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Treasurer

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20250521 LA County S Pasadena City Council Item 21. CONSIDERATION OF APPROVAL OF AN INVESTMENT ADVISORY AGREEMENT BETWEEN THE CITY AND PAYDEN & RYGEL FOR INVESTMENT SERVICES Recommendation It is recommended that the City Council approve the investment advisory agreement with Payden & Rygel for investment services in the form approved by the City Attorney and City Manager and authorize the City Treasurer and City Manager to execute any and all documents to effectuate the agreement. In addition, the City Treasurer and City Manager are authorized to take the appropriate action to terminate the existing agreements with Western Assets Management Company and Morgan Stanley. May 21, 2025 LA County S Pasadena City Council Item #21