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Home My Public Portal AboutA 2016-11-01 LPFAThis Agenda contains a brief general description of each item to be considered. Copies of the Staff reports or other written documentation relating to each item of business referred to on the Agenda are on file in the Office of the City Clerk and are available for public inspection. A person who has a question concerning any of the agenda items may call the City Manager at (310) 603 -0220, ext. 200. Procedures for Addressing the Council IN ORDER TO EXPEDITE CITY COUNCIL BUSINESS, WE ASK THAT ALL PERSONS WISHING TO ADDRESS THE COUNCIL FILL OUT A FORM PROVIDED AT THE DOOR, AND TO TURN IT IN TO THE CITY CLERK PRIOR TO THE START OF THE MEETING. FAILURE TO FILL OUT SUCH A FORM WILL PROHIBIT YOU FROM ADDRESSING THE COUNCIL IN THE ABSENCE OF THE UNANIMOUS CONSENT OF THE COUNCIL. AGENDA ITEMS ON FILE FOR CONSIDERATION AT THE REGULAR MEETING OF TO BE HELD ON NOVEMBER 1, 2016 6:00 P.M. COUNCIL CHAMBERS 11330 BULLIS ROAD, LYNWOOD, CA 90262 EDWIN E. HERNANDEZ PRESIDENT AIDE CASTRO VICE PRESIDENT MARIA T. SANTILLAN -BEAS MEMBER CHIEF ADMINISTRATIVE OFFICER J. ARNOLDO BELTRAN SECRETARY MARIA QUINONEZ AUTHORITY COUNSEL DAVID A. GARCIA OPENING CEREMONIES CALL TO ORDER ROLL CALL OF MEMBERS Salvador Alatorre Maria T. Santillan -Beas Jose Luis Solache Aide Castro Edwin E. Hernandez �V(yPo W- � rC.4��:7A— CITY OF LYNWOOD CITY CLERKS OFFICE 7 SALVADOR ALATORRE MEMBER JOSE LUIS SOLACHE MEMBER INTERIM FINANCE DIRECTOR DENNIS MCLEAN 3. CERTIFICATION OF AGENDA POSTING BY SECRETARY CITY TREASURER GABRIELA CAMACHO 4. GOVERNMENT CODE SECTION 54954.3 • Members of the City Council are also members of Lynwood Public Financing Authority, which is concurrently convening with the City Council this evening and each Council Member is paid an Additional Stipend of $100 for Attending the Lynwood Public Financing Authority Meeting. Further, the Authority is scheduled to meet four (4) timer per year. If additional meetings are required beyond the scheduled four (4) meetings, the City Council will only get paid for the first four (4) meetings. PUBLIC ORAL COMMUNICATIONS (Regarding Agenda Items Only) NON - AGENDA PUBLIC ORAL COMMUNICATIONS THIS PORTION PROVIDES AN OPPORTUNITY FOR THE PUBLIC TO ADDRESS THE LYNWOOD PUBLIC FINANCING AUTHORITY ON ITEMS WITHIN THE JURISDICTION OF THE LYNWOOD PUBLIC FINANCING AUTHORITY AND NOT LISTED ON THE AGENDA. IF AN ITEM IS NOT ON THE AGENDA, THERE SHOULD BE NO SUBSTANTIAL DISCUSSION OF THE ISSUE BY THE LYNWOOD PUBLIC FINANCING AUTHORITY, BUT LYNWOOD PUBLIC FINANCING AUTHORITY MEMBERS MAY REFER THE MATTER TO THE STAFF OR SCHEDULE SUBSTANTIVE DISCUSSION FOR A FUTURE MEETING. (The Ralph M. Brown Act, Government Code Section 54954.2 (a).) CONSENT CALENDAR All matters listed under the Consent Calendar will be acted upon by one motion affirming the action recommended on the agenda. There will be no separate discussion on these items prior to voting unless members of the Authority or staff request specific items be removed from the Consent Calendar for separate action. 5. MINUTES OF PREVIOUS MEETINGS: Regular Meeting — May 3, 2016 Regular Meeting — August 2, 2016 6. TREASURER'S QUARTERLY INVESTMENT REPORT Comments: The purpose of this item is to have the Honorable President and Members of the Lynwood Public Finance Authority review the Treasurer's Quarterly Investment Report as required by State Statutes. (CT) Recommendation: It is recommended that the President and Members of the Lynwood Public Finance Authority receive and file the attached Quarterly Investment Report for the 15' quarter ending September 30, 2016. ADJOURNMENT THE LYNWOOD PUBLIC FINANCING AUTHORITY MEETINGS WILL BE POSTED AS NEEDED. THE NEXT MEETING WILL BE HELD IN THE COUNCIL CHAMBERS OF CITY HALL, 11330 BULLIS ROAD, CITY OF LYNWOOD, CALIFORNIA. AGENDA STAFF REPORT low DATE: November 1, 2016 TO: Honorable President and Members of the Lynwood Public Financing Authority APPROVED BY: J. Arnoldo Beltran, Chief Administrative Officer. PREPARED BY: Maria Quinonez, Secretary Daryl Betancur, Interim Deputy Secretary D SUBJECT: Lynwood Public Financing Authority Minutes Recommendation: Staff recommends the Lynwood Public Financing Authority, approve the following minutes: • Regular Meeting — May 3, 2016 • Regular Meeting —August 2, 2016 Background: N/A Discussion & Analysis: N/A Fiscal Impact: N/A Coordinated with: N/A 1 ITEM LYNWOOD PUBLIC FINANCING AUTHORITY REGULAR MEETING May 3, 2016 The Lynwood Public Financing Authority of the City of Lynwood met in a regular meeting in the Council Chambers, 11330 Bullis Road, Lynwood, CA on the above date at 6:34 p.m. President Hernandez presiding. Members Alatorre, Santillan -Beas, Solache, Vice - President Castro and President Hernandez were present. Also present were Chief Administrative Officer Beltran, Authority Counsel Garcia, Secretary Quinonez, Executive Assistant to City Clerk Betancur and City Treasurer Camacho. Secretary Quinonez announced that the Agenda had been duly posted in accordance with the Brown Act. Item #4. GOVERNMENT CODE SECTION 54954.3 Secretary Quinonez announced as required by Government Code Section 54954.3, that Members of the City Council are also Members of the Lynwood Public Financing Authority, which is concurrently convening with the City Council and each Council Member is paid an additional stipend of $100 for attending the Lynwood Public Financing Authority Meeting. PUBLIC ORAL COMMUNICATIONS (Regarding Agenda Items Only) NONE NONE AGENDA PUBLIC ORAL COMMUNICATIONS NONE CONSENT CALENDAR MOTION: It was moved by Vice President Castro, Seconded by Member Santillan -Beas to approve the consent calendar. Motion carried by the following roll call vote: AYES: COUNCIL MEMBERS ALATORRE, SANTILLAN -BEAS, SOLACHE, VICE PRESIDENT CASTRO AND PRESIDENT HERNANDEZ NOES: NONE 1 ABSTAIN: NONE ABSENT: NONE Item #5. MINUTES OF PREVIOUS MEETINGS: Approved by Minute Order No. 2016 -3. Item #6. TREASURER'S QUARTERLY INVESTMENT REPORT Received and filed by Minute Order No. 2016 -4. ADJOURNMENT Having no further discussion, it was moved by Vice President Castro, seconded by Member Solache to adjourn the regular meeting of the Lynwood Public Financing Authority meeting at 6:36 p.m. and convene to the regular City Council meeting. Motion carried by unanimous consent. Edwin Hernandez, President 2 Maria QuMonez, Authority Secretary LYNWOOD PUBLIC FINANCING AUTHORITY REGULAR MEETING August 2, 2016 The Lynwood Public Financing Authority of the City of Lynwood met in a regular meeting in the Council Chambers, 11330 Bullis Road, Lynwood, CA on the above date at 6:16 p.m. For the record, the Lynwood Successor Agency meeting and the Lynwood Public Financing Authority meeting were heard concurrently with the City Council alternating between the two agency meetings. President Hernandez presiding. Members Alatorre, Santillan -Beas, Solache, Vice- President Castro and President Hernandez were present. Also present were Chief Administrative Officer Beltran, Authority Counsel Garcia, Secretary Quinonez, Executive Assistant to City Clerk Betancur and City Treasurer Camacho. Secretary Quinonez announced that the Agenda had been duly posted in accordance with the Brown Act. Item #4. GOVERNMENT CODE SECTION 54954.3 Members of the City Council are also members of Lynwood