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2017/03/29 Council Agenda Packet
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2017/03/29 Council Agenda Packet
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Council Agenda Packet
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3/29/2017
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10 <br /> 6,3. The City Treasurer will charge a variable interest rate on all interfund loans equal to <br /> the monthly yield on the City's investment portfolio, such that the loaning fund <br /> experiences no adverse economic impact from the transaction. <br /> 7. Financial Disclosure <br /> 7.1. The City is committed to full, complete, and timely financial disclosure, and to <br /> cooperating fully with rating agencies, institutional and individual investors, agencies, <br /> other levels of government, and the general public to share clear, comprehensible, and <br /> accurate financial information. <br /> 7.2. The City shall provide annual disclosure information to the Municipal Securities <br /> Rulemaking Board's Electronic Municipal Market Access (EMMA) website, and <br /> maintain compliance with any continuing disclosure agreements established in <br /> coniunction with its bond issuances. Disclosure shall take the form of the <br /> Comprehensive Annual Financial Report(CARF) unless information is required by a <br /> particular continuing disclosure agreement that is not necessarily contained within the <br /> CAFR. <br /> 8. Repeal of Resolution#5856 <br /> 8.1. Resolution#5856 is hereby repealed. <br /> Councilperson Introducing Resolution <br /> Passed and Approved this day of , 20107. <br /> Council President <br />
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