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Home My WebLink About2025/03/05 - Regular Meeting Agenda PacketCITY COUNCIL VISION STATEMENT “Our Vision is to create an equitable, sustainable, and vibrant city, rich in opportunity for Page 1 all to thrive by building on our foundation and success as a world class community.” 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 March 5, 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 TAPIA CONFERENCE ROOM 4:30 P.M. REGULAR MEETINGS COUNCIL CHAMBERS 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 Page 2 all to thrive by building on our foundation and success as a world class community.” 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 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) D3. CONFERENCE WITH REAL PROPERTY NEGOTIATORS PER GOVERNMENT CODE SECTION 54956.8 FOR PROPERTY IDENTIFIED AS PARCEL NUMBERS 0208-031-17-0000; 0208-031-54-0000; 0208-031-55- 0000; 0208-031-56-0000; 0208-031-57-0000 COMMONLY KNOWN AS ADDRESS 7368, 7380, 7404, 7390 AND 7372 ARCHIBALD AVENUE, RANCHO CUCAMONGA, CA 91730; NEGOTIATING PARTIES MATT MARQUEZ, DIRECTOR OF ECONOMIC DEVELOPMENT, REPRESENTING THE CITY OF RANCHO CUCAMONGA, AND JOHN ALVAREZ, REAL ESTATE INVESTOR, 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 Page 3 all to thrive by building on our foundation and success as a world class community.” 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. --- CITY COUNCIL VISION STATEMENT “Our Vision is to create an equitable, sustainable, and vibrant city, rich in opportunity for Page 4 all to thrive by building on our foundation and success as a world class community.” 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 Regular Meetings of February 19, 2025. D2. Consideration to Approve City and Fire District Bi-Weekly Payroll in the Total Amount of $2,263,504.67 and City and Fire District Weekly Check Registers (Excluding Checks Issued to Southern California Gas Company) in the Total Amount of $6,678,891.84 Dated February 10, 2025, Through February 23, 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 $2,045.37 Dated February 10, 2025, Through February 23, 2025. (CITY/FIRE) D4. Consideration to Receive and File Current Investment Schedules as of January 31, 2025 for the City of Rancho Cucamonga and the Rancho Cucamonga Fire Protection District. (CITY/FIRE) D5. Consideration to Accept Grant Revenue in the Amount of $25,434 Awarded by the Department of Homeland Security for the Fiscal Year 2023 Homeland Security Grant Program. (CITY/FIRE) D6. Consideration of an Appropriation in the Amount of $250,000 from the Citizens Option for Public Safety (COPS) Fund and Authorization to Purchase 16 Automatic License Plate Readers (ALPR) from Flock Group Incorporated through Single Source Procurement. (CITY) D7. Consideration of Single-Source Purchase of Seven (7) Ford E-Transit Vans from Sunrise Ford of Fontana, California, in an Amount Not to Exceed $403,596.56, Following Unforeseen Procurement Challenges with National Auto Fleet Group. (CITY) D8. Consideration of a Professional Services Agreement with Generator Services Co, Inc. for Generator Maintenance and Repair Services in an Amount Not to Exceed $45,000 for the remainder of FY 24/25 and estimated $450,000 over 7 years. (CITY/FIRE) D9. Consideration to Approve the Use of NASPO Value Point Cooperative Agreement with Bridgestone Americas Tire Operation, LLC Contract MA #24158, Continental Tire the Americas, LLC Contract MA #24157 and Michelin North America, Inc. Contract MA #24156 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 Iowa Department of Administrative Services (DAS), to be Funded by Various Account Numbers, in Accordance with the Adopted Budget. (CITY/FIRE) D10. Consideration of a Two-Year Contract with Lance, Soll & Lunghard, LLP for Professional Auditing Services, with an Option to Renew for an Additional Two Years, Totaling Four Years, for a Total Amount of $511,230. (CITY/FIRE) D11. Consideration to Accept the Fire Station 178 Facility, File a Partial Notice of Completion, and Partial Release of Retention. (FIRE) D12. Consideration to Approve and Adopt Resolutions Certifying the Results of Elections and Adding Annexation Nos. 2025-1, 2025-2, 2025-3, 2025-4, and 2025-5 to Community Facilities District No. 2022-01 (Street Lighting Services) of the City of Rancho Cucamonga. (RESOLUTION NOS. 2025-004 to 2025-008) (CITY) 6 14 31 33 106 108 174 178 180 186 239 243 CITY COUNCIL VISION STATEMENT “Our Vision is to create an equitable, sustainable, and vibrant city, rich in opportunity for Page 5 all to thrive by building on our foundation and success as a world class community.” E.CONSENT CALENDAR ORDINANCE(S) - SECOND READING/ADOPTION F.ADMINISTRATIVE HEARING ITEM(S) G.ADVERTISED PUBLIC HEARINGS ITEM(S) - CITY/FIRE DISTRICT H.CITY MANAGER'S STAFF REPORT(S) H1. Consideration to Approve the Purchase and Sale Agreement for Conservation of 120 Acres Near Cucamonga Canyon to the City of Rancho Cucamonga. (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. 270 *DRAFT* February 19, 2025 | Fire Protection District, Housing Successor Agency, Successor Agency, Public Finance Authority and City Council Regular Meetings Minutes City of Rancho Cucamonga | Page 1 of 8 February 19, 2025 CITY OF RANCHO CUCAMONGA FIRE PROTECTION DISTRICT, HOUSING SUCCESSOR AGENCY, SUCCESSOR AGENCY, PUBLIC FINANCE AUTHORITY AND CITY COUNCIL REGULAR MEETINGS MINUTES The City Council of the City of Rancho Cucamonga held a Closed Session on Wednesday, February 19, 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, 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) Page 6 *DRAFT* February 19, 2025 | Fire Protection District, Housing Successor Agency, Successor Agency, Public Finance Authority and City Council Regular Meetings Minutes City of Rancho Cucamonga | Page 2 of 8 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 The closed session recessed at 6:45 p.m. Page 7 *DRAFT* February 19, 2025 | Fire Protection District, Housing Successor Agency, Successor Agency, Public Finance Authority and City Council Regular Meetings Minutes City of Rancho Cucamonga | Page 3 of 8 REGULAR MEETINGS – 7:00 PM CALL TO ORDER – COUNCIL CHAMBERS The 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 19, 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 Stickler led the Pledge of Allegiance. A. AMENDMENTS TO THE AGENDA None. B. ANNOUNCEMENTS / PRESENTATIONS Mayor Michael announced the addition of the following two presentations: B1. Recognition of John Gillison, City Manager – Wes McClure Award of Distinction. Mayor Michael and Members of the City Council recognized John Gillison, City Manager, for receiving the Wes McClure Award of Distinction from the Cal Cities City Managers Department. The Wes McClure Award of Distinction celebrates City Managers who demonstrate exceptional leadership, ethics, innovation, and service-qualities. Mayor Michael and Members of the City Council congratulated John Gillison, City Manager, and thanked him for his contributions to the City of Rancho Cucamonga. B2. Presentation of a Certificate of Sympathy in Honor of Patrick Gallagher. Mayor Michael and Members of the City Council presented a Certificate of Sympathy in memory of Patrick Gallagher to the Gallagher family. C. PUBLIC COMMUNICATIONS Wendy Lopez, spoke about homelessness, public safety and asked the City Council to act by implementing preventative measures, encouraging collaboration, addressing the homeless situation in a timely manner and increasing police patrolling in Alta Loma. A signed petition was submitted by Wendy Lopez on behalf of Alta Loma residents to urge the City Council to address/prioritize the critical issue of homelessness. In response to public comment, Captain Smith, Rancho Cucamonga Police Department, shared the City recently concluded the 2025 Point-in-Time Count, a homeless count and survey to collect data on the number and needs of people experiencing homelessness in the community. He noted that the Rancho Cucamonga Police Department has a proactive and wide approach connecting transients with resources via the Solution Oriented Policing (S.O.P.) team. Lastly, Captain Smith spoke of the effects of the recently enacted Proposition 36, known as the Homelessness, Drug Addiction and Theft Reduction Act, he informed that the ballot measure toughens penalties for theft and other criminal offenses and has led to several arrests of transients since its effective date. Page 8 *DRAFT* February 19, 2025 | Fire Protection District, Housing Successor Agency, Successor Agency, Public Finance Authority and City Council Regular Meetings Minutes City of Rancho Cucamonga | Page 4 of 8 Nadya Bahena, Field Representative for 50th District Assembly Member, Robert Garcia, introduced herself as a liaison between Assembly Member, Robert Garcia and his district constituents, and invited the community to an "Assembly District 50 Open House" on March 21, 2025 at 4:00 p.m. David Thor, spoke about traffic and public safety concerns at the intersection of East Avenue and Highland Avenue. 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 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) Page 9 *DRAFT* February 19, 2025 | Fire Protection District, Housing Successor Agency, Successor Agency, Public Finance Authority and City Council Regular Meetings Minutes City of Rancho Cucamonga | Page 5 of 8 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) MOTION: Moved by Council Member Stickler, seconded by Council Member Hutchison, to approve Consent Calendar Agenda items D1 through D10, with Council Member/Board Member Scott abstaining on item D3. Motion carried 5-0. E. CONSENT CALENDAR ORDINANCE(S) - SECOND READING/ADOPTION None. Mayor Michael announced item H2 listed under Section H. City Manager's Staff Reports would be moved to Section F. as Administrative Hearing Item F1. F. ADMINISTRATIVE HEARING ITEM(S) At 7:19 p.m., Council Member Hutchison recused himself from discussion on Item F1 (formerly Item H2) due to a conflict of interest as he has a financial interest in real property located within 1,000 feet of the winery, pursuant to the Political Reform Act, and left the Chambers. F1. (Formerly 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) John Gillison, City Manager provided a Staff Report along with a PowerPoint presentation showcasing revitalization efforts, phases of improvement/remodeling, temporary tasting room, future expansion plans, and products and services such as wine sales, tasting room experiences and event space rentals. City Manager Gillison highlighted the following project goals of the proposed transfer of the ground lease for J. Filippi Vintage Company as part of the sale of the business: 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; and transform the property into a significant economic asset. City Manager Gillison noted the following two (2) key lease provisions: 1. 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...". Page 10 *DRAFT* February 19, 2025 | Fire Protection District, Housing Successor Agency, Successor Agency, Public Finance Authority and City Council Regular Meetings Minutes City of Rancho Cucamonga | Page 6 of 8 2. 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 ". Email correspondence was received from Victoria Haselwander and was made available to the City Council, the public and included in the record. Mayor Michael opened the Administrative Hearing. Pam Wright, former Rancho Cucamonga Council Member, spoke in opposition of the proposed Third Amendment of Ground Lease between the City of Rancho Cucamonga and J. Filippi Vintage Co., and about the importance of historical preservation at the property. Dr. Ann DiDonato-Lara, recited a letter in opposition of the proposed Third Amendment of Ground Lease between the City of Rancho Cucamonga and J. Filippi Vintage Co. on behalf of former Rancho Cucamonga Council Member Diane Williams. In the letter, former Council Member Diane Williams encouraged the City Council to honor the City's wine heritage by considering a project that operates as an operating landmark winery. The letter by former Rancho Cucamonga Council Member Diane Williams was made available to the City Council and the public. James Banks, Jr., spoke in opposition of the proposed Third Amendment of Ground Lease between the City of Rancho Cucamonga and J. Filippi Vintage Co. He commended staff on an impressive staff report and analysis, spoke about the importance of historical preservation of the winery, and shared concerns regarding the size and trainings offered by the National CORE Academy not being defined and becoming the primary use/focus of the site instead of the historic winery. Steven Janis, spoke in opposition of the proposed Third Amendment of Ground Lease between the City of Rancho Cucamonga and J. Filippi Vintage Co., spoke about previous resort-inspired, winery-centric destination proposals submitted in 2020 via Request for Proposals (RFP's) initiated by the City. He shared concerns regarding the rushed nature of the proposed Third Amendment of Ground Lease and the possibility of the winery's historical preservation being lost via future amendments. Applicant, Michael M. Ruane, President, National CORE Academy, thanked the community for their input and shared the vision for the proposed project, his understanding of community concerns/needs, future community engagement opportunities, and reassured his commitment to the historical preservation of the winery. City Manager Gillison, noted that the requirement to continue the winery operations to be un-interrupted and not allow closure is not a new provision to the Ground Lease Amendment as it is part of previous amendments approved decades ago that require that the winery continue operating. He stated the proposed Third Amendment of Ground Lease is proposing to keep the requirement with a provision that allows the winery to temporarily close during remodeling. City Manager Gillison informed the City remains the owner of the winery under a long-term ground lease with the current lease holder being the J. Filippi Vintage Co. and with Mr. Fillipi having the right to sell the business. Lastly, City Manager Gillison clarified the City's review of the lease is to ensure new potential owners of the business will continue operating the winery to comply with existing lease requirements. City Attorney Ghirelli, informed there was no Request for Proposal (RFP) as J. Filippi Vintage Co. initiated the sale of the business. He noted the City will continue to have a lease with J. Filippi Vintage Co., the tenant is not changing but rather who owns the tenant, which the City cannot control. In response to comments regarding the size and details of the National CORE Academy he informed a full review of the project would be conducted before it is approved by the City. Lastly, City Attorney Ghirelli stated the lease Page 11 *DRAFT* February 19, 2025 | Fire Protection District, Housing Successor Agency, Successor Agency, Public Finance Authority and City Council Regular Meetings Minutes City of Rancho Cucamonga | Page 7 of 8 would remain the same with minimal provisions and the remainder of the project subject to a full review process by the City's Planning Department. Council discussion ensued on the following: types of workforce trainings proposed by National CORE Academy, historical preservation of the winery, community input from Request for Proposals (RFP's) submitted in 2020, the City's growing hospitality sector, project funding and lease terms and provisions. Mayor Michael closed the Administrative Hearing. MOTION: Moved by Mayor Pro Tern Kennedy, seconded by Council Member Scott, to approve a Third Amendment of the Ground Lease with J. Filippi Vintage Co. Motion carried 4-0-1. Council Member Hutchison disqualified due to a potential conflict of interest. Council Member Hutchison returned to the meeting at 8:20 p.m. G. ADVERTISED PUBLIC HEARINGS ITEM(S) - CITY/FIRE DISTRICT None. H. CITY MANAGER'S STAFF REPORT(S) H1. Quarterly Development Update - Fourth Quarter 2024. (CITY) City Manager Gillison introduced Zackary Neighbors, Director of Building & Safety and Matt Marquez, Director of Economic Development, who provided the staff report along with a PowerPoint presentation for item H1. Mayor Pro Tern Kennedy commended staff on a well-done staff report with updates affirming the vibrancy of the City of Rancho Cucamonga and highlighting the hard work and efforts of staff in maintaining the City's All-America status while sparking interest in the youth to pursue careers in local government. City Council received and filed report. I. COUNCIL BUSINESS I1. COUNCIL ANNOUNCEMENTS None. I2. 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. Page 12 *DRAFT* February 19, 2025 | Fire Protection District, Housing Successor Agency, Successor Agency, Public Finance Authority and City Council Regular Meetings Minutes City of Rancho Cucamonga | Page 8 of 8 L. ADJOURNMENT Mayor Michael adjourned the Council Meeting in memory of Patrick Gallagher at 8:31 p.m. Approved: Linda A. Troyan, MMC City Clerk Services Director Page 13 DATE:March 5, 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 $2,263,504.67 and City and Fire District Weekly Check Registers (Excluding Checks Issued to Southern California Gas Company) in the Total Amount of $6,678,891.84 Dated February 10, 2025, Through February 23, 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 $1,307,323.89 and $956,180.78 for the City and the Fire District, respectively. Weekly check register amounts are $6,563,823.33 and $115,068.51 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 14 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 1 of 16 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: 02/10/2025 Payment Date On or Before: 02/23/2025 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: Motive Energy Llc: 02/11/2025 City of Rancho Cucamonga 450383 02/11/2025 Motive Energy Llc 284.15 0 284.15 Supplier Payment: Leighton Consulting Inc: 02/11/2025 City of Rancho Cucamonga 450380 02/11/2025 Leighton Consulting Inc 23,812.60 0 23,812.60 Supplier Payment: Yunex Llc: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Yunex Llc 149,970.48 0 149,970.48 Supplier Payment: Ups: 02/11/2025 City of Rancho Cucamonga 450400 02/11/2025 Ups 141.31 0 141.31 Supplier Payment: Imagetrend Llc: 02/11/2025 Rancho Cucamonga Fire Protection District 450376 02/11/2025 Imagetrend Llc 0 948.00 948.00 Supplier Payment: Vca Central Animal Hospital: 02/11/2025 City of Rancho Cucamonga 450401 02/11/2025 Vca Central Animal Hospital 81.68 0 81.68 Supplier Payment: Maria Elena Alvarez: 02/11/2025 City of Rancho Cucamonga 450382 02/11/2025 Maria Elena Alvarez 621.00 0 621.00 Supplier Payment: Hampton Living: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Hampton Living 483.00 0 483.00 Supplier Payment: Alma Arocho: 02/11/2025 City of Rancho Cucamonga 450361 02/11/2025 Alma Arocho 1,044.00 0 1,044.00 Supplier Payment: Unity Courier Service Inc: 02/11/2025 City of Rancho Cucamonga 450399 02/11/2025 Unity Courier Service Inc 327.12 0 327.12 Supplier Payment: Costar Realty Information Inc: 02/11/2025 City of Rancho Cucamonga 450369 02/11/2025 Costar Realty Information Inc 7,663.20 0 7,663.20 Supplier Payment: Airgas Usa Llc: 02/11/2025 City of Rancho Cucamonga 450360 02/11/2025 Airgas Usa Llc 1,178.33 0 1,178.33 Supplier Payment: Grainger: 02/11/2025 City of Rancho Cucamonga 450374 02/11/2025 Grainger 78.37 0 78.37 Supplier Payment: Alta Rancho Pet & Bird Hospital: 02/11/2025 City of Rancho Cucamonga 450362 02/11/2025 Alta Rancho Pet & Bird Hospital 400.00 0 400.00 Supplier Payment: Mwi Animal Health: 02/11/2025 City of Rancho Cucamonga 450384 02/11/2025 Mwi Animal Health 260.60 0 260.60 Supplier Payment: Open Apps Inc: 02/11/2025 City of Rancho Cucamonga 450386 02/11/2025 Open Apps Inc 3,360.00 0 3,360.00 Supplier Payment: San Bernardino County Registrar Of Voters: 02/11/2025 City of Rancho Cucamonga 450389 02/11/2025 San Bernardino County Registrar Of Voters 9,327.15 0 9,327.15 ATTACHMENT 1 Page 15 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 2 of 16 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: Wilson Fiallos: 02/11/2025 City of Rancho Cucamonga 450406 02/11/2025 Wilson Fiallos 1,248.00 0 1,248.00 Supplier Payment: Uline: 02/11/2025 City of Rancho Cucamonga 450398 02/11/2025 Uline 402.87 0 402.87 Supplier Payment: National Cng & Fleet Service: 02/11/2025 City of Rancho Cucamonga 450385 02/11/2025 National Cng & Fleet Service 325.00 0 325.00 Supplier Payment: Carol Jean Bourland: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Carol Jean Bourland 135.00 0 135.00 Supplier Payment: Rapid Diesel Repair Llc: 02/11/2025 City of Rancho Cucamonga 450387 02/11/2025 Rapid Diesel Repair Llc 6,577.77 0 6,577.77 Supplier Payment: Richards Watson & Gershon: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Richards Watson & Gershon 297.50 0 297.50 Supplier Payment: The Ecohero Show Llc: 02/11/2025 City of Rancho Cucamonga 450396 02/11/2025 The Ecohero Show Llc 2,500.00 0 2,500.00 Supplier Payment: All City Management Services Inc: 02/11/2025 City of Rancho Cucamonga 02/11/2025 All City Management Services Inc 18,663.06 0 18,663.06 Supplier Payment: Siteone Landscape Supply Llc: 02/11/2025 City of Rancho Cucamonga 450390 02/11/2025 Siteone Landscape Supply Llc 6,022.69 0 6,022.69 Supplier Payment: Speedy Vehicle Registration Services: 02/11/2025 City of Rancho Cucamonga 450393 02/11/2025 Speedy Vehicle Registration Services 454.00 0 454.00 Supplier Payment: Ginger Dollarhide: 02/11/2025 City of Rancho Cucamonga 450372 02/11/2025 Ginger Dollarhide 229.80 0 229.80 Supplier Payment: Waxie Sanitary Supply: 02/11/2025 City of Rancho Cucamonga 450402 02/11/2025 Waxie Sanitary Supply 3,058.52 0 3,058.52 Supplier Payment: Golden Oaks Vet Hospital: 02/11/2025 City of Rancho Cucamonga 450373 02/11/2025 Golden Oaks Vet Hospital 200.00 0 200.00 Supplier Payment: Southern California Edison: 02/11/2025 Rancho Cucamonga Fire Protection District 450392 02/11/2025 Southern California Edison 0 392.85 392.85 Supplier Payment: Inland Valley Dance Academy: 02/11/2025 City of Rancho Cucamonga 450377 02/11/2025 Inland Valley Dance Academy 367.20 0 367.20 Supplier Payment: Lilburn Corporation: 02/11/2025 City of Rancho Cucamonga 450381 02/11/2025 Lilburn Corporation 392.00 0 392.00 Supplier Payment: Abc Locksmiths Inc: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Abc Locksmiths Inc 282.83 0 282.83 Supplier Payment: Toro Towing: 02/11/2025 City of Rancho Cucamonga 450397 02/11/2025 Toro Towing 350.00 0 350.00 Supplier Payment: Citrus Motors Ontario Inc: 02/11/2025 City of Rancho Cucamonga 450367 02/11/2025 Citrus Motors Ontario Inc 1,707.33 0 1,707.33 Supplier Payment: Brightview Landscape Services Inc: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Brightview Landscape Services Inc 24,741.31 0 24,741.31 Page 16 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 3 of 16 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: Terra Vista Animal Hospital: 02/11/2025 City of Rancho Cucamonga 450395 02/11/2025 Terra Vista Animal Hospital 100.00 0 100.00 Supplier Payment: Westrux International Inc: 02/11/2025 City of Rancho Cucamonga 450404 02/11/2025 Westrux International Inc 5,108.57 0 5,108.57 Supplier Payment: Southern California Edison: 02/11/2025 City of Rancho Cucamonga 450391 02/11/2025 Southern California Edison 3,999.35 0 3,999.35 Supplier Payment: Merrimac Petroleum Inc: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Merrimac Petroleum Inc 34,021.58 0 34,021.58 Supplier Payment: Envisionware Inc: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Envisionware Inc 1,207.50 0 1,207.50 Supplier Payment: Midwest Tape Llc: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Midwest Tape Llc 9,592.70 0 9,592.70 Supplier Payment: Remmi Construction Inc: 02/11/2025 City of Rancho Cucamonga 450388 02/11/2025 Remmi Construction Inc 309.50 0 309.50 Supplier Payment: Karen Clark: 02/11/2025 City of Rancho Cucamonga 450378 02/11/2025 Karen Clark 900.00 0 900.00 Supplier Payment: Iland Internet Solutions: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Iland Internet Solutions 1,200.23 0 1,200.23 Supplier Payment: Bridgeall Libraries Limited: 02/11/2025 City of Rancho Cucamonga 450364 02/11/2025 Bridgeall Libraries Limited 16,640.00 0 16,640.00 Supplier Payment: Absolute Security International Inc: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Absolute Security International Inc 8,255.28 0 8,255.28 Supplier Payment: Crafco Inc: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Crafco Inc 521.30 0 521.30 Supplier Payment: Willdan Group: 02/11/2025 City of Rancho Cucamonga 450405 02/11/2025 Willdan Group 10,860.00 0 10,860.00 Supplier Payment: Computershare Trust Company Na: 02/11/2025 City of Rancho Cucamonga 450368 02/11/2025 Computershare Trust Company Na 2,000.00 0 2,000.00 Supplier Payment: Ida Tyus: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Ida Tyus 820.80 0 820.80 Supplier Payment: Dfm Associates: 02/11/2025 City of Rancho Cucamonga 450370 02/11/2025 Dfm Associates 150.15 0 150.15 Supplier Payment: Richards Watson & Gershon: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Richards Watson & Gershon 4,068.93 0 4,068.93 Supplier Payment: Napa Auto Parts: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Napa Auto Parts 1,843.53 0 1,843.53 Supplier Payment: Pedrag V. Pecic: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Pedrag V. Pecic 3,000.00 0 3,000.00 Supplier Payment: Active Network Llc: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Active Network Llc 643.81 0 643.81 Supplier Payment: West Coast Arborists Inc: 02/11/2025 City of Rancho Cucamonga 450403 02/11/2025 West Coast Arborists Inc 142,084.07 0 142,084.07 Page 17 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 4 of 16 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: Generator Services Co Inc: 02/11/2025 City of Rancho Cucamonga 02/11/2025 Generator Services Co Inc 1,107.60 0 1,107.60 Supplier Payment: Kimball Midwest: 02/11/2025 City of Rancho Cucamonga 450379 02/11/2025 Kimball Midwest 862.95 0 862.95 Supplier Payment: Factory Motor Parts: 02/11/2025 Rancho Cucamonga Fire Protection District 450371 02/11/2025 Factory Motor Parts 0 1,649.22 1,649.22 Supplier Payment: Barbara'S Answering Service: 02/11/2025 City of Rancho Cucamonga 450363 02/11/2025 Barbara'S Answering Service 552.00 0 552.00 Supplier Payment: Cintas Corporation: 02/11/2025 City of Rancho Cucamonga 450366 02/11/2025 Cintas Corporation 977.94 0 977.94 Supplier Payment: Stotz Equipment: 02/11/2025 City of Rancho Cucamonga 450394 02/11/2025 Stotz Equipment 545.15 0 545.15 Supplier Payment: Cintas Corporation: 02/11/2025 Rancho Cucamonga Fire Protection District 450365 02/11/2025 Cintas Corporation 0 461.75 461.75 Supplier Payment: Access Toolkit: 02/11/2025 City of Rancho Cucamonga 450359 02/11/2025 Access Toolkit 1,785.00 0 1,785.00 Supplier Payment: Graphics Factory Printing Inc: 02/11/2025 City of Rancho Cucamonga 450375 02/11/2025 Graphics Factory Printing Inc 133.07 0 133.07 Supplier Payment: Monet Construction, Inc.: 02/11/2025 City of Rancho Cucamonga 450408 02/11/2025 Monet Construction, Inc.245,734.35 0 245,734.35 Supplier Payment: Arrow Trailer Supplies Inc: 02/11/2025 City of Rancho Cucamonga 450407 02/11/2025 Arrow Trailer Supplies Inc 3,888.59 0 3,888.59 Supplier Payment: Odp Business Solutions Llc: 02/11/2025 City of Rancho Cucamonga 450409 02/11/2025 Odp Business Solutions Llc 2,209.92 0 2,209.92 Supplier Payment: Southern California Edison: 02/11/2025 City of Rancho Cucamonga 450410 02/11/2025 Southern California Edison 232.43 0 232.43 Supplier Payment: Johnny Allen Tennis Academy: 02/13/2025 City of Rancho Cucamonga 02/13/2025 Johnny Allen Tennis Academy 1,930.20 0 1,930.20 Supplier Payment: Vista Paint: 02/13/2025 City of Rancho Cucamonga 450460 02/13/2025 Vista Paint 480.57 0 480.57 Supplier Payment: Marisa Maverhan- Lane: 02/13/2025 City of Rancho Cucamonga 450444 02/13/2025 Marisa Maverhan-Lane 4,200.00 0 4,200.00 Supplier Payment: Montgomery Hardware Co: 02/13/2025 City of Rancho Cucamonga 450447 02/13/2025 Montgomery Hardware Co 834.76 0 834.76 Supplier Payment: San Marino Roof Co Inc: 02/13/2025 City of Rancho Cucamonga 450454 02/13/2025 San Marino Roof Co Inc 6,300.00 0 6,300.00 Supplier Payment: Cintas Corporation: 02/13/2025 Rancho Cucamonga Fire Protection District 450435 02/13/2025 Cintas Corporation 0 102.30 102.30 Supplier Payment: RailPros Field Service Inc.: 02/13/2025 City of Rancho Cucamonga 450450 02/13/2025 RailPros Field Service Inc.12,566.00 0 12,566.00 Page 18 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 5 of 16 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: Jorry Keith: 02/13/2025 City of Rancho Cucamonga 02/13/2025 Jorry Keith 81.00 0 81.00 Supplier Payment: Sharon Ott: 02/13/2025 City of Rancho Cucamonga 02/13/2025 Sharon Ott 1,759.80 0 1,759.80 Supplier Payment: Music Tree: 02/13/2025 City of Rancho Cucamonga 02/13/2025 Music Tree 162.00 0 162.00 Supplier Payment: Bmla Inc: 02/13/2025 City of Rancho Cucamonga 450432 02/13/2025 Bmla Inc 750.00 0 750.00 Supplier Payment: Midwest Veterinary Supply Inc: 02/13/2025 City of Rancho Cucamonga 450446 02/13/2025 Midwest Veterinary Supply Inc 90.09 0 90.09 Supplier Payment: Covetrus North America: 02/13/2025 City of Rancho Cucamonga 450437 02/13/2025 Covetrus North America 345.34 0 345.34 Supplier Payment: Such A Voice Llc: 02/13/2025 City of Rancho Cucamonga 450458 02/13/2025 Such A Voice Llc 42.00 0 42.00 Supplier Payment: Cintas Corporation: 02/13/2025 City of Rancho Cucamonga 450436 02/13/2025 Cintas Corporation 229.19 0 229.19 Supplier Payment: Uline: 02/13/2025 City of Rancho Cucamonga 450459 02/13/2025 Uline 566.77 0 566.77 Supplier Payment: Mediwaste Disposal Llc: 02/13/2025 City of Rancho Cucamonga 450445 02/13/2025 Mediwaste Disposal Llc 40.28 0 40.28 Supplier Payment: San Antonio Hospital Foundation, Inc.: 02/13/2025 City of Rancho Cucamonga 450452 02/13/2025 San Antonio Hospital Foundation, Inc. 2,825.00 0 2,825.00 Supplier Payment: Key Medical Resources Inc: 02/13/2025 Rancho Cucamonga Fire Protection District 450442 02/13/2025 Key Medical Resources Inc 0 135.00 135.00 Supplier Payment: Motive Energy Llc: 02/13/2025 City of Rancho Cucamonga 450448 02/13/2025 Motive Energy Llc 840.45 0 840.45 Supplier Payment: San Bernardino County Sheriffs Dept: 02/13/2025 City of Rancho Cucamonga 450453 02/13/2025 San Bernardino County Sheriffs Dept 296.55 0 296.55 Supplier Payment: Robert Morales: 02/13/2025 City of Rancho Cucamonga 450451 02/13/2025 Robert Morales 347.90 0 347.90 Supplier Payment: Dudek: 02/13/2025 City of Rancho Cucamonga 450440 02/13/2025 Dudek 9,790.00 0 9,790.00 Supplier Payment: Graves & King Llp: 02/13/2025 City of Rancho Cucamonga 02/13/2025 Graves & King Llp 6,453.74 0 6,453.74 Supplier Payment: Mwi Animal Health: 02/13/2025 City of Rancho Cucamonga 450449 02/13/2025 Mwi Animal Health 951.49 0 951.49 Supplier Payment: Napa Auto Parts: 02/13/2025 City of Rancho Cucamonga 02/13/2025 Napa Auto Parts 10.21 0 10.21 Supplier Payment: Waxie Sanitary Supply: 02/13/2025 City of Rancho Cucamonga 450461 02/13/2025 Waxie Sanitary Supply 4,498.51 0 4,498.51 Supplier Payment: Southern California Edison: 02/13/2025 City of Rancho Cucamonga 450456 02/13/2025 Southern California Edison 155.15 0 155.15 Page 19 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 6 of 16 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: West Coast Arborists Inc: 02/13/2025 City of Rancho Cucamonga 450462 02/13/2025 West Coast Arborists Inc 19,223.71 0 19,223.71 Supplier Payment: G/M Business Interiors: 02/13/2025 City of Rancho Cucamonga 02/13/2025 G/M Business Interiors 146.20 0 146.20 Supplier Payment: Charter Communications: 02/13/2025 City of Rancho Cucamonga 450434 02/13/2025 Charter Communications 16,745.44 0 16,745.44 Supplier Payment: Daisyeco Inc: 02/13/2025 City of Rancho Cucamonga 450439 02/13/2025 Daisyeco Inc 57.75 0 57.75 Supplier Payment: Mariposa Landscapes Inc: 02/13/2025 City of Rancho Cucamonga 02/13/2025 Mariposa Landscapes Inc 11,700.00 0 11,700.00 Supplier Payment: Speedy Vehicle Registration Services: 02/13/2025 City of Rancho Cucamonga 450457 02/13/2025 Speedy Vehicle Registration Services 928.00 0 928.00 Supplier Payment: Hill'S Pet Nutrition Sales Inc: 02/13/2025 City of Rancho Cucamonga 450441 02/13/2025 Hill'S Pet Nutrition Sales Inc 289.25 0 289.25 Supplier Payment: Level 3 Communications Llc: 02/13/2025 City of Rancho Cucamonga 450443 02/13/2025 Level 3 Communications Llc 4,030.66 0 4,030.66 Supplier Payment: San Bernardino County: 02/13/2025 City of Rancho Cucamonga 02/13/2025 San Bernardino County 40.00 0 40.00 Supplier Payment: Brightview Landscape Services Inc: 02/13/2025 City of Rancho Cucamonga 02/13/2025 Brightview Landscape Services Inc 28,218.75 0 28,218.75 Supplier Payment: Social Vocational Services: 02/13/2025 City of Rancho Cucamonga 450455 02/13/2025 Social Vocational Services 4,900.50 0 4,900.50 Supplier Payment: D & K Concrete Company: 02/13/2025 City of Rancho Cucamonga 450438 02/13/2025 D & K Concrete Company 3,458.35 0 3,458.35 Supplier Payment: Bordin Semmer Llp: 02/13/2025 City of Rancho Cucamonga 450433 02/13/2025 Bordin Semmer Llp 10,775.78 0 10,775.78 Supplier Payment: Fleetcrew: 02/20/2025 City of Rancho Cucamonga 450492 02/20/2025 Fleetcrew 2,419.25 0 2,419.25 Supplier Payment: Diane Carty: 02/20/2025 City of Rancho Cucamonga 450489 02/20/2025 Diane Carty 324.00 0 324.00 Supplier Payment: Vca Central Animal Hospital: 02/20/2025 City of Rancho Cucamonga 450533 02/20/2025 Vca Central Animal Hospital 37.85 0 37.85 Supplier Payment: Steven Campbell: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Steven Campbell 0 1,011.40 1,011.40 Supplier Payment: Jeffrey Roeder: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Jeffrey Roeder 0 1,011.40 1,011.40 Supplier Payment: Richard Toll: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Richard Toll 0 3,127.70 3,127.70 Page 20 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 7 of 16 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: James Dague: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 James Dague 0 1,011.40 1,011.40 Supplier Payment: Kenneth Mcneil: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Kenneth Mcneil 0 1,011.40 1,011.40 Supplier Payment: Kenneth Walker: 02/20/2025 Rancho Cucamonga Fire Protection District 450504 02/20/2025 Kenneth Walker 0 426.70 426.70 Supplier Payment: Beverly Mackall: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Beverly Mackall 0 185.08 185.08 Supplier Payment: David W Larkin: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 David W Larkin 0 768.52 768.52 Supplier Payment: Heritage Wellness Collective: 02/20/2025 City of Rancho Cucamonga 450498 02/20/2025 Heritage Wellness Collective 1,355.00 0 1,355.00 Supplier Payment: Francis Vanderkallen: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Francis Vanderkallen 0 1,011.40 1,011.40 Supplier Payment: Susan De Antonio: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Susan De Antonio 0 1,105.73 1,105.73 Supplier Payment: Citrus Motors Ontario Inc: 02/20/2025 City of Rancho Cucamonga 450481 02/20/2025 Citrus Motors Ontario Inc 1,804.08 0 1,804.08 Supplier Payment: Graphics Factory Printing Inc: 02/20/2025 City of Rancho Cucamonga 450496 02/20/2025 Graphics Factory Printing Inc 198.26 0 198.26 Supplier Payment: Wt Construction Services Inc: 02/20/2025 City of Rancho Cucamonga 450545 02/20/2025 Wt Construction Services Inc 809.22 0 809.22 Supplier Payment: Patrick Proulx: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Patrick Proulx 0 1,690.43 1,690.43 Supplier Payment: Holliday Rock Co Inc: 02/20/2025 City of Rancho Cucamonga 450499 02/20/2025 Holliday Rock Co Inc 1,061.50 0 1,061.50 Supplier Payment: Jorry Keith: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Jorry Keith 45.00 0 45.00 Supplier Payment: Allan J Lee: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Allan J Lee 0 426.70 426.70 Supplier Payment: Stephen Kilmer: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Stephen Kilmer 0 1,695.04 1,695.04 Supplier Payment: Gentry General Engineering Inc: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Gentry General Engineering Inc 26,476.25 0 26,476.25 Page 21 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 8 of 16 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: Mary Jane Nelson: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Mary Jane Nelson 0 185.08 185.08 Supplier Payment: Richard Clabby: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Richard Clabby 0 817.12 817.12 Supplier Payment: Cheryl L Roberts: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Cheryl L Roberts 0 3,077.83 3,077.83 Supplier Payment: Custom Truck One Source, Inc.: 02/20/2025 City of Rancho Cucamonga 450488 02/20/2025 Custom Truck One Source, Inc. 2,639.07 0 2,639.07 Supplier Payment: Civic Solutions Inc: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Civic Solutions Inc 16,785.00 0 16,785.00 Supplier Payment: Patton Sales Corp: 02/20/2025 City of Rancho Cucamonga 450514 02/20/2025 Patton Sales Corp 452.55 0 452.55 Supplier Payment: Anderson'S Playschool: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Anderson'S Playschool 4,170.00 0 4,170.00 Supplier Payment: Myers Tire Supply Company: 02/20/2025 City of Rancho Cucamonga 450512 02/20/2025 Myers Tire Supply Company 154.23 0 154.23 Supplier Payment: Upland Animal Hospital: 02/20/2025 City of Rancho Cucamonga 450531 02/20/2025 Upland Animal Hospital 100.00 0 100.00 Supplier Payment: Southern California News Group: 02/20/2025 City of Rancho Cucamonga 450523 02/20/2025 Southern California News Group 2,187.24 0 2,187.24 Supplier Payment: Donald Heyde: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Donald Heyde 0 1,011.40 1,011.40 Supplier Payment: Humane Society Of San Bernardino Valley: 02/20/2025 City of Rancho Cucamonga 450501 02/20/2025 Humane Society Of San Bernardino Valley 483.00 0 483.00 Supplier Payment: Yunex Llc: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Yunex Llc 6,778.02 0 6,778.02 Supplier Payment: Inland Presort & Mailing Services: 02/20/2025 City of Rancho Cucamonga 450502 02/20/2025 Inland Presort & Mailing Services 273.73 0 273.73 Supplier Payment: Carrot-Top Industries Inc: 02/20/2025 City of Rancho Cucamonga 450479 02/20/2025 Carrot-Top Industries Inc 952.13 0 952.13 Supplier Payment: Calix Inc: 02/20/2025 City of Rancho Cucamonga 450478 02/20/2025 Calix Inc 7,975.00 0 7,975.00 Supplier Payment: Sovic Creative: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Sovic Creative 4,500.00 0 4,500.00 Supplier Payment: Victoria Bantau: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Victoria Bantau 0 658.62 658.62 Page 22 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 9 of 16 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: Sbctoa: 02/20/2025 Rancho Cucamonga Fire Protection District 450515 02/20/2025 Sbctoa 0 2,470.00 2,470.00 Supplier Payment: Robert Eggers: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Robert Eggers 0 1,011.40 1,011.40 Supplier Payment: Steven Taylor: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Steven Taylor 0 2,369.46 2,369.46 Supplier Payment: Swank Motion Pictures Inc: 02/20/2025 City of Rancho Cucamonga 450525 02/20/2025 Swank Motion Pictures Inc 3,120.00 0 3,120.00 Supplier Payment: Rincon Consultants Inc: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Rincon Consultants Inc 49,297.64 0 49,297.64 Supplier Payment: Directv: 02/20/2025 City of Rancho Cucamonga 450490 02/20/2025 Directv 107.24 0 107.24 Supplier Payment: Michael R Post: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Michael R Post 0 2,331.10 2,331.10 Supplier Payment: Cobra Professionals, INC.: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Cobra Professionals, INC.0 312.30 312.30 Supplier Payment: Richards Watson & Gershon: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Richards Watson & Gershon 14,391.48 0 14,391.48 Supplier Payment: Jay Davenport: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Jay Davenport 0 3,077.83 3,077.83 Supplier Payment: Hose-Man Inc: 02/20/2025 Rancho Cucamonga Fire Protection District 450500 02/20/2025 Hose-Man Inc 0 343.24 343.24 Supplier Payment: Coast Recreation Inc: 02/20/2025 City of Rancho Cucamonga 450482 02/20/2025 Coast Recreation Inc 866.40 0 866.40 Supplier Payment: Vision Communications Co: 02/20/2025 City of Rancho Cucamonga 450537 02/20/2025 Vision Communications Co 2,224.00 0 2,224.00 Supplier Payment: San Bernardino County Sheriff'S Dept: 02/20/2025 City of Rancho Cucamonga 02/20/2025 San Bernardino County Sheriff'S Dept 3,848,934.47 0 3,848,934.47 Supplier Payment: Anthony Varney: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Anthony Varney 0 1,011.40 1,011.40 Supplier Payment: The Kindred Corporation: 02/20/2025 City of Rancho Cucamonga 450527 02/20/2025 The Kindred Corporation 806.96 0 806.96 Supplier Payment: Shaw Integrated & Turf Solutions, Inc.: 02/20/2025 City of Rancho Cucamonga 450517 02/20/2025 Shaw Integrated & Turf Solutions, Inc. 1,852.72 0 1,852.72 Page 23 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 10 of 16 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: Robin Brock: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Robin Brock 0 1,011.40 1,011.40 Supplier Payment: Scott D Sorensen: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Scott D Sorensen 0 1,671.25 1,671.25 Supplier Payment: Wilson & Bell Auto Service: 02/20/2025 City of Rancho Cucamonga 450543 02/20/2025 Wilson & Bell Auto Service 320.00 0 320.00 Supplier Payment: Viola Spagnolo: 02/20/2025 Rancho Cucamonga Fire Protection District 450536 02/20/2025 Viola Spagnolo 0 329.56 329.56 Supplier Payment: Siteone Landscape Supply Llc: 02/20/2025 City of Rancho Cucamonga 450519 02/20/2025 Siteone Landscape Supply Llc 8,985.18 0 8,985.18 Supplier Payment: L. Dennis Michael: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 L. Dennis Michael 0 1,011.40 1,011.40 Supplier Payment: Michael Nauman: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Michael Nauman 0 528.16 528.16 Supplier Payment: Kenneth Carnes: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Kenneth Carnes 0 185.08 185.08 Supplier Payment: Shred Pros: 02/20/2025 City of Rancho Cucamonga 450518 02/20/2025 Shred Pros 65.00 0 65.00 Supplier Payment: Corodata Media Storage Inc: 02/20/2025 City of Rancho Cucamonga 450485 02/20/2025 Corodata Media Storage Inc 180.20 0 180.20 Supplier Payment: Ron Mayfield: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Ron Mayfield 0 1,011.40 1,011.40 Supplier Payment: William Lane: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 William Lane 0 1,011.40 1,011.40 Supplier Payment: William Spain: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 William Spain 0 528.16 528.16 Supplier Payment: Vulcan Materials Company: 02/20/2025 City of Rancho Cucamonga 450538 02/20/2025 Vulcan Materials Company 423.56 0 423.56 Supplier Payment: Iteris Inc: 02/20/2025 City of Rancho Cucamonga 450503 02/20/2025 Iteris Inc 144,277.25 0 144,277.25 Supplier Payment: Colts Landscape Inc: 02/20/2025 City of Rancho Cucamonga 450484 02/20/2025 Colts Landscape Inc 33,080.71 0 33,080.71 Supplier Payment: K-K Woodworking: 02/20/2025 City of Rancho Cucamonga 450506 02/20/2025 K-K Woodworking 64.59 0 64.59 Page 24 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 11 of 16 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: Ascent Environmental Inc: 02/20/2025 City of Rancho Cucamonga 450474 02/20/2025 Ascent Environmental Inc 12,616.14 0 12,616.14 Supplier Payment: Eric Noreen: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Eric Noreen 0 3,127.70 3,127.70 Supplier Payment: Thomas Salisbury: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Thomas Salisbury 0 1,011.40 1,011.40 Supplier Payment: James Curatalo: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 James Curatalo 0 1,011.40 1,011.40 Supplier Payment: Ronald Smith: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Ronald Smith 0 528.16 528.16 Supplier Payment: Charlene Dominick: 02/20/2025 Rancho Cucamonga Fire Protection District 450480 02/20/2025 Charlene Dominick 0 426.70 426.70 Supplier Payment: Gerald Campbell: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Gerald Campbell 0 528.16 528.16 Supplier Payment: Wilbur Crossland: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Wilbur Crossland 0 528.16 528.16 Supplier Payment: Merrimac Petroleum Inc: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Merrimac Petroleum Inc 34,919.11 0 34,919.11 Supplier Payment: Philip Loncar: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Philip Loncar 0 2,331.10 2,331.10 Supplier Payment: Waxie Sanitary Supply: 02/20/2025 City of Rancho Cucamonga 450539 02/20/2025 Waxie Sanitary Supply 7,224.23 0 7,224.23 Supplier Payment: Bill & Wag'S Inc: 02/20/2025 Rancho Cucamonga Fire Protection District 450477 02/20/2025 Bill & Wag'S Inc 0 1,582.35 1,582.35 Supplier Payment: Ivan M Rojer: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Ivan M Rojer 0 2,250.95 2,250.95 Supplier Payment: Paul E Lenze: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Paul E Lenze 0 1,011.40 1,011.40 Supplier Payment: Lloyd Almand: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Lloyd Almand 0 426.70 426.70 Page 25 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 12 of 16 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: Victor Rodriguez: 02/20/2025 Rancho Cucamonga Fire Protection District 450535 02/20/2025 Victor Rodriguez 0 1,011.40 1,011.40 Supplier Payment: Brent Roberts: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Brent Roberts 0 1,086.55 1,086.55 Supplier Payment: Dennis Myskow: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Dennis Myskow 0 1,695.04 1,695.04 Supplier Payment: Gray Quarter, Inc.: 02/20/2025 City of Rancho Cucamonga 450497 02/20/2025 Gray Quarter, Inc.5,655.00 0 5,655.00 Supplier Payment: Timothy A Yowell: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Timothy A Yowell 0 1,011.40 1,011.40 Supplier Payment: United Site Services: 02/20/2025 City of Rancho Cucamonga 450529 02/20/2025 United Site Services 305.29 0 305.29 Supplier Payment: 30th Anniversary of Rock n' Roll, Inc.: 02/20/2025 City of Rancho Cucamonga 450470 02/20/2025 30th Anniversary of Rock n' Roll, Inc. 17,211.60 0 17,211.60 Supplier Payment: Covetrus North America: 02/20/2025 City of Rancho Cucamonga 450486 02/20/2025 Covetrus North America 781.47 0 781.47 Supplier Payment: Unity Courier Service Inc: 02/20/2025 City of Rancho Cucamonga 450530 02/20/2025 Unity Courier Service Inc 657.35 0 657.35 Supplier Payment: Patrick Jerkins: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Patrick Jerkins 0 1,695.04 1,695.04 Supplier Payment: Tim Fejeran: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Tim Fejeran 0 2,250.95 2,250.95 Supplier Payment: William M Kirkpatrick: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 William M Kirkpatrick 0 907.46 907.46 Supplier Payment: Alexander R Ahumada: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Alexander R Ahumada 0 1,011.40 1,011.40 Supplier Payment: Antelope Expansion 3B Llc: 02/20/2025 City of Rancho Cucamonga 450473 02/20/2025 Antelope Expansion 3B Llc 11,479.72 0 11,479.72 Supplier Payment: Byron Morgan: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Byron Morgan 0 515.44 515.44 Supplier Payment: Socal Gas - Remit-To: Yard - Socal Gas: 02/20/2025 City of Rancho Cucamonga 450522 02/20/2025 Socal Gas 1,857.71 0 1,857.71 Page 26 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 13 of 16 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: Peter Magnuson: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Peter Magnuson 0 1,685.46 1,685.46 Supplier Payment: Western Systems Inc: 02/20/2025 City of Rancho Cucamonga 450541 02/20/2025 Western Systems Inc 53,560.20 0 53,560.20 Supplier Payment: Rosalyn Interlicchia: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Rosalyn Interlicchia 0 426.70 426.70 Supplier Payment: Constellation Energy Generation Llc: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Constellation Energy Generation Llc 623,356.00 0 623,356.00 Supplier Payment: Bab Steering Hydraulics Inc: 02/20/2025 Rancho Cucamonga Fire Protection District 450476 02/20/2025 Bab Steering Hydraulics Inc 0 22.48 22.48 Supplier Payment: John D Fritchey: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 John D Fritchey 0 658.62 658.62 Supplier Payment: Michael Redmond: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Michael Redmond 0 1,011.40 1,011.40 Supplier Payment: Leyva's Construction Corp: 02/20/2025 City of Rancho Cucamonga 450507 02/20/2025 Leyva's Construction Corp 1,500.00 0 1,500.00 Supplier Payment: Kimley-Horn & Associates Inc: 02/20/2025 City of Rancho Cucamonga 450505 02/20/2025 Kimley-Horn & Associates Inc 59,802.00 0 59,802.00 Supplier Payment: Joe Longo: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Joe Longo 0 185.08 185.08 Supplier Payment: Terry Tuley: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Terry Tuley 0 2,369.46 2,369.46 Supplier Payment: Dell Marketing Lp: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Dell Marketing Lp 0 4,007.81 4,007.81 Supplier Payment: Alta Rancho Pet & Bird Hospital: 02/20/2025 City of Rancho Cucamonga 450471 02/20/2025 Alta Rancho Pet & Bird Hospital 200.00 0 200.00 Supplier Payment: Scott Mcleod Plumbing Inc: 02/20/2025 City of Rancho Cucamonga 450516 02/20/2025 Scott Mcleod Plumbing Inc 4,914.00 0 4,914.00 Supplier Payment: Kevin Walton: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Kevin Walton 0 658.62 658.62 Supplier Payment: Mariposa Landscapes Inc: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Mariposa Landscapes Inc 52,770.75 0 52,770.75 Supplier Payment: Darrell Luttrull: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Darrell Luttrull 0 528.16 528.16 Page 27 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 14 of 16 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: Grainger: 02/20/2025 City of Rancho Cucamonga 450495 02/20/2025 Grainger 822.45 0 822.45 Supplier Payment: Ct West Inc: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Ct West Inc 11,547.01 0 11,547.01 Supplier Payment: Willdan Group: 02/20/2025 City of Rancho Cucamonga 450542 02/20/2025 Willdan Group 28,852.72 0 28,852.72 Supplier Payment: Daniel A Moisa: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Daniel A Moisa 547.20 0 547.20 Supplier Payment: The Counseling Team International: 02/20/2025 Rancho Cucamonga Fire Protection District 450526 02/20/2025 The Counseling Team International 0 1,430.00 1,430.00 Supplier Payment: Napa Auto Parts: 02/20/2025 City of Rancho Cucamonga 02/20/2025 Napa Auto Parts 988.39 0 988.39 Supplier Payment: Dennis M Costello: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Dennis M Costello 0 3,077.83 3,077.83 Supplier Payment: CCAE Theatricals Inc.: 02/20/2025 City of Rancho Cucamonga 02/20/2025 CCAE Theatricals Inc.22,449.86 0 22,449.86 Supplier Payment: Karl Cox: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Karl Cox 0 1,011.40 1,011.40 Supplier Payment: James Sullivan: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 James Sullivan 0 528.16 528.16 Supplier Payment: David Berry: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 David Berry 0 1,011.40 1,011.40 Supplier Payment: Midwest Veterinary Supply Inc: 02/20/2025 City of Rancho Cucamonga 450509 02/20/2025 Midwest Veterinary Supply Inc 876.18 0 876.18 Supplier Payment: John Mckee: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 John Mckee 0 1,011.40 1,011.40 Supplier Payment: Anixter Inc: 02/20/2025 City of Rancho Cucamonga 450472 02/20/2025 Anixter Inc 87,961.71 0 87,961.71 Supplier Payment: West Coast Arborists Inc: 02/20/2025 City of Rancho Cucamonga 450540 02/20/2025 West Coast Arborists Inc 25,548.96 0 25,548.96 Supplier Payment: Donald R Cloughesy: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Donald R Cloughesy 0 2,369.46 2,369.46 Supplier Payment: Michael L Bell: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Michael L Bell 0 2,369.46 2,369.46 Page 28 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 15 of 16 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: Michael J Ploung: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Michael J Ploung 0 1,011.40 1,011.40 Supplier Payment: Frontier Comm: 02/20/2025 Rancho Cucamonga Fire Protection District 450494 02/20/2025 Frontier Comm 0 553.65 553.65 Supplier Payment: Frontier Comm: 02/20/2025 City of Rancho Cucamonga 450493 02/20/2025 Frontier Comm 1,836.02 0 1,836.02 Supplier Payment: Collins & Collins Llp: 02/20/2025 City of Rancho Cucamonga 450483 02/20/2025 Collins & Collins Llp 1,070.00 0 1,070.00 Supplier Payment: Tom O'Brien: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Tom O'Brien 0 2,369.46 2,369.46 Supplier Payment: USIQ Inc.: 02/20/2025 City of Rancho Cucamonga 450532 02/20/2025 USIQ Inc.2,152.85 0 2,152.85 Supplier Payment: Jackie Deans: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Jackie Deans 0 426.70 426.70 Supplier Payment: Dr Kevin Parkes: 02/20/2025 Rancho Cucamonga Fire Protection District 450491 02/20/2025 Dr Kevin Parkes 0 8,000.00 8,000.00 Supplier Payment: Winzer Corporation: 02/20/2025 Rancho Cucamonga Fire Protection District 450544 02/20/2025 Winzer Corporation 0 182.09 182.09 Supplier Payment: Verizon Wireless - La: 02/20/2025 City of Rancho Cucamonga 450534 02/20/2025 Verizon Wireless - La 6,938.68 0 6,938.68 Supplier Payment: Mrc Smart Technology Solutions: 02/20/2025 City of Rancho Cucamonga 450511 02/20/2025 Mrc Smart Technology Solutions 1,233.74 0 1,233.74 Supplier Payment: Odp Business Solutions Llc: 02/20/2025 City of Rancho Cucamonga 450513 02/20/2025 Odp Business Solutions Llc 4,459.44 0 4,459.44 Supplier Payment: Robert Anthony Corcoran: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Robert Anthony Corcoran 0 1,105.73 1,105.73 Supplier Payment: Cprs: 02/20/2025 City of Rancho Cucamonga 450487 02/20/2025 Cprs 300.00 0 300.00 Supplier Payment: Danny G Holt: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Danny G Holt 0 1,730.68 1,730.68 Supplier Payment: Trimark Associates Inc: 02/20/2025 City of Rancho Cucamonga 450528 