HomeMy WebLinkAbout2025/02/19 - Regular Meeting Agenda PacketCITY COUNCIL VISION STATEMENT
“Our Vision is to create an equitable, sustainable, and vibrant city, rich in opportunity for
all to thrive by building on our foundation and success as a world class community.”
Page 1
Mayor
L. Dennis Michael
Mayor Pro Tem
Lynne B. Kennedy
Members of the City
Council:
Ryan A. Hutchison
Kristine D. Scott
Ashley Stickler
CITY OF RANCHO CUCAMONGA
REGULAR MEETING AGENDA
February 19, 2025
10500 Civic Center Drive
Rancho Cucamonga, CA 91730
FIRE PROTECTION DISTRICT BOARD – CITY COUNCIL
HOUSING SUCCESSOR AGENCY- SUCCESSOR AGENCY –
PUBLIC FINANCE AUTHORITY
CLOSED SESSION
REGULAR MEETINGS
TAPIA CONFERENCE ROOM
COUNCIL CHAMBERS
4:30 P.M.
7:00 P.M.
The City Council meets regularly on the first and third Wednesday of the month at 7:00 p.m. in the Council Chambers
located at 10500 Civic Center Drive. It is the intent to conclude the meeting by 10:00 p.m. unless extended by the
concurrence of the City Council. Agendas, minutes, and recordings of meetings can be found
at https://www.cityofrc.us/your-government/city-council-agendas or by contacting the City Clerk Services Department
at 909-774-2023. Live Broadcast available on Channel 3 (RCTV-3). For City Council Rules of Decorum refer to
Resolution No. 2023-086.
Any documents distributed to a majority of the City Council regarding any item on this agenda after distribution of the
agenda packet will be made available in the City Clerk Services Department during normal business hours at City Hall
located at 10500 Civic Center Drive, Rancho Cucamonga, CA 91730. In addition, such documents will be posted on
the City’s website at https://www.cityofrc.us/your-government/city-council-agendas.
CLOSED SESSION – 4:30 P.M.
TAPIA CONFERENCE ROOM
ROLL CALL: Mayor Michael
Mayor Pro Tem Kennedy
Council Members Hutchison, Scott and Stickler
A.ANNOUNCEMENT OF CLOSED SESSION ITEM(S)
B.PUBLIC COMMUNICATIONS ON CLOSED SESSION ITEM(S)
C.CITY MANAGER ANNOUNCEMENTS
CITY COUNCIL VISION STATEMENT
“Our Vision is to create an equitable, sustainable, and vibrant city, rich in opportunity for
all to thrive by building on our foundation and success as a world class community.”
Page 2
D.CONDUCT OF CLOSED SESSION
D1. CONFERENCE WITH LABOR NEGOTIATORS ROBERT NEIUBER, SENIOR HUMAN RESOURCES
DIRECTOR, PETER CASTRO, DEPUTY CITY MANAGER/ADMINISTRATIVE SERVICES, MATT BURRIS,
DEPUTY CITY MANAGER/ECONOMIC AND COMMUNITY DEVELOPMENT AND JULIE SOWLES, DEPUTY
CITY MANAGER OF COMMUNITY PROGRAMS; PER GOVERNMENT CODE SECTION 54954.2
REGARDING LABOR NEGOTIATIONS WITH THE RANCHO CUCAMONGA CITY EMPLOYEES’
ASSOCIATION (RCCEA) AND TEAMSTERS LOCAL 1932. (CITY)
D2. CONFERENCE WITH LEGAL COUNSEL – PENDING LITIGATION PURSUANT TO PARAGRAPH (1) OF
SUBDIVISION (D) OF GOVERNMENT CODE SECTION 54956.9; NAME OF CASE: CITY OF RANCHO
CUCAMONGA V. THM ENTERPRISES, LLC, SBSC CASE NO.: CIVSB2115208. (CITY)
D3. CONFERENCE WITH REAL PROPERTY NEGOTIATORS PER GOVERNMENT CODE SECTION 54956.8
FOR PROPERTY IDENTIFIED AS PARCEL NUMBER 0229-012-08-0000 COMMONLY KNOWN AS
ADDRESS 8434 ROCHESTER AVENUE, RANCHO CUCAMONGA, CA 91730; NEGOTIATING PARTIES
MATT MARQUEZ, DIRECTOR OF ECONOMIC DEVELOPMENT, REPRESENTING THE CITY OF RANCHO
CUCAMONGA, AND RICHARD LEE, REPRESENTING CBRE GROUP, INC., REGARDING PRICE AND
TERMS. (CITY)
D4. CONFERENCE WITH REAL PROPERTY NEGOTIATORS PER GOVERNMENT CODE SECTION 54956.8
FOR PROPERTY AT 8730 KING RANCH ROAD, PORTIONS OF PARCEL NUMBER 0200-051-48-0000, AND
0200-051-49-0000; NEGOTIATING PARTIES JOHN GILLISON, CITY MANAGER REPRESENTING THE CITY
OF RANCHO CUCAMONGA, AND JONATHON KING, PROPERTY OWNER; REGARDING PRICE AND
TERMS. (CITY)
D5. CONFERENCE WITH REAL PROPERTY NEGOTIATORS PER GOVERNMENT CODE SECTION 54956.8
FOR PROPERTY IDENTIFIED AS PARCEL NUMBERS 1089-593-01-0000 COMMONLY KNOWN AS
ADDRESS 7150 ETIWANDA, RANCHO CUCAMONGA, CA 91730; NEGOTIATING PARTIES MATT BURRIS,
DEPUTY CITY MANAGER ECONOMIC AND COMMUNITY DEVELOPMENT, REPRESENTING THE CITY OF
RANCHO CUCAMONGA, AND ANTONIO GONZALEZ, PRESIDENT, REPRESENTING ETIWANDA
HISTORIC SOCIETY, REGARDING PRICE AND TERMS. (CITY)
E.RECESS
CITY COUNCIL VISION STATEMENT
“Our Vision is to create an equitable, sustainable, and vibrant city, rich in opportunity for
all to thrive by building on our foundation and success as a world class community.”
Page 3
REGULAR MEETING – 7:00 P.M.
COUNCIL CHAMBERS
PLEDGE OF ALLEGIANCE
ROLL CALL: Mayor Michael
Mayor Pro Tem Kennedy
Council Members Hutchison, Scott and Stickler
A.AMENDMENTS TO THE AGENDA
B.ANNOUNCEMENTS / PRESENTATIONS
C.PUBLIC COMMUNICATIONS
This is the time and place for the general public to address the Fire Protection District, Housing
Successor Agency, Successor Agency, Public Financing Authority Board, and City Council on any
item listed or not listed on the agenda. State law prohibits us from addressing any issue not on the
Agenda. Testimony may be received and referred to staff or scheduled for a future meeting.
Comments are to be limited to three (3) minutes per individual. All communications are to be addressed
directly to the Fire Board, Agencies, Successor Agency, Authority Board, or City Council not to the members
of the audience. This is a professional business meeting and courtesy and decorum are expected. Please
refrain from any debate between audience and speaker, disorderly or boisterous conduct that disturbs,
disrupts, or otherwise impedes the orderly conduct of the meeting. For more information, refer to the City
Council Rules of Decorum and Order (Resolution No. 2023-086) located in the back of the Council
Chambers.
The public communications period will not exceed one hour prior to the commencement of the
business portion of the agenda. During this one hour period, all those who wish to speak on a topic
contained in the business portion of the agenda will be given priority, and no further speaker cards for these
business items (with the exception of public hearing items) will be accepted once the business portion of the
agenda commences. Any other public communications which have not concluded during this one hour period
may resume after the regular business portion of the agenda has been completed.
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CITY COUNCIL VISION STATEMENT
“Our Vision is to create an equitable, sustainable, and vibrant city, rich in opportunity for
all to thrive by building on our foundation and success as a world class community.”
Page 4
CONSENT CALENDARS:
The following Consent Calendar items are expected to be routine and noncontroversial. They will be acted upon
without discussion unless an item is removed by Council Member for discussion.
Members of the City Council also sit as the Fire Board, Housing Successor Agency, Successor Agency, and
Public Finance Authority and may act on the consent calendar for those bodies as part of a single motion with
the City Council consent calendar.
D.CONSENT CALENDAR
D1. Consideration to Approve the Minutes of the Adjourned Regular Meetings of February 4, 2025
D2. Consideration to Approve City and Fire District Bi-Weekly Payroll in the Total Amount of $4,878,650.99 and City
and Fire District Weekly Check Registers (Excluding Checks Issued to Southern California Gas Company) in
the Total Amount of $6,068,051.50 Dated January 23, 2025 Through February 09, 2025. (CITY/FIRE)
D3. Consideration to Approve City and Fire District Weekly Check Registers for Checks Issued to Southern
California Gas Company in the Total Amount of $29,258.38 Dated January 23, 2025, Through February 09,
2025. (CITY/FIRE)
D4. Consideration to Receive and File Current Investment Schedules as of December 31, 2024 for the City of
Rancho Cucamonga and the Rancho Cucamonga Fire Protection District. (CITY/FIRE)
D5. Consideration to Declare Surplus for Retired Computer, Monitors, Laptops, iPhones, and iPads, Deemed No
Longer Needed, Obsolete or Unusable as Surplus. (CITY)
D6. Consideration to Approve a Sole-Source Agreement with Media Control Systems, Inc. in the Amount of $53,100
for the Replacement of Existing Broadcast Media Equipment Supporting the Council Chambers, and to
Authorize the Appropriation of Funds for the Project. (CITY)
D7. Consideration of a Contract with Roadway Engineering & Construction Corp., in the Amount of $386,270 Plus
10% Contingency for the Haven Avenue Sidewalk Improvement Project From Merlot Court to Wilson Avenue
(Project). This Project is Exempt From the Requirements of the California Environmental Quality Act (CEQA)
per Government Code Section 15301 – Existing Facilities. (CITY)
D8. Consideration to Accept Grant Revenue from the Edward Byrne Memorial Justice Assistance Grant Funds
(JAG) For Fiscal Grant Year 2024 in the Amount of $38,032 to Purchase PSVN Equipment and to Authorize the
Appropriation of Funds for the Purchase of PSVN Equipment. (CITY)
D9. Consideration to Approve the Final Map of Tract 20566, an Improvement Agreement, Improvement Securities
for Public Improvements, and a Resolution Ordering the Annexation to Landscape Maintenance District No. 9
Related to Case No. SUBTT20566, Located on the Southeast Corner of Etiwanda Avenue and Highland
Avenue. Per a California Environmental Quality Act (CEQA) Section 15183 Compliance Memorandum Dated
August 2023, the Project was Found to Be Within the Scope of the Project Covered by an Environmental Impact
Report Certified by City Council on December 15, 2021 (State Clearinghouse SCH#2021050261) and Does Not
Raise or Create New Environmental Impacts. (RESOLUTION NO. 2025-002) (CITY)
D10. Consideration of a Resolution Dedicating a Portion of City-Owned Property Located North of Foothill Boulevard
approximately 725 Feet East of Grove Avenue for Public Use and Consideration to Accept All Street
Improvements as Complete, File the Notice of Completion and Authorize Release of Retention and Bonds for
the West Foothill Boulevard Street Improvements Project. This Project is Exempt from the requirements of the
California Environmental Quality Act (CEQA) per Government Code Section 15301 – Existing Facilities.
(RESOLUTION NO. 2025-003) (CITY)
E.CONSENT CALENDAR ORDINANCE(S) - SECOND READING/ADOPTION
6
12
31
33
104
108
127
132
134
142
CITY COUNCIL VISION STATEMENT
“Our Vision is to create an equitable, sustainable, and vibrant city, rich in opportunity for
all to thrive by building on our foundation and success as a world class community.”
Page 5
F.ADMINISTRATIVE HEARING ITEM(S)
G.ADVERTISED PUBLIC HEARINGS ITEM(S) - CITY/FIRE DISTRICT
H.CITY MANAGER'S STAFF REPORT(S)
H1. Quarterly Development Update - Fourth Quarter 2024. (CITY)
H2. Review and Approval of the Third Amendment of Ground Lease between the City of Rancho Cucamonga
(lessor) and the J. Filippi Vintage Co. (lessee). (CITY)
I.COUNCIL BUSINESS
I1. COUNCIL ANNOUNCEMENTS
(Comments to be limited to three minutes per Council Member.)
I2. INTERAGENCY UPDATES
(Update by the City Council to the community on the meetings that were attended.)
J.CITY ATTORNEY ITEMS
K.IDENTIFICATION OF ITEMS FOR NEXT MEETING
L.ADJOURNMENT
CERTIFICATION
I, Linda A. Troyan, MMC, City Clerk Services Director of the City of Rancho Cucamonga, or my designee, hereby certify under penalty
of perjury that a true, accurate copy of the foregoing agenda was posted at least seventy-two (72) hours prior to the meeting per
Government Code 54954.2 at 10500 Civic Center Drive, Rancho Cucamonga, California and on the City's website.
LINDA A. TROYAN, MMC
CITY CLERK SERVICES DIRECTOR
If you need special assistance or accommodations to participate in this meeting, please contact the City Clerk's
office at (909) 774-2023. Notification of 48 hours prior to the meeting will enable the City to make reasonable
arrangements to ensure accessibility. Listening devices are available for the hearing impaired.
159
160
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February 4, 2025 | Fire Protection District, Housing Successor Agency, Successor Agency,
Public Finance Authority and City Council Adjourned Regular Meetings Minutes
City of Rancho Cucamonga | Page 1 of 6
February 4, 2025
CITY OF RANCHO CUCAMONGA
FIRE PROTECTION DISTRICT, HOUSING SUCCESSOR AGENCY, SUCCESSOR AGENCY,
PUBLIC FINANCE AUTHORITY AND CITY COUNCIL ADJOURNED REGULAR MEETINGS
MINUTES
The City Council of the City of Rancho Cucamonga held a Closed Session on Tuesday, February 4,
2025, in the Tapia Conference Room at the Civic Center, 10500 Civic Center Drive, Rancho
Cucamonga, California. Mayor Michael called the meeting to order at 5:00 PM.
Present were Council Members: Ryan Hutchison, Kristine Scott, Ashley Stickler, Mayor Pro Tem
Lynne Kennedy and Mayor L. Dennis Michael.
Also present were: John Gillison, City Manager; Elisa Cox, Assistant City Manager; Nicholas Ghirelli,
City Attorney; Matt Burris, Deputy City Manager/Economic and Community Development , Julie
Sowles, Deputy City Manager of Community Programs and Peter Castro, Deputy City Manager of
Administrative Services.
A.ANNOUNCEMENT OF CLOSED SESSION ITEM(S)
B.PUBLIC COMMUNICATIONS ON CLOSED SESSION ITEM(S)
C.CITY MANAGER ANNOUNCEMENTS
D.CONDUCT OF CLOSED SESSION
D1. CONFERENCE WITH LABOR NEGOTIATORS ROBERT NEIUBER, SENIOR HUMAN
RESOURCES DIRECTOR, PETER CASTRO, DEPUTY CITY
MANAGER/ADMINISTRATIVE SERVICES, JENIFER PHILLIPS, DIRECTOR OF HUMAN
RESOURCES, MATT BURRIS, DEPUTY CITY MANAGER/ECONOMIC AND
COMMUNITY DEVELOPMENT AND JULIE SOWLES, DEPUTY CITY MANAGER OF
COMMUNITY PROGRAMS; PER GOVERNMENT CODE SECTION 54954.2 REGARDING
LABOR NEGOTIATIONS WITH THE RANCHO CUCAMONGA CITY EMPLOYEES’
ASSOCIATION (RCCEA) AND TEAMSTERS LOCAL 1932. (CITY)
D2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS PER GOVERNMENT CODE
SECTION 54956.8 FOR PROPERTY LOCATED AT 12467 BASE LINE ROAD
IDENTIFIED AS PARCEL NUMBERS 1090-331-03-0000, 1090-331-04-0000, 1089-581-
04-0000; NEGOTIATING PARTIES JOHN GILLISON, CITY MANAGER REPRESENTING
THE CITY OF RANCHO CUCAMONGA, JOSEPH FILIPPI, JOSEPH FILIPPI WINERY
AND VINEYARDS, AND MICHAEL RUANE, NATIONAL COMMUNITY RENAISSANCE OF
CALIFORNIA; REGARDING PRICE AND TERMS OF PAYMENT. (CITY)
D3. CONFERENCE WITH LEGAL COUNSEL – PENDING LITIGATION PURSUANT TO
PARAGRAPH (1) OF SUBDIVISION (D) OF GOVERNMENT CODE SECTION 54956.9;
NAME OF CASE: CITY OF RANCHO CUCAMONGA V. THM ENTERPRISES, LLC, SBSC
CASE NO.: CIVSB2115208. (CITY)
Page 6
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City of Rancho Cucamonga | Page 2 of 6
D4. CONFERENCE WITH LEGAL COUNSEL — EXISTING LITIGATION PURSUANT TO
PARAGRAPH (1) OF SUBDIVISION (D) OF SECTION 54956.9; NAME OF CASE:
HIMNEL USA, INC. D/B/A ST. MARY'S MONTESSORI SCHOOL AND GLOBAL
PROPERTY HOLDINGS LLC VS. CITY OF RANCHO CUCAMONGA, SBSC CASE NO.:
CIVDS 2014554. (CITY)
E. RECESS
The closed session recessed at 6:35 p.m.
Page 7
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City of Rancho Cucamonga | Page 3 of 6
ADJOURNED REGULAR MEETINGS – 7:00 PM
CALL TO ORDER – COUNCIL CHAMBERS
The Adjourned Regular meetings of the Rancho Cucamonga Fire Protection District, Housing Successor
Agency, Successor Agency, Public Finance Authority, and the City of Rancho Cucamonga City Council
were held on February 4, 2025, in the Council Chambers at City Hall, located at 10500 Civic Center
Drive, Rancho Cucamonga, California. Mayor Michael called the meeting to order at 7:00 PM.
Present were Council Members: Ryan Hutchison, Kristine Scott, Ashley Stickler, Mayor Pro Tem Lynne
Kennedy and Mayor L. Dennis Michael.
Also present were: John Gillison, City Manager; Nicholas Ghirelli, City Attorney; and Linda A. Troyan,
MMC, City Clerk Services Director.
Council Member Hutchison led the Pledge of Allegiance.
A.AMENDMENTS TO THE AGENDA
None.
B.ANNOUNCEMENTS / PRESENTATIONS
None.
C.PUBLIC COMMUNICATIONS
Heather Polk, Executive Director of the Rancho Cucamonga Chamber of Commerce, promoted the
Rancho Cucamonga Chamber of Commerce 2025 Spring Swing Golf Tournament to be held on May 19,
2025 at Redhill Country Club, and encouraged residents to “Shop RC” by shopping locally.
Osvaldo Diaz, spoke about President Trump’s Department of Government Efficiency (DOGE),
homelessness and shared jokes.
D.CONSENT CALENDAR
Council Member Scott abstained on item D3, due to a potential conflict of interest as her employer is
Southern California Gas Company.
D1. Consideration to Approve the Minutes of the Regular Meetings of January15, 2025.
D2. Consideration to Approve City and Fire District Bi-Weekly Payroll in the Total Amount of
$5,042,060.94 and City and Fire District Weekly Check Registers (Excluding Checks
Issued to Southern California Gas Company) in the Total Amount of $11,683,549.79 Dated
December 19, 2024, Through January 22, 2025. (CITY/FIRE)
D3. Consideration to Approve City and Fire District Weekly Check Registers for Checks Issued
to Southern California Gas Company in the Total Amount of $30,384.00 Dated December
19, 2024, Through January 23, 2025. (CITY/FIRE)
D4. Consideration to Receive and File Annual Commission/Committee/Board Attendance
Report for 2024. (CITY)
Page 8
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City of Rancho Cucamonga | Page 4 of 6
D5. Consideration to Cancel the July 2, 2025 and August 6, 2025 Regular Meetings of the Fire
Protection District, Housing Successor Agency, Successor Agency, Public Financing
Authority, and City Council. (CITY/FIRE)
D6. Consideration to Declare Surplus for Retired Vehicles That Have Been Deemed No Longer
Needed, Obsolete or Unusable as Surplus. (FIRE)
D7. Consideration of Approval to Exercise Option of Extending Contract No. 19 -072 with SMG -
Rancho Cucamonga Premier Food Services LLC Original Agreement by One (1) Year until
May 20, 2026. (CITY)
D8. Consideration of a Contract with Gentry General Engineering, Inc. for the CDBG Concrete
Rehabilitation Project FY 24/25 in an Amount Not to Exceed $419,094.85. (CITY)
D9. Consideration to Approve The use of OMNIA Partners Cooperative Agreement with
Grainger for The Procurement of Maintenance Repair and Operations (MRO) Supplies,
Parts, Equipment, and Materials, and Related Services and Authorize The use of Future
Renewals as Awarded by City of Tucson, to be Funded by Various Account Numbers, in
Accordance with the Adopted Budget. (CITY/FIRE)
D10. Consideration of a Three-Year Professional Services Agreement with Okta, Inc. for Identity
Management, Single Sign-on, and Multi-Factor Authentication Services in the Amount of
$282,782. (CITY/FIRE)
D11. Consideration to Approve the Use of National Association of State Procurement Officials
(NASPO) Value Point Cooperative Agreement with Goodyear Tire & Rubber Company for
the Procurement of Tires, Tubes, and Services for the Remainder of Fiscal Year 2024/25
and Authorize the Use of Future Renewals as Awarded by City of Iowa Department of
Administrative Services (DAS), to be Funded by Various Account Numbers, in Accordance
with the Adopted Budget. (CITY/FIRE)
D12. Consideration of a Maintenance Agreement with Southern California Regional Rail
Authority (SCRRA) Related to Highway-Rail At-Grade Crossings of the Metrolink Rail
Right-of-Way at Hellman Avenue and Archibald Avenue Related to SCRRA's Project No.
462403. (CITY)
D13. Consideration of the Purchase of Irrigation Parts and Supplies on an as Needed Basis from
SiteOne Landscape Supply in an Amount Not to Exceed $170,000 During Annual Year
2025. (CITY)
D14. Consideration of Approval to Adopt an Annexation Map Showing Assessor Parcel Number
0227-051-03, Proposed to be Annexed Into Community Facilities District No. 85 -1;
Approval to Adopt a Resolution of Intention to Annex Territory Referred to as Annexation
No. 25-1 into Community Facilities District No. 85-1; and Set a Time and Place for a Public
Hearing Related to the Annexation. (RESOLUTION NO. FD 2025-001 AND RESOLUTION
NO. FD 2025-002) (FIRE)
MOTION: Moved by Mayor Pro Tem Kennedy, seconded by Council Member Stickler, to approve
Consent Calendar Agenda items D1 through D14, with Council Member/Board Member Scott abstaining
on item D3. Motion carried 5-0.
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City of Rancho Cucamonga | Page 5 of 6
E. CONSENT CALENDAR ORDINANCE(S) - SECOND READING/ADOPTION
None.
F. ADMINISTRATIVE HEARING ITEM(S)
None.
G. ADVERTISED PUBLIC HEARINGS ITEM(S) - CITY/FIRE DISTRICT
None.
H. CITY MANAGER'S STAFF REPORT(S)
None.
I. COUNCIL BUSINESS
I1. Consideration to Approve the Re-appointment of One (1) Existing Member and the
Appointment of One (1) New Member to the Public Art Committee. (CITY)
MOTION: Moved by Council Member Scott, seconded by Council Member Stickler, to approve the re-
appointment of Planning Commissioner Bryan Dopp, and new appointment of Rancho Cucamonga
Community and Arts Foundation Board Member, Tina Gilfry, to the Public Art Committee. Motion carried
5-0.
I2. COUNCIL ANNOUNCEMENTS
Council Member Scott announced February 4th is Transit Equity Day, a day celebrated by OmniTrans
providing free rides in all fixed-route bus services in San Bernardino County in honor of Rosa Parks’
birthday. As a Board Member of the Omnitrans Board of Directors she encouraged the community to
consider riding the bus and thanked Omnitrans staff for the opportunity to enjoy a free bus ride earlier that
day to celebrate Transit Equity Day.
I3. INTERAGENCY UPDATES
None.
J. CITY ATTORNEY ITEMS
City Attorney Ghirelli noted that there was no reportable action taken during Closed Session held earlier
that evening.
K. IDENTIFICATION OF ITEMS FOR NEXT MEETING
None.
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Public Finance Authority and City Council Adjourned Regular Meetings Minutes
City of Rancho Cucamonga | Page 6 of 6
L. ADJOURNMENT
Mayor Michael adjourned the Council Meeting at 7:10 p.m.
Approved:
Linda A. Troyan, MMC
City Clerk Services Director
Page 11
DATE:February 19, 2025
TO:Mayor and Members of the City Council
President and Members of the Board of Directors
FROM:John R. Gillison, City Manager
INITIATED BY:Jevin Kaye, Finance Director
Veronica Lopez, Accounts Payable Supervisor
SUBJECT:Consideration to Approve City and Fire District Bi-Weekly Payroll in the
Total Amount of $4,878,650.99 and City and Fire District Weekly Check
Registers (Excluding Checks Issued to Southern California Gas
Company) in the Total Amount of $6,068,051.50 Dated January 23, 2025
Through February 09, 2025. (CITY/FIRE)
RECOMMENDATION:
Staff recommends City Council/Board of Directors of the Fire Protection District approve payment
of demands as presented. Bi-weekly payroll is $2,676,606.07 and $2,202,044.92 for the City and
the Fire District, respectively. Weekly check register amounts are $5,193,621.56 and
$874,429.94 for the City and the Fire District, respectively.
BACKGROUND:
N/A
ANALYSIS:
N/A
FISCAL IMPACT:
Adequate budgeted funds are available for the payment of demands per the attached listing.
COUNCIL MISSION / VISION / GOAL(S) ADDRESSED:
N/A
ATTACHMENTS:
Attachment 1 - Weekly Check Register
Page 12
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 1 of 18
Company: City of Rancho Cucamonga
Rancho Cucamonga Fire Protection District
Successor Agency to the Redevelopment Agency of the City of Rancho Cucamonga
Payment Date On or After: 01/23/2025
Payment Date On or Before: 02/09/2025
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: C V W D:
01/23/2025
City of Rancho
Cucamonga
450044 01/23/2025 C V W D 37,051.77 0 37,051.77
Supplier Payment: C V W D:
01/23/2025
Rancho
Cucamonga Fire
Protection District
450043 01/23/2025 C V W D 0 850.00 850.00
Supplier Payment: Vista Paint:
01/28/2025
City of Rancho
Cucamonga
450113 01/28/2025 Vista Paint 3,038.35 0 3,038.35
Supplier Payment: Covetrus North
America: 01/28/2025
City of Rancho
Cucamonga
450063 01/28/2025 Covetrus North America 354.42 0 354.42
Supplier Payment: Key Medical
Resources Inc: 01/28/2025
Rancho
Cucamonga Fire
Protection District
450083 01/28/2025 Key Medical Resources Inc 0 135.00 135.00
Supplier Payment: Cobra
Professionals, INC.: 01/28/2025
Rancho
Cucamonga Fire
Protection District
01/28/2025 Cobra Professionals, INC.0 145.40 145.40
Supplier Payment: Red Wing
Business Advantage Account:
01/28/2025
City of Rancho
Cucamonga
450100 01/28/2025 Red Wing Business
Advantage Account
665.79 0 665.79
Supplier Payment: Emergency
Medical Services Authority:
01/28/2025
Rancho
Cucamonga Fire
Protection District
450068 01/28/2025 Emergency Medical
Services Authority
0 854.00 854.00
Supplier Payment: Kvac
Environmental Services Inc:
01/28/2025
City of Rancho
Cucamonga
450084 01/28/2025 Kvac Environmental
Services Inc
1,422.96 0 1,422.96
Supplier Payment: Ccs Orange
County Janitorial Inc: 01/28/2025
City of Rancho
Cucamonga
450059 01/28/2025 Ccs Orange County
Janitorial Inc
73,485.73 0 73,485.73
Supplier Payment: Scott Mcleod
Plumbing Inc: 01/28/2025
City of Rancho
Cucamonga
450102 01/28/2025 Scott Mcleod Plumbing Inc 5,006.00 0 5,006.00
Supplier Payment: Carrot-Top
Industries Inc: 01/28/2025
City of Rancho
Cucamonga
450058 01/28/2025 Carrot-Top Industries Inc 1,323.61 0 1,323.61
Supplier Payment: Graybar Electric
Company Inc: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Graybar Electric Company
Inc
783.36 0 783.36
Supplier Payment: Graceful Animal
Hospital: 01/28/2025
City of Rancho
Cucamonga
450075 01/28/2025 Graceful Animal Hospital 500.00 0 500.00
ATTACHMENT 1
Page 13
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 2 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Bound Tree
Medical Llc: 01/28/2025
Rancho
Cucamonga Fire
Protection District
450056 01/28/2025 Bound Tree Medical Llc 0 1,068.00 1,068.00
Supplier Payment: Aquabio
Environmental Technologies Inc:
01/28/2025
City of Rancho
Cucamonga
450048 01/28/2025 Aquabio Environmental
Technologies Inc
3,485.88 0 3,485.88
Supplier Payment: Citrus Motors
Ontario Inc: 01/28/2025
City of Rancho
Cucamonga
450062 01/28/2025 Citrus Motors Ontario Inc 125.02 0 125.02
Supplier Payment: Procure America
Llc: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Procure America Llc 60,460.56 0 60,460.56
Supplier Payment: Ontario Spay &
Neuter Inc: 01/28/2025
City of Rancho
Cucamonga
450097 01/28/2025 Ontario Spay & Neuter Inc 3,100.00 0 3,100.00
Supplier Payment: American Threat
Assessment Consulting, INC.:
01/28/2025
City of Rancho
Cucamonga
450047 01/28/2025 American Threat
Assessment Consulting,
INC.
220.00 0 220.00
Supplier Payment: Absolute Security
International Inc: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Absolute Security
International Inc
338.05 0 338.05
Supplier Payment: Hill'S Pet Nutrition
Sales Inc: 01/28/2025
City of Rancho
Cucamonga
450077 01/28/2025 Hill'S Pet Nutrition Sales
Inc
1,839.60 0 1,839.60
Supplier Payment: Merrimac
Petroleum Inc: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Merrimac Petroleum Inc 4,022.08 0 4,022.08
Supplier Payment: Nationwide
Premium Holding: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Nationwide Premium
Holding
893.14 0 893.14
Supplier Payment: Victoria Animal
Hospital: 01/28/2025
City of Rancho
Cucamonga
450112 01/28/2025 Victoria Animal Hospital 400.00 0 400.00
Supplier Payment: Developers
Research: 01/28/2025
City of Rancho
Cucamonga
450066 01/28/2025 Developers Research 2,497.50 0 2,497.50
Supplier Payment: Cobra
Professionals, INC.: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Cobra Professionals, INC.334.30 0 334.30
Supplier Payment: Ascent
Environmental Inc: 01/28/2025
City of Rancho
Cucamonga
450050 01/28/2025 Ascent Environmental Inc 11,657.48 0 11,657.48
Supplier Payment: Daisyeco Inc:
01/28/2025
City of Rancho
Cucamonga
450064 01/28/2025 Daisyeco Inc 476.47 0 476.47
Supplier Payment: Environment
Planning Dvmt Solutions: 01/28/2025
Rancho
Cucamonga Fire
Protection District
450070 01/28/2025 Environment Planning
Dvmt Solutions
0 8,105.00 8,105.00
Supplier Payment: Backflow Parts
Usa: 01/28/2025
City of Rancho
Cucamonga
450054 01/28/2025 Backflow Parts Usa 920.02 0 920.02
Supplier Payment: Rdo Equipment
Company: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Rdo Equipment Company 1,311.10 0 1,311.10
Supplier Payment: Paymentus
Corporation: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Paymentus Corporation 1,347.50 0 1,347.50
Page 14
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 3 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Waxie Sanitary
Supply: 01/28/2025
City of Rancho
Cucamonga
450116 01/28/2025 Waxie Sanitary Supply 2,418.43 0 2,418.43
Supplier Payment: Lu'S Lighthouse
Inc: 01/28/2025
City of Rancho
Cucamonga
450085 01/28/2025 Lu'S Lighthouse Inc 2,695.09 0 2,695.09
Supplier Payment: National Cng &
Fleet Service: 01/28/2025
City of Rancho
Cucamonga
450095 01/28/2025 National Cng & Fleet
Service
325.00 0 325.00
Supplier Payment: Siteone
Landscape Supply Llc: 01/28/2025
City of Rancho
Cucamonga
450103 01/28/2025 Siteone Landscape Supply
Llc
4,879.87 0 4,879.87
Supplier Payment: Vendnovation Llc:
01/28/2025
Rancho
Cucamonga Fire
Protection District
450111 01/28/2025 Vendnovation Llc 0 9,900.00 9,900.00
Supplier Payment: Main Street Signs:
01/28/2025
City of Rancho
Cucamonga
450086 01/28/2025 Main Street Signs 97.88 0 97.88
Supplier Payment: Vulcan Materials
Company: 01/28/2025
City of Rancho
Cucamonga
450114 01/28/2025 Vulcan Materials Company 1,415.88 0 1,415.88
Supplier Payment: Odp Business
Solutions Llc: 01/28/2025
City of Rancho
Cucamonga
450096 01/28/2025 Odp Business Solutions Llc 1,806.95 0 1,806.95
Supplier Payment: Fehr & Peers:
01/28/2025
City of Rancho
Cucamonga
01/28/2025 Fehr & Peers 6,815.00 0 6,815.00
Supplier Payment: Vca Central
Animal Hospital: 01/28/2025
City of Rancho
Cucamonga
450110 01/28/2025 Vca Central Animal
Hospital
56.05 0 56.05
Supplier Payment: Hr Green Pacific
Inc: 01/28/2025
City of Rancho
Cucamonga
450080 01/28/2025 Hr Green Pacific Inc 12,687.00 0 12,687.00
Supplier Payment: Consolidated
Electrical Distr Inc: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Consolidated Electrical
Distr Inc
426.19 0 426.19
Supplier Payment: Express Brake
Supply Inc: 01/28/2025
City of Rancho
Cucamonga
450072 01/28/2025 Express Brake Supply Inc 3,437.79 0 3,437.79
Supplier Payment: Cintas
Corporation: 01/28/2025
Rancho
Cucamonga Fire
Protection District
450060 01/28/2025 Cintas Corporation 0 85.06 85.06
Supplier Payment: Environment
Planning Dvmt Solutions: 01/28/2025
City of Rancho
Cucamonga
450069 01/28/2025 Environment Planning
Dvmt Solutions
29,890.10 0 29,890.10
Supplier Payment: Work Boot
Warehouse: 01/28/2025
City of Rancho
Cucamonga
450121 01/28/2025 Work Boot Warehouse 205.54 0 205.54
Supplier Payment: Wilbur-Ellis
Company: 01/28/2025
City of Rancho
Cucamonga
450119 01/28/2025 Wilbur-Ellis Company 9,237.60 0 9,237.60
Supplier Payment: Adapt Consulting
Inc: 01/28/2025
City of Rancho
Cucamonga
450045 01/28/2025 Adapt Consulting Inc 355.58 0 355.58
Supplier Payment: San Bernardino
Cty Fire Department: 01/28/2025
City of Rancho
Cucamonga
450101 01/28/2025 San Bernardino Cty Fire
Department
579.72 0 579.72
Supplier Payment: Advanced
Chemical Transport Inc: 01/28/2025
City of Rancho
Cucamonga
450046 01/28/2025 Advanced Chemical
Transport Inc
675.50 0 675.50
Page 15
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 4 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Ninyo & Moore:
01/28/2025
Rancho
Cucamonga Fire
Protection District
01/28/2025 Ninyo & Moore 0 20,174.50 20,174.50
Supplier Payment: Imperial County
Office Of Education: 01/28/2025
City of Rancho
Cucamonga
450081 01/28/2025 Imperial County Office Of
Education
4,922.68 0 4,922.68
Supplier Payment: Midwest
Veterinary Supply Inc: 01/28/2025
City of Rancho
Cucamonga
450090 01/28/2025 Midwest Veterinary Supply
Inc
38.13 0 38.13
Supplier Payment: Data Ticket Inc:
01/28/2025
City of Rancho
Cucamonga
01/28/2025 Data Ticket Inc 5,533.20 0 5,533.20
Supplier Payment: Archibald Pet
Hospital: 01/28/2025
City of Rancho
Cucamonga
450049 01/28/2025 Archibald Pet Hospital 600.00 0 600.00
Supplier Payment: Westland Group
Inc: 01/28/2025
City of Rancho
Cucamonga
450118 01/28/2025 Westland Group Inc 8,400.00 0 8,400.00
Supplier Payment: Dog Waste Depot:
01/28/2025
City of Rancho
Cucamonga
450067 01/28/2025 Dog Waste Depot 4,932.69 0 4,932.69
Supplier Payment: Tirehub Llc:
01/28/2025
Rancho
Cucamonga Fire
Protection District
450109 01/28/2025 Tirehub Llc 0 1,143.72 1,143.72
Supplier Payment: International Line
Builders Inc: 01/28/2025
City of Rancho
Cucamonga
450082 01/28/2025 International Line Builders
Inc
471,066.52 0 471,066.52
Supplier Payment: Can/Am
Technologies Inc: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Can/Am Technologies Inc 2,375.11 0 2,375.11
Supplier Payment: Bab Steering
Hydraulics Inc: 01/28/2025
Rancho
Cucamonga Fire
Protection District
450053 01/28/2025 Bab Steering Hydraulics
Inc
0 432.03 432.03
Supplier Payment: Holliday Rock Co
Inc: 01/28/2025
City of Rancho
Cucamonga
450079 01/28/2025 Holliday Rock Co Inc 196.11 0 196.11
Supplier Payment: Hi-Way Safety
Inc: 01/28/2025
City of Rancho
Cucamonga
450078 01/28/2025 Hi-Way Safety Inc 10,800.00 0 10,800.00
Supplier Payment: Matthew Bender
& Co Inc: 01/28/2025
City of Rancho
Cucamonga
450088 01/28/2025 Matthew Bender & Co Inc 261.84 0 261.84
Supplier Payment: Fontana Radiator
Service: 01/28/2025
Rancho
Cucamonga Fire
Protection District
450073 01/28/2025 Fontana Radiator Service 0 3,241.92 3,241.92
Supplier Payment: Napa Auto Parts:
01/28/2025
City of Rancho
Cucamonga
01/28/2025 Napa Auto Parts 651.74 0 651.74
Supplier Payment: Ninyo & Moore:
01/28/2025
City of Rancho
Cucamonga
01/28/2025 Ninyo & Moore 2,920.50 0 2,920.50
Supplier Payment: Executive Detail
Services: 01/28/2025
Rancho
Cucamonga Fire
Protection District
450071 01/28/2025 Executive Detail Services 0 400.00 400.00
Supplier Payment: G/M Business
Interiors: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 G/M Business Interiors 234.43 0 234.43
Page 16
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 5 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Pfm Asset
Management Llc: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Pfm Asset Management
Llc
20,324.59 0 20,324.59
Supplier Payment: Dan Guerra &
Associates: 01/28/2025
City of Rancho
Cucamonga
450065 01/28/2025 Dan Guerra & Associates 25,500.00 0 25,500.00
Supplier Payment: Dell Marketing Lp:
01/28/2025
City of Rancho
Cucamonga
01/28/2025 Dell Marketing Lp 20,523.09 0 20,523.09
Supplier Payment: MNS Engineers,
Inc.: 01/28/2025
City of Rancho
Cucamonga
450092 01/28/2025 MNS Engineers, Inc.3,355.00 0 3,355.00
Supplier Payment: Yunex Llc:
01/28/2025
City of Rancho
Cucamonga
01/28/2025 Yunex Llc 14,442.18 0 14,442.18
Supplier Payment: Marisa Maverhan-
Lane: 01/28/2025
City of Rancho
Cucamonga
450087 01/28/2025 Marisa Maverhan-Lane 2,800.00 0 2,800.00
Supplier Payment: Mariposa
Landscapes Inc: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Mariposa Landscapes Inc 9,177.74 0 9,177.74
Supplier Payment: Terra Vista
Animal Hospital: 01/28/2025
City of Rancho
Cucamonga
450108 01/28/2025 Terra Vista Animal Hospital 100.00 0 100.00
Supplier Payment: Westbound
Communications Inc: 01/28/2025
City of Rancho
Cucamonga
450117 01/28/2025 Westbound
Communications Inc
2,912.50 0 2,912.50
Supplier Payment: Aufbau
Corporation: 01/28/2025
City of Rancho
Cucamonga
450052 01/28/2025 Aufbau Corporation 62,005.50 0 62,005.50
Supplier Payment: Mwi Animal
Health: 01/28/2025
City of Rancho
Cucamonga
450094 01/28/2025 Mwi Animal Health 1,582.72 0 1,582.72
Supplier Payment: W-Trans:
01/28/2025
City of Rancho
Cucamonga
450122 01/28/2025 W-Trans 137.50 0 137.50
Supplier Payment: Gentry General
Engineering Inc: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Gentry General
Engineering Inc
6,975.00 0 6,975.00
Supplier Payment: Walters
Wholesale Electric Co: 01/28/2025
City of Rancho
Cucamonga
450115 01/28/2025 Walters Wholesale Electric
Co
358.46 0 358.46
Supplier Payment: Geo Plastics Inc:
01/28/2025
City of Rancho
Cucamonga
450074 01/28/2025 Geo Plastics Inc 5,924.30 0 5,924.30
Supplier Payment: Truepoint
Solutions: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Truepoint Solutions 165.00 0 165.00
Supplier Payment: Life-Assist Inc:
01/28/2025
Rancho
Cucamonga Fire
Protection District
01/28/2025 Life-Assist Inc 0 1,542.67 1,542.67
Supplier Payment: Grainger:
01/28/2025
City of Rancho
Cucamonga
450076 01/28/2025 Grainger 2,087.55 0 2,087.55
Supplier Payment: Mmasc:
01/28/2025
City of Rancho
Cucamonga
450091 01/28/2025 Mmasc 125.00 0 125.00
Supplier Payment: Audienceview
Ticketing Corporation: 01/28/2025
City of Rancho
Cucamonga
450051 01/28/2025 Audienceview Ticketing
Corporation
55,000.00 0 55,000.00
Supplier Payment: Rancho West
Animal Hospital: 01/28/2025
City of Rancho
Cucamonga
450099 01/28/2025 Rancho West Animal
Hospital
200.00 0 200.00
Page 17
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 6 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Boot Barn Inc:
01/28/2025
City of Rancho
Cucamonga
450055 01/28/2025 Boot Barn Inc 1,649.01 0 1,649.01
Supplier Payment: Delta Dental
Insurance Company: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Delta Dental Insurance
Company
1,706.76 0 1,706.76
Supplier Payment: Southern
California Mountains Foundation:
01/28/2025
City of Rancho
Cucamonga
450107 01/28/2025 Southern California
Mountains Foundation
288,897.41 0 288,897.41
Supplier Payment: Circlepoint:
01/28/2025
City of Rancho
Cucamonga
450061 01/28/2025 Circlepoint 645.00 0 645.00
Supplier Payment: Pacific Utility
Installation Inc: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Pacific Utility Installation
Inc
26,725.50 0 26,725.50
Supplier Payment: Onward
Engineering: 01/28/2025
City of Rancho
Cucamonga
450098 01/28/2025 Onward Engineering 29,540.00 0 29,540.00
Supplier Payment: Mcfadden-Dale
Hardware: 01/28/2025
City of Rancho
Cucamonga
450089 01/28/2025 Mcfadden-Dale Hardware 46.55 0 46.55
Supplier Payment: Amazon Web
Services Inc: 01/28/2025
City of Rancho
Cucamonga
01/28/2025 Amazon Web Services Inc 2,375.76 0 2,375.76
Supplier Payment: Sovic Creative:
01/28/2025
City of Rancho
Cucamonga
01/28/2025 Sovic Creative 6,000.00 0 6,000.00
Supplier Payment: Psa Print Group:
01/28/2025
City of Rancho
Cucamonga
01/28/2025 Psa Print Group 161.82 0 161.82
Supplier Payment: Motive Energy
Llc: 01/28/2025
City of Rancho
Cucamonga
450093 01/28/2025 Motive Energy Llc 1,593.54 0 1,593.54
Supplier Payment: Winzer
Corporation: 01/28/2025
Rancho
Cucamonga Fire
Protection District
450120 01/28/2025 Winzer Corporation 0 91.51 91.51
Supplier Payment: Braun Blaising &
Wynne Pc: 01/28/2025
City of Rancho
Cucamonga
450057 01/28/2025 Braun Blaising & Wynne
Pc
1,764.19 0 1,764.19
Supplier Payment: Southern
California Edison - Remit-To: RCMU:
01/28/2025
City of Rancho
Cucamonga
450106 01/28/2025 Southern California Edison 390.29 0 390.29
Supplier Payment: Ninyo & Moore:
01/30/2025
City of Rancho
Cucamonga
01/30/2025 Ninyo & Moore 4,773.00 0 4,773.00
Supplier Payment: Coast Recreation
Inc: 01/30/2025
City of Rancho
Cucamonga
450143 01/30/2025 Coast Recreation Inc 6,200.34 0 6,200.34
Supplier Payment: The Counseling
Team International: 01/30/2025
Rancho
Cucamonga Fire
Protection District
450178 01/30/2025 The Counseling Team
International
0 1,760.00 1,760.00
Supplier Payment: Southern
California Edison: 01/28/2025
Rancho
Cucamonga Fire
Protection District
450126 01/28/2025 Southern California Edison 0 2,009.43 2,009.43
Supplier Payment: C V W D:
01/28/2025
City of Rancho
Cucamonga
450124 01/28/2025 C V W D 39,151.69 0 39,151.69
Page 18
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 7 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Cintas
Corporation: 01/28/2025
Rancho
Cucamonga Fire
Protection District
450123 01/28/2025 Cintas Corporation 0 438.46 438.46
Supplier Payment: C V W D:
01/28/2025
Rancho
Cucamonga Fire
Protection District
450125 01/28/2025 C V W D 0 321.97 321.97
Supplier Payment: Southern
California Edison: 01/28/2025
City of Rancho
Cucamonga
450127 01/28/2025 Southern California Edison 8,608.72 0 8,608.72
Supplier Payment: Southern
California Edison: 01/30/2025
City of Rancho
Cucamonga
450186 01/30/2025 Southern California Edison 19,934.08 0 19,934.08
Supplier Payment: Frontier Comm:
01/30/2025
City of Rancho
Cucamonga
450185 01/30/2025 Frontier Comm 4,960.82 0 4,960.82
Supplier Payment: Frontier Comm:
01/30/2025
Rancho
Cucamonga Fire
Protection District
450184 01/30/2025 Frontier Comm 0 1,041.67 1,041.67
Supplier Payment: Knight Claremont
Inc: 01/29/2025
Rancho
Cucamonga Fire
Protection District
450136 01/29/2025 Knight Claremont Inc 0 59,912.21 59,912.21
