§ 53-3. Charge for unpaid bank drafts and other negotiable instruments.  


Latest version.
  • Whenever any person shall give or cause to be given to the city, or any department or agency thereof, a negotiable instrument drawn on a bank, savings and loan association, or similar financial institution in purported payment of any obligation due the city, which instrument is dishonored or unpaid because of improper signature or by reason of the drawer having no account or having insufficient funds therein or having stopped payment on the negotiable instrument, and the manager of finance shall have determined that the instrument in all probability will not be honored or paid through normal banking channels within a reasonable period of time, there shall be added to the obligation due the city the charge of thirty dollars ($30.00) to cover the additional cost of collection to the city thereby entailed. Such charge shall be collected in the same manner as prescribed for any other indebtedness due the city, and any receipt theretofore given in reliance upon such instrument shall be null and void, and no other receipt shall be given for the payment of the original indebtedness until the charge has also been paid.

(Code 1950, § 169A.1; Ord. No. 564-88, § 1, 9-6-88; Ord. No. 92-97, § 1, 2-10-97; Ord. No. 736-02, § 1, 9-16-02; Ord. No. 775-07, § 90, 12-26-07)