Loading...
HomeMy WebLinkAboutMINUTES - 04152008 - C.41 TO: BOARD OF SUPERVISORS `_`-3 Z r Contra FROM: ROBERT KOCHLY, DISTRICT ATTORNEY Costa 7 DATE: April 15, 2008 CountyGo rq uty 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 08/09 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 Depadlment of Insurance for funding of the Life and Annuity Consumer Protection Program in the amount of $28,213 for the period July 1 , 2008 through June 30, 2009. (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 included in the District Attorney's 08/09 budget. 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. CONTINUED ON ATTACHMENT: SIGNATURE. RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMD ION OF BYARD CO ITTEE —� APPROVE OTHER SIGNATURE(S): , ACTION OF BO ON APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS: I HEREBY—CERTIFY THATTHIS IS ATRUEANDCORRECT COPY OF AN ACTION TAKEN AND ENTERED ON XUNANIMOUS(ABSENT MINUTES OF THE BOARD OF SUPERVISORS ON THE AYES: NOES: DATE SHOWN. ABSENT: ABSTAIN: Contact: Judy Lytle,DA Chief of Administration 957-2234 ATTESTED (� O JOIIN CfJLLEN,CLERK OF THLIBOARD OF SUPERVISORS cc: District Attorney–Attn:Judy Lytle County Administrator–Attn:Tim Ewell Auditor-Controller � BY: ® D�T-Y THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution o+;1K 9 by t� following vote: AYES: 1) -�J � NOES: AM4 ABSENT: Kut ABSTAIN: RESOLUTION NO. 2008/-" 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 Orders\Forms\Board Orders\Standard Resolution.doc ATTESTED: APA;i /s- �/�/0 Orig.Dept.:District Attorney(2 copies) JOHN CULLEN,Clerk of the Board of Supervisors and Contact: Judy Lytle (957-2234) cc: County Administrator—Attn:Tien Ewell County Administrator Auditor-Controller / O By O Deputy RESOLUTION NO. 2008/c