HomeMy WebLinkAbout2021-15ORDINANCE 2021-15
Ordinance Setting the Fee for Negotiable Instruments
Deemed Uncollectable
WHEREAS, the Town Council of the Town of Pulaski, Virginia has studied and .
considered the effects on its citizens and the budget regarding the return of checks and
other negotiable instruments for insufficient funds to the Town; and
WHEREAS, the Town Council has determined that it is justified and consistent with the
public interest and general welfare to set forth penalties regarding the return of checks
and other negotiable instruments deemed uncollectable to the Town;
NOW, THEREFORE be it ORDAINED by the Town Council of the Town of Pulaski,
Virginia sitting in regular session this 15th day of June 2021, that a fee of forty-five
dollars ($45.00) shall be imposed on the maker of any negotiable instrument returned to
the Town by a banking institution as uncollectable.
This ordinance shall be effective July 1, 2021 and is hereby adopted this 15th day of
June 2021 and by the duly recorded vote of the Town Council of the Town of Pulaski,
Virginia as follows:
Lane R. Penn
Brooks R. Dawson
Gregory C. East
David N. Quesenberry
Clerk of Council
-Aye James A. Radcliffe -Aye
-Absent G. Tyler Clontz -Aye
-Aye Michael P. Reis -Aye
THE TOWN OF PULASKI, VIRGINIA
BY:
W. Shannon Collins
Mayor