A. Deposit Amounts Established: The following meter deposits shall be required:
1. For any residence having a three-fourths inch (3/4") service, forty five dollars ($45.00).
2. For any business having a three-fourths inch (3/4") service, forty five dollars ($45.00).
3. For any property, business, or otherwise, having a one inch (1") service, sixty dollars ($60.00).
4. For any property, business, or otherwise, having a one and one-half inch (11/2") service, one hundred dollars ($100.00).
5. For any service exceeding the one and one-half inches (11/2"), a deposit as set by the city council by resolution in each individual case at the next regular meeting of said city council following application for any such service connection, in which case, such meter deposit shall be paid following the setting of said deposit by the city council and prior to connection.
B. Application Of Deposits To Delinquent Accounts: Meter deposits made by water users for water shall be held by the city as security for the payment of water service charges and any other fees lawfully charged by the city in connection with its furnishing water service to the party making the deposit. In the event of the nonpayment of any such charges by the twentieth day of the month following the rendering of a statement therefor, the city may pay such charges from the meter deposit, and the balance thereof, if any, shall be returned to the water user upon request. (Amended Ord. 309-C, 7-21-1997)