Agenda packet — City Council and Authorities Concurrent, March 24, 2026 (part 1 of 5)

City of Santa Clara
Joint Meeting Agenda of the
City Council and Authorities Concurrent &
Santa Clara Stadium Authority Board
Hybrid Meeting
City Hall Council Chambers/Virtual
1500 Warburton Avenue
Santa Clara, CA 95050
5:30 PMTuesday, March 24, 2026
The City of Santa Clara is conducting City Council meetings in a hybrid manner (in-person and continues to have methods for the public to participate remotely). • Via Zoom:
o https://santaclaraca.zoom.us/j/99706759306
Meeting ID: 997-0675-9306
o Phone 1(669) 900-6833
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Agendas, Staff Reports and some associated documents for City Council items may be viewed on the Internet at https://santaclara.legistar.com/Calendar.aspx All
public records relating to an open session item on this agenda, which are not exempt from disclosure pursuant to the California Public Records Act, that are distributed to a majority of the legislative body will be available for public inspection at the Office of the City Clerk at Santa Clara City Hall, 1500 Warburton Avenue, Santa Clara, CA 95050 at the same time that the public records are distributed or made available to the legislative body. Any draft contracts, ordinances and resolutions posted on the Internet site or distributed in advance of the Council meeting may not be the final documents approved by the City Council. For the final document, you may contact the Office of the City Clerk at (408) 615-2220 or [email protected].

City of Santa ClaraCity of Santa Clara Page 1 of 19 Printed on 3/20/2026 Meeting Agenda March 24, 2026

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5:30 PM CLOSED SESSION
Call to Order in the Council Chambers
Confirmation of Quorum

1.A 26-266

1.B
Conference with Legal Counsel-Existing Litigation
Pursuant to Gov. Code § 54956.9(d)(1)
Name of case: City of Santa Clara v. Bogard Construction, Inc., et al; Santa Clara County Superior Court case number
23CV424421
Conference with Legal Counsel-Existing Litigation
Pursuant to Gov. Code § 54956.9(d)(1)
Name of case: City of Santa Clara v. 891 Laurelwood LLC;

Santa Clara County Superior Court case number: 25CV472883 Conference with Real Property Negotiators
Pursuant to Gov. Code § 54956.8
Property: 891 Laurelwood, Santa Clara, CA 95054 (APN
101-11-004)
City Negotiator: Jovan Grogan, City Manager (or designee) Negotiating Parties: 891 Laurelwood LLC and South Bay
Windows, Inc
Under Negotiation: Purchase of Real Property Interests
(provisions, price and terms of payment)
26-319
Public Comment
The public may provide comments regarding the Closed Session item(s) just prior to the Council beginning the Closed Session. Closed Sessions are not open to the public.

Convene to Closed Session (Sparacino Conference Room)
7:00 PM JOINT CITY COUNCIL/STADIUM AUTHORITY BOARD MEETING Call to Order in the Council Chambers
Pledge of Allegiance and Statement of Values
Roll Call
Closed Session - 5:30 PM | Regular Meeting - 7:00 PM
Joint Council and Authorities Concurrent &
Stadium Authority Board Meeting
Meeting Agenda March 24, 2026

REPORTS OF ACTION TAKEN IN CLOSED SESSION MATTERS

CONTINUANCES/EXCEPTIONS/RECONSIDERATIONS

SPECIAL ORDER OF BUSINESS

2.A Proclamation of March 2026 as Red Cross Month26-247

2.B Recognition of the Silicon Valley Lunar New Year Together Committee
in honor of the Silicon Valley New Year Together
Celebration
26-248

CONSENT CALENDAR
[Items listed on the CONSENT CALENDAR are considered routine and will be adopted by one motion. There will be no separate discussion of the items on the CONSENT CALENDAR unless discussion is requested by a member of the Council, staff, or public. If so requested, that item will be removed from the CONSENT CALENDAR and considered under CONSENT ITEMS PULLED FOR DISCUSSION.]

3.A Action on the February 10, 2026 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting and February 24, 2026 Joint City Council and
Authorities Concurrent & Santa Clara Stadium Authority Board Meeting Minutes
26-312
Approve the February 10, 2026 Joint City Council and
Authorities Concurrent & Santa Clara Stadium
Authority Board Meeting and February 24, 2026 Joint
City Council and Authorities Concurrent & Santa Clara
Stadium Authority Board Meeting Minutes.

Recommendation:

3.B Board, Commissions and Committee Minutes26-6
Note and file the Minutes of:

City-School Liaison Committee Meeting - November
12, 2025
Planning Commission - February 11, 2026
Historical and Landmarks Commission - December 4,
2025
Neighborhood University Relations Committee -
October 20, 2025
Downtown Community Task Force - October 16, 2025
Bicycle and Pedestrian Advisory Committee -
October 27, 2025
Recommendation:

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3.C Action on Monthly Financial Status and Investment Reports for January 2026 and Approval of the Related Budget Amendments 26-283

1. Note and file the Monthly Financial Status Report
and Monthly Investment Report for January 2026
as presented; and

2. Approve the Fiscal Year 2025/26 budget
amendments in the following funds (as detailed in
the Fiscal Impact section of the staff report and
Attachment 3 of the staff report):
a. In the General Fund, increase the Other
Revenue estimate and the Non-Departmental
budget for the “Mission Meets the Moment”
campaign, with a net impact of $25,000;
b. In the Expendable Trust Fund, increase the
Other Agencies Revenue estimate and the
Silicon Valley Animal Control Authority
appropriations for the Information Technology
and Public Works Departments, with a net
impact of $45,000; and
c. In the Fire Operating Grant Trust Fund,
increase the Other Agencies Revenue
Estimate and the USAR Training
Reimbursement appropriation, with a net
impact of $3,520.

Five affirmative Council votes required to
allocate additional revenue
Recommendation:

3.D Action on the City of Santa Clara Federally Funded Grants’ Single Audit Report for Fiscal Year Ended June 30, 2025 26-138
Note and file the City of Santa Clara Single Audit
Report for the year ended June 30, 2025, as
recommended by the City Council Audit Committee.

Recommendation:

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3.E Action to Authorize the City Manager to Negotiate and Execute an
Agreement with Anixter Inc. for the Purchase of High-Voltage Circuit Breakers for Silicon Valley Power, for a Total
Not-to-Exceed Compensation of $20,842,000 and Approve
Related Budget Amendments
26-218

1. Authorize the City Manager or designee to
negotiate and execute an agreement with Anixter,
Inc. (Agreement) for the purchase of high-voltage
circuit breakers, for approximately a three-year
agreement term, plus a five-year warranty period,
with a maximum compensation of $20,842,000,
subject to the appropriation of funds and the
review and approval as to form by the City
Attorney;

2. Authorize the City Manager or designee to (a) take
any actions as necessary to implement and
administer the Agreement and associated
purchase orders, and (b) negotiate and execute
amendments to the Agreement for (i) additional
circuit breaker procurements; (ii) address issues
during the design and fabrication of the circuit
breakers, and (iii) make de minimis changes,
subject to the maximum compensation set forth
above and the review and approval as to form by
the City Attorney; and

3. Approve the following FY 2025/26 budget
amendments:
a. In the Electric Utility Fund, increase the transfer
to the Electric Utility Capital Fund and reduce
the Operations and Maintenance Reserve
Ending Fund Balance by $20,842,000 (five
affirmative City Council votes required for
the use of unused balances); and
b. In the Electric Utility Capital Fund, increase the
transfer from the Electric Utility Fund and
establish the NRS 80kA Breakers
Replacement Project in the amount of
$20,842,000 (five affirmative City Council
votes required to appropriate additional
revenue).

Recommendation:

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3.F Action on the Proposed Standstill Agreement for the Santana Terrace
Apartments with Alpha Z San Jose Apt 1, LLC, Located
at 190 N. Winchester Boulevard to Extend the Time for
Refinance Lenders to Comply with Affordability Covenants Consistent with Fannie Mae/Freddie Mac Loan Requirements 26-17110
Approve and authorize the City Manager to execute
the Standstill Agreement for the Santana Terrace
Project on the terms presented in a final form
approved by the City Attorney.

Recommendation:

3.G Action to Authorize the City Manager to Negotiate and Execute Amendments
to the Agreement with Intertek USA, Inc., to
Provide Non-Destructive Examination, Consulting, and
Engineering Services for Silicon Valley Power, for a Total Not-to-Exceed Compensation of $1,050,000
26-199

1. Determine that the proposed action is exempt
from CEQA pursuant to Section 15303 (Class 1 -
Existing Facilities) of Title 14 of the California
Code of Regulations; and

2. Authorize the City Manager or designee to (a)
negotiate and execute amendments to the
agreement with Intertek USA, Inc. (Agreement) for
non-destructive examination, consulting, and
engineering services for Silicon Valley Power to:
(i) increase the maximum compensation to
$1,050,000; (ii) add or delete services associated
with the services; (iii) adjust rates in accordance
with the Agreement’s rate adjustment provisions;
and (iv) make de minimis changes; and (b) take
any actions as necessary to implement and
administer the Agreement, subject to the
appropriation of funds and the review and approval
as to form by the City Attorney.

Recommendation:

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3.H Action to Authorize the City Manager to Negotiate and Execute Amendments
to the Agreement with KONE, Inc. for Citywide
Elevator Maintenance and Repair Services to Increase the Total Not-to-Exceed Maximum Compensation to $1,148,452, Inclusive of All Option Years
26-15110

1. Determine that the proposed actions are exempt
from CEQA pursuant to Section 15301 (Existing
Facilities) of Title 14 of California Code of
Regulations;

2. Authorize the City Manager or designee to execute
amendments to the agreement with KONE, Inc. for
citywide elevator maintenance and repair services,
to increase the maximum compensation up to
$1,148,452, subject to the appropriation of funds
and final review and approval as to form by the
City Attorney; and

3. Authorize the City Manager or designee to take
any actions necessary to implement and
administer the agreement with KONE, Inc.,
including exercising up to five one-year options in
accordance with the agreement through February
28, 2031, and to negotiate and execute future
amendment(s) to (a) add or delete City facilities
and/or related services, (b) adjust rates consistent
with market conditions, and (c) make de minimis
changes, subject to the above maximum
compensation limit and final review and approval
as to form by the City Attorney.

Recommendation:

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3.I Action to Authorize the City Manager to Execute Amendment No. 2 to
the Software License and Support Agreement with Siemens Industry Inc., for the EnergyIP Meter Data Management System for a Total Not-to-Exceed Compensation of $1,543,419, and Ratify Previous Payments Exceeding City Council Authorization 26-113

1. Authorize the City Manager or designee to execute
Amendment No. 2 to the Software License and
Support Agreement (SLMA) with Siemens
Industries, Inc., for the EnergyIP Meter Data
Management System, for a maximum
compensation amount of $1,543,419, for the
period from August 18, 2009, to June 30, 2030,
subject to budget appropriations and the review
and approval as to form by the City Attorney;

2. Ratify previous expenditures made under the
SLMA in an amount of $777,553 for the period
from August 18, 2009, through June 30, 2025; and

3. Authorize the City Manager or designee to take
any actions necessary to implement and
administer the SLMA, and negotiate and execute
future amendment(s) to (a) add or delete services
associated with the services, (b) adjust future rates
consistent with market conditions, and (c) make de
minimis changes, subject to budget appropriations
and the review and approval as to form by the City
Attorney.

Recommendation:

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3.J Action to Authorize the City Manager to Execute Amendment No. 2 to
the Agreement with Z'Onion Creative Group LLC to Provide Marketing and Communications Services, for a Total
Not-to-Exceed Compensation of $560,000
26-208

1. Authorize the City Manager or designee to execute
Amendment No. 2 to the Agreement with Z’Onion
Creative Group LLC (Agreement) to increase the
maximum compensation by $310,000 for
marketing and communication services, for a
revised not-to-exceed maximum compensation
amount of $560,000, subject to the appropriation
of funds; and

2. Authorize the City Manager or designee to take all
actions necessary to implement and administer
the Agreement, including negotiating and
executing future amendments to (i) add or delete
related line item services; (ii) implement rate
adjustments on the terms provided in Exhibit B,
and (iii) make de minimis changes, provided that
the total not-to-exceed maximum compensation is
not exceeded, subject to the appropriation of funds
and review and approval as to form by the City
Attorney.

Recommendation:

3.K Action on the 2025 General Plan Annual Progress Report (APR)26-134 Accept the General Plan Annual Progress Report as
presented by staff for submittal to the California
Department of Housing and Community Development
(HCD).

Recommendation:

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3.L Action to Authorize the Use of City Electric Forces for New Dark Fiber
Installations From 5453 Great America Parkway to 5200
Patrick Henry Drive to 2895 Northwestern Parkway, With an Estimated Cost of $9,741
26-170

1. Determine the proposed action is exempt from
CEQA pursuant to Section 15303 (Class 3 - New
Facilities) of Title 14 of the California Code of
Regulations; and

2. Declare
and determine in accordance with Section
1310 of the City Charter that the public works with
an estimated cost of $9,741, located from 5453
Great America Parkway to 5200 Patrick Henry
Drive to 2895 Northwestern Parkway, is better
performed by the City with its own employees
based on the information set forth in this Report to
Council and authorize the performance of this
public work consistent with this authorization.

Recommendation:

SANTA CLARA STADIUM AUTHORITY BOARD CONSENT CALENDAR

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4.A Action on an Amendment No.1 to the Agreement with Advanced Integrated Pest Management for Pest Control Services at Levi’s Stadium to Extend the Term by One Year, Increase the Total Agreement Amount by $82,500, Update the Compensation and Fee Schedule, and Delegate Authority to the Executive Director for Future Amendments
26-232

1. Approve and authorize the Stadium Manager to
execute an Amendment No. 1 to the Agreement
with Advanced Integrated Pest Management for
pest control services at Levi’s Stadium to increase
the maximum compensation by $82,500 to cover
services from April 1, 2026 to March 31, 2027 and
update the compensation and fee schedule to
reflect Exhibit B-2.

2. Authorize the Executive Director to approve future
amendments to the Agreement with Advanced
Integrated Pest Management to: (a) exercise the
final one-year option for the fifth contract year,
increase the not-to-exceed amount by $86,625 to
cover services from April 1, 2027 to March 31,
2028, adjust the compensation to reflect rate
increases not to exceed 5% over the prior year
upon providing reasonable justification of rate
increases, and (b) increase the total not-to-exceed
amount by up to an additional $25,000 as
contingency for unanticipated services, which may
be utilized during the fourth or fifth contract years,
all subject to the same basic terms and conditions
and budget appropriations.

3. Authorize the Executive Director to approve future
amendment to the Agreement with Advanced
Integrated Pest Management, under the same
basic terms and conditions, for a period not to
exceed six months beyond the fifth contract year
through September 30, 2028, increase the
not-to-exceed amount by $45,478 to cover up to
six months of services, and adjust the
compensation and fee schedule to reflect rate
increases not to exceed 5% over the prior year
upon providing reasonable justification of rate
increases, provided the Stadium Manager is
engaged in an active competitive solicitation
process and subject to budget appropriations.

4. The total not-to-exceed maximum compensation
Recommendation:

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for the Agreement with Advanced Integrated Pest
Management, inclusive of contingency and all
contract years, shall not exceed $489,603.

4.B
Action on an Amendment No. 1 to the Agreement with Gachina Landscape Management, Inc. for Landscaping Services at
Levi’s Stadium to Extend the Term by One Year, Update the Compensation and Fee Schedule, and Add a Termination for Convenience Clause
26-233
Approve the Stadium Manager’s request to execute
an Amendment No. 1 to the Agreement with Gachina
Landscaping Management, Inc. to extend the term
through March 31, 2027, in an amount not-to-exceed
$40,000 for the fourth contract year and not-to-exceed
$250,000 over the four-year term, subject to budget
appropriations, update the compensation and fee
schedule with Exhibit B-1, and add a termination for
convenience clause.

Recommendation:

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4.C Action on an Amendment No. 1 to the Agreement with West Coast Turf for the Supply, Delivery, and Installation of Sod for the Field at Levi’s Stadium to Extend the Term by One Year, Increase the Total Agreement Amount, Update the
Compensation and Fee Schedule, and Delegate Authority to the Executive Director for Future Amendments
26-315

1. Approve and authorize the Stadium Manager to
execute an Amendment No. 1 with West Coast
Turf for supply, delivery, and installation of sod
services at Levi’s Stadium to increase the
maximum compensation by $1,600,000 to cover
services from April 1, 2026 to March 31, 2027 and
update the compensation and fee schedule to
reflect Exhibit B-2 and Schedule A-1;

2. Authorize the Executive Director to approve future
amendment to the Agreement with West Coast
Turf to exercise the final one-year option for the
fifth contract year, increase the not-to-exceed
amount by $1,680,000 to cover services from April
1, 2027 to March 31, 2028, and adjust the
compensation fee schedule to reflect rate
increases not to exceed 5% upon providing
reasonable justification of rate increases, all
subject to the same basic terms and conditions
and budget appropriations;

3. Authorize the Executive Director to approve future
amendment to the Agreement with West Coast
Turf, under the same basic terms and conditions,
for a period not to exceed six months beyond the
fifth contract year through September 30, 2028,
increase the not-to-exceed amount by $840,000 to
cover up to six months of services, and adjust the
compensation and fee schedule to reflect rate
increases not to exceed 5% over the prior year
upon providing reasonable justification of rate
increases, provided the Stadium Manager is
engaged in an active competitive solicitation
process and subject to budget appropriations; and

4. The total not-to-exceed maximum compensation
for the Agreement, inclusive of all contract years
and the six-month extension period, shall not
exceed $8,920,000.

Recommendation:

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4.D Action on Amendment No. 2 to the Agreement with KPMG LLP for Auditing and Consulting Services for the Santa Clara Stadium Authority
26-311
Approve and authorize the Executive Director or
designee to execute Amendment No. 2 to the
Agreement with KPMG LLP for audit and consulting
services to extend the term of the agreement to June
30, 2026 in a final form approved by the Stadium
Authority Counsel.

Recommendation:

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4.E Action on an Amendment No. 2 to the Agreement with Integrated Communication Systems for Fire Alarm Testing, Inspection, Maintenance, and Related Services at Levi’s Stadium to Extend the Term by One Year, Increase the Total Agreement Amount, Update the Compensation and Fee Schedule, and Delegate
Authority to the Executive Director for Future Amendments 26-313

1. Approve and authorize the Stadium Manager to
execute an Amendment No. 2 to the Agreement
with Integrated Communication System for fire
alarm testing, inspections, maintenance, and
related services at Levi’s Stadium to increase the
maximum compensation by $160,000 to cover
services from April 1, 2026 to March 31, 2027 and
update the compensation and fee schedule to
reflect Exhibit B-2;

2. Authorize the Executive Director to approve future
amendments to the Agreement with Integrated
Communication Systems to exercise the final
one-year option for the fifth contract year, increase
the not-to-exceed amount by $168,000 to cover
services from April 1, 2027 to March 31, 2028,
and adjust the compensation and fee schedule to
reflect rate increases not to exceed 5% upon
providing reasonable justification of rate
increases, all subject to the same basic terms and
conditions and budget appropriations;

3. Authorize the Executive Director to approve future
amendment to the Agreement with Integrated
Communication System, under the same basic
terms and conditions, for a period not to exceed
six months beyond the fifth contract year through
September 30, 2028, increase the not-to-exceed
amount by $88,200 to cover up to six months of
services, and adjust the compensation and fee
schedule to reflect rate increases not to exceed
5% over the prior year upon providing reasonable
justification of rate increases, provided the
Stadium Manager is engaged in an active
competitive solicitation process and subject to
budget appropriations; and

4. The total not-to-exceed maximum compensation
for the Agreement with Integrated Communication
Systems, inclusive of all contract years and the
six-month extension period, shall not exceed
Recommendation:

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$824,200.

4.F Action on an Amendment No. 3 to the Agreement with Everon LLC for Fire Sprinkler Testing, Inspection, and Maintenance Services to Extend the Term by One Year, Increase the Total Agreement Amount, Update the Compensation and Fee
Schedule, and Delegate Authority to the Executive Director for Future Amendments
26-316

1. Approve and authorize the Stadium Manager to
execute an Amendment No. 3 to the Agreement
with Everon LLC for fire sprinkler testing,
inspection, and maintenance services at Levi’s
Stadium to increase the maximum compensation
by $94,000 to cover services from April 1, 2026 to
March 31, 2027 and update the compensation and
fee schedule to Exhibit B-2;

2. Authorize the Executive Director to approve future
amendments to the Agreement with Everon LLC to
exercise the final one-year option for the fifth
contract year, increase the not-to-exceed amount
by $97,800 to cover services from April 1, 2027 to
March 31, 2028, and adjust the compensation and
fee schedule to reflect rate increases not to
exceed 5% over the prior year upon providing
reasonable justification of rate increases, all
subject to the same basic terms and conditions
and budget appropriations;

3. Authorize the Executive Director to approve future
amendment to the Agreement with Everon LLC,
under the same basic terms and conditions, for a
period not to exceed six months beyond the fifth
contract year through September 30, 2028,
increase the total not-to-exceed amount by
$49,862 to cover six months of services, and
adjust the compensation and fee schedule to
reflect rate increases not to exceed 5% over the
prior year upon providing reasonable justification
of rate increases, provided the Stadium Manager
is engaged in an active competitive solicitation
process and subject to budget appropriations; and

4. The total not-to-exceed maximum compensation
for the Agreement with Everon LLC, inclusive of all
contract years and the six-month extension period,
shall not exceed $494,562.

Recommendation:

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PUBLIC PRESENTATIONS
[This item is reserved for persons to address the Council or authorities on any matter not on the agenda that is within the subject matter jurisdiction of the City or Authorities. The law does not permit action on, or extended discussion of, any item not on the agenda except under special circumstances. The governing body, or staff, may briefly respond to statements made or questions posed, and appropriate body may request staff to report back at a subsequent meeting. Although not required, please submit to the City Clerk your name and subject matter on the speaker card available in the Council Chambers.]

CONSENT ITEMS PULLED FOR DISCUSSION

5. Action on Monthly Financial Status and Investment Reports for December
2025 and Approve the Related Budget Amendments
(ITEMS 2b AND 2e CONTINUED FROM MARCH 10, 2026)
26-295

2. Approve the FY 2025/26 budget amendments in
the following funds (as detailed in the Fiscal Impact
section of the staff report and Attachment 1 of the
staff report):
b. In the Downtown Parking Maintenance District
Fund, transfers funding to the Public Buildings
Fund and decreases the unrestricted ending
fund balance, with a net impact of $0; and
e. In the Public Buildings Capital Fund,
recognizes a transfer from the Downtown
Parking Maintenance District Fund and
establishes a Public Facilities Paid Parking
project, with a net impact of $180,000.

Five affirmative Council votes required to
appropriate additional revenue, allocate unused
balances
Recommendation:

PUBLIC HEARING/GENERAL BUSINESS

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6. Public Hearing: Adoption of a Resolution Ordering the Abatement
of a Nuisance Consisting of Growing Weeds in
Association with the County Weed Abatement Program for 2026 26-172

1. Determine the proposed actions are exempt from
CEQA pursuant to Section 15308 (Actions by
Regulatory Agencies for Protection of the
Environment) of Title 14 of the California Code of
Regulations;

2. Accept the recommendation from the City’s Code
Enforcement for the removal of the four (4)
properties who have demonstrated compliance
from the County’s 2026 Commencement Report;
and

3. Adopt a Resolution Ordering the Abatement of a
Nuisance Consisting of Growing Weeds in the City
of Santa Clara on the Identified Parcels in
Accordance with City Code Chapter 8.15 and in
Association with the County Weed Abatement
Program (Attachment 7).

Recommendation:

7. Public Hearing: Opportunity for Public Comment on the First Version
of the DRAFT FY 2026/27 Annual Action Plan for the
Use of Federal Housing and Urban Development (HUD) Grant Funds
26-135
Approve the 2026-2027 DRAFT Annual Action Plan
and direct staff to include public comments in the final version to be presented to the City Council on May 5,
2026.

Recommendation:

8. Informational Report Regarding the Santa Clara Police Department’s
Automated License Plate Reader (ALPR) Policy,
Compliance Review, and Program Operations
26-273
Note and file Information Report.Recommendation:

REPORTS OF MEMBERS, SPECIAL COMMITTEES AND COUNCILMEMBER 030 REQUESTS

CITY MANAGER/EXECUTIVE DIRECTOR REPORT

ADJOURNMENT
The next regular scheduled meeting is on Tuesday, April 7, 2026 in the City Hall Council Chambers.

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MEETING DISCLOSURES
The time limit within which to commence any lawsuit or legal challenge to any quasi-adjudicative decision made by the City is governed by Section 1094.6 of the Code of Civil Procedure, unless a shorter limitation period is specified by any other provision. Under Section 1094.6, any lawsuit or legal challenge to any quasi-adjudicative decision made by the City must be filed no later than the 90th day following the date on which such decision becomes final. Any lawsuit or legal challenge, which is not filed within that 90-day period, will be barred. If a person wishes to challenge the nature of the above section in court, they may be limited to raising only those issues they or someone else raised at the meeting described in this notice, or in written correspondence delivered to the City of Santa Clara, at or prior to the meeting. In addition, judicial challenge may be limited or barred where the interested party has not sought and exhausted all available administrative remedies.

STREAMING SERVICES: As always, the public may view the meetings on SantaClaraCA.gov, Santa Clara City Television (Comcast cable channel 15), or the livestream on the City’s YouTube channel or Facebook page.

Note: The public cannot participate in the meeting through these livestreaming methods; livestreaming capabilities may be disrupted at times, viewers may always view and participate in meetings in-person and via Zoom as noted on the agenda.

AB23 ANNOUNCEMENT: Members of the Santa Clara Stadium Authority, Sports and Open Space Authority and Housing Authority are entitled to receive $30 for each attended meeting.

Note: The City Council and its associated Authorities meet as separate agencies but in a concurrent manner. Actions taken should be considered actions of only the identified policy body.

LEGEND: City Council (CC); Stadium Authority (SA); Sports and Open Space Authority (SOSA); Housing Authority (HA); Successor Agency to the City of Santa Clara Redevelopment Agency (SARDA); Bayshore North Project Enhancement Authority (BNPEA); Public Facilities Financing Corporation (PFFC) Public contact was made by posting the Council agenda on the City’s official-notice bulletin board outside City Hall Council Chambers. A complete agenda packet is available on the City’s website and in the City Clerk’s Office at least 72 hours prior to a Regular Meeting and 24 hours prior to a Special Meeting. A hard copy of any agenda report may be requested by contacting the City Clerk’s Office at (408) 615-2220, email [email protected] <mailto:[email protected]> or at the public information desk at any City of Santa Clara public library.

If a member of the public submits a speaker card for any agenda items, their name will appear in the Minutes. If no speaker card is submitted, the Minutes will reflect "Public Speaker." In accordance with the requirements of Title II of the Americans with Disabilities Act of 1990 ("ADA"), the City of Santa Clara will not discriminate against qualified individuals with disabilities on the basis of disability in its services, programs, or activities, and will ensure that all existing facilities will be made accessible to the maximum extent feasible. The City of Santa Clara will generally, upon request, provide appropriate aids and services leading to effective communication for qualified persons with disabilities including those with speech, hearing, or vision impairments so they can participate equally in the City’s programs, services, and activities. The City of Santa Clara will make all reasonable modifications to policies and programs to ensure that people with disabilities have an equal opportunity to enjoy all of its programs, services, and activities.

Agendas and other written materials distributed during a public meeting that are public record will be made available by the City in an appropriate alternative format. Contact the City Clerk’s Office at 1 408-615-2220 with your request for an alternative format copy of the agenda or other written materials.

Individuals who require an auxiliary aid or service for effective communication, or any other disability-related modification of policies or procedures, or other accommodation, in order to participate in a program, service, or activity of the City of Santa Clara, should contact the City’s ADA Coordinator at 408-615-3000 as soon as possible but no later than 48 hours before the scheduled event.

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Joint Council and Authorities Concurrent &
Stadium Authority Board Meeting
City of Santa Clara
Agenda Report
1500 Warburton Avenue
Santa Clara, CA 95050
santaclaraca.gov
@SantaClaraCity
26-266 Agenda Date: 3/24/2026

SUBJECT
Conference with Legal Counsel-Existing Litigation
Pursuant to Gov. Code § 54956.9(d)(1)
Name of case: City of Santa Clara v. Bogard Construction, Inc., et al; Santa Clara County Superior Court case number 23CV424421
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City of Santa Clara
Agenda Report
1500 Warburton Avenue
Santa Clara, CA 95050
santaclaraca.gov
@SantaClaraCity
26-319 Agenda Date: 3/24/2026

SUBJECT
Conference with Legal Counsel-Existing Litigation
Pursuant to Gov. Code § 54956.9(d)(1)
Name of case: City of Santa Clara v. 891 Laurelwood LLC; Santa Clara County Superior Court case number: 25CV472883
Conference with Real Property Negotiators
Pursuant to Gov. Code § 54956.8
Property: 891 Laurelwood, Santa Clara, CA 95054 (APN 101-11-004) City Negotiator: Jovan Grogan, City Manager (or designee) Negotiating Parties: 891 Laurelwood LLC and South Bay Windows, Inc Under Negotiation: Purchase of Real Property Interests (provisions, price and terms of payment) City of Santa Clara Printed on 3/20/2026Page 1 of 1
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City of Santa Clara
Agenda Report
1500 Warburton Avenue
Santa Clara, CA 95050
santaclaraca.gov
@SantaClaraCity
26-247 Agenda Date: 3/24/2026

REPORT TO COUNCIL

SUBJECT
Proclamation of March 2026 as Red Cross Month

BACKGROUND
The American Red Cross was founded by American nurse Clara Barton in 1881. Inspired by the Swiss Red Cross network, Clara Barton campaigned for the American Red Cross as an organization to conduct domestic and overseas disaster relief efforts.

President Franklin D. Roosevelt issued the first Red Cross Month proclamation in 1943 to honor the organization’s work and raise awareness on its mission. Since then, every United States president has proclaimed March as Red Cross Month.

Red Cross Month is an opportunity for cities to recognize Red Cross volunteers. Red Cross volunteers make a difference in local neighborhoods and across the nation by preparing, responding, and recovering from disasters and emergencies, by donating blood and through financial contributions.

The mission of the Red Cross is to prevent and alleviate human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors. The Red Cross relies on their workforce, 90% of which are volunteers, to help millions of people, especially during local home fires, wildfires, as well as national hurricanes, and the COVID-19 pandemic.

The humanitarian effort of the American Red Cross is a symbolism for the hope and relief they promote around the world. By providing basic human needs, the Red Cross helps keep the dignity of the people they are serving regardless of their economic, ethnic, or social status.

DISCUSSION
At the March 24, 2026, City Council meeting, the City Council will proclaim March 2026 as Red Cross Month. Executive Director Reagan Lund and Board Member Saksham Gakhar from the Silicon Valley Chapter of the American Red Cross will accept the proclamation.

ENVIRONMENTAL REVIEW
This is an informative report only and no action is being taken by the City Council and no environmental review under the California Environmental Quality Act ("CEQA") is required.

FISCAL IMPACT
There is no fiscal impact to the City other than staff time.

PUBLIC CONTACT
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26-247 Agenda Date: 3/24/2026
Public contact was made by posting the Council agenda on the City’s official-notice bulletin board outside City Hall Council Chambers. A complete agenda packet is available on the City’s website and in the City Clerk’s Office at least 72 hours prior to a Regular Meeting and 24 hours prior to a Special Meeting. A hard copy of any agenda report may be requested by contacting the City Clerk’s Office at (408) 615-2220, email [email protected] or at the public information desk at any City of Santa Clara public library.

Reviewed by: Aimee Escobar, Management Analyst, City Manager’s Office Approved by: Jovan D. Grogan, City Manager

ATTACHMENTS

1. Proclamation of March 2026 as Red Cross Month
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City of SantaClara

WHEREAS, more than 140 years ago, the American Red Cross was founded by Clara Barton as a humanitarian organization to prevent and all eviate human suffering. President Franklin D. Roosevelt issued the first Red Cross Month proclamation in 1943 to raise awareness of the organization and its humanitarian mission, and since then every president has issued a Red Cross Month proclamation; and

WHEREAS, the mission of the American Red Cross is to prevent and alleviate human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors; it is guided by seven fundamental principles including humanity, impartiality, and independence; and

WHEREAS, American Red Cross volunteers provide emergency shelter, food and comfort for families displaced by fires and other disasters, and donate lifesaving blood for cancer patients, accident victims, and people with sickle cell disease and other life-threatening conditions; and

WHEREAS, Red Cross Month is a time to honor the kindness of the neighbors who aid families in need every day in Santa Clara, across the United States, and around the world, as their dedication touches millions of lives each year.

NOW, THEREFORE, I, LISA M. GILLMOR, by virtue of the authority vested in me as Mayor, and on behalf of the entire City Council, do hereby proclaim the month of March 2026 as

RED CROSS MONTH

in the City of Santa Clara and do hereby encourage all Santa Clarans to support the organization’s humanitarian mission.

Given under my hand and the Seal of the City of Santa Clara, California, this 24TH day of March 2026.

LISA M. GILLMOR

MAYOR, CITY OF SANTA CLARA

KELLY G. COX
COUNCILMEMBER , DISTRICT 6

ALBERT GONZALEZ
VICE MAYOR, DISTRICT 1

RAJ CHAHAL
COUNCILMEMBER, DISTRICT 2

KAREN HARDY
COUNCILMEMBER, DISTRICT 3

KEVIN PARK
COUNCILMEMBER, DISTRICT 4

SUDS JAIN
COUNCILMEMBER, DISTRICT 5
Proclamation

City of Santa Clara
Agenda Report
1500 Warburton Avenue
Santa Clara, CA 95050
santaclaraca.gov
@SantaClaraCity
26-248 Agenda Date: 3/24/2026

REPORT TO COUNCIL

SUBJECT
Recognition of the Silicon Valley Lunar New Year Together Committee in honor of the Silicon Valley New Year Together Celebration

BACKGROUND
Staff collaborated with the Economic Development and Marketing Committee (EDMC) on the Where the Mission Meets the Moment campaign to support the community through the Major Community Events (MCE) program in 2026. The City also worked with local organizations to support and amplify approved partner-led events under the campaign.

The Silicon Valley New Year Together Celebration, one of the largest multicultural Lunar New Year festivals and night markets in Silicon Valley, was held January 31-February 1, 2026, in Santa Clara.

The event brought together a wide range of cultural communities, including Vietnamese, Chinese, Korean, Indian, Filipino, Japanese, Portuguese, Cambodian, and Mongolian communities, to celebrate heritage, arts, music, and cultural traditions.

The two-day celebration attracted an estimated 30,000 attendees and provided an opportunity for sponsors and participants to support diversity, cultural visibility, and a vibrant multicultural community.

DISCUSSION
In 2026, the Silicon Valley New Year Together Celebration marked its 5th annual event. The celebration was created by the Silicon Valley Lunar New Year Together Committee, comprised of Ding Ding TV/Silicon Valley Community Media and OMG Entertainment. The group worked with the Economic Development and Marketing Committee to plan the event as part of the City of Santa Clara’s 2026 community events.

Ding Ding TV/Silicon Valley Community Media amplifies Asian American voices through storytelling, media, and community programs, helping to build bridges across cultures. The organization is also the creator of Asian American Stories, a movement that brings together organizations and families to share their journeys and strengthen community identity.

OMG Entertainment specializes in marketing and large-scale event planning, bringing dynamic themed events to local communities.

Diana Ding of Ding Ding TV/Silicon Valley Community Media, along with committee members, will be in attendance to receive a commendation on behalf of the Silicon Valley Lunar New Year Together Committee in recognition of their work in organizing the Silicon Valley New Year Together Celebration.

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26-248 Agenda Date: 3/24/2026

ENVIRONMENTAL REVIEW
This is an information report only and no action is being taken by the City Council and no environmental review under the California Environmental Quality Act ("CEQA") is required.

FISCAL IMPACT
There is no fiscal impact to the City other than staff time.

PUBLIC CONTACT
Public contact was made by posting the Council agenda on the City’s official-notice bulletin board outside City Hall Council Chambers. A complete agenda packet is available on the City’s website and in the City Clerk’s Office at least 72 hours prior to a Regular Meeting and 24 hours prior to a Special Meeting. A hard copy of any agenda report may be requested by contacting the City Clerk’s Office at (408) 615-2220, email [email protected] or at the public information desk at any City of Santa Clara public library.

Reviewed by: Aimee Escobar, Management Analyst, City Manager’s Office Approved by: Jovan D. Grogan, City Manager

ATTACHMENTS

1. Commendation for the Silicon Valley Lunar New Year Together Committee in honor of the Silicon Valley New Year Together Celebration
City of Santa Clara Printed on 3/20/2026Page 2 of 2
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City of SantaClara

WHEREAS, as the largest multicultural Lunar New Year Festival and Night Market in Silicon Valley, the Silicon Valley New Year Together celebration brings together Vietnamese, Chinese, Korean, Indian, Filipino, Japanese, Portuguese, Cambodian, Mongolian, and many other communities to honor heritage, music, arts, family traditions, and community pride .and

WHEREAS, with 30,000 plus attendees, the Silicon Valley New Year Together Celebration has become a signature cultural destination and a powerful opportunity for sponsors to support diversity, visibility, and a thriving multicultural community; and

WHEREAS, 2026 marked the 5th annual Silicon Valley New Year Together Celebration created by the Silicon Valley Lunar New Year Together Committee, comprised of Ding Ding TV and OMG Entertainment; and

WHEREAS, Ding Ding TV/ Silicon Valley Community Media through storytelling, media, and community programs amplifies Asian American voices and builds bridges across cultures. OMG Entertainment specializes in marketing and large -scale event planning, bringing exciting, themed events to local communities.

NOW, THEREFORE, I, LISA M. GILLMOR, by virtue of the authority vested in me as Mayor, and on behalf of the Santa Clara City Council, do hereby recognize and congratulate the

SILICON VALLEY LUNAR NEW YEAR TOGETHER COMMITTEE

in honor of the 2026 Silicon Valley New Year Together Celebration.

Given under my hand and the Seal of the City of Santa Clara, California, this 24 th day of March 2026.

LISA M. GILLMOR

MAYOR, CITY OF SANTA CLARA

ALBERT GONZALEZ
VICE MAYOR, DISTRICT 1

KELLY G. COX
COUNCILMEMBER, DISTRICT 6

RAJ CHAHAL
COUNCILMEMBER, DISTRICT 2

KAREN HARDY
COUNCILMEMBER, DISTRICT 3

KEVIN PARK
COUNCILMEMBER, DISTRICT 4

SUDS JAIN
COUNCILMEMBER, DISTRICT 5
Commendation

City of Santa Clara
Agenda Report
1500 Warburton Avenue
Santa Clara, CA 95050
santaclaraca.gov
@SantaClaraCity
26-312 Agenda Date: 3/24/2026

REPORT TO COUNCIL

SUBJECT
Action on the February 10, 2026 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting and February 24, 2026 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting Minutes

RECOMMENDATION
Approve the February 10, 2026 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting and February 24, 2026 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting Minutes.

