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Wayne County advances ordinance to allow up to five-year maturities for select investments to committee

Wayne County Commission · February 19, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The commission gave first reading to an ordinance amendment to Chapter 117 that would permit investments in U.S. treasuries, agencies, instrumentalities and municipal bonds with maturities up to five years; the matter was referred to the Committee on Ways and Means for further review.

The Wayne County Commission read for the first time an ordinance to amend Chapter 117 of the Wayne County Code of Ordinances to allow certain investment categories—U.S. treasuries, U.S. agencies and instrumentalities, and…

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