HomeMy WebLinkAbout2001-08-21 Info Packet of 8/2 CITY COUNCIL INFORMATION PACKET
MISCELLANEOUS ITEMS I
IP1 Meeting Schedule and Tentative Work Session Agendas
IP2 Memorandum from City Manager: PCRB Complaint 01-01
iP3 Letter from City Manager to Alexandria Schaeffeh Highland Avenue
IP4 Letter from Michael Beck (IC Press Citizen) to City Manager: Newspaper Kiosks
IP5 Letter from Senator Charles Grassley to City Manager: Water and Wastewater
Infrastructure
IP6 Letter from Assistant City Manager to Tim Finer (Hills Bank and Trust Co): PATV
IP7 Email from Carol DeProsse to JCNEWS: Charter Amendments [2]
IP8 City of Iowa City Quarterly Investment Report - March 31, 2001 - June 30,
2001
City Council Meeting Schedule and
Tentative Work Session Agendas
August 20 Monday
6:30p COUNCIL WORK SESSION Emma J. Ha/vat Hall
August 2t Tuesday
7:00p FORMAL COUNCIL MEETING Emma J. Ha/vat Hail
September 3 Monday
CITY OFFICES CLOSED - LABOR DAY
September 5 Wednesday
4:00p SPECIAL COUNCIL WORK SESSION Coralville Council Chambers
· Joint Meeting with JC Board of Supervisors, IC School Board, and Cities
of Coralville and North Liberty
September 10 Monday
6:30p SPECIAL COUNCIL WORK SESSION Council Chambers
September 11 Tuesday
7:00p SPECIAL FORMAL COUNCIL MEETING Council Chambers
September 24 Monday
6:30p SPECIAL COUNCIL WORK SESSION Council Chambers
Meeting dates/times subject to change
FUTURE WORK SESSION ITEMS
Dog Park Airport North Commercial Area Agreement
Downtown Historic Preservation Survey Sidewalks
Downtown Dumpster Permitting City Web Site
City of Iowa City
MEMORANDUM
DATE: July 27, 2001
TO: PCRB
FROM: / City Manager
RE: PCRB Complaint 01-01
After issuance of the PCRB report/findings in complaint 01-01, I reviewed the internal
investigation and Chiers report with our Police staff in comparison with the PCRB
findings. As a part of this review, several questions have arisen which the police were
unable to answer for me. Apparently, my questions may be answered by the PCRB's
investigative report, as it appears that representatives of the PCRB conducted additional
interviews with the complainant and her son. I assume that a summary of these
interviews is part of the PCRB's investigative report, and I believe this additional
information would be helpful to me in understanding the divergence of findings between
the Chief and the PCRB. I respectfully request that a copy of your investigative report
be forwarded to me so I may discuss its contents with appropriate police staff and
reconcile the findings of the Chief and the PCRB.
Additionally, I believe that the additional information gathered by members of the Board
was essential to the Board's legal analysis and conclusions. It appears to me the
Board's legal conclusions may indicate a difference of opinion between the PCRB
attorney and our City Attorney's Office, who I rely upon for my legal guidance. This
difference of opinion, I believe, is important as it relates to the issue of consent
searches. The additional information upon which the Board formulated its legal
conclusions is necessary to fully understand the Board's analysis and formulate any
actions we may take as a result of those conclusions, such as developing new
operational policies and/or training.
Thank you for your cooperation.
CC: City Council
Chief of Police
City Attorney
mgr/rnem/pcrb01-01 .doc
July 26, 2001
,¢_ Citl
Ms. Alexandria Schaeffel
1321 Marcy Street
Iowa City, IA 52240
Re: Your letter of July 14, 2001
Dear Ms. Schaeffel:
Thank you for your letter of July 14, 2001 directed to the City Council. I have taken the liberty of
responding. Neighborhood traffic issues are among our most frustrating problems, in that there
are limits as to what action the City Council can take to control the behavior of individual
motorists. I will attempt to respond to the concerns raised in your letter.
The issue of using stop signs to control the speed of traffic is one in which the City has taken a
somewhat different approach in recent years. The purpose of a stop sign is to make motorists
stop. Stop signs are not intended to make vehicles simply slow down. Using stop signs where
they are not warranted in an attempt to control traffic speeds in neighborhoods breeds overall
contempt for stop signs and traffic control devices in general. Although vehicle speeds are
reduced, there is a new set of problems introduced to the neighborhood in that vehicles no
longer stop at stop-sign controlled intersections; they just roll through. This creates what we
believe is a significant safety hazard for pedestrians. For this reason I cannot concur with your
conclusion that the basket weave stop sign program implemented in the Goosetown, Creekside,
and Northside neighborhoods several years age was a success. The City Council has generally
concurred with our traffic staff in recent years that it is not a good idea to use stop signs in
neighborhoods to control traffic speeds.
