In selecting financial institutions and investment instruments to be used, the following general objectives should be considered in the priority listed:
(A) Legality (conforming with all legal requirements).
(B) Safety (preserving capital and including diversification appropriate to the nature and amount of the funds).
(C) Liquidity (maintaining sufficient liquidity to meet current obligations and those reasonably to be anticipated).
(D) Yield (attaining a market rate of return on investments).
(E) Simplicity of management. (Ord. 573, 7-14-1999)