Cash Disbursements for July 10 2006 July 31 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: August 14 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 July 10 2006 to July 31 2006 check # s 187083 188019 SECTION 8 dates from July 10 2006 to July 31 2006; check #s 75757 75902 REDEVELOPMENT AGENCY dates from July 10 2006 to July 31 2006 check #s 52072 52221 Notes: WE HEREBY RECEIVE AND FILE WARRANTS #187083 188019 #75757 75902 AND #52072 52221 ALL IN THE AMOUNT OF $5 043 576.42. By: _______________________________________ Finance and Judiciary Committee 1) City Checks #187151 & 187265 in the amount of $4 079.74 were voided. 2) City Checks #187827 187831 187915 187917 and 187967 were also voided. 3) City Check #187956 in the amount of $146 400.01 was converted into a wire. 4) Agency Checks #52108 & 52159 in the amount of $16 250.00 were voided. 5) Agency Check #52154 in the amount of $1 205 514.53 was converted into a wire. * 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 individua...
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