ROCKLIN CITY COUNCIL
City Council Regular Meeting
City Hall - Council Chambers
3970 Rocklin Rd. Rocklin, CA
95677
Website:
www.rocklin.ca.us
August 12, 2025
Closed Session 5:30 p.m.
General Session 6:00 p.m.
JILL GAYALDO,
Mayor
DAVID BASS,
Vice Mayor
KEN BROADWAY,
Council Member
BILL HALLDIN,
Council Member
GREG JANDA,
Council Member
ALY ZIMMERMANN,
City Manager
MATTHEW MCOMBER,
City Attorney
DANIEL CHOE,
City Treasurer
AVINTA SINGH,
City Clerk
HOW TO PARTICIPATE
The City of Rocklin welcomes your interest and involvement in the City's legislative process. The City Council has established a procedure for addressing the Council. Persons wishing to address the City Council are asked to voluntarily complete and submit a speaker identification sheet to the City Clerk.
Speaker identification sheets are available near the entrance of the Council Chambers. For items listed on the agenda, any person may address the City Council at the time the item is considered. Speakers are requested to restrict their comments to the item as it appears on the agenda and stay within the required three-minute time limit. The Brown Act does not permit the City Council to take action on items brought up under Citizens Addressing the City Council.
WRITINGS RECEIVED AFTER AGENDA POSTING
Any writing or documents related to an agenda item for this meeting provided to the City Council, Public Financing Authority or Successor Agency will be made available for public inspection at City Hall, 3970 Rocklin Road, Rocklin, during normal business hours.
AMERICANS WITH DISABILITIES ACT
In compliance with the Americans with Disabilities Act, if you require special assistance to participate in this meeting or other services in conjunction with this meeting, including receiving notices, agendas, and other writings in appropriate alternative formats, please contact our office at (916) 625- 5560 at least 48 hours prior to the meeting or time when services are needed so that we may make every reasonable effort to accommodate you.
LEVINE ACT PROVISIONS
The Levine Act requires a party (or the party’s agent(s)) to a proceeding before the City of Rocklin that
involves any action or consideration to their contract, license, permit, or other entitlement for use, to
disclose any campaign contribution made to a City elected or appointed officer (including Councilmembers, Planning Commissioners, and members of other City boards and commissions) totaling more than $500 within the 12 months before the City decision.
AUDIO/VISUAL PRESENTATIONS
If making a presentation regarding an agenda item, all audio/visual materials must be submitted to the City Clerk or Secretary at least 72 hours in advance. The City is not responsible for the compatibility or operation of non-city devices or the functionality of non-city presentations.
City Council Regular Meeting Agenda of August 12, 2025
1 CS1.
Pursuant to Government Code Section 54956.9(d)(2), Conference with Legal Counsel, Anticipated Litigation: Significant Exposure to Litigation - One Case.
POSTING OF AGENDA
In accordance with Government Code Section 54954.2(a) this agenda was posted on the City's bulletin board at City Hall, 3970 Rocklin Road, Rocklin, and City of Rocklin website at www.rocklin.ca.us.
AGENDA
MEETING
INSTRUCTIONS
The public may listen to audio or view the meeting via live stream at https://www.rocklin.ca.us/agendas-minutes
.
For those that do not plan on attending in person, but wish to make a public comment during the meeting, public comments will be accepted in email form until 3:00 p.m. on the meeting day. Public comments should be submitted to the City Clerk at [email protected]
. Emailed public comments will be distributed to City Council and treated as a public record.
CALL TO ORDER
ROLL CALL
PUBLIC COMMENT ON CLOSED SESSION
CLOSED SESSION
REPORT OUT OF CLOSED SESSION
CALL GENERAL SESSION TO ORDER
PLEDGE OF ALLEGIANCE
AGENDA REVIEW
CITIZENS ADDRESSING THE CITY COUNCIL
This is an opportunity for public comment on matters not listed on the agenda. Public comment on items listed on the agenda will be taken when the agenda item is called.
REPORTS FROM CITY COUNCIL AND CITY MANAGER
Reports from the City Council will include any AB1234 Reports.
CONSENT CALENDAR
All items listed under the Consent Calendar are considered and acted upon by one Motion. Anyone may request an item be removed for separate consideration.
City Council Regular Meeting Agenda of August 12, 2025
2 C1.
Minutes of the June 24, 2025 Regular Meeting of the City Council C2.
Minutes of the July 30, 2025 Special Meeting of the City Council C3.
Appointments to Various City Commissions
C4.
Robbins and Holdaway Contract Amendment No. 3
C5.
Affordable Housing Agreement for Estia at Rocklin
C6.
Affordable Housing Agreement for Quarry Row
C7.
Quarry Row Final Map
Recommendation:
Approve the Minutes of the June 24, 2025 Regular Meeting of the City Council.
Recommendation:
Approve the Minutes of the July 30, 2025 Special Meeting of the City Council.
Recommendation:
A
.
Adopt a Resolution of the City Council of the City of Rocklin Making Appointments to the Arts Commission.
B
.
Adopt a Resolution of the City Council of the City of Rocklin Making an Appointment to the Parks and Recreation Commission.
C
.
Adopt a Resolution of the City Council of the City of Rocklin Making Appointments to the Community Recognition Commission.
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Approving and Authorizing the City Attorney to Execute Amendment No. 3 to the Agreement Between the City of Rocklin and Robbins and Holdaway for Legal Services.
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Approving the Estia at Rocklin Affordable Housing Regulatory Agreement and Declaration of Restrictive Covenants and Authorizing the City Manager to Execute the Agreement.
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Approving the Affordable Housing Agreement for the Quarry Row project and Authorizing the City Manager to Enter into the Agreement.
Recommendation:
A
.
Adopt a Resolution of the City Council of the City of Rocklin Approving the Final Map of Quarry Row Subdivision/(SD-2016-0003) and Approving and Authorizing Execution of a Subdivision Improvement Agreement.
B
.
Adopt a Resolution of the City Council of the City of Rocklin Approving and Authorizing Execution of a Subdivision Landscaping Agreement of Quarry Row Subdivision (SD-2016-0003).
City Council Regular Meeting Agenda of August 12, 2025
3 C8.
Quarterly Treasurer's Report
C9.
Amending the Appropriations Limit for the City and the Special Districts for Fiscal Year 2024/25
C10.
2025-2028 Memorandum of Understanding with Rocklin Firefighters, Local 522 C11.
City of Rocklin Fire Department's State Mandated Annual Fire Inspection Report C12.
California Highway Patrol Grant - Award
C13.
California State Office of Traffic Safety (OTS) Grant
C14.
Masonry Wall Repair - Notice of Completion
Recommendation:
Receive the Treasurer's Report for the Quarter Ending June 30, 2025.
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Amending the Appropriations Limit for the City of Rocklin and the Special Districts for Fiscal Year 2024/25.
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Approving the Negotiated Memorandum of Understanding Between the City of Rocklin and the Rocklin Firefighters, Local 522, for the term of July 1, 2025 - June 30, 2028 and Adopt the Updated Fire Salary Schedule.
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin A
cknowledging the City of Rocklin Fire Department’s
C
ompliance with Sections
13146.2 and 13146.3 of the California Health and Safety Code.
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Ratifying the Grant Application Submitted to the Department of California Highway Patrol and Authorizing the City Manager to Execute the Grant Agreement.
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Ratifying the Submission of the Office of Traffic Safety (OTS) Grant Application for Selective Traffic Enforcement Program (STEP) and Accepting an Award in the amount of $70,000 and Authorize the City Manager to Sign the Grant Agreement and Necessary Grant Documentation.
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Accepting the Public Work Known as the Masonry Wall Repair, Approving the Notice of Completion Thereof, and Authorizing and Directing the Execution and Recordation of Said Notice on Behalf of the City (Hinkley’s Masonry).
City Council Regular Meeting Agenda of August 12, 2025
4 C15.
Vehicle and Equipment Purchases
C16.
Janitorial Services Agreement
C17.
Utility Construction Cooperation and Reimbursement Agreement P1.
Oaths of Office for Incoming Arts Commission, Community Recognition Commission, and Parks and Recreation Commission Members P2.
Placer Mosquito & Vector Control District Annual Update PH1.
Tax Equity and Fiscal Responsibility Act (TEFRA) Hearing and Approval of the Issuance of Revenue Bonds by the California Municipal Finance Authority for the Benefit of Rocklin 688, L.P.
Recommendation:
A
.
Adopt a Resolution of the City Council of the City of Rocklin Approving and Authorizing the Purchase of Ten (10) 2025 Chevrolet Tahoe Vehicles From Winner Chevrolet and Authorizing the City Manager to Purchase the Vehicles.
B
.
Adopt a Resolution of the City Council of the City of Rocklin Approving and Authorizing the Purchase of One (1) Vactor Trailer from RDO Equipment Company and Authorizing the City Manager to Purchase the Vactor Trailer.
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Authorizing Awarding the Contract for Janitorial Services of City Owned Facilities to Pride Industries One, Inc. and Authorizing the City Manager to Execute the Agreement with Pride Industries.
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Approving a Construction Cooperation and Reimbursement Agreement with South Placer Municipal Utility District (SPMUD) for Sewer Improvements During the Bluffs Subdivision Road Reconstruction Phase I Project and Authorizing the City Manager to Execute an Agreement with South Placer Municipal Utility District.
PRESENTATIONS
In addition to those items listed on the agenda, the Mayor may add additional ceremonial matters.
PUBLIC HEARINGS
Public Hearings may be reordered by the Mayor with the consent of the legislative body.
Recommendation:
Conduct a Public Hearing and Consider the Following Action:
Adopt a Resolution of the City Council of the City of Rocklin Approving a Plan of Finance including the Issuance of Revenue Bonds by the California Municipal Finance Authority to Finance and Refinance a Qualified Residential Rental Project for the Benefit of Rocklin 688, L.P., and Certain Other Matters Relating Thereto.
City Council Regular Meeting Agenda of August 12, 2025
5 PH2.
Rocklin Municipal Code Kennel Ordinance Amendments / Zoning Ordinance Amendment, ZOA2025-0002
(Continued from June 24, 2025)
PH3.
Whitney Walk Residential / Environmental, ENV2025-0007; General Development Plan, PDG2024-0002; Design Review, DR2024-0005; Tentative Subdivision Map, SD2024-0001; Tree Preservation Permit, TRE2024-001
D1.
Build Up Rocklin Program - Agreement with Growth Factory and Budget Amendment
D2.
City of Rocklin 2025-2027 Strategic Plan
Recommendation:
Conduct a Public Hearing and Consider the Following Action:
Introduce, Waive the Full Reading and Read by Title Only, an Ordinance of the City Council of the City of Rocklin Amending Rocklin Municipal Code Section
17.64.070 - Kennels. (Kennel Ordinance / ZOA2025-0002).
Recommendation:
Conduct a Public Hearing and Consider the Following Actions:
A
.
Adopt a Resolution of the City Council of the City of Rocklin Approving an Addendum to the 2015 Sunset Hills Townhomes Initial Study/Mitigated Negative Declaration (IS/MND) and to the 2016 South Whitney Mixed-Use Townhomes and Medical Center Initial Study/Mitigated Negative Declaration (IS/MND) (Whitney Walk Residential / ENV2025-0007);
B
.
Adopt a Resolution of the City Council of the City of Rocklin Approving a Design Review (Whitney Walk Residential / DR2024-0005); C
.
Adopt a Resolution of the City Council of the City of Rocklin Approving a Tentative Map and an Oak Tree Preservation Permit (Whitney Walk Residential / SD2024-0001 and TRE2024-0001);
D
.
Introduce, Waive the Full Reading and Read by Title Only, an Ordinance of the City Council of the City of Rocklin Repealing Ordinance No. 1036 (Sunset Hills Townhomes General Development Plan) and Ordinance No. 1052 (South Whitney Mixed Use General Development Plan), and Adopting the Whitney Walk General Development Plan (Whitney Walk Residential / PDG2024-0002).
DISCUSSION ITEMS
Discussion Items include oral presentations including those recommending "receive and file".
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Approving a Professional Services Agreement for the Continuation of the Build Up Rocklin Program, Establishing a Grant Program in Support of Participating Businesses, and Approving a Budget Amendment.
Recommendation:
Affirm the Outcomes of the 2025-2027 Strategic Planning Process and Provide Direction to Staff on the Proposed Two-Year Work Plan Items.
City Council Regular Meeting Agenda of August 12, 2025
6 D3.
City Manager Employment Agreement
D4.
City Attorney Employment Agreement - Second Amendment
D5.
Inclusionary Housing Ordinance and In-Lieu Fee Program
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Approving a City Manager Employment Agreement with Alexandra Zimmermann and Authorizing the Mayor to Execute the Agreement.
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Approving the Second Amendment to the Employment Agreement with the City Attorney and Authorizing the Mayor to Execute the Amendment.
Recommendation:
A
.
Receive a Staff Report of the Possible Timeframes that Could Be Implemented for Potential Adoption of an Inclusionary Housing Program and Provide Direction to Staff.
B
.
Adopt a
Resolution of the City Council of the City of Rocklin Approving and Authorizing the City Manager to Negotiate and Execute a Contract Amendment with Keyser Marston Associates for the Creation of an Inclusionary Housing Ordinance and Establishment of an In-Lieu Fee.
FUTURE AGENDA ITEMS
ADJOURNMENT
City Council Regular Meeting Agenda of August 12, 2025
7 City Council
Staff Report
Subject:
Minutes of the June 24, 2025 Regular Meeting of the City Council Date:
August 12, 2025
Submitted By:
Avinta Singh, City Clerk
Department:
City Clerk's Office
Recommendation:
Approve the Minutes of the June 24, 2025 Regular Meeting of the City Council.
Item Number C1.
ATTACHMENTS:
1. Draft City Council Meeting Minutes of June 24, 2025
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ROCKLIN CITY COUNCIL
City Council Regular Meeting
City Hall – Council Chambers
3970 Rocklin Rd. Rocklin, CA 95677
Website: www.rocklin.ca.us
June 24, 2025
CONSOLIDATED MEETING AGENDA
City of Rocklin City Council
Public Financing Authority
Closed Session 5:00 p.m.
General Session 6:00 p.m.
MEETING MINUTES
-DRAFT-
CALL TO ORDER
Mayor Gayaldo called the meeting to order at 5:00 p.m.
ROLL CALL
Present: Councilmembers David Bass, Ken Broadway, Bill Halldin, Greg Janda Mayor Jill Gayaldo
Absent: None
PUBLIC CLOMMENT ON CLOSED SESSION
There were none.
Members of the City Council left the Council Chambers and convened Closed Session at 5:02 p.m.
CLOSED SESSION
CS1. Pursuant to Government Code section 54957.6, Conference with Labor Negotiators, Agency Representatives: City Manager Aly Zimmermann, Director of Administrative Services Tameka Usher, Deputy Director of Administrative Services Daniel Choe and Jack Hughes; Employee Organizations: Sacramento Area Firefighters Local 522, Rocklin Firefighters Union Local 3847, Rocklin Police Officers' Association, Rocklin Public Safety Managers, Management and Confidential.
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Members of the City Council returned to the Council Chambers at 6:18 p.m.
REPORT OUT OF CLOSED SESSION
There was no reportable action.
CALL GENERAL SESSION TO ORDER
Mayor Gayaldo called the meeting to order at 6:18 p.m.
PLEDGE OF ALLEGIANCE
The Rocklin Scouts Troop 29 and 219 led the pledge of allegiance.
ROLL CALL
Present: Councilmembers David Bass, Ken Broadway, Bill Halldin, Greg Janda Mayor Jill Gayaldo
Absent: None
AGENDA REVIEW
City Manager Aly Zimmermann stated the Public Hearing Item No. PH10 is being continued to a date certain which was August 12, 2025; requested that Discussion Item No. D1 be heard before the Public Hearing items as per state law, Item No. D1 should be heard before the budget item; and requested that Consent Item No. C2 and Presentations Item No. P1 be removed from the agenda and brought back in August.
CITIZENS ADDRESSING THE CITY COUNCIL
Ms. Karrie Paletta addressed the City Council sharing the parking concerns on Christopher Court.
Mr. Brandon Sanders , PG&E Sierra Division Public Affairs Officer, addressed the City Council and shared that PG&E’s natural gas pipeline inspection project would take place in August and September.
REPORTS FROM CITY COUNCIL AND CITY MANAGER
Council Member Janda reported attendance at the P lacer County Air Pollution Control District Board meeting; and attended the Pioneer Community Energy Board meeting.
Council Member Broadway reported attendance at the Capitol Corridor Joint Powers Authority Board meeting; and attended the ribbon cutting for the I-80 Auxiliary Lanes Project.
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Council Member Halldin reported attendance at the ribbon cutting for the I -80 Auxiliary Lanes Project; attended the Western Placer Waste Management Authority Board meeting; attended the Juneteenth Celebration held at Johnson -Springview Park , expressing his appreciation to the Rocklin Fire Department and community groups for their participation , and noted that the City of Rocklin table was popular and featured great youth engagement.
Mayor Gayaldo reported attendance at the Sacramento Area Council of Governments (SACOG) Board meeting, and participated in a tour led by Sacramento County Board Supervisor Rich Desmond of the Arden-Arcade area housing project; and reminded all of the upcoming Celebrate America entertainment and fireworks show at Twin Oaks Park.
City Manager Zimmermann stated that the Celebrate America event occurring on June 27th and 28 th, 2025 was a private rental at Twin Oaks Park with a publicly viewable fireworks show, and reminded all to take care of their pets; she reminded residents that while safe and sane fireworks were permitted in the city, i llegal fireworks were not allowed, and with the Fourth of July holiday approaching, fire danger was high; and shared that there were no regularly scheduled City Council meetings during the month of July , and the next meeting would be held on August 12, 2025.
CONSENT CALENDAR
Vice Mayor Bass requested to pull Consent Item No. C14 from the Consent Calendar. City Manager Zimmermann noted that Consent Item No. 2 was being moved to the August 12, 2025 meeting due to technical errors in the report.
C1. Minutes of the June 10, 2025 Regular Meeting of the City Council Action: Approved the Minutes of the June 10, 2025 Regular Meeting of the City Council.
C2. Appointments to Various Boards, Commissions and Committees - This item was continued to the August 12, 2025 City Council meeting.
C3. Proclamation Declaring the Month of July as Parks and Recreation Month Action: Approved a Proclamation Declaring the Month of July as Parks and Recreation Month, and Designated the Mayor to Sign the Proclamation on Behalf of the City Council.
C4. Community Recognition Commission Procedure Guide
Action: Adopted Resolution No. 2025 -123 of the City Council of the City of Rocklin Repealing and Replacing Resolution No. 2021-11 Community Recognition Procedure Guide.
C5. Placer County Treasurer's Investment Pool - Designation of Authorized Staff Action: Adopted Resolution No. 2025 -124 of the City Council of the City of Rocklin Authorizing Investment of Monies in the Placer County Treasurer's Investment Pool, and Designating Staff Authorized to Deposit and Withdraw Monies.
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C6. Delegation of Investment Decision Authority and Adoption of Legislative Policy No. 1 - Investment Policy
Action: Adopted Resolution No. 2025 -125 of the City Council of the City of Rocklin Delegating Authority to Make Investment Decisions to the City Treasurer and Adopting Legislative Policy No. 1 - Investment Policy.
C7. Purchasing Goods and Services through Cooperative Purchase Agreements for Fiscal Year 2025/26
Action: Adopted Resolution No. 2025-126 of the City Council of the City of Rocklin Authorizing the City Manager to Purchase Goods and Services through Cooperative Purchase Agreements for Fiscal Year 2025/26.
C8. FY 2025/26 Community Facilities Districts Bond Debt Service Fund Budgets and Collection of Special Taxes on the 2025/26 Tax Roll
Action:
A. Adopted Resolution No. 2025 -127 of the City Council of the City of Rocklin Adopting Budgets for Community Facilities Districts Bond Debt Service Funds for Fiscal Year 2025/26.
B. Adopted Resolution No. 2025 -128 of the City Council of the City of Rocklin Requesting the Collection of Special Taxes on the 2025/26 Tax Roll.
C9. Salary Schedule Update
Action: Adopted Resolution No. 2025 -129 of the City Council of the City of Rocklin Approving the Revised Salary Schedules for Rocklin Public Service Employees’ Bargaining Unit; and Rocklin Management, Confidential, and Unrepresented Employees’ Resolution.
C10. Cooperative Purchase Authorization Increase with AT&T Corporation Action: Adopted Resolution No. 2025 -130 of the City Council of the City of Rocklin Increasing the City Manager's Purchasing Authority for Citywide IT Purchases from AT&T Corporation through Cooperative Purchase Agreements for Fiscal Year 2024/25.
C11. Microsoft Enterprise Agreement Software Contract with Dell Marketing, L.P.
Action: Adopted Resolution No. 2025 -131 of the City Council of the City of Rocklin Approving and Authorizing the City Manager to Execute a Contract with Dell Marketing, L.P. for the Purchase of a Microsoft Enterprise Agreement Software License Platform.
C12. Amendment No. 1 to the Agreement with Four Star Building Maintenance Action: Adopted Resolution No. 2025 -132 of the City Council of the City of Rocklin Approving Amendment No. 1 to the Contract for Services with Four Star Buildin g Maintenance and Authorizing the City Manager to Execute Amendment No. 1.
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C13. Rocklin Unified School District School Resource Officers Action: Adopted Resolution No. 2025 -133 of the City Council of the City of Rocklin Approving and Authorizing the City Manager to Execute a Reimbursement Agreement with the Rocklin Unified School District for School Resource Officers.
C14. Fleet Zero Emission Study and Transition Plan - Pulled for discussion.
C15. Fire Station 25 Dormitory Remodel Notice of Exemption and Bid Award.
Action:
A. Adopted Resolution No. 2025 -135 of the City Council of the City of Rocklin Approving a Notice of Exemption (Fire Station Number 25 Dormitory Remodel).
B. Adopted Resolution No. 2025 -136 of the City Council of the City of Rocklin Awarding the Contract for the Fire Station 25 Dormitory Remodel Bid Award to Sauren Construction, Inc. and Authorizing the City Manager to Execute an Agreement.
C16. PFA1: Public Financing Authority of the City of Rocklin Adopting a Budget for Fiscal Year 2025/26
Action: Adopted Resolution No. 2025-66 PFA of the Public Financing Authority of the City of Rocklin Adopting a Budget for Fiscal Year 2025/26.
PUBLIC COMMENT
There were none.
Motion to approve Consent Calendar Item Nos. C1, C3 through C13, C15 and C16 by Council Member Broadway, seconded by Council Member Janda . Passed by the following vote:
Council Member Halldin abstained on Consent Item Nos. C10 and C11; Council Member Broadway abstained on Consent Item C10.
Vote for Consent Calendar Item Nos. C1, C3 through C9, C12, C13, C15 and C16:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
Vote for Consent Calendar Item No. C10:
Ayes: Councilmembers Bass and Janda
Mayor Gayaldo
Noes: None
Absent: None
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Abstain: Councilmembers Broadway and Halldin
Vote for Consent Calendar Item No. C11:
Ayes: Councilmembers Bass, Broadway, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: Council Member Halldin
CONSENT CALENDAR ITEM PULLED FOR DISCUSSION
Vice Mayor Bass requested to pull Consent Item No. C14 for discussion.
C14. Fleet Zero Emission Study and Transition Plan
Action: Adopted Resolution No. 2025 -134 of the City Council of the City of Rocklin Approving an Exemption to the City's Formal Bidding Requirements Under RMC §
3.04.090(E)(15) and Approving and Authorizing the City Manager to Execute a Contract for Preparation of a Fleet Zero Emission Study and Transition Plan with ICF Incorporated, LLC.
City Council comments and discussion followed. Public Works Manager Matt McClure responded to questions.
PUBLIC COMMENT
There were none.
Motion to approve Consent Calendar Item No. C 14 by Council Member Broadway, seconded by Vice Mayor Bass. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
PRESENTATIONS
P1. Oaths of Office for Incoming Board, Commission, Committee Members - This item was continued to the August 12, 2025 City Council meeting.
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P2. Proclamation Declaring the Month of July as Parks and Recreation Month
Mayor Gayaldo read the proclamation and presented it to Parks and Recreation Director Veronica Tracy , Parks and Recreation Commission Chair Matthew Duarte, and Youth Member John McMillan.
Director Veronica Tracy thanked the City Council for their support and the recognition, thanked her staff, and recognized Chair Duarte for his leadership and expressed her appreciation to outgoing Youth Commissioner McMillan.
DISCUSSION ITEMS
Discussion Item D1 was heard before Public Hearing items.
D1. City Personnel Vacancies
Action: Received a Presentation for Information Purposes in Compliance with California Assembly Bill 2561.
Administrative Services Director Tameka Usher presented the item to the City Council.
PUBLIC COMMENT
Mr. Benjamin Bjorkman offered input on addressing the number of vacancies in the city.
PUBLIC HEARINGS
PH1. Fiscal Years 2025/26 and 2026/27 Operating Budget and 2026 -2031 Capital Improvement Program
Action: Adopted Resolution No. 2025-137 of the City Council of the City of Rocklin Adopting the Fiscal Years 2025/26 and 2026/27 Operating Budget and 2026 -2031 Capital Improvement Program.
Mayor Gayaldo opened the public hearing for item PH1.
Budget Officer Zonousia Lee presented the item to the City Council.
City Council comments and discussion followed.
PUBLIC COMMENT
There were none.
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Mayor Gayaldo closed the public hearing for item PH1.
Motion to approve Public Hearing Item No. PH1 by Council Member Halldin, seconded by Council Member Broadway. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
PH2. Annexation Into Community Facilities District No. 1 (Sky View (Westridge), APNs 030-030-086-000 and 032-010-048-000)
Action: Conducted a Public Hearing and Considered the Following Actions:
A. Adopted Resolution No. 2025 -138 of the City Council of the City of Rocklin of Annexation of Territory to Community Facilities District No. 1 (Annexation No. 92), Authorizing the Levy of a Special Tax, and Submitting Levy of Tax to Qualified Electors (Sky View (Westridge), APNs 030 -030-086-000 and 032 - 010-048-000).
Mayor Gayaldo opened the public hearing for item PH2.
Management Analyst Megan Bressem presented the item to City Council.
PUBLIC COMMENT
There were none.
Mayor Gayaldo closed the public hearing for item PH2.
Motion to approve Public Hearing Item No. PH2.A. by Council Member Broadway, seconded by Council Member Janda. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
Mayor Gayaldo asked City Clerk Avinta Singh for the results of the Special Annexation Election. City Clerk Singh reported that there were 46 qualified votes and 46 yes votes that were received.
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B. Adopted Resolution No. 2025 -139 of the City Council of the City of Rocklin Declaring Results of Special Annexation Election, Determining Validity of Prior Proceedings, and Directing Recording of Amended Notice of Special Tax Lien Pertaining to Community Facilities District No. 1 (Annexation No. 92) (Sky View (Westridge), APNs 030-030-086-000 and 032-010-048-000).
Motion to approve Public Hearing Item No. PH2.B. by Council Member Broadway, seconded by Council Member Janda. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
PH3. Annexation Into Community Facilities District No. 5 (Sky View (Westridge), APNs 030-030-086-000 and 032-010-048-000)
Action: Conducted a Public Hearing and Considered the Following Actions:
A. Adopted Resolution No. 2025-140 of the City Council of the City of Rocklin of Annexation of Territory to Community Facilities District No. 5 (Annexation No. 77), Authorizing the Levy of a Special Tax, and Submitting Levy of Tax to Qualified Electors (Sky View (Wes tridge), APNs 030 -030-086-000 and 032 - 010-048-000).
Mayor Gayaldo opened the public hearing for Item PH3.
Management Analyst Megan Bressem presented the item to City Council.
PUBLIC COMMENT
There were none.
Mayor Gayaldo closed the public hearing for item PH3.
Motion to approve Public Hearing Item No. PH 3.A. by Council Member Broadway seconded by Council Member Janda. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
Mayor Gayaldo asked City Clerk Avinta Singh for the results of the Special Annexation Election. City Clerk Singh reported that there were 46 qualified votes and 46 yes votes that were received.
17 DRAFT Meeting Minutes of June 24, 2025 Rocklin City Council 10 | P a g e
B. Adopted Resolution No. 2025 -141 of the City Council of the City of Rocklin Declaring Results of Special Annexation Election, Determining Validity of Prior Proceedings, and Directing Recording of Amended Notice of Special Tax Lien Pertaining to Community Facilities District No. 5 (Annexation No. 77) (Sky View (Westridge), APNs 030-030-086-000 and 032-010-048-000).
Motion to approve Public Hearing Item No. PH3.B. by Council Member Broadway, seconded by Council Member Janda. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
PH4. Annexation Into Community Facilities District No. 1 (Montreo, APNs 030 -020-024- 000 and 030-010-019-000)
Action: Conducted a Public Hearing and Considered the Following Actions:
A. Adopted Resolution No. 2025 -142 of the City Council of the City of Rocklin of Annexation of Territory to Community Facilities District No. 1 (Annexation No. 93), Authorizing the Levy of a Special Tax, and Submitting Levy of Tax to Qualified Electors (Montreo, APNs 030-020-024-000 and 030-010-019-000).
Mayor Gayaldo opened the public hearing for Item PH4.
Management Analyst Megan Bressem presented the item to City Council.
PUBLIC COMMENT
There were none.
Mayor Gayaldo closed the public hearing for item PH4.
Motion to approve Public Hearing Item No. PH 4.A. by Council Member Halldin, seconded by Council Member Janda. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
Mayor Gayaldo asked City Clerk Avinta Singh for the results of the Special Annexation Election. City Clerk Singh reported that there were 19 qualified votes and 19 yes votes that were received.
18 DRAFT Meeting Minutes of June 24, 2025 Rocklin City Council 11 | P a g e
B. Adopted Resolution No. 2025 -143 of the City Council of the City of Rocklin Declaring Results of Special Annexation Election, Determining Validity of Prior Proceedings, and Directing Recording of Amended Notice of Special Tax Lien Pertaining to Community Facilities District No. 1 (Annexation No. 93) (Montreo, APNs 030-020-024-000 and 030-010-019-000).
Motion to approve Public Hearing Item No. PH4.B. by Council Member Halldin, seconded by Council Member Janda. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
PH5. Annexation Into Community Facilities District No. 5 (Montreo, APNs 030 -020-024- 000 and 030-010-019-000)
Action: Conducted a Public Hearing and Considered the Following Actions:
A. Adopted Resolution No. 2025 -144 of the City Council of the City of Rocklin of Annexation of Territory to Community Facilities District No. 5 (Annexation No. 78), Authorizing the Levy of a Special Tax, and Submitting Levy of Tax to Qualified Electors (Montreo, APNs 030-020-024-000 and 030-010-019-000).
Mayor Gayaldo opened the public hearing for Item PH5.
Management Analyst Megan Bressem presented the item to City Council.
PUBLIC COMMENT
There were none.
Mayor Gayaldo closed the public hearing for item PH5.
Motion to approve Public Hearing Item No. PH 5.A. by Council Member Halldin, seconded by Council Member Broadway. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
Mayor Gayaldo asked City Clerk Avinta Singh for the results of the Special Annexation Election. City Clerk Singh reported that there were 19 qualified votes and 19 yes votes that were received.
19 DRAFT Meeting Minutes of June 24, 2025 Rocklin City Council 12 | P a g e
B. Adopted Resolution No. 2025 -145 of the City Council of the C ity of Rocklin Declaring Results of Special Annexation Election, Determining Validity of Prior Proceedings, and Directing Recording of Amended Notice of Special Tax Lien Pertaining to Community Facilities District No. 5 (Annexation No. 78) (Montreo, APNs 030-020-024-000 and 030-010-019-000).
