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HomeMy WebLinkAboutORDINANCE - 2178 - 8/13/1991 - DELAYED PAYMENT CHARGE/RETURNED CHECKSORDINANCE NO. 2178 AN ORDINANCE AMENDING SECTION 22A.702, DELAYED PAYMENT CHARGE/RETURNED CHECKS OF THE MUNICIPAL CODE OF THE VILLAGE OF ELK GROVE VILLAGE WHEREAS, the Village of Elk Grove Village, experiences certain difficulties with respect to the return of customers' checks from banks due to insufficient funds; and WHEREAS, the Village incurs certain costs in the handling and processing of these returned (NSF) checks. NOW, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois, as follows: Section 1: That Section 22A.702, Delayed Payment Charge/Returned Checks, paragraph 2, be and the same is hereby amended to read as follows: If any check deposited with the Village for payment of the water and/or sewer bill is returned unpaid from the bank on which it is drawn, an additional fee shall be charged equal to the current fee assessed for returned checks by the Village's depository bank. This fee shall change in accordance with future returned check fees charged by the bank. Section 2: That the Village Clerk is hereby authorized to publish this Ordinance in pamphlet form. Section 3: That this Ordinance shall be in full force and effect from and after its passage, approval and publication according to law. VOTE: AYES: 4 NAYS: D ABSENT: 2 PASSED this 13th day of August 1991. APPROVED this 13th day of August 1991. Charles J. Zettek Village President ATTEST: Patricia S. Smith Village Clerk PUBLISHED this 15th day of August , 1991, in Pamphlet Form. July c9, 1991 TO: FROM: SUBJECT: Georgge C. Coney, Direc1;or of Finane-e ------ Hi Ida 1ngebrigt�;en,. s t nc �ai�it it a Fi'.-:ai'_r, j Returned Checks - WatL-/gewer Customer 2�r--o,; Water/Sewer customers are currently charged a fee of $1r? . __. check is returned to tha Vi 11 age unpaid due to insurri._:en: funds. Dur i.ng the past year, an average Z�F foul'teen=_s�-rrrei checFs wer= returned each month. The fee curre•'rtly charged by the bav)k for a eturred ::ht, t $20. This amount is subject to increase wharev-i rc; 1D arF structure is revised. During the past erght years, the bane ha, lnc-­;card th=i.- fa twice. The Village has not increased our et:irned =hecn:i since 1 83 - when it was increased from $5 to `HCl. 1 recommend Village Board consideration and app. -oval of the at`.ached ordinance winch p•:-ovides fcr the )j!lageF,r returned checks to be c=onsistent with these teas charged b, .... bank. Theref,,re, the Vi 1 tage' = c,r -e•it " e of 510 w.)11d De $20 upon Village 13oard apo -oval of the attached ,. :±i ^arn:= c: Elaine Ti i.rske, Utili':/ S1,11'rig Super'✓J-,,.r-