(A) The County Council hereby adopts the Hancock County Investment Policy, attached to Ordinance 2015-4D as Exhibit A, and approves the investment of 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 Hancock 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 four years from the date of the adoption of this section, in accordance with I.C. 5-13-9-5.7(a)(6).
(Ord. 2015-4D, passed 4-8-15)