Supplier Payment: Pre-Paid Legal
Services Inc: 01/30/2025
City of Rancho
Cucamonga
450170 01/30/2025 Pre-Paid Legal Services
Inc
191.54 0 191.54
Supplier Payment: West Coast
Arborists Inc: 01/30/2025
City of Rancho
Cucamonga
450182 01/30/2025 West Coast Arborists Inc 28,458.28 0 28,458.28
Supplier Payment: Fire Apparatus
Solutions: 01/30/2025
Rancho
Cucamonga Fire
Protection District
450152 01/30/2025 Fire Apparatus Solutions 0 1,146.33 1,146.33
Supplier Payment: Standard
Insurance Company: 01/30/2025
City of Rancho
Cucamonga
450175 01/30/2025 Standard Insurance
Company
2,730.60 0 2,730.60
Supplier Payment: Charter
Communications: 01/30/2025
City of Rancho
Cucamonga
450140 01/30/2025 Charter Communications 8,375.23 0 8,375.23
Supplier Payment: Federal Express
Corp: 01/30/2025
City of Rancho
Cucamonga
450150 01/30/2025 Federal Express Corp 18.25 0 18.25
Supplier Payment: Yunex Llc:
01/30/2025
City of Rancho
Cucamonga
01/30/2025 Yunex Llc 2,887.75 0 2,887.75
Supplier Payment: Open Apps Inc:
01/30/2025
City of Rancho
Cucamonga
450168 01/30/2025 Open Apps Inc 16,823.52 0 16,823.52
Supplier Payment: Vulcan Materials
Company: 01/30/2025
City of Rancho
Cucamonga
450180 01/30/2025 Vulcan Materials Company 118.52 0 118.52
Supplier Payment: Grainger:
01/30/2025
City of Rancho
Cucamonga
450155 01/30/2025 Grainger 3,150.42 0 3,150.42
Supplier Payment: Direct Lighting
Manufacturing: 01/30/2025
City of Rancho
Cucamonga
450147 01/30/2025 Direct Lighting
Manufacturing
4,848.75 0 4,848.75
Page 19
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 8 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Richards Watson
& Gershon: 01/30/2025
Rancho
Cucamonga Fire
Protection District
01/30/2025 Richards Watson &
Gershon
0 1,723.00 1,723.00
Supplier Payment: Richards Watson
& Gershon: 01/30/2025
City of Rancho
Cucamonga
01/30/2025 Richards Watson &
Gershon
4,194.26 0 4,194.26
Supplier Payment: Conor Consulting
Llc: 01/30/2025
City of Rancho
Cucamonga
450144 01/30/2025 Conor Consulting Llc 1,531.25 0 1,531.25
Supplier Payment: Mcmaster-Carr
Supply Company: 01/30/2025
City of Rancho
Cucamonga
450165 01/30/2025 Mcmaster-Carr Supply
Company
355.40 0 355.40
Supplier Payment: 6 Inch Media,
LLC: 01/30/2025
City of Rancho
Cucamonga
01/30/2025 6 Inch Media, LLC 2,500.00 0 2,500.00
Supplier Payment: Four Points By
Sheraton: 01/30/2025
City of Rancho
Cucamonga
450153 01/30/2025 Four Points By Sheraton 3,618.82 0 3,618.82
Supplier Payment: Whittier Fertilizer:
01/30/2025
City of Rancho
Cucamonga
450183 01/30/2025 Whittier Fertilizer 852.06 0 852.06
Supplier Payment: Corona
Firefighters Association: 01/30/2025
Rancho
Cucamonga Fire
Protection District
450146 01/30/2025 Corona Firefighters
Association
0 600.00 600.00
Supplier Payment: Life-Assist Inc:
01/30/2025
Rancho
Cucamonga Fire
Protection District
01/30/2025 Life-Assist Inc 0 339.48 339.48
Supplier Payment: San Bernardino
County: 01/30/2025
Rancho
Cucamonga Fire
Protection District
450171 01/30/2025 San Bernardino County 0 17,631.32 17,631.32
Supplier Payment: Imagetrend Llc:
01/30/2025
Rancho
Cucamonga Fire
Protection District
450160 01/30/2025 Imagetrend Llc 0 747.00 747.00
Supplier Payment: Merrimac
Petroleum Inc: 01/30/2025
Rancho
Cucamonga Fire
Protection District
01/30/2025 Merrimac Petroleum Inc 0 17,554.51 17,554.51
Supplier Payment: Electrical Power
Systems Inc: 01/30/2025
City of Rancho
Cucamonga
450149 01/30/2025 Electrical Power Systems
Inc
3,780.00 0 3,780.00
Supplier Payment: Delta Dental Of
California: 01/30/2025
City of Rancho
Cucamonga
01/30/2025 Delta Dental Of California 46,667.58 0 46,667.58
Supplier Payment: Mwi Animal
Health: 01/30/2025
City of Rancho
Cucamonga
450166 01/30/2025 Mwi Animal Health 28.45 0 28.45
Supplier Payment: Graphics Factory
Printing Inc: 01/30/2025
City of Rancho
Cucamonga
450157 01/30/2025 Graphics Factory Printing
Inc
448.24 0 448.24
Supplier Payment: Cintas
Corporation: 01/30/2025
City of Rancho
Cucamonga
450142 01/30/2025 Cintas Corporation 1,597.74 0 1,597.74
Supplier Payment: Odp Business
Solutions Llc: 01/30/2025
City of Rancho
Cucamonga
450167 01/30/2025 Odp Business Solutions Llc 3,308.08 0 3,308.08
Page 20
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 9 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Hci Environmental
& Engineering Svc: 01/30/2025
City of Rancho
Cucamonga
01/30/2025 Hci Environmental &
Engineering Svc
2,575.00 0 2,575.00
Supplier Payment: Hdl Coren &
Cone: 01/30/2025
City of Rancho
Cucamonga
450158 01/30/2025 Hdl Coren & Cone 5,272.50 0 5,272.50
Supplier Payment: Sylvia A Trujillo:
01/30/2025
City of Rancho
Cucamonga
450177 01/30/2025 Sylvia A Trujillo 1,905.60 0 1,905.60
Supplier Payment: Edgar P Pazmino:
01/30/2025
City of Rancho
Cucamonga
450148 01/30/2025 Edgar P Pazmino 500.00 0 500.00
Supplier Payment: Best Outdoor
Power Inland Llc: 01/30/2025
City of Rancho
Cucamonga
01/30/2025 Best Outdoor Power Inland
Llc
124.69 0 124.69
Supplier Payment: Continental
Girbau West Llc: 01/30/2025
City of Rancho
Cucamonga
450145 01/30/2025 Continental Girbau West
Llc
270.00 0 270.00
Supplier Payment: Scott Mcleod
Plumbing Inc: 01/30/2025
City of Rancho
Cucamonga
450172 01/30/2025 Scott Mcleod Plumbing Inc 4,942.99 0 4,942.99
Supplier Payment: Cintas
Corporation: 01/30/2025
Rancho
Cucamonga Fire
Protection District
450141 01/30/2025 Cintas Corporation 0 58.91 58.91
Supplier Payment: Isimulate:
01/30/2025
Rancho
Cucamonga Fire
Protection District
450161 01/30/2025 Isimulate 0 70.00 70.00
Supplier Payment: Rexel Usa Inc:
01/30/2025
City of Rancho
Cucamonga
01/30/2025 Rexel Usa Inc 209,756.00 0 209,756.00
Supplier Payment: Grainger:
01/30/2025
Rancho
Cucamonga Fire
Protection District
450156 01/30/2025 Grainger 0 283.60 283.60
Supplier Payment: Siteone
Landscape Supply Llc: 01/30/2025
City of Rancho
Cucamonga
450173 01/30/2025 Siteone Landscape Supply
Llc
125,072.74 0 125,072.74
Supplier Payment: Vortex Industries
Llc: 01/30/2025
City of Rancho
Cucamonga
450179 01/30/2025 Vortex Industries Llc 15,401.30 0 15,401.30
Supplier Payment: Stanley Pest
Control: 01/30/2025
City of Rancho
Cucamonga
450176 01/30/2025 Stanley Pest Control 70.00 0 70.00
Supplier Payment: Pacific Utility
Installation Inc: 01/30/2025
City of Rancho
Cucamonga
01/30/2025 Pacific Utility Installation
Inc
678,237.95 0 678,237.95
Supplier Payment: Kingdom
Calibrations Inc: 01/30/2025
Rancho
Cucamonga Fire
Protection District
450163 01/30/2025 Kingdom Calibrations Inc 0 5,497.75 5,497.75
Supplier Payment: Richards Watson
& Gershon: 01/30/2025
City of Rancho
Cucamonga
01/30/2025 Richards Watson &
Gershon
1,074.75 0 1,074.75
Supplier Payment: Ferguson
Enterprises Llc #1350: 01/30/2025
City of Rancho
Cucamonga
450151 01/30/2025 Ferguson Enterprises Llc
#1350
669.90 0 669.90
Supplier Payment: Brodart Co:
01/30/2025
City of Rancho
Cucamonga
450137 01/30/2025 Brodart Co 24,134.92 0 24,134.92
Page 21
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 10 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Fuel Serv:
01/30/2025
City of Rancho
Cucamonga
450154 01/30/2025 Fuel Serv 706.00 0 706.00
Supplier Payment: Southern
California News Group: 01/30/2025
City of Rancho
Cucamonga
450174 01/30/2025 Southern California News
Group
5,944.27 0 5,944.27
Supplier Payment: G/M Business
Interiors: 01/30/2025
City of Rancho
Cucamonga
01/30/2025 G/M Business Interiors 61,963.64 0 61,963.64
Supplier Payment: Ccs Orange
County Janitorial Inc: 01/30/2025
City of Rancho
Cucamonga
450139 01/30/2025 Ccs Orange County
Janitorial Inc
544.05 0 544.05
Supplier Payment: K-K
Woodworking: 01/30/2025
City of Rancho
Cucamonga
450164 01/30/2025 K-K Woodworking 43.06 0 43.06
Supplier Payment: Bernell Hydraulics
Inc: 01/30/2025
Rancho
Cucamonga Fire
Protection District
01/30/2025 Bernell Hydraulics Inc 0 578.49 578.49
Supplier Payment: Idexx Distribution
Inc: 01/30/2025
City of Rancho
Cucamonga
450159 01/30/2025 Idexx Distribution Inc 277.35 0 277.35
Supplier Payment: Kaiser Foundation
Health Plan Inc: 01/30/2025
City of Rancho
Cucamonga
450162 01/30/2025 Kaiser Foundation Health
Plan Inc
294,360.94 0 294,360.94
Supplier Payment: Precision Aerial
Services Inc: 01/30/2025
City of Rancho
Cucamonga
450169 01/30/2025 Precision Aerial Services
Inc
4,827.83 0 4,827.83
Supplier Payment: Calpers Long-
Term Care Program: 01/30/2025
City of Rancho
Cucamonga
450138 01/30/2025 Calpers Long-Term Care
Program
243.50 0 243.50
Supplier Payment: Waxie Sanitary
Supply: 01/30/2025
City of Rancho
Cucamonga
450181 01/30/2025 Waxie Sanitary Supply 13,419.93 0 13,419.93
Supplier Payment: Napa Auto Parts:
01/30/2025
Rancho
Cucamonga Fire
Protection District
01/30/2025 Napa Auto Parts 0 1,458.41 1,458.41
Supplier Payment: Elecnor Belco
Electric Inc: 02/04/2025
City of Rancho
Cucamonga
02/04/2025 Elecnor Belco Electric Inc 29,054.12 0 29,054.12
Supplier Payment: Gentry Brothers
Inc: 02/04/2025
City of Rancho
Cucamonga
02/04/2025 Gentry Brothers Inc 4,275.00 0 4,275.00
Supplier Payment: Chino Mower &
Equipment: 02/04/2025
City of Rancho
Cucamonga
450214 02/04/2025 Chino Mower & Equipment 1,178.96 0 1,178.96
Supplier Payment: EN Engineering,
LLC: 02/04/2025
City of Rancho
Cucamonga
450219 02/04/2025 EN Engineering, LLC 30,150.00 0 30,150.00
Supplier Payment: San Bernardino
County: 02/04/2025
City of Rancho
Cucamonga
450233 02/04/2025 San Bernardino County 15,835.84 0 15,835.84
Supplier Payment: Thompson
Plumbing Supply Inc: 02/04/2025
City of Rancho
Cucamonga
450243 02/04/2025 Thompson Plumbing
Supply Inc
27.67 0 27.67
Supplier Payment: Universal Fleet
Supply: 02/04/2025
Rancho
Cucamonga Fire
Protection District
450247 02/04/2025 Universal Fleet Supply 0 43.83 43.83
Supplier Payment: John A Gilkey:
02/04/2025
City of Rancho
Cucamonga
450227 02/04/2025 John A Gilkey 500.00 0 500.00
Page 22
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 11 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Urban Arena:
02/04/2025
City of Rancho
Cucamonga
450248 02/04/2025 Urban Arena 1,620.00 0 1,620.00
Supplier Payment: West Coast
Arborists Inc: 02/04/2025
City of Rancho
Cucamonga
450256 02/04/2025 West Coast Arborists Inc 58,624.85 0 58,624.85
Supplier Payment: Luke Moyer:
02/04/2025
City of Rancho
Cucamonga
450230 02/04/2025 Luke Moyer 400.00 0 400.00
Supplier Payment: Golden State Risk
Management Authority: 02/04/2025
City of Rancho
Cucamonga
02/04/2025 Golden State Risk
Management Authority
151,173.00 0 151,173.00
Supplier Payment: Yunex Llc:
02/04/2025
City of Rancho
Cucamonga
02/04/2025 Yunex Llc 201,486.69 0 201,486.69
Supplier Payment: Midwest Tape Llc:
02/04/2025
City of Rancho
Cucamonga
02/04/2025 Midwest Tape Llc 1,444.70 0 1,444.70
Supplier Payment: Alta Laguna
Mobile Home Park - Ca Llc:
02/04/2025
City of Rancho
Cucamonga
450208 02/04/2025 Alta Laguna Mobile Home
Park - Ca Llc
400.00 0 400.00
Supplier Payment: Employment
Development Dept: 02/04/2025
City of Rancho
Cucamonga
450218 02/04/2025 Employment Development
Dept
11,800.22 0 11,800.22
Supplier Payment: Auntie M Creative
Consultants Inc: 02/04/2025
City of Rancho
Cucamonga
450210 02/04/2025 Auntie M Creative
Consultants Inc
3,498.76 0 3,498.76
Supplier Payment: Vulcan Materials
Company: 02/04/2025
City of Rancho
Cucamonga
450253 02/04/2025 Vulcan Materials Company 177.78 0 177.78
Supplier Payment: Graves & King
Llp: 02/04/2025
City of Rancho
Cucamonga
02/04/2025 Graves & King Llp 7,592.25 0 7,592.25
Supplier Payment: Vendnovation Llc:
02/04/2025
Rancho
Cucamonga Fire
Protection District
450251 02/04/2025 Vendnovation Llc 0 2,050.00 2,050.00
Supplier Payment: Best Outdoor
Power Inland Llc: 02/04/2025
City of Rancho
Cucamonga
02/04/2025 Best Outdoor Power Inland
Llc
529.32 0 529.32
Supplier Payment: Richards Watson
& Gershon: 02/04/2025
City of Rancho
Cucamonga
02/04/2025 Richards Watson &
Gershon
20,129.10 0 20,129.10
Supplier Payment: South Coast
Aqmd: 02/04/2025
Rancho
Cucamonga Fire
Protection District
450238 02/04/2025 South Coast Aqmd 0 7,571.11 7,571.11
Supplier Payment: Ids Group Inc:
02/04/2025
City of Rancho
Cucamonga
450225 02/04/2025 Ids Group Inc 1,564.40 0 1,564.40
Supplier Payment: Collins & Collins
Llp: 02/04/2025
City of Rancho
Cucamonga
450216 02/04/2025 Collins & Collins Llp 5,898.50 0 5,898.50
Supplier Payment: Unity Courier
Service Inc: 02/04/2025
City of Rancho
Cucamonga
450246 02/04/2025 Unity Courier Service Inc 327.12 0 327.12
Supplier Payment: Can/Am
Technologies Inc: 02/04/2025
City of Rancho
Cucamonga
02/04/2025 Can/Am Technologies Inc 68,640.00 0 68,640.00
Page 23
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 12 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: San Bernardino
County Transportation Authority:
02/04/2025
City of Rancho
Cucamonga
450234 02/04/2025 San Bernardino County
Transportation Authority
1,200.00 0 1,200.00
Supplier Payment: The Remy
Corporation: 02/04/2025
City of Rancho
Cucamonga
450242 02/04/2025 The Remy Corporation 4,950.00 0 4,950.00
Supplier Payment: Odp Business
Solutions Llc: 02/04/2025
City of Rancho
Cucamonga
450232 02/04/2025 Odp Business Solutions Llc 1,172.10 0 1,172.10
Supplier Payment: Graphics Factory
Printing Inc: 02/04/2025
City of Rancho
Cucamonga
450221 02/04/2025 Graphics Factory Printing
Inc
2,517.59 0 2,517.59
Supplier Payment: The Groves On
Foothill: 02/04/2025
City of Rancho
Cucamonga
450241 02/04/2025 The Groves On Foothill 200.00 0 200.00
Supplier Payment: Us Department Of
Energy: 02/04/2025
City of Rancho
Cucamonga
02/04/2025 Us Department Of Energy 8,274.33 0 8,274.33
Supplier Payment: Herc Rentals Inc:
02/04/2025
City of Rancho
Cucamonga
02/04/2025 Herc Rentals Inc 5,027.62 0 5,027.62
Supplier Payment: Jandi Enterprises
Inc: 02/04/2025
City of Rancho
Cucamonga
450226 02/04/2025 Jandi Enterprises Inc 1,000.00 0 1,000.00
Supplier Payment: Sycamore Villa
Mobile Home Park: 02/04/2025
City of Rancho
Cucamonga
450240 02/04/2025 Sycamore Villa Mobile
Home Park
200.00 0 200.00
Supplier Payment: Hi-Line Electric
Company: 02/04/2025
City of Rancho
Cucamonga
450223 02/04/2025 Hi-Line Electric Company 2,698.91 0 2,698.91
Supplier Payment: John Pollard:
02/04/2025
City of Rancho
Cucamonga
450228 02/04/2025 John Pollard 700.00 0 700.00
Supplier Payment: Alta Vista Mobile
Home Park: 02/04/2025
City of Rancho
Cucamonga
450209 02/04/2025 Alta Vista Mobile Home
Park
288.60 0 288.60
Supplier Payment: Casa Volante
Estates: 02/04/2025
City of Rancho
Cucamonga
450212 02/04/2025 Casa Volante Estates 400.00 0 400.00
Supplier Payment: Chaparral Heights
Mobile Home Park: 02/04/2025
City of Rancho
Cucamonga
450213 02/04/2025 Chaparral Heights Mobile
Home Park
200.00 0 200.00
Supplier Payment: Mrc Smart
Technology Solutions: 02/04/2025
City of Rancho
Cucamonga
450231 02/04/2025 Mrc Smart Technology
Solutions
10,616.25 0 10,616.25
Supplier Payment: Califa Group:
02/04/2025
City of Rancho
Cucamonga
450211 02/04/2025 Califa Group 5,396.84 0 5,396.84
Supplier Payment: Frontier Comm:
02/04/2025
City of Rancho
Cucamonga
450220 02/04/2025 Frontier Comm 4,079.27 0 4,079.27
Supplier Payment: Client First
Consulting Group Llc: 02/04/2025
City of Rancho
Cucamonga
450215 02/04/2025 Client First Consulting
Group Llc
185.00 0 185.00
Supplier Payment: Able Building
Maintenance: 02/04/2025
City of Rancho
Cucamonga
450205 02/04/2025 Able Building Maintenance 3,086.00 0 3,086.00
Supplier Payment: Walters
Wholesale Electric Co: 02/04/2025
City of Rancho
Cucamonga
450254 02/04/2025 Walters Wholesale Electric
Co
589.66 0 589.66
Supplier Payment: Dunn-Edwards
Corporation: 02/04/2025
City of Rancho
Cucamonga
02/04/2025 Dunn-Edwards Corporation 567.08 0 567.08
Page 24
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 13 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: ADP, Inc.:
02/04/2025
City of Rancho
Cucamonga
450206 02/04/2025 ADP, Inc.213.90 0 213.90
Supplier Payment: Waxie Sanitary
Supply: 02/04/2025
City of Rancho
Cucamonga
450255 02/04/2025 Waxie Sanitary Supply 2,207.86 0 2,207.86
Supplier Payment: Stanley Pest
Control: 02/04/2025
City of Rancho
Cucamonga
450239 02/04/2025 Stanley Pest Control 2,430.00 0 2,430.00
Supplier Payment: Rexel Usa Inc:
02/04/2025
City of Rancho
Cucamonga
02/04/2025 Rexel Usa Inc 493,181.33 0 493,181.33
Supplier Payment: Verizon Wireless -
La: 02/04/2025
Rancho
Cucamonga Fire
Protection District
450252 02/04/2025 Verizon Wireless - La 0 2,520.49 2,520.49
Supplier Payment: Heartsavers Llc:
02/04/2025
City of Rancho
Cucamonga
450222 02/04/2025 Heartsavers Llc 264.00 0 264.00
Supplier Payment: Velocity Truck
Centers: 02/04/2025
Rancho
Cucamonga Fire
Protection District
450250 02/04/2025 Velocity Truck Centers 0 350.53 350.53
Supplier Payment: Workday Inc:
02/04/2025
Rancho
Cucamonga Fire
Protection District
02/04/2025 Workday Inc 0 3,200.00 3,200.00
Supplier Payment: Calamp Wireless
Networks Corp: 02/04/2025
City of Rancho
Cucamonga
02/04/2025 Calamp Wireless Networks
Corp
63,312.12 0 63,312.12
Supplier Payment: Advanced Utility
Systems Corp: 02/04/2025
City of Rancho
Cucamonga
450207 02/04/2025 Advanced Utility Systems
Corp
3,680.00 0 3,680.00
Supplier Payment: Shred Pros:
02/04/2025
City of Rancho
Cucamonga
450235 02/04/2025 Shred Pros 210.00 0 210.00
Supplier Payment: Siteone
Landscape Supply Llc: 02/04/2025
City of Rancho
Cucamonga
450236 02/04/2025 Siteone Landscape Supply
Llc
208,175.72 0 208,175.72
Supplier Payment: Napa Auto Parts:
02/04/2025
Rancho
Cucamonga Fire
Protection District
02/04/2025 Napa Auto Parts 0 167.12 167.12
Supplier Payment: Richards Watson
& Gershon: 02/04/2025
City of Rancho
Cucamonga
02/04/2025 Richards Watson &
Gershon
45,651.24 0 45,651.24
Supplier Payment: Ninyo & Moore:
02/04/2025
Rancho
Cucamonga Fire
Protection District
02/04/2025 Ninyo & Moore 0 9,288.00 9,288.00
Supplier Payment: Transtech
Engineers Inc: 02/04/2025
City of Rancho
Cucamonga
450245 02/04/2025 Transtech Engineers Inc 12,270.00 0 12,270.00
Supplier Payment: Velocity Truck
Centers: 02/04/2025
City of Rancho
Cucamonga
450249 02/04/2025 Velocity Truck Centers 214.93 0 214.93
Supplier Payment: Dependable
Break Room Solutions Inc:
02/04/2025
City of Rancho
Cucamonga
450217 02/04/2025 Dependable Break Room
Solutions Inc
42.74 0 42.74
Page 25
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 14 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Torti Gallas &
Partners Inc: 02/04/2025
City of Rancho
Cucamonga
450244 02/04/2025 Torti Gallas & Partners Inc 1,237.50 0 1,237.50
Supplier Payment: Karolyn Bast:
02/04/2025
City of Rancho
Cucamonga
450229 02/04/2025 Karolyn Bast 184.80 0 184.80
Supplier Payment: Hometown
America - Ramona Villa Mhp:
02/04/2025
City of Rancho
Cucamonga
450224 02/04/2025 Hometown America -
Ramona Villa Mhp
300.00 0 300.00
Supplier Payment: C V W D:
02/04/2025
City of Rancho
Cucamonga
450258 02/04/2025 C V W D 46,244.48 0 46,244.48
Supplier Payment: C V W D:
02/04/2025
Rancho
Cucamonga Fire
Protection District
450257 02/04/2025 C V W D 0 752.54 752.54
Supplier Payment: Southern
California Edison: 02/04/2025
City of Rancho
Cucamonga
450260 02/04/2025 Southern California Edison 1,598.69 0 1,598.69
Supplier Payment: Southern
California Edison: 02/04/2025
Rancho
Cucamonga Fire
Protection District
450259 02/04/2025 Southern California Edison 0 2,506.84 2,506.84
Supplier Payment: Base Line Animal
Hospital: 02/06/2025
City of Rancho
Cucamonga
450277 02/06/2025 Base Line Animal Hospital 500.00 0 500.00
Supplier Payment: Airgas Usa Llc:
02/06/2025
City of Rancho
Cucamonga
450273 02/06/2025 Airgas Usa Llc 2,317.60 0 2,317.60
Supplier Payment: Planetbids Inc:
02/06/2025
City of Rancho
Cucamonga
450319 02/06/2025 Planetbids Inc 9,900.00 0 9,900.00
Supplier Payment: Napa Auto Parts:
02/06/2025
Rancho
Cucamonga Fire
Protection District
02/06/2025 Napa Auto Parts 0 216.85 216.85
Supplier Payment: Ups: 02/06/2025 City of Rancho
Cucamonga
450336 02/06/2025 Ups 240.38 0 240.38
Supplier Payment: Amazon Web
Services Inc: 02/06/2025
City of Rancho
Cucamonga
02/06/2025 Amazon Web Services Inc 3,131.40 0 3,131.40
Supplier Payment: Husky Boy
Corporation: 02/06/2025
City of Rancho
Cucamonga
450297 02/06/2025 Husky Boy Corporation 7,417.50 0 7,417.50
Supplier Payment: Shaw HR
Consulting, Inc.: 02/06/2025
Rancho
Cucamonga Fire
Protection District
450324 02/06/2025 Shaw HR Consulting, Inc.0 3,000.00 3,000.00
Supplier Payment: Mcfadden-Dale
Hardware: 02/06/2025
City of Rancho
Cucamonga
450303 02/06/2025 Mcfadden-Dale Hardware 501.77 0 501.77
Supplier Payment: PKI Solutions
LLC: 02/06/2025
City of Rancho
Cucamonga
450318 02/06/2025 PKI Solutions LLC 57,000.00 0 57,000.00
Supplier Payment: Employment
Development Dept: 02/06/2025
City of Rancho
Cucamonga
450287 02/06/2025 Employment Development
Dept
134.64 0 134.64
Supplier Payment: Grainger:
02/06/2025
City of Rancho
Cucamonga
450293 02/06/2025 Grainger 2,780.37 0 2,780.37
Page 26
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 15 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Vulcan Materials
Company: 02/06/2025
City of Rancho
Cucamonga
450339 02/06/2025 Vulcan Materials Company 301.79 0 301.79
Supplier Payment: Uline: 02/06/2025 City of Rancho
Cucamonga
450332 02/06/2025 Uline 2,684.12 0 2,684.12
Supplier Payment: Stotz Equipment:
02/06/2025
City of Rancho
Cucamonga
450328 02/06/2025 Stotz Equipment 4,496.78 0 4,496.78
Supplier Payment: Barbara'S
Answering Service: 02/06/2025
City of Rancho
Cucamonga
450276 02/06/2025 Barbara'S Answering
Service
552.00 0 552.00
Supplier Payment: Sound Image Inc:
02/06/2025
City of Rancho
Cucamonga
450327 02/06/2025 Sound Image Inc 11,740.00 0 11,740.00
Supplier Payment: Golden Oaks Vet
Hospital: 02/06/2025
City of Rancho
Cucamonga
450292 02/06/2025 Golden Oaks Vet Hospital 300.00 0 300.00
Supplier Payment: Opticos Design,
Inc.: 02/06/2025
City of Rancho
Cucamonga
450315 02/06/2025 Opticos Design, Inc.36,000.00 0 36,000.00
Supplier Payment: Directv:
02/06/2025
City of Rancho
Cucamonga
450286 02/06/2025 Directv 187.24 0 187.24
Supplier Payment: Motive Energy
Llc: 02/06/2025
City of Rancho
Cucamonga
450309 02/06/2025 Motive Energy Llc 931.98 0 931.98
Supplier Payment: Remmi
Construction Inc: 02/06/2025
City of Rancho
Cucamonga
450322 02/06/2025 Remmi Construction Inc 3,420.45 0 3,420.45
Supplier Payment: Vets Choice
Radiology: 02/06/2025
City of Rancho
Cucamonga
450338 02/06/2025 Vets Choice Radiology 119.00 0 119.00
Supplier Payment: Mcmaster-Carr
Supply Company: 02/06/2025
City of Rancho
Cucamonga
450304 02/06/2025 Mcmaster-Carr Supply
Company
382.32 0 382.32
Supplier Payment: Ccs Orange
County Janitorial Inc: 02/06/2025
City of Rancho
Cucamonga
450280 02/06/2025 Ccs Orange County
Janitorial Inc
529.40 0 529.40
Supplier Payment: Backflow Parts
Usa: 02/06/2025
City of Rancho
Cucamonga
450275 02/06/2025 Backflow Parts Usa 1,477.01 0 1,477.01
Supplier Payment: Siteone
Landscape Supply Llc: 02/06/2025
City of Rancho
Cucamonga
450326 02/06/2025 Siteone Landscape Supply
Llc
98,372.60 0 98,372.60
Supplier Payment: Thomson Reuters
- West: 02/06/2025
City of Rancho
Cucamonga
450331 02/06/2025 Thomson Reuters - West 398.00 0 398.00
Supplier Payment: Mwi Animal
Health: 02/06/2025
City of Rancho
Cucamonga
450311 02/06/2025 Mwi Animal Health 926.41 0 926.41
Supplier Payment: Merrimac
Petroleum Inc: 02/06/2025
City of Rancho
Cucamonga
02/06/2025 Merrimac Petroleum Inc 1,650.91 0 1,650.91
Supplier Payment: EN Engineering,
LLC: 02/06/2025
City of Rancho
Cucamonga
450288 02/06/2025 EN Engineering, LLC 24,789.65 0 24,789.65
Supplier Payment: Best Outdoor
Power Inland Llc: 02/06/2025
City of Rancho
Cucamonga
02/06/2025 Best Outdoor Power Inland
Llc
117.39 0 117.39
Supplier Payment: Upland Animal
Hospital: 02/06/2025
City of Rancho
Cucamonga
450335 02/06/2025 Upland Animal Hospital 611.24 0 611.24
Page 27
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 16 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Midwest
Veterinary Supply Inc: 02/06/2025
City of Rancho
Cucamonga
450306 02/06/2025 Midwest Veterinary Supply
Inc
963.90 0 963.90
Supplier Payment: Shred Pros:
02/06/2025
Rancho
Cucamonga Fire
Protection District
450325 02/06/2025 Shred Pros 0 70.00 70.00
Supplier Payment: Iland Internet
Solutions: 02/06/2025
City of Rancho
Cucamonga
02/06/2025 Iland Internet Solutions 75.00 0 75.00
Supplier Payment: Rancho Smog
Center: 02/06/2025
City of Rancho
Cucamonga
450320 02/06/2025 Rancho Smog Center 49.95 0 49.95
Supplier Payment: Express Brake
Supply Inc: 02/06/2025
City of Rancho
Cucamonga
450290 02/06/2025 Express Brake Supply Inc 631.66 0 631.66
Supplier Payment: Verizon Wireless -
La: 02/06/2025
City of Rancho
Cucamonga
450337 02/06/2025 Verizon Wireless - La 3,094.60 0 3,094.60
Supplier Payment: Mrc Smart
Technology Solutions: 02/06/2025
City of Rancho
Cucamonga
450310 02/06/2025 Mrc Smart Technology
Solutions
24,766.43 0 24,766.43
Supplier Payment: The Sign Shop:
02/06/2025
City of Rancho
Cucamonga
450330 02/06/2025 The Sign Shop 77.31 0 77.31
Supplier Payment: Covetrus North
America: 02/06/2025
City of Rancho
Cucamonga
450284 02/06/2025 Covetrus North America 142.69 0 142.69
Supplier Payment: Cintas
Corporation: 02/06/2025
Rancho
Cucamonga Fire
Protection District
450281 02/06/2025 Cintas Corporation 0 133.06 133.06
Supplier Payment: Liebert Cassidy
Whitmore: 02/06/2025
City of Rancho
Cucamonga
450302 02/06/2025 Liebert Cassidy Whitmore 5,375.00 0 5,375.00
Supplier Payment: Willdan Group:
02/06/2025
City of Rancho
Cucamonga
450341 02/06/2025 Willdan Group 5,440.00 0 5,440.00
Supplier Payment: National Utility
Locators Llc: 02/06/2025
City of Rancho
Cucamonga
02/06/2025 National Utility Locators Llc 7,275.00 0 7,275.00
Supplier Payment: J J Keller &
Associates Inc: 02/06/2025
City of Rancho
Cucamonga
450300 02/06/2025 J J Keller & Associates Inc 2,748.66 0 2,748.66
Supplier Payment: Holliday Rock Co
Inc: 02/06/2025
City of Rancho
Cucamonga
450295 02/06/2025 Holliday Rock Co Inc 632.49 0 632.49
Supplier Payment: Conor Consulting
Llc: 02/06/2025
City of Rancho
Cucamonga
450283 02/06/2025 Conor Consulting Llc 1,175.00 0 1,175.00
Supplier Payment: Montgomery
Hardware Co: 02/06/2025
City of Rancho
Cucamonga
450308 02/06/2025 Montgomery Hardware Co 428.31 0 428.31
Supplier Payment: Franklin Truck
Parts Inc: 02/06/2025
Rancho
Cucamonga Fire
Protection District
450291 02/06/2025 Franklin Truck Parts Inc 0 1,911.92 1,911.92
Supplier Payment: Calif Underground
Fac Safe Excavation Board:
02/06/2025
City of Rancho
Cucamonga
450279 02/06/2025 Calif Underground Fac
Safe Excavation Board
56.32 0 56.32
Page 28
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 17 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: D & K Concrete
Company: 02/06/2025
City of Rancho
Cucamonga
450285 02/06/2025 D & K Concrete Company 964.37 0 964.37
Supplier Payment: West Coast
Arborists Inc: 02/06/2025
City of Rancho
Cucamonga
450340 02/06/2025 West Coast Arborists Inc 3,295.35 0 3,295.35
Supplier Payment: Bernell Hydraulics
Inc: 02/06/2025
Rancho
Cucamonga Fire
Protection District
02/06/2025 Bernell Hydraulics Inc 0 71.20 71.20
Supplier Payment: Medline Industries
Lp: 02/06/2025
City of Rancho
Cucamonga
450305 02/06/2025 Medline Industries Lp 5,086.49 0 5,086.49
Supplier Payment: Idexx Distribution
Inc: 02/06/2025
City of Rancho
Cucamonga
450298 02/06/2025 Idexx Distribution Inc 500.02 0 500.02
Supplier Payment: Parkhouse Tire
Inc: 02/06/2025
City of Rancho
Cucamonga
450317 02/06/2025 Parkhouse Tire Inc 1,336.80 0 1,336.80
Supplier Payment: Zones It Solutions
Inc: 02/06/2025
City of Rancho
Cucamonga
02/06/2025 Zones It Solutions Inc 17,509.34 0 17,509.34
Supplier Payment: 360 Deep
Cleaning Llc: 02/06/2025
Rancho
Cucamonga Fire
Protection District
02/06/2025 360 Deep Cleaning Llc 0 18,460.00 18,460.00
Supplier Payment: Emergency
Vehicle Group Inc: 02/06/2025
Rancho
Cucamonga Fire
Protection District
02/06/2025 Emergency Vehicle Group
Inc
0 656,783.66 656,783.66
Supplier Payment: Concept Powder
Coating: 02/06/2025
City of Rancho
Cucamonga
450282 02/06/2025 Concept Powder Coating 510.00 0 510.00
Supplier Payment: Mariposa
Landscapes Inc: 02/06/2025
City of Rancho
Cucamonga
02/06/2025 Mariposa Landscapes Inc 1,477.51 0 1,477.51
Supplier Payment: Bab Steering
Hydraulics Inc: 02/06/2025
Rancho
Cucamonga Fire
Protection District
450274 02/06/2025 Bab Steering Hydraulics
Inc
0 1,579.44 1,579.44
Supplier Payment: The Kindred
Corporation: 02/06/2025
City of Rancho
Cucamonga
450329 02/06/2025 The Kindred Corporation 1,190.37 0 1,190.37
Supplier Payment: Airgas Usa Llc:
02/06/2025
Rancho
Cucamonga Fire
Protection District
450272 02/06/2025 Airgas Usa Llc 0 1,018.30 1,018.30
Supplier Payment: Shaw HR
Consulting, Inc.: 02/06/2025
City of Rancho
Cucamonga
450323 02/06/2025 Shaw HR Consulting, Inc.2,000.00 0 2,000.00
Supplier Payment: Humane Society
Of San Bernardino Valley:
02/06/2025
City of Rancho
Cucamonga
450296 02/06/2025 Humane Society Of San
Bernardino Valley
546.00 0 546.00
Supplier Payment: O Rings & Things:
02/06/2025
Rancho
Cucamonga Fire
Protection District
450316 02/06/2025 O Rings & Things 0 3.58 3.58
Supplier Payment: Underground
Service Alert/Sc: 02/06/2025
City of Rancho
Cucamonga
450333 02/06/2025 Underground Service
Alert/Sc
195.00 0 195.00
Page 29
Council Meeting Check Register - without
SoCal Gas
07:09 AM
02/10/2025
Page 18 of 18
Supplier Payment Company Check
Number Check Date Supplier Name City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection District
Payment Amount for
Reporting Transaction
Supplier Payment: Abound Food
Care: 02/06/2025
City of Rancho
Cucamonga
450271 02/06/2025 Abound Food Care 3,372.91 0 3,372.91
Supplier Payment: Canto Inc:
02/06/2025
City of Rancho
Cucamonga
02/06/2025 Canto Inc 900.00 0 900.00
Supplier Payment: Brendon Fung:
02/06/2025
City of Rancho
Cucamonga
02/06/2025 Brendon Fung 10,348.75 0 10,348.75
Supplier Payment: Triden Group
Corp: 02/06/2025
City of Rancho
Cucamonga
02/06/2025 Triden Group Corp 23,265.00 0 23,265.00
Supplier Payment: Rancho West
Animal Hospital: 02/06/2025
City of Rancho
Cucamonga
450321 02/06/2025 Rancho West Animal
Hospital
100.00 0 100.00
Supplier Payment: Odp Business
Solutions Llc: 02/06/2025
Rancho
Cucamonga Fire
Protection District
450313 02/06/2025 Odp Business Solutions Llc 0 569.64 569.64
Supplier Payment: Mig Inc:
02/06/2025
City of Rancho
Cucamonga
450307 02/06/2025 Mig Inc 72,904.05 0 72,904.05
Supplier Payment: Hill'S Pet Nutrition
Sales Inc: 02/06/2025
City of Rancho
Cucamonga
450294 02/06/2025 Hill'S Pet Nutrition Sales
Inc
774.06 0 774.06
Supplier Payment: California Public
Policy Group, Inc.: 02/06/2025
City of Rancho
Cucamonga
450278 02/06/2025 California Public Policy
Group, Inc.
19,000.00 0 19,000.00
Supplier Payment: Itron Inc:
02/06/2025
City of Rancho
Cucamonga
450299 02/06/2025 Itron Inc 11,156.32 0 11,156.32
Supplier Payment: Executive Detail
Services: 02/06/2025
Rancho
Cucamonga Fire
Protection District
450289 02/06/2025 Executive Detail Services 0 300.00 300.00
Supplier Payment: University
Enterprises Corporation: 02/06/2025
City of Rancho
Cucamonga
450334 02/06/2025 University Enterprises
Corporation
6,250.00 0 6,250.00
Supplier Payment: Jrc Housing:
02/06/2025
City of Rancho
Cucamonga
450301 02/06/2025 Jrc Housing 1,207.00 0 1,207.00
Supplier Payment: Haaker
Equipment Company: 02/06/2025
City of Rancho
Cucamonga
02/06/2025 Haaker Equipment
Company
202.06 0 202.06
Supplier Payment: Oclc Inc:
02/06/2025
City of Rancho
Cucamonga
450312 02/06/2025 Oclc Inc 10,493.14 0 10,493.14
Supplier Payment: Omega
Environmental Services Inc:
02/06/2025
City of Rancho
Cucamonga
450314 02/06/2025 Omega Environmental
Services Inc
3,665.00 0 3,665.00
Supplier Payment: C V W D:
02/06/2025
City of Rancho
Cucamonga
450343 02/06/2025 C V W D 41,787.84 0 41,787.84
Supplier Payment: C V W D:
02/06/2025
Rancho
Cucamonga Fire
Protection District
450342 02/06/2025 C V W D 0 520.48 520.48
5,193,621.56 874,429.94 6,068,051.50
Page 30
DATE:February 19, 2025
TO:Mayor and Members of the City Council
President and Members of the Board of Directors
FROM:John R. Gillison, City Manager
INITIATED BY:Jevin Kaye, Finance Director
Veronica Lopez, Accounts Payable Supervisor
SUBJECT:Consideration to Approve City and Fire District Weekly Check Registers
for Checks Issued to Southern California Gas Company in the Total
Amount of $29,258.38 Dated January 23, 2025, Through February 09,
2025. (CITY/FIRE)
RECOMMENDATION:
Staff recommends City Council/Board of Directors of the Fire Protection District approve payment
of demands as presented. Weekly check register amounts are $27,035.30 and $2,223.08 for the
City and the Fire District, respectively.
BACKGROUND:
N/A
ANALYSIS:
N/A
FISCAL IMPACT:
Adequate budgeted funds are available for the payment of demands per the attached listing.
COUNCIL MISSION / VISION / GOAL(S) ADDRESSED:
N/A
ATTACHMENTS:
Attachment 1 - Weekly Check Register
Page 31
Council Meeting Check Register - SoCal Gas 07:15 AM
02/10/2025
Page 1 of 1
Company: City of Rancho Cucamonga
Rancho Cucamonga Fire Protection District
Successor Agency to the Redevelopment Agency of the City of Rancho Cucamonga
Payment Date On or After: 01/23/2025
Payment Date On or Before: 02/09/2025
Supplier Payment Company Check
Number Check Date Supplier
Name
City of Rancho
Cucamonga
Rancho
Cucamonga Fire
Protection
District
Payment Amount
for Reporting
Transaction
Supplier Payment: Socal
Gas: 01/28/2025
Rancho
Cucamonga Fire
Protection
District
450105 01/28/2025 Socal Gas 0 2,223.08 2,223.08
Supplier Payment: Socal
Gas: 01/28/2025
City of Rancho
Cucamonga
450104 01/28/2025 Socal Gas 25,234.09 0 25,234.09
Supplier Payment: Socal
Gas: 02/04/2025
City of Rancho
Cucamonga
450237 02/04/2025 Socal Gas 1,801.21 0 1,801.21
27,035.30 2,223.08 29,258.38
ATTACHMENT 1
Page 32
DATE:February 19, 2025
TO:Mayor and Members of the City Council
President and Members of the Board of Directors
FROM:John R. Gillison, City Manager
INITIATED BY:Jevin Kaye, Finance Director
Rick Flinchum, Finance Manager
SUBJECT:Consideration to Receive and File Current Investment Schedules as of
December 31, 2024 for the City of Rancho Cucamonga and the Rancho
Cucamonga Fire Protection District. (CITY/FIRE)
RECOMMENDATION:
Staff recommends that the City Council/Board of Directors of the Fire Protection District receive
and file the attached current investment schedules for the City of Rancho Cucamonga (City) and
the Rancho Cucamonga Fire Protection District (District) as of December 31, 2024.
BACKGROUND:
The attached investment schedules as of December 31, 2024, reflect cash and investments
managed by the Finance Department/Revenue Management Division and are in conformity with
the requirements of California Government Code Section 53601 and the City of Rancho
Cucamonga’s and the Rancho Cucamonga Fire Protection District’s adopted Investment Policies
as approved on June 27, 2024.
ANALYSIS:
The City’s and District’s Treasurers are each required to submit a quarterly investment report to
the City Council and the Fire Board, respectively, in accordance with California Government Code
Section 53646. The quarterly investment report is required to be submitted within 30 days
following the end of the quarter covered by the report. However, the City and District Treasurers
have each elected to provide this report on a monthly basis.
FISCAL IMPACT:
None.
COUNCIL MISSION / VISION / GOAL(S) ADDRESSED:
The monthly investment schedule supports the City Council’s core value of providing and
nurturing a high quality of life for all by demonstrating the active, prudent fiscal management of
the City’s investment portfolio to ensure that financial resources are available to support the
various services the city provides to all Rancho Cucamonga stakeholders.
ATTACHMENTS:
Attachment 1 – Investment Schedules as of December 31, 2024 (City)
Attachment 2 – Investment Schedules as of December 31, 2024 (Fire)
Page 33
Page 34
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
ACCOUNT STATEMENT
For the Month EndingCITY OF RANCHO CUCAMONGA December 31, 2024
Client Management Team Contents
Cover/DisclosuresRichard Babbe, CCM
Senior Managing Consultant Summary Statement
Individual Accounts
Accounts included in Statement
CITY OF RANCHO CUCAMONGA
Meredith LaBuda Sullivan
Senior Portfolio Manager
Rachael Miller
Client Consultant
CITY OF RANCHO CUCAMONGA
10500 CIVIC CENTER DRIVE
RANCHO CUCAMONGA, CA 91730
Online Access https://www.pfmam.com Customer Service 1-717-232-2723
Page 35
Account Statement
Important Disclosures For the Month Ending December 31, 2024
Important Disclosures
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.
Tax Reporting Cost data and realized gains / losses are provided for informational Average maturity represents the average maturity of all securities and
purposes only. Please review for accuracy and consult your tax advisor to determine investments of a portfolio, determined by multiplying the par or principal value of
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.
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
Financial Situation In order to better serve you, PFMAM should be promptly notified on the level or prepayments on the underlying mortgages or whether a callable
of any material change in your investment objective or financial situation.
Callable Securities Securities subject to redemption prior to maturity may be
security has or is still able to be called.
Monthly distribution yield represents the net change in the value of one share
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.
redeemed in whole or in part before maturity, which could affect the yield represented. (normally $1.00 per share) resulting from all dividends declared during the month
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
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
securities subject to an adjustable interest rate or subject to principal paydowns. Any period from purchase date to maturity, stated as a percentage, on an annualized
changes to the values shown may be reflected within the next monthly statement’s
beginning values.
basis.
YTM at Market The yield to maturity at market is the rate of return, based on the
Rating Information provided for ratings is based upon a good faith inquiry of selected current market value, the annual interest receipts, maturity value and the time
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.
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
which is registered with the SEC as a broker/dealer and is a member of the Financial investments are directly owned by the client and held by the client’s custodian.
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.
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
Unsettled Trade A trade which has been executed however the final
consummation of the security transaction and payment has not yet taken place.
In August 2024, PFMAM converted its portfolio accounting system from FIS
Investment Accounting Manager to SS&C PORTIA. The new system has
recalculated the amortized cost and yield to maturity at cost of each security,
Dividends on local government investment program funds consist of interest earned, based upon original cost and settlement date. Some securities, including some
plus any discount ratably amortized to the date of maturity, plus all realized gains and factored securities and previously exchanged securities, are now on a modified
amortization schedule as compared with that of the past. Where transfers havelosses 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 occurred between your portfolios we have returned their settlement dates to the
be paid either monthly or quarterly. The monthly earnings on this statement represent settlement dates of the original purchases in order to minimize any impact to
the estimated dividend accrued for the month for any program that distributes earnings their amortization schedules.
on a quarterly basis. There is no guarantee that the estimated amount will be paid on Please review the detail pages of this statement carefully. If you think your
statement is wrong, missing account information, or if you need more informationthe actual distribution date.
Current Yield is the net change, exclusive of capital changes and income other than about a transaction, please contact PFMAM within 60 days of receipt. If you have
investment income, in the value of a hypothetical fund account with a balance of one 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
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 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.
