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NOTICE IS HEREBY GIVEN that a public hearing will be held before the County Executive of the County of Putnam at Room 300 of the County Office Building, 40 Gleneida Avenue, Carmel, New York 10512 on the 24th day of April, 2023, at 4:00 p.m. and again at 6:30 p.m., concerning:
A LOCAL LAW
Amending the Code of the County of Putnam, as approved and adopted by the Putnam County Legislature on April 4, 2023, by resolution #74, by repealing Chapter 41 entitled “Deposit & Investment Policy” and replacing it as follows.
This Local Law amends Chapter 41 by replacing it with a revised version of the same law by updating the eligible list of banks and trust companies authorized for the deposit of money by the County. In addition, the local law increases the sum that may be invested by the County into approved cash management programs, as well as expanding the number of programs in which the County may invest.
This Local Law shall take effect immediately upon the filing with the secretary of state.
Copies of the Local Law are available at the Office of the Putnam County Legislature, Room 313, 40 Gleneida Avenue, Carmel, New York 10512.
At the aforesaid time and place all persons interested in the subject matter thereof will be heard concerning same. Comments will also be accepted via regular mail submitted to the above referenced address, electronic mail to
40 Gleneida Avenue
Carmel, New York 10512
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