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THE CITY OF _ <br /> tio <br /> ®LEASANT®No COTV C®UNCOL AGENDA REPORT <br /> January 17, 2017 <br /> Finance <br /> TITLE: APPROVAL OF A DEBT POLICY FOR THE CITY OF PLEASANTON <br /> SUMMARY <br /> The City has broad debt policies that have guided the City's debt issuances for several <br /> years However, the City has not had comprehensive debt management policies Senate <br /> Bill 1029 (SB 1029) requires local agencies that issue debt to adopt comprehensive debt <br /> management policies The proposed Debt Policy incorporates the City's existing debt <br /> policies with comprehensive debt management policies that adheres to the SB 1029's <br /> requirements <br /> RECOMMENDATION <br /> Approve the attached Debt Policy <br /> FISCAL IMPACT <br /> There is no financial impact associated with approving the proposed Debt Policy <br />