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1.0 Cent 2.0 Cents 3.0 Cents 4.0 Cents 4.93 Cents

$8,040,548 $16,081,096 $24,121,644 $32,162,192 $39,639,902

Possible Restorations to the Proposed FY11 Budget

Park Maintenance

Park Mowing $1,350,000 $1,350,000 $1,350,000 $1,350,000 $1,350,000 $1,350,000

Litter Pickup and Removal $1,080,000 $1,080,000 $1,080,000 $1,080,000 $1,080,000 $1,080,000

Graffiti Removal $350,000 $350,000 $350,000 $350,000 $350,000 $350,000

Port O Let Rentals and Drinking Fountains $350,000 $350,000 $350,000 $350,000 $350,000 $350,000

Ballfields and Security Lighting $500,000 $500,000 $500,000 $500,000 $500,000 $500,000

Forestry Crews $500,000 $500,000 $500,000 $500,000 $500,000 $500,000

Irrigation System Maintenance/PM/Amenity Replacements $870,000 $870,000 $870,000 $870,000 $870,000 $870,000

Additional Weekend Litter Cycle $250,000 $250,000 $250,000 $250,000 $250,000

Pesticide Application $250,000 $250,000 $250,000 $250,000 $250,000

Recreation Centers

Fully Restores to 50 hrs/wk @ 37 Large Centers; 40hrs/wk @ 6 Small Centers $500,000 $500,000 $500,000 $500,000 $500,000 $500,000

StreetsStreet Maintenance $12,300,000 $1,540,548 $5,297,452 $12,300,000 $18,250,000 * $24,600,000 *

Traffic signals/street markings

Emergency Signal Response Crews $1,300,000 $425,000 $800,000 $800,000 $1,300,000 $1,300,000

Crosswalk Striping $75,000 $75,000 $75,000 $75,000 $75,000 $75,000

Street Lane Striping $250,000 $250,000 $250,000 $250,000 $250,000

Trafffic Safety & Congestion Mgmt $957,000 $520,000 $520,000 $957,000 $957,000

Traffic Signs $512,000 $338,644 $338,644 $512,000 $602,902

Libraries

Materials to FY07 peak level $2,800,000 $500,000 $2,800,000 $2,800,000 $2,800,000 $2,800,000

Branch Libraries staffing $2,112,000 $1,038,000 ** $1,075,192 ** $2,112,000 **

Central Library 40 hours all floors $943,000 $943,000 $943,000

Total $27,249,000 $8,040,548 $16,081,096 $24,121,644 $32,162,192 $39,639,902

Assumes Recreation Centers funding is restored with $1m donation

*4.0 and 4.93 Cent Options restore the FY10 Street Maintenance reduction

**3.0 Cent Option restores 41 pages to Library Branches; 4.93 Cent Option restores Branch and Central libraries' staffing to FY10 level

Tax Rate

Change

Tax

Revenue

Tax Rate Change

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Memorandum

DATE August 27, 2010

TO Honorable Mayor and Members of the City Council

SUBJECT Elgin B. Robertson Park

At the August 18, 2010 briefing, there were questions regarding Elgin B. RobertsonPark. The following is a brief response.

The park was purchased with bond funds in 1966 and immediately designated as parkland. It is located approximately 10 miles outside the main limits of Dallas andoccupies 257 acres of land. Due to its location, Dallas residents get little benefit either

through revenue generation or through recreation use (88% of park visitors liveoutside the City of Dallas).

In September 2008, the Economic Development Committee was briefed on optionsrelated to the future development of Elgin G. Robertson Park as well as the stepsneeded to make the site available for development. The options included improvingrecreational uses, selling the land to a private developer, and entering into acooperative agreement with another city.

In the past, the City has been approached by developers interested in developing theland. Additional information on previous offers for development is included in theattached briefing. More recently, during budget brainstorming briefings to Councilgiven on January 20, 2010 and May 19, 2010, staff proposed options for Elgin B.Robertson Park as a strategy for increasing revenue. Options related to the sell orlease of the park were also presented on August 9, 2010 in the City Managersproposed budget.

In accordance with state law, selling the park requires a public referendum and anyproceeds from the sale of the park land can be used only to acquire park property orfor capital improvements on park property. The amount of money brought in by thesale of the park would be determined by independent appraisals and could varybased on what proposals are received The Parks department does not have a

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In the event the City chooses not to sell the property, the park would likely remain asopen space with minimal maintenance and development limited to accommodate boataccess to the lake. As requested by the Council, the City Attorneys office is analyzingwhether the authority to sell park land, if granted by the citizens, ever lapses.

