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RTIRZ-2013-06 RESOLUTION NO. RTIRZ 2013-06 A RESOLUTION OF THE TAX INCREMENT REINVESTMENT ZONE NO. 2 (TIRZ), ACCEPTING THE INVESTMENT REPORT FOR THE QUARTERS ENDING JUNE 2012, SEPTEMBER 2012, DECEMBER 2012 and MARCH 2013. BE IT RESOLVED BY THE TIRZ BOARD OF DIRECTORS: Section 1. That the Board hereby accepts the Investment Reports for the Quarter ending June 2012, September 2012, December 2012, and March 2013. PASSED, APPROVED, AND ADOPTED this 24th day of June, A.D., 2013. /' ENNETH R. PHI I 'S TIRZ NO. 2 CHAIRMAN ATTEST:/a MIKE YBU N TIRZ NO. 2 SECRETARY RESOLUTION NO. RTIRZ NO. 2013-06 EXHIBIT"A" RESOLUTION NO. RTIRZ NO. 2013-06 EXHIBIT "A" TIRZ II Quarterly Investment Report Sept 30, 2012-Dec 31, 2012 Portfolio at Sent 30.2012 Portfolio at Dec 31.2012 Ending Book Value $ 4,655,490.69 Ending Book Value $ 6,353,200.39 Ending Market Value 4,655,490.69 Ending Market Value 6,353,200.39 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 Day Weighted Average Maturity 1 Day Change in Market Value (7,405,172.34) Change in Market Value 1,697,709.70 Yield to Maturity at Cost 0.16% Yield to Maturity at Cost 0.15% T-Bill Benchmark 0.17% T-Bill Benchmark 0.16% Agency Note Benchmark 0.01% Agency Note Benchmark 0.01% Averaee for Quarter Total Rate of Return 0.15% 1 Year T-Bill Benchmark Yield 0.17% Agency Note Benchmark Yield 0.01% 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: ems( c. Claire Bogard Rick over ar. Fat ma Uwakwe Director of Finance Assistant Director of Finance Accounting Supervisor TIRZ II Summary by Type December 31,2012 Description Face Amount',$hares Cost Value Book Value Market Value YTM to Cost Days To Maturity Cash $ 2,129,347.45 $ 2,129,347.45 $ 2,129,347.45 $ 2,129,347.45 0.14 1 MM 4,223,852.94 4,223,852,94 4,223,852.94 4,223,852.94 0.15 1 Total/Average $ 6.353.200.39 S 6.353.200.39 5 6,353,200.39 $ 6.353.200.39 0.15 1 Group Portfolio Holdings Book Value by Maturity by Type 7,000,000.00 ..._..._..._...____..._.........,.....�......_,____.�_..._. 6,000,000.00 r 34% 5,00C,000 00 _._ __. ............ _._.........._ ..... _........... ......._.._ -0,000.000.00 ......... ...._....... ......_..._.__ _...._.____ ___._ _.._..s' 3,000,000.00 2,000.000.00 66% 1.00C,000 00 ._............ 000........ _..__.__ _ ._�..._ ■Cash ••Mt, ! 0-1 Month 13 Months 3-8 Months 6-9 Months 9-12 Months >1 Year Intere tes Q ts3 :1.1A.4 .3_!TSP St..RAB 1:..Y[ 1..Yr 3 yr 7 yr 1P V� 19 Vr 0 Vr Q/28J2012 0.06 0.10 0 4 0.27 0.23 0.31 Q62 104 1.65 2.A2 2.82 12J31/2012 0.02 0.05 0.11 0.16 0.25 0.36 0.32 1.18 1.78 2.54 2.95 Yield Curve Comparison 3 00 1 Day WRMf t10 1.50 ,,._...1 : i nw n r 6 me 1 yr 2 y; 3 yr 5 yr Tyr 10 yr 20 yr `s0 yr —�-12!3112672 — —5r2B 20t. Portfolio vs.Benchmark 0.20 .... '� • .* 0.10 005 `°'►. 2 a�ti?- ��1.