The service deposit required for electrical service shall be promptly paid upon demand by all customers of the electrical system. From the deposit shall be deducted all delinquent electrical charges. The service deposit shall be collected by the City Clerk/Treasurer who shall keep the fees in a trust fund for the customers of the electrical system. The fund shall be put out at interest separate and apart from other funds. Interest arising therefrom shall be expended solely for the repair of equipment and property of the city electrical system.
(1973 Code, § 3-1008) (Ord. 965, passed 5-14-2020)