Public Financing Authority, which is concurrently convening with the City Council this evening and each Council Member is paid an Additional Stipend of $100 for attending the Lynwood Public Financing Authority Meeting. Further, the Authority is scheduled to meet four (4) times per year. If additional meetings are required beyond the scheduled four (4) meetings, the City Council will only get paid for the first four (4) meetings. PUBLIC ORAL COMMUNICATIONS (Regarding Agenda Items Only) NONE AGENDA PUBLIC ORAL COMMUNICATIONS NONE H CONSENT CALENDAR MOTION: It was moved by Mayor Pro Tern Castro, seconded by Council Member Santillan -Beas to approve consent calendar items 1 and 2 of the Lynwood Successor Agency agenda inclusive of the Treasurer's Quarterly Investment Report, which was also item No. 17 on the regular City Council agenda under the consent calendar and item 5 on the Lynwood Public Financing Authority Agenda. Motion carried by unanimous consent. Item #5. TREASURER'S QUARTERLY INVESTMENT REPORT Received and Filed by Minute Order No. 2016 -5 ADJOURNMENT Having no further discussion, it was moved by Member Santillan -Beas, seconded by Vice President Castro, to adjourn the regular meeting of the Lynwood Public Financing Authority at 6:19 p.m. and reconvene to the regular City Council meeting. Motion carried by unanimous consent. Edwin Hernandez, President Maria Quinonez, Authority Secretary z i DATE: iffill AGENDA STAFF REPORT November 1, 2016 Honorable President and Members of the Public Finance Authority APPROVED BY: J. Arnoldo Beltran, City Manager PREPARED BY: Gabriela Camacho, City Treasurer Sheila Harding, Deputy City Treasurer SUBJECT: Treasurer's Quarterly Investment Report Recommendation: It is recommended that the President and Members of the Lynwood Public Finance Authority receive and files the attached Quarterly Investment Report. The following information provided in this report highlights the investment activity for the 1st quarter ending September 30, 2016. Background: Due to the crisis caused by the Orange County investment pool, the State Legislature in 1995 enacted SB564 and SB866. These laws were enacted as State Statutes to impose certain mandates regarding investments with public funds. The statutes have imposed the following mandates: 1. Annual adoption of an Investment Policy that incorporates changes mandated by the State. 2. Quarterly Investment Reports presented to the Legislative Body or Board Members. 3. Restriction on the use of certain investment instruments. The purpose of the Treasurer's report is to update the City Council and the public of the status of the City's cash balances, investments and highlight changes from one period to another. This report includes reconciliation between cash and investment balances, a schedule of all investments, and a report providing information on all investment types, costs, interest rates, maturity dates and current market value. M ITEM 6P The market value of securities fluctuates, depending on how interest rates perform. When interest rates decrease, the market value of the securities in the City's portfolio will likely increase and when the interest rates increase, the market value of the securities will likely decrease. The City's practice is to buy and hold investments until maturity so changes in the market price do not affect the City's investment principal. Short-term excess cash is primarily invested in the Local Agency Investment Fund (LAIF) administered by the State Treasurer. LAIF is a high quality investment available in terms of safety, liquidity and yield. The City's cash and investment portfolio is sufficiently liquid to meet expected expenditures for the coming six months. The majority of property tax revenues are received from the County in December and April. The vast majority of cash held by the City is deposited into the Local Agency Investment Fund and can be withdrawn at any time. There are eight petty cash funds totaling $3,300.00 currently being used by various departments. There are two change funds totaling $640.00; Water Billing $600.00 and Recreation $40.00. The total amount of Non Sufficient Funds (NSF) from customers for the 1st quarter reporting is $5,854.55 of which, $2,266.69 has been collected. The remaining balance of Non Sufficient Funds for the 15t quarter outstanding is $3,587.86. The market valuation is provided by FTN Main Street Capital Advisors and all of the investments are in compliance with California Government Code Sections 53600 et seq. and the City's investment policy. Reports prepared by FTN Main Street Capital Advisors are as follows: • Portfolio Summary • Investment Policy Compliance Report • Historical Earnings & Book Rate • Portfolio Summary - Management • Portfolio Details — Investments Report • Inventory by Maturity Report • Credit Rating Report • Interest Earnings Report • Accrued Interest Report • Cash Reconciliation Report • Monthly Economic & Market Update Report Fiscal Impact: The action recommended in this report will not have a fiscal impact on the City. CITY OF LYNWOOD QUARTERLY REPORT September 30, 2016 MASTER SUMMARY AVERAGE MARKET PERCENTAGE( %) DAYSTO DESCRIPTION VALUE PORTFOLIO MATURITY INVESTMENTS' 29,142,383.27 100% CERTIFICATE OF DEPOSIT/TIME DEPOSIT/ MONEY MARKET /CUSTODY HOLDINGS 3,559,766.81 CHECKING ACCOUNT 8,388,493.82 TOTALAVERAGES $ 11,948,260.63 TOTAL INVESTMENTS & AVERAGES $ 41,090,643.90 "Zmn Gabriela Camacho I certify that this report accurately reflects all pooled City Treasurer investment polity statements adopted by the City Council on August 15, 1995. Acopy of this policy is available at the office of the City Clerk. The Investment Program herein shown provides sufficient cash flow liquidy to meet 3 to 6 months estimated expenditures. 'See Report Prepared by Main Street Capital Advisors SEPTEMBER 2016 CITY OF LYNWOOD QUARTERLY REPORT 30- Sep -16 PORTFOLIO SUMMARY INVESTMENTS PAR VALUE Maturity Date MARKET VALUE Interest BOOK VALUE *Money Market Funds $ 115,126.14 $ 115,126.14 $ 115,126.14 LAIF $ 18,623,994.69 $ 18,623,994.69 $ 18,623,994.69 Corporate Notes $ 3,000,000.00 $ 3,015,425.00 $ 3,005,088.54 Federal Agency $ 1,000,000.00 $ 1,008,160.00 $ 999,727.80 Treasury Coupon Securities $ 1,000,000.00 $ 1,007,425.00 $ 994,923.15 Federal Agency - Callable $ 500,000.00 $ 499,300.00 $ 500,000.00 CD -FDIC $ 4,850,000.00 $ 4,872,952.44 $ 4,848,913.51 TOTAL $ 29,089,120.83 $ 29,142,383.27 $ 29,087,773.83 *Money Market Fund held at Goldman Sach Schedule of City Cash & Investments: This schedule provides information on the cash and investments managed by the City. Time Deposit /MM /Certificate of Deposit Balance Maturity Date Interest JP Morgan Chase (Section 108) $ 123,757.47 N/A $ 24.93 1P Morgan Chase - Money Market Account $ 1,859,198.10 N/A $ 374.54 1P Morgan Chase- Parking Enforcement $ 1,572,273.44 N/A $ 305.62 US Bank - City of Lynwood $ 4,537.80 N/A $ 0.04 TOTAL $ 3,559,766.81 $ 706.13 Corporate Checking Accounts Balance General Account $ 4,302,932.81 US Bank - City HCDA $ 33,454.79 US Bank- City Home Program $ 34,144.00 US Bank - Economic Development $ 11,585.25 US Bank - Housing Authority A $ 8,529.28 US Bank- Housing Authority B $ 18,000.09 US Bank - Lyn Tr. Center Unf Wrkr $ 2,791.24 US Bank - City of Lynwood $ 49,028.48 US Bank- RORF Successor Agency $ 1,244,493.24 US Bank- Taxable