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The Investment Policy Advisory Board is charged with advising the Village Board as to whether the Village of Chatham Investment Policy, which was adopted on March 13, 1990 pursuant to Ordinance 90-10, should be revised, and if so, to develop specific proposed revisions. The Board shall be advisory only, and shall not have the power to establish or modify policies, enter into contracts, schedule events or spend public funds. The Board shall periodically review, a minimum of annually, the village investment activities to ensure compliance with policy.
(Ord. 98-29, passed 5-12-98; Am. Ord. 98-59, passed 9-22-98; Am. Ord. 99-45, passed 9-28-99)