Laserfiche WebLink
obligations except for identifiable projects with very good prospects of timely initiation. <br />Because of the complexity of the arbitrage rebate regulations and the severity of non- <br />compliance penalties, the City will use the services of Bond Counsel and other arbitrage <br />compliance experts when determining arbitrage liability, reporting, and exemptions. <br />3.9 Financial Disclosure. The City is committed to full and complete financial disclosure and to <br />cooperating fully with rating agencies, institutional and individual investors, other levels of <br />government, and the general public to share clear, comprehensible, accurate, and timely <br />financial information. Continuing disclosure requirements under Rule 15c2 -12 issued by the <br />Securities and Exchange Commission (SEC) may apply to certain debt transactions of the <br />City. The City will comply with all such Federal or other State reporting requirements on a <br />timely basis. The City is committed to meeting continuing disclosure requirements of the <br />national information repositories. <br />25 <br />