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August 06, 2025 - Council Packet
2 3 4 5 6 RESOLUTION R2025-082 A RESOLUTION OF THE CITY OF SHAKOPEE, MINNESOTA ACCEPTING WORK ON THE EAGLE CREEK BOULEVARD AND VIERLING DRIVE ROUNDABOUT PROJECT _____________________________________________________________________________________ WHEREAS, pursuant to a written contract signed with the City of Shakopee on February 6, 2024, S.M. Hentges and Sons, Inc., has satisfactorily completed the Eagle Creek Boulevard and Vierling Drive Roundabout project in accordance with such contract. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA AS FOLLOWS: The work completed under said contract is hereby accepted and approved. BE IT FURTHER RESOLVED AS FOLLOWS: The City Clerk and Mayor are hereby directed to issue a proper order for the final payment on such contract in the amount of $21,498.82, taking the th Adopted in regular session of the City Council of the City of Shakopee, Minnesota, held this 6 day of August 2025. ____________________________________ Matt Lehman, Mayor of the City of Shakopee ATTEST: ______________________________ Richard Parsons, City Clerk Prepared by: City of Shakopee 485 Gorman Street Shakopee, MN 55379 7 8 9 21 RESOLUTION R2025-085 A RESOLUTION OF THE CITY OF SHAKOPEE, MINNESOTA ACCEPTING WORK ON THE COLBURN DRIVE EXTENSION PROJECT _____________________________________________________________________________________ WHEREAS, pursuant to a written contract signed with the City of Shakopee on April 16, 2024, S.M. Hentges & Sons, Inc., has satisfactorily completed the Colburn Drive Extension project in accordance with such contract. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA AS FOLLOWS: The work completed under said contract is hereby accepted and approved. BE IT FURTHER RESOLVED AS FOLLOWS: The City Clerk and Mayor are hereby directed to issue a proper order for the final payment on such contract in the amount of $5,823.88, taking the th Adopted in regular session of the City Council of the City of Shakopee, Minnesota, held this 6 day of August 2025. ____________________________________ Matt Lehman, Mayor of the City of Shakopee ATTEST: ______________________________ Richard Parsons, City Clerk Prepared by: City of Shakopee 485 Gorman Street Shakopee, MN 55379 22 23 24 25 RESOLUTION R2025-083 A RESOLUTION DECLARING THE COSTS TO BE ASSESSED, ORDERING THE PREPARATION OF PROPOSED ASSESSMENTS AND SETTING A PUBLIC HEARING FOR THE 2025 FULL DEPTH PAVEMENT RECONSTRUCTION PROJECT CIF-25-001 ________________________________________________________________________ WHEREAS, a contract has been let for the construction of the 2025 Full Depth Pavement Reconstruction Project as described in the preliminary engineering report. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA THAT: 1. The cost of such improvement to be specially assessed is hereby declared to be $82,942.33. 2. The City Clerk, with the assistance of the City Engineer, shall forthwith calculate the proper amount to be specially assessed for such improvement against every assessable lot, piece or parcel of land within the district affected, without regard to cash valuation, as provided by law, and keep a copy of such proposed assessment in her office for public inspection. 3. That the City Clerk shall, upon the completion of such proposed assessment, notify the City Council thereof. BE IT FURTHER RESOLVED: nd 1. That a hearing shall be held on the 2 day of September 2025, in the Shakopee Council Chambers of City Hall, 485 Gorman Street, at 7:00 P.M. or thereafter, to pass upon such proposed assessments and at such time and place all persons owning property affected by such improvements and proposed assessments will be given an opportunity to be heard with reference to such assessment. 2. That the City Clerk is hereby directed to cause a notice of the hearing on the proposed assessment to be published once in the official newspaper of the City of Shakopee at least two weeks prior to the hearing and they shall state in the notice the total cost of the improvements. They also shall cause mailed notice of such hearing to be given to the owner of each parcel described in the assessment roll not less than two weeks prior to the hearing. Adopted in regular session of the City Council of the City of Shakopee, th Minnesota, held this 6 day of August 2025. 26 ______________________________ Mayor of the City of Shakopee ATTEST: ______________________________ City Clerk Prepared by: City of Shakopee 485 Gorman Street Shakopee, MN 55379 27 28 29 2: 31 32 33 34 35 36 37 38 39 CONTRACT THIS CONTRACT, made and entered into this day of , 2025 by and between ___ _____________________________ hereinafter called "Contractor" (a corporation organized and existing under the laws of the State of Minnesota) (a partnership consisting of ___________________________________ created under the laws of Minnesota), and the City of Shakopee, Minnesota, a municipal corporation, hereinafter called "City." WITNESSETH: That Whereas, the Contractor has become the lowest responsible bidder for furnishing the supervision, labor, tools, equipment, materials and supplies and for constructing the following City improvements: MARYSTOWN ROAD RECONSTRUCTION NOW THEREFORE, the parties to this contract agree to the following: 1. Manner for Completion The Contractor, at his own proper cost and expense, shall perform all work and furnish all supervision (needed beyond that provided by the City Engineer), labor, material, tools, supplies, machinery and other equipment necessary for the construction of the Marystown Road Reconstruction, Project CIF-23-004 for the City of Shakopee, Minnesota, in a workmanlike and substantial manner, as outlined in the Plans and Specifications. 2. Due Diligence Time is of the essence in the performance of this Contract. The maintenance of a rate of progress in the work which will result in its completion in a reasonable time, is an essential feature of this Contract, and the Contractor agrees to proceed with all due diligence and care, at all times to take all precautions to insure the time of completion as defined in this Contract. The Contractor shall fully complete the work called for under the Contract in accordance with the specifications. 3. Payment The City will pay the Contractor those prices stipulated in the Contractor's Contract Proposal, which are incorporated herein by reference and made a part of this Contract, which shall constitute full and complete compensation for the contractor's work provided hereunder. The parties specifically agree and understand and the Contractor specifically waives any claim for additional compensation for any changed condition whether arising out of a physical condition at the site of an unusual nature, differing materially from those ordinarily encountered and generally recognized as inherent in work of the character and at the location provided for in the Contract or arising as a result of any force majeur. 4. Prevailing Wages Then the wages of laborers, workers, and mechanics should be comparable to wages paid for similar work in the community as a whole, as established by the Minnesota Department of Labor and Industry and U.S. Department of LaborÓs Wage and Hour Division. The prevailing wage rates are attached and included in the contract documents. Marystown Road Reconstruction Contract Project No. CIF-23-004 Project Specifications C-2 3: 5. Contractor's Responsibility for Subcontractors It is further agreed that Contractor shall be as fully responsible to the City for the acts and omissions of its subcontractors, and of persons either directly or indirectly employed by them, as Contractor is for the acts and omissions of persons it directly employs. Contractor shall cause appropriate provisions to be inserted in all subcontracts relating to this work, to bind all subcontractors to Contractor by all the terms herein set forth, insofar as applicable to the work of subcontractors and to give Contractor the same power regarding termination of any subcontract as the City may exercise over Contractor under any provisions of this contract. Nothing contained in this Contract shall create any contractual relation between the subcontractor and the City or between any subcontractors. 6. Payment to Subcontractors The Contractor shall pay any subcontractor within ten days of receipt of payment from the City for undisputed services provided by the subcontractor. If the Contractor fails to pay within ten days, the Contractor shall pay the subcontractor interest at the rate of one and one-half percent per month or part of month to the subcontractor on any undisputed amount not paid on time to the subcontractor, in accordance with Minn. State. Sec. 471.425, Subd. 4a. 7. Indemnity The Contractor agrees to defend, indemnify, and save the City harmless from and against all claims, suits and actions of every description, brought against the City and from all damage and costs, including attorneyÓs and expert fees, by reason or on account of any injuries or damages received or sustained by any person or persons, or their property, by Contractor, its servants, agents or subcontractors in the construction of said work, or by any negligence or carelessness in the performance of same, or on account of any other wrongful act or omission, including breach of any provision of this Contract, of Contractor, its independent subcontractors, agents, employees, or delegates. The Contractor further agrees to indemnify the City for defense cost incurred in defending any claims, unless the City is determined to be at fault. 8. Contract Documents This Contract, together with the other documents enumerated in this paragraph, forms the Contract between the parties. These documents are as fully a part of the contract as if attached hereto or repeated herein. In the event of any conflict between those documents listed as (a) through (f), they shall govern in the order listed, with this Contract governing over all other documents. The contract documents consist of the following: a. This Contract b. All Change Orders or Addenda c. Plans and Specifications for Project CIF-23-004 d. All items listed under the Table of Contents 9. Duplicate Originals This Contract shall be executed in two copies; one (1) copy being retained by the City, one (1) to be delivered to the Contractor. 10. Nondiscrimination The Contractor agrees in the performance of this Contract not to discriminate on the ground or because of race, color, creed, religion, national origin, sex, marital status, status with regard to public assistance, disability, sexual orientation or age, against any employee of Contractor or applicant for employment, and shall include a similar provision in all subcontracts let or awarded hereunder. Marystown Road Reconstruction Contract Project No. CIF-23-004 Project Specifications C-3 41 11.Jurisdiction This agreement and every question arising hereunder shall be construed or determined according to the laws of the State of Minnesota. CONTRACTOR CITY OF SHAKOPEE, MINNESOTA By ____________________________________ By__________________________________ Mayor/Matt Lehman By ____________________________________ By__________________________________ Name / Title City Administrator/ Reynolds Approved as to form: _______________________________________ City Attorney Marystown Road Reconstruction Contract Project No. CIF-23-004 Project Specifications C-4 42 RESOLUTION R2025-088 A RESOLUTION OF THE CITY OF SHAKOPEE, MINNESOTA ACCEPTING BIDS AND AWARDING A CONTRACT IN THE AMOUNT OF $7,233,899.80 TO S.M. HENTGES AND SONS, INC., FOR THE MARYSTOWN ROAD RECONSTRUCTION PROJECT CIF-23-004 _____________________________________________________________________________________ WHEREAS, pursuant to an advertisement for bids for the Marystown Road Reconstruction Project CIF-23-004, bids were received, opened on July 10, 2025, and tabulated according to law, and the following bids were received complying with the advertisement: Bidder Amount S.M. HENTGES & SONS, INC. $ 7,233,899.80 C.S. MCCROSSAN, INC. $ 7,315,591.85 VALLEY PAVING $ 7,493,243.20 MEYER CONTRACTING, INC. $ 7,978,751.80 WHEREAS, S.M. Hentges and Sons, Inc., 650 Quaker Avenue, Jordan, MN 55352, is the lowest responsible bidder for the Marystown Road Reconstruction Project. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA AS FOLLOWS: 1. Following MnDOT execution of MnDOT Contract No. 10585787, the appropriate City officials are hereby authorized and directed to enter into a contract with S.M. Hentges and Sons, Inc., in the name of the City of Shakopee for the Marystown Road Reconstruction Project according to the plans and specifications therefore approved by the City Council and on file in the office of the City Clerk. 2. The City Clerk is hereby authorized and directed to return forthwith to all bidders the deposits made with their bids, except that the deposits of the successful bidder and the next lowest bidder shall be retained until a contract has been signed. 3. Pursuant to Section 1.150-2(d) of the Treasury Regulations, the City Council declares its official intent to reimburse itself for the costs of the improvements from the proceeds of tax-exempt bonds. Adopted in regular session of the City Council of the City of Shakopee, Minnesota, held this 6th day of August 2025. ____________________________________ Mayor of the City of Shakopee ATTEST: ______________________________ City Clerk Prepared by: City of Shakopee 485 Gorman Street Shakopee, MN 55379 43 44 45 46 47 48 Sfdpnnfoefe!Op! Qbsljoh!\[pof 49 Sfdpnnfoefe!Op! Qbsljoh!\[pof 4: Sfdpnnfoefe!Bmm.Xbz!Tupq!Dpouspmmfe!Joufstfdujpo 51 Sfdpnnfoefe!Op!Qbsljoh!