�3 1,''t" a�. J\"2 J91 L eQ 4- �� 5 F h PA !r P 9 O t� O —+—FOnroire To - -1 Yvar T-F]ill ^-+ A+7mrcy koty City of Pearland Quarterly Investment Report Report Format By CUSIP Group By:Security Type Portfolio/Report Group:66:TIR2 II Begin Date:9/30/2012,End Date:12/31/2012 Ending Portfolio YTM @ Maturity Amortized Amortized Investment Description CUSIP/Ticker Name Cost Date Beginning BV Buy Principal Sell Principal Discount Premium Ending By Income-BV CASH Cash Fargo Sweep WFSWEEP 66:TiRZ 0.14000 N/A 433,234.41 2,007,892,77 311,779.73 0.00 0.00 2,129,347.45 302.72 II Sub Total/Average 0.14000 433,234.41 2,007,892.77 311,779.73 0.00 0.00 2,129,347.45 302.72 Cash MONEY MARKET Weis Fargo MM WF7843 n6:TIRZ 0.15000 N/A 4,222,256.28 1,596.66 0.00 0.00 0.00 4,223,852.94 1,596.66 Sub Total/Average 0.15000 4,222,256.28 1,596.66 0.00 0.00 0.00 4,223,852.94 1,596.66 Money Market Total/ 0.14665 4,655,490.69 2,009,489.43 311,779.73 0.00 0.00 6,353,200.39 1,899.38 Average 1 oft City of Pearland Quarterly Investment Report at Quarterend Report Format:By Transaction Group By Security Type Portfolio/Report Group:66:TIR2 II As of 12/31/2012 Portfolio Settlement Maturity YTM @ Face Days To Accrued Wo of Description CUSIP/Ticker Name Date Date Cost Amount/Shares Cost Value Book Value Market Value Maturity Interest Portfolio Cash Wets Fargo WFSWEEP 6G'�� 5/31/2006 N/A 0.140 2,129,347.45 2,129,347.45 2,129,347.45 2,129,347.45 1 33.52 Sweep Cash 11 Sub Total/ 0.140 2,129,347.45 2,129,347.45 2,129,347.45 2,129,347.45 1 0.00 33.52 Average Money Market __._._... Wells Fargo 66:TIRZ WF7843 5/30/2006 N/A 0.150 4,223,852,94 4,223,852.94 4,223,852.94 4,223,852.94 1 66.48 MM II Sub Total/ 0.150 4,223,852.94 4,223,852.94 4,223,852.94 4,223,852.94 1 0.00 66.48 Average Total/ 0.147 6,353,200.39 6,353,200.39 6,353 200.39 6,353,200.39 1 0.00 100 Average 1 oft Pledged Collateral F ,onciliation Report December 31, 2012 Bank Account Number Account Name Amount Wells Fargo 201-0419505 Operating $ - Wells Fargo 201-0419513 Payroll Fund - Wells Fargo 001-3042841 Sweep Account 83.767,355.25 Wells Fargo 179-0121790 EMS Payments 71,435.67 Wells Fargo 807-1613395 Credit Card Account 1,030,312.27 Wells Fargo 818-4567843 Alvin ISD 4,223,852.94 Wells Fargo 001-3043112 PEDC Sales Tax - Wells Fargo 280-7409871 Health Claims 215.436.87 Wells Fargo 805-9860145 BC MUD#4 1.43 Wells Fargo Certificate of Deposit - Total of Bank Balances $ 89,308.394.43 Pledged Collateral for City 98,782.875.92 FDIC Insurance 250,000.00 Total Collateral $ 99,032,875.92 Over(Under)Collateralized $ 9,724,481.49 Total%Collateralized 110.9% Bank Account Number Account Name Amount Wells Fargo 100-7284258 Development Authority 1,016,140.48 Total of Bank Balances $ 1,016,140.48 Pledged Collateral for DAP 7,317.675.38 FDIC Insurance 250,000.00 Total Collateral $ 7,567,675.38 Over(Under)Collateralized $ 6,551,534.90 Total%Collateralized 744.7% Total$Over(Under)Collateralized $ 16,276,016.39 Total%Collateralized 118.0% Status Collateralized I:Unvestments\Investment Reports\T!RZ Investment Retort-TIRZ-Otr 1212 TIRZ II Quarterly Investment Report March 31, 2012-June 30, 2012 Portfolio at March 31.2012 Portfolio at June 30.2012 Ending Book Value $ 8,051,941.89 Ending Book Value $ 12,061,097.03 Ending Market Value 8,051,751.67 Ending Market Value 12,060,663.03 Accrued Interest Receivable G1.15 Accrued Interest Receivable 482.90 Unrealized Gain/(Loss) - Unrealized Gain/(Loss) Change in Unrealized Gain/Loss Change in Unrealized Gain/Loss - Weighted Average Maturity 5 Days Weighted Average Maturity 30 Days Change in Market Value 1,997,654.74 Change in Market Value 4,008,911.36 Yield to Maturity at Cost 0.05% Yield to Maturity at Cost 0.08% T-Bill Benchmark 0.19% T-Bill Benchmark 0.21% Agency Note Benchmark 0.01% Agency Note Benchmark 0.01% Average for Quarter Total Rate of Return 0.05% 1 YearT•Bill Benchmark Yield 0.20% Agency Note Benchmark Yield 0.01% 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 Rick• -rtaar. Fatim.Uwakwe Director of Finance Assistant Direct. of Finance Senior Accountant TIR2 II Summary by Type June 30,2012 Description race Amount\Shares Cost Value Book Value Market Valu@ YTM Cost Days To Maturity Cash $ 3,084,836.25 $ 3,084,836.25 5 3,084,836.25 $ 3,084,836.25 0.05 1 MM 7,980,260.78 7,980,260.78 7,980,260.78 7,980,260.78 0.05 1 CD 996,000.00 996,000.00 996,000.00 995,566.00 0.45 357 Total/Average S 12.061.097.03 5 12,061.097.03 S 12.061.097.03 5 12.060.663.03 0.08 30 Group Portfolio Holdings Book Value by Maturity by Type 12,000,000.00 8% p 26°I 10,000,000.00 8.000.000.00 _._..... _ _._.. _._ 6,000,000.00 ... __ 4.000.000.00 _...... 66°%oJ 2,000,000.00 0.00 —.. _ Nam. N mime wCash ■MM CD ! 0-1 Month 1-3 Months 3-6 Months 6-9 Months 9-12 Months >1 Year Interest Rates leys, .20 y, X)vT r Ix!: 7-0 aX kn12 0.19 G' °5 072 I-11 l'°7 .. 3/30/2012 . 0 05 3—m-20 07 6 n':'15 jjr-.,, Lwro 13 "0A11 c 09 0.16 0.21 '- 6/29/2012 0.04 J. 1.04 1.61 2.23 32.0308 32:3755 Yield Curve Comparison 355 V 1 , . -. -..' 2.50 °4e1 ,4'",,,,1,, ", .---'-- 150 .,..` '.,'i'';'''.!.:.''''il'Al.i,q;',''''.i',:*<,:,,,-,,;,30:ii`P t„.."•!:‘,,,,;,,,e:,!•,.,z...., „ ir,..„, -',,' ' •''';;,*''''',.'',::-,'....'0*,:f't;.:iZ.<.:tiliP,iil'fi,-4,,,,,,,,.;-,-;;••■,,,,.:', a ,.„, „„ „_ , / 100 , ...... 0,50 .--,:" ag..— ._ -0 yr w22 -.-300a512 Portfolio vs.Benchmark 0-25 ;;,,'"",),,i'liitkiiii,1":t:Iti,j2;,: 020 0.15 11' ,...,... .I., 010 ".. „ r -4-.°---* '° ■ '\I' 0.00 ° - \ ,\ ..N't „O .6,.,.. c,e.y ,N..6.c IA' t-, 1 ,3... ,,,i,, .,,,N,... .0.,,,,,,, 4.,.. \;NA, ,NN .,.,1 _,,,,, ‘40,1 .0,e`' J s‘t. q SE,' I1 It poftlio •Total —at—I Year T-Eelt City of Pearland Quarterly Investment Report at Quarterend Report Format: By Transaction Grout By: Security Type Portfolio/Report Group:66:TIRZ II As of 6/30/2012 Portfolio Settlement Maturity YTM IF Face Days To Accrued %of Description CUSIP/Ticker Name Date Date Cost Amount/Shares