Agenda

Return

C. 29

To:	Board of Supervisors
From:	Deborah R. Cooper, Clerk-Recorder
Date:	May 3, 2022

Contra

Costa

County

Subject:

Refund Overpayment of Documentary Transfer Tax

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 05/03/2022

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Diane Burgis, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor

Contact:

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: May 3, 2022
Monica Nino, County Administrator

BY:	, Deputy

RECOMMENDATION(S):

APPROVE and AUTHORIZE the Auditor-Controller to issue a refund of overpayment of documentary transfer tax totaling $100,002.10 to specified parties.

FISCAL IMPACT:

The recommendation will result in a reduction of $100,002.10 to the County General Fund: $99,995.50 is from the 2020-2021 fiscal year and $6.60 is from the 2021-2022 fiscal year.

BACKGROUND:

The County Clerk-Recorder received incorrect payment of documentary transfer tax from the following parties in the amounts listed below:

BACKGROUND: (CONT'D)

California Community Housing Agency	DOC 2021-0056950 $99,995.50
2999 Oak Road, Suite 710
Walnut Creek, CA 94597
eRecording Partners Network	DOC 2021-0257564 $6.60
400 Second Avenue South
Minneapolis, MN 55401

CONSEQUENCE OF NEGATIVE ACTION:

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