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HomeMy WebLinkAboutCC AG PKT 2010-02-22 #CCity of Seal Beach (Cash and Investment Report January 31, 2010 0 U3 (D n 0- 0) 3 0 In compliance with the California Government Code Section 53646 and Resolution Number 5495; the Treasurer of the City of Seal Beach hereby certifies that sufficient investment liquidity and anticipated revenue are available to meet the City's budgeted expenditure requirements for the next six months. Investments in this report meet the requirements of the City of Seal Beach's adopted investment policy. Respectfully submitted, IGWiL 4A " Robbeyn BirdU Director of Administrative Services/Treasurer NOTED AND APPROVED: David N. Carmany City Manager Y: \Investments \FY 2009 -10 Investment Reports \Investment Report - January 2010 Interest Source of Market Investment Type Issuer Purchase Date Maturity Date Rate Book Value Market Value Valuation LAW City N/A N/A 0.558% 39,301,821.24 39,301,821.24 LAW Statement RDA N/A N/A 0.558% 9,651,679.72 9,651,679.72 tAIF Statement Certificate of Deposit Broadway Federal Bank 1/7/2004 8122/2010 3.350% 80,357.00 80,357.00 Sutton Bank Eurobank 8/19/2009 8119/2014 3.00% 99,000.00 99,000.00 One Bank & Trust M & I Bank 8/11/2009 8111/2014 3.10% 100,000.00 100,000.00 One Bank & Trust Pacific Trust Bank 4/14/2005 4114/2010 4.050% 100,000 00 100,000.00 One Bank & Trust San Antonio FCU 12/9/2009 12/7/2014 2.000 %, 99,000.00 99,000.00 One Bank & Trust State Bank of India 8/23/2005 8/2312010 4.400% 100,000.00 100,000.00 One Bank & Trust Telesis Community, CA 7/12/2005 7112/2010 4.000% 99,000.00 99,000.00 One Bank & Trust American Enterprise 8/19/2009 2119/2012 2.00% 240,000.00 240,000.00 Pershing, LLC Ameris Bank 1212/2009 12/2/2013 2.75% 240,000.00 240,000.00 Pershing, LLC Barclay's Bank 8/21/2009 8121/2014 2.5% /Float 98,000.00 98,000.00 Pershing, LLC Capmark Bank 8112/2009 8113/2012 2.35% 240,000.00 240,000.00 Pershing , LLC Cathay Bank 8/26/2009 812712012 2.50% 240,000.00 240,000.00 Pershing , LLC Citizens Bank 12/1812009 12/18/2013 3.00% 200,000.00 200,000.00 Pershing, LLC Doral Bank, PR 10/30/2009 10/30/2013 3.00% 240,000.00 240,000.00 Pershing, LLC Fidelity Co- Operative Bank 8/26/2009 8/26/2014 2% /Step Up 99,000.00 99,000 00 Pershing, LLC First Bank PR 12/23/2009 6/23/2013 3.00% 240,000.00 240,000.00 Pershing, LLC National Bank 8/19/2009 8/20/2012 2.40% 240,000.00 240,000.00 Pershing, LLC Summit Community 8/19/2009 8119/2013 2.95% 240,000.00 240,000.00 Pershing, LLC Towne North Bank NA 9/412009 9/4/2013 3.00% 240,000.00 240,000.00 Pershing, LLC Bonds Federal Home Loan Bank 8/27/2009 8/27/2014 3 -6% Bond 250,000.00 250,000.00 Pershing, LLC Federal Home Loan Bank 10/22/2009 10/22/2014 2% /Step Up 250,000.00 250,000.00 Pershing, LLC Federal Home Loan Bank 1/15/2010 1/15/2015 3.15% 250,000.00 250,000.00 Pershing, LLC Federal Home Loan Bank 1/29/2010 1/29/2010 2.5% /Step Up 250,000.00 250,000.00 Pershing , LLC Total Investments 53,187,857.96 53,187,857.96 Bank of America - City General Account 624,126.30 Deposit in Transit 156,502.69 Adjustments (6,084.83) Less Outstanding Checks (662,156.81) Total Cash and Deposits 112,387.35 Total Investments, Cash and Deposits 53,300,245.31 In compliance with the California Government Code Section 53646 and Resolution Number 5495; the Treasurer of the City of Seal Beach hereby certifies that sufficient investment liquidity and anticipated revenue are available to meet the City's budgeted expenditure requirements for the next six months. Investments in this report meet the requirements of the City of Seal Beach's adopted investment policy. Respectfully submitted, IGWiL 4A " Robbeyn BirdU Director of Administrative Services/Treasurer NOTED AND APPROVED: David N. Carmany City Manager Y: \Investments \FY 2009 -10 Investment Reports \Investment Report - January 2010