Chapter 3.04
INVESTMENT OF COUNTY FUNDS

Sections:

3.04.010    Authority.

3.04.020    Surplus funds—Investment.

3.04.010 Authority.

The Adams County commissioners do authorize the deposit and withdrawal of county moneys in the local government investment pool in the State Treasury in accordance with the resolution codified in this chapter for the purpose of investment as stated therein. (Res. 87-86)

3.04.020 Surplus funds—Investment.

The county treasurer is authorized to invest surplus funds of the county road, equipment rental and revolving, and solid waste funds at the direction of the public works director whenever such funds are not immediately needed for maintenance and operation. The investments shall be made with a bank and/or savings and loan company doing business with the county treasurer, at the highest attainable rate of interest. (Res. 116-86)