02/20/2025 Trimark Associates Inc 2,136.00 0 2,136.00 Supplier Payment: Mcfadden-Dale Hardware: 02/20/2025 City of Rancho Cucamonga 450508 02/20/2025 Mcfadden-Dale Hardware 106.14 0 106.14 Page 29 Council Meeting Check Register - without SoCal Gas 07:41 AM 02/24/2025 Page 16 of 16 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: Stotz Equipment: 02/20/2025 City of Rancho Cucamonga 450524 02/20/2025 Stotz Equipment 3,685.66 0 3,685.66 Supplier Payment: Susan Bazal: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Susan Bazal 0 426.70 426.70 Supplier Payment: Michael Eagleson: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Michael Eagleson 0 2,331.10 2,331.10 Supplier Payment: MNS Engineers, Inc.: 02/20/2025 City of Rancho Cucamonga 450510 02/20/2025 MNS Engineers, Inc.16,032.50 0 16,032.50 Supplier Payment: Autolift Services Inc: 02/20/2025 City of Rancho Cucamonga 450475 02/20/2025 Autolift Services Inc 1,989.08 0 1,989.08 Supplier Payment: Ralph Crane: 02/20/2025 Rancho Cucamonga Fire Protection District 02/20/2025 Ralph Crane 0 1,011.40 1,011.40 Supplier Payment: Lu'S Lighthouse Inc: 02/20/2025 City of Rancho Cucamonga 450550 02/20/2025 Lu'S Lighthouse Inc 328.97 0 328.97 Supplier Payment: Lowes Companies Inc: 02/20/2025 City of Rancho Cucamonga 450549 02/20/2025 Lowes Companies Inc 7,839.33 0 7,839.33 Supplier Payment: Southern California Edison: 02/20/2025 City of Rancho Cucamonga 450553 02/20/2025 Southern California Edison 73,482.96 0 73,482.96 Supplier Payment: Mesa Energy Systems Inc: 02/20/2025 City of Rancho Cucamonga 450551 02/20/2025 Mesa Energy Systems Inc 85,917.55 0 85,917.55 Supplier Payment: Lowes Companies Inc: 02/20/2025 Rancho Cucamonga Fire Protection District 450548 02/20/2025 Lowes Companies Inc 0 1,200.95 1,200.95 Supplier Payment: Southern California Edison: 02/20/2025 City of Rancho Cucamonga 450552 02/20/2025 Southern California Edison 53,124.40 0 53,124.40 Supplier Payment: C V W D: 02/20/2025 Rancho Cucamonga Fire Protection District 450547 02/20/2025 C V W D 0 270.28 270.28 Supplier Payment: C V W D: 02/20/2025 City of Rancho Cucamonga 450546 02/20/2025 C V W D 112,401.62 0 112,401.62 6,563,823.33 115,068.51 6,678,891.84 Page 30 DATE:March 5, 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 $2,045.37 Dated February 10, 2025, Through February 23, 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 $22.05 and $2,023.32 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 08:05 AM 02/24/2025 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: 02/10/2025 Payment Date On or Before: 02/23/2025 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: 02/20/2025 Rancho Cucamonga Fire Protection District 450521 02/20/2025 Socal Gas 0 2,023.32 2,023.32 Supplier Payment: Socal Gas: 02/20/2025 City of Rancho Cucamonga 450520 02/20/2025 Socal Gas 22.05 0 22.05 22.05 2,023.32 2,045.37 ATTACHMENT 1 Page 32 DATE:March 5, 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 January 31, 2025 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 January 31, 2025. BACKGROUND: The attached investment schedules as of January 31, 2025, 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 January 31, 2025 (City) Attachment 2 – Investment Schedules as of January 31, 2025 (Fire) Page 33 Page 34 Customer Service PO Box 11813 Harrisburg, PA 17108-1813 ACCOUNT STATEMENT For the Month EndingCITY OF RANCHO CUCAMONGA January 31, 2025 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 Customer Service Page 35 Account Statement Important Disclosures For the Month Ending January 31, 2025 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 January 31, 2025 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 944,269.16 0.00 387,370,104.49 100,658,240.08 775,164.64 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 34,410,502.36 80,098,610.26 4,731,665.68 5,917,642.63 46,997,208.75 2,710,516.50 2,601,613.56 209,902,344.75 100,658,240.08 775,164.64 6.94 16.16 0.95 1.19 9.48 0.55 0.52 42.35 20.30 0.16 Local Agency Investment Fund Passbook/Checking Accounts 0.00 0.00 6,928,791.62 Total $944,269.16 $495,732,300.83 6,928,791.62 1.40 Total $495,732,300.83 100.00% Maturity Distribution (Fixed Income Holdings) Portfolio Holdings Sector Allocation ABS 6.94% Corporate Note 16.16% Bank Note 0.95% Cert of Deposit 1.19% Federal Agency Commercial Mortgage-Backed Security 9.48% 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 108,362,196.34 0.00 21.85 0.00 1.40% Local Agency Investment Fund 0.16% 0.00 0.00 481,016.83 3,749,494.86 109,382,509.92 83,115,741.51 112,819,929.02 77,821,412.35 0.00 0.10 CAMP Pool 20.30%0.76 22.06 16.77 22.76 15.70 0.00 2 to 3 years 3 to 4 years 4 to 5 years Over 5 years Agency Bond / Note 0.52%Total $495,732,300.83 100.00%US TSY Bond / Note 42.35% Weighted Average Days to Maturity 815 PFM Asset Management Summary Page 1 Page 37 Managed Account Summary Statement For the Month Ending January 31, 2025 CITY OF RANCHO CUCAMONGA - Transaction Summary - Managed Account Cash Transactions Summary - Managed Account Opening Market Value $385,690,516.45 Maturities/Calls Sale Proceeds Coupon/Interest/Dividend Income Principal Payments Security Purchases Net Cash Contribution 0.00 9,991,321.84 849,340.80 329,899.68 (11,242,617.16) 0.00 Maturities/Calls (329,899.68) (9,967,921.52) 11,234,728.84 0.00 Principal Dispositions Principal Acquisitions Unsettled Trades C_h_a_n_g_e__in_C_u_r_r_en_t_V_a_l_u_e_____________________ ________________________________________________________________________ Reconciling Transactions 742,680.40 0.00 Closing Market Value $387,370,104.49 Earnings Reconciliation (Cash Basis) - Managed Account Cash Balance Interest/Dividends/Coupons Received Less Purchased Interest Related to Interest/Coupons Plus Net Realized Gains/Losses 872,741.12 (7,888.32) 79,416.36 Closing Cash Balance $308,818.72 Total Cash Basis Earnings $944,269.16 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 390,160,180.19 2,538,207.52 9,991,321.84 329,899.68 849,340.80 (11,242,617.16) (389,165,145.15) (2,377,693.68) Total Accrual Basis Earnings $1,083,494.04 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 January 31, 2025 CITY OF RANCHO CUCAMONGA - Account Summary Sector Allocation Description Par Value Market Value Percent ABS 8.88% Bank Note 1.22% Cert of Deposit 1.53% Corporate Note 20.68% Federal Agency Commercial Mortgage-Backed Security 12.13% 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 220,010,000.00 2,590,000.00 47,077,389.09 209,902,344.75 2,601,613.56 46,997,208.75 54.19 0.67 12.13 83,965,000.00 5,890,000.00 4,675,000.00 82,809,126.76 5,917,642.63 4,731,665.68 34,410,502.36 21.38 1.53 1.22 8.8834,323,890.01 398,531,279.10 387,370,104.49 100.00% 2,538,207.52 389,908,312.01Total Portfolio 398,531,279.10 0.00 0.70% Supra-National Agency Bond / Note 0.67%US TSY Bond / Note 54.19%Unsettled Trades 0.00 Maturity Distribution Characteristics 29.12%Yield to Maturity at Cost 4.00% 4.42% 1042 28.24% Yield to Maturity at Market Weighted Average Days to Maturity21.46%20.09% 0.97%0.12%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 January 31, 2025 CITY OF RANCHO CUCAMONGA - Issuer Summary Credit Quality (S&P Ratings) Market Value Issuer Adobe Inc American Express Co AstraZeneca PLC BA Credit Card Trust Bank of America Corp Bayerische Motoren Werke AG Capital One Financial Corp CarMax Inc of Holdings 2,825,546.56 6,844,627.72 1,606,656.65 6,554,574.90 5,052,909.40 2,710,516.50 2,719,154.08 174,610.28 Percent 0.73 1.77 0.41 1.69 1.30 0.70 0.70 0.05 0.54 0.49 0.06 0.42 1.21 0.53 0.58 0.80 0.70 0.86 11.31 0.82 0.28 1.07 0.61 0.62 0.50 1.53 0.70 0.42 0.58 0.67 1.06 1.28 A NR 1.46% BBB+ 1.38% BBB 0.58% AAA 8.22% 4.99% A+ 8.34% A- 6.89% AA- 1.83%Caterpillar Inc 2,111,067.52 1,912,928.00 240,476.32 Charles Schwab Corp Chippewa Valley Agency Ltd 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 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 1,630,486.26 4,682,011.00 2,039,236.00 2,255,548.50 3,091,571.10 2,707,128.80 3,324,238.41 43,809,807.05 3,187,401.70 1,099,913.56 4,159,013.90 2,345,054.70 2,384,512.80 1,935,254.00 5,920,705.53 2,705,819.20 1,628,184.92 2,236,126.70 2,601,613.56 4,118,645.70 4,948,861.27 AA+ 66.31% 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 January 31, 2025 CITY OF RANCHO CUCAMONGA - Market Value Issuer of Holdings 240,540.51 Percent 0.06 0.40 0.78 0.65 1.03 0.76 0.20 0.17 0.41 0.62 0.65 0.57 0.38 0.87 0.95 54.20 0.46 0.02 1.22 0.45 0.16 Medallion Financial Corp Mercedes-Benz Auto Receivables Trust 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 1,562,299.17 3,013,772.10 2,507,202.50 4,003,576.10 2,960,439.00 782,785.08 659,066.20 1,575,536.22 2,417,637.50 2,524,390.00 2,209,513.40 1,483,283.60 3,358,335.90 3,668,080.80 209,902,344.75 1,765,589.40 85,465.12 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 4,731,665.68 1,739,188.50 615,190.37 Total $387,370,104.49 100.00% 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 January 31, 2025 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 12/31/2020 0.375% 12/31/2025 91282CBC4 91282CBH3 91282CBQ3 91282CGR6 91282CBT7 91282CGV7 9128286S4 912828R36 91282CCF6 91282CCF6 91282CCP4 91282CCP4 91282CCP4 9128282A7 800,000.00 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+ 3,000,000.00 AA+ 4,525,000.00 AA+ Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa 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 09/03/24 04/21/22 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 09/05/24 04/22/22 787,093.75 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 2,818,359.38 3.96 4,249,081.05 3.02 265.19 31.08 797,470.41 2,990,274.59 2,644,368.48 5,201,566.18 2,993,871.80 4,055,188.20 3,893,003.42 3,518,808.57 2,955,031.17 6,096,455.34 1,995,805.46 2,997,617.68 2,855,846.17 4,426,957.73 772,706.40 2,887,407.00 2,546,525.45 5,220,108.40 2,882,460.00 4,075,334.40 3,910,156.00 3,410,437.50 2,866,056.00 5,827,647.20 1,896,562.00 2,844,843.00 2,844,843.00 4,342,407.20 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 5,636.74 92,346.69 7,664.84 46,040.52 24,406.08 12,342.37 3,894.23 7,918.27 34.53 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 51.80 US TREASURY N/B DTD 08/02/2021 0.625% 07/31/2026 51.80 US TREASURY N/B 31,355.30 DTD 08/15/2016 1.500% 08/15/2026 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 January 31, 2025 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 09/30/2021 0.875% 09/30/2026 91282CCZ2 91282CCZ2 91282CDG3 91282CDG3 91282CDG3 912828U24 912828U24 91282CDK4 91282CDK4 91282CDQ1 912828YX2 912828Z78 912828V98 912828V98 1,000,000.00 AA+ 3,900,000.00 AA+ 400,000.00 AA+ 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+ 645,000.00 AA+ 1,950,000.00 AA+ Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa 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 06/02/22 08/01/22 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 06/06/22 08/03/22 878,867.19 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 4.11 625,398.05 2.95 1,911,152.34 2.72 2,980.77 11,625.00 1,156.08 5,780.39 8,670.58 12,928.18 17,237.57 3,028.85 6,263.22 1,795.58 5,445.30 89.09 948,666.80 3,723,259.65 399,146.72 946,602.00 3,691,747.80 379,296.80 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 1,898,365.14 2,917,389.68 2,947,836.23 3,856,146.34 1,327,613.96 2,898,020.44 1,621,812.65 3,339,513.45 2,045,776.29 636,496.30 1,896,484.00 2,844,726.00 2,885,274.00 3,847,032.00 1,327,156.60 2,744,370.25 1,536,767.38 3,362,011.84 2,038,384.90 620,132.02 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 6,704.14 20,268.34US TREASURY N/B 1,932,557.24 1,874,817.75 DTD 02/15/2017 2.250% 02/15/2027 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 January 31, 2025 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 912828ZB9 912828ZB9 912828X88 91282CFB2 91282CAH4 91282CAH4 91282CAH4 91282CFM8 91282CAU5 91282CAU5 91282CLX7 9128283F5 91282CGC9 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 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 01/25/23 03/06/23 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 01/30/23 03/08/23 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 3,013,625.00 3.58 2,459,667.97 4.25 35,339.67 13,639.85 21,536.60 16,887.43 121.55 3,361,859.79 2,685,284.81 4,207,757.23 3,241,673.02 1,557,420.52 1,107,764.84 1,563,995.39 2,496,907.76 3,049,029.91 1,811,348.05 2,792,239.29 795,176.17 3,268,913.00 2,675,993.25 4,225,252.50 3,165,808.80 1,543,249.60 1,091,016.00 1,545,606.00 2,454,786.00 2,990,157.00 1,806,640.00 2,755,126.00 796,812.80 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 2,552.49 3,616.02 5,743.09 42,156.59 2,569.06 3,917.82 7,110.50 15,513.81 8,563.54 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 3,200,000.00 AA+ 2,500,000.00 AA+ 3,091,689.50 2,475,626.52 3,031,750.40 2,473,340.00US TREASURY N/B DTD 01/03/2023 3.875% 12/31/2027 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 January 31, 2025 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 01/03/2023 3.875% 12/31/2027 91282CGC9 91282CBJ9 91282CGH8 9128283W8 9128283W8 9128283W8 91282CBS9 91282CBS9 91282CBZ3 91282CCE9 91282CCE9 91282CCH2 91282CJA0 91282CJF9 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+ 1,700,000.00 AA+ 2,625,000.00 AA+ 6,000,000.00 AA+ 800,000.00 AA+ Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa 06/03/24 11/03/23 01/03/24 03/06/23 04/05/23 11/09/23 07/05/23 10/02/23 06/01/23 07/07/23 07/05/23 11/03/23 12/04/23 04/01/24 06/05/24 11/06/23 01/05/24 03/08/23 04/06/23 11/10/23 07/07/23 10/04/23 06/05/23 07/11/23 07/07/23 11/06/23 12/05/23 04/03/24 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 1,482,984.38 4.26 2,257,089.84 4.75 5,328,750.00 3.77 691,718.75 4.35 2,608,007.81 4.23 2,898,676.76 4.66 6,093,046.88 4.26 7,143,828.13 4.37 8,563.54 64.23 2,455,390.72 2,773,133.14 4,483,311.96 1,919,695.42 2,950,679.24 3,205,802.62 1,555,155.56 2,366,116.87 5,556,247.91 726,337.22 2,473,340.00 2,795,449.80 4,451,892.90 1,912,968.00 2,869,452.00 3,228,133.50 1,548,926.10 2,391,724.13 5,452,032.00 725,031.20 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 439.92 US TREASURY N/B DTD 02/15/2018 2.750% 02/15/2028 25,407.61 38,111.41 42,875.34 7,239.01 11,177.88 19,267.96 1,730.77 6,490.38 3,729.28 94,532.97 87,669.20 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+ 6,000,000.00 AA+ 7,000,000.00 AA+ 2,733,927.09 3,025,752.39 6,072,348.68 7,119,748.79 2,718,867.00 3,050,419.50 6,059,766.00 7,129,612.00 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 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 January 31, 2025 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 11/15/2018 3.125% 11/15/2028 9128285M8 91282CJR3 91282CDW8 91282CDW8 9128286B1 91282CEE7 91282CEM9 91282CEM9 91282CEV9 91282CEV9 91282CFC0 91282CFC0 91282CFL0 91282CFL0 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+ 1,100,000.00 AA+ 2,000,000.00 AA+ Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa 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 11/01/24 10/28/24 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 11/05/24 10/31/24 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 1,084,789.06 4.19 1,977,968.75 4.12 53,867.40 15,911.60 101.52 7,694,822.70 4,677,432.65 1,894,682.83 4,163,916.29 5,308,780.37 5,811,760.44 2,643,534.34 3,843,867.94 2,154,741.44 4,923,278.25 938,125.90 7,664,064.00 4,697,812.80 1,901,812.50 4,075,312.50 5,363,386.10 5,828,728.50 2,593,486.50 3,772,344.00 2,102,460.80 4,778,320.00 929,844.00 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 217.54 US TREASURY N/B DTD 02/15/2019 2.625% 02/15/2029 69,423.40 50,971.15 20,311.64 29,544.20 6,320.44 14,364.64 72.51 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 DTD 08/01/2022 2.625% 07/31/2029 79.77 1,059,771.37 1,085,474.09 1,979,013.90 1,022,828.40 1,077,055.10 1,958,282.00 US TREASURY N/B DTD 09/30/2022 3.875% 09/30/2029 14,520.60 26,401.10US TREASURY N/B DTD 09/30/2022 3.875% 09/30/2029 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 January 31, 2025 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 10/31/2022 4.000% 10/31/2029 91282CFT3 91282CMD0 2,725,000.00 AA+ 2,500,000.00 AA+ Aaa Aaa 12/02/24 01/02/25 12/05/24 01/07/25 2,707,968.75 4.14 2,501,757.81 4.36 28,002.76 9,668.51 2,708,483.60 2,501,740.31 2,681,462.68 2,500,782.50US TREASURY N/B DTD 12/31/2024 4.375% 12/31/2029 Security Type Sub-Total 220,010,000.00 208,975,346.16 3.63 1,202,358.83 212,485,712.92 209,902,344.75 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 37,932.71 2,589,594.08 2,601,613.56 DTD 04/10/2024 4.750% 04/10/2026 Security Type Sub-Total 2,590,000.00 2,589,326.60 4.76 37,932.71 2,589,594.08 2,601,613.56 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 3137HAST4 1,710,000.00 AA+ 1,960,000.00 AA+ 3,150,000.00 AA+ 3,179,650.90 AA+ 3,247,738.18 AA+ 3,000,000.00 AA+ 3,475,000.00 AA+ 2,330,000.00 AA+ Aaa 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 10/25/23 08/22/23 08/22/23 08/01/23 07/27/23 08/22/23 10/19/23 09/14/23 10/31/23 1,624,500.00 5.03 1,835,739.06 4.97 3,152,707.03 4.80 3,179,571.42 4.78 3,126,709.19 5.04 2,934,192.00 5.25 3,423,594.33 4.99 2,255,712.61 5.60 4,863.53 5,216.87 1,661,386.53 1,881,380.55 3,151,878.35 3,179,595.87 3,162,137.30 2,949,957.59 3,436,644.96 2,271,854.62 1,674,678.24 1,897,532.84 3,162,518.10 3,171,202.57 3,187,401.70 3,003,948.00 3,470,930.78 2,344,327.17 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 12,657.66 11,316.12 11,850.00 13,465.63 9,417.08 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 FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028 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 January 31, 2025 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 K507 A2 DTD 09/01/2023 4.800% 09/01/2028 3137HAMS2 3137HB3D4 3137HB3G7 3137HBLV4 3137HCKV3 3137HFNZ4 3137HFF59 3137HDXL9 3137HH6C0 3137HHJL6 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 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 10/20/23 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 2,909,648.43 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 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 2,930,745.11 1,127,449.44 1,716,114.43 1,804,616.30 4,034,121.30 1,329,197.85 2,692,556.78 3,373,658.82 2,399,574.21 3,749,079.59 3,009,654.00 1,143,206.31 1,728,433.16 1,781,535.09 4,067,112.00 1,294,205.04 2,638,636.80 3,322,043.27 2,360,701.45 3,739,142.23 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 47,077,389.09 46,685,505.77 4.85 181,324.26 46,851,949.60 46,997,208.75 GOLDMAN SACHS GROUP INC (CALLABLE) DTD 02/12/2021 0.855% 02/12/2026 38141GXS8 46625HQW3 06051GKM0 1,900,000.00 BBB+A2 A1 A1 02/12/21 07/19/23 05/06/22 02/17/21 07/21/23 05/10/22 1,903,876.00 0.81 1,430,430.00 5.16 1,958,700.00 3.96 7,626.13 16,500.00 22,372.00 1,900,801.11 1,469,876.91 1,987,598.22 1,898,132.30 1,481,013.00 1,995,430.00 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- 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 January 31, 2025 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 IBM CORP DTD 05/15/2019 3.300% 05/15/2026 459200JZ5 04636NAA1 89236TJK2 61761J3R8 61761J3R8 857477CD3 02665WDZ1 14913R2Q9 46625HRV4 172967KY6 63743HFK3 24422EWA3 06051GLE7 38141GWB6 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- A3 A2 A1 A1 A1 Aa3 A3 A2 A1 A3 A2 A1 A1 A2 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 01/11/22 07/05/23 09/02/22 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 01/13/22 07/07/23 09/07/22 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 1,988,720.00 1.82 1,968,420.00 5.58 2,228,539.00 4.64 11,669.17 3,517.50 1,484.84 347.22 1,721,581.47 1,677,544.54 1,104,289.10 1,019,603.00 968,950.98 1,647,670.70 1,606,656.65 1,056,555.70 978,787.00 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 347.22 978,787.00 STATE STREET CORP (CALLABLE) DTD 08/03/2023 5.272% 08/03/2026 2,500,000.00 A 65,167.78 10,255.56 8,752.78 9,833.33 10,666.67 9,342.67 1,888.89 3,104.44 1,229.86 2,500,682.67 1,990,144.36 1,989,037.84 1,019,527.15 1,159,399.96 769,836.38 2,524,390.00 1,897,608.00 1,899,136.00 975,422.00 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- 1,170,270.00 782,785.08NATIONAL 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 2,000,000.00 A 1,995,608.45 1,982,411.45 2,267,641.16 1,897,920.00 2,005,358.00 2,260,881.60 BANK OF AMERICA CORP (CALLABLE) DTD 01/20/2023 5.080% 01/20/2027 2,000,000.00 A- 2,300,000.00 BBB+GOLDMAN SACHS GROUP INC (CALLABLE) DTD 01/26/2017 3.850% 01/26/2027 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 January 31, 2025 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 03/02/2021 1.267% 03/02/2027 89788MAD4 808513BY0 437076CN0 61772BAB9 665859AW4 91324PEG3 91324PEG3 693475AT2 63254ABE7 06051GJS9 459200KT7 89788MAC6 89788MAC6 458140BY5 2,100,000.00 A- 2,000,000.00 A- Baa1 A2 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 08/22/22 10/27/22 09/02/22 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 08/24/22 10/31/22 09/07/22 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 3.61 260,685.00 4.08 1,226,295.00 5.54 2,259,842.00 4.15 11,012.34 20,144.44 16,930.56 1,924.88 14,355.00 3,124.44 10,935.56 15,750.00 16,921.67 476.85 2,036,418.16 1,956,104.59 1,971,416.00 478,257.78 2,020,972.80 1,912,928.00 1,935,254.00 480,646.00 CHARLES 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- 300,000.00 A- A1 NORTHERN TRUST CORP (CALLABLE) DTD 05/10/2022 4.000% 05/10/2027 A2 1,601,875.95 399,900.84 1,575,536.22 392,353.20UNITEDHEALTH 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 1,405,669.22 2,481,477.05 2,987,719.11 1,028,663.61 2,529,973.71 280,066.26 1,373,236.20 2,417,637.50 2,960,439.00 1,052,121.40 2,470,975.00 274,518.00 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) DTD 07/27/2022 4.150% 07/27/2027 A3 1,152.78 1,668.75 8,343.75 42,166.67 TRUIST FINANCIAL CORP (CALLABLE) DTD 08/03/2020 1.125% 08/03/2027 Baa1 Baa1 Baa1 TRUIST FINANCIAL CORP (CALLABLE) DTD 08/03/2020 1.125% 08/03/2027 1,500,000.00 A- 2,300,000.00 BBB 1,355,793.28 2,279,466.72 1,372,590.00 2,236,126.70INTEL CORP (CALLABLE) DTD 08/05/2022 3.750% 08/05/2027 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 January 31, 2025 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 TOYOTA MOTOR CREDIT CORP DTD 09/20/2022 4.550% 09/20/2027 89236TKJ3 882508BC7 20030NEA5 61747YFP5 46647PEE2 427866BH0 30303M8L9 58933YBH7 02665WEM9 24422EXB0 05565ECE3 17325FBB3 21688ABC5 46647PEU6 2,300,000.00 A+ 2,300,000.00 A+ 2,000,000.00 A- 1,540,000.00 A- A1 Aa3 A3 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 10/02/23 01/10/24 01/16/25 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 10/04/23 01/12/24 01/24/25 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 3,383,136.00 5.92 2,253,150.00 4.77 1,400,000.00 4.92 38,080.97 16,304.44 22,588.89 26,112.24 16,469.27 24,650.00 24,277.78 25,391.25 2,733.33 2,286,945.40 2,220,557.89 2,049,142.47 1,546,186.83 1,077,395.55 2,415,455.74 2,503,093.03 3,035,349.43 797,511.48 2,301,780.20 2,209,513.40 2,039,236.00 1,565,356.10 1,091,951.67 2,384,512.80 2,507,202.50 3,013,772.10 808,211.20 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 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 1,870.00 803,755.63 809,208.80 BMW US CAPITAL LLC (CALLABLE) DTD 08/11/2023 5.050% 08/11/2028 2,700,000.00 A2 64,387.50 66,863.46 6,600.00 2,678,477.96 3,387,158.87 2,252,549.62 1,400,000.00 2,710,516.50 3,511,741.00 2,255,548.50 1,400,474.60 CITIBANK NA (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028 3,400,000.00 A+ 2,250,000.00 A+ Aa3 Aa2 A1 COOPERAT RABOBANK UA/NY DTD 01/09/2024 4.800% 01/09/2029 JPMORGAN CHASE & CO (CALLABLE) DTD 01/24/2025 4.915% 01/24/2029 1,400,000.00 A 1,337.97 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 January 31, 2025 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 CISCO SYSTEMS INC (CALLABLE) DTD 02/26/2024 4.850% 02/26/2029 17275RBR2 14913UAQ3 00724PAJ8 1,620,000.00 AA-A1 A2 A1 02/21/24 08/12/24 01/14/25 02/26/24 08/16/24 01/17/25 1,619,433.00 4.86 214,417.35 4.44 2,790,723.65 4.98 33,828.75 4,311.20 5,380.38 1,619,532.63 214,465.90 1,630,486.26 211,931.52CATERPILLAR FINL SERVICE DTD 08/16/2024 4.375% 08/16/2029 215,000.00 A ADOBE INC (CALLABLE)2,795,000.00 A+2,790,759.37 2,825,546.56 DTD 01/17/2025 4.950% 01/17/2030 Security Type Sub-Total Certificate of Deposit 83,965,000.00 82,924,097.25 4.02 730,201.18 83,395,674.83 82,809,126.76 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 7.38 245,000.00 245,000.00 240,476.32 240,540.51MEDALLION BANK UTAH DTD 07/30/2020 0.550% 07/30/2025 NATIXIS NY BRANCH DTD 09/20/2023 5.610% 09/18/2026 48,744.67 147,560.00 2,300,000.00 3,100,000.00 2,345,054.70 3,091,571.10CREDIT 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 4.75 196,322.12 5,890,000.00 5,917,642.63 WELLS FARGO BANK NA (CALLABLE) DTD 08/09/2023 5.450% 08/07/2026 94988J6D4 4,675,000.00 A+Aa2 08/03/23 08/09/23 4,672,195.00 5.47 123,147.29 4,673,579.28 4,731,665.68 Security Type Sub-Total Asset-Backed Security 4,675,000.00 4,672,195.00 5.47 123,147.29 4,673,579.28 4,731,665.68 HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 43815GAC3 14317DAC4 89,948.50 NR Aaa Aaa 11/16/21 07/21/21 11/24/21 07/28/21 89,929.53 0.89 175,656.04 0.56 21.99 42.95 89,944.06 89,381.46 CARMX 2021-3 A3 175,684.94 AAA 175,676.82 174,610.28 DTD 07/28/2021 0.550% 06/15/2026 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 January 31, 2025 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 VALET 2021-1 A3 DTD 12/13/2021 1.020% 06/22/2026 92868KAC7 448977AD0 380146AC4 43813YAB8 98164RAB2 65480MAD5 02582JJZ4 14041NGD7 02582JJZ4 05522RDG0 254683CZ6 438123AC5 89237QAD2 448976AD2 85,803.36 AAA 419,927.54 AAA 129,159.17 AAA 2,440,000.00 NR 614,366.50 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 1,475,000.00 AAA 1,215,000.00 AAA Aaa NR 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 07/23/24 10/08/24 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 07/30/24 10/16/24 85,800.00 1.02 419,911.37 2.22 129,147.95 1.26 2,439,808.95 4.89 614,318.40 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 1,474,999.12 4.88 1,214,911.06 4.41 26.74 414.33 85,802.33 419,921.52 85,465.12 417,222.36HART 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 NR 67.81 129,155.01 128,163.23 HAROT 2024-3 A2 DTD 08/21/2024 4.890% 02/22/2027 Aaa NR 3,314.33 1,378.91 1,713.11 4,328.89 5,343.29 5,887.29 7,342.54 7,241.62 622.13 2,439,842.64 614,333.23 2,445,499.76 615,190.37WOART 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 NR 649,903.89 659,066.20 AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 1,996,979.59 2,694,941.39 2,718,334.25 3,441,285.91 3,306,064.38 394,947.75 2,009,962.00 2,719,154.08 2,733,548.32 3,462,740.82 3,324,238.41 400,758.31 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 Aaa NR 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 3,199.11 2,381.40 1,475,000.00 1,214,919.42 1,483,283.60 1,210,962.56HART 2024-C A3 NR DTD 10/16/2024 4.410% 05/15/2029 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 January 31, 2025 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 2024-4 A3 DTD 10/24/2024 4.330% 05/15/2029 43816DAC9 05522RDJ4 02589BAE0 38014AAD3 92970QAE5 58773DAD6 3,000,000.00 AAA 3,065,000.00 AAA 2,095,000.00 AAA 975,000.00 AAA 1,750,000.00 AAA 1,555,000.00 NR Aaa Aaa NR 01/30/25 06/06/24 07/16/24 10/08/24 10/17/24 01/14/25 01/31/25 06/13/24 07/23/24 10/16/24 10/24/24 01/23/25 2,987,578.13 4.44 3,064,828.05 4.93 2,094,904.89 4.65 974,812.22 4.40 1,749,739.95 4.29 1,554,669.25 4.78 5,773.33 6,715.76 4,329.67 1,787.50 3,336.67 1,651.76 2,987,589.46 3,064,858.08 2,094,915.84 974,823.71 2,985,066.00 3,091,834.08 2,101,117.40 971,750.33 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 Aaa Aaa Aaa WFCIT 2024-A2 A DTD 10/24/2024 4.290% 10/15/2029 1,749,754.34 1,554,675.86 1,739,188.50 1,562,299.17MBART 2025-1 A3 DTD 01/23/2025 4.780% 12/17/2029 Security Type Sub-Total 34,323,890.01 398,531,279.10 34,256,464.34 385,992,935.12 4.71 4.00 66,921.13 34,273,669.48 390,160,180.19 34,410,502.36 387,370,104.49Managed Account Sub-Total 2,538,207.52 Securities Sub-Total Accrued Interest Total Investments $398,531,279.10 $385,992,935.12 4.00%$2,538,207.52 $390,160,180.19 $387,370,104.49 $2,538,207.52 $389,908,312.01 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 January 31, 2025 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 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 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 91282CBC4 91282CBH3 91282CBQ3 91282CGR6 91282CBT7 91282CGV7 9128286S4 912828R36 91282CCF6 91282CCF6 91282CCP4 91282CCP4 91282CCP4 9128282A7 91282CCZ2 91282CCZ2 91282CDG3 800,000.00 HSBC 3,000,000.00 RBS 96.59 96.25 96.10 100.39 96.08 99.40 97.75 96.75 95.54 95.54 94.83 94.83 94.83 95.96 94.66 94.66 94.82 772,706.40 2,887,407.00 2,546,525.45 5,220,108.40 2,882,460.00 4,075,334.40 3,910,156.00 3,410,437.50 2,866,056.00 5,827,647.20 1,896,562.00 2,844,843.00 2,844,843.00 4,342,407.20 946,602.00 (14,387.35) (68,882.07) (77,285.10) 17,264.65 (24,764.01) (102,867.59) (97,843.03) 18,542.22 0.90 0.98 1.05 1.06 1.13 1.15 1.20 1.25 1.30 1.30 1.46 1.46 1.46 1.49 1.62 1.62 1.70 4.24 4.25 4.26 4.23 4.23 4.23 4.22 4.22 4.23 4.23 4.21 4.21 4.21 4.21 4.21 4.21 4.21 2,650,000.00 Citigrou 5,200,000.00 BMO 3,000,000.00 Nomura 4,100,000.00 BMO (91,172.81) 51,248.46 (111,411.80) 20,146.20 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 3,900,000.00 BMO 143,281.00 (94,321.29) 11,368.50 17,152.58 (108,371.07) (88,975.17) (268,808.14) (99,243.46) (152,774.68) (11,003.17) (84,550.53) (2,064.80) (259,009.05) (89,453.63) (147,188.25) 26,483.62 93,326.15 67,734.81 3,691,747.80 379,296.80 149,603.27 (18,281.33) (31,511.85) (19,849.92) DTD 09/30/2021 0.875% 09/30/2026 US TREASURY N/B 400,000.00 Citigrou DTD 11/01/2021 1.125% 10/31/2026 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 January 31, 2025 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 11/01/2021 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 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 91282CDG3 91282CDG3 912828U24 912828U24 91282CDK4 91282CDK4 91282CDQ1 912828YX2 912828Z78 912828V98 912828V98 912828V98 912828ZB9 912828ZB9 912828X88 91282CFB2 91282CAH4 2,000,000.00 WellsFar 3,000,000.00 BMO 94.82 94.82 96.18 96.18 94.80 94.80 94.57 95.51 94.81 96.14 96.14 96.14 93.89 93.89 95.93 96.45 90.92 1,896,484.00 2,844,726.00 2,885,274.00 3,847,032.00 1,327,156.60 2,744,370.25 1,536,767.38 3,362,011.84 2,038,384.90 620,132.02 11,796.50 55,077.56 14,883.37 10,782.00 8,422.22 (1,881.14) (72,663.68) (62,562.23) (9,114.34) (457.36) 1.70 1.70 1.73 1.73 1.78 1.78 1.86 1.85 1.94 1.94 1.94 1.94 2.01 2.01 2.18 2.38 2.51 4.21 4.21 4.21 4.21 4.21 4.21 4.20 4.19 4.21 4.21 4.21 4.21 4.20 4.20 4.25 4.22 4.26 3,000,000.00 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 (158,885.02) (79,917.19) 138,599.34 48,795.06 (5,266.03) (36,334.59) (44,758.88) 28,721.77 215,154.84 (13,406.04) 21,249.60 (2,765.25) (153,650.19) (85,045.27) 22,498.39 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 (7,391.39) (16,364.28) (57,739.49) (92,946.79) (9,291.56) 17,495.27 1,874,817.75 3,268,913.00 2,675,993.25 4,225,252.50 3,165,808.80 1,543,249.60 1,091,016.00 3,300,000.00 BOFAML 1,600,000.00 BMO (75,864.22) (14,170.92) (16,748.84) DTD 08/01/2022 2.750% 07/31/2027 US TREASURY N/B 1,200,000.00 BOFAML DTD 08/31/2020 0.500% 08/31/2027 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 January 31, 2025 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 08/31/2020 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 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 91282CAH4 91282CAH4 91282CFM8 91282CAU5 91282CAU5 91282CLX7 9128283F5 91282CGC9 91282CGC9 91282CBJ9 91282CGH8 9128283W8 9128283W8 9128283W8 91282CBS9 91282CBS9 91282CBZ3 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 90.92 90.92 99.67 90.33 90.33 99.60 94.74 98.93 98.93 90.18 97.84 95.65 95.65 95.65 91.11 91.11 90.87 1,545,606.00 2,454,786.00 2,990,157.00 1,806,640.00 2,755,126.00 796,812.80 2,191.94 127,301.62 (90,936.75) 5,702.50 (18,389.39) (42,121.76) (58,872.91) (4,708.05) (37,113.29) 1,636.63 2.51 2.51 2.46 2.67 2.67 2.59 2.65 2.72 2.72 2.91 2.81 2.84 2.84 2.84 3.03 3.03 3.11 4.26 4.26 4.21 4.27 4.27 4.23 4.23 4.23 4.23 4.24 4.24 4.25 4.25 4.25 4.28 4.28 4.29 157,622.09 1,781.55 3,031,750.40 2,473,340.00 2,473,340.00 2,795,449.80 4,451,892.90 1,912,968.00 2,869,452.00 3,228,133.50 1,548,926.10 2,391,724.13 5,452,032.00 18,125.40 13,672.03 27,246.25 157,664.64 (7,462.57) 43,671.12 (51,563.63) 90,833.70 65,941.72 134,634.29 123,282.00 (59,939.10) (2,286.52) 17,949.282,500,000.00 BMO 3,100,000.00 BMO 22,316.66 4,550,000.00 WellsFar 2,000,000.00 BMO (31,419.06) (6,727.42) (81,227.24) 22,330.88 3,000,000.00 BMO 3,375,000.00 BMO 1,700,000.00 JPMorgan 2,625,000.00 BOFAML 6,000,000.00 BMO (6,229.46) 25,607.26 DTD 03/31/2021 1.250% 03/31/2028 US TREASURY N/B (104,215.91) DTD 04/30/2021 1.250% 04/30/2028 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 January 31, 2025 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 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 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 91282CCE9 91282CCE9 91282CCH2 91282CJA0 91282CJF9 9128285M8 91282CJR3 91282CDW8 91282CDW8 9128286B1 91282CEE7 91282CEM9 91282CEM9 91282CEV9 91282CEV9 91282CFC0 91282CFC0 800,000.00 RBC Capi 3,000,000.00 JPMorgan 3,375,000.00 BMO 90.63 90.63 90.38 101.00 101.85 95.80 97.87 90.56 90.56 93.68 92.52 94.31 94.31 95.57 95.57 92.98 92.98 725,031.20 2,718,867.00 3,050,419.50 6,059,766.00 7,129,612.00 7,664,064.00 4,697,812.80 1,901,812.50 4,075,312.50 5,363,386.10 5,828,728.50 2,593,486.50 3,772,344.00 2,102,460.80 4,778,320.00 929,844.00 33,312.45 110,859.19 151,742.74 (33,280.88) (14,216.13) 42,501.50 (1,306.02) (15,060.09) 24,667.11 3.20 3.20 3.28 3.30 3.37 3.50 3.59 3.80 3.80 3.73 3.87 3.91 3.91 4.05 4.05 4.18 4.18 4.30 4.30 4.30 4.28 4.28 4.29 4.30 4.30 4.30 4.34 4.31 4.31 4.31 4.31 4.31 4.31 4.31 6,000,000.00 BOFAML 7,000,000.00 BMO (12,582.68) 9,863.21 8,000,000.00 BMO (30,758.70) 20,380.154,800,000.00 BOFAML 2,100,000.00 BMO 36,937.80 37,488.28 7,129.67 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 1,000,000.00 BMO (5,273.44) 122,774.77 86,623.03 (88,603.79) 54,605.73 16,968.06 (38,564.28) (54,687.25) (48,468.89) (138,476.88) (5,312.25) (34,245.82) (50,047.84) (71,523.94) (52,280.64) (144,958.25) (8,281.90) (36,942.97) DTD 08/01/2022 2.625% 07/31/2029 US TREASURY N/B 1,100,000.00 Nomura 1,022,828.40 DTD 08/01/2022 2.625% 07/31/2029 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 January 31, 2025 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 09/30/2022 3.875% 09/30/2029 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 US TREASURY N/B 91282CFL0 91282CFL0 91282CFT3 91282CMD0 1,100,000.00 BOFAML 2,000,000.00 BMO 97.91 97.91 1,077,055.10 1,958,282.00 2,681,462.68 2,500,782.50 (7,733.96) (19,686.75) (26,506.07) (975.31) (8,418.99) (20,731.90) (27,020.92) (957.81) 4.17 4.17 4.24 4.37 4.32 4.32 4.32 4.36 2,725,000.00 WellsFar 2,500,000.00 MorganSt 98.40 100.03 DTD 12/31/2024 4.375% 12/31/2029 Security Type Sub-Total 220,010,000.00 209,902,344.75 926,998.59 (2,583,368.17)2.57 4.26 Supra-National Agency Bond / Note INTL BK RECON & DEVELOP 459058LE1 2,590,000.00 BOFAML 100.45 2,601,613.56 12,286.96 12,019.48 1.13 4.31 DTD 04/10/2024 4.750% 04/10/2026 Security Type Sub-Total 2,590,000.00 2,601,613.56 12,286.96 12,019.48 1.13 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 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 DTD 09/01/2023 4.650% 08/01/2028 FHMS K509 A2 3137BUX60 3137FAWS3 3137HACX2 3137HAD45 3136BQDE6 3137HAQ74 3137HAMH6 3137HAST4 1,710,000.00 Barclays 1,960,000.00 TD Secur 3,150,000.00 SAN 97.93 96.81 1,674,678.24 1,897,532.84 3,162,518.10 3,171,202.57 3,187,401.70 3,003,948.00 3,470,930.78 2,344,327.17 50,178.24 61,793.78 9,811.07 13,291.71 16,152.29 10,639.75 (8,393.30) 25,264.40 53,990.41 34,285.82 72,472.55 1.75 2.29 2.99 2.20 3.13 3.16 3.13 3.23 4.45 4.48 4.57 4.75 4.68 4.59 4.58 4.56 100.40 99.733,179,650.90 JPMorgan 3,247,738.18 JPMorgan 3,000,000.00 BMO (8,368.85) 60,692.51 69,756.00 47,336.45 88,614.56 98.14 100.13 99.883,475,000.00 WellsFar 2,330,000.00 MorganSt 100.61 DTD 10/01/2023 4.850% 09/01/2028 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 January 31, 2025 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 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 3137HAMS2 3137HB3D4 3137HB3G7 3137HBLV4 3137HCKV3 3137HFNZ4 3137HFF59 3137HDXL9 3137HH6C0 3137HHJL6 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 100.32 101.17 100.49 99.53 3,009,654.00 1,143,206.31 1,728,433.16 1,781,535.09 4,067,112.00 1,294,205.04 2,638,636.80 3,322,043.27 2,360,701.45 3,739,142.23 100,005.57 16,473.14 78,908.89 15,756.87 3.19 3.26 3.30 3.39 3.62 3.96 3.94 3.95 4.05 4.06 4.59 4.61 4.62 4.62 4.66 4.64 4.65 4.64 4.65 4.65 13,374.72 12,318.73 (26,363.12) 28,830.75 (23,081.21) 32,990.70101.68 99.17 (36,868.86) (57,669.30) (54,245.86) (41,367.94) (10,279.88) (34,992.81) (53,919.98) (51,615.55) (38,872.76) (9,937.36) 99.57 99.31 DTD 08/01/2024 4.543% 07/01/2029 FHMS K529 A2 DTD 10/01/2024 4.791% 09/01/2029 FHMS K530 A2 2,355,000.00 MorganSt 3,730,000.00 JPMorgan 100.24 100.25 DTD 11/01/2024 4.792% 09/01/2029 Security Type Sub-Total Corporate Note 47,077,389.09 46,997,208.75 311,702.98 145,259.15 3.29 4.62 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 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 38141GXS8 46625HQW3 06051GKM0 459200JZ5 04636NAA1 1,900,000.00 BOFAML 1,500,000.00 SBSC 02/12/25 01/01/26 04/02/25 99.90 98.73 99.77 98.37 95.92 1,898,132.30 1,481,013.00 1,995,430.00 1,647,670.70 1,606,656.65 (5,743.70) 50,583.00 (2,668.81) 11,136.09 7,831.78 0.03 1.08 0.16 1.23 1.28 5.00 4.38 5.58 4.58 4.39 2,000,000.00 Deutsche 1,675,000.00 MorganSt 1,675,000.00 MorganSt 36,730.00 (197,191.05) (77,438.60) (73,910.77) (70,887.89)04/28/26 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 January 31, 2025 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 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 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 HOME DEPOT INC (CALLABLE) DTD 03/28/2022 2.875% 04/15/2027 MORGAN STANLEY (CALLABLE) DTD 04/22/2021 1.593% 05/04/2027 NORTHERN TRUST CORP (CALLABLE) DTD 05/10/2022 4.000% 05/10/2027 89236TJK2 61761J3R8 61761J3R8 857477CD3 02665WDZ1 14913R2Q9 46625HRV4 172967KY6 63743HFK3 24422EWA3 06051GLE7 38141GWB6 89788MAD4 808513BY0 437076CN0 61772BAB9 665859AW4 1,105,000.00 JPMorgan 1,000,000.00 SUSQ 95.62 97.88 97.88 100.98 94.88 94.96 97.54 97.52 101.66 94.90 100.27 98.30 96.24 95.65 96.76 96.13 98.78 1,056,555.70 978,787.00 (45,991.20) (83,533.00) 42,507.00 22,990.00 (73,132.00) (68,504.00) (82,118.00) 45,642.00 13,054.58 (90,800.00) 36,938.00 32,342.60 71,164.80 14,728.00 (846.00) (47,733.40) (40,816.00) 9,836.02 1.34 1.43 1.43 1.35 1.55 1.57 1.56 1.61 1.61 1.88 0.93 1.67 1.06 1.97 2.07 1.22 2.10 4.41 4.57 4.57 4.56 4.64 4.38 4.46 4.70 4.61 4.45 5.20 4.71 4.94 4.63 4.41 4.99 4.52 1,000,000.00 SEEL 978,787.00 2,500,000.00 JPMorgan 2,000,000.00 RBC Capi 2,000,000.00 LoopCapM 1,000,000.00 SUSQ 07/03/26 2,524,390.00 1,897,608.00 1,899,136.00 975,422.00 23,707.33 (92,536.36) (89,901.84) (44,105.15) 10,870.04 12,948.70 (97,688.45) 22,946.55 (6,759.56) (15,445.36) (43,176.59) (36,162.00) 2,388.22 07/01/26 07/21/26 10/13/26 1,200,000.00 RBS 1,170,270.00 782,785.08770,000.00 MIZU 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 2,000,000.00 Scotiaca 500,000.00 BOFAML 1,595,000.00 JPMorgan 1,897,920.00 2,005,358.00 2,260,881.60 2,020,972.80 1,912,928.00 1,935,254.00 480,646.00 01/20/26 01/26/26 03/02/26 02/03/27 03/15/27 05/04/26 04/10/27 27,821.00 (34,871.48)1,575,536.22 (26,339.73) 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 January 31, 2025 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 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) 91324PEG3 91324PEG3 693475AT2 63254ABE7 06051GJS9 459200KT7 89788MAC6 89788MAC6 458140BY5 89236TKJ3 882508BC7 20030NEA5 61747YFP5 46647PEE2 427866BH0 30303M8L9 58933YBH7 400,000.00 BOFAML 1,400,000.00 JPMorgan 2,500,000.00 JANE 04/15/27 04/15/27 04/19/27 98.09 98.09 96.71 98.68 95.65 98.84 91.51 91.51 97.22 100.08 96.07 101.96 101.65 101.58 99.35 100.29 98.81 392,353.20 1,373,236.20 2,417,637.50 2,960,439.00 1,052,121.40 2,470,975.00 274,518.00 (7,430.80) (39,251.80) (43,862.50) (13,551.00) 65,971.40 (90,080.00) 13,833.00 146,295.00 (23,715.30) 26,321.20 50,779.40 (46,284.00) 17,255.70 13,823.42 (39,367.20) 2,552.50 (7,547.64) (32,433.02) (63,839.55) (27,280.11) 23,457.79 (58,998.71) (5,548.26) 16,796.72 (43,340.02) 14,834.80 (11,044.49) (9,906.47) 19,169.27 14,556.12 (30,942.94) 4,109.47 2.12 2.12 2.15 2.21 1.43 2.30 2.40 2.40 2.30 2.42 2.55 2.50 2.02 2.05 2.95 2.96 3.00 4.56 4.56 4.64 4.49 5.02 4.62 4.75 4.75 4.91 4.53 4.43 4.54 5.00 4.92 4.42 4.46 4.41 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 1,372,590.00 2,236,126.70 2,301,780.20 2,209,513.40 2,039,236.00 1,565,356.10 1,091,951.67 2,384,512.80 2,507,202.50 3,013,772.10 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) 08/03/27 10/15/27 04/13/27 04/22/27 04/04/28 04/15/28 04/17/28 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 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) 1,075,000.00 MAXE 2,400,000.00 GoldmanS 2,500,000.00 JPMorgan 3,050,000.00 Citigrou (14,054.40)(21,577.33) DTD 05/17/2023 4.050% 05/17/2028 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 January 31, 2025 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 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 JPMORGAN CHASE & CO (CALLABLE) DTD 01/24/2025 4.915% 01/24/2029 CISCO SYSTEMS INC (CALLABLE) DTD 02/26/2024 4.850% 02/26/2029 CATERPILLAR FINL SERVICE 02665WEM9 24422EXB0 05565ECE3 17325FBB3 21688ABC5 46647PEU6 17275RBR2 14913UAQ3 00724PAJ8 800,000.00 GoldmanS 800,000.00 GoldmanS 2,700,000.00 Barclays 3,400,000.00 GoldmanS 2,250,000.00 MIZU 101.03 101.15 100.39 103.29 100.25 100.03 100.65 98.57 808,211.20 809,208.80 11,827.20 3,848.80 10,699.72 5,453.17 3.11 3.14 3.09 3.18 3.54 2.75 3.55 3.99 4.33 4.78 4.55 4.89 4.76 4.68 4.94 4.63 4.68 4.65 07/11/28 08/29/28 2,710,516.50 3,511,741.00 2,255,548.50 1,400,474.60 1,630,486.26 211,931.52 40,918.50 128,605.00 2,398.50 32,038.54 124,582.13 2,998.88 1,400,000.00 JPMorgan 1,620,000.00 Citigrou 215,000.00 BOFAML 2,795,000.00 BOFAML 01/24/28 01/26/29 474.60 474.60 11,053.26 (2,485.83) 34,822.91 10,953.63 (2,534.38) 34,787.19 DTD 08/16/2024 4.375% 08/16/2029 ADOBE INC (CALLABLE)12/17/29 101.09 2,825,546.56 DTD 01/17/2025 4.950% 01/17/2030 Security Type Sub-Total Certificate of Deposit 83,965,000.00 82,809,126.76 (114,970.49)(586,548.07)2.17 4.66 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 98.15 98.18 240,476.32 240,540.51 (4,523.68) (4,459.49) 45,054.70 (8,428.90) (4,523.68) (4,459.49) 45,054.70 (8,428.90) 0.48 0.48 1.55 1.82 4.39 4.39 4.26 4.81 101.96 99.73 2,345,054.70 3,091,571.10 DTD 02/05/2024 4.760% 02/01/2027 Security Type Sub-Total Bank Note 5,890,000.00 5,917,642.63 27,642.63 27,642.63 1.60 4.56 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 January 31, 2025 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 07/07/26 101.21 4,731,665.68 59,470.68 58,086.40 1.35 4.58 Security Type Sub-Total Asset-Backed Security 4,675,000.00 4,731,665.68 59,470.68 58,086.40 1.35 4.58 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 DTD 06/28/2023 4.930% 06/15/2028 HAROT 2023-4 A3 43815GAC3 14317DAC4 92868KAC7 448977AD0 380146AC4 43813YAB8 98164RAB2 65480MAD5 02582JJZ4 14041NGD7 02582JJZ4 05522RDG0 254683CZ6 438123AC5 89,948.50 BOFAML 175,684.94 RBC Capi 85,803.36 WellsFar 419,927.54 BOFAML 129,159.17 BNPPSA 2,440,000.00 JPMorgan 614,366.50 MIZU 99.37 99.39 89,381.46 174,610.28 85,465.12 (548.07) (1,045.76) (334.88) (2,689.01) (984.72) 5,690.81 871.97 (562.60) (1,066.54) (337.21) (2,699.16) (991.78) 5,657.12 857.14 0.16 0.16 0.11 0.27 0.23 0.63 0.31 0.95 1.22 1.22 1.22 1.22 1.30 1.22 8.67 4.16 4.32 4.48 4.45 4.54 4.62 4.49 4.47 4.44 4.47 4.47 4.49 4.50 99.61 99.36 417,222.36 128,163.23 2,445,499.76 615,190.37 659,066.20 2,009,962.00 2,719,154.08 2,733,548.32 3,462,740.82 3,324,238.41 400,758.31 99.23 100.23 100.13 101.39 100.50 99.97 650,000.00 MIZU 9,198.15 14,337.00 35,916.58 15,992.07 25,057.85 17,689.19 5,827.87 9,162.31 12,982.41 24,212.69 15,214.07 21,454.91 18,174.03 5,810.56 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 395,000.00 JPMorgan 100.50 100.40 100.58 101.46 DTD 11/08/2023 5.670% 06/21/2028 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 January 31, 2025 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 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 HAROT 2024-4 A3 DTD 10/24/2024 4.330% 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 DTD 10/24/2024 4.290% 10/15/2029 MBART 2025-1 A3 89237QAD2 448976AD2 43816DAC9 05522RDJ4 02589BAE0 38014AAD3 92970QAE5 58773DAD6 1,475,000.00 MUFG 1,215,000.00 Barclays 3,000,000.00 BOFAML 3,065,000.00 BOFAML 2,095,000.00 Citigrou 975,000.00 MIZU 100.56 99.67 1,483,283.60 1,210,962.56 2,985,066.00 3,091,834.08 2,101,117.40 971,750.33 8,284.48 (3,948.50) (2,512.13) 27,006.03 6,212.51 8,283.60 (3,956.86) (2,523.46) 26,976.00 6,201.56 1.68 2.02 1.94 2.11 2.27 2.05 2.50 2.33 4.57 4.56 4.57 4.52 4.51 4.55 4.51 4.57 99.50 100.88 100.29 99.67 (3,061.89) (10,551.45) 7,629.92 (3,073.38) (10,565.84) 7,623.31 1,750,000.00 WellsFar 1,555,000.00 SGAS 99.38 1,739,188.50 1,562,299.17100.47 DTD 01/23/2025 4.780% 12/17/2029 Security Type Sub-Total 34,323,890.01 398,531,279.10 $398,531,279.10 34,410,502.36 387,370,104.49 154,038.02 1,377,169.37 $1,377,169.37 136,832.88 (2,790,075.70) ($2,790,075.70) 1.53 2.44 2.44 4.52 4.42Managed Account Sub-Total Securities Sub-Total Accrued Interest Total Investments $387,370,104.49 $2,538,207.52 4.42% $389,908,312.01 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 January 31, 2025 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 01/02/25 01/14/25 01/14/25 01/16/25 01/30/25 01/07/25 01/17/25 01/23/25 01/24/25 01/31/25 US TREASURY N/B DTD 12/31/2024 4.375% 12/31/2029 ADOBE INC (CALLABLE) DTD 01/17/2025 4.950% 01/17/2030 MBART 2025-1 A3 DTD 01/23/2025 4.780% 12/17/2029 JPMORGAN CHASE & CO (CALLABLE) DTD 01/24/2025 4.915% 01/24/2029 HAROT 2024-4 A3 91282CMD0 2,500,000.00 2,795,000.00 1,555,000.00 1,400,000.00 3,000,000.00 (2,501,757.81) (2,790,723.65) (1,554,669.25) (1,400,000.00) (2,987,578.13) (2,114.99)(2,503,872.80) (2,790,723.65) (1,554,669.25) (1,400,000.00) (2,993,351.46) 00724PAJ8 58773DAD6 46647PEU6 43816DAC9 0.00 0.00 0.00 (5,773.33) DTD 10/24/2024 4.330% 05/15/2029 Transaction Type Sub-Total INTEREST 11,250,000.00 (11,234,728.84)(7,888.32)(11,242,617.16) 01/01/25 01/01/25 01/01/25 01/01/25 01/01/25 01/01/25 01/01/25 01/01/25 01/01/25 01/01/25 01/25/25 01/25/25 01/25/25 01/25/25 01/25/25 01/25/25 01/25/25 01/25/25 01/25/25 01/25/25 FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028 FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028 FHMS K528 A2 DTD 09/01/2024 4.508% 07/01/2029 FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028 FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028 FHMS K530 A2 DTD 11/01/2024 4.792% 09/01/2029 FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029 FHMS K508 A2 3137HB3D4 3137HAST4 3137HFNZ4 3137HBLV4 3137HAMS2 3137HHJL6 3137HDXL9 3137HAQ74 3137BUX60 3137HACX2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4,773.31 9,417.08 4,902.45 6,819.90 12,000.00 14,895.13 12,663.61 11,850.00 4,863.53 12,649.88 4,773.31 9,417.08 4,902.45 6,819.90 12,000.00 14,895.13 12,663.61 11,850.00 4,863.53 12,649.88 DTD 10/01/2023 4.740% 08/01/2028 FHMS K062 A2 DTD 02/01/2017 3.413% 12/01/2026 FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028 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 January 31, 2025 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 01/01/25 01/01/25 01/01/25 01/01/25 01/01/25 01/01/25 01/01/25 01/01/25 01/02/25 01/07/25 01/09/25 01/11/25 01/14/25 01/15/25 01/15/25 01/15/25 01/15/25 01/25/25 01/25/25 01/25/25 01/25/25 01/25/25 01/25/25 01/25/25 01/25/25 01/02/25 01/07/25 01/09/25 01/11/25 01/14/25 01/15/25 01/15/25 01/15/25 01/15/25 FHMS K527 A2 DTD 08/01/2024 4.618% 07/01/2029 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 K511 A2 DTD 12/01/2023 4.860% 10/01/2028 FHMS K520 A2 DTD 04/01/2024 5.180% 03/01/2029 FHMS K529 A2 DTD 10/01/2024 4.791% 09/01/2029 FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 FNA 2023-M6 A2 3137HFF59 0.00 10,198.08 13,465.63 5,216.87 6,966.00 17,266.67 9,402.34 12,666.44 11,319.95 260.30 10,198.08 13,465.63 5,216.87 6,966.00 17,266.67 9,402.34 12,666.44 11,319.95 260.30 3137HAMH6 3137FAWS3 3137HB3G7 3137HCKV3 3137HH6C0 3137HAD45 3136BQDE6 MONEY0002 02665WEM9 21688ABC5 24422EWA3 24422EXB0 14041NGD7 14317DAC4 02589BAE0 50117XAE2 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 DTD 07/01/2023 4.181% 07/01/2028 MONEY MARKET FUND DTD 01/01/2010 0.000%-- AMERICAN HONDA FINANCE 20,500.00 54,000.00 17,000.00 19,800.00 10,018.67 101.35 20,500.00 54,000.00 17,000.00 19,800.00 10,018.67 101.35 DTD 07/07/2023 5.125% 07/07/2028 COOPERAT RABOBANK UA/NY DTD 01/09/2024 4.800% 01/09/2029 JOHN DEERE CAPITAL CORP DTD 01/10/2022 1.700% 01/11/2027 JOHN DEERE CAPITAL CORP DTD 07/14/2023 4.950% 07/14/2028 COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028 CARMX 2021-3 A3 DTD 07/28/2021 0.550% 06/15/2026 AMXCA 2024-3 A 8,118.13 17.23 8,118.13 17.23 DTD 07/23/2024 4.650% 07/15/2029 KCOT 2021-2A A3 DTD 07/28/2021 0.560% 11/17/2025 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 January 31, 2025 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 01/15/25 01/15/25 01/15/25 01/15/25 01/15/25 01/15/25 01/15/25 01/15/25 01/15/25 01/15/25 01/16/25 01/16/25 01/20/25 01/20/25 01/21/25 01/21/25 01/21/25 01/15/25 01/15/25 01/15/25 01/15/25 01/15/25 01/15/25 01/15/25 01/15/25 01/15/25 01/15/25 01/16/25 01/16/25 01/20/25 01/20/25 01/21/25 01/21/25 01/21/25 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 NAROT 2023-B A3 DTD 10/25/2023 5.930% 03/15/2028 HART 2022-A A3 DTD 03/16/2022 2.220% 10/15/2026 BACCT 2024-A1 A DTD 06/13/2024 4.930% 05/15/2029 WOART 2024-A A2A DTD 02/14/2024 5.050% 04/15/2027 TAOT 2024-C A3 DTD 07/30/2024 4.880% 03/15/2029 DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028 AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 WFCIT 2024-A2 A DTD 10/24/2024 4.290% 10/15/2029 GMCAR 2024-4 A3 DTD 10/16/2024 4.400% 08/16/2029 GMCAR 2022-1 A3 DTD 01/19/2022 1.260% 11/16/2026 BANK OF AMERICA CORP (CALLABLE) DTD 01/20/2023 5.080% 01/20/2027 VALET 2021-1 A3 DTD 12/13/2021 1.020% 06/22/2026 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 HAROT 2021-4 A3 448976AD2 0.00 4,465.13 4,465.13 05522RDG0 65480MAD5 448977AD0 05522RDJ4 98164RAB2 89237QAD2 254683CZ6 02582JJZ4 92970QAE5 38014AAD3 380146AC4 06051GLE7 92868KAC7 43813YAB8 438123AC5 43815GAC3 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 13,767.26 3,212.08 907.57 13,767.26 3,212.08 907.57 12,592.04 2,931.15 5,998.33 13,578.04 19,155.33 6,256.25 3,575.00 161.09 12,592.04 2,931.15 5,998.33 13,578.04 19,155.33 6,256.25 3,575.00 161.09 50,800.00 107.16 50,800.00 107.16 9,943.00 1,866.38 85.70 9,943.00 1,866.38 85.70 DTD 11/24/2021 0.880% 01/21/2026 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 January 31, 2025 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 01/22/25 01/26/25 01/22/25 01/26/25 BANK OF AMERICA CORP (CALLABLE) DTD 04/22/2021 1.734% 07/22/2027 GOLDMAN SACHS GROUP INC (CALLABLE) 06051GJS9 0.00 9,537.00 9,537.00 38141GWB6 0.00 44,275.00 44,275.00 DTD 01/26/2017 3.850% 01/26/2027 MORGAN STANLEY DTD 07/25/2016 3.125% 07/27/2026 IBM CORP (CALLABLE) DTD 07/27/2022 4.150% 07/27/2027 BANK OF NY MELLON CORP (CALLABLE) 01/27/25 01/27/25 01/28/25 01/27/25 01/27/25 01/28/25 61761J3R8 459200KT7 06406RAQ0 0.00 0.00 0.00 31,250.00 51,875.00 6,318.75 31,250.00 51,875.00 6,318.75 DTD 01/28/2021 0.750% 01/28/2026 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 02/01/2021 0.375% 01/31/2026 US TREASURY N/B DTD 01/31/2023 3.500% 01/31/2028 US TREASURY N/B DTD 08/02/2021 0.625% 07/31/2026 US TREASURY N/B DTD 01/31/2020 1.500% 01/31/2027 US TREASURY N/B DTD 08/01/2022 2.750% 07/31/2027 US TREASURY N/B 01/29/25 01/30/25 01/31/25 01/31/25 01/31/25 01/31/25 01/31/25 01/31/25 01/31/25 01/31/25 01/29/25 01/30/25 01/31/25 01/31/25 01/31/25 01/31/25 01/31/25 01/31/25 01/31/25 01/31/25 169894AT9 58404DHQ7 91282CBH3 91282CGH8 91282CCP4 912828Z78 91282CFB2 91282CDW8 91282CBJ9 91282CFC0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 104.04 114.45 104.04 114.45 5,625.00 79,625.00 25,000.00 16,125.00 22,000.00 57,750.00 11,625.00 27,562.50 5,625.00 79,625.00 25,000.00 16,125.00 22,000.00 57,750.00 11,625.00 27,562.50 DTD 01/31/2022 1.750% 01/31/2029 US TREASURY N/B DTD 02/01/2021 0.750% 01/31/2028 US TREASURY N/B DTD 08/01/2022 2.625% 07/31/2029 Transaction Type Sub-Total 0.00 849,340.80 849,340.80 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 January 31, 2025 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 PAYDOWNS 01/01/25 01/01/25 01/15/25 01/15/25 01/15/25 01/15/25 01/16/25 01/20/25 01/21/25 01/25/25 01/25/25 01/15/25 01/15/25 01/15/25 01/15/25 01/16/25 01/20/25 01/21/25 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 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 CARMX 2021-3 A3 DTD 07/28/2021 0.550% 06/15/2026 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 VALET 2021-1 A3 3137HAD45 2,204.65 2,204.65 0.00 2,204.65 0.05 40.90 6.43 1.39 7.47 2.72 2.10 1.58 5.67 0.04 3136BQDE6 98164RAB2 50117XAE2 14317DAC4 448977AD0 380146AC4 92868KAC7 43815GAC3 1,097.51 82,144.59 36,916.05 45,432.39 70,649.38 24,262.28 40,271.28 26,921.55 1,097.51 82,144.59 36,916.05 45,432.39 70,649.38 24,262.28 40,271.28 26,921.55 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,097.51 82,144.59 36,916.05 45,432.39 70,649.38 24,262.28 40,271.28 26,921.55 29.62 4.53 0.27 2.17 1.04 0.80 0.50 1.36 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 329,899.68 329,899.68 0.00 329,899.68 68.31 40.33 01/02/25 01/02/25 01/14/25 01/14/25 01/15/25 01/16/25 01/07/25 01/07/25 01/17/25 01/17/25 01/16/25 01/17/25 US TREASURY N/B DTD 11/30/2020 0.375% 11/30/2025 US TREASURY N/B DTD 11/02/2020 0.250% 10/31/2025 US TREASURY N/B DTD 12/31/2020 0.375% 12/31/2025 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 91282CAZ4 91282CAT8 91282CBC4 91282CAZ4 91282CBC4 91282CBS9 1,500,000.00 1,100,000.00 125,000.00 1,449,609.38 1,065,367.19 120,478.52 587.23 516.57 22.01 1,450,196.61 1,065,883.76 120,500.53 33,105.47 68,492.19 (2,504.88) 33,632.81 (41,343.75) 48,140.63 (30,634.31) (8,319.99) (4,108.43) (30,711.14) (68,263.43) (5,609.37) FIFO FIFO FIFO FIFO FIFO FIFO 1,500,000.00 2,100,000.00 1,300,000.00 1,450,136.72 2,024,777.34 1,182,187.50 741.76 348.07 4,866.07 1,450,878.48 2,025,125.41 1,187,053.57 DTD 03/31/2021 1.250% 03/31/2028 PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Account Page 33 Page 70 Managed Account Security Transactions & Interest For the Month Ending January 31, 2025 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 01/17/25 01/30/25 01/30/25 01/30/25 01/21/25 01/31/25 01/31/25 01/31/25 US TREASURY N/B DTD 12/31/2020 0.375% 12/31/2025 US TREASURY N/B DTD 12/31/2020 0.375% 12/31/2025 AMERICAN HONDA FINANCE DTD 10/04/2023 5.800% 10/03/2025 BANK OF NY MELLON CORP (CALLABLE) 91282CBC4 100,000.00 100,000.00 850,000.00 1,685,000.00 96,460.94 21.75 96,482.69 96,614.14 (1,925.78)(3,212.42) (3,100.82) 5,332.15 FIFO FIFO FIFO FIFO 91282CBC4 02665WEQ0 06406RAQ0 96,582.03 857,072.00 32.11 16,159.44 105.31 (1,804.69) 2,312.00873,231.44 1,625,355.211,625,249.90 (58,755.95)(59,552.60) DTD 01/28/2021 0.750% 01/28/2026 Transaction Type Sub-Total Managed Account Sub-Total Total Security Transactions 10,360,000.00 9,967,921.52 (936,907.64) ($936,907.64) 23,400.32 864,852.80 $864,852.80 9,991,321.84 (72,054.84) ($72,054.84) 79,348.05 79,416.36 $79,416.36 (208,180.36) (208,140.03) ($208,140.03) PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Account Page 34 Page 71 Rancho Cucamonga Fire Protection District Portfolio Summary January 31, 2025 Cash Dividends Closing Portfolio Holdings and Income Market Value $ 203,095.61 $ - - - PFM Managed Account PFM Cash Balance CAMP Pool State Pool - 63,446,694.71 31,577.98 32,653,012.70 144,198.31 Total $ 203,095.61 $ 96,275,483.70 Peter Castro, Treasurer Date I certify that this report accurately reflects all District pooled investments and is in conformity with the investment policy adopted June 27, 2024. A copy of the investment policy is available in the Finance Department. The Investment Program herein shown provides sufficient cash flow liquidity to meet the next six months' estimated expenditures. ATTACHMENT 2 Page 72 RANCHO CUCAMONGA FIRE PROTECTION DISTRICT ACCOUNT STATEMENT For the Month Ending January 31, 2025 Customer Service PO Box 11813 Harrisburg, PA 17108-1813 Contents Cover/Disclosures Summary Statement Individual Accounts RANCHO CUCAMONGA FIRE PROTECTION DISTRICT 10500 CIVIC CENTER DRIVE RANCHO CUCAMONGA, CA 91730 Client Management Team Accounts included in Statement CITY OF RANCHO CUCAMONGA, FIRE PROT DIS https://www.pfmam.comOnline Access 1-717-232-2723Customer Service Meredith LaBuda Sullivan Senior Portfolio Manager Jeremy King Key Account Manager Rachael Miller Client Consultant Page 73 For the Month Ending January 31, 2025 Account Statement Important Disclosures Important Disclosures Average maturity represents the average maturity of all securities and investments of a portfolio, determined by multiplying the par or principal value of each security or investment by its maturity (days or years), summing the products, and dividing the sum by the total principal value of the portfolio. The stated maturity date of mortgage backed or callable securities are used in this statement. However the actual maturity of these securities could vary depending on the level or prepayments on the underlying mortgages or whether a callable security has or is still able to be called. Monthly distribution yield represents the net change in the value of one share (normally $1.00 per share) resulting from all dividends declared during the month by a fund expressed as a percentage of the value of one share at the beginning of the month. This resulting net change is then annualized by multiplying it by 365 and dividing it by the number of calendar days in the month. YTM at Cost The yield to maturity at cost is the expected rate of return, based on the original cost, the annual interest receipts, maturity value and the time period from purchase date to maturity, stated as a percentage, on an annualized basis. YTM at Market The yield to maturity at market is the rate of return, based on the current market value, the annual interest receipts, maturity value and the time period remaining until maturity, stated as a percentage, on an annualized basis. Managed Account A portfolio of investments managed discretely by PFMAM according to the client’s specific investment policy and requirements. The investments are directly owned by the client and held by the client’s custodian. Unsettled Trade A trade which has been executed however the final consummation of the security transaction and payment has not yet taken place. 