City Council

9.3 TREASURER'S STATEMENT OF INVESTMENT POLICY\nComments:\nThe investment policies and practices of the City of Lynwood are based on state laws and principles\nof prudent money management. This statement is intended to provide guidelines for the prudent\ninvestment of idle and surplus cash, while meeting the short and long-term cash flow demands. It\nis submitted annually for City review. (CT).\nRecommendation:\nStaff recommends that the Lynwood City Council adopt the following resolutions entitled: "A\nRESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, APPROVING THE CITIES\nANNUAL STATEMENT OF INVESTMENT POLICY."