Issuers of tax exempt "governmental bonds" must comply with Federal tax rules pertaining to expenditure of proceeds for qualified costs, rate of expenditure, use of bond financed property, investment of proceeds in compliance with arbitrage rules, and retention of records. The following procedures and policies are intended to establish compliance by Salt Lake City, Utah (the "issuer") with these rules in connection with the issuance of tax exempt governmental bonds. These Tax Compliance Procedures may also be used by the issuer to ensure compliance with Federal tax rules for its currently outstanding tax exempt governmental bonds. (2019 Compilation)