Cash disbursements for September 16 September 30 2006. 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: October 9 2006 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 September 16 2006 to September 30 2006 check # s 189269 189572 SECTION 8 dates from September 16 2006 to September 30 2006; check #s 76061 76193 REDEVELOPMENT AGENCY dates from September 16 2006 to September 30 2006 check #s 52408 52466 WE HEREBY RECEIVE AND FILE WARRANTS #189266 189572 #76061 76193 AND #52408 52466 ALL IN THE AMOUNT OF $2 858 003.03. By: _______________________________________ Finance and Judiciary Committee Notes: 1) City check # s 189266 189268 in the amount of $2 520 435.79 were converted into wires. * 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. kw 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 years...
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