City Council

12.\nIncreased Investments in 3-5 year tiered fixed investments through Multi-Bank Securities (MBS).\nRECOMMENDED MOTION:\nApprove staff's request to increase investments through MBS and authorize certain designated City\nof Hawthorne Officers (pursuant to Resolution 8421) to execute transfers of up to $20 million of the\nCity's General Fund to invest in fixed investments through Multi-Bank Securities.