The URL can be used to link to this page

Home My Public Portal About19921028 - Agendas Packet - Board of Directors (BOD) - 92-26 Open Spat MIDPENINSULA REGIONAL OPEN SPACE DISTRICT Meeting 92-26 REGULAR MEETING BOARD OF DIRECTORS A G E N D A 7 : 30 P.M. 330 Distel Circle Wednesday Los Altos , California October 28 , 1992 (7 : 30) * ROLL CALL ORAL COMMUNICATIONS -- Public** ADOPTION OF AGENDA ADOPTION OF CONSENT CALENDAR -- R. McKibbin APPROVAL OF MINUTES * * * October 14 , 1992 (Consent Item) WRITTEN COMMUNICATIONS (Consent Item) BOARD BUSINESS (7 : 45) 1 . Appointment of Unopposed Candidates in Wards 3 , 4 and 7 -- J. Fiddes Resolution Appointing Director - Ward 3 to the Board of Directors of the Midpeninsula Regional Open Space District Resolution Appointing Director - Ward 4 to the Board of Directors of the Midpeninsula Regional Open Space District Resolution Appointing Director - Ward 7 to the Board of Directors of the Midpeninsula Regional Open Space District (7 : 50) 2. Report by Phyllis Cangemi , Whole Access , on the IVth World Congress on National Parks and Protected Areas -- H. Grench (8 : 00) *** 3 . November Meeting Schedule -- J. Fiddes Open Space . . . for room to breathe - 20th Anniversary - 1972-1992 330 Distel Circle - Los Altos, California 94022-1404 - Phone: 415-691-1200 • FAX:415-691-0485 t General Manager:Herbert Gren(b Board of Directors:Katherine Duffy,Robert McKibbin,Teena Henshaw,Ginny Babbitt,Nonette Hanko,Betsy Crowder,Ri(hard Bishop INFORMATIONAL REPORTS -- Directors and Staff REVISED CLAWS (Consent TWO CLOSED SESSION (Litigation, Land Negotiations , Labor Negotiations , and Personnel Matters) ADJOURNMENT *NOTE: Times are estimated and items may appear earlier or later than listed. Agenda is subject to change of order. 90* TO ADDRFSS THE BOARD: The Chair will invite public comment on agenda items at the time each item is considered by the Board of Directors. You may address the Board concerning other matters during oral communications. Each speaker will ordinarily be limited to 3 minutes. When recognized, please begin by stating your name and address. Please fill out the speaker's form so your name and address can be accurately included in the minutes. Alternately, you may comment to the Board by a written communication, which the Board appreciates. *** All items on the consent calendar shall be approved without discussion by one motion unless a Board member removes an item from the consent calendar for separate discu SJOD. A member of the public may request under oral communications that an item be removed from the consent calendar. 4077CE OF PUBLIC MEETINGS The Trail Committee will meet Monday, October 26, 1992 beginning at 7:30 p.m. at the District office. The purpose of the meeting will be to review Wail Use Guidelines and Mitigation Measures. A copy of the Preliminary Draft Working Document for Wail Use Guidelines and Mitigation Measures may be obtained at the District office prior to the meeting. The 20th Anniversary Committee will meet Wednesday, October 28, 1992 beginning at 4:00 p.m. at the District office. The purpose of the meeting will be to plan events celebrating the District 's twentieth anniversary. The Gifts Policy Committee will meet Tuesday, November 3, 1992 beginning at 2:00 p.m. at the District office. The purpose of the meeting will be to review and revise the District 's gifts policy. The Budget Committee will meet Monday, November 9, 1992 beginning at 4:15 p.m. at the District office. The purpose of the meeting will be to review the 1992-1993 fiscal year budget. Open Spat A MIDPENINSULA REGIONAL OPEN SPACE DISTRICT Meeting 92-25 REGULAR MEETING BOARD OF DIRECTORS October 14 , 1992 MINUTES I . ROLL CALL President Robert McKibbin called the meeting to order at 7 :32 P .M. Members Present : Ginny Babbitt , Richard Bishop, Betsy Crowder, Kay Duffy, Teena Henshaw, and Robert McKibbi.n. Member Absent : Nonette Hanko. Personnel Present : Herbert Grench, Jean Fiddes , John Escobar , Randy Anderson, Malcolm Smith, Stanley Norton, Michael Foster , and Deborah Morvay-Zucker. TT . ORAL COMMUNICATIONS There were no oral communications . ITT . ADOPTION OF AGENDA H. Grench requested that written communications be added to the agenda and that minutes of September 23 , 1992 be removed from the consent calendar. R. McKibbin stated that the written communication from Winona Mindolovich, dated September 7 , would be addressed following Board Business . R. McKibbin stated that the agenda , as revised, was adopted by Board consensus . TV. ADOPTION OF CONSENT CALENDAR Motion: G. Babbitt moved that the Board adopt the revised Consent Calendar including Resolution 92-43 , a Resolution of the Board of Directors of the Midpeninsula Regional. Open Space District Establishing Signatories for Entering an Additional Safe Deposit Box, and Revised Claims 92-17 . R . McKibbin seconded the motion. The motion passed 5 to 0 . B . Crowder was absent during the vote. V. APPROVAL OF MINUTES September 23 , 1992 H. Grench stated that page 5, second paragraph of the minutes of September 23 , 1992 should be corrected to state "C . Britton reported that D. Woods would serve only as liaison to the Santa Clara County Trails Advisory Committee . " Open Space . . . for room to breathe - 20th Anniversary - 1972-1992 330 Distel Circle - Los Altos, California 94022-1404 - Phone:415-691-1200 - FAX:415-691-0485 (D General Manager:Herbert Grench Board of Directors:Katherine Duffy,Robert McKibbin,Teena Henshaw,Ginny Babbitt,NonetteHanko,Betsy Crowder,Richard Bishop Meeting 92-25 Page 2 Motion: R. McKibbin moved that the Board approve the minutes of September 23 , 1.992 as corrected. G. Babbitt seconded the motion. The motion passed 5 to 0. VT . BOARD BUSTNESS A. Approval and Implementation of Classification, Salary, and Fringe Benefit Study for District ' s Non-Represented Employees (Report R-92-108) J. Fiddes reviewed the purpose of the salary and compensation study prepared by Ralph Andersen & Associates. She stated that Board approval of the recommendations would include approval. of the list of agencies for future compensation studies . She presented details of the salary plan implementation recommendations , corresponding to an overall 5. 