940.01 DEPOSIT REQUIRED.
   As a condition precedent to receiving electric and/or water and sewer service every proposed consumer (nonfreeholder; i.e., renter, vendee, tenant, etc., of real property) shall make an initial deposit for same with the Village prior to the time such service(s) are provided to the intended user thereof as follows:
   (a)   An advance fee of two hundred sixty dollars ($260.00) (two hundred twenty dollars: ($220.00)-electric; sixteen dollars ($16.00)-water; and twenty four dollars ($24.00)-sewer) shall be paid by and collected from residential municipal utility customers whose premises have a primary source of heating other than electricity.
   (b)   An advance fee of four hundred ten dollars ($410.00) (three hundred seventy dollars ($370.00)-electric; sixteen dollars ($16.00)-water; and twenty four dollars ($24.00)-sewer) shall be paid by and collected from residential municipal utility customers whose premises have electricity as the primary source of heating.
   (c)   An advance fee shall be paid by and collected from all commercial and/or small power municipal utility customers in an amount equal to one month1s estimated usage for such service(s) but not less than four hundred forty dollars ($440.00): (four hundred dollars ($400.00)-electric; sixteen dollars ($16.00)-water; twenty four dollars ($24.00)-sewer).
   (d)   All large power and/or industrial municipal utility customers shall be under contract for such service(s) and accordingly, the advance fee to be paid by and collected from same shall be set forth in the agreement with same.
   (e)   All advance fee(s) shall be held by the Village in a separate fund and/or account designated for same, upon which deposit, in keeping with Ohio R.C. 4933.17, interest at the rate of not less than three percent (3%) per annum shall be allowed and paid to the customer, upon termination and/or discontinuance of service, provided it remains on deposit for a period of six consecutive months.
   (f)   The deposit fee may be transferred to different property locations Inside the service area only upon request of the party who made such initial deposit.
   (g)   The deposit fee will not be required of any proposed consumer defined herein if the fee simple owner of record of such property assumes, in writing, liability for the payment of any and all utility charges and has the service turned on in his, her or its name. (Ord. 2013-26. Passed 1-20-14.)