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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 authorized <br />by Sections 53601 and 53635 of the California Government Code and <br />which are eligible: for inclusion in the Treasurer's portfolio. <br />Investment in any security, other than those -authorized on this <br />list, is prohibited. <br />Authorized Securit%es <br />U.S. Treasury Bills <br />U.S. Treasury Notes and Bonds <br />Federal Farm Credit: Bank Notes <br />Federal Intermediate Credit Bank <br />Banks for Cooperatives <br />Federal Land Banks <br />Federal Home Loan Banks <br />Federal National Mortgage Association <br />Bankers Acceptances both Foreign and Domestic <br />Commercial Paper <br />Negotiable Certificates of Deposit <br />Repurchase Agreements <br />Collateralized (Inactive) Time Deposits <br />Corporate Medium Term Notes <br />Notes <br />Purchase Restrictions <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />2,3 <br />4,5 <br />1,6,7 <br />8 <br />1,9 <br />1,10 <br />1. All maturities are limited to a period of 60 months (5 years) <br />from the date sof 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 size <br />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 (P-1)' <br />by Moody's or (Aol+) by Standard & Poors. 11 <br />1 <br />