Modesto City Council
January 28, 2025

development of the project at 1530 Owens Drive in partnership with Modesto Gospel Mission (MGM).

DISCUSSION:

Since the approval of the First Amendment StanCo has submitted the building design that includes a total of twelve (12) units, one (1) of which will be ADA, and will include one (1) communal restroom unit for permit approval. The 11 non-ADA units are 70 sq ft and will contain 1 bed, 1 desk, 1 small air conditioner unit, and a lockable door. The 12th unit will be a fully accessible unit with a restroom and shower.

City staff initially estimated the construction budget at $394,640, which included all general contractor costs and the installation of the sleeping cabins. In October, three (3) bids were received ranging between $527,482-1,025,000 (inclusive of a 15% contingency). StanCo and City staff, worked through the scope of work and value engineered it to ensure the lowest possible cost. After this review, the lowest responsive bidder was Simile construction with a total development project budget of $527,482. This brought the new construction and development budget from $394,640 to $527,482, which represents a 34% increase and accounts for a project contingency and additional work anticipated for electrical service for the development of bridge housing.

Project Costs 1530 Owens Amount
General Contractor Site Development $458,680
Contingency (15%) $68,802
Total Site Development $527,482
Council initially approved a First Amendment to the Agreement with StanCo via Resolution No. 2024-338 for a project budget in the amount of $394,640, and the First Amendment was not executed because the budget was not sufficient to cover the estimated construction costs. As such, City staff is bringing forward a revised First Amendment to the Agreement with StanCo to increase the contract amount to cover the costs in the amount not to exceed $527,482 to allow StanCo to enter into the Agreement with the general contractor and oversee the work being performed on behalf of the City. Once approved, the next step is to start construction which includes unit assembly with the goal of completion and occupancy of the project by May 2025.

In addition, as part of the City’s broader bridge housing initiative, the City is continuing to evaluate sites for Bridge Housing projects, that includes predevelopment evaluation, cost estimates, and feasibility review which requires an increase to the agreement with Stanislaus Affordable Housing Corporation to continue to assist the City in evaluating projects. To continue these professional services, City staff is recommending an increase in the agreement by $97,518. The table below shows the initial agreement, and the proposed increases to account for the construction budget and additional professional services required to continue evaluating additional Bridge Housing projects:

Initial Agreement:

Professional
Services
Proposed
Increase:

Construction
Budget
Proposed
Increase:

Professional
Services
Total Increase -
Agreement Amount
Bridge Housing
Master Developer
Services - StanCo
$75,000 $527,482 $97,518 $700,000
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City Council, January 28, 2025
First Amendment to agreement for Bridge Housing Project at 1530 Owens Drive

In accordance with Modesto Municipal Code Section 8-3.203 generally requires all purchases, which meet or exceed $100,000 for material, equipment, or contractual services to follow formal bid procedures. However, exceptions to the formal bidding process are granted in MMC 8-

3.204(f), “Where the Purchasing Manager, in his or her discretion, determines that it is appropriate to amend the services or goods provided under and existing agreement to include additional similar goods or services, of limited quantity or scope, in order to increase efficiency and avoid delays or disruptions to City projects or services.” FISCAL IMPACT:

This item seeks a First Amendment in an amount not to exceed $700,000 for the development of 1530 Owens Drive and the continued assessment of potential Bridge Housing locations which will be absorbed by Measure H Project 101583 to cover the costs of this agreement.

COMMITTEE RECOMMENDATION:

The initial estimates of this project were presented to the Citizens’ Housing and Community Development Committee on August 8, 2024, and it was recommended to forward to Council for approval (as approved via Resolution 2024-338). The revised estimate reflecting the additional cost of the project and additional funding for consulting support was not considered by the City Council due to the time sensitivity of the project.

RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Resolution approving a First Amendment to the Agreement with Stanislaus County Affordable Housing Corporation (StanCo), Modesto, CA for Master Development Services of Bridge Housing Projects increasing the Agreement amount by $625,000 to a new total amount of $700,000 and authorizing the City Manager, or his designee, to execute the required amendment, and rescinding Resolution No. 2024-338.

Approved by:

Jessica Hill, Director of Community
and Economic Development
Joseph P. Lopez, City Manager
Attachments:

1. Resolution

2. Initial Agreement with Stanislaus County Affordable Housing Corporation

3. First Amendment to the Agreement with Stanislaus County Affordable Housing Corporation

4. Signed Bid Waiver for Stanislaus County Affordable Housing Corporation #11..
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01/28/2025/CED/EGarcia/Item X 1 2025-XX

MODESTO CITY COUNCIL
RESOLUTION NO. 2025-

RESOLUTION APPROVING A FIRST AMENDMENT TO THE AGREEMENT

WITH STANISLAUS COUNTY AFFORDABLE HOUSING CORPORATION
(STANCO), MODESTO, CA FOR MASTER DEVELOPMENT SERVICES OF

BRIDGE HOUSING PROJECTS INCREASING THE AGREEMENT AMOUNT BY $625,000 TO A NEW TOTAL AMOUNT OF $700,000 AND AUTHORIZING

THE CITY MANAGER, OR HIS DESIGNEE, TO EXECUTE THE REQUIRED AMENDMENT, AND RESCINDING RESOLUTION NO. 2024-338
WHEREAS, on November 7, 2023, by Resolution No. 2023-495, Council approved City staff to solicit proposals for Bridge Housing sites and allocating $3,000,000 sleeping cabin acquisition, site infrastructure and improvements; and WHEREAS, on November 7, 2023, the City Council adopted Resolution No. 2023-496, approved amending the fiscal year 2023-2024 Multi-Year Non-Capital MultiYear budget to create a new project and establish revenue, expense, and transfer budgets for the Bridge Housing projects to be funded with Measure H funds in the amount of $3,000,000; and
WHEREAS, on May 3, 2024, the City finalized an agreement Stanislaus County Affordable Housing Corporation to assist with the project management of bridge housing projects, develop project designs, and provide construction oversight for an amount not to exceed $75,000 for a period of 2 years, with 1 year extension option; and WHEREAS, on September 24, 2024, by Resolution No. 2024-338, the City Council approved the First Amendment to the StanCo Agreement as the Master Developer to design and oversee the development of the project at 1530 Owens Drive in partnership with Modesto Gospel Mission (MGM); and
WHEREAS, City staff estimated the construction budget at $394,640, which included all general contractor costs and the installation of the sleeping cabins, to allow #11..
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01/28/2025/CED/EGarcia/Item X 2 2025-XX
StanCo to enter into the Agreement with the general contractor and oversee the construction and installation of sleeping cabins on behalf of the City of Modesto; and WHEREAS, in October this project went out to bid and received 3 bids ranging between $527,000-1,025,000 and the lowest responsive bidder was Simile construction with a total development project budget of $527,482; and WHEREAS, the First Amendment to the Agreement with StanCo approved by Resolution No. 2024-338 was not executed when it was identified that the agreement was not sufficient to cover the estimated construction costs; and WHEREAS, staff is recommending an additional allocation of Measure H funding in the amount of $527,482 and an additional $97,518 to continue predevelopment evaluation for new Bridge Housing locations which brings the total revised amount to a not to exceed $700,000 to allow Stanislaus County Affordable Housing Corporation to manage and oversee all general contractor costs associated with the bridge housing site located at 1530 Owens Drive, Modesto and continue evaluating new Bridge Housing projects; and
WHEREAS, the initial estimates of this project were presented to the Citizens’ Housing and Community Development Committee on August 8, 2024, and it was recommended to forward to Council for approval (as approved via Resolution 2024-338), however the revised estimate reflecting the additional cost of the project and additional funding for consulting support was not considered by the City Council due to the time sensitivity of the project; and
WHEREAS, in accordance with Modesto Municipal Code Section 8-3.203 generally requires all purchases, which meet or exceed $100,000 for material, equipment, #11..
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01/28/2025/CED/EGarcia/Item X 3 2025-XX
or contractual services to follow formal bid procedures. However, exceptions to the formal bidding process are granted in MMC 8-3.204(f), “Where the Purchasing Manager, in his or her discretion, determines that it is appropriate to amend the services or goods provided under and existing agreement to include additional similar goods or services, of limited quantity or scope, in order to increase efficiency and avoid delays or disruptions to City projects or services.”
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Modesto that it hereby approves a First Amendment to the Agreement with Stanislaus County Affordable Housing Corporation (StanCo), Modesto, CA for master development services for bridge housing projects increasing the Agreement amount by $625,000 to a new total amount of $700,000.

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

BE IT FURTHER RESOLVED that Resolution No. 2024-338 is hereby rescinded.
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01/28/2025/CED/EGarcia/Item X 4 2025-XX
The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the 28th day of January, 2025 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
THIS AGREEMENT, made and entered into in the City of Modesto, State of California, this day of , 2024, (“Effective Date”) by and between the CITY OF MODESTO, a municipal corporation of the State of California, hereinafter referred to as "City", and Stanislaus County Affordable Housing Corporation, a California nonprofit corporation, hereinafter referred to as "Consultant".

This Agreement is made with regard to the following recitals:

A. The City has determined that a Master Developer Consultant should be prepared for the City to facilitate the design and development of bridge housing projects.

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 scope of work as set forth and described in the documents attached hereto and referred to as Exhibit "A" or "Project".

2. TERM OF AGREEMENT.

The term of the agreement shall be for a period of two (2) years, with one (1) one-year extension options at the sole discretion of CITY, for a total of up to three (3) years, or prior if funds are exhausted in advance of this date.

3. COMPENSATION.

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Consultant agrees to accept a sum not to exceed Seventy-Five Thousand ($75,000) (maximum compensation) as full remuneration for performing all services and furnishing all staffing and materials for Modesto in accordance with Exhibit "A", 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, and billable rates for all work completed, and detailed receipts for any reimbursable expenses paid by Consultant and identified in Exhibit “B” or approved by the City in writing.

City shall pay Consultant Net-45 Days via manual check.

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 best current, generally accepted, and professional practices to make findings, render opinions, prepare factual presentations, and provide professional advice and recommendations regarding this project.

4. PERFORMANCE BY KEY EMPLOYEE.

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Consultant has represented to City that Steven Madison, Executive Director, 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.

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. It is understood and agreed that the documents and other materials, including but not limited to those described above, prepared pursuant to this Agreement are prepared specifically for the City and are not necessarily suitable for any future or other use.

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.

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5. 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 Agreement, without first obtaining review and approval of said news releases from the City Manager.

6. CONFLICT OF INTEREST.

Consultant warrants that it presently has no interest and shall not acquire any interest, direct or indirect, which would create a “conflict of interest”, as that term is defined in the Political Reform Act (Gov. Code § 81000 et seq), for the Consultant in the performance of this Agreement. Consultant warrants that, in performance of this Agreement, Consultant shall not employ any person having any such interest. Consultant understands that, if this Agreement is made in violation of Government Code § 1090 et seq., the entire Agreement is void and Consultant will not be entitled to any compensation for services performed.

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.

7. AMENDMENTS.

This Agreement, including the Exhibits attached hereto, may be amended only by a writing signed by both Parties. City will not be responsible to pay any charges Consultant may incur in performing services not identified in Exhibit ‘A’ unless first authorized by the City in writing

8. 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. Except as City DocuSign Envelope ID: 95BB6051-A064-4DF7-B859-FB31BA1DD223 #11..
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may specify in writing, Consultant 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. 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 and control 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 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 DocuSign Envelope ID: 95BB6051-A064-4DF7-B859-FB31BA1DD223 #11..
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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.

9. ASSIGNMENT.

Neither this Agreement nor any portion thereof shall be subcontracted or assigned, other than noted in Exhibit ‘A’, without the express prior written consent of the City in each and every instance.

10. 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.

11. NOTICES.

Notice required by this Agreement shall be given in writing and shall be deemed given and effective upon delivery provided that such are delivered in accordance with the provisions of this Section. Notices shall be delivered either by: (a) personal delivery; (b) overnight courier service which obtains confirmation of delivery; or (c) certified mail, return receipt requested, if delivery is confirmed by a return receipt; 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: Stanislaus County Affordable Housing Corporation Address: 909 15th Street, Suite 6
Modesto, CA 95354
Attention: Executive Director
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Phone: (209) 574-1155 ext. 103
Facsimile: (209) 574-0586
FOR CITY: Name: City of Modesto
Address: P.O. Box 642
Modesto, CA 95353
Attention:

Phone: (209) 577-5211
Facsimile: (209) 577-5461

12. 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 via PINS Advantage Insurance Program, 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 nonpayment 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 DocuSign Envelope ID: 95BB6051-A064-4DF7-B859-FB31BA1DD223 #11..
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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) 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 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.
(b) 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.
(c) 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. (d) Professional Liability insurance with a minimum limit of $1,000,000 per claim and policy aggregate.

If at any time any of said policies shall be unsatisfactory to the City, as to form or substance, or if a company issuing such policy shall be unsatisfactory to the City, 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, may be forthwith declared suspended or terminated.

Failure of the Consultant to obtain and/or maintain any required insurance shall not relieve the DocuSign Envelope ID: 95BB6051-A064-4DF7-B859-FB31BA1DD223 #11..
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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, its agents, officers, employees, and volunteers shall be named as an additional insured on all insurance policies required herein, except Workers' Compensation and Professional Liability. The Workers' Compensation insurer shall agree to waive all rights of subrogation against the City, its agents, officers, employees, and volunteers for losses arising from work performed by Consultant for the City. The Consultant's insurance policy(ies) shall include a provision that the coverage is primary as respects the City; 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.

13. TERMINATION OF AGREEMENT.

Termination for Default
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In the event either party fails to perform under this AGREEMENT or breaches any condition contained herein, the other party shall notify in writing the breaching party of the non-performance. Within 10 days after receipt of notification, the breaching party shall correct any non-performance to the reasonable satisfaction of the non-breaching party, or such other time as may be identified in the notice. Failure to correct any non-performance shall allow the non-breaching party to terminate this AGREEMENT for cause.

Termination by City for Convenience
City may cancel this Agreement at any time, with or without cause, upon written notification to Consultant.

Post-Termination Procedure
Upon receipt of a written notice of termination, 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; 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; DocuSign Envelope ID: 95BB6051-A064-4DF7-B859-FB31BA1DD223 #11..
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d. Deliver or otherwise make available to the City all data, drawings, specifications, reports, estimates, summaries and such other information and material as may have 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 Project 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 Project and/or property related to the Project;
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 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 for work actually completed prior to the receipt of the termination notice or otherwise 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:

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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.

14. INDEMNITY.

The Consultant shall hold the City, 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 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, 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 the event that Consultant or any employee, agent, or subcontractor of Consultant providing services under this Agreement is determined by a court of competent jurisdiction or the California Public Employees Retirement System (PERS) to be eligible for enrollment in PERS as an employee of City, Consultant shall indemnify, defend, DocuSign Envelope ID: 95BB6051-A064-4DF7-B859-FB31BA1DD223 #11..
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and hold harmless City for the payment of any employee and/or employer contributions for PERS benefits on behalf of Consultant or its employees, agents, or subcontractors, as well as for the payment of any penalties and interest on such contributions, which would otherwise be the responsibility of City.

15. DISPUTE RESOLUTION.

Venue for 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 in the Superior Court of Stanislaus County or the United States District Court for the Eastern District of California.

16. ATTORNEYS’ FEES.

If a party to this AGREEMENT brings any action, including an action for declaratory relief, to enforce or interpret the provision of this AGREEMENT, the prevailing party shall be entitled to reasonable attorneys’ fees in addition to any other relief to which that party may be entitled. The court may set such fees in the same action or in a separate action brought for that purpose.

17. ENTIRE AGREEMENT.

This Agreement and its exhibits contain the entire understanding between Consultant and City. 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.

18. PARTIAL INVALIDITY.

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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.

19. 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.

20. 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.

21. GOVERNING LAW.

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

22. HEADINGS NOT CONTROLLING.

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

23. COMPLIANCE WITH LAWS.

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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.

24. CITY BUSINESS LICENSE.

Consultant shall have a City of Modesto business license.

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IN WITNESS WHEREOF, the City of Modesto, a municipal corporation, has authorized the execution of this Agreement by its City Manager and attestation by its City Clerk, and Stanislaus County Affordable Housing Corporation has caused this agreement to be duly executed as of the Effective Date.

EXHIBIT A

SCOPE OF WORK
Background
To help meet the needs of the rising number of individuals experiencing homelessness, the City of Modesto has worked tirelessly to address the challenge of homelessness through the Three Prong Strategy:
 Community Accountability
 Shelter/ Housing
 Programs and Services
On November 7, 2023, the City Council approved the concept of Bridge Housing, and authorized staff to solicit sites, service providers, operators, and suppliers to help make a bridge housing project successful.

Bridge Housing is a type is temporary housing designed to help individuals or families experiencing homelessness transition to more stable and permanent housing. It serves as a "bridge" between emergency shelter facilities and permanent housing options. The Bridge Housing units traditionally are tiny, manufactured homes of approximately 60 to 80 square feet for individuals, and about 120 to 150 square feet for couples or families.

Bridge Housing typically provides a safe and supportive environment for people in need, offering a range of services and resources to help them regain stability and independence. Key components of the Bridge Housing Request for Qualifications include:
 Host Sites
 Site Operators
 Site Servicer Providers
Scope of Work
As the Bridge Housing Master Developer, Stanislaus Affordable Housing Corporation (StanCo), will be responsible for the following duties:

A. Project Management:

I. Coordinate and facilitate communication with the Host Site and the City for the development of a project included but not limited to Planning Application, Permit Application, and coordination with outside agencies such as appropriate utility companies, and other appropriate agencies.

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II. Coordinate and facilitate communication and collaboration between various stakeholders, including City departments, service providers, operators, manufacturers, and community members.

III. Identify opportunities for improvements, Innovations, and cost savings recommendation to City with regards to the Bridge Housing project.

IV. Provide support and guidance to Bridge Housing providers in navigating city regulations and procedures.

V. Prepare data and project update reports to be used in presentations VI. Conduct initial site visits to provide guidance on existing conditions and project feasibility.

VII. Review construction/contractor submittals and respond to City and stakeholder requests.

VIII. Monitor and evaluate the development of the Bridge Housing project to ensure it meets City requirements and overall project goals.

IX. Ensure timely execution and successful project completion.

B. Project Design:

I. Develop design concept in collaboration with Host Site project team for review and feedback.

II. Create detailed architectural drawings, plans and specifications that meet building codes and regulations.

III. Coordinate with city departments to integrate structural, mechanical, and electrical systems into design.

IV. Conduct site visits as needed to assess existing conditions and ensure design feasibility.

V. Assist with the selection of materials, finishes, and furnishings that align with the project design and budget.

VI. Prepare and present design proposals to stakeholders as necessary for project approval.

VII. Mange the design process from concept development through construction documentation and administration.

VIII. Conduct reviews to monitor quality and ensure the project aligns with design.

IX. Prepare and provide direction and instruction for appropriate site preparation, unit assembly, utility connections, to contractors and/or City staff.

X. Review construction/contractor submittals and respond to City requests.

C. Construction Oversight
I. Monitoring and inspecting construction activities to ensure compliance with plan specifications, regulations, in accordance with City staff.

II. Review contractor submittals and respond to City as needed to ensure project compliance
III. Conduct site visits as needed to ensure contractor performance.

IV. Track project progress and resolve issues to ensure quality control, timely execution and successful project completion
V. Monitor and evaluate the development of the Bridge Housing project to ensure it meets City requirements and overall project goals.

VI. Prepare timely reports to the City on the progress of the Bridge Housing project.

VII. Conduct reviews to monitor quality and ensure the project aligns with design.

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VIII. Perform other reasonably related duties in alignment with the scope of work to support the construction and completion of bridge housing projects.

EXHIBIT B
RATES
Professional Services Agreement Pricing
Frequency
of Invoice
Submission Additional Costs as Needed
Management/Overhead Reimbursable by Invoice
Admin and Overhead $675.00 Monthly Financial Consultant $150.00 Principal Hourly Rate $116.00 Monthly Architecture Hourly Rate $225.00 Specialist Hourly Rate $65.00 Monthly Engineering Hourly Rate $190.00 Associated Costs Topography per site $3,600.00
Liability Insurance $10,727 One Time Boundary Surveying AQ Automobile Mileage
$0.67/Per
mile Monthly Estimating Hourly Rate $125.00
Legal Hourly Rate $325.00
Environmental Phase 1
Report $2,200.00
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Standard Agreement- Stanislaus County Affordable Housing Corporation – First Amendment

FIRST AMENDMENT TO AGREEMENT

FOR SERVICES WITH CONSULTANT
This First Amendment (“Amendment”) is made to the Agreement entered into between the CITY OF MODESTO, a municipal corporation of the State of California (hereinafter the “City”) and STANISLAUS COUNTY AFFORDABLE HOUSING CORPPORATION, a California nonprofit corporation (hereinafter “Consultant”) entered into by the parties on day of , 2025, (the “Agreement”), hereinafter referred to as “Original Agreement.”

RECITALS
This First Amendment to Agreement for Service is made with regard to the following recitals:

1. City and Consultant entered into an agreement on the 3rd of May 2024, for which the Consultant would perform duties and render services as described in the Scope of Work of the Agreement regarding the services as a master developer for City bridge housing projects, (“the Original Agreement”); and

2. WHEREAS, the parties desire to increase the amount of the Agreement in order to pay general contractor services required for the bridge housing project located at 1530 Owens Drive, Modesto CA.

NOW, THEREFORE, in consideration of this First Amendment, and the mutual promises, covenants, and stipulations contained in the Original Agreement for master development and project oversight services and this First Amendment to the Original Agreement, the parties agree as follows:
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Standard Agreement- Stanislaus County Affordable Housing Corporation – First Amendment

1. Compensation. Section 3, “Compensation”, of the Agreement is hereby amended to increase the maximum compensation to be provided to Consultant by City by Six Hundred and Twenty-Five Thousand ($625,000), for a new Agreement amount of not to exceed Seven Hundred Thousand Dollars ($700,000).

2. Budget. Exhibit B, “Rates”, of the Agreement is hereby replaced in its entirety with the rates included in Attachment 1 of this First Amendment, attached hereto and incorporated herein.

3. Except as explicitly provided for herein, all other terms and conditions of the Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the City of Modesto, a municipal corporation, has authorized the execution of this First Amendment to the Original Agreement for Consultant Services by its City Manager and attestation by its City Clerk under the authority of Resolution No. 2025-_____ on the ________ day of ___________, 2025, and STANISLAUS COUNTY AFFORDABLE HOUSING CORPORATION has caused this First Amendment to be duly executed as of the Effective Date.
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Standard Agreement- Stanislaus County Affordable Housing Corporation – First Amendment ATTACHMENT 1

EXHIBIT B
RATES
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CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

January 28, 2025
Date: December 4, 2024
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: Jessica Hill, Director of Community and Economic Development SUBJECT: Formation of Community Facilities District No. 2025-1 (Kiernan Business Park #2) CONTACT: Edgar Garcia, Community Development Manager,
[email protected], 209-577-5211
DESCRIPTION:

Consider approving a Resolution of Intention to form City of Modesto Community Facilities District (CFD) No. 2025-1 (Kiernan Business Park South #2) and replacing City of Modesto Community Facilities District No. 2012-1 (Kiernan Business Park South). (Funding Source:

Developer Deposits)
STRATEGIC PLAN ELEMENT:

The recommended action supports the City Council’s 2020-2025 Strategic Plan, Goal D:

Provide Safe, Efficient, and Reliable Infrastructure through proactive community investment, maintenance and sustainability efforts.

BACKGROUND:

In 1982, the Mello-Roos Community Facilities Act of 1982 (Act) was adopted by the State of California as a method for financing infrastructure improvements and services associated with new developments. The Act allows infrastructure improvements and services to be funded through a special tax paid by property owners.

The Kiernan Business Park Specific Plan Area encompasses 614 acres and is comprised of regional commercial, office, medical campus, mixed use, medium high density residential and business park land uses.

The Kiernan Business Park South sub-area (KBP South) is bounded by American Avenue to the east, Dale Road to the west, Pelandale Avenue to the south, and Bangs Avenue to the north, and consists of approximately eighty (80) acres.

On December 7, 2010, the City Council approved the Facilities Master Plan and Infrastructure Financing Plan for KBP South.
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City Council, January 28, 2025
Formation of Community Facilities District
No. 2025-1 (Kiernan Business Park #2)

On April 21, 2012, the City Council established City of Modesto Community Facilities District No. 2012-1 (Kiernan Business Park South).

On May 1, 2012, the City established the City of Modesto Community Facilities District No. 2012-1 (Kiernan Business Park South) (“CFD No. 2012-1”) pursuant to the Act. No special taxes have been levied or collected by CFD No. 2012-1. Given the changes in use for the new projects within the CFD, it is recommended to replace CFD No. 2012-1 with a new community facilities district (CFD No. 2025-1) that better reflects the proposed development.

Upon the formation of CFD No. 2025-1 and successful election approving the levy of special taxes, the City Council, as the legislative body of CFD 2012-1, will take action by ordinance to dissolve CFD No. 2012-1 and record a notice of cessation of any special tax lien relating to CFD No. 2012-1.

DISCUSSION:

The Mello-Roos Community Facilities Act requires that within 90 days after receiving a petition, the legislative body shall adopt a Resolution of Intention (ROI). The ROI is the first step in establishing a CFD. City staff expects to receive signed petitions by December 31, 2024.

While the boundaries of CFD No. 2025-1 will encompass the entire Kiernan Business Park South area, the boundaries will consist of seven parcels totaling approximately 70 acres that will be designated Kiernan Business Park South #2 (the “Properties”). The parcels are owned by The Church of Jesus Christ of Latter-Day Saints (LDS), Valley Development Partners, LLC, Wagner Family Properties, L.P., The Bridges Apartments LLC, and Miner Joaquin Building Corporation. The proposed boundary map of the proposed district and is provided as Attachment 4.

The facilities to be provided by CFD No. 2025-1 include but are not limited to improvements that have been included as part of the initial formation of CFD 2012-1 (Kiernan Business Park South) which included improvements on the east side of Dale and Pelandale, and additional proposed improvements on Bangs Avenue from Dale Road to American Avenue.

The facilities to be included are roundabouts at the corner of Bangs and American Ave, and another roundabout at the corner of Bangs and Bruno Ave. The cost of the facilities also includes land acquisition, engineering design, environmental and traffic studies, and the cost of installation of landscaping and irrigation.

The services to be provided encompass maintenance, repair and replacement of parkways, tree pruning and landscaped medians. A description of the facilities and services are set forth in Attachment 2.

Prior to the January 28, 2025, City Council meeting, the project applicants submitted the appropriate executed forms in order for the City to proceed with the replacement of CFD No. 2012-1 and the formation of CFD No. 2025-1, which includes the Request, Consent and Waiver.

The Request, Consent and Waiver form waives certain noticing and voting requirements, and requests the City execute and record a notice of special tax lien pertaining to the properties and records such notice within the official records of the County Recorder. CFD No. 2025-1 will not include any bonding authority.
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City Council, January 28, 2025
Formation of Community Facilities District
No. 2025-1 (Kiernan Business Park #2)

The Rate and Method of Apportionment (RMA) that identifies the maximum special tax rates for the parcel types within CFD No. 2025-1, as well as a description of how the special taxes are calculated and collected, included as Attachment 3.

A total of seven parcels encompassing the entire Kiernan Business Park South #2 are requesting to be part of the CFD No. 2025-1 boundaries and will be subject to levy and collection of the special taxes.

The Annual Maintenance Special Tax is only paid on a parcel after a building permit has been issued for that property (except for single family detached which commences after a final map is recorded). The One-Time Facilities Special Tax is paid prior to issuance of a certificate of occupancy. The maximum special tax rates for CFD No. 2025-1 are as follows:

Maximum Special Tax Rates Fiscal Year 2024-25
Assessor’s Parcel
Number
Acreage Maximum One-Time
Facilities Special Tax
Fiscal Year 2024-25
Maximum Annual
Maintenance
Special Tax
Fiscal Year 2024-25
078-018-018 1.22 $80,914 $2,323
078-018-031 17.63 $1,169,261 $33,567
078-018-036 2.62 $0 $5,084
078-018-035 12
Resultant Parcel #1 12.45 $825,712 $23,705
Resultant Parcel #2 14.04 $931,164 $26,732
Resultant Parcel #3 8.76 $580,983 $16,679
On July 1, 2025, and on each July 1 thereafter, all figures shown in the table above shall be increased by the annual Escalation Factor. In any Fiscal Year, the annual Escalation Factor will be the greater of either, the percentage increase, if any, in the construction cost index for the San Francisco region for the prior twelve (12) month period as published in the Engineering News Record or other comparable source if the Engineering News Record is discontinued or otherwise not available, or four percent (4.0%).

At least thirty (30) days, and no more than sixty (60) days, following the date of the adoption of the ROI, the City Council will hold a public hearing and consider a Resolution of Formation. The public hearing is currently scheduled for February 25, 2025. The special tax may only be levied if approved by a two-thirds vote of the property owners within the boundaries at a special election currently scheduled for February 25, 2025. For future annexations the unanimous written consent of the property owners via a signed Waiver and Declaration of Landowner will be obtained without the need for a public hearing.

Upon formation of CFD No. 2025-1, a successful election and adoption of an ordinance levying the special tax for CFD No. 2025-1, an ordinance dissolving CFD No. 2012-1 will be considered.

The authorization for the levy of special taxes for CFD No. 2025-1 shall only be effective once the CFD No. 2012-1 has been dissolved.
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City Council, January 28, 2025
Formation of Community Facilities District
No. 2025-1 (Kiernan Business Park #2)

FISCAL IMPACT:

The formation of CFD No. 2025-1 is paid by the applicant through a developer deposit. There is no impact to the General Fund.

COMMITTEE RECOMMENDATION:

This item was presented to the Economic Development Committee on December 2, 2024, and was recommended to forward to Council for approval.

RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Resolution of Intention of the City Council of the City of Modesto, California, to establish City of Modesto Community Facilities District No. 2025-1 (Kiernan Business Park South #2) replacing CFD No. 2012-1, and to authorize the levy of special taxes within said Community Facilities District.

Approved by:

Jessica Hill, Director of Community and
Economic Development
Joseph P. Lopez, City Manager
Attachments:

1. Resolution of Intention CFD 2024-2 (Kiernan Business Park South) 12-17

2. List of Facilities and Services

3. Rate and Method of Apportionment

4. Proposed Boundary Map for CFD No. 2025-1 (Kiernan Business Park South #2) #12..
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01/28/2025/CED/JHill/Item # 1 2025-XX

MODESTO CITY COUNCIL
RESOLUTION NO. 2025-XX

RESOLUTION OF INTENTION OF THE CITY COUNCIL OF THE CITY

OF MODESTO, CALIFORNIA, TO ESTABLISH CITY OF MODESTO
COMMUNITY FACILITIES DISTRICT NO. 2025-1 (KIERNAN BUSINESS PARK SOUTH #2) REPLACING CFD 2012-1, AND TO AUTHORIZE THE

LEVY OF SPECIAL TAXES WITHIN SAID COMMUNITY FACILITIES

DISTRICT
WHEREAS, pursuant to the Mello-Roos Community Facilities Act of 1982, as amended, commencing with Section 53311 of the Government Code of the State of California (the “Act”), the City Council of the City of Modesto (the “City”) is authorized to establish a community facilities district and to act as the legislative body for a community facilities district; and WHEREAS, on May 1, 2012, the City established the City of Modesto Community Facilities District No. 2012-1 (Kiernan Business Park South) (“CFD No. 2012-1”) pursuant to the Act; and
WHEREAS, the owners (collectively, the “Owner”) of not less than 10 percent of the area of land depicted on the map of the proposed community facilities district referred establish to below on file with the City Clerk (the “Property”), have filed a written petition with the City to establish the City of Modesto Community Facilities No. 2025-1 (Kiernan Business Park South #2) (the “Community Facilities District”) within the Community Facilities District to replace CFD No. 2012-1, in order to finance the cost of the facilities and services listed in Appendix A hereto (the “Facilities” and “Services”), as well as all costs associated with the creation of the Community Facilities District and administering the Community Facilities District (collectively, the “Incidental Expenses”); and
WHEREAS, the Owner has submitted to the City an application to form the Community Facilities District pursuant to the City’s Policies and Procedures for the Formation, Annexation #12..
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01/28/2025/CED/JHill/Item # 2 2025-XX
and Administration of Community Facilities Districts Created Pursuant to the Provisions of the Mello Roos Community Facilities Act of 1982 (the “City’s CFD Policies and Procedures”); and WHEREAS, the Owner has submitted deposits required by the City for payment of City fees and costs incurred in conducting proceedings to create the Community Facilities District; and WHEREAS, the petition submitted by the Owner complies with the requirements of 53319 of the Act and the City’s CFD Policies and Procedures; and WHEREAS, subject to the satisfaction of all applicable requirements of law, it is the intention of this City Council to finance the Incidental Expenses and to pay for the Facilities and Services through the formation of the Community Facilities District and the levy of annual facilities and maintenance special taxes and one-time facilities special tax, provided that the levy of the special taxes is approved at an election to be held within boundaries of the Community Facilities District, being the initial boundaries of the Community Facilities District; and NOW, THEREFORE, BE IT RESOLVED that the Council of the City of Modesto hereby finds and determines as follows:

SECTION 1. The above recitals are true and correct and are incorporated herein by reference.

