Yorba Linda City Council
September 15, 2026

CITY COUNCIL/SUCCESSOR AGENCY TO THE YORBA LINDA REDEVELOPMENT AGENCY,

YORBA LINDA HOUSING AUTHORITY AND YORBA LINDA MUNICIPAL FINANCING AUTHORITY

JOINT MEETING
AGENDA

Tuesday, September 15, 2026, 6:30 p.m.

Council Chambers
4845 Casa Loma Avenue
Teleconference:

Kimpton George Hotel
15 E Street NW, Washington, DC 20001
This meeting is being broadcast live for airing on cable channel 3, channel 99 AT&T U-Verse and the city's website. By remaining in the room, you are giving your permission to be televised.

Remote Public Comments
Community members who wish to address the City Council telephonically during a public meeting may electronically submit a “Remote Public Comment Request” by visiting the City's website.

Submitting this form prior to the meeting will allow the City Clerk to properly identify who would like to speak under Public Comments or during a specific item on the Agenda. To join Zoom meeting online using a personal computer or smart device:
https://yorbalinda.zoom.us/j/83326298627
or telephone: 1-669-900-6833
Webinar ID: 833 2629 8627
Please note, the City is not responsible for the public’s use of Zoom as it relates to the software, configuration, and settings on a personal device. The public is encouraged to visit the Zoom website for information on successful use of this software.

Pages

CALL TO ORDER
The City Council/Successor Agency to the Yorba Linda Redevelopment Agency will convene at 5:30 p.m. in the Council Chambers at 4845 Casa Loma Avenue and by teleconference at Kimpton George Hotel, 15 E Street NW, Washington, DC 20001.

ROLL CALL

ANNOUNCEMENT OF CLOSED SESSION ITEMS

CITY COUNCIL/SUCCESSOR AGENCY TO THE YORBA LINDA

REDEVELOPMENT AGENCY
A. CONFERENCE WITH LEGAL COUNSEL – ANTICIPATED LITIGATION,

SIGNIFICANT EXPOSURE TO LITIGATION
Government Code Section 54956.9(d)(2) (2 Cases)
B. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Government Code Section 54956.9(d)(1) (1 case)
Name of Case: Yorba Canyon, LLC v. City of Yorba Linda
Case Number: 30-2025-01497724-CU-WM-CXC, Superior Court, County of Orange
C. CONFERENCE WITH REAL PROPERTY NEGOTIATOR
Government Code Section 54956.8
Property: APNs: 352-112-03, 352-112-04, 352-113-01, 352-113-02, 352-117-01, 02, 03
City Negotiators: City Manager Grant
Property Negotiators: Parties To Be Determined
Under Negotiation: Price and Terms of Payment
D. CONFERENCE WITH LABOR NEGOTIATORS
Government Code Section 54957.6
Agency Designated Representatives: City Manager Grant
Employee Organizations: Yorba Linda Chapter of the Orange County Employees Association; Yorba Linda Mid-Management Association

PUBLIC COMMENT ON CLOSED SESSION ITEMS

CONVENE INTO CLOSED SESSION
RECESS

CALL TO ORDER
The City Council/Successor Agency to the Yorba Linda Redevelopment Agency, Yorba Linda Housing Authority and Yorba Linda Municipal Financing Authority will reconvene at 6:30 p.m. in the Council Chambers at 4845 Casa Loma Avenue, Yorba Linda and by teleconference at Kimpton George Hotel, 15 E Street NW, Washington, DC 20001.

ROLL CALL

PLEDGE OF ALLEGIANCE

INVOCATION

PASTOR BRIAN LONG, LIGHTHOUSE CHURCH

CLOSED SESSION REPORT

INTRODUCTIONS & PRESENTATIONS

PROCLAMATION RECOGNIZING SEPTEMBER AS SERVICE CLUB MONTH

RECOGNITION OF JUNIOR UNITED SOCCER ASSOCIATION (JUSA)

PROCLAMATION RECOGNIZING SEPTEMBER AS HUNGER ACTION MONTH

INTRODUCTION OF NEW STAFF MEMBER, MIKE GARCIA, DEPUTY CITY

MANAGER

INTRODUCTION OF NEW STAFF MEMBER, RAFAEL CADENA,

MANAGEMENT ANALYST

LAW ENFORCEMENT SERVICES UPDATE BY CHIEF OF POLICE SERVICES

CAPTAIN DE ANNE WIGGINTON
PUBLIC COMMENTS – ITEMS ON THE CONSENT CALENDAR OR ITEMS NOT

ON THE REMAINDER OF THE AGENDA
There is a five (5) minute maximum time limit for each individual addressing the legislative body during Public Comments and on all other items listed on the Agenda.

Whenever a group of persons wishes to address the City Council on the same subject matter, it shall be proper for the presiding officer to request that a spokesman be chosen by the group so as to avoid unnecessary repetitions before the City Council.

CONSENT CALENDAR
All matters listed under "CONSENT CALENDAR" are considered by the City Council/ Successor Agency to the Yorba Linda Redevelopment Agency, Yorba Linda Housing Authority and Yorba Linda Municipal Financing Authority to be routine and will be enacted by one motion approving the recommendation listed on the Agenda. There will be no separate discussion unless Members of the Council/Successor Agency, Yorba Linda Housing Authority and Yorba Linda Municipal Financing Authority or Staff request specific items to be removed from the Consent Calendar.

Recommendation:

Approve the Consent Calendar.

1. WAIVE READING IN FULL OF ALL ORDINANCES AND RESOLUTIONS ON

THE AGENDA
Recommendation:

Waive reading in full of all ordinances and resolutions on the agenda and declare that said titles which appear on the public agenda shall be determined to have been read by title and further reading waived.

2. RECEIVE AND FILE ACCOUNTS PAYABLE CHECK REGISTER –
SEPTEMBER 15, 2026
6 Recommendation:

Receive and file the accounts payable check register and wire transfer report dated September 15, 2026, in the amount of $22,968,167.25.

3. APPROVE THE MINUTES OF THE AUGUST 18, 2026 CITY COUNCIL /

SUCCESSOR AGENCY TO THE YORBA LINDA REDEVELOPMENT AGENCY

MEETING
166
Recommendation:

Approve the minutes of the August 18, 2026 City Council/Successor Agency to the Yorba Linda Redevelopment Agency joint meeting.

4. RECEIVE AND FILE THE TREASURER’S REPORT - JUNE 2026 175 Recommendation:

Receive and file the attached monthly Treasurer’s Report.

5. ADOPT RESOLUTION NO. 2026-6006 AMENDING THE CONFLICT OF

INTEREST CODE
209
Recommendation:

Adopt Resolution No. 2026-6006 amending the Conflict of Interest Code.

6. APPROVE THE STORMWATER MAINTENANCE AGREEMENT WITH

FRIENDSHIP BAPTIST CHURCH
218
Recommendation:

Approve the Stormwater Maintenance Agreement Water Quality Management Plan and Stormwater Best Management Practice Maintenance and Right-of-Way Agreement with Friendship Baptist Church for properties located at APNs 322- 173-04 and 322-173-07

7. APPROVE RESOLUTION NO. 2026-6007 FINDING THAT CITY-OWNED

PROPERTY IS EXEMPT SURPLUS LAND
228
Recommendation:

Approve Resolution No. 2026-6007, finding that City-owned property APN's 322- 41-201, 323-15-102, 323-16-105, 323-16-107, and 323-16-109 is exempt surplus land.

8. APPROVE A SIDE LETTER WITH THE YORBA LINDA CHAPTER OF THE

ORANGE COUNTY EMPLOYEES' ASSOCIATION REGARDING HOLIDAY

HOURS ASSIGNED TO PERMANENT PART-TIME EMPLOYEES
394

Recommendation:

Approve a side letter with the Yorba Linda Chapter of the Orange County City Employees’ Association regarding holiday hours assigned to permanent part-time employees.

9. RECEIVE AND FILE REPORTS OF PLANNING COMMISSION ACTIONS

FROM THEIR LAST MEETING
398
Recommendation:

Receive and file this report.

10. CITY COUNCIL COMMITTEE AND AGENCY REPORTS 401
Recommendation:

Receive and file this report.

CITY MANAGER’S REPORT/MAYOR’S REPORT/MATTERS PRESENTED BY

COUNCILMEMBERS/ OTHER AGENCY REPORTS

CLOSED SESSION IF REQUIRED

ADJOURNMENT
The next regularly scheduled City Council/Successor Agency to the Yorba Linda Redevelopment Agency joint meeting is October 6, 2026.

NOTE: ALL STAFF REPORTS AND RELATED ATTACHMENTS FOR ITEMS ON THIS AGENDA ARE ON FILE IN THE CITY CLERK’S OFFICE. AS AN ADDITIONAL SERVICE, THE CITY NOW PROVIDES THE STAFF REPORTS AND RELATED ATTACHMENTS ON THE CITY’S WEBSITE. PLEASE NOTE THAT IT IS NOT ALWAYS POSSIBLE TO EMBED ALL ATTACHMENTS AND MAPS. THUS, IF YOU REQUIRE A FULL AND COMPLETE COPY OF THE AGENDA PACKET, YOU SHOULD NOT RELY UPON THE WEBSITE MATERIALS ALONE.

IN COMPLIANCE WITH THE AMERICAN DISABILITIES ACT (ADA), THE CITY WILL MAKE EVERY REASONABLE ATTEMPT TO ACCOMMODATE ANY ATTENDEE OR PARTICIPANT AT THIS MEETING NEEDING SPECIAL ASSISTANCE BEYOND WHAT IS NORMALLY PROVIDED. PLEASE CONTACT THE CITY CLERK’S OFFICE AT (714) 961-7150 AT LEAST 48 HOURS PRIOR TO THIS MEETING TO INFORM US OF YOUR PARTICULAR NEEDS AND TO DETERMINE IF ACCOMMODATION IS FEASIBLE. PLEASE ADVISE US AT THE TIME YOU CALL IF SPECIAL ASSISTANCE IS REQUIRED TO ATTEND OR PARTICIPATE IN MEETINGS ON A REGULAR BASIS.

FINANCE DEPARTMENT
DATE: SEPTEMBER 15, 2026
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: DONNA MULLALLY, FINANCE DIRECTOR / CITY TREASURER PREPARED BY: ALEXANDRA KARAPETIAN, ACCOUNTANT
SUBJECT: ACCOUNTS PAYABLE CHECK REGISTER – SEPTEMBER 15, 2026

RECOMMENDATION
Receive and file the accounts payable check register and wire transfer report dated September 15, 2026, in the amount of $22,968,167.25.

SUMMARY
The Municipal Code states that the accounts payable check register shall be presented to the City Council at the next regularly scheduled meeting following the printing and mailing of checks.

BACKGROUND
This check register includes both City and Successor Agency weekly check runs for the weeks since the last City Council meeting. Additionally, a report of any wires sent by the City is included as an attachment to this report on an as-needed basis.

FISCAL IMPACT
There is no direct fiscal impact associated with this report. Sufficient funds are available in the approved budget to cover all listed checks and wires.

1 CITY COUNCIL/SUCCESSOR AGENCY TO THE YORBA LINDA REDEVELOPMENT

AGENCY, YORBA LINDA HOUSING AUTHORITY AND YORBA LINDA MUNICIPAL

FINANCING AUTHORITY JOINT MEETING

MINUTES
August 18, 2026, 6:30 p.m.

Council Chambers
4845 Casa Loma Avenue
Councilmembers

Present:

Campbell, Huang, Lim, Singh, Rodriguez
Staff Present: Brown, Farnsworth, Grant, Kudron, Lai, Lixey, Litfin, Mullally, Wigginton
_____________________________________________________________________

CALL TO ORDER
The City Council/Successor Agency to the Yorba Linda Redevelopment Agency convened at 5:31 p.m. in the Council Chambers at 4845 Casa Loma Avenue.

ROLL CALL
Councilwoman Tara Campbell arrived at 5:45 p.m.

ANNOUNCEMENT OF CLOSED SESSION ITEMS

CITY COUNCIL/SUCCESSOR AGENCY TO THE YORBA LINDA REDEVELOPMENT AGENCY
A. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Government Code Section 54956.9(d)(1) (1 case)

2 Name of Case: Yorba Canyon, LLC v. City of Yorba Linda Case Number: 30-2025-01497724-CU-WM-CXC, Superior Court, County of Orange B. CONFERENCE WITH REAL PROPERTY NEGOTIATOR
Government Code Section 54956.8
Property: APNs: 352-112-03, 352-112-04, 352-113-01, 352-113-02, 352-117-01, 02, 03 City Negotiators: City Manager Grant
Property Negotiators: Parties To Be Determined
Under Negotiation: Price and Terms of Payment
C. CONFERENCE WITH LABOR NEGOTIATORS
Government Code Section 54957.6
Agency Designated Representatives: City Manager Grant
Employee Organizations: Yorba Linda Chapter of the Orange County Employees Association; Yorba Linda Mid-Management Association

PUBLIC COMMENT ON CLOSED SESSION ITEMS
None.

CONVENE INTO CLOSED SESSION
The City Council convened into Closed Session at 5:32 p.m.

RECESS

3 CALL TO ORDER
The City Council/Successor Agency to the Yorba Linda Redevelopment Agency, Yorba Linda Housing Authority and Yorba Linda Municipal Financing Authority reconvened at 6:31 p.m. in the Council Chambers at 4845 Casa Loma Avenue, Yorba Linda.

ROLL CALL

PLEDGE OF ALLEGIANCE
Girl Scout Troop 4012

INVOCATION
Deacon Denis Zaun, St. Martin De Porres Catholic Church

CLOSED SESSION REPORT
City Attorney Todd Litfin said there was no reportable action on the items discussed in Closed Session.

INTRODUCTIONS & PRESENTATIONS

RECOGNITION OF AMBER WHIPPLE, EL DORADO HIGH SCHOOL TRACK & FIELD Mayor Carlos Rodriguez recognized Amber Whipple for her outstanding 2026 track and field season at El Dorado High School. Amber went undefeated in Crestview League meets, placed second at the Mt. SAC Invitational, and was the CIF Division 2 runner-up in High Jump. She also placed third at the CIF Masters Meet and CIF State Finals, recording a 5’6” jump at both competitions. Mayor Rodriguez noted that Amber was named El Dorado High School Jumper of the Year and Track Athlete of the Year. He also recognized her commitment to compete as a student-athlete at Mt. San Antonio College this year, and congratulated her and her coach who spoke briefly of her accomplishments.

Council presented Amber with a certificate of recognition. Certificates were presented from the offices of Congresswoman Young Kim, Senators Steven Choi and Kelly Seyarto, Assemblyman Phillip Chen, and Pat Buttress, representative for Orange County Supervisor Don Wagner, who was in attendance.

RECOGNITION OF NAOMI CHENG, VOLUNTEER SERVICE
Mayor Rodriguez recognized Yorba Linda High School student Naomi Cheng for her outstanding civic leadership, compassion, integrity, and commitment to public service. He highlighted her work with Global Hope 365, including coordinating volunteers, supporting the launch of a podcast, and researching international human trafficking laws and local prevention efforts. Mayor Rodriguez also recognized Naomi’s academic achievements, leadership roles, community and church service, and participation in pre-college

4 programs at Columbia University and Duke University focused on international human rights, law, advocacy, and conflict resolution.

Global Hope 365 Founder and President Rima Nashashibi commended Naomi’s contributions to the organization and its mission to end child marriage, human trafficking, and gender-based violence. Council presented Naomi with a certificate of recognition, along with certificates from the offices of Congresswoman Kim, Senators Choi and Seyarto, Assemblyman Chen, and Ms. Buttress from the office of Supervisor Wagner.

PUBLIC COMMENTS – ITEMS ON THE CONSENT CALENDAR OR ITEMS NOT ON

THE REMAINDER OF THE AGENDA
Tom Castanzo, resident, expressed concerns regarding the LMAD Proposition 218 vote on the east side. He stated that issues in the area often go unaddressed and questioned the accuracy of staff’s explanation that votes are weighted based on property size. He also expressed concern that a 100% increase in the assessment is excessive given the ongoing maintenance issues on the east side and said he believes residents were misled.

Pet Nelson, resident, noted that the west side also has issues that sometimes go unaddressed. Regarding Consent Calendar Item No. 8, she stated that the proposed demolition is long overdue but expressed concerns about the project’s ingress and egress and turning lane. She noted traffic concerns at the intersection and recommended traffic modifications before the project is constructed.

CONSENT CALENDAR
Councilwoman Campbell motioned for approval of the Consent Calendar with the inclusion of the revised minutes.

Moved by Campbell
Seconded by Lim
Approve the Consent Calendar.

AYES (5): Campbell, Huang, Lim, Singh, and Rodriguez
CARRIED (5 to 0)

1. WAIVE READING IN FULL OF ALL ORDINANCES AND RESOLUTIONS ON THE AGENDA
Waive reading in full of all ordinances and resolutions on the agenda and declare that said titles which appear on the public agenda shall be determined to have been read by title and further reading waived.

5 2. ACCOUNTS PAYABLE CHECK REGISTER – AUGUST 18, 2026
Receive and file the accounts payable check register and wire transfer report dated August 18, 2026, in the amount of $9,170,092.67.

3. APPROVE THE MINUTES OF THE JULY 21, 2026 CITY COUNCIL / SUCCESSOR

AGENCY TO THE YORBA LINDA REDEVELOPMENT AGENCY MEETING
Approve the minutes of the July 21, 2026 City Council/Successor Agency to the Yorba Linda Redevelopment Agency joint meeting.

4. RECEIVE AND FILE THE TREASURER’S REPORT – MAY 2026
Receive and file the attached monthly Treasurer’s Report.

5. APPROVE AN AGREEMENT WITH NCE FOR PAVEMENT DESIGN SERVICES Approve an agreement with NCE for design services for the FY 2026-27 Annual Pavement Preservation Project for $205,595 and a 15% contingency of $30,840.

6. SECOND READING AND ADOPTION OF ORDINANCE 2026-1131 AMENDING SECTION 2.32.060 OF CHAPTER 2.32 OF TITLE 2
Adopt Ordinance No. 2026-1131 amending section 2.32.060 of Chapter 2.32 of Title 2 of the YLMC to align emergency review periods with California Government Code Section 8630 and correct a grammatical error.

7. SECOND READING AND ADOPTION OF ORDINANCE 2026-1132 AMENDING THE ZONING CODE PURSUANT TO THE IMPLEMENTATION PROGRAMS OF THE 2021- 2029 HOUSING ELEMENT
Adopt Ordinance No. 2026-1132 amending the Zoning Code pursuant to the implementation programs of the 2021-2029 Housing Element, and finding that Zoning Code Amendment 2026-02 is not subject to a vote of the electorate.

8. APPROVE DEMOLITION PERMIT FOR 17091 IMPERIAL HIGHWAY Approve the demolition permit for 17091 Imperial Highway.

9. APPROVE THE RESPONSE TO THE 2025-26 ORANGE COUNTY GRAND JURY REPORT, "WILDFIRES HIT HOME"
Approve the City's response to the 2025-26 Orange County Grand Jury Report, "Wildfires Hit Home."

10. APPROVE THE RESPONSE TO THE 2025-26 ORANGE COUNTY GRAND JURY REPORT, “CALIFORNIA HOUSING MANDATES: THE UNINTENDED RESHAPING OF ORANGE COUNTY NEIGHBORHOODS”

6 Approve the response to the 2025-26 Orange County Grand Jury Report, “California Housing Mandates: The Unintended Reshaping of Orange County Neighborhoods.”

11. RECEIVE AND FILE REPORTS OF PLANNING COMMISSION ACTIONS FROM

THEIR LAST MEETING
Receive and file this report.

12. CITY COUNCIL COMMITTEE AND AGENCY REPORTS
Receive and file this report.

CITY MANAGER’S REPORT/MAYOR’S REPORT/MATTERS PRESENTED BY

COUNCILMEMBERS/ OTHER AGENCY REPORTS
Councilwoman Campbell thanked OCSD for a wonderful National Night Out. She thanked OCFA for helping her install a carseat in her car and said this is a great resource for residents.

