TO: Chair and Members of the Finance Authority
FROM: Rose Tam, Director of Finance
PREPARED BY: Anthony Ceballos, Accountant
DATE: July 17, 2024
SUBJECT: Treasurer’s Report FA – June 2024
SUMMARY
Attached is the Treasurer’s Report for the month of June 2024. The Treasurer’s Report lists all cash for the City which includes the Baldwin Park Financing Authority, the Housing Authority, and the Successor Agency to the Community Development Commission (CDC). All investments are in compliance with the City’s Investment Policy and the California Government Code.
RECOMMENDATION
Staff recommends that the Board receive and file the Treasurer’s Report for June 2024.
FISCAL IMPACT
None
BACKGROUND
City of Baldwin Park Investment Policy requires the Treasurer’s Report be submitted to the Mayor and City Council on a monthly basis.
LEGAL REVIEW
Not Applicable
ATTACHMENTS
1. Exhibit “A”, Treasurer’s Report
ESTIMATED
INVESTMENT INTEREST PURCHASE MATURITY PAR CURRENT BOOK MARKET
DESCRIPTION RATE DATE DATE VALUE PRINCIPAL VALUE VALUE
State of California Local Agency Investment Fund (LAIF) * City-Including General Fund & all other Special Revenue Funds 4.480% Varies Varies 12,466,047.01$ 12,466,047.01$ 12,466,047.01$ 12,466,047.01$ * Housing Authority 4.480% Varies Varies 426.28 426.28 426.28 426.28 12,466,473.29 12,466,473.29 12,466,473.29 12,466,473.29 Certificate of Deposit
* Traditions Bancorp Inc. (Cambridge Investment Research) 4.650% 11/4/2022 11/4/2024 250,000.00 250,000.00 250,000.00 249,217.50 * BMO 5.400% 4/26/2024 7/26/2024 10,000,000.00 10,000,000.00 10,000,000.00 10,096,164.38 10,250,000.00 10,250,000.00 10,250,000.00 10,345,381.88 US Treasury Securities
* United States Treas NTS 3.000T 07/31/24 B/E DTD 07/31/22 1st CPN DTE 01/31/23 CPN PMT Semi Annual (Multi-Bank Securities Inc.) 3.000% 7/13/2023 7/31/2024 6,500,000.00 6,500,000.00 6,500,000.00 6,487,260.00 * United States Treas Bills 0.000% 08/22/24 B/E DTD 02/22/24 (Piper Sandler & Co.) 0.000% 2/22/2024 8/22/2024 3,000,000.00 3,000,000.00 3,000,000.00 2,977,350.00 * United States Treas Bills 0.000% 09/26/24 B/E DTD 03/28/24 (Piper Sandler & Co.) 0.000% 4/3/2024 9/26/2024 10,000,000.00 10,000,000.00 10,000,000.00 9,873,700.00 19,500,000.00 19,500,000.00 19,500,000.00 19,338,310.00 US Government Bonds
* Federal Natl Mtg Assn 5.210% 02/14/25 B/E DTD 02/16/24 Callable 08/14/24 @ 100.000 (Multi-Bank Securities Inc.) 5.210% 2/16/2024 2/14/2025 2,000,000.00 2,000,000.00 2,000,000.00 1,998,080.00 * Federal Natl Mtg Assn 5.210% 02/14/25 B/E DTD 02/16/24 Callable 08/14/24 @ 100.000 (Piper Sandler & Co.) 5.210% 2/16/2024 2/14/2025 2,000,000.00 2,000,000.00 2,000,000.00 1,998,080.00 * Federal Home LN BKS CONS BD 5.250% 12/30/24 B/E DTD
03/28/24 Callable 06/28/24 @ 100.000 (Piper Sandler & Co.) 5.250% 4/2/2024 12/30/2024 5,000,000.00 5,000,000.00 5,000,000.00 4,995,350.00 * Federal Home LN BKS CONS BD 5.350% 04/3/25 B/E DTD
04/4/24 Callable 07/3/24 @ 100.000 Moody Rating Aaa (Piper Sandler & Co.) 5.350% 4/4/2024 4/3/2025 7,000,000.00 7,000,000.00 7,000,000.00 6,993,770.00 * Federal Home LN BKS CONS BD 5.180% 10/2/25 B/E DTD
04/2/24 Callable 01/2/25 @ 100.000 Moody Rating Aaa S & P (Piper Sandler & Co.) 5.180% 4/2/2024 10/2/2025 7,000,000.00 7,000,000.00 7,000,000.00 6,992,510.00 * Federal Home LN BKS CONS BD 5.125% 03/27/26 B/E DTD
03/28/24 Callable 12/27/24 @ 100.000 Moody Rating Aaa S & P (Piper Sandler & Co.) 5.125% 4/2/2024 3/27/2026 7,000,000.00 7,000,000.00 7,000,000.00 6,985,860.00 30,000,000.00 30,000,000.00 30,000,000.00 29,963,650.00 US Bank - Debt Service Trustee Accounts
* Fiscal Agent Funds (Trust/Debt Service Fund) Varies Varies Varies 3,917,687.87 3,917,687.87 3,917,687.87 3,917,687.87 * Fiscal Agent Funds - Successor Agency (Trust/Debt Service Fund Varies Varies Varies 873.28 873.28 873.28 873.28 3,918,561.15 3,918,561.15 3,918,561.15 3,918,561.15
76,135,034.44$ 76,135,034.44$ 76,135,034.44$ 76,032,376.32$ Total Investments 76,135,034.44$
Cash with BMO
614,795.68
272,867.39
249.66
721,962.65
6,603,501.58
1,073,517.88
Total Cash with BMO 9,286,894.84
Investment Brokerage (Cash & Cash Equivalents) 27,559.94 Total Cash and Investments $ 85,449,489.22
Money Market Plus
Successor Agency
CITY OF BALDWIN PARK
TREASURER'S REPORT
6/30/2024
Housing Authority
City Miscellaneous Cash (W/C, P/R)
City Checking (General)
CNG Station
CITY OF BALDWIN PARK
TREASURER'S REPORT
6/30/2024
Approved by:
Rose Tam
Director of Finance
Statement of Investment Policy.
