Upon the receipt of a certificate and bill pursuant to § 31.47(B), the insuring agent shall return to the designated municipal agent the bill along with an amount from the insurance proceeds necessary to pay the taxes, assessments, penalties, charges and costs as shown on the bill. The designated municipal agent shall receive the amount and apply or credit it to payment of the items shown in the bill.
(Ord. 2010-01, passed 3-23-2010)