(A) The city shall assess a twenty-five dollar ($25.00) "Returned Check Fee" against and payable by the maker of any check or similar financial instruments which is returned "unpaid" to the city by reason of "insufficient funds," "closed accounts," or for any other reason for which such check is not fully honored and negotiated by the financial institution upon which it was written.
(B) In addition to the fee established in division (A) of this section, the city shall assess a fee, payable by the maker of any returned check, equal to the amount of any fee or penalty which is actually charged to the city by any financial institution resulting from the negotiation, processing or handling of a "returned check."
(C) All fees established by divisions (A) and (B) of this section are payable to the city in addition to the initial amount due the city along with any interest, fees or charges as may otherwise be assessed by the city.
(D) The city account upon which a "returned check" was issued shall be considered unpaid until such time as all fees established by divisions (A) and (B) of this section, the initial amount due and any interest, fees or charges as may otherwise be assessed by the city are paid in full.
(E) In the event that two (2) checks, issued to the city by an individual maker, are returned unpaid to the city within a twelve (12) month period, the name of maker of such checks shall be placed on a "bad check list" which shall be maintained in the office of the City Clerk twelve (12) months next following the date of the last returned check.
(Ord. 2015-008, passed 9-14-15)