[HISTORY: Adopted by the Borough Council of the Borough of
East Stroudsburg as indicated in article histories. Amendments noted
where applicable.]
[1]
Editor's Note: This ordinance provided an effective date
of 7-1-2012.
The Borough shall charge an interest rate of 8% per annum, noncompounded,
on late payments, municipal liens, and judgments as follows:
A.
Invoices. All invoices for services provided and costs incurred by
the Borough which remain due and payable more than 30 days after issuance
of the invoice shall bear an interest rate of 8% per annum, noncompounded,
from the date the invoice was issued. The interest rate shall be applied
to the principal balance from the date the invoice was issued. All
billable services and costs provided by the Borough shall bear this
interest rate; such services shall include, but not be limited to,
invoices for utility (water or sewer) services, Borough Engineer/consulting
engineer review fees, Solicitor review fees, administrative services,
work performed by the Borough on behalf of third parties, and emergency
services.
B.
Borough statutory liens. All Borough liens, regardless of recordation,
shall bear an interest rate of 8% per annum, noncompounded, from the
date the service and/or cost, which forms the basis of the lien, was
provided.
C.
Judgments. All judgments secured by the Borough shall bear an interest
rate of 8% per annum, noncompounded, from the date the service and/or
cost, which forms the basis of the judgment, was provided.
Professional fees and costs which are subject to reimbursement
by customers of the Borough shall be charged as follows:
B.
Consulting engineer rate(s). The rate(s) charged for consulting engineer
services and costs shall be provided in the attached Consulting Engineer's
Rate Schedule as approved by Borough Council. A copy of the Consulting
Engineer's Rate Schedule is attached hereto as Exhibit A and
is incorporated herein as if fully set forth.[1]
[1]
Editor's Note: Exhibit A is on file in the Borough offices.
C.
Costs.
(1)
A Solicitor fee in the amount of 10% of the outstanding amount owed
for utility services provided by the Borough (water or sewer) or solid
waste services shall be added to the cost of liens filed of record.
(2)
Costs incurred by the Borough in providing services, if not identified
elsewhere in the Schedule of Rates, shall be billed at actual costs
plus 10%.
(3)
Administrative fee for repayment agreements for delinquent water/sewer
charges and solid waste fees. A nonrefundable administrative fee of
$200 will be charged to the property owner as part of a repayment
agreement entered into between the Borough and the property owner
for collection of delinquent water/sewer and/or solid waste charges
owed to the Borough, for the purpose of administering the agreement.
Additional administrative fee(s) will be charged to the property owner
in the event the owner breaches the repayment agreement or seeks to
extend its terms.
[Added 10-20-2015 by Ord.
No. 1303, approved 10-20-2015]
(4)
Fees and costs under this section may be changed from time to time
by resolution of East Stroudsburg Borough Council.
[Added 10-20-2015 by Ord.
No. 1303, approved 10-20-2015]
