Title
A RESOLUTION TO AUTHORIZE A MUNICIPAL SECURITIES POST-ISSUANCE DISCLOSURE POLICY OF THE CITY OF FOLEY
Summary
Description of Topic: (who, what, where, when, why and how much)
This Municipal Securities Post-Issuance Disclosure Policy was prepared by Digital Assurance Certification, LLC (DAC) to ensure compliance with SEC Rule 15c2-12. The City has contracted with DAC for post-issuance compliance services since 2015. Attorney Heyward Hosch with Maynard, Cooper & Gale has reviewed the policy and recommends it replace the Policy for Continuing Disclosure under SEC Rule 15c2-12 that was adopted via Resolution 19-1269.
Budgetary Impact: N/A
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.**Request to Transfer Departmental Budget Dollars form must be attached**
____ Not budgeted requiring increase to account #___________ in the amount of $____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital - Departmental **Capital Purchase Worksheet form must be attached**
____ Budgeted under account #______________ for $_________ and described in budget as ________________________. Additional amount needed, if any: Increase in budget of $_________ OR, transfer of $________ from Account #____________ to Account #_____________**Request to Increase OR Request toTransfer Departmental Budget Dollars form must be attached**
____ Not Budgeted - account #____________ requires budget increase of $_____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital Project - **If requesting to start a project, a Capital Project Worksheet form must be attached**
In current year Capital Projects Plan:
_____ Yes, described as __________________________, planned amount $___________, requesting $_________ as total project e...
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