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C4M-Ref- FCWPC - New Program For Expedited Lien Searchesg MIAMIBEACH City of Miomi Beoch, .l700 Convention Center Drive, Miomi Beoch, Florido 33,l39, www.miomibeochfl,gov COMMISSION MEMORANDUM t,To: Mayor Philip Levine and Members bt tn. City Corylrission FRoM: Jimmy L. Morales, City Manager t -l ;>*,--i/DATE: September 10,2014 I I SUBJECT: REFERRAL TO FINANCE I RUO CITY.WIDE PROJEGTS COMMITTEE (FCWPC) - A DISCUSSTON ON A NEW PROGRAM FOR EXPEDITED LIEN SEARCHES WITH A TURN.AROUND TIME OF ONE TO TWO BUSINESS DAYS; CHARGING CUSTOMERS $25O.OO FOR AN EXPEDITED CERTIFIED LIEN SEARCH AND $3OO.OO FOR AN EXPEDITED CERTIFIED CONDOMINIUM LIEN SEARCH INCLUDING COMMON AREAS. ADMINISTRATION RECOMM ENDATION Refer the item to the Finance and Citywide Projects Committee for discussion. BACKGROUND The City of Miami Beach processes approximately 1,600 certified lien searches annually. Current fees for certified lien searches range from $100 to $150, with approximate revenues at $227,500. ln September 2009, the City of Miami Beach established the current fee structure for lien searches. When conducting a certified lien search, City staff research open building permits, code violations, building violations, in addition to unpaid amounts for City charges (i.e. water, sewer, stormwater, waste, resort tax, special assessments, business tax, and miscellaneous City bills). On July 2,2014, City staff conducted an industry meeting for title companies to discuss the City's current lien processes. The top 25 title search lien customers were invited to attend this meeting. During this meeting, the industry suggested the City establish an expedited 24-48 hour certified lien service for an additional fee. Currently, the City publishes a turn-around time of ten business days for certified lien searches. The actual average turn-around time for these lien searches is approximately five business days. CONCLUSION The Administration recommends that the Mayor and City Commission refer this item to the Finance and Citywide Projects Committee for a discussion and recommendation on a new program for expedited lien searches. Agenda atem C?M JLM/PDW fr** Date ?-/o-/c/83 THIS PAGE INTENTIONALLY LEFT BLANK 84