Report to Mayor and City Council
Tuesday, July 16, 2019
Consent
SUBJECT:
Title
CONSIDER APPROVAL OF AMENDMENT NO. 3 TO A CONTRACT SERVICES AGREEMENT WITH NATIONWIDE COST RECOVERY SERVICES FOR ADMINISTRATION AND IMPLEMENTATION OF THE CITY'S FORECLOSURE REGISTRATION PROGRAM (CITY COUNCIL)
Body
I. SUMMARY
In 2013, the Carson City Council passed the Foreclosure Registration Program Ordinance (Ordinance No. 13-1510), which was subsequently incorporated into Chapter 7 and Chapter 9 of the Carson Municipal Code (Exhibit No. 1). The Foreclosure Registration Program ("FRP") establishes a mechanism to protect neighborhoods from blight resulting from the foreclosures and unmaintained properties. Owners of foreclosed residential properties (primarily financial institutions; or "Real Estate Owned") are required by the City to register their vacant foreclosed properties until the property is occupied. Due to the specialized nature of the program, cities that have a foreclosure registration program equivalent, typically contract with consultants to facilitate the tracking, billing and compliance of Real Estate Owned (REO) properties through the foreclosure process.
Since the program's inception, the City has utilized Nationwide Cost Recovery Services ("NCRS") to administer and implement the City's Foreclosure Registration Program. Other cities with municipal foreclosure registration programs also utilize NCRS and are not aware of another provider of these unique services. The current contract provides NCRS with 40% of fees collected under the FRP, while the City receives the remaining 60%. Because NCRS is a unique service provider, staff is requesting the City Council waive the City's bidding requirements and approve a three year term extension under the current arrangement whereby 40% of collected registration fees and penalties are provided to NCRS and the remaining 60% are provided to City.
II. RECOMMENDATION
Recommendation
1. DETERMINE Nationwide Cost Recovery S...
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