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HomeMy WebLinkAboutMINUTES - 03271984 - 1.63 TO: BOARD OF SUPERVISORS Auditor-Controller Contra FROM: Costa DATE: March 20, 1982 County SUBJECT: Increasing collection charge for Collection of Improvement Bond Act of 1915 assessments. SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION The Board authorize the Auditor-Controller to charge a fee of 5% per installment of principal and interest, of Improvement Bond Act 1915 assessments, not to exceed $3.00 per installment. BACKGROUND Pursuant to Streets and Highways Code Section 8682, the County has been charging a fee of 1/4 of one percent of 1915 Act Bond Assessment installments to defray the cost of collecting these installments. Section 8682 has been amended, effective January 1, 1984, to change the amount of the fee to 5% of the installment amount, but not to exceed $3.00. A cost study by this office shows that the County's costs of collection exceed the $3.00 per installment maximum. CONTINUED ON ATTACHMENT: YES SIGNATURE: �L �� taCjJ'L�A� RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON 9 X APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS UNANIMOUS (ABSENT ) I HEREBY CERTIFY THAT THIS IS A TRUE AYES: NOES: AND CORRECT COPY OF AN ACTION TAKEN ABSENT: ABSTAIN: AND ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISS ON THE DATE SHOWN. CC: County Administrator ATTESTED Public Works Director J.R. OLSSON, COUNTY CLERK Treasurer-Tax Collector AND EX OFFICIO CLERK OF THE BOARD 00058 M382/7-03 BY DEPUTY