Tabs Housing Proj. $ 1,710,209.45 US Bank - US Dept. of HUD /Section 108 $ 170,048.96 US Bank- Lynwood Disaster Relief Fund $ 5,000.00 US Bank - Settlement Remittance Fund $ 738,109.23 US Bank- Housing Authority $ 60,167.00 TOTAL $ 8,388,493.82 SEPTEMBER 2016 CITY OF LYNWOOD QUARTERLY INVESTMENT REPORT September 30, 2016 Schedule of City Cash & Investments: This schedule provides information on the cash and investments managed by the City. Money Market /Certificate of Deposit (CD) 1P Morgan Chase - Section 108 MMA JP Morgan Chase - Money Market Account JP Morgan Chase- Parking Enforcement US Bank - City of Lynwood Total Demand Deposits General Account US Bank- Economic Development US Bank - Housing Authority A US Bank - Housing Authority B US Bank - City HCDA US Bank - City Home Program US Bank -Taxable Tabs US Bank - Lyn Tr. Center Unf Wrkr US Bank- Money Market Account US Bank - US Dept. of HUD /Section 108 US Bank - RORF Successor Agency US Bank - Lynwood Disaster Relief Fund US Bank - Settlement Remittance Fund US Bank - Housing Authority Total Quarterly Interest Credit Balance Interest F/Y to Date $ 123,757.47 $ $ 24.93 18,000.09 $ 24.93 $ $ 1,859,198.10 1,710,209.45 $ 374.54 $ $ 374.54 170,048.96 $ 1,572,273.44 $ $ 306.62 738,109.23 $ 306.62 $ $ 4,537.80 $ 0.04 $ 0.04 $ 3,559,766.81 $ 706.13 $ 706.13 5 4,302,932.81 $ 11,585.25 $ 8,529.28 $ 18,000.09 $ 33,454.79 $ 34,144.00 $ 1,710,209.45 $ 2,791.24 $ 49,028.48 $ 170,048.96 $ 1,244,493.24 $ 5,000.00 $ 738,109.23 $ 60,167.00 $ 8,388,493.82 Money Market Fund -A Money Market fund is a type of mutual fund that invest in short term debt securities of agenies of the U.S. Government, banks, corporations and U.S. Treasury Bills. Some advantages of a money market fund over savings and CDs are high liquidity, low risk, and competive yields. The City currently has a total of five MMA accounts within the City's investment portfolio. Certificate of Deposit - A Certificate of Deposit or CD, is a time deposit. They are similar to savings accounts in that they are insured and relatively risk free. They are different from savings accounts in that they usually are for a fixed term and a fixed interest rae. CDs are inteded to be held until maturity, at which time, the money may be withdrawn together with the accrued interest. The City currently has one CD within the City's investment portfolio Demand Deposits - Also known as "cash in the bank", this is the balance of the City's checking account with US Bank, from which virtually all obligations are paid. CITY OF LYNWOOD QUARTERLY REPORT September 30, 2016 LAIF Daily.51% - Quarterly.47% Interest Date Issuer Investment Balance Received Received State of California LAIF $ 18,623,994.69 $ 25,885.60 15- Jul -16 Local Agency Investment Fund (LAIR The Local Agency Investment Fund is managed by the State Treasurer's Office Investment Division through the Pooled Money Investment Account (PIMA). The LAIF allows cities, counties and special districts to place money in a major portfolio and to use the expertise of their Investment Division staff, with no additional cost to taxpayers. Participating agencies can withdraw their funds from the LAIF at anytime. The State Treasurer invests money safely and prudently while minimizing the service costs and maximizing the service costs and maximizing the investment yields. These investments help manage cash Flow and enhance financial security. The interest earned from the LAIF is distribued quarterly. (See Chart Below) Treason 0. Mortgages Agencies CDs/BNs Time Deposits Now Account 0 Commercial Paper Corporate Bond: C Loans 1d7% 0 0.2 0.4 0.6 0.8 1 Pooled Money Investment Account Portfolio Composition 68.3 Billion 9/30/2016 FEMBER 2016 46.06% 08% 4.09% 20.21% r 7.65% I00% I1I '0.74% 00% FEMBER 2016 Large Checks Issued 1st Quarter 8,039,869.64 Issuance Month Check # Issuance Jul -16 184424 LOS ANGELES COUNTY FIRE DEPARTMENT 184529 WATER REPLENISHMENT DISTRICT OF SOUTHERN 184586 MICHAEL R. KODAMA PLANNING CONSULTANTS 184650 WASTE RESOURCES, INC. Total 1 -Aug 184703 L.A. COUNTY SHERIFF DEPT. 184755 WATER REPLENISHMENT DISTRICT OF SOUTHERN 184772 ICRMA 184790 CAL -CITY CONSTRUCTION, INC. 184796 COPP CONTRACTING, INC. 184833 WASTE RESOURCES, INC. 184834 U.S. BANK TRUST 184871 GROUNDWATER PRODUCTION Total 1 -Sep 184925 CAL -CITY CONSTRUCTION, INC. 184948 LOS ANGELES COUNTY FIRE DEPARTMENT 185090 LOS ANGELES COUNTY FIRE DEPARTMENT 185107 L.A. COUNTY SHERIFF DEPT. 185154 WATER REPLENISHMENT DISTRICT OF SO. Total Amount of Check 484,697.57 101,118.73 112,969.29 104,784.72 803,570.31 796,195.96 105,425.99 827,234.00 789,738.63 293,958.63 141,334.08 973,977.95 109,181.40 4,037,046.64 172,537.57 1,002,899.97 1,014,974.46 884,299.68 124,541.01 3,199,252.69 CITY OF LYNWOOD QUARTERLY REPORT 30- Sep -16 BALANCES PER MONTH 2016 2015 Jan - Mar Apr -June July - Sept Oct - Dec Investments Managed by Main Street $ 30,055,778.58 $ 29,125,334.56 $ 29,142,383.27 $ 25,946,988.38 Cash & Investments $ 10,125,847.83 14,376,119.84 $ 11,948,260.63 $ 10,379,872.89 Per Treasurer's Reports $ 40,181,626.41 $ 43,501,454.40 $ 41,090,643.90 $ 36,326,861.27 BALANCES PER STATEMENT DEMAND DEPOSIT ACCOUNTS Accounts Jul -16 Balances per Statement Beginning Credits Debits Ending US Bank - General Account* $ 6,295,369.95 $ 3,214,324.76 $ 4,475,254.41 $ 5,034,440.30 *Local Agency Investment Fund $ 18,598,109.09 $ 25,885.60 $ - $ 18,623,994.69 US Bank - Economic Development $ 15,397.71 0.00 $ 15,397.71 US Bank - RORF - Successor Agency $ 1,662,536.44 $ - $ - $ 1,662,536.44 Accounts Aug -16 Balances per Statement Beginning Credits Debits Ending US Bank- General Account* $ 5,034,440.30 $ 4,219,554.16 $ 6,442,085.06 $ 2,811,909.40 *Local Agency Investment Fund $ 18,623,994.69 $ - $ - $ 18,623,994.69 US Bank- Economic Development $ 15,397.71 $ 5,393.49 $ 10,004.22 US Bank - RORF - Successor Agency $ 1,662,536.44 $ 8,290.18 $ 417,145.88 $ 1,253,680.74 Accounts Sep -16 Balances per Statement Beginning Credits Debits Ending US Bank - General Account $ 2,811,909.40 $ 6,588,866.50 $ 5,097,843.10 $ 4,302,932.80 *Local Agency Investment Fund $ 18,623,994.69 $ - $ - $ 18,623,994.69 US Bank - Economic Development $ 10,004.22 $ 1,581.03 $ 11,585.25 US Bank- RORF - SuccessorAgency $ 1,253,680.74 $ 9,187.50 $ 1,244,493.24 *Funds transferred from LAIF account to the general account to cover expenditures CITY OF LYNWOOD BOND REPORT 30- Sep -16 PURCHASE PAR MARKET TRUSTEE ACCOUNTS DATE VALUE VALUE Lynwood Utility Authority May -09 $9,755,000.00 3,622,628.58 Enterprise Refunding Revenue Bond, 2008 Series A BNY Trust Company Lynwood Untility Authority Nov -08 $5,732,000.00 573,554.70 Enterprise Revenue Bond 2009 Series A BNY Trust Company Lynwood Public Finance Authority Lease Revenue Bond, Civic Center Series 2010A Aug -10 $9,000,000.00 5,011,459.17 US Bank Corporate Trust Services Lynwood Redevelopment Agency Mar -11 $18,480,000.00 19,210,358.07 Tax Allocation Bonds, Series 2011, Series A Fiscal Agent Activities US Bank Corporate Trust Services Lynwood Redevelopment Agency Mar -11 $5,660,000.00 554,699.88 Tax Allocation Bonds, Series 2011, Series B Fiscal Agent Activities US Bank Corporate Trust Services Lynwood Public Financing Authority Aug -03 $8,630,000.00 1,192,651.39 Lease Revenue Refunding Bonds 2003 A US Bank Coporate Trust Services SEPTEMBER 2016 F2FTN FINANCIAL. Portfolio Summary MAIN .i'1 NI ^I `I A`IVIS()Nti 9/30/2016 City of Lynwood SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S) _.. 