Attn: Service Operations
213 Market Street
Harrisburg, PA 17101
NOT FDIC INSURED ꢀ ꢀ NO BANK GUARANTEE ꢀ ꢀ MAY LOSE VALUE
Page 36
Account Statement
Consolidated Summary Statement For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA
Portfolio Summary Investment Allocation
Cash Dividends
and Income
Closing
Market Value Investment Type Closing Market Value PercentPortfolio Holdings
PFMAM Managed Account
CAMP Pool
759,262.50
0.00
385,690,516.45
97,157,753.59
766,252.91
Asset-Backed Security
Corporate Note
Bank Note
Certificate of Deposit
Federal Agency Commercial Mortgage-Backed Sec
Corporate Note
Supra-National Agency Bond / Note
U.S. Treasury Bond / Note
CAMP Pool
Local Agency Investment Fund
Passbook/Checking Accounts
30,197,071.96
78,198,620.18
4,730,964.43
5,921,096.39
46,919,825.73
2,705,113.80
2,600,181.29
214,417,642.67
97,157,753.59
766,252.91
6.16
15.94
0.96
1.21
9.56
0.55
0.53
43.71
19.80
0.16
Local Agency Investment Fund
Passbook/Checking Accounts
0.00
0.00 6,989,749.74
Total $759,262.50 $490,604,272.69
6,989,749.74 1.42
Total $490,604,272.69 100.00%
Maturity Distribution (Fixed Income Holdings)
Portfolio Holdings
Sector Allocation
ABS
6.16%
Corporate Note
15.94%
Bank Note
0.96%
Cert of Deposit
1.21%
Federal Agency
Commercial
Mortgage-Backed
Security
9.56%
Priv Placement
Bond
0.55%
Supra-National
Closing Market Value Percent Passbook/Checking
AccountsUnder 30 days
31 to 60 days
61 to 90 days
91 to 180 days
181 days to 1 year
1 to 2 years
104,913,756.24
0.00
21.38
0.00 1.42%
Local Agency
Investment Fund
0.16%
0.00 0.00
0.00 0.00 CAMP Pool
19.80%8,439,974.61
105,767,020.93
83,986,057.81
112,732,362.58
74,765,100.52
0.00
1.72
21.56
17.12
22.98
15.24
0.00
2 to 3 years
3 to 4 years
4 to 5 years
Over 5 years
Agency Bond / Note
0.53%Total $490,604,272.69 100.00%US TSY Bond / Note
43.71%
Weighted Average Days to Maturity 816
PFM Asset Management Summary Page 1
Page 37
Managed Account Summary Statement For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Transaction Summary - Managed Account Cash Transactions Summary - Managed Account
Opening Market Value $386,158,989.83 Maturities/Calls
Sale Proceeds
Coupon/Interest/Dividend Income
Principal Payments
Security Purchases
Net Cash Contribution
0.00
4,232,094.41
737,082.90
328,927.61
(5,319,636.39)
(0.07)
Maturities/Calls (328,927.61)
(4,194,244.14)
5,303,937.50
0.00
Principal Dispositions
Principal Acquisitions
Unsettled Trades C_h_a_n_g_e__i n_C_u_r_r_en_t_V_a_l_u_e_____________________
________________________________________________________________________ Reconciling Transactions
(1,249,239.13)0.00
Closing Market Value $385,690,516.45
Earnings Reconciliation (Cash Basis) - Managed Account Cash Balance
Interest/Dividends/Coupons Received
Less Purchased Interest Related to Interest/Coupons
Plus Net Realized Gains/Losses
774,933.17
(15,698.89)
28.22
Closing Cash Balance $380,873.56
Total Cash Basis Earnings $759,262.50
TotalEarnings Reconciliation (Accrual Basis)
Ending Amortized Value of Securities
Ending Accrued Interest
Plus Proceeds from Sales
Plus Proceeds of Maturities/Calls/Principal Payments
Plus Coupons/Dividends Received
Less Cost of New Purchases
Less Beginning Amortized Value of Securities
Less Beginning Accrued Interest
389,165,145.15
2,377,693.68
4,232,094.41
328,927.61
737,082.90
(5,319,636.39)
(388,102,550.70)
(2,125,923.13)
Total Accrual Basis Earnings $1,292,833.53
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 1
Page 38
Portfolio Summary and Statistics For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Account Summary Sector Allocation
Description Par Value Market Value Percent ABS
7.83%
Bank Note
1.23%
Cert of Deposit
1.54%
Corporate Note
20.27%
Federal Agency
Commercial
Mortgage-Backed
Security
12.17%
Priv Placement
Bond
U.S. Treasury Bond / Note
Supra-National Agency Bond / Note
Federal Agency Commercial
Mortgage-Backed Security
Corporate Note
Certificate of Deposit
Bank Note
Asset-Backed Security
Managed Account Sub-Total
Accrued Interest
225,335,000.00
2,590,000.00
47,080,691.25
214,417,642.67
2,600,181.29
46,919,825.73
55.58
0.67
12.17
82,305,000.00
5,890,000.00
4,675,000.00
80,903,733.98
5,921,096.39
4,730,964.43
30,197,071.96
20.98
1.54
1.23
7.8330,095,487.54
397,971,178.78 385,690,516.45 100.00%
2,377,693.68
388,068,210.13Total Portfolio 397,971,178.78
0.00
0.70%
Supra-National
Agency Bond / Note
0.67%US TSY Bond / Note
55.59%Unsettled Trades 0.00
Maturity Distribution Characteristics
29.23%Yield to Maturity at Cost 3.94%
4.48%
1040
27.42%
Yield to Maturity at Market
Weighted Average Days to Maturity21.78%
19.38%
2.19%
0.00%0.00%
Over 5 Years0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 2
Page 39
Managed Account Issuer Summary For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Issuer Summary Credit Quality (S&P Ratings)
Market Value
Issuer
American Express Co
AstraZeneca PLC
BA Credit Card Trust
Bank of America Corp
Bank of New York Mellon Corp
Bayerische Motoren Werke AG
Capital One Financial Corp
CarMax Inc
Caterpillar Inc
Charles Schwab Corp
Chippewa Valley Agency Ltd
Cisco Systems Inc
Citigroup Inc
of Holdings
6,844,008.90
1,601,026.97
6,558,408.79
5,046,965.20
1,618,818.26
2,705,113.80
2,720,201.28
219,446.57
Percent
1.76
0.42
1.70
1.31
0.42
0.70
0.71
0.06
0.55
0.50
0.06
0.42
1.21
0.53
0.58
0.80
0.70
0.86
11.33
0.83
0.29
1.08
0.61
0.62
0.50
0.77
0.92
0.44
0.58
0.67
1.07
0.92
A
NR
1.07%
BBB+
1.38%
BBB
0.58%
AAA
7.55%
5.06%
A+
7.63%
A-
7.13%
AA-
1.84%2,104,758.30
1,909,784.00
239,866.52
1,630,197.90
4,673,021.80
2,038,948.00
2,246,445.00
3,084,704.60
2,699,276.00
3,326,604.79
43,735,274.75
3,184,550.98
1,124,011.01
4,147,799.40
2,356,612.20
2,377,084.80
1,933,252.00
2,964,343.59
3,552,239.55
1,696,756.02
2,230,618.20
2,600,181.29
4,115,989.65
3,544,710.63
AA+
67.76%Comcast Corp
Cooperatieve Rabobank UA
Credit Agricole Group
Deere & Co
Discover Card Execution Note Trust
Federal Home Loan Mortgage Corp
Federal National Mortgage Association
GM Financial Consumer Automobile Receiv
Goldman Sachs Group Inc
Groupe BPCE
Hershey Co
Home Depot Inc
Honda Auto Receivables Owner Trust
Honda Motor Co Ltd
Hyundai Auto Receivables Trust
Intel Corp
International Bank for Reconstruction &
International Business Machines Corp
JPMorgan Chase & Co
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 3
Page 40
Managed Account Issuer Summary For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Market Value
Issuer of Holdings
36,858.42
239,913.07
3,004,728.85
2,503,085.00
3,999,015.98
2,953,692.00
782,648.02
Percent
0.01
0.06
0.78
0.65
1.04
0.77
0.20
0.17
0.41
0.63
0.65
0.57
0.39
0.87
0.95
55.58
0.46
0.03
1.23
0.45
0.18
Kubota Credit Owner Trust
Medallion Financial Corp
Merck & Co Inc
Meta Platforms Inc
Morgan Stanley
National Australia Bank Ltd
National Rural Utilities Cooperative Fi
Nissan Auto Receivables Owner Trust
Northern Trust Corp
PNC Financial Services Group Inc
State Street Corp
Texas Instruments Inc
Toyota Auto Receivables Owner Trust
Toyota Motor Corp
660,414.30
1,573,973.12
2,411,470.00
2,524,647.50
2,204,313.10
1,485,133.25
3,351,921.05
3,653,426.70
214,417,642.67
1,764,763.20
125,408.33
Truist Financial Corp
United States Treasury
UnitedHealth Group Inc
Volkswagen Auto Loan Enhanced Trust
Wells Fargo & Co
WF Card Issuance Trust
World Omni Auto Trust
4,730,964.43
1,737,932.00
697,544.71
Total $385,690,516.45 100.00%
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 4
Page 41
Managed Account Detail of Securities Held For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 11/02/2020 0.250% 10/31/2025
91282CAT8
91282CAZ4
91282CBC4
91282CBH3
91282CBQ3
91282CGR6
91282CBT7
91282CGV7
9128286S4
912828R36
91282CCF6
91282CCF6
91282CCP4
91282CCP4
1,100,000.00 AA+
3,000,000.00 AA+
3,225,000.00 AA+
3,000,000.00 AA+
2,650,000.00 AA+
5,200,000.00 AA+
3,000,000.00 AA+
4,100,000.00 AA+
4,000,000.00 AA+
3,525,000.00 AA+
3,000,000.00 AA+
6,100,000.00 AA+
2,000,000.00 AA+
3,000,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
08/22/22
02/16/22
05/06/21
08/06/21
03/02/21
03/04/24
04/02/21
04/01/24
08/14/23
03/03/22
02/16/22
06/02/21
08/06/21
08/02/21
08/24/22
02/17/22
05/07/21
08/09/21
03/03/21
03/06/24
04/06/21
04/03/24
08/17/23
03/07/22
02/17/22
06/04/21
08/09/21
08/03/21
996,875.00 0.00
2,833,007.81 1.91
3,172,971.68 0.73
2,956,289.07 0.71
2,623,810.55 0.70
5,202,843.75 4.60
2,973,632.81 0.93
4,024,085.94 4.72
3,766,875.00 4.69
3,504,758.79 1.77
2,854,687.50 1.93
6,086,656.25 0.79
1,986,015.63 0.77
2,992,031.25 0.68
470.99
989.01
1,073,155.61
2,959,762.37
3,213,853.26
2,989,446.32
2,643,923.13
5,201,685.47
2,993,422.69
4,052,016.58
3,885,681.36
3,518,398.45
2,952,150.94
6,096,228.30
1,995,566.87
2,997,482.17
1,064,542.60
2,896,944.00
3,105,397.65
2,878,476.00
2,538,824.55
5,222,344.40
2,873,439.00
4,073,895.30
3,902,968.00
3,402,174.90
2,857,149.00
5,809,536.30
1,890,000.00
2,835,000.00
US TREASURY N/B
DTD 11/30/2020 0.375% 11/30/2025
US TREASURY N/B
DTD 12/31/2020 0.375% 12/31/2025
33.41
US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
4,707.88
4,502.07
71,751.38
5,748.63
32,946.43
16,270.72
7,437.07
1,978.02
4,021.98
5,230.98
7,846.47
US TREASURY N/B
DTD 03/01/2021 0.500% 02/28/2026
US TREASURY N/B
DTD 03/15/2023 4.625% 03/15/2026
US TREASURY N/B
DTD 03/31/2021 0.750% 03/31/2026
US TREASURY N/B
DTD 04/17/2023 3.750% 04/15/2026
US TREASURY N/B
DTD 04/30/2019 2.375% 04/30/2026
US TREASURY N/B
DTD 05/16/2016 1.625% 05/15/2026
US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
US TREASURY N/B
DTD 08/02/2021 0.625% 07/31/2026
US TREASURY N/B
DTD 08/02/2021 0.625% 07/31/2026
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 5
Page 42
Managed Account Detail of Securities Held For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 08/02/2021 0.625% 07/31/2026
91282CCP4
9128282A7
91282CCZ2
91282CCZ2
91282CDG3
91282CDG3
91282CDG3
912828U24
912828U24
91282CDK4
91282CDK4
91282CDQ1
912828YX2
912828Z78
3,000,000.00 AA+
4,525,000.00 AA+
1,000,000.00 AA+
3,900,000.00 AA+
400,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
09/03/24
04/21/22
10/28/22
05/18/23
11/17/21
11/01/24
05/20/22
06/08/22
10/28/24
11/07/24
12/01/21
01/03/22
11/08/23
01/03/24
09/05/24
04/22/22
10/31/22
05/22/23
11/18/21
11/05/24
05/23/22
06/09/22
10/31/24
11/08/24
12/03/21
01/05/22
11/10/23
01/05/24
2,818,359.38 3.96
4,249,081.05 3.02
878,867.19 4.27
3,542,144.53 3.81
397,578.13 1.25
1,884,687.50 4.18
2,789,648.44 2.82
2,870,390.63 3.05
3,836,250.00 4.11
1,318,734.38 4.22
2,903,255.27 1.19
1,616,684.57 1.36
3,223,412.50 4.67
1,989,589.84 4.11
7,846.47
25,637.57
2,235.58
8,718.75
770.72
2,848,039.73
4,421,530.39
946,040.84
2,835,000.00
4,331,452.18
943,633.00
US TREASURY N/B
DTD 08/15/2016 1.500% 08/15/2026
US TREASURY N/B
DTD 09/30/2021 0.875% 09/30/2026
US TREASURY N/B
DTD 09/30/2021 0.875% 09/30/2026
3,714,218.47
399,105.19
3,680,168.70
378,109.20US TREASURY N/B
DTD 11/01/2021 1.125% 10/31/2026
US TREASURY N/B
DTD 11/01/2021 1.125% 10/31/2026
2,000,000.00 AA+
3,000,000.00 AA+
3,000,000.00 AA+
4,000,000.00 AA+
1,400,000.00 AA+
2,895,000.00 AA+
1,625,000.00 AA+
3,520,000.00 AA+
2,150,000.00 AA+
3,853.59
5,780.39
7,790.06
10,386.74
1,538.46
3,181.32
56.11
1,893,547.72
2,913,369.39
2,945,356.05
3,849,476.85
1,324,354.18
2,898,160.82
1,621,671.09
3,331,497.57
2,041,344.28
1,890,546.00
2,835,819.00
2,879,064.00
3,838,752.00
1,323,492.80
2,736,794.04
1,532,514.75
3,353,760.96
2,033,093.75
US TREASURY N/B
DTD 11/01/2021 1.125% 10/31/2026
US TREASURY N/B
DTD 11/15/2016 2.000% 11/15/2026
US TREASURY N/B
DTD 11/15/2016 2.000% 11/15/2026
US TREASURY N/B
DTD 11/30/2021 1.250% 11/30/2026
US TREASURY N/B
DTD 11/30/2021 1.250% 11/30/2026
US TREASURY N/B
DTD 12/31/2021 1.250% 12/31/2026
US TREASURY N/B
DTD 12/31/2019 1.750% 12/31/2026
170.17
US TREASURY N/B 13,495.92
DTD 01/31/2020 1.500% 01/31/2027
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 6
Page 43
Managed Account Detail of Securities Held For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 02/15/2017 2.250% 02/15/2027
912828V98
912828V98
912828V98
912828ZB9
912828ZB9
912828X88
91282CFB2
91282CAH4
91282CAH4
91282CAH4
91282CFM8
91282CAU5
91282CAU5
91282CLX7
645,000.00 AA+
1,950,000.00 AA+
3,400,000.00 AA+
2,850,000.00 AA+
4,500,000.00 AA+
3,300,000.00 AA+
1,600,000.00 AA+
1,200,000.00 AA+
1,700,000.00 AA+
2,700,000.00 AA+
3,000,000.00 AA+
2,000,000.00 AA+
3,050,000.00 AA+
800,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
06/02/22
08/01/22
07/05/22
08/01/24
09/05/23
08/22/22
01/04/23
09/04/24
09/03/24
12/07/22
05/03/23
12/02/24
01/04/23
12/26/24
06/06/22
08/03/22
07/07/22
08/02/24
09/08/23
08/24/22
01/06/23
09/05/24
09/05/24
12/09/22
05/08/23
12/05/24
01/06/23
12/31/24
625,398.05 2.95
1,911,152.34 2.72
3,313,671.88 2.84
2,647,271.48 4.06
4,010,097.66 4.54
3,179,214.84 3.22
1,522,000.00 3.93
1,093,781.25 3.66
1,543,414.06 3.79
2,327,484.38 3.71
3,081,093.75 3.46
1,800,937.50 4.18
2,597,503.91 3.91
795,031.25 4.36
5,481.62
16,572.35
28,895.38
10,894.16
17,201.31
10,175.76
18,413.04
2,038.67
2,888.12
4,587.02
31,617.45
1,712.71
2,611.88
4,284.53
636,141.98
1,931,830.45
3,360,270.61
2,678,808.88
4,195,789.56
3,239,502.39
1,555,970.01
1,104,855.67
1,559,714.13
2,490,217.16
3,050,595.23
1,805,785.24
2,784,264.66
795,036.27
618,922.65
1,871,161.50
3,262,538.00
2,667,645.60
4,212,072.00
3,160,007.40
1,540,750.40
1,087,077.60
1,540,026.60
2,445,924.60
2,987,814.00
1,800,000.00
2,745,000.00
796,375.20
US TREASURY N/B
DTD 02/15/2017 2.250% 02/15/2027
US TREASURY N/B
DTD 02/15/2017 2.250% 02/15/2027
US TREASURY N/B
DTD 03/02/2020 1.125% 02/28/2027
US TREASURY N/B
DTD 03/02/2020 1.125% 02/28/2027
US TREASURY N/B
DTD 05/15/2017 2.375% 05/15/2027
US TREASURY N/B
DTD 08/01/2022 2.750% 07/31/2027
US TREASURY N/B
DTD 08/31/2020 0.500% 08/31/2027
US TREASURY N/B
DTD 08/31/2020 0.500% 08/31/2027
US TREASURY N/B
DTD 08/31/2020 0.500% 08/31/2027
US TREASURY N/B
DTD 09/30/2022 4.125% 09/30/2027
US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
US TREASURY N/B
DTD 11/15/2024 4.125% 11/15/2027
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 7
Page 44
Managed Account Detail of Securities Held For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 11/15/2017 2.250% 11/15/2027
9128283F5
91282CGC9
91282CGC9
91282CBJ9
91282CGH8
9128283W8
9128283W8
9128283W8
91282CBS9
91282CBS9
91282CBZ3
91282CCE9
91282CCE9
91282CCH2
3,200,000.00 AA+
2,500,000.00 AA+
2,500,000.00 AA+
3,100,000.00 AA+
4,550,000.00 AA+
2,000,000.00 AA+
3,000,000.00 AA+
3,375,000.00 AA+
2,625,000.00 AA+
3,000,000.00 AA+
6,000,000.00 AA+
800,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
01/25/23
03/06/23
06/03/24
11/03/23
01/03/24
03/06/23
04/05/23
11/09/23
10/02/23
07/05/23
06/01/23
07/07/23
07/05/23
11/03/23
01/30/23
03/08/23
06/05/24
11/06/23
01/05/24
03/08/23
04/06/23
11/10/23
10/04/23
07/07/23
06/05/23
07/11/23
07/07/23
11/06/23
3,013,625.00 3.58
2,459,667.97 4.25
2,446,093.75 4.54
2,637,785.16 4.67
4,459,355.47 4.04
1,869,296.88 4.23
2,921,015.63 3.34
3,137,299.80 4.59
2,257,089.84 4.75
2,617,031.25 4.26
5,328,750.00 3.77
691,718.75 4.35
2,608,007.81 4.23
2,898,676.76 4.66
9,348.07
267.61
3,088,388.00
2,474,915.72
2,454,153.21
2,763,870.91
4,481,422.26
1,917,450.66
2,949,300.57
3,201,073.02
2,359,162.48
2,737,525.76
5,544,629.40
724,457.76
3,025,126.40
2,470,995.00
2,470,995.00
2,785,033.80
4,445,136.15
1,909,454.00
2,864,181.00
3,222,203.63
2,383,725.75
2,724,258.00
5,434,920.00
722,406.40
US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2027
US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2027
267.61
US TREASURY N/B
DTD 02/01/2021 0.750% 01/31/2028
9,729.62
66,642.66
20,774.46
31,161.68
35,056.90
8,383.41
9,581.04
12,845.30
879.12
US TREASURY N/B
DTD 01/31/2023 3.500% 01/31/2028
US TREASURY N/B
DTD 02/15/2018 2.750% 02/15/2028
US TREASURY N/B
DTD 02/15/2018 2.750% 02/15/2028
US TREASURY N/B
DTD 02/15/2018 2.750% 02/15/2028
US TREASURY N/B
DTD 03/31/2021 1.250% 03/31/2028
US TREASURY N/B
DTD 03/31/2021 1.250% 03/31/2028
US TREASURY N/B
DTD 04/30/2021 1.250% 04/30/2028
US TREASURY N/B
DTD 06/01/2021 1.250% 05/31/2028
US TREASURY N/B
DTD 06/01/2021 1.250% 05/31/2028
3,000,000.00 AA+
3,375,000.00 AA+
3,296.70
116.54
2,727,138.40
3,017,056.27
2,709,024.00
3,040,530.75US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 8
Page 45
Managed Account Detail of Securities Held For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 10/02/2023 4.625% 09/30/2028
91282CJA0
91282CJF9
9128285M8
91282CJR3
91282CDW8
91282CDW8
9128286B1
91282CEE7
91282CEM9
91282CEM9
91282CEV9
91282CEV9
91282CFC0
91282CFC0
6,000,000.00 AA+
7,000,000.00 AA+
8,000,000.00 AA+
4,800,000.00 AA+
2,100,000.00 AA+
4,500,000.00 AA+
5,725,000.00 AA+
6,300,000.00 AA+
2,750,000.00 AA+
4,000,000.00 AA+
2,200,000.00 AA+
5,000,000.00 AA+
1,000,000.00 AA+
1,100,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
12/04/23
04/01/24
03/04/24
07/01/24
06/03/24
02/01/24
05/02/24
06/03/24
08/01/24
08/01/24
09/03/24
09/04/24
11/04/24
10/01/24
12/05/23
04/03/24
03/06/24
07/02/24
06/05/24
02/05/24
05/06/24
06/05/24
08/02/24
08/02/24
09/05/24
09/05/24
11/05/24
10/03/24
6,093,046.88 4.26
7,143,828.13 4.37
7,621,562.50 4.25
4,660,875.00 4.47
1,864,324.22 4.45
4,080,585.94 3.82
5,240,611.33 4.62
5,742,105.47 4.44
2,632,050.78 3.87
3,827,031.25 3.88
2,150,929.69 3.76
4,916,796.88 3.63
935,156.25 4.15
1,057,074.22 3.51
70,899.73
58,446.13
32,458.56
497.24
6,073,900.32
7,122,272.68
7,687,982.14
4,674,956.46
1,890,763.80
4,156,780.26
5,300,948.78
5,802,681.65
2,641,555.74
3,840,966.85
2,153,928.12
4,921,895.79
937,080.21
6,055,314.00
7,124,964.00
7,654,064.00
4,691,625.60
1,896,071.10
4,063,009.50
5,351,758.63
5,813,469.90
2,588,115.75
3,764,532.00
2,099,024.40
4,770,510.00
927,617.00
US TREASURY N/B
DTD 10/31/2023 4.875% 10/31/2028
US TREASURY N/B
DTD 11/15/2018 3.125% 11/15/2028
US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
US TREASURY N/B
DTD 01/31/2022 1.750% 01/31/2029
15,379.08
32,955.16
56,763.84
38,228.37
13,541.09
19,696.13
197.51
US TREASURY N/B
DTD 01/31/2022 1.750% 01/31/2029
US TREASURY N/B
DTD 02/15/2019 2.625% 02/15/2029
US TREASURY N/B
DTD 03/31/2022 2.375% 03/31/2029
US TREASURY N/B
DTD 05/02/2022 2.875% 04/30/2029
US TREASURY N/B
DTD 05/02/2022 2.875% 04/30/2029
US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
448.90
US TREASURY N/B
DTD 08/01/2022 2.625% 07/31/2029
10,985.05
12,083.56US TREASURY N/B 1,059,080.59 1,020,378.70
DTD 08/01/2022 2.625% 07/31/2029
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 9
Page 46
Managed Account Detail of Securities Held For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 09/30/2022 3.875% 09/30/2029
91282CFL0
91282CFL0
91282CFT3
1,100,000.00 AA+
2,000,000.00 AA+
2,725,000.00 AA+
Aaa
Aaa
Aaa
11/01/24
10/28/24
12/02/24
11/05/24
10/31/24
12/05/24
1,084,789.06 4.19
1,977,968.75 4.12
2,707,968.75 4.14
10,890.45
19,800.82
18,668.51
1,085,234.26
1,978,666.85
2,708,213.46
1,075,937.50
1,956,250.00
2,678,803.08
US TREASURY N/B
DTD 09/30/2022 3.875% 09/30/2029
US TREASURY N/B
DTD 10/31/2022 4.000% 10/31/2029
Security Type Sub-Total 225,335,000.00 213,823,395.96 3.55 1,033,061.74 217,386,720.71 214,417,642.67
Supra-National Agency Bond / Note
INTL BK RECON & DEVELOP 459058LE1 2,590,000.00 AAA Aaa 04/03/24 04/10/24 2,589,326.60 4.76 27,680.63 2,589,566.53 2,600,181.29
DTD 04/10/2024 4.750% 04/10/2026
Security Type Sub-Total 2,590,000.00 2,589,326.60 4.76 27,680.63 2,589,566.53 2,600,181.29
Federal Agency Commercial Mortgage-Backed Security
FHMS K062 A2
DTD 02/01/2017 3.413% 12/01/2026
3137BUX60
3137FAWS3
3137HACX2
3137HAD45
3136BQDE6
3137HAQ74
3137HAMH6
1,710,000.00 AA+
1,960,000.00 AA+
3,150,000.00 AA+
3,181,855.56 AA+
3,248,835.69 AA+
3,000,000.00 AA+
3,475,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
08/17/23
08/17/23
07/27/23
07/19/23
08/17/23
10/11/23
09/07/23
08/22/23
08/22/23
08/01/23
07/27/23
08/22/23
10/19/23
09/14/23
1,624,500.00 5.03
1,835,739.06 4.97
3,152,707.03 4.80
3,181,776.02 4.78
3,127,765.80 5.04
2,934,192.00 5.25
3,423,594.33 4.99
4,863.53
5,216.87
1,659,254.36
1,878,742.31
3,151,924.38
3,181,799.14
3,161,157.32
2,948,901.96
3,435,831.84
1,673,513.73
1,893,816.68
3,157,172.55
3,172,666.36
3,184,550.98
2,999,127.00
3,467,466.20
FHMS K067 A2
DTD 09/01/2017 3.194% 07/01/2027
FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
12,649.88
12,666.44
11,319.95
11,850.00
13,465.63
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
FNA 2023-M6 A2
DTD 07/01/2023 4.181% 07/01/2028
FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 10
Page 47
Managed Account Detail of Securities Held For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Federal Agency Commercial Mortgage-Backed Security
FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4
3137HAMS2
3137HB3D4
3137HB3G7
3137HBLV4
3137HCKV3
3137HFNZ4
3137HFF59
3137HDXL9
3137HH6C0
3137HHJL6
2,330,000.00 AA+
3,000,000.00 AA+
1,130,000.00 AA+
1,720,000.00 AA+
1,790,000.00 AA+
4,000,000.00 AA+
1,305,000.00 AA+
2,650,000.00 AA+
3,345,000.00 AA+
2,355,000.00 AA+
3,730,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
10/25/23
10/17/23
11/14/23
11/28/23
02/01/24
07/01/24
09/04/24
08/13/24
08/07/24
10/08/24
11/19/24
10/31/23
10/20/23
11/21/23
12/07/23
02/08/24
07/05/24
09/12/24
08/22/24
08/15/24
10/16/24
11/27/24
2,255,712.61 5.60
2,909,648.43 5.50
1,126,733.17 5.14
1,715,058.44 4.93
1,807,898.21 4.34
4,038,281.25 4.95
1,331,073.90 4.06
2,696,306.10 4.23
3,376,289.13 4.33
2,402,069.39 4.34
3,749,422.11 4.67
9,417.08
12,000.00
4,773.31
6,966.00
6,819.90
17,266.67
4,902.45
10,198.08
12,663.61
9,402.34
14,895.13
2,270,666.74
2,929,327.32
1,127,398.14
1,716,035.96
1,804,901.10
4,034,734.60
1,329,605.68
2,693,271.19
3,374,138.70
2,400,291.09
3,749,384.00
2,339,087.00
3,005,832.00
1,142,262.76
1,725,550.44
1,777,439.57
4,059,740.00
1,290,802.91
2,633,002.90
3,312,105.27
2,354,656.17
3,731,033.21
FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
FHMS K520 A2
DTD 04/01/2024 5.180% 03/01/2029
FHMS K528 A2
DTD 09/01/2024 4.508% 07/01/2029
FHMS K527 A2
DTD 08/01/2024 4.618% 07/01/2029
FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
FHMS K529 A2
DTD 10/01/2024 4.791% 09/01/2029
FHMS K530 A2
DTD 11/01/2024 4.792% 09/01/2029
Security Type Sub-Total
Corporate Note
47,080,691.25 46,688,766.98 4.85 181,336.87 46,847,365.83 46,919,825.73
AMERICAN HONDA FINANCE
DTD 10/04/2023 5.800% 10/03/2025
02665WEQ0
06406RAQ0
850,000.00 A-A3 11/08/23
01/28/21
11/10/23
02/01/21
854,760.00 5.48 12,051.11
5,370.94
851,951.22 856,452.35
BANK OF NY MELLON CORP (CALLABLE)
DTD 01/28/2021 0.750% 01/28/2026
1,685,000.00 A Aa3 1,684,005.85 0.76 1,684,785.90 1,618,818.26
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 11
Page 48
Managed Account Detail of Securities Held For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Corporate Note
GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 02/12/2021 0.855% 02/12/2026
38141GXS8
46625HQW3
06051GKM0
459200JZ5
04636NAA1
89236TJK2
61761J3R8
61761J3R8
857477CD3
02665WDZ1
14913R2Q9
46625HRV4
172967KY6
63743HFK3
1,900,000.00 BBB+A2
A1
A1
A3
A2
A1
A1
A1
Aa3
A3
A2
A1
A3
A2
02/12/21
07/19/23
05/06/22
09/01/21
09/01/21
09/08/21
11/01/21
07/05/23
08/01/23
12/01/21
12/01/21
11/01/21
08/07/23
10/30/23
02/17/21
07/21/23
05/10/22
09/03/21
09/03/21
09/13/21
11/03/21
07/07/23
08/03/23
12/03/21
12/03/21
11/03/21
08/10/23
11/02/23
1,903,876.00 0.81
1,430,430.00 5.16
1,958,700.00 3.96
1,844,861.75 1.08
1,684,095.25 1.08
1,102,546.90 1.17
1,062,320.00 1.75
936,280.00 5.41
2,501,400.00 5.25
1,970,740.00 1.62
1,967,640.00 1.50
1,057,540.00 1.72
1,124,628.00 5.36
769,730.50 5.61
6,272.38
12,375.00
16,732.00
7,062.92
1,842.50
448.91
1,900,865.89
1,467,725.26
1,986,714.48
1,724,593.21
1,677,704.57
1,104,246.19
1,020,700.19
967,213.16
1,890,625.40
1,477,125.00
1,992,510.00
1,644,947.15
1,601,026.97
1,052,323.55
976,780.00
JPMORGAN CHASE & CO (CALLABLE)
DTD 03/23/2016 3.300% 04/01/2026
1,500,000.00 A
BANK OF AMERICA CORP (CALLABLE)
DTD 03/22/2022 3.384% 04/02/2026
2,000,000.00 A-
1,675,000.00 A-
1,675,000.00 A+
1,105,000.00 A+
1,000,000.00 A-
1,000,000.00 A-
IBM CORP
DTD 05/15/2019 3.300% 05/15/2026
ASTRAZENECA FINANCE LLC (CALLABLE)
DTD 05/28/2021 1.200% 05/28/2026
TOYOTA MOTOR CREDIT CORP
DTD 06/18/2021 1.125% 06/18/2026
MORGAN STANLEY
DTD 07/25/2016 3.125% 07/27/2026
13,368.06
13,368.06
54,184.44
8,088.89
6,836.11
7,375.00
7,466.67
5,749.33
MORGAN STANLEY
DTD 07/25/2016 3.125% 07/27/2026
976,780.00
STATE STREET CORP (CALLABLE)
DTD 08/03/2023 5.272% 08/03/2026
2,500,000.00 A 2,500,722.67
1,989,632.82
1,988,473.75
1,020,503.51
1,157,435.45
769,829.08
2,524,647.50
1,890,336.00
1,893,088.00
974,230.00
AMERICAN HONDA FINANCE
DTD 09/09/2021 1.300% 09/09/2026
2,000,000.00 A-
CATERPILLAR FINL SERVICE
DTD 09/14/2021 1.150% 09/14/2026
2,000,000.00
1,000,000.00
A
AJPMORGAN CHASE & CO (CALLABLE)
DTD 07/21/2016 2.950% 10/01/2026
CITIGROUP INC (CALLABLE)
DTD 10/21/2016 3.200% 10/21/2026
1,200,000.00 BBB+
770,000.00 A-
1,167,196.80
782,648.02NATIONAL RURAL UTIL COOP (CALLABLE)
DTD 11/02/2023 5.600% 11/13/2026
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 12
Page 49
Managed Account Detail of Securities Held For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Corporate Note
JOHN DEERE CAPITAL CORP
DTD 01/10/2022 1.700% 01/11/2027
24422EWA3
06051GLE7
38141GWB6
89788MAD4
808513BY0
437076CN0
61772BAB9
665859AW4
91324PEG3
91324PEG3
693475AT2
63254ABE7
06051GJS9
459200KT7
2,000,000.00 A A1
A1
01/11/22
07/05/23
09/02/22
03/24/22
04/27/22
05/06/22
06/08/22
05/10/22
05/17/22
06/02/22
08/04/22
06/09/22
08/07/23
08/01/22
01/13/22
07/07/23
09/07/22
03/28/22
04/29/22
05/10/22
06/10/22
05/12/22
05/20/22
06/06/22
08/08/22
06/13/22
08/10/23
08/03/22
1,988,720.00 1.82
1,968,420.00 5.58
2,228,539.00 4.64
1,949,808.00 2.83
1,898,200.00 3.60
1,936,100.00 3.59
452,825.00 3.72
1,610,407.70 3.79
399,784.00 3.71
1,412,488.00 3.50
2,461,500.00 3.50
2,973,990.00 4.10
986,150.00 4.63
2,561,055.00 3.61
16,055.56
45,437.78
38,125.69
8,795.09
16,061.11
12,138.89
1,261.13
9,038.33
1,891.11
6,618.89
9,187.50
7,159.17
8,424.35
44,381.94
1,995,420.24
1,981,667.23
2,266,283.44
2,033,878.27
1,954,353.44
1,970,336.00
477,455.48
1,891,548.00
2,005,702.00
2,257,174.00
2,013,788.70
1,909,784.00
1,933,252.00
479,296.00
BANK OF AMERICA CORP (CALLABLE)
DTD 01/20/2023 5.080% 01/20/2027
2,000,000.00 A-
2,300,000.00 BBB+
2,100,000.00 A-
2,000,000.00 A-
GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 01/26/2017 3.850% 01/26/2027
A2
TRUIST FINANCIAL CORP (CALLABLE)
DTD 03/02/2021 1.267% 03/02/2027
Baa1
A2CHARLES SCHWAB CORP (CALLABLE)
DTD 03/03/2022 2.450% 03/03/2027
HOME DEPOT INC (CALLABLE)
DTD 03/28/2022 2.875% 04/15/2027
2,000,000.00 A A2
MORGAN STANLEY (CALLABLE)
DTD 04/22/2021 1.593% 05/04/2027
500,000.00 A-
1,595,000.00 A+
400,000.00 A+
1,400,000.00 A+
2,500,000.00 A-
3,000,000.00 AA-
1,100,000.00 A-
2,500,000.00 A-
A1
NORTHERN TRUST CORP (CALLABLE)
DTD 05/10/2022 4.000% 05/10/2027
A2 1,602,137.39
399,897.23
1,573,973.12
392,169.60UNITEDHEALTH GROUP INC (CALLABLE)
DTD 05/20/2022 3.700% 05/15/2027
A2
UNITEDHEALTH GROUP INC (CALLABLE)
DTD 05/20/2022 3.700% 05/15/2027
A2 1,405,883.43
2,480,805.93
2,987,284.64
1,026,261.71
2,531,012.06
1,372,593.60
2,411,470.00
2,953,692.00
1,048,753.20
2,471,042.50
PNC FINANCIAL SERVICES (CALLABLE)
DTD 05/19/2017 3.150% 05/19/2027
A3
NATIONAL AUSTRALIA BK/NY
DTD 06/09/2022 3.905% 06/09/2027
Aa2
A1BANK OF AMERICA CORP (CALLABLE)
DTD 04/22/2021 1.734% 07/22/2027
IBM CORP (CALLABLE)A3
DTD 07/27/2022 4.150% 07/27/2027
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 13
Page 50
Managed Account Detail of Securities Held For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Corporate Note
TRUIST FINANCIAL CORP (CALLABLE)
DTD 08/03/2020 1.125% 08/03/2027
89788MAC6
89788MAC6
458140BY5
89236TKJ3
882508BC7
20030NEA5
61747YFP5
46647PEE2
427866BH0
30303M8L9
58933YBH7
02665WEM9
24422EXB0
05565ECE3
300,000.00 A-
1,500,000.00 A-
2,300,000.00 BBB
2,300,000.00 A+
2,300,000.00 A+
2,000,000.00 A-
1,540,000.00 A-
Baa1
Baa1
Baa1
A1
08/22/22
10/27/22
09/02/22
10/04/22
12/07/22
01/25/23
05/02/24
05/02/24
05/04/23
06/01/23
05/18/23
07/07/23
08/07/23
08/14/23
08/24/22
10/31/22
09/07/22
10/06/22
12/09/22
01/30/23
05/06/24
05/06/24
05/08/23
06/05/23
05/22/23
07/11/23
08/10/23
08/17/23
260,685.00 4.08
1,226,295.00 5.54
2,259,842.00 4.15
2,275,459.00 4.79
2,158,734.00 4.30
2,085,520.00 4.35
1,548,100.40 5.50
1,078,128.25 5.49
2,423,880.00 4.03
2,504,650.00 4.56
3,027,826.50 4.21
796,384.00 5.23
805,360.00 4.79
2,669,598.00 5.31
1,387.50
6,937.50
279,403.27
1,350,997.04
2,278,785.31
2,286,532.71
2,218,155.41
2,050,656.09
1,546,407.14
1,077,479.94
2,415,861.40
2,503,171.40
3,034,978.84
797,451.08
273,273.00
1,366,365.00
2,230,618.20
2,299,597.50
2,204,313.10
2,038,948.00
1,566,159.98
1,093,355.63
2,377,084.80
2,503,085.00
3,004,728.85
805,451.20
TRUIST FINANCIAL CORP (CALLABLE)
DTD 08/03/2020 1.125% 08/03/2027
INTEL CORP (CALLABLE)
DTD 08/05/2022 3.750% 08/05/2027
34,979.17
29,360.14
10,746.11
13,672.22
18,858.84
11,478.58
16,150.00
14,694.44
15,097.50
19,816.67
18,370.00
53,025.00
TOYOTA MOTOR CREDIT CORP
DTD 09/20/2022 4.550% 09/20/2027
TEXAS INSTRUMENTS INC (CALLABLE)
DTD 11/03/2017 2.900% 11/03/2027
Aa3
A3COMCAST CORP (CALLABLE)
DTD 11/07/2022 5.350% 11/15/2027
MORGAN STANLEY (CALLABLE)
DTD 04/19/2024 5.652% 04/13/2028
A1
JPMORGAN CHASE & CO (CALLABLE)
DTD 04/22/2024 5.571% 04/22/2028
1,075,000.00
2,400,000.00
A
A
A1
HERSHEY COMPANY (CALLABLE)
DTD 05/04/2023 4.250% 05/04/2028
A1
META PLATFORMS INC (CALLABLE)
DTD 05/03/2023 4.600% 05/15/2028
2,500,000.00 AA-
3,050,000.00 A+
800,000.00 A-
Aa3
A1MERCK & CO INC (CALLABLE)
DTD 05/17/2023 4.050% 05/17/2028
AMERICAN HONDA FINANCE
DTD 07/07/2023 5.125% 07/07/2028
A3
JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
800,000.00 A
A
A1 803,846.27 807,728.00
BMW US CAPITAL LLC (CALLABLE)
DTD 08/11/2023 5.050% 08/11/2028
2,700,000.00 A2 2,677,969.56 2,705,113.80
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 14
Page 51
Managed Account Detail of Securities Held For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Corporate Note
CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
17325FBB3
21688ABC5
17275RBR2
14913UAQ3
3,400,000.00 A+
2,250,000.00 A+
1,620,000.00 AA-
Aa3
Aa2
A1
10/02/23
01/10/24
02/21/24
08/12/24
10/04/23
01/12/24
02/26/24
08/16/24
3,383,136.00 5.92
2,253,150.00 4.77
1,619,433.00 4.86
214,417.35 4.44
50,421.62
51,600.00
27,281.25
3,527.34
3,386,897.93
2,252,598.85
1,619,524.03
214,457.12
3,505,825.00
2,246,445.00
1,630,197.90
211,670.30
COOPERAT RABOBANK UA/NY
DTD 01/09/2024 4.800% 01/09/2029
CISCO SYSTEMS INC (CALLABLE)
DTD 02/26/2024 4.850% 02/26/2029
CATERPILLAR FINL SERVICE 215,000.00 A A2
DTD 08/16/2024 4.375% 08/16/2029
Security Type Sub-Total
Certificate of Deposit
82,305,000.00 81,272,139.45 3.92 800,572.74 81,720,947.23 80,903,733.98
CHIPPEWA VALLEY BANK
DTD 07/29/2020 0.500% 07/29/2025
169894AT9
58404DHQ7
63873QP65
22536DWD6
245,000.00 NR
245,000.00 NR
2,300,000.00 A+
3,100,000.00 A+
NR
NR
A1
A1
07/29/20
07/30/20
09/18/23
02/01/24
07/29/20
07/30/20
09/20/23
02/05/24
245,000.00 0.50
245,000.00 0.55
2,300,000.00 5.61
3,100,000.00 4.76
10.07
7.38
245,000.00
245,000.00
239,866.52
239,913.07MEDALLION BANK UTAH
DTD 07/30/2020 0.550% 07/30/2025
NATIXIS NY BRANCH
DTD 09/20/2023 5.610% 09/18/2026
37,633.75
135,673.22
2,300,000.00
3,100,000.00
2,356,612.20
3,084,704.60CREDIT AGRICOLE CIB NY
DTD 02/05/2024 4.760% 02/01/2027
Security Type Sub-Total
Bank Note
5,890,000.00 5,890,000.00 4.76 173,324.42 5,890,000.00 5,921,096.39
WELLS FARGO BANK NA (CALLABLE)
DTD 08/09/2023 5.450% 08/07/2026
94988J6D4
50117XAE2
4,675,000.00 A+Aa2
Aaa
08/03/23
07/20/21
08/09/23
07/28/21
4,672,195.00 5.47 101,915.00 4,673,501.22 4,730,964.43
Security Type Sub-Total
Asset-Backed Security
4,675,000.00 4,672,195.00 5.47 101,915.00 4,673,501.22 4,730,964.43
KCOT 2021-2A A3 36,916.05 NR 36,914.66 0.56 9.19 36,915.76 36,858.42
DTD 07/28/2021 0.560% 11/17/2025
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 15
Page 52
Managed Account Detail of Securities Held For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Asset-Backed Security
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
43815GAC3
14317DAC4
92868KAC7
448977AD0
380146AC4
43813YAB8
98164RAB2
65480MAD5
02582JJZ4
14041NGD7
02582JJZ4
05522RDG0
254683CZ6
438123AC5
116,870.05 NR
221,117.33 AAA
126,074.64 AAA
490,576.92 AAA
153,421.46 AAA
2,440,000.00 NR
696,511.09 AAA
650,000.00 NR
2,000,000.00 AAA
2,720,000.00 AAA
2,720,000.00 AAA
3,449,000.00 AAA
3,305,000.00 AAA
395,000.00 NR
Aaa
Aaa
Aaa
NR
11/16/21
07/21/21
12/07/21
03/09/22
01/11/22
08/09/24
02/06/24
10/18/23
08/07/23
07/14/23
07/14/23
07/14/23
07/14/23
11/01/23
11/24/21
07/28/21
12/13/21
03/16/22
01/19/22
08/21/24
02/14/24
10/25/23
08/10/23
07/18/23
07/18/23
07/18/23
07/18/23
11/08/23
116,845.41 0.89
221,080.96 0.56
126,069.69 1.02
490,558.04 2.22
153,408.13 1.26
2,439,808.95 4.89
696,456.55 5.05
649,868.05 5.94
1,995,625.00 4.92
2,683,237.50 4.73
2,717,556.25 4.89
3,437,682.97 4.87
3,306,549.22 4.92
394,930.44 5.67
28.57
54.05
116,863.79
221,106.49
126,073.03
490,569.54
153,416.28
2,439,836.60
696,472.03
649,901.56
1,996,903.06
2,694,306.46
2,718,292.05
3,441,090.46
3,306,090.68
394,946.59
115,961.15
219,446.57
125,408.33
486,903.97
152,032.53
2,447,112.60
697,544.71
660,414.30
2,010,544.00
2,720,201.28
2,734,339.84
3,464,085.93
3,326,604.79
401,269.84
CARMX 2021-3 A3
DTD 07/28/2021 0.550% 06/15/2026
VALET 2021-1 A3
DTD 12/13/2021 1.020% 06/22/2026
39.29
HART 2022-A A3
DTD 03/16/2022 2.220% 10/15/2026
484.04
GMCAR 2022-1 A3
DTD 01/19/2022 1.260% 11/16/2026
NR 80.55
HAROT 2024-3 A2
DTD 08/21/2024 4.890% 02/22/2027
Aaa
NR
3,314.33
1,563.28
1,713.11
4,328.89
5,343.29
5,887.29
7,342.54
7,241.62
622.13
WOART 2024-A A2A
DTD 02/14/2024 5.050% 04/15/2027
NAROT 2023-B A3
DTD 10/25/2023 5.930% 03/15/2028
Aaa
NRAMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
NR
AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
NR
BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
NR
DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
Aaa
AaaHAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 16
Page 53
Managed Account Detail of Securities Held For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Asset-Backed Security
TAOT 2024-C A3
DTD 07/30/2024 4.880% 03/15/2029
89237QAD2
448976AD2
05522RDJ4
02589BAE0
38014AAD3
92970QAE5
1,475,000.00 AAA
1,215,000.00 AAA
3,065,000.00 AAA
2,095,000.00 AAA
975,000.00 AAA
1,750,000.00 AAA
NR
NR
07/23/24
10/08/24
06/06/24
07/16/24
10/08/24
10/17/24
07/30/24
10/16/24
06/13/24
07/23/24
10/16/24
10/24/24
1,474,999.12 4.88
1,214,911.06 4.41
3,064,828.05 4.93
2,094,904.89 4.65
974,812.22 4.40
1,749,739.95 4.29
3,199.11
2,381.40
6,715.76
4,329.67
1,787.50
3,336.67
1,475,000.00
1,214,918.00
3,064,855.61
2,094,914.43
974,820.79
1,485,133.25
1,209,852.05
3,094,322.86
2,099,125.06
971,978.48
HART 2024-C A3
DTD 10/16/2024 4.410% 05/15/2029
BACCT 2024-A1 A
DTD 06/13/2024 4.930% 05/15/2029
Aaa
NRAMXCA 2024-3 A
DTD 07/23/2024 4.650% 07/15/2029
GMCAR 2024-4 A3
DTD 10/16/2024 4.400% 08/16/2029
Aaa
AaaWFCIT 2024-A2 A 1,749,750.42 1,737,932.00
DTD 10/24/2024 4.290% 10/15/2029
Security Type Sub-Total 30,095,487.54
397,971,178.78
30,040,787.11
384,976,611.10
4.70
3.93
59,802.28 30,057,043.63
389,165,145.15
30,197,071.96
385,690,516.45Managed Account Sub-Total 2,377,693.68
Securities Sub-Total
Accrued Interest
Total Investments
$397,971,178.78 $384,976,611.10 3.94%$2,377,693.68 $389,165,145.15 $385,690,516.45
$2,377,693.68
$388,068,210.13
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 17
Page 54
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 11/02/2020 0.250% 10/31/2025
US TREASURY N/B
DTD 11/30/2020 0.375% 11/30/2025
US TREASURY N/B
DTD 12/31/2020 0.375% 12/31/2025
US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
US TREASURY N/B
DTD 03/01/2021 0.500% 02/28/2026
US TREASURY N/B
DTD 03/15/2023 4.625% 03/15/2026
US TREASURY N/B
DTD 03/31/2021 0.750% 03/31/2026
US TREASURY N/B
DTD 04/17/2023 3.750% 04/15/2026
US TREASURY N/B
DTD 04/30/2019 2.375% 04/30/2026
US TREASURY N/B
DTD 05/16/2016 1.625% 05/15/2026
US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
US TREASURY N/B
DTD 08/02/2021 0.625% 07/31/2026
US TREASURY N/B
DTD 08/02/2021 0.625% 07/31/2026
US TREASURY N/B
DTD 08/02/2021 0.625% 07/31/2026
US TREASURY N/B
91282CAT8
91282CAZ4
91282CBC4
91282CBH3
91282CBQ3
91282CGR6
