MEMORANDUM
May 21, 2024
To: Mayor and City Council
From: Jennifer Riedeman, Finance Director
SUBJECT: INVESTMENT REPORT FOR YEAR ENDED JUNE 30, 2023, AND QUARTER ENDED DECEMBER, 2023
This memo transmits investment report for June 30, 2023, and quarter ending December 31, 2023, to meet the reporting requirements of the City’s Investment Policy and the California Government Code.
The attached investment reports provide quarterly investment transactions (Exhibit 1) and listings of the City’s investments (Exhibit 2). The City’s investment holdings are in compliance with California Government Code Sections 53600, et seq. and with the City’s Investment Policy.
Background
The City Council’s Investment Policy requires that quarterly statements be submitted to the City Council within thirty days following the end of the quarter or a reasonable period of time.
Code Section 53607 provides that the quarterly statements include detailed listings of investments, including the type of investment, issuer, date of maturity, and par and dollar amount invested. The statements must also include monthly reports of investment transactions.
Code Section 53646 also provides that the report shall state whether the investments are made in compliance with California Government Code Sections 53600, et seq. and with the City’s Investment Policy.
Finally, Section 53646 requires that the quarterly report must include a statement about the City’s ability to meet its expenditure requirements for the next six months.
Investments Authorized by the California Code and the City’s Investments Policy The City follows the practice of pooling cash and investments of all funds, except for funds required to be held by fiscal agents under the provisions of bond indentures. Interest income earned on pooled cash and investments is allocated on an accounting period basis to the various funds based on the period-end cash and investment balances. Interest income from cash and investments with fiscal agents is credited directly to the related fund.
The table below identifies the investment types that are authorized by the City's investment policy.
This table does not address investments of debt proceeds held by bond trustees that are governed by the provisions of debt agreements of the City, rather than the general provisions of the California Government Code or the City's investment policy.
Mayor and City Council
Investment Report for The Quarter Ended December 31, 2021
Maximum
Authorized Investment Type Maturity
Maximum
Percentage of
Portfolio
Maximum
Investment in
one Issuer
U.S. Treasure Obligations 5 years None None
U.S. Agency Securities 5 years None None
Certificates of Deposit 2 years None None
Local Agency Investment Fund (LAIF) N/A None None
Money Market Funds N/A None None
Annuities N/A None None
Mutual Funds N/A 5% None
Corporate Notes (Minimum rating of "AAA") 5 years 5% None Local Agency Bonds (Local obligation bonds) 5 years None None * The table is based on state law requirements or investment policy requirements, whichever is more restrictive.
The City invested in an investment pool account with the Central San Joaquin Valley Risk Management Authority (“CSJVRMA”). At June 30, 2023, this account was valued at $3,819,394.
The city received an average yield of 0.01% for the fiscal year ending June 30, 2023 on this investment.
The investment portfolio holdings shown in the attachments represent the entire pooled investment portfolio. Shown below for comparison purposes is the allocation of the portfolio on December 31, 2023, as compared to June 30, 2023:
Period Ending Issuer Par Book Value Fair Market
Value
12/31/2023
CSJVRMA
Investment
Pool
$381,315 $3,975,291 $3,943,922
6/30/2023
CSJVRMA
Investment
Pool
$377,509 $3,936,775 $3,819,394
Portfolio Performance
Chandler Asset Management has provided investment portfolio management services for the City since 2004. The performance of the City’s portfolio is benchmarked against the US Treasury/Agency Index of 1 – 5 years and the US Issuers Corp/Govt Rated AAA-A Index of 1 – 5 years. For the quarter-end of December 31, 2023, the City’s long-term portfolio performed above the 10-year annualized benchmarks, as noted in the summary table below.
Benchmark Benchmark
Annualized US
Treasury/Agency
US Issuers/Govt
Rated AAA-A
City’s Portfolio
10 Year 1.15% 1.25% 1.28%
Mayor and City Council
Investment Report for The Quarter Ended December 31, 2021
The City’s dividend earned is re-invested to the CSJVRMA investment pool.
Also, the City is a participant in the Local Agency Investment Fund (LAIF), which is regulated by California Government Code Section 16429 under the oversight of the Treasurer of the State of California. LAIF’s investments are subject to credit risk with the full faith and credit of the State of California collateralizing these investments for up to $550 Million and are subject to market risk as to changes in interest rates.
The LAIF account earned a total of $555,920.33 in interest since July 1, 2023. The PMIA Average Monthly Effective Yield for the Quarter Ending December 31,2023 was 3.81%. The fair market value adjustment will be reflected/recorded at year-end.
