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Commissioners rescind investment resolutions and restore treasurer's investing authority under court order
Summary
Following an agreed partial judgment entry in litigation, Delaware County commissioners rescinded three earlier resolutions and restored the treasurer as the county’s investing authority, with a court‑ordered restriction against private placements during the treasurer’s remaining term.
Delaware County commissioners on May 8 rescinded three prior resolutions governing semiannual investment reviews and restored the county treasurer as the investing authority after a common pleas court entered an agreed partial judgment on May 6.
County counsel told the board the court order required rescission of Resolution Nos. 24‑759, 25‑175 and 25‑244 and restoration of the treasurer’s investing authority. The entry also included a prohibition: once…
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