The City Council has discussed the Highland Avenue situation on several occasions and indicated
the existing situation is what they prefer, although they recognize this does not meet with the
satisfaction of some residents in the Highland Avenue neighborhood. Although you are correct
that Highland Avenue is a relatively high-volume collector street with between 2,000 and 3,000
vehicles per day, I must note that it is still significantly lower than Kirkwood Avenue, which ranges
between 9,000 and 15,000 vehicles per day. After our negative experience with the traffic calming
chicanes on Highland Avenue I do not believe the City Council is likely to install tree islands within
the street right-of-way as you have suggested.
It is apparent that several residents of Highland Avenue were not satisfied with the decision
made by the City Council to keep the stop signs in place on Kirkwood Avenue at the Keokuk
Street and Dodge Street intersections. However, this was the City Councit's decision, and I do
not believe they are inclined to revisit the issue at this time. The embargo of large vehicles on
Kirkwood Avenue is often ignored by the motering public. It is not uncommon to see large trucks
on Kirkwood Avenue. It is very difficult to enforce these regulations. Stopped truckers are often
lost, or have made an incorrect turn, etc. It is difficult to issue a citation for a mistaken turn.
I have also not seen any inclination on the part of the City Council to address closing Highland
Avenue so that it is no longer a through street. While this would certainly reduce the volume of
traffic on Highland Avenue, it would simply divert traffic to other streets in yours and other
410 EAST WASHINGTON STREET · IOWA CITY, IOWA 52240-1826 · (319) 356 5000 · FAX (319) 356-5009
Ms. Alexandria Schaeffel
July 25, 2001
Page 2
neighborhoods where I am sure there would be similar sensitivities to traffic issues. The City will
continue to monitor the traffic situation on Highland Avenue and to direct the police department
to conduct periodic speed enforcement. Unfortunately, what we have found in our various
strategies of attempting to slow vehicular traffic through residential areas is that enforcement by
the police department is the most consistently effective strategy. It also presents other problems
in that many arrests (speeding citations) are enforced on neighborhood residents.
Sincerely,
City Manager
cc: Jeff Davidson
Chief of Police
rngr/Itrlschaeffeldoc
Citized
'P4
m
1725 N. Dodge St · P.O. Box 2480 · Iowa City, IA 52244 · 319f~37-3181
July 30, 2001
Steve Atkins
City Manager
410 E. Washington
Iowa City, IA 52240
Dear Steve,
The Press-Citizen reluctantly has submitted applications for the pilot kiosk newspaper
vending program. Given our position of last year, I'd like to let you know where we
stand.
First, I want to say that I appreciate your allowing our racks to remain on City Plaza. We
think it's important that the public have reasonable access to news and information.
Despite changes in your proposal in response to our comments, I still have concerns.
I strongly object to the use of a lottery to determine kiosk vendors. The lottery, in the
case of competition for a particular distribution space, presents both economic and
constitutional problems. Simply, newspaper sales locations should be determined by a
free market and not by chance.
How will the city conduct the lottery? Can it ensure a fair resolution? A lottery cannot
substitute for reader demand, account for "shelf life" or substitute for the publisher's
judgement.
As well, I question the value of the pilot program. The city probably will use a lottery to
determine the mix of publications, but that mix will change. As the mix changes, the
results will change. You'll need to ask: What was driving sales at this location? The
product mix? The location? Seasonality? The pilot program will not "provide valuable
information for future considerations."
So, given my perspective, why am I agreeing to participate? Steve, it's this simple: I'm
afraid not to. If I do not participate, other publications will increase their availability and
presence. That could affect my business. It could affect the public's access to news and
information.
Steve Arkins
July 30, 2001
Page 2
I would love to present a fool-proof solution to the situation. I'm afraid I don't have one.
A selection process based on frequency, distribution and community footprint might
make some sense.
I realize there never will be consensus on this issue. When I see a row of newspaper
vending machines, I see a marketplace of ideas and flee speech in action. The number of
vendors reflects the intelligence and concern of the community. Some people simply see
clutter.
I don't want to see us take a step backward, to curb access to information for the sake of
appearance. And I certainly don't want to leave the First Amendment up to chance.
Thanks for hearing me out. If you would like to discuss this further, I'd be happy to chat.
