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001 of 2003 - relating to payment procedures – returned checks or drafts – service charge 0 03-1 0 03-2 SALT LAKE CITY ORDINANCE No. 1 of 200'3 (Returned check service charge) AN ORDINANCE AMENDING SECTION 3.16.010, SALT LAKE CITY CODE, RELATING TO PAYMENT PROCEDURES -RETURNED CHECKS OR DRAFTS - SERVICE CHARGE. Be it ordained by the City Council of Salt Lake City, Utah: SECTION 1. That Section 3.16.010, Salt Lake City Code, pertaining to payment procedures, returned checks or drafts, and service charge be, and the same hereby is, amended to read as follows: 3.16.010 Payment Procedures-Returned Checks Or Drafts-Service Charge: All monies owed to the city under contract. license fees, assessments, fines, forfeitures or any other payments due by any party shall be paid to the city in legal tender of the United States of America; provided, however, that the mayor may authorize city agents and employees to accept checks, drafts or bills of exchange in payment, if the tendering party agrees to pay a service charge on such checks, drafts or bills of exchange which are dishonored or returned to the city for any reason whatsoever, which charge shall be equal to the maximum charge allowed by state statute and shall be in addition to remedies available under state law if suit is commenced. The tendering party shall be deemed to have agreed to the foregoing service charge by issuing such check, draft or bill of exchange. However, where convenient and where such checks or drafts are accepted as a matter of course, the city departments are directed to post a sign or other written notice to advise the other party of such charge at the place where the check, draft or bill 1 of exchange is tendered. All city agents or employees receiving payments on behalf of the city are directed and required to receive payments strictly in accordance with this section. SECTION 2. This ordinance shall take effect immediately upon the date of its first publication. Passed by the City Council of Salt Lake City, Utah this 23rd day of January £Q0/1/. 2003. 0--4&kla —ArjoreerzLN,--- CHAIRPERSON TEST: CHIEF DEPUTY CITY CORDER Transmitted to Mayor on 1 /2 4/0 3 Mayor's Action: Y Approved. Vetoed. OR TEST: CHIEF DEPU Y RE ORDER APPROVED AS TO FORM Salt Lake City Attorney's Office Date A S .X0 (SEAL) By_—!� Bill No. 1 of 2003 Published: 2/6/03 • G:\Ordinance 02\Amending 3.16.010 re Returned Checks Service Charge 12-05-02 clean -