Cash Disbursements from March 17 to March 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: April 9 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 March 17 2007 to March 30 2007; check # s 194119 194883 SECTION 8 dates from March 17 2007 to March 30 2007; check # s 76923 77049 REDEVELOPMENT AGENCY dates from March 17 2007 to March 30 2007; check # s 53133 53214 Notes: WE HEREBY RECEIVE AND FILE WARRANTS #194119 194883 #76923 77049 AND #53133 53214 ALL IN THE AMOUNT OF $3 007 391.90. By: _______________________________________ Finance and Judiciary Committee 1) City check #194763 was voided. 2) City check #194374 in the amount of $43.44 was voided. 3) City check #194678 was converted into a wire in the amount of $142 607.58.* * 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 bu...
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