RESOLUTION NO. 2008-14
A RESOLUTION of the City Council of the City of Lakewood, Washington, amending the City of Lakewood Fee Schedule by adding a fee for checks returned to the City for non-sufficient funds.
WHEREAS, in connection with the municipal functions and operations of the City of Lakewood, the City accepts checks from members of the public for a number of services for which fees are required; and,
WHEREAS, each time a fee is paid to the City with a check written from an account with non-sufficient funds, City resources are expended to identify and contact the original check drawer to recover payment for previously received service; and
WHEREAS, each time the City receives a returned check from its bank, the bank assesses a processing fee against the City; and,
WHEREAS, in keeping with the philosophy of setting City fees in amounts reflective of actual costs, it is appropriate at this time to implement a NSF fee which includes an amount for staff time in addition to the bank assessment to compensate the City for costs associated with returned checks.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKEWOOD, WASHINGTON HEREBY RESOLVES, as follows:
Section 1. That the Fee Schedule of the City of Lakewood is amended to include NSF fees in the amount of $20.00 plus the amount assessed to the City by its bank for the returned check, and the Fee Schedule is accordingly updated with the inclusion of the fees as set forth on the document attached hereto, marked as Exhibit ?A? and incorporated herein by this reference.
Section 2. That this Resolution shall be in full force and effect upon passage and signatures hereon.
PASSED by the City Council this 21st day of April, 2008.
CITY OF LAKEWOOD
Douglas Richardson, Mayor
Alice M. Bush, MMC, City Clerk
Approved as to Form:
Heidi Ann Wachter, City Attorney
|City?s NSF Check Fee
|Bank Assessed Processing Fee for NSF Check
||Amount to be determined by Bank|
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