Disclaimer

All information in this section of the City’s website is for general informational purposes only. It is provided “as is” without warranty of any kind, and the City makes no representation, expressed or implied, as to its accuracy, reliability, completeness, or timeliness. The City is not obligated to update any of this information, although it may do so from time to time.

The information in this section of the City’s website:

1: Does not constitute an offer to sell or buy securities or the solicitation of an offer to sell or buy securities;

2: Is not intended to replace any information provided by, or any consultation with, a professional financial advisor;

3: Should not be the basis of investment decision or relied upon in making an investment decision;

4: May be outdated, inaccurate, or incomplete;

5: May include “forward-looking statements” that differ from what actually happens.

By entering this section of the City’s website, you acknowledge that you understand and accept the disclaimer set forth above.

Continuing Disclosure

Keyboard with Continuing Disclosure key higlighted in blue open_in_full

A continuing disclosure certificate (or agreement) is the document that contains the detailed requirement for the issuer to provide ongoing disclosure filings through the life of the debt issue.

Those filings consist of annual reports incorporating details pertaining to items specific to the debt issue, and event notices, as required under SEC Rule 15c2-12, when specific events, such as rating changes, occur. Additionally, some issues have additional requirements to annually submit reports to CDIAC (the California Debt and Investment Advisory Commission).

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