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Item No. 18 Town of Atherton CITY COUNCIL STAFF REPORT REGULAR AGENDA TO:HONORABLE MAYOR AND CITY COUNCIL GEORGE RODERICK, CITY MANAGERFROM:ROBERT BARRON III, FINANCE DIRECTORATE:MAY 17, 2017SUBJECT:REVIEW,
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Item 49 resolution is declaring the annual financial results of a company.
All publicly traded companies are required to file item 49 resolution declaring.
Item 49 resolution should be completed accurately and submitted to the appropriate regulatory body.
The purpose of item 49 resolution is to provide transparency and accountability regarding the financial performance of a company.
Item 49 resolution must include financial statements, auditor's report, and any other relevant financial information.
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