate thereof as hereinabove provided. Upon failure of the Consultant to furnish, deliver or maintain such insurance and certificates as above provided, this Agreement, at the election of the City or State of California, may be forthwith declared suspended or terminated. Failure of the Consultant to obtain and/or maintain any required insurance shall not relieve the Consultant from any liability under this Agreement, nor shall the insurance requirements be construed to conflict with or otherwise limit the obligations of the Consultant concerning indemnification. The City and State of California, its agents, officers, employees, and volunteers shall be named as an additional insured on all insurance policies required herein, except Workers' Compensation and #13..
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Professional Liability. The Workers' Compensation insurer shall agree to waive all rights of subrogation against the City and State of California, its agents, officers, employees, and volunteers for losses arising from work performed by Consultant for the City or State of California. The Consultant's insurance policy(ies) shall include a provision that the coverage is primary as respects the City or State of California; shall include no special limitations to coverage provided to additional insured; and, shall be placed with insurer(s) with acceptable Best's rating of A:VII or with approval of the Risk Manager. The Consultant must deliver certificates evidencing existence of the insurance listed above to the City prior to the time the contract is signed.

CONSULTANT shall provide CITY with separate endorsements evidencing proof of the CITY’s additional insured status as to both the general liability and automobile liability insurance policies. In addition, CONSULTANT shall provide CITY with a Workers Compensation subrogation waiver by way of a separate endorsement. All endorsements referenced above must include the applicable policy number.

For any claims related to this project, the CONSULTANT’S insurance coverage shall be primary insurance as respects the Entity, its officers, officials, employees, and volunteers. Any insurance or self-insurance maintained by the Entity, its officers, officials, employees, or volunteers shall be excess of the CONSULTANT’S insurance and shall not contribute with it.

15. TERMINATION OF AGREEMENT.

Termination by City for Default of Consultant
Should Consultant default in the performance of this Agreement or materially breach any of its provisions, at its option, City may terminate this Agreement by #13..
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giving written notification to Consultant. The termination date shall be the effective date of the notice. For the purposes of this section, material breach of this Agreement shall include, but not be limited to, any of the following: failure to perform required services or duties, willful destruction of City's property by Consultant, dishonesty or theft.

Termination by City for Convenience
TheCitymay also terminate theConsultant's performance underthe Agreement, eitherin whole orin part, at its own discretion, or when conditions encountered duringthe Work make it impossible orimpracticable to proceed, or when theCityis prevented fromproceeding with the Agreement by act of God, by law, or by official action of a public authority, or upon a determination by the City that such termination is in the best interest and convenience of the City, or whenever the City is prohibited from completing the Work for any reason. TheCityshall provide no lessthan ten (10) calendar days written notice of its intent to terminate the Agreement for convenience, and shall endeavor to provide the Consultant with consultation with the City prior to termination.

Post-Termination Procedure
Upon receipt of a written notice of termination pursuant to either of the foregoing paragraphs, the Consultant shall:
a. Cease its work as directed in the notice of termination as of the termination date and see to it that its employees, subconsultants and agents are notified of such termination and act as specified in the notice of termination;
b. Terminate all orders and Subcontractors except as necessary to complete any portion of the Work that is not terminated; #13..
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c. If directed in writing by the City to do so, assign all right, title and interest in subcontracts and materials in progress to City, in which case the City will have the right at its discretion to settle, or pay any or all claims arising out of the termination of such subconsultants, but in no event shall recovery by any Consultant or subconsultant include lost profits for portions of the Work not completed or undertaken, including materials not delivered; d. Deliver or otherwise make available to the City all data, drawings, specifications, reports, estimates,summaries and such other information and material as mayhave been accumulated by the Consultant in performing the Work whether completed or in process; e. Settle outstanding liabilities and claims, subject to the approval of City;
f. Complete performance of such part of the Work as has not been terminated;
g. Take such other actions as may be necessary, or as may be directed by the City for the protection and preservation of the Work and/or property related to the Work;
h. If City so requests, and at City's cost, Consultant shall provide sufficient oral or written status reports to make City reasonably aware of the status of Consultant's work on the project. i. The Consultant understands and agrees that City may, in City's sole discretion, refuse to pay Consultant for that portion of #13..
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Consultant's services which were performed by Consultant on the project prior to the termination date and which remain
unacceptable and/or not useful to City as of the termination date.

City will pay Consultant an amount based on the percentage of satisfactory work completed in accordance with the notice of termination. The final payment to the Consultant after termination for convenience shall be limited to amounts due and owing under the Agreement at time of termination, including the following:
a. The cost of settling and paying valid claims arising out of the termination of the Work such as subconsultant agreements or contracts for materials;
b. The Agreement price allocable to the portion of the Work properly performed or goods supplied to the work site by the Consultant as of the date of termination, as determined in accordance with the notice of termination, reduced by any sums previously paid to the Consultant.

Authorization to Terminate Agreement
Termination of the Agreement may be invoked by the City Manager, or his/her designee, subject to the right of the Consultant to appeal the City Manager, or his/her designee’s, decision to the City Council. The Consultant shall appeal by notifying the City Clerk in writing within ten (10) calendar days of receipt of written notification from City of termination of the Agreement. In the event that termination of this Agreement is upheld by the City Council, any cessation of payment of delay claims, extended claims, Eichleay claims, or any #13..
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other claims for delay shall be retroactive to the date of termination selected by the City Manager, or his/her designee.

16. CERTIFIED PAYROLL REQUIREMENT.

For consultants performing field work on public works contracts on which prevailing wages are required: The Consultant shall comply with the provisions of Section 1776 of the California Labor Code, regarding payroll records, and shall require its subconsultants and subcontractors to comply with that section as may be required by law.

17. INDEMNITY.

The Consultant shall hold the City and State of California, its agents, officers, employees, and volunteers, harmless from and save, defend and indemnify them against any and all claims, losses, liabilities, judgments or damages from every cause, including but not limited to injury to person or property or wrongful death, including reasonable costs and expenses of defense of any judicial or administrative action, arising directly or indirectly out of any negligent or intentional wrongful act or omission of Consultant, or its agents, officers, employees, or volunteers relating to or during the performance of its obligations under this Agreement.

Consultant's obligation to defend, indemnify, and hold the City and State of California, its agents, officers, and employees harmless under the provisions of this paragraph is not limited to or restricted by any requirement in this Agreement for Consultant to procure and maintain a policy of insurance.

In no event shall the cost to defend charged to the Design Professional exceed the design Professional’s proportionate percentage of fault. #13..
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18. DISPUTE RESOLUTION.

All claims, controversies, or disputes arising out of, or relating to the formation of this Agreement, or the breach, termination execution, enforcement, interpretation, or validity of this Agreement, including the determination of the scope or applicability of this contract provision shall be determined by binding arbitration in Modesto, California by one arbitrator, except as otherwise specified in this Agreement. The American Arbitration Association shall administer the arbitration under its Arbitration Rules then in effect, subject to the modifications of those rules contained in this paragraph. This agreement to arbitrate shall be specifically enforceable under the prevailing law of any court having jurisdiction, and the award rendered by the arbitrator may be entered in any court having jurisdiction. The appropriate venue for any arbitration or court proceeding relating to or arising out of this provision shall be in Stanislaus County, California.

This paragraph is not intended to and does not waive the claim filing requirements found in California Government Code section 900 et seq. In the event that a timely and legally sufficient, arbitrable claim is filed by Consultant with City, and the claim is rejected in whole or in part by City, this paragraph shall result in the conclusive, final, and binding resolution of all the issues presented in the claim by Consultant so long as any issues presented by the claim are arbitrable. Claims rejected by City or by operation of law, shall be submitted by Consultant to arbitration pursuant to the Arbitration Rules of the American Arbitration Association within ninety (90) days after mailing of the written rejection by City to Consultant.

Otherwise, the claim or claims shall be deemed waived in their entirety.

The “fast track’ rules of the American Arbitration Association shall apply to any claim or counterclaim less than ONE HUNDRED FIFTY THOUSAND AND 00/100 #13..
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($150,000.00) DOLLARS. In arbitration not proceeding under the “fast track” rules, the arbitrator shall have the power to order that depositions be taken and other discovery be made.

Both City and Consultant shall have the right, upon written notice, to take no more than three (3) depositions of the other as a matter of right in an arbitration proceeding under the “fast track” rules.

Whether or not City and Consultant may be engaged in interstate commerce, any controversy or dispute mentioned above shall be determined by, and the parties shall be bound by, the substantive law of the State of California, and not the Federal Arbitration Act at 9 USC Section 1 et seq.

The arbitrator may grant any remedy or relief deemed by the arbitrator just and equitable under the circumstances, whether or not such relief could be awarded in a court of law. The arbitrator shall be empowered to award monetary sanctions against a party for failure of cooperation in the arbitration. The arbitrator shall, in written award, allocate all the costs of the arbitration, including the fees of the arbitrator and the reasonable attorney fees of the prevailing party, against the party who did not prevail. The prevailing party shall be the party in whose favor the majority of the central issues in the case are resolved.

Notwithstanding anything in this provision to the contrary, the arbitrator shall have no power to award punitive damages or other damages not measured by the party’s actual damages (excluding litigation costs and fees) against any party. This limitation of the arbitrator’s powers under this Agreement shall not operate as an exclusion of the issue of punitive damages from this Agreement to Arbitrate sufficient to vest jurisdiction in a court with respect to that issue.
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Consultant shall include in all subcontracts a specification whereby the subcontractor consents to being joined in an arbitration between City and Consultant involving the work of the subcontractor to be joined. Consultant’s failure to do so shall be a breach of this Agreement.

The parties hereby waive any rights provided by Title 9.2 of the California Code of Civil Procedure, Section 1296. The arbitrator’s award shall be deemed final, conclusive and binding to the fullest extent allowed by California law.

19. ENTIRE AGREEMENT.

This Agreement and its exhibits contain the entire understanding between Consultant and City. Additional or new terms contained in this Agreement which vary from Consultant's proposal are controlling and are deemed accepted by Consultant by shipment of any article or other commencement of performance hereunder. All previous proposals, offers and communications relative to this Agreement, whether oral or written, are hereby superseded except to the extent that they have been incorporated into this Agreement. No future waiver of or exception to any of the terms, conditions, and provisions of this Agreement shall be considered valid unless specifically agreed to in writing by all the parties.

20. PARTIAL INVALIDITY.

If any provision in this Agreement is held by a court of competent jurisdiction to be invalid, void, or unenforceable, the remaining provisions shall nevertheless continue in full force without being impaired or invalidated in any way. #13..
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21. WAIVER.

The waiver by any party to this Agreement of a breach of any provision hereof shall be in writing and shall not operate or be construed as a waiver of any other or subsequent breach hereof unless specifically stated in writing.

22. AUDIT.

The City's duly authorized representative shall have access at all reasonable times to all reports, contract records, contract documents, contract files, and personnel necessary to audit and verify Consultant's charges to City under this Agreement.

Consultant agrees to retain reports, records, documents, and files related to charges under this Agreement for a period of four (4) years following the date of final payment for Consultant services. City's representative shall have the right to reproduce any of the aforesaid documents.

23. GOVERNING LAW.

This Agreement shall be governed according to the laws of the State of California.

24. HEADINGS NOT CONTROLLING.

Headings used in the Agreement are for reference purposes only and shall not be considered in construing this Agreement.

25. COMPLIANCE WITH LAWS.

Consultant shall insure compliance with all safety and hourly requirements for employees, in accordance with federal, state, and county safety and health regulations and laws. Consultant shall fully comply with all applicable federal, state, and local laws, ordinances, regulations and permits.
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26. CITY BUSINESS LICENSE.

Consultant will have a City of Modesto business license.

IN WITNESS WHEREOF, the City of Modesto, a municipal corporation, has authorized the execution of this Agreement in duplicate by its City Manager and attestation by its City Clerk under authority of Resolution No. 2023- , adopted by the Council of the City of Modesto on the ______ day of _________, 2023, and Callander Associates Landscape Architecture, Inc. has caused this agreement to be duly executed in duplicate as of the Effective Date.
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Parks, Recreation and Neighborhoods Department,
Parks Planning & Development Division
1010 Tenth Street, Suite 4400
Modesto, California 95354
209.577.5344
Modestogov.com
EXHIBIT ‘A’

SCOPE OF WORK

CONSTRUCTION DOCUMENTATION
FOR THE DR. MARTIN LUTHER KING JR. PARK RENOVATION PROJECT

PROJECT DESCRIPTION
The Dr. Martin Luther King Jr. Park Renovation Project is a complete re-design of the existing park site and will include: a gymnasium addition, with an indoor basketball court, attached to the existing community center, outdoor fitness stations, splash pad, game board tables, ping pong table, outdoor stage with a plaza, lighted baseball field, lighted soccer field, basketball court, accessible exercise walking path, benches, prefabricated restroom building, water efficient irrigation system, native and drought tolerant landscaping, storm water control methods, overall improved park lighting & security cameras, and accessible parking lots.

The project site is located at 601 S Martin Luther King Drive in Modesto, California; north of California Avenue, south of Vine Street, and between Marshall Avenue and S Martin Luther King Drive. The site is

0.2 mile from Modesto High School and 0.50 mile from Downtown Modesto.

The work to be accomplished for this project consists of preparation of construction documentation compliant with the community accepted Dr. Martin Luther King Jr. Park Concept Master Plan. Emphasis on value engineering, simplicity, quality design and utilization of new and current energy and water saving technologies is critical to the success of this project. This park will be heavily utilized by the surrounding communities and outreach organizations.

The project will require an experienced full-service consultant (team) with the ability to evaluate the existing conditions and make recommendations in a wide range of design services including but not limited to: structural engineering, civil engineering, electrical engineering, building architecture, landscape architecture, surveying, and geotechnical specialists.

The consultant selected will need to be familiar with all applicable adopted local building codes (City of Modesto), City of Modesto Standard Specifications 2014, the community accepted Dr. Martin Luther King Jr. Park Concept Master Plan, and Notice of Exception for Dr. Martin Luther King Jr. Park. #13..
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PARK COMPONENTS:

The Construction Documentation will be comprehensive and will include some, if not all, the following items:
• Rough grading and Storm Water Pollution Prevention of the park site. • Site preparation, grading and drainage of the project site. • Underground storm water system to collect surface water at various drainage inlet locations and redirect water to drainage bio-swale planters and larger bio-swale drainage basin. Provide drainage overflow connections to the City’s existing stormwater drainage system. • Building expansion to the existing King-Kennedy Memorial Center for a stick built, or concrete block, gymnasium addition with an indoor basketball court. • Splash Pad with precast concrete tables.
• Concrete paving for pedestrian and vehicular pathways (ADA accessible), driveway aprons, pads for benches, stage area with plaza, accent bands, mow bands and passenger loading zone. • Youth soccer field with sports lighting.
• Youth baseball field with team dugouts and sports lighting. • Repair and/or restoration to the existing playground areas to restore ADA accessibility (lighted). • Full sized outdoor basketball court with perimeter fencing, benches and entry gates. • Prefabricated unisex / non-gender park restroom building. • Wired and/or wireless security camera monitoring system. • Site furnishings and signage.
• Permanent and removable bollards.
• Flags and flag poles (lighted).
• Five (5) outdoor fitness station areas.
• Utility connections for the project including electrical, gas, phone, sewer, water, storm drainage and others as appropriate.
• At least (1) new park drinking fountain with dog bowl and bottle-filler with water and sewer connection as directed.
• New landscaping throughout the entire park site including use of water efficient, native and drought tolerant landscape plants and materials, and significant reduction in overall irrigated turf area.
• Complete replacement of the existing irrigation system with central control (electrical and phone connection) to provide coverage for the entire park site designed to connect to existing irrigation stub-outs.
• Street parking improvements, on park side of street only. • Security Lighting
Based on the above, the following scope of services are to be performed in chronological order. #13..
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PROFESSIONAL DESIGN SERVICES TO INCLUDE
Listed below are tasks and conditions that the consultant is expected to perform and meet on this project. It is not intended the tasks shown are the only tasks required on this project.

