§ 2-497. Duties.  


Latest version.
  • It shall be the duty of the county investment committee to make recommendations and policy regarding the placement and growth of county funds. To that end, the investment committee is authorized to:

    (1)

    Select the bank making the highest and best bid for interest on daily balances of the county funds.

    (2)

    Recommend and determine the method and entity for the investment of idle funds, in accordance with the terms of this division.

(Ord. No. O-90-9-116, § 2, 9-10-90)