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City of Piedmont COUNCIL AGENDA REPORT DATE:February 16, 2021TO:Mayor and Councilor:Sara Lillian, City AdministratorSUBJECT:Consideration of the Issuance of a Request for Proposals for Project Management/Owners
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Consideration of form issuance is the process of reporting the value of property transferred in exchange for stock or securities issued by a corporation.
Anyone who transfers property in exchange for stock or securities issued by a corporation is required to file consideration of form issuance.
Consideration of form issuance is typically filled out with details of the property transferred, the value of the property, and the number of stock or securities issued in exchange.
The purpose of consideration of form issuance is to provide transparency and accountability in the transfer of property for stock or securities.
The information reported on consideration of form issuance typically includes details of the property transferred, the consideration received, and the number of shares issued.
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