HomeMy WebLinkAboutFin SA Investment Report 2014.068, a
Agenda Item No:
Meeting Date: August 18,
SUCCESSORAGENCYTOTHEREDEVELOPMENTAGENCY
AGENDA REPORT
I51MArkW2
Prepared by: Van Bach,
Accountina Manacier
City Manager Approvaiv
SUBJECT,- QUARTERLY INVESTMENT REPORT
RECOMMENDATION: ACCEPT INVESTMENT REPORT FOR THE QUARTER
ENDING JUNE 30,2014, 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 16, 2014, staff
provides the governing body a periodic report on the Successor Agency's investment
activities. 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 $710,449.
The other LAIF account .$143,177 contains housing funds for future administrative
expenses. The LAIF pools is intended to be liquid, and produced about .23%
investment return for the second quarter of 2014.
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.
File Nth.: Fi kxt
Agency Meeting:
Disposition.,
The San Rafael Successor Agency for the San Rafael Redevelopment Agency
checking account, which is used for the regular disbursements, had a balance of
$513,070 at quarter end.
J P114
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.
1:1
The Board should accept and file the investment report as presented.
lf;j4m!j;39 no
I CERTIFY THAT ALL INVESTMENTS MADE ARE IN CONFORMANCE WITH
SUCCESSOR AGENCY'S APPROVED INVESTMENT POLICY AND STATE
INVESTMENT REGULATIONS. THE SUCCESSOR AGENCY HAS
SUFFICIENT LIQUIDITY ! MEET ALL OF OBLIGATIONS REQUIRED
DURING ! !!
il laq
Am %6,
• !•
0- :9
W
U
F
Q} 00
It
LO
00
00 res-
co
Q} 00
It
LO
LO
00 res-
t�-
CV c6
4
77�
C)
LO LO
z
LO
-0"
co N
(D
W uj uj uj UJ
C)
6 C6
6
oo
0- a_ a_ a. CL
00 0 0 0
z
Cr?
LO
Q. a.
V
0) co
Lo
LO
00 Il-
1'-
CO
c-� o6
-4
CN
Ci
LO LO
IT-
Lo""T""",
00 CV
(D
Imo-
ca
ci C6
6
Co .r
(6
o LU
0 ca UJ �e Z C-4
I-- r
Cr?
LU
LO
0
UJ
o z 0
Z 0 z
LLJ
611> �
693 60-
6cy
a) Oo
Nr
to
LO
00 r*--
r�-
CO
c1r)
N o6
-4
CN
Q) l
LO LO
00 (N
r
LO
C)
C) (Y)
C)
(Y)
rte- r
C7
LO
9 �
6) B,
CN (N
O
C\l (N
U c;
ci
N I I
0
E
L-
0
to
co 60�
to
cn
L -
cu
tau
a)
CNI
0)
IrIf
m CVf
6-91
0
z z z z Z
uj W W Wu
L
co
-0
0
0) -a
CL CL CL CL CL
00 0 0 0
7a)
>
z
co
it o
W uj uj uj UJ
0- a_ a_ a. CL
00 0 0 0
z
Q. a.
C/)
0 Z co ul
0 C)
Lu
Of
W
>
F-U) Z Z
< z <
o LU
0 ca UJ �e Z C-4
LU
0
UJ
o z 0
Z 0 z
LLJ
C) w
uj CL L) Co > Z
LLJ m LIJ z 0 m uj
0LIJ cr (,6
Q) l
0
C) ui -
CN C U) D CL 7-) DCLW,
1�
05
N I I
0
E
L-
0
to
co 60�
to
cn
L -
cu
tau
a)
CNI
0)
IrIf
m CVf
6-91
0
:17
m
E
co
-0
0
0) -a
7a)
>
0
co
it o
:17
dyk
LL
0
Q
I
I-- I
W L.L
>
0) co
't
LO
CN
00
0)
4
0
LO U")
CI
0) co
't
LO
00
C -M 06
4
0
LO U")
CI
LO o.
c1r)
co CN
(D
CY)
C) (Y)
/(D
(0
0
ch Z
Co
0 < E
C
CII)
< 0 0
E
0 fn 0) (D w
cu ct cu
(Y)
CL
m a) cu
cu a) 0 0
m
co cu m
-n 65 cr-
0. n <
cu
< 0 0 z
zC�
0 w
0
V>
0) co
LO "M
00
00 r�-
I, --
(C)
U)
4 -
C)
N06
4
C\i
>
co 'a
LO
4
(Y)
00 N
(0
P— -
—
(Y)
C) CY)
06
vl(
(.0
00
P--
CYI)
CV)
I ..........
69-
(3) co
WIT
Lo,",
tCt
co
00 r'-
1**-
(0
Ctrl 06
.4
C
LO LO
co N
CO
LO
cle)
C5 Cr}
C�
00 L
(6
0 0
(Y)
(Y)
69 64
61% 6cy
41
CN (N
C>
CN 04
C)
c; ci
ci
o
E
0
cc
>
La)
ol
cu
a)
(Alf
cu
cn
cu
CN
00
LOm
cNi
Oq
CII)
0
CI
(D
E
W
cu
th
0
ch Z
CD
0 0 m
0 > C: C:
0 < E
C
Z
z m
s cu >
>
< 0 0
E
0 fn 0) (D w
cu ct cu
EE
o cu (D
E >
CL
m a) cu
cu a) 0 0
m
co cu m
-n 65 cr-
0. n <
cu
< 0 0 z
zC�
0 w
0
0
co
cr.
