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TABLE OF CONTENTS <br />WE <br />Introduction.......................... -- ................................................................................................... 1 <br />1.0 <br />Policy ............................................................................................................................... <br />1 <br />2.0 <br />Scope ............................................................................................................................... <br />1 <br />3.0 <br />Prudence ........ .... t ......... .............................................................. ....... ............................ <br />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 ......................................................... .................... <br />8 <br />9.0 <br />Prohibited Investments and Investment Practices .............................................. ...... <br />13 <br />10.0 <br />Investment Pools/Mutual Funds ...................................................................................... <br />14 <br />11.0 <br />Collateral ization/Secu rity for Deposit of Public Funds... ............................ ....... .............. <br />15 <br />12.0 <br />Safekeeping and Custody ............................................................................................... <br />15 <br />13.0 <br />Diversification ........... ...................................... .................................. ............ <br />16 <br />14.0 <br />Internal Controls ............................................................................................................. <br />16 <br />15.0 <br />Reporting ....................................... ...... 2 ........... ........ ........... ............................... <br />17 <br />16.0 <br />Policy Considerations ................................................................................................. P .. �. <br />18 <br />17.0 <br />Policy Review, Certification, and Adoption ...................................................................... <br />.................................................. ............................ .............. ................ .................. <br />19 <br />