The purpose of the investment account is to allow for the maximum return on the Center's excess cash balances consistent with complete safety of the portfolio's principal value and liquidity desired.

All investment activities will be undertaken by the Treasurer or those persons assigned thereby to engage in investment activities.

Investments in the U.S. Treasury Securities and those instruments completely guaranteed by the U.S. Treasury as payment of the principal and interest may be made in any dollar amount.

The Center should normally seek to diversify its holdings of other investments by avoiding concentrations of specific issuers.

Under the guidelines of this policy, no security will be purchased that has a remaining term to final maturity of more than two (2) years.

Swapping (the simultaneous sale of one security and purchase of another) will be permitted.

All portfolio transactions will be performed on a competitive basis when practical. Each bid or offer will be simultaneously received from three (3) providers. Each price will be recorded and the best price selected for execution.

A copy of this policy must be forward to each broker or dealer doing business with the Center. Their signature will be required indicating they have received, read, understand and will abide by its contents when recommending or selling investments to the Center.

A complete investment report shall provided to the Board on a monthly basis.

R.C. 133.23, 135.01-.21, 135.22, 35, 45, 3317.06, 3315.01, 3315.40, 5705.10