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File #: ORD-0098-2013    Version: 1 Name: Approve Investment Policy
Type: Ordinance Status: Passed
File created: 6/17/2013 In control: City Council
On agenda: Final action: 7/1/2013
Title: TO ADOPT THE CITY OF GAHANNA REVISED INVESTMENT POLICY DATED JUNE 6, 2013.
Indexes: FINANCE, ORDINANCE
Attachments: 1. ORD-0098-2013.pdf
Title
TO ADOPT THE CITY OF GAHANNA REVISED INVESTMENT POLICY DATED JUNE 6, 2013.
 
Drafter
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Body
WHEREAS, ORD-0096-2013 authorized the Director of Finance to review and update and Investment Policy for the City which was dated December 1998; and
 
WHEREAS, after much work by the Director of Finance and Council members a revised policy has been created and it is prudent that it be adopted by City Council;
 
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF HE CITY OF GAHANNA, STATE OF OHIO:
 
Section 1.  That this Council hereby adopts the City of Gahanna Investment Policy dated June 6, 2013; attached as EXHIBIT A and made a part herein.
 
Section 2.  That this legislation shall be in full force and effect after passage by this Council and 30 days after date of signature approval by the Mayor.