* There was no investment maturity and no purchase transactions made for the month of June 2024 and no deposits/withdrawals were made through the Local Agency Investment Fund.
In compliance with the California Government Code Section 53646 et seq., I hereby certify that sufficient investment liquidity and anticipated revenues are available to meet the City's expenditure requirements for the next six months that all investments are in compliance to the City's * Schedule of Cash and Investments includes city-wide assets as included in the Comprehensive Annual Financial Report.
HOUSING AUTHORITY
REGULAR MEETING
Agenda
July 17, 2024, 7:00 PM
Chair
Vice Chair
Board Member
Board Member
Board Member
Emmanuel J. Estrada
Jean M. Ayala
Alejandra Avila
Daniel Damian
Monica Garcia
Welcome to your Housing Authority Meeting
We welcome your interest and involvement in the City’s legislative process. This agenda includes information about topics coming before the Board Members and the action recommended by city staff. You can read about each topic in the staff reports, which are available on the city’s website and in the Office of the City Clerk.
Please note that, in the event of a technical issue causing a disruption in the call-in option or internet-based option, the meeting will continue unless otherwise required by law, such as when a Board Member is attending the meeting virtually pursuant to certain provisions of the Brown Act. Electronic devices are to be turned off while meetings are in session.
How to watch
The City of Baldwin Park provides two ways to watch a Housing Authority meeting:
In Person
Most Housing Authority meetings take
place at City Hall, 14403 E. Pacific
Ave., Baldwin Park, CA 91706
Online
Audio streaming will be available at
https://www.youtube.com/channel/UCFLZ0_dDFRjy59rhiDZ13Fg/featured?view_as=subscriber http://baldwinpark.granicus.com/ViewPublisher.php?view_id=10 Reasonable Accommodations
Individuals with disabilities may request an agenda packet in appropriate alternative formats as required by the Americans with Disability Act of 1990. Reasonable accommodations and auxiliary aids will be provided to effectively allow participation in the meeting. Please contact the City Clerk’s Office at (626) 960-4011.
Public Comments
The public is encouraged to address the City Council or any of its Agencies listed on this agenda on any matter posted on the agenda or on any other matter within its jurisdiction. In accordance with Chapter 39 of the Baldwin Park Municipal Code, Speakers must address the Council as a whole and refrain from making impertinent, slanderous, or profane remarks or disrupt the peace of the meeting. Speaker cards are available at the podium and by request with the City Clerk.
Public Communication
There is a three-minute speaking time limit. This is the time set aside to address the City Council. Please notify the City Clerk if you require the services of an interpreter. No Action may be taken on a matter unless it is listed on the agenda, or unless certain emergency or special circumstances exist. The legislative body or its staff may: 1) Briefly respond to statements made or questions asked by persons; or 2) Direct staff to investigate and/or schedule matters for consideration at a future meeting. [Government Code §54954.2] If you wish to comment on agenda items and are unable to physically appear in person, please email your name, place of residence, item number or topic and a phone number where you will be available between the hours of 7:00 PM du ring City Council Meetings to [email protected]. Written comments will be distributed and will be made part of the written record but will NOT be read verbally at the meeting.
CALL TO ORDER
ROLL CALL
PUBLIC COMMUNICATIONS
CONSENT CALENDAR
1. Baldwin Park Housing Authority’s Warrants and Demands Staff recommends that the Board ratify the attached Warrants and Demands Register.
2. Treasurer’s Report HA – May 2024
Staff recommends that the Board receive and file the Treasurer’s Report for May 2024.
3. Treasurer’s Report HA – June 2024
Staff recommends that the Board receive and file the Treasurer’s Report for June 2024.
ADJOURNMENT
CERTIFICATION
I, Christopher Saenz, City Clerk of the City of Baldwin Park hereby certify that, under penalty of perjury under the laws of the State of California that the foregoing agenda was posted on the City Hall bulletin board not less than 72 hours prior to the meeting.
Christopher Saenz
City Clerk
For further information regarding agenda items, please contact the office of the City Clerk at (626) 960-4011 ext. 466 or via e-mail at [email protected]. In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the Public Works Department or Risk Management at (626) 960-4011. Notification 48 hours prior to the meeting will enable staff to make reasonable arrangements to ensure accessibility to this meeting. (28 CFR 34.102.104 ADA TITLE II)
STAFF REPORT
ITEM NO. _____HA 1____
TO: Chair and Members of the Housing Authority
FROM: Rose Tam, Director of Finance
PREPARED BY: Grace Nguyen, Senior Finance Clerk
DATE: July 17, 2024
SUBJECT: Baldwin Park Housing Authority’s Warrants and Demands
SUMMARY
Attached are the Warrants and Demands Registers for the City of Baldwin Park Housing Authority to be ratified by the Board.
RECOMMENDATION
Staff recommends that the Board ratify the attached Warrants and Demands Register.
FISCAL IMPACT
The total of the Warrants and Demands for Housing Authority was $818,797.41.
BACKGROUND
The attached Claims and Demands report format meets the required information as set out in the California Government Code. Staff has reviewed the requests for expenditures for the appropriate budgetary approval and for the authorization from the departmen t head or its designee. Pursuant to Section 37208 of the California Government Code, the Chief Executive Officer or his/her designee does hereby certify to the accuracy of the demands hereinafter referred. Payments released since the previous meeting and the following is a summary of the payment released:
1. The June 07, 2024 to July 08, 2024 Warrant check numbers 73062 through 73089 in the amount of $17,762.88 and Automated Clearing House (ACH) in the amount of $801,034.53 were made on behalf of City of Baldwin Park Housing Authority constituting of claims and demands, are herewith presented to the Board as required by law, and hereby ratified.
