Cash Disbursements for February 16 2008 through February 29 2008. 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: March 10 2008 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 February 16 2008 to February 29 2008; check # s 207447 208142 SECTION 8 dates from February 16 2008 to February 29 2008; check # s 78428 78548 REDEVELOPMENT AGENCY dates from February 16 2008 to February 29 2008; check # s 54351 54424 Notes: WE HEREBY RECEIVE AND FILE WARRANTS #207447 208142 #78428 78548 AND #54351 54424 ALL IN THE AMOUNT OF $2 876 494.76. By: _______________________________________ Finance and Judiciary Committee 1) City check # s 207599 207641 207642 207653 207687 207695 and 207696 were voided. * 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 authorized to initiate an outgoing wire transfer. jg Culver City Employees take pride in effectively providing the highest levels of service to enrich the quality of life for the community by building on our tradition of more than seventy five yea...
Click here for full text