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HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
iO: BOARD OF COMMISSIONERS
FROM: Robert McEwan, Executive Director
DATE: May 15, 2001
SUBJECT: ACCEPT INVESTMENT REPORT FOR THE QUARTER ENDING MARCH 31, 2001
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 March 31, 2001 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: YES SIGNATURE
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON May 15 , 2001 APPROVED AS RECOMMENDED XX OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
X.XL 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 May 19 , 2001
CLERK OF
THE BOARD OF COMMISSIONERS
AND COUNTY ADMINISTRATOR
B & EPUTY
bo-agncy wide budget I 0(j
HOUSING AUTHORITY of the COUNTY OF CONTRA COSTA
INVESTMENT QUARTERLY REPORT
For Quarter Ending 3/31/2001
Amount Investment Maturity Duration Est. Maturity
FA8-00849
Institution Investment Types Invested Yield Date Date Days Value@ Maturity
Date
ca
01816 Certificate of Deposit 170,792.14 5.600% 1.1/06/00 4/09/01 154 174,827.51
Certificate of Deposit 162,076.38 5.850% 12/11/00 5/03/01 143 165,791.04
01812 Certificate of Deposit 119,997.83 4.200% 3/26/01 4/27/01 _ 32 120,439.69
Acct#1954-00850 Certificate of Deposit 163,444.98 4.700% 2/02/01 7/09/01 157 166,749.26
Acct#1951-01813 Certificate of Deposit 150,120.36 4.880% 2/23/01 8/24/01 182 153,773.26
Acct#1950-00243 Certificate of Deposit 150,000.00 4.950% 1/11/01 4/20/01 99 152,013.90
Acct#1954-01817 Certificate of Deposit 150,000.00 5.250% 1/02/01 5/21/01 139 152,998.97
Acct#1958-85022 Savings 6,330.26 2.500% 120 61382.29
Acct#1950-85002 Savings 10,869.39 2.500% 120 10,958.73
Acct#1952-85001 Savings 18,339.13 2.500% 120 18,489.86
Acct#1958-85003 Savings 18,512.75 2.500% 120 18,664.91
Acct#1957-85028 Savings 10,579.63 2.500% 120 10,666.59
Sub-total $ 1,131,062.85 ff $ 1,151,756.00
Liberty Financial Co. U.S Treasury Bills 1,000,310.00 6.247% 9/14/00 4/06/01 204 1,035,235.56
17
West America Bank Certificate of Deposit 100,000.00 5.750% 12/18/00 6/16/01 180 102,835.62
APS Financial Corp.
Cash Funds Money Market 2,017.25
Federal Home Loan Bank Discount Note 314,332.87 7/20/00 7/19/01 364 314,332.87
Federal Home Loan Bank Discount Note 221,354.97 4.309% 2/07/01 8/08/01 182 226,111.00
Federal Home Loan Bank Discount Note 131,574.60 2/26/01 8/23/01 178 131,574.60
Federal Home Loan Bank Discount Note 104,956.28 3/02/01 8/31/01 182 104,956.28
Federal Home Loan Bank Discount Note 106,693.20 1/04/01 7/05/01 182 106,693.20
Calif e Certificate#CF701 93,000.00 6.750% 8/03/00 7/19/01 350 99,019.52
Sub-total 973,929.17 982,687.47
Capital Bank (#5007887) Certificate of Deposit 100,000.00 6.500% 8/25/00 8/27/01 367 106,535.62
Stearns Bank, Canby Certificate#105443 100,000.00 6.400% 6/16/00 6/15/01 364 106,382.47
Stearns Bank, Evansville Certificate#7037 100,000.00 6.400% 6/16/00 6/15/01 364 106,382.47
AIM Institutional Funds
Acct#62021 Money Market 6,888.80 4.000% 9/25/98 30 6,911.45
Acct#62015 Money Market 9,146.88 4.000% 4/27/98 30 9,176.95
Sub-total $ 16,035.68 $ 16,088.40
Bearn Stearns Securities
Alliance Instl Reserves Money Market 532.00 532.00
Lighthouse Commmunity Bk Certificate of Deposit 99,000.00 6.100% 4/28/00 4/30/01 367 105,072.09
First NB&TC of Columbus Certificate of Deposit 100,000.00 6.000% 9/19/00 6/19/01 273 104,487.67
Signal Bank South Certificate of Deposit 99,000.00 6.100% 9/14/00 9/14/01 365 105,039.00
Western State Bank Certificate of Deposit 100,000.00 6.100% 9/20/00 9/20/01 365 106,100.00
People's ST Bk of Truman Certificate of Deposit 100,000.00 6.140% 9/26/00 10/26/01 395 106,644.66
Greater South Texas Certificate of Deposit 100,000.00 6.150% 9/25/00 11/25/01 426 107,177.81
Nextbank.N.A Certificate of Deposit 100,000.00 6.100% 12/21/00 5/21/02 516 108,623.56
First Bank of Puerto Rico Certificate of Deposit 100,000.00 6.150% 9/20/00 9/20/02 730 112,300.00
EFS Federal Savings Bank Certificate of Deposit 100,000.00 6.200% 9/25/00 10/25/02 760 112,909.59
First Federal Savings Bank Certificate of Deposit 100,000.00 6.200% 9/26/00 11/26/02 791 113,436.16
Habersham Bank Certificate of Deposit 100,000.00 6.250% 9/25/00 12/28/02 824 114,109.59
Flagstar SanK 1-6B Certificate of Deposit 100,000.00 5.250% 1/11/01 1/13/03 732 110,528.77
Sub-total $ 1,198,532.00 $ 1,306,960.90
LAIF(Acct#25-07-003) Liquid Account $ 401,092.55 6.160% $ 401,092.55
Grand Total $5,120,962.25 $ 5,315,957.05
Invest03-01
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