~!ch,~el Beck
cc: City Council, Iowa City
REPLY TO: REPLY
[] 135 HART SENATE OFFICE BUILDING [] 103 FEDERAL
32o.T. BT. IP5
WASHINGTON, DC 20510 1501 x2C3~'8~
TTY: (202) 224~A79
~ 721 FEDERAL BUILDING 531 COMMERCIAL STREET
210 WALNUT STREET CHARLES E. GRASSLEY WATERLOO. IA 50701 5497
DES MOINES, IA 50309 2140 (319) 232~657
(515~ 2844890
WASHINGTON, DC 20510-1501 H lIBFEDERAL BUILDING
~ 206 FEDERAL BUILDING 131 E. 4TH STREET
101 ISTSTREETSE ~y Z9 f 200Z DAVENPORT, IA52801 1513
CEDAR RAPIDS, IA 52401 1227 (563) 3224331
(319) 363-6832
' H 307 FEDERAL BUILDING
~ SOUTH 6TH STREET
COUNCIL BLUFFS, IA 515014204
Mr. Stephen J. Atkins / (712) 3227103
Office of the City Manager
410 East Washington Street
Iowa City, Iowa 52240
Dear Mr. Atkins:
Thank you for contacting me. Your thoughts and views are
important to me. Please accept my apolo~ for the delay in my
response.
I ~ glad that you have kept me infomed of your efforts in Iowa
City to improve your water and wastewater infrastructure. I
always happy to work on the behalf of Iowa's co~unities to
provide th~ with federal assistance.
I ~ unaware of any new progr~s that would be ~le to provide
you with any assistance. I have and will continue to monitor the
efforts of the Senate Co~ittee on Enviro~ent and P~lic Works
with regard to this matter. I know that it is often difficult to
receive funds in rei~urs~ent for completed work, nevertheless,
be assured that I will continue to work to provide federal
assistance for Iowa co~unities. Your co~ents will continue to
be helpful to me throughout this process.
Thank you again for sharing your thoughts with me. If you have
any future co~ents or concerns, please do not hesitate to
contact me.
Sincerely,
Charles E. Grassley
United States Senator
CEG/dv
RANKING, Committee Assignments: CO-CHAIRMAN,
FINANCE BUDGET INTERNATIONAL NARCOTICS
JUDICIARY CONTROL CAUCUS
PRINTED ON RECYCLED PAPER
CRy
July 31, 2001 C
Mr. Tim D. Finer, Vice President
Hills Bank and Trust Company
1401 S. Gilbert Street
Iowa City, IA 52240
Dear Tim:
The City Council of Iowa City has directed that PATV, Inc. be provided $125,000 as partial
funding for its acquisition and renovation of the property at 730 S. Dubuque Street, subject to
cedain conditions to which the City and PATV have tentatively agreed. These conditions,
outlined and explained in my enclosed memorandum to the Iowa City Telecommunications
Commission and the City Council, represent the basic concepts upon which a formal agreement
between the City and PATV will be predicated. The formal agreement will be executed prior to
the closing on the purchase of the property and the release of any funds by the City.
The City will work with PATV and Hills Bank and Trust to formulate the agreement which will
address the needs and concerns of PATV and Hills Bank and Trust with regard to the terms of
the mortgage, consistent with the City Council's directive.
Please let me know if I can provide any further information or clarification regarding this matter.
Sincerely,
Dale E. Helling
Assistant City Manager
cc: City Council
Iowa City Telecommunications Commission
Drew Shaffer, Iowa City Cable TV Administrator
Andy Matthews, Assistant City Attorney
Rene Paine, Director, PATV, Inc.
mgr/asst/ltrs/finerdoc
410 EAST WASHINGTON STREET · IOWA CITY. [OWA 52240-1826 - (~191 356 5000 * FAX (~19) 356 5009
Dale Helljng
Subject: FW: Purchase of Building
Date: July 30, 2001
To: C,ity Council/Iowa City Telecommunications Co ission
e t A c
1. The City will provide partial funding for the project in the amount of
$125,000.00.
2. The City will hold a lien on the property in the amount of $125,000.00 which
will place the City in a second position behind the mortgage lending institution
(Hills Bank). This lien will exist unless and until either the provision of services
by PATV terminates as provided in #6 below, or the lien is in some fashion
released by a mutually negotiated agreement between the City and PATV in the
future.
3. PATV shall lease space in this facility at a market rate as determined by a
competent source and agreed upon by the City, and shall enter into a minimum
5 year lease with its tenant(s).
4. PATV shall continually occupy this facility in whole or in part for the purpose
of providing the services for which it has entered into its contract with the City.
5. Property must appraise out at purchase price or higher, and if possible, shall
include in the appraisal a valuation of alterations to be made to the building.
City will take a security interest in PATV equipment if the $125,000.00 is not
otherwise fully collateralized.
