(a) The Finance Director, Mayor, City Treasurer, the Director of Law and members of Council and their bondsmen or securities shall be relieved from any liability for the loss of any public moneys deposited or invested pursuant to and in compliance with this chapter, including, but not limited to, losses occasioned by the failure of any depository.
(b) Ohio R.C. 731.55 shall be applicable to the City, and the insurance authorized by such section may be procured by the Finance Director and the costs of such insurance shall be paid by the City.
(Ord. 128-1984. Passed 9-10-84.)
(Ord. 128-1984. Passed 9-10-84.)