[Amended 7-18-2023 by Ord. No. 2023-15]
The owner of a business, owner of a rental unit or units, and
the owner of a multifamily home of four or fewer units, one of which
is owner occupied, shall annually register a certificate of insurance
with the Borough Clerk, on or before April 1 of each year or within
30 days of obtaining ownership of the property.
There shall be an annual administrative fee in the amount of
$25.
Failure to annually register a certificate of insurance on or
before February 1 of each year, of within 30 days of obtaining ownership
of the property, shall result in a fine of $500 which shall be collected
through a summary proceeding pursuant to the "Penalty Enforcement
Law of 1999," P.L. 1999, c. 274 (N.J.S.A. 2A-58-10 et seq.).