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Ordinance 3291-12
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Ordinance 3291-12
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11/10/2016 9:10:53 AM
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Ordinances
Ordinance Number
3291-12
Date
9/5/2012
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official statement for the Bonds under the heading "Statement of General Fund Revenues and <br /> Expenditures"; <br /> 2. The assessed valuation of taxable property in the City; <br /> 3. Ad valorem taxes due and percentage of taxes collected; <br /> 4. Property tax levy rate per$1,000 of assessed valuation; and <br /> 5. Outstanding general obligation debt of the City. <br /> Items 2-5 shall be required only to the extent that such information is not included in the annual <br /> financial statements. Such annual information and operating data described above shall be so <br /> provided on or before the expiration of nine months after the end of the City's fiscal year. The <br /> City's current fiscal year ends December 31. The City may adjust such date if the City changes <br /> its fiscal year by providing written notice of the change of fiscal year and the new reporting date <br /> to the MSRB. In lieu of providing such annual financial information and operating data, the City <br /> may cross-reference to other documents available to the public on the MSRB's internet website <br /> or filed with the Commission and, if such document is a final official statement within the <br /> meaning of the Rule, available from the MSRB or Commission. <br /> If not provided as part of the annual financial information discussed above, the City shall <br /> provide the City's audited annual financial statement prepared in accordance with the Budgeting <br /> Accounting and Reporting System prescribed by the Washington State Auditor pursuant to <br /> RCW 43.09.200 (or any successor statute) when and if available to the MSRB. <br /> (c) Material Events. The City agrees to provide notice of the following material <br /> events not in excess of ten business days after the occurrence of the event: <br /> • Principal and interest payment delinquencies; <br /> • Non-payment related defaults, if material; <br /> -27- P:\20287 CMWM20287 9RD 08/14/12 <br />
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