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HomeMy WebLinkAbout2008-12-23 CC-RDA Item No.5 CITY LAKE a LSI HO E DREAM EXTREME,. REPORT TO THE REDEVELOPMENT AGENCY TO: HONORABLE CHAIRMAN AND MEMBERS OF THE REDEVELOPMENT AGENCY FROM: ROBERT A. BRADY EXECUTIVE DIRECTOR DATE: DECEMBER 23, 2008 SUBJECT: INVESTMENT REPORT — NOVEMBER 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. Rile 41 2 Acting Director (Administrative Services Approved By: Robert A. Brady Executive Directo Agenda Item No. 5 Page 1 of 2 REDEVELOPMENT AGENCY FOR THE CITY OF LAKE ELSINORE MONTHLY REPORT OF INVESTMENTS NOVEMBER 2008 INTEREST DATE MATURITY RATE PURCHASED RATE AMOUNT Local Agency Investment Fund 2.568% Daily 24 -Hour $ 32,565,274.30 INVESTMENT TOTAL $ 32,565,274.30 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 Office December 23, 2008 Date Agenda Item No. 5 Page 2 of 2