(A) Owner occupied rates. Any owner-occupied structure serviced by the town, shall pay a deposit of $15 against the non-payment of bills for service.
(B) Renter occupied rates. Any renter-occupied structure serviced by the town, shall pay a deposit of $75 against the non-payment of bills for service.
(C) Deposit refund.
(1) The Clerk-Treasurer of the town shall be authorized to return the security deposit of any residential utility customer of the town upon the establishment of a good record for making monthly utility payments on the part of such customer as follows: In the case of a homeowner, timely payment when due of all monthly town utility bills for a period of 12 consecutive months and, in the case of a renter of residential property, timely payment when due of all monthly town utility bills for a period of 24 consecutive months. Such customer must make written application to the Clerk-Treasurer in order to be eligible for a refund of his or her utility deposit.
(2) In the case of a resident of the town, whether a homeowner or renter who has established a good record of payment of his or her town utility bills but who has moved his or her residence to another location within the town, the utility deposit requirement may be waived, but only upon application to and approval by the Utility Superintendent.
(3) For any property upon which the utility deposit has been refunded or waived and thereafter utility services are disconnected for delinquent payment, then a new utility deposit and reconnection fee will be required before utility service will be reestablished.
(4) The town may, but shall not be required, to apply the customer’s deposit to payment of water bills or any other charge.
(5) The deposit, where chargeable, shall be applied against the final bill when service has been terminated. Any outstanding credit balance shall be refunded to the customer, and any outstanding debit balance shall be billed to the customer.
(6) Any deposit made by the customer (less any lawful deductions) which has remained unclaimed for seven years after the town has made diligent efforts to locate the person who made such deposit or the heirs of such person, shall be presumed to be abandoned and treated in accordance with the laws of the state.
(1996 Code, § 104.106) (Ord. 502, passed 8-12-1996; Ord. 1997-2, passed 6-9-1997; Ord. 99-5, passed 5-10-1999; Ord. 2017-9, passed 5-3-2017)