RTIRZ-2010-08 - 2010-06-14RESOLUTION NO. RTIRZ-2010-08
A RESOLUTION OF THE TAX INCREMENT REINVESTMENT ZONE
NO. 2 (TIRZ), ACCEPTING THE INVESTMENT REPORT FOR THE
QUARTERS ENDING MARCH 2O09, JUNE 2009, SEPTEMBER 2009,
DECEMBER 2009, AND MARCH 2O10.
BE IT RESOLVED BY THE TIRZ BOARD OF DIRECTORS:
Section 1. That the Board hereby accepts the Investment Reports for the
Quarter ending March 2009 through March 2010.
PASSED, APPROVED, and ADOPTED this 14t" day of June, A.D., 2010.
NIGEL HARRISON
TIRZ NO. 2 CHAIRMAN
ATTEST:
6
MIKE PYBUR
TIRZ NO. 2 SECRETARY
TIRZ II
Quarterly Investment Report
December 31, 2008 - March 31, 2009
Portfolio at December 31, 2008
Portfolio at March 31, 2009
Beginning Book Value
$ 4,838,605.58
Ending Book Value
$ 5,514,171.98
Beginning Market Value
4,849,726.33
Ending Market Value
5,520,606.88
Accrued Interest Receivable
-
Accrued Interest Receivable
Unrealized Gain/(Loss)
Unrealized Gain/(Loss)
-
Change in Unrealized Gain/Loss
-
Change in Unrealized Gain/Loss
-
Weighted Average Maturity
40 Days
Weighted Average Maturity
19 Days
Change in Market Value
(1,611,797.25)
Change in Market Value
670,880.55
Yield to Maturity at Cost
1.73%
Yield to Maturity at Cost
1.30%
T-Bill Benchmark
0.37%
T-Bill Benchmark
0.57%
Agency Note Benchmark
0.96%
Agency Note Benchmark
0.65 /o
Average for Quarter
Total Rate of Return 1.31%
1 Year T-Bill Benchmark Yield 0.60%
Agency Note Benchmark Yield 0.68%
This quarterly report is in compliance with the investment policy and strategy as established by the City and the Public Funds Investment Act
(Chapter 2256, Texas Government Code).
Prepared by:
_0 bm
Claire Bogard Rick a rd
Director of Finance Assistant Director of Finance
TIRZ II
Summary by Type
on 03/31/2009
Description
Face Amount \ Shares
Cost Value
Book Value
Market Value
YTM @ Cost
Coupon
Days To Maturity
Cash
$ 967,911.20
$ 967,911.20
$ 967,911.20
$ 967,911.20
1.02
1
MM
3,553,295.68
3,553,295.68
3,553,295.68
3,553,295.68
1.02
1
Agency
1,000,000.00
982,570.00
992,965.10
999,400.00
2.56
101
Total/Average
$ 5,521,206.88
$ 5,503,776.88
$ 5,514,171.98
$ 5,520,606.881
1.301
1 19
Group Portfolio Holdings
by Type
®Cash ■MM ■Agency
Book Value by Maturity
6,000,000.00
4,500,000.00
4,000,000.00
3,500,000.00
3.000.000.00
2,500,000.00
2,000,000.00
1,500,000.00
1,000,000.00
500,000.00
3Q pays 60 pays 913pays 0 pals 3 pals 13 pals
1 31 g1 9A .12 -W ,13 1W\ 13
interest Kates
Anse lJrst r11e me 1u 3 ti Zy-f ly-r Zxt N r ZQ-Yl 19-Iff
12/31/2008 0.11 0.11 0.27 0.37 0.76 1.00 1.55 1.87 2.25 3.05 2.69
3/31/2009 0.17 0.21 0.43 0.57 0.81 1.15 1.67 2.28 2.71 3.61 3.56
TIRZ II
Portfolio Holdings
on 03/31/2009
Description
Cusip
Portfolio Name
Face Amount \
Shares
Cost Value
Book Value
Market Value
YTM @ Cost
Purchase
Date
Maturity Date
DTM
Accrued
Interest
Portfolio %
66: TIRZ 11
Wells Fa Var. Cash
WFSWEEP
66: TIRZ 11
$ 967,911.20
$ 967,911.20
$ 967,911.20
$ 967,911.20
1.02
4/1/2009
1
5
17.5%
Wells Fa Var. MM
WF7843
66: TIRZ 11
3,553,295.68
3,553,29S.68
3,553,295.68
3,553,295.68
1.02
4/1/2009
1
64.4%
FHIB 0 07/10/09 1313385HY5
66: TIRZ 11