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7:00 PM Hybrid Meeting
City Hall Council Chambers/Virtual
1500 Warburton Avenue
Santa Clara, CA 95050
02/10/202626

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City of Santa Clara
Meeting Minutes of the
Joint City Council and Authorities Concurrent &
Santa Clara Stadium Authority Board
Draft
The City of Santa Clara is conducting City Council meetings in a hybrid manner (in-person and continues to have methods for the public to participate remotely). • Via Zoom:
o https://santaclaraca.zoom.us/j/99706759306
Meeting ID: 997-0675-9306
o Phone 1(669) 900-6833
How to Submit Written Public Comment Before City Council Meeting:

1. Use the eComment tab located on the City Council Agenda page https://santaclara.legistar.com/Calendar.aspx). eComments are directly sent to the iLegislate application used by City Council and staff, and become part of the public record. eComment closes 15 minutes before the start of a meeting.

NOTE: Please note eComments and Emails received as public comment will not be read aloud during the meeting.

Agendas, Staff Reports and some associated documents for City Council items may be viewed on the Internet at https://santaclara.legistar.com/Calendar.aspx All public records relating to an open session item on this agenda, which are not exempt from disclosure pursuant to the California Public Records Act, that are distributed to a majority of the legislative body will be available for public inspection at the Office of the City Clerk at Santa Clara City Hall, 1500 Warburton Avenue, Santa Clara, CA 95050 at the same time that the public records are distributed or made available to the legislative body. Any draft contracts, ordinances and resolutions posted on the Internet

site or distributed in advance of the Council meeting may not be the final documents approved by the City Council. For the final document, you may contact the Office of the City Clerk at (408) 615-2220 or [email protected].
02/10/2026Meeting Minutes

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Call to Order in the Council Chambers
Mayor/Chair Gillmor called the regular meeting to order at 7:06 PM.

Pledge of Allegiance and Statement of Values
Roll Call
Council/Board recited the Pledge of Allegiance.

Council/Boardmember Cox recited the Statement of Values.

Assistant City Clerk/Secretary Pimentel noted that
Council/Boardmember Chahal is participating remotely under the "Just Cause" Provision of SB 707.

Assistant City Clerk/Secretary Pimentel recited the AB23 announcement and Statement of Behavioral Standards.

Assistant City Clerk/Secretary Pimentel also noted that any registered Lobbyist speaking during the Public Meeting will need to identify themselves and whom they represent.

Vice Mayor/Chair Albert Gonzalez, Council/Boardmember Raj Chahal, Council/Boardmember Karen Hardy, Council/Boardmember Kevin Park, Council/Boardmember Suds Jain, Council/Boardmember Kelly Cox, and Mayor/Chair Lisa M. Gillmor

Present: 7 -
Mayor Gillmor provided some remarks recognizing City staff for their hard work and noting the successful delivery of Superbowl LX.

City Manager Grogan expressed his appreciation to City staff for their commitment, professionalism, and effective coordination in supporting the successful delivery of Super Bowl LX.

Council comments followed.

CONTINUANCES/EXCEPTIONS/RECONSIDERATIONS
None.

SPECIAL ORDER OF BUSINESS
26-176 Community Events 2026 Post Meeting Material
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1. 26-30 Proclamation of February 2026 as Black History Month Mayor Gillmor, on behalf of the Council, proclaimed February 2026 as Black History Month.

Milan Balinton (Executive Director, African American Community Services Agency) accepted the proclamation and provided some remarks.

CONSENT CALENDAR
Council/Boardmember Jain pulled Items 2.C and 2.D.

A motion was made by Vice Mayor/Chair Gonzalez, seconded by Counci/Boardlmember Hardy, to approve the Consent Calendar (except Items 2.C and 2.D)

Aye:

Vice Mayor/Chair Gonzalez, Council/Boardmember Chahal, Council/ Boardmember Hardy, Council/Boardmember Park, Council/Boardmember Jain, Council/Boardmember Cox, and Mayor/Chair Gillmor
7 -

2.A 26-81 Action on the December 9, 2025 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting and January 13, 2026 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting Minutes
Recommendation:

Approve the December 9, 2025 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting and January 13, 2026 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting Minutes.

A motion was made by Vice Mayor Gonzalez, seconded by
Councilmember Hardy, to approve the December 9, 2025 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting and January 13, 2026 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting Minutes.

Aye:

Vice Mayor/Chair Gonzalez, Council/Boardmember Chahal, Council/ Boardmember Hardy, Council/Boardmember Park, Council/
Boardmember Jain, Council/Boardmember Cox, and Mayor/Chair Gillmor
7 -

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2.B 26-3 Board, Commissions and Committee Minutes
Recommendation: Note and file the Minutes of:

Parks & Recreation Commission - June 9, 2025
Parks & Recreation Commission - July 14, 2025
Parks & Recreation Commission - August 18, 2025
Parks & Recreation Commission - October 20, 2025
Youth Commission - May 13, 2025
Youth Commission - September 16, 2025
Youth Commission - October 14, 2025
Youth Commission - November 18, 2025
Youth Commission - December 9, 2025
Cultural Commission - June 2, 2025
Cultural Commission - July 7, 2025
Cultural Commission - August 4, 2025
Cultural Commission - October 6, 2025
Cultural Commission - November 3, 2025
Cultural Commission - December 1, 2025
A motion was made by Vice Mayor Gonzalez, seconded by
Councilmember Hardy, to note and file the Minutes of: Parks & Recreation Commission - June 9, 2025, Parks & Recreation Commission - July 14, 2025, Parks & Recreation Commission - August 18, 2025, Parks & Recreation Commission - October 20, 2025, Youth Commission - May 13, 2025, Youth Commission - September 16, 2025, Youth Commission - October 14, 2025, Youth Commission - November 18, 2025, Youth Commission - December 9, 2025, Cultural Commission - June 2, 2025, Cultural Commission - July 7, 2025, Cultural Commission - August 4, 2025, Cultural Commission - October 6, 2025, Cultural Commission - November 3, 2025, and Cultural Commission - December 1, 2025.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Hardy, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor
7 -

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2.D 26-15010 Action to Award a Public Works Contract for the Juliette Substation Expansion Project CIP No. 2462 to Par Western Line Contractors, LLC, for a Not-to-Exceed Amount of $12,889,123, Inclusive of a 15% Contingency, Funded by the Electric Utility Capital Fund, and Approve a Related Budget Amendment
Recommendation:

1. Determine that the proposed actions are exempt from CEQA pursuant to sections 15302 (Class 2 - Replacement and Reconstruction) and 15303 (Class 3 - New Construction) of Title 14 of the California Code of Regulations;

2. On the facts presented, determine that further public bidding would be impractical and not in the best interests of the City, and award the Public Works Contract for the Juliette Substation Expansion Project CIP No. 2462 to Par Western Line Contractors, LLC, in the amount of $11,207,933, and authorize the City Manager or designee to execute and negotiate a public works contract (Contract) in substantially the form attached to this Report to Council, subject to the review and approval as to form by the City Attorney;

3. Authorize the City Manager or designee to take any actions necessary to implement and administer the Contract including executing any and all documents in furtherance of the award, completion, and acceptance of the Project, and approving any necessary change orders not to exceed a 15% contingency, or $1,681,190, for a total contract amount not to exceed $12,889,123, funded by the Electric Utility Capital Fund and subject to the review and approval as to form by the City Attorney; and

4. Approve the FY 2025/26 budget amendment in the Electric Utility Capital Fund to increase the Other Revenue estimate and the Juliette Substation Expansion project in the amount of $13,056,000 (five affirmative Council votes required to appropriate additional revenue).

A motion was made by Vice Mayor Gonzalez, seconded by
Councilmember Hardy, to (1) determine that the proposed actions are exempt from CEQA pursuant to sections 15302 (Class 2 - Replacement and Reconstruction) and 15303 (Class 3 - New Construction) of Title 14 of the California Code of Regulations; (2) on the facts presented, determine that further public bidding would be impractical and not in the best interests of the City, and award the Public Works Contract for the Juliette Substation Expansion Project CIP No. 2462 to Par Western Line Contractors, LLC, in the amount of $11,207,933, and authorize the City Manager or designee to execute and negotiate a public works contract (Contract) in substantially the form attached to this Report to Council, subject to the review and approval as to form by the City Attorney; (3)

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authorize the City Manager or designee to take any actions necessary to implement and administer the Contract including executing any and all documents in furtherance of the award, completion, and acceptance of the Project, and approving any necessary change orders not to exceed a 15% contingency, or $1,681,190, for a total contract amount not to exceed $12,889,123, funded by the Electric Utility Capital Fund and subject to the review and approval as to form by the City Attorney; and (4) approve the Fiscal Year 2025/26 budget amendment in the Electric Utility Capital Fund to increase the Other Revenue estimate and the Juliette Substation Expansion project in the amount of $13,056,000.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Hardy, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor
7 -

2.E 26-16930
Approval of the Annual Investment Policy for the City of Santa Clara, its Agencies and Corporations
Recommendation:

Approve in the form presented the updated Annual Investment Policy for the City of Santa Clara, its Agencies and Corporations.

A motion was made by Vice Mayor Gonzalez, seconded by
Councilmember Hardy, to approve in the form presented the updated Annual Investment Policy for the City of Santa Clara, its Agencies and Corporations.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Hardy, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor
7 -

2.F 26-47
Action on a Resolution to Rename the existing “Advisory Committee” on Deferred Compensation matters to the “Deferred Compensation Committee,” Expand its Role to Advise on All City Deferred Compensation Plans, and Clarify the Committee’s Duties and Responsibilities Recommendation:

Adopt the Resolution renaming the existing “Advisory Committee” on deferred compensation as the “Deferred Compensation Committee,” updating its duties and responsibilities on the terms presented.

A motion was made by Vice Mayor Gonzalez, seconded by
Councilmember Hardy, to adopt Resolution No. 26-9534 renaming the existing “Advisory Committee” on deferred compensation as the “Deferred Compensation Committee,” updating its duties and responsibilities on the terms presented.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Hardy, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor
7 -

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2.G 26-17320 Action on Adoption of a Resolution Declaring Weeds a Public Nuisance and Setting March 24, 2026, for Public Hearing to Consider Testimony Regarding Non-Compliant Lots
Recommendation:

1. Determine the proposed actions are exempt from CEQA pursuant to Section 15308 (Actions by Regulatory Agencies for Protection of the Environment) of Title 14 of the California Code of Regulations;

2. Adopt a Resolution ordering the abatement of nuisance consisting of growing weeds in the City; and

3. Set March 24, 2026, as the date for the required Public Hearing to consider testimony regarding non-compliant lots.

A motion was made by Vice Mayor Gonzalez, seconded by
Councilmember Hardy, to (1) determine the proposed actions are exempt from CEQA pursuant to Section 15308 (Actions by
Regulatory Agencies for Protection of the Environment) of Title 14 of the California Code of Regulations; (2) adopt Resolution No. 26-
9535 ordering the abatement of nuisance consisting of growing weeds in the City; and (3) set March 24, 2026, as the date for the required Public Hearing to consider testimony regarding non-compliant lots.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Hardy, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor
7 -

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2.H 26-139 Authorize the City Manager to execute the 2026-2029 Memorandum of Understanding Between the City of Santa Clara and the International Brotherhood of Electrical Workers (IBEW), Local Union 1245 (Unit 3) and Approve a Corresponding Update to the Unit 3 Classified Salary Plan Recommendation:

1. Authorize the City Manager to execute a 2026-2029 Memorandum of Understanding and related Side Letter Agreements Between the City of Santa Clara and the International Brotherhood of Electrical Workers (IBEW), Local Union 1245 (Unit 3) on the terms presented, as reflected in the Mediation Joint Recommendation, in a final form approved by the City Attorney; and

2. Adopt a Resolution Updating the Salary Plan for various Unit 3 classified positions to satisfy the requirements of California Code of Regulations Section 570.5.

A motion was made by Vice Mayor Gonzalez, seconded by
Councilmember Hardy, to (1) authorize the City Manager to execute a 2026-2029 Memorandum of Understanding and related Side Letter Agreements Between the City of Santa Clara and the International Brotherhood of Electrical Workers (IBEW), Local Union 1245 (Unit 3) on the terms presented, as reflected in the Mediation Joint Recommendation, in a final form approved by the City Attorney; and (2)
adopt Resolution No. 26-9536 Updating the Salary Plan for various Unit 3 classified positions to satisfy the requirements of California Code of Regulations Section 570.5.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Hardy, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor
7 -

SANTA CLARA STADIUM AUTHORITY BOARD CONSENT CALENDAR

3. 26-46 Action on Stadium Authority Bills and Claims for the Month of December 2025
Recommendation:

Approve the list of Stadium Authority Bills and Claims for December 2025.

A motion was made by Vice Chair Gonzalez, seconded by
Boardmember Hardy, to approve the list of Stadium Authority Bills and Claims for December 2025.

Aye:

Vice Chair Gonzalez, Boardmember Chahal, Boardmember Hardy, Boardmember Park, Boardmember Jain, Boardmember Cox, and Chair Gillmor
7 -
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PUBLIC PRESENTATIONS
Emily Adorable spoke regarding Showtime 2026.

Kirk Vartan spoke regarding the Agrihood project.

Matthew North spoke regarding Black History Month.

George Lance spoke regarding free speech.

Alex Silverstein
spoke regarding Black History Month.

Edward Strine spoke regarding illegal immigration.

Linda spoke regarding federal agents near the Levi's Stadium.

Anthony Becker (Time donated from Abel, Sarah, and Elizabeth) spoke regarding his experience running for and serving on the Council, and made a Council Policy 030 request to investigate the disclosure of confidential information from Closed Session.

Debbie Tryforos spoke regarding seating arrangements at the Classy Bag Affaire and hate speech.

Informed Citizen voiced her concerns regarding Mayor Gillmor.

Judy Testor spoke regarding free speech.

Emil Kirov spoke regarding soccer field access.

Wanda Buck thanked the Council and staff.

Mayor Gillmor provided a statement that the Council does not condone hate speech.

Councilmember Cox provided some remarks.

CONSENT ITEMS PULLED FOR DISCUSSION

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2.C 26-41 Action on Award of a Public Works Contract for the Laurelwood Junction Transmission Line Extension Project to Henkels & McCoy West, LLC, for a Not-to-Exceed Amount of $883,183, Inclusive of a 15% Contingency, Funded by the Laurelwood Substation Capital Improvement Project (CIP No. 2443) Budget
Recommendation:

1. Determine the proposed actions are exempt from CEQA pursuant to sections 15302 15302 (Class2 - Replacement or Reconstruction) and 15303 (Class 3 - New Construction) of Title 14 of the California Code of Regulations;

2. Award the Public Works Contract for the Laurelwood Substation Capital Improvement Project (CIP No. 2443) to the lowest responsive and responsible bidder, Henkels & McCoy West, LLC, in the amount of $767,985, and authorize the City Manager or designee to execute a public works contract (Contract) in substantially the form attached to this Report to Council, subject to the review and final approval as to form by the City Attorney; and

3. Authorize the City Manager or designee to take any actions necessary to implement and administer the Contract including executing any and all documents in furtherance of the award, completion, and acceptance of the Project and approval of any necessary change orders not to exceed 15% of the original contract price, or $115,198, for a total contract amount not-to-exceed $883,183, funded by the Electric Utility Capital Fund.

Councilmember Jain pulled this item for questions.

Chief Electric Utility Officer Procos, City Manager Grogan and Director of Finance Lee addressed Council questions.

Public Comment: None
A motion was made by Councilmember Jain, seconded by Vice Mayor Gonzalez, to (1) determine the proposed actions are exempt from CEQA pursuant to sections 15302 15302 (Class2 -
Replacement or Reconstruction) and 15303 (Class 3 - New Construction) of Title 14 of the California Code of Regulations; (2) award the Public Works Contract for the Laurelwood Substation Capital Improvement Project (CIP No. 2443) to the lowest responsive and responsible bidder, Henkels & McCoy West, LLC, in the amount of $767,985, and authorize the City Manager or designee to execute a public works contract (Contract) in substantially the form attached to this Report to Council, subject to the review and final approval as to form by the City Attorney; and (3) authorize the City Manager or designee to take any actions necessary to implement and administer the Contract including executing any and all documents

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in furtherance of the award, completion, and acceptance of the Project and approval of any necessary change orders not to exceed 15% of the original contract price, or $115,198, for a total contract amount not-to-exceed $883,183, funded by the Electric Utility Capital Fund.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Hardy, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor
7 -

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Councilmember Jain pulled this item for questions.

Director of Finance Lee addressed Council questions.

Public Comment: None
A motion was made by Councilmember Jain, seconded by
Councilmember Hardy, to (1) determine that the proposed actions are exempt from CEQA pursuant to sections 15302 (Class 2 - Replacement and Reconstruction) and 15303 (Class 3 - New Construction) of Title 14 of the California Code of Regulations; (2) on the facts presented, determine that further public bidding would be impractical and not in the best interests of the City, and award the Public Works Contract for the Juliette Substation Expansion

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Project CIP No. 2462 to Par Western Line Contractors, LLC, in the amount of $11,207,933, and authorize the City Manager or designee to execute and negotiate a public works contract (Contract) in substantially the form attached to this Report to Council, subject to the review and approval as to form by the City Attorney; (3) authorize the City Manager or designee to take any actions necessary to implement and administer the Contract including executing any and all documents in furtherance of the award, completion, and acceptance of the Project, and approving any necessary change orders not to exceed a 15% contingency, or $1,681,190, for a total contract amount not to exceed $12,889,123, funded by the Electric Utility Capital Fund and subject to the review and approval as to form by the City Attorney; and (4) approve the Fiscal Year 2025/26 budget amendment in the Electric Utility Capital Fund to increase the Other Revenue estimate and the Juliette Substation Expansion project in the amount of $13,056,000.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Hardy, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor
7 -

PUBLIC HEARING/GENERAL BUSINESS

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4. 26-16610 Review and Approve the Library Strategic Plan and Library Facilities Master Plan
Recommendation: Approve the Updated Draft Library Strategic Plan and Library Facilities Master Plan in substantially the forms presented
City Manager Grogan made some opening remarks and introduced City Librarian Wong who provided a Powerpoint presentation on the Library Strategic Plan and Facilities Master Plan.

Councilmember Chahal left the meeting at 8:30 PM.

Councilmember Park
left the dais at 8:37 PM.

Council questions and comments followed.

City Librarian Wong addressed Council questions.

Public Comment: Jonathon Evans
Betsy Megas
Linda
A motion was made by Councilmember Hardy, seconded by Vice Mayor Gonzalez, to approve the Updated Draft Library Strategic Plan and Library Facilities Master Plan in substantially the forms presented.

Aye: Vice Mayor Gonzalez, Councilmember Hardy, Councilmember Jain, Councilmember Cox, and Mayor Gillmor
5 -

Absent: Councilmember Chahal, and Councilmember Park2 -

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5. 26-16720 Review and Approve the Senior Advisory Commission and Youth Commission Annual Workplans for FY 2025-2026; and Discuss Potential Joint Dinners or Special Annual Event(s) between the Council and Board, Commissions, and Committees
Recommendation: Review and Approve the Senior Advisory Commission and Youth Commission Annual Workplans for FY 2025-26 and Provide Direction to staff regarding the preferred approach for Joint Dinners or Special Annual Event(s) with the City’s Board, Commissions, and Committees.

City Manager Grogan made some opening remarks and introduced Assistant City Manager Azevedo who provided a Powerpoint presentation on the Approval of Commission Annual Workplans for the Senior Advisory Commission and Youth Commission and the Potential Joint Dinners or Special Annual Events(s) for Board, Commissions, and Committees.

Council questions followed.

Councilmember Park returned to the dais at 9:23 PM.

City Manager Grogan and Assistant City Manager Azevedo
addressed Council questions.

Public Comment: Linda
Lance Saleme
A motion was made by Vice Mayor Gonzalez, seconded by
Councilmember Jain, to approve the Senior Advisory Commission and Youth Commission Annual Workplans and reinstate the joint dinners and include an annual recognition dinner.

Aye: Vice Mayor Gonzalez, Councilmember Hardy, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Chahal1 -

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6. 26-71 Staff Request for City Council Direction on the 250th Anniversary Fourth of July Community Celebration
Recommendation: It is recommended that the City Council determined that any of the proposed options is categorically exempt under CEQA as a Class 23 exemption (a proposed use consistent with the normal operations of existing facilities for public gatherings for which the facilities were designed) and direct staff to (1) proceed with one of the options below for the Fourth of July event and (2) return to the City Council with any necessary budget actions to implement that recommended option.

1. Option 1: Host the 250th Anniversary Fourth of July Community Celebration at Central Park as an evening event inclusive of entertainment and fireworks

2. Option 2: Host the 250th Anniversary Fourth of July Community Celebration at Central Park as a daytime event inclusive of artisan vendors, traditional family activities, food and entertainment

3. Option 3: Host the 250th Anniversary Fourth of July Community Celebration in Partnership with Mission College and California’s Great America inclusive of entertainment and fireworks

4. Option 4: Alternative event identified by the City Council City Manager Grogan made some opening remarks and introduced Recreation Manager Castro who provided a Powerpoint presentation on Council Direction on the 250th anniversary Fourth of July Community Celebration.

Council questions and comments followed.

Recreation Manager Castro, City Manager Grogan and Director of Parks and Recreation Sparacino addressed Council questions.

Council discussion followed.

Public Comment: Linda
Edward Strine
Kathy Watanabe
A motion was made by Vice Mayor Gonzalez, seconded by
Councilmember Jain, to host the 250th Anniversary Fourth of July Community Celebration in Partnership with Mission College and California’s Great America inclusive of entertainment and fireworks, and determine that this is categorically exempt under CEQA as a Class 23 exemption.

Aye: Vice Mayor Gonzalez, Councilmember Hardy, Councilmember Park, and Councilmember Jain
4 -

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Nay: Councilmember Cox, and Mayor Gillmor2 -

Absent: Councilmember Chahal1 -
REPORTS OF MEMBERS, SPECIAL COMMITTEES AND COUNCILMEMBER 030

REQUESTS
Vice Mayor Gonzalez made a Council Policy 030 request to agendize a review of public participation options such as Public Presentation only for in person public speakers or holding Council meetings at alternative locations outside of the Council Chambers.

Public Comment: None
A motion was made by Vice Mayor Gonzalez, seconded by
Councilmember Cox, to agendize a review of public participation options such as Public Presentations only for in person public speakers or holding Council meetings at alternative locations outside of the Council Chambers.

Aye: Vice Mayor Gonzalez, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor
5 -
Nay: Councilmember Hardy1 -

Absent: Councilmember Chahal1 -
Councilmember Cox
provided a verbal update of the Stevens Creek
Corridor Project.

Councilmember Jain noted that he attended a tour of the Human Trafficking CoWmand Center, a poverty simulation by Leadership Sunnyvale, and CivicWell Policy Bridge in Sacramento.

Councilmember Park asked questions regarding the Subaru Dealership agenda item and emergency rehires. City Manager Grogan and City Attorney Googins addressed Councilmember Park's questions.

Councilmember Hardy noted that she attended a summit by Trango.

Mayor Gillmor provided a verbal report on the United States Conference of Mayors in Washington D.C.

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CITY MANAGER/EXECUTIVE DIRECTOR REPORT
None.

ADJOURNMENT
The meeting adjourned at 11:31 PM.

The next regular scheduled meeting is on Tuesday, February 24, 2026 in the City Hall Council Chambers.

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In addition, judicial challenge may be limited or barred where the interested party has not sought and exhausted all available administrative remedies.

AB23 ANNOUNCEMENT: Members of the Santa Clara Stadium Authority, Sports and Open Space Authority and Housing Authority are entitled to receive $30 for each attended meeting.

Note: The City Council and its associated Authorities meet as separate agencies but in a concurrent manner. Actions taken should be considered actions of only the identified policy body.

LEGEND: City Council (CC); Stadium Authority (SA); Sports and Open Space Authority (SOSA); Housing Authority (HA); Successor Agency to the City of Santa Clara Redevelopment Agency (SARDA); Bayshore North Project Enhancement Authority (BNPEA); Public Facilities Financing Corporation (PFFC)
Public contact was made by posting the Council agenda on the City’s official-notice bulletin board outside City Hall Council Chambers. A complete agenda packet is available on the City’s website and in the City Clerk’s Office at least 72 hours prior to a Regular Meeting and 24 hours prior to a Special Meeting. A hard copy of any agenda report may be requested by contacting the City Clerk’s Office at (408) 615-2220, email [email protected] <mailto:[email protected]> or at the public information desk at any City of Santa Clara public library.

If a member of the public submits a speaker card for any agenda items, their name will appear in the Minutes. If no speaker card is submitted, the Minutes will reflect "Public Speaker."
In accordance with the requirements of Title II of the Americans with Disabilities Act of 1990 ("ADA"), the City of Santa Clara will not discriminate against qualified individuals with disabilities on the basis of disability in its services, programs, or activities, and will ensure that all existing facilities will be made accessible to the maximum extent feasible. The City of Santa Clara will generally, upon request, provide appropriate aids and services leading to effective communication for qualified persons with disabilities including those with speech, hearing, or vision impairments so they can participate equally in the City’s programs, services, and activities. The City of Santa Clara will make all reasonable modifications to policies and programs to ensure that people with disabilities have an equal opportunity to enjoy all of its programs, services, and activities.

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5:30 PM Hybrid Meeting
City Hall Council Chambers/Virtual
1500 Warburton Avenue
Santa Clara, CA 95050
02/24/2026

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NOTE: Please note eComments and Emails received as public comment will not be read aloud during the meeting.

available to the legislative body. Any draft contracts, ordinances and resolutions posted on the Internet site or distributed in advance of the Council meeting may not be the final documents approved by the City Council. For the final document, you may contact the Office of the City Clerk at (408) 615-2220 or

[email protected].
02/24/2026Meeting Minutes
Study Session - 5:30 PM | Regular Meeting - 7:00 PM
5:30 PM STUDY SESSION
Call to Order in the Council Chambers
Mayor/Chair Gillmor called the Study Session to order at 5:34 PM.

Confirmation of Quorum
Assistant City Clerk/Secretary Pimentel confirmed a quorum.

1. 26-17490 Discussion of the Proposed Santa Clara Stadium Authority Fiscal Year 2026/27 Operating, Debt Service and Capital Budget and Stadium Authority Budget, Compliance and Management Policies, and Marketing Plan
Recommendation:

Review and provide input on the Proposed Santa Clara Stadium Authority Fiscal Year 2026/27 Operating, Debt Service, and Capital Budget, Proposed Stadium Authority Budget, Compliance and Management Policies, and 2026 Levi’s Stadium Events Marketing Plan.

Executive Director Grogan made some opening remarks and introduced Treasurer Lee who provided a Powerpoint presentation on the proposed Santa Clara Stadium Authority Fiscal Year 2026-27 Operating, Debt Service and Capital Budget and Stadium Authority Budget, Compliance and Management Policies, and Marketing Plan.

Boardmember questions and comments followed.

Public Comment: None
Chair Gillmor called for a recess at 6:56 PM and reconvened the meeting at 7:14 PM.
7:00 PM JOINT CITY COUNCIL/STADIUM AUTHORITY BOARD MEETING Call to Order in the Council Chambers
Mayor/Chair Gillmor called the regular meeting to order at 7:14 PM.

Pledge of Allegiance and Statement of Values
Council/Board recited the Pledge of Allegiance.

Council/Boardmember Cox recited the Statement of Values.

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Roll Call
Assistant City Clerk/Secretary Pimentel noted that
Council/Boardmember Hardy
is absent and Council/Boardmember
Chahal would be participating remotely under the "Just Cause" Provision of SB 707.

Assistant City Clerk/Secretary Pimentel recited the AB23 announcement and Statement of Behavioral Standards.

Assistant City Clerk/Secretary Pimentel also noted that any registered Lobbyist speaking during the Public Meeting will need to identify themselves and whom they represent.

Vice Mayor/Chair Albert Gonzalez, Council/Boardmember Raj Chahal, Council/Boardmember Kevin Park, Council/Boardmember Suds Jain,

Present: 6 -
Council/Boardmember Kelly Cox, and Mayor/Chair Lisa M. Gillmor

Absent: 1 - Council /Boardmember Karen Hardy
A motion was made by Council/Boardmember Gonzalez, seconded by Council/Boardmember Jain, to excuse Council/Boardmember Hardy from this meeting.

Aye:

Vice Mayor/Chair Gonzalez, Council/Boardmember Chahal, Council/ Boardmember Park, Council/Boardmember Jain, Council/Boardmember Cox, and Mayor/Chair Gillmor
6 -

Absent: Councilmember Hardy1 -

CONTINUANCES/EXCEPTIONS/RECONSIDERATIONS
None.

CONSENT CALENDAR
Council/Boardmember Jain pulled Item 3.

City Manager Grogan pulled Item 2.I.

Voter pulled item 2.A.

A motion was made by Council/Boardmember Gonzalez, seconded by Council/Boardmember Jain, to approve the Consent Calendar (except Items 2.A, 2.I, and 3).

Aye:

Vice Mayor/Chair Gonzalez, Council/Boardmember Chahal, Council/ Boardmember Park, Council/Boardmember Jain, Council/Boardmember Cox, and Mayor/Chair Gillmor
6 -

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Absent: 1 - Council /Boardmember Hardy

2.B 26-4 Board, Commissions and Committee Minutes
Recommendation: Note and file the Minutes of:

Planning Commission - January 14, 2026
Americans with Disabilities Act Committee - February 15, 2024 Board of Library Trustees - November 3, 2025
Board of Library Trustees - December 1, 2025
Board of Library Trustees - January 8, 2026
A motion was made by Councilmember Gonzalez, seconded by Councilmember Jain, to Note and file the Minutes of: Planning Commission - January 14, 2026, Americans with Disabilities Act Committee - February 15, 2024, Board of Library Trustees - November 3, 2025, Board of Library Trustees - December 1, 2025, and Board of Library Trustees - January 8, 2026.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -

2.C 26-59
Action on City Bills and Claims Report for the period December 6, 2025 - January 9, 2026
Recommendation:

Approve the list of Bills and Claims for December 6, 2025 - January 9, 2026.

A motion was made by Councilmember Gonzalez, seconded by Councilmember Jain, to approve the list of Bills and Claims for December 6, 2025 - January 9, 2026.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -

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2.D 26-140 Action on the Award of Purchase Orders to Celeros Flow Technology, Doing Business as Flow America, LLC, for Pressure Reducing Desuperheating Valves for the Donald Von Raesfeld Power Plant, in an Amount Not-to-Exceed $354,208
Recommendation:

1. Determine that the proposed actions are exempt from CEQA pursuant to Section 15302 (Class 2 -Replacement or Reconstruction) of Title 14 of the California Code of Regulations;

2. Authorize the City Manager or designee to issue Purchase Orders to Celeros Flow Technology, doing business as Flow America, LLC, in substantially the form attached to this Report to Council, for a maximum compensation of $354,208, for the purchase of two replacement Pressure Reducing Desuperheating valves for the Donald Von Raesfeld Power Plant, subject to the appropriation of funds and review and approval as to form by the City Attorney; and

3. Authorize the City Manager or designee to take any actions as necessary to implement and administer the Purchase Orders, and to negotiate and execute amendments to the attached Purchase Order to make de minimis changes, subject to the above maximum
compensation limit and review and approval as to form by the City Attorney.

A motion was made by Councilmember Gonzalez, seconded by Councilmember Jain, to (1) determine that the proposed actions are exempt from CEQA pursuant to Section 15302 (Class 2
-
Replacement or Reconstruction) of Title 14 of the California Code of Regulations; (2) authorize the City Manager or designee to issue Purchase Orders to Celeros Flow Technology, doing business as Flow America, LLC, in substantially the form attached to this Report to Council, for a maximum compensation of $354,208, for the purchase of two replacement Pressure Reducing Desuperheating valves for the Donald Von Raesfeld Power Plant, subject to the appropriation of funds and review and approval as to form by the City Attorney; and (3) authorize the City Manager or designee to take any actions as necessary to implement and administer the Purchase Orders, and to negotiate and execute amendments to the attached Purchase Order to make de minimis changes, subject to the above maximum compensation limit and review and approval as to form by the City Attorney.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -

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2.E 26-104 Action to Amend Prior Authorization to Allow Issuance of Purchase Orders to Cooper Power Systems, a Wholly Owned Subsidiary of Eaton Corporation, for the Purchase of Switchgear Within the Previously Authorized Maximum Amount of $1,500,000
Recommendation:

Amend the prior authorization under RTC #23-101 to authorize the City Manager to (a) issue purchase orders with Eaton Corporation and/or Cooper Power Systems, and (b) execute the Terms and Conditions attached to this Report to Council for purchases of switchgear within the previously authorized maximum compensation amount of $1,500,000, subject to the appropriation of funds and the review and approval as to form by the City Attorney.

A motion was made by Councilmember Gonzalez, seconded by Councilmember Jain, to amend the prior authorization under Report to Council #23-101 to authorize the City Manager to (1) issue purchase orders with Eaton Corporation and/or Cooper Power Systems; and (2) execute the Terms and Conditions for purchases of switchgear within the previously authorized maximum
compensation amount of $1,500,000, subject to the appropriation of funds and the review and approval as to form by the City Attorney.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -

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2.F 26-122 Action to Authorize the City Manager to Execute an Agreement with the City of San José Regarding Fiber Optic Cable and Conduit Where the City of San José Will Provide Construction Services Not-to-Exceed $379,000 and Authorization to Enter Into a Dark Fiber Lease Agreement With the Santa Clara Unified School District
Recommendation:

1. Determine that the proposed actions are exempt from CEQA pursuant to section 15302 section 15303 (Class 3 - New Construction) of Title 14 of the California Code of Regulations;

2. Authorize the City Manager or designee to execute the Agreement between the City of Santa Clara and the City of San José Regarding Fiber Optic Cable and Conduit to allow the City of Santa Clara to install and use fiber optic cables in the City of San José’s existing conduits, for a not-to-exceed amount of $379,000, subject to the review and approval as to form by the City Attorney;

3. Authorize the City Manager or designee to negotiate and execute a Dark Fiber Lease Agreement between the City of Santa Clara and the Santa Clara Unified School District (SCUSD) to lease dark fiber in the boundaries of the City of San José in substantially the form attached to this Report to Council, subject to the review and approval as to form by the City Attorney; and

4. Authorize the City Manager or designee to (1) take any action as necessary to implement and administer the above agreements, (2) amend the Dark Fiber Lease Agreement to include additional SCUSD schools, and (3) amend both agreements to make non-substantive modifications, subject to the review and approval as to form by the City Attorney.

A motion was made by Councilmember Gonzalez, seconded by Councilmember Jain, to (1) determine that the proposed actions are exempt from CEQA pursuant to section 15302 section 15303 (Class 3 - New Construction) of Title 14 of the California Code of Regulations; (2) authorize the City Manager or designee to execute the Agreement between the City of Santa Clara and the City of San José Regarding Fiber Optic Cable and Conduit to allow the City of Santa Clara to install and use fiber optic cables in the City of San José’s existing conduits, for a not-to-exceed amount of $379,000, subject to the review and approval as to form by the City Attorney; (3) authorize the City Manager or designee to negotiate and execute a Dark Fiber Lease Agreement between the City of Santa Clara and the Santa Clara Unified School District (SCUSD) to lease dark fiber in the boundaries of the City of San José in substantially the form attached to this Report to Council, subject to the review and approval as to form by the City Attorney; and (4) authorize the City Manager or designee to (a) take any action as necessary to

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implement and administer the above agreements; (b) amend the Dark Fiber Lease Agreement to include additional SCUSD schools; and (c) amend both agreements to make non-substantive
modifications, subject to the review and approval as to form by the City Attorney.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -

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2.G 26-133 Action to Authorize the Use of City Electric Forces for Public Works at 385 Saratoga Avenue, 601 El Camino Real, 2390 Mission College Boulevard, 2228 Calle De Primavera, 2010 Wyatt Drive, 5450 Great America Parkway, 3901 Lick Mill Boulevard, 4500 Great America Parkway, Nelson Court, 1450 Agnew Road, 4751 Lick Mill Boulevard, 4299 Macedo Place, 2817 Mission College Boulevard, 537 Chapman Court, 3025 Raymond Drive, 3159 Mission College Boulevard, and 1957 Pruneridge Avenue, With an Estimated Cost of $564,666
Recommendation:

1. Determine that the proposed action is exempt from CEQA pursuant to Section 15302 (Class 2 - Replacement or Reconstruction) and Section 15303 (Class 3 - New Construction) of Title 14 of the California Code of Regulations; and

2. Declare and determine in accordance with Section 1310 of the City Charter that the public works located at 385 Saratoga Avenue, 601 El Camino Real, 2390 Mission College Boulevard, 2228 Calle De Primavera, 2010 Wyatt Drive, 5450 Great America Parkway, 3901 Lick Mill Boulevard, 4500 Great America Parkway, Nelson Court, 1450 Agnew Road, 4751 Lick Mill Boulevard, 4299 Macedo Place, 2817 Mission College Boulevard, 537 Chapman Court, 3025 Raymond Drive, 3159 Mission College Boulevard, and 1957 Pruneridge Avenue, with an estimated cost of $564,666, are better performed by the City with its own employees based on the information set forth in this Report to Council and authorize the performance of these public works consistent with this authorization.

A motion was made by Councilmember Gonzalez, seconded by Councilmember Jain, to (1) determine that the proposed action is exempt from CEQA pursuant to Section 15302 (Class 2 -
Replacement or Reconstruction) and Section 15303 (Class 3 - New Construction) of Title 14 of the California Code of Regulations; and (2) declare and determine in accordance with Section 1310 of the City Charter that the public works located at 385 Saratoga Avenue, 601 El Camino Real, 2390 Mission College Boulevard, 2228 Calle De Primavera, 2010 Wyatt Drive, 5450 Great America Parkway, 3901 Lick Mill Boulevard, 4500 Great America Parkway, Nelson Court, 1450 Agnew Road, 4751 Lick Mill Boulevard, 4299 Macedo Place, 2817 Mission College Boulevard, 537 Chapman Court, 3025 Raymond Drive, 3159 Mission College Boulevard, and 1957 Pruneridge Avenue, with an estimated cost of $564,666, are better performed by the City with its own employees based on the information set forth in this Report to Council and authorize the performance of these public works consistent with this
authorization.

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Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -

2.H 26-87 Update on Sale Results of the First Series of Measure I General Obligation Bonds
Recommendation:

Note and file Sale Results of the First Series of Measure I General Obligation Bonds.

