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UTILITIES DEPARTMENT ENGINEERING DIVISION (CIP: EL11006) PROJECT TITLE: ELECTRIC UNDERGROUND REBUILD AND CONDUCTOR PROJECT PHASE 3 INVITATION FOR BIDS (IF) NUMBER: 157228 IF DUE DATE: DECEMBER 16,

How to fill out continuing disclosure statement

How to fill out continuing disclosure statement

1. Start by obtaining the continuing disclosure statement form from the appropriate regulatory body or organization.
2. Read the instructions and requirements carefully before filling out the form.
3. Provide all the necessary information asked in the form, such as the issuer's name, address, and contact details.
4. Include details about the financial obligations, securities being offered or sold, and any material events that occurred during the reporting period.
5. Use clear and concise language while describing the information and make sure it is accurate and up-to-date.
6. Follow any specific formatting or presentation requirements mentioned in the instructions.
7. Double-check all the entries and ensure that there are no errors or omissions.
8. Sign and date the form to confirm its authenticity and completeness.
9. Submit the filled-out continuing disclosure statement within the prescribed deadline either electronically or through the designated method mentioned by the regulatory body.
10. Retain a copy of the submitted form for future reference.

Who needs continuing disclosure statement?

1. Continuing disclosure statements are typically required by municipal issuers of bonds or other securities.
2. These issuers may include state or local governments, agencies, authorities, or other entities that issue debt securities.
3. In some cases, even private entities issuing securities that are subject to regulations may need to file continuing disclosure statements.
4. The exact requirements and regulations vary by jurisdiction and depend on the applicable laws and governing bodies.

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What is continuing disclosure statement?

A continuing disclosure statement is a formal document that municipal issuers of bonds are required to submit to provide ongoing information to investors about the status of their financial condition or other significant events that may impact the investment.

Who is required to file continuing disclosure statement?

Issuers of municipal securities, including state and local governments, public authorities, and other entities that issue bonds, are required to file continuing disclosure statements.

How to fill out continuing disclosure statement?

To fill out a continuing disclosure statement, issuers typically should include relevant financial information, event disclosures, and other updates as required by the applicable rules. They should ensure accuracy and completeness and may consult legal or financial advisors for assistance.

What is the purpose of continuing disclosure statement?

The purpose of a continuing disclosure statement is to ensure that investors in municipal securities have access to timely and accurate information about the financial health and operational status of the issuing entity, thereby promoting transparency and informed investment decisions.

What information must be reported on continuing disclosure statement?

Information that must be reported includes annual financial statements, significant financial events, audited financials, changes in credit ratings, and certain operational and financial information that could affect the issuer's ability to meet its obligations.