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Delaware County commissioners amend investment resolution, designate finance director as investing authority
Summary
The Board of Commissioners of Delaware County voted to amend Resolution 25-175 by adopting Resolution 25-244, replacing Section 3 to designate the county’s director of finance, Justin Nave, as the investing authority in place of the Delaware County Treasurer and directing counsel to pursue legal action if needed.
The Board of Commissioners of Delaware County voted to adopt Resolution 25-244, amending Resolution 25-175 to designate Justin Nave, the county’s director of finance, as the county’s investing authority, replacing the Delaware County Treasurer immediately upon adoption.
The change, read into the record by Eric Hostetler, general counsel, also directs the board’s legal counsel to “initiate, prosecute, and defend any legal action necessary as a result of the designation,” and directs the clerk to provide written notice of the change to the treasurer.
The amendment, described…
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