Cash Disbursements for November 17 November 30 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: December 10 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 November 17 2007 to November 30 2007; check # s 203994 204175 SECTION 8 dates from November 17 2007 to November 30 2007; check # s 78025 78141 REDEVELOPMENT AGENCY dates from November 17 2007 to November 30 2007; check # s 54048 54102 Notes: WE HEREBY RECEIVE AND FILE WARRANTS #203994 204175 #78025 78141 AND #54048 54102 ALL IN THE AMOUNT OF $1 690 643.45. By: _______________________________________ Finance and Judiciary Committee 1) City check # s 204045 204093 204094 and 204112 were voided. 2) City check # s 203994 and 204176 were converted into wires in the amount of $393 080.54.* * 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 life for the communi...
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