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HomeMy WebLinkAboutResolutions - No. 97-135RESOLUTION NO. 97-135 A RESOLUTION OF THE LODI CITY COUNCIL SETTING FEES FOR CHECKS RETURNED FOR NON -SUFFICIENT FUNDS, ACCOUNT CLOSED AND REFERRED TO MAKER WHEREAS, Section 1719 of the Civil Code provides that damages equal to treble the amount of a insufficient funds check could be enforced under specific circumstances; and WHEREAS, returned checks made payable to the City of Lodi have increased over 100% in a nine (9) year period; and WHEREAS, delinquent customers submitting checks drawn with non -sufficient funds average 51 % of the total checks retumed; and WHEREAS, an analysis of cost incurred by office staff in an attempt to collect exceed $25.00 for each check, and the total cost at over $100.00 if field personnel are necessary to force collection; and WHEREAS, on September 27, 1996, Governor Wilson signed into law AB 2643, effective January 1, 1997, which provides that a check -writer of the dishonored check shall be liable to the "payee" (person named on the check) for a service charge in an amount not to exceed $25.00 for the first check dishonored, and an amount not to exceed $35.00 for each subsequent checks dishonored. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council hereby sets the fee for a check returned for non -sufficient funds, account closed, and referred to maker at $10.00 for the first check dishonored and $25.00 for each subsequent check dishonored. BE IT FURTHER RESOLVED by the Lodi City Council that this Resolution become effective immediately. Dated: September 3, 1997 hereby certify that Resolution No. 97-135 was passed and adopted by the City Council of the City of Lodi in a regular meeting held September 3, 1997, by the following vote: Ayes: Council Members — Land, Mann, Sieglock, Warner and Pennino (Mayor) Noes: Council Members — None Absent: Council Members — None Abstain: Council Members — None ALICE M. RE MCHE City Clerk 97-135