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HomeMy WebLinkAboutAgenda Packet - March 2, 2015 - CC Of t U• i r * �'* t ,E ZUS DECLARATION OF POSTING CITY COUNCIL, SUCCESSOR AGENCY TO THE FORMER REDEVELOPMENT AGENCY, AND PUBLIC FINANCING AUTHORITY AGENDA -,Z304/14,5)k.., declare that: I am an employee of the City of Azusa. On o7A.lie 1/4 I posted copies of the Agenda, as stated above for the meeting of 3/Ai/S.- , in the City Clerk's Office, 213 E. Foothill Blvd.; the lobby of the Police Department, 725 N. Alameda Ave.; the Civic Auditorium, 213 E. Foothill Blvd.; the City Library, 729 N. Dalton Ave.; and the and the City's Web Page www.ci.azusa.ca.us. A true, correct and complete copy of the agenda which I posted is attached hereto. .DD I completed posting of the agendas as described in Paragraph two, at on the date of posting. Access to the agenda posted in the lobby of the Police Department and the Azusa City Library reference desk is available to members of the public during their normal business hours. The foregoing is within my personal knowledge and if called as a witness in a court of law, I could testify competently thereto. I declare under penalty of perjury that the forgoing is true and correct. EXECUTED o2/ k." , at Azusa, California. i/.___ AFF MEMBER CITY CLERK'S OFFICE CITY OF AZUSA APPROVED COUNCIL MEETING Date, /,011, QF a, WU/Vega 4% -(.1-A .:1,1/4 41-C .0ei AZUSA CONSENT ITEM D-5 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: ART VASQUEZ, CITY TREASURER DATE: MARCH 2, 2015 SUBJECT: CITY TREASURER'S STATEMENT OF CASH AND INVESTMENT BALANCES FOR THE MONTH OF JANUARY 2015 RECOMMENDATION: It is recommended that the Council Members receive, review, and file the City Treasurer's Report for the City of Azusa for the month of January 2015. BACKGROUND: Transmitted herewith is the City Treasurer's Statement of Cash Balances for the City of Azusa for the month of January 2015. City investments are made in accordance with the City's Investment Policy adopted and approved with Resolution No. 05-C 16 dated, February 22, 2005, and Government Code Section 53600 et seq. FISCAL IMPACT: The balances of cash, investments, and projected revenues for the next six months are expected to be sufficient to meet cash disbursement requirements of the City for at least the next six months. The change in total cash in bank and investments (at cost) from December 31, 2014 to January 31, 2015 is a net increase of$7,376,427.36. The change in total cash in bank and investments (at market) from December 31, 2014 to January 31, 2015 is a net increase of$7,567,604.82. CITY OF AZUSA TREASURER'S REPORT Prepared by: Art Vasquez,Treasurer Treasury Checking Accounts and Certificates of Deposit January 31,2015 Held in Wells Fargo Bank Face Maturity Interest or Balance Account Number Coupon Description or Amount Date Rate or CUSIP Market Value Checking Accounts General Checking Account XXX-XXX1244 28,589.00 