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HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
TO: BOARD OF COMMISSIONERS
FROM: Robert McEwan, Executive Director
DATE: May 3, 2005
SUBJECT: ACCEPT INVESTMENT REPORT FOR THE QUARTER ENDING MARCH 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 March 31, 2005 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 APPROVED AS RECOMMENDED OT ER
VOTE OF COMMISSIONERS
DI HEREBY CERTIFY THAT THIS IS A
UNANIMOUS (ABSENT T-el)ee� 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
. naV
J04N SWtETEN,CLERK OF
TM BOARD OF COMMISSIONERS
AND COUNTY ADMINISTRATOR
BY ,DEPUTY
H:\JudyHayes\MSOFFICE\WINWORD\BOARD\BO-Investment Report.doc
HOUSING AUTHORITY OF CONTRA COSTA COUNTY
INVESTMENT REPORT
For Period Ending 03/31/2006
Custodial Institution Investment Type Amount Invested Market Value as at Yield Investment Date Maturity Date Duration Days Estimated Value@
04101/04 Maturity Date
APS Financial Corp.
Cash Fund Money Market 31 767.85 0.500% 311767.85
Federal H/Loan Mt g Corp Discount Note 2351000.00 2371129.10 3.000% 3/28/03 3/28/08 1827 2701288,63
Federal Home Loan Bank Discount Note 2651000.00 2661075.90 3.160% 6/19/03 6/19/08 1827 3061915.88
Federal Home Loan Bank Discount Note 3551000.00 354,666.30 2.870% 7/02/03 7/02/08 1827 4051998,33
Federal Natl Mt q Assoc Discount Note 3251000.00 3261055.50 2.600% 6/30/03 6/30/08 1827 3671296.30
Federal Home Loan Bank Discount Note 3951000.00 3951865.05 3.350% 8/07/03 8/07/08 1827 4611235,01
Federal Natl Mt g Assoc Discount Note 1201000.00 1181875.60 3.150% 3/23/04 3/16/09 1819 1381837.86
Federal H/Loan Mt g Corp Discount Note 1201000.00 122,861.22 3.750% 7/15/04 4/28/08 1383 1371050.68
Federal Natl Mt g Assoc Discount Note 1001000.00 1021000.00 3.550% 9/14/04 9/14/09 1826 1171759.73
Federal Home Loan Bank Discount Note 1001000.00 100,000.00 3.250% 12/30104 12/30/09 1826 1161258.90
Sub-totals 29046,767.86 21023l628.67 341,792.00 367,781.00 16,989.00 21363,409.18
Bearn Stearns Securities
Alliance Instl Reserves Inc Money Market 35.00 0.380% 35.00
United Kingfield Bank Certificate of Deposit 100,000.00 3.000% 12/30t03 12/29/06 1095 1091000.00
Capital City(3&T Co Certificate of Deposit 991000.00 3.660% 12/30t04 12/30/07 1095 109,870-20
Mutual Bank Certificate of Deposit 99,000.00 4.100% 1/13/2005 1/4/2009 1452 115 147.04
Security ST Bank of Wannamingo Certificate of Deposit 1001000.00 4.000% 3/16/05 6/16/08 1188
Sub-totals $ 398,036.00 $ 334,062.24
Key Bank USA NA Certificate of Deposit 991000.00 4.870% 9/14/01 9/14/06 1826 123,119.71
L A I IF(Acct#26-07-003) Liquid Account $ 11167,666.63 1.670% 11167,666.63
DE ANZA GARDENS LP LOAN $ 12000,000.00 3.000% 110001000.00
Grand Totals $ 41711,468.48 $ 2t023,628.67 $ 378,940.00 $ 3969766.00 $ 17,816.00 $ 4,978,236.76
INVESTMENTS 04-05
(JAN-MAR-05) Page 1 of 1 Last Printed:4/4/2005