(A) A water guarantee deposit of $60 shall be charged for the following:
(1) New property owners who have not had water service established with the city.
(2) All tenant/renters whether water service has been established or not.
(B) Deposit shall be waived under the following condition: A letter of credit from previous water utility services.
(C) The water guarantee deposit is a non-interest bearing deposit. Property owners' deposits shall be refunded after one year if all bills are paid by the due date. Tenants/renters/land contractors' deposits shall be held/applied to the final billing. No final bill refunds of less than $1 shall be refunded.
(Ord. 62-90, passed 9-10-90; Am. Ord. 15-99, passed 2-22-99; Am. Ord. 16-02, passed 3-11-02; Am. Ord. 13-04, passed 2-23-04)