City Council

9E. APPROVE RESOLUTION NO. 2024-32 AUTHORIZING THE ESCHEATMENT OF\nUNCLAIMED PROPERTY TO THE CITY’S GENERAL FUND\nOn June 11, 2024, staff provided the City Council with Administrative Policy No. IV-4-15\nregarding unclaimed property. Pursuant to the policy, the Finance Department issued a\npublic notification to the public regarding unclaimed checks which have been held over\nthree (3) years. Exhibit A represents checks that have not been claimed and shall now\nbecome the property of the City and transferred to the General Fund.\nRECOMMENDED ACTION:\n1. City Council find that this item is not subject to California Environmental Quality Act\n(“CEQA”) pursuant to Sections 15378(b)(5) (Organizational or administrative activities\nof governments that will not result in direct or indirect physical changes in the\nenvironment); and\n2. Adopt Resolution No. 2024-32, authorizing the Finance Director to escheat unclaimed\nchecks and recognize revenue in the Fund totaling $7,172 pursuant to Administrative\nPolicy No. IV-4-15 entitled:\n“A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STANTON,\nCALIFORNIA, AUTHORIZING THE ESCHEATMENT OF UNCLAIMED\nPROPERTY TO THE CITY OF STANTON GENERAL FUND IN\nACCORDANCE WITH APPLICABLE LAW”.\nNovember 26, 2024