Agenda packet — Tulare City Council, October 6, 2026 (part 1 of 3)

City of Tulare Page 1 of 5
City Council Meeting Notice & Agenda
Tuesday, October 6, 2026 - 5:30 p.m. Regular Meeting
City Council Chamber, 491 North M Street, Tulare, CA 93274 www.tulare.ca.gov
Mission Statement
To promote a quality of life making Tulare the most desirable community in which to live, learn, play, work, worship and prosper.

Regular City Council meetings are held on the first and third Tuesdays of each month at the Council Chamber, located inside the Tulare Public Library, 491 North M Street, Tulare. Meetings are subject to cancellation. Additional meetings may be scheduled as needed.

City Council meetings are open to the public at the physical address listed above. You may attend these meetings in person or remotely through the City’s official remote platform as described below.

Members of the public may address the City Council on matters within the jurisdiction of the City of Tulare.

Those wishing to speak are encouraged to complete a Public Comment Card and submit it to the City Clerk prior to the start of the meeting. You may also submit written comments via e-mail to [email protected]. Please include your name and reference the agenda item you are commenting on, if any. Written comments received that do not specify an agenda item will be marked for the Public Comment section of the agenda. Emails received by noon on the date of the meeting will be provided to the City Council at the meeting and made part of the record of proceedings but will not be read aloud.

Comments by the public are limited to three minutes per speaker, unless otherwise extended by the Council. At the start of any agenda item, the mayor may limit the number of speakers or the time allotted per comment, depending on the number of participants and length of the agenda. When called upon to speak, begin by stating your name and city of residence.

Meeting agendas and related documents are available at www.tulare.ca.gov/agendas. Copies are also available for public inspection at the City Clerk’s Office, City Hall, 411 E. Kern Avenue, Second Floor, during regular business hours.

Individuals who require accommodations, auxiliary aids, or services necessary to participate in this meeting should contact the City Clerk's Office at (559) 684-4200 or [email protected]. The e-mail subject line should read "ADA Accommodation Request" or "Language Assistance" and the e-mail should include your name, address, telephone number, and a description of the request.

Remote Participation
Link to Join: https://bit.ly/3OE8hfz
Telephone Number: (669) 900-6833
Meeting ID: 810 7902 3401
Persons attending the meeting remotely will have the opportunity to provide comments at the appropriate times during the meeting. To speak during a public comment period, press *9 on your phone to raise your hand or click “Raise Hand” in the webinar. At the appropriate time, you will be prompted to unmute yourself and asked to identify yourself when providing public comment.

City Councilmembers
Patrick Isherwood, Mayor
Steve Harrell, Vice Mayor
Jose Sigala
Terry A. Sayre
Dennis A. Mederos
City Council Meeting Agenda Tuesday, October 6, 2026
City of Tulare Page 2 of 5

1. CALL TO ORDER

2. PLEDGE OF ALLEGIANCE AND INVOCATION - Dennis Sunderland, Pastor of Tulare Bethel Church, to deliver an invocation.

3. PROCLAMATIONS & RECOGNITIONS

3.1 Proclamation for Hispanic Heritage Month, September 15-October 15, 2026.

3.2 Proclamation for Fire Prevention Week, October 4-10, 2026.

4. PUBLIC COMMENT - Members of the public wishing to comment on any item not appearing on the agenda may address the City Council at this time. State law prevents Council from acting on any matter not on the agenda; however, your comments may be referred to staff for follow up. This is also the time for the public to comment on items listed under the Consent Calendar or to request an item from the Consent Calendar be pulled for discussion purposes. Comments related to Public Hearing and General Business items will be heard at the time those items are discussed. In fairness to all who wish to speak, public comment is limited to a total of fifteen minutes with each speaker allowed three minutes, unless otherwise extended by Council. Please begin your comments by stating your name and providing your city of residence. For those that wish to provide public comment while attending the meeting remotely, press *9 on your phone to raise your hand or click “Raise Hand” in the webinar.

5. COMMUNICATIONS - Communications are to be submitted to the City Manager’s Office ten days prior to a Council meeting to be considered for this section of the agenda. No action will be taken on matters listed under Communications; however, the Council may direct staff to schedule issues raised during Communications for a future meeting.

5.1 Letter of Commitment and Support for the Matheny Tract Community Enhancement and Sustainability Project TCC Grant Application.

6. COUNCIL REPORTS AND ITEMS OF INTEREST

7. CONSENT CALENDAR - All matters listed under the Consent Calendar are considered by the Council to be routine and will be enacted in one motion without discussion. If discussion is desired, that item may be removed and considered separately.

7.1 Waive the reading of ordinances and approve reading by title only.

Recommended Action: Approve the reading by title only of all ordinances and that further reading of such ordinances by waived.

7.2 Approval of City Council Meeting Minutes.

Recommended Action: Approve the minutes of the special and/or regular meeting of September 15, 2026. [M. Wilcox]

7.3 Second Reading and Adoption of Ordinance 2026-08.

Recommended Action: Adopt Ordinance 2026-08 approving Zone Amendment 778 to amend Chapter 10.83 (By-Right Approvals) to the Tulare Municipal Code (TMC). [M. Anaya]

7.4 Amendment to Agreement with Placer Labs, Inc. for Placer.ai Services.

7.5 Bargaining Units Bereavement Leave Update.

Recommended Action: [J. Venegas] Adopt resolutions approving and authorizing the execution of the following to update Bereavement Leave:
• Side Letter of Agreement No. 4 between the City and the California League of City Employees Association (CLOCEA) amending the Memorandum of Understanding (MOU) for the term of July 1, 2024 through June 30, 2027 adopted October 15, 2024 • Side Letter of Agreement No. 1 between the City and Tulare City Professional Fire Fighters Association Non-Management Bargaining Group (TPFA) amending the Memorandum of Understanding (MOU) for the term of July 1, 2025 through June 30, 2028 adopted April 7, 2026
• Side Letter of Agreement No. 1 between the City and Tulare City Professional Fire Fighters Association Management Bargaining Group (TPFA-M) amending the Memorandum of Understanding (MOU) for the term of July 1, 2025 through June 30, 2028 adopted April 7, 2026
• Side Letter of Agreement No. 3 between the City and Tulare Fire Chief Officer Group (TFCO) amending the Memorandum of Understanding (MOU) for the term of July 1, 2025 through June 30, 2028 adopted December 2, 2025
• Side Letter of Agreement No. 1 between the City and Tulare Police Officers Union (TPOU) amending the Memorandum of Understanding (MOU) for the term of July 1, 2024 through June 30, 2027 adopted January 21, 2025

7.6 Tulare Police Management Group Benefits Update.

Recommended Action: Adopt a resolution amending Resolution 2025-16 to formally codify and add bereavement leave provisions for the Tulare Police Management Group. [J. Venegas]

7.7 City of Tulare Merit System Rules and Regulations Amendment.

Recommended Action: Adopt a resolution amending Section 801 – Bereavement Leave of the City of Tulare Merit System Rules and Regulations. [J. Venegas]

7.8 Capital Improvement Project Dashboards for October 2026.

Recommended Action: Accept the Capital Improvement Project Dashboards for October 2026. [M. Winton]

7.9 Monthly Investments Report.

Recommended Action: Accept the monthly investments report for June 2026, July 2026, and August 2026. [M. Roberts]

7.10 Agreement with Self-Help Enterprises for PLHA Program Funds.

7.11 Bardsley Ave & Nelder Grove St Traffic Signal Design.

7.12 NOC for Public Improvements Associated with the Paige Industrial Center.

7.13 Designating Stop Control at Various Intersections.

Recommended Action: Adopt a resolution designating stop control at various uncontrolled intersections located between Bardsley Avenue, Pleasant Avenue, Denair Street and E Street. [M. Winton]

7.14 Contract Award for Project EN0078 Bardsley at Morrison Sidewalk Improvements.

7.15 Agreement for Audit Services with Price, Paige & Company.

8. PUBLIC HEARING - Comments related to Public Hearing items are limited to three minutes per speaker, for a maximum of thirty minutes per item, unless otherwise extended by Council. For those that wish to provide public comment while attending the meeting remotely, press *9 on your phone to raise your hand or click “Raise Hand” in the webinar.

8.1 Historic-Cultural Landmark Nomination for the Frew House.

8.2 General Plan Amendment No. 2026-03, Zone Amendment No. 773.

9. GENERAL BUSINESS - Comments related to General Business items are limited to three minutes per speaker, for a maximum of thirty minutes per item, unless otherwise extended by Council. For those that wish to provide public comment while attending the meeting remotely, press *9 on your phone to raise your hand or click “Raise Hand” in the webinar.

9.1 Regional Sportsplex Feasibility Study.

Recommended Action: Receive a presentation on the Regional Sportsplex Feasibility Study Final Report. [J. Gomez]

9.2 Implementation Roadmap of the Economic Development Strategic Plan.

10. FUTURE AGENDA ITEMS

10.1 Consider Maximum Tax Per Utility Relating to the Utility User Tax (UUT).

Recommended Action: Direct staff to add to a future agenda or take no action.

Submitted By: Councilmember Mederos

11. STAFF UPDATES

12. RECESS TO CLOSED SESSION TO DISCUSS THE FOLLOWING

12.1 Public Employee Performance Evaluation (Gov. Code § 54957) Title: City Attorney

12.2 Public Employee Performance Evaluation (Gov. Code § 54957) Title: City Manager

13. RECONVENE FROM CLOSED SESSION

14. CLOSED SESSION REPORT - This is the time for Council to publicly report specified closed session action and the vote taken on those actions, if any.

15. ADJOURNMENT
The next regularly scheduled meeting of the Tulare City Council is Tuesday, October 20, 2026, at 5:30 p.m. in the Council Chamber, 491 North M Street, Tulare.

AFFIDAVIT OF POSTING AGENDA
I, Melissa Wilcox, City Clerk & Public Affairs Director for the City of Tulare, do hereby certify, in conformance with Government Code Sections 54954.2, that the foregoing agenda was posted for public review on Friday, October 2, 2026.

Office of the City Manager
411 East Kern, Tulare, CA 93274
559.684.4200 | www.tulare.ca.gov
To: Mayor and City Councilmembers
From: Marc Mondell, City Manager
Subject: October 6, 2026 Agenda Memo
Date: October 2, 2026
Time estimates are provided as part of the Council’s effort to manage its time at Council meetings. Listed times are estimates only and are subject to change at any time, including while the meeting is in progress.

The Council, by consensus, reserves the right to use more or less time on any item, to change the order of items, and/or to continue items to another meeting. Items may be heard before or after the time estimated on the agenda memo. This may occur to best manage the time at a meeting or to adapt to the participation of the public.
5:30 p.m. Regular Meeting

1. CALL TO ORDER

2. PLEDGE OF ALLEGIANCE AND INVOCATION - Dennis Sunderland, Pastor of Tulare Bethel Church, to deliver an invocation.

3. PROCLAMATIONS & RECOGNITIONS [Time Estimate: 5:35 p.m.]

3.1 Proclamation for Hispanic Heritage Month, September 15-October 15, 2026.

3.2 Proclamation for Fire Prevention Week, October 4-10, 2026.

5. COMMUNICATIONS - Communications are to be submitted to the City Manager’s Office ten days prior to a Council Meeting to be considered for this section of the agenda. No action will be taken on matters listed under communications; however, the Council may direct staff to schedule issues raised during communications for a future agenda. Public comments will be limited to three minutes per topic unless otherwise extended by Council. [Time Estimate: 6:00 p.m.]

5.1 Letter of Commitment and Support for the Matheny Tract Community Enhancement and Sustainability Project TCC Grant Application.

6. COUNCIL REPORTS AND ITEMS OF INTEREST [Time Estimate: 6:05 p.m.] Tulare City Council Meeting Page 2 of 20
Agenda Memo - October 6, 2026

7.1 Waive the reading of ordinances and approve reading by title only.

Recommended Action: Approve the reading by title only of all ordinances and that further reading of such ordinances be waived.

7.2 Approval of City Council Meeting Minutes.

Recommended Action: Approve the minutes of the special and/or regular meeting of September 15, 2026. [M. Wilcox]

7.3 Second Reading and Adoption of Ordinance 2026-08.

Recommended Action: Adopt Ordinance 2026-08 approving Zone Amendment 778 to amend Chapter 10.83 (By-Right Approvals) to the Tulare Municipal Code (TMC). [M. Anaya] Alignment with Strategic Priorities: Housing and Community Development Summary: On April 21, 2026, the City Council voted to approve a resolution for several actions to locally adopt the City of Tulare’s 6th Cycle Housing Element. After a second reading of the ordinance approved on May 5, 2026, the Housing Element was submitted to the state Housing and Community Development (HCD) Department for review and final approval.

HCD conducted its mandated review of the 2024-2032 6th Cycle Housing Element and found the City’s Housing Element to be conditionally compliant with statutory requirements. However, minor clarifying changes to the text in Tulare Municipal Code Chapter 10.83 By-Right Approvals were requested and are required to be adopted before the Housing Element can be found to be in full compliance with State housing law.

Staff is recommending that City Council approve this ordinance to make the revisions to the text of TMC 10.83, as required for the City’s Housing Element to qualify for final approval and certification by HCD.

The ordinance was introduced and passed-to-print on September 1, 2026.

Fiscal Impact & Funding Source(s): There is no fiscal impact associated with this action.

Environmental Review: An Addendum to the certified Environmental Impact Report (EIR) prepared for the City's 2014 General Plan has been prepared for the project. The action on this item is simply to approve minor text changes that clarify the existing ordinance and would not constitute a project or require further environmental analysis under the California Environmental Quality Act.

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: This item does not require legal review.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table. Approving with changes, tabling, or denying the recommended actions will result in the City of Tulare no longer being Tulare City Council Meeting Page 3 of 20
Agenda Memo - October 6, 2026
eligible for State housing grants and funding, such as PLHA, as well as competitive housing grant programs. The city could also face potential legal action for non-compliance.

7.4 Amendment to Agreement with Placer Labs, Inc. for Placer.ai Services.

Recommended Action: Authorize the City Manager to execute an Amendment to the Order Form with Placer Labs, Inc. for continued access to the Placer.ai platform for a three-year term beginning December 1, 2026, through November 30, 2029, in an amount not to exceed $62,891. [J. Gomez]
Alignment with Strategic Priorities: Economic Development Summary: During Fiscal Year (FY) 2026, the City entered into a one-year agreement with Placer Labs, Inc. for access to the Placer.ai location analytics platform. The platform provides location-based data and analytical tools that staff use to evaluate retail leakage and unmet demand, trade areas, special event attendance, travel patterns, and demographic characteristics.

The data assists Economic Development staff in evaluating market conditions, identifying potential retail opportunities, supporting business attraction efforts, and providing information requested by site selectors and commercial developers.

The current term expires November 30, 2026. The proposed amendment would extend the City’s access to the platform for an additional three-year term beginning December 1, 2026, and ending November 30, 2029. The amendment provides continued platform access and includes Void Analysis, Events, and Esri Basemaps at no additional charge.

Continued access to Placer.ai supports implementation of the City’s Economic Development Strategic Plan and the City Council’s Economic Development strategic priority.

Fiscal Impact & Funding Source(s): The total cost of the three-year subscription is $62,891.

The annual subscription costs are $19,950 for Year 1, $20,947 for Year 2, and $21,994 for Year

3. The subscription will be invoiced annually and paid from account 100-100-101-102-000-5267.

Funding for the first year of the additional term is included in the adopted FY 2027 budget.

Funding for subsequent years will be subject to appropriation through the City’s annual budget process.

Environmental Review: This action does not constitute a “project” pursuant to California Environmental Quality Act (CEQA).

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: This item and the proposed Amendment were reviewed by the City Attorney’s Office.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table.

Tulare City Council Meeting Page 4 of 20
Agenda Memo - October 6, 2026

7.5 Bargaining Units Bereavement Leave Update.

Key revisions include:

1. Provides a consistent paid bereavement leave benefit across bargaining units

2. Expands and clarifies the definition of eligible family members • Provides greater flexibility in the use of bereavement leave

3. Establishes documentation requirement
• Confirms the policy is administered in accordance with applicable California law Fiscal Impact & Funding Source(s): The proposed amendments may have a minimal fiscal impact, which is anticipated to be absorbed within the adopted Fiscal Year 2027 budget.

Environmental Review: This action does not constitute a “project” pursuant to California Environmental Quality Act (CEQA).

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: This item has been reviewed by the City Attorney.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table.

Tulare City Council Meeting Page 5 of 20
Agenda Memo - October 6, 2026

7.6 Tulare Police Management Group Benefits Update.

Recommended Action: Adopt a resolution amending Resolution 2025-16 to formally codify and add bereavement leave provisions for the Tulare Police Management Group. [J. Venegas] Alignment with Strategic Priorities: Organizational Excellence Summary: The proposed resolution amends Resolution 2025-16 by adding bereavement language to ensure compliance with current California law.

Key provisions include:
• Bereavement leave provisions consistent with current California law and the City's existing practices, including eligibility, qualifying family members, documentation requirements, and use of additional leave when necessary.

The proposed amendment do not substantially expand employee benefits but instead formally documents benefit to ensure compliance with current California law.

Fiscal Impact & Funding Source(s): The proposed amendment may have a minimal fiscal impact, which is anticipated to be absorbed within the adopted Fiscal Year 2027 budget.

Environmental Review: This action does not constitute a “project” pursuant to California Environmental Quality Act (CEQA).

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: This item has been reviewed by the City Attorney.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table.

7.7 City of Tulare Merit System Rules and Regulations Amendment.

Recommended Action: Adopt a resolution amending Section 801 – Bereavement Leave of the City of Tulare Merit System Rules and Regulations. [J. Venegas] Alignment with Strategic Priorities: Organizational Excellence Summary: The proposed resolution amends several provisions of the City of Tulare Merit System Personnel Rules and Regulations (“Personnel Rules”). The proposed amendment updates bereavement leave to reflect ensure compliance with applicable law. The proposed amendment is contained in the attached resolution and redlined Personnel Rules.

Key provisions of the proposed amendment include:
• Bereavement Leave: Modernizes the City’s bereavement leave policy o Provides a consistent paid bereavement leave benefit
o Expands and clarify the definition of eligible family members o Provides greater flexibility in the use of bereavement leave o Established documentation requirement
o Confirms the policy is administered in accordance with applicable California law Tulare City Council Meeting Page 6 of 20
Agenda Memo - October 6, 2026
Fiscal Impact & Funding Source(s): The proposed amendments may have a minimal fiscal impact, which is anticipated to be absorbed within the adopted Fiscal Year 2027 budget.

Environmental Review: This action does not constitute a “project” pursuant to California Environmental Quality Act (CEQA).

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: This item has been reviewed by the City Attorney.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table.

7.8 Capital Improvement Project Dashboards for October 2026.

Recommended Action: Accept the Capital Improvement Project Dashboards for October 2026. [M. Winton]
Alignment with Strategic Priorities: Infrastructure and Transportation Summary: On December 16, 2014, the Tulare City Council adopted the Tulare Project Management System Program Policy (TPMS). The TPMS is designed to help the City accomplish significant projects on time, within budget, and in accordance with each project’s clearly defined scope. The TPMS uses a systematic approach to project management with the following goals:
• Establish consistency in how projects are managed,
• Create department 5-year project plans,
• Improve pre-planning and preparation,
• Identify and implement management policies and procedures, • Improve project cost tracking and project delivery,
• Formalize and improve project reporting, and
• Review and evaluate project successes or failures upon completion to improve future projects.

The dashboards identify the project number, project title, project phase, project manager, start date, end date, budget, expenditures/encumbrances, and special notes on the project's status and/or issues.

The attached Capital Improvements Project Dashboard reflects the quarterly status of active projects as of October 2026. The completion status graphic (pie chart) uses a color metric that reflects the phase each project is in. BLUE shading indicates that the project is in the Design phase, GREEN shading indicates that the project is in the Environmental or Right-of-Way Acquisition phase, and ORANGE shading indicates that the project is in the Construction or Implementation phase.

Fiscal Impact & Funding Source(s): There is no fiscal impact associated with this action.

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Agenda Memo - October 6, 2026
Environmental Review: This action does not constitute a “project” pursuant to California Environmental Quality Act (CEQA).

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: This item does not require legal review.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table.

7.9 Monthly Investments Report.

Recommended Action: Accept the monthly investments report for June 2026, July 2026, and August 2026. [M. Roberts]
Alignment with Strategic Priorities: Organizational Excellence Summary: The investments report for June 2026 through August 2026 are submitted for Council review and acceptance.

Fiscal Impact & Funding Source(s): There is no fiscal impact associated with this action.

Environmental Review: This action does not constitute a “project” pursuant to California Environmental Quality Act (CEQA).

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: This item does not require legal review.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table.

7.10 Agreement with Self-Help Enterprises for PLHA Program Funds.

Recommended Action: Approve a Subrecipient Agreement with Self-Help Enterprises in an amount not to exceed $192,900 in Permanent Local Housing Allocation (PLHA) funds to administer an owner-occupied housing rehabilitation program focused on accessibility modifications; and authorize the City Manager, or designee, to execute the agreement and any related documents necessary to implement the program. [N. Brar] Alignment with Strategic Priorities: Housing and Community Development Summary: The California Legislature established the Permanent Local Housing Allocation (PLHA) Program in 2017 through Senate Bill 2, also known as the Building Homes and Jobs Act, to provide a permanent source of funding for local governments to support housing projects and programs. The PLHA Program is funded through fees collected on certain real estate transactions and deposited into the Building Homes and Jobs Trust Fund. Each year, the California Department of Housing and Community Development (HCD) distributes approximately 70% of these funds to cities and counties. PLHA funds are distributed through two primary methods: formula allocations to local governments based on a formula similar to the federal Community Development Block Grant (CDBG) Program, and a competitive Tulare City Council Meeting Page 8 of 20
Agenda Memo - October 6, 2026
application process for eligible housing activities, including accessibility and minor rehabilitation work.

The City of Tulare, as a formula allocation grantee, received five PLHA funding allocations for the 2019 through 2023 funding years. On June 16, 2026, the City Council adopted Resolution 2026-054 amending the City's five-year PLHA Plan to include eligible activities identified in Sections 301(a)(6) and 301(a)(7).

In March 2026, Self-Help Enterprises (SHE) submitted a proposal in response to RFP No. 26- 844. City staff reviewed the proposal for completeness and determined that SHE met the requirements of the solicitation. Staff recommends awarding the City's remaining PLHA funds from the first five-year funding cycle, specifically the 2022 and 2023 allocations totaling $192,900, to SHE for accessibility modifications to eligible lower-income, owner-occupied homes. Housing staff evaluated complete applications, reviewed related long-range plans for federal and state grant resources, and considered other community conditions in developing the PLHA funding recommendation for City Council consideration.

Under the proposed agreement, SHE will administer accessibility modifications for eligible lower-income, owner-occupied homes within the City of Tulare. Assistance will be limited to households with incomes at or below 80% of the applicable area median income (AMI) for Tulare County. SHE will verify participant eligibility, including income and owner occupancy, develop eligible scopes of work, oversee contractor bidding, and monitor completion of the improvements. The proposed activity will also assist the City in meeting the 40% Affordable Owner-Occupied Workforce Housing (AOWH) PLHA program requirement.

SHE has prepared a budget of $192,900 to administer the program and provide eligible accessibility improvements. Improvements may include, but are not limited to, installation of grab bars, widening of doorways, lowering of countertops, installation of accessibility ramps, modified door handles, and bathroom improvements. Assistance will be provided to eligible homeowners through forgivable loans. SHE anticipates assisting approximately seven lowincome households.

The City and SHE will finalize local program guidelines to ensure fair and consistent program administration. If approved, implementation is anticipated to begin within approximately one month, with at least 18 months available for the City and SHE to expend the PLHA funds.

Fiscal Impact & Funding Source(s): The Agreement provides for the use of $192,900 in available PLHA funds for payment through fund 310 and program number 707.

Environmental Review: This action does not constitute a “project” pursuant to California Environmental Quality Act (CEQA).

Potential Conflict of Interest: Mayor Isherwood is employed by Self-Help Enterprises, the proposed contracting party.

Legal Review: A Service Agreement is under review by the City Attorney.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table. If approval is not given, the City must hold a new request for proposal process and identify a comparable scope of work for the eligible expenditure of remaining 2022-2023 PLHA funds.

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Agenda Memo - October 6, 2026

7.11 Bardsley Ave & Nelder Grove St Traffic Signal Design.

Recommended Action: Authorize the City Manager to sign a task order with 4Creeks, Inc. in the amount of $115,600 for engineering design services for a new traffic signal at Bardsley Ave and Nelder Grove St (EN0061); and to approve change orders in an amount not to exceed 10% ($11,560) of the task order amount. [M. Winton]
Alignment with Strategic Priorities: Infrastructure and Transportation Summary: The Capital Improvement Program project, EN0061, Transportation Expansion, receives annual funding to support projects involving new construction of transportation facilities, aiming to increase the capacity and reach of the City's transportation system.

In February 2026, an engineering traffic warrant study was conducted at the Bardsley Avenue and Nelder Grove Street Intersection. The study evaluated traffic conditions, pedestrian characteristics, and the location's physical characteristics to determine whether installing a traffic control signal is justified. The intersection meets three of six applicable CMUTCD (California Manual on Uniform Traffic Control Devices) traffic signal warrants under existing conditions at the intersection of Bardsley Avenue and Nelder Grove Street. The three warrants that are met are traffic volume based, and with the pending commercial development at the northwest corner of the intersection, traffic volumes are expected to increase. For this reason, staff is recommending that a traffic signal be installed at the intersection. 4Creeks submitted a proposal to provide engineering services, including construction documents (preliminary plans, specifications, an opinion of probable cost, a signal timing plan, and a bid set), bidding support services, a topographic survey, and construction support services.

In May 2026, the City issued a Request for Qualifications for multiple on-call consultant services.

One of the services was roadway and traffic engineering. Twelve (12) firms submitted the required information for consideration for inclusion on a list of pre-approved consultants to provide these services. The proposals were reviewed and rated in accordance with the consultant selection procedures identified in the RFQ, and the top five (5) firms were recommended for inclusion on the list of pre-qualified roadway and traffic engineering consultants. On July 7, 2026, the City Council approved the list of (5) consultants. 4Creeks of Visalia, CA, is included on the list of pre-qualified on-call roadway and traffic engineering consultants and demonstrated in its proposal that it has the skills, expertise, and resources to meet the City’s needs and to complete the design of this project within the required timeframe.

Fiscal Impact & Funding Source(s): Capital Improvement Program project EN0061, Transportation Expansion, is budgeted annually in the amount of $175,000.

Environmental Review: This project is exempt pursuant to Section 15301(c) of the California Environmental Quality Act of 1970, as amended.

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: This item does not require legal review.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

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Agenda Memo - October 6, 2026
Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table. Approval with changes would require resubmission and staff review before the Council can reconsider the proposal.

Denying or tabling the request may prevent or delay the City from moving forward with the project.

7.12 NOC for Public Improvements Associated with the Paige Industrial Center.

Recommended Action: Accept the required public works improvements for the Paige Industrial Center located on the south side of Paige Avenue west of I Street, authorize the City Engineer to sign the Notice of Completion (NOC), and direct the City Clerk to file the NOC with the Tulare County Recorder’s Office. [M. Winton]
Alignment with Strategic Priorities: Infrastructure and Transportation Summary: As part of Site Plan Review Application No. SP22-053, a 542,570 s.f. logistics/distribution warehouse was approved on property located along the south side of Paige Avenue west of “I” Street. The Developer was CA Industrial Tulare, LLC. Under the conditions of project approval, the Developer was required to construct certain public improvements consisting of water main installation in Paige Avenue and Street improvements on both Paige Avenue and I Street. The Developer has completed construction of all required public works improvements in accordance with the approved plans and specifications for this project.

Fiscal Impact & Funding Source(s): One year following Council’s acceptance of the public works improvements, the City will assume responsibility for their ongoing maintenance.

Environmental Review: This action does not constitute a “project” pursuant to California Environmental Quality Act (CEQA).

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: The City’s Notice of Completion template has been reviewed and approved as to form by the City Attorney.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table. A delay in the City accepting the improvements would extend the Developer’s responsibility for maintenance of public improvements completed, which could be cause for litigation.

7.13 Designating Stop Control at Various Intersections.

Recommended Action: Adopt a resolution designating stop control at various uncontrolled intersections located between Bardsley Avenue, Pleasant Avenue, Denair Street and E Street. [M. Winton]
Alignment with Strategic Priorities: Infrastructure and Transportation Summary: Based upon the findings of a traffic study prepared by Peters Engineering Group of Clovis, CA, it is recommended that the following intersections be designated as stop intersections in accordance with the attached resolution:
• Elm Avenue and Los Angeles Street,
• Elm Avenue and Santa Clara Street,
• Elm Avenue and D Street,
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• Alpine Avenue and Larkin Street,
• Alpine Avenue and C Street,
• Owens Avenue and Larkin Street,
• Owens Avenue and C Street,
• Owens Avenue and D Street,
• Pine Avenue and D Street, and
• Beaumont Avenue and Larkin Street.

The Engineering Division received a citizen request to install an all-way stop at the intersection of Elm Avenue and Santa Clara Street. This intersection is a 4-legged intersection that currently does not have any stop control and relies on general right-of-way rules for uncontrolled intersections:
• At four-legged intersections, the first vehicle to reach the intersection has the right of way, except that vehicles making a turning movement shall yield to vehicles making a thru movement.
• When vehicles arrive simultaneously at a four-legged intersection, vehicle on the right shall have the right of way.

The citizen request was forwarded to the City’s Transportation Management Team, which consists of representative from various City Departments involved in transportation and public safety. In reviewing the surrounding area, it was found that other intersections in the vicinity also lack stop control. These include the intersections of Elm Avenue and Los Angeles Street, Elm Avenue and D Street, Alpine Avenue and Larkin Street, Alpine Avenue and C Street, Owens Avenue and Larkin Street, Owens Avenue and C Street, Owens Avenue and D Street, Pine Avenue and D Street, and Beaumont Avenue and Lamar Street. The uniform and consistent application of traffic control devices is critical to meet driver expectations and avoid confusion. For that reason, the Transportation Management Team recommended that these additional intersections also be considered for the installation of stop control.

Under their existing on-call services contract with the City, Peters Engineering Group of Clovis, CA was tasked with preparing a study to evaluate the subject intersections in accordance with the provisions and guidance of the California Manual of Uniform Traffic Control Devices (CMUTCD).

Study Findings
None of the intersections studied met the criteria for all-way stop designation. However, it was noted that the installation of STOP signs on the minor streets at all 10 study intersections would be beneficial in addressing potential sight distance concerns. While installing a STOP sign on the minor street does not improve sight distance for vehicles stopped at the STOP sign, STOP signs can potentially improve visibility in the sense that vehicles on the major street (not required to stop) will likely be able to see a vehicle stopping on the side street and will be aware of its presence, whereas when both vehicles are approaching an unsignalized intersection without the intent to stop, neither may be able to see the other approaching. The installation of STOP signs also would provide clarification to drivers regarding the assignment of right of way at the intersections. Therefore, the study recommends that the City consider installing STOP signs on the minor street approaches of the subject intersections as follows:

1. The intersection of Elm Avenue and Los Angeles Street to be designated as a two-way stop-controlled intersection with northbound and southbound traffic on Los Angeles Street being required to stop at Elm Avenue.

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2. The intersection of Elm Avenue and Santa Clara Street to be designated as a two-way stop-controlled intersection with northbound and southbound traffic on Santa Clara Street being required to stop at Elm Avenue.

3. The intersection of Elm Avenue and D Street to be designated as a two-way stopcontrolled intersection with eastbound and westbound traffic on Elm Avenue being required to stop at “D” Street.

4. The intersection of Alpine Avenue and Larkin Street to be designated as a two-way stopcontrolled intersection with northbound and southbound traffic on Larkin Street being required to stop at Alpine Avenue.

5. The intersection of Alpine Avenue and C Street to be designated as a two-way stopcontrolled intersection with northbound and southbound traffic on C Street being required to stop at Alpine Avenue.

6. The intersection of Owens Avenue and Larkin Street to be designated as a two-way stop-controlled intersection with northbound and southbound traffic on Larkin Street being required to stop at Owens Avenue.

7. The intersection of Owens Avenue and C Street to be designated as a two-way stopcontrolled intersection with northbound and southbound traffic on C Street being required to stop at Owens Avenue.

8. The intersection of Owens Avenue and D Street to be designated as a two-way stopcontrolled intersection with eastbound and westbound traffic on Owens Avenue being required to stop at D Street.

9. The intersection of Pine Avenue and D Street to be designated as a two-way stopcontrolled intersection with eastbound and westbound traffic on Pine Avenue being required to stop at D Street.

10. The intersection of Beaumont Avenue and Lamar Street to be designated as a two-way stop-controlled intersection with northbound and southbound traffic on Lamar Street being required to stop at Beaumont Avenue.

A copy of the main body of the study by Peter Engineers Group is attached.

Fiscal Impact & Funding Source(s): Funding is budgeted to cover the estimated $10,000 expense through the Street Department’s Maintenance Materials account.

Environmental Review: This action does not constitute a “project” pursuant to California Environmental Quality Act (CEQA).

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: This item does not require legal review.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table. Failure to implement the Engineering and Traffic Study findings could result in increased liability to the City with regard to future traffic collisions at the studied intersections.

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7.14 Contract Award for Project EN0078 Bardsley at Morrison Sidewalk Improvements.

Recommended Action: Authorize the City Manager to execute a task order with 4Creeks, Inc. in the amount of $75,293 for engineering design services for Project EN0078, Bardsley Avenue at Morrison Street Sidewalk Improvements; authorize the City Manager or designee to approve contract change orders in an amount not to exceed 10% of the contract amount, or $7,529.30; and approve the revised project sheet. [B. Cahill]
Alignment with Strategic Priorities: Infrastructure and Transportation Summary: Project EN0078, Bardsley Avenue at Morrison Street Sidewalk Improvements, will complete a gap in the pedestrian route along the north side of Bardsley Avenue near Mission Oak High School. The project includes approximately 375 feet of new curb, gutter, and sidewalk improvements, along with driveway approaches, utility services, pavement improvements, and associated utility relocation work. These improvements will enhance pedestrian and traffic safety, improve ADA accessibility, and address potential liability concerns.

Right-of-way acquisition for the project is now complete following resolution of a necessity proceeding for one parcel and a probate settlement involving a neighboring parcel. With the necessary right-of-way secured, the project is ready to proceed into final design. Project EN0078 was approved by the City Council as part of the FY 2025 Capital Improvement Program.

Due to the City's current workload and limited staff capacity to complete the design in-house, consultant engineering services are needed to advance the project. The proposed scope includes supplemental topographic surveying, utility coordination, preparation of final plans, specifications and an engineer's estimate (PS&E), bidding assistance, and design support during construction.

In May 2026, the City issued a Request for Qualifications for multiple on-call consultant services, including civil engineering. Nineteen firms submitted qualifications for consideration. Following evaluation in accordance with the City's consultant selection procedures, six firms were recommended for inclusion on the City's list of pre-qualified civil engineering consultants, which the City Council approved on July 7, 2026.
4Creeks, Inc. is one of the City's pre-qualified civil engineering consultants and previously completed topographic surveying for the project. Based on its familiarity with the project and demonstrated qualifications, staff recommends issuing a task order to 4Creeks in the amount of $75,293 to complete the engineering design and related services necessary to advance the project toward construction.

Fiscal Impact & Funding Source(s): The $75,293 cost for engineering design services is included in the FY 2027 Capital Improvement Program for Project EN0078 and will be funded by the Gas Tax Fund (Fund 300). The revised project sheet reflects the updated design cost and associated project funding.

Environmental Review: This project is exempt pursuant to Section 15301 (C) of the California Environmental Quality Act of 1970, as amended.

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: This item does not require legal review.

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Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table. Changing the task order will require additional coordination with the consultant to revise the scope and fee. Denying or tabling the item would delay final design and completion of improvements intended to address ADA compliance, pedestrian safety, and potential liability concerns.

