Cash Disbursements for May 31 2008 to June 13 2008. 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: June 23 2008 Honorable Mayor and City Council Jeff Muir Chief Financial Officer City Section 8 and Redevelopment Agency Registers Attached are the following check registers: CITY dates from May 31 2008 to June 13 2008; check # s 211870 212284 SECTION 8 dates from May 31 2008 to June 13 2008; check # s 78934 78944 REDEVELOPMENT AGENCY dates from May 31 2008 to June 13 2008; check # s 54757 54797 Notes: WE HEREBY RECEIVE AND FILE WARRANTS #211870 212284 #78934 78944 AND #54757 54797 ALL IN THE AMOUNT OF $6 280 754.67. By: _______________________________________ Finance and Judiciary Committee 1) City check # s 212023 212179 212180 212181 212244 and 212245 were voided. 2) City check # s 211865 211866 211867 211868 211869 and 212285 were converted into wires in the amount of $1 608 069.81.* 3) Redevelopment Agency check #54756 was converted into a wire in the amount of $1 102 676.40.* * To provide more transparent information on monetary transactions this and future warrant reports will be inclusive of payments made by the Finance 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 the Chief Financial Officer. jg Culver City Employees take pride in effectively providing the highest levels of service to enrich the quality of li...
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