A motion was made by Councilmember Gonzalez, seconded by Councilmember Jain, to note and file Sale Results of the First Series of Measure I General Obligation Bonds.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -

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2.J 26-54 Action on Reappointment of Board and Commission Members, Declaring Commissioner Vacancies, and Setting Dates for Recruitment and Interviews
Recommendation:

1. Reappoint the five (5) eligible members to serve a four-year term each ending June 30, 2030, as follows: (a) Maureen Reilly Chu to the Parks and Recreation Commission; (b) Nancy Biagini and Mario Bouza to the Planning Commission; (c) Rebecca J. Selden and Kris Kapadia to the Senior Advisory Commission;

2. Declare eight (8) vacancies to fill the following full terms: (a) Seven (7) full terms ending June 30, 2030, one on the Board of Library Trustees, one on the Civil Service Commission, one on the Cultural Commission, two on the Historical and Landmarks Commission, one on the Parks and Recreation Commission, and one on the Senior Advisory Commission; and
(b) One (1) partial term ending June 30, 2028, on the
Senior Advisory Commission;

3. Set the recruitment to open on Friday, March 6, 2026;

4. Set Friday, April 24, 2026, by 5:00 p.m. as the application deadline; and

5. Set Tuesday, May 26, 2026, tentatively, to conduct interviews.

A motion was made by Councilmember Gonzalez, seconded by Councilmember Jain, to (1) reappoint the five eligible members to serve a four-year term each ending June 30, 2030, as follows: (a) Maureen Reilly Chu to the Parks and Recreation Commission; (b) Nancy Biagini and Mario Bouza to the Planning Commission; (c) Rebecca J. Selden and Kris Kapadia to the Senior Advisory Commission; (2) declare eight vacancies to fill the following full terms: (a) Seven full terms ending June 30, 2030, one on the Board of Library Trustees, one on the Civil Service Commission, one on the Cultural Commission, two on the Historical and Landmarks Commission, one on the Parks and Recreation Commission, and one on the Senior Advisory Commission; and (b) One partial term ending June 30, 2028, on the Senior Advisory Commission; (3) set the recruitment to open on Friday, March 6, 2026; (4) set Friday, April 24, 2026, by 5:00 p.m. as the application deadline; and (5) set Tuesday, May 26, 2026, tentatively, to conduct interviews.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -

SANTA CLARA STADIUM AUTHORITY BOARD CONSENT CALENDAR

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PUBLIC PRESENTATIONS
Marisa Carlini spoke regarding an inaccessible curb on Warburton Avenue and Los Padres Boulevard.

Jay Ess spoke regarding the City's Automated License Plate Recognition system.

Howard Gibbins spoke regarding the Superbowl.

Kirk Vartan (Time donated from Deborah W) spoke regarding Agrihood.

Linda thanked City staff for assisting her with class registration.

James Rowen spoke regarding Public Records Act requests.

Voter spoke regarding Agrihood.

Lori Garmany spoke regarding Agrihood.

Edward spoke regarding immigration and the Levi Stadium substation.

Anthony Becker made a Council Policy 030 request to investigate the disclosure of confidential information from Closed Session.

CONSENT ITEMS PULLED FOR DISCUSSION

2.I 26-53 Action to Approve Additional Positions and Eliminate One Position in the Community Development Department
Recommendation: Approve the addition of one Business Analyst, one Communications Coordinator position, and one Senior Planner position, and the elimination of one Staff Analyst II position in the Community Development Department.

This item was deferred to a later meeting date uncertain.

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3. 26-209 Action to Approve a Civic Event at Levi’s Stadium and Related Budget Amendment for the use of Stadium Authority Discretionary Fund Monies Recommendation: 1.

Stadium Authority Board action to approve a community Civic Event at Levi’s Stadium to be hosted on February 28, 2026;

2. Stadium Authority Board action to approve a budget amendment in the Stadium Authority Operating Budget from the Discretionary Fund Reserve to fund a civic event at Levi’s Stadium in an amount of $1 million; and

3. Stadium Authority Board and the City Council action to Authorize and direct the Executive Director, on behalf of the Stadium Authority, and the City Manager, on behalf of the City, to take such additional actions as are necessary and appropriate to implement the Civic Event, including negotiating the terms of any required agreements, in final forms approved by Agency Counsel/City Attorney.

Council/Boardmember Jain pulled this item for questions.

Public Comment: none
City Attorney/Stadium Authority Counsel Googins and City Manager/Executive Director Grogan addressed Council/Board questions.

A motion was made by Council/Boardmember Gonzalez, seconded by Mayor/Chair Gillmor, to (1) Stadium Authority Board action to approve a community Civic Event at Levi’s Stadium to be hosted on February 28, 2026; (2) Stadium Authority Board action to approve a budget amendment in the Stadium Authority Operating Budget from the Discretionary Fund Reserve to fund a civic event at Levi’s Stadium in an amount of $1 million; and (3) Stadium Authority Board and the City Council action to Authorize and direct the Executive Director, on behalf of the Stadium Authority, and the City Manager, on behalf of the City, to take such additional actions as are necessary and appropriate to implement the Civic Event, including negotiating the terms of any required agreements, in final forms approved by City Attorney/Stadium Authority Counsel.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Jain, Councilmember Cox, and Mayor Gillmor
5 -
Nay: Councilmember Park1 -

Absent: Councilmember Hardy1 -

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2.A 26-171 Action on the January 27, 2026 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting and February 2, 2026 Special City Council & Santa Clara Stadium Authority Board Meeting Minutes.

Recommendation:

Approve the January 27, 2026 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting and February 2, 2026 Special City Council & Santa Clara Stadium Authority Board Meeting Minutes.

Voter pulled this item for discussion.

Council/Board questions and comments followed.

City Attorney/Stadium Authority Counsel Googins and City Manager/Executive Director Grogan addressed Council/Board questions.

A motion was made by Council/Boardmember Park, seconded by Council/Boardmember Jain, to approve the January 27, 2026 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting Minutes and continue the February 2, 2026 Special City Council & Santa Clara Stadium Authority Board Meeting Minutes to a date uncertain.

The motion failed.

Aye:

Council/Boardmember Chahal, Council/Boardmember Park, and Council/Boardmember Jain
3 -
Nay: 3 - Vice Mayor/Chair Gonzalez, Council/Boardmember Cox, and Mayo/Chair Gillmor

Absent: 1 - Council /Boardmember Hardy
A motion was made by Vice Mayor/Chair Gonzalez, seconded by Council/Boardmember Cox, to approve the January 27, 2026 Joint City Council and Authorities Concurrent & Santa Clara Stadium Authority Board Meeting and February 2, 2026 Special City Council & Santa Clara Stadium Authority Board Meeting Minutes.

The motion failed.

Aye: 3 - Vice Mayor/Chair Gonzalez, Council/Boardmember Cox, and Mayor/Chair Gillmor Nay: Council/Boardmember Chahal, Council/Boardmember Park, and Council/Boardmember Jain
3 -

Absent: 1 - Council/Boardmember Hardy

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PUBLIC HEARING/GENERAL BUSINESS

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5. 26-32 Public Hearing: Reconsideration of the Council “No-Action” on the Appeal (PLN25-00362) of the Planning Commission’s Denial of a Modification to a Conditional Use Permit (PLN24-00392) to Modify Existing Conditions of Approval for the Existing Subaru Dealership Located at 3225 Stevens Creek Boulevard
Recommendation: Affirm the Planning Commission’s decision and adopt a Resolution denying the Modification to the Conditional Use Permit to change existing Conditions of Approval for the existing Subaru Dealership at 3225 Stevens Creek Boulevard that would have allowed trash pick-up on Cecil Avenue,

subject to Findings and Conditions of Approval.

Mayor Gillmor opened the Public Hearing.

Councilmember Park disclosed speaking to the members that attended the last meeting on this item and speaking to Dave Botelho.

Councilmember Cox
disclosed email communication withDave
Botelho.

John Domingue (Applicant) requested a continuance of this item.

Public Comment: Public Speaker
Cliff Moore
Public Speaker
Public Speaker
Public Speaker
Council discussion followed.

Director of Community Development Hamid provided a Powerpoint presentation on the Reconsideration of the Council Action for the Appeal of the Planning Commission's Denial of a Modification to a Conditional Use Permit for Stevens Creek Subaru Dealership at 3225 Stevens Creek Boulevard.

Council questions and comments followed.

Director of Community Development Hamid addressed Council questions.

John Domingue (Applicant) provided a verbal presentation.

Council questions followed.

Jo Joint Council and Authorities Concurrent
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John Domingue (Applicant) addressed Council questions.

Public Comment: JB Louvet
Cliff Moore (Time donated from Dave Botelho)
Yvette Sessions
Linda
Joe
Yvette Sessions (Mission Trail Waste Systems) addressed Council questions.

John Domingue (Applicant) provided a verbal rebuttal.

Director of Community Development Hamid provided some closing remarks.

A motion was made by Councilmember Park, seconded by
Councilmember Gonzalez, to close the Public Hearing.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -
Councilmember Park provided a Powerpoint presentation on a Survey of Businesses on Stevens Creek Boulevard.

Mayor Gillmor re-opened the Public Hearing.

John Domingue (Applicant) provided a verbal presentation.

A motion was made by Councilmember Park, seconded by
Councilmember Gonzalez, to close the Public Hearing.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -

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Council discussion followed.

City Attorney Googins provided some remarks.

A motion was made by Councilmember Park, seconded by
Councilmember Jain, to affirm the Planning Commission’s decision and adopt Resolution No. 26-9538 denying the Modification to the Conditional Use Permit to change existing Conditions of Approval for the existing Subaru Dealership at 3225 Stevens Creek Boulevard that would have allowed trash pick-up on Cecil Avenue, subject to Findings and Conditions of Approval.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -

4. 26-25
Public Hearing: Action on a General Plan Amendment to Update the Historic Resource Inventory in Appendix 8.9 of the General Plan Recommendation:

1. Determine that the project falls within the scope of the 2010-2035 General Plan Environmental Impact Report pursuant to CEQA Guidelines Section 15168(c)(2); and

2. Adopt a resolution to amend the General Plan to update the Historic Resource Inventory list in Appendix 8.9 of the General Plan.

Mayor Gillmor opened the Public Hearing.

City Manager Grogan made some opening remarks and introduced Director of Community Development Hamid who provided a
Powerpoint presentation on the General Plan Amendment to Update the Historic Resource Inventory.

Council questions and comments followed.

Director of Community Development Hamid addressed Council questions.

Public Comment: None
A motion was made by Councilmember Jain, seconded by
Councilmember Gonzalez, to close the Public Hearing.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -

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Council discussion followed.

A motion was made by Councilmember Jain, seconded by
Councilmember Cox, to (1) determine that the project falls within the scope of the 2010-2035 General Plan Environmental Impact Report pursuant to CEQA Guidelines Section 15168(c)(2); and (2) adopt Resolution No. 26-9537 to amend the General Plan to update the Historic Resource Inventory list in Appendix 8.9 of the General Plan.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -

6. 26-79
Public Hearing: Action to Waive First Reading and Introduce the Citywide Objective Design Standards for Multi-Family and Residential Mixed-Use Projects Ordinance Updating the Santa Clara Zoning Code Recommendation:

1. Determine that the project falls within the scope of the January 31, 2023 Addendum to the 2010-2035 General Plan Environmental Impact Report, implementing the City’s Housing Element, pursuant to CEQA; and

2. Waive First Reading and Introduce the Citywide Objective Design Standards ordinance in the form presented adding new Chapter 18.37 Objective Design Standards for City-wide Multi-Family and Residential Mixed-Use Projects to the City Code.

Mayor Gillmor opened the Public Hearing.

Director of Community Development Hamid provided a Powerpoint presentation on the Zoning Code Update to Add Objective Design Standards.

Council questions and comments followed.

Director of Community Development Hamid addressed Council questions.

Public Comment: Harry Neil
A motion was made by Councilmember Jain, seconded by
Councilmember Gonzalez, to close the Public Hearing.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: Councilmember Hardy1 -

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Community Development Director Hamid acknowledged staff who assisted on this project and introduced Assistant Community Development Director Lakshmi
A motion was made by Councilmember Jain, seconded by
Councilmember Gonzalez, to (1) determine that the project falls within the scope of the January 31, 2023 Addendum to the 2010-2035 General Plan Environmental Impact Report, implementing the City’s Housing Element, pursuant to CEQA; and (2) waive First Reading and introduce the Citywide Objective Design Standards Ordinance No. 2085 in the form presented adding new Chapter

18.37 Objective Design Standards for City-wide Multi-Family and Residential Mixed-Use Projects to the City Code.

Aye: Vice Mayor Gonzalez, Councilmember Chahal, Councilmember Park, Councilmember Jain, Councilmember Cox, and Mayor Gillmor 6 -

Absent: 1 - Councilmember Hardy
REPORTS OF MEMBERS, SPECIAL COMMITTEES AND COUNCILMEMBER 030 REQUESTS Councilmember Jain noted that he received a book from Barnes and Noble, Showtime will take place in March, and provided a report on the sale of Loyalton Ranch.

Councilmember Park spoke of the need for an audit of the City's Automatic License Plate Reader system, review of Council Policy 030 and policies on holding and planning public events, and investigation of disclosure of confidential information from Closed Session.

City Manager Grogan and City Attorney Googins addressed Council questions.

CITY MANAGER/EXECUTIVE DIRECTOR REPORT
City Manager Grogan provided a verbal report on upcoming agenda items.

ADJOURNMENT
The meeting was adjourned at 11:45 PM.

The next regular scheduled meeting is on Tuesday, March, 10, 2026, in the City Hall Council Chambers.

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AB23 ANNOUNCEMENT: Members of the Santa Clara Stadium Authority, Sports and Open Space Authority and Housing Authority are entitled to receive $30 for each attended meeting.

Note: The City Council and its associated Authorities meet as separate agencies but in a concurrent manner. Actions taken should be considered actions of only the identified policy body.

LEGEND: City Council (CC); Stadium Authority (SA); Sports and Open Space Authority (SOSA); Housing Authority (HA); Successor Agency to the City of Santa Clara Redevelopment Agency (SARDA); Bayshore North Project Enhancement Authority (BNPEA); Public Facilities Financing Corporation (PFFC)
Public contact was made by posting the Council agenda on the City’s official-notice bulletin board outside City Hall Council Chambers. A complete agenda packet is available on the City’s website and in the City Clerk’s Office at least 72 hours prior to a Regular Meeting and 24 hours prior to a Special Meeting. A hard copy of any agenda report may be requested by contacting the City Clerk’s Office at (408) 615-2220, email [email protected] <mailto:[email protected]> or at the public information desk at any City of Santa Clara public library.

If a member of the public submits a speaker card for any agenda items, their name will appear in the Minutes. If no speaker card is submitted, the Minutes will reflect "Public Speaker."
In accordance with the requirements of Title II of the Americans with Disabilities Act of 1990 ("ADA"), the City of Santa Clara will not discriminate against qualified individuals with disabilities on the basis of disability in its services, programs, or activities, and will ensure that all existing facilities will be made accessible to the maximum extent feasible. The City of Santa Clara will generally, upon request, provide appropriate aids and services leading to effective communication for qualified persons with disabilities including those with speech, hearing, or vision impairments so they can participate equally in the City’s programs, services, and activities. The City of Santa Clara will make all reasonable modifications to policies and programs to ensure that people with disabilities have an equal opportunity to enjoy all of its programs, services, and activities.

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City of Santa Clara
Agenda Report
1500 Warburton Avenue
Santa Clara, CA 95050
santaclaraca.gov
@SantaClaraCity
26-6 Agenda Date: 3/24/2026

REPORT TO COUNCIL

SUBJECT
Board, Commissions and Committee Minutes

RECOMMENDATION
Note and file the Minutes of:

City-School Liaison Committee Meeting - November 12, 2025 Planning Commission - February 11, 2026
Historical and Landmarks Commission - December 4, 2025
Neighborhood University Relations Committee - October 20, 2025 Downtown Community Task Force - October 16, 2025
Bicycle and Pedestrian Advisory Committee - October 27, 2025 City of Santa Clara Printed on 3/20/2026Page 1 of 1
powered by Legistar™

MINUTES
City-School Liaison Committee
Santa Clara City Hall Council Chambers
Wednesday, November 12, 2025

MEMBERS IN ATTENDANCE:

CITY OF SANTA CLARA
Chair Councilmember Raj Chahal
Councilmember Suds Jain
Councilmember Albert Gonzalez

SANTA CLARA UNIFIED SCHOOL DISTRICT
Board Member, Dr. Michele Ryan
Board Member, Jodi Muirhead
Board Member, Andy Ratermann

CITY OF SANTA CLARA STAFF
City Manager, Jōvan D. Grogan
Director of Parks and Recreation, Damon Sparacino
Police Chief, Cory Morgan
Assistant Police Chief, Wahid Kazem
City Librarian, Patty Wong
Assistant City Manager, Paulina Morales
Assistant to the City Manager, Elycia Knight
Community Development Planning Manager, Lesley Xavier
Management Analyst, Aimée Escobar

SANTA CLARA UNIFIED SCHOOL DISTRICT STAFF
Director, School Bond Projects, Larry Adams
Deputy Superintendent/CBO, Mark Schiel
Director, Facility Development & Planning, Michal Healy Director/PIO, Jennifer Dericco

CALL TO ORDER
The meeting was called to order by Chair Raj Chahal at 11:53AM.

PUBLIC PRESENTATIONS
Tim Towers spoke on the Winter Reads program. Stated that he is looking forward to it and it is good idea to share amongst the schools within the city.

GENERAL BUSINESS
Item 1: Approval of Minutes: September 3, 2025, Minutes Member Ryan made a motion, seconded b Member Gonzales to approve the Minutes.

The motion passed unanimously with one adjustment to the minutes.

Under Item 4: Santa Clara Unified School District Updates (b) Construction: Larry Adams, School Bond Projects Director:
“Briarwood: replacing 2 classrooms and portables with a focus on early childhood education. Construction to begin shortly. on Townsend is an issue affecting pick up and drop off that is being worked out with Public Works.”

Item 2: City of Santa Clara: Update from City Manager Jōvan D. Grogan • 15mph Speed Zones: Implementation of the zones has begun at various locations. • WAYMO Update: WAYMO began operating in Santa Clara as of November 12, 2025. He mentioned that their operations within the City do not require City approval as they are approved by the State and Public Utilities.

Member Muirhead inquired if there are any operating restrictions around schools. City Manager Grogan replied that he will consult with Public Works on this question for future reporting. Additional information regarding WAYMO operations was provided to include mentioning their expansion in providing service from San Francisco ~ . \ City of
· ,:, , , .. ;;. Santa Clara
• •• • "-""0 " ~ - • The Center of What 's Possible
~ " ~ Santa Clara Unified School District
International Airport to San Jose International Airport to include all cities within the Peninsula (in between the airports).
• Shared Mobility Program: As of October 2025, the last operator has withdrawn from the city. There are currently no scooter or bike operators remaining. Spin, the e-scooter operator also ceased operations in both Santa Clara and San José. Santa Clara has not received any new operator applications to-date, however, staff will be contacting potential operators to gauge their interest in operating in Santa Clara. City staff is also exploring alternative options including the bike-share program operated by the Metropolitan Transportation Commission (MTC) Bay Wheels.

Item 3: Santa Clara Unified School District (SCUSD): Update from Superintendent Dr. Damon Wright Deputy Superintendent Schiel and Director/PIO Dericco provided the SCUSD update in Dr. Wright’s absence. • SCUSD Budget Update: $30 million dollar deficit as of June 2025. Re-visiting budget to address deficit spending and working with the School Board to analyze operations and budget to right size all operations. Looking at staff levels to make sure they are appropriately staffed. Any staff reductions must be noticed by March 15, 2026 and contract reductions will occur as needed.
• Fiscal responsibility:
o Fiscal Reserve: Minimum fiscal reserve of 3% required by the state, however, it is not enough to cover one month’s payroll. District must strive for a higher reserve and staffing numbers to meet the needs of the District.
o Triple A Credit Rating: Making efforts to maintain the district’s credit rating when addressing the budget and reductions.

Member Jain asked if buildings are being re-assessed for their property value. It was stated that the majority of funding comes from commercial and industrial building assessments, however, residential is now increasing and superseding commercial and industrial revenue contributions to the tune of $3.9 million.

Housing is turning over which spurs re-assessment of property values that are coming in at a higher value thereby increasing the revenue contribution to the district. o Budget Update: Next budget update to the school board is in December 2025.

Member Gonzales inquired as to what percentage is the deficit of the budget? SCUSD responded that $450 million in expenses, projected budget is $400 million with the $30 million deficit. Small percentage of the budget. The overall goal is to maintain adequate reserves, so the district won’t have to reduce programs offered to students. This is also the third time right-sizing in about 15 years. Most districts right-size every 3-4 years.

Chair Chahal would like for the proper assessment of AI/Data Centers to make sure their financial contribution is accurate. City Manager Grogan replied that the City is working with data centers to make sure they are correctly applying the city tax rate. He also stated that only sales taxes are received by Santa Clara on those orders that are delivered to an individual/company located in Santa Clara. • Update on 100 Day Plan: New superintendents generally come in with a 100-day plan to learn about the city, schools within the district. Dr. Wright held community meetings, coffee meetings, office meetings, community forums, focus groups, one on one meetings with staff & students. He inquired about challenges and strengths.

A report to the Board of Trustees will be forthcoming after the 100 days has ended that will detail what he has learned.

Item 4: Santa Clara Unified School District Updates:
a. New Valley High School Relocation
Mark Schiel, Deputy Superintendent/CBO
SC Parks & Recreation Director Sparacino stated that the City has received several inquiries from the community about this project and related tree removal. Deputy Superintendent Schiel stated that for every tree removed, 3 will be planted. The types of trees being planted will take into consideration water needs and root issues to mitigate future issues.

Director Sparacino inquired as to at what point will the district look at adult education programming. Deputy Superintendent Schiel stated that the analysis will occur beginning with the 2027 school year in anticipation of the 2029 inaugural school year. They will also look at current offerings and enrollment level.

Member Gonzales asked that they keep City departments informed of changes as soon as possible.

Member Jain asked if there is a state grant to raise the solar panels to allow for parking under the panels.

Director, Facility Development & Planning Healy stated that they were no aware of any grants but would set up a meeting with SV Power to see what options are available in addition to adding additional solar panels and demolishing those that are no longer useable.

Member Muirhead mentioned there is a change.org petition for this project that want additional changes.

Please re-direct these inquiries about the petition to the district.

b. Construction Update
Larry Adams, Director - School Bond Projects
o Bracker & Westwood: Building permits have been issued and construction should be completed by the start of 2026-2027 school year.
o Santa Clara High School: Pool renovations begin in November 2025 and ought to be completed in 2026.
o Wilcox High School: Renovations also began in November 2025. o Laurelwood School: Should be opening in August 2026 in Sunnyvale (moved from Santa Clara).

Member Gonzales inquired about the BRAVE program and if it will cease due to the school’s change of city from Santa Clara to Sunnyvale. SC Chief Morgan stated he would investigate this issue but that it may be dependent upon bandwidth issues and that he would report back on this item at a future date.

c. Facilities & Capital Development Update
Michal Healy, Director - Facility Development & Planning

1. Strategic Energy Management (SEM) Project with SVP is successful and mentioned that many operate in conjunction with the Santa Clara Library. He also stated that one of the goals of the project is to get students and residents to use less electricity. City Librarian Wong mentioned that they are hoping to extend the program beyond SVP funding.

2. Townsend Field Improvement Project is a Super Bowl Partnership Opportunity to upgrade the Buchser/Townsend Field.

Item 5: City of Santa Clara Updates:
a. Community Development Department Update
Lesley Xavier, Community Development Planning Manager
o University Station (El Camino Real near the train station) 395 units o Homestead & Lawrence: 150 units (condo & town homes w/retail) o Worthington Circle (Agrihood) reduce from 165 multifamily to 44 townhomes. (not in SCUSD district) o All projects are currently in the entitlement process and are 2-5 years out o Westlake: 328 units
o The Alameda: 34 units
o Moonlite: Apartments & town homes. Apartments are all affordable housing. o 1957 Pruneridge: 22 single family homes

Member Raterman inquired about ADU projections. Community Development Planning Manager Xavier stated that there were 70 units last year and an anticipated 50 units this year.

b. Winter Reads
Patty Wong, City Librarian
o Dolly Parton Imagination: 0-5 years may receive a free book delivered to their home, every year until they turn 5 years old. Books are in English and Spanish. o Winter Reads: English/Spanish/Mandarin learning curriculum over winter break. If they complete the curriculum they may receive a free book from the library.

c. Community Engagement Efforts for 2026
Paulina Morales, Assistant City Manager & Elycia Knight, Assistant to the City Manager City Manager Grogan stated that Super Bowl is 14 weeks away with community efforts under way to engage residents.

Assistant City Manager Morales presented a slide deck on Super Bowl and major events for 2026.

Member Ryan stated that she would like to participate in the Telemundo event referenced in the presentation.

Item 6: Discussion of the potential addition of a crosswalk and/or traffic light on the corner of Cabrillo & Scott (near Scott Lane Elementary School)
Board Member Andy Ratermann
Member Raterman stated that individuals are attempting to stop traffic for students to cross at the unmarked crossing points. He would like to have cross walks painted and any additional safety measures added to improve the safety of students. City Manager Grogan advised that he would reach out to Public Works to review the Cabrillo and Scott intersection for the addition of safety measures.

Item 7: 2026 Meeting Schedule
Motion to approve the 2026 meeting schedule was made by Member Ryan with a second from Member Gonzales. Meeting schedule was unanimously approved with Member Jain absent. • Wednesday, March 4, 2026 (11:45am – 1:15pm) SCUSD • Wednesday, May 6, 2026 (11:45am – 1:15pm) City • Wednesday, September 2, 2026 (11:45am – 1:15pm) SCUSD • Wednesday, November 4, 2026 (11:45am – 1:15pm) City

ADJOURNMENT
Meeting was adjourned by Chair Chahal at 12:53pm.

City of Santa Clara
Meeting Minutes
Planning Commission
Draft
6:00 PM Hybrid Meeting
City Hall Council
Chambers/Virtual
1500 Warburton Avenue
Santa Clara, CA 95050
02/11/2026
The City of Santa Clara is conducting the Planning Commission Hearing meeting in a hybrid manner (in-person and method for the public to participate remotely) Via Zoom:
- https://santaclaraca.zoom.us/j/91729202898
- Webinar ID: 917 2920 2898 or
Phone: 1(669) 900-6833
How to Submit Written Public Comment Before Planning Commission Meeting:

1. By email to [email protected] by 12 p.m. the day of the meeting.

Those emails will be forwarded to the Planning Commission and will be uploaded to the Planning Commission Agenda as supplemental meeting material. Emails received after the 12 p.m. cutoff time up through the end of the meeting will form part of the meeting record.

Please identify the Agenda Item Number in the subject line of your email.

2. Use the eComment tab located on the City Council Agenda page https://santaclara.legistar.com/Calendar.aspx). eComments are directly sent to the iLegislate application used by staff, and become part of the public record. eComment closes 15 minutes before the start of a meeting. NOTE: eComments and Emails received as public comment will not be read aloud during the meeting.

Agendas, Staff Reports and some associated documents for Planning Commission items may be viewed on the Internet at https://santaclara.legistar.com/Calendar.aspx All public records relating to an open session item on this agenda, which are not exempt from disclosure pursuant to the California Public Records Act, that are distributed to a majority of the legislative body will be available for public inspection at the Office of the City Clerk at Santa Clara City Hall, 1500 Warburton Avenue, Santa Clara, CA 95050 at the same time that the public records are distributed or made available to the legislative body. Any draft contracts, ordinances and resolutions posted on the Internet site or distributed in advance of the Planning Commission meeting may not be the final documents approved by the Planning Commission. For the final document, you may contact the Office of the City Clerk at (408) 615-2220 or [email protected].
6:00 PM REGULAR MEETING

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Call to Order
Chair Crutchlow called the meeting order at 6:04 p.m.

Pledge of Allegiance and Statement of Values
Secretary Cherukuru read the Statement of Values.

Roll Call
Commissioner Yashraj Bhatnagar, Commissioner Nancy A. Biagini, Commissioner Priya Cherukuru, Commissioner Qian Huang, Vice Chair Mario Bouza, Commissioner Lance Saleme, and Chair Eric Crutchlow
Present 7 -

DECLARATION OF COMMISSION PROCEDURES
Secretary Cherukuru read the Declaration of Procedures.

CONTINUANCES/EXCEPTIONS
None.

CONSENT CALENDAR
Chair Crutchlow announced translation services would be used for the Appellant for Public Hearing Item 2.

1. 26-114 Planning Commission Meeting Minutes of January 14, 2026 Recommendation: Approve the Planning Commission Meeting Minutes of the January 14, 2026 Meeting.

A motion was made by Commissioner Cherukuru, seconded by Commissioner Bouza to approve this item.

Commissioners Bhatnagar and Biagini were not in attendance at the January 14, 2026 meeting and abstained from voting.

Aye: Commissioner Cherukuru, Commissioner Huang, Vice Chair Bouza, Commissioner Saleme, and Chair Crutchlow
5 -
Abstained: Commissioner Bhatnagar, and Commissioner Biagini2 -

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PUBLIC PRESENTATIONS
None.

Meeting went into recess at 6:10 p.m. and reconvened at 6:21 p.m.

PUBLIC HEARING

2. 26-35 Action on an Appeal (PLN25-00562) of the Community Development Director’s Denial of a Zoning Clearance (PZC25-00381) for a Smoke Shop Located at 770 Kiely Boulevard.

Recommendation:

Overrule the appeal and affirm the Community Development Director’s decision to deny the Zoning Clearance for a smoke shop to operate at 770 Kiely Boulevard.

Chair Crutchlow and Commissioner Bouza both disclosed they had visited the site of the Smoke Shop but had not had conversations with the Appellant.

Associate Planner Tracy Tam provided the staff presentation and announced a correction to the staff report that smoke shops are not allowed in the R6 Zoning District.

Appellant Xiangqiong Wu provided details on the Appeal.

Commissioners inquired upon several items including ordinances related to smoke shops and proximity to schools, details of the appeal letter sent to the Appellant; if there was a business license for the site; and the zoning clearance process.

The meeting went into recess at 7:37 p.m. and reconvened at 7:42 p.m.

Assistant City Attorney Jennifer Beyers provided clarification on the business permit and the role of the City to review and provide permits.

Public Comments
Public Speaker.

A motion was made by Commissioner Biagini, seconded by
Commissioner Huang to close public hearing.

Aye: Commissioner Bhatnagar, Commissioner Biagini, Commissioner Cherukuru, Commissioner Huang, Vice Chair Bouza, Commissioner Saleme, and Chair Crutchlow
7 -

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A motion was made by Commissioner Biagini, seconded by
Commissioner Bouza to approve staff recommendation.

Aye: Commissioner Bhatnagar, Commissioner Biagini, Commissioner Cherukuru, Commissioner Huang, Vice Chair Bouza, Commissioner Saleme, and Chair Crutchlow
7 -

3. 26-52
Public Hearing: Action on Appeal (PLN25-00561) of Development Review Officer’s Approval at 2892 Mesquite Drive for an Architectural Review (PLN25-00295) for a 621 Square Foot First Floor Addition and a 397 Square Foot Second Floor Addition to an Existing Two-Story 2,081 Square Foot Single-Family Residence with a 500 Square Foot Attached Garage on a 7,351 Square Foot Lot. CEQA Status: Exempt from CEQA per Section 15332.

Recommendation:

The project is consistent with the General Plan, Zoning Code and Design Guidelines and therefore staff recommends the Planning Commission deny the appeal application and:

1. Determine the project to be exempt from the California Environmental Quality Act (CEQA) formal pursuant to CEQA Guidelines Section 15301 (Class 1 - Existing Facilities); and

2. Affirm the decision of the Development Review Officer to approve the Architectural Review for the construction of a 621 square foot first floor addition and a 397 square foot second floor addition to an existing two-story 2,081 square foot single-family residence with a 500 square foot attached garage on a 7,351 square foot lot at 2892 Mesquite Drive, subject to findings and conditions of approval.

The meeting went into recess at 8:26 p.m. and reconvened at 8:34 p.m.

Assistant Planner Alex Tellez provided the staff presentation.

Appellant Sorin Spanoche provided a presentation.

Applicant/Homeowner Ling (“Annie”) Zhou provided comments.

Applicant's Architect Michael Hyde provided details on the proposed project.

A motion was made by Commissioner Cherukuru, seconded by Commissioner Biagini to close public hearing.

Aye: Commissioner Bhatnagar, Commissioner Biagini, Commissioner Cherukuru, Commissioner Huang, Vice Chair Bouza, Commissioner Saleme, and Chair Crutchlow
7 -

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A motion was made by Commissioner Biagini, seconded by
Commissioner Huang to approve staff recommendation 1.

Aye: Commissioner Bhatnagar, Commissioner Biagini, Commissioner Cherukuru, Commissioner Huang, Vice Chair Bouza, Commissioner Saleme, and Chair Crutchlow
7 -
A motion was made by Commissioner Biagini, seconded by
Commissioner Huang to Adopt a Resolution to affirm the decision of the Development Review Officer.

Aye: Commissioner Bhatnagar, Commissioner Biagini, Commissioner Huang, and Commissioner Saleme
4 -
Nay: Commissioner Cherukuru, Vice Chair Bouza, and Chair Crutchlow3 - REPORTS OF COMMISSION/BOARD LIAISON AND COMMITTEE:

1. Announcements/Other Items
None.

2. Commissioner Travel and Training Reports, Requests to attend Trainings Staff Aide II Elizabeth Elliott provided updates.

DIRECTOR OF COMMUNITY DEVELOPMENT REPORTS:

1. Planning Commission Budget Update
Staff Aide II Elizabeth Elliott provided budget updates.

2. Upcoming Agenda Items
Planning Manager Lesley Xavier provided updates.

3. City Council Actions
Planning Manager Lesley Xavier provided updates.

ADJOURNMENT:

The meeting adjourned at 9:48 p.m. The next regular schedule meeting is on March 11, 2026 at 6 p.m.

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02/11/2026Planning Commission Meeting Minutes

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City of Santa Clara
Meeting Minutes
Historical & Landmarks Commission
Draft
6:00 PM Hybrid Meeting
City Hall Council
Chambers/Virtual
1500 Warburton Avenue
Santa Clara, CA 95050
12/04/2025
The City of Santa Clara is conducting the Historical and Landmarks Commission Hearing meeting in a hybrid manner (in-person and method for the public to participate remotely) o Via Zoom:
o https://santaclaraca.zoom.us/j/97233262035 or
o Phone: 1 (669) 900-6833
Meeting ID: 972 3326 2035
How to Submit Written Public Comment Before Historical and Landmarks Commission Meeting:

By email to [email protected] by 12 p.m. the day of the meeting.

Those emails will be forwarded to Staff and will be uploaded to the Historical and Landmarks Commission Agenda as supplemental meeting material. Emails received after 12:00 P.M. cutoff time up through the end of the meeting will form part of the meeting record. Please identify the Agenda Item Number in the subject line of your email.

Note: Emails received as public comment will not be read aloud during the meeting.

Agendas, Staff Reports and some associated documents for Historical and Landmarks Commission items may be viewed on the Internet at
https://santaclara.legistar.com/Calendar.aspx
All public records relating to an open session item on this agenda, which are not exempt from disclosure pursuant to the California Public Records Act, that are distributed to a majority of the legislative body will be available for public inspection at the Office of the City Clerk at Santa Clara City Hall, 1500 Warburton Avenue, Santa Clara, CA 95050 at the same time that the public records are distributed or made available to the legislative body.

CALL TO ORDER AND ROLL CALL
Chair Leung called the meeting to order at 6:06 p.m.

Commissioner Michael Celso , Commissioner Yvonne Inciarte, Chair Patricia Leung, Vice Chair Ed Stocks, Commissioner Ana
Vargas-Smith , and Commissioner Kaushal Varshney
Present 6 -

Page 1 ends

12/04/2025Historical & Landmarks Commission Meeting Minutes Commissioner Kathleen RomanoAbsent 1 -
A motion was made by Vice Chair Stocks, seconded by
Commissioner Vargas-Smith, to excuse Commissioner Romano.

Aye: Commissioner Celso, Commissioner Inciarte, Chair Leung, Vice Chair Stocks, Commissioner Vargas-Smith, and Commissioner Varshney
6 -

Absent: Commissioner Romano1 -

CONSENT CALENDAR

1. 25-1665 Historical and Landmarks Commission Meeting Minutes of November 6, 2025
Recommendation:

Approve the Historical and Landmarks Commission Meeting Minutes of the November 6, 2025 Meeting.

A motion was made by Commissioner Celso, seconded by
Commissioner Varshney, to approve the consent calendar.

Aye: Commissioner Celso, Commissioner Inciarte, Chair Leung, Vice Chair Stocks, Commissioner Vargas-Smith, and Commissioner Varshney
6 -
Excused: Commissioner Romano1 -

PUBLIC PRESENTATIONS
None.

GENERAL BUSINESS

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12/04/2025Historical & Landmarks Commission Meeting Minutes

2. 25-1636 Public Hearing: Recommendation on the Significant Property Alteration / Architectural Review (PLN25-00443) for the like-for-like replacement of windows for a property on the Historic Resource Inventory Located at 1310 Homestead Road. CEQA Status: Exempt from CEQA per Section 15331 of the CEQA Guidelines (Class 31 - Historical Resource Restoration / Rehabilitation).

Recommendation:

Recommend that the Historical and Landmarks Commission find that the proposed project located at 1310 Homestead Road will not destroy or have a significant adverse effect on the integrity of the Historic Resource Inventory property and that the proposed construction is compatible with the resource and recommend approval of the Significant Property Alteration / Architectural Review.

Assistant Planner Summer Foss provided the staff presentation.

Architect Danny Cao spoke about the project.

Public Comments: None.

A motion was made by Commissioner Inciarte, seconded by Vice Chair Stocks, to close public hearing.

Aye: Commissioner Celso, Commissioner Inciarte, Chair Leung, Vice Chair Stocks, Commissioner Vargas-Smith, and Commissioner Varshney
6 -
Excused: Commissioner Romano1 -
A motion was made by Vice Chair Stocks, seconded by
Commissioner Vargas-Smith, to approve staff recommendation with added conditions: (1) Recommend that the windows be exempt from Title 24 compliance as low E and tinted glass would significantly alter the historic character of the property; (2) Restore the picture windows and leaded glass to be identical to the original windows 12 and 13; (3) Fix the upper leaded glass and lower sash to be operable; (4) The glass used in all windows should be matching with clear tint and reflectivity to give a consistent and harmonious look.

Aye: Commissioner Celso, Commissioner Inciarte, Chair Leung, Vice Chair Stocks, Commissioner Vargas-Smith, and Commissioner Varshney
6 -
Excused: Commissioner Romano1 -

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12/04/2025Historical & Landmarks Commission Meeting Minutes

STAFF REPORT

COMMISSIONERS REPORT
Subcommittee Reporting - 20 Minutes
Commissioner Ana-Vargas Smith reported on the 2026 banner program, and the impact of the "Mission Meets the Moment" banners next year.