Motion to approve Public Hearing Item No. PH5.B. by Council Member Halldin, seconded by Council Member Broadway. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
PH6. Special Assessments for Delinquent Weed Abatement Charges Action: Conducted a Public Hearing and Considered the Following Actions:
A. Adopted Resolution No. 2025 -146 of the City Council of the City of Rocklin Imposing Special Assessments Against Certain Parcels for Delinquent Weed Abatement Charges.
Mayor Gayaldo opened the public hearing for Item PH6.
Senior Accountant Angela Doyle presented the item to City Council, noting there was a Blue Memo with updated delinquency information.
PUBLIC COMMENT
There were none.
Mayor Gayaldo closed the public hearing for item PH6.
Motion to approve Public Hearing Item No. PH6.A. by Council Member Halldin, seconded by Council Member Janda , to include the information noted in the Blue Memo. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
B. Adopted Resolution No. 2025 -147 of the City Council of the City of Rocklin Requesting the Collection of Taxes, Assessments on the 2025/26 Tax Roll (Weed Abatement Assessments).
20 DRAFT Meeting Minutes of June 24, 2025 Rocklin City Council 13 | P a g e
Motion to approve Public Hearing Item No. PH6.B. by Council Member Halldin, seconded by Council Member Janda. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
PH7. Special Assessments for Delinquent Refuse Collection Fees Action: Conducted a Public Hearing and Considered the Following Actions:
A. Adopted Resolution No. 2025 -148 of the City Council of the City of Rocklin Imposing Special Assessments Against Certain Parcels for Delinquent Refuse Collection Fees.
Mayor Gayaldo opened the public hearing for Item PH7.
Senior Accountant Angela Doyle presented the item to City Council, noting there was a Blue Memo with updated delinquency information.
City council comments and discussion followed. Senior Accountant Doyle addressed questions.
PUBLIC COMMENT
There were none.
Mayor Gayaldo closed the public hearing for item PH7.
Motion to approve Public Hearing Item No. PH7.A. by Council Member Broadway, seconded by Council Member Halldin, to include the information noted in the Blue Memo. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
B. Adopted Resolution No. 2025 -149 of the City Council of the City of Rocklin Requesting the Collection of Taxes, Assessments on the 2025/26 Tax Roll (Delinquent Refuse Collection Fees).
Motion to approve Public Hearing Item No. PH7.B. by Council Member Broadway, seconded by Council Member Halldin. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
21 DRAFT Meeting Minutes of June 24, 2025 Rocklin City Council 14 | P a g e
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
PH8. Public Facilities Impact Fees Annual Inflation Adjustment Action: Conducted a Public Hearing and Consider ed the Following Action: Adopted Resolution No. 2025 -150 of the City Council of the City of Rocklin Authorizing the Annual Inflation Adjustments to the Public Facilities Impact Fees.
Mayor Gayaldo opened the public hearing for Item PH8.
Management Analyst Megan Bressem presented the item to City Council.
PUBLIC COMMENT
There were none.
Mayor Gayaldo closed the public hearing for item PH8.
Motion to approve Public Hearing Item No. PH8 by Council Member Broadway , seconded by Council Member Janda. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
PH9. Solid Waste Rate Increase
Action: Conducted a public hearing and, if there is No Majority Protest, Consider ed the Following Action:
A. Adopted Resolution No. 2025 -151 of the City Council of the City of Rocklin Approving a Notice of Exemption (Solid Waste Collection Service Rates Amendment).
Mayor Gayaldo opened the public hearing for Item No. PH9.
Public Works Director Justin Nartker presented the item to City Council.
PUBLIC COMMENT
There were none.
22 DRAFT Meeting Minutes of June 24, 2025 Rocklin City Council 15 | P a g e
Mayor Gayaldo closed the public hearing for Item No. PH9. Mayor Gayaldo noted that protest letters had been received for this item.
Council Member Broadway stated that the proposed increase was significantly below the allowable amount, and recognized that Recology goes above and beyond for service delivery to the community.
Council Member Halldin shared that while WPWMA had a small increase in the tipping fee for this year, the board was in discussion to either have no increase or a reduction to the tipping fee the following year.
Motion to approve Public Hearing Item No. PH 9.A. by Council Member Halldin, seconded by Council Member Janda. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
B. Adopted Resolution No. 2025 -152 of the City Council of the City of Rocklin Amending Solid Waste Collection Service Rates within the Incorporated Limits of the City of Rocklin and Rescinding Resolution No. 2024-179.
Motion to approve Public Hearing Item No. PH9. B. by Council Member Halldin, seconded by Council Member Janda. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
PH10. Proposed Continuance of Rocklin Municipal Code Kennel Ordinance Amendments/ Zoning Ordinance Amendment, ZOA2025 -0002 - This item was continued to the August 12, 2025 City Council meeting.
Mayor Gayaldo announced that Public Hearing Item No. PH10 was continued to the August 12, 2025 City Council meeting.
DISCUSSION ITEMS
D1. City Personnel Vacancies – This item was heard before Public Hearing Item No. PH1.
23 DRAFT Meeting Minutes of June 24, 2025 Rocklin City Council 16 | P a g e
D2. Legislative and Regulatory Platform Update
Action: Adopted Resolution No. 2025 -153 of the City Council of the City of Rocklin approving the Legislative and Regulatory Platform for State and Federal Advocacy.
Assistant to the City Manager Elizabeth Sorg presented the item to City Council.
PUBLIC COMMENT
There were none.
City Council comments and discussion followed. Vice Mayor Bass emphasized looking beyond the legislature for regulatory platforms, and suggested utilizing other early alert systems in addition to the League of California Cities and harnessing technology. Council Member Janda supported use of technology for this purpose.
City Manager Zimmermann indicated that the City does respond to regulatory issues as it is made aware of them, and could explore other methods for getting in front of issues.
Council Member Halldin asked if it was possible to regularly review and comment on rate increases for utilities serving Rocklin. City Manager Zimmermann responded that staff could further evaluate this as it fell within the purview of the platform.
Motion to approve Discussion Item No. D2 by Council Member Janda seconded, by Council Member Halldin. Passed by the following vote:
Ayes: Councilmembers Bass, Broadway, Halldin, Janda
Mayor Gayaldo
Noes: None
Absent: None
Abstain: None
The City Council took a recess at 7:59 p.m. and returned at 8:06 p.m.
D3. Consider Providing Direction to Staff Regarding an Interim Inclusionary Housing Policy and a Corresponding Draft Ordinance and In-Lieu Fee Proposal Action: Discussed the Potential Adoption of an Interim Inclusionary Housing Policy and Evaluated Whether to Provide Direction to Staff to Return at the Next Available City Council Regular Meeting with a Proposed Interim Inclusionary Housing Ordinance and Associated In-lieu Fee Structure for the City Council's Consideration.
Council Member Broadway presented the item to City Council.
City Council comments and discussion followed. City Manager Zimmermann responded to questions noting that the staff was working with consult ant Keyser 24 DRAFT Meeting Minutes of June 24, 2025 Rocklin City Council 17 | P a g e
Marston Associates on a feasibility study for an Inclusionary Housing and In -Lieu Fee Assessment project which was approximately 10 months away from completion.
PUBLIC COMMENT
Mr. Jeff Short with North State Building Industry Association, addressed the City Council caution ing that an i nclusionary policy could result in a stop to all housing production and supported a nexus study.
Mr. Marcus LoDuca addressed the City Council and stated that inclusionary requirements could result in a no -build scenario as builders have many market options.
Mr. Benjamin Bjorkman addressed the City Council and supported maintaining zoning diversity in Rocklin which included its commercial, industrial and educational sectors.
Vice Mayor Bass emphasized the importance of having the present topic on the agenda for discussion at the City Council meeting , noting the intent was to have a conversation; expressed the City Council was accountable for its decisions today and in the future once full buildout was achieved; stated there was not a housing crisis but an affordability crisis in Rocklin ; and underscored that what is being built in the city has to fit in the community.
Council Member Halldin underscored frustration with State mandates and having to comply with these requirements in the future by designating more space for multifamily housing, and supported sticking to the plan previously approved and wondered if the process could be sped up.
Council Member Janda appreciated the discussion on the topic, while he believed in expediency the challenge was complex and supported working with the development and regulatory community.
Council Member Broadway emphasized having a process that would provide control on producing affor dable units , protecting areas that provide sustainability for the community, cautioned against builder’s remedy, and granting community partners including the BIA an opportunity to provide feedback . He supported staff conducting research and presenting a potential option, and was concerned that by waiting ten months this would damage the potential for sustainability in the community.
Mayor Gayaldo expressed that while ten months for the assessment to be completed was long, she did not want to impede the progress of the permanent plan and hoped for a better timeline.
Council Member Halldin was concerned with diverting staff from other work and noted there was already a process underway with the consultant.
25 DRAFT Meeting Minutes of June 24, 2025 Rocklin City Council 18 | P a g e
Council Member Broadway made a motion directing staff to review an interim inclusionary housing policy and corresponding draft ordinance in -lieu fee proposal, and to bring this to the City Council at a meeting in August, seconded by Vice Mayor Bass. Motion failed by the following roll call vote:
Ayes: Councilmembers Bass and Broadway
Noes: Councilmembers Halldin and Janda
Mayor Gayaldo
Absent: None
Abstain: None
Council Member Janda appreciated the discussion but felt that for staff to return with an ordinance in one month was a big ask, and rather supported staff putting together a scope and some meaningful information in the future to form an ordinance.
Mayor Gayaldo was open to staff returning with more info rmation including possibilities other cities may have, and if adjustments could be made to the timeline for conducting a permanent study.
City Manager Zimmermann stated that staff will evaluate opportunities to speed up the current process, and noted the discussion item was placed on the agenda based on feedback from the consultant and outside legal counsel that there were ways to establish an inclusionary housing ordinance and in -lieu fee policy without a nexus study.
FUTURE AGENDA ITEMS
There were none.
ADJOURNMENT
Mayor Gayaldo adjourned the meeting at 9:22 p.m.
This is to certify that the foregoing is a true and
correct copy of the minutes of June 24, 2025 as
approved by the Rocklin City Council.
Avinta Singh, City Clerk
26 City Council
Staff Report
Subject:
Minutes of the July 30, 2025 Special Meeting of the City Council Date:
August 12, 2025
Submitted By:
Avinta Singh, City Clerk
Department:
City Clerk's Office
Recommendation:
Approve the Minutes of the July 30, 2025 Special Meeting of the City Council.
Item Number C2.
ATTACHMENTS:
1. Draft City Council Meeting Minutes of July 30, 2025
27 DRAFT Meeting Minutes of July 30, 2025 Rocklin City Council 1 | P a g e
ROCKLIN CITY COUNCIL
City Council Special Meeting
City Hall - Council Chambers
3970 Rocklin Rd. Rocklin, CA 95677
Website: www.rocklin.ca.us
July 30, 2025
3:30 pm
MEETING MINUTES
-DRAFT-
CALL TO ORDER
Mayor Gayaldo called the meeting to order at 3:30 p.m.
PLEDGE OF ALLEGIANCE
Mayor Gayaldo led the pledge of allegiance.
ROLL CALL
Present: Councilmembers Bill Halldin and Greg Janda
Mayor Jill Gayaldo
Absent: Councilmembers David Bass and Ken Broadway
CITIZENS ADDRESSING CITY COUNCIL
Mr. Jacob Roe addressed the City Council providing an update on his journey through Sierra College, shared his future academic endeavors, and gratitude to the City Council for their support.
DISCUSSION ITEMS
D1. Interviewed Candidates for an Appointment to the Arts Commission
The City Council conducted interviews with the following applicants:
Ashley Streight
Marylee Hope
Ivan Mercer
Alan Whipple
Holly Clark
Lisa Marradi
Jered Reinking
28 DRAFT Meeting Minutes of July 30, 2025 Rocklin City Council 2 | P a g e
A resolution recommending the appointment will be presented to the City Council for adoption at the Regular Meeting of August 12, 2025.
ADJOURNMENT
Mayor Gayaldo adjourned the meeting at 6:33 p.m.
This is to certify that the foregoing is a true and
correct copy of the minutes of July 30, 2025 as
approved by the Rocklin City Council.
Avinta Singh, City Clerk
29 City Council
Staff Report
Subject:
Appointments to Various City Commissions
Date:
August 12, 2025
Submitted By:
Avinta Singh, City Clerk
Department:
City Clerk's Office
Recommendation:
A
.
Adopt a Resolution of the City Council of the City of Rocklin Making Appointments to the Arts Commission.
B
.
Adopt a Resolution of the City Council of the City of Rocklin Making an Appointment to the Parks and Recreation Commission.
C
.
Adopt a Resolution of the City Council of the City of Rocklin Making Appointments to the Community Recognition Commission.
Background:
On May 28, 2025, a City Council Subcommittee conducted interviews with qualified applicants to fill a scheduled vacancy on the Arts Commission and an unscheduled vacancy on the Community Recognition Commission.
On June 25, 2025, a City Council Subcommittee conducted interviews with qualified applicants to fill a scheduled vacancy on the Parks and Recreation Commission for a youth member.
Arts Commissioner Alex Shadle resigned from the Commission on June 24, 2025. The City Council held a special meeting on July 30, 2025, to conduct interviews to fill the unscheduled vacancy on the Arts Commission.
Exhibit A to each respective Resolution identifies the recommended appointments.
Fiscal Impact:
There is no fiscal impact to the staff recommendation.
Item Number C3.
ATTACHMENTS:
1. Resolution A - Arts Commission
2. Resolution B - Parks and Recreation Commission
3. Resolution C - Community Recognition Commission
30 Resolution No. 2025- August 12, 2025 Page 1 of 1
1 RESOLUTION NO. 2025-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROCKLIN
MAKING APPOINTMENTS TO THE ARTS COMMISSION
The City Council of the City of Rocklin does resolve as follows:
Section 1. The City Council of the City of Rocklin does hereby appoint the following individuals to the Arts Commission of the City of Rocklin commencing July 1, 2025 as set forth in Exhibit A, attached hereto and hereby incorporated herein by this reference.
PASSED AND ADOPTED this 12th day of August, 2025, by the following vote:
AYES: Councilmembers
NOES: Councilmembers:
ABSENT: Councilmembers:
ABSTAIN: Councilmembers:
Jill Gayaldo, Mayor
ATTEST:
Avinta Singh, City Clerk
31 Exhibit A
to Reso. No. 2025-
EXHIBIT A
APPOINTMENTS:
ARTS COMMISSION
RMC Chapter 2.36 & 2.43
Four-Year Term
Appointee Term Expires
Gloria O. Beverage 6/30/2029
Holly Clark 6/30/2029
32 Resolution No. 2025- August 12, 2025 Page 1 of 1
1 RESOLUTION NO. 2025-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROCKLIN
MAKING AN APPOINTMENT TO THE PARKS AND RECREATION COMMISSION
The City Council of the City of Rocklin does resolve as follows:
Section 1. The City Council of the City of Rocklin does hereby appoint the following individual to the Parks and Recreation Commission of the City of Rocklin commencing July 1, 2025 as set forth in Exhibit A, attached hereto and hereby incorporated herein by this reference.
PASSED AND ADOPTED this 12th day of August, 2025, by the following vote:
AYES: Councilmembers
NOES: Councilmembers:
ABSENT: Councilmembers:
ABSTAIN: Councilmembers:
Jill Gayaldo, Mayor
ATTEST:
Avinta Singh, City Clerk
33 Exhibit A
to Reso. No. 2025-
EXHIBIT A
APPOINTMENT:
PARKS & RECREATION COMMISSION
RMC Chapter 2.36 & 2.44
One-Year Term
Appointee Term Expires
Maximus Kotte
(Youth Commissioner) 6/30/2026
34 Resolution No. 2025- August 12, 2025 Page 1 of 1
1 RESOLUTION NO. 2025-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROCKLIN
MAKING APPOINTMENTS TO THE COMMUNITY RECOGNITION COMMISSION
The City Council of the City of Rocklin does resolve as follows:
Section 1. The City Council of the City of Rocklin does hereby appoint the following individuals to the Community Recognition Commission of the City of Rocklin commencing July 1, 2025 as set forth in Exhibit A, attached hereto and hereby incorporated herein by this reference.
PASSED AND ADOPTED this 12th day of August, 2025, by the following vote:
AYES: Councilmembers
NOES: Councilmembers:
ABSENT: Councilmembers:
ABSTAIN: Councilmembers:
Jill Gayaldo, Mayor
ATTEST:
Avinta Singh, City Clerk
35 Exhibit A
to Reso. No. 2025-
EXHIBIT A
APPOINTMENTS:
COMMUNITY RECOGNITION COMMISSION
RMC Chapter 2.36 & 2.45
Four-Year Term
Appointee Term Expires
Price E. Johnson 6/30/2026
Laura E. Hutchison
(Alternate Member) 6/30/2028
36 City Council
Staff Report
Subject:
Robbins and Holdaway Contract Amendment No. 3
Date:
August 12, 2025
Submitted By:
Elizabeth Sorg, Assistant to the City Manager
Andrew Keys, Assistant City Manager
Department:
City Manager's Office
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Approving and Authorizing the City Attorney to Execute Amendment No. 3 to the Agreement Between the City of Rocklin and Robbins and Holdaway for Legal Services.
Background:
On March 16, 2022, the City entered into a contract with Robbins and Holdaway to provide legal services related to affordable housing. Robbins and Holdaway has been primarily legal counsel for the Pacific Street Apartments project, having drafted the Affordable Housing Agreement currently in place and providing legal advice throughout the tenure of the Agreement. Two amendments to the original contract increased the not to exceed amount for affordable housing legal services to provide advice on additional affordable housing developments. Currently, Robbins and Holdaway provides services for the Pacific Street Apartments, USA affordable senior housing and the Quarry Row projects.
Community Housing Works (CHW) has secured the final 9% tax credits needed to finance the Pacific Street Apartments project, and additional legal services are needed to draft the updated Affordable Housing Agreement with CHW to finalize the project. The Resolution attached to this staff report (Attachment 1) authorizes the City Attorney, who serves as the City's purchasing officer for all legal services contracts pursuant to Rocklin Municipal Code
3.04.050, to sign Amendment No. 3, which will increase the not to exceed amount of the contract to $150,000, authorize staff to approve payment for invoices submitted by the firm that are accepted and approved by staff for legal services satisfactorily rendered to date, and extend the term of the contract to March of 2027.
Fiscal Impact:
There is no impact to the General Fund. Contract costs will be paid from the Low and Moderate Income Housing Asset Fund (270).
Item Number C4.
37 ATTACHMENTS:
1. Resolution
2. Resolution Exhibit A - Contract Amendment
3. Executed Robbins & Holdaway Contract with Amendments No. 1 and No. 2 38 August 12, 2025 Page 1 of 2 Resolution No. 2025-
RESOLUTION NO. 2025-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROCKLIN
APPROVING AND AUTHORIZING THE CITY ATTORNEY TO EXECUTE
AMENDMENT NO. 3 TO THE AGREEMENT BETWEEN THE CITY OF
ROCKLIN AND ROBBINS AND HOLDAWAY FOR LEGAL SERVICES
WHEREAS, the City wishes to increase the stock of affordable housing in the City; and
WHEREAS, after consultation with the City Attorney, the use of outside legal counsel is advisable to aid with compliance with the specialized, and necessary legal requirements associated with affordable housing agreements and related principles of law; and
WHEREAS, such specialized legal services are relevant and critical with respect to various issues and projects, including but not limited to the City’s agreement with Community HousingWorks to construct a 110-unit affordable housing complex on Oak and Pine streets; and
WHEREAS, the City entered into a contract with Robbins and Ho ldaway to provide legal counsel related to affordable housing on March 10, 2022 for a not to exceed amount of $49,000; and
WHEREAS, the City entered into Amendment No. 1 on October 21, 2022 , to increase the not to exceed amount of the $74,000; and
WHEREAS, the City entered into Amendment No. 2 on January 2, 2024 , to increase the not to exceed amount of the $99,000; and
WHEREAS, the City wishes to enter into Amendment No. 3 to increase the not to exceed amount to $150,000 so Robbins and Holdaway can continue to provide legal services related to affordable housing and so staff can approve payment for invoices submitted by Robbins and Holdaway and accepted by City for legal services satisfactorily rendered to date; and
WHEREAS, the City Attorney is the City’s purchasing officer for all contracts for legal services and consistent with Rocklin Municipal Code 3.04.050(B), legal services contracts in excess of $100,000 dollars require the City Council’s approval.
NOW, THEREFORE, the City Council of the City of Rocklin does resolve as follows:
Section 1. The Recitals are true and correct and are incorporated herein by reference.
39 August 12, 2025 Page 2 of 2 Resolution No. 2025-
Section 2 . The City Council approves and authorizes the City Attorney to execute Amendment No. 3 to the agreement with Robbins and Holdaway in a form attached as Exhibit A.
PASSED AND ADOPTED this 12th day of August, 2025, by the following vote:
AYES: Councilmembers
NOES: Councilmembers:
ABSENT: Councilmembers:
ABSTAIN: Councilmembers:
Jill Gayaldo, Mayor
ATTEST:
___________________________
Avinta Singh, City Clerk
40 41
42 43
44 45
46 47
48 49
Amendment No. 1 to Contract for Services Page | 1 AMENDMENT NO. 1
TO CONTRACT FOR SERVICES BETWEEN THE CIT Y OF ROCKLIN
AND ROBBINS AND HOLDAWAY GROUP DATED EFFECTIVE MARCH 11, 2022 This Amendment is entered into as of the ____ day of October, 2022, by and between the City of Rocklin, a municipal corporation (“City”) and Robbins and Holdaway (“Contractor”), who agree as follows:
RECITALS
WHEREAS, the parties entered into a Contract for Services on March 11, 2022, to provide special counsel legal services (hereafter “Agreement”); and WHEREAS, the parties wish to increase the not to exceed amount provided therein.
AGREEMENT
NOW, therefore, the City and Contractor hereby agree to amend the Contract as follows:
1. The section of the Agreement entitled “ Fees” subsection is amended to reflect the compensation for the Agreement shall not exceed the total sum of seventy-four thousand dollars ($74,000).
Except as set forth in this Amendment, the Contract is unaffected and shall continue in full force and effect in accordance with its terms. If there is a conflict between this Amendment and the Contract, the terms of this Amendment will prevail.
Executed as of the date first written above.
CITY OF ROCKLIN
By: _____________________________
Aly Zimmermann, City Manager
CONTRACTOR
By: ____________________________
Print Name: Diane E. Robbins
Title: CEO
DocuSign Envelope ID: 712A2B3E-CAE7-487A-816F-53F6DFC51AAC 10/21/2022 | 4:59 PM PDT
50 Amendment No. 1 to Contract for Services Page | 2
By:______________________________
Print Name: Richard E Holdaway
Title: Secretary
APPROVED AS TO FORM:
By: ____________________________
Sheri Chapman, City Attorney
ATTEST:
By: ____________________________
Hope Ithurburn, City Clerk
DocuSign Envelope ID: 712A2B3E-CAE7-487A-816F-53F6DFC51AAC 51 AMENDMENT NO. 2
TO THE AGREEMENT BETWEEN
THE CITY OF ROCKLIN AND ROBBINS AND HOLDAWAY
This Amendment is entered into on ______________________________, by and between the City of Rocklin, a municipal corporation (“City”) and Robbins and Holdaway (“Contractor”) who agree as follows:
RECITALS
WHEREAS, City and Contractor entered into an Agreement dated March 11, 2022, to provide special counsel legal services; and
WHEREAS, the City and Contractor agree to amend the Agreement to increase the not to exceed amount provided therein.
AGREEMENT
NOW, therefore, the City and Contractor hereby agree to amend the Agreement as follows:
1. The section of the Agreement entitled “Fees” is amended to reflect the compensation under the Agreement shall not exceed ninety-nine thousand dollars ($99,000).
Except as set forth in this Amendment, the Agreement is unaffected and shall continue in full force and effect in accordance with its terms. If there is a conflict between this Amendment and the Agreement, the terms of this Amendment will prevail.
Executed as of the date first written above.
“CITY”
By: ___________________________
Aly Zimmermann, City Manager
“CONTRACTOR”
By: __________________________
Diane E. Robbins, CEO
By: __________________________
Richard E. Holdaway, Secretary
APPROVED AS TO FORM:
By: ___________________________
Daniel Cucchi, Interim City Attorney
ATTEST:
By: ___________________________
Haley Reid, Acting City Clerk
DocuSign Envelope ID: CC853790-A8DF-455D-AD05-CFEB69FF19CE 1/4/2024 | 11:43 AM PST
52 City Council
Staff Report
Subject:
Affordable Housing Agreement for Estia at Rocklin
Date:
August 12, 2025
Submitted By:
Elizabeth Sorg, Assistant to the City Manager
David Mohlenbrok, Community Development Director
Andrew Keys, Assistant City Manager
Department:
City Manager's Office
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Approving the Estia at Rocklin Affordable Housing Regulatory Agreement and Declaration of Restrictive Covenants and Authorizing the City Manager to Execute the Agreement.
Background:
On September 27, 2022, the City Council of the City of Rocklin approved the design review for a 181 single-story apartment home project on the northwest corner of University Avenue and Sunset Boulevard, otherwise known as Estia (APN 017-276-007). This project required a General Plan Amendment and changed the land use designation from Business Professional to Medium High Density Residential. As a condition of approval, 18 of the 181 units (9.95 percent) would be set aside for renters with a household income at 80% of the Area Median Income (AMI) or less.
On October 10, 2023, the project proponent returned to City Council to seek further approval to modify their plans to replace some of the single unit and duplexes initially proposed with four-plex and eight-plex buildings instead. This brought the total number of units up to 200 and the number of affordable units up to 20. The City Council approved these modifications and the project proceeded with 20 affordable units.
Prior to the issuance of improvement plans, the developer is required to enter into an affordable housing agreement with the City to provide the 20 affordable units as required by the conditions of approval. The applicable condition of approval reads:
23. Affordable Housing
Prior to the issuance of improvement plans, the developer shall enter into an agreement with the City to provide a minimum of 10% (twenty [20] units) of affordable housing to include qualifying units in the lower income category (e.g., Item Number C5.
53 80% or under Area Median Income (AMI), for a term of fifty-five (55) years, in a form to the satisfaction of the City Attorney and Community Development Director.
The affordability restriction shall be recorded against the property, to the satisfaction of the City Attorney."
Staff has worked with the project proponent and drafted an affordable housing agreement (Attachment 2) which secures the 20 units at an affordable price for qualified applicants at 80% or less AMI. The Agreement requires annual noticing to the City to provide information about rental rates and occupancy. This agreement will be recorded against the property to ensure compliance for the 55-year term.
Staff recommends that the City Council adopt the Resolution (Attachment 1) approving and authorizing the City Manager to execute and to have recorded the Regulatory Agreement and Declaration of Restrictive Covenants for the affordable units at Estia.
Fiscal Impact:
There is no direct fiscal impact to the staff recommendation.
ATTACHMENTS:
1. Resolution
2. Resolution Exhibit A - Affordable Housing Regulatory Agreement (Estia at Rocklin) 54 August 12, 2025 Page 1 of 2 Resolution No. 2025-
RESOLUTION NO. 2025-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROCKLIN
APPROVING THE ESTIA AT ROCKLIN AFFORDABLE HOUSING
REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE
COVENANTS AND AUTHORIZING THE CITY MANAGER TO
EXECUTE THE AGREEMENT
WHEREAS, pursuant to Resolution No. 2022-195, Estia at Rocklin Design Review, approved by the City Council of the City of Rocklin on September 27, 2022 , the City Council required the applicant of the Estia at Rocklin project to preserve approximately 10% of the units to be rented at an affordable rate to an income qualified applicant for a total of 18 units; and
WHEREAS, as a condition of approval, the applicant is required to record the affordable housing agreement, to the satisfaction of the City Attorney, prior to the approval of improvement plans; and
WHEREAS, pursuant to Resolution No. 2023-161, Estia at Rocklin Design Review Modification, approved by the City Council of the City of Rocklin on October 10, 2023, the number of affordable units increase d to 20 total units due to an increase in the total number of approved units for the project; and
WHEREAS, the owner of the property, TI Investors of Rocklin Apartments LLC, has engaged with city staff to draft the Regulatory Agreement and Declaration of Restrictive Covenants and has agreed to all the terms in the Agreement; and
WHEREAS, the City Attorney finds the proposed agreement meets the Affordability Requirements outlined in the applicable condition of approval.
NOW, THEREFORE, the City Council of the City of Rocklin does hereby resolve as follows:
Section 1. The City Council of the City of Rocklin approves the Regulatory Agreement and Declaration of Restrictive Covenants in substantially the form as attached hereto as Exhibit A.
Section 2. The City Council of the City of Rocklin authorizes the City Manager to execute the agreement and to cause the same to be recorded in the Placer County Office of the Recorder.
55 August 12, 2025 Page 2 of 2 Resolution No. 2025-
PASSED AND ADOPTED this 12th day of August, 2025, by the following vote:
AYES: Councilmembers:
NOES: Councilmembers:
ABSENT: Councilmembers:
ABSTAIN: Councilmembers:
Jill Gayaldo, Mayor
ATTEST:
Avinta Singh, City Clerk
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No fee for recording pursuant to Government
Code Section 27383
RECORDING REQUESTED BY AND
WHEN RECORDED MAIL TO:
City of Rocklin
Attention: City Clerk and Housing Division
3970 Rocklin Road
Rocklin, California 95677
Space Above this Line for Recorder’s Use
REGULATORY AGREEMENT AND
DECLARATION OF RESTRICTIVE COVENANTS
(Estia at Rocklin)
This Regulatory Agreement and Declaration of Restrictive Covenants (the “Agreement”) is made and entered into as of _____________________ (“Effective Date”), by and between the City of Rocklin , a California municipal corporation (“ City”), and TI Investors of Rocklin Apartments LLC, a California Limited Liability Company (“Owner”), with reference to the following recitals of fact. City and Owner may be individually referred to herein as a “Party,” and collectively as “Parties.”
RECITALS
A. WHEREAS, Owner is the fee title owner in the real property described in Exhibit A, attached hereto, and incorporated herein by reference (the “Property”); and
B. WHEREAS, in connection with the development of a 200-unit apartment project known as “Estia at Rocklin” (the “Project”), the City Council of the City adopted Resolution No. 202 3-161 approving a design review to modify an approved project (the “Council Resolution”);
C. WHEREAS, pursuant to Condition B.23 of the Council Resolution, the Project shall be subject to an affordability regulatory agreement restricting 10% of the Project’s units, or 20 units at the Project (the “Affordability Condition”); and
D. WHEREAS, City and Owner desire to enter into this Agreement to satisfy the Affordable Condition by imposing affordability restrictions on 2 0 units at the Project as more fully set forth herein.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
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1. Definitions. The following terms have the respective meanings assigned to them in this Agreement.
1.1 “Agreement” means this Regulatory Agreement and Declaration of Restrictive Covenants.
1.2 “City” means the City of Rocklin.
1.3 “Code” means the municipal code of the City of Rocklin.
1.4 “CTCAC” means the California Tax Credit Allocation Committee or any successor agency thereto.
1.5 "Event of Default” shall have the meaning set forth in Section 7.1, below.
1.6 “Indemnitees” shall have the meaning set forth in Section 8, below.
1.7 “Low-Income Household” means a household whose income does not exceed 80% of Median Income applicable to Placer County, adjusted for family size, as published and annually updated b y the United States Department of Housing and Urban Development pursuant to Section 8 of the United States Housing Act of 1937, and as published annually by CTCAC. If such income determinations are no longer published, or are not updated for a period of at least eighteen (18) months, then the City will provide other income determinations that are reasonably similar with respect to methods of calculations to those previously published by the state or provide an adequate substitute manner for determining the Median Income.
