238.01 TREASURY INVESTMENT; DISTRIBUTION OF PROCEEDS.

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Yellow Springs, OH Code of Ordinances

CODIFIED ORDINANCE OF YELLOW SPRINGS OHIO

PRELIMINARY UNIT

CHARTER OF YELLOW SPRINGS, OHIO

PART TWO - ADMINISTRATION CODE

PART FOUR - TRAFFIC CODE

PART SIX - GENERAL OFFENSES CODE

PART EIGHT - BUSINESS REGULATION AND TAXATION CODE

PART TEN - STREETS, UTILITIES AND PUBLIC SERVICES CODE

PART TWELVE - PLANNING AND ZONING CODE

PART FOURTEEN - BUILDING AND HOUSING CODE

PART SIXTEEN - FIRE PREVENTION CODE

238.01 TREASURY INVESTMENT; DISTRIBUTION OF PROCEEDS.

(a) Whenever idle funds exist in the Treasury of the Village they may be invested in a manner agreed upon by the Finance Director, the Village Manager and the Village Treasurer, in accordance with Ohio R.C. 731.56 through 731.59.

(b) The interest returned from any investments shall be deposited in the General Fund except as provided otherwise by statute, Federal regulation or a specific act of the Village Council.

(Ord. 82-3. Passed 3-1-82; Ord. 2007-10. Passed 6-4-07; Ord. 2022-38. Passed 11-21-22.)

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