Please let me know if you have further questions.

A.C. Gonzalez

Assistant City Manager

Attachment

c: Mary K. Suhm, City ManagerThomas P. Perkins, Jr., City AttorneyDeborah Watkins, City SecretaryCraig Kinton, City AuditorJudge C. Victor Lander, Administrative JudgeRyan S. Evans, First Assistant City ManagerJill A. Jordan, P.E., Assistant City ManagerForest E. Turner, Assistant City ManagerJeanne Chipperfield, Chief Financial OfficerEdward Scott, Director, Controllers Office

Helena Stevens-Thompson, Assistant to the City Manager - Council Office

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1

Elgin B. Robertson Park

Economic DevelopmentCommittee Briefing

September 2, 2008

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2

Purpose of Briefing To update the Committee on the status of

Elgin B. Robertson Park as it relates tofuture development for the City of Dallas

Outline the costs for the future

development of each tract of the Park Review related issues with the property

Recommend action to move forward with

development to be revenue positive forthe City

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3

Elgin B. Robertson Park North

Approximately 142 Acres

Elgin B. Robertson Park South

Approximately 115 Acres

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4

Background Elgin B. Robertson Park was

acquired in 1966 as part of theForney Reservoir development(now known as Lake RayHubbard)

The park was purchased

with Dallas Parks andRecreation Department bondfunds.

The land was immediatelydesignated park upon

purchase This 257 acre park site is

located approximately 10 milesoutside of the main limits ofDallas


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5

Background Elgin Robertson Park is divided by Interstate 30

into two separate tracts

The north tract of 142 acres

The south tract of 115 acres

Normal lake level is 435.5 feet

Dallas Water Utilities maintains control of the

water levels up to 440.5 feet

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6

Options Because of its location, the City has been

approached several times by privatedevelopers and neighboring Citiesseeking to privately develop the land

Dallas has 3 options with regard to ElginB. Robertson parkOption A: Maintain as park and explore possibilities for

better recreational uses

Option B: Sell land to private developer and provide fulllevel of services with City of Dallas personnel

Option C: Enter into a cooperative agreement withanother city

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7

Private Development A sale of park land requires a public referendum

Sale proceeds are required to be used for park systemimprovements

Proceeds cannot be used to directly offset or maintaingeneral service costs for the park

Distance from the rest of the City of Dallas has

raised site development and operational costs Development would require extension of

sufficient water and waste water service

DWU has suggested that any and all developmentbe made at or above 441 feet to avoid majorflooding, thus decreasing developable area

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8

Private Development Even with challenges city should explore

achieving a higher and better use for theland

City of Dallas residents get little benefit

either through recreational use or revenuegeneration

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9

Current Park Status

Park land 257 acres Marina located on south tract

Few Dallas residents utilize the park 88% of visitors of the park live outside of the City of

Dallas

Parks User Survey was conducted in 2005

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10

Appraisal Value The Economic Development Committee was

briefed on the potential sale of the property onAugust 16, 2005 and April 17, 2006

A Property appraisal completed in July 2006

North tract - 142 acres

With Utilities: $18.8 million

Without Utilities: $13.9 million

South tract - 115 acres:

With Utilities: $15.0 million

Without Utilities: $10.0 million

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11

Past Efforts In 2005, Rowlett offered $15 million for

both tracts and a 20 year tax sharingagreement

City of Dallas declined the offer

City explored the sale to privatedevelopers

RFP was issued

City did not move forward

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12

Past Planning Master plan was developed for Rowlett by

RTKL Associates Inc. North tract was most feasible for

residential development

Narrow Bordered by residential neighborhood

South tract was most feasible for mixed

use Attractive location

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13

Moving Forward Rowlett has again approached the City of

Dallas in effort to develop park Discussions addressed difficulty in Dallas

providing services to park due to remote

location Rowlett expressed interest primarily in

north tract to have control over land use

decisions for area contiguous to existingneighborhoods

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14

Development Assumptions Development scenarios assume residential

development on north tract Average home value at $300,000

Average build out of 75 units per year for a total of 500

Mixed use development on south tract includes

1,700 residential units, office, retail, and hotelmix

All property value growth at 7%

Development costs include full service and City of

Dallas infrastructure improvements Does not include utility improvements which

would be assumed by developer

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15

Development Assumptions Do not include sales proceeds in revenue

estimates Include debt service costs for

infrastructure including facilities, e.g. fire

station City Services costs include 3% inflation

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16

Option B: Dallas DevelopmentOption B: City of Dallas Development


Costs North Tract South Tract Total Park

Improvements:Streets & Bridges $2,224,167 $1,803,071 $4,027,238

Capital & Service Costs:Fire Station $6,000,000 $6,000,000Fire O & M $9,578,633 $32,567,351 $42,145,984