6. Notwithstanding any provisions in PATV"S Articles of Incorporation or By-
laws, and as a condition for the City providing $125,000 to PATV to assist PATV
in purchasing property for PATV facilities, should any of the following occur,
PATV agrees that PATV's assets, including any real estate and equipment, shall
be conveyed by PATV to an
organization or entity which the City may designate, and which may include the
City, to provide public access/community programming services and
offerings.
a. Termination for any reason of the agreement between the City and PATV
for the provision of public access/community programming services to the
community, including termination for failure to perform as provided in that
agreement.
b. Dissolution of PATV as a private, non-profit corporation under the laws of
Iowa.
c. Failure by PATV to meet its obligations to repay its mortgage loan for the
acquisition of this property.
7. Prior to any disbursement of funds, PATV shall provide the City with a
detailed construction plan and specifications to be submitted to the City's
Housing and Inspection Dept. for permit approval, for the alterations to be
made to the building. All expenditures for alterations to the building will be
consistent with said construction plan. Prior to any disbursement for payment
of alteration costs, PATV shall submit to the City a statement of charges for
materials and services, which shall include copies of the actual billing
statements received by PATV from material suppliers, contractors, and/or other
service providers. The City shall promptly review statements for eligibility for
payment, and upon approval, shall promptly issue a negotiable draft jointly
payable to PATV and the eligible provider. The above notwithstanding, PATV
shall bear sole responsibility for any and all costs associated with the purchase
and alteration/repair of this building.
08-02-01
Marian Karr IP7
From: Carol DeProsse [cdeprosse@earthiink.net]
Sent: Monday, July 30, 2001 10:59 PM
To: jcnews@yahoogroups.com
Cc: Connie_Champion@iowa-city.org; Ernie_Lehman@iowa-city.org; Ross_Wilburn@iowa-
city.org; Dee_Vanderhoef@iowa-city,org; ipfab@avalon.net; Steve_Atkins@iowa-city.org;
jpwhite@co.johnsoniaus; cthompso@co.johnson.ia.us; mlehman@co.johnson.ia.us;
sstutsma@co.johnson.iaus; pharney@co.iohnson.ia.us; tneuzil@co.iohnson.ia.us;
tineuzil@msn.com; carolt@inav. net; mary_mascher@legis.state.ja.us;
vicki_iensing@legis.state.ia.us; joe_bolkcom@legis.state.ia.us;
barry_brauns@legis.state.ia.us; ro_foege@legis.state.ia.us; richard_myers@iegis.stateia.us;
Jim Fausett; Harry Herwig; John Weihe; Diana Lundell; Dave Jacoby; Jean Schnake
Subject: Re: [jcnews] Charter Amendments
Charlie,
Thank you for signing all three petitions, even though at this time you
state that you are leaning toward support of only two of them. It is very
important that people who sign our petitions are aware that they are not
endorsing them but rather authorizing them to get on the ballot, in order
that the full spirit of democracy--epitomized by vigorous public debate on
the issues--can ensue.
Carol
>From: "Charles Major" <chamajor@inav.net>
>To: <jcnews@yahoogroups.com>
>Subject: Re: [jcnews] Charter Amendments
>Date: Mon, Jul 30, 2001, 6:03 PM
Carol, I hope to sign your 3 petitions tonight or in in near future. I am
leaning toward supporting #1 and #3 but at this time am not supporting #2
(expanding the powers of and making The PCRB permanent).I look forward to
the public debate ahead. I read yesterday that the Des Moines-Polk County
proposal of one county government will have an elected mayor or leader. I
believe this will be on the ballot in 2002 in Polk County. I believe there is
already a brisk effort underway to provide a lot of misinformation on these
proposed ballot issues.
CharlieMajor
..... Original Message .....
From: Carol DeProsse <cdeprosse@earthlink.net>
To: <jcnews@yahoogroups.com>; <icprogs@yahoogroups.com>
Sent: Monday, July 30, 2001 2:27 PM
Subject: [jcnews] Charter Amendments
>> For information regarding the charter amendments, don't forget our website
>> http://www.charteramendments.org where you will find lots of valuable
>> information. Also where you can go to sign our petitions if you have not
>> already done so.
>>
>> Eleanor Dilkes' opinion was pretty poor and pretty petty. There will be a
>> response in the papers in a week or so.
>>
>> Petition gathering goes well, we hope you will join hundreds of others and
>> help us get these on the ballot this November 6.
