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File #: 21-896   
Type: Regular Business Status: Agenda Ready
In control: City Council - Successor Agency - Housing Authority
On agenda: 9/21/2021 Final action:
Title: VOID UNCLAIMED CHECKS UNDER $15 PURSUANT TO GOVERNMENT CODE SECTION 50055
Attachments: 1. 092121 Unclaimed Checks Agenda Report, 2. 092121 Unclaimed Checks List Checks

Title

VOID UNCLAIMED CHECKS UNDER $15  PURSUANT TO GOVERNMENT CODE SECTION 50055

Summary

Government Code Section 50055 permits the City, with City Council approval, to transfer any unclaimed checks older than one year with unknown depositors or less than $15 to the general fund or other City funds without public notice.

 

Recommendation

Recommendation:

 

1.                     Approve voiding checks less than fifteen dollars left unclaimed and uncashed after more than one year.

 

2.                     Authorize Administrative Services Director to transfer resulting funds to the general fund or other funds as appropriate.