Period Ending Source Principal
Balance
12/31/2023 LAIF $34,156,538
6/30/2023 LAIF $14,453,955
Lastly, since April 20, 2022, the city has deposited funds with the Public Agency Retirement Services (PARS) to fund future retirement benefits for OPEB and Pension costs. The balances as of December 31, 2023, including contributions of $500,000.00, expenses of $8,757.40 and interest earnings of $185,877.97 for the quarter, are as follows:
Period Ending Source Balance
12/31/2023 OPEB/Pension $3,484,654
6/30/2023 OPEB/Pension $2,807,533
The primary change in the most recent quarter ended was the City’s dividend earned. As market conditions improved, these changes better positioned the City’s investment portfolio.
Respectfully submitted,
Jennifer Riedeman
Finance Director
cc: Ken Irwin, City Manager
Mayor and City Council
Investment Report for The Quarter Ended December 31, 2021
Attachments:
1. Chandler Asset Management Statement for Month Ended 12/31/2023.
2. Chandler Asset Management Statement for Month Ended 11/30/2023.
3. Chandler Asset Management Statement for Month Ended 10/31/2023.
4. Chandler Asset Management Statement for Month Ended 9/30/2023.
5. Chandler Asset Management Statement for Month Ended 8/31/2023.
6. Chandler Asset Management Statement for Month Ended 7/31/2023.
7. Chandler Asset Management Statement for Month Ended 6/30/2023.
8. PMIA/LAIF Performance Report as of 4/3/24 for the Quarter Ended 12/31/2023.
9. LAIF Remittance Advice for the Quarter Ended 12/31/2023.
10. LAIF Remittance Advice for the Quarter Ended 9/30/2023.
11. LAIF June 2023 Statement
12. PARS Account Report for the Period Ended 12/31/2023.
13. PARS Account Report for the Period Ended 11/30/2023.
14. PARS Account Report for the Period Ended 10/31/2023.
15. PARS Account Report for the Period Ended 9/30/2023.
16. PARS Account Report for the Period Ended 8/31/2023.
17. PARS Account Report for the Period Ended 7/31/2023.
18. PARS Account Report for the Period Ended 6/30/2023.
19. Cash Reconciliation as of 12/31/2023.
20. Cash Reconciliation as of 6/30/2023.
March 4.232
February 4.122
January 4.012
December 3.929
November 3.843
October 3.670
PMIA Average Life(1): 230
LAIF Fair Value Factor(1): 0.993543131
PMIA Daily(1): 3.96
PMIA Quarter to Date(1): 3.81
LAIF Apportionment Rate(2): 4.00
LAIF Earnings Ratio(2): 0.00010932476863589
LAIF Administrative Cost(1)*: 0.29
Treasuries
54.92%
Agencies
25.05%
Certificates of
Deposit/Bank Notes
10.04%
Time
Deposits
3.02%
Commercial
Paper
6.38%
Corporate
Bonds
0.39%
Loans
0.20%
Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) and interest earned on the Wildfire Fund loan pursuant to Public Utility Code 3288 (a). *The percentage of administrative cost equals the total administrative cost divided by the quarterly interest earnings. The law provides that administrative costs are not to exceed 5% of quarterly EARNINGS of the fund. However, if the 13-week Daily Treasury Bill Rate on the last day of the fiscal year is below 1%, then administrative costs shall not exceed 8% of quarterly EARNINGS of the fund for the subsequent fiscal year.
Source:
(1) State of California, Office of the Treasurer
(2) State of Calfiornia, Office of the Controller
PMIA Average Monthly
Effective Yields(1)
PMIA/LAIF Performance Report
as of 4/3/24
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 12/31/23
Chart does not include $2,059,000.00 in mortgages, which equates to 0.001%. Percentages may not total 100% due to rounding.
Pooled Money Investment Account
Monthly Portfolio Composition (1)
2/29/24
$164.3 billion
MALIA M. COHEN
California State Controller
LOCAL AGENCY INVESTMENT FUND
REMITTANCE ADVICE
Agency Name PATTERSON
Account Number 98-50-644
As of 01/12/2024, your Local Agency Investment Fund account has been directly credited with the interest earned on your deposits for the quarter ending 12/31/2023.
