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10-13-09
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10-13-09
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• 6. Deadlines. The Council conducts all tax exempt financing matters at regularly scheduled <br /> Council meetings held on the second and last Monday of each month. Documents for <br /> Council consideration must be at the City office on the Monday preceding the Council <br /> meeting at which the matter is to be considered. In the case of a publicly offered bond, issue <br /> the documents, when submitted, may specify a maximum price and maximum effective <br /> interest rate if prices and rates have not yet been established. <br /> 71,`APost-Issuance Compliance. The City will require that each borrower demonstrate to the City <br /> that the borrower will comply with substantially the same procedures for post-issuance <br /> compliance that apply to City governmental bonds under the City's Post Issuance Debt <br /> Compliance Policy, approved September 14, 2009, as amended from time to time. The City <br /> may require that borrowers retain a trustee and/or an independent arbitrage consultant for <br /> the term of the bonds. <br /> 1111 <br /> • <br /> 6 <br />
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