Cost Value Book Value Market Value Maturity Interest Portfolio Cash Wets Fargo 66:TIRZ Sweep WFSWEEP II 5/31/7006 N/A 0.05000 3,084,836.25 3,084,836.25 3,084,836.25 3,084,836.25 1 N/A 25.58 Cash Sub Total/ 0.05000 3,084,836.25 3,084,836.25 3,084,836.25 3,084,836.25 1 0.00 25.58 Average Certificate Of Deposit CDARS 0.5 CD1013981856 66:TIRZ 6/21/2012 6/20/2013 0.50000 500,000.00 500,000.00 500,000.00 500,000.00 355 G1.64 4.15 6/20/2013 11 MARLIN BUSINESS CD57116ADR6 66:TIRZ 2/15/2012 8/15/2012 0.20000 248,000.00 248,000.00 248,000.00 247,944.20 46 184.81 2.06 BANK 0.2 II 8/1.5/2012 SAFRA NATIONAL CO786580150 6b.TIRZ 5/3/2012 5/5/2014 0.60000 248,000.00 248,000.00 243,000.00 247,621.80 674 236.45 2.06 BANK 0.6 II 5/5/2014 Sub Total/ 0.45020 996,000.00 996,000.00 996,000.00 995,566.00 357 482.90 8.26 Average Money Market Wells Fargo WF7843 I( TIRZ 5/30/2006 N/A 0.05000 7,980,260.78 7,980,260.78 7,980,260.78 7,980,260.78 1 N/A 66.17 MM Sub Total/ 0.05000 7,980,260.78 7,980,260.78 7,980,260.78 7,980,260.78 1 0.00 66.17 Average Total/ 0.08305 12,061,097.03 12,061,097.03 12,061,097.03 12,060,663.03 30 482.90 100 Average City of Pearland Quarterly Investment Report Report Format: By CUS1P Group By: Security Type Portfolio/Report Group:66:TIR2 II Begin Date:3/31/2012,End Date:6/30/2012 Portfolio Maturity Annualized Amortized Amortized Investment Description CUSIP/Ticker Name Date TRR-BV Beginning BV Buy Principal Sell Principal Discount Premium Ending BV Income-By CASH Wells Fargo WFSWEEP 66,TIRZ N/A 0.05 2,466,169.63 1,302,844.12 684,177.50 0.00 0.00 3,084,836.25 405.73 Sweep Cash II Sub Total/Average 0.05 2,466,169.63 1,302,844.12 684,177.50 0.00 0.00 3,084,836.25 405.73 Cash CERTIFICATE OF DEPOSIT CDARS 0.5 001013981856 66:TIRZ 6/20/2013 0.50 0.00 500,000.00 0.00 0.00 0.00 500,000.00 61.64 6/20/2013 II MARLIN BUSINESS CDS7116ADR6 66:TIRZ 8/15/2012 0.20 248,000.00 0.00 0.00 0.00 0.00 248,000.00 123.66 BANK 0.2 II 8/15/2012 SAFRA NAT 10 NAL CD786580150 66:TIRZ 5/5/2014 0.60 0.00 248,000.00 0.00 0.00 0.00 248,000.00 236.45 BANK 0.6 II 5/5/2014 Sub Total/Average 0.37 248,000.00 748,000.00 0,00 0.00 0.00 996,000.00 421.75 Certificate Of Deposit MONEY MARKET Wells Fargo WF7843 65:TIR2 N/A 0.03 5,337,772,26 15,656,062.82 13,013,574.30 0.00 0.00 7,980,260.78 536.48 MM II Sub Total/Average 0.03 5,337,772.26 15,656,062.82 13,013,574.30 0.00 0.00 7,980,260.78 536.48 Money Market Total/ 0.05 8,051,941.89 17,706,906.94 13,697,751.80 0.00 0.00 12,061,097.03 1,363.96 Average Pledged Collateral Reconciliation Report June 30, 2012 Bank Account Number Account Name Amount Welts Fargo 201-0419505 Operating $ - Wells Fargo 201-0419513 Payroll Fund - Wells Fargo 001-3042841 Sweep Account 67,509,717.92 Wells Fargo 201-0419554 98 CO Escrow - Wells Fargo 807-1613395 Credit Card Account 596.333.22 Wells Fargo 818-4567843 Alvin ISD 7,980,260.78 Wells Fargo 001-3043112 PEDC Sales Tax - Wells