Police O & M $7,577,366 $22,287,712 $29,865,078

Municipal Services** $6,324,832 $21,846,790 $28,171,622**Municipal services include parks, recreation, library, etc.

Total Costs $31,704,998 $78,504,924 $110,209,922

Average Annual Cost* $5,510,496

*based on 20 year Build Out

RevenuesResident ial Ad Valorem Taxes $18,800,453 $34,275,347 $53,075,800

Commercial Ad Valorem Taxes $12,095,406 $24,189,834 $36,285,240Sales Tax $3,546,000 $7,092,000 $10,638,000

Total Revenues $34,441,859 $65,557,181 $89,361,040

Net Return -$20,848,882

*based on 20 year Build Out

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17

Option B:City of Dallas Development

Annual Total Costs

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000

$8,000,000

$9,000,000

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Year

Am

ount

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18

Option B:

City of Dallas Development

Annual Total Revenues

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000

$8,000,000

$9,000,000

$10,000,000

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Year

Am

ount

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19

Option B: Dallas Development

Pros Dallas Park system benefits from sale of park land sale

proceeds cannot contribute directly to offset servicecosts

Land area remains in City of Dallas tax base

Cons Sale requires voter approval Significant challenges remain with regard to utility

service

Dallas incurs negative return of approximately $8 million

over 20 year period Additional service and infrastructure costs will continue

to rise

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20

Option C: Cooperative Development

Rowlett is willing to assist in service

provisions for sale and control of northtract

Area buffers residential neighborhoods

Maintains access and view to Lake RayHubbard

Contiguous to greater part of Rowlett

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21


For sale and control of north tract, Rowlett

will provide: 1st response police and fire

New fire station recently built

Library and Recreation services to COD any residents

on South Tract Total Value of Services: $48 Million

Rowlett to provide utility connections to south tract innecessary capacity for Development

Dallas and Rowlett will sign an interlocalagreement for services

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22


City of Dallas & Rowlett will jointly issue

RFP for 2 appraisals Appraisal instructions to appraise value athighest & best use with utilities

Average of both appraisals will be thesales price of the north tract

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23

Option C:

Cooperative Agreement Development

COD's Annual Total Costs

$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

$3,500,000

$4,000,000

$4,500,000

$5,000,000

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Year

Amount

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24


Pros

Dallas Park system benefits from sale of park land

South tract remains in City of Dallas tax base

Service delivery will be minimal and scaled todevelopment

Even if development does not meet projections, Dallas haslow investment

City realizes positive revenue returns

Cons

Needs voter approval for south tract sale Loss of 142 acres of Dallas tax base

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25


Costs

Improvements:

Streets & Bridges

Capital & Service Costs:

Fire StationFire/Police O & M

Municipal Services**

**Municipal services include parks, recreation, library, etc.

Total Costs

Average Annual Cost**based on 20 year Build Out

RevenuesResident ial Ad Valorem Taxes

Commercial Ad Valorem TaxesSales Tax

Total Revenues

Net Return*based on 20 year Build Out

$65,557,181

$19,619,608

$45,937,573

$34,275,347

$24,189,834$7,092,000

$2,296,879

Option C: Cooperative Agreement Development


Total Park

$1,803,071

$22,287,712$21,846,790

N/A

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26

Elgin B. Robertson Park Development:Comparison of Scenario Annual Costs

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000

$8,000,000

$9,000,000

$10,000,000

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Year

Amou

nt

City of Dallas Development Cost Cooperative Agreement Development Cost

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27

Elgin B. Robertson Park Development:Comparison of Scenario Annual Revenues

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000

$8,000,000

$9,000,000

$10,000,000

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Year

Amount

City of Dallas Development Total Revenue Cooperative Agreement Development Total Revenue

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28

Elgin B. Robertson Park Development:

Comparison of Scenario Total Net Return

(Revenue - Service Cost)

