Sec. 104.210. - Standardization of bond instruments and registration procedures.

The Director of Finance and Administration and the Treasurer are authorized to conduct studies; attend conferences, workshops, seminars and similar gatherings; and cooperate with other local and State governmental officials, and commercial firms interested in the municipal bond market with respect to the standardization of bond instruments and registration procedures for the efficient, accurate and timely issuance, sale, transfer and registration of the City's bonds in the bond market throughout the life of each bond issue. (Ord. 83-591-400, § 1; Ord. 86-1305-736, § 3; Ord. 2016-140-E , § 16) Editor's note— The Tax Equity and Fiscal Responsibility Act of 1982 [P.L. 97-248] requires all bonds issued by a municipality after June 30, 1983 to be issued in registered form (with certain exceptions) in order to be tax-exempt under the Internal Revenue Code. Editor's note— Ordinance 2007-839-E, § 18, authorized updated department/division names pursuant to reorganization.