DATE: June 20, 2023
TO: Board of Supervisors
SUBMITTED BY: Paul Dictos, C.P.A, Assessor-Recorder
SUBJECT: Approve Memorandum of Understanding for continued participation in
Statewide Electronic Courier Universal Recording Environment
(SECURE)
RECOMMENDED ACTION(S):
TITLE
Approve and authorize Chairman to execute a Memorandum of Understanding with the counties of Orange, Los Angeles, Riverside, and San Diego for continued participation in the Statewide Electronic Courier Universal Recording Environment, a multi-county electronic recording delivery stem, effective June 20, 2023, through June 20, 2028, total not to exceed $400,000.
REPORT
Approval of the recommended action will allow the Assessor-Recorder to continue to participate in the Statewide Electronic Courier Universal Recording Environment (SECURE). Participation in SECURE allows authorized submitters, such as title companies and lenders, to submit digitized records and digital electronic records for recording with Recorder's Office.
This item is countywide.
ALTERNATIVE ACTION(S):
If the recommended actions are not approved by your Board, the County will not be able accept digitized records and digital electronic records for recordation through SECURE.
FISCAL IMPACT:
There is no increase in Net County Cost associated with the recommended actions. The proposed Memorandum of Understanding (MOU) has an estimated annual compensation amount of $67,200. The total costs under the MOU shall not exceed $400,000. Sufficient appropriation and estimated revenues for the costs associated with this MOU are included in the Recorder Org 1048 Fiscal Year 2022-23 Adopted Budget and will be included within subsequent recommended budgets.
DISCUSSION:
On November 24, 2020, the Board approved Agreement No. 20-459 to join SECURE for the purpose of using SECURE, which is an Electronic Recording Delivery System (ERDS). An ERDS allows authorized submitters, such as title companies and lenders, to submit digitized re...
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