RESOLUTION TO AUTHORIZE INSTALLMENT PAYMENTS OF PAST DUE TAXES OR INSTALLMENT REDEMPTION OF TAX LIENS FOR CY 2025
WHEREAS, under the provisions of Chapter 5 of Title 54 of the Revised Statutes of New Jersey, the Tax Collector is empowered to schedule a Public Auction of municipal liens for non-payment of taxes or to foreclose redemption of a municipal tax sale certificate; and
WHEREAS, in certain cases, individuals have requested that they be allowed to pay past due taxes or redeem tax sale liens in regular equal monthly installment payments; and
WHEREAS, the Township Attorney is of the opinion that such agreements for installment payments are authorized by the provisions of N.J.S.A. 54:5-65 and N.J.S.A. 54:5-19 and the establishment of a Township policy concerning such agreements is recommended by the Township Attorney and the Tax Collector.
NOW, THEREFORE, BE IT RESOLVED by the Township Council of the Township of Jackson, County of Ocean and State of New Jersey as follows:
Pursuant to the provisions of N.J.S.A. 54:5-19 and N.J.S.A. 54:5-65, there shall be omitted from any scheduled Public Auction or from any scheduled action to foreclose, any or all unpaid taxes or liens on real property upon which regular, equal monthly installment payments are being made pursuant to any agreement authorized by this resolution between the Tax Collector and the owner of the property in question, provided that such agreements shall meet all requirements of N.J.S.A. 54:5-19 and N.J.S.A. 54:5-65 and the provisions of said statutes and this resolution.
The Tax Collector is hereby authorized to enter into such agreements pursuant to N.J.S.A. 54:5-19 and N. J. S. A. 54:5-65 provided that said agreements comply with all the provisions of said statutes and this resolution.
Any such agreements shall require the payment at the time of execution of 25% of the past due taxes plus interest and costs which are due on the property with the balance to be paid in full by regular, equal, monthly installments over a maximum of thirty-six months. No such agreement shall involve past due taxes plus interest in an amount of $5,000.00 as to any parcel of land or as to any individual. In the event an amount over $5,000.00 is involved as to any single parcel of land or as to any individual, an agreement for repayment shall be required to be specifically authorized by resolution of the Township Committee.
That upon the adoption of this resolution, the Township Clerk is authorized and directed to forward a certified copy to the Tax Collector and Township Attorney.
I hereby certify the foregoing to be true copy of a Resolution adopted by the Township Council of the Township of Jackson, Ocean County, New Jersey at their Re-organization meeting held on January 2, 2025.