1 1,000,000.00
982,570.00
992,965.101
999,400.00
2.56
10/31/2008
7/10/2009
101
18.1%
Total/Average
$ 5,522,206.88
$ 5,503,776.88
$ 5,514,171.98
$ 5,520,606.88
1,30
19
$
100.09�0
TIRZ 11
Portfolio Holdings
12/31/2008to 03/31/2009
Description
Cusip
Portfolio Name
Type
Maturity Date
Annualized
Total Rate
of Return
Begin Book Val
Buys
Sells
Amortized
Discount
Amortized
Premium
End Book Val
investment
Income
Cas
Wells Fa Var. Cash
WFSWEEP
66: TIRZ II
Cash
1.16
5 652,209.81
833,161.66
517,460.27
967,911.20
2,981.09
Total Cash
1.16
652,209.81
833,161.66
S17,460.27
967,911.20
2,981.09
FHLB
FHLB 007 10 09
313385HY
66: TIRZ 11
FHLB
7 10 2009
2.53
986,779.25
6,185.85
992,965.10
6,185.85
Total FHLB
2.53
986,779.25
6,185.85
992,965.10
6,185.85
MM
Wells Fa Var. MM
WF7843
66: TIRZ II
MM
1.02
3,199,616.52
1,387,893.42
1,034,214.26
3,553,295.68
8,981.15
Total MM
1.02
3,199,616.52
1,387,893.42
1,034,214.26
3,553,295.68
8,981.10
TIRZ II
Quarterly Investment Report
March 31, 2009 - June 30, 2009
Portfolio at March 31. 2009
Portfolio at June 30, 2009
Ending Book Value
$ 5,514,171.98
Ending Book Value
$ 8,854,087.75
Ending Market Value
5,520,606.88
Ending Market Value
8,854,788.72
Accrued Interest Receivable
-
Accrued Interest Receivable
-
Unrealized Gain/(Loss)
-
Unrealized Gain/(Loss)
-
Change in Unrealized Gain/Loss
-
Change in Unrealized Gain/Loss
-
Weighted Average Maturity
19 Days
Weighted Average Maturity
2 Days
Change in Market Value
670,880.55
Change in Market Value
3,334,181.84
Yield to Maturity at Cost
1.30%
Yield to Maturity at Cost
0.65%
T-Bill Benchmark
0.57%
T-Bill Benchmark
0.51%
Agency Note Benchmark
0.65%
Agency Note Benchmark
0.23%
Average for Quarter
Total Rate of Return 0.91%
1 Year T-Bill Benchmark Yield 0.52%
Agency Note Benchmark Yield 0.19%
This quarterly report is in compliance with the investment policy and strategy as established by the City and the Public Funds Investment Act
(Chapter 2256, Texas Government Code).
Prepared by:
LcLL�
Claire Bogard
Director of Finance
T'j
Ric rga d
Assistant Director of Finance
Fatima Uwakwe
Senior Accountant
TI RZ 11
Summary by Type
on 6/30/2009
Description Face
Amount \ Shares
Cost Value
Book Value
Market Value
YTM UM Cost Days To Maturity
Cash $
1,427,555.14 5
1,427,555.14 $
1,427,555.14 $
1,427,555.14
0.42 1
MM
6,427,233.58
6,427,233.58
6,427,233.58
6,427,233.58
0.41 1
Agency
1,000,000.00
982,570.00
999,299.03
1,000,000.00
2.56 10
Total/Average $
8,837,358.72 $
8,854,788.72
0.65 2
8,854,788.72 $
8,854,087.75 $
Group Portfolio Holdings
by Type
11%
oCash ■MM •Agency
10,000,000.00
9.000.000.00
8,000,000.00
7,000,000.00
6,000,000.00
5,000,000.00
4,000,000.00
3,000,000.00
2,000,000.00
1,000,000.00
0.00
Book Value by Maturity
o 1 00,1111,
Date
m0
3 mq
§,ma
1_yr
? Xr
3 ]L
5 yr
7 1L
141E
70 Vr
3/31/2009
0,17
0.21
OA3
0.57
0.81
1.15
1.67
2,28
2.71
3.61
3.56
6/30/2009
0.17
0.19
0.35
0.56
1,11
1.64
2.54
3.19
3.53
4.30
4,32
Yield Curve Comparison
5,00
4,50
4.00
3.50
3.00 _._.....- - TIRZ s PortfoUo YT_M .9.1%
2Day WAM: m
2.50
1.50 _ ___ _ _..__a..._.. __ _ __ _ rr _ _..._..
