I-2 - Resolution 2021-016 - Adoption of Amended and Restated Policies for Securities Disclosure

RESOLUTION NO. 2021-016 Resolution Authorizing Adoption of Amended and Restated Policies and Procedures Regarding Municipal Securities Disclosure WHEREAS, pursuant to the laws of the State of Iowa, the City of Tiffin, Iowa (the “City”) has publicly offered, and likely will issue and publicly offer in the future, its notes, bonds or other obligations (the “Bonds”); and WHEREAS, in November of 2017, the City adopted certain Policies and Procedures Regarding Municipal Securities Disclosure (the “Original Disclosure Policy”) to be followed in connection with the issuance and on-going administration of publicly offered Bonds; and WHEREAS, as a result of certain changes in federal law, the City deems it necessary and desirable to amend and restate the Original Disclosure Policy; and WHEREAS, the proposed Amended and Restated Policies and Procedures Regarding Municipal Securities Disclosure are attached hereto as Exhibit A (the “Disclosure Policies and Procedures”); NOW, THEREFORE, Be It Resolved by the City Council of the City of Tiffin, Iowa, as follows: Section 1. The Disclosure Policies and Procedures attached hereto as Exhibit A are hereby adopted and shall be dated as of the date hereof. Section 2. All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Passed and approved March 2, 2021. __________________________________________ Mayor Attest: __________________________________________ City Clerk At the conclusion of the meeting, and upon motion and vote, the City Council adjourned. __________________________________________ Mayor Attest: __________________________________________ City Clerk