[Adopted 11-10-2022 by Ord. No. 22-19]
As required by N.J.S.A. 40A:10A-2, 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 the certificate of insurance demonstrating compliance with
N.J.S.A. 40A:10A-1 as set forth below.
All business owners and rental unit owners as set forth above
shall comply with the insurance requirements pursuant to N.J.S.A.
40A:10A-1 and provide a certificate of insurance as required by statute
to the office of the Borough Clerk on an annual basis, which office
shall maintain a registry of certificates of insurance filed with
it, and each registration shall be accompanied by payment of $25 as
an administrative fee for such registration.
Any business owner who does not comply with this section shall
be subject to enforcement of the registration provisions of this section,
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.), of a
fine of not less than $500 but no more than $5,000 against an owner
who failed to comply with the provisions of this article.
If any portion of this article is adjudged unconstitutional
or invalid by a court of competent jurisdiction, such judgment shall
not affect or invalidate the remainder of this article, but shall
be confined in its effect to the provision directly involved in the
controversy in which such judgment shall have been rendered.
This article shall take effect after final passage and publication
as required by law.