Hawthorne

City Council

August 12, 2025 Item #8

Agenda Item 8

8.\nIncreased Investments in 1-5 year tiered fixed investments through Multi-Bank Securities (MBS).\nRECOMMENDED MOTION:\nApprove City Treasurer's request to increase investments through MBS and authorize certain designated\nCity of Hawthorne Officers (pursuant to Resolution 8010) to execute transfers of up to $5 million of City's\nGeneral Fund to invest in fixed investments through Multi-Bank Securities.