Fargo 280-7409871 Health Claims 358,698.95 Wells Fargo 865-9860145 BC MUD#4 26,767.97 Wells Fargo Certificate of Deposit - Total of Bank Balances $ 76,471,778.84 Pledged Collateral for City 87,633,555.68 FDIC Insurance 250,000.00 Total Collateral $ 87,883,555.68 Over(Under)Collateralized $ 11,411,776.84 Total%Collateralized 114.9% Bank Account Number Account Name Amount Wells Fargo 100-7284258 Development Authority 1,005.469.85 Total of Bank Balances $ 1,005,469.85 Pledged Collateral for DAP 9,561,774.04 FDIC Insurance 250.000.00 Total Collateral $ 9,811,774.04 Over(Under)Collateralized $ 8,806,304.19 Total%Collateralized 975.8% Total$Over(Under)Collateralized $ 20,218,081.03 Total%Collateralized 126.1% Status Collateralized t:\Investments\Investment Reports\TIRZ Investment Report-TIRZ-Qtr 0612 TIRZ II Quarterly Investment Report Dec 31, 2012- Mar 31, 2013 Portfolio at De:31.201.2 Portfolio at Mar 31.2013 Ending Book Value S 6,353,200.39 Ending Book Value $ 8,510,336.50 Ending Market Value 6,353,200.39 Ending Market Value 8,510,33650 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 Day Weighted Average Maturity 1 Day Change in Market Value 1,697,709.70 Change in Market Value 2,157,136.11 Yield to Maturity at Cost 0.15% Yield to Maturity at Cost 0.15% T-Bill Benchmark 0.16% T-Bill Benchmark 0.14% Agency Note Benchmark 0.01% Agency Note Benchmark 0.01% Average for Quarter Total Rate of Return 0.15% 1 Year T-Bill Benchmark Yield 0.15% Agency Note Benchmark Yield 0.01% 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 bb :4y Claire Bogard Ric.12 gaa d Fatima Uwakwe Director of Finance Assistant Dire tor of Finance Accounting Supervisor TIRZ II Summary by Type March 31,2013 Description! Face Amount 1Shares Cost Value Book Value Market Value YTM jt Cost Days To Maturity Cash $ 3,993,264.33 S 3,993,264.33 $ 3,993,264.33 $ 3,993,264.33 0.14 1 MM 4,517,072.17 4,517,072.17 4,517,072.17 4,517,072.17 0.15 1 Total/Average $ 8,510336.50 S 8.510.336.50 S 8.510.336.50 S 8.510.336.50 0.15 1 Group Portfolio Ho dings Book Value by Maturity by Type 9.000.00O.00 __._ _—_._._..._..__—_-_--......_...__..........___......... 8,000,000.00 _._......... _..... 7.000.000.00 47% 4,000,000.00 _. 53°l0� 3,000.000.00 2,OOO.00O.00 1.000,000 00 ____ __. _..... .. _..... 0.00 _. _ .m__._ ._ ........_ ........_�..._ taCash ■Mkt 0-1 Month 1-3 Morphs 3-6 Months 6-5 Months 9-12 Months 1 Year Intere tes 1280 1...r09 2 f,0 6 Ple 1.4". LC /Ir. ix Zs .1.0..kt .Z0. 19..A 12/31/2012 0.02 0.01 0.11 0.16 0.25 0.36 0.72 1.18 1.78 2.54 2.95 3/28/2013 0.04 0.07 0.11 0.14 0.25 0.30 0.77 1.24 1.87 2.71 3.10 Yield Curve Comparison 3.50 300 2.50 2.00 1.50 T1RZ's Portfolio YTM.15% 7 . 1 Doi;WAM 1.90 / 0.50 / , 000 c. tCt.'111, al-T-7-11-7"---.m.--.- . . . 1 mo 7 mo S rno 1 yr 2 yr 3 yr 5 yr T yr 10 yr 20 yr 30 yr -4-3;2812013 -el-1213112012 Portfolio vs.Benchmark 0.25 0.20 -IIL -' \\ 0.15 / / 0.10 - ..-.