(D 0
M 0
C:
U)
4 -
CL 0
CF)
C)
0
>
co 'a
it"T C
�t4 0 >-
4
-0
(1)
4-
0 c m M
< -0
�) IT
5
10 e -
U)
m (v
D 5
w
cn
u
a
0.
07 co
00 r—
It
I,,-
LO
CO i6a"
z z z z Z
(6
SG
0
07 co
00 r—
It
I,,-
LO
CO i6a"
z z z z Z
SG
0
LO U')
V—
Lo
N
co CN
(D
r�-
00 0 0 o
6 C6
6
00
0
z z z z
W w w w w
qUj
<
0
E
0. CY)
0 a) 0 0 m
r
CL CL CL CL Q.
00 0 0
C:
< C) 0
E E
z
C")
m CL
cu 0 o 0
CL CL
U) U)
m (D
0
000) co
't
Lo
z
0
4-
r�-
81
C:
cn
o
c\i 06
4
CN
N
LO LO
00 CN
w
LO
Z)
Z CY) U)
0
V) >s
S (D
LU
>
>
U) CN Z
z U) < Z) UJ
Q -
>
CL
7:7
(1)
It c
o
'JN
<
LU
I:)-
CL -j V- w C-4
o z
Z Z
V)-
0) 00
Nt
U)
""W: N
00 rl_
C)2
cr-
N 00
4
LO LO
Ir -
( 0
— CL 0 LL 60
00 N
(0
r
o co
C)
W
qT
'tt
(0 tq
611� 60*1
.,O!>
C)
CN
C)
ci 6
c)
C)
C)
vl-
cn
cu0
7j -D
0
0
0
ol
0
E
L-
0
W(D
0
VJ
cn
s—
cu
(qD
60-
V-
0
N
m cl�
69>
z z z z Z
SG
0
W w w w uj
Q- Q- a- CL M
<
z
E
00 0 0 o
E2 W
0
z z z z
W w w w w
qUj
<
0
E
0. CY)
0 a) 0 0 m
Z
Ca. E
4- %-
CL CL CL CL Q.
00 0 0
C:
< C) 0
E E
z
C")
m CL
cu 0 o 0
CL CL
U) U)
m (D
0
CL 11 N 11 II
<
it
<
m 0 (D z
z
0
4-
81
C:
cn
o
E
,w 0
m .0 -
cu V)
Z)
Z CY) U)
0
V) >s
S (D
LU
>
>
U) CN Z
z U) < Z) UJ
Q -
>
CL
7:7
(1)
It c
o
UJ
0 o C:>
w
<
LU
0
CL -j V- w C-4
o z
Z Z
w
w
< uj
Lu 0 M > L) 0
<
C)2
cr-
Z Lij Cauj Z
D
( 0
— CL 0 LL 60
0
0
w ct z 2 C't uj
W
C)
C)
vl-
cn
cu0
7j -D
0
0
0
ol
0
E
L-
0
W(D
0
VJ
cn
s—
cu
(qD
60-
V-
0
N
m cl�
69>
CII)
SG
0
E
E2 W
0
E a) cu
<
qUj
C:
(D a)
E E
0
E
0. CY)
0 a) 0 0 m
Z
Ca. E
4- %-
> C: -5 C:
z > cv
>
C:
< C) 0
E E
um)
C: 0 ry
(D E
m CL
cu 0 o 0
U)
m (D
0
CL 11 N 11 II
<
it
<
m 0 (D z
z
0
4-
81
C:
cn
o
E
,w 0
m .0 -
cu V)
V) >s
S (D
CL 0
>
(D
>
CL
7:7
(1)
It c
o
•
Date: July 29, 2014
To: City Council
cc: Nancy Mackle, City Manager
Esther Beirne,, City Clerk
From: Mark Moses, Finance Director
Subject: Quarterly Investment Reports —June 30, 2014
MAYOR GARY 0. PHILLIPS
VICE MAYOR DAmoN CONNOLLY
COUNCILMEMBER MARIBETH BuSHEY
COUNCILMEMBER KATE COLIN
COUNCILMEMBER ANDREW CUYUGAN MCCULLOUGH
NINO
I W
1 901-
En
FINANCE DEPARTMENT
The City's investment policy includes a provision for quarterly reporting of the City's
investment activities to the City Council. These reports are due to the City Council within 30
days of quarter -end. Normally, the reports are distributed with the agenda package for the first
City Council meeting of the month following quarter -end, which is sufficient to meet the 30 day
will
requirement. Due to the cancelation of the August 4, 2014 meeting of the City Council, there
be no distribution of investment reports (normally part of a staff report) by the deadline of July
30, 2014. Therefore, we are distributing the reports in a separate transmittal via the City Clerk, in
order to maintain compliance with our investment policy. This same report will be included as a
formal consent item on the agenda for the August 18, 2014 meeting of the City Council.
Attachments: Quarterly Investment Report — City of San Rafael
Quarterly Investment Report — Successor Agency to the City of San Rafael
1400 FIFTH AEN UE - PO Box 151560 - SAIN, RAFAEL, CA 94915-1560
WNk1`W.CITY0FS_ANNRAFAEL.ORG