It is the policy of the City of Shelby, Ohio, to invest public funds in a manner that will provide the highest investment return with maximum security, safety, and preservation of principal while meeting the daily cash flow needs of the city and conforming to applicable laws governing the investment of public funds by an Ohio municipality. The Director of Finance and Public Record is the investment officer for the city, charged with the responsibility for the purchase and sale of investments and the implementation of and compliance with this investment policy.
(Ord. 16-2016, passed 7-18-2016)