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INFORMATION #2 04-18-2016
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INFORMATION #2 04-18-2016
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4/15/2016 11:10:48 AM
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Our primary reserve account is our 4M Fund which is a money market account where many <br /> cities pool their funds. It currently yields .07%with daily withdrawal privileges. The city <br /> strives to maintain a strong diversification portfolio so liquidity and exposure risk are <br /> reduced. <br /> Attachments <br /> ■ Investment summary <br /> H:AInvestm entReports\QuarterlyInve s tm entReport.docx <br />
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