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HomeMy WebLinkAboutMINUTES - 05082007 - C.43 �l SE..L TO: BOARD OF SUPERVISORS ,;--- � �_���., Contra FROM: ROBERT KOCHLY, DISTRICT ATTORNEY _ Costa o ?yam, •. DATE: May 8, 2007 County Sra'co'tiri�t SUBJECT: Approval to Submit Application and Execute Grant Award Agreement with California Department of Insurance for Funding Life and Annuity Consumer Protection Program for Fiscal Year 07/08 SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDED ACTION: Adopt a resolution to approve and authorize the District Attorney to submit an application and execute a grant award agreement, and any extensions or amendments thereof, pursuant to State guidelines, with the State Department of Insurance for funding of the Life and Annuity Consumer Protection Program in the amount of $25,385 for the period July 1, 2007 through June 30, 2008. (State Funds- No match required) FINANCIAL IMPACT: The grant application will fund one-eighth of the salary and benefits for an attorney assigned to the program. The position will operate out of the District Attorney's Special Operations Division. The Life and Annuity Consumer Protection Program award is allocated from a trust fund financed by an assessment on each individual life insurance policy and each individual annuity product with a value of fifteen thousand or more issued to a resident of the state, paid by the insurer. Of the assessment amount, fifty percent of the funds are distributed to District Attorneys for investigating and prosecuting individual life insurance and annuity product financial abuse cases involving insurance licensees or any persons holding themselves out to be insurance licensees. Expenditures and revenues for grant position are not included in the District Attorney's 07/08 budget, appropriation adjustment will be prepared upon receipt of grant award. REASONS FOR RECOMMENDATIONS AND BACKGROUND: The State Legislature has determined that there is a need to protect consumers of life insurance and annuity products in the state. While fraud is recognized as a growing problem across the county, California is an area of concerted criminal activity in insurance fraud. CONSEQUENCES OF NEGATIVE ACTION: Failure to approve the recommendation will result in the loss of State funds available to combat the problem of insurance fraud in Contra Costa County. C1 r CONTINUED ON ATTACHMENT: via, SIGNATURE: / RECOMMENDATION OF COUNT ADMINISTRATOR RECOMME ION OF BOARD COMMITT /APPROVE OTHER SIGNATURE(S): 9"- 'g�� ACTION OF BOAe APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS: I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN ACTION TAKEN AND ENTERED ON UNANIMOUS(ABSENT ) MINUTES OF THE BOARD OF SUPERVISORS ON THE AYES: NOES: DATE SHOWN. ABSENT: ABSTAIN: Contact: ATTESTED JOHN CULL , ERK Of THE BOARDkDF SUPERVISO cc: District Attorney—Attn:Judy Lytle County Administrator—Attn:Jennifer Deadman Auditor-Controller BY: r ,DEPUTY ,F THE ]BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA r Adopted this Resolution on �J $� p�by the following vote: AYES: I �IIV" % NOES: NON ABSENT: ko�((� ABSTAIN: NO ►,.;,,Q RESOLUTION NO. 2007/ CX'6 SUBJECT: Funding of the Life and Annuity Consumer Protection Program RESOLUTION OF THE GOVERNING BOARD WHEREAS the Board of Supervisors, Contra Costa County, desires to undertake a certain project designated as the Life and Annuity Consumer Protection Program to be funded in part from funds made available under the authority of California Insurance Code section 10127.17 and administered by the California Department of Insurance (hereinafter referred to as DOI), NOW, THEREFORE BE IT RESOLVED that the District Attorney of the County of Contra Costa District Attorney's Office Special Operations Division is authorized, on its behalf to submit the attached proposal to the California Department of Insurance and is authorized to execute, on behalf of the Board of Supervisors, the Grant Award Agreement, including any extensions or amendments thereof. BE IT FURTHER RESOLVED that the grant funds received hereunder shall not be used to supplant expenditures previously authorized or controlled by this body. 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. G:\GrpData\Board OrdersTorms\Board Orders\Standard Resolution.doc ATTESTED: 1ki )0o Orig.Dept.:District Attorney(2 copies) JOHN CULLEN,Cler the B and of Sup isors and Contact: Judy Lytle(957-2234) cc: County Administrator—Attn:Lisa Driscoll County Administrator Auditor-Controller p By co `�/� L? O Deputy RESOLUTION NO. 2007/a ��