RECOMMENDATION(S):
APPROVE and AUTHORIZE the County Clerk-Recorder, or designee, to execute a Memorandum of Understanding (the "SECURE MOU") with the Counties of Orange, Los Angeles, Riverside, and San Diego to participate in the SECURE Electronic Recording Delivery System, in an amount of $50,000 for an initial fee and an annual fee not to exceed $110,000, for a term beginning upon the execution of the agreement and continuing until August 23, 2023.
FISCAL IMPACT:
There is no impact to the County General Fund for this program. It will be paid for with dedicated Recorder Electronic Delivery System (“ERDS”) Trust fund monies. The initial "buy-in" fee and the annual cost are determined by the number of real property documents recorded in the previous year, as specified in the SECURE MOU.
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