A. Financing Team: For each debt issue, the City will have in place a financing team, including qualified and reputable financial advisors, underwriters, bond attorneys and trustees necessary for the financing.
B. Stabilizing Budget Requirements: The City will attempt to stabilize the budget requirements of debt issues by structuring annual debt service payments in approximate equal (level) amounts over the life of the issue, unless anticipated available revenues dictate otherwise, or if the estimated useful life of the financed project(s) suggests a different maturity schedule. (2019 Compilation)