[HISTORY: Adopted by the Bloomfield Council 3-19-1979 (Ch. 163,
Art. I, of the 1987 Code); amended in its entirety at time of adoption
of Code (see Ch. 1, General Provisions, Art. I). Subsequent amendments
noted where applicable.]
No insurance company authorized to issue fire insurance policies
in the State of New Jersey shall pay to a claimant any claim in excess
of $2,500 for fire damages on any real property located within the
Township of Bloomfield pursuant to any fire insurance policy issued
or renewed after the adoption of this chapter and the filing of this
chapter with the State Commissioner of Insurance, until such time
as:
A. 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 shall have
been paid either by the owner of such real property or by the insurance
company; or
B. The insurance company receives an official certificate,
on a form approved by the Township Council and certified by the Clerk
stating that there is no demolition required on the property or, alternately,
that the costs of demolition have been paid. If the demolition has
not yet occurred on the date of receipt by the township of a request
for execution of the certificate required by this section, the insured
shall provide on that certificate an estimate of the anticipated cost
of demolition to the township, which shall hold the funds in an interest-bearing
escrow account in a state or federally chartered bank, savings bank
or savings and loan association in this state as a guarantee that
the demolition will be accomplished according to law. Any request,
pursuant to this section for an official certificate of search for
municipal liens shall specify that the search concerns fire-damaged
property; or
C. The Township submits to the insurance company a certified copy of a resolution adopted pursuant to §
233-2 of this chapter. In the event of such a resolution, a certified copy of said resolution shall be sent to the insurance company authorizing the insurance company to make full payment on the claim to the insured.
A. The Township Council of the Township of Bloomfield may by resolution enter into an agreement with the owner of any fire-damaged property situated in the Township of Bloomfield 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 Revised Statutes of New Jersey, if the Township Council is satisfied that the claim for fire damages is to be used to restore or improve the fire-damaged property, or, alternately, if the full estimated cost of demolition has been paid to the municipality or the damaged structure has been demolished in accordance with law.
B. In the
event of such a resolution being adopted, a certified copy of said
resolution shall be sent to the insurance company to make full payment
on the claim to the insured.