[Adopted 6-11-1974 by L.L. No. 5-1974]
It is hereby declared to be the legislative
intent of the Town Board of the Town of North Hempstead to provide
for the imposition of charges for special governmental services wherein
such services require special knowledge, personnel or handling by
the town.
A.
The Supervisor and/or the Comptroller of the Town
of North Hempstead shall impose a service charge for receiving, handling
and disbursing funds and coupons in connection with any securities
tendered and deposited in lieu of amounts held as retainers for contracts
for public works pursuant to § 106 of the General Municipal
Law.
B.
Basis of charge. Such service charge shall consist
of the reasonable charge for the rental of a safe-deposit box at a
proper depository. Such charges shall also include the salary of employees
engaged in the administration and servicing of the securities deposited
at the prevailing hourly rates and such other administrative expenses
chargeable to the servicing of the securities.
C.
Effective date. This article shall be effective upon
filing with the Secretary of State of the State of New York.
