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HomeMy WebLinkAbout1995 Ordinance No. 020• • 0 ORDINANCE NO. JIO SERIF.S OF 1995 BY AUTHORITY COUNCIL BILL NO. 20 INTRODUCED BY COUNCIL MEMBER HATHAWAY AN ORDINANCE AMENDING TITLE 4, CHAPTER 4, SECTION 18, OF THE ENGLEWOOD MUNICIPAL CODE ENTITLED SERVICE CHARGE ON RETURNED CHECKS. WHEREAS, the Englewood Municipal Code 1985 has d efined returned check proceosin g charges by a dollar amount of $15 .00 : a nd WHEREAS, the Englewood Municipal Code currently r equires an ordinance each time a change in the dollar amount is required ; and WHEREAS, the proposed amendment to Title 4-4-18 of the Englewood Municipal Code will allow the Director of Financial Service s to periodica ll y r eview and set the processing charge without an ordinance : NOW . TH-E REFORE , BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD , COLORADO , AS FOLLOWS : ~ Char e City Council of the City of Englewood, Colorado h er eby amends Title 4, .Jection 18, of th e Englewood Municipal Code 1985 to read as follows: 4-4-18: SERVICE CHARGE ON RETURNED CHECKS: If a che<·k in payment of any sales or use tax is r eturned unpaid, a processing charge of 61\ee• doll ors :U6.88l .. ill SH-ALL be added to any amount due and owing. ;·:lE PROCESSING CHARGl'. SHALL BE PERIODICP..:.LY REVIEWED AND SE'~ BY THE DIRECTOR OF FINANClAL SERVICES . Introduced, read in full, and passed on first reading on the 15th day of May, 1995. Published as a Bill for r.n Ordinance on the 18th day of May , 1995. Read by title and passed on final reading on the 5th day of June, 1995 . Published by title as Ordinance No . .J2, Series of 1995, on the 8th day of June, 1995. ~~d?ll Loucri shia A. Ellis, City Clerk I, Loucrishia A Ellis, City Cle rk of the City of Englewood , Color ad , hereby certify that the above and focegoing is a tru• co py of the Ccdinance passed on al reading and published by title as Ordinance No <cl'.2, Se:,es of 1995. -1- • • • COUNC!L COMMUNICATION Date Agenda Item Subject May 15 , 1995 Proposed Bill For An 10 iv Ord inance Regarding Serv ice , Cha rqes on Returned Checks Initiated By I Staff Source Dep artment of Financial Se rv ices Frank Gryglewicz, Director COUNCIL GOAL AND PREVIOUS COUNCIL ACTION Th is bill for an ordinance informs the City's sales and use tax licensees of the Finance Directo r's responsib ility for setting the returned check charge . Counci l passed O rdin ance 73 , Series 1991 setting the $15 .00 r~turned check charge . 1 RECOMMENDED ACTION Staff recommends Council approve the attached b ill fo r an ordinance changing the processing charge for returned checks . BACKGROUND , ANALYSIS, AND ALTERNATIVES IDENTIFIED Pre vi ous ly , returned check processing charges were defined by a dollar amount ($1 5.00) in the City Code . Th is required a bill for an ord inance every time a change in the amount was requi red . The changes in this bill for an ord ina nce will all ow the Director of Financial Services to period ically review and set th e returned che ck processi ng charge . FINANCIAL IM PACT None LIST OF ATTACHMENTS Prop osed bill for an ordin an ce