Legal Documents of Baneberry

Code of Baneberry

Baneberry
Title 5 : Municipal Finance and Taxation
Chapter 5 : Debt Management Policy

5-504 : Transparency.

  1. The city shall comply with legal requirements for notice and for public meetings related to debt issuance.

    All notices shall be posted in the customary and required posting locations, including as required local newspapers, bulletin boards, and websites.

  2. All costs (including principal, interest, issuance, continuing, and onetime) shall be clearly presented and disclosed to the citizens, city council, and other stakeholders in a timely manner.
  3. The terms and life of each debt issue shall be clearly presented and disclosed to the citizens/members, city council, and other stakeholders in a timely manner.
  4. A debt service schedule outlining the rate of retirement for the principal amount shall be clearly presented and disclosed to the citizens/members, city council, and other stakeholders in a timely manner. (Ord. #211-6, Dec. 2011)
Date Last Updated: 06/20/2022
Codification Date: 06/20/2022

Officials at Date of Last Codification:

Mayor - Donna Hernandez

Vice Mayor - Tom Carter

City Commissioner - Gary Zander

City Manager - Thomas Nuzzi

City Attorney - Doug Drinnon