SECTION 2. The Community Facilities District is proposed to be established under the terms of the Act. It is further proposed that the boundaries of the Community Facilities District shall be as depicted on the map of the proposed Community Facilities District which is on file with the City Clerk entitled “Map of Proposed Boundaries of the City of Modesto Community Facilities District No. 2025-1 (Kiernan Business Park South #2).” The City Clerk is hereby directed to sign the original map of the Community Facilities District and record it with all proper endorsements thereon with the County Recorder of the County of Stanislaus within fifteen days after the adoption #12..
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01/28/2025/CED/JHill/Item # 3 2025-XX
of this resolution, all as required by Section 3111 of the Streets and Highways Code of the State of California.

SECTION 3. The name of the proposed community facilities district shall be “City of Modesto Community Facilities District No. 2025-1 (Kiernan Business Park South #2).” SECTION 4. The City Council hereby designates the portions of the Community Facilities District as described in Appendix C attached hereto, as City of Modesto Community Facilities District No. 2025-1 (Kiernan Business Park South #2).

SECTION 5. The Facilities and Services proposed to be provided within the Community Facilities District, are services or facilities, as the case may be, which the City is authorized by law to construct, acquire, own and operate, or to provide. This City Council hereby finds and determines that the descriptions of the Facilities and Services contained herein is sufficiently informative to allow taxpayers within the proposed improvement areas within Community Facilities District, to understand what the funds of the Community Facilities District may be used to pay for. The Incidental Expenses expected to be incurred include the cost of forming the Community Facilities District and levying and collecting a special tax within the improvement areas within the Community Facilities District.

The description of the Facilities and Services may be modified upon the annexation of property into the Community Facilities District, provided such modified description shall only apply to such annexed areas. Additional improvement areas may be designated when property is annexed into the Community Facilities District.

SECTION 6. Except where funds are otherwise available, it is the intention of the City Council to levy in accordance with procedures contained in the Act within the Community Facilities District (i) a one-time special tax sufficient to pay for the costs of financing the purchase, #12..
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01/28/2025/CED/JHill/Item # 4 2025-XX
construction, expansion, modification, rehabilitation or improvement of a portion of the Facilities (the “One-Time Facilities Special Tax”), and (ii) an annual special tax sufficient to pay for the costs of financing the Services (the “Annual Maintenance Special Tax,” and, together with the Annual Facilities Special Tax and the One-Time Facilities Special Tax, the “Special Taxes”), and to pay for Incidental Expenses. Upon recordation of a notice of special tax lien pursuant to Section 3114.5 of the Streets and Highways Code of the State of California, a continuing lien to secure each levy of the Special Taxes shall attach to all nonexempt real property of the Community Facilities District, and that lien shall continue in force and effect until collection of the Special Taxes ceases.

The rate, method of apportionment and manner of collection of the special tax are described in detail in Appendix B attached hereto and incorporated herein as though set forth at length (the “Rate and Method”). Appendix B allows each landowner within the Community Facilities District to estimate the maximum amount that may be levied against each parcel.

If special taxes within the Community Facilities District are levied against any parcel used for private residential purposes to pay for public facilities, under no circumstances will such special tax be increased as a consequence of delinquency or default by the owner of any other parcel or parcels within the Community Facilities District. by more than ten percent (10%) within the same improvement area.

This City Council hereby determines the Rate and Method to be reasonable. The special tax is apportioned to each parcel on the basis of its land use and area pursuant to Section 53325.3 of the Act; and such special tax is not on or based upon the value or ownership of real property.

In the event that a portion of the property within the Community Facilities District shall become for any reason exempt, wholly or partially, from the levy of the special tax, this City Council shall, #12..
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01/28/2025/CED/JHill/Item # 5 2025-XX
on behalf of the Community Facilities District, cause the levy to be increased, subject to the limitation of the maximum special tax for a parcel as set forth in the Rate and Method, to the extent necessary upon the remaining property within the Community Facilities District, which is not delinquent or exempt in order to yield the special tax revenues required for the purposes described in this Section 6. The Annual Maintenance Special Tax shall be levied and collected in perpetuity.

The One-Time Facilities Special Tax shall be levied and collected as provided in the Rate and Method.

SECTION 7. A public hearing (the “Hearing”) on the establishment of the Community Facilities District, and the proposed Rate and Method shall be held on February 25, 2025, at 5:30 p.m., or as soon thereafter as practicable, at the Modesto City Council Chamber, 1010 Tenth Street, Modesto, CA 95353. Should this City Council determine to form the Community Facilities District, a special election will be held to authorize the levy of the special tax within the Community Facilities District in accordance with the procedures contained in Government Code Section 53326. If held, the proposed voting procedure at the election is expected to be a landowner vote with each landowner of record as of the close of the Hearing within the district having one vote for each acre of land or portion thereof owned within the Community Facilities District.

Ballots for the special election may be distributed by mail or by personal service.

SECTION 8. At the time and place set forth above for the Hearing, any interested person, including all persons owning lands or registered to vote within the proposed Community Facilities District may appear and be heard.

SECTION 9. Each officer of the City who is or will be responsible for providing the Facilities and Services within the proposed Community Facilities District, if it is established, , is hereby directed to study the proposed Community Facilities District and, at or before the time of #12..
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01/28/2025/CED/JHill/Item # 6 2025-XX
the Hearing, file a report with this City Council containing a brief description of the Facilities and Services, as the case may be, which will in his or her opinion be required to meet adequately the needs of the proposed Community Facilities District and an estimate of the cost of providing those Facilities and Services and an estimate of the fair and reasonable cost of any Incidental Expenses to be incurred.

SECTION 10. The City may accept advances of funds or work-in-kind from any source, including, but not limited to, private persons or private entities, for any authorized purpose, including, but not limited to, paying any cost incurred by the City in creating the Community Facilities District. The City may enter into an agreement with the person or entity advancing the funds or work-in-kind, to repay all or a portion of the funds advanced, or to reimburse the person or entity for the value, or cost, whichever is less, of the work-in-kind, as determined by this City Council, with or without interest.

SECTION 11. Pursuant to Section 53340 of the Act, and except as provided in Section 53317.3 of the Act or in the Rate and Method, properties of entities of the state, federal, and local governments shall be exempt from the levy of the Special Taxes.

SECTION 12. The City Council hereby finds that the proposed Facilities and Services are necessary to meet increased demands put upon the City as a result of the new development within the proposed Community Facilities District.

SECTION 13. The City Clerk is hereby directed to publish a notice (the “Notice”) of the Hearing pursuant to Section 6061 of the Government Code in a newspaper of general circulation published in the area of the Community Facilities District. Such publication shall be completed at least seven days prior to the date of the Hearing. The City Clerk is further directed to mail a copy of the Notice to each of the landowners and registered voters, if any, within the boundaries of the #12..
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01/28/2025/CED/JHill/Item # 7 2025-XX
Community Facilities District at least 15 days prior to the Hearing. The Notice shall contain the text or a summary of this Resolution, the time and place of the Hearing, a statement that the testimony of all interested persons or taxpayers will be heard, a description of the protest rights of the registered voters and landowners in the proposed Community Facilities District and a description of the proposed voting procedure for the election required by the Act.

SECTION 14. Should the Community Facilities District be formed, and the Special Taxes be authorized to be levied following the special election, the City shall cause CFD No. 2012-1 to be dissolved and cause a notice of cessation of special tax to be recorded in connection with CFD No. 2012-1.
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01/28/2025/CED/JHill/Item # 8 2025-XX
The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the _28th__ day of _January_________, 2025, 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:

ABSTAIN: Councilmembers:

ABSENT: Councilmembers:

ATTEST:

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

By:

JOSE M. SANCHEZ, City Attorney
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APPENDIX A

LIST OF FACILITIES AND SERVICES
The types of Facilities and Services proposed to be financed by Community Facilities District No. 2025-1 (CFD) are as follows:

The CFD shall be authorized to finance all or any part of the costs of acquisition, construction and improvement of public facilities, including but not limited to the following facilities (the “Facilities”):

The Facilities shall include all hard and soft costs associated within the Community Facilities District are :525 Ft. section of the east side of Dale Rd at Pelandale Ave, the improvements on Bangs Avenue from Dale Road to American Avenue, including the costs of acquisition of land and rights-of-way, the costs of design, engineering and planning, the costs of environmental or traffic studies, surveys or other reports, costs related to landscaping and irrigation, soils testing, permits, plan check, and inspection fees, insurance, legal and related overhead costs, coordination and supervision and any other costs or appurtenances related to any of the foregoing. The CFD may also fund, and the special taxes may also be used to directly pay for, the purchase, construction, expansion, improvement or rehabilitation of any of the Facilities, and to reimburse the City or any third parties for advances made to purchase, construct, expand, improve or rehabilitate any of the Facilities.
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LIST OF SERVICES
The services to be funded in whole or in part by the CFD include all direct and incidental costs related to providing the maintenance of public infrastructure within the area of the CFD, and areas adjacent to or in the vicinity of such areas. More specifically, the services shall include, but not be limited to: maintenance, repair and replacement of parkways, tree pruning, landscaped medians.

The services to be provided include, but are not limited to, litter and debris removal, pruning, staking, fertilizing, plant replacement and restoration, fire and weed control, erosion control, trimming of vegetation, and storm drain system maintenance. Authorized services shall also include the following: (i) related reserves for the replacement of plants and materials.

The services to be financed by the CFD are in addition to those provided in the territory of the CFD before the date of creation of the CFD and will not supplant services already available within that territory when the CFD was created.

Administrative Expenses
The administrative expenses to be funded by the CFD include the direct and indirect expenses incurred by the City in carrying out its duties with respect to the CFD including, but not limited to, the levy and collection of special taxes, fees and expenses of attorneys, any fees of the County of Stanislaus related to the CFD or the collection of special taxes, an allocable share of the salaries of the City staff related thereto, and expenses incurred by the City in undertaking action to foreclose on properties for which the payment of special taxes is delinquent, and all other costs and expenses of the City in any way related to the CFD. #12..
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CFD No. 2025-1 (KBPS #2) 11 December 17, 2024

APPENDIX B

PROPOSED RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX

CITY OF MODESTO
COMMUNITY FACILITIES DISTRICT NO. 2025-1
(KIERNAN BUSINESS PARK SOUTH #2)

RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX
Special Taxes applicable to each Assessor’s Parcel in the City of Modesto Community Facilities District No. 2025-1 (Kiernan Business Park South #2) shall be levied and collected according to the tax liability determined by the City Council through the application of the appropriate amount or rate for Taxable Property, as described below. All property in the CFD, unless exempted by law or by the provisions of Section G below, shall be taxed for the purposes, to the extent, and in the manner herein provided, including property subsequently annexed into the CFD unless a separate Rate and Method of Apportionment is adopted for the annexation area.

A. DEFINITIONS
The terms hereinafter set forth have the following meanings:
“Acre” or “Acreage” means the land area of an Assessor’s Parcel as shown on an Assessor’s Parcel Map, or if the land area is not shown on an Assessor’s Parcel Map, the land area shown on the applicable Final Map or other Development Plan.
“Act” means the Mello-Roos Community Facilities Act of 1982, as amended, being Chapter 2.5, (commencing with Section 53311), Part 1, Division 2 of Title 5 of the California Government Code. “Administrative Expenses” means any or all of the following: the expenses of the City in carrying out its duties with respect to the CFD, including, but not limited to, the levy and collection of Special Taxes, the fees and expenses of its counsel, charges levied by the County in connection with the levy and collection of Special Taxes, costs related to property owner inquiries regarding the Special Taxes, costs associated with appeals or requests for interpretation associated with the Special Taxes and this RMA, costs associated with foreclosure and collection of delinquent Special Taxes, and all other costs and expenses of the City in any way related to the establishment or administration of the CFD. “Administrator” means the person or firm designated by the City to administer the Special Taxes according to this RMA.
“Annual Maintenance Special Tax” means a special tax levied in any Fiscal Year to pay the Maintenance Special Tax Requirement, as defined below. “Assessor’s Parcel” or “Parcel” means a lot or parcel shown on an Assessor’s Parcel Map with an assigned Assessor’s Parcel number.
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CFD No. 2025-1 (KBPS #2) 12 December 17, 2024
“Assessor’s Parcel Map” means an official map of the County Assessor designating parcels by Assessor’s Parcel Number.
“Assessor’s Parcel Number” means a unique number assigned to an Assessor’s Parcel by the County Assessor for purposes of identifying a property.
“Authorized Facilities” means the public facilities authorized to be funded by the CFD as set forth in the documents adopted by the City Council when the CFD was formed. “Authorized Services” means the public services authorized to be funded by the CFD as set forth in the documents adopted by the City Council when the CFD was formed. “Building Permit” means a permit that allows for vertical construction of a building or buildings, which shall not include a separate permit issued for construction of the foundation thereof.
“CFD” means the City of Modesto Community Facilities District No. 2025-1 (Kiernan Business Park South #2).
“CFD Formation” means the date on which the Resolution of Formation to form the CFD was adopted by the City Council.
“City” means the City of Modesto.
“City Council” means the City Council of the City of Modesto, acting as the legislative body of the CFD. “County” means the County of Stanislaus.
“Developed Property” means, in any Fiscal Year, the following:

For purposes of levying the Annual Maintenance Special Tax:
• for Single Family Detached Property, all Parcels for which a Final Map was recorded prior to June 30 of the preceding Fiscal Year but not prior to June 30, 2024;
• for Single Family Attached Property, all Parcels for which a Building Permit was issued prior to June 30 of the preceding Fiscal Year but not prior to June 30, 2024; • for Other Property, all parcels for which a Building Permit was issued prior to June 30 of the preceding Fiscal Year.

For purposes of levying the One-Time Facilities Special Tax: all Parcels for which a Building Permit was issued prior to June 30 of the preceding Fiscal Year. “Development Class” means, individually, Developed Property and Undeveloped Property. “Development Plan” means a condominium plan, apartment plan, site plan or other development plan that identifies such information as the type of structure, the acreage, the square footage, and/or the number of Units that will be developed on Single Family Attached Property or Other Property.
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CFD No. 2025-1 (KBPS #2) 13 December 17, 2024
“Escalation Factor” means, in any Fiscal Year, the greater of (i) the percentage increase, if any, in the construction cost index for the San Francisco region for the prior twelve (12) month period as published in the Engineering News Record or other comparable source if the Engineering News Record is discontinued or otherwise not available, or (ii) four percent (4.0%). “Final Map” means a final map, or portion thereof, approved by the City pursuant to the Subdivision Map Act (California Government Code Section 66410 et seq) that creates Single Family Detached Lots. The term “Final Map” shall not include any large-lot subdivision map, Assessor’s Parcel Map, or subdivision map or portion thereof, that does not create Single Family Detached Lots, including Assessor’s Parcels that are designated as remainder parcels.
“Fiscal Year” means the period starting July 1 and ending on the following June 30. “Future Annexation Area” means that geographic area that, at the time of CFD Formation, was considered potential annexation area for the CFD and which was, therefore, identified as “future annexation area” on the recorded CFD boundary map. Such designation does not mean that any or all of the Future Annexation Area will annex into the CFD, but should property designated as Future Annexation Area choose to annex, the annexation may be processed pursuant to the streamlined annexation procedures provided in the Act. “Maintenance Special Tax Requirement” means the amount of revenue needed in any Fiscal Year to pay for: (i) Authorized Services, (ii) establishment of reserves, (iii) Administrative Expenses, and (iv) amounts needed to cure any delinquencies in the payment of Annual Maintenance Special Taxes which have occurred in prior Fiscal Years.
“Maximum Annual Maintenance Special Tax” means the greatest amount of Annual Maintenance Special Tax that can be levied on an Assessor’s Parcel in any Fiscal Year determined in accordance with Sections C and D below.
“Maximum One-Time Facilities Special Tax” means the greatest amount of One-Time Facilities Special Tax that can be levied on an Assessor’s Parcel in any Fiscal Year determined in accordance with Sections C and D below.
“Maximum Special Taxes” means, collectively, the Maximum One-Time Facilities Special Tax and Maximum Annual Maintenance Special Tax. “One-Time Facilities Special Tax” means a special tax, levied on Taxable Property to pay the One-Time Facilities Special Tax Requirement and collected by the City prior to a Building Permit being issued on a Parcel of Taxable Property.
“One-Time Facilities Special Tax Requirement” means, for a Parcel of Taxable Property in the CFD, the amount needed to pay the Parcel’s share of the cost of Authorized Facilities as #12..
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CFD No. 2025-1 (KBPS #2) 14 December 17, 2024
determined by the City, which amount shall not exceed the Maximum One-Time Facilities Special Tax assigned to the Parcel pursuant to this RMA.
“Original Parcel” means an Assessor’s Parcel in the CFD at the time of CFD Formation, or added to the CFD upon annexation, as identified in Attachment 1 (which shall be updated after each annexation). A Successor Parcel that is being further subdivided shall also be considered an Original Parcel for purposes of determining the Maximum Special Taxes pursuant to Section C below.
“Owners Association” means a homeowners association or property owners association that provides services to, and collects assessments, fees, dues, or charges from, property within the CFD. “Owners Association Property” means any property within the boundaries of the CFD that is owned in fee or through easement by the Owners Association, not including any such property that is located directly under a residential structure. “Other Property” means any Parcel of Developed Property in the CFD that is not Single Family Attached Property or Single Family Detached Property. “Proportionately” means, for each Development Class, that the ratio of the actual Annual Maintenance Special Tax levied in any Fiscal Year to the Maximum Annual Maintenance Special Tax authorized to be levied in that Fiscal Year is equal for all parcels assigned to the Development Class. “Public Property” means any property within the boundaries of the CFD that is owned by the federal government, State of California, County, City, or other public agency. “Resultant Parcel” means one of the legal parcels created as a result of the lot line adjustment recorded with the Stanislaus County Recorder on October 25, 2024 as document #2024-0051886. “RMA” means this Rate and Method of Apportionment of Special Taxes. “SFD Unit” means a residential dwelling unit that does not share a common wall with another residential dwelling unit.
“Single Family Attached Property” means, in any Fiscal Year, all Parcels of Developed Property for which a building permit was issued for construction of a residential structure consisting of two or more Units that share common walls and are offered as for-sale Units, including such residential structures that meet the statutory definition of a condominium contained in Civil Code Section 1351. “Single Family Detached Lot” means an individual residential lot, identified and numbered on a recorded Final Map, on which a Building Permit has been or is permitted to be issued for construction of an SFD #12..
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CFD No. 2025-1 (KBPS #2) 15 December 17, 2024
Unit without further subdivision of the lot and for which no further subdivision of the lot is anticipated pursuant to an approved Tentative Map.
“Single Family Detached Property” means, in any Fiscal Year, all Parcels of Developed Property for which a Building Permit was issued or will be issued for construction of a SFD Unit. “Special Taxes” means, collectively, the One-Time Facilities Special Tax and the Annual Maintenance Special Tax.
“Subdivision Map” means a Final Map, large lot subdivision map, or other map recorded with the County that results in the subdivision of an Original Parcel into two or more Successor Parcels. “Successor Parcel” means an Assessor’s Parcel of Taxable Property created by the subdivision or reconfiguration of an Original Parcel on which construction of a residential or nonresidential structure is permitted. “Taxable Property” means all Assessor’s Parcels within the boundaries of the CFD that are not exempt from the Special Tax pursuant to law or Section G below. “Tentative Map” means a tentative map or substantial conformance exhibit for property in the CFD, including any adjustments or amendments thereto.
“Undeveloped Property” means, in any Fiscal Year, all Parcels of Taxable Property within the CFD that are not Developed Property.
“Unit” means (i) for Single Family Detached Property, an SFD Unit and (ii) for Single Family Attached Property, an individual residential unit within a duplex, triplex, fourplex, townhome, or condominium structure.

B. DATA FOR ANNUAL ADMINISTRATION
On or about July 1 of each Fiscal Year, the Administrator shall identify the current Assessor’s Parcel numbers for all Parcels of Taxable Property. The Administrator shall also: (i) assign each Parcel of Taxable Property to the appropriate Development Class; (ii) determine whether each Assessor’s Parcel of Taxable Property is Developed Property or Undeveloped Property, (iii) for Developed Property, categorize each Parcel as Single Family Detached Property, Single Family Attached Property, or Other Property, (iv) for Parcels of Single Family Attached Property, determine the number of Units on each Parcel, (v) for Other Property, determine the Acreage of each Parcel, and (vi) determine the Maintenance Special Tax Requirement.

For Single Family Attached Property, the number of Units shall be determined by referencing the relevant Development Plan. If, in any Fiscal Year, an Assessor’s Parcel includes both Developed Property and Undeveloped Property, the Administrator shall determine the acreage associated with the Developed Property, subtract this acreage from the total Acreage of the Assessor’s Parcel, and use the remaining acreage to calculate the Special Tax that will apply to Undeveloped Property within the Assessor’s Parcel.

The Special Tax shall then be calculated for Developed Property on the Parcel, and the total Special Tax levied on the Assessor’s Parcel shall be the sum of the Special Taxes determined separately for the Undeveloped Property and Developed Property on the Parcel. #12..
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CFD No. 2025-1 (KBPS #2) 16 December 17, 2024
C. CALCULATING THE MAXIMUM SPECIAL TAXES
The Administrator shall use the procedures set forth below to calculate the Maximum Special Taxes for each Parcel in the CFD in each Fiscal Year.

1. Original Parcels
The Maximum Special Taxes for each Original Parcel in the CFD as of CFD Formation are identified in Attachment 1. Attachment 1 will be updated by the Administrator as needed to reflect Original Parcels added to the CFD due to annexations.

2. Successor Parcels
a. All Successor Parcels are Single Family Detached Lots If the Parcels created by a recorded Subdivision Map are all Single Family Detached Lots, the Administrator shall apply the following steps to allocate the Maximum Special Taxes assigned to the Original Parcel to each of the Successor Parcels created by the subdivision:

Step 1: Identify the Maximum Special Taxes assigned to the Original Parcel; Step 2: Divide the Maximum Special Taxes from Step 1 by the number of Single Family Detached Lots created by the Subdivision Map to determine the Maximum Special Taxes for each Single Family Detached Lot.
b. No Successor Parcels are Single Family Detached Lots If none of the Successor Parcels created by recordation of a Subdivision Map are Single Family Detached Lots, the Administrator shall apply the following steps to allocate the Maximum Special Taxes assigned to the Original Parcel to each of the Successor Parcels:
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CFD No. 2025-1 (KBPS #2) 17 December 17, 2024
Step 1: Identify the Maximum Special Taxes assigned to the Original Parcel; Step 2: Determine the total Acreage of Taxable Property created by subdivision of the Original Parcel;
Step 3: Divide the Maximum Special Taxes from Step 1 by the Acreage from Step 2 to calculate Maximum Special Taxes per acre;
Step 4: Multiply the per-acre Maximum Special Taxes from Step 3 by the Acreage in each Successor Parcel to calculate the Maximum Special Taxes for each Successor Parcel.

If, after subdivision of an Original Parcel, a Successor Parcel is further subdivided, the Successor Parcel shall be treated as an Original Parcel for purposes of allocating Maximum Special Taxes pursuant to Section C.2a, C.2b, or C.2c, as appropriate. c. Some, But Not All, Successor Parcels are Single Family Detached Lots If a Subdivision Map divides an Original Parcel into Successor Parcels, of which some are Single Family Detached Lots and some are not, the Administrator shall apply the following steps to allocate the Maximum Special Taxes assigned to the Original Parcel to each of the Successor Parcels:

Step 1: Identify the Maximum Special Taxes assigned to the Original Parcel; Step 2: Determine the total Acreage of Taxable Property created by subdivision of the Original Parcel;
Step 3: Determine the total Acreage of Single Family Detached Property created by the subdivision by taking the sum of the Acreage in the individual Single Family Detached Lots;
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CFD No. 2025-1 (KBPS #2) 18 December 17, 2024
Step 4: Divide the Maximum Special Taxes from Step 1 by the Acreage calculated in Step 2 to calculate Maximum Special Taxes per Acre; Step 5: Multiply the per-acre Maximum Special Taxes calculated in Step 4 by the Acreage of Single Family Detached Property calculated in Step 3 to determine the total Maximum Special Taxes to be assigned to the Single Family Detached Property created by the subdivision; Step 6: Divide the amount calculated in Step 5 by the number of Single Family Detached Lots created by the subdivision to determine the Maximum Special Taxes for each Single Family Detached Lot;
Step 7: Multiply the per-acre Maximum Special Taxes calculated in Step 4 by the Acreage of each Successor Parcel that is not Single Family Detached Property to calculate the Maximum Special Taxes for such Parcels.

If, after subdivision of an Original Parcel, a Successor Parcel is further subdivided, the Successor Parcel shall be treated as an Original Parcel for purposes of allocating Maximum Special Taxes pursuant to Section C.2a, C.2b, or C.2c, as appropriate.

After each reallocation of the Maximum Special Taxes upon subdivision or reconfiguration of Original Parcels, the sum of the Maximum Special Taxes assigned to Successor Parcels shall never be less than the Maximum Special Taxes assigned to the Original Parcels prior to such reallocation.
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CFD No. 2025-1 (KBPS #2) 19 December 17, 2024
D. ESCALATION OF MAXIMUM SPECIAL TAXES

1. One-Time Facilities Special Tax
Beginning in January 2025 and each January thereafter, the Maximum One-Time Facilities Special Tax assigned to each Parcel shall be adjusted by the Escalation Factor. Each annual adjustment of the Maximum One-Time Facilities Special Tax shall become effective on the subsequent July 1.

2. Annual Maintenance Special Tax
Beginning in January 2025 and each January thereafter, the Maximum Annual Maintenance Special Tax shall be adjusted by the Escalation Factor. Each annual adjustment of the Maximum Annual Maintenance Special Tax shall become effective on the subsequent July 1.

E. METHOD OF LEVY OF SPECIAL TAXES

1. One-Time Facilities Special Tax
Prior to issuance of a Building Permit for a Parcel of Taxable Property, the One-Time Facilities Special Tax shall be levied on the Parcel in the amount of the One-Time Special Tax Requirement for the Parcel, as determined by the City.

2. Annual Maintenance Special Tax
Each Fiscal Year, the Administrator shall determine the Maintenance Special Tax Requirement for that Fiscal Year. The Annual Maintenance Special Tax shall then be levied on all Parcels of Taxable Property as follows:

Step 1: The Annual Maintenance Special Tax shall be levied Proportionately on each Parcel of Developed Property within the CFD up to 100% of the Maximum Annual Maintenance Special Tax for each Parcel for such Fiscal Year; Step 2: If additional revenue is needed after Step 1, the Annual Maintenance Special Tax shall be levied Proportionately on each Assessor’s Parcel of Undeveloped Property within the CFD, up to 100% of the Maximum Annual Maintenance Special Tax for each Parcel of Undeveloped Property for such Fiscal Year.

F. COLLECTION OF SPECIAL TAXES
The One-Time Facilities Special Tax shall be collected prior to a Building Permit being issued for any residential or non-residential structure on Taxable Property and shall be immediately delinquent if not so paid.
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CFD No. 2025-1 (KBPS #2) 20 December 17, 2024
The Annual Maintenance Special Tax shall be collected in the same manner and at the same time as ordinary ad valorem property taxes, provided, however, that the City may directly bill, collect at a different time or in a different manner, and/or collect delinquent Annual Maintenance Special Taxes through foreclosure or other available methods. The Annual Maintenance Special Tax will continue to be levied and collected unless and until the City determines that Annual Maintenance Special Tax revenues are no longer needed to pay for Authorized Services.

G. EXEMPTIONS
No Special Taxes shall be levied on Public Property or Owners Association Property, as defined herein. Notwithstanding the foregoing, if in any Fiscal Year, a Parcel of Public Property is converted to private use, such Parcel shall be subject to the levy of Special Taxes. In such case, the City shall determine the appropriate Maximum Special Taxes for the Parcel based on the land uses to be constructed on the Parcel.

H. INTERPRETATION OF SPECIAL TAX FORMULA
The City reserves the right to make minor administrative and technical changes to this document that does not materially affect the rate and method of apportioning the Special Taxes.

In addition, the interpretation and application of any section of this document shall be left to the City’s discretion. Interpretations may be made by the City by ordinance or resolution for purposes of clarifying any vagueness or ambiguity in this RMA.
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ATTACHMENT 1

CITY OF MODESTO
COMMUNITY FACILITIES DISTRICT NO. 2025-1
(KIERNAN BUSINESS PARK SOUTH #2)
Maximum Special Taxes Assigned to Each Original Parcel
Assessor’s
Parcel
Number
Fiscal Year 2024-25
Maximum One-Time
Facilities Special Tax [1]
Fiscal Year 2024-25
Maximum Annual
Maintenance Special Tax [2]
078-018-018 $91,059 $2,323
078-018-031 $1,315,865 $33,567
078-018-035 $843,408 $21,515
078-018-036 $0 $5,084
Resultant Parcel #1 $929,241 $23,705
Resultant Parcel #2 $1,047,916 $26,732
Resultant Parcel #3 $653,828 $16,679

1. Beginning in January 2025 and each January thereafter, the Maximum One-Time Facilities Special Tax shall be adjusted by the Escalation Factor. Each annual adjustment of the Maximum One-Time Facilities Special Tax shall become effective on the subsequent July 1.

2. Beginning January 2025 and each January thereafter, the Maximum Annual Maintenance Special Tax shall be adjusted annually by the Escalation Factor. Each annual adjustment of the Maximum Annual Maintenance Special Tax shall become effective on the subsequent July 1. #12..
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APPENDIX C

PROPOSED BOUNDARY MAP OF
CITY OF MODESTO COMMUNITY FACILITIES DISTRICT NO. 2025-1 (KIERNAN BUSINESS PARK SOUTH #2)
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CITY OF MODESTO
COMMUNITY FACILITIES DISTRICT NO. 2025-1
(KIERNAN BUSINESS PARK SOUTH #2)

LIST OF FACILITIES
The types of Facilities and Services proposed to be financed by Community Facilities District No. 2025-1 (CFD) are as follows:

Authorized Facilities:

The Facilities shall include all hard and soft costs associated within the Community Facilities District are: improvements to the east side of Dale Rd at Pelandale Ave, the improvements on Bangs Avenue from Dale Road to American Avenue, including the costs of acquisition of land and rights-of-way, the costs of design, engineering and planning, the costs of environmental or traffic studies, surveys or other reports, costs related to landscaping and irrigation, soils testing, permits, plan check, and inspection fees, insurance, legal and related overhead costs, coordination and supervision and any other costs or appurtenances related to any of the foregoing. The CFD may also fund, and the special taxes may also be used to directly pay for, the purchase, construction, expansion, improvement or rehabilitation of any of the Facilities, and to reimburse the City or any third parties for advances made to purchase, construct, expand, improve or rehabilitate any of the Facilities.
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LIST OF SERVICES
The services to be funded in whole or in part by the CFD include all direct and incidental costs related to providing the maintenance of public infrastructure within the area of the CFD, the future annexation area, and areas adjacent to or in the vicinity of such areas. More specifically, the services shall include, but not be limited to maintenance, repair and replacement of parkways, tree pruning, landscaped medians.

