In accordance with the dictates of N.J.S.A. 17:36-8, as amended,
the Mayor and Council of the Borough of Wenonah hereby adopts the
required ordinance as set forth in N.J.S.A. 17:36-9 whereby the Borough
of Wenonah hereby prohibits the payment to a claimant by any insurance
company of any claim in excess of $2,500 for fire damages on any real
property located within the Borough of Wenonah pursuant to any fire
insurance policy issued or renewed after the effective date of this
ordinance, unless and until all taxes, assessments or other municipal
liens or charges affecting such property have been paid in full.
A copy of this ordinance shall be filed with the State Commissioner
of Insurance in accordance with the above-enumerated statute.
This ordinance shall take effect immediately upon adoption and
publication in accordance with statute.