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HomeMy WebLinkAbout09-28-2010 RDA Item No. 4CITY OF LAKE , LSINORT M DREAM EXTREME.. REPORT TO THE REDEVELOPMENT AGENCY TO: HONORABLE CHAIRMAN AND MEMBERS OF THE REDEVELOPMENT AGENCY FROM: ROBERT A. BRADY EXECUTIVE DIRECTOR DATE: SEPTEMBER 28, 2010 SUBJECT: INVESTMENT REPORT— AUGUST 2010 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 Accountan Prepared By: James R. Riley Director of Adminis r tive Services Approved By: Robert A. Brady Executive Director AGENDA ITEM NO. 4 Page 1 of 3 Page 2 of 3 REDEVELOPMENT AGENCY FOR THE CITY OF LAKE ELSINORE MONTHLY REPORT OF INVESTMENTS AUGUST 2010 INTEREST DATE MATURITY RATE PURCHASED RATE AMOUNT Local Agency Investment Fund 0.513% Daily 24 -Hour $ 31,982,334.22 INVESTMENT TOTAL $ 31,982,334.22 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 September 22, 2009. 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 September 16, 2010 Date Page 3 of 3