7.15 Agreement for Audit Services with Price, Paige & Company.

Recommended Action: Approve a one-year agreement with Price, Paige & Company for professional audit services for FY 2026, including the audit of the City's financial statements and Single Audit, in an amount not to exceed $121,000, and authorize the City Manager or designee to execute the agreement and related documents. [M. Gaboardi] Alignment with Strategic Priorities: Organizational Excellence Summary: On May 20, 2025, the City Council approved a one-year agreement with Price, Paige & Company for FY 2025 audit services. Although it is customary to conduct a Request for Proposals (RFP) process for multi-year engagements of three to five years for these services, an RFP has not been conducted due to staff turnover and workload associated with the financial system migration. This year's engagement will cost up to $121,000: $85,000 for standard audit services; $20,000 for additional requirements related to the financial system migration; and up to $16,000 for two additional major program reviews at $8,000 each.

Due to the complexity of establishing an audit relationship, staff recommends approval of this agreement for the FY 2026 audit. Finance staff intends to issue an RFP for audit services covering a three- to five-year period following completion of the financial system migration.

Fiscal Impact & Funding Source(s): Funding in the amount of $93,000 for audit services is included in the adopted FY 2027 budget. An additional appropriation of $28,000 is requested to fund the additional services required for the FY 2026 audit, for a total amount not to exceed $121,000.
100-100-102-105-120-5201, Auditing Services: $121,000
Environmental Review: This action does not constitute a “project” pursuant to California Environmental Quality Act (CEQA).

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: The City is engaging the same audit firm that performed the prior three audits.

The initial engagement letter was reviewed by the City Attorney's Office, and no changes were required. The primary differences in this year's engagement are the audit fee and additional fees associated with the anticipated complexity of the City's financial system migration. Because the engagement letter is similar in form and substance to prior years, additional legal review is not required.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table. Delay or denial of this item may affect the City's ability to timely complete federal and state financial reporting requirements.

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Delayed issuance of the ACFR may also affect the City's credit rating, financing activities, and other matters that rely on timely audited financial statements.

8.1 Historic-Cultural Landmark Nomination for the Frew House.

Recommended Action: Pass-to-print an ordinance designating the Frew House, located at 260 E. Merritt Avenue, as a Historic-Cultural Landmark and amending the City of Tulare Zoning Map to change the zoning designation from R-1-6 (Single-Family Residential) to R-1-6(H) (Single-Family Residential with Historic Site and Historic Neighborhood Overlay), Zone Amendment No. 774. [M. Anaya]
Alignment with Strategic Priorities: Housing and Community Development Summary: This is a request by Caleb Byron to designate the Frew House as a City of Tulare Historic-Cultural Landmark and add it to the Local Register of Historic-Cultural Landmarks.

The Frew House is a two-story late Victorian-Colonial Revival home that was constructed in 1905-1907 as part of a new subdivision known as Crocker Oak Park. The house was later annexed into city limits in October of 1960. The House is also the last surviving house of the original Crocker Oak Park subdivision. It was the home to James Harvey Frew who was an educator turned dairyman. Frew started as an educator in Nebraska who eventually started a dairy business in Iowa and later moved to Tulare after purchasing the Tulare Butter Company.

The Frew family lived in the house from 1905 to 1919. In 1960 a second house was built east of the original house.

The project site is located at 260 East Merritt Avenue (170-032-035). The subject property is zoned R-1 -6 (Single-Family Residential), and the General Plan Designation is Low Density Residential.

Section 10.38 of the updated City of Tulare Zoning Ordinance includes standards to preserve, promote, and enhance the Historic-Cultural Landmarks and designated historic districts of the city for the educational, cultural, economic, and general welfare of the public. The purpose of the zone amendment would be to designate the Frew House as a local Historic-Cultural Landmark and apply the Historic-Cultural Landmark Overlay Zone to the property.

Once a building, structure, object, site, or district is designated as a Historic-Cultural Landmark it will enable the Historic-Cultural Landmarks Advisory Committee, the Planning Commission, and the City Council, to work with property owners and the community to protect and review changes to these local landmarks and districts which have a distinctive character or a special historic, architectural, aesthetic or cultural value to this City, State, and nation. This would assist in implementing the Tulare General Plan’s goals and vision with respect to the following:

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• To continue to safeguard the heritage of this city by preserving and regulating its historic buildings, structures, objects, sites, and districts which reflect elements of the City’s historic, cultural, social, economic, political and architectural history. • To continue to preserve and enhance the environmental quality and safety of these landmarks and districts.
• To continue to establish, stabilize and improve property values and to foster economic development.

At its August 11, 2026, meeting, the City of Tulare Planning Commission voted 5-0 to recommend designation of the Frew House as a Historic-Cultural Landmarks due to architectural significance, as well as the important role this landmark and its namesake have played in the history and cultural heritage of Tulare.

Fiscal Impact & Funding Source(s): There is no fiscal impact associated with this action.

Environmental Review: This action does not constitute a “project” pursuant to California Environmental Quality Act (CEQA).

Potential Conflict of Interest: Councilmember Mederos owns real property within 500 feet from the subject property.

Legal Review: This item does not require legal review.

Public Notice: A notice of public hearing was mailed to property owners within 300 feet of the subject property and was published in The Visalia Times Delta & Tulare Advance Register on September 3, 2026, which is at least then 10 days prior to the public hearing. On, September 15, 2026, the City Council continued this item to October 6.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table. If an ordinance is not approved, the Frew House would not be designated as a local Tulare Historic-Cultural Landmark.

8.2 General Plan Amendment No. 2026-03, Zone Amendment No. 773.

Recommended Action: Adopt a resolution approving and adopting General Plan Amendment No. 2026-03; and pass-to-print an ordinance amending the Zoning Map of the City being part of Section 10.06.040 of the Tulare Municipal Code (Zone Amendment No. 773). [S. Sopp] Alignment with Strategic Priorities: Economic Development Summary: The applicant, FTB AG2, LLC is requesting to adjust the general plan land use and zoning designations originally established for the Cartmill Crossings Master Plan and Annexation Project. The project is located on the northeast corner of Cartmill Avenue and SR99.

On October 22, 2019, the City Council approved the Cartmill Crossings Project. The project included a request to annex into the City limits approximately 127-acres for a planned multi-use commercial and residential development as well as a General Plan Amendment, and Zone Amendment (Pre-zone). The project established five different land use designations, Regional Commercial, Low-Density Residential, Medium-Density Residential, High-Density Residential, and Parks and Recreation, as well as corresponding zoning designations. The Project Tulare City Council Meeting Page 17 of 20
Agenda Memo - October 6, 2026
established a general layout of land uses but no specific site plan or uses were identified and it was anticipated that full buildout of the site would take roughly 20 years.

An Environmental Impact Report (EIR) was prepared for the project. The adopted EIR established mitigation measures, including the requirement for the applicant to “coordinate with the City on the necessary improvements for the future alignment of Akers Street so that it meets the City’s design standards for a major arterial roadway.” Since approval of the Cartmill Crossings Project, the applicant has been working to market the property for future development and has been working to meet the mitigation measures adopted by the Project’s EIR. The applicant is proposing adjustments to the general plan land use and zoning designations (see attachments 1 and 2) in order to accommodate the future alignment of Akers Street and to make the project site more marketable for future development, based upon feedback the applicant received from perspective developers. The proposed changes constitute a minor redistribution of land uses for the project site and a refinement of the planned circulation network.

The Planning Commission reviewed the requested amendments and recommended approval 5-0 at is August 11, 2026, regular meeting.

Fiscal Impact & Funding Source(s): There is no fiscal impact associated with this action.

Environmental Review: An Addendum analyzing the proposed amendments was prepared to the existing Environmental Impact Report (EIR) for the Cartmill Crossings Project that was certified and adopted by City Council on October 22, 2019 (SCH# 2018111038) pursuant to provisions of Public Resources Code Sections 21000 to 21176, California Environmental Quality Act of 1970 as amended.

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: This item does not require legal review.

Public Notice: A notice of public hearing was published in The Visalia Times Delta and mailed to property owners within 300 ft. of the subject property on September 24, 2026, which is at least 10 days prior to the public hearing.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table.

9.1 Regional Sportsplex Feasibility Study.

Recommended Action: Receive a presentation on the Regional Sportsplex Feasibility Study Final Report. [J. Gomez]
Alignment with Strategic Priorities: Quality of Life and Community Engagement Summary: Victus Advisors was engaged in February 2026 to conduct a Regional Sportsplex Feasibility Study for the City of Tulare. The purpose of the Study was to identify demand for an outdoor sportsplex and sports tourism destination/hospitality opportunities. Victus conducted a Phase 1 – Market Analysis followed by a Phase 2 – Financial & Economic Analysis resulting in Tulare City Council Meeting Page 18 of 20
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a Final Report which included extensive analysis and projections. This report is attached and will be presented by Victus to the City Council.

Fiscal Impact & Funding Source(s): There is no fiscal impact associated with this action.

Environmental Review: This action does not constitute a “project” pursuant to California Environmental Quality Act (CEQA).

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: This item does not require legal review.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table.

9.2 Implementation Roadmap of the Economic Development Strategic Plan.

Recommended Action: Approve the Implementation Roadmap of the Economic Development Strategic Plan and authorize staff to proceed subject to adopted budgets and applicable City approval requirements. [J. Gomez]
Alignment with Strategic Priorities: Economic Development Summary: The recently adopted Economic Development Strategic Plan establishes the framework for the City’s economic development efforts. The proposed Implementation Roadmap incorporates recommendations from the Strategic Plan, Includus Labs, and the Economic Development Department and establishes a multi-year framework of goals, action items, target timelines, and ongoing activities organized around ten strategic priorities.

Implementation is anticipated to occur in phases beginning in late 2026, with near-term efforts focused on establishing baseline performance measures, strengthening business support and attraction efforts, coordinating economic development and marketing activities, and advancing planning for key economic development initiatives. Subsequent phases include evaluation of regulatory and financing tools, Downtown and Inyo Corridor revitalization efforts, business park development, sports facilities, and tourism initiatives.

The attached Implementation Roadmap provides details regarding the goals, action items, target timelines, and ongoing activities associated with each strategic priority. The Roadmap is intended to guide implementation while individual initiatives remain subject to applicable budget, procurement, land use, legal, and City Council approval requirements. A summary of the anticipated implementation phases is provided below.

Phase 1: Foundational Anchors & System Setup (Late 2026 – Early 2027) • Fall 2026: Coordinate planning efforts for an Indoor Sports Facility and Adventure Park as a potential anchor for the Entertainment District.
• Winter 2026–27: Establish baseline economic performance measures to support annual tracking and public reporting.
• Winter 2026–27: Coordinate regional marketing, downtown revitalization, and economic development efforts to support consistent messaging.

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Phase 2: Regulatory Agility & Funding Architecture (Mid 2027 – Late 2027) • Summer 2027: Advance online tools to assist applicants with site selection, zoning, and permitting processes.
• Summer 2027: Evaluate potential Enhanced Infrastructure Financing District (EIFD) and Community Facilities District (CFD) opportunities.
• Fall 2027: Review potential modifications to downtown zoning regulations to increase development opportunities.
• Winter 2027–28: Identify and prioritize action items for the Inyo Avenue Corridor.

Phase 3: Long-Term Economic Development Initiatives (2028 – 2030) • Summer 2028: Advance development of a downtown Food Incubator or Indoor Market connecting Downtown Tulare with the region’s agricultural identity. • Fall 2028: Advance development of a Specific Plan for the proposed Business Park and identified value-capture financing opportunities, as appropriate. • Fall 2029: Advance efforts to establish a designated food truck and farmers market on City-owned property on the west side.
• Fall 2030: Implement identified tourism and agritourism strategies.

Fiscal Impact & Funding Source(s): Implementation of the Roadmap is expected to require approximately $33,000 in FY 2027 for programs and services supporting the City’s business assistance and economic development efforts. Funding is available within the Economic Development Department’s adopted budget in account 100-100-101-102-5267 through the reallocation of funding previously associated with the Tulare County Economic Development Corporation.

Certain programs and initiatives identified in the Roadmap may require additional funding in future fiscal years. Those expenditures will be incorporated into future budget requests or presented separately to the City Council for consideration, as applicable.

A proposed partnership with the Tulare Chamber of Commerce to support implementation of the BEAR Program will be presented separately to the City Council for consideration.

Environmental Review: This action does not constitute a “project” pursuant to California Environmental Quality Act (CEQA).

Potential Conflict of Interest: Staff is not aware of any conflicts of interest.

Legal Review: This item does not require legal review.

Public Notice: This item does not require a public hearing and was noticed as part of the agenda.

Alternative Action: 1) Approve with changes; 2) Deny; or 3) Table.

10. FUTURE AGENDA ITEMS - NONE SUBMITTED [Time Estimate: 7:45 p.m.]

10.1 Consider Maximum Tax Per Utility Relating to the Utility User Tax (UUT).

Recommended Action: Direct staff to add to a future agenda or take no action.

Submitted by: Councilmember Mederos

11. STAFF UPDATES [Time Estimate: 7:50 p.m.]
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12. RECESS TO CLOSED SESSION TO DISCUSS THE FOLLOWING [Time Estimate: 7:55 p.m.]

12.1 Public Employee Performance Evaluation (Gov. Code § 54957) Title: City Attorney

12.2 Public Employee Performance Evaluation (Gov. Code § 54957) Title: City Manager

13. RECONVENE FROM CLOSED SESSION [Time Estimate: 9:30 p.m.]

14. CLOSED SESSION REPORT - This is the time for Council to publicly report specified closed session action and the vote taken on those actions, if any.

15. ADJOURNMENT [Time Estimate: 9:30 p.m.]
The next regularly scheduled meeting of the Tulare City Council is Tuesday, October 20, 2026, at 5:30 p.m. in the Council Chamber, 491 North M Street, Tulare.

WHEREAS, September 15 through October 15 is nationally recognized as Hispanic Heritage Month, a time to celebrate the histories, cultures, traditions, and contributions of Hispanic and Latino Americans; and
WHEREAS, the observance begins on September 15, a date that marks the anniversary of independence for Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua, followed by the independence celebrations of Mexico on September 16 and Chile on September 18; and WHEREAS, generations of Hispanic and Latino Americans have enriched our nation and our community through their contributions to agriculture, business, education, public service, the arts, civic life, and countless other endeavors; and
WHEREAS, the City of Tulare is strengthened by the Hispanic and Latino residents, families, businesses, community organizations, and leaders who contribute to the vitality, character, and future of our community; and
WHEREAS, the Hispanic Alliance for Culture, Education and Recognition (HACER) has served Tulare County since 1993, supporting local students through scholarships while promoting educational opportunity, leadership development, cultural heritage, student achievement, and community involvement; and
WHEREAS, Hispanic Heritage Month provides an opportunity to honor these contributions, celebrate the diverse cultures and traditions represented within our community, and recognize the individuals and organizations working to preserve and share this heritage with future generations.

NOW, THEREFORE, we, the City Council of the City of Tulare, do hereby proclaim September 15 through October 15, 2026 as
Hispanic Heritage Month
in the City of Tulare and encourage all residents to join in celebrating the rich histories, cultures, achievements, and contributions of Hispanic and Latino Americans. We further recognize the Hispanic Alliance for Culture, Education and Recognition (HACER) for its longstanding commitment to education, leadership, cultural heritage, and the success of students throughout Tulare and surrounding communities.

Dated this 6th day of October 2026.

Patrick Isherwood, Mayor
Stephen C. Harrell, Vice Mayor
Jose Sigala, Councilmember

Terry A. Sayre, Councilmember
Dennis A. Mederos, Councilmember
Proclamation
WHEREAS, the City of Tulare is committed to ensuring the safety and security of all those living in and visiting our community; and
WHEREAS, fire is a serious public safety concern, and homes are where people are at greatest risk from fire, making prevention, preparedness, and early warning essential to protecting lives and property; and
WHEREAS, working smoke alarms provide critical warning during a fire, giving occupants valuable time to escape, and residents are encouraged to ensure smoke alarms are properly installed, maintained, and tested regularly; and
WHEREAS, residents should develop and practice a home fire escape plan, identify two ways out of every room when possible, establish an outside meeting place, and ensure everyone in the household knows how to respond when a smoke alarm sounds; and WHEREAS, the Tulare Fire Department is dedicated to reducing the occurrence and impact of fires through prevention, education, preparedness, and emergency response, while helping residents understand the steps they can take to keep themselves, their families, and their homes safe; and WHEREAS, Fire Prevention Week provides an important opportunity to promote fire safety awareness and encourages residents to take simple, proactive steps that can prevent fires, reduce injuries, and save lives.

NOW, THEREFORE, we, the City Council of the City of Tulare, do hereby proclaim the week of October 4-10, 2026 as
Fire Prevention Week
in the City of Tulare and encourage all residents to practice fire prevention, maintain working smoke alarms, develop and practice home fire escape plans, and support the fire safety efforts of the Tulare Fire Department.

Dated this 6th day of October 2026.

Patrick Isherwood, Mayor
Stephen C. Harrell, Vice Mayor
Jose Sigala, Councilmember

Terry A. Sayre, Councilmember
Dennis A. Mederos, Councilmember
Proclamation
Office of the City Council
411 East Kern, Tulare, CA 93274
559.684.4200 | www.tulare.ca.gov
September 15, 2026
Tulare County Board of Supervisors
2800 West Burrel Avenue
Visalia, CA 93291
Subject: Commitment and Support for the Matheny Tract Community Enhancement and Sustainability Project TCC Grant Application
Chair Shuklian, Vice Chair Townsend, and Supervisors:

On behalf of the City of Tulare, I am pleased to express the City’s support for the Matheny Tract Community Enhancement and Sustainability Project being submitted to the Round 6 Transformative Climate Communities Grant Program (TCC).

The City and the County have a long history of collaboration on infrastructure projects to serve our respective communities. For decades, the City and County have entered into maintenance agreements, memorandum of understandings, and granted easements to one another as part of a mutually beneficial relationship.

The Matheny Tract community is directly adjacent to the City’s jurisdictional boundaries, and the City currently provides water service to Matheny Tract residents. In the near future, the City and the County will execute a memorandum of understanding to provide sewer service to Matheny Tract residents, upon completion of the State Water Resources Control Board funding for the Matheny Tract Wastewater Implementation Project (anticipated 2028).

This project would construct a multi-use trail with amenities from West Addie Avenue to West Paige Avenue, above the existing Tulare Irrigation District (TID) canal alignment. If TCC funding were awarded for this project, and upon completion of trail construction, TID would grant an easement to, and co-name the City and the County as grantees. This easement would describe the terms of use of the property, including the provision that the City provide regular maintenance of the trail. The City has the capacity to accept these responsibilities and commits to maintaining the trail as a part of regularly scheduled parks, outlot, and trails maintenance operations.

Please contact Thomas W. Gaffery IV, Assistant City Manager at [email protected] or 559.684.4381 for any questions or concerns.

Sincerely,
Patrick Isherwood
Mayor
Item #: 5.1
Communications
Item #: 7.2
Consent
Staff Report
City Council
Date: October 6, 2026
Department: City Clerk
Submitted by: Melissa Wilcox, City Clerk & Public Affairs Director Agenda Title: Approval of the City Council Meeting Minutes

RECOMMENDED ACTION
Approve the minutes of the special and/or regular meeting of September 15, 2026.

ALIGNMENT WITH STRATEGIC PRIORITIES
Not Applicable

SUMMARY
The meeting minutes for the September 15, 2026 meeting are provided for Council review and approval.

FISCAL IMPACT & FUNDING SOURCES
There is no fiscal impact associated with this action.

ENVIRONMENTAL REVIEW
This action does not constitute a “project” pursuant to the California Environmental Quality Act (CEQA).

POTENTIAL CONFLICT OF INTEREST
Staff is not aware of any conflicts of interest.

LEGAL REVIEW
This item does not require legal review.

PUBLIC NOTICE
This item does not require a public hearing and was noticed as a part of the agenda.

ALTERNATIVE ACTION

1. Approve with changes

2. Deny

3. Table

ATTACHMENTS

1. Meeting Minutes
Reviewed/Approved: MM
City of Tulare Page 1 of 4
City Council Meeting Minutes
Tuesday, September 15, 2026 - 5:30 p.m. Regular Meeting City Council Chamber, 491 North M Street, Tulare, California Proper notice of this regular meeting of the Tulare City Council was given pursuant to California Government Code Section 54954.2.

City Council Present: Mayor Patrick Isherwood, Vice Mayor Stephen C. Harrell, Jose Sigala (arrived at 5:47 p.m.), Dennis A. Mederos
City Council Absent: Terry A. Sayre
Staff Present: City Manager Marc Mondell; City Attorney Mario U. Zamora; City Clerk & Public Affairs Director Melissa Wilcox; Assistant City Manager Thomas W. Gaffery IV; Deputy City Manager/Chief Technology Officer Jason Bowling; Chief Financial Officer Mark Roberts; City Engineer Michael Miller; Public Works Director Trisha Whitfield; Community Services Director Chris Orr; Police Chief Fred Ynclan; Fire Chief Michael Ott; General Services Director Manny Correa; Community Development Director Mario Anaya; Executive Director of Economic Development & Redevelopment Jennifer Gomez; Human Resources Director Janie Venegas; Housing & Grants Specialist Norveen Brar; Housing & Grants Specialist Jessica Cervantez

1. CALL TO ORDER
Mayor Isherwood called to order the regular meeting of the Tulare City Council at 5:34 p.m. in the Council Chamber located at 491 North M Street.

2. PLEDGE OF ALLEGIANCE AND INVOCATION
Fire Chief Ott led the Pledge of Allegiance, and an invocation was given by Caleb Byron, Youth Pastor of Tulare Community Church.

3. PUBLIC COMMENT
Gina Haycock, Mike Lee, Jordan Higareda, and Mariana Alvarenga (Leadership Counsel for Justice and Accountability) shared concerns related to data centers and encouraged the Council to schedule a study session to discuss the potential benefits and impacts of data centers.

Rick Gorham expressed support for scheduling a study session to learn more about data centers and advised data centers are essential.

Donnette Silva, Tulare Chamber of Commerce CEO, shared recent and upcoming Chamber events.

It was the consensus of Council to hear Item 8.4 following Item 3 Public Comment.

4. COMMUNICATIONS
City Manager Mondell advised there were no communications.

5. COUNCIL REPORTS AND ITEMS OF INTEREST
Council reported on recent events and discussed items of interest.

6. CONSENT CALENDAR
It was moved by Councilmember Sigala, seconded by Vice Mayor Harrell, and unanimously carried to approve the items on the Consent Calendar as presented.

City Council Meeting Minutes Tuesday, September 15, 2026 City of Tulare Page 2 of 4

6.1 Waive the reading of ordinances and approve reading by title only.

Recommended Action: Approve the reading by title only of all ordinances and that further reading of such ordinances be waived.

6.2 Approval of City Council Meeting Minutes.

Recommended Action: Approve the minutes of the special and/or regular meeting of September 1, 2026. [M. Wilcox]

6.3 Grant of Easement to SCE Related to F&C Farming Subdivision.

Recommended Action: Authorize the City Manager to execute a Grant of Easement and Certificate of Conveyance to Southern California Edison Company (SCE) for installation and maintenance of SCE utilities located within Lots A, B, E, and F of the F&C Farming subdivision, subject only to minor conforming and clarifying changes acceptable to the City Attorney and City Manager. [M. Miller]

6.4 Enterprise Resource Planning System Financial Reconciliation & Close Support.

Recommended Action: Authorize the City Manager, or designee, to execute an agreement with Macias Gini & O’Connell LLP (MGO) for enterprise resource planning system (“ERP system”) financial reconciliation and year-end close support services to assist the City with its first fiscal year-end close following the conversion from Eden Systems to Tyler Enterprise ERP (“EERP”), including general ledger validation and reconciliation, year-end close procedures, and related financial reporting, fund balance, capital project, and purchase order/encumbrance reconciliation services, in an amount not to exceed $50,000, subject to available appropriations; and authorize the City Manager, or designee, to execute any necessary documents associated with the agreement pending non-substantive changes recommended by the City Attorney. [M. Roberts]

6.5 Economic Development Updates.

Recommended Action: Receive an update on economic development activities. [J. Gomez]

6.6 Grant of Easement to SoCalGas for the Parking Lot South of 215 E. Kern Avenue.

Recommended Action: Authorize the City Manager to execute a Grant of Easement and Certificate of Conveyance to Southern California Gas Company (“SoCalGas”) for installation and maintenance of SoCalGas utilities located in the parking area south of the property at 215 E Kern Ave, subject only to minor conforming and clarifying changes acceptable to the City Attorney and City Manager. [M. Miller]

7. PUBLIC HEARING

7.1 2025 Consolidated Annual Performance Evaluation Report (CAPER).

Recommended Action: Adopt a resolution approving the 2025 Consolidated Annual Performance Evaluation (CAPER); and authorize the City Manager or their designee to submit the 2025 CAPER to the U.S. Department of Housing and Urban Development (HUD) on behalf of the City of Tulare.

Presented By: Housing & Grants Specialist Brar; Housing & Grants Specialist Cervantez Public Comment: The public hearing was opened at 6:46 p.m. There being no public comments, the public hearing was closed at 6:47 p.m.

Council Action: It was moved by Councilmember Mederos, seconded by Vice Mayor Harrell, and unanimously carried to approve the item as presented.

7.2 TMC Chapter 10.83 By-Right Approvals Revision.

Recommended Action: Pass-to-print an ordinance approving Zone Amendment 778 to amend Chapter 10.83 (By-Right Approvals) to the Tulare Municipal Code (TMC).

Presented By: Community Development Director Anaya
Public Comment: The public hearing was opened at 6:51 p.m. There being no public comments, the public hearing was closed at 6:51 p.m.

City Council Meeting Minutes Tuesday, September 15, 2026 City of Tulare Page 3 of 4
Council Action: It was moved by Councilmember Mederos, seconded by Vice Mayor Harrell, and unanimously carried to approve the item as presented.

7.3 Historic-Cultural Landmark Nomination for the Frew House.

Presented By: Community Development Director Anaya
Public Comment: There were no public comments.

Council Action: Staff requested that the item be continued to October 6, 2026, to allow for sufficient public notice. It was moved by Councilmember Mederos, seconded by Councilmember Sigala, and unanimously carried to continue this item to October 6, 2026.

8. GENERAL BUSINESS

8.1 State and Federal Legislative Update and November Election Preview.

Recommended Action: Receive a presentation providing an update on state and federal legislative activity and a preview of the November 2026 statewide ballot measures.

Presented By: City Manager Mondell; Spencer Street of Townsend Public Affairs Public Comment: There were no public comments.

Council Action: This item was informational only; therefore, no action was taken.

8.2 ACFR and Single Audit for Fiscal Year Ended June 30, 2025.

Recommended Action: Review and accept the Annual Comprehensive Financial Report (ACFR) and Single Audit for the Fiscal Year Ended June 30, 2025.

Presented By: Chief Financial Officer Roberts; Anthony Gonzales of Price Paige & Company Public Comment: There were no public comments.

Council Action: It was moved by Councilmember Mederos, seconded by Councilmember Sigala, and unanimously carried to approve the item as presented.

8.3 Community Gardens Presentation.

Recommended Action: Receive a presentation regarding community gardens and the Community Health Trust of Pajaro Valley and City of Watsonville community garden partnership.

Presented By: Community Services Director Orr; Gustavo Indarose of Community Health Trust of Pajaro Valley; Leonardo Cruz of the City of Watsonville Public Comment: There were no public comments.

Council Action: This item was informational only; therefore, no action was taken.

8.4 Discussion Regarding a Potential Data Center Study Session.

Recommended Action: Discuss and provide direction regarding whether to schedule a City Council study session concerning data centers and, if desired, identify topics to be addressed as part of the study session.

Presented By: City Manager Mondell; Assistant City Manager Gaffery Public Comment: Mike Lee inquired about the City’s standpoint, involvement, and what the City can do to be part of the Global Stack issue with the Tulare County Fairgrounds. Rick Gorham addressed the Council advising that data centers are already all over and there are current bills related to data centers on the Governor’s desk. Jordan Higareda requested documents shared at the recent American Planning Association retreat that City Manager Mondell participated in and expressed concern specifically with hyperscale data centers or closed-loop data centers.

Council Action: It was the consensus of Council to direct staff to schedule a data center study session within the next 90 days. As part of the study session, Council requested information regarding the different types and definitions of data centers; potential benefits and impacts, including resiliency centers; the City's approval process; available studies and expert City Council Meeting Minutes Tuesday, September 15, 2026 City of Tulare Page 4 of 4
perspectives; potential impacts on electric rates, including information directly from Southern California Edison; input from City Information Technology staff; and information regarding how other cities are addressing data centers.

8.5 Measure A Voter Education Update.

Recommended Action: Receive an update regarding the City's Measure A voter education efforts (informational only).

Presented By: Assistant City Manager Gaffery
Public Comment: There were no public comments.

Council Action: This item was informational only; therefore, no action was taken.

9. FUTURE AGENDA ITEMS - NONE SUBMITTED

10. STAFF UPDATES
Staff provided updates on department activities.

11. RECESS TO CLOSED SESSION TO DISCUSS THE FOLLOWING ITEMS

11.1 Public Employee Performance Evaluation (Gov. Code § 54957) Title: City Manager
A moment of silence was held in memory of Rachel Saenz Mora.

Council recessed to closed session at 9:05 p.m.

12. RECONVENE FROM CLOSED SESSION
Council reconvened from closed session at 11:20 p.m.

13. CLOSED SESSION REPORT
There was no reportable action.

14. ADJOURNMENT
Seeing no further business to discuss, Mayor Isherwood adjourned the regular meeting at 11:20 p.m.

I hereby certify that the foregoing is a true and correct copy of the minutes of the special and/or regular meeting held on September 15, 2026, as approved by the Tulare City
Council.

Melissa Wilcox, City Clerk & Public Affairs Director
Item #: 7.3
Consent
Staff Report
City Council
Date: October 6, 2026
Department: Community Development - Planning
Submitted by: Mario Anaya, Community Development Director Agenda Title: Second Reading and Adoption of Ordinance 2026-08

RECOMMENDED ACTION
Adopt Ordinance 2026-08 approving Zone Amendment 778 to amend Chapter 10.83 (By-Right Approvals) to the Tulare Municipal Code (TMC).

ALIGNMENT WITH STRATEGIC PRIORITIES
Housing and Community Development

SUMMARY
On April 21, 2026, the City Council voted to approve a resolution for several actions to locally adopt the City of Tulare’s 6th Cycle Housing Element. After a second reading of the ordinance approved on May 5, 2026, the Housing Element was submitted to the state Housing and Community Development (HCD) Department for review and final approval.

Staff is recommending that City Council approve this ordinance to make the revisions to the text of TMC

10.83, as required for the City’s Housing Element to qualify for final approval and certification by HCD.

The ordinance was introduced and passed-to-print on September 1, 2026.

FISCAL IMPACT & FUNDING SOURCES
There is no fiscal impact associated with this action.

ENVIRONMENTAL REVIEW
An Addendum to the certified Environmental Impact Report (EIR) prepared for the City's 2014 General Plan has been prepared for the project.

The action on this item is simply to approve minor text changes that clarify the existing ordinance and would not constitute a project or require further environmental analysis under the California Environmental Quality Act.

POTENTIAL CONFLICT OF INTEREST
Staff is not aware of any conflicts of interest.

LEGAL REVIEW
This item does not require legal review.

PUBLIC NOTICE
This item does not require a public hearing and was noticed as a part of the agenda.

ALTERNATIVE ACTION

1. Approve with changes

2. Deny

3. Table
Approving with changes, tabling, or denying the recommended actions will result in the City of Tulare no longer being eligible for State housing grants and funding, such as PLHA, as well as competitive housing grant programs. The city could also face potential legal action for non-compliance.

ATTACHMENTS

1. Ordinance 2026-08
Reviewed/Approved: MM
ORDINANCE 2026-08

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TULARE
AMENDING CHAPTER 10.83 (BY-RIGHT APPROVALS) TO THE TULARE MUNICIPAL CODE WHEREAS, the City Council of the City of Tulare, at a regular meeting held September 15, 2026, considered a request to amend Zoning Ordinance Section 10.83; and WHEREAS, the City Council of the City of Tulare determined that the proposed amendment is in the public interest; and
WHEREAS, the City Council of the City of Tulare determined that the proposed amendments are consistent and compatible with the general plan and implementation programs which may be affected; and
WHEREAS, the City Council of the City of Tulare determined that the proposed request will not be detrimental to the public health, safety, and welfare or be materially injurious to properties or improvements in the vicinity; and
WHEREAS, an Addendum to the certified Environmental Impact Report (EIR) for the City's 2014 General Plan was prepared.

NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Tulare as follows:

SECTION 1. Chapter 10.83 of the Tulare Municipal Code is hereby amended and shall read as follows:

Chapter 10.83
By-Right Approvals
Sections

10.83.010 Purpose.

10.83.020 Definitions.

10.83.030 Eligibility for By-right Approval.

10.83.040 Permit Requirements.

10.83.050 Review of Application.

10.83.060 Required Findings.

10.83.070 Interpretation

10.83.010. Purpose.

This Article specifies the process for reviewing uses entitled to review as a “use by right” as defined in Government Code Section 65583.2. In enacting this Article, it is the intent of the City to implement State law as well as the goals, objectives, and policies of the City’s Housing Element of the General Plan.

10.83.020. Definitions
The following words and phrases shall have the meanings set forth below when used in this chapter:

BY-RIGHT. The local government's review of the project may not require a conditional use permit, planned unit development permit, or other discretionary local government review or approval that would constitute a “project” under the California Environmental Quality Act as defined in Government Code Section 65583.2.

PERMANENT SUPPORTIVE HOUSING. Housing as defined in Government Code Section 65650(a) serving the target population as defined in Government Code Section 65650(c) that meets all of the ORDINANCE 2026-08

Page 2 ends

requirements of Government Code Sections 65650 et seq. or successor provision.

LOW BARRIER NAVIGATION CENTER. A facility as defined in Government Code Section 65660(a) that meets all of the requirements of Government Code Sections 65660 et seq.

10.83.030. Eligibility for By-right Approval.

The following uses are eligible for by-right approval:

A. Housing developments with 20 percent of units affordable to lower-income households that satisfy the criteria outlined in subparagraphs (1) or (2) below:

1. Are located on sites listed as lower-income sites in the adopted housing element site inventory pursuant to Government Code Section 65583.2 subdivision (c) that are shown to have been either:
a. vacant and listed in two prior housing element site inventories, or b. non-vacant and listed in a previous housing element site inventory; or,

2. Located on sites intended to accommodate a shortfall of capacity for the lower-income regional housing need allocation pursuant to Program 2 (Adequate Sites for RHNA and Monitoring of No Net Loss), including but not limited to Annexed Sites and Rezone Site and complying with a minimum density of 20 units per acre.

B. Permanent supportive housing as defined in Government Code Section 65660 that meets all of the requirements of Government Code Sections 65660 et seq.

C. Low barrier navigation centers as defined in Government Code Section 65660 that meets all of the requirements of Government Code Sections 65660 et seq.

D. One hundred percent affordable projects located on land that was owned by an independent institution of higher education or religious institution as described in Government Code Section 65913.16.

E. Other projects eligible under State law for by-right approval.

10.83.040. Permit Requirements.

An applicant for a project eligible for by-right zoning approval shall submit a ministerial plan permit for approval of the design. No discretionary permit or approval is required.

10.83.050. Review of Application.

A. For ministerial plan permit applications listed in this section, the Community Development Director, or designee, without notice or hearing, shall consider the application ministerially without discretionary review. When the application is in compliance with the relevant standards, the permit shall be issued. The decision may be appealed to Planning Commission only by the applicant or the owner of the subject property.

B. The application for the ministerial plan permit shall be reviewed for conformance with objective standards established by the General Plan, applicable Specific Plans, Development Ordinance, design standards, and other adopted standards.

C. As provided by Government Code Section 65583.2(i), an eligible project is exempt from the California Environmental Quality Act.

D. Permanent supportive housing shall be reviewed consistent with the provisions of Government Code Sections 65650 et seq.

E. Low barrier navigation centers shall be reviewed consistent with the provisions of Government Code Sections 65650 et seq.

10.83.060. Required Findings
A. In granting a ministerial plan permit, the Community Development Director, or designee, shall issue a letter of approval and shall make the following findings:

1. That the project is eligible for by-right approval under State law.

2. That the project complies with all applicable objective zoning and other adopted standards, including but not limited to design review standards.

ORDINANCE 2026-08

Page 3 ends

3. That the project is granted subject to such applicable conditions as required to meet the standards of the use and zone in which it is located and to comply with applicable design standards.

