[HISTORY: Adopted by the Council of the City of Northfield 11-12-2002 by Ord. No. 11-2002 (Ch. 67A of the 1974 Code). Amendments noted where applicable.]
Any insurance company insuring a structure and/or dwelling within the City of Northfield is hereby prohibited from paying to a claimant any claim in excess of $2,500 for fire damages on any real property located within the municipality, pursuant to any fire insurance policy issued or renewed after the adoption of this chapter, until such time as the anticipated demolition costs, all taxes and assessments and other municipal liens or charges due and payable appearing on the official tax search have been paid either by the owner of the property or by the insurance company.
No insurer insuring fire policies in the City of Northfield shall pay any claim for fire damages in excess of $2,500 on any real property located within the City of Northfield unless or until the insured person submits an official certificate of search for municipal liens pursuant to N.J.S.A. 54:5-12, certifying that all taxes, assessments or other municipal liens or charges levied and assessed and due and payable against said property shall have been paid.
If demolition has not yet occurred from the date of receipt by the City of Northfield of a request for execution of a certificate of search in accordance with N.J.S.A. 54:5-12, the insurance carrier shall provide on the certificate an estimate of the anticipated costs of demolition. The insurer, on notice to the insured, shall pay the anticipated costs of demolition to the municipality, which shall hold the funds in an interest-bearing escrow account at a state or federally chartered bank, savings bank or savings and loan association in this state.
In the event that the City of Northfield must undertake the removal or demolition of any building or structure which is dangerous to human life or the public welfare which constitutes a fire hazard, the City of Northfield, in addition to assessing the costs of such removal or demolition as a municipal lien against the premises, may also enforce the payment of such assessment, together with interest, as a debt of the owner of the real estate, and may authorize by resolution an action at law for the collection of said sum in the Superior Court of New Jersey.