----- 0.05 . * 4,-----4---4r------ . ,1 --4,-- • ,f0- ,N'1 AS NS _NT X2- ,...q- SZ'Y Or If l'Z' PO 02.1 VN- p.,0 SeC OC.‘ •.1ON' *De' -4-portfolio Total -4.---1 Year Tall -4-Agency Note City of Pear land Quarterly Investment Report Report Format:By CUSIP Group By:Securty Type Portfolio/Report Group:66:TIRZ II Begin Date:12/31/2012,End Date:3/31/2013 Ending Portfolio YTM @ Maturity Sell Amortized Amortized Investment Description CUSIP/Tidier Name Cost Date Beginning By Buy Principal Principal Discount Premium Ending BV Income-BV CASH Welts Fargo Sweep WF54VFEP 66:TIRZ 0.140 WA 2,129,347.45 1,663,916.88 0.00 0.00 0.00 3,993,264.33 1,296.25 Cash II Sub Total/Average 0.140 2,129,347.45 1,863,916.88 0.00 0.00 0.00 3,993,264.33 1,296.25 Cash MONEY MARKET Wets Fargo MM WF7843 66:TIRZ 0.150 N/A 4,223,857.94 293,219.23 0.00 0.00 0.00 4,517,072.7.7 1,630.84 Sub Total/Average 0.150 4,223,852.94 293,219.23 0.00 0.00 0.00 4,517,072.17 1,630.84 Money Market Total/ 0.145 6,353,200.39 2,157,136.11 0.00 0.00 0.00 8,510,336.50 2,927.09 Average 1 ofI City of Pearland Quarterly Investment Report at Quarterend Report Format:By Transaction Group By:Security Type Portfolio/Report Group:66:TIRZ II As of 3/31/2013 Portfolio Settlement Maturity YTM C Face Days To Accrued °I°of Description CUSIP/Ticker Name Date Date Cost Amount/Shares Cost Value Book Value Market Value Maturity Interest Portfolio Cash Welk Fargo WFSW°[P 66:TIRZ 5/31/2006 NjA 0.140 3,993,264.33 3,993,264.33 3,993,264.33 3,993,264.33 1 46.92 Sweep Cash 11 Sub Total/ 0.140 3,993,264.33 3,993,264.33 3,993,264.33 3,993,264.33 1 0.00 46.92 Average Money Market MMk Fargo WF7843 606:TIR2 5/30/2006 N/A 0.150 4,517,072.17 4,517,072.17 4,517,072,17 4,517,072.17 1 53.08 Sub Total/ 0.150 4,517,072.17 4,517,072.17 4,517,072.17 4,517,072.17 1 0.00 53.08 Average Total/ 0.145 8,510,336.50 8,510,336.50 8,510,336.50 8,510,336.50 1 0.00 100 Average • 1 etl Pledged Collateral F onciliation Report March 31, 2013 Bank Account Number Account Name Amount Wets Fargo 201-0419505 Operating - Wets Fargo 201-0419513 Payroll Fund - Wells Fargo 001-3042841 Sweep Account 83.432,146.88 Wells Fargo 179-0121790 EMS Payments 446,045.16 Wells Fargo 807-1613395 Credit Card Account 319,150.17 Wells Fargo 818-4567843 Alvin ISD 4.517,072.17 Wells Fargo 001-3043112 PEDC Sales Tax - Wells Fargo 280-7409871 Health Claims 478,377.15 Wells Fargo 865-9860145 BC MUD#4 1.43 Total of Bank Balances $ 89,192,792.96 Pledged Collateral for City 109,786,188.62 FDIC Insurance 250,000.00 Total Collateral $ 110.036,188.62 Over(Under)Collateralized $ 20,843,395.66 Total%Collateralized 123.4% Bank Account Number Account Name Amount Wells Fargo 100-7284258 Development Authority 1,008,554.08 Total of Bank Balances $ 1,008,554.08 Pledged Collateral for DAP 6,538,051.42 FDIC Insurance 250,000.00 Total Collateral $ 6,788,051.42 Over(Under)Collateralized $ 5,779,497.34 Total%Collateralized 