(a) The Village of South Russell is authorized to participate in the State Treasury Asset Reserve of Ohio (STAR Ohio), a statewide investment pool managed by the Treasurer of the State of Ohio, and the successor to the Ohio Subdivision Fund.
(b) The Fiscal Officer or Fiscal Auditor (if one is appointed) for the Village, and the two Council members of the then-current standing Finance Committee of Village Council, are hereby designated as authorized signatories of STAR Ohio for the Village, which authority includes acting with full power to purchase, transfer, or redeem investments in STAR Ohio on behalf of the Village and to execute and deliver any instrument necessary to effectuate the authority hereby conferred.
(Ord. 2023-70. Passed 11-13-23.)