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, based upon original cost and settlement date. Some securities, including some factored securities and previously exchanged securities, are now on a modified amortization schedule as compared with that of the past. Where transfers have occurred between your portfolios we have returned their settlement dates to the settlement dates of the original purchases in order to minimize any impact to their amortization schedules. Please review the detail pages of this statement carefully. If you think your statement is wrong, missing account information, or if you need more information about a transaction, please contact PFMAM within 60 days of receipt. If you have other concerns or questions regarding your account, or to request an updated copy of PFMAM's current disclosure statement, please contact a member of your client management team at PFMAM Service Operations at the address below. PFM Asset Management Attn: Service Operations 213 Market Street Harrisburg, PA 17101 NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE This statement is for general information purposes only and is not intended to provide specific advice or recommendations. PFM Asset Management ("PFMAM") is a division of U.S. Bancorp Asset Management, Inc. ("USBAM"), a SEC-registered investment adviser. USBAM is direct subsidiary of U.S. Bank National Association ("U.S. Bank") and an indirect subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. PFMAM maintains a written disclosure statement of our background and business experience. If you would like to receive a copy of our current disclosure statement, please contact Service Operations at the address below. Proxy Voting PFMAM does not normally receive proxies to vote on behalf of its clients. However, it does on occasion receive consent requests. In the event a consent request is received the portfolio manager contacts the client and then proceeds according to their instructions. PFMAM’s Proxy Voting Policy is available upon request by contacting Service Operations at the address below. Questions About an Account PFMAM’s monthly statement is intended to detail our investment advisory activity as well as the activity of any accounts held by clients in pools that are managed by PFMAM. The custodian bank maintains the control of assets and executes (i.e., settles) all investment transactions. The custodian statement is the official record of security and cash holdings and transactions. PFMAM recognizes that clients may use these reports to facilitate record keeping and that the custodian bank statement and the PFMAM statement should be reconciled and differences resolved. Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference. Account Control PFMAM does not have the authority to withdraw funds from or deposit funds to the custodian outside the scope of services provided by PFMAM. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls and generating ledger entries or otherwise recording transactions. Market Value Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by ICE Data Services. There may be differences in the values shown for investments due to accrued but uncollected income and the use of differing valuation sources and methods. Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local government investment program is contained in the appropriate fund offering documentation or information statement. Amortized Cost The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short term securities (those with less than one year to maturity at time of issuance) is amortized on a straightline basis. Such discount or premium with respect to longer term securities is amortized using the constant yield basis. Tax Reporting Cost data and realized gains / losses are provided for informational purposes only. Please review for accuracy and consult your tax advisor to determine the tax consequences of your security transactions. PFMAM does not report such information to the IRS or other taxing authorities and is not responsible for the accuracy of such information that may be required to be reported to federal, state or other taxing authorities. Financial Situation In order to better serve you, PFMAM should be promptly notified of any material change in your investment objective or financial situation. Callable Securities Securities subject to redemption prior to maturity may be redeemed in whole or in part before maturity, which could affect the yield represented. Portfolio The securities in this portfolio, including shares of mutual funds, are not guaranteed or otherwise protected by PFMAM, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency. Investment in securities involves risks, including the possible loss of the amount invested. Actual settlement values, accrued interest, and amortized cost amounts may vary for securities subject to an adjustable interest rate or subject to principal paydowns. Any changes to the values shown may be reflected within the next monthly statement’s beginning values. Rating Information provided for ratings is based upon a good faith inquiry of selected sources, but its accuracy and completeness cannot be guaranteed. Shares of some local government investment programs and TERM funds are distributed by representatives of USBAM's affiliate, U.S. Bancorp Investments, Inc. which is registered with the SEC as a broker/dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Municipal Securities Rulemaking Board (“MSRB”). You may reach the FINRA by calling the FINRA Hotline at 1-800-289-9999 or at the FINRA website address https://www.finra.org/investors/investor-contacts. A brochure describing the FINRA Regulation Public Disclosure Program is also available from FINRA upon request. Key Terms and Definitions Dividends on local government investment program funds consist of interest earned, plus any discount ratably amortized to the date of maturity, plus all realized gains and losses on the sale of securities prior to maturity, less ratable amortization of any premium and all accrued expenses to the fund. Dividends are accrued daily and may be paid either monthly or quarterly. The monthly earnings on this statement represent the estimated dividend accrued for the month for any program that distributes earnings on a quarterly basis. There is no guarantee that the estimated amount will be paid on the actual distribution date. Current Yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by 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. Page 74 For the Month Ending January 31, 2025 Account Statement Consolidated Summary Statement RANCHO CUCAMONGA FIRE PROTECTION DISTRICT Investment Allocation Investment Type Closing Market Value Percent 5,967,878.13 6.20 Asset-Backed Security 12,817,548.79 13.32 Corporate Note 885,605.88 0.92 Bank Note 1,236,771.90 1.29 Certificate of Deposit 7,284,611.72 7.57 Federal Agency Commercial Mortgage-Backed Security 451,752.75 0.47 Corporate Note 2,051,934.27 2.13 Supra-National Agency Bond / Note 32,750,591.27 34.02 U.S. Treasury Bond / Note 32,653,012.70 33.93 CAMP Pool 144,198.31 0.15 Local Agency Investment Fund $96,243,905.72 Total 100.00% Portfolio Summary and Income Closing Market ValuePortfolio Holdings Cash Dividends PFMAM Managed Account 203,095.61 63,446,694.71 CAMP Pool 0.00 32,653,012.70 Local Agency Investment Fund 0.00 144,198.31 $203,095.61 $96,243,905.72 Total Maturity Distribution (Fixed Income Holdings) Portfolio Holdings Closing Market Value Percent 32,797,211.01 0.00 0.00 240,540.51 564,144.06 17,323,853.46 14,066,172.73 18,792,285.74 12,459,698.21 0.00 34.07 0.00 0.00 0.24 0.59 18.00 14.62 19.53 12.95 0.00 Under 30 days 31 to 60 days 61 to 90 days 91 to 180 days 181 days to 1 year 1 to 2 years 2 to 3 years 3 to 4 years 4 to 5 years Over 5 years Total $96,243,905.72 686 100.00% Weighted Average Days to Maturity Sector Allocation 6.20%ABS 13.32% Corporate Note 0.92% Bank Note 1.29% Cert of Deposit 7.57% Federal Agency Commercial Mortgage-Backed Security 0.47% Priv Placement Bond 2.13% Supra-National Agency Bond / Note 34.02% US TSY Bond / Note 33.93% CAMP Pool 0.15% Local Agency Investment Fund Summary Page 1PFM Asset Management Page 75 For the Month Ending January 31, 2025Managed Account Summary Statement CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) $63,157,995.06 (29,439.49) (1,909,207.32) 2,112,654.68 0.00 114,691.78 $63,446,694.71 150,902.16 (1,545.96) 53,739.41 $203,095.61 Total 63,977,333.97 433,288.10 1,914,799.77 29,439.49 145,309.71 (2,114,200.64) (63,785,475.60) (412,398.41) Total Accrual Basis Earnings $188,096.39 Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Transaction Summary - Managed Account _________________ _________________ _______________________________________________ _______________________________________________Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary - Managed Account 0.00 1,914,799.77 145,309.71 29,439.49 (2,114,200.64) 0.00 0.00 Cash Balance $31,577.98 Closing Cash Balance Account Page 1PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 76 For the Month Ending January 31, 2025Portfolio Summary and Statistics CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 34,355,000.00 32,750,591.27 51.62 Supra-National Agency Bond / Note 2,115,000.00 2,051,934.27 3.23 Federal Agency Commercial Mortgage-Backed Security 7,306,478.25 7,284,611.72 11.48 Corporate Note 13,435,000.00 13,269,301.54 20.91 Certificate of Deposit 1,235,000.00 1,236,771.90 1.95 Bank Note 875,000.00 885,605.88 1.40 Asset-Backed Security 5,951,384.30 5,967,878.13 9.41 Managed Account Sub-Total 65,272,862.55 63,446,694.71 100.00% Accrued Interest 433,288.10 Total Portfolio 65,272,862.55 63,879,982.81 Unsettled Trades 0.00 0.00 Sector Allocation 9.41% ABS 1.40% Bank Note 1.95% Cert of Deposit 20.20% Corporate Note 11.48% Federal Agency Commercial Mortgage-Backed Security 0.71% Priv Placement Bond 3.23% Supra-National Agency Bond / Note 51.62% US TSY Bond / Note 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years 0.38%0.89% 27.30% 22.17% 29.62% 19.64% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Weighted Average Days to Maturity 1041 3.94% 4.42% Account Page 2PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 77 For the Month Ending January 31, 2025Managed Account Issuer Summary CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Credit Quality (S&P Ratings) 4.23% A 9.15% A+ 5.85% A- 0.48% AA 63.10% AA+ 1.76% AA- 11.27% AAA 0.67% BBB 1.74% BBB+ 1.75% NR Issuer Summary Percentof HoldingsIssuer Market Value 465,027.34 0.73 Adobe Inc 301,530.00 0.48 Amazon.com Inc 1,479,386.78 2.33 American Express Co 143,879.70 0.23 AstraZeneca PLC 1,156,967.10 1.82 BA Credit Card Trust 513,825.49 0.81 Bank of America Corp 451,752.75 0.71 Bayerische Motoren Werke AG 514,839.84 0.81 Capital One Financial Corp 93,644.16 0.15 Caterpillar Inc 286,939.20 0.45 Charles Schwab Corp 271,747.71 0.43 Cisco Systems Inc 935,935.32 1.48 Citigroup Inc 433,337.65 0.68 Comcast Corp 370,912.42 0.58 Cooperatieve Rabobank UA 588,395.79 0.93 Credit Agricole Group 189,792.00 0.30 Deere & Co 628,638.13 0.99 Discover Card Execution Note Trust 6,722,129.07 10.59 Federal Home Loan Mortgage Corp 562,482.65 0.89 Federal National Mortgage Association 172,957.57 0.27 GM Financial Consumer Automobile Receiv 765,002.23 1.21 Goldman Sachs Group Inc 407,835.60 0.64 Groupe BPCE 422,257.47 0.67 Hershey Co 977,892.94 1.54 Honda Auto Receivables Owner Trust 492,840.00 0.78 Honda Motor Co Ltd 261,446.64 0.41 Honeywell International Inc 242,448.36 0.38 Hyundai Auto Receivables Trust 422,919.62 0.67 Intel Corp 2,051,934.27 3.23 International Bank for Reconstruction & 266,679.98 0.42 International Business Machines Corp 667,814.05 1.05 JPMorgan Chase & Co 240,540.51 0.38 Medallion Financial Corp Account Page 3PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 78 For the Month Ending January 31, 2025Managed Account Issuer Summary CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Percentof HoldingsIssuer Market Value 266,243.91 0.42 Mercedes-Benz Auto Receivables Trust 469,357.95 0.74 Merck & Co Inc 451,296.45 0.71 Meta Platforms Inc 459,096.36 0.72 Morgan Stanley 394,725.20 0.62 National Australia Bank Ltd 157,573.62 0.25 National Rural Utilities Cooperative Fi 121,673.76 0.19 Nissan Auto Receivables Owner Trust 395,118.80 0.62 Northern Trust Corp 265,940.13 0.42 PNC Financial Services Group Inc 595,756.04 0.94 State Street Corp 384,263.20 0.61 Texas Instruments Inc 241,347.84 0.38 Toyota Auto Receivables Owner Trust 794,565.54 1.25 Toyota Motor Corp 621,524.60 0.98 Truist Financial Corp 32,750,591.27 51.62 United States Treasury 308,978.15 0.49 UnitedHealth Group Inc 8,754.96 0.01 Volkswagen Auto Loan Enhanced Trust 885,605.88 1.40 Wells Fargo & Co 278,270.16 0.44 WF Card Issuance Trust 92,278.55 0.15 World Omni Auto Trust $63,446,694.71 Total 100.00% Account Page 4PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 79 For the Month Ending January 31, 2025Managed Account Detail of Securities Held CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY N/B DTD 11/30/2020 0.375% 11/30/2025 363,252.00 367,823.41 243.39 344,677.73 06/03/2206/01/22AaaAA+ 375,000.00 91282CAZ4 2.82 US TREASURY N/B DTD 02/01/2021 0.375% 01/31/2026 192,493.80 199,359.23 2.07 197,164.06 09/03/2109/01/21AaaAA+ 200,000.00 91282CBH3 0.70 US TREASURY N/B DTD 02/28/2019 2.500% 02/28/2026 490,836.00 498,399.20 5,317.68 494,335.94 05/13/2205/12/22AaaAA+ 500,000.00 9128286F2 2.82 US TREASURY N/B DTD 04/17/2023 3.750% 04/15/2026 795,187.20 791,256.23 8,983.52 785,187.50 04/03/2404/01/24AaaAA+ 800,000.00 91282CGV7 4.72 US TREASURY N/B DTD 04/30/2021 0.750% 04/30/2026 670,632.90 699,662.62 1,348.76 698,660.16 05/27/2105/25/21AaaAA+ 700,000.00 91282CBW0 0.79 US TREASURY N/B DTD 05/16/2016 1.625% 05/15/2026 580,500.00 598,946.14 2,100.83 596,554.69 03/07/2203/03/22AaaAA+ 600,000.00 912828R36 1.77 US TREASURY N/B DTD 05/31/2019 2.125% 05/31/2026 535,068.60 560,216.11 2,022.84 587,318.36 07/28/2107/26/21AaaAA+ 550,000.00 9128286X3 0.70 US TREASURY N/B DTD 06/30/2021 0.875% 06/30/2026 501,046.88 502,783.16 406.08 496,617.19 09/05/2409/03/24AaaAA+ 525,000.00 91282CCJ8 3.99 US TREASURY N/B DTD 06/30/2021 0.875% 06/30/2026 572,625.00 595,431.77 464.09 585,468.75 01/07/2201/06/22AaaAA+ 600,000.00 91282CCJ8 1.44 US TREASURY N/B DTD 08/15/2016 1.500% 08/15/2026 959,648.00 978,333.20 6,929.35 939,023.44 04/22/2204/21/22AaaAA+ 1,000,000.00 9128282A7 3.02 US TREASURY N/B DTD 09/30/2021 0.875% 09/30/2026 1,419,903.00 1,454,378.78 4,471.15 1,379,472.66 05/13/2205/12/22AaaAA+ 1,500,000.00 91282CCZ2 2.84 US TREASURY N/B DTD 11/01/2021 1.125% 10/31/2026 189,648.40 189,980.25 578.04 188,554.69 10/31/2410/28/24AaaAA+ 200,000.00 91282CDG3 4.14 US TREASURY N/B DTD 11/01/2021 1.125% 10/31/2026 293,955.02 309,509.17 895.96 308,595.31 11/03/2111/01/21AaaAA+ 310,000.00 91282CDG3 1.22 US TREASURY N/B DTD 11/01/2021 1.125% 10/31/2026 948,242.00 997,866.79 2,890.19 993,945.31 11/18/2111/17/21AaaAA+ 1,000,000.00 91282CDG3 1.25 Account Page 5PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 80 For the Month Ending January 31, 2025Managed Account Detail of Securities Held CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY N/B DTD 01/16/2024 4.000% 01/15/2027 572,349.83 567,936.94 1,080.11 565,948.24 07/02/2407/01/24AaaAA+ 575,000.00 91282CJT9 4.66 US TREASURY N/B DTD 01/16/2024 4.000% 01/15/2027 920,736.68 923,313.73 1,737.57 922,904.30 08/02/2408/01/24AaaAA+ 925,000.00 91282CJT9 4.10 US TREASURY N/B DTD 02/15/2017 2.250% 02/15/2027 673,011.50 693,738.50 7,275.82 686,054.69 08/03/2208/01/22AaaAA+ 700,000.00 912828V98 2.72 US TREASURY N/B DTD 03/02/2020 1.125% 02/28/2027 657,261.50 654,540.01 3,350.14 623,792.97 09/08/2309/05/23AaaAA+ 700,000.00 912828ZB9 4.54 US TREASURY N/B DTD 05/15/2017 2.375% 05/15/2027 719,502.00 736,743.87 3,838.05 722,548.83 08/24/2208/22/22AaaAA+ 750,000.00 912828X88 3.22 US TREASURY N/B DTD 05/15/2017 2.375% 05/15/2027 767,468.80 768,604.12 4,093.92 766,500.00 12/05/2412/02/24AaaAA+ 800,000.00 912828X88 4.19 US TREASURY N/B DTD 08/01/2022 2.750% 07/31/2027 482,265.50 486,693.91 37.98 475,625.00 01/06/2301/04/23AaaAA+ 500,000.00 91282CFB2 3.93 US TREASURY N/B DTD 09/30/2020 0.375% 09/30/2027 270,972.60 272,161.90 383.24 269,636.72 10/31/2410/28/24AaaAA+ 300,000.00 91282CAL5 4.09 US TREASURY N/B DTD 09/30/2022 4.125% 09/30/2027 598,031.40 609,552.03 8,431.32 610,687.50 10/03/2410/01/24AaaAA+ 600,000.00 91282CFM8 3.49 US TREASURY N/B DTD 09/30/2022 4.125% 09/30/2027 996,719.00 1,016,343.30 14,052.20 1,027,031.25 05/08/2305/03/23AaaAA+ 1,000,000.00 91282CFM8 3.46 US TREASURY N/B DTD 11/02/2020 0.500% 10/31/2027 451,660.00 457,744.14 642.27 425,820.31 01/06/2301/04/23AaaAA+ 500,000.00 91282CAU5 3.91 US TREASURY N/B DTD 11/02/2020 0.500% 10/31/2027 722,656.00 724,539.22 1,027.62 720,375.00 12/05/2412/02/24AaaAA+ 800,000.00 91282CAU5 4.18 US TREASURY N/B DTD 11/15/2024 4.125% 11/15/2027 139,442.24 139,155.83 1,244.34 139,130.47 12/31/2412/26/24AaaAA+ 140,000.00 91282CLX7 4.36 US TREASURY N/B DTD 11/15/2017 2.250% 11/15/2027 781,623.15 797,076.20 3,999.65 776,950.20 01/30/2301/25/23AaaAA+ 825,000.00 9128283F5 3.58 Account Page 6PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 81 For the Month Ending January 31, 2025Managed Account Detail of Securities Held CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY N/B DTD 02/01/2021 0.750% 01/31/2028 743,950.35 738,011.24 17.09 701,991.21 11/06/2311/03/23AaaAA+ 825,000.00 91282CBJ9 4.67 US TREASURY N/B DTD 02/15/2018 2.750% 02/15/2028 956,484.00 983,559.75 12,703.80 973,671.88 04/06/2304/05/23AaaAA+ 1,000,000.00 9128283W8 3.34 US TREASURY N/B DTD 03/31/2021 1.250% 03/31/2028 273,339.90 274,439.22 1,277.47 261,703.13 07/07/2307/05/23AaaAA+ 300,000.00 91282CBS9 4.26 US TREASURY N/B DTD 03/31/2021 1.250% 03/31/2028 455,566.50 450,688.93 2,129.12 429,921.88 10/04/2310/02/23AaaAA+ 500,000.00 91282CBS9 4.75 US TREASURY N/B DTD 04/30/2021 1.250% 04/30/2028 1,044,972.80 1,064,947.52 3,693.02 1,021,343.75 06/05/2306/01/23AaaAA+ 1,150,000.00 91282CBZ3 3.77 US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 745,658.10 739,581.11 911.60 708,500.98 11/06/2311/03/23AaaAA+ 825,000.00 91282CCH2 4.66 US TREASURY N/B DTD 08/02/2021 1.000% 07/31/2028 647,770.83 655,887.71 20.03 634,601.56 01/05/2401/03/24AaaAA+ 725,000.00 91282CCR0 4.01 US TREASURY N/B DTD 10/02/2023 4.625% 09/30/2028 989,761.78 991,816.95 15,440.38 995,197.66 12/05/2312/04/23AaaAA+ 980,000.00 91282CJA0 4.26 US TREASURY N/B DTD 10/31/2023 4.875% 10/31/2028 712,961.20 725,214.94 8,766.92 731,308.59 02/05/2402/01/24AaaAA+ 700,000.00 91282CJF9 3.83 US TREASURY N/B DTD 11/15/2018 3.125% 11/15/2028 680,185.68 682,915.51 4,780.73 676,413.67 03/06/2403/04/24AaaAA+ 710,000.00 9128285M8 4.25 US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 1,541,469.83 1,541,023.29 5,220.99 1,534,517.58 04/03/2404/01/24AaaAA+ 1,575,000.00 91282CJR3 4.35 US TREASURY N/B DTD 01/31/2022 1.750% 01/31/2029 249,046.88 248,113.23 13.29 244,137.70 06/05/2406/03/24AaaAA+ 275,000.00 91282CDW8 4.45 US TREASURY N/B DTD 01/31/2022 1.750% 01/31/2029 498,093.75 508,923.10 26.59 498,738.28 02/05/2402/01/24AaaAA+ 550,000.00 91282CDW8 3.82 US TREASURY N/B DTD 02/15/2019 2.625% 02/15/2029 1,194,465.90 1,182,304.80 15,461.11 1,167,123.05 05/06/2405/02/24AaaAA+ 1,275,000.00 9128286B1 4.62 Account Page 7PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 82 For the Month Ending January 31, 2025Managed Account Detail of Securities Held CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY N/B DTD 03/31/2022 2.375% 03/31/2029 1,110,234.00 1,107,001.99 9,708.79 1,093,734.38 06/05/2406/03/24AaaAA+ 1,200,000.00 91282CEE7 4.44 US TREASURY N/B DTD 05/02/2022 2.875% 04/30/2029 174,470.91 173,710.17 1,366.42 172,310.16 07/02/2407/01/24AaaAA+ 185,000.00 91282CEM9 4.47 US TREASURY N/B DTD 05/02/2022 2.875% 04/30/2029 943,086.00 960,966.99 7,386.05 956,757.81 08/02/2408/01/24AaaAA+ 1,000,000.00 91282CEM9 3.88 US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 262,807.60 270,780.30 790.06 270,423.83 09/05/2409/04/24AaaAA+ 275,000.00 91282CEV9 3.63 US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 501,723.60 514,199.66 1,508.29 513,290.04 09/05/2409/03/24AaaAA+ 525,000.00 91282CEV9 3.76 US TREASURY N/B DTD 08/01/2022 2.625% 07/31/2029 455,623.56 472,079.97 35.53 470,878.52 10/03/2410/01/24AaaAA+ 490,000.00 91282CFC0 3.51 US TREASURY N/B DTD 09/30/2022 3.875% 09/30/2029 611,963.13 616,746.64 8,250.34 616,357.42 11/05/2411/01/24AaaAA+ 625,000.00 91282CFL0 4.19 US TREASURY N/B DTD 12/31/2024 4.375% 12/31/2029 690,215.97 690,480.33 2,668.51 690,485.16 01/07/2501/02/25AaaAA+ 690,000.00 91282CMD0 4.36 190,024.31 32,750,591.27 33,185,483.11 3.61 32,691,989.51 34,355,000.00 Security Type Sub-Total Supra-National Agency Bond / Note INTL BK RECON & DEVELOP (CALLABLE) DTD 02/10/2021 0.650% 02/10/2026 1,630,050.99 1,691,673.35 5,233.31 1,679,728.05 05/26/2105/25/21AaaAAA 1,695,000.00 459058JS3 0.85 INTL BK RECON & DEVELOP DTD 04/10/2024 4.750% 04/10/2026 421,883.28 419,934.18 6,151.25 419,890.80 04/10/2404/03/24AaaAAA 420,000.00 459058LE1 4.76 11,384.56 2,051,934.27 2,111,607.53 1.65 2,099,618.85 2,115,000.00 Security Type Sub-Total Federal Agency Commercial Mortgage-Backed Security FHMS K062 A2 DTD 02/01/2017 3.413% 12/01/2026 303,596.64 301,187.03 881.69 294,500.00 08/22/2308/17/23AaaAA+ 310,000.00 3137BUX60 5.03 Account Page 8PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 83 For the Month Ending January 31, 2025Managed Account Detail of Securities Held CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Federal Agency Commercial Mortgage-Backed Security FHMS K067 A2 DTD 09/01/2017 3.194% 07/01/2027 338,845.15 335,960.81 931.58 327,810.55 08/22/2308/17/23AaaAA+ 350,000.00 3137FAWS3 4.97 FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 596,758.17 598,337.63 2,381.92 598,333.04 07/27/2307/19/23AaaAA+ 598,347.98 3137HAD45 4.78 FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028 602,384.40 600,357.78 2,409.50 600,515.63 08/01/2307/27/23AaaAA+ 600,000.00 3137HACX2 4.80 FNA 2023-M6 A2 DTD 07/01/2023 4.181% 07/01/2028 562,482.65 558,024.23 1,996.96 551,772.21 08/22/2308/17/23AaaAA+ 573,130.27 3136BQDE6 5.04 FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028 550,723.80 540,825.56 2,172.50 537,935.20 10/19/2310/11/23AaaAA+ 550,000.00 3137HAQ74 5.25 FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028 599,297.40 593,377.55 2,325.00 591,124.20 09/14/2309/07/23AaaAA+ 600,000.00 3137HAMH6 4.99 FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028 452,767.05 438,770.21 1,818.75 435,652.65 10/31/2310/25/23AaaAA+ 450,000.00 3137HAST4 5.60 FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028 222,571.14 219,503.43 929.32 219,363.98 11/21/2311/14/23AaaAA+ 220,000.00 3137HB3D4 5.14 FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028 321,568.96 319,277.10 1,296.00 319,080.64 12/07/2311/28/23AaaAA+ 320,000.00 3137HB3G7 4.93 FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028 288,628.59 292,368.00 1,104.90 292,899.71 02/08/2402/01/24AaaAA+ 290,000.00 3137HBLV4 4.34 FHMS K520 A2 DTD 04/01/2024 5.180% 03/01/2029 305,033.40 302,559.10 1,295.00 302,871.09 07/05/2407/01/24AaaAA+ 300,000.00 3137HCKV3 4.95 FHMS K528 A2 DTD 09/01/2024 4.508% 07/01/2029 213,221.52 218,986.62 807.68 219,295.70 09/12/2409/04/24AaaAA+ 215,000.00 3137HFNZ4 4.06 FHMS K527 A2 DTD 08/01/2024 4.618% 07/01/2029 423,177.60 431,825.14 1,635.54 432,426.45 08/22/2408/13/24AaaAA+ 425,000.00 3137HFF59 4.23 FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029 546,225.35 554,712.21 2,082.21 555,144.70 08/15/2408/07/24AaaAA+ 550,000.00 3137HDXL9 4.33 Account Page 9PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 84 For the Month Ending January 31, 2025Managed Account Detail of Securities Held CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Federal Agency Commercial Mortgage-Backed Security FHMS K529 A2 DTD 10/01/2024 4.791% 09/01/2029 360,871.56 366,813.89 1,437.30 367,195.32 10/16/2410/08/24AaaAA+ 360,000.00 3137HH6C0 4.34 FHMS K530 A2 DTD 11/01/2024 4.792% 09/01/2029 596,458.34 598,043.53 2,376.03 598,098.17 11/27/2411/19/24AaaAA+ 595,000.00 3137HHJL6 4.67 27,881.88 7,284,611.72 7,270,929.82 4.81 7,244,019.24 7,306,478.25 Security Type Sub-Total Corporate Note GOLDMAN SACHS GROUP INC (CALLABLE) DTD 02/25/2016 3.750% 02/25/2026 163,738.58 168,374.41 2,681.25 183,570.75 05/27/2105/25/21A2BBB+ 165,000.00 38143U8H7 1.30 GOLDMAN SACHS GROUP INC (CALLABLE) DTD 02/25/2016 3.750% 02/25/2026 173,662.13 174,970.70 2,843.75 174,895.00 04/29/2204/27/22A2BBB+ 175,000.00 38143U8H7 3.77 CITIGROUP INC (CALLABLE) DTD 03/17/2022 3.290% 03/17/2026 174,649.82 174,026.24 2,143.07 171,647.00 04/29/2204/27/22A3BBB+ 175,000.00 172967NL1 3.82 JPMORGAN CHASE & CO (CALLABLE) DTD 03/23/2016 3.300% 04/01/2026 335,696.28 346,700.80 3,740.00 373,585.20 05/27/2105/25/21A1A 340,000.00 46625HQW3 1.20 BANK OF AMERICA CORP DTD 04/19/2016 3.500% 04/19/2026 162,887.84 169,450.22 1,636.25 182,902.50 05/27/2105/25/21A1A- 165,000.00 06051GFX2 1.21 CITIGROUP INC DTD 05/02/2016 3.400% 05/01/2026 167,388.12 174,341.18 1,445.00 187,113.90 05/27/2105/25/21A3BBB+ 170,000.00 172967KN0 1.29 IBM CORP DTD 05/15/2019 3.300% 05/15/2026 147,552.60 154,171.48 1,045.00 165,211.50 09/03/2109/01/21A3A- 150,000.00 459200JZ5 1.08 ASTRAZENECA FINANCE LLC (CALLABLE) DTD 05/28/2021 1.200% 05/28/2026 143,879.70 150,227.87 315.00 150,814.50 09/03/2109/01/21A2A+ 150,000.00 04636NAA1 1.08 TOYOTA MOTOR CREDIT CORP DTD 06/18/2021 1.125% 06/18/2026 105,177.49 109,929.23 147.81 109,755.80 09/13/2109/08/21A1A+ 110,000.00 89236TJK2 1.17 TOYOTA MOTOR CREDIT CORP DTD 06/18/2021 1.125% 06/18/2026 239,039.75 242,674.99 335.94 228,305.00 05/16/2205/12/22A1A+ 250,000.00 89236TJK2 3.42 MORGAN STANLEY DTD 07/25/2016 3.125% 07/27/2026 220,227.08 218,013.97 78.13 210,663.00 07/07/2307/05/23A1A- 225,000.00 61761J3R8 5.41 Account Page 10PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 85 For the Month Ending January 31, 2025Managed Account Detail of Securities Held CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note STATE STREET CORP (CALLABLE) DTD 08/03/2023 5.272% 08/03/2026 595,756.04 590,161.11 15,379.60 590,330.40 08/03/2308/01/23Aa3A 590,000.00 857477CD3 5.25 AMERICAN HONDA FINANCE DTD 09/09/2021 1.300% 09/09/2026 189,760.80 199,014.44 1,025.56 197,074.00 12/03/2112/01/21A3A- 200,000.00 02665WDZ1 1.62 AMERICAN EXPRESS CO (CALLABLE) DTD 11/04/2021 1.650% 11/04/2026 213,821.77 218,140.15 897.19 207,758.25 06/03/2206/01/22A2A- 225,000.00 025816CM9 3.54 NATIONAL RURAL UTIL COOP (CALLABLE) DTD 11/02/2023 5.600% 11/13/2026 157,573.62 154,967.06 1,880.67 154,945.75 11/02/2310/30/23A2A- 155,000.00 63743HFK3 5.61 JOHN DEERE CAPITAL CORP DTD 01/10/2022 1.700% 01/11/2027 189,792.00 199,560.85 188.89 198,872.00 01/13/2201/11/22A1A 200,000.00 24422EWA3 1.82 BANK OF AMERICA CORP (CALLABLE) DTD 01/20/2023 5.080% 01/20/2027 350,937.65 346,922.00 543.28 344,473.50 07/07/2307/05/23A1A- 350,000.00 06051GLE7 5.58 GOLDMAN SACHS GROUP INC (CALLABLE) DTD 01/26/2017 3.850% 01/26/2027 427,601.52 428,879.96 232.60 421,484.55 09/07/2209/02/22A2BBB+ 435,000.00 38141GWB6 4.64 IBM CORP (CALLABLE) DTD 02/09/2022 2.200% 02/09/2027 119,127.38 123,267.83 1,313.89 120,833.75 03/28/2203/24/22A3A- 125,000.00 459200KM2 2.94 HONEYWELL INTERNATIONAL (CALLABLE) DTD 08/16/2021 1.100% 03/01/2027 261,446.64 273,554.85 1,283.33 264,583.20 03/07/2203/03/22A2A 280,000.00 438516CE4 2.27 TRUIST FINANCIAL CORP (CALLABLE) DTD 03/02/2021 1.267% 03/02/2027 264,651.20 266,673.81 1,442.09 255,332.00 03/28/2203/24/22Baa1A- 275,000.00 89788MAD4 2.83 CHARLES SCHWAB CORP (CALLABLE) DTD 03/03/2022 2.450% 03/03/2027 286,939.20 293,415.69 3,021.67 284,730.00 04/29/2204/27/22A2A- 300,000.00 808513BY0 3.60 NORTHERN TRUST CORP (CALLABLE) DTD 05/10/2022 4.000% 05/10/2027 395,118.80 402,452.88 3,600.00 405,484.00 05/16/2205/12/22A2A+ 400,000.00 665859AW4 3.70 UNITEDHEALTH GROUP INC (CALLABLE) DTD 05/20/2022 3.700% 05/15/2027 63,757.40 64,983.89 507.72 64,964.90 05/20/2205/17/22A2A+ 65,000.00 91324PEG3 3.71 UNITEDHEALTH GROUP INC (CALLABLE) DTD 05/20/2022 3.700% 05/15/2027 245,220.75 251,402.64 1,952.78 253,095.00 06/03/2206/01/22A2A+ 250,000.00 91324PEG3 3.43 Account Page 11PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 86 For the Month Ending January 31, 2025Managed Account Detail of Securities Held CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note PNC FINANCIAL SERVICES (CALLABLE) DTD 05/19/2017 3.150% 05/19/2027 265,940.13 272,962.48 1,732.50 270,765.00 08/08/2208/04/22A3A- 275,000.00 693475AT2 3.50 NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.905% 06/09/2027 394,725.20 398,362.55 2,256.22 396,532.00 06/13/2206/09/22Aa2AA- 400,000.00 63254ABE7 4.10 TRUIST FINANCIAL CORP (CALLABLE) DTD 08/03/2020 1.125% 08/03/2027 173,861.40 177,375.30 1,056.88 165,100.50 08/24/2208/22/22Baa1A- 190,000.00 89788MAC6 4.08 TRUIST FINANCIAL CORP (CALLABLE) DTD 08/03/2020 1.125% 08/03/2027 183,012.00 180,772.44 1,112.50 163,506.00 10/31/2210/27/22Baa1A- 200,000.00 89788MAC6 5.54 INTEL CORP (CALLABLE) DTD 08/05/2022 3.750% 08/05/2027 422,919.62 431,116.53 7,975.00 427,404.90 09/07/2209/02/22Baa1BBB 435,000.00 458140BY5 4.15 TOYOTA MOTOR CREDIT CORP DTD 09/20/2022 4.550% 09/20/2027 450,348.30 447,445.84 7,450.63 445,198.50 10/06/2210/04/22A1A+ 450,000.00 89236TKJ3 4.79 TEXAS INSTRUMENTS INC (CALLABLE) DTD 11/03/2017 2.900% 11/03/2027 384,263.20 386,183.98 2,835.56 375,432.00 12/09/2212/07/22Aa3A+ 400,000.00 882508BC7 4.30 COMCAST CORP (CALLABLE) DTD 11/07/2022 5.350% 11/15/2027 433,337.65 435,442.77 4,800.14 443,173.00 01/30/2301/25/23A3A- 425,000.00 20030NEA5 4.35 AMAZON.COM INC (CALLABLE) DTD 12/01/2022 4.550% 12/01/2027 301,530.00 301,511.97 2,275.00 302,691.00 12/09/2212/07/22A1AA 300,000.00 023135CP9 4.35 MORGAN STANLEY (CALLABLE) DTD 04/19/2024 5.652% 04/13/2028 238,869.28 235,944.09 3,984.66 236,236.10 05/06/2405/02/24A1A- 235,000.00 61747YFP5 5.50 JPMORGAN CHASE & CO (CALLABLE) DTD 04/22/2024 5.571% 04/22/2028 132,049.97 130,289.69 1,991.63 130,378.30 05/06/2405/02/24A1A 130,000.00 46647PEE2 5.49 HERSHEY COMPANY (CALLABLE) DTD 05/04/2023 4.250% 05/04/2028 422,257.47 427,736.95 4,365.10 429,228.75 05/08/2305/04/23A1A 425,000.00 427866BH0 4.03 META PLATFORMS INC (CALLABLE) DTD 05/03/2023 4.600% 05/15/2028 451,296.45 450,556.75 4,370.00 450,837.00 06/05/2306/01/23Aa3AA- 450,000.00 30303M8L9 4.56 MERCK & CO INC (CALLABLE) DTD 05/17/2023 4.050% 05/17/2028 469,357.95 472,718.35 3,954.38 471,546.75 05/22/2305/18/23A1A+ 475,000.00 58933YBH7 4.21 Account Page 12PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 87 For the Month Ending January 31, 2025Managed Account Detail of Securities Held CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note AMERICAN HONDA FINANCE DTD 07/07/2023 5.125% 07/07/2028 303,079.20 299,066.81 1,025.00 298,644.00 07/11/2307/07/23A3A- 300,000.00 02665WEM9 5.23 BMW US CAPITAL LLC (CALLABLE) DTD 08/11/2023 5.050% 08/11/2028 451,752.75 446,412.99 10,731.25 444,933.00 08/17/2308/14/23A2A 450,000.00 05565ECE3 5.31 CITIBANK NA (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028 593,897.38 572,828.34 11,307.79 572,148.00 10/04/2310/02/23Aa3A+ 575,000.00 17325FBB3 5.92 COOPERAT RABOBANK UA/NY DTD 01/09/2024 4.800% 01/09/2029 370,912.42 370,419.27 1,085.33 370,518.00 01/12/2401/10/24Aa2A+ 370,000.00 21688ABC5 4.77 JPMORGAN CHASE & CO (CALLABLE) DTD 01/24/2025 4.915% 01/24/2029 200,067.80 200,000.00 191.14 200,000.00 01/24/2501/16/25A1A 200,000.00 46647PEU6 4.92 CISCO SYSTEMS INC (CALLABLE) DTD 02/26/2024 4.850% 02/26/2029 271,747.71 269,922.10 5,638.13 269,905.50 02/26/2402/21/24A1AA- 270,000.00 17275RBR2 4.86 CATERPILLAR FINL SERVICE DTD 08/16/2024 4.375% 08/16/2029 93,644.16 94,764.00 1,904.95 94,742.55 08/16/2408/12/24A2A 95,000.00 14913UAQ3 4.44 ADOBE INC (CALLABLE) DTD 01/17/2025 4.950% 01/17/2030 465,027.34 459,302.08 885.50 459,296.20 01/17/2501/14/25A1A+ 460,000.00 00724PAJ8 4.98 132,609.76 13,269,301.54 13,357,413.53 4.11 13,320,642.50 13,435,000.00 Security Type Sub-Total Certificate of Deposit MEDALLION BANK UTAH DTD 07/30/2020 0.550% 07/30/2025 240,540.51 245,000.00 7.38 245,000.00 07/30/2007/30/20NRNR 245,000.00 58404DHQ7 0.55 NATIXIS NY BRANCH DTD 09/20/2023 5.610% 09/18/2026 407,835.60 400,000.00 8,477.33 400,000.00 09/20/2309/18/23A1A+ 400,000.00 63873QP65 5.61 CREDIT AGRICOLE CIB NY DTD 02/05/2024 4.760% 02/01/2027 588,395.79 590,000.00 28,084.00 590,000.00 02/05/2402/01/24A1A+ 590,000.00 22536DWD6 4.76 36,568.71 1,236,771.90 1,235,000.00 4.22 1,235,000.00 1,235,000.00 Security Type Sub-Total Bank Note Account Page 13PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 88 For the Month Ending January 31, 2025Managed Account Detail of Securities Held CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Bank Note WELLS FARGO BANK NA (CALLABLE) DTD 08/09/2023 5.450% 08/07/2026 885,605.88 874,734.09 23,048.96 874,475.00 08/09/2308/03/23Aa2A+ 875,000.00 94988J6D4 5.47 23,048.96 885,605.88 874,734.09 5.47 874,475.00 875,000.00 Security Type Sub-Total Asset-Backed Security HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 8,398.26 8,451.12 2.07 8,449.75 11/24/2111/16/21AaaNR 8,451.54 43815GAC3 0.89 VALET 2021-1 A3 DTD 12/13/2021 1.020% 06/22/2026 8,754.96 8,789.50 2.74 8,789.26 12/13/2112/07/21AaaAAA 8,789.61 92868KAC7 1.02 HART 2022-A A3 DTD 03/16/2022 2.220% 10/15/2026 43,112.96 43,391.88 42.81 43,390.83 03/16/2203/09/22NRAAA 43,392.50 448977AD0 2.22 GMCAR 2022-1 A3 DTD 01/19/2022 1.260% 11/16/2026 13,490.85 13,595.25 7.14 13,594.50 01/19/2201/11/22NRAAA 13,595.69 380146AC4 1.26 HAROT 2024-3 A2 DTD 08/21/2024 4.890% 02/22/2027 395,890.33 394,974.53 536.54 394,969.07 08/21/2408/09/24AaaNR 395,000.00 43813YAB8 4.89 WOART 2024-A A2A DTD 02/14/2024 5.050% 04/15/2027 92,278.55 92,149.98 206.84 92,147.76 02/14/2402/06/24NRAAA 92,154.98 98164RAB2 5.05 NAROT 2023-B A3 DTD 10/25/2023 5.930% 03/15/2028 121,673.76 119,982.26 316.27 119,975.64 10/25/2310/18/23AaaNR 120,000.00 65480MAD5 5.94 AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 401,992.40 399,395.92 865.78 399,125.00 08/10/2308/07/23NRAAA 400,000.00 02582JJZ4 4.92 COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028 514,839.84 510,255.45 1,011.69 508,039.45 07/18/2307/14/23NRAAA 515,000.00 14041NGD7 4.73 AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 517,565.21 514,684.61 1,114.69 514,537.30 07/18/2307/14/23NRAAA 515,000.00 02582JJZ4 4.89 BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028 652,589.60 648,546.20 1,383.78 647,867.19 07/18/2307/14/23NRAAA 650,000.00 05522RDG0 4.87 DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028 628,638.13 625,201.28 1,369.44 625,292.97 07/18/2307/14/23AaaAAA 625,000.00 254683CZ6 4.92 Account Page 14PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 89 For the Month Ending January 31, 2025Managed Account Detail of Securities Held CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Asset-Backed Security HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028 76,093.35 74,990.08 118.13 74,986.79 11/08/2311/01/23AaaNR 75,000.00 438123AC5 5.67 TAOT 2024-C A3 DTD 07/30/2024 4.880% 03/15/2029 241,347.84 240,000.00 520.53 239,999.86 07/30/2407/23/24NRAAA 240,000.00 89237QAD2 4.88 HART 2024-C A3 DTD 10/16/2024 4.410% 05/15/2029 199,335.40 199,986.74 392.00 199,985.36 10/16/2410/08/24NRAAA 200,000.00 448976AD2 4.41 BACCT 2024-A1 A DTD 06/13/2024 4.930% 05/15/2029 504,377.50 499,976.85 1,095.56 499,971.95 06/13/2406/06/24AaaAAA 500,000.00 05522RDJ4 4.93 HAROT 2024-4 A3 DTD 10/24/2024 4.330% 05/15/2029 497,511.00 497,931.58 962.22 497,929.69 01/31/2501/30/25AaaAAA 500,000.00 43816DAC9 4.44 AMXCA 2024-3 A DTD 07/23/2024 4.650% 07/15/2029 346,007.40 344,986.14 713.00 344,984.34 07/23/2407/16/24NRAAA 345,000.00 02589BAE0 4.65 GMCAR 2024-4 A3 DTD 10/16/2024 4.400% 08/16/2029 159,466.72 159,971.07 293.33 159,969.18 10/16/2410/08/24AaaAAA 160,000.00 38014AAD3 4.40 WFCIT 2024-A2 A DTD 10/24/2024 4.290% 10/15/2029 278,270.16 279,960.69 533.87 279,958.39 10/24/2410/17/24AaaAAA 280,000.00 92970QAE5 4.29 MBART 2025-1 A3 DTD 01/23/2025 4.780% 12/17/2029 266,243.91 264,944.76 281.49 264,943.63 01/23/2501/14/25AaaNR 265,000.00 58773DAD6 4.78 11,769.92 5,967,878.13 5,942,165.89 4.76 5,938,907.91 5,951,384.30 Security Type Sub-Total 65,272,862.55 63,404,653.01 3.94 433,288.10 63,977,333.97 63,446,694.71 Managed Account Sub-Total $65,272,862.55 $63,404,653.01 $433,288.10 $63,977,333.97 $63,446,694.71 3.94% $63,879,982.81 $433,288.10 Total Investments Accrued Interest Securities Sub-Total Account Page 15PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 90 For the Month Ending January 31, 2025Managed Account Fair Market Value & Analytics CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration U.S. Treasury Bond / Note (4,571.41) 18,574.27 363,252.00 96.87 Citigrou 375,000.00 91282CAZ4US TREASURY N/B DTD 11/30/2020 0.375% 11/30/2025 4.33 0.82 (6,865.43)(4,670.26) 192,493.80 96.25 Nomura 200,000.00 91282CBH3US TREASURY N/B DTD 02/01/2021 0.375% 01/31/2026 4.25 0.98 (7,563.20)(3,499.94) 490,836.00 98.17 Citigrou 500,000.00 9128286F2US TREASURY N/B DTD 02/28/2019 2.500% 02/28/2026 4.25 1.04 3,930.97 9,999.70 795,187.20 99.40 BMO 800,000.00 91282CGV7US TREASURY N/B DTD 04/17/2023 3.750% 04/15/2026 4.23 1.15 (29,029.72)(28,027.26) 670,632.90 95.80 BNPPSA 700,000.00 91282CBW0US TREASURY N/B DTD 04/30/2021 0.750% 04/30/2026 4.23 1.22 (18,446.14)(16,054.69) 580,500.00 96.75 Citigrou 600,000.00 912828R36US TREASURY N/B DTD 05/16/2016 1.625% 05/15/2026 4.22 1.25 (25,147.51)(52,249.76) 535,068.60 97.29 Citigrou 550,000.00 9128286X3US TREASURY N/B DTD 05/31/2019 2.125% 05/31/2026 4.24 1.29 (1,736.28) 4,429.69 501,046.88 95.44 WellsFar 525,000.00 91282CCJ8US TREASURY N/B DTD 06/30/2021 0.875% 06/30/2026 4.21 1.38 (22,806.77)(12,843.75) 572,625.00 95.44 WellsFar 600,000.00 91282CCJ8US TREASURY N/B DTD 06/30/2021 0.875% 06/30/2026 4.21 1.38 (18,685.20) 20,624.56 959,648.00 95.96 BOFAML 1,000,000.00 9128282A7US TREASURY N/B DTD 08/15/2016 1.500% 08/15/2026 4.21 1.49 (34,475.78) 40,430.34 1,419,903.00 94.66 Nomura 1,500,000.00 91282CCZ2US TREASURY N/B DTD 09/30/2021 0.875% 09/30/2026 4.21 1.62 (331.85) 1,093.71 189,648.40 94.82 BMO 200,000.00 91282CDG3US TREASURY N/B DTD 11/01/2021 1.125% 10/31/2026 4.21 1.70 (15,554.15)(14,640.29) 293,955.02 94.82 MorganSt 310,000.00 91282CDG3US TREASURY N/B DTD 11/01/2021 1.125% 10/31/2026 4.21 1.70 (49,624.79)(45,703.31) 948,242.00 94.82 Citigrou 1,000,000.00 91282CDG3US TREASURY N/B DTD 11/01/2021 1.125% 10/31/2026 4.21 1.70 4,412.89 6,401.59 572,349.83 99.54 Nomura 575,000.00 91282CJT9US TREASURY N/B DTD 01/16/2024 4.000% 01/15/2027 4.21 1.86 (2,577.05)(2,167.62) 920,736.68 99.54 MorganSt 925,000.00 91282CJT9US TREASURY N/B DTD 01/16/2024 4.000% 01/15/2027 4.21 1.86 (20,727.00)(13,043.19) 673,011.50 96.14 BOFAML 700,000.00 912828V98US TREASURY N/B DTD 02/15/2017 2.250% 02/15/2027 4.21 1.94 Account Page 16PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 91 For the Month Ending January 31, 2025Managed Account Fair Market Value & Analytics CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration U.S. Treasury Bond / Note 2,721.49 33,468.53 657,261.50 93.89 BMO 700,000.00 912828ZB9US TREASURY N/B DTD 03/02/2020 1.125% 02/28/2027 4.20 2.01 (17,241.87)(3,046.83) 719,502.00 95.93 BOFAML 750,000.00 912828X88US TREASURY N/B DTD 05/15/2017 2.375% 05/15/2027 4.25 2.18 (1,135.32) 968.80 767,468.80 95.93 WellsFar 800,000.00 912828X88US TREASURY N/B DTD 05/15/2017 2.375% 05/15/2027 4.25 2.18 (4,428.41) 6,640.50 482,265.50 96.45 BMO 500,000.00 91282CFB2US TREASURY N/B DTD 08/01/2022 2.750% 07/31/2027 4.22 2.38 (1,189.30) 1,335.88 270,972.60 90.32 BOFAML 300,000.00 91282CAL5US TREASURY N/B DTD 09/30/2020 0.375% 09/30/2027 4.23 2.59 (11,520.63)(12,656.10) 598,031.40 99.67 WellsFar 600,000.00 91282CFM8US TREASURY N/B DTD 09/30/2022 4.125% 09/30/2027 4.21 2.46 (19,624.30)(30,312.25) 996,719.00 99.67 Citigrou 1,000,000.00 91282CFM8US TREASURY N/B DTD 09/30/2022 4.125% 09/30/2027 4.21 2.46 (6,084.14) 25,839.69 451,660.00 90.33 BOFAML 500,000.00 91282CAU5US TREASURY N/B DTD 11/02/2020 0.500% 10/31/2027 4.27 2.67 (1,883.22) 2,281.00 722,656.00 90.33 Citigrou 800,000.00 91282CAU5US TREASURY N/B DTD 11/02/2020 0.500% 10/31/2027 4.27 2.67 286.41 311.77 139,442.24 99.60 WellsFar 140,000.00 91282CLX7US TREASURY N/B DTD 11/15/2024 4.125% 11/15/2027 4.23 2.59 (15,453.05) 4,672.95 781,623.15 94.74 Citigrou 825,000.00 9128283F5US TREASURY N/B DTD 11/15/2017 2.250% 11/15/2027 4.23 2.65 5,939.11 41,959.14 743,950.35 90.18 BMO 825,000.00 91282CBJ9US TREASURY N/B DTD 02/01/2021 0.750% 01/31/2028 4.24 2.91 (27,075.75)(17,187.88) 956,484.00 95.65 BMO 1,000,000.00 9128283W8US TREASURY N/B DTD 02/15/2018 2.750% 02/15/2028 4.25 2.84 (1,099.32) 11,636.77 273,339.90 91.11 JPMorgan 300,000.00 91282CBS9US TREASURY N/B DTD 03/31/2021 1.250% 03/31/2028 4.28 3.03 4,877.57 25,644.62 455,566.50 91.11 BOFAML 500,000.00 91282CBS9US TREASURY N/B DTD 03/31/2021 1.250% 03/31/2028 4.28 3.03 (19,974.72) 23,629.05 1,044,972.80 90.87 BMO 1,150,000.00 91282CBZ3US TREASURY N/B DTD 04/30/2021 1.250% 04/30/2028 4.29 3.11 6,076.99 37,157.12 745,658.10 90.38 MorganSt 825,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 4.30 3.28 Account Page 17PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 92 For the Month Ending January 31, 2025Managed Account Fair Market Value & Analytics CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration U.S. Treasury Bond / Note (8,116.88) 13,169.27 647,770.83 89.35 WellsFar 725,000.00 91282CCR0US TREASURY N/B DTD 08/02/2021 1.000% 07/31/2028 4.27 3.37 (2,055.17)(5,435.88) 989,761.78 101.00 BOFAML 980,000.00 91282CJA0US TREASURY N/B DTD 10/02/2023 4.625% 09/30/2028 4.28 3.30 (12,253.74)(18,347.39) 712,961.20 101.85 Citigrou 700,000.00 91282CJF9US TREASURY N/B DTD 10/31/2023 4.875% 10/31/2028 4.28 3.37 (2,729.83) 3,772.01 680,185.68 95.80 BMO 710,000.00 9128285M8US TREASURY N/B DTD 11/15/2018 3.125% 11/15/2028 4.29 3.50 446.54 6,952.25 1,541,469.83 97.87 BMO 1,575,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 4.30 3.59 933.65 4,909.18 249,046.88 90.56 BMO 275,000.00 91282CDW8US TREASURY N/B DTD 01/31/2022 1.750% 01/31/2029 4.30 3.80 (10,829.35)(644.53) 498,093.75 90.56 Nomura 550,000.00 91282CDW8US TREASURY N/B DTD 01/31/2022 1.750% 01/31/2029 4.30 3.80 12,161.10 27,342.85 1,194,465.90 93.68 BOFAML 1,275,000.00 9128286B1US TREASURY N/B DTD 02/15/2019 2.625% 02/15/2029 4.34 3.73 3,232.01 16,499.62 1,110,234.00 92.52 Citigrou 1,200,000.00 91282CEE7US TREASURY N/B DTD 03/31/2022 2.375% 03/31/2029 4.31 3.87 760.74 2,160.75 174,470.91 94.31 BMO 185,000.00 91282CEM9US TREASURY N/B DTD 05/02/2022 2.875% 04/30/2029 4.31 3.91 (17,880.99)(13,671.81) 943,086.00 94.31 BOFAML 1,000,000.00 91282CEM9US TREASURY N/B DTD 05/02/2022 2.875% 04/30/2029 4.31 3.91 (7,972.70)(7,616.23) 262,807.60 95.57 Nomura 275,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 4.31 4.05 (12,476.06)(11,566.44) 501,723.60 95.57 BOFAML 525,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 4.31 4.05 (16,456.41)(15,254.96) 455,623.56 92.98 Nomura 490,000.00 91282CFC0US TREASURY N/B DTD 08/01/2022 2.625% 07/31/2029 4.31 4.18 (4,783.51)(4,394.29) 611,963.13 97.91 BOFAML 625,000.00 91282CFL0US TREASURY N/B DTD 09/30/2022 3.875% 09/30/2029 4.32 4.17 (264.36)(269.19) 690,215.97 100.03 MorganSt 690,000.00 91282CMD0US TREASURY N/B DTD 12/31/2024 4.375% 12/31/2029 4.36 4.37 58,601.76 4.26 (434,891.84) 32,750,591.27 34,355,000.00 Security Type Sub-Total 2.65 Account Page 18PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 93 For the Month Ending January 31, 2025Managed Account Fair Market Value & Analytics CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Supra-National Agency Bond / Note (61,622.36)(49,677.06) 1,630,050.99 96.17 02/10/25KEYB 1,695,000.00 459058JS3INTL BK RECON & DEVELOP (CALLABLE) DTD 02/10/2021 0.650% 02/10/2026 4.52 1.00 1,949.10 1,992.48 421,883.28 100.45 BOFAML 420,000.00 459058LE1INTL BK RECON & DEVELOP DTD 04/10/2024 4.750% 04/10/2026 4.31 1.13 (47,684.58) 4.48 (59,673.26) 2,051,934.27 2,115,000.00 Security Type Sub-Total 1.02 Federal Agency Commercial Mortgage-Backed Security 2,409.61 9,096.64 303,596.64 97.93 Barclays 310,000.00 3137BUX60FHMS K062 A2 DTD 02/01/2017 3.413% 12/01/2026 4.45 1.75 2,884.34 11,034.60 338,845.15 96.81 TD Secur 350,000.00 3137FAWS3FHMS K067 A2 DTD 09/01/2017 3.194% 07/01/2027 4.48 2.29 (1,579.46)(1,574.87) 596,758.17 99.73 JPMorgan 598,347.98 3137HAD45FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 4.75 2.20 2,026.62 1,868.77 602,384.40 100.40 SAN 600,000.00 3137HACX2FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028 4.57 2.99 4,458.42 10,710.44 562,482.65 98.14 JPMorgan 573,130.27 3136BQDE6FNA 2023-M6 A2 DTD 07/01/2023 4.181% 07/01/2028 4.68 3.13 9,898.24 12,788.60 550,723.80 100.13 BMO 550,000.00 3137HAQ74FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028 4.59 3.16 5,919.85 8,173.20 599,297.40 99.88 WellsFar 600,000.00 3137HAMH6FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028 4.58 3.13 13,996.84 17,114.40 452,767.05 100.61 MorganSt 450,000.00 3137HAST4FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028 4.56 3.23 3,067.71 3,207.16 222,571.14 101.17 JPMorgan 220,000.00 3137HB3D4FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028 4.61 3.26 2,291.86 2,488.32 321,568.96 100.49 BOFAML 320,000.00 3137HB3G7FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028 4.62 3.30 (3,739.41)(4,271.12) 288,628.59 99.53 JPMorgan 290,000.00 3137HBLV4FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028 4.62 3.39 2,474.30 2,162.31 305,033.40 101.68 WellsFar 300,000.00 3137HCKV3FHMS K520 A2 DTD 04/01/2024 5.180% 03/01/2029 4.66 3.62 (5,765.10)(6,074.18) 213,221.52 99.17 BOFAML 215,000.00 3137HFNZ4FHMS K528 A2 DTD 09/01/2024 4.508% 07/01/2029 4.64 3.96 Account Page 19PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 94 For the Month Ending January 31, 2025Managed Account Fair Market Value & Analytics CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Federal Agency Commercial Mortgage-Backed Security (8,647.54)(9,248.85) 423,177.60 99.57 MorganSt 425,000.00 3137HFF59FHMS K527 A2 DTD 08/01/2024 4.618% 07/01/2029 4.65 3.94 (8,486.86)(8,919.35) 546,225.35 99.31 BMO 550,000.00 3137HDXL9FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029 4.64 3.95 (5,942.33)(6,323.76) 360,871.56 100.24 MorganSt 360,000.00 3137HH6C0FHMS K529 A2 DTD 10/01/2024 4.791% 09/01/2029 4.65 4.05 (1,585.19)(1,639.83) 596,458.34 100.25 JPMorgan 595,000.00 3137HHJL6FHMS K530 A2 DTD 11/01/2024 4.792% 09/01/2029 4.65 4.06 40,592.48 4.62 13,681.90 7,284,611.72 7,306,478.25 Security Type Sub-Total 3.25 Corporate Note (4,635.83)(19,832.17) 163,738.58 99.24 11/25/25JPMorgan 165,000.00 38143U8H7GOLDMAN SACHS GROUP INC (CALLABLE) DTD 02/25/2016 3.750% 02/25/2026 4.50 0.97 (1,308.57)(1,232.87) 173,662.13 99.24 11/25/25MAXE 175,000.00 38143U8H7GOLDMAN SACHS GROUP INC (CALLABLE) DTD 02/25/2016 3.750% 02/25/2026 4.50 0.97 623.58 3,002.82 174,649.82 99.80 03/17/25GoldmanS 175,000.00 172967NL1CITIGROUP INC (CALLABLE) DTD 03/17/2022 3.290% 03/17/2026 5.79 0.12 (11,004.52)(37,888.92) 335,696.28 98.73 01/01/26JANE 340,000.00 46625HQW3JPMORGAN CHASE & CO (CALLABLE) DTD 03/23/2016 3.300% 04/01/2026 4.38 1.08 (6,562.38)(20,014.66) 162,887.84 98.72 FifthThi 165,000.00 06051GFX2BANK OF AMERICA CORP DTD 04/19/2016 3.500% 04/19/2026 4.58 1.16 (6,953.06)(19,725.78) 167,388.12 98.46 JPMorgan 170,000.00 172967KN0CITIGROUP INC DTD 05/02/2016 3.400% 05/01/2026 4.68 1.19 (6,618.88)(17,658.90) 147,552.60 98.37 MorganSt 150,000.00 459200JZ5IBM CORP DTD 05/15/2019 3.300% 05/15/2026 4.58 1.23 (6,348.17)(6,934.80) 143,879.70 95.92 04/28/26MorganSt 150,000.00 04636NAA1ASTRAZENECA FINANCE LLC (CALLABLE) DTD 05/28/2021 1.200% 05/28/2026 4.39 1.28 (4,751.74)(4,578.31) 105,177.49 95.62 JPMorgan 110,000.00 89236TJK2TOYOTA MOTOR CREDIT CORP DTD 06/18/2021 1.125% 06/18/2026 4.41 1.34 (3,635.24) 10,734.75 239,039.75 95.62 JANE 250,000.00 89236TJK2TOYOTA MOTOR CREDIT CORP DTD 06/18/2021 1.125% 06/18/2026 4.41 1.34 2,213.11 9,564.08 220,227.08 97.88 SEEL 225,000.00 61761J3R8MORGAN STANLEY DTD 07/25/2016 3.125% 07/27/2026 4.57 1.43 Account Page 20PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 95 For the Month Ending January 31, 2025Managed Account Fair Market Value & Analytics CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Corporate Note 5,594.93 5,425.64 595,756.04 100.98 07/03/26JPMorgan 590,000.00 857477CD3STATE STREET CORP (CALLABLE) DTD 08/03/2023 5.272% 08/03/2026 4.56 1.35 (9,253.64)(7,313.20) 189,760.80 94.88 RBC Capi 200,000.00 02665WDZ1AMERICAN HONDA FINANCE DTD 09/09/2021 1.300% 09/09/2026 4.64 1.55 (4,318.38) 6,063.52 213,821.77 95.03 10/04/26JANE 225,000.00 025816CM9AMERICAN EXPRESS CO (CALLABLE) DTD 11/04/2021 1.650% 11/04/2026 4.60 1.69 2,606.56 2,627.87 157,573.62 101.66 10/13/26MIZU 155,000.00 63743HFK3NATIONAL RURAL UTIL COOP (CALLABLE) DTD 11/02/2023 5.600% 11/13/2026 4.61 1.61 (9,768.85)(9,080.00) 189,792.00 94.90 JPMorgan 200,000.00 24422EWA3JOHN DEERE CAPITAL CORP DTD 01/10/2022 1.700% 01/11/2027 4.45 1.88 4,015.65 6,464.15 350,937.65 100.27 01/20/26JPMorgan 350,000.00 06051GLE7BANK OF AMERICA CORP (CALLABLE) DTD 01/20/2023 5.080% 01/20/2027 5.20 0.93 (1,278.44) 6,116.97 427,601.52 98.30 01/26/26MorganSt 435,000.00 38141GWB6GOLDMAN SACHS GROUP INC (CALLABLE) DTD 01/26/2017 3.850% 01/26/2027 4.71 1.67 (4,140.45)(1,706.37) 119,127.38 95.30 01/09/27Deutsche 125,000.00 459200KM2IBM CORP (CALLABLE) DTD 02/09/2022 2.200% 02/09/2027 4.64 1.92 (12,108.21)(3,136.56) 261,446.64 93.37 02/01/27MorganSt 280,000.00 438516CE4HONEYWELL INTERNATIONAL (CALLABLE) DTD 08/16/2021 1.100% 