1.8 “Low-Income Units” means the Units which, pursuant to Section 2, below, are required to be occupied by Low-Income Households.
1.9 “Median Income ” means the median income adjusted for household size applicable to Placer County as determined annually by the United States Department of Housing and Urban Development as calculated in accordance with the applicable rules and regulations of the California Tax Credit Allocation Committee. If such income d eterminations are no longer published, or are not updated for a period of at least eighteen (18) months, then the City will provide other income determinations that are reasonably similar with respect to methods of calculations to those previously published by the state or provide an adequate substitute manner for determining the Median Income.
1.10 “Owner” means TI Investors Rocklin Apartments LLC, a California Limited Liability Company, or its successor in interest.
1.11 “Property” means the real property described in Exhibit A attached hereto.
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1.12 “Project” means the 2 00-unit apartment complex located at the Northwest corner of University Avenue and Sunset Boulevard (APN 017 - 276-010-000), in the City of Rocklin, Placer County, California.
1.13 “Rent” means the monthly total of payments by the tenants of a Unit for the following: use and occupancy of the Unit and associated facilities, including parking; the separately charged fees or service charges assessed by Owner which are required of all tenants, other than security deposits; the cost of an adequate level of service for utilities paid by the Tenant, including garbage collection, sewer, wa ter, electricity, gas and other heating, cooking and refrigeration fuel, but not telephone service, internet or television; any other interest, taxes, fees or charges for use of the land or associated facilities and assessed by a public or private entity other than Owner, and paid by the Tenant.
1.14 “Tenant” means an occupant of the Units.
1.15 “Term” means the period of time beginning on the date of the issuance of the last certificate of occupancy for the Units and ending 55 years thereafter.
1.16 “Unit” means each of the 20 multifamily rental units of the Project that will be constructed on the Property as Low-Income Units.
2. Affordability Covenants.
2.1 Occupancy Requirement. 20 of a total of 2 00 Units in the Project shall be occupied by Low-Income Households.
2.2 Allowable Rent. Subject to Section 2.4 below, the monthly Rent charged for the Low-Income Units shall not exceed one -twelfth of 30% of 80% of the Median Income applicable to Placer County, adjusted for assumed household size.
2.3 Lease Provisions . The lease for all Low-Income Units shall include provisions which authorize Owner to immediately terminate the tenancy of any Household one or more of whose members misrepresented any fact material as to the Household’s qualification as a Low-Income Household, to the fullest extent allowed by applicable laws, rules and regulations. Each lease or rental agreement of a Low-Income Unit shall also provide that the Household is subject to annual certification in accordance with Section 4, below.
2.4 Calculation of Rents. The Rent levels, income limits and household size set forth in this Regulatory Agreement shall be calculated in accordance with the applicable rules, regulations and procedures of CTCAC. Owner shall provide City with notice annually of the then -applicable Rent levels. If such 59 S-4
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CTCAC rent schedules are no longer published, no longer applicable, or are not updated for a period of at least eighteen (18) months, then the City will provide other rent schedules that are reasonably similar with respect to methods of calculations to those previously published by the state or provide an adequate substitute manner for determining the maximum Rent for the applicable Unit.
3. Operation and Maintenance of the Project.
3.1 Residential Use . The Project shall be operated for residential use (and related facilities such as common areas, parking facilities and similar amenities) only in accordance with the Code. No part of the Project shall be operated as transient housing or commercial use other than otherwise required by law.
3.2 Taxes and Assessments. Owner shall pay all taxes, assessments, charges, fees, and all franchise, income, employment, old age benefit, withholding, sales, and other taxes, and other governmental charges, levied, imposed, or assessed against it, or payable by it, i ts income, or the Property otherwise due and payable, at such times and in such manner as to prevent any penalty from accruing, or any lien or charge from attaching to the Property; provided, however, owner shall have the right to contest, in good faith , any such taxes, assessments, or charges by appropriate proceedings and for which adequate reserves have been provided in accordance with generally accepted accounting principles. In event Owner exercises its right to contest any tax, assessment or ch arge, Owner, upon final determination of the preceding, shall immediately pay or discharge any judgment rendered against it, together with all costs, charges and interest. Nothing in this Agreement shall in any way prohibit, limit or condition Owner’s r ight to apply for and receive a partial or total abatement of property taxes, including, without limitation, any abatement available pursuant to Sections 214(g) and/or 236 of the California Revenue and Taxation Code.
3.3 Management and Maintenance . Owner shall operate and manage the Property in the same manner as is customary and usual in the operation and management of affordable apartment communities generally. Owner shall maintain the Project in good repair and condition, and in a neat, clean , and orderly condition, including walkways, driveways, alley ways and landscaping, and, from time to time, make all necessary and proper repairs, renewals, and replacements to all improvements, including the buildings and building systems with the Project.
3.3.1 Management, Maintenance, and Service Responsibilities . Owner shall be responsible for all management, maintenance, and service functions with respect to the Property and the Project, including without limitation the certification and recert ification of household income and eligibility, evictions, collection of rents and deposits, 60 S-5
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maintenance, landscaping, routine and extraordinary repairs, replacement of capital items, and security. City shall have no responsibility for management, maint enance, or service of the Property or the Project.
3.3.2 Repair, Maintenance and Security . Owner shall at its own expense, maintain the Property and the Project in good physical condition, in good repair, and in decent, safe, sanitary, habitable and t enantable living conditions in conformity with all applicable state, federal, and local laws, ordinances, codes, and regulations, reasonable wear and tear accepted. Without limiting the foregoing, Owner agrees to maintain the Project and the Property (including without limitation, the Units, common areas, meeting rooms, landscaping, driveways, commercial building(s) and areas, parking areas and walkways) in a condition free of all waste, nuisance, debris, unmain tained landscaping, graffiti, disrepair, abandoned vehicles/appliances, and illegal activity, and shall take all reasonable steps to prevent the same from occurring on the Property or at the Project. Owner shall prevent and/or rectify any physical dete rioration of the Property and the Project and shall make all repairs, renewals and replacements necessary to keep the Property and the Project located thereon in good condition and repair.
3.3.3 City’s Right to Perform Maintenance . In the event that O wner breaches any of the covenants contained in Section 3.3.2, and such default continues for a period of ten (10) days after written notice from City (with respect to graffiti, debris, and waste material) or thirty (30) days after written notice from City (with respect to landscaping, building improvements and general maintenance), provided that, if a cure cannot reasonably be effected within such 30 -day period and so long as Owner commences a cure within thirty (30) days after receipt of such notice and thereafter diligently and expeditiously proceeds to cure such breach to completion, then such 30 -day period will be extended for such time as is reasonably necessary for Owner in the exercise of due diligence to cure such breach but not to exceed ninet y (90) days without approval of the City which approval shall not be unreasonably withheld, conditioned or delayed. If such breach is not cured as provided above, then City, in addition to any other remedy it may have under this Agreement or at law or in equity, shall have the right, but not the obligation, to enter upon the Property and perform all acts and work necessary to protect, maintain, and preserve the im provements and the landscaped areas on the Property. All costs expended by City in connection with the foregoing, shall constitute indebtedness, and shall be paid by Owner to City upon demand. All such sums remaining unpaid thirty (30) days following del ivery of City’s invoice therefore shall bear interest at the lesser of 10% per annum or the highest rate permitted by applicable law. The rights and remedies of 61 S-6
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City set forth herein shall be in addition to any right or remedy the City may have in the exercise of the City’s police powers and nothing herein shall in any way be deemed to limit or abrogate any police or other power the City may have at law.
3.4 Non-Discrimination; Compliance with Fair Housing Laws.
3.4.1 Fair Housing. Owner shall com ply with state and federal fair housing laws in the marketing and rental of the Units in the Project subject to Sections 2.1 and 2.2 of this Agreement. Owner shall accept as tenants, on the same basis as all other prospective tenants, persons who are recipients of federal certificates or vouchers for rent subsidies pursuant to the existing Section 8 program or any successor thereto.
3.4.2 Non-Discrimination. The Owner covenants by and for itself and any successors in interest that there sh all be no discrimination against or segregation of any person or group of persons, on account of any basis listed in subdivision (a) or (d) of Section 12955 of the Government Code, as those bases are defined in Sections 12926, 12926.1, subdivision (m) and paragraph (1) of subdivision (p) of Section 12955, and Section 12955.2 of the Government Code, or any other impermissible basis under federal, state, or local law in the leasing, subleasing, transferring, use, occupancy, tenure, or enjoyment of the dwelling units at the Property and the Project, nor shall the Owner itself or any person claiming under or through it establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy for the dwelling units of tenants, lessees, subtenants, sublessees or vendees of the Property and the Project or in connection with the employment of persons for the construction, operation and management of the Property, Project, or any Unit on the Property. The foregoing covenants shall run with the land for the duration of this Agreement. All deeds, leases or contracts made or entered into by Owner as to the Units over the Property, or portion thereof, shall contain the following covenants concerning discrimination:
In Deeds:
“The grantee herein covenants by and for itself or himself, his heirs, executors, administrators and assigns, and all persons claiming under or through him, that there shall be no
discrimination against or segregation of any person or group of persons on account of race, color, creed, religion, sex, marital status, national origin, ancestry, any basis listed in subdivision (a) or (d) of Section 12955 of the Government Code, as those bases are defined in Sections 12926, 12926.1, subdivision (m) 62 S-7
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and paragraph (1) of subdivision (p) of Section 12955 and Section 12955.2 of the Government Code, or any other
impermissible basis under federal, state, or local law in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the land herein conveyed, nor shall the grantee himself or any person claiming under or through it or him establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, s ub lessees, subtenants or vendees in the land herein conveyed. The foregoing covenants shall run with the land.
Notwithstanding the above paragraph, with respect to familial status, the above paragraph shall not be construed to apply to housing for older persons, as defined in Section 12955.9 of the Government Code. With respect to familial status, nothing in the above paragraph shall be construed to affect Sections 51.2,
51.3, 51.4, 51.10, 51.11, and 799.5 of the Civil Code, relating to housing for senior citizens. Subdivision (d) of Section 51, Section 4760, and Section 6714 of the Civil Code and
subdivisions (n), (o), and (p) of Section 12955 of the Government Code shall apply to the above paragraph.”
In Leases:
“The lessee herein covenants by and for i tself or himself, his heirs, executors, administrators and assigns, and all persons claiming under or through him, and this lease is made and accepted upon and subject to the following conditions:
That there shall be no discrimination against or segregati on of any person or group of persons on account of race, color, creed, religion, sex, marital status, national origin, ancestry, any basis listed in subdivision (a) or (d) of Section 12955 of the Government Code, as those bases are defined in Sections 12926, 12926.1, subdivision (m) and paragraph (1) of
subdivision (p) of Section 12955 and Section 12955.2 of the Government Code, or any other impermissible basis under federal, state, or local law in the leasing, subleasing, transferring, use, occupancy, tenu re or enjoyment of the land herein leased, nor shall the lessee himself or any person claiming under or through him establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use o r occupancy of tenants, lessees, sub lessees, subtenants or vendees in the land herein leased. The foregoing covenants shall run with the land.
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Notwithstanding the above paragraph, with respect to familial status, the above paragraph shall not be construed to apply to housing for older persons, as defined in Section 12955.9 of the Government Code. With respect to familial status, nothing in the above paragraph shall be construed to affect Sections 51.2,
51.3, 51.4, 51.10, 51.11, and 799.5 of the Civil Code, relating to housing for senior citizens. Subdivision (d) of Section 51, Section 4760, and Section 6714 of the Civil Code and
subdivisions (n), (o), and (p) of Section 12955 of the Government Code shall apply to the above paragraph.”
In Contracts:
“There shall be no discrimination against or segregation of any person or group of persons on account of race, color, creed, religion, sex, marital status, national origin, ancestry, any basis listed in subdivision (a) or (d) of Section 12955 of the Government Code, as those bases are defined in Sections 12926, 12926.1, subdivision (m) and paragraph (1) of
subdivision (p) of Section 12955 and Section 129 55.2 of the Government Code, or any other impermissible basis under federal, state, or local law in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of property, nor shall the contracting party or parties, any subcontracting party or parties, or their respective assigns or transferees establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, sub lessees, subtenants or ve ndees in the land. The foregoing covenants shall run with the land.
Notwithstanding the above paragraph, with respect to familial status, the above paragraph shall not be construed to apply to housing for older persons, as defined in Section 12955.9 of the Government Code. With respect to familial status, nothing in the above paragraph shall be construed to affect Sections 51.2,
51.3, 51.4, 51.10, 51.11, and 799.5 of the Civil Code, relating to housing for senior citizens. Subdivision (d) of Section 51, Section 4760, and Section 6714 of the Civil Code and
subdivisions (n), (o), and (p) of Section 12955 of the Government Code shall apply to the above paragraph.”
3.5 No Condominium Conversion . Owner shall not convert the Units in the Property to condominium or cooperative ownership or sell condominium or cooperative rights to the Units during the Term of this Agreement.
4. Reporting.
4.1 Income Certification and Reporting.
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4.1.1 Owner will obtain, complete, and maintain on final, immediately prior to initial occupancy, and annually thereafter, complete certifications from each Low-Income Household renting any of the Low-Income Units. Owner shall make a good -faith effort to verify that the income provided by an applicant or occupying household income certification is accurate by taking one or more of the following steps as part of the verification process: (1) obtain a pay stub for the most recent pay period, (2) obtain an income tax return for the most recent tax year (3) conduct an income inquiry through a credit reporting agency, (4) obtain an income verification form from the applicant’s current employer, (5) obtain an income verification form from the Social Security Administration or th e California Department of Social Services, if the applicant receives assistance from either of such agencies, (6) if the applicant is unemployed and has no such tax return, obtain another form of independent verification. Copies of tenant income cert ifications shall be made available to City immediately upon request.
4.2 Reserved.
4.3 Annual Report to City. Owner shall submit to City (i) not later than 120 days after the close of each calendar year, a report to City setting forth the status of Owner’s compliance with the requirements of this Agreement, and (ii) within 30 days after receipt of a written request, any other information or completed forms requested by City in order comply with reporting requirements of the State of California.
4.3.1 The Annual Report shall, at a minimum, include the following information for each dwelling unit in the Project: (i) unit number; (ii) number of bedrooms; (iii) current rent, utility, and other charges; (iv) dates of any vacancies during the prev ious year; (v) number of people residing in the unit; (vi) total household Gross Income of residents; (vii) documentation of source of household income; (viii) lease commencement and termination dates; (ix) initial move -in date; and (x) the information required by Section 4.1.
4.3.2 Owner shall include with the Annual Report, an income recertification for each household, documentation verifying tenant eligibility, and such additional information as the City may reasonably request from time to time in order to demonstrate compliance with this Agreement.
The Annual Report shall conform to the format requested by the City.
4.4 Additional Information . Owner shall provide any additional information reasonably requested by the City. Further, Owner shall provide City with any information it requests which City, in its reasonable discretion, deems necessary to ensure Owner’s compliance with this Agreement within 30 days 65 S-10
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of the request (or such longer period as is determined reasonably necessary by both parties to compile any such information). Upon reasonable prior notice of at least ten (10) days advance written notice, City shall have the right to examine all books, records or other documents of Owner, which pertain to any Unit, the Project, or the Property.
4.5 Records. Owner shall maintain complete, accurate and current records pertaining to the Units, the Project, and the Property, and shall permit any duly authorized representative of City, during normal business hours and with reasonable prior written notice as specified in Section 4.4 above , to inspect records, including records pertaining to income and household size of tenant households. All tenant lists, applications and waiting lists relating to the Project shall, at all t imes, be kept separate and identifiable from any other business records of Owner and shall be maintained as required by this Agreement, and reasonable condition for proper audit and subject to examination during normal business hours by representatives of City.
4.5.1 Owner shall maintain tenant leases, income certifications and other matters related to the leasing of the Units for a period of five (5) years after the final date of occupancy by the tenant.
4.5.2 Records must be kept accurate and up -to-date. City shall notify Owner of any records it reasonably deems insufficient. Owner shall have fifteen (15) calendar days from such notice to correct any specified deficiency in the records, or, if more than fifteen (15) days shall be reasonably necessary to correct the deficiency, Owner shall begin to correct the deficiency within fifteen (15) days and diligently pursue the correction of the deficiency as soon as reasonably possible.
4.5.3 With at least 48 -hours’ notice, d uring normal business hours, Owner shall provide City and its authorized agents and representatives access to the books, documents, papers and records of the Project and Units for the purpose of making audits, examinations, excerpts and transcriptions. Owner shall be allowed to have a representative present during any such examination.
5. Reserved.
6. Transfer of Property. Owner shall not transfer the Property to a new Owner unless such transferee has agreed, in writing and in a form suitable for recordation, to be bound by the terms of this Agreement. This Agreement shall inure to the benefit of, and be binding upon, the parties and their respective heirs, successors and assigns.
Owner shall not sell, transfer or otherwise dispose of the Property, any portion thereof, or any interest therein unless the proposed transferee shall have executed and delivered to City an expres s written assumption of all of Owner’s obligations under this Agreement, on a form reasonably acceptable to City. Upon assignment 66 S-11
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and assumption by a successor entity, as approved by City, Owner shall be released from all prospective liability and responsibility under the terms of this Agreement.
7. Defaults and Remedies.
7.1 Event of Default. An Event of Default shall arise hereunder if Owner fails to perform any term, provision, covenant, or obligation under this Agreement and fails to cure such default within thirty (30) days after City has notified Owner in writing of the default, or if the default cannot be reasonably cured within thirty (30) days, and so long as Owner commences a cure within thirty (3) days after receip t of such notice and thereafter diligently proceeds to cure and completed such cure, then such thirty (30) day period to cure shall be extended for us to (90) days, or such longer period as City may approve, which approval shall not be unreasonably, withheld, conditioned or delayed.
7.2 Remedies.
7.2.1 If within the applicable cure period, Owner fails to cure an Event of Default or fails to commence to cure and diligently pursue completion of a cure, as applicable, City may proceed with any of the fol lowing remedies:
(a) Bring an action for equitable relief seeking the specific performance of the terms and conditions of this Agreement, and/or enjoining, abating, or preventing any violation of such terms and conditions, and/or seeking declaratory relief;
(b) For violations of obligations with respect to rents for the Units, impose as a charge, to be payable to City, in an amount equal to the actual amount collected in excess of the Rent as applicable;
(c) Bring an action for damages; and/or
(d) Pursue any other remedy allowed at law or in equity.
7.2.2 Each of the remedies provided herein is cumulative and not exclusive. The City may exercise from time to time any rights and remedies available to it under applicable law or in equity, in addition to, and not in lieu of, any rights and remedies expressly provided in this Agreement. Any failure or delay by City in asserting any of its rights or remedies, including specific performance, as to any Event of Default shall not operate as a waiver of an y default or of any such rights or remedies or deprive City of its right to institute and maintain any actions or proceedings which it may deem necessary to protect, assert or enforce any such rights or remedies.
7.3 Cure by Lender or Limited Partner . City agrees to accept a cure made by Owner’s lenders and/or limited partners on the same basis as if such cure 67 S-12
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was tendered by Owner.
8. Indemnification. Owner, for itself and all assigns hereunder, hereby agrees to indemnify, defend (with counsel reasonably selected by the City) and hold harmless the City, its City Council, boards, commissions, members, officers, directors, representatives, consultants, agents and employees, individually and collectively (“Indemnitees”) against any and all claims, suits, actions, losses, damages, liability, and expenses (including reasonable attorneys’ fees) of every kind, nature and description made against all or any of the Indemnitees (collectively “Claims”) which arise out of or in connection with, directly or indirectly, Owner’s performance or non- performance of its duties and obligations under this Agreement caused in whole or in part by any negligent act or omission of Owner, any contractor, any subcontractor, anyone directly or indirectly employed by any of them, or anyone for whose acts any of them may be liable, except where caused by the sole negligence or willful misconduct of the Indemnitees. The provisions of this section shall survive the expiration or earlier termination of this Agreement. The obligations of Owner to indemnify the Indemnitees shall survive any foreclosure proceeding, any foreclosure sale, any delivery of any deed in lieu of foreclosure, any release of record of a lien of a deed of trust, and this Agreement.
9. Miscellaneous.
9.1 Covenants. The provisions contained in this Agreement are covenants which subject and burden the Property, as covenants running with the land.
It is intended and agreed that the agreements and covenants provided in the Agreement shall be covena nts running with the land and equitable servitudes on the land and that they shall, in any event, and without regard to technical classifications or designation be binding, to the fullest extent permitted by law and equity, for the benefit and in favor of, and enforceable by, the City, the City’s successors and assigns, any other governmental entity acting within its authority and any successor in interest to all or any part of the Property against the Owner, its successors and assigns and every successor in interest to all or any part of the Property, regardless of any sale, assignment, refinancing, conveyance or transfer of the Property, or any part thereof or interest therein, whether a change in interest occurs voluntarily or involuntarily, by operation of law or otherwise, except as expressly released by City. References in this Agreement to Owner shall include all such successors, assigns, occupants, transferees, and any other party over which Owner can enforce its rights concerning such covenants.
Any successor -in-interest to Owner, including without limitation any purchaser, transferee or lessee of the Property (other than the tenants of the individual Units) shall be subject to all of the duties and obligations imposed hereby for the f ull term of this Agreement. Each and every contract, deed, lease or other instrument affecting or conveying the Property or Units or any part thereof, shall conclusively be held to have been executed, delivered and accepted subject to the covenants, restri ctions, duties and obligations set 68 S-13
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forth herein, regardless of whether such covenants, restrictions, duties and obligations are set forth in such contract, deed, lease or other instrument. If any such contract, deed, lease or other instrument has been exec uted prior to the date hereof, Owner hereby covenants to obtain and deliver to City an instrument in recordable form signed by the parties to such contract, deed, lease or other instrument pursuant to which such parties acknowledge and accept this Agreement and agree to be bound hereby.
Owner agrees for itself and for its successors that in the event that a court of competent jurisdiction determines that the covenants herein do not run with the land, such covenants shall continue to be enforced as equitabl e servitudes against the Property, or any part thereof or interest therein, in favor of City.
9.2 Rights of Mortgagee . No violation of any provision contained herein shall defeat or render invalid the lien of any mortgage or deed of trust made in good faith and for value upon all or any portion of the Project or the Property, and the purchaser at any trustee’s sale or foreclosure sale shall not be liable for any violation of any provision hereof occurring prior to the acquisition of title by such purchaser. Su ch purchaser shall be bound by and subject to this Agreement from and after such trustee’s sale or foreclosure sale. Promptly upon determining that a violation of this Agreement has occurred, City shall give written notice to the holders of record of any mortgages or deeds of trust encumbering the Project or the Property that such violation has occurred.
9.3 Parties Not Co -Venturers; No City Relationship . Nothing in this Agreement is intended to or shall establish the Parties as partners, co -venturers, or principal and agent with one another. The relationship of Owner and City shall not be construed as a joint venture, equity venture, partnership or any other relationship. City neither undertakes nor assumes any responsibility or duty to Owner (except as expressly provided in this Agreement) or to any third party with respect to the Project. Owner and its employees are not employees of City. Furthermore, Owner and its employees shall at no time pretend to be or hold themselves out as employees or age nts of City.
Except as City may specify in writing, Owner shall not have any authority to act as an agent of City or to bind City to any obligation.
9.4 Action by the City. Except as may be otherwise specifically provided herein, whenever any approval, notice, direction, consent or request by the City is required or permitted under this Agreement, such action shall be in writing, and such action may be given, made or taken by the City’s City Manager or by any person who shall ha ve been designated by the City’s City Manager, without further approval by the City Council.
9.5 Headings; Construction; Statutory References. The headings of the sections and paragraphs of this Agreement are for convenience only and shall not be used to interpret this Agreement. The language of this Agreement shall be 69 S-14
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construed as a whole according to its fair meaning and not strictly for or against any Party. All references in this Agreement to particular statutes, regulations, ordinances or resolu tions of the United States, the State of California, or the City of Rocklin shall be deemed to include the same statute, regulation, ordinance or resolution as hereafter amended or renumbered, or if repealed, to such other provisions as may thereafter govern the same subject.
9.6 Laws. Nothing contained in this Agreement shall be construed as permitting the violation of any requirement of the federal, state, or local statutes, ordinances, or regulations, including, but not limited to, the laws or rules of the City of Rocklin, it being the intent of this Agreement to impose additional restrictions over and above the requirements of any such ordinances. Owner shall comply with all federal, state, and local laws, rules, regulations, and guidelines.
9.7 Modifications. City and its successors and assigns, and Owner and its successors and assigns, shall have the right to consent and agree to changes in, or to eliminate in whole or in part any of the covenants or restrictions contained in this Agreement without the consent of any tenant, lessee, easement holder, licensee, trustee, or any other person or entity having any interest less than a fee in the Property.
9.8 Attorneys’ Fees. If any legal or administrative action is brought to interpret or enforce the terms of this Agreement, the prevailing Party shall be entitled to recover all reasonable attorneys’ fees and costs incurred in such action.
9.9 Recording and Filing . Ow ner shall cause this Agreement, and all amendments and supplements to it, to be recorded against the Property in the Official Records of the County of Placer.
9.10 Notice of Expiration of Term. At least six (6) months prior to the expiration of the Term, Owner shall provide by first -class mail, postage prepaid, a notice to all Tenants containing (i) the anticipated date of the expiration of the Term, (ii) any anticipated increase in Rent upon the expiration of the Term, and (iii) a statement that a copy of such notice will be sent to the City.
9.11 Governing Law and Venue . This Agreement shall be interpreted, governed and enforced in accordance with the laws of the State of California. Venue of any action arising out of this Agreement shall be brought and maintained in Placer County, California, regardless of where else venue may lie. The parties consent to jurisdiction over their persons and over the subject matter of any such litigation in such court, and consent to service of process is sued by such courts.
9.12 Waiver of Requirements. Any waiver by City of any term or provision of this Agreement must be in writing. No waiver shall be implied from any delay or 70 S-15
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failure by City to take action on any breach or default hereunder or to pursue any remedy allowed under this Agreement or applicable law. No failure or delay by City at any time to require strict performance by Owner of any provision of this Agreement or to exercise any election contained herein or any right, power or remedy hereunder shall be construed as a waiver of any other provision or any succeeding breach of the same or any other provision hereof or a relinquishment for the future of such election.
9.13 Amendments. This Agreement may be amended only by a written instrument executed by the City and the Owner or their successors in title, and duly recorded in the real property records of the County of Placer. All amendments to this Agreement must be approved as to form by the City Attorney.
9.14 Notices. All noti ces that are required to be given by one party to the other under this Agreement shall be in writing and shall be deemed to have been given if delivered personally or enclosed in a properly addressed envelope and deposited in a United States Post Office for delivery by registered or certified mail addressed to the parties at the following addresses:
City: City of Rocklin
3970 Rocklin Road
Rocklin, CA 95677
Attn: City Manager and Housing Division
Copy to: City of Rocklin
3970 Rocklin Road
Rocklin, CA 95677
Attn: City Attorney
E-mail address: [email protected]
Owner: TI Investors of Rocklin Apartments LLC
11060 White Rock Road, Ste 150
Rancho Cordova, CA 95670
Attn: Chris Dickinson
E-Mail address: [email protected]
Copy to: TI Investors of Rocklin Apartments LLC
710 N. Plankinton Avenue, Suite 1200
Milwaukee, WI 53203
Attn: Mark Madigan
E-mail address: [email protected]
Such written notices, demands and communications may be sent in the same manner to such other addresses as the affected party may from time to time designate by mail as provided in this section. Notices shall be deemed delivered upon receipt or refusal thereof, or with respect to e-mail, on the day 71 S-16
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of sending such e -mail if sent before 5:00 p.m. on a business day and, otherwise, on the next business day. Such addresses may be changed by notice to the other party given i n the same manner as provided above. City agrees to provide copies of all notices to Owner to Owner’s limited partner.
9.15 Non-Liability of Officials, Employees and Agents . No member, official, employee or agent of the City shall be personally liable to Owner or any successor in interest, in the event of any default or breach by the City, or for any amount of money which may become due to Owner or its successor or for any obligation of City un der this Agreement. No member, director, employee or agent of Owner shall be personally liable to City, in the event of any default or breach by Owner, or for any amount of money which may become due to City or for any obligation of Owner under this Agreement.
9.16 Non-Discrimination in Employment and Equal Employment Opportunity.
Owner shall not engage in unlawful employment discrimination. Such unlawful employment discrimination includes, but is not limited to, employment discrimination based upon a person’s race, color, ancestry, national origin, religious creed, sex (including pregnancy, childbirth breastfeeding or related medical condition), sexual orientation, gender, gender identity, gender expression, age (over 40), disability (mental and physical), medical condition, marital status, citizenship, and military and veteran status.
9.17 Severability. If any provision of this Agreement shall be deemed invalid, illegal, or unenforceable by a court of competent jurisdiction, the validity, legality and enforceability of the remaining portions of this Agreement shall not in any way be affected or impaired thereby.
9.18 Power and Authority to Enter into Agreement . All parties to this Agreement warrant and represent that they have the power and authority to enter into this Agreement in the names, titles, and capacities herein stated and on behalf of any entities, persons, or firms represented or purported to be represented by such entity(ies), person(s), or firm(s) and that all formal requirements necessary or required by any state and/or federal law in order to enter into this Agreement have been fully complied with. Furthermore, by entering into this Agreement, Owner hereby warrants that it shall not have breached the terms or conditions of any other contract or agreement to which Owner is obligated, which breach would have a material effect hereon.
9.19 Exhibits. All exhibits referred to herein and attached hereto, are by this reference incorporated as if set forth fully herein.
9.20 No Third -Party Beneficiaries . There are no third -party beneficiaries to this Agreement.
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9.21 City’s Acquisition of Fee Title . In the event City acquires fee title to the Property or Project, City may, in its sole discretion by written instrument, terminate, amend or modify this Agreement from time to time as it sees fit.
9.22 Multiple Originals; Counterparts . This Agreement may be executed in multiple originals, each of which is deemed to be an original, and may be signed in counterparts.
[Signatures appear on the following pages]
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IN WITNESS WHEREOF, City and Owner have executed this Agreement on the dates set forth below to be effective on the Effective Date.
CITY:
CITY OF ROCKLIN,
a California municipal corporation
By: _________________________________
Aly Zimmermann, City Manager
APPROVED AS TO FORM:
Matthew McOmber
City Attorney
By: _________________________________
Crystal Hodgson, Assistant City Attorney
ATTEST:
By: _________________________________
Avinta Singh, City Clerk
NOTICE: SIGNATURE(S) MUST BE NOTARIZED
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OWNER: TI INVESTORS OF ROCKLIN
APARTMENTS LLC., a California limited liability
company
By: Towne Realty, Inc., its Manager
By: _______________________________
NOTICE: SIGNATURE(S) MUST BE NOTARIZED
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STATE OF CALIFORNIA )
) SS.
COUNTY OF )
On , before me, , a Notary Public in
and for said State, personally appeared, , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity(ies) upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.
WITNESS my hand and official seal.
Signature of Notary Public [SEAL]
A Notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
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STATE OF CALIFORNIA )
) SS.
COUNTY OF )
On , before me, , a Notary Public in
and for said State, personally appeared, , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity(ies) upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.
WITNESS my hand and official seal.
Signature of Notary Public [SEAL]
A Notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
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EXHIBIT A
LEGAL DESCRIPTION
ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE CITY OF ROCKLIN, COUNTY OF PLACER, STATE OF CALIFORNIA, BEING A PORTION OF SECTION 10, TOWNSHIP 11 NORTH, RANGE 6 EAST, M.D.M.N MORE PARTICULARLY DESCRIBED AS FOLLOWS:
PARCEL 1 OF THE CERTAIN FINAL MAP OF “ESTIA AT ROCKLIN”, FILED IN BOOK 36 OF PARCEL MAPS AT PAGE 127, PLACER COUNTY RECORDS.
