HomeMy WebLinkAboutMINUTES - 05051987 - 1.56 TO'. BOARD OF SUPERVISORS
FROM: Donald L . Bouchet , Auditor-Controller Contra
Costa
DATE: 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 the
collection fee of 5% per installment of principal and interest ,
of Improvement Bond Act 1915 assessments , not to exceed $8. 00 per
installment effective July 1 , 1987 .
BACKGROUND
Pursuant to Streets and Highways Code Section 8682 , the
County has been charging a fee of 5% per installment of principal
and interest not to exceed $3 . 00 per installment of 1915 Act Bond
Assessment installments to defray the cost of collecting these
installments .
Section 8682 has been amended , effective January 1 , 1987 ,
to change the amount of the fee to 5% of the installment amount ,
but not to exceed $8. 00 .
A cost study by this office shows that the County ' s costs of
collection exceed the $8. 00 per installment maximum.
CONTINUED ON ATTACHMENT: YES SIGNATURE: S
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE S
ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A TRUE
UNANIMOUS (ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES. AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN.
.
cc: County Administrator ATTESTED MAY 51967
P u b 11 c WorksDirector PHIL BATCHELOR, CLERK OF THE BOARD OF
Treasurer-Ta'x Collector SUPERVISORS AND COUNTY ADMINISTRATOR
Auditor-Controller
BY DEPUTY
M382/7-83