80% , 76.0% CD -FDIC 16.7% MMF V NF 64.0% Per Book Value_ ACCOUNT SUMMARY Market Value Book Value Variance Par Value Net Asset Value Purchase Yield Years to Maturity Effective Duration "Book Value is Amortized 9/30/16 $29,142,383 $29,087,774 $29,089,121 $100.188 0.89% 0.59 0.58 8/31/16 $29,126,801 $29,071,797 $100.195 0.89% 0.62 0.60 70% 60% 50% 40% 30% 20% 10% 0% 0-1y 1 -2Y 2 -3Y 34Y 4 -5Y Book Value MONTH -END PORTFOLIO BOOK YIELD 1.50% , 1.30% - 1.10% -A -Total tEx LAIF 0.90°% 0.70% � 1 -- • - 0.50% d -- - - -- - - - - -- - - - - 0.30% ; d d � O N m m O. m C = 0 D. O Z o� u- Q 2 < In Aaa 9.8% Aa3 0.9% Aa2 0.9% Aal 0.9% Al 3.4% A2 3.4% P -1 0.0% NR- FDIC.. 16.7% NR -LAIF 64.0% 0% 25% 50% 75% NR: Not Rated 0.9% _ _ __ _ _ TOP ISSUERS Issuer % Portfolio LAI F 64.0% FNMA 3.4% U.S. Treasury 3.4% FHLMC 1.7% PNC Bank 0.9% Honda 0.9% Branch Banking & Trust 0.9% John Deere 0.9% E u on 0.9% Pfizer 0.9% US Bank 0.9% Caterpillar 0.9% Wells Fargo 0.9% Toyota 0.9°% Apple 0.9% Per Book Value 3 FTN FINANCIAL. Investment Policy Compliance M„nwS.ixot'tAUVSOxs 9/30/2016 City Of Lynwood Item / Sector Parameters In Compliance Weighted Average Maturity Weighted Average Maturity (WAM) must be less than 3.0 years Yes: 0.59 Yrs Liquidity At least 30% of the portfolio must have maturities of 1 year or less Yes: 76.0% U.S. Treasuries No sector limit, no issuer limit, maximum maturity 5 years Yes: 3.4% U.S. Federal Agencies 50% sector limit, no issuer limit (FHLB, FFCB, FNMA, FHLMC), maximum maturity 5 years Yes: 5.2% Negotiable Certificates of Deposit 30% sector limit, issuer limit no greater than FDIC insured limit (currently $250,000), max maturity 5 years, Yes: 16.7% issued by national /state charter banks or savings and loan associations Non - Negotiable Time Deposits 25% sector limit, no issuer limit, issued by national /state charter banks or savings and loan associations, Yes: 0.0% collateralized according to State Code Commercial Paper 25% sector limit, 2% per issuer, maximum maturity 270 days, rated A -1 S &P or P -1 Moody's, issued by a o Yes: 0.0% domestic corporation w/ at least $500 million of assets and A (S &P) or A2 ( Moody's) long term debt LAIF No sector limit, issuer limit is $65 million Yes: $18.6 (Million) Corporate Medium Term Notes 30% sectors limit, 2% issuer limit (includes CP in aggregate), maximum maturity 5 years, rated at least A Yes: 10.3% by S &P or A2 by Moody's Money Market Mutual Funds Sector limit 20 %, issuer limit 10 %, Aaa (S &P) and AAA ( Moody's) Yes: 0.4% Supranational Debt Obligations 30% limit, 5% per issuer of US dollar- denominated senior unsecured unsubordinated obligations o Yes: 0.0% guaranteed by IBRD, IFC, and IABD. Max maturity 5 years, min rating by 2 NRSRO's of AA. Securities' market values are derived from the Entity's custodian. FTN FINANCIAL. Historical Earnings and Book Rate of Return Performance MAIN Srun -t Anvnues 9/30/2016 City of Lynwood $300 Fiscal Year -to -Date Earnings ■ FY 2013 $250 - oFY 2014 $200 - -- - er c ■ FY 2016 w $150 - O H $100 -- -- - -- - -- -- --- - - - - -- - - - - $50 $0 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Fiscal YTD ($000s) Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY 2013 $11.3 $23.2 $33.4 $54.7 $63.9 $72.7 $88.2 $98.6 $109.8 $125.3 $135.8 $145.8 FY 2014 $10.1 $24.6 $34.1 $51.3 $61.1 $70.7 $87.2 $96.6 $107.6 $123.5 $133.8 $144.8 FY 2015 $12.2 $25.2 $38.6 $60.4 $73.8 $87.6 $109.0 $122.3 $136.9 $159.5 $174.8 $190.5 FY 2016 $16.9 $34.0 $49.5 $78.2 $93.6 $109.5 $136.7 $154.3 $173.9 $205.9 $225.9 $245.5 FY 2017 $20.7 $42.0 $63.2 0.90 °% 0.85% 0.80% 0.75% 0.70% 0.65% 0.60% 0.55% 0.50 °% Jul Aug Sep Oct Book Rate of Return vs Benchmark Nov Dec Jan Feb Mar --4-Portfolio --21-- Benchmark Apr May Jun Fisca YT Jul Aug Se Oct Nov Dec Jan Feb Mar Apr May Jun Book Rate of Rtn 1 0.84% 1 0.85% 1 0.86% Custom Benchmark' 1 0.65% 1 0.67% 1 0.68% Variance 1 0.19% 1 0.18% 1 0.18% 'Benchmark: 60% tAIF's Monthly Distribution Rate and 24 Month Moving Average of 40% of the 1 -3 Year Agency Index 13 Lynwood - Portfolio Management Portfolio Management Portfolio Summary September 30, 2016 Investments Par Value Market Value Book Value %o7 Portfo0o Term Daysto Maturity Y7M 380 Equiv. Money Market Funds 115,128.14 115.12x.14 115,128.14 OAO 1 1 0285 LAIF 18.023,994.69 18.623.994.09 18,623,984.89 07.03 1 1 0.021 Corporate Noses 3.000,000.00 3.015.425.00 3.005.089.54 10.33 1,050 670 1.401 Federal Agency 1,600.000.00 1,008,160.00 999,727.80 3.44 1.431 400 1.301 Treasury Coupon SeeurRies 1.000,000.00 1,007.425.00 994,923.15 3A2 1.601 653 1.380 Federal Agency Callable 500.000.00 499.300.00 500,00O.Do 1.72 1.095 1.000 1.085 CD -FDIC 4,850,000.00 4.872952.44 4.848,913.51 16.07 1.078 550 1.318 29,089,120.83 29,142,38327 29,087,773.83 100.0036 412 215 0.881 Investments :m fi 0.290 0.930 IA82 1.320 1.409 1.100 1.336 0.893 Total Earnings September 30 Month Ending Fiscal Year To Date Current Year 21,208.36 63,249.48 Average Daily Balance 29,084,435.06 29,062,557.09 Effective Rate of Return 0.89% 0.86% 10 -12 -16 FTN Financial Main Street Advisors, Rick Phlfips Reporting period 09701/2016 -09,30 @016 Data Updated, SET PMM: 10/111201608,37 R. Dale: 101 L4016 -0837 Portfolio LYNN AP PM(PRF pMt)73.0 Report Vec7.3.5 16 Lynwood - Portfolio Management Portfolio LYNW Data Updated: SET _PMM: 10/11/2016 08:37 AP Run Date: 10/112016 -08:37 PM(PRF PM2)7.3.0 Report Vec 73.5 18 Portfolio Management Pagel Portfolio Details - Investments September 30, 2016 Average Purchase Stated YTM Maturity CUSIP Investment# Issuer Balance Dale Par Value Market Value Book Value Rate 365 Moody's S&P Date Money Market Funds 9000 10011 Goldman Bach Govt MMF 115,126.14 115,126.14 115,126.14 0.290 0.290 Aaa AAA Subtotal and Average 228,914.39 116,126.14 116,126.14 116,126.14 0.290 LAIF 9001 10000 LAIF 18,623,994.69 18,623,994.69 18,623,994.69 0.630 0.630 Subtotal and Average 18,623,994.69 18,623,994.69 18,623,994.69 18,623,994.69 0.630 Corporate Notes 037833CC2 10118 Apple 0810412016 250,000.00 249,567.50 249,663.50 1.550 1.579 Aal AA+ 08104/2021 07330NAL9 10117 Branch Banking 8 Trust 07/0512016 250,000.00 250,215.00 250,911.52 1.450 1.307 At A 05/10/2019 14912LSDB 10074 Caterpillar 08/20/2014 250,000.00 250,357.50 249,963.24 1.250 1.267 A2 A 08/1812017 166764AEO 10105 Chevron 01/1112016 250,000.00 252,202.50 249,611.95 1.718 1.810 Aa2 AA- 06124/2018 24422ERNI 10086 John Deere 12/29/2014 250,000.00 250,530.00 250,212.73 1.400 1.210 A2 A 03/15/2017 02665WAC5 10109 Honda 03/10/2016 250,000.00 254,475.00 251,938.12 2.125 1.732 At A+ 10/10/2018 717081DG5 10095 Pfizer 07/21/2015 250,000.00 251,487.50 250,04117 1.500 1.490 At AA 06115/2018 69353REV6 10119 PNC Bank 08/31/2016 250,000.00 253,190.00 252,873.26 1.950 1.466 A2 A 03104/2019 89233P7EO 10103 Toyota 12123/2015 250,000.00 250,475.00 249,836.52 1.375 1.427 Aa3 AA- 01110/2018 90331HMH3 10080 US Bank 09/12/2014 250,000.00 250,335.00 250,011.82 1.375 1.370 At AA- 09111/2017 94974BGSO 10078 Wells Fargo 09/09/2014 250,000.00 249,925.00 249,931.29 1.400 1.430 A2 A 09/08/2017 30231GAP7 10110 Egon 03/10/2016 250,000.00 252,665.00 250,093.42 1.708 1.692 Aaa AA+ 03101/2019 Subtotal and Average 3,005,189.08 3,000,000.00 3,016,425.00 3,005,088.54 1.482 Federal Agency 3137EADS5 10061 FHLMC 