Modesto City Council
August 12, 2025

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MODESTO CITY COUNCIL
www.modestogov.com
AGENDA
City of Modesto

CITY COUNCIL MEETING
Chambers, Basement Level
Tenth Street Place, 1010 10th Street
Modesto, California
Tuesday, August 12, 2025 at 5:30 PM
Roll Call - Councilmembers Alvarez, Bavaro, Escutia-Braaton, Ricci, Williams, Wright, Mayor Zwahlen
* Public Comment will only be in-person. Members of the public who wish to address the Council, by providing public comment, during the meeting must do so in-person in the Council Chambers.

As an alternative, members of the public may also provide written public comment submitted via email as indicated in the Submitting Comments by Email instructions on this agenda. Zoom will still be available for viewing and Wordly translation.
*Members of the public will be allowed to provide public comment through Zoom if a Councilmember is participating remotely pursuant to the provisions of Assembly Bill 2449. *Effective March 1, 2023, if a technical issue arises with Zoom or the phone dial-in option, the Council meeting will continue unless the meeting is being held pursuant to the provisions of Assembly Bill 2449. Alternative viewing options are listed below, and the meeting is physically open to the public.
“Wordly” can translate into 25+ different languages! To access written translation during the meeting, please scan the QR Code or click this link https://attend.wordly.ai/join/RJDY-6364.
"Wordly" puede traducir a más de 25 idiomas diferentes! Para acceder a la traducción durante la reunión, por favor escanee el código QR o haga clic en el enlace https://attend.wordly.ai/join/RJDY-6364.
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You may observe a livestream of the meeting at http://media.modestogov.com. You may also view or listen to the meeting as indicated below.

THE MEETING CAN BE VIEWED BY ZOOM VIDEO

CONFERENCING OR TELEPHONE
Joining the City Council meeting via Zoom
The City of Modesto is now offering the ability to view Council meetings via telephonic conferencing via “Zoom” video conferencing computer technology. The meeting may be accessed through the use of Zoom using the following options:
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Joining the City Council meeting via Telephone
If you don’t have a smart phone or computer to access the meeting via Zoom, you can listen by phone, by calling 1-877-853-5257 (Toll Free) or 1-888-475-4499 (Toll Free) and enter the Webinar ID: 958 9549 7651 Passcode: 84326

SUBMITTING COMMENTS BY E-MAIL
Written comments may be submitted via email to: [email protected] (include Agenda Item Number in the subject line). All comments will be shared with the Councilmembers and placed in the record but will not be read aloud during the meeting. Written comments must be received two hours before the meeting.

This Agenda is on file in the City Clerk’s Office, Sixth Floor, 10th Street Place, Posting Board at entry of 10th Street Place, and is available on the City’s Web site at www.modestogov.com.

Materials related to an item on this Agenda submitted to the Council after distribution of the agenda packet are available for public inspection in the Clerk’s office during normal business hours. Such documents are also available online, subject to staff’s ability to post the documents before the meeting, at the following website https://www.modestogov.com/council-meetings In accordance with the requirements of Title II of the Americans with Disabilities Act (“ADA”) of 1990, the Fair Employment & Housing Act (“FEHA”), the Rehabilitation Act of 1973 (as amended), Government Code section 11135 and other applicable codes, the City of Modesto (“City”) will not discriminate against individuals on the basis of disability in the City’s services, programs, or activities. For more information, please visit the City of Modesto website at https://www.modestogov.com/865/Americans-with-Disabilities-Act-ADA - 2 -
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In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the City Clerk (209) 577-5396. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this meeting.

Pledge of Allegiance to the Flag
Invocation: John Torres, City Ministry Network
City Clerk’s Announcements
Declaration of Conflicts of Interest
Reports from Closed Session

ACKNOWLEDGEMENTS AND PRESENTATIONS

1. Proclamation declaring August 12, 2025 as International Youth Day. (Funding Source:

Not Applicable)
CITY COUNCIL; Breanna Griffin, 209-577-5421, [email protected]

2. Youth Commission Presentation (Funding Source: Not Applicable) PRN; Valerie Garcia, 209-571-5576, [email protected]

MISCELLANEOUS
Legislation, Appointments, Other

3. Consider approving the appointments of Lupe Hodges, Abigail Powers, and Jennifer Aoyama to the Modesto Culture Commission for four-year terms with a term expiration of December 31, 2028. (Funding Source: Not Applicable) Staff Recommendation:
 Resolution approving the appointments of Lupe Hodges, Abigail Powers, and Jennifer Aoyama to the Modesto Culture Commission for four-year terms with a term expiration of December 31, 2028.

PRN; Diane Sheatsley, 209-577-5418, [email protected]

4. Consider approving the appointments of Bob Quintella as a Member-At-Large for a term expiration of December 31, 2028, and Martin Montez as a Youth Member-AtLarge for a term expiration of December 31, 2025, on the City of Modesto Golf Courses Advisory Committee. (Funding Source: Not Applicable) Staff Recommendation:
 Resolution approving the appointments of Bob Quintella as a Member-AtLarge for a term expiration of December 31, 2028, and Martin Montez as a Youth Member-At-Large for a term expiration of December 31, 2025, on the City of Modesto Golf Courses Advisory Committee.

PRN; Jessica Franco, 209-577-5278, [email protected] - 3 -
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PUBLIC COMMENT PERIOD
Three-minute time limit per speaker.

Only interested persons in the audience may present these matters. Under State law, Councilmembers may respond to matters being presented under this item only as follows:
a. Briefly respond to statements made or questions raised. b. Ask a question for clarification.
c. Provide a reference to staff or other resources for factual information. d. Request staff to report back at a subsequent meeting. e. Finally, a Councilmember or the Council itself may take action to direct staff to place a matter of business on a future agenda.

CONSENT ITEMS – ROLL CALL VOTE REQUIRED
Information concerning the consent items listed below has been forwarded to each Councilmember prior to this meeting for study. Unless some member of the audience or Councilmember has a question concerning an item and asks that it be withdrawn from the consent list, the Council approves the items at one time. The action taken by the Council in approving consent items is set forth in the explanation of this individual item.

CONSENT
An item may be removed from consent and discussed at the request of an audience member or Council member.

Consent

5. Consider approving the minutes for the July 22, 2025 Council Meeting. (Funding Source: Not Applicable)
Staff Recommendation:
 Motion approving the minutes for the July 22, 2025 Council Meeting.

CITY CLERK; Diane Nayares-Perez, 209-577-5396, [email protected] Consent

6. Consider approving Final Adoption of Ordinance 3800-C.S. authorizing the levy of Special Taxes within the City of Modesto held within City of Modesto Community Facilities District No. 2025-2 (Village One Triangle). (Funding Source: Not Applicable)
Staff Recommendation:
 Motion approving Final Adoption of Ordinance 3800-C.S. authorizing the levy of Special Taxes within the City of Modesto held within City of Modesto Community Facilities District No. 2025-2 (Village One Triangle).

CITY CLERK; Diane Nayares-Perez, 209-577-5396, [email protected] Consent

7. Consider approving Final Adoption of Ordinance 3801-C.S. of the City Council of the City of Modesto amending Title 10 of the Modesto Municipal Code to add Chapter 3, - 4 -
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Article 8, “Smoke Shops,” amending Title 4 of the Modesto Municipal Code to add Chapter 24, “Smoke Shops,” establishing Regulations and Requirements for Smoke Shops, Including Permitting and Enforcement, within the City. (Funding Source: Not Applicable)
Staff Recommendation:
 Motion approving Final Adoption of Ordinance 3801-C.S. of the City Council of the City of Modesto amending Title 10 of the Modesto Municipal Code to add Chapter 3, Article 8, “Smoke Shops,” amending Title 4 of the Modesto Municipal Code to add Chapter 24, “Smoke Shops,” establishing Regulations and Requirements for Smoke Shops, Including Permitting and Enforcement, within the City.

CITY CLERK; Diane Nayares-Perez, 209-577-5396, [email protected] Consent

8. Consider accepting the Monthly Investment Report for May 2025. (Funding Source:

Various Funds)
Staff Recommendation:
 Motion accepting the Monthly Investment Report for May 2025.

FINANCE DEPARTMENT; Calogero Maniscalco, 209-577-5219,
[email protected]
Consent

9. Consider approving the purchase for two Fleet Replacements for Fleet Vehicles which includes one Rapid View IBAK F550 Truck with Camera and one Vac-Con Xcavator Truck in a total amount not to exceed $1,245,632. (Funding Source: Fleet Replacement Fund)
Staff Recommendation:
 Resolution approving the Competitive Bidding Process from Sourcewell to Rapid View LLC, Rochester, IN, under the authorized dealer, Municipal Maintenance Equipment, Sacramento, CA for the purchase of one Rapid View IBAK F550 Truck with Camera for an amount not to exceed $367,746; and authorizing the Purchasing Manager, or her designee, to issue the Purchase Order; and authorizing the Purchasing Manager or her designee to execute any Change Orders not to exceed 15% of the total purchase price.  Resolution approving the Competitive Bidding Process from Sourcewell to Van-Con, Inc., Green Cove Springs, FL under the authorized dealer, Municipal Maintenance Equipment, Sacramento, CA for the purchase of one Vac-Con Xcavator Truck for an amount not to exceed $715,412; and authorizing the Purchasing Manager, or her designee, to issue the Purchase Order; and authorizing the Purchasing Manager or her designee to execute any Change Orders not to exceed 15% of the total purchase price.

FINANCE DEPARTMENT; Dianne Love, 209-571-5164, [email protected] Consent

10. Consider approving the First Amendment with SpryPoint Services, Inc., Charlottetown, P.E., for Utility Billing, Receivables and Cashiering Software to include SpryWallet as - 5 -
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the payment gateway with an increase in the amount of $1,336,902 over two years and a one-time online Customer Enrollment Incentive Program in the amount of $5. (Funding Source: Various Funds)
Staff Recommendation:
 Resolution approving the First Amendment to the the Agreement with SpryPoint Services, Inc., Charlottetown, P.E., for Utility Billing, Receivables and Cashiering Software, to include SpryWallet as the payment gateway and increasing the amount by $1,336,902, to a new total amount not to exceed $3,728,862 through the next two years; and authorizing the City Manager, or his designee to execute the Amendment.
 Resolution approving a one-time online Customer Enrollment Incentive Program in the amount of $5.

FINANCE DEPARTMENT; Jeni Martin, 209-571-5892, [email protected] Consent

11. Consider approving Co-Sponsorships for designated City Partners’ Events and Programs with direct contributions of $61,650 and in-kind support with an estimated value of $251,022 for Fiscal Year 2025-2026. (Funding Source: General Fund) Staff Recommendation:
 Resolution approving Co-Sponsorships for designated City Partners’ Events and Programs with direct contributions of $61,650 and in-kind support with an estimated value of $251,022 for Fiscal Year 2025-2026.

PRN; Jeremy Rogers, 209-577-5347, [email protected] Consent

12. Consider approving Community/Special Event and Program Grants for in-kind support valued at $19,815 and grant funding of $18,157 for events and programs planned in the first half of Fiscal Year 2025-2026. (Funding Source: General Fund) Staff Recommendation:
 Resolution approving Community/Special Event and Program Grants for inkind support valued at $19,815 and grant funding of $18,157 for events and programs planned in the first half of Fiscal Year 2025-2026.

PRN; Jeremy Rogers, 209-577-5347, [email protected] Consent

13. Consider approving the Agreements for Fire Extinguisher Inspection, Testing and Maintenance Services to Firecode Safety Equipment, Inc., Sacramento, CA and National Fire Systems, Inc. Sacramento, CA for a total combined amount not to exceed $160,269 over five years. (Funding Source: Building Maintenance Fund) Staff Recommendation:
 Resolution approving the Award of Bid and Agreements for Fire Extinguisher Inspection, Testing and Maintenance Services to Firecode Safety Equipment, Inc. Sacramento, CA and National Fire Systems, Inc. Sacramento, CA for a two-year Agreement with three one-year extension options, with an estimated annual amount of $20,000 for Firecode Safety Equipment Inc, and annual amount for $10,000 for National Fire Systems, Inc for a total estimated annual - 6 -
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amount of $30,000, and a combined total amount not to exceed $160,269 over five years between the two agreements, and authorizing the City Manager, or his designee, to execute the Agreements.

PUBLIC WORKS; Gabe DaSilva, 209-342-2281, [email protected] Consent

14. Consider approving the Amended and Restated Agreement with Gallo Center for the Arts, Modesto, CA for Lot 25 employee discounted parking increasing the Agreement amount by 2.4% per parking permit per month, and extending the term of the Agreement from July 1, 2025, to June 30, 2026, with the option for one additional oneyear term of July 1, 2026, through June 30, 2027. (Funding Source: Parking Services Enterprise Fund)
Staff Recommendation:
 Resolution approving the Amended and Restated Agreement with Gallo Center for the Arts, Modesto, CA for Lot 25 employee discounted parking, by increasing the Agreement amount by 2.4% per parking permit per month, and extending the term of the Agreement from July 1, 2025, to June 30, 2026, with the option for one additional one-year term of July 1, 2026 through June 30, 2027, and authorizing the City Manager or his designee, to execute the Agreement .

PUBLIC WORKS; Gabe da Silva, 209-342-2281, [email protected]

COUNCIL COMMENTS & REPORTS

CITY MANAGER COMMENTS & REPORTS

HEARINGS
Published in the Modesto Bee on July 25, 2025 and August 1, 2025.

15. Hearing to consider adopting a Resolution authorizing the City Clerk to establish and administer a Passport Service Program and approving related fees. (Funding Source:

General Fund)
Staff Recommendation:
 Resolution authorizing the City Clerk to establish and administer a Passport Service Program and approving related fees.

CITY CLERK; Diane Nayares-Perez, 209-577-5396, [email protected] Published in the Modesto Bee on August 1, 2025.

16. Hearing to consider approving a Purchasing Agreement with American Traffic Solutions, dba Verra Mobility, Mesa, Arizona, for Automated Red Light Photo Enforcement Technology for a total amount not to exceed $3,691,891 over five years. (Funding Source: Traffic Safety Fund/Citation Revenue)
Staff Recommendation:
 Resolution approving a Purchasing Agreement with American Traffic Solutions, dba Verra Mobility, Mesa, Arizona, by utilizing the Competitive Bid Process with Houston-Galveston Area Council of Governments (H-GAC), for - 7 -
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Automated Red Light Photo Enforcement Technology, for a five-year Agreement for an annual estimated amount of $703,218 and a contingency of $175,804, if needed, for an Agreement total amount not to exceed $3,691,891 over five years; and authorizing the City Manager, or his designee, to execute the Agreement.

POLICE DEPARTMENT; T.J. Moffett, 209-572-9886, [email protected]

MATTERS TOO LATE FOR THE AGENDA
These may be presented by members of the City Council and staff upon determination by a majority vote that an emergency exists, as defined by State law, or by a 2/3 vote that (1) there is a need to take immediate action, and (2) that the need for action came to the City’s attention after the agenda was posted.

ADJOURNMENT
Posted pursuant to Government Code Section 54954.2 on the bulletin board at Tenth Street Place on
at by
date time signature
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8/12/2025

CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

August 12, 2025
Date: July 1, 2025
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: Jeremy Rogers, CPRE, Director of Parks, Recreation and Neighborhoods SUBJECT: Modesto Culture Commission Appointments
CONTACT: Diane Sheatsley, Administrative Analyst II, [email protected], 209-577-5418
DESCRIPTION:

Consider approving the appointments of Lupe Hodges, Abigail Powers, and Jennifer Aoyama to the Modesto Culture Commission for four-year terms with a term expiration of December 31, 2028. (Funding Source: Not Applicable)
STRATEGIC PLAN ELEMENT:

This item is consistent with the following 2025-2026 Strategic Plan Areas of Focus: Governance and Service Delivery and Economic Vitality.

BACKGROUND:

The Culture Commission’s mission is to enhance the quality of life of the people of Modesto by making the city a more culturally and aesthetically enjoyable place to live. The Culture Commission acts as an advisory body to the City Council and the City Manager in all matters pertaining to art, literature, music, and other cultural activities as well as promoting the preservation of historic sites, landmarks, documents, paintings, and other objects associated with the history of the City and its area. The Culture Commission is comprised of seven members with five members representing Modesto and two residing within Stanislaus County.

The Culture Commission meets on the first Wednesday of the month at 3:45 p.m. at the McHenry Museum.

DISCUSSION:

The Culture Commission has four vacancies. Of those, two are required to be filled by registered voters residing in Modesto and two by registered voters residing in Stanislaus County. Vacancies were advertised on social media, the City’s website, and solicited by other Commissioners. A total of seven applications were received and deemed complete: six applications, including one application requesting reappointment, for the Modesto Registered Voter seats and one application for one of the two vacant Stanislaus County Registered Voter seats. All applicants met the registered voter requirements set in the bylaws, have experience in supporting and promoting the arts, and confirmed their interest in the opportunity to serve. #3..
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City Council, August 12, 2025
Modesto Culture Commission Appointments

On June 4, 2025, the Appointments Committee reviewed all qualifying applications and unanimously recommended the appointment of three new Culture Commissioners. All appointees shall serve a four-year term with a term expiration of December 31, 2028.

Appointee Seat
1 Abigal Powers Modesto Register Voter
2 Jennifer Aoyama Modesto Register Voter
3 Lupe Hodges Stanislaus County Registered Voter
FISCAL IMPACT:

There is no fiscal impact associated with this item.

COMMITTEE RECOMMENDATION:

This agenda item was previously heard by the Appointments Committee on June 4, 2025 which unanimously approved it be forwarded to Council for approval.

RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Resolution approving the appointments of Lupe Hodges, Abigail Powers, and Jennifer Aoyama to the Modesto Culture Commission for four-year terms with a term expiration of December 31, 2028.

Approved by:

Jeremy Rogers, CPRE
Director of Parks, Recreation & Neighborhoods
Joseph P. Lopez, City Manager
Attachment:

1. Resolution
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08/12/2025/PRN/DSheatsley/Item 3 1 2025-290

MODESTO CITY COUNCIL
RESOLUTION NO. 2025-290

RESOLUTION APPROVING THE APPOINTMENTS OF LUPE HODGES,

ABIGAIL POWERS, AND JENNIFER AOYAMA TO THE MODESTO

CULTURE COMMISSION FOR FOUR-YEAR TERMS WITH A TERM
EXPIRATION OF DECEMBER 31, 2028
WHERAS, the Culture Commission (Commission) acts as an advisory body to the City Council and the City Manager in all matters pertaining to art, literature, music, and other cultural activities as well as promoting the preservation of historic sites, landmarks, documents, paintings, and other objects associated with the history of the City and its area; and
WHEREAS, the Culture Commission is comprised of seven members with five (5) members representing the City of Modesto and two (2) living outside of the City but representing Stanislaus County; and
WHEREAS, Section 1102 of the Charter of the City of Modesto authorizes the City Council to appoint members to various Boards and Commissions; and WHEREAS, the Culture Commission has several vacancies for registered voters residing in Modesto or Stanislaus County; and
WHEREAS, seven applications were received and deemed complete; and WHEREAS, the Appointments Committee met on June 4, 2025, and recommended the appointments of Abigal Powers and Jennifer Aoyama to the Culture Commissions as Modesto registered voters; and
WHEREAS, the Appointments Committee also recommended the appointment of Lupe Hodges to the Culture Commission as a Stanislaus County registered voter. #3..
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08/12/2025/PRN/DSheatsley/Item 3 2 2025-290
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Modesto that it hereby appoints Abigail Powers, Jennifer Aoyama, and Lupe Hodges to the Culture commission for four-year terms with a term expiration of December 31, 2028.

The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the 12th day of August, 2025, by Councilmember Williams, who moved its adoption, which motion being duly seconded by Councilmember Alvarez, was upon roll call carried and the resolution adopted by the following vote:

AYES: Councilmembers: Alvarez, Bavaro, Escutia-Braaton, Ricci, Williams, Mayor Zwahlen
NOES: Councilmembers: None
ABSENT: Councilmembers: Wright
ATTEST: _____________________________

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

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

COUNCIL AGENDA REPORT
DATE OF MEETING:

July 22, 2025
Date: July 2, 2025
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: Jeremy Rogers, Director of Parks, Recreation and Neighborhoods SUBJECT: Appointments to the Golf Courses Advisory Committee CONTACT: Jessica Franco, Administrative Analyst II, [email protected], 209-577-5278
DESCRIPTION:

Consider approving the appointments of Bob Quintella as a Member-At-Large for a term expiration of December 31, 2028, and Martin Montez as a Youth Member-At-Large for a term expiration of December 31, 2025, on the City of Modesto Golf Courses Advisory Committee. (Funding Source: Not Applicable)
STRATEGIC PLAN ELEMENT:

This action supports the 2025-2026 City’s Strategic Commitment of Governance and Service Delivery, Goal I. “Promote Trust and Engagement between the Community and the City by enhancing responsiveness, communicating broadly about City opportunities and challenges, and increasing public participation in municipal affairs”.

BACKGROUND:

The Golf Courses Advisory Committee (GCAC) serves as an advisory board for and among organized golf clubs and the City of Modesto. It is comprised of eleven members total: (6) Member-at-Large representatives (1 - Youth) and (1) representative each from the SIRS Golf Club, Dryden Park Women’s Club, Creekside Golf Club, Muni-Niners Club, and Modesto Golf Club.

Ten (10) members are appointed by the City Council for a 4-year term starting January 1st and ending December 31st and one (1) Youth member is appointed for a one-year term.

Section 11021 of the Charter of the City of Modesto authorizes the City Council to appoint members to various Boards and Commissions with the recommendation of the City’s Appointments Committee.
1 https://library.municode.com/ca/modesto/codes/code_of_ordinances?nodeId=CHTR_ARTXIAPBOCO_S1102APTE #4..
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City Council, July 22, 2025
Appointments to the Golf Courses Advisory Committee

DISCUSSION:

Currently, there are two vacancies on the Committee:

Organization Status
Member-At-Large Vacant
Youth Member-At-Large Vacant
These vacancies are to be filled by prospective candidates, subject to review by the Appointments Committee, as required by Council policy, and final approval by the City Council.

Two (2) applications were received for consideration:

Martin Montez is a current member on the Golf Courses Advisory Committee and is reapplying for a second term. He was originally appointed on July 1, 2024, serving as a Youth Member-AtLarge. He is an active volunteer at community events such as LoveModesto and served on the City’s Youth Commission. He is interested in getting youth more involved with Golf outside of the First Tee program.

Bob Quintella is the former Deputy Director of Parks, Recreation and Neighborhoods for the City of Modesto and oversaw the City’s Golf courses. He has served on several civic organizations including the State Theatre Board, Convention & Visitors Bureau, Modesto Kiwanis Car Show and more. He is interested in using his experience in Golf Course operations to advise the Golf Course Advisory Committee.

Both applicants meet the minimum requirements of the Committee, which include being a resident of Modesto, not holding any paid office or employment, nor being a contractor with the City of Modesto.

FISCAL IMPACT:

There is no fiscal impact related to this action.

COMMITTEE RECOMMENDATION:

Appointments were considered by the Appointments Committee on June 4, 2025 and recommended to forward to Council for approval.

RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Resolution approving the appointments of Bob Quintella as a Member-At-Large for a term expiration of December 31, 2028, and Martin Montez as a Youth Member-At-Large for a term expiration of December 31, 2025, on the City of Modesto Golf Courses Advisory Committee.

Approved by:

Jeremy Rogers, Director of Parks, Recreation and
Neighborhoods
Joseph P. Lopez, City Manager
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City Council, July 22, 2025
Appointments to the Golf Courses Advisory Committee

Attachments:

1. Resolution

2. Golf Courses Advisory Committee Bylaws

3. Applications
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08/12/2025/PRN/JFranco/Item 4 1 2025-291

MODESTO CITY COUNCIL
RESOLUTION NO. 2025-291

RESOLUTION APPROVING THE APPOINTMENTS OF BOB QUINTELLA AS A MEMBER-AT-LARGE FOR A TERM EXPIRATION OF DECEMBER 31, 2028, AND MARTIN MONTEZ AS A YOUTH MEMBER-AT-LARGE FOR A TERM EXPIRATION OF DECEMBER 31, 2025, ON THE CITY OF MODESTO

GOLF COURSES ADVISORY COMMITTEE
WHEREAS, Section 1102 of the Charter of the City of Modesto authorizes the City Council to appoint members to various Boards and Commissions, and WHEREAS, the Golf Courses Advisory Committee is comprised of five members representing local golf organizations: SIRS Golf Club, Muni-Niners Golf Club, Modesto Golf Club, Creekside Golf Club, and Dryden Women’s Golf Club, and six Members-AtLarge, including one Youth Member-At-Large, and WHEREAS, there currently exists two vacancies on the Committee - one Member-At-Large, and one Youth Member-At-Large, and
WHEREAS, the Committee received two applications; and
WHEREAS, Bob Quintella is qualified to serve as a Member-At-Large for a fouryear term with a term expiration of December 31, 2028, and WHEREAS, by Resolution 2024-250, Council appointed Martin Montez to the Golf Courses Advisory Committee as a Youth Member-At-Large, and WHEREAS, Martin Montez served one one-year term and has reapplied for a second term, and
WHEREAS, Martin Montez is qualified to serve as a Youth Member-At-Large for a one-year term with a term expiration of December 31, 2025, and #4..
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08/12/2025/PRN/JFranco/Item 4 2 2025-291
WHEREAS, on June 4, 2025, the Appointments Committee recommended the appointment of Bob Quintella as a Member-At-Large and reappointment of Martin Montez as a Youth Member-At-Large.

NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Modesto that it hereby approves the appointments of Bob Quintella as a Member-At-Large for a term expiration of December 31, 2028 and Martin Montez as a Youth Member-At-Large for a term expiration of December 31, 2025, on the City of Modesto Golf Courses Advisory Committee.

BE IT FURTHER RESOLVED that the City Clerk is hereby directed to transmit a copy of this resolution to the appointed member of the Golf Courses Advisory Committee, and the Secretary, thereof.
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08/12/2025/PRN/JFranco/Item 4 3 2025-291
The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the 12th day of August, 2025, by Vice-Mayor Bavaro, who moved its adoption, which motion being duly seconded by Councilmember Ricci, was upon roll call carried and the resolution adopted by the following vote:

AYES: Councilmembers: Alvarez, Bavaro, Escutia-Braaton, Ricci, Williams, Mayor Zwahlen
NOES: Councilmembers: None
ABSENT: Councilmembers: Wright
ATTEST: _____________________________

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

BY: ________________________________
JOSE M. SANCHEZ, City Attorney
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Amended by City Council Resolution No. 2022-023
January 11, 2022

CITY OF MODESTO GOLF COURSES COMMITTEE

CONSTITUTION AND BYLAWS
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Amended by City Council Resolution No. 2022-023
January 11, 2022

ARTICLE I

DEFINITIONS
Section 1 There is created a Committee to be known and designated as the City of Modesto Golf Courses Committee.

Section 2 As used in these Bylaws, unless a different meaning clearly appears from the context:

A. "Member" shall mean a member of the Modesto Golf Courses Committee.

B. "Modesto Golf Courses Committee" and "Committee" shall mean the City of Modesto Golf Courses Committee.

C. "Modesto golf courses" shall mean Dryden Park Golf Course and Creekside Golf Course.

D. "Regular meeting" shall mean the bi-monthly Committee meetings.

Section 3 The fiscal year shall coincide with the City's fiscal year, July 1 to June 30. #4..
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Amended by City Council Resolution No. 2022-023
January 11, 2022

ARTICLE II

OBJECTIVES
Section 1 The Committee shall be responsible for promotion of the game of golf in the Modesto area.

Section 2 The Committee shall operate as an advisory body for and among organized golf clubs and the general golfing public of the City of Modesto golf courses.

Section 3 The Committee shall act as liaison between the general golfing public, golf clubs, and the City of Modesto Parks, Recreation and Neighborhoods Department, and A. Shall receive and consider all proposals for innovations or material changes in established procedures or the modification of the golf courses.

B. Endorse participation in golf through the Player Development Programs and Tournament activities with a special emphasis on Junior, Senior and Disabled golf.

Section 4 The Committee shall encourage, promote and maintain a high standard of sportsmanship among golfers.

Section 5 The Committee shall consider the annual budget for the Golf Enterprise Fund during the process of its preparation and make recommendations to the Director of Parks, Recreation and Neighborhoods concerning the annual budget of the Golf Enterprise Fund, including the fees and rates to be charged for the use of golf course facilities.

Section 6 The Committee shall perform such other duties relating to the Modesto Golf Courses as may be assigned by the Director of Parks, Recreation and Neighborhoods.

Section 7 Nothing in this article shall be deemed to invest the Committee with any supervisory powers over the actions and duties of City employees, or of any Lessee of the City, engaged in work relating to the construction, improvement, repair, maintenance or operations of the Modesto golf courses.
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Amended by City Council Resolution No. 2022-023
January 11, 2022

ARTICLE III

MEMBERSHIP
Section 1 The City of Modesto Golf Courses Committee shall consist of eleven (11) Members.

Section 2 The Members of the Committee shall reside within the city limits of the City of Modesto at the time of appointment and must maintain residence within the City at all times during their service on the Committee.

Section 3 None of the members shall hold any paid office or employment or shall be currently a contractor with the City of Modesto.

Section 4 Five (5) members of the Committee shall represent organized golf clubs at the municipal golf courses, one from each of the following clubs: Muni Niners; SIRS; Modesto Golf Club; Dryden Park Women's Club; and Creekside Golf Club. Five(5) members shall be appointed at large One (1) youth member, between 16 and 25 years of age, shall be appointed at large.

Section 5 The membership of each organized golf club shall recommend one member to represent their respective clubs, with the remaining six (6) at-large members to be approved by a majority vote of the City Council.

Section 6 The Director of Parks, Recreation and Neighborhoods, or his/her designee, will serve as staff to the Committee and represent the City of Modesto, within the limits dictated by fiscal constraints.
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Amended by City Council Resolution No. 2022-023
January 11, 2022

ARTICLE IV

TERMS OF OFFICE
Section 1 The term of office shall be effective as of the first of January.

Section 2 The terms of office shall be as follows:

A. Four (4) years for each Member of the Committee. Members may be re-appointed after their initial term, but in no event shall any person who has served two (2) consecutive terms on the Committee be eligible for re-appointment to the Committee.

Committee members are eligible for reappointment to the Committee after a two- (2) year absence from the Committee has transpired.

B. One (1) year for each youth member appointed at large. Youth members may be reappointed after their initial term, but in no event shall any youth member who has served two (2) consecutive terms on the Committee be eligible for reappointment to the Committee.

Section 3 Serving any portion of an unexpired term shall not be counted as service of one term.

Members not eligible for reappointment may continue to serve until their successors are appointed and meet all of the qualifications outlined in Article III Membership of these bylaws. No member shall serve more than a maximum of eight (8) consecutive years.

Section 4 The terms of office for the inaugural Committee will be two (2) years for five (5) members of the Committee, and four (4) years for the remaining six (6) members. Each member's term of office shall terminate on December 31 of their respective year.

Section 5 The Members of the Committee shall receive no compensation for the performance of their official duties.

Section 6 Appointments to fill vacancies on the Committee shall be handled in the same manner as original appointments. When a vacancy occurs during a term, the appointment to fill such vacancy shall be for the unexpired portion of the term.

Section 7 Members of the Committee may be removed by a majority vote of the City Council after a recommendation by the Director of Parks, Recreation and Neighborhoods and a majority vote of the Committee. Examples of reasons for removal of a Committee Member from the Committee are:

A. Incompetence, malfeasance, misfeasance, neglect of duty, or conviction of a crime involving moral turpitude.

B. Refusal to resign from the Committee when no longer a resident of the City of Modesto.

C. Automatic removal from the Committee will be required when a member is absent from three (3) meetings within a twelve- (12) month period without official permission expressed in the official minutes.
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Amended by City Council Resolution No. 2022-023
January 11, 2022

ARTICLE V

ATTENDANCE AT MEETINGS
Section 1 It shall be the responsibility of each Member to know the dates and times of all regular meetings of the Committee. If a Member knows he or she will not be able to attend a regularly scheduled meeting, it shall be his or her responsibility to notify the Committee Chair or Staff Liaison at least forty-eight hours (48 hours) before the meeting, in order for the absence to be recorded as an excused absence.

Section 2 The Recording Secretary will document when any Committee Member is late arriving for a meeting or when a Committee Member leaves a meeting before adjournment. The minutes of each meeting will list those Members in attendance, those who are excused and those who are unexcused.
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Amended by City Council Resolution No. 2022-023
January 11, 2022

ARTICLE VI

OFFICERS AND THEIR DUTIES
Section 1 Officers shall consist of Chair and Vice-chair, elected by a majority vote of the Members of the Committee. Officers shall serve a one- (1) year term commencing on January 1. The election shall be held at the January meeting, or the first meeting of the year.

Section 2 All officers shall exercise all privileges of membership, including the making of motions, seconding and debate.

Section 3 The Chair may serve consecutive terms. The Vice-Chair may serve consecutive terms.

Section 4 The Chair shall preside at all meetings and appoint all sub-committees of the Committee and shall ensure that the bylaws, rules and regulations as adopted by the Committee are properly enforced. The Chair shall be an ex-officio member of all sub-committees.

Section 5 The Vice-Chair shall assist the Chair in his/her duties and in the absence of the Chair shall perform all duties usually performed by the Chair.

Section 6 The Parks, Recreation and Neighborhoods Department shall provide a staff member to serve as Recroding Secretary. He/she shall keep a record of the minutes of all meetings, reports of sub-committees and such other duties as are usually performed by a secretary.

He/she shall supply the Members of the Committee and any sub-committees and the Director of Parks, Recreation and Neighborhoods and his/her designee(s) with copies of all records taken within three (3) weeks after a meeting takes place. He/she shall also assist in publicity releases concerning Committee activities.
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Amended by City Council Resolution No. 2022-023
January 11, 2022

ARTICLE VII

MEETINGS
Section 1 Regular meetings of the Committee shall be held at such times and places as from time to time may be designated by a majority vote of the Committee.

Section 2 In the event that a regular meeting falls on a holiday, the meeting shall be scheduled by a vote of the Committee. Special meetings shall be called by the Chair as necessary.

Section 3 Notices of all meetings, including an agenda, shall be given to all members of the Committee, to the City Clerk, to the City Manager, to the Director of Parks, Recreation and Neighborhoods and to all others as provided by law. All such notices shall be furnished to the Committee in writing at least seventy-two hours (72 hours) prior to the time of such meeting.

Section 4 All meeting agendas will be posted at Tenth Street Place and will be available at the following public facilities: Tenth Street Place, the Main Branch of the Stanislaus County Free Library and at City of Modesto golf courses.

Section 5 All meetings shall comply with the requirements of the Ralph M. Brown Act.

Section 6 A quorum is necessary for the Committee to transact any business. A quorum shall be defined as a simple majority of active Committee members.

Section 7 All meetings of the Committee, or its standing or special sub-committees, shall be open to the public and shall be held at a public facility which is accessible in accordance with the regulations of the Americans with Disabilities Act.
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Amended by City Council Resolution No. 2022-023
January 11, 2022

ARTICLE VIII

ORDER OF PROCEEDINGS
Section 1 Sturgis' Standard Code of Parliamentary Procedure shall be the guide for parliamentary procedures in the conduct of Committee meetings.