LEGAL REVIEW
Not Applicable
ATTACHMENTS
1. Happy Check Register
2. Happy Check Register ACH
Check Register ReportDate Range: 6/7/2024...7/8/2024VMS Date Range:...Program:-Payment Type:Check Numbers: ...Direct Deposit: Exclude Direct DepositCheck Cleared: AllPort Status: Include Port InsZero HAPs: Include Zero HAPsVoided Payments:Omit Voided PaymentsHeld Checks: Exclude Held ChecksGrouped by:Sorted by: Check Number7/8/2024Check Number Check Date Payee Name Amount DDVMS Date73062 06/12/2024 Cameron Properties $6745.0004/01/202473063 07/01/2024 Julie L Fonseca $19.0007/01/202473064 07/01/2024Vanessa G Ross$109.0007/01/202473065 07/01/2024 Jacqueline Chaves $154.0007/01/202473066 07/01/2024 Carmen Rivera-Madrid $27.0007/01/202473067 07/01/2024 Mona L Martin $57.0005/01/202473068 07/01/2024Xiomara A Martinez$21.0007/01/202473069 07/01/2024 City of Pomona Housing Authority $819.4407/01/202473070 07/01/2024 Ken Chi-Kin Yu $13.0007/01/202473071 07/01/2024 Jasmine Janae Rhodes $138.0007/01/202473072 07/01/2024 Monica A Escalante $45.0007/01/202473073 07/01/2024 Sheila M Freeman $29.0007/01/202473074 07/01/2024 Christine A Rodriguez $37.0007/01/202473075 07/01/2024 Gwendolyn Jean Adams $16.0007/01/202473076 07/01/2024 Jess Edward Peralta $10.0007/01/202473077 07/01/2024 Ricky Garcia $31.0007/01/202473078 07/01/2024 Elaina A Caldera $4.0007/01/202473079 07/01/2024 Manuel Ochoa $159.0007/01/202473080 07/01/2024 Maria L Lopez $21.0007/01/202473081 07/01/2024 Tricia J Haseltine $120.0007/01/202473082 07/01/2024 Eternal Link LLC $1893.0007/01/202473083 07/01/2024 Flemisha Perowe $135.0007/01/202473084 07/01/2024 Isabel Herrera$116.0007/01/202473085 07/01/2024 George Ka Chun Chew $2494.0007/01/202473086 07/01/2024 City of Carlsbad$1121.4407/01/202473087 07/01/2024 Cameron Properties $2526.0007/01/202473088 07/01/2024Venancio Felix$732.0005/01/202473089 07/01/2024 Mary F Ballesteros $171.0007/01/2024Check Register Report GN 07/08/2024 Page 1Copyright © 2011-2024, HAPPY Software, Inc. $17,762.88Total12Unit Count$1,083.58Average Weighted by Unit Count$455.46AverageHard to House Count Check Register Report GN 07/08/2024 Page 2Copyright © 2011-2024, HAPPY Software, Inc.
Check Register ReportDate Range: 6/7/2024...7/8/2024VMS Date Range:...Program:-Payment Type:Check Numbers: ...Direct Deposit: Include Direct DepositCheck Cleared: AllPort Status: Include Port InsZero HAPs: Include Zero HAPsVoided Payments:Omit Voided PaymentsHeld Checks: Exclude Held ChecksGrouped by:Sorted by: Check Number7/8/2024Check Number Check Date Payee Name Amount DDVMS Date33932 06/12/2024 The Six Straws LLC $120.0006/01/202433933 06/12/2024 Post Brookhollow , LP $5397.0004/03/202433934 06/12/2024 $5033.0005/01/202433935 06/12/2024 Monrovia Heritage Park LP $5574.0004/01/202433936 07/01/2024Y & H Investment, Inc.$1617.0005/01/202433937 07/01/2024 Eunice Property, LLC $1225.0007/01/202433938 07/01/2024 Wilson Apartment Associates L.P. $1816.0007/01/202433939 07/01/2024 Monet Huong Nguyen $3029.0007/01/202433940 07/01/2024ASCENSION HOLDINGS LLC$1268.0007/01/202433941 07/01/2024 Tom Cinquegrani $513.0007/01/202433942 07/01/2024 Mark T. Fernandez $881.0007/01/202433943 07/01/2024 Melody (Muoi) Dao $1597.0007/01/202433944 07/01/2024 John W. Ruwitch and Anh Lam Truong $2012.0007/01/202433945 07/01/2024Adam King Lee and Joyce Ng Lee$1374.0007/01/202433946 07/01/2024 Mingyu Qu $2201.0007/01/202433947 07/01/2024 SAE GROUP, LLC $2169.0007/01/202433948 07/01/2024 Wei Zhen Su $1600.0007/01/202433949 07/01/2024 Mallorca Apartments, LTD $3404.0007/01/202433950 07/01/2024 Michael I. or Ling Brooks $941.0007/01/202433951 07/01/2024 Cipriano Salazar Jr. $1612.0007/01/202433952 07/01/2024 Dung Tran $2357.0007/01/202433953 07/01/2024 $1395.0007/01/202433954 07/01/2024 Monrovia 612, LP $29598.0007/01/202433955 07/01/2024 Leslie K Ng $1684.0007/01/202433956 07/01/2024 Jun Hua Hu $2837.0007/01/202433957 07/01/2024 Lien Diep $1585.0007/01/202433958 07/01/2024 Rosa Lamas-Serratos $2369.0007/01/202433959 07/01/2024Villa Olive Oak dba Oak Park- South$5468.0007/01/202433960 