Cash Disbursements for March 14 2009 April 3 2009. 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 13 2009 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 March 14 2009 to April 3 2009; check # s 223424 224286 SECTION 8 dates from March 14 2009 to April 3 2009; check # s 80032 80144 REDEVELOPMENT AGENCY dates from March 14 2009 to April 3 2009; check # s 55725 55808 Notes: WE HEREBY RECEIVE AND FILE WARRANTS #223424 224286 #80032 80144 AND #55725 55808 ALL IN THE AMOUNT OF $3 351 785.24 By: _______________________________________ Finance and Judiciary Committee 1) City check # s 223707 and 224199 were voided. 2) City check #223595 was converted into a wire in the amount of $2 120.00.* 3) Section 8 check #80096 in the amount of $461.76 was voided. 4) Redevelopment Agency check # s 55750 and 55751 were converted into wires in the amount of $4 151.18.* * 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...
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