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This document serves as the annual financial reporting by the City of Grand Rapids, Michigan, including various financial statements, trends, and disclosures related to revenue, expenditures, debt,
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How to fill out continuing disclosure certificate

How to fill out Continuing Disclosure Certificate
01
Begin with the header containing the title 'Continuing Disclosure Certificate'.
02
Fill in the issuer's name and relevant contact information at the top.
03
Provide the bond issue date and the identifying information of the bonds.
04
Include a statement affirming the issuer’s commitment to provide continuing disclosure.
05
Outline the specific information that will be disclosed, such as annual financial statements and operating data.
06
Indicate the timeframe for submitting the required disclosures (e.g., annually, semi-annually).
07
Include any exemptions or limitations applicable to the disclosures.
08
Sign and date the certificate at the bottom by an authorized representative of the issuer.
Who needs Continuing Disclosure Certificate?
01
Municipal bond issuers who are legally obligated to provide ongoing information to investors about the financial condition of the bonds.
02
Underwriters involved in the sale of municipal securities.
03
Investors in municipal securities seeking transparency and updated financial information.
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People Also Ask about
What is a dissemination agent?
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
What are the requirements for the SEC Rule 15c2 12?
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
Are municipal bonds registered with the SEC?
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 .
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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.
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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.
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the act of spreading news, information, ideas, etc. to a lot of people: the dissemination of information.
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What is Continuing Disclosure Certificate?
A Continuing Disclosure Certificate is a document that obligates an issuer of municipal securities to provide ongoing financial and operating information to investors and the market to ensure transparency and compliance with securities regulations.
Who is required to file Continuing Disclosure Certificate?
Issuer of municipal securities, including state and local governments, as well as certain entities involved in the issuance of bonds, are required to file a Continuing Disclosure Certificate.
How to fill out Continuing Disclosure Certificate?
To fill out a Continuing Disclosure Certificate, the issuer must provide accurate financial statements, operating data, and any events that materially affect the financial status or operations of the issuer, typically in a structured format as required by the SEC.
What is the purpose of Continuing Disclosure Certificate?
The purpose of the Continuing Disclosure Certificate is to ensure that investors receive timely and reliable information about the issuer’s financial condition and operational performance, thus allowing for informed investment decisions.
What information must be reported on Continuing Disclosure Certificate?
Information that must be reported includes annual financial statements, operating data, material events affecting the securities, and any other relevant financial updates that impact the issuer's bond securities.
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