07/01/2024 Malcolm Oso $875.0007/01/202433961 07/01/2024 Dajojo, LLC $1285.0007/01/202433962 07/01/2024 Investor Trust Realty Group, Inc. $1427.0007/01/202433963 07/01/2024 Sieu Tuan Phan $3249.0007/01/2024Check Register Report GN 07/08/2024 Page 1Copyright © 2011-2024, HAPPY Software, Inc. 33964 07/01/2024 Don Norwood $1463.0007/01/202433965 07/01/2024Ana Thai$921.0007/01/202433966 07/01/2024 SRI Properties No 15 LLC $1397.0007/01/202433967 07/01/2024 Larry Chow $1851.0007/01/202433968 07/01/2024 T & T Asset Holding, LLC $537.0007/01/202433969 07/01/2024 Michael Alfred Alarcon $1269.0007/01/202433970 07/01/2024 Mousa Boushaaya $1798.0007/01/202433971 07/01/2024 Tuan Viet Ho $2190.0007/01/202433972 07/01/2024Xiaomin Lin and Xiaoxi Wu$2717.0007/01/202433973 07/01/2024 Jun Ye and Ming Feng$1124.0007/01/202433974 07/01/2024 4324 Walnut St LLC$2118.0007/01/202433975 07/01/2024 El Monte Housing Partners LP - The $12163.0007/01/202433976 07/01/2024 Joseph T. Tung $1202.0007/01/202433977 07/01/2024Alamitas LLC$402.0007/01/202433978 07/01/2024Avalon Monrovia LLC$1473.0007/01/202433979 07/01/2024 Pro Management Inc. $1600.0007/01/202433980 07/01/2024Andrew & Eva Fogg$1419.0007/01/202433981 07/01/2024 Heritage Park Villas LP $25575.0007/01/202433982 07/01/2024 Heritage Park Villas LP $3852.0007/01/202433983 07/01/2024 Manapa Enterprises LLC $1507.0007/01/202433984 07/01/2024Villa Olive Oak dba Oak Park - South$6755.0007/01/202433985 07/01/2024$11960.0007/01/202433986 07/01/2024 Palo Verde Apartments, LP $899.0007/01/202433987 07/01/2024 Sharon Campbell $3149.0007/01/202433988 07/01/2024 John M Jacquet Sr. $1975.0007/01/202433989 07/01/2024 Linda Alice Enriquez $1327.0007/01/202433990 07/01/2024 Ha X Van $4495.0007/01/202433991 07/01/2024 Chen Jackson $1210.0007/01/202433992 07/01/2024 Philip Tsui $337.0007/01/202433993 07/01/2024 Paul Yen $1719.0007/01/202433994 07/01/2024 Mie Chen $2778.0007/01/202433995 07/01/2024 Becky Binh Nguyet Luu or Eddie Ma $2131.0007/01/202433996 07/01/2024 Tinh Van Le $627.0007/01/202433997 07/01/2024 The Six Straws LLC $12563.0007/01/202433998 07/01/2024 Everardo Garcia $1755.0007/01/202433999 07/01/2024 Ngoc T. Lieu $3008.0007/01/202434000 07/01/2024Alfred Tai-Kong Ho and Lisa Chen$562.0007/01/202434001 07/01/2024 Covina 023 Woods 206 LP c/o $882.0007/01/202434002 07/01/2024 Doreen Han $1662.0007/01/202434003 07/01/2024 PI Properties No. 94 LLC$1154.0007/01/202434004 07/01/2024 Cecilia Lan Cao $785.0007/01/202434005 07/01/2024 Baldwin Park Family Housing Limited $30651.0007/01/202434006 07/01/2024 Baldwin Park Family Housing Limited$1126.0007/01/202434007 07/01/2024 Grace Chiou $1370.0007/01/202434008 07/01/2024 Marina Alvarez $4405.0007/01/202434009 07/01/2024 Zhi Min Li and WXL Investments Inc. $945.0007/01/2024Check Register Report GN 07/08/2024 Page 2Copyright © 2011-2024, HAPPY Software, Inc. 34010 07/01/2024 Sui Man Mak $802.0007/01/202434011 07/01/2024 Henry Wong $2223.0007/01/202434012 07/01/2024 West Covina Senior Villas II, LP $506.0007/01/202434013 07/01/2024 Dung Trung Pham and Tammy Tram $750.0007/01/202434014 07/01/2024 Francisco J. Sanchez and Gloria $1045.0007/01/202434015 07/01/2024 Blessed Rock of El Monte $28486.0007/01/202434016 07/01/2024 Blessed Rock of El Monte $3981.0007/01/202434017 07/01/2024 Joanne Pham Chau$2118.0007/01/202434018 07/01/2024 $7379.0007/01/202434019 07/01/2024Alfonso Contreras$1308.0007/01/202434020 07/01/2024 Ryan Quach and Hue Cao $1886.0007/01/202434021 07/01/2024 Windwood West Covina, L.P. c/o GK $1860.0007/01/202434022 07/01/2024Alta Vista Villas, LP c/o Yale$3491.0007/01/202434023 07/01/2024 West Covina Seniors Villas I $997.0007/01/202434024 07/01/2024 Post Brookhollow , LP $17790.0007/01/202434025 07/01/2024 Rahmat Ray Nehdar$1135.0007/01/202434026 07/01/2024Alexander Chan$2260.0007/01/202434027 07/01/2024 Phat Binh Vuong $1242.0007/01/202434028 07/01/2024Alan Wu$813.0007/01/202434029 07/01/2024 Keymax Group, Inc $2370.0007/01/202434030 07/01/2024 Lawe Family Trust $795.0007/01/202434031 07/01/2024 Henry Ho $1288.0007/01/202434032 