Resolution No. 01-55 CITY OF TIGARD,OREGON
RESOLUTION NO.01- '—
A RESOLUTION ADJUSTING THE FEE FOR THE COST OF ACCOUNTING AND PROCESSING
OF CHECKS RETURNED BY BANKING INSTITUTIONS TO THE CITY FOR NON-PAYMENT
WHEREAS, the City of Tigard is being charged a fee by the banks for returned checks,and
WHEREAS,the City incurs an administrative cost for processing and collecting on returned checks,and
WHEREAS,the Tigard Municipal Code,Section 3.32 requries that fees and charges be reasonable,recover
costs associated with providing the service,and be approved by resolution.
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 1: The fee for returned checks be adjusted to$20.00 per returned check.
SECTION 2: This resolution is effective immediately upon passage.
PASSED:_ This day of aC{al2 P/1 2001.
4ay. Ci o and
ATTEST:
City Recorder-City of Tigard
i
j
3
RESOLUTION NO.01 S$'
Page 1