Mayor Pro Tem Peggy Huang encouraged residents to participate in upcoming e-bike safety meetings and practice safe riding now that school is back in session. She shared about her recent visit to the East Coast, where she experienced the nation’s history and 250th anniversary celebrations, and reflected on the sacrifices that secured America’s freedom. She encouraged residents to visit Independence Hall as the nation celebrates its 250th anniversary.

Mayor Rodriguez wished everyone a great upcoming school year, and announced the upcoming free Ready Your Ride: E-Bike Safety Training, which is scheduled for Saturday, August 29, from 9:00 to 11:00 a.m. at City Hall. The hands-on training, led by OCSD deputies, will cover California e-bike laws, local regulations, and safe riding techniques, including obstacle course practice. Mayor Rodriguez also announced the annual Chalk Art Festival, scheduled for Saturday, August 29, from 5:00 to 8:00 p.m. at the Cultural Arts Center which will feature chalk artists creating sidewalk masterpieces and food trucks.

He thanked Parks & Recreation staff for the great Movies and Concerts in the Park.

Additionally, Mayor Rodriguez reminded residents that nominations for the 2026 Citizen of the Year are due Tuesday, September 1, and encouraged community members to recognize outstanding local residents for their service and contributions to the community.

ADMINISTRATIVE REPORTS

13. RECEIVE THE 2026-29 STRATEGIC PLAN OBJECTIVES
City Manager Grant presented the 2026–2029 Strategic Plan Objectives, noting that the goals were adopted June 16 following extensive Council and staff workshops. He explained that the Executive Leadership Team will develop objectives to advance the goals on a six-month cycle, with progress reports provided every two months; the next

7 report is scheduled for October 20. He noted implementation is expected to require approximately 10% of staff time and recommended the Council receive and file the objectives.

Resident Richard de Bruijn expressed concerns regarding employee pensions and the City budget.

Council thanked staff for their work on the Strategic Plan. Councilwoman Campbell highlighted the Financial Stability objective to conduct a workshop on strategies to address pension and retiree health liabilities. She also emphasized Economic Vitality and Infrastructure Investment, including the importance of advancing Savi Ranch opportunities, and recognized Public Works efforts to address rising street maintenance costs and assess storm drains. She further highlighted the electronic plan submittal system under Quality of Life.

Councilman Shivinder Singh highlighted the Community Engagement objective to improve communication with residents through the Notify Me tool. Mayor Rodriguez expressed support for the Plan’s measurable objectives and accountability timelines, highlighting the upcoming Small Business University and the importance of completing the Savi Ranch widening right-of-way acquisition to improve traffic flow, along with other Plan objectives.

Moved by Campbell
Seconded by Singh
Receive the 2026-29 Strategic Plan objectives.

AYES (5): Campbell, Huang, Lim, Singh, and Rodriguez
CARRIED (5 to 0)

ADJOURNMENT
Mayor Rodriguez adjourned the meeting at 7:33 p.m. to the next regularly scheduled City Council/Successor Agency to the Yorba Linda Redevelopment Agency joint meeting on September 15, 2026.
_________________________
City Clerk

SEPTEMBER 15, 2026 CITY COUNCIL MEETING
CONSENT CALENDAR ITEM NO. 3: APPROVE THE MINUTES OF THE AUGUST 18, 2026 CITY COUNCIL / SUCCESSOR AGENCY TO THE YORBA LINDA

REDEVELOPMENT AGENCY MEETING
REVISION TO PAGE 4 IN RED-LINE

4 programs at Columbia University and Duke University focused on international human rights, law, advocacy, and conflict resolution.

Global Hope 365 Founder and President Rima Nashashibi commended Naomi’s contributions to the organization and its mission to end child marriage, human trafficking, and gender-based violence. Council presented Naomi with a certificate of recognition, along with certificates from the offices of Congresswoman Kim, Senators Choi and Seyarto, Assemblyman Chen, and Ms. Buttress from the office of Supervisor Wagner.

PUBLIC COMMENTS – ITEMS ON THE CONSENT CALENDAR OR ITEMS NOT ON

THE REMAINDER OF THE AGENDA
Tom Castanzo, resident, expressed concerns regarding the LMAD Proposition 218 vote on the east side. He stated that issues in the area often go unaddressed and questioned the accuracy of staff’s explanation that votes are weighted based on property size. He also expressed concern that a 100% increase in the assessment is excessive given the ongoing maintenance issues on the east side and said he believes residents were misled.

Paet Nelson, resident, noted that the west side also has issues that sometimes go unaddressed. Regarding Consent Calendar Item No. 8, she stated that the proposed demolition is long overdue but expressed concerns about the project’s ingress and egress and turning lane. She noted traffic concerns at the intersection and recommended traffic modifications before the project is constructed.

CONSENT CALENDAR
Councilwoman Campbell motioned for approval of the Consent Calendar with the inclusion of the revised minutes.

Moved by Campbell
Seconded by Lim
Approve the Consent Calendar.

AYES (5): Campbell, Huang, Lim, Singh, and Rodriguez
CARRIED (5 to 0)

1. WAIVE READING IN FULL OF ALL ORDINANCES AND RESOLUTIONS ON THE AGENDA
Waive reading in full of all ordinances and resolutions on the agenda and declare that said titles which appear on the public agenda shall be determined to have been read by title and further reading waived.

FINANCE DEPARTMENT
DATE: SEPTEMBER 15, 2026
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: DONNA MULLALLY, FINANCE DIRECTOR
PREPARED BY: SOPHIA LEUNG, FINANCIAL SERVICES MANAGER
SUBJECT: RECEIVE AND FILE THE TREASURER’S REPORT – JUNE 2026

RECOMMENDATION
Receive and file the attached monthly Treasurer’s Report.

SUMMARY
Sound investment practices are essential to the City’s fiscal management. The Finance Department is responsible for managing the City’s investment portfolio, focusing first on the safety of investments and then on liquidity and an appropriate rate of return. State law requires the City Treasurer to submit a monthly report to the City Council reflecting the receipts, disbursements, and fund balances for each City fund. The attached report reflects the summarized inflow and outflow of cash for June 2026.

FISCAL IMPACT
There is no direct fiscal impact associated with this report. Investment earnings are distributed to the City’s various funds in proportion to the amount of cash attributable to each Fund.

ATTACHMENTS

1. Treasurer’s Report – June 2026

CITY OF YORBA LINDA

ACCOUNT STATEMENT
For the Month Ending
June 30, 2026
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
Contents
Cover/Disclosures
Summary Statement
Individual Accounts

CITY OF YORBA LINDA
MS. SOPHIA LEUNG
4845 CASE LOMA AVENUE
YORBA LINDA, CA 92885
Client Management Team
Accounts included in Statement
97480000 CITY OF YORBA LINDA
Online Access https://www.pfmam.com Customer Service 1-717-232-2723 Robert Montoya
Institutional Sales & Relationship Manager
633 W 5th Street, Suite/Floor 2560
Los Angeles, CA 90071
262-725-1090
[email protected]
Giancarlo Morales-Belletti
Portfolio Manager
213 Market Street
Harrisburg, PA 17101-2141
(717)-232-2723
[email protected]
Rachael Miller
Client Consultant
213 Market Street
Harrisburg, PA 17101-2141
717-232-2723
[email protected]

For the Month Ending June 30, 2026
Account Statement
Important Disclosures
Important Disclosures
365 and dividing the result by 7. The yields quoted should not be considered a representation of the yield of the fund in the future, since the yield is not fixed.

Average maturity represents the average maturity of all securities and investments of a portfolio, determined by multiplying the par or principal value of each security or investment by its maturity (days or years), summing the products, and dividing the sum by the total principal value of the portfolio. The stated maturity date of mortgage backed or callable securities are used in this statement. However the actual maturity of these securities could vary depending on the level or prepayments on the underlying mortgages or whether a callable security has or is still able to be called.

Monthly distribution yield represents the net change in the value of one share (normally $1.00 per share) resulting from all dividends declared during the month by a fund expressed as a percentage of the value of one share at the beginning of the month. This resulting net change is then annualized by multiplying it by 365 and dividing it by the number of calendar days in the month.

YTM at Cost The yield to maturity at cost is the expected rate of return, based on the original cost, the annual interest receipts, maturity value and the time period from purchase date to maturity, stated as a percentage, on an annualized basis.

YTM at Market The yield to maturity at market is the rate of return, based on the current market value, the annual interest receipts, maturity value and the time period remaining until maturity, stated as a percentage, on an annualized basis.

Managed Account A portfolio of investments managed discretely by PFMAM according to the client’s specific investment policy and requirements. The investments are directly owned by the client and held by the client’s custodian.

Unsettled Trade A trade which has been executed however the final consummation of the security transaction and payment has not yet taken place.

Please review the detail pages of this statement carefully. If you think your statement is wrong, missing account information, or if you need more information about a transaction, please contact PFMAM within 60 days of receipt. If you have other concerns or questions regarding your account, or to request an updated copy of PFMAM's current disclosure statement, please contact a member of your client management team at PFMAM Service Operations at the address below.

PFM Asset Management
Attn: Service Operations
213 Market Street
Harrisburg, PA 17101

NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE
This statement is for general information purposes only and is not intended to provide specific advice or recommendations. PFM Asset Management ("PFMAM") is a division of U.S. Bancorp Asset Management, Inc. ("USBAM"), a SEC-registered investment adviser. USBAM is direct subsidiary of U.S. Bank National Association ("U.S. Bank") and an indirect subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. PFMAM maintains a written disclosure statement of our background and business experience. If you would like to receive a copy of our current disclosure statement, please contact Service Operations at the address below.

Proxy Voting PFMAM does not normally receive proxies to vote on behalf of its clients.

However, it does on occasion receive consent requests. In the event a consent request is received the portfolio manager contacts the client and then proceeds according to their instructions. PFMAM’s Proxy Voting Policy is available upon request by contacting Service Operations at the address below.

Questions About an Account PFMAM’s monthly statement is intended to detail our investment advisory activity as well as the activity of any accounts held by clients in pools that are managed by PFMAM. The custodian bank maintains the control of assets and executes (i.e., settles) all investment transactions. The custodian statement is the official record of security and cash holdings and transactions. PFMAM recognizes that clients may use these reports to facilitate record keeping and that the custodian bank statement and the PFMAM statement should be reconciled and differences resolved.

Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference.

Account Control PFMAM does not have the authority to withdraw funds from or deposit funds to the custodian outside the scope of services provided by PFMAM. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls and generating ledger entries or otherwise recording transactions.

Market Value Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by ICE Data Services. There may be differences in the values shown for investments due to accrued but uncollected income and the use of differing valuation sources and methods. Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local government investment program is contained in the appropriate fund offering documentation or information statement.

Amortized Cost The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short term securities (those with less than one year to maturity at time of issuance) is amortized on a straightline basis. Such discount or premium with respect to longer term securities is amortized using the constant yield basis.

Tax Reporting Cost data and realized gains / losses are provided for informational purposes only. Please review for accuracy and consult your tax advisor to determine the tax consequences of your security transactions. PFMAM does not report such information to the IRS or other taxing authorities and is not responsible for the accuracy of such information that may be required to be reported to federal, state or other taxing authorities.

Financial Situation In order to better serve you, PFMAM should be promptly notified of any material change in your investment objective or financial situation.

Callable Securities Securities subject to redemption prior to maturity may be redeemed in whole or in part before maturity, which could affect the yield represented.

Portfolio The securities in this portfolio, including shares of mutual funds, are not guaranteed or otherwise protected by PFMAM, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency. Investment in securities involves risks, including the possible loss of the amount invested. Actual settlement values, accrued interest, and amortized cost amounts may vary for securities subject to an adjustable interest rate or subject to principal paydowns. Any changes to the values shown may be reflected within the next monthly statement’s beginning values.

Rating Information provided for ratings is based upon a good faith inquiry of selected sources, but its accuracy and completeness cannot be guaranteed.

Shares of some local government investment programs and TERM funds are distributed by representatives of USBAM's affiliate, U.S. Bancorp Investments, Inc. which is registered with the SEC as a broker/dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Municipal Securities Rulemaking Board (“MSRB”). You may reach the FINRA by calling the FINRA Hotline at 1-800-289-9999 or at the FINRA website address
https://www.finra.org/investors/investor-contacts. A brochure describing the FINRA Regulation Public Disclosure Program is also available from FINRA upon request.

Key Terms and Definitions
Dividends on local government investment program funds consist of interest earned, plus any discount ratably amortized to the date of maturity, plus all realized gains and losses on the sale of securities prior to maturity, less ratable amortization of any premium and all accrued expenses to the fund. Dividends are accrued daily and may be paid either monthly or quarterly. The monthly earnings on this statement represent the estimated dividend accrued for the month for any program that distributes earnings on a quarterly basis. There is no guarantee that the estimated amount will be paid on the actual distribution date.

Current Yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by

Managed Account Summary Statement For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Total Cash Basis Earnings
Plus Net Realized Gains/Losses
Less Purchased Interest Related to Interest/Coupons
Interest/Dividends/Coupons Received
Earnings Reconciliation (Cash Basis) - Managed Account
Less Beginning Accrued Interest
Less Beginning Amortized Value of Securities
Less Cost of New Purchases
Plus Coupons/Dividends Received
Plus Proceeds of Maturities/Calls/Principal Payments
Plus Proceeds from Sales
Ending Accrued Interest
Ending Amortized Value of Securities
Earnings Reconciliation (Accrual Basis)
$53,404,373.98
(20,424.08)
(2,372,012.14)
2,718,932.08

0.00 (128,937.48)
$53,601,932.36
133,120.97
(4,957.76)
28,348.72
$156,511.93
Total
53,922,401.39
420,365.35
2,392,363.13
20,424.08
111,199.15
(2,723,889.84)
(53,576,906.99)
(380,654.93)
Total Accrual Basis Earnings $185,301.34
Closing Market Value
Change in Current Value
Unsettled Trades
Principal Acquisitions
Principal Dispositions
Maturities/Calls
Opening Market Value
Transaction Summary - Managed Account
_________________
_________________
_______________________________________________ _______________________________________________ Reconciling Transactions Net Cash Contribution
Security Purchases
Principal Payments
Coupon/Interest/Dividend Income
Sale Proceeds
Maturities/Calls
Cash Transactions Summary - Managed Account

0.00 2,518,187.71
111,199.15
20,424.08
(2,723,889.84)
(435.11)

0.00 Cash Balance
Closing Cash Balance $49,465.23
PFM Asset Management, a division of Account 97480000 Page 1 U.S. Bancorp Asset Management, Inc.

Portfolio Summary and Statistics For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Account Summary
Description Par Value Market Value Percent
U.S. Treasury Bond / Note 28,225,000.00 27,811,163.71 51.88 U.S. Treasury Bill 90,000.00 89,946.54 0.17
Supra-National Agency Bond / Note 235,000.00 235,357.44 0.44 Municipal Bond / Note 520,000.00 518,787.20 0.97
Federal Agency Commercial
Mortgage-Backed Security
10,998,911.47 10,833,074.94 20.21
Corporate Note 12,905,000.00 12,808,702.17 23.90
Bank Note 1,315,000.00 1,304,900.36 2.43
Managed Account Sub-Total 54,288,911.47 53,601,932.36 100.00% Accrued Interest 420,365.35
Total Portfolio 54,288,911.47 54,022,297.71
Unsettled Trades 0.00 0.00
Sector Allocation

2.43%
Bank Note

23.90%
Corporate Note

20.21%
Federal Agency
Commercial
Mortgage-Backed
Security

0.97%
Muni Bond / Note

0.44%
Supra-National
Agency Bond / Note

0.17%
US TSY Bill

51.88%
US TSY Bond / Note
0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years

0.64%

1.90%

26.08%

27.58%

22.44%

21.36%

0.00%
Maturity Distribution Characteristics
Yield to Maturity at Cost
Yield to Maturity at Market
Weighted Average Days to Maturity 1039

4.12%

4.32%
PFM Asset Management, a division of Account 97480000 Page 2 U.S. Bancorp Asset Management, Inc.

Managed Account Issuer Summary For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Credit Quality (S&P Ratings)

6.27%
A

9.03%
A+

4.55%
A0.17%
A-1+

1.66%
AA

73.97%
AA+

3.41%
AA0.44%
AAA

0.50%
NR
Issuer Summary
Issuer of Holdings Percent
Market Value
Abbott Laboratories 421,765.07 0.79
Adobe Inc 438,473.45 0.82
Alphabet Inc 864,759.43 1.61
Amazon.com Inc 526,790.43 0.98
American Express Co 422,658.71 0.79
Analog Devices Inc 384,061.76 0.72
AstraZeneca PLC 146,478.86 0.27
Bank of America Corp 374,032.00 0.70
Bank of New York Mellon Corp 678,879.99 1.27
BlackRock Inc 175,902.76 0.33
California State University 110,203.72 0.21
Caterpillar Inc 213,982.84 0.40
Cisco Systems Inc 252,654.75 0.47
Citigroup Inc 253,084.75 0.47
Deere & Co 175,220.50 0.33
Eli Lilly & Co 317,734.24 0.59
Federal Home Loan Mortgage Corp 9,578,844.49 17.86
Federal National Mortgage Association 1,254,230.45 2.33 Home Depot Inc 373,661.90 0.70
HSBC Holdings PLC 401,153.60 0.75
International Finance Corp 235,357.44 0.44
JPMorgan Chase & Co 417,418.05 0.78
Kenvue Inc 277,646.60 0.52
KLA Corp 391,315.44 0.73
Lockheed Martin Corp 250,030.50 0.47
Los Angeles Unified School District/CA 270,047.88 0.50
Mastercard Inc 534,177.71 1.00
Meta Platforms Inc 260,842.94 0.49
Morgan Stanley 815,362.39 1.52
National Rural Utilities Cooperative Fi 105,656.57 0.20 Novartis AG 709,916.82 1.32
NVIDIA Corp 363,707.90 0.68
PFM Asset Management, a division of Account 97480000 Page 3 U.S. Bancorp Asset Management, Inc.