Section 2 The order of proceedings of all meetings shall be as follows, subject to majority vote of the Members present:

A. Call to Order
B. Approval of Minutes
C. Written Communications
D. Old Business
E. New Business
F. Oral Communications
G. Matters Too Late for the Agenda
H. Adjournment
Section 3 Members of the public shall not speak unless recognized by the Chair and shall state their names and addresses before making any statement, which shall become a part of the public record. The Chair may remove any person who refuses to follow these rules or the decision of the Chair.
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Amended by City Council Resolution No. 2022-023
January 11, 2022

ARTICLE IX

AMENDMENTS
Section 1 The Constitution and Bylaws may be recommended for amendment at a regularly scheduled meeting of the Committee. A written notice containing the proposed changes shall be provided to each member at least sixty (60) days prior to the meeting. When all other conditions are met, an amendment requires a simple majority vote of the active members of the Committee.

Section 2 The Constitution and Bylaws and any future amendments shall be subject to the final approval of the City Council and shall not and are not intended to go beyond any of the powers and duties given to the Committee by the City Council. #4..
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Boards, Commissions and Committees Application
04/04/2025 5:43 PM (PDT)
Advisory Boards and Commissions Application
City of Modesto

In accordance with the requirements of Title II of the Americans with Disabilities Act (“ADA”) of 1990, the Fair Employment & Housing Act (“FEHA”), the Rehabilitation Act of 1973 (as amended), Government Code section 11135 and other applicable codes, the City of Modesto (“City”) will not discriminate against individuals on the basis of disability in the City’s services, programs, or activities. For more information, please visit the City of Modesto website.

Golf Courses Advisory Committee
The Golf Courses Advisory Committee (GCAC) is charged with promoting the game of golf in the Modesto area. The GCAC shall operate as an advisory body for and among organized golf clubs and the general golfing public of the City of Modesto golf Courses; act as a liaison between the general golfing public, golf clubs, and the City’s Parks, Recreation and Neighborhoods Department; and shall encourage, promote, and maintain a high standard of sportsmanship among golfers.

Membership Requirements:

The GCAC is comprised of 11 members. All members must reside within the City limits, not hold any paid office, employment, or contractor with the City.
5 members shall represent organized golf clubs: Muni Niners, SIRS, Modesto Golf Club, Dryden Women’s Club, and Creekside Golf Club. The membership of each organized golf club shall recommend one member to represent their respective clubs.
4 members at large
1 youth (age 16-25 years) member at large
Read full ByLaws, membership requirements and view current members and vacancies.

Youth Representative
Yes

Yes

Submission ID: e8c78381-0b08-4d3d-8671-c6e263fea872 Page 1/7 #4..
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i.

Youth Commission
08/09/2023
04/04/2025
Submission ID: e8c78381-0b08-4d3d-8671-c6e263fea872 Page 2/7 #4..
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Applicant Information & Background
Martin
Montez
Modesto
California
95355
Document Uploads
You may upload a cover letter and resume to outline your educational, work and community service experiences.

Submission ID: e8c78381-0b08-4d3d-8671-c6e263fea872 Page 3/7 #4..
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Applicant Demographics
City of Modesto invites all applicants to voluntarily self-identify their gender, race/ethnicity, veteran status and disability. Submission of this information is voluntary and refusal to provide will not affect the application process. The information will be kept confidential and will only be used in accordance with the provisions of applicable laws, executive orders and regulations, including those that require the information to be summarized and reported to the federal government for civil rights enforcement.

Submission ID: e8c78381-0b08-4d3d-8671-c6e263fea872 Page 4/7 #4..
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Qualifications

Served on Youth Commission from August 2023 to present, GCAC for 1 term, and also am a Park Youth Committee member from March 2023 to present

I usually volunteer at a server at events alongside with Love Modesto, and through my committees and group, I have been able to pass a resolution for park equity and donate my time at movie nights as well as at city runner events.

During my first term I was really interested in the conversations and also hearing the background of golf and its impact on the city combined with engagement with the people. During a next year I would love to be more of a part of those conversations and also maybe find ways to have youth be interested in golf besides First Tee, whether it involves an event or something to that extent.

I am an active participator and an effective communicator, along with being able to provide insights from knowledge I have gained from past volunteer experiences and school.

Submission ID: e8c78381-0b08-4d3d-8671-c6e263fea872 Page 5/7 #4..
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Questionnaire

Place of Employment
Submission ID: e8c78381-0b08-4d3d-8671-c6e263fea872 Page 6/7 #4..
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Signature Agreement
04/04/2025
Application Disclosure
Please confirm that you acknowledge the above responsibilities and understand that your application is a public document and may be disclosed.

Yes, I confirm and acknowledge the above responsibilities and understand that my application is a public document and may be disclosed upon request.

Thank you for providing this information. After clicking ‘Submit’ you will receive a Submission ID number that can be retained for future reference.

You will be updated by our staff as your submission is processed.

Have a great day!
Submission ID: e8c78381-0b08-4d3d-8671-c6e263fea872 Page 7/7 #4..
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Boards, Commissions and Committees Application
04/30/2025 1:32 PM (PDT)
Advisory Boards and Commissions Application
City of Modesto

In accordance with the requirements of Title II of the Americans with Disabilities Act (“ADA”) of 1990, the Fair Employment & Housing Act (“FEHA”), the Rehabilitation Act of 1973 (as amended), Government Code section 11135 and other applicable codes, the City of Modesto (“City”) will not discriminate against individuals on the basis of disability in the City’s services, programs, or activities. For more information, please visit the City of Modesto website.

Golf Courses Advisory Committee
The Golf Courses Advisory Committee (GCAC) is charged with promoting the game of golf in the Modesto area. The GCAC shall operate as an advisory body for and among organized golf clubs and the general golfing public of the City of Modesto golf Courses; act as a liaison between the general golfing public, golf clubs, and the City’s Parks, Recreation and Neighborhoods Department; and shall encourage, promote, and maintain a high standard of sportsmanship among golfers.

Membership Requirements:

The GCAC is comprised of 11 members. All members must reside within the City limits, not hold any paid office, employment, or contractor with the City.
5 members shall represent organized golf clubs: Muni Niners, SIRS, Modesto Golf Club, Dryden Women’s Club, and Creekside Golf Club. The membership of each organized golf club shall recommend one member to represent their respective clubs.
4 members at large
1 youth (age 16-25 years) member at large
Read full ByLaws, membership requirements and view current members and vacancies.

At Large Membership
No
No

No
Submission ID: 6e7bbb30-fe5d-48fe-8607-6a6c81be31b2 Page 1/6 #4..
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Applicant Demographics
City of Modesto invites all applicants to voluntarily self-identify their gender, race/ethnicity, veteran status and disability. Submission of this information is voluntary and refusal to provide will not affect the application process. The information will be kept confidential and will only be used in accordance with the provisions of applicable laws, executive orders and regulations, including those that require the information to be summarized and reported to the federal government for civil rights enforcement.

Submission ID: 6e7bbb30-fe5d-48fe-8607-6a6c81be31b2 Page 3/6 #4..
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Qualifications

Former Deputy Director in Parks, Recreation & Neighborhoods - City of Modesto Served on the National Golf Management School at Oglebay Park, West Virginia As Deputy Director full time and part time oversaw the management of the Modesto city golf operations.

Past Golf Course Superintendent's Association - Retired Member

Past Director of the State Theatre - two separate Boards Past Board Member of the Convention & Visitors Bureau
Served on several community committees like No. Modesto Kiwanis Car Show, Amgen Tour of California, Modesto's Holiday Parade.

Have served on numerous Committees and Boards in my past employment in the Bay Area
Feel that the committee needs some experience in the operations of golf courses.

Am very interested in the construction of the new clubhouse at Dryden Golf Course. The City has some issues with golf course capital improvements and my background could add some historical knowledge.

I have been involved with the city's golf courses for over twenty years and know what should be addressed.

Submission ID: 6e7bbb30-fe5d-48fe-8607-6a6c81be31b2 Page 4/6 #4..
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Questionnaire

Other (Please specify)
As a city employee I used to oversee the Golf Coursed Golf Committee Submission ID: 6e7bbb30-fe5d-48fe-8607-6a6c81be31b2 Page 5/6 #4..
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Signature Agreement
04/30/2025
Application Disclosure
Please confirm that you acknowledge the above responsibilities and understand that your application is a public document and may be disclosed.

Yes, I confirm and acknowledge the above responsibilities and understand that my application is a public document and may be disclosed upon request.

Thank you for providing this information. After clicking ‘Submit’ you will receive a Submission ID number that can be retained for future reference.

You will be updated by our staff as your submission is processed.

Have a great day!
Submission ID: 6e7bbb30-fe5d-48fe-8607-6a6c81be31b2 Page 6/6 #4..
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Bob Quintella
College: - BA Degree Management
Graduate Work public administration
Employment:
1970 – 1980 Assistant Manager Bakersfield Convention Center 1980 – 1987 Assistant Manager Oakland – Alameda County Coliseum 1987 – 1993 General Manager/Executive VP Oakland – Alameda County Coliseum 1994 – 1998 CEO Oakland – Alameda County Coliseum
2000 – 2007 Deputy Director PRN Department City of Modesto Boards:

Oakland CVB
Bay Area Council of the Boy Scouts of America
Public Assembly Facility Management School
Public Assembly Facility Association District VII
State Theatre Modesto
National Golf Management School
The First Tee of Modesto
Retirement Investment Board IATSE Local 2
Modesto CVB
Clubs:

Alpha Sigma Phi National Fraternity
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Diablo Valley Fly Fishing Club
Stanislaus County Fly Fishing Club
Stanislaus County Bike Club
Golf Course Superintendents Association
Personal:

Married
Five children and nine grand children
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7/22/2025 5:30:00 PM

MODESTO CITY COUNCIL
www.modestogov.com

MINUTES
City of Modesto

CITY COUNCIL MEETING
Chambers, Basement Level
Tenth Street Place, 1010 10th Street
Modesto, California
Tuesday, July 22, 2025 at 5:30 PM
Special City Council – Closed Session Meeting 3:45 P.M.

Roll Call - Present: Councilmembers Alvarez, Bavaro, Escutia-Braaton, Ricci, Williams, Mayor Zwahlen

Absent: Wright
Regular City Council Meeting 5:30 P.M.

Roll Call - Present: Councilmembers Alvarez, Bavaro, Escutia-Braaton, Ricci, Williams, Mayor Zwahlen

Absent: Wright
Pledge of Allegiance to the Flag
Invocation: Mike Gunnarson, City Ministry Network
City Clerk’s Announcements: City Clerk announced Written comments for General Public Comment period and Hearing Item 30 were received and distributed to the Council.

Declaration of Conflicts of Interest: None
Reports from Closed Session: No reportable action was taken.

ACKNOWLEDGEMENTS AND PRESENTATIONS

1. Proclamation declaring August 5th as National Night Out. (Funding Source: Not Applicable)
CITY COUNCIL; Breanna Griffin, 209-577-5421, [email protected] #5..
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7/22/2025 5:30:00 PM
ACTION: Mayor Zwahlen presented a proclamation declaring August 5th as National Night Out.

2. Proclamation declaring August 3rd - 9th as National Health Center Week 2025. (Funding Source: Not Applicable)
CITY COUNCIL; Breanna Griffin, 209-577-5421, [email protected] ACTION: Mayor Zwahlen proclamation declaring August 3rd - 9th as National Health Center Week 2025.

MISCELLANEOUS

3. Consider approving the appointment of Evan Yoshino as General Contractor and Douglas Higginbotham as Citizen-at-Large to the Housing Rehabilitation Loan Committee (HRLC), with a four-year term beginning in July 2025 with a term expiration of December 31, 2028. (Funding Source: Not Applicable) Staff Recommendation:
 Resolution approving the appointment of Evan Yoshino as General Contractor and Douglas Higginbotham as the Citizen-at-Large to the Housing Rehabilitation Loan Committee (HLRC), with a term expiration of December 31, 2028.

CED; Edgar Garcia, 209-577-5211, [email protected] ACTION: (Escutia-Braaton/Williams; 6/0) Resolution 2025-254 approving the appointment of Evan Yoshino as General Contractor and Douglas Higginbotham as the Citizen-at-Large to the Housing Rehabilitation Loan Committee (HLRC), with a term expiration of December 31, 2028.

4. Consider approving the appointments of Jamie Reed and Carlos Verduzco to the City of Modesto Entertainment Commission with the terms ending December 31, 2027. (Funding Source: Not Applicable)
Staff Recommendation:
 Resolution approving the appointments of Jamie Reed and Carlos Verduzco to the City of Modesto Entertainment Commission with the terms ending December 31, 2027.

CED; Jessica Hill, 209-577-5321, [email protected]
ACTION: (Williams/Alvarez; 6/0) Resolution 2025-255 approving the appointments of Jamie Reed and Carlos Verduzco to the City of Modesto Entertainment Commission with the terms ending December 31, 2027.

5. Consider approving the appointment of Liberal “Lee” Avila to the City of Modesto Board of Zoning Adjustment with a term expiring December 31, 2028. (Funding Source: Not Applicable)
Staff Recommendation:
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7/22/2025 5:30:00 PM
 Resolution approving the appointment of Liberal "Lee" Avila to the City of Modesto Board of Zoning Adjustment with a first term expiring December 31, 2028
CED; Jessica Hill, 209-577-5267, [email protected]
ACTION: (Alvarez/Zwahlen; 6/0) Resolution 2025-256 approving the appointment of Liberal "Lee" Avila to the City of Modesto Board of Zoning Adjustment with a first term expiring December 31, 2028

6. Consider approving the appointments of Daley Perry, Rachell LeVeige and Diego Capistran to the Equity Commission for partial unexpired terms ending December 31, 2026. (Funding Source: Not Applicable)
Staff Recommendation:
 Resolution approving the appointments of Daley Perry, Rachell LeVeige and Diego Capistran to the Equity Commission for partial unexpired terms ending December 31, 2026.

HUMAN RESOURCES; Christina Alger, 209-571-5126, [email protected] ACTION: (Escutia-Braaton/Ricci; 6/0) Resolution 2025-257 approving the appointments of Daley Perry, Rachell LeVeige and Diego Capistran to the Equity Commission for partial unexpired terms ending December 31, 2026.

7. Consider approving the appointments of Maria Hernandez, Melanie Webb, and Melissa Burgess to the Blight Abatement Advisory Committee for a four-year term with an expiration date of December 31, 2029. (Funding Source: Not Applicable) Staff Recommendation:
 Resolution approving the appointments of Maria Hernandez, Melanie Webb, and Melissa Burgess to the Blight Abatement Advisory Committee for a fouryear term with an expiration date of December 31, 2029.

PUBLIC WORKS; Rosene Nguyen, 209-577-5453, [email protected] ACTION: (Ricci/Williams; 6/0) Resolution 2025-258 approving the appointments of Maria Hernandez, Melanie Webb, and Melissa Burgess to the Blight Abatement Advisory Committee for a four-year term with an expiration date of December 31, 2029.

PUBLIC COMMENT IN PERSON
 Blake Wilson, a sustainability grad student, urged the Modesto Council to adopt clean transportation programs like those in Stockton and Fresno. He highlighted affordable EV and e-bike shares, mobility credits, and job training, encouraging the city to use state and federal funds for a more sustainable, equitable future.  John Mataka, representing Valley Improvement Projects and the Grayson Neighborhood Council, spoke against Modesto’s mask Ordinance (§4-23.02) and urged the Council to repeal it and drop charges against seven arrested individuals. He compared the police's #5..
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7/22/2025 5:30:00 PM
masked, unmarked tactics to ICE raids, which led Grayson to cancel its National Night Out. He warned of possible litigation over violations of protest rights and criticized the hypocrisy of masked officers arresting people for wearing masks.  Mohammed Rashid introduced himself as an advocate in Stanislaus County and attended the meeting to observe how the Council operates. He offered to be a resource and left his contact information with the Deputy City Manager.
 Nora Garcia, a Modesto resident, urged the Council to repeal the mask ban during protests and support an independent investigation into the June 14th arrests. She criticized the Police Department’s handling of the event, calling it biased and escalatory, and challenged the city's current oversight process as ineffective. Nora also condemned dismissive rhetoric about discrimination and emphasized the value of allyship and holding leadership accountable, regardless of ethnicity.  Alejandra Ramirez asked the Council to prioritize installing a sidewalk on one side of her elderly, disabled parents' property in West Modesto. Despite recent roadwork, the area remains unpaved, posing serious safety risks. Although they’ve been added to the ADA list, there's no timeline for improvements, and Alejandra stressed the urgent need for action due to her parents' limited mobility.
 Ken White expressed concern over the possible departure of the Modesto Nuts, emphasizing baseball's long-standing role in the City's history and its importance to local youth. He urged the Council to take action to keep professional baseball in Modesto, highlighting its cultural and community value.
 Danielle Morgan from Assemblyman Juan Alanis’s office provided a legislative update, noting that four of his bills (AB 16, 17, 310, and 528) are still moving through the process during the summer recess. She encouraged the Council to reach out with any questions.
 Art Fabela spoke out against the proposed acquisition of his and 13 neighbors’ homes (Parcel C) for the West Modesto stadium project. Though initially supportive, he now opposes it due to the low proposed compensation, which he says wouldn’t cover a comparable home. He emphasized the unique value of his riverfront property and called for fair compensation if the City moves forward with the project.  Steve spoke to the Council about his concerns regarding police conduct and Council oversight. He referenced a past personal incident involving a Councilmember and the Police Chief, criticized the handling of protest-related arrests, and requested that all charges be dropped, records cleared, and the mask Ordinance repealed. He also referenced a Councilmember’s comments about enforcement and urged full adoption of the coalition’s demands.
 Teresa Gamboa, chair of the Woodland West Community and a Neighborhood Watch Coordinator, thanked City staff and Officials for their support in improving neighborhood #5..
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7/22/2025 5:30:00 PM
safety. She praised a Councilmember for consistent involvement, acknowledged the efforts of the Police Department, Public Works, Parks and Recreation, and Economic Development Staff, and highlighted the positive impact of increased patrols and park upgrades. She invited everyone to attend her neighborhood’s National Night Out event.  Brian Evitt shared concerns about a personal burglary incident, stating that Modesto Police released the suspect and mishandled the situation, resulting in a denied insurance claim and his own arrest based on the suspect’s accusation. He criticized police training, the handling of foster care placements, and local practices around prescription drugs and marijuana dispensaries. He also raised issues with hospital policies and called for systemic changes in City operations.
 Harlan Diven addressed the Council regarding the June 14th arrests under the City's mask Ordinance, stating that the arrests targeted organizers, young people, and the unhoused during a protest. They called for the charges to be dropped, the Ordinance repealed, and an independent investigation into the Police Department’s actions, asserting that the current Police Review Board is insufficient.
 Manuela, representing the Central Valley BIPOC Coalition, called for the repeal of Modesto’s mask Ordinance, the dismissal of charges from the June 14th arrests, and an independent investigation into police conduct. She also criticized the City's spending priorities, advocating for investment in social services, healthcare, and environmental improvements instead of policing.
 Julissa, representing the Central Valley BIPOC Coalition, called for the repeal of Modesto’s mask Ordinance and dismissal of charges from the June 14th protest arrests.

She emphasized ongoing health concerns related to COVID-19, criticized the Police for racial profiling and surveillance, and urged stronger oversight powers for the Community Police Review Board. She also demanded an end to targeted policing of marginalized groups and greater accountability for Police misconduct.  Emerson Drake, a Modesto resident, criticized Councilmembers serving on StanCog for inaction and lack of accountability regarding financial mismanagement. He expressed concerns about targeted enforcement of the mask Ordinance, Police using masks while arresting protesters, and the City's handling of public participation. He urged the Council to take responsibility and better serve the community.
 Kevin McClarty urged the Council to use their authority to place the mask Ordinance repeal on the agenda for the next meeting, enabling a formal discussion and vote on the matter.
 Madison Conde spoke in solidarity with the community, urging the repeal of the mask Ordinance. She criticized the Ordinance as oppressive, lacking evidence of improving safety, and targeting protesters exercising their First Amendment rights. She challenged Councilmembers to take a clear stand against the Ordinance and support the community. #5..
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 A member of the public defended the Modesto Police Department’s enforcement of the mask Ordinance at protests, emphasizing the need for order, visibility, and surveillance to maintain public safety. They supported broad and vague laws to allow discretion in enforcement, including monitoring protests with cameras, drones, and social media. The speaker framed these actions as necessary crowd management rather than censorship, praising the Police for prioritizing safety over anonymous or disruptive protest.  Leanne, a Modesto resident, urged the City Council to repeal the mask Ordinance that prohibits protesters from wearing masks, citing its use for Police intimidation and repression during a recent protest. She highlighted concerns from the ACLU and criticized the Council for lacking action and dismissing community demands. She called for increased accountability and oversight powers for the Community Police Review Board and emphasized that the Council must take responsibility and act to protect constitutional rights.
 A member of the public expressed concern over the Modesto Police Department’s actions during the June 14th ICE Out protest, criticizing arrests made for wearing masks despite the protest being peaceful. They highlighted inconsistencies in Police enforcement and argued the arrests were aimed at silencing dissent rather than ensuring safety. The speaker called for repeal of the mask Ordinance, an independent investigation into Police misconduct, and dismissal of charges against those arrested. They emphasized the Council’s responsibility to uphold constitutional rights and was disappointed in the lack of action on this issue.
 Nick, a participant in the ICE Out protest and No Kings rally, spoke about wearing masks for health and protection against Police surveillance. He criticized the Police for escalating tensions, targeting vulnerable groups, and abusing the mask mandate to suppress dissent. Nick called for a non-biased community investigation and increased civilian oversight to hold Police accountable and prevent further abuses.  Hortensia Flores, a public servant and immigrant, spoke about peaceful protests against Trump administration policies affecting immigration and civil rights. She highlighted that her community was targeted and faced discrimination during arrests at a recent protest, with detainees held for long hours over mask Ordinance violations. She urged the Council to take the situation seriously, consider the impact on families and children, and work collaboratively to make positive changes for all community members.  Leah Hassett spoke in support of repealing the mask Ordinance and investigating the June 14th incident. She witnessed arrests where officers wearing the same type of masks were arresting protesters, highlighting a double standard. She emphasized that charges against those arrested should be dropped. Leah compared the mask Ordinance to discriminatory voting laws that discourage people from exercising their rights.  Will, a Modesto resident, spoke about witnessing an arrest at a recent protest. He felt the Police response was intimidating rather than de-escalating, which made him, and his #5..
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girlfriend feel scared and almost leave. He emphasized that no one should be intimidated from exercising their right to protest.

Recess: 7:04 p.m.

Reconvened: 7:10 p.m.

CONSENT ITEMS – ROLL CALL VOTE REQUIRED
ACTION CONSENT ITEMS: 8, 10-21, 23, 26 (Alvarez/Bavaro; 6/0)

CONSENT
Consent

8. Consider approving the minutes for the June 24, 2025 Council Meeting. (Funding Source: Not Applicable)
 Motion approving the minutes for the June 24, 2025 Council Meeting.

CITY CLERK; Diane Nayares-Perez, 209-577-5396, [email protected] ACTION: (Alvarez/Bavaro; 6/0) Motion approving the minutes for the June 24, 2025 Council Meeting.

Removed from Consent

9. Consider approving Final Adoption of Ordinance 3798-C.S. amending Section 5-3-9 Of the Zoning Map of the City Of Modesto to Prezone to Specific Plan (P-Sp) Zone for the Founders Point East Specific Plan, approximately 220 Acres located North of Pelandale Avenue, South of Kiernan Avenue, East of Tully Road and West of the former Tidewater Railroad/Future Virginia Trail Corridor (Fitzpatrick Land Development, LLC). (Funding Source: Not Applicable)
 Motion approving Final Adoption of Ordinance 3798-C.S. amending Section 5- 3-9 Of the Zoning Map of the City Of Modesto to Prezone to Specific Plan (PSp) Zone for the Founders Point East Specific Plan, approximately 220 Acres located North of Pelandale Avenue, South of Kiernan Avenue, East of Tully Road and West of the former Tidewater Railroad/Future Virginia Trail Corridor (Fitzpatrick Land Development, LLC).

CITY CLERK; Diane Nayares-Perez, 209-577-5396, [email protected] ACTION: (Williams/Escutia-Braaton; 6/0) Motion approving Final Adoption of Ordinance 3798-C.S. amending Section 5-3-9 Of the Zoning Map of the City Of Modesto to Prezone to Specific Plan (P-Sp) Zone for the Founders Point East Specific Plan, approximately 220 Acres located North of Pelandale Avenue, South of Kiernan Avenue, East of Tully Road and West of the former Tidewater Railroad/Future Virginia Trail Corridor (Fitzpatrick Land Development, LLC).

Consent

10. Consider approving Final Adoption of Ordinance 3799-C.S. amending Precise Plan No. 35 South of the Village One Specific Plan to modify the Circulation Plan and adopting the 15162 Analysis and Ceqa Exemption. (Funding Source: Not Applicable) #5..
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 Motion approving Final Adoption of Ordinance 3799-C.S. amending Precise Plan No. 35 South of the Village One Specific Plan to modify the Circulation Plan and adopting the 15162 Analysis and Ceqa Exemption.

CITY CLERK; Diane Nayares-Perez, 209-577-5396, [email protected] ACTION: (Alvarez/Bavaro; 6/0) Motion approving Final Adoption of Ordinance 3799-C.S. amending Precise Plan No. 35 South of the Village One Specific Plan to modify the Circulation Plan and adopting the 15162 Analysis and Ceqa Exemption.

Consent

11. Consider approving Amendments to various Legal Services Agreements for continued representation in tort cases, police related matters and personnel matters. (Funding Source: General Liability Insurance Fund)
 Resolution approving a Third Amendment to the Legal Services Agreement with Swingle, Van Egmond & Heitlinger increasing the Agreement amount by $100,000, for a total Agreement amount not to exceed $950,000 for continued representation in tort cases, and authorizing the City Manager or his designee, to execute the Amendment.
 Resolution approving a Fourth Amendment to the Legal Services Agreement with Rivera Hewitt Paul, LLP in the amount of $150,000, for a total Agreement amount not to exceed $700,000, for continued representation in police litigation matters and authorizing the City Manager or his designee, to execute the Amendment.
 Resolution approving a Second Amendment to the Legal Services Agreement with Angelo, Kilday and Kilduff in the amount of $200,000, for a total Agreement amount not to exceed $345,000 and increasing the hourly rates for continued representation in police litigation matters and authorizing the City Manager or his designee, to execute the Amendment.
 Resolution approving a Fourth Amendment to the Legal Services Agreement with Sanders Roberts, LLP in the amount of $150,000, for a total Agreement amount not to exceed $695,000, for continued representation in personnel matters, and authorizing the City Manager, or his designee, to execute the Amendment.

CITY ATTORNEY; Jose Sanchez, 209-577-5288, [email protected] ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-259 approving a Third Amendment to the Legal Services Agreement with Swingle, Van Egmond & Heitlinger increasing the Agreement amount by $100,000, for a total Agreement amount not to exceed $950,000 for continued representation in tort cases, and authorizing the City Manager or his designee, to execute the Amendment.

ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-260 approving a Fourth Amendment to the Legal Services Agreement with Rivera Hewitt Paul, LLP in the amount of $150,000, for a total Agreement amount not to exceed $700,000, for continued representation in police litigation matters and authorizing the City Manager or his designee, to execute the Amendment.
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ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-261 approving a Second Amendment to the Legal Services Agreement with Angelo, Kilday and Kilduff in the amount of $200,000, for a total Agreement amount not to exceed $345,000 and increasing the hourly rates for continued representation in police litigation matters and authorizing the City Manager or his designee, to execute the Amendment.

ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-262 approving a Fourth Amendment to the Legal Services Agreement with Sanders Roberts, LLP in the amount of $150,000, for a total Agreement amount not to exceed $695,000, for continued representation in personnel matters, and authorizing the City Manager, or his designee, to execute the Amendment.

Consent

12. Consider approving the recommended budget adjustments to Fiscal Year 2024-25 Annual Operating and Capital Improvement Program Budgets. (Funding Source:

Various Funds)
 Resolution amending Fiscal Year 2024-25 Annual Operating and Capital Improvement Project Fund Budgets and authorizing the City Manager, to take the necessary steps to implement the provisions of this Resolution.

BUDGET; Kaceey Culbertson, 209-571-5855, [email protected] ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-263 amending Fiscal Year 2024- 25 Annual Operating and Capital Improvement Project Fund Budgets and authorizing the City Manager, to take the necessary steps to implement the provisions of this Resolution.

Consent

13. Consider approving Annexation Map #1 to the City of Modesto Community Facilities District No. 2024-1 (Tivoli) and authorizing the levy of special tax on the property located within the annexation map (Funding Source: Developer Deposit)  Resolution approving Annexation #1 to City of Modesto Community Facilities District No. 2024-1 (Tivoli) and authorizing the levy of the special tax on the property located within the annexation map.

CED; Edgar Garcia, 209-577-5211, [email protected] ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-264 approving Annexation #1 to City of Modesto Community Facilities District No. 2024-1 (Tivoli) and authorizing the levy of the special tax on the property located within the annexation map.

Consent

14. Consider approving a Tenth Amendment to the Professional Design Services Agreement for the State Route 132 West Freeway/Expressway - Phase 1 Project with Dokken Engineering, increasing the Agreement by $35,000. (Funding Source:

Regional Measure L)
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 Resolution approving a Tenth Amendment to the Professional Design Services Agreement for the State Route 132 West Freeway/Expressway - Phase 1 Project with Dokken Engineering, increasing the Agreement by $35,000 to a new total amount not to exceed $9,571,933.

ENGINEERING SERVICES; Toby Wells, 209-571-5542, [email protected] ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-265 approving a Tenth Amendment to the Professional Design Services Agreement for the State Route 132 West Freeway/Expressway - Phase 1 Project with Dokken Engineering, increasing the Agreement by $35,000 to a new total amount not to exceed $9,571,933.

Consent

15. Consider approving a Cost Sharing Agreement with the County of Stanislaus regarding reimbursement of costs related to the construction of Urban Pocket Area 9 – ColoradoRouse Project. (Funding Source: State Earmark Funds)  Resolution approving a Cost Sharing Agreement with the County of Stanislaus regarding reimbursement of costs related to the construction of Urban Pocket Area 9 – Colorado-Rouse Project and authorizing the City Manager or his designee to execute the Agreement.

ENGINEERING SERVICES; Jaspreet Mangat, 209-577-5253,
[email protected]
ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-266 approving a Cost Sharing Agreement with the County of Stanislaus regarding reimbursement of costs related to the construction of Urban Pocket Area 9 – Colorado-Rouse Project and authorizing the City Manager or his designee to execute the Agreement.

Consent

16. Consider approving the Final Map and Subdivision Improvement Agreement (SIA) for the Tivoli Arcadia Unit 1 Subdivision consisting of roughly 18.74 acres located North of Sylvan on future Aria Way APN # 083-004-090. (Funding Source: Developer Fees)  Resolution approving the Final Map for Tivoli Arcadia Unit 1 Subdivision, approving the Subdivision Improvement Agreement and authorizing the City Manager, or designee, to execute the Agreement with the owner, KB Home North Bay LLC and authorize the City Clerk to certify the Final Map and record with the Stanislaus County Recorder’s Office.

ENGINEERING SERVICES; Jaspreet Mangat, 209-577-5253,
[email protected]
ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-267 approving the Final Map for Tivoli Arcadia Unit 1 Subdivision, approving the Subdivision Improvement Agreement and authorizing the City Manager, or designee, to execute the Agreement with the owner, KB Home North Bay LLC and authorize the City Clerk to certify the Final Map and record with the Stanislaus County Recorder’s Office. #5..
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Consent

17. Consider approving the Final Map and Subdivision Improvement Agreement (SIA) for the Tivoli Snow Subdivision consisting of roughly 38.91 acres located Northeast corner of Aria Way and Sylvan Avenue APN # 083-004-068. (Funding Source:

Developer Fees)
 Resolution approving the Final Map for Tivoli Snow Subdivision, approving the Subdivision Improvement Agreement and authorizing the City Manager, or his designee, to execute the Agreement with KB Home North Bay LLC, and authorize the City Clerk to certify the Final Map and record with the Stanislaus County Recorder’s office.

ENGINEERING SERVICES; Jaspreet Mangat, 209-577-5253,
[email protected]
ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-268 approving the Final Map for Tivoli Snow Subdivision, approving the Subdivision Improvement Agreement and authorizing the City Manager, or his designee, to execute the Agreement with KB Home North Bay LLC, and authorize the City Clerk to certify the Final Map and record with the Stanislaus County Recorder’s office.

Consent

18. Consider accepting an Informational Report for the May 2025 Accounts Payable Payment Register and Void Report (Funding Source: Not Applicable)  Motion accepting an Informational Report for the May 2025 Accounts Payable Payment Register and Void Report.

FINANCE DEPARTMENT; Maria Garnica, 209-577-5249,
[email protected]
ACTION: (Alvarez/Bavaro; 6/0) Motion accepting an Informational Report for the May 2025 Accounts Payable Payment Register and Void Report.

Consent

19. Consider accepting the Monthly Investment Report for April 2025 (Funding Source:

Various Funds)
 Motion accepting the Monthly Investment Report for April 2025.

FINANCE DEPARTMENT; Calogero Maniscalco, 209-577-5219,
[email protected]
ACTION: (Alvarez/Bavaro; 6/0) Motion accepting the Monthly Investment Report for April 2025.

Consent

20. Consider approving the purchase for three Fleet Additions for Fleet Vehicles which includes one Ravo 5-iSeries Compact Sweeper, one Boom Lift Genie Truck and one Ford F-550 Truck in a total amount not to exceed $694,008. (Funding Source: Measure H, Water Fund, and Sewer Fund)
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 Resolution approving the Competitive Bidding Process from Sourcewell to RAVO Holding BV, dba Fayat Environmental Solutions Americas Schwarze Industries, Inc., Fairfield, NJ under the authorized dealer, Municipal Maintenance Equipment, Sacramento, CA for the purchase of one Ravo 5- iSeries Compact Sweeper for an amount not to exceed $318,346; and authorizing the Purchasing Manager, or her designee, to issue the Purchase Order; and authorizing the Purchasing Manager or her designee to execute any change orders not to exceed 15% of the total purchase price.  Resolution approving the Competitive Bidding Process from Sourcewell to Caterpillar Inc., Deerfield, IL under the authorized dealer, Holt of CA, Salida, CA for the purchase of one Boom Lift Genie Truck for an amount not to exceed $181,500; and authorizing the Purchasing Manager, or her designee, to issue the Purchase Order; and authorizing the Purchasing Manager or her designee to execute any change orders not to exceed 15% of the total purchase price.  Resolution approving the Competitive Bidding Process from Sourcewell to Rush Enterprises dba Rush Truck Centers of New Braunfels, TX under the authorized dealer, Rush Medium-Duty Truck Centers of California Inc. dba Rush Truck Centers, Ceres, CA for the purchase of one Ford F-550 Truck for an amount not to exceed $103,639; and authorizing the Purchasing Manager, or her designee, to issue the Purchase Order; and authorizing the Purchasing Manager or her designee to execute any change orders not to exceed 15% of the total purchase price.

