HomeMy WebLinkAboutAgenda Packet - November 5, 2012 - CC 111'
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CONSENT CALENDAR ITEM
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TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: MARCENE HAMILTON, CITY TREASURER a2 rte'- -P/ ,„„ ,,,/,....,.,..e..4..1:-..•
DATE: NOVEMBER 5, 2012
SUBJECT: CITY TREASURER'S STATEMENT OF CASH AND INVESTMENT
BALANCES FOR THE MONTH OF SEPTEMBER 2012
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 September 2012.
BACKGROUND:
Transmitted herewith is the City Treasurer's Statement of Cash Balances for the City of Azusa
for the month of September 2012. City investments are made in accordance with the City's
Investment Policy adopted and approved with Resolution No. 05 — C16 dated, November 21,
2011 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 from September 1, 2012 to September 30, 2012
is a net decrease of$972,309.45.
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CITY OF AZUSA TREASURER'S REPORT
Prepared by: Marcene Hamilton, Treasurer
Treasury Checking Accounts and Certificates of Deposit September 30,2012
Held in Wells Fargo Bank
Interest orBalance
Face Maturity Account Number
Amount Date Coupon Description or
or CUSIP
Rate Market Value
Checking Accounts
General Checking Account XXX-XXX1244 108,592.00
Stagecoach Sweep Account DDA XXX-XXX1244 2,545,108.28
Worker's Compensation Checking XXXX-XX3279 0.00
Flexible Reimbursement XXXX-XX5036 0.00
Payroll Checking(ZBA account) XXXX-XX1393 0.00
Police Petty Cash Fund XXX-XXX0334 189.12
DACA Account-ISO Collateral XXXX-XX2015 500,000.00
Section 108
0.970% Choice IV-Public Fund Account XXX-XXX2239 30,844.67
Covington Endowment
WFB Advantage Heritage Money Market Fund(rated AAAm/Aaa) WFB XXXX7554 19,110.62
100,000 05/12/14 1.400% Certificate of Deposit Discover Bank DE Matures 5/12/14 CUSIP 254670D66 100,937.10
TOTALS WELLS FARGO BANK ACCOUNTS 3,304,781.79
Page 1
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Marcene Hamilton,Treasurer
September 30,2012
Market=°Price Interest)Received
Coupon Maturity Settlement Market
Broker Face Amount Description Acct/Cusip No. Principal** (Changes Fiscal Year to
Rate Date Date Monthly) Value*** Date*
City of Azusa Investments - Certificates of Deposit-FDIC Insured
CERTIFICATES OF DEPOSIT SOLD OR MATURED DURING FISCAL YEAR 4,715.54
Wachovia Sec 100,000.00 Ally Bank 1.100% 09/08/14 02005QTS2 09/07/11 100,000.00 100.686 100,686.00 554.52
Wachovia Sec 100,000.00 Ally Bank UT 95.000% 02/08/15 02005QYS6 02/08/12 100,000.00 100.318 100,318.00 473.70
Wachovia Sec 250,000.00 American Express Centurion 1.250% 06/09/14 02587DAX6 06/06/11 250,000.00 100.874 252,185.00
Wachovia Sec 200,000.00 Bank Hapoalim NY 1.000% 07/24/15 06251AYD6 07/24/12 200,000.00 99.714 199,428.00 0.00
Wachovia Sec 200,000.00 Bank of China New York 0.600% 01/06/14 06425H4T0 07/05/12 200,000.00 99.901 199,802.00
