[HISTORY: Adopted by the Township Council of the Township
of Greenwich 8-17-2015 by Ord.
No. 12-2015. Amendments noted where applicable.]
Whenever a check, electronic transfer or other negotiable instrument
payable to any account of the Township of Greenwich is returned for
insufficient funds, a service charge of $20 per transaction, or the
maximum amount allowed by N.J.S.A. 40:5-18, shall be added to the
account. This is in addition to any fee charged to the Township by
the bank maintaining the Township's account. This service charge
shall be paid and credited before any other payment on the account
is accepted and credited.
A.Â
In the event that any obligee to the Township of Greenwich tenders
a check, electronic payment or other negotiable instrument which fails
to clear upon deposit by the appropriate municipal officer, said person
shall be assessed a returned check charge of $20 or the maximum amount
permitted by N.J.S.A. 40:5-18. This charge shall be added to the account
balance for which the check was initially tendered.
B.Â
In the event the check, electronic payment or other negotiable instrument,
as tendered, was for any application or license, as permitted or required
by municipal ordinance, said license or application shall be revoked
or denied as the case may be until such time as the check is made
good and the returned check charge is paid to the Township.
C.Â
In the event that the returned check charge is not paid to the Township
within 30 days and the party tendering said check to the Township
is the owner of real estate within the municipal confines of the Township
of Greenwich, said returned check charge shall be a lien against said
premises. No notice to the property owner of record shall be required,
in that notice of the returned check as received from the banking
institution shall be deemed sufficient notice for purposes of this
chapter.
D.Â
The Township reserves any and all rights and remedies for the collection
of returned check charges as if same were any other legal obligation
owed to the Township of Greenwich.
Any person or entity who has tendered a check, electronic payment
or other written instrument that was returned for insufficient funds
may be required to thereafter pay in cash, money order or by certified
or cashier's checks.