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

WHEREAS, Resolution 76 of 2020 authorized distribution of a Request for Proposals for Title Search Services and one (1) Proposal was received; and

WHEREAS, Resolution 131 of 2020 authorized a Contract between the County Treasurer and Chain of Deeds Abstracts, LLC for Title Search Services to complete 200 to 250 searches at a cost of $115.00 per search; and

WHEREAS, due to the County Treasurer needing approximately 400 to 450 searches completed each year, he solicited additional proposals from other area firms; and

WHEREAS, Genesis Abstract, Inc. and KCS Land Research Corp. responded to the County Treasurer’s request to complete Title Searches at a fee of $125.00 per search; and

WHEREAS, in fairness to all contractors, the County Treasurer recommends contracting with Chain of Deeds, LLC, Genesis Abstract Inc. and KCS Land Research Corp. at a cost not to exceed $125.00 per search to complete all Title Search work required for annual property tax enforcement; 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 with the following title search companies:

 

      Chain of Deeds LLC (240 River Street, Apt. C, Warrensburg, NY)

      Genesis Abstract Inc. (128 West Main Street, Mohawk, NY)

      KCS Land Research Corp. (9 Mohawk Place, Amsterdam, NY)

 

effective immediately through May 31, 2021, at the following rates:

 

      $90.00 per parcel for base search

        15.00 per parcel for bankruptcy search

        20.00 per parcel for search update

 

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, Chain of Deeds, LLC, Genesis Abstract Inc., KCS Land Research Corp., Budget Director/County Auditor and Administrative Officer/Clerk of the Board.

 

 

 

 

 

Seconded by Supervisor CALLERY and adopted by the following vote:

TOTAL:  Ayes: 18   Nays: 0   Absent: 2 (Supervisors Lauria and Wilson)