78 City Council
Staff Report
Subject:
Affordable Housing Agreement for Quarry Row
Date:
August 12, 2025
Submitted By:
Elizabeth Sorg, Assistant to the City Manager
David Mohlenbrok, Community Development Director
Andrew Keys, Assistant City Manager
Department:
City Manager's Office
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Approving the Affordable Housing Agreement for the Quarry Row project and Authorizing the City Manager to Enter into the Agreement.
Background:
On January 21, 2021, the City Council approved the Tentative Subdivision Map (TSM) for a
7.4 acre housing development on the corner of Pacific and Grove Street. This development, called Quarry Row, required a General Plan Amendment due to a reduction in density for the site. Because of this reduction in density, as a condition of approval the project is required to sell approximately 10%, or seven total units, at an affordable purchase price to income qualified buyers. The condition is included below:
Affordability Requirement
The project shall record an affordability regulatory agreement for these lots, or equivalent, to the satisfaction of the City Attorney, prior to approval of the Final Map. Said contract shall include the following provisions:
1 .
The Developer would be required to initially sell a minimum of seven (7) of the units to a person or family earning (80% or Less AMI) and at a price affordable to said persons as calculated by the City. Both the actual sales price and income eligibility of the buyers to be verified by the City.
2 .
The contract or deed restriction over the affordable properties is to run with the land and obligate the buyer(s) of each of the affordable properties. 3 .
Subsequent to the original sale of each affordable unit by the developer to a qualified buyer, further sales of each affordable property would be permitted at market rates provided any sale of one of the properties before five (5) years from the original sell date would entitle the City to 100% of any equity that is created between the then applicable affordable sale price and whatever market rate price the property sells for at the time it is first resold. A sale after five (5) years of ownership would entitle the City to 50% of the Item Number C6.
79 equity created between the then applicable affordable sale price and whatever market rate price the property sells for at the time it is first resold. Subsequent sales of each affordable unit beyond the original first resale by the original purchaser (or heir) would not trigger an equity share requirement with the City.
Prior to the recording of the Final Map, the developer must record an affordable housing regulatory agreement for the seven identified affordable lots. Staff has drafted an affordable housing regulatory agreement, included as Attachment 2 to this staff report, to be executed and recorded in compliance with the condition of approval. The developer and their legal counsel have approved the terms presented.
Staff recommends the City Council adopt the Resolution authorizing the execution of the affordable housing agreement, which is included as Attachment 1. The Resolution also authorizes the City Manager to cause the agreement to be recorded.
Fiscal Impact:
The is no direct fiscal impact to the staff recommendation.
ATTACHMENTS:
1. Resolution
2. Resolution Exhibit A - Affordable Housing Agreement (Quarry Row) 80 RESOLUTION NO. 2025-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROCKLIN
APPROVING THE QUARRY ROW AFFORDABLE HOUSING
AGREEMENT AND AUTHORIZING THE CITY MANAGER
TO EXECUTE THE AGREEMENT
WHEREAS, pursuant to Resolution No. 2021 -20, Quarry Row Tentative Subdivision Map (SD2016 -0003), approved by the City Council of the City of Rocklin on January 26, 2021, the City Council required the applicant of the Quarry Row project to enter into an affordable housing agreement restricting the sale of 10% or seven total units to be sold to those earning 80% or less of the Area Median Income; and
WHEREAS, as a condition of approval, the applicant is required to record the affordable housing agreement, to the satisfaction of the City Attorney, prior to the approval of the final map; and
WHEREAS, the owner of the property, KB Home Sacramento, has engaged with city staff to set the procedures for the sale of the affordab le units and agreed to the terms for sale of the units; and
WHEREAS, the City Attorney finds the prop osed agreement meets the Affordability Requirements outlined in the applicable condition of approval.
NOW, THEREFORE, the City Council of the City of Rocklin does hereby resolve as follows:
Section 1. The City Council of the City of Rocklin approves the Affordable Housing Agreement in substantially the form as attached hereto as Exhibit A.
Section 2. The City Council of the City of Rocklin authorizes the City Manager to execute the agreement and to cause the same to be recorded in the Placer County Office of the Recorder.
PASSED AND ADOPTED this 12th day of August, 2025, by the following vote:
AYES: Councilmembers:
NOES: Councilmembers:
ABSENT: Councilmembers:
ABSTAIN: Councilmembers:
Jill Gayaldo, Mayor
ATTEST:
Avinta Singh, City Clerk
81 82
83 84
85 86
87 88
89 90
91 92
93 94
95 EXHIBIT A
LEGAL DESCRIPTION OF PROPERTY
PARCEL ONE:
A PORTION OF THE WEST HALF OF THE SOUTHWEST QUARTER OF SECTION 17, TOWNSHIP 11 NORTH, RANGE 7 EAST, MDB&M., COMMENCING AT A POINT FORMED
BY THE INTERSECTION OF THE SOUTHEASTERLY LINE OF THE STATE HIGHWAY,
RUNNING FROM THE TOWN OF ROCKLIN TO THE CITY OF AUBURN IN SAID COUNTY
OF PLACER, AND THE EAST LINE OF THE COUNTY ROAD RUNNING ALONG THE NORTH AND SOUTH LINE BETWEEN SAID SECTION 17 AND THE ADJOINING SECTION 18; RUNNING THENCE NORTHEASTERLY ALONG THE SOUTHEASTERLY LINE OF SAID STATE HIGHWAY A DISTANCE OF 350 FEET; THENCE SOUTH PARALLEL WITH THE EAST LINE OF SAID COUNTY ROAD, A DISTANCE OF 250.00 FEET; THENCE
SOUTHWESTERLY PARALLEL WITH THE SOUTHEASTERLY LINE OF SAID STATE HIGHWAY A DISTANCE OF 350.00 FEET TO THE EAST LINE OF SAID COUNTY ROAD,
AND THENCE NORTH ALONG THE EAST LINE OF SAID COUNTY ROAD TO THE POINT OF COMMENCEMENT.
EXCEPTING THEREFROM THAT PORTION THEREOF DESCRIBED AS FOLLOWS:
BEGINNING AT A POINT ON THE EAST LINE OF COUNTY ROAD WHICH POINT THE SOUTHWEST CORNER OF SECTION 17, TOWNSHIP 11 NORTH, RANGE 7 EAST, MDB&M., BEARS SOUTH 0 DEG. 22 MIN. WEST 669.42 FEET; AND THE SOUTH CORNER OF ORIGINAL DANCE HALL PROPERTY BEARS SOUTH 0 DEG. 22 MIN. WEST 153.82 FEET; AND RUNNING ALONG EAST LINE OF COUNTY ROAD NORTH 0 DEG. 22 MIN.
EAST 54.78 FEET TO SOUTH LINE OF NEW 90 FOOT STATE HIGHWAY, FROM WHICH POINT A CONCRETE MONUMENT AT SOUTH END OF CURVE BEARS SOUTH 45 DEG. 26 MIN. 35 SEC. WEST 27.60 FEET AND THE SOUTH LINE OF OLD STATE HIGHWAY BEARS NORTH 0 DEG. 22 MIN. EAST 41.40 FEET; THENCE ALONG SOUTH LINE OF NEW HIGHWAY ON A CURVE TO THE RIGHT WITH A RADIUS OF 4950 FEET ON AN ARC, THE CHORD OF WHICH BEARS NORTH 47 DEG. 46 MIN. 50 SEC. EAST FOR 376.21 FEET; THENCE SOUTH 40 DEG. 02 MIN. 30 SEC. EAST 7.47 FEET TO THE SOUTH LINE OF OLD STATE HIGHWAY; THENCE SOUTH 0 DEG. 22 MIN. WEST 250 FEET; THENCE PARALLEL TO OLD STATE HIGHWAY SOUTH 54 DEG. 00 MIN. WEST 259.82 FEET; THENCE NORTH 14 DEG. 36 MIN. WEST 93.02 FEET; THENCE NORTH 77 DEG. 24 MIN.
WEST 49.73 FEET TO THE POINT OF BEGINNING. ALSO EXCEPTING THEREFROM ANY PORTION LYING WITHIN TAYLOR ROAD NO. D 2040.
ALSO EXCEPTING THEREFROM ANY PORTION THEREOF DESCRIBED IN THAT CERTAIN "JUDGMENT QUIETING TITLE AND PERMANENT RESTRAINING ORDER" FILED OCTOBER 26, 1981 IN SUPERIOR COURT OF CALIFORNIA IN AND FOR THE COUNTY OF PLACER, CASE NO. 60141, BERNARD COKER ET UX, PLAINTIFFS VS. F.
EARL CORIN, ET AL, RECORDED OCTOBER 27, 1981 IN BOOK 2446 AT PAGE 313, 96 PLACER COUNTY OFFICIAL RECORDS.
PARCEL TWO:
BEGINNING AT A POINT ON THE EAST LINE OF COUNTY ROAD, FROM WHICH POINT THE SOUTHWEST CORNER OF SECTION 17, TOWNSHIP 11 NORTH, RANGE 7 EAST, MDB&M, BEARS SOUTH 0 DEG. 22 MIN. WEST 669.42 FEET; AND THE SOUTH CORNER OF ORIGINAL DANCE HALL PROPERTY BEARS SOUTH 0 DEG. 22 MIN. WEST 153.82 FEET; AND RUNNING ALONG EAST LINE OF COUNTY ROAD NORTH 0 DEG. 22 MIN.
WEST 54.78 FEET TO SOUTH LINE OF NEW 90 FOOT STATE HIGHWAY FROM WHICH POINT A CONCRETE MONUMENT AT SOUTH END OF CURVE BEARS SOUTH 45 DEG. 26 MIN. 35 SEC. WEST 27.60 FEET AND THE SOUTH LINE OF OLD STATE HIGHWAY BEARS NORTH 0 DEG. 22 MIN. EAST 41.40 FEET; THENCE ALONG SOUTH LINE OF NEW HIGHWAY ON A CURVE TO THE RIGHT WITH A RADIUS OF 4950 FEET ON AN ARC, THE CHORD OF WHICH BEARS NORTH 47 DEG. 46 MIN. 50 SEC. EAST FOR 376.21 FEET; THENCE SOUTH 40 DEG. 02 MIN. 30 SEC. EAST 7.47 FEET TO THE SOUTH LINE OF OLD STATE HIGHWAY; THENCE SOUTH 0 DEG. 22 MIN. WEST 250 FEET; THENCE PARALLEL TO OLD STATE HIGHWAY SOUTH 54 DEG. 00 MIN. WEST 259.82 FEET; THENCE NORTH 14 DEG. 36 MIN. WEST 93.02 FEET; THENCE NORTH 77 DEG. 24 MIN.
WEST 49.73 FEET TO THE POINT OF BEGINNING.
EXCEPTING THEREFROM ANY PORTION THEREOF DESCRIBED IN THAT CERTAIN "JUDGMENT QUIETING TITLE AND PERMANENT RESTRAINING ORDER" FILED OCTOBER 26, 1981 IN SUPERIOR COURT OF CALIFORNIA IN AND FOR THE COUNTY OF PLACER, CASE NO. 60141, BERNARD COKER ET UX, PLAINTIFFS VS. F. EARL CORIN, ET AL, RECORDED OCTOBER 27, 1981 IN BOOK 2446 AT PAGE 313, PLACER COUNTY OFFICIAL RECORDS.
PARCEL THREE:
A PORTION OF THE WEST HALF OF THE SOUTHWEST QUARTER OF SECTION 17, TOWNSHIP 11 NORTH, RANGE 7 EAST, MDB&M., DESCRIBED AS:
COMMENCING AT A POINT ON THE SOUTHEASTERLY LINE OF THE STATE HIGHWAY DISTANCE 350 FEET FROM THE INTERSECTION OF SAID SOUTHEASTERLY LINE OF
THE STATE HIGHWAY WITH THE EAST LINE OF COUNTY ROAD RUNNING ALONG THE NORTH AND SOUTH LINE BETWEEN SECTION 17 AND THE ADJOINING SECTION 18;
THENCE NORTHEASTERLY ALONG THE SAID SOUTHEASTERLY LINE OF SAID STATE HIGHWAY A DISTANCE OF 298 FEET; THENCE SOUTH A DISTANCE OF 250 FEET;
THENCE SOUTHWESTERLY AND PARALLEL TO THE SOUTHEASTERLY LINE OF SAID STATE HIGHWAY A DISTANCE OF 298 FEET; THENCE NORTHERLY A DISTANCE OF 250 FEET TO THE POINT OF BEGINNING, BEING THE SAME LAND AS THAT WHICH WAS DESCRIBED IN DEED FROM CECIL F. WEST, ET UX, TO ELIAS SANCHEZ, ET UX, RECORDED NOVEMBER 12, 1942 IN BOOK 406, OF OFFICIAL RECORDS AT PAGE 317, PLACER COUNTY RECORDS.
EXCEPTING THEREFROM THAT PORTION THEREOF CONVEYED TO BLAS REGALADO, ET UX., BY DEED RECORDED APRIL 24, 1947 IN BOOK 496, OF OFFICIAL RECORDS, AT 97 PAGE 254, PLACER COUNTY RECORDS.
ALSO EXCEPTING THEREFROM ANY PORTION THEREOF DESCRIBED IN THAT CERTAIN "JUDGMENT QUIETING TITLE AND PERMANENT RESTRAINING ORDER" FILED OCTOBER 26, 1981 IN SUPERIOR COURT OF CALIFORNIA IN AND FOR THE COUNTY OF PLACER, CASE NO. 60141, BERNARD COKER ET UX, PLAINTIFFS VS. F.
EARL CORIN, ET AL, RECORDED OCTOBER 27, 1981 IN BOOK 2446 AT PAGE 313, PLACER COUNTY OFFICIAL RECORDS.
PARCEL FOUR:
THE SOUTHWEST QUARTER OF SECTION 17, TOWNSHIP 11 NORTH, RANGE 7 EAST, MDM., MORE PARTICULARLY BOUNDED AS FOLLOWS:
BEGINNING AT A POINT MARKING THE SOUTHWEST CORNER OF THE HEREIN
DESCRIBED PROPERTY AND FROM WHICH POINT OF BEGINNING THE SECTION CORNER COMMON TO SECTION 17, 18, 19 AND 20 OF THE AFORESAID TOWNSHIP, RANGE, BASE AND MERIDIAN BEARS SOUTH 01 DEG. 39 MIN. 30 SEC. EAST, 289.90 FEET; RUNNING THENCE FROM THE SAID POINT OF BEGINNING NORTH 86 DEG. 59 MIN. 30 SEC. EAST, 300.87 FEET, SOUTH 04 DEG. 22 MIN. 00 SEC. EAST, 18.00 FEET; THENCE SOUTH 89 DEG. 47 MIN. 00 SEC. EAST, 195.40 FEET; THENCE NORTH 00 DEG. 37 MIN. 00 SEC. WEST 613.97 FEET TO A FENCE INTERSECTION MARKED BY A GRANITE FENCE POST; THENCE SOUTH 52 DEG. 07 MIN. 00 SEC. WEST 630.07 FEET
TO A POINT ON THE EAST LINE OF A COUNTY ROAD AND ALONG A FENCE LINE OF GRANITE POSTS; THENCE SOUTH 01 DEG. 39 MIN. 30 SEC. EAST 224.12 FEET ALONG THE EAST LINE OF COUNTY ROAD TO THE POINT OF BEGINNING.
EXCEPTING THEREFROM BEGINNING AT A POINT MARKING THE SOUTHWEST
CORNER OF THE HEREIN DESCRIBED PARCEL AND FROM WHICH POINT OF BEGINNING THE SOUTHWEST CORNER OF SAID SECTION 17 BEARS SOUTH 01 DEG. 39 MIN. 30 SEC. EAST, 451.36 FEET; THENCE RUNNING FROM SAID POINT OF BEGINNING NORTH 01 DEG. 39 MIN. 30 SEC. WEST A DISTANCE OF 63.24 FEET; THENCE RUNNING NORTH 52 DEG. 07 MIN. 00 SEC. EAST 630.07 FEET; THENCE SOUTH 00 DEG. 37 MIN. 00 SEC. EAST 435.95 FEET; THENCE SOUTH 88 DEG. 20 MIN. 30 SEC. WEST 500.37 FEET TO THE POINT OF BEGINNING.
ALSO EXCEPTING THEREFROM A PORTION OF LAND DESCRIBED IN THAT CERTAIN DOCUMENT RECORDED MAY 17, 2006 AS INSTRUMENT NO. 2006-0053797 OF OFFICIAL RECORDS.
PARCEL FIVE:
THAT PORTION OF THE SOUTHWEST QUARTER OF SECTION 17, TOWNSHIP 11 NORTH, RANGE 7 EAST, MDM., COUNTY OF PLACER, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS:
BEGINNING AT A POINT MARKING THE SOUTHWEST CORNER OF THE HEREIN
DESCRIBED PARCEL AND FROM WHICH POINT OF BEGINNING THE SOUTHWEST 98 CORNER OF SAID SECTION 17 BEARS SOUTH 01 DEG. 39 MIN. 30 SEC. EAST, 451.36 FEET; THENCE RUNNING FROM SAID POINT OF BEGINNING NORTH 01 DEG. 39 MIN. 30 SEC. WEST A DISTANCE OF 63.24 FEET; THENCE RUNNING NORTH 52 DEG. 07 MIN. 00 SEC. EAST 630.07 FEET; THENCE SOUTH 00 DEG. 37 MIN. 00 SEC. EAST 435.95 FEET; THENCE SOUTH 88 DEG. 20 MIN. 30 SEC. WEST, 500.37 FEET TO THE POINT OF BEGINNING.
EXCEPTING THEREFROM A PORTION THEREOF DESCRIBED AS THE SECOND PARCEL IN THE "JUDGMENT QUIETING TITLE AND PERMANENT RESTRAINING ORDER" FILED OCTOBER 26, 1981 IN SUPERIOR COURT OF CALIFORNIA IN AND FOR THE COUNTY OF PLACER, CASE NO. 60141, BERNARD COKER ET UX, PLAINTIFFS VS.
F. EARL CORIN, ET AL, RECORDED OCTOBER 27, 1981 IN BOOK 2446 AT PAGE 313, PLACER COUNTY OFFICIAL RECORDS.
PARCEL SIX:
PORTION OF SOUTHWEST QUARTER OF SECTION 17, TOWNSHIP 11 NORTH, RANGE 7 EAST, MDB&M., DESCRIBED AS:
BEGINNING AT THE NORTHEAST CORNER OF PARCEL OF LAND AS DESCRIBED IN DEED TO CORIN, F. EARL ET AL, AS RECORDED IN BOOK 795, AT PAGE 111, PLACER COUNTY RECORDER, RUNNING THENCE FROM SAID POINT OF BEGINNING SOUTH 52 DEG. 07 MIN. WEST ALONG THE NORTH LINE OF SAID CORIN, ET AL., PARCEL TO ITS
INTERSECTION WITH THE SOUTH LINE OF PARCEL AS DESCRIBED IN DEED TO COKER, BERNARD A., ET AL, RECORDED IN BOOK 582 AT PAGE 622, THENCE
NORTHEASTERLY ALONG SOUTH LINE OF SAID COKER PARCEL TO THE SOUTHEAST
CORNER THEREOF, ALSO BEING THE SOUTHWEST CORNER OF LAND AS DESCRIBED IN DEED TO COKER, RECORDED IN BOOK 1321 AT PAGE 151, PLACER COUNTY
RECORDER, THENCE NORTHEASTERLY ALONG SOUTH LINE OF SAID PARCEL TO THE SOUTHEAST CORNER THEREOF, THENCE SOUTH 00 DEG. 37 MIN. EAST TO THE POINT OF BEGINNING.
EXCEPTING THEREFROM A PORTION OF LAND DESCRIBED IN THAT CERTAIN DOCUMENT RECORDED MAY 17, 2006 AS INSTRUMENT NO. 2006-0053797 OF OFFICIAL RECORDS.
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City Council
Staff Report
Subject:
Quarry Row Final Map
Date:
August 12, 2025
Submitted By:
Lynn Toth, Associate Civil Engineer
David Mohlenbrok, Community Development Director
Department:
Community Development
Recommendation:
A
.
Adopt a Resolution of the City Council of the City of Rocklin Approving the Final Map of Quarry Row Subdivision/(SD-2016-0003) and Approving and Authorizing Execution of a Subdivision Improvement Agreement.
B
.
Adopt a Resolution of the City Council of the City of Rocklin Approving and Authorizing Execution of a Subdivision Landscaping Agreement of Quarry Row Subdivision (SD- 2016-0003).
Background:
The tentative subdivision map for Quarry Row Subdivision/(SD-2016-0003) was approved by the City Council on January 26, 2021, per Resolution No. 2021-20, allowing the subdivision of the 7.4+/- acre site into 74 medium density single-family residential lots and ten (10) lettered lots for landscape purposes. A two-year time extension of the tentative subdivision map was approved by the City Council on February 13th, 2024, per Resolution No. 2024-049.
The Quarry Row Subdivision project is located on the east side of Grove Street at the northerly terminus, and south of Pacific Street. The legal owner is KB Home Sacramento, Inc., a California Corporation.
Approvals of final maps are procedural in nature and per Section 66474.1 of the Subdivision Map Act, a legislative body shall not deny approval of a final map or parcel map if it has previously approved a tentative map for the proposed subdivision and if it finds that the final or parcel map is in substantial compliance with the previously approved tentative map.
The map is technically correct. All fees have been paid and conditions of approval have been met. The construction of the improvements associated with this map are partially complete and the developer has guaranteed the outstanding items of work with the attached Subdivision Improvement Agreement and Subdivision Landscaping Agreement. The map is ready for approval.
Item Number C7.
132
Fiscal Impact:
The street named Quarry Row is offered for dedication in fee to the City on the Final Map and will be maintained by the City after a Notice of Completion of the improvements and Acceptance of the Public improvements has been issued by the City Council.
ATTACHMENTS:
1. Resolution A - Final Map and Subdivision Improvement Agreement
2. Resolution A Exhibit A - Quarry Row Final Map 11x17
3. Resolution A - Exhibit B - Subdivision Improvement Agreement Quarry Row
4. Resolution A Exhibit 1 to Exhibit B - Subdivision Improvement Agreement-Plat Quarry Row
5. Resolution B - Subdivision Landscape Agreement Quarry Row.doc
6. Resolution B - Exhibit A - Subdivision Landscape Agreement Quarry Row
7. Resolution B Exhibit 1 to Exhibit A - Subdivision Landscape Agreement-Plat Quarry Row 133
RESOLUTION NO. 2025-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROCKLIN
APPROVING THE FINAL MAP OF
QUARRY ROW SUBDIVISION/(SD-2016-0003)
AND APPROVING AND AUTHORIZING EXECUTION
OF A SUBDIVISION IMPROVEMENT AGREEMENT
The City Council of the City of Rocklin does resolve as follows:
Section 1. The City Council of the City of Rocklin hereby finds as follows:
A. That a tentative subdivision map for the subdivision known as Quarry Row Subdivision/(SD-2016-0003) (the "Subdivision") and as submitted by KB H ome Sacramento Inc., a California Corporation (the “Subdivider”) was approved subject to certain conditions;
B. That the Subdivider has fully satisfied all said conditions, except for certain Subdivision improvements, that have not been completed and accepted, and as to those improvements Subdivider has executed and provided security for a Subdivision Improvement Agreement obligating Subdivider to complete the improvements within a specified period of time. Subdivider now desires to record a final map for the Subdivision;
C. That the City Surveyor has reviewed the final map for the Subdivision and has determin ed that it substantiall y conforms to the approved tentative map and all con ditions an d requirements of that approval, a nd now recommends approval of the final map.
Section 2. The City Council hereby approves the final map for the Subdivision attached hereto as Exhibit A and by this reference incorporated herein, and accepts on behalf of the public the dedication of the streets and the easements shown and offered on the final map for the Subdivision , subject to improvement of said easemen ts and acceptance of the easements by the City.
Section 3. The Subdivision Improvement Agreement attache d h ereto as Exhibit B and by this reference incorporate d herein , is hereby a pproved and the City Manager is authorized and directed to execute the agreement on behalf of the City.
Section 4. The City Clerk is hereby authorized and dir ected to record the fi nal map for the Subdivision, and all related documents referred to in this Resolution, in the Office of the Placer County Recorder when fully executed and notarized.
134
Reso No.
PASSED AND ADOPTED this 12th day of August, 2025, by the following vote:
AYES: Councilmembers:
NOES: Councilmembers:
ABSENT: Councilmembers:
ABSTAIN: Councilmembers:
_______________________________________
Jill Gayaldo, Mayor
ATTEST:
______________________________
Avinta Singh, City Clerk
135
To Reso No.
EXHIBIT A
FINAL MAP
136
137
138
139
140
To Reso. No.
EXHIBIT B
SUBDIVISION IMPROVEMENT AGREEMENT
141
Exhibit B to Reso. No. 2025
Recording Requested by
and Return to:
City Clerk
City of Rocklin
3970 Rocklin Road
Rocklin, CA 95677
No Fee Per Gov’t Code §27383
Subdivision Name: Quarry Row
Subdivision No.: SD2016-0003
Recorded at: Book _______ of Maps, at Page________,
Placer County Recorder
Principal: KB Home Sacramento, Inc., a California
Corporation
Effective Date: August 12, 2025
SUBDIVISION IMPROVEMENT AGREEMENT
This Subdivision Improvement Agreeme nt (“Agreement”) is entered into by and between the City of Rocklin, hereinafter called "City," and KB Home Sacramento, Inc., a California Corporation, hereinafter called "Principal," on the 12th day of August, 2025.
RECITALS
1. Principal has received approval from City of a tentative subdivision map commonly known as Quarry Row ("the Subdivision").
2. Principal wis hes to have fil ed for record a final subdivision map, ("the Map"), in substantial conformity with the approved tentative map. A copy of the plat of the Map is attached hereto as Exhibit I and by this reference incorporated herein.
3. City has approved the Map, subject to the execution of this Agreement.
4. Principal is willing to execute t his Agreement a s a condition precedent to the recording of the Map.
5. The author ity for this Agreement is se t fo rth in the Subdivision Map Act ("the Map Act") (Government Code se ction 66410 et seq.) and Title 16 of the Rocklin Municipal Code ("Title 16").
142
Exhibit B to Reso. No. 2025
AGREEMENT
6. Acceptance of Easements. City hereby accepts on beha lf of the public all easements offered for dedication on the Map , in accordan ce with the condi tions hereinafter set forth.
7. Improvements. Principal agrees to co mplete all the wo rks of improvement ("the Improvements") required for the Subdivision as shown on th e final improvement plans for the Subdivision submitted to and appro ved by the City E ngineer and on file in the office of the City Engineer, in accord ance with the requirements of the Map Act, Title 16, a nd the Standard Specifications of City in e ffect at the time of the installation o f th e Improvements. Such work will be completed within twelve (12) months of the date of this Agreement.
8. Acceptance of Improvements upon Completion . Upon satisfactory completion of the Improvements in accordance with the approved imp rovement plans, the Standard Specifications and the conditions of appro val of the tentative Subdivision Map, City agrees to issue a Notice of Completion of the work and accept any on-site or off-site easements, subject to the provisions of Paragraph 10 hereof.
9. Notice Regarding Construction. Principal shall notify the Ci ty Engineer 48 hours prior to commencement of construction of the Improvements.
10. Warranty. Principal agrees to remedy an y defects in the Improvements arising from faulty or defect ive design or con struction of sa id Improvements occurring within twelve (12) months after acceptance thereof has been given in wr iting by the City Council.
11. Indemnity and Hold Ha rmless. Principal agrees to a nd shall defend, indemnify and hold harmles s City, its offic ers, employees, agents and vol unteers from and against all claims, damages, losses an d expenses, including attorney’s fees an d litigation costs and expenses, a rising out of the per formance of the work described herein, caused in whole or i n part by any neg ligent act or o mission of Prin cipal, any subcontractor of Principal, anyone directly or indirectly employed by a ny of th em or anyone for whose acts any of them may be liable, except where caused b y the active negligence, sole negligence or willful miscondu ct of City. Lack of insurance coverage does not negate Principal’s obligation under this paragraph or this Agreement.
12. Delay. If the construction of the Improvements shall be delayed without fault of Princip al, the time for completio n thereof may be extended by Cit y for such period of time as City may deem reasonable.
13. Security. Principal shall furnish t o City s ecurity to ensure the faithful performance of all duties and obligations of Principal herein contained. Such improvement security shall be in a form ac ceptable to the City Attorney. Such security shall be either a corporate surety bond, a letter o f credit or other instrument of credit 143
Exhibit B to Reso. No. 2025
issued by a banking institution subject to regulation by the State or Federal government and pledging tha t the funds nec essary to carry out this Agreement ar e on deposit and guaranteed for payment, or a cash deposit m ade eith er directly with the City or deposited with a recognized escrow agent for the benefit of the City. Such security shall be in the following amounts for the following purposes:
(a) Performance: One hundred percent (100%) of the estimated cost of the outstanding Improvements securing perfor mance o f this Agreement, which estimated cost is in the a mount of: Two Million Eight Hundred Fifty Five Thousand, Four Hundred Thirty Nine dollars ($2,855,439.00).
(b) Payment of Labor and Ma terials: One hundred percent (100%) of the estimated cos t of the outstanding Improvements, as set fo rth in Paragraph (a) immediately preceding, securing pa yment to the contrac tor of Improvements, to his subcontractors, and to persons furnishing labor, materials, or equipment to them.
(c) Warranty: The amoun t of: Five Hundred Seventy One Thousand Eighty Eight dollars ($571,088.00) for the subdivision improvements, to guarantee and warrant the Improvements for a period of one (1) year following the completion and acceptance of the Improvements against any defects in the improvement design, the work, or the labor done, or defects in materials furnished. This security need not b e furnished prior t o co mpletion of the Improvements, but must be provided prior to their acceptance.
(d) Survey Mo numentation: One hundred percent (1 00%) of the estimated cost of the installation of survey monuments, which estimated cost is in the amount of: Ten Thousand dollars ($10,000.00)
14. Irrevocability of Security. The improvement security furnished pursuant to Paragraph 13 shall be irrevocable, shall not be limited as to time (except as to the 1- year peri od sp ecified in Para graph 10), and s hall provide that i t shall be released, in whole or in part, only upon the written approval of the City Engineer or delegate.
15. Actions. At City's option, any action by any par ty to this Agreement, or any action concerning the security furnished pursuant to Paragraph 13, shall be brought in the appropriate cour t o f compe tent jurisdiction within the County of Placer, notwithstanding any other provision of law which may provide th at such action may be brought in some other location.
16. Inspection; R elease of Security For Faithful Performance . Principal may, from time to time, request the City Engineer to inspect the Improvements as they progress. The City Engineer may, if the work is found by City Engineer to be i n accordance with the Standard Specifications, choose to accept so much of that work as is comple ted, and authorize a rel ease pro tanto of th e security p rovided pur suant to Paragraph 13(a) ; provided, ho wever, that in no event shall the rel ease of more than 144
Exhibit B to Reso. No. 2025
eighty (80 %) of the improvement sec urity be authorized until all the work has been completed and accepted.
17. Release of Remaini ng Security For Faith ful Performance: Warranty.
At the conclusion of the construction of the Improvements, and upon written acceptance of them by the City Council and approval of a Notice of Completion, the City Engineer shall authorize the release of the security provided p ursuant to P aragraph 13(a) upon the furnishing of the warranty security as required by Paragraph 13(c).