All work product generated under this agreement shall become the property of the City of Modesto.

TASK #1 – DESIGN DEVELOPMENT

1.1 Meeting #1 – Conduct an interdepartmental and stakeholder start up meeting to begin the construction documentation process (meeting to be held in Modesto).

1.2 Topographical Mapping and Surveying – Provide a completed site survey for the entire park site and adjacent street improvements (centerline of road).

1.3 Based on the community accepted Dr. Martin Luther King Jr. Park Concept Master Plan prepare a submittal book supplement for the Project showing at minimum: preliminary cost estimate, references/catalog cut sheets for materials and equipment, proposed construction method for structures and facilities (stick built or prefabricated), and cost benefit analysis.

1.4 Preliminary Cost Estimate – Prepare the preliminary cost estimate to include the proposed improvements and present a plan for logical phase development. Include a list of prioritized additive alternates, additional services, allowances for change orders and City administration, and other items as reviewed by City staff.

1.5 Based on the comments received, prepare the preliminary 35% construction documents including plans, outline specifications (in 6-Digit CSI format) and refined cost estimate. Deliver one (1) PDF and four (4) hardcopy sets of plans and specifications to the City. The City staff will require a minimum of three-(3) weeks for review of the 35% construction documents.

TASK #2 – CONSTRUCTION DOCUMENTATION

2.1 Geotechnical Investigation – A geotechnical engineer shall conduct a site visit to verify existing site conditions and limitations. The building expansion may require a full geotechnical report substantiated by a drilling program, the geotechnical engineer shall research available literature for geomorphic, seismological and geotechnical data available in the area, complete a drilling program, perform laboratory testing and soil analysis and prepare a feasibility foundation report to support the design.

2.2 Utilities Investigation and Coordination – Research existing utilities, coordinate with the utility companies and generate a preliminary utility relocation plan.

2.3 Provide geotechnical evaluation of existing soils as warranted for building expansion, pavements, grading, aquatics and picnic pavilion foundation design. Provide soil percolation testing for drainage basin and multi-use turf area(s). Finally, provide horticultural soils report for #13..
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landscape soil preparation. Submit reports to City staff and incorporate recommendations into the 75% construction documents.

2.4 Prepare cross-section(s), rendering(s) and an enlarged plan of the building expansion for the gymnasium addition as necessary to demonstrate the design intent. Provide image boards of the proposed improvements. Provide electronic images of the plans on compact disk and/or thumb flash drive to the City, which can be printed by the City in various sizes for public distribution and display.

2.5 Based on comments received, prepare 75% construction documents including plans, specifications and refined cost estimate. Deliver one (1) PDF and four (4) hardcopy sets of plans and specifications to City. Prepare detailed cost estimates for all improvements as per City recommendations. City staff will require a minimum of four (4) weeks for review of 75% construction documents.

2.6 Meeting #2 – Conduct an interdepartmental review session to review City comments (meeting to be held in Modesto).

2.7 Based on comments received, prepare 100% construction documents including plans, specifications and detailed estimate. Plans will be prepared to allow for deductive and additive alternates or phased construction as necessary. Deliver one (1) PDF and four (4) hardcopy sets of plans and specifications to City. City staff may require a minimum of four (4) weeks for review of 100% construction documents.

2.8 Based on comments received, prepare a final Bid Set of the construction documents including plans, specifications and refined cost estimate. Prepare detailed cost estimates for all improvements as per City recommendations.

Bid Set Submittal: Provide one (1) set of final wet stamped Bond original plans and specifications, one (1) signed PDF plan set for reproduction, and one (1) AutoCAD compatible drawings file. Use “D” size plan sheets for the City of Modesto Title Block and Standards. All final plans & specifications shall be stamped & signed by a registered professional (Landscape Architect, Architect or Engineer), as appropriate.

The construction documents for the park will include, at a minimum (as applicable):
• Project Title sheet
• Existing conditions, demolition and tree protection plan • Underground utilities plan
• Grading and drainage plan (using 1’ contours, scaled at 1”=40’ minimum) • Storm water pollution prevention plan
• Site construction staking plan
• Building expansion/gymnasium addition with indoor basketball court layout plan and elevations
• Youth baseball field with dugouts and lighting plan
• Youth soccer field and lighting plan
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• Outdoor Basketball court layout plan
• Prefabricated restroom plan
• Irrigation plan
• Landscape plan
• Electrical/Lighting plans
• General details and specifications
• Site furnishings and signage plan
• Structural details
• Technical specifications in 6-Digit CSI format, City will provide boiler plate specifications. • Bid form
Specifications should be 6-digit CSI format provided in Microsoft Word and organized to match the format requested by the City during the design process. The Consultant must use the City of Modesto typical “front end” documents. Consultants may request additional sections be added to either division and/or recommend changes to the current “front ends”. Any changes must be requested in writing and are subject to review and approval by the City. Plans and Specifications shall meet all local, state and federal requirements as necessary. All construction shall be designed to be in accordance with current Americans with Disabilities Act and Title 24 requirements.

TASK #3 – BIDDING AND CONSTRUCTION SUPPORT

3.1 Assist City staff in bidding process as required, including answering questions from bidders.

3.2 Attend pre-construction meeting (one (1) field meeting)

3.3 Review and process all shop drawings and submittals required by technical specifications; with use of digital E-Builder Construction Management software. Free training will be provided by City for E-Builder Software.

3.4 Provide site reviews and prepare reports on construction progress and quality with recommendations for correction of any deficiencies (approximately four (4) field meetings).

3.5 Assist in determining and processing request for information and change orders.

3.6 Make final review and report on completed project (one (1) field meeting). #13..
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PROJECT SCHEDULE:

The anticipated milestones for this project (all dates are tentative):

MILESTONE: DATE:

Award Design Contract May 2023
35% Design Development Completion
75% Construction Documents Completion
100% Bid Set Completion
Design Completion
Project Close Out
July 2023
September 2023
December 2023
January 2024
July 2025
PROJECT COMPENSATION:

The following fees are based on the scope of work described previously in Exhibit "A". Payments will be made on a monthly basis when portions of the tasks are completed. The monthly billing should include billable work hours at the Hourly Rates included in Exhibit "B", any sub-consultant bills at the Hourly Rates included in Exhibit "B", and verifiable documentation on any reimbursable expenses incurred.

Task #1 – Design Development (not to exceed) $254,932.50 Task #2 – Construction Documentation (not to exceed) $334,090.50 Task #3 – Bidding and Construction Allowances (not to exceed) $68,939.00 Reimbursable Expenses (not to exceed) $26,965.00
Total Contract Amount $684,927.00
Additional Services (not to exceed budget) $68,492.00
Grand Total $753,419.00
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Exhibit “B”

HOURLY RATES

CONSTRUCTION DOCUMENTATION
FOR THE DR. MARTIN LUTHER KING JR. PARK PROJECT
The following hourly rates will be used for billable hours within this Agreement and for additional work requested and approved:

Callander Associates
Landscape Architect
Principal $210 /Hour
Senior Associate $197 /Hour
Associate $183 /Hour
Arborist/Construction Manage $183 /Hour
Senior Project Manager $170 /Hour
Project Manager 1 $162 /Hour
Project Manager 2 $155 /Hour
Job Captain $136 /Hour
Designer 1 $126 /Hour
Designer 2 $118 /Hour
Assistant Designer $104 /Hour
Accounting $182 /Hour
Senior Project Administrator $136 /Hour
Project Administrator $121 /Hour
Reimbursable Expenses Rate Cost + 15%
Communications and Insurance Surcharge 2.5% of Total Fees Subconsultant Administration 10% of Subconsultant
Costs
LDA Partners
Architect
Principal Architect $275 /Hour
Project Architect/Manager $225 /Hour
Project Designer/Planner $195 /Hour
Draftsperson $150 /Hour
Clerical/Staff $ 95 /Hour
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Hawkins & Associates
Civil Engineering
Land Planning $200 /Hour
Civil Engineer $200 /Hour
Project Manager $140 /Hour
Engineering Associate $165 /Hour
Project Designer $115 /Hour
Land Surveyor $200 /Hour
Survey Party Chef $145 /Hour
Survey Technician $115 /Hour
Survey Party Chief w/ Rover/Robotic Total Station $185 /Hour Administration $ 75 /Hour
Clerical $ 60 /Hour
Capital Engineering
Electrical Engineering
Senior Principal $245 /Hour
Principal $223 /Hour
Director $215 /Hour
Senior Project Manager $205 /Hour
Project Manager $196 /Hour
Field Services $192 /Hour
Senior Engineer $175 /Hour
Engineer $160 /Hour
Senior Designer $150 /Hour
Designer $138 /Hour
Technician/CADD $127 /Hour
Intern $120 /Hour
Project Administrator $107 /Hour
Senior Administrator $ 75 /Hour
Clerical/Administration $ 60 /Hour
Geocon
Geotechnical Engineering
Engineering Assistant/Laboratory Technician $ 85 /Hour
Engineering Field Technician/Special Inspector I 85/125(PW)*/hr.

Engineering Field Technician/Special Inspector II 95/135(PW)*/hr.

Engineering Field Technician/Special Inspector Ill/Equipment Operator 105/145(PW)*/hr.

Word Processor/Technical Editor/Draftsman $ 85 /Hour
Research Assistant/Technical Illustrator/Senior Draftsman $100 /Hour Project Coordinator/GIS Specialist $110 /Hour
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Staff Engineer/Geologist/Scientist/Field Supervisor $125 /Hour Senior Staff Engineer/Geologist/Scientist $135 /Hour
Project Engineer/Geologist/Scientist/Construction Supervisor $145 /Hour Senior Project Engineer/Geologist/Scientist $160 /Hour
Senior Engineer/Geologist/Scientist/Certified Industrial Hygienist $175 /Hour Associate Engineer/Geologist/Scientist $200 /Hour
Principal Engineer/Geologist/Scientist/Litigation Support $240 /Hour Direct-Push Rig/Operator 185/225(PW)*/hr.
*Prevailing Wage (PW) per requirements of California Labor Code §720, et. Seq. #13..
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CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

May 2, 2023
Date: April 10, 2023
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: Laurie A. Smith, Director of Parks, Recreation and Neighborhoods Department SUBJECT: Construction Contract for Carpenter Road Area Soccer Complex, Phase 2 CONTACT: Nathan Houx, Parks Planning and Development Manager, [email protected], 209-571-5526
DESCRIPTION:

Consider approving the Plans and Specifications for the Carpenter Road Area Soccer Complex, Phase 2 Project, accepting the Bid and approving a Construction Contract with Machado & Sons Construction, Inc. of Turlock, CA. for a total amount not to exceed $1,453,772. (Funding Source: Youth Soccer and Recreation Development Grant, Parks Fund, Parks and Air Quality CFF Fund and TRRP CIP Fund)
STRATEGIC PLAN ELEMENT:

This item is consistent with the following 2020-2025 Strategic Plan Areas of Focus: Quality of Life and Governance and Service Delivery.

BACKGROUND:

The Stanislaus Youth Soccer League (SYSL) has been working with the Tuolumne River Regional Park Joint Powers Authority (TRRP JPA) and the City over the past couple of years to develop soccer fields in this area. There is a need for additional soccer fields in this underserved area and a few years ago a Memorandum of Understanding (MOU) was approved that allowed SYSL to construct two fields adjacent to Bellenita Park using volunteer labor and donated materials and funds. As part of the MOU, the City/TRRP JPA agreed to pursue grant funding for additional soccer fields, parking and other support facilities for the community.

On October 11, 2016, by Resolution 2016-411, and February 28, 2017, by Resolution 2017-82, Council authorized staff to apply for a grant of $1,000,000 from the Youth Soccer and Recreation Development Grant Program administered by California State Parks. The City was notified in June of 2017 that the grant application was successful and that funding of $1,000,000 would be awarded to the City. Since that time, staff has been working to coordinate a volunteer design effort led by local design professionals which resulted in construction documentation being completed in late 2022. The project will construct three new soccer fields, site furnishings and an asphalt parking lot with landscaping & security lighting. #14..
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City Council, May 2, 2023
Construction Contract for Carpenter Road Area Soccer Complex, Phase 2

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DISCUSSION:

The Project was advertised for bids on January 25, 2023. Bids were publicly opened on March 14, 2023, pursuant to City Charter Section 1307, and seven bids were received. In accordance with Section 2.02.B of the City’s General Provisions, in order to ensure impartiality when selecting bid alternates, each bidder was assigned an identification letter for their submitted bid form by the City Clerk. The bidder's names associated with the bid packages received were not disclosed to the Parks, Recreation and Neighborhoods Department until they decided which bid alternates would be awarded. It was not clear in the bid documents that this bid would be a blind bid, so in accordance with state law staff has based the award on base bid amounts only.

Machado & Sons Construction, Inc., of Turlock, CA, was determined to be the responsible bidder with the lowest responsive bid. The bid tabulation is attached and was based on the base bid in accordance with state law.

The bid analysis is:

Number of bids received 7
Number of bids within 10% of engineer’s estimate 0
Number of bids above the engineer’s estimate 7
Number of bids below the engineer’s estimate 0
Percent low bid is above the engineer’s estimate 11.10% Machado & Sons Construction, Inc., of Turlock, CA, was 11.10% above the engineer’s estimate. The next lowest bid was 15.52% above the engineer’s estimate. Three of the seven bids were between 10% and 20% above the engineer’s estimate. There were zero bids below the engineer’s estimate. The highest bid was 44.72% above the engineer’s estimate. Bidder competition and participation were evident as the City received seven bids and the three lowest bids were very close in value.

Modesto Municipal Code Section 8-3.203 generally requires all purchases, which meet or exceed $50,000 for material, equipment or contractual services to be formally bid. The award of contract for the construction of the Carpenter Road Soccer Complex, Phase 2 Project to Machado and Sons Construction, Inc., of Turlock, CA, conforms to Modesto Municipal Code, 8-3.203. Therefore, staff recommends awarding the contract to Machado & Sons Construction, Inc., of Turlock, CA.

The City’s “Change Order Approval Policy” enacted by Council Resolution No. 1994-443 on July 19, 1994, and updated by Resolution No. 2019-326 on July 9, 2019, established a contract change order authority of 8% for construction contracts greater than $1,000,000 but less than $10,000,000. However, since this project is in the lower end of this range and after reviewing the plans and specifications it appears there is a reasonable possibility of unforeseen issues arising during construction, staff believes it is likely that this project could exceed the Director’s Authority of 8% ($105,729) of the construction contract amount of $1,321,611. Therefore, staff is requesting that the Director’s Authority to issue change orders be increased to 10% ($132,161) of the construction contract amount.
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City Council, May 2, 2023
Construction Contract for Carpenter Road Area Soccer Complex, Phase 2

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While the contingency policy is utilized for each construction contract awarded by the City, it is not written into each contract, nor is it a guaranteed amount included in the final compensation to the contractor. Prior to bidding a project, staff works diligently to ensure that all projects and bid packages contain well-defined scopes of work and that all projects stay within budget.

