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~;° ,CHANDLER <br />~~~ '. MANAGEMENT <br />COMPLIANCE WITH INVESTMENT POLICY <br />City of San Leandro <br />June 30, 2009 <br />„~_~ _-..e,.~,~e ~., r-tin„am. e~+ ll/nnanamenf are in full comnlian~ with State law end with the City's invesh-lent policy. <br />Category Standard Comment <br />Treasury Issues No limitations Complies <br />Agency Issues No limitations Complies <br />Barker's Acceptances 40% ma~dmum; 30% per issuer, A-rated; 1 <br />da max. maturi Complies <br />Commercial Paper 25% ma~dmum; 10% per issuer, 270-day <br />max. maturi , A1/P1 and AA-rated if LT debt Complies <br />Negotiable Certificates of Deposit 30% ma~amurn; 10% per issuer, AA-rated Complies <br />Medium Temps Notes 30% ma~dmum; AA-rated Complies <br />Money Market Funds AAA/Aaa rated; assets greater thran <br />$500MM; 20% ma~amum Compbes <br />LAS Cumerrtly riot used by adviser CompNes <br />Mabmurn Maturity 5 years Compbes <br />City of San Leandro <br />The investment goals of the City of San Leandro are to preserve principal, to provide liquidity, and to attain a rate of return <br />commensurate with the City's investment risk constraints and cash flow needs. <br />Investment Report <br />Performance Objectives <br />The performance objective for the City of San Leandro is to attain a rate of return greater than the benchmark of 1-3 year <br />Treasury/Agency securities over a market cycle. <br />Strategy <br />In orderto achieve these objectives, the City of San Leandro invests in US Treasury securities, federal agency securities, <br />high quality money market instruments and high quality corporate medium term notes in accordance with the City's <br />investment policy and California Government Code Section 53600 et seq. <br />