08/29/2013 500,000.00 500,085.00 499,979.60 0.875 0.990 Aaa AA+ 10114/2016 3135GOYT4 10067 FNMA 03/1212014 500,000.00 508,075.00 499,748.20 1.625 1.649 Aaa AA+ 11/2712018 Subtotal and Average 999,700.35 1,000,000.00 1,008,160.00 999,727.80 1.320 Treasury Coupon Securities 912828UA6 10066 U.S. Treasury 01/30/2014 500,000.00 499,610.00 497,183.66 0.625 1.121 Aaa AA+ 11/3012017 91282BC24 10068 U.S. Treasury 03124/2014 500,000.00 507,815.OD 497,739.49 1.500 1.696 Aaa AA+ 02/28/2019 Subtotal and Average 994,789.82 1,000,000.00 1,007,425.00 994,923.16 1.409 Federal Agency Callable 3136G3TB1 10114 FNMA 06/2812016 500,000.00 499,300.00 500,000.00 1.100 1.100 Aaa AA+ 06128/2019 Subtotal and Average 600,000.00 500,000.00 499,300.00 600,000.00 1.100 Portfolio LYNW Data Updated: SET _PMM: 10/11/2016 08:37 AP Run Date: 10/112016 -08:37 PM(PRF PM2)7.3.0 Report Vec 73.5 18 Lynwood - Portfolio Management CUSIP Investment# Average Issuer Balance Portfolio Management Portfolio Details - Investments September 30, 2016 Purchase Date Par Value Market Value Book Value Stated Rate YTM 365 Moodys Page 2 Maturity S&P Date CD -FDIC 20033AJLI 10083 Comenity, Capital Bank 11/28/2014 248,000.00 249,915.84 247,824.51 1.700 1.744 05/25/2018 02006LFB4 10071 Ally Bank 06/11/2014 248,000.00 247,701.35 248,000.00 1.100 1.100 06/1212017 02587DZM3 10090 American Express Centurion 07/01/2015 248,000.00 250,216.99 248,000.00 1.650 1.650 07/0212018 02587CCR9 10082 American Express Bk FSB 11113/2014 248,000.00 256,394.47 248,000.00 2.150 2.151 11/13/2019 06740KGZ4 10072 Barclays Bank 07/03/2014 245,000.00 244,699.39 244,909.02 1.150 1.200 07/03/2017 06426TF20 10120 Bank of China 09/21/2016 248,000.00 247,971.74 248,000.00 0.600 0.600 12/21/2016 20451PNKB 10097 Compass Bank 08/31/2015 248,000.00 248,613.77 248,000.00 1.500 1.500 03/01/2018 05573JSWO 10100 BMO Harris Bank 10/2112015 248,000.00 246,794.58 248,000.00 1.100 1.100 10/23/2017 06062QUN2 10121 Bank of Bamda 09/26/2016 248,000.00 247,969.71 248,000.00 0.600 0.600 12/27/2016 14042RAQ4 10098 Capital One NA 10/08/2015 248,000.00 251,261.69 247,756.41 1.650 1.700 10/09/2018 17284CBW3 10059 Cit Bank 04/17/2013 150,000.00 149,760.64 150,000.00 0.900 0.901 04/17/2017 140420RAO 10084 Capital One Bank 11/26/2014 248,000.00 248,214.46 248,000.00 1.050 1.051 11/28/2016 2546714QO 10075 Discover Bank 08/21/2014 245,000.00 248,033.98 244,777.18 1.750 1.802 08/20/2018 38148JQBO 10088 Goldman Sachs Bank 04/08/2015 248,000.00 247,700.86 248,000.00 1.200 1.207 04/0912018 40434AZ44 10116 HSBC 07108/2016 248,000.00 250,814.27 248,000.00 1.400 1.401 07/08/2020 B562a4Y73 10073 State Bank of India 08/01/2014 245,000.00 244,435.94 244,899.66 1.200 1.252 07/31/2017 795450PA7 10044 Sallie Mae Bank 08122/2012 245,000.00 245,674.38 245,000.00 1.700 1.701 08/22/2017 87165HNN6 10115 Synchrony Bank 06/29/2016 248,000.00 252,641.68 248,000.00 1.550 1.551 06/29/2021 9497483K1 10107 Wells Fargo Bank 02112/2016 248,000.00 247,246.34 248,000.00 1.150 1.152 02/1212018 98970T5Y8 10101 Mons First Nad Bank 11/03/2015 248,000.00 246,890.36 247,746.73 1.100 1.197 11/01/2017 Subtotal and Average 4,731,846.73 4,860,000.00 4,872,952.44 4,848,913.61 1.336 Total and Average 29,084,436.06 29,089,120.83 29,142,383.27 29,087,773.83 0.893 Portfolio LYNW Data Updated: SET _PMM: 10111/2016 08:37 AP Run Date: 10/112016 - OB:37 PM (PRF_PM2) 7.3.0 19 Lynwood - Maturity Report Inventory by Maturity Report September 30, 2016 Portfolio LYNW Data Updated: SET _MAT: 10111/2016 08:46 AP Run Date: 10/112016 -0846 IM(PRF IM)7.1.1 Report Ver. 7.3.5 20 Sec. Purchase Book Current Maturity Maturity Total Par YTM Daysto CUSIP Investment# Fund Type Issuer Date Value Rate Date Amount Days Value 360 366 Maturity 9001 10000 LYNL PA2 LAIF 0710112016 18,623,994.69 0.630 18,623,994.69 1 18,623,994.69 0.621 0.630 1 9000 10011 LYN PAI Goldman Sach Govt MMF 07/01/2016 115,126.14 0.290 115,126.14 1 115,126.14 0.286 0.290 1 3137EADSS 10061 LYN FAC FHLMC 08/29/2013 499,979.60 0.875 10/14/2016 500,000.00 1,142 500,000.00 0.976 0.990 13 140420RAO 10084 LYN MC2 Capital One Bank 11/26/2014 248,000.00 1.050 11/28/2016 248,000.00 733 248,000.00 1.037 1.051 58 06426TF20 10120 LYN MC2 Bank of China 09/2112016 248,000.00 0.600 12121/2016 248,000.00 91 248,000.00 0.592 0.600 81 06062QUN2 10121 LYN MC2 Bank of Beretta 09/26/2016 248,000.00 0.600 12/27/2016 248,000.00 92 248,000.00 0.592 0.600 87 24422ERN1 10086 LYN MTN John Deere 1212912014 250,212.73 1.400 03/15/2017 250,000.00 807 250,000.00 1.193 1.210 165 17284CBW3 10059 LYN MC2 Cit Bank 04/17/2013 150,000.00 0.900 04/17/2017 150,000.00 1,461 150,000.00 0.888 0.901 198 02005LFB4 10071 LYN MC2 Ally Bank 06111/2014 248,000.00 1.100 06/12/2017 248,000.00 1,097 248,000.00 1.085 1.100 254 06740KGZ4 10072 LYN MC2 Barclays Bank 07/03/2014 244,909.02 1.150 07103/2017 245,000.00 1,096 245,000.00 1.184 1.200 275 856284Y73 10073 LYN MC2 State Bank of India OB/01/2014 244,899.66 1.200 07131/2017 245,000.00 1,095 245,000.00 1.234 1.252 303 149121-6D8 10074 LYN MTN Caterpillar 08/20/2014 249,963.24 1.250 08/18/2017 250,000.00 1,094 250,000.00 1.250 1.267 321 795450PA7 10044 LYN MC2 Salllie Mae Bank 08/22/2012 245,000.00 1.700 08122/2017 245,000.00 1,826 245,000.00 1.678 1.701 325 94974BGBO 10078 LYN MTN Wells Fargo 09/09/2014 249,931.29 1.400 09/08/2017 250,000.00 1,095 250,000.00 1.411 1.430 342 90331HMH3 10080 LYN MTN US Bank 09/12/2014 250,011.82 1.375 09/11/2017 250,000.00 1,095 250,000.00 1.351 1.370 345 05573J5W0 10100 LYN MC2 BMO Harris Bank 10/21/2015 248,000.00 1.100 10/23/2017 248,000.00 733 248,000.00 1.085 1.100 387 98970T5Y8 10101 LYN MC2 Zions First Nat] Bank 11103/2015 247,746.73 1.100 11/01/2017 248,000.00 729 248,000.00 1.181 1.197 396 912828UA6 10066 LYN TRC U.S. Treasury 01130/2014 497,183.66 0.625 11/30/2017 500,000.00 1,400 500,000.00 1.106 1.121 425 89233P7EO 10103 LYN MTN Toyota 12/23/2015 249,836.52 1.375 01/10/2018 250,000.00 749 250,000.00 1.408 1.427 466 9497483K1 10107 LYN MC2 Wells Fargo Bank 02112/2016 248,000.00 1.150 0211212018 248,000.00 731 248,000.00 1.136 1.152 499 20451PNKS 10097 LYN MC2 Compass Bank 0813112015 248,000.00 1.500 03/01/2018 248,000.00 913 248,000.00 1.479 1.500 516 38148JOSO 10088 LYN MC2 Goldman Sachs Bank 04/08/2015 248,000.00 1.200 04109/2018 248,000.00 1,097 248,000.00 1.191 1.207 555 20033AJLI 10083 LYN MC2 Comenity Capital Bank 11/28/2014 247,824.51 1.700 05125/2018 248,000.00 1,274 248,000.00 1.720 1.744 601 717081DG5 10095 LYN MTN Pfizer 07/21/2015 250,041.17 1.500 06/15/2018 250,000.00 1,060 250,000.00 1.469 1.490 622 166764AEO 10105 LYN MTN Chevron 01111/2016 249,611.95 1.718 06124/2018 250,000.00 895 250,000.00 1.785 1.810 631 02587DZM3 10090 LYN MC2 American Express Centurion07 10112015 248,000.00 1.650 0710212018 248,000.00 1,097 248,000.00 1.627 1.650 639 254671400 10075 LYN MC2 Discover Bank 08/21/2014 244,777.18 1.750 08120/2018 245,000.00 1,460 245,000.00 1.777 1.802 688 14042RAQ4 10098 LYN MC2 Capital One NA 10108/2015 247,756.41 1.650 10109/2018 248,000.00 1,097 248,000.00 1.677 1.700 738 02665WAC5 10109 LYN MTN Honda 03/10/2016 251,938.12 2.125 10/10/2018 250,000.00 944 250,000.00 1.708 1.732 739 3135GOYT4 10067 LYN FAC FNMA 03112/2014 499,748.20 1.625 11127/2018 500,000.00 1,721 500,000.00 1.627 1.649 787 912828C24 10068 LYN TRC U.S. Treasury 03/2412014 497,739.49 1.500 02128/2019 500,000.00 1,802 500,000.00 