HomeMy WebLinkAboutResolution 070-2009 Resolution No. 70-09
Resolution Adopting the City of Brookings Identity Theft Policy pursuant to the
Requirements of the Fair and Accurate Credit Transactions Act of 2003
Be It Resolved by the City Council of the City of Brookings, South Dakota as follows:
Whereas,the Fair and Accurate Credit Transactions Act of 2003 ("FACTA") and regulations and
guidelines promulgated by the Federal Trade Commission require creditors and financial
institutions to develop and implement written"identity theft prevention programs"; and
Whereas, the Identity Theft Prevention Programs must provide for the identification, detection
and response to patterns, practices, or specific activities—known as "red flags"which could
indicate identity theft; and
Whereas,under FACTA, the definition of "creditor" includes circumstances where a payment is
made after delivery of a product or service, and therefore, in some circumstances,the city is or
may be deemed to be a creditor under FACTA and therefore is required to comply with the
Identity Theft Red Flags Rule, and
Whereas, the City of Brookings has developed an Identity Theft Policy in compliance with the
foregoing requirements,
Now Therefore, It Is Hereby Resolved by the City Council of the City of Brookings, South
Dakota, as follows:
A. That the City of Brookings Identity Theft Policy which accompanies this
Resolution is hereby adopted; and
B. That the City Finance Manager is hereby designated as the Program
Administrator of the City of Brookings Identity Theft Policy, with authority to
further develop and implement this policy; and that
C. This Resolution is necessary for the immediate preservation of the public peace,
health, or safety, or support of the municipal government and shall take effect
upon the passage and publication thereof
Passed and approved on the 28th day of July, 2009.
CITY OF BROOKINGS
AT EST Tim Reed, Mayor
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Shari L. Thornes, City Clerk