WEST AMWELL TOWNSHIP

Public Notice

DESIGNATING TAX COLLECTION DATES, INTEREST RATES AND SETTING

FEES

RESOLUTION #13-2007

 

BE IT RESOLVED by the Mayor and Township Committee of the Township of West Amwell as follows:

1.     Real estate taxes shall be collected quarterly on February 1, May 1, August 1 and November 1, 2007

2.     Interest shall be charged and calculated at the rate of 8% per annum on the first $1,500.00 of the delinquency, and 18% per annum on any amount in excess of the first $1500.00.  These amounts are to be calculated from the date the tax was payable until the date the actual payment was received in the tax office.

3.     There shall be a ten (10) day grace period, after which unpaid taxes will be charged interest from the due date.

4.     Redemption fees for Tax Sale Certificates to the Municipality and Lien holders will be calculated as follows:

     2% on Certificates $100.00 to $4,999.00

      4% on Certificates $5,000.00 to $9,999.00.

      6% on Certificates over $10,000.00

5.     Redemption amounts shall be obtained from the Tax Collector.

     A $25.00 fee will be charged for each additional request for a

                         redemption calculation.

6.     Duplicate tax sale certificates will be issued for a fee of $100.00

      each.

                          (Certificate owners must supply proof of loss or statement.)

7.     Certificates of redemption can be issued for a fee of $100.00 each.

(Certificate owners must supply proof of payment of tax sale certificates.)

8.  Tax Notices will have a fee of $25.00 per mailing in lieu of

      publication.

9.  Returned or insufficient checks will be charged a fee of $20.00

     each.

                    10. A duplicate bill fee of $5.00 shall be charged upon request,

                          excluding the property owners.

 

The Township Clerk is hereby directed to publish a copy of this resolution.

 

 

ADOPTED:  January 1, 2007

Attest:  Lora L. Olsen, RMC

            Township Clerk