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HomeMy WebLinkAboutMINUTES - 04212015 - C.70RECOMMENDATION(S): APPROVE the refund of overpayment of documentary transfer tax totaling $20,108; and AUTHORIZE the County Auditor-Controller to issue refunds to specific parties, as recommended by the Clerk-Recorder. FISCAL IMPACT: The refunds will reduce the General Fund by $20,108. The amount of $13,871 (both the over-payment and reimbursement of documentary transfer tax) are from the fiscal year 2013-2014 general fund. The amount of $6,237 (both the over-payment and reimbursement of documentary transfer tax) are from the fiscal year 2014-2015 general fund. BACKGROUND: The following parties overpaid documentary transfer tax in the amounts listed below: Orange Coast Title Company 4713 First St #100 Pleasanton, CA 94566 Series #2014-49537 Refund amount $13,860 APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 04/21/2015 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 ABSENT: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 21, 2015 David Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: C. 70 To:Board of Supervisors From:Joseph E. Canciamilla, Clerk-Recorder Date:April 21, 2015 Contra Costa County Subject:Refund Overpayment of Documentary Transfer Tax BACKGROUND: (CONT'D) > Old Republic Title Company 20980 Redwood Rd #160 Castro Valley, CA 94546 Series #2014-53337 Refund amount $11. Fidelity National Title 7130 Glen Forest Dr. #300 Richmond, VA 23226 Series 2015-41456 Refund amount $6,237 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.