[Adopted 4-10-2023 by Ord. No. 23-8]
The owner of a business, owner of a rental unit or units and
the owner of a multifamily home of four or fewer units, one which
is owner occupied, shall annually register a certificate of insurance
with the Borough Clerk on or before February 1 of each year or within
30 days of obtaining ownership of the property.
There shall be an annual administrative fee in the amount of
$100.
Failure to annually register a certificate of insurance on or
before February 1 of each year shall result in a fine of $2,000, which
shall be collected through a summary proceeding pursuant to the Penalty
Enforcement Law of 1999, P.L. 1999, c. 274 (N.J.S.A. 2A:58-10 et seq.).