07/01/2024 PAMA IV Properties, LP $5164.0007/01/202434033 07/01/2024 Roger Hin Nam Mak $9531.0007/01/202434034 07/01/2024 LAT Investments, LLC $3231.0007/01/202434035 07/01/2024 Kimmie Mu Matsunaga $4364.0007/01/202434036 07/01/2024Xitlalai Del Real Sanchez$1560.0007/01/202434037 07/01/2024 Delgar IV LLC $1376.0007/01/202434038 07/01/2024 Mary L Haynes$1121.0007/01/202434039 07/01/2024 Betty Chim Lieu $1846.0007/01/202434040 07/01/2024 Clinett Glazis $309.0007/01/202434041 07/01/2024 Jim & Nancy Bailey $523.0007/01/202434042 07/01/2024 Kimberly Nguyen $1022.0007/01/202434043 07/01/2024 Gregory W. Pratt $4266.0007/01/202434044 07/01/2024 Joseph M. Kwok $2094.0007/01/202434045 07/01/2024 Leng Zhang and Bao Ying Jiang $1680.0007/01/202434046 07/01/2024 Mack E Titus $1232.0007/01/202434047 07/01/2024$1198.0007/01/202434048 07/01/2024 Lourdes J. Garrison $5295.0005/01/202434049 07/01/2024 Lois J Gaston $1737.0007/01/202434050 07/01/2024 Doan & Lily Thi $2100.0007/01/202434051 07/01/2024 El Monte Affordable Housing Partner $821.0007/01/202434052 07/01/2024 Jose Baudelio Delgado $349.0007/01/202434053 07/01/2024 Larry Mimms $1600.0007/01/202434054 07/01/2024 Jaime Jimenez $702.0007/01/202434055 07/01/2024 Guillermo Vasquez $2641.0007/01/2024Check Register Report GN 07/08/2024 Page 3Copyright © 2011-2024, HAPPY Software, Inc. 34056 07/01/2024 $1772.0007/01/202434057 07/01/2024 $2920.0007/01/202434058 07/01/2024 Fat Law $903.0007/01/202434059 07/01/2024 Kevin Kambor Kwong and Yuk Ming $1572.0007/01/202434060 07/01/2024 Dwight Chang $2291.0007/01/202434061 07/01/2024 Cameron Park Community Partners, $1798.0007/01/202434062 07/01/2024 Mozhgan Tavakoli $1638.0007/01/202434063 07/01/2024Anmelindon LLC$1865.0007/01/202434064 07/01/2024 Lourdes Vela $3745.0007/01/202434065 07/01/2024 Gilbert Roybal $597.0007/01/202434066 07/01/2024 Philip & Fanny Kwok $1578.0007/01/202434067 07/01/2024 Primrose Villa dba Oak Park-North$11024.0007/01/202434068 07/01/2024 Woodside Village Apartments LP $19144.0007/01/202434069 07/01/2024 Cynthia Pham $685.0007/01/202434070 07/01/2024 Katie Yau and Daniel Hong $3088.0007/01/202434071 07/01/2024 Fanny Chan $1055.0007/01/202434072 07/01/2024 Baldwin Rose LP $1896.0007/01/202434073 07/01/2024 Kwan and Mei Chiang $1026.0007/01/202434074 07/01/2024 Sergio Molina $236.0007/01/202434075 07/01/2024 Fortune America $1700.0007/01/202434076 07/01/2024 Jason Tran $1298.0007/01/202434077 07/01/2024 Chuen Lau $9120.0007/01/202434078 07/01/2024 Tanya H Chen $2281.0007/01/202434079 07/01/2024 Dan Thanh Peng and Hoan Peng $1626.0007/01/202434080 07/01/2024 Sunset Square #200U, LP $9710.0007/01/202434081 07/01/2024 Ngoc Lieu $1243.0007/01/202434082 07/01/2024 Lark Ellen Village$11337.0007/01/202434083 07/01/2024Xuyen Thach Han$2940.0007/01/202434084 07/01/2024 EZ APT LLC $1776.0007/01/202434085 07/01/2024 Kim Wah Wong and Sau Yi Wong $1490.0007/01/202434086 07/01/2024 Lucena A Ewing $4496.0007/01/202434087 07/01/2024 Jocelyn Jae Jhong $3172.0007/01/202434088 07/01/2024 Emilio De Jesus Cruz $1425.0007/01/202434089 07/01/2024 Delgar V LLC $961.0007/01/202434090 07/01/2024 Isabel R Sanchez $1855.0007/01/202434091 07/01/2024 Cienega Garden Apartments $9389.0007/01/202434092 07/01/2024Vinh Hong Lai$4189.0007/01/202434093 07/01/2024 LPC 1829 E Workman Ave., LLC $2910.0007/01/202434094 07/01/2024 Doreen E Ewing $1381.0007/01/202434095 07/01/2024 Moller Property Management $1045.0007/01/202434096 07/01/2024 TPA/NASCH LLC, Westgate as a sole $1357.0007/01/202434097 07/01/2024 TDF LP - Pacific Towers c/o Winn $14109.0007/01/202434098 07/01/2024 Paul & Annie W Chau $892.0007/01/202434099 07/01/2024 Steven Eraj Espantman and Marta $1295.0007/01/202434100 07/01/2024 Gilbert Dominguez $10867.0007/01/202434101 07/01/2024 Eric Yu $1883.0007/01/2024Check Register Report GN 07/08/2024 Page 4Copyright © 2011-2024, HAPPY Software, Inc. 34102 07/01/2024 Up Hill Investment Inc. $1766.0007/01/202434103 07/01/2024 Dieu Van Huynh $918.0007/01/202434104 07/01/2024 Kelly Nguyen $1877.0007/01/202434105 07/01/2024Vijay Gulati$4752.0007/01/202434106 