Wachovia Sec 200,000.00 Barclays Bank of Delaware 1.600% 01/11/16 06740KFS1 01/11/12 200,000.00 101.326 202,652.00 1,595.62
Wachovia Sec 200,000.00 Beal Bank Nevada Las Vegas 0.600% 06/05/13 07370S6T7 06/06/12 200,000.00 100.082 200,164.00
Wachovia Sec 200,000.00 BMW Bank of North America 1.350% 09/23/14 05568PR90 09/23/11 200,000.00 100.623 201,246.00 1,361.10
Wachovia Sec 200,000.00 CIT Bank SLC 1.450% 11/14/14 17284AH43 11/14/11 200,000.00 100.991 201,982.00
Wachovia Sec 200,000.00 Compass Bank Birmingham AL 1.000% 12/29/14 20451PACO 06/29/12 200,000.00 99.779 199,558.00
Wachovia Sec 200,000.00 Goldman Sachs Group,Inc. 1.200% 03/07/16 38143ALTO 03/07/12 200,000.00 100.095 200,190.00 1,209.86
Wachovia Sec 200,000.00 Huntington National Bank 0.750% 12/08/14 446438QL0 06/08/12 200,000.00 99.809 199,618.00
Wachovia Sec 200,000.00 Merrick Bank South Jordan UT 0.900% 01/25/16 _ 59012YU96 07/25/12 200,000.00 99.684 199,368.00 305.76
Wachovia Sec 100,000.00 Metlife Bank,NA 1.300% 10/28/13 591557FH1 10/21/10 100,000.00 100.945 100,945.00
Wachovia Sec 200,000.00 Safra National Bank 0.800% 06/29/15 786580T83 07/28/12 200,000.00 99.758 199,516.00 (140.27)
Wachovia Sec 200,000.00 Sallie Mae Bank Murray UT 1.100% 08/10/15 795450NT8 08/08/12 200,000.00 99.684 199,368.00
Wachovia Sec 200,000.00 Sovereign Bank FSB 0.700% 06/20/14 84603MZ66 06/20/12 200,000.00 100.004 200,008.00
Wachovia Sec 200,000.00 State Bank of India NY 1.250% 06/22/15 856284F74 06/22/12 200,000.00 99.877 199,754.00
TOTALS 3,350,000.00 3,350,000.00 3,356,788.00 10,075.83
Page 2
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Marcene Hamilton,Treasurer
September 30,2012
Market Price - Interest Received
Coupon Maturity Settlement ** Market
Broker Face Amount Description Acct/Cusip No. Principal (Changes Fiscal Year to
Rate Date Date Monthly) Value*** Date*
City of Azusa Investments - AAA Rated Federal Agency Bonds
BONDS CALLED OR MATURED DURING FISCAL YEAR 21,033.33
Wachovia Sec 1,000,000 FHLB 1.250 07/29/14 1.250% 07/29/14 313370YK8 09/17/10 1,000,000.00 101.786 1,017,860.00 6,250.00
WFB 1,000,000 FFCB 0.730 11/21/14 0.730% 11/21/14 31331KT91 11/21/11 1,000,000.00 100.063 1,000,630.00 _
Gilford Sec 1,000,000 FHLB 2.185 04/15/15 2.185% 04/15/15 313373DW9 04/15/11 1,000,000.00 100.938 1,009,380.00
Gilford Sec 1,000,000 FFCB 1.120 11/16/15 1.120% 11/16/15 31331KS92 11/16/11 1,000,000.00 100.098 1,000,980.00
Gilford Sec 1,000,000 FFCB 1.040 04/11/16 1.040% 04/11/16 3133EALA4 04/11/12 1,000,000.00 100.396 1,003,960.00
Gilford Sec 1,000,000 FFCB 0.910 05/23/16 0.910% 05/23/16 3133EARK6 05/23/12 1,000,000.00 100.223 1,002,230.00
Wachovia Sec 1,000,000 FHLB 2.100 06/07/16 2.100% 06/07/16 3133742R0 06/07/11 1,000,000.00 101.210 1,012,100.00
Gilford Sec 1,000,000 FFCB 0.875 06/14/16 0.875% 06/14/16 3133EAUE6 06/14/12 1,000,000.00 100.324 1,003240.00
Gilford Sec 1,000,000 FHLB 0.830 07/05/16 0.830% 07/05/16 313379SS9 07/05/12 1,000,000.00 100.007 1,000,070.00
