Legal Documents of Dandridge

Code of Dandridge

Table of Contents » Title 5 Municipal Finance and Taxation » Chapter 5 Debt Management Policy » § 5-505 Transparency.
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Title 5
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Title 5, Chapter 1
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§ 5-101
Dandridge
Title 5 : Municipal Finance and Taxation
Chapter 5 : Debt Management Policy

5-505 : Transparency.

  1. The town shall comply with legal requirements for notice and for public meetings related to debt issuance.
  2. All costs (including principal, interest, issuance, continuing, and one (1) time) shall be clearly presented and disclosed to the board of mayor and aldermen, citizens, and other stakeholders in a timely manner.
  3. The terms and life of each debt issue shall be clearly presented and disclosed to the board of mayor and aldermen, citizens, 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 board of mayor and aldermen, citizens, and other stakeholders in a timely manner.
  5. The issuance of debt has various approvals and on occasion, written reports provided by the State of Tennessee Comptroller's Office either prior to adoption of resolutions authorizing such debt, prior to issuance, and/or following issuance. The town shall provide the Tennessee Comptroller's Office sufficient information on the debt to not only allow for transparency regarding the issuance, but also assuring that the comptroller's office has sufficient information to adequately report or approve any formal action related to the sale and issuance of debt. The town will also make this information available to the board of mayor and aldermen, citizens, and other stakeholders.
  6. The town will file its comprehensive annual financial report and any continuing disclosure document prepared by the town or its dissemination agent as may be required, and shall make available the same to all interested parties. (Ord. #11/12-08, Nov. 2011)
Date Last Updated: 09/10/2019
Codification Date: 06/01/2019

Officials at Date of Last Codification:

Mayor - George Gantte 
Vice Mayor - Todd Kesterson 
Aldermen - Mike Chambers 
Aldermen - Jeffrey Depew 
Aldermen - Jessie Elder 
Aldermen - Mike Nelson 
Aldermen - Marianne Reese 
Town Recorder - Cathy Dixon

Date Last Updated: 09/10/2019
Codification Date: 06/01/2019

Officials at Date of Last Codification:

Mayor - George Gantte 
Vice Mayor - Todd Kesterson 
Aldermen - Mike Chambers 
Aldermen - Jeffrey Depew 
Aldermen - Jessie Elder 
Aldermen - Mike Nelson 
Aldermen - Marianne Reese 
Town Recorder - Cathy Dixon