The county recorder shall use the definition of “value of consideration” found in Section 3.16.015 of this chapter when computing the tax to be paid pursuant to this chapter. Otherwise, the county recorder shall administer this chapter in conformity with the provisions of Part 6.7 of Division 2 of the Revenue and Taxation Code (commencing at Section 11901), the provisions of any county ordinance adopted pursuant thereto, and any contractual agreement between the city and the county. The county shall promptly remit to the city all funds collected pursuant to this chapter which exceed the amount the county is specifically authorized to retain. (Ord. 566 § 2 (part), 1994).