10.83.070. Interpretation.

If any portion of this Article conflicts with any applicable State law, State law shall supersede this Article.

Any ambiguities in this Article shall be interpreted to be consistent with State law. Statutory references in this Article include successor provisions.

SECTION 2. If any section, subsection, sentence, clause, or phrase of this ordinance is, for any reason, held to be invalid or unconstitutional, such decision shall not affect the validity of the other remaining portions of this ordinance. The City Council hereby declares that it would have passed this ordinance and each section, subsection, sentence, clause, or phrase thereof, irrespective of the fact that any one or more sections, subsections, sentences, clauses, or phrases be declared invalid or unconstitutional.

SECTION 3. Pursuant to Section 15 of the Charter of the City of Tulare, it is ordered that a summary of this ordinance be published in a daily newspaper of general circulation in the City of Tulare for one day and that the ordinance be available in at least one public place at the City offices. This ordinance shall be in full force and effect 30 days from and after the date of its adoption.

PASSED, APPROVED, AND ADOPTED by the City Council of the City of Tulare this 15th day of September 2026, by the following vote:

Ayes:

Noes:

Patrick Isherwood, President of the Council
and Ex-Officio Mayor
ATTEST:

By Melissa Wilcox, City Clerk
The presence of an electronic signature certifies that the foregoing is a true and correct copy as approved by the Tulare City Council.

Passed to Print: 9/15/2026
Published:

Effective:

Item #: 7.4
Consent
Staff Report
City Council
Date: October 6, 2026
Department: Economic Development & Redevelopment
Submitted by: Jennifer Gomez, Executive Director of Economic Development & Redevelopment Agenda Title: Amendment to Agreement with Placer Labs, Inc. for Placer.ai Services

RECOMMENDED ACTION
Authorize the City Manager to execute an Amendment to the Order Form with Placer Labs, Inc. for continued access to the Placer.ai platform for a three-year term beginning December 1, 2026, through November 30, 2029, in an amount not to exceed $62,891.

ALIGNMENT WITH STRATEGIC PRIORITIES
Economic Development

SUMMARY
During Fiscal Year (FY) 2026, the City entered into a one-year agreement with Placer Labs, Inc. for access to the Placer.ai location analytics platform. The platform provides location-based data and analytical tools that staff use to evaluate retail leakage and unmet demand, trade areas, special event attendance, travel patterns, and demographic characteristics.

Continued access to Placer.ai supports implementation of the City’s Economic Development Strategic Plan and the City Council’s Economic Development strategic priority.

FISCAL IMPACT & FUNDING SOURCES
The total cost of the three-year subscription is $62,891. The annual subscription costs are $19,950 for Year 1, $20,947 for Year 2, and $21,994 for Year 3. The subscription will be invoiced annually and paid from account 100-100-101-102-000-5267. Funding for the first year of the additional term is included in the adopted FY 2027 budget. Funding for subsequent years will be subject to appropriation through the City’s annual budget process.

ENVIRONMENTAL REVIEW
This action does not constitute a “project” pursuant to the California Environmental Quality Act (CEQA).

POTENTIAL CONFLICT OF INTEREST
Staff is not aware of any conflicts of interest.

LEGAL REVIEW
This item and the proposed Amendment were reviewed by the City Attorney’s Office.

PUBLIC NOTICE
This item does not require a public hearing and was noticed as a part of the agenda.

ALTERNATIVE ACTION

1. Approve with changes

2. Deny

3. Table

ATTACHMENTS

1. Amendment to Order Form
Reviewed/Approved: MM

PLACER LABS, INC.
1 CON-058556
Placer Confidential Information
All rights reserved. This document contains confidential and/or proprietary information belonging to Placer Labs Inc. which may not be reproduced or transmitted in any form or by any means without the express written consent of Placer.

AMENDMENT TO ORDER FORM
This Amendment to Order Form (this “Amendment”), dated and effective as of the last signature below (the “Amendment Date”), modifies the Order Form executed by City of Tulare, California (“Customer”) and Placer Labs, Inc. (“Placer”) on or about December 01, 2025 (together with any other prior amendments thereto, the “Order Form”). Unless otherwise defined, capitalized terms herein have the same meaning as in the Order Form. Placer and Customer agree to amend the Order Form as follows:

1. The Parties agree to an Additional Term commencing on December 01, 2026 (“Commencement Date”) and ending on November 30, 2029.

2. Starting on the Commencement Date, the following summary of the Services and Fees is added to the beginning of the Order Form and replaces any existing summary:

1. Services and Fees.

Services Description List Price Discount Total Fees Services Description
Detail
Platform Access $78,821.92 $15,930.92 $62,891.00 Section 2 Void Analysis $0.00 $0.00 $0.00 Section 2
Events $0.00 $0.00 $0.00 Section 2
Esri Basemaps $0.00 $0.00 $0.00 Section 2
Subscription Fees Total $62,891.00
Months 1-12: Total List Price $26,273.97
Months 1-12: Multi-Year Discount
Months 1-12: Discretionary Discount ($6,323.97)
Months 1-12: Subscription Fees Total $19,950.00
Months 13-24: Total List Price $26,273.97
Months 13-24: Discretionary Discount ($5,326.97)
Months 13-24: Subscription Fees Total $20,947.00
Months 25-36: Total List Price $26,273.97
Months 25-36: Discretionary Discount ($4,279.97)
Months 25-36: Subscription Fees Total $21,994.00

PLACER LABS, INC.
2 CON-058556
Placer Confidential Information
All rights reserved. This document contains confidential and/or proprietary information belonging to Placer Labs Inc. which may not be reproduced or transmitted in any form or by any means without the express written consent of Placer.

All Fees in this Order Form are shown in US Dollar (USD)

3. Starting on the Commencement Date, the services listed in Exhibit A are added as Services in the applicable Services section of the Order Form.

4. Customer’s invoicing schedule for this Additional Term shall be as follows and replaces the current invoicing schedule, if any (for purposes of this Amendment, Effective Date means Commencement Date):

Placer will invoice Customer as follows for the
Additional Term starting on the Effective Date:

Annually (Placer will invoice
Customer for the entire Annual Fee
promptly after the Effective Date and
then annually thereafter)
Customer shall pay all invoices within the
following number of days of the invoice date: 30

5. Insurance. (a) Placer will maintain at all times during the Term, at Placer’s own cost and expense, insurance for claims which may arise from or in connection with the operations of Placer with coverage at least as broad and with limits of liability not less than the following: (i) Worker’s Compensation: Statutory; (ii) Employers Liability:
$1,000,000 per occurrence; $1,000,000 aggregate; (iii) Commercial General Liability:
$4,000,000 per claim; $5,000,000 aggregate; (iv) Professional Liability (E&O):
$5,000,000 per claim; $5,000,000 aggregate; and (v) Cyber (Network Security) Liability: $5,000,000 per claim; $5,000,000 aggregate. (b) These insurance policies will be carried with companies that have an A.M. Best Co. rating of “A-” and “Class VII” or better. Deductible amounts under the foregoing policies shall be paid by Placer and the insurance coverage provided for herein will not act to limit Placer's liability under this Agreement. Placer may deliver a Certificate of Insurance evidencing the required insurance coverage to Customer prior to the Term and during the Term Placer will promptly deliver such Certificate to Customer upon receipt of a written request.

6. Additional Terms For the Esri Basemaps Enabled Platform. Customer hereby acknowledges and agrees that access to and use of the Esri Basemaps features in the Placer Platform is subject to the supplemental Terms and Conditions included below (the “Supplemental T&Cs”). Customer acknowledges and agrees that the Supplemental T&Cs shall specifically modify, amend and supersede any contrary terms or conditions in this Order Form or the Agreement.

Supplemental T&Cs

1. Customer hereby disclaims, to the extent permitted by applicable law, Environmental

PLACER LABS, INC.
3 CON-058556
Placer Confidential Information
All rights reserved. This document contains confidential and/or proprietary information belonging to Placer Labs Inc. which may not be reproduced or transmitted in any form or by any means without the express written consent of Placer.

Systems Research Institute, Inc.’s (“Esri”) and its licensors' liability for any damages or loss of any kind, whether direct, special, indirect, incidental, or consequential, arising from the use of the Placer Platform or its components or output therefrom including, but not limited to, liability for use of the Placer Platform or its components or output therefrom in high-risk activities or liability related to any data supplied by Esri.

2. Customer hereby agrees that, at the time of termination of use of the Placer Platform, it shall delete or destroy all elements of data derived from the Placer Platform or its components; provided however, that Customer shall not be required to immediately purge from its hard-copy, electronic or email files any such data which are contained in such files for so long as such data is (i) solely retained for ordinary corporate systems backup, legal or regulatory purposes, (ii) not used for any commercial purposes or monetized in any manner and (iii) ultimately deleted in accordance with its data retention policy.

3. Customer hereby agrees that it shall comply fully with all relevant export control and trade sanctions laws and regulations of the United States, including, but not limited to, the Export Administration Regulations (EAR), including prohibited end users and end uses as referenced in Part 744 of the EAR and all of its relevant supplements including Supplement No. 4 to Part 744 of the EAR (https://www.bis.doc.gov/index.php/documents/regulationsdocs/2343-part-744-control-policy-end-user-and-end-use-based-2/file and https://www.bis.doc.gov/index.php/documents/regulations-docs/2347-744-supp-4-6/file); International Traffic in Arms Regulations (ITAR); and the United States Department of Treasury, Office of Foreign Assets Control (OFAC) regulations, and it shall ensure that the Placer Platform, Placer Data and/or any component or output therefrom is not exported, reexported, transferred, diverted, used, or accessed, directly or indirectly, in violation of any United States export control and trade sanctions laws and regulations. When applicable, Customer shall provide Placer with information about its export and distribution activities as may be required for Placer and Esri to meet their respective obligations under those laws and regulations.

4. Customer hereby agrees that it shall not remove or obscure any patent, copyright, trademark, proprietary rights notices, or legends contained in or affixed to the Placer Platform, any component thereof, any data supplied by Esri, output, metadata file, or online or hard-copy attribution page of any data supplied by Esri with respect to the Placer Platform and/or any component thereof.

5. Customer hereby acknowledges and agrees that Esri and its licensors do not warrant that any data supplied by Esri or its licensors or in the Placer Platform and/or any component thereof will meet its needs or expectations; that the use of the Placer Platform, any component thereof, any data supplied by Esri or its licensors will be uninterrupted; or that all nonconformities can or will be corrected. Esri and its licensors are not inviting reliance on any data supplied by Esri or its licensors in the Placer Platform and/or any component thereof, and Customer should always verify actual data supplied by Esri or its licensors in the Placer Platform and/or any component thereof. Any warranty offered by Placer for the Placer Platform, any component or output therefrom and/or any data supplied by Esri or its licensors shall only apply between Placer and Customer. Esri and its licensors do not offer any warranties or indemnities to Customer for the Placer Platform, any component thereof

PLACER LABS, INC.
4 CON-058556
Placer Confidential Information
All rights reserved. This document contains confidential and/or proprietary information belonging to Placer Labs Inc. which may not be reproduced or transmitted in any form or by any means without the express written consent of Placer. and/or any data supplied by Esri.

6. Customer hereby agrees that it shall not store, or cache, for the purposes of redistributing, or sublicensing content or otherwise using the Placer Platform and/or any component or output therefrom in violation of Esri's or a third-party's rights, including intellectual property rights, privacy rights, nondiscrimination laws, export laws, or any other applicable laws or regulations.

7. Except as modified by the terms of this Amendment, the Order Form shall remain in full force and effect. In the event of any conflict or inconsistency between any provision of this Amendment and any provision of the Order Form, the provisions of this Amendment shall govern and control.

City of Tulare, California

Placer Labs, Inc.

By:

\signature1 {"textsize": "small"}\
By:
\signature2 {"textsize": "small"}\
Name: \fullname1 {"textsize": "small"}\ Name: \fullname2 {"textsize": "small"}\ Title: \title1 {"textsize": "small"}\ Title: \title2 {"textsize": "small"}\ Date: \date1 {"textsize": "small"}\ Date: \date2 {"textsize": "small"}\

PLACER LABS, INC.
5 CON-058556
Placer Confidential Information
All rights reserved. This document contains confidential and/or proprietary information belonging to Placer Labs Inc. which may not be reproduced or transmitted in any form or by any means without the express written consent of Placer.

Exhibit A
Esri Basemaps
Esri Basemaps is enabled on the Placer Platform . The Esri Basemaps product is subject to the Additional Terms for the Esri Basemaps Enabled Platform outlined herein.

Item #: 7.5
Consent
Staff Report
City Council
Date: October 6, 2026
Department: Human Resources
Submitted by: Janie Venegas, Human Resources Director
Agenda Title: Bargaining Units Bereavement Leave Update

RECOMMENDED ACTION
Adopt resolutions approving and authorizing the execution of the following to update Bereavement Leave:
• Side Letter of Agreement No. 4 between the City and the California League of City Employees Association (CLOCEA) amending the Memorandum of Understanding (MOU) for the term of July 1, 2024 through June 30, 2027 adopted October 15, 2024 • Side Letter of Agreement No. 1 between the City and Tulare City Professional Fire Fighters Association Non-Management Bargaining Group (TPFA) amending the Memorandum of Understanding (MOU) for the term of July 1, 2025 through June 30, 2028 adopted April 7, 2026
• Side Letter of Agreement No. 1 between the City and Tulare City Professional Fire Fighters Association Management Bargaining Group (TPFA-M) amending the Memorandum of Understanding (MOU) for the term of July 1, 2025 through June 30, 2028 adopted April 7, 2026
• Side Letter of Agreement No. 3 between the City and Tulare Fire Chief Officer Group (TFCO) amending the Memorandum of Understanding (MOU) for the term of July 1, 2025 through June 30, 2028 adopted December 2, 2025
• Side Letter of Agreement No. 1 between the City and Tulare Police Officers Union (TPOU) amending the Memorandum of Understanding (MOU) for the term of July 1, 2024 through June 30, 2027 adopted January 21, 2025

ALIGNMENT WITH STRATEGIC PRIORITIES
Organizational Excellence

SUMMARY
The City and CLOEA, TPFA, TPFA-M, TFCO and TPOU met and conferred regarding amendments to their current MOU. The proposed Side Letters incorporate the Bereavement Leave update.

Key revisions include:

1. Provides a consistent paid bereavement leave benefit across bargaining units

2. Expands and clarifies the definition of eligible family members • Provides greater flexibility in the use of bereavement leave

3. Establishes documentation requirement
• Confirms the policy is administered in accordance with applicable California law

FISCAL IMPACT & FUNDING SOURCES
The proposed amendments may have a minimal fiscal impact, which is anticipated to be absorbed within the adopted Fiscal Year 2027 budget.

ENVIRONMENTAL REVIEW
This action does not constitute a “project” pursuant to the California Environmental Quality Act (CEQA).

POTENTIAL CONFLICT OF INTEREST
Staff is not aware of any conflicts of interest.

LEGAL REVIEW
This item has been reviewed by the City Attorney.

PUBLIC NOTICE
This item does not require a public hearing and was noticed as part of the agenda.

ALTERNATIVE ACTION

1. Approve with changes

2. Deny

3. Table

ATTACHMENTS

1. Resolution – CLOCEA

2. City of Tulare and CLOCEA Side Letter of Agreement No. 4

3. Resolution – TPFA

4. City of Tulare and TPFA Side Letter of Agreement No. 1

5. Resolution – TPFA-M

6. City of Tulare and TPFA-M Side Letter of Agreement No. 1

7. Resolution - TFCO

8. City of Tulare and TFCO Side Letter of Agreement No. 3

9. Resolution - TPOU

10. City of Tulare and TPOU Side Letter of Agreement No. 1 Reviewed/Approved: MM
RESOLUTION 2026-XXX

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TULARE
APPROVING SIDE LETTER OF AGREEMENT NO. 4 BETWEEN THE CITY OF TULARE

AND THE CALIFORNIA LEAGUE OF CITY EMPLOYEES ASSOCIATION WHEREAS, the City of Tulare (“City”) and the California League of City Employees Association (“CLOCEA”) are parties to a Memorandum of Understanding (“MOU”) that covers the period from July 1, 2024 through June 30, 2027; and
WHEREAS, representatives of the City and CLOCEA met and conferred in good faith regarding an amendment to bereavement leave provisions; and
WHEREAS, the parties have reached agreement on Side Letter of Agreement No. 4 to amend bereavement leave provisions; and
WHEREAS, the City Council is familiar with the terms and provisions of said MOU; and WHEREAS, all legal prerequisites to the adoption of this resolution have occurred.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Tulare, as follows:

Section 1. The above recitals are true and correct.

Section 2. The City Council hereby approves Side Letter of Agreement No. 4 between the City of Tulare and the California League of City Employees Association, attached hereto and incorporated herein by reference.

Section 3. The City Manager is hereby authorized and directed to execute and implement the Side Letter of Agreement No. 4 on behalf of the City.

PASSED, APPROVED, AND ADOPTED by the City Council of the City of Tulare this 6th day of October 2026, by the following vote:

Ayes:

Noes:

Absent:

Abstain:

Patrick Isherwood, President of the Council
and Ex-Officio Mayor
ATTEST:

Melissa Wilcox, City Clerk
The presence of an electronic signature certifies that the foregoing is a true and correct copy as approved by the Tulare City Council.

Page 1 of 2 ends

SIDE LETTER OF AGREEMENT NO. 4

BY AND BETWEEN THE

CITY OF TULARE

AND THE

CALIFORNIA LEAGUE OF CITY EMPLOYEES ASSOCIATION
October 2026
This Side Letter of Agreement dated October 6, 2026 is by and between the City of Tulare (“City) and the California League of City Employees Association (“CLOCEA”, collectively “Parties”).

The Parties have met and conferred to discuss the following revisions to Memorandum of Understanding (“MOU”) between the Parties for the term of July 1, 2024 through June 30, 2027, adopted October 15, 2024.

The City and CLOCEA have discussed and have come to an agreement on a necessary clarifying revision and amendment as follows:

1. Article XXII – OTHER LEAVES OF ABSENCE
Section H – BEREAVEMENT LEAVE

1. Benefit. The City shall allow an employee to be absent from work with pay for a total of five (5) days or forty (40) hours for the death of an Immediate Family Member and a total of two (2) days or sixteen (16) hours for the death of an Extended Family Member. Shift personnel who work a twenty-four (24) hour shift, shall be allowed to be absent from work with pay for a total of forty-eight (48) hours for the death of an Immediate Family Member and a total of twenty-four (24) hours for the death of an Extended Family Member

2. Definitions.
“Immediate Family Member” shall mean:
a) The employee’s spouse/domestic partner.
b) A child, parent, sibling, grandparent, grandchild, domestic partner, or parentin-law, whether related by birth, adoption, or marriage.to the employee or spouse/domestic partner.
c) A former legal guardian or person standing in loco parentis of the employee or spouse/domestic partner.
d) A member of the employee’s household, related by blood or marriage, who is not a domestic employee or lessee.
“Extended Family Member” shall mean a person related by blood, adoption, or marriage to the employee or their spouse/domestic partner who is related within the third or fourth degree of kinship, including an aunt, uncle, niece, nephew, or first cousin, as defined in California Probate Code Section 13.

Page 2 of 2 ends

3. Usage. Bereavement leave must be taken within six (6) months following the date of death. It does not have to be taken on consecutive workdays.

4. Verification. The City may require reasonable documentation of the death, such as an obituary, funeral program, memorial service announcement, or other documentation acceptable to the City.

5. Other Leave. If additional time is required beyond this Bereavement Leave for the death of an Immediate Family member, or time is needed for the death of an Extended Family member, the employee may use accrued sick leave, vacation leave, compensatory time off, or other available leave, subject to Department Head approval.

6. Minimum. Nothing in the policy shall reduce the leave the employee is entitled to under Government Code section 12945.7 but shall run concurrently with any such leave entitlement.

CITY OF TULARE: CLOCEA:

Janie Venegas Mike Cosenza
Human Resources Director CLOCEA Administrator

Marc Mondell Steve Garcia
City Manager CLOCEA Tulare President
APPROVED AS TO FORM: ATTEST:

Christina D. Smith Melissa Wilcox
Deputy City Attorney City Clerk
RESOLUTION 2026-XXX

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TULARE
APPROVING SIDE LETTER OF AGREEMENT NO. 1 BETWEEN THE CITY OF TULARE

AND THE TULARE CITY PROFESSIONAL FIRE FIGHTERS ASSOCIATION NON-MANAGEMENT

BARGAINING
WHEREAS, the City of Tulare (“City”) and the Tulare City Professional Fire Fighters Association Non-Management Bargaining Group (“TPFA”) are parties to a Memorandum of Understanding (“MOU”) that covers the period from July 1, 2025 through June 30, 2028; and WHEREAS, representatives of the City and TPFA met and conferred in good faith regarding and amendment to bereavement leave provisions; and
WHEREAS, the parties have reached agreement on Side Letter of Agreement No. 1 to amend bereavement leave provisions; and
WHEREAS, the City Council is familiar with the terms and provisions of said MOU; and WHEREAS, all legal prerequisites to the adoption of this resolution have occurred.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Tulare, as follows:

Section 1. The above recitals are true and correct.

Section 2. The City Council hereby approves Side Letter of Agreement No. 1 between the City of Tulare and the Tulare City Professional Fire Fighters Association Non-Management Bargaining Group, attached hereto and incorporated herein by reference.

Section 3. The City Manager is hereby authorized and directed to execute and implement the Side Letter of Agreement No. 1 on behalf of the City.

PASSED, APPROVED, AND ADOPTED by the City Council of the City of Tulare this 6th day of October 2026, by the following vote:

Ayes:

Noes:

Absent:

Abstain:

Patrick Isherwood, President of the Council
and Ex-Officio Mayor
ATTEST:

Melissa Wilcox, City Clerk
The presence of an electronic signature certifies that the foregoing is a true and correct copy as approved by the Tulare City Council.

Page 1 of 2 ends

SIDE LETTER OF AGREEMENT NO. 1

BETWEEN THE CITY OF TULARE AND THE TULARE CITY PROFESSIONAL FIRE

FIGHTERS ASSOCIATION NON-MANAGEMENT BARGAINING GROUP
OCTOBER 2026
This Side Letter of Agreement dated October 6, 2026 is by and between the City of Tulare (“City”) and the Tulare City Professional Fire Fighters Association Non-Management Bargaining Group (“TPFA”, collectively “Parties”). The Parties have met and conferred to discuss the following revisions to the Memorandum of Understanding (“MOU”) between the Parties for the term of July 1, 2025 through June 30, 2027, adopted April 7, 2026. This Side Letter of Agreement is in addition to the reopener identified in Section XIV of the MOU.

The City and TPFA have discussed and have come to an agreement on necessary revisions and amendments as follows:

XVIII. OTHER LEAVES OF ABSENCE

A. No Changes
B. No Changes
C. No Changes
D. No Changes
E. No Changes
F. No Changes
G. No Changes
H. No Changes
I. Bereavement Leave
a) Benefit. The City shall allow an employee to be absent from work with pay for a total of five (5) days or forty (40) hours for the death of an Immediate Family Member and a total of two (2) days or sixteen (16) hours for the death of an Extended Family Member. Shift personnel who work a twenty-four (24) hour shift, shall be allowed to be absent from work with pay for a total of forty-eight (48) hours for the death of an Immediate Family Member and a total of twenty-four (24) hours for the death of an Extended Family Member
b) Definitions.
“Immediate Family Member” shall mean:
i. The employee’s spouse/domestic partner.
ii. A child, parent, parent-in-law, sibling, grandparent, grandchild, domestic partner, or parent-in-law, whether related by birth, adoption, or marriage to the employee or spouse/domestic partner.
iii. A former legal guardian or person standing in loco parentis of the employee or spouse/domestic partner.
iv. A member of the employee’s household, related by blood or marriage, who is not a domestic employee or lessee.

Page 2 of 2 ends

“Extended Family Member” shall mean a person related by blood, adoption, or marriage to the employee or their spouse/domestic partner who is related within the third or fourth degree of kinship, including an aunt, uncle, niece, nephew, or first cousin, as defined in California Probate Code Section 13. c) Usage. Bereavement leave must be taken within six (6) months following the date of death. It does not have to be taken on consecutive workdays. d) Verification. The City may require reasonable documentation of the death, such as an obituary, funeral program, memorial service announcement, or other documentation acceptable to the City.
e) Other Leave. If additional time is required beyond this Bereavement Leave for the death of an Immediate Family member, or time is needed for the death of an Extended Family member, the employee may use accrued sick leave, vacation leave, compensatory time off, or other available leave, subject to Department Head approval.
f) Minimum. Nothing in this policy shall reduce the leave the employee is entitled to under Government Code section 12945.7 but shall run concurrently with any such leave entitlement.

J. No Changes
CITY OF TULARE: TPFA:

Janie Venegas Jarryd Carvalho
Human Resources Director Firefighter Paramedic

Marc Mondell Eric Ferreira
City Manager Firefighter

Joseph Garcia
Fire Engineer
APPROVED AS TO FORM: ATTEST:

Christina D. Smith Melissa Wilcox
Deputy City Attorney City Clerk
RESOLUTION 2026-XXX

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TULARE
APPROVING SIDE LETTER OF AGREEMENT NO. 1 BETWEEN THE CITY OF TULARE

AND THE TULARE CITY PROFESSIONAL FIRE FIGHTERS ASSOCIATION MANAGEMENT

BARGAINING
WHEREAS, the City of Tulare (“City”) and the Tulare City Professional Fire Fighters Association Management Bargaining Group (“TPFA-M”) are parties to a Memorandum of Understanding (“MOU”) that covers the period from July 1, 2025 through June 30, 2028; and WHEREAS, representatives of the City and TPFA-M met and conferred in good faith regarding and amendment to bereavement leave provisions; and
WHEREAS, the parties have reached agreement on Side Letter of Agreement No. 1 to amend bereavement leave provisions; and
WHEREAS, the City Council is familiar with the terms and provisions of said MOU; and WHEREAS, all legal prerequisites to the adoption of this resolution have occurred.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Tulare, as follows:

Section 1. The above recitals are true and correct.

Section 2. The City Council hereby approves Side Letter of Agreement No. 1 between the City of Tulare and the Tulare City Professional Fire Fighters Association Management Bargaining Group, attached hereto and incorporated herein by reference.

Section 3. The City Manager is hereby authorized and directed to execute and implement the Side Letter of Agreement No. 1 on behalf of the City.

PASSED, APPROVED, AND ADOPTED by the City Council of the City of Tulare this 6th day of October 2026, by the following vote:

Ayes:

Noes:

Absent:

Abstain:

Patrick Isherwood, President of the Council
and Ex-Officio Mayor
ATTEST:

Melissa Wilcox, City Clerk
The presence of an electronic signature certifies that the foregoing is a true and correct copy as approved by the Tulare City Council.

Page 1 of 2 ends

SIDE LETTER OF AGREEMENT NO. 1

BETWEEN THE CITY OF TULARE AND THE

TULARE CITY PROFESSIONAL FIRE FIGHTERS ASSOCIATION

MANAGEMENT BARGAINING GROUP
OCTOBER 2026
This Side Letter of Agreement dated October 6, 2026 is by and between the City of Tulare (“City”) and the Tulare City Professional Fire Fighters Association Management Bargaining Group (“TPFA-M”, collectively “Parties”). The Parties have met and conferred to discuss the following revisions to the Memorandum of Understanding (“MOU”) between the Parties for the term of July 1, 2025 through June 30, 2028, adopted April 7, 2026. This Side Letter of Agreement is in addition to the reopener identified in Section XIV of the MOU.

The City and TPFA-M have discussed and have come to an agreement on necessary revisions and amendments as follows:

XVIII. OTHER LEAVES OF ABSENCE

A. No Changes
B. No Changes
C. No Changes
D. No Changes
E. No Changes
F. No Changes
G. No Changes
H. No Changes
I. Bereavement Leave
a) Benefit. The City shall allow an employee to be absent from work with pay for a total of five (5) days or forty (40) hours for the death of an Immediate Family Member and a total of two (2) days or sixteen (16) hours for the death of an Extended Family Member. Shift personnel who work a twenty-four (24) hour shift, shall be allowed to be absent from work with pay for a total of forty-eight (48) hours for the death of an Immediate Family Member and a total of twenty-four (24) hours for the death of an Extended Family Member
b) Definitions.
“Immediate Family Member” shall mean:
i. The employee’s spouse/domestic partner.
ii. A child, parent, sibling, grandparent, grandchild, domestic partner, or parent-in-law, whether related by birth, adoption, or marriage to the employee or spouse/domestic partner.

Page 2 of 2 ends

iii. A former legal guardian or person standing in loco parentis of the employee or spouse/domestic partner.
iv. A member of the employee’s household, related by blood or marriage, who is not a domestic employee or lessee.
“Extended Family Member” shall mean a person related by blood, adoption, or marriage to the employee or their spouse/domestic partner who is related within the third or fourth degree of kinship, including an aunt, uncle, niece, nephew, or first cousin, as defined in California Probate Code Section 13. c) Usage. Bereavement leave must be taken within six (6) months following the date of death. It does not have to be taken on consecutive workdays. d) Verification. The City may require reasonable documentation of the death, such as an obituary, funeral program, memorial service announcement, or other documentation acceptable to the City.
e) Other Leave. If additional time is required beyond this Bereavement Leave for the death of an Immediate Family member, or time is needed for the death of an Extended Family member, the employee may use accrued sick leave, vacation leave, compensatory time off, or other available leave, subject to Department Head approval.
f) Minimum. Nothing in this policy shall reduce the leave the employee is entitled to under Government Code section 12945.7 but shall run concurrently with any such leave entitlement.

J. No Changes
CITY OF TULARE: TPFA-M:

Janie Venegas Josh Ryan
Human Resources Director TPFA

Marc Mondell
City Manager
APPROVED AS TO FORM: ATTEST:

Christina D. Smith Melissa Wilcox
Deputy City Attorney City Clerk
RESOLUTION 2026-XXX

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TULARE
APPROVING SIDE LETTER OF AGREEMENT NO. 3 BETWEEN THE CITY OF TULARE

AND THE TULARE FIRE CHIEF OFFICER GROUP
WHEREAS, the City of Tulare (“City”) and the Tulare Fire Chief Officer Group (“TFCO”) are parties to a Memorandum of Understanding (“MOU”) that covers the period from July 1, 2025 through June 30, 2028; and
WHEREAS, representatives of the City and TFCO met and conferred in good faith regarding and amendment to bereavement leave provisions; and
WHEREAS, the parties have reached agreement on Side Letter of Agreement No. 3 to amend bereavement leave provisions; and
WHEREAS, the City Council is familiar with the terms and provisions of said MOU; and WHEREAS, all legal prerequisites to the adoption of this resolution have occurred.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Tulare, as follows:

Section 1. The above recitals are true and correct.

Section 2. The City Council hereby approves Side Letter of Agreement No. 3 between the City of Tulare and the Tulare Fire Chief Officer Group, attached hereto and incorporated herein by reference.

Section 3. The City Manager is hereby authorized and directed to execute and implement the Side Letter of Agreement No. 3 on behalf of the City.

PASSED, APPROVED, AND ADOPTED by the City Council of the City of Tulare this 6th day of October 2026, by the following vote:

Ayes:

Noes:

Absent:

Abstain:

Patrick Isherwood, President of the Council
and Ex-Officio Mayor
ATTEST:

By Melissa Wilcox, City Clerk
The presence of an electronic signature certifies that the foregoing is a true and correct copy as approved by the Tulare City Council.

Page 1 of 3 ends

SIDE LETTER OF AGREEMENT NO. 3

BETWEEN THE CITY OF TULARE AND THE

TULARE FIRE CHIEF OFFICER GROUP
OCTOBER 2026
This Side Letter of Agreement dated October 6, 2026 is by and between the City of Tulare (“City”) and the Tulare Fire Chief Officer Group (“TFCO”, collectively “Parties”). The Parties have met and conferred to discuss the following revisions to Memorandum of Understanding (“MOU”) between the Parties for the term of July 1, 2025 through June 30, 20028, adopted December 2, 2025. This Side Letter of Agreement is in addition to the reopener identified in Section XIV of the MOU.

The City and TFCO have discussed and have come to an agreement on necessary revisions and amendments as follows:

XVIII. OTHER LEAVES OF ABSENCE

A. No Changes
B. No Changes
C. No Changes
D. No Changes
E. No Changes
F. No Changes
G. No Changes
H. No Changes
I. Bereavement Leave
a) Benefit. The City shall allow an employee to be absent from work with pay for a total of five (5) days or forty (40) hours for the death of an Immediate Family Member and a total of two (2) days or sixteen (16) hours for the death of an Extended Family Member. Shift personnel who work a twenty-four (24) hour shift, shall be allowed to be absent from work with pay for a total of forty-eight (48) hours for the death of an Immediate Family Member and a total of twenty-four (24) hours for the death of an Extended Family Member
b) Definitions.
“Immediate Family Member” shall mean:
i. The employee’s spouse/domestic partner.
ii. A child, parent, sibling, grandparent, grandchild, domestic partner, or parent-in-law, whether related by birth, adoption, or marriage to the employee or spouse/domestic partner.
iii. A former legal guardian or person standing in loco parentis of the employee or spouse/domestic partner.

Page 2 of 3 ends

iv. A member of the employee’s household, related by blood or marriage, who is not a domestic employee or lessee.
“Extended Family Member” shall mean a person related by blood, adoption, or marriage to the employee or their spouse/domestic partner who is related within the third or fourth degree of kinship, including an aunt, uncle, niece, nephew, or first cousin, as defined in California Probate Code Section 13. c) Usage. Bereavement leave must be taken within six (6) months following the date of death. It does not have to be taken on consecutive workdays. d) Verification. The City may require reasonable documentation of the death, such as an obituary, funeral program, memorial service announcement, or other documentation acceptable to the City.
e) Other Leave. If additional time is required beyond this Bereavement Leave for the death of an Immediate Family member, or time is needed for the death of an Extended Family member, the employee may use accrued sick leave, vacation leave, compensatory time off, or other available leave, subject to Department Head approval.
f) Minimum. Nothing in this policy shall reduce the leave the employee is entitled to under Government Code section 12945.7 but shall run concurrently with any such leave entitlement.

J. No Changes
CITY OF TULARE: TFCO:

Janie Venegas Pablo Reynoso
Human Resources Director Battalion Chief

Marc Mondell Brandon West
City Manager Battalion Chief

Khristopher Huerta
Battalion Chief

Page 3 of 3 ends

Ryan Leonardo
Fire Marshal
APPROVED AS TO FORM: ATTEST:

Christina D. Smith Melissa Wilcox
Deputy City Attorney City Clerk
RESOLUTION 2026-XXX

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TULARE
APPROVING SIDE LETTER OF AGREEMENT NO. 1 BETWEEN THE CITY OF TULARE

AND THE TULARE POLICE OFFICERS UNION
WHEREAS, the City of Tulare (“City”) and the Tulare Police Officers Union (“TPOU”) are parties to a Memorandum of Understanding (“MOU”) that covers the period from July 1, 2024 through June 30, 2027; and
WHEREAS, representatives of the City and TPOU met and conferred in good faith regarding and amendment to bereavement leave provisions; and
WHEREAS, the parties have reached agreement on Side Letter of Agreement No. 1 to amend bereavement leave provisions; and
WHEREAS, the City Council is familiar with the terms and provisions of said MOU; and WHEREAS, all legal prerequisites to the adoption of this resolution have occurred.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Tulare, as follows:

Section 1. The above recitals are true and correct.

Section 2. The City Council hereby approves Side Letter of Agreement No. 1 between the City of Tulare and the Tulare Police Officers Union, attached hereto and incorporated herein by reference.

Section 3. The City Manager is hereby authorized and directed to execute and implement the Side Letter of Agreement No. 1 on behalf of the City.

PASSED, APPROVED, AND ADOPTED by the City Council of the City of Tulare this 6th day of October 2026, by the following vote:

Ayes:

Noes:

Absent:

Abstain:

Patrick Isherwood, President of the Council
and Ex-Officio Mayor
ATTEST:

Melissa Wilcox, City Clerk
The presence of an electronic signature certifies that the foregoing is a true and correct copy as approved by the Tulare City Council.