91282CBT7
91282CGV7
9128286S4
912828R36
91282CCF6
91282CCF6
91282CCP4
91282CCP4
91282CCP4
9128282A7
91282CCZ2
1,100,000.00 BMO 96.78
96.56
96.29
95.95
95.80
100.43
95.78
99.36
97.57
96.52
95.24
95.24
94.50
94.50
94.50
95.72
94.36
1,064,542.60
2,896,944.00
3,105,397.65
2,878,476.00
2,538,824.55
5,222,344.40
2,873,439.00
4,073,895.30
3,902,968.00
3,402,174.90
2,857,149.00
5,809,536.30
1,890,000.00
2,835,000.00
2,835,000.00
4,331,452.18
943,633.00
67,667.60
63,936.19
(8,613.01)
(62,818.37)
(108,455.61)
(110,970.32)
(105,098.58)
20,658.93
0.82
0.90
0.98
1.06
1.13
1.14
1.21
1.23
1.28
1.33
1.38
1.38
1.54
1.54
1.54
1.57
1.70
4.44
4.33
4.22
4.28
4.25
4.25
4.27
4.26
4.28
4.26
4.26
4.26
4.26
4.26
4.26
4.26
4.27
3,000,000.00 Nomura
3,225,000.00 HSBC
3,000,000.00 RBS
(67,574.03)
(77,813.07)
(84,986.00)
19,500.65
2,650,000.00 Citigrou
5,200,000.00 BMO
3,000,000.00 Nomura
4,100,000.00 BMO
(100,193.81)
49,809.36
(119,983.69)
21,878.72
4,000,000.00 Nomura
3,525,000.00 Citigrou
3,000,000.00 JPMorgan
6,100,000.00 RBC Capi
2,000,000.00 Citigrou
3,000,000.00 Citigrou
3,000,000.00 Citigrou
4,525,000.00 BOFAML
1,000,000.00 Citigrou
136,093.00
(102,583.89)
2,461.50
17,286.64
(116,223.55)
(95,001.94)
(286,692.00)
(105,566.87)
(162,482.17)
(13,039.73)
(90,078.21)
(2,407.84)
(277,119.95)
(96,015.63)
(157,031.25)
16,640.62
82,371.13
DTD 08/15/2016 1.500% 08/15/2026
US TREASURY N/B 64,765.81
DTD 09/30/2021 0.875% 09/30/2026
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 18
Page 55
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 09/30/2021 0.875% 09/30/2026
US TREASURY N/B
DTD 11/01/2021 1.125% 10/31/2026
US TREASURY N/B
DTD 11/01/2021 1.125% 10/31/2026
US TREASURY N/B
DTD 11/01/2021 1.125% 10/31/2026
US TREASURY N/B
DTD 11/15/2016 2.000% 11/15/2026
US TREASURY N/B
DTD 11/15/2016 2.000% 11/15/2026
US TREASURY N/B
DTD 11/30/2021 1.250% 11/30/2026
US TREASURY N/B
DTD 11/30/2021 1.250% 11/30/2026
US TREASURY N/B
DTD 12/31/2021 1.250% 12/31/2026
US TREASURY N/B
DTD 12/31/2019 1.750% 12/31/2026
US TREASURY N/B
DTD 01/31/2020 1.500% 01/31/2027
US TREASURY N/B
DTD 02/15/2017 2.250% 02/15/2027
US TREASURY N/B
DTD 02/15/2017 2.250% 02/15/2027
US TREASURY N/B
DTD 02/15/2017 2.250% 02/15/2027
US TREASURY N/B
DTD 03/02/2020 1.125% 02/28/2027
US TREASURY N/B
91282CCZ2
91282CDG3
91282CDG3
91282CDG3
912828U24
912828U24
91282CDK4
91282CDK4
91282CDQ1
912828YX2
912828Z78
912828V98
912828V98
912828V98
912828ZB9
912828ZB9
912828X88
3,900,000.00 BMO 94.36
94.53
94.53
94.53
95.97
95.97
94.54
94.54
94.31
95.28
94.56
95.96
95.96
95.96
93.60
93.60
95.76
3,680,168.70
378,109.20
138,024.17
(19,468.93)
5,858.50
(34,049.77)
(20,995.99)
(3,001.72)
(77,550.39)
(66,292.05)
(10,724.85)
(861.38)
1.70
1.78
1.78
1.78
1.81
1.81
1.86
1.86
1.94
1.93
2.00
2.03
2.03
2.03
2.09
2.09
2.26
4.27
4.27
4.27
4.27
4.27
4.27
4.27
4.27
4.26
4.25
4.27
4.27
4.27
4.27
4.26
4.26
4.35
400,000.00 Citigrou
2,000,000.00 WellsFar
3,000,000.00 BMO
1,890,546.00
2,835,819.00
2,879,064.00
3,838,752.00
1,323,492.80
2,736,794.04
1,532,514.75
3,353,760.96
2,033,093.75
618,922.65
46,170.56
8,673.373,000,000.00 BOFAML
4,000,000.00 Citigrou
1,400,000.00 Citigrou
2,895,000.00 Nomura
1,625,000.00 JPMorgan
3,520,000.00 BMO
2,502.00
4,758.42
(166,461.23)
(84,169.82)
130,348.46
43,503.91
(6,475.40)
(39,990.84)
(51,133.88)
20,374.12
201,974.34
(19,207.44)
(161,366.78)
(89,156.34)
22,263.39
2,150,000.00 BOFAML
645,000.00 BOFAML
1,950,000.00 BOFAML
3,400,000.00 Citigrou
2,850,000.00 MorganSt
4,500,000.00 BMO
(8,250.53)
(17,219.33)
(60,668.95)
(97,732.61)
(11,163.28)
16,282.44
1,871,161.50
3,262,538.00
2,667,645.60
4,212,072.00
3,160,007.40
DTD 03/02/2020 1.125% 02/28/2027
US TREASURY N/B 3,300,000.00 BOFAML (79,494.99)
DTD 05/15/2017 2.375% 05/15/2027
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 19
Page 56
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 08/01/2022 2.750% 07/31/2027
US TREASURY N/B
DTD 08/31/2020 0.500% 08/31/2027
US TREASURY N/B
DTD 08/31/2020 0.500% 08/31/2027
US TREASURY N/B
DTD 08/31/2020 0.500% 08/31/2027
US TREASURY N/B
DTD 09/30/2022 4.125% 09/30/2027
US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
US TREASURY N/B
DTD 11/15/2024 4.125% 11/15/2027
US TREASURY N/B
DTD 11/15/2017 2.250% 11/15/2027
US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2027
US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2027
US TREASURY N/B
DTD 02/01/2021 0.750% 01/31/2028
US TREASURY N/B
DTD 01/31/2023 3.500% 01/31/2028
US TREASURY N/B
DTD 02/15/2018 2.750% 02/15/2028
US TREASURY N/B
DTD 02/15/2018 2.750% 02/15/2028
US TREASURY N/B
91282CFB2
91282CAH4
91282CAH4
91282CAH4
91282CFM8
91282CAU5
91282CAU5
91282CLX7
9128283F5
91282CGC9
91282CGC9
91282CBJ9
91282CGH8
9128283W8
9128283W8
9128283W8
91282CBS9
1,600,000.00 BMO 96.30
90.59
90.59
90.59
99.59
90.00
90.00
99.55
94.54
98.84
98.84
89.84
97.70
95.47
95.47
95.47
90.81
1,540,750.40
1,087,077.60
1,540,026.60
2,445,924.60
2,987,814.00
1,800,000.00
2,745,000.00
796,375.20
18,750.40
(6,703.65)
(3,387.46)
118,440.22
(93,279.75)
(937.50)
(15,219.61)
(17,778.07)
(19,687.53)
(44,292.56)
(62,781.23)
(5,785.24)
(39,264.66)
1,338.93
2.43
2.59
2.59
2.59
2.55
2.75
2.75
2.67
2.73
2.80
2.80
2.98
2.85
2.92
2.92
2.92
3.11
4.28
4.36
4.36
4.36
4.28
4.37
4.37
4.29
4.29
4.29
4.29
4.31
4.30
4.31
4.31
4.31
4.40
1,200,000.00 BOFAML
1,700,000.00 BOFAML
2,700,000.00 BOFAML
3,000,000.00 Citigrou
2,000,000.00 Citigrou
3,050,000.00 BOFAML
800,000.00 WellsFar
3,200,000.00 Citigrou
2,500,000.00 BMO
147,496.09
1,343.95
3,025,126.40
2,470,995.00
2,470,995.00
2,785,033.80
4,445,136.15
1,909,454.00
2,864,181.00
3,222,203.63
2,383,725.75
11,501.40
11,327.03
24,901.25
147,248.64
(14,219.32)
40,157.12
(56,834.63)
84,903.83
126,635.91
(63,261.60)
(3,920.72)
16,841.79
21,162.89
(36,286.11)
(7,996.66)
(85,119.57)
21,130.61
24,563.27
2,500,000.00 BMO
3,100,000.00 BMO
4,550,000.00 WellsFar
2,000,000.00 BMO
3,000,000.00 BMO
3,375,000.00 BMO
DTD 02/15/2018 2.750% 02/15/2028
US TREASURY N/B 2,625,000.00 BOFAML
DTD 03/31/2021 1.250% 03/31/2028
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 20
Page 57
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 03/31/2021 1.250% 03/31/2028
US TREASURY N/B
DTD 04/30/2021 1.250% 04/30/2028
US TREASURY N/B
DTD 06/01/2021 1.250% 05/31/2028
US TREASURY N/B
DTD 06/01/2021 1.250% 05/31/2028
US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
US TREASURY N/B
DTD 10/02/2023 4.625% 09/30/2028
US TREASURY N/B
DTD 10/31/2023 4.875% 10/31/2028
US TREASURY N/B
DTD 11/15/2018 3.125% 11/15/2028
US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
US TREASURY N/B
DTD 01/31/2022 1.750% 01/31/2029
US TREASURY N/B
DTD 01/31/2022 1.750% 01/31/2029
US TREASURY N/B
DTD 02/15/2019 2.625% 02/15/2029
US TREASURY N/B
DTD 03/31/2022 2.375% 03/31/2029
US TREASURY N/B
DTD 05/02/2022 2.875% 04/30/2029
US TREASURY N/B
DTD 05/02/2022 2.875% 04/30/2029
US TREASURY N/B
91282CBS9
91282CBZ3
91282CCE9
91282CCE9
91282CCH2
91282CJA0
91282CJF9
9128285M8
91282CJR3
91282CDW8
91282CDW8
9128286B1
91282CEE7
91282CEM9
91282CEM9
91282CEV9
91282CEV9
3,000,000.00 JPMorgan
6,000,000.00 BMO
90.81
90.58
90.30
90.30
90.09
100.92
101.79
95.68
97.74
90.29
90.29
93.48
92.28
94.11
94.11
95.41
95.41
2,724,258.00
5,434,920.00
722,406.40
107,226.75
106,170.00
30,687.65
(13,267.76)
(109,709.40)
(2,051.36)
(18,114.40)
23,474.48
3.11
3.19
3.28
3.28
3.36
3.38
3.45
3.58
3.67
3.84
3.84
3.81
3.95
3.99
3.99
4.13
4.13
4.40
4.41
4.42
4.42
4.41
4.34
4.35
4.34
4.36
4.36
4.36
4.44
4.37
4.37
4.37
4.37
4.37
800,000.00 RBC Capi
3,000,000.00 JPMorgan
3,375,000.00 BMO
2,709,024.00
3,040,530.75
6,055,314.00
7,124,964.00
7,654,064.00
4,691,625.60
1,896,071.10
4,063,009.50
5,351,758.63
5,813,469.90
2,588,115.75
3,764,532.00
2,099,024.40
4,770,510.00
101,016.19
141,853.99
(37,732.88)
(18,864.13)
32,501.50
6,000,000.00 BOFAML
7,000,000.00 BMO
(18,586.32)
2,691.32
8,000,000.00 BMO (33,918.14)
16,669.144,800,000.00 BOFAML
2,100,000.00 BMO
30,750.60
31,746.88 5,307.30
4,500,000.00 Nomura
5,725,000.00 BOFAML
6,300,000.00 Citigrou
2,750,000.00 Citigrou
4,000,000.00 BOFAML
2,200,000.00 BOFAML
5,000,000.00 Nomura
(17,576.44)
111,147.30
71,364.43
(93,770.76)
50,809.85
10,788.25
(43,935.03)
(62,499.25)
(51,905.29)
(146,286.88)
(53,439.99)
(76,434.85)
(54,903.72)
(151,385.79)
DTD 06/30/2022 3.250% 06/30/2029
US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 21
Page 58
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 08/01/2022 2.625% 07/31/2029
US TREASURY N/B
DTD 08/01/2022 2.625% 07/31/2029
US TREASURY N/B
DTD 09/30/2022 3.875% 09/30/2029
US TREASURY N/B
91282CFC0
91282CFC0
91282CFL0
91282CFL0
91282CFT3
1,000,000.00 BMO 92.76
92.76
97.81
97.81
98.30
927,617.00
1,020,378.70
1,075,937.50
1,956,250.00
2,678,803.08
(7,539.25)
(36,695.52)
(8,851.56)
(21,718.75)
(29,165.67)
(9,463.21)
(38,701.89)
(9,296.76)
(22,416.85)
(29,410.38)
4.20
4.20
4.25
4.25
4.32
4.37
4.37
4.38
4.38
4.38
1,100,000.00 Nomura
1,100,000.00 BOFAML
2,000,000.00 BMO
DTD 09/30/2022 3.875% 09/30/2029
US TREASURY N/B 2,725,000.00 WellsFar
DTD 10/31/2022 4.000% 10/31/2029
Security Type Sub-Total 225,335,000.00 214,417,642.67 594,246.71 (2,969,078.04)2.58 4.32
Supra-National Agency Bond / Note
INTL BK RECON & DEVELOP 459058LE1 2,590,000.00 BOFAML 100.39 2,600,181.29 10,854.69 10,614.76 1.21 4.41
DTD 04/10/2024 4.750% 04/10/2026
Security Type Sub-Total 2,590,000.00 2,600,181.29 10,854.69 10,614.76 1.21 4.41
Federal Agency Commercial Mortgage-Backed Security
FHMS K062 A2
DTD 02/01/2017 3.413% 12/01/2026
FHMS K067 A2
DTD 09/01/2017 3.194% 07/01/2027
FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
FNA 2023-M6 A2
DTD 07/01/2023 4.181% 07/01/2028
FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
FHMS K506 A2
3137BUX60
3137FAWS3
3137HACX2
3137HAD45
3136BQDE6
3137HAQ74
3137HAMH6
1,710,000.00 Barclays
1,960,000.00 TD Secur
3,150,000.00 SAN
97.87
96.62
100.23
99.71
98.02
99.97
99.78
1,673,513.73
1,893,816.68
3,157,172.55
3,172,666.36
3,184,550.98
2,999,127.00
3,467,466.20
49,013.73
58,077.62
4,465.52
14,259.37
15,074.37
5,248.17
1.83
2.36
3.06
2.28
3.20
3.23
3.20
4.48
4.56
4.67
4.80
4.74
4.68
4.65
3,181,855.56 JPMorgan
3,248,835.69 JPMorgan
3,000,000.00 BMO
(9,109.66)
56,785.18
64,935.00
43,871.87
(9,132.78)
23,393.66
50,225.04
31,634.363,475,000.00 WellsFar
DTD 09/01/2023 4.650% 08/01/2028
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 22
Page 59
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
Federal Agency Commercial Mortgage-Backed Security
FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
FHMS K520 A2
DTD 04/01/2024 5.180% 03/01/2029
FHMS K528 A2
DTD 09/01/2024 4.508% 07/01/2029
FHMS K527 A2
3137HAST4
3137HAMS2
3137HB3D4
3137HB3G7
3137HBLV4
3137HCKV3
3137HFNZ4
3137HFF59
3137HDXL9
3137HH6C0
3137HHJL6
2,330,000.00 MorganSt
3,000,000.00 PNCBank
1,130,000.00 JPMorgan
1,720,000.00 BOFAML
1,790,000.00 JPMorgan
4,000,000.00 WellsFar
1,305,000.00 BOFAML
2,650,000.00 MorganSt
3,345,000.00 BMO
100.39
100.19
101.09
100.32
99.30
2,339,087.00
3,005,832.00
1,142,262.76
1,725,550.44
1,777,439.57
4,059,740.00
1,290,802.91
2,633,002.90
3,312,105.27
2,354,656.17
3,731,033.21
83,374.39
96,183.57
68,420.26
76,504.68
14,864.62
9,514.48
3.30
3.26
3.33
3.37
3.46
3.69
4.03
4.00
4.02
4.12
4.13
4.67
4.67
4.68
4.70
4.71
4.72
4.73
4.72
4.74
4.74
4.73
15,529.59
10,492.00
(30,458.64)
21,458.75
(27,461.53)
25,005.40
(38,802.77)
(60,268.29)
(62,033.43)
(45,634.92)
(18,350.79)
101.49
98.91 (40,270.99)
(63,303.20)
(64,183.86)
(47,413.22)
(18,388.90)
99.36
DTD 08/01/2024 4.618% 07/01/2029
FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
FHMS K529 A2
DTD 10/01/2024 4.791% 09/01/2029
FHMS K530 A2
99.02
2,355,000.00 MorganSt
3,730,000.00 JPMorgan
99.99
100.03
DTD 11/01/2024 4.792% 09/01/2029
Security Type Sub-Total
Corporate Note
47,080,691.25 46,919,825.73 231,058.75 72,459.90 3.36 4.70
AMERICAN HONDA FINANCE 02665WEQ0
06406RAQ0
38141GXS8
46625HQW3
850,000.00 GoldmanS
1,685,000.00 SUMITR
1,900,000.00 BOFAML
1,500,000.00 SBSC
100.76
96.07
99.51
98.48
856,452.35
1,618,818.26
1,890,625.40
1,477,125.00
1,692.35
(65,187.59)
(13,250.60)
46,695.00
4,501.13
(65,967.64)
(10,240.49)
9,399.74
0.73
1.05
0.13
1.17
4.76
4.56
5.12
4.61
DTD 10/04/2023 5.800% 10/03/2025
BANK OF NY MELLON CORP (CALLABLE)
DTD 01/28/2021 0.750% 01/28/2026
GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 02/12/2021 0.855% 02/12/2026
JPMORGAN CHASE & CO (CALLABLE)
DTD 03/23/2016 3.300% 04/01/2026
12/28/25
02/12/25
01/01/26
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 23
Page 60
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
Corporate Note
BANK OF AMERICA CORP (CALLABLE)
DTD 03/22/2022 3.384% 04/02/2026
IBM CORP
DTD 05/15/2019 3.300% 05/15/2026
ASTRAZENECA FINANCE LLC (CALLABLE)
DTD 05/28/2021 1.200% 05/28/2026
TOYOTA MOTOR CREDIT CORP
DTD 06/18/2021 1.125% 06/18/2026
MORGAN STANLEY
DTD 07/25/2016 3.125% 07/27/2026
MORGAN STANLEY
DTD 07/25/2016 3.125% 07/27/2026
STATE STREET CORP (CALLABLE)
DTD 08/03/2023 5.272% 08/03/2026
AMERICAN HONDA FINANCE
DTD 09/09/2021 1.300% 09/09/2026
CATERPILLAR FINL SERVICE
DTD 09/14/2021 1.150% 09/14/2026
JPMORGAN CHASE & CO (CALLABLE)
DTD 07/21/2016 2.950% 10/01/2026
CITIGROUP INC (CALLABLE)
DTD 10/21/2016 3.200% 10/21/2026
NATIONAL RURAL UTIL COOP (CALLABLE)
DTD 11/02/2023 5.600% 11/13/2026
JOHN DEERE CAPITAL CORP
06051GKM0
459200JZ5
04636NAA1
89236TJK2
61761J3R8
61761J3R8
857477CD3
02665WDZ1
14913R2Q9
46625HRV4
172967KY6
63743HFK3
24422EWA3
06051GLE7
38141GWB6
89788MAD4
808513BY0
2,000,000.00 Deutsche
1,675,000.00 MorganSt
1,675,000.00 MorganSt
1,105,000.00 JPMorgan
1,000,000.00 SUSQ
04/02/25
04/28/26
99.63
98.21
95.58
95.23
97.68
97.68
100.99
94.52
94.65
97.42
97.27
101.64
94.58
100.29
98.14
95.89
95.49
1,992,510.00
1,644,947.15
1,601,026.97
1,052,323.55
976,780.00
33,810.00
(199,914.60)
(83,068.28)
(50,223.35)
(85,540.00)
40,500.00
5,795.52
(79,646.06)
(76,677.60)
(51,922.64)
(43,920.19)
9,566.84
0.25
1.32
1.37
1.42
1.49
1.49
1.43
1.64
1.65
1.64
1.69
1.70
1.94
0.99
1.71
1.14
2.06
5.65
4.69
4.49
4.53
4.65
4.65
4.62
4.69
4.43
4.51
4.77
4.64
4.53
5.26
4.79
5.01
4.69
1,000,000.00 SEEL 976,780.00
2,500,000.00 JPMorgan
2,000,000.00 RBC Capi
2,000,000.00 LoopCapM
1,000,000.00 SUSQ
07/03/26 2,524,647.50
1,890,336.00
1,893,088.00
974,230.00
23,247.50 23,924.83
(80,404.00)
(74,552.00)
(83,310.00)
42,568.80
(99,296.82)
(95,385.75)
(46,273.51)
9,761.35
07/01/26
07/21/26
10/13/26
1,200,000.00 RBS 1,167,196.80
782,648.02770,000.00 MIZU 12,917.52 12,818.94
2,000,000.00 JPMorgan
2,000,000.00 JPMorgan
2,300,000.00 MorganSt
2,100,000.00 GoldmanS
2,000,000.00 CSFirstB
1,891,548.00
2,005,702.00
2,257,174.00
2,013,788.70
1,909,784.00
(97,172.00)
37,282.00
(103,872.24)
24,034.77
DTD 01/10/2022 1.700% 01/11/2027
BANK OF AMERICA CORP (CALLABLE)
DTD 01/20/2023 5.080% 01/20/2027
GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 01/26/2017 3.850% 01/26/2027
TRUIST FINANCIAL CORP (CALLABLE)
DTD 03/02/2021 1.267% 03/02/2027
CHARLES SCHWAB CORP (CALLABLE)
DTD 03/03/2022 2.450% 03/03/2027
01/20/26
01/26/26
03/02/26
02/03/27
28,635.00 (9,109.44)
(20,089.57)
(44,569.44)
63,980.70
11,584.00
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 24
Page 61
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
Corporate Note
HOME DEPOT INC (CALLABLE)
DTD 03/28/2022 2.875% 04/15/2027
MORGAN STANLEY (CALLABLE)
437076CN0
61772BAB9
665859AW4
91324PEG3
91324PEG3
693475AT2
63254ABE7
06051GJS9
459200KT7
89788MAC6
89788MAC6
458140BY5
89236TKJ3
882508BC7
20030NEA5
61747YFP5
46647PEE2
2,000,000.00 Scotiaca
500,000.00 BOFAML
1,595,000.00 JPMorgan
400,000.00 BOFAML
1,400,000.00 JPMorgan
2,500,000.00 JANE
03/15/27
05/04/26
04/10/27
04/15/27
04/15/27
04/19/27
96.66
95.86
98.68
98.04
98.04
96.46
98.46
95.34
98.84
91.09
91.09
96.98
99.98
95.84
101.95
101.70
101.71
1,933,252.00
479,296.00
(2,848.00)
26,471.00
(36,434.58)
(7,614.40)
(39,894.40)
(50,030.00)
(20,298.00)
62,603.20
(90,012.50)
12,588.00
140,070.00
(29,223.80)
24,138.50
45,579.10
(46,572.00)
18,059.58
15,227.38
(37,084.00)
1,840.52
2.15
1.30
2.18
2.21
2.21
2.24
2.29
1.50
2.34
2.48
2.48
2.38
2.50
2.64
2.58
2.10
2.13
4.42
5.06
4.61
4.59
4.59
4.74
4.58
5.11
4.64
4.92
4.92
5.01
4.55
4.48
4.61
5.06
4.94
DTD 04/22/2021 1.593% 05/04/2027
NORTHERN TRUST CORP (CALLABLE)
DTD 05/10/2022 4.000% 05/10/2027
UNITEDHEALTH GROUP INC (CALLABLE)
DTD 05/20/2022 3.700% 05/15/2027
UNITEDHEALTH GROUP INC (CALLABLE)
DTD 05/20/2022 3.700% 05/15/2027
PNC FINANCIAL SERVICES (CALLABLE)
DTD 05/19/2017 3.150% 05/19/2027
NATIONAL AUSTRALIA BK/NY
DTD 06/09/2022 3.905% 06/09/2027
BANK OF AMERICA CORP (CALLABLE)
DTD 04/22/2021 1.734% 07/22/2027
IBM CORP (CALLABLE)
DTD 07/27/2022 4.150% 07/27/2027
TRUIST FINANCIAL CORP (CALLABLE)
DTD 08/03/2020 1.125% 08/03/2027
TRUIST FINANCIAL CORP (CALLABLE)
DTD 08/03/2020 1.125% 08/03/2027
INTEL CORP (CALLABLE)
DTD 08/05/2022 3.750% 08/05/2027
TOYOTA MOTOR CREDIT CORP
DTD 09/20/2022 4.550% 09/20/2027
TEXAS INSTRUMENTS INC (CALLABLE)
DTD 11/03/2017 2.900% 11/03/2027
COMCAST CORP (CALLABLE)
DTD 11/07/2022 5.350% 11/15/2027
MORGAN STANLEY (CALLABLE)
DTD 04/19/2024 5.652% 04/13/2028
JPMORGAN CHASE & CO (CALLABLE)
DTD 04/22/2024 5.571% 04/22/2028
1,573,973.12
392,169.60
(28,164.27)
(7,727.63)
(33,289.83)
(69,335.93)
(33,592.64)
22,491.49
(59,969.56)
(6,130.27)
15,367.96
(48,167.11)
13,064.79
(13,842.31)
(11,708.09)
19,752.84
15,875.69
1,372,593.60
2,411,470.00
2,953,692.00
1,048,753.20
2,471,042.50
273,273.00
3,000,000.00 JPMorgan
1,100,000.00 JANE 07/22/26
06/27/27
06/03/27
06/03/27
07/05/27
2,500,000.00 BNPPSA
300,000.00 JANE
1,500,000.00 GoldmanS
2,300,000.00 BNPPSA
2,300,000.00 Citigrou
2,300,000.00 MorganSt
2,000,000.00 TD Secur
1,540,000.00 JANE
1,366,365.00
2,230,618.20
2,299,597.50
2,204,313.10
2,038,948.00
1,566,159.98
1,093,355.63
08/03/27
10/15/27
04/13/27
04/22/271,075,000.00 MAXE
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 25
Page 62
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
Corporate Note
HERSHEY COMPANY (CALLABLE)
DTD 05/04/2023 4.250% 05/04/2028
META PLATFORMS INC (CALLABLE)
DTD 05/03/2023 4.600% 05/15/2028
MERCK & CO INC (CALLABLE)
DTD 05/17/2023 4.050% 05/17/2028
AMERICAN HONDA FINANCE
DTD 07/07/2023 5.125% 07/07/2028
JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
BMW US CAPITAL LLC (CALLABLE)
DTD 08/11/2023 5.050% 08/11/2028
CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
COOPERAT RABOBANK UA/NY
DTD 01/09/2024 4.800% 01/09/2029
CISCO SYSTEMS INC (CALLABLE)
DTD 02/26/2024 4.850% 02/26/2029
CATERPILLAR FINL SERVICE
427866BH0
30303M8L9
58933YBH7
02665WEM9
24422EXB0
05565ECE3
17325FBB3
21688ABC5
17275RBR2
14913UAQ3
2,400,000.00 GoldmanS
2,500,000.00 JPMorgan
3,050,000.00 Citigrou
800,000.00 GoldmanS
800,000.00 GoldmanS
2,700,000.00 Barclays
3,400,000.00 GoldmanS
2,250,000.00 MIZU
04/04/28
04/15/28
04/17/28
99.05
100.12
98.52
2,377,084.80
2,503,085.00
3,004,728.85
805,451.20
(46,795.20)
(1,565.00)
(23,097.65)
9,067.20
(38,776.60)
(86.40)
3.03
3.04
3.08
3.11
3.14
3.17
3.26
3.54
3.64
4.07
4.51
4.55
4.51
4.90
4.64
4.96
4.87
4.81
4.66
4.70
(30,249.99)
8,000.12100.68
100.97
100.19
103.11
99.84
807,728.00 2,368.00 3,881.73
07/11/28
08/29/28
2,705,113.80
3,505,825.00
2,246,445.00
1,630,197.90
211,670.30
35,515.80
122,689.00
(6,705.00)
10,764.90
(2,747.05)
27,144.24
118,927.07
(6,153.85)
10,673.87
(2,786.82)
1,620,000.00 Citigrou
215,000.00 BOFAML
01/26/29 100.63
98.45
DTD 08/16/2024 4.375% 08/16/2029
Security Type Sub-Total
Certificate of Deposit
82,305,000.00 80,903,733.98 (368,405.47)(817,213.25)2.12 4.74
CHIPPEWA VALLEY BANK
DTD 07/29/2020 0.500% 07/29/2025
MEDALLION BANK UTAH
DTD 07/30/2020 0.550% 07/30/2025
NATIXIS NY BRANCH
DTD 09/20/2023 5.610% 09/18/2026
CREDIT AGRICOLE CIB NY
169894AT9
58404DHQ7
63873QP65
22536DWD6
245,000.00 NEW ACC
245,000.00 NEW ACC
2,300,000.00 WellsFar
3,100,000.00 CRAG
97.90
97.92
239,866.52
239,913.07
(5,133.48)
(5,086.93)
56,612.20
(15,295.40)
(5,133.48)
(5,086.93)
56,612.20
(15,295.40)
0.57
0.57
1.63
1.91
4.27
4.25
4.05
4.94
102.46
99.51
2,356,612.20
3,084,704.60
DTD 02/05/2024 4.760% 02/01/2027
Security Type Sub-Total 5,890,000.00 5,921,096.39 31,096.39 31,096.39 1.69 4.53
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 26
Page 63
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
Bank Note
WELLS FARGO BANK NA (CALLABLE)
DTD 08/09/2023 5.450% 08/07/2026
94988J6D4 4,675,000.00 BOFAML 07/07/26 101.20 4,730,964.43 58,769.43 57,463.21 1.44 4.68
Security Type Sub-Total
Asset-Backed Security
4,675,000.00 4,730,964.43 58,769.43 57,463.21 1.44 4.68
KCOT 2021-2A A3
DTD 07/28/2021 0.560% 11/17/2025
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
CARMX 2021-3 A3
DTD 07/28/2021 0.550% 06/15/2026
VALET 2021-1 A3
DTD 12/13/2021 1.020% 06/22/2026
HART 2022-A A3
DTD 03/16/2022 2.220% 10/15/2026
GMCAR 2022-1 A3
DTD 01/19/2022 1.260% 11/16/2026
HAROT 2024-3 A2
DTD 08/21/2024 4.890% 02/22/2027
WOART 2024-A A2A
DTD 02/14/2024 5.050% 04/15/2027
NAROT 2023-B A3
DTD 10/25/2023 5.930% 03/15/2028
AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
DCENT 2023-A2 A
50117XAE2
43815GAC3
14317DAC4
92868KAC7
448977AD0
380146AC4
43813YAB8
98164RAB2
65480MAD5
02582JJZ4
14041NGD7
02582JJZ4
05522RDG0
254683CZ6
36,916.05 SUMITR
116,870.05 BOFAML
221,117.33 RBC Capi
126,074.64 WellsFar
490,576.92 BOFAML
153,421.46 BNPPSA
2,440,000.00 JPMorgan
696,511.09 MIZU
99.84
99.22
36,858.42
115,961.15
219,446.57
125,408.33
486,903.97
152,032.53
2,447,112.60
697,544.71
660,414.30
2,010,544.00
2,720,201.28
2,734,339.84
3,464,085.93
3,326,604.79
(56.24)
(884.26)
(57.34)
(902.64)
0.04
0.21
0.20
0.16
0.31
0.28
0.73
0.36
1.05
1.30
1.30
1.30
1.30
1.38
4.33
7.01
4.29
4.22
4.53
4.42
4.52
4.63
4.46
4.50
4.45
4.50
4.49
4.50
99.24 (1,634.39)
(661.36)
(1,659.92)
(664.70)99.47
99.25 (3,654.07)
(1,375.60)
7,303.65
(3,665.57)
(1,383.75)
7,276.00
99.09
100.29
100.15
101.60
100.53
100.01
100.53
100.44
100.65
1,088.16 1,072.68
650,000.00 MIZU 10,546.25
14,919.00
36,963.78
16,783.59
26,402.96
20,055.57
10,512.74
13,640.94
25,894.82
16,047.79
22,995.47
20,514.11
2,000,000.00 SUMITR
2,720,000.00 SUMITR
2,720,000.00 SUMITR
3,449,000.00 SUMITR
3,305,000.00 SUMITR
DTD 06/28/2023 4.930% 06/15/2028
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 27
Page 64
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
Asset-Backed Security
HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
TAOT 2024-C A3
DTD 07/30/2024 4.880% 03/15/2029
HART 2024-C A3
DTD 10/16/2024 4.410% 05/15/2029
BACCT 2024-A1 A
DTD 06/13/2024 4.930% 05/15/2029
AMXCA 2024-3 A
DTD 07/23/2024 4.650% 07/15/2029
GMCAR 2024-4 A3
DTD 10/16/2024 4.400% 08/16/2029
WFCIT 2024-A2 A
438123AC5
89237QAD2
448976AD2
05522RDJ4
02589BAE0
38014AAD3
92970QAE5
395,000.00 JPMorgan
1,475,000.00 MUFG
1,215,000.00 Barclays
3,065,000.00 BOFAML
2,095,000.00 Citigrou
975,000.00 MIZU
101.59
100.69
99.58
401,269.84
1,485,133.25
1,209,852.05
3,094,322.86
2,099,125.06
971,978.48
6,339.40
10,134.13
(5,059.01)
29,494.81
4,220.17
6,323.25
10,133.25
(5,065.95)
29,467.25
4,210.63
1.30
1.93
2.10
2.19
2.34
2.11
2.57
4.51
4.65
4.64
4.54
4.56
4.58
4.59
100.96
100.20
99.69 (2,833.74)
(11,807.95)
(2,842.31)
(11,818.42)1,750,000.00 WellsFar 99.31 1,737,932.00
DTD 10/24/2024 4.290% 10/15/2029
Security Type Sub-Total 30,095,487.54
397,971,178.78
$397,971,178.78
30,197,071.96
385,690,516.45
156,284.85
713,905.35
$713,905.35
140,028.33
(3,474,628.70)
($3,474,628.70)
1.52
2.46
2.46
4.53
4.48Managed Account Sub-Total
Securities Sub-Total
Accrued Interest
Total Investments
$385,690,516.45
$2,377,693.68
4.48%
$388,068,210.13
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 28
Page 65
Managed Account Security Transactions & Interest For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Transaction Type Principal
Proceeds
Accrued
Interest
Realized G/L Realized G/L Sale
MethodTrade
BUY
Settle Security Description CUSIP Par Total Cost Amort Cost
12/02/24
12/02/24
12/26/24
12/05/24
12/05/24
12/31/24
US TREASURY N/B
DTD 10/31/2022 4.000% 10/31/2029
US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
US TREASURY N/B
91282CFT3 2,725,000.00
2,000,000.00
800,000.00
(2,707,968.75)
(1,800,937.50)
(795,031.25)
(10,538.67)
(966.85)
(2,718,507.42)
(1,801,904.35)
(799,224.62)
91282CAU5
91282CLX7 (4,193.37)
DTD 11/15/2024 4.125% 11/15/2027
Transaction Type Sub-Total
INTEREST
5,525,000.00 (5,303,937.50)(15,698.89)(5,319,636.39)
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
FHMS K528 A2
DTD 09/01/2024 4.508% 07/01/2029
FHMS K067 A2
DTD 09/01/2017 3.194% 07/01/2027
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
FHMS K530 A2
DTD 11/01/2024 4.792% 09/01/2029
FNA 2023-M6 A2
DTD 07/01/2023 4.181% 07/01/2028
FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
FHMS K527 A2
DTD 08/01/2024 4.618% 07/01/2029
FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
FHMS K529 A2
3137HBLV4
3137HDXL9
3137HFNZ4
3137FAWS3
3137HAD45
3137HHJL6
3136BQDE6
3137HAMS2
3137HAST4
3137HFF59
3137HB3D4
3137HH6C0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
6,819.90
12,663.61
4,902.45
5,216.87
12,676.94
14,895.13
11,320.02
12,000.00
9,417.08
10,198.08
4,773.31
9,402.34
6,819.90
12,663.61
4,902.45
5,216.87
12,676.94
14,895.13
11,320.02
12,000.00
9,417.08
10,198.08
4,773.31
9,402.34
DTD 10/01/2024 4.791% 09/01/2029
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 29
Page 66
Managed Account Security Transactions & Interest For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Transaction Type Principal
Proceeds
Accrued
Interest
Realized G/L Realized G/L Sale
MethodTradeSettleSecurity Description CUSIP Par Total Cost Amort Cost
INTEREST
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/02/24
12/09/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/02/24
12/09/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
FHMS K062 A2
DTD 02/01/2017 3.413% 12/01/2026
FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
FHMS K520 A2
DTD 04/01/2024 5.180% 03/01/2029
MONEY MARKET FUND
DTD 01/01/2010 0.000%
NATIONAL AUSTRALIA BK/NY
DTD 06/09/2022 3.905% 06/09/2027
BACCT 2024-A1 A
DTD 06/13/2024 4.930% 05/15/2029
TAOT 2024-C A3
DTD 07/30/2024 4.880% 03/15/2029
WFCIT 2024-A2 A
DTD 10/24/2024 4.290% 10/15/2029
NAROT 2023-B A3
DTD 10/25/2023 5.930% 03/15/2028
AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
CARMX 2021-3 A3
DTD 07/28/2021 0.550% 06/15/2026
WOART 2024-A A2A
3137HB3G7 0.00 6,966.00 6,966.00
3137HAQ74
3137HACX2
3137BUX60
3137HAMH6
3137HCKV3
MONEY0002
63254ABE7
05522RDJ4
89237QAD2
92970QAE5
65480MAD5
02582JJZ4
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
11,850.00
12,649.88
4,863.53
13,465.63
17,266.67
1,330.97
58,575.00
12,592.04
5,998.33
6,256.25
3,212.08
19,155.33
122.74
11,850.00
12,649.88
4,863.53
13,465.63
17,266.67
1,330.97
58,575.00
12,592.04
5,998.33
6,256.25
3,212.08
19,155.33
122.74
--
14317DAC4
98164RAB2
14041NGD7
254683CZ6
3,254.61
10,018.67
13,578.04
3,254.61
10,018.67
13,578.04
DTD 02/14/2024 5.050% 04/15/2027
COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 30
Page 67
Managed Account Security Transactions & Interest For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Transaction Type Principal
Proceeds
Accrued
Interest
Realized G/L Realized G/L Sale
MethodTradeSettleSecurity Description CUSIP Par Total Cost Amort Cost
INTEREST
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/16/24
12/16/24
12/18/24
12/20/24
12/21/24
12/21/24
12/21/24
12/29/24
12/30/24
12/31/24
12/31/24
12/31/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/16/24
12/16/24
12/18/24
12/20/24
12/21/24
12/21/24
12/21/24
12/29/24
12/30/24
12/31/24
12/31/24
12/31/24
HART 2022-A A3
DTD 03/16/2022 2.220% 10/15/2026
HART 2024-C A3
DTD 10/16/2024 4.410% 05/15/2029
BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
AMXCA 2024-3 A
DTD 07/23/2024 4.650% 07/15/2029
KCOT 2021-2A A3
DTD 07/28/2021 0.560% 11/17/2025
GMCAR 2022-1 A3
DTD 01/19/2022 1.260% 11/16/2026
GMCAR 2024-4 A3
DTD 10/16/2024 4.400% 08/16/2029
TOYOTA MOTOR CREDIT CORP
DTD 06/18/2021 1.125% 06/18/2026
VALET 2021-1 A3
DTD 12/13/2021 1.020% 06/22/2026
HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
HAROT 2024-3 A2
DTD 08/21/2024 4.890% 02/22/2027
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
CHIPPEWA VALLEY BANK
DTD 07/29/2020 0.500% 07/29/2025
MEDALLION BANK UTAH
DTD 07/30/2020 0.550% 07/30/2025
US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2027
US TREASURY N/B
448977AD0 0.00 1,038.81 1,038.81
448976AD2
05522RDG0
02589BAE0
50117XAE2
380146AC4
38014AAD3
89236TJK2
92868KAC7
438123AC5
43813YAB8
43815GAC3
169894AT9
58404DHQ7
91282CJR3
91282CGC9
91282CBC4
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4,465.13
13,767.26
8,118.13
36.81
4,465.13
13,767.26
8,118.13
36.81
186.41 186.41
3,575.00
6,215.63
139.73
3,575.00
6,215.63
139.73
1,866.38
9,943.00
105.80
1,866.38
9,943.00
105.80
100.68 100.68
110.75 110.75
90,000.00
96,875.00
6,046.88
90,000.00
96,875.00
6,046.88
DTD 12/31/2020 0.375% 12/31/2025
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 31
Page 68
Managed Account Security Transactions & Interest For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Transaction Type Principal
Proceeds
Accrued
Interest
Realized G/L Realized G/L
Cost Amort Cost
Sale
MethodTradeSettleSecurity Description CUSIP Par Total
INTEREST
12/31/24
12/31/24
12/31/24
12/31/24
12/31/24
12/31/24
12/31/24
12/31/24
US TREASURY N/B
DTD 12/31/2021 1.250% 12/31/2026
US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
US TREASURY N/B
DTD 12/31/2019 1.750% 12/31/2026
US TREASURY N/B
91282CDQ1 0.00 10,156.25
117,000.00
30,800.00
21,093.75
10,156.25
117,000.00
30,800.00
21,093.75
91282CEV9
912828YX2
91282CCH2
0.00
0.00
0.00
DTD 06/30/2021 1.250% 06/30/2028
Transaction Type Sub-Total
PAYDOWNS
0.00 737,082.90 737,082.90
12/01/24
12/01/24
12/15/24
12/15/24
12/15/24
12/15/24
12/16/24
12/20/24
12/21/24
12/25/24
12/25/24
12/15/24
12/15/24
12/15/24
12/15/24
12/16/24
12/20/24
12/21/24
FNA 2023-M6 A2
DTD 07/01/2023 4.181% 07/01/2028
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
CARMX 2021-3 A3
DTD 07/28/2021 0.550% 06/15/2026
WOART 2024-A A2A
DTD 02/14/2024 5.050% 04/15/2027
KCOT 2021-2A A3
DTD 07/28/2021 0.560% 11/17/2025
HART 2022-A A3
DTD 03/16/2022 2.220% 10/15/2026
GMCAR 2022-1 A3
DTD 01/19/2022 1.260% 11/16/2026
VALET 2021-1 A3
3136BQDE6
3137HAD45
14317DAC4
98164RAB2
50117XAE2
448977AD0
380146AC4
92868KAC7
43815GAC3
20.76 20.76
2,639.15
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
20.76
2,639.15
0.77
0.06
7.68
6.02
1.58
2.73
2.10
1.50
5.78
0.57
2,639.15
46,687.67
76,861.26
41,957.77
70,940.45
24,109.49
38,309.16
27,401.90
0.05
2.36
4.39
0.34
1.09
0.83
0.50
1.51
46,687.67
76,861.26
41,957.77
70,940.45
24,109.49
38,309.16
27,401.90
46,687.67
76,861.26
41,957.77
70,940.45
24,109.49
38,309.16
27,401.90
DTD 12/13/2021 1.020% 06/22/2026
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
Transaction Type Sub-Total
SELL
328,927.61 328,927.61 0.00 328,927.61 28.22 11.64
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 32
Page 69
Managed Account Security Transactions & Interest For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA -
Transaction Type Principal
Proceeds
Accrued
Interest
Realized G/L Realized G/L Sale
MethodTrade
SELL
Settle Security Description CUSIP Par Total Cost Amort Cost
12/02/24 12/05/24 US TREASURY N/B 91282CJB8 4,175,000.00 4,194,244.14 37,850.27 4,232,094.41 0.00 10,389.41 FIFO
DTD 10/02/2023 5.000% 09/30/2025
Transaction Type Sub-Total
Managed Account Sub-Total
Total Security Transactions
4,175,000.00 4,194,244.14
(780,765.75)
($780,765.75)
37,850.27
759,234.28
$759,234.28
4,232,094.41
(21,531.47)
($21,531.47)
0.00 10,389.41
10,401.05
$10,401.05
28.22
$28.22
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 33
Page 70
Page 71
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
ACCOUNT STATEMENT
For the Month EndingRANCHO CUCAMONGA FIRE PROTECTION DISTRICT December 31, 2024
Client Management Team Contents
Cover/Disclosures
Summary Statement
Individual Accounts
Meredith LaBuda Sullivan
Senior Portfolio Manager
Accounts included in Statement
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS
Jeremy King
Key Account Manager
Rachael Miller
Client Consultant
RANCHO CUCAMONGA FIRE PROTECTION DISTRICT
10500 CIVIC CENTER DRIVE
RANCHO CUCAMONGA, CA 91730
Online Access https://www.pfmam.com Customer Service 1-717-232-2723
Page 72
Account Statement
Important Disclosures For the Month Ending December 31, 2024
Important Disclosures
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.
Tax Reporting Cost data and realized gains / losses are provided for informational Average maturity represents the average maturity of all securities and
purposes only. Please review for accuracy and consult your tax advisor to determine investments of a portfolio, determined by multiplying the par or principal value of
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.
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
Financial Situation In order to better serve you, PFMAM should be promptly notified on the level or prepayments on the underlying mortgages or whether a callable
of any material change in your investment objective or financial situation.
Callable Securities Securities subject to redemption prior to maturity may be
security has or is still able to be called.
Monthly distribution yield represents the net change in the value of one share
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.
redeemed in whole or in part before maturity, which could affect the yield represented. (normally $1.00 per share) resulting from all dividends declared during the month
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
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
securities subject to an adjustable interest rate or subject to principal paydowns. Any period from purchase date to maturity, stated as a percentage, on an annualized
changes to the values shown may be reflected within the next monthly statement’s
beginning values.
basis.
YTM at Market The yield to maturity at market is the rate of return, based on the
Rating Information provided for ratings is based upon a good faith inquiry of selected current market value, the annual interest receipts, maturity value and the time
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.
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
which is registered with the SEC as a broker/dealer and is a member of the Financial investments are directly owned by the client and held by the client’s custodian.
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.
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
Unsettled Trade A trade which has been executed however the final
consummation of the security transaction and payment has not yet taken place.
In August 2024, PFMAM converted its portfolio accounting system from FIS
Investment Accounting Manager to SS&C PORTIA. The new system has
recalculated the amortized cost and yield to maturity at cost of each security,
Dividends on local government investment program funds consist of interest earned, based upon original cost and settlement date. Some securities, including some
plus any discount ratably amortized to the date of maturity, plus all realized gains and factored securities and previously exchanged securities, are now on a modified
amortization schedule as compared with that of the past. Where transfers havelosses 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 occurred between your portfolios we have returned their settlement dates to the
be paid either monthly or quarterly. The monthly earnings on this statement represent settlement dates of the original purchases in order to minimize any impact to
the estimated dividend accrued for the month for any program that distributes earnings their amortization schedules.
on a quarterly basis. There is no guarantee that the estimated amount will be paid on Please review the detail pages of this statement carefully. If you think your
statement is wrong, missing account information, or if you need more informationthe actual distribution date.
Current Yield is the net change, exclusive of capital changes and income other than about a transaction, please contact PFMAM within 60 days of receipt. If you have
investment income, in the value of a hypothetical fund account with a balance of one 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
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 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.