The services to be provided include, but are not limited to, litter and debris removal, pruning, staking, fertilizing, plant replacement and restoration, fire and weed control, erosion control, trimming of vegetation, and storm drain system maintenance. Authorized services shall also include the following: (i) related reserves for the replacement of plants and materials.

The services to be financed by the CFD are in addition to those provided in the territory of the CFD before the date of creation of the CFD and will not supplant services already available within that territory when the CFD was created.

Administrative Expenses
The administrative expenses to be funded by the CFD include the direct and indirect expenses incurred by the City in carrying out its duties with respect to the CFD including, but not limited to, the levy and collection of special taxes, fees and expenses of attorneys, any fees of the County of Stanislaus related to the CFD or the collection of special taxes, an allocable share of the salaries of the City staff related thereto, and expenses incurred by the City in undertaking action to foreclose on properties for which the payment of special taxes is delinquent, and all other costs and expenses of the City in any way related to the CFD.
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CFD No. 2025-1 (KBPS #2) 1 December 17, 2024

CITY OF MODESTO
COMMUNITY FACILITIES DISTRICT NO. 2025-1
(KIERNAN BUSINESS PARK SOUTH #2)

RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX
Special Taxes applicable to each Assessor’s Parcel in the City of Modesto Community Facilities District No. 2025-1 (Kiernan Business Park South #2) shall be levied and collected according to the tax liability determined by the City Council through the application of the appropriate amount or rate for Taxable Property, as described below. All property in the CFD, unless exempted by law or by the provisions of Section G below, shall be taxed for the purposes, to the extent, and in the manner herein provided, including property subsequently annexed into the CFD unless a separate Rate and Method of Apportionment is adopted for the annexation area.

A. DEFINITIONS
The terms hereinafter set forth have the following meanings:
“Acre” or “Acreage” means the land area of an Assessor’s Parcel as shown on an Assessor’s Parcel Map, or if the land area is not shown on an Assessor’s Parcel Map, the land area shown on the applicable Final Map or other Development Plan.
“Act” means the Mello-Roos Community Facilities Act of 1982, as amended, being Chapter 2.5, (commencing with Section 53311), Part 1, Division 2 of Title 5 of the California Government Code.
“Administrative Expenses” means any or all of the following: the expenses of the City in carrying out its duties with respect to the CFD, including, but not limited to, the levy and collection of Special Taxes, the fees and expenses of its counsel, charges levied by the County in connection with the levy and collection of Special Taxes, costs related to property owner inquiries regarding the Special Taxes, costs associated with appeals or requests for interpretation associated with the Special Taxes and this RMA, costs associated with foreclosure and collection of delinquent Special Taxes, and all other costs and expenses of the City in any way related to the establishment or administration of the CFD.
“Administrator” means the person or firm designated by the City to administer the Special Taxes according to this RMA.
“Annual Maintenance Special Tax” means a special tax levied in any Fiscal Year to pay the Maintenance Special Tax Requirement, as defined below.
“Assessor’s Parcel” or “Parcel” means a lot or parcel shown on an Assessor’s Parcel Map with an assigned Assessor’s Parcel number.
“Assessor’s Parcel Map” means an official map of the County Assessor designating parcels by Assessor’s Parcel Number.
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CFD No. 2025-1 (KBPS #2) 2 December 17, 2024
“Assessor’s Parcel Number” means a unique number assigned to an Assessor’s Parcel by the County Assessor for purposes of identifying a property. “Authorized Facilities” means the public facilities authorized to be funded by the CFD as set forth in the documents adopted by the City Council when the CFD was formed. “Authorized Services” means the public services authorized to be funded by the CFD as set forth in the documents adopted by the City Council when the CFD was formed. “Building Permit” means a permit that allows for vertical construction of a building or buildings, which shall not include a separate permit issued for construction of the foundation thereof. “CFD” means the City of Modesto Community Facilities District No. 2025-1 (Kiernan Business Park South #2).
“CFD Formation” means the date on which the Resolution of Formation to form the CFD was adopted by the City Council.
“City” means the City of Modesto.
“City Council” means the City Council of the City of Modesto, acting as the legislative body of the CFD.
“County” means the County of Stanislaus.
“Developed Property” means, in any Fiscal Year, the following:

For purposes of levying the Annual Maintenance Special Tax:
• for Single Family Detached Property, all Parcels for which a Final Map was recorded prior to June 30 of the preceding Fiscal Year but not prior to June 30, 2024; • for Single Family Attached Property, all Parcels for which a Building Permit was issued prior to June 30 of the preceding Fiscal Year but not prior to June 30, 2024; • for Other Property, all parcels for which a Building Permit was issued prior to June 30 of the preceding Fiscal Year.

For purposes of levying the One-Time Facilities Special Tax: all Parcels for which a Building Permit was issued prior to June 30 of the preceding Fiscal Year. “Development Class” means, individually, Developed Property and Undeveloped Property. “Development Plan” means a condominium plan, apartment plan, site plan or other development plan that identifies such information as the type of structure, the acreage, the square footage, and/or the number of Units that will be developed on Single Family Attached Property or Other Property. #12..
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CFD No. 2025-1 (KBPS #2) 3 December 17, 2024
“Escalation Factor” means, in any Fiscal Year, the greater of (i) the percentage increase, if any, in the construction cost index for the San Francisco region for the prior twelve (12) month period as published in the Engineering News Record or other comparable source if the Engineering News Record is discontinued or otherwise not available, or (ii) four percent (4.0%). “Final Map” means a final map, or portion thereof, approved by the City pursuant to the Subdivision Map Act (California Government Code Section 66410 et seq) that creates Single Family Detached Lots. The term “Final Map” shall not include any large-lot subdivision map, Assessor’s Parcel Map, or subdivision map or portion thereof, that does not create Single Family Detached Lots, including Assessor’s Parcels that are designated as remainder parcels. “Fiscal Year” means the period starting July 1 and ending on the following June 30. “Future Annexation Area” means that geographic area that, at the time of CFD Formation, was considered potential annexation area for the CFD and which was, therefore, identified as “future annexation area” on the recorded CFD boundary map. Such designation does not mean that any or all of the Future Annexation Area will annex into the CFD, but should property designated as Future Annexation Area choose to annex, the annexation may be processed pursuant to the streamlined annexation procedures provided in the Act.
“Maintenance Special Tax Requirement” means the amount of revenue needed in any Fiscal Year to pay for: (i) Authorized Services, (ii) establishment of reserves, (iii) Administrative Expenses, and (iv) amounts needed to cure any delinquencies in the payment of Annual Maintenance Special Taxes which have occurred in prior Fiscal Years. “Maximum Annual Maintenance Special Tax” means the greatest amount of Annual Maintenance Special Tax that can be levied on an Assessor’s Parcel in any Fiscal Year determined in accordance with Sections C and D below.
“Maximum One-Time Facilities Special Tax” means the greatest amount of One-Time Facilities Special Tax that can be levied on an Assessor’s Parcel in any Fiscal Year determined in accordance with Sections C and D below.
“Maximum Special Taxes” means, collectively, the Maximum One-Time Facilities Special Tax and Maximum Annual Maintenance Special Tax.
“One-Time Facilities Special Tax” means a special tax, levied on Taxable Property to pay the One-Time Facilities Special Tax Requirement and collected by the City prior to a Building Permit being issued on a Parcel of Taxable Property.
“One-Time Facilities Special Tax Requirement” means, for a Parcel of Taxable Property in the CFD, the amount needed to pay the Parcel’s share of the cost of Authorized Facilities as determined by the City, which amount shall not exceed the Maximum One-Time Facilities Special Tax assigned to the Parcel pursuant to this RMA.
“Original Parcel” means an Assessor’s Parcel in the CFD at the time of CFD Formation, or added to the CFD upon annexation, as identified in Attachment 1 (which shall be updated after each #12..
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CFD No. 2025-1 (KBPS #2) 4 December 17, 2024
annexation). A Successor Parcel that is being further subdivided shall also be considered an Original Parcel for purposes of determining the Maximum Special Taxes pursuant to Section C below.
“Owners Association” means a homeowners association or property owners association that provides services to, and collects assessments, fees, dues, or charges from, property within the CFD.
“Owners Association Property” means any property within the boundaries of the CFD that is owned in fee or through easement by the Owners Association, not including any such property that is located directly under a residential structure.
“Other Property” means any Parcel of Developed Property in the CFD that is not Single Family Attached Property or Single Family Detached Property.
“Proportionately” means, for each Development Class, that the ratio of the actual Annual Maintenance Special Tax levied in any Fiscal Year to the Maximum Annual Maintenance Special Tax authorized to be levied in that Fiscal Year is equal for all parcels assigned to the Development Class.
“Public Property” means any property within the boundaries of the CFD that is owned by the federal government, State of California, County, City, or other public agency. “Resultant Parcel” means one of the legal parcels created as a result of the lot line adjustment recorded with the Stanislaus County Recorder on October 25, 2024 as document #2024-0051886. “RMA” means this Rate and Method of Apportionment of Special Taxes. “SFD Unit” means a residential dwelling unit that does not share a common wall with another residential dwelling unit.
“Single Family Attached Property” means, in any Fiscal Year, all Parcels of Developed Property for which a building permit was issued for construction of a residential structure consisting of two or more Units that share common walls and are offered as for-sale Units, including such residential structures that meet the statutory definition of a condominium contained in Civil Code Section 1351.
“Single Family Detached Lot” means an individual residential lot, identified and numbered on a recorded Final Map, on which a Building Permit has been or is permitted to be issued for construction of an SFD Unit without further subdivision of the lot and for which no further subdivision of the lot is anticipated pursuant to an approved Tentative Map. “Single Family Detached Property” means, in any Fiscal Year, all Parcels of Developed Property for which a Building Permit was issued or will be issued for construction of a SFD Unit. “Special Taxes” means, collectively, the One-Time Facilities Special Tax and the Annual Maintenance Special Tax.
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CFD No. 2025-1 (KBPS #2) 5 December 17, 2024
“Subdivision Map” means a Final Map, large lot subdivision map, or other map recorded with the County that results in the subdivision of an Original Parcel into two or more Successor Parcels. “Successor Parcel” means an Assessor’s Parcel of Taxable Property created by the subdivision or reconfiguration of an Original Parcel on which construction of a residential or non-residential structure is permitted.
“Taxable Property” means all Assessor’s Parcels within the boundaries of the CFD that are not exempt from the Special Tax pursuant to law or Section G below. “Tentative Map” means a tentative map or substantial conformance exhibit for property in the CFD, including any adjustments or amendments thereto.
“Undeveloped Property” means, in any Fiscal Year, all Parcels of Taxable Property within the CFD that are not Developed Property.
“Unit” means (i) for Single Family Detached Property, an SFD Unit and (ii) for Single Family Attached Property, an individual residential unit within a duplex, triplex, fourplex, townhome, or condominium structure.

B. DATA FOR ANNUAL ADMINISTRATION
On or about July 1 of each Fiscal Year, the Administrator shall identify the current Assessor’s Parcel numbers for all Parcels of Taxable Property. The Administrator shall also: (i) assign each Parcel of Taxable Property to the appropriate Development Class; (ii) determine whether each Assessor’s Parcel of Taxable Property is Developed Property or Undeveloped Property, (iii) for Developed Property, categorize each Parcel as Single Family Detached Property, Single Family Attached Property, or Other Property, (iv) for Parcels of Single Family Attached Property, determine the number of Units on each Parcel, (v) for Other Property, determine the Acreage of each Parcel, and (vi) determine the Maintenance Special Tax Requirement.

For Single Family Attached Property, the number of Units shall be determined by referencing the relevant Development Plan. If, in any Fiscal Year, an Assessor’s Parcel includes both Developed Property and Undeveloped Property, the Administrator shall determine the acreage associated with the Developed Property, subtract this acreage from the total Acreage of the Assessor’s Parcel, and use the remaining acreage to calculate the Special Tax that will apply to Undeveloped Property within the Assessor’s Parcel. The Special Tax shall then be calculated for Developed Property on the Parcel, and the total Special Tax levied on the Assessor’s Parcel shall be the sum of the Special Taxes determined separately for the Undeveloped Property and Developed Property on the Parcel.

C. CALCULATING THE MAXIMUM SPECIAL TAXES
The Administrator shall use the procedures set forth below to calculate the Maximum Special Taxes for each Parcel in the CFD in each Fiscal Year.
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CFD No. 2025-1 (KBPS #2) 6 December 17, 2024

1. Original Parcels
The Maximum Special Taxes for each Original Parcel in the CFD as of CFD Formation are identified in Attachment 1. Attachment 1 will be updated by the Administrator as needed to reflect Original Parcels added to the CFD due to annexations.

2. Successor Parcels
a. All Successor Parcels are Single Family Detached Lots If the Parcels created by a recorded Subdivision Map are all Single Family Detached Lots, the Administrator shall apply the following steps to allocate the Maximum Special Taxes assigned to the Original Parcel to each of the Successor Parcels created by the subdivision:

Step 1: Identify the Maximum Special Taxes assigned to the Original Parcel; Step 2: Divide the Maximum Special Taxes from Step 1 by the number of Single Family Detached Lots created by the Subdivision Map to determine the Maximum Special Taxes for each Single Family Detached Lot.
b. No Successor Parcels are Single Family Detached Lots If none of the Successor Parcels created by recordation of a Subdivision Map are Single Family Detached Lots, the Administrator shall apply the following steps to allocate the Maximum Special Taxes assigned to the Original Parcel to each of the Successor Parcels:

Step 1: Identify the Maximum Special Taxes assigned to the Original Parcel; Step 2: Determine the total Acreage of Taxable Property created by subdivision of the Original Parcel;
Step 3: Divide the Maximum Special Taxes from Step 1 by the Acreage from Step 2 to calculate Maximum Special Taxes per acre;
Step 4: Multiply the per-acre Maximum Special Taxes from Step 3 by the Acreage in each Successor Parcel to calculate the Maximum Special Taxes for each Successor Parcel.

If, after subdivision of an Original Parcel, a Successor Parcel is further subdivided, the Successor Parcel shall be treated as an Original Parcel for purposes of allocating Maximum Special Taxes pursuant to Section C.2a, C.2b, or C.2c, as appropriate. c. Some, But Not All, Successor Parcels are Single Family Detached Lots If a Subdivision Map divides an Original Parcel into Successor Parcels, of which some are Single Family Detached Lots and some are not, the Administrator shall apply the following steps to allocate the Maximum Special Taxes assigned to the Original Parcel to each of the Successor Parcels:
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CFD No. 2025-1 (KBPS #2) 7 December 17, 2024
Step 1: Identify the Maximum Special Taxes assigned to the Original Parcel; Step 2: Determine the total Acreage of Taxable Property created by subdivision of the Original Parcel;
Step 3: Determine the total Acreage of Single Family Detached Property created by the subdivision by taking the sum of the Acreage in the individual Single Family Detached Lots;
Step 4: Divide the Maximum Special Taxes from Step 1 by the Acreage calculated in Step 2 to calculate Maximum Special Taxes per Acre; Step 5: Multiply the per-acre Maximum Special Taxes calculated in Step 4 by the Acreage of Single Family Detached Property calculated in Step 3 to determine the total Maximum Special Taxes to be assigned to the Single Family Detached Property created by the subdivision; Step 6: Divide the amount calculated in Step 5 by the number of Single Family Detached Lots created by the subdivision to determine the Maximum Special Taxes for each Single Family Detached Lot;
Step 7: Multiply the per-acre Maximum Special Taxes calculated in Step 4 by the Acreage of each Successor Parcel that is not Single Family Detached Property to calculate the Maximum Special Taxes for such Parcels.

If, after subdivision of an Original Parcel, a Successor Parcel is further subdivided, the Successor Parcel shall be treated as an Original Parcel for purposes of allocating Maximum Special Taxes pursuant to Section C.2a, C.2b, or C.2c, as appropriate.

After each reallocation of the Maximum Special Taxes upon subdivision or reconfiguration of Original Parcels, the sum of the Maximum Special Taxes assigned to Successor Parcels shall never be less than the Maximum Special Taxes assigned to the Original Parcels prior to such reallocation.

D. ESCALATION OF MAXIMUM SPECIAL TAXES

1. One-Time Facilities Special Tax
Beginning in January 2025 and each January thereafter, the Maximum One-Time Facilities Special Tax assigned to each Parcel shall be adjusted by the Escalation Factor. Each annual adjustment of the Maximum One-Time Facilities Special Tax shall become effective on the subsequent July 1.

2. Annual Maintenance Special Tax
Beginning in January 2025 and each January thereafter, the Maximum Annual Maintenance Special Tax shall be adjusted by the Escalation Factor. Each annual adjustment of the Maximum Annual Maintenance Special Tax shall become effective on the subsequent July 1. #12..
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CFD No. 2025-1 (KBPS #2) 8 December 17, 2024
E. METHOD OF LEVY OF SPECIAL TAXES

1. One-Time Facilities Special Tax
Prior to issuance of a Building Permit for a Parcel of Taxable Property, the One-Time Facilities Special Tax shall be levied on the Parcel in the amount of the One-Time Special Tax Requirement for the Parcel, as determined by the City.

2. Annual Maintenance Special Tax
Each Fiscal Year, the Administrator shall determine the Maintenance Special Tax Requirement for that Fiscal Year. The Annual Maintenance Special Tax shall then be levied on all Parcels of Taxable Property as follows:

Step 1: The Annual Maintenance Special Tax shall be levied Proportionately on each Parcel of Developed Property within the CFD up to 100% of the Maximum Annual Maintenance Special Tax for each Parcel for such Fiscal Year; Step 2: If additional revenue is needed after Step 1, the Annual Maintenance Special Tax shall be levied Proportionately on each Assessor’s Parcel of Undeveloped Property within the CFD, up to 100% of the Maximum Annual Maintenance Special Tax for each Parcel of Undeveloped Property for such Fiscal Year.

F. COLLECTION OF SPECIAL TAXES
The One-Time Facilities Special Tax shall be collected prior to a Building Permit being issued for any residential or non-residential structure on Taxable Property and shall be immediately delinquent if not so paid.

The Annual Maintenance Special Tax shall be collected in the same manner and at the same time as ordinary ad valorem property taxes, provided, however, that the City may directly bill, collect at a different time or in a different manner, and/or collect delinquent Annual Maintenance Special Taxes through foreclosure or other available methods. The Annual Maintenance Special Tax will continue to be levied and collected unless and until the City determines that Annual Maintenance Special Tax revenues are no longer needed to pay for Authorized Services.

G. EXEMPTIONS
No Special Taxes shall be levied on Public Property or Owners Association Property, as defined herein. Notwithstanding the foregoing, if in any Fiscal Year, a Parcel of Public Property is converted to private use, such Parcel shall be subject to the levy of Special Taxes. In such case, the City shall determine the appropriate Maximum Special Taxes for the Parcel based on the land uses to be constructed on the Parcel.
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CFD No. 2025-1 (KBPS #2) 9 December 17, 2024
H. INTERPRETATION OF SPECIAL TAX FORMULA
The City reserves the right to make minor administrative and technical changes to this document that does not materially affect the rate and method of apportioning the Special Taxes. In addition, the interpretation and application of any section of this document shall be left to the City’s discretion. Interpretations may be made by the City by ordinance or resolution for purposes of clarifying any vagueness or ambiguity in this RMA.
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ATTACHMENT 1

CITY OF MODESTO
COMMUNITY FACILITIES DISTRICT NO. 2025-1
(KIERNAN BUSINESS PARK SOUTH #2)
Maximum Special Taxes Assigned to Each Original Parcel
Assessor’s
Parcel
Number
Fiscal Year 2024-25
Maximum One-Time
Facilities Special Tax [1]
Fiscal Year 2024-25
Maximum Annual
Maintenance Special Tax [2]
078-018-018 $91,059 $2,323
078-018-031 $1,315,865 $33,567
078-018-035 $843,408 $21,515
078-018-036 $0 $5,084
Resultant Parcel #1 $929,241 $23,705
Resultant Parcel #2 $1,047,916 $26,732
Resultant Parcel #3 $653,828 $16,679

1. Beginning in January 2025 and each January thereafter, the Maximum One-Time Facilities Special Tax shall be adjusted by the Escalation Factor. Each annual adjustment of the Maximum One-Time Facilities Special Tax shall become effective on the subsequent July 1.

2. Beginning January 2025 and each January thereafter, the Maximum Annual Maintenance Special Tax shall be adjusted annually by the Escalation Factor. Each annual adjustment of the Maximum Annual Maintenance Special Tax shall become effective on the subsequent July 1. #12..
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#12..
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CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

January 28, 2025
Date: January 3, 2025
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: DeAnna Christensen, Director of Finance
SUBJECT: Monthly Investment Report – November 2024
CONTACT: Calogero Maniscalco, Senior Financial Analyst
[email protected], 209-577-5219
DESCRIPTION:

Consider accepting the Monthly Investment Report for November 2024. (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 November 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 November 30, 2024, the City had a closing market value of $470,366,794 in its investment portfolio. #13..
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City Council, January 28, 2025
Monthly Investment Report – November 2024

FISCAL IMPACT:

In November, the approximate yield of the City’s combined investments was 3.83% (see attachment 3) on a weighted average. For the portfolio of securities alone, the yield to maturity on cost was 3.67%. For comparative purposes, the yields (as of November 30, 2024) of other investments commonly used by public agencies are listed below:

Local Agency Investment Fund: 4.48%
1-Year U.S. Treasury Note: 4.41%
2-Year U.S. Treasury Note: 4.20%

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 been presented to a committee. This item is being presented as informational to share the monthly Investment Report and activity to Council and the public.

RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Motion accepting the Monthly Investment Report for November 2024.

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

Investment Type No. of Investments Amount Invested
CAMP 1 $36,072,860
Federal Agency 2 $4,104,556
Federal Nat’l Mortgage Assc. 2 $4,104,556
Federal Agency CMO 28 $84,311,078
U.S. Treasury 56 $243,146,980
Negotiable CD 1 $3,561,534
Corporate Note 30 $68,046,591
Asset-Backed 17 $28,052,453
Municipal 6 $3,070,742
Total Invested 141 $470,366,794
Sector Allocation
November 30, 2024 versus October 31, 2024
Sector November 30, 2024 October 31, 2024 Change in Allocation Permitted by Policy
U.S. Treasury 51.7% 50.9% 0.8% 100%
Federal Agency 0.9% 2.3% -1.4% 100%
Federal Agency CMO 17.9% 17.1% 0.8% 100%
Negotiable CD 0.8% 0.8% 0.0% 30%
Corporate Note 14.5% 14.5% -0.1% 30%
Asset-Backed 6.0% 6.0% -0.1% 20%
Municipal 0.7% 0.8% -0.1% 100%
CAMP 7.7% 7.6% 0.1% 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 Federal Open Market Committee (FOMC) continued its interest rate normalization by cutting the target range for the federal funds rate by 25 basis points (bps) to 4.50-4.75% after its November meeting.

Federal Reserve (Fed) Chair Jerome Powell was noncommittal during the press conference regarding the size and cadence of future cuts, but did confirm the Fed still views policy as restrictive. As such, the Fed expects to continue gradually lowering rates if warranted by the labor and inflation data. In the Long-Term portfolio we utilized the proceeds of maturing and sold securities to purchase one 5-year U.S. Treasury note. There were no new purchases in the Short-Term portfolio. #13..
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Long-Term Portfolio Total Return
November 30, 2024
1 Month Trailing
12 Months
Trailing 36
Months
Trailing 60
Months
Since
Inception5
City of Modesto Investment Portfolio1,2,3 0.46% 5.56% 1.15% 1.46% 2.15% Modesto Performance Benchmark4 0.38% 5.02% 0.66% 1.09% 1.85% Average Portfolio Yields
November 30, 2024
Past
Month
Past 3
Months
Past
Year
Past 3
Years
Past 5
Years
City of Modesto Investment Portfolio 3.67% 3.61% 3.32% 2.39% 2.17% City of Modesto Short-Term Portfolio 4.65% 4.69% 5.18% - - $47.8 $46.8
$104.1
$64.6
$113.2
$93.8
$-
$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
November 30, 2024

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 BofA 1-3 Year U.S. Treasury Index, and is now the ICE BofA 1-5 Year U.S.

Treasury Index, sourced from Bloomberg Finance L.P.

5. Inception date is 3/31/04.

PERFORMANCE
U.S. Treasury yields drifted higher during the first few weeks of the month before falling. Yields on benchmark 2-, 5-, and 10-year U.S. Treasuries ended the month at 4.15%, 4.05%, and 4.17%, reflecting declines of 2, 11, and 12 bps, respectively. The fall in yields pushed fixed income total returns positive for the month as the ICE BofA 2-, 5-, and 10-year U.S. Treasury indices returned 0.26%, 0.59%, and 1.03%, respectively. Once again, investment-grade corporate bonds posted positive excess returns relative to U.S. Treasuries as valuations remain at historically tight levels. Agency-backed commercial MBS (CMBS) excess returns rebounded in November, posting firmly positive results. Spreads for the sector moved lower as rate volatility subsided post-election and prepayments are likely to remain subdued over the near term. For the month, both the portfolio and its benchmark produced positive returns.

The portfolio overperformed the benchmark by 8 basis points. Over the trailing 12-month period, the portfolio continues to produce strong performance and outperform the benchmark by 54 basis points.

Percentages may not add to total due to rounding
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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

0.26%
Fiscal Year-to-Date Income Return

1.00%
Prior 12 Months Income Return

2.78%
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Economic Summary
Source: Bloomberg Finance L.P., as of October 2024.

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%
2020 2021 2022 2023 2024
-8.6%
-4.2%

0.1%

1.3% 1.4% 1.9% 2.4% 2.5%

3.5%
-10%
-5%
0%
5%
Final Demand Energy
Foods for Export
Final Demand of Transportation
and Warehousing Services
Total Gov't Purchases
Final Demand Constructions
Total Exports
PPI YoY
Personal Consumption Services
Final Demand Services
Key Producer Price Index Components
% Change YoY
Producer Price Index
% Change YoY
#13..
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Source: Bureau of Labor Statistics, as of November 2024. Data is seasonally adjusted.

Economic Summary
Unemployment Rate
-10
10 30
50 70
90 Retail Trade
Motor vehicles and parts
Utilities
Transportation and Warehousing
Financial Activities
Manufacturing
Professional and Business Serv
Government
Leisure and Hospitality
Health Care and Social Assista
Education and Health Services
Thousands
Change in Nonfarm Payrolls
November 2024
Apr-20

14.8%
Nov-24

4.2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
2020 2021 2022 2023 2024
#13..
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Source: ICE BofA 1-5 year Indices via Bloomberg Finance L.P., MarketAxess and PFMAM as of 11/30/2024. Spreads on ABS are optionadjusted spreads of 0-5 year indices based on weighted average life; spreads on agencies are relative to comparable maturity Treasuries.

Economic Summary
Agency, Corporate, and ABS Spreads Remained Low
-0.1%

0.0%

0.1%

0.2%

0.3%

0.4%
Nov-22 May-23 Nov-23 May-24 Nov-24
Federal Agency Yield Spread

0.0%

0.2%

0.4%

0.6%

0.8%

1.0%

1.2%
Nov-22 May-23 Nov-23 May-24 Nov-24
Corporate Notes A-AAA Yield Spreads

0.0%

0.2%

0.4%

0.6%

0.8%

1.0%

1.2%
Nov-22 May-23 Nov-23 May-24 Nov-24
Asset-Backed Securities AAA Yield Spreads
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U.S. Treasury Yields Increased Along the Curve
Source: Bloomberg Finance L.P., as of 11/30/2024.

Economic Summary

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
Yield
Maturity
U.S. Treasury Yield Curve
November 30, 2024
October 31, 2024
September 30, 2024
3mo 2yr 5yr 7yr 10yr 20yr 30yr
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The views expressed within this material constitute the perspective and judgment of U.S. Bancorp Asset Management, Inc. at the time of distribution and are subject to change. Any forecast, projection, or prediction of the market, the economy, economic trends, and equity or fixed-income markets are based upon current opinion as of the date of issue and are also subject to change. Opinions and data presented are not necessarily indicative of future events or expected performance. Information contained herein is based on data obtained from recognized statistical services, issuer reports or communications, or other sources, believed to be reliable. No representation is made as to its accuracy or completeness.

PFM Asset Management serves clients in the public sector and is a division of U.S. Bancorp Asset Management, Inc., which is the legal entity providing investment advisory services. U.S. Bancorp Asset Management, Inc. is a registered investment adviser, a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S. Bancorp. U.S. Bank N.A. is not responsible for and does not guarantee the products, services, or performance of U.S. Bancorp Asset Management, Inc.