Stagecoach Sweep Account DDA XXX-XXX1244 8,156,320.23 Worker's Compensation Checking(ZBA account) XXXX-XX3279 0.00 Payroll Checking(ZBA account) XXXX-XX1393 0.00 Police Detective Petty Cash Fund XXX-XXX2231 3,109.06 Section 108 0.020% Choice 1V-Public Fund Account XXX-XXX2239 30,596.49 Covington Endowment WFB Advantage Heritage Money Market Fund(rated AAAm/Aaa) WFB XXXX7554 1,472.99 100,000 05/30/17 1.100% Certificate of Deposit Goldman Sachs Bank Matures 5/30/17 CUSIP 38147JC75 99,744.80 Sewer Bond Fund WFB Advantage Heritage Money Market Fund(rated AAAm/Aaa) WFB XXXX1829 19,893.49 250,000 03/28/17 0.750% Certificate of Deposit Georgia B&T Matures 3/28/17 CUSIP 373128EC7 247,721.75 Philleo TR FBO Azusa WFB Money Market Fund WFB XXXX8700 7,484.83 Investments In Fixed Income.Equities,Real Asset Funds&Other 165,863.09 TOTALS WELLS FARGO BANK ACCOUNTS 8,760,795.73 Page 1 J, CITY OF AZUSA TREASURER'S REPORT Prepared by: Art Vasquez,Treasurer January 31,2015 9/30/2014 Market Price Coupon Maturity Settlement Market Interest Received Fiscal Broker Face Amount Description Acct/Cusip No. Principal** (Changes Rate Date Date Value*,* Year to Date* Monthly) City of Azusa Investments - Certificates of Deposit-FDIC Insured CERTIFICATES OF DEPOSIT SOLD OR MATURED DURING FISCAL YEAR 7;239:45 Wachovia Sec 100,000.00 Ally Bank UT 0.950% 02/08/15 02005QYS6 02/08/12 100,000.00 100.007 100,007.00 471.10 245,000.00 American Express Bank,FSB 2.050% 07/31/19 02587CAM2 07/31/14 245,000.00 99.470 243,701,50 RBC Dain Rauscher 245,000.00 American Expr Centurion 2.000% 11/28/18 02587DWJ3 11/28/14 245,000,00 99.123 242,851.35 Multi Bank Securities 205,000.00 B-Bay.LLC 2.150% 12/10/19 05580AAZ7 12/10/14 205,000.00 99.474 203,921 70 Higgins/RBC 245,000.00 Bank Baroda New York 1.100% 12/27/16 06062ACV9 12/26/13 245,000.00 100.199 245,487.55 1,351.19 Wachovia Sec 200,000.00 Bank Hapoalim NY 1.000% 07/24/15 06251AYD6 07/24/12 200,000.00 100.334 200,668.00 2,000.00 Wachovia Sec 200,000,00 Barclays Bank of Delaware 1.600% 01/11/16 06740KFS1 01/11/12 200,000.00 101.131 202,262 00 3,191.24 Multi Bank Securities 245,000 00 Capital One Bank 2.000% 11/05/19 140420QN3 11/05/14 245,000,00 99.545 243,885.25 Multi Bank Securities 245,000.00 CIT Bank SLC 2.150% 11/19/19 17284C3Q5 11/19/14 245,000.00 99.545 243,885.25 Multi Bank Securities 245,000.00 Comenity Cap Bank 1 850% 10/09/18 20033AHA7 10/16/14 244,265.00 98.882 242,260.90 1,030.67 Multi Bank Securities 245,000.00 First Bank of Highland Park 2.000% 11/05/19 319141CY1 11/050/14 245,000.00 99.505 243,787.25 Gillford/Stem Agee 245,000.00 GE Capital retail Bank 1.000% 12/20/16 36157QTX5 12/20/13 245,000.00 99.897 244,747.65 1,228.36 Multi Bank Securities 247,000.00 Goldman Sachs Group,Inc. 2 100% 01/21/15 38148JHQ7 01/21/20 247,000.00 99.749 246,380.03 WFB 200,000.00 JP Morgan Chase 0.500% 02/16/16 48124JSS8 02/15/13 200,000.00 99.822 199,644.00 487.67 First Clearing Corp 245,000.00 Key Bank