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HomeMy WebLinkAbout2009-08-25 RDA Item No.4CITY OF LADE LSII`IORE DREAM EXTREMEn REPORT TO THE REDEVELOPMENT AGENCY TO: FROM: DATE: HONORABLE CHAIRMAN AND MEMBERS OF THE REDEVELOPMENT AGENCY ROBERT A. BRADY EXECUTIVE DIRECTOR AUGUST 25, 2009 SUBJECT: INVESTMENT REPORT - JULY 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: Approved By: Nancy L. Lassey y/~ Senior Accountant I Robert A. Brady ~i{~ Executive Direct RDA August 25, 2009 Item No. 4 Page 1 of 2 REDEVELOPMENT AGENCY FOR THE CITY OF LAKE ELSINORE MONTHLY REPORT OF INVESTMENTS JULY 2009 Local Agency Investment Fund INTEREST DATE RATE PURCHASED 1.035% Daily MATURITY RATE AMOUNT 24-Hour $ 37,748,575.99 INVESTMENT TOTAL $ 37,748,575.99 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 August 17, 2009 Date ee RDA August 25, 2009 Item No. 4 Page 2 of 2