[HISTORY: Adopted by the Township of Howell
by Ord. No. O-85-26, as amended through Ord. No. O-01-10 (§ 10-2
of the 1974 Code). Subsequent amendments noted where applicable.]
No insurance company shall pay a claimant in
excess of $2,500 for fire damages on any real property located within
the Township of Howell 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 anticipated demolition costs, all taxes and assessments, and
all other municipal liens or charges due and payable, appearing on
the official certificate of search of the Township, have been paid
either by the owner of such real property or by the insurance company
pursuant to N.J.S.A. 17:36-10; or the Township has entered into an
agreement pursuant to N.J.S.A. 54:5-19 or N.J.S.A. 54:5-65 et seq.
or for the payment in full of any anticipated costs of demolition
by installment if the Township Council is satisfied that the claim
for fire damages is to be used to restore or improve the fire-damaged
property.
