FINANCIAL_SERVICESONGOING

Altadena Library District AgendaPacket 2026-06-22

CLASS Investment Pool Holds Library Bond Proceeds

$26,778,460Altadena Library DistrictCOOPERATIVE LIQUID ASSETS SECURITIES SYSTEM (CLASS)June 22, 2026

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Description

The Altadena Library District invests $26.54 million in bond and grant proceeds and $239,569 for unfunded accrued liabilities with the CLASS investment pool. CLASS provides liquidity and investment management for these public funds.

Contract Details

Contract Amount

$26,778,460

Vendor

COOPERATIVE LIQUID ASSETS SECURITIES SYSTEM (CLASS)

Agency

Altadena Library District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

June 22, 2026

Contract Term

Ongoing as of May 31, 2026

Renewal Info

Participation in the CLASS pool is ongoing until funds are withdrawn or reallocated.

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