Managed Account Issuer Summary For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Issuer of Holdings Percent
Market Value
PNC Financial Services Group Inc 208,275.06 0.39
Salesforce Inc 804,583.01 1.50
ServiceNow Inc 313,946.01 0.59
Shell PLC 260,211.45 0.49
State of Hawaii 138,535.60 0.26
TotalEnergies SE 570,227.00 1.06
Toyota Motor Corp 385,538.01 0.72
Truist Financial Corp 523,803.78 0.98
UBS Group AG 499,648.25 0.93
United States Treasury 27,901,110.25 52.04
Total $53,601,932.36 100.00%
PFM Asset Management, a division of Account 97480000 Page 4 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B
DTD 06/01/2020 0.500% 05/31/2027
912828ZS2 450,000.00 AA+ Aa1 04/01/24 04/04/24 397,582.03 4.50 190.57 434,802.43 435,549.60

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2027
91282CEW7 350,000.00 AA+ Aa1 08/03/22 08/03/22 355,455.08 2.91 30.91 351,108.06 347,063.15

US TREASURY N/B
DTD 08/01/2022 2.750% 07/31/2027
91282CFB2 500,000.00 AA+ Aa1 08/03/22 08/03/22 496,464.84 2.90 5,735.50 499,234.02 492,676.00

US TREASURY N/B
DTD 08/31/2020 0.500% 08/31/2027
91282CAH4 430,000.00 AA+ Aa1 07/01/24 07/02/24 378,920.70 4.58 718.61 410,332.00 412,329.58

US TREASURY N/B
DTD 08/31/2020 0.500% 08/31/2027
91282CAH4 480,000.00 AA+ Aa1 09/25/24 09/26/24 440,418.75 3.49 802.17 463,770.73 460,274.88

US TREASURY N/B
DTD 08/31/2020 0.500% 08/31/2027
91282CAH4 1,200,000.00 AA+ Aa1 08/01/24 08/02/24 1,078,078.13 4.04 2,005.43 1,152,094.62 1,150,687.20

US TREASURY N/B
DTD 09/30/2025 3.500% 09/30/2027
91282CPB1 285,000.00 AA+ Aa1 10/28/25 10/29/25 284,988.87 3.50 2,507.38 284,992.76 282,762.18

US TREASURY N/B
DTD 09/30/2020 0.375% 09/30/2027
91282CAL5 600,000.00 AA+ Aa1 10/28/24 10/29/24 539,507.81 4.07 565.57 573,282.41 572,742.00

US TREASURY N/B
DTD 10/31/2022 4.125% 10/31/2027
91282CFU0 100,000.00 AA+ Aa1 12/05/22 12/07/22 101,308.59 3.83 694.97 100,356.22 99,941.40

US TREASURY N/B
DTD 10/31/2022 4.125% 10/31/2027
91282CFU0 500,000.00 AA+ Aa1 01/03/23 01/06/23 503,222.66 3.98 3,474.86 500,892.23 499,707.00

US TREASURY N/B
DTD 11/15/2017 2.250% 11/15/2027
9128283F5 410,000.00 AA+ Aa1 12/03/24 12/05/24 388,843.36 4.13 1,178.19 399,829.19 399,605.68

US TREASURY N/B
DTD 11/30/2022 3.875% 11/30/2027
91282CFZ9 420,000.00 AA+ Aa1 12/05/22 12/07/22 421,525.78 3.79 1,378.48 420,433.66 418,343.10

US TREASURY N/B
DTD 01/31/2023 3.500% 01/31/2028
91282CGH8 450,000.00 AA+ Aa1 01/31/23 02/02/23 447,169.92 3.64 6,569.75 449,101.64 445,359.60

US TREASURY N/B
DTD 02/15/2018 2.750% 02/15/2028
9128283W8 1,800,000.00 AA+ Aa1 08/29/24 09/03/24 1,742,203.13 3.75 18,596.69 1,771,865.47 1,760,203.80 PFM Asset Management, a division of Account 97480000 Page 5 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2028
91282CGT2 750,000.00 AA+ Aa1 05/02/23 05/03/23 754,335.94 3.50 6,834.02 751,544.41 743,144.25

US TREASURY N/B
DTD 05/01/2023 3.500% 04/30/2028
91282CHA2 385,000.00 AA+ Aa1 05/01/23 05/03/23 383,105.08 3.61 2,270.24 384,304.99 380,473.17

US TREASURY N/B
DTD 05/15/2018 2.875% 05/15/2028
9128284N7 175,000.00 AA+ Aa1 05/18/23 05/24/23 168,615.23 3.68 642.58 172,597.81 170,959.95

US TREASURY N/B
DTD 06/01/2021 1.250% 05/31/2028
91282CCE9 175,000.00 AA+ Aa1 01/22/26 01/23/26 165,648.44 3.64 185.28 167,323.99 165,703.13

US TREASURY N/B
DTD 06/01/2021 1.250% 05/31/2028
91282CCE9 200,000.00 AA+ Aa1 01/13/26 01/14/26 189,609.38 3.55 211.75 191,558.05 189,375.00

US TREASURY N/B
DTD 05/31/2023 3.625% 05/31/2028
91282CHE4 750,000.00 AA+ Aa1 06/01/23 06/02/23 747,480.47 3.70 2,302.77 749,033.60 742,617.00

US TREASURY N/B
DTD 08/02/2021 1.000% 07/31/2028
91282CCR0 75,000.00 AA+ Aa1 10/08/24 10/10/24 67,423.83 3.88 312.85 70,718.19 70,312.50

US TREASURY N/B
DTD 08/31/2023 4.375% 08/31/2028
91282CHX2 250,000.00 AA+ Aa1 09/12/23 09/14/23 249,433.59 4.43 3,655.74 249,752.57 251,054.75

US TREASURY N/B
DTD 08/31/2023 4.375% 08/31/2028
91282CHX2 1,300,000.00 AA+ Aa1 11/01/24 11/05/24 1,308,277.34 4.19 19,009.85 1,304,855.57 1,305,484.70

US TREASURY N/B
DTD 10/15/2025 3.500% 10/15/2028
91282CPC9 395,000.00 AA+ Aa1 12/02/25 12/03/25 394,598.83 3.54 2,908.54 394,677.10 389,244.85

US TREASURY N/B
DTD 11/17/2025 3.500% 11/15/2028
91282CPK1 530,000.00 AA+ Aa1 01/21/26 01/22/26 527,867.58 3.65 2,369.16 528,186.97 522,029.33

US TREASURY N/B
DTD 02/17/2026 3.500% 02/15/2029
91282CQA2 1,200,000.00 AA+ Aa1 03/02/26 03/05/26 1,202,015.63 3.44 15,779.01 1,201,803.48 1,180,125.60

US TREASURY N/B
DTD 03/16/2026 3.500% 03/15/2029
91282CQE4 805,000.00 AA+ Aa1 03/12/26 03/16/26 799,245.51 3.75 8,268.75 799,780.12 791,447.02

US TREASURY N/B
DTD 04/01/2024 4.125% 03/31/2029
91282CKG5 800,000.00 AA+ Aa1 03/26/26 03/31/26 802,656.25 4.01 8,295.08 802,445.29 799,062.40 PFM Asset Management, a division of Account 97480000 Page 6 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
91282CKT7 360,000.00 AA+ Aa1 12/11/24 12/12/24 365,793.75 4.10 1,372.13 363,898.53 363,262.68

US TREASURY N/B
DTD 07/01/2024 4.250% 06/30/2029
91282CKX8 170,000.00 AA+ Aa1 07/18/25 07/21/25 172,171.48 3.90 19.63 171,680.74 170,385.22

US TREASURY N/B
DTD 07/01/2024 4.250% 06/30/2029
91282CKX8 390,000.00 AA+ Aa1 05/07/26 05/08/26 394,296.09 3.87 45.04 394,105.56 390,883.74

US TREASURY N/B
DTD 08/31/2022 3.125% 08/31/2029
91282CFJ5 1,500,000.00 AA+ Aa1 06/02/25 06/05/25 1,451,660.16 3.96 15,667.46 1,463,135.36 1,453,711.50

US TREASURY N/B
DTD 09/30/2022 3.875% 09/30/2029
91282CFL0 235,000.00 AA+ Aa1 10/01/24 10/03/24 238,488.28 3.55 2,289.00 237,339.09 232,870.43

US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
91282CLR0 370,000.00 AA+ Aa1 01/20/26 01/21/26 374,798.44 3.75 2,571.40 374,271.65 369,407.26

US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
91282CLR0 500,000.00 AA+ Aa1 05/21/25 05/22/25 500,000.00 4.12 3,474.86 500,000.00 499,199.00

US TREASURY N/B
DTD 12/02/2024 4.125% 11/30/2029
91282CMA6 125,000.00 AA+ Aa1 07/18/25 07/21/25 126,054.69 3.91 436.73 125,840.97 124,804.75

US TREASURY N/B
DTD 11/30/2022 3.875% 11/30/2029
91282CFY2 850,000.00 AA+ Aa1 02/03/25 02/07/25 833,132.81 4.34 2,789.79 837,673.63 841,799.20

US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2029
91282CGB1 600,000.00 AA+ Aa1 01/02/25 01/07/25 587,062.50 4.36 63.18 590,630.05 594,093.60

US TREASURY N/B
DTD 02/18/2020 1.500% 02/15/2030
912828Z94 215,000.00 AA+ Aa1 04/01/25 04/03/25 192,332.62 3.90 1,211.60 197,733.54 195,868.44

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2030
91282CGS4 205,000.00 AA+ Aa1 01/14/26 01/15/26 204,743.75 3.66 1,867.96 204,770.07 201,028.13

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2030
91282CGS4 210,000.00 AA+ Aa1 01/13/26 01/14/26 209,442.19 3.69 1,913.52 209,499.40 205,931.25

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2030
91282CGS4 400,000.00 AA+ Aa1 01/13/26 01/14/26 398,843.75 3.70 3,644.81 398,961.93 392,250.00 PFM Asset Management, a division of Account 97480000 Page 7 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2030
91282CGS4 465,000.00 AA+ Aa1 05/12/25 05/13/25 455,064.26 4.11 4,237.09 457,201.31 455,990.63

US TREASURY N/B
DTD 06/02/2025 4.000% 05/31/2030
91282CNG2 180,000.00 AA+ Aa1 01/14/26 01/15/26 182,362.50 3.67 609.84 182,132.65 178,783.56

US TREASURY N/B
DTD 06/30/2023 3.750% 06/30/2030
91282CHJ3 900,000.00 AA+ Aa1 08/01/25 08/05/25 890,542.97 3.99 91.71 892,154.07 885,375.00

US TREASURY N/B
DTD 07/31/2025 3.875% 07/31/2030
91282CNN7 930,000.00 AA+ Aa1 09/02/25 09/04/25 935,412.89 3.74 15,032.22 934,575.98 919,028.79

US TREASURY N/B
DTD 10/02/2023 4.625% 09/30/2030
91282CHZ7 860,000.00 AA+ Aa1 11/03/25 11/06/25 894,467.19 3.72 9,998.09 890,244.04 874,042.08

US TREASURY N/B
DTD 10/31/2025 3.625% 10/31/2030
91282CPD7 640,000.00 AA+ Aa1 12/01/25 12/04/25 640,275.00 3.61 3,908.70 640,246.80 625,550.08

US TREASURY N/B
DTD 01/31/2024 4.000% 01/31/2031
91282CJX0 475,000.00 AA+ Aa1 02/06/26 02/10/26 479,898.44 3.77 7,925.41 479,546.35 470,880.80

US TREASURY N/B
DTD 02/29/2024 4.250% 02/28/2031
91282CKC4 150,000.00 AA+ Aa1 04/08/26 04/09/26 152,490.23 3.87 2,130.77 152,385.86 150,252.00

US TREASURY N/B
DTD 02/29/2024 4.250% 02/28/2031
91282CKC4 200,000.00 AA+ Aa1 04/08/26 04/09/26 203,289.06 3.88 2,841.03 203,151.26 200,336.00

US TREASURY N/B
DTD 02/29/2024 4.250% 02/28/2031
91282CKC4 600,000.00 AA+ Aa1 03/05/26 03/11/26 613,382.81 3.75 8,523.10 612,631.77 601,008.00

US TREASURY N/B
DTD 04/01/2024 4.125% 03/31/2031
91282CKF7 220,000.00 AA+ Aa1 04/15/26 04/16/26 222,234.38 3.90 2,281.15 222,149.25 219,175.00

US TREASURY N/B
DTD 04/01/2024 4.125% 03/31/2031
91282CKF7 265,000.00 AA+ Aa1 04/14/26 04/15/26 267,349.80 3.93 2,747.75 267,259.36 264,006.25

US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2031
91282CKN0 445,000.00 AA+ Aa1 06/01/26 06/05/26 453,813.09 4.17 3,467.49 453,697.88 452,961.50 Security Type Sub-Total 28,225,000.00 27,775,405.88 3.85 218,656.16 28,037,594.68 27,811,163.71 PFM Asset Management, a division of Account 97480000 Page 8 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bill

TREASURY BILL
DTD 03/10/2026 0.000% 07/07/2026
912797UN5 90,000.00 A-1+ P-1 06/29/26 06/30/26 89,937.16 3.59 0.00 89,946.14 89,946.54 Security Type Sub-Total 90,000.00 89,937.16 3.59 0.00 89,946.14 89,946.54 Supra-National Agency Bond / Note

INTL FINANCE CORP
DTD 12/06/2023 4.375% 01/15/2027
45950KDF4 235,000.00 AAA Aaa 11/29/23 12/06/23 234,233.90 4.49 4,740.80 234,859.64 235,357.44 Security Type Sub-Total 235,000.00 234,233.90 4.49 4,740.80 234,859.64 235,357.44 Municipal Bond / Note

LOS ANGELES UN SD-B
DTD 11/10/2021 1.455% 07/01/2026
544647FC9 150,000.00 NR Aa2 10/28/21 11/10/21 150,000.00 1.46 1,091.25 150,000.00 150,000.00

CA ST UNIV TRUSTEES -
DTD 08/09/2023 4.755% 11/01/2026
13077DTC6 110,000.00 AA- Aa2 07/20/23 08/09/23 110,000.00 4.75 871.75 110,000.00 110,203.72

LOS ANGELES UNIF SD-B
DTD 05/13/2025 4.423% 07/01/2028
544647KY5 120,000.00 NR Aa2 04/24/25 05/13/25 120,000.00 4.42 2,653.80 120,000.00 120,047.88

HAWAII ST-TXBL-GP (CALLABLE)
DTD 04/30/2026 4.212% 04/01/2031
419792S23 140,000.00 AA+ Aa2 04/16/26 04/30/26 140,000.00 4.21 999.18 140,000.00 138,535.60 Security Type Sub-Total 520,000.00 520,000.00 3.58 5,615.98 520,000.00 518,787.20 Federal Agency Commercial Mortgage-Backed Security
FHMS K070 A2
DTD 12/01/2017 3.303% 11/01/2027
3137FCJK1 255,000.00 AA+ Aa1 07/01/24 07/05/24 242,279.88 4.90 701.89 249,450.56 251,451.42 FNA 2018-M2 A2
DTD 02/01/2018 3.026% 01/01/2028
3136B0YM2 456,659.61 AA+ Aa1 04/03/25 04/08/25 443,709.03 4.07 1,151.45 449,191.15 446,772.01 FHMS K074 A2
DTD 03/01/2018 3.600% 01/01/2028
3137F4D41 493,885.50 AA+ Aa1 07/19/24 07/24/24 477,197.57 4.64 1,481.66 486,041.07 487,770.70 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 245,499.54 AA+ Aa1 12/06/23 12/14/23 245,497.57 4.86 993.86 245,499.09 246,452.56 PFM Asset Management, a division of Account 97480000 Page 9 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Federal Agency Commercial Mortgage-Backed Security
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 360,239.67 AA+ Aa1 07/19/23 07/27/23 360,230.66 4.78 1,434.05 360,236.03 361,006.26 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
3137HACX2 465,000.00 AA+ Aa1 07/13/23 07/20/23 469,644.42 4.59 1,867.36 466,868.23 467,079.02 FHMS K079 A2
DTD 08/01/2018 3.926% 06/01/2028
3137FGZT5 550,000.00 AA+ Aa1 04/02/26 04/07/26 547,185.55 4.17 1,799.42 547,468.04 544,327.85 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
3136BQDE6 430,656.19 AA+ Aa1 07/18/23 07/31/23 423,355.22 4.58 1,503.71 427,628.36 427,834.96 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
3137HAQ74 455,000.00 AA+ Aa1 10/11/23 10/19/23 445,019.12 5.25 1,797.25 450,241.73 456,774.96 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
3137HAMH6 470,000.00 AA+ Aa1 09/07/23 09/14/23 463,047.29 4.99 1,821.25 466,753.50 470,900.99 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4 340,000.00 AA+ Aa1 10/25/23 10/31/23 329,159.78 5.60 1,374.17 334,589.02 341,896.18 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
3137HAMS2 455,000.00 AA+ Aa1 09/20/23 09/28/23 449,561.39 5.07 1,820.00 452,346.69 457,363.27 FHMS K082 A2
DTD 10/01/2018 3.920% 09/01/2028
3137FJKE8 550,000.00 AA+ Aa1 04/28/26 04/30/26 546,669.92 4.19 1,796.67 546,787.32 543,463.80 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
3137HB3D4 175,000.00 AA+ Aa1 11/14/23 11/21/23 174,494.08 5.14 739.23 174,745.38 176,868.82 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
3137HB3G7 265,000.00 AA+ Aa1 11/28/23 12/07/23 264,238.66 4.93 1,073.25 264,614.64 266,831.15 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
3137HBLV4 500,000.00 AA+ Aa1 06/03/24 06/06/24 492,187.50 4.95 1,905.00 495,508.20 500,014.00 FHMS K088 A2
DTD 03/01/2019 3.690% 01/01/2029
3137FKZZ2 530,000.00 AA+ Aa1 04/01/26 04/07/26 523,644.14 4.14 1,629.75 524,143.11 520,043.42 FHMS K749 A2
DTD 05/01/2022 2.120% 03/01/2029
3137H74P5 550,000.00 AA+ Aa1 04/10/25 04/15/25 508,298.83 4.20 971.67 520,322.54 519,915.55 PFM Asset Management, a division of Account 97480000 Page 10 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Federal Agency Commercial Mortgage-Backed Security
FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
3137HDV56 395,000.00 AA+ Aa1 07/16/24 07/25/24 397,425.69 4.58 1,553.67 396,547.05 396,957.62 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
3137HDXL9 440,000.00 AA+ Aa1 08/07/24 08/15/24 444,115.76 4.33 1,665.77 442,661.12 440,707.52 FHMS K528 A2
DTD 09/01/2024 4.508% 07/01/2029
3137HFNZ4 500,000.00 AA+ Aa1 10/22/24 10/25/24 500,742.19 4.47 1,878.33 500,506.03 499,907.00 FHMS K529 A2
DTD 10/01/2024 4.791% 09/01/2029
3137HH6C0 295,000.00 AA+ Aa1 10/08/24 10/16/24 300,896.17 4.34 1,177.79 299,006.30 297,531.69 FHMS K112 A2
DTD 07/01/2020 1.311% 05/01/2030
3137FUZV9 600,000.00 AA+ Aa1 06/01/26 06/04/26 533,601.56 4.34 655.50 534,747.50 533,934.00 FHMS K124 A1
DTD 02/01/2021 0.964% 08/01/2030
3137F9CR0 501,970.97 AA+ Aa1 12/23/25 12/24/25 468,519.31 2.47 403.25 472,041.24 467,113.60 FHMS K551 A2
DTD 12/01/2025 4.165% 11/01/2030
3137HNWV6 335,000.00 AA+ Aa1 11/25/25 12/05/25 337,956.37 3.97 1,162.73 337,646.48 330,533.11 FNA 2026-M11 2A2
DTD 05/01/2026 4.250% 05/01/2031
3136G5V64 385,000.00 AA+ Aa1 06/26/26 06/29/26 380,307.81 4.53 1,363.54 380,241.43 379,623.48 Security Type Sub-Total 10,998,911.47 10,768,985.47 4.49 35,722.22 10,825,831.81 10,833,074.94 Corporate Note

UBS AG STAMFORD CT (CALLABLE)
DTD 01/10/2025 4.864% 01/10/2028
90261AAD4 250,000.00 A+ Aa2 01/06/25 01/10/25 250,000.00 4.86 5,776.00 250,000.00 250,667.50

JPMORGAN CHASE & CO (CALLABLE)
DTD 01/23/2024 5.040% 01/23/2028
46647PEA0 200,000.00 A A1 01/16/24 01/23/24 200,000.00 5.04 4,424.00 200,000.00 200,625.60

KENVUE INC (CALLABLE)
DTD 10/17/2023 5.050% 03/22/2028
49177JAF9 275,000.00 A A2 06/27/25 06/30/25 281,492.75 4.12 3,819.06 279,111.91 277,646.60

JPMORGAN CHASE & CO (CALLABLE)
DTD 04/22/2024 5.571% 04/22/2028
46647PEE2 215,000.00 A A1 04/15/24 04/22/24 215,000.00 5.57 2,295.72 215,000.00 216,792.45

BANK OF AMERICA CORP (CALLABLE)
DTD 04/24/2017 3.705% 04/24/2028
06051GGL7 125,000.00 A- A1 04/16/25 04/17/25 122,366.25 4.46 861.93 123,377.01 124,152.50 PFM Asset Management, a division of Account 97480000 Page 11 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

SERVICENOW INC
DTD 05/15/2026 4.250% 05/15/2028
81762PAF9 65,000.00 A A2 05/12/26 05/15/26 64,764.70 4.44 352.99 64,779.31 64,782.51

SERVICENOW INC
DTD 05/15/2026 4.250% 05/15/2028
81762PAF9 250,000.00 A A2 05/13/26 05/15/26 249,465.00 4.36 1,357.64 249,498.52 249,163.50