FINANCE DEPARTMENT; Dianne Love, 209-571-5164, [email protected] ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-269 approving the Competitive Bidding Process from Sourcewell to RAVO Holding BV, dba Fayat Environmental Solutions Americas Schwarze Industries, Inc., Fairfield, NJ under the authorized dealer, Municipal Maintenance Equipment, Sacramento, CA for the purchase of one Ravo 5-iSeries Compact Sweeper for an amount not to exceed $318,346; and authorizing the Purchasing Manager, or her designee, to issue the Purchase Order; and authorizing the Purchasing Manager or her designee to execute any change orders not to exceed 15% of the total purchase price.

ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-270 approving the Competitive Bidding Process from Sourcewell to Caterpillar Inc., Deerfield, IL under the authorized dealer, Holt of CA, Salida, CA for the purchase of one Boom Lift Genie Truck for an amount not to exceed $181,500; and authorizing the Purchasing Manager, or her designee, to issue the Purchase Order; and authorizing the Purchasing Manager or her designee to execute any change orders not to exceed 15% of the total purchase price.

ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-271 approving the Competitive Bidding Process from Sourcewell to Rush Enterprises dba Rush Truck Centers of New Braunfels, TX under the authorized dealer, Rush Medium-Duty Truck Centers of California Inc. dba Rush Truck Centers, Ceres, CA for the purchase of one Ford F-550 Truck for an amount not to exceed $103,639; and authorizing the Purchasing Manager, or her designee, to issue the Purchase Order; and authorizing the Purchasing Manager #5..
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or her designee to execute any change orders not to exceed 15% of the total purchase price.

Consent

21. Consider approving an Agreement with RingCentral, Inc., for Annual Telecommunication Services for a total amount not to exceed $2,058,335 over five years. (Funding Source: Information Technology Fund)
 Resolution approving the Agreement with RingCentral, Inc., Belmont, CA, by utilizing the Competitive Bid Process from Region 4 ESC in partnership with OMNIA Partners, for Annual Telecommunication Services, for a three-year Agreement with two one-year extension options, for annual estimated amount of $411,667 and a total amount not to exceed $2,058,335 over five years and authorizing the City Manager, or his designee, to execute the Agreement.

IT; Kyle Ford, 209-571-5593, [email protected]
ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-272 approving the Agreement with RingCentral, Inc., Belmont, CA, by utilizing the Competitive Bid Process from Region 4 ESC in partnership with OMNIA Partners, for Annual Telecommunication Services, for a three-year Agreement with two one-year extension options, for annual estimated amount of $411,667 and a total amount not to exceed $2,058,335 over five years and authorizing the City Manager, or his designee, to execute the Agreement.

Removed from Consent

22. Consider approving the First Amendment with Mather Aviation, LLC, Mather, CA, for Aircraft Maintenance and Repair Services increasing the Agreement amount by $427,776 and extending the term of the Agreement from September 30, 2026, to September 30, 2027. (Funding Source: Various Funds)
 Resolution approving the First Amendment with Mather Aviation, LLC, for Aircraft Maintenance and Repair Services increasing the Agreement amount by $427,776, to a new estimated annual amount of $195,848, a new total amount not to exceed $587,544 through the term of the Agreement and extending the term of the Agreement from September 30, 2026, to September 30, 2027; and authorizing the City Manager, or his designee to execute the Amendment.

POLICE DEPARTMENT; Kalani Souza, 209-572-9500, [email protected] ACTION: (Ricci/Bavaro; 6/0) Resolution 2025-273 approving the First Amendment with Mather Aviation, LLC, for Aircraft Maintenance and Repair Services increasing the Agreement amount by $427,776, to a new estimated annual amount of $195,848, a new total amount not to exceed $587,544 through the term of the Agreement and extending the term of the Agreement from September 30, 2026, to September 30, 2027; and authorizing the City Manager, or his designee to execute the Amendment.

Consent

23. Consider approving the Memorandum of Understanding with Stanislaus County for Regional Solid Waste Disposal at Fink Road Landfill, with the term ending on June 30, 2035. (Funding Source: Various)
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 Resolution approving the Memorandum of Understanding with Stanislaus County for Regional Solid Waste Disposal at Fink Road Landfill, with the term ending on June 30, 2035, and authorizing the City Manager, or his designee, to execute the Agreement.

PUBLIC WORKS; Kolton Pacheco, 209-577-5493, [email protected] ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-274 approving the Memorandum of Understanding with Stanislaus County for Regional Solid Waste Disposal at Fink Road Landfill, with the term ending on June 30, 2035, and authorizing the City Manager, or his designee, to execute the Agreement.

Removed from Consent

24. Consider approving the Sole Source Procurement of a Caterpillar C27 Tier 4 Engine, or equivalent engine meeting Air Board regulations, to Holt of California, Sacramento, CA for an amount not to exceed $271,720. (Funding Source: Compost Operations Fund)
 Resolution approving the Sole Source Procurement of a Caterpillar C27 Tier 4 Engine, or equivalent engine meeting Air Board regulations, to Holt of California, Sacramento, CA for an amount not to exceed $271,720 including a 15% contingency for the repower of the Compost Diamond Z DZH5000 Horizontal, and authorizing the Director of Finance, or her designee, to issue the Purchase Order.

PUBLIC WORKS; Patrick Crowley, 209-342-2274, [email protected] ACTION: (Bavaro/Alvarez; 6/0) Resolution 2025-275 approving the Sole Source Procurement of a Caterpillar C27 Tier 4 Engine, or equivalent engine meeting Air Board regulations, to Holt of California, Sacramento, CA for an amount not to exceed $271,720 including a 15% contingency for the repower of the Compost Diamond Z DZH5000 Horizontal, and authorizing the Director of Finance, or her designee, to issue the Purchase Order.

Removed from Consent

25. Consider approving an Engineering Services Agreement with West Yost Associates, of Davis, CA for the Salida Community Plan Water Supply Assessment and Water System Evaluation in a total Agreement amount not to exceed $102,410 and entering into a Memorandum of Understanding with Stanislaus County. (Funding Source: Water Fund)
 Resolution approving an Engineering Services Agreement with West Yost Associates, of Davis, CA for the Salida Community Plan Water Supply Assessment and Water System Evaluation in the amount of $93,100, plus $9,310 in additional services, if needed, for a total Agreement amount not to exceed $102,410 and authorizing the City Manager, or his designee, to execute the Agreement.
 Resolution approving entering into a Memorandum of Understanding with Stanislaus County regarding reimbursement of costs related to the Salida #5..
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Community Plan Water Supply Assessment and Water System Evaluation and authorizing the City Manager, or his designee, to execute the Agreement.  Resolution approving an amendment to the Fiscal Year 2025-26 Multi-Year Program Budget in the amount of $112,410 from Water Fund Reserves to fund the Salida Community Plan Water Supply Assessment and Water System Evaluation and authorizing the City Manager, or his designee, to implement the provisions of the Resolution.

UTILITIES; Jim Alves, 209-571-5557, [email protected] ACTION: (Williams/Escutia-Braaton; 6/0) Resolution 2025-276 approving an Engineering Services Agreement with West Yost Associates, of Davis, CA for the Salida Community Plan Water Supply Assessment and Water System Evaluation in the amount of $93,100, plus $9,310 in additional services, if needed, for a total Agreement amount not to exceed $102,410 and authorizing the City Manager, or his designee, to execute the Agreement.

ACTION: (Williams/Escutia-Braaton; 6/0) Resolution 2025-277 approving entering into a Memorandum of Understanding with Stanislaus County regarding reimbursement of costs related to the Salida Community Plan Water Supply Assessment and Water System Evaluation and authorizing the City Manager, or his designee, to execute the Agreement.

ACTION: (Williams/Escutia-Braaton; 6/0) Resolution 2025-278 approving an amendment to the Fiscal Year 2025-26 Multi-Year Program Budget in the amount of $112,410 from Water Fund Reserves to fund the Salida Community Plan Water Supply Assessment and Water System Evaluation and authorizing the City Manager, or his designee, to implement the provisions of the Resolution.

Consent

26. Consider approving the Final Initial Study/Mitigated Negative Declaration for the Stanislaus Elementary School 1,2,3-TCP Mitigation Project in accordance with the California Environmental Quality Act. (Funding Source: Water Fund)  Resolution approving the Final Initial Study/Mitigated Negative Declaration for the Stanislaus Elementary School 1,2,3-TCP Mitigation Project in accordance with the California Environmental Quality Act.

UTILITIES; Jim Alves, 209-571-5557, [email protected] ACTION: (Alvarez/Bavaro; 6/0) Resolution 2025-279 approving the Final Initial Study/Mitigated Negative Declaration for the Stanislaus Elementary School 1,2,3-TCP Mitigation Project in accordance with the California Environmental Quality Act.

COUNCIL COMMENTS & REPORTS
Councilmember Ricci expressed that while he does not support actions violating civil rights, he urges thoughtful, deliberate decision-making rather than reactive measures regarding the mask Ordinance. He acknowledges the Ordinance was passed hastily in #5..
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2019 and supports using the existing Civilian Police Review Board to address concerns, believing it to be the best way to resolve the issue.

Councilmember Escutia-Braaton reported that this year’s 4th of July saw a 31% decrease in Fire Department calls and a 43% reduction in vegetation fire responses, likely due to increased fines for illegal fireworks and stronger enforcement by Police and Firefighters.

Despite fewer fireworks, more citations were issued thanks to improved equipment. She also highlighted upcoming school supply drives in her district to support students returning to school, encouraging community donations and participation.

Councilmember Williams expressed gratitude to the community for coming out to celebrate the 4th of July with about 30,000 attendees enjoying family and youth-focused events. He thanked the Stanislaus Latino Chamber of Commerce for supporting the Kiwanis parade and highlighted the successful Stanislaus County Fair, emphasizing the importance of community and togetherness amid challenging times.

Mayor Zwahlen highlighted attending the Modesto Police Department graduation ceremony on July 2nd with Councilmember Escutia-Braaton and a promotional event for local employees. She also noted the groundbreaking of the long-planned North County corridor project on July 8th, which will improve and widen roads for better safety.

Additionally, she acknowledged the successful Stanislaus County Fair, organized in part by Councilmember Williams, as a great community event.

CITY MANAGER COMMENTS & REPORTS
None

UNFINISHED BUSINESS

27. Consider approving the Plans and Specifications for the Rebid Virginia Corridor Phase 7 Project, accepting the Bid and Awarding a Construction Contract to Andrew M Jordan Inc. dba A & B Construction of Oakland, CA, in the amount not to exceed $9,243,933 and consider approving an Agreement with TRC Engineering, Inc. of Rancho Cordova, CA, for Construction Management and Inspection Services for a total amount not to exceed $878,087 (Funding Source: Various Funds)  Resolution approving the Plans and Specifications for the Rebid Virginia Corridor Phase 7 Project, accepting the Bid and Awarding a Construction Contract to Andrew M. Jordan Inc. dba A & B Construction of Oakland, CA, in the amount of $8,559,197, authorizing $684,736 for contingency (if needed), for a total payment amount not to exceed $9,243,933, and authorizing the City Manager, or his designee, to execute the Agreement.
 Resolution approving the Agreement with TRC Engineering, Inc, of Rancho Cordova, CA, for Construction Management and Inspection Services for the Virginia Corridor Phase 7 Project in the amount of $798,261, plus $79,826 in additional services, if needed, for a total amount not to exceed $878,087 and authorizing the City Manager, or his designee, to execute the Agreement. #5..
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 Resolution amending the Fiscal Year 2025-26 Capital Improvement Program budget to fund Project #100813 (Virginia Corridor Ph 7) in an amount not to exceed $1,136,525 in transfers, revenue, and to budget expenditures to fund the project, and authorizing the City Manager, or his designee, to implement the provisions of this resolution.
 Resolution amending the Fiscal Year 2025-26 Measure H Spending Plan to appropriate funding to Capital Improvement Program budget to fund Project #100813 (Virginia Corridor Ph 7) in an amount not to exceed $276,532 in transfers, revenue, and to budget expenditures to fund the project, and authorizing the City Manager, or his designee, to implement the provisions of this resolution.

ENGINEERING SERVICES; Nathan Houx, 209-571-5526, [email protected] ACTION: (Williams/Ricci; 6/0) Resolution 2025-280 approving the Plans and Specifications for the Rebid Virginia Corridor Phase 7 Project, accepting the Bid and Awarding a Construction Contract to Andrew M. Jordan Inc. dba A & B Construction of Oakland, CA, in the amount of $8,559,197, authorizing $684,736 for contingency (if needed), for a total payment amount not to exceed $9,243,933, and authorizing the City Manager, or his designee, to execute the Agreement.

ACTION: (Williams/Ricci; 6/0) Resolution 2025-281 approving the Agreement with TRC Engineering, Inc, of Rancho Cordova, CA, for Construction Management and Inspection Services for the Virginia Corridor Phase 7 Project in the amount of $798,261, plus $79,826 in additional services, if needed, for a total amount not to exceed $878,087 and authorizing the City Manager, or his designee, to execute the Agreement.

ACTION: (Williams/Ricci; 6/0) Resolution 2025-282 amending the Fiscal Year 2025-26 Capital Improvement Program budget to fund Project #100813 (Virginia Corridor Ph 7) in an amount not to exceed $1,136,525 in transfers, revenue, and to budget expenditures to fund the project, and authorizing the City Manager, or his designee, to implement the provisions of this resolution.

ACTION: (Williams/Ricci; 6/0) Resolution 2025-283 amending the Fiscal Year 2025-26 Measure H Spending Plan to appropriate funding to Capital Improvement Program budget to fund Project #100813 (Virginia Corridor Ph 7) in an amount not to exceed $276,532 in transfers, revenue, and to budget expenditures to fund the project, and authorizing the City Manager, or his designee, to implement the provisions of this resolution.

HEARINGS
Published in the Modesto Bee on July 11, 2025.

28. Hearing to consider establishing City of Modesto Community Facilities District (CFD) No. 2025-2 (Village One Triangle), authorizing the levy of special taxes therein, calling a special election; declaring the results of the July 22, 2025, special election, #5..
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and approving the Subdivision Improvement Agreement (SIA) and Final Map of The Crossings Phase I Subdivision of roughly 29.94 acres consisting of 164 residential lots, two landscape lots, and one park lot located east of Claus Road and north of East Briggsmore Avenue APN # 014-026-017. (Funding Source: Developer Fees)  Resolution declaring the formation of the City of Modesto Community Facilities District No. 2025-2 (Village One Triangle), conditionally authorizing the levy of special taxes therein, and conditionally establishing an annual appropriations limit of $12,400,000.
 Resolution of the City Council of the City of Modesto, California, acting as the legislative body of the City of Modesto Community Facilities District No. 2025-2 (Village One Triangle), calling for a special election.  Resolution declaring the results of July 22, 2025, special election and approving certain related actions pertaining to City of Modesto Community Facilities District No. 2025-2 (Village One Triangle).
 Motion introducing an ordinance authorizing the levy of special taxes within the City of Modesto held within City of Modesto Community Facilities District No. 2025-2 (Village One Triangle).
 Resolution approving the Final Map and Subdivision Improvement Agreement for The Crossings Phase I subdivision, and authorizing the City Manager, or designee, to execute the Subdivision Improvement Agreement with the Owner, D.R. Horton Bay Inc., a Delaware Corporation, and authorizing the City Clerk to certify the Final Map and record with the Stanislaus County Recorder’s Office.

CED; Edgar Garcia, 209-577-5211, [email protected] ACTION: (Escutia-Braaton/Williams; 6/0) Resolution 2025-284 declaring the formation of the City of Modesto Community Facilities District No. 2025-2 (Village One Triangle), conditionally authorizing the levy of special taxes therein, and conditionally establishing an annual appropriations limit of $12,400,000.

ACTION: (Williams/Ricci; 6/0) Resolution 2025-285 of the City Council of the City of Modesto, California, acting as the legislative body of the City of Modesto Community Facilities District No. 2025-2 (Village One Triangle), calling for a special election.

ACTION: (Alvarez/Williams; 6/0) Resolution 2025-286 declaring the results of July 22, 2025, special election and approving certain related actions pertaining to City of Modesto Community Facilities District No. 2025-2 (Village One Triangle).

ACTION: (Williams/Escutia-Braaton; 6/0) Motion introducing an Ordinance 3800- C.S. authorizing the levy of special taxes within the City of Modesto held within City of Modesto Community Facilities District No. 2025-2 (Village One Triangle).

ACTION: (Williams/Alvarez; 6/0) Resolution 2025-287 approving the Final Map and Subdivision Improvement Agreement for The Crossings Phase I subdivision, and authorizing the City Manager, or designee, to execute the Subdivision Improvement #5..
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Agreement with the Owner, D.R. Horton Bay Inc., a Delaware Corporation, and authorizing the City Clerk to certify the Final Map and record with the Stanislaus County Recorder’s Office.

Published in the Modesto Bee on July 11, 2025.

29. Hearing to consider approving the issuance of Bonds by the California Statewide Communities Development Authority (CSCDA) for the benefit of Kaiser Permanente (the “Borrower”) an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, to provide for the financing of the Project, for the purposes of satisfying the requirements of the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA), the Internal Revenue Code and California Government Code Section 6500, et seq. (Funding Source: Not Applicable)
 Resolution approving the issuance of California Statewide Communities Development Authority Kaiser Permanente Revenue Bonds in one or more Series from time to time pursuant to a plan of finance in an aggregate principal amount not to exceed $880,000,000 for the purpose of financing or refinancing the acquisition, construction, improvement, equipping, renovation, rehabilitation, remodeling and other capital projects of certain health facilities and certain other matters relating thereto.

FINANCE DEPARTMENT; DeAnna Christensen, 209-577-5387,
[email protected]
ACTION: (Bavaro/Williams; 6/0) Resolution 2025-288 approving the issuance of California Statewide Communities Development Authority Kaiser Permanente Revenue Bonds in one or more Series from time to time pursuant to a plan of finance in an aggregate principal amount not to exceed $880,000,000 for the purpose of financing or refinancing the acquisition, construction, improvement, equipping, renovation, rehabilitation, remodeling and other capital projects of certain health facilities and certain other matters relating thereto.

Published in the Modesto Bee on July 11, 2025.

30. Hearing to consider an Ordinance amending Title 10 of the Modesto Municipal Code to add Chapter 3, Article 8, “Smoke Shops,” and amending Title 4 of the Modesto Municipal Code to add Chapter 24, Smoke Shops,” establishing regulations and requirements for Smoke Shops, including permitting and enforcement, within the City and a resolution to adopt the application fee, annual permit fee, and re-inspection fee for the Smoke Shop Permit Program. (Funding Source: General Fund)  Motion introducing and waiving the first reading of an ordinance amending Title 10 of the Modesto Municipal Code to add Chapter 3, Article 8, “Smoke Shops,” and amending Title 4 of the Modesto Municipal Code to add Chapter 24, Smoke Shops,” establishing regulations and requirements for Smoke Shops, including permitting and enforcement, within the City.
 Resolution adopting the application fee, annual permit fee, and re-inspection fee for the Smoke Shop Permit Program.

CITY ATTORNEY; Jose Sanchez, 209-577-5284, [email protected] #5..
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ACTION: (Ricci/Bavaro; 6/0) Motion introducing and waiving the first reading of an Ordinance 3801-C.S. amending Title 10 of the Modesto Municipal Code to add Chapter 3, Article 8, “Smoke Shops,” and amending Title 4 of the Modesto Municipal Code to add Chapter 24, Smoke Shops,” establishing regulations and requirements for Smoke Shops, including permitting and enforcement, within the City.

ACTION: (Bavaro/Ricci; 6/0) Resolution 2025-289 adopting the application fee, annual permit fee, and re-inspection fee for the Smoke Shop Permit Program.

MATTERS TOO LATE FOR THE AGENDA
None.

ADJOURNMENT
This meeting adjourned at 10:39 P.M.

Attest:____________________________
Diane Nayares-Perez, City Clerk
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All Closed Session Matters Heard Prior to the Meeting

CLOSED SESSION
CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Three Cases (Pursuant to Section 54956.9(d)(1) of the Government Code) Name of Case: Michael Karsner v. City of Modesto, et al.

Superior Court of California, County of Stanislaus
Case No.: CV-23-000684
Joshua & Sylvia Vasquez v. City of Modesto, et al.

Superior Court of California, County of Stanislaus
Case No.: CV-23-000477
Carmen Pina & Fatima Ordaz v. City of Modesto, et al.

Superior Court of California, County of Stanislaus
Case No.: CV-21-006540
CONFERENCE WITH REAL PROPERTY NEGOTIATORS:
(Pursuant to Section 54956.8 of the Government Code)
Property: 601 Neece Dr., Modesto, CA 95351; APN: 102-012-001 and 102-012-004 Property Owners: City of Modesto
Negotiating Parties:

For City: Joseph P. Lopez, City Manager
For Lessee: Michael Shapiro, President – Pioneer Baseball League Under Negotiation: Price and Terms of Lease
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- 1 - ORDINANCE NO. 3800-C.S.

EFFECTIVE DATE: September 11, 2025
ORDINANCE NO. 3800-C.S.

AN ORDINANCE AUTHORIZING THE LEVY OF SPECIAL TAXES WITHIN

THE CITY OF MODESTO HELD WITHIN CITY OF MODESTO COMMUNITY FACILITIES DISTRICT NO. 2025-2 (VILLAGE ONE TRIANGLE)
The Council of the City of Modesto does ordain as follows:

WHEREAS, on June 10, 2025, this City Council adopted Resolution No. 2025-196 stating its intention to form City of Modesto Community Facilities District No. 2025-2 (Village One Triangle) (the “Community Facilities District”), and designate certain property for future annexation to the Community Facilities District (the “Future Annexation Area”), pursuant to the Mello-Roos Community Facilities Act of 1982, as amended (the “Act”) in order to finance certain facilities and services and incidental expenses to be incurred in connection with financing the foregoing; and WHEREAS, the City Council has held a noticed public hearing concerning the establishment of the Community Facilities District, including the designation the Future Annexation Area, as required by the Act; and
WHEREAS, subsequent to said hearing, the City Council adopted resolutions entitled “A Resolution Declaring the Formation of City of Modesto Community Facilities District No. 2025-2 (Village One Triangle), Conditionally Authorizing the Levy of Special Taxes Therein, and Conditionally Establishing an Annual Appropriations Limit of $12,400,000” (the “Resolution of Formation”), and Resolution of the City Council of the City of Modesto, California, acting as the Legislative Body of the City of Modesto Community Facilities District No. 2025-2 (Village One Triangle), Calling a Special Election,” which resolutions established the Community Facilities District, authorized the #6..
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- 2 - ORDINANCE NO. 3800-C.S.

EFFECTIVE DATE: September 11, 2025
levy of special taxes therein, and called an election within the Community Facilities District on the propositions of (a) the levy of special taxes in accordance with the rate and method of apportionment of special tax set forth in the Resolution of Formation (the “Special Taxes”), and (b) the establishment of an appropriations limit for the Community Facilities District (the “Proposition”); and
WHEREAS, an election was held on July 22, 2025, within the Community Facilities District at which the qualified electors approved by more than a two-thirds vote the Proposition.

NOW, THEREFORE, the Council of the City of Modesto, acting as the legislative body of the City of Modesto Community Facilities District No. 2025-2 (Village One Triangle), DOES ORDAIN as follows:

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

SECTION 2. By the passage of this Ordinance, the City Council authorizes and levies special taxes within the Community Facilities District at the rates and in accordance with the methods of apportionment set forth in Attachment A to the Resolution of Formation and which, for reference purposes, is attached hereto as Attachment A and incorporated by this reference, or as may be modified or amended from time to time by a resolution of change or resolution of annexation adopted pursuant to the provisions of the Act (the “Rate and Method”).

By passage of this Ordinance, the City Council authorizes the levy of a special tax for any approved future annexations in accordance with the then-existing Rate and Method. #6..
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- 3 - ORDINANCE NO. 3800-C.S.

EFFECTIVE DATE: September 11, 2025
SECTION 3. The City’s Community Development Manager shall be responsible for annually preparing, or causing the preparation of, the current roll of special tax levy obligations by assessor’s parcel number on non-exempt property within the Community Facilities District. The City Council or, to the maximum extent permitted by law, the City’s Community Development Manager is authorized to determine the specific special taxes to be levied on each parcel of land in the Community Facilities District, in the manner and as provided in the Rate and Method. In connection with the foregoing, the Administrator of the Infrastructure Financing Program of the City shall take any and all steps necessary in order to deliver to the Stanislaus County Tax Collector, on or before the date specified in Section 53340, a certified list of all parcels subject to the Annual Maintenance Special Tax (as defined in the Rate and Method) levies, including the amount of each such tax to be levied on each parcel for the applicable tax year. The special taxes to be levied shall not exceed the maximum rates set forth in the Rate and Method, but the special taxes may be levied at lower rates.

SECTION 4. Properties of entities of the state, federal or other local governments shall be exempt from the above-referenced special taxes only to the extent set forth in the Rate and Method, and otherwise shall be subject to tax consistent with the provisions of Section 53317.3 of the Act in effect as of the date of adoption of this Ordinance.

SECTION 5. All of the collections of the special taxes shall be used only as provided for in the Act and the Resolution of Formation and any resolution of change or resolution of annexation adopted from time to time by the City Council. The special taxes shall be levied only so long as needed to accomplish the purposes described in the #6..
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EFFECTIVE DATE: September 11, 2025
Resolution of Formation and the Rate and Method, and to be described in any resolution of change or resolution of annexation adopted from time to time by the City Council.

SECTION 6. The Annual Maintenance Special Tax shall be collected in the same manner as ordinary ad valorem taxes are collected and shall be subject to the same penalties and the same procedure and sale in cases of delinquency as provided for ad valorem taxes as such collection procedure may be modified by law or this City Council from time to time. Notwithstanding the foregoing, the City’s Community Development Manager may collect, or cause to be collected, one or more installments of such special taxes by means of direct billing of the property owners within the Community Facilities District if, in the judgment of the City’s Community Development Manager, such means of collection will reduce the burden of administering the Community Facilities District or is otherwise appropriate in the circumstances. In such event, such special taxes shall become delinquent if not paid when due as set forth in any such respective billing to the property owners.

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

SECTION 7. This Ordinance relating to the levy of the special tax takes effect and shall be in force immediately after the date of final passage pursuant to Government Code Section 36937(a).

SECTION 8. At least two (2) days prior to its final adoption, copies of this Ordinance shall be posted in at least three (3) prominent and distinct locations in the City; and a notice shall be published once in The Modesto Bee, the official newspaper of the City of Modesto, setting forth the title of this Ordinance, the date of its introduction and the places where this Ordinance is posted.
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- 5 - ORDINANCE NO. 3800-C.S.

EFFECTIVE DATE: September 11, 2025
The foregoing Ordinance was introduced at a regular meeting of the Council of the City of Modesto held on the 22nd day of July 2025, by Councilmember Williams, who moved its introduction and passage to print, which motion being duly seconded by Councilmember Escutia-Braaton, was upon roll call carried and ordered printed and published by the following vote:

AYES: Councilmembers: Alvarez, Bavaro, Escutia-Braaton, Ricci, Williams Mayor Zwahlen
NOES: Councilmembers: None
ABSENT: Councilmembers: Wright
APPROVED: __________________________
SUE ZWAHLEN, Mayor
ATTEST:

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

BY: _________________________________
JOSE M. SANCHEZ, City Attorney
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- 6 - ORDINANCE NO. 3800-C.S.

EFFECTIVE DATE: September 11, 2025

FINAL ADOPTION CLAUSE
The foregoing Ordinance, having been published as required by the Charter of the City of Modesto, and coming on for final consideration at the regular meeting of the Council of the City of Modesto held on the 12th day of August 2025, Councilmember X moved its final adoption, which motion being duly seconded by Councilmember Y, was upon roll carried and the Ordinance adopted by the following vote:

AYES: Councilmembers: Alvarez, Bavaro, Escutia-Braaton, Ricci, Williams, Wright, Mayor Zwahlen
NOES: Councilmembers: None
ABSENT: Councilmembers: None
APPROVED: ___________________________

SUE ZWAHLEN, MAYOR
ATTEST: ___________________________________
DIANE NAYARES-PEREZ, City Clerk
Effective Date: September 11, 2025
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CITY OF MODESTO
ORDINANCE NO. 3800-C.S.

The following Ordinance was introduced by the City Council of the City of Modesto at the meeting of July 22, 2025:

AN ORDINANCE AUTHORIZING THE LEVY OF SPECIAL TAXES WITHIN THE

CITY OF MODESTO HELD WITHIN CITY OF MODESTO COMMUNITY
FACILITIES DISTRICT NO. 2025-2 (VILLAGE ONE TRIANGLE)
Copies of the above-mentioned ordinance are posted at the following locations:
 Tenth Street Place, 1010 10th Street
 Neighborhood Center at Marshall Park, 420 Chicago Ave.  Senior Citizen Center, 211 Bodem Street
Diane Nayares-Perez
City Clerk
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EFFECTIVE DATE: September 11, 2025
ORDINANCE NO. 3801-C.S.

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
MODESTO AMENDING TITLE 10 OF THE MODESTO MUNICIPAL
CODE TO ADD CHAPTER 3, ARTICLE 8, “SMOKE SHOPS,”
AMENDING TITLE 4 OF THE MODESTO MUNICIPAL CODE TO ADD
CHAPTER 24, “SMOKE SHOPS,” ESTABLISHING REGULATIONS

AND REQUIREMENTS FOR SMOKE SHOPS, INCLUDING

PERMITTING AND ENFORCEMENT, WITHIN THE CITY
WHEREAS, the City of Modesto (“City”) is a municipal corporation duly organized as a Charter City under the constitution and laws of the State of California; and WHEREAS, the City Council has broad discretion pursuant to Article II, Sections 200 and 201 of the City Charter; California Constitution Article XI, Section 5 and Section 7; and the general law of the state, including, but not limited to, the California Planning and Zoning Law (Gov. Code section 65000 et seq.), to legislate for public purposes and for the general welfare, including, but not limited to, matters of public health and safety; and WHEREAS, the City protects the public health, safety, and welfare of the community through numerous avenues, including by establishing and enforcing zoning, licensing, and health and safety regulations on specified commercial activities; and WHEREAS, over the last few years, the City has seen a proliferation of smoke shops within the City that continue to engage in illegal sales and activity; and WHEREAS, the City is concerned about this proliferation of smoke shop businesses, locations of smoke shops, illegal sales and activity at smoke shops, and the harmful effects of tobacco on the health, safety, and welfare of City residents, especially the youth; and WHEREAS, many state laws have been adopted that acknowledge the public health impacts of tobacco, especially flavored tobacco products, and specifically their effect on minors.

For example, state law was amended to increase the minimum age for purchasing tobacco from 18 years old to 21. State law also prohibits smoking in playgrounds. State law also prohibits smoking within 20 feet of the main entrances and exits of public buildings; and WHEREAS, on November 8, 2022, California voters approved Proposition 31 to uphold the state law (“SB 793”) prohibiting a tobacco retailer, or any of the tobacco retailer’s agents or employees, from selling, offering for sale, or possessing with the intent to sell or offer for sale, most flavored tobacco products including flavored e-cigarettes and menthol cigarettes, as well as tobacco product flavor enhancers in retail locations; and WHEREAS, on October 7, 2023, Governor Newsom signed into law AB 935, strengthening the enforcement of the flavored tobacco retail law and broadening the definition of retail location; and
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- 2 - ORDINANCE NO. 3801-C.S.

EFFECTIVE DATE: September 11, 2025
WHEREAS, on September 23, 2024, the California Department of Public Health (“CDPH”) promulgated emergency regulations related to industrial hemp and the threat to public health, safety, and welfare, particularly to minors; and WHEREAS, the CDPH regulations come after California Governor Gavin Newsom directed the CDPH to draft emergency regulations, citing the increasing amounts of safety concerns from the adverse health effects of intoxicating hemp food and beverage products; and WHEREAS, the emergency regulations aim to combat hemp products containing tetrahydrocannabinol (“THC”) that skirt the age and sale restrictions that have been placed on recreational marijuana sold through licensed and regulated dispensaries; and WHEREAS, hemp products have been found to be sold in tobacco retailer businesses or smoke shops, with marketing aimed toward children featuring colorful packaging designs and sweet candy flavors; and
WHEREAS, as currently defined under state law, “industrial hemp” is permitted to contain a delta-9 THC concentration of no more than 0.3 percent on a dry weight basis; however, the emergency regulations prohibit industrial hemp final form food and beverage products, specifically, from containing any detectable level of THC; and WHEREAS, the emergency regulations expand on the number of psychoactive cannabinoids that will need to be undetectable in industrial hemp final food form products, including edibles such as gummies, other candies, and drinks, as well as restricting the serving sizes such products contain to five servings or less and limiting sales of the products to consumers who are at least 21 years of age; and
WHEREAS, the City has no specific regulations for smoke shops aimed at protecting minors, such as distance requirements from schools and/or youth-oriented areas; and WHEREAS, smoke shops have been found to be affiliated with the sale of illegal products and drug paraphernalia. Smoke shops have also been seen to encourage illegal activity; and
WHEREAS, within the last year, the Modesto Police Department conducted inspections at various tobacco retailers throughout the City, resulting in the seizure of marijuana/cannabisinfused items, illicit drugs, flavored tobacco products, illegal drug paraphernalia, and illegal gambling machines. These inspections also resulted in the arrest of several individuals involved in these illegal activities; and
WHEREAS on October 8, 2024, the City Council of the City of Modesto adopted Urgency Ordinance No.3785-C.S., imposing a forty-five (45) day moratorium on the establishment of new and the relocation or physical expansion of existing tobacco retailer businesses; and
WHEREAS, on November 12, 2024, the City subsequently extended the moratorium by 10 months and 15 days; and
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EFFECTIVE DATE: September 11, 2025
WHEREAS, the City has further studied and analyzed the effects of smoke shop businesses; and
WHEREAS, the Modesto Police Department conducted inspections after the adoption of the October 8, 2024 moratorium and November 12, 2024 moratorium extension and continued to find illegal activities and items for sale; and
WHEREAS, on March 20, 2025, the Modesto Police Department inspected eight smoke shop businesses, where all eight businesses were found to be out of compliance with State tobacco laws, and 1,635 prohibited products were seized; and WHEREAS, on March 27, 2025, the Modesto Police Department inspected an additional eight smoke shop businesses, and all eight businesses were found to be out of compliance with State Tobacco laws. 1,621 tobacco products were seized, in addition to 129 illegal hemp/CBD products and 349 pieces of drug paraphernalia; and
WHEREAS, on April 28, 2025, the Modesto Police Department inspected five smoke shop businesses. All five businesses were found to be out of compliance, including one business, which was a repeat offender. The Police Department seized 1,733 illegal tobacco products, 80 hemp/CBD/Delta products, two gambling machines, and 195 pieces of drug paraphernalia; and WHEREAS, on May 5, 2025, the Modesto Police Department inspected 13 smoke shop businesses, and 12 were found to be out of compliance. The Modesto Police Department seized flavored tobacco, hemp consumables, and/or CBD drinks at the twelve noncompliant businesses; and
WHEREAS, on May 6, 2025, the Modesto Police Department inspected six smoke shop businesses in the City and all six businesses were found to be out of compliance. 1,829 tobacco products were seized in addition to 63 Hemp/CBD/Delta products; and WHEREAS, on May 14, 2025, the Modesto Police Department inspected ten smoke shop businesses in the City, and nine were found to be out of compliance. 995 tobacco products and 155 hemp/CBD/delta products were seized, as well as one firearm; and WHEREAS, on May 22, 2025, the Modesto Police Department inspected eight smoke shop businesses. Six businesses were found to be out of compliance. 1,338 illegal tobacco products were seized, in addition to 30 hemp/CBD/delta products; and WHEREAS, smoke shop inspections have resulted in a variety of violations, including offering flavored tobacco products and hemp/CBD products for sale, such as gummies and drinks, in violation of State law, and operating illegal gambling machines; and WHEREAS, on March 26, 2025, the City Council held a workshop to discuss the potential regulation of smoke shop businesses in the City; and #7..
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- 4 - ORDINANCE NO. 3801-C.S.