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

Disclosures
#13..
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For the Month Ending November 30, 2024
Account Statement
Consolidated Summary Statement
CITY OF MODESTO - Combined Portfolio
Investment Allocation
Investment Type Closing Market Value Percent
Asset-Backed Security 28,052,453.01 5.96
Federal Agency Bond / Note 4,104,555.96 0.87
Corporate Note 58,265,623.36 12.39
Bank Note 9,780,967.44 2.08
Certificate of Deposit 3,561,533.50 0.76
Federal Agency Commercial Mortgage-Backed Security 84,311,078.04 17.92 Municipal Bond / Note 3,070,742.18 0.65
U.S. Treasury Bond / Note 243,146,980.10 51.70
CAMP Pool 36,072,860.08 7.67
Total $470,366,793.67 100.00%
Portfolio Summary
and Income
Closing
Portfolio Holdings Market Value
Cash Dividends
PFMAM Managed Account 847,309.81 434,293,933.59
CAMP Pool 0.00 36,072,860.08
Total $847,309.81 $470,366,793.67
Maturity Distribution (Fixed Income Holdings)
Portfolio Holdings Closing Market Value Percent
36,172,860.08

0.00 0.00
11,620,135.98
55,390,680.79
95,530,884.17
64,568,760.75
113,244,256.49
93,839,215.41

0.00 7.68

0.00 0.00

2.47 11.78

20.31 13.73

24.08 19.95

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 $470,366,793.67
909
100.00%
Weighted Average Days to Maturity
Sector Allocation

5.96%
ABS

0.87%
Fed Agy Bond /
Note

12.39%
Corporate Note

2.08%
Bank Note

0.76%
Cert of Deposit

17.92%
Federal Agency
Commercial
Mortgage-Backed
Security

0.65%
Muni Bond / Note

51.70%
US TSY Bond / Note

7.67%
CAMP Pool
PFM Asset Management Summary Page 1
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Managed Account Summary Statement For the Month Ending November 30, 2024 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)
$432,004,663.47
(4,723,441.18)
(6,666,275.40)
12,850,790.11

0.00 828,196.59
$434,293,933.59
1,057,963.03
(15,984.98)
(194,668.24)
$847,309.81
Total
437,443,299.20
2,170,717.53
6,670,786.34
4,723,441.18
1,053,452.09
(12,866,775.09)
(435,994,961.13)
(2,078,406.22)
Total Accrual Basis Earnings $1,121,553.90
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
4,615,000.00
6,670,786.34
1,053,452.09
108,441.18
(12,866,775.09)
(10,535,000.00)

0.00 Cash Balance
Closing Cash Balance $811,502.01
PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 1 U.S. Bancorp Asset Management, Inc.
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Portfolio Summary and Statistics For the Month Ending November 30, 2024 CITY OF MODESTO - Combined Portfolio
Account Summary
Description Par Value Market Value Percent
U.S. Treasury Bond / Note 251,030,000.00 243,146,980.10 55.98 Municipal Bond / Note 3,135,000.00 3,070,742.18 0.71
Federal Agency Commercial
Mortgage-Backed Security
83,849,581.25 84,311,078.04 19.41
Federal Agency Bond / Note 4,255,000.00 4,104,555.96 0.95 Corporate Note 58,470,000.00 58,265,623.36 13.42
Certificate of Deposit 3,500,000.00 3,561,533.50 0.82
Bank Note 9,635,000.00 9,780,967.44 2.25
Asset-Backed Security 27,762,242.32 28,052,453.01 6.46
Managed Account Sub-Total 441,636,823.56 434,293,933.59 100.00% Accrued Interest 2,170,717.53
Total Portfolio 441,636,823.56 436,464,651.12
Unsettled Trades 0.00 0.00
Sector Allocation

6.46%
ABS

2.25%
Bank Note

0.82%
Cert of Deposit

13.42%
Corporate Note

0.95%
Fed Agy Bond /
Note

19.41%
Federal Agency
Commercial
Mortgage-Backed
Security

0.71%
Muni Bond / Note

55.98%
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

2.69%

12.75%

22.00%

14.87%

26.08%

21.61%

0.00%
Maturity Distribution Characteristics
Yield to Maturity at Cost
Yield to Maturity at Market
Weighted Average Days to Maturity 985

3.74%

4.39%
PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 2 U.S. Bancorp Asset Management, Inc.
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Managed Account Issuer Summary For the Month Ending November 30, 2024 CITY OF MODESTO - Combined Portfolio
Credit Quality (S&P Ratings)

3.51%
A

8.60%
A+

0.46%
A0.85%
AA

77.54%
AA+

1.21%
AA6.20%
AAA

1.63%
NR
Issuer Summary
Issuer of Holdings Percent
Market Value
Adobe Inc 2,918,912.75 0.67
American Express Co 3,130,142.19 0.72
Apple Inc 5,168,961.20 1.19
BA Credit Card Trust 1,378,288.28 0.32
Bank of America Corp 10,272,404.56 2.37
Bank of New York Mellon Corp 3,320,953.02 0.76
BlackRock Inc 369,016.83 0.08
Bristol-Myers Squibb Co 2,152,806.32 0.50
Citigroup Inc 6,724,880.91 1.55
Cooperatieve Rabobank UA 3,561,533.50 0.82
Deere & Co 2,599,704.85 0.60
Eli Lilly & Co 2,923,857.10 0.67
Federal Home Loan Mortgage Corp 81,011,732.93 18.65
Federal National Mortgage Association 7,403,901.07 1.70 Fifth Third Auto Trust 2,451,827.78 0.56
GM Financial Consumer Automobile Receiv 367,151.68 0.08 Home Depot Inc 3,468,105.34 0.80
Honda Auto Receivables Owner Trust 2,242,650.66 0.52
Hyundai Auto Receivables Trust 1,215,515.14 0.28
JPMorgan Chase & Co 12,339,942.02 2.84
Kubota Credit Owner Trust 899,054.86 0.21
Mastercard Inc 2,489,351.68 0.57
Microsoft Corp 5,847,057.00 1.35
Morgan Stanley 4,069,292.00 0.94
New Jersey Turnpike Authority 487,239.15 0.11
PACCAR Inc 1,149,709.46 0.26
PepsiCo Inc 1,948,748.18 0.45
State Board of Administration Finance C 1,765,099.81 0.41 State of California 100,000.00 0.02
State Street Corp 1,893,739.50 0.44
Target Corp 347,602.64 0.08
Toyota Auto Receivables Owner Trust 1,575,542.99 0.36
PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 3 U.S. Bancorp Asset Management, Inc.
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Managed Account Issuer Summary For the Month Ending November 30, 2024 CITY OF MODESTO - Combined Portfolio
Issuer of Holdings Percent
Market Value
Toyota Motor Corp 2,871,839.60 0.66
United States Treasury 243,146,980.10 55.99
University of California Board of Regen 718,403.22 0.17 USAA Auto Owner Trust 3,042,635.49 0.70
Walmart Inc 1,207,674.34 0.28
Wells Fargo & Co 5,711,675.44 1.32
Total $434,293,933.59 100.00%
PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 4 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending November 30, 2024 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
DTD 05/15/2015 2.125% 05/15/2025
912828XB1 11,015,000.00 AA+ Aaa 05/14/24 05/15/24 10,694,446.29 5.15 10,345.58 10,867,039.23 10,901,732.76

US TREASURY N/B
DTD 07/31/2023 4.750% 07/31/2025
91282CHN4 10,805,000.00 AA+ Aaa 07/30/24 07/31/24 10,799,091.02 4.81 171,544.06 10,801,047.24 10,824,924.42

US TREASURY N/B
DTD 09/15/2022 3.500% 09/15/2025
91282CFK2 11,115,000.00 AA+ Aaa 09/16/24 09/16/24 11,061,595.90 4.00 82,748.41 11,072,733.65 11,039,195.70

US TREASURY N/B
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 0.80 468.41 1,095,034.25 1,063,167.60

US TREASURY N/B
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 1,937.50 4,534,374.49 4,397,647.80

US TREASURY N/B
DTD 11/02/2020 0.250% 10/31/2025
91282CAT8 5,010,000.00 AA+ Aaa 04/29/21 04/30/21 4,894,339.45 0.77 1,072.58 4,986,516.34 4,826,077.89

US TREASURY N/B
DTD 11/02/2020 0.250% 10/31/2025
91282CAT8 6,930,000.00 AA+ Aaa 10/04/21 10/06/21 6,783,278.91 0.78 1,483.63 6,897,022.31 6,675,592.77

US TREASURY N/B
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 43.78 4,221,469.40 4,085,746.00

US TREASURY N/B
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 47.75 4,531,175.39 4,455,866.52

US TREASURY N/B
DTD 12/31/2020 0.375% 12/31/2025
91282CBC4 500,000.00 AA+ Aaa 02/02/21 02/04/21 498,613.28 0.43 784.65 499,694.16 479,199.00

US TREASURY N/B
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 1,632.07 1,039,126.16 996,733.92

US TREASURY N/B
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 5,861.31 3,714,767.88 3,579,616.53

US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
91282CBH3 2,400,000.00 AA+ Aaa 07/02/21 07/07/21 2,353,875.00 0.80 3,008.15 2,388,226.93 2,292,751.20

US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
91282CBH3 5,000,000.00 AA+ Aaa 02/17/22 02/18/22 4,719,531.25 1.85 6,266.98 4,917,200.49 4,776,565.00 PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 5 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending November 30, 2024 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
DTD 02/01/2021 0.375% 01/31/2026
91282CBH3 5,775,000.00 AA+ Aaa 01/04/22 01/06/22 5,570,167.97 1.27 7,238.37 5,716,279.65 5,516,932.58

US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
91282CBH3 7,980,000.00 AA+ Aaa 05/03/22 05/04/22 7,256,812.50 2.95 10,002.11 7,754,796.87 7,623,397.74

US TREASURY N/B
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 20,395.03 3,280,371.55 3,141,036.36

US TREASURY N/B
DTD 03/01/2021 0.500% 02/28/2026
91282CBQ3 4,645,000.00 AA+ Aaa 04/06/22 04/07/22 4,259,973.05 2.76 5,902.49 4,522,159.36 4,432,709.57

US TREASURY N/B
DTD 03/01/2021 0.500% 02/28/2026
91282CBQ3 6,000,000.00 AA+ Aaa 12/03/21 12/07/21 5,838,281.25 1.15 7,624.31 5,952,447.98 5,725,782.00

US TREASURY N/B
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 3,168.13 2,479,717.64 2,367,430.32

US TREASURY N/B
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 6,291.55 4,917,363.07 4,701,449.33

US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
91282CCF6 1,405,000.00 AA+ Aaa 06/23/21 06/25/21 1,396,987.11 0.87 28.95 1,402,570.77 1,333,926.67

US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
91282CCF6 4,615,000.00 AA+ Aaa 04/06/22 04/07/22 4,253,551.76 2.76 95.09 4,484,735.49 4,381,545.61

US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
91282CCF6 4,800,000.00 AA+ Aaa 06/06/22 06/08/22 4,399,125.00 2.99 98.90 4,649,361.49 4,557,187.20

US TREASURY N/B
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 8,844.20 4,488,383.19 4,371,023.84

US TREASURY N/B
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 6,423.56 4,170,605.02 4,058,808.89

US TREASURY N/B
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 4,017.68 4,461,716.55 4,360,182.12

US TREASURY N/B
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 60,882.07 9,105,885.22 8,851,919.16 PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 6 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending November 30, 2024 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
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 3,875.00 880,434.53 877,083.48

US TREASURY N/B
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 2,774.59 6,129,577.79 5,942,360.88

US TREASURY N/B
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 11,602.31 5,215,915.85 5,056,130.62

US TREASURY N/B
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 7,923.91 1,168,713.19 1,143,093.60

US TREASURY N/B
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 19,710.73 2,900,216.77 2,843,445.33

US TREASURY N/B
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 37,800.41 5,359,768.83 5,380,629.46

US TREASURY N/B
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 9,590.63 2,737,467.46 2,716,061.57

US TREASURY N/B
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 11,162.57 3,201,494.39 3,161,235.56

US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
91282CAU5 8,775,000.00 AA+ Aaa 01/04/23 01/06/23 7,472,803.71 3.91 3,757.25 7,987,315.60 7,910,864.33

US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2027
91282CGC9 4,250,000.00 AA+ Aaa 06/01/23 06/05/23 4,266,933.59 3.78 68,918.14 4,261,407.36 4,220,947.00

US TREASURY N/B
DTD 01/31/2023 3.500% 01/31/2028
91282CGH8 2,220,000.00 AA+ Aaa 05/16/23 05/18/23 2,218,265.63 3.52 25,970.38 2,218,833.66 2,179,156.44

US TREASURY N/B
DTD 02/01/2021 0.750% 01/31/2028
91282CBJ9 3,450,000.00 AA+ Aaa 01/31/23 01/31/23 2,994,761.72 3.66 8,648.44 3,161,798.77 3,107,156.25

US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
91282CGP0 1,120,000.00 AA+ Aaa 03/03/23 03/06/23 1,105,343.75 4.29 11,385.64 1,110,462.57 1,115,712.64

US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
91282CGP0 2,825,000.00 AA+ Aaa 03/03/23 03/07/23 2,793,660.16 4.25 28,718.23 2,804,594.66 2,814,185.90 PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 7 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending November 30, 2024 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
DTD 03/31/2021 1.250% 03/31/2028
91282CBS9 2,555,000.00 AA+ Aaa 05/08/23 05/09/23 2,299,400.20 3.49 5,439.90 2,381,169.26 2,327,944.82

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2028
91282CGT2 2,675,000.00 AA+ Aaa 05/01/23 05/02/23 2,672,178.71 3.65 16,516.66 2,673,088.75 2,633,933.40

US TREASURY N/B
DTD 05/01/2023 3.500% 04/30/2028
91282CHA2 2,810,000.00 AA+ Aaa 05/01/23 05/01/23 2,796,937.89 3.60 8,422.24 2,801,086.86 2,754,789.12

US TREASURY N/B
DTD 05/01/2023 3.500% 04/30/2028
91282CHA2 6,530,000.00 AA+ Aaa 05/03/23 05/04/23 6,559,844.14 3.40 19,571.96 6,550,398.13 6,401,698.56

US TREASURY N/B
DTD 04/01/2024 4.125% 03/31/2029
91282CKG5 3,450,000.00 AA+ Aaa 04/09/24 04/11/24 3,411,861.33 4.37 24,240.04 3,416,335.77 3,451,348.95

US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2029
91282CKP5 4,430,000.00 AA+ Aaa 10/16/24 10/17/24 4,571,725.39 3.85 17,545.61 4,568,177.70 4,521,541.52

US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2029
91282CKP5 5,190,000.00 AA+ Aaa 05/02/24 05/03/24 5,201,961.33 4.57 20,555.70 5,200,717.59 5,297,246.16

US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
91282CKT7 1,430,000.00 AA+ Aaa 06/06/24 06/07/24 1,442,959.38 4.30 176.79 1,441,820.99 1,453,404.81

US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
91282CKT7 4,190,000.00 AA+ Aaa 06/05/24 06/06/24 4,224,698.44 4.31 517.99 4,221,636.31 4,258,577.73

US TREASURY N/B
DTD 07/01/2024 4.250% 06/30/2029
91282CKX8 2,920,000.00 AA+ Aaa 07/01/24 07/02/24 2,896,959.38 4.43 51,933.15 2,898,686.48 2,937,222.16

US TREASURY N/B
DTD 07/31/2024 4.000% 07/31/2029
91282CLC3 2,105,000.00 AA+ Aaa 08/01/24 08/02/24 2,119,636.33 3.85 28,142.93 2,118,758.45 2,096,119.01

US TREASURY N/B
DTD 09/03/2024 3.625% 08/31/2029
91282CLK5 7,550,000.00 AA+ Aaa 09/04/24 09/05/24 7,565,630.86 3.58 69,555.94 7,564,966.84 7,399,588.90

US TREASURY N/B
DTD 09/30/2024 3.500% 09/30/2029
91282CLN9 8,695,000.00 AA+ Aaa 10/02/24 10/03/24 8,670,205.66 3.56 51,835.58 8,670,972.13 8,470,156.00

US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
91282CLR0 4,850,000.00 AA+ Aaa 11/01/24 11/04/24 4,838,064.45 4.18 17,132.42 4,838,240.13 4,857,197.40 PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 8 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending November 30, 2024 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 251,030,000.00 242,823,272.13 3.07 1,011,682.44 247,435,878.59 243,146,980.10 Municipal Bond / Note

CALIFORNIA ST DEPT OF
DTD 08/06/2020 0.560% 12/01/2024
13067WRB0 100,000.00 AAA Aa1 07/30/20 08/06/20 100,000.00 0.56 280.00 100,000.00 100,000.00

UNIV OF CALIFORNIA-BG (CALLABLE)
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 86.34 220,075.11 216,505.08

UNIV OF CALIFORNIA-BG (CALLABLE)
DTD 07/16/2020 0.883% 05/15/2025
91412HGE7 510,000.00 AA Aa2 07/10/20 07/16/20 510,000.00 0.88 200.15 510,000.00 501,898.14

FLORIDA ST BRD OF ADM
DTD 09/16/2020 1.258% 07/01/2025
341271AD6 505,000.00 AA Aa2 09/03/20 09/16/20 508,570.35 1.11 2,647.04 505,434.65 495,208.56

FLORIDA ST BRD OF ADM
DTD 09/16/2020 1.258% 07/01/2025
341271AD6 1,295,000.00 AA Aa2 09/03/20 09/16/20 1,295,000.00 1.26 6,787.96 1,295,000.00 1,269,891.25

NJ TPK AUTH -B-TXBL
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 2,203.06 505,000.00 487,239.15 Security Type Sub-Total 3,135,000.00 3,139,366.75 1.08 12,204.55 3,135,509.76 3,070,742.18 Federal Agency Commercial Mortgage-Backed Security
FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 2,418,249.09 AA+ Aaa 05/19/23 05/24/23 2,343,812.36 4.29 6,744.90 2,376,101.72 2,363,163.79 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
3137BXQY1 4,000,000.00 AA+ Aaa 08/16/23 08/18/23 3,773,125.00 4.94 10,746.67 3,854,114.30 3,896,268.00 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
3137F1G44 2,275,000.00 AA+ Aaa 08/16/23 08/18/23 2,144,987.30 4.93 6,148.19 2,190,349.68 2,212,082.60 FHMS K066 A2
DTD 08/01/2017 3.117% 06/01/2027
3137F2LJ3 3,530,000.00 AA+ Aaa 08/17/23 08/22/23 3,301,101.56 4.97 9,169.18 3,377,070.02 3,417,978.98 FHMS K507 A1
DTD 09/01/2023 4.800% 04/01/2028
3137HAMR4 3,538,104.05 AA+ Aaa 09/20/23 09/28/23 3,482,580.58 5.19 14,152.42 3,494,866.68 3,554,481.94 FHMS K506 A1
DTD 09/01/2023 4.650% 05/01/2028
3137HAMG8 1,878,006.79 AA+ Aaa 09/07/23 09/14/23 1,849,921.19 5.01 7,277.28 1,856,535.14 1,883,086.80 PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 9 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending November 30, 2024 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 Commercial Mortgage-Backed Security
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 2,788,290.06 AA+ Aaa 07/19/23 07/27/23 2,788,220.35 4.78 11,099.72 2,788,239.43 2,788,923.00 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
3137HACX2 3,500,000.00 AA+ Aaa 07/13/23 07/20/23 3,534,958.00 4.59 14,055.42 3,525,287.93 3,529,736.00 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
3136BQDE6 3,344,411.05 AA+ Aaa 07/18/23 07/31/23 3,287,712.83 4.58 11,677.57 3,302,882.92 3,299,345.11 FHMS KJ47 A1
DTD 09/01/2023 5.272% 08/01/2028
3137HAMN3 2,032,520.21 AA+ Aaa 09/19/23 09/28/23 2,032,510.04 5.27 8,929.54 2,032,513.31 2,060,201.10 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
3137HAMH6 3,800,000.00 AA+ Aaa 09/07/23 09/14/23 3,743,786.60 4.99 14,725.00 3,756,283.15 3,809,819.20 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
3137HAQ74 3,850,000.00 AA+ Aaa 10/11/23 10/19/23 3,765,546.40 5.25 15,207.50 3,783,075.37 3,875,471.60 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4 2,890,000.00 AA+ Aaa 10/25/23 10/31/23 2,797,858.13 5.60 11,680.42 2,814,939.86 2,915,790.36 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
3137HAMS2 3,800,000.00 AA+ Aaa 09/20/23 09/28/23 3,754,578.60 5.07 15,200.00 3,763,693.16 3,828,116.20 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
3137HB3D4 1,465,000.00 AA+ Aaa 11/14/23 11/21/23 1,460,764.69 5.14 6,188.40 1,461,560.57 1,489,234.03 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
3137HB3G7 2,125,000.00 AA+ Aaa 11/28/23 12/07/23 2,118,894.88 4.93 8,606.25 2,120,006.01 2,148,234.75 FHMS K512 A2
DTD 12/01/2023 5.000% 11/01/2028
3137HBCF9 1,935,000.00 AA+ Aaa 12/11/23 12/21/23 1,953,069.03 4.79 8,062.50 1,949,941.52 1,967,792.45 FHMS K513 A2
DTD 01/01/2024 4.724% 12/01/2028
3137HBFY5 2,190,000.00 AA+ Aaa 01/10/24 01/18/24 2,211,875.91 4.50 8,621.30 2,208,382.07 2,201,499.69 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
3137HBLV4 2,220,000.00 AA+ Aaa 02/01/24 02/08/24 2,242,197.78 4.34 8,458.20 2,238,832.64 2,221,804.86 FHMS K518 A2
DTD 03/01/2024 5.400% 01/01/2029
3137HC2L5 2,715,000.00 AA+ Aaa 03/19/24 03/28/24 2,780,553.68 4.83 12,217.50 2,773,197.72 2,805,887.34 PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 10 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending November 30, 2024 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 Commercial Mortgage-Backed Security
FHMS K517 A2
DTD 03/01/2024 5.355% 01/01/2029
3137HC2C5 3,355,000.00 AA+ Aaa 03/05/24 03/14/24 3,455,603.03 4.67 14,971.69 3,442,288.25 3,457,142.98 FHMS K515 A2
DTD 02/01/2024 5.400% 01/01/2029
3137HBPD0 3,750,000.00 AA+ Aaa 02/14/24 02/22/24 3,851,025.00 4.79 16,875.00 3,836,720.54 3,857,047.50 FHMS K516 A2
DTD 03/01/2024 5.477% 01/01/2029
3137HBPM0 3,750,000.00 AA+ Aaa 02/29/24 03/07/24 3,862,488.75 4.79 17,115.63 3,847,292.87 3,869,013.75 FHMS K520 A2
DTD 04/01/2024 5.180% 03/01/2029
3137HCKV3 2,125,000.00 AA+ Aaa 04/23/24 04/30/24 2,133,625.38 5.09 9,172.92 2,132,828.08 2,175,273.25 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
3137HDV56 3,245,000.00 AA+ Aaa 07/16/24 07/25/24 3,264,927.54 4.58 12,763.67 3,263,931.65 3,269,324.52 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
3137HDJJ0 3,850,000.00 AA+ Aaa 06/05/24 06/13/24 3,849,988.45 4.80 15,409.63 3,850,000.00 3,883,872.30 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
3137HDXL9 3,500,000.00 AA+ Aaa 08/07/24 08/15/24 3,532,739.00 4.33 13,250.42 3,530,989.23 3,501,221.50 FHMS K530 A2
DTD 11/01/2024 4.792% 09/01/2029
3137HHJL6 3,980,000.00 AA+ Aaa 11/19/24 11/27/24 4,000,723.86 4.67 15,893.47 4,001,006.74 4,029,264.44 Security Type Sub-Total 83,849,581.25 83,319,175.92 4.84 324,420.39 83,572,930.56 84,311,078.04 Federal Agency Bond / Note

FANNIE MAE
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 0.51 680.00 2,039,853.92 1,967,871.72

FANNIE MAE
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 0.57 738.33 2,213,515.67 2,136,684.24 Security Type Sub-Total 4,255,000.00 4,246,295.10 0.54 1,418.33 4,253,369.59 4,104,555.96 Corporate Note

BRISTOL-MYERS SQUIBB CO (CALLABLE)
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 0.95 836.25 2,225,858.05 2,152,806.32 PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 11 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending November 30, 2024 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)
DTD 01/28/2021 0.750% 01/28/2026
06406RAQ0 3,465,000.00 A Aa3 02/02/21 02/04/21 3,465,831.60 0.75 8,879.06 3,465,193.30 3,320,953.02

BANK OF AMERICA CORP (CALLABLE)
DTD 03/22/2022 3.384% 04/02/2026
06051GKM0 2,025,000.00 A- A1 03/17/22 03/22/22 2,025,000.00 3.38 11,230.65 2,025,000.00 2,014,567.20

MICROSOFT CORP (CALLABLE)
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 22,600.00 3,012,552.74 2,904,453.00

BANK OF AMERICA NA (CALLABLE)
DTD 08/18/2023 5.526% 08/18/2026
06428CAA2 3,750,000.00 A+ Aa1 08/15/23 08/18/23 3,749,700.00 5.53 59,289.38 3,749,828.61 3,810,378.75

MASTERCARD INC (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 2,097.78 2,496,558.15 2,489,351.68

JP MORGAN CHASE BANK NA (CALLABLE)
DTD 12/08/2023 5.110% 12/08/2026
48125LRU8 850,000.00 AA- Aa2 06/03/24 06/04/24 849,226.50 5.15 20,872.93 849,371.89 860,023.20

JP MORGAN CHASE BANK NA (CALLABLE)
DTD 12/08/2023 5.110% 12/08/2026
48125LRU8 3,500,000.00 AA- Aa2 12/05/23 12/08/23 3,500,000.00 5.11 85,947.36 3,500,000.00 3,541,272.00

TARGET CORP (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 2,688.83 364,735.31 347,602.64

MICROSOFT CORP (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 31,625.00 2,954,780.84 2,942,604.00

HOME DEPOT INC (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 21,619.89 3,486,839.55 3,468,105.34

JPMORGAN CHASE & CO (CALLABLE)
DTD 02/24/2022 2.947% 02/24/2028
46647PCW4 1,535,000.00 A A1 09/14/23 09/18/23 1,403,557.95 5.13 12,188.71 1,439,218.60 1,477,161.20

WALMART INC (CALLABLE)
DTD 04/18/2023 3.900% 04/15/2028
931142FB4 1,220,000.00 AA Aa2 05/16/23 05/18/23 1,217,279.40 3.95 6,079.67 1,218,130.84 1,207,674.34

APPLE INC (CALLABLE)
DTD 05/10/2023 4.000% 05/10/2028
037833ET3 5,200,000.00 AA+ Aaa 05/16/23 05/18/23 5,216,380.00 3.93 12,133.33 5,211,239.17 5,168,961.20

JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
24422EXB0 495,000.00 A A1 07/13/23 07/14/23 501,732.00 4.64 9,324.56 499,873.22 503,661.02 PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 12 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending November 30, 2024 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

JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
24422EXB0 895,000.00 A A1 07/14/23 07/18/23 903,690.45 4.73 16,859.56 901,304.93 910,659.82

JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
24422EXB0 1,165,000.00 A A1 07/11/23 07/14/23 1,163,264.15 4.98 21,945.69 1,163,743.44 1,185,384.01

PACCAR FINANCIAL CORP
DTD 08/10/2023 4.950% 08/10/2028
69371RS64 1,130,000.00 A+ A1 08/17/23 08/21/23 1,122,914.90 5.09 17,246.63 1,124,736.67 1,149,709.46

TOYOTA MOTOR CREDIT CORP
DTD 09/11/2023 5.250% 09/11/2028
89236TLB9 2,800,000.00 A+ A1 09/06/23 09/11/23 2,795,128.00 5.29 32,666.67 2,796,211.41 2,871,839.60

CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
17325FBB3 5,650,000.00 A+ Aa3 09/26/23 09/29/23 5,650,000.00 5.80 56,466.41 5,650,000.00 5,884,181.20

STATE STREET CORP (CALLABLE)
DTD 08/20/2024 4.530% 02/20/2029
857477CN1 1,900,000.00 A Aa3 08/14/24 08/20/24 1,900,000.00 4.53 24,147.42 1,900,000.00 1,893,739.50

BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
09290DAA9 365,000.00 AA- Aa3 03/05/24 03/14/24 364,339.35 4.74 3,669.26 364,425.84 369,016.83

ADOBE INC (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
00724PAF6 1,295,000.00 A+ A1 04/03/24 04/05/24 1,296,709.40 4.77 9,842.00 1,296,505.85 1,314,779.83

ADOBE INC (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
00724PAF6 1,580,000.00 A+ A1 04/01/24 04/04/24 1,577,645.80 4.83 12,008.00 1,577,925.34 1,604,132.92

PEPSICO INC (CALLABLE)
DTD 07/17/2024 4.500% 07/17/2029
713448FX1 1,935,000.00 A+ A1 07/15/24 07/17/24 1,932,000.75 4.53 32,411.25 1,932,209.85 1,948,748.18

ELI LILLY & CO (CALLABLE)
DTD 08/14/2024 4.200% 08/14/2029
532457CQ9 660,000.00 A+ A1 08/12/24 08/14/24 658,554.60 4.25 8,239.00 658,634.83 654,151.08

ELI LILLY & CO (CALLABLE)
DTD 08/14/2024 4.200% 08/14/2029
532457CQ9 2,290,000.00 A+ A1 08/13/24 08/14/24 2,293,343.40 4.17 28,586.83 2,293,167.45 2,269,706.02 Security Type Sub-Total 58,470,000.00 57,948,659.85 4.20 571,502.12 58,158,045.88 58,265,623.36 Certificate of Deposit

COOPERAT RABOBANK UA/NY
DTD 07/20/2023 5.080% 07/17/2026
21684LGS5 3,500,000.00 A+ Aa2 07/17/23 07/20/23 3,500,000.00 5.08 66,181.11 3,500,000.00 3,561,533.50 PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 13 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending November 30, 2024 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
Security Type Sub-Total 3,500,000.00 3,500,000.00 5.08 66,181.11 3,500,000.00 3,561,533.50 Bank Note

WELLS FARGO BANK NA (CALLABLE)
DTD 08/09/2023 5.450% 08/07/2026
94988J6D4 5,635,000.00 A+ Aa2 08/15/23 08/17/23 5,621,645.05 5.54 97,250.71 5,627,436.35 5,711,675.44

MORGAN STANLEY BANK NA (CALLABLE)
DTD 05/30/2024 5.504% 05/26/2028
61690U8B9 1,360,000.00 A+ Aa3 05/28/24 05/30/24 1,360,000.00 5.50 1,039.64 1,360,000.00 1,383,559.28

MORGAN STANLEY BANK NA (CALLABLE)
DTD 05/30/2024 5.504% 05/26/2028
61690U8B9 2,640,000.00 A+ Aa3 05/30/24 05/31/24 2,645,570.40 5.45 2,018.13 2,644,371.05 2,685,732.72 Security Type Sub-Total 9,635,000.00 9,627,215.45 5.51 100,308.48 9,631,807.40 9,780,967.44 Asset-Backed Security
TAOT 2021-C A3
DTD 09/27/2021 0.430% 01/15/2026
89239BAC5 103,922.97 AAA Aaa 09/21/21 09/27/21 103,914.68 0.43 19.86 103,920.80 103,382.15 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
44935FAD6 68,319.35 AAA NR 11/09/21 11/17/21 68,304.10 0.75 22.47 68,314.41 67,908.61 CCCIT 2023-A1 A1
DTD 12/11/2023 5.230% 12/08/2027
17305EGW9 835,000.00 AAA Aaa 12/04/23 12/11/23 834,895.29 5.23 20,986.10 834,919.35 840,699.71 KCOT 2023-2A A3
DTD 07/26/2023 5.280% 01/18/2028
500945AC4 890,000.00 NR Aaa 07/18/23 07/26/23 889,775.19 5.29 2,088.53 889,842.83 899,054.86 BAAT 2023-1A A3
DTD 07/31/2023 5.530% 02/15/2028
06428AAC2 1,465,000.00 NR Aaa 07/25/23 07/31/23 1,464,944.48 5.53 3,600.64 1,464,960.79 1,478,656.73 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
43815QAC1 2,220,000.00 AAA NR 08/15/23 08/22/23 2,219,542.24 5.42 4,337.02 2,219,672.26 2,242,650.66 TAOT 2023-C A3
DTD 08/15/2023 5.160% 04/17/2028
89231FAD2 690,000.00 AAA NR 08/08/23 08/15/23 689,843.92 5.17 1,582.40 689,887.16 695,162.58 USAOT 2023-A A3
DTD 09/15/2023 5.580% 05/15/2028
90291VAC4 3,015,000.00 AAA Aaa 09/07/23 09/15/23 3,014,472.38 5.58 7,477.20 3,014,602.89 3,042,635.49 PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 14 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending November 30, 2024 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
Asset-Backed Security
BAAT 2023-2A A3
DTD 11/21/2023 5.740% 06/15/2028
06054YAC1 2,925,000.00 NR Aaa 11/15/23 11/21/23 2,924,947.06 5.76 7,462.00 2,922,729.55 2,968,801.88 TAOT 2023-D A3
DTD 11/14/2023 5.540% 08/15/2028
89239FAD4 765,000.00 AAA NR 11/07/23 11/14/23 764,917.53 5.54 1,883.60 764,936.07 776,998.26 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 2,425,000.00 AAA Aaa 08/15/23 08/23/23 2,424,849.65 5.53 5,960.11 2,424,888.07 2,451,827.78 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
161571HT4 3,020,000.00 AAA NR 09/07/23 09/15/23 3,019,162.86 5.17 6,925.87 3,019,346.57 3,057,451.02 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
02582JKD1 3,090,000.00 AAA NR 09/12/23 09/19/23 3,089,861.88 5.24 7,182.53 3,088,495.24 3,130,142.19 HART 2023-C A3
DTD 11/13/2023 5.540% 10/16/2028
44918CAD4 1,130,000.00 AAA NR 11/03/23 11/13/23 1,129,851.41 5.54 2,782.31 1,129,882.03 1,147,606.53 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
05522RDH8 1,365,000.00 NR Aaa 12/07/23 12/14/23 1,364,816.68 4.98 3,021.20 1,364,853.26 1,378,288.28 GMCAR 2024-1 A3
DTD 01/17/2024 4.850% 12/18/2028
36268GAD7 365,000.00 NR Aaa 01/09/24 01/17/24 364,926.60 4.85 737.60 364,938.42 367,151.68 CHAIT 2024-A1 A
DTD 01/31/2024 4.600% 01/16/2029
161571HV9 3,390,000.00 AAA NR 01/24/24 01/31/24 3,389,483.70 4.60 6,930.67 3,389,567.72 3,404,034.60 Security Type Sub-Total 27,762,242.32 27,758,509.65 5.28 83,000.11 27,755,757.42 28,052,453.01 Managed Account Sub-Total 441,636,823.56 432,362,494.85 3.74 2,170,717.53 437,443,299.20 434,293,933.59 $441,636,823.56 $432,362,494.85 3.74% $2,170,717.53 $437,443,299.20 $434,293,933.59 $436,464,651.12
$2,170,717.53
Total Investments
Accrued Interest
Securities Sub-Total
PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 15 U.S. Bancorp Asset Management, Inc.
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Managed Account Fair Market Value & Analytics For the Month Ending November 30, 2024 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 912828XB1 11,015,000.00 MorganSt 98.97 10,901,732.76 207,286.47 34,693.53 DTD 05/15/2015 2.125% 05/15/2025