HSBC USA INC
DTD 06/03/2025 4.650% 06/03/2028
40428HR95 400,000.00 A- A2 05/28/25 06/03/25 400,032.00 4.65 1,446.67 400,021.09 401,153.60

PNC FINANCIAL SERVICES (CALLABLE)
DTD 01/26/2026 4.075% 01/26/2029
693475CG8 210,000.00 A- A3 01/21/26 01/26/26 210,000.00 4.08 3,684.48 210,000.00 208,275.06

NATIONAL RURAL UTIL COOP (CALLABLE)
DTD 02/05/2024 4.850% 02/07/2029
63743HFN7 105,000.00 A- A2 03/30/26 03/31/26 106,180.20 4.42 2,037.00 106,079.43 105,656.57

ALPHABET INC (CALLABLE)
DTD 02/13/2026 3.700% 02/15/2029
02079KBJ5 75,000.00 AA+ Aa2 02/09/26 02/13/26 74,727.75 3.83 1,063.75 74,760.87 73,782.53

LOCKHEED MARTIN CORP (CALLABLE)
DTD 01/29/2024 4.500% 02/15/2029
539830CC1 250,000.00 A- A2 03/05/24 03/07/24 246,890.00 4.78 4,250.00 248,259.37 250,030.50

ASTRAZENECA FINANCE LLC (CALLABLE)
DTD 02/26/2024 4.850% 02/26/2029
04636NAL7 145,000.00 A+ A1 02/21/24 02/26/24 144,847.75 4.87 2,441.84 144,914.77 146,478.86

CISCO SYSTEMS INC (CALLABLE)
DTD 02/26/2024 4.850% 02/26/2029
17275RBR2 250,000.00 AA- A1 02/13/26 02/17/26 257,027.50 3.86 4,210.07 256,179.97 252,654.75

ABBOTT LABORATORIES (CALLABLE)
DTD 03/09/2026 3.700% 03/09/2029
002824BR0 430,000.00 A+ Aa3 02/23/26 03/09/26 429,453.90 3.75 4,949.78 429,508.49 421,765.07

TOYOTA MOTOR CREDIT CORP
DTD 03/13/2026 4.050% 03/13/2029
89236TPQ2 390,000.00 A+ A1 03/10/26 03/13/26 389,859.60 4.06 4,738.50 389,873.61 385,538.01

KLA CORP (CALLABLE)
DTD 03/20/2019 4.100% 03/15/2029
482480AG5 395,000.00 A- A2 11/13/25 11/14/25 395,264.65 4.08 4,768.53 395,217.39 391,315.44

SALESFORCE INC (CALLABLE)
DTD 03/13/2026 4.650% 03/15/2029
79466LAR5 805,000.00 A+ A2 03/11/26 03/13/26 804,822.90 4.66 11,229.75 804,840.16 804,583.01

UBS AG STAMFORD CT (CALLABLE)
DTD 03/16/2026 4.302% 03/16/2029
90261AAG7 250,000.00 A+ Aa2 03/11/26 03/16/26 250,000.00 4.30 3,136.88 250,000.00 248,980.75 PFM Asset Management, a division of Account 97480000 Page 12 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

BANK OF AMERICA CORP (CALLABLE)
DTD 05/09/2025 4.623% 05/09/2029
06051GMT3 250,000.00 A- A1 05/06/25 05/09/25 250,000.00 4.62 1,669.42 250,000.00 249,879.50

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
437076DC3 120,000.00 A A2 06/17/24 06/25/24 119,226.00 4.90 95.00 119,515.89 121,187.64

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
437076DC3 125,000.00 A A2 06/18/24 06/25/24 124,601.25 4.82 98.96 124,750.98 126,237.13

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
437076DC3 125,000.00 A A2 06/18/24 06/25/24 124,631.25 4.82 98.96 124,769.85 126,237.13

AMERICAN EXPRESS CO (CALLABLE)
DTD 07/25/2025 4.351% 07/20/2029
025816EJ4 265,000.00 A- A2 02/03/26 02/04/26 266,383.30 4.19 5,156.54 266,163.41 263,644.79

ELI LILLY & CO (CALLABLE)
DTD 08/14/2024 4.200% 08/14/2029
532457CQ9 80,000.00 AA- Aa3 08/12/24 08/14/24 79,824.80 4.25 1,278.67 79,886.63 79,581.52

BANK OF NY MELLON CORP (CALLABLE)
DTD 10/25/2023 6.317% 10/25/2029
06406RBT3 655,000.00 A Aa3 03/02/26 03/05/26 691,752.05 4.62 7,585.66 687,466.79 678,879.99

MORGAN STANLEY (CALLABLE)
DTD 01/23/2019 4.431% 01/23/2030
6174468G7 290,000.00 A- A1 01/23/26 01/26/26 291,336.90 4.30 5,639.68 291,203.87 287,350.56

ADOBE INC (CALLABLE)
DTD 02/03/2020 2.300% 02/01/2030
00724PAD1 80,000.00 A+ A1 02/24/26 02/25/26 74,852.00 4.09 766.67 75,277.92 73,848.16

ADOBE INC (CALLABLE)
DTD 02/03/2020 2.300% 02/01/2030
00724PAD1 170,000.00 A+ A1 02/05/26 02/06/26 158,689.90 4.13 1,629.17 159,752.92 156,927.34

ADOBE INC (CALLABLE)
DTD 02/03/2020 2.300% 02/01/2030
00724PAD1 225,000.00 A+ A1 02/09/26 02/10/26 210,037.50 4.13 2,156.25 211,408.35 207,697.95

BLACKROCK INC (CALLABLE)
DTD 01/27/2020 2.400% 04/30/2030
09247XAQ4 40,000.00 AA- Aa3 06/26/25 06/27/25 36,716.80 4.30 162.67 37,348.09 37,032.16

BLACKROCK INC (CALLABLE)
DTD 01/27/2020 2.400% 04/30/2030
09247XAQ4 150,000.00 AA- Aa3 06/27/25 06/30/25 137,664.00 4.30 610.00 140,020.08 138,870.60

AMERICAN EXPRESS CO (CALLABLE)
DTD 05/04/2026 4.444% 05/03/2030
025816ET2 160,000.00 A- A2 04/27/26 05/04/26 160,000.00 4.44 1,125.81 160,000.00 159,013.92 PFM Asset Management, a division of Account 97480000 Page 13 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

JOHN DEERE CAPITAL CORP
DTD 06/05/2025 4.550% 06/05/2030
24422EYE3 175,000.00 A A1 06/02/25 06/05/25 174,907.25 4.56 575.07 174,925.89 175,220.50

ANALOG DEVICES INC (CALLABLE)
DTD 06/16/2025 4.500% 06/15/2030
032654BE4 385,000.00 A A2 06/12/25 06/16/25 384,661.20 4.52 770.00 384,726.72 384,061.76

NOVARTIS CAPITAL CORP (CALLABLE)
DTD 11/05/2025 4.100% 11/05/2030
66989HAY4 470,000.00 AA- Aa3 11/03/25 11/05/25 468,590.00 4.17 2,997.56 468,760.65 461,754.32

SHELL FINANCE US INC (CALLABLE)
DTD 11/06/2025 4.125% 11/06/2030
822905AN5 265,000.00 A+ Aa2 11/04/25 11/06/25 264,218.25 4.19 1,670.05 264,311.63 260,211.45

META PLATFORMS INC (CALLABLE)
DTD 11/03/2025 4.200% 11/15/2030
30303MAB8 265,000.00 AA- Aa3 11/07/25 11/17/25 265,898.35 4.12 1,422.17 265,794.63 260,842.94

TOTALENERGI CAP USA LLC (CALLABLE)
DTD 01/13/2026 4.248% 01/13/2031
89158TAA7 245,000.00 A+ Aa3 01/06/26 01/13/26 245,000.00 4.25 4,856.88 245,000.00 240,871.75

TOTALENERGI CAP USA LLC (CALLABLE)
DTD 01/13/2026 4.248% 01/13/2031
89158TAA7 335,000.00 A+ Aa3 01/07/26 01/13/26 336,038.50 4.18 6,641.04 335,948.80 329,355.25

ALPHABET INC (CALLABLE)
DTD 02/13/2026 4.100% 02/15/2031
02079KBK2 265,000.00 AA+ Aa2 02/10/26 02/17/26 264,748.25 4.12 4,164.92 264,765.79 260,383.70

ALPHABET INC (CALLABLE)
DTD 02/13/2026 4.100% 02/15/2031
02079KBK2 540,000.00 AA+ Aa2 02/10/26 02/17/26 539,746.20 4.11 8,487.00 539,763.56 530,593.20 AMAZON.COM INC (CALLABLE)
DTD 03/13/2026 4.250% 03/13/2031
023135DD5 235,000.00 AA A1 03/11/26 03/13/26 234,642.80 4.28 2,996.25 234,663.19 231,393.93 AMAZON.COM INC (CALLABLE)
DTD 03/13/2026 4.250% 03/13/2031
023135DD5 300,000.00 AA A1 03/10/26 03/13/26 299,520.00 4.29 3,825.00 299,547.29 295,396.50

NOVARTIS CAPITAL CORP (CALLABLE)
DTD 03/18/2026 4.400% 03/18/2031
66989HBG2 250,000.00 AA- Aa3 03/16/26 03/18/26 249,900.00 4.41 3,147.22 249,905.19 248,162.50

CATERPILLAR FINL SERVICE
DTD 05/15/2026 4.500% 05/15/2031
14913V2D9 215,000.00 A A1 05/11/26 05/15/26 214,705.45 4.53 1,236.25 214,712.51 213,982.84

ELI LILLY & CO (CALLABLE)
DTD 05/20/2026 4.375% 05/20/2031
532457DL9 240,000.00 AA- Aa3 05/06/26 05/20/26 239,743.20 4.40 1,195.83 239,749.26 238,152.72 PFM Asset Management, a division of Account 97480000 Page 14 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

MASTERCARD INC (CALLABLE)
DTD 06/08/2026 4.600% 06/08/2031
57636QBL7 210,000.00 A+ Aa3 06/05/26 06/08/26 210,195.30 4.58 617.17 210,193.59 209,677.23

MASTERCARD INC (CALLABLE)
DTD 06/08/2026 4.600% 06/08/2031
57636QBL7 325,000.00 A+ Aa3 06/04/26 06/08/26 324,740.00 4.62 955.14 324,743.01 324,500.48

NVIDIA CORP (CALLABLE)
DTD 06/18/2026 4.500% 06/15/2031
67066GAR5 365,000.00 AA Aa1 06/15/26 06/18/26 364,306.50 4.54 593.13 364,312.15 363,707.90 Security Type Sub-Total 12,905,000.00 12,899,471.95 4.39 141,068.73 12,900,810.54 12,808,702.17 Bank Note

TRUIST BANK (CALLABLE)
DTD 10/23/2025 4.136% 10/23/2029
89788JAH2 265,000.00 A A3 11/07/25 11/10/25 264,085.75 4.23 2,070.30 264,224.35 261,901.89

TRUIST BANK (CALLABLE)
DTD 10/23/2025 4.136% 10/23/2029
89788JAH2 265,000.00 A A3 01/22/26 01/23/26 264,085.75 4.23 2,070.30 264,185.52 261,901.89

MORGAN STANLEY PVT BANK (CALLABLE)
DTD 02/02/2026 4.213% 02/08/2030
61776NU43 250,000.00 A+ Aa3 01/29/26 02/02/26 249,942.50 4.22 4,359.28 249,948.71 246,734.50

MORGAN STANLEY PVT BANK (CALLABLE)
DTD 02/02/2026 4.213% 02/08/2030
61776NU43 285,000.00 A+ Aa3 01/29/26 02/02/26 285,000.00 4.21 4,969.58 285,000.00 281,277.33

CITIBANK NA (CALLABLE)
DTD 05/29/2025 4.914% 05/29/2030
17325FBP2 250,000.00 A+ Aa3 05/21/25 05/29/25 250,000.00 4.91 1,092.00 250,000.00 253,084.75 Security Type Sub-Total 1,315,000.00 1,313,114.00 4.36 14,561.46 1,313,358.58 1,304,900.36 Managed Account Sub-Total 54,288,911.47 53,601,148.36 4.12 420,365.35 53,922,401.39 53,601,932.36 $54,288,911.47 $53,601,148.36 4.12% $420,365.35 $53,922,401.39 $53,601,932.36 $54,022,297.71
$420,365.35
Total Investments
Accrued Interest
Securities Sub-Total
PFM Asset Management, a division of Account 97480000 Page 15 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
U.S. Treasury Bond / Note
US TREASURY N/B 912828ZS2 450,000.00 MorganSt 96.79 435,549.60 37,967.57 747.17 DTD 06/01/2020 0.500% 05/31/2027

0.89 4.11
US TREASURY N/B 91282CEW7 350,000.00 GoldmanS 99.16 347,063.15 (8,391.93) (4,044.91) DTD 06/30/2022 3.250% 06/30/2027

0.97 4.12
US TREASURY N/B 91282CFB2 500,000.00 MorganSt 98.54 492,676.00 (3,788.84) (6,558.02) DTD 08/01/2022 2.750% 07/31/2027

1.04 4.15
US TREASURY N/B 91282CAH4 430,000.00 BMO 95.89 412,329.58 33,408.88 1,997.58 DTD 08/31/2020 0.500% 08/31/2027

1.14 4.15
US TREASURY N/B 91282CAH4 480,000.00 BMO 95.89 460,274.88 19,856.13 (3,495.85) DTD 08/31/2020 0.500% 08/31/2027

1.14 4.15
US TREASURY N/B 91282CAH4 1,200,000.00 WellsFar 95.89 1,150,687.20 72,609.07 (1,407.42) DTD 08/31/2020 0.500% 08/31/2027

1.14 4.15
US TREASURY N/B 91282CPB1 285,000.00 BMO 99.21 282,762.18 (2,226.69) (2,230.58) DTD 09/30/2025 3.500% 09/30/2027

1.20 4.15
US TREASURY N/B 91282CAL5 600,000.00 Nomura 95.46 572,742.00 33,234.19 (540.41) DTD 09/30/2020 0.375% 09/30/2027

1.22 4.15
US TREASURY N/B 91282CFU0 100,000.00 JPMorgan 99.94 99,941.40 (1,367.19) (414.82) DTD 10/31/2022 4.125% 10/31/2027

1.28 4.17
US TREASURY N/B 91282CFU0 500,000.00 BOFAML 99.94 499,707.00 (3,515.66) (1,185.23) DTD 10/31/2022 4.125% 10/31/2027

1.28 4.17
US TREASURY N/B 9128283F5 410,000.00 BMO 97.46 399,605.68 10,762.32 (223.51) DTD 11/15/2017 2.250% 11/15/2027

1.33 4.17
US TREASURY N/B 91282CFZ9 420,000.00 JPMorgan 99.61 418,343.10 (3,182.68) (2,090.56) DTD 11/30/2022 3.875% 11/30/2027

1.36 4.16
US TREASURY N/B 91282CGH8 450,000.00 JPMorgan 98.97 445,359.60 (1,810.32) (3,742.04) DTD 01/31/2023 3.500% 01/31/2028

1.50 4.18
US TREASURY N/B 9128283W8 1,800,000.00 SGAS 97.79 1,760,203.80 18,000.67 (11,661.67) DTD 02/15/2018 2.750% 02/15/2028

1.55 4.17
US TREASURY N/B 91282CGT2 750,000.00 JPMorgan 99.09 743,144.25 (11,191.69) (8,400.16) DTD 03/31/2023 3.625% 03/31/2028

1.66 4.17
US TREASURY N/B 91282CHA2 385,000.00 CABRERA 98.82 380,473.17 (2,631.91) (3,831.82) DTD 05/01/2023 3.500% 04/30/2028

1.74 4.17
US TREASURY N/B 9128284N7 175,000.00 BOFAML 97.69 170,959.95 2,344.72 (1,637.86) DTD 05/15/2018 2.875% 05/15/2028

1.79 4.17
PFM Asset Management, a division of Account 97480000 Page 16 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
U.S. Treasury Bond / Note
US TREASURY N/B 91282CCE9 175,000.00 WellsFar 94.69 165,703.13 54.69 (1,620.86) DTD 06/01/2021 1.250% 05/31/2028

1.86 4.16
US TREASURY N/B 91282CCE9 200,000.00 Deutsche 94.69 189,375.00 (234.38) (2,183.05) DTD 06/01/2021 1.250% 05/31/2028

1.86 4.16
US TREASURY N/B 91282CHE4 750,000.00 JPMorgan 99.02 742,617.00 (4,863.47) (6,416.60) DTD 05/31/2023 3.625% 05/31/2028

1.83 4.16
US TREASURY N/B 91282CCR0 75,000.00 WellsFar 93.75 70,312.50 2,888.67 (405.69) DTD 08/02/2021 1.000% 07/31/2028

2.02 4.16
US TREASURY N/B 91282CHX2 250,000.00 Barclays 100.42 251,054.75 1,621.16 1,302.18 DTD 08/31/2023 4.375% 08/31/2028

2.02 4.17
US TREASURY N/B 91282CHX2 1,300,000.00 Barclays 100.42 1,305,484.70 (2,792.64) 629.13 DTD 08/31/2023 4.375% 08/31/2028

2.02 4.17
US TREASURY N/B 91282CPC9 395,000.00 WellsFar 98.54 389,244.85 (5,353.98) (5,432.25) DTD 10/15/2025 3.500% 10/15/2028

2.16 4.17
US TREASURY N/B 91282CPK1 530,000.00 MorganSt 98.50 522,029.33 (5,838.25) (6,157.64) DTD 11/17/2025 3.500% 11/15/2028

2.24 4.17
US TREASURY N/B 91282CQA2 1,200,000.00 MorganSt 98.34 1,180,125.60 (21,890.03) (21,677.88) DTD 02/17/2026 3.500% 02/15/2029

2.45 4.17
US TREASURY N/B 91282CQE4 805,000.00 WellsFar 98.32 791,447.02 (7,798.49) (8,333.10) DTD 03/16/2026 3.500% 03/15/2029

2.53 4.10
US TREASURY N/B 91282CKG5 800,000.00 BNP Sec 99.88 799,062.40 (3,593.85) (3,382.89) DTD 04/01/2024 4.125% 03/31/2029

2.55 4.17
US TREASURY N/B 91282CKT7 360,000.00 JPMorgan 100.91 363,262.68 (2,531.07) (635.85) DTD 05/31/2024 4.500% 05/31/2029

2.70 4.17
US TREASURY N/B 91282CKX8 170,000.00 BMO 100.23 170,385.22 (1,786.26) (1,295.52) DTD 07/01/2024 4.250% 06/30/2029

2.79 4.17
US TREASURY N/B 91282CKX8 390,000.00 MorganSt 100.23 390,883.74 (3,412.35) (3,221.82) DTD 07/01/2024 4.250% 06/30/2029

2.79 4.17
US TREASURY N/B 91282CFJ5 1,500,000.00 Nomura 96.91 1,453,711.50 2,051.34 (9,423.86) DTD 08/31/2022 3.125% 08/31/2029

2.95 4.17
US TREASURY N/B 91282CFL0 235,000.00 Citigrou 99.09 232,870.43 (5,617.85) (4,468.66) DTD 09/30/2022 3.875% 09/30/2029

2.99 4.17
US TREASURY N/B 91282CLR0 370,000.00 Deutsche 99.84 369,407.26 (5,391.18) (4,864.39) DTD 10/31/2024 4.125% 10/31/2029

3.07 4.18
PFM Asset Management, a division of Account 97480000 Page 17 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
U.S. Treasury Bond / Note
US TREASURY N/B 91282CLR0 500,000.00 JPMorgan 99.84 499,199.00 (801.00) (801.00) DTD 10/31/2024 4.125% 10/31/2029

3.07 4.18
US TREASURY N/B 91282CMA6 125,000.00 HSBC 99.84 124,804.75 (1,249.94) (1,036.22) DTD 12/02/2024 4.125% 11/30/2029

3.15 4.17
US TREASURY N/B 91282CFY2 850,000.00 MorganSt 99.04 841,799.20 8,666.39 4,125.57 DTD 11/30/2022 3.875% 11/30/2029

