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HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA ,
1 .
TO: BOARD OF COMMISSIONERS
FROM: Rudy Tamayo, Executive Director
DATE: April 17, 2007
SUBJECT: ACCEPT INVESTMENT REPORT FOR THE QUARTER ENDING MARCH 31, 2007
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, 2007 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 ��'� ,U
Rudy amayo, ecutive Director
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON (, pZ OCI APPROVED AS RECOMMENDED V OCHER
VOTE OF COMMISSIONERS
./ I HEREBY CERTIFY THAT THIS IS A
N UNANIMOUS (ABSENT he4es ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: 4/). ABSTAIN: MINUTES OF THE BOARD OF
COMMISSIONERS ON THE DATE SHOWN.
ATTESTED /�, qV07
JOHN CULL N,CLERK OF
THE 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 03/31/2007
Investment Type Amount Invested Yield Investment Date Maturity Date Duration Days Estimated Value@
Maturity Date
APS Financial Corp.
Cash Fund Money Market 68,574.04 1.000% 68,574.04
Federal Natl Mtg Assoc Discount Note 100,000.00 4.410% 6/03/05 5/24/10 1816 121,941.26
Federal Home Loan Bank Discount Note 345,000.00 4.500% 6/07/05 3/08/10 1735 418,796.92
Federal Natl Mtg Assoc -1 Discount Note 600,000.00 4.500% 6/08/05 2/25/10 1723 727,454.79
Federal Nall Mtg Assoc -1 Discount Note 300,000.00 4.500% 6/30/05 2/25/10 1701 362,913.70
Federal Natl Mtg Assoc -1 Discount Note 100,000.00 4.500% 7/06/05 2/25/10 1695 120,897.26
Federal Nat[ Mtg Assoc Discount Note 125,000A0 4.550% 7/27105 5/24/10 1762 152,455.82
Federal Nat[ Mt9 Assoc Discount Note 100,000.00 5.000% 8/10/05 8/10/10 1826 125,013.70
Federal Natl Mtg Assoc Discount Note 100,000.00 5.000% 8/24/05 8/24/10 1826 125,013.70
Federal Natl Mtg Assoc Discount Note 100,000.00 5.000% 8/24/05 8/24/10 1826 125,013.70
Federal Natl Mtg Assoc Discount Note 100,000.00 4.375% 10/18/05 1/12/09 1182 114,167.81
Federal Home Loan Bank Discount Note 100,000.00 5.350% 5/05/06 3/03/11 1763 125,841.23
Federal Natl Mtg Assoc Discount Note 100,000.00 5.750% 6/12/06 4/07/11 1760 127,726.03
Federal Natl Mtg Assoc Discount Note 150,000.00 5.400% 8/10/06 1/27/11 1631 186,194.79
Federal Farm Credit Bank Discount Note 120,000.00 5.280% 12/11/06 6/08/10 1275 142,132.60
Federal Natl Mtg Assoc Discount Note 135,000.00 5.400% 1/25/07 12/19/11 1789 170,730.99
Federal Home Loan Bank Discount Note 100,000.00 5.150% 2/02/07 8/25/11 1665 123,492.47
Sub-totals 2,743,574.04 3,338,360.81
Bearn Stearns Securities
Capital City B&T Co Certificate of Deposit 99,000.00 3.660% 12/30/04 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 Wannamin o Certificate of Deposit 100,000.00 4.000% 3116/05 6116/08 1188 113,019.18
Providian National Bank Certificate of Deposit 100,000.00 4.000% 4/11/05 1/11/08 1005 111,013.70
Shore Bank Certificate of Deposit 50,000.00 4.360% 1/09/06 6/14/10 1617 59,657.70
Discover bank Certificate of Deposit 15,000.00 5.400% 1/12/06 5/06/11 1940 19,305.21
Middleton Community Bank Certificate of Deposit 25,000.00 4.800% 1/12/06 1/11/08 729 27,396.71
Peoples Bank&Trust Co Certificate of Deposit 99,000.00 5.400% 5/17/2006 5/19/2008 733 109,735.94
Union National Bank&Trust Certificate of Deposit 99,000.00 5.050% 5/11/06 5/11/07 365 103,999.50
First Bank of HenryCounty Certificate of Deposit 99,000.00 5.650% 9/18/06 9/18/08 731 110,202.32
CIT Bank-Salt Lake Certificate of Deposit 40,000.00 5.450% 10/23/06 12/18/07 421 42,514.47
Amerika Samoa Bank Certificate of Deposit 100,000.00 5.150% 12/27/06 6/27/08 548 107,732.05
Sub-totals $ 925,000.00 $ 1,029,594.01
L A I F Acct#25-07-003 Liquid Account $ 2,745,794.48 5.110% 2,745,794.48
DE ANZA GARDENS LP LOAN $ 1,000,000.00 3.000% 1,000,000.00
Grand Totals $ 7,414,368.52 $ $ $ $ 8,113,749.30