HomeMy WebLinkAboutMINUTES - 01242005 - HA1 HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA H,4 .
TO: BOARD OF COMMISSIONERS
FROM: Rudy Tamayo, Acting Executive Director
DATE: January 24, 2006
SUBJECT: ACCEPT INVESTMENT REPORT FOR THE QUARTER ENDING DECEMBER 31, 2005
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, 2005 as required by SB564(Ch 783).
II. FINANCIAL IMPACT:
None. For reporting purposes only.
Ill. 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: YES SIGNATU u��
R Tamayi, cfing Executive rector
L/
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD
COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD 0AA I i hI I APPROVED AS RECOMMENDED V/ OT ER
0&jF im
A
VOTE OF COMMISSIO RS
I HEREBY CERTIFY THAT THIS IS A
V UNANIMOUS (ABSENT (114YL40 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 6b,0tt4&U 02A cPCZ?
JOHNS TEN tLERK OF
THE BO OF COMMISSIONERS
AND COUNTY ADMINISTRATOR
BY ,,DEPUTY
H:\JudyHayes\MSOFFICE\WINWORD\BOARD\BO-Investment Report.doc
HOUSING AUTHORITY OF CONTRA COSTA COT.. NTY
INVESTMENT REPORT
For Period Ending 12/31/2005
Custodial Institution Investment Type Amount Invested Yield I-nvestment Date Maturity Date Duration Days Estimated Value@
Maturity Date
APS Financial Co
Cash Fund Money Market 21,986.60 1.000% 21,986.60
Federal Home Loan Bank Discount Note 40,000.00 4.250% 4/14/05 3/15t10 1796 48,364.93
Federal Natl Mtg Assoc Discount Note 100,000.00 4.450% 5/03/05 11/23/09 1665 120,299.32
Federal Natl Mtg Assoc Discount Note 1001000.00 4.410% 6/03/05 15/24/10 1816 1219941.26
Federal Home Loan Bank Discount Note 345,000.00 4.500% 6/07/05 3/08110 1735 418,796.92
Federal Natl Mtg Assoc -1 Discount Note 600*000.00 4.500% 6/08/05 2/25110 1723 7279454.79
Federal Natl Mtg Assoc -1 Discount Note 300,000.00 4.500% 6/30/05 2/25110 1701 362,913.70
Federal Natl Mtg Assoc -1 Discount Note 1009000.00 4.500% 7/06105 2/25t10 1695 120,897.26
Federal Natl Mtg Assoc Discount Note 1259000.00 4.550% . 7/27/05 5124/10 1762 152,455.82
Federal Home Loan Bank Discount Note 255,000.00 4.800% 7/28/05 8/10/10 1839 3161669.48
Federal Natl Mtg AssocDiscount Note 100,000.00 5.000% 8/10/05 8/10/10 1826 125,013.70
Federal Natl Mtg Assoc Discount Note 1009000.00 5.000% 8/24/05 8/24/10 1826 1259013.70
Federal Natl Mtg Assoc Discount Note 100,000.00 5.000% 8/24/05 8/24/10 1826 1250013.70
Federal Natl Mtg Assoc Discount Note 100,000.00 4.375% 10/18/05 1/12/09 1182, 114,167.81
Sub-totals 21386,986.60 2,900,988.98
Bearn Stearns Securities
Alliance Instl Reserves Inc Money Market 39.00 1.770% 39.00
United Kingfield Bank Certificate of Deposit 100,000.00 3.000% 12/30/03 12/29/06 1095 1091000.00
Capital City B&T Co Certificate of De sit 99,000.00 3.660%1 12/30/041 12/30/07 1095 1091870.20
Mutual Bank Certificate of Deposit 999000.00 4.100% 11/13/2005 1/4/2009 1452 1159147.04
Security ST Bank of Wannamingo Certificate of De sit 100,000.00 4.000% 3/16t05 6/16/08 1188
Providian National Bank Certificate of Deposit 1001000.00 4.000% 4/11/05 1/11/08 1005
Sub-totals $ 498,039.00 $ 334,056.24
Ke Bank USA NA Certificate of Deposit 999000.00 4.870% 9/14/01 9/14/06 1826. 123,119.71
L A I F(Acct#25-07-003) Liquid Account $ 1,440,552.58 3.180% 1,440,552.58
DE ANZA GARDENS LP LOAN $ 190009000.00 3.000% 110001000.00
Grand Totals $ 514249578.18 $ 37,148.00 $ 389974.00 11826.00 51798J17.51
INVESTMENTS 05-06
OCT-DEC-05) Page 1 of 1 Last Printed: 1/3/2006
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