EFFECTIVE DATE: September 11, 2025
WHEREAS, the City, through its police power, is authorized to regulate local zoning to promote public health, safety, and welfare; and
WHEREAS, the City, through its police power, is authorized to require the licensing of a specific class of business in order to promote public health, safety, and welfare; and WHEREAS, staff recommends requiring a permit to sell tobacco products and smoke paraphernalia in the City, due to the potential to create significant negative effects on the community and surrounding properties; and
WHEREAS, staff additionally recommends amending the Zoning Code to prohibit the establishment of smoke shops within certain sensitive areas and locations; and WHEREAS, a public hearing was held by the Planning Commission on June 2, 2025, in the Chambers, 1010 Tenth Street, Modesto, California, at which hearing evidence, both oral and documentary, was received and considered; and
WHEREAS, a public hearing was held by the City Council on July 22, 2025, in the Chambers, 1010 Tenth Street, Modesto, California, at which hearing evidence, both oral and documentary, was received and considered; and
WHEREAS, the proposed Code text amendments are exempt from the California Environmental Quality Act (“CEQA”) pursuant to CEQA Guidelines Section 15061(b)(3), which states that CEQA applies only to projects which have the potential for causing a significant effect on the environment. The City currently does not regulate the number, location, or operating standards of smoke shops, and the proposed Ordinance would place limits on the number, location, and operating standards of smoke shops, which will limit their environmental impact in comparison to the status quo. Accordingly, it can be seen with certainty that there is no possibility that the proposed action may result in a significant effect on the environment, and the proposed revisions to the Municipal Code are exempt from further review under CEQA; and WHEREAS, the City Council of the City of Modesto now desires to add Article 8 “Smoke Shops,” to Chapter 3, Land Use Regulations, of Title 10, Zoning Regulations, of the Modesto Municipal Code, requiring certain location and proximity requirements; and WHEREAS, the City Council of the City of Modesto further desires to add Chapter 24, Smoke Shops, to Title 4, Public Welfare, Safety, and Health, of the Modesto Municipal Code, requiring a Smoke Shop Permit.

NOW, THEREFORE, THE COUNCIL OF THE CITY OF MODESTO DOES ORDAIN AS FOLLOWS:

SECTION 1. RECITALS.

The recitals above are true and correct and hereby made a part of this Ordinance by reference.

SECTION 2. FINDINGS.
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- 5 - ORDINANCE NO. 3801-C.S.

EFFECTIVE DATE: September 11, 2025
Based on the whole of the record related to the Ordinance, including but not limited to, the Recitals above and the Agenda Report related to this Ordinance, the City Council hereby finds and determines as follows:

A. The requested change will not be detrimental to the public health, safety, or welfare because it establishes reasonable regulations to address illegal activity currently occurring at smoke shops within the City and reduce the negative impacts caused by smoke shops.

B. The requested change will result in an orderly planned use of land because it limits new smoke shops to certain zoning districts where such uses are appropriate and compatible with other allowed uses, mandates separation between new smoke shops, and requires separation from other sensitive uses.

C. The requested change is in accordance with the community’s objectives as set forth in the General Plan and any applicable specific plan(s) because the requested change is in accordance with the community’s objectives as set forth in the General Plan and any applicable specific plan(s) because the amend is consistent with, and furthers, the goals and policies of the General Plan.

SECTION 3. AMENDMENT TO MODESTO MUNICIPAL CODE TITLE 10 – ADDITION OF TITLE 10, CHAPTER 3, ARTICLE 8.

The Modesto Municipal Code is hereby amended by adding Article 8, “Smoke Shops,” to Chapter 3, Land Use Regulations,” of Title 10, “Zoning Regulations,” to read as follows:
“Article 8. – Smoke Shops
10-3.801 Purpose
10-3.802 Definitions
10-3.803 Location and Minimum Proximity Requirements
10-3.804 Smoke Shop Permit Required
10-3.805 Existing Smoke Shops
10-3.801 Purpose
The purpose of this Article is to regulate the locations in the City where Smoke Shops may be established in order to preserve and protect public health, safety, and welfare. 10-3.802 Definitions
(a) “Existing Smoke Shop” shall mean any Smoke Shop lawfully established with a City business license and all other required permits, licenses, and/or land use entitlements as of October 8, 2024.
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EFFECTIVE DATE: September 11, 2025
(b) “Hookah Lounge” shall mean a business establishment that qualifies as a smokers’ lounge, as defined in California Labor Code section 6404.5(e), and in which the entire premises is dedicated exclusively to the Smoking of Shisha or Shisha Tobacco, and which does not sell Tobacco Products for off-site consumption.
(c) “Premium Cigar Retailer” shall mean a retailer that sells no tobacco products other than premium cigars and looseleaf tobacco as defined under California Health and Safety Code section 104559.5.
(d) “Smoke Shop” shall mean a retailer or any person that primarily sells, offers for sale, or offers to exchange for any form of consideration Tobacco Products and/or Tobacco Paraphernalia. A retailer or person who is primarily engaged in such activities includes, but is not limited to, a retailer or person that has fifteen percent (15%) or more of the square feet in the establishment, or more than fifteen (15) linear feet of display area projected to the floor (whether contiguous or noncontiguous), used for the sale, distribution, delivery, furnishing, marketing display, or storage of Tobacco Products or Tobacco Paraphernalia. Smoke Shop, for purposes of this Article, does not include a Premium Cigar Retailer, Hookah Lounge, or establishments operating as a Cannabis Dispensary under Title 10, Chapter 3, Article 7. Nothing herein is intended to permit a Premium Cigar Retailer, Hookah Lounge, or Cannabis Dispensary, except as otherwise authorized by Title 10 of this Code.
(e) “Smoke Shop Permit” shall mean a permit to operate a Smoke Shop issued by the Chief of Police pursuant to Chapter 4-24 of the Modesto Municipal Code. (f) “Tobacco Paraphernalia” shall mean any device, product, equipment, or material of any kind that is intended or designed for use for smoking, inhaling, or ingesting tobacco, notwithstanding that the device, product, equipment, or material may also be used for smoking, inhaling, or ingesting cannabis or and any controlled substance. Tobacco paraphernalia includes, but is not limited to, all of the following: (i) metal, ivory, wooden, acrylic, glass, stone, plastic, or ceramic pipes with or without screens, permanent screens, hashish heads, or punctured bowls; (ii) water pipes; (iii) bongs; (iv) chillums; (v) ice pipes or chillers; (vi) cigarette papers or wrappers; (vii) cigarette rolling machines; (viii) blunt wraps, as defined in Section 308 of the Penal Code; (ix) hookahs and similar devices constructed with a receptacle or container in which water or some other liquid may be placed into which smoke passes and is cooled in the process of being inhaled or ingested; and (x) any electronic device that delivers nicotine or other vaporized liquids to the person inhaling from the device, including, but not limited to an electronic cigarette, cigar, pipe, or hookah. Tobacco Paraphernalia shall include any component, part, or accessory of the foregoing, whether or not sold separately. (g) “Tobacco Product” shall mean any product containing, made, or derived from tobacco or nicotine that is intended for human consumption, whether smoked, heated, chewed, absorbed, dissolved, inhaled, snorted, sniffed, or ingested by any #7..
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EFFECTIVE DATE: September 11, 2025
other means, including, but not limited to, cigarettes, an electronic device that delivers nicotine or other vaporized liquids to the person inhaling from the device, including an electronic cigarette, cigar, pipe, or hookah (with or without flavoring), cigars, little cigars, chewing tobacco, pipe tobacco, or snuff, or vaping accessories. Tobacco Product shall include any component, part, or accessory of the foregoing, whether or not sold separately. Tobacco Product does not include a product that has been approved by the United States Food and Drug Administration for sale as a tobacco cessation product or for other therapeutic purposes, where the product is marketed and solely for such an approved purpose. (h) “Youth facility or center” shall have the same meaning as in Health and Safety Code section 11353.1, as may be amended from time to time: any public or private facility that is primarily used to host recreational or social activities for minors, including, but not limited to, private youth membership organizations or clubs, social service teenage club facilities, video arcades, or similar amusement park facilities.
10-3.803 Location and Minimum Proximity Requirements
(a) Smoke Shops are permitted in the zones identified in Table 3.8-1 and prohibited in all other zones.

Use C-2 C-3 C-M M-1 M-2
Smoke Shop SSL SSL SSL SSL SSL
(b) Additionally, the following location and proximity requirements shall apply:
(1) No Smoke Shop shall be located within one thousand (1,000) feet, as measured from the nearest property lines, of the following locations:
(i) A public or private State-licensed or accredited school providing instruction to students in kindergarten or any grades 1 through 12; (ii) State-licensed childcare center;
(iii) Public park, playground, or recreational area, including a trail that is immediately adjacent to a public park or public library; (iv) Youth facility or center; or
(v) An alcohol or other drug abuse recovery or treatment facility. (2) No Smoke Shop use shall be located within one thousand (1,000) feet of any Commercial Cannabis Uses or another Smoke Shop, as measured from the nearest property lines.
(3) No Smoke Shop use shall be located within one hundred (100) feet of any residential use; this distance shall be measured from any building or structure containing a Smoke Shop use to an existing residential structure used for residential purposes.
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(4) Smoke Shops are prohibited in the Downtown Cannabis Prohibition Overlay, regardless of a property’s zoning designation. The Downtown Cannabis Prohibition Overlay is that area shown in Figure 3.7.1 under Title 10, Chapter 3, Article 7 of this Code, and further described as the area including all properties that front either side of or are within the area bound by the following streets: Kansas Avenue, from Highway 99 to 9th Street; Needham Street; Downey Avenue, from McHenry Avenue to Burney Street; Burney Street, from Downey Avenue to Jennie Street; D Street, from Jennie Street to Highway 99; and the area fronting Highway 99 within the boundary. If any parcel is partially within the Downtown Cannabis Prohibition Overlay, Smoke Shops shall be prohibited on the entire parcel.
10-3.804 Smoke Shop Permit Required
(a) All Smoke Shops permitted by Section 10.3.803 must, prior to establishing and operating any such Smoke Shop use, obtain and maintain at all times a valid Smoke Shop Permit from the City pursuant to Chapter 4-24 of the Modesto Municipal Code.
10-3.805 Existing Smoke Shops
(a) Notwithstanding Section 10-3.803, any existing and lawfully operating Smoke Shop that holds a City business license and all other required permits, licenses, and/or land use entitlements as of October 8, 2024, may continue to lawfully operate subject to the requirements of this Section.
(b) All Existing Smoke Shop shall apply for a Smoke Shop Permit pursuant to Chapter 4-24 of the Modesto Municipal Code and comply with all related requirements no later than November 14, 2025. An Existing Smoke Shop that fails to timely obtain a Smoke Shop Permit and comply with all related requirements shall cease to be an Existing Smoke Shop under Subsection (a) and shall be subject to all requirements of Section 10-3.803. (c) Notwithstanding anything in Section 10-3.502, “nonconforming uses,” to the contrary, any Existing Smoke Shop that ceases to operate for a period of sixty (60) consecutive days shall be discontinued, except that the Director of Community Economic and Development may extend this period by ninety (90) days if the Director determines that the cessation of the business is due to a cause outside of the preexisting Smoke Shop’s reasonable control, such as a natural disaster or declared emergency.
(d) Notwithstanding anything in Section 10-3.502, “nonconforming uses,” to the contrary, an Existing Smoke Shop shall not expand the square footage of the establishment or display area dedicated to tobacco products or tobacco paraphernalia as of July 22, 2025, without first complying with Section 10-

3.803.”
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SECTION 4. AMENDMENT TO MODESTO MUNICIPAL CODE TITLE 4 – ADDITION OF TITLE 4, CHAPTER 24.

The Modesto Municipal Code is hereby amended by adding Chapter 24, “Smoke Shops,” to Title 4, “Public Welfare, Safety, and Health,” to read as follows:
“Chapter 24. – Smoke Shops
4-24.101 Purpose
4-24.102 Definitions
4-24.103 Smoke Shop Permit Requirements, Total Number and Limitations 4-24.104 Smoke Shop Permit Application and Permit Procedures 4-24.105 Operational Standards
4-24.106 Security Requirements
4-24.107 Training
4-24.108 Inspections
4-24.109 Violations and Enforcement
4-24.110 Appeal of Denial, Suspension, or Revocation
4-24.101 Purpose
The purpose of this Chapter is to establish a licensing requirement and regulations for the operation of Smoke Shops in the City of Modesto in order to preserve and protect public health, safety, and welfare.
4-24.102 Definitions
(a) “Existing Smoke Shop” shall mean any Smoke Shop lawfully established with a City business license and all other required permits, licenses, and/or land use entitlements as of October 8, 2024.
(b) “Chief of Police” shall mean the Chief of Police of the City of Modesto, or their designee, or such other person designated by the City Manager of the City of Modesto to carry out the duties of the Chief of Police hereunder. (c) “Hookah Lounge” shall mean a business establishment that qualifies as a smokers’ lounge, as defined in California Labor Code section 6404.5(e), and in which the entire premises is dedicated exclusively to the Smoking of Shisha or Shisha Tobacco, and which does not sell Tobacco Products for off-site consumption.
(d) “Premium Cigar Retailer” shall mean a retailer that sells no tobacco products other than premium cigars and looseleaf tobacco as defined under California Health and Safety Code section 104559.5.
(e) “Smoke Shop” shall mean a retailer or any person that primarily sells, offers for sale, or offers to exchange for any form of consideration Tobacco Products and/or #7..
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Tobacco Paraphernalia. A retailer or person who is primarily engaged in such activities includes, but is not limited to, a retailer or person that has fifteen percent (15%) or more of the square feet in the establishment, or more than fifteen (15) linear feet of display area projected to the floor (whether contiguous or noncontiguous), used for the sale, distribution, delivery, furnishing, marketing display or storage of Tobacco Products or Tobacco Paraphernalia. Smoke Shop, for purposes of this Article, does not include a Premium Cigar Retailer, Hookah Lounge, or establishments operating as a Cannabis Dispensary under Title 10, Chapter 3, Article 7.
(f) “Smoke Shop Operator” shall mean all individuals or entities who own or operate a Smoke Shop. An owner is any individual or entity that has any ownership interest, regardless of size, in the Smoke Shop.
(g) “Smoke Shop Permit” shall mean a permit to operate a Smoke Shop issued by the Chief of Police pursuant to Chapter 4-24 of the Modesto Municipal Code. (h) “Tobacco Paraphernalia” shall mean any device, product, equipment, or material of any kind that is intended or designed for use for smoking, inhaling, or ingesting tobacco, notwithstanding that the device, product, equipment, or material may also be used for smoking, inhaling, or ingesting cannabis or any controlled substance. Tobacco paraphernalia includes, but is not limited to, all of the following: (i) metal, ivory, wooden, acrylic, glass, stone, plastic, or ceramic pipes with or without screens, permanent screens, hashish heads, or punctured bowls; (ii) water pipes; (iii) bongs; (iv) chillums; (v) ice pipes or chillers; (vi) cigarette papers or wrappers; (vii) cigarette rolling machines; (viii) blunt wraps, as defined in Section 308 of the Penal Code; (ix) hookahs and similar devices constructed with a receptacle or container in which water or some other liquid may be placed into which smoke passes and is cooled in the process of being inhaled or ingested; and (x) any electronic device that delivers nicotine or other vaporized liquids to the person inhaling from the device, including, but not limited to an electronic cigarette, cigar, pipe, or hookah. Tobacco Paraphernalia shall include any component, part, or accessory of the foregoing, whether or not sold separately. (i) “Tobacco Product” shall mean any product containing, made, or derived from tobacco or nicotine that is intended for human consumption, whether smoked, heated, chewed, absorbed, dissolved, inhaled, snorted, sniffed, or ingested by any other means, including, but not limited to, cigarettes, an electronic device that delivers nicotine or other vaporized liquids to the person inhaling from the device, including an electronic cigarette, cigar, pipe, or hookah (with or without flavoring), cigars, little cigars, chewing tobacco, pipe tobacco, or snuff, or vaping accessories. Tobacco Product shall include any component, part, or accessory of the foregoing, whether or not sold separately. Tobacco Product does not include a product that has been approved by the United States Food and Drug Administration for sale as a tobacco cessation product or for other therapeutic purposes, where the product is marketed and solely for such an approved purpose. #7..
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4-24.103 Smoke Shop Permit Requirements, Total Number, and Limitations (a) All Smoke Shops must obtain a Smoke Shop Permit prior to commencing operations, in addition to a City business license and any other permit, licenses, or approval required by the City, State, or other public agency. (b) The total number of Smoke Shop Permits within the City shall be limited to one (1) per twenty-five thousand (25,000) residents in the City. For the purposes of this Subsection, the total population of the City shall be determined by the most current published total available from the U.S. Census Bureau or the California State Department of Finance, whichever has been more recently updated, as of the date the permit application is filed. Existing Smoke Shops may apply for a Smoke Shop Permit prior to November 14, 2025, regardless of whether or not the maximum number of permits established by this Section has been reached. No Smoke Shop Permit may be issued to any Smoke Shop, other than to an Existing Smoke Shop, prior to November 14, 2025.
(c) If, at any time after all applications for a Smoke Shop Permit submitted by Existing Smoke Shops by November 14, 2025 have been approved or denied, the number of Smoke Shop Permits that have been issued is fewer than the number authorized by Section 4-24.103(b), the Chief of Police shall, within a reasonable period of time, open an application period for available Smoke Shop Permit(s). If at the end of the application period, the number of eligible applicants exceeds the number of available permits, the Chief of Police shall award the Smoke Shop Permits by random lottery. Notwithstanding the foregoing, in no event shall a Smoke Shop Permit be awarded for a proposed location if there are already two (2) other Smoke Shops operating in the same Council-District. (d) No new Smoke Shop Permit may be issued if the number of issued Smoke Shop Permits equals or exceeds the total number authorized pursuant to Section 10-

3.804(b) above. A new proprietor that has not had a business in violation of this Chapter may apply for a Smoke Shop Permit to continue operating in the same location as an existing Smoke Shop, and such Permit shall not be considered a new Smoke Shop Permit for purposes of this Section, as long as the existing Smoke Shop has not ceased operating.
(e) An Existing Smoke Shop that is ineligible to receive or renew a Smoke Shop Permit for a location pursuant to Section 10-3.803, and any Smoke Shop operating lawfully that becomes ineligible to receive or renew a Smoke Shop Permit due to the creation of a new sensitive use under Section 10-3.803(b), may apply for and receive a Smoke Shop Permit for that location as long as all the following conditions are met:
(1) The Smoke Shop Permit application is submitted no later than November 14, 2025;
(2) The Smoke Shop is not closed for business for more than sixty (60) consecutive days, except that the Police Chief may extend this period by #7..
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ninety (90) days if the Police Chief determines that the cessation of the business is due to a cause outside of the Smoke Shop’s reasonable control, such as a natural disaster or declared emergency;
(3) The Smoke Shop Operator retains the right to operate under all other applicable laws; and
(4) The Smoke Shop has complied with all Operating Standards under Section 4-24.105, Security Requirements under Section 4-24.106, and Training Requirements under Section 4-24.107 of this Article no later than November 14, 2025.
4-24.104 Smoke Shop Permit Application and Permit Procedures (a) An application for a Smoke Shop Permit shall be submitted on forms provided by the City and accompanied by the appropriate application fee established by the City Council by Resolution. The application form provided by the City shall include, but not be limited to, the following information:
(1) The name, address, email address, and telephone number of the property owner.
(2) The name, address, email address, and telephone number of all Smoke Shop Operators.
(3) The name, address, email address, and telephone number of the individual designated as the primary point of contact for the management of the Smoke Shop.
(4) A site plan of the property.
(5) Such other information as the Chief of Police deems reasonably necessary to administer this Chapter.
(b) The Chief of Police may refer the application to other City departments to determine whether the Smoke Shop’s location will comply with building, health, zoning, and fire ordinances or other applicable ordinances or laws. City departments may conduct an inspection of the premises to determine compliance with the ordinances and other laws they administer. They may subsequently prepare reports summarizing their inspections and recommend whether to approve or deny the application based on their inspections.
(c) A Smoke Shop Permit shall be non-transferable, shall not run with the land, and shall be valid only at the site described in the application. (d) A Smoke Shop Permit shall be valid for one (1) year from the date of issuance and may be renewed upon submission of a renewal application and fee established by the City Council by Resolution to the City.
(e) The Chief of Police may deny an application for a new Smoke Shop Permit or renewal of an existing Smoke Shop Permit for any of the following reasons:
(1) The application is incomplete, or the full application fee has not been paid; #7..
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(2) The application contains a false or misleading statement or omission of a material fact;
(3) The property is subject to an enforcement action under any provision of the Modesto Municipal Code or state law;
(4) The applicant is delinquent on any payment to the City of any fees, penalties, taxes, or any other monies related to the property or business; (5) The applicant has previously owned, in whole or in part, or been an officer for a Smoke Shop found to be in violation of applicable law or that had its Smoke Shop Permit revoked.
(6) Within twenty-four (24) months of application, a Smoke Shop Permit was revoked or renewal denied at the property subject to the application; (7) The operation of a Smoke Shop at the property is a threat to the public health, safety, or welfare; or
(8) The Smoke Shop does not comply with, or has violated, one or more of the applicable requirements of this Chapter, the Modesto Municipal Code, or any other applicable law, including the Modesto Building Code or Fire Code.
(9) For Existing Smoke Shops applying for a Smoke Shop Permit prior to November 14, 2025, noncompliance with a requirement of Section 4-

24.105 occurring after August 12, 2025, but before November 14, 2025, shall not be a basis to deny an application, unless such conduct is also a violation of another section of applicable law, including, but not limited to, the sale of flavored tobacco or other illegal products. 4-24.105 Operational Standards
All Smoke Shops shall comply with the operational standards listed in this Section. (a) Lighting. The exterior of the premises, including adjacent public sidewalks and all parking lots under the control of the Smoke Shop, shall be illuminated in accordance with the lighting requirements of the underlying zoning district. (b) Litter and Graffiti. Trash and recycling receptacles shall be provided near public entrances to and exits from the building. The Smoke Shop Operator shall provide for daily removal of trash, litter, and debris from the premises and on allsidewalks that abut the premises, including the Smoke Shop’s parking areas.

The Smoke Shop Operator shall remove graffiti from the building and premises within forty-eight (48) hours.
(c) Vending Machines. Internal and external vending machines of any and all kinds are prohibited.
(d) Signage.
(1) All signs on the premises of the Smoke Shop shall comply with Chapter 6, Signs of Title 10, Zoning, of the Modesto Municipal Code. (2) The Smoke Shops shall comply with the requirements of the California #7..
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Cigarette and Tobacco Products Licensing Act of 2003, and all other applicable state and federal laws and regulations, including any amendments and successor statutes or regulations.
(3) In addition to the requirements above, the following copy is required to be prominently posted in a readily visible manner on an interior wall or fixture and not on windows of the Smoke Shop:
(i) “California State Law Prohibits the Sale of Tobacco Products to Persons Under 21 Years of Age.”
(ii) “No Persons Under the Age of Twenty-One (21) Shall be Allowed on the Premises.”
(iii) “No Loitering is Allowed on or in Front of These Premises.” (iv) “No Smoking or Vaping Allowed on These Premises.”
(v) “Sale of Flavored Tobacco is Prohibited.”
(4) In the event of a conflict between any of the above requirements, the most restrictive requirements shall apply.
(e) Windows & Doors.
(1) At least fifty percent (50%) of any street-facing facade must be glazed with a clear, non-tinted material.
(2) No more than five percent (5%) of the square footage of each window that is visible to the public from a public thoroughfare, sidewalk, or parking lot of Smoke Shop shall bear advertising, signs, or other obstructions of any sort.
(3) Doors must be free from signs, regardless of door type or material. The area covered by signs or advertising shall be measured using the border of such sign and shall include all areas within a sign or advertisement that may not include writing, such as the clear area within neon signs. (4) Signage, advertising, or other obstructions inside or outside the Smoke Shop that are not physically attached to the windows or doors but are visible from a public thoroughfare, sidewalk, or parking lot in the same manner as if they were physically attached are included in the five percent (5%) limitation.
(5) Any signage required by law shall not count towards the five percent (5%) limitation but shall nonetheless follow the rules related to visual obstruction.
(6) Advertising and signage on windows shall be placed and maintained in a manner that ensures that law enforcement personnel have a clear and unobstructed view of the interior of the business. Including the area in which the cash registers are maintained, from exterior public sidewalks, #7..
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parking lots, or the entrance to the business.
(7) Any Smoke Shop located within one thousand (1,000) feet of uses listed in Section 10-3.803(b)(1) or within one hundred (100) feet of uses listed in Section 10-3.803(b)(3), shall not advertise Tobacco Product sales in a manner visible from the outside of the Smoke Shop, such as from a public thoroughfare, sidewalk, or parking lot.
(f) Hours of Operation. Smoke Shops are prohibited from operating except from 8:00 a.m. to 10:00 p.m.
(g) Consumption of Tobacco Products. Smoke Shops are prohibited from selling Tobacco Products for onsite consumption.
(h) Consumption of Alcohol & Cannabis. The consumption of alcoholic beverages or cannabis in any form is prohibited on the premises of a Smoke Shop.
(i) Minimum Age Requirement.
(1) Smoke Shop Operators and Smoke Shop employees must be twenty-one (21) years of age or older.
(2) No person under the age of twenty-one (21) shall be allowed on the premises of a Smoke Shop.
(j) Loitering and Other Nuisance Activities.
(1) The operation of a Smoke Shop shall not result in nuisance activities on the property, which may include, but are not limited to, disturbances of the peace, illegal drug activity, public intoxication, drinking in public, tobacco product sales to minors, harassment of members of the public, gambling, prostitution, sale of stolen goods, public urination, theft, assaults, batteries, acts of vandalism, loitering, excessive littering, graffiti, illegal parking, excessively loud noises (especially in the late night or early morning hours), traffic violations, curfew violations, lewd conduct, or other violations of City, state, or federal laws (2) The Smoke Shop Operator shall post the property with readily visible signs advising that consumption of alcoholic beverages and cannabis, gambling, trespassing, or loitering on private property is a violation of the Modesto Municipal Code and providing appropriate citations to the relevant Sections of this Code.
(3) At least every twelve (12) months, the Smoke Shop Operator must provide the Modesto Police Department, on a form provided by the City, with written authorization for the Modesto Police Department #7..
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peace officers to enter the Smoke Shop premises and remove trespassers when the business is closed to the public, in accordance with Penal Code section 602(0), including any amendments or successor statutes thereto. Such a form shall include the notarized signature of the Smoke Shop Operator.
(4) Any violations of this Section shall be considered an egregious violation of this Chapter and a public nuisance that isimminently dangerous to life, health, safety, or adjacent property, such that it requires immediate correction or elimination. Such a violation shall subject the Smoke Shop Operator to immediate suspension or revocation of the Smoke Shop Permit.
(k) Prohibited Products. The sale or distribution of one or more of the following is prohibited:
(1) Cannabis or Cannabis products as defined in Modesto Zoning Code section 10-3.702.
(2) Drug paraphernalia, as defined in Health and Safety Code section 11014.5, not directly related to legal Tobacco Products. (3) Nitrous oxide.
(4) Flavored tobacco products as defined in California Health and Safety Code section 104559.5.
(5) Other products prohibited by law.
(l) Gambling Prohibited. On-site or online gambling activities not related to the California Lottery are prohibited on the Smoke Shop premises. (m) Code Requirements. The Smoke Shop shall comply with such other requirements as established by the Modesto Municipal Code, including the Modesto Building Code.
4-24.106 Security Requirements
(a) Security Plan Required. Smoke Shop Operators/Applicants shall submit a security plan consistent with the Modesto Police Department policy on the sale of agerestricted materials. Prior to the approval of the Smoke Shop Permit, the applicant shall prepare and submit, for review by the Modesto Police Department Chief of Police or their designee, a security plan for approval. Approval of the security plan by the Chief of Police or their designee shall not be unreasonably denied.

The content of the security plan shall be incorporated as conditions of approval for the Smoke Shop Permit. As a part of the annual inspection process, the security plan shall be resubmitted for approval by the Chief of Police or their designee.
(b) Additional security measures such as reduced hours of operation, security guards, door monitors, and burglar alarm systems may be required if harm, nuisance, or #7..
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related problems are demonstrated to occur as a result of business practices or operations. This will be determined on a case-by-case basis upon review by the Police Department.
(c) Video Surveillance. Smoke Shops must maintain a fully functional color digital video camera system meeting the following requirements:
(1) Security surveillance cameras and a video recording system shall be installed to monitor the interior, main entrance, all entries and exits (from both the inside and outside of the building), and the exterior Smoke Shop area to discourage loitering, crime, and illegal or nuisance activities. (2) The camera and recording system must be of adequate quality (at least HD), color rendition, and resolution to allow the identification of any individual present in the Smoke Shop area.
(3) At each point-of-sale location, camera coverage must enable recording of the customer(s) and employee(s) facial features with sufficient clarity to determine identity.
(4) In addition, remote and real-time, live access to the video footage from the cameras shall be provided to the Chief of Police or his/her designee(s) using such software as designated by the Chief of Police.

The Smoke Shop Operator shall be responsible for ensuring that the security surveillance camera's footage is remotely accessible by the Chief of Police or his/her designee(s), and that it is compatible with the City's software and hardware.
(5) All surveillance equipment, records, and recordings must be stored in a secure area that is only accessible to management staff. Operators must keep a current list of all authorized employees who have access to the surveillance system and/or alarm system.
(6) Video from the security surveillance cameras shall be maintained for a period of not less than forty-five (45) days and shall be made available to the City upon request.
4-24.107 Training
(a) Initial Training. The Smoke Shop Operator and all employees of the Smoke Shop who are involved in the sale of Tobacco Products must complete approved course(s) in training of Tobacco Product sales and handling within sixty (60) days after approval of the Smoke Shop Permit becomes final, or for employees hired after the approval of the Smoke Shop Permit, within sixty (60) days from the date of hire. Existing Smoke Shops Operators and employees shall have until November 14, 2025, to come into compliance with the training requirement, and thereafter, new employees shall obtain the necessary training within sixty (60) days of the date of hire. To satisfy this requirement, a certified program must meet the standards of the California Department of Public Health on the Stop Tobacco Access to Kids Enforcement (“STAKE”) Act or other certifying orlicensing body designated by the State of California.

If the Smoke Shop Operator is a legal entity, the manager or executive #7..
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responsible for the Smoke Shop shall obtain the requisite training. (b) Annual Training. The Smoke Shop Operator and all employees shall also be required to complete annual trainings which comply with State standards, including changes to tobacco sales laws and regulations. (c) Records. Smoke Shops shall be required to keep up to date records which prove that all individuals listed above have completed the requisite trainings and shall furnish these records to the City during inspections and upon a reasonable request from the City.
4-24.108 Inspections
(a) Smoke Shops shall be subject to routine unannounced inspections at least annually to ensure compliance with this Chapter and any additional conditions of the Smoke Shop Permit.
(b) In the event that the inspection identifies violations, the Smoke Shop Operator shall pay a reinspection fee to reimburse the City for the cost of the City performing a follow-up inspection to ensure all identified violations have been corrected. The amount of such reinspection shall be established by the City Council by Resolution.
(c) If an annual inspection results in a finding that a Smoke Shop Operator is not in compliance with this Chapter or the specific conditions of the Smoke Shop License, that finding may be used as a basis for enforcement pursuant to Section 4-24.109.
4-24.109 Violations & Enforcement
If the Smoke Shop violates any provision of this Chapter, or if any of the circumstances identified in 4-24.104(e) exist, the Smoke Shop and Smoke Shop operator may be subject to one or more of the following.
(a) Suspension or Revocation of the Smoke Shop Permit. The Chief of Police may suspend or revoke the Smoke Shop Permit of any business violating this Chapter. (b) Administrative Enforcement.
(1) Notwithstanding the schedule of fines established in Section 1-6.404(b) for administrative citations, the penalties assessed for each violation of this Chapter shall be as follows:
(i) A fine of five hundred dollars ($500) to two thousand dollars ($2,000) for the first violation.
(ii) A fine of one thousand dollars ($1,000) to three thousand dollars ($3,000) for the second violation within a five (5) year period. #7..
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(iii) A fine of two thousand dollars ($2,000) to five thousand dollars ($5,000) for the third violation and all subsequent violations within a five (5) year period.
(iv) Notwithstanding the foregoing, operating a Smoke Shop without a valid Smoke Shop Permit shall be subject to a fine of up to twenty thousand dollars ($20,000).
(c) Criminal Enforcement. Violation of this Chapter shall be punishable as a misdemeanor pursuant to Chapter 1-2 of this Code. The property owner of the site on which the Smoke Shop is located, the Smoke Shop Operator(s), and the Smoke Shop’s employees may all be subject to criminal enforcement consistent with applicable laws.
(d) Notwithstanding anything to the contrary in this Code, the property owner of the site on which the Smoke Shop is located, as well as the Smoke Shop Operator(s), and all responsible parties who cause or permit a violation of this Chapter, may be jointly and severally liable for violations of this Chapter. (e) Additional Signage. The Chief of Police, or designee, may require any Smoke Shop that violates this Ordinance to post a sign in a prominent location near the cash register identifying that the business has violated applicable law and the specific violations. The text of the sign shall be as specified by the Chief of Police or designee and shall be readily readable. The Chief of Police shall determine the length of time that the sign shall remain posted, which shall not exceed one (1) year.
(f) Any other remedy authorized by Chapter 1-6 of this Code or other applicable law, including but not limited to California Health and Safety Code section 104559.5. (g) These remedies are cumulative and not exclusive of each other. Each violation and each day on which the same violation occurs constitutes a separate offense for which a separate penalty may be imposed.
(h) The Chief of Police shall select the remedy and penalty based on the severity of the violation, as well as any past violations committed by the Smoke Shop or Smoke Shop Operator, including violations that occurred prior to the issuance of the Smoke Shop Permit.
4-24.110 Appeal of Denial, Suspension, Revocation, or Nonrenewal (a) Appeal of Proposed Denial, Suspension, Revocation, or Nonrenewal. Any applicant or Smoke Shop Permit holder may appeal a proposed Smoke Shop denial, suspension, revocation, or nonrenewal by filing a written appeal with the City Manager’s office within ten (10) days from the date of the notice of denial, suspension, revocation, or nonrenewal. The written appeal must contain the following:
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(1) A brief, clear statement, including material facts, to support the appellant's position and the relief sought;
(2) The signature of the Smoke Shop Permit holder with verification under penalty of perjury of the truth of the statements in the written appeal; and (3) Any required appeal fee, which may be approved via Resolution of the City Council.
(b) Appeal Hearing Procedure.
(1) Upon receipt of a valid written appeal, the City Manager shall schedule an appeal hearing no earlier than twenty (20) days from the receipt of the appeal.
(2) A Hearing Officer, appointed by the City Manager, will conduct the appeal hearing.
(3) The Hearing Officer may only consider evidence that is relevant to whether the Smoke Shop Permit should be denied, suspended, revoked, or not renewed. However, the formal rules of evidence shall not apply to the hearing.
(4) The person contesting the action will be given the opportunity to testify and present witnesses and evidence concerning the action. Unless requested in advance by the person contesting the action, a representative of the City is not required to attend the hearing, provided that any such appearance may be made at the discretion of the City Manager. (5) The Hearing Officer may continue the hearing and request additional information from either party prior to issuing a written decision. (6) After considering all of the testimony and evidence submitted at the hearing, the Hearing Officer must issue a written decision within a reasonable time after the hearing to uphold or deny the recommended action and must list in the decision the reasons for that decision. The Hearing Officer will use the preponderance of evidence as the standard of evidence in deciding issues. The decision of the Hearing Officer will be final.
(7) If the Hearing Officer determines that the action should not be upheld, the City will promptly refund the applicable amount of the appeal hearing fee. (8) The City shall serve the recipient of the notice of appeal or nonrenewal with a copy of the Hearing Officer's written decision by first-class mail.” #7..
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- 21 - ORDINANCE NO. 3801-C.S.

