[HISTORY: Adopted by the Mayor and Council of the Borough of River Edge 10-2-1989 as Ord. No. 990 (§ 16-4 of the 1975 Code). Amendments noted where applicable.]
Any person, company or organization who presents a check to the borough for the payment of municipal fees or real estate taxes pursuant to this chapter, which check is subsequently dishonored by the financial institution on which it is drawn, will be charged a fee as set forth in the Borough Fee Schedule, adopted by resolution of the Borough Council, on file in the office of the Borough Clerk.
If a check is returned unpaid by the financial institution to the borough subsequent to initial deposit, the borough will immediately redeposit said check. If, subsequent to such redeposit, the check is again returned unpaid by the financial institution to the borough, the aforesaid charge shall at that time be assessed against the issuer of the check.
Where a check presented to the Borough for a payment of real estate taxes or any other fee is returned from the financial institution from which it is drawn, and a second redeposit has occurred, the Borough reserves the right to accept only guaranteed funds: cash, certified check or money order.
[Added 9-19-2016 by Ord. No. 1871]
Where a check presented to the borough for the payment of real estate taxes is dishonored by the financial institution on which it is drawn, and a returned check fee is assessed pursuant to this section, said fee, if not paid by the check issuer, shall be made a lien against the subject real property by the Municipal Tax Collector in the manner prescribed by law.
Where a check presented to the borough for payment of any other fee is returned from the financial institution on which it is drawn, and a returned check fee assessed pursuant to this section is not paid by the check issuer, the borough shall reserve the right to seek redress in any manner authorized by law.