2% increase in salary costs , and an additional two point competitive labor market adjustment. J. Fiddes detailed the comparative fringe benefit study and stated that the recommendations included the additional. payment of premiums by the District for an employee assistance program and long term disability insurance coverage for nonrepresented employees . She stated, in addition, that the recommendations included directing staff to review and present to the Board for consideration the addition of post-retirement medical plan coverage for non-represented employees , with monthly premiums to be paid by the employee, and the approval of an administrative leave program for management employees, subject to review by the Board prior to implementation. R. McKibbin stated that recommendation 3 in the report should be corrected to read , "Implement , retroactive to April. 1 , 1992 , the equivalent H. Grench presented additional salary survey background information, stating that the updated classification study was done in conjunction with the implementation of the, District ' s staffing reorganization plan approved in March 1992 as part of the Strategic Plan for the ' 90s . He explained the that rangers , open space technicians , and mechanic equipment operator were represented by Local, 71.5 and not included in the study, and that the nonrepresented employees included the staff represented by the employees ' steering committee. He stated that the management team as well as the nonrepresented employees ' steering committee, had been , up to the time of the meeting, exploring placement alternatives that COIAld provide for, greatest equity among employees in terms of designated placement within new salary ranges . H. Grench :reviewed three specific salary range adjustment alternatives considered by the nonrepresented staff . He stated Meeting 92-25 Page 3 that alternative A was a plan for all individuals to receive a maximum 6 point placement adjustment; alternative B, an employee recommendation, was to adjust all. salaries by 60% of the step- to-step placement adjustment; and alternative C , a proposal suggested by the employee steering committee, was the equivalent of a 5 point or full step-to-step placement adjustment , whichever was less, for positions having adjustments of 5 points or less, and for 45% of the step-to-step adjustment for positions with adjustments higher than 5 points . H. Grench stated that alternative B was thought to be most equitable by the management-, team and recommended alternative B to the Board for adoption. Discussion followed to clarify further the implementation, labor market, adjustment, and cost implications . Motion: R . Bishop moved that the Board amend recommendation number 8 to "Direct staff to review and present to the Board for consideration the establishment of an administrative leave program for management employees . " T. Hensbaw seconded the motion. Discussion : H. Grench received Board approval that the proposed plan would be presented to the Budget Committee for discussion prior to making a recommendation to the full Board. The motion to amend passed 5 to 0 , with B. Crowder abstaining. R. Bishop stated that he favored alternative A, previously considered by the Board , equivalent to a step-to-step adjustment with a maximum of 6 . 2% placement because he thought the higher disparities found in the salary study were greater than he thought reasonable, that alternative A placed a maximum adjustment of 6 . 2% on the adjustment with higher salaries and larger disparities , and that alternative A benefitted those employees in the lower salary ranges . The Board discussed the impact of the constraints imposed on the salary adjustments by the current state budget crisis and their decision to keep overall costs not not to exceed $64 , 200 . Harry Hauessler , 1094 Highland Circle, Los Altos , asked to know the number of employees affected by the salary adjustment , and asked if passage of ballot Proposition 166 would affect the District ' s budget . R. McKibbin stated that approximately 25 employees are affected by the salary adjustments , including six field employees and five managers. R . Bishop stated that passage of Proposition 166 would not affect the District ' s budget because the District already provided health insurance plans for its employees . Meeting 92-25 Page 4 Donald Linden, Cupertino, asked for more information about the sample sizes for some of the positions included in the study. J. Fiddes explained that the benchmark comparisons were made with positions in other organizations and how internal relationships were used to establish the salary ranges for other positions , including visitors ' services supervisor and operations manager. K. Duffy stated that the recommended salary adjustments were being made to the ranges , specifically, and that full individual step-to-step salary adjustments were not being implemented at this time. She stated that she, supported alternative B, a 60% step-to-step adjustment , as more fair than the other two alternatives . R. Bishop stated that he did not agree with the Budget Committee ' s recommendation . T. Henshaw stated that she thought that the Board would not be able to satisfy everyone without spending more money, an option she was not willing to support. B. Crowder stated that she would abstain from the vote because she had just returned from vacation and had not had time to consider the report . R. McKibbin stated the state budget affecting local , city, and county budgets had to be taken into consideration in the decision to approve salary adjustments. He added that the 6 . 2% salary adjustment already implemented for the represented employees also should be taken into consideration. He stated that he supported alternative B. Motion: K. Duffy moved that the Board approve recommendations 1 , 2 , 4 through 7 , and 8 as amended. R. Bishop seconded the motion. The motion passed 5 to 0 , with B. Crowder, abstaining. Motion: K. Duffy moved that the Board amend recommendation 3 to implement alternative B, a straight 60% of the step-to- step adjustment for all positions. T. Henshaw seconded the motion. R . Bishop opposed the motion. The motion passed on the following vote: Ayes: G. Babbitt , K. Duffy, T. Henshaw, and R. McKibbin. No: R. Bishop. Abstain: B. Crowder. Meeting 92-25 Page 5 Motion: K. Duffy moved that the Board approve alternative 3 salary adjustment as amended. T. Henshaw seconded the motion. The motion passed 4 to 0 on the following vote: Ayes : G. Babbitt , K. Duffy, T. Henshaw, and R. McKibbin. No: R. Bishop. Abstain: B. Crowder. B. Revision of District ' s Rules of Procedure (Report R-92-107) J. Fiddes stated that the Rules of Procedure required admendment to reflect