EFFECTIVE DATE: September 11, 2025
SECTION 5. AMORTIZATION OF OPERATIONAL STANDARDS AND SECURITY REQUIREMENTS UNDER SECTIONS 4-24.105, 4-24.106, and 4-24.107 OF THIS ORDINANCE.

Nothing in this Ordinance prohibits a Smoke Shop lawfully established with a City business license and all other required permits, licenses, and/or land use entitlements as of October 8, 2024, from continuing to operate as long as the Smoke Shop complies with the licensing, operational, security, and training requirements established by this Ordinance by November 14, 2025, which is more than ninety (90) days after adoption of the Ordinance.

While compliance with the requirement of this Ordinance will create new costs for existing Smoke Shops, such requirements do not place a significant burden on existing Smoke Shops because the Ordinance does not place a limit on how long Smoke Shops in compliance may continue operating. Accordingly, the owners and operators of Smoke Shops will be able to recover the cost of complying with these new requirements. For this reason, the benefits to the public health and safety of these regulations far outweigh any minor hardship to the owners/operators of Smoke Shops or the owners of the property on which a Smoke Shop is located.

SECTION 6. TERMINATION OF MORATOIRUM
The temporary moratorium on the establishment of new and relocation or physical expansion of existing tobacco retailer businesses enacted by Ordinance No. 3785-C.S. and extended by Ordinance No. 3788-C.S. is terminated as of the effective date of this Ordinance.

SECTION 7. CALIFORNIA ENVIRONMENTAL QUALITY ACT (“CEQA”) FINDINGS.

The City Council has reviewed the proposed activity for compliance with the California Environmental Quality Act (“CEQA”) and determined that the proposed Code text amendments are exempt from the CEQA pursuant to CEQA Guidelines section 15061(b)(3), which states that CEQA applies only to projects which have the potential for causing a significant effect on the environment. The City currently does not regulate the number, location, or operating standards of smoke shops, and the proposed Ordinance would place limits on the number, location, and operating standards of Smoke Shops, which will limit their environmental impact in comparison to the status quo. Accordingly, it can be seen with certainty that there is no possibility that the proposed action may result in a significant effect on the environment, and the proposed revisions to the Municipal Code are exempt from further review under CEQA.

SECTION 8. SEVERABILITY.

The provisions of this Ordinance are severable, and if any provision, clause, sentence, section, word, or part thereof is held illegal, invalid, unconstitutional, or inapplicable to any person or circumstance, such holding shall not affect or impair any of the remaining provisions, clauses, sentences, sections, words, or parts thereof, or their applicability to other persons or circumstances.
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- 22 - ORDINANCE NO. 3801-C.S.

EFFECTIVE DATE: September 11, 2025
SECTION 9. PUBLICATION AND EFFECTIVE DATE.

This Ordinance shall take effect and be in force thirty (30) days from and after the date of its passage. The City Clerk shall cause this Ordinance to be published or be posted in at least three (3) public places in the City in accordance with Section 36933 of the Government Code of the State of California.
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- 23 - ORDINANCE NO. 3801-C.S.

EFFECTIVE DATE: September 11, 2025
The foregoing Ordinance was introduced at a regular meeting of the Council of the City of Modesto held on the 22nd day of July 2025, by Councilmember Bavaro, who moved its introduction and passage to print, which motion being duly seconded by Councilmember Ricci, was upon roll call carried and ordered printed and published by the following vote:

AYES: Councilmembers: Alvarez, Bavaro, Escutia-Braaton, Ricci, Williams Mayor Zwahlen
NOES: Councilmembers: None
ABSENT: Councilmembers: Wright
APPROVED: __________________________
SUE ZWAHLEN, Mayor
ATTEST:

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

BY: _________________________________
JOSE M. SANCHEZ, City Attorney
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- 24 - ORDINANCE NO. 3801-C.S.

EFFECTIVE DATE: September 11, 2025

FINAL ADOPTION CLAUSE
The foregoing Ordinance, having been published as required by the Charter of the City of Modesto, and coming on for final consideration at the regular meeting of the Council of the City of Modesto held on the 12th day of August 2025, Councilmember X moved its final adoption, which motion being duly seconded by Councilmember Y, was upon roll call carried and the Ordinance adopted by the following vote:

AYES: Councilmembers: Alvarez, Bavaro, Escutia-Braaton, Ricci, Williams, Wright, Mayor Zwahlen
NOES: Councilmembers: None
ABSENT: Councilmembers: None
APPROVED: ___________________________

SUE ZWAHLEN, MAYOR
ATTEST: ___________________________________
DIANE NAYARES-PEREZ, City Clerk
Effective Date: September 11, 2025
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CITY OF MODESTO
ORDINANCE NO. 3801-C.S.

The following Ordinance was introduced by the City Council of the City of Modesto at the meeting of July 22, 2025:

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
MODESTO AMENDING TITLE 10 OF THE MODESTO MUNICIPAL
CODE TO ADD CHAPTER 3, ARTICLE 8, “SMOKE SHOPS,”
AMENDING TITLE 4 OF THE MODESTO MUNICIPAL CODE TO ADD
CHAPTER 24, “SMOKE SHOPS,” ESTABLISHING REGULATIONS

AND REQUIREMENTS FOR SMOKE SHOPS, INCLUDING

PERMITTING AND ENFORCEMENT, WITHIN THE CITY
Copies of the above-mentioned ordinance are posted at the following locations:
 Tenth Street Place, 1010 10th Street
 Neighborhood Center at Marshall Park, 420 Chicago Ave.  Senior Citizen Center, 211 Bodem Street
Diane Nayares-Perez
City Clerk
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CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

August 12, 2025
Date: July 1, 2025
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: DeAnna Christensen, Director of Finance
SUBJECT: Monthly Investment Report – May 2025
CONTACT: Calogero Maniscalco, Senior Financial Analyst
[email protected], 209-577-5219
DESCRIPTION:

Consider accepting the Monthly Investment Report for May 2025. (Funding Source: Various Funds)
STRATEGIC PLAN ELEMENT:

This recommended action supports the City’s 2025-2026 Strategic Plan Goal H: Achieve LongTerm Financial Sustainability.

BACKGROUND:

The City’s Finance Department submits a monthly investment report to Council and the City Manager. Attached are the May 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 May 31, 2025, the City had a closing market value of $523,891,516 in its investment portfolio. #8..
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City Council, August 12, 2025
Monthly Investment Report – May 2025

FISCAL IMPACT:

In May, the approximate yield of the City’s combined investments was 4.11% (see attachment 3) on a weighted average. For the portfolio of securities alone, the yield to maturity on cost was

4.04%. For comparative purposes, the yields (as of May 31, 2025) of other investments commonly used by public agencies are listed below:

Local Agency Investment Fund: 4.27%
1-Year U.S. Treasury Note: 4.20%
2-Year U.S. Treasury Note: 3.92%

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 reviewed by a Council Committee, because this item is being presented as informational only to share the monthly Investment Report and activity to Council and the public.

CEQA/NEPA REQUIREMENTS:

N/A
RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Motion accepting the Monthly Investment Report for May 2025.

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 $79,438,306
Federal Agency CMO 28 $84,592,666
U.S. Treasury 50 $242,841,407
Negotiable CD 1 $3,542,634
Corporate Note 35 $79,555,216
Asset-Backed 18 $31,630,803
Municipal 3 $2,290,482
Total Invested 136 $523,891,516
Sector Allocation
May 31, 2025 versus April 30, 2025
Sector May 31, 2025 April 30, 2025 Change in Allocation Permitted by Policy
U.S. Treasury 46.4% 51.4% -5.0% 100%
Federal Agency CMO 16.1% 17.4% -1.3% 100%
Negotiable CD 0.7% 0.7% -0.1% 30%
Corporate Note 15.2% 14.4% 0.8% 30%
Asset-Backed 6.0% 6.5% -0.5% 20%
Municipal 0.4% 0.6% -0.2% 100%
CAMP 15.2% 9.0% 6.2% 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
Market sentiment improved in May as the U.S. and China agreed to a 90-day reduction in tariffs on Chinese imports to 30%. A federal court ruled the administration’s use of the International Emergency Economic Powers Act (IEEPA) to levy tariffs on certain imports was not legal; however, the tariffs remain in effect pending appeal. Even if the tariffs implemented using IEEPA are ultimately struck down, the administration is expected to use other statutes to implement similar levies. The Federal Reserve (Fed) held the target range for the overnight rate unchanged at 4.25% to 4.50% following the Federal Open Market Committee (FOMC) meeting on May 7. In its press release, the Fed noted increased uncertainty around the economic outlook with increasing risks of both higher unemployment and higher inflation.

During the press conference, Fed Chair Jerome Powell noted the uncertainty caused by larger-thanexpected tariffs warranted patience. During the month, in the Long-Term Portfolio, we bought one 5- year, one 4-year, and one 2-year corporate note. We also purchased a 1-month U.S. Treasury and a 5- year asset-backed security. Purchases were made by using the proceeds of two maturing municipal obligations and selling five U.S. Treasuries with maturities of 8-months to 5-years. In the Short-Term Portfolio, we purchased a 1-year U.S. Treasury, using the proceeds of a maturing U.S. Treasury. #8..
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Long-Term Portfolio Total Return
May 31, 2025
1 Month Trailing
12 Months
Trailing 36
Months
Trailing 60
Months
Since
Inception5
City of Modesto Investment Portfolio1,2,3 -0.21% 6.23% 3.15% 1.18% 2.22% Modesto Performance Benchmark4 -0.36% 6.03% 2.77% 0.78% 1.93% Average Portfolio Yields
May 31, 2025
Past
Month
Past 3
Months
Past
Year
Past 3
Years
Past 5
Years
City of Modesto Investment Portfolio 4.04% 4.02% 3.70% 2.78% 2.32% City of Modesto Short-Term Portfolio 4.31% 4.54% 4.76% 4.55% - $109.2
$44.0
$76.8 $83.7
$114.1
$96.1
$-
$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
May 31, 2025

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
Yields on 3-month, 2-year, and 10-year U.S. Treasuries ended May at 4.33%, 3.90%, and 4.40%, representing increases of +5 basis points (bps), +29 bps, and +24 bps, respectively. Investment-grade (IG) corporate bond spreads narrowed during May after widening in April. Opportunities to add to the sector in early May contributed to portfolio performance for the month. Spreads on asset-backed securities (ABS) also narrowed through May, although not to the same extent as similar duration IG corporates. This created opportunities to increase allocations in the sector with new purchases at spreads near the higher end of their 12-month trading range. These additions contributed to positive relative performance for the month. Agency-backed commercial MBS (CMBS) and mortgage-backed securities (MBS) also performed well in May. As a result of rising interest rates during the month, both the portfolio and its benchmark returned negative performance in May. However, the portfolio outperformed the benchmark. Since inception, the portfolio continues to produce strong performance and has outperformed the benchmark by 29 basis points each year on average.

Detail 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

0.29%
Fiscal Year-to-Date Income Return

2.96%
Prior 12 Months Income Return

3.20%
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Economic Summary
Source: National Bureau of Economic Research, Bloomberg Finance, L.P, as of May 2025 (top). Federal Reserve, Latest Economic Projections, and Bloomberg Finance L.P., as of June 2025 (bottom). 2025Q1 GDP Impacted by Pull-forward of Imports
Fed’s Updated Change in Real GDP

1.6%

3.0%

3.1%

2.4%
-0.2%
-6%
-4%
-2%
0%
2%
4%
6%
2024Q1 2024Q2 2024Q3 2024Q4 2025Q1
U.S. Real GDP Contributors and Detractors
Personal Consumption Fixed Investment Private Inventories Net Exports Gov't Expenditures
Contributions
to 2025Q1:
+1.3%
+0.8%
-4.9%
-0.1%
+2.6%

1.70% 1.80% 1.80% 1.80%

1.40%

1.60%

1.80% 1.80%
0%
1%
2%
3%
2025 2026 2027 Longer
Run
Change in Real GDP
Mar Projections Jun Projections
#8..
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Source: Federal Reserve; Bloomberg Finance L.P. Individual dots represent each Fed members’ judgement of the midpoint of the appropriate target range for the federal funds rate at each year-end. As of May 2025 (top). The Federal Reserve and FRED, data as of 06/01/2025 (bottom).

Economic Summary
Volatility Has Come Down Recently

3.25%

3.50%

3.75%

4.00%

4.25%
1-Apr 1-May 1-Jun
2-Year Treasury Yield
April 1, 2025 through June 1, 2025
Close Intra-day Trading Range
1 2
3 4
5 1-Apr 1-May 1-Jun
Number of 25 Basis Point Rate Cuts
Number of Implied 25 Bps Rate Cuts in 2025
April 1, 2025 through June 1, 2025
Close
Federal Reserve
Median Forecast
Intra-day Trading Range
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Source: ICE BofA 1-5 year Indices via Bloomberg Finance L.P., MarketAxess and PFMAM as of 05/31/2025. Spreads on ABS are option-adjusted spreads of 0-5 year indices based on weighted average life; spreads on agencies are relative to comparable maturity Treasuries.

Economic Summary
Credit Spreads Narrowed in May

0.0%

0.2%

0.4%

0.6%

0.8%

1.0%

1.2%
May-23 Nov-23 May-24 Nov-24 May-25
Corporate Notes A-AAA Yield Spreads
-0.1%

0.0%

0.1%

0.2%

0.3%

0.4%
May-23 Nov-23 May-24 Nov-24 May-25
Federal Agency Yield Spread

0.0%

0.2%

0.4%

0.6%

0.8%

1.0%

1.2%
May-23 Nov-23 May-24 Nov-24 May-25
Asset-Backed Securities AAA Yield Spreads
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U.S. Treasury Yields
Source: Bloomberg Finance L.P., as of 05/31/2025.

Economic Summary

5.5%

5.0%

4.5%

4.0%

3.5%

3.0%

2.5%

2.0%

1.5%

1.0%

0.5%

0.0%
05/31/2024
04/30/2025
05/31/2025
3-mo 2-yr 5-yr 10-yr 30-yr
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- 105 -

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
#8..
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For the Month Ending May 31, 2025
Account Statement
Consolidated Summary Statement

CITY OF MODESTO
Investment Allocation
Investment Type Closing Market Value Percent
Asset-Backed Security 31,630,802.96 6.04
Corporate Note 69,788,289.67 13.32
Bank Note 9,766,926.82 1.86
Certificate of Deposit 3,542,633.50 0.68
Federal Agency Commercial Mortgage-Backed Security 84,592,666.34 16.15 Municipal Bond / Note 2,290,482.39 0.44
U.S. Treasury Bill 899,893.80 0.17
U.S. Treasury Bond / Note 241,941,513.69 46.18
CAMP Pool 79,438,306.43 15.16
Total $523,891,515.60 100.00%
Portfolio Summary
and Income
Closing
Portfolio Holdings Market Value
Cash Dividends
PFMAM Managed Account 1,687,360.85 444,453,209.17
CAMP Pool 0.00 79,438,306.43
Total $1,687,360.85 $523,891,515.60
Maturity Distribution (Fixed Income Holdings)
Portfolio Holdings Closing Market Value Percent
80,338,200.23
1,794,958.21
10,811,612.66
13,280,953.61
54,447,260.34
66,659,655.90
86,347,922.27
114,137,660.81
96,073,291.57

0.00 15.34

0.34 2.06

2.54 10.39

12.72 16.48

21.79 18.34

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 $523,891,515.60
838
100.00%
Weighted Average Days to Maturity
Sector Allocation

6.04%
ABS

13.32%
Corporate Note

1.86%
Bank Note

0.68%
Cert of Deposit

16.15%
Federal Agency
Commercial
Mortgage-Backed
Security

0.44%
Muni Bond / Note

0.17%
US TSY Bill

46.18%
US TSY Bond / Note

15.16%
CAMP Pool
PFM Asset Management Summary Page 1
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For the Month Ending May 31, 2025
Account Statement
Consolidated Summary Statement

CITY OF MODESTO
and Income
Closing Market
Value
Change in
Account Name Value Deposits Maturities Trades Value
Account
Number
Opening Market Purchases / Redemptions / Sales/ Unsettled Cash Dividends 57710050 CITY OF MODESTO 412,322,211.77 10,855,445.45 (9,530,510.70) 0.00 (2,120,529.88) 411,526,616.64 1,249,772.76 57710062 CITY OF MODESTO SHORT-TERM 32,907,380.23 11,029,141.99 (11,015,000.00) 0.00 5,070.31 32,926,592.53 437,588.09 Total $445,229,592.00 $21,884,587.44 ($20,545,510.70) $0.00 ($2,115,459.57) $444,453,209.17 $1,687,360.85 PFM Asset Management Summary Page 2
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Managed Account Summary Statement For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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)
$412,322,211.77
(1,256,968.31)
(8,273,542.39)
10,855,445.45

0.00 (2,120,529.88)
$411,526,616.64
1,094,231.14
(7,462.97)
163,004.59
$1,249,772.76
Total
410,946,768.77
2,363,769.04
8,304,867.79
1,256,968.31
1,062,905.74
(10,862,908.42)
(409,488,391.09)
(2,217,294.66)
Total Accrual Basis Earnings $1,366,685.48
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
730,000.00
8,304,867.79
1,062,905.74
526,968.31
(10,862,908.42)
102,892.39

0.00 Cash Balance
Closing Cash Balance $1,445,040.16
PFM Asset Management, a division of Account 57710050 Page 1 U.S. Bancorp Asset Management, Inc.
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Portfolio Summary and Statistics For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
Account Summary
Description Par Value Market Value Percent
U.S. Treasury Bond / Note 212,555,000.00 209,014,921.16 50.78 U.S. Treasury Bill 900,000.00 899,893.80 0.22
Municipal Bond / Note 2,305,000.00 2,290,482.39 0.56
Federal Agency Commercial
Mortgage-Backed Security
83,669,601.26 84,592,666.34 20.56
Corporate Note 69,575,000.00 69,788,289.67 16.96
Certificate of Deposit 3,500,000.00 3,542,633.50 0.86
Bank Note 9,635,000.00 9,766,926.82 2.37
Asset-Backed Security 31,417,003.76 31,630,802.96 7.69
Managed Account Sub-Total 413,556,605.02 411,526,616.64 100.00% Accrued Interest 2,363,769.04
Total Portfolio 413,556,605.02 413,890,385.68
Unsettled Trades 0.00 0.00
Sector Allocation

7.69%
ABS

2.37%
Bank Note

0.86%
Cert of Deposit

16.96%
Corporate Note

20.56%
Federal Agency
Commercial
Mortgage-Backed
Security

0.56%
Muni Bond / Note

0.22%
US TSY Bill

50.78%
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

1.18%

10.55%

16.20%

20.98%

27.74%

23.35%

0.00%
Maturity Distribution Characteristics
Yield to Maturity at Cost
Yield to Maturity at Market
Weighted Average Days to Maturity 1053

4.04%

4.19%
PFM Asset Management, a division of Account 57710050 Page 2 U.S. Bancorp Asset Management, Inc.
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Managed Account Issuer Summary For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
Credit Quality (S&P Ratings)

3.75%
A

9.99%
A+

0.51%
A0.22%
A-1+

1.86%
AA

72.61%
AA+

1.94%
AA7.08%
AAA

2.04%
NR
Issuer Summary
Issuer of Holdings Percent
Market Value
Adobe Inc 2,933,123.88 0.71
American Express Co 3,122,339.94 0.76
Apple Inc 5,201,924.00 1.26
BA Credit Card Trust 1,377,514.32 0.33
Bank of America Corp 10,064,674.60 2.45
Bank of New York Mellon Corp 6,104,523.15 1.48
BlackRock Inc 370,542.16 0.09
Bristol-Myers Squibb Co 2,194,030.10 0.53
Citigroup Inc 6,714,514.08 1.63
Cooperatieve Rabobank UA 3,542,633.50 0.86
Deere & Co 2,606,789.85 0.63
Eli Lilly & Co 2,942,902.30 0.72
Federal Home Loan Mortgage Corp 81,267,344.88 19.75
Federal National Mortgage Association 3,325,321.46 0.81 Fifth Third Auto Trust 2,396,146.46 0.58
GM Financial Consumer Automobile Receiv 1,047,241.66 0.25 Goldman Sachs Group Inc 3,020,427.00 0.73
Home Depot Inc 3,502,768.56 0.85
Honda Auto Receivables Owner Trust 2,082,945.37 0.51
Hyundai Auto Receivables Trust 3,666,837.94 0.89
JPMorgan Chase & Co 12,347,237.81 3.00
Kubota Credit Owner Trust 2,456,220.13 0.60
Mastercard Inc 2,516,098.56 0.61
Microsoft Corp 5,903,901.00 1.43
Morgan Stanley 4,070,680.00 0.99
New Jersey Turnpike Authority 495,524.18 0.12
PACCAR Inc 1,152,986.46 0.28
PepsiCo Inc 2,689,826.68 0.65
State Board of Administration Finance C 1,794,958.21 0.44 State Street Corp 1,905,992.60 0.46
Target Corp 352,567.01 0.09
Toyota Auto Receivables Owner Trust 1,466,899.13 0.36
PFM Asset Management, a division of Account 57710050 Page 3 U.S. Bancorp Asset Management, Inc.
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Managed Account Issuer Summary For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
Issuer of Holdings Percent
Market Value
Toyota Motor Corp 2,874,877.60 0.70
United States Treasury 209,914,814.96 51.02
USAA Auto Owner Trust 2,533,460.96 0.62
Walmart Inc 5,869,779.32 1.43
Wells Fargo & Co 5,696,246.82 1.38
Total $411,526,616.64 100.00%
PFM Asset Management, a division of Account 57710050 Page 4 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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 595,000.00 AA+ Aa1 02/17/22 02/18/22 561,624.22 1.85 745.80 589,356.42 579,888.19

US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
91282CBH3 7,980,000.00 AA+ Aa1 05/03/22 05/04/22 7,256,812.50 2.95 10,002.56 7,851,010.42 7,777,323.96

US TREASURY N/B
DTD 02/28/2019 2.500% 02/28/2026
9128286F2 3,210,000.00 AA+ Aa1 03/01/21 03/01/21 3,492,881.25 0.70 20,280.57 3,252,160.93 3,168,786.81

US TREASURY N/B
DTD 03/01/2021 0.500% 02/28/2026
91282CBQ3 4,645,000.00 AA+ Aa1 04/06/22 04/07/22 4,259,973.05 2.76 5,869.36 4,571,403.84 4,518,168.27

US TREASURY N/B
DTD 03/01/2021 0.500% 02/28/2026
91282CBQ3 6,000,000.00 AA+ Aa1 12/03/21 12/07/21 5,838,281.25 1.15 7,581.52 5,971,510.69 5,836,170.00

US TREASURY N/B
DTD 03/31/2021 0.750% 03/31/2026
91282CBT7 2,480,000.00 AA+ Aa1 09/07/21 09/09/21 2,479,031.25 0.76 3,150.82 2,479,823.60 2,410,976.64

US TREASURY N/B
DTD 03/31/2021 0.750% 03/31/2026
91282CBT7 4,925,000.00 AA+ Aa1 04/29/21 04/30/21 4,896,719.73 0.87 6,257.17 4,920,228.89 4,787,927.40

US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
91282CCF6 1,405,000.00 AA+ Aa1 06/23/21 06/25/21 1,396,987.11 0.87 28.79 1,403,380.52 1,358,514.17

US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
91282CCF6 4,615,000.00 AA+ Aa1 04/06/22 04/07/22 4,253,551.76 2.76 94.57 4,528,156.99 4,462,308.11

US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
91282CCF6 4,800,000.00 AA+ Aa1 06/06/22 06/08/22 4,399,125.00 2.99 98.36 4,699,574.33 4,641,187.20

US TREASURY N/B
DTD 08/31/2021 0.750% 08/31/2026
91282CCW9 4,640,000.00 AA+ Aa1 04/06/22 04/07/22 4,258,106.25 2.75 8,794.57 4,531,634.38 4,453,495.20

US TREASURY N/B
DTD 09/30/2021 0.875% 09/30/2026
91282CCZ2 4,310,000.00 AA+ Aa1 04/05/22 04/07/22 3,968,398.83 2.77 6,388.46 4,208,583.89 4,134,065.80

US TREASURY N/B
DTD 11/15/2016 2.000% 11/15/2026
912828U24 4,545,000.00 AA+ Aa1 06/06/22 06/08/22 4,355,920.90 3.01 4,199.18 4,482,945.66 4,415,394.78

US TREASURY N/B
DTD 02/15/2017 2.250% 02/15/2027
912828V98 9,220,000.00 AA+ Aa1 07/05/22 07/07/22 8,981,576.56 2.85 60,745.03 9,131,653.07 8,959,249.18 PFM Asset Management, a division of Account 57710050 Page 5 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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+ Aa1 11/29/22 11/30/22 854,973.44 4.03 3,853.83 886,765.02 886,929.68

US TREASURY N/B
DTD 04/30/2020 0.500% 04/30/2027
912828ZN3 6,480,000.00 AA+ Aa1 08/03/22 08/05/22 5,791,500.00 2.92 2,817.39 6,202,051.47 6,073,989.12

US TREASURY N/B
DTD 06/30/2020 0.500% 06/30/2027
912828ZV5 5,545,000.00 AA+ Aa1 08/09/22 08/10/22 4,920,754.30 2.99 11,641.44 5,279,564.43 5,170,279.99

US TREASURY N/B
DTD 08/15/2017 2.250% 08/15/2027
9128282R0 1,200,000.00 AA+ Aa1 08/29/22 08/31/22 1,142,625.00 3.30 7,906.08 1,174,482.39 1,158,234.00

US TREASURY N/B
DTD 08/15/2017 2.250% 08/15/2027
9128282R0 2,985,000.00 AA+ Aa1 09/01/22 09/06/22 2,830,036.52 3.40 19,666.37 2,915,850.55 2,881,107.07

US TREASURY N/B
DTD 09/30/2022 4.125% 09/30/2027
91282CFM8 5,380,000.00 AA+ Aa1 11/01/22 11/03/22 5,344,903.91 4.27 37,593.85 5,363,333.27 5,407,739.28

US TREASURY N/B
DTD 10/31/2022 4.125% 10/31/2027
91282CFU0 2,715,000.00 AA+ Aa1 12/06/22 12/08/22 2,752,755.47 3.81 9,738.59 2,733,624.34 2,728,680.89

US TREASURY N/B
DTD 10/31/2022 4.125% 10/31/2027
91282CFU0 3,160,000.00 AA+ Aa1 12/13/22 12/14/22 3,229,495.31 3.63 11,334.78 3,194,396.67 3,175,923.24

US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
91282CAU5 8,775,000.00 AA+ Aa1 01/04/23 01/06/23 7,472,803.71 3.91 3,815.22 8,122,051.09 8,092,541.93

US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2027
91282CGC9 4,250,000.00 AA+ Aa1 06/01/23 06/05/23 4,266,933.59 3.78 69,150.55 4,259,561.90 4,248,839.75

US TREASURY N/B
DTD 01/31/2023 3.500% 01/31/2028
91282CGH8 2,220,000.00 AA+ Aa1 05/16/23 05/18/23 2,218,265.63 3.52 25,971.55 2,219,017.29 2,198,319.48

US TREASURY N/B
DTD 02/01/2021 0.750% 01/31/2028
91282CBJ9 3,450,000.00 AA+ Aa1 01/31/23 01/31/23 2,994,761.72 3.66 8,648.83 3,207,173.01 3,177,774.30

US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
91282CGP0 1,245,000.00 AA+ Aa1 03/03/23 03/07/23 1,231,188.28 4.25 12,585.33 1,237,388.38 1,248,452.39

US TREASURY N/B
DTD 03/31/2021 1.250% 03/31/2028
91282CBS9 2,555,000.00 AA+ Aa1 05/08/23 05/09/23 2,299,400.20 3.49 5,410.18 2,407,186.69 2,375,751.42 PFM Asset Management, a division of Account 57710050 Page 6 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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 03/31/2023 3.625% 03/31/2028
91282CGT2 2,675,000.00 AA+ Aa1 05/01/23 05/02/23 2,672,178.71 3.65 16,426.40 2,673,374.81 2,656,818.03

US TREASURY N/B
DTD 05/01/2023 3.500% 04/30/2028
91282CHA2 2,810,000.00 AA+ Aa1 05/01/23 05/01/23 2,796,937.89 3.60 8,552.17 2,802,388.78 2,779,924.57

US TREASURY N/B
DTD 05/01/2023 3.500% 04/30/2028
91282CHA2 6,530,000.00 AA+ Aa1 05/03/23 05/04/23 6,559,844.14 3.40 19,873.91 6,547,418.63 6,460,109.41

US TREASURY N/B
DTD 04/01/2024 4.125% 03/31/2029
91282CKG5 3,450,000.00 AA+ Aa1 04/09/24 04/11/24 3,411,861.33 4.37 24,107.58 3,419,903.41 3,473,315.10

US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2029
91282CKP5 4,430,000.00 AA+ Aa1 10/16/24 10/17/24 4,571,725.39 3.85 17,816.30 4,553,627.85 4,538,845.10

US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2029
91282CKP5 5,190,000.00 AA+ Aa1 05/02/24 05/03/24 5,201,961.33 4.57 20,872.83 5,199,605.06 5,317,518.30

US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
91282CKT7 1,430,000.00 AA+ Aa1 06/06/24 06/07/24 1,442,959.38 4.30 175.82 1,440,615.62 1,459,047.59

US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
91282CKT7 4,190,000.00 AA+ Aa1 06/05/24 06/06/24 4,224,698.44 4.31 515.16 4,218,411.55 4,275,111.47

US TREASURY N/B
DTD 07/01/2024 4.250% 06/30/2029
91282CKX8 2,920,000.00 AA+ Aa1 07/01/24 07/02/24 2,896,959.38 4.43 52,108.29 2,900,816.51 2,952,622.24

US TREASURY N/B
DTD 07/31/2024 4.000% 07/31/2029
91282CLC3 2,105,000.00 AA+ Aa1 08/01/24 08/02/24 2,119,636.33 3.85 28,144.20 2,117,397.89 2,108,946.88

US TREASURY N/B
DTD 09/03/2024 3.625% 08/31/2029
91282CLK5 7,550,000.00 AA+ Aa1 09/04/24 09/05/24 7,565,630.86 3.58 69,165.59 7,563,509.94 7,452,084.05

US TREASURY N/B
DTD 09/30/2024 3.500% 09/30/2029
91282CLN9 8,695,000.00 AA+ Aa1 10/02/24 10/03/24 8,670,205.66 3.56 51,552.32 8,673,269.99 8,537,403.13

US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
91282CLR0 4,850,000.00 AA+ Aa1 11/01/24 11/04/24 4,838,064.45 4.18 17,396.74 4,839,333.45 4,880,312.50

US TREASURY N/B
DTD 12/02/2024 4.125% 11/30/2029
91282CMA6 6,315,000.00 AA+ Aa1 12/05/24 12/06/24 6,326,347.27 4.08 711.73 6,325,359.46 6,357,184.20 PFM Asset Management, a division of Account 57710050 Page 7 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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 12/31/2024 4.375% 12/31/2029
91282CMD0 12,365,000.00 AA+ Aa1 01/06/25 01/07/25 12,337,468.55 4.43 227,147.10 12,339,472.46 12,568,824.66

US TREASURY N/B
DTD 01/31/2025 4.250% 01/31/2030
91282CMG3 3,470,000.00 AA+ Aa1 02/04/25 02/05/25 3,457,123.04 4.33 49,294.13 3,457,881.13 3,509,714.15

US TREASURY N/B
DTD 02/28/2023 4.000% 02/28/2030
91282CGQ8 8,565,000.00 AA+ Aa1 03/04/25 03/05/25 8,580,724.80 3.96 86,580.98 8,580,059.29 8,575,706.25

US TREASURY N/B
DTD 03/31/2025 4.000% 03/31/2030
91282CMU2 10,775,000.00 AA+ Aa1 04/01/25 04/02/25 10,828,875.00 3.89 73,010.93 10,827,296.48 10,783,415.28 Security Type Sub-Total 212,555,000.00 206,252,588.69 3.41 1,127,822.93 210,303,612.44 209,014,921.16 U.S. Treasury Bill

TREASURY BILL
DTD 02/04/2025 0.000% 06/03/2025
912797PL5 900,000.00 A-1+ P-1 05/14/25 05/15/25 897,994.55 4.22 0.00 899,788.90 899,893.80 Security Type Sub-Total 900,000.00 897,994.55 4.22 0.00 899,788.90 899,893.80 Municipal Bond / Note

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 2,647.04 505,062.09 503,585.50