07/01/2024 Nancy Mikhaiel $2151.0007/01/202434107 07/01/2024 Badillo Street Senior Apartments, LP $23829.0007/01/202434108 07/01/2024 Monrovia Heritage Park LP $28548.0007/01/202434109 07/01/2024 Tyler-Valley Metro Housing, LP $15764.0007/01/202434110 07/01/2024 James or Barbara Fox$1125.0007/01/202434111 07/01/2024 Mayra Ortega $1263.0007/01/202434112 07/01/2024 Sel Homes LLC $9094.0007/01/202434113 07/01/2024 Hui Chuan Wang $4668.0007/01/202434114 07/01/2024 725-731 W. Duarte Rd, LLC $1036.0007/01/202434115 07/01/2024 Nhan Nguyen and Amy Tran $2948.0007/01/202434116 07/01/2024 Puente Villa LLC $2431.0007/01/202434117 07/01/2024 RAMONA BLVD. FAMILY$11138.0007/01/202434118 07/01/2024AJG Realty Inc.$2053.0007/01/202434119 07/01/2024 Maria Martha Martinez $7382.0007/01/202434120 07/01/2024Antonio & Aida Rinos$1773.0007/01/202434121 07/01/2024 Greater San Gabriel Valley Property $832.0007/01/202434122 07/01/2024Annette C Scott$1572.0007/01/202434123 07/01/2024 1024 Royal Oaks LP dba Whispering $18522.0007/01/202434124 07/01/2024 1024 Royal Oaks LP dba Whispering $12719.0007/01/202434125 07/01/2024 Khiem Nguyen, Authorized Signer $2341.0007/01/202434126 07/01/2024 Derek Sim$1197.0007/01/202434127 07/01/2024 Josephine Tran$1124.0007/01/202434128 07/01/2024Allan M. & Virginia J Chipp and Ralph$1060.0007/01/202434129 07/01/2024 Zi Jian Li $1227.0007/01/202434130 07/01/2024 Minh A Nguyen $1902.0007/01/202434131 07/01/2024 DelGar I LLC. $1315.0007/01/202434132 07/01/2024 Jaime Barcena $1400.0007/01/202434133 07/01/2024 Monica D Mao $1665.0007/01/202434134 07/01/2024 Shiu-Ein Huang $248.0007/01/202434135 07/01/2024 The Promenade Housing Partners, LP $5081.0007/01/202434136 07/01/2024 Paramjit S Nijjar $3120.0007/01/202434137 07/01/2024 Rosa Beltran $1890.0007/01/202434138 07/01/2024 David Wagner$1173.0007/01/202434139 07/01/2024Ynfante Holdings I, LLC$1008.5307/01/202434140 07/01/2024 Roman Basin $1453.0007/01/202434141 07/01/2024 Sandhya Kal and Padma Kal $1519.0007/01/202434142 07/01/2024 K. Carl and Zitta A Setian $1380.0007/01/202434143 07/01/2024 Nomer Lacson $2038.0007/01/202434144 07/01/2024Anna & Simon Choi$1429.0007/01/202434145 07/01/2024 Chung Thi Pham $2695.0007/01/202434146 07/01/2024 Roy Lam $1298.0007/01/202434147 07/01/2024 Golden Dragon Properties LLC c/o $970.0007/01/2024Check Register Report GN 07/08/2024 Page 5Copyright © 2011-2024, HAPPY Software, Inc. 34148 07/01/2024 Nancy H Shen $766.0007/01/202434149 07/01/2024 Richard A DaSylveira$611.0007/01/202434150 07/01/2024 Sara Romo $2447.0007/01/202434151 07/01/2024 T & P Property LLC $925.0007/01/202434152 07/01/2024 Singing Wood Senior Housing LP $18819.0007/01/202434153 07/01/2024 Sitara B. Mamdani $2362.0007/01/202434154 07/01/2024 Garvey Senior Affordable Partners, LP $3601.0007/01/202434155 07/01/2024Amy Phan Tran$1146.0007/01/202434156 07/01/2024 Ryan Kinpong Woo and Ching King $573.0007/01/202434157 07/01/2024 Mei Yan Chen $1205.0007/01/202434158 07/01/2024 Shawn Hui Zhen $2698.0007/01/2024$801,034.53Total539Unit Count$1,480.49Average Weighted by Unit Count$1,472.49Average4Hard to House Count Check Register Report GN 07/08/2024 Page 6Copyright © 2011-2024, HAPPY Software, Inc.
STAFF REPORT
ITEM NO. _____HA 2 ____
TO: Chair and Members of the Housing Authority
FROM: Rose Tam, Director of Finance
PREPARED BY: Anthony Ceballos, Accountant
DATE: July 17, 2024
SUBJECT: Treasurer’s Report HA – May 2024
SUMMARY
Attached is the Treasurer’s Report for the month of May 2024. The Treasurer’s Report lists all cash for the City which includes the Baldwin Park Financing Authority, the Housing Authority, and the Successor Agency to the Community Development Commission (C DC). All investments are in compliance with the City’s Investment Policy and the California Government Code.
RECOMMENDATION
Staff recommends that the Board receive and file the Treasurer’s Report for May 2024.
FISCAL IMPACT
None
BACKGROUND
City of Baldwin Park Investment Policy requires the Treasurer’s Report be submitted to the Mayor and City Council on a monthly basis.