changes in procedure instituted by the Board ' s approval of streamlining procedures in March 1992 . Motion: K. Duffy moved that the Board adopt Resolution 92-44, a Resolution of the Board of Directors of the Midpeninsula Regional Open Space District Amending Rules of Procedure. T. Henshaw seconded the motion. The motion passed 6 to 0 . VTT . WRTTTEN COMMUNTCATTON Tn consideration of the written communication dated September 7 , 1992 from Winona Mindolovich, 2217 Armada Way, San Mateo, T. Henshaw requested that the Dog Committee be asked to meet within four months to recommend a permanent dog policy. R. McKibbin stated that he will work with the Dog Committee either to finalize the current policy or to recommend changes . K. Duffy stated that although she did not think dogs should be allowed everywhere on the preserves she hoped that the policy would allow responsible pet owners to enjoy more of the District ' s open space preserves . R. McKibbin stated that the response to the written communication was approved by Board consensus . VTTT . TNFORMATTONAL REPORTS G. Babbitt reported participating in the 20-mil.e Stevens Canyon hike on Sunday, October 11 , one of the 20th Anniversary events. She stated that during the full day hike the 15 participants encountered about 56 bicyclists , of which the hikers noted, two riders on Canyon Trail and seven downhill riders on Grizzly Flat were very inconsiderate of the hikers. Meeting 92-25 Page 6 R . McKibbin stated that , with Board consensus , he would replace K. Duffy on the Budget Committee. No one objected to his appointment . H. Grench announced that the San Mateo County Council of Cities would bold a Legislators ' Breakfast on Saturday, November 21 . T. Renshaw stated that. she would attend the breakfast as the -Board ' s representative . H. Grench stated that the 2020 Task Force Joint Implementation committee held its final. meeting October 13 and that the Santa Clara County Open Space Authority would be officially formed as of February 1 , 1993 . He stated that the Santa Clara County Board of Supervisors and the City of San Jose would make the agency appointments to the governing board . J. Escobar reported on two solo bicycle accidents on Purissima Creek Trail. and Saratoga Gap Trail . He also stated that on October, 17 there would be guided hikes on the Los Trancos Open Space Preserve fault trail . R. Anderson reported that the Americans with Disabilities Act . steering committee met on September 30 and would meet again on October 20. He stated that he and B. Crowder visited Tbornewood Open Space Preserve. J. Fiddes stated that applications for the Ward I vacancy were available and that several applications had been sent out . She stated that-, the deadline was November 4 , 5 : 00 P.M. at the District office . J. Fiddes discussed some paper saving recommendations and asked the Board to consider various options for discussion at the next Board meeting. M. Smith reported on the 20-th Anniversary Committee ' s activity related to upcoming events . TX. CLOSED SESSION H. Grench announced that land negotiations to be discussed were Santa Clara County assessor ' s parcel- numbers 558-01-023 and 562-03- 001 , owner General Convention of New Jerusalem, negotiated with Edwin Capon; Santa Clara County assessor ' s parcel number 562-06-011 , owner Linda Johnson et al . , negotiated with Gary Beck; Santa Clara County assessor ' s parcel number 558-34-005, owner Kathy Lyles, negotiated with Jim Lyles; and San Mateo County assessor' s parcel number 078-150-040, owner Sal Pantano, negotiated with Sal Pantano. S. Norton announced that the litigation matter to be discussed in Closed Session, M.R.O. S .D vs . Town of Los Gatos fell under Government Code Sections 54956 . 9 (a) . The Board recessed to Closed Meeting 92-25 Page 7 Session on litigation and land acquisition matters at 9- 20 P.M. X. ADJOURNMENT The Board reconvened to adjourn the meeting at 11 : 45 P.M. Deborah Morvay-Zucker Secretary Ope' n Spa( MIDPENINSULA REGIONAL OPEN SPACE DISTRICT Meeting 92-26 SUMMARY OF OCTOBER 28, 1992 REGULAR BOARD MEETING Appointment of Unopposed Candidates in Wards 3, 4,and 7 -The Board adopted Resolutions 92-45, 92-46, and 92-47 appointing unopposed candidates Teena Henshaw (Ward 3), Virginia Babbitt (Ward 4), and Wim de Wit (Ward 7). Report by Phyllis Cangemi, Whole Access, on the [Vth World Congress on National Parks and Protected Areas - Phyllis Cangemi, Executive Director of Whole Access, reported on the Congress that she had attended February 10 - 21 in Caracas, Venezuela. November Meeting Schedule - The Board rescheduled its Regular Meeting of November 11 to November 4 and canceled the November 25 Regular Meeting. The Board previously scheduled two Special Meetings for Thursday, November 12 and Wednesday, November 18 for the primary purpose of interviewing Ward 1 applicants. The meetings will begin at 7:30 P.M. The Board also scheduled a Special Meeting for Monday, November 9 beginning at 7:00 P.M. for the purpose of conducting the general manager's performance evaluation. Jean H. Fiddes District Clerk Open Space . . . for room to breathe - 20th Anniversary - 1972-1992 330 Distel Circle - Los Altos, California 94022-1404 - Phone: 415-694-1200 - FAX:415-691-0485 general Manager:Herbert Gren(h Board of Oirvc tons Katherine Duffy,Robert McKibbin,Teena Henshaw,Ginny Babbitt,Nonette 1-1 an ko,Betsy Crowder,Richard Bishop Claims No. 92-18 Meeting 92-26 Date: Oct. 28, 1992 REVISED MIDPENINSULA REGIONAL OPEN SPACE DISTRICT Name Description -------------------------------------------------------------------------------------------------- 3296 125.00 Acme & Sons Sanitation, Inc. Sanitation Services 3297 25.00 Asbestest, inc. Asbestos Test 3298 22,826.96 AT&T Equipment Agreement 3299 2, 184.49 Birnie Lumber Building Supplies 3300 20.00 City of Brisbane Legislators' Meeting 3301 1 ,402 .50 Building Abatement Analytics Asbestos Survey 3302 160.00 California Park & Recreation Membership & Society, Inc. Advertisement 3303 293.30 California Solvent Recycling Corp. Hazardous Waste Removal 3304 209.90 California Water Service Water Service 3305 220.00 Cline & Associates Lights & Locks-330 Distel 3306 51 .43 Consolidated Electrical Building Supplies Distributors 3307 577.50 William Cotton & Associates Engineering Services 3308 214 .78 Crest Copies Bluelines & Copying 3309 310.34 Alice Cummings Plant Symposium 3310 1 ,816.65 Design Concepts Design, Typeset, Produce Fact Sheet , Newsletters 3311 2,376.00 Divine Catering Staff Recognition Event 3312 100.00 Jean Fiddes Reimbursement--Staff Recognition Event 3313 4 .64 Foster Brothers Keys 3314 137.99 Goodco Press Business Cards 3315 218.00 Herbert Grench Travel Expenses-Sacramento 3316 55.65 Heritage Arts Volunteer Publications 3317 100.00 La Honda Vista Water Co. Water Service 3318 317.42 Langley Hill Quarry Building Supplies 3319 45.00 Brian Malone Reimbursement--Workshop 3320 37,810.00 S.P. McClenahan Co. , Inc. Tree Surgery 3321 211 .09 McGrath RentCorp Temporary Office Building Rental 3322 180.00 Metro Publishing, Inc. Legal Ad--Ward I Vacancy 3323 640.00 National Interpreters Workshop Conference Registrations 3324 341 .50 Orchard Supply Hardware Field Supplies 3325 53.96 Pacific Aerial Surveys Aerial Photo Enlargement 3326 1 ,126.06 Page & Turnbull , Inc. Architectural Service--Picchetti 3327 49. 