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 1,291,372.71

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 2,203.06 505,000.00 495,524.18 Security Type Sub-Total 2,305,000.00 2,308,570.35 1.18 11,638.06 2,305,062.09 2,290,482.39 Federal Agency Commercial Mortgage-Backed Security
FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 2,387,973.28 AA+ Aa1 05/19/23 05/24/23 2,314,468.48 4.29 6,660.46 2,356,845.95 2,352,920.22 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
3137BXQY1 4,000,000.00 AA+ Aa1 08/16/23 08/18/23 3,773,125.00 4.94 10,746.67 3,885,600.42 3,925,588.00 PFM Asset Management, a division of Account 57710050 Page 8 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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 K065 A2
DTD 07/01/2017 3.243% 04/01/2027
3137F1G44 2,275,000.00 AA+ Aa1 08/16/23 08/18/23 2,144,987.30 4.93 6,148.19 2,207,985.16 2,231,158.48 FHMS K066 A2
DTD 08/01/2017 3.117% 06/01/2027
3137F2LJ3 3,530,000.00 AA+ Aa1 08/17/23 08/22/23 3,301,101.56 4.97 9,169.18 3,406,861.57 3,453,656.69 FHMS K507 A1
DTD 09/01/2023 4.800% 04/01/2028
3137HAMR4 3,447,449.84 AA+ Aa1 09/20/23 09/28/23 3,393,349.00 5.19 13,789.80 3,411,029.73 3,486,254.33 FHMS K506 A1
DTD 09/01/2023 4.650% 05/01/2028
3137HAMG8 1,867,699.69 AA+ Aa1 09/07/23 09/14/23 1,839,768.23 5.01 7,237.34 1,849,172.62 1,882,217.32 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 2,773,441.86 AA+ Aa1 07/19/23 07/27/23 2,773,372.53 4.78 11,040.61 2,773,398.57 2,787,134.34 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
3137HACX2 3,500,000.00 AA+ Aa1 07/13/23 07/20/23 3,534,958.00 4.59 14,055.42 3,521,742.89 3,544,628.50 FNA 2023-M6 A2
DTD 07/01/2023 4.182% 07/01/2028
3136BQDE6 3,343,180.73 AA+ Aa1 07/18/23 07/31/23 3,286,503.37 4.58 11,649.68 3,307,354.57 3,325,321.46 FHMS KJ47 A1
DTD 09/01/2023 5.272% 08/01/2028
3137HAMN3 1,999,855.86 AA+ Aa1 09/19/23 09/28/23 1,999,845.85 5.27 8,786.03 1,999,849.90 2,033,975.40 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
3137HAMH6 3,800,000.00 AA+ Aa1 09/07/23 09/14/23 3,743,786.60 4.99 14,725.00 3,761,651.57 3,832,786.40 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
3137HAQ74 3,850,000.00 AA+ Aa1 10/11/23 10/19/23 3,765,546.40 5.25 15,207.50 3,791,257.32 3,893,451.10 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4 2,890,000.00 AA+ Aa1 10/25/23 10/31/23 2,797,858.13 5.60 11,680.42 2,823,842.39 2,934,526.23 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
3137HAMS2 3,800,000.00 AA+ Aa1 09/20/23 09/28/23 3,754,578.60 5.07 15,200.00 3,768,038.83 3,856,703.60 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
3137HB3D4 1,465,000.00 AA+ Aa1 11/14/23 11/21/23 1,460,764.69 5.14 6,188.40 1,461,962.18 1,497,859.95 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
3137HB3G7 2,125,000.00 AA+ Aa1 11/28/23 12/07/23 2,118,894.88 4.93 8,606.25 2,120,591.30 2,157,049.25 PFM Asset Management, a division of Account 57710050 Page 9 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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 K512 A2
DTD 12/01/2023 5.000% 11/01/2028
3137HBCF9 1,935,000.00 AA+ Aa1 12/11/23 12/21/23 1,953,069.03 4.79 8,062.50 1,948,226.22 1,975,027.41 FHMS K513 A2
DTD 01/01/2024 4.724% 12/01/2028
3137HBFY5 2,190,000.00 AA+ Aa1 01/10/24 01/18/24 2,211,875.91 4.50 8,621.30 2,206,308.05 2,217,587.43 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
3137HBLV4 2,220,000.00 AA+ Aa1 02/01/24 02/08/24 2,242,197.78 4.34 8,458.20 2,236,701.75 2,234,358.96 FHMS K518 A2
DTD 03/01/2024 5.400% 01/01/2029
3137HC2L5 2,715,000.00 AA+ Aa1 03/19/24 03/28/24 2,780,553.68 4.83 12,217.50 2,766,815.37 2,807,459.33 FHMS K517 A2
DTD 03/01/2024 5.355% 01/01/2029
3137HC2C5 3,355,000.00 AA+ Aa1 03/05/24 03/14/24 3,455,603.03 4.67 14,971.69 3,432,685.82 3,468,093.70 FHMS K515 A2
DTD 02/01/2024 5.400% 01/01/2029
3137HBPD0 3,750,000.00 AA+ Aa1 02/14/24 02/22/24 3,851,025.00 4.79 16,875.00 3,827,202.22 3,877,098.75 FHMS K516 A2
DTD 03/01/2024 5.477% 01/01/2029
3137HBPM0 3,750,000.00 AA+ Aa1 02/29/24 03/07/24 3,862,488.75 4.79 17,115.63 3,836,614.59 3,881,748.75 FHMS K520 A2
DTD 04/01/2024 5.180% 03/01/2029
3137HCKV3 2,125,000.00 AA+ Aa1 04/23/24 04/30/24 2,133,625.38 5.09 9,172.92 2,132,010.17 2,181,663.13 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
3137HDV56 3,245,000.00 AA+ Aa1 07/16/24 07/25/24 3,264,927.54 4.58 12,763.67 3,262,015.12 3,284,322.91 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
3137HDJJ0 3,850,000.00 AA+ Aa1 06/05/24 06/13/24 3,849,988.45 4.80 15,409.63 3,850,000.00 3,906,810.60 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
3137HDXL9 3,500,000.00 AA+ Aa1 08/07/24 08/15/24 3,532,739.00 4.33 13,250.42 3,527,960.15 3,521,892.50 FHMS K530 A2
DTD 11/01/2024 4.792% 09/01/2029
3137HHJL6 3,980,000.00 AA+ Aa1 11/19/24 11/27/24 4,000,723.86 4.67 15,893.47 3,999,046.46 4,041,371.60 Security Type Sub-Total 83,669,601.26 83,141,726.03 4.84 323,702.88 83,472,770.89 84,592,666.34 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 2,228,038.02 2,194,030.10 PFM Asset Management, a division of Account 57710050 Page 10 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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 3,465,109.86 3,382,429.05

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 3,008,830.35 2,940,585.00

BANK OF AMERICA NA (CALLABLE)
DTD 08/18/2023 5.526% 08/18/2026
06428CAA2 3,750,000.00 A+ Aa2 08/15/23 08/18/23 3,749,700.00 5.53 59,289.38 3,749,878.61 3,797,193.75

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 2,512,642.00 2,516,098.56

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 20,872.93 849,521.47 859,339.80

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 3,538,458.00

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 2,688.83 364,797.67 352,567.01

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 2,965,149.56 2,963,316.00

GOLDMAN SACHS BANK USA (CALLABLE)
DTD 05/21/2024 5.414% 05/21/2027
38151LAG5 3,000,000.00 A+ A1 05/21/25 05/22/25 3,018,870.00 5.08 4,511.67 3,018,404.21 3,020,427.00

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 3,508,942.13 3,502,768.56

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 1,454,042.90 1,493,880.42

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 1,218,407.98 1,216,708.44

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 5,209,565.84 5,201,924.00

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 9,324.56 499,200.02 505,033.65 PFM Asset Management, a division of Account 57710050 Page 11 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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 16,859.56 900,433.95 913,141.65

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 1,163,917.02 1,188,614.55

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 1,125,449.54 1,152,986.46

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 2,796,671.20 2,874,877.60

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 5,876,762.75

BANK OF AMERICA CORP (CALLABLE)
DTD 01/24/2025 4.979% 01/24/2029
06051GMK2 2,060,000.00 A- A1 04/01/25 04/02/25 2,082,824.80 4.66 36,183.50 2,081,573.93 2,079,594.72

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 1,905,992.60

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 3,669.26 364,487.06 370,542.16

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 1,296,344.27 1,321,181.02

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 1,578,143.00 1,611,942.86

BANK OF NEW YORK MELLON (CALLABLE)
DTD 04/22/2025 4.729% 04/20/2029
06405LAH4 2,700,000.00 AA- Aa2 05/06/25 05/07/25 2,727,216.00 4.45 13,832.33 2,726,636.60 2,722,094.10

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 1,932,484.24 1,952,941.32

ELI LILLY & CO (CALLABLE)
DTD 08/14/2024 4.200% 08/14/2029
532457CQ9 660,000.00 A+ Aa3 08/12/24 08/14/24 658,554.60 4.25 8,239.00 658,767.53 658,412.04

ELI LILLY & CO (CALLABLE)
DTD 08/14/2024 4.200% 08/14/2029
532457CQ9 2,290,000.00 A+ Aa3 08/13/24 08/14/24 2,293,343.40 4.17 28,586.83 2,292,859.03 2,284,490.26 PFM Asset Management, a division of Account 57710050 Page 12 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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

PEPSICO INC (CALLABLE)
DTD 02/07/2025 4.600% 02/07/2030
713448GB8 730,000.00 A+ A1 02/05/25 02/07/25 728,773.60 4.64 10,633.67 728,844.50 736,885.36

WALMART INC (CALLABLE)
DTD 04/28/2025 4.350% 04/28/2030
931142FN8 1,140,000.00 AA Aa2 04/23/25 04/28/25 1,138,027.80 4.39 4,545.75 1,138,061.12 1,143,211.38

WALMART INC (CALLABLE)
DTD 04/28/2025 4.350% 04/28/2030
931142FN8 3,500,000.00 AA Aa2 05/01/25 05/02/25 3,531,465.00 4.15 13,956.25 3,530,995.36 3,509,859.50 Security Type Sub-Total 69,575,000.00 69,150,837.05 4.28 643,934.64 69,418,198.97 69,788,289.67 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 3,542,633.50 Security Type Sub-Total 3,500,000.00 3,500,000.00 5.08 66,181.11 3,500,000.00 3,542,633.50 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 5,629,682.98 5,696,246.82

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 1,384,031.20

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 2,643,538.05 2,686,648.80 Security Type Sub-Total 9,635,000.00 9,627,215.45 5.51 100,308.48 9,633,221.03 9,766,926.82 Asset-Backed Security
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 20,986.10 834,931.85 837,751.33 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 2,088.53 889,867.93 896,814.73 BAAT 2023-1A A3
DTD 07/31/2023 5.530% 02/15/2028
06428AAC2 1,226,939.74 NR Aaa 07/25/23 07/31/23 1,226,893.24 5.53 3,015.55 1,226,912.02 1,234,841.23 PFM Asset Management, a division of Account 57710050 Page 13 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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
HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
43815QAC1 2,070,293.81 AAA NR 08/15/23 08/22/23 2,069,866.92 5.42 4,044.55 2,070,035.72 2,082,945.37 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 1,582.40 689,903.87 693,523.14 USAOT 2023-A A3
DTD 09/15/2023 5.580% 05/15/2028
90291VAC4 2,520,284.91 AAA Aaa 09/07/23 09/15/23 2,519,843.87 5.58 6,250.31 2,519,997.14 2,533,460.96 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 5.74 7,462.00 2,924,967.44 2,953,044.90 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 1,883.60 764,943.95 773,375.99 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 2,379,485.30 AAA Aaa 08/15/23 08/23/23 2,379,337.77 5.53 5,848.25 2,379,390.29 2,396,146.46 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 3,019,425.67 3,049,290.98 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 5.23 7,182.53 3,089,906.82 3,122,339.94 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 1,129,895.87 1,142,946.41 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 1,364,870.26 1,377,514.32 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 4.85 737.60 364,945.39 366,683.38 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 3,389,615.86 3,406,268.61 KCOT 2025-1A A3
DTD 02/19/2025 4.670% 06/15/2029
50117FAC5 1,550,000.00 NR Aaa 02/11/25 02/19/25 1,549,946.84 4.67 3,217.11 1,549,954.44 1,559,405.40 HART 2025-A A3
DTD 03/12/2025 4.320% 10/15/2029
44935CAD3 2,525,000.00 AAA NR 03/04/25 03/12/25 2,524,627.56 4.32 4,848.00 2,524,648.50 2,523,891.53 PFM Asset Management, a division of Account 57710050 Page 14 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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
GMCAR 2025-2 A3
DTD 05/14/2025 4.280% 04/16/2030
362549AD9 680,000.00 AAA Aaa 05/06/25 05/14/25 679,899.90 4.28 1,374.36 679,901.43 680,558.28 Security Type Sub-Total 31,417,003.76 31,412,898.22 5.16 90,180.94 31,414,114.45 31,630,802.96 Managed Account Sub-Total 413,556,605.02 406,291,830.34 4.04 2,363,769.04 410,946,768.77 411,526,616.64 $413,556,605.02 $406,291,830.34 4.04% $2,363,769.04 $410,946,768.77 $411,526,616.64 $413,890,385.68
$2,363,769.04
Total Investments
Accrued Interest
Securities Sub-Total
PFM Asset Management, a division of Account 57710050 Page 15 U.S. Bancorp Asset Management, Inc.
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Managed Account Fair Market Value & Analytics For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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 91282CBH3 595,000.00 Nomura 97.46 579,888.19 18,263.97 (9,468.23) DTD 02/01/2021 0.375% 01/31/2026

0.66 4.30
US TREASURY N/B 91282CBH3 7,980,000.00 JPMorgan 97.46 7,777,323.96 520,511.46 (73,686.46) DTD 02/01/2021 0.375% 01/31/2026

0.66 4.30
US TREASURY N/B 9128286F2 3,210,000.00 GoldmanS 98.72 3,168,786.81 (324,094.44) (83,374.12) DTD 02/28/2019 2.500% 02/28/2026

0.73 4.10
US TREASURY N/B 91282CBQ3 4,645,000.00 Nomura 97.27 4,518,168.27 258,195.22 (53,235.57) DTD 03/01/2021 0.500% 02/28/2026

0.73 4.12
US TREASURY N/B 91282CBQ3 6,000,000.00 WellsFar 97.27 5,836,170.00 (2,111.25) (135,340.69) DTD 03/01/2021 0.500% 02/28/2026

0.73 4.12
US TREASURY N/B 91282CBT7 2,480,000.00 WellsFar 97.22 2,410,976.64 (68,054.61) (68,846.96) DTD 03/31/2021 0.750% 03/31/2026

0.81 4.16
US TREASURY N/B 91282CBT7 4,925,000.00 MorganSt 97.22 4,787,927.40 (108,792.33) (132,301.49) DTD 03/31/2021 0.750% 03/31/2026

0.81 4.16
US TREASURY N/B 91282CCF6 1,405,000.00 BOFAML 96.69 1,358,514.17 (38,472.94) (44,866.35) DTD 06/01/2021 0.750% 05/31/2026

0.98 4.16
US TREASURY N/B 91282CCF6 4,615,000.00 Nomura 96.69 4,462,308.11 208,756.35 (65,848.88) DTD 06/01/2021 0.750% 05/31/2026

0.98 4.16
US TREASURY N/B 91282CCF6 4,800,000.00 Citigrou 96.69 4,641,187.20 242,062.20 (58,387.13) DTD 06/01/2021 0.750% 05/31/2026

0.98 4.16
US TREASURY N/B 91282CCW9 4,640,000.00 RBC Capi 95.98 4,453,495.20 195,388.95 (78,139.18) DTD 08/31/2021 0.750% 08/31/2026

1.23 4.13
US TREASURY N/B 91282CCZ2 4,310,000.00 RBC Capi 95.92 4,134,065.80 165,666.97 (74,518.09) DTD 09/30/2021 0.875% 09/30/2026

1.30 4.10
US TREASURY N/B 912828U24 4,545,000.00 RBC Capi 97.15 4,415,394.78 59,473.88 (67,550.88) DTD 11/15/2016 2.000% 11/15/2026

1.42 4.08
US TREASURY N/B 912828V98 9,220,000.00 JPMorgan 97.17 8,959,249.18 (22,327.38) (172,403.89) DTD 02/15/2017 2.250% 02/15/2027

1.64 4.01
US TREASURY N/B 91282CEF4 910,000.00 Barclays 97.46 886,929.68 31,956.24 164.66 DTD 03/31/2022 2.500% 03/31/2027

1.76 3.98
US TREASURY N/B 912828ZN3 6,480,000.00 Nomura 93.73 6,073,989.12 282,489.12 (128,062.35) DTD 04/30/2020 0.500% 04/30/2027

1.87 3.97
US TREASURY N/B 912828ZV5 5,545,000.00 WellsFar 93.24 5,170,279.99 249,525.69 (109,284.44) DTD 06/30/2020 0.500% 06/30/2027

2.03 3.95
PFM Asset Management, a division of Account 57710050 Page 16 U.S. Bancorp Asset Management, Inc.
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Managed Account Fair Market Value & Analytics For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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 9128282R0 1,200,000.00 BNPPSA 96.52 1,158,234.00 15,609.00 (16,248.39) DTD 08/15/2017 2.250% 08/15/2027

2.11 3.93
US TREASURY N/B 9128282R0 2,985,000.00 HSBC 96.52 2,881,107.07 51,070.55 (34,743.48) DTD 08/15/2017 2.250% 08/15/2027

2.11 3.93
US TREASURY N/B 91282CFM8 5,380,000.00 BOFAML 100.52 5,407,739.28 62,835.37 44,406.01 DTD 09/30/2022 4.125% 09/30/2027

2.19 3.91
US TREASURY N/B 91282CFU0 2,715,000.00 Nomura 100.50 2,728,680.89 (24,074.58) (4,943.45) DTD 10/31/2022 4.125% 10/31/2027

2.27 3.93
US TREASURY N/B 91282CFU0 3,160,000.00 JPMorgan 100.50 3,175,923.24 (53,572.07) (18,473.43) DTD 10/31/2022 4.125% 10/31/2027

2.27 3.93
US TREASURY N/B 91282CAU5 8,775,000.00 WellsFar 92.22 8,092,541.93 619,738.22 (29,509.16) DTD 11/02/2020 0.500% 10/31/2027

2.36 3.94
US TREASURY N/B 91282CGC9 4,250,000.00 Nomura 99.97 4,248,839.75 (18,093.84) (10,722.15) DTD 01/03/2023 3.875% 12/31/2027

2.40 3.91
US TREASURY N/B 91282CGH8 2,220,000.00 BNPPSA 99.02 2,198,319.48 (19,946.15) (20,697.81) DTD 01/31/2023 3.500% 01/31/2028

2.49 3.92
US TREASURY N/B 91282CBJ9 3,450,000.00 HSBC 92.11 3,177,774.30 183,012.58 (29,398.71) DTD 02/01/2021 0.750% 01/31/2028

2.59 3.93
US TREASURY N/B 91282CGP0 1,245,000.00 TD Secur 100.28 1,248,452.39 17,264.11 11,064.01 DTD 02/28/2023 4.000% 02/29/2028

2.56 3.91
US TREASURY N/B 91282CBS9 2,555,000.00 BNPPSA 92.98 2,375,751.42 76,351.22 (31,435.27) DTD 03/31/2021 1.250% 03/31/2028

2.73 3.92
US TREASURY N/B 91282CGT2 2,675,000.00 RBS 99.32 2,656,818.03 (15,360.68) (16,556.78) DTD 03/31/2023 3.625% 03/31/2028

2.65 3.90
US TREASURY N/B 91282CHA2 2,810,000.00 Barclays 98.93 2,779,924.57 (17,013.32) (22,464.21) DTD 05/01/2023 3.500% 04/30/2028

2.73 3.92
US TREASURY N/B 91282CHA2 6,530,000.00 GoldmanS 98.93 6,460,109.41 (99,734.73) (87,309.22) DTD 05/01/2023 3.500% 04/30/2028

2.73 3.92
US TREASURY N/B 91282CKG5 3,450,000.00 BMO 100.68 3,473,315.10 61,453.77 53,411.69 DTD 04/01/2024 4.125% 03/31/2029

3.49 3.95
US TREASURY N/B 91282CKP5 4,430,000.00 JPMorgan 102.46 4,538,845.10 (32,880.29) (14,782.75) DTD 04/30/2024 4.625% 04/30/2029

3.55 3.96
US TREASURY N/B 91282CKP5 5,190,000.00 GoldmanS 102.46 5,317,518.30 115,556.97 117,913.24 DTD 04/30/2024 4.625% 04/30/2029

3.55 3.96
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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 91282CKT7 1,430,000.00 JPMorgan 102.03 1,459,047.59 16,088.21 18,431.97 DTD 05/31/2024 4.500% 05/31/2029

3.56 3.97
US TREASURY N/B 91282CKT7 4,190,000.00 JPMorgan 102.03 4,275,111.47 50,413.03 56,699.92 DTD 05/31/2024 4.500% 05/31/2029

3.56 3.97
US TREASURY N/B 91282CKX8 2,920,000.00 Citigrou 101.12 2,952,622.24 55,662.86 51,805.73 DTD 07/01/2024 4.250% 06/30/2029

3.66 3.97
US TREASURY N/B 91282CLC3 2,105,000.00 Citigrou 100.19 2,108,946.88 (10,689.45) (8,451.01) DTD 07/31/2024 4.000% 07/31/2029

3.76 3.97
US TREASURY N/B 91282CLK5 7,550,000.00 Citigrou 98.70 7,452,084.05 (113,546.81) (111,425.89) DTD 09/03/2024 3.625% 08/31/2029

3.87 3.98
US TREASURY N/B 91282CLN9 8,695,000.00 TD Secur 98.19 8,537,403.13 (132,802.53) (135,866.86) DTD 09/30/2024 3.500% 09/30/2029

3.96 3.98
US TREASURY N/B 91282CLR0 4,850,000.00 HSBC 100.63 4,880,312.50 42,248.05 40,979.05 DTD 10/31/2024 4.125% 10/31/2029

4.00 3.98
US TREASURY N/B 91282CMA6 6,315,000.00 WellsFar 100.67 6,357,184.20 30,836.93 31,824.74 DTD 12/02/2024 4.125% 11/30/2029

4.00 3.98
US TREASURY N/B 91282CMD0 12,365,000.00 BNP Sec 101.65 12,568,824.66 231,356.11 229,352.20 DTD 12/31/2024 4.375% 12/31/2029

4.06 4.00
US TREASURY N/B 91282CMG3 3,470,000.00 BNP Sec 101.14 3,509,714.15 52,591.11 51,833.02 DTD 01/31/2025 4.250% 01/31/2030

4.15 4.00
US TREASURY N/B 91282CGQ8 8,565,000.00 Nomura 100.13 8,575,706.25 (5,018.55) (4,353.04) DTD 02/28/2023 4.000% 02/28/2030

4.25 3.99
US TREASURY N/B 91282CMU2 10,775,000.00 BNP Sec 100.08 10,783,415.28 (45,459.72) (43,881.20) DTD 03/31/2025 4.000% 03/31/2030

4.33 4.00
Security Type Sub-Total 212,555,000.00 209,014,921.16 2,762,332.47 (1,288,691.28) 2.62 4.01 U.S. Treasury Bill
TREASURY BILL 912797PL5 900,000.00 BMO 99.99 899,893.80 1,899.25 104.90 DTD 02/04/2025 0.000% 06/03/2025

0.01 4.25
Security Type Sub-Total 900,000.00 899,893.80 1,899.25 104.90 0.01 4.25 Municipal Bond / Note
PFM Asset Management, a division of Account 57710050 Page 18 U.S. Bancorp Asset Management, Inc.
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Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Municipal Bond / Note
FLORIDA ST BRD OF ADM 341271AD6 505,000.00 BOFAML 99.72 503,585.50 (4,984.85) (1,476.59) DTD 09/16/2020 1.258% 07/01/2025

0.09 4.76
FLORIDA ST BRD OF ADM 341271AD6 1,295,000.00 BOFAML 99.72 1,291,372.71 (3,627.29) (3,627.29) DTD 09/16/2020 1.258% 07/01/2025

0.09 4.76
NJ TPK AUTH -B-TXBL 646140DP5 505,000.00 Citigrou 98.12 495,524.18 (9,475.82) (9,475.82) DTD 02/04/2021 1.047% 01/01/2026

0.57 4.39
Security Type Sub-Total 2,305,000.00 2,290,482.39 (18,087.96) (14,579.70) 0.19 4.68 Federal Agency Commercial Mortgage-Backed Security
FHMS K061 A2 3137BTUM1 2,387,973.28 Citigrou 98.53 2,352,920.22 38,451.74 (3,925.73) DTD 01/01/2017 3.347% 11/01/2026

1.33 4.33
FHMS K064 A2 3137BXQY1 4,000,000.00 MorganSt 98.14 3,925,588.00 152,463.00 39,987.58 DTD 05/01/2017 3.224% 03/01/2027

1.58 4.32
FHMS K065 A2 3137F1G44 2,275,000.00 Citigrou 98.07 2,231,158.48 86,171.18 23,173.32 DTD 07/01/2017 3.243% 04/01/2027

1.73 4.28
FHMS K066 A2 3137F2LJ3 3,530,000.00 CantorFi 97.84 3,453,656.69 152,555.13 46,795.12 DTD 08/01/2017 3.117% 06/01/2027

1.81 4.27
FHMS K507 A1 3137HAMR4 3,447,449.84 BOFAML 101.13 3,486,254.33 92,905.33 75,224.60 DTD 09/01/2023 4.800% 04/01/2028

2.31 4.26
FHMS K506 A1 3137HAMG8 1,867,699.69 WellsFar 100.78 1,882,217.32 42,449.09 33,044.70 DTD 09/01/2023 4.650% 05/01/2028

2.46 4.28
FHMS KJ46 A1 3137HAD45 2,773,441.86 JPMorgan 100.49 2,787,134.34 13,761.81 13,735.77 DTD 07/01/2023 4.777% 06/01/2028

1.92 4.43
FHMS K505 A2 3137HACX2 3,500,000.00 JPMorgan 101.28 3,544,628.50 9,670.50 22,885.61 DTD 07/01/2023 4.819% 06/01/2028

2.71 4.30
FNA 2023-M6 A2 3136BQDE6 3,343,180.73 JPMorgan 99.47 3,325,321.46 38,818.09 17,966.89 DTD 07/01/2023 4.182% 07/01/2028

2.84 4.32
FHMS KJ47 A1 3137HAMN3 1,999,855.86 JPMorgan 101.71 2,033,975.40 34,129.55 34,125.50 DTD 09/01/2023 5.272% 08/01/2028

2.20 4.43
FHMS K506 A2 3137HAMH6 3,800,000.00 WellsFar 100.86 3,832,786.40 88,999.80 71,134.83 DTD 09/01/2023 4.650% 08/01/2028

2.85 4.31
FHMS K508 A2 3137HAQ74 3,850,000.00 BMO 101.13 3,893,451.10 127,904.70 102,193.78 DTD 10/01/2023 4.740% 08/01/2028

2.87 4.31
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Managed Account Fair Market Value & Analytics For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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 K509 A2 3137HAST4 2,890,000.00 MorganSt 101.54 2,934,526.23 136,668.10 110,683.84 DTD 10/01/2023 4.850% 09/01/2028

2.95 4.29
FHMS K507 A2 3137HAMS2 3,800,000.00 BOFAML 101.49 3,856,703.60 102,125.00 88,664.77 DTD 09/01/2023 4.800% 09/01/2028

2.91 4.26
FHMS K510 A2 3137HB3D4 1,465,000.00 JPMorgan 102.24 1,497,859.95 37,095.26 35,897.77 DTD 11/01/2023 5.069% 10/01/2028

2.98 4.33
FHMS K511 A2 3137HB3G7 2,125,000.00 BOFAML 101.51 2,157,049.25 38,154.37 36,457.95 DTD 12/01/2023 4.860% 10/01/2028

3.02 4.33
FHMS K512 A2 3137HBCF9 1,935,000.00 JPMorgan 102.07 1,975,027.41 21,958.38 26,801.19 DTD 12/01/2023 5.000% 11/01/2028

3.03 4.32
FHMS K513 A2 3137HBFY5 2,190,000.00 BMO 101.26 2,217,587.43 5,711.52 11,279.38 DTD 01/01/2024 4.724% 12/01/2028

3.15 4.33
FHMS K514 A2 3137HBLV4 2,220,000.00 JPMorgan 100.65 2,234,358.96 (7,838.82) (2,342.79) DTD 02/01/2024 4.572% 12/01/2028

3.11 4.33
FHMS K518 A2 3137HC2L5 2,715,000.00 JPMorgan 103.41 2,807,459.33 26,905.65 40,643.96 DTD 03/01/2024 5.400% 01/01/2029

3.23 4.33
FHMS K517 A2 3137HC2C5 3,355,000.00 BOFAML 103.37 3,468,093.70 12,490.67 35,407.88 DTD 03/01/2024 5.355% 01/01/2029

3.24 4.30
FHMS K515 A2 3137HBPD0 3,750,000.00 WellsFar 103.39 3,877,098.75 26,073.75 49,896.53 DTD 02/01/2024 5.400% 01/01/2029

3.15 4.31
FHMS K516 A2 3137HBPM0 3,750,000.00 MorganSt 103.51 3,881,748.75 19,260.00 45,134.16 DTD 03/01/2024 5.477% 01/01/2029

3.18 4.36
FHMS K520 A2 3137HCKV3 2,125,000.00 BOFAML 102.67 2,181,663.13 48,037.75 49,652.96 DTD 04/01/2024 5.180% 03/01/2029

3.35 4.37
FHMS K524 A2 3137HDV56 3,245,000.00 PIER 101.21 3,284,322.91 19,395.37 22,307.79 DTD 07/01/2024 4.720% 05/01/2029

3.53 4.36
FHMS K522 A2 3137HDJJ0 3,850,000.00 MorganSt 101.48 3,906,810.60 56,822.15 56,810.60 DTD 06/01/2024 4.803% 05/01/2029

3.42 4.35
FHMS K526 A2 3137HDXL9 3,500,000.00 BMO 100.63 3,521,892.50 (10,846.50) (6,067.65) DTD 08/01/2024 4.543% 07/01/2029

3.68 4.35
FHMS K530 A2 3137HHJL6 3,980,000.00 JPMorgan 101.54 4,041,371.60 40,647.74 42,325.14 DTD 11/01/2024 4.792% 09/01/2029

3.80 4.37
Security Type Sub-Total 83,669,601.26 84,592,666.34 1,450,940.31 1,119,895.45 2.83 4.32 PFM Asset Management, a division of Account 57710050 Page 20 U.S. Bancorp Asset Management, Inc.
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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
BRISTOL-MYERS SQUIBB CO (CALLABLE) 110122DN5 2,230,000.00 BOFAML 10/13/25 98.39 2,194,030.10 (16,858.80) (34,007.92) DTD 11/13/2020 0.750% 11/13/2025

0.45 4.54
BANK OF NY MELLON CORP (CALLABLE) 06406RAQ0 3,465,000.00 US_BANC 12/28/25 97.62 3,382,429.05 (83,402.55) (82,680.81) DTD 01/28/2021 0.750% 01/28/2026

0.65 4.32
MICROSOFT CORP (CALLABLE) 594918BR4 3,000,000.00 TD Secur 05/08/26 98.02 2,940,585.00 (92,565.00) (68,245.35) DTD 08/08/2016 2.400% 08/08/2026

1.13 4.13
BANK OF AMERICA NA (CALLABLE) 06428CAA2 3,750,000.00 BOFAML 07/17/26 101.26 3,797,193.75 47,493.75 47,315.14 DTD 08/18/2023 5.526% 08/18/2026

1.09 4.43
MASTERCARD INC (CALLABLE) 57636QAG9 2,560,000.00 CSFirstB 08/21/26 98.29 2,516,098.56 81,999.36 3,456.56 DTD 11/21/2016 2.950% 11/21/2026

1.37 4.20
JP MORGAN CHASE BANK NA (CALLABLE) 48125LRU8 850,000.00 Citigrou 11/08/26 101.10 859,339.80 10,113.30 9,818.33 DTD 12/08/2023 5.110% 12/08/2026

1.36 4.37
JP MORGAN CHASE BANK NA (CALLABLE) 48125LRU8 3,500,000.00 JPMorgan 11/08/26 101.10 3,538,458.00 38,458.00 38,458.00 DTD 12/08/2023 5.110% 12/08/2026

1.36 4.37
TARGET CORP (CALLABLE) 87612EBM7 365,000.00 Citigrou 12/15/26 96.59 352,567.01 (11,812.49) (12,230.66) DTD 01/24/2022 1.950% 01/15/2027

1.56 4.17
MICROSOFT CORP (CALLABLE) 594918BY9 3,000,000.00 GoldmanS 11/06/26 98.78 2,963,316.00 49,146.00 (1,833.56) DTD 02/06/2017 3.300% 02/06/2027

1.51 4.04
GOLDMAN SACHS BANK USA (CALLABLE) 38151LAG5 3,000,000.00 GoldmanS 05/21/26 100.68 3,020,427.00 1,557.00 2,022.79 DTD 05/21/2024 5.414% 05/21/2027

0.95 4.92
HOME DEPOT INC (CALLABLE) 437076BT8 3,610,000.00 TD Secur 06/14/27 97.03 3,502,768.56 97,094.56 (6,173.57) DTD 09/14/2017 2.800% 09/14/2027

2.12 4.18
JPMORGAN CHASE & CO (CALLABLE) 46647PCW4 1,535,000.00 BOFAML 02/24/27 97.32 1,493,880.42 90,322.47 39,837.52 DTD 02/24/2022 2.947% 02/24/2028

1.65 4.93
WALMART INC (CALLABLE) 931142FB4 1,220,000.00 Barclays 03/15/28 99.73 1,216,708.44 (570.96) (1,699.54) DTD 04/18/2023 3.900% 04/15/2028

2.64 4.03
APPLE INC (CALLABLE) 037833ET3 5,200,000.00 HSBC 04/10/28 100.04 5,201,924.00 (14,456.00) (7,641.84) DTD 05/10/2023 4.000% 05/10/2028

2.71 4.00
JOHN DEERE CAPITAL CORP 24422EXB0 495,000.00 SBSC 102.03 505,033.65 3,301.65 5,833.63 DTD 07/14/2023 4.950% 07/14/2028

2.82 4.25
JOHN DEERE CAPITAL CORP 24422EXB0 895,000.00 TD Secur 102.03 913,141.65 9,451.20 12,707.70 DTD 07/14/2023 4.950% 07/14/2028

2.82 4.25
JOHN DEERE CAPITAL CORP 24422EXB0 1,165,000.00 Citigrou 102.03 1,188,614.55 25,350.40 24,697.53 DTD 07/14/2023 4.950% 07/14/2028

2.82 4.25
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Managed Account Fair Market Value & Analytics For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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
PACCAR FINANCIAL CORP 69371RS64 1,130,000.00 TD Secur 102.03 1,152,986.46 30,071.56 27,536.92 DTD 08/10/2023 4.950% 08/10/2028

2.89 4.28
TOYOTA MOTOR CREDIT CORP 89236TLB9 2,800,000.00 BOFAML 102.67 2,874,877.60 79,749.60 78,206.40 DTD 09/11/2023 5.250% 09/11/2028

2.96 4.39
CITIBANK NA (CALLABLE) 17325FBB3 5,650,000.00 Citigrou 08/29/28 104.01 5,876,762.75 226,762.75 226,762.75 DTD 09/29/2023 5.803% 09/29/2028

2.94 4.51
BANK OF AMERICA CORP (CALLABLE) 06051GMK2 2,060,000.00 Citigrou 01/24/28 100.95 2,079,594.72 (3,230.08) (1,979.21) DTD 01/24/2025 4.979% 01/24/2029

2.43 4.75
STATE STREET CORP (CALLABLE) 857477CN1 1,900,000.00 HSBC 02/20/28 100.32 1,905,992.60 5,992.60 5,992.60 DTD 08/20/2024 4.530% 02/20/2029

2.51 4.67
BLACKROCK FUNDING INC (CALLABLE) 09290DAA9 365,000.00 Citigrou 02/14/29 101.52 370,542.16 6,202.81 6,055.10 DTD 03/14/2024 4.700% 03/14/2029

3.38 4.25
ADOBE INC (CALLABLE) 00724PAF6 1,295,000.00 TD Secur 03/04/29 102.02 1,321,181.02 24,471.62 24,836.75 DTD 04/04/2024 4.800% 04/04/2029

