234.032 DEFINITIONS.
   (a)    Capitalized words and terms used as defined words and terms in Sections 234.03 and 234.031 of the City's Codified Ordinances and not otherwise defined in such Sections shall have the following meanings:
      (1)   "Eligible Depository" shall mean any institution described in Ohio R.C. 135.03.
      (2)    "Eligible Investment" shall mean any investment described in Section 234.031(a) hereof.
      (3)    "Derivative Security" shall mean a financial instrument or contract or obligation whose value or return is based upon or linked to another asset or index or both separate from the financial instrument, contract or obligation itself, but shall not include a written repurchase agreement that satisfies the provisions of subsection (a)(6) of Section 234.031 hereof.
      (4)    "Investment Pool" shall mean a fund established by another Subdivision (including a County), Director of Finance, Governing Board or Investing Authority as each of those terms is defined in Ohio R.C. 135.01, if that fund was established for the purpose of investing the public moneys of other subdivisions, but shall not include STAR OHIO.
      (5)    "Public Moneys" shall mean all moneys in the treasury of the City or moneys coming lawfully into the possession of the Director of Finance.
      (6)    "Qualified Securities Dealer" shall mean a securities dealer who is a member of the Financial lndustry Regulatory Authority, Inc.
      (7)    "Qualified Trustee" shall mean a qualified trustee as described in Section 135.18 of the Uniform Depository Act.
      (8)    "Reverse Repurchase Agreement" shall mean a repurchase agreement under the terms of which the Director of Finance or such Director of Finance's designee agrees to sell securities owned by the City to a purchaser and agrees with that purchaser to unconditionally repurchase such securities.
      (9)    "STAR OHIO" shall mean the Ohio Subdivision's Fund created pursuant to Ohio R.C. 135.45 and currently designated as "Star Treasury Asset Reserve of Ohio".
      (10)    "Uniform Depository Act" shall mean Ohio R.C. Chapter 135, and all amendments thereto.
   (b)   Nothing in this Section 234.032 shall be construed as permitting the investment of the Public Moneys of the City in any of the obligations defined in the preceding paragraph (a) if investment in such obligations is otherwise prohibited by this section. (Ord. 67-18. Passed 10-22-18.)