18. Release of Sec urity Where Othe r Agency Approval R equired.
Notwithstanding paragraphs 16 an d 1 7, wh ere a ny p ortion of the Improvements is subject to approval by another agen cy, no r elease of security equal to th e value of those Improvements shall be made until the work is completed to the satisfaction of such other agency. Such other agency sha ll have two (2) months after completion of the performance of the obligation in which to register satisfaction or dissatisfaction. If at the e nd of that period it h as n ot r egistered satisfaction or dissatisfaction, it shall be conclusively deemed that the performance of the obligation was done to its satisfaction.
19. Release of Labor and Mat erials Secu rity. Ninety (90) d ays after a notice of completion is fil ed with respect to t he Improvements, the City Engineer may authorize the release of the security given to secure payment for labor and materials as provided in Para graph 13(b) of this agreement, in the event that no c laims have been filed against said secu rity. In the event t hat claims or ac tions are filed aga inst the security, the City Engineer may r elease so much of such security as is in excess of the total of the claims made against it.
20. Insurance. Principal shall procure and main tain for the dura tion of the contract insurance against claims for injur ies to persons or damages to property whic h may arise from or i n connection w ith th e performanc e o f the work hereunder by t he Principal, its agents, representatives, or employees.
A. Minimum Scope and limit of Insurance
1. Commercial General Liability (CGL): Insurance Services Office Form CG 00 01 cov ering CGL on an “occurrence” basis, including product s a nd completed operations, property damage, bodily injury and personal & advertising injury with limits no less than $2,000,000 per occurrence. If a general agg regate limit applies, either the general aggregate limit shall apply separately to this project/location (ISO CG 25 03 or 2 5 04) or the general aggregate limit sh all be twice the requi red occurrence limit.
2. Automobile Liability: Insurance Services Office Form Number CA 0001 covering, Code 1 (any a uto), or if Principal has no owned autos, Code 8 (hir ed) and 9 (non-owned), with limit no less than $1,000,000 per accident for bodily injury and property damage.
145
Exhibit B to Reso. No. 2025
3. Workers’ Compensation insurance as required by the State of California, with Statutory Limits , and Employer’s Liability Insurance with limit of no less than $1,000,000 per accident for bodily injury or disease.
B. Other Insurance Provisions
The insurance policies are to cont ain, o r be endor sed to contain, the following provisions:
1. Additional Insured Status. The C ity, i ts officers, o fficials, employees, and volunteers are to be covered as additional insureds on the C GL policy with respect to liability arising out of work or operations performed by or on behalf of the Principal including materials, pa rts, o r equipment fur nished in conn ection with such work or operati ons. General l iability coverage c an be provided in th e form of an endorsement to the Princip al’s insurance (at least as broad as ISO Form CG 20 10 11 85 or both CG 20 10, CG 20 26, CG 20 33 , or CG 20 38; and CG 20 37 forms i f later revisions used).
2. Primary Coverage . For a ny claims re lated to this contra ct, the Principal’s insurance coverage shall be primary with coverage at least as broad as ISO CG 20 01 04 13 as respects the City, its officers, officials, employees, or volunteers, and shall be excess of the Principal’s insurance and shall not contribute to it.
3. Notice of Can cellation. Each insurance pol icy req uired above shall not be canceled, except with notice to the City.
4. Waiver of Subrogation. Principal hereby grants to City a waiver of any right to subrogation which any insurer of said Principal may acquire against the City by virtue of the payment of an y loss under such insurance. Princ ipal agrees to obtain any endorsement that may be necessary to affect this wa iver of subrogatio n, but this provision applie s regardless of whe ther or not the City has received a waiver of subrogation endorsement from the insurer.
5. Self-Insured Retentions . Self-insured retentions must be declared t o a nd a pproved by the City. The City may require the Principal t o provide proof of a bility to pay losses and related investigations, claim administration, a nd defense ex penses within the reten tion. The policy l anguage shall provide, or be endorsed to pr ovide, th at t he sel f-insured rete ntion may be satis fied by either t he named insured or City.
6. Acceptability of Insurers. Insurance is to be p laced with insurers authorized to conduct business in the state with a current A.M. Best’s rating of no less than A:VII, unless otherwise acceptable to the City.
7. Claims Made Polici es. If any of the required polic ies p rovide coverage on a claims made basis:
146
Exhibit B to Reso. No. 2025
i. The Retroacti ve Date must be show n and must be be fore the date of the contract or the beginning of contract work.
ii. Insurance must be maintained and evidence of i nsurance must be provided fo r a t least five (5) y ears after completio n of the contract of work.
iii. If coverage is canceled or non-renewed, and not replaced with another claims-made policy form with a Retroac tive Date prior to the contract e ffective date, the Principal must purchase “extended reporting” cov erage for a minimum of five (5) years after completion of contract work.
8. Verification of Cover age. Principal sh all furnish the City with original Certific ate of In surance in cluding all re quired amendatory endorsements (or copies of the applicable policy language effecting coverage required by this clause) and a copy of the D eclarations and Endorse ment Page of the C GL policy listing all policy endorsements t o the City before work begins. However, failure to obtain the requi red documents p rior to the work b eginning shall not w aive the Principal’s o bligation to provide t hem. The City r eserves the righ t to require com plete, certified copies of all required insurance policies, including endorsements required by these specifications, at any time.
9. Subcontractors. Principal shall r equire and verify that all subcontractors m aintain i nsurance meeting all th e requirements s tated h erein, and Principal shall ensure that City i s an additional insured on i nsurance requi red from subcontractors.
10. Special Risks or Circums tances. City reserve s the right to modify these requirement s, i ncluding limits, based on the na ture of the risk , p rior experience, insurer, coverage, or other special circumstances.
21. Monuments. Principal agrees to inst all, on or before December 31, 2026, such survey monu ments as may be requir ed by the City En gineer. Upon the installation of such monuments, and their acceptance by the City Engineer, the s ecurity provided therefor shall be released.
22. Failure of Perfo rmance. In the event Principa l fails to perform one or more of the conditi ons herein, City shall have r ecourse to the security given to guarantee the performance of such acts. City shall h ave recourse against so much of the security as is necessary to dis charge the responsibility of Principal hereunder. City shall have recourse against Principal for any and all amo unts necessary to complete the obligations of Principal in the event the sec urity therefore is insufficient to pay such amounts. All administrat ive c osts in curred by the C ity, in ad dition to the co sts of the Improvements, shall be a proper charge against the security and/or Principal.
147
Exhibit B to Reso. No. 2025
23. Attorney's Fees. If the services of any attorney are required by any party to secure the performance of this Agreement or otherwise upon the breach or default of another party, or if any judicial remedy or arbitration is necessary to enforce or interpret any provisions of this Agreement or the rights and duties of any person in relation to this Agreement, the p revailing pa rty shall be en titled to reasonable attor ney's fees, costs and other expenses, in addition to any other relief to which such party may be entitled.
Prevailing party includes ( a) a party w ho dismisses an action in exchange for sums allegedly due; (b) the party that receives performance from the other party of an alleged breach of covenant or a desired remedy, if it is substantially equal to the relief sought in an action; or (c) the party determined to be prevailing by a court of law.
Whenever provision is made in this A greement f or the payment o f attorney's fees, such fees shall be payable whether the legal services are rendered by a salaried employee for the party or by indep endent counsel and shall inc lude such fees as a re incurred in connection with any pretrial proceeding, trial or appeal of the action.
Any award of damages fol lowing judicial remedy or arbitration as a resul t of the breach of this Agreement or any of its provisions shall include an award of prejudgment interest from the date of the breach at the maximum amount of interest allowed by law.
24. Agreement Binding on Suc cessors, Etc. This A greement s hall be binding upon all the heirs, successors, and assigns of either party, and the sa me shall be recorded in the office of the Recorder of Placer County upon its execution, and shall be a covenant runn ing with the lan d and equitable servitude upon the parcel or parcels of real property subdivided by the Map.
25. Subdivision Map Act Controlling. To the exte nt any provision of th is Agreement conflicts with any provision of the Map Act, the applicable provision of such Act shall control, and no action taken pursuant to this Agreement which conflicts with any provi sion of t he Map Act shall re lieve the person ta king such action from compliance with the provisions of the Map Act.
26. Waiver. Failure by a p arty to insist u pon the strict performance of any of the provisions of this Agreement by the other party, or the failure by a party to exercise its rights upon the default of the ot her party shall not constitute a waiver of such party's right to insist and demand strict c ompliance by the othe r party with the terms of t his Agreement thereafter.
WHEREFORE, the parties hereto have executed this Agreement on the day and in the year first above written.
148
Exhibit B to Reso. No. 2025
CITY OF ROCKLIN
By:_____________________________________________
Aly Zimmermann, City Manager
PRINCIPAL
KB Home Sacramento, Inc., a California Corporation.
By:_____________________________________________
Leo Pantoja, (Date)
Vice President Planning
149
Exhibit B to Reso. No. 2025
APPROVED AS TO FORM:
Crystal Hodgson, Assistant City Attorney
ATTEST:
_____________________________
Avinta Singh, City Clerk
150
ATTACH CURRENT NOTARY
ACKNOWLEDGEMENT FORM
FOR CITY OF ROCKLIN
151
ATTACH CURRENT NOTARY
ACKNOWLEDGEMENT FORM
FOR PRINCIPAL
152
EXHIBIT I
TO SUBDIVISION IMPROVEMENT AGREEMENT
PLAT OF FINAL MAP
153
154
RESOLUTION NO. 2025-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROCKLIN
APPROVING AND AUTHORIZING EXECUTION
OF A SUBDIVISION LANDSCAPING AGREEMENT OF
QUARRY ROW SUBDIVISION (SD2016-0003)
The City Council of the City of Rocklin does resolve as follows:
Section 1. The City Council of the City of Rocklin hereby finds as follows:
A. That a final subdivision map for a subdivision known as Quarry Row Subdivision (SD2016-0003) (the "Subdivision") has been su bmitted by KB Home Sacramento Inc., a California Corporation (the "Subdivider") for approval;
B. That certain subdivision landscaping improvements which were made conditions of the tentative subdivision map have not been completed and accepted, and Subdivide r h as executed and provided sec urity for a subdi vision landscaping agreement obligating Subdivider to complete the landscaping improvements within a specified period of time. Subdivider requests the City Council to accept the subdiv ision la ndscaping agree ment in satisfaction of the tent ative map condition.
Section 2. The subdivision landscaping agreement attached hereto as Exhibit A and by this reference incorporated herein is hereby approved and accepted as satisfaction of the ten tative map subdivision landscaping improvement conditio ns, and the City Manager is authorized and directed to execute the agreement on behalf of the City.
Section 3. The City Clerk is directed to record the subdivision landscaping agreement when fully ex ecuted a nd notarized in the office of the Placer County Recorder.
PASSED AND ADOPTED this 12th day of August, 2025, by the following vote:
AYES: Councilmembers:
NOES: Councilmembers:
ABSENT: Councilmembers:
ABSTAIN: Councilmembers:
____________________________________
Jill Gayaldo, Mayor
ATTEST:
_______________________________
Avinta Singh, City Clerk
155
To Reso. No.
EXHIBIT A
SUBDIVISION LANDSCAPING AGREEMENT
156
Reso. No. 2025-
Recording Requested by
and Return to:
City Clerk
City of Rocklin
3970 Rocklin Road
Rocklin, CA 95677
No Fee Per Gov’t Code §27383
Subdivision Name: Quarry Row
Subdivision No.: SD2016-0003
Recorded at: Book _______ of Maps, at Page________,
Placer County Recorder
Principal: KB Home Sacramento Inc., A California
Corporation
Effective Date: August 12, 2025
SUBDIVISION LANDSCAPING AGREEMENT
This Subdivision Landscaping Agreement is entered into by and between the City of Rocklin, hereinafter called "City," and KB Home Sacramento Inc., a California Corporation, hereinafter called "Principal," on the 12th day of August, 2025.
RECITALS
1. Principal has received approval from City o f a tentative subdivision map commonly known as Wildcat West ("the subdivision").
2. Principal wishes to have filed for record a final subdivision map, ("the map"), in substantial conformity with the approved tentative map. A copy of th e plat of the map is attached hereto as Exhibit 1 and by this reference incorporated herein.
3. City has approved the map, subject to the execution of this Agreement.
4. Principal is willing to execute this Agreement as a condition precedent to the recording of the map.
5. The autho rity for this Agreement is set forth in the Subdivision Map Act ("the Map Act") (Government Code section 66410 et seq.) and Title 16 of the Rocklin Municipal Code ("Title 16").
157
Reso. No. 2025-
AGREEMENT
6. Improvements. Principal agrees to complete all the works of landscaping improvement ("the Improvements") required for the subdivision as shown on the final landscaping plans for the subdivision submitted to and approved by the City Engineer and on file in the office of the City Engineer, in accordance with the requirements of the Map Act, Title 16, and the Standard Specifications of City in effect at the time of the installation of the Improvements. Such work will be completed within twelve (12) months of the date of this Agreement.
7. Acceptance o f Improvements upon Comp letion. Upon satisfactory completion of the Improvements in accordance with the approved landscaping plans, the Standard Specifications and the conditions of approval of the tentative subdivision map, City agrees to ac cept the Improvements and any off-site easements accepted by City, subject to the provisions of Paragraph 9 hereof.
8. Notice Regarding Construction. Principal shall notify the City Engineer 48 hours prior to commencement of construction of the Improvements.
9. Warranty. Principal agrees to remed y any defects in the Improvements arising from faulty or defective design or construction of said Improvements occurring within twelve (12) months after acceptance thereof has been given in writing by the City Council.
10. Indemnity and Hold Harmless. Principal agrees to and shall defend, indemnify and hold harmless City, its officers, employees, agents and volunteers from and against all claims, damages, losses and expenses, including attorneys fees and litigation costs and expenses, arisin g ou t of the perfo rmance of the work described herein, caused in whole or in part by any negligent act or omission of Principal, any subcontractor of Principal, anyone directly or indirectly employed by any of them or anyone for whose acts any of them may be liable, except where caused by the active negligence, sole negligence or willful misconduct of City. Lack of insurance coverage does not negate Principal’s obligation under this paragraph or this Agreement.
11. Delay. If the construction of the Improvements shall be delaye d without fault of Principal, the time for completion thereof may be extended by City for such period of time as City may deem reasonable.
12. Security. Principal shall furnish to City security to ensure the faithful performance of all duti es a nd obligations of Principal herein contained. Such Improvement security shall be in a form acceptable to the City Attorney. Such security shall be either a corporate surety bond, a letter of credit or other instrument of credit issued by a banking inst itution subject to regulation by the State or Federal government and pledging that the funds necessary to carry out this Agreement are on depos it and guaranteed for payment, or a cash deposit made either directly with the City or 158
Reso. No. 2025-
deposited with a recognized escrow agent for the benefit of the City. Such security shall be in the following amounts for the following purposes:
a. Performance: One hundred percent (100%) of the estimated cost of the Improvements securing performance of this Agreement, which estima ted cost is in the amount of: Three Hundred Thirty Four Thousand Seven Hundred twenty four dollars ($334,724.00).
b. Payment of Labor and Material s: One hundred percent (100%) of the estimated cost of the Improvements, as set forth in Paragraph (a) immediately preceding, securing payment to the contractor of Improvements, to his subcontractors, and to persons furnishing labo r, materials, or equipment to them.
c. Warranty: The amount of Sixty Six Thousand Nine Hundred Forty Five dollars ($66,945.00) to guarantee and warrant the Improvements for a period of one (1) year following the completion and acceptance of the Improvements against any defects in the Improvement design, the work, or the labor done, or defects in materials furnished. This security need not be furnished prior to completion of the Improvements, but must be provide d prior to their acceptance.
13. Irrevocability of Security. The Improvement security furnished pursuant to Paragraph 12 shall be irrevocable, shall not be limited as to time (except as to the twelve (1 2) month period specified in Paragraph 9), a nd shall provide that it shall be released, in whole or in part, only upon the written approval of the City Engineer or delegate.
14. Actions. At City's option, any action by any party to this Agreeme nt, or any action concerning the security furnished pursuant to Paragraph 12, shall be brought in the appropriate court of competent jurisdiction within the County of Placer, notwithstanding any other provision of law which may provide that such action may be brought in some other location.
15. Inspection; Release of Security For Faithful Performance . Principal may, from time to time, request the City Engineer to inspect the Improvements as they progress. The City Engineer may, if the work is found by City Engineer to be in accordance with the Standard Specifications, choose to accept so much of that work as is completed, and authorize a release pro tanto of the security provided pursuant to Paragraph 12(a); provided, however, that in no event shall the rele ase of more th an eighty (80%) of the Improvement security be authorized until all the work has been completed and accepted.
16. Release of Remaining Security For Faithful Performance: Warranty .
At the conclusion of the construction of the Improvements, and upon written acceptance of them by the City Council and approval of a Notice of Completion, the City Engineer 159
Reso. No. 2025-
shall authorize the release of the security provided pursuant to Paragraph 12(a) upon the furnishing of the warranty security as required by Paragraph 12(c).
17. Release of Security Where Other Agency Approval Required .
Notwithstanding paragraphs 15 and 16, where any portion of the Improvements is subject to approval by another agency, no release of security equal to the value of those Improvements shall be made unt il the work is completed to the satisfaction of such other agency. Such other agency shall have two (2) months after completion of the performance of the obligation in which to register satisfaction or dissatisfaction. If at the end of that period it has not registered satisfaction or dissatisfaction, it shall be conclusively deemed that the performance of the obligation was done to its satisfaction.
18. Release of Labor and Materials Security . Ninety (90) days after a notice of completion is filed with resp ect to the Improvements, the City Engineer may authorize the release of the security given to secure payment for labor and materials as provided in Paragraph 12(b) of this agreement, in the event that no claims have been filed against said se curity. In the event that claims or actions are filed against the security, the City Engineer may release so much of such security as is in excess of the total of the claims made against it.
19. Insurance. Principal shall procure and maintai n for the duratio n of the contract insurance against c laims for injuries to persons or damages to property which may arise from or in connection with the performance of the work hereunder by the Principal, its agents, representatives, or employees.
a. Minimum Scope and limit of Insurance
i. Commercial General Liability (CGL): Insurance Services Office Form CG 00 01 covering CGL on an “occurrence” basis, including products and completed operations, property damage, bodily injury and personal & advertising injur y with limits no less than $2,000,000 per occurrence. If a general aggregate limit applies, either the general aggregate limit shall apply separately to this project/location (ISO CG 25 03 or 25 04) or the general aggregate limit shall be twice the require d occurrence limit.
ii. Automobile Liability: Insurance Services Office Form Number CA 0001 covering, Code 1 (any auto), or if Principal has no owned autos, Code 8 (hired) and 9 (non -owned), with limit no less than $1,000,000 per accident for bodily injury and property damage.
iii. Workers’ Co mpensation insurance as required by the State of California, with Statutory Limits, and Employer’s Liability Insurance with limit of no less than $1,000,000 per accident for bodily injury or disease.
160
Reso. No. 2025-
b. Other Insurance Provisions. The insurance policies are to contain, or be endorsed to contain, the following provisions:
i. Additional Insured Status. The City, its officers, officials, employees, and volunteers are to be covered as additional insureds on the CGL policy with resp ect to liability arising out of work or operations performed by or on behalf of the Principal including materials, parts, or equipment furnished in connection with such work or operations. General liability coverage can be provided in the form of an endors ement to the Principal’s insurance (at least as broad as ISO Form CG 20 10 11 85 or both CG 20 10, CG 20 26, CG 20 33, or CG 20 38 ; and CG 20 37 forms if later revisions used).
ii. Primary Coverage. For any claims related to this contract, the Principal’s insurance covera ge shall be pr imary with coverage at least as broad as ISO CG 20 01 04 13 as respects the City, its officers, officials, employees, or volunteers, and shall be excess of the Principal’s insurance and shall not contribute to it.
iii. Notice of Cancellation. Each insurance p olicy required above shall not be canceled, except with notice to the City.
iv. Waiver of Subrogation. Principal hereby grants to City a waiver of any right to subrogation which any insurer of said Principal may acquire against the City by virt ue of the payment of any loss under s uch insurance. Principal agrees to obtain any endorsement that may be necessary to affect this waiver of subrogation, but this provision applies regardless of whether or not the City has received a waiv er of subrogation endorsement from the insurer.
v. Self-Insured Retentions . Self-insured retentions must be declared to and approved by the City. The City may require the Principal to provide proof of ability to pay losses and related investigations, clai m administration, and defense e xpenses within the rete ntion. The policy language shall provide, or be endorsed to provide, that the self -insured retention may be satisfied by either the named insured or City.
vi. Acceptability of Insurers. Insurance is to be placed with insurers authorized to conduct business in the state with a current A.M.
Best’s rating of no less than A:VII, unless otherwise acceptable to the City. Claims Made Policies. If any of the required policies provide coverage on a claims made basis:
1. The Retroactive Date must be shown and must be before the date of the contract or the beginning of contract work. 161
Reso. No. 2025-
2. Insurance must be maintained and evidence of insurance must be provided for at least five (5) years after
completion of the contract of work.
3. If coverage i s canceled or non-renewed, and not
replaced with another claims -made policy form with a
Retroactive Date prior to the contract effective date, the Principal must purchase “extended reporting” coverage
for a minimum of five (5) years after completion of
contract work.
vii. Verification of Coverage . Principal shall furnish the City with original Certificate of Insurance including all required amendatory endorsements (or copies of the applicable policy language effecting coverage required by this clause) and a co py of the Decl arations and Endorsement Page of the CGL policy listing all policy endorsements to the City before work begins. However, failure to obtain the required documents prior to the work beginning shall not waive the Principal’s obligation to provi de them. The C ity reserves the right to require complete, certified copies of all required insurance policies, including endorsements required by these specifications, at any time.
viii. Subcontractors. Principal shall require and verify that all subcontractors maintain ins urance meeting all the requirements stated herein, and Principal shall ensure that City is an additional insured on insurance required from subcontractors.
ix. Special Risks or Circumstances. City reserves the right to modify t hese requirements , including limits, based on the natu re of the risk, prior experience, insurer, coverage, or other special circumstances.
20. Failure of Performance . In the event Principal fails to perform one or more of the conditions herein, City sha ll have recourse to the securit y given to guarantee the performance of such acts. City shall have recourse against so much of the security as is necessary to discharge the responsibility of Principal hereunder. City shall have recourse against Principal for any and all amounts necessary to complete the obligations of Principal in the event the security therefore is insufficient to pay such amounts. All administrative costs incurred by the City, in addition to the costs of the Improvements, shall be a proper charge against the security and/or Principal.
21. Attorney's Fees. If the services of any attorney are required by any party to secure the performance of this Agreement or otherwise upon the breach or default of another party, or if any jud icial remedy or arbitration i s necessary to enforce or interpret any provisions of this Agreement or the rights and duties of any person in relation to this Agreement, the prevailing party shall be entitled to reasonable attorney's fees, costs and other expenses, in addition to any ot her relief to which such party may be entitled.
Prevailing party includes (a) a party who dismisses an action in exchange for sums 162
Reso. No. 2025-
allegedly due; (b) the party that receives performance from the other party of an alleged breach of covenant or a desired rem edy, if it is substantially equal to the relief sought in an action; or (c) the party determined to be prevailing by a court of law.
Whenever provision is made in this Agreement for the payment of attorney's fees, such fees shall be payable whether the l egal services are rendered by a salaried employee for the party or by independent counsel and shall include such fees as are incurred in connection with any pretrial proceeding, trial or appeal of the action.
Any award of dam ages following judicial remed y or arbitration as a result of the breach of this Agreement or any of its provisions shall include an award of prejudgment interest from the date of the breach at the maximum amount of interest allowed by law.
22. Agreement Binding on Successors, Etc. This Agreement shall be binding upon all the heirs, successors, and assigns of either party, and the same shall be recorded in the office of the Recorder of Placer County upon its execution, and shall be a covenant running with the land and equitable servi tude upon the parcel or parcels of real property subdivided by the map.
23. Subdivision Map Act Controlling . To the extent any provision of this Agreement conflicts with any provision of the Map Act, the applicable prov ision of such Act shall control, an d no action ta ken pursuant to this Agreement which conflicts with any provision of the Map Act shall relieve the person taking such action from compliance with the provisions of the Map Act.
24. Waiver. Failure by a party to insist upon the strict perfor mance of any o f the provisions of this Agreement by the other party, or the failure by a party to exercise its rights upon the default of the other party shall not constitute a waiver of such party's right to insist and d emand strict compliance by the othe r party with t he terms of this Agreement thereafter.
WHEREFORE, the parties hereto have executed this Agreement on the day and in the year first above written.
CITY OF ROCKLIN
By:_____________________________________________
Aly Zimmermann, City Manager
163
Reso. No. 2025-
PRINCIPAL
KB Home Sacramento Inc., a California Corporation
(Name of Principal)
By:_____________________________________________
Leo Pantoja, (Date)
Vice President Planning
APPROVED AS TO FORM:
Crystal Hodgson, Assistant City Attorney
ATTEST:
_____________________________
Avinta Singh, City Clerk
164
ATTACH CURRENT NOTARY
ACKNOWLEDGEMENT FORM
FOR CITY OF ROCKLIN
165
ATTACH CURRENT NOTARY
ACKNOWLEDGEMENT FORM
FOR PRINCIPAL
166
Subdivision Landscaping Agreement
Reso. No.
EXHIBIT 1
TO SUBDIVISION LANDSCAPING AGREEMENT
167
168
City Council
Staff Report
Subject:
Quarterly Treasurer's Report
Date:
August 12, 2025
Submitted By:
Megan Bressem, Management Analyst
Daniel Choe, Administrative Services Deputy Director
Department:
Administrative Services - Finance
Recommendation:
Receive the Treasurer's Report for the Quarter Ending June 30, 2025.
Background:
The Quarterly Treasurer's Report (Attachment 1) for the quarter ending June 30, 2025, provides information on the City’s investments, including the depository, maturity date, principal amount, and estimated annualized interest earnings, in accordance with the City’s Investment Policy (Resolution No. 2024-150).
The Investment Report for assets managed by Chandler Asset Management (Attachment 2) and the Placer County Treasurer’s Pooled Investment Reports (Attachment 3) for the same period are also included. These reports detail the investment values and list individual securities held during the reporting period.
Item Number C8.
ATTACHMENTS:
1. Treasurer's Report for Quarter Ended June 30, 2025
2. Chandler Asset Management Investment Report
3. Placer County Treasurer's Pooled Investment Report
169
170
171
INVESTMENT REPORT
City of Rocklin | As of June 30, 2025
CHANDLER ASSET MANAGEMENT | chandlerasset.com
Chandler Team:
For questions about your account, please call (800) 317-4747, or contact [email protected]
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement. 172
TABLE OF CONTENTS
ECONOMIC UPDATE
ACCOUNT PROFILE
CONSOLIDATED INFORMATION
PORTFOLIO HOLDINGS
TRANSACTIONS
1 173
ECONOMIC UPDATE
2 174
▪
▪
▪
Recent economic data suggest slower growth in 2025 and greater market uncertainty as the effects of fiscal policy unfold. Inflationary trends have subsided, but some components remain sticky, and core levels remain above the Fed’s target. The labor market reflects improved balance between supply and demand for workers. While job creation has moderated, the unemployment rate remains low; however, continuing jobless claims remain elevated implying a less robust labor market. Given the economic outlook, we expect gradual normalization of monetary policy and a steepening yield curve.
As broadly anticipated, the Federal Open Market Committee (FOMC) left the Federal Funds Rate unchanged at the range of 4.25 - 4.50% at the June meeting. Fed Chair Powell continued to emphasize the Committee’s “waitand see” approach amidst economic uncertainty that remains elevated but diminished. Federal Reserve officials continued to pencil in two rate cuts in 2025.
US Treasury yields declined in June. The 2-year Treasury yield fell 18 basis points to 3.72%, the 5-year Treasury dropped 17 basis points to
3.80%, and the 10-year Treasury yield also declined 17 basis points to 4.23%. The spread between the 2-year and 10-year Treasury yield points on the curve edged up to +51 basis points at June month-end versus +50 basis points at May month-end. The spread between the 2- year Treasury and 10-year Treasury yield one year ago was -36 basis points. The spread between the 3-month and 10-year Treasury yield points on the curve was -7 basis points in June, versus -6 basis points in May.
ECONOMIC UPDATE
3 175
-400
-200
0 200
400
600
800
1,000MOM Change In Thousands (000's)
Nonfarm Payroll (000's)
Non-farm Payroll (000's)
3-month average (000's)
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
Unemployment Rate
Underemployment Rate (U6)
Unemployment Rate (U3)
Rate (%)
The U.S. economy added 147,000 jobs in June, exceeding consensus expectations, and the last two months were revised up by 16,000.
Gains were primarily driven by state and local government education, while job growth in service sectors languished. The three-month moving average and six-month moving average payrolls totaled 150,000 and 130,000 respectively. The unemployment rate declined to
4.1% in June from 4.2% in May, due to a shrinking labor force. The labor participation rate dipped to 62.3%, remaining below the pre- pandemic level of 63.3%. The U-6 underemployment rate, which includes those who are marginally attached to the labor force and employed part time for economic reasons dropped to 7.7% in June. Average hourly earnings fell slightly, marking a 3.7% year-over-year increase.
Source: US Department of Labor Source: US Department of Labor
EMPLOYMENT
4 176
0 2,000
4,000
6,000
8,000
10,000
12,000
14,000
Job Openings
Recession
Historical Average
In Thousands (000's)
The Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) unexpectedly roseto 7.77 million new job openings in May from
7.40 million in April. Layoffs declined and the quits rate increased. Job openings indicate a ratio of approximately 1.1 jobs for each unemployed individual, representing a relatively balanced labor market.
Source: US Department of Labor
JOB OPENINGS & LABOR TURNOVER SURVEY
5 177
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
Consumer Price Index (CPI)
CPI YOY % Change
Core CPI YOY % Change
YOY (%) Change
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
Personal Consumption Expenditures (PCE)
PCE Price Deflator YOY % Change
PCE Core Deflator YOY % Change
Fed Target
YOY (%) Change
In June, the Consumer Price Index (CPI) increased 0.3% month-over-month and rose 2.7% year-over-year, while the Core CPI rose 0.2% month-over-month and 2.9% year-over-year. The Personal Consumption Expenditures (PCE) price index increased 0.1% month-over-month and rose 2.3% year-over-yearin May. The Core PCE deflator, which excludes food and energy and is the Fed’s preferred gauge, increased
0.2% month-over-month and 2.7% year-over-year,up from April’s 2.6% year-over-year increase. Although inflation has trended toward the Federal Reserve’s 2% target, the overall impact of tariff policy has not yet fully flowed through to the US economy.
Source: US Department of Labor Source: US Department of Commerce
INFLATION
6 178
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
Retail Sales YOY % Change
YOY (%) Change
Advance Retail Sales were up 0.6% month-over-month in June, rebounding from a 0.9% decline in May and exceeding consensus forecasts. Auto sales led the increase. Control group sales, which feed into GDP, increased by 0.5%. On a year-over-year basis, Retail Sales grew 3.9% in June, following a 3.3% increase in May. The Conference Board’s Consumer Confidence Index droppedto 93.0 in June from 98.4 in May, as consumers’ assessment of both the current situation and future expectations for income and labor markets soured.
