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ORDINANCE NO ~ ~3
AN ORDINANCE AMENDING SECTION 2-117 OF THE
CODE OF THE CITY OF FORT WORTH TO INCREASE
THE SERVICE CHARGE FROM FIFTEEN DOLLARS TO
TWENTY-FIVE DOLLARS PER CHECK FOR CHECKS
WHICH ARE RETURNED AS NONNEGOTIABLE/
NONCASHABLE TO ANY DEPARTMENT, DIVISION OR
ENTITY OF THE CITY, PROVIDING FOR ENGROSS-
MENT AND ENROLLMENT; AND PROVIDING FOR AN
EFFECTIVE DATE
BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS.
SECTION 1
Section 2-117 of the Code of the City of Fort Worth is amended to read as
follows.
"Sec 2-117 Returned Check Charge
In addition to any other authorized penalty or
interest, there is hereby established a service charge of
twenty-five dollars ($25 00) per check for any checks
returned as nonnegotiable/noncashable to any
department, division or entity of the city
SECTION 2
The City Secretary of the City of Fort Worth is hereby directed to engross
and enroll this ordinance by copying the caption and Section 1 in the minutes
of the City Council and by filing the ordinance in the ordinance records of the
City
SECTION 3
This ordinance shall take effect and be in full force and effect from and
after its passage, and it is so ordained
APPROVED AS TO FO AND LEGALITY
o~F~CIA! ~ECO~Q
City Attorney ~~r~ 5~~~~T~ p~
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44ATER AOMINIS' F .i n,~c or and Cou~;cil C'~-mmunicati~~n
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FINANI
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DATE
REFEREN E NUMBER
**
LOG NAME
PA E
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1
04/28/92 G-9632 13NSF o
~1I~JECT ORDINANCE AMENDING SECTION 2-117 OF THE CITY CODE TO INCREASE THE
SERVICE CHARGE ON CHECKS RETURNED AS NONNEGOTIABLE NONCASHABLE
RECOMMENDATION:
It as recommended that the City Council adopt the attached ordinance amending Section
2-117 of the City Code to increase the service charge from $15.00 to $25.00 per check
for checks which are returned as nonnegotiable/noncashable to any department, division
or entity of the City.
~' D^ISCUSSION:
The State Legislature amended Article 9022, Vernon's Texas Civil Statutes, to allow a
holder of a check returned to the holder, following its dishonor by a payor, to charge
the check's drawer or endorser a reasonable processing fee, not to exceed $25.
This ordinance will amend the City Code to increase the charge on "bad checks" from
$15.00 to $25.00 per check and allow the City to be more fully compensated for the
added staff time required to handle and record such checks. This will increase City
revenue by approximately $57,000, based on an estimate of 22 returned checks per day.
Most of the returned checks are on payments to the Water Department.
FISCAL INFORMATION/CERTIFICATION:
The Director of Fiscal Services certifies that the additional revenue generated by this
ordinance will be credited to the appropriate operating funds.
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~~1G6~t RE~O~ ~
~ECR~TRRY
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Su mitte or City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by to ~~~~QE/~~ ~~
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Charles Boswell 8500 ~U1~~~~
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APR 2~ 1992
Judson Bailiff 8185 rom
For Additional Information ~, ~~
Contact:
Judson Bailiff 8185 , ~ ~
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