The Finance Director and the Mayor shall be relieved from any liability for the loss of any public moneys deposited or invested pursuant to and in compliance with this chapter, including, but not limited to, losses occasioned by the sale of any instruments, securities or obligations, the closing of any deposit accounts or the failure of any depository and any deposits or investments heretofore made by the Finance Director in conformity with this chapter and in contemplation of the passage of same, are hereby ratified and confirmed.
(Ord. 2006-075. Passed 8-14-06.)