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2012-076 Amend Policy Manual 6-I Debt ComplianceCITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2012-076 A RESOLUTION AMENDING LEGISLATIVE POLICY MANUAL, ESTABLISHING CHAPTER 6-I DEBT COMPLIANCE POLICY WHEREAS, The IRS now requires governmental jurisdictions who sell tax exempt bonds to formally notify them when filing Form 8038G whether they have post -issuance Debt Compliance Policies in place; and WHEREAS, no formal policy currently for post -issuance Debt Compliance for the City of Hopkins; NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins hereby establishes Legislative Policy 6-I, Debt Compliance Policy. EFFECTIVE DATE: This amendment will go into effect on October 16, 2012. Adopted by the City Council of the City of Hopkins this 16th day of October, 2012. By Euge J. xwell, Mayor ATTEST: Kristine A. Luedke, City Clerk