City Council

CC 5. Transfer of Funds for Unclaimed Checks for Items Less Than Fifteen Dollars Unclaimed for at Least One Year. Recommendation(s): Approve the transfer of funds for checks issued by the City for individual items less than fifteen dollars ($15) which have remained unclaimed for the period of one year. California Government Code sections 50050-50057 establish the rights and procedures related to unclaimed checks issued by local agencies and City Administrative Policy 200-08 stipulates the proper accounting and disposition procedures for these unclaimed checks.