National Association 0.450% 03/13/15 49306SRH1 03/13/13 245,000.00 100.022 245,053.90 555.78 Wachovia Sec 200,000.00 Merrick Bank South Jordan UT 0.900% 01/25/16 59012YU96 07/25/12 200,000.00 100.686 201,372,00 1,055,37 Wachovia Sec 200,000.00 Safra National Bank 0.800% 06/29/15 786580T83 07/28/12 200,000.00 100,294 200,588.00 802.19 Wachovia Sec 200,000.00 Sallie Mae Bank Murray UT 1.100% 08/10/15 795450NT8 08/08/12 200,000.00 100.366 200,732.00 1,090.96 Wachovia Sec 200,000.00 State Bank of India NY 1.250% 06/22/15 856284F74 06/22/12 200,000.00 100.296 200,592.00 1,253.42 Gillford/Stern Agee 248,00000 Third Federal Sav&Loan 2 000% 11/25/19 88413QAW8 11/24/14 248,000.00 99.478 246,705.44 Wachovia Sec 245,000.00 Webster Bank NA 1.000% 12/12/17 94768NJD7 12/12/12 245,000.00 100.328 245,803 60 1,228,36 Wachovia Sec 245,000 00 Wells Fargo Bank WFCO 0.950% 02/28/18 94986TMB0 02/27/13 245,000.00 99.925 244,816.25 1,173.32 TOTALS 5,995,000.00 4,894,265.00 4,889,152.62 24,159:08 Page 2 r: CITY OF AZUSA TREASURER'S REPORT Prepared by: Art Vasquez,Treasurer January 31,2015 Market Price Coupon Maturity Settlement Market Interest Received Fiscal Broker Face Amount Description Acct/Cusip No. Principal** (Changes Rate Date Date Monthly):. Value*** Year to Date* City of Azusa Investments - AAA Rated Federal Agency Bonds BONDS CALLED OR MATURED DURING FISCAL YEAR - 60,095 56 Gilford Sec 1,000,000 FFCB 0.7706/15/17 0.770% 06/15/17 3133EC5L4 12/05/12 999,300.00 99.990 999,900.00 3,850.00 Gilford Sec 1,000,000 FFCB 0.900 12/26/17 0.900% 12/26/17 3133ECB45 12/26/12 999,500.00 100.005 1,000,050.00 4,500.00 Gilford Sec 1,000,000 FFCB 0.980 09/18/17 0.980% 09/18/17 3133EAX29 09/20/12 1,000,000.00 100.004 1,000,040.00 4,900.00 Gilford Sec 1,000000 FFCB 1.0303/12/18 1.030% 03/12/18 3133ECHS6 03/12/13 1,000,00000 99.773 997,730 00 5,150.00 RBC Dain Rauscher 1,000,000 FFCB 1.050 3/14/18 1.050% 03/14/18 3133EC139 03/14/13 999,500.00 100.005 1,000,050.00 5,250.00 Gilford Sec 1,000,000 FHLB.085 07/24/17 0.850% 07/24/17 313380WR4 10/24/12 1,000,000 00 99.692 996,920.00 8,500.00 Gilford Sec 1,500,000 FHLB 0.800 05/23/17 0.800% 05/23/17 313381AN5 11/23/12 1,500,000.00 99.816 1,497,240.00 6,000.00 Gilford Sec 1,000,000 FHLB 0.850 08/15/17 0.850% 08/15/17 313381224 02/15/13 1,000,000.00 99.860 998,600.00 4,250.00 Gilford/Sterne Agee 1,000,000 FFCB 1.180 09/26/17 1.180% 09/26/17 3133EDCJ9 12/26/13 1,000,000.00 100.006 1,000,060.00 5,900.00 Gilford Sec 1,000,000 FHLB 0.980 11/15/17 0980% 11/15/17 3133017D1 11/15/12 1,000,000.00 99.745 997,450.00 4,90000 WFB 1,000,000 FHLB 1.00001/30/18 1.000% 01/03/18 313381TW5 01/30/13 1,000,000.00 99.833 998,330.00 10,000.00 Gilford/Sterne Agee 1,000,000 FHLB 1.32501/16/18 1 325% 01/16/18 3130A2GP5 07/16/14 1,000,000.00 100.187 1,001,870.00 6,625.00 Higgins 1,000,000 FHLB 1.375 6/27/18 1 375% 06/27/18 313383JP7 6/27/2013 1,000,000 00 100.184 1,001,840 00 6875.00 Higgins 1,000,000 FNMA 1.05005/25/18 