Page 429 - Fort Worth City Budget 2019

Debt Monitoring Policy

XIII. Responsible Persons:

Each Responsible Person shall receive appropriate training regarding the
Issuer's accounting system, contract intake system, facilities management and
other systems necessary to track the investment and expenditure of the
proceeds and the use of the Project financed or refinanced with the proceeds
of the Obligations. The foregoing notwithstanding, each Responsible Person
shall report to the City Council whenever experienced advisors and agents
may be necessary to carry out the purposes of these instructions for the
purpose of seeking City Council approval to engage or utilize existing advisors
and agents for such purposes.

7 | P a g e

429