03/01/2027 4.46 2.00 (2,022.61) 9,319.20 264,651.20 96.24 03/02/26GoldmanS 275,000.00 89788MAD4TRUIST FINANCIAL CORP (CALLABLE) DTD 03/02/2021 1.267% 03/02/2027 4.94 1.06 (6,476.49) 2,209.20 286,939.20 95.65 02/03/27CSFirstB 300,000.00 808513BY0CHARLES SCHWAB CORP (CALLABLE) DTD 03/03/2022 2.450% 03/03/2027 4.63 1.97 (7,334.08)(10,365.20) 395,118.80 98.78 04/10/27Deutsche 400,000.00 665859AW4NORTHERN TRUST CORP (CALLABLE) DTD 05/10/2022 4.000% 05/10/2027 4.52 2.10 (1,226.49)(1,207.50) 63,757.40 98.09 04/15/27BOFAML 65,000.00 91324PEG3UNITEDHEALTH GROUP INC (CALLABLE) DTD 05/20/2022 3.700% 05/15/2027 4.56 2.12 (6,181.89)(7,874.25) 245,220.75 98.09 04/15/27MAXE 250,000.00 91324PEG3UNITEDHEALTH GROUP INC (CALLABLE) DTD 05/20/2022 3.700% 05/15/2027 4.56 2.12 (7,022.35)(4,824.87) 265,940.13 96.71 04/19/27JANE 275,000.00 693475AT2PNC FINANCIAL SERVICES (CALLABLE) DTD 05/19/2017 3.150% 05/19/2027 4.64 2.15 (3,637.35)(1,806.80) 394,725.20 98.68 JPMorgan 400,000.00 63254ABE7NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.905% 06/09/2027 4.49 2.21 (3,513.90) 8,760.90 173,861.40 91.51 06/03/27JANE 190,000.00 89788MAC6TRUIST FINANCIAL CORP (CALLABLE) DTD 08/03/2020 1.125% 08/03/2027 4.75 2.40 Account Page 21PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 96 For the Month Ending January 31, 2025Managed Account Fair Market Value & Analytics CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Corporate Note 2,239.56 19,506.00 183,012.00 91.51 06/03/27GoldmanS 200,000.00 89788MAC6TRUIST FINANCIAL CORP (CALLABLE) DTD 08/03/2020 1.125% 08/03/2027 4.75 2.40 (8,196.91)(4,485.28) 422,919.62 97.22 07/05/27BNPPSA 435,000.00 458140BY5INTEL CORP (CALLABLE) DTD 08/05/2022 3.750% 08/05/2027 4.91 2.30 2,902.46 5,149.80 450,348.30 100.08 Citigrou 450,000.00 89236TKJ3TOYOTA MOTOR CREDIT CORP DTD 09/20/2022 4.550% 09/20/2027 4.53 2.42 (1,920.78) 8,831.20 384,263.20 96.07 08/03/27MorganSt 400,000.00 882508BC7TEXAS INSTRUMENTS INC (CALLABLE) DTD 11/03/2017 2.900% 11/03/2027 4.43 2.55 (2,105.12)(9,835.35) 433,337.65 101.96 10/15/27TD Secur 425,000.00 20030NEA5COMCAST CORP (CALLABLE) DTD 11/07/2022 5.350% 11/15/2027 4.54 2.50 18.03 (1,161.00) 301,530.00 100.51 11/01/27RBC Capi 300,000.00 023135CP9AMAZON.COM INC (CALLABLE) DTD 12/01/2022 4.550% 12/01/2027 4.32 2.58 2,925.19 2,633.18 238,869.28 101.65 04/13/27JANE 235,000.00 61747YFP5MORGAN STANLEY (CALLABLE) DTD 04/19/2024 5.652% 04/13/2028 5.00 2.02 1,760.28 1,671.67 132,049.97 101.58 04/22/27MAXE 130,000.00 46647PEE2JPMORGAN CHASE & CO (CALLABLE) DTD 04/22/2024 5.571% 04/22/2028 4.92 2.05 (5,479.48)(6,971.28) 422,257.47 99.35 04/04/28GoldmanS 425,000.00 427866BH0HERSHEY COMPANY (CALLABLE) DTD 05/04/2023 4.250% 05/04/2028 4.42 2.95 739.70 459.45 451,296.45 100.29 04/15/28JPMorgan 450,000.00 30303M8L9META PLATFORMS INC (CALLABLE) DTD 05/03/2023 4.600% 05/15/2028 4.46 2.96 (3,360.40)(2,188.80) 469,357.95 98.81 04/17/28Citigrou 475,000.00 58933YBH7MERCK & CO INC (CALLABLE) DTD 05/17/2023 4.050% 05/17/2028 4.41 3.00 4,012.39 4,435.20 303,079.20 101.03 GoldmanS 300,000.00 02665WEM9AMERICAN HONDA FINANCE DTD 07/07/2023 5.125% 07/07/2028 4.78 3.11 5,339.76 6,819.75 451,752.75 100.39 07/11/28Barclays 450,000.00 05565ECE3BMW US CAPITAL LLC (CALLABLE) DTD 08/11/2023 5.050% 08/11/2028 4.89 3.09 21,069.04 21,749.38 593,897.38 103.29 08/29/28GoldmanS 575,000.00 17325FBB3CITIBANK NA (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028 4.76 3.18 493.15 394.42 370,912.42 100.25 MIZU 370,000.00 21688ABC5COOPERAT RABOBANK UA/NY DTD 01/09/2024 4.800% 01/09/2029 4.68 3.54 67.80 67.80 200,067.80 100.03 01/24/28JPMorgan 200,000.00 46647PEU6JPMORGAN CHASE & CO (CALLABLE) DTD 01/24/2025 4.915% 01/24/2029 4.94 2.75 1,825.61 1,842.21 271,747.71 100.65 01/26/29Citigrou 270,000.00 17275RBR2CISCO SYSTEMS INC (CALLABLE) DTD 02/26/2024 4.850% 02/26/2029 4.63 3.55 Account Page 22PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 97 For the Month Ending January 31, 2025Managed Account Fair Market Value & Analytics CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Corporate Note (1,119.84)(1,098.39) 93,644.16 98.57 BOFAML 95,000.00 14913UAQ3CATERPILLAR FINL SERVICE DTD 08/16/2024 4.375% 08/16/2029 4.68 3.99 5,725.26 5,731.14 465,027.34 101.09 12/17/29BOFAML 460,000.00 00724PAJ8ADOBE INC (CALLABLE) DTD 01/17/2025 4.950% 01/17/2030 4.65 4.33 (51,340.96) 4.64 (88,111.99) 13,269,301.54 13,435,000.00 Security Type Sub-Total 2.25 Certificate of Deposit (4,459.49)(4,459.49) 240,540.51 98.18 NEW ACC 245,000.00 58404DHQ7MEDALLION BANK UTAH DTD 07/30/2020 0.550% 07/30/2025 4.39 0.48 7,835.60 7,835.60 407,835.60 101.96 WellsFar 400,000.00 63873QP65NATIXIS NY BRANCH DTD 09/20/2023 5.610% 09/18/2026 4.26 1.55 (1,604.21)(1,604.21) 588,395.79 99.73 CRAG 590,000.00 22536DWD6CREDIT AGRICOLE CIB NY DTD 02/05/2024 4.760% 02/01/2027 4.81 1.82 1,771.90 4.55 1,771.90 1,236,771.90 1,235,000.00 Security Type Sub-Total 1.47 Bank Note 10,871.79 11,130.88 885,605.88 101.21 07/07/26BOFAML 875,000.00 94988J6D4WELLS FARGO BANK NA (CALLABLE) DTD 08/09/2023 5.450% 08/07/2026 4.58 1.35 11,130.88 4.58 10,871.79 885,605.88 875,000.00 Security Type Sub-Total 1.35 Asset-Backed Security (52.86)(51.49) 8,398.26 99.37 BOFAML 8,451.54 43815GAC3HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 8.67 0.16 (34.54)(34.30) 8,754.96 99.61 WellsFar 8,789.61 92868KAC7VALET 2021-1 A3 DTD 12/13/2021 1.020% 06/22/2026 4.32 0.11 (278.92)(277.87) 43,112.96 99.36 BOFAML 43,392.50 448977AD0HART 2022-A A3 DTD 03/16/2022 2.220% 10/15/2026 4.48 0.27 (104.40)(103.65) 13,490.85 99.23 BNPPSA 13,595.69 380146AC4GMCAR 2022-1 A3 DTD 01/19/2022 1.260% 11/16/2026 4.45 0.23 915.80 921.26 395,890.33 100.23 JPMorgan 395,000.00 43813YAB8HAROT 2024-3 A2 DTD 08/21/2024 4.890% 02/22/2027 4.54 0.63 Account Page 23PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 98 For the Month Ending January 31, 2025Managed Account Fair Market Value & Analytics CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Asset-Backed Security 128.57 130.79 92,278.55 100.13 MIZU 92,154.98 98164RAB2WOART 2024-A A2A DTD 02/14/2024 5.050% 04/15/2027 4.62 0.31 1,691.50 1,698.12 121,673.76 101.39 MIZU 120,000.00 65480MAD5NAROT 2023-B A3 DTD 10/25/2023 5.930% 03/15/2028 4.49 0.95 2,596.48 2,867.40 401,992.40 100.50 SUMITR 400,000.00 02582JJZ4AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 4.47 1.22 4,584.39 6,800.39 514,839.84 99.97 SUMITR 515,000.00 14041NGD7COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028 4.44 1.22 2,880.60 3,027.91 517,565.21 100.50 SUMITR 515,000.00 02582JJZ4AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 4.47 1.22 4,043.40 4,722.41 652,589.60 100.40 SUMITR 650,000.00 05522RDG0BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028 4.47 1.22 3,436.85 3,345.16 628,638.13 100.58 SUMITR 625,000.00 254683CZ6DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028 4.49 1.30 1,103.27 1,106.56 76,093.35 101.46 JPMorgan 75,000.00 438123AC5HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028 4.50 1.22 1,347.84 1,347.98 241,347.84 100.56 MUFG 240,000.00 89237QAD2TAOT 2024-C A3 DTD 07/30/2024 4.880% 03/15/2029 4.57 1.68 (651.34)(649.96) 199,335.40 99.67 Barclays 200,000.00 448976AD2HART 2024-C A3 DTD 10/16/2024 4.410% 05/15/2029 4.56 2.02 4,400.65 4,405.55 504,377.50 100.88 BOFAML 500,000.00 05522RDJ4BACCT 2024-A1 A DTD 06/13/2024 4.930% 05/15/2029 4.52 2.11 (420.58)(418.69) 497,511.00 99.50 BOFAML 500,000.00 43816DAC9HAROT 2024-4 A3 DTD 10/24/2024 4.330% 05/15/2029 4.57 1.94 1,021.26 1,023.06 346,007.40 100.29 Citigrou 345,000.00 02589BAE0AMXCA 2024-3 A DTD 07/23/2024 4.650% 07/15/2029 4.51 2.27 (504.35)(502.46) 159,466.72 99.67 MIZU 160,000.00 38014AAD3GMCAR 2024-4 A3 DTD 10/16/2024 4.400% 08/16/2029 4.55 2.05 (1,690.53)(1,688.23) 278,270.16 99.38 WellsFar 280,000.00 92970QAE5WFCIT 2024-A2 A DTD 10/24/2024 4.290% 10/15/2029 4.51 2.50 1,299.15 1,300.28 266,243.91 100.47 SGAS 265,000.00 58773DAD6MBART 2025-1 A3 DTD 01/23/2025 4.780% 12/17/2029 4.57 2.33 28,970.22 4.51 25,712.24 5,967,878.13 5,951,384.30 Security Type Sub-Total 1.53 Account Page 24PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 99 For the Month Ending January 31, 2025Managed Account Fair Market Value & Analytics CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration 65,272,862.55 63,446,694.71 42,041.70 (530,639.26) 4.42 Managed Account Sub-Total 2.44 Total Investments $63,879,982.81 $433,288.10 $63,446,694.71 Accrued Interest Securities Sub-Total $65,272,862.55 $42,041.70 ($530,639.26) 4.42% 2.44 Account Page 25PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 100 For the Month Ending January 31, 2025Managed Account Security Transactions & Interest CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method BUY 01/07/25 US TREASURY N/B DTD 12/31/2024 4.375% 12/31/2029 91282CMD0 (690,485.16)(583.74)(691,068.90) 690,000.00 01/02/25 01/17/25 ADOBE INC (CALLABLE) DTD 01/17/2025 4.950% 01/17/2030 00724PAJ8 (459,296.20) 0.00 (459,296.20) 460,000.00 01/14/25 01/23/25 MBART 2025-1 A3 DTD 01/23/2025 4.780% 12/17/2029 58773DAD6 (264,943.63) 0.00 (264,943.63) 265,000.00 01/14/25 01/24/25 JPMORGAN CHASE & CO (CALLABLE) DTD 01/24/2025 4.915% 01/24/2029 46647PEU6 (200,000.00) 0.00 (200,000.00) 200,000.00 01/16/25 01/31/25 HAROT 2024-4 A3 DTD 10/24/2024 4.330% 05/15/2029 43816DAC9 (497,929.69)(962.22)(498,891.91) 500,000.00 01/30/25 (1,545.96) (2,114,200.64)(2,112,654.68) 2,115,000.00 Transaction Type Sub-Total INTEREST 01/25/25 FHMS K529 A2 DTD 10/01/2024 4.791% 09/01/2029 3137HH6C0 0.00 1,437.30 1,437.30 01/01/25 01/25/25 FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028 3137HAST4 0.00 1,818.75 1,818.75 01/01/25 01/25/25 FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029 3137HDXL9 0.00 2,082.21 2,082.21 01/01/25 01/25/25 FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 3137HAD45 0.00 2,383.58 2,383.58 01/01/25 01/25/25 FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028 3137HAQ74 0.00 2,172.50 2,172.50 01/01/25 01/25/25 FHMS K067 A2 DTD 09/01/2017 3.194% 07/01/2027 3137FAWS3 0.00 931.58 931.58 01/01/25 01/25/25 FHMS K530 A2 DTD 11/01/2024 4.792% 09/01/2029 3137HHJL6 0.00 2,376.03 2,376.03 01/01/25 01/25/25 FHMS K520 A2 DTD 04/01/2024 5.180% 03/01/2029 3137HCKV3 0.00 1,295.00 1,295.00 01/01/25 01/25/25 FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028 3137HAMH6 0.00 2,325.00 2,325.00 01/01/25 01/25/25 FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028 3137HB3D4 0.00 929.32 929.32 01/01/25 Account Page 26PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 101 For the Month Ending January 31, 2025Managed Account Security Transactions & Interest CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method INTEREST 01/25/25 FNA 2023-M6 A2 DTD 07/01/2023 4.181% 07/01/2028 3136BQDE6 0.00 1,997.64 1,997.64 01/01/25 01/25/25 FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028 3137HB3G7 0.00 1,296.00 1,296.00 01/01/25 01/25/25 FHMS K527 A2 DTD 08/01/2024 4.618% 07/01/2029 3137HFF59 0.00 1,635.54 1,635.54 01/01/25 01/25/25 FHMS K062 A2 DTD 02/01/2017 3.413% 12/01/2026 3137BUX60 0.00 881.69 881.69 01/01/25 01/25/25 FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028 3137HACX2 0.00 2,409.50 2,409.50 01/01/25 01/25/25 FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028 3137HBLV4 0.00 1,104.90 1,104.90 01/01/25 01/25/25 FHMS K528 A2 DTD 09/01/2024 4.508% 07/01/2029 3137HFNZ4 0.00 807.68 807.68 01/01/25 01/02/25 MONEY MARKET FUND DTD 01/01/2010 0.000% -- MONEY0002 0.00 56.65 56.65 01/02/25 01/07/25 AMERICAN HONDA FINANCE DTD 07/07/2023 5.125% 07/07/2028 02665WEM9 0.00 7,687.50 7,687.50 01/07/25 01/09/25 COOPERAT RABOBANK UA/NY DTD 01/09/2024 4.800% 01/09/2029 21688ABC5 0.00 8,880.00 8,880.00 01/09/25 01/11/25 JOHN DEERE CAPITAL CORP DTD 01/10/2022 1.700% 01/11/2027 24422EWA3 0.00 1,700.00 1,700.00 01/11/25 01/15/25 HART 2022-A A3 DTD 03/16/2022 2.220% 10/15/2026 448977AD0 0.00 93.78 93.78 01/15/25 01/15/25 WFCIT 2024-A2 A DTD 10/24/2024 4.290% 10/15/2029 92970QAE5 0.00 1,001.00 1,001.00 01/15/25 01/15/25 HART 2024-C A3 DTD 10/16/2024 4.410% 05/15/2029 448976AD2 0.00 735.00 735.00 01/15/25 01/15/25 AMXCA 2024-3 A DTD 07/23/2024 4.650% 07/15/2029 02589BAE0 0.00 1,336.88 1,336.88 01/15/25 01/15/25 AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 02582JJZ4 0.00 3,713.38 3,713.38 01/15/25 01/15/25 BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028 05522RDG0 0.00 2,594.58 2,594.58 01/15/25 Account Page 27PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 102 For the Month Ending January 31, 2025Managed Account Security Transactions & Interest CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method INTEREST 01/15/25 DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028 254683CZ6 0.00 2,567.71 2,567.71 01/15/25 01/15/25 TAOT 2024-C A3 DTD 07/30/2024 4.880% 03/15/2029 89237QAD2 0.00 976.00 976.00 01/15/25 01/15/25 NAROT 2023-B A3 DTD 10/25/2023 5.930% 03/15/2028 65480MAD5 0.00 593.00 593.00 01/15/25 01/15/25 WOART 2024-A A2A DTD 02/14/2024 5.050% 04/15/2027 98164RAB2 0.00 439.67 439.67 01/15/25 01/15/25 US TREASURY N/B DTD 01/16/2024 4.000% 01/15/2027 91282CJT9 0.00 30,000.00 30,000.00 01/15/25 01/15/25 COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028 14041NGD7 0.00 1,896.92 1,896.92 01/15/25 01/15/25 BACCT 2024-A1 A DTD 06/13/2024 4.930% 05/15/2029 05522RDJ4 0.00 2,054.17 2,054.17 01/15/25 01/16/25 GMCAR 2024-4 A3 DTD 10/16/2024 4.400% 08/16/2029 38014AAD3 0.00 586.67 586.67 01/16/25 01/16/25 GMCAR 2022-1 A3 DTD 01/19/2022 1.260% 11/16/2026 380146AC4 0.00 16.96 16.96 01/16/25 01/20/25 BANK OF AMERICA CORP (CALLABLE) DTD 01/20/2023 5.080% 01/20/2027 06051GLE7 0.00 8,890.00 8,890.00 01/20/25 01/20/25 VALET 2021-1 A3 DTD 12/13/2021 1.020% 06/22/2026 92868KAC7 0.00 10.98 10.98 01/20/25 01/21/25 HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 43815GAC3 0.00 8.05 8.05 01/21/25 01/21/25 HAROT 2024-3 A2 DTD 08/21/2024 4.890% 02/22/2027 43813YAB8 0.00 1,609.63 1,609.63 01/21/25 01/21/25 HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028 438123AC5 0.00 354.38 354.38 01/21/25 01/26/25 GOLDMAN SACHS GROUP INC (CALLABLE) DTD 01/26/2017 3.850% 01/26/2027 38141GWB6 0.00 8,373.75 8,373.75 01/26/25 01/27/25 MORGAN STANLEY DTD 07/25/2016 3.125% 07/27/2026 61761J3R8 0.00 3,515.63 3,515.63 01/27/25 Account Page 28PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 103 For the Month Ending January 31, 2025Managed Account Security Transactions & Interest CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method INTEREST 01/30/25 MEDALLION BANK UTAH DTD 07/30/2020 0.550% 07/30/2025 58404DHQ7 0.00 114.45 114.45 01/30/25 01/31/25 US TREASURY N/B DTD 08/01/2022 2.625% 07/31/2029 91282CFC0 0.00 6,431.25 6,431.25 01/31/25 01/31/25 US TREASURY N/B DTD 02/01/2021 0.750% 01/31/2028 91282CBJ9 0.00 3,093.75 3,093.75 01/31/25 01/31/25 US TREASURY N/B DTD 02/01/2021 0.375% 01/31/2026 91282CBH3 0.00 375.00 375.00 01/31/25 01/31/25 US TREASURY N/B DTD 08/02/2021 1.000% 07/31/2028 91282CCR0 0.00 3,625.00 3,625.00 01/31/25 01/31/25 US TREASURY N/B DTD 01/31/2022 1.750% 01/31/2029 91282CDW8 0.00 7,218.75 7,218.75 01/31/25 01/31/25 US TREASURY N/B DTD 08/01/2022 2.750% 07/31/2027 91282CFB2 0.00 6,875.00 6,875.00 01/31/25 145,309.71 145,309.71 0.00 Transaction Type Sub-Total PAYDOWNS 01/25/25 FNA 2023-M6 A2 DTD 07/01/2023 4.181% 07/01/2028 3136BQDE6 193.68 0.00 193.68 7.22 5.23 193.68 01/01/25 01/25/25 FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 3137HAD45 414.87 0.00 414.87 0.01 0.00 414.87 01/01/25 01/15/25 HART 2022-A A3 DTD 03/16/2022 2.220% 10/15/2026 448977AD0 7,300.44 0.00 7,300.44 0.28 0.11 7,300.44 01/15/25 01/15/25 WOART 2024-A A2A DTD 02/14/2024 5.050% 04/15/2027 98164RAB2 12,321.69 0.00 12,321.69 0.97 0.68 12,321.69 01/15/25 01/16/25 GMCAR 2022-1 A3 DTD 01/19/2022 1.260% 11/16/2026 380146AC4 2,553.92 0.00 2,553.92 0.22 0.08 2,553.92 01/16/25 01/20/25 VALET 2021-1 A3 DTD 12/13/2021 1.020% 06/22/2026 92868KAC7 4,125.35 0.00 4,125.35 0.16 0.05 4,125.35 01/20/25 01/21/25 HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 43815GAC3 2,529.54 0.00 2,529.54 0.53 0.13 2,529.54 01/21/25 0.00 6.28 9.39 29,439.49 29,439.49 29,439.49 Transaction Type Sub-Total Account Page 29PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 104 For the Month Ending January 31, 2025Managed Account Security Transactions & Interest CITY OF RANCHO CUCAMONGA, FIRE PROT DIS - Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method SELL 01/07/25 US TREASURY N/B DTD 11/30/2020 0.375% 11/30/2025 91282CAZ4 333,410.16 135.06 333,545.22 16,306.64 (4,440.82)FIFO 345,000.00 01/02/25 01/07/25 US TREASURY N/B DTD 11/30/2023 4.875% 11/30/2025 91282CJL6 351,982.42 1,781.25 353,763.67 (574.22)(42.06)FIFO 350,000.00 01/02/25 01/17/25 US TREASURY N/B DTD 11/30/2020 0.375% 11/30/2025 91282CAZ4 386,703.13 197.80 386,900.93 19,046.88 (5,261.63)FIFO 400,000.00 01/14/25 01/16/25 US TREASURY N/B DTD 11/30/2020 0.375% 11/30/2025 91282CAZ4 217,599.61 108.95 217,708.56 10,792.97 (2,866.31)FIFO 225,000.00 01/15/25 01/17/25 US TREASURY N/B DTD 03/31/2021 1.250% 03/31/2028 91282CBS9 181,875.00 748.63 182,623.63 7,406.25 (862.98)FIFO 200,000.00 01/16/25 01/31/25 BANK OF NY MELLON CORP (CALLABLE) DTD 07/27/2021 1.050% 10/15/2026 06406RAV9 188,752.00 618.33 189,370.33 (6,576.00)(9,610.67)FIFO 200,000.00 01/30/25 01/31/25 BANK OF NY MELLON CORP (CALLABLE) DTD 11/18/2013 3.950% 11/18/2025 06406HCQ0 248,885.00 2,002.43 250,887.43 7,327.50 1,975.56 FIFO 250,000.00 01/30/25 5,592.45 (21,108.91) 53,730.02 1,914,799.77 1,909,207.32 1,970,000.00 Transaction Type Sub-Total (174,007.87) 149,356.20 (24,651.67) 53,739.41 (21,102.63)Managed Account Sub-Total Total Security Transactions $53,739.41 ($24,651.67)$149,356.20 ($174,007.87)($21,102.63) Account Page 30PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. Page 105 DATE:March 5, 2025 TO:Mayor and Members of the City Council President and Members of the Boards of Directors FROM:John R. Gillison, City Manager INITIATED BY:Mike McCliman, Fire Chief Daniel J. Navarrette, Interim Emergency Manager SUBJECT:Consideration to Accept Grant Revenue in the Amount of $25,434 Awarded by the Department of Homeland Security for the Fiscal Year 2023 Homeland Security Grant Program. (CITY/FIRE) RECOMMENDATION: Staff recommends the City Council / Fire Board accept grant revenue in the amount of $25,434 awarded by the Department of Homeland Security and administered by the San Bernardino County Office of Emergency Services, under the Fiscal Year 2023 Homeland Security Grant Program. BACKGROUND: The objective of the Homeland Security Grant Program (HSGP) is to provide funds to eligible entities to support state, local, tribal, and territorial efforts to prevent terrorism and other catastrophic events and to prepare the Nation for the threats and hazards that pose the greatest risk to the security of the United States. The grant program contains noncompetitive funding allocated for each Fire Department and Fire District in the San Bernardino County Operational Area, based on per capita. Funds must be used for activities that align with HSGP objectives and support securing and protecting the Homeland. ANALYSIS: Staff reviewed the activities allowed by the grant and identified the following equipment needs that are eligible for reimbursement: •Trauma Kits: This project will provide the ability for (5) Fire District emergency responders to carry trauma kits in their work issued vehicles. These individuals often respond to incidents throughout the city and region and have the proper training to administer treatment, if needed, for any sort of medical trauma including a terrorism event. In addition, some of the kits will be included in AED cabinets throughout the city in public facilities. •Automated External Defibrillators (AED): This project will also be used to replace (8) AED units within Fire District vehicles and public facilities. •AED Pads: This project will be used to replace expired AED pads in the 100 AED units within City facilities and vehicles. This will ensure our AED units are current with both adult Page 106 Page 2 2 7 4 1 and child electrode pads. Each identified project serves to enhance medical and public health preparedness in alignment with HSGP objectives. Training will be provided annually by Fire District EMS personnel. The training provides hands on training to City employees and the public on how to properly use an AED and the items inside a trauma kit. These trainings focus on increasing individual preparedness and response to terrorism events. FISCAL IMPACT: Grant revenue will be received into account number F380 CC501 RC51024501 (Grant Income). The Fire District will be reimbursed from grant income when invoices and proof of the purchase are submitted to the grant administrator. COUNCIL MISSION / VISION / GOAL(S) ADDRESSED: This item brings together portions of the Council’s vision and core values by providing a sustainable City and promoting a safe and healthy community for all. This is accomplished by ensuring Fire District staff have the resources and equipment needed to respond during emergency incidents. ATTACHMENTS: None. Page 107 DATE:March 5, 2025 TO:Mayor and Members of the City Council FROM:John R. Gillison, City Manager INITIATED BY:Michael J. Smith, Chief of Police Jeffrey Allison, Administrative Lieutenant Cinthia Barboza, Sheriff's Service Specialist SUBJECT:Consideration of an Appropriation in the Amount of $250,000 from the Citizens Option for Public Safety (COPS) Fund and Authorization to Purchase 16 Automatic License Plate Readers (ALPR) from Flock Group Incorporated through Single Source Procurement. (CITY) RECOMMENDATION: Staff recommends the City Council approve an appropriation in the amount of $250,000 from the Citizens Option for Public Safety (COPS) Fund and authorize the purchase of 16 automatic license plate readers (ALPR) from Flock Group Incorporated through single source procurement. BACKGROUND: In 2014, the Police Department, with the approval of the City Council, embarked on the initial installation of both mobile and fixed ALPR cameras. ALPR is a technology that uses cameras and software to scan license plates and compare them to law enforcement databases. The system is used to automatically capture and identify vehicle license plates, allowing for real-time tracking of vehicles. The Department has successfully used ALPR technology to locate stolen vehicles, identify vehicles linked to criminal activity and enhance public safety by providing information to quickly respond to evolving situations. ALPR cameras create a highly efficient way to monitor the movement of vehicles without manual intervention. In addition to improving law enforcement efficiency, the ALPR system aids in traffic management, investigative support and Amber Alert responses. ALPR technology is currently available in 30 Rancho Cucamonga intersections. ANALYSIS: For the past 10 years, the city has been using ALPR cameras from Vigilant Solutions. These cameras have been a powerful tool, but they do not have several of the enhanced features offered by Flock cameras. Staff is recommending the procurement of Flock ALPR cameras, to take advantage of their enhanced capabilities and services while complementing and working in conjunction with the existing Vigilant Solutions cameras. Flock cameras offer the benefit of allowing private parties, such as business owners, homeowners, or gated communities, to share data collected by their Flock cameras with law enforcement agencies through a custom opt-in feature, enabling faster access to relevant information about vehicles involved in a crime or under investigation. Flock systems are widely used across the nation and they have built a large network of interconnected cameras across different communities. Flock also provides advanced searching capabilities allowing the user to search by specific identifiers such as color, bumper stickers, roof racks and more. Additionally, the cameras are motion sensor activated and take several pictures Page 108 Page 2 2 7 3 4 of whatever is in the frame, not just the rear of a vehicle and its license plate. These additional features of the Flock ALPR system are currently not available from any other ALPR camera vendor. Through this proposed expansion to the ALPR network, the following intersections will be equipped with Flock ALPR cameras: Haven Avenue/Foothill Boulevard, Baseline Road/Milliken Avenue, northbound Milliken Avenue/Vintage Drive, Church Street/Day Creek Boulevard, and the Etiwanda Preserve. Installation will begin in Fiscal Year 2024/25 and conclude in Fiscal Year 2025/26. FISCAL IMPACT: The total cost of the project is $250,000 and includes the custom installation of equipment as well as an extended service warranty and Camera License Key expenses for three (3) years. F354 CC701 SC1201 O &M/Capital Supplies $250,000 COUNCIL MISSION / VISION / VALUE(S) ADDRESSED: This project supports the following City Council core values: promoting and enhancing a safe and healthy community for all; intentionally embracing and anticipating our future; and the relentless pursuit of improvement. ATTACHMENTS: Attachment 1 - Contract Flock Group Inc. Attachment 2 - Sole Source for Flock Group Inc. Attachment 3 - Quote For Flock Group Inc. Page 109 Master Services Agreement This Master Services Agreement (this “Agreement”) is entered into by and between Flock Group, Inc. with a place of business at 1170 Howell Mill Road NW Suite 210, Atlanta, GA 30318 (“Flock”) and the entity identified in the signature block (“Customer”) (each a “Party,” and together, the “Parties”). This Agreement is effective on the date of mutual execution, March 5,2025 (“Effective Date”). Parties will sign an Order Form (“Order Form”) which will describe the Flock Services to be performed and the period for performance, attached hereto as Exhibit A. RECITALS WHEREAS, Flock offers a software and hardware situational awareness solution through Flock’s technology platform that upon detection is capable of capturing audio, video, image, and recording data and provide notifications to Customer (“Notifications”); WHEREAS, Customer desires access to the Flock Services (defined below) on existing devices, provided by Customer, or Flock provided Flock Hardware (as defined below) in order to create, view, search and archive Footage and receive Notifications, via the Flock Services; WHEREAS, Customer shall have access to the Footage in Flock Services. Pursuant to Flock’s standard Retention Period (defined below) Flock deletes all Footage on a rolling thirty (30) day basis, except as otherwise stated on the Order Form. Customer shall be responsible for extracting, downloading and archiving Footage from the Flock Services on its own storage devices; and WHEREAS, Flock desires to provide Customer the Flock Services and any access thereto, subject to the terms and conditions of this Agreement, solely for the awareness, prevention, and prosecution of crime, bona fide investigations and evidence gathering for law enforcement purposes, (“Permitted Purpose”). City of Rancho Cucamonga CONTRACT NUMBER 2025-016 Attachment 1 Page 110 1.DEFINITIONS Certain capitalized terms, not otherwise defined herein, have the meanings set forth or cross- referenced in this Section 1. 1.1 “Agreement” means the order form (to be provided as Exhibit A, “Order Form”), these terms and conditions, and any document therein incorporated by reference in section 11.4. 1.2 “Anonymized Data” means Customer Data permanently stripped of identifying details and any potential personally identifiable information, by commercially available standards which irreversibly alters data in such a way that a data subject (i.e., individual person or entity) can no longer be identified directly or indirectly and is thereby rendered" anonymized data" as defined in ISO 25237: 2017, Sections 3.2 and 3.3. 1.3 “Authorized End User(s)” means any individual employees, agents, or contractors of Customer and/or SBSO accessing or using the Services, under the rights granted to Customer pursuant to this Agreement. 1.4 “Customer Data” means the data, media, and content provided or made accessible to Flock by Customer through the Services. For the avoidance of doubt, the Customer Data will include the Footage. 1.5. “Customer Hardware” means the third-party camera owned or provided by Customer and any other physical elements that interact with the Embedded Software and the Web Interface to provide the Services. 1.6 “Effective Date” means the date this Agreement is mutually executed (valid and enforceable) by both Parties. 1.7 “Embedded Software” means the Flock proprietary software and/or firmware integrated with or installed on the Flock Hardware or Customer Hardware. 1.8 “Flock Hardware” means the Flock device(s), which may include the pole, clamps, solar panel, cameras, installation components, and any other Flock owned physical elements that interact with the Embedded Software and the Web Interface, to provide the Flock Services as specifically set forth in the applicable Order Form. 1.9 “Flock IP” means the Services, the Embedded Software, and any intellectual property or proprietary information therein or otherwise provided to Customer and/or its Authorized End Users. Flock IP does not include Footage (as defined below). Page 111 1.10 “Flock Services” or “Services” means the provision of Flock’s software and hardware situational awareness solution, via the Web Interface, for automatic license plate detection, alerts, audio detection, searching image records, video and sharing Footage. 1.11 “Footage” means still images, video, audio, and other data captured by the Flock Hardware or Customer Hardware in the course of and provided via the Flock Services. 1.12 “Installation Services” means the services provided by Flock for installation of Flock Services. 1.13 “Permitted Purpose” means for legitimate public safety and/or business purpose, including but not limited to the awareness, prevention, and prosecution of crime; investigations; and prevention of commercial harm, to the extent permitted by law. 1.14 “Retention Period” means the time period that the Customer Data is stored within the cloud storage, as specified in the applicable Order Form. Flock deletes all Footage on a rolling thirty (30) day basis, except as otherwise stated on the Order Form or as required by law. Customer shall be responsible for extracting, downloading and archiving Footage from the Flock Services on its own storage devices. 1.15 “SBSO” means the San Bernardino County Sheriffs Department. 1.16 “Term” means the term of this Agreement. 1.17 “Web Interface” means the website(s) or application(s) through which Customer and its Authorized End Users can access the Services. 1.18 “Applicable Laws” means Title 1. 81 of Part 4 of Division 3 of the California Civil Code, including Section 1798. 90. 5, et seq., and the California Consumer Privacy Act, Section 1798. 100, et seq., Government Code Section 7284, et seq., and any and all other applicable local, State and federal laws and regulations. Page 112 2.SERVICES AND SUPPORT 2.1 Provision of Access. Flock hereby grants to Customer a non-exclusive, non-transferable right to access the features and functions of the Flock Services via the Web Interface during the Term, solely for the Authorized End Users. The Footage will be available for Authorized End Users to access and download via the Web Interface for the longer of: the Retention Period; period of retention required by Customer’s records retention requirements; or State law including Government Code Section 34090, et seq., or any period set forth in a notice of litigation hold as provided herein to the extent agreed upon by the Parties hereto and referenced in the Order Form. Authorized End Users will be required to sign up for an account and select a password and username (“User ID”). Customer may require that access by any Authorized End User of the Flock Services requires 2- step verification. Customer shall be responsible for all acts and omissions of Authorized End Users. Customer shall undertake reasonable efforts to make all Authorized End Users aware of all applicable provisions of this Agreement and shall cause Authorized End Users to comply with such provisions. Flock may use the services of one or more third parties to deliver any part of the Flock Services, (such as using a third party to host the Web Interface for cloud storage or a cell phone provider for wireless cellular coverage), provided any such third parties with access to Customer Data, are required to maintain confidentiality of Customer Data . 2.2 Embedded Software License. Flock grants Customer a limited, non-exclusive, non- transferable, non-sublicensable (except to the Authorized End Users), revocable right to use the Embedded Software as it pertains to Flock Services, solely as necessary for Customer to use the Flock Services. 2.3 Support Services. Flock shall monitor the Flock Services, and any applicable device health, in order to improve performance and functionality. Flock will use commercially reasonable efforts to respond to requests for support within seventy-two (72) hours. Flock will provide Customer with reasonable technical and on-site support and maintenance services in-person, via phone or by email at support@flocksafety.com (such services collectively referred to as “Support Services”). 2.4 Updates to Platform. Flock may make any updates to system or platform that it deems necessary or useful to (i) maintain or enhance the quality or delivery of Flock’s products or Page 113 services to its agencies, the competitive strength of, or market for, Flock’s products or services, such platform or system’s cost efficiency or performance, or (ii) to comply with applicable law. Parties understand that such updates are necessary from time to time and will not diminish the quality of the services or materially change any terms or conditions within this Agreement. 2.5 Service Interruption. Services may be interrupted in the event that: (a) Flock’s provision of the Services to Customer or any Authorized End User is prohibited by applicable law; (b) any third-party services required for Services are interrupted; (c) if Services are being used for malicious, unlawful, or otherwise unauthorized use; (d) there is a threat or attack on any of the Flock IP by a third party; or (e) scheduled or emergency maintenance (“Service Interruption”). Flock will make commercially reasonable efforts to provide written notice of any Service Interruption to Customer, to provide updates, and to resume providing access to Flock Services as soon as reasonably possible after the event giving rise to the Service Interruption is cured. Flock will have no liability for any damage, liabilities, losses (including any loss of data or profits), or any other consequences that Customer or any Authorized End User may incur as a result of a Service Interruption. To the extent that the Service Interruption is not caused by Customer’s direct actions or by the actions of parties associated with the Customer, the time will be tolled by the duration of the Service Interruption (for any continuous suspension lasting at least one full day). For example, in the event of a Service Interruption lasting five (5) continuous days, Customer will receive a credit for five (5) free days at the end of the Term. 2.6 Service Suspension. Flock may temporarily suspend Customer’s and any Authorized End User’s access to any portion or all of the Flock IP or Flock Service if (a) there is a threat or attack on any of the Flock IP by Customer; (b) Customer’s or any Authorized End User’s use of the Flock IP disrupts or poses a security risk to the Flock IP or any other customer or vendor of Flock; (c) Customer or any Authorized End User is/are using the Flock IP for fraudulent or illegal activities; (d) Customer has violated any term of this provision, including, but not limited to, utilizing Flock Services for anything other than the Permitted Purpose; or (e) any unauthorized access to Flock Services through Customer’s account (“Service Suspension”). Customer shall not be entitled to any remedy for the Service Suspension period, including any reimbursement, tolling, or credit. If the Service Suspension was not caused by Customer, the Term will be tolled by the duration of the Service Suspension. Page 114 2.7 Hazardous Conditions. Flock Services do not contemplate hazardous materials, or other hazardous conditions, including, without limit, asbestos, lead, or toxic or flammable substances. In the event any such hazardous materials are discovered in the designated locations in which Flock is to perform services under this Agreement, Flock shall have the right to cease work immediately. 3.CUSTOMER OBLIGATIONS 3.1 Customer Obligations. Flock will assist Customer Authorized End Users in the creation of a User ID. Authorized End Users agree to provide Flock with accurate, complete, and updated registration information. Authorized End Users may not select as their User ID, a name that they do not have the right to use, or any other name with the intent of impersonation. Customer and Authorized End Users may not transfer their account to anyone else without prior written permission of Flock. Authorized End Users shall not share their account username or password information and must protect the security of the username and password. Unless otherwise stated and defined in this Agreement, Customer shall not designate Authorized End Users for persons who are not officers, employees, or agents of Customer or SBSO. Authorized End Users shall only use Customer or SBSO-issued email addresses for the creation of their User ID. Customer is responsible for any Authorized End User activity associated with its account. Customer shall ensure that Customer provides Flock with up-to-date contact information at all times during the Term of this agreement. Customer shall be responsible for obtaining and maintaining, and/or requiring SBSO to obtain and maintain, any equipment and ancillary services needed to connect to, access or otherwise use the Flock Services (e.g., laptops, internet connection, mobile devices, etc.). Customer shall (at its own expense) provide Flock with reasonable access and use of Customer facilities, and shall require SBSO to provide reasonable access to SBSO facilities, and to Customer and SBSO personnel in order to enable Flock to perform Services (such obligations of Customer are collectively defined as “Customer Obligations”). 3.2 Customer Representations and Warranties. Customer represents, covenants, and warrants that Customer and/or SBSO shall use Flock Services only in compliance with this Agreement and all applicable laws and regulations, including but not limited to any laws relating to the recording or sharing of data, video, photo, or audio content. Page 115 3.3 NOTWITHSTANDING ANY OTHER PROVISION HEREIN, THE PARTIES ACKNOWLEDGE AND AGREE THAT: ( A) SBSO WILL BE AN" AUTHORIZED END USER" AND OPERATOR OF THE FLOCK ALPR SYSTEM, INCLUDING ALL HARDWARE, FLOCK IP, AND THE SERVICES; B) SBSO IS THE LAW ENFORCEMENT AGENCY PROVIDING LAW ENFORCEMENT SERVICES FOR THE CUSTOMER AND THAT IT IS SBSO, BY AUTHORIZATION FROM THE CUSTOMER, THAT WILL BE ACCESSING AND USING THE ALPR DATA COLLECTED BY THE FLOCK HARDWARE, SOFTWARE AND SYSTEM; ( C) FLOCK SHALL EXTEND TO SBSO THE SAME RIGHTS AND BENEFITS OF THIS AGREEMENT AS ARE PROVIDED TO THE CUSTOMER, INCLUDING, WITHOUT LIMITATION, THE RIGHTS AND BENEFITS OF THIS SECTION 3. 3, SECTION 5, SECTION 8, AND SECTION 9; AND( D) CUSTOMER SHALL REMAIN RESPONSIBLE FOR COMPLIANCE WITH THESE SECTIONS. 4. DATA USE AND LICENSING 4.1 Customer Data. As between Flock and Customer, all right, title and interest in the Customer Data, belong to and are retained solely by Customer. For the term of this Agreement, Customer grants to Flock a limited, non-exclusive, royalty-free, irrevocable, worldwide license to use the Customer Data and perform all acts as may be necessary for Flock to provide the Flock Services to Customer. Flock does not own and shall not share, disseminate or sell Customer Data. Notwithstanding any other provision herein, Flock shall: ( a) keep and maintain Customer Data and Customer Generated Data (collectively," Data" sometimes in this Section 4) in strict confidence, using such degree of care as is appropriate and consistent with its obligations as further described in this Agreement and applicable law to avoid unauthorized access, use, disclosure, or loss;( b) use and disclose the Data solely and exclusively for the purpose of providing the Services, such use and disclosure being in accordance with this Agreement, and Applicable Laws;( c) allow access to the Data only to Customer, Authorized End Users, and those employees or agents of Flock who are directly involved with and responsible for providing the Services, and/ or third parties bound in writing to maintain confidentiality of the Data; and, (d) not use, sell, rent, transfer, distribute, or otherwise disclose or make available any of the Data for Flock' s own purposes or for the benefit of anyone other than Customer without Customer' s prior written consent, or as otherwise provided herein. 4.2 Customer Generated Data. Flock may provide Customer with the opportunity to post, upload, display, publish, distribute, transmit, broadcast, or otherwise make available, messages, Page 116 text, illustrations, files, images, graphics, photos, comments, sounds, music, videos, information, content, ratings, reviews, data, questions, suggestions, or other information or materials produced by Customer (“Customer Generated Data”). Customer shall retain whatever legally cognizable right, title, and interest in Customer Generated Data. Customer understands and acknowledges that Flock has no obligation to monitor or enforce Customer’s intellectual property rights of Customer Generated Data. For the term of this Agreement, Customer grants Flock a non- exclusive, irrevocable, worldwide, royalty-free, license to use the Customer Generated Data for the purpose of providing Flock Services. Flock does not own and shall not share, disseminate or sell Customer Generated Data, except as expressly authorized herein. 4.3 Anonymized Data. Flock shall have the right to collect, analyze, and anonymize Customer Data and Customer Generated Data to the extent such anonymization renders the data non- identifiable to create Anonymized Data to use and perform the Services and related systems and technologies, including the training of machine learning algorithms. Customer hereby grants Flock a non-exclusive, worldwide, perpetual, royalty-free right to use and distribute such Anonymized Data to improve and enhance the Services and for other development, diagnostic and corrective purposes, and other Flock offerings. Parties understand that the aforementioned license is required for continuity of Services. Flock does not own and shall not sell Anonymized Data. 4.4 Security of Customer Data. In storing, handling, transmitting, and/ or accessing Customer Data, Flock shall incorporate a comprehensive set of data security protocols comprising a data privacy and information security program, including physical, technical, administrative, and organizational safeguards, that comply with Applicable Laws, to protect Customer Data at rest, Customer Data in use, and Customer Data in transit, and that, at minimum: (i) control access to Data; (ii) include regular audits, including threat assessments, to evaluate susceptibility to unauthorized access; (iii) provide regular maintenance and updating to ensure current cyber threats are identified and proactive defensive measures are undertaken; (iv) meet all current rules, regulations, policies, and standards of the Criminal Justice Information Services, Division of the Federal Bureau of Investigation ( CJIS), including ensuring that persons having access to Customer Data are free of criminal history or any other security threat that would otherwise disqualify any such person from accessing confidential criminal justice information Page 117 under current rules, regulations, policies, and standards of the CJIS; and (v) provide for the physical and environmental protection of all Customer Data. In the event of any act, error or omission, negligence, misconduct, or breach that permits any unauthorized access to, or that compromises or is suspected to compromise the security, confidentiality, or integrity of Customer Data, or the physical, technical, administrative, or organizational safeguards put in place by Flock that relate to the protection of the security, confidentiality, or integrity of that Customer Data, Flock shall, as applicable: ( a) notify Customer and SBSO as soon as practicable or as required by Applicable Laws, but no later than forty- eight( 48) hours of becoming aware of such occurrence; (b) cooperate with Customer and SBSO in investigating the occurrence, including making available all relevant records, logs, files, data reporting, and other materials required to comply with Applicable Laws; (c) in the case of personally identifiable information, provide all notifications to individuals required by Applicable Laws; (d) perform or take any other actions required to comply with Applicable Law as a result of the occurrence; and (e) provide to Customer a detailed plan within ten 10) calendar days of the occurrence describing the measures Flock will undertake to prevent a future occurrence. To the maximum extent permitted by law, Flock shall indemnify, defend and pay reasonable attorneys' fees and costs, and hold Customer and the County of San Bernardino, and Customer' s and County' s elected officials, officers, employees, and agents free and harmless, with respect to any and all claims and liabilities to the extent arising out of, related to, or incurred in connection with any unauthorized access to or theft of Customer Data, including any and all related bank charges in the case of identity theft; provided, however, that Flock' s liability for "cyber theft" shall not exceed the limits of Flock' s cyber liability policy required herein. All cloud based storage shall comply with ISO/ IEC 27001 - 27018, as applicable, or successor standards thereto, and shall be provided solely within the continental United States and on computing and data storage devices residing therein, and all such locations shall be disclosed to Customer promptly upon request. Cloud based storage using Amazon Web Services( AWS) or Microsoft Azure, shall be deemed to satisfy the foregoing requirements. Page 118 Customer and SBSO shall have full and complete access to, and ability to download, any Customer Data 24 hours per day, 7 days per week, except during authorized periods of maintenance by Flock or during a Service Suspension not due to the fault of Customer. Customer or SBSO may at any time, provide Flock with a written "litigation hold" notice, therein requiring Flock to isolate and maintain any Customer Data that Flock has access to and that becomes relevant to any criminal or civil action or discovery process involving Customer or SBSO. 5. CONFIDENTIALITY; DISCLOSURES 5.1 Confidentiality. To the extent required by any applicable public records requests, each Party (the “Receiving Party”) understands that the other Party (the “Disclosing Party”) has disclosed or may disclose business, technical or financial information relating to the Disclosing Party’s business (hereinafter referred to as “Proprietary Information” of the Disclosing Party). Proprietary Information of Flock includes non-public information regarding features, functionality and performance of the Services. Proprietary Information of Customer includes non-public data provided by Customer or any Authorized End User to Flock or collected by Flock via Flock Services, which includes but is not limited to geolocation information and environmental data collected by sensors. For avoidance of doubt, all Customer Data and Customer Generated Data is Proprietary Information. The Receiving Party agrees: (i) to take the same security precautions to protect against disclosure or unauthorized use of such Proprietary Information that the Party takes with its own proprietary information, but in no event less than commercially reasonable precautions, and (ii) not to use (except in performance of the Services or as otherwise permitted herein) or divulge to any third person any such Proprietary Information. The Disclosing Party agrees that the foregoing shall not apply with respect to any information that the Receiving Party can document (a) is or becomes generally available to the public; or (b) was in its possession or known by it prior to receipt from the Disclosing Party; or (c) was rightfully disclosed to it without restriction by a third party; or (d) was independently developed without use of any Proprietary Information of the Disclosing Party. Nothing in this Agreement will prevent the Receiving Party from disclosing the Proprietary Information pursuant to any judicial or governmental order, subpoena, or the California Public Records Act Page 119 provided that the Receiving Party gives the Disclosing Party reasonable prior notice of such disclosure to contest such order. At the termination of this Agreement, all Proprietary Information will be returned to the Disclosing Party, destroyed or erased (if recorded on an erasable storage medium), together with any copies thereof, when no longer needed for the purposes above, or upon request from the Disclosing Party, and in any case upon termination of the Agreement. Notwithstanding any termination, all confidentiality obligations of Proprietary Information that is trade secret shall continue in perpetuity or until such information is no longer trade secret. 5.2 Usage Restrictions on Flock IP. Flock and its licensors retain all right, title and interest in and to the Flock IP and its components, and Customer acknowledges that it neither owns nor acquires any additional rights in and to the foregoing not expressly granted by this Agreement. Customer further acknowledges that Flock retains the right to use the foregoing for any purpose in Flock’s sole discretion. Customer and Authorized End Users shall not: (i) copy or duplicate any of the Flock IP; (ii) decompile, disassemble, reverse engineer, or otherwise attempt to obtain or perceive the source code from which any software component of any of the Flock IP is compiled or interpreted, or apply any other process or procedure to derive the source code of any software included in the Flock IP; (iii) attempt to modify, alter, tamper with or repair any of the Flock IP, or attempt to create any derivative product from any of the foregoing; (iv) interfere or attempt to interfere in any manner with the functionality or proper working of any of the Flock IP; (v) remove, obscure, or alter any notice of any intellectual property or proprietary right appearing on or contained within the Flock Services or Flock IP; (vi) use the Flock Services for anything other than the Permitted Purpose; or (vii) assign, sublicense, sell, resell, lease, rent, or otherwise transfer, convey, pledge as security, or otherwise encumber, Customer’s rights. There are no implied rights. 5.3 Disclosure of Footage. Subject to and during the Retention Period, Flock may access, use, preserve and/or disclose the Footage to law enforcement authorities, government officials, and/or third parties, if legally required to do so or if Flock has a good faith belief that such access, use, preservation or disclosure is reasonably necessary to comply with a court order, subpoena, or Applicable Laws, legal process, to enforce this Agreement, or to detect, prevent or otherwise address an actual security breach, crime of fraud, or emergency situations where there is an actual threat to public health or safety.. Page 120 6. PAYMENT OF FEES 6.1 Billing and Payment of Fees. Customer shall pay the fees set forth in the applicable Order Form based on the billing structure and payment terms as indicated in the Order Form. To the extent the Order Form is silent, Customer shall pay all invoices net thirty (30) days from the date of receipt. If Customer believes that Flock has billed Customer incorrectly, Customer must contact Flock no later than thirty (30) days after the closing date on the first invoice in which the error or problem appeared to receive an adjustment or credit. Customer acknowledges and agrees that a failure to contact Flock within this period will serve as a waiver of any claim except a claim that any Flock Hardware installed by Flock is not properly functioning. If any undisputed fee is more than thirty (30) days overdue, Flock may, without limiting its other rights and remedies, suspend delivery of its service until such undisputed invoice is paid in full. Flock shall provide at least thirty (30) days’ prior written notice to Customer of the payment delinquency before exercising any suspension right. 6.2 Notice of Changes to Fees. In the event of any changes to fees, Flock shall provide Customer with sixty (60) days’ notice (email sufficient) prior to the end of the Initial Term or Renewal Term (as applicable). Any such changes to fees shall only impact subsequent Renewal Terms. 