City Council

D. Consideration and possible action to approve the revised Investment Policy for\nFiscal Year (FY) 2023-24. (Loya)\nRecommendation: Approve the FY 2023-24 Investment Policy applicable to\nthe City of Rancho Palos Verdes, Rancho Palos Verdes Successor Agency to\nthe Redevelopment Agency, and Rancho Palos Verdes Improvement Authority\nas revised to extend the maximum maturity for government sponsored agency\nbonds from three years out to five years when deemed favorable for the City’s\ninvestment portfolio.\nAgenda Report