[HISTORY: Adopted by the Mayor and Council of the Township of Florence
12-20-2000 by Ord. No. 2000-27. Amendments noted where applicable.]
This chapter is enacted pursuant to the authorization provided in N.J.S.A.
17:36-8 to 17:36-13.
No insurance company authorized to issue fire insurance policies in
the State of New Jersey shall pay to a claimant any claim in excess of $2,500
for fire damages on any real property located within the Township of Florence,
pursuant to any fire insurance policy issued or renewed after the adoption
of this chapter and the filing of this chapter with the State Commissioner
of Insurance, until such time as all taxes, assessments and other municipal
liens or charges due and payable appearing on the official certificate of
search shall have been paid either by the owner of such real property or by
the insurance company pursuant to N.J.S.A. 17:36-10 or the Township submits
to the insurance company a copy of a resolution adopted pursuant to N.J S.A.
17:36-11.
The Township may enter into an agreement, when authorized by a duly
adopted resolution of the Township Council, with the owner of any fire-damaged
property to pay in full all delinquent taxes, assessments or other municipal
liens by installments pursuant to N.J.S.A. 54:5-19 or for the redemption of
a tax sale lien by installment payments pursuant to N.J.S.A. 54:5-65 et seq.
if the Township Council is satisfied that the claim for fire damages is to
be used to restore or improve the fire-damaged property.
Upon final adoption, the Township Clerk shall file a certified copy
of this ordinance with the State Commissioner of Insurance.
