The purpose of this investment policy is to establish the definition(s) of eligible investments of the City of Dublin, Ohio (hereinafter referred to as the "city"), including guidelines and parameters regarding the investment management of the city's investment funds [hereinafter referred to as the "portfolio"]. This investment policy, as approved by City Council, shall serve to define authorized investments and eligible investment transactions of the city. Such eligible investments may be derived from, or based upon R.C. § 135.14, and/or include certain other investments not authorized or defined under R.C. § 135.14. Investments not defined under R.C. § 135.14, but authorized pursuant to this investment policy, are considered as authorized investments of the city. This subchapter shall take effect and be in force in accordance with Section 4.04(b) of the Dublin City Charter. This policy includes [totally or partially] sections of the statute to describe certain eligible investments. In some sections, the policy places further limits upon the use eligible investments or investment transactions. Should the city elect to use investment advisor(s), the advisor(s) will consider their respective funds managed as the total portfolio for any calculation methodologies.
(Ord. 85-94, passed 10-3-94; Am. Ord. 89-96, passed 10-7-96; Am. Ord. 10-99, passed 2-16-99; Am. Ord. 63-22, passed 11-14-22; Am. Ord. 58- 23, passed 11-27-23)