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10/28/2008 Resolutions 2008-311RESOLUTION 2008-311 WHEREAS, the City of Grand Island is a retail seller of electric, water and wastewater handling services to residential and commercial customers in and around Grand Island, Nebraska; and WHEREAS, Public Law 108-159 went into effect on December 4, 2003 and amends the Fair Credit Reporting Act; and WHEREAS, such amendment, known as the FACT Act, requires creditors, including utility companies, to comply with the Act no latter than November 1, 2008; and WHEREAS, the City of Grand Island is, as defined under 15 U.S.C. 1681 a(r)(5), a creditor that maintains and offers accounts for which there is a reasonably foreseeable risk of identify theft; and WHEREAS, compliance with the Act requires a creditor to create and implement a written Identity Theft Prevention Program. NOW, THEREFORE, BE IT RESOLVED BY the Mayor and Council ofthe City of Grand Island, Nebraska that the City hereby adopts the "City of Grand Island Identity Theft Prevention Program". BE IT FURTHER RESOLVED BY the Mayor and Council of the City of Grand Island, Nebraska that said Program is appropriate to the size and complexity of the City of Grand Island and the scope of its activities; and that the Program is reasonably calculated to identify and detect relevant Red Flags indicating a potential risk of identity theft, and includes appropriate responses to such Red Flags that will mitigate and prevent identity theft. BE IT FURTHER RESOLVED BY the Mayor and Council of the City of Grand Island that the Finance Director will review the Program from time to time in order to update policies as needed, in order to reflect changes in risks to the City's customers. Adopted by the City Council of the City of Grand Island, Nebraska, October 28, 2008. Margaret ornady, ayor Attest: ~~ ~ ~~ RaNae Edwards, City Clerk Approved as to Form n -~~~_ j October 27, 2008 n City Attorney