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75I - PH - FORECLOSED FEE
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12/19/2017
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75I - PH - FORECLOSED FEE
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Last modified
12/14/2017 8:00:51 PM
Creation date
12/14/2017 7:59:43 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Planning & Building
Item #
75I
Date
12/19/2017
Destruction Year
2022
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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />DECEMBER 19, 2017 <br />TITLE: <br />PUBLIC HEARING - ADOPT A RESOLUTION <br />AMENDING THE FEE FOR THE <br />REGISTRATION OF FORECLOSED <br />PROPERTIES TO INCLUDE FEE FOR <br />CONSULTANT COSTS FOR SERVICES AND <br />ENTERING INTO AN AGREEMENT WITH <br />PROPERTY REGISTRATION CHAMPIONS <br />LLC TO ADMINISTER FORECLOSURE <br />COLLECTION PROGRAM <br />(STRATEGIC PLAN NO. 5,4) <br />E WiY4 1 <br />C MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 7s' Reading <br />❑ Ordinance on 2o° Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />Adopt a resolution amending the fee for the registration of foreclosed and abandoned <br />properties to include fee for the consultant's costs for services associated with the program. <br />2. Authorize the City Manager and the Clerk of the Council to execute a two-year agreement <br />with Property Registration Champions LLC for the administration and collection of the City- <br />wide Foreclosure Program, subject to non -substantive changes approved by the City <br />Manager and City Attorney. <br />On October 3, 2017, the City Council adopted an ordinance for the registration of abandoned and <br />defaulted residential/commercial properties. Along with Council approval, authorization was <br />granted to solicit the services of qualified companies through a Request for Qualification (RFQ) <br />process to expedite the registration program. These companies specialize in helping cities <br />search for defaulted/foreclosed properties and contact financial institutes to advise them of the <br />foreclosure program and collection process. <br />Foreclosure Registration entities have immediate real estate foreclosure data and finance/bank <br />information that expedite this type of program. Conducting abatement enforcement on hard to <br />reach financial institutions has been a challenge for the Code Enforcement Division. A <br />partnership with a professional business that will receive a fee not to exceed of approximately <br />$100 for each registration fee collected will assist the City in establishing a successful program. <br />751-1 <br />
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