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HomeMy WebLinkAboutMINUTES - 03032015 - C.86RECOMMENDATION(S): APPROVE the refund of overpayment of documentary transfer tax totaling $15,323; and AUTHORIZE the County Auditor-Controller to issue refunds to specified parties, as recommended by the Clerk-Recorder. FISCAL IMPACT: $15,323.00 reduction to the County General Fund. $14,509 is from the 2012-2013 fiscal year and $814 is from the 2013-2014 fiscal year. BACKGROUND: One overpayment was due to a miscalculation regarding the value of the property in question and the other overpayment was due to the County Clerk-Recorder receiving duplicate payment for documentary transfer tax. The following parties overpaid documentary transfer tax in the amounts listed below: Placer Title Company 1333 N. California Blvd., Suite 100 Walnut Creek, CA 94596 Series #2013-0191611 $ 814 Loja Pleasant Hill, LLC. 351 California St. #900 San Francisco, CA 94104 Series #2013-0060986 $14,509 APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 02/03/2015 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: February 3, 2015 David Twa, County Administrator and Clerk of the Board of Supervisors By: Stephanie L. Mello, Deputy cc: C. 86 To:Board of Supervisors From:Joseph E. Canciamilla, Clerk-Recorder Date:February 3, 2015 Contra Costa County Subject:Refund Overpayment of Transfer Tax BACKGROUND: (CONT'D) > CONSEQUENCE OF NEGATIVE ACTION: Failure to reimburse the parties would cause them to pay more than legally required for documentary transfer tax. CHILDREN'S IMPACT STATEMENT: Not applicable.