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HomeMy WebLinkAbout2009-07-28 RDA Item No. 4CITY OF LATE LSINORE DREAM EXTREME. REPORT TO THE REDEVELOPMENT AGENCY TO: FROM: DATE: HONORABLE CHAIRMAN AND MEMBERS OF THE REDEVELOPMENT AGENCY ROBERT A. BRADY EXECUTIVE DIRECTOR JULY 28, 2009 SUBJECT: INVESTMENT REPORT -JUNE 2009 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: Nancy L. Lassey Senior Accountant Reviewed By: James R. Riley Acting Director Administrative Services Approved By: Robert A. Brady Executive Director RDA July 28, 2009 Item No. 4 Page 1 of 2 REDEVELOPMENT AGENCY FOR THE CITY OF LAKE ELSINORE MONTHLY REPORT OF INVESTMENTS JUNE 2009 Local Agency Investment Fund INTEREST DATE RATE PURCHASED 1.377% Daily MATURITY RATE AMOUNT 24-Hour $ 29,634,212.62 INVESTMENT TOTAL $ 29,634,212.62 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. Investment July 20, 2009 Date RDA July 28, 2009 Item No. 4 Page 2 of 2