FISCAL IMPACT:

Funding for this project is budgeted in the Capital Improvement Program account #101061 (Carpenter Road Area Soccer). The project will require a budget adjustment allocating $500,000 of TRRP Capital Improvement Plan (CIP) Funding and $140,000 of Parks and Air Quality Capital Facilities Fees (CFF) Funding to the project. The TRRP CIP Funding allocation was previously reviewed and approved for use on this project by the TRRP Citizen’s Advisory Committee (CAC) on January 25, 2023 and the TRRP Commission on February 8, 2023. The project’s revenue and expense budget shall be as outlined below:

Funding Sources for the project are Outlined below:

Youth Soccer and Recreation Development Grant $1,000,000 Parks Fund $ 35,000
TRRP CIP Fund $ 500,000
Parks CFF $ 140,000
PROJECT FUNDING SOURCES $1,675,000
Project Budget
Construction $1,321,611
Construction Administration – City Staff (10%) $ 132,161 Contingency (10%) $ 132,161
Design Support – City Staff / Water Connection Fees (5%) $ 66,208 Engineering/Design/Admin (previously spent/committed) $ 22,859 TOTAL ESTIMATED PROJECT COST $1,675,000
COMMITTEE RECOMMENDATION:

On April 4, 2022, this project was one of several CIPs presented to the Economic Development Committee for consideration in order to minimize the time between bidding and council award.

CEQA/NEPA REQUIREMENTS:

City planning staff prepared an Initial Study / Finding of Conformance No. EA/PRN 2016-007 (FoC), which demonstrates the project’s conformance with the General Plan and its Master EIR which was approved by the Council on October 11, 2016, by Resolution 2016-410.

RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Resolution approving the Plans and Specifications for the Carpenter Road Area Soccer Complex, Phase 2 Project, accepting the Bid and approving a Construction Contract with Machado & Sons Construction, Inc. of Turlock, CA in the amount of $1,321,611, plus $132,161 in contingency (if needed), for a total amount not to exceed $1,453,772 and authorizing the City Manager, or his designee, to execute the Contract.

Resolution authorizing an increase in the Director’s Authority to issue Change Orders for the Carpenter Road Area Soccer Complex, Phase 2 project from 8% ($105,729) to 10% ($132,161) of the Construction Contract amount of $1,321,611 with Machado & Sons Construction, Inc. of #14..
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City Council, May 2, 2023
Construction Contract for Carpenter Road Area Soccer Complex, Phase 2

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Turlock, CA.

Resolution amending the Fiscal Year 2022-2023 Capital Improvement Program Budget to fund Project #101061 (Carpenter Road Area Soccer) in an amount not to exceed $640,000 in transfers, revenue, and to budget expenditures to fund the project, and authorizing the City Manager, or his designee, to implement the provisions of this Resolution.

Approved by:

Laurie A. Smith, Director of Parks, Recreation and
Neighborhoods Department
Joseph P. Lopez, City Manager
Attachments:

1. Resolution for Construction Contract – Machado & Sons Construction Inc.

2. Resolution authorizing increase in Director’s authority to issue change orders

3. Resolution amending budget for FY22/23 for project #101061

4. Agreement – Machado & Sons Construction Inc.

5. Bid Tabulation

6. Financial Interest Disclosure Form
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05/02/2023/PRN/NHoux/Item XX 1 2023-XX

MODESTO CITY COUNCIL
RESOLUTION NO. 2023-

RESOLUTION APPROVING THE PLANS AND SPECIFICATIONS FOR THE CARPENTER ROAD AREA SOCCER COMPLEX, PHASE 2 PROJECT,

ACCEPTING THE BID AND APPROVING A CONSTRUCTION CONTRACT WITH MACHADO & SONS CONSTRUCTION, INC. OF TURLOCK, CA IN THE AMOUNT OF $1,321,611, PLUS $132,161 IN CONTINGENCY (IF NEEDED), FOR A TOTAL AMOUNT NOT TO EXCEED $1,453,772 AND AUTHORIZING THE

CITY MANAGER, OR HIS DESIGNEE, TO EXECUTE THE CONTRACT
WHEREAS, there is a need for additional soccer fields in this underserved community and the Stanislaus Youth Soccer League has been working with the TRRP JPA and City of Modesto to fund and construct soccer fields; and WHEREAS, the City was awarded $1,000,000 in grant funding by CA State Parks through the Youth Soccer and Recreation Development Grant Program; and WHEREAS, the project will construct three new soccer fields, site furnishings and an asphalt parking lot with landscaping & security lighting; and WHEREAS, the project was advertised for bids on January 25, 2023, bids were publicly opened on March 14, 2023, pursuant to City Charter Section 1307, and seven bids were received; and
WHEREAS, bidder competition and participation were evident as the City received seven bids and the three lowest bids were very close in value; and WHEREAS, Machado & Sons Construction, Inc., of Turlock, CA, was determined to be the responsible bidder with the lowest responsive bid; and WHEREAS, Modesto Municipal Code Section 8-3.203 generally requires all purchases, which meet or exceed $50,000 for material, equipment or contractual services to be formally bid; and
WHEREAS, the award of contract for the construction of the Carpenter Road #14..
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05/02/2023/PRN/NHoux/Item XX 2 2023-XX
Soccer Complex, Phase 2 Project to Machado and Sons Construction, Inc, of Turlock, CA, conforms to Modesto Municipal Code, 8-3.203; and
WHEREAS, staff recommends awarding the Contract to Machado & Sons Construction, Inc., of Turlock, CA.

NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Modesto that it hereby approves the plans and specifications for the Carpenter Road Area Soccer Complex, Phase 2 Project; accepting the bid and approving a Construction Contract with Machado & Sons Construction, Inc., of Turlock, CA, for a total of $1,321,611 plus $132,161 in contingency (if needed) for a total amount not to exceed $1,453,772.

BE IT FURTHER RESOLVED that the City Manager, or his designee, is hereby authorized to execute the contract.
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05/02/2023/PRN/NHoux/Item XX 3 2023-XX
The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the 2nd day of May 2023, by Councilmember , who moved its adoption, which motion being duly seconded by Councilmember , was upon roll call carried and the resolution adopted by the following votes:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

ATTEST: ________________________________

DIANE NAYARES-PEREZ, CMC,
City Clerk
(SEAL)
APPROVED AS TO FORM:

BY: _____________________________________
JOSE M. SANCHEZ, City Attorney
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05/02/2023/PRN/NHoux/Item XX 1 2023-XX

MODESTO CITY COUNCIL
RESOLUTION NO. 2023-
RESOLUTION AUTHORIZING AN INCREASE IN THE DIRECTOR’S

AUTHORITY TO ISSUE CHANGE ORDERS FOR THE CARPENTER ROAD AREA SOCCER COMPLEX, PHASE 2 PROJECT FROM 8% ($105,729) TO 10% ($132,161) OF THE CONSTRUCTION CONTRACT AMOUNT OF $1,321,611 WITH MACHADO & SONS CONSTRUCTION, INC. OF TURLOCK, CA
WHEREAS, the City’s “Change Order Approval Policy”, enacted by Council Resolution No. 1994-443 on July 19, 1994, and updated by Resolution No. 2019-326 on July 9, 2019, established a contract change order authority of 8% for construction contracts of this dollar value; and
WHEREAS, since the project is in the lower end of this range and after reviewing the plans and specifications it appears there is a reasonable possibility of unforeseen issues arising during construction, it is likely that this project could exceed the Director’s Authority of 8% ($105,729) of the contract amount of $1,321,610; and WHEREAS, Staff is requesting an increase in the Director’s Authority to issue change orders to 10% ($132,161).

NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Modesto that it hereby authorizes an increase of the Director of Utilities authority to issue change orders for the Carpenter Road Area Soccer Complex, Phase 2 project from 8% ($105,729) to 10% ($132,161) of the construction contract price of $1,321,611 with Machado & Sons Construction, Inc., of Turlock, CA.
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05/02/2023/PRN/NHoux/Item XX 2 2023-XX
The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the 2nd day of May 2023, by Councilmember , who moved its adoption, which motion being duly seconded by Councilmember , was upon roll call carried and the resolution adopted by the following votes:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

ATTEST: ________________________________

DIANE NAYARES-PEREZ, CMC,
City Clerk
(SEAL)
APPROVED AS TO FORM:

BY: _____________________________________
JOSE M. SANCHEZ, City Attorney
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05/02/2023/PRN/NHoux/Item XX 1 2023-XX

MODESTO CITY COUNCIL
RESOLUTION NO. 2023-
RESOLUTION AMENDING THE FISCAL YEAR 2022-2023 CAPITAL
IMPROVEMENT PROGRAM BUDGET TO FUND PROJECT #101061
(CARPENTER ROAD AREA SOCCER) IN AN AMOUNT NOT TO EXCEED $640,000 IN TRANSFERS, REVENUE, AND TO BUDGET EXPENDITURES TO

FUND THE PROJECT, AND AUTHORIZING THE CITY MANAGER, OR HIS

DESIGNEE, TO IMPLEMENT THE PROVISIONS OF THIS RESOLUTION WHEREAS, TRRP CIP funding of $500,000 must be allocated to fund a portion of the project; and
WHEREAS, Parks CFF funding of $140,000 must be allocated to fund a portion of the project; and
WHEREAS, the Fiscal Year 2022-2023 Capital Improvement Budget must be amended to increase Project 101061 – Carpenter Road Area Soccer in a total amount of $640,000 to establish transfers, recognize revenue, and increase expenditures.

NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Modesto that it hereby approves the amendments of the Fiscal Year 2022-2023 Capital Improvement Program Budget to fund project 101061 (Carpenter Road Area Soccer) in an amount not to exceed $640,000 in transfers, revenue and to budget expenditures to fund the projects.

BE IT FURTHER RESOLVED that the City Manager, or his designee, is hereby authorized to take the necessary steps to implement the provisions of this resolution. #14..
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05/02/2023/PRN/NHoux/Item XX 2 2023-XX
The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the 2nd day of May 2023, by Councilmember , who moved its adoption, which motion being duly seconded by Councilmember , was upon roll call carried and the resolution adopted by the following votes:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

ATTEST: ________________________________

DIANE NAYARES-PEREZ, CMC,
City Clerk
(SEAL)
APPROVED AS TO FORM:

BY: _____________________________________
JOSE M. SANCHEZ, City Attorney
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Bid Tabulation Tuesday, March 21, 2023
Project Title: Carpenter Road Area Soccer Complex, Phase 2 Project ID #: 2023-010
Vault ID #: 19-D-0381
Account #: 101061
Bid Opening: 3/14/2023 at 11:00 AM
Basis of Award: By Base Bid Designer: O'Dell Engineering Design Manager: Kristen Scheidt
Project Description: Construction of multiple natural turf soccer fields and landscaping, with landscape irrigation, a parking lot, sidewalks, area lighting, fencing and vehicle gates.

General Provisions Section 2.02(B) identifies the method the City uses to identify the lowest responsive and responsible bidder consistent with the requirements of Public Contract Code section 20103.8. Had the City not identified a method for determining the lowest responsive and responsible bidder, Public Contract Code section 20103.8 provides that the lowest bid shall be determined by the base bid. Regardless of whether the City determined the lowest bid by the base bid or the method identified in Section 2.02(B), the lowest responsible bidder is the same.