Gilford Sec 1,000,000 FFCB 0.710 07/19/16 0.710% 07/19/16 3133EAYQ5 07/23/12 1,000,000.00 100.187 1,001,870.00 (78.89)
Gilford Sec 1,000,000 FFCB 1.070 10/24/16 1.070% 10/24/16 3133EAMT2 04/24/12 1,000,000.00 100.063 1,000,630.00
Gilford Sec 1,000,000 FFCB 1.26003/01/17 1.260% 03/01/17 3133EAFQ6 03/01/12 1,000,000.00 100.405 1,004,050.00 6,300.00
Gilford Sec 1,000,000 FHLB 1.240 05/16/17 1.240% 05/16/17 313379681 05/16/12 999,210.00 100.391 1,003,910.00
Higgins 1,000,000 FFCB 1.100 06/20/17 1.100% 06/20/17 3133EAVA3 06/20/12 1,000,000.00 100.482 1,004,820.00
Gilford Sec 1,000,000 FFCB 0.980 09/18/17 0.980% 09/18/17 3133EAX29 09/20/12 1,000,000.00 100.082 1,000,820.00 (54.44)
TOTALS 15,000,000 14,999,210.00 15,066,550.00 33,450.00'
WFB-CITY THIRD PARTY CUSTODIAL TRUST ACCT 0.070% N/A N/A N/A 5,020,934.54 100.000 5,020,934.54 404.48
LAIF-CITY LOCAL AGENCY INVESTMENT FUND 0.377% N/A N/A N/A 16,244335.54 100.000 16,244335.54 23,100.80
Page 3
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Marcene Hamilton, Treasurer September 30,2012
Market Price Interest Received
Coupon Maturity Settlement Market
Broker Face Amount Description Acct/Cusip No. Principal** (Changes Fiscal'Year to
Rate Date Date Monthly) Value*** Date*
Light&Water Fund Investments - Certificates of Deposit-FDIC Insured
CERTIFICATES OF DEPOSIT SOLD OR MATURED DURING FISCAL YEAR _ (6,037.12)
Wachovia Sec 40,000.00 Bank Hapoalim NY 1.000% 07/24/15 06251AYD6 07/24/12 40,000.00 99.714 39,885.60 127.12
Wachovia Sec 40,000.00 Bank of China NY 0.850% 02/03/14 06425HYW0 02/01/12 40,000.00 100.439 40,175.60 524.09
Wachovia Sec 40,000.00 Beal Bank Nevada Las Vegas 0.600% 06/05/13 07370S6T7 06/06/12 40,000.00 100.082 40,032.80 205.15
Wachovia Sec 40,000.00 BMW Bank of NA 1.350% 04/27/16 05568PW45 04/27/12 40,000.00 99.807 39,922.80 692.38
—
Wachovia Sec 40,000.00 Compass Bank Birmingham AL 0.900% 06/30/14 20451PAB2 06/29/12 40,000.00 99.971 39,988.40 213.04
Wachovia Sec 200,000.00 Discover Bank Greenwood DE 1.050% 05/11/15 254671AR1 05/09/12 200,000.00 99.839 199,678.00
Wachovia Sec 240,000.00 Enerbank USA 5.000% 09/14/14 29266NUY1 06/14/12 200,000.00 99.727 239,344.80 (32.88)
Wachovia Sec 200,000.00 GE Capital Financial Inc. 1.250% 05/18/16 36160XD87 05/18/12 200,000.00 99.763 199,526.00
Wachovia Sec 235,000.00 GE Capital Retail Bank 1.050% 04/27/15 36157PCW7 04/27/12 235,000.00 99.835 234,612.25
Wachovia Sec 40,000.00 Goldman Sachs Group,Inc. 0.850% 02/03/14 38143AJB2 02/01/12 40,000.00 100.452 40,180.80 925.92
Wachovia Sec 40,000.00 Huntington National Bank 0.750% 12/08/14 446438QL0 06/08/12 40,000.00 99.809 39,923.60 246.58
Wachovia Sec 40,000.00 Safra National Bank 0.800% 06/29/15 786580T83 07/28/12 40,000.00 99.758 39,903.20 52.61
Wachovia Sec 40,000.00 Sovereign Bank FSB 0.700% 06/20/14 84603MZ66 06/20/12 40,000.00 100.004 40,001.60 193.32
