Beaumont

City Council

September 05, 2023 Order of Business J #2

Agenda Item 2

J.2 Establish an Account with California Cooperative Liquid Asset Securities System\n(California Class) a Joint Powers Authority Investment Pool\nAuthorize the City Manager to establish an account with California Cooperative Liquid\nAssets Securities System (California CLASS) a joint power authority investment pool\nas a complement to LAIF for excess liquidity funds investment.\nRecommended Action:\nAuthorize the City Manager to establish an account with California Cooperative Liquid\nAssets Securities System (California CLASS) a Joint Powers Authority Investment\nPool.