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ATTY/RESO.0046/CC RESO APPROVING DEPT DISCLOSURE POLICIES & PROCEDURES – EXHIBIT A REV: 05-07-19 VR Last update: 5/20/2019 Page 7 of 11 The Disclosure Coordinator shall consider its review and any recommendation and advice received from officers and employees of the City and determine whether to propose a change to this Disclosure Policy. Any change to this Disclosure Policy shall be approved by resolution of the City Council. Definitions “Bonds” means bonds, notes, certificates of obligation, certificates of participation, and other debt obligations or securities of the City, or the payment of which the City is obligated to support by a lease, contract, or other arrangement, that are sold to or otherwise held or traded in by the public. “Public Statement” means any statement or other communication that is intended (or reasonably can be expected) to be accessible to and relied upon by investors in the City’s bonds, including, as applicable: (a) preliminary and final Official Statements and other documents by which securities are offered to the public by the City as well as solicitation statements by which the City offers to purchase its bonds or requests consents or waivers regarding bonds; (b) financial and operating data and Listed Event notices filed with the MSRB through EMMA pursuant to a continuing disclosure agreement; (c) other information filed with the MSRB through EMMA; (d) information uploaded or linked or posted to the investor information section of the City’s website; and (e) press releases and other formal statements of the City that are reasonably accessible by investors and that include information that is material to the City’s ability to repay its bonds in accordance with their terms. Miscellaneous This Disclosure Policy is intended for the internal use of the City only and is not intended to establish any duties in favor of or rights of any person other than the City. The officers and employees charged by this Disclosure Policy with performing or refraining from any action may depart from this Disclosure Policy when they and the Disclosure Coordinator in good faith determine that such departure is in the best interests of the City and consistent with the duties of the City under federal and state securities laws or the contractual disclosure obligations of the City. Any such departure undertaken solely by the Disclosure Coordinator shall require approval of the City Attorney. .