6.3 Taxes. To the extent Customer is not a tax exempt entity, Customer is responsible for all taxes, levies, or duties, excluding only taxes based on Flock’s net income, imposed by taxing authorities associated with the order. If Flock has the legal obligation to pay or collect taxes, including amount subsequently assessed by a taxing authority, for which Customer is responsible, the appropriate amount shall be invoice to and paid by Customer unless Customer provides Flock a legally sufficient tax exemption certificate and Flock shall not charge Customer any taxes from which it is exempt. If any deduction or withholding is required by law, Customer shall notify Flock and shall pay Flock any additional amounts necessary to ensure that the net amount that Flock receives, after any deduction and withholding, equals the amount Flock would have received if no deduction or withholding had been required. Page 121 7. TERM AND TERMINATION 7.1 Term. Unless sooner terminated as provided herein, the initial term of this Agreement shall be for five (5) years, unless a shorter term is specified on the Order Form (the “Term”). Unless otherwise indicated on the Order Form, the Term shall commence upon first installation of Flock Hardware, as applicable. Following the Term, unless otherwise indicated on the Order Form, this Agreement will automatically renew for up to two (2) additional, one (1) year terms (each, a “Renewal Term”) unless either Party gives the other Party notice of non-renewal at least thirty (30) days prior to the end of the then-current term. 7.2 Termination. Upon termination or expiration of this Agreement, Flock will remove any applicable Flock Hardware at a commercially reasonable time period. In the event of any material breach of this Agreement, the non-breaching Party may terminate this Agreement prior to the end of the Term by giving thirty (30) days prior written notice to the breaching Party; provided, however, that this Agreement will not terminate if the breaching Party has cured the breach prior to the expiration of such thirty (30) day period (“Cure Period”). Either Party may terminate this Agreement (i) upon the institution by or against the other Party of insolvency, receivership or bankruptcy proceedings, (ii) upon the other Party's making an assignment for the benefit of creditors, or (iii) upon the other Party's dissolution or ceasing to do business. In the event of a material breach by Flock, and Flock is unable to cure within the Cure Period, Flock will refund Customer a pro-rata portion of the pre-paid fees for Services not received due to such termination. 7.3 Survival. The following Sections will survive termination: 1, 3, 5, 6, 7, 8.3, 8.4, 9, 11.1 and 11.6. Page 122 8.REMEDY FOR DEFECT; WARRANTY AND DISCLAIMER 8.1 Manufacturer Defect. Upon a malfunction or failure of Flock Hardware or Embedded Software to perform as represented by Flock or as described in any applicable documentation (a “Defect”), Customer shall utilize reasonable efforts to notify Flock’s technical support team. In the event of a Defect, Flock shall make a commercially reasonable attempt to repair or replace the defective Flock Hardware at no additional cost to the Customer. Flock reserves the right, in its sole discretion, to repair or replace such Defect, provided that Flock shall conduct inspection or testing within a commercially reasonable time, but no longer than seven (7) business days after Customer gives notice to Flock. 8.2 Replacements. In the event that Flock Hardware is lost, stolen, or damaged, Customer may request a replacement of Flock Hardware at a fee according to the reinstall fee schedule (https://www.flocksafety.com/reinstall-fee-schedule). In the event that Customer chooses not to replace lost, damaged, or stolen Flock Hardware, Customer understands and agrees that Flock is not liable for any resulting impact to Flock service, nor shall Customer receive a refund for the lost, damaged, or stolen Flock Hardware. 8.3 Warranty. Flock shall use reasonable efforts consistent with prevailing industry standards to maintain the Services in a manner which minimizes errors and interruptions in the Services and shall perform the Installation Services in a professional and workmanlike manner. Services may be temporarily unavailable for scheduled maintenance or for unscheduled emergency maintenance, either by Flock or by third-party providers, or because of other causes beyond Flock’s reasonable control, but Flock shall use reasonable efforts to provide advance notice in writing or by e-mail of any scheduled service disruption. Service Level Guarantee. Flock understands and agrees that Customer is a public entity and that the Services are paid for with public funds. Therefore, in order to ensure accountability to the public and that the public is receiving the level of performance of online services for which public funds are being paid ("Guaranteed Service Levels"), Flock agrees that, unless otherwise agreed upon in writing, " Uptime Availability" of the software shall be not less than 99% over any calendar month period based on the following formula: " Scheduled Uptime" = the total minutes in the reporting month, minus the total minutes consumed by scheduled downtime for Page 123 maintenance or documented force majeure events. Actual Uptime" means the total minutes in the reporting month that the Services were actually available to Customer and Authorized End Users for normal use. " Uptime Availability" = ( Actual Uptime/ Scheduled Uptime) x 100. Failure to maintain the Guaranteed Service Levels for any two consecutive month period shall constitute a material breach of this Agreement and shall entitle the Customer]to receive a prorated tolling of the Term for any down-time. The Uptime guarantee does not apply to scheduled maintenance, gross negligence, actions or omissions of Customer, or force majeure events. 8.4 Disclaimer. THE REMEDY DESCRIBED IN SECTION 8.1 ABOVE IS CUSTOMER’S SOLE REMEDY, AND FLOCK’S SOLE LIABILITY, WITH RESPECT TO DEFECTS. FLOCK DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED OR ERROR FREE; NOR DOES IT MAKE ANY WARRANTY AS TO THE RESULTS THAT MAY BE OBTAINED FROM USE OF THE SERVICES. EXCEPT AS EXPRESSLY SET FORTH IN THIS SECTION, THE SERVICES ARE PROVIDED “AS IS” AND FLOCK DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. THIS DISCLAIMER ONLY APPLIES TO THE EXTENT ALLOWED BY THE LAW OF THE STATE OF CALIFORNIA. 8.5 Insurance. Flock will maintain commercial general, auto, and cyber liability policies, and workers compensation, in such form and with such limits as stated in Exhibit B. 8.6 Force Majeure. Parties are not responsible or liable for any delays or failures in performance from any cause beyond their control, including, but not limited to acts of God, changes to law or regulations, embargoes, war, terrorist acts, pandemics (including the spread of variants), issues of national security, acts or omissions of third-party technology providers, riots, fires, earthquakes, floods, power blackouts, strikes, supply chain shortages of equipment or supplies, financial institution crisis, weather conditions or acts of hackers, internet service providers or any other third party acts or omissions. Notwithstanding the foregoing, nothing herein shall require Customer to pay for Services made unavailable by any force majeure event. Page 124 9. LIMITATION OF LIABILITY; INDEMNITY 9.1 Limitation of Liability. NOTWITHSTANDING ANYTHING TO THE CONTRARY, FLOCK, ITS OFFICERS, AFFILIATES, REPRESENTATIVES, CONTRACTORS AND EMPLOYEES SHALL NOT BE RESPONSIBLE OR LIABLE WITH RESPECT TO ANY SUBJECT MATTER OF THIS AGREEMENT OR TERMS AND CONDITIONS RELATED THERETO UNDER ANY CONTRACT, NEGLIGENCE, STRICT LIABILITY, PRODUCT LIABILITY, OR OTHER THEORY: (A) FOR LOSS OF REVENUE, BUSINESS OR BUSINESS INTERRUPTION; (B) INCOMPLETE, CORRUPT, OR INACCURATE DATA; (C) COST OF PROCUREMENT OF SUBSTITUTE GOODS, SERVICES OR TECHNOLOGY; (D) FOR ANY INDIRECT, EXEMPLARY, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES; (E) FOR ANY MATTER BEYOND FLOCK’S ACTUAL KNOWLEDGE OR REASONABLE CONTROL INCLUDING REPEAT CRIMINAL ACTIVITY OR INABILITY TO CAPTURE FOOTAGE; OR (F) FOR ANY AMOUNTS THAT, TOGETHER WITH AMOUNTS ASSOCIATED WITH ALL OTHER CLAIMS, EXCEED THE FEES PAID AND/ OR PAYABLE BY CUSTOMER TO FLOCK FOR THE SERVICES UNDER THIS AGREEMENT IN THE TWELVE (12) MONTHS PRIOR TO THE ACT OR OMISSION THAT GAVE RISE TO THE LIABILITY, IN EACH CASE, WHETHER OR NOT FLOCK HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THIS LIMITATION OF LIABILITY OF SECTION ONLY APPLIES TO THE EXTENT ALLOWED BY THE GOVERNING LAW OF THE STATE REFERENCED IN SECTION 11.6. NOTWITHSTANDING ANYTHING TO THE CONTRARY, THE FOREGOING LIMITATIONS OF LIABILITY SHALL NOT APPLY (I) IN THE EVENT OF GROSS NEGLIGENCE OR WILLFUL MISCONDUCT, OR (II) INDEMNIFICATION OBLIGATIONS. FOR AVOIDANCE OF DOUBT, THIS SECTION 9. 1 SHALL NOT APPLY TO, AND NOTHING IN THIS SECTION 9. 1 SHALL LIMIT, FLOCK' S LIABILITY ARISING OUT OF ANY INDEMNITY OR INSURANCE PROVISION OR OBLIGATION HEREIN. 9.2 Responsibility. Each Party to this Agreement shall assume the responsibility and liability for the acts and omissions of its own employees, officers, or agents, in connection with the performance of their official duties under this Agreement. Each Party to this Agreement shall be liable for the torts of its own officers, agents, or employees. Page 125 9.3 Flock Indemnity. Flock shall indemnify and hold harmless Customer, its agents and employees, from liability of any kind, including claims, stop notices, costs (including defense) and expenses, on account of: (i) any alleged or actual infringement of any intellectual property or proprietary right, any copyrighted material, patented or unpatented invention, articles, device or appliance manufactured or used in the performance of this Agreement or related to the Flock Services; or (ii) any damage, injury to or death of any person, or any property damage to the extent caused by installation of Flock Hardware by Flock or any of Flock’s employees, agents, or contractors,, except for where such damage or injury was caused solely by the negligence of the Customer or its agents, officers or employees. Should Customer or any Authorized End User be prevented from using the Flock Services or any of the Flock Hardware as a result of any such infringement claim or violation, then at Flock' s expense, Flock shall (i) obtain all rights for Customer and Authorized End Users to utilize the Services and/ or Flock Hardware; (ii) provide alternate services or hardware providing substantially the same functionality; or (iii) issue a pro rata refund for all amounts prepaid to Flock, remove all Flock Hardware, and restore each Flock Hardware site to its original condition, reasonable wear and tear excepted. 10.INSTALLATION SERVICES AND OBLIGATIONS 10.1 Ownership of Hardware. Flock Hardware is owned and shall remain the exclusive property of Flock. Title to any Flock Hardware shall not pass to Customer upon execution of this Agreement, except as otherwise specifically set forth in this Agreement. Except as otherwise expressly stated in this Agreement, Customer is not permitted to remove, reposition, re-install, tamper with, alter, adjust or otherwise take possession or control of Flock Hardware. Customer agrees and understands that in the event Customer is found to engage in any of the foregoing restricted actions, all warranties herein shall be null and void, and this Agreement shall be subject to immediate termination for material breach by Customer. Customer shall not perform any acts which would interfere with the retention of title of the Flock Hardware by Flock. Should Customer default on any payment of the Flock Services for not less than sixty (60) days after receipt of a written demand by Flock, Flock may remove Flock Hardware at Flock’s discretion and Flock shall restore all Customer property to substantially its original condition, reasonable wear and tear excepted . Such removal, if made by Flock, shall not be deemed a waiver of Page 126 Flock’s rights to any damages Flock may sustain as a result of Customer’s default and Flock shall have the right to enforce any other legal remedy or right. 10.2 Deployment Plan. Flock shall advise Customer on the location and positioning of the Flock Hardware for optimal product functionality, as conditions and locations allow. Flock will collaborate with Customer to design the strategic geographic mapping of the location(s) and implementation of Flock Hardware to create a deployment plan (“Deployment Plan”). In the event that Flock determines that Flock Hardware will not achieve optimal functionality at a designated location, Flock shall have final discretion to veto a specific location, and will provide alternative options to Customer. Customer hereby grants Flock a right of entry in and onto Customer' s property to perform Installation Services. Flock understands and agrees that, since SBSO shall be the operator of the Flock Equipment and shall have exclusive possession and control over the Footage, Customer will assist Flock as reasonably necessary to enable Flock to make any necessary physical, including electronic, connections to SBSO facilities. 10.3 Changes to Deployment Plan. After installation of Flock Hardware, any subsequent requested changes to the Deployment Plan, including, but not limited to, relocating, re- positioning, adjusting of the mounting, removing foliage, replacement, changes to heights of poles will incur a fee according to the reinstall fee schedule located at (https://www.flocksafety.com/reinstall-fee-schedule), unless any such changes are necessary to comply with any law or regulation, or to minimize any risk to the public health or safety, or not due to any acts, omissions or requests of Customer._ Customer will receive prior notice and confirm approval of any such fees, unless such fees are subject to the foregoing exception. 10.4 Customer Installation Obligations. Customer is responsible for any applicable supplementary cost as described in the Customer Implementation Guide, attached hereto as Exhibit C. Customer represents and warrants that it has, or shall lawfully obtain, all necessary right title and authority and hereby authorizes Flock to install the Flock Hardware at the designated locations and to make any necessary inspections or maintenance in connection with such installation. 10.5 Flock’s Obligations. Installation of any Flock Hardware shall be installed in a professional manner within a commercially reasonable time from the Effective Date of this Agreement, and in Page 127 compliance with all Applicable Laws including, but not limited to, the current California Building Code and California Electrical Code. Upon termination or expiration of this Agreement, all Flock Hardware will , Flock shall restore all affected locations to their original condition, ordinary wear and tear excepted. Flock will continue to monitor the performance of Flock Hardware for the length of the Term. Flock may use a subcontractor or third party to perform certain obligations under this Agreement, provided that Flock’s use of such subcontractor or third party shall not release Flock from any duty or liability to fulfill Flock’s obligations under this Agreement. 11.MISCELLANEOUS 11.1 Compliance With Laws. Parties shall comply with all Applicable Laws including all local, state and federal laws, regulations, policies and ordinances and their associated record retention schedules, including responding to any subpoena request(s). California Labor Code Compliance. Pursuant to California Public Contract Code Sec. 22002(c), installation of the Flock Hardware constitutes a “public work” as defined in California Labor Code Sec. 1720. Accordingly, at all times while engaged in Installation Services, Flock and its subcontractors shall comply with the Labor Code requirements set forth in Exhibit “D” hereto. 11.2 Severability. If any provision of this Agreement is found to be unenforceable or invalid, that provision will be limited or eliminated to the minimum extent necessary so that this Agreement will otherwise remain in full force and effect. 11.3 Assignment. This Agreement is not assignable, transferable or sublicensable by either Party, without prior consent. Notwithstanding the foregoing, either Party may assign this Agreement, without the other Party's consent, (i) to any parent, subsidiary, or affiliate entity, or (ii) to any purchaser of all or substantially all of such Party's assets or to any successor by way of merger, consolidation or similar transaction. 11.4 Entire Agreement. This Agreement, together with the Order Form(s), the reinstall fee schedule (https://www.flocksafety.com/reinstall-fee-schedule), and attached as exhibit , each of which is incorporated by reference herein, is the complete and exclusive statement of the mutual understanding of the Parties and supersedes and cancels all previous or contemporaneous negotiations, discussions or agreements, whether written and oral, communications and other Page 128 understandings relating to the subject matter of this Agreement. All waivers and modifications must be in a writing signed by both Parties, except as otherwise provided herein. None of Customer’s purchase orders, authorizations or similar documents will alter the terms of this Agreement, and any such conflicting terms are expressly rejected. Any mutually agreed upon future purchase order is subject to these legal terms and does not alter the rights and obligations under this Agreement, except that future purchase orders may outline additional products, services, quantities and billing terms to be mutually accepted by Parties. In the event of any conflict of terms found in this Agreement or any other terms and conditions, the terms of this Agreement shall prevail. Customer shall not be bound by the terms of any “click-through" end user license or similar online agreement unless provided to and approved in writing in advance by Customer. Customer agrees that Customer’s purchase is neither contingent upon the delivery of any future functionality or features nor dependent upon any oral or written comments made by Flock with respect to future functionality or feature. 11.5 Relationship. No agency, partnership, joint venture, or employment is created as a result of this Agreement and Parties do not have any authority of any kind to bind each other in any respect whatsoever. Flock shall at all times be and act as an independent contractor to Customer. 11.6 Governing Law; Venue. This Agreement shall be governed by the laws of the State of California. The Parties hereto agree that venue shall be the Superior Court for the County of San Bernardino, California. The Parties agree that the United Nations Convention for the International Sale of Goods is excluded in its entirety from this Agreement. 11.7 Special Terms. Flock may offer certain special terms which are indicated in the Order Form and will become part of this Agreement, upon Customer’s prior written consent and the mutual execution by authorized representatives (“Special Terms”). To the extent that any terms of this Agreement are inconsistent or conflict with the Special Terms, the Special Terms shall control. 11.8 Publicity. Upon Customer’s prior written consent, Flock has the right to reference and use Customer’s name and disclose the nature of the Services in business and development and marketing efforts. Nothing contained in this Agreement shall be construed as conferring on any Party, any right to use the other Party’s name as an endorsement of product/service. 11.9 Feedback. If Customer or Authorized End User provides any suggestions, ideas, enhancement requests, feedback, recommendations or other information relating to the subject Page 129 matter hereunder, Agency or Authorized End User hereby assigns to Flock all right, title and interest (including intellectual property rights) with respect to or resulting from any of the foregoing. 11.10 Export. Customer may not remove or export from the United States or allow the export or re-export of the Flock IP or anything related thereto, or any direct product thereof in violation of any restrictions, laws or regulations of the United States Department of Commerce, the United States Department of Treasury Office of Foreign Assets Control, or any other United States or foreign Customer or authority. As defined in Federal Acquisition Regulation (“FAR”), section 2.101, the Services, the Flock Hardware and Documentation are “commercial items” and according to the Department of Defense Federal Acquisition Regulation (“DFAR”) section 252.2277014(a)(1) and are deemed to be “commercial computer software” and “commercial computer software documentation.” Flock is compliant with FAR Section 889 and does not contract or do business with, use any equipment, system, or service that uses the enumerated banned Chinese telecommunication companies, equipment or services as a substantial or essential component of any system, or as critical technology as part of any Flock system. Consistent with DFAR section 227.7202 and FAR section 12.212, any use, modification, reproduction, release, performance, display, or disclosure of such commercial software or commercial software documentation by the U.S. Government will be governed solely by the terms of this Agreement and will be prohibited except to the extent expressly permitted by the terms of this Agreement. 11.11 Headings. The headings are merely for organization and should not be construed as adding meaning to the Agreement or interpreting the associated sections. 11.12 Authority. Each of the below signers of this Agreement represent that they understand this Agreement and have the authority to sign on behalf of and bind the Parties they are representing upon the Effective Date. 11.13 Conflict. In the event there is a conflict between this Agreement and any applicable statement of work, or Customer purchase order, this Agreement controls unless explicitly stated otherwise.b11.14 Notices. All notices under this Agreement will be in writing and will be deemed to have been duly given when received, if personally delivered; when receipt is electronically confirmed, if transmitted by email; the day after it is sent, if sent for next day delivery by recognized overnight delivery service; and upon receipt to the address listed on the Page 130 Order Form (or, if different, below), if sent by certified or registered mail, return receipt requested. FLOCK NOTICES ADDRESS: 1170 HOWELL MILL ROAD, NW SUITE 210 ATLANTA, GA 30318 ATTN: LEGAL DEPARTMENT EMAIL: legal@flocksafety.com Customer NOTICES ADDRESS: _______________________________ _______________________________ _______________________________ _______________________________ 11.15 Non-Appropriation. Notwithstanding any other provision of this Agreement, all obligations of the Customer under this Agreement which require the expenditure of public funds are conditioned on the availability of said funds appropriated for that purpose. To the extent applicable, Customer shall have the right to terminate this Agreement for non appropriation with thirty (30) days written notice without penalty or other cost. Page 131 Flock Safety + CA - City of Rancho Cucamonga ______________ Flock Group Inc. 1170 Howell Mill Rd, Suite 210 Atlanta, GA 30318 ______________ MAIN CONTACT: Mike McManus mike.mcmanus@flocksafety.com 7607049129 EXHIBIT A ORDER FORM Page 132 EXHIBIT A ORDER FORM Customer:CA - City of Rancho Cucamonga Initial Term:36 Months Legal Entity Name:CA - City of Rancho Cucamonga Renewal Term:24 Months Accounts Payable Email:jgillison@ranchocucumonga.gov Payment Terms:Net 30 Billing Frequency:Annual Plan - Invoiced at First Camera Validation. Retention Period:365 Days Address:10500 Civic Center Dr Rancho Cucamonga, California 91730 Hardware and Software Products Annual recurring amounts over subscription term Item Cost Quantity Total Flock Safety Platform $76,800.00 Flock Safety Bundles Flock Safety Solar Multi-Purpose LPR and Video Fixed w/ LTE Service Included 1 Included Flock Safety LPR Products Flock Safety Falcon ®Included 4 Included Solar Falcon ® LR Included 11 Included Flock Safety Platform Add Ons Extended data retention (Up to 1 Year) Included 16 Included Professional Services and One Time Purchases Item Cost Quantity Total One Time Fees Flock Safety Professional Services Professional Services - Existing Infrastructure Implementation Fee $150.00 4 $600.00 Professional Services - Solar Implementation Fee $750.00 11 $8,250.00 Professional Services - Bundle Implementation Fee $900.00 1 $900.00 Subtotal Year 1:$86,550.00 Annual Recurring Subtotal:$76,800.00 Estimated Tax:$0.00 Contract Total:$240,150.00 The Term for Flock Hardware shall commence upon first installation and validation, except that the Term for any Flock Hardware that requires self- installation shall commence upon execution of the Agreement. In the event a Customer purchases more than one type of Flock Hardware, the earliest Term start date shall control. In the event a Customer purchases software only, the Term shall commence upon execution of the Agreement. Taxes shown above are provided as an estimate. Actual taxes are the responsibility of the Customer. This Agreement will automatically renew for successive renewal terms of the greater of one year or the length set forth on the Order Form (each, a “Renewal Term”) unless either Party gives the other Party notice of non-renewal at least thirty (30) days prior to the end of the then-current term. Page 133 5 4 1 5 Billing Schedule Billing Schedule Amount (USD) Year 1 At First Camera Validation $86,550.00 Annual Recurring after Year 1 $76,800.00 Contract Total $240,150.00 *Tax not included Page 134 5 4 1 5 Product and Services Description Flock Safety Platform Items Product Description Flock Safety Falcon ® Law enforcement grade infrastructure-free (solar power + LTE) license plate recognition camera with Vehicle Fingerprint ™ technology (proprietary machine learning software) and real-time alerts for unlimited users. Solar Falcon ® LR Law enforcement grade, long range and high vehicle speed license plate recognition camera with Vehicle Fingerprint ™ technology (proprietary machine learning software) and real-time alerts for unlimited users, with LTE. Solar Power only. AC power is also available if needed. Flock Safety Solar Multi-Purpose LPR and Video Fixed w/ LTE Service Law enforcement grade bundled standard range license plate recognition camera and live streamed solar powerd fixed camera with 30 days of edge storage, with LTE. VMS included and server free. Installed and maintained by Flock Safety, turn key-no additional software or integrations required. with Vehicle Fingerprint ™ technology (proprietary machine learning software) and real-time alerts for unlimited users. AC power is also available if needed. Professional Services - Existing Infrastructure Implementation Fee One-time Professional Services engagement. Includes site and safety assessment of existing vertical infrastructure location, camera setup and testing, and shipping and handling in accordance with the Flock Safety Standard Implementation Service Brief. Extended data retention (Up to 1 Year)Extended data retention for up to 1 year for 1 Law Enforcement grade Falcon camera. Professional Services - Solar Implementation Fee One-time Professional Services engagement. Includes site and safety assessment, camera setup and testing, and shipping and handling in accordance with the Flock Safety Standard Implementation Service Brief. Professional Services - Bundle Implementation Fee One-time Professional Services engagement. Includes site and safety assessment, camera setup and testing, and shipping and handling in accordance with the Flock Safety Standard Implementation Service Brief. Flock Safety Falcon ® Solar Condor ™ Fixed Page 135 5 4 1 5 By executing this Order Form, Customer represents and warrants that it has read and agrees all of the terms and conditions contained in the Terms of Service located at https://www.flocksafety.com/terms-and-conditions The Parties have executed this Agreement as of the dates set forth below. FLOCK GROUP, INC.Customer: CA - City of Rancho Cucamonga By:\FSSignature2\By:\FSSignature1\ Name:\FSFullname2\Name:\FSFullname1\ Title:\FSTitle2\Title:\FSTitle1\ Date:\FSDateSigned2\Date:\FSDateSigned1\ PO Number: Page 136 EXHIBIT B INSURANCE A. Liability Insurance. Flock 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 Flock, and/or its agents, representatives, employees and subcontractors. B. 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. C. Minimum Limits of Insurance. Flock shall maintain limits no less than: (1) Commercial General Liability: written on an occurrence basis with minimum limits of One Million Dollars ($1,000,000) per occurrence and Two Million Dollars ($2,000,000) in the aggregate for bodily injury, death, and property damage, including personal injury, contractual liability, independent contractors, broad-form property damage, and product and completed operations coverage; (ii) Umbrella or Excess Liability insurance written on an occurrence basis with minimum limits of Ten Million Dollars ($10,000,000) per occurrence and Ten Million Dollars ($10,000,000) in the aggregate; (2) Automobile Liability: $1,000,000 per accident for bodily injury and property damage. Page 137 (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) No representation is made that the minimum insurance requirements of this Agreement are sufficient to cover the obligations of the Contractor under this Agreement. A combination of primary and excess insurance can be used to satisfy the above minimum insurance requirements. (6) Nothing contained in this Section regarding insurance will, in any way or manner, increase the aggregate liability of Contractor to the City or any other Indemnified Parties or waive or diminish any of the express disclaimers, exclusions or limitations on damages set forth in this Agreement, whether the City recovers from Contractor, directly from an insurance carrier of Contractor or otherwise. D. Deductibles and Self-Insured Retentions. Any deductibles or self- insured retentions must be declared to and approved by the City and shall not reduce the limits of coverage. City reserves the right to obtain a full certified copy of any required insurance policy and endorsements. Required Coverage. Flock shall procure and maintain for the duration of this Agreement insurance against claims for injuries to persons or damages to property that may arise from or in connection with the performance of the services under this Agreement and the results of that work by Flock or its agents, representatives, employees or subcontractors. Insurance shall be placed with insurers with a current A. M. Best rating of no less than “A” and “VII”. Flock shall obtain and, during the term of this Agreement, shall maintain policies of professional liability (errors and omissions), automobile liability, and general liability insurance for insurable amounts of not less than the limits listed herein. The insurance policies shall provide that the policies shall remain in full force during the life of the Agreement. Flock shall procure and shall maintain during the life of this Agreement Worker's Compensation insurance as required by applicable State law for all Flock employees. For the avoidance of doubt, (i) all required insurance limits by Page 138 Customer can be met through a combination of primary and excess/umbrella coverage, and (ii) Flock’s Cyber and Errors and Omissions insurance has a shared limit of Five Million Dollars (5,000,000) per incident and in the aggregate. Types and Amounts Required. Flock shall maintain, at minimum, the following insurance coverage for the duration of this Agreement: (i) Commercial General Liability insurance written on an occurrence basis with minimum limits of One Million Dollars ($1,000,000) per occurrence and Two Million Dollars ($2,000,000) in the aggregate for bodily injury, death, and property damage, including personal injury, contractual liability, independent contractors, broad-form property damage, and product and completed operations coverage; (ii) Workers Compensation insurance in accordance with statutory limits; (iii) Professional Liability/Errors and Omissions insurance with minimum limits of Five Million Dollars ($5,000,000) per occurrence and Five Million Dollars ($5,000,000) in the aggregate; (iv) Commercial Automobile Liability insurance with a minimum combined single limit of One Million Dollars ($1,000,000) per occurrence for bodily injury, death, and property coverage, including owned and non-owned and hired automobile coverage; and (v) Cyber Liability insurance written on an occurrence basis with minimum limits of Five Million Dollars ($5,000,000). Page 139 EXHIBIT C CUSTOMER IMPLEMENTATION GUIDE Page 140 Law Enforcement Customer Implementation Guide Page 141 1Customer Implementation Guide: LAW ENFORCEMENT Implementation Timeline Flock Safety Team Implementation Service briefs: Existing Infrastructure vs Standard vs Advance Existing Infrastructure Implementatio Standard Implementatio Advanced Implementation Things to Consider When Selecting Locations Customer Responsibilities: AC-Powered Cams Electrician Handou Electrician Installation Step FAQs about AC-Powered Flock Cameras Installation Service Brief Summary Permitting: Pre-Install Questionnair Timelin Right of Wa AC Power vs. Sola Traffic Control & Installation Method Paperwork & Required Form Contacts *Fee Schedule Help Center Customer Support ................................................................. 2 ............................................................................ 3 ............. 6 ......................... 12 ........................ 14 ........................................................................ 15 ............................................. 18 .......................................... 19 ................................................................................. 21 ..................................................................................... 22 .......................................................................... 22 Table of Contents Page 142 Review Locations Confirm camera locations with your sales representative FLOCK: Your sales representative will present several viable options for camera locations CUSTOMER: Review Deployment Plan & approve camera locations If Public Works is required to move forward, please obtain approvalPlease Note: finalize Locations Prepare for finalized camera locations FLOCK: Confirm Deployment Plane and signed agreement. Flock will move forward with next steps for locations that don't need permits (minimum 10 locations needed to move forward with partial installation) CUSTOMER: Prepare the below items, as neede If permits are required, begin application proces If camera will be AC-powered, hire an electrician/street department Step 1 Conduct On-site Survey & Place Flags FLOCK: Flock technician conducts site survey to (1) evaluate/reconfirm solar or power access, (2) check line of sight to the road, and (3) evaluate/reconfirm cellular service in the area. When the technician deems the locations suitable, s/he will place a white flag at each spot If the initially determined locations don't meet Flock standards, we will evaluate a new location, obtain customer approval, and redo a site survey. This may push timeline for installation PLEASE NOTE: Step 2 Call 811 FLOCK: Flock Safety will coordinate with Call 811 to mark each camera location for underground utilities within a 10-foot radius Call 811 is a government service, so turnaround times may vary and is outside of Flock control PLEASE NOTE: Step 3 Schedule Installation FLOCK: Flock will (1) ship any site specific material that the technician does not have locally (2) schedule the installation date Step 4 Install & Validate Cameras FLOCK: After installation, your Onboarding Specialist will confirm that cameras are capturing footage well and functioning properly. They will then give you full access to the system along with helpful training resources Ongoing – as Needed Finalize Any Installation Needs FLOCK: While we typically complete installations within 4 weeks of finalizing locations, delays may occur due to external factors. In these instances, we will continue to work through this process until your cameras are fully installed and operational 2 This timeline provides general guidance and understanding of your installation process. While we typically complete installations 6-8 weeks after locations have been finalized, delays can occur as noted in the timeline below: Implementation Timeline Page 143 How They Will Support YouImplementation Team Field Operations Team The Field Operations team is responsible for the physical installation and maintenance of cameras and associated equipment provided by Flock. This includes a large team of technicians, schedulers, and many others involved in ensuring the delivery of the product. They take the technical plan you finalized with Product Implementation and work closely with other teams at Flock to make sure that the cameras are installed quickly and safely and in a way that maximizes the opportunity to solve crime at a specific location *Note*: For , please always direct them to your and not the technician. all Installation questions or concerns Customer Success Manager Project Manager Your is your Your project manager will guide you through the entire installation process, keeping you apprised of all implementation updates as well as answering any questions you have during this time. They will ensure that all the cameras are on the ground and operating for at least 48 hours before transitioning you to your Customer Success Manager. Project Manager primary contact during camera installation. 3 Flock Safety Team Page 144 How They Will Support YouRelationship Team Flock Safety Support The Flock Safety Support team is committed to answering all your day-to-day questions as quickly as possible. , simply email Support can help you Request camera maintenanc Troubleshoot online platfor Contract / Billing question Update account informatio Camera Sharing question Quick “How to” questions in your Flock Account To get in touch with support support@flocksafety.com or call 866-901-1781 Mon-Fri 8am-8pm EST.  Customer Success  Manager Your Customer Success Manager is your strategic partner for your lifetime as a Flock customer. While the cameras are getting installed, your CSM will help get your account set up and get all key users trained on the system. Post-Camera-Installation, your CSM will be your go-to for most account-related needs: You should reach out to them to Set up Account Trainin Understand benefits of feature Learning best practices for getting relevant dat Identifying opportunities to expand the security network in your are Provide feedback on your partnership with Flock 4 Page 145 Outside Party When they may be involved If the Flock cameras need to be AC powered, you (customer) are responsible for providing an electrician to ensure power connectivity Electrician/Street Department To weigh in on the use of public Rights of Way or propertyPublic Works (LE) If installation in your area requires permitting Department of Transportation (DOT), City, or County agencies 5 PLEASE NOTE: On some occasions, third parties outside of Flock Safety may be (or need to be) involved in your implementation. Page 146 Included in scope: Once designated locations are approved by the customer, as part of the Flock will perform the following An in-person site survey to confirm the installation feasibility of a location (location assessment, solar assessment, visibility review, etc. Cameras need sufficient power. Since a solar panel is required per camera, it can prevent adequate solar power if two cameras and two solar panels are on a single pole (blocking visibility). Therefore   if relying on solar power, only one camera can be installed per pole Confirm that a location is safe for work by following State utility locating procedures. Each installation may include the following Installation of camera and solar panel or AC adapter box on a suitable existing pole Existing Infrastructure Implementation Service COST: $150 per camera (one time cost) Existing Infrastructure Implementation Existing Infrastructure Install Pole None Flock NCHRP 350 / MASH Timeline Short Medium Longest Cost Lowest Mid Highest Standard Install Advanced Install Implementation Service Briefs: Existing Infrastructure vs Standard vs Advanced 6 Page 147 7 Out of scope: By default, Flock does include the following as part of the but can provide a quote for sourcing at an additional cost Mounting on mast arms (always require bucket truck and traffic control Call 811 ‘Call-before-you-Dig’ syste Installation of any poles including but not limited t Standard, 12’ above grade NCHRP 350 or MASH approved pole (as may be required for locations in DOT right of way A Bucket Truck for accessing horizontal/cross-beams and/or height above 14 Special equipment rentals for site acces Site-specific engineered traffic plan Third-party provided traffic contro State or city-specific specialty contractor licenses or unique attachment/ connection requirement Custom engineered drawings Electrical work requires a licensed electrician. not Existing Infrastructure Implementation Service Flock breakaway pol Types of existing infrastructure such as existing utility, light, and traffic signal poles Pole no higher than 8’-12’ (approval at Flock Safety’s discretion Flock will provide and mount an AC adapter unit that a qualified electrician can connect to AC power following our . Flock is unable to make any AC connections or boreholes in any material other than dirt, grass, loose gravel (or other non-diggable material). Electrical work requiring a licensed electrician and associated costs, not included in the scope Access requiring up to a 14’ using an A-frame ladde Standard MUTCD traffic control procedures performed by a Flock technicia Obtain a business license to operate in the city and state of camera location electrical wiring requirements Page 148 8 Included in scope: Once designated locations are approved by the customer, as part of the Flock will perform the following An in-person site survey to confirm the installation feasibility of a location (location assessment, solar assessment, visibility review, etc.) Confirm that a location is safe for work by following state utility locating procedures. Work with local utilities to prevent service interruptions during the installatio Engage 811 ‘Call-before-you-Dig’ system to receive legal dig dat Apply approved markings Coordinate with 811 regarding any necessary high-risk dig clearances or required vendor meet Each installation may include the following Installation of camera and solar panel with Standard Implementation Service standard, 12’ above grade Flock breakaway pole COST: $650 per camera (one time cost) Standard Implementation Flock will provide and mount an AC adapter that a qualified electrician can connect to AC power but cannot make any AC connections or boreholes in any material other than dirt, grass, loose gravel (or other non-diggable material) Concrete cuttin Private utility search for privately owned items not included in standard 811 procedures (communication, networking, sprinklers, etc. Upgrades to power sources to ready them for Flock power (additional fuses, switches, breakers, etc. Any fees or costs associated with filing for required city, county, or state permit Licensing or attachment agreements with asset / infrastructure owners Utility contracts and billing Customer requested relocations (see fee schedule) Page 149 9 Out of scope: By default, Flock does include the following as part of the Standard Implementation Service but can provide a quote for sourcing at an additional cost Use and/or mounting to existing infrastructure NCHRP 350 or MASH approved pole (as may be required for locations in DOT right of way A Bucket Truck for accessing horizontal/cross-beams and/or height above 14 Special equipment rentals for site acces Site-specific engineered traffic plan Third-party provided traffic contro State or city-specific specialty contractor license Custom engineered drawings Electrical work requires a licensed electrician. Flock will provide and mount an AC adapter that a qualified electrician can connect to AC power but cannot make any AC connections or boreholes in any material other than dirt, grass, loose gravel (or other non-diggable material) Concrete cuttin Private utility search for privately owned items not included in standard 811 procedures (communication, networking, sprinklers, etc.) not Installation of camera and AC adapter that a qualified electrician can connect to AC power on a suitable existing pole, no higher than 8-12’ (approval at Flock Safety’s discretion Flock will provide and mount an AC adapter that a qualified electrician can connect to AC power following our . Flock is unable to make any AC connections or boreholes in any material other than dirt, grass, loose gravel (or other non-diggable material). Electrical work requiring a licensed electrician and associated costs, not included in the scope Access requiring up to a 14’ A-frame ladde Standard MUTCD traffic control procedures performed by a Flock technicia Obtain a business license to operate in the City and State of camera location electrical wiring requirements Page 150 10 Upgrades to power sources to ready them for Flock power (additional fuses, switches, breakers, etc. Any fees or costs associated with filing for required city, county, or state permit Licensing or attachment agreements with asset / infrastructure owners Utility contracts and billing Customer requested relocations (see fee schedule) Included in scope: Once Designated Locations are confirmed, as part of the , Flock will perform the following An in-person site survey to confirm the installation feasibility of a location (location assessment, solar assessment, visibility review, etc.) Confirm that a location is safe for work by following State utility locating procedures. Work with local utilities to prevent service interruptions during the installatio Engage 811 ‘Call-before-you-Dig’ system to receive legal dig dat Apply approved markings Coordinate with 811 regarding any necessary high-risk dig clearances or required vendor meet Each installation may include the following Installation of camera and solar panel on a suitable approved pole Installation of camera and AC adapter that a qualified electrician can connect to AC power Flock will provide and mount an AC adapter that a qualified electrician can connect to AC power following our . Flock cannot make any AC connections or boreholes in any material other than dirt, grass, loose gravel (or other non-diggable material). Advanced Implementation Service NCHRP 350 or MASH electrical wiring requirements COST: $1,900 per camera (one time cost) Advanced Implementation Page 151 11 Out of scope: By default, Flock does not include the following as part of the but can optionally provide a quote for sourcing (additional cost) Installation on or existing infrastructure A Bucket Truck for accessing horizontal/cross-beams and/or height above 14 Special equipment rentals for site acces Site-specific engineered traffic plan Third-party provided traffic contro State or City-specific specialty contractor license Custom engineered drawing Electrical work requires a licensed electrician. Flock will provide and mount an AC adapter that a qualified electrician can connect to AC power but cannot make any AC connections or boreholes in any material other than dirt, grass, loose gravel (or other non-diggable material) Concrete cuttin Private utility search for privately owned items not included in standard 811 procedures (communication, networking, sprinklers, etc. Upgrades to power sources to ready them for Flock power (additional fuses, switches, breakers, etc. Fees or costs associated with filing for required City, County, or State permits Advanced Implementation Service Standard, 12’ above grade Flock breakaway pole Access requiring up to a 14’ A-frame ladde Standard MUTCD traffic control procedures performed by a Flock technicia Obtain a business license to operate in the City and State of camera location Electrical work requiring a licensed electrician and associated costs, not included in the scope. Page 152 12 Mountin They can be mounted on existing utility, light, traffic signal poles, or 12 foot Flock poles. They should be mounted one per pole. If using AC power, they can be mounted 2 per pole. They can be powered with solar panels or direct wire-in AC Power (no outlets). They will require adequate cellular service using AT&T or T-Mobile to be able to process & send images. ** ** Placemen They capture vehicles driving away from an intersection. They cannot point into the middle of an intersection. They should be placed after the intersection to prevent stop and go motion activation or “stop and go” traffic. Falcon Cameras Use Case Flock LPRs are designed to capture images of rear license plates aimed in the direction of traffic. Flock LPRs are not designed to capture pedestrians, sidewalks, dumpsters, gates, other areas of non-vehicle traffic, intersections. Things to Consider When Selecting Locations * ** *** Permitting (or permission from pole owner) may be required to use existing infrastructure or install in specific areas, depending on local regulations & policies. Cameras need sufficient power. Since a solar panel is required per camera, it can prevent adequate solar power if two cameras and two solar panels are on a single pole (blocking visibility). Therefore if relying on solar power, only one camera can be installed per pole. Flock does not provide Electrical services. Once installed, the agency or community must work with an electrician to wire the cameras. Electrician services should be completed within two days of installation to prevent the camera from dying. Page 153 13 Pole not If a location requires a "DOT Pole” (i.e., Advanced Pole, Flock standard pole), the implementation cost will be $5,000/camera. Solar Panels Solar panels need unobstructed southern-facing views. Page 154 14 Customer Responsibilities: AC-Powered Cams If the Flock cameras need to be AC-powered, the for acquiring an electrician and ensuring they connect the camera to power. . customer is responsible See steps 2 and 6 below 6. Connect Camera to Power  Notify the electrician that the camera is ready for the power connection installation 5. Install Camera  Flock will install the camera and AC power kit at the specified camera location 4. Conduct Site Survey  Flock will mark camera locations, locate underground utilities and mark if present 3. Sign Flock Safety Agreement  Sign the Flock Safety purchase order to begin the installation of cameras 2. Acquire an Electric Quote  Contact an electrician to receive a quote to run 120volt AC power to the camera120v 1. Create a Deployment Plan  Work with us to select the best location(s) for Flock Safety cameras and power sources How to Get Started with a Powered Install Page 155 15 Electrician Handout Electrician Installation Steps Run AC cable and conduit to the box according to NEC Article 300 and any applicable local codes. The gland accepts ½” conduit Open the box using hinges Connect AC Mains per wiring diagram below: Connect AC Neutral wire to the Surge Protector white Neutral wire using the open position on the lever nut Connect AC Line wire to the Surge Protector black Line wire using the open position on the lever nut Connect AC Ground wire to the Surge Protector green ground wire using the open position on the lever nut. 4. Verify that both the RED LED is lit on the front of the box 5. Close box and zip tie the box shut with the provided zip tie 6. While still on-site, call Flock, who will remotely verify that power is working  correctly: Southeast Region - (678) 562-8766 West-Region - (804) 607-9213 Central & NE Region - (470) 868-4027 Page 156 16 FAQs about AC-Powered Flock Cameras What voltage is supported?   The AC kit is designed to work with 120VAC Infrastructure by default. A 240VAC version is available on request. How much power does this consume   Peak current draw is 1.5 A at 120VAC. The average power draw is roughly 30W in high traffic conditions but maybe lower when fewer vehicles are present. Who is responsible for contracting the electrician?   The customer is responsible for contracting an electrician. We can help answer questions, but the customer is responsible for identifying and contracting an electrician. Who is responsible for maintenance?   Flock will handle all maintenance related to Flock’s camera and power equipment. However, any problems with the electrical supply are the customer’s responsibility. The AC junction box has two lights to indicate the presence of power and make it easy for quick diagnosis if there is a problem related to the AC power source If the camera indicates to Flock that there is a power supply problem, Flock will notify the customer and request that the customer verifies the lights on the AC junction box. If the AC Source light is illuminated, Flock will send a technician to investigate. If the AC source light is not illuminated, the customer should check any GFCI’s or breakers in the supply circuit or call the electrician who installed the power supply. How much does it cost?   Work required to bring AC power to each location will be different, so exact pricing is unavailable. Primary cost drivers include arrow boards and the distance from the camera location to the AC power source. What information do I need to provide my electrician?   The Flock deployment plan and these work instructions should be sufficient to secure a quote. It will be helpful if you know the location of the existing power infrastructure before creating the deployment plan. ? Page 157 17 Can you plug it into my existing power outlet? The Flock AC power adapter does not use a standard outlet plug but must be directly wired into the power mains. While using outlet plugs may be convenient, they can easily be unplugged, presenting a tampering risk to this critical safety infrastructure.   The electrician can route power directly to the camera with a direct wire-in connection if an outlet is close to the camera. How long does this process typically take?   The installation process typically takes 6-8 weeks. To accelerate the process, be sure to have the electrician perform his work shortly after the Flock technician finishes installing the camera. What kind of electrician should I look for?   Any licensed electrician should perform this work, though we have found that those who advertise working with landscape lighting are most suited for this work. What happens if the electrician damages the equipment?   The customer is responsible for contracting the electrician. Any liability associated with this work would be assumed by the customer. If any future work is required at this site due to the electrical infrastructure or the work performed by the electrician would be the responsibility of the customer. When should the electrician perform his work?   Once Flock installs the camera, you will receive an email alert letting you know that this has been completed. After this, you will need to schedule the electrician to route power to the pole. What if my electrician has questions about Flock’s AC Kit?   