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HomeMy WebLinkAboutMINUTES - 08022011 - SD.3RECOMMENDATION(S): CONSIDER adopting Resolution No. 2011/320 allowing the Contra Costa County Clerk-Recorder and the Contra Costa County District Attorney to move forward with a joint Real Estate Fraud Notification program to protect Contra Costa County citizens and to investigate and prosecute those that present fraudulent recordings. FISCAL IMPACT: There is no fiscal impact on the County General Fund for this program. This joint project will be funded by dedicated Real Estate Fraud Prosecution Funds. BACKGROUND: The Real Estate Fraud Prosecution Fund was first established in 1995 by SB 537 and codified in Government Code Section 27388, with the purpose to investigate, deter, and prosecute real estate fraud involving recorded real estate documents. The technology now exists that will enable the Contra Costa County Clerk-Recorder to verify and notify the legal owner of record of a recorded document. The Contra APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 08/02/2011 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Gayle B. Uilkema, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor Contact: 925-335-7928 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: August 2, 2011 David Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: Debi Cooper SD. 3 To:Board of Supervisors From:Stephen L. Weir, Clerk-Recorder Date:August 2, 2011 Contra Costa County Subject:Real Estate Fraud Notification Project Resolution BACKGROUND: (CONT'D) Costa County District Attorney and Clerk-Recorder desire to partner to provide a real estate fraud notification program as a deterrent to real estate fraud as well as an avenue for investigation and prosecution of fraudulent real estate transactions. CONSEQUENCE OF NEGATIVE ACTION: If Contra Costa County does not approve of this notification project, property owners will not be notified of potentially fraudulent transactions made against their property. CHILDREN'S IMPACT STATEMENT: Not applicable. ATTACHMENTS Resolution No. 2011/320