3.16 4.18
US TREASURY N/B 91282CGB1 600,000.00 Barclays 99.02 594,093.60 7,031.10 3,463.55 DTD 01/03/2023 3.875% 12/31/2029

3.24 4.18
US TREASURY N/B 912828Z94 215,000.00 RBS 91.10 195,868.44 3,535.82 (1,865.10) DTD 02/18/2020 1.500% 02/15/2030

3.45 4.17
US TREASURY N/B 91282CGS4 205,000.00 MorganSt 98.06 201,028.13 (3,715.62) (3,741.94) DTD 03/31/2023 3.625% 03/31/2030

3.43 4.19
US TREASURY N/B 91282CGS4 210,000.00 BNP Sec 98.06 205,931.25 (3,510.94) (3,568.15) DTD 03/31/2023 3.625% 03/31/2030

3.43 4.19
US TREASURY N/B 91282CGS4 400,000.00 WellsFar 98.06 392,250.00 (6,593.75) (6,711.93) DTD 03/31/2023 3.625% 03/31/2030

3.43 4.19
US TREASURY N/B 91282CGS4 465,000.00 BNP Sec 98.06 455,990.63 926.37 (1,210.68) DTD 03/31/2023 3.625% 03/31/2030

3.43 4.19
US TREASURY N/B 91282CNG2 180,000.00 TD Secur 99.32 178,783.56 (3,578.94) (3,349.09) DTD 06/02/2025 4.000% 05/31/2030

3.58 4.19
US TREASURY N/B 91282CHJ3 900,000.00 BMO 98.38 885,375.00 (5,167.97) (6,779.07) DTD 06/30/2023 3.750% 06/30/2030

3.67 4.20
US TREASURY N/B 91282CNN7 930,000.00 BMO 98.82 919,028.79 (16,384.10) (15,547.19) DTD 07/31/2025 3.875% 07/31/2030

3.68 4.19
US TREASURY N/B 91282CHZ7 860,000.00 WellsFar 101.63 874,042.08 (20,425.11) (16,201.96) DTD 10/02/2023 4.625% 09/30/2030

3.79 4.20
US TREASURY N/B 91282CPD7 640,000.00 RBC Capi 97.74 625,550.08 (14,724.92) (14,696.72) DTD 10/31/2025 3.625% 10/31/2030

3.94 4.20
US TREASURY N/B 91282CJX0 475,000.00 WellsFar 99.13 470,880.80 (9,017.64) (8,665.55) DTD 01/31/2024 4.000% 01/31/2031

4.08 4.21
US TREASURY N/B 91282CKC4 150,000.00 BMO 100.17 150,252.00 (2,238.23) (2,133.86) DTD 02/29/2024 4.250% 02/28/2031

4.14 4.21
US TREASURY N/B 91282CKC4 200,000.00 BMO 100.17 200,336.00 (2,953.06) (2,815.26) DTD 02/29/2024 4.250% 02/28/2031

4.14 4.21
PFM Asset Management, a division of Account 97480000 Page 18 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
U.S. Treasury Bond / Note
US TREASURY N/B 91282CKC4 600,000.00 BOFAML 100.17 601,008.00 (12,374.81) (11,623.77) DTD 02/29/2024 4.250% 02/28/2031

4.14 4.21
US TREASURY N/B 91282CKF7 220,000.00 BMO 99.63 219,175.00 (3,059.38) (2,974.25) DTD 04/01/2024 4.125% 03/31/2031

4.23 4.21
US TREASURY N/B 91282CKF7 265,000.00 WellsFar 99.63 264,006.25 (3,343.55) (3,253.11) DTD 04/01/2024 4.125% 03/31/2031

4.23 4.21
US TREASURY N/B 91282CKN0 445,000.00 MorganSt 101.79 452,961.50 (851.59) (736.38) DTD 04/30/2024 4.625% 04/30/2031

4.27 4.21
Security Type Sub-Total 28,225,000.00 27,811,163.71 35,757.83 (226,430.97) 2.49 4.17 U.S. Treasury Bill
TREASURY BILL 912797UN5 90,000.00 JPMorgan 99.94 89,946.54 9.38 0.40 DTD 03/10/2026 0.000% 07/07/2026

0.02 3.62
Security Type Sub-Total 90,000.00 89,946.54 9.38 0.40 0.02 3.62 Supra-National Agency Bond / Note
INTL FINANCE CORP 45950KDF4 235,000.00 WellsFar 100.15 235,357.44 1,123.54 497.80 DTD 12/06/2023 4.375% 01/15/2027

0.52 4.09
Security Type Sub-Total 235,000.00 235,357.44 1,123.54 497.80 0.52 4.09 Municipal Bond / Note
LOS ANGELES UN SD-B 544647FC9 150,000.00 Barclays 100.00 150,000.00 0.00 0.00 DTD 11/10/2021 1.455% 07/01/2026

0.01 0.00
CA ST UNIV TRUSTEES - 13077DTC6 110,000.00 Barclays 100.19 110,203.72 203.72 203.72 DTD 08/09/2023 4.755% 11/01/2026

0.33 4.16
LOS ANGELES UNIF SD-B 544647KY5 120,000.00 RaymondJ 100.04 120,047.88 47.88 47.88 DTD 05/13/2025 4.423% 07/01/2028

1.90 4.40
HAWAII ST-TXBL-GP (CALLABLE) 419792S23 140,000.00 BOFAML 01/01/31 98.95 138,535.60 (1,464.40) (1,464.40) DTD 04/30/2026 4.212% 04/01/2031

4.15 4.46
Security Type Sub-Total 520,000.00 518,787.20 (1,212.80) (1,212.80) 1.62 3.09 PFM Asset Management, a division of Account 97480000 Page 19 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Federal Agency Commercial Mortgage-Backed Security
FHMS K070 A2 3137FCJK1 255,000.00 PNCBank 98.61 251,451.42 9,171.54 2,000.86 DTD 12/01/2017 3.303% 11/01/2027

1.23 4.28
FNA 2018-M2 A2 3136B0YM2 456,659.61 Citigrou 97.83 446,772.01 3,062.98 (2,419.14) DTD 02/01/2018 3.026% 01/01/2028

1.33 4.49
FHMS K074 A2 3137F4D41 493,885.50 Barclays 98.76 487,770.70 10,573.13 1,729.63 DTD 03/01/2018 3.600% 01/01/2028

1.45 4.32
FHMS KJ48 A1 3137HBC69 245,499.54 JPMorgan 100.39 246,452.56 954.99 953.47 DTD 12/01/2023 4.858% 05/01/2028

1.55 4.45
FHMS KJ46 A1 3137HAD45 360,239.67 JPMorgan 100.21 361,006.26 775.60 770.23 DTD 07/01/2023 4.777% 06/01/2028

1.20 4.38
FHMS K505 A2 3137HACX2 465,000.00 JPMorgan 100.45 467,079.02 (2,565.40) 210.79 DTD 07/01/2023 4.819% 06/01/2028

1.75 4.43
FHMS K079 A2 3137FGZT5 550,000.00 BMO 98.97 544,327.85 (2,857.70) (3,140.19) DTD 08/01/2018 3.926% 06/01/2028

1.86 4.38
FNA 2023-M6 A2 3136BQDE6 430,656.19 JPMorgan 99.34 427,834.96 4,479.74 206.60 DTD 07/01/2023 4.190% 07/01/2028

1.89 4.42
FHMS K508 A2 3137HAQ74 455,000.00 BMO 100.39 456,774.96 11,755.84 6,533.23 DTD 10/01/2023 4.740% 08/01/2028

1.94 4.42
FHMS K506 A2 3137HAMH6 470,000.00 WellsFar 100.19 470,900.99 7,853.70 4,147.49 DTD 09/01/2023 4.650% 08/01/2028

1.91 4.43
FHMS K509 A2 3137HAST4 340,000.00 MorganSt 100.56 341,896.18 12,736.40 7,307.16 DTD 10/01/2023 4.850% 09/01/2028

2.02 4.46
FHMS K507 A2 3137HAMS2 455,000.00 BOFAML 100.52 457,363.27 7,801.88 5,016.58 DTD 09/01/2023 4.800% 09/01/2028

1.97 4.42
FHMS K082 A2 3137FJKE8 550,000.00 JPMorgan 98.81 543,463.80 (3,206.12) (3,323.52) DTD 10/01/2018 3.920% 09/01/2028

2.03 4.41
FHMS K510 A2 3137HB3D4 175,000.00 JPMorgan 101.07 176,868.82 2,374.74 2,123.44 DTD 11/01/2023 5.069% 10/01/2028

2.05 4.44
FHMS K511 A2 3137HB3G7 265,000.00 BOFAML 100.69 266,831.15 2,592.49 2,216.51 DTD 12/01/2023 4.860% 10/01/2028

2.09 4.42
FHMS K514 A2 3137HBLV4 500,000.00 BMO 100.00 500,014.00 7,826.50 4,505.80 DTD 02/01/2024 4.572% 12/01/2028

2.18 4.47
FHMS K088 A2 3137FKZZ2 530,000.00 MorganSt 98.12 520,043.42 (3,600.72) (4,099.69) DTD 03/01/2019 3.690% 01/01/2029

2.33 4.43
PFM Asset Management, a division of Account 97480000 Page 20 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Federal Agency Commercial Mortgage-Backed Security
FHMS K749 A2 3137H74P5 550,000.00 Barclays 94.53 519,915.55 11,616.72 (406.99) DTD 05/01/2022 2.120% 03/01/2029

2.38 4.43
FHMS K524 A2 3137HDV56 395,000.00 PIER 100.50 396,957.62 (468.07) 410.57 DTD 07/01/2024 4.720% 05/01/2029

2.62 4.46
FHMS K526 A2 3137HDXL9 440,000.00 BMO 100.16 440,707.52 (3,408.24) (1,953.60) DTD 08/01/2024 4.543% 07/01/2029

2.78 4.42
FHMS K528 A2 3137HFNZ4 500,000.00 MorganSt 99.98 499,907.00 (835.19) (599.03) DTD 09/01/2024 4.508% 07/01/2029

2.79 4.45
FHMS K529 A2 3137HH6C0 295,000.00 MorganSt 100.86 297,531.69 (3,364.48) (1,474.61) DTD 10/01/2024 4.791% 09/01/2029

2.89 4.43
FHMS K112 A2 3137FUZV9 600,000.00 Deutsche 88.99 533,934.00 332.44 (813.50) DTD 07/01/2020 1.311% 05/01/2030

3.67 4.45
FHMS K124 A1 3137F9CR0 501,970.97 IFP 93.06 467,113.60 (1,405.71) (4,927.64) DTD 02/01/2021 0.964% 08/01/2030

2.08 4.34
FHMS K551 A2 3137HNWV6 335,000.00 BMO 98.67 330,533.11 (7,423.26) (7,113.37) DTD 12/01/2025 4.165% 11/01/2030

3.91 4.47
FNA 2026-M11 2A2 3136G5V64 385,000.00 WellsFar 98.60 379,623.48 (684.33) (617.95) DTD 05/01/2026 4.250% 05/01/2031

4.29 4.55
Security Type Sub-Total 10,998,911.47 10,833,074.94 64,089.47 7,243.13 2.25 4.42 Corporate Note
UBS AG STAMFORD CT (CALLABLE) 90261AAD4 250,000.00 UBSS 01/10/27 100.27 250,667.50 667.50 667.50 DTD 01/10/2025 4.864% 01/10/2028

0.51 4.36
JPMORGAN CHASE & CO (CALLABLE) 46647PEA0 200,000.00 JPMorgan 01/23/27 100.31 200,625.60 625.60 625.60 DTD 01/23/2024 5.040% 01/23/2028

0.54 4.70
KENVUE INC (CALLABLE) 49177JAF9 275,000.00 JPMorgan 02/22/28 100.96 277,646.60 (3,846.15) (1,465.31) DTD 10/17/2023 5.050% 03/22/2028

1.57 4.46
JPMORGAN CHASE & CO (CALLABLE) 46647PEE2 215,000.00 JPMorgan 04/22/27 100.83 216,792.45 1,792.45 1,792.45 DTD 04/22/2024 5.571% 04/22/2028

0.78 4.54
BANK OF AMERICA CORP (CALLABLE) 06051GGL7 125,000.00 Deutsche 04/24/27 99.32 124,152.50 1,786.25 775.49 DTD 04/24/2017 3.705% 04/24/2028

0.79 5.09
SERVICENOW INC 81762PAF9 65,000.00 Barclays 99.67 64,782.51 17.81 3.20 DTD 05/15/2026 4.250% 05/15/2028

1.77 4.44
PFM Asset Management, a division of Account 97480000 Page 21 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Corporate Note
SERVICENOW INC 81762PAF9 250,000.00 MUFG 99.67 249,163.50 (301.50) (335.02) DTD 05/15/2026 4.250% 05/15/2028

1.77 4.44
HSBC USA INC 40428HR95 400,000.00 UBSS 100.29 401,153.60 1,121.60 1,132.51 DTD 06/03/2025 4.650% 06/03/2028

1.82 4.49
PNC FINANCIAL SERVICES (CALLABLE) 693475CG8 210,000.00 PNCBank 01/26/28 99.18 208,275.06 (1,724.94) (1,724.94) DTD 01/26/2026 4.075% 01/26/2029

1.51 4.48
NATIONAL RURAL UTIL COOP (CALLABLE) 63743HFN7 105,000.00 JANE 01/07/29 100.63 105,656.57 (523.63) (422.86) DTD 02/05/2024 4.850% 02/07/2029

2.34 4.59
ALPHABET INC (CALLABLE) 02079KBJ5 75,000.00 JPMorgan 01/15/29 98.38 73,782.53 (945.22) (978.34) DTD 02/13/2026 3.700% 02/15/2029

2.42 4.36
LOCKHEED MARTIN CORP (CALLABLE) 539830CC1 250,000.00 JPMorgan 01/15/29 100.01 250,030.50 3,140.50 1,771.13 DTD 01/29/2024 4.500% 02/15/2029

2.38 4.49
ASTRAZENECA FINANCE LLC (CALLABLE) 04636NAL7 145,000.00 Citigrou 01/26/29 101.02 146,478.86 1,631.11 1,564.09 DTD 02/26/2024 4.850% 02/26/2029

2.39 4.44
CISCO SYSTEMS INC (CALLABLE) 17275RBR2 250,000.00 GoldmanS 01/26/29 101.06 252,654.75 (4,372.75) (3,525.22) DTD 02/26/2024 4.850% 02/26/2029

2.39 4.42
ABBOTT LABORATORIES (CALLABLE) 002824BR0 430,000.00 MorganSt 02/09/29 98.08 421,765.07 (7,688.83) (7,743.42) DTD 03/09/2026 3.700% 03/09/2029

2.48 4.46
TOYOTA MOTOR CREDIT CORP 89236TPQ2 390,000.00 MUFG 98.86 385,538.01 (4,321.59) (4,335.60) DTD 03/13/2026 4.050% 03/13/2029

2.50 4.50
KLA CORP (CALLABLE) 482480AG5 395,000.00 JPMorgan 12/15/28 99.07 391,315.44 (3,949.21) (3,901.95) DTD 03/20/2019 4.100% 03/15/2029

2.41 4.47
SALESFORCE INC (CALLABLE) 79466LAR5 805,000.00 Citigrou 02/15/29 99.95 804,583.01 (239.89) (257.15) DTD 03/13/2026 4.650% 03/15/2029

2.45 4.67
UBS AG STAMFORD CT (CALLABLE) 90261AAG7 250,000.00 UBSS 03/16/28 99.59 248,980.75 (1,019.25) (1,019.25) DTD 03/16/2026 4.302% 03/16/2029

1.61 4.52
BANK OF AMERICA CORP (CALLABLE) 06051GMT3 250,000.00 BOFAML 05/09/28 99.95 249,879.50 (120.50) (120.50) DTD 05/09/2025 4.623% 05/09/2029

1.75 4.68
HOME DEPOT INC (CALLABLE) 437076DC3 120,000.00 MorganSt 05/25/29 100.99 121,187.64 1,961.64 1,671.75 DTD 06/25/2024 4.750% 06/25/2029

2.71 4.39
HOME DEPOT INC (CALLABLE) 437076DC3 125,000.00 HSBC 05/25/29 100.99 126,237.13 1,635.88 1,486.15 DTD 06/25/2024 4.750% 06/25/2029

2.71 4.39
HOME DEPOT INC (CALLABLE) 437076DC3 125,000.00 MAXE 05/25/29 100.99 126,237.13 1,605.88 1,467.28 DTD 06/25/2024 4.750% 06/25/2029

2.71 4.39
PFM Asset Management, a division of Account 97480000 Page 22 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Corporate Note
AMERICAN EXPRESS CO (CALLABLE) 025816EJ4 265,000.00 TD Secur 07/20/28 99.49 263,644.79 (2,738.51) (2,518.62) DTD 07/25/2025 4.351% 07/20/2029

1.91 4.56
ELI LILLY & CO (CALLABLE) 532457CQ9 80,000.00 MorganSt 07/14/29 99.48 79,581.52 (243.28) (305.11) DTD 08/14/2024 4.200% 08/14/2029

2.82 4.38
BANK OF NY MELLON CORP (CALLABLE) 06406RBT3 655,000.00 Barclays 10/25/28 103.65 678,879.99 (12,872.06) (8,586.80) DTD 10/25/2023 6.317% 10/25/2029

2.12 4.81
MORGAN STANLEY (CALLABLE) 6174468G7 290,000.00 JPMorgan 01/23/29 99.09 287,350.56 (3,986.34) (3,853.31) DTD 01/23/2019 4.431% 01/23/2030

2.35 5.04
ADOBE INC (CALLABLE) 00724PAD1 80,000.00 INGM 11/01/29 92.31 73,848.16 (1,003.84) (1,429.76) DTD 02/03/2020 2.300% 02/01/2030

3.33 4.65
ADOBE INC (CALLABLE) 00724PAD1 170,000.00 TD Secur 11/01/29 92.31 156,927.34 (1,762.56) (2,825.58) DTD 02/03/2020 2.300% 02/01/2030

3.33 4.65
ADOBE INC (CALLABLE) 00724PAD1 225,000.00 GoldmanS 11/01/29 92.31 207,697.95 (2,339.55) (3,710.40) DTD 02/03/2020 2.300% 02/01/2030

3.33 4.65
BLACKROCK INC (CALLABLE) 09247XAQ4 40,000.00 SUSQ 01/30/30 92.58 37,032.16 315.36 (315.93) DTD 01/27/2020 2.400% 04/30/2030

3.56 4.53
BLACKROCK INC (CALLABLE) 09247XAQ4 150,000.00 MorganSt 01/30/30 92.58 138,870.60 1,206.60 (1,149.48) DTD 01/27/2020 2.400% 04/30/2030

3.56 4.53
AMERICAN EXPRESS CO (CALLABLE) 025816ET2 160,000.00 RBC Capi 05/03/29 99.38 159,013.92 (986.08) (986.08) DTD 05/04/2026 4.444% 05/03/2030

2.63 4.62
JOHN DEERE CAPITAL CORP 24422EYE3 175,000.00 Citigrou 100.13 175,220.50 313.25 294.61 DTD 06/05/2025 4.550% 06/05/2030

3.55 4.51
ANALOG DEVICES INC (CALLABLE) 032654BE4 385,000.00 BOFAML 05/15/30 99.76 384,061.76 (599.44) (664.96) DTD 06/16/2025 4.500% 06/15/2030

3.55 4.57
NOVARTIS CAPITAL CORP (CALLABLE) 66989HAY4 470,000.00 JPMorgan 10/05/30 98.25 461,754.32 (6,835.68) (7,006.33) DTD 11/05/2025 4.100% 11/05/2030

3.89 4.55
SHELL FINANCE US INC (CALLABLE) 822905AN5 265,000.00 MorganSt 10/06/30 98.19 260,211.45 (4,006.80) (4,100.18) DTD 11/06/2025 4.125% 11/06/2030

