Timely Preparation and Review of Disclosure Documents
San Diego Municipal Code § 22.4108
in effect§22.4108 Timely Preparation and Review of Disclosure Documents
(a) The Disclosure Practices Working Group shall be responsible for the following:
(1) reviewing the form and content of all of the City’s documents and materials prepared, issued, or distributed in connection with the City’s disclosure obligations relating to its securities, including without limitation, private placement memoranda, preliminary and final official statements and any supplements thereto, Comprehensive Annual Financial Reports, Annual Reports, and other filings made with the Municipal Securities Rulemaking Board, rating agency presentations, web-site postings, and other communications reasonably likely to reach investors or the securities markets; and,
(2) providing for the timely review of all disclosure materials requiring approval and certification by the City Manager, Chief Financial Officer and City Attorney.
(b) The Disclosure Practices Working Group also shall be responsible for reviewing disclosures provided by the City in connection with securities issued by the related entities, together with all of such documents and materials prepared, issued, or distributed in connection with such securities, to the extent that the City, the City Council, or City officers, or staff are responsible for the form or content of such documents or materials. As appropriate, the Disclosure Practices Working Group shall provide for the timely review of all such disclosure materials requiring approval and certification by the City Manager, Chief Financial Officer and City Attorney.
(c) The Disclosure Practices Working Group shall also be responsible for reviewing the audited financial statements of related entities if those audited financial statements will be appended to preliminary and final official statements or included in filings with the Municipal Securities Rulemaking Board.
(Added 10-11-2004 by O-19320 N.S.)
(Amended 2-19-2008 by O-19717 N.S.; effective 3-20-2008)
(Renumbered from former Section 22.4107, and amended 3-29-2010 by O-19942 N.S; effective 4-28-2010.)
Source: City of San Diego Office of the City Clerk, San Diego Municipal Code and City Charter (docs.sandiego.gov PDFs)URL: https://docs.sandiego.gov/municode/MuniCodeChapter02/Ch02Art02Division41.pdf#page=7Fetched: 10/28/2026