Board/Committee Lead/Alternate Santa Clara Arts and Historic Consortium Vargas-Smith / Romano Historic Preservation Society of Santa Clara Vargas-Smith / Leung Old Quad Residents Association Leung Development Review Hearing Romano /Vargas-Smith BART/ High Speed Rail/ VTA BRT Committee Vargas-Smith/ Leung El Camino Real Specific Plan Community Advisory Committee Leung Downtown Precise Plan Vargas-Smith/Stocks Santa Clara Station Area Task Force Leung/Stocks Board/Committee Lead/Alternate Commissioners provided updates on various items, meetings, and groups that they are assigned to.

ADJOURNMENT
A motion was made by Commissioner Inciarte, seconded by Commissioner Vargas-Smith, to adjourn the meeting at 7:45 p.m.

Aye: Commissioner Celso, Commissioner Inciarte, Chair Leung, Vice Chair Stocks, Commissioner Vargas-Smith, and Commissioner Varshney
6 -
Excused: Commissioner Romano1 -
The next regular scheduled meeting is on January 8, 2026, at 6 p.m. in the City Hall Council Chambers.

Page 4 ends

12/04/2025Historical & Landmarks Commission Meeting Minutes

Page 5 ends

City of Santa Clara
Meeting Minutes
Neighborhood-University Relations Committee
Draft
6:00 PM Hybrid Meeting
City Hall Council
Chambers/Virtual
1500 Warburton Avenue
Santa Clara, CA 95050
10/20/2025
The City of Santa Clara is conducting Neighborhood University Relations Committee meetings in a hybrid manner (in-person and continues to have methods for the public to participate remotely).
• Via Zoom:
o https://santaclaraca.zoom.us/j/82990496428 or
o Phone: 1(669) 900-6833
How to Submit Written Public Comment Before Neighborhood University Relations Committee Meeting: By email to [email protected] by 12 p.m. the day of the meeting. Those emails will be forwarded to Staff and will be uploaded to the Neighborhood University Relations Committee Agenda as supplemental meeting material.

Emails received after 12:00 P.M.cutoff time up through the end of the meeting will form part of the meeting record. Please identify the Agenda Item Number in the subject line of your email.

Note: Emails received as public comment will not be read aloud during the meeting.

Agendas, Staff Reports and some associated documents for Neighborhood University Relations Committee items may be viewed on the Internet at https://santaclara.legistar.com/Calendar.aspx
All public records relating to an open session item on this agenda, which are not exempt from disclosure pursuant to the California Public Records Act, that are distributed to a majority of the legislative body will be available for public inspection at the Office of the City Clerk at Santa Clara City Hall, 1500 Warburton Avenue, Santa Clara, CA 95050 at the same time that the public records are distributed or made available to the legislative body.

Page 1 ends

10/20/2025Neighborhood-University Relations
Committee
Meeting Minutes

CALL TO ORDER AND ROLL CALL
Chair Jain called the meeting to order at 6:05 p.m.

Staff in Attendance:

Director of Economic Development & Sustainability Reena Brilliot Assistant City Manager Paulina Morales
Planning Manager Lesley Xavier
Police Sergeant R.J. Otico
Member Jennifer Zheng, Member Sean Collins, Member Steve Ross, Member Shea Mulqueeney, Member Suds Jain, and Member Raj Chahal
Present 6 -
Member Collin ForgeyAbsent 1 -
Welcome, Swearing In Ceremony and Introductions
New committee members in attendance were introduced and sworn in:

Sean Collins, Steve Ross, Shea Mulqueeney, and Shanfang “Jennifer” Zheng.

A motion was made by Chair Jain, seconded by Member Collins, to excuse Member Forgey.

Aye: Member Zheng, Member Collins, Member Ross, Member Mulqueeney, Member Jain, and Member Chahal
6 -

Absent: Member Forgey1 -

CONSENT CALENDAR

1. 25-836 NURC Meeting Minutes of May 5, 2025 Special Meeting Recommendation: Approve the NURC Meeting Minutes of the May 5, 2025 Special Meeting A motion was made by Member Chahal, seconded by Chair Jain, to approve the Consent Calendar.

Aye: Member Zheng, Member Collins, Member Ross, Member Mulqueeney, Member Jain, and Member Chahal
6 -
Excused: Member Forgey1 -

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10/20/2025Neighborhood-University Relations
Committee
Meeting Minutes

PUBLIC PRESENTATIONS
Public Speakers:

Ann Booker
Margaret
Maria Moguel
Athena
Mark Kelsey
Jane DeRosa

GENERAL BUSINESS

2. 25-1532 Introductory Meeting of the Restructured Neighborhood University Relations Committee
Recommendation:

Note and file the staff report
Director of Economic Development & Sustainability Reena Brilliot gave a presentation on the NURC background, the approved restructuring of the NURC, and committee member appointments. New and existing committee members introduced themselves.

Public Speakers:

Maria Moguel
Mark Kelsey
Maria Lindenmuth

3. 25-1547
Community Engagement Activities in Planning for 2026
Recommendation: Note and file the staff report
Assistant City Manager Paulina Morales provided a presentation on upcoming 2026 City events and future partnerships with Santa Clara University (SCU).

Public Speakers:

Santa Clara Resident
Mark Kelsey

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10/20/2025Neighborhood-University Relations
Committee
Meeting Minutes

4. 25-1531 Updates from Community Development Department, Santa Clara University, and Police Department
Recommendation: Note and file the staff and Santa Clara University update Planning Manager Lesley Xavier presented data on the Code Enforcement activity around SCU.

Santa Clara University Assistant Dean of Students Steve Ross presented information on the annual Walkabout, upcoming University events, and explained the task force meeting collaboration.

Santa Clara Police Department Sergeant R.J. Otico provided information about the Community Response Team, the proactive work that the Police Department does for the community surrounding SCU, and the enforcement model used when responding to reports.

Public Speakers:

Brianna
Mark Kelsey
Santa Clara Resident

5. 25-1534
2026 Neighborhood University Relations Committee Calendar Recommendation: Approve the proposed 2026 NURC Meeting Calendar A motion was made by Member Collins, seconded by Member Ross, to approve the 2026 NURC meeting dates.

Aye: Member Zheng, Member Collins, Member Ross, Member Mulqueeney, Member Jain, and Member Chahal
6 -
Excused: Member Forgey1 -

ADJOURNMENT
A motion was made by Chair Jain to adjourn the meeting at 7:52 p.m.

Aye: Member Zheng, Member Collins, Member Ross, Member Mulqueeney, Member Jain, and Member Chahal
6 -
Excused: Member Forgey1 -
The next regular scheduled meeting is on March 2, 2026, at 6 p.m. in the City Hall Council Chambers.

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10/20/2025Neighborhood-University Relations
Committee
Meeting Minutes

Page 5 ends

City of Santa Clara
Meeting Minutes
Downtown Community Task Force
Draft
6:00 PM Hybrid Meeting
City Hall Council
Chambers/Virtual
1500 Warburton Avenue
Santa Clara, CA 95050
10/16/2025
The City of Santa Clara is conducting the Downtown Community Task Force meeting in a hybrid manner, in-person and a method for the public to participate remotely:

Via Zoom:
https://santaclaraca.zoom.us/j/86910818873
or
By Phone: 1(669) 900-6833
Meeting ID: 869 1081 8873

CALL TO ORDER AND ROLL CALL
Vice Chair Ondrasek called the meeting to order at 6:02 p.m.

Chair Thompson participated in the meeting remotely under AB 2449 in Government Code § 54953(f) due to emergency circumstances.

Adam Thompson, Dan Ondrasek, Rob Mayer, Debra von Huene, Ana Vargas-Smith , Mathew Reed, Butch Coyne, and Sean Collins Present 8 -
Atisha VarshneyAbsent 1 -
A motion was made by Member Collins, seconded by Member von Huene, to excuse Member Varshney.

Aye: Thompson, Ondrasek, Mayer, von Huene, Vargas-Smith, Reed, Coyne, and Sean Collins
8 -
Excused: Varshney1 -

CONSENT CALENDAR
There are no consent items.

Page 1 ends

10/16/2025Downtown Community Task Force Meeting Minutes

PUBLIC PRESENTATIONS
Public Speaker:

Reena Brilliot, City of Santa Clara Director of Economic Development and Sustainability

GENERAL BUSINESS

1. Introduction and Discussion on the Community Benefits Program for the Downtown Precise Plan

ADJOURNMENT
Public Speakers:

Mary Grizzle
Reena Brilliot, City of Santa Clara Director of Economic Development and Sustainability
Suds Jain
Donna West
A motion was made by Member von Huene, seconded by Member Collins, to adjourn the meeting at 8:00 p.m.

Aye: Thompson, Ondrasek, Mayer, von Huene, Vargas-Smith, Reed, Coyne, and Collins
8 -
Excused: Varshney1 -

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10/16/2025Downtown Community Task Force Meeting Minutes

Page 3 ends

City of Santa Clara
Meeting Minutes
Bicycle & Pedestrian Advisory Committee

REVISED
4:00 PM Hybrid Meeting
City Hall Council Chambers
1500 Warburton Avenue
Santa Clara, CA 95051
10/27/2025
The City of Santa Clara is conducting the Bicycle and Pedestrian Committee meetings in a hybrid manner (in-person and continues to have methods for the public to participate remotely). •
Via Zoom:
https://santaclaraca.zoom.us/j/83368467068
Meeting ID: 833 6846 7068 or
Phone: 1 (669) 900-6833
1 CALL TO ORDER AND ROLL CALL
Chair Megas called the meeting to order at 4:02 PM.
.

Member Hung Duong, Member Jorge Haro, Member Ken Kratz, Vice Chair Jonathan Marinaro, Chair Betsy Megas, and Member Vernon Shure
Present 6 -
Member Guillermo JenaroAbsent 1 -
A motion was made by Member Kratz, seconded by Member Duong to excuse Member Jenaro from the meeting.

Aye: Member Duong, Member Haro, Member Kratz, Vice Chair Marinaro, Chair Megas, and Member Shure
6 -
Excused: Member Jenaro1 -

Page 1 ends

10/27/2025Bicycle & Pedestrian Advisory
Committee
Meeting Minutes
2 PUBLIC PRESENTATIONS
Video [00:03:06]
Roberta Cadwallader commented that children are riding bicycles on the sidewalk and she is expected to move when bicyclists are passing on the sidewalk. She does not like that she has to move over while walking on the sidewalk because she is a senior with arthritis. Parents are telling their children that they have the right to ride on the sidewalk, but the City has regulations stating that there's no bicycle riding on the sidewalks. Seniors are in danger and this is a concern.

Member Kratz sought clarification from Staff on the issue that was just presented.

Transportation Manager Chan verified that in his discussion with the Police Department, and having looked at the City Ordinance, that riding a bicycle on City sidewalks is not permitted. The Police Department are not actively enforcing bicycling on the sidewalk. They are primarily using this specific code to investigate nefarious activities.

Diane Harrison commented that speakers, including BPAC members and non-members, should identify themselves when speaking.
3 CONSENT CALENDAR
A. 25-1074 Bicycle and Pedestrian Advisory Committee Meeting Minutes of August 25, 2025 (Chair)
Recommendation: Approve the Bicycle and Pedestrian Advisory Committee Meeting Minutes of August 25, 2025.

Video [00:08:39]
A motion was made by Vice Chair Marinaro, seconded by Member Kratz, to Approve the Consent Calendar. The motion carried by the following votes:

Aye: Member Duong, Member Haro, Member Kratz, Vice Chair Marinaro, Chair Megas, and Member Shure
6 -
Excused: Member Jenaro1 -
4 REPORTS FOR COMMITTEE INFORMATION

Page 2 ends

10/27/2025Bicycle & Pedestrian Advisory
Committee
Meeting Minutes
A. 25-1075 Police Verbal Update (Police Staff)
Video: [00:11:57]
This agenda item was not discussed at the meeting since the Police Department Representative was not in attendance.
5 ACTION ITEMS / GENERAL BUSINESS
A. 25-1084 Action to Recommend City Council Adoption of the Santa Clara Vision Zero Action Plan (He)
Recommendation:

Recommend to City Council to adopt the Santa Clara Vision Zero Action Plan.

Video: [00:12:24]
Senior Civil Engineer He and Mr. Mike Colety, Project Consultant - Senior Vice President from Kimley-Horn Associates provided a presentation regarding Vision Zero Key Plan Elements, Next Steps, and Staff Recommendation for approval and adoption by City Council.

Public Speakers: Diane Harrison and Gavin Achtemeir
A motion was made by Vice Chair Marinaro, seconded by Member Kratz, to recommend to City Council to adopt the Santa Clara Vision Zero Action Plan. The motion carried by the following votes:

Aye: Member Duong, Member Haro, Member Kratz, Vice Chair Marinaro, Chair Megas, and Member Shure
6 -
Excused: Member Jenaro1 -

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10/27/2025Bicycle & Pedestrian Advisory
Committee
Meeting Minutes
B. 25-1518 Dissolution of Current Subcommittees and Creation of New Subcommittees (Chan/Haro)
Recommendation: Dissolve current BPAC subcommittees and create new subcommittees as requested by the BPAC
Video: [01:23:28]
Transportation Manager Chan and Deputy City Attorney Haro provided a report on subcommittees as part of the BPAC.

Committee comments and questions followed. Transportation Manager Chan and Deputy City Attorney Haro addressed Committee questions.

Public Speaker: Diane Harrison
A motion was made by Vice Chair Marinaro, seconded by Chair Megas, to dissolve the current BPAC subcommittees and create a new Wayfinding ad-hoc subcommittees as requested by the BPAC.

The motion carried by the following votes:

Aye: Member Duong, Member Haro, Vice Chair Marinaro, Chair Megas, and Member Shure
5 -
Nay: Member Kratz1 -
Excused: Member Jenaro1 -
Video: [02:49:34]
A motion was made by Chair Megas, seconded by Member Shure, to appoint members Haro, Kratz, and Vice Chair Marinaro to the Wayfinding ad-hoc subcommittee. The motion carried by the following votes:

Aye: Member Duong, Member Haro, Member Kratz, Vice Chair Marinaro, Chair Megas, and Member Shure
6 -
Excused: Member Jenaro1 -
6 REPORTS FOR COMMITTEE INFORMATION (CONTINUED)

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10/27/2025Bicycle & Pedestrian Advisory
Committee
Meeting Minutes
A. 25-1077 Public Works Verbal Update (Liw/Chan)
Video: [03:06:43]
Transportation Manager Chan gave the following updates:

1. Rules of the Subcommittees as discussed in item 25-1518.

2. Superbowl 60, February 2026

3. FIFA World Cup, June and July 2026: 6 games

4. Traffic Staff Update - Assistant Director/City Engineer Liw mentioned that Senior Civil Engineer He has been promoted recently and is now with the Design Division of the Department of Public Works.

5. Work Plan Topic Request Forms due December 12, 2025

6. BPAC Workplan
Transportation Manager Chan advised the Committee that this is his last BPAC meeting with the City of Santa Clara as he is retiring at the end of the year.

B. 25-1085
Complete Streets Review for the 2026 Annual Street Maintenance and Rehabilitation Project (Chan)
Video: [03:11:49]
Transportation Manager Chan reported to the Committee that the Department of Public Works is designing the 2026 Annual Street Maintenance and Rehabilitation Project.

Committee comments and questions followed. Transportation Manager Chan addressed the Committee questions.

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10/27/2025Bicycle & Pedestrian Advisory
Committee
Meeting Minutes
C. 25-1083 Revise Traffic Calming Policy from 1999; Review, Revise, and Update City’s Neighborhood Traffic Calming Program (Chan)
Video: [03:29:32]
Transportation Manager Chan reported that Member Kratz and Jane Casamajor requested a review and update of the City Traffic Neighborhood Traffic Calming Program (NTCP). As part of the Vision Zero study presented earlier this evening, the NTCP will be comprehensively updated to support Vision Zero.

Committee comments and questions followed. Transportation Manager Chan addressed Committee questions.

D. 25-1080
San Tomas Aquino Creek Trail Closures, Detours, and Public Noticing for Upcoming Major Events (Chan)
Video: [03:41:03]
Transportation Manager Chan reported some preliminary information on the NFL staff planning of Super Bowl 60 which will impact bicycle and pedestrian travel. A map was shown on which streets will be closed.

Committee comments and questions followed. Transportation Manager Chan addressed Committee questions.

E. 25-1082 Report on Funding Opportunities (Garcia)
Video: [04:07:50]
Senior Civil Engineer Garcia reported on current and upcoming funding opportunities, such as public grants, and private sources of funding, including potential infrastructure projects and programs eligible for this funding.

Committee comments and questions followed. Senior Civil Engineer Garcia addressed Committee questions.

Public Speaker: Diane Harrison

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10/27/2025Bicycle & Pedestrian Advisory
Committee
Meeting Minutes
F. 25-1071 Bicycle Plan Status of Projects and Programs (Shariat) Video: [04:19:18]
Principal Transportation Planner Shariat reported regarding the project and programs of the Bicycle Plan.

Committee comments and questions followed. Principal Transportation Planner Shariat addressed Committee questions.

Public Speaker: Diane Harrison and Edmund Drozek
G. 25-1073 Pedestrian Master Plan Status of Projects, Objectives, and Policies (Shariat)
Video: [04:52:44]
Principal Transportation Planner Shariat reported on the status of the Pedestrian Master Plan projects and objectives.

Committee comments and questions followed. Principal Transportation Planner Shariat addressed Committee questions.

Public Speaker: Diane Harrison

H. 25-1122 Grant Activity Verbal Update (Shariat)
Video: [05:14:33]
Principal Transportation Planner Shariat reported on the Grant Activity.

Committee comments and questions followed. Principal Transportation Planner Shariat addressed Committee questions.

Public Speaker: Diane Harrison

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10/27/2025Bicycle & Pedestrian Advisory
Committee
Meeting Minutes
I. 25-1078 Valley Transportation Authority Bicycle and Pedestrian Advisory Committee Meetings Update (Megas)
Video: [05:17:23]
Chair Megas reported on the Valley Transportation Authority Bicycle and Pedestrian Advisory Committee Meetings.

Committee comments and questions followed. Chair Megas addressed Committee questions.

Public Speaker: James Kuszmaul
J. 25-1079 Santa Clara Station Area Task Force Update (Shure) Video: [05:31:59]
Member Shure reported on the update of the Santa Clara Station Area Task Force.

Committee comments and questions followed. Member Shure addressed Committee questions.

7 ANNOUNCEMENTS
Video: [05:41:09]
Chair Megas reported that November 1 is the 70th Anniversary of the Mission Library.

November 1 and 2: Semi-Annual Open House for the South Bay Historical Railroad Society.

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10/27/2025Bicycle & Pedestrian Advisory
Committee
Meeting Minutes
8 ADJOURNMENT
Video: [05:42:35]
A motion was made by Vice Chair Marinaro, seconded by Chair Megas to adjourn the meeting at 9:45 PM. The motion carried by the following votes:

Aye: Member Duong, Member Haro, Member Kratz, Vice Chair Marinaro, Chair Megas, and Member Shure
6 -
Excused: Member Jenaro1 -

Page 9 ends

City of Santa Clara
Agenda Report
1500 Warburton Avenue
Santa Clara, CA 95050
santaclaraca.gov
@SantaClaraCity
26-283 Agenda Date: 3/24/2026

REPORT TO COUNCIL

SUBJECT
Action on Monthly Financial Status and Investment Reports for January 2026 and Approval of the Related Budget Amendments

BACKGROUND
In compliance with the Charter of the City of Santa Clara and the adopted Investment Policy, the monthly financial report and monthly investment report for January 2026 are submitted for your information. The financial reviews, as of January 31, 2026, provide a year-to-date financial update to the City Council for fiscal year 2025/26. The analysis of the revenues collected and all expenditures measures the level of adherence to the established resource allocation plan and allows the City to monitor and project revenues and expenditures throughout the year.

The Budget incorporates the estimated revenues and planned expenditures for all funds. The attached Financial Status Report provides the budget to actual revenue and expenditure summaries for the General Fund, Special Revenue Funds, Enterprise Funds and Internal Service Funds, as well as expenditure summaries for Capital Improvement Funds and Fund Reserve Balances. Any significant variances are explained in the reports.

In accordance with City Council Policy 051 - Donations to the City, a monthly activity and annual summary of donations received by department is included in these reports. Although the requirement of the policy is to report quarterly, the City has been including this information monthly along with the financial status report.

DISCUSSION
Monthly Financial Status Report (Attachment 1)
The attached Monthly Financial Status Report summarizes the City’s financial performance as of January 31, 2026 (Attachment 1). This report provided financial analysis for the General Fund, select Special Revenue Funds, Internal Service Funds, Enterprise Operating Funds, and Capital Improvement Funds.

Monthly Financial Status Report shows that General Fund revenues (excluding transfers) at 53% of the budget through January 2026. In some cases, such as property tax, most payments are scheduled to occur later in the fiscal year. Based on the prior year performance and collections through January, General Fund revenues are currently tracking to exceed the budget. As shown in Monthly Financial Status Report, General Fund expenditures (excluding transfers) were at 54.7% through January 2026 and are tracking within budgeted levels.

As shown in Monthly Financial Status Report, total revenues for Enterprise Funds (Electric, Water, City of Santa Clara Printed on 3/20/2026Page 1 of 3
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26-283 Agenda Date: 3/24/2026
Sewer, Cemetery, Solid Waste, and Water Recycling) were at 44.3% of the budget through January 31, 2026, while total expenses were at 53.3%.

In January, donations of $9,822 were received, bringing total donations to $46,694.

The Spring 2026 UCLA Anderson Forecast points to a shift in economic momentum since late 2025 with strong projected economic growth approaching 3% in 2026. This growth is expected to be driven by income tax cuts, expansion of fiscal stimulus, and artificial intelligence investment.

In the advance estimate for the fourth quarter 2025, the Gross Domestic Product (GDP) increased at an annual rate of 1.4%, following a GDP increase of 4.4% in the third quarter 2025. On a national level, the unemployment rate changed little from 4.4% in December 2025 to 4.3% in January 2026. In January, the number of unemployed persons totaled 7.4 million, down approximately 2% from December. The California unemployment rate changed little from 5.6% to 5.5% between November and December 2025. The unadjusted unemployment rate in the San José-Sunnyvale-Santa Clara Metropolitan Statistical Area (MSA) was 4.0% in December 2025, down slightly from a revised 4.3% in November 2025, and unchanged from the December 2024 level of 4.0%.

Staff will continue to closely monitor the General Fund revenues and the City’s overall financial performance.

Monthly Investment Report (Attachment 2)
All securities held by the City of Santa Clara as of January 31, 2026 were in compliance with the City’s Investment Policy Statement regarding current market strategy and long-term goals and objectives. All securities held are rated “A” or higher by two nationally recognized rating agencies.

There are adequate cash flow and maturity of investments to meet the City’s needs for the next six months.

The City’s investment strategy for January 2026 was to invest funds not required to meet current obligations in securities listed in the prevailing Investment Policy Statement, with maturities not to exceed five years from the date of purchase. This strategy ensures safety of the City’s funds and provides liquidity to meet the City’s cash needs. There was a reasonable portfolio return of 4.14% in January.

The Monthly Investment Report also includes a Statement of Transactions, following the Investment Inventory, in accordance with California Municipal Treasurers Association investment policy guidelines.

ENVIRONMENTAL REVIEW
The actions being considered do not constitute a “project” within the meaning of the California Environmental Quality Act (“CEQA”) pursuant to section 15378(b)(4) of Title 14 of the California Code of Regulations in that they are fiscal activities that do not involve any commitment to any specific project which may result in a potential significant physical impact on the environment.

FISCAL IMPACT
From time to time, adjustments to the budget are required to reflect new information, align budgets with actual revenues and expenses, and correct for inadvertent errors. The recommended budget adjustment is described in Attachment 3 and summarized below:

City of Santa Clara Printed on 3/20/2026Page 2 of 3
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26-283 Agenda Date: 3/24/2026
· General Fund - increases the Other Revenue estimate to recognize sponsorship funding and allocates the funds to the Non-Departmental budget for the “Where the Mission Meets the Moment” campaign;
· Expendable Trust Fund - increases the Other Agencies Revenue estimate and increases the Silicon Valley Animal Control Authority appropriations for the Information Technology and Public Works Departments; and
· Fire Operating Grant Trust Fund
- increases the Other Agencies Revenue estimate and
increases the USAR Training Reimbursement appropriation.

COORDINATION
This report has been coordinated with the City Attorney’s Office.

PUBLIC CONTACT
Public contact was made by posting the Council agenda on the City’s official-notice bulletin board outside City Hall Council Chambers. A complete agenda packet is available on the City’s website and in the City Clerk’s Office at least 72 hours prior to a Regular Meeting and 24 hours prior to a Special Meeting. A hard copy of any agenda report may be requested by contacting the City Clerk’s Office at (408) 615-2220, email [email protected]
or at the public information desk at any City of Santa
Clara public library.

RECOMMENDATION

1. Note and file the Monthly Financial Status Report and Monthly Investment Report for January 2026 as presented; and

2. Approve the Fiscal Year 2025/26 budget amendments in the following funds (as detailed in the Fiscal Impact section of the staff report and Attachment 3 of the staff report):
a. In the General Fund, increase the Other Revenue estimate and the Non-Departmental budget for the “Mission Meets the Moment” campaign, with a net impact of $25,000; b. In the Expendable Trust Fund, increase the Other Agencies Revenue estimate and the Silicon Valley Animal Control Authority appropriations for the Information Technology and Public Works Departments, with a net impact of $45,000; and
c. In the Fire Operating Grant Trust Fund, increase the Other Agencies Revenue Estimate and the USAR Training Reimbursement appropriation, with a net impact of $3,520.

Five affirmative Council votes required to allocate additional revenue Reviewed by: Kenn Lee, Director of Finance
Approved by: Jovan D. Grogan, City Manager

ATTACHMENTS

1. Monthly Financial Status Report - January 2026

2. Monthly Investment Report - January 2026

3. FY 2025/26 Budget Amendments
City of Santa Clara Printed on 3/20/2026Page 3 of 3
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_____________________________________________________________________

MONTHLY FINANCIAL STATUS REPORT

January 2026

City of
Santa Clara
The Center of What 's Possible

1 City of Santa Clara
Financial Status Report as of January 31, 2026

This report summarizes the City’s financial performance for the month ended January 31, 2026.

Financial analysis for the report is provided for the General Fund, select Special Revenue Funds, Enterprise Operating Funds, Internal Service Funds, and Capital Improvement Funds. Financial information included in this report is unaudited.

Economic Outlook
The Spring 2026 UCLA Anderson Forecast points to a shift in economic momentum with strong projected economic growth approaching 3% in 2026. “After momentarily stuttering in 2025 in the face of the highest tariff rates in a century, the U.S. economy is expected to resume a brisk pace of nearly 3% GDP growth in 2026. This expansion is fueled by significant fiscal stimulus, through income tax cuts, looser financial conditions, and an expanding boom in AI capital expenditures. Supporting this growth in demand are the continued gains in productivity observed since the post-pandemic recovery. While the labor market is projected to strengthen in response to rising demand, restrictive immigration policies will continue to limit its overall rate of expansion.

The aggregate strength of the economy masks significant underlying vulnerabilities that should not be ignored. Delinquency rates on credit cards and auto loans are concerningly high. Simultaneously, small businesses have seen shrinking employment as they struggle with the elevated cost of goods driven by tariffs and labor shortages linked to deportations. The residential real estate sector remains largely paralyzed by a dual stagnation of demand and supply; meanwhile, new construction inventories are beginning to pile up, placing downward pressure on home prices. Consequently, consumer sentiment remains at levels typically observed only
during recessions, highlighting a deep
disconnect between macroeconomic
indicators and the financial reality of many
Americans.”
1 The UCLA Forecast assumes real Gross
Domestic Product (GDP) growth of
approaching 3.0% in 2026, driven by growth
in personal consumption and continued
capital investment, including investment in AI
infrastructure and equipment.

Lower GDP
growth is expected in 2027 and 2028 with
increases in the low- to mid- 2% range as the
AI infrastructure buildout begins to taper and
the fiscal landscape becomes more
restrained with spending cuts taking effect,
particularly to Medicaid and SNAP.

1 UCLA Anderson Forecast for the Nation, Spring 2026 Report: From Tariff Hikes to Income Tax Cuts Quarterly Real GDP Growth Forecast
(Seasonally Adjusted Annual Rates)
GDP Growth Forecast
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2 City of Santa Clara
Financial Status Report as of January 31, 2026

In the advance estimate for the fourth quarter of 2025, the Gross Domestic Product (GDP) increased at an annual rate of 1.4%, following a GDP increase of 4.4% in the third quarter. The increase in real GDP primarily reflected increases in consumer spending and investments. These were offset by decreases in exports and government spending. Imports, which are a subtraction in the calculation of GDP, decreased.2

On a national level, the unemployment rate of 4.3% changed little between December 2025 and January 2026. In January, the number of unemployed persons totaled 7.4 million, a slight decrease of approximately 141,000 from December. These measures are higher than a year earlier, when the jobless rate was 4.0 percent, and the number of unemployed people was 6.9 million.3

2 https://www.bea.gov/news/2026/gdp-advance-estimate-4th-quarter-and-year-2025 3 https://www.bls.gov/news.release/pdf/empsit.pdf
Real GDP, Percent Change From Preceding Quarter
Seasonally adj usted annual rates

5.0 4.0

3.0 2.0

1.0 0.0
- 1.0
Q3
2024
GDP Gross domestic product
U.S. Bureau of Economic Analysis
Q4
Chart 1. Unemployment rate, s,easonally adjusted ,
January 2024- January 2026
PercE'illt
5_5

5.0 4_5

4.0 3_5
3_0
-Ql
Jan-24 Apr-24 Jul-24 0-ct-24 Jan-W Apr-25 Jul-25 0ct-25 Jan-26 Note: Data for Octob er 2025 were not col lee ed d<1e to tl1e fede ral gos emment shutclown_
-
Q2 Q3 Q4
2025
Chart 2. Nonfarm payroll employment over-,the-month change, se.asonally adjuste,d, January 2024 - January 2026
Thous.ends
300
200
100
0 -100
-200
Jan-24 Apr-24 Jul-24 Ocl-24 J 25 Apr-25 Ju~25 0 ct-25 Jan-2{

3 City of Santa Clara
Financial Status Report as of January 31, 2026

At the state level, the California unemployment rate changed little from 5.6% to 5.5% between November and December 2025. This rate is unchanged from the 5.5% rate in December 2024. Over the past year, California employers have lost 11,200 nonfarm jobs (0.1% decrease).4 The unadjusted unemployment rate in the San José-Sunnyvale-Santa Clara Metropolitan Statistical Area (MSA) was 4.0% in December 2025, down from a revised 4.3% in November 2025, and unchanged from the December 2024 level of 4.0%. Between December 2024 and December 2025, employment in this region decreased by 1,700 jobs, or 0.1%. The largest decreases were in professional and business services (down 8,600 jobs) and manufacturing (down 3,500 jobs). Notable employment increases were in private education and health services (up 7,100 jobs) and leisure and hospitality (up 1,900 jobs).5
General Fund
The General Fund is the major operating fund for the City and includes multiple programs, services, and activities for the residents and businesses of the City. The adopted budget for operating revenues and expenditures for fiscal year 2025/26 was $353.0 million. The amended budget for revenues and expenditures was adjusted to $383.7 million to reflect carryover encumbrances from fiscal year 2024/25 and various budget amendments approved by the City Council through January 2026.

General Fund revenues are tracking to exceed the budget and expenditures are tracking to end the year with savings.

4 https://edd.ca.gov/en/about_edd/news_releases_and_announcements/unemployment-december-2025/ 5 https://labormarketinfo.edd.ca.gov/file/lfmonth/sjos$pds.pdf

4 City of Santa Clara
Financial Status Report as of January 31, 2026

General Fund Revenues
As of January 31, 2026, $178.6 million, or 53% of General Fund revenue (excluding transfers) was received. Collections are tracking below par through January due to the timing of payments. In some cases, such as property tax, most payments are scheduled to occur later in the fiscal year. Transfers and use of reserves of $46.9 million have occurred as budgeted.

Adopted Budget
Amended
Budget
Actual Through
01/31/2026
Percentage
Received
Actual Through
01/31/2025
$
Change From
Prior Year
Percentage
Change
TAXES
Sales Tax 65,850,000$ 65,850,000$ 31,302,099$ 47.54% 28,553,922$ 2,748,177$ 9.62% Property Tax 101,181,000 101,181,000 51,415,636 50.82% 48,696,434 2,719,202 5.58% Transient Occupancy Tax 27,500,000 27,500,000 13,652,053 49.64% 11,640,020 2,012,033 17.29% Other Taxes 7,200,000 7,200,000 2,460,076 34.17% 2,604,025 (143,949) -5.53% Total Taxes 201,731,000 201,731,000 98,829,864 48.99% 91,494,401 7,335,463 8.02%

LICENSES & PERMITS
Business Licenses 6,200,000 6,200,000 4,042,100 65.20% 4,042,863 (763) -0.02% Building Permits - - 953,453 N/A 791,665 161,788 20.44% Fire Operation Permits 1,998,000 1,998,000 1,512,704 75.71% 1,323,470 189,234 14.30% Miscellaneous Permits 26,000 26,000 254 0.98% 11,304 (11,050) -97.75% Total Licenses & Permits 8,224,000 8,224,000 6,508,511 79.14% 6,169,302 339,209 5.50% FINES & PENALTIES 1,557,000 1,557,000 1,944,880 124.91% 1,403,631 541,249 38.56% INTERGOVERNMENTAL 580,000 1,028,764 656,264 63.79% 1,189,353 (533,089) -44.82% CHARGES FOR SERVICES 35,626,474 35,726,474 22,047,366 61.71% 20,216,539 1,830,826 9.06% SILICON VALLEY POWER TRANSFER 37,275,000 37,275,000 21,743,755 58.33% 20,687,975 1,055,780 5.10%

USE OF MONEY & PROPERTY
Interest 6,247,000 6,247,000 4,492,657 71.92% 2,197,241 2,295,416 104.47% Rent 13,107,611 13,536,011 8,595,971 63.50% 7,478,037 1,117,934 14.95% Total Use of Money & Property 19,354,611 19,783,011 13,088,628 66.16% 9,675,278 3,413,350 35.28% MISCELLANEOUS REVENUES 380,000 398,700 567,523 142.34% 356,453 211,070 59.21%

OTHER FINANCING SOURCES
Operating Transfer In - Storm Drain 1,454,000 1,454,000 1,454,000 100.00% 1,454,000 - 0.00% Operating Transfer In - Reserves 9,556,671 16,973,212 16,973,212 100.00% 13,950,549 3,022,663 21.67% Operating Transfer In - Fund Balances(1) 5,816,858 28,044,857 28,044,857 100.00% 6,162,369 21,882,488 355.10% Operating Transfer In - Miscellaneous 405,265 401,746 401,746 100.00% 2,201,534 (1,799,788) -81.75% Total Other Financing Sources 17,232,794 46,873,815 46,873,815 100.00% 23,768,452 23,105,363 97.21%

STADIUM OPERATION
Charges for Services 24,423,380 24,497,380 11,997,086 48.97% 9,587,056 2,410,030 25.14% Rent and Licensing 6,640,308 6,640,308 1,208,634 18.20% 7,504,101 (6,295,467) -83.89% Total Stadium Operation 31,063,688 31,137,688 13,205,720 42.41% 17,091,157 (3,885,437) -22.73% TOTAL GENERAL FUND 353,024,567$ 383,735,452$ 225,466,326$ 58.76% 192,052,542$ 33,413,784$ 17.40% (1) The Operating Transfer In - Fund Balances includes the carryover encumbrances of open purchase orders as of June 30, 2024 and mid year budget amendment from reserves.

Function

CITY OF SANTA CLARA

GENERAL FUND

REVENUE OVERVIEW AND COMPARISON BY TYPE
FISCAL YEAR 2025/26 PY REVENUE COMPARISON

5 City of Santa Clara
Financial Status Report as of January 31, 2026

General Fund Revenues
Sales Tax: The City of Santa Clara sales tax rate is 9.125%, of which the City receives 1.0%. As of January 31, 2026, $31.3 million has been recorded, which is 9.6% higher than prior year collection levels. Given the timing of payments, the sales tax receipts through January account for actual activity in the first quarter (July through September 2025) totaling $18.4 million and advance payments for October and November 2025 totaling $12.5 million. In addition, $0.3 million has been received for the Proposition 172 Public Safety Sales Tax, which is consistent with the prior fiscal year.

In the first quarter of FY 2025/26 (July – September activity) receipts totaled $18.4 million. This collection level was 3.9% below the prior year receipts of $19.2 million for the first quarter of FY 2024/25. This decrease was the result of a 16.0% decrease in the Business-to-Business category. This decline was partially offset by growth in the remaining categories: construction (up 6.7%), food products (up 7.2%), general retail (up 6.2%) and transportation (up 6.5%) categories. The County pool receipts in the first quarter of FY 2025/26 were also up 12.0% over the first quarter of FY 2024/25 based on the City’s strong sales tax performance; these collections represent approximately 20% of the City’s sales tax receipts.

While not reflected in the figures through January, the City has received data for the second quarter of FY 2025/26 (October – December 2025 activity). Collections in that quarter totaled $21.9 million and were 8.6% above the $20.2 million collected in the same quarter last fiscal year. The City does not yet have any information on the drivers of that growth and how much can be attributed to one-time activities. Given the strong performance to date and the strong performance in FY 2024/25, collections are tracking to exceed the budget estimate of $65.9 million. Collections may exceed the budget by approximately $10 million based on preliminary estimates with the limited data available and projections from the City’s sales tax consultant.

Property Tax: Through January, Property tax receipts totaled $51.4 million, up 5.6% from the prior year. The majority of property tax revenue is collected in the second half of the fiscal year. Based on information from the County of Santa Clara, property tax receipts are projected to end the year at $103.6 million, slightly above the Adopted Budget estimate of $101.2 million.

Transient Occupancy Tax (TOT): TOT is calculated as a percentage of City hotel/motel room charges. The City’s TOT rate is 13.5%. Through January 31, 2026, $13.7 million has been collected, which reflects a 17.3% increase when compared to the collection level in the prior year. Beginning July 2025, all hotels submit TOT payments monthly rather than a combination of monthly and quarterly payments, which will impact the collection pattern during this fiscal year. Based on the higher prior year collection level, current year receipts, and the expected impact from the Super Bowl and FIFA World Cup events, TOT revenue is projected to exceed the budgeted estimate by year-end by $3 million - $5 million.

Other Taxes: Includes franchise tax and documentary transfer tax. The City has collected $2.5 million through January, which is slightly below last fiscal year’s collection levels of $2.6 million. Receipts reflect franchise tax ($1.7 million) and documentary transfer tax ($0.8 million).

6 City of Santa Clara
Financial Status Report as of January 31, 2026

Licenses & Permits: Includes business licenses, fire operation permits, and miscellaneous permits and fees. This category also includes a portion of building permits that are allocated for advanced planning. Licenses and permits revenue collections are tracking above par with receipts totaling $6.5 million, or 79.1% of the $8.2 million budget. This collection level is higher than prior year receipts of $6.2 million. Business licenses receipts represent the majority of the collections to date at $4.0 million.