3.89 4.59
META PLATFORMS INC (CALLABLE) 30303MAB8 265,000.00 RBC Capi 10/15/30 98.43 260,842.94 (5,055.41) (4,951.69) DTD 11/03/2025 4.200% 11/15/2030

3.90 4.60
TOTALENERGI CAP USA LLC (CALLABLE) 89158TAA7 245,000.00 Citigrou 12/13/30 98.32 240,871.75 (4,128.25) (4,128.25) DTD 01/13/2026 4.248% 01/13/2031

3.97 4.66
TOTALENERGI CAP USA LLC (CALLABLE) 89158TAA7 335,000.00 GoldmanS 12/13/30 98.32 329,355.25 (6,683.25) (6,593.55) DTD 01/13/2026 4.248% 01/13/2031

3.97 4.66
PFM Asset Management, a division of Account 97480000 Page 23 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Corporate Note
ALPHABET INC (CALLABLE) 02079KBK2 265,000.00 JPMorgan 01/15/31 98.26 260,383.70 (4,364.55) (4,382.09) DTD 02/13/2026 4.100% 02/15/2031

4.08 4.52
ALPHABET INC (CALLABLE) 02079KBK2 540,000.00 Jefferie 01/15/31 98.26 530,593.20 (9,153.00) (9,170.36) DTD 02/13/2026 4.100% 02/15/2031

4.08 4.52
AMAZON.COM INC (CALLABLE) 023135DD5 235,000.00 GoldmanS 02/13/31 98.47 231,393.93 (3,248.87) (3,269.26) DTD 03/13/2026 4.250% 03/13/2031

4.13 4.62
AMAZON.COM INC (CALLABLE) 023135DD5 300,000.00 JPMorgan 02/13/31 98.47 295,396.50 (4,123.50) (4,150.79) DTD 03/13/2026 4.250% 03/13/2031

4.13 4.62
NOVARTIS CAPITAL CORP (CALLABLE) 66989HBG2 250,000.00 JPMorgan 02/18/31 99.27 248,162.50 (1,737.50) (1,742.69) DTD 03/18/2026 4.400% 03/18/2031

4.13 4.57
CATERPILLAR FINL SERVICE 14913V2D9 215,000.00 MUFG 99.53 213,982.84 (722.61) (729.67) DTD 05/15/2026 4.500% 05/15/2031

4.31 4.61
ELI LILLY & CO (CALLABLE) 532457DL9 240,000.00 Citigrou 04/20/31 99.23 238,152.72 (1,590.48) (1,596.54) DTD 05/20/2026 4.375% 05/20/2031

4.30 4.55
MASTERCARD INC (CALLABLE) 57636QBL7 210,000.00 StifelNi 05/08/31 99.85 209,677.23 (518.07) (516.36) DTD 06/08/2026 4.600% 06/08/2031

4.33 4.63
MASTERCARD INC (CALLABLE) 57636QBL7 325,000.00 JPMorgan 05/08/31 99.85 324,500.48 (239.52) (242.53) DTD 06/08/2026 4.600% 06/08/2031

4.33 4.63
NVIDIA CORP (CALLABLE) 67066GAR5 365,000.00 GoldmanS 05/15/31 99.65 363,707.90 (598.60) (604.25) DTD 06/18/2026 4.500% 06/15/2031

4.36 4.58
Security Type Sub-Total 12,905,000.00 12,808,702.17 (90,769.78) (92,108.37) 2.89 4.58 Bank Note
TRUIST BANK (CALLABLE) 89788JAH2 265,000.00 RBC Capi 10/23/28 98.83 261,901.89 (2,183.86) (2,322.46) DTD 10/23/2025 4.136% 10/23/2029

2.16 4.64
TRUIST BANK (CALLABLE) 89788JAH2 265,000.00 WellsFar 10/23/28 98.83 261,901.89 (2,183.86) (2,283.63) DTD 10/23/2025 4.136% 10/23/2029

2.16 4.64
MORGAN STANLEY PVT BANK (CALLABLE) 61776NU43 250,000.00 CIDLY 02/08/29 98.69 246,734.50 (3,208.00) (3,214.21) DTD 02/02/2026 4.213% 02/08/2030

2.41 4.66
MORGAN STANLEY PVT BANK (CALLABLE) 61776NU43 285,000.00 MorganSt 02/08/29 98.69 281,277.33 (3,722.67) (3,722.67) DTD 02/02/2026 4.213% 02/08/2030

2.41 4.66
CITIBANK NA (CALLABLE) 17325FBP2 250,000.00 Citigrou 04/29/30 101.23 253,084.75 3,084.75 3,084.75 DTD 05/29/2025 4.914% 05/29/2030

3.48 4.56
PFM Asset Management, a division of Account 97480000 Page 24 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Security Type Sub-Total 1,315,000.00 1,304,900.36 (8,213.64) (8,458.22) 2.52 4.63 Managed Account Sub-Total 54,288,911.47 53,601,932.36 784.00 (320,469.03) 2.52 4.32 Total Investments $54,022,297.71
$420,365.35
$53,601,932.36
Accrued Interest
Securities Sub-Total $54,288,911.47 $784.00 ($320,469.03) 2.52 4.32% PFM Asset Management, a division of Account 97480000 Page 25 U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
BUY
06/04/26 FHMS K112 A2
DTD 07/01/2020 1.311% 05/01/2030
06/01/26 3137FUZV9 600,000.00 (533,601.56) (65.55) (533,667.11) 06/05/26 US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2031
06/01/26 91282CKN0 800,000.00 (815,843.75) (3,619.57) (819,463.32) 06/08/26 MASTERCARD INC (CALLABLE)
DTD 06/08/2026 4.600% 06/08/2031
06/04/26 57636QBL7 325,000.00 (324,740.00) 0.00 (324,740.00) 06/08/26 MASTERCARD INC (CALLABLE)
DTD 06/08/2026 4.600% 06/08/2031
06/05/26 57636QBL7 210,000.00 (210,195.30) 0.00 (210,195.30) 06/18/26 NVIDIA CORP (CALLABLE)
DTD 06/18/2026 4.500% 06/15/2031
06/15/26 67066GAR5 365,000.00 (364,306.50) 0.00 (364,306.50) 06/29/26 FNA 2026-M11 2A2
DTD 05/01/2026 4.250% 05/01/2031
06/26/26 3136G5V64 385,000.00 (380,307.81) (1,272.64) (381,580.45) 06/30/26 TREASURY BILL
DTD 03/10/2026 0.000% 07/07/2026
06/29/26 912797UN5 90,000.00 (89,937.16) 0.00 (89,937.16) Transaction Type Sub-Total 2,775,000.00 (2,718,932.08) (4,957.76) (2,723,889.84)

INTEREST
06/01/26 MONEY MARKET FUND
DTD 01/01/2010 0.000% --
06/01/26 MONEY0002 0.00 465.81 465.81
06/25/26 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
06/01/26 3136BQDE6 0.00 1,503.82 1,503.82
06/25/26 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
06/01/26 3137HBLV4 0.00 1,905.00 1,905.00
06/25/26 FHMS K088 A2
DTD 03/01/2019 3.690% 01/01/2029
06/01/26 3137FKZZ2 0.00 1,629.75 1,629.75
06/25/26 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
06/01/26 3137HB3D4 0.00 739.23 739.23
06/25/26 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
06/01/26 3137HACX2 0.00 1,867.36 1,867.36
06/25/26 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
06/01/26 3137HAQ74 0.00 1,797.25 1,797.25
06/25/26 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
06/01/26 3137HAMS2 0.00 1,820.00 1,820.00
PFM Asset Management, a division of Account 97480000 Page 26 U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
06/25/26 FHMS K074 A2
DTD 03/01/2018 3.600% 01/01/2028
06/01/26 3137F4D41 0.00 1,484.35 1,484.35
06/25/26 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
06/01/26 3137HAMH6 0.00 1,821.25 1,821.25
06/25/26 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
06/01/26 3137HAD45 0.00 1,629.55 1,629.55
06/25/26 FHMS K079 A2
DTD 08/01/2018 3.926% 06/01/2028
06/01/26 3137FGZT5 0.00 1,799.42 1,799.42
06/25/26 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
06/01/26 3137HBC69 0.00 998.09 998.09
06/25/26 FHMS K124 A1
DTD 02/01/2021 0.964% 08/01/2030
06/01/26 3137F9CR0 0.00 410.63 410.63
06/25/26 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
06/01/26 3137HDXL9 0.00 1,665.77 1,665.77
06/25/26 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
06/01/26 3137HAST4 0.00 1,374.17 1,374.17
06/25/26 FHMS K529 A2
DTD 10/01/2024 4.791% 09/01/2029
06/01/26 3137HH6C0 0.00 1,177.79 1,177.79
06/25/26 FNA 2018-M2 A2
DTD 02/01/2018 3.026% 01/01/2028
06/01/26 3136B0YM2 0.00 1,152.95 1,152.95
06/25/26 FHMS K528 A2
DTD 09/01/2024 4.508% 07/01/2029
06/01/26 3137HFNZ4 0.00 1,878.33 1,878.33
06/25/26 FHMS K749 A2
DTD 05/01/2022 2.120% 03/01/2029
06/01/26 3137H74P5 0.00 971.67 971.67
06/25/26 FHMS K070 A2
DTD 12/01/2017 3.303% 11/01/2027
06/01/26 3137FCJK1 0.00 701.89 701.89
06/25/26 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
06/01/26 3137HDV56 0.00 1,553.67 1,553.67
06/25/26 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
06/01/26 3137HB3G7 0.00 1,073.25 1,073.25
06/25/26 FHMS K551 A2
DTD 12/01/2025 4.165% 11/01/2030
06/01/26 3137HNWV6 0.00 1,162.73 1,162.73
06/25/26 FHMS K082 A2
DTD 10/01/2018 3.920% 09/01/2028
06/01/26 3137FJKE8 0.00 1,796.67 1,796.67
PFM Asset Management, a division of Account 97480000 Page 27 U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
06/03/26 HSBC USA INC
DTD 06/03/2025 4.650% 06/03/2028
06/03/26 40428HR95 0.00 9,300.00 9,300.00
06/05/26 JOHN DEERE CAPITAL CORP
DTD 06/05/2025 4.550% 06/05/2030
06/05/26 24422EYE3 0.00 3,981.25 3,981.25
06/15/26 ANALOG DEVICES INC (CALLABLE)
DTD 06/16/2025 4.500% 06/15/2030
06/15/26 032654BE4 0.00 8,662.50 8,662.50
06/25/26 HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
06/25/26 437076DC3 0.00 8,787.50 8,787.50
06/30/26 US TREASURY N/B
DTD 07/01/2024 4.250% 06/30/2029
06/30/26 91282CKX8 0.00 11,900.00 11,900.00
06/30/26 US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2027
06/30/26 91282CEW7 0.00 5,687.50 5,687.50
06/30/26 US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2029
06/30/26 91282CGB1 0.00 11,625.00 11,625.00
06/30/26 US TREASURY N/B
DTD 06/30/2023 3.750% 06/30/2030
06/30/26 91282CHJ3 0.00 16,875.00 16,875.00
Transaction Type Sub-Total 0.00 111,199.15 111,199.15

PAYDOWNS
06/25/26 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
06/01/26 3137HBC69 1,043.94 1,043.94 0.00 1,043.94 0.01 0.00 06/25/26 FHMS K074 A2
DTD 03/01/2018 3.600% 01/01/2028
06/01/26 3137F4D41 897.85 897.85 0.00 897.85 30.34 14.98 06/25/26 FHMS K124 A1
DTD 02/01/2021 0.964% 08/01/2030
06/01/26 3137F9CR0 9,184.78 9,184.78 0.00 9,184.78 612.08 558.03 06/25/26 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
06/01/26 3137HAD45 8,667.85 8,667.85 0.00 8,667.85 0.22 0.09 06/25/26 FNA 2018-M2 A2
DTD 02/01/2018 3.026% 01/01/2028
06/01/26 3136B0YM2 597.40 597.40 0.00 597.40 16.94 10.27 06/25/26 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
06/01/26 3136BQDE6 32.26 32.26 0.00 32.26 0.55 0.24
Transaction Type Sub-Total 20,424.08 20,424.08 0.00 20,424.08 660.14 583.61 PFM Asset Management, a division of Account 97480000 Page 28 U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending June 30, 2026 CITY OF YORBA LINDA - 97480000
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
SELL
06/01/26 PACCAR FINANCIAL CORP
DTD 02/05/2026 3.900% 02/05/2029
05/29/26 69371RU38 125,000.00 124,253.75 1,570.83 125,824.58 (693.75) (699.35) FIFO 06/02/26 US TREASURY N/B
DTD 06/02/2025 3.875% 05/31/2027
06/01/26 91282CNE7 275,000.00 274,860.35 58.23 274,918.58 (150.39) (145.76) FIFO 06/02/26 CREDIT AGRICOLE CIB NY
DTD 02/05/2024 4.760% 02/01/2027
06/01/26 22536DWD6 365,000.00 366,435.95 5,646.55 372,082.50 1,435.95 1,435.95 FIFO 06/02/26 US TREASURY N/B
DTD 06/01/2020 0.500% 05/31/2027
06/01/26 912828ZS2 225,000.00 217,529.30 6.15 217,535.45 18,738.28 787.86 FIFO 06/02/26 US TREASURY N/B
DTD 05/31/2022 2.625% 05/31/2027
06/01/26 91282CET4 390,000.00 385,033.59 55.94 385,089.53 9,750.00 961.63 FIFO 06/05/26 HERSHEY COMPANY (CALLABLE)
DTD 02/24/2025 4.750% 02/24/2030
06/04/26 427866BL1 200,000.00 202,034.00 2,665.28 204,699.28 2,386.00 2,303.52 FIFO 06/08/26 ADOBE INC (CALLABLE)
DTD 02/03/2020 2.300% 02/01/2030
06/05/26 00724PAD1 230,000.00 212,855.80 1,866.19 214,721.99 (1,842.30) (3,052.48) FIFO 06/16/26 US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2031
06/15/26 91282CKN0 355,000.00 361,614.65 2,096.96 363,711.61 (416.01) (377.19) FIFO 06/26/26 AMERICAN HONDA FINANCE
DTD 07/10/2024 4.900% 07/09/2027
06/25/26 02665WFK2 240,000.00 241,130.40 5,455.33 246,585.73 (2,179.20) (109.14) FIFO 06/26/26 AMERICAN HONDA FINANCE
DTD 07/10/2024 4.900% 07/09/2027
06/25/26 02665WFK2 110,000.00 110,518.10 2,500.36 113,018.46 660.00 569.46 FIFO Transaction Type Sub-Total 2,515,000.00 2,496,265.89 21,921.82 2,518,187.71 27,688.58 1,674.50 Managed Account Sub-Total (202,242.11) 128,163.21 (74,078.90) 28,348.72 2,258.11 Total Security Transactions ($202,242.11) $128,163.21 ($74,078.90) $28,348.72 $2,258.11 PFM Asset Management, a division of Account 97480000 Page 29 U.S. Bancorp Asset Management, Inc.

CITY CLERK'S OFFICE
DATE: SEPTEMBER 15, 2026
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: MARCIA BROWN, CMC, CITY CLERK
SUBJECT: ADOPT RESOLUTION NO. 2026-6006 AMENDING THE CONFLICT OF

INTEREST CODE

RECOMMENDATION
Adopt Resolution No. 2026-6006 amending the Conflict of Interest Code.

DISCUSSION
The Political Reform Act (Act) requires every local government agency to adopt a Conflict of Interest Code (Code) that obligates officials and employees who make governmental decisions to disclose their financial interests. To help identify potential conflicts of interest, the law requires public officials and employees in Conflict of Interest Code positions to report their financial interests on a Statement of Economic Interest Form (Form 700).

The Act requires every local agency to review its Code at least every even-numbered year to ensure it remains current and accurate.

The City Clerk and City Attorney’s office have reviewed the Conflict of Interest Code and recommended that the Appendix to the Code be amended. The amendment adds two new designated positions: Deputy City Manager and Director of Human Resources & Innovation.

ATTACHMENTS

1. Resolution No. 2026-6006

2. CIC Appendix 2026 Legislative Version

RESOLUTION NO. 2026-6006

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

YORBA LINDA, CALIFORNIA, APPROVING AND

ADOPTING AN AMENDED CONFLICT OF INTEREST

CODE AND APPENDIX TO THE CONFLICT OF INTEREST

CODE PURSUANT TO THE POLITICAL REFORM ACT OF
1974
WHEREAS, the Legislature of the State of California enacted the Political Reform Act of 1974, Government Code Section 81000 et seq. (the "Act"), which contains provisions relating to conflicts of interest potentially affecting all officers, employees and consultants of the City of Yorba Linda (the “City”), and which requires all public agencies to adopt and promulgate a conflict of interest code;
WHEREAS, the City Council adopted a Conflict of Interest Code (the "Code") in 1980 and most recently amended it on September 17, 2024 in compliance with the Act; WHEREAS, Section 87306 of the Act requires the City to amend its Conflict of Interest Code when circumstances change, such as when the City creates new employee positions which must be designated in the Code pursuant to Section 87302(a) of the Act, or eliminates positions which had previously been designated in the Code in compliance with the Act;
WHEREAS, the City has added two positions since the Code was last amended; WHEREAS, the potential penalties for violation of the provisions of the Act are substantial and may include criminal and civil liability, as well as equitable relief, which could result in the City being restrained or prevented from acting in cases where the provisions of the Act may have been violated;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Yorba Linda as follows:

Section 1. The City Council does hereby approve and adopt the amended Conflict of Interest Code and Appendix to the City’s Conflict of Interest Code, a copy of which is attached hereto and shall be on file with the City, and available to the public for inspection and copying during regular business hours.

Section 2. The said amended Conflict of Interest Code and Appendix of the Conflict of Interest Code shall become effective thirty (30) days after the date of its adoption and approval.

RESOLUTION NO. 2026-6006
PAGE NO. 2
PASSED, ADOPTED AND APPROVED at a regular meeting of the City Council of the City of Yorba Linda on this 15th day of September 2026. ________________________________

CARLOS RODRIGUEZ, MAYOR

CITY OF YORBA LINDA
ATTEST:
______________________________

MARCIA BROWN, CITY CLERK

CITY OF YORBA LINDA
APPROVED AS TO FORM:

RUTAN & TUCKER LLP
______________________________

CITY ATTORNEY

STATE OF CALIFORNIA )
ss.

COUNTY OF ORANGE )
I, MARCIA BROWN, City Clerk of the City of Yorba Linda, California, DO HEREBY CERTIFY that the foregoing Resolution was adopted at a regular meeting of the City Council of the City of Yorba Linda held on the 15th day of September, 2026, and was carried by the following roll call vote:

AYES: COUNCILMEMBERS:

NOES: COUNCILMEMBERS:

ABSENT: COUNCILMEMBERS:
_____________________________

MARCIA BROWN, CITY CLERK

CITY OF YORBA LINDA

A-1

APPENDIX

CONFLICT OF INTEREST CODE
OF THE

CITY OF YORBA LINDA
(Amended September 15, 2026)
EXHIBIT “A”
The Mayor, Members of the City Council and Planning Commission, the City Manager, the City Attorney, the City Treasurer, and all Other City Officials who manage public investments as defined by 2 Cal. Code of Regs. § 18701(b), are NOT subject to the City’s Code, but are subject to the disclosure requirements of the Act. (Government Code Section 87200 et seq.). [Regs. § 18730(b)(3)]

OFFICIALS WHO MANAGE PUBLIC INVESTMENTS
It has been determined that the positions listed below are officials who manage public investments1. These positions are listed here for informational purposes only.

Finance Director
Financial Consultants

1 Individuals holding one of the above-listed positions may contact the FPPC for assistance or written advice regarding their filing obligations if they believe that their position has been categorized incorrectly. The FPPC makes the final determination whether a position is covered by § 87200.