>>
>>
1
>> TO unsubscribe from this group, send an email to:
>> jcnews-unsubscribe@yahoogroups.com
>>
>>
>> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>>
>>
>>
>
>
>
> To unsubscribe from this group, send an email to:
> jcnews-unsubscribe@yahoogroups.com
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
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Marian Karr
From: Carol DeProsse [cdeprosse@earthlink.net]
Sent: Tuesday, July 31, 2001 10:56 AM
To: jcnews@yahoogroups.com; icprogs@yahoogroups.com; slp@list.uiowa.edu
Cc: Connie_Champion@iowa-city.org; Ernie_Lehman@iowa-city.org; Ross_Wilburn@iowa-
city.org; Dee_Vanderhoef@iowa-city.org; ipfab@avalon.net; Steve_Atkins@iowa-city.org
Subject: [jcnews] Proposed Charter Amendments
A review of the State Code Annotated indicates no authority for the
preposition that a retention vote on city officials is not allowable under
law.
There is nothing in the Code specifying that Charter amendments that entail
policy creation are not legal.
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CITY OF IOWA CITY
QUARTERLY
INVESTMENT REPORT
MARCH 31, 2001
to
JUNE 30, 2001
Finance Department:
Prepared by:
Sara Sproule
Senior Accountant
OVERVIEW
The City of Iowa City's investment objectives are safety, liquidity and yield. The primary
objective of the City of Iowa City's investment activities is the preservation of capital and
the protection of investment principal. The City's investment portfolio remains sufficiently
liquid to enable the City to meet operating requirements that cash management
procedures anticipate. In investing public funds, the City's cash management portfolio is
designed with the objective of regularly exceeding the average return on the six-month
U.S. Treasury Bill. The Treasury Bill is considered a benchmark for riskless investment
transactions and therefore comprises a minimum standard for the portfolio's rate of
return. The average return on the six-month Treasury Bill, as obtained from the monthly
publication Public Investor, was 4.08% at 3/30/01 and was 3.47% at 6/22/01. The
investment program seeks to achieve returns above the benchmark, consistent with risk
limitations and prudent investment principles.
The quarterly investment report lists investments by fund, by institution, by maturity date,
and investments purchased and redeemed.
Rates on new investment purchases were approximately 145 to 230 basis points lower
on investments purchased in the second quarter of 2001 than on investments maturing
in the second quarter of 2001. This is consistent with the Federal Reserve decreases in
the federal funds rate during calendar year 2001. The Federal Reserve decreased the
federal funds rate three times in the first quarter of 2001 and an additional three times
in the second quarter of 2001. The Federal Reserve decreased the federal funds rate
by a half percentage point on each of five occasions, for a total of 250 basis points and
on the last occasion by a quarter percentage point. The federal funds rate is the interest
rate at which banks lend to each other. The latest decrease brought this rate to its lowest
point in seven years. This rate was 3.75 percent in the second quarter of 2001 and was
6.50 percent in the second quarter of 2000.
Basis Point
Time Period Federal Funds Rate Increasel(Decrease)
2nd Quarter 1999 4.75-5.00 25
3~d Quarter 1999 5.00-5.25 25
4th Quarter 1999 5.25-5.50 25
1 st Quarter 2000 5.50-6.00 50
2nd Quarter 2000 6.00-6.50 50
1st Quarter 2001 6.50-5.00 (150)
2nd Quarter 2001 5.00-3.75 (125)
The City continues to see a decrease in rates obtained on investments being placed in
the second quarter of 2001. Rates on new investments ranged from 4.16% to 5.00%.
