City Council

D. APPROVE RESOLUTION NO. 25- 5796 AUTHORIZING THE TRANSFER OF THE CITY’S\nINVESTMENT ACCOUNT BALANCE FROM MUTUAL SECURITIES, INC. TO MULTI-\nBANK SECURITIES, INC.\nThe City Council is requested to authorize the City Treasurer to transfer its investment\naccount balance from Mutual Securities, Inc. (Mutual Securities) to Multi-Bank Securities,\nInc. (Multi-Bank).\nRecommendation: Adopt Resolution No. 25-5796 authorizing the City\nTreasurer to transfer its investment account balance\nfrom Mutual Securities, Inc. (Mutual Securities) to Multi-\nBank Securities, Inc. (Multi-Bank) and for Rene Molina\nto continue serving as the broker and investment\nadviser.