1.00
0.50
0.00 -- -
1 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr
I-6/30aOO9 3131r2009
Portfolio vs. Benchmark
6.00
5.00
4.00 _ ,_ ._. _. __ .__ _W_,� _ ._
3.00
2.00
1.00
ONo veoA��a��Feb��a�� �Q�R4e j4�z$����p�9�-,e'V ��0" 'Oe, 0", F9
riq e'O O"t" V-0, a�1p9 JSl,
�- Portfolio Total 1 Year T-Bill Agency Note
City of Pearland
Quarterly Investment Report
Report Format: By CUSIP
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
Begin Date: 3/31/2009, End Date: 6/30/2009
Portfolio Maturity
Annualized
Amortized
Amortized
Investment
Description CUSIP/Ticker Name Date
TRR-BV Beginning BV
Buy Principal Sell Principal Discount
Premium
Ending BV Income-BV
CASH
Wells Fargo WFSWEEP 66: TIRZ N/A
0.71 967,911.20
459,643.94 0.00 0.00
0.00
1,427,555.14 2,316.16
Sweep Cash II
Sub
0.71 967,911.20
459,643.94 0.00 0.00
0.00
1,427,555.14 2,316.16
Total/Average
Cash
FHLB BOND
FHLB 0 313385HY5 66: TIRZ 7/10/2009 2.58 992,965.09 0.00 0.00 6,333.94 0.00 999,299.03 6,333.94
7/10/2009 II
Sub
Total/Average 2.58 992,965.09 0.00 0.00 6,333.94 0.00 999,299.03 6,333.94
FHLB Bond
MONEY MARKET
Wells Fargo MM WF7843 66: TIRZ N/A 0.68 3,553,295.68 11,464,604.98 8,590,667.08 0.00 0.00 6,427,233.58 10,422.21
II
Sub
Total/Average 0.68 3,553,295.68 11,464,604.98 8,590,667.08 0.00 0.00 6,427,233.58 10,422.21
Money Market
Total / 0.91 5,514,171.97 11,924,248.92 8,590,667.08 6,333.94 0.00 8,854,087.75 19,072.31
Average
Page l of 1
City of Pearland
City of Pearland - By Security Type
Report Format: By CUSIP
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
As of 6/30/2009
Portfolio
Face
YTM @
Settlement
Maturity
Days To
Accrued
% of
Description
CUSIP/Ticker
Name
Amount/Shares
Cost Value
Book Value
Market Value
Cost
Date
Date
Maturity
Interest
Portfolio
Cash
Wells Fargo
Sweep Cash
WFSWEEP
66: TIRZ
II
1,427,555.14
1,427,555.14
1,427,555.14
1,427,555.14
0.42000
N/A
N/A
1
N/A
16.12
Sub Total /
Average
1,427,555.14
1,427,555.14
1,427,555.14
1,427,555.14
0.42000
1
0.00
16.12
FHLB Bond
FHLB 0
7/10/2009
7/10
313385HY5
66- TIRZ
II
1,000,000.00
982,570.00
999,299.03
1,000,000.00
2.56033
N/A
7/10/2009
10
0.00
11.29
Sub Total /
Average
1,000,000.00
982,570.00
999,299.03
1,000,000.00
2.56033
SO
0.00
11.29
Money Market
Wells Fargo
MM
WF7843
66: TIRZ
II
6,427,233.58
6,427,233.58
6,427,233.58
6,427,233.58
0.41000
N/A
N/A
1
N/A
72.58
Sub Total /
Average
6,427,233.58
6,427,233.58
6,427,233.58
6,427,233.58
0.41000
1
0.00
72.58
Total /
Average
8,854,788.72
8,837,358.72 8,854,087.75
8,854,788.72
0.65446
2
0.00
100
Page I of' I
TI RZ 11
Quarterly Investment Report
June 30, 2009 - September 30, 2009
Portfolio at June 30, 2009
Portfolio at September 30, 2009
Ending Book Value
$ 8,854,087.75
Ending Book Value
$ 7,836,346.90
Ending Market Value
8,854,788.72
Ending Market Value
7,836,346.90
Accrued Interest Receivable
Accrued Interest Receivable
Unrealized Gain/(Loss)
-
Unrealized Gain/(Loss)
-
Change in Unrealized Gain/Loss
-
Change in Unrealized Gain/Loss
-
Weighted Average Maturity
2 Days
Weighted Average Maturity
1 Days
Change in Market Value
3,334,181.84
Change in Market Value
(1,018,441.82)
Yield to Maturity at Cost
0.65%
Yield to Maturity at Cost
0.10%
T-Bill Benchmark
0.51%
T-Bill Benchmark
0.40%
Agency Note Benchmark
0.23%
Agency Note Benchmark
0.21%
Average for Quarter
Total Rate of Return 0.29%
1 Year T-Bill Benchmark Yield 0.45%
Agency Note Benchmark Yield 0.28%
This quarterly report is in compliance with the investment policy and strategy as established by the City and the Public Funds Investment Act
(Chapter 2256, Texas Government Code).
