§ 93. [Depositories and investments.]

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Council shall provide by ordinance for the deposit of all public moneys coming into the hands of the treasurer in such bank or banks, or building and loan or savings association or companies, situated within the county, as offer, at competitive bidding, the highest rate of interest and give good and sufficient security. Council shall further provide by ordinance for regulations governing the investment of moneys of the municipal corporation and the sale of such investments.

(Adopted 11-7-21; Ord. No. 1747-2014, 7-21-2014)

Editor's note

Ord. No. 1747-2014, adopted June 21, 2014, amended the title of § 93 to read as set out herein. Previously § 93 was titled [depositories.]

                    
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