I-1 - Preliminary Official Statement - UR Loan Agreement

City of Tiffin Schedule of Findings Year ended June 30, 2019 The 28E agreement should be approved annually by City Council resolution. Response – The City will consult its legal counsel to determine the validity of the City’s arrangement with the Tiffin Fire Association to provide fire protection services. Conclusion – Response acknowledged. If the arrangement is determined to be valid, the City should ensure the contract with the Fire Association is renewed annually through City Council resolution and the City should establish procedures to ensure continued oversight of the public funds provided to the Association. 63