Title
A resolution adopting a Continuing Disclosure Policy for the City of Mesquite.
Body
The City Finance Department is proposing to formalize certain financial policies of the City in order to strengthen financial operations and obtain City Council approval of each policy.
This policy is for establishing policies and procedures regarding continuing disclosure of certain financial information. The City desires to (i) ensure that the City’s financial disclosures are fair and accurate, and comply with all applicable federal and state securities laws, (ii) satisfy, in a timely manner, all contractual obligations undertaken pursuant to the City’s Continuing Disclosure Undertakings, and (iii) promote best practices relating to financial disclosures by the City.
Recommended/Desired Action
Staff recommends approval of the resolution.
Attachment(s)
Resolution
Drafter
Debbie Mol
Head of Department