Cash Disbursements for January 13 2007 to February 2 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: February 12 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 January 13 2007 to February 2 2007; check # s 192168 192842 SECTION 8 dates from January 13 2007 to February 2 2007; check # s 76645 76776 REDEVELOPMENT AGENCY dates from January 13 2007 to February 2 2007; check # s 52888 52979 Notes: WE HEREBY RECEIVE AND FILE WARRANTS #192168 192842 #76645 76776 AND #52888 52979 ALL IN THE AMOUNT OF $5 361 622.13. By: _______________________________________ Finance and Judiciary Committee 1) City check # s 192244 192245 192303 192316 192317 192526 and 192549 were voided. 2) City check # s 192348 192351 were converted into wires in the amount of $1 473 700.54.* * 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 ...
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