10 Loro Paterson Reimbursement--Field Supplies 3328 2, 152. 14 Pacific Gas & Electric Electrical & Gas Service 3329 19.49 Peninsula Community Newspapers Subscription 3330 607.79 PIP Printing Printing 3331 159. 17 Pitney Bowes Credit Corp. Postage Machine 3332 5,757.00 Plan Construction Co. Picchetti Barn Restoration 3333 129.25 Rayne Water Conditioning Water Service 3334 235.77 Rich's Tire Service Vehicle Expense 3335 349.41 Roy' s Repair Service Vehicle Expense 3336 425.60 County of San Mateo Plan Check--Building Department 3337 2,452.41 Scriber Graphics Newsletter Printing 3338 669.94 Signs of the Times Signs 3339 690.24 Smith Equipment Tractor Parts 3340 5,291 .05 The Steinberg Group Architectural Services 3341 947. 19 Teater & Etc. Artwork Emergency check issued Oct. 20, 1992 Claims No. 92-18 Meeting 92-26 Date: Oct. 284, 1992 REVISED MIDPENINSULA REGIONAL OPEN SPACE DISTRICT # Name Description ------------------------------------------------------------------------------------------------- 3342 19.58 United Parcel Service Delivery Service 3343 381 .56 Value Business Products Office Supplies 3344 77.94 West Coast Rebar Co. Building Supplies 3345 1 ,216.55 Whitmore, Johnson & Bolanos Legal Services 3346 299.63 Alpine Recreation Parts for Equipment 3347 65.00 Fidelity National Title Company Reconveyance Fees 3348 219.43 Petty Cash Local Meeting Expense, Office Supplies, Resource Documents, and Private Vehicle Expense RESPONSE ACTION PROPOSED BY STAFF Board President Acknowledge/Respond Director.Acknoirledge/Respond Staff Acknowledge/Respond Draft Response Attached Staff to be Directed to Prepare Draft Response for Board Consideration per Board Directive(s) OCT 19 1992 No Response Necessary 1094 Highland Circle Los Altos, CA 94024 October 16, 1992 Board of Directors MROSD 330 Distel Circle Los Altos, CA 9jt4022 Last Wednesday, Oct 14, 1 attended your meeting in the new facilities . Needless to say, I was impressed with the facilities, but very disappointed with the worsened audio effect. The room is larger, and directors are further away from the audience, thus the low speaking persons are harder to hear. Further, the directors chairs allow a somewhat "reclining" posture which allows a more relaxed posture and therefore less forcefulness when speaking - thus more difficulty in hearing by the audience. The staff, being midway between the directors and audience, turn toward the directors to speak, and thus create hearing difficulty for the audience. Again, I am asking you to speedily install microphones and speakers . Q Harry H. Haeussler, Jr. Open Spacp MIDPENINSULA REGIONAL OPEN SPACE DISTRICT Draft response prepared by staff for Board consideration Mr. Harry H. Haeussler, Jr. 1094 Highland Circle Los Altos, CA 94022 Dear Harry: Thank you for your October 16 letter concerning the District' s new Board room and the need for an amplification system. Now that we've had the opportunity to use the new Board room for a few public meetings, we know some type of amplification system is needed. District staff will be determining the type of equipment necessary during the next month. sincerely, Robert McKibbin, President Board of Directors RM:ej Open Space . . . for room to breathe - 20th Anniversary - 1972-1992 330 Distel Circle - Los Altos, California 94022-1404 - Phone: 415-691-1200 - FAX: 415-691-0485 e General Manager:Herbert Grench Board ofDirectors:Katherine Duffy,Robert McKibbin,Teena Henshaw,Ginny Babbitt,Nonette Hanko,Betsy Crowder,Richard Bishop Open Spat R-92-109 MIDPENINSULA REGIONAL OPEN SPACE DISTRICT Meeting 92-26 October 28, 1992 AGENDA ITEM November Meeting Schedule GENERAL MANAGER'S RECOMMENDATION 1. Reschedule your November 11 Regular Meeting to Wednesday, November 4 beginning at 7 : 30 P.M. at the District office. 2 . Cancel your November 25 Regular Meeting. You previously scheduled Special Meetings for Thursday, November 12 and Wednesday, November 18, both beginning at 7:30 P.M at the District's office for the purpose of conducting the Ward 1 applicant interviews. Discussion: Your November 11 meeting falls on Veterans' Day, a District holiday. Your November 25 meeting falls on the evening before Thanksgiving. Both meetings need to be canceled and/or rescheduled according to your Rules of Procedure. I recommend the November 11 meeting be rescheduled to Wednesday, November 4. In light of the two Special Meetings you've already called for November 12 and November 18 to interview Ward 1 applicants, I recommend you cancel the second Regular Meeting falling on November 25. If necessary, time critical items, such as claims, could be placed on the November 18 Special Meeting agenda for your consideration. Prepared by: Jean Fiddes, District Clerk Contact person: Same as above Open Space . . . for room to breathe - 20th Anniversary - 1972-1992 330 1)i4el Circle - Los Altos, California 94022-1404 0 Phone: 415-691-12-00 - FAX: 415-691-0485 t General Manager Herbert Grench Board of Directors:Katherine Duffy,Robert McKibbin,I eena Henshaw,Gin ny BAN It,Nonette Han ko,Betsy Crowder,Koo,hard Bishop Open Spac MIDPENINSULA REGIONAL OPEN SPACE DISTRICT R-92-110 Meeting 92-26 October 28, 1992 AGENDA ITEM Appointment of Unopposed Candidates in Wards 3 , 4, and 7 GENERAL MANAGER'S RECOMMENDATION Adopt the three attached resolutil�— o appoint unopposed candidates Teena Henshaw (Ward 3) , Ginny Babbitt (Ward 4) , and Wim de Wit (Ward 7) to their four-year term as director that will begin in January. Discussion: Section 5532 (e) of the District's enabling legislation states in part that the Board of Directors, at a regular or special meeting held prior to