ITEM:		CONSENT CALENDAR
7.	CONSIDER RECOMMENDATION TO continue e-recording with Corporation Service Company
Meeting Date:			June 17, 2024	Budgeted:	Yes
From:			David J. Stoldt,	Program/	Recording Fees
			General Manager	Line Item No.:	26-05-781900
Prepared By:			Stephanie Locke	Cost Estimate:	$60,000 (40-60% reimbursable)
General Counsel Review: N/A
Committee Recommendation: The Finance and Administration Committee reviewed this item on June 10, 2024, and recommended approval
CEQA Compliance: This action does not constitute a project as defined by the California Environmental Quality Act Guidelines Section 15378.

SUMMARY:  The District records approximately 150 documents each month with the County Recorder’s office with average recording fees of $35 per document. The documents are electronically recorded through Corporation Service Company (CSC) software at the District office.  Approximately 40-60 percent of the recording fees are reimbursed by the applicant for deed restrictions related to permits and for recording and removal of enforcement notices.  The District pays for deed restrictions which allow access to water records and for initial enforcement recordings All Water Permits require the “Provide Public Access to Water Use Data” deed restriction, and the District Rules state that there is no charge to the applicant for this deed restriction.

 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 2024-2025.    

RECOMMENDATION:  The Finance and Administration Committee recommends that the Board approve the expenditure of $60,000 for recording fees for Fiscal Year 2024-2025.

IMPACT TO STAFF/RESOURCES:  Funds for this expenditure are included in the Fiscal Year 2024-2025 budget.

EXHIBIT

None

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