0.45 5.02
US TREASURY N/B 91282CHN4 10,805,000.00 WellsFar 100.18 10,824,924.42 25,833.40 23,877.18 DTD 07/31/2023 4.750% 07/31/2025

0.64 4.46
US TREASURY N/B 91282CFK2 11,115,000.00 Nomura 99.32 11,039,195.70 (22,400.20) (33,537.95) DTD 09/15/2022 3.500% 09/15/2025

0.77 4.43
US TREASURY N/B 91282CAM3 1,100,000.00 BNPPSA 96.65 1,063,167.60 (12,855.84) (31,866.65) DTD 09/30/2020 0.250% 09/30/2025

0.82 4.35
US TREASURY N/B 91282CAM3 4,550,000.00 HSBC 96.65 4,397,647.80 (75,926.42) (136,726.69) DTD 09/30/2020 0.250% 09/30/2025

0.82 4.35
US TREASURY N/B 91282CAT8 5,010,000.00 HSBC 96.33 4,826,077.89 (68,261.56) (160,438.45) DTD 11/02/2020 0.250% 10/31/2025

0.90 4.44
US TREASURY N/B 91282CAT8 6,930,000.00 TD Secur 96.33 6,675,592.77 (107,686.14) (221,429.54) DTD 11/02/2020 0.250% 10/31/2025

0.90 4.44
US TREASURY N/B 91282CAZ4 4,250,000.00 WellsFar 96.14 4,085,746.00 (47,545.02) (135,723.40) DTD 11/30/2020 0.375% 11/30/2025

0.98 4.38
US TREASURY N/B 91282CAZ4 4,635,000.00 WellsFar 96.14 4,455,866.52 201,081.36 (75,308.87) DTD 11/30/2020 0.375% 11/30/2025

0.98 4.38
US TREASURY N/B 91282CBC4 500,000.00 HSBC 95.84 479,199.00 (19,414.28) (20,495.16) DTD 12/31/2020 0.375% 12/31/2025

1.06 4.35
US TREASURY N/B 91282CBC4 1,040,000.00 Citigrou 95.84 996,733.92 (39,244.21) (42,392.24) DTD 12/31/2020 0.375% 12/31/2025

1.06 4.35
US TREASURY N/B 91282CBC4 3,735,000.00 JPMorgan 95.84 3,579,616.53 (66,823.12) (135,151.35) DTD 12/31/2020 0.375% 12/31/2025

1.06 4.35
US TREASURY N/B 91282CBH3 2,400,000.00 BNPPSA 95.53 2,292,751.20 (61,123.80) (95,475.73) DTD 02/01/2021 0.375% 01/31/2026

1.15 4.37
US TREASURY N/B 91282CBH3 5,000,000.00 Nomura 95.53 4,776,565.00 57,033.75 (140,635.49) DTD 02/01/2021 0.375% 01/31/2026

1.15 4.37
US TREASURY N/B 91282CBH3 5,775,000.00 MorganSt 95.53 5,516,932.58 (53,235.39) (199,347.07) DTD 02/01/2021 0.375% 01/31/2026

1.15 4.37
US TREASURY N/B 91282CBH3 7,980,000.00 JPMorgan 95.53 7,623,397.74 366,585.24 (131,399.13) DTD 02/01/2021 0.375% 01/31/2026

1.15 4.37
US TREASURY N/B 9128286F2 3,210,000.00 GoldmanS 97.85 3,141,036.36 (351,844.89) (139,335.19) DTD 02/28/2019 2.500% 02/28/2026

1.20 4.29
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Managed Account Fair Market Value & Analytics For the Month Ending November 30, 2024 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 91282CBQ3 4,645,000.00 Nomura 95.43 4,432,709.57 172,736.52 (89,449.79) DTD 03/01/2021 0.500% 02/28/2026

1.22 4.31
US TREASURY N/B 91282CBQ3 6,000,000.00 WellsFar 95.43 5,725,782.00 (112,499.25) (226,665.98) DTD 03/01/2021 0.500% 02/28/2026

1.22 4.31
US TREASURY N/B 91282CBT7 2,480,000.00 WellsFar 95.46 2,367,430.32 (111,600.93) (112,287.32) DTD 03/31/2021 0.750% 03/31/2026

1.30 4.30
US TREASURY N/B 91282CBT7 4,925,000.00 MorganSt 95.46 4,701,449.33 (195,270.40) (215,913.74) DTD 03/31/2021 0.750% 03/31/2026

1.30 4.30
US TREASURY N/B 91282CCF6 1,405,000.00 BOFAML 94.94 1,333,926.67 (63,060.44) (68,644.10) DTD 06/01/2021 0.750% 05/31/2026

1.46 4.27
US TREASURY N/B 91282CCF6 4,615,000.00 Nomura 94.94 4,381,545.61 127,993.85 (103,189.88) DTD 06/01/2021 0.750% 05/31/2026

1.46 4.27
US TREASURY N/B 91282CCF6 4,800,000.00 Citigrou 94.94 4,557,187.20 158,062.20 (92,174.29) DTD 06/01/2021 0.750% 05/31/2026

1.46 4.27
US TREASURY N/B 91282CCW9 4,640,000.00 RBC Capi 94.20 4,371,023.84 112,917.59 (117,359.35) DTD 08/31/2021 0.750% 08/31/2026

1.71 4.23
US TREASURY N/B 91282CCZ2 4,310,000.00 RBC Capi 94.17 4,058,808.89 90,410.06 (111,796.13) DTD 09/30/2021 0.875% 09/30/2026

1.78 4.22
US TREASURY N/B 912828U24 4,545,000.00 RBC Capi 95.93 4,360,182.12 4,261.22 (101,534.43) DTD 11/15/2016 2.000% 11/15/2026

1.89 4.19
US TREASURY N/B 912828V98 9,220,000.00 JPMorgan 96.01 8,851,919.16 (129,657.40) (253,966.06) DTD 02/15/2017 2.250% 02/15/2027

2.11 4.16
US TREASURY N/B 91282CEF4 910,000.00 Barclays 96.38 877,083.48 22,110.04 (3,351.05) DTD 03/31/2022 2.500% 03/31/2027

2.22 4.14
US TREASURY N/B 912828ZN3 6,480,000.00 Nomura 91.70 5,942,360.88 150,860.88 (187,216.91) DTD 04/30/2020 0.500% 04/30/2027

2.35 4.15
US TREASURY N/B 912828ZV5 5,545,000.00 WellsFar 91.18 5,056,130.62 135,376.32 (159,785.23) DTD 06/30/2020 0.500% 06/30/2027

2.50 4.14
US TREASURY N/B 9128282R0 1,200,000.00 BNPPSA 95.26 1,143,093.60 468.60 (25,619.59) DTD 08/15/2017 2.250% 08/15/2027

2.57 4.17
US TREASURY N/B 9128282R0 2,985,000.00 HSBC 95.26 2,843,445.33 13,408.81 (56,771.44) DTD 08/15/2017 2.250% 08/15/2027

2.57 4.17
US TREASURY N/B 91282CFM8 5,380,000.00 BOFAML 100.01 5,380,629.46 35,725.55 20,860.63 DTD 09/30/2022 4.125% 09/30/2027

2.63 4.12
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Managed Account Fair Market Value & Analytics For the Month Ending November 30, 2024 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 91282CFU0 2,715,000.00 Nomura 100.04 2,716,061.57 (36,693.90) (21,405.89) DTD 10/31/2022 4.125% 10/31/2027

2.71 4.11
US TREASURY N/B 91282CFU0 3,160,000.00 JPMorgan 100.04 3,161,235.56 (68,259.75) (40,258.83) DTD 10/31/2022 4.125% 10/31/2027

2.71 4.11
US TREASURY N/B 91282CAU5 8,775,000.00 WellsFar 90.15 7,910,864.33 438,060.62 (76,451.27) DTD 11/02/2020 0.500% 10/31/2027

2.84 4.17
US TREASURY N/B 91282CGC9 4,250,000.00 Nomura 99.32 4,220,947.00 (45,986.59) (40,460.36) DTD 01/03/2023 3.875% 12/31/2027

2.83 4.11
US TREASURY N/B 91282CGH8 2,220,000.00 BNPPSA 98.16 2,179,156.44 (39,109.19) (39,677.22) DTD 01/31/2023 3.500% 01/31/2028

2.93 4.12
US TREASURY N/B 91282CBJ9 3,450,000.00 HSBC 90.06 3,107,156.25 112,394.53 (54,642.52) DTD 02/01/2021 0.750% 01/31/2028

3.06 4.13
US TREASURY N/B 91282CGP0 1,120,000.00 JPMorgan 99.62 1,115,712.64 10,368.89 5,250.07 DTD 02/28/2023 4.000% 02/29/2028

2.98 4.13
US TREASURY N/B 91282CGP0 2,825,000.00 TD Secur 99.62 2,814,185.90 20,525.74 9,591.24 DTD 02/28/2023 4.000% 02/29/2028

2.98 4.13
US TREASURY N/B 91282CBS9 2,555,000.00 BNPPSA 91.11 2,327,944.82 28,544.62 (53,224.44) DTD 03/31/2021 1.250% 03/31/2028

3.20 4.17
US TREASURY N/B 91282CGT2 2,675,000.00 RBS 98.46 2,633,933.40 (38,245.31) (39,155.35) DTD 03/31/2023 3.625% 03/31/2028

3.08 4.12
US TREASURY N/B 91282CHA2 2,810,000.00 Barclays 98.04 2,754,789.12 (42,148.77) (46,297.74) DTD 05/01/2023 3.500% 04/30/2028

3.17 4.12
US TREASURY N/B 91282CHA2 6,530,000.00 GoldmanS 98.04 6,401,698.56 (158,145.58) (148,699.57) DTD 05/01/2023 3.500% 04/30/2028

3.17 4.12
US TREASURY N/B 91282CKG5 3,450,000.00 BMO 100.04 3,451,348.95 39,487.62 35,013.18 DTD 04/01/2024 4.125% 03/31/2029

3.91 4.15
US TREASURY N/B 91282CKP5 4,430,000.00 JPMorgan 102.07 4,521,541.52 (50,183.87) (46,636.18) DTD 04/30/2024 4.625% 04/30/2029

3.95 4.11
US TREASURY N/B 91282CKP5 5,190,000.00 GoldmanS 102.07 5,297,246.16 95,284.83 96,528.57 DTD 04/30/2024 4.625% 04/30/2029

3.95 4.11
US TREASURY N/B 91282CKT7 1,430,000.00 JPMorgan 101.64 1,453,404.81 10,445.43 11,583.82 DTD 05/31/2024 4.500% 05/31/2029

3.96 4.14
US TREASURY N/B 91282CKT7 4,190,000.00 JPMorgan 101.64 4,258,577.73 33,879.29 36,941.42 DTD 05/31/2024 4.500% 05/31/2029

3.96 4.14
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Managed Account Fair Market Value & Analytics For the Month Ending November 30, 2024 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 91282CKX8 2,920,000.00 Citigrou 100.59 2,937,222.16 40,262.78 38,535.68 DTD 07/01/2024 4.250% 06/30/2029

4.06 4.14
US TREASURY N/B 91282CLC3 2,105,000.00 Citigrou 99.58 2,096,119.01 (23,517.32) (22,639.44) DTD 07/31/2024 4.000% 07/31/2029

4.15 4.10
US TREASURY N/B 91282CLK5 7,550,000.00 Citigrou 98.01 7,399,588.90 (166,041.96) (165,377.94) DTD 09/03/2024 3.625% 08/31/2029

4.27 4.09
US TREASURY N/B 91282CLN9 8,695,000.00 TD Secur 97.41 8,470,156.00 (200,049.66) (200,816.13) DTD 09/30/2024 3.500% 09/30/2029

4.36 4.09
US TREASURY N/B 91282CLR0 4,850,000.00 HSBC 100.15 4,857,197.40 19,132.95 18,957.27 DTD 10/31/2024 4.125% 10/31/2029

4.39 4.09
Security Type Sub-Total 251,030,000.00 243,146,980.10 323,707.97 (4,288,898.49) 2.12 4.27 Municipal Bond / Note
CALIFORNIA ST DEPT OF 13067WRB0 100,000.00 MorganSt 100.00 100,000.00 0.00 0.00 DTD 08/06/2020 0.560% 12/01/2024

0.01 0.00
UNIV OF CALIFORNIA-BG (CALLABLE) 91412HGE7 220,000.00 JPMorgan 04/15/25 98.41 216,505.08 (4,291.32) (3,570.03) DTD 07/16/2020 0.883% 05/15/2025

0.45 4.47
UNIV OF CALIFORNIA-BG (CALLABLE) 91412HGE7 510,000.00 JPMorgan 04/15/25 98.41 501,898.14 (8,101.86) (8,101.86) DTD 07/16/2020 0.883% 05/15/2025

0.45 4.47
FLORIDA ST BRD OF ADM 341271AD6 505,000.00 BOFAML 98.06 495,208.56 (13,361.79) (10,226.09) DTD 09/16/2020 1.258% 07/01/2025

0.58 4.70
FLORIDA ST BRD OF ADM 341271AD6 1,295,000.00 BOFAML 98.06 1,269,891.25 (25,108.75) (25,108.75) DTD 09/16/2020 1.258% 07/01/2025

0.58 4.70
NJ TPK AUTH -B-TXBL 646140DP5 505,000.00 Citigrou 96.48 487,239.15 (17,760.85) (17,760.85) DTD 02/04/2021 1.047% 01/01/2026

1.06 4.44
Security Type Sub-Total 3,135,000.00 3,070,742.18 (68,624.57) (64,767.58) 0.61 4.45 Federal Agency Commercial Mortgage-Backed Security
FHMS K061 A2 3137BTUM1 2,418,249.09 Citigrou 97.72 2,363,163.79 19,351.43 (12,937.93) DTD 01/01/2017 3.347% 11/01/2026

1.78 4.56
FHMS K064 A2 3137BXQY1 4,000,000.00 MorganSt 97.41 3,896,268.00 123,143.00 42,153.70 DTD 05/01/2017 3.224% 03/01/2027

2.04 4.47
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Managed Account Fair Market Value & Analytics For the Month Ending November 30, 2024 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 Commercial Mortgage-Backed Security
FHMS K065 A2 3137F1G44 2,275,000.00 Citigrou 97.23 2,212,082.60 67,095.30 21,732.92 DTD 07/01/2017 3.243% 04/01/2027

2.19 4.49
FHMS K066 A2 3137F2LJ3 3,530,000.00 CantorFi 96.83 3,417,978.98 116,877.42 40,908.96 DTD 08/01/2017 3.117% 06/01/2027

2.29 4.49
FHMS K507 A1 3137HAMR4 3,538,104.05 BOFAML 100.46 3,554,481.94 71,901.36 59,615.26 DTD 09/01/2023 4.800% 04/01/2028

2.68 4.60
FHMS K506 A1 3137HAMG8 1,878,006.79 WellsFar 100.27 1,883,086.80 33,165.61 26,551.66 DTD 09/01/2023 4.650% 05/01/2028

2.87 4.54
FHMS KJ46 A1 3137HAD45 2,788,290.06 JPMorgan 100.02 2,788,923.00 702.65 683.57 DTD 07/01/2023 4.777% 06/01/2028

2.35 4.72
FHMS K505 A2 3137HACX2 3,500,000.00 JPMorgan 100.85 3,529,736.00 (5,222.00) 4,448.07 DTD 07/01/2023 4.819% 06/01/2028

3.13 4.54
FNA 2023-M6 A2 3136BQDE6 3,344,411.05 JPMorgan 98.65 3,299,345.11 11,632.28 (3,537.81) DTD 07/01/2023 4.190% 07/01/2028

3.26 4.59
FHMS KJ47 A1 3137HAMN3 2,032,520.21 JPMorgan 101.36 2,060,201.10 27,691.06 27,687.79 DTD 09/01/2023 5.272% 08/01/2028

2.59 4.71
FHMS K506 A2 3137HAMH6 3,800,000.00 WellsFar 100.26 3,809,819.20 66,032.60 53,536.05 DTD 09/01/2023 4.650% 08/01/2028

3.27 4.56
FHMS K508 A2 3137HAQ74 3,850,000.00 BMO 100.66 3,875,471.60 109,925.20 92,396.23 DTD 10/01/2023 4.740% 08/01/2028

3.29 4.53
FHMS K509 A2 3137HAST4 2,890,000.00 MorganSt 100.89 2,915,790.36 117,932.23 100,850.50 DTD 10/01/2023 4.850% 09/01/2028

3.36 4.58
FHMS K507 A2 3137HAMS2 3,800,000.00 BOFAML 100.74 3,828,116.20 73,537.60 64,423.04 DTD 09/01/2023 4.800% 09/01/2028

3.32 4.57
FHMS K510 A2 3137HB3D4 1,465,000.00 JPMorgan 101.65 1,489,234.03 28,469.34 27,673.46 DTD 11/01/2023 5.069% 10/01/2028

3.39 4.58
FHMS K511 A2 3137HB3G7 2,125,000.00 BOFAML 101.09 2,148,234.75 29,339.87 28,228.74 DTD 12/01/2023 4.860% 10/01/2028

3.43 4.54
FHMS K512 A2 3137HBCF9 1,935,000.00 JPMorgan 101.69 1,967,792.45 14,723.42 17,850.93 DTD 12/01/2023 5.000% 11/01/2028

3.44 4.51
FHMS K513 A2 3137HBFY5 2,190,000.00 BMO 100.53 2,201,499.69 (10,376.22) (6,882.38) DTD 01/01/2024 4.724% 12/01/2028

3.56 4.58
FHMS K514 A2 3137HBLV4 2,220,000.00 JPMorgan 100.08 2,221,804.86 (20,392.92) (17,027.78) DTD 02/01/2024 4.572% 12/01/2028

3.52 4.55
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Managed Account Fair Market Value & Analytics For the Month Ending November 30, 2024 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 Commercial Mortgage-Backed Security
FHMS K518 A2 3137HC2L5 2,715,000.00 JPMorgan 103.35 2,805,887.34 25,333.66 32,689.62 DTD 03/01/2024 5.400% 01/01/2029

3.63 4.49
FHMS K517 A2 3137HC2C5 3,355,000.00 BOFAML 103.04 3,457,142.98 1,539.95 14,854.73 DTD 03/01/2024 5.355% 01/01/2029

3.64 4.53
FHMS K515 A2 3137HBPD0 3,750,000.00 WellsFar 102.85 3,857,047.50 6,022.50 20,326.96 DTD 02/01/2024 5.400% 01/01/2029

3.54 4.60
FHMS K516 A2 3137HBPM0 3,750,000.00 MorganSt 103.17 3,869,013.75 6,525.00 21,720.88 DTD 03/01/2024 5.477% 01/01/2029

3.58 4.60
FHMS K520 A2 3137HCKV3 2,125,000.00 BOFAML 102.37 2,175,273.25 41,647.87 42,445.17 DTD 04/01/2024 5.180% 03/01/2029

3.75 4.56
FHMS K524 A2 3137HDV56 3,245,000.00 PIER 100.75 3,269,324.52 4,396.98 5,392.87 DTD 07/01/2024 4.720% 05/01/2029

3.92 4.54
FHMS K522 A2 3137HDJJ0 3,850,000.00 MorganSt 100.88 3,883,872.30 33,883.85 33,872.30 DTD 06/01/2024 4.803% 05/01/2029

3.82 4.58
FHMS K526 A2 3137HDXL9 3,500,000.00 BMO 100.03 3,501,221.50 (31,517.50) (29,767.73) DTD 08/01/2024 4.543% 07/01/2029

4.07 4.54
FHMS K530 A2 3137HHJL6 3,980,000.00 JPMorgan 101.24 4,029,264.44 28,540.58 28,257.70 DTD 11/01/2024 4.792% 09/01/2029

4.19 4.51
Security Type Sub-Total 83,849,581.25 84,311,078.04 991,902.12 738,147.48 3.24 4.56 Federal Agency Bond / Note
FANNIE MAE 3135G06G3 2,040,000.00 Nomura 96.46 1,967,871.72 (71,353.08) (71,982.20) DTD 11/12/2020 0.500% 11/07/2025

0.92 4.41
FANNIE MAE 3135G06G3 2,215,000.00 Barclays 96.46 2,136,684.24 (70,386.06) (76,831.43) DTD 11/12/2020 0.500% 11/07/2025

0.92 4.41
Security Type Sub-Total 4,255,000.00 4,104,555.96 (141,739.14) (148,813.63) 0.92 4.41 Corporate Note
BRISTOL-MYERS SQUIBB CO (CALLABLE) 110122DN5 2,230,000.00 BOFAML 10/13/25 96.54 2,152,806.32 (58,082.58) (73,051.73) DTD 11/13/2020 0.750% 11/13/2025

0.93 4.51
BANK OF NY MELLON CORP (CALLABLE) 06406RAQ0 3,465,000.00 US_BANC 12/28/25 95.84 3,320,953.02 (144,878.58) (144,240.28) DTD 01/28/2021 0.750% 01/28/2026

1.13 4.47
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Managed Account Fair Market Value & Analytics For the Month Ending November 30, 2024 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
BANK OF AMERICA CORP (CALLABLE) 06051GKM0 2,025,000.00 BOFAML 04/02/25 99.48 2,014,567.20 (10,432.80) (10,432.80) DTD 03/22/2022 3.384% 04/02/2026

0.33 5.69
MICROSOFT CORP (CALLABLE) 594918BR4 3,000,000.00 TD Secur 05/08/26 96.82 2,904,453.00 (128,697.00) (108,099.74) DTD 08/08/2016 2.400% 08/08/2026

1.60 4.38
BANK OF AMERICA NA (CALLABLE) 06428CAA2 3,750,000.00 BOFAML 07/17/26 101.61 3,810,378.75 60,678.75 60,550.14 DTD 08/18/2023 5.526% 08/18/2026

1.54 4.53
MASTERCARD INC (CALLABLE) 57636QAG9 2,560,000.00 CSFirstB 08/21/26 97.24 2,489,351.68 55,252.48 (7,206.47) DTD 11/21/2016 2.950% 11/21/2026

1.84 4.43
JP MORGAN CHASE BANK NA (CALLABLE) 48125LRU8 850,000.00 Citigrou 11/08/26 101.18 860,023.20 10,796.70 10,651.31 DTD 12/08/2023 5.110% 12/08/2026

1.81 4.49
JP MORGAN CHASE BANK NA (CALLABLE) 48125LRU8 3,500,000.00 JPMorgan 11/08/26 101.18 3,541,272.00 41,272.00 41,272.00 DTD 12/08/2023 5.110% 12/08/2026

1.81 4.49
TARGET CORP (CALLABLE) 87612EBM7 365,000.00 Citigrou 12/15/26 95.23 347,602.64 (16,776.86) (17,132.67) DTD 01/24/2022 1.950% 01/15/2027

2.02 4.32
MICROSOFT CORP (CALLABLE) 594918BY9 3,000,000.00 GoldmanS 11/06/26 98.09 2,942,604.00 28,434.00 (12,176.84) DTD 02/06/2017 3.300% 02/06/2027

1.99 4.23
HOME DEPOT INC (CALLABLE) 437076BT8 3,610,000.00 TD Secur 06/14/27 96.07 3,468,105.34 62,431.34 (18,734.21) DTD 09/14/2017 2.800% 09/14/2027

2.58 4.36
JPMORGAN CHASE & CO (CALLABLE) 46647PCW4 1,535,000.00 BOFAML 02/24/27 96.23 1,477,161.20 73,603.25 37,942.60 DTD 02/24/2022 2.947% 02/24/2028

2.12 5.10
WALMART INC (CALLABLE) 931142FB4 1,220,000.00 Barclays 03/15/28 98.99 1,207,674.34 (9,605.06) (10,456.50) DTD 04/18/2023 3.900% 04/15/2028

3.07 4.22
APPLE INC (CALLABLE) 037833ET3 5,200,000.00 HSBC 04/10/28 99.40 5,168,961.20 (47,418.80) (42,277.97) DTD 05/10/2023 4.000% 05/10/2028

3.14 4.19
JOHN DEERE CAPITAL CORP 24422EXB0 495,000.00 SBSC 101.75 503,661.02 1,929.02 3,787.80 DTD 07/14/2023 4.950% 07/14/2028

3.23 4.47
JOHN DEERE CAPITAL CORP 24422EXB0 895,000.00 TD Secur 101.75 910,659.82 6,969.37 9,354.89 DTD 07/14/2023 4.950% 07/14/2028

3.23 4.47
JOHN DEERE CAPITAL CORP 24422EXB0 1,165,000.00 Citigrou 101.75 1,185,384.01 22,119.86 21,640.57 DTD 07/14/2023 4.950% 07/14/2028

3.23 4.47
PACCAR FINANCIAL CORP 69371RS64 1,130,000.00 TD Secur 101.74 1,149,709.46 26,794.56 24,972.79 DTD 08/10/2023 4.950% 08/10/2028

3.30 4.48
TOYOTA MOTOR CREDIT CORP 89236TLB9 2,800,000.00 BOFAML 102.57 2,871,839.60 76,711.60 75,628.19 DTD 09/11/2023 5.250% 09/11/2028

3.37 4.55
PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 22 U.S. Bancorp Asset Management, Inc.
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Managed Account Fair Market Value & Analytics For the Month Ending November 30, 2024 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
CITIBANK NA (CALLABLE) 17325FBB3 5,650,000.00 Citigrou 08/29/28 104.14 5,884,181.20 234,181.20 234,181.20 DTD 09/29/2023 5.803% 09/29/2028

3.34 4.61
STATE STREET CORP (CALLABLE) 857477CN1 1,900,000.00 HSBC 02/20/28 99.67 1,893,739.50 (6,260.50) (6,260.50) DTD 08/20/2024 4.530% 02/20/2029

2.93 4.86
BLACKROCK FUNDING INC (CALLABLE) 09290DAA9 365,000.00 Citigrou 02/14/29 101.10 369,016.83 4,677.48 4,590.99 DTD 03/14/2024 4.700% 03/14/2029

3.77 4.41
ADOBE INC (CALLABLE) 00724PAF6 1,295,000.00 TD Secur 03/04/29 101.53 1,314,779.83 18,070.43 18,273.98 DTD 04/04/2024 4.800% 04/04/2029

3.82 4.41
ADOBE INC (CALLABLE) 00724PAF6 1,580,000.00 BOFAML 03/04/29 101.53 1,604,132.92 26,487.12 26,207.58 DTD 04/04/2024 4.800% 04/04/2029

3.82 4.41
PEPSICO INC (CALLABLE) 713448FX1 1,935,000.00 Citigrou 06/17/29 100.71 1,948,748.18 16,747.43 16,538.33 DTD 07/17/2024 4.500% 07/17/2029

4.03 4.33
ELI LILLY & CO (CALLABLE) 532457CQ9 660,000.00 MorganSt 07/14/29 99.11 654,151.08 (4,403.52) (4,483.75) DTD 08/14/2024 4.200% 08/14/2029

4.13 4.41
ELI LILLY & CO (CALLABLE) 532457CQ9 2,290,000.00 JPMorgan 07/14/29 99.11 2,269,706.02 (23,637.38) (23,461.43) DTD 08/14/2024 4.200% 08/14/2029

4.13 4.41
Security Type Sub-Total 58,470,000.00 58,265,623.36 316,963.51 107,577.48 2.53 4.50 Certificate of Deposit
COOPERAT RABOBANK UA/NY 21684LGS5 3,500,000.00 RABO UA 101.76 3,561,533.50 61,533.50 61,533.50 DTD 07/20/2023 5.080% 07/17/2026

1.54 3.91
Security Type Sub-Total 3,500,000.00 3,561,533.50 61,533.50 61,533.50 1.54 3.91 Bank Note
WELLS FARGO BANK NA (CALLABLE) 94988J6D4 5,635,000.00 WellsFar 07/07/26 101.36 5,711,675.44 90,030.39 84,239.09 DTD 08/09/2023 5.450% 08/07/2026

1.52 4.60
MORGAN STANLEY BANK NA (CALLABLE) 61690U8B9 1,360,000.00 MorganSt 05/26/27 101.73 1,383,559.28 23,559.28 23,559.28 DTD 05/30/2024 5.504% 05/26/2028

2.31 4.95
MORGAN STANLEY BANK NA (CALLABLE) 61690U8B9 2,640,000.00 MorganSt 05/26/27 101.73 2,685,732.72 40,162.32 41,361.67 DTD 05/30/2024 5.504% 05/26/2028

2.31 4.95
Security Type Sub-Total 9,635,000.00 9,780,967.44 153,751.99 149,160.04 1.85 4.75 PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 23 U.S. Bancorp Asset Management, Inc.
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Managed Account Fair Market Value & Analytics For the Month Ending November 30, 2024 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 2021-C A3 89239BAC5 103,922.97 Barclays 99.48 103,382.15 (532.53) (538.65) DTD 09/27/2021 0.430% 01/15/2026

0.12 4.89
HART 2021-C A3 44935FAD6 68,319.35 SMBC 99.40 67,908.61 (395.49) (405.80) DTD 11/17/2021 0.740% 05/15/2026

0.15 4.85
CCCIT 2023-A1 A1 17305EGW9 835,000.00 Citigrou 100.68 840,699.71 5,804.42 5,780.36 DTD 12/11/2023 5.230% 12/08/2027

0.96 4.54
KCOT 2023-2A A3 500945AC4 890,000.00 JPMorgan 101.02 899,054.86 9,279.67 9,212.03 DTD 07/26/2023 5.280% 01/18/2028

1.42 4.63
BAAT 2023-1A A3 06428AAC2 1,465,000.00 BOFAML 100.93 1,478,656.73 13,712.25 13,695.94 DTD 07/31/2023 5.530% 02/15/2028

1.10 4.74
HAROT 2023-3 A3 43815QAC1 2,220,000.00 BOFAML 101.02 2,242,650.66 23,108.42 22,978.40 DTD 08/22/2023 5.410% 02/18/2028

1.11 4.55
TAOT 2023-C A3 89231FAD2 690,000.00 BNPPSA 100.75 695,162.58 5,318.66 5,275.42 DTD 08/15/2023 5.160% 04/17/2028

1.19 4.58
USAOT 2023-A A3 90291VAC4 3,015,000.00 JPMorgan 100.92 3,042,635.49 28,163.11 28,032.60 DTD 09/15/2023 5.580% 05/15/2028

1.02 4.75
BAAT 2023-2A A3 06054YAC1 2,925,000.00 BOFAML 101.50 2,968,801.88 43,854.82 46,072.33 DTD 11/21/2023 5.740% 06/15/2028

1.36 4.71
TAOT 2023-D A3 89239FAD4 765,000.00 JPMorgan 101.57 776,998.26 12,080.73 12,062.19 DTD 11/14/2023 5.540% 08/15/2028

1.49 4.56
FITAT 2023-1 A3 31680EAD3 2,425,000.00 JPMorgan 101.11 2,451,827.78 26,978.13 26,939.71 DTD 08/23/2023 5.530% 08/15/2028

1.20 4.68
CHAIT 2023-A1 A 161571HT4 3,020,000.00 JPMorgan 101.24 3,057,451.02 38,288.16 38,104.45 DTD 09/15/2023 5.160% 09/15/2028

1.68 4.48
AMXCA 2023-3 A 02582JKD1 3,090,000.00 Citigrou 101.30 3,130,142.19 40,280.31 41,646.95 DTD 09/19/2023 5.230% 09/15/2028

1.67 4.51
HART 2023-C A3 44918CAD4 1,130,000.00 BNPPSA 101.56 1,147,606.53 17,755.12 17,724.50 DTD 11/13/2023 5.540% 10/16/2028

1.48 4.56
BACCT 2023-A2 A2 05522RDH8 1,365,000.00 BOFAML 100.97 1,378,288.28 13,471.60 13,435.02 DTD 12/14/2023 4.980% 11/15/2028

1.83 4.50
GMCAR 2024-1 A3 36268GAD7 365,000.00 Barclays 100.59 367,151.68 2,225.08 2,213.26 DTD 01/17/2024 4.850% 12/18/2028