the last Monday before the last Friday in November in which an election is held, shall appoint unopposed candidates who have been nominated. Section 5532 (e) specifies that the Board of Directors shall make the appointments and that the person appointed shall qualify and take office and serve exactly as if elected for the office. The unopposed candidates nominated for the three wards up for election in November 1992 are: Ward 3 - Teena Henshaw Ward 4 - Ginny Babbitt Ward 7 - Wim de Wit At your August 12, 1992 meeting, you adopted Resolution 92-40 opting not to list the unopposed candidates for election on the November 3 , 1992 ballots of Santa Clara and San Mateo Counties. In accordance with other provisions of section 5532, certificates of election shall be issued and the oath of office shall be administered. Prepared by: Jean Fiddes, District Clerk Contact person: Same as above Open Space . . . for room to breathe - 20th Anniversary - 1972-1992 330 Distel Circle - Los Altos, California 94022-1404 - Phone: 415-691-1200 - FAX: 415-691-0485 e General Manager:Herbert(;ren(b Board of Directors Katherine Duffy,Robert M(Kibbin,Teena Henshaw,Ginny Babbitt,Nonette Hanko,Betsy Crowder,Richard Bishop RESOLUTION NO. RESOLUTION OF THE BOARD OF DIRECTORS OF THE MIDPENINSULA REGIONAL OPEN SPACE DISTRICT APPOINTING DIRECTOR - WARD 3 TO THE BOARD OF DIRECTORS OF THE MIDPENINSULA REGIONAL OPEN SPACE DISTRICT WHEREAS, an election for the office of Director - Ward 3 of the Midpeninsula Regional Open Space District was scheduled to be held on November 3 , 1992; and WHEREAS, at five o'clock p.m. on the 83rd day prior to the date of said election only one person had been nominated for the position to be filled at that election and a petition signed by ten percent (10%) of the voters or fifty voters, whichever is the smaller number, in Ward 3 of the District, requesting that an election be held had not been presented to the District Clerk; and WHEREAS, in accordance with Section 5532 (e) of the Public Resources Code, the Board of Directors shall submit a certificate of these facts to the appropriate county clerk and shall, at a regular or special meeting held prior to the last Monday before the last Friday in November in which the election is held, shall appoint to the office the person who has been nominated; and WHEREAS, the District Clerk of the Midpeninsula Regional Open Space District has requested the Board of Directors to appoint to the Board of Directors of said district Ernestine U. Henshaw who has been nominated as Director; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Midpeninsula Regional Open Space District, that pursuant to and in accordance with Section 5532 of the Public Resources Code: Ernestine U. Henshaw is appointed Director - Ward 3 of said District, such person being duly qualified for the office of Director - Ward 3 of the Midpeninsula Regional Open Space District, and that such person shall take office and serve exactly as if elected at a general district election for said office. PASSED AND ADOPTED by the Board of Directors of the Midpeninsula Regional Open Space District this 28th day of October, 1992 by the following vote: AYES: NOES: ABSENT: ATTEST: Robert M. McKibbin, President Ernestine U. Henshaw, Secretary Board of Directors Board of Directors Jean H. Fiddes, District Clerk RESOLUTION NO. RESOLUTION OF THE BOARD OF DIRECTORS OF THE MIDPENINSULA REGIONAL OPEN SPACE DISTRICT APPOINTING DIRECTOR - WARD 4 TO THE BOARD OF DIRECTORS OF THE MIDPENINSULA REGIONAL OPEN SPACE DISTRICT WHEREAS, an election for the office of Director - Ward 4 of the Midpeninsula Regional Open Space District was scheduled to be held on November 3 , 1992; and WHEREAS, at five o'clock p.m. on the 83rd day prior to the date of said election only one person had been nominated for the position to be filled at that election and a petition signed by ten percent (10%) of the voters or fifty voters, whichever is the smaller number, in Ward 4 of the District, requesting that an election be held had not been presented to the District Clerk; and WHEREAS, in accordance with Section 5532 (e) of the Public Resources Code, the Board of Directors shall submit a certificate of these facts to the appropriate county clerk and shall, at a regular or special meeting held prior to the last Monday before the last Friday in November in which the election is held, shall appoint to the office the person who has been nominated; and WHEREAS, the District Clerk of the Midpeninsula Regional Open Space District has requested the Board of Directors to appoint to the Board of Directors of said district Virginia Babbitt who has been nominated as Director; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Midpeninsula Regional Open Space District, that pursuant to and in accordance with Section 5532 of the Public Resources Code: Virginia Babbitt is appointed Director - Ward 4 of said District, such person being duly qualified for the office of Director - Ward 4 of the Midpeninsula Regional Open Space District, and that such person shall take office and serve exactly as if elected at a general district election for said office. PASSED AND ADOPTED by the Board of Directors of the Midpeninsula Regional Open Space District this 28th day of October, 1992 by the following vote: AYES: NOES: ABSENT: ATTEST: Robert M. McKibbin, President Ernestine U. Henshaw, Secretary Board of Directors Board of Directors Jean H. Fiddes, District Clerk RESOLUTION NO. RESOLUTION OF THE BOARD OF DIRECTORS OF THE MIDPENINSULA REGIONAL OPEN SPACE DISTRICT APPOINTING DIRECTOR - WARD 7 TO THE BOARD OF DIRECTORS OF THE MIDPENINSULA REGIONAL OPEN SPACE DISTRICT WHEREAS, an election for the office of Director - Ward 7 of the Midpeninsula Regional Open Space District was scheduled to be held on November 3, 1992 ; and WHEREAS, at five o'clock p.m. on August 12 , 1992 the 88th day prior to the date of said election only one person had been nominated for the position to be filled at that election and a petition signed by ten percent (10%) of the voters or fifty voters, whichever is the smaller number, in Ward 7 of the District, requesting that an election be held had not been presented to the District Clerk; and WHEREAS, in accordance with Section 5532 (e) of the Public Resources Code, the Board of Directors shall submit a certificate of these facts to the appropriate county clerk and shall, at a regular or special meeting held prior to the last Monday before the last Friday in November