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CC - Item 4C - Release of Unclaimed Checks s E 4 E ROSEMEAD CITY COUNCIL K cc 7 STAFF REPORT RPOPARO�i99 TO: THE HONORABLE MAYOR AND CITY COUNCIL FROM: BILL R. MANIS, CITY MANAGER Ls�=.M DATE: JUNE 14, 2016 SUBJECT: ADOPT TWO RESOLUTIONS OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, CALIFORNIA, AUTHORIZING THE RELEASE OF UNCLAIMED CHECKS PURSUANT TO GOVERNMENT CODE SECTION 50050 THROUGH 50056 SUMMARY On an annual basis, the City is required to review the outstanding check list for outdated checks pursuant to Government Code Section 50050 through 50056. Unclaimed checks which are held over three (3) years are published once a week for two successive weeks in a newspaper of general circulation published in the City of Rosemead. A statement announcing that the money shall become the property of the City of Rosemead forty-five (45) days after the publication of the first notice is included in the Public Notice. Upon the close of business on the forty-fifth (45) day after publication of the first notice, the unclaimed checks shall become the property of the City of Rosemead and transferred to the General Fund. Unclaimed checks that are less than $15 which remain unclaimed for a period of at least one year can be transferred to the General Fund after City Council approval without having to publish a notice in a newspaper. Staff Recommendation: Staff recommends that the City Council approve Resolution No. 2016-25 "A Resolution of the City Council of the City of Rosemead Authorizing the Release of Unclaimed Checks Pursuant to Government Code Section 50050 and 50053 to the City of Rosemead" and Resolution No. 2016-26 "A Resolution of the City Council of the City of Rosemead Authorizing the Release of Unclaimed Checks Pursuant to Government Code Section 50055 to the City of Rosemead." FINANCIAL IMPACT The City will transfer $914.79 to the General Fund and $12.00 to the General Fund from these two Resolutions. ITEM NO. 4.0 City Council Meeting June 14,2016 Page 2 of 2 PUBLIC NOTICE PROCESS This item has been noticed through the regular agenda notification process. Submitted by: �/ lip Carolyn A. Chu Finance Director Attachment: Resolution No. 2016-25 and Resolution No. 2016-26 and Public Notice RESOLUTION NO. 2016-25 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD AUTHORIZING THE RELEASE OF UNCLAIMED CHECKS PURSUANT TO GOVERNMENT CODE SECTION 50050 AND 50053 TO THE CITY OF ROSEMEAD WHEREAS, Section 50050 of the California Government Code allows for unclaimed checks held over three (3) years to become the property of the local agency after notice if not claimed or if no verified complaint is filed and served; and WHEREAS, Section 50050 of the California Government Code outlines the process for the notification process of the unclaimed checks; and WHEREAS, Section 50053 of the California Government Code describes the unclaimed funds may be transferred to the General Fund; and WHEREAS, each of the checks listed on the attached summary meets this criteria, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ROSEMEAD DOES RESOLVE AS FOLLOWS: 1. The City of Rosemead does hereby transfer the unclaimed checks on the attached list in the total amount of $914.79 to the City of Rosemead's General Fund in accordance with Section 50053 of the California Government Code. PASSED, APPROVED and ADOPTED the 141h day of June, 2016 Sandra Armenta, Mayor ATTEST: Ericka Hernandez, Acting City Clerk APPROVED AS TO FORM: Rachel Richman City Attorney CITY OF ROSEMEAD DATE REFERENCE VENDOR NAME AMOUNT ACCOUNT 07/18/2012 78121 ROBERT RODRIGUEZ $ 50.00 ACCOUNTS PAYABLE 08/01/2012 78206 CHANALISA SERA 50.00 ACCOUNTS PAYABLE AMERICAN PUBLIC WORKS ASSN. CAL 08/01/2012 79197 CHAPTER 50.00 ACCOUNTS PAYABLE 08/29/2012 78616 WALTER CHANG 75.00 ACCOUNTS PAYABLE 09/12/2012 78705 LAM C. HOANG 300.00 ACCOUNTS PAYABLE 09/26/2012 78807 A.B. CHAMPION TROPHY CO. 5437 ACCOUNTS PAYABLE 12/19/2012 79728 LIONEL FERREYRA 24.00 ACCOUNTS PAYABLE 02/13/2013 80260 WALTER CHANG 75.00 ACCOUNTS PAYABLE 03/27/2013 80659 DESIREE ESTORGA 25.00 ACCOUNTS PAYABLE 03/27/2013 80653 DAVID HU 20.00 ACCOUNTS PAYABLE 04/24/2013 80894 ALONDRA BRISENO 50.00 ACCOUNTS PAYABLE 05/22/2013 81298 TRACIE NGO 75.00 ACCOUNTS PAYABLE 06/27/2013 80125 TIMOTHY CRILLY 66.42 PAYROLL $ 914.79 RESOLUTION NO. 2016-26 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD AUTHORIZING THE RELEASE OF UNCLAIMED CHECKS PURSUANT TO GOVERNMENT CODE SECTION 50055 TO THE CITY OF ROSEMEAD WHEREAS, Section 50055 of the California Government Code allows for unclaimed checks of less than $15 or any amount if the depositor's name is unknown to become the property of the local agency after a period of one (1) year without the necessity of publication of a notice in a newspaper; and WHEREAS, each of the checks listed on the attached summary meets this criteria, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ROSEMEAD DOES RESOLVE AS FOLLOWS: 1. The City of Rosemead does hereby transfer the unclaimed checks on the attached list in the total amount of $12.00 to the City of Rosemead's General Fund in accordance with Section 50055 of the California Government Code. PASSED, APPROVED and ADOPTED the 14th day of June, 2016 Sandra Armenta, Mayor ATTEST: Ericka Hernandez, Acting City Clerk APPROVED AS TO FORM: Rachel Richman City Attorney CITY OF ROSEMEAD DATE REFERENCE VENDOR NAME AMOUNT ACCOUNT 04/23/2014 84664 HANJU ZHAO $ 12.00 ACCOUNTS PAYABLE