City Council

D. Consideration and possible action to approve the revised Investment Policy for Fiscal Year (FY) 2023-24. (Loya) Recommendation: Approve the FY 2023-24 Investment Policy applicable to the City of Rancho Palos Verdes, Rancho Palos Verdes Successor Agency to the Redevelopment Agency, and Rancho Palos Verdes Improvement Authority as revised to extend the maximum maturity for government sponsored agency bonds from three years out to five years when deemed favorable for the City’s investment portfolio. Agenda Report