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HomeMy WebLinkAboutFin SA Investment Report 2013.09Agenda Item No: 6 , a Meeting Date: November 4, 2013 SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY AGENDA REPORT Prepared by: Van Bach, U�) Accounting Manager City Manager Approval�.l SUBJECT: INVESTMENT REPORT FOR THE THIRD QUARTER 2013 RECOMMENDATION: ACCEPT INVESTMENT REPORT FOR THE QUARTER ENDING SEPTEMBER 30,2013, AS PRESENTED Pursuant to the State of California Government Code Section 53601 and the City's investment policy, last reviewed and approved by the Board on June 3, 2013, staff provides the governing body a periodic report on the Successor Agency's investment 2ctivities. The report outlines the investment activity for the preceding quarter. Included on the report are the cost of each investment, the interest rates (yield), maturity dates, and market value. The proceeds of the 1999, 2002 and 2009 Tax Allocation Refunding Bonds, are invested with the Local Agency Investment Fund (LAIF) for future projects or administrative costs. The ending cash balance of this investment account at quarter end was $709,533. The other LAIF account $142,993 contains housing funds for future administrativ- !i .. The LAIF pools is intended to be liquid, and produced about .26% investment return for the third quarter of 2013. The remaining unspent portion of 1999 bond proceeds are held an account with U.S. Bank $1,340,615. These funds will be use either to reimburse project expenditures or make payment on the 1999 bonds. F 1e N Q. Agency Meeting- Disposit' ion: The San Rafael Successor Agency for the San Rafael Redevelopment Agenc checking account, which is used for the weekly disbursements, had a balance o $709,509 at quarter end. )I I&IOUNIMam" No financial impact occurs by adopting the report. The Successor Agency continues to meet the priority principles of investing - safety, liquidity and yield in this respective order. The portfolio remains conservatively invested. Sufficient liquidity exists to meet operational requirements for the next six months. The Board should accept and file the investment report as presented. low I ml llill Iii TREASURER'S CERTIFICATION CERTIFY 1 ALL INVESTMENTS ♦ D ARE IN CONFORMANCE SUCCESSOR AGENCY'S APPROVED INVESTMENT POLICY AND STATE INVESTMENT REGULATIONS. THE SUCCESSOR AGENCY HAS SUFFICIENT LIQUIDITY TO MEET ALL OF THE OBLIGATIONS REQUIRED DURING THE NEXT SIX-MONTH ii w w cn u a D CL 49t CN Ict W CL CL (D I,-- I,,— 0 0 0 C\i N M 0) z z z CN LO U') o) (0 r`- :t a) C\l 0 00-1, 1 "1 0 1, 0 Z E 0co CY) U) 05 > < z Z z U) w < C) o 0 UJ CL m — cii 0 ca,�, w Y- z ui 0 CL - 0 o 4-1 Qz qq;r CN Nr LO A (D M w Z 0 M w z :D - CN U0 Z) < n D C — 0 LL/j o QU) CL 0 w - U) ry w :D CL D CL C�", CY) 0) T- LO -Cn �c LC) 0) (D C\f Q 00 'j (Y) (;q 60- 6c)- 69)- 6cy It CN 'IT LO (0 l*- C-� (Y) 0*) Lo o) Cn C4 co C) it It I,-- T- CIO 60- � (j)- 60- 60- (C) (0 C:) CN N 0 ci Z z z z W CL CL w w W CL CL CL 00 0 0 0 Z z z z z W w CL CL w w w CL CL CL 00 0 0 0 CL CL C/) U) U) 0 Z E 0co CY) LLJ U) 05 > < z Z z U) w < C) o 0 UJ CL m — cii 0 ca,�, w Y- z ui 0 CL - 0 o 4-1 Qz z U) 5 m z < w z < m > < Z w M w Z 0 M w z :D - CN U0 Z) < n D C — 0 LL/j o QU) CL 0 w - U) ry w :D CL D CL C�", I 60- Is a) 0 E I- 0 LV CIO CD C/) ccs a) (Y) 60, W CD N C) Ctj > cl trk t M C= 0 E < L) E 0< o) Z Z 0 > c (D E > > < E cr_l 0 a) CL Ea) >co M a) 0 0 'CU M 11 (D < 0- < zz m 0 cu E Of a) 0 L ZZ M W Z >, M all D > C) L) 0 > all C) it 0 0 0 m 0 5 m m U) < I 0 4.0 U) m cl as CL mor"M et- CN IT to c"i cl� N, , I �c M T- Lo " �< L0 crC\T o 00 C> Mt d- r- ce) 69- 60. � 6190 (C! r-� CN (1*4 N (Y) A, Lf) CF) (D ,7 0� C4 6 00 0 It MCI, E� 60- 61!> (a oo- (.0 P- r- (0 t N C\i Ii CY) (Y) (D Lr) N 0 C) Ict (Y) 69- 611> 69- "',"A Cil tsr"1 C) CN CN 0 ci ci M•' z z z zi ww w w w a_ m CL 0- 0 0 0 0 zz z z w CL CL a- Q- CL w # 0 0 0 oz w w w W I 61- I Is mi as A4 M �-o 01 0 0 in 0 L - cu 7(D- .0 0 0 a. 01 1-10 0 E L- 0 1 1 cu cu LOI CU to cn L - cu Cts C14 CY) m cid 0) C\i 6co� E 2 CL 0 Q3 0 0 cy) Z 0 > CL 0 Z c E m > > C) Em N N -6 E c 0 ry 0tU M MCL M E > C: a) 0 0 ail m n (D 2 (D cr. cu 0 t1 It < Z U) m R 4 K. U) m A a 5 a It CN It tn z z z z z co a) a) (0 LO 11< 00 00 0 0 01" CV) z z z z N 14T Lo (D N N 00 0 0 C\j CV) 0) CL a_ rl- cr� C\i co U) U) CO CV) 64 60- foro- 607 �,'f It N Nt t1- C-� cl� C) U) Z z < D z w co 0') to o) -.ice- C) 0 0 CLa.(3) a) 0 z (5 x <k LLQ 0) c1q OCT 0 CL —i o U) z LLJ C-4 < Z Q Z < UJ Z F-cq Z P-- co C) uj CL < co 0 > < z LIJ m w z 0 m w z 64 60- � 611> CN U o cr C> D, F N N 4-:c 5 WW Z W W, G C7 ci 61r> I Is 0 E L- 0 co cu as (n L- cz C") tii tll Efl Oo 00 a� 00 V - m cri 60- z z z z z W w ui w 00 0 0 01" z z z z W w w w CL a. CL CL w 00 0 0 0 L11 CL a_ ZCO ) C/) co U) U) CO 0 0 C> 0 > C) U) Z z < D z w -.ice- C) 0 0 CLa.(3) a) 0 z (5 x <k LLQ 0 CL —i o U) z LLJ C-4 < Z Q Z < UJ Z F-cq Z cr C) uj CL < co 0 > < z LIJ m w z 0 m w z CN U o cr C> D, F 0 4-:c 5 WW Z W W, 61r> I Is 0 E L- 0 co cu as (n L- cz C") tii tll Efl Oo 00 a� 00 V - m cri 60-