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HomeMy Public PortalAbout2015.057 (04-21-15)RESOLUTION NO. 2015.057 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, APPROVING THE PUBLICATION OF NOTICE OF STALE DATED CHECKS, AND TRANSFER OF UNCLAIMED FUNDS TO THE MISCELLANEOUS REVENUE ACCOUNT WHEREAS, the City wishes to adhere to established policies and procedures pursuant to the administration, possession and transfer of unclaimed funds; and WHEREAS, the City shall follow Government Code sections` 50050 et sea. to notify all interested persons of the existence of the unclaimed funds, where required, follow the procedures for such notices, return of the funds where appropriate verification is provided, or transfer unclaimed funds to the City's miscellaneous revenue account; and WHEREAS, the Department of Finance & Administration shall review the nature and duration of these stale dated checks on an annual basis. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY RESOLVE, DECLARE, DETERMINE AND ORDER AS FOLLOWS: Section 1. The City Council hereby authorizes the City's Finance & Administration Department to publish notice of stale dated checks consistent with the procedures under Government Code sections 50050 et sea., designates the Finance & Administration Department as responsible for administering these stale dated checks, and directs the transfer of the unclaimed stale dated checks to the miscellaneous revenue account. Section 2. The City Council of the City of Lynwood- hereby authorizes the City Manager or his designee to implement all financial transactions as approved in this Resolution. PASSED, APPROVED and ADOPTED this 21St day of April, 2015. ATTEST: aria Quinonez, City Clerk APPROVED AS TO FORM: C.../ l il� David A. Garcia, City Attorney APPROVED AS TO CONTENT: 4-�- -&'� J. Arnoldo Beltran, City Manager Amanda Hall, Finance Director STATE OF CALIFORNIA ) ) SS. COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on'the 21St day of April, 2015. AYES: COUNCIL MEMBERS ALATORRE, SANTILLAN -BEAS AND SOLACHE NOES: NONE ABSENT: A NONE ABSTAIN: NONE FA nnownw 7") T-A- mv-;: Maria—Quinonez, - STATE OF CALIFORNIA ) ) SS. COUNTY OF LOS ANGELES ) CASTRO, HERNANDEZ, I, the undersigned, City Clerk of the City of Lynwood, and the Clerk of the City Council of said City, do hereby certify that the above foregoing is a full, true and correct copy of Resolution No. 2015.057 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 21St day of April, 2015. Maria Quinonez, City Clerk