You should share the packet with the electrician if they have questions. What if the AC power is on a timer?   Sometimes the AC power will be on a timer (like used for exterior lighting). Flock requires that the AC power provided to the camera be constant. The source that the electrician uses must not be on a timing circuit. AC-Power Kit Details Page 158 18 Installation Service Brief Summary Below outlines the statement of work for the Flock Camera Installation: What is covered by Flock Flock Cameras & Online Platform Mounting Poles AC Power Kit (as needed) Solar Panels (as needed) Site Surveys and Call 811 Scheduling Installation Labor Costs Customer Support / Training Cellular Data Coverage Maintenance Fees (review for more details) Fees Sheet Data storage for 30 days Traffic Control and any associated costs *DOT Approved Pole cost Electrician   & ongoing electrical costs Engineering Drawings Relocation Fees Contractor licensing fees Permit application processing fees Specialist mounting equipment Bucket trucks Loss, theft, damage to Flock equipment Camera downtime due to power outage ***Field Technician Maintenance for Falcon™ Flex excluding changes during initial installation Including, but not limited to, MASH poles or adapters ** Only applicable for   AC-powered cameras What is NOT covered by Flock Special note * ** *** If a location requires a "DOT pole" (i.e., not our standard), the implementation cost will be $5,000/camera; This cost is applicable for installations in GA, IL, SC, TN, and CA. MASH poles: Manual for Assessing Safety Hardware (MASH) presents uniform guidelines for crash testing permanent and temporary highway safety features and recommends evaluation criteria to assess test results If a camera is lost, stolen, or damaged, a replacement device can be purchased at a discounted price of $800 Page 159 19 Permitting: Pre-Install Questionnaire Traffic Control & Installation Method , this typically necessitates an entire lane to be blocked in the direction of travel. If a bucket truck is required Can you provide a patrol car escort, or will full traffic control be required?* 4. AC Power vs. Sola If AC powered, is there a 120V power source available, and is there access to an electrician who can connect the existing wire to the Flock Safety powered If solar-powered, consider the size of the solar panel and potential to impact the visibility of DOT signs/signals Single Panel: 21.25" x 14" x 2" (Length x Width x Depth Double Panel: 21.25" x 28" x 2" (LxWxD) installation kit 3. Right of Wa Will any Flock Safety cameras be installed on the city, state, or power company-owned poles or in the city, county, or state Right of Way (RoW) What is the RoW buffer Will additional permits or written permission be required from third-party entities (such as DOT, power companies, public works, etc.) Will any cameras be installed on city-owned traffic signal poles (vertical mass)? If yes, please provide heights/photos to determine if a bucket truck is needed for the installation. Note: A bucket truck is required if the height exceeds 15 feet tall. 2. Timelin In Flock Safety ’s experience, in-depth permitting requirements can The SLA for permit document submission is within 15 days from contract signature date (contract Closed-Won) add 2+ months to the installation timeline. 1. PLEASE NOTE: If traffic control is required, you may incur additional costs due to city/state requirements; Fees will be determined by quotes received. Page 160 20 Paperwork & Required Form Flock Safety will need copies of paperwork to complete before proceeding (ex., business license applications, encroachment permit applications). We can save critical time by gathering these documents upfront. We appreciate your assistance in procuring these. 5. Contact If Flock Safety needs to interface directly with the departments, please share the contact information of the following departments Permittin Public Work Traffic Department 6. Will standard plans suffice, or are custom plans needed? Custom plans can double the cost, while standard plans can be pulled from the Manual of Uniform Traffic Control Devices Will a non-sealed copy of the traffic plan suffice? Or does the traffic plan need to be sealed and/or submitted by a professional engineer Are there state-specific special versions/variances that must be followed , the shoulder or sidewalk should suffice and enable Flock Safety to proceed without traffic control systems in place. Note: In some states (i.e., arrow boards), sidewalks may require signage. If signage is mandatory, Will your Public Works department be able to assist? If full traffic control is required (cones, arrow boards, etc.) (MUTCD) If a bucket truck is not required Page 161 21 After a deployment plan with Designated Locations and equipment has been agreed upon by both Flock and the Customer, any subsequent changes to the deployment plan (“Reinstalls”) driven by a Customer’s request will incur a fee per the table below.  What services incur fees Requested relocations post-approval by customer Relocations due to poor performance will be the responsibility of Floc If a customer requests a location against the advisement of Flock, performance issues and any requested relocations will be the responsibility of the customer Per the contract and absent a defect, in the event that Flock Hardware is lost, stolen, or damaged, Customer may request that Flock replace the Flock Hardware at a fee according to the then-current Reinstall policy  Misc billables for out of scope items for each implementation https://www.flocksafety.com/reinstall-fee-schedule Incurred Fees Camera relocatio Existing infrastructure (non-AC powered)........................................................ Flock pole (non-AC powered).............................................................................. Advanced pole (non-AC powered).................................................................. Replacement Camera only as a result of vandalism, theft, or damage ............................. Pole replacement only as a result of vandalism, theft, or damag Flock pole .......................................................................................................... Advanced pole ............................................................................................... Full replacement as a result of vandalism, theft, or damage Flock pole, camera, and solar (non-AC Powered).................................. Advanced pole, camera, and solar (non-AC Powered).......................... $350 $750 $5000 $800 $500 $5000 $1300 $5800 *Fee Schedule Page 162 22 Trip charge ...................................................................................................................... Examples Angle adjustment (elective Install additional Flock signage $35 All fees are per reinstall or required visit (in the case that a reinstall is attempted but not completed) and include labor and materials. If you have any questions, please email support@flocksafety.com. Help Center Our Help Center is filled with many resources to help you navigate through the online platform. Below you will find some common questions and their relevant help article:   (National Lookup - network of law enforcement agencies that have opted to allow their network of Flock cameras to be used for searches) How do I search camera footage? How do I add a user? How do I add a vehicle to my own Hot List? How do I enable browser notifications for Hot List alerts? How do I get text alerts for Hot List? How do I request camera access from other nearby agencies? How do I use the National Lookup to search for a plate? How do I reset my / another user’s password? Customer Support You can reach our customer support team anytime by emailing . They can help answer any “How-To” questions you may have. support@flocksafety.com Page 163 EXHIBIT D Page 164 Page 165 I:\PURCHASE\TEMPLATES, FORMS\RFQ,RFQual,RFB,RFP TEMPLATES\Sole Source Justification Form.doc CITY OF RANCHO CUCAMONGA SINGLE/SOLE SOURCE JUSTIFICATION FOR PURCHASES $8,500 AND ABOVE The below information is provided in support of my Department requesting approval for a single/sole source. Outside of a duly declared emergency, the time to develop a statement of work or specifications is not in itself justification for single or sole source. Vendor:________________________________________Date: __________________ Commodity/Service:_____________________________________________________ Estimated expenditure: __________________Your Name: ______________________ Extent of market search conducted: ________________________________________ _____________________________________________________________________ Price Reasonableness:__________________________________________________ Does moving forward on this product/service further obligate the City to future similar contract actual arrangements? _____________________________________________ _____________________________________________________________________ DEFINITIONS: SINGLE SOURCE – a transaction with a business entity that is chosen, without competition, from among two or more business entities capable of supplying or providing the goods or services that meet the specified need. SOLE SOURCE - A transaction with the only business entity capable of supplying or providing the goods or services that meet the specified need. Initial all entries below that apply to the proposed purchase (more than one entry will apply to most single/sole source products/services requested). If needed, attach a memorandum containing complete justification and support documentation as directed in initial entry. This is a Single Source THIS IS A SOLE SOURCE PURCHASE (check one). 1. _______ SINGLE/SOLE SOURCE REQUEST IS FOR THE ORIGINAL MANUFACTURER, THERE ARE NO REGIONAL DISTRIBUTORS. (Item no. 3 also must also be completed). 2. _______ THE PARTS/EQUIPMENT ARE NOT INTERCHANGEABLE WITH SIMILAR PARTS OF ANOTHER MANUFACTURER. (Explain in separate memorandum). Flock safety Fixed camera ALPR Installation 250,000 Cinthia Barboza Extensive web based search as well. The price is competetive with similar products on the market. Initially there will be payment for a mult-year of Flack Safety ALPR Equipment. After that time, if we plan to continue use fo the equipment we will have the option of purchasing additional years of service. Febuary 12, 2025 ATTACHMENT 2 Page 166 Single/Sole Source Justification Form Page 2 I:\PURCHASE\TEMPLATES, FORMS\RFQ,RFQual,RFB,RFP TEMPLATES\Sole Source Justification Form.doc 05/23/2024 3. _______ THIS IS THE ONLY KNOWN ITEM OR SERVICE THAT WILL MEET THE SPECIALIZED NEEDS OF THIS DEPARTMENT OR PERFORM THE INTENDED FUNCTION. (Attach memorandum with details of specialized function or application). 4. _______ UNIQUE FEATURES OF THE SUPPLY/SERVICE BEING REQUESTED. THERE IS NO ALTERNATIVE SUPPLIER. (Attach memorandum with reasons why these unique features are and what benefit the City will accrue.) 5. _______ THE PARTS/EQUIPMENT ARE REQUIRED FROM THIS SOURCE TO PERMIT STANDARDIZATION (Attach memorandum describing basis for standardization request). 6. _______ NONE OF THE ABOVE APPLY. A DETAILED EXPLANATION AND JUSTIFICATION FOR THIS SINGLE/SOLE SOURCE REQUEST IS CONTAINED IN ATTACHED MEMORANDUM. The undersigned requests that competitive procurement be waived, and that the vendor identified as the supplier of the service or material described in this single/sole source justification be authorized as a single/sole source for the service or material. Department Head: ____________________________ Department: _______________________ APPROVED APPROVED WITH CONDITION/S DISAPPROVE Comments:_______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ $5,000 - $49,999 APPROVED BY PURCHASING MANAGER: ____________________________Date: __________ $50,000 - $150,000 APPROVED BY CITY MANAGER: ____________________________Date: __________ $150,000 AND OVER See comments above by Purchasing Division, attach to Council Request CITY COUNCIL ACTION: ____________________________________________Date: __________ X Rancho Cucamonga PD Page 167 Flock Safety + CA - City of Rancho Cucamonga ______________ Flock Group Inc. 1170 Howell Mill Rd, Suite 210 Atlanta, GA 30318 ______________ MAIN CONTACT: Mike McManus mike.mcmanus@flocksafety.com 7607049129 ATTACHMENT 3 Page 168 EXHIBIT A ORDER FORM Customer:CA - City of Rancho Cucamonga Initial Term:36 Months Legal Entity Name:CA - City of Rancho Cucamonga Renewal Term:24 Months Accounts Payable Email:jgillison@ranchocucumonga.gov Payment Terms:Net 30 Billing Frequency:Annual Plan - Invoiced at First Camera Validation. Retention Period:365 Days Address:10500 Civic Center Dr Rancho Cucamonga, California 91730 Hardware and Software Products Annual recurring amounts over subscription term Item Cost Quantity Total Flock Safety Platform $76,800.00 Flock Safety Bundles Flock Safety Solar Multi-Purpose LPR and Video Fixed w/ LTE Service Included 1 Included Flock Safety LPR Products Flock Safety Falcon ®Included 4 Included Solar Falcon ® LR Included 11 Included Flock Safety Platform Add Ons Extended data retention (Up to 1 Year) Included 16 Included Professional Services and One Time Purchases Item Cost Quantity Total One Time Fees Flock Safety Professional Services Professional Services - Existing Infrastructure Implementation Fee $150.00 4 $600.00 Professional Services - Solar Implementation Fee $750.00 11 $8,250.00 Professional Services - Bundle Implementation Fee $900.00 1 $900.00 Subtotal Year 1:$86,550.00 Annual Recurring Subtotal:$76,800.00 Estimated Tax:$0.00 Contract Total:$240,150.00 Page 169 5 4 1 5 The Term for Flock Hardware shall commence upon first installation and validation, except that the Term for any Flock Hardware that requires self- installation shall commence upon execution of the Agreement. In the event a Customer purchases more than one type of Flock Hardware, the earliest Term start date shall control. In the event a Customer purchases software only, the Term shall commence upon execution of the Agreement. Taxes shown above are provided as an estimate. Actual taxes are the responsibility of the Customer. This Agreement will automatically renew for successive renewal terms of the greater of one year or the length set forth on the Order Form (each, a “Renewal Term”) unless either Party gives the other Party notice of non-renewal at least thirty (30) days prior to the end of the then-current term. Page 170 5 4 1 5 Billing Schedule Billing Schedule Amount (USD) Year 1 At First Camera Validation $86,550.00 Annual Recurring after Year 1 $76,800.00 Contract Total $240,150.00 *Tax not included Page 171 5 4 1 5 Product and Services Description Flock Safety Platform Items Product Description Flock Safety Falcon ® Law enforcement grade infrastructure-free (solar power + LTE) license plate recognition camera with Vehicle Fingerprint ™ technology (proprietary machine learning software) and real-time alerts for unlimited users. Solar Falcon ® LR Law enforcement grade, long range and high vehicle speed license plate recognition camera with Vehicle Fingerprint ™ technology (proprietary machine learning software) and real-time alerts for unlimited users, with LTE. Solar Power only. AC power is also available if needed. Flock Safety Solar Multi-Purpose LPR and Video Fixed w/ LTE Service Law enforcement grade bundled standard range license plate recognition camera and live streamed solar powerd fixed camera with 30 days of edge storage, with LTE. VMS included and server free. Installed and maintained by Flock Safety, turn key-no additional software or integrations required. with Vehicle Fingerprint ™ technology (proprietary machine learning software) and real-time alerts for unlimited users. AC power is also available if needed. Professional Services - Existing Infrastructure Implementation Fee One-time Professional Services engagement. Includes site and safety assessment of existing vertical infrastructure location, camera setup and testing, and shipping and handling in accordance with the Flock Safety Standard Implementation Service Brief. Extended data retention (Up to 1 Year)Extended data retention for up to 1 year for 1 Law Enforcement grade Falcon camera. Professional Services - Solar Implementation Fee One-time Professional Services engagement. Includes site and safety assessment, camera setup and testing, and shipping and handling in accordance with the Flock Safety Standard Implementation Service Brief. Professional Services - Bundle Implementation Fee One-time Professional Services engagement. Includes site and safety assessment, camera setup and testing, and shipping and handling in accordance with the Flock Safety Standard Implementation Service Brief. Flock Safety Falcon ® Solar Condor ™ Fixed Page 172 5 4 1 5 By executing this Order Form, Customer represents and warrants that it has read and agrees all of the terms and conditions contained in the Terms of Service located at https://www.flocksafety.com/terms-and-conditions The Parties have executed this Agreement as of the dates set forth below. FLOCK GROUP, INC.Customer: CA - City of Rancho Cucamonga By: \FSSignature2\ By: \FSSignature1\ Name: \FSFullname2\ Name: \FSFullname1\ Title: \FSTitle2\ Title: \FSTitle1\ Date: \FSDateSigned2\ Date: \FSDateSigned1\ PO Number: Page 173 DATE:March 5, 2025 TO:Mayor and Members of the City Council FROM:John R. Gillison, City Manager INITIATED BY:Neil Plummer, Public Works Services Director Ruth Cain, Procurement Manager Richard Favela, Streets, Storm Drains, and Fleet Superintendent Lisa O’Brien, Public Works Business Manager Albert Lopez, Fleet Supervisor Paige Eberle, Management Analyst I SUBJECT:Consideration of Single-Source Purchase of Seven (7) Ford E-Transit Vans from Sunrise Ford of Fontana, California, in an Amount Not to Exceed $403,596.56, Following Unforeseen Procurement Challenges with National Auto Fleet Group. (CITY) RECOMMENDATION: Staff recommends that the City Council approve the single-source purchase of seven (7) Ford E- Transit Vans from Sunrise Ford of Fontana, California, in an amount not to exceed $403,596.56. This purchase follows the City’s initial attempt to procure the vehicles through the Sourcewell contract with National Auto Fleet Group, which was unable to fulfill the order. The purchase will be funded from the Equipment/Vehicle Replacement Fund. BACKGROUND: The Public Works Services Department (PWSD) identified several vehicles for replacement in Fiscal Year 2023/2024, as they had exceeded their expected service life, with high mileage and increasing repair costs that now exceed their market values. To address this, PWSD proposed replacing seven (7) trucks with Ford E-Transit Vans, aligning with the City’s goals to reduce greenhouse gas emissions, comply with the California Air Resources Board’s vehicle procurement mandates for Model Year 2024, and support the City Council’s Climate Action initiatives. The vehicles designated for replacement are used by the Irrigation Team, Park Facilities staff, Park Supervisors, and Facilities staff. Transitioning from trucks to Ford E-Transit Vans will reduce emissions, provide additional protection for equipment and supplies from inclement weather, and minimize theft risks. These vehicle replacements were approved as part of the FY 2023/2024 Budget. Staff identified a Sourcewell contract with National Auto Fleet Group to procure the Ford E-Transit Vans. Sourcewell is a cooperative purchasing platform that helps public agencies streamline procurement by offering pre-vetted vendors and competitive pricing. The City saved time and administrative costs typically associated with the traditional bidding process through this contract. Page 174 Page 2 2 7 2 7 After proceeding through the appropriate procurement process, the City encountered an unexpected challenge in October 2024. National Auto Fleet Groups informed the City that they could no longer fulfill the order under the Sourcewell contract. As a result, the order was not completed and staff had to explore alternative procurement options. Given this situation, and after careful review, the staff recommends a single-source purchase of the Ford E-Transit Vans from Sunrise Ford of Fontana. This purchase would be made directly from the dealership, allowing the City to acquire the vehicles off the lot and move forward with the replacement without further delays. ANALYSIS: Sourcewell offers a cooperative purchasing model that streamlines procurement by eliminating the need for individual bidding, ensuring cities receive competitively priced, high-quality products. PWSD initially planned to procure seven (7) Ford E-Transit Vans through a Sourcewell contract with National Auto Fleet Group, allowing for a quick transition from aging internal combustion trucks to electric vehicles (EVs). However, due to National Auto Fleet Group's inability to fulfill the order, the staff is now recommending a single-source purchase from Sunrise Ford of Fontana to proceed with replacing the vehicles and advancing the City’s sustainability goals. FISCAL IMPACT: The FY 2023/2024 Budget for equipment/vehicle replacement (CC001-F712-SC7007) is $403,596.56 This amount includes funding for the purchase of the seven (7) vehicles proposed to be procured from Sunrise Ford. COUNCIL MISSION / VISION / VALUE(S) ADDRESSED: This item addresses the City Council’s core values of providing and nurturing a high quality of life for all, intentionally embracing and anticipating our future, and relentless pursuit of improvement. ATTACHMENTS: Attachment 1 - Sole Source Justification Form Page 175 I:\PURCHASE\TEMPLATES, FORMS\RFQ,RFQual,RFB,RFP TEMPLATES\Sole Source Justification Form.doc CITY OF RANCHO CUCAMONGA SINGLE/SOLE SOURCE JUSTIFICATION FOR PURCHASES $8,500 AND ABOVE The below information is provided in support of my Department requesting approval for a single/sole source. Outside of a duly declared emergency, the time to develop a statement of work or specifications is not in itself justification for single or sole source. Vendor:________________________________________Date: __________________ Commodity/Service:_____________________________________________________ Estimated expenditure: __________________Your Name: ______________________ Extent of market search conducted: ________________________________________ _____________________________________________________________________ Price Reasonableness:__________________________________________________ Does moving forward on this product/service further obligate the City to future similar contract actual arrangements? _____________________________________________ _____________________________________________________________________ DEFINITIONS: SINGLE SOURCE – a transaction with a business entity that is chosen, without competition, from among two or more business entities capable of supplying or providing the goods or services that meet the specified need. SOLE SOURCE - A transaction with the only business entity capable of supplying or providing the goods or services that meet the specified need. Initial all entries below that apply to the proposed purchase (more than one entry will apply to most single/sole source products/services requested). If needed, attach a memorandum containing complete justification and support documentation as directed in initial entry. This is a Single Source THIS IS A SOLE SOURCE PURCHASE (check one). 1. _______ SINGLE/SOLE SOURCE REQUEST IS FOR THE ORIGINAL MANUFACTURER, THERE ARE NO REGIONAL DISTRIBUTORS. (Item no. 3 also must also be completed). 2. _______ THE PARTS/EQUIPMENT ARE NOT INTERCHANGEABLE WITH SIMILAR PARTS OF ANOTHER MANUFACTURER. (Explain in separate memorandum). ATTACHMENT 1 Sunrise Ford of Fontana CA. Febuary 4. 2025 Seven (7) Ford E-Transit Vans $403,596.56 Richard Favela This purchase follows the City's initial attempt to procure the vehicles through a Sourcewell contract with National Auto Fleet Group, which was unable to fulfill the order. Yes No Page 176 Single/Sole Source Justification Form Page 2 I:\PURCHASE\TEMPLATES, FORMS\RFQ,RFQual,RFB,RFP TEMPLATES\Sole Source Justification Form.doc 05/23/2024 3. _______ THIS IS THE ONLY KNOWN ITEM OR SERVICE THAT WILL MEET THE SPECIALIZED NEEDS OF THIS DEPARTMENT OR PERFORM THE INTENDED FUNCTION. (Attach memorandum with details of specialized function or application). 4. _______ UNIQUE FEATURES OF THE SUPPLY/SERVICE BEING REQUESTED. THERE IS NO ALTERNATIVE SUPPLIER. (Attach memorandum with reasons why these unique features are and what benefit the City will accrue.) 5. _______ THE PARTS/EQUIPMENT ARE REQUIRED FROM THIS SOURCE TO PERMIT STANDARDIZATION (Attach memorandum describing basis for standardization request). 6. _______ NONE OF THE ABOVE APPLY. A DETAILED EXPLANATION AND JUSTIFICATION FOR THIS SINGLE/SOLE SOURCE REQUEST IS CONTAINED IN ATTACHED MEMORANDUM. The undersigned requests that competitive procurement be waived, and that the vendor identified as the supplier of the service or material described in this single/sole source justification be authorized as a single/sole source for the service or material. Department Head: ____________________________ Department: _______________________ APPROVED APPROVED WITH CONDITION/S DISAPPROVE Comments:_______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ $5,000 - $49,999 APPROVED BY PURCHASING MANAGER: ____________________________Date: __________ $50,000 - $150,000 APPROVED BY CITY MANAGER: ____________________________Date: __________ $150,000 AND OVER See comments above by Purchasing Division, attach to Council Request CITY COUNCIL ACTION: ____________________________________________Date: __________ X Public Works Services Department 44 Page 177 DATE:March 5, 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:Neil Plummer, Public Works Services Director Mike McCliman, Fire Chief Ruth Cain, Procurement Manager Andy Miller, Facilities Superintendent Paige Eberle, Management Analyst I SUBJECT:Consideration of a Professional Services Agreement with Generator Services Co, Inc. for Generator Maintenance and Repair Services in an Amount Not to Exceed $45,000 for the remainder of FY 24/25 and estimated $450,000 over 7 years. (CITY/FIRE) RECOMMENDATION: Staff recommends the City Council and Board of Directors award and authorize the execution of a Professional Services Agreement (PSA) with Generator Services Co, Inc. to provide generator maintenance and repair services effective through June 30, 2030, with an option to renew in one (1) year increments up to a total of two (2) additional years, in an amount not to exceed $45,000 annually and $450,000 over the duration of the contract. BACKGROUND: The Public Works Services Department (PWSD), the Rancho Cucamonga Fire Protection District (RCFPD), and the Procurement Division routinely issue requests for proposals to ensure vendor services remain competitive. Public Works staff drafted a detailed scope of work to solicit bids for maintenance and repair services for generator systems within all City and Fire District facilities. Previously, a contract was obtained through an open market bid process with a not to exceed limit of $25,000 for as-needed services. Typically, these services were utilized in an on-call capacity however, due to increasing costs and a need for continual routine maintenance, Public Works solicited bids through a Request for Proposals (RFP) process to increase the spending limit and provide the appropriate level of service. This will assist the Public Works Department in reducing costly repairs and extend the useful life of our equipment through a routine, preventative maintenance program. PWSD provided the scope of work to the Procurement Division to prepare a formal Request for Proposal (RFP). The Procurement Division prepared and posted RFP #24/25-007 to the City’s automated procurement system. 529 vendors were notified of the solicitation, 33 prospective vendors downloaded or viewed the bid package, and 5 vendors response was received. Page 178 Page 2 2 7 3 1 ANALYSIS: An Evaluation Committee consisting of City staff conducted a thorough analysis of the RFP responses and scored and ranked the responsive proposals in accordance with the criteria specified in the RFP. The outcome of the evaluation process determined Generator Services Co, Inc. to be the most responsive vendor providing the best value while meeting the scope of services and specifications required. Therefore, staff recommends the City Council and Board of Directors award a contract to Generator Services Co, Inc. through June 30, 2030 and an option to renew in one (1) year increments for a total of two (2) additional years in an amount not to exceed $45,000 for the remainder of FY 24/25 and $450,000 over the duration of the contract, contingent upon approval of future budgets. If approved, a copy of the executed contract will be on file in the City Clerk’s Office. FISCAL IMPACT: This contract price is within various operations and contract services accounts in the adopted FY 2024/2025 budget and will be adjusted as necessary contingent upon future budgets. COUNCIL MISSION / VISION / GOAL(S) ADDRESSED: This item addresses City Council’s core values of promoting and enhancing a safe and healthy community for all by ensuring City and Fire District facilities and landscapes are properly maintained. ATTACHMENTS: None. Page 179 2 7 3 5 DATE:March 5, 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:Peter Castro, Deputy City Manager/Administrative Services Jevin Kaye, Finance Director Ruth Cain, Procurement Manager Cheryl Combs, Procurement Technician SUBJECT:Consideration to Approve the Use of NASPO Value Point Cooperative Agreement with Bridgestone Americas Tire Operation, LLC Contract MA#24158, Continental Tire the Americas, LLC Contract MA#24157, and Michelin North America, Inc. Contract MA#24156 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 Iowa Department of Administrative Services (DAS), to be Funded by Various Account Numbers, in Accordance with the Adopted Budget. (CITY/FIRE) RECOMMENDATION: Staff recommends the City Council and Fire Board of the Rancho Cucamonga Fire Protection District approve the use of a cooperative Contract through NASPO Value Point awarded by Iowa Department of Administrative Services (DAS), to Bridgestone Americas Tire Operation, LLC Contract MA#24158, Continental Tire the Americas, LLC Contract MA#24157, and Michelin North America, Inc. Contract MA#24156 to procure Tires, Tubes, and Services for the remainder of Fiscal Year 2024/25 and authorize staff to utilize future renewals as awarded by Iowa (DAS), and NASPO Value Point , to be funded by various citywide account numbers in accordance with the adopted fiscal year budgets. BACKGROUND: As part of an ongoing review of City operations, the Procurement Division has identified a viable cooperative purchasing option from NASPO Value Point awarded to Bridgestone Americas Tire Operation, LLC Contract MA#24158, Continental Tire the Americas, LLC Contract MA#24157, and Michelin North America, Inc. Contract MA#24156. The Procurement Division has negotiated an Agreement Authorization with the California Department of General Services as the State of California does not currently have a Participating Agreement in place for use of the NASPO Value Point. Authorization was provided on October 29, 2024, see attached. Page 180 2 7 3 5 Per the City of Rancho Cucamonga's Municipal Code Section 3.08.070, the City may award contracts when the purchase is beneficial to the interest of the City and is from a supplier who has been awarded a specific item or items in a contract from NASPO Value Point, which allows other agencies to utilize the contract at the same prices and terms and conditions. Staff has reviewed the contract and is satisfied that it meets the City's specification requirements. ANALYSIS: Staff recommends the City Council authorize the purchase of Tires, Tubes, and Services for the remainder of the fiscal year from Iowa (DAS), Awarded to Bridgestone Americas Tire Operation, LLC Contract MA#24158, Continental Tire the Americas, LLC Contract MA#24157, and Michelin North America, Inc. Contract MA#24156 and authorize the use of future renewals as awarded by NASPO Value Point, to be funded by various citywide account numbers in accordance with the adopted fiscal year budgets. FISCAL IMPACT: No financial impact is anticipated. The costs associated with this contract are contained in the Fiscal Year 2024/25 Budget. COUNCIL MISSION / VISION / GOAL(S) ADDRESSED: Use of cooperative agreements such as NASPO Value Point supports City Council’s Core Value to intentionally embrace and anticipate the future by effectively managing costs and allowing for more accurate budget planning. ATTACHMENTS: Attachment 1 – Authorization Letter Attachment 2 – Participating Addendum Page 2 Page 181 ATTACHMENT 1 Page 182 Page 1 of 3 Version 2023.06.15 ATTACHMENT 2 Participating Addendum for Tires, Tubes, and Services between City of Rancho Cucamonga and Bridgestone Americas Tire Operations This Participating Addendum is entered into by the City of Rancho Cucamonga (“Participating Entity”) and the following Contractor (each a “Party” and collectively the “Parties”) for the purpose of participating in NASPO ValuePoint Master Agreement Number 24158 executed by Contractor and the State of Iowa (“Lead State”) for Tires, Tubes, and Services (“Master Agreement”): Bridgestone Americas Tire Operations 200 4th Ave South Nashville TN 37201 I. PARTICIPATING ADDENDUM CONTACTS. Contractor’s contact for this Participating Addendum is: Justin Maharaj Business Development Gov & Utility Fleet maharajustin@bfusa.com 678-429-5427 Participating Entity’s contact for this Participating Addendum is: Ruth Cain Procurement Manager Ruth.cain@cityofrc.us 909-774-2500 II. TERM. This Participating Addendum is effective as of the date of the last signature below or July 1, 2024, whichever is later, and will terminate upon termination of the Master Agreement, as amended, unless the Participating Addendum is terminated sooner in accordance with the terms set forth herein. III. PARTICIPATION AND USAGE. This Participating Addendum may be used only by the City of Rancho Cucamonga. Participating Entity has sole authority to determine which entities are eligible to use this Participating Addendum. If Contractor becomes aware that an entity’s use of this Participating Addendum is not authorized, Contractor will notify NASPO ValuePoint to initiate outreach to the appropriate parties. IV. GOVERNING LAW. The construction and effect of this Participating Addendum and any Orders placed hereunder will be governed by, and construed in accordance with, Participating Entity’s laws. V. SCOPE. Except as otherwise stated herein, this Participating Addendum incorporates the scope, pricing, terms, and conditions of the Master Agreement and the rights and obligations set forth therein as applied to Contractor and Participating Entity and Purchasing Entities. a. Products. All products available through the Master Agreement may be offered and sold by Contractor to Purchasing Entities. b. Services. All services available through the Master Agreement may be offered and sold by Contractor to Purchasing Entities. c. Contractor Partners. All subcontractors, dealers, distributors, resellers, and other partners identified on Contractor’s NASPO ValuePoint webpage as authorized to provide Products and Services to Participating Entity may provide Products and Services to users of this Participating Addendum. Contractor will ensure that the participation of Contractor’s subcontractors, dealers, distributors, resellers, and other partners is in accordance with the terms and conditions set forth in the Master Agreement and in this Participating Addendum. Any amendment to the Master Agreement shall be deemed incorporated into this Participating Page 183 Participating Addendum for Tires, Tubes, and Services Between The City of Rancho Cucamonga and Bridgestone Americas Tire Operations, LLC _________________________________________________________________________________________________________________ Page 2 of 3 Version 2023.06.15 5 4 2 9 Addendum unless the amendment is rejected by Participating Entity in writing to Contractor within ten (10) calendar days of the amendment’s effective date and is documented thereafter via written amendment hereto. d. Any conflict between this Participating Addendum and the Master Agreement will be resolved in favor of the Participating Addendum. The terms of this Participating Addendum, including those modifying or adding to the terms of the Master Agreement, apply only to the Parties and shall have no effect on Contractor’s participating addenda with other participating entities or Contractor’s Master Agreement with the Lead State. VI. ORDERS. Purchasing Entities may place orders under this Participating Addendum by referencing the Participating Addendum Number on an Order. Each Order placed under this Participating Addendum is subject to the pricing and terms set forth herein and in the Master Agreement, including applicable discounts, reporting requirements, and payment of administrative fees to NASPO ValuePoint and Participating Entity, if applicable. VII. FEDERAL FUNDING REQUIREMENTS. Orders funded with federal funds may have additional contractual requirements or certifications that must be satisfied at the time the Order is placed or upon delivery. When applicable, a Purchasing Entity will identify in the Order any alternative or additional requirements related to the use of federal funds. By accepting the Order, Contractor agrees to comply with the requirements set forth therein. VIII. NOTICE. Any notice required herein shall be sent to the following: For Contractor: Doug Jacobsen Business Development Gov & Utility Fleet jacobsendouglas@bfusa.com 678-429-5427 For Participating Entity: Ruth Cain Procurement Manager Ruth.cain@cityofrc.us 909-774-2500 IX. SUBMISSION OF PARTICIPATING ADDENDUM TO NASPO VALUEPOINT. Upon execution, Contractor shall promptly email a copy of this Participating Addendum and any amendments hereto to NASPO ValuePoint at pa@naspovaluepoint.org. The Parties acknowledge and agree that the Participating Addendum, as amended, may be published on the NASPO ValuePoint website. SIGNATURE The undersigned for each Party represents and warrants that this Participating Addendum is a valid and legal agreement binding on the Party and enforceable in accordance with the Participating Addendum’s terms and that the undersigned is duly authorized and has legal capacity to execute and deliver this Participating Addendum and bind the Party hereto. Page 184 Participating Addendum for Tires, Tubes, and Services Between The City of Rancho Cucamonga and Bridgestone Americas Tire Operations, LLC _________________________________________________________________________________________________________________ Page 3 of 3 Version 2023.06.15 5 4 2 9 IN WITNESS WHEREOF, the Parties have executed this Participating Addendum. CONTRACTOR: PARTICIPATING ENTITY: __________________________________________ __________________________________________ Signature Signature Doug Jacobsen __________________________________________ Printed Name Printed Name Business Development Gov & Military Fleet __________________________________________ Title Title ___________________________________________ __________________________________________ Date Date Page 185 DATE:March 5, 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:Peter Castro, Deputy City Manager, Administrative Services Jevin Kaye, Finance Director Rick Flinchum, Finance Manager Caroline Cruz-Contreras, Principal Accountant SUBJECT:Consideration of a Two-Year Contract with Lance, Soll & Lunghard, LLP for Professional Auditing Services, with an Option to Renew for an Additional Two Years, Totaling Four Years, for a Total Amount of $511,230. (CITY/FIRE) RECOMMENDATION: Staff recommends the City Council and Fire Board of the Rancho Cucamonga Fire Protection District award and execute a two (2) year contract with Lance, Soll & Lunghard, LLP (LSL) for professional auditing services with the option to renew the contract for two (2) additional years, for a total of five years in the total amount of $511,230. BACKGROUND: The Government Finance Officers Association (GFOA) has long recommended that state and local governmental entities obtain independent audits of their financial statements performed in accordance with the appropriate professional auditing standards. Properly performed audits play a vital role in the public sector by helping to preserve the integrity of the public finance functions and by maintaining citizens confidence in their elected leaders. The City’s contract for professional auditing services expired with the successful delivery of audit reports for the end of fiscal year June 30, 2024. In order to be in line with the GFOA’s Best Practice for Audit Procurement, the City released Request for Proposal (RFP) #24/25-016 for Professional Auditing Services to solicit professional auditing services for qualified audit firms in December 2024. At the conclusion of the process, LSL was selected out of six (6) proposals to continue providing professional auditing services for the City. A two (2) year contract was awarded with the option to renew the contract for two (2) additional years. ANALYSIS: Six proposals were received from qualified audit firms in response to RFP #24/25-016. With guidance from the Procurement Division, a cross-departmental evaluation committee was formed and followed a structured approach to review and evaluate the proposals compared to the mandatory elements and technical qualifications identified in the RFP. The items assessed included: the audit firm’s qualifications and experience; the ability to meet work plan and timelines; quality control; and experience with engagements and other municipal agencies similar Page 186 Page 2 2 7 3 6 to the City. The Procurement Department compiled the ratings and indicated the highest-ranked proposal, in all categories, was from LSL. LSL is a full-service Certified Public Accounting firm located in Brea, California. The firm’s expertise is the performance of financial and compliance audits for all types of government agencies. The proposed engagement partner is Christian Townes, CPA, and Concurring Partner, Ryan Domino, CPA. These members have decades of experience in public auditing and accounting for local government. FISCAL IMPACT: The all-inclusive fee for professional auditing services is $511,230, which is comprised of $248,010 for the two (2) fiscal years ending June 30, 2025 and 2026, and for the two (2) optional fiscal years ending June 30, 2027 and 2028. At this time, City staff is requesting the following additional appropriations for the FY 2024/25 for professional auditing services for the fiscal year ended June 30, 2025: Account Description Account Number Amount General Fund – Non-Departmental F001/CC001/SC2106 $ 28,460 Fire Administration F281/CC501/SC2106 $ 6,070 Housing F001/CC001/SC2106 $ 510 AB 2766 Air Quality Improvement F105/CC501/SC2106 $ 700 LMD #1 – General City F130/CC303/SC2106 $ 130 SLD #2 – Residential F152/CC303/SC2106 $ 130 PD 85 Redemption Fund F848/CC303/SC2106 $ 170 Total Appropriations $ 36,170 Historically, staff has issued the purchase order (P.O.) for professional auditing services during the year to be audited as the interim fieldwork is typically completed prior to the fiscal year end. COUNCIL MISSION / VISION / GOAL(S) ADDRESSED: This item addresses the City Council’s mission to continuously ensure and advance the quality of life for the community through inclusive decision-making through a properly performed accountability audit of the public finance functions. ATTACHMENTS: Attachment 1 – Professional Services Agreement Page 187 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 1 Last Revised: 10/02/13 AGREEMENT FOR PROFESSIONAL SERVICES THIS AGREEMENT is made and entered into this 6th day of March, 2025, by and between the City of Rancho Cucamonga, a municipal corporation (“City”) and Lance, Soll & Lunghard, LLP, a Limited-Liability Partnership (“Consultant”). RECITALS A. City has heretofore issued its request for proposals to perform the following professional services: Professional Auditing Services (“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 professional auditing services for the fiscal years June 30, 2025 and 2026, with options to renew for fiscal years June 30, 2027 and 2028, all as more fully set forth in the Consultant’s proposal, dated January 8, 2025 and entitled “Scope of Work”, 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 City of Rancho Cucamonga CONTRACT NUMBER 2025-025 ATTACHMENT 1 Page 188 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 2 Last Revised: 10/02/13 desired by the City. Consultant agrees that the Scope of Work may be amended based 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 as Exhibit “A”. 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 2 (two) year(s) 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 requirements have been fulfilled. Parties to this Agreement shall have the option to renew in 1 (one) year(s) increments to a total of 2 (two) years, unless sooner terminated as provided in Section 14 herein. Options to renew are contingent upon the City Manager’s approval, subject to pricing review, and in accordance to all Terms and Conditions stated herein unless otherwise provided in writing by the City. 3.Compensation. Page 189 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 3 Last Revised: 10/02/13 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 $511,230 (five hundered eleven thousand, two hundred thirty dollars), including all out of pocket expenses, unless additional compensation is approved by the City Manager or 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. 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 Caroline Cruz-Contreras, Principal Accountant, 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. Page 190 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 4 Last Revised: 10/02/13 5.2 Consultant Representative. For the purposes of this Agreement, Christian Townes, Partner 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. 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 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 Page 191 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 5 Last Revised: 10/02/13 (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 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 Page 192 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 6 Last Revised: 10/02/13 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. 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, Page 193 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 7 Last Revised: 10/02/13 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. 11. Indemnification. 11.1 Professional Services. In the connection with its professional services, the Consultant shall defend, indemnify, and hold the City, and its elected officials, officers, employees, servants, volunteers, and agents serving as independent contractors in the role of City officials, (collectively, “Indemnitees”), free and harmless 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 arise 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 pay 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, and to the maximum extent permitted by law, 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 acts, omissions, activities or operations of Consultant or any of its officers, employees, subcontractors, subconsultants, 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. The indemnification obligation herein shall not in any way be limited by the insurance obligations contained in this Agreement provided, however, that the Contractor shall have no obligation to indemnify for Claims arising out of the sole negligence or willful misconduct of any of the Indemnitees. Page 194 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 8 Last Revised: 10/02/13 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. 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) Professional Liability insurance in a form approved by the City, having, at City’s option, 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 Page 195 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 9 Last Revised: 10/02/13 Consultant’s performance of the Services and otherwise complying with all applicable provisions of this Section 12. The 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. (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) Professional Liability: $1,000,000 per claim/aggregate. (5) The Insurance obligations under this agreement shall be the greater of (i) the Insurance coverages and limits carried by the Contractor; or (ii) the minimum insurance requirements shown in this Agreement. Any insurance proceeds in excess of the specified limits and coverage required which are applicable to a given loss, shall be available to the City. No representation is made that the minimum insurance requirements of this Agreement are sufficient to cover the obligations of the Contractor under this Agreement. 12.4 Deductibles and Self-Insured Retentions. Any deductibles or self- insured retentions must be declared to and approved by the City and shall not reduce the limits of coverage. City reserves the right to obtain a full certified copy of any required insurance policy and endorsements. 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 Page 196 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 10 Last Revised: 10/02/13 City officials 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 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 officials. Any insurance or self- insurance maintained by City, its officers, officials, employees, designated volunteers or agents serving as independent contractors in the role of City officials shall be excess of Consultant’s insurance and shall not contribute with it. (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) Contractor shall provide immediate written notice if (1) any of the required insurance policies is terminated; (2) the limits of any of the required polices are reduced; (3) or the deductible or self insured retention is increased. In the event of any cancellation or reduction in coverage or limits of any insurance, Contractor shall forthwith obtain and submit proof of substitute insurance. Should Contractor fail to immediately procure other insurance, as specified, to substitute for any canceled policy, the City may procure such insurance at Contractor’s sole cost and expense. (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 officials. Page 197 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 11 Last Revised: 10/02/13 (6)Each policy shall 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) Each policy shall 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) Each policy shall 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) Contractor shall provide any and all 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 including (1) Additional Insured Endorsement(s), (2) Worker’s Compensation waiver of subrogation endorsement, and (3) General liability declarations or endorsement page listing all policy endorsements. 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 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. 12.7 Contractor agrees to include in all contracts with all subcontractors performing work pursuant to this Agreement, the same requirements and provisions of this Agreement including the indemnity and insurance requirements to the extent they apply to the scope of any such subcontractor’s work. Contractor shall require its subcontractors to be bound to Contractor and City in the same manner and to the same extent as Contractor is bound to City pursuant to this Agreement, and to require each of its subcontractors to include these same provisions in its contract with any sub- subcontractor. 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. Page 198 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 12 Last Revised: 10/02/13 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 Caroline Cruz-Contreras 10500 Civic Center Drive Rancho Cucamonga, CA 91730 caroline.ccontreras@cityofrc.us If to Consultant: LSL, LLP Christina Townes, Partner 500 Technology Drive Irvine, CA 92618 christian.townes@lslcpas.com 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 Page 199 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 13 Last Revised: 10/02/13 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. CONSULTANT is aware of the requirements of California Labor Code Section 1720, et seq., and 1770, et seq., as well as California Code of Regulations, Title 8, Section 16000, et seq., (“Prevailing Wage Laws”), which require the payment of prevailing wage rates and the performance of other requirements on “public works” and “maintenance” projects. If the Services are being performed as part of an applicable “public works” or “maintenance” project, as defined by the Prevailing Wage Laws, and if the total compensation is $1,000 or more, CONSULTANT agrees to fully comply with such Prevailing Wage Laws. The applicable prevailing wage rate determinations can be found at http://www.dir.ca.gov/dlsr/DPreWageDetermination.htm CONSULTANT shall make copies of the prevailing rates of per diem wages for each craft, classification or type of worker needed to execute the Services available to interested parties upon request, and shall post copies at the Consultant’s principal place of business and at the Project site. CONSULTANT shall defend, indemnify and hold the City, its elected officials, officers, employees and agents free and harmless from any claim or liability arising out of any failure or alleged failure to comply with the Prevailing Wage Laws. 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 Page 200 ____________ Vendor Initials PSA with Professional Liability Insurance (non-design) Page 14 Last Revised: 10/02/13 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 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: LSL, LLP 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) Page 201 PREPARED BY LSL, LLP Certified Public Accountants License Number 2584 TECHNICAL PROPOSAL City of Rancho Cucamonga Professional Audit Services RFP No. #24/25-016 Date of Submission: January 8, 2025 Valid for 90 Days Authorized by: Christian Townes, CPA, Partner Christian.Townes@lslcpas.com 500 Technology Drive Suite 350 Irvine, CA 92618 (949) 829 - 8299 EXHIBIT "A" Page 202 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 1 www.lslcpas.com | 1 TABLE OF CONTENTS TABLE OF CONTENTS ........................................................................................................................... 