Cash Disbursements from January 19 to February 1 2008 Culver City Redevelopment Agency 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 February 18 2008 Honorable Chair and Members of the Redevelopment Agency Crystal C. Alexander Agency Treasurer Treasurer's Report for February 2008 Agency Meeting Date: To: From: Subject: We are hereby submitting the Agency Treasurer s Report for checks issued from: 1/19/08 2/1/08 CHECK #S VOIDS AMOUNTS DEMAND TYPE CHECK DATE 1/23/08 1/25/08 1/30/08 1/30/08 1/31/08 54241 54257 54258 54259 54279 54280 54314 54315 12 861.57 455 975.10 20 339.00 328 110.15 295.65 DEMAND OFF CYCLE RAP/KARA DEMAND OFF CYCLE We hereby approve CCRA checks numbered from 54241 54315 for the total amount of: $1 157 581.47 By:______________________ Notes: Chair Agency check #54316 was converted into a wire in the amount of $340 000.00.* * 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 seve...
Click here for full text