HomeMy WebLinkAboutR-87-30D~shonored checks
RESOLUTION NO.
R-87-30
A RESOLUTION OF THE CITY OF SEBASTIAN, FLORIDA, INCREASING THE
SERVICE FEE FOR A DISHONORED CHECK, DRAFT, OR ORDER FOR THE
PAYMENT OF MONEY; PROVIDING AN EFFECTIVE DATE.
WHEREAS, Section 166.251 (1986), Florida Statutes, authorizes the
City Council to assess a service charge for the collection of a dis-
honored check, draft, or other order for the payment of money, in
addition to all other penalties imposed by law, and
WHEREAS, the City has recently been charged a penalty by a bank
when a check written to the City has lawfully been dishonored by the
bank, and
WHEREAS, the Finance Director has requested the City Council to
increase the fees assessed by the City for such dishonored instruments,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SEBASTIAN, FLORIDA, AS FOLLOWS:
1. A service fee of $10.00 or 5 percent of the face amount of
any such instrument, whichever is greater, up to a maximum of $25.00,
is hereby authorized to be charged for each dishonored check, draft,
or other order for the payment of money made payable to any department,
agency, or official of the City, or to the City as an entity.
2. This service fee is in addition to all other penalties
imposed by law.
3. Proceeds of each service fee shall be retained in the account
of the collector of the fee.
4. This Resolution repeals Resolution R-83-33 and is effective
immediately upon final passage by the City Council.
'" .- Elizabeth R~id ' or
". ___.-'--'Deputy City Clerk
I HEREBY CERTIFY that this Resolution was duly passed by the City
Council of the City of Sebastian, Florida, on the /~h~day of
Deputy City 'Clerk