1.673 1.696 880 3023IGAP7 10110 LYN MTN Exxon 03/10/2016 250,093.42 1.708 03/01/2019 250,000.00 1,086 250,000.00 1.669 1.692 8B1 69353REV6 10119 LYN MTN PNC Bank 06/31/2016 252,873.26 1.950 03/04/2019 250,000.00 915 25D,000.00 1.445 1.466 884 0733ONAL9 10117 LYN MTN Branch Banking & Trust 07/05/2016 250,911.52 1.450 05/10/2019 250,000.00 1,039 250,000.00 1.289 1.307 951 3136G3TB1 10114 LYN MCI FNMA 06/28/2016 500,000.00 1.100 06/28/2019 500,000.00 1,095 500,000.00 1.085 1.100 1,000 02587CCR9 10082 LYN MC2 American Express Bk FSB 11113/2014 248,000.00 2.150 11113/2019 248,000.00 1,826 248,000.00 2,122 2.151 1,138 Portfolio LYNW Data Updated: SET _MAT: 10111/2016 08:46 AP Run Date: 10/112016 -0846 IM(PRF IM)7.1.1 Report Ver. 7.3.5 20 Lynwood - Maturity Report Inventory by Maturity Report Page 2 Net Maturities and Average 29,087,773.83 Data Updated: SET _MAT: 10/11/2016 08:46 Run Dare: 70/112016 - 0846 29,089,120.83 29,089,120.83 0.881 0.893 215 Portfolio LYNW AP IM(PRF IM)7.1.1 Report Ver. 7.3.5 21 Sec. Purchase Book Cement Maturity Maturity Total Par YTM Daysto CUSIP Investment# Fund Type Issuer Date Value Rate Date Amount Days Value 360 366 Maturity 4D434AZ44 10116 LYN MC2 HSBC 07/08/2016 248,000.00 1.400 07/08/2020 248,000.00 1,461 248,000.00 1.382 1.401 1,376 87165HNN6 10115 LYN MC2 Synchrony Bank 06/29/2016 248,000.00 1.550 06/29/2021 248,000.00 1,826 246,000.00 1.530 1.551 1,732 037833CC2 10118 LYN MTN Apple 08/04/2016 249,663.50 1.550 08/04/2021 250,000.00 1,826 250,000.00 1.557 1.579 1,768 Subtotal and Average 29,087,773.83 29,089,120.83 29,089,120.83 0.881 0.893 216 Net Maturities and Average 29,087,773.83 Data Updated: SET _MAT: 10/11/2016 08:46 Run Dare: 70/112016 - 0846 29,089,120.83 29,089,120.83 0.881 0.893 215 Portfolio LYNW AP IM(PRF IM)7.1.1 Report Ver. 7.3.5 21 Lynwood - Credit Rating Credit Rating Report September 30, 2016 Sorted by Moody's - Investment Number Investment# Issuer Security # Purchase Principal Book Value Market Value Moody's Rating S &P Rating Purchase Date Maturity Date Days To Maturity Stated Rate YTM %of Total 10011 GSGF 9000 115,126.14 115,126.14 115,125.14 Aaa AAA 07/01/2016 1 0.290 0.290 0.40 10061 FHLMC 3137EADS5 498,235.00 499,979.60 500,085.00 Aaa AA+ 08/29/2013 10/14/2016 13 0.875 0.990 1.72 10066 USTR 912828UA6 490,722.66 497,183.66 499,610.00 Aaa AA+ 01/30/2014 11/30/2017 425 0.625 1.121 1.71 10067 FNMA 3135GOYT4 499,450.00 499,748.20 508,075.00 Aaa AA+ 03/1212014 11127/2018 787 1.625 1.649 1.72 10068 USTR 912828C24 495,371.09 497,739.49 507,815.00 Aaa AA+ 03124/2014 02128/2019 880 1.500 1.696 1.71 10110 XOM 30231GAP7 250,115.00 250,093.42 252,665.00 Aaa AA+ 03/10/2016 03101/2019 881 1.708 1.692 0.86 10114 FNMA 3136G3TB1 500,000.0D 500,000.00 499,300.00 Aaa AA- 06/28/2016 06/2812019 1,000 1.100 1.100 1.72 SubTotal for Aaa 2,849,019.89 2,859,870.51 2,882,676.14 619 1.160 1.303 9.84 10118 AAPL 037833CC2 249,652.50 249,663.50 249,567.50 Aal AA+ 08/04/2016 08/04/2021 1,768 1.550 1.579 0.86 SubTotal for Aal 249,662.50 249,663.60 249,567.50 1768 1.650 1.579 0.86 10105 CVX 166764AEO 249,450.00 249,611.95 252,202.50 Aa2 AA- 01/11/2016 06/24/2018 631 1.718 1.810 0.86 SubTotal for Aa2 249,450.00 249,611.95 262,202.60 631 1.718 1.810 0.86 10103 TOY 89233P7EO 249,737.50 249,836.52 250,475.00 Aa3 AA- 12/23/2015 01110/2018 466 1.375 1.427 0.86 SubTotal forAa3 249,737.50 249,836.62 250,475.00 466 1.375 1.427 0.86 10080 USB 90331HMH3 250,037.50 250,011.82 250,335.00 Al AA- 09/12/2014 09/11/2017 345 1.375 1.370 0.86 10095 PFE 717081 DG5 250,070.0D 250,041.17 251,487.50 Al AA 07/2112015 06/15/2018 622 1.500 1.490 0.86 10109 HNDA 02665WAC5 252,472.50 251,938.12 254,475.00 Al A+ 03/10/2016 10/10/2018 739 2.125 1.732 0.87 10117 BST 07330NAL9 250,995.00 250,911.52 250,215.00 Al A 07105/2016 05/10/2019 951 1.450 1.307 0.86 SubTotal for Al 1,003,575.00 1,002,902.63 1,006,512.60 665 1.613 1.476 3.45 10074 CAT 14912L6D8 249,875.00 249,963.24 250,357.50 A2 A 08/20/2014 08/18/2017 321 1.250 1.267 0.86 10078 WF 94974BGBO 249,780.00 249,931.29 249,925.00 A2 A 09/0912014 09/08/2017 342 1.400 1.430 0.86 10086 DE 24422ERN1 251,032.50 250,212.73 250,530.00 A2 A 12/29/2014 03/15/2017 165 1.400 1.210 0.86 10119 PNC 69353REV6 252,972.00 252,87316 253,190.00 A2 A 08/3112016 03/04/2019 884 1.950 1.466 0.87 SubTotal for A2 1,003,659.50 1,002,980.52 1,004,002.60 429 1.601 1.343 3.45 10000 LAW 90D1 18,623,994.69 18,623,994.69 18,623,994.69 None None 07/01/2016 1 0.630 0.630 64.03 10044 SLMA 795450PA7 245,000.00 245,000.00 245,674.38 None None 00/22/2012 08/2212017 325 1.700 1.701 0.84 10059 CITBAK 17284CBW3 150,000.00 150,000.00 149,760.64 None None 0411712013 04/17/2017 198 0.900 0.901 0.52 10071 ALLY 02006LFB4 248,000.00 248,000.00 247,701.35 None None 0611112014 06/12/2017 254 1.100 1.100 0.85 10072 BACR 06740KGZ4 244,637.40 244,909.02 244,699.39 None None 07/03/2014 0710312017 275 1.150 1.200 0.84 10073 SBIIN 856284Y73 244,637.40 244,899.66 244,435.94 None None 08101/2014 07/31/2017 303 1.200 1.252 0.84 10075 DISC 254671400 244,527.15 244,777.18 248,033.98 None None 08/21/2014 08/20/2018 688 1.750 1.802 0.84 Portfolio LYNW Data Updated: SET _CRE: 10/11/2016 08:48 AP Run Date: 10 /11/2016 -08:49 CR(PRF CR)7.2.0 Report Ver. 7.3.5 22 Lynwood - Credit Rating Credit Rating Report Page 2 Sorted by Moody's - Investment Number Data Updated: SET _CRE: 10/11/2016 08:48 Run Date: 10/112016 -08:49 Portfolio LYNW AP CR (PRF_CR) 7.2.0 Repel Ver. 7.3.5 23 Purchase Book Market Moody's S&P Purchase Maturity Days To Stated % of Investment# Issuer Security# Principal Value Value Rating Rating Date Dale Maturity Rate YTNt Total 10082 AXPFSB 02587CCR9 248,000.00 248,000.00 256,394.47 None None 11/13/2014 11/13/2019 1,138 2.150 2.151 0.85 10083 ADS 20033AJL1 247,628.00 247,824.51 249,915.84 None None 11128/2014 05/25/2018 601 1.700 1.744 0.85 10084 COF 140420RAO 248,000.00 248,000.00 248,214.46 None None 11126/2014 11/2812016 58 1.050 1.051 0.85 10088 GOLD 38148JQBO 248,000.00 248,000.00 247,700.86 None None 04108/2015 04/09/2018 555 1.200 1.207 0.85 10090 AXP 02587DZM3 248,000.00 248,000.00 250,216.99 None None 07/01/2015 07/02/2018 639 1.65D 1.650 0.85 10097 BCOMPS 20451PNKB 248,000.00 248,000.00 248,613.77 None None 08/31/2015 03/0112018 516 1.500 1.500 0.85 10098 CAPINA 14042RAQ4 247,637.92 247,756.41 251,261.69 None None 10108/2015 10/0912018 738 1.650 1.700 0.85 - 10'loo BMO 05573J5W0 248,000.00 248,000.00 246,794.58 None None 10/21/2015 10123/2017 387 1.100 1.100 0.85 10101 ZIONSB 98970T5Y8 247,533.76 247,746.73 246,890.36 None None 11103/2015 11/01/2017 396 1.100 1.197 0.85 10107 WFB 9497483K1 248,000.00 248,000.00 247,246.34 None None 02/12/2016 0211212018 499 1.150 1.152 0.85 10115 SYF 87165HNNG 248,000.00 248,000.00 252,641.68 None None 06/2912016 06/29/2021 1,732 1.550 1.551 0.85 10116 HSBC 40434AZ44 248,000.00 248,000.00 250,814.27 None None 07/08/2016 07/08/2020 1,376 1.400 1.401 0.85 10120 BCHINA 06426TF20 248,000.00 248,000.00 247,971.74 None None 09/21/2016 12/21/2016 81 0.600 0.600 0.85 10121 BOBIN 06062QUN2 248,000.00 248,000.00 247,969.71 None None 09/26/2016 12/27/2016 87 0.600 0.600 0.85 SubTotal for No Specified Rating 23,471,696.32 23,472,908.20 23,496,947.13 114 0.772 0.776 80.66 Data Updated: SET _CRE: 10/11/2016 08:48 Run Date: 10/112016 -08:49 Portfolio LYNW AP CR (PRF_CR) 7.2.0 Repel Ver. 7.3.5 23 Lynwood - Interest Reports