HomeMy WebLinkAboutMINUTES - 02132001 - HA.1 D.5
THE BOARD OF SUPERVISORS
CONTRA:COSTA COUNTY; CALIFORNIA
Date: February 13, 2001 Public Comment
On this date, the Board called for public comment, no one appeared to speak,
public comment was closed.
THIS IS A MATTER FOR RECORD PURPOSES ONLY
NO BOARD ACTION WAS TAKEN
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HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
TO: BOARD OF COMMISSIONERS
FROM: Robert McEwan, Executive Director
DATE: February 13, 2001
SUBJECT: ACCEPT INVESTMENT REPORT FOR THE QUARTER ENDING DECEMBER 31, 2000
SPECIFIC REQUEST(S) 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 ending DECEMBER 31, 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 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:
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 ATTACHMENT: X YES SIGNATURE
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON February 13, 2001 APPROVED AS RECOMMENDED XX OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS ISA
XX 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 February 13, 2001
PHIL BATCHELOR, CLERK OF
THE BOARD OF COMMISSIONERS
AND COUNTY ADMINISTRATOR
BY rE111UTY
bo-agncy wide budget
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HOUSING AUTHORITY of the COUNTY OF CONTRA COSTA
INVESTMENT QUARTERLY REPORT
For Quarter Ending 12/31/2000
Amount Investment Maturity Duration Est. Maturity
Custodial Institution Investment Types Invested Yield Date Date Days Value@ Maturity
Date
Sank of America Certificate of Deposit 119,997.83 5.200% 12/15/00 1/17/01 33 _ 120,561.98
Certificate of Deposit 106,890.51 5.200% 1/05/00 3/20/01 440 113,590.93
Certificate of Deposit 155,281.16 5.850% 12/11/00 5/03/01 _ 143 _ 158,840.08
Certificate of Deposit 155,877.21 5.600% 8/30/00 2/02/01 156 159,608.01
Certificate of Deposit 150,115.61 5.160% 8/25/00 2/23/01 182 153,977.98
Certificate of Deposit 150,000.00 5.600% 10/04/00 1/11/01 99 152,278.36
Certificate of Deposit 150,000.00 5.600% 11/06/00 4/09/01 154 153,544.11
Certificate of Deposit 169,317.20 5.600% 1/02/00 5/31/01 515 182,695.58
Savings 6,298.36 2.500% 120 6,350.13
Savings 10,814.64 2.500% _ 120 _ 10,903.53
Savings 18,246.76 2.500% 120 18,396.73
Savings 18,419.50 2.500%1 120 _ 18,570.89
Savings 10,526.34 2.500% 120 10,612.86
$ 1,221,785.12 $ 1,259,931.17
Bear Sterns Certificate of Deposit 100,000.00 6.150% 9/20/00 9/20/01 365 $ 106,150.00
Superior Bank Certificate of Deposit 99,000.00 6.1000/69/13/00 9/13/01 365 $ 1051039.00
West America U.S Treasury Bills 293,536.90 6.052% 7/20/00 1/25/01 189 $ 302,735.69
U.S Treasury Bills 1,003,750.00 6.247% 9/14/00 4/06/01 204 $ 1,038,795.67
Certificate of Deposit 100,000.00 6.750% 12/18/00 6/16/01 180 103,328.77
$1,397,286.90 - $ 1,444,860.12
First NG &TC Certificate of Deposit $ 100,000.00 6.000% 9/20/00 6/20/01 273 104,487.67
Western State Bank Certificate of Deposit $ 100,000.00 6.1000/6 9120/00 9/20101 365 $ 106,100.00
Capital Bank Certificate of Deposit $ 100,000.00 6.500% 8/25/00 8/27/01 367 $ 106,535.62
National Bank of
Canby Certificate of Deposit $ 100,000.00 6.400% 6/16/00 6/15/01 364 $ 106,382.47
Farmers State Bank Certificate of Deposit $ 100,000.00 6.400% 6/16/00 6/15/01 364 $ 106,382.47
APS Financial
Corporation. FNMA Discount Note 203,714.39 6.450% 7/20/00 7/19/01 364 216,817.97
FNMA Discount Note 99,652.80 5.200% 3/06/00 1102101 302 103,940.33
FNMA Discount Note 110,605.34 6.350% 8/17/00 2/07/01 174 113,953.50
FNMA Discount Note 93,000.00 6.639% 8/03/00 7/19/01 350 _ 98,920.53
FNMA Discount Note 99,988.35 5.200% 2/28/00 2/09/01 347 104,931.34
FNMA Discount Note 109,836.79 6.451% 7/20/00 7/19/01 364 116,90;2.95
FNMA Discount Note 99,652.80 5.200% 3/06/00 1/02/01 302 _ 103,940.33
FNMA Discount Note 128,519.24 6.500% 7/07/00 11/27/01 508 140,145.83
$ 944,969.71 $ 999,552.77
AIM Institutional Funds Money Market $ 6,534.02 4.000% 9/25/98 30 $ 6,555.50
Money Market $ . 8,675.77 4.000% 4/27/98 30 $ 8,704.29
$ 15,209.79 $ 15,259.79
EFS Federal Savings
Bank Certificate of Deposit $ 100,000.00 6.200% 9/25/00 10/25/01 30 $ 100,509.59
First Federal Savings
Bank Certificate of Deposit $ 100,000.00 6.200% 9/25100 11/25/01 30 $ 100,509.59
Habersham Bank Certificate of Deposit $ 100,000.00 6.250% 9/25/00 12/28/01 30 $ 100,513.70
People's State Bank Certificate of Deposit $ 100,000.00 6.140% 9/26/00 10/26/01 30 $ 100,504.66
Greater South Texas Certificate of Deposit $ 100,000.00 6.150% 9/25/00 11/25/01 30 $ 100,505.48
Lighthouse
Commmunity Certificate of Deposit $ 99,000.00 6.100% 4128/00 4/30/01 30 $ 99,496.36
Nextbank.N.A Certificate of Deposit $ 100,000.00 6.100% 12/21/00 5/21/01 30 $ 100,501.37
$4,977,251.52 $ 5,163,221.82
4thgtr2000
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