in which the election is held, shall appoint to the office the person who has been nominated; and WHEREAS, the District Clerk of the Midpeninsula Regional Open Space District has requested the Board of Directors to appoint to the Board of Directors of said district Wim de Wit who has been nominated as Director; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Midpeninsula Regional Open Space District, that pursuant to and in accordance with Section 5532 of the Public Resources Code: Wim de Wit is appointed Director - Ward 7 of said District, such person being duly qualified for the office of Director - Ward 7 of the Midpeninsula Regional Open Space District, and that such person shall take office and serve exactly as if elected at a general district election for said office. PASSED AND ADOPTED by the Board of Directors of the Midpeninsula Regional Open Space District this 28th day of October, 1992 by the following vote: AYES: NOES: ABSENT: ATTEST: Robert M. McKibbin, President Ernestine U. Henshaw, Secretary Board of Directors Board of Directors Jean H. Fiddes, District Clerk Open Spac MIDPENINSULA REGIONAL OPEN SPACE DISTRICT R-92-112 Meeting 92-26 October 28 , 1992 AGENDA ITEM Report by Phyllis Cangerni. , Whole Access , on the IVth World Congress on National Parks and Protected Areas - Caracas , Venezuela GENERAL MANAGER ' S RECOMMENDATION No action requested. Discussion : Pursuant to your earlier approval , Phyllis Cangemi , Executive Director of Whole Access , will report on the TVtb World Congress on National Parks and Protected Areas that she attended February 10 - 21 in Caracas , Venezuela . Prepared by: Herb Grench , General Manager Contact person : Same as above Open Space . . . for room to breathe - 20th Anniversary - 1972-1992 330 Distel Circle - Los Altos, California 94022-1404 - Phone: 415-691-1200 - FAX:415-691-0485 General Manager:Herbert Grench Board of Directors:Katherine Duffy,Robert M(Kibbin,Teena Henshaw,Grin y Babbitt,Nonette I Ian ko,Betsy Crowder,Richard Bishop TO: Board of Directors FROM: H. Grench , General Manager DATE: October 28, 1992 SUBJECT: F.Y .I . OCT v- - 992 County of Santa Clara C,0 U,\, Department of Finance Controller—Treasurer Division . ....... County Government Center.East wing 70 West Hedding Street San Jose.California 951 10 (408)299-2541 October 20, 1992 TO: BOARDS OF TRUSTEES, SANTA CLARA COUNTY SCHOOL DISTRICTS; BOARDS OF DIRECTORS, SANTA CLARA COUNTY SPECIAL PURPOSE DISTRICTS FROM: WILLIAM L. PARSONS DIRECTOR OF FINANCE COUNTY OF SANTA CLARA SUBJECT: SANTA CLARA COUNTY TREASURY INVESTMENT PORTFOLIO STATUS RECOMMENDATION Receive and file the September 30, 1992 Detailed Investment Portfolio Listing. DISCUSSION Chapter 1226 of the 1984 Regular Session of the State Legislature requires the Treasurer or Chief Fiscal Officer of each local governmental agency to file with the Legislative Body and Chief Executive Officer, a statement of investment policy (at least once a year) and a detailed listing of investments (monthly) . Even though this requirement has expired, I am continuing a policy of providing this information to you. No change in the Investment Policy has been made since the information provided to you in May 1991 . Enclosed are detailed listings of all Santa Clara County Treasury investments as of September 30, 1992. The commingled fund had a yield of 4.47% as of September 30, 1992 and a compounded yield of 4.56%. The market value of "Commingled Investments" of more than one year exceeded cost by $5,204,000 or 4.92%. As a comparison on September 30, 1992 the yield of a 90-day Treasury Bill was 2.76% and a 6-month Treasury Bill was 2.91%. The State of California Local Agency Fund yield was 4.62%. For the fiscal year ending June 30, 1992, the commingled pool earned 6.06% and in the first quarter of FY 92/93 earned 4.71%. These figures include gains from security transactions that are not available as part of the month end snapshot of the portfolio reported to you each month. Receipts and maturing investments can meet anticipated needs for the next month. Should any district wish to discuss this matter further, please let me know. WLP:HW:as/1533c/46/IN91010A Board of Supervisors: Michael),,i. Honda. Zoe Lofgren, Ron Gonzales. Rod Diridon. Dianne McKenna County Executive:saiiv R. Reed s PERCENT OF TOTAL AT MONTH-END* (commingled funds only) 1992 Type of Security Sept. Aug. July June May Apr. Mar. Treasury Notes/Bills 17 17 18 23 28 27 29 Federal Agency 7 6 10 9 4 6 6 Bankers Acceptances 12 11 15 14 14 19 18 Commercial Paper 17 16 17 14 11 17 6 Nego i ab l e CD 16 15 13 8 6 6 2 Time Deposit 21 15 15 17 20 17 20 Repurchase Agreement 3 13 4 8 10 3 13 Medium Term Notes 7 8 8 8 6 6 7 * Figure may not equal 100% due to rounding. 1992 Sept. Aug. July June May Apr. Mar. Trend of Average 161 152 164 188 194 205 197 Portfolio Maturity in Days Average Yield 4.47 4.62 4.69 4.88 4.92 5.15 5.44 Current investment Strategy Short term rates have continued to go lower because of the very weak economy. Most new purchases will be less than one year in anticipation that rates will rise next year. IN91032A M C O U N T Y O F S ANT A Cl A R A I N V E S T M E N T S t CaMMINGE_E=D FUNDS Invlist As Of 09/30/92 09/30/92 09:44:22 SEC. 1 SECURITY TYPE DUE BOUGHT CPN YIELD PAR COST/AMORT CUR. COST REMAIN ORIG. TERN PRES, VALUE EFF YIELD TOs COST ACCR, INT. TOTAL COST 4139 HONE SAVINGS OF AMERICA TO 10/01/92 12/11/91 4.700 4.76G 20,000,000.00 20,000,000.00 1213,975,471'.02 0 1 0 295 4.850 20,000,000.00 20,000,000.00 1� 4928 U.S. TREASURY BILLS BILL 10/01/92 04/02/92 4.185 4.330 20,000,000.00 19,576,850.00 1193,975,471.02 0 1 0 182 4.380 19,576,850.00 4935 GENERAL ELECTRIC CP 10/01/92 04/06/92 4.250 4.400 25,ODO,000.00 24,474,652.78 1174,398,621.02 0 1 0 178 4.450 24,414,652.78 4341 REPUBLIC NAIL BANK BA 10/01/92 04/09/92 4.050 4.200 15,000,000.00 14,704,681.50 1149,923,968.24 0 1 0 115 4,240 14,704,687.50 4353 J. P. MORGAN CP 10/01/92 04/14/92 3.860 3,990 40,000,000.00 39,270,888.89 1135,219,280.14 0 1 0 170 4,03D 39,210,888.89 4956 J. P. MORGAN CP 10/01/92 04/15/92 3.870 4.000 45,000,000.00 44,182,462.50 1095,948,391.85 0 1 0 169 4.040 44,182,462.50 4957 BARCLAY'S BANK BA 10/01/92 04/15/92 3.880 4.010 10,000,000.00 9,817,855.56 1051,765,929.35 0 1 0 169 4.050 9,817,855.56 5209 SMITH BARNEY REPO 10/01/92 09/30/92 3,810 3.860 42,000,000.00 42,000,000.00 1041,948,073.79 0 1 0 1 3.950 42,000,000.00 4948 SOCIETE GENERALE BA 10/05/92 04/13/92 3.930 4.060 5,000,000.00 4,904,479.11 