\[poft Fyjtujoh!Qfeftusjbo!Dspttjoh!Mpdbujpo 52 53 RESOLUTION R2025-087 A RESOLUTION OF THE CITY OF SHAKOPEE, MINNESOTA APPROVING THE CITY TO SUBMIT A TOWARD ZERO DEATHS ENFORCEMENT GRANT PROGRAM APPLICATION _____________________________________________________________________________________ WHEREAS, the City of Shakopee supports the application made to the Minnesota Department of WHEREAS, the application is to obtain funding to provide officer overtime while conducting traffic safety initiatives focusing on reducing impaired driving, speeding, and traffic accidents while increasing seat belt usage, and WHEREAS, each year the City enters into a cooperative agreement to continue to participate when funding is awarded; and WHEREAS, the City serves as the fiscal agent for the current Toward Zero Deaths Traffic Enforcement grant and has served in that capacity for several years, and WHEREAS, if awarded, in the capacity of the fiscal agent, the City will enter into a cooperative agreement with the Minnesota Department of Public Safety and Office of Traffic Safety to administer grant funds that fund the overtime efforts of multiple agencies in Scott County. WHEREAS, the City of Shakopee recognizes a 0% match is required. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA AS FOLLOWS: if the City of Shakopee is awarded a grant by the Minnesota Department of Public Safety, the City of Shakopee agrees to accept the grant award and may enter into an agreement with Minnesota Department of Public Safety for the above-referenced project. The City of Shakopee will comply with all applicable laws, requirements, and regulations as stated in the grant agreement. Adopted in the regular session of the City Council of the City of Shakopee, Minnesota, held this th 6 day of August 2025. ____________________________________ Matt Lehman, Mayor of the City of Shakopee ATTEST: ______________________________ Richard Parsons City Clerk 54 55 RESOLUTION R2025-086 A RESOLUTION OF THE CITY OF SHAKOPEE, MINNESOTA APPROVING DWI/TRAFFIC SAFETY OFFICER PROGRAM GRANT APPLICATION _____________________________________________________________________________________ WHEREAS, the City of Shakopee supports the application to the Minnesota Department of WHEREAS, the application is to obtain funding to continue the employment of the DWI/Traffic Safety Officer position for one year, and WHEREAS, the City of Shakopee recognizes a 0% match is required. However, vehicle mileage costs, and/or agency expenses will be incurred and provided as a match. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA AS FOLLOWS: if the City of Shakopee is awarded a grant by MN Department of Safety, the City of Shakopee agrees to accept the grant award and may enter into an agreement with MN Department of Safety for the above-referenced project. The City of Shakopee will comply with all applicable laws, requirements, and regulations as stated in the grant agreement. Adopted in the regular session of the City Council of the City of Shakopee, Minnesota, held this th 6 day of August 2025. ____________________________________ Matt Lehman, Mayor of the City of Shakopee ATTEST: ______________________________ Richard Parsons City Clerk Prepared by: City of Shakopee 485 Gorman Street Shakopee, MN 55379 56 57 58 59 5: 61 62 63 64 65 66 67 68 69 6: 71 72 73 74 76 77 79 7: 81 82 83 84 85 RESOLUTION R2025-089 A RESOLUTION OF THE CITY OF SHAKOPEE, MINNESOTA AUTHORIZING THE EXECUTION OF A LOCAL ROAD IMPROVEMENT PROGRAM GRANT AGREEMENT FOR THE MARYSTOWN ROAD/TH 169 INTERCHANGE & TRAIL IMPROVEMENT PROJECT, CIF-23-004, SP 166-100-004, TIED TO BRIDGE #70011 _____________________________________________________________________________________ WHEREAS, the City of Shakopee has applied to the Commissioner of Transportation for a grant from the Local Road Improvement Fund; and WHEREAS, the Commissioner of Transportation has given notice that funding for this project is available; and WHEREAS, the amount of the grant has been determined to be $1,430,764.00 by reason of the lowest responsible bid; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA AS FOLLOWS: 1. The City of Shakopee does hereby agree to the terms and conditions of the grant consistent with Minnesota Statutes, section 174.52, and will pay any additional amount by which the cost exceeds the estimate and will return to the Local Road Improvement Fund any amount appropriated for the project but not required. 2. The Mayor and the City Engineer are authorized to execute a grant agreement and any amendments thereto with the Commissioner of Transportation concerning the above-referenced grant. th Adopted in regular session of the City Council of the City of Shakopee, Minnesota, held this 6 day of August 2025. ____________________________________ Mayor of the City of Shakopee ATTEST: ______________________________ City Clerk Prepared by: City of Shakopee 485 Gorman Street Shakopee, MN 55379 86 87 Management and Maintenance Plan City of Shakopee 485 Gorman Street Shakopee, MN 55379 Adopted: Introduction The Minnesota Legislature officially authorized the City of Shakopee to establish a Social District as part of a statewide expansion that took effect in 2024. This authorization came through the omnibus commerce/liquor policy bill, signed into law on May 30, 2024, by Governor Walz, which extended the pilot program to include Shakopee (alongside Stillwater and Anoka) That bill explicitly required Shakopee to develop a formal Management and Maintenance Plan for the Social District, stipulating details like boundaries, hours, and public posting of information The City of Shakopee Social District is designed to: Promote economic development and support local businesses. Enhance the vibrancy and appeal of downtown Shakopee. Provide residents and visitors with a unique, safe, and enjoyable experience. All applicable State of Minnesota and City of Shakopee laws regarding public intoxication, impaired driving, and open container restrictions remain enforceable inside and outside of the Social District. This Management and Maintenance Plan provides guidance for operations, maintenance, and compliance of the Social District. 88 Management The Shakopee City Council serves as the governing authority for the Social District. Oversight and operations are supported by: Shakopee Police Department: Responsible for enforcement, public safety, and responding to incidents within the Social District. Shakopee Public Works Department: Handles sanitation, including placement and servicing of trash and recycling receptacles and routine litter collection. Shakopee City Clerk: Manages licensing Shakopee Economic Development/EDA: Manages communications, and coordination with participating businesses, distribution of cups. The City Council reserves the right to amend operations or regulations as needed. Eligible Businesses Any licensed establishment located within the Social District boundaries that is in good standing with the City of Shakopee, and the State of Minnesota may apply for a Social District license. Communication with Social District Permit Holders Social District Permit holders will be required to submit a current email address to the City of Shakopee for use when communicating important information that pertains to the Social District. Such information may include, but is not limited to, upcoming special events or operational adjustments. Participating businesses must also: Serve alcoholic beverages in City-provided through purchase recyclable plastic cups (glass containers are prohibited) within the Social District. Display City-provided signage indicating their participation status. Adhere to all Social District regulations. 89 Boundaries and Public Common Areas The Shakopee Social District includes designated sidewalks, public walkways, plazas, and park spaces as shown in the official boundary map (Appendix A). Key Boundary Guidelines: Use of the public streets are only included during City-approved special events when vehicular traffic is restricted. Clear signage and boundary markers will be installed to guide patrons. Administration Roles and Responsibilities Security: The Shakopee Police Department will maintain a visible presence within the Social District to ensure compliance and safety. Sanitation: The Shakopee Public Works Department will place and service trash and recycling containers and monitor the area for litter. Communications: Shakopee Economic Development (EDA) will distribute updates and coordinate with businesses regarding operational changes, events, and compliance requirements. Operations Hours of Operation The Social District will operate: Monday through Sunday, 10:00 a.m. 10:00 p.m. Alcoholic beverages cannot be sold in Social District cups or consumed within Public Common Areas after 10:00 p.m. Beverages must remain within the Social District boundaries. Beverage Containers All alcoholic beverages must be served in recyclable plastic cups (16 oz. maximum size) purchased from the City o The Shakopee Social District logo o The statement: in no less than 12-point font. 8: Cups are single-use only and may not be reused or brought into another establishment. Fees Social District License Fee: $25.00 (or as determined by the City Council). Cup Fee: A surcharge of $0.50 per Social District cup will be charged to assist with sanitation and operational costs. Marketing and Signage Marketing and Promotion: The City of Shakopee will develop and launch a marketing campaign using free and paid social media channels, the City website, and other available media. Additionally, the City will develop and publish informational materials for participating businesses and the public to help them understand the rules and responsibilities of utilizing the City of Shakopee Social District. These materials will be provided in a digital format on the City website. The City will provide businesses and the public with clear and consistent messaging, including: District Boundary Signage: Identifying hours, rules, and boundaries. Business Window Clings: Indicating participation level: o o o Digital and print materials to promote the Social District and educate patrons on its use. Compliance and Enforcement The City of Shakopee reserves the right to: Revoke or suspend Social District licenses for noncompliance. Temporarily suspend Social District operations during emergencies or as determined necessary by the City Council. All existing laws related to underage drinking, disorderly conduct, and public intoxication will remain strictly enforced. 91 Special Events Special events may be held within the Social District boundaries with City approval. During such events, temporary modifications to boundaries and operations may occur. FAQs Q: Can I walk anywhere with my City of Shakopee Social District beverage cup? A: You must stay within the designated City of Shakopee Social District Public Common Area boundaries as indicated on the map. The Social District boundary will be identified by signage. Q: Can alcoholic beverages from other participating businesses be brought into other downtown businesses within the Social District? A: No. Alcoholic beverages purchased from one location are prohibited from entering another establishment, regardless of whether they participate in the Social District. All beverages must be consumed within the designated Social District Public Common Area or in the business from which they were purchased. participating establishment and give it to someone underage? A: The City of Shakopee advises participating establishments to verify customer IDs at the time of purchase. Q: Can I reuse an empty City of Shakopee Social District cup to purchase another alcoholic beverage? A: No. When ordering a beverage, it must be served in a new cup with the appropriate designations. Q: May I bring my filled Social District cup into a store/shop within the Social District area? A: Businesses will display window clings near their entrances indicating whether Social District beverages are welcome or not. Q: How will the extra trash that is generated be handled? A: The City of Shakopee will place additional trash and recycling receptacles throughout the Social District. Public Works staff will routinely monitor and clean the area to maintain a clean environment. Q: What types of alcoholic beverages can I have in my City of Shakopee Social District beverage cup? A: Beer, wine, and spirits are all allowable drinks in a City of Shakopee Social District beverage cup. Alcoholic beverages must be purchased from an authorized participating establishment. Cups may hold up to 16 oz. or less. 92 Q: Can I bring my own alcoholic beverage, pour it into a cup, and walk around downtown? A: No. Only alcoholic beverages purchased from authorized businesses within the City of Shakopee Social District are permitted. No cans, glass bottles, or outside drinks are allowed. Q: Does this legalize public drunkenness? A: No. Public intoxication remains illegal and will be enforced. Q: Who do I contact with questions or concerns? A: If you observe someone breaking Social District rules, please contact the City of Shakopee you see an emergency, dial 9 1 1. . Contact Information Shakopee Police Department Non-Emergency: 952-445-1411 Emergency: 911 Shakopee Economic Development John Sullivan, Economic Development Coordinator Email: jsullivan@shakopeemn.gov Phone: 952-233-9317 Shakopee City Clerk Rick Parsons, City Clerk rparsons@shakopeemn.gov Phone: 952-233-9318 Shakopee Public Works Bill Egan, Public Works Director began@shakopeemn.gov Phone: 952 233-9555 93 94 95 ORDINANCE NO. O2025-019 AN ORDINANCE OF THE CITY OF SHAKOPEE, 5 FEE SCHEDULE THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA, ORDAINS: WHEREAS, by O2025-015, the City Council updated the fee schedule on May 6, 2025; and WHEREAS, the City Council has determined that it is desirable to modify the 2025 Fee Schedule by adding fees regarding the Social District and hotel licensing. NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Shakopee that the following fees are added to the Adopted 2025 City Fee Schedule: Social District Fees Social District License $25 Social District Cup 50¢ per cup HOTEL LICENSING (City Code 118) Hotel License Fee $150 th Adopted in regular session of the City Council of the City of Shakopee, Minnesota held this 6 day of August, 2025. Mayor of the City of Shakopee ATTEST: City Clerk 96 97 98 99 9: :1 :2 x 7/17/20256/30/20256/30/2025 Fixed Income StrategyCity of Shakopee Analysis Date:Portfolio as of:Market Data as of:JJ Bartlett (402) 498-5022jj.bartlett@wellsfargo.com© 2025 Wells Fargo Bank, N.A. All rights reserved. :3 222324 © 2025 Wells Fargo Bank, N.A. All rights reserved. 