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MINUTES5/17/88//3// Tuesday May 17, 1988 4:00 P.M. Regular Meeting Present: Mayor W. Louis Bissette, Presiding; ViceMayor Kenneth M. Michalove; Councilmen Mary Lloyd Frank, Norma T. Price, Wilhelmina

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Very close to affiliate typically refers to business relationships that involve significant financial interdependence, such as partnerships or subsidiaries.

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Entities that have substantial financial ties or ownership interests in one another are usually required to file very close to affiliate.

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To fill out very close to affiliate, you need to provide information about the relationship between the entities, including ownership percentages and financial transactions.

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The purpose of very close to affiliate is to ensure transparency in financial reporting and to identify potential conflicts of interest in business dealings.

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Information that must be reported includes the nature of the relationship, ownership stakes, transactions between the affiliates, and any financial impacts.