$6,000,000

$5,000,000

$4,000,000

$3,000,000

$2,000,000

$1,000,000

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000$5,000,000

$6,000,000

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Year

Amo

unt

City of Dallas Development Net Return Cooperative Agreement Development Net Return

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29

Additional Issues Sale of park land must be authorized by voters

North tract can be sold to Rowlett without election

Existing marinas have contract ending in 2010

Leaseholder has requested 10-year extension of lease City has not agreed

Value of land may have decreased due to poorreal estate market

Dallas Morning News reported June 2007 to June 2008home prices were down 3.2% in Dallas area

Rowlett/Sachse home sales were down 16% but medianprice rose by 3%

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30

Recommendation Enter into cooperative development

agreement with City of Rowlett Negotiate inter-local agreement for service

provision

Begin appraisal process to determine currentvalue for both tracts

Place on May ballot for voter approval to selltracts

Bring final interlocal agreement and sale priceback to City council for approval

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PAGEINTENTIONALLYLEFTBLANK

City of Dallas

Cash and Investment Summary

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June 30, 2010

06/30/10 03/31/10 Net Change

Face Value 1,606,414,677$ 1,883,350,199$ (276,935,522)$Book Value 1,626,301,915 1,910,288,382 (283,986,467)

Market Value 1,631,986,186 1,916,293,114 (284,306,928)

Accrued Interest 14,420,090 11,261,740 3,158,350

Cash Value 1,646,406,275 1,927,554,854 (281,148,579)

Unrealized Gain (Loss) 5,684,271 6,004,732 (320,461)

Weighted Average Maturity (days) 236 281 -45

Buy Yield 1.28% 1.28% 0.00%

Cash and Investments by Type Book Value % of Portfolio

U.S. Government Treasury Securities 76,190,303$ 4.68%

U.S. Government & Agency Securities

Federal Farm Credit Bank (FFCB) 329,073,419 20.23%

Federal Home Loan Bank (FHLB) 376,358,434 23.14%

Federal Home Loan Mortgage Corporation (FHLMC) 453,226,233 27.87%

Federal National Mortgage Association (FNMA) 316,849,849 19.48%

Total U.S. Government & Agency Securities 1,475,507,935$ 90.73%

Portfolio Summary

Investment Summary by Type

Local Government Investment Pool (TexPool) 43,346,534$ 2.67%

Money Market Mutual Funds 31,257,143$ 1.92%

Total Investments 1,626,301,915$ 100.00%

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PAGEINTENTIONALLYLEFTBLANK

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City of Dallas, Texas

Investment Summary by Security Type & Agency Issuer

For the quarter ending June 30, 2010

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q g ,

By Security Type Face Value Book Value Market Value*UnrealizedGain(Loss)

Weighted AverageMaturity (days) Buy Yield

% of TotalPortfolio

Money Market Mutual Funds 31,257,143$ 31,257,143$ 31,257,143$ -$ 1 0.10% 1.92%

Local Government Investment Pools 43,346,534 43,346,534 43,346,534 - 1 0.15% 2.67%

Treasury Securities 75,000,000 76,190,303 76,478,120 287,817 445 0.74% 4.68%

Agency Securities 1,456,811,000 1,475,507,936 1,480,904,390 5,396,454 237 1.37% 90.73%

Total Portfolio 1,606,414,677$ 1,626,301,916$ 1,631,986,187$ 5,684,271$ 236 1.28% 100.00%

Agency Securities By Issuer Face Value Book Value Market Value

*Unrealized

Gain(Loss) % of Total Portfolio

S&P/Moody's

Ratings

Federal National Mortgage Assoc. (FNMA) 311,370,000$ 316,849,849$ 318,147,266$ 1,297,417$ 19.48% AAA/Aaa

Federal Home Loan Mortgage Corp. (FHLMC) 445,227,000 453,226,234 454,519,869 1,293,636 27.87% AAA/Aaa

Federal Home Loan Bank (FHLB) 373,820,000 376,358,434 378,180,127 1,821,693 23.14% AAA/Aaa

All Portfolios Combined

Federal Farm Credit Bank (FFCB) 326,394,000 329,073,419 330,057,128 983,708 20.23% AAA/Aaa

Total Agency Securities 1,456,811,000$ 1,475,507,936$ 1,480,904,390$ 5,396,454$ 90.73% AAA/Aaa

* Unrealized gain/loss is the difference between the market value and book value and does not represent an actual gain or loss. Gains and losses arerealized only when a security is sold prior to maturity. Since it is the City's practice to hold investments until they mature, the temporary gains and lossesare unlikely to be realized.

