Public Trustee eBusiness Committee Meeting
October 20^th, 2005, PM
After the Public Trustee Session
Marriott Hotel
Ft. Collins, CO

Welcome was given by the chairman, Alynn Huffman.

Roll Call was taken:

Present

• Jack Arrowsmith, Douglas County Public Trustee

• Alynn Huffman, Gilpin County Public Trustee/Treasurer

• Angela Dazlich, Larimer County Public Trustee

• Roxy Huber, City and County of Broomfield Revenue Manager/Public Trustee/Treasurer

• Sandy Hume, Boulder County Public Trustee

• Michelle Miller, Park County Public Trustee/Treasurer

• Larry Castle, Castle, Meinhold & Stawiarski

• Peggy Foley, Pueblo County Public Trustee

Not Present

• Jill Voegtle, City and County of Denver Deputy Public Trustee

• Marilyn Bullard

Minutes were reviewed and approved as amended to correct a spelling error and remove the sentence regarding the creation of a committee for the Summit meeting.   Motion by Jack and second by Angela to accept as amended.  

Alynn gave an update regarding the release forms and indicated it was continuing to meet with significant resistance with the title companies.  They still want four forms.  Jack has spoken to Dianne Evans and will visit with her again to see if there is any way we might move this forward.  Rich and Larry may want to talk to LTAC to see if they could get any movement or discussion form them.  Alynn will email forms to Rich and Larry.  Bradford has made the new forms available on their website.  

Jack gave an update on Smart Documents.  Kuvera and Ingio have the documents for review. 

Larry Castle gave an update on the public trustee statute re-write and the outcome of current discussions with the stakeholders and the bill sponsor. There are still issues to be worked out and Rich, Larry and Robert are tackling those parts of the rewrite including but not limited to the reversal of the redemption order and excess proceeds.  

MERS foreclosures were discussed and it was further agreed that per the memo provided by Caryn Castle we should not accept foreclosures done in MERS name.   Memo should not be distributed, merely to give the association her advice.  

Jill was not present to present an update but Jack explained that Denver would be taking over the upcoming Summit.   No additional action is currently necessary from the committee. 

Item 9 on the agenda was scratched as no committee was formed.  

New Business

Per the Public Trustee business meeting , the eBusiness committee was asked to research actions involving electronic funds transfers for payment at foreclosure sales.  Alynn will request information from the counties and compile the data and get back to us at the next meeting.  Due date will be 11/4 to update the bank limitations regarding this per office.  

Next Meeting

Friday November 18^th in Broomfield at Noon.  

Meeting Adjourned

Respectfully submitted,
Roxy Huber for Marilyn Bullard, Secretary