2 Treasury, Agency, SSA - SummaryCertificates of Deposit - SummaryMunicipal - Summary 346789 1317 Portfolio SummaryCash Flow ProjectionsHistorical PerformanceProjected Call ReportCredit Rating MonitorPositions by SectorPositions by MaturityPositions by Maturity - Scenario Analysis Portfolio Analysis Table of Contents :5 Total ($) 11,631,92014,403,69819,818,55023,258,56624,855,54927,697,27829,966,76231,812,83434,312,99636,476,37638,283,17940,617,72542,433,78943,430,51046,612,62449,128,20150,485,28355,117,58256,348,57057,379,80 359,037,96060,153,89462,471,78564,344,44565,552,70966,262,55567,163,93868,134,01169,321,54070,301,21870,724,05271,947,59073,298,08874,221,59176,416,62177,648,17880,510,925 Cumulative © 2025 Wells Fargo Bank, N.A. All rights reserved. 4 996,721709,847901,383970,073979,678422,834923,503 Monthly Total ($) 2,771,7795,414,8513,440,0161,596,9822,841,7292,269,4851,846,0722,500,1622,163,3801,806,8032,334,5461,816,0643,182,1142,515,5771,357,0824,632,2991,230,9881,031,2321,658,1571,115,9342,317,8911,872,6591 ,208,2641,187,5291,223,5381,350,4982,195,0301,231,5572,862,746 11,631,920 4.18%3.26%2.92%2.37%3.66%2.54%3.05%1.26%3.47%3.09%2.58%1.65%3.60%1.53%1.68%2.82%3.14%2.45%3.76%3.56%3.86%3.86%3.60%3.78%3.98%1.62%1.64%3.31%3.92%3.56%2.26%3.85%3.64%3.87%2.24%3.04%4.25% Run Off Yield (%) 711,354929,598786,157856,575922,773477,122625,359743,637971,899770,198168,536741,364 2,406,3244,964,3353,017,1081,215,7342,202,4071,890,1571,545,1692,115,7941,810,8411,478,1021,978,9641,460,4192,828,9282,205,5441,065,6463,719,1041,367,6372,066,2371,615,3991,015,8561,104,1152,013,2741 ,050,6972,620,711 11,630,587 Maturity ($) 90,23891,91678,67491,91185,44386,84485,06087,87283,19093,65576,34171,55169,24267,80260,68872,11963,45860,55763,068 Call ($) 168,221164,870170,878144,598381,718120,656123,851107,266120,838115,396118,484115,353118,942113,915119,821101,419696,615 1,332 197,234285,647252,030236,650257,603258,672177,052277,102231,700213,305237,099240,292166,426239,271190,212190,017216,580211,152153,159211,846167,448166,211170,417200,430144,853192,834132,780139,289137 ,930185,056139,879185,695110,019118,298120,303178,968 Interest ($) Date Jul-25Aug-25Sep-25Oct-25Nov-25Dec-25Jan-26Feb-26Mar-26Apr-26May-26Jun-26Jul-26Aug-26Sep-26Oct-26Nov-26Dec-26Jan-27Feb-27Mar-27Apr-27May-27Jun-27Jul-27Aug-27Sep-27Oct-27Nov-27Dec-27Jan-28Feb-28Ma r-28Apr-28May-28Jun-28 TimePeriodO/NYear 1Year 2Year 3 Portfolio Analysis Cash Flow Projections :6 Total ($) 80,855,66383,554,39384,242,31185,104,34285,625,85286,534,46388,021,02789,207,52289,748,76689,986,74991,710,13593,926,68994,419,20095,671,86696,508,02397,811,37298,269,87198,985,476 Cumulative 101,199,291102,005,675102,276,533102,417,216103,089,739104,598,855104,963,122106,001,113107,284,399108,041,931108,176,951108,785,352108,876,297109,423,884109,616,968109,746,257111,662,602112,769,480 © 2025 Wells Fargo Bank, N.A. All rights reserved. 5 90,944 344,739687,918862,031521,510908,611541,244237,983492,511836,157458,499715,605806,384270,858140,683672,523364,267757,532135,020608,401547,588193,083129,289 Monthly Total ($) 2,698,7291,486,5641,186,4951,723,3862,216,5541,252,6661,303,3492,213,8151,509,1151,037,9921,283,2851,916,3451,106,878 2.25%3.96%3.92%3.65%3.89%3.78%3.92%3.92%3.48%2.19%4.46%4.25%3.69%3.39%3.68%4.29%4.20%4.04%4.39%3.75%3.27%2.19%4.10%4.05%3.84%4.17%3.56%4.24%2.41%4.39%2.41%4.30%3.88%2.38%4.30%4.26% Run Off Yield (%) 80,43661,27559,36397,717 155,551521,248721,384368,149718,906398,186124,974359,090707,285352,438601,968699,993169,683579,366321,034950,825712,219545,309492,010145,166 2,478,3571,317,6771,016,4501,570,8122,060,4871,108,6871,205,8382,096,4941,411,2311,192,6171,849,7061,056,503 Maturity ($) 9,6719,0838,401 61,52656,46867,18651,00749,37546,98345,06741,56050,64041,20640,87141,13839,39837,45046,47732,50331,65029,12627,18324,38432,71023,12022,73422,18820,47519,49726,89516,04715,06213,39012,45710,95710,061 Call ($) 99,48389,64092,41771,80294,02382,39565,00874,41184,51290,13882,00768,46537,12770,42375,69622,75967,66963,77329,26658,68249,70119,12444,62037,85621,90157,55641,975 127,662163,904103,987142,722123,820128,484111,703114,929106,530 Interest ($) Date Jul-28Aug-28Sep-28Oct-28Nov-28Dec-28Jan-29Feb-29Mar-29Apr-29May-29Jun-29Jul-29Aug-29Sep-29Oct-29Nov-29Dec-29Jan-30Feb-30Mar-30Apr-30May-30Jun-30Jul-30Aug-30Sep-30Oct-30Nov-30Dec-30Jan-31Feb-31Ma r-31Apr-31May-31Jun-31 TimePeriodYear 4Year 5Year 6 Portfolio Analysis Cash Flow Projections :8 UP 50 Proj Date 07/01/2501/21/2605/23/30 Proj Date 07/01/2511/23/2511/23/26 Base Case Projected Call Date © 2025 Wells Fargo Bank, N.A. All rights reserved. 7 DN 50 Proj Date 07/01/2511/23/2511/23/26 Yield 4.444.214.38 4.444.214.38 Market Yield 4.444.494.61 Book 4.444.494.61 Par Amount 244,000600,000 244,000600,000 1,000,000 1,000,000 Call AmerAmerAmer Structure Final Maturity 06/22/2605/21/2705/23/30 Issuer FEDERAL FARM CREDIT BANKJP MORGAN CHASE BANK NAFEDERAL HOME LOAN BANK Sector AgencyCertificate of DepositAgency CUSIP 3133ENZF046657V4F43130B6GM2 ID 56 0-90 Days 98 91-180 Days 169>365 Days Portfolio Analysis Projected Call Report :9 Watch Eff Date S & P 04/25/2507/02/25 NR AA- Rating Current © 2025 Wells Fargo Bank, N.A. All rights reserved. 8 Watch Eff Date Moody's WR Aa2 Rating Current Par 370,000550,000 Amount % Port 0.31%0.50% Final 09/01/2807/01/25 Maturity Date Issued 11/10/2103/08/22 Issuer LOS ANGELES CAUNIV OF WASHINGTON WA UNIV REV Sector MunicipalMunicipal CUSIP 544351PT091523NWV4 3 ID 136 FDIC-Insured brokered CDs are not included in the Credit Rating Monitor 90 Day Changes Portfolio Analysis Credit Rating Monitor :: Eff Cvx 0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.10.10.10.10.10.20.20.20.30.30.50.60.60.60.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.10.10.10.10.10.30.7 0.00.4 (0.2)(2.4)(1.5)(2.0) (0.1) Eff Dur 0.10.20.20.40.40.60.70.70.90.01.11.11.21.41.51.61.61.61.92.12.12.22.63.12.03.93.84.42.25.15.34.66.46.97.07.10.30.60.61.41.92.22.32.32.42.52.22.42.52.42.72.73.64.04.04.03.62.75.27.8 2.62.25.3 0.10.20.20.40.40.60.70.70.91.01.21.21.31.41.61.71.81.81.92.22.32.42.83.43.94.24.54.94.95.86.26.97.78.48.68.70.71.31.33.45.15.86.06.66.86.96.97.27.57.57.77.79.62.75.89.5 3.16.06.1 WAM 10.310.310.310.6 Yield 4.394.444.444.424.424.334.094.204.134.444.074.084.054.023.993.833.924.033.883.773.863.853.763.854.173.833.813.974.383.964.154.754.364.404.314.435.024.854.904.254.254.234.244.044.034.034.074.224.074.0 54.034.044.394.564.584.584.343.974.394.77 4.124.264.39 Market BookYield 0.560.430.610.560.550.853.211.010.884.441.004.421.001.374.154.494.443.244.313.834.304.083.864.224.894.084.504.494.614.275.214.284.704.274.454.533.532.703.022.692.220.661.642.123.032.992.582.613.363.4 23.102.991.211.001.030.810.894.504.594.80 3.332.334.63 0 (0) G / L 723 358 2,2501,4166,5685,2873,1665,7053,1321,6417,1905,7931,8345,8204,1706,5075,1181,078 (2,681)(3,019)(5,737)(9,083)(7,596)(4,705)(5,835)(6,138)(6,715)(7,137)(9,949)(9,215) 16,29355,88211,39120,87128,51113,059 12,703 (13,795)(22,389)(24,028)(18,395)(35,685)(13,575)(27,683)(46,964)(78,903)(57,565)(48,722)(26,974)(27,860)(17,219)(39,356)(13,339)(23,469)(42,624)(44,196)(56,635)(33,353)(28,966) (115,390) (734,551) © 2025 Wells Fargo Bank, N.A. All rights reserved. 9 Price 99.4699.3999.7498.4998.4798.0397.6697.2096.5798.1096.2696.2995.2498.4899.3099.2198.7399.6097.2399.3099.4498.7498.8597.4996.6096.2795.0698.5998.5698.5598.6097.0198.4298.5697.1397.1392.2189.2889.2289.2 892.3292.6099.10 96.8097.95 Market 100.19100.00101.10101.60104.93101.37100.62100.31102.87113.71100.31104.07103.91103.30100.33102.25 100.77 102.16 Price Book 99.9999.9997.7299.9499.8695.0199.8398.5096.7097.7697.3298.2197.1299.3699.7699.8091.3098.89 97.11 100.00100.50100.00100.00100.80100.00100.00100.00100.00100.01100.72104.80100.42100.10100.04101.67110.69100.00102.47100.00104.25101.56100.12100.17100.00100.55103.97100.81103.25101.18101.30102.04100.951 00.41100.24100.06102.73101.91101.81102.62103.90101.13 100.77101.20 Price 99.7399.8399.9999.9794.8399.7499.5393.3299.5497.3895.5197.5096.4297.8296.6499.3699.6199.8088.3298.88 96.18 100.00110.02100.00103.98100.00100.00100.00100.02101.33109.85100.72100.12100.04102.36114.24100.00102.84100.00104.84101.71 101.37 102.58101.87100.00101.61107.90101.66104.24101.53101.53102.94101.48100.6 3100.41100.11102.94102.40102.38103.43104.70 102.13 101.35 Acquired Date 08/18/202012/08/202009/01/202102/09/202102/18/202107/21/202107/18/202204/01/202108/02/202106/21/202208/11/202112/01/202306/18/202112/02/202112/09/202406/20/202412/01/202304/14/202212/01/202312/01/202 212/01/202312/09/202406/18/202512/01/202311/22/202312/09/202410/03/202308/03/202305/15/202506/20/202410/17/202305/19/202211/30/202301/08/202406/18/202506/20/202403/08/201110/19/201111/18/201103/20/20 1409/02/201504/12/201608/02/201610/31/201901/29/201901/29/201911/13/201812/06/201809/27/201811/28/201803/01/201902/08/201904/14/202009/28/202009/04/202011/25/202001/28/202106/20/202406/20/202406/06/2 025 1 Par 500,000500,000750,000600,000500,000700,000770,000250,000800,000700,000600,000500,000600,000600,000600,000400,000570,000600,000600,000600,000600,000650,000600,000500,000600,000500,000600,000650,000600 ,000600,000501,013500,000500,000550,000500,000800,000405,000350,000450,000250,000250,000500,000500,000500,000 1,000,0001,000,0001,000,0001,850,0001,300,0001,000,0001,000,0002,060,4002,000,0001,500,0001,000,0001,044,0001,030,2441,010,8081,000,000 1,500,000 24,790,00016,701,466 ------------------------ Call Type AmerBermBermBermBermBermAmerBermBermAmerBermBermAmerAmerAmer BulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBullet ---------------------------------------------- Nxt Call Date 08/24/202508/24/202507/29/202509/30/202508/18/202507/01/202508/26/202509/30/202507/05/202507/29/202507/22/202507/05/202511/23/202607/05/2025 ------------------------- S&P AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+ Ratings ------------------------- WR Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1 Moody's Final Maturity 08/21/2508/25/2509/12/2511/24/2511/24/2501/29/2603/13/2603/30/2605/18/2606/22/2608/26/2609/01/2609/30/2611/24/2601/29/2703/26/2704/01/2704/22/2706/11/2709/27/2710/04/2711/12/2704/10/2812/08/2805/17/2 909/24/2901/15/3005/23/3005/23/3005/02/3109/12/3105/26/3202/23/3312/09/3301/17/3403/10/3403/01/2611/01/2611/01/2612/01/2808/01/3004/01/3107/01/3102/01/3205/01/3206/01/3206/01/3209/01/3201/01/3301/01/ 3303/01/3303/01/3302/01/3510/01/3510/01/3511/01/3502/01/3603/01/2805/01/3101/01/35 Cpn 0.560.383.130.560.510.854.381.000.884.401.002.400.951.270.854.504.883.153.506.094.504.133.884.753.953.507.133.884.614.754.884.284.254.884.364.754.003.003.002.502.502.502.003.503.503.503.503.003.503.5 03.003.002.001.501.501.502.001.094.764.58 3.542.843.48 % Port 0.5%0.5%0.7%0.5%0.5%0.6%0.7%0.2%0.7%0.9%0.6%0.5%0.5%0.9%0.5%0.5%0.6%0.9%0.4%0.5%0.5%0.5%0.5%0.6%0.6%0.5%1.9%0.4%0.5%1.2%0.4%0.9%0.5%0.6%0.5%0.6%0.9%0.5%0.0%1.9%1.8%1.4%0.9%1.0%0.9%0.9%0.5%0.9%0.5%0.5 %0.5%0.7%0.4%0.3%0.4%0.2%0.2%0.4%0.5%0.5% 1.3% 22.8%15.4% Issuer FANNIE MAEFANNIE MAEFEDERAL HOME LOAN BANKFEDERAL HOME LOAN BANKFEDERAL HOME LOAN BANKFEDERAL HOME LOAN BANKFEDERAL HOME LOAN BANKFEDERAL HOME LOAN BANKFEDERAL HOME LOAN BANKFEDERAL FARM CREDIT BANKFEDERAL HOME LOAN BANKFEDERAL FARM CREDIT BANKFEDERAL HOME LOAN BANKFEDERAL HOME LOAN BANKFEDERAL HOME LOAN BANKFEDERAL FARM CREDIT BANKFARMER MACFEDERAL HOME LOAN BANKFEDERAL HOME LOAN BANKFANNIE MAEFEDERAL FARM CREDIT BANKFEDERAL FARM CREDIT BANKFEDERAL FARM CREDIT BANKFEDERAL HOME LOAN BANKFEDERAL FARM CREDIT BANKFEDERAL HOME LOAN BANKFANNIE MAEFEDERAL FARM CREDIT BANKFEDERAL HOME LOAN BANKFEDERAL FARM CREDIT BANKFEDERAL HOME LOAN BANKFEDERAL HOME LOAN BANKFEDERAL FARM CREDIT BANKFEDERAL HOME LOAN BANKFEDERAL FARM CREDIT BANKFEDERAL HOME LOAN BANKFreddie MacFreddie MacFreddie MacFannie MaeFreddie MacFannie MaeFannie MaeFreddie MacFannie MaeFannie MaeFannie MaeFannie MaeFannie MaeFannie MaeFannie MaeFannie MaeFannie MaeFannie MaeFannie MaeFannie MaeFannie MaeFannie MaeFannie MaeFannie Mae 3136G4N743135G05X73130AERV43130ALAA23130AKY263130AN7C8313373B683130ALU853130ANFG03133ENZF03130ANM643133EHWV13130AMUF73130APTE53130AKRE83133EP6K631424WAF93130ARJH53130ASGU731364FCB53133EPH813133ERA923 133ETKM83130AXQK73133ENWT33130A35P531359MFJ73133EPKK03130B6GM23133ERDM03130AXEZ73130AS5M73133EPBR53130AXQZ43133EPV693130B0X873131X6NZ93131X7B493128PW2P23138WAQH33132A9Q6731418B2N53138WHJ293132A9TC131 418CKU731418CLS13140J7Q2431410LUN03140J7Y253140J8CQ431418CVE13140H1XB131418DLX83140X7VD831418DTL63140KT5F83140X9C783140LBSE43140NU7C73140NXGS6 CUSIP 101113262837454752566567728086919294101105107108116140146159166168169188192196202207208209 Agency 437577139177186191193195197198199200201203204211213214215216 Agency Pass Through 114187210 CMBS ID Portfolio Analysis Positions by Sector 211 Eff Cvx 0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.10.10.10.10.10.10.10.10.10.10.10.10.10.10.20 .20.2 (0.5)(0.3) Eff Dur 0.10.10.10.10.20.20.20.20.20.20.30.30.30.30.30.40.40.40.40.50.50.50.50.60.60.70.70.80.90.91.01.01.01.01.11.11.21.21.21.31.31.31.41.41.41.51.51.71.61.80.51.81.92.42.52.72.72.72.82.82.82.82.82.82.83.03 .13.53.53.6 0.10.10.10.10.20.20.20.20.20.20.30.30.30.30.30.40.40.40.40.50.50.60.60.60.70.70.70.90.91.01.01.01.01.01.11.11.21.21.21.31.41.41.41.51.51.61.61.81.91.91.91.92.02.62.72.92.92.93.03.03.03.03.03.03.03.23 .43.93.94.0 WAM Yield 4.414.424.364.364.374.424.424.424.424.444.394.384.484.354.364.314.464.464.344.374.274.254.274.164.144.134.094.124.084.064.074.054.034.034.054.043.964.054.054.044.044.044.004.044.034.034.003.994.004.0 04.214.004.004.024.024.014.034.034.014.004.033.384.013.424.004.044.054.054.054.06 Market BookYield 0.655.465.225.245.014.374.474.424.424.394.384.364.684.754.754.894.444.390.605.104.400.550.454.404.224.274.324.990.504.294.955.001.000.950.804.200.954.294.344.644.905.314.304.344.294.594.654.653.353.2 04.493.204.854.194.194.504.804.194.304.154.034.544.604.544.001.405.054.704.704.10 1 (0)(0)(9)(1) 28 G / L(27)(31)(11)(19)(72) 190275296236162320318548807153370123216410516445705852995901263985375 (557) 1,8012,0562,2571,9142,7974,2461,0552,1392,4772,7003,9391,0023,1745,1361,0441,9471,0128,1364,0117,8507,7385,6885,688 (4,010)(4,975)(5,124)(8,070)(7,482)(7,624)(8,619)(8,354)(2,868)(3,514)(3,558) (18,893) © 2025 Wells Fargo Bank, N.A. All rights reserved. 