4


Activity Summary - All Portfolios Combined

For the quarter ending June 30 2010

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Description Beginning FaceAmount/Shares

Beginning YTM Purchased/Deposited Matured/Withdrew/Sold/Called

Ending FaceAmount/Shares

EndingYTM

FFCB Bond 369,819,000 1.63 10,000,000 53,425,000 326,394,000 1.45

FHLB Bond 388,290,000 1.92 7,530,000 22,000,000 373,820,000 1.84

FHLMC Bond 480,982,000 1.18 - 35,755,000 445,227,000 1.10

FNMA Bond 348,495,000 1.22 - 37,125,000 311,370,000 1.09

Local Government Investment Pool 95,524,534 0.11 196,922,000 249,100,000 43,346,534 0.15

Money Market 54,036,196 0.06 6,324,752 29,103,805 31,257,143 0.10

Treasury Bond 75,000,000 0.74 - - 75,000,000 0.74

Total / Average 1,812,146,730 1.33 220,776,752 426,508,805 1,606,414,677 1.28

Trade Activity

5


Activity Summary - All Portfolios Combined

For the quarter ending June 30 2010

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Broker/Dealer Awarded % Broker/Dealer Awarded %

Bank of America - National 130,000,000 17.89 First Southwest - Regional 4,990,000 28.47Coastal Securities - Regional 91,830,000 12.64 Rice Financial - MWBE 2,540,000 14.49

First Southwest - Regional 88,990,000 12.25 Wells Fargo - Regional 10,000,000 57.04

Jefferies & Co. - National 100,000,000 13.76 Total 17,530,000 100.00

JPMorgan - National 81,570,000 11.23

Loop Capital - MWBE 107,000,000 14.73

Morgan Keegan & Co. - Regional 50,000,000 6.88

Rice Financial - MWBE 28,140,000 3.87

Wells Fargo - Regional 40,000,000 5.50

Williams Capital - MWBE 9,100,000 1.25

Total 726,630,000$ 100.00

Dealer Activity Q3 FY10

42.88%

37.27%

BrokerDealerActivityFY0910toDate

NationalDealersMWBEDealers

National Dealers 311,570,000 42.88

MWBE Dealers 144,240,000 19.85

Regional Dealers 270,820,000 37.27

Total 726,630,000$ 100.00

Section 9 of the City's investment Policy requires the annual review and adoption of a list of qualified broker/dealers. These firms represent the brokerdealer firms that are currently approved by the Investment Committee as of October 16, 2009.

It is the City's Practice to solicit three or more competive bids/offers each trade.

19.85%

6

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Yield Comparison - Investment Pool


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1.61E+09

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

4.00%

un-

09

ep-

9 ec-

9 ar-

10

un-

10

Yield

Yield Comparison

Series1 Series2

J S D J

* As per Section 17.1 of the City's Investment Policy, the benchmark for the Investment Pool is the 12-month moving average yield on treasury 1 - yearconstant maturities as reported by Federal Reserve Statistical Release H.15.

8


Maturity Analysis - Investment Pool


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0

100

200

300

400

500

600

Jun-

09

Sep-

09

Dec-

09

Mar-

10

Jun-

10

Days

Weighted Average Maturity

Investment Pool

Maximum

Investment Maturity Schedule - % of Total Pool

Current 1st Qtr 3 Months 1 Year Ago 1 Year

Mnths/Yrs to Maturity 6/30/2010 3/31/2010 Net Change 6/30/2009 Net ChangeLess than 3 months: 27.0% 14.1% 12.9% 23.8% 3.2%

3 months to 6 months: 14.3% 20.4% -6.1% 4.9% 9.4%

6 months to 9 months: 22.4% 12.6% 9.8% 19.3% 3.1%

9 months to 1 year: 9.5% 18.8% -9.4% 5.6% 3.9%

1 year to 2 years: 26.8% 32.9% -6.1% 45.3% -18.5%

2 years to 5 years: 0.0% 1.2% -1.2% 1.1% -1.1%

Total: 100.0% 100.0% 100.0%

9

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Water Commercial Paper Program