A-2

DESIGNATED POSITIONS

GOVERNED BY THE CONFLICT OF INTEREST CODE
DESIGNATED EMPLOYEES’

TITLE OR FUNCTION

DISCLOSURE CATEGORIES

ASSIGNED
Accountant 4, 6
Administrative Assistant II 5
Administrative Services Director 1, 2
Assessment District Superintendent 2, 3, 5
Assistant City Clerk 5
Assistant City Engineer 2, 3, 5, 6
Assistant City Manager 1, 2
Assistant Civil Engineer 2, 3, 5, 6
Assistant Engineer 2, 3, 5, 6
Assistant Library Director 5
Assistant Planner 2, 3, 5, 6
Assistant to the City Manager 4
Associate Planner 1, 2
Building Inspector 6
Building Official 5, 6
City Attorney (Not filing under Gov. Code §87200) 1, 2
City Clerk 5

A-3
DESIGNATED EMPLOYEES’

TITLE OR FUNCTION

DISCLOSURE CATEGORIES

ASSIGNED
Communications Coordinator 5
Communications Specialist 5
Community Development Director 1, 2
Community Preservation Officer 6
Deputy City Manager 1, 2
Director of Human Resources & Innovation 1, 2
Engineering Aide 5, 6
Facilities Maintenance Technician 5
Financial Services Manager 4
Economic Development Manager 1, 2
Geographic Information System Analyst 5, 6
Information Technology Analyst 5
Information & Technology Services Manager 5
Landscape Inspector 6
Library Director 5
Library Services Manager (All Depts/Divisions) 5
Maintenance Contract Administrator 5
Management Analyst/Communications 5
Management Information Services Manager 5
Parks and Facilities Manager 3, 5
Parks and Recreation Superintendent 3, 5

A-4
DESIGNATED EMPLOYEES’

TITLE OR FUNCTION

DISCLOSURE CATEGORIES

ASSIGNED
Parks and Recreation Director 1, 2
Parks Maintenance Supervisor 5
Plan Check Engineer 5, 6
Planning Manager 2, 3, 5, 6
Principal Civil Engineer 2, 3, 5, 6
Principal Management Analyst 2, 3, 5, 6
Principal Planner 2, 3, 5, 6
Public Information Officer 5
Public Works Director/City Engineer 2, 3, 5, 6
Public Works Inspector (ALL) 6
Public Works Superintendent 2, 3, 5
Recreation Coordinator 5
Recreation Supervisor 5
Senior Building Inspector 5, 6
Senior Building Permit Technician 5
Senior Community Preservation Officer 6
Senior Landscape Inspector 5, 6
Senior Management Analyst 5
Senior Office Assistant-CDBG 5
Senior Planner 2, 3, 5, 6
Senior Public Works Inspector 5, 6

A-5
DESIGNATED EMPLOYEES’

TITLE OR FUNCTION

DISCLOSURE CATEGORIES

ASSIGNED
Traffic Engineering Manager 2, 3, 5, 6

MEMBERS OF BOARDS,

COMMITTEES AND COMMISSIONS
Library Commission 5
Parks and Recreation Commission 1, 2
Traffic Commission 1, 2
Consultant 2

2 Consultants shall be included in the list of Designated Employees and shall disclose pursuant to the broadest disclosure category in this Code subject to the following limitation:

The City Manager may determine in writing that a particular consultant, although a “designated position,” is hired to perform a range of duties that are limited in scope and thus is not required to fully comply with the disclosure requirements described in this Section. Such written determination shall include a description of the consultant’s duties and, based upon that description, a statement of the extent of disclosure requirements. The City Manager’s determination is a public record and shall be retained for public inspection in the same manner and location as this Conflict of Interest Code.

A-6
EXHIBIT “B”

DISCLOSURE CATEGORIES
The disclosure categories listed below identify the types of investments, business entities, sources of income, including gifts, loans and travel payments, or real property which the Designated Employee must disclose for each disclosure category to which he or she is assigned.

Category 1: All investments and business positions and sources of income, including gifts, loans and travel payments, that are located in, do business in or own real property within the jurisdiction of the City.

Category 2: All interests in real property which is located in whole or in part within, or not more than two (2) miles outside, the jurisdiction of the City.

Category 3: All investments and business positions and sources of income, including gifts, loans and travel payments, that are engaged in land development, construction or the acquisition or sale of real property within the jurisdiction of the City.

Category 4: All investments and business positions and sources of income, including gifts, loans and travel payments, that provide services, supplies, materials, machinery, vehicles or equipment of a type purchased or leased by the City.

Category 5: All investments and business positions and sources of income, including gifts, loans and travel payments, that provide services, supplies, materials, machinery, vehicles or equipment of a type purchased or leased by the Designated Employee’s department, unit or division.

Category 6: All investments and business positions and sources of income, including gifts, loans and travel payments, subject to the regulatory, permit, or licensing authority of the Designated Employee’s department, unit or division.

PUBLIC WORKS DEPARTMENT
DATE: SEPTEMBER 15, 2026
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: JAMIE LAI, P.E. PUBLIC WORKS DIRECTOR / CITY ENGINEER PREPARED BY: REGINA HU, P.E. PRINCIPAL CIVIL ENGINEER
SUBJECT: APPROVE THE STORMWATER MAINTENANCE AGREEMENT WITH

FRIENDSHIP BAPTIST CHURCH

RECOMMENDATION
Approve the Stormwater Maintenance Agreement with Friendship Baptist Church for APNs 322-173-04 and 322-173-07.

SUMMARY
This agreement requires the property owner to maintain two bioretention basins for filtering stormwater runoff and allows the City to access the facilities when necessary.

DISCUSSION
Friendship Baptist Church recently completed construction of a 19,000-square-foot multipurpose building and a 455-space parking lot at 17145 Bastanchury Road. These improvements added paved areas that increase stormwater runoff and the Church was required to build two bioretention basins to capture and filter runoff through rocks, sand, and plant roots before it is released into the public storm drain system.

The recommended agreement requires Friendship Baptist Church to maintain the stormwater facilities and allows the City to access them when necessary. Public Works inspected the stormwater facilities before closing the applicable permits.

Because Water Quality Management Plans are routine and mandated by State law, Public Works will return to the City Council with a recommendation to delegate authority for approving future plans and agreements to the City Manager.

FISCAL IMPACT
None.

F R I E N D S H I P B A P T I S T C H U R C H S T O R M W A T E R A G R E E M E N T P a g e | 2

ALTERNATIVES
Do not approve the recommendation and provide alternative direction.

ATTACHMENTS

1. Vicinity Map

2. Water Quality Management Plan and Stormwater BMP Maintenance and Right-of-Way Agreement

City of Yorba Linda
Public Works
9/15/2026
ATTACHMENT 1
Vicinity Map
Source: City of Yorba Linda, 2026 Vicinity Sites Page 220 of 403

EXHIBIT A

THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF YORBA

LINDA, COUNTY OF ORANGE, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS:

BEING A PORTION OF LOTS 23 THROUGH 36 IN BLOCK 18, A PORTION OF LOTS 1 THROUGH 48 IN BLOCK 17 AND A PORTION OF LOTS 25 THROUGH 31 IN BLOCK 16, MAP ON FILE IN BOOK 29, PAGES 9 AND 10 OF MISCELLANEOUS RECORDS OF

LOS ANGELES COUNTY, CALIFONIA, ALONG WITH THAT PORTION OF THE EAST

HALF OF FOURTH STREET, THAT PORTION OF THIRD STREET AND THAT

PORTION OF LOS ANGELES STREET VACATED AND ABANDONED BY
INSTRUMENT RECORDED JULY 10, 1953 IN BOOK 2536, PAGE 441 OF OFFICIAL

RECORDS OF ORANGE COUNTY, CALIFORNIA MORE PARTICULARLY
DESCRIBED AS FOLLOWS:

BEGINNING AT THE SOUTHEAST CORNER OF LOT 31 OF SAID BLOCK 16; THENCE NORTH 89 DEGREES 43 MINUTES 13 SECONDS WEST ALONG THE NORTH LINE OF BASTANCHURY ROAD, SAID NORTH LINE BEING 50.00 FEET

NORTHERLY AND PARALLEL WITH THE CENTERLINE OF BASTANCHURY ROAD, A DISTANCE OF 865.25 FEET TO A POINT ON THE FORMER CENTERLINE OF FOURTH STREET; THENCE NORTH 00 DEGREES 29 MINUTES 10 SECONDS EAST ALONG THE FORMER CENTERLINE OF FOURTH STREET, A DISTANCE OF 489.76 FEET TO APOINT ON THE SOUTHWESTERLY LINE OF IMPERIAL HIGHWAY; THENCE SOUTH 60 DEGREES 30 MINUTES 07 SECONDS EAST ALONG SAID SOUTHWESTERLY LINE, A DISTANCE OF 989.39 FEET TO THE NORTHEAST CORNER OF LOT 31 IN SAID BLOCK 16; THENCE SOUTH 00 DEGREES 29 MINUTES 09 SECONDS WEST ALONG THE EAST LINE OF SAID LOT 31, A DISTANCE OF 6.79 FEET TO THE POINT OF BEGINNING.

SAID DESCRIPTION IS MADE PURSUANT TO LOT LINE ADJUSTMENT NO. 97-03, RECORDED JULY 7, 1998, AS INSTRUMENT NO. 19980432634 OF OFFICIAL RECORDS.

APN: 322-173-04, 322-173-07

BASTANCHURY ROAD

IMPERIAL HIGHWAY
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GRAPHIC SCALE
SCALE 1"=20'
02/09/2026
"EXHIBIT B"
BASIN 1 BASIN 2

ADMINISTRATION DEPARTMENT
DATE: SEPTEMBER 15, 2026
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: PETER GRANT, CITY MANAGER
SUBJECT: APPROVE RESOLUTION NO. 2026-6007 FINDING THAT CITY-OWNED

PROPERTY IS EXEMPT SURPLUS LAND

RECOMMENDATION
Approve Resolution No. 2026-6007, finding that City-owned property (APNs 322-412-01, 323-151-02, 323-161-05, 323-161-07, and 323-161-09) is exempt surplus land.

SUMMARY
The City owns 27 acres north of Bastanchury Avenue and south of Lakeview Avenue, known as the West Bastanchury Site, which is subject to deed restrictions that do not allow housing.

Because housing is prohibited, the property qualifies as exempt surplus land. The Resolution authorizes the City to submit this determination to the State to ensure compliance with the Surplus Land Act while preserving flexibility for future decision-making and public engagement. It does not authorize sale, lease, development, or any specific future use and is only the first step in a transparent and collaborative process to engage the community to help define and shape what might become of the Site.

DISCUSSION
Property Overview
The City acquired the Site in two phases, the first in December 1996 and the second in April 2005. To date, the site remains undeveloped.

APPROVE RESOLUTION NO. 2026-6007 FINDING THAT CITY-OWNED PROPERTY IS

EXEMPT SURPLUS LAND
P a g e | 2
Legal Use Restrictions
When the City acquired the Site, it agreed to certain deed restrictions that expressly prohibit housing but allow for “public uses" including:
● Child and/or Adult Day Care Facility ● Fire Facilities ● City Hall Facility ● Library
● Civic Center Buildings ● Museum
● City Vehicle and Equipment Storage ● Police Facilities ● Community Center ● Post Office
● Community Garden ● Private or Public High School
● Recreational and Athletic Facilities, including but not limited to one or more of the following: parks; playgrounds; baseball fields and facilities; football fields and facilities; golf facilities; indoor and/or outdoor recreational courts, rinks and facilities for basketball, volleyball, tennis, paddle tennis, racquetball, squash, handball, ice hockey, roller hockey, ice skating, skateboarding, gymnastics, flying disc golf, swimming and aquatics, lawn bowling, and bicycling, and ancillary facilities related to the above.

History of Use Exploration
The City has explored “public use” options several times, including a lease to develop a private high school, but the Site remains undeveloped.

Surplus Land Act
Under the Surplus Land Act, cities must offer surplus property for affordable housing opportunities unless an exemption applies. Government Code §54221(f)(l)(J)(i) provides an exemption when legally binding restrictions prohibit housing, as is the case with the West Bastanchury Site.

The exemption determination process includes:
1) City Council adoption of a resolution declaring the exemption 2) Submitting the resolution to HCD; and
3) HCD review and confirmation within 30 days
The Resolution
The recommended Resolution does not authorize sale, lease, development, or any specific future use. It ensures compliance with State law and preserves flexibility for future community engagement and decision-making.

APPROVE RESOLUTION NO. 2026-6007 FINDING THAT CITY-OWNED PROPERTY IS

EXEMPT SURPLUS LAND
P a g e | 3
Community Engagement
Last week the City held a community conversation meeting at Lakeview Elementary School to connect with the neighborhood surrounding the Site and the community at-large. The goal of this transparent and collaborative process is to engage the community to help define and shape what might become of the Site. A short presentation and information stations provided details about the Site’s history and the City’s community engagement process. Meeting materials have been posted to the City’s website and interested residents can subscribe to updates to receive notifications and learn about upcoming public engagement opportunities.

If the State approves the recommended Resolution, the City Council will consider a plan for additional community engagement at an upcoming meeting. The next steps in engaging the community are expected in early 2027, after the year-end holiday season.

FISCAL IMPACT
None

ALTERNATIVES
Do not approve the resolution and provide alternative direction.

ATTACHMENTS

1. Resolution No. 2026-6007 – A Resolution of the City Council of the City of Yorba Linda, California, finding that certain City-owned real property is exempt surplus land pursuant to Government Code Section 54221.

RESOLUTION NO. 2026-6007

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

YORBA LINDA, CALIFORNIA, FINDING THAT CERTAIN

CITY-OWNED REAL PROPERTY IS EXEMPT SURPLUS

LAND PURSUANT TO GOVERNMENT CODE SECTION
54221
WHEREAS, the City of Yorba Linda ("City") is a municipal corporation exercising governmental functions and powers, organized and existing under the laws of the State of California; and
WHEREAS, the City owns in fee simple certain real property, commonly referred to as the "West Bastanchury Property" which consists of approximately twenty seven (27) acres as described in Attachment 1 and depicted in Attachment 2, both incorporated herein by reference (the "Property"). The City purchased the Property in two phases with the first purchase being of the "Main Property" and the second purchase being the "Tank Farm Property" as defined below. The Orange County APNs for the Property are 322-412-01, 323-151-02, 323-161-05, 323-161-07, and 323-161-09; and WHEREAS, the Surplus Land Act, Government Code sections 54220 et seq. (as amended, the "Act") applies when a local agency disposes of "surplus land," as that term is defined in Government Code section 54221; and
WHEREAS, the Property is "surplus land" under the Act because it is land owned in fee simple by the City and is not necessary for the City's use; and WHEREAS, pursuant to the Act in Government Code section 54221(f)(1)(J), "exempt surplus land" includes property that is subject to a valid legal restriction that is not imposed by the local agency and that makes housing prohibited, unless there is a feasible method to satisfactorily mitigate or avoid the prohibition on the site"; and WHEREAS, the City obtained an option to purchase the entirety of the Property pursuant to an Option Agreement dated December 31, 1996 (attached hereto as Attachment 3 and incorporated herein), and a First Amendment to Option Agreement dated April 5, 2005 (attached hereto as Attachment 4 and incorporated herein); and WHEREAS, the Option Agreement includes an Exhibit F that outlines the "Public Uses" that are allowed on the Property. The Option Agreement also includes an Exhibit D that is draft Agreement for Purchase and Sale of Real Property and Escrow Instructions that includes the requirement in Recital D that the City agrees to use the Property for one or more of the "Public Uses" set forth in Exhibit F of the Option Agreement; and WHEREAS, the Public Uses listed in Exhibit F of the Option Agreement include:
• Child and/or Adult Day Care Facility
• City Hall Facility
• Civic Center Buildings
ATTACHMENT 1

RESOLUTION NO. 2026-6007
PAGE NO. 2
• City Vehicle and Equipment Storage
• Community Center
• Community Garden
• Fire Facilities
• Library
• Museum
• Police Facilities
• Post Office
• Private High School
• Public High School
• Recreational and Athletic Facilities, including but not limited to one or more of the following: parks; playgrounds; baseball fields and facilities; football fields and facilities; golf facilities; indoor and/or outdoor recreational courts, rinks and facilities for basketball, volleyball, tennis, paddle tennis, racquetball, squash, handball, ice hockey, roller hockey, ice skating, skateboarding, gymnastics, flying disc golf, swimming and aquatics, lawn bowling, and bicycling: and ancillary facilities related to the above; and
WHEREAS, housing is not one of the allowed Public Uses on the Property and is prohibited; and
WHEREAS, the City purchased 19.37 acres of the Property (the "Main Property") pursuant to an Agreement for Purchase and Sale of Real Property and Escrow Instructions dated April 16, 2002 (attached hereto as Attachment 5 and incorporated herein) that states in Recital D that the City agrees to use the Main Property for one or more of the Public Uses set forth in Exhibit F of the Purchase and Sale Agreement which is identical to Exhibit F in the Option Agreement. Furthermore in Exhibit G (at Section 2 and Schedule 1) of the Purchase and Sale Agreement it imposes a restrictive covenant on the Property that says that the Property can only be used by the City for one or more of the Public Uses; and WHEREAS, the City purchased the remaining 7.58 acres of the Property (the "Tank Farm Property") pursuant to an Agreement for Purchase and Sale of Real Property and Escrow Instructions dated June 5, 2007 (attached hereto as Attachment 6 and incorporated herein) that states in Recital E that the City agrees to use the Tank Farm Property for one or more of the Public Uses set forth in Exhibit F of the Purchase and Sale Agreement which is identical to Exhibit F in the Option Agreement. Furthermore in Exhibit G (at Section 2) of the Purchase and Sale Agreement it imposes a restrictive

RESOLUTION NO. 2026-6007
PAGE NO. 3
covenant on the Property that says that the Property can only be used by the City for one or more of the Public Uses; and
WHEREAS, the covenants, restrictions, or other conditions on the Property are not rendered void and unenforceable by any other law, including, but not limited to Section 714.6 of the Civil Code and therefore Government Code section 54221(f)(1)(J)(iii)(II) is inapplicable; and
WHEREAS, there is not a feasible method to satisfactorily mitigate or avoid the prohibition that prevents residential uses on the Property included in the Option Agreement or the two Purchase and Sale Agreements; and
WHEREAS, as further contained in Section 54221(f)(2), to be considered exempt surplus land under Government Code section 54221(f)(1)(J) that does not require a notice of availability for open space purposes be sent pursuant to Government Code section 54222(b) prior to disposition, the property must not be (i) within a coastal zone, (ii) adjacent to a historical unit of the State Parks System, (iii) listed on, or determined by the State Office of Historic Preservation to be eligible for, the National register of Historic Place, or (iv) within the Lake Tahoe region as defined in Section 66905.5; and WHEREAS, while pre-adoption review of a local agency's resolution finding land to be exempt surplus land under the Act is encourage but not required, a copy of the Resolution was submitted to the Public Lands team at the Department of Housing and Community Development ("HCD") on or about April 1, 2026, and a response from HCD was received on or about May 14, 2026, advising that the draft Resolution meets the requirements for an exemption and requesting a copy of the adopted Resolution once available for HCD to provide a findings letter; and
WHEREAS, the City Council desires to declare the Property as "exempt surplus land" consistent with and in compliance with the Act and that a copy of this Resolution be transmitted to HCD at least thirty (30) days prior to disposition, per HCD Guidelines; and WHEREAS, the City Council believes that the sale of the Property is for the common benefit of the City and its residents, and in accord with the public purposes and provisions of applicable State and local law requirements.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF YORBA LINDA DOES FIND, DETERMINE, AND RESOLVE AS FOLLOWS:

Section 1. The foregoing recitals are true and correct and incorporated herein by reference in full.

Section 2. The City Council hereby finds and declares that the Property is no longer necessary for the City's use and is surplus land as defined in California Government Code section 54221.