While the consumer has been resilient, elevated inflation expectations, concerns about trade policies and tariffs, and general economic and policy uncertainty could pose potential risks to future spending. 0 20
40 60
80 100
120
140
160
Index Level
Consumer Confidence
Recession
Source: US Department of Commerce Source: The Conference Board All time high is 144.70 (1/31/00); All time low is 25.30 (2/28/09)
CONSUMER
7 179
-25.0%
-20.0%
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
Leading Economic Indicators (LEI)
Recession
YOY (%) Change
-1.00
-0.75
-0.50
-0.25
0.00 0.25
0.50 0.75
1.00 Chicago Fed National Activity Index (CFNAI)
Recession
3 Month Average
The Conference Board’s Leading Economic Index (LEI) fell by 0.3% in June, following a flat reading in May. The LEI decreased by 4.0% year- over-year. The Conference Board is expecting economic growth to slow substantially in 2025 due to consumer pessimism, persistently soft manufacturing new orders, and rising first-time jobless claims. The Chicago Fed National Activity Index (CFNAI) improved to -0.28 in May from a downwardly revised -0.36 in April. The three-month moving average dropped to -0.16 in May from 0.06 in April, indicating slightly below trend growth.
Source: The Conference Board Source: Federal Reserve Bank of Chicago
LEADING INDICATORS OF ECONOMIC ACTIVITY
8 180
0 200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2,200
2,400
In Thousands of Units
Annualized Housing Starts
Multi Family Housing Starts
Single Family Housing Starts
Housing starts increased 4.6% month-over-month in June to a seasonally adjusted annual rate of 1.321 million units. Multi-family starts drove the gain, while single-family starts fell on weak buyer demand. The Freddie Mac 30-year fixed rate mortgage averaged approximately 6.8% in June. According to the Case-Shiller 20-City Home Price Index, housing prices rose 3.4% year-over-year in April, compared to 4.1% in March. Limited inventory, elevated mortgage rates, and lack of affordability continue to weigh on the housing market.
Source: US Department of Commerce Source: S&P
-20.0%
-16.0%
-12.0%
-8.0%
-4.0%
0.0%
4.0%
8.0%
12.0%
16.0%
20.0%
24.0%
S&P/Case-Shiller 20 City Composite Home Price Index
Recession
YOY (%) Change
HOUSING
9 181
40 45
50 55
60 65
70 Institute of Supply Management (ISM) Surveys
ISM Manufacturing ISM Services
EXPANDING
CONTRACTING
The Institute for Supply Management (ISM) Manufacturing index edged up to 49.0 in June from 48.5 in May, indicating a continuation of modest contraction in the sector. Inventories and production improved as companies worked through backlogs, while employment and new orders contracted. The ISM Services index increased to 50.8 in June from 49.9 in May, as new orders improved. However, ongoing concerns about the impact of tariffs remain. A reading over 50 indicates expansion, while a reading under 50 indicates contraction.
Source: Institute for Supply Management
SURVEY BASED MEASURES
10 182
Components of GDP 6/24 9/24 12/24 3/25
1.9% 2.5% 2.7% 0.3%
1.5% 0.2% -1.0% 3.9%
-0.9% -0.4% 0.3% -4.6%
0.3% 0.6% 0.3% -0.3%
0.3% 0.3% 0.3% 0.2%
3.0% 3.1% 2.5% -0.5%
State and Local (Consumption and Gross
Investment)
Personal Consumption Expenditures
Gross Private Domestic Investment
Net Exports and Imports
Federal Government Expenditures
Total
-40.0%
-30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
Gross Domestic Product (GDP)
GDP QOQ % Change
GDP YOY % Change
Source: US Department of Commerce Source: US Department of Commerce Real GDP decreased at an annualized rate of 0.5% in the first quarter of 2025, according to the third and final estimate from the Bureauof Economic Analysis, a downward revision from the previously estimated 0.2% decline. This marks the first negative quarter since 2022.
The primary driver of the downward revision was weaker personal consumption expenditures. Net exports remained the primary drag on growth, as imports rose sharply in anticipation of higher tariffs. Gross investment contributed positively, powered by business decisions to get ahead of possible cost increases. The consensus projection calls for 2.1% growth for the second quarter and 1.5% for the full year 2025.
GROSS DOMESTIC PRODUCT (GDP)
11 183
Source: Federal Reserve Source: Bloomberg
0 1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
Federal Reserve Balance Sheet Assets
Recession
In $ millions
As broadly anticipated, the Federal Open Market Committee (FOMC) left the Federal Funds Rate unchanged at the range of 4.25 - 4.50% at the June meeting. In the Summaryof Economic Projections (SEP), Federal Reserve officials continued to pencil in two rate cuts in 2025, while downgrading estimates for economic growth and raising forecasts for both unemployment and inflation this year. The statement indicated that uncertainty about the economic outlook remained elevatedbut had diminished. The monthly redemption capon Treasuries will remain at $5 billion, while the cap on agencies and mortgage-backed securities will be maintained at $35 billion. Since the Fed began its Quantitative Tightening campaign in June 2022, securities holdings have declined by about $2.2 trillion to approximately $6.7 trillion.
FEDERAL RESERVE
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
Effective Federal Funds Rate
Recession
Yield (%)
12 184
Source: Bloomberg Source: Bloomberg
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
US Treasury Note Yields
2-Year
5-Year
10-Year
Yield (%)
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
US Treasury Yield Curve
Jun-25
Mar-25
Jun-24
Yield (%)
At the end of June, the 2-year Treasury yield was 103 basis points lower, and the 10-Year Treasury yield was 17 basis points lower, year- over-year. The spread between the 2-year and 10-year Treasury yield pointson the curve edged up to +51 basis points at June month-end versus +50 basis points at May month-end. The recent yield curve inversion which began in July 2022 was historically long. The average historical spread (since 2005) is about +99 basis points. The spread between the 3-month and 10-year Treasury yield points on the curve was -7 basis points in June, versus -6 basis points in May.
BOND YIELDS
13 185
ACCOUNT PROFILE
14 186
OBJECTIVES
Investment Objectives
Safety of principal is the foremost objective of the investment program. The investment portfolio shall remain sufficiently liquid to meet all requirements that may be reasonably anticipated. The investment portfolio shall be designed with the objective of attaining a market rate of return throughout budgetary and economic cycles, taking into account the investment risk constraints and liquidity needs.
Chandler Asset Management Performance Objective
The performance objective for the portfolio is to earn a total rate of return through a market cycle that is equal to or above the return on the benchmark index.
Strategy
In order to achieve this objective, the portfolio invests in high-quality fixed income securities that comply with the investment policy and all regulations governing the funds. 15 187
STATEMENT OF COMPLIANCE
City of Rocklin | Account #11014 | As of June 30, 2025
Rules Name Limit Actual Compliance
Status Notes
AGENCY MORTGAGE SECURITIES (CMOS)
Max % (MV) 20.0 4.9 Compliant
Max % Issuer (MV) 30.0 4.8 Compliant
Max Maturity (Years) 5.0 4.2 Compliant
Min Rating (AA by 1) 0.0 0.0 Compliant
ASSET-BACKED SECURITIES (ABS)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
BANKERS' ACCEPTANCES
Max % (MV) 40.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 180 0.0 Compliant
Min Rating (A-1 by 1 & A- by 1) 0.0 0.0 Compliant
COLLATERALIZED BANK DEPOSITS
Max % (MV) 100.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
COLLATERALIZED TIME DEPOSITS (NON-
NEGOTIABLE CD/TD)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
COMMERCIAL PAPER
Max % (MV) 25.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant
CORPORATE MEDIUM TERM NOTES
Max % (MV) 30.0 25.9 Compliant
Max % Issuer (MV) 5.0 1.7 Compliant
Max Maturity (Years) 5 4 Compliant
16 188
STATEMENT OF COMPLIANCE
City of Rocklin | Account #11014 | As of June 30, 2025
Rules Name Limit Actual Compliance
Status Notes
Min Rating (A- by 1) 0.0 0.0 Compliant
FDIC INSURED TIME DEPOSITS (NON-NEGOTIABLE
CD/TD)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
FEDERAL AGENCIES
Max % (MV) 100.0 4.7 Compliant
Max % Issuer (MV) 30.0 3.2 Compliant
Max Callables (MV) 20.0 0.0 Compliant
Max Maturity (Years) 5 3 Compliant
LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (MV) 75.0 0.0 Compliant
LOCAL GOVERNMENT INVESTMENT POOL (LGIP)
Max % (MV) 25.0 0.0 Compliant
MONEY MARKET MUTUAL FUNDS
Max % (MV) 20.0 0.5 Compliant
Max % Issuer (MV) 20.0 0.5 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant
MORTGAGE -BACKED SECURITIES, CMOS (NON-
AGENCY)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
MUNICIPAL SECURITIES (CA, LOCAL AGENCY)
Max % (MV) 30.0 0.9 Compliant
Max % Issuer (MV) 5.0 0.9 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant
MUNICIPAL SECURITIES (CA, OTHER STATES)
17 189
STATEMENT OF COMPLIANCE
City of Rocklin | Account #11014 | As of June 30, 2025
Rules Name Limit Actual Compliance
Status Notes
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant
MUTUAL FUNDS
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 10.0 0.0 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant
NEGOTIABLE CERTIFICATES OF DEPOSIT (NCD)
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1 if > FDIC Limit) 0.0 0.0 Compliant
REPURCHASE AGREEMENTS
Max % (MV) 100.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 1.0 0.0 Compliant
SUPRANATIONAL OBLIGATIONS
Max % (MV) 30.0 5.4 Compliant
Max % Issuer (MV) 10.0 2.8 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (MV) 100.0 57.7 Compliant
Max Maturity (Years) 5 4 Compliant
18 190
PORTFOLIO CHARACTERISTICS
City of Rocklin | Account #11014 | As of June 30, 2025
Benchmark* 6/30/2025
Portfolio
3/31/2025
Portfolio
Average Maturity (yrs) 2.65 2.78 2.85
Average Modified Duration 2.48 2.52 2.58
Average Purchase Yield 4.26% 4.27%
Average Market Yield 3.78% 3.96% 4.11%
Average Quality** AA+ AA AA+
Total Market Value 68,168,286 67,180,807
*Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index **The credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch. 19 191
SECTOR DISTRIBUTION
City of Rocklin | Account #11014 | As of June 30, 2025
Sector as a Percentage of Market Value
Sector 06/30/2025 03/31/2025
US Treasury 57.69% 57.10%
Corporate 25.95% 26.18%
Supras 5.41% 5.45%
Agency CMBS 4.88% 4.64%
Agency 4.71% 4.76%
Muni Bonds 0.89% 0.89%
Money Mkt Fd 0.47% 0.97%
20 192
ISSUERS
City of Rocklin | Account #11014 | As of June 30, 2025
Issuer Investment Type % Portfolio
Government of The United States US Treasury 57.69%
FHLMC Agency CMBS 4.88%
Farm Credit System Agency 3.22%
International Bank for Recon and Dev Supras 2.83%
Inter-American Development Bank Supras 2.58%
Toyota Motor Corporation Corporate 1.67%
Deere & Company Corporate 1.64%
Federal Home Loan Banks Agency 1.49%
National Rural Utilities Cooperative Corporate 1.34%
Eli Lilly and Company Corporate 1.26%
The Toronto-Dominion Bank Corporate 1.13%
Royal Bank of Canada Corporate 1.12%
Caterpillar Inc. Corporate 1.11%
Walmart Inc. Corporate 1.11%
Chubb Limited Corporate 1.09%
UnitedHealth Group Incorporated Corporate 1.08%
Florida Power & Light Corporate 1.07%
PepsiCo, Inc. Corporate 1.07%
The Home Depot, Inc. Corporate 1.06%
State Street Corporation Corporate 0.98%
Public Service Enterprise Group Inco Corporate 0.95%
Honeywell International Inc. Corporate 0.94%
The PNC Financial Services Group, In Corporate 0.94%
PACCAR Inc Corporate 0.89%
State of California Muni Bonds 0.89%
Bank of America Corporation Corporate 0.88%
Morgan Stanley Corporate 0.86%
JPMorgan Chase & Co. Corporate 0.83%
Realty Income Corporation Corporate 0.74%
Duke Energy Corporation Corporate 0.73%
21 193
ISSUERS
City of Rocklin | Account #11014 | As of June 30, 2025
Issuer Investment Type % Portfolio
Apple Inc. Corporate 0.73%
Prologis, Inc. Corporate 0.72%
First American Govt Oblig fund Money Mkt Fd 0.47%
Cash Cash 0.00%
TOTAL 100.00%
22 194
QUALITY DISTRIBUTION
Rating 06/30/2025 03/31/2025
AAA 5.9% 6.4%
AA 70.8% 70.2%
A 22.3% 22.4%
NA 1.0% 1.0%
Rating 06/30/2025 03/31/2025
AAA 7.58% 73.63%
AA 71.51% 5.37%
A 20.92% 21.00%
Rating 06/30/2025 03/31/2025
AAA 4.37% 4.63%
AA 71.29% 70.93%
A 11.80% 11.87%
NA 12.54% 12.57%
City of Rocklin | Account #11014 | As of June 30, 2025
S&P Rating Moody’s Rating Fitch Rating
23 195
0-.25 .25-.5 .5-1 1-2 2-3 3-4 4-5 5-7 7+
Portfolio 2.3% 7.4% 4.0% 19.5% 26.8% 28.6% 11.3% 0.0% 0.0% ICE BofA 1-5 Year Unsubordinated US Treasury &
Agency Index 0.0% 0.1% 2.6% 34.9% 27.8% 23.4% 11.1% 0.0% 0.0%
DURATION DISTRIBUTION
City of Rocklin | Account #11014 | As of June 30, 2025
Portfolio Compared to the Benchmark
24 196
3 Months 12 Months 2 Years 3 Years 5 Years 10 Years Since Inception
TOTAL RATE OF RETURN
City of Rocklin 1.49% 6.34% 5.44% 5.26%
Benchmark 1.36% 6.06% 5.11% 4.86%
*Periods over 1 year are annualized.
Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index Total rate of return: A measure of a portfolio’s performance over time. It is the internal rate of return, which equates the beginning value of the portfolio with the ending market value; it includes interest earnings, realized and unrealized gains and losses in the portfolio.
INVESTMENT PERFORMANCE
City of Rocklin | Account #11014 | As of June 30, 2025
Total Rate of Return : Inception | 03/01/2023
25 197
PORTFOLIO CHARACTERISTICS
City of Rocklin Liquidity | Account #11170 | As of June 30, 2025 Benchmark* 6/30/2025
Portfolio
3/31/2025
Portfolio
Average Maturity (yrs) 0.16 0.38 0.12
Average Modified Duration 0.16 0.38 0.11
Average Purchase Yield 4.28% 4.45%
Average Market Yield 4.37% 4.26% 4.30%
Average Quality** AA+ AAA AAA
Total Market Value 5,401,725 5,344,935
*Benchmark: ICE BofA 3-Month US Treasury Bill Index
**The credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch. 26 198
SECTOR DISTRIBUTION
City of Rocklin Liquidity | Account #11170 | As of June 30, 2025 Sector as a Percentage of Market Value
Sector 06/30/2025 03/31/2025
US Treasury 98.34% 94.92%
Money Mkt Fd 1.66% 5.06%
27 199
ISSUERS
City of Rocklin Liquidity | Account #11170 | As of June 30, 2025 Issuer Investment Type % Portfolio
Government of The United States US Treasury 98.34%
First American Govt Oblig fund Money Mkt Fd 1.66%
Cash Cash 0.01%
TOTAL 100.00%
28 200
CONSOLIDATED INFORMATION
29 201
PORTFOLIO CHARACTERISTICS
City of Rocklin Cons Agg | Account #11171 | As of June 30, 2025 6/30/2025
Portfolio
3/31/2025
Portfolio
Average Maturity (yrs) 2.60 2.64
Average Modified Duration 2.36 2.39
Average Purchase Yield 4.26% 4.28%
Average Market Yield 3.99% 4.12%
Average Quality** AA+ AA+
Total Market Value 73,570,011 72,525,742
*Benchmark: NO BENCHMARK REQUIRED
**The credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch. 30 202
SECTOR DISTRIBUTION
City of Rocklin Cons Agg | Account #11171 | As of June 30, 2025 Sector as a Percentage of Market Value
Sector 06/30/2025 03/31/2025
US Treasury 60.70% 59.91%
Corporate 24.03% 24.23%
Supras 5.01% 5.05%
Agency CMBS 4.52% 4.30%
Agency 4.36% 4.41%
Muni Bonds 0.82% 0.83%
Money Mkt Fd 0.56% 1.27%
31 203
PORTFOLIO HOLDINGS
32 204
HOLDINGS REPORT
City of Rocklin | Account #11014 | As of June 30, 2025
Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
AGENCY
3133EPME2 FEDERAL FARM CREDIT BANKS
FUNDING CORP 3.875 06/08/2028 650,000.00 06/07/2023
3.96%
647,426.00
648,488.29
100.19
3.81%
651,232.33
1,609.20
0.96%
2,744.04
Aa1/AA+
AA+
2.94 2.75
3130AWN63 FEDERAL HOME LOAN BANKS 4.0
06/30/2028 1,000,000.00 07/13/2023
4.06%
997,340.00
998,393.44
100.89
3.68%
1,008,916.30
111.11
1.49%
10,522.86
Aa1/AA+
AA+
3.00 2.80
3133EPSK2 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.25 08/07/2028 500,000.00 08/17/2023
4.49%
494,755.00
496,720.43
101.23
3.83%
506,126.87
8,500.00
0.75%
9,406.44
Aa1/AA+
AA+
3.10 2.84
3133ERAK7 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.375 04/10/2029 1,000,000.00 04/19/2024
4.72%
985,040.00
988,627.43
101.63
3.90%
1,016,330.59
9,843.75
1.50%
27,703.16
Aa1/AA+
AA+
3.78 3.42
3,124,561.00 101.04 3,182,606.09 4.71% 3.25
Total Agency 3,150,000.00 4.32% 3,132,229.58 3.80% 20,064.06 50,376.51 2.99
AGENCY CMBS
3137BVZ82 FHMS K-063 A2 3.43 01/25/2027 1,000,000.00 12/08/2022
4.22%
970,156.25
988,919.75
98.81 4.16%
988,115.60
2,858.33
1.46%
(804.15)
Aa1/AA+
AAA
1.57 1.36
3137F1G44 FHMS K-065 A2 3.243 04/25/2027 500,000.00 12/27/2022
4.33%
478,574.22
491,178.63
98.42 4.10%
492,105.55
1,351.25
0.73%
926.92
Aa1/AA+
AAA
1.82 1.65
3137F2LJ3 FHMS K-066 A2 3.117 06/25/2027 1,000,000.00 12/15/2022
4.06%
961,406.25
983,364.76
98.23 4.04%
982,297.70
2,597.50
1.45%
(1,067.06)
Aa1/AA+
AAA
1.99 1.74
3137FJZ93 FHMS K-084 A2 3.78 10/25/2028 650,000.00 01/14/2025
4.78%
627,326.17
630,091.27
99.13 4.02%
644,328.49
2,047.50
0.95%
14,237.22
Aaa/AA+
AA+
3.32 3.01
3137FPJG1 FHMS K-099 A2 2.595 09/25/2029 200,000.00 06/06/2025
4.38%
186,367.19
186,543.90
94.30 4.09%
188,608.02
432.50
0.28%
2,064.12
Aa1/AA+
AAA
4.24 3.84
3,223,830.08 98.38 3,295,455.36 4.88% 2.23
Total Agency CMBS 3,350,000.00 4.31% 3,280,098.31 4.08% 9,287.08 15,357.05 1.98 CASH
CCYUSD Receivable 808.34 -- 808.34
808.34
1.00 0.00%
808.34
0.00 0.00%
0.00 Aaa/AAA
AAA
0.00 0.00
808.34 1.00 808.34 0.00% 0.00
Total Cash 808.34 808.34 0.00% 0.00 0.00 0.00
33 205
HOLDINGS REPORT
City of Rocklin | Account #11014 | As of June 30, 2025
Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
CORPORATE
756109BE3 REALTY INCOME CORP 4.625
11/01/2025 500,000.00 --
4.72%
498,730.00
499,851.69
99.99 4.62%
499,955.58
3,854.17
0.74%
103.88
A3/A-
NA
0.34 0.33
14913R3B1 CATERPILLAR FINANCIAL SERVICES
CORP 4.8 01/06/2026 750,000.00 --
4.60%
754,040.00
750,702.72
100.17
4.47%
751,246.22
17,500.00
1.11%
543.50
A2/A
A+
0.52 0.49
63743HFH0
NATIONAL RURAL UTILITIES
COOPERATIVE FINANCE CORP 4.45
03/13/2026
250,000.00 02/07/2023
4.73%
248,000.00
249,547.87
100.04
4.38%
250,105.00
3,337.50
0.37%
557.13
A2/A-
A
0.70 0.59
438516BL9 HONEYWELL INTERNATIONAL INC
2.5 11/01/2026 650,000.00 12/13/2022
4.24%
609,862.50
636,177.06
97.77 4.23%
635,532.68
2,708.33
0.94%
(644.38)
A2/A
A
1.34 1.29
26444HAC5 DUKE ENERGY FLORIDA LLC 3.2
01/15/2027 500,000.00 12/29/2022
4.60%
474,475.00
490,244.01
98.71 4.07%
493,546.84
7,377.78
0.73%
3,302.83
A1/A
NA
1.54 1.46
74340XBN0 PROLOGIS LP 2.125 04/15/2027 500,000.00 12/27/2022
4.71%
450,040.00
479,193.95
96.65 4.09%
483,226.14
2,243.06
0.72%
4,032.19
A2/A
NA
1.79 1.72
78016FZS6 ROYAL BANK OF CANADA 4.24
08/03/2027 250,000.00 12/16/2022
4.67%
245,507.50
247,968.12
100.16
4.16%
250,407.34
4,357.78
0.37%
2,439.22
A1/A
AA-
2.09 1.95
24422EWK1 JOHN DEERE CAPITAL CORP 4.15
09/15/2027 500,000.00 12/07/2022
4.43%
494,055.00
497,247.75
100.21
4.05%
501,042.76
6,109.72
0.74%
3,795.00
A1/A
A+
2.21 2.06
89115A2H4 TORONTO-DOMINION BANK 4.693
09/15/2027 250,000.00 12/16/2022
4.71%
249,847.50
249,928.95
100.96
4.23%
252,404.53
3,454.57
0.37%
2,475.58
A2/A-
AA-
2.21 2.05
91324PDE9 UNITEDHEALTH GROUP INC 2.95
10/15/2027 750,000.00 --
4.34%
704,875.00
728,566.91
97.29 4.20%
729,640.37
4,670.83
1.08%
1,073.46
A2/A+
A
2.29 2.17
69353RFG8 PNC BANK NA (DELAWARE) 3.1
10/25/2027 650,000.00 01/07/2025
4.73%
622,583.00
627,260.02
97.54 4.22%
634,031.35
3,694.17
0.94%
6,771.33
A2/A
A+
2.32 2.19
037833DK3 APPLE INC 3.0 11/13/2027 500,000.00 12/16/2022
4.19%
473,720.00
487,293.35
98.07 3.86%
490,342.38
2,000.00
0.73%
3,049.03
Aaa/AA+
NA
2.37 2.25
69371RS31 PACCAR FINANCIAL CORP 4.6
01/10/2028 250,000.00 01/17/2023
4.29%
253,425.00
251,739.83
101.28
4.06%
253,204.74
5,462.50
0.37%
1,464.91
A1/A+
NA
2.53 2.32
89115A2M3 TORONTO-DOMINION BANK 5.156
01/10/2028 250,000.00 01/17/2023
4.78%
254,137.50
252,101.77
102.04
4.29%
255,105.58
6,122.75
0.38%
3,003.81
A2/A-
AA-
2.53 2.30
89236TKQ7 TOYOTA MOTOR CREDIT CORP
4.625 01/12/2028 615,000.00 01/09/2023
4.64%
614,594.10
614,794.38
101.21
4.12%
622,439.34
13,352.76
0.92%
7,644.96
A1/A+
A+
2.54 2.32
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028 245,000.00 01/09/2023
4.91%
244,870.15
244,935.95
101.82
4.13%
249,466.85
5,635.68
0.37%
4,530.90
A1/A
AA-
2.54 2.31
34 206
HOLDINGS REPORT
City of Rocklin | Account #11014 | As of June 30, 2025
Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
06051GGF0 BANK OF AMERICA CORP 3.824
01/20/2028 600,000.00 01/17/2023
5.51%
572,508.00
589,251.66
99.13 5.07%
594,770.90
10,261.07
0.88%
5,519.24
A1/A-
AA-
2.56 1.46
61747YEK7 MORGAN STANLEY 2.475
01/21/2028 600,000.00 01/18/2023
5.24%
546,606.00
579,068.28
97.07 4.82%
582,390.26
6,600.00
0.86%
3,321.98
A1/A-
A+
2.56 1.49
46625HRY8 JPMORGAN CHASE & CO 3.782
02/01/2028 565,000.00 01/30/2023
5.34%
541,219.15
552,692.83
99.13 4.94%
560,091.03
8,903.46
0.83%
7,398.21
A1/A
AA-
2.59 1.50
63743HFW7
NATIONAL RURAL UTILITIES
COOPERATIVE FINANCE CORP 4.75
02/07/2028
650,000.00 02/18/2025
4.66%
651,553.50
651,358.57
101.29
4.22%
658,386.61
12,350.00
0.97%
7,028.03
A2/NA
A
2.61 2.31
931142FB4 WALMART INC 3.9 04/15/2028 750,000.00 --
3.97%
747,942.50
748,749.26
100.11
3.86%
750,838.49
6,175.00
1.11%
2,089.23
Aa2/AA
AA
2.79 2.52
89115A2U5 TORONTO-DOMINION BANK 5.523
07/17/2028 250,000.00 08/04/2023
5.33%
252,042.50
251,258.32
103.44
4.31%
258,594.18
6,290.08
0.38%
7,335.86
A2/A-
AA-
3.05 2.72
78016HZS2 ROYAL BANK OF CANADA 5.2
08/01/2028 250,000.00 08/04/2023
5.34%
248,485.00
249,061.87
102.87
4.20%
257,177.82
5,416.67
0.38%
8,115.95
A1/A
AA-
3.09 2.77
74456QBX3 PUBLIC SERVICE ELECTRIC AND
GAS CO 3.65 09/01/2028 650,000.00 11/30/2023
4.92%
615,478.50
626,932.55
98.46 4.17%
639,964.20
7,908.33
0.95%
13,031.65
A1/A
NA
3.17 2.92
89236TLL7 TOYOTA MOTOR CREDIT CORP
4.65 01/05/2029 500,000.00 01/12/2024
4.46%
504,095.00
502,896.96
101.19
4.28%
505,927.44
11,366.67
0.75%
3,030.48
A1/A+
A+
3.52 3.14
24422EXH7 JOHN DEERE CAPITAL CORP 4.5
01/16/2029 600,000.00 01/12/2024
4.38%
603,108.00
602,204.20
101.09
4.16%
606,552.25
12,375.00
0.90%
4,348.06
A1/A
A+
3.55 3.18
532457CK2 ELI LILLY AND CO 4.5 02/09/2029 415,000.00 02/07/2024
4.51%
414,726.10
414,802.26
101.47
4.06%
421,103.59
7,366.25
0.62%
6,301.33
Aa3/A+
NA
3.61 3.18
437076CW0 HOME DEPOT INC 4.9 04/15/2029 700,000.00 04/16/2024
5.18%
691,593.00
693,617.51
102.60
4.15%
718,173.52
7,241.11
1.06%
24,556.01
A2/A
A
3.79 3.34
341081GT8 FLORIDA POWER & LIGHT CO 5.15
06/15/2029 700,000.00 08/22/2024
4.31%
724,549.00
720,032.91
103.48
4.19%
724,359.00
1,602.22
1.07%
4,326.09
Aa2/A+
AA-
3.96 3.42
713448FX1 PEPSICO INC 4.5 07/17/2029 710,000.00 --
4.53%
709,005.50
709,195.58
101.59
4.07%
721,318.51
14,555.00
1.07%
12,122.93
A1/A+
NA
4.05 3.53
171239AL0 CHUBB INA HOLDINGS LLC 4.65
08/15/2029 725,000.00 08/20/2024
4.27%
737,020.50
734,910.70
101.70
4.19%
737,356.59
12,735.83
1.09%
2,445.89
A2/A
A
4.13 3.59
69371RT48 PACCAR FINANCIAL CORP 4.0
09/26/2029 350,000.00 09/23/2024
4.05%
349,279.00
349,388.77
99.47 4.14%
348,134.06
3,694.44
0.52%
(1,254.71)
A1/A+
NA
4.24 3.82
35 207
HOLDINGS REPORT
City of Rocklin | Account #11014 | As of June 30, 2025
Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
857449AE2 STATE STREET BANK AND TRUST
CO 4.782 11/23/2029 650,000.00 12/09/2024
4.56%
656,376.50
655,660.95
102.13
4.24%
663,845.40
3,280.98
0.98%
8,184.45
Aa2/AA-
AA
4.40 3.92
532457CV8 ELI LILLY AND CO 4.75 02/12/2030 420,000.00 02/10/2025
4.76%
419,910.70
419,917.44
102.53
4.14%
430,616.03
7,702.92
0.64%
10,698.59
Aa3/A+
NA
4.62 3.98
Total Corporate 17,495,000.00 4.64%
17,178,260.70
17,358,554.95
100.24
4.25%
17,531,297.57
237,706.63
25.95%
172,742.62
2.77 2.41
MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 318,239.92 --
3.96%
318,239.92
318,239.92
1.00 3.96%
318,239.92
0.00 0.47%
0.00 Aaa/AAAm
AAA
0.00 0.00
Total Money Market
Fund 318,239.92 3.96%
318,239.92
318,239.92
1.00 3.96%
318,239.92
0.00 0.47%
0.00 0.00
0.00 MUNICIPAL BONDS
13063EGT7 CALIFORNIA STATE 4.5 08/01/2029 590,000.00 10/30/2024
4.38%
593,109.30
592,681.55
101.77
4.02%
600,469.55
11,062.50
0.89%
7,788.00
Aa2/AA-
AA
4.09 3.64
Total Municipal
Bonds 590,000.00 4.38%
593,109.30
592,681.55
101.77
4.02%
600,469.55
11,062.50
0.89%
7,788.00
4.09 3.64
SUPRANATIONAL
4581X0EH7 INTER-AMERICAN DEVELOPMENT
BANK 4.0 01/12/2028 550,000.00 03/19/2024
4.51%
540,254.00
543,523.67
100.58
3.76%
553,196.22
10,327.78
0.82%
9,672.54
Aaa/AAA
NA
2.54 2.34
459058KW2
INTERNATIONAL BANK FOR
RECONSTRUCTION AND
DEVELOPM 4.625 08/01/2028
700,000.00 01/18/2024
4.14%
713,846.00
709,440.07
102.47
3.77%
717,324.24
13,489.58
1.06%
7,884.16
Aaa/AAA
NA
3.09 2.81
4581X0DC9 INTER-AMERICAN DEVELOPMENT
BANK 3.125 09/18/2028 700,000.00 01/18/2024
4.14%
670,110.00
679,352.88
98.05 3.77%
686,346.33
6,258.68
1.02%
6,993.45
Aaa/AAA
NA
3.22 3.00
4581X0EN4 INTER-AMERICAN DEVELOPMENT
BANK 4.125 02/15/2029 500,000.00 02/16/2024
4.40%
493,885.00
495,550.59
101.10
3.80%
505,479.89
7,791.67
0.75%
9,929.30
Aaa/AAA
NA
3.63 3.29
459058LN1
INTERNATIONAL BANK FOR
RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
515,000.00 10/08/2024
3.93%
513,655.85
513,845.77
100.24
3.81%
516,210.55
4,157.55
0.76%
2,364.78
Aaa/AAA
NA
4.30 3.89
36 208
HOLDINGS REPORT
City of Rocklin | Account #11014 | As of June 30, 2025
Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
459058LR2
INTERNATIONAL BANK FOR
RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
670,000.00 --
4.21%
667,311.30
667,462.96
101.23
3.84%
678,208.13
7,753.85
1.00%
10,745.17
Aaa/AAA
NA
4.72 4.21
Total Supranational 3,635,000.00 4.22%
3,599,062.15
3,609,175.95
100.62
3.79%
3,656,765.35
49,779.11
5.41%
47,589.40
3.58 3.25
US TREASURY
91282CFE6 UNITED STATES TREASURY 3.125
08/15/2025 1,250,000.00 01/19/2023
3.88%
1,227,197.27
1,248,906.05
99.83 4.45%
1,247,866.50
14,675.41
1.85%
(1,039.55)
Aa1/AA+
AA+
0.13 0.12
91282CFP1 UNITED STATES TREASURY 4.25
10/15/2025 1,250,000.00 12/07/2022
4.02%
1,257,519.53
1,250,764.94
99.97 4.31%
1,249,646.00
11,176.57
1.85%
(1,118.94)
Aa1/AA+
AA+
0.29 0.29
91282CFW6 UNITED STATES TREASURY 4.5
11/15/2025 1,250,000.00 12/13/2022
4.00%
1,267,041.02
1,252,188.02
100.05
4.34%
1,250,622.56
7,184.10
1.85%
(1,565.46)
Aa1/AA+
AA+
0.38 0.37
91282CGA3 UNITED STATES TREASURY 4.0
12/15/2025 1,250,000.00 12/13/2022
3.91%
1,253,271.48
1,250,498.48
99.92 4.16%
1,249,060.06
2,185.79
1.85%
(1,438.42)
Aa1/AA+
AA+
0.46 0.45
91282CGE5 UNITED STATES TREASURY 3.875
01/15/2026 1,250,000.00 02/06/2023
4.09%
1,242,724.61
1,248,657.48
99.87 4.13%
1,248,315.43
22,345.48
1.85%
(342.05)
Aa1/AA+
AA+
0.54 0.52
9128286X3 UNITED STATES TREASURY 2.125
05/31/2026 1,250,000.00 12/13/2022
3.87%
1,179,541.02
1,231,381.88
98.27 4.06%
1,228,417.98
2,249.83
1.82%
(2,963.91)
Aa1/AA+
AA+
0.92 0.89
91282CHU8 UNITED STATES TREASURY 4.375
08/15/2026 1,500,000.00 01/14/2025
4.35%
1,500,468.75
1,500,333.08
100.43
3.97%
1,506,503.91
24,654.70
2.23%
6,170.83
Aa1/AA+
AA+