Earnings Ratio .00010932476863589
Interest Rate 4.00%
Dollar Day Total $ 2,769,920,320.32
Quarter End Principal Balance $ 34,156,538.19
Quarterly Interest Earned $ 302,820.90
Untitled Page https://laif.sco.ca.gov/Result.aspx
1 of 1 2/1/2024, 5:24 PM
MALIA M. COHEN
California State Controller
LOCAL AGENCY INVESTMENT FUND
REMITTANCE ADVICE
Agency Name PATTERSON
Account Number 98-50-644
As of 10/13/2023, your Local Agency Investment Fund account has been directly credited with the interest earned on your deposits for the quarter ending 09/30/2023.
Earnings Ratio .00009812538629360
Interest Rate 3.59%
Dollar Day Total $ 2,579,347,076.52
Quarter End Principal Balance $ 28,568,438.76
Quarterly Interest Earned $ 253,099.43
Untitled Page https://laif.sco.ca.gov/Result.aspx
1 of 1 2/1/2024, 5:23 PM
1 DEPARTMENT OF PUBLIC WORKS
“Public Works – Improving Your Quality of Life”
MONTHLY STAFF REPORT
April 2024
Administration & Environmental Compliance Division
The city has received SRF Loan funding for a city water meter system replacement project.
The project will replace older water meters in the city to help with water system revenue losses and improve overall utility system management. The project was awarded, and the Contractor (Flowline Inc.) has been replacing the meters. Over 95% of the residential meters have been replaced and the Contractor is working on meters that are in the commercial areas. (Last update: March 2023).
Staff have been working with Willdan Consulting on updating several City facilities, Parks, and Recreation impact fees. Staff has met with the consultant and the Parks & Recreation Master Plan consultant to finalize the costs associated with parks/recreational facilities. The impact fee study is complete and is working on scheduling 2-2-1 meetings to present the item to the Council for approval of the new proposed fees. This item will be scheduled for approval in the next few months. (Last Update: January 2024).
Staff have started preparation of the new FY 24/25 budgets including the Special Districts (LMDs, BADs, CFDs, CSA). This item will be brought to the City Council in May for review and adoption. (Last Update: March 2024).
Staff began researching a loan program for businesses to be able to comply with regulatory requirements. The loan guidelines, process, and funding will be presented to the City Council in the next couple of months. (Last Update: March 2024). Staff have been working closely with Finance to complete the FY 24/25 budget. This item will be brought to the Council in the near future for review and approval. (Last Update: March 2024).
Staff have been working with Finance to complete the Cost Allocation Plan (CAP) Update.
The CAP summarizes a comprehensive analysis that has been completed for the city to determine the appropriate allocation of costs from central service departments to the operating departments. The primary objective is to allocate costs from departments that provide services internally to operating departments that conduct the day-to-day operations necessary to serve the community. A meeting is scheduled for May 15, 2024 to review the updated CAP model draft. (Updated: April 2024).
Grants and Special Projects
South Park Per Capita Grant: The city has awarded the construction contract and the project is scheduled to begin construction after Apricot Fiesta in June 2024. (Last Update: April 2024). These are the main projects which Public Works and Engineering are focusing on. These projects include:
2 o Staff continue to work with Engineering to develop the City’s Track 1 Trash Implementation Plan to comply with the State’s Trash Policy requirements. The plan was submitted to the State in December 2018 and the City has 10 years from this date to complete the implementation of their full trash capture plan. Design funds were approved in the FY 19/20 budget. Proposals for design were received and a consultant agreement is currently in progress. The kickoff meeting was held, and the project is currently in progress. The city will be submitting their implementation plan and full trash capture device option(s) to the State. Once approved, staff will work on the next phases of this project which includes preliminary projects design/bid plans. The city will be exploring Prop 1 grant opportunities for this project. (No change). o WQCF Administration LEED Building. Construction is close to completion. The Contractor is working with the city to finalize all remaining items. The building is scheduled for occupancy in November. (Last update: August 2023). o Ward Avenue Sewer Lift Station Rehabilitation Project. Bids were received, all were significantly over budget. The council has rejected all bids. (Last update: June 2023). o Slurry Seal Project. The scope of the work is being determined and preliminary design is underway. This project will be ready to go out to bid in the summer so that work can be completed in the Fall. (Last update: March 2024).
F.O.G (Fats, Oils, & Grease) Program
The city continues to conduct FOG inspections on a regular basis to ensure compliance.
Businesses that generate fats, oils, and grease are required to have grease interceptors/trap and perform on-going maintenance. The program continues to grow with additional businesses opening up. (Last Update: December 2023).