999,948,073.79 0 5 0 175 4.100 4,904,479.17 4939 Deutschebank NY NCD 10/06/92 04/08/92 4.220 4.200 15,000,000.DO 15,000,054.32 995,043,594.62 0 5 0 181 4.240 3,516.67 15,003,570.99 5113 REPUBLIC NAIL BANK BA 10/06/92 07/15/92 3,250 3.320 12,000,000.00 11,910,083.33 980,043,540.30 0 5 0 83 3.360 11,910,083.33 4958 BARCLAY'S BANK BA 10/08/92 04/15/92 3.880 4.010 5,000,000.00 4,905,155.56 968,133,456.97 0 8 0 176 1.050 4,905,155.56 4798 GREAT WESTERN SAVINGS 4 LOAN TO 10/13/92 01/15/92 4.200 4.280 20,000,000.00 20,000,000.00 963,228,301.41 0 13 0 211 4,330 20,000,000.00 20,000,000.00 5119 BANK OF NOVA SCOTIA NCD 10/14/92 07/20/92 3.350 3,330 20,000,000.00 20,000,143.30 943,228,301.41 0 14 0 86 3,370 20,000,143.30 4959 REPUBLIC NAIL BANK BA 10/15/92 04/15/92 3.850 3.980 14,000,000.00 13,726,008.34 923,228,158.11 0 15 0 183 4,020 13,726,008.34 4950 RA80BANK NCO 10/15/92 04/15/92 4.010 3.960 20,000,000.00 20,000,408.45 909,502,149.71 0 15 0 183 4.010 20,000,408.45 5192 Bank of the West - Comp. Bal. TD 10/15/92 09/15/92 0.000 11,145,000.00 11,145,000.00 889,501,741.32 0 15 0 30 0,000 11,145,000.00 11,145,000.00 5138 SOCIETE GENERALE BA 10/20/92 08/04/92 3,300 3,370 6,250,000.00 6,205,885.42 878,356,141.32 0 20 0 77 3.410 6,205,885.42 4971 DRESDNER BANK CP 10/22/92 04/27/92 3.930 4.060 30,000,000.00 29,417,049.99 812,150,855.90 0 22 0 118 4,120 29,417,049.99 4985 DRESDNER BANK CP 10/22/92 04/30/92 3.950 4.080 6,000,000.00 5,884,191.67 842,733,605.91 0 22 0 115 4.120 5,884,191.67 4398 SACRAMENTO SAVINGS 6 LOAN TO 10/30/92 05/03/91 6.900 6.990 10,000,000,00 10,000,000.00 836,849,014.24 0 30 1 181 1,170 10,000,000.00 10,000,000.00 4643 U.S. TREASURY NOTES TREA 10/31/92 10/03/91 1.750 5.650 10,000,000.00 10,016,418.15 826,849,014.24 0 31 1 29 5.130 10,016,418.16 4735 U.S. TREASURY NOTES TREA 10/31/92 12/10/91 7.750 4.570 10,000,000.00 10,025,162.95 816,832,596.08 0 31 0 326 4.620 2.,0,0251695 , , . 0,025 4138 HONE SAVINGS OF AMERICA TO 11/02/92 12/11/91 4.700 4.160 20,000,000.00 20,000,000.00 806BOI43313 0 33 0 321 1.850 20,000,000.00 1 , 2.95 16 4994 GREAT WESTERN SAVINGS 1 LOAN 00 TO 11/02/92 05/05/92 4.100 t•.160 30,000,000.00 30,000,000.00 786,807,433.13 0 33 0 181 4,310 30,000,000.00 30,000,000.00 5057 REPUBLIC NATI BANK BA 11/02/92 05/09/92 3,860 3.980 15,000,000.00 14,765,183.33 156,801,433.13 0 33 0 146 4.020 14,765,183.33 4996 GREAT WESTERN SAVINGS 4 LOAN TO 11/04/92 05/06/92 4,100 4.160 10,000,000.00 10,000,000.00 742,042,249.80 0 35 0 182 4.310 10,000,000.00 10,000,000.00 3445 GREENWOOD TRUST NCD 11/10/92 11/07/89 8.750 8.870 5,000,000.00 5,000,000.00 732,042,249.80 0 41 3 3 9,070 5,000,000.00 5075 ABN ANRO BANK NCO 11/12/92 06/19/92 3.940 3.900 20.000,000.00 20,000,850.18 727,042,249.80 0 43 0 146 3.940 15,322.22 20,015,172.40 3344 FORD MOTOR CREDIT CN 11/15/92 09/05/89 9.000 9.050 6,000,000.00 5,999,704,59 707,041,399,62 0 41 3 73 9.050 5,999,704.59 5057 GENERAL ELECTRIC CP 11/16/92 06/15/92 3.900 4.020 30,000,000.00 29,499,500.00 701,041,695.03 0 47 0 154 4,070 29,499,500.00 5113 FHLB Disc. Notes AGCY 11/23/92 09/02/92 3,220 3.290 20,000,000.00 19,853,311.12 671,542,195.03 0 54 0 82 3.330 19,853,311.12 4443 SACRAMENTO SAVINGS 1 LOAN TO 11/25/92 05/03/91 6.800 6,890 5,000,000.00 5,000,000.00 651,688,883.91 0 56 1 176 1.070 5,000,000,00 5,000,000.00 4545 U.S. TREASURY NOTES TREA 11/30/92 10/04/91 7.375 5.650 10,000,000.00 10,026,928.20 846,688,883.91 0 61 1 58 5.730 10,025,928.20 5177 SOCIETE GENERALE BA 12/01/92 09/04/92 3.270 3,340 13,750,000.00 13,640,091.61 636,661,955.11 0 62 0 88 4.000 13,540,091.67 5189 Deutschebank NY BA 12/01/92 09/14/92 3.010 3.070 18,150,000.00 18,627,118.74 623,021,864.04 0 62 0 78 3.110 18,527,718.14 5061 ROYAL BANK OF CANADA NCO 12/03/92 08/11/92 4.020 4.000 10,000,000.00 10,000,274.32 604,394,145.30 0 64 0 175 4,000 10,050.00 10,010,324.32 5122 SOCIETE GENERALE NCO 12/04/92 01/22/92 3,400 3.380 20,000,000.00 20,000,691,00 594,393,870.98 0 65 0 135 3.410 1,888.89 20,002,519.89 4949 CREDITANSTALT NCD 12/07/92 04/13/92 4.125 4.010 15,000,000.00 15,001,495.19 574,393,119.98 0 68 0 238 4,130 15,001,495.19 I' r i i COUNTY OF SANTA Ct_ARA INVESTMENTS COMMINGI_ED FUNDS Invlist As Of 09/30/92 09/30/92 09:44:54 SEC. I SECURITY TYPE DUE BOUGHT CPN YIELD PAR COST/AMORT CUM. COST REMAIN ORIG. TERM PRES. VALUE EFF YIELD TDs COST ACCR. INT. TOTAL COST 5093 GENERAL ELECTRIC CP 12/28/92 07/01/92 3.820 3.950 30,000,000.00 29,427,000.00 559,391,684.79 0 89 0 180 3.990 29,427,000.00 4712 DOWNEY SAVINGS TO 12/29/92 12/30/91 4.250 4.350 100,000.00 100,000.00 529,954,684,79 0 90 1 0 4.310 100,000.00 100,000,00 4110 GREAT WESTERN SAVINGS I LOAN TO 12/30/92 12/30/91 4.150 4.210 100,000.00 100,000.00 529,864,684.19 0 91 1 1 4.280 100,000.00 100,000.00 ~4171 SACRAMENTO SAVINGS I LOAN TO 12/30/92 12/30/91 4.050 4,110 100,000.00 100,000.00 529,764,684.19 0 91 1 1 4.170 100,000.00 100,000.00 5097 GREAT WESTERN SAVINGS I LOAN TO 12/30/92 01/02/92 3.600 3.650 10,000,000.00 10,000,000.00 529,664,684.79 0 91 0 181 3.740 10,000,000,00 10,000,O00.00 4735 U.S. TREASURY NOTES TREA 12/31/92 12/10/91 7.250 1.580 20,000,000.00 20,127,858.52 519,664,684.79 0 92 1 21 4.630 20,121,858.52 4157 U.S. TREASURY NOTES TREA 12/31/92 12/11/91 1.250 4.550 10,000,000.00 10,064,732.13 499,536,826.27 0 92 1 14 4,504 10,064,732.13 187 FNMA DEBENTURES AGCY 01/11/93 12/19/83 10.900 12.206 5,000,000.00 4,989,121.51 489,472,093.54 0 103 9 26 12.206 4,989,121.51 5140 BARCLAY'S BANK BA 01/19/93 08/05/92 3,390 3,490 6,500,000.00 6,391,182.09 484,482,972,03 0 111 0 167 3,520 5,397,182.09 5201 Deutschebank NY BA 01/27/93 09/25/92 3.140 3.210 5,000,000,00 4,945,922.22 478,085,189.94 0 119 0 124 3.240 4,945,922.22 4746 U.S. TREASURY NOTES TREA 01/31/93 12/13/91. 