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HomeMy WebLinkAboutMINUTES - 12051995 - C10 TO: BOARD OF SUPERVISORS FROM: PHIL BATCHELOR County Administrator DATE: November 30, 1995 SUBJECT: HEARING FOR THE ADOPTION OF A REAL ESTATE FRAUD PROSECUTION FEE Specific Request(s) or Recommendations(s) & Background & Justification RECOMMENDATION: FIX hearing on a proposed Real Estate Fraud Prosecution fee for December 19, 1995 at 1:15 p.m. in the Board of Supervisors Chambers at 651 Pine Street, 1 st Floor. FINANCIAL IMPACT: None. REASONS FOR RECOMMENDATION/BACKGROUND: The current resources of the District Attorney's Office in terms of prosecuting various types of fraud crimes is limited. This new funding source will permit the District Attorney to dedicate attorney and investigative resources to various real estate fraud cases which are often complex and labor intensive. An additional benefit of this will be that it will permit the Consumer Protection Unit within the District Attorney's Office to spend significantly more time on other kinds of fraud cases with increased public protection benefit. CONTINUED ON AT H ANE Signature: Recommendation of CounRecommendation of Board .Approve _ Other Signature(s): Action of Board on: 12/05/1995 Approved as Recommended X Other Vote of Supervisors: I HEREBY CERTIFY THAT THIS IS A TRUE - AND CORRECT COPY OF AN ACTION TAKEN X Unanimous (Absent V -) AND ENTERED ON THE MINUTES OF THE Ayes:_ Noes:_ BOARD OF SUPERVISORS ON DATE SHOWN. Absent:_Abstain:_ Attested: December 5, 1995 cc: CAO-Justice System Programs Phil Batchelor, Clerk of the Board of District Attorney of Supervisors and County Administrator By: 2" , DEPUTY OFFICE OF THE COUNTY ADMINISTRATOR ,/ O CONTRA COSTA COUNTY Administration Building 651 Pine Street, 10th Floor Martinez, California 94553 DATE: November 22, 1995 TO: J EAN N E MAG LI O C r f the Board FROM: G OEMER Senio eputy unty Administrator SUBJECT: ESTABLISHMENT OF REAL ESTATE FRAUD PROSECUTION TRUST FUND The attached notice of Public Hearing will be published in the Contra Costa Times on December 12 and December 15. Also attached is the "Fee Calculation" document for public inspection. The affidavits of publication will be forwarded to you after publication. If you need any additional information, please contact Lisa Driscoll at 64855. LD: Attachments NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that on December 19 at 1:15 p.m. in the Board of Supervisors Chambers at 651 Pine Street, 1 st Floor, Martinez, CA a public hearing will be held to adopt fees for Real Estate Fraud Prosecution. A copy of the fee proposal is on file in the Clerk of the Board of Supervisor's Office at 651 Pine Street, 1 st Floor, Martinez, CA. Phil Batchelor, County Administrator 651 Pine Street, 10th Floor Martinez, CA 94553 REAL ESTATE FRAUD PROSECUTION TRUST FUND FEE CALCULATION DOCUMENT Estimated revenue from January 1, 1996 through June 30, 1996: $90,000 Approximately 45,000 Real Estate instruments which meet the requirements as defined in Chapter 942, Statutes of 1995 (SB-537) times $2.00 per instrument. Estimated annual revenue: $180,000 Approximately 90,000 Real Estate instruments which meet the requirements as defined in Chapter 942, Statutes of 1995 (SB-537) times $2.00 per instrument.