10 Price 99.7799.7099.9999.9999.9999.9798.3697.9797.9199.9496.7196.9596.8996.4896.5298.8398.5798.5592.29 Market 100.11100.12100.10100.01100.00100.00100.00100.00100.07100.13100.13100.23100.33100.06100.05100.09100.16100.74100.21100.85100.91100.18100.28100.34100.77101.13101.71100.41100.42100.36100.86101.02101.111 00.11101.59100.40100.40101.31102.07100.42100.80100.41100.00103.27101.64103.15100.00103.12102.33102.33100.15 Price Book 99.6199.79 100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.001 00.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.0010 0.00100.00 Price 94.9099.77 100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.001 00.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.0010 0.00100.00 Acquired Date 07/14/202006/17/202405/14/202406/17/202408/17/202306/16/202506/18/202506/16/202506/16/202506/16/202510/03/202206/16/202510/21/202210/21/202210/27/202211/18/202211/25/202411/25/202412/08/202006/17/202 406/18/202502/01/202102/01/202105/27/202505/20/202505/27/202506/16/202505/03/202412/08/202012/01/202206/17/202406/17/202407/08/202107/07/202108/05/202106/16/202509/02/202106/16/202506/12/202510/27/20 2205/14/202411/22/202311/25/202406/05/202506/18/202508/02/202408/11/202303/28/202405/10/202205/10/202205/20/202505/19/202206/20/202401/16/202402/13/202405/12/202305/17/202405/21/202506/12/202506/12/2 02506/13/202506/20/202306/25/202406/20/202306/23/202508/05/202111/27/202305/29/202405/29/202406/06/2025 Par 245,000225,000246,000243,000244,000250,000247,000247,000247,000250,000245,000246,000244,000245,000249,000243,000249,000249,000245,000243,000244,000245,000245,000242,000242,000242,000250,000243,000245 ,000249,000243,000248,000245,000245,000245,000250,000240,000250,000249,000249,000248,000248,000244,000249,000249,000249,000244,000244,000245,000245,000244,000245,000248,000249,000249,000243,000248,00 0249,000244,000244,000249,000249,000244,000249,000245,000245,000248,000244,000244,000244,000 Call Type AmerBermAmerAmerAmer BulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletB ulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBullet ----------------------------------------------------------------- Nxt Call Date 08/11/202507/22/202511/17/202511/23/202507/25/2025 ---------------------------------------------------------------------- S&P Ratings ---------------------------------------------------------------------- Moody's Final Maturity 07/22/2507/30/2508/18/2508/21/2508/25/2509/19/2509/22/2509/29/2509/29/2509/29/2510/06/2510/27/2510/28/2511/03/2511/04/2511/24/2512/05/2512/05/2512/11/2512/18/2512/30/2501/22/2601/22/2602/20/2602/27/2 603/02/2603/20/2605/14/2606/11/2606/15/2606/26/2606/29/2607/14/2607/15/2608/13/2608/20/2609/10/2609/25/2609/25/2611/02/2611/16/2611/30/2612/07/2612/18/2612/28/2602/08/2702/18/2704/05/2705/17/2705/19/ 2705/21/2705/25/2706/28/2701/19/2802/23/2805/16/2805/30/2806/02/2806/16/2806/20/2806/27/2806/28/2806/28/2806/29/2806/30/2808/25/2811/30/2805/30/2905/30/2906/13/29 Cpn 0.650.755.205.205.054.354.454.404.404.354.404.354.704.704.704.904.404.350.605.104.400.550.454.104.254.304.355.000.504.254.954.951.000.950.804.200.954.254.304.604.855.254.304.304.254.554.654.653.353.2 04.503.204.804.154.154.504.754.154.304.154.004.504.604.504.001.405.004.704.704.10 % Port 0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2 %0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2% Issuer BANK OF BARODACONNEXUS CREDIT UNIONFLAGSTAR BANK NAHOMETRUST BANK CLYDE NCAMERANT BANK NASIMMONS BANK/PINE BLUFFNORTHPOINTE BANKKENNEBEC SAVINGS BANKDIME COMMUNITY BANKAUSTIN CAPITAL BANK SSBAMERICAN EXPR NATL BKCIVISTA BANKFIRST-CITIZENS BANK/TRSTUBS BANK USAFLUSHING BANKCITY NATL BK - BEV HILLSSKYLA FEDERAL CUKEMBA FIN CREDIT UNIONJONESBORO ST BANKHARBORONE BANKWESTERN ALLIANCE BANKBANKUNITED NACONNECTONE BANKOPTUS BANKSOUTHSTATE BANK NAFIRST BANK OF THE LAKEPREFERRED BANK LA CALIFATLANTIC UNION BANKLUANA SAVINGS BANKCOMMUNITY BANK/TOPEKAFIRST PREMIER BANKFARMERS & MERCHS BK WISCSALLIE MAE BANK/SALT LKETOYOTA FINANCIAL SGS BKLIVE OAK BANKING COMPANYPROVIDENT SAVINGS BANKSYNCHRONY BANKHENDERSON STATE BANKSOUTHERN FIRST BANK NAFORBRIGHT BANKEAGLEBANKLAFAYETTE FEDERAL CUWINGS FINANCIAL CRED UNOREGON ST CREDIT UNIONCORP AMERICA FAMILY CUAUSTIN TELCO FCUFIRST FOUNDATION BANKEAGLEMARK SAVINGS BANKMORGAN STANLEY PVT BANKCAPITAL ONE NAJP MORGAN CHASE BANK NACAPITAL ONE NAGE CREDIT UNIONCARTER FEDERAL CUALABAMA CREDIT UNIONBMO BANK NAGLOBAL FEDERAL CUSOUND CREDIT UNIONSTATE BANK OF INDIAVALLEY NATL BK WAYNEFIRST CAROLINA BANKFEDERAL SAVINGS BANKFIRST MERCHANTS BANKUNITED FIDELITY BK FSBSTAR BANK NA BERTHA MNCELTIC BANKROCKLAND FEDE CRED UNIONMONET BANKBEAL BANK USABMW BANK NORTH AMERICA 06063HMT720825WAD233847GHB143787PFY402357QCA382869ALZ6666613QP2489265GF925432JEN905220JBB602589AE2417886TBH1319477AN590348J6V734387AFF1178180GS883086XAB648836LBW148040PJT341166HEB895763PXU0066519QC62 0786ADE268405NAK384476JBZ931925YCT7740367WK904911LAT0549104UP020360UAH833610RVM2307811KB47954507A789235MLC3538036SB1744039CX487164WB49425246CL784287PKU534520LAU727002YGP550625LBR397412MBE868609EAG621 9873AK2052392DD632026UW7727004PEP461768U4F1254673D9446657V4F414042RRN3369674CW414622LAR301025RAL305600XQE337892MAN483616HAH7856288BU8919853QU831944MEX9313812EG032082BFU8910286GN785508VBL215118RWG8773 57DAB407371BVU207371DR6605612LFF4 CUSIP 4579121415161718212223242527303132333435364041444651535457585960626468697078798183848587909396979899102109112119120122123124125126127128130134138147148150 ID Portfolio Analysis Positions by Sector 212 Eff Cvx 0.20.20.20.20.20.20.20.20.20.20.20.20.20.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.10.10.10.10.10.10.10.10.10.10.10.10.10.20.20.20.20.20.20.20.20.20.30.20.30.30.10.30.30.20.50.60.80.20.00.0 0.10.00.20.2 (0.1) Eff Dur 3.63.63.63.63.63.63.94.14.44.54.54.54.40.00.00.00.10.20.40.60.70.80.91.01.31.61.71.41.92.12.22.52.62.82.72.92.92.93.03.03.43.53.53.53.63.73.84.24.24.34.34.44.44.95.14.83.25.15.63.46.66.87.93.70.10.2 1.70.03.13.7 4.04.04.04.04.04.04.44.55.05.05.05.05.00.00.00.00.10.30.40.60.80.81.01.11.31.61.81.92.02.12.32.62.82.92.93.03.13.13.13.23.63.73.93.94.14.14.34.44.54.94.95.15.25.35.55.65.85.96.06.77.98.35.20.10.3 1.90.03.65.2 WAM 10.1 Yield 4.084.084.084.064.084.084.083.144.064.064.064.084.064.154.201.944.254.314.324.144.014.124.174.023.934.144.204.173.843.943.954.113.904.043.994.214.164.143.884.144.043.954.034.014.163.904.164.314.154.2 14.144.134.074.004.324.124.364.354.264.474.454.515.054.214.314.26 4.114.184.104.21 Market BookYield 4.034.144.144.554.544.595.314.104.304.004.004.034.504.154.201.940.772.900.664.881.041.064.913.320.981.754.925.041.051.284.861.901.491.504.835.104.704.614.824.944.944.084.314.922.794.355.344.944.944.3 84.634.384.304.464.694.562.264.504.324.794.664.644.801.034.290.28 4.024.183.491.03 000 0 G / L(52) 467487790 (445)(631)(631)(541)(388) 4,3744,1274,6059,7192,6234,8741,0381,1068,8082,2113,7224,7626,6607,8065,2218,2818,3973,2078,6705,9294,3121,6093,0553,7917,9399,7241,6582,0886,7395,8445,902 (2,516)(4,521)(2,285)(3,345)(4,901)(6,434) 12,01710,01715,36822,64010,35113,143 47,524 (14,209)(17,704)(37,838)(15,992)(24,174)(46,575)(27,288)(22,395)(10,023)(11,718)(34,160) (45,082)(34,160) © 2025 Wells Fargo Bank, N.A. All rights reserved. 11 Price 99.8299.7499.7499.7899.7099.6598.5598.0997.8197.6797.1598.1897.5296.2894.7894.6396.2594.5593.7993.1892.5395.6196.0792.3492.8392.4490.6497.9089.7591.3590.5688.7394.3586.9599.6288.6199.4199.00 98.0488.61 Market 100.19100.20101.79101.66101.85104.85103.98101.07102.00 100.23 100.00100.00 100.00 100.00100.69102.37103.45103.45104.46104.16103.62103.47103.78104.00106.59104.34103.35106.32103.62102.25 Price Book 99.99 97.6896.4898.9299.4394.3990.1994.1394.7789.7990.5989.6490.2499.0987.4288.3788.5487.1086.69 98.26 99.4299.99 100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.06100.00100.16101.36100.00101.16100.11100.00100.00100.00100.00101.12102.45101.16102.381 02.42102.70101.60102.81105.51102.12101.03102.56105.17102.25101.34101.57100.00 100.00100.00 Price 93.8491.0096.0499.0690.8085.5889.8290.9482.3483.9385.6190.1698.7983.5384.8584.8185.0186.6299.3699.86 99.9497.71 100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00 100.00 100.00100.05100.00100.71100.00100.93105.36100.00102.05100.38100.01100.00100.00100.00101.81102.52101.5 8106.50103.47102.75101.94103.79106.11102.52101.58102.60105.51102.26101.42101.59100.00 100.00 Acquired Date 06/13/202506/12/202506/16/202506/20/202406/20/202406/25/202411/09/202312/22/202306/06/202506/13/202506/13/202506/23/202503/28/202406/30/202506/18/202502/16/202206/25/202101/13/201607/30/202006/28/202 403/11/202106/25/202111/30/202305/24/202207/22/202112/16/202104/23/202411/30/202307/29/202010/23/202011/29/202312/16/202103/11/202103/11/202107/06/202311/29/202312/01/202212/07/202212/01/202212/01/20 2211/29/202306/18/202505/20/202511/16/202306/11/201906/20/202310/23/202311/29/202311/30/202305/27/202506/17/202405/30/202312/09/202406/26/202306/17/202406/18/202401/19/202205/27/202506/18/202512/16/2 02406/16/202512/16/202405/09/202509/15/202006/25/202510/02/2020 Par 90,00090,000 249,000249,000249,000244,000249,000249,000248,000244,000244,000245,000245,000249,000244,000550,000850,000110,000300,000250,000650,000710,000165,000310,000985,000700,000182,753300,000450,000200,000750 ,000400,000205,000285,000675,000600,000205,000370,000300,000200,000320,000465,000500,000500,000500,000255,000145,000210,000140,000875,000350,000650,000485,000440,000150,000210,000800,000585,000425,00 0650,000600,000300,000 300,000 650,000 4,347,9987,282,5892,000,000 20,410,00011,630,58720,137,753 - Call Type AmerAmerAmerAmerAmer BulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletB ulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBullet ------------------------------------------------------------- Nxt Call Date 08/01/202608/01/202801/01/202812/30/202806/15/2030 --------------------------- A+ AAAAAAAAAAAAAAAA NR S&P AA-AA-AA-AA- AA+AA+AAAAAAAA+AAAAA+AAAAA+AAAAAAAAAAA+AA+AAAAAAAA+AA+AAAAA+AAAAAAAA+AA+AA+ Ratings ----------------------------- WRAaaAaaAaaAaaAaaAaaAaaAaaAaa Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa3Aa1Aa1Aa2Aa3Aa1Aa2Aa2Aa1Aa2Aa2Aa1Aa2Aa1Aa2Aa3Aa3Aa3Aa2Aa1 Moody's Final Maturity 06/20/2906/20/2906/25/2906/27/2906/28/2907/05/2911/30/2912/31/2906/11/3006/17/3006/18/3006/28/3007/03/3007/01/2508/01/2510/01/2512/01/2502/01/2604/01/2605/01/2606/15/2608/01/2611/01/2602/15/2705/01/2 706/01/2707/01/2708/15/2710/01/2702/15/2804/01/2805/15/2806/01/2806/30/2808/01/2808/01/2808/01/2809/01/2802/01/2903/15/2905/15/2906/01/2908/01/2908/15/2910/01/2912/01/2901/01/3006/01/3006/01/3008/15/ 3009/01/3010/01/3012/30/3002/01/3104/01/3106/01/3106/15/3103/01/3206/01/3310/01/3308/01/3509/10/3008/19/2509/30/25 Cpn 4.004.104.104.554.504.555.254.104.304.004.004.004.504.154.201.950.772.910.790.811.041.251.102.302.001.754.605.891.111.282.201.901.501.515.251.532.632.771.221.701.751.215.005.253.605.005.101.742.025.0 05.005.005.501.992.005.002.575.001.766.295.004.845.001.030.000.25 3.954.182.991.03 % Port 0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%4.0%6.6%0.5%0.8%0.1%0.3%0.2%0.6%0.6%0.1%0.3%0.9%0.1%0.6%0.2%0.3%0.4%0.2%0.1%0.7%0.4%0.2%0.2%0.6%0.5%0.2%0.3%0.2%0.2%0.3%0.4%0.5%0.5%0.5%0.2%0.1%0.2 %0.1%0.8%0.3%0.5%0.4%0.4%0.1%0.2%0.6%0.6%0.4%0.6%0.6%0.3%1.8%0.6% 0.3% 18.6%10.6%18.0% Issuer GBANKTEXAS EXCHANGE BANK SSBBOM BANKCUSTOMERS BANKMEDALLION BANK UTAHCARTER BANK & TRUSTUSALLIANCE FED CR UNIONLEDYARK NBK/NORWICH VTMORGAN STANLEY BANK NAPOPPY BANKBNY MELLON NAJEANNE D'ARC CREDIT UNMIZRAHI TEFAHOT BANK/LAOLD NAT CHKFirst American Treasury ObligaUNIV OF WASHINGTON WA UNIV REVLOS ANGELES CA CMNTY CLG DISTTAMPA BAY FL WTR REGL WTR SPLYCALIFORNIA ST DEPT OF WTR RESOSHAKOPEE MN INDEP SCH DIST #72SAN DIEGO CNTY CA REGL TRANSPRWILLIAMSTON MI CMNTY SCHS SCHSAN FRANCISCO CA CITY & CNTYSAN DIEGO CA CMNTY CLG DISTVIRGINIA ST RESOURCES AUTH INFPORT AUTH OF NEW YORK & NEW JECANADIAN CNTY OK INDEP SCH DISOREGON STWISCONSIN ST TRANSPRTN REVENUEMASSACHUSETTS ST SCH BLDG AUTHOAK CREEK WIPORT AUTH OF NEW YORK & NEW JESAN DIEGO CNTY CA REGL TRANSPRTEXAS ST A & M UNIV REVENUESN E IA CMNTY CLGOREGON EDU DISTS FULL FAITH &NEW YORK NYNEW YORK CITY NY TRANSITIONALSAN JOSE CA UNIF SCH DIST SANTLOS ANGELES CACINNAMINSON TWP NJSUSSEX CNTY DEAVON CTHENDERSON NVDOWNTOWN SAVANNAH GA AUTHNORTHSIDE TX INDEP SCH DISTCALIFORNIA STALTOONA PA AREA SCH DISTDOWNERS GROVE ILNEWINGTON CTN E IA CMNTY CLGMAGNOLIA TX INDEP SCH DISTAUSTIN TXMISSISSIPPI STBENSENVILLE ILROCHESTER MNBAY AREA CA TOLL AUTH TOLL BRINEWINGTON CTPORTLAND ORHOUSTON TXN LIBERTY IAHAWAII STWINCHESTER VA ECON DEV AUTH ANSmall Business AdministrationTREASURY BILLUS TREASURY N/B 36830MBP588241TWF309776DAU823204HPQ558404DVL2146102AS790352RDH5523343AB761690D6E373319FDY205584CY59472207AL360685BSA0Checking31846V54291523NWV454438CYK2875124GS213067WRC8819190WU9797400MR6970294DD379 773KBH6797272QR592818N5U873358XDB5135537GZ568607LXQ5977123X94576000ZG1671137C6273358XDC3797400MT288213ARR8664214PS668587FAY064966QCE864971WN89798186P30544351PT0172513CN1869257PG4054033SC0425201AZ3261 172QE366702RZE513063D2W7021807MB5260741SL8651469TE8664214QD8559686WU0052397Z58605581QQ3082419F56771588WJ5072024WS7651469TF5736679C58442331S62660459SC3419792M86973123AL6831641FQ3912797QK691282CAM3 CUSIP 151152153154155156162164172173174175176 Certificate of Deposit 12 MMF 362029384850556176899510010310410611111511812112913113213313614214414514915715816016316517017117817918218318418518919019420520621 2 Municipal 180 SBA 819 ID Portfolio Analysis Positions by Sector 213 Eff Cvx 0.00.00.00.00.00.00.00.00.00.00.10.10.10.10.10.10.10.20.20.3 0.10.0 Eff Dur 0.60.60.81.11.11.21.31.31.41.62.52.52.72.93.03.33.33.94.24.6 1.92.1 0.60.70.81.11.21.31.31.31.41.62.62.72.83.23.33.63.74.34.75.3 2.13.0 WAM Yield 4.214.174.083.963.953.913.913.893.863.813.713.703.713.713.723.733.733.773.773.83 3.934.12 Market BookYield 4.441.734.401.110.851.764.131.891.744.254.344.191.323.844.084.163.863.894.084.08 3.363.44 G / L 845 1,4511,7223,9738,6907,3802,2986,7322,5842,9467,6667,257 (8,705)(3,679)(3,900)(7,064) 17,069 (31,185)(23,114)(28,620) (42,144) (795,352) © 2025 Wells Fargo Bank, N.A. All rights reserved. 