CITY OF IOWA CITY
INVESTMENTS ON HAND
SUMMARY BY FUND
6/30/01 6/30/00
INSTITUTION INVESTMENT INVESTMENT
NAME AMOUNT AMOUNT
ALL OPERATING FUNDS 71,250,242.90 64,714,879.54
GENERAL OBLIGATION BOND FUND 0.00 0.00
EMPLOYEE BENEFIT RESERVE FUND 2,350,000.00 2,600,000.00
BOND RESERVE FUND 19,030,164,00 18,397,997.00
TOTAL 92,630,406.90 85,712,876.54
CITY OF IOWA CITY
INVESTMENTS ON HAND
LISTING BY INSTITUTION
6130/01 6/30/00
INSTITUTION INVESTMENT INVESTMENT
NAME AMOUNT AMOUNT
BRENTON BANK (NOW WELLS FARGO) 0.00 8,200,000.00
COMMERCIAL FEDERAL BANK 28,886,435.56 663,221.00
FIRSTAR BANK 3,503,633.99 34,424,575.00
FREEDOM SECURITY BANK 2,400,000.00 0.00
HAWKEYE STATE BANK 5,300,000.00 7,400,000.00
HILLS BANK &TRUST 6,439,744.00 3,500,000.00
IOWA STATE BANK 13,900,000.00 13,100,000.00
IOWA PUBLIC AGENCY INVESTMENT TRUST 4,758,969.35 6,325,879.54
UNION PLANTERS BANK 3,880,400.00 3,880,400.00
WELLS FARGO BANK 13,518,463.00 2,718,463.00
U OF I COMM CREDIT UNION 9,842,761.00 5,300,338.00
US TREASURY NOTES AND AGENCIES 0.00 0.00
VAN KAMPEN 200,000.00 200,000.00
TOTAL 92,630,406.90 85,712,876.54
CITY OF IOWA CITY
INVESTMENTS ON HAND
DETAIL LISTING BY MATURITY DATE
6130101
INSTITUTION INVESTMENT PURCHASE MATURITY INVESTMENT INTEREST
NAME TYPE DATE DATE AMOUNT RATE
VAN KAMPEN GOVT MUTUAL FUND 22-Jul-85 N/A 200,000.00 VARIABLE
NORWEST BANK SAVINGS 1-Dec~99 N/A 200,000,00 VARIABLE
HAWKEYE STATE BANK SAVINGS 18-Jul-97 N/A 1,500,000.00 VARIABLE
IOWA PUBLIC AGENCY INVEST. TRUST IPAIT 3-Jun-00 N/A 1,250,000.00 VARIABLE
IOWA PUBLIC AGENCY INVEST. TRUST IPAIT 19-Jul-00 N/A 3,508,969,35 VARIABLE
FIRSTAR BANK CD 29-Jun-01 31-Ju1~01 268,05899 598
UNION PLANTERS BANK CD 3-Oct-97 30-Jun-01 119,000.00 6.25
BRENTON BANK CD 23-Mar-00 2-Jul-01 1,200,000.00 6.73
IOWA STATE BANK CD 11-Apr-00 2-Jul-01 1,500,000,00 6.76
COMMERCIAL FEDERAL BANK CD 10-OcF00 2-Jul-01 2,300,000,00 6.65
BRENTON BANK CD 6-Jul-00 6-Jul-01 900,000,00 7.05
HAWKEYE STATE BANK CD 3-Aug-00 13-Jul-01 1,100,000.00 7,30
FREEDOM SECURITY BANK CD 14-Sep-00 16-Jul-01 1,200,000,00 7.10
IOWA STATE BANK CD 22-Sep-00 27-Jul-01 1,100,000.00 6,91
HILLS BANK CD 9-Oct-00 1-Aug-01 1,200,000.00 6,95
COMMERCIAL FEDERAL BANK CD 10-Oct-00 10-Aug-01 1,100,000,00 6.71
FREEDOM SECURITY BANK CD 10-Oct-00 15-Aug-01 1,200,000.00 6.76
IOWA STATE BANK CD 10-Oct-00 24-Aug-01 1,100,000.00 6.91
IOWA STATE BANK CD 10-Oct-00 31-Aug-01 1,200,000.00 6.91
COMMERCIAL FEDERAL BANK CD 24-Oct-00 7-Sep-01 1,100,000.00 6.90
COMMERCIAL FEDERAL BANK CD 24-Oct-00 14-Sep-01 1,200,000.00 6.90
COMMERCIAL FEDERAL BANK CD l-Nov-01 21-Sep-01 1,100,000.00 6.76
BRENTQN BANK CD 1-Nov-01 1-QcF01 1,200,000.00 7.00
BRENTON BANK CD l-Nov-01 5-Oct-01 1,100,000.00 7.00
COMMERCIAL FEDERAL BANK CD 14-Nov-00 15-Oct-01 1,300,000.00 6.77
COMMERCIAL FEDERAL BANK CD 14-Nov-00 19-Oct-01 1,100,000.00 6.77
