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8H Consent 2011 0620
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8H Consent 2011 0620
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Last modified
6/24/2011 5:14:55 PM
Creation date
6/16/2011 4:26:51 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
6/20/2011
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_CC Agenda 2011 0620
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2011\Packet 2011 0620
Reso 2011-111
(Amended)
Path:
\City Clerk\City Council\Resolutions\2011
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San Leandro Investment Policy Statement <br />Appendix A <br />City of San Leandro <br />Summary of Eligible Investments <br />Page 10 of 13 <br />Investment Type <br />Maximum <br />Maturi <br />Maximum <br />Amount <br />Other Requirements <br />Proceeds Must be <br />Reverse <br />Invested in Securities <br />Repurchase <br />92 Days <br />20% of Portfolio <br />Having Maturities <br />Agreements <br />Shorter Than or Equal <br />to Term of Underlying <br />Agreement <br />Minimum of 110% <br />Collateral if Secured by <br />Passbook <br />5 Years <br />None <br />U.S. Government <br />Accounts <br />Securities, 150% if <br />Secured by Mortgage <br />or Trust Deed <br />Highest Rating from at <br />Least Two Rating <br />Money Market <br />N/A <br />20% of Portfolio <br />Agencies and /or <br />Mutual Funds <br />Advisor with 5 Years of <br />Experience Managing <br />Assets in Excess of <br />$500 Million <br />Must Provide <br />Other Investment <br />N/A <br />N/A <br />Comprehensive <br />Pools <br />Information Prior to <br />City Investment <br />City Issued <br />N/A <br />N/A <br />Usually Purchased <br />Securities <br />When Originally Issued <br />
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