Page 1 of 2 ends

SIDE LETTER OF AGREEMENT NO. 1

BETWEEN THE CITY OF TULARE AND THE

TULARE POLICE OFFICERS UNION
OCTOBER 2026
This Side Letter of Agreement dated September 1, 2026 is by and between the City of Tulare (“City”) and the Tulare Police Officers Union (“TPOU”, collectively “Parties”). The Parties have met and conferred to discuss the following revisions to the Memorandum of Understanding (“MOU”) between the Parties for the term of July 1, 2024 through June 30, 2027, adopted January 21, 2024. This Side Letter of Agreement is in addition to the reopener identified in Section XIV of the MOU.

The City and TPOU have discussed and have come to an agreement on necessary revisions and amendments as follows:

XVIII. OTHER LEAVES OF ABSENCE

A. No Changes
B. No Changes
C. No Changes
D. No Changes
E. No Changes
F. No Changes
G. No Changes
H. No Changes
I. No Changes
J. Bereavement Leave
a) Benefit. The City shall allow an employee to be absent from work with pay for a total of five (5) days or forty (40) hours for the death of an Immediate Family Member and a total of two (2) days or sixteen (16) hours for the death of an Extended Family Member. Shift personnel who work a twenty-four (24) hour shift, shall be allowed to be absent from work with pay for a total of forty-eight (48) hours for the death of an Immediate Family Member and a total of twenty-four (24) hours for the death of an Extended Family Member
b) Definitions.
“Immediate Family Member” shall mean:
i. The employee’s spouse/domestic partner.
ii. A child, parent, sibling, grandparent, grandchild, domestic partner, or parent-in-law, whether related by birth, adoption, or marriage to the employee or spouse/domestic partner.
iii. A former legal guardian or person standing in loco parentis of the employee or spouse/domestic partner.

Page 2 of 2 ends

K. No Changes
CITY OF TULARE: TPOU:

Janie Venegas Craig MacDonald
Human Resources Director Mastagni Holstedt, A.P.C.

Marc Mondell Christopher Hinz
City Manager Police Officer
APPROVED AS TO FORM: ATTEST:

Christina D. Smith Melissa Wilcox
Deputy City Attorney City Clerk
Item #: 7.6
Consent
Staff Report
City Council
Date: October 6, 2026
Department: Human Resources
Submitted by: Janie Venegas, Human Resources Director
Agenda Title: Tulare Police Management Group Benefits Update

RECOMMENDED ACTION
Adopt a resolution amending Resolution 2025-16 to formally codify and add bereavement leave provisions for the Tulare Police Management Group.

ALIGNMENT WITH STRATEGIC PRIORITIES
Organizational Excellence

SUMMARY
The proposed resolution amends Resolution 2025-16 by adding bereavement language to ensure compliance with current California law.

The proposed amendment do not substantially expand employee benefits but instead formally documents benefit to ensure compliance with current California law.

FISCAL IMPACT & FUNDING SOURCES
The proposed amendment may have a minimal fiscal impact, which is anticipated to be absorbed within the adopted Fiscal Year 2027 budget.

ENVIRONMENTAL REVIEW
This action does not constitute a “project” pursuant to the California Environmental Quality Act (CEQA).

POTENTIAL CONFLICT OF INTEREST
Staff is not aware of any conflicts of interest.

LEGAL REVIEW
This item has been reviewed by the City Attorney.

PUBLIC NOTICE
This item does not require a public hearing and was noticed as part of the agenda.

ALTERNATIVE ACTION

1. Approve with changes

2. Deny

3. Table

ATTACHMENTS

1. Resolution
Reviewed/Approved: MM
RESOLUTION 2026-XXX

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TULARE

CODIFYING AND AMENDING SALARY AND BENEFITS FOR THE TULARE POLICE

MANAGEMENT GROUP
WHEREAS, the City of Tulare (“City”) previously adopted Resolution 2025-16 memorializing certain benefits for the Tulare Police Management Group (“TPMG”); and WHEREAS, certain established practices regarding management benefits were not formally included in the text of the prior Resolution; and
WHEREAS, the City desires to formally update, clarify, and codify these current practices into a single, comprehensive governing document.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Tulare, as follows:

Section 1. Resolution 2025-16 is hereby amended and supplemented to include the following official benefit policies for TPMG.
• Bereavement Leave

1. Benefit. The City shall allow an employee to be absent from work with pay for a total of five (5) days or forty (40) hours for the death of an Immediate Family Member and a total of two (2) days or sixteen (16) hours for the death of an Extended Family Member. Shift personnel who work a twelve (12) hour shift, shall be allowed to be absent from work with pay for a total of forty-eight (48) hours for the death of an Immediate Family Member and a total of twenty-four (24) hours for the death of an Extended Family Member.

2. Definitions.
“Immediate Family Member” shall mean:
o The employee’s spouse/domestic partner.
o A child, parent, sibling, grandparent, grandchild, domestic partner, or parentin-law, whether related by birth, adoption, or marriage to the employee or spouse/domestic partner.
o A former legal guardian or person standing in loco parentis of the employee or spouse/domestic partner.
o A member of the employee’s household, related by blood or marriage, who is not a domestic employee or lessee.
“Extended Family Member” shall mean a person related by blood, adoption, or marriage to the employee or their spouse/domestic partner who is related within the third or fourth degree of kinship, including an aunt, uncle, niece, nephew, or first cousin, as defined in California Probate Code Section 13.

3. Usage. Bereavement leave must be taken within six (6) months following the date of death. It does not have to be taken on consecutive workdays.

4. Verification. The City may require reasonable documentation of the death, such as an obituary, funeral program, memorial service announcement, or other documentation acceptable to the City.

Resolution 2026-XXX

Page 2 ends

6. Minimum. Nothing in this resolution shall reduce the leave the employee is entitled to under Government Code section 12945.7 but shall run concurrently with any such leave entitlement.

Section 2. The City Council hereby approves the supplemental benefit listed in Section 1.

Section 3. All other terms, conditions, and benefits established in Resolution 2025-16 that are not modified by this document shall remain in full force and effect.

Section 4. The City Manager, or designee, is hereby authorized to take all necessary steps to implement, administer, and execute these formalized benefits.

PASSED, APPROVED, AND ADOPTED by the City Council of the City of Tulare this 6th day of October 2026, by the following vote:

Ayes:

Noes:

Absent:

Abstain:

Patrick Isherwood, President of the Council
and Ex-Officio Mayor
ATTEST:

Melissa Wilcox, City Clerk
The presence of an electronic signature certifies that the foregoing is a true and correct copy as approved by the Tulare City Council.

Item #: 7.7
Consent
Staff Report
City Council
Date: October 6, 2026
Department: Human Resources
Submitted by: Janie Venegas, Human Resources Director
Agenda Title: City of Tulare Merit System Rules and Regulations Amendment

RECOMMENDED ACTION
Adopt a resolution amending Section 801 – Bereavement Leave of the City of Tulare Merit System Rules and Regulations.

ALIGNMENT WITH STRATEGIC PRIORITIES
Organizational Excellence

SUMMARY
The proposed resolution amends several provisions of the City of Tulare Merit System Personnel Rules and Regulations (“Personnel Rules”). The proposed amendment updates bereavement leave to reflect ensure compliance with applicable law. The proposed amendment is contained in the attached resolution and redlined Personnel Rules.

FISCAL IMPACT & FUNDING SOURCES
The proposed amendments may have a minimal fiscal impact, which is anticipated to be absorbed within the adopted Fiscal Year 2027 budget.

ENVIRONMENTAL REVIEW
This action does not constitute a “project” pursuant to the California Environmental Quality Act (CEQA).

POTENTIAL CONFLICT OF INTEREST
Staff is not aware of any conflicts of interest.

LEGAL REVIEW
This item has been reviewed by the City Attorney.

PUBLIC NOTICE
This item does not require a public hearing and was noticed as a part of the agenda.

ALTERNATIVE ACTION

1. Approve with changes

2. Deny

3. Table

ATTACHMENTS

1. Redlined Sections

2. Resolution
Reviewed/Approved: MM

Page 1 of 1 ends

CHAPTER 8 – OTHER LEAVES OF ABSENCE

SEC. 801. BEREAVEMENT LEAVE
a) Benefit. The City shall allow an employee to be absent from work with pay for a total of five (5) days or forty (40) hours for the death of an Immediate Family Member and a total of two (2) days or sixteen (16) hours for the death of an Extended Family Member. Shift personnel who work a twenty-four (24) hour shift, shall be allowed to be absent from work with pay for a total of forty-eight (48) hours for the death of an Immediate Family Member and a total of twenty-four (24) hours for the death of an Extended Family Member
b) Definitions.
“Immediate Family Member” shall mean:
i. The employee’s spouse/domestic partner.
ii. A child, parent, parent-in-law, sibling, grandparent, grandchild, domestic partner, or parent-in-law, whether related by birth, adoption, or marriage to the employee or spouse/domestic partner.
iii. A former legal guardian or person standing in loco parentis of the employee or spouse/domestic partner.
iv. A member of the employee’s household, related by blood or marriage, who is not a domestic employee or lessee.
“Extended Family Member” shall mean a person related by blood, adoption, or marriage to the employee or their spouse/domestic partner who is related within the third or fourth degree of kinship, including an aunt, uncle, niece, nephew, or first cousin as defined in California Probate Code Section 13. c) Usage. Bereavement leave must be taken within six (6) months following the date of death. It does not have to be taken on consecutive workdays. d) Verification. The City may require reasonable documentation of the death, such as an obituary, funeral program, memorial service announcement, or other documentation acceptable to the City.
e) Other Leave. If additional time is required beyond this Bereavement Leave for the death of an Immediate Family member, or time is needed for the death of an Extended Family member, the employee may use accrued sick leave, vacation leave, compensatory time off, or other available leave, subject to Department Head approval.
f) Minimum. Nothing in this policy shall reduce the leave the employee is entitled to under Government Code section 12945.7 but shall run concurrently with any such leave entitlement.

Deleted: The City shall allow an employee to be
absent from work with pay for a maximum of three
(3) days (33.6 hours for twenty-four hour shift
personnel) for a death which occurs within the State
of California. If the death occurs outside the State
of California and an employee must travel outside
the state, a maximum of five (5) days with pay (60
hours for twenty-four hour shift personnel) shall be
allowed. Bereavement leave is allowable in the
case of a death in the employe’s or the employee’s
spouse’s immediate family a defined in SEC. 701 of
the Personnel Rules and Regulations, including
step-child. (Amending Resolutions: 3434)¶
RESOLUTION 2026-XXX

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TULARE

AMENDING THE CITY OF TULARE MERIT SYSTEM RULES AND REGULATIONS BY REVISING SECTION 801 – BEREAVEMENT LEAVE
WHEREAS, the City Council has adopted the City of Tulare Merit Rules and Regulations (Personnel Rules”) government employment with the City of Tulare, and WHEREAS, the City Council periodically reviews and updates the Personnel Rules to reflect operational needs, best practices, and changes in applicable law, and WHEREAS, the proposed amendment clarifies bereavement leave provisions; and WHEREAS, the City Council finds that adoption of these amendments is in the best interest of the City and its employees.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Tulare, as follows:

Section 1. The above recitals are true and correct.

Section 2. The Personnel Rules and hereby amended as set forth in Exhibit A attached hereto and incorporated herein by reference.

Section 3. The City Manager, or designee, is hereby authorized to implement the amendments on behalf of the City.

Section 4. This Resolution shall become effective immediately upon adoption.

PASSED, APPROVED, AND ADOPTED by the City Council of the City of Tulare this 6th day of October 2026, by the following vote:

Ayes:

Noes:

Absent:

Abstain:

Patrick Isherwood, President of the Council
and Ex-Officio Mayor
ATTEST:

Melissa Wilcox, City Clerk
The presence of an electronic signature certifies that the foregoing is a true and correct copy as approved by the Tulare City Council.

Page 1 of 1 ends

CHAPTER 8 – OTHER LEAVES OF ABSENCE

Item #: 7.8
Consent
Staff Report
City Council
Date: October 6, 2026
Department: Engineering Services - Project Management
Submitted by: Michael Winton, City Engineer
Agenda Title: Capital Improvement Project Dashboards for October 2026

RECOMMENDED ACTION
Accept the Capital Improvement Project Dashboards for October 2026.

ALIGNMENT WITH STRATEGIC PRIORITIES
Infrastructure and Transportation

SUMMARY
On December 16, 2014, the Tulare City Council adopted the Tulare Project Management System Program Policy (TPMS). The TPMS is designed to help the City accomplish significant projects on time, within budget, and in accordance with each project’s clearly defined scope. The TPMS uses a systematic approach to project management with the following goals:
• Establish consistency in how projects are managed,
• Create department 5-year project plans,
• Improve pre-planning and preparation,
• Identify and implement management policies and procedures, • Improve project cost tracking and project delivery,
• Formalize and improve project reporting, and
• Review and evaluate project successes or failures upon completion to improve future projects.

Pursuant to the City Council’s request, staff provides quarterly Capital Improvement Project Dashboards for all major capital projects within the City Council’s purview. The dashboards provide a visual summary of overall project progress so the City Council is aware of their status. The dashboards identify the project number, project title, project phase, project manager, start date, end date, budget, expenditures/encumbrances, and special notes on the project's status and/or issues.

FISCAL IMPACT & FUNDING SOURCES
There is no fiscal impact associated with this action.

ENVIRONMENTAL REVIEW
This action does not constitute a “project” pursuant to the California Environmental Quality Act (CEQA).

POTENTIAL CONFLICT OF INTEREST
Staff is not aware of any conflicts of interest.

LEGAL REVIEW
This item does not require legal review.

PUBLIC NOTICE
This item does not require a public hearing and was noticed as a part of the agenda.

ALTERNATIVE ACTION

1. Approve with changes

2. Deny

3. Table

ATTACHMENTS

1. October 2026 CIP Dashboards
Reviewed/Approved: MM
Project Name Contacts Discription Progress Update Project Budget Phase Completion EN0061: Nelder
Grove and
Bardsley Traffic
Signal
District(s): 5
Total budget: $175,000 (Design)
Division: Engineering Total Contract: TBDProject Manager: Dylan ChimientiEngineer: 4 Creeks Contract Working Days: TBDContractor: TBD Estimated Completion: 2027 Funding: Measure R, Gas Tax, RMRA SB, General CIP
Project Name Contacts Discription Progress Update Project Budget Phase Completion WT0056: Well 50
(Well 1
Replacement)
District(s): 2
Total budget: $5,692,894
Division: Water Drilling Contract: $589,300Project Manager: Dylan Chimienti Drilling Working Days: 65Engineer: CarolloContractor:

Drilling - South Valley Companies. Equipping - Unified Field Services Corp.

Equipping Contract: $3,372,133
Funding: Water CIP Equipping Working Days: 240
Estimated Completion: 2027
Install a new traffic signal at the intersection of Nelder Grove and Bardsley Avenue. Improvements also include new ADA-compliant curb ramps, striping, and grinding and overlay pavement.

Design: A traffic warrant study was conducted at the intersection. The study identified a need for a traffic signal. City staff requested a proposal from 4Creeks for the project's PS&E and will bring it to council for award.

Construction of new water well to replace existing Well #1 on the same site.

Construction:The contractor has completed some onsite improvements, including underground electrical and concrete work. The project is on hold while City staff coordinate with the design team to redesign the flush to waste storm drain line from D St to B St. The line is being redesigned because routing it to D St would cause surcharging and water retention during flushing. Construction is expected to resume in October.

Design R.O.W. Const.
0%
Design R.O.W. Const.
10%
Project Name Contacts Discription Progress Update Project Budget Phase Completion EN0088: Prosperity
& West Traffic
Signal
District(s): 1 & 2
Total budget: $4,831,616
Division: Engineering Contract Amount: $3,082,653Project Manager: Dylan ChimientiEngineer: QK Contract Working Days: 125Contractor: 99 Pipeline Estimated Completion: 2026 Funding: Measure R, Gas Tax, CIP Water, Sewer CIP
Project Name Contacts Discription Progress Update Project Budget Phase Completion District(s): 3
Total budget: $190,000
Division: WaterProject Manager: Dylan Chimienti Contract Amount: TBD Engineer: Peters Engineering GroupContractor: TBD
Contract Working Days: TBD
Funding: State HWY DIF, Water DIF, Water CIP, Sewer/Wastewater CIP Estimated Completion: 2027
City cost share of the construction of the State Highway 99 6-lane widening project between Avenue 200 and Prosperity Avenue, consisting of the relocation of conflicting City utilities and other facilities.

Design: PS&E is
nearly complete. Coordination with Caltrans and TID is ongoing as we incorporate a jack-and-bore of a new water main underneath HWY 99 into the project scope.

Expansion project to install a traffic signal at the intersection of Prosperity and West. This includes ROW acquisition to allow the placement of facilities at their ultimate location. Includes ADA concrete work, sewer water, storm drain, and TID facilities.

Construction:The first working day was 7/13/26. The contractor has completed clearing and grubbing, fence relocation, and water service extension on the west leg of the project. The contractor has also completed
storm drain improvements on the east leg and has begun grading for concrete improvements.

EN0105: HWY 99
Widening & Water
Main Relocation
(Paige
Interchange)
Design R.O.W. Const.
25%
Design R.O.W. Const.
90%
Project Name Contacts Discription Progress Update Project Budget Phase Completion EN0099: Mt. View
St. Improvemetns District(s): 5
Total budget: $5,521,134
Division: Engineering Contract Amount: TBDProject Manager: Dylan ChimientiEngineer: 4Creeks Contract Working Days: TBDContractor: TBD Estimated Completion: TBD Funding: Gas Tax (RMRA), Water CIP, Sewer CIP, Streets CIP, Storm Drain CIP Project Name Contacts Discription Progress Update Project Budget Phase Completion EN0101: TesoriBella Oaks
Improvements
District(s): 5
Total budget: $3,247,500
Division: Engineering Contract Amount: TBDProject Manager: TBD Remaining Budget:Engineer: 4Creeks Contract Working Days: TBDContractor: TBD Estimated Completion: TBD Funding: State HWY DIF Fund, Other General Fund CIP, Nunley Settlement Infrastructure improvements, traffic safety, liability relief concerns, and compliance with ADA requirements associated with the Tesori and Bella Oaks subdivisions, including Mooney Boulevard (SR63) improvements across project frontages.

Design:City staff is collaborating with the design engineer to finalize construction plans. They are also securing the required Caltrans permit and coordinating with Southern California Edison. Additionally, they are working with SJVH to establish a reimbursement agreement for the improvements, which will be implemented alongside the SJVH Sorento frontage development.

Pavement Management System / Utility project on Tulare Ave./Cheryl Lane Alley between Canby St. and Mt. View St.; Cheryl
Lane at Laspina St.; Academy Ave. between Laspina St. and Mt. View St.; Burton Ave. west of Laspina to east of Mt. View St.; Eastgate Ave. west of Laspina St. to Mt. View St.; Vineland Ave. between Laspina St. and Mt. View St.; and Fairwind Ct. at Vineland Ave. Includes ADA Concrete work, Water, Sewer and Surface Water facilities.

Design:One hundred percent of the design and bid specifications have been completed. Waiting for approval to put out to bid, following the completion of the Tulare Dayton Improvement project.

Design R.O.W. Const.
100%
Design R.O.W. Const.
70%
Project Name Contacts Discription Progress Update Project Budget Phase Completion FM0046:

Courthouse
Renovation
District(s): 3
Total budget: $8,096,462
Division: Facility Maintenance
Construction Contract: $5,803,272
Project Manager: Bryan CahillEngineer: 4Creeks Contract Working Days: 280Contractor: 4CG and Various others Estimated Completion: 2026 Funding: ARPA Funds, General CIP, Lease Revenue Bonds
Project Name Contacts Discription Progress Update Project Budget Phase Completion EN0106: Santa Fe
Trail Crossing
Improvements
District(s): 1,2,4
Total budget: $536,530
Division: Engineering Construction Contract: TBDProject Manager: Dylan ChimientiEngineer: Peter's Engineering Group Contract Working Days: TBDContractor: TBD Estimated Completion: 2027 Funding: General CIP & State Grant (HSIP)
Install pedestrian-activated rectangular rapid flashing beacons (RRFBs) at the Santa Fe Trail crossings of Tulare Drive, "E" Street, "M" Street, Cherry Street, Blackstone Street and Laspina Street utilizing Cycle 12 HSIP grant funding awarded by the State.

Design: The plans and specifications are now complete. City staff and the design engineer are working with Caltrans to complete the HSIP funding application. Once complete, the project will be advertised for bids.

City of Tulare purchased the Tulare County Superior Court House, Renovations include Police Department, Business Incubator, and Chamber of Commerce.

Construction: Nearing completion, the remaining items are the parking lot access controls. The TBIZ building is occupied by the Police Department and the City Chamber of Commerce. Anticipated completion is in October.

Design R.O.W. Const.
99%
Design R.O.W. Const.
100%
Project Name Contacts Discription Progress Update Project Budget Phase Completion EN0097:

International Agricenter Extension District(s): 3
Total budget: $6,040,779
Division: Engineering Construction Contract: TBDProject Manager: Bryan CahillEngineer: Peter Engineering Group Contract Working Days: TBDContractor: TBD Estimated Completion: TBD Funding: Measure R Local, CDBG, Streets DIF, Water DIF, IAC Way Benefit District and Federal Earmark Project Name Contacts Discription Progress Update Project Budget Phase Completion EN0078: Bardsley
Sidewalk
Improvements
District(s): 5
Total budget: $303,444
Division: Engineering Construction Contract: TBDProject Manager: Bryan CahillEngineer: City of Tulare Contract Working Days: TBDContractor: TBD Estimated Completion: TBD Funding: Gas Tax
Street Construction, including water, sewer, and storm drain lines. Connecting Laspina St thru to Turner Dr.

Design: Currently, Plans and Specifications are 90% developed. Acorn Environmental Consultant has been contracted for the NEPA Study. The NEPA Study is underway per the Acorn schedule, with completion expected in October 2026.

Traffic Safety Project. To install a continuous ADA-compliant sidewalk and curb gutter along Bardsley Ave at Morrison St.

Design: Right of way acquisition is now complete. Additional sidewalk improvements were identified to be included in the scope of this project. City staff has requested a design proposal for the changes. Staff will bring the proposal to Council for award.

Design R.O.W. Const.
90%
Design R.O.W. Const.
90%
Project Name Contacts Discription Progress Update Project Budget Phase Completion EN0103: Tulare Ave
Roundabout District(s): 5
Total budget: $2,356,404
Division: Engineering
Construction Contract: $2,063,478
Project Manager: Dylan ChimientiEngineer: 4Creeks Contract Working Days: 180Contractor: Cen-Cal Estimated Completion: 2026 Funding: Fund 245 – State HWY DIF Funds
Project Name Contacts Discription Progress Update Project Budget Phase Completion WT0055: HWY 99
Water Crossing at
Washington Ave
District(s): 4
Total budget: $1,400,000
Division: Water Construction Contract: TBDProject Manager: Bryan CahillEngineer: Provost & Prichard Contract Working Days: TBDContractor: TBD Estimated Completion: TBD Funding: Water DIF; Water CIP
Construction of a water main under Highway 99 between Prosperity and Cartmill. This project has been identified in the Water Master Plan and is needed to help loop the system on the north side of Tulare. This project will need to occur with the development of Cartmill.

Design: Property acquisition and environmental review have been completed. Construction plans are at 100%, and staff is working with the design engineer to finalize the specifications. The project is anticipated to be advertised for bids in October 2026.

Construct a roundabout at the intersection of Tulare Ave and Morrison Street in partnership with Caltrans and Woodside homes, the developer of the Farrar Estates subdivision.

Construction:

City staff is working with Caltrans to address deficiencies Caltrans identified after construction was complete.

Design R.O.W. Const.
100%
Design R.O.W. Const.
90%
Project Name Contacts Discription Progress Update Project Budget Phase Completion EN0102: South K
Street
Improvements
District(s): 3
Total budget: $7,009,870
Division: Engineering
Construction Contract: $4,508,582
Project Manager: Bryan CahillEngineer: Peter Engineering Group Contract Working Days: 120 Contractor: Archer Civil Construction
Estimated Completion: Summer 2026
Funding: Measure R Local, Gas Tax (HUTA), STBGP Funds, Franchise Fee (Solid Waste) Project Name Contacts Discription Progress Update Project Budget Phase Completion District(s): 1 & 3
Total budget: $4,625,357.50
Division: WaterProject Manager: Dylan Chimienti Contract Amount: TBD Engineer: Peters Engineering GroupContractor: TBD Contract Working Days: TBD Funding: Water CIP
Estimated Completion: TBD
The pavement management system project is on South K Street between Olson Avenue and Paige Avenue. It includes ADA concrete work.

Construction:

The contractor has completed the additional work to install water services and has resumed road reconstruction. They are completing the subgrade, structural section, and the first lift of HMA on the east side of K St. The contractor has begun work on the west side of the road. Design: PS&E is nearly complete. UPRR and Kinder Morgan permits have been applied for. Environmental review is pending due to the project's proximity to Elk Bayou. Staff is selecting an environmental firm to complete the study to determine whether a 1600 or 404 permit will be required.

WT0057: South I
Street Water Main
Extension
Install a 12-inch water line from the point of connection to Well #14 in South "I" Street atthe former Olsen Avenue alignment, south on South 'I' Street to supply the Lactalis processing plant and surrounding properties. The Project is necessitated by a
water quality issue that has arisen with existing City and private wells serving the Lactalis facility.

Design R.O.W. Const.
50%
Design R.O.W. Const.
90% 90%
Project Name Contacts Discription Progress Update Project Budget Phase Completion FM0048:

Emergency
Homeless Shelter
District(s): 3
Total budget: $12,970,101
Division: Facility Maintenance
Construction Contract: $8,940,000
Project Manager: Bryan CahillEngineer: 4Creeks Contract Working Days: 300 Contractor: Superior Construction
Estimated Completion: March 2026
Funding: ARPA Federal Grant, 601 General Fund, County ARPA, Federal Earmark, ERF Round 2 Grant, State Earmark.

Project Name Contacts Discription Progress Update Project Budget Phase Completion EN0098: Tulare -
Dayton Ave
Improvements
District(s): 3
Total budget: $11,596,462
Division: Engineering
Construction Contract: $7,268,707
Project Manager: Dylan ChimientiEngineer: Peter Engineering Group Contract Working Days: 240Contractor: 99 Pipeline Estimated Completion: 2027 Funding: Gas Tax (RMRA), Water CIP, Sewer CIP, Storm Drain CIP, CDBG Construct an emergency homeless shelter facility consisting of perimeter fencing, parking, exterior lighting, modular offices, laundry, living quarters, ADA restrooms, showers, single-use restrooms, showers, modular classrooms, a food pantry, storage containers, dog kennels, and 20,000 sf steel building primary shelter structure.

Construction:

Contract work is now complete, and the building is being occupied. Pending final closeout items laor compliance requiremetns and punchlist. Following that, the notice of completion will be brought to Council for approval.

Pavement Management System / Utility project on Academy Ave. between Dayton St. and Laspina St; Stanley Dr. between Lane St. and Academy Ave.; La Mesa Ave. between Dayton St. and Spruce St.; Burton Ave. east of Lane St.; Miracle Ct.; Dayton St. between Tulare Ave. and La Mesa Ave.; Lane St. between Tulare Ave. and Burton Ave.; and Canby St. between Tulare Ave. and the Santa Fe Trail. Includes ADA Concrete work, Water, Sewer and Surface Water facilities.

Construction: The first working day for the project was 9/1/26. The contractor has begun potholing to identify any conflicts between the existing and proposed improvements.

Design R.O.W. Const.
100%
Design R.O.W. Const.
5%
Project Name Contacts Discription Progress Update Project Budget Phase Completion District(s): 3
Total budget: $1,655,500
Division: WaterProject Manager: Bryan Cahill Contract Amount: TBD Engineer: Provost & PrichardContractor: TBD Contract Working Days: TBD Funding: Water CIP & Water DIF
Estimated Completion: TBD
WT0058: Rankin
Ave HWY 99 Water
Crossing
Construction of a water main under Highway 99 near Rankin Avenue to loop the Tulare Airport water system. This project has been identified in the Water Master Plan and is needed to help loop the system on the south side of Tulare. This project will need to occur alongside additional development of the Tulare Airport and the surrounding area east of Hwy 99.

Design: The design engineer has provided a proposal, and City staff agrees with the cost. Once the on-call contract is executed, the designer can begin.

Design R.O.W. Const.
0%
0 Item #: 7.9
Consent
Staff Report
City Council
Date: October 6, 2026
Department: Finance
Submitted by: Mark Roberts, Chief Financial Officer
Agenda Title: Monthly Investments Report

RECOMMENDED ACTION
Accept the monthly investments report for June 2026, July 2026, and August 2026.

ALIGNMENT WITH STRATEGIC PRIORITIES
Organizational Excellence

SUMMARY
The investments report for June 2026 through August 2026 are submitted for Council review and acceptance.

FISCAL IMPACT & FUNDING SOURCES
There is no fiscal impact associated with this action.

ENVIRONMENTAL REVIEW
This action does not constitute a “project” pursuant to the California Environmental Quality Act (CEQA).

POTENTIAL CONFLICT OF INTEREST
Staff is not aware of any conflicts of interest.

LEGAL REVIEW
This item does not require legal review.

PUBLIC NOTICE
This item does not require a public hearing and was noticed as a part of the agenda.

