[HISTORY: Adopted by the Township of Washington (now Township of Robbinsville) by Ord. No. 95-15 (§ 2-56 of the 2001 Code). Amendments noted where applicable.]
Except as otherwise provided in this chapter, no insurance company shall pay to any claimant any claim in excess of $2,500 for fire damages on any real property located within the Township of Robbinsville, pursuant to any fire insurance policy issued or renewed after the adoption of this chapter and after the filing of this chapter with the State Commissioner of Insurance, until such time as any anticipated demolition costs and 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 by either the owner of the real property or by the insurance company.
The governing body may enter into an agreement with the owner of any fire-damaged property to pay in full all delinquent taxes, assessments or other municipal liens by installments, or for the payment in full of any anticipated costs of demolition by installments, if the governing body is satisfied that the claim for fire damages is to be used to restore or improve the fire-damaged property. A certified copy of any resolution of agreement shall be provided to the insurance company that has insured the property for fire damage.
This chapter shall be effective upon publication and filing with the State Commissioner of Insurance.