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HomeMy WebLinkAboutMINUTES - 09152015 - C.83RECOMMENDATION(S): APPROVE and AUTHORIZE the Conservation and Development Director to execute any and all documents required to effectuate a settlement in the amount of $28,500 for administrative fees owed to the County by Contra Costa RE Investors (RE Investors) from May 2007 through May 2015 under a regulatory agreement and declaration of restrictive covenants. FISCAL IMPACT: No impact to the General Fund. Annual administrator fees are collected to cover the costs associated with compliance monitoring of regulatory agreements. BACKGROUND: Due to an administrative error, the fees required to be paid by RE Investors for the period May 2007 through May 2015, under a regulatory agreement and declaration of restrictive covenants between the County and RE Investors for the development known as Casablanca Condominiums, were not invoiced until recently. The amount due is $62,000. RE Investors has offered to pay $28,500, which is the amount due for the last four years, as a settlement of the entire amount due. Staff recommends accepting the payment because Code of Civil Procedure Section 337 limits the collection of past due amounts to four years. CONSEQUENCE OF NEGATIVE ACTION: Not accepting the payment offer will prevent the County from collecting $28,500. APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 09/15/2015 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Candace Andersen, District II Supervisor Karen Mitchoff, District IV Supervisor ABSENT:Mary N. Piepho, District III Supervisor Federal D. Glover, District V Supervisor Contact: Kristen Lackey (925) 674-7888 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 15, 2015 David Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: C. 83 To:Board of Supervisors From:John Kopchik, Director, Conservation & Development Department Date:September 15, 2015 Contra Costa County Subject:Dougherty Valley Affordable Housing Administrator Fee