Resolutions-2017-117

Appendix II Written Procedures Regarding Continuing Disclosure 1. The City Administrator shall be responsible for compliance with the Issuer’s obligations under continuing disclosure agreements, undertakings or certificates (the “CDC”), including without limitation annual filings, material event notice filings, voluntary filings and other filings required by the CDC. 2. Prior to execution of a CDC in connection with a bond issue, the CDC shall be discussed with bond counsel, the underwriter and financial advisor to ensure a full understanding of Issuer obligations. 3. The City Administrator shall have primary responsibility for ensuring that statements or releases of information relating to the Issuer’s finances to the public that are reasonably expected to reach investors and the financial markets, including website updates, press releases and market notices, are accurate and not misleading in any material respect. The City Administrator shall work to ensure that all public statements and information released by the Issuer are accurate and not misleading in all material respects. 4. The City Administrator shall be responsible for compiling and maintaining a list of all outstanding bond issues subject to continuing disclosure, noting the applicable filing dates [see attached table format, Part I, for tracking this information (the “Disclosure Table”)]. 5. The City Administrator shall be responsible for assembling and maintaining copies of the final CDC and final Official Statements for each applicable bond issue, together with any third-party Dissemination Agent Agreements, if applicable. 6. The City Administrator shall document and track the required information to be filed, including dates such information is filed [see attached Disclosure Table, Part II]. 7. The City Administrator shall be responsible for registering for continuing disclosure filing email reminders from the “EMMA” website (http://emma.msrb.org). 8. At least 30 days prior to the earliest filing deadline listed on the Disclosure Table, the City Administrator shall begin the process of compiling necessary information required by the CDCs (and coordinate with outside professionals hired to compile this information, if applicable). 9. At least 10 days prior to each filing deadline, the City Administrator shall determine whether all necessary items have been compiled for filing pursuant to the CDC requirements (including review with outside professionals if applicable). 10. At least 3 days prior to each filing deadline, the City Administrator shall file (or cause any Dissemination Agent to file) the necessary items on the EMMA website. After filing, the City Administrator shall confirm that all items have, in fact, been filed on EMMA as required, and shall note the filing date on the Disclosure Table. 11. In addition to the continuing disclosure filings, the City Administrator shall be responsible for determining whether any of the following “listed events” has taken place and if so, discuss the same with its external legal and financial professionals and cause the filing of notice to be made on EMMA within ten business days of such events: