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HomeMy WebLinkAboutOrd 4896 10/07/1997 ORDINANCE NO. 4896 AN ORDINANCE AMENDING CHAPTER 8 OF THE VILLAGE CODE OF MOUNT PROSPECT Passed and approved by the President and Board of Trustees the 7th day of October , 1997 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 7th day of October ,1997. H/LM/caf 9/16/97 ORDINANCE NO. 4896 AN ORDINANCE AMENDING CHAPTER 8 OF THE VILLAGE CODE OF MOUNT PROSPECT WHEREAS, the return of checks made payable to the Village for garbage collection fees and municipal water and sewer charges, are returned unpaid due to there being insufficient funds in the account upon which they are drawn ("NSF Checks") have a significant negative effect on Village finances; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect find that the establishment of a penalty for the return of NSF Checks is in the best interest of the Village. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That Article V entitled "Other Regulations" of Chapter 8 (Village Government Miscellaneous Provisions), as amended, is hereby further amended by adding a new Section, Section 8.516 entitled "Penalty For NSF Checks"; so that hereafter said Section 8.516 shall be and read as follows: " Sec. 8.516, Penalty For NSF Checks. If a check is returned to the Village due to insufficient funds (NSF) of a checking account, the person to whose Village account was to be credited shall pay a penalty fee of twenty dollars ($20.00)." SECTION TVVO: That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYES: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks NAYS: None ABSENT: None Passed and approved this 7th day of October , i997. ATTEST: Carol A. Fields Village Clerk