Interest Earnings Sorted by Fund - Fund September 1, 2016 - September 30, 2016 Yield on Beginning Book Value CUSIP Investment# Fund Security Type Ending Par Value Beginning Book Value Ending Book Value Maturity Date CumentAnnualized Rate Yield Interest Earned Adjusted Interest Earnings Amortization/ Adjusted Interest Accretion Earnings Fund: Lynwood 3136G3TB1 10114 LYN MC1 500,000.00 500,000.00 500,000.OD 06/28/2019 1.100 1.115 458.33 0.00 458.33 3135GOYT4 10067 LYN FAC 500,000.00 499,738.47 499,748.20 1112712018 1.625 1.672 677.08 9.73 686.81 3137EADS5 10061 LYN FAC 500,000.00 499,932.54 499,979.60 10/14/2016 0.875 1.002 364.58 47.06 411.64 795450PA7 10044 LYN MC2 245,000.00 245,000.00 245,000.00 08122/2017 1.700 1.700 342.33 0.00 342.33 912828C24 10088 LYN TRC 500,000.00 497,662.43 497,739.49 02128/2019 1.500 1.708 621.55 77.06 698.61 912828UA6 10066 LYN TRC 500,000.00 496,984.86 497,183.6611/30 /2017 0.625 1.114 256.14 198.80 454.94 900D 10011 LYN PAt 115,126.14 100,801.86 115,126.14 0.290 0.668 55.37 0.00 55.37 38148JQBO 10088 LYN MC2 248,000.00 248,000.00 248,000.00 04/09/2018 1.200 1.197 243.93 0.00 243.93 94974BGBO 10078 LYN MTN 250,000.00 249,925.17 249,931.29 09/08/2017 1.400 1.450 291.67 6.12 297.79 2546714QO 10075 LYN MC2 245,000.00 244,767.46 244,777.18 08/2012018 1.750 1.800 352.39 9.72 362.11 02006LFB4 10071 LYN MC2 248,000.00 248,000.00 248,000.00 06/12/2017 1.100 1.100 224.22 0.00 224.22 06426TF20 10120 LYN MC2 248,000.00 0.00 248,000.0012/21 /2016 0.600 0.600 40.77 0.00 40.77 29976DNQ9 10050 LYN MC2 0.00 245,000.00 0.00 09/14/2016 0.900 0.900 78.53 0.00 78.53 02587DZM3 10090 LYN MC2 248,000.00 248,000.00 248,000.00 07/02/2018 1.650 1.637 333.59 0.00 333.59 17284CBW3 10059 LYN MC2 150,000.00 150,000.00 150,000.00 04/17/2017 0.900 0.900 110.96 0.00 110.96 06062QUN2 10121 LYN MC2 248,000.00 0.00 248,000.0012/2712016 0.600 0.600 20.38 0.00 20.38 06740KGZ4 10072 LYN MC2 245,000.00 244,899.09 244,909.02 07/0312017 1.150 1.200 231.57 9.93 241.50 856284Y73 10073 LYN MC2 245,000.00 244,889.73 244,899.66 07/31/2017 1.200 1.250 241.64 9.93 251.57 1491216/38 10074 LYN MTN 250,000.00 249,959.76 249,963.24 08118/2017 1.250 1.284 260.41 3.48 263.89 700654AUD 10079 LYN MC2 0.00 247,996.93 0.00 09/1912016 0.900 0.925 110.08 3.07 113.15 90331HMH3 10080 LYN MTN 250,000.00 250,012.86 250,011.82 0911112017 1.375 1.389 286.46 -1.04 285.42 02587CCR9 10082 LYN MC2 248,000.00 248,000.00 248,000.0011/13 /2019 2.150 2.150 438.24 0.00 438.24 20033AJL1 10083 LYN MC2 248,000.00 247,815.75 247,824.51 05/25/2018 1.700 1.744 346.52 8.76 355.28 140420RAO 10084 LYN MC2 248,000.00 246,000.00 248,000.0011/28 /2016 1.050 1.050 214.03 0.00 214.03 24422ERN1 10086 LYN MTN 250,000.00 250,251.64 250,212.73 03/15/2017 1.400 1.229 291.67 -38.91 252.76 89233P7EO 10103 LYN MTN 250,000.00 249,825.83 249,836.52 01/10/2018 1.375 1.447 286.46 10.69 297.15 717081DG5 10095 LYN MTN 250,000.00 250,043.18 250,041.17 06/1512018 1.500 1.511 312.50 -2.01 310.49 20451PNK8 10097 LYN MC2 248,000.00 248,000.00 248,000.00 03/01/2018 1.500 1.512 308.29 0.00 308.29 14042RAQ4 10098 LYN MC2 248,000.00 247,746.51 247,756.41 10/09/2018 1.650 1.696 335.41 9.90 345.31 05573J5WO 10100 LYN MC2 248,000.00 248,000.00 248,000.00 10123/2017 1.100 1.097 223.61 0.00 223.61 Data Updated: SET _INT: 10/11/2016 08:47 Run Date: 10/112016 - 08:47 Portfolio LYNW AP IE(PRF IE)7.2.0 Report Ver. 7.3.5 Pil Lynwood - Interest Reports Portfolio LYNW Data Updated: SET _INT: 10/1112016 08:47 AP Run Dale: 10/IW016 -08:47 IE(PRF IE) 72.0 Repon Ver. 7.3.5 28 Interest Earnings Page 2 September 1, 2016 - September 30, 2016 Adjusted Interest Earnings Security Ending Beginning Ending Maturity CurtentAnnualized Interest Amortizatlonl Adjusted Interest CUSIP Investment Fund Type Par Value Book Value Book Value Date Rate Yield Earned Accretion Earnings Fund: Lynwood 98970T5YB 10101 LYN MC2 248,000.00 247,727.55 247,746.73 11/01/2017 1.100 1.195 224.22 19.18 243.40 166764AEO 10105 LYN MTN 250,000.00 249,593.26 249,611.95 06/24/2018 1.718 1.836 357.91 18.69 376.60 9497483K1 10107 LYN MC2 248,000.00 248,000.00 248,000.00 02/12/2018 1.150 1.150 234.41 0.00 234.41 02665WAC5 10109 LYN MTN 250,000.00 252,017.88 251,93B.1210/10 /2018 2.125 1.752 442.71 -79.76 362.95 30231 GAP7 10110 LYN MTN 250,000.00 250,096.64 250,093.42 03/01/2019 1.708 1.715 355.83 -3.22 352.61 87165HNN6 10115 LYN MC2 248,000.00 248,000.00 248,000.00 06/29/2021 1.550 1.550 315.94 0.00 315.94 40434AZ44 10116 LYN MC2 248,000.00 248,000.00 248,000.00 07/08/2020 1.400 1.400 285.37 0.00 285.37 07330NAL9 10117 LYN MTN 250,000.00 250,940.64 250,911.52 05110/2019 1.450 1.323 302.08 -29.12 272.96 037833CC2 10118 LYN MTN 250,000.00 249,657.71 249,663.50 08/04/2021 1.550 1.602 322.91 5.79 328.70 69353REV6 10119 LYN MTN 250,000.00 252,972.00 252,873.26 03/04/2019 1.950 1.479 406.26 -98.74 307.52 Subtotal 10,465,126.14 10,446,259.75 10,463,779.14 1.390 11,606.36 195.11 11,801.46 Fund: Lynwood LAIF 9001 10000 LYNL PA2 18,623,994.69 18,623,994.69 18,623,994.69 0.630 0.615 9,406.90 0.00 9,406.90 Subtotal 18,623,994.69 18,623,994.69 18,623,994.69 0.616 9,406.90 0.00 9,406.90 Total 29,089,120.83 29,070,254.44 29,087,773.83 0.891 21,013.26 195.11 21,208.36 Portfolio LYNW Data Updated: SET _INT: 10/1112016 08:47 AP Run Dale: 10/IW016 -08:47 IE(PRF IE) 72.0 Repon Ver. 7.3.5 28 Lynwood - Interest Reports Accrued Interest Sorted by Fund - Fund September 1, 2016 - September 30, 2016 ' Beginning Accrued may not include investments that redeemed in the previous month that had outstanding accrued interest. Data Updated: SET _INT: 10/11/2016 08:47 Run Date- 10/112016 -08:47 Portfolio LYNW AP Al (PRFfI) 7.2.8 Report Ver. 7.3.5 29 Adjusted Acc'd Int. Security Par Maturity Current ' Beginning at Purchase Interest Interest ' Ending CUSIP Investment# Type Value - -- Date - Rate - Accrued Interest During Period Earned Received Accrued Interest Lynwood 9000 10011 PA1 115,126.14 0.29D 30.04 0.00 55.37 30.04 55.37 037833CC2 1011B MTN 250,000.00 08104/2021 1.550 290.63 0.00 322.91 0.00 613.54 07330NAL9 10117 MTN 250,000.00 05/1012019 1.450 563.89 0.00 302.08 0.00 865.97 14912L6D8 10074 MTN 250,000.00 08/18/2017 1.250 112.85 0.00 260.41 0.00 373.26 166764AEO 10105 MTN 250,000.00 06124/2018 1.718 799.35 D.00 357.91 0.00 1,157.26 24422ERNI 10086 MTN 250,000.00 0311512017 1.400 1,613.89 0.00 291.67 1,750.00 155.56 02665WAC5 10109 MTN 250,000.00 10/10/2018 2.125 2,080.73 0.00 442.71 0.00 2,523.44 7170BIDG5 10095 MTN 250,000.00 06/1512018 1.500 791.67 0.00 312.50 0.00 1,104.17 69353REV6 10119 MTN 250,000.00 03104/2019 1.950 -0.01 0.00 406.26 40.62 365.63 89233P7ED 10103 MTN 250,000.00 01110/2018 1.375 486.98 0.00 286.46 0.00 773.44 90331HMH3 10080 MTN 250,000.00 09/11/2017 1.375 1,623.26 0.00 286.46 1,718.75 190.97 94974BGBD 10078 MTN 250,000.00 09108/2017 1.400 1,681.94 0.00 291.67 1,750.00 223.61 30231GAP7 10110 MTN 250,000.00 03101/2019 1.708 2,028.25 0.00 355.83 2,028.25 355.83 3137EADS5 10061 FAC 500,000.00 10114/2016 0.875 1,664.93 0.00 364.56 0.00 2,029.51 3135GDYT4 10067 FAC 500,000.00 11/27/2018 1.625 2,121.53 0.00 677.08 0.00 2,798.61 912828UA6 10066 TRC 500,000.00 11/30/2017 0.625 794.06 0.00 256.14 0.00 1,050.20 912828C24 10068 TRC 500,000.00 02/28/2019 1.500 20.72 0.00 621.55 0.00 642.27 3136G3T81 10114 MCI 500,000.00 06/28/2019 1.100 962.50 0.00 458.33 0.00 1,420.83 20033AJL1 10083 MC2 248,000.00 