Storm Water Pollution Prevention Program
A new Phase II Stormwater Permit is in progress at the State level. Once it is adopted, it will be implemented. The city must comply with everything that is in the current permit. It is anticipated that the new permit will be implemented in 2024. Under this new permit, the school districts will be brought in and will be required to have their own stormwater programs. The new permit has not yet been released. (Last Update: October 2023). The City awarded the design contract to Stantec Engineering for the design of the City’s trash capturing system. The System will consist of trash capturing devices and improvements at the Olive Avenue regional basin and Salado Creek. The kickoff meeting was held in September and the staff is working with the consultant to identify options for this project. Once the project Cost Estimate is developed, the city will be submitting a stormwater grant application to the State Water Resources Control Board to seek funding assistance for this project. (Last updated: January 2024).
3 Water Division & Water Conservation Program
The State Water Resources Control Board has rescinded the mandatory conservation standards that have been in place since 2015. The reporting requirements and prohibitions on water waste will remain. The current prohibitions against wasteful water use practices include outdoor watering during or within 48 hours after a rain event; hosing down a sidewalk instead of using a broom or a brush; and overwatering a landscape to where water is running off onto the sidewalk or into the gutter.
April 2024 Water Production
Well Production
2 0
4- NP 11,000
5 51,185,000
6 1,010,000
7 69,000
8 6,136,365
9 26,994,000
11 24,000
Keystone-NP 10,002,000
Floragold-NP 6,533,600
TOTAL 101,694,962
1. Number of Follow-ups: 33
2. Number of Warning/Violations: 10
3. Number of Penalties: 0
4. Water Service Connection Requests: 52
5. Water Service Connection Turnoffs: 27
6. Water Work Orders: 39- zero usage, high usage, new meter, leak at meter and meter change.
Committees & Commission
Parks & Recreation and Beautification Commission:
A regular meeting was held on April 17, 2024, and the agenda and minutes are on the Council’s agenda for review. The next meeting is scheduled for May 15, 2024. (Last Update: April 2024). Safety (JEMSAC) Committee: The committee holds regular meetings to go over Safety topics and policies. The next meeting is scheduled for April. (Last update: April 2024). 4 Traffic Safety Committee: The committee meets regularly or as needed to address any traffic complaints/concerns received. The last meeting was held on March 13, 2024. (Last Update:
March 2024).
Permits Issued
Encroachment Permits, Fire Hydrant Use Permits, Other Permits Issued by Public Works:
Encroachment Permit = 7
Fire Hydrant Use Permits = 0
(Last update: May 2024).
Streets/Collections Division
Work Orders: Streets/Sidewalks = 23 Alleys/Garbage = 2 Collections =7 Seasonal Tasks:
Storm drains maintenance.
Repaired potholes throughout the city.
Performed sewer maintenance.
Performed sidewalk repairs.
(Last update: May 2024).
Electrical Division
Work Orders: Streetlights = 9
Seasonal Tasks this Month:
Repaired streetlights throughout the city.
Reviewed Electrical/SCADA plans for Engineering.
Continued upgrades at the WQCF.
Worked on Internet issues at the WQCF.
(Last Update: May 2024).
Urban Forestry Division
Work Orders: Urban Forestry: 39
Seasonal Tasks this Month:
Performed tree maintenance.
Addressed requests for service.
(Last update: May 2024).
Parks, Landscape & Building Maintenance Divisions
Park Reservations: All parks are currently closed to reservations and are on a first come first served basis.
Work Orders: Building Maintenance: 24 Parks: 21
Seasonal Tasks & Projects:
5 Continued maintenance of all parks and easements.
Focused on maintenance pruning in LMDs.
Performed routine maintenance at City Hall.
Planted 12 trees at Felipe Garza Park to celebrate Arbor Day on April 24,2024 (Last update: April 2024).
Fleet Services Division
Number of PW equipment repaired/serviced: Number of PW equipment repaired/serviced:
47Public Works, Recreation and Community Service vehicles and 3 Fire vehicles. (Last update:
May 2024).