3.42 4.24
ADOBE INC (CALLABLE) 00724PAF6 1,580,000.00 BOFAML 03/04/29 102.02 1,611,942.86 34,297.06 33,799.86 DTD 04/04/2024 4.800% 04/04/2029

3.42 4.24
BANK OF NEW YORK MELLON (CALLABLE) 06405LAH4 2,700,000.00 JPMorgan 04/20/28 100.82 2,722,094.10 (5,121.90) (4,542.50) DTD 04/22/2025 4.729% 04/20/2029

2.66 4.69
PEPSICO INC (CALLABLE) 713448FX1 1,935,000.00 Citigrou 06/17/29 100.93 1,952,941.32 20,940.57 20,457.08 DTD 07/17/2024 4.500% 07/17/2029

3.65 4.28
ELI LILLY & CO (CALLABLE) 532457CQ9 660,000.00 MorganSt 07/14/29 99.76 658,412.04 (142.56) (355.49) DTD 08/14/2024 4.200% 08/14/2029

3.75 4.28
ELI LILLY & CO (CALLABLE) 532457CQ9 2,290,000.00 JPMorgan 07/14/29 99.76 2,284,490.26 (8,853.14) (8,368.77) DTD 08/14/2024 4.200% 08/14/2029

3.75 4.28
PEPSICO INC (CALLABLE) 713448GB8 730,000.00 MorganSt 01/07/30 100.94 736,885.36 8,111.76 8,040.86 DTD 02/07/2025 4.600% 02/07/2030

4.10 4.38
WALMART INC (CALLABLE) 931142FN8 1,140,000.00 BOFAML 03/28/30 100.28 1,143,211.38 5,183.58 5,150.26 DTD 04/28/2025 4.350% 04/28/2030

4.34 4.31
WALMART INC (CALLABLE) 931142FN8 3,500,000.00 KEYB 03/28/30 100.28 3,509,859.50 (21,605.50) (21,135.86) DTD 04/28/2025 4.350% 04/28/2030

4.34 4.31
Security Type Sub-Total 69,575,000.00 69,788,289.67 637,452.62 370,090.70 2.31 4.36 Certificate of Deposit
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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
Certificate of Deposit
COOPERAT RABOBANK UA/NY 21684LGS5 3,500,000.00 RABO UA 101.22 3,542,633.50 42,633.50 42,633.50 DTD 07/20/2023 5.080% 07/17/2026

1.07 3.96
Security Type Sub-Total 3,500,000.00 3,542,633.50 42,633.50 42,633.50 1.07 3.96 Bank Note
WELLS FARGO BANK NA (CALLABLE) 94988J6D4 5,635,000.00 WellsFar 07/07/26 101.09 5,696,246.82 74,601.77 66,563.84 DTD 08/09/2023 5.450% 08/07/2026

1.06 4.49
MORGAN STANLEY BANK NA (CALLABLE) 61690U8B9 1,360,000.00 MorganSt 05/26/27 101.77 1,384,031.20 24,031.20 24,031.20 DTD 05/30/2024 5.504% 05/26/2028

1.88 4.78
MORGAN STANLEY BANK NA (CALLABLE) 61690U8B9 2,640,000.00 MorganSt 05/26/27 101.77 2,686,648.80 41,078.40 43,110.75 DTD 05/30/2024 5.504% 05/26/2028

1.88 4.78
Security Type Sub-Total 9,635,000.00 9,766,926.82 139,711.37 133,705.79 1.40 4.61 Asset-Backed Security
CCCIT 2023-A1 A1 17305EGW9 835,000.00 Citigrou 100.33 837,751.33 2,856.04 2,819.48 DTD 12/11/2023 5.230% 12/08/2027

0.50 4.58
KCOT 2023-2A A3 500945AC4 890,000.00 JPMorgan 100.77 896,814.73 7,039.54 6,946.80 DTD 07/26/2023 5.280% 01/18/2028

0.95 4.54
BAAT 2023-1A A3 06428AAC2 1,226,939.74 BOFAML 100.64 1,234,841.23 7,947.99 7,929.21 DTD 07/31/2023 5.530% 02/15/2028

0.73 4.71
HAROT 2023-3 A3 43815QAC1 2,070,293.81 BOFAML 100.61 2,082,945.37 13,078.45 12,909.65 DTD 08/22/2023 5.410% 02/18/2028

0.73 4.63
TAOT 2023-C A3 89231FAD2 690,000.00 BNPPSA 100.51 693,523.14 3,679.22 3,619.27 DTD 08/15/2023 5.160% 04/17/2028

0.79 4.57
USAOT 2023-A A3 90291VAC4 2,520,284.91 JPMorgan 100.52 2,533,460.96 13,617.09 13,463.82 DTD 09/15/2023 5.580% 05/15/2028

0.64 4.83
BAAT 2023-2A A3 06054YAC1 2,925,000.00 BOFAML 100.96 2,953,044.90 28,097.84 28,077.46 DTD 11/21/2023 5.740% 06/15/2028

0.84 4.68
TAOT 2023-D A3 89239FAD4 765,000.00 JPMorgan 101.09 773,375.99 8,458.46 8,432.04 DTD 11/14/2023 5.540% 08/15/2028

1.03 4.56
FITAT 2023-1 A3 31680EAD3 2,379,485.30 JPMorgan 100.70 2,396,146.46 16,808.69 16,756.17 DTD 08/23/2023 5.530% 08/15/2028

0.81 4.73
PFM Asset Management, a division of Account 57710050 Page 23 U.S. Bancorp Asset Management, Inc.
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Managed Account Fair Market Value & Analytics For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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
CHAIT 2023-A1 A 161571HT4 3,020,000.00 JPMorgan 100.97 3,049,290.98 30,128.12 29,865.31 DTD 09/15/2023 5.160% 09/15/2028

1.23 4.44
AMXCA 2023-3 A 02582JKD1 3,090,000.00 Citigrou 101.05 3,122,339.94 32,478.06 32,433.12 DTD 09/19/2023 5.230% 09/15/2028

1.23 4.45
HART 2023-C A3 44918CAD4 1,130,000.00 BNPPSA 101.15 1,142,946.41 13,095.00 13,050.54 DTD 11/13/2023 5.540% 10/16/2028

0.98 4.45
BACCT 2023-A2 A2 05522RDH8 1,365,000.00 BOFAML 100.92 1,377,514.32 12,697.64 12,644.06 DTD 12/14/2023 4.980% 11/15/2028

1.38 4.39
GMCAR 2024-1 A3 36268GAD7 365,000.00 Barclays 100.46 366,683.38 1,756.78 1,737.99 DTD 01/17/2024 4.850% 12/18/2028

1.00 4.46
CHAIT 2024-A1 A 161571HV9 3,390,000.00 JPMorgan 100.48 3,406,268.61 16,784.91 16,652.75 DTD 01/31/2024 4.600% 01/16/2029

1.54 4.35
KCOT 2025-1A A3 50117FAC5 1,550,000.00 JPMorgan 100.61 1,559,405.40 9,458.56 9,450.96 DTD 02/19/2025 4.670% 06/15/2029

2.40 4.49
HART 2025-A A3 44935CAD3 2,525,000.00 Barclays 99.96 2,523,891.53 (736.03) (756.97) DTD 03/12/2025 4.320% 10/15/2029

1.97 4.40
GMCAR 2025-2 A3 362549AD9 680,000.00 TD Secur 100.08 680,558.28 658.38 656.85 DTD 05/14/2025 4.280% 04/16/2030

2.16 4.39
Security Type Sub-Total 31,417,003.76 31,630,802.96 217,904.74 216,688.51 1.19 4.54 Managed Account Sub-Total 413,556,605.02 411,526,616.64 5,234,786.30 579,847.87 2.44 4.19 Total Investments $413,890,385.68
$2,363,769.04
$411,526,616.64
Accrued Interest
Securities Sub-Total $413,556,605.02 $5,234,786.30 $579,847.87 2.44 4.19% PFM Asset Management, a division of Account 57710050 Page 24 U.S. Bancorp Asset Management, Inc.
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Managed Account Security Transactions & Interest For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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
05/02/25 WALMART INC (CALLABLE)
DTD 04/28/2025 4.350% 04/28/2030
05/01/25 931142FN8 3,500,000.00 (3,531,465.00) (1,691.67) (3,533,156.67) 05/07/25 BANK OF NEW YORK MELLON
(CALLABLE)
DTD 04/22/2025 4.729% 04/20/2029
05/06/25 06405LAH4 2,700,000.00 (2,727,216.00) (5,320.13) (2,732,536.13) 05/14/25 GMCAR 2025-2 A3
DTD 05/14/2025 4.280% 04/16/2030
05/06/25 362549AD9 680,000.00 (679,899.90) 0.00 (679,899.90) 05/15/25 TREASURY BILL
DTD 02/04/2025 0.000% 06/03/2025
05/14/25 912797PL5 900,000.00 (897,994.55) 0.00 (897,994.55) 05/22/25 GOLDMAN SACHS BANK USA
(CALLABLE)
DTD 05/21/2024 5.414% 05/21/2027
05/21/25 38151LAG5 3,000,000.00 (3,018,870.00) (451.17) (3,019,321.17) Transaction Type Sub-Total 10,780,000.00 (10,855,445.45) (7,462.97) (10,862,908.42)

INTEREST
05/01/25 MONEY MARKET FUND
DTD 01/01/2010 0.000% --
05/01/25 MONEY0002 0.00 1,653.24 1,653.24
05/25/25 FHMS K518 A2
DTD 03/01/2024 5.400% 01/01/2029
05/01/25 3137HC2L5 0.00 12,217.50 12,217.50
05/25/25 FHMS K520 A2
DTD 04/01/2024 5.180% 03/01/2029
05/01/25 3137HCKV3 0.00 9,172.92 9,172.92
05/25/25 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
05/01/25 3137HB3G7 0.00 8,606.25 8,606.25
05/25/25 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
05/01/25 3137HDJJ0 0.00 15,409.63 15,409.63
05/25/25 FHMS K512 A2
DTD 12/01/2023 5.000% 11/01/2028
05/01/25 3137HBCF9 0.00 8,062.50 8,062.50
05/25/25 FHMS K513 A2
DTD 01/01/2024 4.724% 12/01/2028
05/01/25 3137HBFY5 0.00 8,621.30 8,621.30
05/25/25 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
05/01/25 3137BTUM1 0.00 6,674.78 6,674.78
05/25/25 FHMS K530 A2
DTD 11/01/2024 4.792% 09/01/2029
05/01/25 3137HHJL6 0.00 15,893.47 15,893.47
PFM Asset Management, a division of Account 57710050 Page 25 U.S. Bancorp Asset Management, Inc.
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Managed Account Security Transactions & Interest For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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
05/25/25 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
05/01/25 3137HBLV4 0.00 8,458.20 8,458.20
05/25/25 FHMS K517 A2
DTD 03/01/2024 5.355% 01/01/2029
05/01/25 3137HC2C5 0.00 14,971.69 14,971.69
05/25/25 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
05/01/25 3137HDXL9 0.00 13,250.42 13,250.42
05/25/25 FHMS K516 A2
DTD 03/01/2024 5.477% 01/01/2029
05/01/25 3137HBPM0 0.00 17,115.63 17,115.63
05/25/25 FHMS K506 A1
DTD 09/01/2023 4.650% 05/01/2028
05/01/25 3137HAMG8 0.00 7,244.21 7,244.21
05/25/25 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
05/01/25 3137BXQY1 0.00 10,746.67 10,746.67
05/25/25 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
05/01/25 3137HAD45 0.00 11,051.78 11,051.78
05/25/25 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
05/01/25 3137HAMH6 0.00 14,725.00 14,725.00
05/25/25 FNA 2023-M6 A2
DTD 07/01/2023 4.182% 07/01/2028
05/01/25 3136BQDE6 0.00 11,649.74 11,649.74
05/25/25 FHMS K066 A2
DTD 08/01/2017 3.117% 06/01/2027
05/01/25 3137F2LJ3 0.00 9,169.18 9,169.18
05/25/25 FHMS K507 A1
DTD 09/01/2023 4.800% 04/01/2028
05/01/25 3137HAMR4 0.00 13,867.48 13,867.48
05/25/25 FHMS K515 A2
DTD 02/01/2024 5.400% 01/01/2029
05/01/25 3137HBPD0 0.00 16,875.00 16,875.00
05/25/25 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
05/01/25 3137HAMS2 0.00 15,200.00 15,200.00
05/25/25 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
05/01/25 3137HAQ74 0.00 15,207.50 15,207.50
05/25/25 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
05/01/25 3137HAST4 0.00 11,680.42 11,680.42
05/25/25 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
05/01/25 3137HB3D4 0.00 6,188.40 6,188.40
05/25/25 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
05/01/25 3137HACX2 0.00 14,055.42 14,055.42
PFM Asset Management, a division of Account 57710050 Page 26 U.S. Bancorp Asset Management, Inc.
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Managed Account Security Transactions & Interest For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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
05/25/25 FHMS KJ47 A1
DTD 09/01/2023 5.272% 08/01/2028
05/01/25 3137HAMN3 0.00 8,811.39 8,811.39
05/25/25 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
05/01/25 3137F1G44 0.00 6,148.19 6,148.19
05/25/25 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
05/01/25 3137HDV56 0.00 12,763.67 12,763.67
05/10/25 APPLE INC (CALLABLE)
DTD 05/10/2023 4.000% 05/10/2028
05/10/25 037833ET3 0.00 104,000.00 104,000.00
05/13/25 BRISTOL-MYERS SQUIBB CO
(CALLABLE)
DTD 11/13/2020 0.750% 11/13/2025
05/13/25 110122DN5 0.00 8,362.50 8,362.50
05/15/25 BAAT 2023-2A A3
DTD 11/21/2023 5.740% 06/15/2028
05/15/25 06054YAC1 0.00 13,991.25 13,991.25
05/15/25 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
05/15/25 02582JKD1 0.00 13,467.25 13,467.25
05/15/25 KCOT 2023-2A A3
DTD 07/26/2023 5.280% 01/18/2028
05/15/25 500945AC4 0.00 3,916.00 3,916.00
05/15/25 US TREASURY N/B
DTD 11/15/2016 2.000% 11/15/2026
05/15/25 912828U24 0.00 45,450.00 45,450.00
05/15/25 USAOT 2023-A A3
DTD 09/15/2023 5.580% 05/15/2028
05/15/25 90291VAC4 0.00 12,687.79 12,687.79
05/15/25 TAOT 2023-D A3
DTD 11/14/2023 5.540% 08/15/2028
05/15/25 89239FAD4 0.00 3,531.75 3,531.75
05/15/25 HART 2025-A A3
DTD 03/12/2025 4.320% 10/15/2029
05/15/25 44935CAD3 0.00 9,090.00 9,090.00
05/15/25 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
05/15/25 05522RDH8 0.00 5,664.75 5,664.75
05/15/25 CHAIT 2024-A1 A
DTD 01/31/2024 4.600% 01/16/2029
05/15/25 161571HV9 0.00 12,995.00 12,995.00
05/15/25 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
05/15/25 31680EAD3 0.00 11,175.21 11,175.21
05/15/25 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
05/15/25 161571HT4 0.00 12,986.00 12,986.00
PFM Asset Management, a division of Account 57710050 Page 27 U.S. Bancorp Asset Management, Inc.
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Managed Account Security Transactions & Interest For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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
05/15/25 BAAT 2023-1A A3
DTD 07/31/2023 5.530% 02/15/2028
05/15/25 06428AAC2 0.00 6,062.21 6,062.21
05/15/25 HART 2023-C A3
DTD 11/13/2023 5.540% 10/16/2028
05/15/25 44918CAD4 0.00 5,216.83 5,216.83
05/15/25 UNIV OF CALIFORNIA-BG (CALLABLE)
DTD 07/16/2020 0.883% 05/15/2025
05/15/25 91412HGE7 0.00 3,222.95 3,222.95
05/15/25 TAOT 2023-C A3
DTD 08/15/2023 5.160% 04/17/2028
05/15/25 89231FAD2 0.00 2,967.00 2,967.00
05/15/25 KCOT 2025-1A A3
DTD 02/19/2025 4.670% 06/15/2029
05/15/25 50117FAC5 0.00 6,032.08 6,032.08
05/16/25 GMCAR 2024-1 A3
DTD 01/17/2024 4.850% 12/18/2028
05/16/25 36268GAD7 0.00 1,475.21 1,475.21
05/18/25 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
05/18/25 43815QAC1 0.00 10,008.50 10,008.50
05/21/25 MASTERCARD INC (CALLABLE)
DTD 11/21/2016 2.950% 11/21/2026
05/21/25 57636QAG9 0.00 37,760.00 37,760.00
05/26/25 MORGAN STANLEY BANK NA
(CALLABLE)
DTD 05/30/2024 5.504% 05/26/2028
05/26/25 61690U8B9 0.00 110,080.00 110,080.00
05/31/25 US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
05/31/25 91282CKT7 0.00 126,450.00 126,450.00
05/31/25 US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
05/31/25 91282CCF6 0.00 40,575.00 40,575.00
05/31/25 US TREASURY N/B
DTD 12/02/2024 4.125% 11/30/2029
05/31/25 91282CMA6 0.00 130,246.88 130,246.88
Transaction Type Sub-Total 0.00 1,062,905.74 1,062,905.74

MATURITY
05/15/25 UNIV OF CALIFORNIA-BG (CALLABLE)
DTD 07/16/2020 0.883% 05/15/2025
05/15/25 91412HGE7 510,000.00 510,000.00 0.00 510,000.00 0.00 0.00 05/15/25 UNIV OF CALIFORNIA-BG (CALLABLE)
DTD 07/16/2020 0.883% 05/15/2025
05/15/25 91412HGE7 220,000.00 220,000.00 0.00 220,000.00 (796.40) 0.00 Transaction Type Sub-Total 730,000.00 730,000.00 0.00 730,000.00 (796.40) 0.00 PFM Asset Management, a division of Account 57710050 Page 28 U.S. Bancorp Asset Management, Inc.
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Managed Account Security Transactions & Interest For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
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
05/25/25 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
05/01/25 3137BTUM1 5,135.22 5,135.22 0.00 5,135.22 158.07 70.70 05/25/25 FHMS KJ47 A1
DTD 09/01/2023 5.272% 08/01/2028
05/01/25 3137HAMN3 5,771.05 5,771.05 0.00 5,771.05 0.03 0.02 05/25/25 FHMS K507 A1
DTD 09/01/2023 4.800% 04/01/2028
05/01/25 3137HAMR4 19,419.74 19,419.74 0.00 19,419.74 304.76 210.58 05/25/25 FNA 2023-M6 A2
DTD 07/01/2023 4.182% 07/01/2028
05/01/25 3136BQDE6 19.95 19.95 0.00 19.95 0.34 0.22
05/25/25 FHMS K506 A1
DTD 09/01/2023 4.650% 05/01/2028
05/01/25 3137HAMG8 1,773.99 1,773.99 0.00 1,773.99 26.53 18.05 05/25/25 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
05/01/25 3137HAD45 2,806.68 2,806.68 0.00 2,806.68 0.07 0.04 05/15/25 BAAT 2023-1A A3
DTD 07/31/2023 5.530% 02/15/2028
05/15/25 06428AAC2 88,548.06 88,548.06 0.00 88,548.06 3.35 2.03 05/15/25 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
05/15/25 31680EAD3 45,514.70 45,514.70 0.00 45,514.70 2.82 1.84 05/15/25 USAOT 2023-A A3
DTD 09/15/2023 5.580% 05/15/2028
05/15/25 90291VAC4 208,272.73 208,272.73 0.00 208,272.73 36.45 24.11 05/18/25 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
05/18/25 43815QAC1 149,706.19 149,706.19 0.00 149,706.19 30.87 18.91 Transaction Type Sub-Total 526,968.31 526,968.31 0.00 526,968.31 563.29 346.50 SELL
05/02/25 US TREASURY N/B
DTD 03/31/2025 4.000% 03/31/2030
05/01/25 91282CMU2 2,100,000.00 2,120,343.75 7,344.26 2,127,688.01 9,843.75 9,993.51 FIFO 05/07/25 US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
05/06/25 91282CGP0 1,120,000.00 1,126,737.50 8,278.26 1,135,015.76 21,393.75 15,011.32 FIFO 05/07/25 US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
05/06/25 91282CGP0 1,580,000.00 1,589,504.69 11,678.26 1,601,182.95 27,032.81 19,405.19 FIFO 05/14/25 US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
05/12/25 91282CBH3 415,000.00 403,846.88 442.80 404,289.68 12,125.79 (6,926.46) FIFO 05/22/25 US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
05/21/25 91282CBH3 3,115,000.00 3,033,109.57 3,581.82 3,036,691.39 92,841.60 (51,133.72) FIFO PFM Asset Management, a division of Account 57710050 Page 29 U.S. Bancorp Asset Management, Inc.
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Managed Account Security Transactions & Interest For the Month Ending May 31, 2025 CITY OF MODESTO - 57710050
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
Transaction Type Sub-Total 8,330,000.00 8,273,542.39 31,325.40 8,304,867.79 163,237.70 (13,650.16) Managed Account Sub-Total (1,324,934.75) 1,086,768.17 (238,166.58) 163,004.59 (13,303.66) Total Security Transactions ($1,324,934.75) $1,086,768.17 ($238,166.58) $163,004.59 ($13,303.66) PFM Asset Management, a division of Account 57710050 Page 30 U.S. Bancorp Asset Management, Inc.
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Managed Account Summary Statement For the Month Ending May 31, 2025 CITY OF MODESTO SHORT-TERM - 57710062
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)
$32,907,380.23
(11,015,000.00)

0.00 11,029,141.99

0.00 5,070.31
$32,926,592.53
117,034.38

0.00 320,553.71
$437,588.09
Total
32,935,133.33
272,571.01

0.00 11,015,000.00
117,034.38
(11,029,141.99)
(32,900,814.33)
(285,267.73)
Total Accrual Basis Earnings $124,514.67
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
11,015,000.00

0.00 117,034.38

0.00 (11,029,141.99)
(102,892.39)

0.00 Cash Balance
Closing Cash Balance $0.00
PFM Asset Management, a division of Account 57710062 Page 1 U.S. Bancorp Asset Management, Inc.
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Portfolio Summary and Statistics For the Month Ending May 31, 2025 CITY OF MODESTO SHORT-TERM - 57710062
Account Summary
Description Par Value Market Value Percent
U.S. Treasury Bond / Note 33,005,000.00 32,926,592.53 100.00 Managed Account Sub-Total 33,005,000.00 32,926,592.53 100.00% Accrued Interest 272,571.01
Total Portfolio 33,005,000.00 33,199,163.54
Unsettled Trades 0.00 0.00
Sector Allocation
100.00%
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

66.51%

33.49%

0.00% 0.00% 0.00% 0.00% 0.00%
Maturity Distribution Characteristics
Yield to Maturity at Cost
Yield to Maturity at Market
Weighted Average Days to Maturity 173

4.31%

4.27%
PFM Asset Management, a division of Account 57710062 Page 2 U.S. Bancorp Asset Management, Inc.
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Managed Account Issuer Summary For the Month Ending May 31, 2025 CITY OF MODESTO SHORT-TERM - 57710062
Credit Quality (S&P Ratings)
100.00%
AA+
Issuer Summary
Issuer of Holdings Percent
Market Value
United States Treasury 32,926,592.53 100.00
Total $32,926,592.53 100.00%
PFM Asset Management, a division of Account 57710062 Page 3 U.S. Bancorp Asset Management, Inc.
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Managed Account Detail of Securities Held For the Month Ending May 31, 2025 CITY OF MODESTO SHORT-TERM - 57710062
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 07/31/2023 4.750% 07/31/2025
91282CHN4 10,805,000.00 AA+ Aa1 07/30/24 07/31/24 10,799,091.02 4.81 171,551.76 10,804,010.15 10,811,612.66

US TREASURY N/B
DTD 09/15/2022 3.500% 09/15/2025
91282CFK2 11,115,000.00 AA+ Aa1 09/16/24 09/16/24 11,061,595.90 4.00 82,456.39 11,099,424.85 11,086,923.51

US TREASURY N/B
DTD 05/15/2023 3.625% 05/15/2026
91282CHB0 11,085,000.00 AA+ Aa1 05/14/25 05/15/25 11,029,141.99 4.14 18,562.86 11,031,698.33 11,028,056.36 Security Type Sub-Total 33,005,000.00 32,889,828.91 4.31 272,571.01 32,935,133.33 32,926,592.53 Managed Account Sub-Total 33,005,000.00 32,889,828.91 4.31 272,571.01 32,935,133.33 32,926,592.53 $33,005,000.00 $32,889,828.91 4.31% $272,571.01 $32,935,133.33 $32,926,592.53 $33,199,163.54
$272,571.01
Total Investments
Accrued Interest
Securities Sub-Total
PFM Asset Management, a division of Account 57710062 Page 4 U.S. Bancorp Asset Management, Inc.
#8..
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Managed Account Fair Market Value & Analytics For the Month Ending May 31, 2025 CITY OF MODESTO SHORT-TERM - 57710062
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 91282CHN4 10,805,000.00 WellsFar 100.06 10,811,612.66 12,521.64 7,602.51 DTD 07/31/2023 4.750% 07/31/2025

0.17 4.27
US TREASURY N/B 91282CFK2 11,115,000.00 Nomura 99.75 11,086,923.51 25,327.61 (12,501.34) DTD 09/15/2022 3.500% 09/15/2025

0.29 4.34
US TREASURY N/B 91282CHB0 11,085,000.00 MorganSt 99.49 11,028,056.36 (1,085.63) (3,641.97) DTD 05/15/2023 3.625% 05/15/2026

0.93 4.19
Security Type Sub-Total 33,005,000.00 32,926,592.53 36,763.62 (8,540.80) 0.46 4.27 Managed Account Sub-Total 33,005,000.00 32,926,592.53 36,763.62 (8,540.80) 0.46 4.27 Total Investments $33,199,163.54
$272,571.01
$32,926,592.53
Accrued Interest
Securities Sub-Total $33,005,000.00 $36,763.62 ($8,540.80) 0.47 4.27% PFM Asset Management, a division of Account 57710062 Page 5 U.S. Bancorp Asset Management, Inc.
#8..
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Managed Account Security Transactions & Interest For the Month Ending May 31, 2025 CITY OF MODESTO SHORT-TERM - 57710062
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
05/15/25 US TREASURY N/B
DTD 05/15/2023 3.625% 05/15/2026
05/14/25 91282CHB0 11,085,000.00 (11,029,141.99) 0.00 (11,029,141.99) Transaction Type Sub-Total 11,085,000.00 (11,029,141.99) 0.00 (11,029,141.99)

INTEREST
05/15/25 US TREASURY N/B
DTD 05/15/2015 2.125% 05/15/2025
05/15/25 912828XB1 0.00 117,034.38 117,034.38
Transaction Type Sub-Total 0.00 117,034.38 117,034.38

MATURITY
05/15/25 US TREASURY N/B
DTD 05/15/2015 2.125% 05/15/2025
05/15/25 912828XB1 11,015,000.00 11,015,000.00 0.00 11,015,000.00 320,553.71 0.00 Transaction Type Sub-Total 11,015,000.00 11,015,000.00 0.00 11,015,000.00 320,553.71 0.00 Managed Account Sub-Total (14,141.99) 117,034.38 102,892.39 320,553.71 0.00 Total Security Transactions ($14,141.99) $117,034.38 $102,892.39 $320,553.71 $0.00 PFM Asset Management, a division of Account 57710062 Page 6 U.S. Bancorp Asset Management, Inc.
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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
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% 12/31/2024 3.84% 28,695,113.02 4.73% 405,389,405.62 3.71% 32,773,649.87 4.65% 1/31/2025 3.92% 28,806,032.00 4.55% 405,929,868.49 3.82% 32,806,480.28 4.65% 2/28/2025 3.96% 28,905,743.58 4.51% 407,804,449.58 3.87% 32,836,151.16 4.65% 3/31/2025 4.09% 44,039,271.43 4.47% 408,339,752.77 4.00% 32,869,009.39 4.65% 4/30/2025 4.09% 44,200,320.85 4.45% 409,488,391.09 4.01% 32,900,814.33 4.65% 5/31/2025 4.11% 79,438,306.43 4.42% 410,946,768.77 4.04% 32,935,133.33 4.31% 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. #8..

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 CMBS
FHLMC 2,387,973 11/1/2026 4.330% 1 145,694 4.29% 8,422
FHLMC 4,000,000 3/1/2027 4.320% 2 345,823 4.94% 16,236
FHLMC 2,275,000 4/1/2027 4.280% 2 206,079 4.93% 9,227
FHLMC 3,530,000 6/1/2027 4.270% 2 351,165 4.97% 14,412
FHLMC 3,447,450 4/1/2028 4.260% 3 507,954 5.19% 14,709
FHLMC 1,867,700 5/1/2028 4.280% 3 273,101 5.01% 7,686
FHLMC 3,500,000 6/1/2028 4.300% 3 483,125 4.59% 13,212
FHLMC 2,773,442 6/1/2028 4.430% 3 398,230 4.78% 10,891
FNMA 3,343,181 7/1/2028 4.320% 3 472,333 4.58% 12,573
FHLMC 3,800,000 8/1/2028 4.310% 3 601,215 4.99% 15,576
FHLMC 3,850,000 8/1/2028 4.310% 3 641,470 5.25% 16,618
FHLMC 1,999,856 8/1/2028 4.430% 3 334,495 5.27% 8,666
FHLMC 2,890,000 9/1/2028 4.290% 3 527,623 5.60% 13,313
FHLMC 3,800,000 9/1/2028 4.260% 3 628,178 5.07% 15,850
FHLMC 1,465,000 10/1/2028 4.330% 3 251,250 5.14% 6,183
FHLMC 2,125,000 10/1/2028 4.330% 3 349,594 4.93% 8,604
FHLMC 1,935,000 11/1/2028 4.320% 3 317,247 4.79% 7,614
FHLMC 2,190,000 12/1/2028 4.330% 4 345,485 4.50% 8,097
FHLMC 2,220,000 12/1/2028 4.330% 4 338,259 4.34% 7,928
FHLMC 3,750,000 1/1/2029 4.360% 4 645,025 4.79% 14,760
FHLMC 2,715,000 1/1/2029 4.330% 4 471,094 4.83% 10,780
FHLMC 3,355,000 1/1/2029 4.300% 4 562,357 4.67% 12,869
FHLMC 3,750,000 1/1/2029 4.310% 4 644,716 4.79% 14,753
FHLMC 2,125,000 3/1/2029 4.370% 4 405,589 5.09% 8,882
FHLMC 3,850,000 5/1/2029 4.350% 4 724,970 4.80% 15,199
FHLMC 3,245,000 5/1/2029 4.360% 4 582,205 4.58% 12,206
FHLMC 3,500,000 7/1/2029 4.350% 4 619,916 4.33% 12,465
FHLMC 3,980,000 9/1/2029 4.370% 4 791,280 4.67% 15,276
U.S. Treasury
U.S. Treasury 900,000 6/3/2025 4.251% 0 312 3.90% 2,882 U.S. Treasury 10,805,000 7/31/2025 4.270% 0 86,796 4.81% 42,687 U.S. Treasury 11,115,000 9/15/2025 4.339% 0 130,208 4.00% 36,507 U.S. Treasury 595,000 1/31/2026 4.302% 1 7,405 1.85% 907 U.S. Treasury 7,980,000 1/31/2026 4.302% 1 158,010 2.95% 19,348 U.S. Treasury 6,000,000 2/28/2026 4.121% 1 51,819 1.15% 5,694 U.S. Treasury 4,645,000 2/28/2026 4.121% 1 95,819 2.76% 10,530 U.S. Treasury 3,210,000 2/28/2026 4.103% 1 16,862 0.70% 1,853 U.S. Treasury 4,925,000 3/31/2026 4.158% 1 35,666 0.87% 3,520 U.S. Treasury 2,480,000 3/31/2026 4.158% 1 15,671 0.76% 1,547 U.S. Treasury 11,085,000 5/15/2026 4.190% 1 439,290 4.14% 37,761 U.S. Treasury 1,405,000 5/31/2026 4.158% 1 12,200 0.87% 1,003 U.S. Treasury 4,615,000 5/31/2026 4.158% 1 127,420 2.76% 10,473 U.S. Treasury 4,800,000 5/31/2026 4.158% 1 143,635 2.99% 11,806 U.S. Treasury 4,640,000 8/31/2026 4.130% 1 159,768 2.75% 10,488 U.S. Treasury 4,310,000 9/30/2026 4.100% 1 159,171 2.77% 9,805 U.S. Treasury 4,545,000 11/15/2026 4.080% 1 199,692 3.01% 11,240 U.S. Treasury 9,220,000 2/15/2027 4.010% 2 450,343 2.85% 21,616 U.S. Treasury 910,000 3/31/2027 3.980% 2 67,292 4.03% 3,018 U.S. Treasury 6,480,000 4/30/2027 3.970% 2 362,113 2.92% 15,541 U.S. Treasury 5,545,000 6/30/2027 3.950% 2 345,507 2.99% 13,638 U.S. Treasury 1,200,000 8/15/2027 3.930% 2 87,538 3.30% 3,258 U.S. Treasury 2,985,000 8/15/2027 3.930% 2 224,125 3.40% 8,342 U.S. Treasury 5,380,000 9/30/2027 3.910% 2 536,614 4.27% 18,895 U.S. Treasury 8,775,000 10/31/2027 3.940% 2 830,260 3.91% 28,208 U.S. Treasury 2,715,000 10/31/2027 3.930% 2 250,250 3.81% 8,502 U.S. Treasury 3,160,000 10/31/2027 3.930% 2 277,361 3.63% 9,423 U.S. Treasury 4,250,000 12/31/2027 3.910% 3 415,346 3.78% 13,200 U.S. Treasury 2,220,000 1/31/2028 3.920% 3 208,581 3.52% 6,418 U.S. Treasury 3,450,000 1/31/2028 3.930% 3 337,481 3.66% 10,384 U.S. Treasury 1,245,000 2/29/2028 3.910% 3 145,522 4.25% 4,348 U.S. Treasury 2,555,000 3/31/2028 3.920% 3 252,959 3.49% 7,332 U.S. Treasury 2,675,000 3/31/2028 3.900% 3 276,718 3.65% 8,021 U.S. Treasury 2,810,000 4/30/2028 3.920% 3 295,362 3.60% 8,320 U.S. Treasury 6,530,000 4/30/2028 3.920% 3 647,717 3.40% 18,246 U.S. Treasury 3,450,000 3/31/2029 3.950% 4 578,885 4.37% 12,405 U.S. Treasury 5,190,000 4/30/2029 3.960% 4 929,787 4.57% 19,506 U.S. Treasury 4,430,000 4/30/2029 3.960% 4 668,115 3.85% 14,016 U.S. Treasury 4,190,000 5/31/2029 3.970% 4 723,404 4.31% 14,854 U.S. Treasury 1,430,000 5/31/2029 3.970% 4 245,882 4.30% 5,049 U.S. Treasury 2,920,000 6/30/2029 3.970% 4 528,136 4.43% 10,626 U.S. Treasury 2,105,000 7/31/2029 3.970% 4 337,550 3.85% 6,653 U.S. Treasury 7,550,000 8/31/2029 3.980% 4 1,149,739 3.58% 22,210 U.S. Treasury 8,695,000 9/30/2029 3.980% 4 1,343,535 3.56% 25,462 U.S. Treasury 4,850,000 10/31/2029 3.980% 4 896,455 4.18% 16,663 U.S. Treasury 6,315,000 11/30/2029 3.980% 5 1,161,801 4.08% 21,201 U.S. Treasury 12,365,000 12/31/2029 4.000% 5 2,510,956 4.43% 44,972 U.S. Treasury 3,470,000 1/31/2030 4.000% 5 702,820 4.33% 12,359 U.S. Treasury 8,565,000 2/28/2030 3.990% 5 1,610,861 3.96% 27,870 U.S. Treasury 10,775,000 3/31/2030 4.000% 5 2,026,211 3.89% 34,440 Earnings to
Maturity
May 31, 2025
#8..

