The treasurer shall maintain a list of financial institutions authorized to provide investment services for the village and to handle village funds. Additionally, the treasurer shall maintain a list of financial advisors and money managers. In order to be placed on these lists, the financial institution, financial advisor, or money manager must be approved based upon credit worthiness, meeting state and federal laws and regulations, and ability to provide necessary services or investment types for the village. (Ord. 1999-14 § 1 (part), 1999)