10/28/2014 Resolutions 2014-333 RESOLUTION 2014-333
WHEREAS, the Municipalities Continuing Disclosure Cooperation Initiative(the
"Initiative") of the Securities and Exchange Commission ("Commission") has been introduced
for municipal issuers and underwriters, and the underwriter of the City has reported one or more
of the City's bond issues to the Commission pursuant to the Initiative; and
WHEREAS, the City has evaluated the benefits and risks of participation in the
Initiative and has determined that participation in the Initiative is appropriate for the City to reduce
future risk and uncertainty;
WHEREAS, the deadline for self-reporting to the SEC is December 1, 2014.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL
OF THE CITY OF GRAND ISLAND, NEBRASKA, that the City Council hereby authorizes the
City to participate in the Initiative under the terms of the Initiative,and further authorizes the Mayor
to approve, finalize, execute and deliver for and on behalf of the City any and all documents,
certificates and questionnaires necessary or appropriate for the City to participate in the Initiative
including, without limitation, an agreement with the Commission under the terms set forth in the
Initiative.
Adopted by the City Council of the City of Grand Island, Nebraska, October 28, 2014
stf
Ad,
j
----Jy /avri•ek, Mayor
Attest:
111 • L j •
RaNae Edwards, City Clerk
Approved as to Form 0 at
October 27,2014 ❑ 'Attorney