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2015 05-19 CC PACKET
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2015 05-19 CC PACKET
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6/16/2026 11:10:10 AM
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6/16/2026 11:06:13 AM
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Administration
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ADM 00500
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PACKET
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PERMANENT
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6. Deadlines. The City conducts all tax exempt. financing matters: at -regularly scheduled - <br />meetings. Docurrients. for consideration must be at the City office -on the Tuesday preceding the <br />m meeting at which fhe..atter is. to be considered. <br />7. Post -Issuance. Compliance, The City will require that each borrower dembnstrate 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 zmder the City's Post Issuance Debt <br />Compliance.Poliey, approved . as amended from time to time. The <br />City -may require that borrowers rota' r a trustee *an47oz an Independent -arbitrage consultant for <br />the term ofthe bonds. <br />8: Issue for a Projeet Outside. the City. The City -will consider requests for tax exempt <br />financing of projects outside the City-. In these cases the non-refundable application fee and <br />administrative fees listed in paragraph 9 of Part II must be -paid and all procedures through the <br />approval of the preliminary :resolution followed, The. City reserves the, right to reject such <br />requests for any reason. <br />9. Departing From the Guidelines. The. -City may depart from this policy or guidelines if <br />in their judgment the project is deemed beneficial .to the community and the -project would not <br />take place without such departure. <br />
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