(A) There is hereby created and established the county Unemployment Compensation Fund which shall be administered, invested and disbursed as provided herein. The fund hereby created shall be invested by the county treasurer, who shall establish a separate fund for the purpose of funding the payment of unemployment compensation claims, administrative and investigative charges and expenses and legal fees.
(B) All unemployment compensation claims against the county shall be monitored, administered and paid under the supervision and direction of the county manager.
(C) The county Unemployment Compensation Fund shall be established initially by the transfer to the fund of the sum of $50,000.
(‘77 Code, § 13-6) (Ord. 112, passed 12-13-82; Am. Ord. 5288, passed 10-17-88)