[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.
A.
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.
B.
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]
A.
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.
B.
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.