ALTERNATIVE ACTION

1. Approve with changes

2. Deny

3. Table

ATTACHMENTS

1. June 2026 Investments Report

2. July 2026 Investments Report

3. August 2026 Investments Report
Reviewed/Approved: MM

BOOK VALUE ISSUER OF CURRENT % OF TYPE OF INVESTMENT INVESTMENT STATED YIELD BOOK VALUE MARKET VALUE THIS MONTH LAST MONTH ANNUAL THIS MONTH U/I~ Petty Cash N/A N/A None 12,900 12,900 N/A N/A N/A N/A 0.01% Checking Account - City Wells Fargo Bank N/A None 177,160 177,160 N/A N/A N/A N/A 0.08% Balance per bank is $ Sweep Account - City Wells Fargo Bank N/A 3.250% 23,292,926 23,356,011 63,085 63,455 757,020 63,085 10.57% Balance per bank is $ Local Agency Investment Fund (LAIF) State of California N/A 3.816% 40,345,759 * 40,300,264 (45,495) (773) 1,539,594 128,300 18.31% Per BNY WTC Per BNY WTC Money Market Mutual Fund Various N/A 1.141% 11,006,576 11,024,845 18,269 6,483 125,839 10,487 4.99% Sub-Total N/A 2.224% 74,835,321 74,871,180 (27,226) 5,710 1,665,433 138,786 33.95% Per BNY WTC Per BNY WTC Fixed Income Investments Various (See page 4-11) N/A 3.524% 145,570,286 144,349,488 (1,220,798) (1,177,057) 5,086,413 423,868 66.05% Investments in Safekeeping With BNY Western Trust Company TOTAL UNRESTRICTED INVESTMENTS N/A 3.080% 220,405,607 219,220,668 (1,248,024) (1,171,347) 6,751,846 562,654 100.00% * LAIF market values are based on the most currently available amortized cost information - June 30, 2026: 0.998872382 ~ U/I = Unrestricted Investments GAIN/(LOSS): EARNINGS: ESTIMATED CITY OF TULARE SUMMARY TREASURER'S REPORT, CONTINUED SUMMARY OF UNRESTRICTED INVESTMENTS JUNE 30, 2026 INTEREST RATES: UNREALIZED 5 T:\Finance\Investments\2025-2026 Investments Reports\12 - June 2026 Investments.xlsx BALANCES ACQUISITION MATURITY STATED PAR BOOK MARKET AS-OF TYPE OF INVESTMENT DATE DATE INTEREST RATE VALUE VALUE VALUE DATE Bond Funds (All are Managed by U.S. Bank Trust Except LAIF): 2018 Lease Revenue and Refunding Bonds (Account No. 244938000) First American Govt Fd U.S. Bank Trust Various On Demand Various N/A 3,571,765 3,571,765 6-30-26 Reserve Fund 3,571,765 3,571,765 2015 Sewer Revenue Refunding Bonds (Account No. 261594000) First American Govt Fd U.S. Bank Trust Various On Demand Various N/A 2,307 2,307 6-30-26 First American Govt Fd U.S. Bank Trust Various N/A 5,172,859 5,172,859 6-30-26 Reserve Fund 5,175,166 5,175,166 2016 Sewer Revenue Refunding Bonds (Account No. 231687000) U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 2 2 6-30-26 2 2 2020 Sewer Revenue Refunding Bonds (Account No. 230396000) U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 22,800 22,800 6-30-26 22,800 22,800 2017 Water Revenue Bonds (Account No. 219189000) U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 1 6-30-26 1 1 1 2020 Water Revenue Bonds (Account No. 250953000) Cash N/A N/A 0 06-30-21 U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 7,528,222 7,528,222 6-30-26 7,528,222 7,528,222 2017 Successor Agency Tax Allocation Bonds - Series A & B (Account No. 245346000) U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 1 6-30-26 1 1 1 TOTAL RESTRICTED INVESTMENTS 16,297,957 16,297,957 CITY OF TULARE SUMMARY TREASURER'S REPORT, CONTINUED SUMMARY OF RESTRICTED INVESTMENTS JUNE 30, 2026 INVESTMENT ISSUER OF 6 T:\Finance\Investments\2025-2026 Investments Reports\12 - June 2026 Investments.xlsx Ticker Pool Description Type Par Value Book Value Market Value Rate % of Portfolio 06406XPS7 BANK NEW YORK MELLON COMMERCIAL PAPER 1,700,000.00 1,650,197.08 1,653,445.94 0.00% 1.06% 06743VQ11 BARCLAYS CAP INC COMMERCIAL PAPER 1,600,000.00 1,552,416.89 1,554,950.33 0.00% 1.00% 17291YKP1 CITIGROUP GLOBAL COMMERCIAL PAPER 2,400,000.00 2,353,698.67 2,369,960.52 0.00% 1.53% X9USDDGCM DREYFUS GOVT CASH MGMT FD 289 CASH/MONEY MARKET 51,869.33 51,869.33 51,869.33 3.51% 0.03% 78015J2H9 ROYAL BK CDA N Y BRH INSTL CERTIFICATE OF DEPOSIT 1,550,000.00 1,550,000.00 1,547,999.34 4.02% 1.00% 89115M3E4 TORONTO DOMINION BK N Y BRH CERTIFICATE OF DEPOSIT 1,550,000.00 1,550,000.00 1,547,999.34 4.02% 1.00% 912797UN5 UNITED STATES TREASURY BILL U.S. TREASURY BILL 2,300,000.00 2,298,394.03 2,298,620.00 0.00% 1.48% 11,151,869.33 11,006,576.00 11,024,844.80 7.10% CITY OF TULARE CASH AND SHORT TERM JUNE 30, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 7 T:\Finance\Investments\2025-2026 Investments Reports\12 - June 2026 Investments.xlsx CUSIP Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Market Yield Days to Maturity % of Portfolio Moodys Rating S&P Rating U.S. Treasury Bond / Note 9128286B1 2/15/2029 U.S. TREASURY NOTE/BOND 1/20/2026 925,000.00 896,960.94 890,136.75 (6,824.19) 2.73% 961 0.57% Aa1 AA+ 91282CQA2 2/15/2029 U.S. TREASURY NOTE/BOND 3/5/2026 575,000.00 575,965.82 565,679.25 (10,286.57) 3.56% 961 0.36% Aa1 AA+ 91282CEE7 3/31/2029 U.S. TREASURY NOTE/BOND 4/8/2026 1,285,000.00 1,231,190.63 1,226,224.10 (4,966.53) 2.49% 1,005 0.79% Aa1 AA+ 91282CLR0 10/31/2029 U.S. TREASURY NOTE/BOND 1/21/2026 1,165,000.00 1,180,108.59 1,163,683.55 (16,425.04) 4.13% 1,219 0.75% Aa1 AA+ 91282CFY2 11/30/2029 U.S. TREASURY NOTE/BOND 1/21/2026 640,000.00 642,450.00 634,124.80 (8,325.20) 3.91% 1,249 0.41% Aa1 AA+ 91282CMG3 1/31/2030 U.S. TREASURY NOTE/BOND 12/9/2025 750,000.00 765,234.37 752,025.00 (13,209.37) 4.24% 1,311 0.48% Aa1 AA+ 91282CMU2 3/31/2030 U.S. TREASURY NOTE/BOND 12/4/2025 1,900,000.00 1,931,468.75 1,889,018.00 (42,450.75) 4.02% 1,370 1.22% Aa1 AA+ 91282CMZ1 4/30/2030 U.S. TREASURY NOTE/BOND 1/7/2026 5,000,000.00 5,043,554.69 4,948,450.00 (95,104.69) 3.92% 1,400 3.18% Aa1 AA+ 91282CNG2 5/31/2030 U.S. TREASURY NOTE/BOND 1/15/2026 450,000.00 455,906.25 447,223.50 (8,682.75) 4.02% 1,431 0.29% Aa1 AA+ 91282CHZ7 9/30/2030 U.S. TREASURY NOTE/BOND 10/30/2025 2,000,000.00 2,089,218.75 2,034,060.00 (55,158.75) 4.55% 1,553 1.31% Aa1 AA+ 91282CJM4 11/30/2030 U.S. TREASURY NOTE/BOND 2/4/2026 2,500,000.00 2,563,476.56 2,518,650.00 (44,826.56) 4.34% 1,614 1.62% Aa1 AA+ 91282CPR6 12/31/2030 U.S. TREASURY NOTE/BOND 2/25/2026 1,525,000.00 645,856.64 630,287.55 (15,569.09) 3.71% 1,645 0.41% Aa1 AA+ 91282CKC4 2/28/2031 U.S. TREASURY NOTE/BOND 3/26/2026 535,000.00 541,165.04 536,316.10 (4,848.94) 4.24% 1,704 0.35% Aa1 AA+ 91282CKF7 3/31/2031 U.S. TREASURY NOTE/BOND 4/15/2026 600,000.00 604,351.48 598,194.00 (6,157.48) 4.14% 1,735 0.39% Aa1 AA+ U.S. Treasury Bond / Note 19,850,000.00 19,166,908.51 18,834,072.60 (332,835.91) 12.12% Federal Agency Commercial Mortgage-Backed Security 3136BQCS6 7/1/2028 FANNIE MAE-ACES 4/7/2026 778,007.48 781,602.29 777,301.67 (4,300.62) 4.50% 732 0.50% Aa1 AA+ 3137FHPJ6 7/1/2028 FREDDIE MAC MULTIFAM SPTC 6/15/2026 1,025,000.00 1,014,029.30 1,014,053.10 23.80 3.97% 732 0.65% Aa1 AA+ 3137HAMH6 8/1/2028 FREDDIE MAC MULTIFAM SPTC 1/13/2026 1,510,000.00 1,527,344.14 1,513,310.83 (14,033.31) 4.64% 763 0.97% Aa1 AA+ 3137HAQ74 8/1/2028 FREDDIE MAC MULTIFAM SPTC 4/7/2026 1,025,000.00 1,036,851.56 1,029,285.73 (7,565.83) 4.72% 763 0.66% Aa2 AA+ 3137HAMS2 9/1/2028 FREDDIE MAC MULTIFAM SPTC 4/7/2026 1,580,000.00 1,600,675.78 1,588,657.77 (12,018.01) 4.76% 794 1.02% Aa3 AA+ 3137HAST4 9/1/2028 FREDDIE MAC MULTIFAM SPTC 4/7/2026 1,065,000.00 1,080,475.78 1,071,249.74 (9,226.04) 4.81% 794 0.69% Aa3 AA+ 3137HB3D4 10/1/2028 FREDDIE MAC MULTIFAM SPTC 6/30/2026 1,075,000.00 1,087,681.64 1,086,799.85 (881.79) 5.01% 824 0.70% Aa3 AA+ 3137FKSH0 11/1/2028 FREDDIE MAC MULTIFAM SPTC 6/15/2026 825,000.00 813,752.93 813,479.29 (273.64) 4.60% 855 0.52% Aa3 AA+ 3137HBLV4 12/1/2028 FREDDIE MAC MULTIFAM SPTC 3/6/2026 1,525,000.00 1,550,317.38 1,525,518.35 (24,799.03) 4.55% 885 0.98% Aa1 AA+ 3137H9QT9 1/1/2029 FREDDIE MAC MULTIFAM SPTC 7/22/2025 705,888.02 707,620.81 705,325.50 (2,295.31) 4.56% 916 0.45% Aa1 AA+ 3137HKXJ8 1/1/2030 FREDDIE MAC MULTIFAM SPTC 4/24/2025 525,000.00 524,981.63 524,389.06 (592.57) 4.42% 1,281 0.34% Aa1 AA+ 3137HLJA1 2/1/2030 FREDDIE MAC MULTIFAM SPTC 5/29/2025 640,000.00 639,982.08 640,334.98 352.90 4.51% 1,312 0.41% Aa1 AA+ 3137HLXV9 2/1/2030 FREDDIE MAC MULTIFAM SPTC 6/12/2025 1,485,000.00 1,484,946.54 1,477,911.65 (7,034.89) 4.37% 1,312 0.95% Aa1 AA+ 3137FVNF5 3/1/2030 FREDDIE MAC MULTIFAM SPTC 2/13/2026 1,432,885.27 1,345,065.09 1,340,024.56 (5,040.53) 0.89% 1,340 0.86% Aa1 AA+ 3137HL48 4/1/2030 FREDDIE MAC MULTIFAM SPTC 6/26/2025 750,000.00 749,998.50 749,205.08 (793.42) 4.41% 1,371 0.48% Aa1 AA+ 3137FUZV9 5/1/2030 FREDDIE MAC MULTIFAM SPTC 6/4/2026 1,675,000.00 1,489,637.70 1,491,417.49 1,779.79 1.47% 1,401 0.96% Aa1 AA+ 3137HN4R6 5/1/2030 FREDDIE MAC MULTIFAM SPTC 9/30/2025 1,600,000.00 1,617,312.50 1,592,860.64 (24,451.86) 4.38% 1,401 1.03% Aa1 AA+ 3137HN6B9 5/1/2030 FREDDIE MAC MULTIFAM SPTC 9/29/2025 950,000.00 964,220.55 947,625.86 (16,594.69) 4.43% 1,401 0.61% Aa1 AA+ 3137F8ZU0 6/1/2030 FREDDIE MAC MULTIFAM SPTC 3/19/2026 1,263,628.61 1,181,344.68 1,176,650.40 (4,694.28) 1.00% 1,432 0.76% Aa1 AA+ 3137HMC65 6/1/2030 FREDDIE MAC MULTIFAM SPTC 7/17/2025 1,470,000.00 1,469,972.07 1,461,616.15 (8,355.92) 4.34% 1,432 0.94% Aa1 AA+ 3137HMCE8 7/1/2030 FREDDIE MAC MULTIFAM SPTC 7/31/2025 1,505,000.00 1,503,413.73 1,492,816.27 (10,597.46) 4.30% 1,462 0.96% Aa1 AA+ 3137HMCK4 7/1/2030 FREDDIE MAC MULTIFAM SPTC 8/7/2025 1,175,000.00 1,173,318.58 1,166,271.04 (7,047.54) 4.32% 1,462 0.75% Aa1 AA+ 3137HNN46 9/1/2030 FREDDIE MAC MULTIFAM SPTC 10/16/2025 765,000.00 773,410.41 760,552.14 (12,858.27) 4.35% 1,524 0.49% Aa1 AA+ 3137HNWH7 10/1/2030 FREDDIE MAC MULTIFAM SPTC 11/1/2025 1,550,000.00 1,555,558.30 1,530,197.98 (25,360.32) 4.22% 1,554 0.98% Aa1 AA+ 3137HNWV6 11/1/2030 FREDDIE MAC MULTIFAM SPTC 12/5/2025 975,000.00 983,604.37 962,615.65 (20,988.72) 4.22% 1,585 0.62% Aa1 AA+ 3136G5V64 5/1/2031 FANNIE MAE-ACES 5/1/2031 1,125,000.00 1,111,289.06 1,110,108.26 (1,180.80) 4.31% 1,766 0.71% Aa1 AA+ CITY OF TULARE MANAGED ACCOUNTS JUNE 30, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 8 T:\Finance\Investments\2025-2026 Investments Reports\12 - June 2026 Investments.xlsx CUSIP Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Market Yield Days to Maturity % of Portfolio Moodys Rating S&P Rating CITY OF TULARE MANAGED ACCOUNTS JUNE 30, 2026 SUMMARY TREASURER'S REPORT, CONTINUED Federal Agency Commercial Mortgage-Backed Securi 30,000,409.38 29,768,407.40 29,549,579.04 (218,828.36) 19.02% Federal Agency Bond/Note 3130AN4R8 7/29/2026 FED HOME LOAN BANKS 7/29/2021 3,000,000.00 3,000,000.00 2,993,700.00 (6,300.00) 1.13% 29 1.93% Aa1 AA+ 3130ANM56 8/27/2026 FED HOME LOAN BANKS 8/27/2021 2,500,000.00 2,500,000.00 2,488,975.00 (11,025.00) 1.05% 58 1.60% Aa1 AA+ 3130ANUX6 9/28/2026 FED HOME LOAN BANKS 9/28/2021 3,000,000.00 3,000,000.00 2,979,750.00 (20,250.00) 1.11% 90 1.92% Aa1 AA+ 3130APJ55 10/26/2026 FED HOME LOAN BANKS 10/26/2021 3,000,000.00 3,000,000.00 2,974,140.00 (25,860.00) 1.26% 118 1.91% Aa1 AA+ 3130APJB2 10/26/2026 FED HOME LOAN BANKS 10/26/2021 3,000,000.00 3,000,000.00 2,972,640.00 (27,360.00) 1.14% 118 1.91% Aa1 AA+ 3130APDQ5 10/28/2026 FED HOME LOAN BANKS 10/28/2021 3,000,000.00 3,000,000.00 2,974,560.00 (25,440.00) 1.26% 120 1.91% Aa1 AA+ 3130APFQ3 10/28/2026 FED HOME LOAN BANKS 10/28/2021 2,000,000.00 2,000,000.00 1,981,520.00 (18,480.00) 1.11% 120 1.28% Aa1 AA+ 3130APFU4 10/28/2026 FED HOME LOAN BANKS 10/28/2021 2,000,000.00 2,000,000.00 1,981,760.00 (18,240.00) 1.06% 120 1.28% Aa1 AA+ 3130APLP8 11/16/2026 FED HOME LOAN BANKS 11/16/2021 2,500,000.00 2,500,000.00 2,475,175.00 (24,825.00) 1.39% 139 1.59% Aa1 AA+ 3130APNK7 11/18/2026 FED HOME LOAN BANKS 11/18/2021 3,000,000.00 3,000,000.00 2,969,220.00 (30,780.00) 1.39% 141 1.91% Aa1 AA+ 3130APPL3 11/23/2026 FED HOME LOAN BANKS 11/23/2021 3,000,000.00 3,000,000.00 2,969,190.00 (30,810.00) 1.47% 146 1.91% Aa1 AA+ 3130APXT7 12/17/2026 FED HOME LOAN BANKS 12/17/2021 2,000,000.00 2,000,000.00 1,978,040.00 (21,960.00) 1.62% 170 1.27% Aa1 AA+ 3130ARA68 3/29/2027 FED HOME LOAN BANKS 9/29/2022 2,000,000.00 2,000,000.00 1,975,000.00 (25,000.00) 2.38% 272 1.27% Aa1 AA+ Federal Agency Bond/Note 34,000,000.00 34,000,000.00 33,713,670.00 (286,330.00) 21.70% Corporate Note 172967PZ8 5/7/2028 CITIGROUP INC 5/7/2025 1,100,000.00 1,100,000.00 1,100,704.00 704.00 4.64% 677 0.71% A3 BBB+ 81762PAF9 5/15/2028 SERVICENOW INC 5/15/2026 190,000.00 189,312.20 189,411.00 98.80 4.26% 685 0.12% A2 A 637639AK1 5/30/2028 NATIONAL SEC CLEARNING 4/23/2025 1,000,000.00 1,015,590.00 1,009,940.00 (5,650.00) 4.95% 700 0.65% Aa1 AA+ 90327QDA4 6/1/2028 USAA CAPITAL CORP 6/2/2025 435,000.00 434,177.85 434,199.60 21.75 4.38% 702 0.28% Aa1 AA- 40428HR95 6/3/2028 HSBC USA INC 6/3/2025 1,125,000.00 1,124,960.75 1,128,588.75 3,628.00 4.64% 704 0.73% A2 A- 69353RFZ6 7/21/2028 PNC BANK NA 10/8/2025 750,000.00 754,552.50 748,845.00 (5,707.50) 4.44% 752 0.48% A2 A 38145GAP5 1/21/2029 GOLDMAN SACHS GROUP 1/21/2026 1,165,000.00 1,164,613.00 1,155,214.00 (9,399.00) 4.18% 936 0.74% A2 BBB+ 02079KBJ5 2/15/2029 ALPHABET INC 2/10/2026 225,000.00 224,183.25 221,424.75 (2,758.50) 3.75% 961 0.14% Aa2 AA+ 756109CF9 2/15/2029 REALTY INCOME CORP 3/18/2026 630,000.00 637,345.80 632,954.70 (4,391.10) 4.72% 961 0.41% A3 A- 17275RBR2 2/26/2029 CISCO SYSTEMS INC 11/7/2025 1,125,000.00 1,153,586.25 1,137,273.75 (16,312.50) 4.80% 972 0.73% A1 AA- 002824BR0 3/9/2029 ABBOT LABORATORIES 3/9/2026 1,245,000.00 1,243,418.85 1,221,594.00 (21,824.85) 3.77% 983 0.79% Aa3 A+ 58769JBP1 3/10/2029 MERCEDES-BENZ FIN NA LLC 3/10/2026 720,000.00 719,697.60 711,410.40 (8,287.20) 4.30% 984 0.46% A2 A 482480AG5 3/15/2029 KLA CLORP 12/19/2025 1,520,000.00 1,524,292.60 1,506,289.60 (18,003.00) 4.14% 989 0.97% A2 A- 637432NS0 3/15/2029 NATIONAL RURAL UTIL COOP 1/9/2026 850,000.00 841,083.50 831,529.50 (9,554.00) 3.78% 989 0.54% A1 A- 79466LAR5 3/15/2029 SALESFORCE INC 3/13/2026 2,320,000.00 2,319,489.60 2,319,675.20 185.60 4.65% 989 1.49% A2 A+ 90261AAG7 3/16/2029 UBS AG/STAMFORD CT 3/16/2026 465,000.00 465,000.00 463,228.35 (1,771.65) 4.32% 990 0.30% Aa2 A+ 437076CW0 4/15/2029 HOME DEPOT INC 12/4/2025 800,000.00 823,080.00 810,832.00 (12,248.00) 4.83% 1,020 0.52% A2 A 06405LAH4 4/20/2029 BANK OF NY MELLON 4/22/2025 250,000.00 250,000.00 251,127.50 1,127.50 4.71% 1,025 0.16% A2 AA- 06051GMT3 5/9/2029 BANK OF AMERICA CORP 5/9/2025 1,115,000.00 1,115,000.00 1,114,754.70 (245.30) 4.62% 1,044 0.72% A1 A- 025816EJ4 7/20/2029 AMERICAN EXPRESS CO 2/4/2026 765,000.00 768,993.30 761,328.00 (7,665.30) 4.37% 1,116 0.49% A2 A- 05565ECR4 8/13/2029 BMW US CAPITAL LLC 6/3/2026 1,150,000.00 1,148,470.50 1,147,366.50 (1,104.00) 4.66% 1,140 0.74% A2 A 771196CP5 9/9/2029 ROCHE HOLDINGS INC 10/15/2025 1,150,000.00 1,155,635.00 1,142,962.00 (12,673.00) 4.23% 1,167 0.74% Aa2 AA 06406RBT3 10/25/2029 BANK OF NY MELLON 3/5/2026 935,000.00 987,462.85 969,389.30 (18,073.55) 6.09% 1,213 0.62% Aa3 A 6174468G7 1/23/2030 MORGAN STANLEY 1/26/2026 765,000.00 768,526.65 758,252.70 (10,273.95) 4.47% 1,303 0.49% A1 A- 95000U4D2 1/23/2030 WELLS FARGO & CO 1/23/2026 260,000.00 260,000.00 256,677.20 (3,322.80) 4.24% 1,303 0.17% A1 A+ 00724PAD1 2/1/2030 ADOBE INC 2/6/2026 870,000.00 812,341.66 803,619.00 (8,722.66) 2.49% 1,312 0.52% A1 A+ 9 T:\Finance\Investments\2025-2026 Investments Reports\12 - June 2026 Investments.xlsx CUSIP Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Market Yield Days to Maturity % of Portfolio Moodys Rating S&P Rating CITY OF TULARE MANAGED ACCOUNTS JUNE 30, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 61748UAV4 4/10/2030 MORGAN STANLEY 4/17/2026 250,000.00 980,000.00 974,149.40 (5,850.60) 4.58% 1,380 0.63% A1 A- 24422EYE3 6/5/2030 JOHN DEER CAPITAL CORP 6/5/2025 515,000.00 514,727.05 515,896.10 1,169.05 4.54% 1,436 0.33% A1 A 032654BE4 6/15/2030 ANALOG DEVICES INC 6/16/2025 1,125,000.00 1,124,010.00 1,122,963.75 (1,046.25) 4.51% 1,446 0.72% A2 A- 66989HAY4 11/5/2030 NOVARTIS CAPITAL CORP 11/5/2025 1,360,000.00 1,355,920.00 1,337,043.20 (18,876.80) 4.17% 1,589 0.86% Aa3 AA- 822905AN5 11/6/2030 SHELL FINANCE US INC 11/6/2025 770,000.00 767,503.78 756,540.40 (10,963.38) 4.20% 1,590 0.49% Aa2 A+ 30303MAB8 11/15/2030 META PLATFORMS INC 11/17/2025 765,000.00 767,593.35 753,249.60 (14,343.75) 4.27% 1,599 0.48% Aa3 AA- 89158TAA7 1/13/2031 TOTALENERGIES CAP USA LLC 1/13/2026 1,675,000.00 1,678,007.00 1,647,697.50 (30,309.50) 4.32% 1,658 1.06% Aa3 A+ 02079KBK2 2/15/2031 ALPHABET INC 2/17/2026 1,545,000.00 1,544,026.65 1,519,615.65 (24,411.00) 4.17% 1,691 0.98% Aa2 AA+ 023135DD5 3/13/2031 AMAZON.COM INC 3/13/2026 1,555,000.00 1,552,566.80 1,531,768.30 (20,798.50) 4.31% 1,717 0.99% A1 AA 05565EDH5 3/19/2031 BMW US CAPITAL LLC 3/19/2026 750,000.00 749,340.00 741,120.00 (8,220.00) 4.71% 1,723 0.48% A2 A 14913V2D9 5/15/2031 CATERPILLAR FINL SERVICE 5/15/2026 615,000.00 614,157.45 612,546.15 (1,611.30) 4.52% 1,780 0.39% A1 A 375558CL5 5/20/2031 GILEAD SCIENCES INC 5/20/2026 265,000.00 264,989.40 264,432.90 (556.50) 4.61% 1,785 0.17% A3 A- 532457DL9 5/20/2031 ELI LILLY & CO 5/20/2026 695,000.00 694,256.35 690,538.10 (3,718.25) 4.40% 1,785 0.44% Aa3 AA- 57636QBL7 6/8/2031 MASTERCARD INC 6/8/2026 1,555,000.00 1,554,828.60 1,555,108.85 280.25 4.60% 1,804 1.00% Aa3 A+ 637639AT2 6/9/2031 NATIONAL SEC CLEARNING 6/9/2026 725,000.00 724,775.25 725,427.75 652.50 4.70% 1,805 0.47% Aa1 AA 46124HAK2 6/15/2031 INTUIT INC 6/15/2026 775,000.00 776,891.00 775,085.25 (1,805.75) 4.95% 1,811 0.50% A3 A 67066GAR5 6/15/2031 NVIDA CORP 6/18/2026 1,060,000.00 1,057,986.00 1,057,318.20 (667.80) 4.51% 1,811 0.68% Aa1 AA Corporate Note 38,925,000.00 39,722,392.39 39,409,092.60 (313,299.79) 25.36% Bank Note 89788JAH2 10/23/2029 TRUIST BANK 11/10/2025 1,525,000.00 1,519,738.75 1,507,599.75 (12,139.00) 4.18% 1,211 0.97% A3 A 61776NU43 2/8/2030 MORGAN STANLEY PRI BNK 2/2/2026 695,000.00 695,000.00 686,152.65 (8,847.35) 4.27% 1,319 0.44% Aa3 A+ 61778EUR0 5/1/2030 MORGAN STANLEY BANK NA 5/6/2026 250,000.00 250,000.00 250,265.00 265.00 4.78% 1,401 0.16% Aa3 A+ Bank Note 2,470,000.00 2,464,738.75 2,444,017.40 (20,721.35) 1.57% Asset-Back Security 246921AC4 7/24/2028 DELL EQ FIN TR 2026-1 4/22/2026 300,000.00 299,991.90 299,731.74 (260.16) 4.24% 755 0.19% Aaa NR 73329KAD8 10/20/2028 PORSCHE INNOV LSE OWNER TR 5/21/2025 270,000.00 269,971.08 270,804.25 833.17 4.60% 843 0.17% NR AAA 096912AE0 10/25/2028 BMW VEHICLE LSE TR 25-1 6/10/2025 495,000.00 494,955.00 495,655.33 700.33 4.48% 848 0.32% NR AAA 448972AD1 4/16/2029 HYUNDAI AUTO LSE SEC TR 4/22/2026 625,000.00 624,908.88 622,717.75 (2,191.13) 4.23% 1,021 0.40% NR AAA 05594HAE3 5/25/2029 BMW VEHICLE LSE TR 25-2 10/15/2025 730,000.00 729,982.04 725,415.24 (4,566.80) 4.06% 1,060 0.47% NR AAA 142935AB1 8/15/2029 CARMAX AUTO OWNER TR 4/29/2026 405,000.00 404,969.54 404,231.47 (738.07) 4.12% 1,142 0.26% NR AAA 73328FAD0 8/20/2029 PORSCHE INNOV LSE OWNER TR 6/12/2026 355,000.00 354,991.05 354,746.00 (245.05) 4.41% 1,147 0.23% NR AAA 50117LAC2 9/17/2029 KUBOTA CREDIT OWNER TR 25-2 6/25/2025 255,000.00 254,999.75 254,917.64 (82.11) 4.42% 1,175 0.16% Aaa NR 437921AD1 10/15/2029 HONDA AUTO REC 25-2 5/8/2025 315,000.00 314,964.81 314,355.51 (609.30) 4.16% 1,203 0.20% Aaa NR 89231HAD8 11/15/2029 TOYOTA AUTO REC 25-B 4/30/2025 615,000.00 614,964.76 615,318.39 353.63 4.34% 1,234 0.40% NR AAA 05594BAD8 11/20/2029 BOFA AUTO TR 25-1 5/12/2025 210,000.00 209,985.51 210,126.08 140.57 4.35% 1,239 0.14% Aaa NR 448970AE3 12/17/2029 HYUNDAI AUTO LSE SEC TR 1/21/2026 310,000.00 309,951.21 307,554.44 (2,396.77) 4.04% 1,266 0.20% Aaa NR 44935XAD7 12/17/2029 HYUNDAI AUTO REC TR 25-B 6/11/2025 360,000.00 359,967.49 360,168.05 200.56 4.36% 1,266 0.23% NR AAA 65481GAD7 12/17/2029 NISSAN AUTO REC 25-A 5/27/2025 1,060,000.00 1,059,796.48 1,062,687.10 2,890.62 4.48% 1,266 0.68% Aaa NR 90327HAC3 12/17/2029 USAA AUTO OWNER TR 25-A 10/9/2025 350,000.00 349,969.27 348,567.45 (1,401.82) 3.97% 1,266 0.22% Aaa AAA 02008KAC7 3/15/2030 ALLY AUTO REC TR 25-1 10/16/2025 310,000.00 309,955.73 308,864.44 (1,091.29) 3.97% 1,354 0.20% NR AAA 02582JKP4 4/15/2030 AMERICAN EXPRESS CRED AMT 5/13/2025 1,045,000.00 1,044,981.09 1,044,196.60 (784.49) 4.28% 1,385 0.67% NR AAA 362549AD9 4/16/2030 GM FIN CONSUM AUTO REC TR 25- 5/14/2025 245,000.00 244,963.94 245,065.54 101.60 4.28% 1,386 0.16% Aaa AAA 87268MAA3 4/22/2030 T-MOBILE US TR 25-2 8/6/2025 280,000.00 279,995.04 280,076.05 81.01 4.34% 1,392 0.18% Aaa NR 10 T:\Finance\Investments\2025-2026 Investments Reports\12 - June 2026 Investments.xlsx CUSIP Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Market Yield Days to Maturity % of Portfolio Moodys Rating S&P Rating CITY OF TULARE MANAGED ACCOUNTS JUNE 30, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 0522RDK1 5/15/2030 BA CREDIT CARD TR 6/12/2025 685,000.00 684,997.40 684,917.12 (80.28) 4.31% 1,415 0.44% NR AAA 50118HAC0 5/15/2030 KUBOTA CREDIT OWNER TR 26-1 2/25/2026 310,000.00 309,930.03 305,508.63 (4,421.40) 3.93% 1,415 0.20% Aaa NR 92970QAJ4 5/15/2030 WF CARD ISSUANCE TR 6/10/2025 1,325,000.00 1,324,978.01 1,325,744.12 766.11 4.34% 1,415 0.85% NR AAA 17305EHA6 6/21/2030 CITIBANK CC ISSUANCE TR 6/26/2025 1,500,000.00 1,499,593.05 1,497,868.95 (1,724.10) 4.31% 1,452 0.96% Aaa AAA 02582JKV1 7/15/2030 AMERICAN EXPRESS CRED AMT 7/22/2025 850,000.00 849,877.52 849,121.44 (756.08) 4.30% 1,476 0.55% NR AAA 14043YAD7 7/15/2030 CAPITAL ONE PRIME AUTO 11/5/2025 525,000.00 524,888.81 520,379.37 (4,509.44) 3.88% 1,476 0.33% NR AAA 161571HZ0 7/15/2030 CHASE INSURANCE TR 7/25/2025 1,195,000.00 1,194,975.98 1,190,662.87 (4,313.11) 4.18% 1,476 0.77% NR AAA 05620EAD0 10/15/2030 BOFA AUTO TR 26-1 4/24/2026 405,000.00 404,937.99 402,430.03 (2,507.96) 4.21% 1,568 0.26% Aaa NR 34532WAD7 10/15/2030 FORD CREDIT AUTO OWN TR 3/24/2026 490,000.00 489,906.36 486,609.98 (3,296.38) 4.08% 1,568 0.31% Aaa AAA 87269AAA8 10/21/2030 T-MOBILE US TR 26-1 3/20/2026 1,415,000.00 1,414,699.74 1,407,961.08 (6,738.66) 4.27% 1,574 0.91% Aaa NR 16144MAD6 10/25/2030 CHASE AUTO OWNER TR 25-2 10/29/2025 735,000.00 734,970.89 728,775.29 (6,195.60) 3.89% 1,578 0.47% Aaa NR 43814YAD3 11/15/2030 HONDA AUTO REC 26-2 5/13/2026 1,015,000.00 1,014,970.67 1,012,703.46 (2,267.21) 4.31% 1,599 0.65% Aaa AAA 929868CAE1 11/20/2030 VOLKSWAGEN AUTO LSE TR 3/24/2026 725,000.00 724,937.00 719,161.21 (5,775.79) 4.24% 1,604 0.46% NR AAA 44935KAD5 2/18/2031 HYUNDAI AUTO REC TR 26-B 6/17/2026 740,000.00 739,910.68 742,013.61 2,102.93 4.50% 1,694 0.48% NR AAA Asset-Back Security 20,450,000.00 20,447,838.70 20,399,056.23 (48,782.47) 13.13% TOTAL FIXED INCOME 145,695,409.38 145,570,285.75 144,349,487.87 (1,220,797.88) 92.90% 11 T:\Finance\Investments\2025-2026 Investments Reports\12 - June 2026 Investments.xlsx CUSIP Trade Date Settle Date Short Description Par Value Principal Proceeds Accrued Interest Total Realized G/L Cost Realized G/L Amort Cost Buy 3137FUZV9 6/1/2026 6/4/2026 FREDDIE MAC MULTIFAM SPTC 1,675,000.00 (1,489,637.70) (182.99) (1,489,820.69) 91282CKN0 6/1/2026 6/5/2026 UNITED STATES TREASURY BILL 1,500,000.00 (1,529,707.03) (6,786.68) (1,536,493.71) 05565ECR4 6/2/2026 6/3/2026 BMW US CAPITAL LLC 1,150,000.00 (1,148,470.50) (16,339.58) (1,164,810.08) 637639AT2 6/2/2026 6/9/2026 NATIONAL SECS CLEARING 725,000.00 (724,775.25) - (724,775.25) 06406XPS7 6/3/2026 6/4/2026 BANK OF NEW YORK MELLON 1,700,000.00 (1,650,197.08) - (1,650,197.08) 06743VO11 6/4/2026 6/5/2026 BARCLAYS CAPITAL INC 1,600,000.00 (1,552,416.89) - (1,552,416.89) 57636OBL7 6/4/2026 6/8/2026 MASTERCARD INC 935,000.00 (934,252.00) - (934,252.00) 73328FAD0 6/4/2026 6/12/2026 PORSCHE INNOV LSE OWNER TR 355,000.00 (354,991.05) - (354,991.05) 57636OBL7 6/5/2026 6/8/2026 MASTERCARD INC 620,000.00 (620,576.60) - (620,576.60) 44935KAD5 6/9/2026 6/17/2026 HYUNDAI AUTO REC TR 26-B 740,000.00 (739,910.68) - (739,910.68) 3137FKSH0 6/10/2026 6/15/2026 FREDDIE MAC MULTIFAM SPTC 825,000.00 (813,752.93) (1,238.10) (814,991.03) 3137FHPJ6 6/10/2026 6/15/2026 FREDDIE MAC MULTIFAM SPTC 1,025,000.00 (1,014,029.30) (1,564.95) (1,015,594.25) 46124HAK2 6/12/2026 6/15/2026 INTUIT INC 775,000.00 (776,891.00) (426.25) (777,317.25) 67066GAR5 6/15/2026 6/18/2026 NVIDIA CORP 1,060,000.00 (1,057,986.00) - (1,057,986.00) 3137HB3D4 6/25/2026 6/30/2026 FREDDIE MAC MULTIFAM SPTC 1,075,000.00 (1,087,681.64) (4,389.61) (1,092,071.25) 3136G5V64 6/26/2026 6/29/2026 FANNIE MAE-ACES 1,125,000.00 (1,111,289.06) (3,718.75) (1,115,007.81) 912797UN5 6/29/2026 6/30/2026 UNITED STATES TREASURY BILL 2,300,000.00 (2,298,394.03) - (2,298,394.03) Buy 19,185,000.00 (18,904,958.74) (34,646.91) (18,939,605.65) Maturity 3130AMWU2 6/30/2026 6/30/2026 FED HOME LOAN BANKS 3,000,000.00 3,000,000.00 - 3,000,000.00 Maturity 3,000,000.00 3,000,000.00 - 3,000,000.00 - - Paydowns 3137FVNF5 6/1/2026 6/25/2026 FREDDIE MAC MULTIFAM SPTC 20,009.01 20,009.01 - 20,009.01 1,226.33 1,141.31 3137H9QT9 6/1/2026 6/25/2026 FREDDIE MAC MULTIFAM SPTC 3,060.83 3,060.83 - 3,060.83 (7.53) (5.81) 3137F8ZU0 6/1/2026 6/25/2026 FREDDIE MAC MULTIFAM SPTC 24,120.94 24,120.94 - 24,120.94 1,570.69 1,501.01 3136BQCS6 6/1/2026 6/25/2026 FANNIE MAE-ACES 222.80 222.80 - 222.80 (1.06) (1.00) Paydowns 47,413.58 47,413.58 - 47,413.58 2,788.43 2,635.51 Sell 3130ANYR5 6/1/2026 6/2/2026 FED HOME LOAN BANKS 2,500,000.00 2,476,775.00 4,090.28 2,480,865.28 (23,225.00) (23,225.00) 89236TPO2 6/2/2026 6/3/2026 TOYOTA MOTOR CORP 1,125,000.00 1,114,256.25 10,125.00 1,124,381.25 (10,338.75) (10,369.24) 17325FBP2 6/2/2026 6/3/2026 CITIBANK NA 610,000.00 617,618.90 333.06 617,951.96 7,618.90 7,618.90 3130APCD5 6/3/2026 6/4/2026 FED HOME LOAN BANKS 2,500,000.00 2,473,925.00 2,986.11 2,476,911.11 (26,075.00) (26,075.00) 91282CKN0 6/4/2026 6/5/2026 UNITED STATES TREASURY BILL 450,000.00 458,507.81 2,036.01 460,543.82 (404.30) (404.30) 00724PAD1 6/4/2026 6/5/2026 ADOBE INC 500,000.00 462,665.00 3,961.11 466,626.11 (4,070.00) (6,636.18) 00724PAD1 6/5/2026 6/8/2026 ADOBE INC 650,000.00 601,549.00 5,274.03 606,823.03 (5,206.50) (8,626.58) 00724PAD1 6/5/2026 6/8/2026 ADOBE INC 15,000.00 13,881.90 121.71 14,003.61 (120.60) (197.09) 91282CKN0 6/5/2026 6/8/2026 UNITED STATES TREASURY BILL 350,000.00 356,685.55 1,715.52 358,401.07 (246.09) (235.72) 9128286B1 6/9/2026 6/10/2026 UNITED STATES TREASURY BILL 775,000.00 744,787.11 6,462.79 751,249.90 (6,720.70) (9,554.31) CITY OF TULARE PURCHASES, SALES, PAYDOWNS, AND MATURITY JUNE 30, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 12 T:\Finance\Investments\2025-2026 Investments Reports\12 - June 2026 Investments.xlsx CUSIP Trade Date Settle Date Short Description Par Value Principal Proceeds Accrued Interest Total Realized G/L Cost Realized G/L Amort Cost 91282CHE4 6/10/2026 6/11/2026 UNITED STATES TREASURY BILL 2,050,000.00 2,030,861.33 2,233.44 2,033,094.77 (8,568.36) (9,056.12) 02079KBK2 6/12/2026 6/15/2026 ALPHABET INC 775,000.00 761,654.50 10,768.20 772,422.70 (12,609.25) (12,654.58) 02079KBK2 6/12/2026 6/15/2026 ALPHABET INC 5,000.00 4,913.90 69.47 4,983.37 (83.75) (83.89) 91282CKN0 6/15/2026 6/16/2026 UNITED STATES TREASURY BILL 700,000.00 713,042.97 4,134.85 717,177.82 (820.31) (743.76) 91282CKF7 6/15/2026 6/16/2026 UNITED STATES TREASURY BILL 330,000.00 329,007.42 2,863.83 331,871.25 (3,918.75) (3,828.24) 91282CKF7 6/26/2026 6/29/2026 UNITED STATES TREASURY BILL 440,000.00 439,776.56 4,463.11 444,239.67 (4,125.00) (3,978.77) 91282CKF7 6/26/2026 6/29/2026 UNITED STATES TREASURY BILL 460,000.00 459,766.41 4,665.98 464,432.39 (4,258.59) (4,123.85) 91282CKF7 6/26/2026 6/29/2026 UNITED STATES TREASURY BILL 100,000.00 99,949.22 1,014.35 100,963.57 (500.00) (488.49) Sell 14,335,000.00 14,159,623.83 67,318.85 14,226,942.68 (103,672.05) (112,662.22) 13 T:\Finance\Investments\2025-2026 Investments Reports\12 - June 2026 Investments.xlsx CATEGORY June May Change June May Change June May Total June May Change Total Investments 236,703,564 236,840,858 (137,294) 235,518,626 235,732,965 (214,340) (1,184,939) (1,107,893) (77,046) N/A N/A N/A Unrestricted Investments 220,405,607 219,998,715 406,892 219,220,668 218,890,822 329,846 (1,184,939) (1,107,893) (77,046) 3.08% 3.05% 0.03% Restricted Investments 16,297,957 16,842,143 (544,186) 16,297,957 16,842,143 (544,186) - - - N/A N/A N/A Loacl Agency Investment Fund (LAIF) 40,345,759 40,345,759 40,300,264 - 40,344,986 (44,721) (45,495) (773) (44,721) 3.82% 3.81% 0.01% Fixed Income Investments (Total) 145,570,286 149,473,145 (3,902,859) 144,349,488 148,296,088 (3,946,600) (1,220,798) (1,177,057) (43,741) 3.52% 3.34% 0.18% Net LAIF transactions are represented by the change in book value balance shown above. Changes in Restricted Investments are not shown. BOOK VALUE MARKET VALUE VARIANCE AVERAGE STATED YIELD CITY OF TULARE TREASURER'S EXECUTIVE SUMMARY JUNE 30, 2026 14 T:\Finance\Investments\2025-2026 Investments Reports\12 - June 2026 Investments.xlsx

