Hawthorne
City Council
Agenda Item 7
7. Increased Investments in 1-5 year tiered fixed investments through Multi-Bank Securities (MBS).\nRECOMMENDED MOTION:\nApprove the City Treasurer's request to increase investments through MBS and authorize certain\ndesignated City of Hawthorne Officers (pursuant to Resolution 8010) to execute transfers of up to $10\nmillion of City's General Fund to invest in fixed investments through Multi-Bank Securities.\nCITY ATTORNEY'S CONSENT CALENDAR