Attn: Service Operations
213 Market Street
Harrisburg, PA 17101
NOT FDIC INSURED ꢀ ꢀ NO BANK GUARANTEE ꢀ ꢀ MAY LOSE VALUE
Page 73
Account Statement
Consolidated Summary Statement
RANCHO CUCAMONGA FIRE PROTECTION DISTRICT
For the Month Ending December 31, 2024
Portfolio Summary Investment Allocation
Cash Dividends
and Income
Closing
Market Value Investment Type Closing Market Value PercentPortfolio Holdings
PFMAM Managed Account
CAMP Pool
202,140.74
0.00
63,157,995.06
31,032,116.81
142,540.52
Asset-Backed Security
Corporate Note
Bank Note
Certificate of Deposit
Federal Agency Commercial Mortgage-Backed Sec
Corporate Note
5,234,583.66
12,565,731.14
885,474.63
1,236,847.61
7,272,744.91
450,852.30
5.55
13.32
0.94
1.31
7.71
Local Agency Investment Fund 0.00
Total $202,140.74 $94,332,652.39
0.48
Supra-National Agency Bond / Note
U.S. Treasury Bond / Note
CAMP Pool
2,051,085.03
33,460,675.78
31,032,116.81
142,540.52
2.17
35.47
32.90
0.15Local Agency Investment Fund
Total $94,332,652.39 100.00%
Maturity Distribution (Fixed Income Holdings)
Portfolio Holdings
Sector Allocation
ABS5.55%
Closing Market Value Percent Corporate Note
13.32%
Bank Note
0.94%
Cert of Deposit
1.31%
Federal Agency
Commercial
Mortgage-Backed
Security
7.71%
Priv Placement
Bond
0.48%
Supra-National
Local Agency
Investment Fund
0.15%Under 30 days
31 to 60 days
61 to 90 days
91 to 180 days
181 days to 1 year
1 to 2 years
31,174,657.33
0.00
33.04
0.00 CAMP Pool
32.90%0.00 0.00
0.00 0.00
2,139,386.28
15,241,009.73
15,768,581.43
17,578,503.83
12,430,513.79
0.00
2.27
16.16
16.72
18.63
13.18
0.00
2 to 3 years
3 to 4 years
4 to 5 years
Over 5 years Agency Bond / Note
2.17%
US TSY Bond / Note
35.47%
Total $94,332,652.39 100.00%
Weighted Average Days to Maturity 690
PFM Asset Management Summary Page 1
Page 74
Managed Account Summary Statement
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Transaction Summary - Managed Account
Opening Market Value
Cash Transactions Summary - Managed Account
$63,209,249.41 Maturities/Calls 0.00
1,445,694.60
118,125.92
28,396.86
(1,628,175.77)
(0.04)
Sale ProceedsMaturities/Calls (28,396.86)
(1,445,332.03)
1,626,005.47
0.00
Coupon/Interest/Dividend Income
Principal Payments
Security Purchases
Net Cash Contribution
Principal Dispositions
Principal Acquisitions
Unsettled Trades C_h_a_n_g_e__i n_C_u_r_r_en_t_V_a_l_u_e_____________________
________________________________________________________________________ Reconciling Transactions
(203,530.93)0.00
Closing Market Value $63,157,995.06
Earnings Reconciliation (Cash Basis) - Managed Account Cash Balance
Interest/Dividends/Coupons Received
Less Purchased Interest Related to Interest/Coupons
Plus Net Realized Gains/Losses
118,488.49
(2,170.30)
85,822.55
Closing Cash Balance $56,229.65
Total Cash Basis Earnings $202,140.74
TotalEarnings Reconciliation (Accrual Basis)
Ending Amortized Value of Securities
Ending Accrued Interest
63,785,475.60
412,398.41
Plus Proceeds from Sales 1,445,694.60
28,396.86
118,125.92
(1,628,175.77)
(63,608,872.36)
(360,958.41)
Plus Proceeds of Maturities/Calls/Principal Payments
Plus Coupons/Dividends Received
Less Cost of New Purchases
Less Beginning Amortized Value of Securities
Less Beginning Accrued Interest
Total Accrual Basis Earnings $192,084.85
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 1
Page 75
Portfolio Summary and Statistics For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
Account Summary Sector Allocation
Description Par Value Market Value Percent ABS
8.29%
Bank Note
1.40%
Cert of Deposit
1.96%
Corporate Note
19.90%
Federal Agency
Commercial
Mortgage-Backed
Security
11.52%
Priv Placement
Bond
U.S. Treasury Bond / Note
Supra-National Agency Bond / Note
Federal Agency Commercial
Mortgage-Backed Security
Corporate Note
Certificate of Deposit
Bank Note
Asset-Backed Security
Managed Account Sub-Total
Accrued Interest
35,185,000.00
2,115,000.00
7,307,086.80
33,460,675.78
2,051,085.03
7,272,744.91
52.97
3.25
11.52
13,225,000.00
1,235,000.00
875,000.00
5,215,215.24
65,157,302.04
13,016,583.44
1,236,847.61
885,474.63
5,234,583.66
63,157,995.06 100.00%
412,398.41
20.61
1.96
1.40
8.29
Total Portfolio 65,157,302.04
0.00
63,570,393.47
0.71%
Supra-National
Agency Bond / Note
3.25%US TSY Bond / Note
52.97%Unsettled Trades 0.00
Maturity Distribution Characteristics
27.83%Yield to Maturity at Cost 3.90%
4.47%
1034
24.97%24.13%Yield to Maturity at Market
Weighted Average Days to Maturity19.68%
3.39%
0.00%0.00%
0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 2
Page 76
Managed Account Issuer Summary For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
Issuer Summary Credit Quality (S&P Ratings)
Market Value
Issuer
Amazon.com Inc
American Express Co
AstraZeneca PLC
of Holdings
301,822.80
1,478,725.34
143,375.55
1,157,626.60
513,524.83
436,893.35
450,852.30
515,038.11
93,528.74
286,467.60
271,699.65
934,304.30
433,276.45
369,415.40
587,088.94
189,154.80
629,085.63
6,710,765.33
561,979.58
175,507.57
763,152.82
409,845.60
420,942.10
483,237.59
491,077.80
260,540.28
249,466.00
421,877.79
2,051,085.03
266,053.33
467,034.75
239,913.07
Percent
0.48
2.34
0.23
1.83
0.81
0.69
0.71
0.82
0.15
0.45
0.43
1.48
0.69
0.58
0.93
0.30
1.00
10.63
0.89
0.28
1.21
0.65
0.67
0.77
0.78
0.41
0.39
0.67
3.25
0.42
0.74
0.38
A
NR
1.34%
BBB+
1.75%
BBB
0.67%
AAA
10.58%
4.62%
A+
8.45%
A-
5.86%
AA
0.48%
BA Credit Card Trust
Bank of America Corp
Bank of New York Mellon Corp
Bayerische Motoren Werke AG
Capital One Financial Corp
Caterpillar Inc
Charles Schwab Corp
Cisco Systems Inc
Citigroup Inc
Comcast Corp
Cooperatieve Rabobank UA
Credit Agricole Group
Deere & Co
Discover Card Execution Note Trust
Federal Home Loan Mortgage Corp
Federal National Mortgage Association
GM Financial Consumer Automobile Receiv
Goldman Sachs Group Inc
Groupe BPCE
Hershey Co
Honda Auto Receivables Owner Trust
Honda Motor Co Ltd
Honeywell International Inc
Hyundai Auto Receivables Trust
Intel Corp
International Bank for Reconstruction &
International Business Machines Corp
JPMorgan Chase & Co
Medallion Financial Corp
AA-
1.77%
AA+
64.48%
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 3
Page 77
Managed Account Issuer Summary For the Month Ending December 31, 2024
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
Market Value
Issuer
Merck & Co Inc
Meta Platforms Inc
Morgan Stanley
National Australia Bank Ltd
National Rural Utilities Cooperative Fi
Nissan Auto Receivables Owner Trust
Northern Trust Corp
PNC Financial Services Group Inc
State Street Corp
Texas Instruments Inc
Toyota Auto Receivables Owner Trust
Toyota Motor Corp
of Holdings
467,949.58
450,555.30
458,767.45
393,825.60
157,546.03
121,922.64
394,726.80
265,261.70
595,816.81
383,358.80
241,648.80
792,759.69
618,965.33
33,460,675.78
308,833.56
12,846.70
Percent
0.74
0.71
0.73
0.62
0.25
0.19
0.62
0.42
0.94
0.61
0.38
1.26
0.98
52.97
0.49
0.02
1.40
0.44
0.17
Truist Financial Corp
United States Treasury
UnitedHealth Group Inc
Volkswagen Auto Loan Enhanced Trust
Wells Fargo & Co
WF Card Issuance Trust
World Omni Auto Trust
885,474.63
278,069.12
104,631.71
Total $63,157,995.06 100.00%
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 4
Page 78
Managed Account Detail of Securities Held
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 11/30/2023 4.875% 11/30/2025
91282CJL6
91282CAZ4
91282CBH3
9128286F2
91282CGV7
91282CBW0
912828R36
9128286X3
91282CCJ8
91282CCJ8
9128282A7
91282CCZ2
91282CDG3
91282CDG3
350,000.00 AA+
1,345,000.00 AA+
200,000.00 AA+
500,000.00 AA+
800,000.00 AA+
700,000.00 AA+
600,000.00 AA+
550,000.00 AA+
525,000.00 AA+
600,000.00 AA+
1,000,000.00 AA+
1,500,000.00 AA+
200,000.00 AA+
310,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
10/10/24
06/01/22
09/01/21
05/12/22
04/01/24
05/25/21
03/03/22
07/26/21
09/03/24
01/06/22
04/21/22
05/12/22
10/28/24
11/01/21
10/11/24
06/03/22
09/03/21
05/13/22
04/03/24
05/27/21
03/07/22
07/28/21
09/05/24
01/07/22
04/22/22
05/13/22
10/31/24
11/03/21
352,556.64 0.00
1,236,244.14 2.82
197,164.06 0.70
494,335.94 2.82
785,187.50 4.72
698,660.16 0.79
596,554.69 1.77
587,318.36 0.70
496,617.19 3.99
585,468.75 1.44
939,023.44 3.02
1,379,472.66 2.84
188,554.69 4.14
308,595.31 1.22
1,500.00
443.41
352,061.31
1,316,617.79
199,304.66
498,272.60
790,637.38
699,639.53
598,876.33
560,870.45
501,463.52
595,156.25
977,133.79
1,452,045.02
189,505.14
309,485.28
351,894.90
1,298,796.56
191,898.40
490,176.00
794,906.40
668,581.90
579,093.60
534,058.80
499,508.62
570,867.00
957,227.00
1,415,449.50
189,054.60
293,034.63
US TREASURY N/B
DTD 11/30/2020 0.375% 11/30/2025
US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
313.86
US TREASURY N/B
DTD 02/28/2019 2.500% 02/28/2026
4,247.24
6,428.57
899.17
US TREASURY N/B
DTD 04/17/2023 3.750% 04/15/2026
US TREASURY N/B
DTD 04/30/2021 0.750% 04/30/2026
US TREASURY N/B
DTD 05/16/2016 1.625% 05/15/2026
1,265.88
1,027.47
12.69
US TREASURY N/B
DTD 05/31/2019 2.125% 05/31/2026
US TREASURY N/B
DTD 06/30/2021 0.875% 06/30/2026
US TREASURY N/B
DTD 06/30/2021 0.875% 06/30/2026
14.50
US TREASURY N/B
DTD 08/15/2016 1.500% 08/15/2026
5,665.76
3,353.37
385.36
US TREASURY N/B
DTD 09/30/2021 0.875% 09/30/2026
US TREASURY N/B
DTD 11/01/2021 1.125% 10/31/2026
US TREASURY N/B 597.31
DTD 11/01/2021 1.125% 10/31/2026
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 5
Page 79
Managed Account Detail of Securities Held
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - 73340100
For the Month Ending December 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 11/01/2021 1.125% 10/31/2026
91282CDG3
91282CJT9
91282CJT9
912828V98
912828ZB9
912828X88
912828X88
91282CFB2
91282CAL5
91282CFM8
91282CFM8
91282CAU5
91282CAU5
91282CLX7
1,000,000.00 AA+
575,000.00 AA+
925,000.00 AA+
700,000.00 AA+
700,000.00 AA+
750,000.00 AA+
800,000.00 AA+
500,000.00 AA+
300,000.00 AA+
600,000.00 AA+
1,000,000.00 AA+
500,000.00 AA+
800,000.00 AA+
140,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
11/17/21
07/01/24
08/01/24
08/01/22
09/05/23
08/22/22
12/02/24
01/04/23
10/28/24
10/01/24
05/03/23
01/04/23
12/02/24
12/26/24
11/18/21
07/02/24
08/02/24
08/03/22
09/08/23
08/24/22
12/05/24
01/06/23
10/31/24
10/03/24
05/08/23
01/06/23
12/05/24
12/31/24
993,945.31 1.25
565,948.24 4.66
922,904.30 4.10
686,054.69 2.72
623,792.97 4.54
722,548.83 3.22
766,500.00 4.19
475,625.00 3.93
269,636.72 4.09
610,687.50 3.49
1,027,031.25 3.46
425,820.31 3.91
720,375.00 4.18
139,130.47 4.36
1,926.80
10,625.00
17,092.39
5,949.05
2,675.76
2,312.67
2,466.85
5,754.08
287.43
997,762.98
567,643.35
923,243.25
693,477.60
652,678.38
736,250.54
767,479.96
486,240.63
271,320.34
609,843.25
1,016,865.08
456,436.83
722,314.09
139,131.35
945,273.00
572,125.00
920,375.00
671,699.00
655,211.20
718,183.50
766,062.40
481,484.50
269,929.80
597,562.80
995,938.00
450,000.00
720,000.00
139,365.66
US TREASURY N/B
DTD 01/16/2024 4.000% 01/15/2027
US TREASURY N/B
DTD 01/16/2024 4.000% 01/15/2027
US TREASURY N/B
DTD 02/15/2017 2.250% 02/15/2027
US TREASURY N/B
DTD 03/02/2020 1.125% 02/28/2027
US TREASURY N/B
DTD 05/15/2017 2.375% 05/15/2027
US TREASURY N/B
DTD 05/15/2017 2.375% 05/15/2027
US TREASURY N/B
DTD 08/01/2022 2.750% 07/31/2027
US TREASURY N/B
DTD 09/30/2020 0.375% 09/30/2027
US TREASURY N/B
DTD 09/30/2022 4.125% 09/30/2027
6,323.49
10,539.15
428.18
US TREASURY N/B
DTD 09/30/2022 4.125% 09/30/2027
US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
685.08
US TREASURY N/B 749.79
DTD 11/15/2024 4.125% 11/15/2027
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 6
Page 80
Managed Account Detail of Securities Held
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 11/15/2017 2.250% 11/15/2027
9128283F5
91282CBJ9
9128283W8
91282CBS9
91282CBS9
91282CBZ3
91282CCH2
91282CCR0
91282CJA0
91282CJF9
9128285M8
91282CJR3
91282CDW8
91282CDW8
825,000.00 AA+
825,000.00 AA+
1,000,000.00 AA+
500,000.00 AA+
500,000.00 AA+
1,150,000.00 AA+
825,000.00 AA+
725,000.00 AA+
980,000.00 AA+
700,000.00 AA+
710,000.00 AA+
1,575,000.00 AA+
275,000.00 AA+
550,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
01/25/23
11/03/23
04/05/23
07/05/23
10/02/23
06/01/23
11/03/23
01/03/24
12/04/23
02/01/24
03/04/24
04/01/24
06/03/24
02/01/24
01/30/23
11/06/23
04/06/23
07/07/23
10/04/23
06/05/23
11/06/23
01/05/24
12/05/23
02/05/24
03/06/24
04/03/24
06/05/24
02/05/24
776,950.20 3.58
701,991.21 4.67
973,671.88 3.34
436,171.88 4.26
429,921.88 4.75
1,021,343.75 3.77
708,500.98 4.66
634,601.56 4.01
995,197.66 4.26
731,308.59 3.83
676,413.67 4.25
1,534,517.58 4.35
244,137.70 4.45
498,738.28 3.82
2,410.05
2,589.33
10,387.23
1,596.84
1,596.84
2,462.02
28.49
796,225.03
735,546.29
983,100.19
456,254.30
449,364.29
1,062,720.63
737,454.21
654,208.65
992,070.39
725,751.82
682,308.41
1,540,335.47
247,600.02
508,050.92
779,915.40
741,178.35
954,727.00
454,043.00
454,043.00
1,041,693.00
743,240.85
645,334.83
989,034.62
712,496.40
679,298.18
1,539,439.65
248,295.03
496,590.05
US TREASURY N/B
DTD 02/01/2021 0.750% 01/31/2028
US TREASURY N/B
DTD 02/15/2018 2.750% 02/15/2028
US TREASURY N/B
DTD 03/31/2021 1.250% 03/31/2028
US TREASURY N/B
DTD 03/31/2021 1.250% 03/31/2028
US TREASURY N/B
DTD 04/30/2021 1.250% 04/30/2028
US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
US TREASURY N/B
DTD 08/02/2021 1.000% 07/31/2028
3,033.97
11,580.29
5,844.61
2,880.70
163.16
US TREASURY N/B
DTD 10/02/2023 4.625% 09/30/2028
US TREASURY N/B
DTD 10/31/2023 4.875% 10/31/2028
US TREASURY N/B
DTD 11/15/2018 3.125% 11/15/2028
US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
US TREASURY N/B
DTD 01/31/2022 1.750% 01/31/2029
2,013.93
4,027.85US TREASURY N/B
DTD 01/31/2022 1.750% 01/31/2029
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 7
Page 81
Managed Account Detail of Securities Held
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 02/15/2019 2.625% 02/15/2029
9128286B1
91282CEE7
91282CEM9
91282CEM9
91282CEV9
91282CEV9
91282CFC0
91282CFL0
1,275,000.00 AA+
1,200,000.00 AA+
185,000.00 AA+
1,000,000.00 AA+
275,000.00 AA+
525,000.00 AA+
490,000.00 AA+
625,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
05/02/24
06/03/24
07/01/24
08/01/24
09/04/24
09/03/24
10/01/24
11/01/24
05/06/24
06/05/24
07/02/24
08/02/24
09/05/24
09/05/24
10/03/24
11/05/24
1,167,123.05 4.62
1,093,734.38 4.44
172,310.16 4.47
956,757.81 3.88
270,423.83 3.63
513,290.04 3.76
470,878.52 3.51
616,357.42 4.19
12,641.73
7,281.59
910.95
1,180,560.64
1,105,272.69
173,503.02
960,241.71
270,704.27
514,005.57
471,772.26
616,610.37
1,191,876.38
1,107,327.60
174,109.61
941,133.00
262,378.05
500,903.55
454,532.33
611,328.13
US TREASURY N/B
DTD 03/31/2022 2.375% 03/31/2029
US TREASURY N/B
DTD 05/02/2022 2.875% 04/30/2029
US TREASURY N/B
DTD 05/02/2022 2.875% 04/30/2029
4,924.03
24.69US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
47.13
US TREASURY N/B
DTD 08/01/2022 2.625% 07/31/2029
5,382.68
6,187.76US TREASURY N/B
DTD 09/30/2022 3.875% 09/30/2029
Security Type Sub-Total 35,185,000.00 33,420,096.15 3.54 181,986.18 33,945,417.83 33,460,675.78
Supra-National Agency Bond / Note
INTL BK RECON & DEVELOP (CALLABLE)
DTD 02/10/2021 0.650% 02/10/2026
459058JS3
459058LE1
1,695,000.00 AAA
420,000.00 AAA
Aaa
Aaa
05/25/21
04/03/24
05/26/21
04/10/24
1,679,728.05 0.85
419,890.80 4.76
4,315.19
4,488.75
1,691,402.89
419,929.71
1,629,434.01
421,651.02INTL BK RECON & DEVELOP
DTD 04/10/2024 4.750% 04/10/2026
Security Type Sub-Total 2,115,000.00 2,099,618.85 1.65 8,803.94 2,111,332.60 2,051,085.03
Federal Agency Commercial Mortgage-Backed Security
FHMS K062 A2 3137BUX60 310,000.00 AA+Aaa 08/17/23 08/22/23 294,500.00 5.03 881.69 300,800.50 303,385.53
DTD 02/01/2017 3.413% 12/01/2026
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 8
Page 82
Managed Account Detail of Securities Held
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Federal Agency Commercial Mortgage-Backed Security
FHMS K067 A2
DTD 09/01/2017 3.194% 07/01/2027
3137FAWS3
3137HAD45
3137HACX2
3136BQDE6
3137HAQ74
3137HAMH6
3137HAST4
3137HB3D4
3137HB3G7
3137HBLV4
3137HCKV3
3137HFNZ4
3137HFF59
3137HDXL9
350,000.00 AA+
598,762.85 AA+
600,000.00 AA+
573,323.95 AA+
550,000.00 AA+
600,000.00 AA+
450,000.00 AA+
220,000.00 AA+
320,000.00 AA+
290,000.00 AA+
300,000.00 AA+
215,000.00 AA+
425,000.00 AA+
550,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
08/17/23
07/19/23
07/27/23
08/17/23
10/11/23
09/07/23
10/25/23
11/14/23
11/28/23
02/01/24
07/01/24
09/04/24
08/13/24
08/07/24
08/22/23
07/27/23
08/01/23
08/22/23
10/19/23
09/14/23
10/31/23
11/21/23
12/07/23
02/08/24
07/05/24
09/12/24
08/22/24
08/15/24
327,810.55 4.97
598,747.90 4.78
600,515.63 4.80
551,958.67 5.04
537,935.20 5.25
591,124.20 4.99
435,652.65 5.60
219,363.98 5.14
319,080.64 4.93
292,899.71 4.34
302,871.09 4.95
219,295.70 4.06
432,426.45 4.23
555,144.70 4.33
931.58
2,383.58
2,409.50
1,997.64
2,172.50
2,325.00
1,818.75
929.32
335,489.70
598,752.25
600,366.55
557,851.30
540,632.03
593,237.15
438,540.79
219,493.44
319,262.50
292,414.15
302,605.10
219,053.81
431,939.72
554,791.12
338,181.55
597,033.62
601,366.20
561,979.58
549,839.95
598,699.20
451,755.00
222,387.44
321,032.64
287,965.07
304,480.50
212,661.02
422,274.05
544,591.30
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
FNA 2023-M6 A2
DTD 07/01/2023 4.181% 07/01/2028
FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
1,296.00
1,104.90
1,295.00
807.68
FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
FHMS K520 A2
DTD 04/01/2024 5.180% 03/01/2029
FHMS K528 A2
DTD 09/01/2024 4.508% 07/01/2029
FHMS K527 A2
DTD 08/01/2024 4.618% 07/01/2029
1,635.54
2,082.21FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 9
Page 83
Managed Account Detail of Securities Held
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Federal Agency Commercial Mortgage-Backed Security
FHMS K529 A2
DTD 10/01/2024 4.791% 09/01/2029
3137HH6C0 360,000.00 AA+
595,000.00 AA+
Aaa
Aaa
10/08/24
11/19/24
10/16/24
11/27/24
367,195.32 4.34
598,098.17 4.67
1,437.30
2,376.03
366,923.48
598,092.09
359,947.44
595,164.82FHMS K530 A2 3137HHJL6
DTD 11/01/2024 4.792% 09/01/2029
Security Type Sub-Total
Corporate Note
7,307,086.80 7,244,620.56 4.81 27,884.22 7,270,245.68 7,272,744.91
BANK OF NY MELLON CORP (CALLABLE)
DTD 11/18/2013 3.950% 11/18/2025
06406HCQ0
38143U8H7
38143U8H7
172967NL1
46625HQW3
06051GFX2
172967KN0
459200JZ5
04636NAA1
89236TJK2
89236TJK2
250,000.00 A Aa3
A2
A2
A3
A1
A1
A3
A3
A2
A1
A1
09/12/23
05/25/21
04/27/22
04/27/22
05/25/21
05/25/21
05/25/21
09/01/21
09/01/21
09/08/21
05/12/22
09/14/23
05/27/21
04/29/22
04/29/22
05/27/21
05/27/21
05/27/21
09/03/21
09/03/21
09/13/21
05/16/22
241,557.50 5.62
183,570.75 1.30
174,895.00 3.77
171,647.00 3.82
373,585.20 1.20
182,902.50 1.21
187,113.90 1.29
165,211.50 1.08
150,814.50 1.08
109,755.80 1.17
228,305.00 3.42
1,179.51
2,165.63
2,296.88
1,663.28
2,805.00
1,155.00
963.33
246,586.39
168,718.74
174,968.41
173,954.29
347,309.96
169,755.03
174,630.59
154,441.18
150,242.20
109,924.96
242,232.84
248,781.75
163,181.37
173,071.15
174,352.33
334,815.00
162,526.98
167,055.09
147,308.70
143,375.55
104,756.19
238,082.25
GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 02/25/2016 3.750% 02/25/2026
165,000.00 BBB+
175,000.00 BBB+
175,000.00 BBB+
GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 02/25/2016 3.750% 02/25/2026
CITIGROUP INC (CALLABLE)
DTD 03/17/2022 3.290% 03/17/2026
JPMORGAN CHASE & CO (CALLABLE)
DTD 03/23/2016 3.300% 04/01/2026
340,000.00 A
BANK OF AMERICA CORP
DTD 04/19/2016 3.500% 04/19/2026
165,000.00 A-
170,000.00 BBB+
150,000.00 A-
150,000.00 A+
110,000.00 A+
250,000.00 A+
CITIGROUP INC
DTD 05/02/2016 3.400% 05/01/2026
IBM CORP
DTD 05/15/2019 3.300% 05/15/2026
632.50
ASTRAZENECA FINANCE LLC (CALLABLE)
DTD 05/28/2021 1.200% 05/28/2026
165.00
TOYOTA MOTOR CREDIT CORP
DTD 06/18/2021 1.125% 06/18/2026
44.69
TOYOTA MOTOR CREDIT CORP 101.56
DTD 06/18/2021 1.125% 06/18/2026
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 10
Page 84
Managed Account Detail of Securities Held
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Corporate Note
MORGAN STANLEY
DTD 07/25/2016 3.125% 07/27/2026
61761J3R8
857477CD3
02665WDZ1
06406RAV9
025816CM9
63743HFK3
24422EWA3
06051GLE7
38141GWB6
459200KM2
438516CE4
89788MAD4
808513BY0
665859AW4
225,000.00 A-A1
Aa3
A3
07/05/23
08/01/23
12/01/21
12/01/21
06/01/22
10/30/23
01/11/22
07/05/23
09/02/22
03/24/22
03/03/22
03/24/22
04/27/22
05/12/22
07/07/23
08/03/23
12/03/21
12/03/21
06/03/22
11/02/23
01/13/22
07/07/23
09/07/22
03/28/22
03/07/22
03/28/22
04/29/22
05/16/22
210,663.00 5.41
590,330.40 5.25
197,074.00 1.62
195,328.00 1.55
207,758.25 3.54
154,945.75 5.61
198,872.00 1.82
344,473.50 5.58
421,484.55 4.64
120,833.75 2.94
264,583.20 2.27
255,332.00 2.83
284,730.00 3.60
405,484.00 3.70
3,007.81
12,787.53
808.89
217,622.96
590,170.55
198,963.28
198,282.67
217,815.03
154,965.59
199,542.02
346,791.76
428,623.17
123,196.45
273,297.04
266,341.20
293,153.02
402,546.14
219,775.50
595,816.81
189,033.60
188,111.60
213,222.15
157,546.03
189,154.80
350,997.85
426,900.30
118,744.63
260,540.28
263,710.43
286,467.60
394,726.80
STATE STREET CORP (CALLABLE)
DTD 08/03/2023 5.272% 08/03/2026
590,000.00 A
AMERICAN HONDA FINANCE
DTD 09/09/2021 1.300% 09/09/2026
200,000.00 A-
BANK OF NY MELLON CORP (CALLABLE)
DTD 07/27/2021 1.050% 10/15/2026
200,000.00 A Aa3
A2
443.33
AMERICAN EXPRESS CO (CALLABLE)
DTD 11/04/2021 1.650% 11/04/2026
225,000.00 A-
155,000.00 A-
587.81
NATIONAL RURAL UTIL COOP (CALLABLE)
DTD 11/02/2023 5.600% 11/13/2026
A2 1,157.33
1,605.56
7,951.61
7,210.73
1,084.72
1,026.67
1,151.74
2,409.17
2,266.67
JOHN DEERE CAPITAL CORP
DTD 01/10/2022 1.700% 01/11/2027
200,000.00 A A1
BANK OF AMERICA CORP (CALLABLE)
DTD 01/20/2023 5.080% 01/20/2027
350,000.00 A-
435,000.00 BBB+
125,000.00 A-
A1
GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 01/26/2017 3.850% 01/26/2027
A2
IBM CORP (CALLABLE)
DTD 02/09/2022 2.200% 02/09/2027
A3
HONEYWELL INTERNATIONAL (CALLABLE)
DTD 08/16/2021 1.100% 03/01/2027
280,000.00 A A2
TRUIST FINANCIAL CORP (CALLABLE)
DTD 03/02/2021 1.267% 03/02/2027
275,000.00 A-
300,000.00 A-
400,000.00 A+
Baa1
A2CHARLES SCHWAB CORP (CALLABLE)
DTD 03/03/2022 2.450% 03/03/2027
NORTHERN TRUST CORP (CALLABLE)
DTD 05/10/2022 4.000% 05/10/2027
A2
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 11
Page 85
Managed Account Detail of Securities Held
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Corporate Note
UNITEDHEALTH GROUP INC (CALLABLE)
DTD 05/20/2022 3.700% 05/15/2027
91324PEG3
91324PEG3
693475AT2
63254ABE7
89788MAC6
89788MAC6
458140BY5
89236TKJ3
882508BC7
20030NEA5
023135CP9
61747YFP5
46647PEE2
427866BH0
65,000.00 A+
250,000.00 A+
275,000.00 A-
400,000.00 AA-
190,000.00 A-
200,000.00 A-
435,000.00 BBB
450,000.00 A+
400,000.00 A+
425,000.00 A-
300,000.00 AA
235,000.00 A-
A2
A2
05/17/22
06/01/22
08/04/22
06/09/22
08/22/22
10/27/22
09/02/22
10/04/22
12/07/22
01/25/23
12/07/22
05/02/24
05/02/24
05/04/23
05/20/22
06/03/22
08/08/22
06/13/22
08/24/22
10/31/22
09/07/22
10/06/22
12/09/22
01/30/23
12/09/22
05/06/24
05/06/24
05/08/23
64,964.90 3.71
253,095.00 3.43
270,765.00 3.50
396,532.00 4.10
165,100.50 4.08
163,506.00 5.54
427,404.90 4.15
445,198.50 4.79
375,432.00 4.30
443,173.00 4.35
302,691.00 4.35
236,236.10 5.50
130,378.30 5.49
429,228.75 4.03
307.31
1,181.94
1,010.63
954.56
64,983.30
251,455.64
272,888.65
398,304.62
176,955.41
180,132.94
430,987.66
447,365.10
385,766.16
435,764.42
301,557.79
235,977.71
130,299.90
427,808.79
63,727.56
245,106.00
265,261.70
393,825.60
173,072.90
182,182.00
421,877.79
449,921.25
383,358.80
433,276.45
301,822.80
238,991.95
132,219.75
420,942.10
UNITEDHEALTH GROUP INC (CALLABLE)
DTD 05/20/2022 3.700% 05/15/2027
PNC FINANCIAL SERVICES (CALLABLE)
DTD 05/19/2017 3.150% 05/19/2027
A3
NATIONAL AUSTRALIA BK/NY
DTD 06/09/2022 3.905% 06/09/2027
Aa2
Baa1
Baa1
Baa1
A1
TRUIST FINANCIAL CORP (CALLABLE)
DTD 08/03/2020 1.125% 08/03/2027
878.75
TRUIST FINANCIAL CORP (CALLABLE)
DTD 08/03/2020 1.125% 08/03/2027
925.00
INTEL CORP (CALLABLE)
DTD 08/05/2022 3.750% 08/05/2027
6,615.63
5,744.38
1,868.89
2,905.35
1,137.50
2,877.81
1,388.11
2,859.90
TOYOTA MOTOR CREDIT CORP
DTD 09/20/2022 4.550% 09/20/2027
TEXAS INSTRUMENTS INC (CALLABLE)
DTD 11/03/2017 2.900% 11/03/2027
Aa3
A3COMCAST CORP (CALLABLE)
DTD 11/07/2022 5.350% 11/15/2027
AMAZON.COM INC (CALLABLE)
DTD 12/01/2022 4.550% 12/01/2027
A1
MORGAN STANLEY (CALLABLE)
DTD 04/19/2024 5.652% 04/13/2028
A1
JPMORGAN CHASE & CO (CALLABLE)
DTD 04/22/2024 5.571% 04/22/2028
130,000.00
425,000.00
A
A
A1
HERSHEY COMPANY (CALLABLE)A1
DTD 05/04/2023 4.250% 05/04/2028
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 12
Page 86
Managed Account Detail of Securities Held
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Corporate Note
META PLATFORMS INC (CALLABLE)
DTD 05/03/2023 4.600% 05/15/2028
30303M8L9
58933YBH7
02665WEM9
05565ECE3
17325FBB3
21688ABC5
17275RBR2
14913UAQ3
450,000.00 AA-
475,000.00 A+
300,000.00 A-
Aa3
A1
06/01/23
05/18/23
07/07/23
08/14/23
10/02/23
01/10/24
02/21/24
08/12/24
06/05/23
05/22/23
07/11/23
08/17/23
10/04/23
01/12/24
02/26/24
08/16/24
450,837.00 4.56
471,546.75 4.21
298,644.00 5.23
444,933.00 5.31
572,148.00 5.92
370,518.00 4.77
269,905.50 4.86
94,742.55 4.44
2,645.00
2,351.25
7,431.25
8,837.50
8,527.19
8,485.33
4,546.88
1,558.59
450,570.85
472,660.64
299,044.16
446,328.26
572,784.21
370,427.37
269,920.67
94,760.12
450,555.30
467,949.58
302,044.20
450,852.30
592,896.88
369,415.40
271,699.65
93,528.74
MERCK & CO INC (CALLABLE)
DTD 05/17/2023 4.050% 05/17/2028
AMERICAN HONDA FINANCE
DTD 07/07/2023 5.125% 07/07/2028
A3
BMW US CAPITAL LLC (CALLABLE)
DTD 08/11/2023 5.050% 08/11/2028
450,000.00 A A2
CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
575,000.00 A+
370,000.00 A+
270,000.00 AA-
Aa3
Aa2
A1
COOPERAT RABOBANK UA/NY
DTD 01/09/2024 4.800% 01/09/2029
CISCO SYSTEMS INC (CALLABLE)
DTD 02/26/2024 4.850% 02/26/2029
CATERPILLAR FINL SERVICE 95,000.00 A A2
DTD 08/16/2024 4.375% 08/16/2029
Security Type Sub-Total
Certificate of Deposit
13,225,000.00 13,098,231.80 4.06 131,710.70 13,140,819.84 13,016,583.44
MEDALLION BANK UTAH
DTD 07/30/2020 0.550% 07/30/2025
58404DHQ7
63873QP65
22536DWD6
245,000.00 NR
400,000.00 A+
590,000.00 A+
NR
A1
A1
07/30/20
09/18/23
02/01/24
07/30/20
09/20/23
02/05/24
245,000.00 0.55
400,000.00 5.61
590,000.00 4.76
7.38
6,545.00
25,821.68
245,000.00
400,000.00
590,000.00
239,913.07
409,845.60
587,088.94
NATIXIS NY BRANCH
DTD 09/20/2023 5.610% 09/18/2026
CREDIT AGRICOLE CIB NY
DTD 02/05/2024 4.760% 02/01/2027
Security Type Sub-Total
Bank Note
1,235,000.00 1,235,000.00 4.23 32,374.06 1,235,000.00 1,236,847.61
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 13
Page 87
Managed Account Detail of Securities Held
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Bank Note
WELLS FARGO BANK NA (CALLABLE)
DTD 08/09/2023 5.450% 08/07/2026
94988J6D4 875,000.00 A+Aa2 08/03/23 08/09/23 874,475.00 5.47 19,075.00 874,719.48 885,474.63
Security Type Sub-Total
Asset-Backed Security
875,000.00 874,475.00 5.47 19,075.00 874,719.48 885,474.63
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
43815GAC3
92868KAC7
448977AD0
380146AC4
43813YAB8
98164RAB2
65480MAD5
02582JJZ4
14041NGD7
02582JJZ4
05522RDG0
254683CZ6
10,981.08 NR
12,914.96 AAA
50,692.93 AAA
16,149.61 AAA
395,000.00 NR
104,476.66 AAA
120,000.00 NR
400,000.00 AAA
515,000.00 AAA
515,000.00 AAA
650,000.00 AAA
625,000.00 AAA
Aaa
Aaa
NR
11/16/21
12/07/21
03/09/22
01/11/22
08/09/24
02/06/24
10/18/23
08/07/23
07/14/23
07/14/23
07/14/23
07/14/23
11/24/21
12/13/21
03/16/22
01/19/22
08/21/24
02/14/24
10/25/23
08/10/23
07/18/23
07/18/23
07/18/23
07/18/23
10,978.76 0.89
12,914.45 1.02
50,690.98 2.22
16,148.21 1.26
394,969.07 4.89
104,468.48 5.05
119,975.64 5.94
399,125.00 4.92
508,039.45 4.73
514,537.30 4.89
647,867.19 4.87
625,292.97 4.92
2.68
4.03
10,980.49
12,914.79
50,692.17
16,149.07
394,973.55
104,470.80
119,981.83
399,380.61
510,135.23
514,676.62
648,509.37
625,206.26
10,895.68
12,846.70
50,313.40
16,003.41
396,151.43
104,631.71
121,922.64
402,108.80
515,038.11
517,715.08
652,843.10
629,085.63
VALET 2021-1 A3
DTD 12/13/2021 1.020% 06/22/2026
HART 2022-A A3
DTD 03/16/2022 2.220% 10/15/2026
50.02
GMCAR 2022-1 A3
DTD 01/19/2022 1.260% 11/16/2026
NR 8.48
HAROT 2024-3 A2
DTD 08/21/2024 4.890% 02/22/2027
Aaa
NR
536.54
234.49
316.27
865.78
1,011.69
1,114.69
1,383.78
1,369.44
WOART 2024-A A2A
DTD 02/14/2024 5.050% 04/15/2027
NAROT 2023-B A3
DTD 10/25/2023 5.930% 03/15/2028
Aaa
NRAMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
NR
AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
NR
BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
NR
DCENT 2023-A2 A Aaa
DTD 06/28/2023 4.930% 06/15/2028
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 14
Page 88
Managed Account Detail of Securities Held
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
ValueDated Date/Coupon/Maturity CUSIP Par Rating Rating Date
Asset-Backed Security
HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
438123AC5
89237QAD2
448976AD2
05522RDJ4
02589BAE0
38014AAD3
92970QAE5
75,000.00 NR
240,000.00 AAA
200,000.00 AAA
500,000.00 AAA
345,000.00 AAA
160,000.00 AAA
280,000.00 AAA
Aaa
NR
11/01/23
07/23/24
10/08/24
06/06/24
07/16/24
10/08/24
10/17/24
11/08/23
07/30/24
10/16/24
06/13/24
07/23/24
10/16/24
10/24/24
74,986.79 5.67
239,999.86 4.88
199,985.36 4.41
499,971.95 4.93
344,984.34 4.65
159,969.18 4.40
279,958.39 4.29
118.13
520.53
392.00
1,095.56
713.00
293.33
533.87
74,989.86
240,000.00
199,986.50
499,976.45
344,985.91
159,970.59
279,960.07
76,190.48
241,648.80
199,152.60
504,783.50
345,679.31
159,504.16
278,069.12
TAOT 2024-C A3
DTD 07/30/2024 4.880% 03/15/2029
HART 2024-C A3
DTD 10/16/2024 4.410% 05/15/2029
NR
BACCT 2024-A1 A
DTD 06/13/2024 4.930% 05/15/2029
Aaa
NRAMXCA 2024-3 A
DTD 07/23/2024 4.650% 07/15/2029
GMCAR 2024-4 A3
DTD 10/16/2024 4.400% 08/16/2029
Aaa
AaaWFCIT 2024-A2 A
DTD 10/24/2024 4.290% 10/15/2029
Security Type Sub-Total 5,215,215.24 5,204,863.37
63,176,905.73
4.79
3.88
10,564.31 5,207,940.17
63,785,475.60
5,234,583.66
63,157,995.06Managed Account Sub-Total 65,157,302.04
$65,157,302.04
412,398.41
Securities Sub-Total
Accrued Interest
Total Investments
$63,176,905.73 3.90%$412,398.41 $63,785,475.60 $63,157,995.06
$412,398.41
$63,570,393.47
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 15
Page 89
Managed Account Fair Market Value & Analytics
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 11/30/2023 4.875% 11/30/2025
US TREASURY N/B
DTD 11/30/2020 0.375% 11/30/2025
US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
US TREASURY N/B
DTD 02/28/2019 2.500% 02/28/2026
US TREASURY N/B
DTD 04/17/2023 3.750% 04/15/2026
US TREASURY N/B
DTD 04/30/2021 0.750% 04/30/2026
US TREASURY N/B
DTD 05/16/2016 1.625% 05/15/2026
US TREASURY N/B
DTD 05/31/2019 2.125% 05/31/2026
US TREASURY N/B
DTD 06/30/2021 0.875% 06/30/2026
US TREASURY N/B
DTD 06/30/2021 0.875% 06/30/2026
US TREASURY N/B
DTD 08/15/2016 1.500% 08/15/2026
US TREASURY N/B
DTD 09/30/2021 0.875% 09/30/2026
US TREASURY N/B
DTD 11/01/2021 1.125% 10/31/2026
US TREASURY N/B
DTD 11/01/2021 1.125% 10/31/2026
US TREASURY N/B
DTD 11/01/2021 1.125% 10/31/2026
US TREASURY N/B
91282CJL6
91282CAZ4
91282CBH3
9128286F2
91282CGV7
91282CBW0
912828R36
9128286X3
91282CCJ8
91282CCJ8
9128282A7
91282CCZ2
91282CDG3
91282CDG3
91282CDG3
91282CJT9
91282CJT9
350,000.00 WellsFar
1,345,000.00 Citigrou
200,000.00 Nomura
500,000.00 Citigrou
800,000.00 BMO
100.54
96.56
95.95
98.04
99.36
95.51
96.52
97.10
95.14
95.14
95.72
94.36
94.53
94.53
94.53
99.50
99.50
351,894.90
1,298,796.56
191,898.40
490,176.00
794,906.40
668,581.90
579,093.60
534,058.80
499,508.62
570,867.00
957,227.00
1,415,449.50
189,054.60
293,034.63
945,273.00
572,125.00
920,375.00
(661.74)
62,552.42
(5,265.66)
(4,159.94)
9,718.90
(166.41)
(17,821.23)
(7,406.26)
(8,096.60)
4,269.02
0.89
0.90
1.06
1.12
1.23
1.29
1.33
1.37
1.46
1.46
1.57
1.70
1.78
1.78
1.78
1.90
1.90
4.42
4.33
4.28
4.26
4.26
4.27
4.26
4.32
4.26
4.26
4.26
4.27
4.27
4.27
4.27
4.26
4.26
700,000.00 BNPPSA
600,000.00 Citigrou
550,000.00 Citigrou
525,000.00 WellsFar
600,000.00 WellsFar
1,000,000.00 BOFAML
1,500,000.00 Nomura
200,000.00 BMO
(30,078.26)
(17,461.09)
(53,259.56)
2,891.43
(31,057.63)
(19,782.73)
(26,811.65)
(1,954.90)
(24,289.25)
(19,906.79)
(36,595.52)
(450.54)
(14,601.75)
18,203.56
35,976.84
499.91
310,000.00 MorganSt
1,000,000.00 Citigrou
575,000.00 Nomura
925,000.00 MorganSt
(15,560.68)
(48,672.31)
6,176.76
(16,450.65)
(52,489.98)
4,481.65
DTD 01/16/2024 4.000% 01/15/2027
US TREASURY N/B (2,529.30)(2,868.25)
DTD 01/16/2024 4.000% 01/15/2027
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 16
Page 90
Managed Account Fair Market Value & Analytics
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 02/15/2017 2.250% 02/15/2027
US TREASURY N/B
DTD 03/02/2020 1.125% 02/28/2027
US TREASURY N/B
DTD 05/15/2017 2.375% 05/15/2027
US TREASURY N/B
DTD 05/15/2017 2.375% 05/15/2027
US TREASURY N/B
DTD 08/01/2022 2.750% 07/31/2027
US TREASURY N/B
DTD 09/30/2020 0.375% 09/30/2027
US TREASURY N/B
DTD 09/30/2022 4.125% 09/30/2027
US TREASURY N/B
DTD 09/30/2022 4.125% 09/30/2027
US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
US TREASURY N/B
DTD 11/15/2024 4.125% 11/15/2027
US TREASURY N/B
DTD 11/15/2017 2.250% 11/15/2027
US TREASURY N/B
DTD 02/01/2021 0.750% 01/31/2028
US TREASURY N/B
DTD 02/15/2018 2.750% 02/15/2028
US TREASURY N/B
DTD 03/31/2021 1.250% 03/31/2028
US TREASURY N/B
912828V98
912828ZB9
912828X88
912828X88
91282CFB2
91282CAL5
91282CFM8
91282CFM8
91282CAU5
91282CAU5
91282CLX7
9128283F5
91282CBJ9
9128283W8
91282CBS9
91282CBS9
91282CBZ3
700,000.00 BOFAML
700,000.00 BMO
95.96
93.60
95.76
95.76
96.30
89.98
99.59
99.59
90.00
90.00
99.55
94.54
89.84
95.47
90.81
90.81
90.58
671,699.00
655,211.20
718,183.50
766,062.40
481,484.50
269,929.80
597,562.80
995,938.00
450,000.00
720,000.00
139,365.66
779,915.40
741,178.35
954,727.00
454,043.00
454,043.00
1,041,693.00
(14,355.69)
31,418.23
(4,365.33)
(437.60)
(21,778.60)
2,532.82
2.03
2.09
2.26
2.26
2.43
2.68
2.55
2.55
2.75
2.75
2.67
2.73
2.98
2.92
3.11
3.11
3.19
4.27
4.26
4.35
4.35
4.28
4.29
4.28
4.28
4.37
4.37
4.29
4.29
4.31
4.31
4.40
4.40
4.41
750,000.00 BOFAML
800,000.00 WellsFar
500,000.00 BMO
(18,067.04)
(1,417.56)
(4,756.13)
(1,390.54)
(12,280.45)
(20,927.08)
(6,436.83)
(2,314.09)
234.31
5,859.50
300,000.00 BOFAML
600,000.00 WellsFar
1,000,000.00 Citigrou
500,000.00 BOFAML
800,000.00 Citigrou
140,000.00 WellsFar
825,000.00 Citigrou
825,000.00 BMO
293.08
(13,124.70)
(31,093.25)
24,179.69
(375.00)
235.19
2,965.20 (16,309.63)
5,632.0639,187.14
(18,944.88)
17,871.12
24,121.12
20,349.25
1,000,000.00 BMO
500,000.00 JPMorgan
500,000.00 BOFAML
1,150,000.00 BMO
(28,373.19)
(2,211.30)
4,678.71
DTD 03/31/2021 1.250% 03/31/2028
US TREASURY N/B (21,027.63)
DTD 04/30/2021 1.250% 04/30/2028
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 17
Page 91
Managed Account Fair Market Value & Analytics
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
US TREASURY N/B
DTD 08/02/2021 1.000% 07/31/2028
US TREASURY N/B
DTD 10/02/2023 4.625% 09/30/2028
US TREASURY N/B
DTD 10/31/2023 4.875% 10/31/2028
US TREASURY N/B
DTD 11/15/2018 3.125% 11/15/2028
US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
US TREASURY N/B
DTD 01/31/2022 1.750% 01/31/2029
US TREASURY N/B
DTD 01/31/2022 1.750% 01/31/2029
US TREASURY N/B
DTD 02/15/2019 2.625% 02/15/2029
US TREASURY N/B
DTD 03/31/2022 2.375% 03/31/2029
US TREASURY N/B
DTD 05/02/2022 2.875% 04/30/2029
US TREASURY N/B
DTD 05/02/2022 2.875% 04/30/2029
US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
US TREASURY N/B
DTD 08/01/2022 2.625% 07/31/2029
US TREASURY N/B
91282CCH2
91282CCR0
91282CJA0
91282CJF9
9128285M8
91282CJR3
91282CDW8
91282CDW8
9128286B1
91282CEE7
91282CEM9
91282CEM9
91282CEV9
91282CEV9
91282CFC0
91282CFL0
825,000.00 MorganSt
725,000.00 WellsFar
980,000.00 BOFAML
700,000.00 Citigrou
710,000.00 BMO
90.09
89.01
100.92
101.79
95.68
97.74
90.29
90.29
93.48
92.28
94.11
94.11
95.41
95.41
92.76
97.81
743,240.85
645,334.83
989,034.62
712,496.40
679,298.18
1,539,439.65
248,295.03
496,590.05
1,191,876.38
1,107,327.60
174,109.61
941,133.00
262,378.05
500,903.55
454,532.33
611,328.13
34,739.87
10,733.27
(6,163.04)
(18,812.19)
2,884.51
5,786.64
(8,873.82)
(3,035.77)
(13,255.42)
(3,010.23)
(895.82)
3.36
3.44
3.38
3.45
3.58
3.67
3.84
3.84
3.81
3.95
3.99
3.99
4.13
4.13
4.20
4.25
4.41
4.34
4.34
4.35
4.34
4.36
4.36
4.36
4.44
4.37
4.37
4.37
4.37
4.37
4.37
4.38
1,575,000.00 BMO
275,000.00 BMO
4,922.07
4,157.33 695.01
550,000.00 Nomura
1,275,000.00 BOFAML
1,200,000.00 Citigrou
185,000.00 BMO
(2,148.23)
24,753.33
13,593.22
1,799.45
(11,460.87)
11,315.74
2,054.91
606.59
1,000,000.00 BOFAML
275,000.00 Nomura
525,000.00 BOFAML
490,000.00 Nomura
625,000.00 BOFAML
(15,624.81)
(8,045.78)
(12,386.49)
(16,346.19)
(5,029.29)
(19,108.71)
(8,326.22)
(13,102.02)
(17,239.93)
(5,282.24)
DTD 09/30/2022 3.875% 09/30/2029
Security Type Sub-Total 35,185,000.00 33,460,675.78 40,579.63 (484,742.05)2.62 4.33
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 18
Page 92
Managed Account Fair Market Value & Analytics
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
Supra-National Agency Bond / Note
INTL BK RECON & DEVELOP (CALLABLE)
DTD 02/10/2021 0.650% 02/10/2026
INTL BK RECON & DEVELOP
459058JS3
459058LE1
1,695,000.00 KEYB
420,000.00 BOFAML
02/10/25 96.13 1,629,434.01
421,651.02
(50,294.04)
1,760.22
(61,968.88)
1,721.31
1.08
1.21
4.28
4.41100.39
DTD 04/10/2024 4.750% 04/10/2026
Security Type Sub-Total 2,115,000.00 2,051,085.03 (48,533.82)(60,247.57)1.11 4.31
Federal Agency Commercial Mortgage-Backed Security
FHMS K062 A2
DTD 02/01/2017 3.413% 12/01/2026
FHMS K067 A2
DTD 09/01/2017 3.194% 07/01/2027
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
FNA 2023-M6 A2
DTD 07/01/2023 4.181% 07/01/2028
FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
FHMS K520 A2
3137BUX60
3137FAWS3
3137HAD45
3137HACX2
3136BQDE6
3137HAQ74
3137HAMH6
3137HAST4
3137HB3D4
3137HB3G7
3137HBLV4
3137HCKV3
3137HFNZ4
310,000.00 Barclays
350,000.00 TD Secur
598,762.85 JPMorgan
600,000.00 SAN
97.87
96.62
303,385.53
338,181.55
597,033.62
601,366.20
561,979.58
549,839.95
598,699.20
451,755.00
222,387.44
321,032.64
287,965.07
304,480.50
212,661.02
8,885.53
10,371.00
(1,714.28)
850.57
2,585.03
2,691.85
(1,718.63)
999.65
1.83
2.36
2.28
3.06
3.20
3.23
3.20
3.30
3.33
3.37
3.46
3.69
4.03
4.48
4.56
4.80
4.67
4.74
4.68
4.65
4.67
4.68
4.70
4.71
4.72
4.73
99.71
100.23
98.02573,323.95 JPMorgan
550,000.00 BMO
10,020.91
11,904.75
7,575.00
16,102.35
3,023.46
1,952.00
(4,934.64)
1,609.41
(6,634.68)
4,128.28
9,207.92
5,462.05
13,214.21
2,894.00
1,770.14
(4,449.08)
1,875.40
(6,392.79)
99.97
600,000.00 WellsFar
450,000.00 MorganSt
220,000.00 JPMorgan
320,000.00 BOFAML
290,000.00 JPMorgan
300,000.00 WellsFar
215,000.00 BOFAML
99.78
100.39
101.09
100.32
99.30
101.49
98.91
DTD 04/01/2024 5.180% 03/01/2029
FHMS K528 A2
DTD 09/01/2024 4.508% 07/01/2029
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 19
Page 93
Managed Account Fair Market Value & Analytics
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
Federal Agency Commercial Mortgage-Backed Security
FHMS K527 A2
DTD 08/01/2024 4.618% 07/01/2029
FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
FHMS K529 A2
DTD 10/01/2024 4.791% 09/01/2029
FHMS K530 A2
3137HFF59
3137HDXL9
3137HH6C0
3137HHJL6
425,000.00 MorganSt
550,000.00 BMO
99.36
99.02
422,274.05
544,591.30
359,947.44
595,164.82
(10,152.40)
(10,553.40)
(7,247.88)
(2,933.35)
(9,665.67)
(10,199.82)
(6,976.04)
(2,927.27)
4.00
4.02
4.12
4.13
4.72
4.74
4.74
4.73
360,000.00 MorganSt
595,000.00 JPMorgan
99.99
100.03
DTD 11/01/2024 4.792% 09/01/2029
Security Type Sub-Total
Corporate Note
7,307,086.80 7,272,744.91 28,124.35 2,499.23 3.32 4.70
BANK OF NY MELLON CORP (CALLABLE)
DTD 11/18/2013 3.950% 11/18/2025
GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 02/25/2016 3.750% 02/25/2026
GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 02/25/2016 3.750% 02/25/2026
CITIGROUP INC (CALLABLE)
DTD 03/17/2022 3.290% 03/17/2026
JPMORGAN CHASE & CO (CALLABLE)
DTD 03/23/2016 3.300% 04/01/2026
BANK OF AMERICA CORP
DTD 04/19/2016 3.500% 04/19/2026
CITIGROUP INC
DTD 05/02/2016 3.400% 05/01/2026
IBM CORP
DTD 05/15/2019 3.300% 05/15/2026
ASTRAZENECA FINANCE LLC (CALLABLE)
DTD 05/28/2021 1.200% 05/28/2026
TOYOTA MOTOR CREDIT CORP
DTD 06/18/2021 1.125% 06/18/2026
TOYOTA MOTOR CREDIT CORP
DTD 06/18/2021 1.125% 06/18/2026
06406HCQ0
38143U8H7
38143U8H7
172967NL1
46625HQW3
06051GFX2
172967KN0
459200JZ5
04636NAA1
89236TJK2
89236TJK2
250,000.00 JANE 10/18/25
11/25/25
11/25/25
03/17/25
01/01/26
99.51
98.90
98.90
99.63
98.48
98.50
98.27
98.21
95.58
95.23
95.23
248,781.75
163,181.37
173,071.15
174,352.33
334,815.00
162,526.98
167,055.09
147,308.70
143,375.55
104,756.19
238,082.25
7,224.25
(20,389.38)
(1,823.85)
2,705.33
2,195.36
(5,537.37)
(1,897.26)
398.04
0.84
1.06
1.06
0.20
1.17
1.24
1.28
1.32
1.37
1.42
1.42
4.51
4.77
4.77
5.87
4.61
4.70
4.76
4.69
4.49
4.53
4.53
165,000.00 JPMorgan
175,000.00 MAXE
175,000.00 GoldmanS
340,000.00 JANE (38,770.20)
(20,375.52)
(20,058.81)
(17,902.80)
(7,438.95)
(4,999.61)
9,777.25
(12,494.96)
(7,228.05)
(7,575.50)
(7,132.48)
(6,866.65)
(5,168.77)
(4,150.59)
165,000.00 FifthThi
170,000.00 JPMorgan
150,000.00 MorganSt
150,000.00 MorganSt
110,000.00 JPMorgan
250,000.00 JANE
04/28/26
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 20
Page 94
Managed Account Fair Market Value & Analytics
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
Corporate Note
MORGAN STANLEY 61761J3R8
857477CD3
02665WDZ1
06406RAV9
025816CM9
63743HFK3
24422EWA3
06051GLE7
38141GWB6
459200KM2
438516CE4
89788MAD4
808513BY0
665859AW4
91324PEG3
91324PEG3
693475AT2
225,000.00 SEEL 97.68
100.99
94.52
94.06
94.77
101.64
94.58
100.29
98.14
95.00
93.05
95.89
95.49
98.68
98.04
98.04
96.46
219,775.50
595,816.81
189,033.60
188,111.60
213,222.15
157,546.03
189,154.80
350,997.85
426,900.30
118,744.63
260,540.28
263,710.43
286,467.60
394,726.80
63,727.56
9,112.50
5,486.41
2,152.54
5,646.26
1.49
1.43
1.64
1.73
1.78
1.70
1.94
0.99
1.71
2.00
2.09
1.14
2.06
2.18
2.21
2.21
2.24
4.65
4.62
4.69
4.57
4.68
4.64
4.53
5.26
4.79
4.74
4.50
5.01
4.69
4.61
4.59
4.59
4.74
DTD 07/25/2016 3.125% 07/27/2026
STATE STREET CORP (CALLABLE)
DTD 08/03/2023 5.272% 08/03/2026
AMERICAN HONDA FINANCE
DTD 09/09/2021 1.300% 09/09/2026
BANK OF NY MELLON CORP (CALLABLE)
DTD 07/27/2021 1.050% 10/15/2026
AMERICAN EXPRESS CO (CALLABLE)
DTD 11/04/2021 1.650% 11/04/2026
NATIONAL RURAL UTIL COOP (CALLABLE)
DTD 11/02/2023 5.600% 11/13/2026
JOHN DEERE CAPITAL CORP
DTD 01/10/2022 1.700% 01/11/2027
BANK OF AMERICA CORP (CALLABLE)
DTD 01/20/2023 5.080% 01/20/2027
GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 01/26/2017 3.850% 01/26/2027
IBM CORP (CALLABLE)
DTD 02/09/2022 2.200% 02/09/2027
HONEYWELL INTERNATIONAL (CALLABLE)
DTD 08/16/2021 1.100% 03/01/2027
TRUIST FINANCIAL CORP (CALLABLE)
DTD 03/02/2021 1.267% 03/02/2027
CHARLES SCHWAB CORP (CALLABLE)
DTD 03/03/2022 2.450% 03/03/2027
NORTHERN TRUST CORP (CALLABLE)
DTD 05/10/2022 4.000% 05/10/2027
UNITEDHEALTH GROUP INC (CALLABLE)
DTD 05/20/2022 3.700% 05/15/2027
UNITEDHEALTH GROUP INC (CALLABLE)
DTD 05/20/2022 3.700% 05/15/2027
PNC FINANCIAL SERVICES (CALLABLE)
DTD 05/19/2017 3.150% 05/19/2027
590,000.00 JPMorgan
200,000.00 RBC Capi
200,000.00 Deutsche
225,000.00 JANE
07/03/26
(8,040.40)
(7,216.40)
5,463.90
(9,929.68)
(10,171.07)
(4,592.88)
2,580.44
09/15/26
10/04/26
10/13/26155,000.00 MIZU 2,600.28
200,000.00 JPMorgan
350,000.00 JPMorgan
435,000.00 MorganSt
125,000.00 Deutsche
280,000.00 MorganSt
275,000.00 GoldmanS
300,000.00 CSFirstB
400,000.00 Deutsche
65,000.00 BOFAML
250,000.00 MAXE
(9,717.20)
6,524.35
(10,387.22)
4,206.0901/20/26
01/26/26
01/09/27
02/01/27
03/02/26
02/03/27
04/10/27
04/15/27
04/15/27
04/19/27
5,415.75 (1,722.87)
(4,451.82)
(12,756.76)
(2,630.77)
(6,685.42)
(7,819.34)
(1,255.74)
(6,349.64)
(7,626.95)
(2,089.12)
(4,042.92)
8,378.43
1,737.60
(10,757.20)
(1,237.34)
(7,989.00)
(5,503.30)
245,106.00
265,261.70275,000.00 JANE
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 21
Page 95
Managed Account Fair Market Value & Analytics
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
Corporate Note
NATIONAL AUSTRALIA BK/NY 63254ABE7
89788MAC6
89788MAC6
458140BY5
89236TKJ3
882508BC7
20030NEA5
023135CP9
61747YFP5
46647PEE2
427866BH0
30303M8L9
58933YBH7
02665WEM9
05565ECE3
17325FBB3
21688ABC5
400,000.00 JPMorgan
190,000.00 JANE
98.46
91.09
393,825.60
173,072.90
182,182.00
421,877.79
449,921.25
383,358.80
433,276.45
301,822.80
238,991.95
132,219.75
420,942.10
450,555.30
467,949.58
302,044.20
450,852.30
592,896.88
369,415.40
(2,706.40)
7,972.40
18,676.00
(5,527.11)
4,722.75
7,926.80
(9,896.55)
(868.20)
(4,479.02)
(3,882.51)
2,049.06
(9,109.87)
2,556.15
(2,407.36)
(2,487.97)
265.01
2.29
2.48
2.48
2.38
2.50
2.64
2.58
2.66
2.10
2.13
3.03
3.04
3.08
3.11
3.17
3.26
3.54
4.58
4.92
4.92
5.01
4.55
4.48
4.61
4.32
5.06
4.94
4.51
4.55
4.51
4.90
4.96
4.87
4.81
DTD 06/09/2022 3.905% 06/09/2027
TRUIST FINANCIAL CORP (CALLABLE)
DTD 08/03/2020 1.125% 08/03/2027
TRUIST FINANCIAL CORP (CALLABLE)
DTD 08/03/2020 1.125% 08/03/2027
INTEL CORP (CALLABLE)
DTD 08/05/2022 3.750% 08/05/2027
TOYOTA MOTOR CREDIT CORP
DTD 09/20/2022 4.550% 09/20/2027
TEXAS INSTRUMENTS INC (CALLABLE)
DTD 11/03/2017 2.900% 11/03/2027
COMCAST CORP (CALLABLE)
06/03/27
06/03/27
07/05/27
200,000.00 GoldmanS
435,000.00 BNPPSA
450,000.00 Citigrou
400,000.00 MorganSt
425,000.00 TD Secur
300,000.00 RBC Capi
235,000.00 JANE
91.09
96.98
99.98
08/03/27
10/15/27
11/01/27
04/13/27
04/22/27
04/04/28
04/15/28
04/17/28
95.84
101.95
100.61
101.70
101.71
99.05
DTD 11/07/2022 5.350% 11/15/2027
AMAZON.COM INC (CALLABLE)
DTD 12/01/2022 4.550% 12/01/2027
MORGAN STANLEY (CALLABLE)
DTD 04/19/2024 5.652% 04/13/2028
JPMORGAN CHASE & CO (CALLABLE)
DTD 04/22/2024 5.571% 04/22/2028
HERSHEY COMPANY (CALLABLE)
DTD 05/04/2023 4.250% 05/04/2028
META PLATFORMS INC (CALLABLE)
DTD 05/03/2023 4.600% 05/15/2028
MERCK & CO INC (CALLABLE)
DTD 05/17/2023 4.050% 05/17/2028
AMERICAN HONDA FINANCE
DTD 07/07/2023 5.125% 07/07/2028
BMW US CAPITAL LLC (CALLABLE)
DTD 08/11/2023 5.050% 08/11/2028
CITIBANK NA (CALLABLE)
2,755.85
1,841.45
(8,286.65)
(281.70)
3,014.24
1,919.85
(6,866.69)
(15.55)
130,000.00 MAXE
425,000.00 GoldmanS
450,000.00 JPMorgan
475,000.00 Citigrou
300,000.00 GoldmanS
450,000.00 Barclays
575,000.00 GoldmanS
370,000.00 MIZU
100.12
98.52 (3,597.17)
3,400.20
5,919.30
20,748.88
(1,102.60)
(4,711.06)
3,000.04
4,524.04
20,112.67
(1,011.97)
100.68
100.19
103.11
99.84
07/11/28
08/29/28
DTD 09/29/2023 5.803% 09/29/2028
COOPERAT RABOBANK UA/NY
DTD 01/09/2024 4.800% 01/09/2029
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 22
Page 96
Managed Account Fair Market Value & Analytics
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
Corporate Note
CISCO SYSTEMS INC (CALLABLE)
DTD 02/26/2024 4.850% 02/26/2029
CATERPILLAR FINL SERVICE
17275RBR2
14913UAQ3
270,000.00 Citigrou
95,000.00 BOFAML
01/26/29 100.63
98.45
271,699.65
93,528.74
1,794.15 1,778.98 3.64
4.07
4.66
4.70(1,213.81)(1,231.38)
DTD 08/16/2024 4.375% 08/16/2029
Security Type Sub-Total
Certificate of Deposit
13,225,000.00 13,016,583.44 (81,648.36)(124,236.40)2.20 4.71
MEDALLION BANK UTAH
DTD 07/30/2020 0.550% 07/30/2025
NATIXIS NY BRANCH
DTD 09/20/2023 5.610% 09/18/2026
CREDIT AGRICOLE CIB NY
58404DHQ7
63873QP65
22536DWD6
245,000.00 NEW ACC
400,000.00 WellsFar
590,000.00 CRAG
97.92
102.46
99.51
239,913.07
409,845.60
587,088.94
(5,086.93)
9,845.60
(5,086.93)
9,845.60
0.57
1.63
1.91
4.25
4.05
4.94(2,911.06)(2,911.06)
DTD 02/05/2024 4.760% 02/01/2027
Security Type Sub-Total
Bank Note
1,235,000.00 1,236,847.61 1,847.61 1,847.61 1.55 4.51
WELLS FARGO BANK NA (CALLABLE)
DTD 08/09/2023 5.450% 08/07/2026
94988J6D4 875,000.00 BOFAML 07/07/26 101.20 885,474.63 10,999.63 10,755.15 1.44 4.68
Security Type Sub-Total
Asset-Backed Security
875,000.00 885,474.63 10,999.63 10,755.15 1.44 4.68
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
VALET 2021-1 A3
DTD 12/13/2021 1.020% 06/22/2026
HART 2022-A A3
DTD 03/16/2022 2.220% 10/15/2026
GMCAR 2022-1 A3
43815GAC3
92868KAC7
448977AD0
380146AC4
43813YAB8
10,981.08 BOFAML
12,914.96 WellsFar
50,692.93 BOFAML
16,149.61 BNPPSA
395,000.00 JPMorgan
99.22
99.47
99.25
99.09
100.29
10,895.68
12,846.70
50,313.40
16,003.41
396,151.43
(83.08)
(67.75)
(84.81)
(68.09)
0.21
0.16
0.31
0.28
0.73
7.01
4.22
4.53
4.42
4.52
(377.58)
(144.80)
1,182.36
(378.77)
(145.66)
1,177.88
DTD 01/19/2022 1.260% 11/16/2026
HAROT 2024-3 A2
DTD 08/21/2024 4.890% 02/22/2027
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 23
Page 97
Managed Account Fair Market Value & Analytics
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at MktDated Date/Coupon/Maturity CUSIP Par Broker
Asset-Backed Security
WOART 2024-A A2A
DTD 02/14/2024 5.050% 04/15/2027
NAROT 2023-B A3
DTD 10/25/2023 5.930% 03/15/2028
AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
TAOT 2024-C A3
DTD 07/30/2024 4.880% 03/15/2029
HART 2024-C A3
DTD 10/16/2024 4.410% 05/15/2029
BACCT 2024-A1 A
DTD 06/13/2024 4.930% 05/15/2029
AMXCA 2024-3 A
DTD 07/23/2024 4.650% 07/15/2029
GMCAR 2024-4 A3
DTD 10/16/2024 4.400% 08/16/2029
WFCIT 2024-A2 A
98164RAB2
65480MAD5
02582JJZ4
14041NGD7
02582JJZ4
