The County Fiscal Officer shall have jurisdiction over the Authority general operating funds and shall exercise over the Authority all powers to receive, maintain and invest such funds, including any project activity or specific funds requested by the Authority to be held by the County Fiscal Officer from time to time, which the Ohio Revised Code, County Charter and Codified Ordinances of the County currently vest in the County Fiscal Officer with respect to other County departments, offices and agencies or may vest in the future, unless the County Fiscal Officer's powers over the Authority and its funds are altered by ordinance of Council.
The Authority shall have concurrent jurisdiction and is otherwise authorized to receive, maintain and invest all project activity or specific funds not otherwise held or managed by the County Fiscal Officer as requested by the Authority from time to time relating to the Authority's activities and exercise of its powers, including without limitation funds held by a trustee or trustees under the Authority's bond fund or supplemental bond fund programs.
The County Fiscal Officer shall establish separate interest bearing account(s) for the investment of the Authority's funds under this section. All interest accruing on the Authority funds shall be deposited into the Authority designated account(s) and shall remain the property of the Authority.
(Ord. 2018-173. Adopted 5-14-18.)
The Authority shall have concurrent jurisdiction and is otherwise authorized to receive, maintain and invest all project activity or specific funds not otherwise held or managed by the County Fiscal Officer as requested by the Authority from time to time relating to the Authority's activities and exercise of its powers, including without limitation funds held by a trustee or trustees under the Authority's bond fund or supplemental bond fund programs.
The County Fiscal Officer shall establish separate interest bearing account(s) for the investment of the Authority's funds under this section. All interest accruing on the Authority funds shall be deposited into the Authority designated account(s) and shall remain the property of the Authority.
(Ord. 2018-173. Adopted 5-14-18.)