HomeMy WebLinkAboutMINUTES - 08052008 - C.82 TO: BOARD OF SUPERVISORS
FROM: John Cullen , _,; CONTRA
County Administrator COSTA
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COUNTY
DATE: AUGUST 12, 2008 `�s -
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SUBJECT: County Finance Director Authorization
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS:
APPROVE and AUTHORIZE the County Finance Director to sign for and claim, on behalf of
Contra Costa County, property that is being held by the State of California Controller's Office.
FISCAL IMPACT:
Claims may result in additional revenue for Contra Costa County.
REASON(S) FOR RECOMMENDATION(S):
The State of California has acquired unclaimed property through California's Unclaimed
Property Law, which requires "holders" such as corporations, business associations, financial
institutions, and insurance companies to annually report and deliver property to the
Controller's Office after there has been no customer contact for three years.
The State Controller's Office has posted a list of unclaimed property due to Contra Costa
County. This board action will give the County Finance Director authority to pursue claims on
behalf of the County which may result in increased revenue.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATORRECOMMENDATION OF BOARD COMMITTEE
—/APPROVE —OTHER
SIGNATURE(S):
ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
✓/ UNANIMOUS(ABSENT (!/ ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED
ABSENT: ABSTAIN: ON MINUTES OF THE BOARD OF
SUPERVISORS ON THE DATE SHOWN.
Contact: Lisa Driscoll(5-1023) �
CC: Steve Ybarra,Auditor-Controller ATTESTED v"ff i �, r /^
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Internal Audit,Auditor-Controller's Office JOHN C LLEN,CLERK OF
THE BOARD OF SUPERVISORS
ANP POUNTY.ADMINISTRATOR
B `(DEPUTY