1 EXECUTIVE SUMMARY .......................................................................................................................... 2 Business License ................................................................................................................................... 2 Authorized Representative .................................................................................................................... 3 EXPERIENCE ........................................................................................................................................... 4 History & Size ........................................................................................................................................ 4 Government Auditing Standards ........................................................................................................... 4 GFOA Award Program .......................................................................................................................... 4 Single Audit Experience ........................................................................................................................ 4 THIRD-PARTY / SUBCONTRACTORS ................................................................................................... 5 STAFF BIOGRAPHIES ............................................................................................................................ 5 Engagement Team Resumes ................................................................................................................ 5 PROPOSAL RESPONSE ......................................................................................................................... 6 License to Practice in California ............................................................................................................ 6 Independence ........................................................................................................................................ 6 Qualifications and Experience ............................................................................................................... 6 Partner, Supervisory and staff qualifications and experience .............................................................. 10 Specific Audit Approach ...................................................................................................................... 13 Level of Staff Assigned and Number of Hours to be Assigned ............................................................ 17 Anticipation Of Potential Audit Problems, Roles & Responsibilities of the City ................................... 20 INSURANCE .......................................................................................................................................... 21 BENEFITS OF WORKING WITH LSL ................................................................................................... 21 Accounting Today Regional Leader .................................................................................................... 21 Our Core Values .................................................................................................................................. 22 Best of Accounting Award ................................................................................................................... 22 APPENDIX A – CURRENT LIST OF MUNICIPAL CLIENTS ................................................................ 23 APPENDIX B – ENGAGEMENT TEAM RESUMES .............................................................................. 26 APPENDIX C – COI EVIDENCE OF COVERAGE ................................................................................. 33 Page 203 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 2 www.lslcpas.com | 2 EXECUTIVE SUMMARY January 8, 2025 Jevin Kaye, Finance Director & Ruth Cain, Procurement Division City of Rancho Cucamonga 10500 Civic Center Drive Rancho Cucamonga, CA 91730 LSL, LLP (“LSL”, “LSL CPAs”) is pleased to present our proposal for audit services, and we value the opportunity to demonstrate our professional qualifications and commitment to excellence to the City of Rancho Cucamonga (“City”). This proposal details our understanding of the scope of work outlined in the City’s RFP (#24/25-016) and showcases our firm’s experience, knowledge, and creative problem-solving capabilities in governmental auditing. With our extensive government experience, we are confident that LSL is the best-qualified accounting firm for the City. We understand that the City of Rancho Cucamonga is seeking a qualified firm to conduct the annual audit of the City‘s financial statements for a contract period of three years, beginning with the fiscal year ending June 30, 2025, through 2027, with the option to extend for two years, extending through 2029. This includes an audit of the City’s financial records and its component units. At LSL, we specialize in high-quality governmental audits aligned with GAAS and current GASB pronouncements including GASB 34. With our extensive experience in local government audits, we prioritize accuracy and thoroughness while ensuring timely report delivery. Our commitment to effective collaboration and transparency with the City ensures the integrity of its financial reporting and compliance with all regulatory requirements. BUSINESS LICENSE LSL affirms that we will obtain and maintain active business licensure with the City of Rancho Cucamonga no later than 5 business days from notification of award prior to being issued a Purchase Order. Page 204 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 3 www.lslcpas.com | 3 AUTHORIZED REPRESENTATIVE Christian Townes is the designated Engagement Partner who will serve as the primary point of contact for this proposal. She is authorized to make representations on behalf of our firm and can be reached by phone at (949) 829-8299 or by email at Christian.Townes@lslcpas.com. Please contact Christian for any clarification or contract negotiations related to this proposal. We affirm that our proposal fully aligns with all terms, conditions, and requirements outlined in the City’s RFP. Our proposal is a firm and irrevocable offer for ninety (90) calendar days following the closing date of the receipt of proposals. We welcome the opportunity to discuss any aspect of our proposal to ensure your complete satisfaction. Sincerely, Christian Townes, CPA, Partner LSL, LLP 500 Technology Drive Suite 350 Irvine, CA 92618 (949) 829 - 8299 Page 205 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 4 www.lslcpas.com | 4 EXPERIENCE HISTORY & SIZE LSL, LLP (“LSL”) is a limited liability partnership and is not a wholly owned subsidiary of a parent company. Headquartered in Irvine, California, LSL was established in 1929 and has grown as a leader in the government sector. We provide auditing, accounting, and consulting services to over 100 municipal clients, including counties, cities, water and electric utility districts, and special-purpose government agencies. Our government sector services encompass a broad range of specialties, including attestation, compliance, consulting, outsourced accounting and reporting, year-end close assistance, interim staffing, strategic planning, and tax services. There have been no litigations against our firm in the past three years. GOVERNMENT AUDITING STANDARDS LSL understands its responsibilities to perform audits and issue opinions on the City’s financial statements as well as its fair presentation. Our financial audits are performed in accordance with the Generally Accepted Government Auditing Standards (GAGAS) issued by the Comptroller General of the United States, and our Single Audits are performed in accordance with the requirements of the Uniform Guidance. We will also evaluate the City's internal control system and provide recommendations for growth and improvement. GFOA AWARD PROGRAM LSL understands the significance of obtaining and maintaining the Certificate of Excellence in Financial Reporting from the GFOA. We have prepared financial statements and footnote disclosures for many of our local government clients who have received this award. Our governmental partners, managers, and seniors are closely involved in the preparation of these reports. Clients currently receiving the GFOA award are noted in Appendix A. SINGLE AUDIT EXPERIENCE Our firm has extensive experience in performing Single Audits for local government agencies under the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, Audit Requirements of Federal Awards (Uniform Guidance), and the United States Office of Management and Budget (OMB). Appendix A also includes a list of government audit clients for which a Single Audit has been performed in the last fiscal year. Additionally, the table on the following page highlights recent examples of federal programs audited by LSL. Page 206 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 5 www.lslcpas.com | 5 THIRD-PARTY / SUBCONTRACTORS LSL will not be subcontracting any portion of the City’s audit. All staff assigned to the audit portion of the engagement will be employed by LSL on a full-time basis and have extensive experience providing auditing services for cities, counties, and special-purpose government agencies. However, LSL does collaborate with a third-party for the preparation of the SCO (State Controller's Office) reports to ensure that the reports are prepared and filed correctly and timely by experts in those reports. STAFF BIOGRAPHIES ENGAGEMENT TEAM RESUMES Team resumes are available in Appendix B, which details the position of each team member in the firm, their educational background, and their years and types of experience. The resumes also provide information on relevant continuing education completed by the team members during the past three years. Proposed team members will be available for ninety (90) days from the proposal due date. LSL will promptly notify the City of any changes in key personnel prior to award. Federal Granting Agency AL #Name of Program U.S. Department of Agriculture 10.557 Special Supplemental Nutrition Program for Women, Infant, and Children U.S. Department of Housing & Urban Development 14.195 Section 8 Housing Assistance Payment Program U.S. Department of Housing & Urban Development 14.218 Community Development Block Grants/Entitlement Grants U.S. Department of Housing & Urban Development 14.228 Community Development Block Grants/State's program and Non-Entitlement Grants in Hawaii U.S. Department of Housing & Urban Development 14.239 HOME Investment Partnerships Program U.S. Department of Housing & Urban Development 14.856 Lower Incom e Housing Assistance Program Section 8 Moderate Rehabilitation U.S. Department of Housing & Urban Development 14.871 Section 8 Housing Choice Vouchers U.S. Department of Transportation 20.106 Airport Improvement Program U.S. Department of Transportation 20.205 Highway Planning and Construction U.S. Department of Transportation 20.507 Federal Transit Formula Grants U.S. Department of Treasury 21.019 Coronavirus Relief Fund (CRF) U.S. Department of Treasury 21.027 Coronavirus State and Local Fiscal Recovery Funds (SLFRF) U.S. Environmental Protection Agency 66.458 Capitalization Grants for Clean Water State Revolving Funds U.S. Department of Health and Human Services 93.563 Child Support Enforcement U.S. Department of Health and Human Services 93.667 Social Services Block Grant U.S. Department of Health and Human Services 93.676 Unaccompanied Alien Children Program U.S. Department of Health and Human Services 93.778 Medical Assistant Program - Medicaid Cluster U.S. Department of Homeland Security 97.036 Disaster Grants- Public Assistance (Presidentially Declared Disasters) U.S. Department of Homeland Security 97.067 Homeland Security Grant Program Page 207 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 6 www.lslcpas.com | 6 PROPOSAL RESPONSE LICENSE TO PRACTICE IN CALIFORNIA LSL is a public accounting firm licensed by the State of California Department of Consumer Affairs as a Public Accounting Partnership. Additionally, we are members of the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants. All key members assigned to this engagement are licensed or are in the process of obtaining their license as Certified Public Accountants by the State of California. INDEPENDENCE LSL meets the independence requirements set forth by the Government Auditing Standards. Our partners have no ownership in any other business organization that currently or will potentially provide services, supplies, materials, or equipment to the City. We annually distribute a listing of our firm's clients to all employees to ensure that any possible independence threats are properly documented and reviewed. QUALIFICATIONS AND EXPERIENCE LSL’s Government Team Resources LSL has a dynamic team of 16 partners and 145 employees. Our governmental staff consists of three (3) Partners, one (1) Director, three (3) Senior Managers, three (3) Managers, five (5) Supervisors, and nineteen (19) Professional Staff. Our educational programs are designed to provide our team members with the knowledge and skills necessary to deliver high-quality services to our clients. We offer a variety of training opportunities, including those provided by CalCPA, AICPA, Government Audit Quality Center, and Government Finance Officers Association (GFOA). Page 208 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 7 www.lslcpas.com | 7 Location Our Offices The Woodlands, TX 21 Waterway Avenue, Suite 30089 The Woodlands, TX 77380 Phone: (936) 828-4587 Sacramento, CA 2151 River Plaza Dr., Suite 150 Sacramento, CA 95833 Phone: (916) 503-9691 LSL’s virtual footprint of our government team spans across the United States. At LSL, we regularly share staff and resources across our offices, providing you with access to our entire governmental team. This approach ensures that you receive the highest level of service and expertise possible, allowing us to deliver optimal results. Continuing Education At LSL, we strongly emphasize professional development and continuing education to ensure that our team members are up to date on the latest developments in governmental accounting and auditing. As a firm policy, all LSL government staff are required to complete a minimum of 40 hours of continuing education every year, with at least 24 hours in governmental accounting and auditing in a two-year period. Current List of Municipal Clients A current list of municipal clients can be found in Appendix A, which includes LSL’s most significant engagements conducted within the last three (3) years that are similar to the engagement described in this request for proposal, including local agencies with 50,000 or more population and $100 million or more in general governmental revenues. Peer Review Our firm has participated in the AICPA Peer Review Program since its inception. All our peer reviews have covered governmental engagements and have received pass ratings. Our most recent peer review conducted by Spafford and Landry CPAs is provided on the following pages. Irvine, CA 500 Technology Dr., Suite 350 Irvine, CA 92618 Phone: (949) 829 - 8299 Page 209 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 8 www.lslcpas.com | 8 Page 210 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 9 www.lslcpas.com | 9 Page 211 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 10 www.lslcpas.com | 10 Desk Review / Disciplinary Action There have been no disciplinary actions against our organization since its inception. Our Single Audit reports are desk reviewed either by the federal cognizant agency or the State Controller’s Office acting as the Oversight Agency. LSL has never had a report rejected by any of these agencies and is highly regarded and recognized by the staff of the State Controller’s Office for top-quality reports. PARTNER, SUPERVISORY AND STAFF QUALIFICATIONS AND EXPERIENCE Organizational Chart Ryan Domino, CPA Concurring Partner 12 years of experience Christian Townes, CPA Engagement Partner 12 years of experience Nielsine Sherk, CPA Sr. Manager 18 years of experience Keili Gonzalez Supervisor 6 years of experience Chloe Zabrek Supervisor 5 years of experience Staff Associate Staff Associate Staff Associate Staff Associate Kelly Telford, CPA Consulting Partner 22 years of experience Page 212 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 11 www.lslcpas.com | 11 Christian Townes, CPA Engagement Partner Christian has dedicated over 12 years to public accounting, with a focus on governmental services and auditing, including federal grant compliance. She has a strong background in navigating the complexities of GASB regulations, ensuring compliance and accuracy in financial processes. Additionally, Christian specializes in Single Audit planning and execution, along with a strategic approach to audit processes. She excels in evaluating and performing Single Audit-specific requirements, including major program determination, audit sampling, and reporting on the compliance of internal controls. As a Partner in LSL’s Government Services, Christian takes the initiative to work closely with her clients, troubleshooting their difficulties and developing the best processes that fit their needs. Ryan Domino, CPA Concurring Partner Ryan Domino has a strong technical focus and specializes in governmental accounting and auditing. He currently serves as a technical reviewer for the Government Finance Officers Association (GFOA) and regularly presents at our firm’s annual GASB Update and at CSMFO’s chapter meetings where he presents and trains on the latest GASB pronouncements. Ryan is an expert on Single Audit planning and execution and holds advanced certification from the AICPA. Ryan provides our clients with a competitive advantage as a member of GFOA’s Special Review Committee for the Award for Excellence in Financial Reporting and able to provide valuable insights and recommendations to help organizations achieve excellence in financial reporting. Quality of Staff Assurance LSL is committed to providing the City with a stable and experienced team that is dedicated to delivering a high-quality audit and exceptional service. We understand the importance of maintaining a strong and reliable team throughout the engagement, and we will work closely with the City to ensure that any staffing changes are handled with minimal disruption to the continuity of the engagement. Staff Continuity To ensure the quality of our staffing, we have established firm policies that prioritize the continuity of engagement teams, except in cases where an employee has left the firm or has been promoted. In the event of any changes in staffing at the Manager position and above, LSL will first seek written permission from the City. Page 213 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 12 www.lslcpas.com | 12 Additional Resources The LSL team is comprised of top talent within the industry with comprehensive experience beyond governmental audit, accounting, and advisory services. When you partner with LSL, you gain access to the experience, knowledge, and resources of our entire team, including our consulting and technology teams. We are committed to helping finance departments thrive by providing the guidance, tools, and services that foster lifelong success for your finance team. We encourage our clients to tap into our full professional team of industry and product experts for your full-service consulting, staffing, and financial report automation solutions. Financial & Compliance Audits Consulting, Staffing & Training Technology & RPA Kelly Telford, CPA Consulting Partner Kelly is a respected leader in public finance and is known for being a change agent and thought leader in organizational strategy. She has developed her expertise in public and local government accounting and auditing, financial forecasting, budget development, public utilities, investment management, grant management, human resources, and information technology. She has taught classes for GFOA and CSMFO and has presented at annual conferences for GFOA, CSMFO and GFOAA. She has previously served as Finance Director for the cities of Costa Mesa and Seal Beach as well as the Los Angeles Community Development Agency. Kelly has a proven track record of helping agencies identify operating inefficiencies assisted in departmental reorganizations, identify internal control challenges, completing year- end close procedures, and serving as an outsourced Finance Director. Her practical recommendations are instrumental in helping our team and our clients achieve a high-quality and efficient audit while providing valuable feedback for organizational improvements. Page 214 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 13 www.lslcpas.com | 13 Gail Gray, CPA Technology Partner Gail is a well-established expert in governmental accounting and finance technology. As a Partner in LSL's Technology Consulting Services, Gail has over 20 years of experience in training, mentoring, and automating finance teams. Gail specializes in process automation consulting, software implementation, customization, and robotic process automation (RPA), leveraging technology and automation for accounting, auditing, and financial reporting. With her extensive background in governmental accounting, Gail uniquely enables LSL to offer top-tier implementation services for government-specific financial management solutions. Gail and her team provide exceptional training and ongoing support, while ensuring that our software partners also uphold high standards and provide high-quality service. Training & Seminars LSL regularly leads training courses and seminars on introductory governmental accounting, financial reporting, internal control risk assessments, and all GASB updates and best practices. These resources are available to our clients for additional information and continued support. These will be opportunities made available through our firm to the City for training or continuing professional education credits on current issues in governmental auditing and accounting. SPECIFIC AUDIT APPROACH Our Understanding of the Scope of Work LSL understands that the City of Rancho Cucamonga is seeking a qualified firm to perform the City’s financial audit and related services, consisting of the following final financial and compliance reports: Audit of City’s Basic Financial Statements Audit of Rancho Cucamonga Fire Protection District Financial Statements Single Audit Audit of the Air Quality Improvement Trust Fund of the City Audit of the Landscape Maintenance District 1, Street Lighting District 2, and Assessment District PD-85 of the City Audit of the Landscape Maintenance Districts 2, 4-R, 6-R, and 7 of the City Audit of the Rancho Cucamonga Housing Successor Agency Agreed-upon procedures on the Gann Limit, Fire District’s Appropriations Limit, and Community Facility District’s 88-1 and 85-1 Appropriation’s Limit ACFR for the City and the Rancho Cucamonga Fire Protection District Page 215 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 14 www.lslcpas.com | 14 Project Management Methodology The LSL team holds itself to a high standard for timely delivery and effective communication of key milestones. We understand the importance of being responsive and communicative with our clients, and we are committed to being available on a day-to-day basis to address any questions or concerns that may arise throughout the engagement. Areas of concern and potential findings will be communicated to the City as soon as they are discovered to mitigate any surprises throughout the audit. At the beginning of the engagement, we will hold a planning meeting with you to determine the timeline, expectations, and desired outcome of the agreement on the issuance of financial statements. Throughout the process, we will have periodic meetings with you to provide updates and discuss progress. Upon award of contract and per the City’s requested timeline, LSL will work closely with the City to develop an audit plan and timeline to ensure compliance and timely deliverables. As part of the Scope of Work and time requirements, we assume that the City will provide all necessary information needed to complete the financial statement and single audits. We will proactively identify and communicate any pending information from the City that could hinder our ability to complete the objectives of the engagement in a timely manner. Proposed Work Plan At LSL, we use a governmental audit program that will be tailored to the City’s operations to accommodate its specific circumstances and organizational structure. LSL’s audit programs are organized by financial statement category, which we believe is the most effective and efficient approach to substantially reduce the risk of omitting important procedures. Our approach is designed to increase audit efficiency by linking financial statement assertions, audit objectives, and procedures that are basic to most governmental audit engagements. Project Schedule LSL assumes under the time requirements that the City will have closed its books and will present the LSL team with general ledger balances that are auditable prior to the start of fieldwork. A sample timeline is provided on the following page displaying the key stages of the audit and the deliverables. Page 216 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 15 www.lslcpas.com | 15 Proposed Segmentation Our audit services will be divided into the three succeeding segments: Segment 1 – Planning and Obtaining an Understanding Segment 2 – Financial Audit Testing Segment 3 – Conclusion Segment 1 – Planning and Obtaining an Understanding LSL will provide an annual audit communication letter, engagement letter, and Government Audit Quality Center Information letter. The audit communication letter is to be provided to the City Council and/or Board of Directors and can be communicated orally to those charged with governance, if requested, where we will discuss planning stages, responsibilities of the City Council and/or Board of Directors, Auditors, and Management, and provide an opportunity to communicate with us as the auditors. Segment 2 Year-end Testing will begin by the end of October or earlier, if possible. Exit Conference will be held on the last day of fieldwork. Entrance Conference will be held before interim begins. Segment 1 Interim Testing will begin in May or earlier, if possible. September - November Segment 3 Draft Audit Letters and Other Reports will be provided to the City no later than November 1st. Final ACFR Report and Approval will be delivered no later than December 1st. Delivery of Financial Statements and Presentation of Financials - LSL will be available as requested to present the results of the financial audit. December August May Page 217 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 16 www.lslcpas.com | 16 An entrance conference will be scheduled prior to the agreed-upon week of interim testing to ensure that the transition to new auditors is as seamless as possible. Discussions in this meeting include, but are not limited to, an understanding of reports and key milestones for deliverables, prior audit reportable conditions and issues, and “Prepared by Client” (PBC) schedules. A trial balance is requested for our planning meeting to assist the LSL team in obtaining knowledge of economic conditions, industry elements, and new standards that may affect the City. We will compile a list of PBC items based on our review of the prior year's financial statements and the gathered information that will be provided to the City one month prior to testing or earlier if requested. We operate on a paperless software system and provide a secured cloud-based portal for all clients. The City will have a separate folder that can be customized to organize, and upload requested schedules, support documents, etc. After interim testing, we will hold an exit meeting to discuss potential weaknesses, if any, and provide feedback for improvements or valuable information gathered from any outside clientele that would benefit the City. Segment 2 – Financial Audit Testing Based on the information gathered thus far, we will utilize a customized audit program based on the risk assessment developed during our assessment of the City’s internal controls and Government Auditing Standards. The primary benefit of a tailored program is a focused set of procedures to address relevant areas. We believe that this approach is both effective and efficient and is critical to compliance with other material laws and regulations. We will annually compile another customized PBC list for the year-end testing provided at least one month prior or earlier if requested. We will request trial balances from the City for our analytical review to be provided one week before testing is scheduled to commence. Year-end testing will include testing of the balance sheet, revenue and expenditures accounts, confirmation of selected balances, analytical procedures, evaluation of the internal controls, and preparation of reports and letters. Segment 3 – Conclusion Based on our year-end exit meeting we will discuss a plan to finalize the financial statements according to the timetable of the City. We will schedule dates for the initial and final drafts including time for LSL’s and the City’s review and approval of the financial statements. This period will also account for review by the engagement partner and Page 218 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 17 www.lslcpas.com | 17 quality assurance partner. After the review and receipt of the signed Representation Letter from the City, LSL will provide a final report by mid-December of each year. LEVEL OF STAFF ASSIGNED AND NUMBER OF HOURS TO BE ASSIGNED Segment/Task Partners Manager Senior Experienced Staff Staff Total City's Financial Audit and ACFR Preparation Interim test work 6 15 30 40 40 131 Year-End test work 0 10 40 80 140 270 Report/Review/Supervision 24 55 80 0 0 159 Subtotal 30 80 150 120 180 560 Fire Protection District Audit and Financial Statements Test work 003 8 819 Report/Review/Supervision 2 3 8 2 0 15 Subtotal 2 3 11 10 8 34 Single Audit Test work 006 0 2026 Report/Review/Supervision 2 5 5 0 2 14 Subtotal 2 5 11 0 22 40 Air Quality Improvement Trust Fund Audit and Financial Statements Test work 002 0 68 Report/Review/Supervision 1 2 2 0 2 7 Subtotal 124 0 815 LMD 1, SLD 2 and PD-85 Audit and Financial Statements Test work 002 0 68 Report/Review/Supervision 1 2 2 0 2 7 Subtotal 124 0 815 LMDs 2, 4-R, 6-R, and 7 Audit and Financial Statements Test work 002 0 68 Report/Review/Supervision 1 2 2 0 2 7 Subtotal 124 0 815 Housing Successor Agency's Compliance Audit Test work 001 0 34 Report/Review/Supervision 1 1 1 0 2 5 Subtotal 112 0 59 City GANN Limit Report Test work 000 0 11 Report/Review/Supervision 0 1 1 0 0 2 Subtotal 011 0 13 Fire District GANN Limit Report Test work 000 0 11 Report/Review/Supervision 0 1 1 0 0 2 Subtotal 011 0 13 CFD 88-1 GANN Limit Report Test work 000 0 11 Report/Review/Supervision 0 1 1 0 0 2 Subtotal 011 0 13 CFD 85-1 GANN Limit Report Test work 000 0 11 Report/Review/Supervision 0 1 1 0 0 2 Subtotal 011 0 13 TOTAL PROPOSED HOURS: 38 99 190 130 243 700 Hours proposed are for 1 major program. Page 219 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 18 www.lslcpas.com | 18 Audit Sampling For tests of controls, we use audit sampling. Tests of controls are procedures directed towards determining the effectiveness of the design or operation of an internal structure policy or procedures. Audit sampling is typically used for tests of controls and compliance that involve the inspection of documents and reports indicating the performance of the applicable policy or procedures and compliance with the applicable laws and regulations. Sample sizes vary based on the population and risk-based calculations. Type And Extent of Analytical Procedures For the audits of the financial statements, we will use analytical procedures as an overall review of the financial information in the preliminary and final stages of the audits. These procedures are designed to assist us in planning our audits and in assessing the propriety of the conclusions reached and evaluating the overall financial statement presentation. The procedures to be utilized consist of determining expectations for changes to significant revenue, expenditure, and balance sheet accounts, reading the financial statements and related notes, reviewing the budget and related material, and focusing on overall relationships within the financial statements. Once determined, these are reviewed to evaluate if the changes appear reasonable or require further analysis. For all significant differences, explanations are obtained as to why the situation occurred and additional substantive procedures may be applied, and related evidence is gathered to resolve concerns and questions. Electronic Data Processing Software & AI Technology LSL is always at the forefront of technology and finding ways to increase efficiency in our audits. Our goal is to effectively streamline the audit process to make the burden of an audit easier on our clients and ease any technical disagreements. Caseware At LSL, we partner with and utilize Caseware to perform our audits and retain electronic workpapers and supporting documentation in a fully cloud-based platform. During our preparation of the ACFR, all financial statements and schedules are linked to Caseware and audit documentation, ensuring accuracy and consistency with City records and eliminating the risk of manual errors. Page 220 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 19 www.lslcpas.com | 19 LSL Caseware Cloud Portal Our web-based portal system provides clients with the ability to securely share information in a user-friendly platform. Integrated with Caseware OnPoint Collaborate, this state-of-the-art tool enhances collaboration in accounting and auditing. It enables direct communication with clients throughout the audit process for feedback exchange and tracks activities such as audit requests, client uploads, and progress. Access to the secure hub can be restricted to relevant individuals. This tool eliminates the necessity of sending sensitive documents via email, enhancing efficiency. Client dashboards are customizable to meet specific needs. Data Extraction & Audit Analytics We believe software is only as effective as those who know how to use it. That's why we train all our staff and incorporate the use of Caseware Analytics AI and IDEA into our audit approach. These two complement each other to create a risk-based transaction analysis tool. We utilize them to scan transaction sets, identify exceptions warranting further investigation, and provide additional assurances to our clients. These tools offer users a high-level summary and reduce time spent in transaction analysis by automatically performing multiple tests on the entire transaction set. They assist in identifying duplicate payments, high-risk journal entries, and developing expectations for analytical procedures used during the audit. Experience With ERP Systems Many of our clients have updated their system software with new Enterprise Resource Planning (ERP) systems over the years. We make ourselves available for questions and recommendations, including assistance with the vendor selection process. Our clients' transition to more sophisticated ERP systems has allowed us to gain a better understanding of each system and its unique capabilities. We often obtain read-only access to our clients’ software and can work directly within the system. This allows us to provide useful observations and recommendations regarding internal controls and facilitates efficient audit test work. Some of the ERP and Property Tax Systems we have extensive experience with include Tyler Technologies (Munis, New World, Eden, Incode), One Solution, Oracle, SAP, Infor, Megabyte, and more. Determining Laws and Regulations Subject to Audit Test Work The Laws and Regulations that will be subject to audit test work are determined by the applicable laws, regulations, contracts, and grant agreements which we identify through the understanding we obtain of the City and our extensive experience with other governmental entities. Page 221 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 20 www.lslcpas.com | 20 Drawing Audit Samples for Compliance The sampling procedures test the operating effectiveness of an internal control structure policy or procedure by determining how the policy or procedure was applied, the consistency with which it was applied during the audit period, and by whom it was applied. We will draw samples for disbursements, receipts, and payroll when applicable. Each document selected will be tested for various attributes that are designed to verify compliance with different aspects of internal controls and applicable laws and regulations. Additionally, each sample item will be tested for coding to the proper accounts and posting to the general ledger. LSL’s Approach to Understanding the City’s Internal Control Structure LSL will perform procedures as required by SAS 122-125 to obtain an understanding of the City and its environment along with assessing the risks of material misstatements in order to gain insight into the internal control structure over the financial statements. Our review will encompass various areas such as financial reporting, cash, revenues and receivables, utility billing, expenses, accounts payable, payroll, capital assets, long-term debt, and grant reporting. We will issue a management letter (SAS 115 Letter) that identifies any significant deficiencies and/or material weaknesses found as required by the Government Auditing Standards. Throughout the year, LSL will conduct interviews with the management of finance and responsible parties of each audit section to understand the processes and controls through observation and discussions. We will also perform sampling transactions as part of a “walk-through” process to verify that the system of control is functioning as per the policies and procedures. Working Paper Retention and Access All working papers and reports will be retained at LSL’s expense for a minimum of seven (7) years unless otherwise notified in writing by the City of the need to extend that retention period. Upon written request, we will make working papers available to parties designated by the City. Furthermore, we will respond to the reasonable inquiries of successor auditors and allow successor auditors to review working papers relating to matters of continuing accounting significance. ANTICIPATION OF POTENTIAL AUDIT PROBLEMS, ROLES & RESPONSIBILITIES OF THE CITY Outside of the complexities that arise with the implementation of GASB pronouncements, LSL does not anticipate any audit problems or conflicts in the performance of the services requested in this RFP. Our approach is to partner with our clients to provide information, training, and the resources necessary to successfully implement any new changes in accounting principles. Page 222 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 21 www.lslcpas.com | 21 As mentioned previously, LSL assumes that the City will provide all necessary information to complete the financial statement and single audits. The LSL assigned to this engagement will help identify and communicate any pending information needed from the City that may hinder the engagement's objectives and timely completion. Additionally, LSL assumes that the City will have closed its books and present auditable general ledger balances. INSURANCE LSL confirms that we will maintain the minimum insurance requirements throughout the entire term of this engagement. We have provided evidence of coverage with the submission of our proposal in Appendix C, and the actual insurance form will be provided upon the award of contract. BENEFITS OF WORKING WITH LSL LSL is a multi-location firm with formidable resources that provides a personal feel and hands- on client experience. ACCOUNTING TODAY REGIONAL LEADER LSL CPAs has again been recognized as an Accounting Today Regional Leader in 2024. The list ranks the top CPA firms that have shown exceptional growth, embraced technology, and who ‘think outside the box’ when providing solutions. Page 223 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 22 www.lslcpas.com | 22 OUR CORE VALUES As we continue to grow and evolve, we recognize our core values needed to grow and change with us. Our values weren’t decided on by management and handed down, every member of the LSL team worked together to share what values matter most to us. From there, we came up with the following five core values that embody how we approach each other, our work, and our clients. BEST OF ACCOUNTING AWARD LSL CPAs delivers high-quality service and has consistently secured the ClearlyRated Best of Accounting award. This exclusive program awards accounting firms who demonstrate high-level service of excellence within the accounting industry and solely leverages statistically validated survey responses from our clients. Page 224 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 23 www.lslcpas.com | 23 APPENDIX A – CURRENT LIST OF MUNICIPAL CLIENTS Page 225 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 24 www.lslcpas.com | 24 Page 226 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 25 www.lslcpas.com | 25 * Rosemead Mr. B. Chua, Director of Finance F, S 5 626-569-2146 * Roseville Mr. D. Kaufman, Assistant City Manager/CFO F, S 2 916-774-5314 * San Bernardino Municipal Water Dept. Ms. C. Mouser, Director of Finance F, S, U 4 909-453-6010 * San Clemente Mr. J. Rahn, Finance Director F, S 5 949-361-8360 * San Joaquin Council of Governments Ms. G. Orosco, Manager of Finance F, S 4 209-235-0454 * San Juan Capistrano Mr. K. Al-Imam, Chief Financial Officer F, S 2 949-443-6301 * San Marino Mr. M. Siegfried, Controller F 29 626-300-0700 * Santa Clarita Valley Water Agency Ms. A. Aguer, Controller F, U 4 661-513-1237 * Santa Monica Mr. S. Gomez, Financial Operations Manager F, S 7 310-458-8281 Shafter Mr. R. Sanchez, Administrative Services Director F, S 2 661-746-5043 Sonoma County Fair & Exposition, Inc. Mr. M. Margetts, Fair Financial Officer F 5 707-573-9342 Sutter County Mr. N. Black, Auditor-Controller F, S 4 530-822-7439 * Three Valleys Water District Mr. J. Velasquez, Chief Financial Officer F, U 15 909-621-5568 * United Water Conservation District Mr. B. Zahn, Chief Financial Officer F, S, U 1 805-695-3870 * Vacaville Mr. K. Matsumiya, Director of Finance F, S 3 707-449-5688 * Vallejo Ms. F. Cruz, Assistant Director, Finance F, S 4 707-648-5542 * West Sacramento Ms. B. Robertson, Finance Manager F, S 1 916-617-4584 * Yolo County Mr. T. Haynes, Chief Financial Officer F, S 4 530-666-8050 * Yorba Linda Water District Ms. D. Lugo, Finance Manager F 2 714-701-3040 S - Single Audit I - Internal Audit C - Consulting U - Utility Agency * Participated in the GFOA Award Programs and has received or anticipates receiving outstanding awards Service Codes: F - Financial Audit Page 227 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 26 www.lslcpas.com | 26 APPENDIX B – ENGAGEMENT TEAM RESUMES Page 228 Christian Townes, CPA ENGAGEMENT PARTNER ACHIEVEMENTS With over 12 years of experience in public accounting, Christian brings a strong focus on governmental services and auditing, including federal grant compliance. She has a strong background in navigating the complexities of GASB regulations, ensuring compliance and accuracy in financial processes. Additionally, she specializes in Single Audit planning and execution and excels in evaluating requirements, including major program determination, audit sampling, and internal control compliance. CONTINUING EDUCATION As a firm policy, all LSL government staff are required to complete a minimum of 40 hours of continuing education every year, with at least 24 hours in governmental accounting and auditing in a two-year period. Christian meets the requirements for Government Auditing Standards in governmental CPE. EXPERIENCE She has performed all phases of our government audits, including special districts, ACFR audits, and Single Audits. Her work has entailed: •Assisting in the preparation of the Annual Comprehensive Financial Report •Performing analytical and substantive audit procedures on account balances •Planning the nature, timing, and extent of procedures involved in the audit process audits in accordance with the provisions of Government Auditing Standards and the provisions of the Single Audit Act and the Uniform Guidance •Assisting clients with the preparation and review of GASB related journal entries, including implementation of GASB 87 and 96. MEMBERSHIPS AICPA, GFOA, CSMFO EDUCATION Bachelor of Science in Accounting with a minor in Economics – The College at Brockport, State University of New York A.S. in Business Administration – Genesee Community College LICENSE Certified Public Accountant New York ENGAGEMENTS Bay Area Clean Water Agencies City of Citrus Heights City of Diamond Bar City of Dixon City of Escalon, TDA City of Galt City of Lathrop, TDA City of Lodi, TDA City of Ripon, TDA City of Shafter City of Stockton, TDA City of Tracy, TDA City of Vacaville City of Vallejo County of Sutter DSRSD-EBMUD Recycled Water Authority East Bay Municipal Utility District Freeport Regional Water Project Monterey One Water San Joaquin COG San Joaquin Rail Commission, TDA San Joaquin Transit District, TDA San Joaquin County, TDA Santa Clarita Valley Water Agency Sutter County Upper Mokelumne River Watershed Authority City of Rancho Cucamonga Professional Audit Services www.lslcpas.com | 27 Page 229 Ryan Domino, CPA CONCURRING PARTNER ACHIEVEMENTS Ryan currently serves as a technical reviewer for the Government Finance Officers Association (GFOA), and has been a presenter for CSMFO’s annual conference and various chapter meetings. He has been involved with teaching current audit and accounting-related material at LSL’s in-house training seminars, and annual GASB Update. CONTINUING EDUCATION As a firm policy, all LSL government staff are required to complete a minimum of 40 hours of continuing education every year, with at least 24 hours in governmental accounting and auditing in a two-year period. Ryan meets the requirements for Government Auditing Standards in governmental CPE. EXPERIENCE Ryan has over 11 years of experience in governmental auditing including financial statement audits, preparation of Annual Comprehensive Financial Reports, Housing Successor compliance audits, TDA compliance audits, Single Audits, Federal Student Financial Aid audits, and various consulting and agreed-upon procedures projects. Ryan is one of the firm’s leaders in ensuring audit quality control and Government Practice training for staff. He is a regular presenter at the firm’s annual GASB Update where he has presented training to our clients on the latest GASB pronouncements and has been a presenter for CSMFO’s chapter meetings and the annual CSFMO Conference. Some of his presentations have covered: •General auditing in accordance with GAGAS •Accounting for capital assets •GASB Statement Nos. 89, 90, 91, 94, 100, 101, and 102 •Fraud risks and internal controls MEMBERSHIPS AICPA, CalCPA, CSMFO, GFOA, GFOAT EDUCATION Bachelor of Arts Degree in Business Administration, with an emphasis in Accounting – California State University, Fullerton LICENSES Certified Public Accountant California Texas AUDIT ENGAGEMENTS City of Agoura Hills, CA City of Big Bear Lake, CA City of Brea, CA City of Burbank, CA City of Carlsbad, CA City of Cathedral City, CA City of Chino Hills, CA City of Dana Point, CA City of Kress, TX City of La Quinta, CA City of Lompoc, CA City of Monrovia, CA City of Moorpark, CA City of Oceanside, CA City of Orange, CA City of Palm Desert, CA City of Rialto, CA City of Rosemead, CA City of San Clemente, CA City of San Juan Capistrano, CA City of Santa Monica, CA Monterey Peninsula Airport District Orange County Water District Orchard Dale Water District Rainbow Municipal Water District San Bernardino Muni. Water Dept. Three Valleys Muni. Water District United Water Conservation District Yorba Linda Water District City of Rancho Cucamonga Professional Audit Services www.lslcpas.com | 28 Page 230 Kelly A. Telford, CPA CONSULTING PARTNER ACHIEVEMENTS Kelly has developed her expertise in accounting and auditing, financial forecasting, budget development, public utilities, investment management, grant management, human resources, and information technology. She has taught classes for GFOA and has presented at annual conferences for CSMFO and GFOA. She is a respected leader in public finance and is known for being a change agent and thought leader in organizational strategy. CONTINUING EDUCATION As a firm policy, all LSL government staff are required to complete a minimum of 40 hours of continuing education every year, with at least 24 hours in governmental accounting and auditing in a two-year period. Kelly meets the requirements for Government Auditing Standards in governmental CPE. EXPERIENCE Kelly has over 20 years of experience working both in and with government agencies including counties, cities, successor agencies, special districts, and Native American tribes and tribal casinos. She served as a Director of Finance/City Treasurer for the cities of Seal Beach and Costa Mesa and has served as the Director of Financial Management for the Los Angeles County Community Development Agency. She has also been an auditor and consultant for 14 years specializing in the audits of government agencies. Her work has entailed: Implementation of month-end and year-end close procedures, and preparation of the ACFR submissions for the GFOA award Implementation of new ERP systems, including PeopleSoft, Incode and QuickBooks. Audit review and technical assistance to deliver the most up-to- date information with current GASB pronouncements Presentations to City Councils, Board of Supervisors, Boards of Directors, and Audit Committees Technical reviewer for the Government Finance Officers Association (GFOA) Certificate of Excellence in Financial Reporting and the Distinguished Budget Presentation Award Program Serves on the CSMFO Professional Standards Committee MEMBERSHIPS AICPA, CalCPA, CSMFO, GFOA, TML (Texas Municipal League), GFOA-T (GFOA of Texas) EDUCATION Bachelor of Arts, Accounting – California State University, Fullerton LICENSE Certified Public Accountant: California Texas CONSULTING ENGAGEMENTS City of Manteca, CA City of Marfa, TX City of Moses Lake, WA City of Rancho Cucamonga, CA City of Redondo Beach, CA City of Tustin, CA City of Winters, CA County of Hidalgo, TX County of San Bernardino, CA Georgetown Divide Public Utilities District, CA Pomona Valley Transportation Authority, CA Puente Hills Habitat Preservation Authority, CA Yolo County Public Agency Risk Management Insurance Auth., CA AUDIT ENGAGEMENTS City of Barstow City of Downey City of Inglewood City of Irwindale City of Lake Elsinore City of Manhattan Beach City of Palm Desert City of Redondo Beach City of Shafter Mesa Water District Ontario International Airport Auth. City of Rancho Cucamonga Professional Audit Services www.lslcpas.com | 29 Page 231 Keili Gonzalez SUPERVISOR ACHIEVEMENTS Keili has earned the AICPA Intermediate Single Audit certificate and holds an extensive background in demonstrating her ability to perform single audits in accordance with the requirements of the Uniform Guidance. She brings with her extensive experience, knowledge, and application of GAAP, Auditing Standards (GAS & GAAS), and the principles of internal accounting `controls as it relates to client-specific matters. CONTINUING EDUCATION As a firm policy, all LSL government staff are required to complete a minimum of 40 hours of continuing education every year, with at least 24 hours in governmental accounting and auditing in a two-year period. Keili meets the requirements for Government Auditing Standards in governmental CPE. EXPERIENCE During her time with the firm, Keili has performed and supervised all phases of our government audits, including ACFR audits, successor agency audits, and Single Audits. Her work has entailed: •Assisting in the preparation of the Annual Comprehensive Financial Report (ACFR) •Performing analytical and substantive audit procedures on account balances •Planning the nature, timing and extent of procedures involved in the audit process •Assisting clients with the preparation and review of GASB 68 and 75 journal entries •Review of capital asset, debt service, federal and state award schedules EDUCATION Bachelor of Science in Business Administration, Accounting – California State Fullerton LICENSE CPA In Progress AICPA Intermediate Single Audit Certificate ENGAGEMENTS City of Big Bear lake City of Chino Hills City of Downey City of Fullerton City of Grand Terrace City of Inglewood City of Lompoc City of Manhattan Beach City of Moorpark City of Orange City of Pasadena City of Pomona City of Rancho Cucamonga City of Riverside City of Rosemead City of San Juan Capistrano City of Santa Monica City of Shafter City of Vallejo Coachella Valley Water District County of Sutter County of Yolo East Bay Municipal Utility District Easter Municipal Water District Jurupa Community Services District Ontario International Airport Orchard Dale Water District San Bernardino Municipal Water District San Joaquin County of Governments Santa Clarita Valley Water Agency Southeast Animal Control Authority City of Rancho Cucamonga Professional Audit Services www.lslcpas.com | 30 Page 232 Nielsine Sherk, CPA SENIOR MANAGER ACHIEVEMENTS Nielsine has worked on a variety of clients to help them meet their financial reporting requirements. She brings her experience in