Prepared by:
Claire Bogard
Director of Finance
Rick e a
Fatima Uwakwe
Assistant Director of Finance
Senior Accountant
TIRZ it
Summary by Type
September 30, 2009
Description
Face Amount \ Shares
Cost Value
Book Value
Market Value YTM P Cost Days To Maturity
Cash
$ 4,227,776.91 $
4,227,776.91 $
4,227,776.91 $
4,227,776.91 0.10 1
MM
3,608,569.99
3,608,569.99
3,608,S69.99
3,608,569.99 0.09 1
Total/Average
$ 7,836,346.90 $
7,836,346.90 $
7,836,346.90 $
7,836,346.90 0.10 1
46%
Group Portfolio Holdings
by Type
®Cash ■MM
$9,000,000.00
$8,000.000.00
$7,000,000.00
$6,000.000.00
$5,000.000.00
$4.000,000.00
$3,000.000.00
$2,000.000.00
$1.000.000.00
Book Value by Maturity
DIU
1 mo
�Y
6 -o
Lyr
uam caa aa
zM
aca
rM
in
LYL
10 Vr
20 vr
30 yr
6/30/2009
0.17
0.19
0.35
0.56
1.11
1.64
2.54
3.19
3.53
4.30
4.32
9/30/2009
0.06
0.14
0.18
0.40
0.95
1.45
2.31
2.93
3.31
4.02
4.03
5.00
4.50
4.00
3.50
3.00
2.50
2,00
1.50
1.00
0.50
0.00
O.UU
5.00
4.00
3.00
2.00
1.00
Yield Curve Comparison
TIRZ's Portfolio YTM .29°/v
1 Day WAM
I mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yt
+-9r3WOO9-.-WWrAW
Portfolio vs. Benchmark
OIX; ' bel�r�NaV Feed;011 �$W 01 cNOV N" 09 Se'v b& ;0*I' Deo� e Fe 02, �wq 40�l Sr� N", ip 9 Seq�9
-+-Portfolio Total 1 Year T-8111 -Agency Note
City of Pearland
Quarterly Investment Report
Report Format: By CUSIP
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
Begin Date: 6/30/2009, End Date: 9/30/2009
Portfolio
Description CUSIP/Ticker Name
Maturity
Date
Annualized
TRR-BV
Beginning BV
Buy Principal
Sell Principal
Amortized
Discount
Amortized
Premium
Ending BV
Investment
Income-BV
CASH
Wells Fargo Sweep WFSWEEP
66: TIRZ
N/A
0.27
1,427,555.14
2,828,320.37
28,098.60
0.00
0.00
4,227,776.91
2,449.28
Cash
II
Sub
Total/Average
0.27
1,427,555.14
2,828,320.37
28,098.60
0.00
0.00
4,227,776.91
2,449.28
Cash
FHLB BOND
FHLB 0 7/10/2009 313385HY5
66: TIRZ
7/10/2009
2.88
999,308.33
0.00
1,000,000.00
691.67
0.00
0.00
691.67
Sub
Total/Average
2.88
999,308.33
0.00
1,000,000.00
691.67
0.00
0.00
691.67
FHLB Bond
MONEY MARKET
Wells Fargo MM WF7843
66: TIRZ
N/A
0.26
6,427,233.58
933,291.32
3,751,954.91
0.00
0.00
3,608,569.99
3,390.46
Sub
Total/Average
0.26
6,427,233.58
933,291.32
3,751,954.91
0.00
0.00
3,608,569.99
3,390.46
Money Market
Total / Average
0.29
8,854,097.05
3,761,611.69
4,780,053.51
691.67
0.00
7,836,346.90
6,531.41
Pair I of I
City of Pearland
City of Pearland - By Security Type
Report Format: By CUSIP
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
As of 9/30/2009
Portfolio
Face
YTM @
Settlement Maturity
Days To
Accrued
% of
Description CUSIP/Ticker
Name
Amount/Shares
Cost Value
Book Value
Market Value
Cost
Date Date
Maturity
Interest
Portfolio
Cash
Wells Fargo WFSWEEP
Sweep Cash
66: TIRZ
II
4,227,776.91
4,227,776.91
4,227,776.91
4,227,776.91
0.10000
N/A N/A
1
N/A
53.95
Sub Total /
Average
4,227,776.91
4,227,776.91
4,227,776.91
4,227,776.91
0.10000
1
0.00
53.95
Money Market
Wells Fargo WF7843
MM
66: TIRZ
II
3,608,569.99
3,608,569.99
3,608,569.99
3,608,569.99
0.09000
N/A N/A
1
N/A
46.05
Sub Total /
Average
3,608,569.99
3,608,569.99
3,608,569.99
3,608,569.99
0.09000
1
0.00
46.05
Total /
Average
7,836,346.90
7,836,346.90
7,836,346.90
7,836,346.90
0.09540
1
0.00
100
Palze 1 of 1
City of Pearland
City of Pearland - by Fund
Report Format: By Transaction
Group By: Portfolio Name
Portfolio/Report Group: 66: TIRZ II
As of 9/30/2009
Security
Settlement
Description
CUSIP/Ticker Type
Date
66: TIRZ II
Wells Fargo MM
WF7843 Money
Market
5/30/2006