05522RDG0
254683CZ6
438123AC5
89237QAD2
448976AD2
05522RDJ4
02589BAE0
38014AAD3
92970QAE5
104,476.66 MIZU 100.15
101.60
100.53
100.01
100.53
100.44
100.65
101.59
100.69
99.58
104,631.71
121,922.64
402,108.80
515,038.11
517,715.08
652,843.10
629,085.63
76,190.48
163.23
1,947.00
2,983.80
6,998.66
3,177.78
4,975.91
3,792.66
1,203.69
1,648.94
(832.76)
4,811.55
694.97
160.91
1,940.81
2,728.19
4,902.88
3,038.46
4,333.73
3,879.37
1,200.62
1,648.80
(833.90)
4,807.05
693.40
0.36
1.05
1.30
1.30
1.30
1.30
1.38
1.30
1.93
2.10
2.19
2.34
2.11
2.57
4.63
4.46
4.50
4.45
4.50
4.49
4.50
4.51
4.65
4.64
4.54
4.56
4.58
4.59
120,000.00 MIZU
400,000.00 SUMITR
515,000.00 SUMITR
515,000.00 SUMITR
650,000.00 SUMITR
625,000.00 SUMITR
75,000.00 JPMorgan
240,000.00 MUFG
200,000.00 Barclays
500,000.00 BOFAML
345,000.00 Citigrou
160,000.00 MIZU
241,648.80
199,152.60
504,783.50
345,679.31
159,504.16
278,069.12
100.96
100.20
99.69 (465.02)
(1,889.27)
(466.43)
(1,890.95)280,000.00 WellsFar 99.31
DTD 10/24/2024 4.290% 10/15/2029
Security Type Sub-Total 5,215,215.24 5,234,583.66
63,157,995.06
29,720.29 26,643.49 1.53
2.44
4.53
4.47Managed Account Sub-Total 65,157,302.04 (18,910.67)(627,480.54)
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 24
Page 98
Managed Account Fair Market Value & Analytics
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Securities Sub-Total
Accrued Interest
Total Investments
$65,157,302.04 $63,157,995.06
$412,398.41
($18,910.67)($627,480.54)2.45 4.47%
$63,570,393.47
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 25
Page 99
Managed Account Security Transactions & Interest
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Transaction Type Principal
Proceeds
Accrued
Interest
Realized G/L Realized G/L Sale
MethodTrade
BUY
Settle Security Description CUSIP Par Total Cost Amort Cost
12/02/24
12/02/24
12/26/24
12/05/24
12/05/24
12/31/24
US TREASURY N/B
DTD 05/15/2017 2.375% 05/15/2027
US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
US TREASURY N/B
912828X88 800,000.00
800,000.00
140,000.00
(766,500.00)
(720,375.00)
(139,130.47)
(1,049.72)(767,549.72)
(720,761.74)
(139,864.31)
91282CAU5
91282CLX7
(386.74)
(733.84)
DTD 11/15/2024 4.125% 11/15/2027
Transaction Type Sub-Total
INTEREST
1,740,000.00 (1,626,005.47)(2,170.30)(1,628,175.77)
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
AMAZON.COM INC (CALLABLE)
DTD 12/01/2022 4.550% 12/01/2027
FHMS K529 A2
DTD 10/01/2024 4.791% 09/01/2029
FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
FNA 2023-M6 A2
DTD 07/01/2023 4.181% 07/01/2028
FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
FHMS K520 A2
DTD 04/01/2024 5.180% 03/01/2029
FHMS K527 A2
023135CP9
3137HH6C0
3137HAST4
3137HAQ74
3137HBLV4
3136BQDE6
3137HB3D4
3137HCKV3
3137HFF59
3137HACX2
3137HFNZ4
3137HDXL9
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
6,825.00
1,437.30
1,818.75
2,172.50
1,104.90
1,997.65
929.32
6,825.00
1,437.30
1,818.75
2,172.50
1,104.90
1,997.65
929.32
1,295.00
1,635.54
2,409.50
807.68
1,295.00
1,635.54
2,409.50
807.68
DTD 08/01/2024 4.618% 07/01/2029
FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
FHMS K528 A2
DTD 09/01/2024 4.508% 07/01/2029
FHMS K526 A2 2,082.21 2,082.21
DTD 08/01/2024 4.543% 07/01/2029
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 26
Page 100
Managed Account Security Transactions & Interest
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Transaction Type Principal
Proceeds
Accrued
Interest
Realized G/L Realized G/L Sale
MethodTradeSettleSecurity Description CUSIP Par Total Cost Amort Cost
INTEREST
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/01/24
12/02/24
12/09/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/25/24
12/02/24
12/09/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
12/15/24
FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
FHMS K067 A2
DTD 09/01/2017 3.194% 07/01/2027
FHMS K062 A2
DTD 02/01/2017 3.413% 12/01/2026
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
FHMS K530 A2
DTD 11/01/2024 4.792% 09/01/2029
FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
MONEY MARKET FUND
DTD 01/01/2010 0.000%
NATIONAL AUSTRALIA BK/NY
DTD 06/09/2022 3.905% 06/09/2027
WFCIT 2024-A2 A
DTD 10/24/2024 4.290% 10/15/2029
WOART 2024-A A2A
DTD 02/14/2024 5.050% 04/15/2027
BACCT 2024-A1 A
DTD 06/13/2024 4.930% 05/15/2029
HART 2024-C A3
DTD 10/16/2024 4.410% 05/15/2029
NAROT 2023-B A3
DTD 10/25/2023 5.930% 03/15/2028
TAOT 2024-C A3
DTD 07/30/2024 4.880% 03/15/2029
DCENT 2023-A2 A
3137HAMH6 0.00 2,325.00 2,325.00
3137FAWS3
3137BUX60
3137HAD45
3137HHJL6
3137HB3G7
MONEY0002
63254ABE7
92970QAE5
98164RAB2
05522RDJ4
448976AD2
65480MAD5
89237QAD2
254683CZ6
05522RDG0
448977AD0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
931.58
881.69
931.58
881.69
2,385.55
2,376.03
1,296.00
200.87
2,385.55
2,376.03
1,296.00
200.87
--
7,810.00
1,001.00
488.19
7,810.00
1,001.00
488.19
2,054.17
735.00
2,054.17
735.00
593.00 593.00
976.00 976.00
2,567.71
2,594.58
107.34
2,567.71
2,594.58
107.34
DTD 06/28/2023 4.930% 06/15/2028
BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
HART 2022-A A3
DTD 03/16/2022 2.220% 10/15/2026
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 27
Page 101
Managed Account Security Transactions & Interest
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Transaction Type Principal
Proceeds
Accrued
Interest
Realized G/L Realized G/L Sale
MethodTradeSettleSecurity Description CUSIP Par Total Cost Amort Cost
INTEREST
12/15/24
12/15/24
12/15/24
12/16/24
12/16/24
12/18/24
12/20/24
12/21/24
12/21/24
12/21/24
12/30/24
12/31/24
12/31/24
12/31/24
12/31/24
12/15/24
12/15/24
12/15/24
12/16/24
12/16/24
12/18/24
12/20/24
12/21/24
12/21/24
12/21/24
12/30/24
12/31/24
12/31/24
12/31/24
12/31/24
AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
AMXCA 2024-3 A
DTD 07/23/2024 4.650% 07/15/2029
GMCAR 2022-1 A3
DTD 01/19/2022 1.260% 11/16/2026
GMCAR 2024-4 A3
DTD 10/16/2024 4.400% 08/16/2029
TOYOTA MOTOR CREDIT CORP
DTD 06/18/2021 1.125% 06/18/2026
VALET 2021-1 A3
DTD 12/13/2021 1.020% 06/22/2026
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
HAROT 2024-3 A2
DTD 08/21/2024 4.890% 02/22/2027
HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
MEDALLION BANK UTAH
DTD 07/30/2020 0.550% 07/30/2025
US TREASURY N/B
DTD 06/30/2021 0.875% 06/30/2026
US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
US TREASURY N/B
02582JJZ4 0.00 3,713.38 3,713.38
14041NGD7
02589BAE0
380146AC4
38014AAD3
89236TJK2
92868KAC7
43815GAC3
43813YAB8
438123AC5
58404DHQ7
91282CCJ8
91282CCH2
91282CEV9
91282CJR3
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,896.92
1,336.88
19.62
1,896.92
1,336.88
19.62
586.67 586.67
2,025.00
14.31
2,025.00
14.31
9.94 9.94
1,609.63
354.38
1,609.63
354.38
110.75 110.75
4,921.88
5,156.25
13,000.00
29,531.25
4,921.88
5,156.25
13,000.00
29,531.25
DTD 01/02/2024 3.750% 12/31/2028
Transaction Type Sub-Total
PAYDOWNS
0.00 118,125.92 118,125.92
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 28
Page 102
Managed Account Security Transactions & Interest
CITY OF RANCHO CUCAMONGA, FIRE PROT DIS -
For the Month Ending December 31, 2024
Transaction Type Principal
Proceeds
Accrued
Interest
Realized G/L Realized G/L
Cost Amort Cost
Sale
MethodTradeSettleSecurity Description CUSIP Par Total
PAYDOWNS
12/01/24
12/01/24
12/15/24
12/15/24
12/16/24
12/20/24
12/21/24
12/25/24
12/25/24
12/15/24
12/15/24
12/16/24
12/20/24
12/21/24
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
FNA 2023-M6 A2
DTD 07/01/2023 4.181% 07/01/2028
HART 2022-A A3
DTD 03/16/2022 2.220% 10/15/2026
WOART 2024-A A2A
DTD 02/14/2024 5.050% 04/15/2027
GMCAR 2022-1 A3
DTD 01/19/2022 1.260% 11/16/2026
VALET 2021-1 A3
DTD 12/13/2021 1.020% 06/22/2026
HAROT 2021-4 A3
3137HAD45 496.64
3.66
496.64 0.00 496.64 0.02
0.13
0.28
0.90
0.22
0.15
0.54
0.01
3136BQDE6
448977AD0
98164RAB2
380146AC4
92868KAC7
43815GAC3
3.66
7,330.51
11,529.19
2,537.84
3,924.35
2,574.67
0.00
0.00
0.00
0.00
0.00
0.00
3.66
7,330.51
11,529.19
2,537.84
3,924.35
2,574.67
0.10
0.11
0.66
0.09
0.05
0.14
7,330.51
11,529.19
2,537.84
3,924.35
2,574.67
DTD 11/24/2021 0.880% 01/21/2026
Transaction Type Sub-Total
SELL
28,396.86 28,396.86 0.00 28,396.86 2.24 1.16
12/02/24
12/02/24
12/05/24
12/05/24
US TREASURY N/B
DTD 11/02/2020 0.250% 10/31/2025
US TREASURY N/B
91282CAT8
91282CAT8
1,000,000.00
500,000.00
963,554.69
481,777.34
241.71
120.86
963,796.40
481,898.20
47,421.88
38,398.43
(14,601.45)
(1,174.34)
FIFO
FIFO
DTD 11/02/2020 0.250% 10/31/2025
Transaction Type Sub-Total
Managed Account Sub-Total
Total Security Transactions
1,500,000.00 1,445,332.03
(152,276.58)
($152,276.58)
362.57
116,318.19
$116,318.19
1,445,694.60
(35,958.39)
($35,958.39)
85,820.31
85,822.55
$85,822.55
(15,775.79)
(15,774.63)
($15,774.63)
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
Account Page 29
Page 103
DATE:
TO:
FROM:
INITIATED BY:
SUBJECT:
February 19, 2025
Mayor and Members of the City Council
John R. Gillison, City Manager
Peter Castro, Deputy City Manager/Administrative Services
Jevin Kaye, Finance Director
Ruth Cain, Procurement Manager
Cheryl Combs, Procurement Business Partner
Consideration to Declare Surplus for Retired Computer, Monitors, Laptops,
iPhones, and iPads, Deemed No Longer Needed, Obsolete or Unusable as
Surplus. (CITY)
RECOMMENDATION:
Staff recommends the City Council declare the list of retired computer, monitors, laptops, iPhones,
and iPads detailed in the Analysis section that have been deemed no longer needed, obsolete or
unusable as surplus.
BACKGROUND:
Per the City's Municipal Code Section 3.08.150, the Procurement Manager shall have the
authority, granted by the City Council, to request to dispose of City items that have been deemed
as obsolete and unsuitable for City use. Methods for disposing of surplus are to exchange for
or trade in on new supplies, transfer to another department, or offer for sale on a competitive
bid basis. After a reasonable effort, and if no bids have been received, Procurement may dispose
of surplus for the highest scrap value. The City may sell surplus property to any other
governmental agency at a fair market value without any other bids or donate surplus property to
any agency or entity which is exempt from federal income tax, with the approval of City Council.
ANALYSIS:
The items to be considered for surplus at this time were submitted by “DoIT” Department
of Innovation & Technology. Proposed surplus items include retired computer, monitor, laptop,
iPhone, and iPad deemed no longer needed, obsolete or unusable. Staff recommends Council
approve the disposal of these items through auction or best method as determined by the
Procurement Manager.
F/A No.Description Make/Model Serial No.
4097 Apple iPad Air 2nd Gen A1567 DLXNP0A6G5YL
N/A Apple iPhone 6s Plus A1687 C39R832SGRX8
N/A Apple iPhone SE 2nd Gen A2296 FFMFPJGSPLJM
7676 Apple iPhone SE 2nd Gen A2296 FFNFP9L9PLJM
N/A Apple iPhone SE 2nd Gen A2296 FFMFPXV5PLJM
N/A Apple iPhone SE 2nd Gen A2296 FFMG8E4FPLJM
N/A Apple iPhone SE 2nd Gen A2296 DX3G1CLBPLJM
N/A Apple iPhone SE 2nd Gen A2296 FFMFPVP5PLJM
Page 104
Page 2
2
7
1
6
7634 Apple iPhone SE 2nd Gen A2296 DX3FH3Y8PLJM
N/A Apple iPhone SE 3rd Gen A2595 VX23R2PHXF
N/A Apple iPhone SE 3rd Gen A2596 LTYPG62X4R
N/A Apple iPhone A1660 DX3Y47Z0HG6W
N/A Apple iPad A2438 F6MF2NABW1KV
N/A Apple iPad A1954 GG7X13MGJF89
6755 Lenovo ThinkCentre M920Q MJ08Q5AY
7016 Lenovo ThinkCentre M920Q MJ0A4XS
7142 Lenovo ThinkCentre M920Q MJ0A4AX0
6958 Lenovo ThinkCentre M920Q MJ0A4AZR
6732 Lenovo ThinkCentre M920Q MJ08Q5BE
6795 Lenovo ThinkCentre M920Q MJ08Q5AM
6754 Lenovo ThinkCentre M920Q MJ08Q5AE
6844 Lenovo ThinkCentre M920Q MJ0910HS
6839 Lenovo ThinkCentre M920Q MJ0910HT
6771 Lenovo ThinkCentre M920Q MJ08Q5AB
6418 Lenovo ThinkCentre M920Q MJ075NH0
6848 Lenovo ThinkCentre M920Q MJ0910HK
6764 Lenovo ThinkCentre M920Q MJ08Q5AR
6544 Lenovo ThinkCentre M920Q MJ07K7MV
6545 Lenovo ThinkCentre M920Q MJ07K7MT
6548 Lenovo ThinkCentre M920Q MJ07K7MX
6770 Lenovo ThinkCentre M920Q MJ08Q5B4
6762 Lenovo ThinkCentre M920Q MJ08Q59T
6983 Lenovo ThinkCentre M920Q MJ0A44W6
6750 Lenovo ThinkCentre M920Q MJ08Q5AH
6546 Lenovo ThinkCentre M920Q MJ07K7MQ
6786 Lenovo ThinkCentre M920Q MJ08Q5AP
6772 Lenovo ThinkCentre M920Q MJ08Q59N
6741 Lenovo ThinkCentre M920Q MK08Q599
6547 Lenovo ThinkCentre M920Q MJ07K7MU
6731 Lenovo ThinkCentre M920Q MJ08Q5BD
6676 Lenovo ThinkCentre M920Q MJ08B5E4
6781 Lenovo ThinkCentre M920Q MJ08Q5A6
6774 Lenovo ThinkCentre M920Q MJ08Q5AV
7173 Lenovo ThinkCentre M920Q MJ0A4AZS
6733 Lenovo ThinkCentre M920Q MJ08Q59P
6077 Lenovo ThinkCentre M920Q MJ05YF0P
6914 Lenovo ThinkCentre M920Q MJ0910H2
6790 Lenovo ThinkCentre M920Q MJ08Q59A
7011 Lenovo ThinkCentre M920Q MJ0A4AY5
7003 Lenovo ThinkCentre M920Q MJ0A4B04
6915 Lenovo ThinkCentre M920Q MJ0910J0
6981 Lenovo ThinkCentre M920Q MJ0A44W1
6671 Lenovo ThinkCentre M920Q MJ08B5E7
6573 Lenovo ThinkCentre M920Q MJ07PE03
6918 Lenovo ThinkCentre M920Q MJ0910GR
6751 Lenovo ThinkCentre M920Q MJ08Q5AD
6749 Lenovo ThinkCentre M920Q MJ08Q5AZ
6726 Lenovo ThinkCentre M920Q MJ08Q5B1
Page 105
Page 3
2
7
1
6
6779 Lenovo ThinkCentre M920Q MJ08Q59F
6997 Lenovo ThinkCentre M920Q MJ0A4B0R
6933 Lenovo ThinkCentre M920Q MJ0910J2
6778 Lenovo ThinkCentre M920Q MJ08Q59X
7078 Lenovo ThinkCentre M920Q MJ0A4ATP
6989 Lenovo ThinkCentre M920Q MJ0A4AYN
6936 Lenovo ThinkCentre M920Q MJ0910GX
6758 Lenovo ThinkCentre M920Q MJ08Q5AL
6757 Lenovo ThinkCentre M920Q MJ08Q5A9
6536 Lenovo ThinkCentre M920Q MJ07K7N0
6622 Lenovo ThinkCentre M920Q MJ07YHAG
7036 Lenovo ThinkCentre M920Q MJ0A4ATM
7002 Lenovo ThinkCentre M920Q MJ0A4ATW
6759 Lenovo ThinkCentre M920Q MJ0825A0
6576 Lenovo ThinkCentre M920Q MJ07PE09
7004 Lenovo ThinkCentre M920Q MJ0A4ATE
7059 Lenovo ThinkCentre M920Q MJ0A44W2
5462 Microsoft LAPTOP SURFACE 46962145153
6451 Lenovo LAPTOP THINKPAD X1 YOGA R9-0RFAFM
7653 Dell LAPTOP LATTITUDE 5520 5BYSP93
5744 Toshiba CHROMEBOOK CB35 ZF129025C
7930 Dell LAPTOP PRECISION 3570 HQ73SL3
7649 Dell LAPTOP PRECISION 3570 BPVGP93
7646 Dell LAPTOP LATTITUDE 5520 JMVGP93
6349 Lenovo LAPTOP THINKPAD X1 YOGA R9-ONT491
5370 HP LAPTOP ELITEBOOK 850 cnu423blbg
7127 Dell LAPTOP PRECISION 3530 H4FD172
N/A Dell LAPTOP LATTITUDE E6420 1VNMDS1
6474 Lenovo DESKTOP THINKSTATION P520C MJ076B2Y
6625 Lenovo DESKTOP THINKSTATION P520C MJ07XVA6
6942 Lenovo DESKTOP THINKSTATION P520C MJ09CCB1
6458 Lenovo DESKTOP THINKSTATION P520C MJ076B31
6518 Lenovo DESKTOP THINKSTATION P520C MJ07D8ZD
6514 Lenovo DESKTOP THINKSTATION P520C MJ07D8ZE
is00627 HP PRINTER LASERJET PRO 300 cnd8f2lcw3
N/A AOC MONITOR 230LM000005 AFBC59A001444
N/A AOC MONITOR 230LM000005 AFBC59A001447
1266 Dell MONITOR U2415B CN0CFV9N7426167S44MLA03
N/A Dell MONITOR E2417H CN0T4KPWQDC008471GMLA03
N/A Dell MONITOR E2417H CN0T4KPWQDC008CD21AUA06
N/A Dell MONITOR E2417H CN0T4KPWPDC008471HNLA03
N/A Samsung MONITOR UN24H4000AF BN6A0112G00
N/A APC UPS SUA3000RM2U J50603035407
FISCAL IMPACT:
As of January 30, 2025, FY 24/25, surplus has accumulated $12,396.56 in sales through the
Public Surplus auction site.
Page 106
Page 4
2
7
1
6
COUNCIL MISSION / VISION / VALUE(S) ADDRESSED:
Reusing and recycling items supports the City Council's Core Value of promoting and enhancing
a safe and healthy community for all.
ATTACHMENTS:
None.
Page 107
2
7
1
8
DATE:February 19, 2025
TO:Mayor and Members of the City Council
FROM:John R. Gillison, City Manager
INITIATED BY:Shelly Munson, Director of Innovation and Technology
Lilyan Villarreal, Deputy Director of Innovation and Technology
Tanya Trieu-Bui, Management Analyst I
SUBJECT:Consideration to Approve a Sole-Source Agreement with Media Control Systems,
Inc. in the Amount of $53,100 for the Replacement of Existing Broadcast Media
Equipment Supporting the Council Chambers, and to Authorize the Appropriation
of Funds for the Project. (CITY)
RECOMMENDATION:
Staff recommends the City Council authorize a sole-source agreement with Media Control Systems, Inc. in the
amount of $53,100 for the replacement of all existing media broadcast equipment supporting the Council
Chambers; and authorize an appropriation in the amount of $53,100 into the General Fund for the project to
be reimbursed by Public, Educational and Government (PEG) funds.
BACKGROUND:
Providing streaming and televised City Council meetings is a core aspect of the City' transparency initiatives,
allowing for residents to engage and follow the Council's direction from the convenience of their television,
computer or mobile device. In order to provide live internet streaming and televised coverage of the bi-monthly
City Council meetings, the City Council chambers has been equipped with a set of hardware components and
servers that provide these broadcast media services. This comprehensive equipment includes hardware,
software and services to convert live video to formats suitable for internet streaming and television broadcast
as well as the controllers to provide 24/7 media over the City's public access television channel.
The equipment currently in use was procured and installed in 2019 and has reached the effective end- of-life
for most of the components, including Windows 10 that will become unsupported in October 2025. Over the past
6 months the existing equipment has encountered several performance failures related to its time in service.
ANALYSIS:
Staff evaluated several options for replacement of the existing equipment, including utilizing other modes for
streaming services to improve reach and reliability. A key issue uncovered in the analysis is the complexity of
interdependent systems that multiplies our potential points-of-failure. To resolve this issue, staff recommends
including video streaming with the new broadcast media equipment stack. While there will still be other
dependencies to broadcast meetings such as cable network broadcast services and our internet service, the
improvements recommended will simplify the equipment we manage and should reduce the chances of an
outage or interruption.
Staff is also recommending a single source procurement for the hardware, installation and support services
through Media Control Systems, Inc to ensure operational continuity and minimize potential down time or
service interruptions as well as to maintain compatibility with other existing components. Media Control
Systems, Inc. supports our current broadcast media equipment, and they are familiar with the interfaces to our
existing video production equipment which helps with a quicker resolution of problems if they arise.
Page 108
FISCAL IMPACT:
The City has sufficient funds in the existing PEG account to fully fund this equipment
replacement project. PEG revenues are received from local cable television service
providers as part of their franchise agreement and directly support the provision of local
government content over television broadcast. PEG funds are collected as a fee from cable
television services and may only be utilized to support televised content provided by the City,
such as City Council meetings. Staff negotiated a proposal with Media Control Systems to
include 5 (five) years of support and maintenance, incorporating all foreseeable costs into the
current project.
The following appropriations are requested to complete this project:
Fiscal Year 2024/25 Adopted Budget:
General Fund F001 | CC209 | SC7002 Capital Outlay - Equipment and
Furnishings $ 53,100
General Fund F001 | CC000 | RC6104 Reimbursement of Indirect
Charges $ 53,100
COUNCIL MISSION / VISION / VALUE(S) ADDRESSED:
This item addresses the City Council’s Core Value of intentionally embracing and anticipating our
future.
ATTACHMENTS:
Attachment 1 – Media Control Systems, Inc. PSA
Attachment 2 – Sole Source Justification form and Memo
Page 109
PSA with Professional Liability Insurance (Non-Design) Page 1
Last Revised: 11/12/2020
AGREEMENT FOR
PROFESSIONAL SERVICES
THIS AGREEMENT is made and entered into this 19th day of
February, 2024, by and between the City of Rancho Cucamonga, a municipal
corporation (“City”) and Media Control Systems, LLC, a media equipment and
support services company (“Consultant”).
RECITALS
A.City has heretofore issued its request for proposals to perform the
following professional services: Replacement, installation and training of all existing
media broadcast equipment supporting City Council (“the Project”).
B.Consultant has submitted a proposal to perform the professional services
described in Recital “A”, above, necessary to complete the Project.
C.City desires to engage Consultant to complete the Project in the manner
set forth and more fully described herein.
D.Consultant represents that it is fully qualified and licensed under the laws
of the State of California to perform the services contemplated by this Agreement in a
good and professional manner.
AGREEMENT
NOW, THEREFORE, in consideration of performance by the parties of the
mutual promises, covenants, and conditions herein contained, the parties hereto agree as
follows:
1.Consultant’s Services.
1.1 Scope and Level of Services. Subject to the terms and conditions
set forth in this Agreement, City hereby engages Consultant to perform all technical and
professional services described in Recitals “A” and “B” above, including, but not limited
to procure and install hardware equipment and provide training and support services, all
as more fully set forth in the Consultant’s proposal, dated January 30, 2025 and entitled
“On-Going Service and Support Proposal”, attached hereto as Exhibit “A”, and
incorporated by reference herein. The nature, scope, and level of the services required to
be performed by Consultant are set forth in the Scope of Work and are referred to herein
as “the Services.” In the event of any inconsistencies between the Scope of Work and
this Agreement, the terms and provisions of this Agreement shall control.
1.2 Revisions to Scope of Work. Upon request of the City, the
Consultant will promptly meet with City staff to discuss any revisions to the Project
desired by the City. Consultant agrees that the Scope of Work may be amended based
ATTACHMENT 1
Page 110
PSA with Professional Liability Insurance (Non-Design) Page 2
Last Revised: 11/12/2020
upon said meetings, and, by amendment to this Agreement, the parties may agree on a
revision or revisions to Consultant’s compensation based thereon. A revision pursuant to
this Section that does not increase the total cost payable to Consultant by more than ten
percent (10%) of the total compensation specified in Section 3, may be approved in
writing by City’s City Manager without amendment.
1.3 Time for Performance. Consultant shall perform all services under
this Agreement in a timely, regular basis consistent with industry standards for
professional skill and care, and in accordance with any schedule of performance set forth
in the Scope of Work, or as set forth in a “Schedule of Performance”, if such Schedule is
attached hereto.
1.4 Standard of Care. As a material inducement to City to enter into
this Agreement, Consultant hereby represents that it has the experience necessary to
undertake the services to be provided. In light of such status and experience, Consultant
hereby covenants that it shall follow the customary professional standards in performing
the Services.
1.5 Familiarity with Services. By executing this Agreement,
Consultant represents that, to the extent required by the standard of practice, Consultant
(a) has investigated and considered the scope of services to be performed, (b) has
carefully considered how the services should be performed, and (c) understands the
facilities, difficulties and restrictions attending performance of the services under this
Agreement. Consultant represents that Consultant, to the extent required by the standard
of practice, has investigated any areas of work, as applicable, and is reasonably
acquainted with the conditions therein. Should Consultant discover any latent or
unknown conditions, which will materially affect the performance of services, Consultant
shall immediately inform City of such fact and shall not proceed except at Consultant’s
risk until written instructions are received from the City Representative.
2.Term of Agreement. The term of this Agreement shall be five (5) year
and shall become effective as of the date of the mutual execution by way of both parties
signature (the “Effective Date”). No work shall be conducted; service or goods will not
be provided until this Agreement has been executed and above requirements have been
fulfilled.
3. Compensation.
3.1 Compensation. City shall compensate Consultant as set forth in
Exhibit A, provided, however, that full, total and complete amount payable to Consultant
shall not exceed $53,094.98 (fifty-three thousand, ninety-four dollars and ninety-eight
cents), including all out of pocket expenses, unless additional compensation is approved
by the City Council. City shall not withhold any federal, state or other taxes, or other
deductions. However, City shall withhold not more than ten percent (10%) of any
invoice amount pending receipt of any deliverables reflected in such invoice. Under no
circumstance shall Consultant be entitled to compensation for services not yet
satisfactorily performed.
Page 111
PSA with Professional Liability Insurance (Non-Design) Page 3
Last Revised: 11/12/2020
The parties further agree that compensation may be adjusted in accordance
with Section 1.2 to reflect subsequent changes to the Scope of Services. City shall
compensate Consultant for any authorized extra services as set forth in Exhibit A.
4. Method of Payment.
4.1 Invoices. Consultant shall submit to City monthly invoices for the
Services performed pursuant to this Agreement. The invoices shall describe in detail the
Services rendered during the period and shall separately describe any authorized extra
services. Any invoice claiming compensation for extra services shall include appropriate
documentation of prior authorization of such services. All invoices shall be remitted to
the City of Rancho Cucamonga, California.
4.2 City shall review such invoices and notify Consultant in writing
within ten (10) business days of any disputed amounts.
4.3 City shall pay all undisputed portions of the invoice within thirty
(30) calendar days after receipt of the invoice up to the not-to-exceed amounts set forth in
Section 3.
4.4 All records, invoices, time cards, cost control sheets and other
records maintained by Consultant relating to services hereunder shall be available for
review and audit by the City.
5. Representatives.
5.1 City Representative. For the purposes of this Agreement, the
contract administrator and City’s representative shall be Shelly Munson, or such other
person as designated in writing by the City (“City Representative”). It shall be
Consultant’s responsibility to assure that the City Representative is kept informed of the
progress of the performance of the services, and Consultant shall refer any decisions that
must be made by City to the City Representative. Unless otherwise specified herein, any
approval of City required hereunder shall mean the approval of the City Representative.
5.2 Consultant Representative. For the purposes of this Agreement,
Tom Walsh is hereby designated as the principal and representative of Consultant
authorized to act in its behalf with respect to the services specified herein and make all
decisions in connection therewith (“Consultant’s Representative”). It is expressly
understood that the experience, knowledge, capability and reputation of the Consultant’s
Representative were a substantial inducement for City to enter into this Agreement.
Therefore, the Consultant’s Representative shall be responsible during the term of this
Agreement for directing all activities of Consultant and devoting sufficient time to
personally supervise the services hereunder. Consultant may not change the Responsible
Principal without the prior written approval of City.
6. Consultant’s Personnel.
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6.1 All Services shall be performed by Consultant or under
Consultant’s direct supervision, and all personnel shall possess the qualifications,
permits, and licenses required by State and local law to perform such Services, including,
without limitation, a City business license as required by the City’s Municipal Code.
6.2 Consultant shall be solely responsible for the satisfactory work
performance of all personnel engaged in performing the Services and compliance with
the standard of care set forth in Section 1.4.
6.3 Consultant shall be responsible for payment of all employees’ and
subcontractors’ wages and benefits, and shall comply with all requirements pertaining to
employer’s liability, workers’ compensation, unemployment insurance, and Social
Security. By its execution of this Agreement, Consultant certifies that it is aware of the
provisions of Section 3700 of the California Labor Code that require every employer to
be insured against liability for Worker's Compensation or to undertake self-insurance in
accordance with the provisions of that Code, and agrees to comply with such provisions
before commencing the performance of the Services.
6.4 Consultant shall indemnify, defend and hold harmless City and its
elected officials, officers and employees, servants, designated volunteers, and agents
serving as independent contractors in the role of city or agency officials, from any and all
liability, damages, claims, costs and expenses of any nature to the extent arising from
Consultant’s violations of personnel practices and/or any violation of the California
Labor Code. City shall have the right to offset against the amount of any fees due to
Consultant under this Agreement any amount due to City from Consultant as a result of
Consultant’s failure to promptly pay to City any reimbursement or indemnification
arising under this Section 6.
7. Ownership of Work Product.
7.1 Ownership. All documents, ideas, concepts, electronic files,
drawings, photographs and any and all other writings, including drafts thereof, prepared,
created or provided by Consultant in the course of performing the Services, including any
and all intellectual and proprietary rights arising from the creation of the same
(collectively, “Work Product”), are considered to be “works made for hire” for the
benefit of the City. Upon payment being made, and provided Consultant is not in breach
of this Agreement, all Work Product shall be and remain the property of City without
restriction or limitation upon its use or dissemination by City. Basic survey notes,
sketches, charts, computations and similar data prepared or obtained by Consultant under
this Agreement shall, upon request, be made available to City. None of the Work Product
shall be the subject of any common law or statutory copyright or copyright application by
Consultant. In the event of the return of any of the Work Product to Consultant or its
representative, Consultant shall be responsible for its safe return to City. Under no
circumstances shall Consultant fail to deliver any draft or final designs, plans, drawings,
reports or specifications to City upon written demand by City for their delivery,
notwithstanding any disputes between Consultant and City concerning payment,
performance of the contract, or otherwise. This covenant shall survive the termination of
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this Agreement. City’s reuse of the Work Product for any purpose other than the Project,
shall be at City’s sole risk.
7.2. Assignment of Intellectual Property Interests: Upon execution of
this Agreement and to the extent not otherwise conveyed to City by Section 7.1, above,
the Consultant shall be deemed to grant and assign to City, and shall require all of its
subcontractors to assign to City, all ownership rights, and all common law and statutory
copyrights, trademarks, and other intellectual and proprietary property rights relating to
the Work Product and the Project itself, and Consultant shall disclaim and retain no rights
whatsoever as to any of the Work Product, to the maximum extent permitted by law.
City shall be entitled to utilize the Work Product for any and all purposes, including but
not limited to constructing, using, maintaining, altering, adding to, restoring, rebuilding
and publicizing the Project or any aspect of the Project.
7.3 Title to Intellectual Property. Consultant warrants and represents
that it has secured all necessary licenses, consents or approvals to use any
instrumentality, thing or component as to which any intellectual property right exists,
including computer software, used in the rendering of the Services and the production of
the Work Product and/or materials produced under this Agreement, and that City has full
legal title to and the right to reproduce any of the Work Product. Consultant shall defend,
indemnify and hold City, and its elected officials, officers, employees, servants,
attorneys, designated volunteers, and agents serving as independent contractors in the
role of city officials, harmless from any loss, claim or liability in any way related to a
claim that City’s use is violating federal, state or local laws, or any contractual
provisions, relating to trade names, licenses, franchises, patents or other means of
protecting intellectual property rights and/or interests in products or inventions.
Consultant shall bear all costs arising from the use of patented, copyrighted, trade secret
or trademarked documents, materials, software, equipment, devices or processes used or
incorporated in the Services and materials produced under this Agreement. In the event
City’s use of any of the Work Product is held to constitute an infringement and any use
thereof is enjoined, Consultant, at its expense, shall: (a) secure for City the right to
continue using the Work Product by suspension of any injunction or by procuring a
license or licenses for City; or (b) modify the Work Product so that it becomes non-
infringing. This covenant shall survive the termination of this Agreement.
8. Status as Independent Contractor. Consultant is, and shall at all times
remain as to City, a wholly independent contractor. Consultant shall have no power to
incur any debt, obligation, or liability on behalf of City or otherwise act as an agent of
City. Neither City nor any of its agents shall have control over the conduct of Consultant
or any of Consultant’s employees, except as set forth in this Agreement. Consultant shall
not, at any time, or in any manner, represent that it or any of its officers, agents or
employees are in any manner employees of City. Consultant shall pay all required taxes
on amounts paid to Consultant under this Agreement, and to defend, indemnify and hold
City harmless from any and all taxes, assessments, penalties, and interest asserted against
City by reason of the independent contractor relationship created by this Agreement.
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Consultant shall fully comply with the workers’ compensation law regarding Consultant
and Consultant’s employees.
9. Confidentiality. Consultant may have access to financial, accounting,
statistical, and personnel data of individuals and City employees. Consultant covenants
that all data, documents, discussion, or other information developed or received by
Consultant or provided for performance of this Agreement are confidential and shall not
be disclosed by Consultant without prior written authorization by City. City shall grant
such authorization if applicable law requires disclosure. All City data shall be returned to
City upon the termination of this Agreement. Consultant’s covenant under this section
shall survive the termination of this Agreement. This provision shall not apply to
information in whatever form that is in the public domain, nor shall it restrict the
Consultant from giving notices required by law or complying with an order to provide
information or data when such an order is issued by a court, administrative agency or
other legitimate authority, or if disclosure is otherwise permitted by law and reasonably
necessary for the Consultant to defend itself from any legal action or claim.
10. Conflict of Interest.
10.1 Consultant covenants that it presently has no interest and shall not
acquire any interest, direct or indirect, which may be affected by the Services, or which
would conflict in any manner with the performance of the Services. Consultant further
covenants that, in performance of this Agreement, no person having any such interest
shall be employed by it. Furthermore, Consultant shall avoid the appearance of having
any interest, which would conflict in any manner with the performance of the Services.
Consultant shall not accept any employment or representation during the term of this
Agreement which is or may likely make Consultant “financially interested” (as provided
in California Government Code §§1090 and 87100) in any decision made by City on any
matter in connection with which Consultant has been retained.
10.2 Consultant further represents that it has not employed or retained
any person or entity, other than a bona fide employee working exclusively for Consultant,
to solicit or obtain this Agreement. Consultant has not paid or agreed to pay any person
or entity, other than a bona fide employee working exclusively for Consultant, any fee,
commission, gift, percentage, or any other consideration contingent upon the execution of
this Agreement. Upon any breach or violation of this warranty, City shall have the right,
at its sole and absolute discretion, to terminate this Agreement without further liability, or
to deduct from any sums payable to Consultant hereunder the full amount or value of any
such fee, commission, percentage or gift.
10.3 Consultant has no knowledge that any officer or employee of City
has any interest, whether contractual, noncontractual, financial, proprietary, or otherwise,
in this transaction or in the business of Consultant, and that if any such interest comes to
the knowledge of Consultant at any time during the term of this Agreement, Consultant
shall immediately make a complete, written disclosure of such interest to City, even if
such interest would not be deemed a prohibited “conflict of interest” under applicable
laws as described in subsection 10.1.
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11. Indemnification.
11.1 Professional Services. In connection with its professional services,
the Consultant shall defend, hold harmless and indemnify City, and its elected officials,
officers, employees, servants, volunteers, and agents serving as independent contractors
in the role of city or agency officials, (collectively, “Indemnitees”), with respect to any
and all damages, liabilities, losses, reasonable defense costs or expenses (collectively,
“Claims”), including but not limited to liability for death or injury to any person and
injury to any property, to the extent the same out of, pertain to, or relate to the
negligence, recklessness, or willful misconduct of the Consultant or any of its officers,
employees, subcontractors, consultants, or agents in the performance of its professional
services under this Agreement. Consultant shall reimburse all reasonable defense costs
and expenses, including actual attorney’s fees and experts’ costs incurred in connection
with such defense.
11.2 Other Indemnities. In connection with all Claims not covered by
Section 11.1, the Consultant shall defend, hold harmless and indemnify the Indemnitees
with respect to any and all Claims including but not limited to Claims relating to death or
injury to any person and injury to any property, which arise out of, pertain to, or relate to
the non-professional acts, omissions, activities or operations of Consultant or any of its
officers, employees, subcontractors, consultants, or agents in the performance of this
Agreement. Consultant shall defend Indemnitees in any action or actions filed in
connection with any such Claims with counsel of City’s choice, and shall pay all costs
and expenses, including actual attorney’s fees and experts’ costs incurred in connection
with such defense.
11.3 Nonwaiver of Rights. Indemnitees do not, and shall not, waive any
rights that they may possess against Consultant because of the acceptance by City, or the
deposit with City, of any insurance policy or certificate required pursuant to this
Agreement.
11.4 Waiver of Right of Subrogation. Except as otherwise expressly
provided in this Agreement, Consultant, on behalf of itself and all parties claiming under
or through it, hereby waives all rights of subrogation against the Indemnitees, while
acting within the scope of their duties, from all claims, losses and liabilities arising out of
or incident to activities or operations performed by or on behalf of the Consultant.
11.5 Survival. The provisions of this Section 11 shall survive the
termination of the Agreement and are in addition to any other rights or remedies which
Indemnitees may have under the law. Payment is not required as a condition precedent to
an Indemnitee’s right to recover under this indemnity provision, and an entry of judgment
against Consultant shall be conclusive in favor of the Indemnitee’s right to recover under
this indemnity provision.
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12. Insurance.
12.1 Liability Insurance. Consultant shall procure and maintain in full
force and effect for the duration of this Agreement, insurance against claims for injuries
to persons or damages to property which may arise from or in connection with the
performance of the services hereunder by Consultant, and/or its agents, representatives,
employees and subcontractors.
12.2 Minimum Scope of Insurance. Unless otherwise approved by City,
coverage shall be at least as broad as:
(1) Insurance Services Office Commercial General Liability
coverage (occurrence form CG 0001).
(2) Insurance Services Office form number CA 0001 (Ed.
1/87) covering Automobile Liability, code 1 (any auto).
(3) Worker’s Compensation insurance as required by the State
of California, and Employer’s Liability Insurance.
(4) Technology Professional Liability Errors &
Omissions policy to include Cyber coverage unless Cyber
coverage is in the Crime policy.
(5) Professional Liability insurance in a form approved by the
City, having an extended reporting period of not less than
three (3) years; or Professional Liability insurance shall be
maintained for a period of three (3) years after completion
of the Services which shall, during the entire three (3) year
period, provide protection against claims of professional
negligence arising out of Consultant’s performance of the
Services and otherwise complying with all applicable
provisions of this Section 13. Either policy shall be
endorsed to include contractual liability to the extent
insurable.
12.3 Minimum Limits of Insurance. Consultant shall maintain limits no
less than:
(1) Commercial General Liability: $2,000,000 per occurrence
for bodily injury, personal injury and property damage.
Commercial General Liability Insurance with a general
aggregate limit shall apply separately to this Agreement or
the general limit shall be twice the required occurrence
limit.
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(2) Automobile Liability: $2,000,000 per accident for bodily
injury and property damage.
(3) Employer’s Liability: $1,000,000 per accident and in the
aggregate for bodily injury or disease and Workers’
Compensation Insurance in the amount required by law.
(4) Technology Professional Liability Errors &
Omissions policy to include Cyber coverage unless Cyber
coverage is in the Crime policy with a limit of no less than
$2,000,000 per occurrence.
(5) Professional Liability: $1,000,000 per claim/aggregate.
12.4 Deductibles and Self-Insured Retentions. Any deductibles or self-
insured retentions must be declared to and approved by the City.
12.5 Other Insurance Provisions.
(1) The commercial general liability and automobile liability
policies are to contain the following provisions on a
separate additionally insured endorsement naming the City,
its officers, officials, employees, designated volunteers and
agents serving as independent contractors in the role of city
or agency officials, are to be covered as additional insureds
as respects: liability arising out of activities performed by
or on behalf of Consultant; products and completed
operations of Consultant; premises owned, occupied or
used by Consultant; and/or automobiles owned, leased,
hired or borrowed by Consultant. The coverage shall
contain no limitations on the scope of protection afforded
to City, its officers, officials, employees, designated
volunteers or agents serving as independent contractors in
the role of City or agency officials which are not also
limitations applicable to the named insured.
(2) For any claims related to this Agreement, Consultant’s
insurance coverage shall be primary insurance as respects
City, its officers, officials, employees, designated
volunteers and agents serving as independent contractors in
the role of city or agency officials. Any insurance or self-
insurance maintained by City, their officers, officials,
employees, designated volunteers or agents serving as
independent contractors in the role of city or agency
officials shall be excess of Consultant’s insurance and shall
not contribute with it.
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(3) Consultant’s insurance shall apply separately to each
insured against whom claim is made or suit is brought,
except with respect to the limits of the insurer’s liability.
(4) Each insurance policy required by this clause shall be
endorsed to state that coverage shall not be canceled except
after 30 days prior written notice by first class mail has
been given to City (ten (10) days prior written notice for
non-payment of premium). Consultant shall provide thirty
(30) days written notice to City prior to implementation of
a reduction of limits or material change of insurance
coverage as specified herein.
(5) Each insurance policy, required by this clause shall
expressly waive the insurer’s right of subrogation against
City and its elected officials, officers, employees, servants,
attorneys, designated volunteers, and agents serving as
independent contractors in the role of city or agency
officials.
(6) Be issued by an insurance company approved in writing by
City, which is admitted and licensed to do business in the
State of California and which is rated A:VII or better
according to the most recent A.M. Best Co. Rating
Guide.
(7) Specify that any failure to comply with reporting or other
provisions of the required policy, including breaches of
warranty, shall not affect the coverage required to be
provided.
(8) Specify that any and all costs of adjusting and/or defending
any claim against any insured, including court costs and
attorneys' fees, shall be paid in addition to and shall not
deplete any policy limits.
(9) Other required insurance, endorsements, or exclusions as
required by the City in any request for proposals applicable
to this Agreement.
12.6 Evidence of coverage. Prior to commencing performance under this
Agreement, the Consultant shall furnish the City with certificates and original
endorsements, or copies of each required policy, effecting and evidencing the insurance
coverage required by this Agreement. The endorsements shall be signed by a person
authorized by the insurer(s) to bind coverage on its behalf. All endorsements or policies
shall be received and approved by the City before Consultant commences performance.
If performance of this Agreement shall extend beyond one year, Consultant shall provide
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City with the required policies or endorsements evidencing renewal of the required
policies of insurance prior to the expiration of any required policies of insurance.
13. Cooperation. In the event any claim or action is brought against City
relating to Consultant’s performance or services rendered under this Agreement,
Consultant shall render any reasonable assistance and cooperation that City might
require. City shall compensate Consultant for any litigation support services in an
amount to be agreed upon by the parties.
14. Termination. City shall have the right to terminate this Agreement at any
time for any or no reason on not less than ten (10) days prior written notice to
Consultant. In the event City exercises its right to terminate this Agreement, City shall
pay Consultant for any services satisfactorily rendered prior to the effective date of the
termination, provided Consultant is not then in breach of this Agreement. Consultant
shall have no other claim against City by reason of such termination, including any claim
for compensation. City may terminate for cause following a default remaining uncured
more than five (5) business days after service of a notice to cure on the breaching party.
