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Foreclosure, Abandoned, and Vacant Properties Fee Resolution <br />September 15, 2020 <br />Page 2 <br />FISCAL IMPACT <br />There are no adverse economic impacts to the City if this resolution is adopted by the City Council. <br />The ordinance provides that the City may impose a registration fee adopted by resolution. The <br />cost of the registration will be included in the City's Miscellaneous Fee Schedule and fees in the <br />amount of $1,232.85 will be collected annually for each registered property. <br />Similar to the PROCHAMPS (a digital property registration platform) cost for the administration and <br />collection of the Foreclosure Registration Program, PROCHAMPS annual flat rate registration of <br />$100 will continue for additionally identified vacant or abandoned properties such as historic <br />properties. PROCHAMPS will issue a property status report and a check for funds collected from <br />this program to the City on a monthly basis. <br />The original fee of $513, implemented over three years ago, would account for two (2) annual <br />inspections and only addressed defaulted and foreclosed properties. With the changes in the <br />Municipal Code to requiring monthly inspection for all registrable properties, the hours dedicated <br />to inspections and the number of inspections per year will increase significantly. The City will now <br />be inspecting all registerable properties on a monthly basis. This significantly increases the annual <br />staff time from 5.5 hours to 18.5 hours. In addition, regulatory requirements under the ordinance <br />necessitates additional time and involvement by the Code Enforcement Supervisor as well as Code <br />Enforcement Manager, to review these properties, especially those with more complex property <br />issues. <br />The funds received will be deposited in the Foreclosure, Abandoned, and Vacant Properties <br />Registration Program (Account No. 01116002-53628). The Miscellaneous Fee Request <br />Modification Form is provided to reflect the increased fee amount for this program (Exhibit 1). <br />Fiscal Impact Verified By: Kathryn Downs, CPA, Executive Director— Finance and Management <br />Services Agency <br />Submitted By: Minh Thai, Executive Director/Planning and Building Agency <br />Exhibits: 1. Resolution <br />2. Modify Miscellaneous Fee Request Form and calculations <br />75A-2 <br />