Wachovia Sec 40,000.00 State Bank of India NY 1.250% 06/22/15 856284F74 06/22/12 40,000.00 99.877 39,950.80 334.25
TOTALS 1,275,000.00 1,235,000.00 1,273,126.25 (2,555.54)
Page 4
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Marcene Hamilton,Treasurer
September 30, 2012
Market Price Interest Received
Coupon Maturity Settlement ** Market
Broker Face Amount Description Acct/Cusip No. Principal (Changes Fiscal Year to
Rate Date Date Monthly) Value*** Date*
Light& Water Fund Investments - AAA Rated Federal Agency Bonds
BONDS CALLED OR MATURED DURING FISCAL YEAR ,
21
Gilford Sec 1,000,000.00 FHLB 0.720 08/08/16 0.720% 08/08/16 3133805K9 08/08/12 999,500.00 99.775 997,750.00
Gilford Sec 1,000,000.00 FFCB 0.980 09/18/17 0.980% 09/18/17 3133EAX29 09/18/12 1,000,000.00 100.082 1,000,820.00
WFB 1,000,000.00 FFCB 0.690 09/26/16 0.690% 09/26/16 3133EAZ76, 09/26/12 1,000,000.00 100.252 1,002,520.00
Gilford Sec 1,000,000.00 FFCB 1.000 03/08/16 1.000% 03/08/16 3133EAGG7 03/08/12 1,000,000.00 100.336 1,003,360.00 5,000.00
Gilford Sec 1,000,000.00 FFCB 1.260 03/01/17 1.260% 03/01/17 3133EAFQ6 03/01/12 1,000,000.00 100.405 1,004,050.00 6,300.00
Higgins Capital 1,000,000.00 FHLB 1.375 04/26/17 1.375% 04/26/17 313378XD8 04/26/12 1,000,000.00 100.074 1,000,740.00
TOTALS 6,000,000.00 5,999,500.00 6,009,240.00 33,213.16
WFB-L&W THIRD PARTY CUSTODIAL TRUST ACCT 0.070% N/A N/A N/A 1,228,071.50 100.000' 1,228,071.50 42.92
Market Price '' Interest Received
Market
CITY OF AZUSA and LIGHT & WATER RATE STABLIZATION Principal** (Changes Fiscal Year to
Monthly)
Value*** Date*
TOTAL INVESTMENTS IN FEDERAL AGENCIES,CD's,WFB INSTITUTIONAL TRUSTS,and LAIF 48,077,251.58 48,199,245.83 97,731.65
*The Interest reflects earnings received from July 1,2012.
**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
Utility Board Agenda Packets Distribution & Meeting Dates
As of 10/17/12
(by Juana, Ann, Steven)
For City Hall & Library: 7 packets and 1 agenda only to JUANA HERNANDEZ
for distribution as follows:
1. Angel Carrillo - Chairperson
2. Uriel Macias - Vice Chairperson
3. Joseph R. Rocha - Boardmember
4. Keith Hanks - Boardmember
5. Robert Gonzales - Boardmember
6. Vera Mendoza - City Clerk (all originals go to City Clerk)
7. Library: 1 agenda packet to Library Reference Desk and 7 Agenda only for
distribution to public.
For L&W:
1. George Morrow
2. Cary Kalscheuer
OTHERS:
15 copies of Agenda version without embedded files (double sided) for the
Public
1 original copy of any Notice of Completion for City Clerk Office
E-MAIL AGENDA AND EMBEDDED FILES VIA GRANICUS LINK:
All Email Users (Margaret will use it to post on website)
Jeffry Ferre: ieff.ferre@bbklaw.com
Marco Martinez: marco.martinez@bbklaw.com
Lynn Jones, Marco's Secretary: Lynn.Jones@bbklaw.com
Marcene Hamilton: mhamilton@ci.azusa.ca.us
After posting on Granicus, let Margaret know that this is done.
syVistribution of Utility Board Agenda packets-jh-ag-sy-1o1712.doc Page 1/2