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
May 31, 2025
Negotiable CD
Rabobank Nederland 3,500,000 7/17/2026 3.960% 1 200,695 5.08% 14,614 Corporate Note
Bristol-Myers Squibb Co 2,230,000 11/13/2025 4.540% 0 9,635 0.95% 1,741 The Bank Of New York Mellon Corporation 3,465,000 1/28/2026 4.323% 1 17,115 0.75% 2,122 Wells Fargo & Company 5,635,000 8/7/2026 4.490% 1 370,145 5.54% 25,645 Microsoft Corp 3,000,000 8/8/2026 4.130% 1 76,276 2.14% 5,273 Bank Of America Co 3,750,000 8/18/2026 4.430% 1 252,209 5.53% 17,041 Mastercard Inc 2,560,000 11/21/2026 4.200% 1 163,645 4.33% 9,108 JPMorgan Chase & Co 3,500,000 12/8/2026 4.370% 2 272,440 5.11% 14,700 JPMorgan Chase & Co 850,000 12/8/2026 4.370% 2 66,665 5.15% 3,597 Target Corp 365,000 1/15/2027 4.170% 2 11,797 1.99% 596 Microsoft Corp 3,000,000 2/6/2027 4.040% 2 205,401 4.06% 10,003 Goldman Sachs Group Inc 3,000,000 5/21/2027 4.920% 2 300,548 5.08% 12,523 Home Depot Inc 3,610,000 9/14/2027 4.180% 2 343,791 4.16% 12,337 JPMorgan Chase & Co 1,535,000 2/24/2028 4.930% 3 215,546 5.13% 6,473 Wal-Mart Stores Inc 1,220,000 4/15/2028 4.030% 3 138,622 3.95% 3,961 Apple Inc 5,200,000 5/10/2028 4.000% 3 601,806 3.93% 16,795 Morgan Stanley 1,360,000 5/26/2028 4.780% 3 223,743 5.50% 6,152 Morgan Stanley 2,640,000 5/26/2028 4.780% 3 429,969 5.45% 11,823 Deere & Company 1,165,000 7/14/2028 4.250% 3 181,349 4.98% 4,772 Deere & Company 495,000 7/14/2028 4.250% 3 71,767 4.64% 1,889 Deere & Company 895,000 7/14/2028 4.250% 3 132,192 4.73% 3,479 Paccar Financial Corp 1,130,000 8/10/2028 4.280% 3 184,038 5.09% 4,731 Toyota Motor Corp 2,800,000 9/11/2028 4.390% 3 486,564 5.29% 12,174 Citigroup Inc 5,650,000 9/29/2028 4.510% 3 1,093,198 5.80% 26,948 Bank Of America Co 2,060,000 1/24/2029 4.750% 4 350,575 4.66% 7,884 State Street Corporation 1,900,000 2/20/2029 4.670% 4 320,935 4.53% 7,074 Blackrock Inc. 365,000 3/14/2029 4.250% 4 65,568 4.74% 1,422 Adobe 1,580,000 4/4/2029 4.240% 4 293,785 4.83% 6,277
Adobe 1,295,000 4/4/2029 4.240% 4 237,604 4.77% 5,077
The Bank Of New York Mellon Corporation 2,700,000 4/20/2029 4.690% 4 467,181 4.45% 9,870 Pepsico Inc 1,935,000 7/17/2029 4.280% 4 362,541 4.53% 7,212 Eli Lilly & Co 660,000 8/14/2029 4.280% 4 118,013 4.25% 2,305 Eli Lilly & Co 2,290,000 8/14/2029 4.280% 4 401,595 4.17% 7,844 Pepsico Inc 730,000 2/7/2030 4.380% 5 158,898 4.64% 2,783 Wal-Mart Stores Inc 1,140,000 4/28/2030 4.310% 5 245,781 4.39% 4,112 Wal-Mart Stores Inc 3,500,000 4/28/2030 4.310% 5 713,258 4.15% 11,934 Asset-Backed Securities
Citigroup Inc 835,000 12/8/2027 4.580% 3 110,269 5.23% 3,592 Kubota Credit Owners Trust 890,000 1/18/2028 4.540% 3 124,001 5.29% 3,867 Bank of America Auto Trust 1,226,940 2/15/2028 4.710% 3 184,064 5.53% 5,578 Honda Auto Receivables 2,070,294 2/18/2028 4.630% 3 305,002 5.42% 9,215 Toyota Motor Corp 690,000 4/17/2028 4.570% 3 102,725 5.17% 2,929 USAA Owners Trust 2,520,285 5/15/2028 4.830% 3 416,430 5.58% 11,567 Bank of America Auto Trust 2,925,000 6/15/2028 4.680% 3 511,080 5.74% 13,801 Fifth Third Auto Trust 2,379,485 8/15/2028 4.730% 3 422,623 5.53% 10,818 Toyota Motor Corp 765,000 8/15/2028 4.560% 3 136,145 5.54% 3,485 American Express Co 3,090,000 9/15/2028 4.450% 3 532,741 5.23% 13,285 Chase Issurance 3,020,000 9/15/2028 4.440% 3 514,232 5.17% 12,824 Hyundai Auto Receivables 1,130,000 10/16/2028 4.450% 3 211,761 5.54% 5,148 Bank Of America Co 1,365,000 11/15/2028 4.390% 3 235,547 4.98% 5,591 Gm Financial Securitized Term 365,000 12/18/2028 4.460% 4 62,963 4.85% 1,456 Chase Issurance 3,390,000 1/16/2029 4.350% 4 566,930 4.60% 12,826 Kubota Credit Owners Trust 1,550,000 6/15/2029 4.490% 4 292,769 4.67% 5,951 Hyundai Auto Receivables 2,525,000 10/15/2029 4.400% 4 477,948 4.32% 8,973 Gm Financial Securitized Term 680,000 4/16/2030 4.390% 5 142,121 4.28% 2,394 Municipal Securities
Florida State Board of Administration Finance 505,000 7/1/2025 4.760% 0 474 1.11% 459 Florida State Board of Administration Finance 1,295,000 7/1/2025 4.760% 0 1,384 1.26% 1,339 New Jersey Turnpike Authority 505,000 1/1/2026 4.390% 1 3,114 1.05% 435 Overnight Investments 79,438,306 Varies Varies 3.73% 243,638 Totals (Main Portfolio) 525,999,911 51,369,655 4.00% 1,727,512 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. #8..

Attachment 5
Issue Name / Type Trustee Bank Investment Total Amount
Instl Res Tre and Agny Cash Adv6541 $272,877.81
Financial Guaranty Insurance Pol $1.00
CAMP $2,214,292.44
Total $2,487,171.25
Instl Res Tre and Agny Cash Adv6541 $308,321.11
Letter of Credit $1.00
CAMP $5,477,885.30
Total $5,786,207.41
2018 Wastewater Refunding Bank of New York Fidelity Inv MM Trsy Only $195.48 Fairview Village Refunding US Bank First American Treasury Obligation Fund $197,980.78 Blackrock Federal Fund Instl 30 $185.42
CAMP $3,136,253.97
Total $3,136,439.39
Other Post Employment Benefits Section 115
Trust PARS HighMark Plus Moderate $1,881,097.34
Pension Section 115 Trust PARS HighMark Plus Moderately Conservative $3,067,061.54 Athens Administrators (New Third Party
Administrator - Worker's Compensation) Wells Fargo Bank $154,986.57 George Hills Company - General Liability Claims
Administration Services California Bank & Trust $89,848.67 Kemper Sports Management Inc. BMO Harris Bank Business Money Market $40,890.54 Stanislaus Community Foundation Modesto Commerce Bank Charles Schwab $809,518.06 Village One #2 Refunding Bank of New York
Cash with Fiscal Agent Investments
As of May 31, 2025
2008 Water Refunding COP Bank of New York
2008 Lease Revenue Bonds Bank of New York
#8..
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CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

August 12, 2025
Date: June 23, 2025
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: DeAnna Christensen, Director of Finance
Bill Sandhu, Public Works Director
SUBJECT: Purchase of Fleet Replacements
CONTACT: Dianne Love, Purchasing Manager, [email protected], 209-571-5164 DESCRIPTION:

Consider approving the purchase for two (2) Fleet Replacements for Fleet Vehicles which includes one (1) Rapid View IBAK F550 Truck with Camera and one (1) Vac-Con Xcavator Truck in a total amount not to exceed $1,245,632. (Funding Source: Fleet Replacement Fund) STRATEGIC PLAN ELEMENT:

This item advances the City of Modesto 2025-2026 Strategic Plan Area: Governance and Service Delivery: Goal I: “Promote trust and engagement between the community and the City by enhancing responsiveness, communicating broadly about City opportunities and challenges, and increasing public participation in municipal affairs.” BACKGROUND:

Every year, City vehicles and equipment are individually evaluated based on their age, condition, mileage and maintenance costs including the addition of new vehicles due to the operational needs for the city. Following this process, a Fleet Addition and Replacement List is submitted to City Council and is approved as part of a new fiscal year’s Public Works Fleet Budget.

Throughout the fiscal year, vehicles in the City's Fleet inventory are replaced as needed to meet the operational demands of City departments, particularly when a vehicle has reached the end of its useful life. The charts below summarize the Fleet Replacement process and provide descriptions of the purposes for each vehicle.
#9..
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City Council, August 12, 2025
Purchase of Fleet Replacements

Fleet Replacement:

IFB Vehicle
#
Description Dept. Year of
Vehicle
Meter Repair
Cost
2425-56 41032
Truck 14.5 Cube
Body with CCTV
UTL.

Wastewater 2010 59,996 $61,726
This vehicle is used for providing a non-invasive and efficient way to inspect storm and sanitary sewer systems. This truck is equipped with high-resolution camera(s) that allow for real-time capturing of video of these sewer lines and pipes. This allows Utilities staff to identify defects such as clogs, cracks, broken pipe, and other forms of damage without the need for physical access to the sewer lines. The camera truck's remote operation and advanced technology have made sewer inspections easier and safer, significantly reducing the time and cost associated with visual inspections.

IFB Vehicle
#
Description Dept. Year of
Vehicle
Meter Repair
Cost
2425-48 41530
Vac-Con Hydro
Excavator UTL. Water 2015 61,721 $259,709
This vehicle is an engineered hydro-excavation truck, also known as a hydrovac truck, utilizing a combination of pressurized water and vacuum system to excavate soil and debris used for water pipeline construction work. This unit is ideal for exposing underground utilities, potholing, and daylighting, where precision and safety are crucial.

DISCUSSION:

Sourcewell and the public agencies are cooperative agreements that assist in streamlining the procurement process by developing Request for Proposals (RFP)’s for national competitive solicitations that meet or exceed local requirements. The competitive process is continually refined to best meet agency needs and allows Sourcewell and public agencies to offer exceptional products from nationally acclaimed vendors. For the new Fleet Additions, the City has utilized cooperative agreements to meet the City’s procurement rules.

Invitation for Bid (IFB) 2425-56– One (1) Rapid View IBAK F550 Truck with Camera On July 14, 2021, the City Manager authorized the Purchasing Manager to solicit the procurement for a Rapid View IBAK F550 Truck with Camera. In accordance with the Modesto Municipal Code (MMC), 8-3.202(h), the City may utilize other government agencies competitive bidding processes to meet the City’s purchasing bidding requirements to solicit goods. On October 19, 2021, Sourcewell solicited a bid for the State of Minnesota local government unit and service cooperative issued Request for Proposal #120721 for Underground Infrastructure Inspection and Rehabilitation Equipment with Related Services on the Sourcewell Procurement Portal and New York State Contract Reporter website, Daily Journal of Commerce (DJC), and McClatchy.

On December 7, 2021, proposals were opened at the Sourcewell Procurement Portal, thirteen (13) proposals were received, and the proposals were based on the Sourcewell intent to award to one or more contract to highest scored proposers offering the best overall quality, selection of equipment, products, and services and price. Four (4) contracts were awarded for this commodity which includes Rapid View LLC as the manufacturer but procured through the dealer Municipal Maintenance Equipment (MME). Based on the ranking of the proposals offering the Underground Infrastructure Inspection and Rehabilitation Equipment, City staff recommends #9..
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City Council, August 12, 2025
Purchase of Fleet Replacements

awarding to Municipal Maintenance Equipment (MME) to purchase one (1) Rapid View IBAK F550 Truck with Camera for the amount not to exceed $367,746.

IFB-2425-48– One (1) Vac-Con Xcavator Truck
On April 16, 2024, the City Manager authorized the Purchasing Manager to solicit the procurement for one (1) Vac-Con Xcavator Truck. In accordance with the Modesto Municipal Code (MMC), 8-3.202(h), the City may utilize other government agencies competitive bidding processes to meet the City’s purchasing bidding requirements to solicit goods. On October 12, 2021, Sourcewell solicited a bid for the State of Minnesota local government unit and service cooperative issued RFP No.101221 under Contract No 101221-VAC for Sewer Vacuum, HydroExcavation, and Municipal Pumping Equipment with Related Accessories and Supplies on the Sourcewell Procurement Portal and New York State Contract Reporter website, DJC, and Oklahoman.

On October 12, 2021, proposals were opened at Sourcewell Procurement Portal. 22 proposals received and based on the Sourcewell intent to award one or more contracts to responsive and responsible proposers offering the best overall quality, selection of equipment, products, services and price. Nine (9) Contracts were awarded for this commodity which includes the Sewer Vacuum, Hydro-Excavation, and Municipal Pumping Equipment with Related Accessories and Supplies. Based on the highest scored proposer offering the Sewer Vacuum, Hydro-Excavation, and Municipal Pumping Equipment with Related Accessories and Supplies city staff recommends to award to Municipal Maintenance Equipment (MME) dealer for VacCon, Inc., for the purchase for one (1) Vac-Con Xcavator Truck, an amount not to exceed $715,412.

Modesto Municipal Code Section 8-3.203 generally requires all purchases that meet or exceed $100,000 for material, equipment or contractual services to be formally bid. However, exceptions to the formal bidding process are granted in MMC 8-3.204(d) “Where the Purchasing Manager, in her discretion, determines that a process other than the formal bid procedure set for in Section 8-3.203 will result in a procurement for the City at the lowest possible cost commensurate with the desired quality.” In addition, MMC 8-3.202(h) encourages the Purchasing Manager to join with the State of California or other units of government in cooperative purchasing plans when the best cost savings interest of the City would be served.

By utilizing Sourcewell and the public agencies bidding process, the City is complying with the requirements defined under this code as competitive pricing was solicited through the Sourcewell RFPs for the one (1) Rapid View IBAK F550 Truck with Camera and one (1) VacCon Xcavator Truck.

For all vehicles and equipment, City staff recommends applying a change order of up to 15% in case any market changes occur between the timeframe of when the order is placed with the vendor and when the production of the vehicle is completed. With current inflation, and the volatile vehicle market, City staff will ensure any price increases requested by the vendor align with the market change based on using the Commodities Research Unit indexes which focuses on indexes related to steel.

With the new California Air Resource Board (CARB) zero-emission regulations as described in the Advanced Clean Fleets Regulation for State and Local Government Agency Fleet Requirements, § Section 2013(c)4, State and Local Government Fleet Applicability, Definitions, and General Requirements, California Vehicle Code (CVC) Section 165, emergency vehicles #9..
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City Council, August 12, 2025
Purchase of Fleet Replacements

are exempt under the current regulation to convert from internal combustion engines (ICE) to zero-emission vehicles. Public Works is currently developing the City’s fleet migration to Zero Emission Vehicles to comply with the State regulations1 in reducing reliance on internal combustion engines. There are no known equivalent zero emission vehicles that will perform the services required for the one (1) Rapid View IBAK F550 Truck with Camera and one (1) Vac-Con Xcavator Truck, which is an exemption under the state mandate if no identified zero emission manufacturers produce the specified equipment.

FISCAL IMPACT:

Sufficient funds for one (1) Rapid View IBAK F550 Truck with Camera and one (1) Vac-Con Xcavator Truck are budgeted in the Fiscal Year 2024-25 Fleet Replacement Fund. These replacement funds were collected over the life of the current vehicles to cover the cost of replacement vehicles through the Fleet Internal Service Fund allocation.

Below is a summary of the Fleet Replacements and Funding Source:

IFB No. Type of Fleet
Original
Amount
Change
Order
Amount not
to Exceed Funding Source
2425-56 (1) Rapid View IBAK F550 Truck $ 367,746 $ 55,162 $ 422,908 Fleet Replacement Fund 2425-48 (1) Vac-Con Xcavator Truck $ 715,412 $ 107,312 $ 822,724 Fleet Replacement Fund Grand Total $ 1,083,158 $ 162,474 $ 1,245,632
COMMITTEE RECOMMENDATION:

This item was presented at the Fiscal Year 2023-24 Finance Committee Budget Workshops to capture the City Fleet Replacement for one (1) Rapid View IBAK F550 Truck with Camera. In addition, during the FY 24-25 Finance Committee Budget Workshops, the City Fleet Replacement of the one (1) Vac-Con Xcavator Truck was also captured.

RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Resolution approving the Competitive Bidding Process from Sourcewell to Rapid View LLC, Rochester, IN, under the authorized dealer, Municipal Maintenance Equipment, Sacramento, CA for the purchase of one (1) Rapid View IBAK F550 Truck with Camera for an amount not to exceed $367,746; and authorizing the Purchasing Manager, or her designee, to issue the Purchase Order; and authorizing the Purchasing Manager or her designee to execute any Change Orders not to exceed 15% of the total purchase price.

Resolution approving the Competitive Bidding Process from Sourcewell to Van-Con, Inc., Green Cove Springs, FL under the authorized dealer, Municipal Maintenance Equipment, Sacramento, CA for the purchase of one (1) Vac-Con Xcavator Truck for an amount not to exceed $715,412; and authorizing the Purchasing Manager, or her designee, to issue the Purchase Order; and authorizing the Purchasing Manager or her designee to execute any Change Orders not to exceed 15% of the total purchase price.
1 https://ww2.arb.ca.gov/our-work/programs/zero-emission-vehicle-program #9..
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Purchase of Fleet Replacements

Approved by:

DeAnna Christensen, Director of Finance
Bill Sandhu, Public Works Director
Joseph P. Lopez, City Manager
Attachments:

1. Resolution (2)

2. Quote - MME - (1) Rapid View IBAK F550 Truck

3. RFP Scoring Abstract- (1) Rapid View IBAK F550 Truck

4. Quote – MME - (1) Vac-Con Xcavator Truck

5. RFP Scoring Abstract- (1) Vac-Con Xcavator Truck

6. MME - California Levine Act Disclosure (2)

7. MME - Financial Interest Disclosure (2)
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08/12/2025/Finance/DLove/Item 9 1 2025-292

MODESTO CITY COUNCIL
RESOLUTION NO. 2025-292

RESOLUTION APPROVING THE COMPETITIVE BIDDING PROCESS FROM

SOURCEWELL TO RAPID VIEW LLC, ROCHESTER, IN, UNDER THE

AUTHORIZED DEALER, MUNICIPAL MAINTENANCE EQUIPMENT,
SACRAMENTO, CA FOR THE PURCHASE OF ONE (1) RAPID VIEW IBAK F550 TRUCK WITH CAMERA FOR AN AMOUNT NOT TO EXCEED $367,746;

AND AUTHORIZING THE PURCHASING MANAGER, OR HER DESIGNEE, TO ISSUE THE PURCHASE ORDER; AND AUTHORIZING THE

PURCHASING MANAGER OR HER DESIGNEE TO EXECUTE ANY CHANGE ORDERS NOT TO EXCEED 15% OF THE TOTAL PURCHASE PRICE
WHEREAS, the Public Works Fleet Division provides the maintenance for all City vehicles and equipment; and
WHEREAS, every year, City vehicles and equipment are individually evaluated based on their age, condition, mileage and maintenance costs including the addition of new vehicles due to the operational needs for the city; and WHEREAS, on July 14, 2021, the City Manager authorized the Purchasing Manager to solicit the procurement for a Rapid View IBAK F550 Truck with Camera; and
WHEREAS, in accordance with the Modesto Municipal Code (MMC), 8-

3.202(h), the City may utilize other government agencies competitive bidding processes to meet the City’s purchasing bidding requirements to solicit goods; and WHEREAS, on October 19, 2021, Sourcewell solicited a bid for the State of Minnesota local government unit and service cooperative issued Request for Proposal #120721 for Underground Infrastructure Inspection and Rehabilitation Equipment with Related Services on the Sourcewell Procurement Portal and New York State Contract Reporter website, Daily Journal of Commerce (DJC), and McClatchy; and #9..
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08/12/2025/Finance/DLove/Item 9 2 2025-292
WHEREAS, on December 7, 2021, proposals were opened at the Sourcewell Procurement Portal, thirteen (13) proposals were received, and the proposals were based on the Sourcewell intent to award to one or more contract to highest scored proposers offering the best overall quality, selection of equipment, products, and services and price; and
WHEREAS, four (4) contracts were awarded for this commodity which includes Rapid View LLC as the manufacturer but procured through the dealer Municipal Maintenance Equipment (MME); and
WHEREAS, based on the ranking of the proposals offering the Underground Infrastructure Inspection and Rehabilitation Equipment, City staff recommends awarding to Municipal Maintenance Equipment (MME) to purchase one (1) Rapid View IBAK F550 Truck with Camera for the amount not to exceed $367,746; and WHEREAS, Sourcewell is a cooperative agreement to streamline the procurement process by developing Request for Proposals (RFP)’s for national competitive solicitations that meet or exceed local requirements; and WHEREAS, Modesto Municipal Code Section 8-3.203 generally requires all purchases that meet or exceed $100,000 for material, equipment, or contractual services to be formally bid; However, exceptions to the formal bidding process are granted in MMC 8-3.204(d) “Where the Purchasing Manager, in her discretion, determines that a process other than the formal bid procedure set for in Section 8-3.203 will result in a procurement for the City at the lowest possible cost commensurate with the desired quality.”; and
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08/12/2025/Finance/DLove/Item 9 3 2025-292
WHEREAS, MMC 8-3.202(h) encourages the Purchasing Manager to join with the State of California or other units of government in cooperative purchasing plans when the best cost savings interest of the City would be served; and WHEREAS, by utilizing the Sourcewell bidding process, the City is complying with the requirements defined under this code for the purchase of one (1) Rapid View IBAK F550 Truck with Camera.

NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Modesto that it hereby approves the Competitive Bidding Process from Sourcewell to Rapid View LLC, Rochester, IN, under the authorized dealer, Municipal Maintenance Equipment, Sacramento, CA for the purchase of one (1) Rapid View IBAK F550 Truck with Camera for an amount not to exceed $367,746.

BE IT FURTHER RESOLVED, that the Purchasing Manager, or her designee, is hereby authorized to issue the Purchase Order.

BE IT FURTHER RESOLVED, that the Purchasing Manager, or her designee, is hereby authorized to execute any change orders not to exceed 15% of the total purchase price.
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08/12/2025/Finance/DLove/Item 9 4 2025-292
The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the 12th day of August, 2025, by Councilmember Williams, who moved its adoption, which motion being duly seconded by Councilmember Ricci, was upon roll call carried and the resolution adopted by the following vote:

AYES: Councilmembers: Alvarez, Bavaro, Escutia-Braaton, Ricci, Williams, Mayor Zwahlen
NOES: Councilmembers: None
ABSENT: Councilmembers: Wright
ATTEST: _____________________________

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

BY: ________________________________
JOSE M. SANCHEZ, City Attorney
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08/12/2025/Finance/DLove/Item 9 1 2025-293

MODESTO CITY COUNCIL
RESOLUTION NO. 2025-293

RESOLUTION APPROVING THE COMPETITIVE BIDDING PROCESS FROM SOURCEWELL TO VAC-CON, INC., GREEN COVE SPRINGS, FL, UNDER

THE AUTHORIZED DEALER, MUNICIPAL MAINTENANCE EQUIPMENT, SACRAMENTO, CA FOR THE PURCHASE OF ONE (1) VAC-CON
XCAVATOR TRUCK FOR AN AMOUNT NOT TO EXCEED $715,412; AND

AUTHORIZING THE PURCHASING MANAGER, OR HER DESIGNEE, TO ISSUE THE PURCHASE ORDER; AND AUTHORIZING THE PURCHASING

MANAGER OR HER DESIGNEE TO EXECUTE ANY CHANGE ORDERS NOT TO EXCEED 15% OF THE TOTAL PURCHASE PRICE
WHEREAS, the Public Works Fleet Division provides the maintenance for all City vehicles and equipment; and
WHEREAS, every year, City vehicles and equipment are individually evaluated based on their age, condition, mileage and maintenance costs including the addition of new vehicles due to the operational needs for the city; and WHEREAS, on April 16, 2024, the City Manager authorized the Purchasing Manager to solicit the procurement for one (1) Vac-Con Xcavator Truck; and WHEREAS, in accordance with the Modesto Municipal Code (MMC), 8-

3.202(h), the City may utilize other government agencies competitive bidding processes to meet the City’s purchasing bidding requirements to solicit goods; and WHEREAS, on October 12, 2021, Sourcewell solicited a bid for the State of Minnesota local government unit and service cooperative issued RFP No.101221 under Contract No 101221-VAC for Sewer Vacuum, Hydro-Excavation, and Municipal Pumping Equipment with Related Accessories and Supplies on the Sourcewell Procurement Portal and New York State Contract Reporter website, DJC, and Oklahoman; and
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08/12/2025/Finance/DLove/Item 9 2 2025-293
WHEREAS, on October 12, 2021, proposals were opened at Sourcewell Procurement Portal; and
WHEREAS, 22 proposals received and based on the Sourcewell intent to award one or more contracts to responsive and responsible proposers offering the best overall quality, selection of equipment, products, services and price; and WHEREAS, nine (9) Contracts were awarded for this commodity which includes the Sewer Vacuum, Hydro-Excavation, and Municipal Pumping Equipment with Related Accessories and Supplies; and
WHEREAS, based on the highest scored proposer offering the Sewer Vacuum, Hydro-Excavation, and Municipal Pumping Equipment with Related Accessories and Supplies city staff recommends to award to Municipal Maintenance Equipment (MME) dealer for Vac-Con, Inc., for the purchase for one (1) Vac-Con Xcavator Truck, an amount not to exceed $715,412; and
WHEREAS, Sourcewell is a cooperative agreement to streamline the procurement process by developing Request for Proposals (RFP)’s for national competitive solicitations that meet or exceed local requirements; and WHEREAS, Modesto Municipal Code Section 8-3.203 generally requires all purchases that meet or exceed $100,000 for material, equipment, or contractual services to be formally bid; However, exceptions to the formal bidding process are granted in MMC 8-3.204(d) “Where the Purchasing Manager, in her discretion, determines that a process other than the formal bid procedure set for in Section 8-3.203 will result in a procurement for the City at the lowest possible cost commensurate with the desired quality.”; and
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08/12/2025/Finance/DLove/Item 9 3 2025-293
WHEREAS, MMC 8-3.202(h) encourages the Purchasing Manager to join with the State of California or other units of government in cooperative purchasing plans when the best cost savings interest of the City would be served; and WHEREAS, by utilizing the Sourcewell bidding process, the City is complying with the requirements defined under this code for the purchase of one (1) Vac-Con Xcavator Truck.

NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Modesto that it hereby approves the Competitive Bidding Process from Sourcewell to Van-Con, Inc., Green Cove Springs, FL under the authorized dealer, Municipal Maintenance Equipment, Sacramento, CA for the purchase of one (1) Vac-Con Xcavator Truck for an amount not to exceed $715,412.

BE IT FURTHER RESOLVED, that the Purchasing Manager, or her designee, is hereby authorized to issue the Purchase Order.

BE IT FURTHER RESOLVED, that the Purchasing Manager, or her designee, is hereby authorized to execute any change orders not to exceed 15% of the total purchase price.
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08/12/2025/Finance/DLove/Item 9 4 2025-293
The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the 12th day of August, 2025, by Councilmember Williams, who moved its adoption, which motion being duly seconded by Councilmember Ricci, was upon roll call carried and the resolution adopted by the following vote:

AYES: Councilmembers: Alvarez, Bavaro, Escutia-Braaton, Ricci, Williams, Mayor Zwahlen
NOES: Councilmembers: None
ABSENT: Councilmembers: Wright
ATTEST: _____________________________

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

BY: ________________________________
JOSE M. SANCHEZ, City Attorney
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Advanced Pace
Technologies, LLC dba
Advanced Plumbing
Technology Aries Industries
Best Equipment Company,
Inc. (Envirosight, LLC) CUES, Inc
DuCo, LLC (Rausch
Electronics USA, LLC) HBM Group, Inc. Hurco Technologies, Inc.

Possible Points
Conformance to Terms/ Conditions to
Include Documentation 50 44 44 38 34 41
Pricing 400 347 334 304 338 331
Financial, Industry and Marketplace 75 65 62 62 58 59
Bidder's Ability to Sell/ Service Contract
Nationally 100 84 89 82 74 70
Bidder's Marketing Plan 50 43 44 37 41 39
Value Added Attributes 75 65 65 54 60 57
Warranty Coverages and Information 50 43 41 41 42 41
Selection and Variety of Products and
Services Offered 200 163 159 157 163 143
Total Points 1,000 854 838 775 810 781
Rank Order 1364 5
Infratech Solutions, LLC
Insight Vision Cameras
(Alliance Technology, LLC) RapidView, LLC
SB Manufacturing, Inc.
(Superior Broom, Inc.)
Visual Imaging Resources,LLC dba VIR Proteus
Wachs Utility Products
(Illinois Tool Works)
Possible Points
Conformance to Terms/ Conditions to
Include Documentation 50 32 35 44 38 35
Pricing 400 241 276 329 321 288
Financial, Industry and Marketplace 75 48 57 68 58 59
Bidder's Ability to Sell/ Service Contract
Nationally 100 59 68 85 74 67
Bidder's Marketing Plan 50 32 37 44 38 31
Value Added Attributes 75 47 52 63 47 52
Warranty Coverages and Information 50 35 33 40 38 36
Selection and Variety of Products andServices Offered 200 153 145 166 149 126 Total Points 1,000 647 703 839 763 694
Rank Order 1082 79
Greg Grunig, Procurement Lead Analyst Chris Robinson, CPSM, Procurement Manager Brandon Town, CPSM, CPSD, Procurement Analyst Nick Scholer, Procurement Analyst Underground Infrastructure Inspection and Rehabilitation Equipment with Related Services RFP #120721 Proposal Evaluation








 








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Aries Industries, Inc. Badger Daylighting CUES, Inc. Deep Trekker DuCo, LLC (VacͲCon, Inc.) Elgin Sweeper Co. (Vactor
Manufacturing, a Division
of Federal Signal) GapVax, Inc. Garsite Progress, LLC Gradall Industries, Inc. Holland Pump Company Hurco Technologies, Inc.

Possible Points
Conformance to RFP
Requirements 50 44 42 43 39 42 41 39
Pricing 400 340 346 340 305 307 340 338
Financial Viability and
Marketplace Success 75 66 64 64 54 66 56 60
Ability to Sell and Deliver
Service 100 89 84 80 76 84 70 67
Marketing Plan 50 45 41 42 39 41 38 40
Value Added Attributes 75 67 63 67 54 59 61 56
Warranty 50 41 41 39 40 40 41 40
Depth and Breadth of
Offered Equipment,
Products, or Services 200 179 170 161 144 159 159 144
Total Points 1,000 871 851 836 751 798 806 784Rank Order 1 3 414 8 611 Kaiser Premier, LLC Park Pumps & Controls RingͲOͲMatic
Sewer Equipment Co. of
America Stetco Group, LLC Super Products, LLC
Texas Underground, Inc.
dba Pipehunter, Inc.

Thompson Pump and
Manufacturing Company,
Inc.

Visual Imaging Resources,
LLC dba VIR Proteus
Wachs Utility Products
(Illinois Tool Works)
WasteWater Solutions,
LLC
Possible Points
Conformance to RFP
Requirements 50 40 33 41 44 38 40 39 43 40
Pricing 400 311 238 333 341 328 311 279 310 314
Financial Viability and
Marketplace Success 75 58 49 60 68 56 63 60 64 64
Ability to Sell and Deliver
Service 100 75 58 82 86 68 78 71 84 77
Marketing Plan 50 41 24 40 44 40 40 39 42 36
Value Added Attributes 75 55 48 61 69 53 59 53 68 61Warranty 50 40 37 40 41 39 40 40 40 38 Depth and Breadth of
Offered Equipment,Products, or Services 200 150 145 178 173 135 160 165 148 158 Total Points 1,000 770 632 835 866 757 791 746 799 788
Rank Order 12 16 5 213 9157 10
Greg Grunig, Procurement Lead Analyst Carol Jackson, Procurement Analyst Craig West, Procurement Analyst Nick Scholer, Procurement Analyst Sewer Vacuum, HydroͲExcavation, and Municipal Pumping Equipment with Related Accessories and Supplies RFP #101221 Proposal Evaluation







 


 



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CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

August 12, 2025
Date: June 24, 2025
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: DeAnna Christensen, Director of Finance
SUBJECT: Amendment to SpryPoint Services, Inc. Agreement CONTACT: Jeni Martin, Revenue Collections and Compliance Manager [email protected] , 209-571-5892
DESCRIPTION:

Consider approving the First Amendment with SpryPoint Services, Inc., Charlottetown, P.E., for Utility Billing, Receivables and Cashiering Software to include SpryWallet as the payment gateway with an increase in the amount of $1,336,902 over two (2) years and a one-time online Customer Enrollment Incentive Program in the amount of $5. (Funding Source: Various Funds) STRATEGIC PLAN ELEMENT:

This item supports the City of Modesto 2025-2026 Strategic Plan focus of Governance and Service Delivery: Build community trust in City government through responsive, transparent, and efficient service delivery. This aligns with Goal J: Build a high-performance organization by exploring “Smart Cities” initiatives and develop related policies to leverage technology to address key community needs and interests.

BACKGROUND:

The Finance Department Utility Billing Division, Accounts Receivable Division, and Cashiering Division manage and facilitate the billing and collection of revenues for water, sewer, storm drain, garbage, and miscellaneous receivables for various City departments.

The Utility Billing Division issues bills for water, sewer, storm drain, and garbage services for over 76,000 utility accounts monthly with over 900,000 bills going out annually. The current system has reached its end of life with outdated technology. There have been no enhancements to the product for at least five (5) years with manual updates required to fix outstanding issues several times per year.

On October 23, 2018, Council approved Resolution No. 2018-466 to execute an Agreement with Paymentus, Inc., who integrates the online payment portal and acts as a payment gateway with our current software system to facilitate online payments, for a total amount of $1,660,000 over five (5) years.
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City Council, August 12, 2025
Amendment to SpryPoint services, Inc. Agreement