[HISTORY: Adopted by the Mayor and Council of the Town of
Secaucus: Article I, 2-26-80 as Ord. No. 80-11. Amendments noted where applicable.]
[Adopted 2-26-80 as Ord. No. 80-11]
A.
No insurance company authorized to issue fire insurance policies
in the State of New Jersey shall pay any claims in excess of $2,500
on any real property located in the town unless:
(1)
The town issues to the insured an official certificate of search
for municipal liens pursuant to N.J.R.S. 54:5-12 certifying that all
taxes, assessments and other municipal liens and charges levied and
assessed and due and payable against the property covered by such
insurance policy have been paid, and which certificate is submitted
to the insurance company by the insured; or
(2)
The town submits to the insurance company a certified copy of a resolution duly adopted by the Mayor and Council approving an agreement between the town and the owner of the insured property in which said owner agrees to pay in full all delinquent taxes, assessments and other municipal liens by installments pursuant to N.J.R.S. 54:5-19 or for the redemption of the tax sale lien by installment payments pursuant to Article 7 of Chapter 5 of Title 54 of the New Jersey Revised Statutes (N.J.R.S. 54:5-65 to N.J.R.S. 54:5-76). No such resolution approving such agreement shall be adopted unless said owner shall agree, in writing, to use the proceeds from the policy to restore or improve the fire-damaged property.
B.
Upon receiving a certified copy of the aforesaid resolution, the
insurance company is authorized to make full payment of the claim
to the insured person.
C.
The official certificate of search required by Subsection A(1) above may, from time to time, be amended by the authorized official of the town in order to correct any errors or omissions or to add any municipal liens or related charges due and payable subsequent to the preparation of the original office certificate.
If the insurance company does not receive an official certificate of search showing that all taxes, assessments and other municipal liens and charges have been fully paid or a certified copy of the resolution mentioned in § 81-1A(2) of this Article, then the insurance company is hereby authorized and required, prior to payment of any claims for fire damages which are in excess of $2,500 to the owner of property in this town, to pay to the town the amount of the liens appearing on said official certificate and such other recorded liens and related charges as may be certified to the insurance company.
All fire insurance policies covering real property to the town
shall be subject to the provisions of this Article as though fully
set forth in each policy of fire insurance.
A.
The Director of Public Safety shall cause a written report to be
issued and filed with the Tax Collector as to each fire occurring
in the town containing the following information:
B.
Said report shall be filed with the Tax Collector immediately after
each fire no matter how much the amount of the damage caused by the
fire. Upon receipt of the report of the Director of Public Safety,
the Tax Collector shall cause to be made an official search of all
taxes, assessments and other municipal liens and charges and shall
issue an official certificate of all such liens or charges which are
due and payable. Said collector shall then submit said certificate
to the insurance company involved. In the event that the Director
of Public Safety shall not be able to ascertain the name and address
of the fire insurance company, it shall be the duty of the Tax Collector
to ascertain such information.
C.
The Tax Collector shall install a clerical system for the issuance
of supplemental certificates and the submission of the same to the
insurance company, setting forth on such supplemental certificates
any additional taxes or other municipal charges which have become
due and payable subsequent to the issuance of the original certificate.
Supplemental certificates shall be issued immediately as each new
charge becomes due and payable.
The Town Clerk is hereby directed to file a certified copy of
this Article with the New Jersey Commissioner of Insurance immediately
upon adoption.