§ 160.11 INVESTMENT POOLS.
   As the State Treasurer’s investment pool (“Star Ohio”) and Mutual Funds which are invested exclusively in United States Treasury obligations are on the list of Authorized Investments, a thorough investigation of the pool/fund is required prior to investing, and on a continual basis. There shall be a questionnaire developed which will answer the following general questions:
   (A)   A description of eligible investment securities, and a written statement of investment policy and objectives.
   (B)   A description of interest calculations and how it is distributed, and how gains and losses are treated.
   (C)   A description of how the securities are safeguarded (including the settlement processes), and how often the securities are priced and the program audited.
   (D)   A description of who may invest in the program, how often, what size deposit and withdrawal.
   (E)   A schedule for receiving statements and portfolio listings.
   (F)   Are reserves, retained earnings, etc. utilized by the pool/fund?
   (G)   A fee schedule, and when and how it is assessed.
   (H)   Is the pool/fund eligible for bond proceeds and/or will it accept such proceeds?
(Ord. 7346, passed 2-11-97)