CC Resolution 11996RESOLUTION NO. 11996
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CAMPBELL ADOPTING DISCLOSURE POLICIES AND PROCEDURES RELATED TO
ISSUANCE OF MUNICIPAL SECURITIES
WHEREAS, the Securities and Exchange Commission (the "SEC") recommends that
issuers of municipal bonds adopt policies and procedures related to disclosure to investors at
the time securities are issued and continuing disclosure undertakings; and
WHEREAS, in response to the SEC's recommendations, and in order to better ensure
compliance with federal securities laws and its continuing disclosure obligations, the City finds it
desirable to adopt and maintain disclosure policies and procedures; and
WHEREAS, there has been presented to this City Council a proposed form of disclosure
policies and procedures (the "Procedures");
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Campbell as
follows:
Section 1. The City Council hereby approves and adopts the Procedures, including
Exhibit A thereto, presented to the City Council.
Section 2. This resolution shall take effect from and after the date of its passage and
adoption.
PASSED AND ADOPTED this 7th day of June, 2016, by the following roll call vote:
AYES Councilmembers: Kotowski, Resnikoff, Cristina, Gibbons, Baker
NOES : Councilmembers: None
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: None
APPROVED:
ATTEST:
Wendy o d, City Clerk
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Jas n .Baker, Mayor