1.49 4.50
CHAIT 2024-A1 A 161571HV9 3,390,000.00 JPMorgan 100.41 3,404,034.60 14,550.90 14,466.88 DTD 01/31/2024 4.600% 01/16/2029

1.98 4.44
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Managed Account Fair Market Value & Analytics For the Month Ending November 30, 2024 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
Security Type Sub-Total 27,762,242.32 28,052,453.01 293,943.36 296,695.59 1.43 4.59 Managed Account Sub-Total 441,636,823.56 434,293,933.59 1,931,438.74 (3,149,365.61) 2.31 4.39 Total Investments $436,464,651.12
$2,170,717.53
$434,293,933.59
Accrued Interest
Securities Sub-Total $441,636,823.56 $1,931,438.74 ($3,149,365.61) 2.31 4.39% PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 25 U.S. Bancorp Asset Management, Inc.
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Managed Account Security Transactions & Interest For the Month Ending November 30, 2024 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
11/04/24 US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
11/01/24 91282CLR0 4,850,000.00 (4,838,064.45) (2,210.64) (4,840,275.09) 11/20/24 TREASURY BILL
DTD 07/30/2024 0.000% 11/26/2024
11/19/24 912797MD6 4,015,000.00 (4,012,001.80) 0.00 (4,012,001.80) 11/27/24 FHMS K530 A2
DTD 11/01/2024 4.792% 09/01/2029
11/19/24 3137HHJL6 3,980,000.00 (4,000,723.86) (13,774.34) (4,014,498.20) Transaction Type Sub-Total 12,845,000.00 (12,850,790.11) (15,984.98) (12,866,775.09)

INTEREST
11/01/24 CA ST UNIV-D
DTD 09/17/2020 0.685% 11/01/2024
11/01/24 13077DMK5 0.00 2,055.00 2,055.00
11/01/24 MONEY MARKET FUND
DTD 01/01/2010 0.000% --
11/01/24 MONEY0002 0.00 6,707.18 6,707.18
11/25/24 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
11/01/24 3137HB3D4 0.00 6,188.40 6,188.40
11/25/24 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
11/01/24 3137HBLV4 0.00 8,458.20 8,458.20
11/25/24 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
11/01/24 3137BXQY1 0.00 10,746.67 10,746.67
11/25/24 FHMS K507 A1
DTD 09/01/2023 4.800% 04/01/2028
11/01/24 3137HAMR4 0.00 14,202.49 14,202.49
11/25/24 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
11/01/24 3137HDJJ0 0.00 15,409.63 15,409.63
11/25/24 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
11/01/24 3137HAMH6 0.00 14,725.00 14,725.00
11/25/24 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
11/01/24 3137HDXL9 0.00 13,250.42 13,250.42
11/25/24 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
11/01/24 3137HAD45 0.00 11,106.93 11,106.93
11/25/24 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
11/01/24 3137HACX2 0.00 14,055.42 14,055.42
11/25/24 FHMS K515 A2
DTD 02/01/2024 5.400% 01/01/2029
11/01/24 3137HBPD0 0.00 16,875.00 16,875.00
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Managed Account Security Transactions & Interest For the Month Ending November 30, 2024 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
11/25/24 FHMS K517 A2
DTD 03/01/2024 5.355% 01/01/2029
11/01/24 3137HC2C5 0.00 14,971.69 14,971.69
11/25/24 FHMS K066 A2
DTD 08/01/2017 3.117% 06/01/2027
11/01/24 3137F2LJ3 0.00 9,169.18 9,169.18
11/25/24 FHMS KJ47 A1
DTD 09/01/2023 5.272% 08/01/2028
11/01/24 3137HAMN3 0.00 8,948.38 8,948.38
11/25/24 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
11/01/24 3137HAST4 0.00 11,680.42 11,680.42
11/25/24 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
11/01/24 3137HB3G7 0.00 8,606.25 8,606.25
11/25/24 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
11/01/24 3136BQDE6 0.00 11,677.63 11,677.63
11/25/24 FHMS K512 A2
DTD 12/01/2023 5.000% 11/01/2028
11/01/24 3137HBCF9 0.00 8,062.50 8,062.50
11/25/24 FHMS K506 A1
DTD 09/01/2023 4.650% 05/01/2028
11/01/24 3137HAMG8 0.00 7,283.12 7,283.12
11/25/24 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
11/01/24 3137HDV56 0.00 12,763.67 12,763.67
11/25/24 FHMS K520 A2
DTD 04/01/2024 5.180% 03/01/2029
11/01/24 3137HCKV3 0.00 9,172.92 9,172.92
11/25/24 FHMS K516 A2
DTD 03/01/2024 5.477% 01/01/2029
11/01/24 3137HBPM0 0.00 17,115.63 17,115.63
11/25/24 FHMS K518 A2
DTD 03/01/2024 5.400% 01/01/2029
11/01/24 3137HC2L5 0.00 12,217.50 12,217.50
11/25/24 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
11/01/24 3137HAMS2 0.00 15,200.00 15,200.00
11/25/24 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
11/01/24 3137F1G44 0.00 6,148.19 6,148.19
11/25/24 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
11/01/24 3137BTUM1 0.00 6,758.14 6,758.14
11/25/24 FHMS K513 A2
DTD 01/01/2024 4.724% 12/01/2028
11/01/24 3137HBFY5 0.00 8,621.30 8,621.30
11/25/24 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
11/01/24 3137HAQ74 0.00 15,207.50 15,207.50
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Managed Account Security Transactions & Interest For the Month Ending November 30, 2024 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
11/07/24 FANNIE MAE
DTD 11/12/2020 0.500% 11/07/2025
11/07/24 3135G06G3 0.00 10,637.50 10,637.50
11/10/24 APPLE INC (CALLABLE)
DTD 05/10/2023 4.000% 05/10/2028
11/10/24 037833ET3 0.00 104,000.00 104,000.00
11/13/24 BRISTOL-MYERS SQUIBB CO
(CALLABLE)
DTD 11/13/2020 0.750% 11/13/2025
11/13/24 110122DN5 0.00 8,362.50 8,362.50
11/15/24 US TREASURY N/B
DTD 05/15/2015 2.125% 05/15/2025
11/15/24 912828XB1 0.00 117,034.38 117,034.38
11/15/24 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
11/15/24 05522RDH8 0.00 5,664.75 5,664.75
11/15/24 BAAT 2023-1A A3
DTD 07/31/2023 5.530% 02/15/2028
11/15/24 06428AAC2 0.00 6,751.21 6,751.21
11/15/24 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
11/15/24 31680EAD3 0.00 11,175.21 11,175.21
11/15/24 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
11/15/24 02582JKD1 0.00 13,467.25 13,467.25
11/15/24 BAAT 2023-2A A3
DTD 11/21/2023 5.740% 06/15/2028
11/15/24 06054YAC1 0.00 13,991.25 13,991.25
11/15/24 UNIV OF CALIFORNIA-BG (CALLABLE)
DTD 07/16/2020 0.883% 05/15/2025
11/15/24 91412HGE7 0.00 3,222.95 3,222.95
11/15/24 US TREASURY N/B
DTD 11/15/2016 2.000% 11/15/2026
11/15/24 912828U24 0.00 45,450.00 45,450.00
11/15/24 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
11/15/24 44935FAD6 0.00 54.92 54.92
11/15/24 KCOT 2023-2A A3
DTD 07/26/2023 5.280% 01/18/2028
11/15/24 500945AC4 0.00 3,916.00 3,916.00
11/15/24 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
11/15/24 161571HT4 0.00 12,986.00 12,986.00
11/15/24 USAOT 2023-A A3
DTD 09/15/2023 5.580% 05/15/2028
11/15/24 90291VAC4 0.00 14,019.75 14,019.75
11/15/24 TAOT 2021-C A3
DTD 09/27/2021 0.430% 01/15/2026
11/15/24 89239BAC5 0.00 50.86 50.86
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Managed Account Security Transactions & Interest For the Month Ending November 30, 2024 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
11/15/24 TAOT 2023-D A3
DTD 11/14/2023 5.540% 08/15/2028
11/15/24 89239FAD4 0.00 3,531.75 3,531.75
11/15/24 TAOT 2023-C A3
DTD 08/15/2023 5.160% 04/17/2028
11/15/24 89231FAD2 0.00 2,967.00 2,967.00
11/15/24 HART 2023-C A3
DTD 11/13/2023 5.540% 10/16/2028
11/15/24 44918CAD4 0.00 5,216.83 5,216.83
11/15/24 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
11/15/24 14314QAC8 0.00 10.75 10.75
11/15/24 CHAIT 2024-A1 A
DTD 01/31/2024 4.600% 01/16/2029
11/15/24 161571HV9 0.00 12,995.00 12,995.00
11/16/24 GMCAR 2024-1 A3
DTD 01/17/2024 4.850% 12/18/2028
11/16/24 36268GAD7 0.00 1,475.21 1,475.21
11/18/24 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
11/18/24 43815QAC1 0.00 10,008.50 10,008.50
11/21/24 MASTERCARD INC (CALLABLE)
DTD 11/21/2016 2.950% 11/21/2026
11/21/24 57636QAG9 0.00 37,760.00 37,760.00
11/26/24 MORGAN STANLEY BANK NA
(CALLABLE)
DTD 05/30/2024 5.504% 05/26/2028
11/26/24 61690U8B9 0.00 107,633.78 107,633.78
11/30/24 US TREASURY N/B
DTD 11/30/2020 0.375% 11/30/2025
11/30/24 91282CAZ4 0.00 16,659.38 16,659.38
11/30/24 US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
11/30/24 91282CCF6 0.00 40,575.00 40,575.00
11/30/24 US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
11/30/24 91282CKT7 0.00 126,450.00 126,450.00
Transaction Type Sub-Total 0.00 1,053,452.09 1,053,452.09

MATURITY
11/01/24 CA ST UNIV-D
DTD 09/17/2020 0.685% 11/01/2024
11/01/24 13077DMK5 600,000.00 600,000.00 0.00 600,000.00 0.00 0.00 11/26/24 TREASURY BILL
DTD 07/30/2024 0.000% 11/26/2024
11/26/24 912797MD6 4,015,000.00 4,015,000.00 0.00 4,015,000.00 2,998.20 0.00 Transaction Type Sub-Total 4,615,000.00 4,615,000.00 0.00 4,615,000.00 2,998.20 0.00 PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 29 U.S. Bancorp Asset Management, Inc.
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Managed Account Security Transactions & Interest For the Month Ending November 30, 2024 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

PAYDOWNS
11/25/24 FHMS K507 A1
DTD 09/01/2023 4.800% 04/01/2028
11/01/24 3137HAMR4 12,517.83 12,517.83 0.00 12,517.83 196.45 156.38 11/25/24 FHMS K506 A1
DTD 09/01/2023 4.650% 05/01/2028
11/01/24 3137HAMG8 1,508.72 1,508.71 0.00 1,508.71 22.56 17.62 11/25/24 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
11/01/24 3137HAD45 1,812.66 1,812.66 0.00 1,812.66 0.05 0.04 11/25/24 FHMS KJ47 A1
DTD 09/01/2023 5.272% 08/01/2028
11/01/24 3137HAMN3 4,287.63 4,287.63 0.00 4,287.63 0.02 0.01 11/25/24 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
11/01/24 3136BQDE6 18.94 18.94 0.00 18.94 0.32 0.24
11/25/24 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
11/01/24 3137BTUM1 4,748.02 4,748.02 0.00 4,748.02 146.15 86.23 11/15/24 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
11/15/24 14314QAC8 24,813.82 24,813.82 0.00 24,813.82 5.35 1.39 11/15/24 TAOT 2021-C A3
DTD 09/27/2021 0.430% 01/15/2026
11/15/24 89239BAC5 38,000.27 38,000.27 0.00 38,000.27 3.03 0.82 11/15/24 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
11/15/24 44935FAD6 20,733.30 20,733.30 0.00 20,733.30 4.63 1.54 Transaction Type Sub-Total 108,441.19 108,441.18 0.00 108,441.18 378.56 264.27 SELL
11/04/24 FANNIE MAE
DTD 08/27/2020 0.375% 08/25/2025
11/01/24 3135G05X7 2,360,000.00 2,284,928.40 1,696.25 2,286,624.65 (64,026.80) (73,284.04) FIFO 11/04/24 FANNIE MAE
DTD 08/27/2020 0.375% 08/25/2025
11/01/24 3135G05X7 450,000.00 435,685.50 323.44 436,008.94 (11,794.50) (13,893.54) FIFO 11/04/24 FANNIE MAE
DTD 08/27/2020 0.375% 08/25/2025
11/01/24 3135G05X7 550,000.00 532,504.50 395.31 532,899.81 (15,785.00) (17,210.91) FIFO 11/20/24 FREDDIE MAC
DTD 09/25/2020 0.375% 09/23/2025
11/19/24 3137EAEX3 130,000.00 125,697.00 77.19 125,774.19 (4,132.70) (4,274.22) FIFO 11/20/24 FREDDIE MAC
DTD 09/25/2020 0.375% 09/23/2025
11/19/24 3137EAEX3 3,400,000.00 3,287,460.00 2,018.75 3,289,478.75 (102,306.00) (110,815.36) FIFO Transaction Type Sub-Total 6,890,000.00 6,666,275.40 4,510.94 6,670,786.34 (198,045.00) (219,478.07) PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 30 U.S. Bancorp Asset Management, Inc.
#13..
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Managed Account Security Transactions & Interest For the Month Ending November 30, 2024 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 (1,461,073.53) 1,041,978.05 (419,095.48) (194,668.24) (219,213.80) Total Security Transactions ($1,461,073.53) $1,041,978.05 ($419,095.48) ($194,668.24) ($219,213.80) PFM Asset Management, a division of CITY OF MODESTO - COMBINED PORTFOLIO Page 31 U.S. Bancorp Asset Management, Inc.
#13..
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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
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% 3/31/2023 2.57% 47,361,889.08 4.80% 359,784,568.86 2.01% 40,708,200.79 4.97% 4/30/2023 2.58% 47,555,527.53 4.97% 357,043,234.53 1.99% 40,860,577.92 4.97% 5/31/2023 2.71% 47,763,982.55 5.16% 360,186,419.97 2.10% 41,114,697.00 5.21% 6/30/2023 2.75% 47,969,832.62 5.24% 360,251,679.25 2.14% 41,289,235.20 5.21% 7/31/2023 2.94% 48,186,346.94 5.31% 360,659,807.46 2.35% 41,419,189.81 5.28% 8/31/2023 3.14% 48,412,208.12 5.52% 392,278,686.76 2.60% 41,598,139.19 5.44% 9/30/2023 3.36% 48,632,969.13 5.55% 392,056,693.34 2.85% 41,767,569.64 5.55% 10/31/2023 3.40% 48,862,493.00 5.56% 393,319,562.86 2.89% 41,829,190.02 5.63% 11/30/2023 3.46% 49,086,612.73 5.58% 396,095,890.19 2.97% 41,987,235.92 5.60% 12/31/2023 3.51% 49,318,080.86 5.55% 393,872,751.60 3.03% 42,137,084.04 5.60% 1/31/2024 3.54% 49,549,288.20 5.54% 395,563,681.33 3.07% 42,286,932.15 5.60% 2/29/2024 3.57% 49,765,331.51 5.50% 400,022,027.47 3.13% 42,269,831.92 5.45% 3/31/2024 3.59% 49,996,308.29 5.48% 397,576,602.33 3.16% 42,372,823.25 5.35% 4/30/2024 3.61% 50,219,345.80 5.44% 398,650,446.11 3.19% 42,473,217.00 5.35% 5/31/2024 3.68% 50,450,429.25 5.43% 399,100,250.21 3.29% 42,706,970.79 5.27% 6/30/2024 3.76% 50,674,988.39 5.43% 399,326,031.56 3.39% 42,808,365.69 5.27% 7/31/2024 3.79% 50,908,210.76 5.43% 400,074,642.53 3.44% 43,066,591.51 5.14% 8/31/2024 3.65% 36,112,852.04 5.41% 400,899,946.42 3.34% 43,149,544.75 5.10% 9/30/2024 3.73% 21,244,197.28 5.29% 401,135,133.05 3.54% 43,205,826.11 4.78% 10/31/2024 3.80% 35,394,422.01 5.03% 403,285,397.15 3.62% 32,709,563.98 4.65% 11/30/2024 3.83% 36,072,860.08 4.87% 404,702,479.08 3.67% 32,740,820.12 4.65% 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. #13..
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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, 2025
Expected
Earnings to June
30, 2025
Main Portfolio
Federal Agency
FNMA 2,215,000 11/7/2025 4.410% 1 11,890 0.57% 7,370
FNMA 2,040,000 11/7/2025 4.410% 1 9,704 0.51% 6,016
Federal Agency CMBS
FHLMC 2,418,249 11/1/2026 4.560% 2 199,280 4.29% 60,267 FHLMC 4,000,000 3/1/2027 4.470% 2 444,321 4.94% 114,733 FHLMC 2,275,000 4/1/2027 4.490% 2 262,058 4.93% 65,207
FHLMC 3,530,000 6/1/2027 4.490% 3 438,596 4.97% 101,843 FHLMC 3,538,104 4/1/2028 4.600% 3 612,893 5.19% 106,678 FHLMC 1,878,007 5/1/2028 4.540% 3 321,492 5.01% 54,612
FHLMC 3,500,000 6/1/2028 4.540% 4 563,279 4.59% 93,366
FHLMC 2,788,290 6/1/2028 4.720% 4 466,784 4.78% 77,372
FHLMC 3,344,411 7/1/2028 4.590% 4 548,812 4.58% 88,883
FHLMC 3,800,000 8/1/2028 4.560% 4 695,707 4.99% 110,067 FHLMC 3,850,000 8/1/2028 4.530% 4 742,288 5.25% 117,437 FHLMC 2,032,520 8/1/2028 4.710% 4 393,389 5.27% 62,238
FHLMC 3,800,000 9/1/2028 4.570% 4 724,333 5.07% 112,005 FHLMC 2,890,000 9/1/2028 4.580% 4 608,386 5.60% 94,076
FHLMC 1,465,000 10/1/2028 4.580% 4 288,762 5.14% 43,696 FHLMC 2,125,000 10/1/2028 4.540% 4 401,790 4.93% 60,799 FNMA 1,935,000 11/1/2028 4.510% 4 363,438 4.79% 53,805
FHLMC 2,190,000 12/1/2028 4.580% 4 394,608 4.50% 57,221 FHLMC 2,220,000 12/1/2028 4.550% 4 386,356 4.34% 56,024 FHLMC 3,750,000 1/1/2029 4.600% 4 734,571 4.79% 104,306 FHLMC 3,355,000 1/1/2029 4.530% 4 640,427 4.67% 90,938
FHLMC 3,750,000 1/1/2029 4.600% 4 734,219 4.79% 104,256 FHLMC 2,715,000 1/1/2029 4.490% 4 536,494 4.83% 76,180
FHLMC 2,125,000 3/1/2029 4.560% 4 459,470 5.09% 62,763
FHLMC 3,850,000 5/1/2029 4.580% 4 817,175 4.80% 107,403 FHLMC 3,245,000 5/1/2029 4.540% 4 656,252 4.58% 86,253
FHLMC 3,500,000 7/1/2029 4.540% 5 695,536 4.33% 88,085
FHLMC 3,980,000 9/1/2029 4.510% 5 883,952 4.67% 107,948 U.S. Treasury
U.S. Treasury 11,015,000 5/15/2025 5.015% 0 257,887 4.85% 310,466 U.S. Treasury 10,805,000 7/31/2025 4.460% 1 345,761 4.81% 301,652 U.S. Treasury 11,115,000 9/15/2025 4.434% 1 351,683 4.00% 257,982 U.S. Treasury 4,550,000 9/30/2025 4.352% 1 25,402 0.67% 17,714 U.S. Treasury 1,100,000 9/30/2025 4.352% 1 7,366 0.80% 5,137 U.S. Treasury 5,010,000 10/31/2025 4.444% 1 35,540 0.77% 22,491 U.S. Treasury 6,930,000 10/31/2025 4.444% 1 49,592 0.78% 31,384 U.S. Treasury 4,250,000 11/30/2025 4.380% 1 45,267 1.07% 26,292 U.S. Treasury 4,635,000 11/30/2025 4.380% 1 127,629 2.75% 74,130 U.S. Treasury 1,040,000 12/31/2025 4.350% 1 5,118 0.45% 2,740 U.S. Treasury 500,000 12/31/2025 4.350% 1 2,345 0.43% 1,255 U.S. Treasury 3,735,000 12/31/2025 4.350% 1 35,972 0.89% 19,257 U.S. Treasury 2,400,000 1/31/2026 4.370% 1 22,585 0.80% 11,213 U.S. Treasury 5,775,000 1/31/2026 4.370% 1 85,963 1.27% 42,679 U.S. Treasury 5,000,000 1/31/2026 4.370% 1 108,452 1.85% 53,845 U.S. Treasury 7,980,000 1/31/2026 4.370% 1 275,388 2.95% 136,727 U.S. Treasury 6,000,000 2/28/2026 4.310% 1 86,365 1.15% 40,241 U.S. Treasury 4,645,000 2/28/2026 4.310% 1 159,698 2.76% 74,409 U.S. Treasury 3,210,000 2/28/2026 4.290% 1 28,103 0.70% 13,094 U.S. Treasury 4,925,000 3/31/2026 4.300% 1 57,019 0.87% 24,872 U.S. Treasury 2,480,000 3/31/2026 4.300% 1 25,053 0.76% 10,929 U.S. Treasury 1,405,000 5/31/2026 4.270% 1 18,283 0.87% 7,086 U.S. Treasury 4,615,000 5/31/2026 4.270% 1 190,956 2.76% 74,008 U.S. Treasury 4,800,000 5/31/2026 4.270% 1 215,256 2.99% 83,426 U.S. Treasury 4,640,000 8/31/2026 4.230% 2 223,396 2.75% 74,116 U.S. Treasury 4,310,000 9/30/2026 4.220% 2 218,656 2.77% 69,290 U.S. Treasury 4,545,000 11/15/2026 4.190% 2 267,880 3.01% 79,427 U.S. Treasury 9,220,000 2/15/2027 4.160% 2 581,483 2.85% 152,756 U.S. Treasury 910,000 3/31/2027 4.140% 2 85,599 4.03% 21,324 U.S. Treasury 6,480,000 4/30/2027 4.150% 2 456,398 2.92% 109,826 U.S. Treasury 5,545,000 6/30/2027 4.140% 3 428,246 2.99% 96,378 U.S. Treasury 1,200,000 8/15/2027 4.170% 3 107,305 3.30% 23,025 U.S. Treasury 2,985,000 8/15/2027 4.170% 3 274,734 3.40% 58,951 U.S. Treasury 5,380,000 9/30/2027 4.120% 3 651,243 4.27% 133,524 U.S. Treasury 8,775,000 10/31/2027 4.170% 3 1,001,389 3.91% 199,338 U.S. Treasury 2,715,000 10/31/2027 4.110% 3 301,830 3.81% 60,083 U.S. Treasury 3,160,000 10/31/2027 4.110% 3 334,530 3.63% 66,592 U.S. Treasury 4,250,000 12/31/2027 4.110% 3 495,424 3.78% 93,277 U.S. Treasury 3,450,000 1/31/2028 4.130% 3 400,477 3.66% 73,380 U.S. Treasury 2,220,000 1/31/2028 4.120% 3 247,516 3.52% 45,353 U.S. Treasury 1,120,000 2/29/2028 4.130% 3 156,280 4.29% 27,935 U.S. Treasury 2,825,000 2/29/2028 4.130% 3 390,057 4.25% 69,723 U.S. Treasury 2,555,000 3/31/2028 4.170% 3 297,441 3.49% 51,814 U.S. Treasury 2,675,000 3/31/2028 4.120% 3 325,378 3.65% 56,680 U.S. Treasury 2,810,000 4/30/2028 4.120% 3 345,837 3.60% 58,795 U.S. Treasury 6,530,000 4/30/2028 4.120% 3 758,406 3.40% 128,935 Earnings to
Maturity
November 30, 2024
#13..

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, 2025
Expected
Earnings to June
30, 2025
Earnings to
Maturity
November 30, 2024
U.S. Treasury 3,450,000 3/31/2029 4.150% 4 654,141 4.37% 87,660 U.S. Treasury 5,190,000 4/30/2029 4.110% 4 1,048,123 4.57% 137,842 U.S. Treasury 4,430,000 4/30/2029 4.110% 4 753,148 3.85% 99,049 U.S. Treasury 4,190,000 5/31/2029 4.140% 5 813,520 4.31% 104,970 U.S. Treasury 1,430,000 5/31/2029 4.140% 5 276,512 4.30% 35,679 U.S. Treasury 2,920,000 6/30/2029 4.140% 5 592,603 4.43% 75,094 U.S. Treasury 2,105,000 7/31/2029 4.100% 5 377,914 3.85% 47,017 U.S. Treasury 7,550,000 8/31/2029 4.090% 5 1,284,480 3.58% 156,951 U.S. Treasury 8,695,000 9/30/2029 4.090% 5 1,498,004 3.56% 179,930 U.S. Treasury 4,850,000 10/31/2029 4.090% 5 997,543 4.18% 117,750 Negotiable CD
Rabobank Nederland 3,500,000 7/17/2026 3.910% 2 289,351 5.08% 103,270 Corporate Note
Adobe 2,230,000 11/13/2025 4.510% 1 20,198 0.95% 12,305 Adobe 3,465,000 1/28/2026 4.470% 1 29,987 0.75% 14,993
Apple Inc 2,025,000 4/2/2026 5.690% 1 91,618 3.38% 39,801 Bank Of America Co 5,635,000 8/7/2026 4.600% 2 525,725 5.54% 181,225 The Bank Of New York Mellon Corporation 3,000,000 8/8/2026 4.380% 2 108,262 2.14% 37,259 Bank Of America Co 3,750,000 8/18/2026 4.530% 2 355,592 5.53% 120,424 Blackrock Inc. 2,560,000 11/21/2026 4.430% 2 218,902 4.33% 64,365 Bristol-Myers Squibb Co 3,500,000 12/8/2026 4.490% 2 361,620 5.11% 103,880 Citigroup Inc 850,000 12/8/2026 4.490% 2 88,487 5.15% 25,419 Deere & Company 365,000 1/15/2027 4.320% 2 15,412 1.99% 4,211 Deere & Company 3,000,000 2/6/2027 4.230% 2 266,088 4.06% 70,690 Deere & Company 3,610,000 9/14/2027 4.360% 3 418,636 4.16% 87,181 Toyota Motor Corp 1,535,000 2/24/2028 5.100% 3 254,815 5.13% 45,742 Morgan Stanley 1,220,000 4/15/2028 4.220% 3 162,650 3.95% 27,988 Morgan Stanley 5,200,000 5/10/2028 4.190% 3 703,693 3.93% 118,682 Paccar Financial Corp 1,360,000 5/26/2028 4.950% 3 261,068 5.50% 43,477 Microsoft Corp 2,640,000 5/26/2028 4.950% 3 501,696 5.45% 83,550 State Street Corporation 1,165,000 7/14/2028 4.470% 4 210,302 4.98% 33,725 Mastercard Inc 495,000 7/14/2028 4.470% 4 83,224 4.64% 13,346 Microsoft Corp 895,000 7/14/2028 4.470% 4 153,296 4.73% 24,583 JPMorgan Chase & Co 1,130,000 8/10/2028 4.480% 4 212,739 5.09% 33,433 Home Depot Inc 2,800,000 9/11/2028 4.550% 4 560,421 5.29% 86,031 Pepsico Inc 5,650,000 9/29/2028 4.610% 4 1,256,683 5.80% 190,434 JPMorgan Chase & Co 1,900,000 2/20/2029 4.860% 4 363,852 4.53% 49,991 JPMorgan Chase & Co 365,000 3/14/2029 4.410% 4 74,197 4.74% 10,051 Target Corp 1,580,000 4/4/2029 4.410% 4 331,868 4.83% 44,361 Eli Lilly & Co 1,295,000 4/4/2029 4.410% 4 268,404 4.77% 35,877 Eli Lilly & Co 1,935,000 7/17/2029 4.330% 5 406,296 4.53% 50,967 Wal-Mart Stores Inc 660,000 8/14/2029 4.410% 5 131,996 4.25% 16,288 Wells Fargo & Company 2,290,000 8/14/2029 4.410% 5 449,180 4.17% 55,429 Asset-Backed Securities
American Express Co 103,923 1/15/2026 4.890% 1 505 0.43% 261 Bank Of America Co 68,319 5/15/2026 4.850% 1 740 0.75% 296 Bank of America Auto Trust 835,000 12/8/2027 4.540% 3 132,060 5.23% 25,382 Bank of America Auto Trust 890,000 1/18/2028 4.630% 3 147,460 5.29% 27,327 Chase Issurance 1,465,000 2/15/2028 4.740% 3 260,181 5.53% 47,064 Chase Issurance 2,220,000 2/18/2028 4.550% 3 387,001 5.42% 69,825 Citigroup Inc 690,000 4/17/2028 4.580% 3 120,497 5.17% 20,701 Toyota Motor Corp 3,015,000 5/15/2028 4.750% 3 582,123 5.58% 97,789 Gm Financial Securitized Term 2,925,000 6/15/2028 4.710% 4 597,270 5.76% 97,928 Kubota Credit Owners Trust 2,425,000 8/15/2028 4.680% 4 497,591 5.53% 77,909 Hyundai Auto Receivables 765,000 8/15/2028 4.560% 4 157,287 5.54% 24,627 Toyota Motor Corp 3,090,000 9/15/2028 4.510% 4 614,886 5.24% 94,120 Fifth Third Auto Trust 3,020,000 9/15/2028 4.480% 4 592,030 5.17% 90,621 USAA Owners Trust 1,130,000 10/16/2028 4.560% 4 242,993 5.54% 36,380 Hyundai Auto Receivables 1,365,000 11/15/2028 4.500% 4 269,463 4.98% 39,506 Honda Auto Receivables 365,000 12/18/2028 4.500% 4 71,798 4.85% 10,292 Toyota Motor Corp 3,390,000 1/16/2029 4.440% 4 644,743 4.60% 90,640 Municipal Securities
State Of California 100,000 12/1/2024 0.000% 0 2 3.85% 2,238 New Jersey Turnpike Authority 510,000 5/15/2025 4.470% 0 2,048 1.51% 4,483 Florida State Board of Administration Finance 220,000 5/15/2025 4.470% 0 807 1.45% 1,857 Florida State Board of Administration Finance 505,000 7/1/2025 4.700% 1 3,260 1.11% 3,244 University Of California 1,295,000 7/1/2025 4.700% 1 9,508 1.26% 9,463 University Of California 505,000 1/1/2026 4.440% 1 5,751 1.05% 3,071 Overnight Investments 36,072,860 Varies Varies 4.22% 884,941 Totals (Main Portfolio) 477,709,684 48,760,696 3.75% 10,396,285 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. #13..

