HomeMy WebLinkAboutMINUTES - 11021999 - C60 C66
HOUSING A UTHORITY OF THE COUNTY OF CONTRA COSTA
TO: BOARD OF COMMISSIONERS
FROM: Robert McEwan,Executive Director
DATE: November Z, 1999
SUBJECT: ACCEPT INVESTMENT REPORT FOR THE QUARTER ENDING SEPTEMBER 30, 1999
SPECIFIC REQUE, T(S)OR RECOMMEND, A�N,(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 30, 1999 as required by SB564 (Ch 783).
II. FINANCIAL IMPACT:
None. For Reporting Purposes Only.
III. REASONS FOR RECOMMENDATION/BACKGROUND
The Dousing 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,
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:
Failure to accept report would result in an audit finding of non-compliance and could ultimately
affect future funding from the U.S. Department of Dousing and Urban.Development.
ATTACHMENT: -*"YES SIGNATURE
r RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE
] � APPROVE OTHER
SIGNATURE(S): �
ACTION OF BOARD ON is"' f_. APPROVED AS RECOMMENDED OR
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.
4� 4949
ATTESTED^, �' z
PHIL BATCHELOR,CLERK OF
THE BOARD OF COMMISSIONERS
AND COUNTY ADMINISTRATOR
BY r« -,.DEPUTY
H:ledsidmtz\1N VBD0DR9'99.doc
HOUSING AUTHORITY of the COUNTY of CONTRA COSTA
tNVESTNI NT QUARTERLY REPORT
investment Maturity Duration st. aturity
Custodial Institution Investment Types Amount Invested Yield Date Date Days
Value@ Maturity
Bank of America _,
--- _.
-- Cericate of Deposit 126}060.00 4.30°l0 9!10199 10!12/99 32 120 452.9$
Certificate_.-- -
Certificate of Deposit iQ0,0Q0.00 4.20°l0 8/219$ 10/15/99 74 100,$51.51
Certificate of Deposit 150,000.00 4.15°l0 5/18/99 10/$/99 143 152,438.84
_ Certificate of Deposit 150!340.00 4.15% 0!1$19g710/21/99:: 156 152,660.55
Certificate of Deposit 150 000.00 4.70% 7/1ii/99 12/31/99. 168 153,24#.93
_- Certificate of Deposit 150 060.00 5.16°I° $/27199 2/25/00 182 153 859.40
- -_.. - - -
Certificate of Deposit 150,000.00 4.20-% 9/2/9912/10/99 99 151 708.77
Certificate of Deposit_ 150 006.00 4.50% $/11199 1!3/030 1451 152,881.51
Certificate of Deposit 150€000.00 4.25% 6/21/99 11/8/99 140 152,445.21
_-. - - _ -,
Certificate of Deposit 150 000.04 4 55°/a 8/10/99 11/30/99 120 152 243.84
__- Savings - 6,218.82 2 Ob% 120 6,259.71
Savings 10,678.07 2.063°k 120 10,748.28
Savings 18,01636 2.00°!a 126 18,134,82
---
Savings 18,186.93 2,00% 1203 18,3016.52
--
,Savings 10,393.41 2.00% 120; 10,461.75
Bank- America Totals j $ 1,483,493.59 $ 1,506,498.00
.__ 7!27!99 10?129/99 94) $ 100,376.78
_ -Deposit- 28 723.53 ° -.. _- _ - � _-..
p4 40/a' ..
€m aria!Bank Certificate of 99;060.00 5/18139' _9/30/99 135FA$ 29,180.98
West Amenca Certificate of[3e Dalt _
_ - - _ -
Certificate of Deposit 31,588-56 4.463� 5/18199 9t30t99 135 32,102.69
---.-__Certificate of Deposit 66,165.81 4.46 la 5!18/99 9t30t99 135. 67,242.59
$ . 126,47T99Q� 128,53620
Franklin Nati Bank Cert�cate of Deposit 160,000.00 4 25°!a 3/26/99] 2/26100 337 103,923.97
Ca stat Bankertifcate of De osit $ 100 06103,60 4 ko la 547 $- 146,743.64
p -^ 2125199 8!25160
National Bank of Canby `Certificate of Depasit $ 100 000.00 -4.115-0/6 6116199 6116100 366' $ 104,863.29
-_-._ - .�- i $ 100,000.00 530°l0 6117/95 6112100 361 $ -105,241.92
Farmers State bank Certificate of Deposit ��
APS f=inancial --_ ° --
_-__- 9 � 4.250%_ _ _8/ _ 2/2/030 182 199,942.38
FNMA Discount Note 97,919.22 ° 8t13t99 � _.-_ _
Corporation.-_- - FNMA Discount Note 195,793.17 4.250!0 _8/4
�2/9t00'- 180' 99,971.50
FNMA Discount Note 97,907.90 4.250/a 816/99} 213/00 181 - 99,971.34
_ - -- -'W/
-. 1_.---
FNMA Discount Note 132,152.69 4.500%--,-- 137,920.34 7/19/99 717106 354
523 772.98 _- $ - 537,805.56
AIM Financial Money Market 102,068.79 102,068.79
_--
Money Market 104 120 72
L 104120.72 -- - T
$ 20618 9.51 - $ 206,189.51
I� `/24/99 2124/00 365 $ - 104 250.00
Community State-Bank !Certificate of Deposit $ 100 000.00 4 25
l.tbert Financial C�NMA BIII 1,1016,063.75 7,QOl°( 8/13/99: � _-
__ 215199 -616199 121 189,611.63
° - 2/10/00: 181 1,139,222.15
Treasury Bill 236,754.34 4.80% 8/13/99 2/10160' 1811 242,389.74
Treasury Bili 62 134,93 4 80°!0 $!13!99 2/10/06 181 63,613.91
-.. _.. - --- -- --..- -
Treasury Bill__ 60 000.00 4.80%a 8113/99 2110100 1$1 61,42$.16
Treasury Bill 40,000.00 4.80°!0 8/13199 2110/00 181 40,952.11
$ 1,686,534.75 : $ 1,737,217.72
$ 4,625,468.73 : -- $ 4,741,646.78
Page 1
AGENDA DATE ITEM NO
BACKGROUND NOT AVAILABLE AT
THE TIME AGENDA PACKET COMPILED
INFORMATION FOR THIS ITEM PREVIOUSLY
FURNISHED
ORAL REPORT TO BE GIVEN AT BOARD MEETING
ERROR.IN NUMBERING AGENDA ITEM
DELETED
DOCUMENTS ON FILE WITH
CLERK
PUBLIC COMMENT
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