COMMERCIAL FEDERAL BANK CD 14-Nov-00 31-Oct-01 1,300,000.00 6,77
COMMERCIAL FEDERAL BANK CD 14-Nov-00 2-Nov-01 1,100,000.00 6.77
COMMERCIAL FEDERAL BANK CD 14-Novo00 15-Nov-01 1,300~000.00 6.77
BRENTON BANK CD 1-Dec-00 16-Nov-01 1,100,000.00 6.80
BRENTON BANK CD l-Dec-00 30-Nov-01 3,000,000.00 6.85
COMMERCIAL FEDERAL BANK FLEX CD 14-Dec-00 30-Nov-01 4,023,214,56 6.505
COMMERCIAL FEDERAL BANK CD 8-Jan-01 14-Dec~01 3,000,000.00 5,30
COMMERCIAL FEDERAL BANK CD 1-Feb-01 28-Dec-01 1,200,000.00 5.505
IOWA STATE BANK CD 1-Mar-01 28-Dec-01 1200,000.00 5.01
COMMERCIAL FEDERAL BANK CD 8-Jan-01 2-Jan-02 1,100,000.00 5.30
COMMERCIAL FEDERAL BANK CD 22-Jan-01 2-Jan-02 1,500,000.00 550
BRENTON BANK CD 9-Feb-01 2-Jan-02 700,000.00 5.05
COMMERCIAL FEDERAL BANK CD 1-Feb-01 11-Jan-02 1,200,00000 5505
HILLS BANK CD l-Mar-01 11-Jan~02 1,200,000.00 5+40
COMMERCIAL FEDERAL BANK CD l-Feb-01 15-Jan-02 1,800,000.00 5.505
HAWKEYE STATE BANK CD 21-Mar-01 25-Jan-02 1,200,000,00 5.35
HAWKEYE STATE BANK CD 21-Mar-01 1-Feb-02 1,500,000.00 545
WELLS FARGO BANK CD 2-Apr-01 8-Feb-02 1,200,000.00 4,58
WELLS FARGO BANK CD 2-Apr-01 15-Feb-02 1,500,000.00 4.58
IOWA STATE BANK CD 11 -Apt-01 22-Feb-02 1,200,000.00 4.60
FIRSTAR BANK CD 29-Feb-00 28-Feb-02 535,575+00 6+87
IOWA STATE BANK CD 1 l-Apr-01 1-Mar-02 1,500,000.00 465
IOWA STATE BANK CD 11-Apr-01 8-Mar-02 1,200,000.00 4.75
COMMERCIAL FEDERAL BANK CD l-May-01 15-Mar-02 1,500,000.00 435
FIRSTAR BANK CD 1-May-01 22-MaF02 1,200,000.00 4,18
FIRSTAR BANK CD l-May-01 l-Apr-02 1,500,000.00 4.21
IOWA STATE BANK CD 11 -May~01 5-Apr-02 1,200,000.00 4 16
HILLS BANK CD 5-ApF01 8-Apr-02 1,250,000.00 5.00
IOWA STATE BANK CD 1 l-May-01 15-Apt-02 1,500,000.00 4.26
COMMERCIAL FEDERAL BANK CD 31-May-01 31-May-02 663,221.00 4,24
Page 1
INSTITUTION INVESTMENT PURCHASE MATURITY INVESTMENT INTEREST
NAME TYPE DATE DATE AMOUNT RATE
UNIVERSITY OF IOWA COMM CU CD 28-Jun-01 28-Jun-02 8,100,000,00 477
IOWA STATE BANK CD 9-Feb-01 1-Jul-02 1,200,000.00 5.36
HILLS BANK CD 11-Apt-01 1-Jul-02 1,900,000.00 4.95
NORWEST BANK CD 31-Oct-97 31-Oct-02 1,418,463.00 6.49
HILLS BANK CD 30-Nov-00 29-Nov-02 889,744,00 6.95
UNIVERSITY OF IOWA COMM CU CD 30-Mar-00 28-Mar-03 765,338.00 7.14
UNIVERSITY OF IOWA COMM CU CD 31-May-00 30-May-01 977,423.00 7.425
UNION PLANTERS BANK CD 31-Oct-97 1-Jul-03 250,000.00 6.50
UNION PLANTERS BANK CD 13-Jul-98 11 -Jul-03 3,511,400,00 5,92
TOTAL $92,630,406,90
Page 2
CITY OF IOWA CITY
INVESTMENT ACTIVITY
FOR THE QUARTER ENDED JUNE 30, 2001
INVESTMENTS ON HAND AT 3/31/01 96,767,564 18
INVESTMENT PURCHASE MATURITY INTEREST
INSTITUTION TYPE DATE DATE RATE
PURCHASES 3/31/01 TO 6/30/01
WELLS FARGO BANK CD 4/2/01 2/8/02 458 1,200,000.00
WELLS FARGO BANK CD 4/2/01 2/15/02 458 1,500,00000
HILLS BANK CD 4/5/01 418102 5.00 1,250,00000
