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HomeMy WebLinkAbout2009-01-27 RDA Agenda Item No. 4 CITY OF ,,�,��, LADE 5LSINORE dp DREAM EXTREME, REPORT TO THE REDEVELOPMENT AGENCY TO: HONORABLE CHAIRMAN AND MEMBERS OF THE REDEVELOPMENT AGENCY FROM: ROBERT A. BRADY EXECUTIVE DIRECTOR DATE: JANUARY 27, 2009 SUBJECT: INVESTMENT REPORT — DECEMBER 2008 Discussion The Investment Report is a listing of all funds invested for the Redevelopment Agency as of the date shown on the report. Recommendation Receive and file. Prepared By: James R. Riley i t Acting Director o dministrative Services Approved By: Robert A. Brady Executive Director Or Agenda Item No. 4 Page 1 of 2 REDEVELOPMENT AGENCY FOR THE CITY OF LAKE ELSINORE MONTHLY REPORT OF INVESTMENTS DECEMBER 2008 INTEREST DATE MATURITY RATE PURCHASED RATE AMOUNT Local Agency Investment Fund 2.353% Daily 24 -Hour $ 32,565,274.30 INVESTMENT TOTAL $ 32,565,274.30 I certify that this report accurately reflects all pooled investments and it is in conformity with the investment policy as approved by the City Council on June 24, 2008. A copy of this policy is available in the office of the City Clerk. The pooled investments shown above provide sufficient cash flow liquidity to meet the next six months estimated expenditures. James R. Riley Investment Officer January 27, 2009 Date Agenda Item No. 4 Page 2of2