1.13 1.07
912828U24 UNITED STATES TREASURY 2.0
11/15/2026 1,250,000.00 12/07/2022
3.81%
1,167,626.95
1,221,243.90
97.50 3.88%
1,218,798.83
3,192.93
1.80%
(2,445.07)
Aa1/AA+
AA+
1.38 1.33
912828V98 UNITED STATES TREASURY 2.25
02/15/2027 1,250,000.00 02/06/2023
3.88%
1,174,853.52
1,219,614.02
97.56 3.81%
1,219,531.25
10,566.30
1.81%
(82.77)
Aa1/AA+
AA+
1.63 1.56
91282CKE0 UNITED STATES TREASURY 4.25
03/15/2027 1,250,000.00 06/25/2024
4.51%
1,241,552.73
1,244,703.43
100.76
3.78%
1,259,472.65
15,591.03
1.86%
14,769.22
Aa1/AA+
AA+
1.71 1.61
91282CEF4 UNITED STATES TREASURY 2.5
03/31/2027 1,200,000.00 01/12/2023
3.68%
1,145,109.38
1,177,230.03
97.86 3.77%
1,174,359.37
7,540.98
1.74%
(2,870.66)
Aa1/AA+
AA+
1.75 1.68
91282CFB2 UNITED STATES TREASURY 2.75
07/31/2027 750,000.00 01/18/2024
4.09%
717,363.28
730,757.25
98.05 3.73%
735,380.86
8,603.25
1.09%
4,623.61
Aa1/AA+
AA+
2.08 1.98
91282CLX7 UNITED STATES TREASURY 4.125
11/15/2027 1,000,000.00 02/18/2025
4.31%
995,117.19
995,762.37
100.93
3.71%
1,009,257.81
5,268.34
1.49%
13,495.44
Aa1/AA+
AA+
2.38 2.23
37 209
HOLDINGS REPORT
City of Rocklin | Account #11014 | As of June 30, 2025
Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CFZ9 UNITED STATES TREASURY 3.875
11/30/2027 1,250,000.00 12/07/2022
3.65%
1,262,695.31
1,256,159.11
100.38
3.71%
1,254,785.15
4,102.63
1.86%
(1,373.96)
Aa1/AA+
AA+
2.42 2.28
9128283W8 UNITED STATES TREASURY 2.75
02/15/2028 1,000,000.00 12/09/2024
4.10%
960,117.19
967,084.67
97.62 3.71%
976,210.94
10,331.49
1.44%
9,126.27
Aa1/AA+
AA+
2.63 2.48
91282CBZ3 UNITED STATES TREASURY 1.25
04/30/2028 1,250,000.00 03/27/2025
4.02%
1,150,390.63
1,158,772.29
93.46 3.70%
1,168,310.55
2,632.47
1.73%
9,538.26
Aa1/AA+
AA+
2.84 2.73
91282CHE4 UNITED STATES TREASURY 3.625
05/31/2028 1,250,000.00 --
4.09%
1,224,394.53
1,234,617.89
99.79 3.70%
1,247,363.28
3,837.94
1.85%
12,745.38
Aa1/AA+
AA+
2.92 2.73
91282CHX2 UNITED STATES TREASURY 4.375
08/31/2028 1,750,000.00 09/08/2023
4.34%
1,752,392.58
1,751,524.35
101.97
3.71%
1,784,521.48
25,590.18
2.64%
32,997.13
Aa1/AA+
AA+
3.17 2.90
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 800,000.00 10/30/2023
4.83%
801,468.75
800,979.17
103.59
3.72%
828,750.40
6,570.65
1.23%
27,771.23
Aa1/AA+
AA+
3.34 3.04
912810FF0 UNITED STATES TREASURY 5.25
11/15/2028 1,000,000.00 01/18/2024
4.00%
1,054,101.56
1,037,858.81
104.77
3.73%
1,047,734.38
6,705.16
1.55%
9,875.57
Aa1/AA+
AA+
3.38 3.07
91282CJR3 UNITED STATES TREASURY 3.75
12/31/2028 1,250,000.00 01/17/2024
4.03%
1,234,619.14
1,239,125.42
100.09
3.72%
1,251,123.05
127.38
1.85%
11,997.63
Aa1/AA+
AA+
3.50 3.25
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 800,000.00 03/19/2024
4.31%
797,968.75
798,495.12
101.76
3.73%
814,093.75
11,364.13
1.20%
15,598.63
Aa1/AA+
AA+
3.67 3.33
9128286T2 UNITED STATES TREASURY 2.375
05/15/2029 500,000.00 05/29/2024
4.66%
450,019.53
460,976.04
95.13 3.74%
475,625.00
1,516.64
0.70%
14,648.96
Aa1/AA+
AA+
3.87 3.64
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 1,250,000.00 06/25/2024
4.27%
1,262,841.80
1,260,202.10
102.73
3.74%
1,284,082.03
4,764.34
1.90%
23,879.93
Aa1/AA+
AA+
3.92 3.56
91282CEV9 UNITED STATES TREASURY 3.25
06/30/2029 1,000,000.00 09/24/2024
3.51%
988,593.75
990,423.73
98.17 3.75%
981,718.75
88.32 1.45%
(8,704.98)
Aa1/AA+
AA+
4.00 3.71
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 600,000.00 07/30/2024
4.06%
598,429.69
598,717.78
100.93
3.75%
605,601.56
10,011.05
0.90%
6,883.78
Aa1/AA+
AA+
4.08 3.68
912828YB0 UNITED STATES TREASURY 1.625
08/15/2029 1,000,000.00 09/24/2024
3.48%
917,421.88
930,329.05
92.09 3.71%
920,859.38
6,104.97
1.36%
(9,469.67)
Aa1/AA+
AA+
4.13 3.90
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 600,000.00 10/23/2024
4.06%
585,140.63
587,202.14
98.99 3.76%
593,953.13
5,278.69
0.88%
6,750.99
Aa1/AA+
AA+
4.25 3.88
91282CLR0 UNITED STATES TREASURY 4.125
10/31/2029 550,000.00 11/19/2024
4.24%
547,121.09
547,476.57
101.43
3.76%
557,863.28
3,822.35
0.83%
10,386.71
Aa1/AA+
AA+
4.34 3.91
912828YS3 UNITED STATES TREASURY 1.75
11/15/2029 1,250,000.00 01/06/2025
4.40%
1,106,494.14
1,120,658.57
92.09 3.73%
1,151,074.23
2,793.82
1.70%
30,415.66
Aa1/AA+
AA+
4.38 4.13
38 210
HOLDINGS REPORT
City of Rocklin | Account #11014 | As of June 30, 2025
Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 600,000.00 12/05/2024
4.11%
600,468.75
600,415.44
101.47
3.76%
608,812.80
2,096.31
0.90%
8,397.36
Aa1/AA+
AA+
4.42 4.00
91282CMD0 UNITED STATES TREASURY 4.375
12/31/2029 1,500,000.00 12/30/2024
4.38%
1,499,531.25
1,499,577.97
102.48
3.77%
1,537,207.04
178.33
2.28%
37,629.06
Aa1/AA+
AA+
4.50 4.06
91282CMG3 UNITED STATES TREASURY 4.25
01/31/2030 1,000,000.00 02/18/2025
4.38%
994,375.00
994,785.90
101.97
3.78%
1,019,726.56
17,727.90
1.51%
24,940.66
Aa1/AA+
AA+
4.59 4.07
91282CMZ1 UNITED STATES TREASURY 3.875
04/30/2030 2,000,000.00 --
3.86%
2,001,875.00
2,001,741.00
100.39
3.78%
2,007,812.50
13,057.07
2.97%
6,071.50
Aa1/AA+
AA+
4.83 4.34
91282CNG2 UNITED STATES TREASURY 4.0
05/31/2030 1,250,000.00 06/06/2025
4.11%
1,243,798.83
1,243,873.91
100.97
3.78%
1,262,110.00
4,234.97
1.87%
18,236.09
Aa1/AA+
AA+
4.92 4.42
Total US Treasury 39,150,000.00 4.08%
38,403,646.51
38,653,037.95
99.64 3.85%
38,976,572.43
278,171.53
57.69%
323,534.47
2.72 2.51
Total Portfolio 67,689,048.26 4.26%
66,441,518.01
66,944,826.55
99.40 3.96%
67,562,214.61
606,070.92
100.00%
617,388.06
2.78 2.52
Total Market Value +
Accrued 68,168,285.53
39 211
HOLDINGS REPORT
City of Rocklin Liquidity | Account #11170 | As of June 30, 2025 Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
CASH
CCYUSD Receivable 286.91 -- 286.91
286.91
1.00 0.00%
286.91
0.00 0.01%
0.00 Aaa/AAA
AAA
0.00 0.00
Total Cash 286.91
286.91
286.91
1.00 0.00%
286.91
0.00 0.01%
0.00 0.00
0.00 MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 89,600.57 --
3.96%
89,600.57
89,600.57
1.00 3.96%
89,600.57
0.00 1.66%
0.00 Aaa/AAAm
AAA
0.00 0.00
Total Money Market
Fund 89,600.57 3.96%
89,600.57
89,600.57
1.00 3.96%
89,600.57
0.00 1.66%
0.00 0.00
0.00 US TREASURY
912797QR1 UNITED STATES TREASURY
11/20/2025 5,400,000.00 05/20/2025
4.28%
5,287,136.33
5,311,941.53
98.37 4.27%
5,311,837.55
0.00 98.34%
(103.98)
P-1/A-1+
F1+
0.39 0.38
Total US Treasury 5,400,000.00 4.28%
5,287,136.33
5,311,941.53
98.37 4.27%
5,311,837.55
0.00 98.34%
(103.98)
0.39 0.38
Total Portfolio 5,489,887.48 4.28%
5,377,023.81
5,401,829.01
96.75 4.26%
5,401,725.03
0.00 100.00%
(103.98)
0.38 0.38
Total Market Value +
Accrued 5,401,725.03
40 212
TRANSACTIONS
41 213
TRANSACTION LEDGER
City of Rocklin | Account #11014|04/01/2025 Through 06/30/2025| Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
ACQUISITIONS
Purchase 04/30/2025 91282CMZ1 1,500,000.00 UNITED STATES TREASURY
3.875 04/30/2030 100.426 3.78% (1,506,386.72) 0.00 (1,506,386.72) 0.00 Purchase 05/29/2025 91282CMZ1 500,000.00 UNITED STATES TREASURY
3.875 04/30/2030 99.098 4.08% (495,488.28) (1,526.83) (497,015.11) 0.00 Purchase 06/09/2025 91282CNG2 1,250,000.00 UNITED STATES TREASURY
4.0 05/31/2030 99.504 4.11% (1,243,798.83) (1,229.51) (1,245,028.34) 0.00 Purchase 06/11/2025 3137FPJG1 200,000.00 FHMS K-099 A2 2.595 09/25/2029 93.184 4.38% (186,367.19) (144.17) (186,511.36) 0.00 Total Purchase 3,450,000.00 (3,432,041.02) (2,900.51) (3,434,941.53) 0.00 TOTAL
ACQUISITIONS 3,450,000.00 (3,432,041.02) (2,900.51) (3,434,941.53) 0.00
DISPOSITIONS
Sale 04/30/2025 91282CGC9 (1,250,000.00) UNITED STATES TREASURY
3.875 12/31/2027 100.586 3.96% 1,257,324.22 16,056.63 1,273,380.85 9,819.52 Sale 06/09/2025 91282CEY3 (1,250,000.00) UNITED STATES TREASURY
3.0 07/15/2025 99.879 4.12% 1,248,486.33 15,020.72 1,263,507.05 (205.96) Total Sale (2,500,000.00) 2,505,810.55 31,077.35 2,536,887.90 9,613.56 TOTAL
DISPOSITIONS (2,500,000.00) 2,505,810.55 31,077.35 2,536,887.90 9,613.56 42 214
TRANSACTION LEDGER
City of Rocklin Liquidity | Account #11170|04/01/2025 Through 06/30/2025| Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
ACQUISITIONS
Purchase 05/22/2025 912797QR1 5,400,000.00 UNITED STATES TREASURY 11/20/2025 97.910 4.28% (5,287,136.33) 0.00 (5,287,136.33) 0.00 Total Purchase 5,400,000.00 (5,287,136.33) 0.00 (5,287,136.33) 0.00 TOTAL
ACQUISITIONS 5,400,000.00 (5,287,136.33) 0.00 (5,287,136.33) 0.00
DISPOSITIONS
Maturity 05/15/2025 912797LB1 (5,100,000.00) UNITED STATES TREASURY 05/15/2025 100.000 4.47% 5,100,000.00 0.00 5,100,000.00 0.00 Total Maturity (5,100,000.00) 5,100,000.00 0.00 5,100,000.00 0.00 TOTAL
DISPOSITIONS (5,100,000.00) 5,100,000.00 0.00 5,100,000.00 0.00 43 215
IMPORTANT DISCLOSURES
2025 Chandler Asset Management, Inc, An Independent Registered Investment Adviser.
Information contained herein is confidential. Prices are provided by ICE Data Services Inc (“IDS”), an independent pricing source. In the event IDS does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.
Performance results are presented gross-of-advisory fees and represent the client’s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.
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Fixed income investments are subject to interest, credit and market risk. Interest rate risk: the value of fixed income investments will decline as interest rates rise. Credit risk: the possibility that the borrower may not be able to repay interest and principal. Low rated bonds generally have to pay higher interest rates to attract investors willing to take on greater risk. Market risk: the bond market in general could decline due to economic conditions, especially during periods of rising interest rates.
Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.
Security level ratings for U.S. Agency issued mortgage-backed securities (“MBS”) reflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest. 44 216
BENCHMARK DISCLOSURES
Benchmark Disclosure
ICE BofA 3-Month US Treasury Bill Index The ICE BofA US 3-Month Treasury Bill Index is comprised of a single issue purchased at the beginning of the month and held for a full month. At the end of the month that issue is sold and rolled into a newly selected issue. The issue selected at each month- end rebalancing is the outstandingTreasury Bill that matures closest to, but not beyond, three months from the rebalancing date.
ICE BofA 1-5 Yr US Treasury & Agency Index The ICE BofA 1-5 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies. 45 217
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City Council
Staff Report
Subject:
Amending the Appropriations Limit for the City and the Special Districts for Fiscal Year 2024/25
Date:
August 12, 2025
Submitted By:
Angela Doyle, Senior Accountant
Daniel Choe, Administrative Services Deputy Director
Department:
Administrative Services - Finance
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Amending the Appropriations Limit for the City of Rocklin and the Special Districts for Fiscal Year 2024/25.
Background:
California Constitution Article XIIIB limits the level of most appropriations from tax sources that most local government entities are permitted to make in any given year. The limit for each year is equal to the limit for the prior year, adjusted for changes in the cost-of-living and population. Article XIIIB also requires local governments to return to taxpayers any tax revenues in excess of the amount that can be appropriated in any given fiscal year.
With respect to Special Districts, while the portion of Community Facilities Districts (CFD’s) that addresses bond indebtedness is exempt from the State appropriations limit, those Districts that have a service component are required to have an appropriation limit placed on the Districts’ service appropriations. Base appropriation limits for the CFD’s are established in the Districts’ original formation documents and recalculated annually on population and per capita income changes. The law impacts CFD No. 1, CFD No. 5, and CFD No. 6.
Each year, the State Department of Finance is required to transmit an estimate of the percentage change in population of local governments (Revenue and Taxation Code, Section 2227). The annual appropriation limit is allowed to increase by the jurisdiction’s population growth percentage and the statewide growth in personal income.
The State Department of Finance revised the January 1, 2024 population for Placer County to 420,436 from the original estimate of 412,844.
This revision increased the percentage change in population for the 2024/25 appropriations limit to 2.52% from the original estimate of .67%.
The City's 2024/25 appropriations limit has been amended to $66,793,133 from the original estimate of $65,586,029.
Item Number C9.
232
CFD No.1 Special District's 2024/25 appropriations limit has been amended to $11,716,211 from the original estimate of $11,504,472.
CFD No. 5 Special District's 2024/25 appropriations limit has been amended to $71,022,664 from the original estimate of $69,739,121.
CFD No. 6 Special District's 2024/25 appropriated limit has been amended to $8,781,842 from the original estimate of $8,623,134.
Fiscal Impact:
There is no fiscal impact resulting from the adoption of the amended appropriations limit for the City and Special Districts.
ATTACHMENTS:
1. Resolution
2. Resolution Exhibit A - Citywide
3. Resolution Exhibit B - Special Districts
233
August 12, 2025 Page 1 of 2 Resolution No. 2025-
RESOLUTION NO. 2025-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROCKLIN
AMENDING THE APPROPRIATIONS LIMIT FOR THE CITY OF
ROCKLIN AND THE SPECIAL DISTRICTS FOR FISCAL YEAR 2024/25
WHEREAS, Article XIIIB of the Constitution of the State of California provides that the total annual appropriations subject to limitation of the State and of each local government shall not exceed the appropriations limit of such entity of government for the prior year adjusted for changes in the cost of living and populatio n except as otherwise provided in said Article XIIIB; and
WHEREAS, pursuant to said Article XIIIB of the Constitution of the State of California, and Section 79 10 of the California Government Code, which implements Article XIIIB, the City is required to establish its appropriations limit for each fiscal year and make other necessary determinations for the following fiscal year; and
WHEREAS, the documentation used in the determination of the City’s appropriations limit has been made available to the public for fifteen days prior to the date of adoption of this resolution.
NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of Rocklin as follows:
Section 1. The estimated actual appropriations for the City of Rocklin for fiscal year 2024/25 is $47,269,800 and will not exceed the $66,793,133 appropriations limit as amended for the 2024/25 fiscal year.
Section 2. The amended appropriations limit for the City of Rocklin for fiscal year 2024/25 is $66,793,133, as set forth in Exhibit “A” attached hereto.
Section 3. The estimated actual appropriations for the Community Facilities District No. 1 for fiscal year 20 24/25 is $2,410,200 and will not exceed the $ 11,716,211 appropriations limit as amended for the 2024/25 fiscal year.
Section 4. The amended appropriations limit for the Community Facilities District No. 1 for fiscal year 20 24/25 is $11,716,211, as set forth in Exhibit “B” attached hereto.
Section 5. The estimated actual appropriations for the Community Facilities District No. 5 for fiscal year 2024/25 is $7,311,200 and will not exceed the $71,022,664 appropriations limit as amended for the 2024/25 fiscal year.
Section 6. The amended appropriations limit for the Community Facilities District No. 5 for fiscal year 202 4/25 is $71,022,664, as set forth in Exhibit “B” attached hereto.
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August 12, 2025 Page 2 of 2 Resolution No. 2025-
Section 7. The estimated actual appropriations for the Community Facilities District No. 6 for fiscal year 2024/25 is $380,400 and will not exceed the $8,781,842 appropriations limit as amended for the 2024/25 fiscal year.
Section 8. The amended appropriations limit for the Community Facilities District No. 6 for fiscal year 2024/25 is $8,781,842, as set forth in Exhibit “B” attached hereto.
Section 9. The compound factor used in calculating the 20 24/25 appropriations limit was 1.0624, which represents the annual change in C ounty population and California per capita income.
PASSED AND ADOPTED this 12th day of August, 2025, by the following vote:
AYES: Councilmembers:
NOES: Councilmembers:
ABSENT: Councilmembers:
ABSTAIN: Councilmembers:
____________________________________
Jill Gayaldo, Mayor
ATTEST:
____________________________
Avinta Singh, City Clerk
235
GANN LIMITATION CALCULATION – FISCAL YEAR 2024/25
-EXHIBIT A
Exhibit A
to Resolution 2025-
City of Rocklin - Citywide
Appropriations Limit
Appropriations
Year Price Factor
Population
Factor
Calculation
Factor
Prior Year
Limit
Current Year
Limit
2024/25 original 1.0362 a 1.0067 b 1.0432
62,870,043
65,586,029
2024/25 amended * 1.0362 a 1.0252 b 1.0624
62,870,043
66,793,133
* The calculations for FY 2024/25 are derived from the State Department of Finance (DOF) estimate of the percent change in per capita cost of living (a - Price Factor) and the percentage change in population (b - Population Factor) of local governments as outlined in the California Revenue and Taxation Code, Section 2227. DOF releases revised population factors in the year following the estimate which results in an amended appropriations limit calculation.
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GANN LIMITATION CALCULATION – FISCAL YEAR 2024/25
-EXHIBIT B
Exhibit B
To Resolution 2025-
Appropriations
Year
Price
Factor
Population
Ratio
Calculation
Factor
Current Year
Limit
Current Year
Limit
Current Year
Limit
2024/25 original 1.0362 a 1.0067 b 1.0432 11,504,472 69,739,121 8,623,134 2024/25 amended * 1.0362 a 1.0252 b 1.0624 11,716,211 71,022,664 8,781,842 CFD No. 1 CFD No. 5 CFD No. 6
City of Rocklin - Special Districts
Appropriations Limit
237
City Council
Staff Report
Subject:
2025-2028 Memorandum of Understanding with Rocklin Firefighters, Local 522
Date:
August 12, 2025
Submitted By:
Tameka Usher, Administrative Services Director
Department:
Administrative Services - Human Resources
Recommendation:
Adopt a Resolution of the City Council of the City of Rocklin Approving the Negotiated Memorandum of Understanding Between the City of Rocklin and the Rocklin Firefighters, Local 522, for the term of July 1, 2025 - June 30, 2028 and Adopt the Updated Fire Salary Schedule.
Background:
Title 2 of the California Code of Regulations, Section 570.5 requires the City's salary schedules to be adopted at a public meeting. The term of the current Memorandum of Understanding (MOU) between the City of Rocklin (City) and Rocklin Firefighters, Local 522 (Local 522), ended on June 30, 2025.
Pursuant to the Meyers-Milias-Brown Act (Government Code sections 3500 et seq.), representatives of Local 522 and the City have met and conferred in good faith regarding wages, hours, and other terms and conditions of employment for the represented employees.
The City and Local 522 jointly prepared a successor MOU for the term of July 1, 2025, through June 30, 2028, reflecting mutually agreed-upon revisions to certain terms and conditions, which were reached via tentative agreement on June 30, 2025. Staff recommends the City Council adopt the Resolution (Attachment 1) approving the MOU and the associated updated salary schedule. Because a tentative agreement was reached before the previous MOU expired, staff also recommends the agreement be retroactively approved effective as of July 12, 2025, which is the first full pay period in July.
Subject to the provisions in the MOU, those revised terms and conditions with a City cost impact are summarized below, along with the estimated annual cost.
1 .
Effective July 12, 2025, the City will increase base wages for all classifications in this unit by 2.0%. Estimated cost $122,600.
2 .
Effective the first full pay period of July 2026, the City will increase base wages for all classifications in this unit by 2.0%. Estimated cost $251,000. 3 .
Effective the first full pay period of July 2027, the City will increase base wages for all Item Number C10.
238
classifications in this unit by 2.0%. Estimated cost $409,500. 4 .
Effective the first full pay period of January 2028, the City will increase base wages for all classifications in this unit by 1.0%. Estimated cost $37,200. 5 .
Effective July 12, 2025, the City will increase the paramedic pay incentive by $150.
Estimated cost for the duration of the contract $159,600. 6 .
Effective July 12, 2025, the City will implement longevity pay at 2.5% after completion of 20 years of employment with the City’s Fire Department. Estimated cost for the duration of the contract $109,000.
7 .
Effective January 1, 2026, the City will contribute 100% of the 2026 Kaiser Employee +1 medical premium. Estimated maximum cost for the duration of the contract $1,192,000, assuming that all employees select an equivalent cost medical plan.
Other Terms and Conditions which are recommended for update, and which have little or unknown direct cost impact include, but are not limited to:
Change the union name from Rocklin Firefighters’ Union Local 3847 to Rocklin Firefighters, Local 522.
Creation of a Field Training Officer Pay at 5% when the Chief or Deputy Fire Chief designates staff as a Field Training Officer.
Increase salary upon promotion from 5% to a minimum of 10%.
For the salary survey agencies, the City will remove the City of Chico and include the City of Lincoln.
Effective July 12, 2025 adding a health opt-out incentive of $350 for employees only and $325 for employees + one and family. Employees are only eligible if they do not select a City medical plan and show proof of other equivalent medical coverage.
Agreement to continue negotiating retirement medical benefits for employees hired on or after July 1, 2025.
Agreement to use the updated performance evaluation documents.
Additional “housekeeping” language changes are included in the recommended MOU.
Fiscal Impact:
The total estimated fiscal impact of the three year MOU is $2,280,900, broken down as follows:
Year 1: $592,000
Year 2: $737,000
Year 3: $951,900
Sufficient funds are available in the Fiscal Years 2025/26 & 2026/27 Operating Budget for the first two years' costs; costs for year three will be included in during subsequent budget preparation.
ATTACHMENTS:
1. Resolution
2. Resolution Exhibit 1 - Fire MOU
3. Resolution Exhibit 2 - Fire Salary Schedule
4. Rocklin Firefighters, Local 522 MOU Red-line
239
August 12, 2025 Page 1 of 3 Resolution No. 2025-
RESOLUTION NO. 2025-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROCKLIN
APPROVING THE NEGOTIATED MEMORANDUM OF UNDERSTANDING
BETWEEN THE CITY OF ROCKLIN AND ROCKLIN FIREFIGHTERS,
LOCAL 522, FOR THE TERM OF JULY 1, 2025 - JUNE 30, 2028 AND
ADOPT AN UPDATED FIRE SALARY SCHEDULE
WHEREAS, the term of the former Memorandum of Understanding (MOU) between the City of Rocklin (City) and the Rocklin Firefighters, Local 522 (Local 522) ended on June 30, 2025 (Resolution No. 2022-159); and
WHEREAS, representatives of the City and representatives of Local 522 have met and negotiated in good faith and have mutually agreed on the terms of a proposed MOU (referred to herein as the successor MOU) for the period of July 1, 2025 – June 30, 2028; and
WHEREAS, members of Local 522 voted to ratify the negotiated terms and conditions contained within the proposed successor MOU; and
WHEREAS, upon approval by the City Council of the successor MOU, the base salary and related aspects of benefits of Local 522 employees will increase, which will require the adoption of the revised salary schedule, which accompanies this Resolution; and
WHEREAS, the City’s Lead Negotiator and outside legal counsel (Liebert, Cassidy, Whitmore law firm), has reviewed and signed the successor MOU, confirming approval as to form, content, and legal sufficiency;
WHEREAS, the negotiated successor MOU is hereby presented to the City Council for final approval and adoption.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rocklin:
Section 1. The successor Memorandum of Understanding between the City of Rocklin and Rocklin Firefighters, Local 522, for the period July 1, 2025, through June 30, 2028, which is attached and incorporated hereto as Exhibit “1,” is approved and adopted.
The City Manager is authorized to sign the MOU on behalf of the City.
Section 2. Effective July 12, 2025, the updated Fire Salary Schedule, which is attached and incorporated hereto as Exhibit “2,” is adopted.
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August 12, 2025 Page 2 of 3 Resolution No. 2025-
Section 3. The following payments are hereby approved effective retroactively July 12, 2025:
For all Local 522 employees, an increase in base salary of 2.0%.
For Local 522 employees who hold a paramedic license, a paramedic pay increase of $150 per month.
For Local 522 employees who met the MOU’s criteria for longevity pay (completion of 20 years of employment with the City’s Fire Department) prior to July 12, 2025, longevity pay of 2.5% of base salary.
Section 4. The following salary increases for all classifications of employees in Local 522 are hereby approved:
a. Effective the first full pay period of July 2026, the City will increase base salary by 2.0%.
b. Effective the first full pay period of July 2027, the City will increase base salary by 2.0%.
c. Effective the first full pay period of January 2028, the City will increase base salary by 1.0%.
Section 5. In accordance with and as further detailed in the successor MOU, effective January 1, 2026, the City will provide medical benefits contributions at the PEMHCA minimum and will contribute up to 100% of the 2026 Kaiser Employee +1 medical premium to the cafeteria plan.
Section 6. In accordance with and as further detailed in the successor MOU, effective July 12, 2025, the City will provide a health coverage reduction incentive of a maximum of $350 per month for employees who choose to decline the City’s “Employee Only” coverage or a maximum of $325 per month for Employees who choose to decline the City’s “Employee + One and Family” Plan and $325, respectively, for declination of the “Employee Only option or Employee + One and Family” plan option.
Section 7. In accordance with and as further detaile d in the successor MOU, effective July 12, 2025, the City will provide Field Training Officer Pay , at 5% of the Employee’s base hourly rate of pay, for all hours worked pursuant to the Chief or Deputy Fire Chief’s designation of eligible staff as a Field Training Officer.
Section 8. In the event of a conflict between the provisions of this Resolution and the successor MOU, the language in the successor MOU shall control.