Section 3. The City Council hereby finds and declares that the Property is exempt surplus land pursuant to Government Code section 54222(f)(1)(J)(i) because it is surplus land that is subject to a valid legal restriction that is not imposed by the local agency and

RESOLUTION NO. 2026-6007
PAGE NO. 4
that makes housing prohibited. Pursuant to Government Code section 54222(f)(1)(J)(ii)(I), valid legal restrictions include, "Existing constraints under ownership rights or contractual rights or obligations that prevent the use of the property for housing, if the rights or obligations were agreed to prior to September 30, 2019." The Option Agreement, First Amendment to Option Agreement, and the two Agreements for Purchase and Sale of Real Property and Escrow Instructions are valid legal restrictions agreed to prior to September 30, 2019, and are attached hereto as Attachments 3, 4, 5, and 6. In the Option Agreement and Purchase and Sale Agreements the City agrees to use the Property for one or more of the "Public Uses" included in Exhibit F of the Option Agreement and the Purchase and Sale Agreements and housing is not an allowed use. There is not a feasible method to satisfactorily mitigate or avoid the prohibition of housing on the Property. Furthermore, the covenants, restrictions, or other conditions on the Property are not rendered void and unenforceable by any other law, including, but not limited to Section 714.6 of the Civil Code and therefore Government Code section 54221(f)(1)(J)(iii)(II) is inapplicable Section 4. The City Council finds and declares that the Property is not (i) within a Coastal Zone, (ii) adjacent to a historical unit of the State Parks System, (iii) listed on, or determined by the State Office of Historic Preservation to be eligible for, the National Register of Historic Places, or (iv) within the Lake Tahoe region as defined in Section 66905.5, and therefore no notice of availability of the Property for open space purposes is required pursuant to Government Code section 54221(f)(2).

Section 5. The City Council hereby finds that this Resolution has been reviewed with respect to the applicability of the California Environmental Quality Act (Public resources Code section 21000 et seq., "CEQA"). Designation of the Property as exempt surplus land does not have the potential for creating a significant effect on the environment and is therefore exempt from further review under CEQA pursuant to CEQA Guidelines section 15060(c)(3), because it is not a project as defined by the CEGA Guidelines section 15378.

Adoption of this Resolution does not have the potential for resulting in either a direct physical change in the environment or a reasonably foreseeable indirect physical change in the environment. Furthermore, this Resolution is exempt from CEQA pursuant to CEQA Guidelines section 15312 because it is the disposition of surplus government not located in an area of statewide, regional, or areawide concern identified in Section 15206(b)(4). Also, this Resolution is exempt from CEQA pursuant to CEQA Guidelines section 15312(b)(3) because the use of the Property and the adjacent property has not changed since the time of purchase by the City.

Section 6. The City Council hereby authorizes the City Manager or Designee to send a notice of exemption determination to the California Department of Housing and Community Development ("HCD") pursuant to Section 400(e) of the Surplus Land Act Guidelines, and to communicate with HCD regarding the City's declaration that the Land is "exempt surplus land."
Section 7. Any proposed agreement for the disposition of the Property shall be subject to the approval of the City Council.

RESOLUTION NO. 2026-6007
PAGE NO. 5
Section 8. All portions of this Resolution are severable. If any section, subsection, sentence, clause, phrase, or portion of this Resolution is for any reason held invalid or unconstitutional, such decision shall not affect the validity of the remaining portions of this Resolution.

Section 9. The Resolution shall become effective upon its adoption.

PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Yorba Linda on this 15th day of September 2026.

CARLOS RODRIGUEZ, MAYOR

CITY OF YORBA LINDA
ATTEST:

MARCIA BROWN, CITY CLERK

CITY OF YORBA LINDA
APPROVED AS TO FORM:

RUTAN & TUCKER, LLP

CITY ATTORNEY

STATE OF CALIFORNIA )
ss.

COUNTY OF ORANGE )
I, MARCIA BROWN, City Clerk of the City of Yorba Linda, California, DO HEREBY CERTIFY that the foregoing Resolution was adopted at a regular meeting of the City Council of the City of Yorba Linda held on the 15th day of September 2026, and was carried by the following roll call vote:

AYES: COUNCILMEMBERS:

NOES: COUNCILMEMBERS:

ABSENT: COUNCILMEMBERS:

MARCIA BROWN, CITY CLERK

CITY OF YORBA LINDA

ADMINISTRATION DEPARTMENT
DATE: SEPTEMBER 15, 2026
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: PETER GRANT, CITY MANAGER
SUBJECT: APPROVE A SIDE LETTER WITH THE YORBA LINDA CHAPTER OF THE ORANGE COUNTY CITY EMPLOYEES’ ASSOCIATION REGARDING

HOLIDAY HOURS ASSIGNED TO PERMANENT PART-TIME EMPLOYEES

RECOMMENDATION
Approve a side letter with the Yorba Linda Chapter of the Orange County City Employees’ Association regarding holiday hours assigned to permanent part-time employees.

DISCUSSION
The recommended agreement clarifies the application of Article XXI (Holidays) of the Memorandum of Understanding (MOU) for permanent part-time (PPT, 30-hour) employees.

The MOU is effective from July 1, 2024, through June 30, 2027.

The clarification follows several meet-and-confer sessions held in 2025, culminating in consensus on December 8, 2025.

Like other miscellaneous employees, PPT employees receive a nine-hour floating holiday on July 1 of each fiscal year. When a scheduled holiday falls on a PPT employee’s regular day off and is converted to floating holiday hours, the employee will be credited with seven hours of floating holiday time. Previously, the City-Association practice had been to provide PPT employees with six hours of floating holiday time.

All other terms and conditions of the MOU remain unchanged. The Side Letter is valid for the duration of the MOU and will carry forward unless renegotiated, modified, or rescinded by mutual written agreement.

FISCAL IMPACT
The cost of the side letter is approximately $1,100 annually and will increase overtime with employee wages.

ALTERNATIVES
Do not approve the recommendation and provide alternative direction.

SIDE LETTER WITH OCEA
P a g e | 2

ATTACHMENTS

1. Side Letter Agreement between the City of Yorba Linda and the Yorba Linda Chapter of the Orange County Employees’ Association

SIDE LETTER AGREEMENT BETWEEN

THE CITY OF YORBA LINDA
AND
THE YORBA LINDA CHAPTER OF THE ORANGE COUNTY EMPLOYEES’

ASSOCIATION (OCEA)
This Side Letter of Agreement (“Side Letter”) is entered into by and between the City of Yorba Linda (“City” or “Employer”) and the Yorba Linda Chapter of the Orange County Employees Association (“OCEA” or “Association”), on behalf of the Yorba Linda Miscellaneous Employees Association (collectively, “the Parties”).

WHEREAS, the Parties are currently bound by a Memorandum of Understanding in effect from July 1, 2024 through June 30, 2027 (“MOU”); and WHEREAS, the Parties met and conferred in good faith, in compliance with the Meyers-Milias-Brown Act (Government Code section 3500, et seq.), regarding the application of Article XXI, Holidays, of the MOU to permanent part-time (“PPT,” 30-hour) employees; and
WHEREAS, Article XXI, Holidays, of the MOU provides, in relevant part:
“(1) Lincoln’s Birthday has been changed to the employee’s birthday, which may be used at any time during the fiscal year,”
and
“(4) If a scheduled holiday otherwise falls on an employee’s regularly scheduled day off, the holiday hours will be converted to floater hours and may be taken at any time during the fiscal year,”
and is silent as to the number of holiday hours to be assigned to a Permanent PartTime employee under subsections (1) and (4); and WHEREAS, following several meet and confer sessions held in 2025, through and including December 8, 2025, between representatives of the City and the Association, the Parties reached agreement on clarifying practices; and NOW, THEREFORE, the Parties agree to modify the status quo terms of the MOU as follows:

1. The City and OCEA agree to clarify Article XXI, Holidays, Subsection (1), of the MOU: The floating holiday granted in place of Lincoln’s Birthday shall be credited to all Miscellaneous employees, including Permanent Part-Time (30- hour) employees, as a nine (9) hour floating holiday on July 1 of each fiscal year. This clarification does not otherwise alter an employee’s ability to use the floating holiday hours at any time during the fiscal year.

2. The City and OCEA agree to clarify Article XXI, Holidays, Subsection (4), of the MOU: when a scheduled holiday otherwise falls on a Permanent Part-Time

employee’s regularly scheduled day off, and the holiday hours are converted to floating holiday hours, the Permanent Part-Time employee shall be credited with seven (7) hours of floating holiday time.

3. Except as specifically amended by this Side Letter, all other terms and conditions of the MOU between the Parties shall remain unchanged and in full force and effect.

4. This Side Letter shall remain valid for the duration of the current MOU and shall carry forward into future MOUs unless expressly renegotiated, modified, or rescinded by mutual written agreement of the Parties.

5. This Side Letter Agreement shall be effective July 1, 2026.

IN WITNESS WHEREOF, the Parties have caused this Side Letter to be executed by their authorized representatives on the dates below.

City of Yorba Linda: OCEA:

BY ______________________________
City Manager
Dated: ______________________
BY ______________________________
Senior Labor Relations Representative
Dated: ______________________

PLANNING COMMISSION | AGENDA ITEM SUMMARY
MEETING DATE | AUGUST 26, 2026
Community Development Department
Planning Division
Community Development Director
Nate Farnsworth

4.1 APPROVAL OF JULY 29, 2026, PLANNING COMMISSION MEETING MINUTES A motion by Commissioner Bernstein, second by Chair Pro Tem Goldfarb, to approve the minutes as drafted. The motion carried (3-0-1-1) with the following roll call vote:

AYES: Bernstein, Chavez Marquez, Goldfarb
NOES: None
ABSENT: Behura
ABSTAIN: Masterson

7.1 CONDITIONAL USE PERMIT 2026-12 – PILATES ADDICTION
PROPERTY ADDRESS: 20517 YORBA LINDA BOULEVARD
Commissioner Behura arrived at 6:34pm.

A request to operate a commercial recreation use (a pilates fitness studio) within an existing 1,737 square foot tenant suite.

A motion by Commissioner Behura, second by Commissioner Bernstein, adopting Resolution No. 5680 approving Conditional Use Permit 2026-12 Pilates Addiction, subject to attached conditions.

The motion carried (5-0) with the following roll call vote:

Speakers in favor: 0
Speakers in opposition: 0
AYES: Behura, Bernstein, Chavez Marquez, Goldfarb, Masterson NOES: None
ABSENT: None
ABSTAIN: None

7.2 CONDITIONAL USE PERMIT 2026-08 – WHITENER
PROPERTY ADDRESS: 27165 BIG HORN MOUNTAIN WAY
A request to construct a new two-story single-family residence on an existing vacant lot, with a new 7,036 square foot two-story residence in addition to a total garage area of 778 square feet, the area of second story construction within seventy feet (70’) of another residence.

A motion by Commissioner Bernstein, second by Commissioner Behura, adopting Resolution No. 5681 approving Conditional Use Permit 2026-08 Whitener, subject to attached conditions. The motion carried (5-0) with the following roll call vote:

Speakers in favor: 0
Speakers in opposition: 0
AYES: Behura, Bernstein, Chavez Marquez, Goldfarb, Masterson NOES: None
ABSENT: None
ABSTAIN: None

7.3 TENTATIVE TRACT MAP 19472, DESIGN REVIEW 2026-02 OLSON URBAN HOUSING, LLC PROPERTY ADDRESS: 4742 PLUMOSA DRIVE
A request to subdivide a 1.62-acre site and to construct a gated residential condominium community consisting of 28 detached three-story market-rate units and 2 attached two-story units reserved for very low-income households.

A motion by Commissioner Bernstein, second by Commissioner Behura, adopting Resolution No. 5682 approving Tentative Tract Map 19472, and by minute motion, Design Review 2026-02 Olson Urban Housing, LLC with modified conditions. The motion carried (5-0) with the following roll call vote:

Speakers in favor: 0
Speakers in opposition: 0
AYES: Behura, Bernstein, Chavez Marquez, Goldfarb, Masterson NOES: None
ABSENT: None
ABSTAIN: None

7.4 TENTATIVE TRACT MAP 19468, CONDITIONAL USE PERMIT 2025-64, DESIGN REVIEW 2025-19 AND VARIANCE 2026-02 - SHEA HOMES
PROPERTY ADDRESS: 18101, 18141, 18203, AND 18231 BASTANCHURY ROAD A request to consolidate and subdivide a 19.6-acre site into 82 single-family lots and develop 82 detached, two-story, market-rate homes. The project includes two ungated access points on Bastanchury Road and the removal of an existing driveway on the north side of the Plumosa Drive and Bastanchury Road intersection. The request also includes reduced front, side, and rear setbacks for certain lots within the development for the properties.

A motion by Commissioner Behura, second by Commissioner Chavez Marquez, adopting Resolution No. 5683 approving Tentative Tract Map 19468, adopting Resolution No. 5684 approving Conditional Use Permit 2025-64, approving by minute motion Design Review 2025-19, and adopting Resolution No. 5685 approving Variance 2026-02 Shea Homes with modified conditions. The motion carried (5-0) with the following roll call vote:

Speakers in favor: 1
Speakers in opposition: 0
AYES: Behura, Bernstein, Chavez Marquez, Goldfarb, Masterson NOES: None
ABSENT: None
ABSTAIN: None
Adjournment: The meeting adjourned at 10:40 p.m. to September 23, 2026, Planning Commission meeting at 6:30 p.m.

CITY CLERK'S OFFICE
DATE: SEPTEMBER 15, 2026
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: MARCIA BROWN, CMC, CITY CLERK
SUBJECT: CITY COUNCIL COMMITTEE AND AGENCY REPORTS

RECOMMENDATION
Receive and file this report.

DISCUSSION
City Council members serve on a number of outside committees and agencies. Attached are updates received recently from these agencies.

ATTACHMENTS

1. Reports from City Council Organizations, Agencies and Committees

Transportation Corridor Agencies
For the August 13, 2026, Meeting

BOARD MEETING HIGHLIGHTS

F/ETCA BOARD OF DIRECTORS
Patricia Kelley, Chair,

MISSION VIEJO
Scott Voigts, Vice Chair,

LAKE FOREST
Natalie Meeks,

ANAHEIM
Mike Frost,

DANA POINT
William Go,
IRVINE
Denis Bilodeau,
ORANGE
Anthony Beall,

RANCHO SANTA MARGARITA
John Taylor,

SAN JUAN CAPISTRANO
David Penaloza,

SANTA ANA
Ray Schnell,
TUSTIN
Peggy Huang,

YORBA LINDA
Donald P. Wagner,
COUNTY OF ORANGE, 3RD DIST.

Doug Chaffee,
COUNTY OF ORANGE, 4TH DIST.

Katrina Foley,
COUNTY OF ORANGE, 5TH DIST.

Lan Zhou, Ex Officio Member,
CALTRANS DIST. 12

SJHTCA BOARD OF DIRECTORS
Stephanie Oddo, Chair,

LAGUNA NIGUEL
David Penaloza, Vice Chair,

SANTA ANA
Tim Zandbergen,

ALISO VIEJO
John Stephens,

COSTA MESA
Mike Frost,

DANA POINT
William Go,
IRVINE
Erica Pezold,

LAGUNA HILLS
Cynthia Conners,

LAGUNA WOODS
Patricia Kelley,

MISSION VIEJO
Robyn Grant,

NEWPORT BEACH
John Taylor,

SAN JUAN CAPISTRANO
Donald P. Wagner,
COUNTY OF ORANGE, 3RD DIST.

Katrina Foley,
COUNTY OF ORANGE, 5TH DIST.

Lan Zhou, Ex Officio Member,
CALTRANS DIST. 12
73/133/241/261 TOLL ROADS
FISCAL YEAR 2026 STRATEGIC PLAN UPDATE
The San Joaquin Hills Transportation Corridor Agency (SJHTCA) and the Foothill/ Eastern Transportation Corridor Agency (F/ETCA) Boards of Directors received an update on the Agencies’ Strategic Plan activities through Fiscal Year 2026, which ended June 30. The activities adopted in the Strategic Plan are on track, with initiatives progressing in line with original expectations envisioned in the plan to meet the Agencies’ goals and objectives.

Key accomplishments included:
• Strengthened financial position through completion of planned early debt paydowns through FY26, reducing future debt service by approximately $1.9 billion, and adoption of a Pension Funding Policy to address any future unfunded pension liabilities.
• Advanced environmental stewardship efforts across approximately 2,100 acres of conservation land, including habitat management, wildfire risk reduction initiatives and continued planning for additional wildlife protection fencing along The Toll Roads.
• Expanded public outreach and environmental education through community programs, guided tours, digital engagement and enhanced communications highlighting TCA’s initiatives and conservation efforts. • Enhanced customer service and operational efficiency through continued investment in customer-facing technologies and expansion of public-sector partnerships with the San Diego Association of Governments and the Capital Area Regional Tolling Authority.
• Advanced innovation and tolling technology initiatives, including ongoing testing of connected vehicle and blockchain technologies designed to improve interoperability, security and operational efficiency as well as implementation of safety features associated with wrong-way driving. • Progressed key capital improvement projects, including major milestones for the 241/91 Express Connector Project, while advancing planning and environmental work for the SR 241 Loma Segment Improvements and SR 73 Catalina View Improvements.
• Strengthened regional mobility partnerships through adoption of the Regional Mobility Partnerships Policy, establishing a framework for evaluating transportation funding requests from member agencies. 241/91 EXPRESS CONNECTOR PROJECT—CONSTRUCTION BID PHASE The Boards received an update on the 241/91 Express Connector Project, a regionally significant transportation improvement that will provide a direct connection between the 241 Toll Road and the 91 Express Lanes. Through the Construction Cooperative agreement, F/ETCA is funding the efforts of the California Department of Transportation (Caltrans) to advertise, award, and administer the construction contract. As part of the construction bid phase, Caltrans advertised the project in May 2026, with six competitive bids submitted in July 2026, marking a major milestone toward the start of construction. The lowest bid, submitted by Security Paving Inc., came in at $269 million, which is below the engineer’s estimate and is within the project funding authorized by the Board.

Caltrans is currently conducting its due diligence of bids prior to awarding the construction contract. Following award, the construction contract is expected to begin by the end of 2026, allowing the F/ETCA with Caltrans and partner agencies to move the long-awaited regional mobility project one step closer to serving motorists throughout Orange and Riverside counties. Page 402 of 403
ANNUAL INVESTMENT PORTFOLIO REVIEW FISCAL YEAR 2026
The annual investment review, conducted by the Agencies’ investment advisor, Chandler Asset Management, detailed the Agencies’ investment portfolios for Fiscal Year 2026 (FY26).

In FY26, the Agencies’ combined $1.8 billion portfolio earned $66.4 million in interest, and portfolio returns exceeded assigned benchmarks for the fiscal year ending June 30, 2026. The Agencies’ flexible investment strategies have enabled the portfolios to take action prior to the Federal Reserve lowering interest rates, locking in higher-yielding securities. The portfolio also reflects the Agencies’ strong fiscal management practices and provides the ability for early bond paydown, cash-funded capital programs, and maintains adequate reserves for future uncertainties.

CHIEF EXECUTIVE OFFICER UPDATES
CEO Ryan Chamberlain provided an update on a new wrong-way driver prevention initiative completed in partnership with Caltrans. Eight new flashing LED Wrong-Way signs were installed at key ramp locations along the 241 Toll Road to enhance driver awareness and improve roadway safety. The project reflects the agencies’ ongoing collaboration to identify and implement proactive safety improvements throughout The Toll Roads system.

In addition, CEO Chamberlain highlighted TCA’s participation in the WTS Orange County Transportation Academy, which provides college students with firsthand exposure to careers in transportation. During the program, students toured the 241 Toll Road, learned about TCA’s tolling operations, environmental programs and agency history, and participated in a discussion with senior staff. Chamberlain noted that programs like the Transportation Academy help support the future transportation workforce by connecting students with industry leaders and career opportunities in the field.

CEO Chamberlain closed out his update by requesting the meeting be adjourned in memory of Paul Bopp, a longtime member of TCA’s consultant team who passed away recently. Chamberlain recognized Bopp’s more than two decades of service to the Agencies, noting that his expertise, leadership and commitment to innovation helped shape many of the projects and initiatives that have contributed to the success of The Toll Roads. On behalf of TCA, he extended condolences to Bopp’s family, friends and colleagues.