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SUMMARY STATEMENT

Current Prior Qtr Period

6/30/2010 3/31/2010 Net Change

Face Value - Money Market Mutual Funds 16,518,379$ 25,368,669$ (8,850,290)$

Book Value - Money Market Mutual Funds 16,518,379$ 25,368,669$ (8,850,290)$

Market Value - Money Market Mutual Funds 16,518,379$ 25,368,669$ (8,850,290)$

Accrued Interest 1,044$ 1,807$ (763)$

Cash Value (Market Value + Accrued Interest) 16,519,423 25,370,476 (8,851,053)

Unrealized Gain(Loss) - - -Weighted Average Days to Maturity 1 1 0

Buy Yield 0.11% 0.14% -0.03%

Portfolio Composition - % of Book Value

Money Market Mutual Funds 100.00% 100.00% 0.00%

STRATEGY STATEMENT

0.00%

STRATEGY COMPLIANCE STATEMENT

0.00%

Water Utilities issues tax-exempt commercial paper notes as an interim financing tool for construction projects. Proceeds from the issuance of commercial paper debt must be liquid in

order to fund periodic payments to contractors and must be invested in tax-exempt securities in order to avoid costly and complex arbitrage rebate computations. In order to meet theserequirements, commercial paper proceeds will be invested in tax-exempt money market mutual funds. The objectives of this portfolio are to: a) ensure safety of principal by investingonly in AAA-rated tax-exempt money market mutual funds; b) ensure that anticipated cash flows are matched with adequate investment liquidity; c) manage market and credit riskthrough diversification; and d) attain a market value commensurate with the objectives and the restrictions set forth in the Investment Policy and governing bond ordinances.

For the quarter ending March 31, 2010 the Water Commercial Paper Program Portfolio is in compliance with the relevant provisions of the Public Funds Investment Act and theinvestment strategy adopted in Sec. 17.7 of the City's Investment Policy.

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Trinity Parkway Escrow


SUMMARY STATEMENT

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SUMMARY STATEMENT


6/30/2010 3/31/2010 Net Change

Face Value - Money Market Mutual Funds 2,188,446$ 3,154,230$ (965,784)$

Book Value - Money Market Mutual Funds 2,188,446$ 3,154,230$ (965,784)$

Market Value - Money Market Mutual Funds 2,188,446$ 3,154,230$ (965,784)$

Accrued Interest -$ 768.85$ (769)$

Cash Value (Market Value + Accrued Interest) 2,188,446 3,154,999 (966,553)

Unrealized Gain(Loss) - - -Weighted Average Days to Maturity 1 1 0

Buy Yield 0.17% 0.12% 0.05%



STRATEGY STATEMENT


0.00%

The Trinity Parkway Escrow portfolio was created with the deposit of $5,000,000 on November 16, 1999 in an escrow account in accordance with an Agreement dated as of January

1, 1999 between the City and the North Texas Tollway Authority ("NTTA") pertaining to development of the Trinity Parkway. These funds will be used to reimburse NTTA for specifiedpayments related to project feasibility. Permitted investments for this account are defined in the Escrow Agreement as those that are consistent with the Public Funds Investment Act.The objectives of this portfolio are to: a) ensure safety of principal by investing only in high-quality securities for which a strong secondary market exists; b) ensure that anticipatedcash flows are matched with adequate investment liquidity; c) manage market and credit risk through diversification; and d) attain a market rate of return commensurate with theobjectives and restrictions set forth in the Agreement.

For the quarter ending March 31, 2010 the Trinity Parkway Escrow portfolio is in compliance with the provisions of the Public Funds Investment Act and the investment strategyadopted in Sec. 17.8 of the City's Investment Policy.

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Oncor Electric Escrow


SUMMARY STATEMENT

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SUMMARY STATEMENT


6/30/2010 3/31/2010 Net Change

Face Value - Money Market Mutual Funds 539,692$ 4,552,097$ (4,012,405)$

Book Value - Money Market Mutual Funds 539,692$ 4,552,097$ (4,012,405)$

Market Value - Money Market Mutual Funds 539,692$ 4,552,097$ (4,012,405)$

Accrued Interest -$ 1,083$ (1,083)$

Cash Value (Market Value + Accrued Interest) 539,692 4,553,180 (4,013,488)

Unrealized Gain(Loss) - -Weighted Average Days to Maturity 1 1 0

Buy Yield 0.17% 0.12% 0.05%




For the quarter ending March 31, 2010 the Oncor Electric Escrow portfolio is in compliance with the provisions of the Public Funds Investment Act and the investment strategyadopted in Sec. 17.8 of the City's Investment Policy.

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Documents

8-27-10 Memos