Hawthorne
City Council
11. Increased Investments in 1-5 year lettered fixed investments through Multi-Bank
Securities (MBS).
RECOMMENDED MOTION: Approve City Treasurer’s request to increase
investments through MBS and authorize certain designated City of Hawthorne
Officers (pursuant to Resolution 8010) to execute transfers of up to $5.5 million
of City's General Fund to invest in fixed investments through Multi-Bank
Securities.
CITY ATTORNEY'S CONSENT CALENDAR