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HomeMy WebLinkAbout~Master - Service charge for returned checks RESOLUTION NO. 05-039 A RESOLUTION ADOPTING A SERVICE CHARGE FOR RETURNED CHECKS ON PAYMENTS MADE TO THE CITY OF AMES, IOWA BE IT RESOLVED by the City Council for the City of Ames, Iowa, that the following service charge shall be assessed to any customer whose payment is returned unpaid by the financial institution on which it was drawn. The service charge shall be in addition to any late fees that may be assessed due to the age of the bill. The City may require the customer to make any future payments with cash,cashier's check,or money order if two or more payments are dishonored by the customer's financial institution within a year. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that a service charge shall be adopted as follows: SECTION ONE. The following Fee is hereby adopted effective immediately upon adoption: Returned Payment Service Charge for City of Ames $20.00 SECTION TWO. This resolution supercedes Resolution No. 04-241 adopted June 8, 2004 pertaining to service charges on returned checks on parking citation payments. Adopted this day of F6 K .2005. Diane R. Voss, City Clerk Ted Tedesco, Mayor Fees-Service Charge on all Returned Checks Received by City,012805.wpd