[Adopted 3-15-1983 by Ord. No. 2336-83]
The Mayor and Council hereby provides for tax liens on fire-damaged properties, pursuant to the provisions of P.L. 1978, c. 184 (N.J.S.A. 17:36-8 through 17:36-13), as amended and supplemented, prohibiting the payment to a claimant by any insurance company of any claim in excess of $2,500 for fire damages on any real property located within the borough pursuant to any fire insurance policy issued or renewed after the adoption of this article until such time as all taxes and assessments and all other municipal liens or charges due and payable appearing on an official certificate of search shall have been paid, either by the owner of such real property or by the insurance company pursuant to the provisions of said statute, or the borough submits to the insurance company a copy of a resolution adopted by the governing body of the borough authorizing the owner to pay said municipal liens in installments pursuant to N.J.S.A. 54:5-19.[1]
[1]
Editor's Note: Former Art. V, Exemption for Commercial and Industrial Improvements, adopted 10-3-1995 by Ord. No. 2740-95, which previously followed this section, was repealed 7-11-2000 by Ord. No. 2939-00.