241
August 12, 2025 Page 3 of 3 Resolution No. 2025-
PASSED AND ADOPTED this 12th day of August, 2025, by the following vote:
AYES: Councilmembers:
NOES: Councilmembers:
ABSENT: Councilmembers:
ABSTAIN: Councilmembers:
____________________________________
Jill Gayaldo, Mayor
ATTEST:
____________________________
Avinta Singh, City Clerk
EMPLOYEES
242
EXHIBIT A
MEMORANDUM OF UNDERSTANDING
City of Rocklin
and
Rocklin Firefighters, Local 522
Docusign Envelope ID: 4E4F11ED-0E83-4A78-B721-148C089EA9CD 243
Reso. No. 2025-XXX
Memorandum of Understanding
CITY OF ROCKLIN
AND
ROCKLIN FIREFIGHTERS, LOCAL 522
Term of Agreement
July 1, 2025 — June 30, 2028
Docusign Envelope ID: 4E4F11ED-0E83-4A78-B721-148C089EA9CD 244
Reso. No. 2025-XXX
Table of Contents
SECTION I-GENERAL ................................................................................................................. 5 ARTICLE 1. DEFINITIONS .................................................................................................. 5 ARTICLE 2. EMPLOYEE RIGHTS ...................................................................................... 6 ARTICLE 3. RECOGNITION .............................................................................................. 6 ARTICLE 4. TERM ............................................................................................................. 6 ARTICLE 5. PRIOR AGREEMENTS SUPERSEDED ........................................................ 7 ARTICLE 6. PERSONNEL RULES .................................................................................... 7 ARTICLE 7. CITY RIGHTS & RESPONSIBILITIES ........................................................... 7 ARTICLE 8. COMPLETION OF BARGAINING .................................................................. 8 ARTICLE 9. SOCIAL SECURITY REOPENER ................................................................... 8 ARTICLE 10. SEVERABILITY............................................................................................. 8 SECTION II-COMPENSATION .................................................................................................... 9 ARTICLE 1. SALARIES ...................................................................................................... 9 ARTICLE 2. OUT OF CLASS PAY .................................................................................... 10 ARTICLE 3. CERTIFIED PAY ........................................................................................... 10 ARTICLE 4. EDUCATION INCENTIVE PAY ..................................................................... 11 ARTICLE 5. OVERTIME COMPENSATION ...................................................................... 12 ARTICLE 6. CALL BACK PAY ......................................................................................... 13 ARTICLE 7. COURT/ DEPOSITION TIME ........................................................................ 14 ARTICLE 8. LONGEVITY PAY .......................................................................................... 14 ARTICLE 9. FIELD TRAINING OFFICER PAY ................................................................. 15 ARTICLE 10. COMFORT CANINE HANDLE COMPENSATION AND ASSIGNMENT .... 15 SECTION III-BENEFITS AND REIMBURSEMENTS ................................................................. 15 ARTICLE 1. HEALTH AND OTHER BENEFITS ............................................................... 15 ARTICLE 2. STATE DISABILITY INSURANCE ................................................................ 19 ARTICLE 3. FLEXIBLE SPENDING PLAN ....................................................................... 19 ARTICLE 4. RETIREMENT BENEFITS ............................................................................. 20 ARTICLE 5. RETIREE HEALTH BENEFITS ..................................................................... 21 ARTICLE 6. DEFERRED COMPENSATION ..................................................................... 21 ARTICLE 7. UNIFORM ALLOWANCE .............................................................................. 22 ARTICLE 8. TUITION REIMBURSEMENT ........................................................................ 22 ARTICLE 1. VACATION .................................................................................................... 25 ARTICLE 2. HOLIDAYS .................................................................................................... 26 ARTICLE 3. SICK LEAVE ................................................................................................. 27 ARTICLE 4. BEREAVEMENT LEAVE .............................................................................. 29 ARTICLE 5. FAMILY CARE AND MEDICAL LEAVE ....................................................... 30 ARTICLE 6. JURY DUTY .................................................................................................. 31 ARTICLE 7. MILITARY LEAVE ......................................................................................... 31 SECTION V-TERMS & CONDITIONS OF EMPLOYMENT ........................................................ 32 ARTICLE 1. PROBATIONARY PERIOD ........................................................................... 32 ARTICLE 2. EMPLOYEE PERFORMANCE EVALUATIONS/ STEP INCREASES .......... 33 ARTICLE 3. SAFETY EQUIPMENT .................................................................................. 34 ARTICLE 4. HOURS OF WORK ....................................................................................... 34 ARTICLE 5. OFF-DUTY/ OUTSIDE EMPLOYMENT ........................................................ 35 ARTICLE 6. LAYOFF ........................................................................................................ 35 Docusign Envelope ID: 4E4F11ED-0E83-4A78-B721-148C089EA9CD 245
Reso. No. 2025-XXX
ARTICLE 7. RESIDENCY REQUIREMENT ...................................................................... 37 ARTICLE 8. DEPARTMENT RULES ................................................................................. 37 ARTICLE 9. DISCIPLINARY ACTION ............................................................................... 37 ARTICLE 10. GRIEVANCE PROCEDURE ....................................................................... 40 ARTICLE 11. DRUG, ALCOHOL, AND SUBSTANCE ABUSE POLICY .......................... 43 ARTICLE 1. UNION ACTIVITIES ...................................................................................... 50 SECTION VII - MISCELLANEOUS PROVISIONS ..................................................................... 53 ARTICLE 1. MODIFIED/ALTERNATIVE DUTY ASSIGNMENTS ..................................... 53 ARTICLE 2. PHYSICAL FITNESS PROGRAM ................................................................. 53 ARTICLE 3. TIME OFF REQUESTS ................................................................................. 53 ARTICLE 4. STAFFING, STATION ASSIGNMENTS, OUT-OF-CLASS ASSIGNMENTS, AND CALL BACK ................................................................................................................. 53
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City of Rocklin/ Rocklin Firefighters, Local 522
7/1/25-06/30/28
Reso. No. 2025-XXX
MEMORANDUM OF UNDERSTANDING
CITY OF ROCKLIN AND ROCKLIN FIREFIGHTER'S, LOCAL 522
ENTERED into this 12th day of August , 2025 by the CITY OF ROCKLIN, a municipal corporation of the State of California (hereinafter referred to as "City") and the ROCKLIN FIREFIGHTER'S, LOCAL 522 (hereinafter referred to as "Union") as follows:
RECITALS
Parties hereto have met and conferred in good faith pursuant to the provisions of the Meyers - Milias-Brown Act of the State of California and the Employer -Employee Relations Policy of the City.
Parties hereto wish to memorialize their understanding concerning those wages, hours, and terms and conditions of employment which were the object and subject of such meet and confer sessions.
NOW, THEREFORE, the parties hereto do adopt this Memorandum of Understanding (hereinafter referred to as "MOU") as follows:
Docusign Envelope ID: 4E4F11ED-0E83-4A78-B721-148C089EA9CD 247
City of Rocklin/ Rocklin Firefighters, Local 522
7/1/25-06/30/28
Reso. No. 2025-XXX
SECTION I-GENERAL
ARTICLE 1. DEFINITIONS
A. Base Rate – The employee's hourly rate, with no additional incentives.
B. CalPERS Member (Classic) – These are employees who are CalPERS members, and meet the definition of a Classic Member as determined by CalPERS.
C. CalPERS New Member (PEPRA) – These are employees who are CalPERS members hired on or after January 1, 2013, and meet the definition of a PEPRA Member as determined by CalPERS.
D. City – The City of Rocklin.
E. Day – A period of time between any midnight and the midnight following unless defined differently in a particular article or section.
F. Employee – Those employees covered by the City of Rocklin under this MOU.
G. Grievance (Pursuant to Article 10, Grievance Procedure ) – A claimed violation, misapplication, or misinterpretation of a specified provision of this MOU which adversely affects the grievant or a perceived violation of the employees' rights under the Meyers - Milias-Brown Act.
H. Grievant (Pursuant to Article 10, Grievance Procedure) – An employee in the Union who is filing a grievance as defined above. Alleged violations, misapplications or misinterpretations which affect more than one employee in a substantially similar manner may be consolidated at the discretion of management as a g roup grievance and thereafter represented by a single grievant.
I. Meyers-Milias-Brown Act (M.M.B.A.) – Chapter 10 of Division 4 of Title 1 of the Government Code, commencing with Section 3500, having to do with employer employee relations as the same reads or as it may be amended to read.
J. MOU – This Memorandum of Understanding.
K. Overtime Hours – Hours worked in excess of the regular schedule. Overtime hours may include shift extension, extra shift assignment, and special assignment.
L. Overtime Rate – The employee's base rate plus any special forms of compensation.
M. Personnel Rules – The rules and regulations for personnel and employees of the City, as Docusign Envelope ID: 4E4F11ED-0E83-4A78-B721-148C089EA9CD 248
City of Rocklin/ Rocklin Firefighters, Local 522
7/1/25-06/30/28
Reso. No. 2025-XXX
adopted and amended by the City Council.
N. Premium Pay – One half of the employee's overtime rate.
O. Reasonable Suspicion (Pursuant to Article 11, Drug, Alcohol, and Substance Abuse Policy) – A belief based on objective and articulated facts sufficient to lead a reasonably prudent supervisor to suspect that an employee is under the influence of drugs or alcohol so that the employee's ability to perform the functions of the job is impaired or so t hat the employee's ability to perform his/her job safely is reduced.
P. Skelly Officer – The appropriate City official.
Q. Supervisor – The individual who is directly responsible for the day -by-day assignment, review of performance, and direction of the work of an employee.
R. Union – Rocklin Firefighter's, Local 522.
S. Union Business – Approved Union/City business that is directly related to the City’s Employer/Employee Resolutions.
T. Working Day – A day the City Manager's office is open for business.
ARTICLE 2. EMPLOYEE RIGHTS
The provisions of the MOU shall be applied equally to all employees without favor or discrimination because of race, color, creed, age, sex, marital status, national origin, ancestry, political or religious opinions or affiliations or physical or mental disability.
The parties to the MOU recognize and acknowledge the Firefighter Bill of Rights (Government Code Sections 3250-3262), as it relates to firefighter personnel within the City of Rocklin.
This section is not grievable.
ARTICLE 3. RECOGNITION
The City recognizes the Union as the exclusive representative for full -time employees that are assigned to the classifications of Fire Battalion Chief, Fire Captain, Fire Engineer, and Firefighter.
ARTICLE 4. TERM
This MOU shall be effective July 1, 2025, and shall remain in full force and effect through June 30, 2028. This MOU may be extended beyond June 30, 2028 by mutual agreement of the parties.
Docusign Envelope ID: 4E4F11ED-0E83-4A78-B721-148C089EA9CD 249
City of Rocklin/ Rocklin Firefighters, Local 522
7/1/25-06/30/28
Reso. No. 2025-XXX
ARTICLE 5. PRIOR AGREEMENTS SUPERSEDED
This Agreement is intended as a MOU setting forth in full the entire agreement between the City and the Union regarding the matters covered hereby. All prior MOUs or agreements concerning the subjects of this MOU shall be null and void. All rights, privileges, and benefits not expressly changed by this MOU remain unchanged.
ARTICLE 6. PERSONNEL RULES
The Personnel Rules of the City are no longer incorporated within this MOU. The City agrees to meet and confer with the Union over any proposed change to the wages, hours, and working conditions of employees in the bargaining unit prior to presenting it to the City Council for consideration, approval, and adoption.
ARTICLE 7. CITY RIGHTS & RESPONSIBILITIES
City retains, solely and exclusively, all the rights, powers , and authority exercised and held prior to the execution of this MOU, except as expressly limited by a specific provision of this MOU.
Without limiting the generality of the foregoing, the rights, powers, and authority retained solely and exclusively by City and not abridged herein, include but are not limited to the following, subject to the requirements of this MO U and/or any provision of law whether it be statutory or judicial:
• To manage and direct its business and personnel; to manage, control, and determine the mission of its departments, building facilities and operations; to create, change, combine or abolish jobs, departments and facilities in whole or in part; to subcontract or discontinue work for economic or operational reasons; to increase or decrease the work force and determine the number of employees needed; to hire, transfer, promote and maintain the discipline and efficiency of its employees, to establish work standards, schedules of operation and reasonable work load; to specify or assign work requirements and require overtime; to schedule working hours and shifts; to adopt rules of conduct and penalties for violation thereof; to determine the type and scope of work to be performed and the services to be provided; to determine the methods, processes, means, and places of providing services and to take whatever action necessary to prepare for and operate in an emergency.
Nothing in this section shall be construed to limit, amend, decrease, revoke, or otherwise modify the rights vested in the City by any law regulating, authorizing or empowering the City to act or refrain from acting.
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ARTICLE 8. COMPLETION OF BARGAINING
A. Waiver
The parties mutually agree that during the term of the MOU, they unqualifiedly waive the right to and will not seek to negotiate or bargain wages, hours and terms and conditions of employment whether or not covered by this MOU or in the negotiations leading thereto and irrespective of whether or not such matters were discussed or were even within the contemplation of the parties hereto during the negotiations leading to the MOU. Regardless of the waiver contained in this Article, the parties may, by mutual agreement, in writing, agree to meet and confer about any matter during the term of this MOU.
B. Prohibition of Concerted Actions
The parties to this MOU recognize and acknowledge that the services performed by the City employees covered by this MOU are essential to the public health, safety, and general welfare of the residents of this jurisdiction. Rocklin Firefighter's , Local 522 (RFF) agrees that under no circumstances during the term of this MOU will the RFF recommend, encourage, cause or permit its members to initiate, recognize, or participate in any strike, sit-down, stay -in, sick -out, slow -down, (hereinafter collectively ref erred to as a work stoppage), or picketing related to collective bargaining matters, in any office or department of this jurisdiction, that would curtail any work, restrict any production, or interfere with any operation of the City. In the event of a work stoppage by any member of the bargaining unit, the City shall not be required to negotiate on the merits of any dispute, which may have given rise to such work stoppage until said work stoppage has ceased.
ARTICLE 9. SOCIAL SECURITY REOPENER
Should the Federal government or a court of competent jurisdiction determine that Social Security is applicable to employees of public agencies, the City and the Union agree to meet and confer promptly to determine ways to mitigate the cost impact of the m andate on the City and the employee.
ARTICLE 10. SEVERABILITY
If any provision of this MOU or the application of such provision to any persons or circumstances shall be held invalid, the remainder of this MOU or the application of such provision to persons or circumstances other than those as to which it is held invalid shall not be affected thereby.
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SECTION II-COMPENSATION
ARTICLE 1. SALARIES
A. Survey Agencies
The parties agree that the following agencies will be used for salary surveys:
Sacramento Metropolitan Fire District City of Roseville City of Lincoln So. Placer Fire Protection District City of Davis City of West Sacramento
City of Folsom City of Woodland
City of Yuba City
B. Salaries
1. During the term of this Agreement, salaries for all classifications will be adjusted as follows:
Effective Adjustment
July 12, 2025 2.0 % base salary adjustment
First full pay period of July 2026 2.0% base salary adjustment First full pay period of July 2027 2.0% base salary adjustment First full pay period of January 2028 1.0% base salary adjustment
C. Salary Schedules
The salary schedules for each job classification in the Rocklin Firefighter's , Local 522 bargaining unit are set forth in the Base Salary Step Schedule of this Agreement. It is understood that implementation of any salary increase may vary slightly due to the impact of rounding.
Effective the first full pay period in July 2022, the Salary Schedule shall consistent of ten (10) steps (1 through 10). Each step shall be approximately 3.5% higher than the previous step.
D. Salary Upon Promotion
Upon promotion, an employee shall be placed at a step in the new salary range that provides a minimum salary increase of 10% of their base compensation unless such increase exceeds the maximum of the salary range for the new position. In that case, the Docusign Envelope ID: 4E4F11ED-0E83-4A78-B721-148C089EA9CD 252
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employee will be placed at the top step of the new salary range. Promotions shall become effective at the beginning of a pay period.
ARTICLE 2. OUT OF CLASS PAY
A. When it is required to meet operational needs that an employee perform a majority of the essential duties of a position in a higher classification, payment for such out of- classification work shall be five percent (5%) above the base rate of the employee ’s current step only while working in the out-of-class assignment.
B. Eligibility to receive out of class compensation for working in a higher classification shall be subject to the following conditions:
1. The assignment to work out of class must be made by the Fire Chief or his/her designee.
2. Employees receiving out of class compensation must be qualified to perform in the higher classification and must have a completed Department task book for the higher classification signed by the Fire Chief or the Fire Chief’s designee.
3. Employees who are selected to work in an out of class position have been thoroughly tested and certified by the City and are qualified to serve in that position. Said employees will be eligible to receive out of class compensation upon being assigned to perform in such position. All hours assigned and worked in the higher classification shall be paid as in Section I above.
ARTICLE 3. CERTIFIED PAY
A. Regular full-time employees hired prior to February 1, 2014 who hold a current EMT 1 certificate shall receive additional compensation in the amount of one -hundred dollars ($100.00) per month (forty -six dollars and fifteen cents [$46.15] per pay period). This additional compensation shall only be paid while such employee's certification is current with the local EMS Agency (LEMSA) and in effect, and is contingent upon verification of the certification.
B. In addition to being paid the same monthly salary as a Firefighter in accordance with the salary schedule in effect between the City and the Union, regular Firefighter/Paramedics who are required to hold a current paramedic certificate shall receive additi onal compensation in the amount of six -hundred and fifty dollars ($650) per month ( three hundred dollars [$300] per pay period). Regular Fire Battalion Chiefs, Fire Captains, Fire Engineers, and Firefighters who are authorized to hold a paramedic certific ation shall receive additional compensation in the amount of five -hundred ($500) per month (two - hundred and thirty dollars and seventy -seven cents [$230.77] per pay period). This additional compensation shall only be paid while such employee's certification is current Docusign Envelope ID: 4E4F11ED-0E83-4A78-B721-148C089EA9CD 253
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with the local EMS Agency (LEMSA) and in effect, and is contingent upon verification of the certification. Employees who are receiving paramedic pay are not eligible for EMT pay.
The employee shall pay the costs of paramedic recertification from the State of California.
The City shall pay for additional associated costs of maintaining the paramedic certification.
ARTICLE 4. EDUCATION INCENTIVE PAY
A. Each employee shall be eligible for education incentive pay. The employee will be paid in each biweekly payroll. Payment of education incentive will begin effective the first day of the pay period following the date of the award of the certificate or degree, provided the Human Resources Office receives timely notification and acceptable proof of such award as described below. If notification and acceptable proof are not filed within the timelines herein specified, payment of educa tion incentive will begin effective the first day of the pay period following receipt of the appropriate documentatio n in the Human Resources Office.
B. For Company Officer and Chief Officer certificates, proof that all of the required coursework has been completed for the respective certificate will be considered acceptable proof of accomplishment.
C. For college degrees, a certified copy of the college transcripts or a copy of the diploma will be considered acceptable proof of accomplishment. In order to be considered timely in giving notice for education incentive, the employee must submit a memo to the Human Resources Office notifying the City of his/her intention to apply for education incentive within thirty (30) days following the end of the semester or quarter in which the degree was earned. If such timely notice is given education incentive pay s hall be retroactive to the date of the accomplishment.
D. It is the responsibility of each employee to notify Human Resources of his/her eligibility for education incentive and to provide the appropriate documentation in accordance with the above.
E. Each employee is eligible for education incentive pay as listed below:
Associate's Degree or 60 Units $275.00/Mo.
Bachelor's Degree $325.00/Mo.
Master's Degree $350.00/Mo.
Company Officer Certificate $75.00/Mo.
Chief Officer Certificate $125.00/Mo.
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The incentive pay for degrees, certificates, and units listed above is non-cumulative, and is paid at the highest rate for which an employee is eligible. Employees who are eligible for incentive pay for degrees and units listed above and who possess a Company Officer or Chief Officer certificate, will be eligible to receive both the degree or unit incentive and the certificate incentive.
ARTICLE 5. OVERTIME COMPENSATION
The City has adopted the twenty -four (24) day work period for Fire safety employees subject to the FLSA. This was adopted pursuant to Section 207(k) of the Code.
A. Premium Pay
1. Under the twenty-four (24)-hour shift schedule outlined in Article 4 (Hours of Work) in this MOU, the hours scheduled to be worked in each work period will be one hundred ninety-two (192) hours. Overtime premium pay at one- half the overtime rate will be paid for all hours in paid status in excess of one hundred eighty-two (182) hours in the work period. All time with the exception of overtime, will be used to reach the one hundred eighty-two (182) hour ceiling. The premium pay shall be calculated and paid in the pay period in which the 24 -day work period ends. Credit for hours worked during a voluntary shift trade will be given to the employee originally assigned to the shift.
2. When an employee is out on industrial leave and receiving salary continuation as required by Labor Code 4850, the employee will be compensated at his or her regular 4850 rate, and will not receive premium pay.
B. Overtime Pay
1. Overtime hours shall be defined as hours worked in excess of the regular schedule.
Overtime hours may include:
(a) Shift Extension (before or after shift)
(b) Extra shift assignment
(c) Special assignment
Overtime hours will not be paid for voluntary shift trades.
2. Overtime hours shall be paid at the rate of one and one-half (1.5) times the overtime rate.
Overtime shall be paid for all time worked while assigned to work in accordance with II.
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A. 1., 2., or 3., above. Overtime hours shall be paid with the pay period in which it was earned.
3. For non-exempt classifications assigned to eight (8) hour shifts, all hours worked in excess of forty (40) hours per week in paid status shall be considered overtime and shall be paid at an overtime rate.
4. When an employee is out on industrial leave and receiving salary continuation as required by Labor Code 4850, the employee will be compensated at his or her regular 4850 rate, and will not receive overtime pay.
C. Strike Team Pay
All Personnel will be compensated (portal to portal) beginning at the time of dispatch to their return to jurisdiction when equipment and personnel are in service and available for agency response. This agreement will apply to all personnel dispatched to the incident regardless of their assignment. Examples include, but not limited to, assignments such as a fire line medic, as overhead assignment or directly on the fire line. While on a strike team deployment, personnel will be compensated at their regular rate during their normally assigned shifts and at the overtime rate on days which they are not normally assigned.
ARTICLE 6. CALL BACK PAY
When an employee is called back to work outside of and not continuous with his scheduled shift, the employee shall receive a minimum of three (3) hours pay at one and one-half (1.5) times their overtime rate. Should the call back continue beyond three (3) hours, additional time shall be credited in one-half (1/2) hour increments.
Employees who receive a mandatory call back to duty after there has been at least a fifteen (15) minute elapsed period since the end of their prior shift shall be entitled to be compensated for a minimum period of three (3) hours at one and one -half (1.5) times their overtime rate. An employee will be paid for all time worked in excess of the three (3) hour minimum at one and one-half (1.5) times his/her overtime rate.
Employees who respond to a non-mandatory call back to duty will be paid for all time worked as a result of the call back at one and one-half (1.5) times their overtime rate.
Employees who unilaterally choose to return to duty as responders shall not be entitled to the three (3) hour minimum call back provision. They will, however, be compensated at the overtime rate for all time worked as a responder.
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overtime compensation.
Employees shall be selected for call-back assignments at the discretion of the Fire Chief or his/her designee.
Mandatory Call Back:
For purposes of this section, call back is mandatory under the following circumstances:
A. In case of emergency or potential emergency, as determined by the City Manager, Fire Chief or designee.
B. To maintain staffing in accordance with the City's adopted level of service.
All other call backs are considered non-mandatory.
ARTICLE 7. COURT/ DEPOSITION TIME
When a court/deposition appearance is required on a job -related matter, the employee will be compensated as follows:
A. If the court/deposition appearance is on a regularly scheduled shift, the employee will be compensated as if on regular job assignment;
B. If the court/deposition appearance is on a non-scheduled shift day, the employee will be compensated at the rate of one and one-half (1.5) his/her overtime rate of pay with a minimum compensated time of four (4) hours.
C. If a court/deposition appearance scheduled on a non -shift day is canceled with less than sixteen (16) hours' notice, the employee will be compensated for two (2) hours at an overtime rate (one and one-half [1.5] times the defined overtime rate).
D. If a court/deposition appearance is on a day when the employee is out on industrial leave and receiving salary continuation as required by Labor Code 4850, the employee will be compensated at his or her regular 4850 rate.
ARTICLE 8. LONGEVITY PAY
Employees will receive longevity pay after completing twenty (20) years of service with the Fire Department in the amount of two and one-half percent (2.5%) calculated on their base hourly rate of pay beginning the pay period following completing twenty years of service.
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ARTICLE 9. FIELD TRAINING OFFICER PAY
Paramedics will receive Field Training Officer (FTO) training designated by the Fire Chief. Once trained, Paramedics will receive additional compensation in the amount of five percent (5%) of their base hourly rate of pay for all hours the Fire Chief or D eputy Fire Chief direct them to function as an FTO and train their assigned trainee.
ARTICLE 10. COMFORT CANINE HANDLE COMPENSATION AND ASSIGNMENT A. Food, special food supplements, equipment and maintenance including all veterinary, medical expenses, medications, training, crates and bedding, leashes and harnesses, toys, grooming, treats, medical insurance, and upkeep related costs will be provided by the Hearts 4 Heroes Foundation unless the City becomes the owner of the canine, at which time the City will become responsible for these expenses. The City will not reimburse a canine handler for expenses associated with the canine and it is the City’s understanding that Hearts 4 Heroes will not reimburse for these expenses unless they were pre - approved in-writing.
B. The lead comfort canine handler will be compensated for thirty (30) minutes each day of off-duty time caring for the canine. The handler will be compensated for this time at time and one-half of the employee’s base hourly rate of pay for each off -duty day of canine care, except on off-duty days when a secondary handler cares for the canine. The handler will also be compensated at one -half of the employee’s base hourly rate of pay for all mandatory canine related training at the approval of the Fire Chief or his/her designee.
C. When a City employee serves as a secondary comfort canine handler, they will be compensated for thirty (30) minutes each day of off-duty time caring for the canine. The secondary handler will be compensated for this time at time and one -half of the employee’s base hourly rate of pay for each off-duty of canine care. When not caring for the canine due to being on leave or otherwise not available during off-duty days, the lead handler shall not receive handler compensation. Both the lead and secondary handl er shall not be compensated for the same calendar day.
D. The lead comfort canine handler must be on the Peer Support Team.
E. When the comfort canine is retired from duty the lead comfort canine handler will assume full ownership of the canine and will pay all future costs.
SECTION III-BENEFITS AND REIMBURSEMENTS
ARTICLE 1. HEALTH AND OTHER BENEFITS
A. Availability and Eligibility
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The City agrees to offer insurance benefits covering medical, dental, vision, life and AD&D for those employees who are qualified in accordance with plan specifications. Dependent coverage will be offered only on the medical, dental, and vision plans. The City shall continue to offer r etirees to receive medical benefits pursuant to Public Employee Retirement System ( PERS) Health Benefits Division regulations. Eligibility for premium contribution for retiree health benefits shall be governed by Article 5 – Retiree Health Benefits.
B. Selection of Carriers
The employee shall choose a medical insurance plan from those plans offered by the City and made available in this geographic area through the Health Benefits Division of PERS.
The dental, vision, life and AD&D insurance plans shall be selected by the City. The City reserves the right to change carriers at any time, provided that the plan benefit s to unit members are substantially the same or better.
C. Premiums
1. Vision
The City shall pay up to the entire premium cost for family level coverage.
2. Life and Accidental Death and Dismemberment
The City shall provide basic life and accidental death and dismemberment insurance in the amount of $50,000
3. Medical Plan
The City offers eligible employees enrollment in a CalPERS medical plan under the Public Employee’s Medical and Hospital Care Act (PEMHCA).
From July 1, 2025 until the end of the 2025 benefit year, or as soon as the City can administratively start based on CalPERS’s approval, the City will make a direct monthly contribution towards the premium cost for the PEMHCA medical insurance plan and coverage level selected by each participating employee up to a maximum of $1,200 per month. Employees shall be responsible for the difference in any monthly premium cost for the medical insurance plan and coverage level selected that exceeds the City’s direc t contribution. To the extent a participant does not utilize the entire $1,200 toward medical premiums, the remainder shall be retained by the City and shall not be cashed out or applied to other benefits.
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Commencing January 1, 2026the City will make a direct monthly contribution towards the premium cost or the PEMHCA medical insurance plan and coverage level selected by each participating in an amount equal to the current PEMHCA minimum. The PEMHCA minimum is prescribed by Government Code section 22892 and adjusted annually by CalPERS. The City will also provide a separate cafeteria plan contribution described in Section 5 of this Article.
4. Dental Premiums
The City shall pay for an eligible employee’s dental premiums up to the PPO Basic Dental Plan at the family level coverage.
Employees who select the Dental Plan -PPO enhanced option ($1,500 calendar year maximum) shall pay the differen ce in any monthly premium cost for dental coverage that exceeds the City’s direct contribution. Such payments may be made pre-tax through payroll deductions over twenty-four (24) benefit pay periods.
5. Cafeteria Plan
The City maintains a cafeteria plan, pursuant to Section 125 of the Internal Revenue code and related regulations, for the purposes of offering employees access to various health and welfare benefits.
All eligible employee must enroll in one of the PEMHCA medical plans unless they submit to the City satisfactory proof of alternative medical insurance coverage that meets the eligible opt-out arrangement requirements listed below.
From July 1, 2025 until the end of the 2025 benefit year, or as soon as the City can administratively start based on CalPERS’s approval of the PEMHCA minimum contribution, the City shall contribute one hundred and fifty ($150) per month (" Flex Dollar") on behalf of each employee eligible to participate in the City's cafeteria plan. Participants in the cafeteria plan may allocate their Flex Dollars to any of the qualified benefits, including medical or dental premiums, offered by the city under the Section 125 plan document. Flex Dollars may not be cashed out.
Commencing January 1, 2026 or as soon as the City can administratively start based on CalPERS approval of the PEMHCA minimum contribution, for full -time regular employees, the City will provide a cafeteria plan contribution for the employee’s PEMHCA medical plan set at 100% of the Kaiser plan at the employee plus one coverage level ($2,225.80 for 2025 (Kaiser employee +1 tier)), minus the PEMHCA minimum contribution. For part -time regular employees the City will make a cafeteria plan contribution for the employee’s PEMHCA medical plan at a pro-rated percentage of the Kaiser employee + 1 tier equivalent to the fraction of the FTE position authorized by the City Council, minus the PEMHCA minimum Docusign Envelope ID: 4E4F11ED-0E83-4A78-B721-148C089EA9CD 260
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contribution.
Any increases to the PEMHCA minimum contribution during the term of this contract will result in a corresponding decrease to the amount of the additional City cafeteria plan contribution, so that the total maximum City contribution to the cafeteria plan an d to CalPERS directly never exceeds the Kaiser employee +1 tier premium described above.
The City contribution to the cafeteria plan shall be adjusted annually based on the January 1 premium payment for the Kaiser employee + 1 tier in the manner described below.
The City will pay 100% of the 2026 Kaiser employee +1 tier. The City will pay eighty percent (80%) of the health insurance premium increase starting with the plan year 2027. The employees will pay twenty percent (20%) of the health insurance premium increase, if any, starting in plan year 2027.
In the event an employee subscribes to a PEMHCA medical plan with a lower monthly premium than that of the Kaiser employee + 1 tier, the City will pay up to but not more than 100% of the premium for that plan. If the employee selects a PEMHCA medical plan with a higher monthly premium, then the employee will pay the balance.
In the event an employee 1) subscribes to a PEMHCA medical plan with a lower monthly premium than that of the Kaiser employee + 1 tier or 2) declines the City medical insurance and takes the Health opt out, the employee shall only be eligible to use a maximum of $150 toward purchasing other health benefits under the cafeteria plan, including the Health Flexible Spending Plan.
In no event shall the cafeteria dollars have cash value.
D. Payroll Deduction
Employees who elect benefits that require payment of premiums or contributions beyond the City’s contributions authorize that the additional amount shall be paid through a biweekly payroll deduction.
E. Health Coverage Reduction Incentive
• Employees who choose to decline the City’s health coverage must provide certification of other coverage that meets all the eligible opt-out arrangement requirements below. • Participants in the program will receive their share of the cost savings as taxable income.
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