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TABLE OF CONTENTS <br />Page <br />Introduction.................................................................................................................................1 <br />1.0 <br />Policy...............................................................................................................................1 <br />2.0 <br />Scope...............................................................................................................................1 <br />3.0 <br />Prudence..........................................................................................................................2 <br />4.0 <br />Objectives........................................................................................................................ <br />3 <br />5.0 <br />Delegation of Authority..................................................................................................... <br />6 <br />6.0 <br />Ethics and Conflicts of Interest......................................................................................... <br />7 <br />7.0 <br />Authorized Financial Institutions and Qualified Broker -Dealers ............................................ <br />8 <br />8.0 <br />Authorized and Suitable Investments..............................................................................8 <br />9.0 <br />Prohibited Investments and Investment Practices...........................................................13 <br />10.0 <br />Investment Pools/Mutual Funds......................................................................................14 <br />11.0 <br />Collateral ization/Secu rity for Deposit of Public Funds......................................................15 <br />12.0 <br />Safekeeping and Custody...............................................................................................15 <br />13.0 <br />Diversification.................................................................................................................16 <br />14.0 <br />Internal Controls.............................................................................................................16 <br />15.0 <br />Reporting........................................................................................................................17 <br />16.0 <br />Policy Considerations.....................................................................................................18 <br />17.0 <br />Policy Review, Certification, and Adoption......................................................................19 <br />.......................................................................................................................................... <br />. <br />