12 Price 99.8797.6099.7497.3296.3897.2497.0996.9597.5592.7693.45 99.3699.23 Market 100.27100.75101.96103.59100.89101.75101.41100.96103.75 Price Book 99.7399.1999.5099.8899.8499.9999.6599.8496.8991.3199.5299.8199.4699.68 99.6699.95 100.43101.57102.46101.32100.92102.54 Price 99.0895.2798.5599.5099.1599.9898.2999.2094.0788.1299.2699.5499.3399.65 99.19 101.78101.59102.85101.33100.93102.78 100.05 Acquired Date 12/01/202303/02/202212/01/202312/01/202108/26/202110/28/201912/09/202411/07/201911/29/201912/01/202306/20/202412/01/202305/12/202106/18/202512/09/202406/20/202406/18/202506/18/202512/09/202412/09/202 4 Par 600,000550,000600,000105,000150,000600,000275,000800,000600,000600,000600,000450,000600,000600,000600,000600,000600,000600,000 1,000,0001,200,000 14,380,000 109,849,806 Call Type BulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBullet -------------------- Nxt Call Date -------------------- S&P Ratings Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1 Moody's Final Maturity 02/15/2602/28/2604/15/2608/15/2608/31/2609/30/2610/31/2610/31/2611/30/2602/15/2701/31/2802/29/2804/30/2808/31/2810/31/2801/31/2902/28/2910/31/2902/28/3009/30/30 Cpn 4.000.503.751.500.751.634.131.631.632.250.754.001.254.384.884.004.254.134.004.63 2.533.34 % Port 0.5%0.5%0.5%0.9%0.1%0.1%0.5%0.2%0.7%0.5%0.5%0.5%0.4%0.6%0.6%1.1%0.6%0.6%0.5%0.6% 13.1% 100.0% Issuer US TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/BUS TREASURY N/B 91282CGL991282CBQ391282CGV79128282A791282CCW9912828YG991282CLS8912828YQ7912828YU8912828V9891282CBJ991282CGP091282CBZ391282CHX291282CJF991282CJW291282CKD291282CLR091282CGQ891282CHZ7 CUSIP 39424963667173748288110113117135137141143161167181 TreasuryTotal Portfolio ID Portfolio Analysis Positions by Sector 214 Eff Cvx 0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0 0.00.0 Eff Dur 0.00.00.00.10.10.10.10.10.10.10.20.20.20.20.20.20.20.20.20.20.30.30.30.30.30.40.40.40.40.40.40.40.50.50.50.50.60.60.60.60.60.60.30.70.70.70.70.70.80.80.80.90.90.90.90.01.01.01.0 0.00.4 0.00.00.00.10.10.10.10.10.10.10.20.20.20.20.20.20.20.20.30.30.30.30.30.30.30.40.40.40.40.40.40.40.50.50.60.60.60.60.60.60.70.70.70.70.70.70.70.80.80.80.90.90.91.01.01.01.01.01.0 0.00.5 WAM Yield 4.154.201.944.414.424.254.364.314.364.394.444.374.444.424.424.424.424.444.264.314.394.384.484.354.364.424.314.424.324.464.464.344.374.274.254.274.334.144.214.164.144.175.024.134.094.094.204.014 .084.124.124.134.084.064.174.444.074.054.03 4.184.26 Market Yield 4.154.201.940.655.460.775.224.295.240.560.435.010.614.374.474.424.424.390.282.904.384.364.684.754.750.564.890.550.664.444.390.605.104.400.550.450.854.884.444.404.221.733.534.273.214.321.011.044 .401.064.990.880.504.294.914.444.955.001.00 Book4.182.83 0000 0 (0)(0)(9) 28 (52)(27)(31)(11)(19)(72) G / L 190275296236162320318548807153845370123216410516 (557)(388) 1,0381,4511,8011,1062,0562,257 (2,516)(2,681)(3,019)(5,737)(6,434)(9,083)(7,596)(4,521)(4,010)(4,975)(5,124)(8,705)(6,715)(4,705)(5,835)(8,070)(7,482) (13,795)(14,209)(17,704)(22,389) (143,470) © 2025 Wells Fargo Bank, N.A. All rights reserved. 13 Price 99.7799.7099.7099.4199.4699.3999.7499.9999.9999.0099.6598.4998.4798.5599.9999.9798.3697.9797.9198.0398.0999.8799.9497.6099.4497.6697.8199.7497.6797.2096.7197.15 99.29 96.95 100.00100.00 100.00 100.00100.11100.12100.10100.01100.00100.00100.00100.00100.07100.13100.13100.23100.33100.06100.05100.09100.19100.16100.74100.21100.00100.85100.91 Market Price Book 99.6199.4299.9999.9999.9997.6899.7399.7999.1999.5096.48 99.91 100.00100.00100.00100.00100.00100.00100.00100.00100.00100.50100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.06100.00100.00100.00100.00100.00100.00100.00100.00100.001 00.12100.00100.80100.00100.00100.00100.16100.00100.00100.00100.00100.00100.00100.00100.00 100.00 Price 94.9099.3699.7399.8699.8399.9993.8499.0899.7795.2799.9798.5591.00 100.00100.00 100.00 100.00100.00100.05100.00100.00100.00100.00110.02100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.71100.00100.00100.00100.00100.00100.00100.00100.0 0102.58100.00103.98100.00100.00100.93100.00100.00100.00100.00100.00100.00100.00 100.18 100.00 Acquired Date 06/30/202506/18/202502/16/202207/14/202006/17/202406/25/202105/14/202406/25/202506/17/202408/18/202012/08/202008/17/202309/01/202106/16/202506/18/202506/16/202506/16/202506/16/202510/02/202001/13/201 610/03/202206/16/202510/21/202210/21/202210/27/202202/09/202111/18/202202/18/202107/30/202011/25/202411/25/202412/08/202006/17/202406/18/202502/01/202102/01/202107/21/202106/28/202412/01/202305/27/20 2505/20/202503/02/202203/08/201105/27/202507/18/202206/16/202504/01/202103/11/202112/01/202306/25/202105/03/202408/02/202112/08/202012/01/202211/30/202306/21/202206/17/202406/17/202407/08/2021 Par 550,000245,000225,000850,000246,000243,000500,000500,000244,000750,000250,000247,000247,000247,000250,000650,000110,000245,000246,000244,000245,000249,000600,000243,000500,000300,000249,000249,000245 ,000243,000244,000245,000245,000700,000250,000600,000242,000242,000550,000242,000770,000250,000250,000650,000600,000710,000243,000800,000245,000249,000165,000243,000248,000245,000 4,347,9987,282,5892,000,0001,000,0001,000,000 11,630,58723,195,000 - Call Type BermBermBermBermBermBerm AmerAmerAmer BulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletB ulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBullet --------------------------------------------------- Nxt Call Date 08/24/202508/24/202508/11/202507/22/202507/29/202509/30/202508/18/202507/01/2025 ------------------------------------------- NR S&P AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+ AAAAAA Ratings -------------------------------------- WRWR Aaa Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1 Moody's Final Maturity 07/01/2507/22/2507/30/2508/01/2508/18/2508/19/2508/21/2508/21/2508/25/2508/25/2509/12/2509/19/2509/22/2509/29/2509/29/2509/29/2509/30/2510/01/2510/06/2510/27/2510/28/2511/03/2511/04/2511/24/2511/24/2 511/24/2512/01/2512/05/2512/05/2512/11/2512/18/2512/30/2501/22/2601/22/2601/29/2602/01/2602/15/2602/20/2602/27/2602/28/2603/01/2603/02/2603/13/2603/20/2603/30/2604/01/2604/15/2605/01/2605/14/2605/18/ 2606/11/2606/15/2606/15/2606/22/2606/26/2606/29/2607/14/26 Cpn 4.154.201.950.650.750.775.200.005.200.560.385.053.134.354.454.404.404.350.252.914.404.354.704.704.700.564.900.510.794.404.350.605.104.400.550.450.850.814.004.104.250.504.004.304.384.351.001.043.751.2 55.000.880.504.251.104.404.954.951.00 4.182.43 % 4%7%1%0%0%1%0%2%0%0%0%0%1%0%0%0%0%0%1%0%0%0%0%0%0%1%0%0%0%0%0%0%0%0%0%0%1%0%1%0%0%0%1%0%1%0%0%1%1%1%0%1%0%0%0%1%0%0%0% 11%21% Port Issuer OLD NAT CHKFirst American Treasury ObligaUNIV OF WASHINGTON WA UNIV REVBANK OF BARODACONNEXUS CREDIT UNIONLOS ANGELES CA CMNTY CLG DISTFLAGSTAR BANK NATREASURY BILLHOMETRUST BANK CLYDE NCFANNIE MAEFANNIE MAEAMERANT BANK NAFEDERAL HOME LOAN BANKSIMMONS BANK/PINE BLUFFNORTHPOINTE BANKKENNEBEC SAVINGS BANKDIME COMMUNITY BANKAUSTIN CAPITAL BANK SSBUS TREASURY N/BTAMPA BAY FL WTR REGL WTR SPLYAMERICAN EXPR NATL BKCIVISTA BANKFIRST-CITIZENS BANK/TRSTUBS BANK USAFLUSHING BANKFEDERAL HOME LOAN BANKCITY NATL BK - BEV HILLSFEDERAL HOME LOAN BANKCALIFORNIA ST DEPT OF WTR RESOSKYLA FEDERAL CUKEMBA FIN CREDIT UNIONJONESBORO ST BANKHARBORONE BANKWESTERN ALLIANCE BANKBANKUNITED NACONNECTONE BANKFEDERAL HOME LOAN BANKSHAKOPEE MN INDEP SCH DIST #72US TREASURY N/BOPTUS BANKSOUTHSTATE BANK NAUS TREASURY N/BFreddie MacFIRST BANK OF THE LAKEFEDERAL HOME LOAN BANKPREFERRED BANK LA CALIFFEDERAL HOME LOAN BANKSAN DIEGO CNTY CA REGL TRANSPRUS TREASURY N/BWILLIAMSTON MI CMNTY SCHS SCHATLANTIC UNION BANKFEDERAL HOME LOAN BANKLUANA SAVINGS BANKCOMMUNITY BANK/TOPEKASAN FRANCISCO CA CITY & CNTYFEDERAL FARM CREDIT BANKFIRST PREMIER BANKFARMERS & MERCHS BK WISCSALLIE MAE BANK/SALT LKE CUSIP Checking31846V54291523NWV406063HMT720825WAD254438CYK233847GHB1912797QK643787PFY43136G4N743135G05X702357QCA33130AERV482869ALZ6666613QP2489265GF925432JEN905220JBB691282CAM3875124GS202589AE2417886 TBH1319477AN590348J6V734387AFF13130ALAA2178180GS83130AKY2613067WRC883086XAB648836LBW148040PJT341166HEB895763PXU0066519QC620786ADE23130AN7C8819190WU991282CGL968405NAK384476JBZ991282CBQ33131X6NZ931925Y CT7313373B68740367WK93130ALU85797400MR691282CGV7970294DD304911LAT03130ANFG0549104UP020360UAH879773KBH63133ENZF033610RVM2307811KB47954507A7 ID 12 Year 0 345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152535455565758 Year 1 59 Portfolio Analysis Positions by Maturity 215 Eff Cvx 0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.1 (0.2)(0.5)(0.3) (0.0) Eff Dur 1.01.01.11.11.11.11.11.11.21.21.21.21.21.31.30.61.30.61.31.31.41.31.41.41.41.41.51.51.61.61.51.61.61.71.61.71.61.80.51.81.41.91.91.92.12.12.22.12.22.42.52.52.52.52.72.62.62.72.82.72.72.72.72.82.8 1.4 1.01.11.11.11.11.21.21.21.21.21.21.31.31.31.31.31.31.31.31.41.41.41.41.41.51.51.61.61.61.61.61.71.81.81.81.81.91.91.91.91.91.92.02.02.12.22.32.32.42.62.62.62.72.72.72.82.82.82.92.92.92.92.93.03.0 1.5 WAM Yield 4.034.024.053.964.044.073.954.083.964.054.053.914.053.913.894.853.934.904.044.044.024.043.864.004.044.033.994.033.814.144.003.833.923.994.034.204.004.004.214.004.173.884.003.843.943.773.953.863 .854.023.714.114.023.703.973.903.763.714.044.014.033.994.034.014.00 4.02 Market Yield 0.953.320.801.114.201.000.854.420.954.294.341.761.004.131.892.700.983.024.644.901.375.311.744.304.344.294.154.594.251.754.654.494.444.653.244.923.353.204.493.205.044.314.851.051.283.834.864.304 .084.194.341.904.194.194.501.493.861.321.504.504.804.834.194.304.15 Book3.05 (0) G / L 445705852995901263723985 2,2501,7221,9142,7974,2461,0551,4162,1393,9732,4776,5685,2872,7008,8082,2113,1663,9393,7225,7053,1328,6901,0027,3806,5071,6413,1745,1364,7621,0441,9471,012 (7,624)(2,285)(8,619)(3,679)(8,354)(3,900)(7,064)(7,137)(3,345)(2,868)(3,514)(3,558)(4,901) (31,185)(24,028)(18,395)(37,838)(35,685)(23,114)(13,575)(15,992)(24,174)(46,575)(28,620)(27,288) (192,419) © 2025 Wells Fargo Bank, N.A. All rights reserved. 14 Price 96.8998.1896.4897.3296.5796.3898.1096.5297.2496.2697.0998.7497.5298.8596.2996.9595.2497.5596.2898.4898.8398.5798.5599.30 98.58 94.7894.6396.2592.7694.5592.6093.7993.4593.18 100.18100.28100.34100.27100.77101.13101.71100.41100.42100.36100.86101.02101.10101.60101.11100.69100.11102.37101.59104.93101.37100.62100.40100.40100.75100.31101.31102.07103.45100.42100.80100.41 Market Price Book 98.9299.8897.7299.8499.9499.9999.6599.8699.8495.0196.8999.8399.4398.5094.3991.3199.5291.3099.81 99.68 100.00100.00100.43100.00100.00100.00100.00100.00100.17101.36100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.01100.72100.00100.00100.00100.00100.00101.16100.00100.11100.00104.80100.421 00.10100.00100.00100.00100.00100.04100.00100.00100.00101.12100.00100.00100.00 Price 96.0499.5094.8399.1599.7499.9898.2999.5399.2093.3294.0799.5499.0697.38 99.61 90.8088.1299.2688.3299.54 100.00100.00101.78100.00100.00100.00100.00100.00101.87105.36100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.02101.33100.00100.00100.00100.00100.00102.05100.00100.38100.01109.85100.721 00.12100.00100.00100.00100.00100.04100.00100.00100.00101.81100.00100.00100.00 Acquired Date 07/07/202105/24/202208/05/202112/01/202106/16/202508/11/202108/26/202112/01/202309/02/202106/16/202506/12/202510/28/201906/18/202112/09/202411/07/201910/19/201107/22/202111/18/201110/27/202205/14/202 412/02/202111/22/202311/29/201911/25/202406/05/202506/18/202512/09/202408/02/202412/01/202312/16/202108/11/202306/20/202412/01/202303/28/202404/14/202204/23/202405/10/202205/10/202205/20/202505/19/20 2211/30/202312/01/202306/20/202407/29/202010/23/202012/01/202211/29/202312/01/202312/09/202401/16/202406/20/202412/16/202102/13/202412/01/202306/20/202403/11/202106/18/202505/12/202103/11/202105/12/2 02305/17/202407/06/202305/21/202506/12/202506/12/2025 1 Par 90,00090,000 245,000310,000245,000250,000700,000105,000600,000240,000250,000249,000150,000500,000600,000275,000501,013985,000249,000248,000248,000800,000244,000249,000249,000600,000249,000600,000244,000600,000600 ,000244,000700,000245,000245,000244,000245,000182,753400,000248,000300,000450,000570,000200,000600,000600,000249,000600,000249,000600,000500,000750,000600,000450,000400,000243,000248,000205,000249,00 0244,000244,000 1,000,0001,000,0001,000,000 17,473,767 --- Call Type BermBermBermBerm AmerAmerAmer BulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletB ulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBullet ---------------------------------------------------------- Nxt