BOOK VALUE ISSUER OF CURRENT % OF TYPE OF INVESTMENT INVESTMENT STATED YIELD BOOK VALUE MARKET VALUE THIS MONTH LAST MONTH ANNUAL THIS MONTH U/I~ Petty Cash N/A N/A None 12,900 12,900 N/A N/A N/A N/A 0.01% Checking Account - City Wells Fargo Bank N/A None 104,881 104,881 N/A N/A N/A N/A 0.04% Balance per bank is $ Sweep Account - City Wells Fargo Bank N/A 3.250% 17,801,702 17,849,915 48,213 63,085 578,555 48,213 7.13% Balance per bank is $ Local Agency Investment Fund (LAIF) State of California N/A 3.840% 74,845,759 * 74,685,085 (160,674) (45,495) 2,874,077 239,506 29.98% Per BNY WTC Per BNY WTC Money Market Mutual Fund Various (see page 7) N/A 2.226% 13,898,919 13,937,024 38,105 18,269 310,221 25,852 5.57% Sub-Total N/A 2.987% 106,664,160 106,589,804 (122,569) (27,226) 3,184,298 265,358 42.73% Per BNY WTC Per BNY WTC Fixed Income Investments Various (See page 8-11) N/A 3.597% 142,954,277 141,262,006 (1,692,271) (1,220,798) 5,081,886 423,491 57.27% Investments in Safekeeping With BNY Western Trust Company TOTAL UNRESTRICTED INVESTMENTS N/A 3.335% 249,618,437 247,851,810 (1,814,840) (1,248,024) 8,266,185 688,849 100.00% * LAIF market values are based on the most currently available amortized cost information - July 31, 2026: 0.99785326 ~ U/I = Unrestricted Investments GAIN/(LOSS): EARNINGS: ESTIMATED CITY OF TULARE SUMMARY TREASURER'S REPORT, CONTINUED SUMMARY OF UNRESTRICTED INVESTMENTS JULY 31, 2026 INTEREST RATES: UNREALIZED 5 T:\Finance\Investments\2026-2027 Investment Reports\01 - July 2026 Investments.xlsx BALANCES ACQUISITION MATURITY STATED PAR BOOK MARKET AS-OF TYPE OF INVESTMENT DATE DATE INTEREST RATE VALUE VALUE VALUE DATE Bond Funds (All are Managed by U.S. Bank Trust Except LAIF): 2018 Lease Revenue and Refunding Bonds (Account No. 244938000) First American Govt Fd U.S. Bank Trust Various On Demand Various N/A 3,575,193 3,575,193 7-31-2026 Reserve Fund 3,575,193 3,575,193 2015 Sewer Revenue Refunding Bonds (Account No. 261594000) First American Govt Fd U.S. Bank Trust Various On Demand Various N/A 2,312 2,312 7-31-2026 First American Govt Fd U.S. Bank Trust Various N/A 5,186,062 5,186,062 7-31-2026 Reserve Fund 5,188,374 5,188,374 2016 Sewer Revenue Refunding Bonds (Account No. 231687000) U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 2 2 7-31-2026 2 2 2020 Sewer Revenue Refunding Bonds (Account No. 230396000) U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 22,862 22,862 7-31-2026 22,862 22,862 2017 Water Revenue Bonds (Account No. 219189000) U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 1 7-31-2026 1 1 1 2020 Water Revenue Bonds (Account No. 250953000) Cash N/A N/A 0 06-30-21 U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 7,547,436 7,547,436 7-31-2026 7,547,436 7,547,436 2017 Successor Agency Tax Allocation Bonds - Series A & B (Account No. 245346000) U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 739,527 739,527 7-31-2026 739,527 739,527 TOTAL RESTRICTED INVESTMENTS 17,073,395 17,073,395 CITY OF TULARE SUMMARY TREASURER'S REPORT, CONTINUED SUMMARY OF RESTRICTED INVESTMENTS JULY 31, 2026 INVESTMENT ISSUER OF 6 T:\Finance\Investments\2026-2027 Investment Reports\01 - July 2026 Investments.xlsx Ticker Pool Description Type Par Value Book Value Market Value Rate % of Portfolio 06406XPS7 BANK NEW YORK MELLON COMMERCIAL PAPER 1,700,000.00 1,650,197.08 1,659,440.83 0.00% 1.07% 06743VQ11 BARCLAYS CAP INC COMMERCIAL PAPER 1,600,000.00 1,552,416.89 1,560,529.60 0.00% 1.01% 17291YKP1 CITIGROUP GLOBAL COMMERCIAL PAPER 2,400,000.00 2,353,698.67 2,378,433.34 0.00% 1.53% X9USDDGCM DREYFUS GOVT CASH MGMT FD 289 CASH/MONEY MARKET 369,110.29 369,110.29 369,110.29 3.55% 0.24% X9USDDGCM DREYFUS GOVT CM INST 289 CASH/MONEY MARKET 4,873,495.62 4,873,495.62 4,873,495.62 3.55% 3.14% 78015J2H9 ROYAL BK CDA N Y BRH INSTL CERTIFICATE OF DEPOSIT 1,550,000.00 1,550,000.00 1,548,007.09 4.01% 1.00% 89115M3E4 TORONTO DOMINION BK N Y BRH CERTIFICATE OF DEPOSIT 1,550,000.00 1,550,000.00 1,548,007.09 4.01% 1.00% 14,042,605.91 13,898,918.55 13,937,023.86 8.98% CITY OF TULARE CASH AND SHORT TERM JULY 31, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 7 T:\Finance\Investments\2026-2027 Investment Reports\01 - July 2026 Investments.xlsx CUSIP Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Market Yield Days to Maturity % of Portfolio Moodys Rating S&P Rating U.S. Treasury Bond / Note 9128286B1 2/15/2029 U.S. TREASURY NOTE/BOND 1/20/2026 2,275,000.00 2,195,017.58 2,181,861.50 (13,156.08) 2.74% 930 1.41% Aa1 AA+ 91282CQA2 2/15/2029 U.S. TREASURY NOTE/BOND 3/5/2026 575,000.00 575,965.82 563,344.75 (12,621.07) 3.57% 930 0.36% Aa1 AA+ 91282CEE7 3/31/2029 U.S. TREASURY NOTE/BOND 4/8/2026 1,285,000.00 1,231,190.63 1,221,598.10 (9,592.53) 2.50% 974 0.79% Aa1 AA+ 91282CLR0 10/31/2029 U.S. TREASURY NOTE/BOND 1/21/2026 1,165,000.00 1,180,108.59 1,155,808.15 (24,300.44) 4.16% 1,188 0.74% Aa1 AA+ 91282CFY2 11/30/2029 U.S. TREASURY NOTE/BOND 1/21/2026 640,000.00 642,450.00 629,849.60 (12,600.40) 3.94% 1,218 0.41% Aa1 AA+ 91282CMG3 1/31/2030 U.S. TREASURY NOTE/BOND 12/9/2025 750,000.00 765,234.37 746,250.00 (18,984.37) 4.27% 1,280 0.48% Aa1 AA+ 91282CMU2 3/31/2030 U.S. TREASURY NOTE/BOND 12/4/2025 1,900,000.00 1,931,468.75 1,873,875.00 (57,593.75) 4.06% 1,339 1.21% Aa1 AA+ 91282CMZ1 4/30/2030 U.S. TREASURY NOTE/BOND 1/7/2026 5,000,000.00 5,043,554.69 4,908,000.00 (135,554.69) 3.95% 1,369 3.16% Aa1 AA+ 91282CNG2 5/31/2030 U.S. TREASURY NOTE/BOND 1/15/2026 450,000.00 455,906.25 443,443.50 (12,462.75) 4.06% 1,400 0.29% Aa1 AA+ 91282CHZ7 9/30/2030 U.S. TREASURY NOTE/BOND 10/30/2025 2,000,000.00 2,089,218.75 2,014,380.00 (74,838.75) 4.59% 1,522 1.30% Aa1 AA+ 91282CJM4 11/30/2030 U.S. TREASURY NOTE/BOND 2/4/2026 2,500,000.00 2,563,476.56 2,492,875.00 (70,601.56) 4.39% 1,583 1.61% Aa1 AA+ 91282CPR6 12/31/2030 U.S. TREASURY NOTE/BOND 2/25/2026 645,000.00 645,856.64 624,011.70 (21,844.94) 3.75% 1,614 0.40% Aa1 AA+ 91282CKC4 2/28/2031 U.S. TREASURY NOTE/BOND 3/26/2026 535,000.00 541,165.04 530,591.60 (10,573.44) 4.29% 1,673 0.34% Aa1 AA+ 91282CKF7 3/31/2031 U.S. TREASURY NOTE/BOND 4/15/2026 400,000.00 402,900.99 394,468.00 (8,432.99) 4.18% 1,704 0.25% Aa1 AA+ 91282CKU4 5/31/2031 U.S. TREASURY NOTE/BOND 7/9/2026 1,100,000.00 1,116,199.22 1,107,524.00 (8,675.22) 4.59% 1,765 0.71% Aa1 AA+ U.S. Treasury Bond / Note 21,220,000.00 21,379,713.88 20,887,880.90 (491,832.98) 13.46% Federal Agency Commercial Mortgage-Backed Security 3136BQCS6 7/1/2028 FANNIE MAE-ACES 4/7/2026 777,611.61 781,204.59 775,436.16 (5,768.43) 4.51% 701 0.50% Aa1 AA+ 3137FHPJ6 7/1/2028 FREDDIE MAC MULTIFAM SPTC 6/15/2026 1,025,000.00 1,014,029.30 1,011,532.12 (2,497.18) 3.98% 701 0.65% Aa1 AA+ 3137HAMH6 8/1/2028 FREDDIE MAC MULTIFAM SPTC 1/13/2026 1,510,000.00 1,527,344.14 1,509,422.27 (17,921.87) 4.65% 732 0.97% Aa1 AA+ 3137HAQ74 8/1/2028 FREDDIE MAC MULTIFAM SPTC 4/7/2026 1,025,000.00 1,036,851.56 1,025,617.26 (11,234.30) 4.74% 732 0.66% Aa2 AA+ 3137HAMS2 9/1/2028 FREDDIE MAC MULTIFAM SPTC 4/7/2026 1,580,000.00 1,600,675.78 1,583,876.21 (16,799.57) 4.79% 763 1.02% Aa3 AA+ 3137HAST4 9/1/2028 FREDDIE MAC MULTIFAM SPTC 4/7/2026 1,065,000.00 1,080,475.78 1,068,092.65 (12,383.13) 4.81% 763 0.69% Aa3 AA+ 3137HB3D4 10/1/2028 FREDDIE MAC MULTIFAM SPTC 6/30/2026 1,075,000.00 1,087,681.64 1,082,777.30 (4,904.34) 5.01% 793 0.70% Aa3 AA+ 3137FKSH0 11/1/2028 FREDDIE MAC MULTIFAM SPTC 6/15/2026 825,000.00 813,752.93 810,788.30 (2,964.63) 3.93% 824 0.52% Aa3 AA+ 3137HBLV4 12/1/2028 FREDDIE MAC MULTIFAM SPTC 3/6/2026 1,525,000.00 1,550,317.38 1,521,712.41 (28,604.97) 4.58% 854 0.98% Aa1 AA+ 3137H9QT9 1/1/2029 FREDDIE MAC MULTIFAM SPTC 7/22/2025 701,878.42 703,601.37 699,760.78 (3,840.59) 4.57% 885 0.45% Aa1 AA+ 3137HKXJ8 1/1/2030 FREDDIE MAC MULTIFAM SPTC 4/24/2025 525,000.00 524,981.63 519,834.84 (5,146.79) 4.45% 1,250 0.33% Aa1 AA+ 3137HLJA1 2/1/2030 FREDDIE MAC MULTIFAM SPTC 5/29/2025 640,000.00 639,982.08 635,741.18 (4,240.90) 4.54% 1,281 0.41% Aa1 AA+ 3137HLXV9 2/1/2030 FREDDIE MAC MULTIFAM SPTC 6/12/2025 1,485,000.00 1,484,946.54 1,467,376.47 (17,570.07) 4.40% 1,281 0.95% Aa1 AA+ 3137FVNF5 3/1/2030 FREDDIE MAC MULTIFAM SPTC 2/13/2026 1,403,098.58 1,317,104.00 1,309,889.20 (7,214.80) 0.89% 1,309 0.84% Aa1 AA+ 3137HL48 4/1/2030 FREDDIE MAC MULTIFAM SPTC 6/26/2025 750,000.00 749,998.50 742,143.15 (7,855.35) 4.45% 1,340 0.48% Aa1 AA+ 3137FUZV9 5/1/2030 FREDDIE MAC MULTIFAM SPTC 6/4/2026 1,675,000.00 1,489,637.70 1,482,558.25 (7,079.45) 1.48% 1,370 0.96% Aa1 AA+ 3137HN4R6 5/1/2030 FREDDIE MAC MULTIFAM SPTC 9/30/2025 1,600,000.00 1,617,312.50 1,580,316.48 (36,996.02) 4.42% 1,370 1.02% Aa1 AA+ 3137HN6B9 5/1/2030 FREDDIE MAC MULTIFAM SPTC 9/29/2025 950,000.00 964,220.55 940,943.18 (23,277.37) 4.46% 1,370 0.61% Aa1 AA+ 3137F8ZU0 6/1/2030 FREDDIE MAC MULTIFAM SPTC 3/19/2026 1,238,326.44 1,157,690.12 1,151,268.13 (6,421.99) 1.00% 1,401 0.74% Aa1 AA+ 3137HMC65 6/1/2030 FREDDIE MAC MULTIFAM SPTC 7/17/2025 1,470,000.00 1,469,972.07 1,449,680.78 (20,291.29) 4.39% 1,401 0.93% Aa1 AA+ 3137HMCE8 7/1/2030 FREDDIE MAC MULTIFAM SPTC 7/31/2025 1,505,000.00 1,503,413.73 1,480,271.95 (23,141.78) 4.34% 1,431 0.95% Aa1 AA+ 3137HMCK4 7/1/2030 FREDDIE MAC MULTIFAM SPTC 8/7/2025 1,175,000.00 1,173,318.58 1,156,425.84 (16,892.74) 4.36% 1,431 0.75% Aa1 AA+ 3137HNN46 9/1/2030 FREDDIE MAC MULTIFAM SPTC 10/16/2025 765,000.00 773,410.41 753,525.61 (19,884.80) 4.39% 1,493 0.49% Aa1 AA+ 3137HNWH7 10/1/2030 FREDDIE MAC MULTIFAM SPTC 11/1/2025 1,550,000.00 1,555,558.30 1,518,409.92 (37,148.38) 4.25% 1,523 0.98% Aa1 AA+ 3137HNWV6 11/1/2030 FREDDIE MAC MULTIFAM SPTC 12/5/2025 975,000.00 983,604.37 953,549.51 (30,054.86) 4.26% 1,554 0.61% Aa1 AA+ 3136G5V64 5/1/2031 FANNIE MAE-ACES 5/1/2031 1,125,000.00 1,111,289.06 1,097,448.19 (13,840.87) 4.36% 1,735 0.71% Aa1 AA+ CITY OF TULARE MANAGED ACCOUNTS JULY 31, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 8 T:\Finance\Investments\2026-2027 Investment Reports\01 - July 2026 Investments.xlsx CUSIP Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Market Yield Days to Maturity % of Portfolio Moodys Rating S&P Rating CITY OF TULARE MANAGED ACCOUNTS JULY 31, 2026 SUMMARY TREASURER'S REPORT, CONTINUED Federal Agency Commercial Mortgage-Backed Securi 29,940,915.05 29,712,374.61 29,328,398.14 (383,976.47) 18.90% Federal Agency Bond/Note 3130ANM56 8/27/2026 FED HOME LOAN BANKS 8/27/2021 2,500,000.00 2,500,000.00 2,495,275.00 (4,725.00) 1.05% 27 1.61% Aa1 AA+ 3130ANUX6 9/28/2026 FED HOME LOAN BANKS 9/28/2021 3,000,000.00 3,000,000.00 2,986,380.00 (13,620.00) 1.11% 59 1.92% Aa1 AA+ 3130APJ55 10/26/2026 FED HOME LOAN BANKS 10/26/2021 3,000,000.00 3,000,000.00 2,981,790.00 (18,210.00) 1.26% 87 1.92% Aa1 AA+ 3130APJB2 10/26/2026 FED HOME LOAN BANKS 10/26/2021 3,000,000.00 3,000,000.00 2,980,950.00 (19,050.00) 1.13% 87 1.92% Aa1 AA+ 3130APDQ5 10/28/2026 FED HOME LOAN BANKS 10/28/2021 3,000,000.00 3,000,000.00 2,981,910.00 (18,090.00) 1.26% 89 1.92% Aa1 AA+ 3130APFQ3 10/28/2026 FED HOME LOAN BANKS 10/28/2021 2,000,000.00 2,000,000.00 1,987,040.00 (12,960.00) 1.11% 89 1.28% Aa1 AA+ 3130APFU4 10/28/2026 FED HOME LOAN BANKS 10/28/2021 2,000,000.00 2,000,000.00 1,987,000.00 (13,000.00) 1.06% 89 1.28% Aa1 AA+ 3130APLP8 11/16/2026 FED HOME LOAN BANKS 11/16/2021 2,500,000.00 2,500,000.00 2,481,200.00 (18,800.00) 1.39% 108 1.60% Aa1 AA+ 3130APNK7 11/18/2026 FED HOME LOAN BANKS 11/18/2021 3,000,000.00 3,000,000.00 2,976,600.00 (23,400.00) 1.39% 110 1.92% Aa1 AA+ 3130APPL3 11/23/2026 FED HOME LOAN BANKS 11/23/2021 3,000,000.00 3,000,000.00 2,976,450.00 (23,550.00) 1.46% 115 1.92% Aa1 AA+ 3130APXT7 12/17/2026 FED HOME LOAN BANKS 12/17/2021 2,000,000.00 2,000,000.00 1,982,500.00 (17,500.00) 1.61% 139 1.28% Aa1 AA+ 3130ARA68 3/29/2027 FED HOME LOAN BANKS 9/29/2022 2,000,000.00 2,000,000.00 1,977,400.00 (22,600.00) 2.38% 241 1.27% Aa1 AA+ Federal Agency Bond/Note 31,000,000.00 31,000,000.00 30,794,495.00 (205,505.00) 19.84% Corporate Note 172967PZ8 5/7/2028 CITIGROUP INC 5/7/2025 1,100,000.00 1,100,000.00 1,100,044.00 44.00 4.64% 646 0.71% A3 BBB+ 81762PAF9 5/15/2028 SERVICENOW INC 5/15/2026 190,000.00 189,312.20 188,932.20 (380.00) 4.27% 654 0.12% A2 A 637639AK1 5/30/2028 NATIONAL SEC CLEARNING 4/23/2025 1,000,000.00 1,015,590.00 1,007,190.00 (8,400.00) 4.96% 669 0.65% Aa1 AA+ 90327QDA4 6/1/2028 USAA CAPITAL CORP 6/2/2025 435,000.00 434,177.85 433,116.45 (1,061.40) 4.39% 671 0.28% Aa1 AA- 40428HR95 6/3/2028 HSBC USA INC 6/3/2025 1,125,000.00 1,124,960.75 1,125,708.75 748.00 4.65% 673 0.73% A2 A- 69353RFZ6 7/21/2028 PNC BANK NA 10/8/2025 750,000.00 754,552.50 748,485.00 (6,067.50) 4.44% 721 0.48% A2 A 38145GAP5 1/21/2029 GOLDMAN SACHS GROUP 1/21/2026 1,165,000.00 1,164,613.00 1,153,664.55 (10,948.45) 4.19% 905 0.74% A2 BBB+ 02079KBJ5 2/15/2029 ALPHABET INC 2/10/2026 225,000.00 224,183.25 220,239.00 (3,944.25) 3.78% 930 0.14% Aa2 AA+ 756109CF9 2/15/2029 REALTY INCOME CORP 3/18/2026 630,000.00 637,345.80 629,596.80 (7,749.00) 3.78% 930 0.41% A3 A- 17275RBR2 2/26/2029 CISCO SYSTEMS INC 11/7/2025 600,000.00 615,246.00 603,510.00 (11,736.00) 4.82% 941 0.39% A1 AA- 002824BR0 3/9/2029 ABBOT LABORATORIES 3/9/2026 1,245,000.00 1,243,418.85 1,215,742.50 (27,676.35) 3.79% 952 0.78% Aa3 A+ 482480AG5 3/15/2029 KLA CLORP 12/19/2025 1,520,000.00 1,524,292.60 1,496,303.20 (27,989.40) 4.16% 958 0.96% A2 A- 637432NS0 3/15/2029 NATIONAL RURAL UTIL COOP 1/9/2026 850,000.00 841,083.50 827,806.50 (13,277.00) 3.80% 958 0.53% A1 A- 79466LAR5 3/15/2029 SALESFORCE INC 3/13/2026 2,320,000.00 2,319,489.60 2,308,933.60 (10,556.00) 4.67% 958 1.49% A2 A+ 90261AAG7 3/16/2029 UBS AG/STAMFORD CT 3/16/2026 465,000.00 465,000.00 462,298.35 (2,701.65) 4.33% 959 0.30% Aa2 A+ 06051GMT3 5/9/2029 BANK OF AMERICA CORP 5/9/2025 1,115,000.00 1,115,000.00 1,112,056.40 (2,943.60) 4.64% 1,013 0.72% A1 A- 025816EJ4 7/20/2029 AMERICAN EXPRESS CO 2/4/2026 765,000.00 768,993.30 760,257.00 (8,736.30) 4.38% 1,085 0.49% A2 A- 05565ECR4 8/13/2029 BMW US CAPITAL LLC 6/3/2026 1,150,000.00 1,148,470.50 1,140,018.00 (8,452.50) 4.69% 1,109 0.73% A2 A 771196CP5 9/9/2029 ROCHE HOLDINGS INC 10/15/2025 1,150,000.00 1,155,635.00 1,135,820.50 (19,814.50) 4.26% 1,136 0.73% Aa2 AA 06406RBT3 10/25/2029 BANK OF NY MELLON 3/5/2026 935,000.00 987,462.85 967,061.15 (20,401.70) 6.11% 1,182 0.62% Aa3 A 6174468G7 1/23/2030 MORGAN STANLEY 1/26/2026 765,000.00 768,526.65 756,194.85 (12,331.80) 4.48% 1,272 0.49% A1 A- 95000U4D2 1/23/2030 WELLS FARGO & CO 1/23/2026 260,000.00 260,000.00 255,660.60 (4,339.40) 4.25% 1,272 0.16% A1 A+ 00724PAD1 2/1/2030 ADOBE INC 2/6/2026 870,000.00 812,341.66 798,999.30 (13,342.36) 2.50% 1,281 0.51% A1 A+ 61748UAV4 4/10/2030 MORGAN STANLEY 4/17/2026 980,000.00 980,000.00 969,386.60 (10,613.40) 4.60% 1,349 0.62% A1 A- 24422EYE3 6/5/2030 JOHN DEER CAPITAL CORP 6/5/2025 515,000.00 514,727.05 511,132.35 (3,594.70) 4.58% 1,405 0.33% A1 A 032654BE4 6/15/2030 ANALOG DEVICES INC 6/16/2025 1,125,000.00 1,124,010.00 1,112,377.50 (11,632.50) 4.55% 1,415 0.72% A2 A- 89788MAZ5 7/23/2030 TRUIST FINANCIAL CORP 7/23/2026 1,525,000.00 1,523,707.50 1,521,523.00 (2,184.50) 4.97% 1,453 0.98% Baa1 A- 9 T:\Finance\Investments\2026-2027 Investment Reports\01 - July 2026 Investments.xlsx CUSIP Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Market Yield Days to Maturity % of Portfolio Moodys Rating S&P Rating CITY OF TULARE MANAGED ACCOUNTS JULY 31, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 66989HAY4 11/5/2030 NOVARTIS CAPITAL CORP 11/5/2025 1,000,000.00 997,000.00 972,490.00 (24,510.00) 4.22% 1,558 0.63% Aa3 AA- 822905AN5 11/6/2030 SHELL FINANCE US INC 11/6/2025 770,000.00 767,503.78 749,949.20 (17,554.58) 4.24% 1,559 0.48% Aa2 A+ 89158TAA7 1/13/2031 TOTALENERGIES CAP USA LLC 1/13/2026 1,675,000.00 1,678,007.00 1,633,996.00 (44,011.00) 4.35% 1,627 1.05% Aa3 A+ 02079KBK2 2/15/2031 ALPHABET INC 2/17/2026 1,300,000.00 1,299,181.00 1,258,504.00 (40,677.00) 4.24% 1,660 0.81% Aa2 AA+ 023135DD5 3/13/2031 AMAZON.COM INC 3/13/2026 775,000.00 773,787.31 750,944.00 (22,843.31) 4.39% 1,686 0.48% A1 AA 05565EDH5 3/19/2031 BMW US CAPITAL LLC 3/19/2026 750,000.00 749,340.00 732,525.00 (16,815.00) 4.76% 1,692 0.47% A2 A 14913V2D9 5/15/2031 CATERPILLAR FINL SERVICE 5/15/2026 615,000.00 614,157.45 605,498.25 (8,659.20) 4.57% 1,749 0.39% A1 A 375558CL5 5/20/2031 GILEAD SCIENCES INC 5/20/2026 265,000.00 264,989.40 261,451.65 (3,537.75) 4.66% 1,754 0.17% A3 A- 57636QBL7 6/8/2031 MASTERCARD INC 6/8/2026 1,555,000.00 1,554,828.60 1,536,029.00 (18,799.60) 4.66% 1,773 0.99% Aa3 A+ 637639AT2 6/9/2031 NATIONAL SEC CLEARNING 6/9/2026 725,000.00 724,775.25 717,286.00 (7,489.25) 4.75% 1,774 0.46% Aa1 AA 46124HAK2 6/15/2031 INTUIT INC 6/15/2026 775,000.00 776,891.00 766,382.00 (10,509.00) 5.01% 1,780 0.49% A3 A 67066GAR5 6/15/2031 NVIDA CORP 6/18/2026 1,060,000.00 1,057,986.00 1,035,641.20 (22,344.80) 4.61% 1,780 0.67% Aa1 AA 023135EC6 7/9/2031 AMAZON.COM INC 7/9/2026 1,550,000.00 1,548,031.50 1,533,415.00 (14,616.50) 4.85% 1,804 0.99% A1 AA 00440KAG8 7/10/2031 ACCENTURE CAPITAL INC 7/10/2026 1,850,000.00 1,850,731.05 1,839,566.00 (11,165.05) 5.03% 1,805 1.19% Aa3 AA- Corporate Note 39,440,000.00 39,469,349.75 38,955,735.45 (513,614.30) 25.10% Bank Note 61776NU43 2/8/2030 MORGAN STANLEY PRI BNK 2/2/2026 695,000.00 695,000.00 683,059.90 (11,940.10) 4.29% 1,288 0.44% Aa3 A+ 61778EUR0 5/1/2030 MORGAN STANLEY BANK NA 5/6/2026 250,000.00 250,000.00 248,842.50 (1,157.50) 4.81% 1,370 0.16% Aa3 A+ Bank Note 945,000.00 945,000.00 931,902.40 (13,097.60) 0.60% Asset-Back Security 246921AC4 7/24/2028 DELL EQ FIN TR 2026-1 4/22/2026 300,000.00 299,991.90 299,759.34 (232.56) 4.24% 724 0.19% Aaa NR 73329KAD8 10/20/2028 PORSCHE INNOV LSE OWNER TR 5/21/2025 270,000.00 269,971.08 270,600.13 629.05 4.60% 812 0.17% NR AAA 096912AE0 10/25/2028 BMW VEHICLE LSE TR 25-1 6/10/2025 495,000.00 494,955.00 495,473.07 518.07 4.49% 817 0.32% NR AAA 448972AD1 4/16/2029 HYUNDAI AUTO LSE SEC TR 4/22/2026 625,000.00 624,908.88 621,975.50 (2,933.38) 4.64% 990 0.40% NR AAA 05594HAE3 5/25/2029 BMW VEHICLE LSE TR 25-2 10/15/2025 730,000.00 729,982.04 725,092.94 (4,889.10) 4.06% 1,029 0.47% NR AAA 142935AB1 8/15/2029 CARMAX AUTO OWNER TR 4/29/2026 405,000.00 404,969.54 404,163.55 (805.99) 4.12% 1,111 0.26% NR AAA 73328FAD0 8/20/2029 PORSCHE INNOV LSE OWNER TR 6/12/2026 355,000.00 354,991.05 354,453.83 (537.22) 4.42% 1,116 0.23% NR AAA 50117LAC2 9/17/2029 KUBOTA CREDIT OWNER TR 25-2 6/25/2025 255,000.00 254,999.75 254,461.26 (538.49) 4.43% 1,144 0.16% Aaa NR 437921AD1 10/15/2029 HONDA AUTO REC 25-2 5/8/2025 315,000.00 314,964.81 314,251.75 (713.06) 4.16% 1,172 0.20% Aaa NR 89231HAD8 11/15/2029 TOYOTA AUTO REC 25-B 4/30/2025 615,000.00 614,964.76 614,764.09 (200.67) 4.34% 1,203 0.40% NR AAA 05594BAD8 11/20/2029 BOFA AUTO TR 25-1 5/12/2025 210,000.00 209,985.51 210,017.87 32.36 4.35% 1,208 0.14% Aaa NR 448970AE3 12/17/2029 HYUNDAI AUTO LSE SEC TR 1/21/2026 310,000.00 309,951.21 307,090.77 (2,860.44) 4.04% 1,235 0.20% Aaa NR 44935XAD7 12/17/2029 HYUNDAI AUTO REC TR 25-B 6/11/2025 360,000.00 359,967.49 359,855.68 (111.81) 4.36% 1,235 0.23% NR AAA 65481GAD7 12/17/2029 NISSAN AUTO REC 25-A 5/27/2025 1,060,000.00 1,059,796.48 1,061,112.15 1,315.67 4.48% 1,235 0.68% Aaa NR 90327HAC3 12/17/2029 USAA AUTO OWNER TR 25-A 10/9/2025 350,000.00 349,969.27 348,355.60 (1,613.67) 3.97% 1,235 0.22% Aaa AAA 02008KAC7 3/15/2030 ALLY AUTO REC TR 25-1 10/16/2025 310,000.00 309,955.73 308,783.87 (1,171.86) 3.98% 1,323 0.20% NR AAA 02582JKP4 4/15/2030 AMERICAN EXPRESS CRED AMT 5/13/2025 1,045,000.00 1,044,981.09 1,042,635.69 (2,345.40) 4.28% 1,354 0.67% NR AAA 362549AD9 4/16/2030 GM FIN CONSUM AUTO REC TR 25- 5/14/2025 245,000.00 244,963.94 244,820.66 (143.28) 4.28% 1,355 0.16% Aaa AAA 87268MAA3 4/22/2030 T-MOBILE US TR 25-2 8/6/2025 280,000.00 279,995.04 279,739.12 (255.92) 4.34% 1,361 0.18% Aaa NR 0522RDK1 5/15/2030 BA CREDIT CARD TR 6/12/2025 685,000.00 684,997.40 683,356.27 (1,641.13) 4.32% 1,384 0.44% NR AAA 50118HAC0 5/15/2030 KUBOTA CREDIT OWNER TR 26-1 2/25/2026 310,000.00 309,930.03 304,561.21 (5,368.82) 3.94% 1,384 0.20% Aaa NR 92970QAJ4 5/15/2030 WF CARD ISSUANCE TR 6/10/2025 1,325,000.00 1,324,978.01 1,322,730.28 (2,247.73) 4.35% 1,384 0.85% NR AAA 17305EHA6 6/21/2030 CITIBANK CC ISSUANCE TR 6/26/2025 1,500,000.00 1,499,593.05 1,493,556.75 (6,036.30) 4.32% 1,421 0.96% Aaa AAA 10 T:\Finance\Investments\2026-2027 Investment Reports\01 - July 2026 Investments.xlsx CUSIP Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Market Yield Days to Maturity % of Portfolio Moodys Rating S&P Rating CITY OF TULARE MANAGED ACCOUNTS JULY 31, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 02582JKV1 7/15/2030 AMERICAN EXPRESS CRED AMT 7/22/2025 850,000.00 849,877.52 847,495.73 (2,381.79) 4.31% 1,445 0.55% NR AAA 14043YAD7 7/15/2030 CAPITAL ONE PRIME AUTO 11/5/2025 525,000.00 524,888.81 519,748.27 (5,140.54) 3.89% 1,445 0.33% NR AAA 161571HZ0 7/15/2030 CHASE INSURANCE TR 7/25/2025 1,195,000.00 1,194,975.98 1,187,721.02 (7,254.96) 4.19% 1,445 0.77% NR AAA 05620EAD0 10/15/2030 BOFA AUTO TR 26-1 4/24/2026 405,000.00 404,937.99 401,743.19 (3,194.80) 4.21% 1,537 0.26% Aaa NR 34532WAD7 10/15/2030 FORD CREDIT AUTO OWN TR 3/24/2026 490,000.00 489,906.36 485,446.97 (4,459.39) 4.09% 1,537 0.31% Aaa AAA 87269AAA8 10/21/2030 T-MOBILE US TR 26-1 3/20/2026 1,415,000.00 1,414,699.74 1,404,682.39 (10,017.35) 4.28% 1,543 0.91% Aaa NR 16144MAD6 10/25/2030 CHASE AUTO OWNER TR 25-2 10/29/2025 735,000.00 734,970.89 728,093.72 (6,877.17) 3.90% 1,547 0.47% Aaa NR 43814YAD3 11/15/2030 HONDA AUTO REC 26-2 5/13/2026 1,015,000.00 1,014,970.67 1,009,573.81 (5,396.86) 4.32% 1,568 0.65% Aaa AAA 929868CAE1 11/20/2030 VOLKSWAGEN AUTO LSE TR 3/24/2026 725,000.00 724,937.00 717,891.52 (7,045.48) 4.25% 1,573 0.46% NR AAA 44935KAD5 2/18/2031 HYUNDAI AUTO REC TR 26-B 6/17/2026 740,000.00 739,910.68 739,585.82 (324.86) 4.51% 1,663 0.48% NR AAA Asset-Back Security 20,450,000.00 20,447,838.70 20,363,593.82 (84,244.88) 13.12% TOTAL FIXED INCOME 142,995,915.05 142,954,276.94 141,262,005.71 (1,692,271.23) 91.02% 11 T:\Finance\Investments\2026-2027 Investment Reports\01 - July 2026 Investments.xlsx CUSIP Trade Date Settle Date Short Description Par Value Principal Proceeds Accrued Interest Total Realized G/L Cost Realized G/L Amort Cost Buy 91282CKU4 7/7/2026 7/9/2026 U.S. TREASURY NOTE/BOND 1,100,000.00 (1,116,199.22) (5,421.11) (1,121,620.33) 023135EC6 7/7/2026 7/9/2026 AMAZON.COM INC 1,550,000.00 (1,548,031.50) - (1,548,031.50) 00440KAG8 7/8/2026 7/10/2026 ACCENTURE CAPITAL INC 1,085,000.00 (1,084,858.95) - (1,084,858.95) 00440KAG8 7/9/2026 7/10/2026 ACCENTURE CAPITAL INC 765,000.00 (765,872.10) - (765,872.10) 9128286B1 7/9/2026 7/10/2026 U.S. TREASURY NOTE/BOND 1,350,000.00 (1,298,056.64) (14,194.58) (1,312,251.22) 89788MAZ5 7/20/2026 7/23/2026 TRUIST FINANCIAL CORP 285,000.00 (285,000.00) - (285,000.00) 89788MAZ5 7/21/2026 7/23/2026 TRUIST FINANCIAL CORP 495,000.00 (495,346.50) - (495,346.50) 89788MAZ5 7/22/2026 7/23/2026 TRUIST FINANCIAL CORP 745,000.00 (743,361.00) - (743,361.00) Buy 7,375,000.00 (7,336,725.91) (19,615.69) (7,356,341.60) Maturity 912797UN5 7/7/2026 7/7/2026 US TREASURY BILL 2,300,000.00 2,300,000.00 - 2,300,000.00 1,605.97 - 3130AN4R8 7/29/2026 7/29/2026 FED HOME LOAN BANKS 3,000,000.00 3,000,000.00 - 3,000,000.00 - - Maturity 5,300,000.00 5,300,000.00 - 5,300,000.00 1,605.97 - Paydowns 3137H9QT9 7/1/2026 7/25/2026 FREDDIE MAC MULTIFAM SPTC 4,009.60 4,009.60 - 4,009.60 (9.87) (7.39) 3136BQCS6 7/1/2026 7/25/2026 FREDDIE MAC MULTIFAM SPTC 395.87 395.87 - 395.87 (1.89) (1.71) 3137FVNF5 7/1/2026 7/25/2026 FREDDIE MAC MULTIFAM SPTC 29,786.68 29,786.68 - 29,786.68 1,825.60 1,663.71 3137F8ZU0 7/1/2026 7/25/2026 FREDDIE MAC MULTIFAM SPTC 25,302.17 25,302.17 - 25,302.17 1,647.61 1,543.98 Paydowns 59,494.32 59,494.32 - 59,494.32 3,461.45 3,198.59 Sell 532457DL9 7/7/2026 7/9/2026 ELI LILLY & CO 695,000.00 687,744.20 4,138.63 691,882.83 (6,512.15) (6,532.68) 023135DD5 7/7/2026 7/9/2026 AMAZON.COM INC 780,000.00 764,088.00 10,681.67 774,769.67 (14,664.00) (14,739.96) 02079KBK2 7/8/2026 7/9/2026 ALPHABET INC 245,000.00 239,467.90 4,073.81 243,541.71 (5,416.95) (5,425.29) 91282CKF7 7/8/2026 7/9/2026 U.S. TREASURY NOTE/BOND 200,000.00 198,351.56 2,254.10 200,605.66 (2,546.88) (2,519.29) 66989HAY4 7/8/2026 7/9/2026 NOVARTIS CAPITAL CORP 360,000.00 352,087.20 2,624.00 354,711.20 (6,832.80) (6,967.96) 06405LAH4 7/8/2026 7/9/2026 BANK OF NY MELLON 250,000.00 250,860.00 2,594.38 253,454.38 860.00 860.00 30303MAB8 7/9/2026 7/10/2026 META PLATFORMS INC 765,000.00 748,170.00 4,908.75 753,078.75 (19,423.35) (19,111.63) 17275RBR2 7/9/2026 7/10/2026 CISCO SYSTEMS INC 525,000.00 529,940.25 9,477.71 539,417.96 (8,400.00) (5,743.16) 437076CW0 7/9/2026 7/10/2026 HOME DEPOT INC 800,000.00 809,040.00 9,255.56 818,295.56 (14,040.00) (10,036.81) 89788JAH2 7/20/2026 7/21/2026 TRUIST BANK 285,000.00 281,155.35 2,881.41 284,036.76 (2,861.40) (3,023.55) 89788JAH2 7/21/2026 7/22/2026 TRUIST BANK 100,000.00 98,640.00 1,022.51 99,662.51 (1,015.00) (1,057.71) 89788JAH2 7/21/2026 7/22/2026 TRUIST BANK 395,000.00 389,628.00 4,038.92 393,666.92 (4,009.25) (4,234.89) 89788JAH2 7/22/2026 7/23/2026 TRUIST BANK 745,000.00 733,340.75 7,703.30 741,044.05 (9,089.00) (9,408.99) 58769JBP1 7/30/2026 7/31/2026 MERCEDES-BENZ FIN NA 720,000.00 709,603.20 11,985.00 721,588.20 (10,094.40) (10,132.94) Sell 6,865,000.00 6,792,116.41 77,639.75 6,869,756.16 (104,045.18) (98,074.86) CITY OF TULARE PURCHASES, SALES, PAYDOWNS, AND MATURITY JULY 31, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 12 T:\Finance\Investments\2026-2027 Investment Reports\01 - July 2026 Investments.xlsx CATEGORY July June Change July June Change July June Total July June Change Total Investments 266,691,832 236,703,564 29,988,267 264,925,204 235,518,626 29,406,579 (1,766,627) (1,184,939) (581,689) N/A N/A N/A Unrestricted Investments 249,618,437 220,405,607 29,212,830 247,851,810 219,220,668 28,631,142 (1,766,627) (1,184,939) (581,689) 3.34% 3.08% 0.26% Restricted Investments 17,073,395 16,297,957 775,437 17,073,395 16,297,957 775,437 - - - N/A N/A N/A Loacl Agency Investment Fund (LAIF) 74,845,759 40,345,759 34,500,000 74,685,085 40,300,264 34,384,820 (160,674) (45,495) (115,180) 3.84% 3.82% 0.02% Fixed Income Investments (Total) 142,954,277 145,570,286 (2,616,009) 141,262,006 144,349,488 (3,087,482) (1,692,271) (1,220,798) (471,473) 3.60% 3.52% 0.07% Net LAIF transactions are represented by the change in book value balance shown above. Changes in Restricted Investments are not shown. BOOK VALUE MARKET VALUE VARIANCE AVERAGE STATED YIELD CITY OF TULARE TREASURER'S EXECUTIVE SUMMARY JULY 31, 2026 13 T:\Finance\Investments\2026-2027 Investment Reports\01 - July 2026 Investments.xlsx

