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6A.A. - Page 2 <br />FISCAL IMPACT <br />There is no out -of- pocket expense to open an investment account at LAIF. All costs <br />charged by the State Treasurer are deducted from pool earnings. These costs currently <br />run about 0.01 % of assets. <br />7 3 PI-L" <br />BRIAN PONTY <br />FINANCE DIRECTOR <br />ROBERT B. BELL <br />CITY MANAGER <br />ATTACHMENTS <br />1. Resolution <br />RELATED DOCUMENTS IN CITY CLERK'S OFFICE <br />lidâ–º= <br />