Wells Fargo Sweep
WFSWEEP Cash
5/31/2006
Cash
Sub Total /
Average
Total / Average
Face YTM @ Maturity Days To % of
Amount/Shares Book Value Market Value Cost Date Maturity Portfolio
3,608,569.99
3,608,569.99
3,608,569.99
0.09000 N/A
1 46.05
4,227,776.91
4,227,776.91
4,227,776.91
0.10000 N/A
1 53.95
7,836,346.90
7,836,346.90
7,836,346.90
0.09540
1 100.00
0.09540
1 100
7,836,346.90
7,836,346.90
7,836,346.90
Pazu 1 of, 1
September
30, 2009
Bank
Account Number
Account Name
Amount
Wells Fargo
201-0419505
Operating
$
Wells Fargo
201-0419513
Payroll Fund
Wells Fargo
001.3042841
Sweep Account
101,044,694.90
Wells Fargo
201-0419554
98 CO Escrow
Wells Fargo
807-1613395
Credit Card Account
4,047,575.76
Wells Fargo
818-4567843
Alvin ISD
3.608.569.99
Wells Fargo
001-3043112
PEDC Sales Tax
Wells Fargo
Wells Fa 1.01 10/27/09
Certificate of Deposit
3,000,000.00
Wells Fargo
Wells Fa 1.25 05/15/10
Certificate of Deposit
6,000,000.00
Wells Fargo
Wells Fa 1.53 01/27/10
Certificate of Deposit
4,000,000.00
Total of Bank Balances
$ 121,700,840.65
Pledged Collateral for City
170,138,572.00
FDIC Insurance
250,000.00
Total Collateral
$ 170,388,572.00
Over (Under) Collateralized
$ 48,687,731.35
Total % Collateralized
140.0%
Bank
Account Number
Account Name
Amount
Wells Fargo
100-7284258
Development Authority
$ 1,123,068.83
Wells Fargo
16798300
Development Authority
0.71
Wells Fargo
16798301
Development Authority
509.54
Wells Fargo
16798302
Development Authority
1,249,067.00
Wells Fargo
9450913844
Development Authority - CD
2,000,000.00
Citizens Bank
173702EJ6
Development Authority - CD
100.000.00
First Southern
3364BCBB7
Development Authority - CD
100,000.00
First Trust
33732NBF1
Development Authority - CD
100.000.00
Total of Bank Balances
$ 4,672,646.08
Pledged Collateral for DAP
8,037,445.15
FDIC Insurance (4 Banks x $250.000:
1,000,000.00
Total Collateral
$ 9,037,445.15
Over (Under) Collateralized $ 4,364,799.07
Total % Collateralized 193.4 %
Bank Account Number Account Name
Amount
Pearland State 13249 Certificate of Deposit
1,000,000.00
Pearland Slate 12847 Certificate of Deposit
$ 1,751,599.62
Total of Batik Balances
$ 2,751,599.62
Pledged Collateral
3,198,353.68
FDIC Insurance
250,000.00
Total Collateral
$ 3,448,353.68
Over(Under)Collateralized $ 696,754.06
Total r/ Collateralized 125.3%
Total $ Over (Under) Collateralized $ 53,749,284.48
Total % Collateralized 141.6%
Status Collateralized
1 AInvestments\Investmrml Repon - TIRZ - Olr 0909
TIRZ 11
Quarterly Investment Report
September 30, 2009 - December 31, 2009
Portfolio at September 30, 2009
Portfolio at December 31, 2009
Ending Book Value
$ 7,836,346.90
Ending Book Value
$ 5,598,023.98
Ending Market Value
7,836,346.90
Ending Market Value
5,598,023.97
Accrued Interest Receivable
-
Accrued Interest Receivable
Unrealized Gain/(Loss)
-
Unrealized Gain/(Loss)
-
Change in Unrealized Gain/Loss
Change in Unrealized Gain/Loss
-
Weighted Average Maturity
1 Days
Weighted Average Maturity
1 Days
Change in Market Value
(1,018,441.82)
Change in Market Value
(2,238,322.93)
Yield to Maturity at Cost
0.10%
Yield to Maturity at Cost
0.17%
T-Bill Benchmark
0.40%
T-Bill Benchmark
0.47%
Agency Note Benchmark
0.21%
Agency Note Benchmark
0.15%
Average for Quarter
Total Rate of Return 0.16%
1 Year T-Bill Benchmark Yield 0.39%
Agency Note Benchmark Yield 0.17%
This quarterly report is in compliance with the investment policy and strategy as established by the City and the Public Funds Investment Act
(Chapter 2256, Texas Government Code).
