home
Home
code
Code
Code
Index
law
Laws (2)
New Laws (2)
help_center
Help
Help
About Us
ecode
ecode
search
Login
Town of Westfield, NY
chevron_right
2024-03-06
info
chevron_right
Part I Administrative Legislation
chevron_right
Chapter 27 Investment Policy
Administrative Legislation
Ch 1
General Provisions
Ch 5
Auxiliary Police
Ch 9
Cable Access Advisory Committee
Ch 14
Defense and Indemnification
Ch 19
Ethics, Code of
Ch 27
Investment Policy
§ 27-1
Guidelines.
Ch 33
(Reserved)
Ch 37
Procurement Policy
Ch 41
Records
Ch 44
Terms of Office
General Legislation
Ch 52
Alcoholic Beverages
Ch 56
Animals
Ch 61
Bingo
Ch 65
Boats, Mooring of
Ch 70
Buildings, Numbering of
Ch 74
Buildings, Unsafe
Ch 92
Fire Prevention and Building Construction
Ch 96
Flood Damage Prevention
Ch 101
Games of Chance
Ch 104
Highways
Ch 106
Junkyards
Ch 111
Littering
Ch 113
Mobile Food Vending
Ch 115
Mobile and Modular Homes
Ch 121
Parks and Recreation Areas
Ch 132
Sewers
Ch 139
Snowmobiles
Ch 143
Solid Waste
Ch 148
Streets and Sidewalks
Ch 151
Subdivision of Land
Ch 156
Taxation
Ch 165
Vehicles and Traffic
Ch 175
Water
Ch 185
Zoning
Appendix
Ch A191
Drug and Alcohol Testing
Disposition List
Ch DL
Disposition List
arrow_back
print
Print
email
Email
download
Download
share
Share
add_alert
Get Updates
arrow_forward
Chapter 27
Investment Policy
[HISTORY: Adopted by the Town Board of the Town of Westfield
4-5-1995
. Amendments noted where applicable.]
GENERAL REFERENCES
Procurement policy — See Ch.
37
.
§ 27-1
Guidelines.
chevron_right
§ 27-1
Guidelines.
A.
All deposits and investments will conform to all applicable federal, state and other legal requirements.
B.
There will be a competitive rate of return.
C.
Investments will provide sufficient liquidity to meet operating requirements.
D.
No funds will be invested in any manner that risks original capital.
E.
Funds may be invested in commercial banks designated by the Town Board each January. Banks will provide adequate collateral.
F.
Funds may also be invested in the Chautauqua County Municipal Investment Program.