Item # Item Description Units Quantity Unit Price Extension Apparent Low Bidder
Machado & Sons Construction, Inc.
(209) 632-5260 1964 La Linda Court, Turlock, CA 95380
Base Bid
1 Mobilization & Demobilization LS 1 $65,748.00 $65,748.00 2 Construction Fencing LF 3299 $7.45 $24,577.55
3 SWPPP Implementation LS 1 $26,296.00 $26,296.00
4 Clear & Grub AC 10 $3,810.00 $38,100.00
5 Miscellaneous Demo LS 1 $23,392.00 $23,392.00
6 Rough Grading AC 10 $15,755.00 $157,550.00
7 Fire Hydrant Relocation LS 1 $6,520.00 $6,520.00
8 Post and Rail Fencing LF 42 $276.00 $11,592.00
9 Single Hung Gate EA 1 $9,602.00 $9,602.00
10 Double Hung Gate EA 2 $17,843.00 $35,686.00
11 6” Vertical Concrete Curbing LF 629 $39.00 $24,531.00 12 Parking Lot Asphalt Paving w/Agg SF 28498 $3.10 $88,343.80 13 Asphalt Edging LF 1439 $12.00 $17,268.00
14 Aggregate Surfacing Edging LF 58 $18.50 $1,073.00
15 Parking Lot Signage & Striping LS 1 $12,995.00 $12,995.00 16 Wheel Stops EA 8 $235.00 $1,880.00
17 6” Depth Aggregate Road Base SF 330 $4.00 $1,320.00
18 6” Depth Concrete Paving SF 3681 $8.40 $30,920.40
19 Stormwater Drainage LS 1 $16,805.00 $16,805.00
20 Fine Grading SF 244160 $0.08 $19,532.80
21 Soil Preparation SF 244160 $0.35 $85,456.00
22 Hydroseeded Turf SF 217482 $0.22 $47,846.04
23 Hydroseeded Bio-Filtration Blend SF 26678 $0.50 $13,339.00 24 Hydroseeded Non-Irrigation SF 65546 $0.16 $10,487.36 #14..
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25 Trees EA 21 $320.00 $6,720.00
26 Bark Mulch SF 7,108 $1.35 $9,595.80
27 Landscape Edging/Header LF 1305 $6.90 $9,004.50
28 Root Barrier LF 672 $19.00 $12,768.00
29 Irrigation LS 1 $233,277.00 $233,277.00
30 Truncated Domes SF 252 $35.00 $8,820.00
31 Permanent Bollard EA 8 $1,213.00 $9,704.00
32 Drinking Fountain EA 1 $18,474.00 $18,474.00
33 Bike Rack EA 1 $2,398.00 $2,398.00
34 Trash/Recycle Receptacle EA 4 $5,635.00 $22,540.00
35 Electrical Pedestal LS 1 $26,324.00 $26,324.00
36 Parking Lot Area Light Pole EA 5 $15,974.00 $79,870.00 37 Maintenance Period EA 3 $3,922.00 $11,766.00
(Monthly)
Subtotal: $1,222,122.25
Percent From Engineer's Estimate: 11.10%
Bid Alternate 1
101 Landscape Edging/Header LF 707 $0.22 $155.54
102 Fine Grading SF 94030 $0.01 $940.30
103 Soil Preparation SF 94030 ($0.01) ($940.30)
104 Hydroseeded Turf SF 94030 $0.02 $1,880.60
105 Irrigation LS 1 $1,845.32 $1,845.32
106 Maintenance Period (Monthly) EA 3 $74.87 $224.61
Subtotal: $4,106.07
Bid Alternate 2
201 Aggregate Edging LF 510 $6.80 $3,468.00
202 Aggregate Surfacing SF 24427 $1.00 $24,427.00
203 Hydroseeded Non-Irrigation SF 24427 ($0.14) ($3,419.78) Subtotal: $24,475.22
Bid Alternate 3
301 Parking Lot Asphalt Paving w/Agg SF 24427 $3.00 $73,281.00 302 Asphalt Edging LF 75 $12.40 $930.00
303 Aggregate Edging LF 510 ($6.48) ($3,304.80)
Subtotal: $70,906.20
Total: $1,321,609.74
George Reed Inc.
(209) 523-0734 P.O. Box 4760, Modesto, CA 95352
Base Bid
1 Mobilization & Demobilization LS 1 $95,000.12 $95,000.12 2 Construction Fencing LF 3299 $9.00 $29,691.00
3 SWPPP Implementation LS 1 $20,000.00 $20,000.00
4 Clear & Grub AC 10 $8,500.00 $85,000.00
5 Miscellaneous Demo LS 1 $12,000.00 $12,000.00
6 Rough Grading AC 10 $20,000.00 $200,000.00
7 Fire Hydrant Relocation LS 1 $3,150.00 $3,150.00
8 Post and Rail Fencing LF 42 $192.00 $8,064.00
9 Single Hung Gate EA 1 $14,500.00 $14,500.00
10 Double Hung Gate EA 2 $18,900.00 $37,800.00
11 6” Vertical Concrete Curbing LF 629 $26.00 $16,354.00 #14..
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12 Parking Lot Asphalt Paving w/Agg SF 28498 $4.60 $131,090.80 13 Asphalt Edging LF 1439 $12.00 $17,268.00
14 Aggregate Surfacing Edging LF 58 $12.00 $696.00
15 Parking Lot Signage & Striping LS 1 $11,675.00 $11,675.00 16 Wheel Stops EA 8 $150.00 $1,200.00
17 6” Depth Aggregate Road Base SF 330 $1.30 $429.00
18 6” Depth Concrete Paving SF 3681 $14.00 $51,534.00
19 Stormwater Drainage LS 1 $14,200.00 $14,200.00
20 Fine Grading SF 244160 $0.04 $9,766.40
21 Soil Preparation SF 244160 $0.20 $48,832.00
22 Hydroseeded Turf SF 217482 $0.14 $30,447.48
23 Hydroseeded Bio-Filtration Blend SF 26678 $0.26 $6,936.28 24 Hydroseeded Non-Irrigation SF 65546 $0.16 $10,487.36 25 Trees EA 21 $230.00 $4,830.00
26 Bark Mulch SF 7108 $0.57 $4,051.56
27 Landscape Edging/Header LF 1305 $11.00 $14,355.00
28 Root Barrier LF 672 $10.00 $6,720.00
29 Irrigation LS 1 $209,050.00 $209,050.00
30 Truncated Domes SF 252 $45.00 $11,340.00
31 Permanent Bollard EA 8 $950.00 $7,600.00
32 Drinking Fountain EA 1 $16,000.00 $16,000.00
33 Bike Rack EA 1 $750.00 $750.00
34 Trash/Recycle Receptacle EA 4 $3,380.00 $13,520.00
35 Electrical Pedestal LS 1 $20,000.00 $20,000.00
36 Parking Lot Area Light Pole EA 5 $19,000.00 $95,000.00 37 Maintenance Period EA 3 $9,300.00 $27,900.00
(Monthly)
Subtotal: $1,287,238.00
Percent From Engineer's Estimate: 17.02%
Bid Alternate 1
101 Landscape Edging/Header LF 707 $11.00 $7,777.00
102 Fine Grading SF 94030 $0.04 $3,761.20
103 Soil Preparation SF 94030 $0.20 $18,806.00
104 Hydroseeded Turf SF 94030 $0.16 $15,044.80
105 Irrigation LS 1 $50,800.00 $50,800.00
106 Maintenance Period (Monthly) EA 3 $3,600.00 $10,800.00 Subtotal: $106,989.00
Bid Alternate 2
201 Aggregate Edging LF 510 $12.00 $6,120.00
202 Aggregate Surfacing SF 24427 $2.00 $48,854.00
203 Hydroseeded Non-Irrigation SF 24427 ($0.16) ($3,908.32) Subtotal: $51,065.68
Bid Alternate 3
301 Parking Lot Asphalt Paving w/Agg SF 24427 $4.00 $97,708.00 302 Asphalt Edging LF 75 $12.00 $900.00
303 Aggregate Edging LF 510 ($9.00) ($4,590.00)
Subtotal: $94,018.00
Total: $1,539,310.68
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Sinclair General Engineering Construction, Inc.
(209) 847-6100 P.O. Box 1453, Oakdale, CA 95361
Base Bid
1 Mobilization & Demobilization LS 1 $17,000.00 $17,000.00 2 Construction Fencing LF 3299 $12.09 $39,884.91
3 SWPPP Implementation LS 1 $36,740.00 $36,740.00
4 Clear & Grub AC 10 $7,500.00 $75,000.00
5 Miscellaneous Demo LS 1 $20,151.60 $20,151.60
6 Rough Grading AC 10 $17,200.00 $172,000.00
7 Fire Hydrant Relocation LS 1 $12,870.00 $12,870.00
8 Post and Rail Fencing LF 42 $393.75 $16,537.50
9 Single Hung Gate EA 1 $7,654.50 $7,654.50
10 Double Hung Gate EA 2 $15,550.00 $31,100.00
11 6” Vertical Concrete Curbing LF 629 $48.97 $30,802.13 12 Parking Lot Asphalt Paving w/Agg SF 28498 $3.96 $112,852.08 13 Asphalt Edging LF 1439 $9.56 $13,756.84
14 Aggregate Surfacing Edging LF 58 $9.90 $574.20
15 Parking Lot Signage & Striping LS 1 $12,258.75 $12,258.75 16 Wheel Stops EA 8 $157.50 $1,260.00
17 6” Depth Aggregate Road Base SF 330 $12.00 $3,960.00 18 6” Depth Concrete Paving SF 3681 $16.44 $60,515.64
19 Stormwater Drainage LS 1 $9,350.00 $9,350.00
20 Fine Grading SF 244160 $0.08 $19,532.80
21 Soil Preparation SF 244160 $0.32 $78,131.20
22 Hydroseeded Turf SF 217482 $0.20 $43,496.40
23 Hydroseeded Bio-Filtration Blend SF 26678 $0.45 $12,005.10 24 Hydroseeded Non-Irrigation SF 65546 $0.14 $9,176.44
25 Trees EA 21 $263.00 $5,523.00
26 Bark Mulch SF 7108 $1.16 $8,245.28
27 Landscape Edging/Header LF 1305 $5.88 $7,673.40
28 Root Barrier LF 672 $16.80 $11,289.60
29 Irrigation LS 1 $220,745.00 $220,745.00
30 Truncated Domes SF 252 $92.45 $23,297.40
31 Permanent Bollard EA 8 $997.50 $7,980.00
32 Drinking Fountain EA 1 $37,070.00 $37,070.00
33 Bike Rack EA 1 $440.00 $440.00
34 Trash/Recycle Receptacle EA 4 $1,650.00 $6,600.00
35 Electrical Pedestal LS 1 $26,250.00 $26,250.00
36 Parking Lot Area Light Pole EA 5 $13,700.00 $68,500.00 37 Maintenance Period EA 3 $3,500.00 $10,500.00
(Monthly)
Subtotal: $1,270,723.77
Percent From Engineer's Estimate: 15.52%
Bid Alternate 1
101 Landscape Edging/Header LF 707 $4.73 $3,344.11
102 Fine Grading SF 94030 $0.74 $69,582.20
103 Soil Preparation SF 94030 $0.31 $29,149.30
104 Hydroseeded Turf SF 94030 $0.20 $18,806.00
105 Irrigation LS 1 $45,799.95 $45,799.95
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106 Maintenance Period (Monthly) EA 3 $1,869.00 $5,607.00 Subtotal: $172,288.56
Bid Alternate 2
201 Aggregate Edging LF 510 $6.41 $3,269.10
202 Aggregate Surfacing SF 24427 $3.42 $83,540.34
203 Hydroseeded Non-Irrigation SF 24427 ($0.14) ($3,419.78) Subtotal: $83,389.66
Bid Alternate 3
301 Parking Lot Asphalt Paving w/Agg SF 24427 $5.68 $138,745.36 302 Asphalt Edging LF 75 $11.74 $880.50
303 Aggregate Edging LF 510 ($6.41) ($3,269.10)
Subtotal: $136,356.76
Total: $1,662,758.75
Suarez & Munoz Construction, Inc.
(510) 782-6065 20975 Cabot Blvd., Hayward, CA 94545-1155 Base Bid
1 Mobilization & Demobilization LS 1 $68,000.00 $68,000.00 2 Construction Fencing LF 3299 $5.00 $16,495.00
3 SWPPP Implementation LS 1 $8,000.00 $8,000.00
4 Clear & Grub AC 10 $7,000.00 $70,000.00
5 Miscellaneous Demo LS 1 $20,000.00 $20,000.00
6 Rough Grading AC 10 $22,000.00 $220,000.00
7 Fire Hydrant Relocation LS 1 $5,000.00 $5,000.00
8 Post and Rail Fencing LF 42 $320.00 $13,440.00
9 Single Hung Gate EA 1 $4,000.00 $4,000.00
10 Double Hung Gate EA 2 $5,000.00 $10,000.00
11 6” Vertical Concrete Curbing LF 629 $68.00 $42,772.00 12 Parking Lot Asphalt Paving w/Agg SF 28498 $2.50 $71,245.00 13 Asphalt Edging LF 1439 $15.00 $21,585.00
14 Aggregate Surfacing Edging LF 58 $10.00 $580.00
15 Parking Lot Signage & Striping LS 1 $7,500.00 $7,500.00 16 Wheel Stops EA 8 $270.00 $2,160.00
17 6” Depth Aggregate Road Base SF 330 $6.00 $1,980.00
18 6” Depth Concrete Paving SF 3681 $20.00 $73,620.00
19 Stormwater Drainage LS 1 $12,000.00 $12,000.00
20 Fine Grading SF 244160 $0.15 $36,624.00
21 Soil Preparation SF 244160 $0.40 $97,664.00
22 Hydroseeded Turf SF 217482 $0.16 $34,797.12
23 Hydroseeded Bio-Filtration Blend SF 26678 $0.70 $18,674.60 24 Hydroseeded Non-Irrigation SF 65546 $0.20 $13,109.20 25 Trees EA 21 $200.00 $4,200.00
26 Bark Mulch SF 7108 $1.25 $8,885.00
27 Landscape Edging/Header LF 1305 $12.00 $15,660.00
28 Root Barrier LF 672 $15.00 $10,080.00
29 Irrigation LS 1 $297,000.00 $297,000.00
30 Truncated Domes SF 252 $69.00 $17,388.00
31 Permanent Bollard EA 8 $850.00 $6,800.00
32 Drinking Fountain EA 1 $10,000.00 $10,000.00
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33 Bike Rack EA 1 $1,000.00 $1,000.00
34 Trash/Recycle Receptacle EA 4 $2,950.00 $11,800.00
35 Electrical Pedestal LS 1 $14,000.00 $14,000.00
36 Parking Lot Area Light Pole EA 5 $21,500.00 $107,500.00 37 Maintenance Period EA 3 $8,000.00 $24,000.00
(Monthly)
Subtotal: $1,397,558.92
Percent From Engineer's Estimate: 27.05%
Bid Alternate 1
101 Landscape Edging/Header LF 707 $10.00 $7,070.00
102 Fine Grading SF 94030 $0.15 $14,104.50
103 Soil Preparation SF 94030 $0.40 $37,612.00
104 Hydroseeded Turf SF 94030 $0.16 $15,044.80
105 Irrigation LS 1 $58,000.00 $58,000.00
106 Maintenance Period (Monthly) EA 3 $2,000.00 $6,000.00 Subtotal: $137,831.30
Bid Alternate 2
201 Aggregate Edging LF 510 $10.00 $5,100.00
202 Aggregate Surfacing SF 24427 $6.00 $146,562.00
203 Hydroseeded Non-Irrigation SF 24427 ($0.20) ($4,885.40) Subtotal: $146,776.60
Bid Alternate 3
301 Parking Lot Asphalt Paving w/Agg SF 24427 $2.50 $61,067.50 302 Asphalt Edging LF 75 $15.00 $1,125.00
303 Aggregate Edging LF 510 ($10.00) ($5,100.00)
Subtotal: $57,092.50
Total: $1,739,259.32
Marina Landscape, Inc.
(714) 939-6600 3707 W. Garden Grove Blvd., Orange, CA 92868 Base Bid
1 Mobilization & Demobilization LS 1 $150,000.00 $150,000.00 2 Construction Fencing LF 3299 $4.60 $15,175.40
3 SWPPP Implementation LS 1 $3,900.00 $3,900.00
4 Clear & Grub AC 10 $7,000.00 $70,000.00
5 Miscellaneous Demo LS 1 $30,000.00 $30,000.00
6 Rough Grading AC 10 $17,000.00 $170,000.00
7 Fire Hydrant Relocation LS 1 $3,500.00 $3,500.00
8 Post and Rail Fencing LF 42 $240.00 $10,080.00
9 Single Hung Gate EA 1 $18,000.00 $18,000.00
10 Double Hung Gate EA 2 $23,000.00 $46,000.00
11 6” Vertical Concrete Curbing LF 629 $70.00 $44,030.00 12 Parking Lot Asphalt Paving w/Agg SF 28498 $5.70 $162,438.60 13 Asphalt Edging LF 1439 $5.50 $7,914.50
14 Aggregate Surfacing Edging LF 58 $2.85 $165.30
15 Parking Lot Signage & Striping LS 1 $7,500.00 $7,500.00 16 Wheel Stops EA 8 $130.00 $1,040.00
17 6” Depth Aggregate Road Base SF 330 $19.70 $6,501.00 18 6” Depth Concrete Paving SF 3681 $14.00 $51,534.00
19 Stormwater Drainage LS 1 $20,000.00 $20,000.00
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20 Fine Grading SF 244160 $0.10 $24,416.00
21 Soil Preparation SF 244160 $0.30 $73,248.00
22 Hydroseeded Turf SF 217482 $0.15 $32,622.30
23 Hydroseeded Bio-Filtration Blend SF 26678 $0.50 $13,339.00 24 Hydroseeded Non-Irrigation SF 65546 $0.25 $16,386.50 25 Trees EA 21 $250.00 $5,250.00
26 Bark Mulch SF 7108 $1.00 $7,108.00
27 Landscape Edging/Header LF 1305 $4.00 $5,220.00
28 Root Barrier LF 672 $7.60 $5,107.20
29 Irrigation LS 1 $313,000.00 $313,000.00
30 Truncated Domes SF 252 $115.00 $28,980.00
31 Permanent Bollard EA 8 $900.00 $7,200.00
32 Drinking Fountain EA 1 $35,000.00 $35,000.00
33 Bike Rack EA 1 $650.00 $650.00
34 Trash/Recycle Receptacle EA 4 $3,000.00 $12,000.00
35 Electrical Pedestal LS 1 $25,000.00 $25,000.00
36 Parking Lot Area Light Pole EA 5 $22,000.00 $110,000.00 37 Maintenance Period EA 3 $7,000.00 $21,000.00
(Monthly)
Subtotal: $1,553,305.80
Percent From Engineer's Estimate: 41.21%
Bid Alternate 1
101 Landscape Edging/Header LF 707 $6.00 $4,242.00
102 Fine Grading SF 94030 $0.03 $2,820.90
103 Soil Preparation SF 94030 $0.20 $18,806.00
104 Hydroseeded Turf SF 94030 $0.17 $15,985.10
105 Irrigation LS 1 $30,000.00 $30,000.00
106 Maintenance Period (Monthly) EA 3 $300.00 $900.00
Subtotal: $72,754.00
Bid Alternate 2
201 Aggregate Edging LF 510 $2.85 $1,453.50
202 Aggregate Surfacing SF 24427 $2.15 $52,518.05
203 Hydroseeded Non-Irrigation SF 24427 ($0.50) ($12,213.50) Subtotal: $41,758.05
Bid Alternate 3
301 Parking Lot Asphalt Paving w/Agg SF 24427 $4.40 $107,478.80 302 Asphalt Edging LF 75 $3.95 $296.25
303 Aggregate Edging LF 510 ($2.85) ($1,453.50)
Subtotal: $106,321.55
Total: $1,774,139.40
BrightView Landscape Development, Inc.
(925) 463-0700 7039 Commerce Circle, Ste. A, Pleasanton, CA 94588 Base Bid
1 Mobilization & Demobilization LS 1 $25,481.00 $25,481.00 2 Construction Fencing LF 3299 $12.58 $41,501.42
3 SWPPP Implementation LS 1 $22,769.92 $22,769.92
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4 Clear & Grub AC 10 $5,889.58 $58,895.80
5 Miscellaneous Demo LS 1 $2,172.33 $2,172.33
6 Rough Grading AC 10 $23,497.70 $234,977.00
7 Fire Hydrant Relocation LS 1 $10,490.04 $10,490.04
8 Post and Rail Fencing LF 42 $263.68 $11,074.56
9 Single Hung Gate EA 1 $8,999.65 $8,999.65
10 Double Hung Gate EA 2 $17,999.29 $35,998.58
11 6” Vertical Concrete Curbing LF 629 $77.90 $48,999.10 12 Parking Lot Asphalt Paving w/Agg SF 28498 $4.20 $119,691.60 13 Asphalt Edging LF 1439 $26.91 $38,723.49
14 Aggregate Surfacing Edging LF 58 $8.71 $505.18
15 Parking Lot Signage & Striping LS 1 $12,511.23 $12,511.23 16 Wheel Stops EA 8 $126.11 $1,008.88
17 6” Depth Aggregate Road Base SF 330 $4.99 $1,646.70
18 6” Depth Concrete Paving SF 3681 $18.75 $69,018.75
19 Stormwater Drainage LS 1 $12,145.88 $12,145.88
20 Fine Grading SF 244160 $0.18 $43,948.80
21 Soil Preparation SF 244160 $0.52 $126,963.20
22 Hydroseeded Turf SF 217482 $0.13 $28,272.66
23 Hydroseeded Bio-Filtration Blend SF 26678 $0.29 $7,736.62 24 Hydroseeded Non-Irrigation SF 65546 $0.10 $6,554.60
25 Trees EA 21 $262.64 $5,515.44
26 Bark Mulch SF 7108 $0.73 $5,188.84
27 Landscape Edging/Header LF 1305 $7.79 $10,165.95
28 Root Barrier LF 672 $19.80 $13,305.60
29 Irrigation LS 1 $312,421.69 $312,421.69
30 Truncated Domes SF 252 $80.25 $20,223.00
31 Permanent Bollard EA 8 $1,373.03 $10,984.24
32 Drinking Fountain EA 1 $14,304.90 $14,304.90
33 Bike Rack EA 1 $1,596.86 $1,596.86
34 Trash/Recycle Receptacle EA 4 $3,427.36 $13,709.44
35 Electrical Pedestal LS 1 $26,366.10 $26,366.10
36 Parking Lot Area Light Pole EA 5 $16,379.36 $81,896.80 37 Maintenance Period EA 3 $13,705.66 $41,116.98
(Monthly)
Subtotal: $1,526,882.83
Percent From Engineer's Estimate: 38.81%
Bid Alternate 1
101 Landscape Edging/Header LF 707 $7.65 $5,408.55
102 Fine Grading SF 94030 $0.18 $16,925.40
103 Soil Preparation SF 94030 $0.42 $39,492.60
104 Hydroseeded Turf SF 94030 $0.12 $11,283.60
105 Irrigation LS 1 $66,548.70 $66,548.70
106 Maintenance Period (Monthly) EA 3 $2,248.95 $6,746.85 Subtotal: $146,405.70
Bid Alternate 2
201 Aggregate Edging LF 510 $8.55 $4,360.50
202 Aggregate Surfacing SF 24427 $2.07 $50,563.89
203 Hydroseeded Non-Irrigation SF 24427 ($0.10) ($2,442.70) #14..
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Subtotal: $52,481.69
Bid Alternate 3
301 Parking Lot Asphalt Paving w/Agg SF 24427 $5.72 $139,722.44 302 Asphalt Edging LF 75 $22.88 $1,716.00
303 Aggregate Edging LF 510 ($8.55) ($4,360.50)
Subtotal: $137,077.94
Total: $1,862,848.16
Joe's Landscaping & Concrete
(408) 767-1949 P.O. Box 883, Newman, CA 95360
Base Bid
1 Mobilization & Demobilization LS 1 $35,000.00 $35,000.00 2 Construction Fencing LF 3299 $4.00 $13,196.00
3 SWPPP Implementation LS 1 $5,000.00 $5,000.00
4 Clear & Grub AC 10 $5,000.00 $50,000.00
5 Miscellaneous Demo LS 1 $10,000.00 $10,000.00
6 Rough Grading AC 10 $25,000.00 $250,000.00
7 Fire Hydrant Relocation LS 1 $10,000.00 $10,000.00
8 Post and Rail Fencing LF 42 $300.00 $12,600.00
9 Single Hung Gate EA 1 $8,000.00 $8,000.00
10 Double Hung Gate EA 2 $8,000.00 $16,000.00
11 6” Vertical Concrete Curbing LF 629 $75.00 $47,175.00 12 Parking Lot Asphalt Paving w/Agg SF 28498 $5.00 $142,490.00 13 Asphalt Edging LF 1439 $10.00 $14,390.00
14 Aggregate Surfacing Edging LF 58 $10.00 $580.00
15 Parking Lot Signage & Striping LS 1 $15,000.00 $15,000.00 16 Wheel Stops EA 8 $500.00 $4,000.00
17 6” Depth Aggregate Road Base SF 330 $3.00 $990.00
18 6” Depth Concrete Paving SF 3681 $25.00 $92,025.00
19 Stormwater Drainage LS 1 $20,000.00 $20,000.00
20 Fine Grading SF 244160 $0.65 $158,704.00
21 Soil Preparation SF 244160 $0.20 $48,832.00
22 Hydroseeded Turf SF 217482 $0.20 $43,496.40
23 Hydroseeded Bio-Filtration Blend SF 26678 $0.30 $8,003.40 24 Hydroseeded Non-Irrigation SF 65546 $0.20 $13,109.20 25 Trees EA 21 $800.00 $16,800.00
26 Bark Mulch SF 7108 $1.50 $10,662.00
27 Landscape Edging/Header LF 1305 $15.00 $19,575.00
28 Root Barrier LF 672 $10.00 $6,720.00
29 Irrigation LS 1 $350,000.00 $350,000.
30 Truncated Domes SF 252 $20.00 $5,040.00
31 Permanent Bollard EA 8 $500.00 $4,000.00
32 Drinking Fountain EA 1 $10,000.00 $10,000.00
33 Bike Rack EA 1 $2,500.00 $2,500.00
34 Trash/Recycle Receptacle EA 4 $2,500.00 $10,000.00
35 Electrical Pedestal LS 1 $30,000.00 $30,000.00
36 Parking Lot Area Light Pole EA 5 $16,800.00 $84,000.00 37 Maintenance Period EA 3 $8,000.00 $24,000.00
(Monthly)
Subtotal: $1,591,888.00
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Percent From Engineer's Estimate: 44.72%
Bid Alternate 1
101 Landscape Edging/Header LF 707 $15.00 $10,605.00
102 Fine Grading SF 94030 $0.70 $65,821.00
103 Soil Preparation SF 94030 $0.20 $18,806.00
104 Hydroseeded Turf SF 94030 $0.20 $18,806.00
105 Irrigation LS 1 $141,045.00 $141,045.00
106 Maintenance Period (Monthly) EA 3 $1,000.00 $3,000.00 Subtotal: $258,083.00
Bid Alternate 2
201 Aggregate Edging LF 510 $10.00 $5,100.00
202 Aggregate Surfacing SF 24427 $2.50 $61,067.50
203 Hydroseeded Non-Irrigation SF 24427 ($0.20) ($4,885.40) Subtotal: $61,282.10
Bid Alternate 3
301 Parking Lot Asphalt Paving w/Agg SF 24427 $6.00 $146,562.00 302 Asphalt Edging LF 75 $10.00 $750.00
303 Aggregate Edging LF 510 ($10.00) ($5,100.00)
Subtotal: $142,212.00
Total: $2,053,465.10
Engineer's Estimate
Base Bid
1 Mobilization & Demobilization LS 1 $6,000.00 $6,000.00 2 Construction Fencing LF 3299 $4.00 $13,196.00
3 SWPPP Implementation LS 1 $20,000.00 $20,000.00
4 Clear & Grub AC 10 $1,871.10 $18,711.00
5 Miscellaneous Demo LS 1 $5,000.00 $5,000.00
6 Rough Grading AC 10 $20,000.00 $200,000.00
7 Fire Hydrant Relocation LS 1 $9,999.99 $9,999.99
8 Post and Rail Fencing LF 42 $200.00 $8,400.00
9 Single Hung Gate EA 1 $3,000.00 $3,000.00
10 Double Hung Gate EA 2 $6,000.00 $12,000.00
11 6” Vertical Concrete Curbing LF 629 $30.00 $18,870.00 12 Parking Lot Asphalt Paving w/Agg SF 28498 $3.05 $86,918.90 13 Asphalt Edging LF 1439 $8.00 $11,512.00
14 Aggregate Surfacing Edging LF 58 $8.00 $464.00
15 Parking Lot Signage & Striping LS 1 $8,000.00 $8,000.00 16 Wheel Stops EA 8 $150.00 $1,200.00
17 6” Depth Aggregate Road Base SF 330 $2.00 $660.00
18 6” Depth Concrete Paving SF 3681 $7.50 $27,607.50
19 Stormwater Drainage LS 1 $7,000.00 $7,000.00
20 Fine Grading SF 244160 $0.10 $24,416.00
21 Soil Preparation SF 244160 $0.30 $73,248.00
22 Hydroseeded Turf SF 217482 $0.09 $19,573.38
23 Hydroseeded Bio-Filtration Blend SF 26678 $0.15 $4,001.70 24 Hydroseeded Non-Irrigation SF 65546 $0.15 $9,831.90
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25 Trees EA 21 $184.95 $3,883.95
26 Bark Mulch SF 7108 $0.50 $3,554.00
27 Landscape Edging/Header LF 1305 $8.00 $10,440.00
28 Root Barrier LF 672 $8.00 $5,376.00
29 Irrigation LS 1 $350,000.00 $350,000.00
30 Truncated Domes SF 252 $37.84 $9,535.68
31 Permanent Bollard EA 8 $1,200.00 $9,600.00
32 Drinking Fountain EA 1 $10,000.00 $10,000.00
33 Bike Rack EA 1 $1,500.00 $1,500.00
34 Trash/Recycle Receptacle EA 4 $2,000.00 $8,000.00
35 Electrical Pedestal LS 1 $24,500.00 $24,500.00
36 Parking Lot Area Light Pole EA 5 $13,000.00 $65,000.00 37 Maintenance Period EA 3 $3,000.00 $9,000.00
(Monthly)
Subtotal: $1,100,000.00
Bid Alternate 1
101 Landscape Edging/Header LF 707 $8.00 $5,656.00
102 Fine Grading SF 94030 $0.10 $9,403.00
103 Soil Preparation SF 94030 $0.30 $28,209.00
104 Hydroseeded Turf SF 94030 $0.09 $8,462.70
105 Irrigation LS 1 $119,000.00 $119,000.00
106 Maintenance Period (Monthly) EA 3 $1,500.00 $4,500.00 Subtotal: $175,230.70
Bid Alternate 2
201 Aggregate Edging LF 510 $8.00 $4,080.00
202 Aggregate Surfacing SF 24427 $2.50 $61,067.50
203 Hydroseeded Non-Irrigation SF 24427 ($0.15) ($3,664.05) Subtotal: $61,483.45
Bid Alternate 3
301 Parking Lot Asphalt Paving w/Agg SF 24427 $3.05 $74,502.35 302 Asphalt Edging LF 75 $8.00 $600.00
303 Aggregate Edging LF 510 ($8.00) ($4,080.00)
Subtotal: $71,022.35
Total: $1,407,736.50
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CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

