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HomeMy WebLinkAboutMINUTES - 09102013 - C.124RECOMMENDATION(S): APPROVE the refund of overpayment of documentary transfer tax totaling $1,422.00; and AUTHORIZE the County Auditor-Controller to issue the following refunds: Orange Coast Title Company 520 N. Santa Cruz Ave #200 Los Gatos, CA 95020; Series #2012-0178985; $337.70 Fiscal year 2012-13 Placer Title Company 4900 Hopyard Road Suite 110 Pleasanton, CA 94588; Series #2013-0172532; $1,083.50 Fiscal year 2013-14 FISCAL IMPACT: $1,422.00 for the refund of overcollected funds. Overpayment and reimbursement from the General Fund of documentary transfer tax in the amount of $338 from fiscal year 2012/2013 and $1,084 from fiscal year 2013/2014. BACKGROUND: The County Clerk-Recorder received payment for documentary transfer tax in excess of the amount due and the excess amounts should be refunded to the parties. APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 09/10/2013 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Candace Andersen, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor Contact: 925-335-7917 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: September 10, 2013 David Twa, County Administrator and Clerk of the Board of Supervisors By: Stephanie Mello, Deputy cc: C.124 To:Board of Supervisors From:Joseph E. Canciamilla, Clerk-Recorder Date:September 10, 2013 Contra Costa County Subject:Refund Overpayment of Documentary Transfer Tax CONSEQUENCE OF NEGATIVE ACTION: Failure to reimburse the parties would cause the companies to pay more than legally required for documentary transfer tax. CHILDREN'S IMPACT STATEMENT: Not applicable.