Collections in this category are tracking on par with the prior year level.

Fines & Penalties: Includes collection charges (late fees), vehicle, parking, court fines, and miscellaneous penalty fines. The revenue collected in this category through January was $1.9 million, which is above the budget of $1.6 million and the prior year level collections of $1.4 million. The majority of the receipts are comprised of collection charges. The variance from the prior year is primarily due to higher collection charges.

Intergovernmental: Includes motor vehicle fees, state homeowner property tax relief, state mandated reimbursement and redistribution of land sale proceeds and ground leases from the Successor Agency.

Through January 31, 2026, $0.7 million has been collected in this category, which is 44.8% lower than prior year levels. Collections were higher last year due to wildland reimbursements. Motor vehicle fees total $0.2 million, slightly exceeding the budget, while miscellaneous other agency revenues total $0.4 million, which primarily reflects the SB 90 reimbursements from the State for state-mandated programs delivered by the Police Department. These funds were appropriated to the Police Department as part of the July/August Monthly Financial Report actions that were approved by the City Council on October 21, 2025.

Charges for Services: Includes various plan check and zoning-related fees, engineering fees, administrative fees, and community service revenue from various recreational activities. Through January, collections totaled approximately $22.0 million or 61.7% of the budget. This reflects a 9.1% increase compared to last year’s collections, primarily due to higher receipts in engineering fees, interdepartmental charges, and planning and zoning fees.

Silicon Valley Power Transfer: In accordance with the City’s charter, Silicon Valley Power (SVP) pays

5.0% of gross revenues to the General Fund. Transfers throughout the year are based on the budgeted estimate and will be trued up at the end of the fiscal year based on actual performance. Based on the prior year collections and activity levels in SVP, receipts in this category are expected to exceed the budgeted estimate.

Use of Money & Property: Includes realized investment income and rental income. Collections of $13.1 million are higher than prior year levels in both categories. The increase in rental income reflects higher right-of-way collections and lease revenues. Interest collections came in nearly 104% higher than prior year levels due to several factors, including an increase in the size of the portfolio, the interest income distribution timing, a higher level of realized losses last fiscal year, and higher earnings for certain securities. Receipts in this category are expected to exceed the budgeted estimate by approximately $3 million based on current collection trends.

7 City of Santa Clara
Financial Status Report as of January 31, 2026

Miscellaneous Revenues: Includes developer fees, donations, damage recovery, and one-time miscellaneous revenues. Through January, collections of $0.6 million exceeded the budget and are

59.2% above the prior year collections of $0.4 million.

Stadium Operation: Through January 31, 2026, $13.2 million has been collected through charges for services and rent. Of this amount, $3.4 million and $3.9 million represents public safety cost reimbursements for non-NFL events and NFL games, respectively. The City also received the ground lease payment of $1.2 million and general and administrative cost reimbursements of $1.1 million, both from the Stadium Authority. Between December and January, the lease payment decreased by $60,000 due to the timing of Senior & Youth Fee recognition. An accrual was recorded in December, with the related revenue recognized in February. Reimbursements of $2.8 million have been received from the Bay Area Host Committee. Remaining collections of $0.8 million reflected parking permits.

8 City of Santa Clara
Financial Status Report as of January 31, 2026

General Fund Expenditures
As of January 31, 2026, $234.3 million or 61.1% of the General Fund operating budget had been expended, which is higher than prior year expenditure levels. Excluding transfers, expenditures totaled $180.7 million, or 54.7% of the budget, which is slightly below par of 58.3%. Transfers of $53.6 million have occurred as budgeted. Overall, expenditures in the General Fund are within budgeted levels through January and are expected to end the year with savings.

Adopted Budget
Amended
Budget
Actual Through
01/31/2026
Percentage
Use d
Actual Through
01/31/2025
$
Change From
Prior Year
Percentage
Change

GENERAL GOVERNMENT
Non-Departmental 20,501,477$ 19,788,144$ 9,689,977$ 48.97% 8,911,702$ 778, 275$ 8.73% City Council 1,268,362 1,273,274 675,824 53.08% 626,182 49,642 7.93% City Clerk 1,761,474 1,763,949 1,039,904 58.95% 1,048,079 (8,175) -0.78% City Manager 5,859,758 6,942,349 3,394,833 48.90% 2,487,962 906,871 36.45% City Attorney 4,619,355 4,760,193 2,467,608 51.84% 1,699,821 767,787 45.17% City Auditor 1,075,554 1,167,005 458,999 39.33% 437,782 21,217 4.85% Human Resources 5,470,869 5,758,815 2,434,442 42.27% 2,338,018 96,424 4.12% Finance 20,897,522 21,598,708 11,196,739 51.84% 11,677,545 (480,806) -4.12% Total General Government 61,454,371 63,052,437 31,358,326 49.73% 29,227,091 2,131,235 7.29% PUBLIC WORKS 30,216,576 31,460,071 16,555,549 52.62% 14,698,520 1,857,029 12.63% COMMUNITY DEVELOPMENT 6,039,535 6,237,266 3,119,122 50.01% 2,783,343 335,779 12.06% PARKS AND RECREATION 24,548,978 25,373,495 13,737,482 54.14% 12,459,226 1,278,256 10.26%

PUBLIC SAFETY
Fire 70,335,667 70,804,167 41,483,343 58.59% 40,260,646 1,222,697 3.04% Police 99,261,544 100,299,895 59,075,971 58.90% 52,808,481 6,267,490 11.87% Total Public Safety 169,597,211 171,104,062 100,559,314 58.77% 93,069,127 7,490,187 8.05% LIBRARY 12,178,570 12,300,254 6,790,991 55.21% 6,939,745 (148,754) -2.14% DEPARTMENTAL TOTAL 304,035,241 309,527,585 172,120,784 55.61% 159,177,052 12,943,732 8.13%

OTHER FINANCING USES
Operating Transfer Out - Miscellaneous 1,062,675 1,635,973 1,635,973 100.00% 1,742,520 (106,547) -6.11% Operating Transfer Out - Debt Services 1,406,979 1,406,979 1,406,979 100.00% 1,405,940 1,039 0.07% Operating Transfer Out - Maintenance Dtrct 1,079,493 1,079,493 1,079,493 100.00% 977,546 101,947 10.43% Operating Transfer Out - Cemetery 1,078,109 1,078,109 1,078,109 100.00% 823,000 255,109 31.00% Operating Transfer Out - CIP 6,352,233 30,793,808 30,793,808 100.00% 14,436,988 16,356,820 113.30% Operating Transfer Out - Reserves 17,649,996 17, 649,996 17,649,996 100.00% 7,324,722 10,325,274 140.96% Total Other Financing Uses 28,629,485 53,644,358 53,644,358 100.00% 26,710,716 26,933,642 100.83% STADIUM OPERATION 20,359,841 20,563,508 8,581,583 41.73% 6,288,928 2,292,655 36.46% TOTAL GENERAL FUND 353,024,567$ 383,735,452$ 234,346,725$ 61.07% 192,176,696$ 42,170,029$ 21.94% Function

CITY OF SANTA CLARA

GENERAL FUND

EXPENDITURES OVERVIEW AND COMPARISON BY FUNCTION
FISCAL YEAR 2025/26 PY EXPENDITURES COMPARISON

9 City of Santa Clara
Financial Status Report as of January 31, 2026

General Fund Expenditures
Below is an explanation of certain budget to actual expenditure variances by program.

Non-Departmental: Includes expenditures that are not attributable to a single department, but a function of the City in general. Through January, expenditures totaled $9.7 million, or 49% of the budget, which is below par of 58.3%. Current year spend is tracking higher than prior year levels, primarily in the salaries and benefits and contractual services categories.

City Attorney: Actual expenditures through January totaled approximately $2.5 million, which is 51.8% of the budget, which is below par. Spending is higher than the total expenditures through the same time last fiscal year by 45% due to higher salaries and benefits costs.

City Clerk: Through January, actual expenditures were tracking slightly above budget at approximately $1.0 million or 59% of the budget, primarily in the salaries and benefits categories. This spend is consistent with prior year levels. Staff will continue to monitor the Department spend and bring forward adjustments if necessary.

City Council: Through January, expenditures of $0.7 million were at 53.1% of budget, which is below par. Compared to the same period through last fiscal year, this reflects a 7.9%% increase in expenditures, resulting from higher salary and benefits and conference, training and travel spend. This is partially offset by lower spending for as-needed staff.

City Manager: The actual expenditures through January totaled $3.4 million, or 48.9% of the budget, which is below par for this time of the year. Expenditures are approximately 36.5% higher compared with the spending level during the same period last fiscal year. This is due to higher spend in the salaries and benefits and contractual services categories.

Community Development Department: This department consists of three divisions: Planning, Building, and Housing and Community Services. The Building Division of this department is reflected in the Building Development Services Fund, which falls under the special revenue section of this report.

Through January, departmental expenditures for the Planning and Housing and Community Services divisions totaled $3.1 million, or 50% of the budget, which is below par of 58.3%. This expenditure level is 12.1% above the prior year as a result of higher salaries and benefits and contractual services spend.

Finance Department: Through January, the Department’s expenditures totaled $11.2 million, or 51.8% of the budget, which is below par. This expenditure level was approximately 4.1% lower compared to the same period last year. Higher salaries and benefits expenditures are offset by lower contractual services costs.

Fire Department: Through January, actual expenditures totaled $41.5 million, or 58.6% of the budget, which is at par. These expenditures are 3% above the spending level through the same period last fiscal year. Overtime expenditures are tracking at 137.1% of the budget, which is well above par for this time of year. Excluding reimbursable mutual aid-related overtime, the departmental overtime remains at

10 City of Santa Clara
Financial Status Report as of January 31, 2026

approximately 130.3% of the budget. While this overtime figure is above par, it is important to note that overtime is used to backfill for vacant positions and the vacancy savings offset a portion of the overtime costs.

Through January, absences are up 14% (from 48,062 to 54,762 hours) when compared with the prior fiscal year and remain above historical levels. Absences are trending high in the areas of Family and Medical Leave Act (FMLA) leave, sick leave, disability leave, and industrial injury time. Employees can elect compensatory time over overtime pay when backfilling shift absences, which increases the need to backfill when the compensatory time is used. Through January, the compensatory time payouts total $1,415,083, which is above historical levels and 37% above the payouts of $1,032,884 experienced through January of last fiscal year. The Department will continue to monitor expenditures throughout the fiscal year, and any necessary budget adjustments will be brought forward for City Council consideration.

Library Department: Through January, actual expenditures totaled approximately $6.8 million, or

55.2% of the budget, which is slightly below par and the prior year expenditure level.

Parks and Recreation Department: Through January, actual expenditures totaled $13.7 million, or

54.1% of the budget, which is below par, but 10.3% higher than prior year actuals of $12.5 million. This increase reflects higher spend in the salaries and benefits categories as well as operating supplies and contractual services costs.

Police Department: Expenditures through January are tracking at $59.1 million, or 58.9% of the budget; this is approximately 11.8% higher than prior year spending levels. The increase is mainly due to higher spend in the salaries and benefits and capital outlay categories. The Department will continue to monitor expenditures throughout the fiscal year and any necessary budget amendments will be brought forward for City Council consideration.

Stadium Operation: Stadium operating expenditures are incurred first and billed on a reimbursement basis creating a timing difference in revenue recognition. Stadium expenditures of $8.6 million through January are tracking at 41.7% of the budget; this expenditure level is 36.5% above the prior fiscal year due planning activities related to the Super Bowl LX and FIFA World Cup 2026. Events at the Stadium through January include two soccer matches, four concerts, two preseason and eight regular season NFL games; these costs are fully reimbursed by the Stadium Manager and the Stadium Authority. The Bay Area Host Committee also provides reimbursement for expenses incurred related to Super Bowl LX and FIFA World Cup 2026 planning costs.

11 City of Santa Clara
Financial Status Report as of January 31, 2026

Special Revenue Funds
The table below is a summary of revenues and expenditures of select Special Revenue Funds as of January 31, 2026. The amended budget reflects carryover encumbrances from fiscal year 2024/25 and budget amendments approved by the City Council through January 2026.

Through the end of January, revenues totaled $18.3 million, or 61.4% of the estimate, which is above par of 58.3%, while expenditures totaled approximately $15.2 million, or 39%. Revenues in both the Building and Fire Development Services Funds and the Fire CUPA Fund are tracking above par. The Housing Authority Fund is tracking significantly above prior year levels due to additional interest paid on a housing loan, while revenue in the City Affordable Housing Fund is tracking below prior year levels.

This is a result of a correction in booking for interest accrued on housing impact fees, which is now recorded in the City Affordable Housing Capital Fund. Expenditures are tracking higher in this fund when compared to prior years due to higher salaries and benefits and contractual services spend. In the Housing Successor Agency Fund, contractual services spend is higher than prior years, while interest collections on housing loans have come in lower than prior years.

Actual Actual $
Fund Adopted Amended Through Percentage Through Change From Percent Description Budget Budget 1/31/2026 Received 1/31/2025 Prior Year Change Building Development Services Fee
Fund
16,736,000$ 16,736,000$ 12,196,775$ 72.88% 10,176,321$ 2,020,454$ 19.85% City Affordable Housing Fund 1,253,326 502,171 311,116 61.95% 488,611 (177,495) -36.33% Fire CUPA Fund 2,019,000 2,019,000 1,473,475 72.98% 17,800 1,455,675 8177.95% Fire Development Services Fee
Fund
3,429,000 3,429,000 2,694,293 78.57% 2,564,177 130,116 5.07% Housing and Urban Development 5,427,794 5,561,800 987,764 17.76% 573,706 414,058 72.17% Housing Authority Fund 281,088 281,088 367,729 130.82% 32,251 335,478 1040.21% Housing Successor Fund 1,302,573 1,302,573 296,242 22.74% 466,358 (170,116) -36.48% TOTAL 30,448,781$ 29,831,632$ 18,327,394$ 61.44% 14,319,224$ 4,008,170$ 27.99% Actual Actual $
Fund Adopted Amended Through Percentage Through Change From Percent Description Budget Budget 1/31/2026 Use d 1/31/2025 Prior Year Change Building Development Services Fee
Fund
17,307,319$ 18,457,334$ 9,574,030$ 51.87% 8,975,451$ 598,579$ 6.67% City Affordable Housing Fund 6,984,995 7,292,572 707,612 9.70% 510,037 197,575 38.74% Fire CUPA Fund 1,779,867 1,783,637 832,067 46.65% 0 832,067 N/A Fire Development Services Fee
Fund
3,904,315 3,926,714 2,014,823 51.31% 2,078,975 (64,152) -3.09% Housing and Urban Development 5,427,794 5,720,995 1,489,129 26.03% 1,529,961 (40,832) -2.67% Housing Authority Fund 459,878 501,371 104,332 20.81% 98,974 5,358 5.41% Housing Successor Fund 1,127,973 1,347,976 512,886 38.05% 382,821 130,065 33.98% TOTAL 36,992,141$ 39,030,599$ 15,234,879$ 39.03% 13,576,219$ 1,658,660$ 12.22%

PRIOR YEAR EXPENDITURE COMPARISON

CITY OF SANTA CLARA

SPECIAL REVENUE FUNDS

REVENUE AND EXPENDITURES - OVERVIEW AND COMPARISON BY FUND REVENUE - FISCAL YEAR 2025/26 PRIOR YEAR REVENUE COMPARISON EXPENDITURES - FISCAL YEAR 2025/26

12 City of Santa Clara
Financial Status Report as of January 31, 2026

Internal Service Funds
The table below displays the expenditures in the internal service funds across the City. The amended budget reflects current year appropriations, prior year carryover, and budget amendments approved through January 2026. As of January 31, 2026, the internal service fund expenditures totaled $27.4 million, or 40.5% of the amended budget. The expenditure fluctuations in the Vehicle Replacement Fund are due to the timing of vehicle purchases throughout the year. The significant decrease in spend in the Communication Acquisitions Fund is a result of the replacement of public safety radios that occurred last fiscal year. In the Information Technology Services Fund is attributable to higher spend in the contractual services category.

Actual Actual $
Fund Adopted Amended Through Percentage Through Change From Percent Description Budget Budget 1/31/2026 Use d 1/31/2025 Prior Year Change Communication Acquisitions Fund 1,064,336$ 1,642,638$ 473,203$ 28.81% 5,920,301$ (5,447,098)$ -92.01% Fleet Maintenance and Operations
Fund
6,757,227 7,417,317 3,736,824 50.38% 3,458,939 277,885 8.03% Information Technology Services
Fund
18,755,875 23,478,149 9,022,916 38.43% 6,767,297 2,255,619 33.33% Public Works Capital Projects
Management Fund
4,991,087 5,863,020 2,775,945 47.35% 2,363,305 412,640 17.46% Special Liability Fund 9,152,000 9,209,062 5,167,813 56.12% 4,675,751 492,062 10.52% Unemployment Insurance Fund 100,000 100,000 83,608 83.61% 55,682 27,926 50.15% Vehicle Replacement Fund 3,994,000 11,017,019 1,080,431 9.81% 2,020,419 (939,988) -46.52% Workers' Compensation Fund 6,858,000 8,858,000 5,016,919 56.64% 4,024,388 992,531 24.66% TOTAL 51,672,525$ 67,585,205$ 27,357,659$ 40.48% 29,286,082$ (1,928,423)$ -6.58%

CITY OF SANTA CLARA

INTERNAL SERVICE FUNDS

EXPENDITURES - OVERVIEW AND COMPARISON BY FUND
EXPENDITURES - FISCAL YEAR 2025/26 PRIOR YEAR EXPENDITURE COMPARISON

13 City of Santa Clara
Financial Status Report as of January 31, 2026

Governmental Capital Improvement Funds
The table below lists the revenue for selected capital improvement funds. The amended budget reflects current year appropriations, prior year carryover, and budget amendments approved through January 2026. As of January 31, 2026, the capital fund revenue totaled approximately $22.4 million. In the Parks and Recreation Capital Fund, $13.3 million represents MFA collections, $0.9 million represents Quimby Act fees received, with interest earnings accounting for the remaining collections. The revenue collected in the Related Santa Clara Fund represents developer contributions. The revenue shown in the Storm Drain Capital Fund is customer service charges. In the Tasman East Specific Infrastructure Fund, $2.0 million reflects impact fee collections, with interest earnings as the remaining collections.

The collections in the Streets and Highways Capital Fund are comprised of interest earnings, grant funding, fees, and VTA Measure B proceeds.

Actual
Fund Cu rrent Year Prior Year Total Amended Through Percentage Description Appropriation Carryforward Budget 1/31/2026 Use d City Affordable Housing Capital Fund 211,155$ -$ 211,155$ 211,155$ 100.00% Parks & Recreation 10,197,016 - 10,197,016 15,491,566 151.92% Public Buildings 110,027 - 110,027 110,028 100.00% Related Santa Clara Developer 932,667 290,000 1,222,667 235,000 19.22% Storm Drain 1,623,993 2,984,107 4,608,100 918,079 19.92% Streets & Highways 15,652,769 19,942,011 35,594,780 3,274,619 9.20% Tasman East Specific Infrastructure
Improvement Fund
217,682 3,517, 250 3,734,932 2,112,429 56.56% TOTAL 28,945,309$ 26,733,368$ 55,678,677$ 22,352,876$ 40.15%

CITY OF SANTA CLARA

GOVERNMENTAL CAPITAL IMPROVEMENT FUNDS

REVENUE - OVERVIEW AND COMPARISON BY SELECTED FUND
REVENUE - FISCAL YEAR 2025/26

The table below lists the total amended budgeted amounts for expenditures in the Capital Improvement Funds. Similar to the revenue table, the amended expenditure budgets consist of current year appropriations, prior year carryover encumbrance balances in Governmental Capital Improvement Funds, and budget amendments approved through January 2026. As of January 31, 2026, capital fund expenditures totaled $29.9 million, or 12.7% of the amended budget.

As part of the adoption of the FY 2025/26 and FY 2026/27 biennial operating budget, capital funds were carried over for projects that were not anticipated to be completed by June 30, 2025. Necessary additional adjustments to the capital carryover amounts were included as part of the Budgetary Year- End Report for FY 2024/25, which was approved by the City Council in December 2025.

14 City of Santa Clara
Financial Status Report as of January 31, 2026

Actual
Fund Current Year Prior Year Total Amended Through Percentage Description Appropriation Carryforward Budget 1/31/2026 Use d City Affordable Housing Capital Fund 4,944,484$ -$ 4,944,484$ -$ 0.00% Fire 500,866 1,854,028 2,354,894 815,579 34.63% General Gov't - Other 4,437,516 12,674,976 17,112,492 695,403 4.06% Library 24,642 653,161 677,803 12,719 1.88% Parks & Recreation 5,717,816 40,887,990 46,605,806 2,131,206 4.57% Public Buildings 43,412,209 9,327,180 52,739,389 3,663,306 6.95% Related Santa Clara Developer 723,037 343,370 1,066,407 297,409 27.89% Storm Drain 911,490 8,707,187 9,618,677 691,748 7.19% Streets & Highways 20,063,576 76,260,521 96,324,097 20,163,874 20.93% Tasman East Specific Infrastructure
Improvement Fund
1,434,465 2,828,615 4,263,080 1,439,244 33.76% TOTAL 82,170,101$ 153,537,028$ 235,707,129$ 29,910,488$ 12.69% EXPENDITURES - FISCAL YEAR 2025/26

CITY OF SANTA CLARA

SUMMARY OF EXPENDITURES

GOVERNMENTAL CAPITAL IMPROVEMENT FUNDS

15 City of Santa Clara
Financial Status Report as of January 31, 2026

Enterprise Funds
The table below is a summary of revenues and expenses for the Enterprise Operating Funds as of January 31, 2026. Overall, revenues and expenditures are tracking below budgeted levels. Compared to prior year levels, revenues are tracking lower, whereas expenditures are tracking higher.

Actual Actual $
Fund Adopted Amended T h rough Percentage Through Change From Percent Description Budget Budget 1/31/2026 received 1/31/2025 Prior Year Change Cemetery Fund 600,000$ 600,000$ 385,229$ 64.20% 370,775$ 14,454$ 3.90% Electric Utility Fund 1,128,195,241 1,128,195,241 479,290,075 42.48% 556,078,817 (76,788,742) -13.81% Sewer Utility Fund 52,407,375 52,407,375 32,577,995 62.16% 34,057,191 (1,479,196) -4.34% Solid Waste Utility Fund 42,287,613 42,287,613 23,060,325 54.53% 21,842,753 1,217,572 5.57% Water Recycling Fund 9,651,409 9,651,409 5,305,349 54.97% 6,606,658 (1,301,309) -19.70% Water Utility Fund 76,402,644 76,402,644 40,030,238 52.39% 37,530,246 2,499,992 6.66% TOTAL REVENUE 1,309,544,282$ 1,309,544,282$ 580,649,211$ 44.34% 656,486,440$ (75,837,229)$ -11.55% Actual Actual $
Fund Adopted Amended Through Percentage Through Change From Percent Description Budget Budget 1/31/2026 Use d 1/31/2025 Prior Year Change Cemetery Fund 1,757,102$ 1,774,177$ 645,326$ 36.37% 665,862$ (20,536)$ -3.08% Electric Utility Fund 712,617,141 723,672,626 385,955,520 53.33% 323,319,870 62,635,650 19.37% Sewer Utility Fund 43,738,253 44,110,349 30,312,442 68.72% 21,714,503 8,597,939 39.60% Solid Waste Utility Fund 42,061,065 46,374,375 21,144,073 45.59% 21,643,221 (499,148) -2.31% Water Recycling Fund 10,890,055 14,745,574 5,815,989 39.44% 5,226,171 589,818 11.29% Water Utility Fund 66,793,248 68,017,282 35,092,882 51.59% 33,706,437 1,386,445 4.11% TOTAL - Operating
Appropriations
877,856,864$ 898,694,383$ 478,966, 232$ 53.30% 406,276,064$ 72,690,168$ 17.89% PRIOR YEAR EXPENSE COMPARISONEXPENDITURES - FISCAL YEAR 2025/26

CITY OF SANTA CLARA

ENTERPRISE OPERATING FUNDS

REVENUE AND EXPENSES - OVERVIEW AND COMPARISON BY FUND
REVENUE - FISCAL YEAR 2025/26 PRIOR YEAR REVENUE COMPARISON

Revenues in the electric (which also includes the Electric Debt Service Fund), water, sewer (which also includes the Sewer Debt Service Fund) and water recycling funds are primarily from customer service charges. The activity levels for these customer service charges also impact the resource and production costs on the expenditure side for these funds. In the Electric Utility Fund, the significant decrease in revenue is attributable to bond proceeds received last fiscal year. Revenue in the Water Recycling Fund is lower than prior year levels due to a reimbursement received last fiscal year.

Expenditures in the Sewer Utility Fund are tracking higher than prior year levels due to the timing of quarterly operations and maintenance payments made for the Regional Wastewater Facility; the third quarter was not recorded until February last fiscal year.

16 City of Santa Clara
Financial Status Report as of January 31, 2026

A summary of revenue and expenses in the Enterprise Capital Improvement Funds is detailed in the tables below. Actual revenue through January 31, 2026, totaled $8.5 million, consisting primarily of developer contributions in the Electric Utility Fund and sewer fees in the Sewer Utility Fund. Enterprise capital fund expenses totaled $64.3 million, or 7.5% of the amended budget. Similar to the general government capital funds, capital funds were carried over from FY 2024/25 as part of the FY 2025/26 and FY 2026/27 budget adoption process for those projects that were not expected to be completed by June 30, 2025. Additional necessary adjustments to the capital carryover amounts based on actual year-end expenditures were included in the Budgetary Year-End Report for FY 2024/25, which was approved by the City Council in December 2025. These actions are reflected in the table below.

Actual
Fund Cu rrent Year Prior Year Total Amended Through Percentage Description Appropriation Carryforward Budget 1/31/2026 Use d Electric Utility Fund 27,041,043$ 13,091,676$ 40,132,719$ 2,405,922$ 5.99% Sewer Utility Fund - - - 6,008,312 N/A Solid Waste Utility Fund 260,653 243,847 504,500 4,088 0.81% Street Lighting (1) - - - 11,695 N/A Water Utility Fund - - - 39,760 N/A TOTAL - Revenue 27,301,696$ 13, 335,523$ 40,637,219$ 8,469,777$ 20.84% Actual
Fund Cu rrent Year Prior Year Total Amended Through Percentage Description Appropriation Carryforward Budget 1/31/2026 Use d Cemetery Fund 10$ 270,479$ 270,489$ -$ 0.00% Convention Center Capital
Fund
1,590,412 2,556, 629 4,147,041 - 0.00% Electric Utility Fund 351,921,281 378,643,486 730,564,767 49,285,817 6.75% Sewer Utility Fund 47,606,403 37,208,230 84,814,633 6,054,063 7.14% Solid Waste Utility Fund 821,876 141,354 963,230 507,674 52.71% Street Lighting (1) 5,837,301 12,872,569 18,709,870 5,015,851 26.81% Water Recycling Fund (338,786) 388, 786 50,000 1,486 2.97% Water Utility Fund 15,033,219 6,891,151 21,924,370 3,400,108 15.51%

TOTAL - CIP
Appropriations
422,471,716$ 438,972, 684$ 861,444,400$ 64,264,999$ 7.46%

CITY OF SANTA CLARA

ENTERPRISE CAPITAL IMPROVEMENT FUNDS

SUMMARY OF EXPENDITURES
EXPENSES - FISCAL YEAR 2025/26

CITY OF SANTA CLARA

ENTERPRISE CAPITAL IMPROVEMENT FUNDS

REVENUE - OVERVIEW AND COMPARISON BY SELECTED FUND
REVENUE - FISCAL YEAR 2025/26

(1) Street Lighting fund is part of Electric Capital Improvement Funds

17 City of Santa Clara
Financial Status Report as of January 31, 2026

Fund Reserves
By policy, City Council established the City’s General Contingency Reserve, under which reserves for Budget Stabilization and Capital Projects were established. • Budget Stabilization Reserve is set aside for weathering economic downturns, emergency financial crisis, or disaster situations. The reserve target is equal to the expenditures of the City’s General Fund operations for three months (90-day or 25% General Fund Adopted Operating Budget).
• Capital Projects Reserve earmarks funds for the Capital Improvement Program.

Other General Reserves and Enterprise Fund Reserves included in this report are highlighted as follows:
• Technology Fee Reserve is set aside to update and/or replace the City’s aging technology and to ensure internal controls are in compliance with current business standards and legal requirements.
• Land Sale Reserve is net proceeds from the sale of City-owned land, with interest earned on these funds available to be appropriated for General Fund operating expenditures. This reserve is available for appropriation by City Council action.
• The Electric Utility Rate Stabilization Reserve and Operations and Maintenance Reserve ensure sufficient operating cash is available to cover day-to-day expenses, address unforeseen cost increases or revenue shortfalls, and ensure debt service coverage. • The Replacement and Improvement Reserve in the Water and Sewer Utility Funds is for future capital improvement.

The table below summarizes select reserve balances.

18 City of Santa Clara
Financial Status Report as of January 31, 2026

DETAIL OF SELECTED FUND RESERVE BALANCES:

GENERAL

FUND ELECTRIC WATER
Budget Stabilization Reserve 81,450,116$
Capital Projects Reserve 21,383,432
Land Sale Reserve 18,561,159
Technology Fee Reserve 2,827,685
Electric Rate Stabilization Fund Reserve 78,000,000$
Electric Operations and Maintenance Reserve 377,000,000 Replacement & Improvement 303,090$
TOTALS 124,222,392$ 455,000,000$ 303,090$

CITY OF SANTA CLARA

RESERVE BALANCES
January 31, 2026

Donations to the City of Santa Clara
Donations received by department during the month of January 2026 and for fiscal year 2025/26 are shown in the table below.

Department Jan-26
Fis cal Year
2025/26
Year
To Date Designated Use
City Manager's Office 50 150 Help Your Neighbor Parks & Recreation 2,170 24,170 Case Management Parks & Recreation 52 2,699 Roberta Jones Jr. Theatre Parks & Recreation 7,550 19, 675 Wade Brummal TOTALS 9,822$ 46, 694$

_____________________________________________________________________

MONTHLY INVESTMENT REPORT

January 2026

City of
Santa Clara
The Center of What 's Possible
City of Santa Clara
Monthly Investment Report

TABLE OF CONTENTS
Page #
1 Summary of Investment Portfolio 1
2 Summary of Investments 5
3 Investment Maturity Distribution Schedule 6
4 Attachment A: Investment Inventory With Market Value 7 5 Attachment B: Statement of Transactions 12
1 CITY

OF SANTA CLARA

SUMMARY OF INVESTMENT PORTFOLIO
All securities held by the City of Santa Clara as of January 31, 2026 were in compliance with the City's Investment Policy Statement regarding current market strategy and long-term goals and objectives. All securities held are rated A or higher by two nationally recognized rating agencies. There is adequate cash flow and maturity of investments to meet the City’s needs for the next six months.

The following table provides the breakdown of the total portfolio among the City, the Sports and Open Space Authority (SOSA), and the Housing Authority (HA)
as of January31, 2026.

On January
31, 2026 the cost value and market value of the City's unrestricted pooled investment portfolio were $1,558,978,957 and $1,569,022,695 respectively.

Investment Strategy and Market Update
The Federal Reserve (Fed) held the federal funds target range unchanged at 3.50% - 3.75% after cutting 25 basis points (bps) in each of its three prior meetings. Two Fed Governors dissented in favor of a 25 bp rate cut, underscoring the difference in opinion within the committee regarding downside risks to the labor market and upside risks to inflation.

December inflation data, as measured by the Consumer Price Index (CPI), continued to show limited progress towards the Fed’s 2% target as headline CPI remained at 2.7% year-over-year. Labor market data continues to show limited layoffs but weak hiring in a continuation of the “no hire, no fire” trend.

The final
estimate of U.S. real gross domestic product (GDP) for 3Q25 affirmed strong momentum into year end with a quarterly annualized rate of 4.4%, the largest increase in two years. Leading the charge was consumption, which grew 3.5% over the quarter, coupled with continued positive impacts of net exports.

The yield on 3-month, 2-year, and 10-year U.S. Treasuries ended the month at 3.65%, 3.52%, and 4.24% representing increases of +3 bps, +5 bps, and +7 bps, respectively.

The ICE BofA 3-month, 2-year, and 10-year U.S. Treasury indices returned +0.29%, +0.19%, and -0.27%, respectively. The short end of the yield curve remains inverted with 3-month Treasury yields above 2-year yields. The intermediate- to long-end of the curve continues to steepen as the difference in yield between the 10- and 2-year U.S. Treasury notes reached its widest level since December 2021.

COST VALUE PERCENTAGE
City $1,557,593,233 99.91%
SOSA 11,598

0.00%
HA 1,374,126 0.09%
Unrestricted $1,558,978,957 100.00%
Restricted Bond Proceeds 2,479,497
Total Investments $1,561,458,454
2 The City's
investment strategy for January 2026 was to invest funds not required to meet current obligations, in securities listed in the prevailing Investment Policy
Statement, with maturities not to exceed five years from date of purchase. This strategy ensures safety of the
City’s funds, provides liquidity to meet the City’s cash needs, and earns a reasonable portfolio return. PFM Asset Management LLC began actively managing the C ity’s securities portfolio on September 1, 2020.

As of January 31, 2026, 46.29% of the City’s portfolio consists of U.S. Treasury Notes, 17.39% consists of investment grade Corporate Notes , 16.43% consists of California Asset Management Program (CAMP) , 8.21% consists of investment grade Mortgage-Backed Securities, 7.27% consists of investment grade Asset -Back Securities, 3.61% consists of Local Agency Investment Fund (LAIF), and 0.48% consists of Negotiable Certificates of Deposit. In addition, City bond proceeds are invested in separate funds and are not included in the calculation of the City’s portfolio yield.

U.S. Treasury Notes

46.29%
Corporate Notes

17.39%
Asset-Backed Securities

7.27%
Negotiable Certificates of
Deposit

0.48%
Mortgage-Backed Securities

8.21%
Money Market Fund

0.16%
Local Agency
Investment Fund (LAIF)

3.61%
California Asset
Management Program
(CAMP)

16.43%
Mutual Fund - Traffic Mitigation
Bond Proceeds

0.16%
3 The City’s securities portfolio is benchmarked against the ICE BAML 1-5 US Treasury Index.

4.04%

4.16%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

4.00%

4.50%

5.00%
Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 Apr-24 Jul-24 Oct-24 Jan-25 Apr-25 Jul-25 Oct-25 Jan-26 Securities Portfolio Yield at Cost vs Index 24-Month Average of Yield at Market Securities Portfolio (yield at cost)
City's Benchmark Index (24-month rolling average market yield) BofA 1-5 AAA-A Corp & Gov't Index (24-month rolling average market yield)

4.14%
T T r r T r r T r T
4 The following table summarizes the investment yields other information of the City’s investment portfolio components, along with comparable-maturity market indices. Also shown are the monthly interest income and aggregate year-to-date income.

Current Month
1/31/2026
Investment Yield
Liquidity Portfolio1 3.83%
LAIF average monthly yield 3.93%

Securities Portfolio2 4.14%
ICE BAML 1-5 US Treasury Index (24-month rolling average market yield) 4.04% ICE BAML 1-5 AAA-A US Corporate & Government Index (24-month rolling average market yield) 4.16%

City Portfolio (Liquidity + Securities) 4.08%

Investment Total Return*
Securities Portfolio 0.24%
ICE BAML 1-5 US Treasury Index 0.16%
ICE BAML 1-5 AAA-A US Corporate & Government Index 0.20%

Average Maturity of Investments (in years)
Liquidity Portfolio1 0.10
Securities Portfolio2 3.05
City Portfolio (Liquidity + Securities) 2.43
ICE BAML 1-5 US Treasury Index 2.70
ICE BAML 1-5 AAA-A US Corporate & Government Index 2.75

Cash Interest Income Current Month3 $ 2,682,993
Cash Interest Income Fiscal Year-To-Date3 $ 33,309,315

1. Consists of CAMP Pool, LAIF, Dreyfus Traffic Mitigation Fund, & Principal Sweep Account

2. Core long term portfolio managed by PFM Asset Management

3. Cash basis
* Total rate of return including earnings, distributions, and capital appreciation/depreciation of all portfolio assets

5 CITY OF SANTA CLARA
SUMMARY OF INVESTMENTS JANUARY 31, 2026

PER
COST % OF INVESTMENT

INVESTMENT TYPE VALUE PORTFOLIO POLICY

U.S. Treasury Notes 722,770,777 46.29% No Limit Corporate Notes 271,561,497 17.39% 25%
Asset-Backed Securities 113,553,159 7.27% 10% Negotiable Certificates of Deposit 7,500,000 0.48% 30% Mortgage-Backed Securities 128,127,669 8.21% 15% Money Market Fund 2,470,213 0.16% 10% Per Fund Local Agency Investment Fund (LAIF) 56,414,735 3.61% $75 M California Asset Management Program (CAMP) 256,580,907 16.43% No Limit Mutual Fund - Traffic Mitigation Bond Proceeds 2,479,497 0.16% 10% Per Fund TOTAL INVESTMENTS $ 1,561,458,454 100.00%

6 INVESTMENT MATURITY DISTRIBUTION
AS OF JANUARY31, 2026

UNRESTRICTED POOLED PORTFOLIO

MATURITY NUMBER OF
(IN MONTHS) COST VALUE INVESTMENTS DISTRIBUTION

DEMAND (a)
$ 213,141,283 (a) 3 16.39%

0 TO 6
73,934,520 7 4.64%

7 TO 12
21,796,770 5 1.27%

13 TO 18
163,009,390 19 10.35%

19 TO 24
158,989,772 16 9.59%

25 TO 30
115,404,906 25 8.87%

31 TO 36
130,308,904 26 9.26%

37 TO 42
176,754,620 21 9.77%

43 TO 48
103,154,530 25 8.20%

49 TO 54
177,440,477 27 11.09%

55 TO 60
133,450,141 15 7.37%

60+
49,880,392 1 3.20%

TOTAL
$ 1,558,978,957 190 100.00%

Average Maturity of Unrestricted Pool: 2.43 Years

(a) $20 million is earmarked for the City's Electric Utility power-trading.

