City Council

10. DISCUSSION ON THE CITY'S INVESTMENT POLICY\nAt the request of Councilmember Lathrop, this is a continuation item from last month, which prompts a discussion on the City's Investment Policy. It is recommended the City Council 1) review and approve the track changes to the Investment Policy, 2) approve a transfer of $1MM from the checking account to be invested into CDs, and 3) approve a transfer from the checking account into LAIF that would decrease the checking account's balance to $250,000.