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Treasurer <br />City of Colton <br />Statement of Investment Policy <br />Schedule 1 <br />The following list comprises those investments which are <br />authorized by Sections 53601 and 53635 of the California <br />Government Code and which are eligible for inclusion in the <br />Treasurer's portfolio. Investment in any security, other than <br />those authorized on this list, is prohibited. <br />Authorized Securities Purchase Restrictions <br />U.S. Treasury Bills <br />1 <br />U.S. Treasury Notes and Bonds <br />1 <br />Federal Farm Credit Bank Notes <br />1 <br />Federal Intermediate Credit Bank <br />1 <br />Banks for Cooperatives <br />1 <br />Federal Land Banks <br />1 <br />Federal Home Loan Banks <br />1 <br />Federal National Mortgage Association <br />1 <br />Bankers Acceptances both Foreign and Domestic <br />2,3 <br />Commercial Paper <br />4,5 <br />Negotiable Certificates of Deposit <br />1,6,7 <br />Repurchase Agreements <br />g <br />Collateralized (Inactive) Time Deposits <br />1,9 <br />Notes: <br />1. All maturities are limited to a period of 60 months (5 -years) <br />from the date of purchase. <br />2. Maturities may not exceed 270 days nor exceed 40% of the <br />portfolio at the time of purchase. <br />3. Purchases are limited to the world's 100 largest banks by <br />size of deposits. <br />4. Maturities may not exceed 61 days, nor exceed 30% of the <br />Treasurer's portfolio. <br />5. Purchases are restricted to corporations organized and <br />operating within the United States, and having assets in <br />excess of $500,000,000. Commercial paper must be rated <br />(P-1) by Moody's or (A-1+) by Standard & Poors. <br />5 <br />