HomeMy WebLinkAboutReso 2014-085 - Unclaimed funds r
RESOLUTION NO. 2014-085
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
TRANSFERRING UNCLAIMED FUNDS IN THE CUSTODY OF THE
REDDING POLICE DEPARTMENT TO THE GENERAL FUND
PURSUANT TO GOVERNMENT CODE SECTION 50053
WHEREAS, the Redding Police Department maintains a special account for money in the
custody of its Property Division; and
WHEREAS, the money in this special account was lost, found, abandoned or stolen, and the
rightful owner could not be located or identified; and
WHEREAS, Government Code sections 50050 through 50057, inclusive, provide the procedure
by which the unclaimed funds may be administered by the City Treasurer; and
WHEREAS, pursuant to Government Code section 50056, the City Treasurer delegated
responsibilities as to notice and publication to the Redding Police Department for the reason that
the Redding Police Department has current custody of money in the special fund; and
WHEREAS, pursuant to Government Code sections 50050 and 50051, the Redding Police
Department published a notice in a newspaper of general circulation setting forth the amount of
funds to be transferred to the general fund, the location of the funds and that the funds will become
the property of the City of Redding after the lapse of forty-five (45) days; and
WHEREAS, no claims have been made against said funds, and the Redding Police Department
has the sum of $116,428.39 ready for transfer to the general fund pursuant to Government Code
section 50053; and
WHEREAS, the Redding Police Department has a need for forty-six (46) dual-band radios to
replace current radios that are at the end of their useful life;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding that:
1. The above recitals are true and correct.
2. The sum of$116,428.39 held in the Redding Police Department,representative of amounts
accrued up to June 30, 2009, shall be transferred to the general fund.
3. Said sums shall be available for the purchase of no more than forty-six (46) dual-band
radios by the Redding Police Department. o`
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I HEREBY CERTIFY that the foregoing resolution was introduced,read and adopted at a special
meeting of the City Council on the 5`h day of August, 2014, by the following vote:
AYES: COUNCIL MEMBERS: Cadd,Jones,McArthur, & Sullivan
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: Bosetti
ABSTAIN: COUNCIL MEMBERS: None
c a� LAA "V
CIE SULLIVAN, Vice Mayor
ATTEST: FORM APPROVED:
TERESA J. LPH,Assistant City Clerk RICHARD A. DUVERNAY ity Attorney
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