ITEM: |
CONSENT CALENDAR |
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5. |
CONSIDER RECOMMENDATION TO AUTHORIZE A
CONTRACT WITH CORPORATION SERVICE COMPANY – RECORDING FEES |
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Meeting
Date: |
May 19, 2025 |
Budgeted: |
Yes |
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From: |
David J.
Stoldt, |
Program/ |
Recording Fees |
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General
Manager |
Line Item No.: |
26-05-781900 |
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Prepared
By: |
Stephanie Locke |
Cost
Estimate: |
$60,000 (partially reimbursed) |
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General Counsel Review: N/A |
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Committee Recommendation: The Finance and Administration Committee reviewed this item on May 12, 2025, and recommended approval. |
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CEQA Compliance: This action
does not constitute a project as defined by the California Environmental
Quality Act Guidelines Section 15378. |
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SUMMARY: The District records approximately 150
documents each month with the County Recorder’s office with average recording
fees of $35. The documents are electronically recorded through Corporation
Service Company (CSC). Normally, approximately 40 percent of the
recording fees are reimbursed by the applicant, although during the “amnesty”
program to close out open Water Permits, which ends in September 2025, the
District is recording without reimbursement. Recorded documents
include deed restrictions related to access to water records and limitations on
use, Well Confirmation of Exemptions, Water Distribution System Permits, and
notices of non-compliance/compliance and removal.
CSC
requires immediate payment at the time a document is recorded. To
facilitate this, the District maintains a
deposit account that is regularly refilled to cover recording costs. Staff is seeking approval of $60,000 of budgeted funds for
document recording during Fiscal Year 2025-2026.
RECOMMENDATION: The Finance and Administration Committee recommends
that the Board approve the expenditure of $60,000 for recording fees
for Fiscal Year 2025-2026.
IMPACT
TO STAFF/RESOURCES: Funds for
this expenditure are included in the Fiscal Year 2025-2026 budget.
EXHIBIT
None
U:\staff\Boardpacket\2025\051925\Consent Calendar\05\Item-5.docx