President Obama

President Obama

President Barack Obama will hold a fundraiser for the Democratic Party in Santa Monica on June 7, according to The Hollywood Reporter.

The event is said to be held in the home of Peter Chernin, chairman and CEO of The Chernin Group, a film and television production company.

“We need the resources to continue to move our country forward,” according to the invitation to the event. “Since we do not take money from special interests, corporate lobbyists and political action committees, we must rely on dedicated Democrats like you.”

During a similar trip to San Francisco in early April, Obama headlined events for the Democratic Congressional Campaign Committee that raised $3.25 million, according to The Hollywood Reporter.

Sgt. Richard Lewis, spokesperson for the Santa Monica Police Department, didn’t have much information about how the president’s arrival would impact the city.

“We are aware, but since it is far out, we have not received any additional information,” Lewis said. “We will know more when we meet with the United States Secret Service, who sends out an advance team.”

Lewis said information about street closures or other impacts would be released shortly before the president’s arrival so as not to compromise his safety.

Tickets for the event range from $10,000 to $32,400. Those who purchase the higher-priced ticket gain entrance to a special discussion and can have their photo taken with the president.

Obama has committed to doing at least eight fundraisers for the 2014 cycle.