The Investing Officer or its designee shall obtain competitive quotes for investment with financial institutions in accordance with I.C. 5-13-9-4. The Investing Officer or its designee shall obtain quotes from at least two brokers or financial institutions on all purchases of investment instruments on the secondary market. Overnight sweep investment instruments shall not be subject to this section.
(Ord. 2023-49, passed 12-18-2023; Ord. 2024-13, passed 5-20-2024)