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?Vlayfaeld KiIlage Investment Pvlicy <br />An annual review of the financial condition and registration of qualified bidders will be <br />conducted by the Directar of Finance. A current audited fmancial state is required to be on fi1e for each financial institutian and <br />brokerldealer in which Mayfield Village invests. <br />8. 0- Authorized & Vuitctble Invost?rwnts: Mayfield Village is empowered by statute to <br />invest in the following types of securities: <br />U.S_ Treasury Bills <br />U.S. Treasury Nates provided that they mature within two years of purchase, <br />U, 5. Treasury Bonds provided that they mal:ure within two years of purchase. <br />Tnstruznentalities of ihe Federal fann credit banks provided that they mature <br />within two years of purchase. <br />Tnstrumcntalities of,the FNMA pravided tha1: they mature within two years of <br />purchase. <br />Ageiicies and instrumentalitics of Federa! Home Loan Banks provided that they <br />maturc within two years of purchase. <br />Agencies of the Small Business Administration Loans providcd thai: they ntature <br />within two years of purchase. <br />Instrumentalities of the Student Loan Marketing Association provided that they <br />matiire within two ycars of purchase. <br />Agencies of the GNMA providcd that they nnature within two years of purchase. <br />Instiumentalities of the FHLMC (Freddie Mac) provided that they mature within <br />two years of purchase. <br />Certiiicates of Deposits with financial institutions which have an execated and <br />appsoved depositary agreement in effect with Mayfield'ilillage. <br />Repurchase A;greements with financial institutions which have an executed <br />Master Repurchase Agrcement with the Vi11age. <br />S.T.A.R. Ohio, the Local Government Inveslment Pool operated by the Treasurer <br />of the Sta,te of Ohio. <br />Fagc 4 of 6