Prince George's County Council - Reference No. CR-076-2008

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Details

Reference No.

CR-076-2008 Draft No. 1

Type:

Resolution

Status:

Adopted

Meeting Body

County Council

Meeting Date

11/5/2008

Introduced Date

9/9/2008

Public Hearing Date

Effective date:

Title:

A Resolution for the purpose of adopting a Debt Management Policy for Prince George’s County to provide guidelines for the issuance of bonds and other forms of indebtedness to finance capital improvements, equipment acquisition and other related services

Proposers/Sponsors:

Samuel H. Dean, County Executive

Code sections:

None - None

Attachments:

1. ACTION SUMMARY T2008076, 2. INCLUSION FILE I-CR-76-2008 ATTACHMENT, 3. R2008076.pdf

Contact:

Joseph Hamlin Office of Law

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
11/18/2008		County Executive	signed		Action details	Meeting details	Not available
11/5/2008	1	County Council	adopted	Pass	Action details	Meeting details	Not available
10/20/2008	1	Sitting as the Committee of the Whole	Favorably recommended		Action details	Meeting details	Not available
9/9/2008	1	County Council	referred	Pass	Action details	Meeting details	Not available
9/9/2008		County Council	introduced		Action details	Meeting details	Not available

Title A Resolution for the purpose of adopting a Debt Management Policy for Prince George’s County to provide guidelines for the issuance of bonds and other forms of indebtedness to finance capital improvements, equipment acquisition and other related services Background The purpose of this Resolution is to adopt a Debt Management Policy to provide guidelines for the issuance of debt instruments to finance capital improvements, equipment acquisition and other related services. Adopting a Debt Management Policy is a fiscally prudent course of action because it promotes attainment of financial, planning and management objectives; takes a comprehensive approach to accountability; and, sets limits but preserves flexibility.

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