Attachment 5
Issue Name / Type Trustee Bank Investment Total Amount
Instl Res Tre and Agny Cash Adv6541 $290,419.09
Financial Guaranty Insurance Pol $1.00
CAMP $2,155,335.92
Total $2,445,756.01
Instl Res Tre and Agny Cash Adv6541 $280,288.64
Letter of Credit $1.00
CAMP $5,332,040.77
Total $5,612,330.41
2015 Wastewater Refunding Bank of New York Cash $908,630.13 2018 Wastewater Refunding Bank of New York Fidelity Inv MM Trsy Only $2,291.34 2020 Wastewater Refunding Bank of New York Cash $6,619,433.46 Fairview Village Refunding US Bank First American Treasury Obligation Fund $203,923.88 Blackrock Federal Fund Instl 30 $4,407.70
CAMP $3,052,749.53
Total $3,057,157.23
Other Post Employment Benefits Section 115
Trust PARS HighMark Plus Moderate $1,751,643.05
Pension Section 115 Trust PARS HighMark Plus Moderately Conservative $3,035,373.51 Athens Administrators (New Third Party
Administrator - Worker's Compensation) Wells Fargo Bank $468,864.99 George Hills Company - General Liability Claims
Administration Services California Bank & Trust $71,389.94 Kemper Sports Management Inc. BMO Harris Bank Business Money Market $28,178.88 Stanislaus Community Foundation Modesto Commerce Bank Charles Schwab $817,964.71 Village One #2 Refunding Bank of New York
Cash with Fiscal Agent Investments
As of November 30, 2024
2008 Water Refunding COP Bank of New York
2008 Lease Revenue Bonds Bank of New York
#13..
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CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

January 28, 2025
Date: December 19, 2024
TO: Mayor and City Council

THROUGH: Joseph P. Lopez, City Manager
FROM: DeAnna Christensen, Director of Finance
SUBJECT: November 2024 Accounts Payable Register and Void Report CONTACT: Maria Garnica, Accounting Manager
[email protected], 209-577-5249
DESCRIPTION:

Consider accepting an Informational Report for the November 2024 Accounts Payable Payment Register and Void Report. (Funding Source: Not Applicable) 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 Finance Department manages the payment processing for all City disbursements. The City has three main types of payments which includes the following:

1. Vendors – These payments are associated with goods received and contractual services provided to the City and payroll benefits paid by the City on behalf of City employees.

2. Refunds – These payments are associated with refunds issued for deposits collected and have been authorized to be released for utility services, business licenses, building permits, rental agreements, etc. Additionally, any overpayments made by customers on their utility bills would be refunded through this type of payment.

3. Employees – These payments are associated with City-related travel advances and reimbursements related to training events or City business reimbursements.

Additionally, a monthly Void report is provided to identify any payments that were voided through the City’s financial accounting system and through the City’s bank. This could have triggered a re-issuance of payment, or the payment could have been processed in error. #14..
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City Council, January 28, 2025
November 2024 Accounts Payable Register and Void Report

DISCUSSION:

On a monthly basis, Finance Staff prepares a monthly spending report of vendors receiving payment from the City. The informational report of the monthly payments provides Council the oversight to review all spending activity for the City.

FISCAL IMPACT:

No fiscal impact will result from this informational report on the November 2024 Accounts Payable Payment Register and Void report. A monthly summary by payment type has been provided below:

Payment Type Amount
Employee Checks $ 47,241.27
Refund Checks $ 100,883.33
Vendor ACHs $ 4,533,562.69
Vendor Checks $ 23,906,395.61
Vendor ePayables $ 164,749.16
Vendor Wires $ 4,952,014.08
Voided Checks ($ 97,212.80 )
Total $ 33,607,633.34
COMMITTEE RECOMMENDATION:

This item is being presented as informational to share the monthly Accounts Payable register and void activity to Council and the public. Therefore, this item is not required to be presented to a committee.

RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Motion accepting an Informational Report for the November 2024 Accounts Payable Payment Register and Void Report.

Approved by:

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

1. Employee Checks

2. Refund Checks

3. Vendor ACHs

4. Vendor Checks

5. Vendor ePayables

6. Vendor Wires

7. Voided Checks
#14..
- 368 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 1
PO
NUMBER
604624
604625
604626
604627
604628
604629
604630
604631
604632
604633
604634
604875
604876
604877
Becker, Duane A
Foster, Adam Eleon
Harris, Nolan R
Keener, Joshua D
Koehler, Timothy
Benjamin
McKinney, Wayne
Mills, Jeremy Ryan
Oaxaca, Yair Roberto
Reeh, Gary
Richard, Mark Steven
Rodacy, James Tamanoon
Amaral, Tony A
Avalos, Janell
Bakus, Katherine
EE1646965
ADV111224
EE1647966
RE1640939
EE1647967
ADV111424
ADV111224
ADV111424
PC1629945
PC1629945
RE1643998
RE1647974
RE1649014
RE1647964
RE1648984
09-OCT-24
22-OCT-24
10-OCT-24
09-NOV-24
10-OCT-24
31-OCT-24
30-OCT-24
31-OCT-24
06-NOV-24
06-NOV-24
30-OCT-24
24-OCT-24
01-OCT-24
24-OCT-24
30-OCT-24
138.00
435.98

78.00 100.00
274.55
339.37
344.00
339.37
2,878.53
-2,878.53

66.85 593.48
127.97

20.00 5.10
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
138.00
435.98

78.00 100.00
274.55
339.37
344.00
339.37

0.00 66.85
593.48
127.97

20.00 N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 1, Employee Checks
#14..
- 369 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 2
PO
NUMBER
604877
604878
604879
604880
604881
604882
604883
604884
604885
604886
604887
604888
604889
604890
604891
Bakus, Katherine
Barber, Trevin Wallace
Birchard, Trisha
Birchard, Trisha
Blakeley, Jillane M (Jill)
Bottoms, Joseph Michael
Charter, Justin
Cramer, Cameron
Escalante, Doug
Ferdinand, Brian K
Fontes, Mark
Giesbrecht, Justin
Harris, McKenna
Kleiber, Brian John
Kluver, Gregory W
RE1649061
ADV111724
EE1647968
EE1644999
EE1649002
RE1647976
RE1648985
RE1620911
RE1647980
ADV112224
ADV112224
ADV111824
EE1647977
RE1648973
23-NOV-24
15-OCT-24
16-OCT-24
10-OCT-24
23-OCT-24
30-OCT-24
30-OCT-24
11-MAR-24
16-OCT-24
22-OCT-24
22-OCT-24
06-NOV-24
17-OCT-24
15-OCT-24

57.70 737.82
147.88

73.72 59.40
100.06

22.11 84.00

51.00 1,895.11
1,895.11
755.36

0.04 46.00
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

5.10 57.70
737.82
147.88

73.72 59.40
100.06

22.11 84.00

51.00 1,895.11
1,895.11
755.36

0.04 N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 1, Employee Checks
#14..
- 370 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 3
PO
NUMBER
604891
604892
604893
604894
604895
604896
604897
604898
604899
604900
604901
604902
604903
604904
Kluver, Gregory W
Ashby, Nancy
Lutz, Edward M.

Malone, Kieran P
Martinez, Manuel
McKinney, Wayne
Meza, Jose
Morales, Adolfo
Orozco-Lopez, Pablo E
Ramos, Juan F
Sanchez, Dana M
Sanchez, David M
Seese, Kyle A
Serrato Lopez, Jovany
ADV111824
EE1649074
RE1570540
EE1649144
ADV112224
ADV112224
EE1646971
ADV111824
ADV112124
EE1649077
EE1647983
RE1560515
RE1649078
RE1649032
06-NOV-24
25-OCT-24
07-JUN-23
24-OCT-24
22-OCT-24
22-OCT-24
12-OCT-24
24-OCT-24
24-OCT-24
25-OCT-24
25-OCT-24
19-APR-23
30-OCT-24
15-OCT-24
755.36

13.00 84.00

97.00 1,895.11
1,895.11

59.04 787.73
263.93
369.92
871.74

86.00 527.14

46.00 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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

46.00 755.36

13.00 84.00

97.00 1,895.11
1,895.11

59.04 1,051.66
369.92
871.74

86.00 527.14

46.00 N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 1, Employee Checks
#14..
- 371 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 4
PO
NUMBER
604905
604906
605151
605152
605153
605154
605155
605493
605494
605495
605496
605497
605498
Trevethan, Garrett
Zaragoza, Ismael Eugenio
Greener, Cameron M
Lewis, Kristopher Ronald
(Kris)
Mendenhall, Brock
Vargas, Carmen H
Warren, Clint Eugene
Alves, Alfred James
Amparan, Erica M
Arroyo, Luis A
Beverson, Justin R
Billing, Gaganpreet
Braley, Matthew
ADV112224
ADV112224
RE1648974
ADV120124
RE1650103
RE1650051
RE1649131
RE1650106
RE1651983
ADV120224
RE1650093
RE1650094
ADV121524
ADV120924
RE1650972
22-OCT-24
22-OCT-24
15-OCT-24
14-NOV-24
13-NOV-24
16-OCT-24
17-OCT-24
07-NOV-24
10-NOV-24
21-NOV-24
04-NOV-24
23-OCT-24
21-NOV-24
21-NOV-24
18-OCT-24
1,895.11
-1,895.11

46.00 2,418.80

58.00 10.00
139.36

59.22 266.00
3,232.06
150.00
264.56
1,408.16
1,954.64
265.32
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

0.00 46.00
2,418.80

58.00 10.00
139.36

59.22 266.00
3,232.06
150.00
1,672.72
1,954.64
265.32
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 1, Employee Checks
#14..
- 372 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 5
PO
NUMBER
605499
605500
605501
605502
605503
605504
605505
605506
605507
605508
605509
605510
605511
605512
Cabrera, Jorge A
Carrico, John Robert
Catrina, Samuel
Cibrian-Agraz, Miguel
Cross, Troy Damien
Devereaux, Lawrence
Phillip Jr (Larry)
Dodge, Sean P
Douglass, Scotty Alan
Garcia, Edgar R
Harmon, Jeffrey
Hijaouy, Lina M
Hill, Jessica A
Inacio, Frank Jr
Leiber, Matthew (Matt)
EE1649004
ADV120924
ADV120924
RE1650090
RE1649140
ADV121524
RE1651987
EE1649013
EE1649068
RE1649139
EE1649083
ADV120924
RE1649134
RE1650092
ADV12172024
18-OCT-24
19-NOV-24
19-NOV-24
28-OCT-24
13-SEP-24
21-NOV-24
02-NOV-24
18-OCT-24
17-OCT-24
18-OCT-24
25-OCT-24
18-NOV-24
18-OCT-24
30-OCT-24
19-NOV-24

36.00 516.15
-516.15
150.00
100.06
1,408.16
105.86
460.24
308.00
664.22
114.00
1,055.55
645.22
160.00
450.22
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

36.00 0.00
150.00
100.06
1,408.16
105.86
460.24
308.00
664.22
114.00
1,055.55
645.22
160.00
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 1, Employee Checks
#14..
- 373 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 6
PO
NUMBER
605512
605513
605514
605515
605516
605517
605518
605519
605520
605521
605522
605815
605816
605817
Leiber, Matthew (Matt)
McNicoll, Andrew R
Mills, Jeremy Ryan
Raduechel, Randall A
Richard, Mark Steven
Salamanca, Ivan Pimentel
Santillan, Victoria
Schubert, Michael
Frederick
Souza, Kalani John
Steenburgh, David J
Trujillo, Rebecca (Becca)
Bell, Sean A
Beverson, Justin R
Birchard, Trisha
EE1650981
EE1651989
RE1652028
RE1649052
EE1651974
EE1650973
EE1644998
EE1649010
RE1650061
EE1650978
EE1651982
ADV121024
EE1649079
EE1653981
23-OCT-24
15-NOV-24
12-NOV-24
20-NOV-24
25-OCT-24
30-OCT-24
01-OCT-24
17-OCT-24
12-NOV-24
23-OCT-24
01-NOV-24
25-NOV-24
18-OCT-24
20-NOV-24
137.22

94.96 600.00

49.46 435.00
375.58
285.00

25.00 78.02
137.22
1,156.55
500.12

25.93 44.99
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
450.22
137.22

94.96 600.00

49.46 435.00
375.58
285.00

25.00 215.24
1,156.55
500.12

25.93 44.99
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 1, Employee Checks
#14..
- 374 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 7
PO
NUMBER
605818
605819
605820
605821
605822
605823
605824
605825
605826
605827
605828
605829
605830
605831
Booza, Gregory
Bottoms, Joseph Michael
Buzick, Michael Ryan
Caldera, Aaron
Castro, Shane
Englent, Robert A
Hicks, Michael B
Juarez, Job
Lamb-Estrada, Marcos
Anthony
Lemus, Martin
Ashby, Nancy
Mertz, Jacob (Jake)
Meza, Jose
Pirrone, Alfred Mathew
ADV120924
ADV120224
RE1653984
ADV120924
ADV120924
EE1650107
RE1653979
EE1650976
RE1652005
RE1653978
ADV120224
ADV120124
ADV120924
EE1652020
26-NOV-24
27-NOV-24
21-NOV-24
26-NOV-24
26-NOV-24
07-NOV-24
22-OCT-24
23-OCT-24
01-NOV-24
12-NOV-24
26-NOV-24
26-NOV-24
26-NOV-24
21-OCT-24
779.10
308.11
600.00
779.10
779.10
124.88
471.20
137.22

70.00 160.00
1,042.20
2,662.02
779.10
137.22
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
779.10
308.11
600.00
779.10
779.10
124.88
471.20
137.22

70.00 160.00
1,042.20
2,662.02
779.10
137.22
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 1, Employee Checks
#14..
- 375 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 8
PO
NUMBER
Total: 107 47,241.27
605831
605832
605833
605834
605835
605836
605837
Pirrone, Alfred Mathew
Sandhu, Balhar
Santos, Eric
Starr, Daniel
Van Houten, Neil
Wallen, Dylan Tyler
Wilson, Darien A
EE1652004
ADV120824
ADV120224
ADV120824
RE1652009
ADV120224
14-NOV-24
25-NOV-24
27-NOV-24
25-NOV-24
08-NOV-24
27-NOV-24
318.52
401.52
308.11
516.00
146.00
308.11
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
318.52
401.52
308.11
516.00
146.00
308.11
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 1, Employee Checks
#14..
- 376 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 1
PO
NUMBER
604635
604636
604637
604638
604639
604640
604641
604642
604643
604644
604645
604646

JOHN JR WARWICK

ALICIA MACIEL

MICHAEL CRAWFORD

KYLE KARAMBELA

LLOYD SCARROW

JB AG LANDS LLC

KELLY SEIBEL

ADRIANA GONZALEZ
LUNA

TROY ROSE

WALT COOLEY

SHAWN STEWART

MICHELLE OROZCO
000070027-30-
Oct-2024
000062259-30-
Oct-2024
000058147-30-
Oct-2024
000068303-28-
Oct-2024
000061455-28-
Oct-2024
000044775-28-
Oct-2024
ADPPOCTOBER2024
CLASSREFUND1
02924
2024-08-07484
138029-52424
2024-07-08591
2024-08-01064
30-OCT-24
30-OCT-24
30-OCT-24
28-OCT-24
28-OCT-24
28-OCT-24
25-OCT-24
25-OCT-24
14-AUG-24
01-AUG-24
10-JUL-24
02-JUL-24
124.90

40.00 145.80
167.50
262.72
189.00
3,081.93
280.00
2,458.99
1,000.00
648.00
1,230.00
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
124.90

40.00 145.80
167.50
262.72
189.00
3,081.93
280.00
2,458.99
1,000.00
648.00
1,230.00
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
287709
287714
287711
287710
Attachment 2, Refund Checks
#14..
- 377 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 2
PO
NUMBER
604646
604647
604648
604649
604650
604651
604652
604653
604654
604655
604656
604657
604658
604659

MICHELLE OROZCO

JOSE VALENCIA

PEGGY MARTIN

JOSE GARCIA

ROBIN KVALE

BEN JAVIER
AIME ARELLANOBARAJAS

VONDA DARLENE

RICHMOND

CAROL MEININGER

JUAN JORGE DEL
VALLE

GRACE POON

HORTENSE PEFFER

MATTHEW PARKER

DIANA VAZQUEZ
2024-10-02851
393903-88602
535507-9834
95151-36204
422069-150536
538377 - 105372
579365-66532
6674-00061-
55105
Del Valle, Juan
Jorge
6601-00052-
48877
266873-106296
527293-55482-
29-Oct-2024
597661-66564-
17-JUN-24
10-JUN-24
03-SEP-24
17-SEP-24
30-SEP-24
07-OCT-24
18-OCT-24
18-OCT-24
18-OCT-24
20-OCT-24
28-OCT-24
29-OCT-24
29-OCT-24
3,000.00
1,010.00
3,000.00
2,020.00
694.98
1,496.00
100.00
100.00
4,000.00

75.00 1,304.00
147.92

48.91 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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
3,000.00
1,010.00
3,000.00
2,020.00
694.98
1,496.00
100.00
100.00
4,000.00

75.00 1,304.00
147.92
287713
287712
287717
287708
287715
287707
287248
287248
287456
287249
287716
N/A
N/A
Attachment 2, Refund Checks
#14..
- 378 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 3
PO
NUMBER
604659
604660
604661
604662
604663
604664
604665
604666
604667
604668
604669

DIANA VAZQUEZ

LAURA E ZEPEDA

STEVE ORNOUSKI

CYNTHIA KAY

TEAGUE TRUST THE

MANJIT NIJJAR

MARIA PINEDA

FAMILY TR
GUTIERREZDEVILLIERS

MILTON UTI

PATRICIA CASTILLO

DAVID HORTON

HUFF CONSTRUCTION
29-Oct-2024
440527-237208-
29-Oct-2024
349121-126144-
29-Oct-2024
596169-76820-
28-Oct-2024
482755-212726-
28-Oct-2024
276379-314-28-
Oct-2024
158623-7554-28-
Oct-2024
605163-28238-
25-Oct-2024
337569-160466-
25-Oct-2024
286929-117790-
25-Oct-2024
241495-104118-
25-Oct-2024
29-OCT-24
29-OCT-24
28-OCT-24
28-OCT-24
28-OCT-24
28-OCT-24
25-OCT-24
25-OCT-24
25-OCT-24
25-OCT-24

92.24 46.12

51.40 111.87

59.50 237.26

35.46 200.00

49.64 969.72
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

48.91 92.24

46.12 51.40
111.87

59.50 237.26

35.46 200.00

49.64 969.72
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 379 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 4
PO
NUMBER
604670
604671
604672
604673
604674
604675
604676
604907
604908
604909
604910

ROSA A GARZA

MOTOR MOTION

MOZINGO

CONTRUCTION

ARMIDA CARILLO

RAYGOZA

LILIA CHAVEZ

WARIS TARAKHIL
CBH
BARZA

CONSTRUCTION INC
BIG LOTS #4581

SKINCARE BY
PATRIZIA @ INTIMO

SKIN CARE

STATE AUTO GLASS
604685-37394-
29-Oct-2024
299735-125386-
30-Oct-2024
546045-104102-
30-Oct-2024
607351-103646-
30-Oct-2024
425911-115622-
31-Oct-2024
607401-73646-
31-Oct-2024
485765-137828-
29-Oct-2024
1311032-08-Nov2024
1284755-08-Nov2024
1310718-08-Nov2024
1310303-08-Nov2024
29-OCT-24
30-OCT-24
30-OCT-24
30-OCT-24
31-OCT-24
31-OCT-24
29-OCT-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
184.53

44.46 926.92

1.79 3,880.18
188.65
100.67
100.00
100.00
100.00
100.00
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
184.53

44.46 926.92

1.79 3,880.18
188.65
100.67
100.00
100.00
100.00
100.00
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 380 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 5
PO
NUMBER
604911
604912
604913
604914
604915
604916
604917
604918
604919
604920
604921

AZARYANS

CONSTRUCTION

LA OFICINA BAR &

RESTAURANT

SUN VALLEY

MASSAGE

MEMOS MIDDLE

EASTERN CUISINE
CORP

HOMETOWN TILE &
STONE

TACOS EL AUTLENSE
TITA

THE PROTEIN PIT
STOP

ON THE GRIND

DAVIDS WALLPAPER

SERVICE A

PARTNERSHIP

TOTALENERGIES

DISTRIBUTED

GENERATION US

DESSERT EUROPEAN
BAKERY
1310267-08-Nov2024
1309494-08-Nov2024
1309421-08-Nov2024
1309420-08-Nov2024
1309314-08-Nov2024
1308739-08-Nov2024
1308445-08-Nov2024
1308294-08-Nov2024
1308105-08-Nov2024
1307446-08-Nov2024
1307314-08-Nov2024
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 381 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 6
PO
NUMBER
604922
604923
604924
604925
604926
604927
604928
604929
604930
604931
604932

CK MASSAGE

CITY OF ACTION PET

SUPPLIES LLC

CARQUEST OF

MODESTO

NEW ERA ELECTRIC

CLARA NOSEK

NUTRITION

ARMESTOS

MAINTENANCE

GUERILLA JIU JITSU

ACADEMY

EVERGREEN

ENGINEERING &

EXCAVATION INC
SVELTE

BODYSHAPING

T STYLEZ

AMERICAN AUTO
CENTER

REGISTRATION SERVI
1307273-08-Nov2024
1307041-08-Nov2024
1306235-08-Nov2024
1306102-08-Nov2024
1305969-08-Nov2024
1305797-08-Nov2024
1305520-08-Nov2024
1305003-08-Nov2024
1303371-08-Nov2024
1303121-08-Nov2024
1303060-08-Nov2024
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 382 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 7
PO
NUMBER
604933
604934
604935
604936
604937
604938
604939
604940
604941
604942
604943
604944

JAO MOVEMENT LLC

MODESTO SUKIYAKI

CARING HANDS A

RESIDENTIAL

FACILITY

FLIP FLOP SHOP

GERMAN'S AUTO
REPAIR

FRESH N FITTED

NORTHERN

CALIFORNIA CANCER
CENTER

SERENITY SPA

DAVIS, MICHAEL

TERRELL

CONWAY, LYNDSAY
JEAN

MATUTE, JODIE

JACK CRIST
1302812-08-Nov2024
1301079-08-Nov2024
1301022-08-Nov2024
1299561-08-Nov2024
1298108-08-Nov2024
1292912-08-Nov2024
1285798-08-Nov2024
1310799-08-Nov2024
13-14400
13-002058
10-98274
000049693-05-
Nov-2024
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
01-NOV-24
01-NOV-24
01-NOV-24
05-NOV-24
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00

65.00 50.00
113.65
1,567.26
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00

65.00 50.00
113.65
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 383 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 8
PO
NUMBER
604944
604945
604946
604947
604948
604949
604950
604951
604952
604953
604954
604955
604956
604957

JACK CRIST

RICHARD BRANER

DELORES MILLER

BOYD, BYFORD LEE

FISHER, KATHRYN

SALAIZA, JOSE LUIS

GUTIERREZ

BUCK, ERIC

KILGORE, MYRON

LEATHERBARROW,

KATHLEEN
SHAILA

CHRISOFFERSON

CHRISTY

BETANCOURT

MARIO GUZMAN

DAVID BUSBY

VIDHU MEHRA
000058167-04-
Nov-2024
000050047-04-
Nov-2024
24-012543
24-011412
24-007598
21-024880
20-28247
1303847
20124
FA-6626
FA-7579
FA-7760
FA-7863
04-NOV-24
04-NOV-24
01-NOV-24
01-NOV-24
01-NOV-24
01-NOV-24
01-NOV-24
01-NOV-24
04-NOV-24
06-NOV-24
30-OCT-24
30-OCT-24
30-OCT-24
195.60
244.02

48.05 307.00
251.00
2,550.00
472.00
180.00
145.00
323.00
1,099.50
100.00
337.50
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
1,567.26
195.60
244.02

48.05 307.00
251.00
2,550.00
472.00
180.00
145.00
323.00
1,099.50
100.00
337.50
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 384 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 9
PO
NUMBER
604957
604958
604959
604960
604961
604962
604963
604964
604965
604966
604967
604968
604969

VIDHU MEHRA

DALE SWAN

SAMANTHA JONES

JON SEIFERT

TREVIN WALLACE
BARBER

STEPHANIE SIPES

JUAN CARLOS

ESPINOZA PIMENTEL

SERGIO GUTIERREZ

JEREMY FUHRMAN

RHONDA CORWIN

THOM TORVEND
SBE LP

KENNETH ROBERTS
FA-7587-1
FA-7680
1145333436-
600729-8108
551863-42654-
04-Nov-2024
606655-116970-
01-Nov-2024
604623-134342-
01-Nov-2024
573101-134326-
01-Nov-2024
439223-29582-
01-Nov-2024
232655-90092-
01-Nov-2024
608873-33414-
07-Nov-2024
607297-22940-
07-Nov-2024
30-OCT-24
30-OCT-24
24-OCT-24
23-OCT-24
04-NOV-24
01-NOV-24
01-NOV-24
01-NOV-24
01-NOV-24
01-NOV-24
07-NOV-24
07-NOV-24
227.75
200.00
200.00
200.00

94.20 66.91

49.99 9.90

58.29 801.45
287.44
154.56
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
227.75
200.00
200.00
200.00

94.20 66.91

49.99 9.90

58.29 801.45
287.44
N/A
N/A
287706
287706
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 385 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 10
PO
NUMBER
604969
604970
604971
604972
604973
604974
604975
604976
604977
604978
604979
604980

KENNETH ROBERTS

ARBITRAGE HOMES
LLC

GRACE J FIELDER

RICHARD S HUKING

PEDRO ANTONIO
AVELAR

BRITTANY M

HILLMAN

NASSIMI FAMILY,
LLC.

JUSTIN DUGUAY

GUOSEN FANG

ANTONIA ZARAGOZA

DELFINA JIMENEZ

CEDILLO
K2L PROPERTY

MANAGMENT LLC
606805-110910-
07-Nov-2024
602413-5002-07-
Nov-2024
581259-3338-07-
Nov-2024
576873-23090-
07-Nov-2024
557419-1402-07-
Nov-2024
512631-2390-07-
Nov-2024
507665-223826-
07-Nov-2024
459333-83608-
07-Nov-2024
391281-45754-
07-Nov-2024
585477-50492-
04-Nov-2024
585927-92412-
04-Nov-2024
07-NOV-24
07-NOV-24
07-NOV-24
07-NOV-24
07-NOV-24
07-NOV-24
07-NOV-24
07-NOV-24
07-NOV-24
04-NOV-24
04-NOV-24
135.01

65.97 63.90
125.00

5.19 22.47
144.63
145.68

88.46 44.84

91.44 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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
154.56
135.01

65.97 63.90
125.00

5.19 22.47
144.63
145.68

88.46 44.84

91.44 N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 386 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 11
PO
NUMBER
604980
604981
604982
604983
604984
604985
604986
604987
604988
605156
605157
605158
K2L PROPERTY

MANAGMENT LLC

FERNANDO J

ALVAREZ

MARISSA J

HERNANDEZ

NAZIR KIKHIA

PRAUS HOLDINGS LLC
DIRT DYNASTY, INC.

FAST TRACK

ESTATE OF KEVIN
SILVA

JERONIMO VARGAS

VALENCIA
STANISLAUS COPUBLIC WORKS
VALROY

CONSTRUCTION INC
FOTIOS

HARALAMBOUS
602037-124730-
04-Nov-2024
602085-11968-
04-Nov-2024
602319-79910-
04-Nov-2024
603815-3828-04-
Nov-2024
588001-154906-
05-Nov-2024
270709-108688-
07-Nov-2024
264615-104836-
07-Nov-2024
603157-117586-
05-Nov-2024
000046663-12-
Nov-2024
1294418R-110524
1143198R-110524
04-NOV-24
04-NOV-24
04-NOV-24
04-NOV-24
05-NOV-24
07-NOV-24
07-NOV-24
05-NOV-24
12-NOV-24
08-NOV-24
08-NOV-24

1.89 18.71
231.45
117.30
851.33

10.82 35.00
105.06

43.74 2,003.36
242.34
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

1.89 18.71
231.45
117.30
851.33

10.82 35.00
105.06

43.74 2,003.36
242.34
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 387 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 12
PO
NUMBER
605158
605159
605160
605161
605162
605163
605164
605165
605166
605167
605168
605169
605170
FOTIOS

HARALAMBOUS

RANDY FISHER

MARIA MADRIGAL

CHRISTA READY

LUCIA SIANEZ

NANERA ADAMS

MARCIA LIMON

IRVIN NAJERA

ERIC WOLFE

MARK JOHNSON

CLIFFORD BENCH REV
TRUST

LEKHRAM NATH

ESTEFANIA GARCIA
FA-7368
FA-7821
FA-7605
6947-00053-
01304

TOILETREBATE
2024-11-00590
6601-00003-
03587
1144001247
WM78572651
4209-1662-13-
Nov-2024
608889-50790-
14-Nov-2024
606051-125280-
08-Nov-2024
06-NOV-24
06-NOV-24
06-NOV-24
28-OCT-24
28-OCT-24
22-OCT-24
26-OCT-24
03-NOV-24
30-OCT-24
13-NOV-24
14-NOV-24
08-NOV-24
517.00
275.00
209.00

99.00 400.00
200.00
100.00
200.00
200.00

44.44 253.15

45.39 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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
517.00
275.00
209.00

99.00 400.00
200.00
100.00
200.00
200.00

44.44 253.15

45.39 N/A
N/A
N/A
288010
288135
288134
288010
288134
288134
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 388 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 13
PO
NUMBER
605170
605171
605172
605173
605174
605175
605176
605177
605178
605179
605180
605181

ESTEFANIA GARCIA

LUZ RODRIGUEZ

SAMANTHA BURNS

RUSSELL WILLIAMS
SR

FERNANDO LINARES

RIMON HORMEZ

JOSEPH ATINSKY

N SINGH PETROLEUM

ETHEL K HURST
TRUST

JOSEPH MONKHOUSE

JACK H AND

JACQUELINE BROWN
BLANCA

COVARRUBIAS
605915-10572-
08-Nov-2024
587173-18892-
08-Nov-2024
579717-36894-
08-Nov-2024
562729-109376-
08-Nov-2024
549113-56562-
08-Nov-2024
475863-67656-
08-Nov-2024
471551-94190-
08-Nov-2024
31895-12720-08-
Nov-2024
518125-51476-
21-Oct-2024
442775-94164-
14-Nov-2024
577273-112542-
14-Nov-2024
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
08-NOV-24
21-OCT-24
14-NOV-24
14-NOV-24
198.63

19.12 95.22

16.82 23.21

30.23 161.42

5.11 177.30

87.37 64.60
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:

TOTAL FOR CHECK:
198.63

19.12 95.22

16.82 23.21

30.23 161.42

5.11 177.30

87.37 64.60
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 389 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 14
PO
NUMBER
605181
605182
605523
605524
605525
605526
605527
605528
605529
605530
605531
605532
605533
605534
BLANCA

COVARRUBIAS

E Z SMITH

MARK HODGES

KARIM MAJIDI

RADU, IOAN

FERRER, GIANLUCA

DANIELA DUMAS
TRADER JOES #9

DONOVAN

HICKERSON

ALEX MEZA

KELLY SEIBEL
F. LASORSA

ENTERPRISE
295897-122990-
12-Nov-2024
MP24-020555
PW201103666
000039693-20-
Nov-2024
22-017741RADU
22-017741
1311222R-111824
1129320R-111824
PW201104877
PW201103777
ADPPNOVEMBER2024
G412793
G411954
12-NOV-24
22-NOV-24
15-NOV-24
20-NOV-24
18-NOV-24
18-NOV-24
18-NOV-24
18-NOV-24
15-NOV-24
15-NOV-24
21-NOV-24
15-NOV-24
15-NOV-24
164.99

85.00 51.00
129.00
7,261.00
12,156.50

47.75 4,274.00

51.00 96.00
3,081.93

10.00 67.00
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
164.99

85.00 51.00
129.00
7,261.00
12,156.50

47.75 4,274.00

51.00 96.00
3,081.93

10.00 N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 390 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 15
PO
NUMBER
605534
605535
605536
605537
605538
605539
605540
605541
605542
605543
605544
605545
605546

ENTERPRISE

MOBILITY-EAN SVC
LLC

KIMBERLY MEDRANO

KIMBERLY MEDRANO

KENNETH STUART

RYLEE GREGG

CHANEL GREEN

KATHRYN LOUISE

HALL-BOYER

JONATHAN DEL
VALLE

JOHN KAPENEKAKIS

RICHARD WHATLEY

KATRINA

STOUGHTENBOROUG
H

EDWARD G HANKS

RICHARD SEVILLANO
G412753
G412754
G412776
21251
FA-7464
479607-4062
6601-00002-
50340
6601-00052-
583049
1109913148
32389-12896
75674
82977
15-NOV-24
15-NOV-24
15-NOV-24
19-NOV-24
13-NOV-24
25-SEP-24
25-OCT-24
02-NOV-24
05-NOV-24
06-NOV-24
06-NOV-24
07-NOV-24

44.00 44.00

5.00 300.00
275.00
2,727.50

99.00 200.00
200.00
768.00
300.00
200.00
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

