No license shall be issued with respect to any business or activity
or to any property whereon is situated the business or activity for which
the license or permit is sought unless there shall have first been paid all
delinquent property taxes and assessments for which said property is liable.
The Borough shall suspend any previously issued license or permit at
such time as a tax or an assessment levied upon the property whereon the licensee
or permittee conducts its business or activity shall have remained unpaid
for more than three consecutive quarters.
Said license or permit shall be restored upon payment of the delinquent
tax assessment together with interest accrued and penalties imposed thereon.
This article shall not apply to alcoholic beverage licenses or permits
issued pursuant to Title 33 of the New Jersey Statutes.