City Council

D. APPROVE RESOLUTION NO. 25- 5796 AUTHORIZING THE TRANSFER OF THE CITY’S INVESTMENT ACCOUNT BALANCE FROM MUTUAL SECURITIES, INC. TO MULTI- BANK SECURITIES, INC. The City Council is requested to authorize the City Treasurer to transfer its investment account balance from Mutual Securities, Inc. (Mutual Securities) to Multi-Bank Securities, Inc. (Multi-Bank). Recommendation: Adopt Resolution No. 25-5796 authorizing the City Treasurer to transfer its investment account balance from Mutual Securities, Inc. (Mutual Securities) to Multi- Bank Securities, Inc. (Multi-Bank) and for Rene Molina to continue serving as the broker and investment adviser.