Whenever there are monies in the Treasury of the City, which will not be required to be used for a period of six months or more such monies may in lieu of being deposited in a bank or banks or after such deposit be invested in accordance with the provisions of Ohio R.C. 731.56 to 731.59. Investments so purchased shall be sold in accordance with Ohio R.C. 731.57.
(Ord. 51-1958. Passed 12-17-59.)
(Ord. 51-1958. Passed 12-17-59.)