financial audits, ACFR and financial statement preparation, plus in- depth knowledge of GASB implementation consulting. CONTINUING EDUCATION 208 total hours over the last three years, 145 of which were in governmental accounting and auditing subjects. Nielsine meets the requirements of governmental CPE Government Auditing Standards. EXPERIENCE Nielsine has performed all phases of our government audits and worked on a variety of governments, including state, cities, counties, and special districts for their financial statement audits. Her work has entailed: •Planning the nature, timing, and extent of procedures involved in the audit process audits in accordance with the provisions of Government Auditing Standards •Performing analytical and substantive audit procedures on account balances •Assisting in the preparation of the Annual Comprehensive Financial Report •Providing technical reviews of audit engagements to ensure compliance. EDUCATION Bachelor of Science, Accounting – University of Nevada, Reno LICENSE Certified Public Accountant – Nevada, 2015 ENGAGEMENTS City of San Marino, CA City of Burbank, CA City of Napa, CA Placer County, CA State of Nevada NV Self Insurance Trust Fund NV Prepaid Tuition Trust Fund South Coast Air Quality Municipal District, CA Washington State University City of Rancho Cucamonga Professional Audit Services www.lslcpas.com | 31 Page 233 Chloe Zabrek SUPERVISOR ACHIEVEMENTS Chloe is a skilled and dedicated senior auditor with a comprehensive understanding of all audit procedures and the ability to identify and resolve complex issues. As an experienced auditor, Chloe plays a crucial role in ensuring accuracy and compliance with both regulatory and professional standards, while focusing on the quality and effectiveness of the audit engagement. CONTINUING EDUCATION 120 total hours over the last three years, 100 of which were in governmental accounting and auditing subjects. Chloe meets the requirements of governmental CPE Government Auditing Standards. EXPERIENCE With 5 years of experience in governmental auditing, Chloe has honed her expertise in all phases of government audits, including ACFR audits, housing authority audits, Transportation Development Act audits, Air Pollution Districts, State department audit, and Single Audits. Her work has entailed: •Assisting in the preparation of the Annual Comprehensive Financial Report (ACFR) •Performing analytical and substantive audit procedures on account balances •Planning the nature, timing and extent of procedures involved in the audit process •Assisting clients with the preparation and review of GASB 68, 75, 87, and 96 journal entries •Review of capital asset, debt service, federal and state award schedules EDUCATION Bachelor of Arts in Business Administration with an emphasis in Accounting – Seattle University Master of Professional Accountancy – University of California, Davis LICENSE CPA: In-Progress ENGAGEMENTS County of Butte County of El Dorado City of Diamond Bar City of Rancho Cucamonga City of Redondo Beach City of Roseville City of San Juan Capistrano City of Vallejo South Coast Air Quality District Engagements at CLA County of Butte County of Calaveras County of El Dorado County of Glenn County of Humboldt County of Kern County of Lake County of Mendocino County of Monterey County of Placer County of San Bernadino County of San Joaquin County of San Luis Obispo County of Shasta County of Stanislaus County of Tehama County of Trinity County of Yuba City of Benicia City of Porterville City of Redding California Housing Finance Agency California Infrastructure and Economic Development Bank California Cannabis Authority Eastern Sierra Transit Authority Sacramento Law Library San Luis Obispo APCD City of Rancho Cucamonga Professional Audit Services www.lslcpas.com | 32 Page 234 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 33 www.lslcpas.com | 33 APPENDIX C – COI EVIDENCE OF COVERAGE Page 235 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 34 www.lslcpas.com | 34 Page 236 City of Rancho Cucamonga; RFP # #24/25-016 Professional Audit Services 35 www.lslcpas.com | 35 Page 237 2 Thank you! Page 238 DATE:March 5, 2025 TO:President and Members of the Board of Directors FROM:John R. Gillison, City Manager INITIATED BY:Mike McCliman, Fire Chief Ty Harris, Deputy Fire Chief Darci Vogel, Fire Business Manager SUBJECT:Consideration to Accept the Fire Station 178 Facility, File a Partial Notice of Completion, and Partial Release of Retention. (FIRE) RECOMMENDATIONS: Staff recommends the City Council / Fire Board: 1. Accept Fire Station 178 facility at 10595 Town Center Drive, Contract CO FD 2021-011, as complete; and 2. Authorize the Fire Chief to file a partial Notice of Completion and partial release the retention in the amount of $400,335.34, 35 days after acceptance. The net amount of retention to be released shall be reduced by any stop notices, back charges, credits, liens, and/or assessments that have already been received by the Fire District or are received within 35 days of acceptance of the fire station facility, until resolution of those actions. BACKGROUND: On February 17, 2016, the Fire Board approved the purchase of 3.8 acres of property located at the corner of Town Center Drive and Terra Vista Parkway for future Fire Station 178. This property is centrally located in an area of the City planned for high-density residential and large- scale office building developments. This strategic location will help maximize existing resources to better serve the central community while providing for system wide draw-down and corresponding demands for service. On August 5, 2020, the Fire Board approved a contract amendment with Mary McGrath Architects for Conceptual Design Build services of the new Fire Station 178. The conceptual design for the station is a 12,176 square foot, two-story fire station that will house three (3) on-duty firefighters 24 hours per day. The station is designed to accommodate up to seven (7) on-duty personnel in order to address potential future changes in response and staffing needs. On September 1, 2021, the Fire Board awarded contract FD 2021-011 to AMG & Associates, Inc. for design-build of Fire Station 178, to include both Additive Alternate No. 1 (Records Storage Building) and No. 2 (Solar/Battery Storage System). The total contract awarded was $16,389,052 (including an allowance of $630,348 for design-build and additive alternates) and an additional project contingency of $945,522 (totaling 10% for allowances and contingency). Construction of Fire Station 178 utilizes the design-build process, the first time for both the City and the District. This progressive process involves a general contractor and licensed architect partnering to form a design-build team and then working collaboratively under a single contract to provide design Page 239 Page 2 2 7 2 5 and construction services. This process allows for a unified flow of work, greater flexibility in awarding a contract, higher quality work, and greater cost certainty with fewer change orders and delays. During a study session on September 1, 2021, the Fire Board also considered options for construction of a 9/11 Memorial using steel remnants obtained from the South Tower of the World Trade Center. During the study session, the Fire Board directed staff to move forward with incorporating the 9/11 Memorial at the Fire Station 178 site. The Fire Board authorized a total of $1,000,000 in funding, split $700,000 for the Fire District and $300,000 for the CIty. On October 20, 2021, Mary McGrath Architects’ contract for Conceptual Design Build services of Fire Station 178 was amended to include the design and layout of the 9/11 Memorial, as well as creation of the Basis of Design documents and coordination with the Design-Build contractor’s team. The Basis of Design documents were prepared at a concept level of design and included written performance requirements. The intent of these documents was to allow AMG & Associates’ team to provide a high‐level order of magnitude cost proposal for the park addition and ultimately, complete the construction documents and construct the 9/11 Memorial. The Basis of Design documents were provided to AMG & Associates’ team in May 2022 for review and pricing. However, due to the intricacies of the project and the various elements included in the design, pricing was difficult to determine due to the design having only been prepared at the concept level. The initial pricing was received in July 2022; however, construction numbers came in higher than expected due to rising construction costs and a number of unknowns with the project. District staff worked with AMG & Associates and Mary McGrath Architects to identify options for value engineering in order to reduce costs. Ultimately, it was determined that the best way to get accurate, competitive pricing for the project was to move forward with schematic design, design development, and completion of construction documents. On November 2, 2022, AMG & Associates, Inc. contract for design-build of Fire Station 178 was amended to include preconstruction services for the 9/11 Memorial. The change order included schematic design, design development, and completion of construction documents for the 9/11 Memorial. Once preconstruction services were complete, the Fire Board would be able to determine if and when to proceed with the next phase of the 9/11 Memorial. During this time, the Fire District and City began exploring funding mechanisms for the 9/11 Memorial, including the community fundraising campaign “$8 to Station 178” and State Earmark Requests. In January 2023, the City submitted a State Earmark Request to Assembly Majority Leader Emeritus Eloise Gomez Reyes for $3.2 million for the 9/11 Memorial. The State approved the funding request and distributed it as a grant, administered by the California Natural Resources Agency. On February 6, 2024, the Fire Board / City Council approved a resolution accepting the grant funds, authorizing submittal of the required project information package, and authorizing the Fire Chief to execute and submit all project forms, agreements, and payment requests. On May 20, 2024, the 9/11 Memorial Grant Agreement was executed, thus providing the funding necessary to move forward with the 9/11 Memorial at Fire Station 178. In addition, the Fire Board’s prior authorization of $1,000,000 in funding and community fundraising of approximately $88,740, have established a total budget of $4,288,740 for the 9/11 Memorial. This budget includes any associated expenses, including preconstruction, construction, project management, third party consultants, project contingency, etc. Page 240 Page 3 2 7 2 5 On June 5, 2024, AMG & Associates, Inc. contract was amended to include construction of the 9/11 Memorial at Fire Station 178. The change order was in the amount of $3,182,141, plus an Additive Alternate for concrete walkways in the amount of $188,555, for a total cost proposal of $3,370,696. ANALYSIS: On May 25, 2024, Fire personnel moved into Fire Station 178 in order to begin providing needed services to the community. AMG and Associates, Inc. continued to work on project completion and punch list items, including landscaping, lighting, solar/battery storage system, and the 9/11 Memorial. Fire Station 178 has been completed in accordance with the approved plans and specifications, as well as to the satisfaction of the Fire Chief. However, while the fire station portion of the project is complete, the 9/11 Memorial is still under construction with an estimated completion in Spring 2025. Consequently, staff recommends that the Fire Board accept only the fire station facility as complete, authorize the Fire Chief to file a partial Notice of Completion, and partial release of the retention for the fire station facility in the amount of $400,335.34, 35 days after acceptance of the fire station facility. The net amount of retention to be released shall be reduced by any stop notices, back charges, credits, liens, and/or assessments that have already been received by the Fire District or are received within 35 days of acceptance of the fire station facility until resolution. There is an on-going stop notice enforcement action by Main Electric Supply Company, seeking payment for an alleged principal amount of $114,916.89; the Fire District is obligated to withhold 125% of that principal amount until the resolution of that pending action. Final project close out, acceptance, release of the remaining retention, and release of bonds will take place once the 9/11 Memorial portion of the project is complete. FISCAL IMPACT: The total project cost will be finalized upon completion of the 9/11 Memorial and final project closeout. Adequate funds are budgeted for the project in the Fire Capital Fund (F288), City Capital Reserve Fund (F025), and State Grant Fund (F274). Unused project funds will return to fund balance. COUNCIL MISSION / VISION / GOAL(S) ADDRESSED: The completion of Fire Station 178 will promote a safe and healthy community for all by enhancing the delivery of vital life safety services and ensuring efficient response times to residents, visitors, and businesses. ATTACHMENTS: Attachment 1 - Notice of Completion (Partial) Page 241 RECORDING REQUESTED BY: RANCHO CUCAMONGA FIRE PROTECTION DISTRICT P. O. Box 807 Rancho Cucamonga, California 91729 WHEN RECORDED MAIL TO: CITY CLERK CITY OF RANCHO CUCAMONGA On Behalf Of: Rancho Cucamonga Fire Protection District P. O. Box 807 Rancho Cucamonga, California 91729 Exempt from recording fees pursuant to Govt. Cod. Sec. 27383 NOTICE OF COMPLETION (PARTIAL) NOTICE IS HEREBY GIVEN THAT: 1. The undersigned is an owner of an interest or estate in the hereinafter described real property, the nature of which interest or estate is: All public rights-of-way within the boundaries of Contract No. CO FD 2021-011 2. The full name and address of the undersigned owner is: RANCHO CUCAMONGA FIRE PROTECTION DISTRICT, 10500 CIVIC CENTER DRIVE, P. O. BOX 807, RANCHO CUCAMONGA, CALIFORNIA 91730. 3. On March 5, 2025, there was completed in the hereinafter described real property the work of improvement set forth in the contract documents for: Contract No. CO FD 2021-011 Fire Station 178 (except for 9/11 Memorial) 4. The name of the original contractor for the work of improvement as a whole was: AMG and Associates, Inc. 5. The real property referred to herein is situated in the City of Rancho Cucamonga, County of San Bernardino, California, and is described as follows: 10595 Town Center Drive, Fire Station 178 RANCHO CUCAMONGA FIRE PROTECTION DISTRICT, a Special District, Owner I hereby certify under penalty of perjury that the foregoing is true and correct. DATE Executed in the City of Rancho Cucamonga, California Mike McCliman Fire Chief, Rancho Cucamonga Fire Protection District ATTACHMENT 1 Page 242 DATE:March 5, 2025 TO:Mayor and Members of the City Council FROM:John R. Gillison, City Manager INITIATED BY:Jevin Kaye, Finance Director Rick Flinchum, Finance Manager Kelly Guerra, Special Districts Analyst SUBJECT:Consideration to Approve and Adopt Resolutions Certifying the Results of Elections and Adding Annexation Nos. 2025-1, 2025-2, 2025-3, 2025-4, and 2025-5 to Community Facilities District No. 2022-01 (Street Lighting Services) of the City of Rancho Cucamonga. (RESOLUTION NOS. 2025-004 to 2025-008) (CITY) RECOMMENDATION: It is recommended that the City Council approve and adopt the Resolutions Certifying the Results of Elections and Adding Annexations Nos. 2025-1, 2025-2, 2025-3, 2025-4, and 2025-5 to Community Facilities District No. 2022-01. BACKGROUND: The City Council approved Resolution No. 2022-063 (the “Resolution Authorizing Future Annexation”) authorizing the future annexation of territory to Community Facilities District No. 2022-01 (Street Lighting Services) (the “CFD 2022-01”) to provide maintenance and services to streetlights, traffic signals, and appurtenant facilities for new development. The City conditions property owners to annex such properties into the existing CFD 2022-01 to fund street light service and maintenance. In January 2025, the Property Owners signed an Annexation Proceeding Deposit Agreement to initiate the annexation process. ANALYSIS: In February 2025, the Property Owners submitted their Consent and Waivers and their Official Ballots, one for each annexation, to the City Clerk’s Office Election Official. The Election Official has canvassed the ballots and completed the statement of votes cast (See Exhibit “A” of their respective Resolution). The Property Owners cast their vote unanimously in favor of the special tax levy for CFD 2022-01. Adoption of the Resolutions constitutes the City Council’s formal action certifying the election results and adding the Annexation Territories to CFD 2022-01 and directs the recordation of an amendment to the existing Notice of Special Tax Lien. By recordation of this amendment, prospective purchasers of the property within the Annexation Territories will have notice of the special tax obligation affecting such properties. A map showing the property is included in their respective Resolution. Page 243 Page 2 2 7 3 0 FISCAL IMPACT: CFD 2022-01 was formed to be financially self-sufficient, meaning the revenues generated by the District offset the costs of providing services and can be adjusted annually based on changes in the overall operating costs of streetlights. COUNCIL MISSION / VISION / VALUE(S) ADDRESSED: This item addresses the City Council’s core value of intentionally embracing and anticipating our future by ensuring that new development is fiscally sustainable. ATTACHMENTS: Attachment 1 – Resolution Certifying the Results of an Election and Adding Annexation 2025-1 Attachment 2 – Resolution Certifying the Results of an Election and Adding Annexation 2025-2 Attachment 3 – Resolution Certifying the Results of an Election and Adding Annexation 2025-3 Attachment 4 – Resolution Certifying the Results of an Election and Adding Annexation 2025-4 Attachment 5 – Resolution Certifying the Results of an Election and Adding Annexation 2025-5 Page 244 Resolution 2025-XXX Page 1 of 3 ATTACHMENT 1 RESOLUTION NO. 2025-XXX RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, CERTIFYING THE RESULTS OF AN ELECTION AND ADDING TERRITORY TO COMMUNITY FACILITIES DISTRICT NO. 2022-01 (STREET LIGHTING SERVICES) OF THE CITY OF RANCHO CUCAMONGA, ANNEXATION NO. 2025-1. WHEREAS, the City Council of the City of Rancho Cucamonga, California (the “City Council”) has previously formed Community Facilities District No. 2022-01 (Street Lighting Services) of the City of Rancho Cucamonga (“CFD No. 2022-01”) pursuant to the Mello-Roos Community Facilities Act of 1982 (the “Act”), as amended, for the purpose of financing certain municipal maintenance services; and WHEREAS, acting pursuant to the Act, the City Council also authorized by the adoption of Resolution No. 2022-063 (the “Resolution Authorizing Future Annexation”) the annexation in the future of territory to CFD No. 2022-01, such territory designated as Future Annexation Area, Community Facilities District No. 2022-01 (the “Future Annexation Area”); and WHEREAS, at this time the unanimous consent to the annexation of certain territory located within the Future Annexation Area to CFD No. 2022-01 has been received from the property owner of such territory, and such territory has been designated as ANNEXATION NO. 2025-1 (the "Territory"); and WHEREAS, less than twelve (12) registered voters have resided within the Territory for each of the ninety (90) days preceding the election date established for the Territory, therefore, pursuant to the Act the qualified elector of the Territory shall be the "landowner," as such term is defined in Government Code Section 53317(f), of such Territory and such landowner who is the owner of record as of the applicable election date, or the authorized representative thereof, shall have one vote for each acre or portion of an acre of the parcel of land that landowner owns within such Territory; and WHEREAS, the time limit specified by the Act for conducting an election to submit the levy of the special taxes on the Territory to the qualified elector thereof and the requirements for impartial analysis and ballot arguments have been waived with the unanimous consent of the qualified elector of the Territory; and WHEREAS, the City Clerk of the City of Rancho Cucamonga has caused a ballot to be distributed to the qualified elector of the Territory, has received and canvassed such ballot and made a report to the City Council regarding the results of such canvass, a copy of which is attached as Exhibit “A” hereto and incorporated herein by this reference; and Page 245 Resolution 2025-XXX Page 2 of 3 5 4 0 6 WHEREAS, at this time the measure voted upon and such measure did receive the favorable vote of the qualified elector of the Territory, and the City Council desires to declare the results of the election; and WHEREAS, a map showing the Territory and designated as Annexation Map No. 2025-1 (the "Annexation Map"), a copy of which is attached as Exhibit “B” hereto and incorporated herein by this reference, has been submitted to this legislative body. NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of Rancho Cucamonga, California, acting as the legislative body of Community Facilities District No. 2022-01, as follows: Section 1. Recitals. The above recitals are true and correct. Section 2. Findings. This legislative body does hereby further determine as follows: A. The unanimous consent as described in the recitals hereto to the annexation of the Territory to CFD No. 2022-01 has been given by the owner of the Territory and such consent shall be kept on file in the Office of the City Clerk of the City of Rancho Cucamonga. B. Less than twelve (12) registered voters have resided within the Territory for each of the ninety (90) days preceding the election date established for the each of the parcels located within the Territory, therefore, pursuant to the Act the qualified elector for the Territory shall be the "landowner" of the Territory as such term is defined in Government Code Section 53317(f). C. The qualified elector of the Territory has voted in favor of the levy of special taxes on the Territory upon its annexation to CFD No. 2022-01. Section 3. Territory. The boundaries and parcels of property within the Territory and on which special taxes will be levied in order to pay for the costs and expenses of authorized municipal maintenance services are shown on the Annexation Map as submitted to and hereby approved by this legislative body. Section 4. Declaration of Annexation. This legislative body does hereby determine and declare that the Territory, and each parcel therein, is now added to and becomes a part of CFD No. 2022-01. The City Council, acting as the legislative body of CFD No. 2022-01, is hereby empowered to levy the authorized special tax within the Territory. Section 5. Notice. Immediately upon adoption of this Resolution, notice shall be given as follows: Page 246 Resolution 2025-XXX Page 3 of 3 5 4 0 6 A. A copy of the Annexation Map as approved shall be filed in the Office of the County Recorder no later than fifteen (15) days after the date of adoption of this Resolution. B. An Amendment to the Notice of Special Tax Lien (Notice of Annexation) shall be recorded in the Office of the County Recorder no later than fifteen (15) days after the date of adoption of this Resolution. Section 6. Effective Date. This Resolution shall become effective upon its adoption. PASSED, APPROVED, AND ADOPTED this ________ day of ______________ 2025. Page 247 A - 1 EXHIBIT “A” CERTIFICATE OF ELECTION OFFICIAL AND STATEMENT OF VOTES CAST Page 248 B - 1 EXHIBIT “B” ANNEXATION MAP Page 249 Resolution 2025-XXX Page 1 of 3 ATTACHMENT 2 RESOLUTION NO. 2025-XXX RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, CERTIFYING THE RESULTS OF AN ELECTION AND ADDING TERRITORY TO COMMUNITY FACILITIES DISTRICT NO. 2022-01 (STREET LIGHTING SERVICES) OF THE CITY OF RANCHO CUCAMONGA, ANNEXATION NO. 2025-2. WHEREAS, the City Council of the City of Rancho Cucamonga, California (the “City Council”) has previously formed Community Facilities District No. 2022-01 (Street Lighting Services) of the City of Rancho Cucamonga (“CFD No. 2022-01”) pursuant to the Mello-Roos Community Facilities Act of 1982 (the “Act”), as amended, for the purpose of financing certain municipal maintenance services; and WHEREAS, acting pursuant to the Act, the City Council also authorized by the adoption of Resolution No. 2022-063 (the “Resolution Authorizing Future Annexation”) the annexation in the future of territory to CFD No. 2022-01, such territory designated as Future Annexation Area, Community Facilities District No. 2022-01 (the “Future Annexation Area”); and WHEREAS, at this time the unanimous consent to the annexation of certain territory located within the Future Annexation Area to CFD No. 2022-01 has been received from the property owner of such territory, and such territory has been designated as ANNEXATION NO. 2025-2 (the "Territory"); and WHEREAS, less than twelve (12) registered voters have resided within the Territory for each of the ninety (90) days preceding the election date established for the Territory, therefore, pursuant to the Act the qualified elector of the Territory shall be the "landowner," as such term is defined in Government Code Section 53317(f), of such Territory and such landowner who is the owner of record as of the applicable election date, or the authorized representative thereof, shall have one vote for each acre or portion of an acre of the parcel of land that landowner owns within such Territory; and WHEREAS, the time limit specified by the Act for conducting an election to submit the levy of the special taxes on the Territory to the qualified elector thereof and the requirements for impartial analysis and ballot arguments have been waived with the unanimous consent of the qualified elector of the Territory; and WHEREAS, the City Clerk of the City of Rancho Cucamonga has caused a ballot to be distributed to the qualified elector of the Territory, has received and canvassed such ballot and made a report to the City Council regarding the results of such canvass, a copy of which is attached as Exhibit “A” hereto and incorporated herein by this reference; and Page 250 Resolution 2025-XXX Page 2 of 3 5 4 0 2 WHEREAS, at this time the measure voted upon and such measure did receive the favorable vote of the qualified elector of the Territory, and the City Council desires to declare the results of the election; and WHEREAS, a map showing the Territory and designated as Annexation Map No. 2025-2 (the "Annexation Map"), a copy of which is attached as Exhibit “B” hereto and incorporated herein by this reference, has been submitted to this legislative body. NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of Rancho Cucamonga, California, acting as the legislative body of Community Facilities District No. 2022-01, as follows: Section 1. Recitals. The above recitals are true and correct. Section 2. Findings. This legislative body does hereby further determine as follows: A. The unanimous consent as described in the recitals hereto to the annexation of the Territory to CFD No. 2022-01 has been given by the owner of the Territory and such consent shall be kept on file in the Office of the City Clerk of the City of Rancho Cucamonga. B. Less than twelve (12) registered voters have resided within the Territory for each of the ninety (90) days preceding the election date established for the each of the parcels located within the Territory, therefore, pursuant to the Act the qualified elector for the Territory shall be the "landowner" of the Territory as such term is defined in Government Code Section 53317(f). C. The qualified elector of the Territory has voted in favor of the levy of special taxes on the Territory upon its annexation to CFD No. 2022-01. Section 3. Territory. The boundaries and parcels of property within the Territory and on which special taxes will be levied in order to pay for the costs and expenses of authorized municipal maintenance services are shown on the Annexation Map as submitted to and hereby approved by this legislative body. Section 4. Declaration of Annexation. This legislative body does hereby determine and declare that the Territory, and each parcel therein, is now added to and becomes a part of CFD No. 2022-01. The City Council, acting as the legislative body of CFD No. 2022-01, is hereby empowered to levy the authorized special tax within the Territory. Section 5. Notice. Immediately upon adoption of this Resolution, notice shall be given as follows: Page 251 Resolution 2025-XXX Page 3 of 3 5 4 0 2 A. A copy of the Annexation Map as approved shall be filed in the Office of the County Recorder no later than fifteen (15) days after the date of adoption of this Resolution. B. An Amendment to the Notice of Special Tax Lien (Notice of Annexation) shall be recorded in the Office of the County Recorder no later than fifteen (15) days after the date of adoption of this Resolution. Section 6. Effective Date. This Resolution shall become effective upon its adoption. PASSED, APPROVED, AND ADOPTED this ________ day of ______________ 2025. Page 252 A - 1 EXHIBIT “A” CERTIFICATE OF ELECTION OFFICIAL AND STATEMENT OF VOTES CAST Page 253 B - 1 EXHIBIT “B” ANNEXATION MAP Page 254 Resolution 2025-XXX Page 1 of 3 ATTACHMENT 3 RESOLUTION NO. 2025-XXX RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, CERTIFYING THE RESULTS OF AN ELECTION AND ADDING TERRITORY TO COMMUNITY FACILITIES DISTRICT NO. 2022-01 (STREET LIGHTING SERVICES) OF THE CITY OF RANCHO CUCAMONGA, ANNEXATION NO. 2025-3. WHEREAS, the City Council of the City of Rancho Cucamonga, California (the “City Council”) has previously formed Community Facilities District No. 2022-01 (Street Lighting Services) of the City of Rancho Cucamonga (“CFD No. 2022-01”) pursuant to the Mello-Roos Community Facilities Act of 1982 (the “Act”), as amended, for the purpose of financing certain municipal maintenance services; and WHEREAS, acting pursuant to the Act, the City Council also authorized by the adoption of Resolution No. 2022-063 (the “Resolution Authorizing Future Annexation”) the annexation in the future of territory to CFD No. 2022-01, such territory designated as Future Annexation Area, Community Facilities District No. 2022-01 (the “Future Annexation Area”); and WHEREAS, at this time the unanimous consent to the annexation of certain territory located within the Future Annexation Area to CFD No. 2022-01 has been received from the property owner of such territory, and such territory has been designated as ANNEXATION NO. 2025-3 (the "Territory"); and WHEREAS, less than twelve (12) registered voters have resided within the Territory for each of the ninety (90) days preceding the election date established for the Territory, therefore, pursuant to the Act the qualified elector of the Territory shall be the "landowner," as such term is defined in Government Code Section 53317(f), of such Territory and such landowner who is the owner of record as of the applicable election date, or the authorized representative thereof, shall have one vote for each acre or portion of an acre of the parcel of land that landowner owns within such Territory; and WHEREAS, the time limit specified by the Act for conducting an election to submit the levy of the special taxes on the Territory to the qualified elector thereof and the requirements for impartial analysis and ballot arguments have been waived with the unanimous consent of the qualified elector of the Territory; and WHEREAS, the City Clerk of the City of Rancho Cucamonga has caused a ballot to be distributed to the qualified elector of the Territory, has received and canvassed such ballot and made a report to the City Council regarding the results of such canvass, a copy of which is attached as Exhibit “A” hereto and incorporated herein by this reference; and Page 255 Resolution 2025-XXX Page 2 of 3 5 4 0 3 WHEREAS, at this time the measure voted upon and such measure did receive the favorable vote of the qualified elector of the Territory, and the City Council desires to declare the results of the election; and WHEREAS, a map showing the Territory and designated as Annexation Map No. 2025-3 (the "Annexation Map"), a copy of which is attached as Exhibit “B” hereto and incorporated herein by this reference, has been submitted to this legislative body. NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of Rancho Cucamonga, California, acting as the legislative body of Community Facilities District No. 2022-01, as follows: Section 1. Recitals. The above recitals are true and correct. Section 2. Findings. This legislative body does hereby further determine as follows: A. The unanimous consent as described in the recitals hereto to the annexation of the Territory to CFD No. 2022-01 has been given by the owner of the Territory and such consent shall be kept on file in the Office of the City Clerk of the City of Rancho Cucamonga. B. Less than twelve (12) registered voters have resided within the Territory for each of the ninety (90) days preceding the election date established for the each of the parcels located within the Territory, therefore, pursuant to the Act the qualified elector for the Territory shall be the "landowner" of the Territory as such term is defined in Government Code Section 53317(f). C. The qualified elector of the Territory has voted in favor of the levy of special taxes on the Territory upon its annexation to CFD No. 2022-01. Section 3. Territory. The boundaries and parcels of property within the Territory and on which special taxes will be levied in order to pay for the costs and expenses of authorized municipal maintenance services are shown on the Annexation Map as submitted to and hereby approved by this legislative body. Section 4. Declaration of Annexation. This legislative body does hereby determine and declare that the Territory, and each parcel therein, is now added to and becomes a part of CFD No. 2022-01. The City Council, acting as the legislative body of CFD No. 2022-01, is hereby empowered to levy the authorized special tax within the Territory. Section 5. Notice. Immediately upon adoption of this Resolution, notice shall be given as follows: Page 256 Resolution 2025-XXX Page 3 of 3 5 4 0 3 A. A copy of the Annexation Map as approved shall be filed in the Office of the County Recorder no later than fifteen (15) days after the date of adoption of this Resolution. B. An Amendment to the Notice of Special Tax Lien (Notice of Annexation) shall be recorded in the Office of the County Recorder no later than fifteen (15) days after the date of adoption of this Resolution. Section 6. Effective Date. This Resolution shall become effective upon its adoption. PASSED, APPROVED, AND ADOPTED this ________ day of ______________ 2025. Page 257 A - 1 EXHIBIT “A” CERTIFICATE OF ELECTION OFFICIAL AND STATEMENT OF VOTES CAST Page 258 B - 1 EXHIBIT “B” ANNEXATION MAP Page 259 Resolution 2025-XXX Page 1 of 3 ATTACHMENT 4 RESOLUTION NO. 2025-XXX RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, CERTIFYING THE RESULTS OF AN ELECTION AND ADDING TERRITORY TO COMMUNITY FACILITIES DISTRICT NO. 2022-01 (STREET LIGHTING SERVICES) OF THE CITY OF RANCHO CUCAMONGA, ANNEXATION NO. 2025-4. WHEREAS, the City Council of the City of Rancho Cucamonga, California (the “City Council”) has previously formed Community Facilities District No. 2022-01 (Street Lighting Services) of the City of Rancho Cucamonga (“CFD No. 2022-01”) pursuant to the Mello-Roos Community Facilities Act of 1982 (the “Act”), as amended, for the purpose of financing certain municipal maintenance services; and WHEREAS, acting pursuant to the Act, the City Council also authorized by the adoption of Resolution No. 2022-063 (the “Resolution Authorizing Future Annexation”) the annexation in the future of territory to CFD No. 2022-01, such territory designated as Future Annexation Area, Community Facilities District No. 2022-01 (the “Future Annexation Area”); and WHEREAS, at this time the unanimous consent to the annexation of certain territory located within the Future Annexation Area to CFD No. 2022-01 has been received from the property owner of such territory, and such territory has been designated as ANNEXATION NO. 2025-4 (the "Territory"); and WHEREAS, less than twelve (12) registered voters have resided within the Territory for each of the ninety (90) days preceding the election date established for the Territory, therefore, pursuant to the Act the qualified elector of the Territory shall be the "landowner," as such term is defined in Government Code Section 53317(f), of such Territory and such landowner who is the owner of record as of the applicable election date, or the authorized representative thereof, shall have one vote for each acre or portion of an acre of the parcel of land that landowner owns within such Territory; and WHEREAS, the time limit specified by the Act for conducting an election to submit the levy of the special taxes on the Territory to the qualified elector thereof and the requirements for impartial analysis and ballot arguments have been waived with the unanimous consent of the qualified elector of the Territory; and WHEREAS, the City Clerk of the City of Rancho Cucamonga has caused a ballot to be distributed to the qualified elector of the Territory, has received and canvassed such ballot and made a report to the City Council regarding the results of such canvass, a copy of which is attached as Exhibit “A” hereto and incorporated herein by this reference; and Page 260 Resolution 2025-XXX Page 2 of 3 5 4 0 5 WHEREAS, at this time the measure voted upon and such measure did receive the favorable vote of the qualified elector of the Territory, and the City Council desires to declare the results of the election; and WHEREAS, a map showing the Territory and designated as Annexation Map No. 2025-4 (the "Annexation Map"), a copy of which is attached as Exhibit “B” hereto and incorporated herein by this reference, has been submitted to this legislative body. NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of Rancho Cucamonga, California, acting as the legislative body of Community Facilities District No. 2022-01, as follows: Section 1. Recitals. The above recitals are true and correct. Section 2. Findings. This legislative body does hereby further determine as follows: A. The unanimous consent as described in the recitals hereto to the annexation of the Territory to CFD No. 2022-01 has been given by the owner of the Territory and such consent shall be kept on file in the Office of the City Clerk of the City of Rancho Cucamonga. B. Less than twelve (12) registered voters have resided within the Territory for each of the ninety (90) days preceding the election date established for the each of the parcels located within the Territory, therefore, pursuant to the Act the qualified elector for the Territory shall be the "landowner" of the Territory as such term is defined in Government Code Section 53317(f). C. The qualified elector of the Territory has voted in favor of the levy of special taxes on the Territory upon its annexation to CFD No. 2022-01. Section 3. Territory. The boundaries and parcels of property within the Territory and on which special taxes will be levied in order to pay for the costs and expenses of authorized municipal maintenance services are shown on the Annexation Map as submitted to and hereby approved by this legislative body. Section 4. Declaration of Annexation. This legislative body does hereby determine and declare that the Territory, and each parcel therein, is now added to and becomes a part of CFD No. 2022-01. The City Council, acting as the legislative body of CFD No. 2022-01, is hereby empowered to levy the authorized special tax within the Territory. Section 5. Notice. Immediately upon adoption of this Resolution, notice shall be given as follows: Page 261 Resolution 2025-XXX Page 3 of 3 5 4 0 5 A. A copy of the Annexation Map as approved shall be filed in the Office of the County Recorder no later than fifteen (15) days after the date of adoption of this Resolution. B. An Amendment to the Notice of Special Tax Lien (Notice of Annexation) shall be recorded in the Office of the County Recorder no later than fifteen (15) days after the date of adoption of this Resolution. Section 6. Effective Date. This Resolution shall become effective upon its adoption. PASSED, APPROVED, AND ADOPTED this ________ day of ______________ 2025. Page 262 A - 1 EXHIBIT “A” CERTIFICATE OF ELECTION OFFICIAL AND STATEMENT OF VOTES CAST Page 263 B - 1 EXHIBIT “B” ANNEXATION MAP Page 264 Resolution 2025-XXX Page 1 of 3 ATTACHMENT 5 RESOLUTION NO. 2025-XXX RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, CERTIFYING THE RESULTS OF AN ELECTION AND ADDING TERRITORY TO COMMUNITY FACILITIES DISTRICT NO. 2022-01 (STREET LIGHTING SERVICES) OF THE CITY OF RANCHO CUCAMONGA, ANNEXATION NO. 2025-5. WHEREAS, the City Council of the City of Rancho Cucamonga, California (the “City Council”) has previously formed Community Facilities District No. 2022-01 (Street Lighting Services) of the City of Rancho Cucamonga (“CFD No. 2022-01”) pursuant to the Mello-Roos Community Facilities Act of 1982 (the “Act”), as amended, for the purpose of financing certain municipal maintenance services; and WHEREAS, acting pursuant to the Act, the City Council also authorized by the adoption of Resolution No. 2022-063 (the “Resolution Authorizing Future Annexation”) the annexation in the future of territory to CFD No. 2022-01, such territory designated as Future Annexation Area, Community Facilities District No. 2022-01 (the “Future Annexation Area”); and WHEREAS, at this time the unanimous consent to the annexation of certain territory located within the Future Annexation Area to CFD No. 2022-01 has been received from the property owner of such territory, and such territory has been designated as ANNEXATION NO. 2025-5 (the "Territory"); and WHEREAS, less than twelve (12) registered voters have resided within the Territory for each of the ninety (90) days preceding the election date established for the Territory, therefore, pursuant to the Act the qualified elector of the Territory shall be the "landowner," as such term is defined in Government Code Section 53317(f), of such Territory and such landowner who is the owner of record as of the applicable election date, or the authorized representative thereof, shall have one vote for each acre or portion of an acre of the parcel of land that landowner owns within such Territory; and WHEREAS, the time limit specified by the Act for conducting an election to submit the levy of the special taxes on the Territory to the qualified elector thereof and the requirements for impartial analysis and ballot arguments have been waived with the unanimous consent of the qualified elector of the Territory; and WHEREAS, the City Clerk of the City of Rancho Cucamonga has caused a ballot to be distributed to the qualified elector of the Territory, has received and canvassed such ballot and made a report to the City Council regarding the results of such canvass, a copy of which is attached as Exhibit “A” hereto and incorporated herein by this reference; and Page 265 Resolution 2025-XXX Page 2 of 3 5 4 0 4 WHEREAS, at this time the measure voted upon and such measure did receive the favorable vote of the qualified elector of the Territory, and the City Council desires to declare the results of the election; and WHEREAS, a map showing the Territory and designated as Annexation Map No. 2025-5 (the "Annexation Map"), a copy of which is attached as Exhibit “B” hereto and incorporated herein by this reference, has been submitted to this legislative body. NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of Rancho Cucamonga, California, acting as the legislative body of Community Facilities District No. 2022-01, as follows: Section 1. Recitals. The above recitals are true and correct. Section 2. Findings. This legislative body does hereby further determine as follows: A. The unanimous consent as described in the recitals hereto to the annexation of the Territory to CFD No. 2022-01 has been given by the owner of the Territory and such consent shall be kept on file in the Office of the City Clerk of the City of Rancho Cucamonga. B. Less than twelve (12) registered voters have resided within the Territory for each of the ninety (90) days preceding the election date established for the each of the parcels located within the Territory, therefore, pursuant to the Act the qualified elector for the Territory shall be the "landowner" of the Territory as such term is defined in Government Code Section 53317(f). C. The qualified elector of the Territory has voted in favor of the levy of special taxes on the Territory upon its annexation to CFD No. 2022-01. Section 3. Territory. The boundaries and parcels of property within the Territory and on which special taxes will be levied in order to pay for the costs and expenses of authorized municipal maintenance services are shown on the Annexation Map as submitted to and hereby approved by this legislative body. Section 4. Declaration of Annexation. This legislative body does hereby determine and declare that the Territory, and each parcel therein, is now added to and becomes a part of CFD No. 2022-01. The City Council, acting as the legislative body of CFD No. 2022-01, is hereby empowered to levy the authorized special tax within the Territory. Section 5. Notice. Immediately upon adoption of this Resolution, notice shall be given as follows: Page 266 Resolution 2025-XXX Page 3 of 3 5 4 0 4 A. A copy of the Annexation Map as approved shall be filed in the Office of the County Recorder no later than fifteen (15) days after the date of adoption of this Resolution. B. An Amendment to the Notice of Special Tax Lien (Notice of Annexation) shall be recorded in the Office of the County Recorder no later than fifteen (15) days after the date of adoption of this Resolution. Section 6. Effective Date. This Resolution shall become effective upon its adoption. PASSED, APPROVED, AND ADOPTED this ________ day of ______________ 2025. Page 267 A - 1 EXHIBIT “A” CERTIFICATE OF ELECTION OFFICIAL AND STATEMENT OF VOTES CAST Page 268 B - 1 EXHIBIT “B” ANNEXATION MAP Page 269 DATE:March 5, 2025 TO:Mayor and Members of the City Council FROM:John R. Gillison, City Manager SUBJECT:Consideration to Approve the Purchase and Sale Agreement for Conservation of 120 Acres Near Cucamonga Canyon to the City of Rancho Cucamonga. (CITY) RECOMMENDATION: Staff recommends the City Council approve the purchase and sale agreement (PSA) with the King Family Living Trust in the amount of $3,600,000 for 122.09 acres of land near Cucamonga Canyon. The purchase is to be funded using a California State Habitat Conservation Fund grant in the amount of $1,000,000; a Congressional Directed Funding Appropriation in the amount of $1,600,000; and $1,000,000 in funding from the Inland Empire Resource Conservation District (IERCD). BACKGROUND: In 2015 the City of Rancho Cucamonga and the Rancho Cucamonga Fire District began discussions with Jane Morgan about the possibility of purchasing 8234 Almond Street to assist with a trailhead or trail host concept for Cucamonga Canyon. The 5.25 acre property owned by the Morgan family was ideally situated to create a trailhead that could connect to Cucamonga Canyon Road. Although the initial discussions were unsuccessful, in 2021 the Fire District and the County of San Bernardino met with the Morgan family who was interested in selling the property. An agreement was subsequently negotiated whereby the County of San Bernardino purchased the property and conveyed it to the Fire District at a zero cost, provided the Fire District agreed to accept responsibility for future projects and maintenance costs. The site was identified as a possibility for a future trailhead, parking lot, and possible base of operations for the Cucamonga Foothill Preservation Alliance. The Fire District had two years to commence improvements or title to the property would revert to the County. The City and County ultimately approved the purchase and sale of Morgan Ranch. The Fire District subsequently commenced improvements to the property, removing the old home, filling in the old pool, completing weed abatement, and clearing the driveway. Subsequently the City applied for and received a Congressionally Directed Funding request from Congressman Aguilar in 2022 for $1M to construct a trailhead. The trailhead required approval through the National Environmental Policy Act (NEPA) and that environmental review is currently wrapping. Upon completion, design and construction will move forward. Upon completion, the trailhead would need to connect to Cucamonga Canyon Road through a small trail that presently exists on private property owned by the King Family Living Trust. Discussions began with the King Family in 2021, about a possible easement for the connection Page 270 Page 2 2 7 4 6 trail (trailhead to Cucamonga Canyon Road) however, at that time the family was interested in a more wholistic approach. The family was also involved in legal action to partition the property and it was more feasible to consider the sale of the westerly 122 acres which would include the area for the proposed connection trail. After an initial appraisal in 2022, the City of Rancho Cucamonga requested additional federal funds through Congresswoman Chu with support from Congresswoman Torres to purchase the westerly 122 acres. That funding request was approved in the amount of $1.6 million in 2024. The King Family subsequently obtained their own independent appraisal of the property in 2022 which differed significantly from the City’s initial appraisal in 2021 and was more than the $1.6M the City had access to. Because of the valuation difference, the City applied for a State of California Habitat Conservation Grant in 2023, and was successful in receiving $1M. The State of California subsequently required an appraisal verification by an independent third party to confirm the property proposed to be purchased exceeded the value of the State Grant of $1M. This third appraisal found a new value in excess of the State Grant and was completed in 2024. Once that was certified to the State, the City was able to move forward with final negotiations toward the purchase of the land. ANALYSIS: The City and the King Family trust engaged in active negotiations for the last 6+ months. Ultimately a price of $3.6M was agreed upon for the 122 acres of land. As noted in the recommendation, this would be funded using both the City’s California State Habitat Conservation Fund grant in the amount of $1M and the Congressional Directed Funding Appropriation in the amount of $1.6M from Congresswoman Chu and Torres. The delta between the $2.6M in grants and the $3.6M purchase price will be covered with $1M in funding from the Inland Empire Resource Conservation District (IERCD). Upon execution of the Purchase and Sale Agreement the City may apply for access to the $1M from the State of California. At the same time, the City will apply for the $1.6M in funding from the federal government. Escrow closure is 120 days after the opening of escrow but can be extended by another 60 days if the City has not received the federal funding or assurance it will receive the funding in the future. Failure to receive federal funding could result in the termination of the Agreement. The State of California Habitat Conservation Fund grant will require that a Deed Restriction be recorded on title to the property. That Deed Restriction is in effect for 30 years. It allows the State Department of Public Resources employees to enter onto the property at all times to ascertain it is being used as proposed. The proposed uses for which the grant was received was to prevent development, maintain wildlife corridors, allow limited recreation opportunities, prevent irreversible habitat destruction, provide a connection to Cucamonga Canyon and allow for natural, cultural, historic and scenic interpretation. Staff will also begin active negotiations on a Memorandum of Agreement (MOA) with IERCD related to their funding. A draft MOA is already developed; however, additional amendments will be needed. IERCD requires that a Conservation Easement go over approximately 40-50 acres of land. That conservation land must be specifically identified with a legal description to allow for recordation of the Conservation Easement, which will be in perpetuity and run with the land. It will protect and preserve the subject land, prevent all future development of any type and is designed to allow IERC to enhance native plants, remove non-native species, protect habitats and ensure the site remains in as pristine of condition as possible. The Conservation Easement will need to exempt existing and planned trails, future improvements, and any related fire suppression Page 271 Page 3 2 7 4 6 improvements. Those improvements will need to be mapped by the City and included with the Conservation Easement. Ultimately, the MOA will need to be approved by both IERCD and the City of Rancho Cucamonga. Upon approval of the MOA, IERCD will contribute its $1M funding to the purchase of the property. FISCAL IMPACT: No City funds will be used for the purchase of this property. Funding will consist of $1.6M from Transportation, Housing and Urban 2024 Federal Budget, $1M from California Habitat Conservation Fund Grant, California State Parks, and $1M from the Inland Empire Resource Conservation District. COUNCIL MISSION / VISION / VALUE(S) ADDRESSED: Conservation of the 122 westerly acres of King Ranch will help promote a healthy community for all, preserve a family-oriented atmosphere, and provide a high quality of life for all in Rancho Cucamonga. ATTACHMENTS: Attachment 1 - King Ranch PSA Attachment 2 - King Ranch Parcel Description Page 272 ATTACHMENT 1 Page 273 Page 274 Page 275 Page 276 Page 277 Page 278 Page 279 Page 280 Page 281 Page 282 Page 283 Page 284 Page 285 Page 286 Page 287 Page 288 Page 289 Page 290 5 4 4 7 King Ranch 122.09 acre (Parcel 2) ATTACHMENT 2 Page 291