City of Madison

City of Madison Finance | Photo Credit: Archie Nicolette


Credit opinion

municipal advisor rule disclosure

Municipal Advisor Rule under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010

By publicly posting the following written disclosure, the City of Madison intends that market participants receive and use it for purposes of the Independent Registered Municipal Advisor (IRMA) exemption to the SEC Municipal Advisor Rule.

The City of Madison (the "City") has retained Springsted Incorporated as its Independent Registered Municipal Advisor (IRMA). The City is represented by and will rely on Springsted Incorporated to provide municipal advisor advice on proposals from financial services firms concerning the issuance of municipal securities and municipal financial products. Springsted Incorporated has not been retained by the City to provide advice on the investment of bond proceeds under the IRMA exemption.

This certificate may be relied upon until December 31, 2015.

Proposals and inquiries may be addressed to:
David Schmiedicke, Finance Director
City of Madison
City-County Building, Room 406
210 Martin Luther King, Jr. Blvd
Madison, WI 53703

Joseph Murray, CIPMA, Vice President
Springsted, Incorporated
710 North Plankinton Avenue, Suite 804
Milwaukee, WI 53203