Austin |
Land Development Code |
Title 25. LAND DEVELOPMENT. |
Chapter 25-9. WATER AND WASTEWATER. |
Article 2. WATER DISTRICTS. |
Division 6. Water District Bond Issuance. |
§ 25-9-286. AUDITOR REVIEW; RELEASE OF OFFICIAL STATEMENT.
(A)
The city auditor shall review the preliminary and final official statements of the water district that include the City's financial statements and audited opinion.
(B)
Until the city auditor completes the required review, an official statement described in Subsection (A) may not be disclosed to a person, other than:
(1)
an employee of the City; or
(2)
a consultant who is assisting the water district to structure the issuance of a water district bond.
Source: Section 13-1-371; Ord. 990225-70; Ord. 031211-11.