Prepared by:
Claire Bogard
Director of Finance
1"-/
Rick v r as
Assistant Director of Finance
Fatima Uwakwe
Senior Accountant
TIRZ II
Summary by Type
December 31, 2009
Description
Face Amount \ Shares
Cost Value
Book Value
Market Value
YTM CD Cost Days To Maturity
Cash
$ 1,854,606.07 $
1,854,606.07 5
1,854,606.07 $
1,854,606.07
0.17 1
MM
3,743,417.90
3,743,417.90
3,743,417.90
3,743,417.90
0.17 1
Total/Average
$ 5,598,023.97 $
5,598,023.97 $
5,598,023.97 $
5,598,023.97
0.17 1
67
Group Portfolio Holdings
by Type
WCash ■MM
6,000,000.00
5,000,000.00
4,000,000.00
3.000.000.00
2,000,000.00
1,000,000.00
0.00
Book Value by Maturity
0-1 Month 1-3 Months 3-6 Months 6-9 Months
9M
1 mo
3 mo
6-mo
Lyr
LYE
I-y-r
5 yr
7 yr
14 Ya
20 yr
30 yr
9/30/2009
0.06
0.14
0.18
0.40
0.95
1.45
2.31
2.93
3.31
4.02
4.03
12/31/2009
0.04
0.06
0.20
0.47
1.14
1.70
2.69
3.39
3.85
4.58
4.63
Yield Curve Comparison
5.00
4.50
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00
mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yl
-12r3ln009 -+- ertorlm j
Portfolio vs. Benchmark
n.uu
5.00
4.00
3.00
2.00
1.00
po*ao'I.o6eW jav jeo,4a" P9140'eol` ij p�9SeQ' pc�zo`� ze�za� Few" szl PO4a* Vjavz9" Po95el po�&p6eO�9
_„ -+- Portfolio Total t 1 Year T-Bill ^+-^ Agency Note
City of Pearland
Quarterly Investment Report
Report Format: By CUSIP
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
Begin Date: 9/30/2009, End Date: 12/31/2009
Portfolio Maturity
Annualized
Amortized
Amortized
Investment
Description CUSIP/Ticker Name Date
TRR-BV
Beginning BV
Buy Principal
Sell Principal
Discount
Premium
Ending BV
Income-BV
CASH
Wells Fargo Sweep WFSWEEP 66: TIRZ NSA
Cash II
0.13
4,227,776.91
1,363,376.50
3,736,547.34
0.00
0.00
1,854,606.07
815.42
Sub
Total/Average
0.13
4,227,776.91
1,363,376.50
3,736,547.34
0.00
0.00
1,854,606.07
815.42
Cash
MONEY MARKET
Wells Fargo MM WF7843 66: TIRZ N/A
0.18
3,608,569.99
134,847.91
0.00
0.00
0.00
3,743,417.90
1,622.21
Sub
Total/Average
0.18
3,608,569.99
134,847.91
0.00
0.00
0.00
3,743,417.90
1,622.21
Money Market
Total / Average
3,736,547.34
0.00
0.00
0.16
7,836,346.90
1,498,224.41
5,598,023.97
2,437.63
'age 1 of 1
City of Pearland
City of Pearland - By Security Type
Report Format: By CUSIP
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
ks of 12/31/2009
Portfolio
Face
YTM @
Settlement Maturity
Days To
Accrued
% of
Description CUSIP/Ticker
Name
Amount/Shares
Cost Value
Book Value
Market Value
Cost
Date Date
Maturity
Interest
Portfolio
Cash
Wells Fargo WFSWEEP
Sweep Cash
66: TIRZ
lI
1,854,606.07
1,854,606.07
1,854,606.07
1,854,606.07
0.17000
N/A N/A
1
N/A
33.13
Sub Total /
Average
1,854,606.07
1,854,606.07
1,854,606.07
1,854,606.07
0.17000
1
0.00
33.13
Money Market
Wells Fargo WF7843
MM
66: TIRZ
II
3,743,417.90
3,743,417.90
3,743,417.90
3,743,417.90
0.17000
N/A N/A
1
N/A
66.87
Sub Total /
Average
3,743,417.90
3,743,417.90
3,743,417.90
3,743,417.90
0.17000
1
0.00
66.87
Total /
Average
5,598,023.97
5,598,023.97
5,598,023.97
5,598,023.97
0.17000
1
0.00
100
