Township of Mullica, NJ
Atlantic County
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Table of Contents
Table of Contents
[HISTORY: Adopted by the Township Committee of the Township of Mullica 12-14-1999 by Ord. No. 22-99. Amendments noted where applicable.]
Editor's Note: Ord. No. 8-87 provided as follows: "Mullica Township does hereby appoint the Bureau of Fire Safety in the Department of Community Affairs as the agency responsible to enforce the Uniform Fire Code as set forth in N.J.A.C. 5:18-2.1."
The above recitals are incorporated into this section of the chapter as if fully set forth at length herein.[1]
Editor's Note: The recitals contained in Ord. No. 22-99 are on file in the office of the Township Clerk.
No insurance company may pay to any claimant any claim in excess of $2,500 for damages on any real property located within the Township of Mullica, pursuant to any fire insurance policy issued or renewed after the adoption of this chapter and the filing of the same with the State Commissioner of Insurance, until such time as any anticipated demolition costs and all taxes, assessments and all other municipal liens or charges due and payable regarding said have been paid either by the owners of such real property or by the insurance company pursuant to the provisions of this chapter and N.J.S.A. 17:36-8 et seq.
This chapter further authorizes the Township Clerk to forward a copy of this chapter to the State Commissioner of Insurance so that the same may be kept on file and published as set forth in statute by said State Commissioner of Insurance and further, no amendment may be made to this chapter without filing a copy of such amendment with said State Commissioner of Insurance.
If demolition has not yet occurred on the date of receipt by the Township of the request of the execution of a certificate as set forth above, it shall be the responsibility of the insured to provide an estimate of the anticipated cost of demolition. Thereafter, the insurer, upon giving 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 in a state or federally chartered bank, savings bank or savings loan association in this state.
Said funds may be used to pay for any and all costs of demolition, whether the same be incurred by the municipality or otherwise, unless a certification is given to the municipality, along with proof of payment, that all such demolition charges have been paid by the insurer or the insured.
A municipal claim made in accordance with the provisions of this chapter shall be paramount to any other claims on the proceeds of the fire insurance policy, except the claim of the holder of a purchase money mortgage held as a first mortgage or an institutional lender which is a holder of a mortgage on the fire damaged property, and the fire insurance policy at the time of the loss listed the mortgagee as the holder of an insurable interest, in which event the claim of the mortgagee to the proceeds shall be paramount to the municipal lien under this act only to the extent of the amount due and payable to the mortgagee under the mortgage contract. As used in this section, "institutional lender" means any state or federally chartered bank, savings bank, savings and loan association or insurance company.