Water Quality Control Facility (WQCF)
MONTHLY FLOWS AND AVERAGES – APRIL 2024
APRIL 2024 INFLUENT SPOD* NPOD* AIPS
TOTAL FLOW,
MG/ month
50.447 29.006 21.438 .000
AVG FLOW, MGD 1.682 .967 .715 .000
HIGH FLOW, MGD 1.772 1.058 .742 .000
LOW FLOW, MGD 1.600 .883 .667 .000
Total Capacity,
MGD
2.25 1.25 .800 .200
* SPOD- South Plant Oxidation Ditch (new) * NPOD- North Plant Oxidation Ditch (old) Alarms/Callouts:
Alarms = 157
Callouts = 4
Seasonal Tasks:
1. AIPS back online.
1. Process control under adjustment for current weather conditions.
2. Continuing Annual PM work.
3. Washer compactor back online.
4. North plant aerator #2 fixed back online.
LABORATORY RESULTS
APRIL 2024
Avg.
BOD5 TSS TDS pH EC NO3-N TKN TN-N Na Cal
Influent 310 310 * 7.72 * * * * * *
Effluent. 4.4 2.5 1200 7.72 1940 .12 1.3 1.5 240 340
* Not required
(Last update: May 2024)
The following events, incidents, and other items were conducted at the Fire Department and/or by Fire Department personnel from April 1-April 30, 2024
• Training Hours Completed: 455.69
• Fire Prevention: 74 Business Inspections Completed
• Citizen Ride-Along with Fire Crews: 7
• Badge Pinning Ceremonies: 2
• Station Tour: 1
• Fire Truck Face Off Social Media Campaign: 2 Events
• Public Service Events:
o Food Pantry Distribution
o Love Patterson
o Friends of the Library
• Patterson Volunteer Firefighters Association Appreciation and Awards Banquet • Incident Type Count Report: Fire Department personnel responded to 161 incidents Type Description Count
111 - Building fire 1 0.59%
113 - Cooking fire, confined to container 1 0.59%
132 - Road freight or transport vehicle fire 1 0.59%
140 - Natural vegetation fire, other 1 0.59%
151 - Outside rubbish, trash or waste fire 1 0.59%
154 - Dumpster or other outside trash receptacle fire 1 0.59% Total - Fires 6 100.00%
3 - Rescue & Emergency Medical Service Incidents 2 1.18% 311 - Medical assist, assist EMS crew 33 19.53%
321 - EMS call, excluding vehicle accident with injury 75 44.38% 3210 - Ems cancelled upon arrival 3 1.78%
322 - Vehicle accident with injuries 6 3.55%
324 - Motor vehicle accident with no injuries 1 0.59%
352 - Extrication of victim(s) from vehicle 1 0.59%
Total - Rescue & Emergency Medical Service Incidents 121 100.00% 400 - Hazardous condition, other 1 0.59%
City of Patterson
Fire Department
344 West Las Palmas Avenue
Patterson, California 95363
Main: (209) 895-8130
Fax: (209) 895-8139
412 - Gas leak (natural gas or LPG) 2 1.18%
444 - Power line down 1 0.59%
Total - Hazardous Conditions (No fire) 4 100.00%
510 - Person in distress, other 6 3.55%
542 - Animal rescue 1 0.59%
550 - Public service assistance, other 1 0.59%
551 - Assist police or other governmental agency 4 2.37% 553 - Public service 1 0.59%
561 - Unauthorized burning 1 0.59%
Total - Service Call 14 100.00%
611 - Dispatched & cancelled en route 13 7.69%
611E - EMS: Dispatched & cancelled en route 2 1.18%
622 - No incident found on arrival at dispatch address 1 0.59% Total - Good Intent Call 16 100.00%
714 - Central station, malicious false alarm 2 1.18%
715 - Local alarm system, malicious false alarm 1 0.59% 730 - System malfunction, other 1 0.59%
731 - Sprinkler activation due to malfunction 1 0.59%
736 - CO detector activation due to malfunction 1 0.59% 745 - Alarm system sounded, no fire - unintentional 1 0.59% Total - Fals Alarm & False Call 7 100.00%
900 - Special type of incident, other 1 0.59%
Total - Special Incident Type 1 100.00%
Community Development Department
Monthly Report
April 2024
The following information is provided as an update regarding the Planning and Housing Division activities during the month of April 2024, as well as updates for previously approved projects.
Planning Commission Meetings
On April 11, 2024, the Planning Commission considered the following item(s):
1. Apricot World Properties LLC - Architectural & Site Plan Review #24-02 - APN 021-098- 001
Review of an approximately 9,658 square foot retail/office building, along with parking, landscaping, and other site infrastructure, to be located at the southern end of APN 021-098-001, located near the intersection of Haggerty Drive and Calvinson Parkway, south of Sperry Avenue.