'age I of I
Bank
Wells Fargo
Wells Fargo
Wells Fargo
Wells Fargo
Wells Fargo
Wells Fargo
Wells Fargo
Wells Fargo
Wells Fargo
Pledged Collateral Reconciliation Report
December 31, 2009
Account Number
Account Name
Amount
201-0419505
Operating
S
201-0419513
Payroll Fund
-
001-3042841
Sweep Account
131,726,001.70
201-0419554
98 CO Escrow
-
807-1613395
Credit Card Account
6,674,173.67
818-4567843
Alvin ISD
3,743,417.90
001-3043112
PEDC Sales Tax
-
Wells Fa 1.25 05/15/10
Certificate of Deposit
6,000,000.00
Wells Fa 1.53 01/27/10
Certificate of Deposit
4,000,000.00
Bank
Account Number
Wells Fargo
100-7284258
Wells Fargo
16798300
Wells Fargo
16798301
Wells Fargo
16798302
Wells Fargo
9450913844
Citizens Bank
173702EJ6
First Southern
33648CBB7
First Trust
33732NBF1
Bank Account Number
Pearland State 13249
Pearland State 12847
Total of Bank Balances $ 152,143,593.27
Pledged Collateral for City 170,440,908.82
FDIC Insurance 250,000.00
Total Collateral $ 170,690,908.82
Over (Under) Collateralized $ 18,547,315.55
Total % Collateralized 112.2%
Account Name
Amount
Development Authority
2,673,092.44
Development Authority
0.71
Development Authority
1,372.39
Development Authority
1,249,061.09
Development Authority - CD
2,000,000.00
Development Authority - CD
100,000.00
Development Authorty - CD
100,000.00
Development Authority - CD
100,000.00
Total of Bank Balances $
6,223,526.63
Pledged Collateral for DAP
7,549,046.83
FDIC Insurance (4 Banks x S250,000)
1,000,000.00
Total Collateral $
8,549,046.83
Over (Under) Collateralized $ 2,325,520.20
Total % Collateralized 137.4%
Account Name Amount
Certificate of Deposit 1,000,000.00
Certificate of Deposit S -
Total of Bank Balances $ 1,000,000.00
Pledged Collateral 2,955,153.27
FDIC Insurance 250,000.00
Total Collateral $ 3,205,153.27
Over (Under) Collateralized S 2,205,153.27
Total % Collateralized 320.5%
Total $ Over (Under) Collateralized $ 23,077,989.02
Total % Collateralized 114.5%
C-a...- / -II-.--1:-....1
TIRZ II
Quarterly Investment Report
December 31, 2009 - March 31, 2010
Portfolio at December 31. 2009
Portfolio at March 31, 2010
Ending Book Value
$ 5,598,023.98
Ending Book Value
$ 8,500,418.10
Ending Market Value
5,598,023.97
Ending Market Value
8,500,418.10
Accrued Interest Receivable
-
Accrued Interest Receivable
-
Unrealized Gain/(Loss)
Unrealized Gain/(Loss)
-
Change in Unrealized Gain/Loss
Change in Unrealized Gain/Loss
-
Weighted Average Maturity
1 Days
Weighted Average Maturity
1 Days
Change in Market Value
(2,238,322.93)
Change in Market Value
2,902,394.13
Yield to Maturity at Cost
0.17%
Yield to Maturity at Cost
0.15%
T-Bill Benchmark
0.47%
T-Bill Benchmark
0.41%
Agency Note Benchmark
0.15%
Agency Note Benchmark
0.18%
Average for Quarter
Total Rate of Return 0.16%
1 Year T-Bill Benchmark Yield 0.37%
Agency Note Benchmark Yield 0.16%
This quarterly report is in compliance with the investment policy and strategy as established by the City and the Public Funds Investment Act
(Chapter 2256, Texas Government Code).
