Cash Disbursements for November 20 December 1 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: December 11 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 November 22 2006 to December 1 2006 check # s 191013 191286 SECTION 8 dates from November 22 2006 to December 1 2006; check #s 76355 76486 REDEVELOPMENT AGENCY dates from November 22 2006 to December 1 2006 check #s 52651 52702 Notes: WE HEREBY RECEIVE AND FILE WARRANTS #191013 191286 #76355 76486 AND #52651 52702 ALL IN THE AMOUNT OF $2 799 132.42. By: _______________________________________ Finance and Judiciary Committee 1) City check # s 191104 191127 and 191180 were voids. 2) City check # s 191283 and 191284 in the amount of $273 752.02 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. 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 o...
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