Hawthorne

City Council

7. Increased Investments in 1-5 year tiered fixed investments through Multi-Bank Securities (MBS). RECOMMENDED MOTION: Approve the 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 $10 million of City's General Fund to invest in fixed investments through Multi-Bank Securities. CITY ATTORNEY'S CONSENT CALENDAR