DATE: November 24, 2020
TO: Board of Supervisors
SUBMITTED BY: Paul Dictos, CPA, Assessor-Recorder
SUBJECT: Notice of Withdrawal from Joint Powers Agreement with California Electronic Recording Transaction Network Authority (CERTNA) and Approval of Memorandum of Understanding for Statewide Electronic Courier Universal Recording Environment (SECURE)
RECOMMENDED ACTION(S):
TITLE
1. Adopt a Resolution of intent to withdraw from the California Electronic Recording Transaction Network Authority effective July 1, 2021.
2. Approve and authorize the Chairman to execute a Memorandum of Understanding with the counties of Orange, Los Angeles, Riverside, and San Diego for the Statewide Electronic Courier Universal Recording Environment, a multi-county electronic recording delivery system, effective November 24, 2020, through August 18, 2023, total not to exceed $300,000.
REPORT
Approval of the first recommended action will allow for the County to withdraw from the California Electronic Recording Transaction Network Authority (CERTNA) effective July 1, 2021. Approval of the second recommended action will allow the Assessor-Recorder to participate in the Statewide Electronic Courier Universal Recording Environment (SECURE). These actions will assist in the process of transitioning the Recorder's office to a new electronic recording delivery system, which allows authorized submitters, such as title companies and lenders, to submit digitized records and digital electronic records for recording. This item is countywide.
ALTERNATIVE ACTION(S):
If the recommended actions are not approved by your Board, the County will continue to accept digitized records and digital electronic records for recordation through the California Electronic Recording Transaction Network (CERTN).
FISCAL IMPACT:
There is no increase in Net County Cost (NCC) associated with the recommended actions. The proposed Memorandum of Understanding (MOU) has an initial buy-in fee of $50,000 plus an estim...
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