For the purpose of this chapter the following definitions shall apply unless the context clearly indicates or requires a different meaning.
(a) "Active deposit" means a deposit of "active moneys" which shall be made in accordance with the provisions of this chapter and Ohio R.C. Chapter 135.
(b) "Active moneys" means public moneys in the treasury of the City which are required for immediate use within a period of one (1) to ninety (90) days from date of their receipt.
(c) "Collateral securities" means those securities which are described in Ohio R.C. 135.18.
(d) "Interim deposit" or "interim investment" means a deposit or investment of interim moneys which shall be made in accordance with the provisions of this chapter and Ohio R.C. Chapter 135.
(e) "Interim moneys" means public moneys in the treasury of the City, which are not required for immediate use but will be needed for use not sooner than ninety-one (91) days.
(f) "Investment Board' means the Investment Board of the City of Alliance as created and defined by Section 113.04.
(Ord. 32-98. Passed 4-6-98.)