0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
22%
24%

INVESTMENT MATURITY DISTRIBUTION

UNRESTRICTED POOLED PORTFOLIO
AS OF JANUARY 31, 2026
City of Santa Clara Monthly Report
1/31/2026
Sector Description Issue Date Coupon Rate Maturity Date CUSIP Par Value S&P Rating Se ttle Date Cost Value YTM at Cost Market Value Unrealized G/L U.S. Treasury UNITED STATES TREASURY 2/15/2024 4.125% 2/15/2027 91282CKA8 12,205,000.00 AA+ 12/ 19/2024 12,180,208.59 0.00% 12,274,446.45 94,237.86 U.S. Treasury UNITED STATES TREASURY 4/15/2024 4.500% 4/15/2027 91282CKJ9 21,925,000.00 AA+ 11/20/2024 22,050,041.02 4.25% 22,168,148.25 118,107.23 U.S. Treasury UNITED STATES TREASURY 5/15/2017 2.375% 5/15/2027 912828X88 5,400,000.00 AA+ 8/ 8/2022 5,248,546.88 3.01% 5,321,538.00 72,991.12 U.S. Treasury UNITED STATES TREASURY 5/15/2024 4.500% 5/15/2027 91282CKR1 15,280,000.00 AA+ 12/18/2024 15,373,112.50 4.23% 15,460,915.20 87,802.70 U.S. Treasury UNITED STATES TREASURY 5/15/2024 4.500% 5/15/2027 91282CKR1 2,200,000.00 AA+ 9/ 17/2024 2,257,492.19 3.46% 2,226,048.00 -31,444.19 U.S. Treasury UNITED STATES TREASURY 6/17/2024 4.625% 6/15/2027 91282CKV2 27,665,000.00 AA+ 9/ 27/2024 28,426,868.16 3.55% 28,062,822.70 -364,045.46 U.S. Treasury UNITED STATES TREASURY 6/17/2024 4.625% 6/15/2027 91282CKV2 10,000,000.00 AA+ 10/ 16/2024 10,188,671.88 3.87% 10,143,800.00 -44,871.88 U.S. Treasury UNITED STATES TREASURY 6/17/2024 4.625% 6/15/2027 91282CKV2 5,020,000.00 AA+ 10/ 22/2024 5,102,947.66 3.96% 5,092,187.60 -10,760.06 U.S. Treasury UNITED STATES TREASURY 8/1/2022 2.750% 7/31/2027 91282CFB2 9,350,000.00 AA+ 9/14/2022 8,996,818.36 3.60% 9,244,438.50 247,620.14 U.S. Treasury UNITED STATES TREASURY 8/15/1997 6.375% 8/15/2027 912810FA1 9,390,000.00 AA+ 10/ 5/2023 9,913,052.34 4.78% 9,785,788.50 -127,263.84 U.S. Treasury UNITED STATES TREASURY 8/15/2017 2.250% 8/15/2027 9128282R0 4,540,000.00 AA+ 9/ 6/2022 4,304,310.16 3.40% 4,453,830.80 149,520.64 U.S. Treasury UNITED STATES TREASURY 9/30/2022 4.125% 9/30/2027 91282CFM8 7,495,000.00 AA+ 10/11/2024 7,546,528.13 3.88% 7,565,527.95 18,999.82 U.S. Treasury UNITED STATES TREASURY 9/30/2022 4.125% 9/30/2027 91282CFM8 3,785,000.00 AA+ 11/3/2022 3,760,308.79 4.27% 3,820,616.85 60,308.06 U.S. Treasury UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU0 42,865,000.00 AA+ 3/6/2025 43,036,439.69 4.02% 43,282,076.45 245,636.76 U.S. Treasury UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU0 16,115,000.00 AA+ 9/ 17/2024 16,442,335.94 3.43% 16,271,798.95 -170,536.99 U.S. Treasury UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU0 18,960,000.00 AA+ 10/11/2024 19,088,128.13 3.89% 19,144,480.80 56,352.67 U.S. Treasury UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU0 4,255,000.00 AA+ 12/ 13/2022 4,309,517.19 3.83% 4,296,401.15 -13,116.04 U.S. Treasury UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU0 4,750,000.00 AA+ 1/ 31/2023 4,833,310.55 3.72% 4,796,217.50 -37,093.05 U.S. Treasury UNITED STATES TREASURY 11/17/1997 6.125% 11/15/2027 912810FB9 3,100,000.00 AA+ 7/ 24/2024 3,288,058.59 4.14% 3,238,415.00 -49,643.59 U.S. Treasury UNITED STATES TREASURY 11/30/2022 3.875% 11/30/2027 91282CFZ9 7,130,000.00 AA+ 9/ 5/2024 7,182,917.97 3.63% 7,172,067.00 -10,850.97 U.S. Treasury UNITED STATES TREASURY 1/3/2023 3.875% 12/31/2027 91282CGC9 7,325,000.00 AA+ 2/8/2023 7,335,270.52 3.85% 7,370,195.25 34,924.73 U.S. Treasury UNITED STATES TREASURY 1/3/2023 3.875% 12/31/2027 91282CGC9 4,850,000.00 AA+ 2/ 2/2023 4,906,078.13 3.62% 4,879,924.50 -26,153.63 U.S. Treasury UNITED STATES TREASURY 1/3/2023 3.875% 12/31/2027 91282CGC9 5,475,000.00 AA+ 1/31/2023 5,518,415.04 3.70% 5,508,780.75 -9,634.29 U.S. Treasury UNITED STATES TREASURY 1/3/2023 3.875% 12/31/2027 91282CGC9 7,175,000.00 AA+ 9/ 27/2024 7,247,030.27 3.54% 7,219,269.75 -27,760.52 U.S. Treasury UNITED STATES TREASURY 1/31/2023 3.500% 1/31/2028 91282CGH8 855,000.00 AA+ 5/16/2023 855,400.78 3.49% 854,435.70 -965.08 U.S. Treasury UNITED STATES TREASURY 2/28/2023 4.000% 2/29/2028 91282CGP0 8,080,000.00 AA+ 1/26/2024 8,002,541.98 4.05% 8,152,316.00 149,774.02 U.S. Treasury UNITED STATES TREASURY 2/28/2023 4.000% 2/29/2028 91282CGP0 2,450,000.00 AA+ 3/7/2023 2,422,820.31 4.25% 2,471,927.50 49,107.19 U.S. Treasury UNITED STATES TREASURY 2/28/2023 4.000% 2/29/2028 91282CGP0 5,215,000.00 AA+ 10/11/2024 5,230,685.74 3.90% 5,261,674.25 30,988.51 U.S. Treasury UNITED STATES TREASURY 2/28/2023 4.000% 2/29/2028 91282CGP0 7,360,000.00 AA+ 5/ 16/2023 7,532,500.00 3.46% 7,425,872.00 -106,628.00 U.S. Treasury UNITED STATES TREASURY 3/31/2023 3.625% 3/31/2028 91282CGT2 2,680,000.00 AA+ 5/4/2023 2,691,241.91 3.42% 2,684,180.80 -7,061.11 U.S. Treasury UNITED STATES TREASURY 5/1/2023 3.500% 4/30/2028 91282CHA2 5,075,000.00 AA+ 5/2/2023 5,042,488.28 3.64% 5,068,250.25 25,761.97 U.S. Treasury UNITED STATES TREASURY 5/31/2023 3.625% 5/31/2028 91282CHE4 11,735,000.00 AA+ 6/5/2023 11,695,577.73 3.70% 11,751,076.95 55,499.22 U.S. Treasury UNITED STATES TREASURY 5/31/2023 3.625% 5/31/2028 91282CHE4 10,115,000.00 AA+ 3/3/2025 10,002,391.60 3.99% 10,128,857.55 126,465.95 U.S. Treasury UNITED STATES TREASURY 5/31/2023 3.625% 5/31/2028 91282CHE4 8,285,000.00 AA+ 1/26/2024 8,149,074.22 4.04% 8,296,350.45 147,276.23 U.S. Treasury UNITED STATES TREASURY 6/30/2023 4.000% 6/30/2028 91282CHK0 6,025,000.00 AA+ 7/10/2023 5,934,570.68 4.36% 6,085,973.00 151,402.32 U.S. Treasury UNITED STATES TREASURY 7/31/2023 4.125% 7/31/2028 91282CHQ7 4,950,000.00 AA+ 8/2/2023 4,921,962.89 4.25% 5,015,340.00 93,377.11 U.S. Treasury UNITED STATES TREASURY 8/31/2023 4.375% 8/31/2028 91282CHX2 2,900,000.00 AA+ 1/26/2024 2,936,527.61 4.03% 2,955,854.00 19,326.39 U.S. Treasury UNITED STATES TREASURY 10/31/2023 4.875% 10/31/2028 91282CJF9 5,900,000.00 AA+ 1/ 4/2024 6,140,839.84 3.94% 6,094,995.00 -45,844.84 U.S. Treasury UNITED STATES TREASURY 10/31/2023 4.875% 10/31/2028 91282CJF9 5,160,000.00 AA+ 1/ 8/2024 5,355,717.19 4.00% 5,330,538.00 -25,179.19 U.S. Treasury UNITED STATES TREASURY 11/16/1998 5.250% 11/15/2028 912810FF0 11,160,000.00 AA+ 9/ 17/2024 11,969,100.00 3.37% 11,646,464.40 -322,635.60 U.S. Treasury UNITED STATES TREASURY 11/15/2018 3.125% 11/15/2028 9128285M8 1,460,000.00 AA+ 1/22/2026 1,440,039.06 3.64% 1,441,983.60 1,944.54 U.S. Treasury UNITED STATES TREASURY 11/30/2023 4.375% 11/30/2028 91282CJN2 8,025,000.00 AA+ 1/26/2024 8,150,704.10 4.01% 8,189,592.75 38,888.65 U.S. Treasury UNITED STATES TREASURY 1/2/2024 3.750% 12/31/2028 91282CJR3 14,950,000.00 AA+ 1/19/2024 14,770,132.81 4.02% 15,009,501.00 239,368.19 U.S. Treasury UNITED STATES TREASURY 1/2/2024 3.750% 12/31/2028 91282CJR3 6,250,000.00 AA+ 1/4/2024 6,202,148.44 3.92% 6,274,875.00 72,726.56 U.S. Treasury UNITED STATES TREASURY 1/31/2024 4.000% 1/31/2029 91282CJW2 6,400,000.00 AA+ 2/13/2024 6,367,750.00 4.11% 6,470,016.00 102,266.00 U.S. Treasury UNITED STATES TREASURY 1/31/2024 4.000% 1/31/2029 91282CJW2 4,735,000.00 AA+ 9/ 5/2024 4,814,348.24 3.58% 4,786,800.90 -27,547.34 U.S. Treasury UNITED STATES TREASURY 1/31/2024 4.000% 1/31/2029 91282CJW2 5,030,000.00 AA+ 2/14/2024 4,968,107.42 4.28% 5,085,028.20 116,920.78 U.S. Treasury UNITED STATES TREASURY 2/16/1999 5.250% 2/15/2029 912810FG8 8,610,000.00 AA+ 7/24/2024 9,040,500.00 4.04% 9,030,770.70 -9,729.30 U.S. Treasury UNITED STATES TREASURY 2/29/2024 4.250% 2/28/2029 91282CKD2 4,375,000.00 AA+ 9/ 27/2024 4,498,046.88 3.56% 4,454,318.75 -43,728.13 U.S. Treasury UNITED STATES TREASURY 2/29/2024 4.250% 2/28/2029 91282CKD2 2,850,000.00 AA+ 3/7/2024 2,867,923.83 4.11% 2,901,670.50 33,746.67 U.S. Treasury UNITED STATES TREASURY 4/1/2024 4.125% 3/31/2029 91282CKG5 10,050,000.00 AA+ 4/11/2024 9,938,900.39 4.37% 10,196,830.50 257,930.11 U.S. Treasury UNITED STATES TREASURY 4/30/2024 4.625% 4/30/2029 91282CKP5 16,425,000.00 AA+ 4/ 30/2024 16,412,167.97 4.64% 16,915,122.00 502,954.03 U.S. Treasury UNITED STATES TREASURY 4/30/2024 4.625% 4/30/2029 91282CKP5 5,625,000.00 AA+ 8/ 2/2024 5,809,570.31 3.86% 5,792,850.00 -16,720.31 2/11/2026 1:18 PM 1 of 5
Attachment A
City of Santa Clara Monthly Report
1/31/2026
Sector Description Issue Date Coupon Rate Maturity Date CUSIP Par Value S&P Rating Se ttle Date Cost Value YTM at Cost Market Value Unrealized G/L U.S. Treasury UNITED STATES TREASURY 5/31/2024 4.500% 5/31/2029 91282CKT7 4,950,000.00 AA+ 6/7/2024 4,993,892.58 4.30% 5,080,333.50 86,440.92 U.S. Treasury UNITED STATES TREASURY 7/1/2024 4.250% 6/30/2029 91282CKX8 24,360,000.00 AA+ 9/ 5/2024 25,072,406.07 3.58% 24,817,724.40 -254,681.67 U.S. Treasury UNITED STATES TREASURY 7/1/2024 4.250% 6/30/2029 91282CKX8 1,100,000.00 AA+ 8/15/2024 1,128,316.41 3.67% 1,120,669.00 -7,647.41 U.S. Treasury UNITED STATES TREASURY 7/1/2024 4.250% 6/30/2029 91282CKX8 16,955,000.00 AA+ 7/ 3/2024 16,858,965.82 4.38% 17,273,584.45 414,618.63 U.S. Treasury UNITED STATES TREASURY 7/1/2024 4.250% 6/30/2029 91282CKX8 7,590,000.00 AA+ 7/ 3/2024 7,538,411.72 4.40% 7,732,616.10 194,204.38 U.S. Treasury UNITED STATES TREASURY 7/31/2024 4.000% 7/31/2029 91282CLC3 9,575,000.00 AA+ 9/ 17/2024 9,819,237.30 3.43% 9,679,750.50 -139,486.80 U.S. Treasury UNITED STATES TREASURY 8/31/2022 3.125% 8/31/2029 91282CFJ5 10,650,000.00 AA+ 9/27/2024 10,429,095.70 3.59% 10,452,762.00 23,666.30 U.S. Treasury UNITED STATES TREASURY 9/3/2024 3.625% 8/31/2029 91282CLK5 12,700,000.00 AA+ 9/ 5/2024 12,736,214.84 3.56% 12,676,251.00 -59,963.84 U.S. Treasury UNITED STATES TREASURY 9/3/2024 3.625% 8/31/2029 91282CLK5 1,870,000.00 AA+ 9/3/2024 1,864,156.25 3.69% 1,866,503.10 2,346.85 U.S. Treasury UNITED STATES TREASURY 9/30/2024 3.500% 9/30/2029 91282CLN9 5,575,000.00 AA+ 10/10/2024 5,481,792.97 3.87% 5,539,487.25 57,694.28 U.S. Treasury UNITED STATES TREASURY 9/30/2024 3.500% 9/30/2029 91282CLN9 5,185,000.00 AA+ 10/8/2024 5,101,756.45 3.86% 5,151,971.55 50,215.10 U.S. Treasury UNITED STATES TREASURY 10/31/2024 4.125% 10/31/2029 91282CLR0 3,175,000.00 AA+ 10/31/2024 3,172,395.51 4.14% 3,222,117.00 49,721.49 U.S. Treasury UNITED STATES TREASURY 10/31/2024 4.125% 10/31/2029 91282CLR0 1,140,000.00 AA+ 11/15/2024 1,131,539.06 4.29% 1,156,917.60 25,378.54 U.S. Treasury UNITED STATES TREASURY 12/2/2024 4.125% 11/30/2029 91282CMA6 13,100,000.00 AA+ 12/6/2024 13,123,539.06 4.08% 13,294,404.00 170,864.94 U.S. Treasury UNITED STATES TREASURY 12/2/2024 4.125% 11/30/2029 91282CMA6 2,700,000.00 AA+ 12/31/2024 2,672,472.66 4.36% 2,740,068.00 67,595.34 U.S. Treasury UNITED STATES TREASURY 12/2/2024 4.125% 11/30/2029 91282CMA6 5,200,000.00 AA+ 12/13/2024 5,178,265.63 4.22% 5,277,168.00 98,902.37 U.S. Treasury UNITED STATES TREASURY 1/31/2025 4.250% 1/31/2030 91282CMG3 5,100,000.00 AA+ 2/5/2025 5,081,200.85 4.33% 5,199,603.00 118,402.15 U.S. Treasury UNITED STATES TREASURY 1/31/2025 4.250% 1/31/2030 91282CMG3 10,000.00 AA+ 1/31/2025 9,970.70 4.32% 10,195.30 224.60 U.S. Treasury UNITED STATES TREASURY 1/31/2025 4.250% 1/31/2030 91282CMG3 1,115,000.00 AA+ 2/6/2025 1,115,261.33 4.24% 1,136,775.95 21,514.62 U.S. Treasury UNITED STATES TREASURY 2/28/2023 4.000% 2/28/2030 91282CGQ8 6,085,000.00 AA+ 3/ 6/2025 6,054,099.61 4.11% 6,146,580.20 92,480.59 U.S. Treasury UNITED STATES TREASURY 5/31/2023 3.750% 5/31/2030 91282CHF1 3,945,000.00 AA+ 6/5/2025 3,900,310.55 4.00% 3,944,250.45 43,939.90 U.S. Treasury UNITED STATES TREASURY 7/31/2025 3.875% 7/31/2030 91282CNN7 5,325,000.00 AA+ 8/ 28/2025 5,362,441.41 3.72% 5,349,548.25 -12,893.16 U.S. Treasury UNITED STATES TREASURY 7/31/2025 3.875% 7/31/2030 91282CNN7 4,250,000.00 AA+ 8/ 20/2025 4,260,458.98 3.82% 4,269,592.50 9,133.52 U.S. Treasury UNITED STATES TREASURY 9/2/2025 3.625% 8/31/2030 91282CNX5 32,665,000.00 AA+ 9/ 3/2025 32,492,374.62 3.74% 32,458,230.55 -34,144.07 U.S. Treasury UNITED STATES TREASURY 9/2/2025 3.625% 8/31/2030 91282CNX5 3,610,000.00 AA+ 9/ 11/2025 3,616,909.77 3.58% 3,587,148.70 -29,761.07 U.S. Treasury UNITED STATES TREASURY 9/30/2025 3.625% 9/30/2030 91282CPA3 6,050,000.00 AA+ 10/ 31/2025 6,029,047.54 3.71% 6,009,344.00 -19,703.54 U.S. Treasury UNITED STATES TREASURY 9/30/2025 3.625% 9/30/2030 91282CPA3 1,500,000.00 AA+ 10/2/2025 1,495,781.25 3.69% 1,489,920.00 -5,861.25 U.S. Treasury UNITED STATES TREASURY 10/31/2023 4.875% 10/31/2030 91282CJG7 7,250,000.00 AA+ 11/20/2025 7,631,474.61 3.70% 7,590,097.50 -41,377.11 U.S. Treasury UNITED STATES TREASURY 12/1/2025 3.500% 11/30/2030 91282CPN5 10,000,000.00 AA+ 12/ 5/2025 9,942,968.75 3.63% 9,871,100.00 -71,868.75 U.S. Treasury UNITED STATES TREASURY 12/31/2025 3.625% 12/31/2030 91282CPR6 6,770,000.00 AA+ 1/ 5/2026 6,740,971.15 3.73% 6,716,584.70 -24,386.45 U.S. Treasury UNITED STATES TREASURY 12/31/2025 3.625% 12/31/2030 91282CPR6 155,000.00 AA+ 12/31/2025 154,467.19 3.70% 153,777.05 -690.14 U.S. Treasury UNITED STATES TREASURY 12/1/2025 3.750% 11/30/2032 91282CPM7 50,430,000.00 AA+ 12/23/2025 49,880,391.80 3.93% 49,618,581.30 -261,810.50 U.S. Treasury Bond / Note Subtotal 719,070,000.00 722,770,777.03 725,206,858.55 2,436,081.52 Federal Agency Commercial
Mortgage-Backed Security FANNIE MAE-ACES 7/1/2023 4.181% 7/1/2028 3136BQDE6 8,351,478.95 AA+ 11/30/2023 8,027,532.69 5.14% 8,392,317.73 364,785.04 Federal Agency Commercial
Mortgage-Backed Security FANNIE MAE-ACES 7/1/2023 4.181% 7/1/2028 3136BQDE6 7,253,856.05 AA+ 7/31/2023 7,130,880.52 4.58% 7,289,327.36 158,446.84 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 1/1/2017 3.347% 11/1/2026 3137BTUM1 5,090,258.06 AA+ 5/24/2023 4,933,573.58 4.29% 5,065,672.11 132,098.53 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 5/1/2017 3.224% 3/1/2027 3137BXQY1 8,000,000.00 AA+ 8/18/2023 7,546,250.00 4.94% 7,951,680.00 405,430.00 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 7/1/2017 3.243% 4/1/2027 3137F1G44 4,545,000.00 AA+ 8/18/2023 4,285,260.35 4.93% 4,515,412.05 230,151.70 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 8/1/2017 3.117% 6/1/2027 3137F2LJ3 6,525,000.00 AA+ 8/22/2023 6,101,894.53 4.97% 6,469,798.50 367,903.97 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 7/1/2023 4.819% 6/1/2028 3137HACX2 7,500,000.00 AA+ 7/20/2023 7,574,910.00 4.59% 7,646,550.00 71,640.00 Federal Agency Commercial
Mortgage-Backed Sec
urity

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 7/1/2023 4.777% 6/1/2028 3137HAD45 5,965,481.62 AA+ 7/27/2023 5,965,332.51 4.78% 6,012,787.89 47,455.38 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 10/1/2023 4.740% 8/1/2028 3137HAQ74 5,750,000.00 AA+ 10/19/2023 5,623,868.00 5.25% 5,861,377.50 237,509.50 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 2/1/2025 4.850% 1/1/2030 3137HJZY6 9,019,000.00 AA+ 2/27/2025 9,076,532.20 4.70% 9,288,397.53 211,865.33 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 4/1/2025 4.478% 1/1/2030 3137HKQC1 10,570,000.00 AA+ 4/10/2025 10,643,049.27 4.32% 10,751,064.10 108,014.83 2/11/2026 1:18 PM 2 of 5
Attachment A
City of Santa Clara Monthly Report
1/31/2026
Sector Description Issue Date Coupon Rate Maturity Date CUSIP Par Value S&P Rating Se ttle Date Cost Value YTM at Cost Market Value Unrealized G/L Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 4/1/2025 4.410% 1/1/2030 3137HKXJ8 4,010,000.00 AA+ 4/24/2025 4,009,859.65 4.41% 4,068,906.90 59,047.25 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 3/1/2025 4.430% 2/1/2030 3137HKPF5 5,960,000.00 AA+ 3/20/2025 5,959,934.44 4.43% 6,052,141.60 92,207.16 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 5/1/2025 4.513% 2/1/2030 3137HLJA1 4,285,000.00 AA+ 5/29/2025 4,284,880.02 4.51% 4,363,758.30 78,878.28 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 6/1/2025 4.348% 2/1/2030 3137HLXV9 11,370,000.00 AA+ 6/12/2025 11,369,590.68 4.35% 11,507,690.70 138,100.02 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 9/1/2025 4.361% 5/1/2030 3137HN4R6 7,245,000.00 AA+ 9/ 18/2025 7,353,573.57 4.01% 7,332,809.40 -20,764.17 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 9/1/2025 4.421% 5/1/2030 3137HN6B9 6,945,000.00 AA+ 9/29/2025 7,048,959.71 4.06% 7,045,008.00 -3,951.71 Federal Agency Commercial
Mortgage-Backed Security

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 7/1/2025 4.329% 6/1/2030 3137HMC65 11,192,000.00 AA+ 7/17/2025 11,191,787.35 4.33% 11,317,238.48 125,451.13 Federal Agency Commercial
Mortgage-Backed Security Subtotal 129,577,074.68 128,127,669.07 130,931,938.15 2,804,269.08 Corporate Note ADOBE INC 4/4/2024 4.800% 4/4/2029 00724PAF6 1,635,000.00 A+ 4/4/2024 1,632,563.85 4.83% 1,678,507.35 45,943.50 Corporate Note ADOBE INC 4/4/2024 4.800% 4/4/2029 00724PAF6 1,340,000.00 A+ 4/4/2024 1,337,762.20 4.84% 1,375,657.40 37,895.20 Corporate Note ALPHABET INC 8/9/2016 1.998% 8/15/2026 02079KAC1 5,740,000.00 AA+ 1/30/2023 5,354,386.80 4.05% 5,690,291.60 335,904.80 Corporate Note ALPHABET INC 11/6/2025 4.100% 11/15/2030 02079KAW7 5,725,000.00 AA+ 11/17/2025 5,734,331.75 4.06% 5,729,580.00 -4,751.75 Corporate Note AMAZON.COM INC 4/13/2022 3.300% 4/13/2027 023135CF1 6,715,000.00 AA 4/ 25/2022 6,672,964.10 3.44% 6,689,080.10 16,116.00 Corporate Note AMAZON.COM INC 11/20/2025 4.100% 11/20/2030 023135CT1 11,500,000.00 AA 11/20/2025 11,487,695.00 4.12% 11,501,035.00 13,340.00 Corporate Note ASTRAZENECA FINANCE LLC 2/26/2024 4.850% 2/26/2029 04636NAL7 8,500,000.00 A+ 6/27/2025 8,689,040.00 4.19% 8,721,595.00 32,555.00 Corporate Note BANK OF NY MELLON CORP 4/22/2025 4.729% 4/20/2029 06405LAH4 8,000,000.00 AA- 4/ 28/2025 8,093,600.00 4.40% 8,135,760.00 42,160.00 Corporate Note BANK OF NY MELLON CORP 1/22/2026 4.026% 1/22/2030 06406RCG0 7,945,000.00 A 1/28/2026 7,931,016.80 4.07% 7,937,770.05 6,753.25 Corporate Note BANK OF NY MELLON CORP 1/22/2026 4.026% 1/22/2030 06406RCG0 1,085,000.00 A 1/22/2026 1,085,000.00 4. 03% 1,084,012.65 -987.35 Corporate Note BLACKROCK INC 3/28/2017 3.200% 3/15/2027 09247XAN1 4,140,000.00 AA- 5/18/2022 4,086,055.80 3.50% 4,117,519.80 31,464.00 Corporate Note BLACKROCK INC 3/28/2017 3.200% 3/15/2027 09247XAN1 4,140,000.00 AA- 5/18/2022 4,085,352.00 3.50% 4,117,519.80 32,167.80 Corporate Note BLACKROCK INC 3/14/2024 4.700% 3/14/2029 09290DAA9 2,924,000.00 AA- 4/ 11/2024 2,911,222.12 4.80% 2,992,216.92 80,994.80 Corporate Note BLACKROCK INC 3/14/2024 4.700% 3/14/2029 09290DAA9 350,000.00 AA- 3/14/2024 349,366.50 4.74% 358,165.50 8,799.00 Corporate Note BOFA SECURITIES INC. 8/18/2023 5.526% 8/18/2026 06428CAA2 4,000,000.00 A+ 8/ 18/2023 3,998,360.00 5.54% 4,031,280.00 32,920.00 Corporate Note BOFA SECURITIES INC. 4/22/2021 1.734% 7/22/2027 06051GJS9 1,420,000.00 A- 8/10/2022 1,281,251.80 3.92% 1,405,118.40 123,866.60 Corporate Note BOFA SECURITIES INC. 1/24/2025 4.979% 1/24/2029 06051GMK2 4,980,000.00 A- 4/2/2025 5,035,178.40 4.66% 5,071,980.60 36,802.20 Corporate Note CATERPILLAR FINL SERVICE 1/8/2026 4.150% 1/8/2031 14913UBH2 1,235,000.00 A 1 /8/2026 1,234,555.40 4. 16% 1,234,184.90 -370.50 Corporate Note CISCO SYSTEMS INC 2/24/2025 4.750% 2/24/2030 17275RBX9 10,000,000.00 AA- 4/ 22/2025 10,124,500.00 4.46% 10,266,600.00 142,100.00 Corporate Note CISCO SYSTEMS INC 2/24/2025 4.750% 2/24/2030 17275RBX9 6,800,000.00 AA- 4/ 30/2025 6,955,924.00 4.22% 6,981,288.00 25,364.00 Corporate Note CITIGROUP GLOBAL MARKETS 9/29/2023 5.803% 9/29/2028 17325FBB3 11,225,000.00 A+ 9/ 29/2023 11,225,000.00 5.80% 11,759,534.50 534,534.50 Corporate Note ELI LILLY & COMPANY 2/12/2025 4.550% 2/12/2028 532457CU0 6,500,000.00 A+ 6/27/2025 6,578,910.00 4.06% 6,606,535.00 27,625.00 Corporate Note ELI LILLY & COMPANY 8/14/2024 4.200% 8/14/2029 532457CQ9 1,555,000.00 A+ 8/14/2024 1,557,643.50 4.16% 1,571,203.10 13,559.60 Corporate Note ELI LILLY & COMPANY 8/14/2024 4.200% 8/14/2029 532457CQ9 445,000.00 A+ 8/14/2024 444,025.45 4.25% 449,636.90 5,611.45 Corporate Note GOLDMAN SACHS BANK USA 5/21/2024 5.414% 5/21/2027 38151LAG5 8,750,000.00 A+ 5/ 22/2025 8,805,037.50 5.08% 8,787,887.50 -17,150.00 Corporate Note HOME DEPOT INC/THE 9/15/2025 3.950% 9/15/2030 437076DJ8 1,885,000.00 A 9/ 15/2025 1,878,232.85 4.03% 1,876,310.15 -1,922.70 Corporate Note JOHN DEERE CAPITAL CORP 6/17/2021 1.050% 6/17/2026 24422EVR7 5,000,000.00 A 12/8/2021 4,908,600.00 1.47% 4,949,400.00 40,800.00 Corporate Note JOHN DEERE CAPITAL CORP 7/14/2023 4.950% 7/14/2028 24422EXB0 2,800,000.00 A 6/ 25/2025 2,868,544.00 4.09% 2,876,495.99 7,951.99 Corporate Note JOHN DEERE CAPITAL CORP 7/14/2023 4.950% 7/14/2028 24422EXB0 505,000.00 A 7 /14/2023 504,247.55 4.98% 518,796.60 14,549.05 Corporate Note JOHN DEERE CAPITAL CORP 7/14/2023 4.950% 7/14/2028 24422EXB0 605,000.00 A 7 /18/2023 610,874.55 4.73% 621,528.60 10,654.05 Corporate Note JOHNSON & JOHNSON 2/20/2025 4.500% 3/1/2027 478160DG6 4,850,000.00 AAA 3/ 13/2025 4,879,439.50 4.17% 4,893,262.00 13,822.50 Corporate Note

JPMORGAN CHASE FINANCIAL
CO LLC 4/22/2021 1.578% 4/22/2027 46647PCB0 4,100,000.00 A 8/10/2022 3,710,746.00 3.80% 4,078,106.00 367,360.00 Corporate Note

JPMORGAN CHASE FINANCIAL
CO LLC 2/24/2022 2.947% 2/24/2028 46647PCW4 2,925,000.00 A 9/18/2023 2,674,532.25 5.13% 2,893,731.75 219,199.50 Corporate Note

JPMORGAN CHASE FINANCIAL
CO LLC 4/22/2024 5.571% 4/22/2028 46647PEE2 5,000,000.00 A 8/9 /2024 5,103,350.00 4.95% 5,094,250.00 -9,100.00 Corporate Note

JPMORGAN CHASE FINANCIAL
CO LLC 1/24/2025 4.915% 1/24/2029 46647PEU6 2,825,000.00 A 3 /13/2025 2,841,921.75 4.74% 2,876,019.50 34,097.75 2/11/2026 1:18 PM 3 of 5
Attachment A
City of Santa Clara Monthly Report
1/31/2026
Sector Description Issue Date Coupon Rate Maturity Date CUSIP Par Value S&P Rating Se ttle Date Cost Value YTM at Cost Market Value Unrealized G/L Corporate Note

JPMORGAN CHASE FINANCIAL
CO LLC 4/22/2024 5.581% 4/22/2030 46647PEG7 2,750,000.00 A 4 /28/2025 2,835,552.50 4.87% 2,865,170.00 29,617.50 Corporate Note KENVUE INC 10/17/2023 5.050% 3/22/2028 49177JAF9 6,250,000.00 A 6/ 30/2025 6,397,562.50 4.12% 6,387,312.50 -10,250.00 Corporate Note MASTERCARD INC 5/31/2019 2.950% 6/1/2029 57636QAM6 7,500,000.00 A+ 6/27/2024 6,889,875.00 4.82% 7,273,350.00 383,475.00 Corporate Note META PLATFORMS INC 8/9/2024 4.300% 8/15/2029 30303M8S4 5,370,000.00 AA- 8/14/2024 5,385,895.20 4.23% 5,433,151.20 47,256.00 Corporate Note MORGAN STANLEY BANK NA 5/30/2024 5.504% 5/26/2028 61690U8B9 6,105,000.00 A+ 5/31/2024 6,117,881.55 5.45% 6,221,544.45 103,662.90 Corporate Note MORGAN STANLEY BANK NA 5/30/2024 5.504% 5/26/2028 61690U8B9 3,145,000.00 A+ 5/30/2024 3,145,000.00 5.50% 3,205,038.05 60,038.05 Corporate Note

NATIONAL RURAL UTILITIES
COOPERATIVE FI 8/25/2025 4.150% 8/25/2028 63743HFZ0 4,380,000.00 NR 8/25/2025 4,375,094.40 4.19% 4,400,936.40 25,842.00 Corporate Note NATIONAL SECS CLEARING 5/20/2025 4.700% 5/20/2030 637639AQ8 10,000,000.00 AA+ 6/ 27/2025 10,167,800.00 4.32% 10,199,400.00 31,600.00 Corporate Note NATIONAL SECS CLEARING 5/20/2025 4.700% 5/20/2030 637639AQ8 6,825,000.00 AA+ 6/ 27/2025 6,937,134.75 4.32% 6,961,090.50 23,955.75 Corporate Note

NOVARTIS FINANCE
CORPORATION 11/5/2025 4.100% 11/5/2030 66989HAY4 15,630,000.00 AA- 11/5/2025 15,583,110.00 4.17% 15,630,781.50 47,671.50 Corporate Note PACCAR FINANCIAL CORP 1/31/2024 4.600% 1/31/2029 69371RS80 7,000,000.00 A+ 7/30/2024 6,996,080.00 4.61% 7,144,480.00 148,400.00 Corporate Note PEPSICO INC 7/17/2024 4.500% 7/17/2029 713448FX1 4,380,000.00 A+ 7/ 17/2024 4,373,211.00 4.53% 4,466,986.80 93,775.80 Corporate Note PEPSICO INC 2/7/2025 4.600% 2/7/2030 713448GB8 2,380,000.00 A+ 2/ 7/2025 2,376,001.60 4.64% 2,432,264.80 56,263.20 Corporate Note STATE STREET CORP 2/28/2025 4.729% 2/28/2030 857477CW1 9,240,000.00 A 2/28/2025 9,251,365.20 4.70% 9,457,694.40 206,329.20 Corporate Note TARGET CORP 1/24/2022 1.950% 1/15/2027 87612EBM7 4,595,000.00 A 2/1 /2022 4,567,889.50 2.08% 4,522,812.55 -45,076.95 Corporate Note TARGET CORP 1/24/2022 1.950% 1/15/2027 87612EBM7 990,000.00 A 1/24/2022 988,317.00 1.99% 974,447.10 -13,869.90 Corporate Note TOYOTA MOTOR CREDIT CORP 9/11/2023 5.250% 9/11/2028 89236TLB9 5,600,000.00 A+ 9/11/2023 5,590,256.00 5.29% 5,790,176.00 199,920.00 Corporate Note TOYOTA MOTOR CREDIT CORP 1/12/2026 4.200% 1/10/2031 89236TPH2 3,645,000.00 A+ 1/12/2026 3,643,870.05 4.21% 3,638,694.15 -5,175.90 Corporate Note WALMART INC. 4/28/2025 4.350% 4/28/2030 931142FN8 3,220,000.00 AA 4/ 28/2025 3,214,429.40 4.39% 3,271,809.80 57,380.40 Corporate Note WALMART INC. 4/28/2025 4.350% 4/28/2030 931142FN8 6,000,000.00 AA 5/ 2/2025 6,053,940.00 4.15% 6,096,540.00 42,600.00 Corporate Note Subtotal 272,149,000.00 271,561,497.07 275,345,540.87 3,784,043.80 A
sset-Backed Security

AMERICAN EXPRESS CREDIT
ACCOUNT MASTER 9/19/2023 5.230% 9/15/2028 02582JKD1 6,170,000.00 AAA 9/19/2023 6,169,724.20 5.23% 6,224,296.00 54,571.80 Asset-Backed Security

AMERICAN EXPRESS CREDIT
ACCOUNT MASTER 7/22/2025 4.300% 7/15/2030 02582JKV1 6,515,000.00 AAA 7/ 22/2025 6,514,061.19 4.30% 6,593,180.00 79,118.81 Asset-Backed Security BA CREDIT CARD TRUST 12/14/2023 4.980% 11/15/2028 05522RDH8 3,045,000.00 NR 12/ 14/2023 3,044,591.06 4.98% 3,074,597.40 30,006.34 Asset-Backed Security BA CREDIT CARD TRUST 6/12/2025 4.310% 5/15/2030 05522RDK1 5,250,000.00 AAA 6/12/2025 5,249,980.05 4.31% 5,308,800.00 58,819.95 Asset-Backed Security BOFA AUTO TRUST 2024-1 11/21/2023 5.740% 6/15/2028 06054YAC1 3,903,548.11 NR 11/21/2023 3,903,477.46 5.74% 3,939,382.68 35,905.22 Asset-Backed Security

CAPITAL ONE MULTI-ASSET
EXECUTION TRUST 9/16/2025 3.820% 9/15/2030 14041NGF2 7,250,000.00 AAA 9/16/2025 7,248,625.40 3.82% 7,253,697.50 5,072.10 Asset-Backed Security

CHASE AUTO OWNER TRUST
2024-5A 7/30/2025 4.290% 6/25/2030 16145NAC5 3,255,000.00 NR 7/30/2025 3,254,681.99 4.29% 3,283,611.45 28,929.46 Asset-Backed Security CHASE ISSUANCE TRUST 9/15/2023 5.160% 9/15/2028 161571HT4 6,045,000.00 AAA 9/ 15/2023 6,043,324.33 5.17% 6,095,173.50 51,849.17 Asset-Backed Security CHASE ISSUANCE TRUST 1/31/2024 4.600% 1/15/2029 161571HV9 7,605,000.00 AAA 1/ 31/2024 7,603,841.76 4.60% 7,667,513.10 63,671.34 Asset-Backed Security CHASE ISSUANCE TRUST 7/25/2025 4.160% 7/15/2030 161571HZ0 9,190,000.00 AAA 7/ 25/2025 9,189,815.28 4.16% 9,273,353.30 83,538.02 Asset-Backed Security

CITIBANK CREDIT CARD
ISSUANCE TRUST 6/26/2025 4.300% 6/21/2030 17305EHA6 11,485,000.00 AAA 6/26/2025 11,481,884.12 4.31% 11,603,525.20 121,641.08 Asset-Backed Security FIFTH THIRD AUTO TRUST 8/23/2023 5.530% 8/15/2028 31680EAD3 2,881,325.49 AAA 8/23/2023 2,881,146.85 5.53% 2,905,932.01 24,785.16 Asset-Backed Security

GM FINANCIAL SECURITIZED
TERM AUTO RECE 1/17/2024 4.850% 12/18/2028 36268GAD7 624,554.75 NR 1/17/2024 624,429.15 4.85% 628,633.09 4,203.94 Asset-Backed Security