Prepared by: f
t a,J fi
Claire Bogard Rick&rgaArcl Fatima Uwakwe
Director of Finance Assistant Director of Finance Senior Accountant
TIRZ II
Summary by Type
March 31, 2010
Description
Face Amount \ Shares
Cost Value
Book Value
Market Value
YTM 0 Cost Days To Maturity
Cash
$ 2,499,756.19 $
2,499,756.19 $
2,499,756.19 $
2,499,756.19
0.15 1
MM
6,000,661.91
6,000,661.91
6,000,661.91
6,000,661.91
0.15 1
Total/Average $
8,500,418.10 $
Group Portfolio Holdings
by Type
aCash ■MM
8,500,418.10 $
9gol
8,500,418.10 $ 8,500,418.10 0.15 1
9.000.000.00
8,000,000.00
7.000.000.00
6,000,000.00
5,000,000.00
4,000,000.00
3,000,000.00
2,000,000.00
1,000,000.00
0.00
Book Value by Maturity
0-1 Month 1-3 Months 3-6 Months 6-9 Months
IfIMIC3anaaa3
P.AIS 11 mo 3 mo 6 mo iyi 2 yr III i.1L 7 YS 10 V! Z4-X! IQ-1L
32/31/2009 0.04 0.06 0.20 0.47 1.14 1.70 2.69 3.39 3.85 4.58 4.63
3/31/2010 0.15 0.16 0.24 0.41 1.02 1.60 2.55 3.28 3.84 4.55 4.72
5,00
4.50
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00
Yield Curve Comparison
MO 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yf
-- 301n010-0-12nl/200e
Portfolio vs. Benchmark
6.00
5.00
4.00
3.00
2.00
1.00
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�ac-�`0
-�- Portfolio Total --F-1 Year T-8ill -+-Agency Nole
City of Pearland
Quarterly Investment Report
Report Format: By CUSIP
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
Begin Date: 12/31/2009, End Date: 3/31/2010
Portfolio
Maturity Annualized
Description CUSIP/Ticker Name
Date TRR-BV
Beginning BV
Buy Principal Sell Principal
CASH
Wells Fargo Sweep WFSWEEP 66: TIRZ
N/A 0.16
1,854,606.07
1,395,699.91 750,549.79
Cash I I
Sub
Total/Average
0.16
1,854,606.07
1,395,699.91 750,549.79
Cash
MONEY MARKET
Wells Fargo MM WF7843 66: TIRZ NSA 0.16 3,743,417.90 3,536,631.69 1,279,387.68
II
Amortized Amortized Investment
Discount Premium Ending BV Income-BV
0.00
0.00
2,499,756.19
935.34
0.00
0.00
2,499,756.19
935.34
0.00 0.00 6,000,661.91 1,701.21
Sub
Total/Average 0.16 3,743,417.90 3,536,631.69 1,279,387.68 0.00 0.00 6,000,661.91 1,701.21
Money Market
Total / 0.16 5,598,023.97 4,932,331.60 2,029,937.47 0.00 0.00 8,500,418.10 2,636.55
Average
City of Pearland
City of Pearland - By Security Type
Report Format: By CUSIP
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
As of 3/31/2010
Portfolio
Face
YTM @
Settlement Maturity
Days To
Accrued
% of
Description CUSIP/Ticker
Name
Amount/Shares
Cost Value
Book Value
Market Value
Cost
Date Date
Maturity
Interest
Portfolio
Cash
Wells Fargo WFSWEEP
66: TIRZ
2,499,756.19
2,499,756.19
2,499,756.19
2,499,756.19
0.15000
N/A N/A
1
N/A
Z9.41
Sweep Cash
II
Sub Total /
2,499,756.19
2,499,756.19
2,499,756.19
2,499,756.19
0.15000
1
0.00
29.41
Average
Money Market
Wells Fargo WF7843
66: TIRZ
6,000,661.91
6,000,661.91
6,000,661.91
6,000,661.91
0.15000
N/A N/A
1
N/A
70.59
MM
II
Sub Total /
6,000,661.91
6,000,661.91
6,000,661.91
6,000,661.91
0.15000
1
0.00
70.59
Average
Total /
8,500,418.10
8,500,418.10
8,500,418.10
8,500,418.10
0.15000
1
0.00
100
Average
D.,,.o 1 -4' 1