City Council Agenda Report
Meeting Date: November 7, 2023
From: Scott Williams, Director of Finance
Department: Finance
Submitted by: Efren Peregrina Renteria, Finance Specialist Subject
Redevelopment Agency Obligation Retirement Account Warrant Register Recommendation
Approve Redevelopment Agency Obligation Retirement Account Warrant Register No. 67, for the period of July 9 through September 30, 2023, and consisting of ratification of electronic payments totaling $1,000.
Background
Vernon Municipal Code Section 2.32.060 indicates the City Treasurer, or an authorized designee, shall prepare warrants covering claims or demands against the City which are to be presented to City Council for its audit and approval. Pursuant to the aforementioned code section, the City Treasurer has prepared Redevelopment Agency Obligation Retirement Account Warrant Register No. 67 covering claims and demands presented during the period of July 9 through September 30, 2023, drawn, or to be drawn, from East West Bank for City Council approval.
Fiscal Impact
The fiscal impact of approving Redevelopment Agency Obligation Retirement Account Warrant Register No. 67, totals $1,000. The Finance Department has determined that sufficient funds to pay such claims/demands, are available in the respective accounts referenced on RDA Obligation Retirement Account Warrant Register No. 67.
Attachments
1. Redevelopment Agency Obligation Retirement Account Warrant Register No. 67