1.050% 05/25/18 3135G0XK4 05/30/13 1,000,000 00 100.156 1,001,560.00 5,250.00 Gilford/Sterne Agee 1,000,000 FFCB 1600 10/23/18 1.600% 10/23/18 3133EDZ96 10/24/14 999,000.00 100.006 1,000,060.00 (177 78) Gilford/Sterne Agee 1,000,000 FHLB 1.25001/09/18 1.250% 01/09/18 3130A0GC8 01/08/14 994,180.00 100.005 1,000,050.00 12,500.00 Gilford/Sterne Agee 1,000,000 FHLB 1.000 STEP 06/19/2019 1.000% 06/19/19 3130A25W2 06/19/14 999,500.00 100.107 1,001,070.00 5,000.00 Gilford/Sterne Agee 1,000,000 FNMA 200 08/28/19 2.000% 08/28/19 3136G23X3 08/28/14 1,000,000.00 100.972 1,009,720.00 Gilford/Sterne Agee 1,000,000 FHLB 2.00 12/30/19 2.000% 12/30/19 3130A3MR2 12/30/14 1,000,000.00 100.268 1,002,68000 Multi-Bank Sec 700,000 FNMA 2.00 11/26/19 2.000% 11/26/19 3136G2A31 11/26/14 700,000.00 100.559 703,913.00 Gilford/Sterne Agee 1,000,000 FHLMC 200 1/30/20 2.000% 01/30/20 3134G5XH3 01/30/15 1,000,000 00 100.299 1,002,990.00 Gilford/Sterne Agee 1,000000 FFCB 1.8501/23/20 1.850% 01/23/20 3133EELK4 01/27/15 1,000,000.00 99.105 991,050.00 (205.56) Gilford/Sterne Agee 1,000.000 FNMA 2.00 1/15/20 2.000% 01/15/20 3136G2BM8 01/15/15 1,000,000.00 101.271 1,012,71000 TOTALS 33,200,000 23,190,980.00 .23,215,883.00 .159,162.22 WFB-CITY THIRD PARTY CUSTODIAL TRUST ACCT 0.070% N/A N/A N/A 2,398,327.05 100.000 2,398,327.05 418.41 LAIF-CITY LOCAL AGENCY INVESTMENT FUND 0.262% N/A N/A N/A 20,355,984A8 100.000 20,355,984.48. 9,697.42 Page 3 CITY OF AZUSA TREASURER'S REPORT Prepared by: Art Vasquez,Treasurer January 31,2015 Coupon Maturity Settlement Market PriceMarket Interest Received Fiscal Broker Face Amount Description Acct/Cusip No. Principal** (Changes Rate Date Date Value*** Year to Date* Monthly) Light&Water Fund Investments - Certificates of Deposit-FDIC Insured CERTIFICATES OF DEPOSIT SOLD OR MATURED DURING FISCAL YEAR 452.88 Higgins/RBC 245,000.00 Bank Baroda New York 1.100% 12/27/16 06062ACV9 12/24/13 245,000.00 100.199 245,487.55 1,351.19 Wachovia Sec 40,000.00 Bank Hapoalim NY 1.000% 07/24/15 06251AYD6 07/24/12 40,000.00 100.334 40,133.60 400.00 Wachovia Sec 40,000.00 BMW Bank of NA 1.350% 04/27/16 05568PW45 04/27/12 40,000.00 100.840 40,336.00 270.74 Wachovia Sec 200,000.00 Discover Bank Greenwood DE 1.050% 05/11/15 254671ARI 05/09/12 200,000.00 100.200 200,400.00 1,058.63 Wachovia Sec 200,000.00 GE Capital Financial Inc 1.250% 05/18/16 36160XD87 05/18/12 200,000.00 100 574 201,148.00 1,260.27 Wachovia Sec 235,000 00 GE Capital Retail Bank 1.050% 04/27/15 36157PCW7 04/27/12 235,000.00 100.134 235,314 90 1,237 13 Wachovia Sec 40,000.00 Safra National Bank 0.800% 06/29/15 786580T83 07/28/12 40,000.00 100.294 40,117.60 160.44 Wachovia Sec 40,000.00 State Bank of India NY 1.250% 06/22/15 856284F74 06/22/12 40,000 00 100.296 40,118 40 250.68 TOTALS 795,000.00 1,040,000.00 1,043,056.05 6,441.96 Page 4 r CITY OF AZUSA TREASURER'S REPORT Prepared by: Art Vasquez,Treasurer January 31,2015 Market Price Coupon Maturity Settlement