7.000 4.600 10,000,000,00 10,016,109.33 473,139,267.12 0 123 1 50 4.660 10,015,709.33 5112 SEARS NCO 02/01/93 09/02/92 3,450 3.500 20,000,000.00 20,000,000.00 463,062,558.39 0 124 0 152 3.540 20,000,000.00 3124 U.S. TREASURY NOTES TREA 02/15/93 04/18/90 8.250 8.760 5,000,000.00 4,991,615.54 443,062,558.39 0 138 2 304 8.950 4,991,615.54 5158 UNION BANK OF SWITZERLAND NCO 02/24/93 08/26/92 3.360 3.440 14,000,000.00 13,995,499.61 438,010,942.85 0 147 0 182 3.470 2,613.33 13,998,112.94 5178 NATIONAL WESTMINSTER NY BA 02/26/93 09/04/92 3,320 3,420 18,650.000.00 18,349,009.12 424,015,443.24 0 149 0 175 3.450 18,349,009.72 4741 U.S. TREASURY NOTES TREA 02/28/93 12/13/91 6.150 4.650 20,000,000.00 20,165,067.13 405,726,433.52 0 151 1 18 4.110 20,165,067.73 5181 GREAT WESTERN SAVINGS I LOAN TO 03/08/93 09/08/92 3.250 3.290 10,000,000.00 10,000,000.00 385,561,365.79 0 159 0 181 3.350 10,000,000.00 10,000,000.00 4886 CUPERTINO NATIONAL BANK TO 03/09/93 03/09/92 4.750 4,820 1,000,000.00 1,000,000.00 375,551,365.79 0 160 1 0 4,910 1,000,000.00 1,000,000.00 3132 FORD MOTOR CREDIT CN 03/16/93 04/20/90 9.300 9.310 5,000,000.00 4,999,679.26 314,561,365.79 0 167 1 331 9.530 4,999,619.26 5202 GREAT WESTERN SAVINGS I LOAN TO 03/24/93 09/25/92 3,200 3.240 20,000,000.00 20,000,000.00 369,561,686.53 0 115 0 180 3.300 20,000,000.00 20,000,000.00 5203 SACRAMENTO SAVINGS I LOAN TO 03/31/93 09/25/92 3.200 3.240 10,000,000.00 10,000,000.00 349,561,686.53 0 182 0 187 3.300 10,000,000.00 10,000,000.00 5206 GREAT WESTERN SAVINGS i LOAN TO 04/01/93 09/29/92 3.200 3,240 10,000,000.00 10,000,000.00 339,551,686.53 0 183 0 184 3, 00 10,000,000.00 10,000,000.00 4930 CREDIT AGRICOLE NCO 04/02/93 04/03/92 4.760 4.830 15,000,000.00 15,000,000.00 329,561,686.53 0 184 0 364 4.830 15,000,000.00 192 FNMA DEBENTURES AGCY 04/12/93 09/08/83 10.875 12.031 5,000,000.00 4,982,099.05 314,561,686.53 0 194 9 218 12,031 4,982,099.05 5161 COMMERZBANK NCD 04/12/93 08/27/92 3.530 3.510 20,000,000.00 20,002,097.81 309,519,587.48 0 194 0 228 3.510 20,002,097.81 5184 GREAT WESTERN SAVINGS I LOAN TO 05/04/93 09/09/92 3.300 3.340 10,000,000.00 10,000,000.00 289,511,489.61 0 247 0 268 3.380 10,000,000.00 10,000,000.00 5183 GREAT WESTERN SAVINGS I LOAN TO 06/07/93 09/09/92 3.300 3.340 10,000,000.00 10,000,000.00 279,571,489.61 0 250 0 271 3.380 10,000,000.00 10,000,000.00 5076 SWISS BANK CN 06/11/93 06/19/92 4.350 4.250 10,000,000.00 10,001,086.84 269,511,489.67 0 254 0 357 4.100 10,007,086.84 5136 FHLB Disc. Notes AGCY 05/11/93 08/03/92 3.430 3.560 20,000,000,00 19,405,456.66 259,570,402.83 0 254 0 312 3.560 19,405,456.65 4962 U.S. TREASURY NOTES TREA 05/30/93 04/16/92 1.000 4.430 20,000,000.00 20,369,364.35 240,164,936.11 0 273 1 74 4.18D 20,369,364.35 5034 U.S. TREASURY NOTES TREA O6/30/93 05/22/92 1.000 4.400 10,000,000.00 10,188,304.46 219,195,571.82 0 273 1 38 4.430 10,188,304.46 5207 GREAT WESTERN SAVINGS I LOAN TO 07/01/93 09/29/92 3.300 3.340 10,000,000,00 10,000,000.00 209,607,261.35 0 274 0 215 3,400 10,000,000.00 10,000,000.00 5128 U.S. TREASURY BILLS BILL 07/29/93 07/30/92 3,390 3.530 20,000,000.00 19,314,466,61 199,607,261.36 0 302 0 364 3.530 19,314,465.67 5144 GREAT WESTERN SAVINGS I LOAN TO 08/06/93 08/11/92 3,600 3.650 20,000,000.00 20,000,000.00 180.292,800.69 0 310 0 360 3.740 20,000,000.00 20,000,000.00 5168 U.S. TREASURY BILLS BILL 08/26/93 09/01/92 3.350 3.480 15,000,000.00 14,498,895.84 160,292,800.69 0 330 0 359 3.480 14,498,895.84 4597 U.S. TREASURY NOTES TREA 08/31/93 09/06/91 6.375 6.333 5,000,000.00 5,001,799.57 145,193,904.85 0 335 1 360 6,430 5,001,799.57 5179 GREAT WESTERN SAVINGS I LOAN TO 09/07/93 09/04/92 3.500 3.550 10,000,000.00 10,000,000.00 140,192,105.28 0 342 1 3 3.600 10,000,000.00 10,000,000.0d 5185 SACRAMENTO SAVINGS I LOAN TO 09/09/13 09/09/92 3.350 3.400 10,000,000.00 10,000,000.00 130,)92,105.28 0 344 1 0 3.d50 10,000,000.00 10,000,000.00 4002 FORD MO10R CREDIT CN 09/15/93 09/11/90 8.850 8.850 10,000,000.00 10,000,000.00 120,792,105.26 0 350 2 363 9.050 10,000,000.00 1' 1 i COUNTY OF SANTA C1 ARA TNVESTMENTS COMM = NGLEU FUNDS Invlist As Of 09/30/92 09/30/92 09:46:12 SEC. 4 SECURITY TYPE DUE BOUGHT CPN YIELD PAR COST/AHORT CUH. COST REMAIN ORIG, TERM PRES. VALUE EFF YIELD TDs COST ACCR, INT. TOTAL COST 3825 Toronto Dominion CN 09/29/93 06/01/90 9.180 9.150 5,000,000.00 5,001,209.04 110,792,105.2,,8 0 364 3 121 9.360 5,001,209.04 190 FEDERAL FARM CREDIT AGCY 10/20/93 10/27/83 11.800 11.951 5,000,000.00 4,995,392.21 105,790,896.24 1 20 9 360 5,442,187.00 11.951 4,995,392.21 191 FEDERAL FARM CREDIT AGCY 10/20/93 10/26/83 11.800 1�346 5,000,000.00 4,995,557.97 100,195,504.03 1 20 9 362 5,442,187.00 11.946 4,995,557.97 3503 GHAC NOTE CN 11/01/93 02/07/90 8,600 9.150 5,000,000.00 4,915,101.10 95,799,945.06 1 32 3 268 5,520,000.00 9 A0 4,975,101.10 4100 KAISER FOUNDATION CN 11/19/93 11/19/90 8.670 8.700 10,000,000.00 9,997,614.49 90,824,844.96 1 50 3 1 10,570,000.00 8.890 9,997,614.49 ' 4103 GHAC NOTE CN 12/21/93 11/20/90 8.600 8.910 6,000,000.00 5,980,814.41 80,827,230,47 1 81 3 32 6,325,000.00 9.110 5,980,814.47 4892 U.S. TREASURY NOTES TREA 02/28/94 03/13/92 5.375 5.700 10,000,000.00 9,956,731.53 14,846,416.00 1 151 1 352 10,265,625.00 5.780 9,956,791.53 4452 NORINCHUKEN BANK CN 06/05/94 06/06/91 7.600 7.750 10,000,000.00 9,919.697.17 64,889,624.47 1 249 3 1 10,538,000.00 7.900 9,919,697.17 4018 U.S. TREASURY NOTES TREA 06/30/94 09/25/90 8.500 8.540 5,000,000.00 4,996,378.06 54,909,927.30 1 273 3 218 5,409,315.00 8,720 4,996,378.06 4078 CREDIT SUISSE CN 03/01/95 10/31/90 8,750 8.900 5,000,000.00 4,984,723.28 49,913,549.24 2 158 4 128 5,450,000.00 9.100 4,984,723.28 4940 REPUBLIC NATL BANK CN 04/15/95 04/08/92 -6,400 6.400 5,000,000.00 5,000,000.00 44,928,825.95 2 191 3 6 5,217,000.00 6,500 5,000,000.00 5012 IBM CREDIT CORP CN O6/15/95 06/17/92 V I 4.800 5,000,000,00 5,000,000.00 39,928,825.96 2 258 2 362 5,058,000.00 4.860 5,000,000.00 3956 U.S. TREASURY NOTES TREA 08/15/95 08/21/90 8,500 8.130 5,000,000.00 4,973,370.31 34,928,825.96 2 316 4 353 5,562,500.00 8,420 4,973,370.31 1 5114 TENN VALLEY AUTH AGCY 09/01/95 09/03/92 4.750 4.880 10,000,000.00 9,964,100.00 29,955,455.65 2 336 2 362 10,055,950.00 4.940 2,638.89 9,966,738.89 4808 SLMA Debentures AGCY 01/23/97 01/27/92 V II 3.330 10,000,000,00 9,995,680.20 11,991,355.65 4 116 4 362 10,020,000.00 4.360 9,995,680.20 4815 SLHA Debentures AGCY 01/23/97 01/29/92 V 11 3.330 10,000,000.00 9,995,675.45 9,995,675.45 4 116 4 360 10,020,000.00 4.360 9,995,675.45 1 Total Investments 1,213,975,471.02 0 161 1 23 110,995,824.00 257,445,000.00 1,214,011,501.02 1 LESS REVERSE REPURCHASE AGREEMENTS Invlist As Of 09/30/92 09/30/92 09:46:46 SEC. 4 SECURITY DATE FROM DATE TO PAR VALUE REV RATE COST/AMORT PROCEEDS TOTAL REVERSE REPURCHASE 0.00 NET INVESTMENTS 1,213,975,471.02 R = Reverse Repurchase Agreement Variable I Rate increases to 6.25 on 06/15/93. Yield 4.800 Variable II Based on 91 day bill auction yield plus 40 basis points. Set weekly-pays quarterly. Yield 3.330 Variable III: Prime rate less 175 basis points, Pays quarterly. Yield 0.000 1 Variable IV Based on 91 day bill auction yield plus 75 basis points, Set monthly-pays quarterly, Yield 0.000 Variable V Based on 91 day bill auction yield plus 10 basis points. Set monthly-pays quarterly. Yield 0.000 Prime: 6.000