[1982 Code § 2-12.1]
N.J.S.A. 40A:5-17 mandates that a Governing Body shall approve or disapprove all claims, and shall, by ordinance, prescribe the manner in which the claims shall be approved or disapproved; and there is a need to adopt an ordinance in the Borough establishing the method of approval of claims.
[1982 Code § 2-12.2]
The method of the payment of claims in the Borough shall be as follows:
a. 
All claims shall be presented to the Chief Financial Officer on duly signed vouchers of the Borough of Victory Gardens.
b. 
All vouchers shall be approved by the Chairman of the respective committee and the Chairman of the Finance Committee of the Borough.
c. 
Duly signed vouchers will then be presented to the entire Borough Council for approval or rejection.
d. 
Upon approval of all claims at a public meeting of the Borough, payment of all claims shall be by check, after being signed by the Mayor and countersigned by the Chief Financial Officer.
[1982 Code § 2-14.1]
P.L. 1978, C.184, concerning payment of tax liens on fire damaged properties in certain instances, was approved on January 8, 1979; and the above-mentioned act authorized municipalities to prohibit by ordinance the payment of claims in excess of $2,500 on any fire insurance policy issued or renewed after adoption and filing of such an ordinance until all municipal liens and charges have been paid and further subjects such policies to various provisions of the act; and it is in the best interest of the Borough of Victory Gardens to adopt such an ordinance.
[1982 Code § 2-14.2]
Except as provided in subsection 2-52.3, no insurance company shall pay to a claimant any claim in excess in the aggregate of $2,500 for fire damages on any real property located within the Borough pursuant to any fire insurance policy issued or renewed after the adoption and filing of this section with the State Commissioner of Insurance, until such time as all taxes and assessments and all other municipal liens or charges due and payable appearing on the official certificate of search shall have been paid either by the owner of such real property or by the insurance company from the proceeds of the insurance policy.
[1982 Code § 2-14.3]
The prohibition as contained in subsection 2-52.2 shall be inapplicable in the situation where the Borough enters into an agreement with the owner of the property in question to require payment of all delinquent taxes, assessments and other municipal liens by installments if the Borough is satisfied that the claim for fire damages is to be used to restore or improve the fire damaged property.
[1982 Code § 2-14.4]
No change in this section shall take effect until it is filed with the Commissioner of Insurance.