HomeMy WebLinkAboutMINUTES - 10261999 - C86 1p
HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
TO: BOARD OF COMMISSIONERS
FROM: Robert McEwan,Executive Director
DATE: October 26, 1999
SUBJECT: ACCEPT INVESTMENT REPORT FOR THE QUARTER ENDING SEPTEMBER 31, 1999
SPECIFIC REQUEST(Sl OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
I. RECOMMENDED ACTION:
ACCEPT the investment report of the Housing Authority of the County of Contra Costa for
the quarter ended September 31, 1999 as required by SB564 (Ch 783).
II. FINANCIAL IMPACT:
None. For Reporting Purposes Only.
HI. REASONS FOR RECOMMENDATION/BACKGROUND
The Housing Authority of the County of Contra Costa is required to comply 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,
vield, 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:
Failure to accept report would result in an audit finding of noncompliance and could ultimately
affect future funding from the U.S. Department of Housing and Urban Development.
ATTACHMENT: YES SIGNATURE
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE
X APPROVE OTHER
SIGNATURE(S):
100
ACTION OF BOARD ON `.s° ; .'. �,�, APPROVED AS RECOMMENDED _aHiE4-
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: ES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
COMMISSIONERS ON THE DATE SHOWN.
ATTESTED
PHIL BATCHELOR,CLERK OF
THE BOARD OF COMMISSIONERS
tJ�AND COUNTY ADMINISTRATOR
! j
BY ° y- a.. �:� y ,DEPUTY
H:\edsidmtz\INV BD0DR.DdC
HOUSING AUTHORITY of the COUNTY of CONTRA COSTA
INVESTMENT QUARTERLY REPORT --
nvsstment aturity st. aturaty
Duration Value@ Maturity
Custodial Institution Investment Types Amount Invested Yield Date Date Days
Bank of America
-- --- r- - - -- -- -- —_ --- — -- -
Certificate of Deposit 120,000.00 : 4.30%. 9/10199 10/12/99 32 120,452.38
-- - -
Certificate of Deposit 100,000.00 4.20%. 8/2199 10115199 74 100,851.51
---. Certificate of Deposit 150,000.00 : 4.15°l0 5118/99 1018/99 143 - 152,438.84
------ —--- -- ---
Certificate of Deposit 150,000.00 4.15°!0 5118199 10/21/99 156 152,660.55
Certificate of Deposit 150 000.00 4.70% 7/16/99 12/31/99 168 153,244.93
;Certificate of Deposit -150,000.00 5.16°I°' 8127199 2!25!00 182 153,859.40
Certificate of Deposit 150,000.00 - -- --
- -- -
� 4.20% 912199 12110!99 99 151,708.77
Certificate of Deposit 150,000.00 4.506/. 8/11/99. 113!00 145 152,681.51
Certificate of Deposit - 150,000.00 4.25% 6/21/99' 11/8199 140 152,44521
p 0 --
:Certificate of Deposit 150,000.00 4.5510 8/10/99' 11!30!99 120 152,243.84
Savings 6,218.82 2.00°!0 120 --- 6,259.71
Savings 10,67$.07 2.00°!0 -- - 120 10,748.28
Savings 18,016.36 2.00% 120 18,134.82
Savings 18,18&93 2.00% 120 18,306.52
Savings 10,393.41 2.00% 120 — 10,461.75
Bank of America Totals 1,483,493.59 ---- $ 1,506,498.00
Imperial Bank Certificate of Deposit 99,000.00 5.40% 7/27/99 10/29/99 94 $ 100,376.78
West America Certificate of Deposit 28,723.53( 4.40% 5118199 9130199 135 $ 29,190.98
Certificate of Deposit 31,58$.56 4.4010 5/18/99 9130199 135' 32,102.63
- - - - --
Certificate of Deposit 66,165.$1 4.40°l0 5118!99 9/3{!/99 135 67,242.59
$ 126,477.90 - - -- - --
-- _ --_ ---- -- -- $ 128,536.20
25W 3/26/99 2126/00 33�7
- - P — - -- 103,923.97
Franklin_in_ at an Certificate o eposa# 100 000.00 4.50 I0 2/25159 8 25100 547 _ - -
Capital Bank Certificate of Deposit 100,000.00 ° 106,743.84
National Bank of Canby Certificate Deposit - 100 000.00 4.85% 6/16/99
-- y -- po _ 9_ 6/16/00;--- 366 104,$63.29
Farmers State Bank Certificate of Deposit 100,000.00 5.30% 6/17/99 6/12/00; 3611 105;241.92
APS Financial - --- _--
Corporation. FNMA Discount Note 195,793.17 4.250% 814/99 2/2/00 182 199,942.38
FNMA Discount Note 97,919.22 4.2506/6 8/13/99 219/00 180: 99,971.50
- FNMA Discount Note 97,907.90 4.250% 8F6/99 2!3100 _- 1$1 98,971.34
1 NMA Discount Note 132,152.69 4.500% 7/19/99 717/00 354 137,920.34
523,772.98 -- 537,805.56
-- --
AIM Financia( --- Money-market - -_ 102 068.79 102,068.79
Money Market 104,120.72 - 104 120.72
2{16,189.51 206,189.51
Community n
State Bak Certificate of Deposit 100,000.00
_-- _ -- p - —4.25% — 2!24199 224/00 365. 104,250.00
rtT --,Treasury Bill -66-,64---- 4._60-9/6 --- _ -— -1 --
21
t ibe Financial GNMA -Bill 1,10 ,003.75 7.010% 8 113/99 2610/00 181 189,611.63
1,139,222.15
- - - -
Treasury Bill 236,754.34 4.80%, -8/_13169-8113199 2/10100 181 — 242,389.74
Treasury Bill 62,134.93 4.80% $113!99 2110100 181 63,613.91
- --- -
Treasury Bill 60,000.00 : 4.80%' 8/13/99 2110100 181 61,428.16
Treasury Bill 40,000.00 4.80% 8/13199 2/10100 181 40,952.11
- ----- -
1,686,534.75 --- 1,737,217.72
-- -
$
4,741,646.7
4,625,468.73 - --
-- - $ 8
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