Agenda

Return

C.43

To:	Board of Supervisors
From:	Stephen L. Weir, Clerk-Recorder
Date:	January 24, 2012

Contra

Costa

County

Subject:

Refund Overpayment of Documentary Transfer Tax

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 01/24/2012

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, District I Supervisor
Gayle B. Uilkema, District II Supervisor
Mary N. Piepho, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor

Contact:

Mary Whatford, 925-335-7917

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.
ATTESTED: January 24, 2012
David Twa,

BY:	, Deputy

RECOMMENDATION(S):

APPROVE the refund of overpayment of documentary transfer tax totaling $639 and AUTHORIZE the County Auditor-Controller to issue warrants to the parties listed below in the amounts specified.

FISCAL IMPACT:

This is a refund of overcollected funds. Both the overpayment and reimbursement of documentary transfer tax are from the fiscal year 2011/2012 general fund.

BACKGROUND:

The County Clerk-Recorder received payments for documentary transfer tax in excess of the amounts due. The following parties overpaid documentary transfer tax in the amounts listed below.

BACKGROUND: (CONT'D)

LSI Title Company
3220 El Camino Real
Irvine, CA 92602
Order #110243620 Series #2011-0160618 $386.10

Fidelity National Title Company
4683 Chabot Dr. #200
Pleasanton, CA 94588
Escrow #11-262990-TEC Series #2011-0167127 $60.50

Cornerstone Title Company
5990 Stoneridge Drive, Suite 119
Pleasanton, CA 94588
Escrow # PL-2694 (LH) Series #2011-0186320 $180.40

Old Republic Title Company
1000 Burnett Ave. Ste. 400
Concord, CA 94520
Escrow # 0147008656 Series #2011-0199733 $11.55

CONSEQUENCE OF NEGATIVE ACTION:

Failure to reimburse the parties would cause them to pay more than legally required for documentary transfer tax.

CHILDREN'S IMPACT STATEMENT:

Not Applicable.