HomeMy Public PortalAboutr 11-005� �rXxz taxt of 14u'QVr_0 fJ of (gartud, 1a
No. 11 -5 Date of Adoption Jan u a ry 2, 20 11
RESOLUTION 911 -5
FEYLNG RATE OF It TO BE CHARGED
ON DELINQUENT TAXES AND ASSESSMENTS
WHEREAS, N.J.SA. 54:4 -67 permits the Goveming Body of each municipality to fix the rate of
interest to be charged for non- payment of taxes or assessments subject to any abatement or discount for
the late payment of taxes as provided by law; and
II \ VHEREAS, N.I.S.A.54:4 -67 has been amended to permit the fixing of said rate of 3% per annum on
the first SI,500.00 of the delinquency and 13% per annum on any amount in excess of $1,500.00 and
allows an additional penalty of 6% to be collected against a delinquency in excess of $10,000.00 on
properties that fail to pay the delinquency prior to the end of the calendar year;
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Borough of Carteret,
County of Nliddlesex, State of New Jersey as follows:
I) The Tax Collector is hereby authorized and directed to charge 8% per annum on the fust $1,500.00
of taxes becoming delinquent after due date and 13% per annum on any amount of taxes in excess of
51,500.00 becoming delinquent after due date and if a delinquency is in excess of $10,000.00 and
remains in arrears beyond December 31st, and additional penalty of 6% shall be charged against the
delinquency.
2) Effective January 1, 2011, there will be a ten (10) day grace period of quarterly tax payments made
by cash, check or money order.
3) Any payments not made in accordance with paragraph hvo (2) of this resolution shall be charged
interest from the due date as set forth in paragraph one (1) of this resolution.
4) This resolution shall be published in its entirety in mt official newspaper of the Borough of Carteret,
and a certified copy shall be provided to the Tax Collector, Borough Attorney and Borough Auditor.
Adopted this 2 day of January, 2011
and certified as a true copy of the
original on January 3, 2011.
KATHIEEN M. BARNEY, MM
Municipal Clerk
RECORD OF COUNCIL VOTE
COUNCILMAN
YES
NO
NP
A.B.
COUNCILMAN
YES
NO
NV
A.B.
BELLINO
X
KRUM
X
X
X
DIAZ
X
X
X - Indicate Vote AB - Alsent NV - Not Voting
XOR- Indicates Vole to Overrule Veto
Adopted at a meeting of the Manicipal Council
January 2, 2011
/(
CL K
AFFIDAVIT OF PUBLICATION
The following is a true copy of an Ordinance or Resolution of
the Borough of Carteret that has appeared in the Home News
Tribune, a newspaper which is printed in Freehold, New
Jersey and published in Neptune, in said County and State and
of general circulation in said county. One 1 time(s), once in
each issue as follows:
January 6, 2011
Notary Public of New Jersey
LINDA n RIVI A
N017ih1' Pll�l R' ns;;����'- 'JIfRi`Y
Sworn and subscribed Pefore
me this /G day of
Kathleen M. 13arney, MMC
Municipal Clerk