HomeMy WebLinkAboutRESOLUTIONS - 12191995 - 95-633 Contra
TO: BOARD OF SUPERVISORSo' ,s
Costa
FROM: PHIL BATCHELOR °sr;•�.__N�i"`� County
County Administrator
GARY YANCEY RESOLUTION NUMBER: 95/633
District Attorney
DATE: November 27, 1995
SUBJECT: ESTABLISHMENT OF REAL ESTATE FRAUD PROSECUTION TRUST FUND
Specific Request(s) or Recommendation(s) & Background & Justification
RECOMMENDATIONS:
1 . AUTHORIZE and direct County Recorder to impose a fee of $2 on every real
estate instrument as defined in Chapter 942, Statutes of 1995 (SB-537 ) ,
effective January 1, 1996 and to deposit such fees in the Real Estate
Fraud Prosecution Trust Fund.
2 . AUTHORIZE and direct the County Auditor-Controller to establish,
effective January 1, 1996, the Real Estate Fraud Prosecution Trust Fund,
pursuant to Chapter 942, Statutes of 1995 (SB-537 ) .
FISCAL IMPACT:
At this time, it is anticipated that approximately $180,000 per year will be
generated basis to be deposited in the Real Estate Fraud Prosecution Trust
Fund enabling the District Attorney as the chief officer responsible for
consumer protection and prosecution within the County to investigate and
prosecute various real estate fraud offenses .
REASONS FOR RECOMMENDATION/BACKGROUND:
Establishment of the Fund indicated above and authorizing fees to be
collected by the County Recorder to be deposited into the Fund will
significantly enhance the ability of the District Attorney to investigate and
prosecute various crimes related to real estate fraud. The current resources
of the District Attorney' s Office in terms of prosecuting various types of
fraud crimes is limited. These funds will permit the District Attorney to
dedicate attorney and investigative resources to various real estate fraud
cases which are often complex and labor intensive. An additional benefit of
this will be that it will permit the Consumer Protection Unit within the
District Attorney' s Office to spend significantly more time on other kinds of
fraud cases with increased public protection benefit. he law requires the
District Attorney to prepare a report on the program nually and to submit
such report for review to the Board of Supervisors . "";
l %
Continued on Attachment: YES 'U
a
Recommendation of County Administ$
Recommendation of Board Committee
Approve Other
Signature(s) :
Action of Board on: Dec. 190 1995 Approved as Recommended X Other
Vote of Supervisors : I HEREBY CERTIFY THAT THIS IS A TRUE
XX - - - AND CORRECT COPY OF AN ACTION TAKEN
Unanimous (Absent ) AND ENTERED ON THE MINUTES OF THE
Ayes : Noes : ) BOARD OF SUPERVISORS ON DATE SHOWN.
Contact: George Roemer (646-4855) Attested: December 19 , 1995
cc: County Administrator's Office Phil Batchelor,. Clerk of
District Attorney the Board of Supervisors
Auditor-Controller and County Administrator
County Clerk-Recorder (S.Weir)
Assistant Clerk-Recorder By: , DEPUTY
(Barbara Chambers)
RESOLUTION NO. 95/633