Consultant may terminate this Agreement for cause upon giving the City ten (10)
business days prior written notice for any of the following: (1) uncured breach by the
City of any material term of this Agreement, including but not limited to Payment
Terms; (2) material changes in the conditions under which this Agreement was entered
into, coupled with the failure of the parties to reach accord on the fees and charges for
any Additional Services required because of such changes.
15. Notices. Any notices, bills, invoices, or reports authorized or required by
this Agreement shall be in writing and shall be deemed received on (a) the day of
delivery if delivered by hand or overnight courier service during Consultant’s and City’s
regular business hours; or (b) on the third business day following deposit in the United
States mail, postage prepaid, to the addresses set forth in this section, or to such other
addresses as the parties may, from time to time, designate in writing pursuant to the
provisions of this section.
All notices shall be addressed as follows:
If to City:
City of Rancho Cucamonga
Attn: Shelly Munson
10500 Civic Center Dr.
Rancho Cucamonga, CA 91730
If to Consultant:
Media Control Systems, Inc.
Attn: Tom Walsh
1654 Pioneer Way,
El Cajon, CA 92020
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16. Non-Discrimination and Equal Employment Opportunity. In the
performance of this Agreement, Consultant shall not discriminate against any employee,
subcontractor, or applicant for employment because of race, color, creed, religion, sex,
marital status, national origin, ancestry, age, physical or mental handicap, medical
condition, or sexual orientation. Consultant will take affirmative action to ensure that
subcontractors and applicants are employed, and that employees are treated during
employment, without regard to their race, color, creed, religion, sex, marital status,
national origin, ancestry, age, physical or mental handicap, medical condition, or sexual
orientation.
17. Assignment and Subcontracting. Consultant shall not assign or transfer
any interest in this Agreement or subcontract the performance of any of Consultant’s
obligations hereunder without City’s prior written consent. Except as provided herein,
any attempt by Consultant to so assign, transfer, or subcontract any rights, duties, or
obligations arising hereunder shall be null, void and of no effect.
18 Compliance with Laws. Consultant shall comply with all applicable
federal, state and local laws, ordinances, codes and regulations in force at the time
Consultant performs the Services.
19. Non-Waiver of Terms, Rights and Remedies. Waiver by either party of
any one or more of the conditions of performance under this Agreement shall not be a
waiver of any other condition of performance under this Agreement. In no event shall the
making by City of any payment to Consultant constitute or be construed as a waiver by
City of any breach of covenant, or any default which may then exist on the part of
Consultant, and the making of any such payment by City shall in no way impair or
prejudice any right or remedy available to City with regard to such breach or default.
20. Attorney’s Fees. In the event that either party to this Agreement shall
commence any legal action or proceeding to enforce or interpret the provisions of this
Agreement, the prevailing party in such action or proceeding shall be entitled to recover
its costs of suit, including reasonable attorney’s fees and costs of experts.
21. Exhibits; Precedence. All documents referenced as exhibits in this
Agreement are hereby incorporated in this Agreement. In the event of any material
discrepancy between the express provisions of this Agreement and the provisions of any
document incorporated herein by reference, the provisions of this Agreement shall
prevail.
22. Applicable Law and Venue. The validity, interpretation, and
performance of this Agreement shall be controlled by and construed under the laws of the
State of California. Venue for any action relating to this Agreement shall be in the San
Bernardino County Superior Court.
23. Construction. In the event of any asserted ambiguity in, or dispute
regarding the interpretation of any matter herein, the interpretation of this Agreement
shall not be resolved by any rules of interpretation providing for interpretation against the
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party who causes the uncertainty to exist or against the party who drafted the Agreement
or who drafted that portion of the Agreement.
24. Entire Agreement. This Agreement consists of this document, and any
other documents, attachments and/or exhibits referenced herein and attached hereto, each
of which is incorporated herein by such reference, and the same represents the entire and
integrated agreement between Consultant and City. This Agreement supersedes all prior
oral or written negotiations, representations or agreements. This Agreement may not be
amended, nor any provision or breach hereof waived, except in a writing signed by the
parties which expressly refers to this Agreement.
IN WITNESS WHEREOF, the parties, through their respective authorized
representatives, have executed this Agreement as of the date first written above.
Consultant Name: Media Control Systems, Inc.
By: ______________________________
Name Date
______________________________
Title
City of Rancho Cucamonga
By:________________________________
Name Date
_________________________________
Title
By: ______________________________
Name Date
______________________________
Title
City of Rancho Cucamonga
By:________________________________
Name Date
_________________________________
Title
(two signatures required if corporation)
Approval ____ Buyer II, Purchasing
____ Alternate, Risk Management Coordinator
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EXHIBIT A
SCOPE OF SERVICES
Page 123
ATTACHMENT 2
Page 124
Page 125
Page 126
DATE:February 19, 2025
TO:Mayor and Members of the City Council
FROM:John R. Gillison, City Manager
INITIATED BY:Jason C. Welday, Director of Engineering Services/City Engineer
Marlena Perez, Principal Engineer
Cesar Guevara, Associate Engineer
SUBJECT:Consideration of a Contract with Roadway Engineering & Construction
Corp., in the Amount of $386,270 Plus 10% Contingency for the
Haven Avenue Sidewalk Improvement Project From Merlot Court to
Wilson Avenue (Project). This Project is Exempt From the Requirements
of the California Environmental Quality Act (CEQA) per Government
Code Section 15301 – Existing Facilities. (CITY)
RECOMMENDATION:
Staff recommends that the City Council:
1. Approve the plans and specifications on file with the City Engineer for the Haven Avenue
Sidewalk Improvement Project from Merlot Court to Wilson Avenue (Project);
2. Accept the bids received for the Project;
3. Award and authorize the execution of a contract for the Project in the amount of $386,270
to the lowest responsive bidder, Roadway Engineering & Construction Corp.; and
4. Authorize the City Engineer or his designee to approve the expenditure of a
10% contingency for the Project in the amount of $38,627.
BACKGROUND:
The City’s efforts to promote safe active transportation is an important goal within the adopted
2021 General Plan. Haven Avenue has been identified as a bicycle corridor and modes of travel
for pedestrians have been identified as a priority.
In 2021, the City applied for grant funding on a reimbursement basis from the San Bernardino
County Transportation Authority (SBCTA) through the Transportation Development Act, Article 3
Bicycle and Pedestrians Facilities Program (TDA Article 3). The City was subsequently awarded
a grant totaling $227,192 for the development of the Project which will construct new sidewalk on
the east side of Haven Avenue in front of Chaffey College from Merlot Court to Wilson Avenue.
A Vicinity Map is included as Attachment 1.
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Page 2
2
7
1
7
ANALYSIS:
The scope of work to be performed consists of clearing and grubbing, tree trimming, and
installation of sidewalk, curb ramps, signing, striping, and pedestrian push buttons. The contract
documents call for 30 working days to complete this project.
The Notice Inviting Bids was released to the general contracting community and was published
in the Inland Valley Daily Bulletin newspaper on January 14 and January 21, 2025.
The City Clerk’s office facilitated the formal solicitation for bidding the project on January 28,
2025. The City Clerk’s office received four (4) construction bids. The engineer’s estimate for the
Project was $588,000. The apparent low bidder, Roadway Engineering & Construction Corp.,
submitted a bid in the amount of $386,270. A full bid summary is included as Attachment 2.
Engineering staff has reviewed all bids received and found all to be complete and in accordance
with the bid requirements with any irregularities to be inconsequential. Staff has completed the
required background investigation and finds the lowest responsive bidder Roadway Engineering
& Construction Corp. meets the requirements of the bid documents.
Staff has determined that the Project is Categorically Exempt from the requirements of the
California Environmental Quality Act (CEQA) per Section 15301 “Existing Facilities” subsection
(c), Class 1.
FISCAL IMPACT:
Anticipated construction costs are estimated to be as follows:
Expenditure Category Amount
Construction Contract $386,270
Construction Contract Contingency (10%)$38,627
Construction Inspection Services $32,760
Construction Materials Testing Services $8,440
Bid Noticing Advertisement $1,708
Estimated Construction Costs $467,805
The capital project is currently budgeted for $395,808 in Assembly Bill (AB) 2766 Air Quality
Improvement (Fund 105) and for $227,192 in TDA Article 3 (Fund 214), for a total budget of
$623,000. Certain preconstruction activities have occurred already, amounting in total to $20,063
including $1,708 for advertisement, resulting in a net appropriation available to spend of
$602,937. Funding for this project is identified under the account numbers and in the amounts
listed below:
Account No.Funding Source Amount
F214-CC303-SC7004-
PID1864
TDA Article 3 Grant Funds
(Fund 214)
$215,262
F105-CC303-SC7004-
PID1864
AB2766 Air Quality Improvement Funds
(Fund 105)
$250,836
Total Project Funding $466,098
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7
COUNCIL MISSION / VISION / VALUE(S) ADDRESSED:
This project meets our City Council core values by promoting and enhancing a safe and healthy
community for all, and by providing continuous improvement through the construction of high-
quality public improvements.
ATTACHMENTS:
Attachment 1 - Vicinity Map
Attachment 2 - Bid Summary
Page 129
ATTACHMENT 1
HAVEN AVENUE SIDEWALK IMPROVEMENT PROJECT
From Merlot Court to Wilson Avenue
NOT TO SCALE
Project Site
Project Site
Page 130
ATTACHMENT 2
BID SUMMARY: BID DATE: January 28, 2025 APPARENT LOW BIDDER 2 3 4
HAVEN AVENUE SIDEWALK IMPROVEMENT PROJECT
FROM MERLOT COURT TO WILSON AVENUE
Roadway Engineering &
Construction Corp.
TVR Construction Engineering
LLCENGINEER'S ESTIMATE Gentry General Engineering, Inc.CT&T Concrete Paving Inc
BASE BID A- BASELINE ROAD PAVEMENT REHABILITATION PROJECT UNIT BID UNIT BID UNIT BID UNIT BID UNIT BID
NO QTY UNIT DESCRIPTION COST AMOUNT COST AMOUNT COST AMOUNT 52129 AMOUNT COST AMOUNT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
1
1
1
1
1
2
1
LS Mobilization
LS Traffic Control
LS Construction Staking
LS Clearing and Grubbing Including Disposal
LS Tree Trimming and Root Pruning
EA Tree Removal (6" to 24" Diameter)
LS Unclassified Excavation & Backfill
SF 4" P.C.C. Sidewalk
SF 6” PCC Driveway Approach
EA PCC Curb Ramp
EA Furnish and Install #5 Pullbox to Finish Grade
LS Relocate Irrigition sytem (Approx. STA. 19+50 to 31+50)
EA Adjust Existing RC Fiber Optic Pull Box to Finish Grade
EA Adjust Existing Traffic Pull Box to Finish Grade
LS Sign and Post Relocation, Including Thermoplastic Striping
EA Furnish and Install New Pedestrian Push Button Pole Standard Plan ES-7A.
EA Furnish and Install Push Button Assembly Per Standard Plan ES-5C
EA Project Advertisement Sign
$ 49,000.00
$ 49,000.00
$ 15,000.00
$ 25,000.00
$49,000.00
$49,000.00
$15,000.00
$25,000.00
$5,000.00
$12,000.00
$40,500.00
$176,960.00
$2,300.00
$144,000.00
$2,000.00
$12,000.00
$3,600.00
$40,000.00
$16,400.00
$2,500.00
$20,000.00
$5,000.00
$1,200.00
$60,000.00
$9.00
$40,000.00
$16,400.00
$2,500.00
$20,000.00
$5,000.00
$2,400.00
$60,000.00
$113,760.00
$1,000.00
$60,000.00
$1,440.00
$10,000.00
$3,450.00
$920.00
$8,700.00
$24,000.00
$28,000.00
$28,000.00
$3,300.00
$2,500.00
$96,000.00
$7.00
$8,700.00 $52,129.00
$24,000.00 $25,256.00
$28,000.00 $28,737.00
$28,000.00 $18,000.00
$52,129.00
$25,256.00
$28,737.00
$18,000.00
$3,542.00
$5,313.00
$89,092.00
$151,680.00
$6,900.00
$108,444.00
$2,420.00
$484.00
$6,171.00
$484.00
$9,075.00
$4,554.00
$42,504.00
$5,600.00
$6,000.00
$35,000.00
$18,000.00
$20,000.00
$20,000.00
$3,500.00
$12,000.00
$15.00
$6,000.00
$35,000.00
$18,000.00
$20,000.00
$20,000.00
$7,000.00
$12,000.00
$189,600.00
$2,000.00
$120,000.00
$1,000.00
$15,000.00
$3,600.00
$1,000.00
$2,000.00
$60,000.00
$80,000.00
$7,000.00
$
$
5,000.00
6,000.00
$3,300.00
$5,000.00
$3,542.00
$2,656.50
$ 40,500.00 $96,000.00 $89,092.00
12,640 $
$
14.00
23.00
$88,480.00
$1,100.00
$103,200.00
$1,500.00
$18,000.00
$3,600.00
$940.00
$12.00
$69.00
$9,037.00
$2,420.00
$484.00
100
12
1
1
3
1
1
2
8
$10.00 $11.00 $20.00
$ 12,000.00
2,000.00
$ 12,000.00
$5,000.00
$1,440.00
$10,000.00
$1,150.00
$920.00
$5,000.00
$2,100.00
$4,800.00
$900.00
$8,600.00
$1,500.00
$18,000.00
$1,200.00
$940.00
$22,000.00
$2,100.00
$4,900.00
$2,250.00
$10,000.00
$1,000.00
$15,000.00
$1,200.00
$1,000.00
$2,000.00
$30,000.00
$10,000.00
$3,500.00
$
$
$
1,200.00
1,200.00
$2,057.00
$484.00$1,200.00
$ 10,000.00 $10,000.00
$10,000.00
$28,000.00
$2,400.00
$5,000.00
$4,200.00
$38,400.00
$1,800.00
$22,000.00
$4,200.00
$39,200.00
$4,500.00
$9,075.00
$2,277.00
$5,313.00
$2,800.00
$
$
$
5,000.00
3,500.00
1,200.002
TOTAL BASE BID A AMOUNT:$587,960.00 $386,270.00 $479,720.00 $560,385.00 $599,200.00 Corrrected
Page 131
DATE:February 19, 2025
TO:Mayor and Members of the City Council
FROM:John R. Gillison, City Manager
INITIATED BY:Michael J. Smith, Rancho Cucamonga Chief of Police
Cinthia Barboza, Sheriff Service Specialist
SUBJECT:Consideration to Accept Grant Revenue from the Edward Byrne
Memorial Justice Assistance Grant Funds (JAG) For Fiscal Grant Year
2024 in the Amount of $38,032 to Purchase PSVN Equipment and to
Authorize the Appropriation of Funds for the Purchase of PSVN
Equipment. (CITY)
RECOMMENDATION:
Staff recommends the City Council accept grant revenue in the amount of $38,032 from the United
States Department of Justice Edward Byrne Memorial Justice Assistance Grant (JAG) for 2024
fiscal year award, and authorize the appropriation of funds for the purchase of PSVN Equipment.
BACKGROUND:
Byrne Justice Assistance (BJA) recently announced the availability of grant funds to State and
local units of government through the Byrne JAG Grant. This program allows State and local
governments to support a broad range of activities to prevent and control crime and to improve
the criminal justice system.
ANALYSIS:
The goal for Fiscal Grant year 2024 is to continue to grow the Public Safety Video Network (PSVN)
system. The PSVN cameras throughout the City of Rancho Cucamonga are a great tool for both
deterring criminal activity and capturing information that assists law enforcement in solving
crimes. These cameras also help protect critical infrastructures within the city.
FISCAL IMPACT:
Staff is requesting the City Council accept the JAG grant funds into account number F361 CC701-
RC51004501 GR-000082 (Grant Income) and authorize the appropriation as follows:
Fund to supplement the cost of the proposed equipment as follows
FY 2024 Grant Funds $38,032.00
F361 CC701-SC7002 Capital Outlay- Equipment
Page 132
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COUNCIL MISSION / VISION / VALUE(S) ADDRESSED:
•Promoting and enhancing a safe and healthy community for all.
•Intentionally embracing and anticipating our future
•Relentless pursuit of improvement.
ATTACHMENTS:
None.
Page 133
DATE:February 19, 2025
TO:Mayor and Members of the City Council
FROM:John R. Gillison, City Manager
INITIATED BY:Jason C. Welday, Director of Engineering Services/City Engineer
Ulises Benavente, Associate Engineer
SUBJECT:Consideration to Approve the Final Map of Tract 20566, an Improvement
Agreement, Improvement Securities for Public Improvements, and a
Resolution Ordering the Annexation to Landscape Maintenance District
No. 9 Related to Case No. SUBTT20566, Located on the Southeast
Corner of Etiwanda Avenue and Highland Avenue. Per a California
Environmental Quality Act (CEQA) Section 15183 Compliance
Memorandum Dated August 2023, the Project was Found to Be Within
the Scope of the Project Covered by an Environmental Impact Report
Certified by City Council on December 15, 2021 (State Clearinghouse
SCH#2021050261) and Does Not Raise or Create New Environmental
Impacts. (RESOLUTION NO. 2025-002) (CITY)
RECOMMENDATION:
Staff recommends the City Council:
1. Approve final map of Tract 20566;
2. Approve the Improvement Agreement for the related public improvements and authorize
the Mayor and the City Clerk to sign said Agreement;
3. Accept security in the form of bonds for completion of the related public improvements;
4. Approve the plans and specifications for the related public improvements on file with the
City Engineer; and
5. Adopt the attached resolution ordering the annexation to Landscape Maintenance District
No. 9.
BACKGROUND:
On October 11, 2023, the Planning Commission approved Case No. SUBTT20566 (Project) for
the subdivision of 9.14 acres of land into 22 lots for the development of 22 single-family residences
located on the southeast corner of Etiwanda Avenue and Highland Avenue.
Case No. SUBTT20566 was approved with a condition that certain public improvements be
constructed including street improvements, curb and gutter, ADA curb ramps, streetlights, street
trees, and storm drain improvements.
ANALYSIS:
The developer, Manning Homes, has submitted a final map for consideration of approval and an
Improvement Agreement and securities to guarantee construction of the off-site public
improvements in the following amounts:
Page 134
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Faithful Performance Bond No. PB00618100157 $836,400
Labor and Material Bond No. PB00618100157 $836,400
Staff has determined that the final map is in substantial conformity with the approved
Tentative Map of Case No. SUBTT20566 and conditions.
Approval of these items by the City Council would approve the final map of Tract 20566, allow its
recordation, approve the Improvement Agreements, accept the securities for the construction of
certain public improvements, and adopt the attached resolution ordering the annexation to
Landscape Maintenance District No. 9. Copies of the Improvement Agreement and annexation
form are on file in the City Clerk’s office.
ENVIRONMENTAL ANALYSIS:
On December 15, 2021, City Council certified Program Environmental Impact Report (EIR) State
Clearinghouse SCH No. 2021050261. According to Section 15168 of the CEQA Guidelines, a
Program EIR may be prepared on a series of action that can be characterized as one large project.
Pursuant to Section 15183(c) of the State CEQA Guidelines, “if an impact is not peculiar to the
parcel or to the project, has been addressed as a significant effect in the prior EIR, or can be
substantially mitigated by the imposition of uniformly applied development policies or
standards…then an additional EIR need not be prepared for the project solely on the basis of that
impact.” The 9.14-acre property is designated by the City’s General Plan (GP) for “Suburban
Neighborhood Very Low” land uses. The proposed project is consistent with the site’s GP land
use designation of “Low Residential” and would be consistent with all other applicable GP policies.
Therefore, no subsequent or supplemental EIR is required for the proposed project.
To demonstrate that no subsequent EIR or environmental review is required, a CEQA
Section 15183 Compliance Memorandum dated August 2023 was submitted. Staff evaluated this
memorandum and concluded that the Project is within the scope of the EIR adopted and certified
as part of the City’s GP on December 15, 2021. The Project will not have one or more significant
effects not discussed in the GP EIR, nor have more severe effects than previously analyzed, and
that additional or different mitigation measures are not required to reduce the impacts of the
Project to a level of less than significant.
FISCAL IMPACT:
The proposed annexation would supply additional annual revenue into the landscape
maintenance district in the following amount:
Landscape Maintenance District No. 9: $6,862.24
The developer will be installing 40 new street trees that will be maintained by the City.
COUNCIL MISSION / VISION / VALUE(S) ADDRESSED:
This item addresses the City Council’s vision to build on our success as a world class community,
to create an equitable, sustainable, and vibrant city, rich in opportunity for all to thrive through the
construction of high-quality public improvements.
ATTACHMENTS:
Attachment 1 - Vicinity Map
Attachment 2 - Resolution Ordering Annexation LMD No. 9
Page 135
ATTACHMENT 1
Case No. SUBTT20566
Vicinity Map
NOT TO SCALE
Page 136
Resolution No. 2025-XXX – Page 1 of 5
ATTACHMENT 2
RESOLUTION NO. 2025-XXX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, CALIFORNIA, ORDERING THE
ANNEXATION OF CERTAIN TERRITORY TO LANDSCAPE
MAINTENANCE DISTRICT NO. 9 (LOWER ETIWANDA) FOR
SUBTT20566
WHEREAS, the City Council of the City of Rancho Cucamonga, California, has previously
formed a special maintenance district pursuant to the terms of the “Landscape and Lighting Act
of 1972”, being Division 15, Part 2 of the Streets and Highways Code of the State of California
(the “Act”, said special maintenance district known and designated as Landscape Maintenance
District No. 9 (Lower Etiwanda) (the “District”); and
WHEREAS, the provisions of Article 2 of Chapter 2 of the Act authorize the annexation of
additional territory to the District; and
WHEREAS, such provisions also provide that the requirement for the preparation of
resolutions, and assessment engineer’s report, notices of public hearing and the right of majority
protest may be waived in writing with the written consent of all of the owners of property within
the territory to be annexed; and
WHEREAS, notwithstanding that such provisions of the Act related to the annexation of
territory to the District, Article XIII D of the Constitution of the State of California (“Article XIII D”)
establishes certain procedural requirements for the authorization to levy assessments which apply
to the levy of annual assessments for the District on the territory proposed to be annexed to such
District; and
WHEREAS, the owners of certain property described in Exhibit A attached hereto, and
incorporated herein by this reference, have requested that such property (collectively, the
“Territory”) be annexed to the District in order to provide for the levy of annual assessments to
finance the maintenance of certain improvements described in Exhibit B hereto (the
“Improvements”); and
WHEREAS, all of the owners of the Territory have filed with the City Clerk duly executed
forms entitled “Consent And Waiver To Annexation Of Certain Real Property To A Maintenance
District And Approval Of The Levy Of Assessments On Such Real Property” (the “Consent and
Waiver”); and
WHEREAS, by such Consent and Waiver, all of the owners of the Territory have expressly
waived any and all of the procedural requirements as prescribed in the Act to the annexation of
the Territory to the District and have expressly consented to the annexation of the Territory to the
District; and
WHEREAS, by such Consent and Waiver, all of the owners of the Territory have also
expressly waived any and all of the procedural requirements as prescribed in the Act and/or Article
XIII D applicable to the authorization to levy the proposed annual assessment against the Territory
set forth in Exhibit B attached hereto and incorporated herein by this reference and have declared
support for, consent to and approval of the authorization to levy such proposed annual
assessment set forth in Exhibit C attached hereto; and
Page 137
Resolution No. 2025-XXX – Page 2 of 5
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8
WHEREAS, by such Consent and Waiver, all of the owners of the Territory have also
expressly agreed for themselves, their heirs, successors and assigns that:
(1) The proportionate special benefit derived by each parcel in the Territory
from the District Improvements has been determined in relationship to the entirety of the
maintenance and operation expenses of the Improvements;
(2) The proposed annual assessment does not exceed the reasonable cost of
the proportional special benefit from the Improvements conferred on each parcel in the Territory.
(3) Only the special benefits derived or to be derived by each parcel in the
Territory from the Improvements have been included in the proposed annual assessment.
WHEREAS, at this time the City Council desires to order the annexation of the Territory
to the District and to authorize the levy of annual assessments against the Territory in amounts
not to exceed the amounts set forth in Exhibit C hereto.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA
HEREBY RESOLVES AS FOLLOWS:
SECTION 1: That the above recitals are true and correct.
SECTION 2: The City Council hereby finds and determines that:
a. The annual assessments proposed to be levied on each parcel in the
Territory do not exceed the reasonable cost of the proportional special
benefit conferred on each such parcel from the Improvements.
b. The proportional special benefit derived by each parcel in the Territory
from the Improvements has been determined in relationship to the
entirety of the cost of the maintenance of the Improvement.
c. Only special benefits will be assessed on the Territory by the levy of
the proposed annual assessments.
SECTION 3: This legislative body hereby orders the annexation the Territory to
the District, approves the financing of the maintenance of the Improvements from the proceeds
of annual assessments to be levied against the Territory and approves and orders the levy of
annual assessments against the Territory in amounts not to exceed the amounts set forth in
Exhibit C.
SECTION 4: All future proceedings of the District, including the levy of all
assessments, shall be applicable of the Territory.
PASSED, APPROVED, AND ADOPTED this _____ day of ______________ 2025.
Page 138
Resolution No. 2025-XXX – Page 3 of 5
5
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8
Exhibit A
Identification of the Owner and Description of the Property to be Annexed
The Owner of the Property is:
HIGHLAND 22, LLC
The legal description of the Property is:
LOT 4 OF BLOCK "H", ACCORDING TO PRELIMINARY MAP OF ETIWANDA COLONY
LANDS, IN THE CITY OF RANCHO CUCAMONGA, COUNTY OF SAN BERNARDINO, STATE
OF CALIFORNIA, AS PER PLAT RECORDED IN BOOK 2, PAGE 24 OF MAPS, IN THE
OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.
EXCEPTING ALL THAT PORTION THEREOF CONDEMNED FOR STATE HIGHWAY
PURPOSES, IN FEE SIMPLE ABSOLUTE BY FINAL ORDER OF CONDEMNATION
RECORDED MARCH 7, 2000 AS INSTRUMENT NO. 20000077134, OFFICIAL RECORDS
Assessor’s Parcels Numbers of the Property:
0227-051-03-0000
Page 139
Resolution No. 2025-XXX – Page 4 of 5
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Exhibit B
Description of the District Improvements
Fiscal Year 2024/25
Landscape Maintenance District No. 9 (Lower Etiwanda):
Landscape Maintenance District No. 9 (Lower Etiwanda) (the “Maintenance District”) represents
landscape sites throughout the Lower Etiwanda Area.
The various sites maintained by the district consist of parkways, median islands and street trees.
Proposed additions to the Improvements for Project SUBTT20566:
40 Street Trees
Page 140
Resolution No. 2025-XXX – Page 5 of 5
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Exhibit C
Proposed Annual Assessment
Fiscal Year 2024/25
Landscape Maintenance District No. 9 (Lower Etiwanda):
The rate per Equivalent Dwelling Unit (EDU) is $311.92 for the fiscal year 2024/25. The following
table summarizes the assessment rate for Landscape Maintenance District No. 9
(Lower Etiwanda) for SUBTT20566:
Land Use Basis
EBU
Factor*
Rate per
EBU*
Single Family Residential Parcel 1.00 $311.92
Multi-Family Residential Unit 1.00 311.92
Non-Residential Acre 2.00 311.92
The proposed annual assessment for the property described in Exhibit A is as follows:
22 Parcels x 1.00 EBU Factor x $311.92 Rate per EBU = $6,862.24 Annual Assessment
*Commencing with fiscal year 2001/02, the amount of the assessment for the District is proposed
to increase each year, based upon the Consumer Price Index for all Urban Consumers (CPI-U),
for the Riverside – San Bernardino – Ontario Consumer Price Index area, as determined by the
United State Department of Labor, Bureau of Labor Statistics, or its successor. The Engineer
shall compute the percentage difference between the CPI for March of each year and the CPI for
the previous March, and shall then adjust the assessment by an amount not to exceed such
percentage for the following year.
Page 141
DATE:February 19, 2025
TO:Mayor and Members of the City Council
FROM:John R. Gillison, City Manager
INITIATED BY:Jason C. Welday, Director of Engineering Services/City Engineer
Marlena Perez, Principal Engineer
Romeo M. David, Associate Engineer
SUBJECT:Consideration of a Resolution Dedicating a Portion of City-Owned
Property Located North of Foothill Boulevard approximately 725 Feet
East of Grove Avenue for Public Use and Consideration to Accept All
Street Improvements as Complete, File the Notice of Completion and
Authorize Release of Retention and Bonds for the West Foothill
Boulevard Street Improvements Project. This Project is Exempt from the
requirements of the California Environmental Quality Act (CEQA) per
Government Code Section 15301 – Existing Facilities. (RESOLUTION
NO. 2025-003) (CITY)
RECOMMENDATION:
Staff recommends that the City Council:
1. Approve the attached Resolution dedicating a portion of the City-Owned property located
north of Foothill Boulevard approximately 725 feet east of Grove Avenue (Assessor Parcel
No.’s 207-112-05, -23 and -24) for public use as described in the Resolution;
2. Authorize the City Engineer or his designee to execute any documents necessary to effect
recording of the Resolution;
3. Accept the West Foothill Boulevard Street Improvements Project, Contract No. 2023-175
(Project), as complete;
4. Approve the final contract amount of $6,971,565;
5. Authorize the release of the Faithful Performance Bond 35 days after recordation of
Notice of Completion and accept a Maintenance Guarantee Bond;
6. Authorize the release of the Labor and Materials Bond in the amount of $6,711,090, six (6)
months after the recordation of said notice if no claims have been received;
7. Authorize the City Engineer to file a Notice of Completion and release the Project retention,
35 days after recordation of Notice of Completion; and
8. Authorize the City Engineer to approve the release of the Maintenance Bond one (1) year
following the filing of the Notice of Completion if the improvements remain free from
defects in material and workmanship.
Page 142
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BACKGROUND:
On January 17, 2024, the City Council awarded a construction contract to Gentry Brother’s, Inc.,
in the amount of $6,711,090 plus 5% contingency in the amount of $335,555 to address
unforeseen construction related incidentals. The Project included the full reconstruction of
the street’s pavement section along with construction of curb and gutter, storm drain
infrastructure, irrigation and landscaping, traffic signal modifications, and extension of the City’s
fiber optic backbone and Advanced Traffic Management System improvements (ATMS) along
Foothill Boulevard from Grove Avenue to San Bernardino Road, completing ATMS improvements
along Foothill Boulevard across the City. Also included for completion was reconstruction of two
(2) vehicle lanes in each direction with a painted median (strategic raised median locations have
been included to enhance safety at those locations), construction of a protected two-way cycle
track along the south side of the street, sidewalks, streetlights, and other related improvements
and amenities. The Project also constructed the realignment of the intersection of Foothill
Boulevard and Red Hill Country Club Drive to approximately 400 feet to the east the original
location and the construction of a traffic signal to provide for a safer and more efficient intersection
operations. A Vicinity Map illustrating the Project location is included as Attachment 1. A copy of
the January 17, 2024, City Council staff report is on file with the City Clerk.
Red Hill Country Club Drive was realigned approximately 400 feet to the east and a new traffic
signal was installed at this location to improve the safety of the intersection with
Foothill Boulevard. The new alignment of Red Hill Country Club Drive uses portions of three City-
owned parcels that are north of Foothill Boulevard approximately 725 feet east of Grove Avenue.
Staff has prepared a resolution dedicating the aforementioned lots for Public Use (Attachment 2)
which includes a legal descriptions and plats for the Road Dedication.
Upon approval of the resolution and project acceptance, the City Engineer will process approvals
of all documents for recordation by the City Clerk.
Environmental Review:
The construction completed under the above-reference contract was determined to be exempt
from the California Environmental Quality Act (CEQA) pursuant to Government Code Section
15301(c) “Existing Facilities” subsection (c), Class 1 and a Notice of Exemption was filed with the
Clerk of the County Board of Supervisors on October 3, 2023. Further, the proposed roadway
dedication considered under this item has been reviewed by staff and found to qualify as a Class
5 Exemption (Minor Alterations in Land Use) from the California Environmental Quality Act
(CEQA) pursuant to California Code of Regulations Section 15305(a). Finally, the dedication of
right-of-way does not constitute a project under CEQA as the act of dedication does not commit
the City to activities that would have the potential to cause a significant effect on the environment.
No development will occur as a result of this action. Therefore, pursuant to California Code of
Regulations Section 15061(b)(3), the proposed dedication is exempt from CEQA.
ANALYSIS:
The subject project has been completed in accordance with the approved plans and specifications
and to the satisfaction of the City Engineer. The net increase in the total cost of the Project is
covered by allotted contingency and is a result of 22 Change Orders, including the final balancing
statement, which are summarized below:
Change Order No.1: Change to the traffic signal pole mast arm to accommodate the new road
alignment, plans called out a shorter mast arm. The change in the contract cost due to this change
order is an increase of $9,326.
Page 143
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Change Order No.2: The original design service materials included in the Project documents had
a long lead time due to demand of the materials, staff requested an alternative service pedestal
was provided that was available immediately. This change order covers the price difference
between the immediately available alternate service pedestal and the original design service
pedestal. The change in the contract cost due to this change order is an increase of $11,333.
Change Order No.3: During the Project bidding, final Southern California Edison (SCE) plans
were not available to determine the accurate conduit length. Additional SCE conduit was required
from the transformer to the proposed pedestal for the traffic signal, the irrigation meter and the
non-meter pedestal for the streetlights. The change in the contract cost due to this change order
is an increase of $22,785.
Change Order No.4: Additional bike detection loops, pedestrian push button conductors,
pedestrian posts and push buttons, loops stub outs, a bike detector controller card and tech
support were required. The change in the contract cost due to this change order is an increase of
$26,500.
Change Order No.5: During the construction of the catch basin, the contractor encountered a gas
mainline that conflicted with the design of the proposed catch basin so the design was modified
to avoid the gas mainline. The change in the contract cost due to this change order is an increase
of $5,000.
Change Order No.6: During the installation of the irrigation point of connection for the proposed
landscaping irrigation, the existing Cucamonga Valley Water District (CVWD) water main did not
have sufficient pressure for the proposed irrigation. The contractor was directed by City Staff to
relocate the point of connection to the new 8-inch water main at the frontage of the Lennar
development on Foothill Boulevard. The work included installation and extension of new pipe to
reach the new location. The change in the contract cost due to this change order is an increase
of $14,000.
Change Order No.7: Staff requested to regrade the existing median island along Foothill
Boulevard between San Bernardino Road and Baker Avenue. Work performed included removal
of weeds and debris, and installation of new decomposed granite and boulders. The change in
the contract cost due to this change order is an increase of $56,000.
Change Order No.8: SCE needed to pull additional conductors and install new meters for the
traffic signal, irrigation meter and non-meter for streetlights. The change in the contract cost due
to this change order is an increase of $12,556.
Change Order No.9: Replacement of the originally ordered streetlight luminaires to the correct
City standard luminaire for 19 streetlights. The originally ordered streetlight luminaires were
furnished to the Public Works Department for maintenance use. The cost included ordering new
luminaires and replacing the ones that were previously installed. The change in the contract cost
due to this change order is an increase of $18,001.
Change Order No.10: Installation of an additional Type 1A traffic signal pole at the new Red Hill
Country Club Drive intersection. The change in the contract cost due to this change order is an
increase of $10,597.
Change Order No.11: During construction, the contractor encountered an existing 8-inch water
Page 144
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mainline running north/south across Foothill Boulevard. Due to the reprofiling of the of the
roadway surface as part of the street reconstruction, this water mainline did not have the minimum
ground cover required. City Staff directed the contractor to install a new 8-inch water mainline to
accommodate the new road surface elevation and meet the minimum coverage requirements.
The change in the contract cost due to this change order is an increase of $40,000.
Change Order No.12: Staff directed the contractor to provide temporary asphalt driveway access
to seven businesses during the removal of the existing road to keep the businesses open during
construction. The change in the contract cost due to this change order is an increase of $15,000.
Change Order No.13: During installation of the proposed storm drain, the contractor encountered
the old concrete roadway below the existing asphalt which was an unforeseen condition. Staff
directed the contractor to break out and remove a portion of the old road to construct the storm
drain. The change in the contract cost due to this change order is an increase of $9,800.
Change Order No.14: Due to reprofiling of the roadway surface, Staff directed the contractor to
extend the limits of the grind and overlay at the intersection of Grove Avenue and
Foothill Boulevard to have a smoother transition to the western City limit. The change in the
contract cost due to this change order is an increase of $28,000.
Change Order No.15: Installation of an additional left turn traffic signal head was required at the
southwest corner of Grove Avenue and Foothill Boulevard. The change in the contract cost due
to this change order is an increase of $5,276.
Change Order No.16: Install of additional truncated domes at the Americans with Disabilities Act
(ADA) ramps was required to comply with the ADA regulations. The change in the contract cost
due to this change order is an increase of $2,800.
Change Order No.17: Staff requested to extend additional striping, chevrons and K-71 delineators
to ensure a physical protection for cyclists was provided all the way to Baker Avenue. The change
in the contract cost due to this change order is an increase of $5,019.
Change Order No.18: Additional signal heads were required at Red Hill Country Club and
San Bernardino Road to install the Flashing Yellow Arrows. The change in the contract cost due
to this change order is an increase of $8,819.
Change Order No.19: Staff directed the contractor to install additional pedestrian poles and push
buttons at the Sycamore Inn driveway entrance for enhanced pedestrian safety. The change in
the contract cost due to this change order is an increase of $9,018.
Change Order No.20: A new traffic signal controller was required to incorporate the
Flashing Yellow Arrow proposed at the San Bernardino Road intersection. The change in the
contract cost due to this change order is an increase of $17,737.
Change Order No.21: Sandblasted previously installed thermoplastic striping and re-striped the
parallel parking stalls on Foothill Boulevard westbound. The change in the contract cost due to
this change order is an increase of $4,500.
Change Order No.22: The balancing statement for the Project. The balancing statement conforms
the final contract quantities to the actual quantities placed or constructed during the contract.
The notable change is a decrease in the amount of ($71,587) resulting from a decrease in the
Page 145
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savings to use alternate materials for the storm drain and a re-engineered structural roadway
section to save aggregate base course cost.
At the end of the one-year maintenance period, if the improvements remain free from defects in
materials and workmanship, the City Clerk will release the Maintenance Bond upon approval by
the City Engineer.
Dedication to Public Use of Red Hill Country Club Drive and Foothill Boulevard
The improvements constructed under the above-referenced construction contract occurred
primarily within the existing dedicated right-of-way for Foothill Boulevard. However, the
realignment of Red Hill Country Club Drive and widening along Foothill Boulevard at the newly
constructed intersection of Red Hill Country Club Drive required the use of portions of three City-
owned parcels. These parcels were obtained several years ago in anticipation of the realignment.
With the completion of the realignment, staff is recommending that the City Council formally
dedicate those portions of the three City-owned parcels to public use, namely public street, public
utility, drainage, and related purposes. To this end, the attached draft Resolution has been
prepared for the City Council’s consideration. The extent of the dedication includes 687 square
feet to be dedicated as Foothill Boulevard east of the newly constructed intersection and 11,502
square feet to be dedicated as Red Hill Country Club Drive. It should be noted that while this
dedication will create a branch in the alignment of Red Hill Country Club Drive as the existing
portion west of the realignment will remain public street, no addresses are anticipated to be
assigned on the realigned (easterly alignment) portion due to the short distance between Foothill
Boulevard and the junction of the branches approximately 265 feet to the north. Staff is currently
evaluating options for disposition of the remaining City-owned land within the three City-owned
parcels and will provide a recommendation to the City Council under a separate item in the future.
FISCAL IMPACT:
The Street Dedication Resolution creates no fiscal impact on the City as it results solely in the
reconfiguration of existing lots owned by the City and dedicates a portion of those lots for public
use.
With respect to the construction contract, a total of $4,645,115 was budgeted in the adopted Fiscal
Year 2023/24 Budget for this project consisting of funds from the Infrastructure Fund (Fund 198)
with an additional $2.4 Million from the Local Partnership Program (LPP) State Grants Fund (Fund
274), and $226,760 from the Transportation Fund (Fund 124). The total funds for this project were
identified under Capital Improvement and State Grants Account No.'s in the amounts listed below:
Account No.Funding Source Description Amount
F198 CC303 7000
SC7004; PID1964-198
Infrastructure Fund
(198) / Capital
Projects
West Foothill
Project
$4,645,115
F274 CC303 7000
SC7004; PID1964-274
State Grants Fund
(274) / Capital
Projects
West Foothill
Project
$2,400,000
F124 CC303 7000
SC7004; PID1964-124
Transportation Fund
(124) / Capital
Projects
West Foothill
Project
$226,760
Total Project
Funding
$7,271,875
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The final project cost is $7,218,935 as shown below:
Expenditure Amount
Final Construction Contract $6,971,565
Construction Inspection Services $156,360
Construction Materials Testing $61,010
Construction Support $30,000
Total Project Cost $7,218,935
A total of $52,940, remains in the budget for this project and will be returned to the Infrastructure
Fund (Fund 198) fund balance to be used for future capital improvement projects.
COUNCIL MISSION / VISION / VALUE(S) ADDRESSED:
This project meets our City Council core values by promoting and enhancing a safe and healthy
community for all, and by providing continuous improvement through the construction of high-
quality public improvements.
ATTACHMENTS:
Attachment 1 - Vicinity Map
Attachment 2 - Roadway Dedication Resolution
Page 147
ATTACHMENT 1
PROJECT# 800-2023-13
" WEST FOOTHILL BOULEVARD STREET IMPROVEMENTS”
From Grove Avenue to San Bernardino Road
NOT TO SCALE
Project Site
Project Site
Page 148
RESOLUTION NO. 2025-XX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, CALIFORNIA, DEDICATING FOR
PUBLIC USE THAT PORTION OF RED HILL COUNTRY CLUB
DRIVE FROM FOOTHILL BOULEVARD TO APPROXIMATELY
265 FEET NORTHERLY AND A PORTION OF FOOTHILL
BOULEVARD FROM THE SOUTHEASTERLY LINE OF LOT 7 OF
TRACT 2521 TO APPROXIMATELY 61 FEET EASTERLY IN THE
CITY OF RANCHO CUCAMONGA AS A PUBLIC STREET
THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA DOES HEREBY
RESOLVE AS FOLLOWS:
Section 1. Findings. The City Council finds, determines and declares that:
A. The City of Rancho Cucamonga (“City) is the owner in fee simple of a certain
parcel of real property located in the City north of Foothill Boulevard approximately 725 feet east
of Grove Avenue and described as Lots, 6, 7, and 10 of Tract 2521 in the City of Rancho
Cucamonga, County of San Bernardino, State of California as filed in Book 36, pages 37 and 38
Records of San Bernardino, California and as shown on the Record of Survey on file in Book
71, page 74, Records of San Bernardino, California (APNs 207-112-05, -23, and -24) and
B. The City now desires to dedicate for public use, namely public street, public
utilities, drainage and related purposes, that certain portion of the land described in Section 1(A)
described more particularly below.
Section 2. Dedication of Portions of Lots 7 and 10 of said Tract 2521 (APNs 207-112-
23 , and -24) for Public Street Purposes (Red Hill Country Club Drive). The City Council hereby
dedicates for public use, namely for public street, public utility, drainage and related purposes,
that strip of land 50.00 feet in width from Foothill Boulevard to approximately 265 feet northerly
described as that certain street dedication described and depicted more particularly on EXHIBIT
“A” and shown on EXHIBIT “B” for Lots 7 and 10 attached hereto as Exhibit 1 (Red Hill Country
Club Drive) and incorporated herein by this reference. Said public street is to be named Red Hill
Country Club Drive.
Section 3. Dedication of a Portion of Lot 6 of said Tract 2521 (APN 207-11-05) for Public
Street Purposes (Foothill Boulevard). The City Council hereby dedicates for public use, namely
for public street, public utility, drainage, and related purposes, that variable width strip of land
north of Foothill Boulevard from approximately 775 feet east of Grove Avenue to approximately
61 feet easterly described as that certain street dedication described and depicted more
particularly on EXHIBIT "A" and as shown on EXHIBIT “B” of Lot 6 of said Tract 2521 attached
hereto as Exhibit 2 (Foothill Boulevard) and incorporated herein by this reference. Said public
street is to be named Foothill Boulevard.
Section 4. Recording of Resolution. The City Clerk shall cause a certified copy of this
Resolution and its exhibits to be recorded in the Official Records of the County of San Bernardino.
Section 5. The City Clerk shall certify to the adoption of this Resolution.
Resolution No. 2025-xxxx – Page 1 of 10
Page 149
PASSED, APPROVED, and ADOPTED this 19th day of February 2025.
______________________________________
L. Dennis Michael, Mayor
ATTEST:
_________________________________
Kim Sevy, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN BERNARDINO ) ss
CITY OF RANCHO CUCAMONGA )
I, Kim Sevy, City Clerk of the City of Rancho Cucamonga, do hereby certify that the
foregoing Resolution was duly passed, approved, and adopted by the City Council of the City
of Rancho Cucamonga, at a Regular Meeting of said Council held on the 19th day of February,
2025.
AYES: Hutchison, Kennedy, Michael, Scott, Stickler
NOES: None
ABSENT: None
ABSTAINED: None
Executed this 19th day of February, 2025, at Rancho Cucamonga, California.
______________________________________
Kim Sevy, City Clerk
Resolution No. 2025-xxxx – Page 2 of 10
Page 150
Exhibit 1 – Red Hill Country Club Drive
Resolution No. 2025-xxxx – Page 3 of 10
Page 151
EXHIBIT “A”
LEGAL DESCRIPTION
THAT PORTION OF THE NORTHWEST QUARTER OF SECTION 9 TOWNSHIP 1 SOUTH,
RANGE 7 WEST, OF THE SAN BERNARDINO MERIDIAN, CITY OF RANCHO
CUCAMONGA, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, MORE
PARTICULARLY DESCRIBED AS FOLLOWS:
DEDICATION:
LOT 7 AND LOT 10 OF TRACT NO. 2521, ON FILE IN BOOK 36, PAGES 37 THROUGH
38, INCLUSIVE, RECORDS OF SAN BERNARDINO COUNTY, CALIFORNIA,
TOGETHER WITH THOSE PORTIONS OF THE ALLEY ADJACENT TO SAID LOTS,
WHICH WAS VACATED BY THE CITY RESOLUTION NO. 83-130, RECORDED
SEPTEMBER 27, 1983, AS INSTRUMENT NO. 83-225182;
EXCEPTING THEREFROM THAT PORTION CONVEYED BY CITY OF RANCHO
CUCAMONGA TO REZA AFZALI BY GRANT DEED, RECORDED ON DECEMBER 28,
2021, AS INSTRUMENT NO. 2021-0577806;
ALSO EXCEPTING THEREFROM ANY PORTION LYING EASTERLY OF THE LINE
DESCRIBED AS FOLLOWS:
BEGINNING AT THE INTERSECTION OF THE OF THE NORTHEASTERLY
PROLONGATION OF THE SOUTHEASTERLY LINE OF SAID LOT 7 AND THE
CENTERLINE OF SAID VACATED ALLEY, 20 FEET WIDE, LYING 10 FEET ON EACH
SIDE, AS SHOWN ON SAID TRACT NO. 2521 AND AS SHOWN ON THE RECORD OF
SURVEY ON FILE IN BOOK 71, PAGE 74, RECORDS OF SAN BERNARDINO,
CALIFORNIA, ALSO BEING THE BEGINNING OF A NON-TANGET CURVE TO THE
LEFT HAVING A RADIUS OF 100.00 FEET AND FROM WHICH A RADIAL LINE BEARS
SOUTH 56° 34’ 07” EAST;
THENCE ALONG SAID NON-TANGENT CURVE TO THE LEFT 46.69 FEET THROUGH A
CENTRAL ANGLE OF 26° 45’ 01” TO THE BEGINNING OF A REVERSE CURVE TO THE
RIGHT HAVING A RADIUS OF 45.00 FEET AND FROM WHICH A RADIAL LINE BEARS
NORTH 83° 19’ 48” WEST;
THENCE 40.78 FEET ALONG SAID REVERSE CURVE TO THE RIGHT THROUGH A
CENTRAL ANGLE OF 51° 55’ 28” TO A POINT ON THE SOUTHERLY RIGHT-OF-WAY
LINE OF RED HILL COUNTRY CLUB DRIVE, BEING 40 FEET WIDE AS SHOWN ON
SAID TRACT NO. 2521, AND BEING THE POINT OF TERMINUS.
Resolution No. 2025-xxxx – Page 4 of 10
Page 152
EXHIBIT “A”
LEGAL DESCRIPTION
CONTAINING 11,502 SQUARE FEET, OR 0.264 ACRES, MORE OR LESS.
ALL AS SHOWN ON EXHIBIT “B” ATTACHED HERETO AND MADE A PART HEREOF.
PREPARED BY ME OR UNDER MY DIRECTION
____________________________________ 01/27/2025
SCOTT T. BENNETT DATE
Resolution No. 2025-xxxx – Page 5 of 10
Page 153
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EXHIBIT "B"
Land Surveyors Civil Engineers GIS
8885 Haven Avenue, Suite 100
Rancho Cucamonga, CA 91730
Phone: (909) 989-9789 Fax: (909) 989-9660
STATE:COUNTY:CITY:
FILE NAME:SHEET:OF
JOB REF. NO.:
DATE:
SURVEYED BY:SURVEY DATE:DRAWN BY:
CHECKED BY:APPROVED BY:
ROAD DEDICATION
PORTIONS OF LOTS 7 & 10 PER MB 36/37-38
RANCHO CUCAMONGA SAN BERNARDINO CA
N/A N/A M. BONILLA
M. GRUGINSKI S. BENNETT 2024-621
1 2 01/27/2025 2024-621_V-EXH 01_Lot 7 and 10 Road Dedic
LC
P.O.B.
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COUNTRYCLUBDRIVE
SCALE: 1"=40'
40'20'0'20'40'
P.O.T.
REDHILL
Resolution No. 2025-xxxx – Page 6 of 10
Page 154
LEGEND:
MAP REFERENCE:
P.O.B.
ABBREVIATIONS:
ROAD DEDICATION AREA:
CURVE TABLE
CURVE #LENGTH RADIUS DELTA
Land Surveyors Civil Engineers GIS
8885 Haven Avenue, Suite 100
Rancho Cucamonga, CA 91730
Phone: (909) 989-9789 Fax: (909) 989-9660
STATE:COUNTY:CITY:
FILE NAME:SHEET:OF
JOB REF. NO.:
DATE:
SURVEYED BY:SURVEY DATE:DRAWN BY:
CHECKED BY:APPROVED BY:
ROAD DEDICATION
PORTIONS OF LOTS 7 & 10 PER MB 36/37-38
RANCHO CUCAMONGA SAN BERNARDINO CA
N/A N/A M. BONILLA
M. GRUGINSKI S. BENNETT 2024-621
2 2 01/27/2025 2024-621_V-EXH 01_Lot 7 and 10 Road Dedic
EXHIBIT "B"
P.O.T.
