HomeMy Public PortalAbout2015.086 (06-02-15)RESOLUTION NO. 2015.086
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD,
APPROVING THE PUBLICATION OF NOTICE OF UNCLAIMED REFUNDBALE
DEPOSITS 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 Section 50050 et sue. 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 unclaimed refundable deposits 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 unclaimed deposits consistent with the
procedures under Government Code sections 50050 et seq., designates the Finance &
Administration Department as responsible for administering these unclaimed refundable
deposits, and directs the transfer of the unclaimed deposits 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 2nd day of June, 2015.
w
Luis Solach , Mayor
ATTEST:
Maria Quinonez, City Clerk
APPROVED AS TO FORM:
David A. Garcia, City Attorney
APPROVED AS TO CONTENT:
J. Arnoldo Beltran, City Manager
William E. Strac er, P.E Interim Director
Public Works/ City Engineer
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 2nd day of June, 2015.
AYES: COUNCIL MEMBERS ALATORRE,
SANTILLAWBEAS AND SOLACHE
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
Maria Quinonez, City Clerk
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. 2015.086 on file in my office and that said Resolution was adopted on
the date and by the vote therein stated. Dated this 2nd day of June, 2015.
Maria Quinonez, Ci y Clerk