HomeMy Public PortalAboutr 97:005 FIXING RATE OF INTEREST TO BE CHARGED
ON DELINQUENT TAXES AND ASSESSMENTS
WHEREAS, N.J.S.A. 54:4-67 permits the Governing 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
WI-W~REAS, N.J.S.A 54:4-67 has been amended to permit the fixing of said rate of
8% per annum on the first $1,500.00 of the delinquency and 18% 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 Middlesex, State of New Jersey as follows:
1) The Tax Collector is hereby authorized and directed to charge 8% per annum on
the first $1,500.00 of taxes becoming delinquent after due date and 18% per annum
on any amount of taxes in excess of $1,500.00 becoming delinquent after due date
and if a delinquency is in excess of $10,000.00 and remains in arrem-s beyond
December 31st, and additional penalty of 6% shall be charged against this
delinquency.
2) Effective January 1, 1997, there will be a ten (10) day grace period of quarterly
tax payments made by cash, check or money order.
3) Any payments not made in accordance with paragraph two (2) of this resolution
shall be charged interest from the due date as set forth in paragraph one (1) of this
resolution.
4) This resolution shall be published in its entirety in an official newspaper of the
Borough of Carteret, and a certified copy shall be provided to the Tax Collector,
Borough Attorney and Borough Auditor.
Adopted this 5th day of January, 1997
and certified as a true copy of the original
on January 6, 1997.
KATHLEEN M. BARNEY,
Municipal Clerk
llECOI~I) ()lr COUNCIL VOTE
I--II
_ uPo. T I- 11
[~T~I
X - Judicale Vote AB - Abscnl NV - Not Voling XOR - lmlicotes Vole Io Overrule Veto 8 j
Adopted nl n meeting of II~e Mumc' ~ I Council . / January 5, 1997
Affidavit o{~tion
State of New Jersey }
~o.~ouT. cou.~
Pemonally appeared PAT HENEGHAN
of The ~eme News & Tribune, a newspaper ~d' NJ and published
NEPTUNE, In said County and State, who being duly sworn, deposet~ and salth t~at the
advertisement of which the annexed Is a true copy, has been published in the said newspaper
1 [SNE) times, once in each issue, as follows
Sworn and subscribed b~fore me this
'; ' ~'J~ PL;Bi iF ,3F ~W JERSEY
~,~ ':: /L ~ ~,p4p,~ ~E~ M. 2000 loth day of January, A.D., 1~7
Notary Public 0f Ne~rsey
~R0~G~ 0F CARTERET
~lO,O~O.O0 on properties
~e c~enda? y ....
grace p¢iod of qua~er~y tax
BOROUGH OF CABTERET
61 Cooke Avenue
~ Car~re~, ~ey 07008~~~
by and between: Arcola Sales & Services Corp.
51 Kero Road
Carldstadt, N. J. 07072-2801
and the Boro,,~b of Cart~ret, a municipal corporation, having its
principal office at the Borough Hall , 61 Cooke Avenue, Carteret,
New Jersey, 07008, hereinafter the "BOROUGH".
As per ~ Re~o l~zl$~ ~ ~
~ does hereby agree to perform the following:
AWARD OF BID 29 or 32 ADULT PASSENGER BUS
according to the terms set forth in the bids and specifications.
T~ does hereby agree to pay the ~the sums set
forth in the Contractor's bid.
IN WITNESS WHEREOF, the parties hereto have hereunder set their
hands and seals or caused these presents to be signed by their
proper corporate officers and their corporate seals to be hereto
affixed, the day and year written above.
WITNESSETH BY: ~fe
For the Corporation: BY:~n __
TITLE: _ ~![~ .....
....
~y~e A. Marino Asst, Sec.
BOROUGH OF C~TE~T BY: ~___
~, Mayor
Kathleen ~. Barney ~ ..... ~ /
Municipal Clerk