Market Interest Received Fiscal Broker Face Amount Description - Acct/Cusip No. Principal** (Changes Rate Date Date Monthly) Value*** Year to Date* Light& Water Fund Investments - AAA Rated Federal Agency Bonds BONDS CALLED OR MATURED DURING FISCAL YEAR 8,604.48 Gilford Sec 1,000,000.00 FFCB 0.730 03/13/17 0.730% 03/13/17 3133ECHG2 03/13/13 1,000,000.00 100.003 1,000,030.00 3,650.00 WFB 1,000,000.00 FFCB 0.690 09/26/16 0.690% 09/26/16 3133EAZ76 09/26/12 1,000,000.00 100.002 1,000,020.00 3,450.00 WFB 1,000,000.00 FFCB 0.620 10/24/16 0 620% 10/24/16 3133EA5V6 10/24/12 1,000,000.00 99.677 996,770.00 3,100.00 Gilford Sec 1,000,000.00 FFCB 0.820 07/11/17 0.820% 07/11/17 3I33EA4H8 10/12/12 999,000.00 99.650 996,500.00 8,200.00 Gilford Sec 1,000,000.00 FFCB 0.980 09/18/17 0.980% 09/18/17 3133EAX29 09/18/12 1,000,000.00 100.004 1,000,040.00 4,900.00 Gilford Sec 1,000,000.00 FHLB 1.000 02/27/18 1.000% 02/27/18 3133823D3 02/27/13 1,000,000.00 99.943 999,430.00 5,000.00 Higgins Capital 1,000,000.00 FHLB 0.900 06/20/18 0.900% 06/20/18 313383EM9 06/20/13 994,500.00 100.082 1,000,820.00 4,500.00 TOTALS 7,000,000.00 6,993,500.00 6,993,610.00 41,404.48 WFB-L&W THIRD PARTY CUSTODIAL TRUST ACCT 0.070% N/A N/A N/A 1,983,681.02 100.000 1,983,681.02 359.52 Market Price Market Interest Received Fiscal CITY OF AZUSA and LIGHT& WATER RATE STABLIZATION Principal** (Changes Value*** Year to Date* Monthly) TOTAL INVESTMENTS IN FEDERAL AGENCIES,CD's,WFB INSTITUTIONAL TRUSTS,and LAIF 60,856,737.55 60,879,694.22 241,643.09 *The Interest reflects earnings received from July 1,2013. **The"Principal"column reflects the balance on the last day of the month or the"historical cost"spent to purchase a security. ***The"Market Value" is the current price at which a security can be traded or sold. Page 5 APPROVED COUNCIL MEETING 044044 Date, 1)\ 1'6 of 4 le c." r k„,,J;1141010. % c ! uIJI !IL!9C -'`q ao- .;*'. ,.,• �"4 fav ZUSI J CONSENT ITEM D-3 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: THERESA ST. PETER, INTERIM DIRECTOR OF HUMAN RESOURCES & RISK MANAGEMENT VIA: TROY BUTZLAFF, ICMA-CM, CITY MANAGER DATE: MARCH 2, 2015 SUBJECT: HUMAN RESOURCES ACTION ITEMS RECOMMENDATION It is recommended that the City Council approve the following Personnel Action Requests in accordance with the City of Azusa Civil Service Rules and applicable Memorandum of Understanding(s). BACKGROUND On February 24, 2015, the Personnel Board confirmed the following Department Head recommendations regarding the following Personnel Action requests. A. MERIT INCREASE AND/OR REGULAR APPOINTMENT: DEPARTMENT NAME CLASSIFICATION ACTION/EFF DATE RANGE/STEP BASE MO SALARY UTL Sean Smith Apprentice Electrical Test Merit Increase 5198/5 Technician 12/17/2014 $6,472.21 CD/ED Betty Gallardo Development Services Merit Increase 4174/2 Assistant 2/4/2015 $4,252.59 FISCAL IMPACT There is no fiscal impact, as positions listed are funded in approved department budgets.