The floor plan shows space for up to seven tenants within the building with 67 parking spaces provided on the site. The building would be part of the recently approved Delta Marketplace project. Access would be off of the roundabout at Haggerty Drive and Calvinson Parkway. The Planning Commission approved this item with a 4-0 vote.
2. Garcia Mobile Vehicle Food Court – Architectural & Site Plan Review #24-03 and Conditional Use Permit #24-01 – APN 131-003-013
Review of a proposed mobile vehicle food court including up to ten mobile vehicle spaces, shade structures, restroom and trash facilities, and parking spaces at the southeast corner of Highway 33 and West Las Palmas Ave. (APN 131-003-013). The 1.52 acre site currently accommodates an existing landscaping materials supply yard and office, which occupy the southern half of the site at 100 S. 2nd Street. The Planning Commission approved this item with a 3-1 vote.
The next regularly scheduled meeting will be held on May 23rd, 2024 at 7:00 PM.
Master Plan Update
The administrative draft Downtown Master Plan (DMP) has been prepared by RRM Design Group and is undergoing final amendments. The public draft Downtown Master Plan will be available for comment and review beginning mid-January as environmental review (CEQA) work on the DMP begins. It is anticipated that the remaining components (including public review/hearings and CEQA) in support of the DMP will be completed leading up to City Council review and adoption in June 2024.
Downtown Plaza Circle String Lighting Project
Technical consultants provided city staff with a draft plan and budgetary estimates. City staff is completing an initial review of these documents.
Status update for major projects approved during 2024
A&SP Architectural & Site Plan Review TPM Tentative Parcel Maps CUP Conditional Use Permit TSM Vesting Tentative Maps
LLA Lot Line Adjustment P/A Prezone/Annexation
PD Planned Development ORD Zoning Ordinances/Amendments RZN General Plan Amendment/Rezone VAR Variance
General Plan Amendments
- Delta Marketplace – GPA/Rezone #24-01, Planned Development #22-03, Tentative Parcel Map #22-03 – Sperry Ave. & Haggerty Drive – Approved Status update for projects approved in previous years
• Sperry Avenue Self Storage – A&SP #22-08, 425 Sperry Avenue – Building permit application submittal pending
• Oak Harbor Freight – A&SP #22-09, CUP #23-02, S. Rogers Rd. – Building permit application submitted
• AT&T Wireless Tower – CUP #23-01, Community Center – Building permit application submittal pending
• Water Office Restaurant – A&SP #22-01, 22 N. Del Puerto Ave. – Construction underway • Southern Tire Mart, A&SP #21-09, CUP #21-10, 2275 Sperry Ave. – Building permit application pending approval
• Sun Valley Industries #2, A&SP #22-02, S. Rogers Road – Approved • Apricot Vet Clinic, A&SP #22-03, CUP #22-04, S. Rogers Road – Building permit issued • VOP Townhouses, A&SP #22-05, N. 1st St. & English Birch Ave. – Building permit application submittal pending
• Poppy Mini-Storage – CUP #22-07, A&SP #22-06 – Site improvements under construction • VOP 2.1 LLC Lot 36 housing development, north of Olive Avenue, east of Sycamore, A&SP approved
• Popeye’s Restaurant, A&SP #21-07, CUP #21-07, north of Sperry Avenue, east of Park Center Drive, building permit issued
• S2A Modular, A&SP #20-01, CUP #20-04, TPM #20-01 – Site work underway • Nucleus Homeopathics, Inc., A&SP #20-02, CUP #20-05, 240 Park Center Drive – Building permit application pending approval
• Arambel Business Park Warehouse, A&SP #19-02, Rogers Road – Building permit issued • Harvest Samoan Assembly of God Church, A&SP #19-05, CUP #19-05, 415 N. 1st St. – Site work underway
• Safavieh Distribution Center (McShane Companies) A&SP 07-04 (Phase 3) – Site work underway
Major Subdivisions
Villages of Patterson
• Villages of Patterson Apartments, A&SP #18-02, Olive Avenue – Submitted building permit • Self Help Enterprises single family units – second phase under construction • Patterson Ranch – nearing completion
• Clayton Shire – nearing completion
• Camden Shire – nearing completion
• Sycamore Ranch I – site work underway
• Sycamore Ranch II – TM approved, pending FM submittal • Triplexes – construction underway
• Baldwin Ranch North – Backbone infrastructure nearing completion, submitting initial design information.
Housing Projects and Programs
• CDBG: Washburn street/sidewalk project plans in review. • HOME: City Staff continues to work with First-time Homebuyer Applicants seeking loan approvals.