Title
Assessor’s Office recommending the Board approve and authorize the Chair to sign the attached perpetual revenue and exchange agreement with ParcelQuest, for a twenty percent (20%) revenue share on the gross annual revenue generated from the sale of El Dorado County Assessor's Office property data and Assessor's Maps.
FUNDING: Revenue Generating Agreement.
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DISCUSSION / BACKGROUND
ParcelQuest is engaged in the business of acquiring, compiling, arranging, selecting, formatting, and distributing, for a fee, land records and other data, and maps and other images, in electronic form. ParcelQuest sells licensed subscriptions to such data and maps in conjunction with data management programs used for variety of industries including Law Enforcement. Fifty-two (52) of the fifty-eight (58) Assessor's Offices in California have the same revenue and exchange agreement in place, with the same gross revenue share as El Dorado County will have if this agreement is approved.
The Assessor's Office has had a revenue sharing agreement in place with ParcelQuest for many years, the language in the current agreement is outdated and references old technology such as microfiche. This new agreement will more accurately reflect the business arrangement between ParcelQuest and the Assessor's Office.
Revenue from this contract can off-set General Fund Net County Cost of operations and could be a source of funding new technologies to carry out the duties of the Assessor's Office more efficiently.
ALTERNATIVES
The Board could not approve this item and the Assessor's Office would lose out on revenue generated from the agreement.
PRIOR BOARD ACTION
See above.
OTHER DEPARTMENT / AGENCY INVOLVEMENT
County Counsel has reviewed the agreement.
CAO RECOMMENDATION / COMMENTS
Approve as recommended.
FINANCIAL IMPACT
The Assessor’s Office is projecting that revenue generated from this agreement will range between $10,000 - $12,000 annually.
CLERK OF THE BOARD FOLLOW UP ACTIO...
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