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CITY OF LINO LAKES, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 1992
<br />Page 9 of 19
<br />f) Repurchase or reverse repurchase agreements with banks that are members of the Federal Reserve
<br />System with capitalization exceeding $10,000,000; a primary reporting dealer in U.S. government
<br />securities to the Federal Reserve Bank of New York; certain Minnesota securities broker - dealers; or, a
<br />bank qualified as a depositor.
<br />Balances at December 31,1992:
<br />Securities Type
<br />Federal National Mortgage
<br />Association
<br />Government National
<br />Mortgage Association
<br />Federal Home Loan Mortgage Corp
<br />Treasury Securities
<br />Repurchase Agreement
<br />Federal Farm Credit Bank 100,000
<br />Federal Home Loan Bank 245,773
<br />Totals $2,559,194
<br />Credit Risk Category
<br />1 2 3
<br />$361,013
<br />326,715
<br />1,525,693
<br />Investment pools
<br />Total investments
<br />Deposits
<br />Petty cash
<br />Totals
<br />Cash and investments with escrow agent
<br />Carrying Market
<br />Amount Value
<br />$400,000 $761,013 $766,041
<br />326,715 335,396
<br />343,656 343,656 343,656
<br />1,525,693 1,528,488
<br />596,850 596,850 596,850
<br />100,000 100,000
<br />350,000 595,773 597,402
<br />$0 $1,690,506 4,249,700 $4,267,833
<br />Assets held by deferred compensation plan administrator
<br />1,431,852 1,427,999
<br />5,681,552 $5,695,832
<br />3,501,395
<br />150
<br />$9,183,097
<br />$78,988
<br />$224,960 $224,960
<br />The City's investments are categorized above to give an indication of the level of risk assumed at year-
<br />end. Category 1 includes investments that are insured or registered or for which the securities are held
<br />by the City or its agent in the City's name. Category 2 includes uninsured or unregistered investments
<br />for which the securities are held by the counterparty's trust department or agent in the City's name.
<br />Category 3 includes uninsured and unregistered investments for which the securities are held by the
<br />counterparty or by its trust department or agent but not in the City's name.
<br />Cash and investments with escrow agent consist of undisbursed proceeds of the Public Project Bonds of
<br />1990 which are restricted for the construction and payment of debt associated with the City's fire
<br />station.
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