Pursuant to Idaho Code section 50-1013, the following banking and governmental facilities are designated the official depositories of the city of Ashton, county of Fremont, state of Idaho:
A. Bank of Idaho, Ashton, Idaho Branch;
B. Local Government Investment Pool office of the state treasurer, state of Idaho. (Ord. 500-23, 2023; Ord. 347 § 2, 1992)
The city treasurer is ordered, required and directed to keep monies belonging to the city, or in the care of the city treasurer, in the above named depositories; provided, however, that when so authorized by the mayor and council, city funds may be invested by the treasurer in securities otherwise authorized by law. (Ord. 347 § 2, 1992)