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AGENDA BILL Agenda Item No. 4(B)Date:March 6, 2018To:El Merritt City Councilor:Yvette Ortiz, Public Works Director/City EngineerSubject:California Office of Emergency Services (Cal YES) Form 130 Designation

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What is 7 official statement?

7 Official Statement is a document filed with the appropriate regulatory agency, providing essential information about an issuer of municipal securities.

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Issuers of municipal securities are required to file 7 Official Statement.

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To fill out 7 Official Statement, issuers need to provide detailed information about the securities being offered, the issuer's financial condition, and other relevant details.

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The purpose of 7 Official Statement is to provide investors with all necessary information to make informed decisions about investing in municipal securities.

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Information such as the issuer's financial health, the terms of the securities being offered, and any potential risks associated with the investment must be reported on 7 Official Statement.

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