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Agenda Item: Meeting Date:NB5 07/30/15MEMORANDUM TO:City Commissioner:Robert Dispirit, City Manager (2DATE:July 23,2015SUBJECT:Establish a Maximum Millage Rate for FY 2016PRESENTER:Allison Brother,

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What is nb-5?

nb-5 refers to the Form NB-5 which is a Notice of Proposed Issuance of Securities form filed with the Securities and Exchange Commission (SEC).

Who is required to file nb-5?

Any entity planning to issue securities must file Form NB-5 with the SEC.

How to fill out nb-5?

Form NB-5 can be filled out electronically through the SEC's Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system.

What is the purpose of nb-5?

The purpose of nb-5 is to notify the SEC and the public about a proposed issuance of securities by an entity.

What information must be reported on nb-5?

Form NB-5 requires information about the issuer, the type and amount of securities being issued, the proposed offering price, and other relevant details.

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