The City has identified unclaimed inactive Trust Deposit Accounts (TDA) that have been held for three or more years. Letters have been sent to notify individuals or businesses that are owed a reimbursement. Due to the age of some of the TDAs, the City has been unable to locate all who are owed a reimbursement. For more information, please email the Finance Department or call 909-364-2640.
The City intends to return these funds to their rightful owners and will publish a list of names in a newspaper of general circulation on April 3 and April 10, 2021. That publication will start a 60-day time period during which individuals or businesses will have the opportunity to file a claim for reimbursement. The deadline to file a claim is June 2, 2021. If the funds are not claimed by the final claim date, they will become property of the City and will no longer be eligible for a refund. This procedure is established by the State of California Government Code Sections 50050-50056.
Trust Deposit Accounts are established by a developer, contractor, or resident, to reimburse the City for time and costs incurred when processing a commercial or residential land development project.