Call Date 08/26/202509/30/202507/05/202507/29/202507/22/202511/17/202511/23/2025 ------------------------------------------- A+ AA AA-AA- S&P AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+ AAAAAAAAAAAA Ratings ---------------------------------- Aaa Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa3Aa1Aa1Aa1Aa1Aa1Aa1Aa2Aa1Aa1Aa1Aa3Aa1Aa1Aa1Aa1 Moody's Final Maturity 07/15/2608/01/2608/13/2608/15/2608/20/2608/26/2608/31/2609/01/2609/10/2609/25/2609/25/2609/30/2609/30/2610/31/2610/31/2611/01/2611/01/2611/01/2611/02/2611/16/2611/24/2611/30/2611/30/2612/07/2612/18/2 612/28/2601/29/2702/08/2702/15/2702/15/2702/18/2703/26/2704/01/2704/05/2704/22/2705/01/2705/17/2705/19/2705/21/2705/25/2706/01/2706/11/2706/28/2707/01/2708/15/2709/27/2710/01/2710/04/2711/12/2701/19/ 2801/31/2802/15/2802/23/2802/29/2803/01/2804/01/2804/10/2804/30/2805/15/2805/16/2805/30/2806/01/2806/02/2806/16/2806/20/28 Cpn 0.952.300.801.504.201.000.752.400.954.254.301.630.954.131.633.002.003.004.604.851.275.251.634.304.304.250.854.552.251.754.654.504.884.653.154.603.353.204.503.205.893.504.801.111.286.092.204.504.134.1 50.751.904.154.001.091.503.881.251.514.504.755.254.154.304.15 2.84 % 0%0%0%1%0%1%0%1%0%0%0%0%0%1%0%0%1%0%0%0%1%0%1%0%0%0%1%0%1%0%0%1%1%0%1%1%0%0%0%0%0%0%0%0%0%1%0%1%1%0%0%0%0%1%0%1%1%0%0%0%0%0%0%0%0% 16% Port Issuer TOYOTA FINANCIAL SGS BKSAN DIEGO CA CMNTY CLG DISTLIVE OAK BANKING COMPANYUS TREASURY N/BPROVIDENT SAVINGS BANKFEDERAL HOME LOAN BANKUS TREASURY N/BFEDERAL FARM CREDIT BANKSYNCHRONY BANKHENDERSON STATE BANKSOUTHERN FIRST BANK NAUS TREASURY N/BFEDERAL HOME LOAN BANKUS TREASURY N/BUS TREASURY N/BFreddie MacVIRGINIA ST RESOURCES AUTH INFFreddie MacFORBRIGHT BANKEAGLEBANKFEDERAL HOME LOAN BANKLAFAYETTE FEDERAL CUUS TREASURY N/BWINGS FINANCIAL CRED UNOREGON ST CREDIT UNIONCORP AMERICA FAMILY CUFEDERAL HOME LOAN BANKAUSTIN TELCO FCUUS TREASURY N/BPORT AUTH OF NEW YORK & NEW JEFIRST FOUNDATION BANKFEDERAL FARM CREDIT BANKFARMER MACEAGLEMARK SAVINGS BANKFEDERAL HOME LOAN BANKCANADIAN CNTY OK INDEP SCH DISMORGAN STANLEY PVT BANKCAPITAL ONE NAJP MORGAN CHASE BANK NACAPITAL ONE NAOREGON STFEDERAL HOME LOAN BANKGE CREDIT UNIONWISCONSIN ST TRANSPRTN REVENUEMASSACHUSETTS ST SCH BLDG AUTHFANNIE MAEOAK CREEK WIFEDERAL FARM CREDIT BANKFEDERAL FARM CREDIT BANKCARTER FEDERAL CUUS TREASURY N/BPORT AUTH OF NEW YORK & NEW JEALABAMA CREDIT UNIONUS TREASURY N/BFannie MaeSAN DIEGO CNTY CA REGL TRANSPRFEDERAL FARM CREDIT BANKUS TREASURY N/BTEXAS ST A & M UNIV REVENUESBMO BANK NAGLOBAL FEDERAL CUN E IA CMNTY CLGSOUND CREDIT UNIONSTATE BANK OF INDIAVALLEY NATL BK WAYNE CUSIP 89235MLC3797272QR5538036SB19128282A7744039CX43130ANM6491282CCW93133EHWV187164WB49425246CL784287PKU5912828YG93130AMUF791282CLS8912828YQ73131X7B4992818N5U83128PW2P234520LAU727002YGP53130APTE55062 5LBR3912828YU897412MBE868609EAG6219873AK23130AKRE8052392DD6912828V9873358XDB532026UW773133EP6K631424WAF927004PEP43130ARJH5135537GZ561768U4F1254673D9446657V4F414042RRN368607LXQ53130ASGU7369674CW497712 3X94576000ZG131364FCB5671137C623133EPH813133ERA9214622LAR391282CBJ973358XDC301025RAL391282CGP03140LBSE4797400MT23133ETKM891282CBZ388213ARR805600XQE337892MAN4664214PS683616HAH7856288BU8919853QU8 ID 60616263646566676869707172737475767778798081828384858687888990919293949596979899100101102 Year 2 103104105106107108109110111112113114115116117118119120121122123124 Portfolio Analysis Positions by Maturity 216 Eff Cvx 0.10.10.10.10.10.10.10.10.10.10.10.10.10.10.00.10.10.10.10.10.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.00.20.30.20.30.20.30.30.10.00.3 0.10.1 (2.4)(0.1)(1.5) (0.0) Eff Dur 2.82.82.82.82.92.82.92.93.03.02.93.03.03.11.43.13.33.43.33.53.52.03.53.53.53.63.63.63.63.63.63.63.63.73.93.83.93.94.24.14.23.84.24.42.24.34.34.44.54.54.54.41.94.44.43.74.64.95.14.83.22.25.2 2.52.93.9 3.03.03.03.03.03.03.13.13.13.23.23.23.33.43.43.43.63.63.73.73.93.93.93.93.94.04.04.04.04.04.04.04.14.14.24.34.34.44.44.54.54.54.74.94.94.94.95.05.05.05.05.05.15.15.25.25.35.35.55.65.85.85.8 2.73.54.5 WAM Yield 4.033.384.013.424.214.004.164.143.884.043.714.143.724.054.253.853.734.043.733.954.034.174.054.054.014.064.084.084.084.064.084.084.163.903.834.163.774.084.313.144.153.813.773.974.384.214.144.064 .064.064.084.064.254.134.074.213.834.004.324.124.364.234.39 3.874.013.95 Market Yield 4.034.544.604.545.104.004.704.614.821.403.844.944.085.052.694.224.164.943.864.084.314.894.704.704.924.104.034.144.144.554.544.592.794.354.085.343.895.314.944.104.944.504.084.494.614.384.634.304 .004.004.034.502.224.384.301.034.084.464.694.562.260.664.59 Book3.584.044.33 1 (1) G / L 790375467487 (445)(631)(631)(541) 8,1364,0117,8506,6607,8065,2212,2988,2816,7327,7387,1908,3972,5843,2075,6885,6884,3744,1274,6058,6705,7932,9465,9299,7194,3127,6661,8341,6093,0552,6234,8743,7917,2577,9399,7245,118 10,01717,06916,29315,36822,64012,01755,88211,39110,35113,143 73,893 (18,893)(46,964)(22,395)(78,903)(34,160)(10,023) (64,330) 136,492 (115,390) © 2025 Wells Fargo Bank, N.A. All rights reserved. 15 Price 92.53 98.33 95.6196.0792.3492.2992.8397.4992.4490.6499.2199.82 99.32 97.9098.7389.7591.3599.6099.7499.7499.7896.6088.6190.5688.7394.3596.27 100.00103.27101.64103.15100.00101.96103.59103.12102.87100.89101.75103.45102.33102.33104.46100.15100.19100.20101.79101.66101.85104.16103.62101.41104.85103.98113.71100.96100.31103.47103.78101.07 103.32 102.00104.00106.59103.75104.34102.16 Market Price Book 90.1994.1394.7789.7990.5999.7699.4689.6490.2496.7097.7699.0987.4288.3799.6897.3288.5487.10 98.9698.70 100.00100.00100.00100.00100.00100.00101.57102.46100.00101.67101.32102.45100.00100.00101.16100.00100.00100.00100.00100.00100.00100.00102.38102.42100.92100.00100.00110.69100.00102.70101.60100.00100.001 00.00100.00100.00100.55102.81105.51100.00102.54102.12101.03103.97101.13 101.75 Price 85.58 98.73 89.8290.9482.3483.9399.6199.3385.6190.1695.51 97.79 97.5098.7983.5384.8599.6596.4284.8185.01 100.00100.00100.00100.00100.00100.00101.59102.85100.00102.36101.33102.52100.00100.00101.58100.00100.00100.00100.00100.00100.00100.00106.50103.47100.93100.00100.00114.24100.00102.75101.94100.00100.001 00.00100.00 102.55 100.00101.61103.79106.11100.00102.78102.52101.58107.90101.35 Acquired Date 06/13/202506/20/202306/25/202406/20/202311/29/202306/23/202512/01/202212/07/202212/01/202208/05/202106/18/202512/01/202212/09/202411/27/202303/20/201412/01/202306/20/202411/29/202306/18/202506/18/202 505/20/202511/22/202305/29/202405/29/202411/16/202306/06/202506/13/202506/12/202506/16/202506/20/202406/20/202406/25/202406/11/201906/20/202312/09/202410/23/202306/18/202511/09/202311/29/202312/22/20 2311/30/202310/03/202312/09/202408/03/202305/15/202505/27/202506/17/202406/06/202506/13/202506/13/202506/23/202503/28/202409/02/201505/30/202312/09/202409/15/202012/09/202406/26/202306/17/202406/18/2 02401/19/202204/12/201606/20/2024 Par 249,000249,000244,000249,000285,000245,000675,000600,000205,000245,000600,000370,000600,000248,000600,000300,000600,000200,000320,000650,000244,000244,000465,000244,000249,000249,000249,000244,000249 ,000249,000500,000500,000600,000500,000600,000248,000255,000244,000145,000600,000500,000600,000210,000140,000244,000245,000245,000249,000244,000875,000350,000300,000600,000650,000485,000440,000150,00 0500,000 2,060,4001,200,0001,850,0002,000,0001,500,000 8,724,000 10,162,00011,910,400 ----- Call Type AmerAmerAmerAmerAmerAmerAmer BulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletB ulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBullet -------------------------------------------------------- Nxt Call Date 08/01/202607/25/202507/05/202508/01/202801/01/202811/23/202612/30/2028 -------------------------------------- AAAAAAAAAAAA AA-AA- S&P AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+ AAAAAAAAAAAAAAAAAA Ratings ---------------------------------- AaaAaaAaaAaaAaaAaa Aa2Aa2Aa1Aa1Aa2Aa1Aa1Aa1Aa1Aa1Aa2Aa1Aa1Aa2Aa1Aa1Aa1Aa1Aa1Aa1Aa1Aa2Aa3 Moody's Final Maturity 06/27/2806/28/2806/28/2806/29/2806/30/2806/30/2808/01/2808/01/2808/01/2808/25/2808/31/2809/01/2810/31/2811/30/2812/01/2812/08/2801/31/2902/01/2902/28/2903/15/2905/15/2905/17/2905/30/2905/30/2906/01/2 906/13/2906/20/2906/20/2906/25/2906/27/2906/28/2907/05/2908/01/2908/15/2909/24/2910/01/2910/31/2911/30/2912/01/2912/31/2901/01/3001/15/3002/28/3005/23/3005/23/3006/01/3006/01/3006/11/3006/17/3006/18/ 3006/28/3007/03/3008/01/3008/15/3009/01/3009/10/3009/30/3010/01/3012/30/3002/01/3104/01/3104/01/3105/01/31 Cpn 4.004.504.604.501.534.002.632.771.221.404.381.704.885.002.504.754.001.754.251.215.003.954.704.705.254.104.004.104.104.554.504.553.605.003.505.104.135.251.744.102.027.134.003.884.615.005.004.304.004.0 04.004.502.505.005.501.034.631.992.005.002.572.504.76 3.193.594.77 % 0%0%0%0%0%0%9%1%1%0%0%1%0%1%0%2%1%1%0%1%0%0%1%0%0%0%0%0%0%0%0%0%0%0%0%1%0%1%0%0%0%0%2%1%0%1%0%0%0%0%0%0%8%0%2%1%0%0%1%1%0%0%0%1%0% 11% Port Issuer FIRST CAROLINA BANKFEDERAL SAVINGS BANKFIRST MERCHANTS BANKUNITED FIDELITY BK FSBOREGON EDU DISTS FULL FAITH &STAR BANK NA BERTHA MNNEW YORK NYNEW YORK CITY NY TRANSITIONALSAN JOSE CA UNIF SCH DIST SANTCELTIC BANKUS TREASURY N/BLOS ANGELES CAUS TREASURY N/BROCKLAND FEDE CRED UNIONFannie MaeFEDERAL HOME LOAN BANKUS TREASURY N/BCINNAMINSON TWP NJUS TREASURY N/BSUSSEX CNTY DEAVON CTFEDERAL FARM CREDIT BANKMONET BANKBEAL BANK USAHENDERSON NVBMW BANK NORTH AMERICAGBANKTEXAS EXCHANGE BANK SSBBOM BANKCUSTOMERS BANKMEDALLION BANK UTAHCARTER BANK & TRUSTDOWNTOWN SAVANNAH GA AUTHNORTHSIDE TX INDEP SCH DISTFEDERAL HOME LOAN BANKCALIFORNIA STUS TREASURY N/BUSALLIANCE FED CR UNIONALTOONA PA AREA SCH DISTLEDYARK NBK/NORWICH VTDOWNERS GROVE ILFANNIE MAEUS TREASURY N/BFEDERAL FARM CREDIT BANKFEDERAL HOME LOAN BANKNEWINGTON CTN E IA CMNTY CLGMORGAN STANLEY BANK NAPOPPY BANKBNY MELLON NAJEANNE D'ARC CREDIT UNMIZRAHI TEFAHOT BANK/LAFreddie MacMAGNOLIA TX INDEP SCH DISTAUSTIN TXSmall Business AdministrationUS TREASURY N/BMISSISSIPPI STBENSENVILLE ILROCHESTER MNBAY AREA CA TOLL AUTH TOLL BRIFannie MaeFannie Mae CUSIP 31944MEX9313812EG032082BFU8910286GN768587FAY085508VBL264966QCE864971WN89798186P3015118RWG891282CHX2544351PT091282CJF977357DAB43138WAQH33130AXQK791282CJW2172513CN191282CKD2869257PG4054033SC03133 ENWT307371BVU207371DR66425201AZ305612LFF436830MBP588241TWF309776DAU823204HPQ558404DVL2146102AS7261172QE366702RZE53130A35P513063D2W791282CLR090352RDH5021807MB5523343AB7260741SL831359MFJ791282CGQ83133E PKK03130B6GM2651469TE8664214QD861690D6E373319FDY205584CY59472207AL360685BSA03132A9Q67559686WU0052397Z58831641FQ391282CHZ7605581QQ3082419F56771588WJ5072024WS731418B2N53140NU7C7 ID 125126127128129130 Year 3 131132133134135136137138139140141142143144145146147148149150151152153154155 Year 4 156157158159160161162163164165166167168169170171172173174175 Year 5 1761771781791801811 82183184185186187 Portfolio Analysis Positions by Maturity 217 Eff Cvx 0.30.30.30.00.30.00.20.00.00.00.00.00.00.50.00.00.50.60.60.60.60.70.00.80.10.10.10.1 0.20.10.60.40.30.0 (2.0) (0.2) Eff Dur 5.15.15.62.35.32.33.42.44.62.52.22.42.52.46.42.72.76.66.86.97.07.17.83.67.94.04.04.03.6 3.93.03.56.96.05.32.1 5.85.96.06.06.26.66.76.86.96.96.97.27.57.57.77.77.77.98.38.48.68.79.59.6 5.56.67.58.59.63.0 10.110.310.310.310.6 10.3 WAM Yield 3.964.354.264.244.154.044.474.034.754.034.074.224.074.054.364.034.044.454.514.404.314.434.774.395.054.564.584.584.34 4.154.224.174.424.614.704.12 Market Yield 4.274.504.321.645.212.124.793.034.282.992.582.613.363.424.703.102.994.664.644.274.454.534.801.214.801.001.030.810.89 Book3.273.143.414.473.162.163.44 G / L 1,6582,0886,7395,8445,9025,8204,1701,078 9,754 (9,949)(9,215)(6,138) 20,87128,51113,059 (57,565)(48,722)(26,974)(27,683)(27,860)(17,219)(39,356)(13,339)(23,469)(42,624)(11,718)(44,196)(56,635)(33,353)(28,966) (76,426)(41,546) (151,661)(170,772)(174,867)(795,352) © 2025 Wells Fargo Bank, N.A. All rights reserved. 16 Price 86.95 97.97 95.0698.5998.5697.2398.5598.60 98.92 97.0198.4298.5699.3097.1397.13 98.36 99.1092.21 96.02 99.6289.2889.2289.2892.32 92.9399.23 104.07103.35103.91106.32103.62102.25103.30100.33102.25 102.07 Market Price Book 86.6998.2197.1299.8099.3698.89 99.4299.95 102.47102.56100.81103.25105.17101.18100.00101.30102.04100.95100.41100.24100.06102.25101.34104.25101.56102.73101.57101.91101.81102.62103.90 101.48100.11101.68100.61102.13 Price 86.6297.8296.6499.8099.3698.88 102.84102.60 100.06 101.66104.24105.51101.53100.00101.53102.94 101.92 101.48100.63100.41100.11102.26 100.22 101.42104.84101.71 101.88 102.94 100.70 101.59102.40102.38103.43104.70 102.58100.05 Acquired Date 06/20/202405/27/202506/18/202508/02/201610/17/202310/31/201912/16/202401/29/201905/19/202201/29/201911/13/201812/06/201809/27/201811/28/201811/30/202303/01/201902/08/201906/16/202512/16/202401/08/202 406/18/202506/20/202406/06/202504/14/202005/09/202509/28/202009/04/202011/25/202001/28/2021 Par 210,000800,000500,000585,000500,000500,000550,000600,000500,000800,000425,000650,000650,000600,000600,000500,000405,000 905,000 600,000350,000450,000250,000250,000 1,300,0001,000,0001,044,0001,030,2441,000,0001,010,8081,000,000 6,670,0524,375,0002,500,0001,900,000 10,404,000 109,849,806 ---------------- Call Type AmerAmer BulletBulletBulletBulletBulletBulletBulletBulletBulletBulletBullet --------------------------- Nxt Call Date 06/15/203007/05/2025 ------------------ AA S&P AA+AA+AA+AA+AA+AA+AA+AA+AA+AA+ Ratings ------------------ Aaa Aa1Aa1Aa3Aa1Aa1Aa3Aa2Aa1Aa1Aa1 Moody's Final Maturity 05/02/3106/01/3106/15/3107/01/3109/12/3102/01/3203/01/3205/01/3205/26/3206/01/3206/01/3209/01/3201/01/3301/01/3302/23/3303/01/3303/01/3306/01/3310/01/3312/09/3301/17/3403/10/3401/01/3502/01/3508/01/3 510/01/3510/01/3511/01/3502/01/36 Cpn 4.755.001.762.004.883.506.293.504.283.503.503.003.503.504.253.003.005.004.844.884.364.754.582.005.001.501.501.502.00 3.373.743.494.713.432.673.34 % 1%0%1%9%1%0%1%1%1%1%1%0%6%1%0%1%1%0%1%0%4%1%1%1%1%2%0%0%1%1%0%0%0%0%2% Port 100% Issuer FEDERAL FARM CREDIT BANKNEWINGTON CTPORTLAND ORFannie MaeFEDERAL HOME LOAN