Resolution No. 2025-xxxx – Page 7 of 10
Page 155
Exhibit 2 – Foothill Boulevard
Resolution No. 2025-xxxx – Page 8 of 10
Page 156
EXHIBIT “A”
LEGAL DESCRIPTION
THAT PORTION OF THE NORTHWEST QUARTER OF SECTION 9 TOWNSHIP 1 SOUTH,
RANGE 7 WEST, OF THE SAN BERNARDINO MERIDIAN, CITY OF RANCHO
CUCAMONGA, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, MORE
PARTICULARLY DESCRIBED AS FOLLOWS:
DEDICATION:
LOT 6 OF TRACT NO. 2521, ON FILE IN BOOK 36, PAGES 37 THROUGH 38,
INCLUSIVE, RECORDS OF SAN BERNARDINO COUNTY, CALIFORNIA AND AS
SHOWN ON THE RECORD OF SURVEY ON FILE IN BOOK 71, PAGE 74, RECORDS OF
SAN BERNARDINO, CALIFORNIA;
EXCEPTING THEREFROM ANY PORTION LYING NORTHEASTERLY OF THE LINE
DESCRIBED AS FOLLOWS:
COMMENCING AT THE MOST SOUTHERLY CORNER OF SAID LOT 6;
THENCE NORTH 30° 27’ 20” EAST 10.00 FEET ALONG THE SOUTHEAST BOUNDARY
LINE OF SAID LOT 6 TO THE POINT OF BEGINNING OF SAID LINE;
THENCE NORTH 59° 04’ 42” WEST 36.50 FEET;
THENCE NORTH 42° 41’ 15” WEST 24.60 FEET TO THE NORTHWESTERLY BOUNDARY
LINE OF SAID LOT 6 AND THE POINT OF TERMINUS.
CONTAINING 687 SQUARE FEET, OR 0.016 ACRES, MORE OR LESS.
ALL AS SHOWN ON EXHIBIT “B” ATTACHED HERETO AND MADE A PART HEREOF.
PREPARED BY ME OR UNDER MY DIRECTION
01/27/2025
SCOTT T. BENNETT DATE
Resolution No. 2025-xxxx – Page 9 of 10
Page 157
SCALE: 1"=30'
30'15'0'15'30'
50
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P.O.B.
P.O.C.
S'LY CORNER LOT 6
LEGEND:
MAP REFERENCE:
ROAD DEDICATION AREA:
Land Surveyors Civil Engineers GIS
8885 Haven Avenue, Suite 100
Rancho Cucamonga, CA 91730
Phone: (909) 989-9789 Fax: (909) 989-9660
STATE:COUNTY:CITY:
FILE NAME:SHEET:OF
JOB REF. NO.:
DATE:
SURVEYED BY:SURVEY DATE:DRAWN BY:
CHECKED BY:APPROVED BY:
ROAD DEDICATION
PORTION OF LOT 6 PER MB 36/37-38
RANCHO CUCAMONGA SAN BERNARDINO CA
N/A N/A M. BONILLA
M. GRUGINSKI S. BENNETT 2024-621
1 1 01/27/2025 2024-621_V-EXH 03_Lot 6 Road Dedication.d
EXHIBIT "B"
P.O.T.
P.O.B.
ABBREVIATIONS:
P.O.C.
P.O.T.
Resolution No. 2025-xxxx – Page 10 of 10
Page 158
DATE:February 19, 2025
TO:Mayor and Members of the City Council
FROM:John R. Gillison, City Manager
INITIATED BY:Matt Burris, AICP, Deputy City Manager/ Community Development
Matt Marquez, Director of Economic Development
Zack Neighbors, Director of Building & Safety Services
SUBJECT:Quarterly Development Update - Fourth Quarter 2024. (CITY)
RECOMMENDATION:
Staff recommends that the City Council receive a presentation from staff on development-related
activities for the fourth quarter of 2024 (October through December).
BACKGROUND:
In 2023 staff began providing Quarterly Development Updates (QDU) to the City Council. The
purpose of these reports is to update Council and the community on development related activities
on a regular basis. While annual reports, such as those for General Plan, include some
information on development activities (such as the number of permits issued and housing units
constructed for example), quarterly updates are an effective way to provide information on
development activity over a shorter period. They also allow staff to include different information,
such as economic development related activities or customer service data, that is not provided in
other annual reports.
ANALYSIS:
The QDU to be presented to the City Council will include summaries of Building & Safety,
Planning, and Economic Development related activities. This includes, but will not be limited to,
information on key development projects, reporting on building permit and plan check activity, and
reporting on activity at the public counter. Staff's formal presentation to the City Council will
provide additional details on development-related activities, and staff will continue to report this
information to Council quarterly.
FISCAL IMPACT:
None.
COUNCIL MISSION / VISION / VALUE(S) ADDRESSED:
This item addresses the Council’s following core values:
1. Providing and nurturing a high quality of life for all
2. Relentless pursuit of improvement
3. Building and preserving a family-oriented atmosphere
4.
ATTACHMENTS:
None.
Page 159
February 19, 2025
CITY OF RANCHO CUCAMONGA
2024 – Q4
QUARTERLY DEVELOPMENT UPDATE
CITY OF RANCHO CUCAMONGA
PLANNING
Activity Summary – Q4
•46 new applications submitted
•295 counter visits
•473 phone calls
•3 Planning Commission Meetings
PLANNING
Highlights – 2024 PLANNING
CITY OF RANCHO CUCAMONGA
ECONOMIC DEVELOPMENT
Activity Summary – Q4 ECONOMIC DEVELOPMENT
Conferences
Attended
4
Meetings/Events
Attended
(Resource Partners)
15
Social Media Impressions
1,078,730
Grand Openings
8
SBDC Meetings
67
Home Rehab
Projects in
Construction
3
Highlights – 2024 ECONOMIC DEVELOPMENT
Business Support Services
•37 Grand Opening / Ribbon Cutting Ceremonies Attended
•2 Commercial Brokers Roundtables
•Emprendedor@s Program – Cohort #1
o 30 participants
Resource Partner Meetings Held
o Bi-monthly meetings with the San Bernardino County Economic
Development Department
o San Bernardino County Economic Development Partners Roundtable
o I-15 Economic Development Collaborative
o San Bernardino County Workforce Development Department
o GO-Biz (Governor’s Office of Business and Economic Development)
o Chaffey College – continued collaboration
o Monthly meetings with Team California
Business Appreciation Month (May 2024)
o 27 Business Spotlighted on Social Media
o 101 Business Appreciation Month Related Posts = 65,442 social media
impressions
o 244 tickets given to RC businesses for Business Appreciation Night
o 150 Attendees at the Business Appreciation Mixer
Hiring Fair (September 2024)
o 20 Businesses/Employers Participated
o 250 Job Seekers
Small Business Development Center
o 245 workshops/meetings
Home Rehabilitation Program
•21 Projects Under Construction
•20 Projects Completed `
CITY OF RANCHO CUCAMONGA
BUILDING & SAFETY
Activity Summary – Q4 BUILDING& SAFETY
Activity Summary – 2024 BUILDING& SAFETY
BUILDING ACTIVITY
New Construction
Sanctity Hotel
12255 Base Line
BUILDING ACTIVITY
New Construction
Alta Merida
12915 Foothill Blvd
BUILDING ACTIVITY
Residential
Haven and Arrow
248 Units
Sycamore Heights
100 Units
Chanel
12453 South Main St
BUILDING ACTIVITY
Occupancy
Gorjana
12438 South Main St
H&R Block
7211 Haven
CITY OF RANCHO CUCAMONGA
THE END
DATE:February 19, 2025
TO:Mayor and Members of the City Council
FROM:John R. Gillison, City Manager
INITIATED BY:John Gillison
SUBJECT:Review and Approval of the Third Amendment of Ground Lease between
the City of Rancho Cucamonga (lessor) and the J. Filippi Vintage Co.
(lessee). (CITY)
RECOMMENDATION:
Staff recommends the City Council review, discuss and approve the Third Amendment of Ground
Lease between the City of Rancho Cucamonga (lessor) and the J. Filippi Vintage Co. (lessee).
BACKGROUND:
The Regina Winery is located at 12467 Base Line Road, just west of Day Creek Boulevard. This
site is within close proximity to the I-210 Freeway to the north, and the I-15 Freeway to the east,
and the Victoria Gardens outdoor regional shopping destination to the south. The roughly 14.2
acre Regina Winery property includes several buildings and the surrounding undeveloped
parcels.
The historic name of this property was the Ellena Brothers Winery/Regina Grape Product Co. The
winery is one of five wineries surviving out of some 60 such operations which once dominated the
physical, economic, and cultural livelihood of the Cucamonga Valley. Winery co-founder John
B. Ellena focused his efforts after 1949 on producing wine vinegar almost exclusively and the
Regina Grape Products Co. (as it was known by 1959) was the nation’s leading producer of wine
vinegar. In 1968, the state’s first restaurant on a winery site was opened here. It was later sold
to Heublein and later to Del Monte and its successors. The winery continued to produce wine
vinegar and other products until 1992.
The property was purchased in 1993 by the City’s Redevelopment Agency. Soon after, the winery
was leased to the Filippi family and began operations as the Joseph Filippi Winery and
Vineyards. Since that time, the Filippi family worked to revitalize the old vineyards, plant new
vines, and operate the winery at the location pursuant to the lease. The Filippi family has grown
grapes and made wine in the Cucamonga Valley since 1922. In 1995, the federal government
established the Cucamonga Valley as an approved viticulture area. The new law enabled wineries
to use of the words “Cucamonga Valley” on their wine labels for wines that use at least 85%
Cucamonga grapes. While the winery function existed prior to 1949, its primary significance dates
to the period 1949 – 1971, when the facility produced a national brand of wine vinegar under the
Regina label and the winery itself became a popular destination point for tourists. The 1949-1971
period of significance does not meet the National Register’s 50-year requirement and the property
does not meet the criteria of exceptional importance.
Page 160
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In 2020, staff was approached by Joseph Filippi regarding his interest in selling the Joseph Filippi
Winery business. Mr. Filippi brought a potential buyer and conceptual development proposal to
the City for consideration. While agreement was not reached regarding that proposal, the parties
did agree to move forward with an RFP process to seek a potential development partner. For
many years the site had been under-utilized and contributed little more than historical memories
towards the community’s future. Importantly, with approximately 80 years remaining on the
existing lease between the City and the J. Filippi Vintage Company, any future adaptive reuse
and development ultimately requires the consent and agreement of both the City as property
owner and Joseph Filippi on behalf of the Filippi Winery. In early 2021, the City released an RFP
to identify a preferred development partner who would work with the City to see the City’s winery
property reused as a resort-inspired, winery-centric destination, with a mix of hospitality, dining
and drinking, open space, and hospitality-integrated residential uses, serving both the Rancho
Cucamonga community and the entire region.
Pursuant to that RFP a subsequent workshop was held to have each of the three proposers
present their concepts to the City Council for consideration, along with a review of the community
engagement initiative and an opportunity for public comment. The City Council then discussed
the proposals and provided feedback including any concerns, questions or additional information
from the proposers. A fiscal feasibility and impact analysis was subsequently considered by the
City Council. The preliminary feedback from the community was supportive of the Cucamonga
Valley Winery Resort (CVWR) proposal which included a video showcasing 3D images of the
proposed development of the Regina Winery site. CVWR stated that their proposed Winery
Resort would be a landmark destination including: wine tasting tours, wine production on-site
accessible to guests, award winning non-chain restaurant and bar, retail spaces, sufficient
parking, outdoor patios and membership tasting areas, weddings and private events, full service
onsite catering, hidden prohibition bar, corporate & cultural events and conference spaces, 20-
room contemporary luxury resort and club house accommodations, a central bell/viewing tower
anchoring the center of the vineyard and areas for Farmers and Artisan Craft Markets.
Transfer of the lease for the City requires City Council approval. Subsequent discussions
between CVWR and the City ultimately were inconclusive as CVWR was seeking millions of
dollars in financial guarantees from the City which the City did not have resources to
provide. When those discussions ended, Joseph Filippi ultimately abandoned the sale of the
business to CVWR.
ANALYSIS:
In 2024, National Community Renaissance approached Joseph Filippi, seeking to purchase the
winery. Traditionally, National Core has been known primarily as a housing developer. Recently,
however, National Core has expanded their portfolio to include nonresidential property. Core was
an original proposer in 2021 on the Winery RFP and at the time proposed a mixed-use project for
the site that included artist lofts, affordable apartments, retail, office space for National Core, Core
Academy a multi-disciplinary trade school and a central retail hall with a micro-winery, wine
tasting, restaurant and outdoor patio. National Core had partnered with Arteco Partners, a well-
known and respected historical preservation entity, and was also proposing to identify, document,
preserve, and re-purpose the vintage and historic materials and items from throughout the project
site to help maintain the history of the site. The proposal was ranked second to the CVWR
proposal.
Core’s vision has continued to evolve since 2021 as they have expanded into nonresidential
properties. Their present proposal is to preserve the winery’s rich history, again working with
Arteco Partners, but to thoughtfully update things for the modern era. No housing is proposed for
Page 161
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the site and in fact, Section 3 of the Third Amendment of Ground Lease between the City of
Rancho Cucamonga and J. Filippi Vintage Company expressly states, “Lessee acknowledges
that the Lease does not permit any residential uses...”. Further, to address the concerns that
arose during negotiations with CVWR, the proposed 3rd Lease Amendment also states that,
“Lessor is under no obligation to contribute financially to the operation of the property, except as
may be already expressly provided in the Lease, and that Lessor may in its sole and absolute
discretion, assist Lessee’s with respect to the property with grants for historic preservation
purposes...”.
The City of Rancho Cucamonga and National CORE have also drafted a tentative side letter
designed to supplement the Ground Lease. That side letter addresses a number of operational
matters appurtenant to the operation as a winery.
Central to the side letter is the expansion of the facility to accommodate additional community
requested hospitality amenities. National Core, aware of the community desire, is proposing to:
•Preserve and enhance the historical nature and usage of the winery, ensuring that it
continues to enrich the community's cultural landscape.
•Maintain and refine the wine-making functions on the property, reaffirming the
City’s commitment to the traditional viticulture that defined this region.
•Increase community access to the winery and vineyards, transforming these spaces into
vibrant recreational, and special events hubs for local residents and visitors alike.
•Transform the property into a significant economic asset for both National CORE and the
City by enhancing the winery’s capabilities including a hospitality enhancement.
•Generate substantial economic benefits through increased tourism, job creation, and local
spending, supporting the City’s economic development objectives.
•Fulfill National CORE’s mission-based objectives by establishing a permanent venue for
their multi-disciplinary vocational programs.
The side letter provides that improvements to the premises require City approval. It provides the
City the ability to approve the initial winemaker and sets standards to ensure future winemakers
are qualified. Similar provisions are established for the hospitality operations as well. Future
approval of the facility for event use (rentals, food and beverage, hours of operation) will require
a separate City conditional use permit which will be appropriately conditioned. The City has also
included a provision to ensure that wine from the Cucamonga Valley AVA continues to be present
in the future for purchase and consumption.
A phased improvement plan will be necessary to transform the property, focusing on enhancing
both functionality and aesthetic appeal while preserving its historical nature and usage. This
initiative includes significant upgrades to the interior spaces, the building facade, and the
landscape to modernize the facility and better reflect its historical significance. It is anticipated
that ASM Global (affiliated with GOCAL) will manage the Winery leveraging its extensive
experience in venue management to ensure seamless operations. This includes overseeing all
administrative tasks, event booking and planning, marketing, financial management, and
compliance with local regulations. ASM Global’s expertise ensures that the Winery will operate
efficiently and exceed expectations, providing unparalleled experiences for guests and fostering
business growth. In concert with the operational oversight provided by ASM Global, GOCAL will
play a critical role in maintaining the continuity of skilled winemaking and support staff throughout
the renovation process. A skilled and experienced winemaker has tentatively been selected and
vetted by the City but final negotiations are ongoing and pending the successful transfer of the
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lease.
The architectural overhaul will be focused on enhancing the building and property to better reflect
the rich history of the Cucamonga Valley's wine-making tradition. Using materials like river rock
and timber, the redesign will echo the early 1900s architectural style unique to the region. The
grounds will be transformed into a park-like setting, improving accessibility and creating an inviting
atmosphere with elements like bocce ball and walking paths that invite light recreational and event
use. The interiors will be upgraded with historical alcoves and decorative elements like many of
the redwood tanks, enhancing the venue’s charm and appeal for events such as weddings and
corporate retreats. This revamped Regina Winery of California is set to stand as a cornerstone of
cultural and economic vitality in the region, attracting visitors to explore and enjoy the finest
expressions of Californian viticulture in a venue that respects its past and embraces its future.
At the present time, the winery is showing its age and has seen better days. Substantial
renovations are necessary for the transformation and adaptive re-use of the facility. Initial
estimates are that phase 1 capital improvements, which are urgently needed, will constitute
approximately $1.5 million to bring the property to a minimum viable standard. Estimates are still
under way for the broader renovation work including the landscape improvement plans. Phase
one improvements will include:
•Parking Lot Upgrades: The first action will be to enhance the main parking area to ensure
accessibility and a high-quality first impression. The parking lot will be slurry-sealed to
refresh the surface and extend its lifespan, followed by re-striping to improve the layout
and flow of traffic as well as add an ADA-accessible parking space and a van-designated
space.
•Temporary Tasting Room: Core will build a temporary tasting room that reflects the future
aesthetic direction of the winery. This pop-up will be constructed using materials such as
white river rock or stacked stone veneer and redwood paneling, which not only align with
the vision for the renovated spaces but also provide a visually appealing preview of what
is to come. Positioned adjacent to the parking lot on the northeast segment of the property,
this setup ensures that guests continue to enjoy a seamless wine tasting and purchasing
experience.
•Street Signage for Winery: As the initial upgrades move forward and a temporary tasting
room is established, effective street signage along Base Line Road is essential. These
signs will serve to direct visitors smoothly to the temporary location and build anticipation
for the upcoming winery and event spaces. Designed to harmonize with the future
aesthetic improvements, the signage will feature clear, visually cohesive directional cues
and engaging 'Coming Soon' announcements that capture the attention of both locals and
visitors, maintaining the winery's visibility and excitement throughout the renovation
period.
•Vineyards: Enhancements to the existing vineyards will be made to serve not only as
productive elements of the Winery but also the vineyard parcels will serve as a natural
border around the outdoor event area that is part of Phase 2. This strategy will enhance
the aesthetic appeal of the area and reflect the property's rich history for visitors, aligning
with City requirements to preserve the cultural heritage.
•Interior and Exterior Enhancements: This phase will focus on the northeast corner of the
building, encompassing the remodel of the banquet rooms, old house, tasting room,
kitchen, restrooms, cellar, and patio.
•CORE Academy Space: The southeast corner will be dedicated to the CORE Academy
vocational programs. This initiative aligns with CORE’s mission to transform lives and
communities through education. The integration of these programs into the existing use
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of the property ensures that the Winery continues to serve as a center of community and
innovation. The design of this space will blend seamlessly with the overall design of the
winery. Additionally, the Residential Service Technician (RST) track will utilize this facility
for practical study, which will not only provide hands-on learning opportunities but also
help in maintaining the building at reduced costs and keeping it in pristine condition.
Moreover, when not in use for Project Management classes, the classrooms will be
available to host classes focused on wine education and local history, further integrating
the academy into the community fabric.
•Landscape and Accessibility Improvements: Enhancements will include resurfacing
parking surfaces with permeable and semi-permeable materials, improving the
landscaping around the park area adjacent to the current baseline road parking lot, and
adding recreational features like bocce ball courts next to the park area.
•ADA Compliance: In line with National CORE's commitment to inclusivity on all its
properties, the layout redesign will meet ADA compliance requirements, ensuring the
facility is accessible and welcoming to all guests.
The Third Amendment to Ground Lease also allows the lessee to close the premises for a brief
time period of 90 days, which can be extended to 180 days total, while upgrades are under way
and the temporary wine tasting facility is being established. This clause will facilitate the ongoing
operation of the winery while the improvements noted above are under way.
As noted in the background, in 2021, the public selected CVWR’s proposal as the most desirable
because of its focus on wine tasting tours, wine production on-site accessible to guests, inclusion
of restaurants, outdoor patios and membership tasting areas, spaces weddings and private
events, full service onsite catering, as well as corporate & cultural events and conference
spaces. National CORE has taken note of and is proposing to incorporate these same elements
into their current proposal for the winery. Their strong partnership includes the most experienced
hospitality operator in the region (GOCAL/ASM) as well as one of the premier adaptive re-use
consultants (Arteco Partners) and they are fully committed to working with an experienced local
winemaker that understands this AVA and will continue the heritage of high-quality Cucamonga
Valley AVA wines into the future. No housing is permitted on site and the City’s financial
commitment is limited to support for grants. A temporary tasting room will ensure continuity of
operations while improvements are under way. Upon its completion, this facility will be the finest
public and private event space in the region and a destination for visitors from throughout
Southern California.
FISCAL IMPACT:
The proposed 3rd Lease Amendment states that “Lessor is under no obligation to contribute
financially to the operation of the property, except as may be already expressly provided in the
Lease, and that Lessor may in its sole and absolute discretion, assist Lessee’s with respect to the
property with grants for historic preservation purposes....”.
COUNCIL MISSION / VISION / VALUE(S) ADDRESSED:
The City Council has a mission statement that it seeks to continuously ensure and advance the
quality of life for the community through inclusive decision-making. This project advances that
goal through the 2021 public input and RFP process which created a clear desire from the
community for an operating winery with enhanced hospitality and event space as well as improved
restaurant offerings on site. The current proposal carries out that desired transformation of the
winery. Further, the Council has adopted values that include relentless pursuit of improvement,
and the current proposal would improve and transform the winery into a new destination for the
21st Century.
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ATTACHMENTS:
Attachment 1 - Third Amendment Winery Ground Lease
Attachment 2 - Regina Winery and City Side Letter Agreement
Attachment 3 - Winery Images
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11231-0001\3066143v2.doc
RECORDING REQUESTED BY, AND
WHEN RECORDED MAIL TO:
City of Rancho Cucamonga
10500 Civic Center Drive
Rancho Cucamonga, CA 91730
Attn: City Clerk
[Space Above Line For Recorder’s Use]
THIRD AMENDMENT OF GROUND LEASE
THIS THIRD AMENDMENT OF GROUND LEASE (this “Amendment”) is dated as of
________________, 2025, and is entered into by and between CITY OF RANCHO
CUCAMONGA, a California municipal corporation (“Lessor”), and J. FILIPPI VINTAGE CO.,
a California corporation (“Lessee”).
R E C I T A L S:
A. Lessor and Lessee executed that certain Ground Lease dated as of November 6,
2002, a memorandum of which was recorded in the Official Records of San Bernardino County,
California, on November 25, 2002, as Document No. 2002-0638923, with respect to that certain
real property located in the City of Rancho Cucamonga, County of San Bernardino, State of
California, more particularly described therein, and then amended such Ground Lease by an
Amendment of Ground Lease dated July 21, 2004 recorded as Document No. 2004-0737447 on
October 8, 2004, and an Amendment No. 2 to Ground Lease dated November 7, 2007 recorded
as Document No. 2007-0661574 on November 11, 2007 (the “Lease”). Unless otherwise defined
herein, capitalized terms used herein shall have the same meanings as set forth in the Lease.
B. Lessor and Lessee desire to further amend the Lease.
A G R E E M E N T:
NOW, THEREFORE, in consideration of the foregoing recitals, the covenants and
conditions contained herein, and other consideration, the sufficiency of which is hereby
acknowledged, Lessor and Lessee agree as follows:
1. Condition Precedent to Effectiveness of Third Amendment. The effectiveness of
this Amendment is conditioned upon (a) National Community Renaissance of California, a
California nonprofit benefit corporation (“National CORE”), acquiring ownership of one
hundred percent (100%) of the issued and outstanding common stock of Lessee and (ii) Lessee
providing Lessor with reasonable evidence of such acquisition by National CORE.
2. Amendments to Lease. Section 3.4 (Termination for Failure to Operate;
Exceptions) of the Lease is deleted in its entirety and replaced with the following:
ATTACHMENT 1
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“3.4 Termination for Failure to Operate; Exceptions. If Lessee fails to
operate a wine-making or winery related business on and /or permit public access
to the Winery Land, or otherwise abandons the Premises for more than fourteen
(14) consecutive days (including holidays and weekends) or for more than forty-
five (45) days (including holidays and weekends) in a calendar year, then this
Lease shall automatically (i.e., without further notice) terminate. In addition,
Lessee’s failure to plant rootstock for grape vines on the Vineyard Land within
four (4) years from the date hereof and harvest grapes therefrom in any year after
the initial harvest therefrom (which initial harvest shall occur not later than the
summer of 2011) shall automatically (i.e., without further notice) terminate this
Lease. Notwithstanding the foregoing, the time periods provided above in this
Section 3.4 shall be extended for: (a) delays due to elements, fire earthquakes or
other acts of God, acts of war, riots or insurrections, provided, however, that to
the extent a delay is caused by any other reason that Lessee reasonably believes
is beyond the control of Lessee, Lessee may request, on a case by case basis, that
Lessor excuse such delay and Lessor shall make its determination as to whether
to excuse such delay using its reasonable judgment; and (b) one (1) temporary
closure of the Premises for a period of up to ninety (90) days upon Lessee giving
Lessor reasonable prior notice of such closure subject to Lessee’s right to extend
such closure for additional and successive thirty (30) day periods (which
extension periods will not exceed ninety (90) days in the aggregate) upon giving
Lessor prior notice of such extension(s) for the purposes of (i) developing and
constructing critical parking lot upgrades at the Premises and (ii) designing and
constructing a temporary wine-tasting facility on the Premises that will allow
Lessee to partially reopen the Premises for the purpose of (1) maintaining a
wine-tasting experience for the general public, (2) communicating to the general
public Lessee’s anticipated renovation of the Fixtures and Improvements at the
Premises, and (3) engage in the pre-sale and reservation of special events at the
Premises once the renovations of the Fixtures and Improvements at the Premises
are sufficiently complete and suitable for such purposes.
Upon the reopening of the temporary wine-tasting facility, Lessee intends
to begin renovations of the approximately 80,000 square foot permanent
structure, which will remain closed until renovations to its core operational
functions as a winery, bottle shop, banquet hall, commercial kitchen, and wine-
tasting room are complete. Lessee expects this to take twelve (12) months from
the completion of the temporary wine-tasting facility. However, Lessee may
extend the renovation timeline by submitting requests at least thirty (30) days in
advance of the proposed completion dates, requesting a ninety (90) day extension
for closure. Lessee may submit additional requests for extensions until
renovations are complete and the Premises are ready for public access.”
3. Certain Lessee Acknowledgements. Lessee acknowledges that the Lease
does not permit any residential uses, and Lessor is under no obligation to contribute
financially to the operation of the property, except as may be already expressly provided
in the Lease, and that Lessor may in its sole and absolute discretion, assist Lessee’s with
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respect to the property with grants for historic preservation purposes, subject to Lessee’s
compliance with prevailing wage laws, if applicable.
4. Notices. Section 25 (Notices) of the Lease is amended to delete facsimile
and personal delivery as permitted means of delivery of notices, and to change Lessee’s
address for notices to the following:
J. Filippi Vintage Co.
c/o National Community Renaissance of California
Attn: President
9692 Haven Avenue, Suite 100
Rancho Cucamonga, CA 91730
With copy to:
National Community Renaissance of California
Attn: General Counsel
9692 Haven Avenue, Suite 100
Rancho Cucamonga, CA 91730
5. Time of Essence. Time is of the essence of every provision hereof in which time
is a factor.
6. Conflict. In the event of a conflict or inconsistency between the terms and
conditions of the Lease and the terms and conditions of this Amendment, the terms and
conditions of this Amendment shall prevail and control.
7. Continuing Effect. Except as specifically modified hereby, the Lease shall remain
unaffected and unchanged by reason of this Amendment. The Lease is hereby ratified and
affirmed by Lessee and remains in full force and effect as modified hereby.
8. Counterparts. This Amendment may be executed in any number of counterparts,
each of which, when executed and delivered, shall be deemed to be an original, and all of which,
taken together, shall be deemed to be one and the same instrument.
[signatures of the parties on following page]
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IN WITNESS WHEREOF, Lessor and Lessee have executed this Amendment of Ground
Lease as of the date and year first above written.
LESSOR: CITY OF RANCHO CUCAMONGA,
a California municipal corporation
By: __________________________
L. Dennis Michael, Mayor
ATTEST:
__________________________
Kim Sevy, City Clerk
APPROVED AS TO FORM:
______________________
Nicholas Ghirelli, City Attorney
LESSEE: J. FILIPPI VINTAGE CO.,
a California corporation
By: __________________________
Print Name: __________________________
Title: __________________________
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State of California )
County of ______________ )
On _________________________, before me, ,
(insert name and title of the officer)
Notary Public, personally appeared ,
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are
subscribed to the within instrument and acknowledged to me that he/she/they executed the same
in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument
the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that
the foregoing paragraph is true and correct.
WITNESS my hand and official seal.
Signature (Seal)
State of California )
County of ______________ )
On _________________________, before me, ,
(insert name and title of the officer)
Notary Public, personally appeared ,
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are
subscribed to the within instrument and acknowledged to me that he/she/they executed the same
in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument
the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that
the foregoing paragraph is true and correct.
WITNESS my hand and official seal.
Signature (Seal)
A notary public or other officer
completing this certificate verifies only the
identity of the individual who signed the
document to which this certificate is
attached, and not the truthfulness,
accuracy, or validity of that document.
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AS14248.0862694 4936-2781-2369v3
Page 171
January 29, 2025 [SENT VIA EMAIL]
John R. Gillison
City Manager
City of Rancho Cucamonga
10500 Civic Center Drive
Rancho Cucamonga, CA 91730
RE: SIDE LETTER AGREEMENT REGARDING J. FILIPPI WINERY
Dear John:
As requested, please find below certain provisions we have drafted to address the concerns you
had raised on behalf of the City of Rancho Cucamonga (“City”) relating to our proposed usage of
the J. Filippi Winery assuming National CORE’s acquisition of the ownership interests of J. Filippi
Vintage Co is approved by the City and is successfully consummated by us.
This Side Letter Agreement supplements the provisions of the Proposal for Ground Lease
Temporary Waiver and Usage (the “NCRC Proposal”) we first submitted on October 24, 2024 by,
among others, providing more detail and specificity on the selection of the winemaker who will
oversee the winemaking process, the use of the winery as event space and its hours of operation,
and the preservation of historical character of the winery property.
The following recitals will provide some context for the supplemental provisions set out in this
Side Letter Agreement:
RECITALS:
●The City, as Lessor, and J. Filippi Vintage Co, a California corporation, as Lessee
(“Lessee”), are parties to that certain Ground Lease, dated November 6, 2002 (the “Original
Ground Lease”), a memorandum of which was recorded in the Official Records of San
Bernardino County, California (“Official Records”) on November 25, 2002, as Document
2002-0638923, covering certain land and improvements located in the City of Rancho
Cucamonga, County of San Bernardino, and otherwise commonly known as 12467 Base
Line Road, Rancho Cucamonga, California (the “Premises”).
●The Original Ground Lease was amended by that certain Amendment of Ground Lease,
dated July 21, 2004 (the “Amendment No. 1”), which was recorded in Official Records on
October 8, 2004, as Document No. 2004-0737447, and was further amended by that certain
Amendment No. 2 to Ground Lease, dated November 7, 2007 (the “Amendment No. 2”),
which was recorded in Official Records on November 21, 2007, as Document No. 2007-
0661574.
ATTACHMENT 2
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●The Original Ground Lease, the Amendment No. 1 and the Amendment No. 2 are
collectively referred to herein as the “Lease.” All capitalized terms used herein but not
specifically defined herein shall have the same meanings as defined in the Lease.
●The Lease provides that Lessee shall only have the right to use (a) the Winery Land, the
Additional Land, the Fixtures and the Improvements as a winery and for winery-related
purposes and (b) the Vineyard Land for winegrowing (i.e., as a vineyard) and open space,
and for no other purpose, without the prior consent of the City, which may be granted or
withheld in the City’s sole and absolute discretion; provided, however, that in no event
shall the Premises, the Additional Land, the Fixtures or the Improvements be used for any
use or purpose (nor shall any activity be carried-on upon the Premises) that causes, creates
or results in waste, nuisance or a violation of a Permitted Exception or otherwise is not
permitted by applicable laws, statutes, ordinances or other governmental rules and
regulations including the City of Rancho Cucamonga Conditional Use Permit No. 94-5 or
any development agreement entered into by the City and Lessee with respect to the
Premises; provided further, however, that beer and wine purchased within the
Improvements may be consumed outside the Improvements in areas identified in Exhibit
K to Amendment No. 1, so long as (i) “No Alcohol Consumption Beyond This Point” signs
are posted at key locations and (ii) such outside consumption does not create negative
impacts to the surrounding area (collectively, the “Use Restrictions”).
●The Lease, in addition, provides that Lessee shall not construct or otherwise make new
improvements on or to the Premises, demolish, remove, replace, alter or reconstruct the
Improvements, or change the contour or grade, or both, of the Premises, without the City’s
prior consent, which consent may be granted or withheld in the City’s sole and absolute
discretion, and if any work is permitted by the City, Lessee covenants to observe and
perform such work, among other things, (i) in a character that the value of the
Improvements upon completion thereof shall be equal to or greater that the value of the
Improvements before commencement of such work and (ii) in a good and workmanlike
manner and in compliance with all laws, ordinances, orders, rules, regulations and
requirements (collectively, the “Alterations Restrictions”).
●Concurrently herewith, the Lease will be amended by a Third Amendment of Ground Lease
(the “Third Amendment”) to entitle Lessee to a temporary closure of the Premises for the
purposes of, among others, (i) developing and constructing critical parking lot upgrades at
the Premises and (ii) designing and constructing a temporary wine-tasting facility on the
Premises to maintain a wine-tasting experience for the general public in accordance
(among other uses) while Lessee renovates the Premises and prepares plans and applicable
governmental approvals for the future of the Premises as outlined herein.
AGREEMENT:
In consideration of the mutual covenants contained herein and for other good and valuable
consideration, the receipt and adequacy of which is hereby acknowledged by the parties, and as a
supplement to the NCRC Proposal, the City and National CORE hereby outline the terms of the
proposed future use of the Premises as follows:
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SECTION 1: WINEMAKER RECRUITMENT AND OVERSIGHT
•National CORE understands and appreciates the importance of having an experienced
winemaker to oversee the winemaking process and ensure the continuity of the winery’s
legacy at the Premises. The City shall have the right to approve National CORE’s retention
of the initial winemaker (and the City will not unreasonably withhold approval).
Thereafter, Lessee will have the right from to time to replace the initial or any successor
winemaker with a qualified winemaker in which case Lessee will give the City written
notice of any such change in the winemaker and will endeavor to give this notification
within a reasonable time prior to the effective date thereof for transparency and alignment
with the City’s concerns but any such change will not require the City’s prior approval
unless Lessee fails to retain a qualified successor winemaker within ninety (90) days
following the termination of any winemaker; provided, however, a successor winemaker
shall be deemed “qualified” generally through one or more tangible criteria, such as
holding an associate or advanced degree in enology or viticulture (e.g., programs at
Sonoma State University, UC Davis, or Cornell University), completing formal
apprenticeships or on-the-job training in notable wineries (e.g., Schramsberg Vineyards or
Gallo Family Vineyards), possessing demonstrable extensive industry experience and
technical expertise (e.g., managing production at a major wine producer), earning
recognized industry achievements (e.g., awards from the San Francisco International Wine
Competition or Wine Enthusiast’s Winemaker of the Year), crafting a portfolio of wines
that achieve high ratings in leading publications (e.g., multiple wines scoring 90+ points in
Wine Enthusiast or Wine Spectator), or demonstrating a commitment to innovative and
sustainable winemaking practices (e.g., achieving Napa Green or SIP Certified credentials.
•While National CORE has not yet finalized the selection of an individual who will lead
winemaking operations, we are actively interviewing potential candidates including but not
limited to Ryan Pedvin with LePoidevin Cellars. National CORE will use the critical repair
and renovation period - identified in the Partner Engineering & Science, Inc. assessment
and outlined in the preliminary site plan outlined in the NCRC Proposal provided to the
City - to strategically recruit and hire the most qualified candidate.
•National CORE believes a key reason for selecting GOCAL/ASM as the winery’s
hospitality operator is their extensive relationships with established wineries and
hospitality venues, their knowledge of the local area and their proven ability to identify and
secure top talent across multiple industries. This includes outreach to notable winemakers
such as Mikey and Gina Giugni of Scar of the Sea, Ryan Pedvin from LePoidevin Cellars,
and Paul Biane of Biane Winery.
•National CORE is fully committed to causing GOCAL/ASM during the repair and
renovation period to recruit an experienced and capable winemaker who aligns with the
operational goals and vision of the winery and ensuring the highest standards of
craftsmanship and quality.
SECTION 2: HISTORICAL PRESERVATION AND ADAPTIVE REUSE
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•In thoughtful consideration of the October 1997 Historical Assessment and Artifacts
Inventory of the Ellena Brothers Winery/Regina Grape Products Co. (Regina Winery),
National CORE is actively engaging with adaptive re-use consultants, among which has
included Arteco Partners, to develop an adaptive reuse plan that will guide us through an
architectural redesign stage of the Premises. National CORE anticipates this redesign plan
will seek to honor the historical character of the winery while ensuring its functionality and
safety.
•While the winery’s original farmhouse has been stripped to its structural studs, National
CORE will explore and consider innovative ways to incorporate it into the redesign of the
winery facility while preserving its legacy.
•National CORE is committed to retaining and revitalizing the key historical components
of the winery facility, including, for example, preserving the remaining utilitarian elements
such as the heavy timber roof trusses. Additionally, National CORE expects to conserve
many of the redwood storage tanks and the concrete storage tanks, operational machinery,
and other artifacts at the winery facility.
•To further celebrate the winery’s history at the Premises and create a vibrant and engaging
space that honors the winery as a Historic Landmark in the City of Rancho Cucamonga,
National CORE plans to combine structural preservation with displays and curated exhibits
detailing the following:
o The history of winemaking in the Cucamonga Valley.
o The legacy of the Ellena Brothers Winery/Regina Grape Products Co.
o The architectural significance of the winery complex.
●Unique aspects of its operation, including the restaurant, Lilliputian horses, and wine
vinegar production.
SECTION 3: HOSPITALITY PARTNER REQUIREMENT
•National CORE understands and appreciates the City's concerns regarding the continuity
and quality of the winery facility operations through a dedicated hospitality partner and is
committed to maintaining the highest operational standards, community accessibility, and
service excellence for the winery facility.
•National CORE is committed to addressing the City’s concerns by ensuring deliberate
planning and sustained operational quality of the winery facility without necessarily being
subject to a requirement to retain a dedicated external hospitality partner.
•In the event National CORE does not continue with GOCAL/ASM for management and
operation of the winery facility, National CORE will either identify and engage a
comparable operating company or develop the necessary in-house management
capabilities to sustain the quality of the facility operations.
•The City hereby approves of the retention/engagement of GOCAL/ASM by National
CORE as the initial third-party operator of the winery facility. Hereafter, National CORE
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will give the City written notice of any material transitions in the management of the winery
facility, whether to a new third-party operator or an internal operations model, and will
endeavor to give this notification within a reasonable time prior to the effective date thereof
for transparency and alignment with the City’s concerns but any such transition will not
require the City’s prior approval.
SECTION 4: MINIMUM EVENT SPACE GUARANTEE
•National CORE understands and appreciates the City’s desire to maintain sufficient event
space capacity to accommodate the anticipated community and public needs, and National
CORE’s initial plan is to have a contiguous outdoor space at the winery facility that could
adequately host at least 500 people at a single event.
•National CORE is committed to ensuring the winery facility can adequately host events for
up to 500 people using a combination of banquet rooms, the courtyard, and outdoor areas
once National CORE’s contemplated renovations are completed without necessarily being
subject to a requirement for a single, contiguous event space for at least 500 people.
•This approach will allow the winery the flexibility to adapt to market demands, ensuring
the financial viability of the Premises while satisfying community and event-hosting needs.
•By retaining the autonomy to design and manage event spaces based on practical and
economic considerations, National CORE can better position the winery to serve both
public and private interests in a viable and sustainable manner.
SECTION 5: OPERATIONAL CONTINUITY OF WINERY AND ACADEMY
•National CORE will cause Lessee to sublease a portion of the Premises to an affiliate to
serve as the home for CORE Academy (vocational programming), that will be
operationally separate from the winemaking activities required to be operated at the
Premises in accordance with the Lease (except for any City-approved closures).
•The winery will exercise its commercially reasonable best efforts to source a portion of
juice and bulk wine for winemaking, as well as some of its wholesale bottled wine for retail
sales and its food and beverage program, from Cucamonga Valley AVA producers,
provided, if the winery cannot source on commercially reasonable terms at least ten percent
(10%) of such juice and bulk wine for winemaking from Cucamonga Valley AVA
producers in any calendar year, then winery may source such ten percent (10%) of its juice
and bulk wine for winemaking from producers located in greater Southern California and,
provided further, if winery cannot then source such ten percent (10%) of its juice and bulk
wine for winemaking from producers located in greater Southern California, Lessee shall
give City written notice of such an event along with an explanation of the circumstances,
and the notification shall be within a reasonable time after the grapes have been harvested
for that calendar year.
•Due to potential supply limitations and customer taste preferences, the winery would not
be able to guarantee consistent sourcing or a consistent amount solely from Cucamonga
Page 176
January 29, 2025
John R. Gillison
RE: SIDE LETTER AGREEMENT REGARDING J. FILIPPI WINERY
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Valley AVA producers, but the winery will exercise its commercially reasonable best
efforts to adequately represent the Cucamonga Valley AVA when supply of juice and bulk
wine is available, in-demand, and competitively priced.
•During the renovation period of the main winery facility, National CORE is committed to
further supporting the Cucamonga Valley AVA by ensuring that the temporary tasting
room, as outlined in our original proposal (and as required by the Third Amendment if
Lessee elects the temporary closure of the Premises), features a guest label showcase,
highlighting and promoting the work of local AVA winemakers.
•National CORE contemplates changing the name of the winery from Joseph Fillipi Winery
to Regina Winery of California, however, Lessee must give the City written notice of such
change, and the notification shall be within a reasonable time prior to the effective change.
Lessee acknowledges that City reserves the right to review and approve any application or request
for a new use permit for the winery subject to such conditions relating to operational hours, the
conduct of live entertainment and other restrictions as City may reasonably impose.
Finally, it is contemplated that the general terms set forth herein are intended to express the parties’
present intent and may be incorporated into an agreement, Lease amendment, and/or permit, as
applicable, and will be subject to formal approval by each party, in their sole and absolute
discretion, but only after compliance with the California Environmental Quality Act (“CEQA”) to
the extent applicable and any other applicable laws.
Sincerely,
Michael Ruane
President
National Community Renaissance of California
Acknowledged and agreed to:
FOR THE CITY OF RANCHO CUCAMONGA,
a California municipal corporation
By:
John Gillison
City Manager
Date: February __, 2025
Page 177
January 29, 2025
John R. Gillison
RE: SIDE LETTER AGREEMENT REGARDING J. FILIPPI WINERY
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AS14248.0862694 4912-2912-9233v4
Page 178
Temporary Tasting Room
ATTACHMENT 3
Page 179
2025/02/19 – REGULAR CITY COUNCIL MEETING - ITEM H2 –CORRESPONDENCE RECEIVED 2/19/2025
-----Original Message-----
From: Victoria Haselwander <victoriahaselwander@gmail.com>
Sent: Wednesday, February 19, 2025 11:19 AM
To: City Clerk <City.Clerk@cityofrc.us>
Cc: Oriel, Jasmin <Jasmin.Oriel@cityofrc.us>
Subject: J. Fillipi Vintage Co. item #H2
[Some people who received this message don't often get email from victoriahaselwander@gmail.com. Learn why this is
important at https://aka.ms/LearnAboutSenderIdentification ]
To the city council of Rancho Cucamonga
This correspondence is in regards to the proposal for the property known as J. Filippi Vintage Co. I would ask the council
to be vigilant in the overseeing of this project. The plans seem to be encompassing all the requirements for historical
preservation and new use.
Please use caution if or when changes need to be made. Sometimes in the zeal to complete a project there can be an
overlooking of the long term effects to the community. This has happened on previous projects especially in regards to
parking spaces etc.
Please keep your commitment that there will not be any residential space.Also, it will be a challenge to have this area
designated for 500 seating capacity with limited parking.
Sincerely,
Victoria Haselwander
Landowner in Victoria Windrows
Good evening,
I am Diane Williams, 53 year resident of Alta Loma, community volunteer, former
Rancho Cucamonga Councilmember, Planning Commissioner, and Library Board
of Trustees Member, collectively serving over 35 years. My letter is to share
thoughts on the importance of historic preservation and honoring our city's
viticulture heritage.
My passion to protect the famous Ellena Brothers -Regina Winery began long
before 1993 when the city purchased the 14 acres along old Base Line Road, then
still surrounded by the vineyards and open space. Shortly thereafter, we entered
into a very generous Lease agreement with the Filippi Family, longtime vintners in
search of a new home for their Fontana winery.
How wonderful that the Ellena -Regina winery would once again be fully utilized
for its original intent. We thought, what a unique re-use project and opportunity
to preserve such a treasure. The past revisited? Perhaps, but our past offered a
unique charm when much of Rancho Cucamonga was vineyards serving several
wineries.
The city made significant investment since first purchasing, including artifact
surveys, seismic upgrades, fire and environmental protections, site and
infrastructure improvements, and restoration of the old cellars featuring the
impressive collection of historic redwood casks.
We encouraged cultural and educational uses, and declared the winery a local
historic landmark in 1995, and would declare statement of public benefit. Public
outreach including a design charrette workshop was productive with over 20
planners and architects participating. Many said that they did not think the city
should make the same mistakes made when the Thomas and Virginia Dare
wineries were gutted to allow other uses within the building shells.
Jeff Sceranka, a former member of the Planning Commission commented, "This is
an operating winery of historical significance to our community." It is important
we take great care.
2025/02/19 – REGULAR CITY COUNCIL MEETING - ITEM H2 – Public Communication 2/19/2025
Approval to Transfer the Ground
Lease for J. Filippi Vintage
Company as part of the sale of the
business
February 19, 2025
Goals for Project
•Preserve and enhance the historical nature and usage of the winery
•Maintain and refine the winemaking functions on the property
•Increase community access to the winery and vineyards
•Transform the property into a significant economic asset
Initial Focus on Items of Critical Importance
•Fire Safety and Compliance
•Structural and Site Improvements for roof and facility
•Mechanical and Electrical Systems overhaul and replacement
Revitalization Efforts
•Phase 1 Improvements are the most critical and will take place immediately
•Parking Lot Upgrades: Enhance the main parking area to ensure accessibility and
improve the layout and flow of traffic along with ADA compliance
•Temporary Tasting Room: Build a temporary tasting room that reflects the future
aesthetic direction of the winery; ensures that guests continue to enjoy a seamless wine
tasting and purchasing experience, and presell event bookings for the post-renovation
period
•Street Signage for Winery: Effective street signage along Base Line Road to direct visitors
to the temporary location and build anticipation for the upcoming winery and event
spaces; maintaining the winery's visibility and excitement throughout the renovation
period
•Vineyards: Enhancements to the existing vineyards to serve not only as productive
elements of the Winery but also the vineyard parcels will serve as a natural border around
the outdoor event area that is part of Phase 2
Phase One Improvements
•Interior and Exterior Enhancements: Remodel of the banquet rooms, old house, tasting
room, kitchen, restrooms, cellar, and patio
•CORE Academy Space: Ensures that the Winery continues to serve as a center of
community and innovation; the classrooms will be available to host classes focused on
wine education and local history
•Landscape and Accessibility Improvements: Enhancements will include resurfacing
parking surfaces, improving the landscaping around the park area adjacent to the current
parking lot, and adding recreational features
•ADA Compliance: The layout redesign will meet ADA compliance requirements, ensuring
the facility is accessible and welcoming to all guests
Phase One Improvements
Temporary Tasting Room
•Current tasting room needs to be
closed as part of renovation
•A new temporary tasting room is
proposed to allow continued winery
operations during renovation
Initial Rem odel
•Initial remodel plan for
building
•Vocational area which is
less than 7,000 sf.
•Tasting room, retail and
associated areas are
over 8,000 sf
•Event space is over
20,000 sf in multiple
sizes
•Winery operations is
over 8,500 sf
•Kitchen is over 2,000 sf
•Preservation and Enhancement of Winemaking Spaces: Initial remodel will focus on
preserving key winemaking spaces and ensuring that these areas reflect the ongoing
commitment to quality viticulture
•New Construction: Develop a west entrance and small banquet/private event rooms in
existing warehouses; convert additional warehouse space into a large indoor event hall
(10,600 SF)
•Winemaking, Bottling, and Museum: Winemaking and bottling areas designed for public
tours and education will be remodeled; development of the Cucamonga Valley Wine
Museum
•Outdoor Event Area: Creation of a 47,000 SF park-like outdoor event space, capable of
hosting large-scale events in a variety of configurations
•Parking and Access Improvements: Transform the parking area to accommodate
approximately 160 cars; enhance the pedestrian pathway and landscape leading from
Victoria Gardens neighborhoods; integrate a car connection to the existing commercial
shopping center to the west
Future Expansion
Future Expansion
•Site plan provides for
westerly connection
to shopping center
•Southerly pedestrian
entrance to
neighborhood is re-
opened and activated
•Landscape buffer for
adjacent residents
•Provides outdoor
event space
•Increases parking
WINE SALES
•Varietals and Blends that showcase the Cucamonga Valley's distinct terroir
•Specialty and Limited-Edition Wines that highlight the innovative spirit of the region
•Wine Bottles, Cases, and Gift Sets for purchase (perfect for gifts, in support of hosted
events, or personal collections)
TASTING ROOM EXPERIENCES
•Guided Wine Tastings led by knowledgeable staff, offering insights into the nuances of
each wine
•Wine and Food Pairing Experiences curated by the Chef to enhance the tasting
experience
•Private Tastings for groups seeking a more intimate or specialized experience
EVENT SPACE RENTALS
•Versatile Banquet Halls for various events, ranging from intimate parties to large
gatherings, with capacity expanding through phased renovations
•Outdoor Event Spaces suitable for tented events, concerts, or open-air gatherings,
offering flexibility in event design and capacity
Products and Services
FREE AND PAID EDUCATIONAL PROGRAMS
•Wine Education Classes and Workshops to educate guests and the community on
wine appreciation, production techniques, and the history of the local wine industry
•Tours of the winery and vineyard, including visits to the wine museum
CULINARY SERVICES
•On-Site Food Service available during events and tastings
•Catering services for various types of events
RETAIL OPERATIONS
•Winery-Branded Merchandise including specialty foods, glasses, corkscrews, and
apparel for guests to take a piece of the Winery experience home
•Gift Shop featuring regional crafts and products, supporting local artisans, and
providing guests with unique souvenir options
SPECIALIZED EVENT HOSTING
•The Winery will specialize in a broad range of events (Weddings and Corporate Events;
Cultural and Culinary Events; Music, Arts, and Community Events; and Educational and
Wellness Retreats)
Products and Services
•No housing is proposed for the site and in fact, Section 3 of the Third Amendment of
Ground Lease between the City of Rancho Cucamonga and J. Filippi Vintage Company
expressly states, “Lessee acknowledges that the Lease does not permit any residential
uses...”.
•The proposed 3rd Lease Amendment states that “Lessor is under no obligation to
contribute financially to the operation of the property, except as may be already expressly
provided in the Lease, and that Lessor may in its sole and absolute discretion, assist
Lessee’s with respect to the property with grants for historic preservation purposes....”.
Key Lease Provisions
Staff recommends the City Council review, discuss and approve the Third Amendment of
Ground Lease between the City of Rancho Cucamonga (lessor) and the J. Filippi Vintage Co.
(lessee).
Staff Recom m endation