May 2, 2023
Date: April 11, 2023
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: Laurie A. Smith, Director of Parks, Recreation and Neighborhoods Department Jessica Hill, Interim Community and Economic Development Director SUBJECT: Purchase and Sale Agreement of Tuolumne River Regional Park Land to Stanislaus Regional Housing Authority
CONTACT: Nathan Houx, Parks Planning and Development Manager, [email protected], 209-571-5526
Jessica Hill, Interim Community and Economic Development Director [email protected], 209-577-5321
DESCRIPTION:

Consider approving the sale of 3.948 Acres of real property at 1500 Robertson Road jointly owned by the City of Modesto, the City of Ceres and the County of Stanislaus as part of the Tuolumne River Regional Park for $470,000 to the Stanislaus Regional Housing Authority to be used for construction of Parque Rio, a 92-unit multi-family affordable housing development. (Funding Source: TRRP Operating Fund)
STRATEGIC PLAN ELEMENT:

This item is consistent with the following 2020-2025 Strategic Plan Area of Focus: Quality of Life and Governance and Service Delivery.

BACKGROUND:

The availability of affordable housing is extremely limited in Modesto. To assist with this shortage, local jurisdictions partner with affordable housing developers to acquire, renovate, and/or develop affordable housing units, using a variety of funding sources including, but not limited to local, State, and Federal funds with the goal of supplementing the affordable housing inventory within the community.

The Stanislaus Regional Housing Authority (Housing Authority) is a local affordable housing developer with vast experience in the development and management of affordable housing units and is the largest landlord of multifamily and senior housing for low- and moderate-income populations within Stanislaus County and other areas in the region. The Housing Authority owns and manages approximately 1,800 rental units in Modesto and manages 4,800 Housing Choice Vouchers. Over the years, the Housing Authority has had a successful track record of working with local jurisdictions within Stanislaus County in the development of affordable housing #15..
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City Council, May 2, 2023
Purchase and Sale Agreement of Tuolumne River Regional Park Land to Stanislaus Regional Housing Authority

Page 2 of 4 ends

projects providing safe and decent housing for low-and-moderate income individuals and families within the region. The Housing Authority is a public agency, and members of its board are appointed by the Stanislaus County Board of Supervisors.

The Stanislaus Regional Housing Authority is requesting approval of a purchase and sale Agreement to acquire 3.948 acres of land of the subject property for the construction of 92 affordable housing units. The subject property is located at 1500 Robertson Road and is owned by the members of the Tuolumne River Regional Park (TRRP) Joint Powers Authority (JPA), which is comprised of the County of Stanislaus, City of Ceres, and the City of Modesto. The property is 28 acres of open space and is located on the south side of Robertson Road, west of Sutter Avenue, in the southwesterly portion of the City of Modesto, with APN 037-023-002.

The property is under the jurisdiction of the City of Modesto and has a zoning designation of R1, Single Family Residential. The property is within the Tuolumne River Comprehensive Planning District of the General Plan and has a General Plan designation of Open Space (OS).

The surrounding properties to the north and west also have R-1 zoning.

DISCUSSION:

The Housing Authority has expressed interest in purchasing a portion of the property located at 1500 Robertson Road to develop 92 affordable housing units. On March 17, 2021, the TRRP Citizens Advisory Committee (CAC) conceptually recommended approval of the sale of a portion of the parcel located at 1500 Robertson Road to the Housing Authority. The proposal described the purchase/acquisition of 3.948 acres of the subject property to be used for the development of affordable housing. The
Tuolumne River Regional Park JPA
Commission also conceptually recommended
approval on May 5, 2021, to move forward with
an appraisal and return for review and
approval of the potential land acquisition.

