Cash Disbursements for January 19 2008 through February 1 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: February 11 2008 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 January 19 2008 to February 1 2008; check # s 206021 206906 SECTION 8 dates from January 19 2008 to February 1 2008; check # s 78293 78415 REDEVELOPMENT AGENCY dates from January 19 2008 to February 1 2008; check # s 54241 54315 WE HEREBY RECEIVE AND FILE WARRANTS #206021 206906 #78293 78415 AND #54241 54315 ALL IN THE AMOUNT OF $5 117 042.45. By: _______________________________________ Finance and Judiciary Committee Notes: 1) City check # s 206051 206241 206356 206357 206436 206438 and 206439 were voided. 2) City check # s 206629 206630 206631 206632 206633 206634 206647 206648 206649 and 206650 in the 3) City check # s 206907 206908 206909 206910 and 206911 were converted into wires in the amount of amount of $306.73 were voided. $753 976.46.* 4) 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 ple...
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