BANKFreddie MacHOUSTON TXFannie MaeFEDERAL HOME LOAN BANKFannie MaeFannie MaeFannie MaeFannie MaeFannie MaeFEDERAL FARM CREDIT BANKFannie MaeFannie MaeN LIBERTY IAHAWAII STFEDERAL HOME LOAN BANKFEDERAL FARM CREDIT BANKFEDERAL HOME LOAN BANKFannie MaeFannie MaeWINCHESTER VA ECON DEV AUTH ANFannie MaeFannie MaeFannie MaeFannie Mae CUSIP 3133ERDM0651469TF5736679C583138WHJ293130AXEZ73132A9TC1442331S6231418CKU73130AS5M731418CLS13140J7Q2431410LUN03140J7Y253140J8CQ43133EPBR531418CVE13140H1XB1660459SC3419792M863130AXQZ43133EPV693130 B0X873140NXGS631418DLX8973123AL63140X7VD831418DTL63140KT5F83140X9C78 ID 188189190 Year 6 191192193194195196197198 Year 7 199200201202203204205 Year 8 206207208209 Year 9 210211 Year 10 212213214215216>Year 10Total Portfolio Portfolio Analysis Positions by Maturity 218 219 21: 221 222 223 224 225 ORDINANCE O2025-018 AN ORDINANCE OF THE CITY OF SHAKOPEE, MINNESOTA, AMENDING THE ZONING MAP ADOPTED IN CITY CODE SEC. 151.003 BY REZONING PROPERTY AT 2036 MYSTIC LAKE DRIVE S FROM AGRICULTURAL PRESERVATION (AG) TO URBAN RESIDENTIAL (R-1B) WHEREAS, Rick Osberg, James R. Hill, Inc., applicant, and Beverly J. Koehnen Revocable Trust, property owner, has applied to rezone the property located at 2036 Mystic Lake Drive S from Agricultural Preservation (AG) to Urban Residential (R-1B); and WHEREAS, the property is legally described as: The South 453.6 feet of the Northeast Quarter of the Southwest Quarter, Section 16, Township 115, Range 22, Scott County, Minnesota; and WHEREAS, notices were duly sent and posted, and a public hearing was held before the Planning Commission on July 10, 2025, at which time all persons present were given an opportunity to be heard; and WHEREAS, the Planning Commission has recommended to the City Council that the subject property be rezoned as stated; and WHEREAS, the City Council heard the matter at its meeting on August 6, 2025; and NOW, THEREFORE BE IT ORDAINED, that the City Council of the City of Shakopee hereby adopts the following findings of facts relative to the above-named request: Criteria #1: The original zoning ordinance is in error. Finding #1: The original zoning ordinance is not in error. Criteria #2: Significant changes in community goals and policies have taken place. Finding #2: Significant changes in goals and policies have taken place. The applicant is proposing to develop the site consistent with the 2040 Comprehensive Plan as well as the developed, residential neighborhoods to the north, south, and west. 226 Criteria #3: Significant changes in city-wide or neighborhood development patterns have occurred. Finding #3: The proposed Urban Residential (R-1B) zoning designation is consistent with the zoning of properties to the north, south, and west. Criteria #4: The comprehensive plan requires another provision. Finding #4: The comprehensive plan guides this property as Suburban Residential. Rezoning the property to Urban Residential (R-1B) would bring the property into compliance with the 2040 Comprehensive Plan. BE IT FURTHER ORDAINED, that the request to rezone the properties as stated in this ordinance is hereby approved. Passed in regular session of the City Council of the City of Shakopee, Minnesota held on the __________ day of August, 2025. Mayor of the City of Shakopee Attest: Richard Parsons, City Clerk Published in The New Prague Times on the day of__________________, 2025. 227 RESOLUTION R2025-075 A RESOLUTION OF THE CITY OF SHAKOPEE, MINNESOTA APPROVING THE PRELIMINARY AND FINAL PLAT OF ELLIANA ESTATES _____________________________________________________________________ WHEREAS, Rick Osberg, James R. Hill, Inc., applicant, on behalf of Elli, LLC, developer, and Beverly J. Koehnen Revocable Trust, property owner, have made application for the Preliminary and Final Plat of Elliana Estates; and WHEREAS, the property is legally described as: The South 453.6 feet of the Northeast Quarter of the Southwest Quarter, Section 16, Township 115, Range 22, Scott County, Minnesota; and WHEREAS, notice was provided and on July 10, 2025, the Planning Commission held a public hearing regarding the Preliminary Plat of Elliana Estates, at which time it heard from City Planning staff and invited members of the public to comment; and WHEREAS, the City Council reviewed the Preliminary and Final Plat of Elliana Estates on August 6, 2025; and NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Shakopee, Minnesota that the Preliminary and Final Plat of Elliana Estates is hereby approved subject to the following conditions: I) The following procedural actions must be addressed/completed prior to the release of the recording of a Final Plat: A. Approval of title by the City Attorney. B. Comply with the Engineering Department memorandum dated June 18, 2025; Erosion Control memorandum dated June 26, 2025; and Stormwater Review Comment memorandum dated July 29, 2025. C. Easements for drainage, utility, stormwater, and trail purposes must be dedicated consistent with the City Engineering Department recommendations and design criteria. D. Comply with all Shakopee Public Utilities (SPU) requirements, review and sign Terms and Conditions for Water and Electric Service, enter into a SPU Underground Distribution 228 Agreement, and provide payment of the applicable fees including but not limited to SPU Trunk Water Charge, street lighting, etc. E. Comply with the Scott County memorandum dated June 26, 2025. F. Park dedication fees are due in the amount required by the City Code and adopted city fee schedule. G. Tree Management security and fees are due in the amount required by City Code and adopted city fee schedule. II) Following approval and recording of the final plat, the following conditions shall apply: A. House design and performance standards shall comply with City Code Section 151.108 (Construction Material) requirements and shall be submitted and approved prior to submitting for building permit. B. Plan revision comments provided on the civil drawings need to be submitted and approved prior to submitting for building or sewer and water permit. C. Comply with the landscape requirements of the City Code Section 151.112 (Landscape Requirements) and 151.113 (Tree Preservation Requirements). Adopted in regular session of the City Council of the City of Shakopee, Minnesota, th held the 6 day of August 2025. ______________________________ Matt Lehman, Mayor Attest: ______________________________ Richard Parsons, City Clerk 229 22: 231 ! 3:::!X FTU!D PVOUZ!S PBE!53-!T VJUF!211! K BNFT!!S/!!I JMM!-!!J OD/ C VSOTWJMMF-!N JOOFTPUB!66417!! QI/!):63*!9:1.7155!GBY!):63*!9:1.7355! !!Tfswjoh!pvs!Dmjfout!tjodf!2:87 232 233 234 235 236 237 City of Shakopee aĻƒƚƩğƓķǒƒ TO: Amanda Schwabe, Planner FROM: Darin Manning, Project Engineer SUBJECT: Preliminary & Final Plat Elliana Estates CASE: PLAT-000290-2025 DATE: June 18, 2025 The staff review indicates a request to review a Preliminary and Final Plat application for Elliana Estates, a proposed residential development. Elliana Estates is located west of Mystic Lake Drive th (County Road 83), south of 17 Avenue (County Road 16) and north of Valley View Road. This review should be considered preliminary, as more comments will follow with additional submittals. However, the Engineering Department offers the following comments at this time to the applicant and to the planning department: ŷĻ ŅƚƌƌƚǞźƓŭ źƷĻƒƭ ƓĻĻķ Ʒƚ ĬĻ ğķķƩĻƭƭĻķΉĭƚƒƦƌĻƷĻķ ƦƩźƚƩ Ʒƚ ƩĻƌĻğƭĻ ƚŅ ƷŷĻ CźƓğƌ tƌğƷ ŅƚƩ ƩĻĭƚƩķźƓŭʹ 1. Plan review and plat review red-lined comments are attached to this memo and must be addressed and approved by the City Engineer. 2. Refer to Shakopee Public Utilities comments for watermain. 3. Conduct a title search to confirm other interests on the property. 4. credit or cash security equal to 125 percent of the estimated total cost of the improvements, plus 100 percent of the estimated costs of city inspection and administration. 5. Submit a detailed lot area drawing showing the total plat area, the total drainage and utility easement area encompassing 100-year high water levels of wetlands/storm water basins, the total area of right-of-way, the total area of conservation easements and outlots, the total area of bituminous street and the total area of lots. H:\\Development\\Elliana Estates\\_Project Management\\Letters and Memos\\Staff Review\\FP Review (Elliana Estates).docx 1 of 3 243 6. subdivision. 7. Pay all applicable fees/charges listed below, as required by the most current City of Shakopee Fee Schedule. Street and Utility Fee Bituminous Sealcoat Fee Watermain Fee Sign Installation Fee Trunk Sanitary Sewer Charge Trunk Storm Water Charge County Road 83 Sanitary Sewer Storm Water Management Plan Review Fee Lateral Connection Charge 8. Easements will be shown on the Final Plat as approved by the City Engineer. They include but are not limited to the following: Verify appropriate drainage and utility easements for public sanitary sewer, storm sewer and watermain systems are provided. The minimum widths of drainage and utility easements are set forth in Section 10.1 (A-D) of the City of Shakopee Design Criteria. Dedicate drainage and utility easement to encompass the 100-year high water level of all storm water basins. Specific locations where additional easement is needed are shown on the redline comments. 9. Revise the final plat to incorporate a 15-foot chamfer at all right-of-way lines located at intersections. 10. Final plat approval is contingent upon confirmation and approval from Scott County regarding the alignment of the right-of-way adjacent to County Road 83. Coordination is required to determine whether the proposed right-of-way should align with the existing right-of-way to the north or south, and the plat shall be revised accordingly to reflect the 11. All trails that encroach within a lot shall be covered by a standalone trail easement. The easement must extend a minimum of three (3) feet on each side of the trail. This applies specifically to the trails located within Lot 8, Block 1 and Lots 9 & 10, Block 8. 12. Outlots A and B shall be deeded to the City of Shakopee. 13. At a minimum, obtain conditional approval of the storm water management plan. 14. Prior to discharging into a storm water basin, pretreatment must be provided. H:\\Development\\Elliana Estates\\_Project Management\\Letters and Memos\\Staff Review\\FP Review (Elliana Estates).docx 2 of 3 244 15. Provide electronic files (AutoCAD and Portable Document Format PDF) of the Final Plat to be recorded with datum on the Scott County coordinate system. 16. Approval of the final plat does not constitute approval of the submitted construction plans. ŷĻ ŅƚƌƌƚǞźƓŭ źƷĻƒƭ ƓĻĻķ Ʒƚ ĬĻ ğķķƩĻƭƭĻķΉĭƚƒƦƌĻƷĻķ ƦƩźƚƩ Ʒƚ ğƦƦƩƚǝğƌ ƚŅ ğ ŭƩğķźƓŭ ƦĻƩƒźƷͲ ğ ƭƷƩĻĻƷ ğƓķ ǒƷźƌźƷǤ ƦƌğƓ ğƓķΉƚƩ ğ ĬǒźƌķźƓŭ ƦĻƩƒźƷʹ 17. Obtain 18. Grade the entire site, as proposed on the approved plans, in one phase within one year from the date of approval of the grading permit application. Grading is defined as bringing the site to the proposed finished grade with materials deemed acceptable by the City of Shakopee engineering department, providing topsoil per City requirements and applying seed, mulch and/or sod per City requirements and providing an as-built record grading plan per Section 2.5 of the City of Shakopee Design Criteria. 19. Submit detailed pavement design calculations. 20. The contractor must submit a signed copy of the supplemental conditions of the grading permit to the city prior to any grading activities. 21. The contractor must submit a Construction Management Plan to the city prior to any construction activities. 22. Submit final construction plans for approval by the city. Plan must include a small utilities joint trench design and detail (Shakopee Detail 5009). 23. Record plans need to be provided per the City of Shakopee Design Criteria, Section 2.5 and Section 11.2 (A-L). The record plans need to be certified and submitted to the engineering department. Provide a letter from the engineer of record certifying all improvements were constructed per approved plans and under the direct supervision of the engineer of record. Recommendation The Engineering Department recommends approval of the application subject to the conditions above being addressed/completed by the applicant. H:\\Development\\Elliana Estates\\_Project Management\\Letters and Memos\\Staff Review\\FP Review (Elliana Estates).docx 3 of 3 245 Vqebuf!cbtfe!po!3# 3# 246 247 248 SCOTT COUNTY TRANSPORTATION SERVICES DIVISION GOVERNMENT CENTER EAST, 200 FOURTH AVENUE WEST Ġ SHAKOPEE, MN 55379 (952) 496-8346 Ġ Fax: (952) 496-8365 Ġ www.scottcountymn.gov June 26, 2025 Amanda Schwabe City of Shakopee 485 Gorman Street Shakopee, MN 55379 { .W9/ʹ Elliana Estates PLAT-000290-2025 Dear Amanda, Thank you for the opportunity to review the Elliana Estates development. We have reviewed the preliminary plat and final plat and have the following comments: The minimum right of way dedication for CH 83 is 75 The existing driveway, including curb/apron shall be removed from the County right of way. The curb and trail shall be replaced to match existing adjacent trail and curb line. No ponding, berming, landscaping or signage shall be permitted in the County right of way. Any work within the County right of way, shall require a permit from Scott County. If you have any questions or need further information, please contact me. Sincerely, Craig Jenson Transportation Planning Manager An Equal Opportunity/Safety Aware Employer 249 24: 263 264 265 266 267 DJUZ!PG!TIBLPQFF Dbqjubm!Jnqspwfnfou!Qmbo!313 268 t f a r D 269 TABLE OF CONTENTS Project Summary Administrative Summary ................................................................................................... 1 Department Expenditure Summary .................................................................................... 