Sarasota County Debt Management Policy - Resolution 2021-184

RESOLUTION NO.2021- /cf' f 1021 OC1 i 5 AM 9: 07 KAREN E. RIJ SHiHG A RESOLUTION OF THE BOARD OF COUNTY r1 ERK Of THECIRCUIT COUR1 COMMISSIONERS OF SARASOTA COUNTY, FLORIDA _,_ s .e.RASOTf.i, cornnv. FL RE: ADOPTION OF REVISED DEBT MANAGEMENT POLICY WHEREAS, the Sarasota County Commission last adopted the Sarasota County Debt Management Policy on December 11, 2012; and WHEREAS, best practices issued by the Government Finance Officers Association with regard to government debt management policies have continued to evolve since that time; and WHEREAS, Federal Securities Law related to tax-exempt debt have also changed; and WHEREAS, the Governmental Accounting Standards Board have issued pronouncements related to tax- exempt debt and lease financings; and WHEREAS, it is in the best interest of the County and its citizens to update the Debt Management Policy to reflect these changes. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF SARASOTA COUNTY, FLORIDA, as follows: 1. ATTEST KAREN E. RUSHING, Clerk of the Circuit Court and Ex-Officio Clerk Of the Board of County Commissioners Sarasota County, Florida ' L7 \ By: ~ AJt/CG<-, Deputy Clerk