The graphic shown on the right represents the
portion of the parcel to be acquired which
consists of the northerly portion of the parcel:

This section of the property is not currently
used for park or recreational purposes.

However, this section is currently planned for a
soccer complex. Upon approval of this land
sale, the property will be impacted by the loss
of one full soccer field (from 12 fields to 11
fields total), the reduction in size of one
additional soccer field, and a potential reduction in parking of about 104 spaces (from 777 spaces to 673 spaces total). However, it is possible that the other parking lots could be redesigned to make up for a portion of the reduction in parking.

The proposed project concept is of a new construction development to be known as the Parque Rio development and consists of two separate housing complexes totaling 92 housing units.

The first complex will consist of 70 one and two-bedroom housing units which will serve lowParque Rio #15..
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City Council, May 2, 2023
Purchase and Sale Agreement of Tuolumne River Regional Park Land to Stanislaus Regional Housing Authority

Page 3 of 4 ends

income families. The second complex will provide 22 accessible and adaptable one bedroom, one bath units for senior housing. Both complexes will include in-unit laundry, community rooms, playgrounds, BBQ areas, and an office for the property manager. The proposed project concept for this site include elements to create an environmentally balanced site that provide a sense of security and community and a tranquil atmosphere.

The Parque Rio project will provide much needed affordable workforce and senior housing options for households with incomes of up to 120% of the area median income (AMI). The existing neighborhood consists of residential and multifamily housing along the north and west sides and City of Modesto Wastewater Treatment Facilities on the east and south side. The Housing Authority also maintains a property management office across the street from the proposed housing development.

Under the TRRP Joint Powers Agreement, the property is owned jointly by Stanislaus County, City of Ceres, and City of Modesto. Accordingly, the City of Modesto must approve of the sale of the TRRP property as a member of JPA. In addition, since they are part owners of the property, the City of Ceres and Stanislaus County must also approve of the sale of the TRRP property.

On January 24, 2023, by Council Resolution 2023-33, Council approved the sale of approximately 5.01 acres of land located adjacent to the parcel to the City of Modesto for a new entrance to the sewer treatment plant. Taking into consideration the prior sale, after this sale, TRRP will retain a remainder of 19.172 acres. The City of Modesto will file a record of survey to show the established boundaries of the two parcels.

The Tuolumne River Regional Park Citizens Advisory Committee (TRRP CAC) voted 6-1 to recommend the approval of this sale of land at their January 25, 2023 meeting. In addition, the TRRP JPA Commission on February 8, 2023, by a vote of 3-0, recommended the sale of this land and forwarded to the legislative bodies of the members of the JPA for approval.

The sale of the property to another public agency for that agency’s use is exempt from compliance with the Surplus Land Act, because the property is “exempt surplus property” pursuant to Government Code Section 54221 (f)(1)(D).

Staff believes the appraised value is within fair market range for the property. The attached appraisal was prepared by Mann & Associates on March 16, 2022, and the property was appraised at $470,000. Staff recommends approving the sale of this property.

Pursuant to the Subdivision Map Act, Government Code Section 66428 (a)(2), the creation of parcels of land conveyed to or from a public agency is exempt from the requirement of obtaining a parcel map. Therefore, the creation of the 3.948-acre parcel is allowed to be created by legal description and then transferred between the parties by grant deed.

FISCAL IMPACT:

The attached appraisal was prepared by Mann & Associates on March 16, 2022, and the property was appraised at $470,000. Proceeds of the sale will be disbursed to the TRRP Operating Fund (Fund 6700) at the City of Modesto and will be allocated in accordance with the requirements of the TRRP JPA Agreement. The Agreement states that revenues shall be applied against expenditures for that fiscal year. If revenue exceeds expenditures, the excess shall be allocated to the parties’ contribution accounts in proportion to the size of each such account.
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City Council, May 2, 2023
Purchase and Sale Agreement of Tuolumne River Regional Park Land to Stanislaus Regional Housing Authority

Page 4 of 4 ends

No budget adjustment is required at this time. Staff have budgeted the increase in revenue to the TRRP operating budget beginning in the FY2023/24.

COMMITTEE RECOMMENDATION:

This item was reviewed by the Safety and Communities Committee on April 10, 2023, and the Committee recommended forwarding the item to Council for approval.

CEQA/NEPA REQUIREMENTS:

The initial project was determined to be Categorically Exempt under CEQA: Section 21080.13 Public Resources Code. Prior to construction, the project will be reviewed to determine if there are any changes requiring further environmental documentation.

RECOMMENDED COMMITTEE ACTION:

Staff Recommendations:

Resolution approving the sale of 3.948 Acres of real property at 1500 Robertson Road jointly owned by the City of Modesto, the City of Ceres and the County of Stanislaus as part of the Tuolumne River Regional Park for $470,000, to the Stanislaus Regional Housing Authority to be used for construction of Parque Rio, a 92-unit multi-family affordable housing development and authorizing the City Manager, or his designee, to execute the Purchase and Sale Agreement, and all related documents required to complete the transaction and close of escrow.

Approved by:

Laurie A. Smith, Director
Parks, Recreation & Neighborhoods Department
Jessica Hill, Interim Community and Economic
Development Director
Joseph P. Lopez, City Manager
Attachments:

1. Resolution

2. Purchase and Sale Agreement & Exhibits

3. Appraisal from Mann & Associates – March 16, 2022

4. Conceptual Drawing of the Carpenter Road Area Soccer Complex #15..
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05/02/2023/PRN/NHoux/Item XX 1 2023-XXX

MODESTO CITY COUNCIL
RESOLUTION NO. 2023-
RESOLUTION APPROVING THE SALE OF 3.948 ACRES OF REAL
PROPERTY AT 1500 ROBERTSON ROAD JOINTLY OWNED BY THE CITY

OF MODESTO, THE CITY OF CERES AND THE COUNTY OF STANISLAUS AS PART OF THE TUOLUMNE RIVER REGIONAL PARK FOR $470,000, TO

THE STANISLAUS REGIONAL HOUSING AUTHORITY TO BE USED FOR CONSTRUCTION OF PARQUE RIO, A 92-UNIT MULTI-FAMILY

AFFORDABLE HOUSING DEVELOPMENT AND AUTHORIZING THE CITY

MANAGER, OR HIS DESIGNEE, TO EXECUTE THE PURCHASE AND SALE

AGREEMENT, AND ALL RELATED DOCUMENTS REQUIRED TO

COMPLETE THE TRANSACTION AND CLOSE OF ESCROW
WHEREAS, the availability of affordable housing is extremely limited in Modesto and to assist with this shortage, local jurisdictions partner with affordable housing developers to acquire, renovate, and/or develop affordable housing units, using a variety of funding sources including, but not limited to local, State, and Federal funds with the goal of supplementing the affordable housing inventory within the community; and
WHEREAS, the Stanislaus Regional Housing Authority (Housing Authority) is a local affordable housing developer with vast experience in the development and management of affordable housing units and is the largest landlord of multifamily and senior housing for low- and moderate-income populations within Stanislaus County and other areas in the region; and
WHEREAS, over the years, the Housing Authority has had a successful track record of working with local jurisdictions within Stanislaus County in the development of affordable housing projects providing safe and decent housing for low-and-moderate income individuals and families within the region; and
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05/02/2023/PRN/NHoux/Item XX 2 2023-XXX
WHEREAS, the Stanislaus Regional Housing Authority is requesting approval of a purchase and sale agreement to acquire 3.948 acres of land of the subject property for the construction of 92 affordable housing units; and
WHEREAS, the subject property is located at 1500 Robertson Road and is owned by the members of the Tuolumne River Regional Park (TRRP) Joint Powers Authority (JPA), which is comprised of the County of Stanislaus, City of Ceres, and the City of Modesto; and
WHEREAS, on March 17, 2021, the TRRP Citizens Advisory Committee conceptually recommended approval of the sale of a portion of the parcel located at 1500 Robertson Road to the Housing Authority; and
WHEREAS, on May 5, 2021, the Tuolumne River Regional Park JPA Commission also conceptually recommended approval, to move forward with an appraisal, and return for review and approval of the potential land acquisition; and WHEREAS, an appraisal was prepared by Mann & Associates on March 16, 2022, and the property was appraised at $470,000, and staff believes the appraised value is within fair market range for the property; and
WHEREAS, the sale of the property to another public agency for that agency’s use is exempt from compliance with the Surplus Land Act, because the property is “exempt surplus property” pursuant to Government Code Section 54221 (f)(1)(D); and WHEREAS, Pursuant to the Subdivision Map Act, Government Code Section 66428 (a)(2), the creation of parcels of land conveyed to or from a public agency is exempt from the requirement of obtaining a parcel map and therefore, the creation of the #15..
- 465 -
05/02/2023/PRN/NHoux/Item XX 3 2023-XXX

3.948-acre parcel is allowed to be created by legal description and then transferred between the parties by grant deed; and
WHEREAS, the Tuolumne River Regional Park Citizens Advisory Committee, on January 25, 2023, by a vote of 6-1, recommended the sale of this land; and WHEREAS, the Tuolumne River Regional Park JPA Commission on February 8, 2023, by a vote of 3-0, recommended the sale of this land and forwarded to the legislative bodies of the members of the JPA for approval; and
WHEREAS, the item was reviewed by the Safety and Communities Committee on April 10, 2023, and the Committee recommended the item be forwarded to Council for approval; and
WHEREAS, proceeds of the sale in the amount of approximately $470,000 will be disbursed to the TRRP Operating Fund (Fund 6700) at the City of Modesto and will be allocated in accordance with the requirements of the TRRP JPA agreement.

NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Modesto that it hereby authorizes the sale of 3.948 Acres of real property at 1500 Robertson Road, jointly owned by the City of Modesto, the City of Ceres, and the County of Stanislaus as part of the Tuolumne River Regional Park, for $470,000 to the Stanislaus Regional Housing Authority to be used for construction of Parque Rio, a 92-unit multi-family affordable housing development.

BE IT FURTHER RESOLVED that the City Manager, or his designee, is authorized on behalf of the City to execute the Purchase and Sale Agreement, in a form approved by the City Attorney, and all related documents required to complete the transaction and close of escrow.
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05/02/2023/PRN/NHoux/Item XX 4 2023-XXX
BE IT FURTHER RESOLVED that sale of the property to the Stanislaus Regional Housing Authority is exempt from compliance with the Surplus Land Act, because the property is “exempt surplus property” pursuant to Government Code Section 54221 (f)(1)(D).

The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the 2nd day of May, 2023, by Councilmember who moved its adoption, which motion being duly seconded by Councilmember , was upon roll call carried and the resolution adopted by the following vote:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

ATTEST: _____________________________

DIANE NAYARES-PEREZ, CMC,
City Clerk
(SEAL)
APPROVED AS TO FORM:

BY: ____________________________________
JOSE M. SANCHEZ, City Attorney
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1 PURCHASE AND SALE AGREEMENT

WITH ESCROW INSTRUCTIONS
This Purchase and Sale Agreement with Escrow Instructions (hereafter “Agreement”) is made this day of , 2023 (the
“Effective Date”), by and between the STANISLAUS COUNTY, a political subdivision of the State of California, the CITY OF CERES, a California municipal corporation, the CITY OF MODESTO, a California charter city (collectively hereafter “SELLERS”) and the HOUSING AUTHORITY OF THE COUNTY OF STANISLAUS, a California public agency (hereafter “BUYER”). SELLERS and BUYER may each be referred to herein as a “Party” or collectively as the “Parties”. This Agreement is made with reference to the following recitals:

RECITALS
WHEREAS, SELLERS are comprised of three independent public agencies each of which is a party to the “Agreement Between County of Stanislaus, City of Modesto and City of Ceres Relating to the Acquisition, Development and Operation of the Tuolumne River Regional Park” entered into on February 19, 1972 (as amended from time to time, the “Joint Agreement”) which created the Tuolumne River Regional Park (“TRRP”) and established the Tuolumne River Regional Park Committee (“TRRP Committee”) to operate the TRRP; and
WHEREAS, SELLERS own, through their participation in the Joint Agreement, an undivided interest of approximately 28 acres of real property located in the City of Modesto commonly known as 1500 Robertson Road and more particularly described in Exhibit “B” as parcel A, as shown on that certain parcel map filed for record July 7, 1966, in Book 2 of Parcel Maps at Page 12, Stanislaus County Records, attached hereto and incorporated herein by this reference and being assessor’s parcel number 037-023- 002 (hereafter the “Property”); and
WHEREAS, SELLERS desire to sell and are willing to sell to BUYER, on the terms and conditions herein, fee simple title in a 3.948-acre portion of the Property (hereafter referred to as the “Subject Property”) which is more particularly described and shown in Exhibit “A”, attached hereto and incorporated herein by this reference; and WHEREAS, BUYERS desire to buy and are willing to buy from SELLER, on the terms and conditions herein, fee simple title in the Subject Property; WHEREAS, sale of the Property is exempt from the requirements of the Subdivision Map Act pursuant to Government Code section 66426.5; WHEREAS, the Subject Property is undeveloped and has never been improved or used as a public park; and
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2 WHEREAS, BUYER and SELLERS acknowledge and agree that the Subject Property is necessary for public use, that is, the construction of improvements for affordable housing by the BUYER, and
WHEREAS, BUYER intends on using the Subject Property for the following purpose: to construct and operate housing units affordable to low-income households, and WHEREAS SELLERS agree that all proceeds from the sale of the Subject Property will be disbursed to the Special Revenue Fund set forth in Section 5 of the Joint Agreement, now designated as the Tuolumne River Regional Park (TRRP) Operating Fund (Fund 6700) managed by the City of Modesto, and shall so instruct Escrow Holder through the Escrow Instructions contained herein; and
WHEREAS, the SELLERS hereby agree that all revenues derived from sale of subject property will be allocated to the Parties’ Contribution Accounts in accordance with the requirements of the Joint Agreement.

NOW, THEREFORE BUYER and SELLERS agree as follows:

Section 1. RECITALS.

The Parties agree that the foregoing recitals are true and correct and are part of this Agreement.

Section 2. EFFECTIVE DATE OF AGREEMENT.

The Effective Date of the Agreement, as set forth hereinabove, shall be the date City Council of City of Modesto approves the Agreement.

Section 3. PURCHASE AND SALE.

SELLERS agree to sell and BUYER agrees to purchase the Subject Property subject to the terms and conditions in this Agreement.

Section 4. PURCHASE PRICE.

The full purchase price for the Subject Property shall be FOUR HUNDRED SEVENTY THOUSAND AND NO/100 DOLLARS
($470,000), (the “Purchase Price”).

BUYER shall pay the full Purchase Price to SELLERS by depositing the full sum into an escrow account at Chicago Title Company at 1700 Standiford Road, Modesto, CA 95350.

Section 5. ESCROW. ESCROW AGENT. ESCROW INSTRUCTIONS.

By this Agreement, BUYER and SELLERS shall establish an escrow (“Escrow”) to consummate the sale of the Subject Property according to the terms of this Agreement, at the office of Chicago Title Company (“Title Company”), 1700 Standiford Ave, Suite 110, Modesto, California, 95350, Attention: Pamela Shaw (“Escrow Agent”), subject to Escrow Agent’s standard instructions and the terms of this Agreement. An #15..
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3 executed copy of this Agreement shall be delivered as escrow instructions to Escrow Agent. In the event of any conflict between the terms of this Agreement and Escrow Agent’s standard escrow instructions, the terms of this Agreement shall control. Escrow Agent shall deliver a Preliminary Title Report for the Subject Property (the “Preliminary Report”) to BUYER.

