§ 198-6. Agreement with owner to pay liens in installments.

The Township Committee of the Township of Jackson may enter into an agreement with the owner of any fire-damaged property authorizing such owner to pay in full all delinquent taxes, assessments or other municipal liens by installments pursuant to N.J.S.A. 54:5-19, or for the redemption of the tax sale lien by installment payments pursuant to Article 7 of Chapter 5 of Title 54 of the New Jersey Revised Statutes, if the Township Committee is satisfied that the claim for fire damages is to be used to restore and improve the fire-damaged property. An insurance company receiving a certified copy of a resolution of agreement from the Township Committee of the Township of Jackson is authorized to make full payment on the claim to the insured person.