GM FINANCIAL SECURITIZED
TERM AUTO RECE 5/14/2025 4.280% 4/16/2030 362549AD9 1,965,000.00 AAA 5/ 14/2025 1,964,710.75 4.28% 1,978,853.25 14,142.50 Asset-Backed Security

HYUNDAI AUTO RECEIVABLES
TRUST 2024-C 11/13/2023 5.540% 10/16/2028 44918CAD4 1,828,606.56 AAA 11/13/2023 1,828,366.09 5.54% 1,842,357.68 13,991.59 Asset-Backed Security

HYUNDAI AUTO RECEIVABLES
TRUST 2024-C 3/12/2025 4.320% 10/15/2029 44935CAD3 6,570,000.00 AAA 3/12/2025 6,569,030.93 4.32% 6,620,851.80 51,820.87 Asset-Backed Security

HYUNDAI AUTO RECEIVABLES
TRUST 2024-C 6/11/2025 4.360% 12/17/2029 44935XAD7 2,825,000.00 AAA 6/11/2025 2,824,744.90 4.36% 2,853,673.75 28,928.85 Asset-Backed Security

HYUNDAI AUTO RECEIVABLES
TRUST 2024-C 9/17/2025 3.880% 4/15/2030 44935JAD8 5,770,000.00 AAA 9/17/2025 5,769,058.34 3. 88% 5,777,154.80 8,096.46
Asset-Backed Security

KUBOTA CREDIT OWNER TRUST
2024-2A 2/19/2025 4.670% 6/15/2029 50117FAC5 4,065,000.00 NR 2/19/2025 4,064,860.57 4.67% 4,121,381.55 56,520.98 2/11/2026 1:18 PM 4 of 5
Attachment A
City of Santa Clara Monthly Report
1/31/2026
Sector Description Issue Date Coupon Rate Maturity Date CUSIP Par Value S&P Rating Se ttle Date Cost Value YTM at Cost Market Value Unrealized G/L Asset-Backed Security

TOYOTA AUTO RECEIVABLES
OWNER TRUST COM 11/14/2023 5.540% 8/15/2028 89239FAD4 1,328,929.87 AAA 11/14/2023 1,328,786.61 5.54% 1,343,375.34 14,588.73 Asset-Backed Security

TOYOTA AUTO RECEIVABLES
OWNER TRUST COM 4/30/2025 4.340% 11/15/2029 89231HAD8 4,385,000.00 AAA 4/30/2025 4,384,748.74 4.34% 4,419,378.40 34,629.66 Asset-Backed Security

TOYOTA AUTO RECEIVABLES
OWNER TRUST COM 7/30/2025 4.110% 3/15/2030 89238VAD0 4,705,000.00 AAA 7/30/2025 4,704,504.09 4.11% 4,734,029.85 29,525.76 Asset-Backed Security

VOLKSWAGEN AUTO LOAN
ENHANCED TRUST 202 3/25/2025 4.500% 8/20/2029 92868MAD1 6,905,000.00 NR 3/25/2025 6,904,765.23 4.50% 6,974,326.20 69,560.97 Asset-Backed Security Subtotal 113,566,964.77 113,553,159.09 114,517,077.85 963,918.76 Certificate of Deposit COOPERAT RABOBANK UA/NY 7/20/2023 5.080% 7/17/2026 21684LGS5 7,500,000.00 A-1 7 /20/2023 7,500,000.00 5.08% 7,555,425.00 55,425.00 Certificate of Deposit Subtotal 7,500,000.00 7,500,000.00 7,555,425.00 55,425.00 Cash Equivalent

PRINCIPAL PUBLIC DEPOSIT
SWEEP PROGRAM 1.800% 2/1/2026 992995944 2,470,212.67 9/1/2020 2,470,212.67 2,470,212.67 - Cash Equivalent

LOCAL AGENCY INVESTMENT
FUND 3.930% 2/1/2026 56,414,735.05 9/30/1997 56,414,735.05 56,414,735.05 - Cash Equivalent

CALIFORNIA ASSET
MANAGEMENT PROGRAM 3.850% 2/1/2026 196,580,907.31 10/4/2022 196,580,907.31 196,580,907.31 - Cash Equivalent

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 3.910% 2/24/2026 15,000,000.00 11/7/2025 15,000,000.00 15,000,000.00 - Cash Equivalent

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 3.910% 3/6/2026 10,000,000.00 12/2/2025 10,000,000.00 10,000,000.00 - Cash Equivalent

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 3.710% 4/6/2026 15,000,000.00 1/6/2026 15,000,000.00 15,000,000.00 - Cash Equivalent

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 3.740% 4/22/2026 10,000,000.00 12/24/2025 10,000,000.00 10,000,000.00 - Cash Equivalent

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 3.700% 5/18/2026 10,000,000.00 1/20/2026 10,000,000.00 10,000,000.00 - Cash Equivalent DREYF
US TREASURY 3.580% 2/1/2026 2,479,496.58 10/31/1997 2,479,496.58 2,479,496.58 - Cash Equivalent Subtotal 317,945,351.61 317,945,351.61 317,945,351.61 - Grand Total Count 191 1,559,808,391.07 1,561,458,453.87 1,571,502,192.03 10,043,738.16 2/11/2026 1:18 PM 5 of 5
Attachment A
PAGE 23

STATEMENT OF TRANSACTIONS CITY OF SANTA CLARA- CUSTODY
FOR THE PERIOD JANUARY 1, 2026 THROUGH JANUARY 31, 2026 ACCOUNT NUMBER XXXXXXXX ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

CASH EQUIVALENTS
01/20/26 INTEREST RECEIVED 190,500.00
COOPERAT RABOBANK CD 5.080% 7/17/26
CUSIP 21684LGS5
INTEREST ON 7,500,000.000 UNITS
01/02/26 INTEREST RECEIVED 5,224.17

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
INTEREST FROM 12/1/25 THROUGH
12/31/25
01/31/26 3,540,194.03 CASH SWEEP PURCHASES FOR STMT PERIOD 3,540,194.03- 3,540,194.03

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
10 TRANSACTIONS
01/31/26 1,243,729.1- CASH SWEEP SALES FOR STMT PERIOD 1,243,729.10 1,243,729.10-

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
3 TRANSACTIONS

BONDS & NOTES
01/22/26 1,435,000- SOLD 1,439,606.35 1,433,765.90- 5,840.45 ALPHABET INC 3.875% 11/15/28
CUSIP 02079KAV9
AT $100.3210 ON TRADE DATE 01/21/2026
TO SETTLE ON 01/22/2026
NBCN INC.
01/22/26 ACCRUED INTEREST ON SALE 11,739.10
ALPHABET INC 3.875% 11/15/28
CUSIP 02079KAV9
Attachment B
PAGE 24

STATEMENT OF TRANSACTIONS

REALIZED

MERRILL LYNCH, PIERCE, FENNER
01/28/26 ACCRUED INTEREST ON PURCHASE 5,331.10-
BANK NEW YORK V-D 4.026% 1/22/30
CUSIP 06406RCG0
Attachment B
PAGE 25

STATEMENT OF TRANSACTIONS

REALIZED

PERSHING
01/20/26 ACCRUED INTEREST ON SALE 3,887.92
BANK OF NY MELLON CO 0.750% 1/28/26
CUSIP 06406RAQ0
01/28/26 INTEREST RECEIVED 29,681.25
BANK OF NY MELLON CO 0.750% 1/28/26
CUSIP 06406RAQ0
INTEREST ON 7,915,000.000 UNITS
01/28/26 7,915,000- MATURED 7,915,000.00 7,937,795.20- 22,795.20- BANK OF NY MELLON CO 0.750% 1/28/26
CUSIP 06406RAQ0
AT $100.0000 ON TRADE DATE 01/28/2026
Attachment B
PAGE 26

STATEMENT OF TRANSACTIONS

REALIZED

CITIGROUP GBL MKTS/SALOMON BRO
01/26/26 INTEREST RECEIVED 11,636.63
CHASE AUTO ABS 4.290% 6/25/30
CUSIP 16145NAC5
$0.00358/PV ON 3,255,000.00 PV
DUE 1/25/26
01/15/26 INTEREST RECEIVED 31,858.67
CHASE ISSUANCE ABS 0.000% 7/15/30
CUSIP 161571HZ0
$0.00347/PV ON 9,190,000.00 PV
DUE 1/15/26
01/15/26 INTEREST RECEIVED 29,152.50
CHASE ISSUANCE ABS 4.600% 1/16/29
CUSIP 161571HV9
$0.00383/PV ON 7,605,000.00 PV
DUE 1/15/26
Attachment B
PAGE 27

STATEMENT OF TRANSACTIONS

REALIZED

STATEMENT OF TRANSACTIONS

REALIZED

STATEMENT OF TRANSACTIONS

REALIZED

STATEMENT OF TRANSACTIONS

REALIZED

BALANCE TO CUSTODIAN
01/30/26 0.08- SHARE ADJUSTMENT
FNMA SER M6 CMO V-M 4.181% 7/25/28
CUSIP 3136BQDE6

BALANCE TO CUSTODIAN
01/16/26 INTEREST RECEIVED 7,008.50
GM FINANCIAL ABS 4.280% 4/16/30
CUSIP 362549AD9
$0.00357/PV ON 1,965,000.00 PV
DUE 1/16/26
Attachment B
PAGE 31

STATEMENT OF TRANSACTIONS

REALIZED

STATEMENT OF TRANSACTIONS

REALIZED

STATEMENT OF TRANSACTIONS

REALIZED

BANC OF AMERICA SECURITIES LLC
01/05/26 6,770,000 PURCHASED 6,736,943.36- 6,736,943.36 U.S. TREASURY NOTES 3.625% 12/31/30
CUSIP 91282CPR6
AT $99.5117 ON TRADE DATE 01/02/2026
TO SETTLE ON 01/05/2026
HSBC SECURITIES, INC.
01/05/26 ACCRUED INTEREST ON PURCHASE 3,389.68-
U.S. TREASURY NOTES 3.625% 12/31/30
CUSIP 91282CPR6
01/08/26 1,185,000- SOLD 1,180,509.96 1,179,941.44- 568.52 U.S. TREASURY NOTES 3.625% 12/31/30
CUSIP 91282CPR6
AT $99.6211 ON TRADE DATE 01/05/2026
TO SETTLE ON 01/08/2026

CITIGROUP GBL MKTS/SALOMON BRO
Attachment B
PAGE 34

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 01/08/26 ACCRUED INTEREST ON SALE 949.31
U.S. TREASURY NOTES 3.625% 12/31/30
CUSIP 91282CPR6
01/12/26 3,660,000- SOLD 3,649,134.38 3,644,376.08- 4,758.30 U.S. TREASURY NOTES 3.625% 12/31/30
CUSIP 91282CPR6
AT $99.7031 ON TRADE DATE 01/07/2026
TO SETTLE ON 01/12/2026

BMOCM/BONDS
01/12/26 ACCRUED INTEREST ON SALE 4,398.07
U.S. TREASURY NOTES 3.625% 12/31/30
CUSIP 91282CPR6
01/05/26 6,465,000- SOLD 6,505,153.71 6,452,294.53- 52,859.18 U.S. TREASURY NOTES 4.125% 1/31/27
CUSIP 91282CMH1
AT $100.6211 ON TRADE DATE 01/02/2026
TO SETTLE ON 01/05/2026
MORGAN STANLEY & CO.
01/05/26 ACCRUED INTEREST ON SALE 114,499.01
U.S. TREASURY NOTES 4.125% 1/31/27
CUSIP 91282CMH1
01/22/26 1,460,000 PURCHASED 1,440,039.06- 1,440,039.06 US TREASURY NOTE 3.125% 11/15/28
CUSIP 9128285M8
AT $98.6328 ON TRADE DATE 01/21/2026
TO SETTLE ON 01/22/2026
MORGAN STANLEY & CO.
01/22/26 ACCRUED INTEREST ON PURCHASE 8,570.44-
US TREASURY NOTE 3.125% 11/15/28
CUSIP 9128285M8
Attachment B
INVESTMENT AND INSURANCE PRODUCTS ARE:• NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) OR ANY FEDERAL GOVERNMENT AGENCY• NOT A DEPOSIT, OBLIGATION OF, OR GUARANTEED BY ANY BANK OR BANKING AFFILIATE• SUBJECT TO INVESTMENT RISKS AND MAY LOSE VALUE, INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED PAGE 35

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 01/20/26 INTEREST RECEIVED 25,893.75
VOLKSWAGEN AUTO ABS 4.500% 8/20/29
CUSIP 92868MAD1
$0.00375/PV ON 6,905,000.00 PV
DUE 1/20/26
01/22/26 INTEREST RECEIVED 12,311.40
VR BANK OF AMERICA 1.734% 7/22/27
CUSIP 06051GJS9
INTEREST ON 1,420,000.000 UNITS
01/26/26 INTEREST RECEIVED 21,493.34
VR FHLMC MULTIFAMI 3.224% 3/25/27
CUSIP 3137BXQY1
$0.00269/PV ON 8,000,000.00 PV
DUE 1/25/26
================================================================================================================= ENDING BALANCE 0.00 1,245,983,314.93
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
Attachment B
"Principal® I Custody
V Solutions
Attachment 3
Department/Item
Source of
Funds
Use of
Funds Explanation
Miscellaneous Other Revenue /
Non-Departmental -
Materials/Services/Supplies
25,000 25,000 This action recognizes sponsorship funding and appropriates the funding to the Non-Departmental
Materials, Services, and Supplies budget,
specifically for the "Where the Mission Meets the
Moment" campaign (five affirmative Council
votes required to appropriate additional
revenue).
25,000 25,000
Department/Item
Source of
Funds
Use of
Funds Explanation
Revenue from Other Agencies /
Information Technology - SVACA
Billings
20,000 20,000 This action increases the Revenue from Other Agencies estimate and the Information Technology
Department's Silicon Valley Animal Control
Authority (SVACA) appropriation to reflect
reimbursements from SVACA for IT-related
services and support provided (five affirmative
Council votes required to appropriate
additional revenue).

Revenue from Other Agencies /
Public Works - SVACA Billings
25,000 25,000 This action increases the Revenue from Other Agencies estimate and the Department of Public
Works' Silicon Valley Animal Control Authority
(SVACA) appropriation to reflect reimbursements
from SVACA for services and support provided by
the Fleet Division and Facilities Division (five
affirmative Council votes required to
appropriate additional revenue).
45,000 45,000
Department/Item
Source of
Funds
Use of
Funds Explanation
Other Agencies Revenue / USAR
Training Reimbursement
3,520 3,520 This action recognizes Urban Search and Rescue training reimbursements from the Menlo Park Fire
Protection District. Reimbursements were received
for the Hazmat and Trench Rescue Specialist
Training activities (five affirmative Council votes
required to appropriate additional revenue).
3,520 3,520
FY 2025/26 Budget Amendments
General Fund (001)
Expendable Trust Fund (079)
Fire Operating Grant Fund (178)
1 City of Santa Clara
Agenda Report
1500 Warburton Avenue
Santa Clara, CA 95050
santaclaraca.gov
@SantaClaraCity
26-138 Agenda Date: 3/24/2026

REPORT TO COUNCIL

SUBJECT
Action on the City of Santa Clara Federally Funded Grants’ Single Audit Report for Fiscal Year Ended June 30, 2025

BACKGROUND
The City’s annual financial statement audit includes a federally mandated “Single Audit”, which is designed to meet the special reporting requirements of federal granting agencies. These include the Office of Management and Budget’s (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (formerly OMB A-133), which are found in Title 2 CFR Part 200. Title 2 CFR Part 200 establishes uniform administrative requirements, cost principles, and audit requirements for Federal awards to non-Federal entities. The Single Audit rules require that an independent audit be completed on the fair presentation of the financial statements and internal controls for compliance with the administrative requirements of federal awards for agencies with more than $750,000 of federal grant expenditures in a fiscal year. Since the City met this $750,000 threshold, the City hired Maze & Associates to conduct the audit. The Single Audit report is attached.

On March 18, 2026, City staff and Maze & Associates met with the City Council Audit Committee (Committee), which included Committee members Hardy and Gonzalez, with Committee member Chahal absent. During the Committee meeting, Maze & Associates gave a presentation about the audit process, scope of work, and their auditor’s opinion. City staff and Maze & Associates answered questions from Committee members.

The Committee accepted the Single Audit Report presented at the Committee meeting and recommended that the City Council note and file the report at the Mach 24, 2026 City Council meeting. After the City Council meeting, the Single Audit Report will be published on the City’s website.

DISCUSSION
Attached is the Single Audit report for FY 2024-25 (attachment 1). Maze & Associates identified the Homeland Security - Staffing for Adequate Fire and Emergency Response Grant and the Justice - Public Safety Partnership and Community Oriented Policing Services Grant as the major programs to audit. The Single Audit yielded an unmodified or clean opinion. The financial statement audit also yielded an unmodified or clean opinion, however there was a financial statement finding regarding internal control over financial reporting. This was corrected through the year-end financial statement process in September 2025 as noted in the Corrective Action Plan (attachment 2).

Additionally, the Single Audit rules also require the City to report on the status of any audit findings that were identified during the previous year. The Single Audit for FY 2022-23 resulted in a finding City of Santa Clara Printed on 3/20/2026Page 1 of 2
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26-138 Agenda Date: 3/24/2026
related to noncompliance with timely expenditure requirements under the Community Development Block (CDBG) program. The City’s line of credit for the CDBG program was more than 1.5 times the then most recent entitlement grant. The actions staff have taken, and the status of the prior year finding are outlined in the attached Summary Schedule of Prior Audit Findings (attachment 3). The Summary Schedule of Prior Audit Findings also includes an update to the 2024 financial statements finding, reflecting that it was addressed.

ENVIRONMENTAL REVIEW
The action being considered does not constitute a “project” within the meaning of the California Environmental Quality Act (“CEQA”) pursuant to section 15378(b)(5) of Title 14 of the California Code of Regulations in that it is an administrative activity that will not result in direct or indirect physical changes in the environment.

FISCAL IMPACT
The staff and the external auditor costs associated with the audit and financial reports production are included in the annual budget.

RECOMMENDATION
Note and file the City of Santa Clara Single Audit Report for the year ended June 30, 2025, as recommended by the City Council Audit Committee.

Reviewed by: Kenn Lee, Director of Finance
Approved by: Jovan D. Grogan, City Manager

ATTACHMENTS

1. Single Audit Report June 30, 2025

2. Single Audit Current Year Finding - Corrective Action Plan

3. Summary Schedule of Prior Year Finding
City of Santa Clara Printed on 3/20/2026Page 2 of 2
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CITY OF SANTA CLARA

SINGLE AUDIT REPORT
FOR THE YEAR ENDED JUNE 30, 2025
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CITY OF SANTA CLARA

SINGLE AUDIT REPORT
For the Year Ended June 30, 2025

TABLE OF CONTENTS

Page

Schedule of Findings and Questioned Costs .............................................................................. 1

Section I – Summary of Auditor’s Results ......................................................................... 1

Section II – Financial Statement Findings .......................................................................... 2

Section III – Federal Award Fi ndings and Questioned Costs ............................................. 2

Schedule of Expenditure s of Federal Awards ............................................................................ 4

Notes to the Schedule of Expe nditures of Federal Awards ....................................................... 7

Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards ................... 9

Independent Auditor's Report on Compliance for Each Major Federal Program and on Internal Control Over Compliance; and Report on the
Schedule of Expenditures of Federal Awards Required by the Uniform Guidance ...... 11

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CITY OF SANTA CLARA

SCHEDULE OF FINDINGS AND QUESTIONED COSTS
For the Year Ended June 30, 2025
SECTION I – SUMMARY OF AUDITOR’S RESULTS
SECTION I—SUMMARY OF AUDITOR’S RESULTS
Financial Statements
Type of report the auditor issued on whether the financial statements audited were prepared in accordance with GAAP Unmodified Internal control over financial reporting:
• Material weakness(es) identified? X Yes No
• Significant deficiency(ies) identified? Yes X
None
Reported
Noncompliance material to financial statements noted? Yes X No Federal Awards
Internal control over major federal programs:
• Material weakness(es) identified? Yes X No
• Significant deficiency(ies) identified? Yes X
None
Reported
Type of auditor’s report issued on compliance for major federal programs: Unmodified
Any audit findings disclosed that are required to be reported in accordance with 2 CFR 200.516(a)? Yes X No
Identification of major program(s):

Assistance
Listing
Number(s) Name of Federal Program or Cluster

16.710 Public Safety Partnership and Community Policing Grants (COPS)

97.083 Staffing for Adequate Fire and Emergency Response Grant (SAFER) Dollar threshold used to distinguish between type A and type B programs: $750,000
Auditee qualified as low-risk auditee? X Yes No
1 SECTION II – FINANCIAL STATEMENT FINDINGS
Our audit disclosed a material weakness, but no significant deficiencies or instances of noncompliance material to the basic financial statements. We have also issu ed a separate Memorandum on Internal Control dated December 2, 2025 which is an integral part of our audits and should be read in conjunction with this report.

SECTION III – FEDERAL AWARD FINDINGS AND QUESTIONED COSTS Our audit did not disclose any findings or questioned costs required to be reported in accordance with Uniform Guidance.
2 This Page Left intentionally Blank

CITY OF SANTA CLARA

SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
For the Fiscal Year Ended June 30, 2025
Federal Pass-Through Pass-Throu gh
Federal Grantor/ Assistance Listing Identifying To Federal Pass-Through Grantor/Program or Cluster Title Number Number Subrecipients Expenditures U.S. Department of Housing and Urban Development Direct Programs:

CDBG – Entitlement Grants Cluster Entitlements
Community Development Block Grants/Entitlement Grants 14.218 Program Expenditures $1,529,530 $2,796,349
Home Investment Partnerships Program 14.239 520,548 538,735 Total U.S. Department of Housing and Urban Development 2,050,078 3,335,084 U.S. Department of Justice Direct Programs:

Public Safety Partnership and Community Policing Grants 16.710 963,000 Equitable Sharing Program 16.922 211,696
Total U.S. Department of Justice 1,174,696
U.S. Department of Transportation:

Direct Program:

Safe Streets and Roads for All 20.939 314,384
Pass-Through Program From:

California Department of Transportation
Highway Planning and Construction (Federal-Aid Highway Program) Bridge Preventative Maintenance Program 20.205 BPMP-5019(039) 765 Community Project Funding 20.205 CPFL-5019(037) 330,557 Highway Infrastructure Program 20.205 CPFL-5019(038) 386,921 Program Subtotal 718,243
State of California Office of Traffic Safety
Highway Safety Cluster
State and Community Highway Safety
Pedestrian and Bicycle Safety Program 20.600 PS24040 9,628 Pedestrian and Bicycle Safety Program 20.600 PS25020 56,628 Pedestrian and Bicycle Safety Program 20.600 PS25021 50,912 Selective Traffic Enforcement Program (STEP) 20.600 PS25069 402PS-25 17,899 Cluster Subtotal 135,067
Minimum Penalties for Repeat Offenders for Driving While Intoxicated Selective Traffic Enforcement Program (STEP) 20.608 PS25069 164AL-25 12,496 Total U.S. Department of Transportation 1,180,190
U.S. Environmental Protection Agency Pass-Through Programs From:

City of Palo Alto
Geographic Programs - San Francisco Bay Water Quality Improvement Fund 66.126 98T20101 167,751 (Continued)
4 CITY OF SANTA CLARA

Direct Program:

Federal Emergency Management Agency
Assistance to Firefighters Grant 97.044 81,221
Pass-Through Program From:

International Association of Fire Chiefs
Assistant to Firefighters Grant 97.044 EMW-2019-FF-00450 2,398 Program Subtotal 83,619
Direct Program:

Staffing for Adequate Fire and Emergency Response Grant (SAFER) 97.083 4,721,166 Pass-Through Programs From:

California Task Force 3 Urban Search and Rescue
National Urban Search and Rescue (US&R) Response System 97.025 CA-TF3 219,743 California Governor's Office of Emergency Services
Disaster Grants – Public Assistance
(Presidentially Declared Disasters) 97.036 FEMA-4482-DR-CA 477,061 County of Santa Clara Office of Emergency Services
Emergency Management Performance Grants 97.042 EMF-2023-EP00006 47,079 City and County of San Francisco
Homeland Security Grant Program (HSGP)
Bay Area Urban Areas Security Initiative Grant 97.067 NPP 31,500 County of Santa Clara Office of Emergency Services
Homeland Security Grant Program (HSGP) 97.067 SHSGP 50,000 Program Subtotal 81,500
Total U.S. Department of Homeland Security 5,630,168
Total Expenditures of Federal Awards $2,050,078 $11,487,889 See Accompanying Notes to Schedule of Expenditures of Federal Awards 5 This Page Left intentionally Blank

CITY OF SANTA CLARA

NOTES TO THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS For the Year Ended June 30, 2025
NOTE 1 – REPORTING ENTITY
The Schedule of Expenditure of Federal Awards (the Schedule) includes expenditures of federal awards for the City of Santa Clara, California, and its component un its as disclosed in the notes to the Basic Financial Statements, except for federal awards of the Santa Cl ara Stadium Authority (Stadi um Authority). Federal awards expended by the Stadium Authority, if any, are excluded from the Schedule and are subject to a separate Single Audit performed by other auditors.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and reported in the financial statemen ts, regardless of the measurement focus applied. The governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting . The proprietary and fiduciary fund fina ncial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Expenditures of Federal Awards reported on the Schedule are recognized when incurred.

NOTE 3 – INDIRECT COST ELECTION
The City has elected not to use the 10% (October 2023 Revision) or the 15% (April 2024 Revision) de minimis indirect cost rates allowed under the Uniform Guidance.

NOTE 4 – PRIOR YEAR EXPENDITURES
The Department of Homeland Security - Disaster Gr ants – Public Assistance (Presidentially Declared Disasters) (AL# 97.036) Program requires that expenditu res under the program be reported on the Schedule when (1) the Federal Emergency Management Agency’s (FEMA) has approved the City’s project, and (2) the City has incurred the eligible expe nditures. FEMA’s approval of a su baward is indicated when FEMA obligates the federal share of the eligible project cost. The City incurred expenditures related to the COVID- 19 pandemic in fiscal years 2020 and 2021 that were not obligated by FEMA until fiscal year 2025. The current year Schedule includes expenditures from the prior fiscal years in the amount of $477,061. 7 This Page Left intentionally Blank
INDEPENDENT AUDITOR’S REPORT ON

INTERNAL CONTROL OVER FINANCIAL REPORTING

AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN

AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE
WITH

GOVERNMENT AUDITING STANDARDS
To the Honorable Members of the City Council
City of Santa Clara, California
We have audited, in accordance with auditing standard s generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financ ial statements of the gov ernmental activities, the business-type activities, each major fund, and the aggreg ate remaining fund informa tion of the City of Santa Clara as of and for the year ended June 30, 2025, and the related notes to the financial statements, which collectively comprise the City’s basic financial st atements, and have issued our report thereon dated December 2, 2025.

Our report includes a reference to other auditors who au dited the financial statements of City of Santa Clara Stadium Authority for the year ended March 31, 2025 and a reference to other auditors who audited the financial statements the Northern California Power Agency, Transmission Agency of Northern California, M- S-R Energy Authority (MSR EA), M-S-R Public Powe r Agency (MSR PPA), and San Jose-Santa Clara Regional Wastewater Facility and Cl ean Water Financing Authority as of and for the year ended June 30, 2024, related to the calculation of the Investments in Joint Ventures, as desc ribed in our report on the City’s financial statements. This report includes our consider ation of the results of the other auditors’ testing of internal control over financial reporting and compliance and other matters that are reported on separately by those other auditors. However, this report, insofar as it relates to the results of the other auditors, is based solely on the reports of the other auditors. Our report also included emphasis of a matter paragraphs disclosing the City’s implementation of a new accountin g principle and a change in accounting policy, and a restatement related to unearned revenue in the Santa Clara Stadium Authority Enterprise Fund.

Report on Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we cons idered the City’s internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expr essing our opinions on the financial statements, but no t for the purpose of expressing an opinion on the effectiveness of the City’s internal control. Accordingly, we do not express an opinion on the effectiveness of City’s internal control.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to preven t, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the City’s financial statements will not be prevented, or det ected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is le ss severe than a material weakness, yet important enough to merit attention by those charged with governance. 9 Accountancy Corporation
3478 Buskirk Avenue, Suite 217
Pleasant Hill, CA 94523
T 925.228.2800
E [email protected]
w mazeassociates.com
Our consideration of internal control was for the limite d purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and therefore, material wea knesses or significant deficiencies may exist that were not identified. The other auditors identified certain defici encies in internal control that we consider to be material weaknesses as listed on the Schedule of Mate rial Weaknesses included as part of our separately issued Memorandum on Internal Control dated December 2, 2025, which is an integral part of our audit and should be read in conjunction with this report.

Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the City’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and ma terial effect on the financial statements. However, providing an opinion on complian ce with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion.

The results of our tests disclosed no instances of n oncompliance that are required to be reported under Government Auditing Standards.

City’s Response to Findings
Government Auditing Standards requires the auditor to perform limited procedures on the City’s response to the findings identified in our audit and described in our separately issu ed Memorandum on Internal Control dated December 2, 2025, which is an integral part of our audit and should be read in conjunction with this report. The City’s response was not subjected to the other auditing procedures applied in the audit of the financial statements and, accordingly, we express no opinion on the response.

Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opini on on the effectiveness of the City’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City’s internal control and co mpliance. Accordingly, this communication is not suitable for any other purpose.

Pleasant Hill, California
December 2, 2025
10 INDEPENDENT AUDITOR'S REPORT

ON COMPLIANCE FOR EACH MAJOR FEDERAL PROGRAM
AND ON INTERNAL CONTROL OVER COMPLIANCE;

AND REPORT ON THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS

REQUIRED BY THE UNIFORM GUIDANCE
To the Honorable Members of the City Council
City of Santa Clara, California
Report on Compliance for Each Major Federal Program
Opinion on Each Major Federal Program
We have audited City of Santa Clar a’s compliance with the types of comp liance requirements identified as subject to audit in the OMB Compliance Supplement that could have a direct and material effect on each of the City’s major federal programs for the year ended June 30, 2025. The City’s major federal programs are identified in the summary of auditor’s results sec tion of the accompanying Schedule of Findings and Questioned Costs.

The City of Santa Clara’s basic financial statements include the operations of the Santa Clara Stadium Authority (Stadium Authority), which is not included in the Schedule during the year ended June 30, 2025.

Our audit, described below, did not include the oper ations of the Stadium Auth ority, because the Stadium Authority engaged other auditors.

In our opinion, the City complied, in all material respects, with the compliance requirements referred to above that could have a direct and material effect on each of its major federal programs for the year ended June 30, 2025.

Basis for Opinion on Each Major Federal Program
We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America (GAAS); the standards app licable to financial audits contained in Government Auditing Standards, issued by the Comptroller Genera l of the United States; and the audit requirements of Title 2 U.S.

Code of Federal Regulations Part 200, Uniform Administrative Requirement s, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Our responsib ilities under those standards and the Uniform Guidance are further described in the Auditor’s Responsibilities for the Audit of Compliance section of our report.

We are required to be independent of the City and to meet our other ethical responsibilities, in accordance with relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on compliance for each major federal program.

Our audit does not provide a legal determination of the City’s compliance with the compliance requirements referred to above.

Responsibilities of Management for Compliance
Management is responsible for compliance with the requirements referred to above and for the design, implementation, and maintenance of effective internal control over compliance with the requirements of laws, statutes, regulations, rules and provis ions of contracts or grant agreements applicable to the City’s federal programs.
11 Accountancy Corporation
3478 Buskirk Avenue, Suite 217
Pleasant Hill, CA 94523
T 925.228.2800
E [email protected]
w mazeassociates.com

Auditor’s Responsibilities for the Audit of Compliance

Our objectives are to obtain reasonable assurance about whether material noncompliance with the compliance requirements referred to above occurred, whether due to fraud or error, and express an opinion on the City’s compliance based on our audit. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS, Government Auditing Standards, and the Uniform Guidance will always detect material noncompliance when it exists. The risk of not detecting material noncom pliance resulting from fraud is higher than for that resulting from error, as fraud may involve collusion, forger y, intentional omissions, misrepresent ations, or the override of internal control. Noncompliance with the compliance requirements referred to above is considered material, if there is a substantial likelihood that, individually or in the aggregate, it would influen ce the judgment made by a reasonable user of the report on comp liance about the City’s compliance wi th the requirements of each major federal program as a whole.

In performing an audit in accordance with GAAS, Government Auditing Standards , and the Uniform Guidance, we:

• Exercise professional judgment and maintain professional skepticism throughout the audit.

• Identify and assess the risks of material noncompliance, whether due to fraud or error, and design and perform audit procedures responsive to those risk s. Such procedures include examining, on a test basis, evidence regarding the City’s compliance with the compliance requirements referred to above and performing such other procedures as we considered necessary in the circumstances.

• Obtain an understanding of the City’s internal cont rol over compliance relevant to the audit in order to design audit procedures that are appropriate in the circumstances and to test and report on internal control over compliance in accordance with the Uniform Guidance, but not for the purpose of expressing an opinion on the effectiveness of the City’s internal c ontrol over compliance.

Accordingly, no such opinion is expressed.

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and any significant deficiencies and material weaknesses in internal control over compliance that we identified during the audit.

Report on Internal Control Over Compliance

A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal cour se of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in intern al control over compliance is a deficiency, or a combination of deficiencies, in inte rnal control over compliance, such th at there is a reasonable possibility that material noncompliance with a type of comp liance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance.

12 Our consideration of internal control over compliance was for the limited purpose described in the Auditor’s Responsibilities for the Audit of Compliance section above and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies in internal control over compliance. Given these limitations, during our audit we did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses, as defined above. However, material weaknesses or significant de ficiencies in internal control over compliance may exist that were not identified.

Our audit was not designed for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, no such opinion is expressed.

The purpose of this report on internal control over compli ance is solely to describe the scope of our testing of internal control over compliance and the results of th at testing based on the requirements of the Uniform Guidance. Accordingly, this report is not suitable for any other purpose.

Report on Schedule of Expenditures of Federal Awards Required by the Uniform Guidance

We have audited the financial statements of the go vernmental activities, the business-type activities, each major fund, and the aggregate remaini ng funds information of the City as of and for the year ended June 30, 2025, and the related notes to the fi nancial statements, which collectively comprise the City’s basic financial statements. We issued our report thereon dated December 2, 2025, which contained an unmodified opinion on those financial statements. Our report includes a reference to other auditors who audited the financial statements of the City of Santa Clara Stadium Authority for the year ended March 31, 2025 and a reference to other auditors who audited the financial statements the Northern California Po wer Agency, Transmission Agency of Northern California, M-S-R Energy Author ity (MSR EA), M-S-R Public Power Agency (MSR PPA) and San Jose-Santa Clara Regional Wastewater Facility and Clean Water Financing Authority as of and for the year ended June 30, 2024, rela ted to the calculation of the Investme nts in Joint Ventures, as described in our report on the City’s financial statements. Our report, in so far as it relates to the results of the other auditors, is based solely on the report of the other auditors. Our audit was perf ormed for the purpose of forming opinions on the financial st atements that collectively comprise the basic financial statements. The accompanying schedule of expenditures of federal awards is presented for purposes of additional analysis as required by the Uniform Guidance and is not a requi red part of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basi c financial statements. The information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comp aring and reconciling such informat ion directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional proced ures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the schedule of expenditures of federal awards is fairly stated, in all material respects in relation to the basic financial statements as a whole.

Pleasant Hill, California
March 5, 2026
13 This Page Left intentionally Blank

1500 Warburton Avenue ● Santa Clara, CA 95050 ● Phone: 408-615-2340 ● Fax: 408-243-8687 ● SantaClaraCA.gov Finance Department

SINGLE AUDIT
FOR THE YEAR ENDED JUNE 30, 2025

CORRECTIVE ACTION PLAN

FINANCIAL STATEMENT FINDINGS – CURRENT YEAR

SCSA 2025-01 Accounting Treatment for Stadium Builder Licenses (SBL) Defaults

Fiscal Year of Initial Finding: 2025

Name(s) of the contact person: Linh Lam, Assistant Director of Finance

Corrective Action Plan:

This was completed in September 2025 when the Santa Clara Stadium Authority Financial Statements dated March 31, 2025, were issued. Management has since implemented a process to perform an annual review of SBL defaults and recognize the related revenue upon the default date.

Completion Date: September 25, 2025

FEDERAL AWARD FINDINGS – CURRENT YEAR

There are no current year federal award findings.

City of
Santa Clara
The Center of Wh~t·s Possible

1500 Warburton Avenue ● Santa Clara, CA 95050 ● Phone: 408-615-2340 ● Fax: 408-243-8687 ● SantaClaraCA.gov Finance Department

SINGLE AUDIT
FOR THE YEAR ENDED JUNE 30, 2025

SUMMARY SCHEDULE OF PRIOR AUDIT FINDINGS

FINANCIAL STATEMENT FINDINGS – PRIOR AUDIT

SCSA 2024-01 Adoption of New Accounting Pronouncements

Fiscal Year of Initial Finding: 2024

Name(s) of the contact person: Tyler Cook, Principal Financial Analyst

Current Status: Implemented

FEDERAL AWARD FINDINGS – PRIOR AUDIT

Finding Reference Number: SA2023-001
Assistance Listing Number: 14.218
Assistance Listing Title: Community Development Block Grant – Entitlement Grants (CDBG)
Name of Federal Agency: U.S. Department of Housing and Urban Development (HUD)

Name(s) of the contact person:

Adam Marcus, Housing & Community Services Division
Manager

Fiscal Year of Initial Finding: 2022-2023

Current Status:

Since the December 19, 2024 approval of the Timeliness Workplan, the City has made substantial progress toward compliance. Draws have been processed every 4–8 weeks based on expenditures, totaling $2.8 million since January. Four capital projects are currently underway, and required quarterly reports were submitted to HUD on April 15 and June 30, 2025. Housing staff continue to conduct quarterly check-in meetings with the regional HUD representative.

HUD has not issued any additional correspondenc e since the approval letter. The City does not anticipate further action from HUD until compliance is achieved and timeliness is met by the target date of May 2026

Anticipated Completion Date: May 2026

City of
Santa Clara
The Center of What's Possible
City of Santa Clara
Agenda Report
1500 Warburton Avenue
Santa Clara, CA 95050
santaclaraca.gov
@SantaClaraCity
26-218 Agenda Date: 3/24/2026

REPORT TO COUNCIL

SUBJECT
Action to Authorize the City Manager to Negotiate and Execute an Agreement with Anixter Inc. for the Purchase of High-Voltage Circuit Breakers for Silicon Valley Power, for a Total Not-to-Exceed Compensation of $20,842,000 and Approve Related Budget Amendments

BACKGROUND
The City of Santa Clara’s Electric Utility, Silicon Valley Power (SVP), has provided reliable electric service for over 129 years and continues to experience significant growth. To address both near-term and long-term impacts associated with load growth and aging infrastructure, SVP developed a City Council-approved Capital Improvement Strategy focused on maintaining system reliability and supporting future demand.

