Cash Disbursements from April 14 to May 4 2007. City of Culver City I N T E R O F F I C E C O R R E S P O N D E N C E Date: To: From: Subject: May 14 2007 Honorable Mayor and City Council Crystal C. Alexander City Treasurer City Section 8 and Redevelopment Agency Registers Attached are the following check registers: CITY dates from April 14 2007 to May 4 2007; check # s 195208 196421 SECTION 8 dates from April 14 2007 to May 4 2007; check # s 77062 77191 REDEVELOPMENT AGENCY dates from April 14 2007 to May 4 2007; check # s 53256 53349 Notes: WE HEREBY RECEIVE AND FILE WARRANTS #195208 196421 #77062 77191 AND #53256 53349 ALL IN THE AMOUNT OF $4 775 305.31. By: _______________________________________ Finance and Judiciary Committee 1) City check # s 195962 196038 and 196312 were voided. 2) City check # s 195341 and 195549 in the amount of $343.76 were voided. 3) City check #195438 used as test number unused in JDE. 4) City check # s 195877 195878 196411 and 196412 were converted into wires in the amount of $528 647.58.* 5) Agency check #53282 was converted into a wire in the amount of $60 000.00* * To provide more transparent information on monetary transactions this and future warrant reports will be inclusive of payments made by the City Treasurer s Department via wire transfer (or other electronic means.) These can be identified as a pay type PN. Typically these kinds of payments are made for the following purposes: replenishing workers compensation and liability accounts; debt service payments to various banking entities on behalf of the City and RDA; investment settlement transactions (if required by custodial or trustee bank or necessary to ensure investment over night or through the weekend); escrow payments for acquisitions; payments needed on a rapid basis to ensure vendor discounts; and legal settlement payments on short term notice. If you have questions on any of these items please contact Crystal Alexander or Karen Maggio the only two individuals author...
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