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File #: 20-345    Version: 1 Name: Unclaimed Funds
Type: Minute Order Status: Consent Agenda
File created: 9/30/2019 In control: City Council Meeting Agenda
On agenda: 10/14/2019 Final action:
Title: CC - Approve the Conversion of Unclaimed Funds in the Possession of the Police Department to the Police-Unrestricted/Conversion Account, Effective November 4, 2019, Pursuant to Culver City Municipal Code Section 3.04.310
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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CC - Approve the Conversion of Unclaimed Funds in the Possession of the Police Department to the Police-Unrestricted/Conversion Account, Effective November 4, 2019, Pursuant to Culver City Municipal Code Section 3.04.310

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Meeting Date: October 14, 2019

Contact Person/Dept: Lieutenant William Browne/Police Department

Phone Number: (310) 253-6109

Fiscal Impact: Yes [X] No [] General Fund: Yes [X] No []

Public Hearing: [] Action Item: [X] Attachments: []

Commission Action Required: Yes [] No []

Public Notification: (E-Mail) Meetings and Agendas - City Council (10/09/19);

Department Approval: Scott Bixby, Police Chief (10/01/19)
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RECOMMENDATION

Staff recommends that the City Council approve the conversion of $160,000.00 in Unclaimed Funds in the possession of the Police Department to the Police-Unrestricted/Conversion Account, effective November 4, 2019, pursuant to Culver City Municipal Code Section 3.04.310.


BACKGROUND/DISCUSSION

The Culver City Police Department's Property Room receives all property (including U.S. Currency) booked in as either evidence, found, or safekeeping. Property booked as evidence is held until the case is adjudicated. Upon adjudication, property is either returned to the owner or held when unclaimed or unidentified. Found property that has no identifiable owner is held pending claim from the rightful owner or finder. Safekeeping property is held and the owners are notified to claim such property.

All unclaimed U.S. Currency booked into the Culver City Police Property Room is deposited into a City bank account. Per Government Code Sections 50050 and 50051, money that is not the property of a local agency that remains unclaimed for three years becomes the property of the local agency on a designated date not less than 45 days nor after 60 days of published notice (once a week for two successive ...

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