At least ten (10) days prior to the Closing Date (as defined in Section 12), Escrow Agent shall notify BUYER and SELLERS in writing of the estimated costs to close escrow to include the following:
a. The estimated cost of premium for the CLTA standard coverage title insurance policy in the full amount of the Purchase Price of the Subject Property;
b. Escrow Agent’s escrow fees:
c. An estimate for any governmental fees to be charged; and d. An estimate of recording fees.

Section 6. CONDITIONAL PURCHASE, CONDITIONS PRECEDENT,
CONDITIONS TO BUYER’S PERFORMANCE.

SELLERS understand and agree that BUYER’s agreement to purchase the Subject Property is a conditional one and is contingent on multiple conditions, each of which must be satisfied. The close of escrow and BUYER’s obligation to purchase the Subject Property pursuant to this Agreement are contingent on the satisfaction or written waiver by BUYER of each of the following conditions which are solely for BUYER’s benefit unless otherwise indicated. Any of said conditions may be waived by BUYER, so long as such waiver is in writing. The Executive Director of BUYER is authorized to waive any such condition and/or give any notices under this Agreement on behalf of BUYER.
a. SELLERS’ Representations and Warranties. SELLERS’ representations and warranties being correct as of the Effective Date of this Agreement and as of the Closing Date.
b. Marketable Title. The conveyance to BUYER of good and marketable fee simple title to the Subject Property, as evidenced by a CLTA standard coverage title insurance policy issued by the Title Company in the full amount of the Purchase Price insuring title to the Subject Property vested in BUYER free and clear of all title defects, liens, encumbrances, conditions, covenants, restrictions, and other adverse interests of record or known to SELLERS, subject only to those exceptions approved by BUYER’s Executive Director in writing and the following: (i) the Approved Exceptions, as defined herein; and #15..
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4 (ii) general and special real property taxes and assessments constituting a lien not yet due and payable.
c. Possession/Condition of Subject Property. The delivery of possession of the Subject Property to BUYER immediately on the close of escrow, free and clear of all uses and occupancies except those approved in writing by BUYER’s Executive Director. The Subject Property will be conveyed by SELLERS to BUYER in an “as is” condition, with no warranty, express or implied, by SELLERS as to the physical condition including, but not limited to, the soil, its geology, or the presence of known or unknown faults or Hazardous Materials or hazardous waste (as defined by state and federal law); provided, however, that the foregoing shall not relieve SELLERS from disclosure of any such conditions of which SELLERS have actual knowledge.
d. SELLERS’ Performance of Obligations. SELLERS’ satisfactory performance of all of SELLERS’ obligations under this Agreement. e. Title Policy. Escrow’s Agent commitment to issue a CLTA standard coverage title insurance policy in the amount of the Purchase Price of the Subject Property subject only to approved exceptions. f. BUYER’s Right to Terminate Agreement/Waiver. If any condition set forth herein is not satisfied, or if BUYER notifies each of SELLERS in writing before the Closing Date of SELLERS’ breach of any of SELLERS’ warranties set forth in the Agreement, BUYER may, in BUYER’s sole discretion, cancel the escrow and terminate this Agreement by giving written notice to SELLERS and Escrow Agent before the Closing Date. The exercise of this power shall not waive any other rights BUYER may have against SELLERS for breach of contract.

If this Agreement terminates pursuant to this provision, the Parties shall be relieved of all further obligations and liabilities to each other under this Agreement except as otherwise provided herein and all funds and documents deposited with Escrow Agent shall be promptly returned by Escrow Agent to the depositing Party. In the event of such termination of the Agreement, BUYER shall bear any costs and expense of escrow. g. Approval by Buyer’s Board. Approval of the Agreement by the BUYER’s Board of Directors.

Section 7. SPECIAL CONDITIONS.
a. In addition to the Purchase Price, BUYER shall pay its portion of all escrow, recording and title insurance charges incurred at the close of escrow for the purchase of the Subject Property.
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5 b. Each Party represents that no real estate broker has been retained by the Party in the sale of the Property or the negotiation of this Agreement.

BUYER shall have no responsibility or liability for the payment of any real estate commission for the purchase and sale of the Subject Property. c. If the Property is encumbered by a mortgage(s), deed(s) of trust, or other secured instrument, SELLERS are responsible for payment of any demand under authority of said mortgage, deed of trust, or security interest and authorizes Escrow Agent to pay such amount out of SELLERS’ proceeds from the sale of the Subject Property. Such amounts may include but not be limited to payments of unpaid principal and interest.

Section 8. CONDITIONS TO SELLERS’ PERFORMANCE.

SELLERS’ obligation to perform under this Agreement is subject to the following conditions:
a. BUYER’s representations and warranties in this Agreement being correct as of the Effective Date of this Agreement and as of the Close of Escrow;
b. BUYER’s performance of all of BUYER’s obligations which it is required to perform pursuant to this Agreement.

Section 9. SELLERS’ REPRESENTATIONS AND WARRANTIES.

SELLERS warrant to BUYER that as of the Effective date of this Agreement and as of the Close of Escrow:
a. SELLERS own the Property and, except as disclosed herein, and in the Preliminary Report, SELLERS have no knowledge of any unrecorded or undisclosed legal or equitable interest in the Property owned or claimed by anyone other than SELLERS.
b. Leases. No leases, licenses or other agreements or arrangements allowing any third-party rights to use the Subject Property or any portion thereof are or will be in force. If any lease interest is discovered or identified, as a condition precedent to the approval of this Agreement by the City Council or the City of Modesto, quit claim deeds or similar releases sufficient to clear any such possessory rights from the Subject Property shall be obtained by SELLERS and delivered to BUYER by SELLERS.
c. Condition of the Property.
(i) SELLERS have no knowledge or notice of any buried or partially buried storage tanks located on the Subject Property #15..
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6 containing or having contained gasoline, diesel, herbicides, insecticides, or other petrochemicals;
(ii) To SELLERS’ knowledge the Subject Property is free from and has always been free from hazardous substances, hazardous materials or other contaminants;
(iii) SELLERS have not conducted any activity or allowed others to conduct any activity that has resulted in toxic or hazardous wastes or substances to be deposited on the Subject Property;
(iv) SELLERS have received no notice, warning, notice of violation, administrative complaint, judicial complaint, or other formal or informal notice alleging that conditions on the Subject Property are or have been in violation of any environmental law or informing SELLERS that the Subject Property is subject to investigation or inquiry regarding hazardous substances or hazardous materials on the Subject Property or the potential violation of any environmental law.
(v) The Subject Property has never been used as a dump or landfill. d. Litigation. There is no pending, or, to SELLERS actual knowledge, threatened litigation, administrative proceeding or other legal or governmental action with respect to the Subject Property. e. Disclosure. Any and all information that SELLERS have delivered to BUYER, either directly or through SELLERS agents is accurate, and SELLERS have disclosed all material facts with respect to the Subject Property.
f. New Facts. SELLERS shall promptly notify BUYER of any fact that would cause any of the representations contained in this Agreement to be untrue as of the Close of Escrow. If BUYER reasonably concludes that any new fact materially and adversely affects the Subject Property, BUYER shall have the option, in BUYER’s sole discretion, to terminate this Agreement by delivering written notice of same to SELLERS. In such event neither BUYER nor SELLERS shall have any further obligations to or rights against the other under this Agreement except as otherwise provided herein.
g. SELLERS have full power and authority to enter into and perform this Agreement. The execution, delivery and performance of this Agreement by SELLERS has been duly authorized by all necessary actions on the part of SELLERS, and all required consents or approvals of SELLERS have been duly obtained. Upon its execution, this Agreement is a legal, #15..
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7 valid and binding obligation of SELLERS, enforceable against it in accordance with its terms.

Section 10. BUYER’S REPRESENTATIONS AND WARRANTIES.

BUYER warrants to SELLERS that as of the date of this Agreement and as of the Close of Escrow:
a. BUYER is a California public agency validly existing and in good standing.
b. BUYER has full power and authority to enter into and perform this Agreement. The execution, delivery and performance of this Agreement by BUYER has been duly authorized by all necessary actions on the part of BUYER, and all required consents or approvals of BUYER have been duly obtained. Upon its execution, this Agreement is a legal, valid and binding obligation of BUYER, enforceable against in accordance with its terms.

Section 11. TITLE.
a. Within ten (10) days of the Effective Date of this Agreement, BUYER shall cause, at BUYER’s sole expense, Escrow Agent to issue to BUYER (with a copy to SELLERS) a preliminary report (hereinafter “Preliminary Report”) for a CLTA Policy of Title Insurance for the Subject Property, setting forth all liens, encumbrances, easements, restrictions, conditions, covenants, pending litigation, judgments, administrative proceedings and any other matters affecting SELLERS’ title to the Subject Property (hereafter “Exceptions”) together with copies of all documents relating to the Exceptions referred to in the Preliminary Report.
b. BUYER shall advise SELLERS in writing within twenty-one (21) days after receipt of the Preliminary Report of BUYER’s disapproval of any Exception or any other matter that adversely affects title to the Subject Property (hereafter “Disapproved Exception”). BUYER’s failure to advise SELLERS within twenty-one (21) days of receipt of the Preliminary Report of its disapproval of any exceptions disclosed in the Preliminary Report shall be deemed to be approval of any such exceptions (hereafter the “Approved Exceptions”). BUYER’s Executive Director is authorized to determine the condition of title and to provide the required notices hereunder.
c. As to any Disapproved Exception, SELLERS shall have the right, but not the obligation, within thirty (30) days, following expiration of the twenty-one (21) day period provided in Section11 (b) above, to cause each or any Disapproved Exception to be discharged, satisfied, released or terminated as the case may be, of record, and in a form that is #15..
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8 reasonably satisfactory to BUYER and Escrow Agent, all at SELLERS’ sole cost and expense. SELLERS authorize Escrow Agent to disperse from the cash portion of the purchase price and proceeds otherwise disbursable to SELLERS upon Close of Escrow with sum sufficient to discharge any Disapproved Exception that may be discharged only by the payment of money. If SELLERS are unable or unwilling to obtain a discharge, satisfaction, above, then this Agreement shall automatically terminate ten (10) business days after expiration of the thirty-day (30) period for curing the Disapproved Exceptions or after SELLERS advise BUYER in writing that SELLERS are unable or unwilling to cause such discharge, satisfaction, release, or termination, whichever occurs first, unless within such ten-business-day period BUYER’s Executive Director waives in writing such Disapproved Exception, in which event such Disapproved Exception shall be deemed an Approved Exception under this Exception under this Agreement. If this Agreement terminates pursuant to the foregoing sentence, neither BUYER nor SELLERS shall have any further obligations to or rights against each other under this Agreement except as otherwise provided herein and all funds and documents deposited with Escrow Agent shall be promptly refunded or returned, as the case may be, by Escrow Agent to the depositing Party.

Section 12. CLOSE OF ESCROW.
a. Title. Simultaneously with the Close of Escrow, Escrow Agent shall issue a CLTA policy of Title Insurance insuring BUYER in the amount of the Purchase Price, subject only to the following matters:
(i) Approved Exceptions by BUYER in accordance with
Section 11 of this Agreement.
b. SELLERS’ Deposit into Escrow. SELLERS shall deposit with Escrow Agent on or before the Close Date the following documents/items:
(i) A grant deed duly executed and acknowledged by
SELLERS suitable for recordation conveying to BUYER
good and marketable fee simple title to the Subject
Property subject only to Approved Exceptions in
accordance with Section 11 of this Agreement;
(ii) SELLERS affidavit of non-foreign status as contemplated by the United States Internal Revenue Code (FIRPTA
Affidavit);
(iii) SELLERS’ affidavit as contemplated by the California Revenue and Taxation Code (“Withholding Affidavit”);
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9 (iv) All other documents/items reasonably required by Escrow Agent to consummate Close of Escrow.
c. BUYER’s Deposit into Escrow. BUYER shall deposit with Escrow Agent on or before the Closing Date the following documents/items:
(i) The full Purchase Price in the form of cash or immediately available funds;
(ii) The total amount of fees and charges BUYER is
responsible to pay pursuant to Section 7 a. of this
Agreement in the form of cash or in immediately available funds;
(iii) All other documents/items reasonably required by Escrow Agent to consummate Close of Escrow;
(iv) A deed reflecting the parcel as described in Exhibit “A” and “B” to be recorded at the closing, or such other deed as requested by the Title Company.
d. Closing Date. BUYER and SELLERS agree the conveyance of the Property by SELLERS to BUYER in the closing of the transaction covered in this Agreement (“Close of Escrow”) shall take place on a date mutually agreeable to BUYER and SELLERS that is within twenty (20) days following the satisfaction of the last condition of those conditions set forth in Sections 6 and Section 11 of this Agreement, but in no event later than ninety (90) days from the Effective Date of this Agreement (the “Closing Date”). If escrow has not closed by the Closing Date, the Parties may extend the Closing Date by mutual agreement in writing or in the alternative either Party may elect to terminate this Agreement by notifying the other Party in writing of the election to terminate and in such event neither Party shall have any further obligations to or rights against the other under the Agreement.
e. Escrow Agent’s Duties. On the Closing Date, Escrow Agent shall close escrow as follows:
(i) Record the Grant Deed (marked for return to “BUYER”) in the Office of the Recorder of the County of Stanislaus
(which shall be deemed delivery to BUYER);
(ii) Issue the CLTA Policy of Title Insurance described in Section 6 b. of this Agreement.
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10 (iii) Per the Joint Agreement, on behalf of SELLERS, disburse into the Tuolumne River Regional Park Operating Fund
(Fund 6700), managed by the City of Modesto, the
Purchase Price less amounts and charges to be paid on
behalf of SELLERS;
(iv) Charge BUYER and SELLERS for those costs and
expenses to be paid by them respectively pursuant to this Agreement and disburse any net funds remaining after the preceding disbursement to BUYER.
(v) Prepare and deliver to both BUYER and SELLERS one
signed copy of Escrow Agent’s closing statement showing all receipts and disbursements of the Escrow;
(vi) Deliver to BUYER the FIRPTA Affidavit and Withholding Affidavit, if required;
(vii) Apportion costs, fees and expenses between SELLERS and BUYER in accordance with sub-section (f) below.

If Escrow Agent is unable to simultaneously perform all of the instructions set forth above, Escrow Agent shall notify BUYER and SELLERS and retain all funds and documents pending receipt of further instructions jointly by BUYER and SELLERS.
f. Prorations. Escrow Agent shall prorate the following costs at the Close of Escrow:
(i) BUYER shall pay:
i. The premium for the CLTA Policy Title Insurance; and ii. One-half of the escrow fee charged by Escrow Agent. (ii) SELLERS shall pay:
i. Any demand for payoff under authority of a mortgage, deed of trust or secured instrument of the Property
pursuant to Section 6 of this Agreement; and
ii. One-half of the escrow fee charged by Escrow Agent. g. Real Estate Taxes, Bonds and Assessments. The Parties to this agreement are all public agencies and are exempt from the payment of transfer taxes, recording fees and real property taxes. All #15..
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11 installments of any bond or assessment that constitutes a lien on the Property at the Close of Escrow shall be paid by SELLERS.

Section 13. POSSESSION.

Possession of the Subject Property shall be delivered to BUYER at the Close of Escrow.

Section 14. SELLERS’ PRECLOSING COVENANTS.

