(a) Whenever there are moneys in the Treasury of the Village which will not be required to be used by the Village for a period of six months or more, such moneys may, in lieu of being deposited in a bank or banks, be invested in obligations of the Village or in such other bonds or obligations as are or may be specified in Ohio R.C. 731.56.
(b) Such investments shall be made pursuant to the provisions of Ohio R.C. 731.56 to 731.59, inclusive.
(Ord. 69-10-4. Passed 10-7-69.)