When Councilman Costello discovered that the City’s only real estate lien certificate printer had broken down n early-July, disrupting and delaying more than 1,000 real estate transactions in Baltimore City, he wrote a letter to Henry Raymond, Director of the Department of Finance, expressing his concerns and requesting an immediate response, including a contingency plan. On September 3, Councilman Costello received the response (attached below).
This response outlines actions taken by the Department of Finance, which included purchasing a second printer and establishing a contingency plan. The actions directly:
- reduce the risk of our real estate market being unnecessarily hampered;
- enable the Department of Finance to meet its Charter requirement to issue lien certificates necessary to complete real estate transactions; and
- help restore the public’s confidence in the role local government plays in the real estate market.