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L ien Search Fee Resolution City Council Presentation August 20 th 2013 PowerPoint Presentation
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L ien Search Fee Resolution City Council Presentation August 20 th 2013

L ien Search Fee Resolution City Council Presentation August 20 th 2013

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L ien Search Fee Resolution City Council Presentation August 20 th 2013

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Presentation Transcript

  1. Lien Search Fee Resolution City Council Presentation August 20th2013

  2. Background • Ordinance 2007-09, Section 8 • Effective April 17th, 2007 • There shall be a service charge established by resolution for the preparation of a written confirmation of a lien search for the determination of whether a property has any liens owed to the City and amounts owed, if any. • Current Procedure • No charge • Less than 3 business day turn around • Lien payoff request system put in place in January 2010 • Number of Lien Requests • FY 2013 to date 7,499 • FY 2012 8,349 • FY 2011 5,111 • FY 2010 (Jan. – Sept.) 3,011

  3. What Other Cities are Doing • Daytona Beach • $15 fee 10 business days • Ormond Beach • $15 fee 7 business days • Sanford • $25 fee 7-14 business days • Edgewater • $30 3-5 business days • Port Orange • $25/$50 1 week/2 business days • Miramar • $35/$1005-7 business days/3 business days • St. Petersburg • $55 2 business days • Sunrise • $1005 business days

  4. What Other Cities are Doing • Approximately 38 Florida Cities reviewed • Average for 3-5 day turn around is $45 • Cities that do not charge stated that they receive little to no requests and/or are exploring the possibility of charging in the future • Clermont • Brooksville • Parker • St. Augustine Beach • Wauchula

  5. Proposal • Begin charging a $30 fee for lien payoff requests • Continue 3-5 business day turn around for requests, with a goal of less than 3 days

  6. Questions?