Loading...
ORD 584 02/11/2003ORDINANCE NUMBER S $ Li RETURNED CHECK POLICY AN ORDINANCE ESTABLISHING A RETURNED CHECK POLICY FOR ALL ITEMS PAYABLE TO THE CITY OF CIBOLO AND REQUIRING A RETURNED CHECK CHARGE OF $25.00 (TWENTY FIVE DOLLARS) FOR EACH TIME A CHECK ISSUED TO THE CITY OF CIBOLO IS RETURNED BY A BANK FOR NON-PAYMENT BECAUSE OF INSUFFICIENT FUNDS OR ANY OTHER REASON. WHEREAS, the City of Cibolo collects monies for payment of legitimate debts and charges as prescribed by City ordinance and State Law; and WHEREAS, the City of Cibolo is determined to establish a policy for the collection of fees for all returned checks; and WHEREAS, the City of Cibolo wishes to minimize the occurrence of receiving returned checks; BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CIBOLO: THE CITY OF CIBOLO SHALL COLLECT A TWENTY-FIVE DOLLAR ($25.00) ADMINISTRATIVE CHARGE FOR EACH TIME A CHECK ISSUED TO THE CITY OF CIBOLO IS RETURNED FOR NON-PAYMENT BY THE BANK. ANY PERSON, ACCOUNT, OR HOUSEHOLD THAT HAS HAD TWO CHECKS RETURNED TO THE CITY OF CIBOLO FOR NON-PAYMENT SHALL LOSE THE PRIVILEGE OF PAYING DEBTS TO THE CITY OF CIBOLO WITH A CHECK AND SHALL BE "CASH ONLY". FOR PURPOSES OF THIS ORDINANCE, "CASH ONLY" SHALL MEAN PAYMENT BY EITHER CURRENCY, CASHIER'S CHECK, MONEY ORDER OR BANK CERTIFIED CHECK. THIS ORDINANCE SHALL TAKE EFFECT UPON PASSAGE, APPROVAL AND PUBLICATION AS PRESCRIBED BY LAW. PASSED AND APPROVED THIS 11 DAY OF FEBRUARY,/ 20003 /44--/ C14ARLESRUPPERT MAYOR a EST: NNE GRIFFIN, CITY SEURETARY