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INDIAN RIVER COUNTY, FLORIDA <br />OPER INVESTMENT POLICY <br />TABLE OF CONTENTS <br />I. <br />OVERVIEW AND PURPOSE............................................................................. 1 <br />II. <br />OBJECTIVES....................................................................................................... 1 <br />III. <br />DELEGATION OF AUTHORITY AND OVERSIGHT PROCEDURES.......... 1 <br />IV. <br />PRUDENCE......................................................................................................... 2 <br />V. <br />AUTHORIZED INVESTMENTS........................................................................ 3 <br />VI. <br />MATURITY AND LIQUIDITY.......................................................................... 3 <br />VII. <br />PERFORMANCE MEASURES.......................................................................... 3 <br />VIII. <br />PORTFOLIO COMPOSITION, RISK AND DIVERSIFICATION .................... 4 <br />IX. <br />AUTHORIZED INVESTMENT INSTITUTIONS AND DEALERS ................. 5 <br />X. <br />SAFEKEEPING AND CUSTODY...................................................................... 5 <br />XI. <br />BID REQUIREMENTS........................................................................................ 6 <br />XII. <br />INTERNAL CONTROLS..................................................................................... 6 <br />XIII. <br />REPORTING............................................................:...........................................6 <br />XIV. <br />CONTINUING EDUCATION...................................................I.......................... 7 <br />