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This document serves as a continuing disclosure certificate, providing financial information about the City of Grand Rapids, Michigan, including bond issues, tax data, demographic facts, and various
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How to fill out continuing disclosure certificate

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How to fill out Continuing Disclosure Certificate

01
Begin with the proper header identifying the issuer and the date.
02
Include the title 'Continuing Disclosure Certificate'.
03
State the name of the bond issue and the related security.
04
Provide information on the issuer's obligations under the SEC Rule 15c2-12.
05
Detail the types of financial information to be disclosed periodically.
06
Specify any event-based disclosures required.
07
Include a signature line for the responsible officer.
08
Add any relevant attachments or exhibits that provide further detail.

Who needs Continuing Disclosure Certificate?

01
Issuers of municipal securities.
02
Underwriters involved in the securities offering.
03
Investors who require ongoing financial information about the issuer.
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A Dissemination Agent typically collects and compiles the Issuer's or Borrower's annual financial information and audited financial statements and files this information with the online database operated by the MSRB, entitled Electronic Municipal Market Access (“EMMA”) In addition, the Dissemination Agent assists the
Specifically, SEC Rule 15c2-12 requires that underwriters of municipal securities, before bidding, purchasing, or selling a municipal security in the primary market, must obtain and review the issuer's preliminary and final official statements and reasonably determine that the issuer has committed to provide continuing
Under section 3(a)(2) of the 1933 Securities Act , however, when local and state governments issue municipal bonds they generally do not need to register the bonds with the SEC . Similar to many other forms of debt, municipal bonds have principal , interest , and maturity .
Open Split View. A dissemination device means any device designed or having the capacity to spread radioactive material with a view to contaminating a surface or a space; Sample 1 Draft Instantly.
Common methods of dissemination include: Presenting program results to local community groups and other local stakeholders. Creating and distributing program materials, such as flyers, guides, pamphlets and DVDs. Creating toolkits of training materials and curricula for other communities.
Dissemination is the targeted distribution of information and intervention materials to a specific public health or clinical practice audience. The intent is to spread knowledge and the associated evidence-based interventions.
the act of spreading news, information, ideas, etc. to a lot of people: the dissemination of information.

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A Continuing Disclosure Certificate is a document that allows issuers of municipal securities to provide ongoing financial and operating information to the investors and market regarding the securities after their initial sale.
Generally, issuers of municipal securities, including states, municipalities, and other governmental entities that issue bonds, are required to file Continuing Disclosure Certificates.
To fill out a Continuing Disclosure Certificate, the issuer must provide detailed information regarding the financial condition, operational performance, and any changes affecting the bond offering, following the guidelines established by the Municipal Securities Rulemaking Board (MSRB).
The purpose of a Continuing Disclosure Certificate is to provide transparency and ensure that investors have access to updated and relevant information regarding their investments in municipal securities, thereby promoting market stability.
The information that must be reported includes annual financial statements, operating data, significant financial events, changes in financial condition, and any other relevant updates that may affect the securities.
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