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Funds on deposit in excess of 30 days working capital may be invested in insured deposits at a commercial bank, savings and loan association, or investment company offering the highest interest rate; provided, that investment deposits shall have immediate liquidity. Investment deposits shall be made by the utility authority’s secretary/treasurer or authorized representative. Withdrawals of investments shall require approval of the utility authority and shall be signed by two of the officers of the utility authority or their designated staff. [Ord. 71 § 1306, amended, 1/21/2021; Ord. 66 § 1306, amended, 2/6/2020; Ord. 55 § 1306, adopted, 2/21/2019.]