Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Wheat Ridge to update unclaimed-property rules after state treasurer notice; city may retain unclaimed cash for five years
Summary
City attorney told council a state treasurer letter prompted a review of unclaimed-property code; staff will draft ordinance changes allowing the city to report and hold unclaimed cash for five years (per state rules) and streamline notice procedures rather than publishing lists in local papers.
City Attorney Mister Dahl told the council that Wheat Ridge received an Oct. 8 letter from Aaron McCauley at the Colorado State Treasurer’s office prompting a review of how the city handles unclaimed property. Dahl said the state is principally interested in cash and cash equivalents — and the contents of safe-deposit boxes — while local…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