05/25/2018 1.700 69.32 0.00 346.52 358.07 57.77 02006LFB4 10071 MC2 248,000.00 06/12/2017 1.100 612.86 0.00 224.22 0.00 837.08 02587DZM3 10090 MC2 248,000.00 07/0212018 1.650 678.20 0.00 333.59 0.00 1,011.79 02587CCR9 10082 MC2 248,000.00 11/13/2019 2.150 1,621.51 0.00 438.24 0.00 2,059.75 06740KGZ4 10072 MC2 245,000.00 07/03/2017 1.150 470.87 0.00 231.57 0.00 702.44 06426TF20 10120 MC2 248,000.00 12/21/2016 0.600 0.00 0.00 40.77 0.00 40.77 20451PNK8 10097 MC2 248,000.00 03/01/2018 1.500 1,865.01 0.00 308.29 1,875.29 298.01 05573J5W0 10100 MC2 248,000.00 10/23/2017 1.100 987.58 0.00 223.61 0.00 1,211.19 060620UN2 10121 MC2 248,000.00 12/27/2016 0.600 0.00 0.00 20.38 0.00 20.38 14042RA04 10098 MC2 248,000.00 10109/2018 1.650 1,637.90 0.00 335.41 0.00 1,973.31 17284CBW3 10059 MC2 150,000.00 04/17/2017 0.900 506.71 0.00 110.96 0.00 617.67 140420RAO 10084 MC2 248,000.00 11/28/2016 1.050 699.16 0.00 214.03 0.00 913.19 2546714QO 10075 MC2 245,000.00 08/20/2018 1.750 140.96 0.00 352.39 0.00 493.35 29976DNQ9 10050 MC2 0.00 09/14/2016 0.900 1,033.03 0.00 78.53 1,111.56 0.00 38148JQBO 10088 MC2 248,000.00 04/09/2018 1.200 1,178.99 0.00 243.93 0.00 1,422.92 40434AZ44 10116 MC2 248,000.00 07108/2020 1.400 523.18 0.00 285.37 0.00 808.55 700654AUO 10079 MC2 0.00 09/19/2016 0.900 79.47 0.00 110.08 189.57 -0.02 ' Beginning Accrued may not include investments that redeemed in the previous month that had outstanding accrued interest. Data Updated: SET _INT: 10/11/2016 08:47 Run Date- 10/112016 -08:47 Portfolio LYNW AP Al (PRFfI) 7.2.8 Report Ver. 7.3.5 29 Lynwood - Interest Reports Accrued Interest Sorted by Fund - Fund Page 2 Lynwood LAW 9001 1000D PA2 18,623,994.69 0.630 51,995.69 0.00 9,406.90 Adjusted Ace'd Int. Subtotal 18,623,994.69 61,995.69 0.00 9,406.90 0.00 61,402.59 Total 29,089,120.83 Security Par Maturity Current ' Beginning at Purchase Interest Interest ' Ending CUSIP Investment# Type Value Date Rate Accrued Interest During Period Earned -- Received Accrued Interest Lynwood 856284Y73 10073 MC2 245,000.00 07/31/2017 1.200 273.87 0.00 241.64 0.00 515.51 795450PA7 10044 MC2 245,000.00 08/22/2017 1.700 114.11 0.00 342.33 0.00 456.44 87165HNN6 10115 MC2 248,000.00 06/29/2021 1.550 674.02 0.00 315.94 0.00 989.96 9497483KI 10107 MC2 248,000.00 0211212018 1.150 156.29 0.00 234.41 242.22 148.48 98970T5Y8 10101 MC2 248,000.00 11/01/2017 1.100 919.29 0.00 224.22 0.00 1,143.51 Subtotal 10,465,126.14 31,909.64 0.00 11,606.36 11,094.37 32,421.52 Lynwood LAW 9001 1000D PA2 18,623,994.69 0.630 51,995.69 0.00 9,406.90 0.00 61,402.59 Subtotal 18,623,994.69 61,995.69 0.00 9,406.90 0.00 61,402.59 Total 29,089,120.83 83,905.23 0.00 21,013.26 11,094.37 93,824.11 . Beginning Accrued may not include investments that redeemed in the previous month that had outstanding accrued interest. Data Updated: SET_INT: 10/11/2016 08:47 Run Data: 1011V2016-08:47 Portfolio LYNW AP Al (PRF_AI) 7.2.8 Report Ver. 7.3.5 30 City of Lynwood Cash Reconciliation Report For the Period September 1, 2016 - September 30, 2016 Trans. Trans. Par Maturity Date Investment Fund Type Security ID Value Security Description Date Purchases Interest Redemptions Cash 09101/201610097 LYN Interest 20451PNKS 248,000.00 BCOMPS 0.2M 1.50% Mat. 03101/2018 0.00 1,875.29 0.00 1,875.29 09/011201610110 LYN Interest 30231GAP7 250,000.00 XOM 0.3M 1.71% Mat. 0310112019 03/01/2019 non 2,111.28 0.00 2,111.28 09/01/2016 10011 LYN Deposit 9000 591,708.94 GSGF 0.6M 0.29% - 3,986.57 0.00 0.00 . 3,986.57 09/01/2016 10011 LYN Deposit 9000 591,708.94 GSGF OAM 0.29% - 3,750.00 0.00 0.00 - 3,750.00 09/02/2016 10011 LYN Interest 9000 591,708.94 GSGF 0.6M 0.01% 0.00 30.04 0.00 30.04 09/02/2016 10011 LYN Interest 9000 591,708.94 GSGF 0.6M 0.01% -30.04 0.00 0.00 -30.04 09/06/2016 10119 LYN Interest 69353REV6 250,000.00 PNC 0.3M 1.95% Mat 03/0412019 03/04/2019 0.00 2,437.50 0.00 2,437.50 09/06/2016 10011 LYN Deposit 9000 591,708.94 GSGF OAM 0.29% - 2,437.50 0.00 0.00 - 2,437.50 09/08/2016 10078 LYN Interest 94974BGB0 250,000.00 WF 0.3M 1.40% Mat. 09/06/2017 09/08/2017 0.00 1,750.00 0.00 1,750.00 09/08/2016 10011 LYN Deposit 9000 591,708.94 GSGF 0.6M 0.29% - 1,750.00 0.00 0.00 - 1,750.00 09/121201610080 LYN Interest 90331HMH3 250,000.00 USB 0.3M 1.38% Mat 09/11/2017 09/11/2017 0.00 1,718.75 0.00 1,718.75 09/12/2016 10107 LYN Interest 9497483K1 248,000.00 WFB 0.2M 1.15% Mat 02 /12/2018 02/12/2018 0.00 242.22 0.00 242.22 09/1212016 10011 LYN Deposit 9000 591,708.94 GSGF 0.6M 0.29% - 1,960.97 0.00 0.00 - 1,960.97 09114/201610050 LYN Interest 29976DNO9 245,000.00 FIRALL 0.2M 0.90% Mat 091141201609/14 /2016 0.00 1,111.56 0.00 1,111.56 09/14/201610050 LYN Maturity 29976DNO9 245,000.00 FIRALL 0.2M 0.90% Mat. 09/141201609/14/2016 0.00 0.00 245,000.00 245,000.00 09114/201610011 LYN Deposit 9000 591,708.94 GSGF 0.6M 0.29% - 246,111.56 0.00 0.00 - 246,111.56 09/15/2016 10086 LYN Interest 24422ERN1 250,000.00 DE 0.3M 1.40% Mat. 03/15/2017 03/15/2017 0.00 1,750.00 0.00 1,750.00 09/15/2016 10011 LYN Deposit 9000 591,708.94 GSGF 0.6M 0.29% - 1,750.00 0.00 0.00 - 1,750.00 09/19/201610079 LYN Interest 700654AU0 248,000.00 PRK 0.2M 0.90% Mat. 09 /19/2016 09/19/2016 0.00 189.57 0.00 189.57 09/191201610079 LYN Maturity 700654AU0 248,000.00 PRK 0.2M 0.90% Mat 09 /19/2016 09/19/2016 0.00 0.00 248,000.00 248,000.00 09/19/201610011 LYN Deposit 9000 591,706.94 GSGF 0.6M 0.29% - 248,189.57 0.00 0.00 - 248,189.57 09/21/201610120 LYN Purchase 06426TF20 248,000.00 BCHINA 0.2M 0.60% Mat 12/21/2016 - 248,000.00 0.00 0.00 - 248,000.00 09/21/201610011 LYN Withdrawal 9000 591,708.94 GSGF 0.6M 0.29% 0.00 0.00 248,000.00 248,000.00 09/26/2016 10083 LYN Interest 20033AJL1 248,000.00 ADS 0.2M 1.70% Mat 05/25/2018 05/25/2018 0.00 358.07 0.00 358.07 09/26/2016 10121 LYN Purchase 06062OUN2 248,000.00 BOBIN 0.2M 0.60% Mat. 12/27/201612/27 /2016 - 248,000.00 0.00 0.00 - 248,000.00 09/26/2016 10011 LYN Wthdrawal 9000 591,708.94 GSGF 0.6M 0.29% 0.00 0.00 247,641.93 247,641.93 Run Data 10/112016 - 08:52 Subtotal - 1,005,966.21 13,574.28 988,641.93 . 3,760.00 Total - 1,005,966.21 13,674.28 988,641.93 . 3,760.00 Portfolio LYNW AP AC (PRF_AC) 7.2.0 Report Ver. 7.3.5 32 ro FTN FINANCIAL. Economic and Market Update MmN STREET ADVISORS 9/30/2016 w.. ✓r „, x.....d�w..en....., Item 9/30/2016 6/30/2016 Change U.S. Payrolls Monthly Change 156,000 271,000 - 115,000 Unemployment Rate 5.0% 4.9% 0.1% Labor Force Participation 62.9% 62.7% 0.2% Effective Fed Funds Rate 0.29% 0.30% -0.01% Next Fed Funds Hike" Apr 2017 Jul 2018 -15 Months 3 Month T -Bill 0.276% 0.261% 0.015% 2 Year T -Note 0.764% 0.584% 0.180% 3 Year T -Note 0.876% 0.694% 0.182% 5 Year T -Note 1.150% 1.000% 0.150% 10 Year T -Note 1.595% 1.471% 0.124% U.S. Fed Debt Avg Yield` 2.040% 2.029% 0.011% 30 Year Mortgage Rate 3.34% 3.530% -0.19% 1 -5 Yr Agency Spread 0.13% 0.14% -0.01% 1 -5 Yr Corporate Spread 0.75% 0.840% -0.09% Dow Jones 18,308 17,930 2.1% S &P 500 2,168 2,099 3.3% Consumer Price Index YOY' 1.1% 1.0% 0.1% U.S. Avg Regular Unleaded $2.22 $2.28 -$0.06 Retail Sales YOY' 2.0% 2.8% -0.8% Case - Shiller Home Prices YOY' 5.0% 5.2% -0.2% Gold (per ounce) $1,315.87 $1,321.90 -$6.03 Dollar Index 95.46 96.14 -0.68 Consumer Confidence 104.10 97.40 6.70 "Estimates for the current quarter /month, some data are lagged Sources: FTN Main Street and Bloomberg "Next Projected Fed Funds Hike is first month Fed Funds Futures are .625% or higher 34