LEGAL REVIEW
Not Applicable
ATTACHMENTS
1. Exhibit “A”, Treasurer’s Report
ESTIMATED
INVESTMENT INTEREST PURCHASE MATURITY PAR CURRENT BOOK MARKET
DESCRIPTION RATE DATE DATE VALUE PRINCIPAL VALUE VALUE
State of California Local Agency Investment Fund (LAIF) * City-Including General Fund & all other Special Revenue Funds 4.332% Varies Varies 12,466,047.01$ 12,466,047.01$ 12,466,047.01$ 12,466,047.01$ * Housing Authority 4.332% Varies Varies 426.28 426.28 426.28 426.28 12,466,473.29 12,466,473.29 12,466,473.29 12,466,473.29 Certificate of Deposit
* Traditions Bancorp Inc. (Cambridge Investment Research) 4.650% 11/4/2022 11/4/2024 250,000.00 250,000.00 250,000.00 249,087.50 * BMO 5.400% 4/26/2024 7/26/2024 10,000,000.00 10,000,000.00 10,000,000.00 10,051,780.82 10,250,000.00 10,250,000.00 10,250,000.00 10,300,868.32 US Treasury Securities
* United States Treas NTS 3.000T 07/31/24 B/E DTD 07/31/22 1st CPN DTE 01/31/23 CPN PMT Semi Annual (Multi-Bank Securities Inc.) 3.000% 7/13/2023 7/31/2024 6,500,000.00 6,500,000.00 6,500,000.00 6,474,390.00 * United States Treas Bills 0.000% 08/22/24 B/E DTD 02/22/24 (Piper Sandler & Co.) 0.000% 2/22/2024 8/22/2024 3,000,000.00 3,000,000.00 3,000,000.00 2,965,020.00 * United States Treas Bills 0.000% 09/26/24 B/E DTD 03/28/24 (Piper Sandler & Co.) 0.000% 4/3/2024 9/26/2024 10,000,000.00 10,000,000.00 10,000,000.00 9,833,100.00 19,500,000.00 19,500,000.00 19,500,000.00 19,272,510.00 US Government Bonds
* Federal Natl Mtg Assn 5.210% 02/14/25 B/E DTD 02/16/24 Callable 08/14/24 @ 100.000 (Multi-Bank Securities Inc.) 5.210% 2/16/2024 2/14/2025 2,000,000.00 2,000,000.00 2,000,000.00 1,995,420.00 * Federal Natl Mtg Assn 5.210% 02/14/25 B/E DTD 02/16/24 Callable 08/14/24 @ 100.000 (Piper Sandler & Co.) 5.210% 2/16/2024 2/14/2025 2,000,000.00 2,000,000.00 2,000,000.00 1,995,420.00 * Federal Home LN BKS CONS BD 5.250% 12/30/24 B/E DTD
03/28/24 Callable 06/28/24 @ 100.000 (Piper Sandler & Co.) 5.250% 4/2/2024 12/30/2024 5,000,000.00 5,000,000.00 5,000,000.00 4,994,050.00 * Federal Home LN BKS CONS BD 5.350% 04/3/25 B/E DTD
04/4/24 Callable 07/3/24 @ 100.000 Moody Rating Aaa (Piper Sandler & Co.) 5.350% 4/4/2024 4/3/2025 7,000,000.00 7,000,000.00 7,000,000.00 6,992,720.00 * Federal Home LN BKS CONS BD 5.180% 10/2/25 B/E DTD
04/2/24 Callable 01/2/25 @ 100.000 Moody Rating Aaa S & P (Piper Sandler & Co.) 5.180% 4/2/2024 10/2/2025 7,000,000.00 7,000,000.00 7,000,000.00 6,991,320.00 * Federal Home LN BKS CONS BD 5.125% 03/27/26 B/E DTD
03/28/24 Callable 12/27/24 @ 100.000 Moody Rating Aaa S & P (Piper Sandler & Co.) 5.125% 4/2/2024 3/27/2026 7,000,000.00 7,000,000.00 7,000,000.00 6,981,940.00 30,000,000.00 30,000,000.00 30,000,000.00 29,950,870.00 US Bank - Debt Service Trustee Accounts
* Fiscal Agent Funds (Trust/Debt Service Fund) Varies Varies Varies 7,247,477.12 7,247,477.12 7,247,477.12 7,247,477.12 * Fiscal Agent Funds - Successor Agency (Trust/Debt Service Fund Varies Varies Varies 869.66 869.66 869.66 869.66 7,248,346.78 7,248,346.78 7,248,346.78 7,248,346.78
79,464,820.07$ 79,464,820.07$ 79,464,820.07$ 79,239,068.39$ Total Investments 79,464,820.07$
Cash with BMO
574,649.26
394,484.92
249.66
628,747.07
4,592,781.63
1,020,008.93
Total Cash with BMO 7,210,921.47
Investment Brokerage (Cash & Cash Equivalents) 27,472.09 Total Cash and Investments $ 86,703,213.63
CITY OF BALDWIN PARK
TREASURER'S REPORT
5/31/2024
Housing Authority
City Miscellaneous Cash (W/C, P/R)
City Checking (General)
CNG Station
Money Market Plus
Successor Agency
CITY OF BALDWIN PARK
TREASURER'S REPORT
5/31/2024
Approved by:
Rose Tam
Director of Finance
* Schedule of Cash and Investments includes city-wide assets as included in the Comprehensive Annual Financial Report.
Statement of Investment Policy.
* There was no investment purchase transactions made for the month of May 2024 and several deposits were made through the Local Agency Investment Fund.
In compliance with the California Government Code Section 53646 et seq., I hereby certify that sufficient investment liquidity and anticipated revenues are available to meet the City's expenditure requirements for the next six months that all investments are in compliance to the City's
STAFF REPORT
ITEM NO. ____HA 3 ____
TO:
FROM:
Chair and Members of the Housing Authority
Rose Tam, Director of Finance
PREPARED BY: Anthony Ceballos, Accountant
DATE: July 17, 2024
SUBJECT: Treasurer’s Report HA – June 2024
SUMMARY
Attached is the Treasurer’s Report for the month of June 2024. The Treasurer’s Report lists all cash for the City which includes the Baldwin Park Financing Authority, the Housing Authority, and the Successor Agency to the Community Development Commission (CDC). All investments are in compli ance with the City’s Investment Policy and the California Government Code.
RECOMMENDATION
Staff recommends that the Board receive and file the Treasurer’s Report for June 2024.
FISCAL IMPACT
None
BACKGROUND
City of Baldwin Park Investment Policy requires the Treasurer’s Report be submitted to the Mayor and City Council on a monthly basis.
