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San Leandro Investment Policy Statement Page 8 of 13 <br /> California Government Code Section 53646 requires the Finance Director to submit a <br /> quarterly report on the status of the City's investment portfolio to the City Manager and the <br /> City Council within 30 days after the end of the calendar quarter. The report will provide <br /> detailed information regarding the type of investments, the amount invested with various <br /> institutions, purchase and maturity dates, and interest yield on all investments. The report <br /> shall state if the City's investments are in compliance with this policy and if the City will be <br /> able to meet its cash obligations during the next six -month period. The Finance Director, <br /> on occasion, will submit monthly reports on the portfolio's status to the City Manager and <br /> City Council that are consistent with the requirements of the State Code. <br /> • <br />