For the purposes of this chapter, the following terms shall have the following meanings:
(a) “Eligible Dealers” shall mean those securities dealers or financial institutions described in Ohio R.C. 135.14(M)(1).
(b) “Eligible Institutions” shall mean those institutions described in Ohio R.C. 135.03.
(c) “Eligible Investments” shall mean those investments from time to time authorized in Ohio R.C. 135.14.
(d) “Overnight Investment” shall mean an Eligible Investment whose maturity is or term ends on the next succeeding business day immediately following the business day on which such Eligible Investment was entered into and includes an Overnight Repurchase Agreement.
(e) “Overnight Repurchase Agreement” shall mean a repurchase agreement authorized in Ohio R.C. 135.14(E) whose maturity is or term ends on the next succeeding business day immediately following the business day on which such repurchase agreement was entered into.
(f) “Public Moneys of the Village” shall mean all moneys in the treasury of the Village or moneys coming lawfully into the possession or custody of the Treasurer.
(Ord. 2006-11. Passed 4-5-06.)