Commencing on the Effective Date of this Agreement and until the Close of Escrow:
a. SELLERS shall not permit any liens, encumbrances or easements to be placed on the Property, other than the Approved Exceptions, nor shall SELLERS enter into any Agreement regarding the sale, rental, management, repair, improvement or any other matter affecting the Property that would be binding on BUYER or on the Subject Property after the Close of Escrow without the prior written consent of BUYER.
b. SELLERS shall not permit any act of waste or act that would tend to diminish the value of the Subject Property for any reason, except that caused by ordinary wear and tear.
c. SELLERS shall maintain the Subject Property in its present condition subject to ordinary wear and tear, until the Close of Escrow.
d. If the Subject Property, or any portion of the Subject Property, is encumbered by a deed of trust, mortgage or any other secured instrument, SELLERS shall pay any demand under authority of said deed of trust, mortgage or secured instrument out of SELLERS’ proceeds of the sale of the Subject Property. Such amounts may include, but not be limited to payments of unpaid principle and interest.

Section 15. AMENDMENTS.

This Agreement shall not be amended, modified or changed except by an instrument in writing executed by the Parties. Any amendment or addendum to this Agreement shall expressly refer to this Agreement.

Section 16. WAIVERS.

No Breach of any provision of this Agreement can be waived unless in writing. Waiver of any one breach of a provision hereof shall not be deemed a waiver of any other breach of the same or any other provision or covenant in this Agreement, including the time for performance of any obligation. An extension of time for performance of any obligation #15..
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12 or act shall not be deemed an extension of time for performance of any other obligation or act.

The exercise by a Party of any remedy provided in this Agreement or at law shall not prevent the exercise by that Party of any other remedy provided in this Agreement or at law.

Section 17. SUCCESSORS. BINDING EFFECT.

This Agreement shall be binding on and inure to the benefit of the Parties to this Agreement and their heirs, personal representatives, successors, and assigns, except as otherwise provided in this Agreement.

Section 18. APPROVAL.

SELLERS acknowledge, understand and agree that this AGREEMENT is subject to the approval by BUYER’s Board of Directors and this Agreement shall have no force or affect unless and until such approval by the BUYER’s Board of Directors is obtained. BUYER similarly acknowledges that this AGREEMENT is subject to approval by the City Council of the City of Ceres, City Council of the City of Modesto and Board of Supervisors of the County of Stanislaus.

Section 19. AUTHORITY OF SELLERS.

SELLERS hereby represent and warrant that the signatories to this Agreement are authorized to enter into this Agreement to convey the Subject Property and that no other authorizations are required to implement this Agreement on behalf of the SELLERS. This Agreement has been negotiated at arm’s length and each Party has been represented by independent legal counsel in this transaction and this Agreement has been reviewed and revised by counsel to each of the Parties.

Accordingly, each Party hereby waives any benefit under any rule of law (including Section 1654 of the California Civil Code) or legal decision that would require interpretation of any ambiguities in this Agreement against the drafting Party.

Section 20. NOTICES.

All notices permitted or required to be given under this Agreement or which either SELLERS or BUYER desire to serve upon the other shall be in writing and shall be deemed to be properly given if delivered, mailed, or sent as follows:
a. A nationally recognized overnight courier, in which case notice shall be deemed delivered one (1) business day after deposit with that courier;
b. Hand delivery, in which case notice shall be deemed delivered upon receipt;
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13 c. By United States Mail, by postage prepaid, in which case notice shall be deemed delivered five (5) days after delivery in the United States Mail; or
All notices under this section shall be given as set forth below or to any other individual or addressed as may be designated by a Party:

Section 21. SEVERABILITY.

If any term or provision of this Agreement shall, to any extent, be held invalid or unenforceable, the remainder of the Agreement shall not be affected.

Section 22. GOVERNING LAW.

This Agreement shall be interpreted under and be governed by the laws of the State of California.

Section 23. REMEDIES
If, because of SELLERS’ default or breach of this Agreement, the purchase and sale of the Subject Property is not consummated as set forth herein by the Closing Date, BUYER shall be entitled to either (a) seek specific SELLERS: BUYER:

By United States Mail, Personal
Delivery or Overnight Mail:

City of Modesto
ATTN: City of Modesto (TRRP)
c/o Laurie A. Smith, Director of PRN
P.O. Box 642
1010 10th Street, Suite 4400
Modesto, CA 95353
Stanislaus County
ATTN: Stanislaus County
c/o Jody Hayes, CEO
1010 10th Street
Modesto, CA 95354
City of Ceres
ATTN: City of Ceres
c/o Alex Terrazas, City Manager
2220 Magnolia Street
Ceres, CA 95307
By United States Mail, Personal
Delivery or Overnight Courier:

Housing Authority of County of
Stanislaus
Attn: Executive Director
P.O. Box 581918
Modesto, CA 95358
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14 performance from SELLERS or (b) to do any of the following: (i) to waive the breach or default and proceed to close as provided herein; (ii) to extend the time for performance and the Closing Date until SELLER is able to perform; or (iii) to terminate this Agreement upon written notice to SELLER, whereupon SELLER shall cause Escrow AGENT to return to BUYER any and all sums placed into the Escrow by BUYER, and except for the rights and obligations expressly provided to survive termination of this Agreement, neither Party shall have any further obligations or liabilities to each other hereunder. In the event of a breach or default hereunder by BUYER and the closing does not occur due to such default, BUYER shall be responsible for any fees owed to the Title Company and Escrow Officer.

The Parties agree that SELLERS shall have no other remedies. IN NO

EVENT SHALL EITHER PARTY BE ENTITLED TO LOST PROFITS

OR CONSEQUENTIAL DAMAGES AS A RESULT OF THE OTHER
PARTY’S BREACH OF THIS AGREEMENT.

Section 24. ATTORNEY’S FEES.

If any action, proceeding is commenced between the Parties arising out of or relating to this Agreement, the prevailing Party in that action or proceeding shall be entitled to receive from the other Party, in addition to any other relief that may be granted, the reasonable attorney’s fees, costs and expenses incurred in the action or proceeding by the prevailing Party.

Section 25. COUNTERPARTS SIGNATURE.

This Agreement may be executed in counterparts, each of which shall be an original, but all counterparts shall constitute one contract.

Section 26. ENTIRE AGREEMENT.

This Agreement and the documents referenced herein contain the entire Agreement between the Parties to this Agreement.

Section 27. TIME.

Time is of the essence of this Agreement.
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15 IN WITNESS WHEREOF, the City of Modesto, a charter city and municipal corporation, has authorized the execution of this Agreement by its City Manager and attestation by its City Clerk by Resolution No. 2023- adopted by the Council on the day of ____________, 2023, and Stanislaus County, a political subdivision of the State of California, the City of Ceres, a municipal corporation, and the Housing Authority of County of Stanislaus, a California public agency, have caused this Agreement to be duly executed as of the Effective Date.

CITY OF MODESTO (As one of the SELLERS),
a municipal corporation
By:

JOSEPH P. LOPEZ, City Manager
ATTEST:

By:

DIANE NAYARES-PEREZ, CMC, City Clerk
APPROVED AS TO LEGAL FORM:

By:

JOSE M. SANCHEZ, City Attorney
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16 STANISLAUS COUNTY (As one of the SELLERS),
a political subdivision of the State of California
By: ___
JODY HAYES, Chief Executive Officer
ATTEST:

By:

ELIZABETH A. KING, Clerk of the Board
Approved as to Legal Form:

STANISLAUS COUNTY COUNSEL
Thomas E. Boze, County Counsel
By:

G. MICHAEL ZIMAN, Deputy County Counsel
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17 CITY OF CERES (As One of the SELLERS),
a municipal corporation
By:

ALEX TERRAZAS, City Manager
ATTEST:

By:

FALLON MARTIN, City Clerk
APPROVED AS TO LEGAL FORM:

By:

NUBIA GOLDSTEIN, City Attorney
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18 HOUSING AUTHORITY OF COUNTY OF STANISLAUS (as BUYER), a California public agency
By:

JIM KRUSE, Executive Director
(SEAL)

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19 EXHIBIT A
Attached Plat & Legal Description of Subject Property
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©COPYRIGHT 2021 DF ENGINEERING, INC.

DATE Jun.,2021
SCOTT THOMAS DELAMARE LS 8078
SIGNED:

OF
JOB
AUTHOR
SCALE
CK. BY
PAGE
DATE
2113
DF ENGINEERING , INC. CIVIL ENGINEERING AND SURVEYING
3421 TULLY ROAD · SUITE J · MODESTO, CA 95350 TELEPHONE (209) 529-7450 · EMAIL [email protected] R:\ACTIVE PROJ\2021\2113\Dwg\Exhibit\2113_LegalPlat_4acres.dwg, 1_Desc, Jun 23, 2021, 11:23am, scott June 23, 2021 N/A
NIP
STD
1 2

EXHIBIT A

LEGAL DESCRIPTION FOR

STANISLAUS REGIONAL HOUSING AUTHORITY
All that portion of
PARCEL A of the Parcel Map filed in
Book 2 of Parcel Maps at Page 12, Stanislaus County Records, lying in the Southeast Quarter of the Southeast Quarter of Section 6, Township 4 South, Range 9 East, Mount Diablo Meridian, City of Modesto, County of Stanislaus, State of California, described as follows:

COMMENCING at a 2 inch iron pipe in a well at the intersection of the centerlines of Hays Street and Robertson Road as shown on the Survey filed in Book 26 of Surveys at Page 81, Stanislaus County Records; thence along said centerline of Robertson Road, North 89°54'43" East, 214.61 feet to the Northerly extension of the East line of PARCEL B of said Parcel Map; thence along said Northerly extension, South 00°14'06" West, 20.00 feet to the Northwest corner of said PARCEL A, being on the South line of said Robertson Road and the TRUE POINT OF BEGINNING of this description; thence along said South line, North 89°54'43" East, 717.11 feet to a parallel line being 389.93 feet, measured at right angles, Westerly of the East line of said Section 6 as shown on said Survey; thence along said parallel line, South 00°27'59" West, 240.01 feet to a parallel line being 240.00 feet, measured at right angles, Southerly of said South line; thence along said parallel line, South 89°54'43" West, 716.14 feet to the Southeast corner of said PARCEL B; thence along said East line of PARCEL B, North 00°14'06" East, 240.00 feet to the point of beginning.

TOGETHER WITH: All Rights of Way, Easements, Agreements, and Covenants of Record intended to benefit the real property described herein.

SUBJECT TO: All Rights of Way, Easements, and Sovereign Rights of Record.

Containing: 171,987 square feet, 3.948 acres, more or less.

A Plat being Page 2 of 2 and attached hereto
is hereby made a part of this Legal Description.

END OF DESCRIPTION
#15..
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DESCRIBED
N89°54'43"E 717.11' 240.01' S0°27'59"W
S89°54'43"W 716.14' 240.00' N0°14'06"E

ROBERTSON ROA D SUTTER AVENUE HAYS STREE
T
171,987 SF

3.948 AC

PROPERTY
214.61' N89°54'43"E 20.00'
S0°14'06"W }
N89°54'43"E 389.95'
389.93'
PARCEL a
2-pm-12
PARCEL b
2-pm-12

EAST LINE
SECTION 6

GRANT DEED
1975-47425
BK.2708 PGS.423-425
APN:037-023-002
GRANT DEED 1958-27646 IN VOL. 1511 PG. 302
POB

POC SUTTER AVENUE
©COPYRIGHT 2021 DF ENGINEERING, INC.

DATE Jun.,2021
SCOTT THOMAS DELAMARE LS 8078
SIGNED:

OF
JOB
AUTHOR
SCALE
CK. BY
PAGE
DATE
2113
DF ENGINEERING , INC. CIVIL ENGINEERING AND SURVEYING
3421 TULLY ROAD · SUITE J · MODESTO, CA 95350 TELEPHONE (209) 529-7450 · EMAIL [email protected] R:\ACTIVE PROJ\2021\2113\Dwg\Exhibit\2113_LegalPlat_4acres.dwg, 2_Plat, Jun 23, 2021, 11:23am, scott June 23, 2021 1"= 200'
NIP
STD
2 2

EXHIBIT A

PLAT TO ACCOMPANY LEGAL DESCRIPTION FOR
LYING IN THE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 6, T.4 S., R.9 E., M.D.M.

CITY OF MODESTO, COUNTY OF STANISLAUS, STATE OF CALIFORNIA

STANISLAUS REGIONAL HOUSING AUTHORITY
0 GRAPHIC SCALE
SCALE 1"= 200'
100 200 400
LEGEND

LINES OF PROPERTY DESCRIBED

EXISTING ROAD RIGHT-OF-WAY
EAST LINE OF SECTION 6

EXISTING CENTERLINE

EXISTING PARCEL LINE

THE CROSSHATCHED AREA

REPRESENTS THE PROPERTY
BEING DESCRIBED +/- 171,987 SF

3.948 AC
MONUMENT PER 26-S-81
#15..
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20 EXHIBIT B
Parcel Map of Property
APN# 037-023-002
#15..
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#15..
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APPRAISAL REPORT

REAL ESTATE APPRAISAL
Of
A 3.948 Acre portion of 1500 MODESTO
1500 Robertson Dr, Modesto
Stanislaus County
California, 95351
As of
March 16, 2022
Prepared For
Jim Kruse
Executive Director
Stanislaus Regional Housing Authority
1701 Roberson Rd.,
Modesto, CA 945350
Stanislaus Regional Housing Authority File No: PO #46560 Prepared By
Mann & Associates
REAL ESTATE VALUATION SINCE 1980
Karen J. Mann, ASA-RP
California; Cert. General
AG007008, exp 4/29/2022
#15..
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Mann & Associates – Real Estate Valuation
14850 Highway 4 #A326
Discovery Bay, CA 94505
925.513.3231 – office
510.612.5122 – direct
[email protected]
March 21, 2022
Jim Kruse
Executive Director
Stanislaus Regional Housing Authority
1701 Roberson Rd.

Modesto, CA 945350
RE: Appraisal Report
A 3.948 Acre Portion of 1500 Robertson Dr
Modesto, California 95351
Stanislaus Regional Housing Authority File No: PO #46560 Mr. Kruse:

Mann & Associates is proud to present the appraisal that satisfies the agreed upon scope of work with Stanislaus Regional Housing Authority.

The property under appraisal is the 3.948 Acre portion of the parcel identified as 037-023-002, 1500 Robertson Road, City of Modesto, State of California. The property is a vacant land parcel which was further identified with a Legal Description as delineated by DF Engineering, Inc on Exhibit A dated 06/23/2021 (included in this report). The property Is identified as Parcel B 2-PM12 and referred to as 1500 Robertson Dr for ease of reference throughout this appraisal report.

The subject property is located within the Tuolumne River Regional Park area. The parcel is zoned R-1, however, the General Plan shows the property is in the OS (pen space district of the proposed recreation area.

The undersigned appraiser was contacted by the client to provide an opinion of Market Value of the 3.948 Acre parcel located at the northwesterly corner of the parcel, with frontage of Robertson Rd. It is acknowledged that the proposed configuration, as outlined in the legal description herein, does not yet have a separate parcel number and is currently part of APN: 037-023-002. The appraiser was not requested to provide an opinion of value of the property as a whole; the only value requested was the value of the 3.948 Acre parcel as outlined herein.

The purpose of this appraisal is to develop an opinion of the As-Is Market Value (Fee Simple). The following table conveys the final opinion of value that is developed in this appraisal:

MARKET VALUE CONCLUSION

VALUATION SCENARIO INTEREST APPRAISED DATE VALUE
As Reconfigured Per Exhibit A Market Value Fee Simple March 16, 2022 $470,000 #15..
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Jim Kruse
Stanislaus Regional Housing Authority
March 21, 2022

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