[Adopted 8-15-1979 as Ord. No. 328
(Art. I of Ch. 68 of the 1974 Code of the Township of Lopatcong)]
No insurance company authorized to issue fire insurance policies in
the State of New Jersey shall pay any claim in excess of two thousand five
hundred dollars ($2,500.) for fire damage on any real property located within
the Township of Lopatcong, County of Warren and State of New Jersey, pursuant
to any fire insurance policy issued or renewed after the adoption of this
Article and after the filing of this Article with the State Commissioner of
Insurance until such time as all taxes and assessments and all other municipal
liens or charges due and payable appearing on the official certificate of
search for municipal liens, pursuant to N.J.S.A. 54:5-12, certifies that such
taxes, assessments, liens or charges have been paid either by the owner of
such real property or by the insurance carrier, or the municipality submits
to the insurance company a copy of a resolution stating that the governing
body of the municipality is satisfied that the claim for fire damage is to
be used to restore or improve the fire-damaged property and authorizing the
full payment of the claim on such insurance company to the insured person.
The governing body of the township may enter into an agreement 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 Article 7 of Chapter 5 of Title 54 of the Statutes Annotated, if the governing body is satisfied that the claim for fire damage
is to be used to restore or improve the fire-damaged property.
Nothing in this Article shall affect the authority of the township to
enforce a municipal lien under any other law of this state.