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HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
TO: BOARD OF COMMISSIONERS
FROM: Robert McEwan, Executive Director
DATE: August 1, 2000
SUBJECT: ACCEPT INVESTMENT REPORT FOR THE QUARTER ENDING JUNE 30, 2000
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
1. RECOMMENDED ACTION:
ACCEPT the investment report of the Housing Authority of the County of Contra Costa for the
quarter ending June 30, 2000 as required by SB564(Ch 783).
II. FINANCIAL IMPACT:
None. For reporting purposes only.
III. REASONS FOR RECOMMENDATION/BACKGROUND
The Housing Authority of the County of Contra Costa is required bcomply with the new local
government investment laws effective January 1, 1996. The quarterly investment report details all
investments of the Housing Authority, including custodial institution, type of investment, amount invested,
yield, investment date, maturity date, investment period, and estimated maturity value. The investments
are in accordance with the Investment Policy, ensuring safety, liquidity and yield. All investments are held
in authorized investment securities.
IV. CONSEQUENCES OF NEGATIVE ACTION:
Should the Board of Commissioners elect not to accept the investment report it would result in an
audit finding of non-compliance and could ultimately affect future funding from the U.S. Department of
Housing and Urban Development (HUD).
CONTINUED ON ATTACIV ENT: X YES SIGNATURE .
Ir•IliIiIII�I�Y/���1��111 -- ■IIlll�lt�ll(
L,-"RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF B4 ON APPROVED AS RECOMMENDED®OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
UNANIMOUS (ABSENT } TRUE AND CORRECT COPY OF AN
AYES: NOES: _ ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
COMMISSIONERS ON THE DATE SHOWN.
ATTESTED .4 C J- I '16nn
P IL�TCHELOR,CLERK OF
THE BOARD OF COMMISSIONERS
AND COUNTY ADMINISTRATOR
0 BY EPUTY
bo-agncy wide budget
HOUSING AUTHORITY
of the
' COUNTY OF CONTRA COSTA
INVESTMENT QUARTERLY REPORT
- For Quarter Endin 6/30/2000
Investment Maturity Est. Maturity
Amount Duration Value@ Maturity
Custodial Institution Investment Types invested Yield Date Date Days Date
Bank of America
`- ICertificate of De osit119,997.83 5.20010; 5/30/00 7/2/00 33 120,561.98
,Certificate of Deposit 103,610,65 4.70010 5/26/00, 7/10/00' 451104,211.02
-
'Certificate of Deposit 155,281.16 5.20°l� 2/28100 7/20/00 4_ 158,444.64
Certificate of De op sIt —1 155,877.21 5.40% 3/27/00 8130/001 156 159,474.77
1 Certificate of De Dalt 150,350.17 5.85% 6116/001211/00 168 154,398.50
!Certificate of Deposit 150,115.61 5.64°! 2125/00'1 8125/00�� 1821 154,337.27
- - 3 Certificate of Deposit �� 150,000.00 4.85%1 3/20/00 6127/00! 991 151,973.22
I Certificate of Deposit 163,850.79 5.00% 6/5/000 11/4/00' 152 167,262.48
fCertlfiCate of Deposit 150,000.00 4.7510; 3/27100; 8111/001 13 ,674.32
Savint s _� � 6,266.45
2.00%1 120, _6,3_0_7.65
- —
Savings 10,759.87 2.00010 �— 1201 . 10,830.62
Savings 18,154.35 2.00%1 �« _ 120; _18,273.72
Savings 18,326.22 2.00010 120 18,446.72
�' 0
Savings Y^ 10,473.02 2.00l0 —
1201 10,541.88
Bank of America
Totals $ 1,363,063.33 I $-1,387,738.81
Bear Stems !Certificate of Deposit 1 99,000.00 6.10% 4/28100 4/30/01 367 $ 105,072.09
Superior Bank I Certificate of Deposit 99,000.00 5.90% 3/13/00 9/11100 182 $ 101,912.50
i _ Deposit - �� 4/24/00 10/21100 - � 1
West America r� �Certificate of De osi# 250 000.00 5.6510 ; � 1801 $ 256,965.75
_ s _ !Certificate of Deposit 100,000.00 5,65%1 4/24/0010/21 00 1801, 102,786,30_
iCertaficate of Deposit 405,537.00 5.65% 4/24/001 10/21/001 1801 416,836.48
L$ 755,537.00-- 776,588.54
Capital Bank _-� rt'f to of Deposit $ 100{t00.00 4.50°10 2/24/991 8/25/00 548' $ 106 756.16
National Bank of
Canby- w �Certificate of Deposit $ 100,000.00 6.400101 _6/16/00 6/15/01 3641 $ 106,382.47
T_�_
Farmers State Barrk Certificate of De osit $ 100,U00.00 - -6^� O%° 6/1.6/00? 6/15/011 366 4T$ 106,382.47
APS Financial - �
Corporation. !FNMA Discount Note x 199,439.81 4.980010, 2/3/00 7/20/001 168, 204,011.30
_ FNMA Discount Note 99,652.80 5.20001011 3/6/00 1!2/03 t__- 302 103,940.33
FNMA Discount Note 99,719.90 4.900% 2/3100 7/20100: 168 101,968.93
FNMA Discount Note 99,652.80 5.200010 3/6/00 1/2/01! 3021 103,940.33
FNMA Discount Note 132,152.69 4.500010 7/19/99 717/00 354 137,92O.34µ
- FNMA Discount Note _ 99,640.21 4.900010 2/25/001 8/17/00! 174' 101,967.70
1FNMA Discount Note 99,988.35 5.200010 2/28/00; 2/9/01 i- 347 104,931.34
FNMA Discount Note 99,613.88 4.900010; 2/9/00` 813/00 1761 101 967,50
$ 929,860.44 i =T I $ 960,647.75
AIM Institutional Funds money Market $ 15,209.79 _ 4.00%1 i 30 $ 15,259.79
$3,561,670.56 3,666,740,57
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