In addition to implementing this strategy, SVP manages ongoing maintenance projects and conducts annual long-term transmission planning studies to identify potential system constraints, including equipment overloads, and to maintain continued reliable power service. As part of this effort, SVP participates in the California Independent System Operator (CAISO) Transmission Planning Process (TPP), which evaluates system performance under projected load conditions.

Recent studies completed through the CAISO TPP indicate that 35 high-voltage circuit breakers rated at 63kA at the Northern Receiving Station (NRS) are forecasted to be overloaded under certain fault conditions by 2030. To mitigate these projected overloads, replacement of the affected circuit breakers will be required to increase the rating to 80kA. The currently estimated lead time for 80kA breakers is approximately 36 months. In order to meet upgrade timelines for 2030, procurement of circuit breakers is recommended now to accommodate long lead times.

SVP is currently upgrading and expanding the NRS and the new LS Power/230kV line Newark substation (NRS Upgrade Project). The NRS Upgrade Project was awarded to Henkels & McCoy, West, LLC (HMW) on July 8, 2025, (RTC 25-417) in the amount of $59,857,093.14. The City issued a notice to proceed on July 29, 2025, and so far, HMW has billed approximately $1.1 million dollars through October 2025 and is working towards submitting remaining invoices to catch up to present day.

The NRS Upgrade Project requires the purchase and replacement of high-voltage circuit breakers.

The City initially purchased 63kA circuit breakers for the NRS Upgrade Project because they have shorter delivery timelines to align with SVP and LS Power’s energization schedule. Based on more recent studies, SVP has determined there is a need to procure 80kA circuit breakers to ensure system reliability in the long term. Therefore, these 80kA circuit breakers are best suited to meet the City’s needs. As for the 63kA circuit breakers (which have already been purchased and are not part of this 80kA procurement, SVP will put them to good use and be placed in its spare inventory to be City of Santa Clara Printed on 3/20/2026Page 1 of 5
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used for future work and/or customer substations.

DISCUSSION
Pursuant to Section 2.105.140(d) of the Santa Clara City Code (City Code), a formal Request for Bids (RFB) was conducted with the award recommendation based on the lowest responsive and responsible bidder.

The RFB for the purchase of high-voltage circuit breakers was published on the City’s e-procurement system. A total of 55 companies viewed the RFB, and two bids were received from the following firms with the manufacturer they represent appearing in parentheses:
· Anixter, Inc. (Siemens)
· Morgan Ingland, LLC (Larson Electronic, LLC)
Upon initial evaluation, staff deemed Morgan Ingland, LLC’s bid non-responsive for not meeting the minimum qualifications in the RFB and for not being technically compliant.

Anixter, Inc.’s bid was responsive. Accordingly, staff recommend awarding an agreement to Anixter, Inc. (Anixter) as the lowest responsive and responsible bidder.

Staff request authorization to negotiate and execute an agreement with Anixter for the purchase of 35 high-voltage circuit breakers for a total not-to-exceed amount of $20,842,000, inclusive of estimated taxes and an approximately 20% contingency. The contingency includes allowances for potential tariff impacts, optional field support services, additional circuit breakers (if needed), and unanticipated system requirements.

The technical specifications for the high-voltage circuit breakers are attached for reference to describe the equipment being procured. The final agreement terms are currently under negotiation and will be finalized prior to execution.

A summary of equipment pricing and total compensation is provided in Table 1 below.

Table 1: High-Voltage Circuit Breakers Compensation Summary Description Quantity Unit Cost Extended Cost
High-Voltage Circuit Breakers, 145kV,
4000A, 80kA, 650kV BIL, SF6, dead tank,
outdoor, free standing circuit breakers
complete with bushings, operator, bushing
current transformers, SF6 gas, etc.,
including the dynamic rating
communication device monitors
35 $454,592 $15,910,720
Spare bushing, trip coil, close coil, and
motor
4 N/A $4,775
Subtotal (Equipment Price) $15,915,495
Estimated Taxes (9.125%) $1,452,289
Contract Price $17,367,784
Contingency (~20%) $3,474,216
Maximum Total Compensation $20,842,000
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Description Quantity Unit Cost Extended Cost
High-Voltage Circuit Breakers, 145kV,
4000A, 80kA, 650kV BIL, SF6, dead tank,
outdoor, free standing circuit breakers
complete with bushings, operator, bushing
current transformers, SF6 gas, etc.,
including the dynamic rating
communication device monitors
35 $454,592 $15,910,720
Spare bushing, trip coil, close coil, and
motor
4 N/A $4,775
Subtotal (Equipment Price) $15,915,495
Estimated Taxes (9.125%) $1,452,289
Contract Price $17,367,784
Contingency (~20%) $3,474,216
Maximum Total Compensation $20,842,000
Delivery is expected to occur by October 31, 2029. Payments will be based on the successful completion of key milestones, with at least 20% of the total contract value withheld until final acceptance of the high-voltage circuit breakers. A five-year warranty period covering parts and labor will commence upon final acceptance of each unit.

Additional quantities:

SVP may need to purchase additional high-voltage circuit breakers, subject to the maximum compensation limit. If such purchases are necessary, they will be made pursuant to Section

2.105.130 of the City Code. This section provides that the Purchasing Division Manager may purchase additional quantities after the initial award of a contract or purchase order for products. If the purchase of additional quantities or services increases the maximum compensation that exceeds the City Manager’s signature authority set forth in this chapter, or an amount previously approved by the City Council, then City Council approval is required.

ENVIRONMENTAL REVIEW
The actions being considered do not constitute a “project” within the meaning of the California Environmental Quality Act (“CEQA”) pursuant to section 15378(b)(2) of Title 14 of the California Code of Regulations as the proposed actions solely involve the purchase of equipment for the NRS Upgrade Project. This procurement does not require an additional environmental review of the NRS Upgrade Project.

FISCAL IMPACT
The total maximum authorization is $20,842,000 for the units noted in Table 1. Funding of $20.8 million is recommended to be appropriated in the Electric Utility Capital Fund this fiscal year to establish the NRS 80kA Breakers Replacement Project for procurement of the breakers. Funding of $20.8 million is available from the Electric Utility Fund Operations and Maintenance (O&M) Reserve.

With the use of the O&M Reserve, the reserve level shall be decreased to $356.2 million, equivalent to approximately 196 days of operations, which exceeds the reserve target of 90 to 180 days.

Budget Amendment
FY 2025/26
Current Increase/
(Decrease)
Revised
Electric Utility Fund (091)
Transfers to
Electric Utility Capital Fund $77,791,000 $20,842,000 $98,633,000 Ending Fund Balance
Operations and Maintenance
Reserve
$377,000,000 ($20,842,000) $356,158,000
Electric Utility Capital Fund (591)
Transfers from
Electric Utility Fund $77,791,000 $20,842,000 $98,633,000 Expenditures
NRS 80kA Breakers Replacement
Project (New Project)
$0 $20,842,000 $20,842,000
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Current Increase/
(Decrease)
Revised
Electric Utility Fund (091)
Transfers to
Electric Utility Capital Fund $77,791,000 $20,842,000 $98,633,000 Ending Fund Balance
Operations and Maintenance
Reserve
$377,000,000 ($20,842,000) $356,158,000
Electric Utility Capital Fund (591)
Transfers from
Electric Utility Fund $77,791,000 $20,842,000 $98,633,000 Expenditures
NRS 80kA Breakers Replacement
Project (New Project)
$0 $20,842,000 $20,842,000
Future year costs for installation of the breakers will be incorporated into the FY 2026/27 and FY 2027/28 Proposed Biennial Capital Improvement Program Budget as part of the annual budget process. Once the design is underway, the project costs will be refined, and budget amendments will be brought forward to the City Council as needed.

COORDINATION
This report has been coordinated with the Finance Department and the City Attorney’s Office.

RECOMMENDATION

1. Authorize the City Manager or designee to negotiate and execute an agreement with Anixter, Inc. (Agreement) for the purchase of high-voltage circuit breakers, for approximately a three-year agreement term, plus a five-year warranty period, with a maximum compensation of $20,842,000, subject to the appropriation of funds and the review and approval as to form by the City Attorney;

2. Authorize the City Manager or designee to (a) take any actions as necessary to implement and administer the Agreement and associated purchase orders, and (b) negotiate and execute amendments to the Agreement for (i) additional circuit breaker procurements; (ii) address issues during the design and fabrication of the circuit breakers, and (iii) make de minimis changes, subject to the maximum compensation set forth above and the review and approval as to form by the City Attorney; and

3. Approve the following FY 2025/26 budget amendments:
a. In the Electric Utility Fund, increase the transfer to the Electric Utility Capital Fund and reduce the Operations and Maintenance Reserve Ending Fund Balance by $20,842,000 (five affirmative City Council votes required for the use of unused balances); and b. In the Electric Utility Capital Fund, increase the transfer from the Electric Utility Fund and establish the NRS 80kA Breakers Replacement Project in the amount of $20,842,000 (five affirmative City Council votes required to appropriate additional revenue).

Reviewed by: Nico Procos, Director of Silicon Valley Power Approved by: Jovan D. Grogan, City Manager

ATTACHMENTS
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1. Technical Specifications for High-Voltage Circuit Breakers City of Santa Clara Printed on 3/20/2026Page 5 of 5
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Agreem
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APPENDIX D
ATTACHMENT A5 - SPECIFICATIONS

CITY OF S

ANTA CLARA,

CALIFORNIA

SILICON VALLEY
POWER

SPECIFI

CATIONS

FOR THE PURCHASE OF
145 kV MAX SF6

DEAD TANK

CIRCUIT

BREAKERS
July 2024
Rev 1
RTC 26-218, Attachment #1
City of
Santa Clara
The Center of What's Possible

Agreement between City of Santa Clara and Anixter Inc. Page 2 of 30 SECTION 1. GENERAL

1.1 MANUFACTURING & TESTING
The manufacturing and testing facility must be within the continental United States (CONUS).

1.2 RELATED SECTIONS
SKETCH – SIMPLIFIED AC & DC SCHEMATICS FOR 145 KV CIRCUIT

BREAKER
FLYER – PTC HEATER SYSTEM
145 KV CIRCUIT BREAKERS DATA SHEETS

1.3 REFERENCES
All equipment furnished under these specifications shall conform to the latest applicable standards of ICEA, AEIC, ASTM, ANSI, IEEE, NERC, and NEMA standards.

1.4 SUBMITTALS
Requirements for submittals are specified in the individual technical sections of this specification.

Quality System Documentation, including Quality System Manual, Sub supplier List, and Inspection and Test Plan to be submitted as specified in the individual technical sections.

1.5 QUALITY SYSTEM
General: Seller shall have a documented quality management system which ensures that all equipment and commodities supplied are in conformance with required drawings and/or specifications and which meet all the guidelines (requirements) set forth in this document. The documented Quality Management System will be provided by the Seller upon PO issuance. The Seller shall be capable of providing assurance that design, purchasing, materials, manufacturing, examination and testing of equipment, shipping, storage, and related services comply with the requirements of the Exemplar Agreement and Specifications. The Seller’s quality system shall include, at a minimum, pr ocedures or methods to ensure that the following are controlled:

1.5.1.1 Design documents, drawings, specifications, quality assurance procedures, quality records, inspection procedures, inspection and test

1.1.1 1.2.1

1.2.2 1.2.3

1.3.1 1.4.1

1.4.2 1.5.1

Agreement between City of Santa Clara and Anixter Inc. Page 3 of 30 status, and purchase documents maintained current, accurate, and under control.

1.5.1.2 Purchased materials, equipment, and services conform to the requirements of all Agreement and Request for Bid Documents.

1.5.1.3 Receipt inspection, in- process inspection, examination, testing, and checkouts conducted.

1.5.1.4 Shipping, storage, and preservation of equipment and commodities supplied meet all Agreement and Request for Bid Document requirements.

1.5.1.5 Adequate inspection of subcontracted work.

1.5.1.6 Control of special and proprietary processes associated with the manufacture, fabrication and/or installation of the products and services as specified within this Request for Bid.

1.5.1.7 Proper methods employed for the qualification of personnel who are performing special and proprietary processes associated with this Request for Bid.

1.5.1.8 Procedures that document and control the verification, storage, use, and maintenance of customer -supplied product provided for incorporation into manufactured equipment or commodities.

1.5.1.9 Any applicable industry standards (such as ANSI, AGMA, API, ASME, etc.) shall also be incorporated into this system. This system shall be made available to the City for review upon request.

ISO 9001 and ISO 14001 Compliance: The manufacturing site(s) at which the products and components for this project are to be produced shall comply with and be based on the applicable criteria of ISO 9001 2000 and ISO 14001 processes.

Quality System Manual: The quality system shall be documented in a quality system manual. One controlled copy of the manual shall be submitted to the City.

Along with the required manual, the Seller shall submit a copy of the Certification Letter that the program has been certified by a registered certification agency as satisfying the requirements of ISO 9001. The quality system manual shall be kept current by submittal of revisions as applicable for the duration of the Agreement and including applicable warranty period.

Sub suppliers

1.5.4.1 Seller shall submit to the City, in writing, the name, type, and location of all sub suppliers and the qualification documentation of the Seller's sub supplier prior to award of sub supplier’s Purchase Order.

1.5.2 1.5.3

1.5.4 Agreement between City of Santa Clara and Anixter Inc. Page 4 of 30

1.5.4.2 The Seller shall ensure that sub suppliers have the capabilities to fulfill all Agreement and Request for Bid Document requirements as prescribed in within the specifications. Seller shall submit objective evidence of sub supplier’s capabilities, processes, or in-process work involving the fabricating and manufacturing of materials and commodities for the City.

1.5.4.3 The Seller shall be responsible for sub supplier qualification and monitoring to ensure adherence to the same high-quality standards of the Seller. When deemed necessary, the City has the authority to perform quality audits and inspections and monitor and/or review sub supplier processes and facilities.

Inspections by City: The City may elect to perform inspections, quality audits, or witness testing at any time during the manufacturing process. The City may designate an authorized agent for inspections, witness testing, or quality audits.

Authorized agent can be an employee of the City or an outside agency. When an outside agency is designated as an authorized agent for the City, such designation will be in writing with a copy provided to the Seller. Hereinafter, when the term “City's representative” is used, it may also mean the City or its authorized agent.

1.5.5.1 Inspection and Test Plan: Prior to commencing fabrication, Seller shall submit to the City a detailed inspection and test plan (i.e., a Quality Assurance/Quality Control Plan) for the work to be performed. The inspection and test plan shall be a detailed step-by- step list of operations and requirements which shall identify the inspection and testing points for major components of the work and shall be maintained current throughout the duration of the Agreement.

The plan shall include the Seller's strategy for inspecting sub supplier’s work, including inspection by the Seller at his sub supplier’s facilities. The City will designate any test witness points or other inspection points required.

1.5.5.2 The Seller shall keep the City informed of the progress of the work and shall notify the City at least 15 business days in advance of the appropriate times for inspections and testing when such inspection and test points have been designated by the City for witnessing. The work shall not progress past the City's designated witness point until the City has inspected the work or witnessed the designated test, or the City has waived its right to perform an inspection or to witness a test. The Seller shall be r esponsible for providing the City with post manufacturing photographs, and approved panel layout drawings prior to shipment, of the overall breaker(s) layout and internal control & wiring cabinet as verification the new breaker matches the existing breakers’ wiring, terminal block and conduit locations.

1.5.5 Agreement between City of Santa Clara and Anixter Inc. Page 5 of 30

1.5.5.3 Access: The City will have the right to inspect the Seller's and sub supplier’s work and related documents in the course of manufacture providing no delays in manufacture are caused thereby. The Seller is required to provide, at his own expense, reasonable facilities including tools and instruments for demonstrating acceptability of the work.

1.5.5.4 Test Witnessing: If called for in the Agreement and/or Request for Bid Documents, and when designated as a hold point, witnessing of mill or factory tests must be performed in the presence of the City's representative unless waived in writing by the City's representative.

The Seller shall bear all expenses of such tests except the compensation and expense of the City's representative. All international travel will be business class.

1.5.5.5 Corrective Action: Upon detection of a noncompliance with the requirements of the Agreement and/or Request for Bid Documents, the Seller shall document the noncompliance issue and provide the City’s representative a copy of the report. The Seller shall be required to correct, in a timely manner, all deficiencies identified at the sole cost of the seller.

1.5.5.6 Rejection: If any items or articles are found not to meet the requirements of the specifications, the lot, or any faulty portion thereof, may be rejected. Before offering specified material or equipment for shipment, the Seller is required to inspect the material and equipment and eliminate any items that are defective or do not meet the requirements of the Agreement and/or Request for Bid Documents. The fact that materials or equipment have been previously inspected, tested, and accepted does not relieve t he Seller of responsibility in the case of later discovery of flaws or defects.

SECTION 2. PRODUCTS

2.1 GENERAL EQUIPMENT REQUIREMENTS
Unless specifically provided otherwise in each case, all materials and equipment furnished for permanent installation in the work shall conform to applicable standard specifications and shall be new, unused, and undamaged.

Miscellaneous Materials and Services: Miscellaneous materials and services not otherwise specifically called for shall be furnished by the Seller in accordance with the following, as applicable:

2.1.2.1 All special tools or lifting beams and lugs for offloading.

2.1.2.2 SF6 spare cylinders for one (1) breaker to be provided onsite.

2.1.1 2.1.2

Agreement between City of Santa Clara and Anixter Inc. Page 6 of 30

2.1.2.3 Field Support Services shall be provided in accordance with the Agreement.

2.1.2.4 Spare Parts shall be provided in accordance with the Agreement.

Materials containing asbestos will not be allowed.

2.2 FACTORY ASSEMBLY
All separately packaged accessory items and parts shall be shipped with the equipment. Containers for separately packaged items shall be marked so that they are identified with the main equipment. An itemized packing slip indicating what is in that container only shall be attached to the outside of each container used for packaging. A similar list shall be inside each container. A master packing slip covering all accessory items for a given piece of equipment which are shipped in separate containers shall be attached to one container.

2.3 TOOLS
The Seller shall furnish and ship with each piece of equipment one set of all special tools required for assembly, installation and maintenance, of the equipment and materials to be provided. The tools shall be shipped in separate, heavily constructed wooden boxes provided with hinged covers and padlock hasps.

Maintenance tools for each for the equipment and materials to be provided shall be boxed separately and the boxes shall be marked with the name of the project and the name of the equipment.

SECTION 3. 145 KV SF6 DEAD TANK CIRCUIT BREAKER - GENERAL

3.1 WORK INCLUDED
The Circuit Breaker Manufacturer (Seller), whose manufacturing and testing facility must be within the continental United States (CONUS), shall provide all the necessary and required labor, materials, tools, equipment, etc., to design, fabricate, manufacture, assemble, test and ship the breaker complete with all the accessories and the ordered spare parts to the required destination.

3.2 WORK NOT INCLUDED
The Seller shall not be required to unload the breaker, place it on the pad, anchor and ground the breaker, provide low voltage and high voltage external connections, fill the breaker with SF6 gas, field test and energize the breaker.

3.3 SUBMITTALS
All questions, clarifications, review drawings, final drawings, submittals, correspondence, etc., except as stated otherwise, shall be referred to:

2.1.3 2.2.1

2.3.1 2.3.2

3.1.1 3.2.1

3.3.1 Agreement between City of Santa Clara and Anixter Inc. Page 7 of 30 City of Santa Clara
Attn: Allie Jackman
Silicon Valley Power
881 Martin Ave.

Santa Clara, CA 95050
Phone: (408) 615-6639
Email address: [email protected]
The Seller shall submit three (3) sets of review drawings including, but not limited to, basic outline drawing including shipping drawings, detailed A.C. and D.C. schematics, control cabinet drawings, point-to-point wiring diagram and terminal arrangement drawings, breaker, operator and C.T. nameplate drawings, bushing drawing, bushing current transformer schematic diagram, C.T. excitation, ration correction and power factor correction curves, motor and heater details, etc., for review and comments.

After the For Approval Drawings are finalized, the Seller shall electronically submit Issued for Manufacturing Drawings in AUTOCAD files for each breaker ordered.

Drawing submittals and circuit breaker delivery shall be provided in accordance with the schedule included in the Agreement.

Due to global supply chain issues and subject to material and parts availability at time of manufacturing, Seller may use substitute parts and components per the below table in order to deliver the order or breaker on time (i.e. in order to meet the delivery schedule – this does not change the delivery schedule in the Agreement). All substitute parts and components shall be fit, form and functionally compliant with original proposed part. In case of a drawing change, Seller shall provide revised drawing(s) with breaker and send to customer contact person.

For each circuit breaker ordered, the Seller shall submit three (3) sets of installation, operation and maintenance manuals complete with all drawings, C.T. curves, motor and heater details, certified test results, etc., as follows:

3.3.2 3.3.3

3.3.4 3.3.5
Generic Component I part Detail / Functional Substitute options subject to availability of Name purpose parts/components
Bushing Current Transformers Metering and relay Meramec Ameran Narayan (CTs) CTs Terminal Blocks-1 power terminal Marathon Phoenix GE States Terminal Blocks -2 CT testing Marathon Phoenix GE States Terminal Blocks-3 Control Marathon Phoenix GE States
SEL Relays / Breaker all types I customer No other option available monitorinq devices specific
Relays-1 for controls Square D Siemens ABB
Relays-2 for timing Agastat Signaline

3.3.6 Agreement between City of Santa Clara and Anixter Inc. Page 8 of 30

3.3.6.1 Mail one set to:

City of Santa Clara
Silicon Valley Power
Attn: Allie Jackman
881 Martin Avenue
Santa Clara, CA 95050

3.3.6.2 Provide one set in breaker control cabinet pocket.

3.3.6.3 Mail one set to:

City of Santa Clara Electric Shop
Attn: Ernest Benjamin
1705 Martin Avenue
Santa Clara, CA 95050
SECTION 4. 145 KV SF6 DEAD TANK CIRCUIT BREAKER– PRODUCTS

4.1 GENERAL REQUIREMENTS
The circuit breaker shall be outdoor, free -standing, weatherproof, SF6 dead tank type and complete with current transformers, accessories and controls all as specified herein.

The circuit breaker shall generally conform to the applicable requirements of the latest IEEE, ANSI and NEMA standards, except where the requirements of this specification take precedence.

The circuit breaker shall be suitable for reclosing and shall operate under ANSI Standard Usual Service Conditions, in Santa Clara, California, on a 115kV, 60Hz, solidly grounded neutral system.

The circuit breaker shall have seismic withstand capability appropriate for “High Seismic” in accordance with IEEE 693-2005. A special nameplate shall be offered stating this rating. A seismic report certifying that the design meets the seismic requirements shall be submitted.

4.1.4.1 The site conditions are shown below:

Seismic Design Data:

Site Class = D (ASCE 7 -22, 20.3.2). Design will incorporate site specific data (borings, seismic refraction) and shear wave velocity profiles of the subsurface at or around the Substation.

Seismic Design Category = D (ASCE 7-22, Tables 11.6-1 &2)

4.1.1 4.1.2

4.1.3 4.1.4

4.1.4.1.1 Agreement between City of Santa Clara and Anixter Inc. Page 9 of 30 Risk Category = III (ASCE 7-22 Table 1.5-1) or as determined by the Geotechnical Report

Seismic Importance Factor, I = 1.25 (ASCE 7-22, Table 1.5-2) ASCE 193, IEEE 693 standards shall be met typical for California

4.1.4.2 Wind Design Data:

ASCE 7-22 (IEEE 605 loads will also be considered)
Basic wind speed = 99 mph
Exposure = C
Ambient Temperature; 42.8°C to -7.8°C
The circuit breaker shall be suitable for withstanding high concentration of hydrogen sulfide in the air resulting in corrosive conditions.

The SF6 gas leakage rates for the circuit breaker shall not exceed 0.5% annually.

The seller shall provide accurate SF6 quantity, weight in pounds, to owner for each breaker upon delivery with separate values provided for each SF6 compartment of each breaker.

4.2 RATINGS
The circuit breaker shall have the following ratings at a minimum. Consult the data sheet for additional requirements.

4.2.1.1 Rated Maximum Voltage – 145 kV
Power Frequency Withstand: 275 kV
Impulse Withstand (Full Wave) – 650 kV Peak
Impulse 2 µ-sec chopped wave – 838 kV
Peak Rated Continuous Current –4,000 Amps
Rated Short Circuit Current (Symmetrical) – 80,000 Amps Close and Latching Current – 208 kA Peak
Interrupting Time – 3 cycles
Operating Cycle: O-0.3 sec-CO-15 sec-CO
A.C. Control Voltage – 120/208V A.C.

D.C. Control Voltage – 125V D.C.

4.3 GENERAL CONSTRUCTION
All three poles of the circuit breaker shall be operated by a stored energy type mechanism.

The circuit breaker shall have a leakage rate of not more than 0.5% on an annual basis.

4.1.5 4.1.6

4.1.7 4.2.1

4.3.1 4.3.2

Agreement between City of Santa Clara and Anixter Inc. Page 10 of 30 The operating mechanism housing shall be enclosed and weatherproof and shall have hinged doors with provisions for padlocking. All doors shall be fully gasketed. Doors shall open wide, giving full access to interior and shall have stops to prevent accidental closing.

The various control and power devices shall be grouped and connected as shown on the simplified A.C. and D.C. schematics given at the end of this section. Each molded case circuit breaker shall provide a separate N.O. and N.C. alarm wired to terminal blocks. These alarm contacts shall only operate on tripping of the molded case breaker and not on manual opening.

Two ground pads, each with two NEMA holes, shall be provided on opposite corners. Outline drawing will show the location and material for these pads.

All the devices like terminal blocks, close coil, trip coil, heaters, relays, motor, molded case circuit breakers, disconnects, etc., with their associated wires shall be so installed that they become easily accessible for checking, testing, maintaining, troubleshooting, etc.

The bushing C.T. terminal blocks shall be labeled to identify the corresponding bushing and bushing C.T.

All devices like terminal blocks, close coil; trip coil, heaters, relays, motor, molded case circuit breakers, disconnects, etc., shall be labeled in accordance with the labels used on the point-to-point wiring diagram.

The control cabinet shall have a pocket for keeping one set of breaker installation, operation and maintenance manual complete with all drawings, CT curves, motor and heater details, certified test results, etc.

Two identical trip coils shall be provided.

Stainless steel nameplates shall be mounted on the outside of the control cabinet door.

The breaker shall not use shunt capacitors to achieve the rated short circuit current.

The overall breaker(s) layout, internal control and wiring cabinet shall match the existing breakers’ wiring, terminal block and conduit locations as they are required to allow the reusing of existing cables, conduit, and foundation.

4.4 BUSHINGS
All bushings shall be porcelain or composite conforming to the latest applicable ANSI and NEMA Standards. Bushings shall be approved by owner. Polymer and epoxy bushings are typically not acceptable. All bushings shall be adequate for ratings of the breaker.

4.3.3 4.3.4

4.3.5 4.3.6

4.3.7 4.3.8

4.3.9 4.3.10

4.3.11 4.3.12

4.3.13 4.4.1

Agreement between City of Santa Clara and Anixter Inc. Page 11 of 30 Aluminum bushing conductor is acceptable if bushing is furnished with an integral NEMA 4 -hole terminal pad. If bushing has threaded studs for external connections, then bushing conductor shall be copper.

If bushing conductor is copper, then the threaded studs must be tin/silver plated and all aluminum stud connectors for stud- to-flat NEMA pad must be provided with the breaker.

Bushings shall be ANSI 70 sky gray.

Bushings shall be SF6 gas filled.

Bushings shall be furnished with power factor test electrodes.

4.5 BUSHING CURRENT TRANSFORMERS
Three multi-ratio bushing current transformers, with minimum relaying accuracy matching the table in the referenced data sheet, shall be provided at each bushing for a total of eighteen (18) bushing current transformers per circuit breaker. The full ratio primary rating shall equal the continuous current rating of the breaker.

These transformers shall have fully distributed windings and a minimum Thermal Rating Factor of 2.0.

4.6 AUXILIARY DEVICES
The auxiliary devices shall include, but not be limited to, the following:

4.6.1.1 Operation Counter: It shall operate on circuit breaker opening.

4.6.1.2 Position Indicator: It shall show the position of the main contacts. It shall be visible without opening any compartment doors.

4.6.1.3 Trip coil monitor LED light to be located in the breaker control cabinet for both trip coils.

4.6.1.4 Auxiliary Breaker Contacts: Not less than 6 N.O. and 6 N.C. electrically separate auxiliary contacts shall be provided for the City’s use. All unused auxiliary contacts shall be wired to terminal blocks.

4.6.1.5 Mechanically Operated Manual Trip Device (69M): An external and mechanically operated manual trip with a guard for protection against unintentional tripping shall be provided. This device shall have OPERATE and RESET positions. This device shall have one OPEN contact and one CLOSE contact in OPERATE position and these contacts will change state in RESET position. OPEN contact in OPERATE position shall be used in closing circuit and CLOSE contact in OPERATE position shall be wired to terminal points for

4.4.2 4.4.3

4.4.4 4.4.5

4.4.6 4.5.1

4.6.1 Agreement between City of Santa Clara and Anixter Inc. Page 12 of 30 annunciation. Operation of this device shall not depend on AC and DC power.

4.6.1.6 Space Heaters: Provide necessary Positive Temperature Coefficient (PTC) heaters with fan to avoid condensation. A flyer for PTC heater is provided at the end of this specification for reference.

4.6.1.7 Pressure Tank: All pressure tanks shall have an ASME label and shall be in accordance with all state and local codes. Pressure gauges shall be visible from outside the operating mechanism housing. A contact which closes on low pressure condition shall be provided and wired to terminals for annunciation of a low-pressure condition.

4.6.1.8 Travel Analyzer: Provisions shall be made available for the attachment of a travel analyzer.

4.6.1.9 Ground Bus: The Seller shall provide a suitable ground bus in the breaker control cabinet. The Seller shall bring all the ground connections to this ground bus. The Seller shall ground this ground bus by connecting it to other breaker ground pad by 6 AWG bare stranded copper wire using straight bronze terminal 2 cable to 2 hole NEMA pad, Hubbell make, Type VL2, Catalog #VL241BH or equal approved by City.

4.6.1.10 Convenience Outlets: The following convenience outlets in cast aluminum weatherproof boxes with covers shall be provided outside of the operating mechanism housing.

GFCI duplex receptacle, gray, 20A, 120V A.C.

Receptacle, twist lock type, NEMA L6-30R, gray, 30A,
208V A.C.

4.6.1.11 Dynamic Ratings monitor: The breaker shall be equipped with a Dynamic Ratings monitoring device, Part No. BPM -G-4-N-N-0-1-2 for Circuit Breaker and SF6 monitoring.

4.6.1.12 DILO fittings for gas filling.

4.7 SF6 Management
SF6 General Information

4.7.1.1 Rated pressure of SF6 gas in the circuit breaker (kg/cm2 or PSI).

4.7.1.2 Rated pressure of SF6 gas in the gas cylinders (kg/cm2 or PSI).

4.7.1.3 Quantity of SF6 gas required per single pole unit (kg or lb.).

4.7.1 4.6.1.10.1

4.6.1.10.2 Agreement between City of Santa Clara and Anixter Inc. Page 13 of 30

4.7.1.4 Quantity of SF6 gas required per cylinder (kg or lb.).

4.7.1.5 Name of SF6 suppliers and country of origin.

4.7.1.6 Seller to provide supplemental pressure check tool with deliver of each circuit breaker.

The gauge of this tool must maintain an accuracy within

0.5% of its largest value.

The gauge of this tool must be able to measure the
shipping pressure of SF6 Breaker, which is 5 psig or lower.

4.7.1.7 SF6 gas purity shall be 99% minimum. SF6 gas moisture content shall be less than 100 parts per million by volume (ppmV).

SF6 Information Specific to each breaker

4.7.2.1 Quantity of SF6 gas supplied for:

Actual use in breakers (kg or lb.)
As spare (kg or lb.)
Documentation and Handling requirements

4.7.3.1 Original Equipment Manufacturer (OEM) shall provide their standard document submittals in physical and electronic copies, including at a minimum: instruction books, test reports, and drawings.

4.7.3.2 OEM shall inspect all equipment prior to shipment and provide sufficient documentation of SF6 gas quantities in an approved format for the owner to meet regulatory mandated reporting requirements.

For example, SF6 reporting may include:

Alarm switch pickup pressure and lockout switch pickup
pressure, in psig, for breakers with frame -mounted density switch/gauge (temperature compensated).

The SF6 pressure in psig during shipping.

The amount of SF6 gas in the breaker, measured in
pounds (lbs), during shipping.

The purity and moisture content of SF6 in both the SF6
gas breaker and the SF6 gas cylinder.

SF6 pressure, in psig, Leaving factory (per circuit breaker) and Delivered on site (per circuit breaker).

4.7.2 4.7.3

4.7.1.6.1 4.7.1.6.2

4.7.2.1.1 4.7.2.1.2

4.7.3.2.1 4.7.3.2.2

4.7.3.2.3 4.7.3.2.4

4.7.3.2.5 Agreement between City of Santa Clara and Anixter Inc. Page 14 of 30 Total of SF6 (kg or lb.) purchased (including SF6
provided by OEM with or inside new equipment)

4.8 WIRING
Wire: C.T. circuits, auxiliary power and control wires shall be 10, 12 and 12 AWG minimum, respectively, 600-volt stranded copper switchboard wire, NEC type SIS or equal approved by the City. External wiring shall run in liquid- tight type flexible conduit or other suitable metal enclosure as approved by owner, adequately supported.

Terminations: Terminations shall be made with solderless, crimp type, non- insulated, ring-type lugs using a tool so designed that once the crimping action is started, the tool cannot be removed until the jaws bottom. Crimp side of lug shall be visible when lug is connected to a terminal point. Not more than two wires shall be terminated to a terminal point.

Terminal Blocks: All standard terminal blocks shall be 12 -point, one piece, non- shorting type, 30A 600 volts with brass screw terminals and white marking strip, GE Type EB25 make, Catalog No. 2B112 or equal approved by the City. Spare terminal points in th e amount of a minimum of 20% of the connected terminals shall be provided.

Ground Bus: The cabinet shall be provided with a ground bus located in the rear bottom section. The bus size shall be ¼ - inch x 2 inch minimum, flat copper bar and shall be mounted on the cabinet base channel. The ground terminal point of each shorting type terminal block shall be jumpered and the last jumper shall be connected to ground bus in the control cabinet.

Short circuit type terminal blocks shall be used for all current transformer circuits.

Terminal blocks shall be one piece, shorting type, GE EB 27, having the quantity of terminal points specified.

Wire Training: Wiring shall be trained neatly in insulated type wiring ducts with covers. The sum of the cross -sectional area of the conductors shall not exceed 40% of the interior cross-sectional area of the wiring duct.

Wire Labels: All conductors shall be labeled at all terminations with wire names and wire destination in accordance with point -to-point wiring diagrams. Wire destination shall include not only the device but the device and its terminal number. Wire labels giving wire origins are not acceptable. Wire labels shall have two lines, first line for wire name and second line for wire destination. Label shall be permanently held in place so as to be readable when the wire is secured to the terminal point.

Spare Contact Wiring: All unused, i.e., spare contacts, shall be wired to terminal blocks in the control cabinet.

4.7.3.2.6 4.8.l

4.8.2 4.8.3

4.8.4 4.8.5

4.8.6 4.8.7

4.8.8 Agreement between City of Santa Clara and Anixter Inc. Page 15 of 30 Terminal blocks for interconnecting with Owner’s wiring shall be located in the control cabinet so that the Owner’s existing cables/wiring may be reused.

4.9 PAINTING
All control cabinet external and internal metal parts shall receive a thorough painting using OEM’s standard control cabinet painting process.

The painted surfaces shall not chip, crack, peel, or otherwise deteriorate due to conditions encountered during operation (i.e., changes in temperature, and exposure to various weather conditions).

The interior and exterior finish color shall be ANSI No. 70, Light Gray.

4.10 TESTS
In addition to routine tests required by ANSI Standards, the following test shall be made in accordance with the latest IEEE standard C37.09

4.10.1.1 Current Transformer Test as per the lasts IEEE Standard C57.13.

Check the presence of correct nameplate, terminal and
polarity markings.

Electrical polarity check.

Ratio check for all taps.

Saturation test.

4.10.1.2 Gas receiver test

4.10.1.3 Pressure test

4.10.1.4 Nameplate check

4.10.1.5 Leakage tests

4.10.1.6 Heaters and coils check tests.

4.10.1.7 Clearance and mechanical adjustment check tests.

4.10.1.8 Mechanical operations tests

4.10.1.9 Timing and travel test

4.10.1.10 Stored energy system tests.

4.10.1.11 Electrical resistance of current path test/contact resistance test

4.8.9 4.9.l

4.9.2 4.9.3

4.10.1 4.10.1.1.1

4.10.1.1.2 4.10.l.l.3

4.10.1.1.4 Agreement between City of Santa Clara and Anixter Inc. Page 16 of 30

4.10.1.12 Power frequency withstand voltage test on major insulation components.

4.10.1.13 Power frequency withstand voltage test on control and secondary wiring.

4.10.1.14 Power factor tests on all bushings

4.10.1.15 Minimum pickup voltage tests on trip and close coils

4.10.1.16 Trip Free and Anti-pump function check
Provide a seismic report to certify the design can withstand the seismic requirements for this project as required in this specification.

The City reserves the right to witness all tests. The Seller shall give at least three (3) weeks’ notice to the City prior to performing any test.

4.11 DRAWING REQUIREMENTS
Point to point wiring diagram is required. Wire chart or wire table or wire schedule in lieu of point to point wiring diagram is not acceptable.

Schematic diagrams and point to point wiring diagrams shall be separate.

Schematic diagrams shall have wire name or wire designation.

All relay and auxiliary contacts shall be clearly displayed and identified as to their use.

There shall be a clear distinction between wire names and terminal numbers.

User’s points of connection, such as for A.C. and D.C. power supplies, annunciation, CT circuitry, etc., shall be identified on the schematic diagrams with terminal numbers.

Outline drawing shall show front view, rear view, top view, right hand side view, left hand side view, overall dimensions of the breaker, anchoring details, conduit entrance, ground pads, C.G. of the breaker, incoming and outgoing or line and load side, 69 M device, receptacles, etc. A bill of materials shall also be provided.

Control cabinet drawings shall show the detailed physical location and layout of all equipment such as terminal blocks, ground bar, switches, relaying equipment, lights and receptacles. A bill of materials shall also be provided.

Generic drawings are not acceptable. Drawings shall be specific for the equipment supplied.

Reduced and hard to read drawings are not acceptable. All drawings shall be full size, clear and easy to read and understand.

4.10.2 4.10.3

4.11.1 4.11.2

4.11.3 4.11.4

4.11.5 4.11.6

4.11.7 4.11.8

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Page 18 of 30 ends

City Council and Authorities ConcurrentMarch 24, 2026

City Council and Authorities Concurrent
March 24, 2026