Neither the City nor the Treasury Investment Board is required to comply with Ohio R.C. Chapter 135 so long as there is a City investment policy adopted by the City Commission effective for the City. The Director of Finance, the Treasurer and their respective bondsmen or surety are relieved from any liability for the loss of any public moneys invested by them; provided, the investment of the public money is done in compliance with an effective City investment policy adopted by the City Commission.
(Ord. 88-319. Passed 5-31-88.)