No insurance company shall pay any claim in excess of $2,500
for fire damage on any real property located within the Township of
Vernon pursuant to any fire insurance policy issued or renewed after
the adoption of this chapter and after its filing with the State Commissioner
of Insurance, except as follows:
A. The insured individual or entity submits an official certificate
of search for municipal liens pursuant to N.J.S.A. 54:5-12 certifying
that all taxes, assessments or other municipal liens or charges, levied
and assessed and due and payable against said property have been paid;
and
B. The insured person or entity has submitted a certification acknowledged
by a notary public commissioned in the State of New Jersey that all
demolition costs have been paid or that demolition is not required;
or
C. The Township provides the insurer with a certified resolution pursuant
to which the Township has entered into an agreement with the owner
of the 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 for the redemption of any tax sale lien by installment payments
pursuant to N.J.S.A. 54:5-65 et seq., or the payment by installment
of any anticipated costs of demolition.
Any request for an official certificate of search for municipal
liens pursuant to this chapter shall specify that the search concerns
fire-damaged property.
[Amended 12-16-2010 by Ord. No. 10-24]
The Township's claim made in accordance with the provisions
of this chapter shall be paramount to any other claims on the proceeds
of the fire insurance policy, except as provided in N.J.S.A. 17:36-12,
as it may be amended from time to time.
[Amended 12-16-2010 by Ord. No. 10-24]
In the event that an appeal is taken on the amount of any lien
or charge, other than an appeal based upon the assessed valuation
of real property pursuant to N.J.S.A. 54:3-21, the insurance company
shall comply with the procedures set forth in N.J.S.A. 17:36-10 as
it may be amended from time to time.