(A)
The County Council of Tippecanoe County, Indiana, hereby adopts the Tippecanoe County Investment Policy attached to the resolution codified herein as Exhibit A, and approves the investment of Tippecanoe County public funds by the Tippecanoe County Treasurer in investments lasting more than two years and not more than five years, so long as the total amount of such investments outstanding does not exceed 25% of the total portfolio of public funds invested by Tippecanoe County, including balances in transaction accounts.
(B) This ordinance and the authority to make investments lasting more than two years and not more than five years shall expire on January 16, 2025, in accordance with I.C. 5-13-9-5.7(a)(6).
(Ord. 2016-19-CL, passed 10-11-16; Am. Res. 2020-32-CL, passed 12-8-20)