673.0% Total$Over(Under)Collateralized $ 26,622,893.00 Total%Collateralized 129.5% Status Collateralized lAnvestments1Investment Reperts1TIRLInvestment R3pOrt-TIRZ Qtr 0313 TIRZ II Quarterly Investment Report June 30, 2012-Sept 30, 2012 Period 13 Portfolio at June 30.2012 Portfolio at Seat 30.2012 Ending Book Value S 12,061,097.03 Ending Book Value $ 4,655,490.69 Ending Market Value 12,060,663.03 Ending Market Value 4,655,490.69 Accrued Interest Receivable 482.90 Accrued Interest Receivable Unrealized Gain/(Loss) - Unrealized Gain/(Loss) - Change in Unrealized Gain/Loss - Change in Unrealized Gain/Loss - Weighted Average Maturity 30 Days Weighted Average Maturity 1 Day Change in Market Value 4,008,911.36 Change in Market Value (7,405,172.34) Yield to Maturity at Cost 0.08% Yield to Maturity at Cost 0.16% T-Bill Benchmark 0.21% T-Bill Benchmark 0.17% Agency Note Benchmark 0.01% Agency Note Benchmark 0.01% Average for Quarter Total Rate of Return 0.10% 1 Year T-Bill Benchmark Yield 0.16% Agency Note Benchmark Yield 0.01% 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: l 0D O ZY.L> Claire Bogard Rick 0 • ::ard Fats a Uwakwe Director of Finance Assistant Director of Finance Accounting Supervisor TIRZ II Summary by Type Sept 30,2012 pescriotion Face Amount\Shares Cost Value Book Value Market Value YTM tia Cost Pays To Maturity Cash $ 433,234.41 S 433,234.41 $ 433,234.41 $ 433,234.41 0.17 1 MM 4,222,256.28 4,222,256.28 4,222,256.28 4,222,256.28 0.16 1 Total/Average 5 4.655.490.69 i 4.655.490.69 $ 4,655.490.69 5 4.655.490.69 0.16 1 Group Portfolio Holdings Book Value by Maturity by Type 5,000.000.00 1 / 9% 4,500.00000 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 91% 500,000.00 _ 000 - •Cash ■MP 0-1 Month 1-3 Months 3-6 Months 6-9 Months 9-12 Months >1 Year 1 Interest Rates Qs= km4 1012 £!n2 Lot 2x IV /Y1 Lot 121¢ 24.V .30 yr 6/29/2012 0.04 0.09 0.16 0.21 0.33 0.41 0.72 1.11 1.67 2.38 2.76 9/28/2012 0.06 0.10 0.14 0.17 0.23 0.31 0.62 1.04 1.65 2.42 2.82 Yield Curve Comparison 300 ... .........._ _.._......_.........__ ,..._ ......_._._._ _ ...____.__ ..._._.____..__,__.___..___.__.._, ._.___-......___._.___._._.� 2.50 2.00 1.50 TIR:.'s Portfolio YTM.16% j'/ 1.00 /1 Da WAM f 0.50 / jjj --- 0.00 1 mo mo 6 ma 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr -+-9/2812012 -t-6/2912012 Portfolio vs.Benchmark 0.25 0.20 _-_-rani^_ / a o.15 a-10 .._ *,_. A ._ .- - ..._�, -_ 1 0.00 - - 611 a4^.\ -1\ pn 11, c.icr 1 o-13. x.1. ay,17• Jr-11 v„17. 91. ,ja oeF, -.