LEGAL REVIEW
Not Applicable
ATTACHMENTS
1. Exhibit “A”, Treasurer’s Report
ESTIMATED
INVESTMENT INTEREST PURCHASE MATURITY PAR CURRENT BOOK MARKET
DESCRIPTION RATE DATE DATE VALUE PRINCIPAL VALUE VALUE
State of California Local Agency Investment Fund (LAIF) * City-Including General Fund & all other Special Revenue Funds 4.480% Varies Varies 12,466,047.01$ 12,466,047.01$ 12,466,047.01$ 12,466,047.01$ * Housing Authority 4.480% Varies Varies 426.28 426.28 426.28 426.28 12,466,473.29 12,466,473.29 12,466,473.29 12,466,473.29 Certificate of Deposit
* Traditions Bancorp Inc. (Cambridge Investment Research) 4.650% 11/4/2022 11/4/2024 250,000.00 250,000.00 250,000.00 249,217.50 * BMO 5.400% 4/26/2024 7/26/2024 10,000,000.00 10,000,000.00 10,000,000.00 10,096,164.38 10,250,000.00 10,250,000.00 10,250,000.00 10,345,381.88 US Treasury Securities
* United States Treas NTS 3.000T 07/31/24 B/E DTD 07/31/22 1st CPN DTE 01/31/23 CPN PMT Semi Annual (Multi-Bank Securities Inc.) 3.000% 7/13/2023 7/31/2024 6,500,000.00 6,500,000.00 6,500,000.00 6,487,260.00 * United States Treas Bills 0.000% 08/22/24 B/E DTD 02/22/24 (Piper Sandler & Co.) 0.000% 2/22/2024 8/22/2024 3,000,000.00 3,000,000.00 3,000,000.00 2,977,350.00 * United States Treas Bills 0.000% 09/26/24 B/E DTD 03/28/24 (Piper Sandler & Co.) 0.000% 4/3/2024 9/26/2024 10,000,000.00 10,000,000.00 10,000,000.00 9,873,700.00 19,500,000.00 19,500,000.00 19,500,000.00 19,338,310.00 US Government Bonds
* Federal Natl Mtg Assn 5.210% 02/14/25 B/E DTD 02/16/24 Callable 08/14/24 @ 100.000 (Multi-Bank Securities Inc.) 5.210% 2/16/2024 2/14/2025 2,000,000.00 2,000,000.00 2,000,000.00 1,998,080.00 * Federal Natl Mtg Assn 5.210% 02/14/25 B/E DTD 02/16/24 Callable 08/14/24 @ 100.000 (Piper Sandler & Co.) 5.210% 2/16/2024 2/14/2025 2,000,000.00 2,000,000.00 2,000,000.00 1,998,080.00 * Federal Home LN BKS CONS BD 5.250% 12/30/24 B/E DTD
03/28/24 Callable 06/28/24 @ 100.000 (Piper Sandler & Co.) 5.250% 4/2/2024 12/30/2024 5,000,000.00 5,000,000.00 5,000,000.00 4,995,350.00 * Federal Home LN BKS CONS BD 5.350% 04/3/25 B/E DTD
04/4/24 Callable 07/3/24 @ 100.000 Moody Rating Aaa (Piper Sandler & Co.) 5.350% 4/4/2024 4/3/2025 7,000,000.00 7,000,000.00 7,000,000.00 6,993,770.00 * Federal Home LN BKS CONS BD 5.180% 10/2/25 B/E DTD
04/2/24 Callable 01/2/25 @ 100.000 Moody Rating Aaa S & P (Piper Sandler & Co.) 5.180% 4/2/2024 10/2/2025 7,000,000.00 7,000,000.00 7,000,000.00 6,992,510.00 * Federal Home LN BKS CONS BD 5.125% 03/27/26 B/E DTD
03/28/24 Callable 12/27/24 @ 100.000 Moody Rating Aaa S & P (Piper Sandler & Co.) 5.125% 4/2/2024 3/27/2026 7,000,000.00 7,000,000.00 7,000,000.00 6,985,860.00 30,000,000.00 30,000,000.00 30,000,000.00 29,963,650.00 US Bank - Debt Service Trustee Accounts
* Fiscal Agent Funds (Trust/Debt Service Fund) Varies Varies Varies 3,917,687.87 3,917,687.87 3,917,687.87 3,917,687.87 * Fiscal Agent Funds - Successor Agency (Trust/Debt Service Fund Varies Varies Varies 873.28 873.28 873.28 873.28 3,918,561.15 3,918,561.15 3,918,561.15 3,918,561.15
76,135,034.44$ 76,135,034.44$ 76,135,034.44$ 76,032,376.32$ Total Investments 76,135,034.44$
Cash with BMO
614,795.68
272,867.39
249.66
721,962.65
6,603,501.58
1,073,517.88
Total Cash with BMO 9,286,894.84
Investment Brokerage (Cash & Cash Equivalents) 27,559.94 Total Cash and Investments $ 85,449,489.22
Money Market Plus
Successor Agency
CITY OF BALDWIN PARK
TREASURER'S REPORT
6/30/2024
Housing Authority
City Miscellaneous Cash (W/C, P/R)
City Checking (General)
CNG Station
CITY OF BALDWIN PARK
TREASURER'S REPORT
6/30/2024
Approved by:
Rose Tam
Director of Finance
Statement of Investment Policy.
* There was no investment maturity and no purchase transactions made for the month of June 2024 and no deposits/withdrawals were made through the Local Agency Investment Fund.
In compliance with the California Government Code Section 53646 et seq., I hereby certify that sufficient investment liquidity and anticipated revenues are available to meet the City's expenditure requirements for the next six months that all investments are in compliance to the City's * Schedule of Cash and Investments includes city-wide assets as included in the Comprehensive Annual Financial Report.