67.00 44.00

44.00 5.00
300.00
275.00
2,727.50

99.00 200.00
200.00
768.00
300.00
200.00
N/A
N/A
N/A
N/A
N/A
288429
288428
288428
288689
288671
288686
288689
Attachment 2, Refund Checks
#14..
- 391 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 16
PO
NUMBER
605547
605548
605549
605550
605551
605552
605553
605554
605555
605556
605557
605558

ANTHONY BEAN

KATHRYN PRESLEY

CHARLES JOHNSON II

STEVEN COX

VINCENT HODGES

INVESTMENTS LLC

PINNACLE
JOSE M LOPEZCARRERA

VSS INTERNATIONAL

TERESA CRUZ

LYAN A COLLINS
NEVITT 2007 TRUST

SHYLA FORD
66010005114590
579558
0673971886
399273-65274-
18-Nov-2024
515591-79086-
18-Nov-2024
600653-46340-
15-Nov-2024
575083-83550-
15-Nov-2024
533123-235124-
15-Nov-2024
525497-46280-
15-Nov-2024
593385-72364-
18-Nov-2024
424257-38320-
19-Nov-2024
579807-62876-
19-Nov-2024
12-NOV-24
11-NOV-24
10-NOV-24
18-NOV-24
18-NOV-24
15-NOV-24
15-NOV-24
15-NOV-24
15-NOV-24
18-NOV-24
19-NOV-24
19-NOV-24
100.00
200.00
200.00
168.00

10.80 26.19
291.85
883.22
369.74
167.03

29.27 45.71
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
100.00
200.00
200.00
168.00

10.80 26.19
291.85
883.22
369.74
167.03

29.27 288688
288689
288689
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 392 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 17
PO
NUMBER
605558
605559
605560
605561
605562
605563
605564
605565
605566
605567
605568
605569

SHYLA FORD

TOMI NICHOLE
WILSON

ROSA E ZARCO
HUATO

CAMPANELLA

CORPORATION

LAVERNE M COSTA

LIFE TRUST

LENA F RAMIREZ

JOSE A BOLANOS

CARRILLO

OCTAVIO LOPEZ

SHARON FARMER

CAROL E LEVERING

CERAMIC GARAGE
INC

RAHEL BEZA
594073-53594-
19-Nov-2024
598195-123170-
19-Nov-2024
606257-236860-
19-Nov-2024
26383-10326-20-
Nov-2024
307021-129466-
20-Nov-2024
553791-194356-
20-Nov-2024
361531-44176-
21-Nov-2024
531151-90908-
21-Nov-2024
590811-38190-
21-Nov-2024
599151-208496-
21-Nov-2024
601023-236664-
21-Nov-2024
19-NOV-24
19-NOV-24
19-NOV-24
20-NOV-24
20-NOV-24
20-NOV-24
21-NOV-24
21-NOV-24
21-NOV-24
21-NOV-24
21-NOV-24
160.72

88.09 480.36
121.16

16.43 26.86
154.23

89.64 198.96

55.30 187.21
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

45.71 160.72

88.09 480.36
121.16

16.43 26.86
154.23

89.64 198.96

55.30 187.21
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 393 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 18
PO
NUMBER
605569
605570
605571
605572
605573
605838
605839
605840
605841
605842
605843
605844
605845
605846

RAHEL BEZA

DERRICK W MADDOX

ESTATE OF FRANK
FUSCO

MORA REAL ESTATE

INVESTMENTS

MARIA PINEDA

JAMAL AHMED

A R B INC

ARIANA CAMACHO

GALLEGOS

HANNAH DOMINGUEZ

MURPHY PHILIPS

DANI'S HIDEOUT

NADINE LOPEZ

LINDEN STEEL &

CONSTRUCTION INC

JAMAL AHMED
602049-208216-
21-Nov-2024
60417-24092-21-
Nov-2024
608023-117016-
21-Nov-2024
276379-314-18-
Nov-2024
20-27132-2
1292748R
ARIANAOCT24
HANNAHOCT24
MURPHYSEP24
1311223REFUND
24-012833
1277388R
20-27132
21-NOV-24
21-NOV-24
21-NOV-24
18-NOV-24
26-NOV-24
14-NOV-24
22-NOV-24
22-NOV-24
22-NOV-24
26-NOV-24
26-NOV-24
14-NOV-24
26-NOV-24
122.62
189.74

98.97 118.56
1,703.00
359.59

30.55 29.88

29.88 180.00

33.30 2,369.16

44.10 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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
122.62
189.74

98.97 118.56
1,703.00
359.59

30.55 29.88

29.88 180.00

33.30 2,369.16
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 2, Refund Checks
#14..
- 394 -
Bank: BMO BMO Main
Branch
Branch: BMO Main
Account AP C
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 19
PO
NUMBER
Total: 217 100,883.33
605846
605847
605848
605849
605850
605851
605852

JAMAL AHMED

DOLORES NEMANIC

CARA DUNN

DANIEL GAO

ALEXANDRA GIL

MENDOZA

MICHAEL WHITELEY

NAZIR KIKHIA
39689-22640
442019-22638
362465
H1842-317161
476735-133720-
25-Nov-2024
602319-79910-
25-Nov-2024
12-SEP-24
23-SEP-24
12-NOV-24
13-NOV-24
25-NOV-24
25-NOV-24
1,070.72
730.95
1,088.76
200.00
132.02

22.36 TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

44.10 1,070.72
730.95
1,088.76
200.00
132.02

22.36 289002
289003
289004
289005
N/A
N/A
Attachment 2, Refund Checks
#14..
- 395 -
Bank: BMO BMO Main
Branch
Branch: BMO ACH AP
(Main)
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 1
PO
NUMBER
702361
702362
702363
702364
702365
702366
702367
702368

ALLIANT INSURANCE

SERVICES INC
ATHENS

ADMINISTRATORS

KEMPERSPORTS

ALLIANT INSURANCE

SERVICES INC

BANK OF NEW YORK
MELLON

STANISLAUS

FOUNDATION

BMO HARRIS BANK
N.A.

BMO HARRIS BANK
N.A.
12558
REQUEST #036
OCT 31 2024
12530
437865-NOV2024
437134-NOV2024
53692
PCGIRONOCT202
4 PCVILLEGASOC
T2024
PC1649051.1
PC1650035.1
PC1649033.1
PC1650037.1
PC1650038.1
PC1650000.1
PC1650045.1
PC1650031.1
PC1649042.1
PC1650032.1
PC1650043.1
PC1650026.1
PC1650002.1
04-NOV-24
04-NOV-24
04-NOV-24
15-SEP-24
07-NOV-24
07-NOV-24
07-NOV-24
12-NOV-24
12-NOV-24
30-SEP-24
28-OCT-24
16-OCT-24
29-OCT-24
08-OCT-24
21-OCT-24
30-OCT-24
18-OCT-24
25-OCT-24
19-OCT-24
26-OCT-24
30-OCT-24
28-OCT-24
9,871.76
296,523.04
91,782.00
9,541.20
70,367.28
88,331.80
61,690.43

26.06 141.60

8.87 140.02

70.65 306.80

9.49 655.81
1,337.17
170.03
161.65
437.55
3,774.94

0.27 275.11
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
9,871.76
296,523.04
91,782.00
9,541.20
158,699.08
61,690.43
167.66
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 3, Vendor ACHs
#14..
- 396 -
Bank: BMO BMO Main
Branch
Branch: BMO ACH AP
(Main)
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 2
PO
NUMBER
702368 BMO HARRIS BANK
N.A.

PC1650050.1
PC1649128.1
PC1649067.1
PC1649091.1
PC1650003.1
PC1650030.1
PC1649986.1
PC1650069.1
PC1650072.1
PC1650070.1
PC1648995.1
PC1649108.1
PC1649066.1
PC1649157.1
PC1649152.1
PC1650078.1
PC1650074.1
PC1650080.1
PC1650081.1
PC1650023.1
PC1650019.1
PC1650065.1
PC1650025.1
PC1650100.1
PC1649112.1
PC1648992.1
PC1649005.1
PC1648986.1
PC1649124.1
PC1649156.1
PC1649109.1
PC1649104.1
PC1649036.1
PC1649153.1
27-OCT-24
30-OCT-24
19-OCT-24
10-OCT-24
15-OCT-24
23-OCT-24
25-OCT-24
25-OCT-24
29-OCT-24
23-OCT-24
16-OCT-24
11-OCT-24
18-OCT-24
29-OCT-24
30-OCT-24
24-OCT-24
21-OCT-24
24-OCT-24
21-OCT-24
23-OCT-24
24-OCT-24
20-OCT-24
23-OCT-24
11-OCT-24
30-OCT-24
24-OCT-24
09-OCT-24
14-OCT-24
11-OCT-24
26-OCT-24
30-OCT-24
28-OCT-24
23-OCT-24
21-OCT-24
3,495.41
275.55
996.00
1,572.32
961.89
7,303.47
1,314.68
7,757.16
-203.97

64.24 1,766.89
112.32
6,357.05
3,705.90
480.66
812.28
2,097.94
4,497.46
856.00
1,738.00
2,461.26
2,844.14
826.93
1,554.54
2,440.92
391.98

24.67 4,585.96
5,480.98
422.50
16,218.36

12.99 2,641.89
444.85
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 3, Vendor ACHs
#14..
- 397 -
Bank: BMO BMO Main
Branch
Branch: BMO ACH AP
(Main)
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 3
PO
NUMBER
702368 BMO HARRIS BANK
N.A.

PC1648989.1
PC1649147.1
PC1649003.1
PC1649034.1
PC1649073.1
PC1649114.1
PC1649016.1
PC1649038.1
PC1649039.1
PC1648999.1
PC1649088.1
PC1648993.1
PC1649064.1
PC1649115.1
PC1649050.1
PC1649116.1
PC1649102.1
PC1649072.1
PC1649117.1
PC1649058.1
PC1649080.1
PC1649118.1
PC1649046.1
PC1649113.1
PC1649120.1
PC1649047.1
PC1649111.1
PC1649009.1
PC1649028.1
PC1648994.1
PC1649979.1
PC1648976.1
PC1649085.1
PC1649081.1
28-OCT-24
08-OCT-24
12-OCT-24
29-SEP-24
29-OCT-24
28-OCT-24
24-OCT-24
23-OCT-24
07-OCT-24
17-OCT-24
29-OCT-24
09-OCT-24
11-OCT-24
23-OCT-24
18-OCT-24
25-OCT-24
21-OCT-24
26-OCT-24
16-OCT-24
28-OCT-24
04-OCT-24
23-OCT-24
14-OCT-24
13-OCT-24
22-OCT-24
29-OCT-24
25-OCT-24
16-OCT-24
15-OCT-24
29-OCT-24
29-OCT-24
16-OCT-24
16-OCT-24
23-OCT-24
131.93

53.38 801.67
534.89
4,121.25
1,427.50
217.40
177.83

62.04 656.26
298.21
290.18
106.53

40.63 1,244.69
1,187.40
277.04
11,201.81
108.84
7,809.75

55.07 190.90
1,885.89

25.00 53.87

12.99 1,535.00
3,848.81
770.00
1,199.82
8,667.90
355.83
1,004.31
461.25
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 3, Vendor ACHs
#14..
- 398 -
Bank: BMO BMO Main
Branch
Branch: BMO ACH AP
(Main)
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 4
PO
NUMBER
702368 BMO HARRIS BANK
N.A.

PC1649135.1
PC1648990.1
PC1649121.1
PC1649069.1
PC1649022.1
PC1649031.1
PC1649154.1
PC1649976.1
PC1649122.1
PC1649024.1
PC1649001.1
PC1649070.1
PC1649155.1
PC1649030.1
PC1649086.1
PC1649143.1
PC1649099.1
PC1648987.1
PC1649132.1
PC1648997.1
PC1649048.1
PC1649983.1
PC1649980.1
PC1650009.1
PC1649987.1
PC1650006.1
PC1650004.1
PC1649990.1
PC1650007.1
PC1649994.1
PC1650008.1
PC1649995.1
PC1650011.1
PC1649989.1
25-OCT-24
29-OCT-24
09-OCT-24
23-OCT-24
28-OCT-24
21-OCT-24
16-OCT-24
18-OCT-24
21-OCT-24
30-OCT-24
29-OCT-24
09-OCT-24
29-OCT-24
30-OCT-24
30-OCT-24
30-OCT-24
10-OCT-24
17-OCT-24
18-OCT-24
21-OCT-24
01-OCT-24
28-OCT-24
29-OCT-24
29-OCT-24
27-OCT-24
28-OCT-24
19-OCT-24
25-OCT-24
02-OCT-24
29-OCT-24
29-OCT-24
22-OCT-24
05-OCT-24
22-OCT-24
1,696.38
2,285.41
2,576.91
355.66
803.51
3,463.43

49.71 4,954.70
438.97
644.51
2,581.40
638.53
1,703.50
1,545.23
3,542.08

53.66 904.56
1,254.98
2,247.16
691.83
129.60
597.17
2,296.98
3,727.31
778.03
1,506.89
1,628.61
1,073.57
274.38
739.37
2,573.45
325.36
2,089.85
131.47
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 3, Vendor ACHs
#14..
- 399 -
Bank: BMO BMO Main
Branch
Branch: BMO ACH AP
(Main)
Account:

CHECK
NUMBER
VENDOR

NAME SITE INVOICE NUMBER

INVOICE
DATE

PAYMENT
AMOUNT
** CITY OF MODESTO **
REPORT ID: COMAPCHKREG.rdf PAYMENT CHECK REGISTER
18-DEC-24 Page: 5
PO
NUMBER
Total: 142 4,533,562.69
702368
702369
702370
702371
702372
702373
702374

BMO HARRIS BANK
N.A.

MODESTO HOMEKEY,
LP

NATIONWIDE

CALPERS FISCAL

SERVICES

STANISLAUS

FOUNDATION

MODESTO

IRRIGATION DISTRICT

BANK OF AMERICA

NEW YORK
PC1649996.1
PC1649984.1
PC1649982.1
PC1650016.1
PC1650010.1
PC1649999.1
PC1650027.1
PC1650039.1
PC1650033.1
DRAW #07
DRAW#7
NOVEMBER 2024
100000017742432
53712
155049
155050
51513754-
NOV2024
50972649-
NOV2024
15-OCT-24
23-OCT-24
10-OCT-24
30-OCT-24
05-OCT-24
30-OCT-24
03-OCT-24
29-OCT-24
23-OCT-24
16-OCT-24
16-OCT-24
19-NOV-24
14-NOV-24
14-NOV-24
26-NOV-24
26-NOV-24
27-NOV-24
27-NOV-24

35.90 7.51
148.93
9,290.97
1,893.56
1,271.00
479.05
132.36
208.51
694,387.11
391,767.88
892.11
254,196.48
34,460.33
1,597,411.00
701,070.00
13,302.26
9,550.95
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
208,249.40
1,086,154.99
892.11
254,196.48
34,460.33
2,298,481.00
22,853.21
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
288386
288387
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Attachment 3, Vendor ACHs
#14..
- 400 -
Bank: BMO BMO Main
Branch
Branch: BMO 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
18-DEC-24 Page: 1
PO
NUMBER
817486
604677
604678
604679
604680
604681
604682
604683
604684
604685
604686
604687

FRONTIER

COMMUNICATIONS

SOLUTIONS
1ST SECURITY AND
SOUND, INC.
911 SAFETY

EQUIPMENT LLC

A & L WESTERN

AGRICULTURAL

A-Z BUS SALES, INC

ACCESS DOOR WORKS

ACRO SERVICE CORP

AERC RECYCLING

SOLUTIONS - A

CLEAN EART

ALL SEASON LAWN

LANDSCAPING

ALLIED UNIVERSAL

SECURITY SERVICES
ALTA PLANNING +
DESIGN

AMERICA'S AUTO
OCT-2024
OCT-2024
0246169
54726
AL104503
INVSAC25607
2024-10-02-2
2389891
I2404038
11374
16255388
16255389
16232687
16221361
16235051
16235074
304.0002024.055-4
5405
15-OCT-24
15-OCT-24
01-OCT-24
01-JAN-22
18-OCT-24
04-OCT-24
02-OCT-24
13-OCT-24
27-JUL-24
30-SEP-24
10-OCT-24
10-OCT-24
03-OCT-24
06-OCT-24
03-OCT-24
03-OCT-24
17-OCT-24
14-OCT-24
-238.69
238.69
255.00
6,885.00
125.00
288.67
1,879.92
1,858.40
11,706.34
6,873.02
520.80
452.60
1,388.80
5,127.98
297.60
297.60
57,393.02
382.66
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

0.00 255.00
6,885.00
125.00
288.67
1,879.92
1,858.40
11,706.34
6,873.02
8,085.38
57,393.02
N/A
N/A
287242
286889
287416
287577
284351
287724
287330
287235
287311
287312
287224
286828
287393
287392
287391
287326
Attachment 4, Vendor Checks
#14..
- 401 -
Bank: BMO BMO Main
Branch
Branch: BMO 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
18-DEC-24 Page: 2
PO
NUMBER
604687
604688
604689
604690
604691
604692
604693
604694
604695
604696
604697
604698
604699
604700

AMERICA'S AUTO
GLASS

AMERICAN

ASSOCIATION OF

ANGELO KILDAY &

KILDUFF LLP

ASCAP AMERICAN

SOCIETY OF

ASSETWORKS INC
AUDITORCONTROLLER

BADGER METER

BEARD LAND

IMPROVEMENT

BENZ AIR

ENGINEERING

BERTOLOTTI CERES
DISPOSAL, INC.

BERTOLOTTI

MODESTO DISPOSAL

BERTOLOTTI

MODESTO DISPOSAL

BERTOLOTTI

MODESTO DISPOSAL

BERTOLOTTI

MODESTO DISPOSAL
1153934
45149
25-OCT-2024
SIN011225
3985
1689189
94307
Nov1-Rent
AWF100224
1297935
1298311
1298629
1298577
1298160
23-OCT-24
30-SEP-24
25-OCT-24
30-SEP-24
28-OCT-24
11-OCT-24
29-OCT-24
16-OCT-24
02-OCT-24
30-SEP-24
30-SEP-24
30-SEP-24
30-SEP-24
30-SEP-24
275.00
3,426.53
2,783.89
440.00
1,854.50
41,671.14
8,369.00
6,703.62
694.89

96.47 292.61
222.34
645.44
877.84
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
382.66
275.00
3,426.53
2,783.89
440.00
1,854.50
41,671.14
15,072.62
694.89

96.47 292.61
222.34
645.44
877.84
287457
287377
287208
286883
N/A
282030
287107
287338
287634
287455
287361
287353
287225
287356
Attachment 4, Vendor Checks
#14..
- 402 -
Bank: BMO BMO Main
Branch
Branch: BMO 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
18-DEC-24 Page: 3
PO
NUMBER
604700
604701
604702
604703
604704
604705
604706
604707
604708
604709
604710
604711
604712

BERTOLOTTI

MODESTO DISPOSAL

BERTOLOTTI

MODESTO DISPOSAL

BERTOLOTTI

MODESTO DISPOSAL

BERTOLOTTI

MODESTO DISPOSAL

BKS LAW FIRM (FKA

BARTKIEWICZ

KRONICK &

BOYETT PETROLEUM

CALIF HEALTH &
SAFETY

CALIFORNIA
MATERIALS INC.

CALIFORNIA WATER

ENVIRONMENT ATTN
TCP

CALIFORNIA WATER

ENVIRONMENT ATTN
TCP

CAROLLO ENGINEERS

CASA-COURT

APPOINTED

CENCAL AUTO &

TRUCK PARTS
1298031
1297970
1291002
8510-000609-24
CL-348974
24-473CALB
24-472CALB
62743
62662

STEVENBFLAKE

RUSSELLKYLEG
UDINO
FB57633
FB55806
Q1INV.
053735
30-SEP-24
30-SEP-24
30-AUG-24
10-OCT-24
21-OCT-24
03-SEP-24
03-SEP-24
30-SEP-24
28-SEP-24
08-OCT-24
04-OCT-24
21-OCT-24
10-SEP-24
25-OCT-24
28-OCT-24
219.42
146.31
797.47
3,416.20
41,136.94
811.43
1,091.37
2,384.00
2,384.00
111.00
239.00
50,804.75
63,951.37
29,138.70
1,741.80
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:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
219.42
146.31
797.47
3,416.20
41,136.94
1,902.80
4,768.00
111.00
239.00
114,756.12
29,138.70
287355
287357
287011
287211
287331
287454
287453
286932
286929
287197
287198
263484
263484
N/A
287644
Attachment 4, Vendor Checks
#14..
- 403 -
Bank: BMO BMO Main
Branch
Branch: BMO 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
18-DEC-24 Page: 4
PO
NUMBER
604712
604713
604714

CENCAL AUTO &

TRUCK PARTS

CENTRAL VALLEY

PRINTING

CITY TOW
053693
358937
053032
053314
053319
053332
052854
052967
053148
053214
053546
053653
053670
053738
2328
2321
2329
1587
1586
1538
1536
1532
1533
1534
1535
1537
1589
1559
1560
1561
1562
28-OCT-24
10-OCT-24
16-OCT-24
21-OCT-24
21-OCT-24
22-OCT-24
14-OCT-24
16-OCT-24
18-OCT-24
19-OCT-24
24-OCT-24
25-OCT-24
26-OCT-24
28-OCT-24
23-OCT-24
14-OCT-24
23-OCT-24
30-JUN-24
29-JUN-24
27-AUG-24
27-AUG-24
21-AUG-24
25-AUG-24
25-AUG-24
27-AUG-24
27-AUG-24
03-JUL-24
16-JUL-24
16-JUL-24
23-JUL-24
23-JUL-24
1,127.50

38.60 1,536.97
158.64
137.75
102.95
150.25
257.32
172.17
231.74
2,392.85

27.21 115.86

25.37 224.28
721.79
133.37

50.00 50.00

70.00 70.00

50.00 80.00

50.00 50.00

70.00 50.00

50.00 50.00

50.00 50.00
TOTAL FOR CHECK:

TOTAL FOR CHECK:
8,216.98
1,079.44
287644
287686
287686
287686
287686
287686
287600
287600
287600
287600
287600
287644
287644
287644
287440
287186
287439
287565
287565
287531
287531
287531
287531
287531
287531
287531
287560
287560
287560
287560
287560
Attachment 4, Vendor Checks
#14..
- 404 -
Bank: BMO BMO Main
Branch
Branch: BMO 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
18-DEC-24 Page: 5
PO
NUMBER
604714
604715
604716
604717
604718

CITY TOW

CLERK-RECORDER

COMCAST

COMMUNITY

HOUSING AND

SHELTER SERVICES

CRESCENT SUPPLY
1566
1567
1539
1540
1541
1542
1543
1544
1545
1580
1581
1582
1583
1588
LIENRELEASE10
3024
OCT-24-D
2930d
2930d
K23433
072235
423430
432080
K23434
K90747
072254
072192
423424
08-AUG-24
13-AUG-24
27-AUG-24
02-SEP-24
03-SEP-24
03-SEP-24
04-SEP-24
09-SEP-24
09-SEP-24
06-JUN-24
18-JUN-24
21-JUN-24
24-JUN-24
03-JUL-24
30-OCT-24
23-OCT-24
18-OCT-24
18-OCT-24
13-OCT-24
10-OCT-24
13-OCT-24
14-OCT-24
13-OCT-24
14-OCT-24
14-OCT-24
05-OCT-24
14-OCT-24

50.00 50.00

50.00 50.00

50.00 50.00

50.00 50.00

50.00 50.00

50.00 50.00

50.00 50.00
320.00
774.88
-3,132.27
3,132.27
152.41
310.22
152.41

87.09 152.41
203.57
-203.57
215.55
152.41
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
1,490.00
320.00
774.88

0.00 1,222.50
287560
287560
287530
287530
287530
287530
287530
287530
287530
287565
287565
287565
287565
287565
N/A
N/A
N/A
N/A
287183
287182
287184
287302
287181
287304
287304
287303
287246
Attachment 4, Vendor Checks
#14..
- 405 -
Bank: BMO BMO Main
Branch
Branch: BMO 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
18-DEC-24 Page: 6
PO
NUMBER
604718
604719
604720
604721
604722
604723
604724

CRESCENT SUPPLY
DELL

DENAIR LUMBER

DIRECT APPAREL
SOURCE

DOWNTOWN STREETS
INC

DS SERVICES OF

AMERICA INC
DTC

COMMUNICATIONS
10767003386
10777326252
4074053
2111707
4073885
2111785
242529
242528
2005-
EDIINVOCEJUL2
024
20055123101224
22389168101224
22389163101224
22389162101224
22389159101224
22389158101224
20055047 101224
20055227 101224
22801539 101224
20055041 101224
20055081 101224
20055000 101224
21560490 101224
22389157101224
52189
20-AUG-24
16-OCT-24
17-OCT-24
08-OCT-24
15-OCT-24
09-OCT-24
17-OCT-24
17-OCT-24
27-SEP-24
12-OCT-24
24-OCT-24
24-OCT-24
24-OCT-24
24-OCT-24
24-OCT-24
12-OCT-24
12-OCT-24
12-OCT-24
12-OCT-24
12-OCT-24
12-OCT-24
12-OCT-24
24-OCT-24
15-OCT-24
12,317.66
2,330.99
163.26
209.91
815.05
851.03
1,006.46
407.31
11,581.26
558.76
-71.24
-65.24
-83.24
-11.24
-53.24
642.76

2.99 2.99

7.98 2.99

2.99 642.76
-83.24
140.00
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
14,648.65
2,039.25
1,413.77
11,581.26
1,496.78
140.00
281917
286173
287066
287487
287486
287426
285418
285419
N/A
287491
N/A
N/A
N/A
N/A
N/A
287631
287518
287520
287519
287521
287527
287632
N/A
287363
Attachment 4, Vendor Checks
#14..
- 406 -
Bank: BMO BMO Main
Branch
Branch: BMO 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
18-DEC-24 Page: 7
PO
NUMBER
604724
604725
604726
604727
DTC

COMMUNICATIONS
INC

ENNIS-FLINT, INC
(FKA ENNIS TRAFFIC
SAF

FASTENAL COMPANY
INC

FERGUSON

WATERWORKS
286296
286335
CAMOD197760
CAMOD197761
CAMOD197759
CAMOD197777
CAMOD197659
CAMOD197657
CAMOD197776
CAMOD197603
0009145
0012987
0013169-2
1850706-2
15893
0015889
0015816
0015814
0015644
0014955-1
0015575
0014820-1
0014706-2
0014700-2
0014825
0014106-1
0014006-1
0013806-3
0013405-2
07-OCT-24
07-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
18-OCT-24
11-OCT-24
11-OCT-24
18-OCT-24
11-OCT-24
31-OCT-24
18-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
16-OCT-24
-18,079.36
18,747.63
284.53
880.42
679.38
813.32
934.60
685.55
725.60
1,152.95

87.59 8,846.09
1,009.71
3,364.08
328.10

62.39 1,822.12
1,281.54
1,092.88
218.30
240.78
5,825.25
389.43
753.79

89.00 70.12
171.00
1,747.58
416.83
TOTAL FOR CHECK:

TOTAL FOR CHECK:

TOTAL FOR CHECK:
668.27
6,156.35
287398
287398
286473
286603
286481
286803
286281
285808
286592
285808
281493
284377
284519
272442
286594
286610
286593
286619
269132
285864
286284
285671
285407
285408
285673
285292
285181
284923
284691
Attachment 4, Vendor Checks
#14..
- 407 -
Bank: BMO BMO Main
Branch
Branch: BMO 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
18-DEC-24 Page: 8
PO
NUMBER
604727
604728
604729
604730
604731
604732
604733
604734
604735
604736

FERGUSON

WATERWORKS

FINAL CUT MEDIA

FINK ROAD LANDFILL

FITCH & ASSOCIATES
LLC

FLEETPRIDE INC

FOX LOOMIS INC

FRESNO CITY

COLLEGE

FRONTLINE GENERAL

ENGINEERING

CONSTRUCT

GEORGE REED INC
GEORGE W. LOWRY
INC.
0012595-4
1500
6603
23-8412-04
110109805
7965-LA
PC 832 ArrestTrujillo
OCT-24-PP3-
2024-08
OCT24-PP3-
2024-09
OCT24-PP9-
2024-02
100336931
100346732
100346882
100345369
100347191
3276488
3276488
31-OCT-24
28-OCT-24
15-OCT-24
11-SEP-24
23-SEP-24
17-SEP-24
28-OCT-24
24-OCT-24
24-OCT-24
24-OCT-24
01-JUL-24
04-OCT-24
07-OCT-24
23-SEP-24
09-OCT-24
25-OCT-24
25-OCT-24
945.63
18,174.00
16,477.51
18,675.00
1,007.57
55,757.68

84.00 247,039.03
724,022.59
178,052.95
244.50
148.05
1,336.21
226.19
542.15
-1,705.61
1,705.61
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:

TOTAL FOR CHECK:
28,762.21
18,174.00
16,477.51
18,675.00
1,007.57
55,757.68

84.00 247,039.03
904,572.64

0.00 284172
287584
286998
284577
285570
285682
N/A
279249
279239
265063
280304
287273
287271
287272
287554
287585
287585
Attachment 4, Vendor Checks
#14..
- 408 -
Bank: BMO BMO Main
Branch
Branch: BMO 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
18-DEC-24 Page: 9
PO
NUMBER
604737
604738
604739
604740
604741
604742
604743
604744
604745

GILTON RESOURCES

GILTON SOLID WASTE

GOVINVEST INC

GRAINGER INC

GREEN RUBBER

KENNEDY AG LLP

HACH COMPANY

HARRIS BUILDERS

HAVEN WOMENS
CENTER

HAZEN AND SAWYER
00241748
000829138-00N000093024
2024-5682
9278070728
9282039586
9280509184
9280861569
9281826892
9281826876
9270376255
9268798874
9276079606
9265493453
9253519855
M-515641
M-515614
14227109
OCT24-PP11-
2023-14
21974
20082-002-42
30-SEP-24
30-SEP-24
17-SEP-24
10-OCT-24
15-OCT-24
14-OCT-24
14-OCT-24
15-OCT-24
15-OCT-24
03-OCT-24
02-OCT-24
09-OCT-24
30-SEP-24
18-SEP-24
10-OCT-24
10-OCT-24
17-OCT-24
24-OCT-24
24-OCT-24
22-OCT-24
11,009.04

1.88 13,000.00

40.14 404.98
164.93
380.32
430.82
682.97

62.84 322.44
104.45

54.96 542.20

74.90 217.54
1,449.74
128,484.34
7,543.15
810.00
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:
11,009.04

1.88 13,000.00
3,191.05
292.44
1,449.74
128,484.34
7,543.15
810.00
287477
287321
287961
287510
287528
287388
287390
287427
287429
287232
287231
287233
287234
287217
287250
287566
286760
256349
N/A
191279
Attachment 4, Vendor Checks
#14..
- 409 -
Bank: BMO BMO Main
Branch
Branch: BMO 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
18-DEC-24 Page: 10
PO
NUMBER
604745
604746
604747
604748
604749
604750
604751
604752
604753
604754

HAZEN AND SAWYER

HERITAGE FORD INC
HI-TECH E.V.S.

HINDERLITER, DE

LLAMAS &

ASSOCIATES

HSI MECHANICAL

HUNT & SONS, INC
IEH-JL Analytical

IMAGE UNIFORMS

INTEGRATED POWER

SERVICES (FKA

INDUSTRI

J S WEST PROPANE
GAS
5251409
180186
SIN043699
18370
18366
18390
18392
18328
580334
578353
577064
577280
577870
577812
653239
145310
63363
48874
529664
449148
14-OCT-24
14-OCT-24
30-SEP-24
08-OCT-24
04-OCT-24
15-OCT-24
15-OCT-24
20-SEP-24
08-OCT-24
03-OCT-24
30-SEP-24
01-OCT-24
01-OCT-24
01-OCT-24
17-OCT-24
26-SEP-24
27-AUG-24
17-OCT-24
22-OCT-24
21-OCT-24
1,011.36
975.07
4,125.00
552.32
440.00
1,502.16
1,502.16
3,209.28
878.62
1,616.79
331.91
3,492.95
4,267.74
820.05
275.00
380.34
2,772.84