(A) It is in the best interest of the village to adopt a policy and procedure for preparing and updating disclosures with respect to the village's responsibilities under the Securities and Exchange Act of 1934.
(B) The Policies and Procedures for Preparing and Updating Disclosures attached as Exhibit A to Ord. 1117 be and is hereby adopted by the Village of Elwood as its official policies and procedures for preparing and updating disclosures.
(Ord. 1117, passed 9-4-2019)