Cash Disbursements for February 17 to March 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: March 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 February 17 2007 to March 2 2007; check # s 193400 193728 SECTION 8 dates from February 17 2007 to March 2 2007; check # s 76786 76912 REDEVELOPMENT AGENCY dates from February 17 2007 to March 2 2007; check # s 53025 53096 Notes: WE HEREBY RECEIVE AND FILE WARRANTS #193400 193728 #76786 76912 AND #53025 53096 ALL IN THE AMOUNT OF $3 200 817.22. By: _______________________________________ Finance and Judiciary Committee 1) City check # s 193429 193430 193594 and 193608 were voided. 2) City check #193658 in the amount of $945.00 was voided. 3) City check #193551 was converted into a wire in the amount of $161 360.51.* * 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 q...
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