4 Funding Sources Summary ................................................................................................ 5 Projects by Fund ................................................................................................................ 6 CIP Summaries: Capital Project Funds Park Development ................................................................................................ 13 This Fund accounts for the park capital projects of the City with funding mainly from park dedication fees. Capital Improvement ........................................................................................... 37 This Fund accounts for the capital projects of the City not accounted for in separate capital funds. Tree Replacement ................................................................................................ 79 This Fund accounts for tree replacement throughout the City. Internal Service Funds t Equipment ............................................................................................................ 81 f This Fund accounts for the acquisition of larger pieces of equipment. Park Asset. ......................................................................................................... 133 a This Fund accounts for the City’s funds accumulated for the replacement of park assets. r I.T. ...................................................................................................................... 149 This Fund accounts for the City’s funds accumulated for information technology resources. D Building.............................................................................................................. 163 This Fund accounts for the City’s funds accumulated for construction, improvement or major repairs of major public buildings. Enterprise Funds Sanitary Sewer ................................................................................................... 211 This Fund accounts for operations of the City’s sewer utility. Storm Drainage .................................................................................................. 223 This Fund accounts for the activities of the City’s storm drainage utility. Appendix 15-year Capital Improvement Plan ................................................................................ 243 Long-term Financial Plan .............................................................................................. 255 20-year Equipment Replacement Schedule ................................................................... 265 26: t f a r D ProjectSummary (TabInsert) t f a r D 272 t f a r D 273 Capital Improvement Plan Shakopee, MN Administrative Summary Visions and Goals The Capital Improvements Program (CIP) is a five-year plan to provide and maintain public facilities for the citizens and businesses of Shakopee, balanced against the constraints of available resources. Capital Improvements are the projects that require the expenditure of public funds for the acquisition, construction or replacement of the infrastructure necessary for communities. Capital planning is critical to continuation of essential public services, as well as being an important component of a community’s economic development program. The creation and update of multi-year capital plan allows for the community to plan for the current and longer term needs of the constituents. This plan is often integrated with the maintenance needs and funding sources that will provide for the delivery of services to a community. Capital projects are different from the operating budgets of a City, as they often represent large financial obligations that may span more than one year. The unique nature of capital projects allows for a different presentation to the governing board, than the process used for operational budget discussions. The information and tracking needs of projects requires an adequate system of management, to ensure the impact to the capital plan, as well as the operational budgets. The development of a capital improvement plan is prepared with the following elements: Identification of needs, utilizing strategic plans, comprehensive plans as well as input from citizens, staff and Council; t Determination of the projects specific to repair, maintenance, replacement or new construction; f Recognition of the revenue sources that will be utilized to fund the planned projects; Need for debt issuance for future needs; and a Identification of the need for policy updates or creation. r It is critical that the full cost of the projects be developed as well as the timing and coordination of the project with other entities, both public and private. The planning process that brings all the impacted parties into play will result in a program that can clearly detail not only the original construction costs, but future year maintenance and operational costs. With this information as a base, the future year plans as well as affordability of the projects can be evaluated, based on more consistent and reliable information, establishing a strong and consistent Capital Improvement Program. D The plan for the City of Shakopee lists the projects scheduled for the upcoming 5 years, and details the activities for the Capital Project Funds, Internal Service Funds, and the Sanitary and Surface Water Enterprise funds. CIP is prepared by city staff. It is then submitted to the City Council for approval, as the 5-year program is utilized by staff for the long range planning and budget needs of the City. Policies See Budget Book for a comprehensive listing of all financial-related policies. Process Funding Priority - Reinvestment for the replacement, maintenance or increased efficiency of existing systems will have priority over the expansion of existing systems or the provision of new facilities and services. Priority rankings include: 1. Have to do. Projects necessary for public health and safety, or to meet legal mandates. Examples: Street and utility reconstruction projects to maintain the safe operations of city roadway and utility systems. Purchase of fire selfcontained breathing apparatus essential for the city's ability to safely fight fires and meet regulatory requirements. 1 274 Produced Using Plan-It CIP Software 2.Smart to do. Projects which help maintain or make existing systems more efficient. Cost benefits and coordination with related projects will be considered. Examples: Scheduled equipment replacement to reduce equipment breakdown and repair costs. Lighting conversion to LED for energy efficiency purposes. 3.Want to do. Projects expanding existing systems, providing new services, or for general community betterment. Examples: New parks or expansion of existing trail systems. Construction of an innovation center providing a place for training and business incubation not previously provided by the city. This rating system is assigned by staff, and is not necessarily reflective of overall priorities and sequencing. Process Calendar Spring 202 - 202-20 CIP workpapers rolled out to departments August 6, 202 - Draft 202-20 CIP reviewed by City Council October1, 202 - 202-20 CIP adopted by City Council December 1, 202 - 202 CIP projects adopted as part of the City's annual budget. t f a r D 2 275 Produced Using Plan-It CIP Software t f a r D 3 276 4 277 5 278 6 279 7 27: 8 281 9 282 10 283 ParkDevelopmentFund (TabInsert) t f a r D 284 t f a r D 285 11 286 t f a r D 12 287 t f a r D 13 288 t f a r D 14 289 t f a r D 15 28: t f a r D 16 291 t f a r D 17 292 t f a r D 18 293 t f a r D 19 294 t f a r D 20 295 t f a r D 21 296 t f a r D 22 297 t f a r D 23 t f a r D 24 299 t f a r D 25 29: t f a r D 26 2:1 t f a r D 27 2:2 t f a r D 28 2:3 t f a r D 29 t f a r D 30 2:5 t f a r D 31 2:6 t f a r D 32 2:7 t f a r D 33 2:8 t f a r D 34 2:9 t f a r D 35 t f a r D 36 311 t f a r D 37 312 t f a r D 38 CapitalImprovementFund (TabInsert) t f a r D 314 t f a r D 315 t f a r D 39 40 317 41 318 t f a r D 42 319 t f a r D 43 31: t f a r D 44 321 t f a r D 45 322 t f a r D 46 323 t f a r D 47 324 t f a r D 48 325 t f a r D 49 326 t f a r D 50 327 t f a r D 51 328 t f a r D 52 329 t f a r D 53 32: t f a r D 54 331 t f a r D 55 332 t f a r D 56 333 t f a r D 57 334 t f a r D 58 335 t f a r D 59 336 t f a r D 60 337 t f a r D 61 338 t f a r D 62 339 t f a r D 63 t f a r D 64 341 t f a r D 65 342 t f a r D 66 343 t f a r D 67 344 t f a r D 68 345 t f a r D 69 346 t f a r D 70 347 t f a r D 71 348 t f a r D 72 349 t f a r D 73 t f a r D 74 351 t f a r D 75 352 t f a r D 76 353 t f a r D 77 354 t f a r D 78 355 t f a r D 79 356 t f a r D 80 357 t f a r D 81 358 t f a r D 82 359 t f a r D 83 35: t f a r D 84 TreeReplacementFund (TabInsert) t f a r D 362 t f a r D 363 85 364 t f a r D 86 365 EquipmentFund (TabInsert) t f a r D 366 t f a r D 367 t f a r D 87 88 369 89 36: t f a r D 90 371 t f a r D 91 372 t f a r D 92 373 t f a r D 93 374 t f a r D 94 375 t f a r D 95 376 t f a r D 96 377 t f a r D 97 378 t f a r D 98 379 t f a r D 99 37: t f a r D 100 381 t f a r D 101 382 t f a r D 102 383 t f a r D 103 384 t f a r D 104 385 t f a r D 105 386 t f a r D 106 387 t f a r D 107 388 t f a r D 108 389 t f a r D 109 38: t f a r D 110 391 t f a r D 111 392 t f a r D 112 393 t f a r D 113 394 t f a r D 114 395 t f a r D 115 396 t f a r D 116 397 t f a r D 117 398 t f a r D 118 399 t f a r D 119 39: t f a r D 120 3:1 t f a r D 121 3:2 t f a r D 122 3:3 t f a r D 123 3:4 t f a r D 124 3:5 t f a r D 125 3:6 t f a r D 126 3:7 t f a r D 127 3:8 t f a r D 128 3:9 t f a r D 129 3:: t f a r D 130 411 t f a r D 131 412 t f a r D 132 413 t f a r D 133 414 t f a r D 134 415 t f a r D 135 416 t f a r D 136 417 ParkAssetFund (TabInsert) t f a r D 418 t f a r D 419 137 41: t f a r D 138 421 t f a r D 139 t f a r D 140 423 t f a r D 141 424 t f a r D 142 425 t f a r D 143 426 t f a r D 144 427 t f a r D 145 428 t f a r D 146 429 t f a r D 147 42: t f a r D 148 431 t f a r D 149 432 t f a r D 150 433 t f a r D 151 434 t f a r D 152 435 t f a r D 153 436 t f a r D 154 437 InformationTechnologyFund (TabInsert) t f a r D 438 t f a r D 439 155 43: t f a r D 156 441 t f a r D 157 442 t f a r D 158 443 t f a r D 159 444 t f a r D 160 445 t f a r D 161 446 t f a r D 162 447 t f a r D 163 448 t f a r D 164 449 t f a r D 165 44: t f a r D 166 451 BuildingAssetFund (TabInsert) t f a r D 452 t f a r D 453 t f a r D 167 168 455 169 456 t f a r D 170 457 t f a r D 171 458 t f a r D 172 459 t f a r D 173 45: t f a r D 174 461 t f a r D 175 462 t f a r D 176 463 t f a r D 177 464 t f a r D 178 465 t f a r D 179 466 t f a r D 180 467 t f a r D 181 468 t f a r D 182 469 t f a r D 183 46: t f a r D 184 471 t f a r D 185 472 t f a r D 186 473 t f a r D 187 474 t f a r D 188 475 t f a r D 189 476 t f a r D 190 477 t f a r D 191 478 t f a r D 192 479 t f a r D 193 47: t f a r D 194 481 t f a r D 195 482 t f a r D 196 483 t f a r D 197 484 t f a r D 198 485 t f a r D 199 486 t f a r D 200 487 t f a r D 201 488 t f a r D 202 489 t f a r D 203 48: t f a r D 204 491 t f a r D 205 492 t f a r D 206 493 t f a r D 207 494 t f a r D 208 495 t f a r D 209 496 t f a r D 210 497 t f a r D 211 498 t f a r D 212 SanitarySewerFund (TabInsert) t f a r D 49: t f a r D 4:1 213 4:2 t f a r D 214 4:3 t f a r D 215 4:4 t f a r D 216 4:5 t f a r D 217 4:6 t f a r D 218 4:7 t f a r D 219 t f a r D 220 4:9 t f a r D 221 4:: t f a r D 222 511 t f a r D 223 t f a r D 224 513 t f a r D 225 514 t f a r D 226 515 t f a r D 227 516 t f a r D 228 StormDrainageFund (TabInsert) t f a r D 518 t f a r D 519 229 51: t f a r D 230 521 t f a r D 231 522 t f a r D 232 523 t f a r D 233 524 t f a r D 234 525 t f a r D 235 526 t f a r D 236 527 t f a r D 237 528 t f a r D 238 529 t f a r D 239 t f a r D 240 531 t f a r D 241 532 t f a r D 242 533 t f a r D 243 534 t f a r D 244 535 t f a r D 245 t f a r D 246 537 t f a r D 247 538 t f a r D 248 Appendix (TabInsert) t f a r D 53: t f a r D 541 CityofShakopee 15yearCIP ƚŅǒƩƷŷĻƩĻƓŷğƓĭĻƷŷĻЎǤĻğƩ/LtͲǞźƷŷźƓƷŷĻ/źƷǤ/ƚǒƓĭźƌƭƭƷƩğƷĻŭźĭƦƩźƚƩźƷǤƚŅ9ŅŅĻĭƷźǝĻtǒĬƌźĭ {ĻƩǝźĭĻƭͲƭƷğŅŅŷğƭĬĻĻƓķźƩĻĭƷĻķƷƚķĻǝĻƌƚƦğЊЎǤĻğƩ/Lt͵ŷĻķƚĭǒƒĻƓƷƭğƓķƦƩƚĭĻƭƭǞźƌƌƭĻƩǝĻğƭğ ǒƭĻŅǒƌƷƚƚƌźƓƦƩƚǝźķźƓŭğƓķƒğźƓƷğźƓźƓŭƦǒĬƌźĭźƓŅƩğƭƷƩǒĭƷǒƩĻͲǞŷźĭŷĻƓĭƚƒƦğƭƭĻƭƭƷƩĻĻƷƭͲƦğƩƉƭεƷƩğźƌƭͲ ŭƚǝĻƩƓƒĻƓƷĬǒźƌķźƓŭƭğƓķǒƷźƌźƷźĻƭ͵ŷĻЊЎǤĻğƩ/LtźƭğǞƚƩƉźƓŭķƚĭǒƒĻƓƷƷŷğƷǒƷźƌźǩĻƭğƭźƒƦƌĻƩ ğƦƦƩƚğĭŷƷŷğƷƦƩƚǝźķĻƭƷŷĻƒƚƭƷƩĻƌĻǝğƓƷźƓŅƚƩƒğƷźƚƓΛĭƚƭƷͲǤĻğƩğƓķŅǒƓķΜğƌƌźƓƚƓĻƦƌğĭĻ͵tƩƚƆĻĭƷƭğƩĻ źķĻƓƷźŅźĻķĻğƩƌźĻƩğƌƌƚǞźƓŭŅƚƩźƓĭƩĻğƭĻķƷƩğƓƭƦğƩĻƓĭǤͲƦƩƚƆĻĭƷĭƚƚƩķźƓğƷźƚƓğƓķŅźƓğƓĭźğƌƦƌğƓƓźƓŭ͵ t f a r D 249 542 250 251 252 253 254 255 256 257 258 259 260 261 t f a r D 262 t f a r D 263 556 t f a r D 264 557 t f a r D 265 558 t f a r D 266 559 t f a r D 267 55: t f a r D 268 561 t f a r D 269 562 t f a r D 270 563 t f a r D 271 564 272 20YearEquipment ReplacementSchedule t f a r D 273 566 t f a r D 274 567 t f a r D 275 568 t f a r D 276 569 t f a r D 277 56: t f a r D 278 571 t f a r D 279 572 t f a r D 280 574 575 576 577 578 579 57: 581 582 583 584 585 586 587 588 589 58: 591 592 593 594 595 596 597 598 599 59: 5:1 5:2 5:3 5:4 5:5 5:6 2.20 Planning Commission A Planning Commission composed of 7 members is hereby established. The Planning Commission members shall serve staggered 4-year terms. The Planning Commission shall have such authority and perform such duties as prescribed by state statutes and this code of ordinances. The Planning Commission shall also have the authority to make recommendations to the City Council on all matters relating to park planning and park development.Each member of the Planning Commission shall receive such compensation per Planning Commission meeting or hearing, as shall be fixed by the Council. Section 2.Section 32.23 of the Shakopee City Code Section3. EffectiveDate.Thisordinancebecomeseffectivefromandafteritsadoptionand publication. MayoroftheCityofShakopee Attest: RickParsons,CityClerk 5:7 5:8 5:9 5::