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Lien Search Fee Resolution City Council Presentation August 13 th 2013
6

L ien Search Fee Resolution City Council Presentation August 13 th 2013

Feb 04, 2016

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L ien Search Fee Resolution City Council Presentation August 13 th 2013. Background. Ordinance 2007-09, Section 8 Effective April 17 th , 2007 - PowerPoint PPT Presentation
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Page 1: L ien Search  Fee Resolution City Council Presentation  August 13 th  2013

Lien Search Fee Resolution

City Council Presentation August 13th 2013

Page 2: L ien Search  Fee Resolution City Council Presentation  August 13 th  2013

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

Background

Page 3: L ien Search  Fee Resolution City Council Presentation  August 13 th  2013

Daytona Beach$15 fee 10 business days

Ormond Beach$15 fee 7 business days

Sanford$25 fee 7-14 business

daysEdgewater

$30 3-5 business daysPort Orange

$25/$50 1 week/2 business days

Miramar$35/$100 5-7 business days/3

business daysSt. Petersburg

$55 2 business daysSunrise

$100 5 business days

What Other Cities are Doing

Page 4: L ien Search  Fee Resolution City Council Presentation  August 13 th  2013

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

What Other Cities are Doing

Page 5: L ien Search  Fee Resolution City Council Presentation  August 13 th  2013

Proposal

Begin charging a $45 fee for lien payoff requests

Continue 3-5 business day turn around for requests, with a goal of less than 3 days