Supervisor ARGOTSINGER offered the following Resolution and moved its adoption:

RESOLUTION AUTHORIZING CONTRACTS BETWEEN THE COUNTY TREASURER AND CERTAIN TITLE INSURANCE COMPANIES FOR TITLE SEARCH SERVICES

WHERAS, Resolution 234 of 2017 authorized a Contract Between the County Treasurer and Chain of Deeds Abstract, LLC for Title Search Services; and

WHEREAS, Resolution 266 of 2017 authorized contracts between the County Treasurer and certain title insurance companies for title search services from June 12, 2017 through March 31, 2018; and

WHEREAS, the County Treasurer is asking to contract with additional title search companies under the same pricing terms and conditions to ensure completion of all tax foreclosure transactions in a timely manner; now, therefore be it

RESOLVED, That upon the recommendation of the County Treasurer and Committee on Finance, the Chairman of the Board be and hereby is authorized to sign contracts between the County Treasurer and the following Title Search Companies for title search services; effective January 1, 2019 through December 31, 2019, at the following rates:

Rates:
Genesis Abstract Company      $125.00 per foreclosure property search
Sacandaga Abstract                  $125.00 per foreclosure property search

and, be it further

RESOLVED, That said contract awards be and hereby are contingent upon each abstract company submitting a Certificate of Insurance for professional liability insurance naming the County as an additional insured for the entire period of the contract work; and, be it further

RESOLVED, That certified copies of this Resolution be forwarded to the County Treasurer, County Clerk, Genesis Abstract Company, and Sacandaga Abstract, Budget Director/County Auditor and Administrative Officer/Clerk of the Board.

Seconded by Supervisor WILSON and adopted by the following vote:

TOTAL: Ayes: 20 Nays: 0 Absent: 0

Resolutions