-Portroiio Total -e--1 Year T-Big -a-Agency Note City of Pearland Quarterly Investment Report at Quarterend Report Format: By Transaction Group By: Security Type Portfolio/Report Group:66:TIRZ II As of 9/30/2012 Portfolio Settlement Maturity VIM B. Face Days To Accrued %of Description CUSIP/Ticker Name Date Date Cost Amount/Shares Cost Value Book Value Market Value Maturity Interest Portfolio Cash Wells Fargo 66:TIR2 Sweep WFSWEEP II 5/31/2006 N/A 0.170 433,234.41 433,234.41 433,234.41 433,234.41 1 9.31 Cash Sub Total/ 0.170 433,234.41 433,234.41 433,234.41 433,234.41 1 0.00 9.31 Average Money Market Wells Fargo 66:TIRZ WF7843 5/30/2006 N/A 0.160 4,222,256.28 4,222,256.28 4,222,256.28 4,222,256.28 1 90.69 MM II Sub Total/ 0.160 4,222,256.28 4,222,256.28 4,222,256.28 4,222,256.28 1 0.00 90.69 Average Total/ 0.161 4,655,490.69 4,655,490.69 4,655,490.69 4,655,490.69 1 0.00 100 Average City of Pearland Quarterly Investment Report Report Format: By CUSIP Group By: Security Type Portfolio/Report Group:66:TIRZ II Begin Date:6/30/2012,End Date:9/30/2012 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 WFSW EEP 66:TIRZ 1v A 0.03 3,084,836.25 1,882,655.99 4,534,257.83 0.00 0.00 433,234.41 196.18 Sweep Cash II Sub Total/Average 0.03 3,084,836.25 1,882,655.99 4,534,257.83 0.00 0.00 433,234.41 196.18 Cash CERTIFICATE OF DEPOSIT CDARS 0.5 C01013981856 66:TIRZ 6/20/2013 0.51 500,000.00 0.00 500,000.00 0.00 0.00 0.00 219.18 6/20/2013 II MARLIN BUSINESS C057116A0R6 66:TIRZ 8/15/20,2 0.20 248,000.00 0.00 248,000.00 0.00 0.00 0.00 62.51 BANK 0.2 II 8/15/2012 SAFRA NATIONAL CD786580350 66:TIRZ 5/5/2014 0.61 248,000.00 0.00 248,000.00 0.00 0.00 0.00 130.45 BANK 0.6 II 5/5/2014 Sub Total/Average 0.43 996,000.00 0.00 996,000.00 0.00 0.00 0.00 412.14 Certificate Of Deposit MONEY MARKET Wells Fargo 66:TIRZ WF7843 ri;A 0.11 7,980,260.78 798,142.24 4,556,146.74 0.00 0.00 4,222,256.28 1,761.05 MM II Sub Total/Average 0.11 7,980,260.78 798,142.24 4,556,146.74 0.00 0.00 4,222,256.28 1,761.05 Money Market Total/ 0.10 12,061,097.03 2,680,798.23 10,086,404.57 0.00 0.00 4,655,490.69 2,369.37 Average Pledged Collateral Reconciliation Report September 30, 2012 Bank Account Number Account Name Amount Wells Fargo 201-0419505 Operating $ - Wells Fargo 201-0419513 Payroll Fund - Wells Fargo 001-3042841 Sweep Account 57,594,144.23 Wells Fargo 201-0419554 98 CO Escrow - Wells Fargo 807-1613395 Credit Card Account 620,889.88 Wells Fargo 8184567843 Alvin ISO 4,222,256.28 Wells Fargo 001-3043112 PEDC Sales Tax - Wells Fargo 230-7409871 Health Claims 201,496.15 Wells Fargo 865-9860145 BC MUD#4 1.44 Wells Fargo Certificate of Deposit - Total of Bank Balances $ 62,638,787.98 Pledged Collateral for City 92,979,805.97 FDIC Insurance 250,000.00 Total Collateral $ 93,229,805.97 Over(Under)Collateralized $ 30,591,017.99 Total%Collateralized 148.8% Bank Account Number Account Name Amount Wells Fargo 100-7284258 Development Authority 656,251.90 Total of Bank Balances $ 656,251.90 Pledged Collateral for DAP 8,145,221.83 FDIC Insurance 250,000.00 Total Collateral $ 8,395,221.83 Over(Under)Collateralized $ 7,738,969.93 Total%Collateralized 1279.3% Total$Over(Under)Collateralized $ 38,329,987.92 Total%Collateralized 160.6% Status Collateralized I:\Investments\Investment Reports\TIRZ\Investment Report-TIRZ-Qtr 0912