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HomeMy WebLinkAbout06-23-09 RDA Item 04CITY OF LAKE TO: FROM: DATE: LSINO DREAM EXTREME. REPORT TO THE REDEVELOPMENT AGENCY HONORABLE CHAIRMAN AND MEMBERS OF THE REDEVELOPMENT AGENCY ROBERT A. BRADY EXECUTIVE DIRECTOR JUNE 23, 2009 SUBJECT: INVESTMENT REPORT -MAY 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 Accountant Reviewed By: James R. Riley Acting Director o dministrative services Approved By: Robert A. Brady Executive Directo RDA June 23, 2009 Item No. 4 Page 1 of 2 REDEVELOPMENT AGENCY FOR THE CITY OF LAKE ELSINORE MONTHLY REPORT OF INVESTMENTS MAY 2009 Local Agency Investment Fund INTEREST DATE RATE PURCHASED 1.530% 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. James R. Riley Investment Officer June 11, 2009 Date RDA June 23, 2009 Item No. 4 Page 2 of 2