File #: 2018-2106    Version: 1 Name:
Type: Resolution Status: Action
File created: 5/17/2018 In control: Board of Commissioners
On agenda: 9/11/2018 Final action: 9/11/2018
Title: Commission District(s): All Commission Districts The adoption of the County Debt Management Policy for the purpose of setting forth parameters for issuing debt and managing outstanding debt. The intent is to provide structure for decisions regarding types and amounts of permissible debt, method of sale that may be used, structural features that may be incorporated, and the timing and purposes for which debt may be issued.
Attachments: 1. 2018 07.24 Item 2018-2106.pdf, 2. Debt Management Policy Attachments, 3. Debt_Management_Policy 2017 Draftv4.27.18Non-Redlined2, 4. Investment Policy 2017 (Draft_7.24.17version)v.8.21, Non-Redlined2

Substitute

Public Hearing:  YES      NO                                                   Department: Finance                                     

 

SUBJECT:

Title

Commission District(s): All Commission Districts

The adoption of the County Debt Management Policy for the purpose of setting forth parameters for issuing debt and managing outstanding debt.  The intent is to provide structure for decisions regarding types and amounts of permissible debt, method of sale that may be used, structural features that may be incorporated, and the timing and purposes for which debt may be issued.

Body

 

Information Contact: Dianne McNabb, Interim Chief Financial Officer

Phone Number: 404-371-2745

 

PURPOSE:

This version changes content related to County titles for the Executive Assistant and Finance Director included within and specific verbiage about the intent of the policy itself. 

 

NEED/IMPACT:

The attached County policies explicitly:  (1)Set forth parameters for issuing debt and managing outstanding debt.  The intent is to provide structure for decisions regarding the timing and purposes for which debt may be issued, types and amounts of permissible debt, method of sale that may be used, and structural features that may be incorporated.  The Debt Policy Addendums include:  1. The Post-Issuance Compliance Policy; and 2.The Continuing Disclosure   

 

FISCAL IMPACT:

No Fiscal Impact

 

RECOMMENDATION:

Recommended Action

Adopt the County Debt Management Policy and Addendums