BOOK VALUE ISSUER OF CURRENT % OF TYPE OF INVESTMENT INVESTMENT STATED YIELD BOOK VALUE MARKET VALUE THIS MONTH LAST MONTH ANNUAL THIS MONTH U/I~ Petty Cash N/A N/A None 12,900 12,900 N/A N/A N/A N/A 0.01% Checking Account - City Wells Fargo Bank N/A None 88,237 88,237 N/A N/A N/A N/A 0.04% Balance per bank is $ Sweep Account - City Wells Fargo Bank N/A 3.250% 16,541,619 16,586,419 44,800 48,213 537,603 44,800 6.65% Balance per bank is $ Local Agency Investment Fund (LAIF) State of California N/A 3.863% 74,845,759 * 74,685,085 (160,674) (160,674) 2,891,292 240,941 30.11% Per BNY WTC Per BNY WTC Money Market Mutual Fund Various (see page 7) N/A 1.549% 13,679,309 13,727,780 48,471 38,105 212,621 17,718 5.50% Sub-Total N/A 2.953% 105,167,824 105,100,420 (112,204) (122,569) 3,103,913 258,659 42.31% Per BNY WTC Per BNY WTC Fixed Income Investments Various (See page 8-11) N/A 3.653% 143,426,303 141,828,003 (1,598,300) (1,692,271) 5,181,474 431,789 57.69% Investments in Safekeeping With BNY Western Trust Company TOTAL UNRESTRICTED INVESTMENTS N/A 3.355% 248,594,127 246,928,423 (1,710,504) (1,814,840) 8,285,387 690,449 100.00% * LAIF market values are based on the most currently available amortized cost information - July 31, 2026: 0.99785326 ~ U/I = Unrestricted Investments GAIN/(LOSS): EARNINGS: ESTIMATED CITY OF TULARE SUMMARY TREASURER'S REPORT, CONTINUED SUMMARY OF UNRESTRICTED INVESTMENTS AUGUST 31, 2026 INTEREST RATES: UNREALIZED 5 T:\Finance\Investments\2026-2027 Investment Reports\02 - August 2026 Investments.xlsx BALANCES ACQUISITION MATURITY STATED PAR BOOK MARKET AS-OF TYPE OF INVESTMENT DATE DATE INTEREST RATE VALUE VALUE VALUE DATE Bond Funds (All are Managed by U.S. Bank Trust Except LAIF): 2018 Lease Revenue and Refunding Bonds (Account No. 244938000) First American Govt Fd U.S. Bank Trust Various On Demand Various N/A 3,578,740 3,578,740 8-31-2026 Reserve Fund 3,578,740 3,578,740 2015 Sewer Revenue Refunding Bonds (Account No. 261594000) First American Govt Fd U.S. Bank Trust Various On Demand Various N/A 2,318 2,318 8-31-2026 First American Govt Fd U.S. Bank Trust Various N/A 5,199,721 5,199,721 8-31-2026 Reserve Fund 5,202,040 5,202,040 2016 Sewer Revenue Refunding Bonds (Account No. 231687000) U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 2 2 8-31-2026 2 2 2020 Sewer Revenue Refunding Bonds (Account No. 230396000) U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 22,925 22,925 8-31-2026 22,925 22,925 2017 Water Revenue Bonds (Account No. 219189000) U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 1 8-31-2026 1 1 1 2020 Water Revenue Bonds (Account No. 250953000) Cash N/A N/A 0 06-30-21 U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 7,567,315 7,567,315 8-31-2026 7,567,315 7,567,315 2017 Successor Agency Tax Allocation Bonds - Series A & B (Account No. 245346000) U S Bk Mmkt U.S. Bank Trust Various On Demand Various N/A 1 8-31-2026 1 1 1 TOTAL RESTRICTED INVESTMENTS 16,371,023 16,371,023 CITY OF TULARE SUMMARY TREASURER'S REPORT, CONTINUED SUMMARY OF RESTRICTED INVESTMENTS AUGUST 31, 2026 INVESTMENT ISSUER OF 6 T:\Finance\Investments\2026-2027 Investment Reports\02 - August 2026 Investments.xlsx Ticker Pool Description Type Par Value Book Value Market Value Rate % of Portfolio 06406XPS7 BANK NEW YORK MELLON COMMERCIAL PAPER 1,700,000.00 1,650,197.08 1,655,371.79 0.00% 1.06% 06741EP95 BARCLAYS BK PLC COMMERCIAL PAPER 2,600,000.00 2,546,926.78 2,546,926.78 0.00% 1.64% 06743VQ11 BARCLAYS CAP INC COMMERCIAL PAPER 1,600,000.00 1,552,416.89 1,566,661.38 0.00% 1.01% 17291YKP1 CITIGROUP GLOBAL COMMERCIAL PAPER 2,400,000.00 2,353,698.67 2,386,643.86 0.00% 1.53% X9USDDGCM DREYFUS GOVT CASH MGMT FD 289 CASH/MONEY MARKET 427,648.07 427,648.07 427,648.07 3.58% 0.27% X9USDDGCM DREYFUS GOVT CM INST 289 CASH/MONEY MARKET 2,048,421.68 2,048,421.68 2,048,421.68 3.58% 1.32% 78015J2H9 ROYAL BK CDA N Y BRH INSTL CERTIFICATE OF DEPOSIT 1,550,000.00 1,550,000.00 1,548,053.22 4.01% 1.00% 89115M3E4 TORONTO DOMINION BK N Y BRH CERTIFICATE OF DEPOSIT 1,550,000.00 1,550,000.00 1,548,053.22 4.01% 1.00% 13,876,069.75 13,679,309.17 13,727,780.00 8.82% CITY OF TULARE CASH AND SHORT TERM AUGUST 31, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 7 T:\Finance\Investments\2026-2027 Investment Reports\02 - August 2026 Investments.xlsx CUSIP Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Market Yield Days to Maturity % of Portfolio Moodys Rating S&P Rating U.S. Treasury Bond / Note 91282CNM9 7/15/2028 U.S. TREASURY NOTE/BOND 8/20/2026 585,000.00 581,732.23 580,039.20 (1,693.03) 3.91% 684 0.37% Aa1 AA+ 91282CPC9 10/15/2028 U.S. TREASURY NOTE/BOND 8/31/2026 750,000.00 737,080.08 736,875.00 (205.08) 3.56% 776 0.47% Aa1 AA+ 9128286B1 2/15/2029 U.S. TREASURY NOTE/BOND 1/20/2026 2,275,000.00 2,195,017.58 2,182,043.50 (12,974.08) 2.74% 899 1.40% Aa1 AA+ 91282CQA2 2/15/2029 U.S. TREASURY NOTE/BOND 3/5/2026 575,000.00 575,965.82 563,143.50 (12,822.32) 3.57% 899 0.36% Aa1 AA+ 91282CEE7 3/31/2029 U.S. TREASURY NOTE/BOND 4/8/2026 1,285,000.00 1,231,190.63 1,222,112.10 (9,078.53) 2.50% 943 0.79% Aa1 AA+ 91282CLR0 10/31/2029 U.S. TREASURY NOTE/BOND 1/21/2026 1,165,000.00 1,180,108.59 1,154,351.90 (25,756.69) 4.16% 1,157 0.74% Aa1 AA+ 91282CFY2 11/30/2029 U.S. TREASURY NOTE/BOND 1/21/2026 640,000.00 642,450.00 629,177.60 (13,272.40) 3.94% 1,187 0.40% Aa1 AA+ 91282CMG3 1/31/2030 U.S. TREASURY NOTE/BOND 12/9/2025 750,000.00 765,234.37 745,252.50 (19,981.87) 4.28% 1,249 0.48% Aa1 AA+ 91282CMU2 3/31/2030 U.S. TREASURY NOTE/BOND 12/4/2025 1,900,000.00 1,931,468.75 1,871,728.00 (59,740.75) 4.06% 1,308 1.20% Aa1 AA+ 91282CMZ1 4/30/2030 U.S. TREASURY NOTE/BOND 1/7/2026 5,000,000.00 5,043,554.69 4,902,750.00 (140,804.69) 3.95% 1,338 3.15% Aa1 AA+ 91282CNG2 5/31/2030 U.S. TREASURY NOTE/BOND 1/15/2026 450,000.00 455,906.25 442,863.00 (13,043.25) 4.06% 1,369 0.28% Aa1 AA+ 91282CHZ7 9/30/2030 U.S. TREASURY NOTE/BOND 10/30/2025 2,000,000.00 2,089,218.75 2,010,860.00 (78,358.75) 4.60% 1,491 1.29% Aa1 AA+ 91282CJM4 11/30/2030 U.S. TREASURY NOTE/BOND 2/4/2026 2,500,000.00 2,563,476.56 2,489,075.00 (74,401.56) 4.39% 1,552 1.60% Aa1 AA+ 91282CPR6 12/31/2030 U.S. TREASURY NOTE/BOND 2/25/2026 400,000.00 400,531.25 386,484.00 (14,047.25) 3.75% 1,583 0.25% Aa1 AA+ 91282CKC4 2/28/2031 U.S. TREASURY NOTE/BOND 3/26/2026 535,000.00 541,165.04 529,714.20 (11,450.84) 4.29% 1,642 0.34% Aa1 AA+ 91282CKF7 3/31/2031 U.S. TREASURY NOTE/BOND 4/15/2026 400,000.00 402,900.99 393,812.00 (9,088.99) 4.19% 1,673 0.25% Aa1 AA+ 91282CKU4 5/31/2031 U.S. TREASURY NOTE/BOND 7/9/2026 330,000.00 334,859.77 331,574.10 (3,285.67) 4.60% 1,734 0.21% Aa1 AA+ 91282CKW0 6/30/2031 U.S. TREASURY NOTE/BOND 8/6/2026 3,620,000.00 3,594,971.09 3,579,130.20 (15,840.89) 4.30% 1,764 2.30% Aa1 AA+ U.S. Treasury Bond / Note 25,160,000.00 25,266,832.44 24,750,985.80 (515,846.64) 15.91% Federal Agency Commercial Mortgage-Backed Security 3136BQCS6 7/1/2028 FANNIE MAE-ACES 4/7/2026 777,284.20 780,875.67 774,519.40 (6,356.27) 4.52% 670 0.50% Aa1 AA+ 3137FHPJ6 7/1/2028 FREDDIE MAC MULTIFAM SPTC 6/15/2026 1,025,000.00 1,014,029.30 1,011,585.62 (2,443.68) 3.98% 670 0.65% Aa1 AA+ 3137HAMH6 8/1/2028 FREDDIE MAC MULTIFAM SPTC 1/13/2026 1,510,000.00 1,527,344.14 1,508,119.60 (19,224.54) 4.66% 701 0.97% Aa1 AA+ 3137HAQ74 8/1/2028 FREDDIE MAC MULTIFAM SPTC 4/7/2026 1,025,000.00 1,036,851.56 1,024,693.22 (12,158.34) 4.74% 701 0.66% Aa2 AA+ 3137HAMS2 9/1/2028 FREDDIE MAC MULTIFAM SPTC 4/7/2026 1,580,000.00 1,600,675.78 1,582,512.04 (18,163.74) 4.79% 732 1.02% Aa3 AA+ 3137HAST4 9/1/2028 FREDDIE MAC MULTIFAM SPTC 4/7/2026 1,065,000.00 1,080,475.78 1,066,787.18 (13,688.60) 4.84% 732 0.69% Aa3 AA+ 3137HB3D4 10/1/2028 FREDDIE MAC MULTIFAM SPTC 6/30/2026 1,075,000.00 1,087,681.64 1,081,247.47 (6,434.17) 5.04% 762 0.70% Aa3 AA+ 3137FKSH0 11/1/2028 FREDDIE MAC MULTIFAM SPTC 6/15/2026 825,000.00 813,752.93 810,492.46 (3,260.47) 3.93% 793 0.52% Aa3 AA+ 3137HBLV4 12/1/2028 FREDDIE MAC MULTIFAM SPTC 3/6/2026 1,525,000.00 1,550,317.38 1,520,026.67 (30,290.71) 4.59% 823 0.98% Aa1 AA+ 3137H9QT9 1/1/2029 FREDDIE MAC MULTIFAM SPTC 7/22/2025 698,695.76 700,410.90 696,048.89 (4,362.01) 4.58% 854 0.45% Aa1 AA+ 3137HKXJ8 1/1/2030 FREDDIE MAC MULTIFAM SPTC 4/24/2025 525,000.00 524,981.63 519,110.18 (5,871.45) 4.46% 1,219 0.33% Aa1 AA+ 3137HLJA1 2/1/2030 FREDDIE MAC MULTIFAM SPTC 5/29/2025 640,000.00 639,982.08 635,586.50 (4,395.58) 4.54% 1,250 0.41% Aa1 AA+ 3137HLXV9 2/1/2030 FREDDIE MAC MULTIFAM SPTC 6/12/2025 1,485,000.00 1,484,946.54 1,465,384.78 (19,561.76) 4.41% 1,250 0.94% Aa1 AA+ 3137FVNF5 3/1/2030 FREDDIE MAC MULTIFAM SPTC 2/13/2026 1,374,592.36 1,290,344.90 1,283,878.47 (6,466.43) 0.89% 1,278 0.83% Aa1 AA+ 3137HLY48 4/1/2030 FREDDIE MAC MULTIFAM SPTC 6/26/2025 750,000.00 749,998.50 741,087.38 (8,911.12) 4.46% 1,309 0.48% Aa1 AA+ 3137FUZV9 5/1/2030 FREDDIE MAC MULTIFAM SPTC 6/4/2026 1,675,000.00 1,489,637.70 1,483,363.75 (6,273.95) 1.48% 1,339 0.95% Aa1 AA+ 3137HN4R6 5/1/2030 FREDDIE MAC MULTIFAM SPTC 9/30/2025 1,600,000.00 1,617,312.50 1,578,050.56 (39,261.94) 4.42% 1,339 1.01% Aa1 AA+ 3137HN6B9 5/1/2030 FREDDIE MAC MULTIFAM SPTC 9/29/2025 950,000.00 964,220.55 939,277.73 (24,942.82) 4.47% 1,339 0.60% Aa1 AA+ 3137F8ZU0 6/1/2030 FREDDIE MAC MULTIFAM SPTC 3/19/2026 1,214,079.71 1,135,022.27 1,129,976.16 (5,046.11) 1.00% 1,370 0.73% Aa1 AA+ 3137HMC65 6/1/2030 FREDDIE MAC MULTIFAM SPTC 7/17/2025 1,470,000.00 1,469,972.07 1,447,598.67 (22,373.40) 4.40% 1,370 0.93% Aa1 AA+ 3137HMCE8 7/1/2030 FREDDIE MAC MULTIFAM SPTC 7/31/2025 1,505,000.00 1,503,413.73 1,478,948.30 (24,465.43) 4.34% 1,400 0.95% Aa1 AA+ 3137HMCK4 7/1/2030 FREDDIE MAC MULTIFAM SPTC 8/7/2025 1,175,000.00 1,173,318.58 1,155,977.81 (17,340.77) 4.36% 1,400 0.74% Aa1 AA+ 3137HNN46 9/1/2030 FREDDIE MAC MULTIFAM SPTC 10/16/2025 765,000.00 773,410.41 752,271.93 (21,138.48) 4.39% 1,462 0.48% Aa1 AA+ CITY OF TULARE MANAGED ACCOUNTS AUGUST 31, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 8 T:\Finance\Investments\2026-2027 Investment Reports\02 - August 2026 Investments.xlsx CUSIP Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Market Yield Days to Maturity % of Portfolio Moodys Rating S&P Rating CITY OF TULARE MANAGED ACCOUNTS AUGUST 31, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 3137HNWH7 10/1/2030 FREDDIE MAC MULTIFAM SPTC 11/1/2025 1,550,000.00 1,555,558.30 1,513,437.98 (42,120.32) 4.26% 1,492 0.97% Aa1 AA+ 3137HNWV6 11/1/2030 FREDDIE MAC MULTIFAM SPTC 12/5/2025 975,000.00 983,604.37 952,197.48 (31,406.89) 4.26% 1,523 0.61% Aa1 AA+ 3136G5V64 5/1/2031 FANNIE MAE-ACES 5/1/2031 1,125,000.00 1,111,289.06 1,095,795.11 (15,493.95) 4.36% 1,704 0.70% Aa1 AA+ Federal Agency Commercial Mortgage-Backed Securi 29,884,652.03 29,659,428.27 29,247,975.34 (411,452.93) 18.80% Federal Agency Bond/Note 3130ANUX6 9/28/2026 FED HOME LOAN BANKS 9/28/2021 3,000,000.00 3,000,000.00 2,993,820.00 (6,180.00) 1.10% 28 1.92% Aa1 AA+ 3130APJ55 10/26/2026 FED HOME LOAN BANKS 10/26/2021 3,000,000.00 3,000,000.00 2,988,150.00 (11,850.00) 1.25% 56 1.92% Aa1 AA+ 3130APJB2 10/26/2026 FED HOME LOAN BANKS 10/26/2021 3,000,000.00 3,000,000.00 2,987,610.00 (12,390.00) 1.13% 56 1.92% Aa1 AA+ 3130APDQ5 10/28/2026 FED HOME LOAN BANKS 10/28/2021 3,000,000.00 3,000,000.00 2,987,520.00 (12,480.00) 1.26% 58 1.92% Aa1 AA+ 3130APFQ3 10/28/2026 FED HOME LOAN BANKS 10/28/2021 2,000,000.00 2,000,000.00 1,991,220.00 (8,780.00) 1.10% 58 1.28% Aa1 AA+ 3130APFU4 10/28/2026 FED HOME LOAN BANKS 10/28/2021 2,000,000.00 2,000,000.00 1,991,060.00 (8,940.00) 1.05% 58 1.28% Aa1 AA+ 3130APLP8 11/16/2026 FED HOME LOAN BANKS 11/16/2021 2,500,000.00 2,500,000.00 2,486,725.00 (13,275.00) 1.38% 77 1.60% Aa1 AA+ 3130APNK7 11/18/2026 FED HOME LOAN BANKS 11/18/2021 3,000,000.00 3,000,000.00 2,983,380.00 (16,620.00) 1.38% 79 1.92% Aa1 AA+ 3130APPL3 11/23/2026 FED HOME LOAN BANKS 11/23/2021 3,000,000.00 3,000,000.00 2,982,570.00 (17,430.00) 1.46% 84 1.92% Aa1 AA+ 3130APXT7 12/17/2026 FED HOME LOAN BANKS 12/17/2021 2,000,000.00 2,000,000.00 1,986,380.00 (13,620.00) 1.61% 108 1.28% Aa1 AA+ 3130ARA68 3/29/2027 FED HOME LOAN BANKS 9/29/2022 2,000,000.00 2,000,000.00 1,979,960.00 (20,040.00) 2.37% 210 1.27% Aa1 AA+ Federal Agency Bond/Note 28,500,000.00 28,500,000.00 28,358,395.00 (141,605.00) 18.23% Corporate Note 172967PZ8 5/7/2028 CITIGROUP INC 5/7/2025 1,100,000.00 1,100,000.00 1,099,912.00 (88.00) 4.64% 615 0.71% A3 BBB+ 90327QDA4 6/1/2028 USAA CAPITAL CORP 6/2/2025 435,000.00 434,177.85 432,729.30 (1,448.55) 4.40% 640 0.28% Aa1 AA- 40428HR95 6/3/2028 HSBC USA INC 6/3/2025 1,125,000.00 1,124,960.75 1,125,067.50 106.75 4.65% 642 0.72% A2 A- 69353RFZ6 7/21/2028 PNC BANK NA 10/8/2025 750,000.00 754,552.50 749,145.00 (5,407.50) 4.43% 690 0.48% A2 A 38145GAP5 1/21/2029 GOLDMAN SACHS GROUP 1/21/2026 1,165,000.00 1,164,613.00 1,154,584.90 (10,028.10) 4.19% 874 0.74% A2 BBB+ 17275RBR2 2/26/2029 CISCO SYSTEMS INC 11/7/2025 600,000.00 615,246.00 603,108.00 (12,138.00) 4.83% 910 0.39% A1 AA- 002824BR0 3/9/2029 ABBOT LABORATORIES 3/9/2026 1,245,000.00 1,243,418.85 1,216,788.30 (26,630.55) 3.79% 921 0.78% Aa3 A+ 482480AG5 3/15/2029 KLA CLORP 12/19/2025 1,520,000.00 1,524,292.60 1,496,242.40 (28,050.20) 4.17% 927 0.96% A2 A- 637432NS0 3/15/2029 NATIONAL RURAL UTIL COOP 1/9/2026 850,000.00 841,083.50 827,441.00 (13,642.50) 3.80% 927 0.53% A1 A- 79466LAR5 3/15/2029 SALESFORCE INC 3/13/2026 2,320,000.00 2,319,489.60 2,309,629.60 (9,860.00) 4.67% 927 1.48% A2 A+ 90261AAG7 3/16/2029 UBS AG/STAMFORD CT 3/16/2026 465,000.00 465,000.00 462,279.75 (2,720.25) 4.33% 928 0.30% Aa2 A+ 06051GMT3 5/9/2029 BANK OF AMERICA CORP 5/9/2025 1,115,000.00 1,115,000.00 1,112,480.10 (2,519.90) 4.63% 982 0.72% A1 A- 58769JBS5 8/3/2029 MERCEDES-BENZ FIN NA 8/4/2026 770,000.00 768,706.40 767,027.80 (1,678.60) 4.89% 1,068 0.49% A2 A 02079KCN5 8/10/2029 ALPHABET INC 8/10/2026 495,000.00 493,505.10 493,584.30 79.20 4.64% 1,075 0.32% Aa2 AA+ 05565ECR4 8/13/2029 BMW US CAPITAL LLC 6/3/2026 1,150,000.00 1,148,470.50 1,139,558.00 (8,912.50) 4.69% 1,078 0.73% A2 A 452308BD0 8/13/2029 ILLINOIS TOOL WORKS INC 8/13/2026 1,245,000.00 1,241,862.60 1,241,451.75 (410.85) 4.66% 1,078 0.80% A1 A+ 771196CP5 9/9/2029 ROCHE HOLDINGS INC 10/15/2025 1,150,000.00 1,155,635.00 1,136,200.00 (19,435.00) 4.25% 1,105 0.73% Aa2 AA 6174468G7 1/23/2030 MORGAN STANLEY 1/26/2026 765,000.00 768,526.65 755,728.20 (12,798.45) 4.49% 1,241 0.49% A1 A- 95000U4D2 1/23/2030 WELLS FARGO & CO 1/23/2026 260,000.00 260,000.00 255,712.60 (4,287.40) 4.25% 1,241 0.16% A1 A+ 00724PAD1 2/1/2030 ADOBE INC 2/6/2026 870,000.00 812,341.66 799,208.10 (13,133.56) 2.50% 1,250 0.51% A1 A+ 61748UAV4 4/10/2030 MORGAN STANLEY 4/17/2026 980,000.00 980,000.00 968,671.20 (11,328.80) 4.61% 1,318 0.62% A1 A- 24422EYE3 6/5/2030 JOHN DEER CAPITAL CORP 6/5/2025 515,000.00 514,727.05 510,359.85 (4,367.20) 4.59% 1,374 0.33% A1 A 032654BE4 6/15/2030 ANALOG DEVICES INC 6/16/2025 500,000.00 499,560.00 494,105.00 (5,455.00) 4.55% 1,384 0.32% A2 A- 89788MAZ5 7/23/2030 TRUIST FINANCIAL CORP 7/23/2026 1,525,000.00 1,523,707.50 1,520,089.50 (3,618.00) 4.97% 1,422 0.98% Baa1 A- 66989HAY4 11/5/2030 NOVARTIS CAPITAL CORP 11/5/2025 1,000,000.00 997,000.00 971,450.00 (25,550.00) 4.22% 1,527 0.62% Aa3 AA- 9 T:\Finance\Investments\2026-2027 Investment Reports\02 - August 2026 Investments.xlsx CUSIP Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Market Yield Days to Maturity % of Portfolio Moodys Rating S&P Rating CITY OF TULARE MANAGED ACCOUNTS AUGUST 31, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 89158TAA7 1/13/2031 TOTALENERGIES CAP USA LLC 1/13/2026 1,675,000.00 1,678,007.00 1,628,351.25 (49,655.75) 4.37% 1,596 1.05% Aa3 A+ 023135DD5 3/13/2031 AMAZON.COM INC 3/13/2026 775,000.00 773,787.31 751,269.50 (22,517.81) 4.38% 1,655 0.48% A1 AA 05565EDH5 3/19/2031 BMW US CAPITAL LLC 3/19/2026 750,000.00 749,340.00 732,240.00 (17,100.00) 4.76% 1,661 0.47% A2 A 14913V2D9 5/15/2031 CATERPILLAR FINL SERVICE 5/15/2026 615,000.00 614,157.45 604,434.30 (9,723.15) 4.58% 1,718 0.39% A1 A 375558CL5 5/20/2031 GILEAD SCIENCES INC 5/20/2026 265,000.00 264,989.40 260,627.50 (4,361.90) 4.68% 1,723 0.17% A3 A- 57636QBL7 6/8/2031 MASTERCARD INC 6/8/2026 1,555,000.00 1,554,828.60 1,534,194.10 (20,634.50) 4.66% 1,742 0.99% Aa3 A+ 637639AT2 6/9/2031 NATIONAL SEC CLEARNING 6/9/2026 725,000.00 724,775.25 716,945.25 (7,830.00) 4.75% 1,743 0.46% Aa1 AA 46124HAK2 6/15/2031 INTUIT INC 6/15/2026 775,000.00 776,891.00 766,265.75 (10,625.25) 5.01% 1,749 0.49% A3 A 67066GAR5 6/15/2031 NVIDA CORP 6/18/2026 1,850,000.00 1,831,293.30 1,806,858.00 (24,435.30) 4.61% 1,749 1.16% Aa1 AA 023135EC6 7/9/2031 AMAZON.COM INC 7/9/2026 1,550,000.00 1,548,031.50 1,535,259.50 (12,772.00) 4.85% 1,773 0.99% A1 AA 00440KAG8 7/10/2031 ACCENTURE CAPITAL INC 7/10/2026 1,850,000.00 1,850,731.05 1,842,433.50 (8,297.55) 5.02% 1,774 1.18% Aa3 AA- 02079KCQ8 8/15/2031 ALPHABET INC 8/21/2031 1,255,000.00 1,250,388.20 1,246,302.85 (4,085.35) 4.91% 1,810 0.80% Aa2 AA+ 007903BL0 8/17/2031 ADVANCED MICRO DEVICES INC 8/20/2026 625,000.00 623,687.50 619,462.50 (4,225.00) 5.04% 1,812 0.40% A1 A Corporate Note 38,180,000.00 38,106,784.67 37,687,198.15 (419,586.52) 24.23% Bank Note 61776NU43 2/8/2030 MORGAN STANLEY PRI BNK 2/2/2026 695,000.00 695,000.00 683,011.25 (11,988.75) 4.29% 1,257 0.44% Aa3 A+ 61778EUR0 5/1/2030 MORGAN STANLEY BANK NA 5/6/2026 250,000.00 250,000.00 248,702.50 (1,297.50) 4.81% 1,339 0.16% Aa3 A+ Bank Note 945,000.00 945,000.00 931,713.75 (13,286.25) 0.60% Asset-Back Security 246921AC4 7/24/2028 DELL EQ FIN TR 2026-1 4/22/2026 300,000.00 299,991.90 299,502.09 (489.81) 4.25% 693 0.19% Aaa NR 73329KAD8 10/20/2028 PORSCHE INNOV LSE OWNER TR 5/21/2025 270,000.00 269,971.08 270,385.48 414.40 4.60% 781 0.17% NR AAA 096912AE0 10/25/2028 BMW VEHICLE LSE TR 25-1 6/10/2025 495,000.00 494,955.00 494,934.02 (20.98) 4.49% 786 0.32% NR AAA 448972AD1 4/16/2029 HYUNDAI AUTO LSE SEC TR 4/22/2026 625,000.00 624,908.88 621,161.56 (3,747.32) 4.24% 959 0.40% NR AAA 05594HAE3 5/25/2029 BMW VEHICLE LSE TR 25-2 10/15/2025 730,000.00 729,982.04 724,848.68 (5,133.36) 4.06% 998 0.47% NR AAA 142935AB1 8/15/2029 CARMAX AUTO OWNER TR 4/29/2026 405,000.00 404,969.54 404,077.41 (892.13) 4.12% 1,080 0.26% NR AAA 73328FAD0 8/20/2029 PORSCHE INNOV LSE OWNER TR 6/12/2026 355,000.00 354,991.05 354,153.89 (837.16) 4.42% 1,085 0.23% NR AAA 50117LAC2 9/17/2029 KUBOTA CREDIT OWNER TR 25-2 6/25/2025 255,000.00 254,999.75 254,298.09 (701.66) 4.43% 1,113 0.16% Aaa NR 437921AD1 10/15/2029 HONDA AUTO REC 25-2 5/8/2025 315,000.00 314,964.81 314,124.39 (840.42) 4.16% 1,141 0.20% Aaa NR 89231HAD8 11/15/2029 TOYOTA AUTO REC 25-B 4/30/2025 615,000.00 614,964.76 614,291.95 (672.81) 4.35% 1,172 0.39% NR AAA 05594BAD8 11/20/2029 BOFA AUTO TR 25-1 5/12/2025 205,499.85 205,485.67 205,436.72 (48.95) 4.35% 1,177 0.13% Aaa NR 448970AE3 12/17/2029 HYUNDAI AUTO LSE SEC TR 1/21/2026 310,000.00 309,951.21 307,035.47 (2,915.74) 4.05% 1,204 0.20% Aaa NR 44935XAD7 12/17/2029 HYUNDAI AUTO REC TR 25-B 6/11/2025 360,000.00 359,967.49 359,526.64 (440.85) 4.37% 1,204 0.23% NR AAA 65481GAD7 12/17/2029 NISSAN AUTO REC 25-A 5/27/2025 1,060,000.00 1,059,796.48 1,060,587.13 790.65 4.39% 1,204 0.68% Aaa NR 90327HAC3 12/17/2029 USAA AUTO OWNER TR 25-A 10/9/2025 350,000.00 349,969.27 348,465.36 (1,503.91) 3.97% 1,204 0.22% Aaa AAA 02008KAC7 3/15/2030 ALLY AUTO REC TR 25-1 10/16/2025 310,000.00 309,955.73 308,375.76 (1,579.97) 3.98% 1,292 0.20% NR AAA 02582JKP4 4/15/2030 AMERICAN EXPRESS CRED AMT 5/13/2025 1,045,000.00 1,044,981.09 1,041,774.92 (3,206.17) 4.29% 1,323 0.67% NR AAA 362549AD9 4/16/2030 GM FIN CONSUM AUTO REC TR 25- 5/14/2025 245,000.00 244,963.94 244,686.23 (277.71) 4.29% 1,324 0.16% Aaa AAA 87268MAA3 4/22/2030 T-MOBILE US TR 25-2 8/6/2025 280,000.00 279,995.04 279,377.90 (617.14) 4.35% 1,330 0.18% Aaa NR 05522RDK1 5/15/2030 BA CREDIT CARD TR 6/12/2025 685,000.00 684,997.40 682,689.97 (2,307.43) 4.32% 1,353 0.44% NR AAA 50118HAC0 5/15/2030 KUBOTA CREDIT OWNER TR 26-1 2/25/2026 310,000.00 309,930.03 304,502.52 (5,427.51) 3.94% 1,353 0.20% Aaa NR 92970QAJ4 5/15/2030 WF CARD ISSUANCE TR 6/10/2025 1,325,000.00 1,324,978.01 1,321,781.58 (3,196.43) 4.35% 1,353 0.85% NR AAA 17305EHA6 6/21/2030 CITIBANK CC ISSUANCE TR 6/26/2025 1,500,000.00 1,499,593.05 1,493,374.20 (6,218.85) 4.32% 1,390 0.96% Aaa AAA 02582JKV1 7/15/2030 AMERICAN EXPRESS CRED AMT 7/22/2025 850,000.00 849,877.52 846,474.71 (3,402.81) 4.32% 1,414 0.54% NR AAA 10 T:\Finance\Investments\2026-2027 Investment Reports\02 - August 2026 Investments.xlsx CUSIP Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Market Yield Days to Maturity % of Portfolio Moodys Rating S&P Rating CITY OF TULARE MANAGED ACCOUNTS AUGUST 31, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 14043YAD7 7/15/2030 CAPITAL ONE PRIME AUTO 11/5/2025 525,000.00 524,888.81 520,015.70 (4,873.11) 3.89% 1,414 0.33% NR AAA 161571HZ0 7/15/2030 CHASE INSURANCE TR 7/25/2025 1,195,000.00 1,194,975.98 1,186,886.07 (8,089.91) 4.19% 1,414 0.76% NR AAA 05620EAD0 10/15/2030 BOFA AUTO TR 26-1 4/24/2026 405,000.00 404,937.99 401,804.96 (3,133.03) 4.21% 1,506 0.26% Aaa NR 34532WAD7 10/15/2030 FORD CREDIT AUTO OWN TR 3/24/2026 490,000.00 489,906.36 484,618.62 (5,287.74) 4.09% 1,506 0.31% Aaa AAA 87269AAA8 10/21/2030 T-MOBILE US TR 26-1 3/20/2026 1,415,000.00 1,414,699.74 1,404,765.45 (9,934.29) 4.28% 1,512 0.90% Aaa NR 16144MAD6 10/25/2030 CHASE AUTO OWNER TR 25-2 10/29/2025 735,000.00 734,970.89 727,922.32 (7,048.57) 3.90% 1,516 0.47% Aaa NR 43814YAD3 11/15/2030 HONDA AUTO REC 26-2 5/13/2026 1,015,000.00 1,014,970.67 1,008,596.77 (6,373.90) 4.33% 1,537 0.65% Aaa AAA 929868CAE1 11/20/2030 VOLKSWAGEN AUTO LSE TR 3/24/2026 725,000.00 724,937.00 717,887.24 (7,049.76) 4.25% 1,542 0.46% NR AAA 44935KAD5 2/18/2031 HYUNDAI AUTO REC TR 26-B 6/17/2026 740,000.00 739,910.68 738,299.04 (1,611.64) 4.52% 1,632 0.47% NR AAA 87268UAA5 3/20/2031 T-MOBILE US TRUST 26-2 8/12/2026 505,000.00 504,918.95 505,071.91 152.96 4.74% 1,662 0.32% Aaa NR Asset-Back Security 20,950,499.85 20,948,257.81 20,851,734.75 (96,523.06) 13.40% TOTAL FIXED INCOME 143,620,151.88 143,426,303.19 141,828,002.79 (1,598,300.40) 91.18% 11 T:\Finance\Investments\2026-2027 Investment Reports\02 - August 2026 Investments.xlsx CUSIP Trade Date Settle Date Short Description Par Value Principal Proceeds Accrued Interest Total Realized G/L Cost Realized G/L Amort Cost Buy 5769JBS5 7/30/2026 8/4/2026 MERCEDES-BENZ FIN NA 770,000.00 (768,706.40) - (768,706.40) 91282CKW0 8/3/2026 8/6/2026 U.S. TREASURY NOTE/BOND 770,000.00 (764,676.17) (3,290.29) (767,966.46) 91282CKW0 8/3/2026 8/6/2026 U.S. TREASURY NOTE/BOND 2,850,000.00 (2,830,294.92) (12,178.33) (2,842,473.25) 02079KCN5 8/6/2026 8/10/2026 ALPHABET INC 495,000.00 (493,505.10) - (493,505.10) 87268UAA5 8/6/2026 8/14/2026 T-MOBILE US TRUST 26-2 505,000.00 (504,918.95) - (504,918.95) 06741EP95 8/11/2026 8/12/2026 BARCLAYS BK PLC 2,600,000.00 (2,546,926.78) - (2,546,926.78) 452308BD0 8/11/2026 8/13/2026 ILLINOIS TOOL WORKS INC 1,245,000.00 (1,241,862.60) - (1,241,862.60) 67066GAR5 8/11/2026 8/14/2026 NVIDA CORP 790,000.00 (773,307.30) (5,530.00) (778,837.30) 91282CNM9 8/19/2026 8/20/2026 U.S. TREASURY NOTE/BOND 585,000.00 (581,732.23) (2,217.60) (583,949.83) 007903BL0 8/19/2026 8/20/2026 ADVANCED MICRO DEVICES INC 625,000.00 (623,687.50) (260.42) (623,947.92) 02079KC08 8/20/2026 8/21/2026 ALPHABET INC 625,000.00 (622,662.50) (930.99) (623,593.49) 02079KC08 8/20/2026 8/21/2026 ALPHABET INC 630,000.00 (627,725.70) (938.44) (628,664.14) 91282CPC9 8/28/2026 8/31/2026 U.S. TREASURY NOTE/BOND 750,000.00 (737,080.08) (9,897.54) (746,977.62) Buy 13,240,000.00 (13,117,086.23) (35,243.61) (13,152,329.84) Maturity 3130ANM56 8/27/2026 8/27/2026 FED HOME LOAN BANKS 2,500,000.00 2,500,000.00 - 2,500,000.00 - - Maturity 2,500,000.00 2,500,000.00 - 2,500,000.00 - - Paydowns 3137F8ZU0 8/1/2026 8/25/2026 FREDDIE MAC MULTIFAM SPTC 24,246.73 24,246.73 - 24,246.73 1,578.88 1,450.26 3137H9QT9 8/1/2026 8/25/2026 FREDDIE MAC MULTIFAM SPTC 3,182.67 3,182.67 - 3,182.67 (7.83) (5.69) 3136BQCS6 8/1/2026 8/25/2026 FREDDIE MAC MULTIFAM SPTC 327.41 327.41 - 327.41 (1.56) (1.25) 3137FVNF5 8/1/2026 8/25/2026 FREDDIE MAC MULTIFAM SPTC 28,506.23 28,506.23 - 28,506.23 1,747.12 1,558.34 05594BAD8 8/20/2026 8/20/2026 4,500.15 4,500.15 - 4,500.15 0.31 0.22 Paydowns 60,763.19 60,763.19 - 60,763.19 3,316.92 3,001.88 Sell 822905AN5 8/3/2026 8/4/2026 SHELL FINANCE US INC 770,000.00 752,444.00 7,764.17 760,208.17 (15,284.50) (15,594.47) 025816EJ4 8/3/2026 8/4/2026 AMERICAN EXPRESS CO 765,000.00 761,129.10 1,294.42 762,423.52 (7,864.20) (7,085.53) 06406RBT3 8/3/2026 8/4/2026 BANK OF NY MELLON CORP 935,000.00 967,023.75 16,242.59 983,266.34 (20,439.10) (12,566.49) 91282CPR6 8/7/2026 8/10/2026 U.S. TREASURY NOTE/BOND 245,000.00 237,879.69 989.49 238,869.18 (7,445.70) (7,418.19) 637639AK1 8/11/2026 8/12/2026 NATIONAL SECS CLEARING 425,000.00 428,697.50 4,250.00 432,947.50 (2,928.25) (176.22) 756109CF9 8/11/2026 8/12/2026 REALTY INCOME CORP 630,000.00 630,630.00 14,713.13 645,343.13 (6,715.80) (5,730.46) 81762PAF9 8/11/2026 8/12/2026 SERVICENOW INC 190,000.00 189,162.10 1,951.46 191,113.56 (150.10) (230.68) 91282CKU4 8/11/2026 8/12/2026 U.S. TREASURY NOTE/BOND 770,000.00 777,158.59 7,103.04 784,261.63 (4,180.86) (3,986.57) 032654BE4 8/19/2026 8/20/2026 ANALOG DEVICES INC 625,000.00 620,768.75 5,078.13 625,846.88 (3,681.25) (3,801.71) 02079KBJ5 8/19/2026 8/20/2026 ALPHABET INC 225,000.00 220,835.25 115.63 220,950.88 (3,348.00) (3,482.67) CITY OF TULARE PURCHASES, SALES, PAYDOWNS, AND MATURITY AUGUST 31, 2026 SUMMARY TREASURER'S REPORT, CONTINUED 12 T:\Finance\Investments\2026-2027 Investment Reports\02 - August 2026 Investments.xlsx CUSIP Trade Date Settle Date Short Description Par Value Principal Proceeds Accrued Interest Total Realized G/L Cost Realized G/L Amort Cost 637639AK1 8/19/2026 8/20/2026 NATIONAL SECS CLEARING 575,000.00 580,301.50 6,388.89 586,690.39 (3,662.75) 126.07 02079KBK2 8/20/2026 8/21/2026 ALPHABET INC 650,000.00 630,155.50 444.17 630,599.67 (19,539.00) (19,567.64) 02079KBK2 8/20/2026 8/21/2026 ALPHABET INC 650,000.00 630,259.50 444.17 630,703.67 (19,435.00) (19,463.64) Sell 7,455,000.00 7,426,445.23 66,779.29 7,493,224.52 (114,674.51) (98,978.20) 13 T:\Finance\Investments\2026-2027 Investment Reports\02 - August 2026 Investments.xlsx CATEGORY August July Change August July Change August July Total August July Change Total Investments 264,965,149 266,691,832 (1,726,682) 263,299,446 264,925,204 (1,625,759) (1,665,704) (1,766,627) 100,924 N/A N/A N/A Unrestricted Investments 248,594,127 249,618,437 (1,024,310) 246,928,423 247,851,810 (923,387) (1,665,704) (1,766,627) 100,924 3.36% 3.34% 0.02% Restricted Investments 16,371,023 17,073,395 (702,372) 16,371,023 17,073,395 (702,372) - - - N/A N/A N/A Loacl Agency Investment Fund (LAIF) 74,845,759 74,845,759 74,685,085 - 74,685,085 - (160,674) (160,674) - 3.86% 3.84% 0.02% Fixed Income Investments (Total) 143,426,303 142,954,277 472,026 141,828,003 141,262,006 565,997 (1,598,300) (1,692,271) 93,971 3.65% 3.60% 0.06% Net LAIF transactions are represented by the change in book value balance shown above. Changes in Restricted Investments are not shown. BOOK VALUE MARKET VALUE VARIANCE AVERAGE STATED YIELD CITY OF TULARE TREASURER'S EXECUTIVE SUMMARY AUGUST 31, 2026 14 T:\Finance\Investments\2026-2027 Investment Reports\02 - August 2026 Investments.xlsx

