Loading...
HomeMy WebLinkAboutMINUTES - 04222014 - C.113RECOMMENDATION(S): APPROVE the refund of overpayment of documentary transfer tax totaling $1,007.00; and AUTHORIZE the County Auditor-Controller to issue refunds to the parties in the amounts specified: Old Republic Title Company 275 Battery St., Suite 1500 San Francisco, CA 94111 Reference Escrow # 0227012837-MN Series # 2013-270666 $561.00 Fidelity National Title Company 2241 Market Street San Francisco, CA 94114 Attention: Janet James Series #2013-284381 $445.50 FISCAL IMPACT: This is a request to refund $1,007.00 of over-collected funds. Both the over-payments and reimbursement of documentary transfer tax are from fiscal year 2013-2014 General Fund. APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 04/22/2014 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: April 22, 2014 David Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: C.113 To:Board of Supervisors From:Joseph E. Canciamilla, Clerk-Recorder Date:April 22, 2014 Contra Costa County Subject:Refund Overpayment of Documentary Transfer Tax BACKGROUND: Two grant deeds were recorded and transfer tax was collected. After recording, it was discovered that the transfer tax had been paid in error. 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.