FIRSTAR BANK CD 4/11/01 6/1/01 487 1,800,00000
IOWA STATE BANK CD 4/11/01 2/22/02 460 1.200,000 00
IOWA STATE BANK CD 4/11/01 3/1/02 4 65 1,500,00000
IOWA STATE BANK CD 4/11/01 3~8/02 475 1,200,000 00
HILLS BANK CD 4/11/01 7/1/02 4 95 1.900,000 00
FIRSTAR BANK FLEX CD 4/30/01 5/31/01 598 1,321,294 24
COMMERCIAL FEDERAL BANK CD 5/1/01 3/15/02 4.35 1,500,000 00
FIRSTARBANK CD 5/1/01 3~22~02 418 1,200,00000
FIRSTAR BANK CD 5/1/01 4/1/02 4.21 1,500,00000
IOWA STATE BANK CD 5/11/01 4~5~02 4.16 1,200,00000
IOWA STATE BANK CD 5/11/01 4/15/02 426 1,500,00000
FIRSTAR BANK FLEX CD 5/31/01 6/29/01 598 1,017,497 95
COMMERCIAL FEDERAL BANK CD 5/31/01 5/31/02 4.24 663,22100
WELLS FARGO BANK SAVINGS 6/27/01 6/28/01 450 11,371,418.93
UNIVERSITY OF IOWA COMM CU FLEX CD 6/28/01 6/28/02 4.77 8,100,00000
FIRSTAR BANK FLEX CD 6/29/01 7131101 5.98 268,05899
TOTAL PURCHASES 41,191,49111
REDEMPTIONS 3/31/00 TO 6/30/01
FIRSTAR BANK CD 4~26~00 4/2/01 6.78 (1.200,000(:;0
IOWA STATE BANK CD 4~5~00 4/5/01 6.75 (1,500,00000
FIRSTAR BANK CD 5/11/00 4/6/01 720 (1,000,000.00
FIRSTAR BANK CD 5/5/00 4/16/01 715 (1.200,00000
FIRSTAR BANK CD 5/11/00 4/20/01 7.20 (1,000,00000
FIRSTAR BANK FLEX CD 3/30/01 4/30/01 5.98 (1,741,667 62
IOWA PUBLIC AGENCY INVESTMENT
TRUST IPAIT 10117100 MONTHLY DRAW 690 (1,040.97952)
IOWA PUBLIC AGENCY INVESTMENT
TRUST (PARTIAL REDEMPTION) IPAIT 7/19/00 MONTHLY DRAW VARIABLE (224382 37
COMMERCIAL FEDERAL BANK FLEX CD 12/14/00 MONTHLY DRAW 6505 (1.383076 4C
IOWA STATE BANK CD 5/11100 5/1/01 709 (1,200,000 00
FIRSTAR BANK CD 5/11/00 5/4/01 720 (1,000.0000C
FIRSTAR BANK CD 5/25/00 5/15/01 732 (1,200,000 0(
HILLS BANK CD 6~8~00 5/18/01 705 (1,100000 0C
FIRSTAR BANK FLEX CD 4/30/01 5/31/01 598 {1,321.294 2,~
COMMERCIAL FEDERAL BANK FLEX CD 12/14/00 MONTHLY DRAW 6505 (1.293,799 25
COMMERCIAL FEDERAL BANK CD 7/1/99 5/31/01 5.699 (663,221 00)
IOWA PUBLIC AGENCY INVESTMENT
TRUST IPAIT 10/17/00 MONTHLY DRAW 690 (103,447 66)
IOWA PUBLIC AGENCY INVESTMENT
TRUST (PARTIAL REDEMPTION) IPAIT 7/19/00 MONTHLY DRAW VARIABLE (830,72874
HAWKEYE STATE BANK CD 812100 6/1/01 725 (2,300,000 00
COMMERCIAL FEDERAL BANK CD 1/8/01 6/1/01 560 (2,100,000 00
FIRSTAR BANK CD 4/11/01 6/1/01 487 (1,800000 00
HILLS BANK CD 8/28/00 6/15/01 7 10 (2,300000 00
IOWA PUBLIC AGENCY INVESTMENT
TRUST IPAIT 6/23/00 PARTIAL DRAW VARIABLE (1 750,000 00
WELLS FARGO BANK CD 6/27/01 6/28/01 450 I11,371,418 93
UNIVERSITY OF IOWA COMM CU CD 4/11/00 PARTIAL DRAW 7 425 (157,57700
FREEDOM SECURITY BANK CD 9/28/00 6/29/01 7 10 (1,900000 00
FIRSTAR BANK FLEX CD 5/31/01 6/29/01 598 (1,017,497 95
COMMERCIAL FEDERAL BANK FLEXCD 12/14/00 MONTHLY DRAW 6505 (1,537,41010
IOWA PUBLIC AGENCY INVESTMENT
TRUST (PARTIAL REDEMPTION) IPAIT 7/19/00 MONTHLY DRAW VARIABLE (92147 61 )
TOTAL REDEMPTIONS (45,328,648 39)
INVESTMENTS ON HAND AT 6/30/01 92,630,406 90