(A) The County Council hereby adopts and incorporates the Elkhart County Investment Policy attached to Res. CO-2024-03, and approves the investment of Elkhart County public funds by the County Treasurer in investments lasting more than two years and not more than five years, so long as the total amount of such investments outstanding does not exceed 25% of the total portfolio of public funds invested by the county, including balances in transaction accounts.
(B) This section and the authority to make investments lasting more than two years and not more than five years shall expire on January 29, 2028 as limited by I.C. 5-13-9-5.7. Two copies of the Elkhart County Investment Policy are on file in the Auditor's Office for public inspection.
(Ord. CC-2016-03, passed 2-13-2016; Ord. CC-2020-04, passed 2-8-2020; Ord. CO 2020-21, passed 8-31-2020; Res. CO-2024-03, passed 1-29-2024)