Item #: 7.10
Consent
Staff Report
City Council
Date: October 6, 2026
Department: Community Development - Housing
Submitted by: Norveen Brar, Housing and Grants Specialist Agenda Title: Agreement with Self-Help Enterprises for PLHA Program Funds

RECOMMENDED ACTION
Approve a Subrecipient Agreement with Self-Help Enterprises (SHE) in an amount not to exceed $192,900 in Permanent Local Housing Allocation (PLHA) funds to administer an owner-occupied housing rehabilitation program focused on accessibility modifications; and authorize the City Manager, or designee, to execute the agreement and any related documents necessary to implement the program.

ALIGNMENT WITH STRATEGIC PRIORITIES
Housing and Community Development

SUMMARY
The California Legislature established the Permanent Local Housing Allocation (PLHA) Program in 2017 through Senate Bill 2, also known as the Building Homes and Jobs Act, to provide a permanent source of funding for local governments to support housing projects and programs. The PLHA Program is funded through fees collected on certain real estate transactions and deposited into the Building Homes and Jobs Trust Fund. Each year, the California Department of Housing and Community Development (HCD) distributes approximately 70% of these funds to cities and counties. PLHA funds are distributed through two primary methods: formula allocations to local governments based on a formula similar to the federal Community Development Block Grant (CDBG) Program, and a competitive application process for eligible housing activities, including accessibility and minor rehabilitation work.

In March 2026, Self-Help Enterprises (SHE) submitted a proposal in response to RFP No. 26-844. City staff reviewed the proposal for completeness and determined that SHE met the requirements of the solicitation. Staff recommends awarding the City's remaining PLHA funds from the first five-year funding cycle, specifically the 2022 and 2023 allocations totaling $192,900, to SHE for accessibility modifications to eligible lower-income, owner-occupied homes. Housing staff evaluated complete applications, reviewed related long-range plans for federal and state grant resources, and considered other community conditions in developing the PLHA funding recommendation for City Council consideration.

SHE anticipates assisting approximately seven low-income households.

FISCAL IMPACT & FUNDING SOURCES
The Agreement provides for the use of $192,900 in available PLHA funds for payment through fund 310 and program number 707.

ENVIRONMENTAL REVIEW
This action does not constitute a “project” pursuant to the California Environmental Quality Act (CEQA).

POTENTIAL CONFLICT OF INTEREST
Mayor Isherwood is employed by Self-Help Enterprises, the proposed contracting party.

LEGAL REVIEW
A Service Agreement is under review by the City Attorney.

PUBLIC NOTICE
This item does not require a public hearing and was noticed as a part of the agenda.

ALTERNATIVE ACTION

1. Approve with changes

2. Deny

3. Table
If approval is not given, the City must hold a new request for proposal process and identify a comparable scope of work for the eligible expenditure of remaining 2022-2023 PLHA funds.

ATTACHMENTS

1. Draft Service Agreement and Exhibits
Reviewed/Approved: MM
City of Tulare Home Rehabilitation Program

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City of Tulare

SELF-HELP ENTERPRISES
Housing Rehabilitation Program
Policies and Procedures
For:

Community Development Block Grant (CDBG) and
Permanent Local Housing Allocation (PLHA) Funds
Serving the City of Tulare
REVISED 9/15/2026
City of Tulare Home Rehabilitation Program

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City of Tulare

CITY OF TULARE

CDBG AND PLHA HOME REHABILITATION

PROGRAM SERVICES POLICIES AND PROCEDURES

TABLE OF CONTENTS

1.0 GENERAL

1.1. PROGRAM OUTREACH AND MARKETING

1.2. APPLICATION PROCESS AND SELECTION

1.3. GRANT PROCESS

1.4. CONFLICT OF INTEREST REQUIREMENTS

2.0. APPLICANT QUALIFICATIONS

2.1. INCOME LIMITS

2.2. INCOME QUALIFICATION CRITERIA

2.3. HOMEOWNER ELIGIBILITY

3.0. PROPERTY ELIGIBLITY

3.1. CONDITIONS

3.2. ANTI-DISPLACEMENT POLICY AND RELOCATION ASSISTANCE

3.3. NOTIFICATIONS AND DISCLOSURES

4.0. HOUSING REPAIR PROGRAM SERVICES

4.1. PROGRAM ELIGIBILITY AND FUNDING

4.2. AFFORDABILITY PARAMETERS FOR HOMEOWNERS

4.3. RATES AND TERMS

4.4. APPRAISAL

4.5. INSURANCE

4.6. GRANT SECURITY

5.0. CONSTRUCTION

5.1. STANDARDS

5.2. ELIGIBLE CONSTRUCTION COSTS

5.3. ELIGIBLE PROJECT COSTS/ACTIVITY DELIVERY COSTS

5.4. REPAIR CALLBACKS

6.0. EXCEPTIONS AND SPECIAL CIRCUMSTANCES

6.1. AMENDMENTS

6.2. EXCEPTIONS

6.3. PROCEDURES FOR EXCEPTIONAL CIRCUMSTANCES

7.0. DISPUTE RESOLUTION AND APPEALS PROCEDURES

7.1. PROGRAM COMPLAINT AND APPEAL PROCEDURE

7.2. GRIEVANCES BETWEEN PARTICIPANTS AND CONSTRUCTION

CONTRACTOR
City of Tulare Home Rehabilitation Program

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City of Tulare

CITY OF TULARE

CDBG AND PLHA HOME REHABILITATION

PROGRAM POLICIES AND PROCEDURES

TABLE OF CONTENTS - ATTACHMENTS
ATTACHMENT A: 24 CFR PART 5 ANNUAL INCOME AND ASSET INCLUSIONS AND

EXCLUSIONS
ATTACHMENT B: CURRENT INCOME LIMITS
ATTACHMENT C: MARKETING PLAN
ATTACHMENT D: RESIDENTIAL ANTIDISPLACEMENT AND RELOCATION

ASSISTANCE PLAN
ATTACHMENT E: LEAD-BASED PAINT NOTICE OF PRESUMPTION AND HAZARD

REDUCTION FORM
ATTACHMENT F: HOUSING REHABILITATION/RECONSTRUCTION PROGRAM

CONTRACTOR GUIDELINES AND INFORMATION SHEET
ATTACHMENT G: PLHA FORGIVABLE LOAN AGREEMENT
City of Tulare Home Rehabilitation Program

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City of Tulare

CITY OF TULARE

OWNER-OCCUPIED HOUSING REHABILITATION

PROGRAM POLICIES AND PROCEDURES

1.0. GENERAL
The above-named entity, hereinafter referred to as the “Sponsor”, has entered into a contractual relationship with the U.S. Department of Housing and Urban Development (“HUD”) to administer the Community Development Block Grant (CDBG)-funded single-unit residential housing repair and/or rehabilitation program and the California Housing and Community Development Department (HCD) to administer a Permanent Local Housing Allocation (PLHA) funded owner occupied rehabilitation program. The rehabilitation program described herein and hereinafter referred to as the “Program” is designed to provide assistance to eligible homeowners for correction of minor health and safety items, as well as code violations, located within the Program’s eligible areas, as described in Section 3.0. The Program provides this assistance in the form of grants or forgivable loans used to finance the cost of necessary repairs that will provide the homeowner with a healthy, safe, sanitary and code compliant home, referred to herein as “housing unit”. The Program will be administered by Self-Help Enterprises, hereinafter referred to as the “Program Operator”.

1.1. PROGRAM OUTREACH AND MARKETING
All outreach efforts will be done in accordance with state and federal fair lending regulations to assure nondiscriminatory treatment, outreach and access to the Program. No person shall, on the grounds of age, ancestry, color, creed, physical or mental disability or handicap, marital or familial status, medical condition, national origin, race, religion, gender, or sexual orientation, be excluded, denied benefits or subjected to discrimination under the Program. The Program Operator will ensure that all persons, including those qualified individuals with handicaps have access to the Program.

A. The Fair Housing Lender logo and Accessibility logo will be placed on all outreach materials. Fair housing marketing actions will be based upon a characteristic analysis comparison (census data may be used) of the Program’s eligible area compared to the ethnicity of the population served by the Program (includes, separately, all applications given out and those receiving assistance) and an explanation of any underserved segments of the population. This information is used to show that protected classes (age, gender, ethnicity, race, and disability) are not being excluded from the Program. A Fair Housing Marketing Plan can be found as Attachment C. Flyers or other outreach materials, in English and any other language that is the primary language of a significant portion of the area residents, will be widely distributed in the Program-eligible area and will be provided to any local social service agencies. The Program may sponsor homeownership education classes to help educate homeowners about credit, budgeting, predatory lending, foreclosure prevention and home maintenance, as well as future responsibilities.

B. Section 504 of the Rehabilitation Act of 1973 prohibits the exclusion of an otherwise qualified individual, solely by reason of disability, from participation under any Program receiving Federal funds. The Program Operator will take appropriate steps to ensure effective communication with disabled housing applicants, residents, and members of the public.

1.2. APPLICATION PROCESS AND SELECTION
A. Waiting List/Homeowner Contact
The Program Operator will utilize a waiting list. In response to a homeowner’s request, City of Tulare Home Rehabilitation Program

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City of Tulare
the homeowner is placed on the waiting list. Homeowners are offered the opportunity to qualify for assistance by waiting list priority (a first come, first served basis). Assistance will be provided to eligible homeowners on a first come, first served basis. Priority will be given to applicants who have not received prior assistance.

The Program Operator will contact homeowners by mail and/or by telephone to advise them of funding availability. The homeowner has 30 days to complete and return the application and supporting documentation. Should a homeowner fail to respond to the initial contact for assistance or to provide any of the required documentation within the 30-day period, the homeowner’s name will be removed from the waiting list. If the homeowner desires assistance at a later time, he/she will be placed on the waiting list at that time.

Should the waiting list be exhausted, the Program will be marketed in accordance with the Marketing Plan. See Attachment C.

B. Application/Interview
An application packet is provided to the homeowner for completion and submittal to the Program Operator, along with supporting documentation. An interview is scheduled with the applicant. The Program is fully explained; application forms and documentation are reviewed.

Verifications are obtained for income, assets, employment, benefits, and mortgage. Title report is also obtained.

If the Program Operator encounters material discrepancies and/or misrepresentations, and/or there is income, asset, household composition, or other important questions that can't be resolved, the Program Operator reserves the right to deny assistance to the household. In this case, the applicant may re-apply after six months have elapsed from the time of written assistance denial.

C. Household Selection
Households selected for participation in the Home Rehabilitation Program are those determined eligible upon completion of processes described in A. and B. above.

D. Initial Inspection/Work Write-Up/Estimate
Prospective units are inspected by the Program Operator to determine eligibility and acceptability of properties for participation in the Program.

If the home is a pre-1978 unit and the assistance being requested will require disturbance of painted services, the initial inspection will also include paint testing and risk assessment by a certified Lead-Based Paint (LBP) inspector/assessor or presumption of LBP. Code deficiencies will be corrected and if presumption is used or lead hazards are found they will be properly treated according to HUD regulations (Section 6.1.E & F) and cleared by a certified LBP inspector/assessor.

Measurements and observations are noted about the property, including special conditions with potential cost consequences (dilapidated outbuildings, absence of curb and gutter when required by code, etc.). A floor plan and site plan, as needed, are drawn for the home and property, including all appurtenances.

City of Tulare Home Rehabilitation Program

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City of Tulare
Findings are noted on an inspection form, and later used by the Program Operator to prepare the work write-up. Estimated costs are determined by the Program Operator, who has years of experience in the building industry, and in reviewing contractor bids and verifying cost with materials suppliers. The homeowner reviews the completed work write-up and cost estimate, and the approved write-up is incorporated into bid documents.

E. Bid Solicitation
A bid walk-through date and time are scheduled. The homeowner may choose to solicit their own bids or request that the Program Operator solicit bids on their behalf. In an effort to obtain three reasonable bids, invitations to bid are sent to eligible contractors located in the Sponsor’s County and selected by the homeowner from the Active Contractor List provided by the Program Operator. Homeowners are required to select a minimum of three (3) contractors from the Active Contractor List and may add to the list as long as the contractor meets the requirements outlined in the Housing Rehabilitation/Reconstruction Program Contractor Guidelines and Information Sheet (see Attachment F). Contractors will be notified via telephone and/or in writing (email, fax, etc.) at least one week prior to each bid tour. Bid results will be provided to participating contractors.

Contractors must be licensed and bonded by the State of California Contractors Licensing Board. Contractors must also provide Program Operator with evidence of Workers’ Compensation Insurance and Comprehensive General Liability and Property Damage Insurance with Combined Single Limits of at least $1,000,000.

Recruitment for eligible contractors is done on an ongoing basis, via local advertising, website notification, and program marketing. It is the goal of the Program Operator to maintain an Active Contractor List of eligible, interested contractors located in the Sponsor’s County. Applications are available for those seeking to participate by calling the Program Operator or visiting the Program Operator’s website. The Program Operator will send notices to contractors on the Active Contractor List annually, which will request each contractor contact the Program Operator to confirm his or her interest in remaining on the Active Contractor List. Contractors who do not respond will be moved to the Inactive Contractor List.

Cost reasonableness is determined by comparing the bids received with the cost estimate prepared by the Program Operator. Bids should be within 10% of the Program Operator’s cost estimate, otherwise an explanation must be provided to the file for any bid selected exceeding 10% of the estimate. The homeowner is encouraged to accept the lowest reasonable bid.

The Program Operator determines eligibility of the contractor by contacting the State Contractors License Board and checking the Federal List of Debarred Contractors. The contractor is also required to provide a self-certification stating that he/she is not on the Federal debarred list. Once determined eligible, the contractor is then notified of provisional award of bid (pending approval). Notices of non-award are mailed to participating contractors.

F. Pre-Construction Conference
A pre-construction conference is scheduled with homeowner, contractor, and Program Operator. The Program Operator reviews the Owner-Contractor Construction Contract, City of Tulare Home Rehabilitation Program

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including the work write-up, anticipated start date, pay schedule, and anticipated date of completion, with the homeowner and contractor.

G. Financing Request/Approval
A report and financing request are prepared on behalf of the homeowner by the Program Operator. The financing request, in the form of a grant or forgivable loan, includes the cost of construction, a contingency fund, and other project costs (listed in Section 6.3.).

A Financing Review Committee meeting is scheduled to hear the financing request.

Section 1.3. provides additional information on the grant or loan approval process. Once approved, grant or loan documents are executed, and the grant or loan is funded.

H. Start-Up/Field Inspections
Following grant approval, the construction contract and Notice to Proceed are executed.

The Program Operator monitors date of start-up and performs field inspections on a regular basis. The Program Operator will visit the job site regularly in order to check the scope of work, inspect materials, and to confirm the job is on schedule and within budget.

The Program Operator works with the Sponsor’s Building Inspector to ensure the work meets building codes, while not exceeding funding limits.

The Program Operator reviews the work status with the homeowner and with the contractor in order to remedy any developing problems quickly and to ensure that both are satisfied with the construction process. At the completion of each phase, the Program Operator inspects the work, and the homeowner authorizes contractor payments.

The Program Operator will refer to original plans and specifications to verify the work was completed as contracted.

I. Change Orders
Written change orders are required for unforeseen repairs, when the homeowner requests any changes in the write-up, such as eliminating an item completely and/or eliminating one item and substituting another. The change order will state the change and dollar value for the change. The change order must be signed by both the contractor and the homeowner and submitted to the Program Operator for signature approval. If the change order exceeds the approved financing, the homeowner will be asked to provide additional funds or a report and request for additional funds may be presented to the Sponsor’s Grant Review Committee for approval prior to Program Operator signing-off on the change order. Use of change orders will be minimized to avoid the appearance that contractor is low bidding and then increasing contract amount by adding other repairs.

J. Progress Payments
Ninety percent (90%) of the contract amount is distributed to the contractor in the form of progress payments during construction. The final ten percent (10%) of the contract amount is set aside as a retention payment. The contractor requests a progress payment from the homeowner and notifies the Program Operator that he/she has done so. Upon favorable inspection by the homeowner, Program Operator, and Sponsor or Sponsor’s Building Inspector, the payment authorization is signed by the homeowner and submitted for payment.

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K. Final Inspections/Notice of Completion/Final Payment When the project is completed, the Program Operator inspects the work item by item with the homeowner, the contractor, and/or the Sponsor. The Sponsor’s Building Inspector performs a final inspection. Any corrections or deficiencies are noted and corrected by the contractor. Upon favorable final inspections, a Notice of Completion is prepared, signed by the homeowner, and then recorded. The final ten percent (10%) retention payment is released 35 days after the recording of the Notice of Completion.

1.3. GRANT – LOAN PROCESS
In order to obtain financing, applicants must meet all property and eligibility guidelines in effect at the time the application is considered. Homeowners will be provided written notification of approval or denial. Any reason for denial will be provided to the applicant in writing

1.4. CONFLICT OF INTEREST REQUIREMENTS
Since the Program is funded with Federal CDBG and PLHA funds, the Conflict-of-Interest requirements of 24 CFR Section 570.489 (h) shall be followed.

2.0. APPLICANT QUALIFICATIONS

2.1. INCOME LIMITS
All homeowners must certify that they meet the household income eligibility requirements for the Home Rehabilitation Program and have their household income documented. The income limits in place at the time of grant approval will apply when determining applicant income eligibility. All applicants must have incomes at or below 80% of the County’s area median income (AMI), adjusted for household size, as published by HUD each year. See Attachment B.

The link to the official HUD-maintained income limits for CDBG activities is:
https://www.huduser.gov/portal/datasets/cdbg-incomelimits.html The link to the official HCD-maintain income limits for PLHA activities is:
https://www.hcd.ca.gov/funding/income-limits/state-federal-income-limits/state Household: means one or more persons who will occupy a housing unit, and may include unborn children.

Annual Income: Generally, the gross amount of income of all adult household members that is anticipated to be received during the coming 12-month period.

2.2. INCOME QUALIFICATION CRITERIA
Projected annual gross income of the applicant household will be used to determine whether they are above or below the published HUD and HCD income limits. Income qualification criteria will be followed to independently determine and certify the household’s annual gross income. Income will be verified by reviewing and documenting tax returns, copies of wage receipts, subsidy checks, bank statements and third-party verification of employment forms sent to employers. All documentation shall be dated within six months prior to grant closing, kept in the applicant file and held in strict confidence.

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A. HOUSEHOLD INCOME DEFINITION:

Household income is the annual gross income of all adult household members that is projected to be received during the coming 12-month period and will be used to determine Program eligibility. Refer to Income Inclusions and Exclusions for further guidance to the types of incomes to be included or excluded when calculating gross annual income.

For those types of income counted, gross amounts (before any deductions have been taken) are used. Two types of income that are not considered would be income of minors or income of live-in aides. Certain other household members living apart from the household also require special consideration. The household’s projected income must be used, rather than past earnings, when calculating income.

Housing and/or debt ratios are not considered as the funding provided creates no additional monthly financial obligation.

The link to Annual Income Inclusions and Exclusions is:
https://www.hudexchange.info/resource/5180/part-5-section8-income-inclusions-and-exclusions/ Attachment A: 24 CFR Part 5 Annual Income and Asset Inclusions and Exclusions B. ASSETS:

There is no asset limitation for participation in the Program. Income from assets is however, recognized as part of annual income under the Part 5 definition. An asset is a cash or non-cash item that can be converted to cash. The value of necessary items such as furniture and automobiles are not included. (Note: it is the income earned – e.g., interest on a savings account – not the asset value, which is counted in annual income.) An asset’s cash value is the market value less reasonable expenses required to convert the asset to cash, including penalties or fees for converting financial holdings and costs for selling real property. For CDBG, the cash value (rather than the market value) of an item is counted as an asset.

For CDBG, the Link to Asset Inclusions and Exclusions is:
https://www.hudexchange.info/resource/5180/part-5-section8-income-inclusions-and-exclusions/ See Attachment A: Part 5 Annual Income and Asset Inclusions and Exclusions

2.3. HOMEOWNER ELIGIBILITY
The Home Rehabilitation Program allows for owner-occupied properties to participate under four defined activities based on income eligibility, property location and need. Owneroccupied units must be the owner’s principal place of residence. A photocopy of a recent utility bill will verify proof of occupancy. No unit to participate in any housing repair program will receive financial assistance if it is currently occupied by an over-income household or does not meet the eligibility standards outlined in these policies. Neither homeowner’s insurance nor flood insurance shall be required for participation in the Program.

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3.0. PROPERTY ELIGIBILITY

3.1. CONDITIONS
A. No unit will be eligible if a household’s income exceeds the prescribed income limits listed in Attachment B.

B. Units to be repaired must be located within the incorporated areas of the Sponsor’s jurisdiction. Some services may also require the property to be located in specific target areas defined in 4.1 Program Eligibility and Funding.

C. Property must contain a legal residential structure intended for continued residential occupancy.

D. All repair work will meet Local Building Code standards. At a minimum, health and safety hazards must be eliminated. Priority will be the elimination of health and safety hazards and the elimination of code deficiencies.

3.2. ANTI-DISPLACEMENT POLICY AND RELOCATION ASSISTANCE Owner-occupants are not eligible for temporary relocation benefits unless certain conditions are determined to exist by the Sponsor/Program Operator (See Attachment D). In cases where relocation is determined to be necessary by the Sponsor/Program Operator, assistance may be provided for actual costs incurred from the Sponsor’s available CDBG and/or PLHA funds, as a grant.

3.3. NOTIFICATION AND DISCLOSURES
A. Occupants of units constructed prior to 1978 will receive proper notification of LeadBased Paint (LBP) hazards as follows:

The Lead Hazard Information Pamphlet published by the EPA/HUD/Consumer Product Safety Commission (Protect Your Family from Lead in Your Home and Renovate Right) will be given to all owners regardless of the cost of rehabilitation or paint test findings. If lead-based paint is found through testing or if presumed, a Notice of Lead Hazard Evaluation or Presumption will also be supplied. When Lead hazards are present, a Notice of Lead Hazard Reduction Activity and a Lead Hazard Evaluation Report will also be provided. https://www.hud.gov/sites/dfiles/OCHCO/documents/65092C24ATT3.pdf Appendix N-3: NSP (or similar program) Lead Based-Paint Policy and HUD Lead Safe Housing Rule
Chapter 18: Lead Hazard Control and Historic Preservation, Guidelines for the Evaluation and Control of Lead-Based Paint in Public Housing

4.0. HOUSING REPAIR PROGRAM SERVICES
Housing rehabilitation through CDBG Program provides funding to homeowners in need of repairs to multiple household systems that threaten a household’s health, general well-being, City of Tulare Home Rehabilitation Program

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or safety and/or require the household to live without basic plumbing, electrical, heating, cooling or security. Services are available as follows to those that meet location and income eligibility requirements.
• Roof Repair/Replacement: Ensuring structural integrity and weatherproofing. • Plumbing and Electrical Repairs: Fixing leaks, faulty wiring, etc., to ensure safety and functionality.
• HVAC Repair/Replacement: Ensuring adequate heating and cooling systems. • Structural Repairs: Fixing foundations, walls, floors, etc., to maintain the integrity of the home.
• Weatherization: Insulation, weather-stripping, etc., to improve energy efficiency. • Emergency Home Repairs - provides funding to homeowners for repair or replacement of a major household component that would require the homeowner to live without basic plumbing, electrical, heating, cooling, or security.

Housing rehabilitation through PLHA Program provides funding to homeowners in need of repairs or replacement of household systems and other property features that address accessibility modifications, including, but not limited to, the type of work listed below. • Accessibility Modifications: Installing ramps, handrails, or widening doorways for disabled accessibility.

4.1. PROGRAM ELIGIBILITY AND FUNDING
CDBG grants up to $24,000 may be provided for interior and exterior repairs that affect the household’s health and safety and well-being. Repairs include but are not limited to housing code violations, electrical, plumbing, heating, cooling, roofing, windows, flooring, accessibility and use interim controls or standard treatments to address lead-based paint hazards identified in risk assessments and stabilize paint disturbed during rehabilitation.

Homes in a designated flood zones are not eligible.

PLHA forgivable loans, period of three (3) years for loan servicing to confirm principal occupancy, may be provided for home repairs and/or improvements that help households address accessibility and other related health and safety concerns. Repairs include but are not limited to, installing ramps, handrails, and adjustments to bathroom and kitchen features.

4.2. AFFORDABILITY PARAMETERS FOR HOUSING REHABILITATION A. Any bid within 10% of the Program Operator’s estimate may be selected, otherwise an explanation must be provided to the file for a bid selected exceeding 10% of the estimate.

4.3. RATES AND TERMS FOR HOUSING REHABILITATION
A. Homeowners are eligible for 100% grant funding secured by an unrecorded grant, with no payback required.

4.4. APPRAISAL

4.5. INSURANCE (FIRE & FLOOD)
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Tulare City CouncilOctober 6, 2026

Tulare City Council
October 6, 2026