Chapter 4.71
AUDITOR’S CENTENNIAL DOCUMENT PRESERVATION AND MODERNIZATION FUND

Sections:

4.71.010    Name of fund.

4.71.020    Purpose of fund.

4.71.030    Source of resource.

4.71.040    Operation of the fund.

4.71.050    Fund manager.

4.71.010 Name of fund.

There is created an agency fund known as the auditor’s centennial document preservation and modernization fund.

(Added Ord. 89-110, September 13, 1989).

4.71.020 Purpose of fund.

The purpose of the auditor’s centennial document preservation and modernization fund is described in the state of Washington’s 1989 session laws titled centennial document preservation act of 1989 (chapter 204) which requires the establishment of this fund. The fund shall receive surcharges collected on instruments recorded by the county auditor. The monies shall be remitted to the state of Washington by the county treasurer for eventual redistribution and return to the counties.

(Added Ord. 89-110, September 13, 1989).

4.71.030 Source of resource.

The state of Washington, in its centennial document preservation act of 1989 has empowered the county auditor to collect a surcharge on all instruments recorded with the county auditor. The amount of the surcharge has been established by this law; any subsequent changes must be made by the Washington state legislature.

(Added Ord. 89-110, September 13, 1989).

4.71.040 Operation of the fund.

The county auditor or his designee shall collect surcharges on instruments recorded by his office and remit them daily to the county treasurer for deposit to this fund. The monies shall be remitted by the county treasurer to the state of Washington for eventual redistribution and return to the counties.

(Added Ord. 89-110, September 13, 1989).

4.71.050 Fund manager.

The county treasurer or his designee shall be responsible for remitting the accumulated deposits to the state of Washington in a timely fashion.

(Added Ord. 89-110, September 13, 1989).