§ 50.16  APPLICATION OF DEPOSIT FOLLOWING NONPAYMENT.
   (A)   At any time after an account become delinquent, the Clerk-Treasurer shall first apply the funds collected as a utility deposit towards the satisfaction of the customer's sewer account in accordance with I.C. 36-9-23-28.
   (B)   Pursuant to I.C. 36-1-3, any excess funds that remain on deposit after application pursuant to division (A) above shall then be applied towards the satisfaction of the customer's water, stormwater and sanitation account, which shall include the usage charges, late charges, reasonable attorney's fees, court costs and interest as allowed by law.
   (C)   After the delinquent account has been satisfied, the funds may be applied to any other delinquent water, sewer, stormwater and sanitation accounts with the town, as long as the account holder(s) is named on the additional account. However, if the account is a joint account and both individuals are not named on a subsequent account, then the funds may not be applied to any other account.
   (D)   Once all accounts have been satisfied, the remaining funds will be available for refund to the customer, upon demand. It is the duty of the customer to request the refund in person or in writing to the Clerk-Treasurer.
   (E)   Deposits which remain unclaimed for a period of seven years shall become the property of the town without further notice.
(Ord. 2004-6, passed 12-27-2004; Ord. 2019-1210, passed 12-10-2019)