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HomeMy WebLinkAbout2010-10-26 RDA Item No. 4CITY OF LADE ?LSINOKE M DREAM EXTREME, REPORT TO THE REDEVELOPMENT AGENCY TO: HONORABLE CHAIRMAN AND MEMBERS OF THE REDEVELOPMENT AGENCY FROM: ROBERT A. BRADY EXECUTIVE DIRECTOR DATE: OCTOBER 26, 2010 SUBJECT: INVESTMENT REPORT— SEPTEMBER 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 Accountant Prepared By: James R. Riley Director of Adm64i4trative Services Approved By: Robert A. Brady Executive Directo AGENDA ITEM NO.4 Page 1 of 3 Page 2 of 3 REDEVELOPMENT AGENCY FOR THE CITY OF LAKE ELSINORE MONTHLY REPORT OF INVESTMENTS SEPTEMBER 2010 INTEREST DATE MATURITY RATE PURCHASED RATE AMOUNT Local Agency Investment Fund 0.500% 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 October 12, 2010. 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 October 19, 2010 Date Page 3 of 3