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DUPLICATE <br />CITY OF COLTON TREASURER'S REPORT <br />FOR MAY 31, 1997 <br />The attached Treasurer's report reflects all funds held by the City and the <br />Redevelopment Agency. The investments reflected in this report are in compliance <br />with the City's investment policy adopted in May of 1997. The investment portfolio as <br />well as budgeted income is expected to meet projected cash flow requirements for the <br />next six months. <br />Michael J. Williams, Treasurer <br />July 29, 1997 <br />