(A) Exemption. Any investment currently held that does not meet the guidelines of this policy shall be exempted from the requirements of this policy. At maturity or liquidation, such monies shall be reinvested only as provided by this policy.
(B) Amendments. This policy shall be reviewed on an annual basis. Any changes must be approved by the designated officials and any other appropriate authority, as well as the individuals charged with maintaining internal controls.
(Ord. 4, passed 4-20-21)