(A) The Town Council hereby endorses the Clerk-Treasurer's declaration, attached to Ord. 2016-1, regarding policy on materiality and a process for reporting material items.
(B) The Town Council calls upon the Clerk-Treasurer and all town officials, employees, and agents to enforce and comply with the policy on materiality and process for reporting material items and to report noteworthy items to the Town Council.
(C) The Town Council shall monitor, as it deems necessary, compliance with the policy on materiality and process for reporting material items.
(D) The Town Council asks the Clerk-Treasurer to advise the Town Council of any changes in the policy on materiality and process for reporting material items.
(Ord. 2016-1, passed 4-11-2016)