At the time of application for water, sewer or garbage collection service, or of application for restoration of terminated water, sewer or garbage collection service, the owner or occupant of any lot, property, building or residence requesting such service shall deposit with the city clerk the sum of one hundred dollars ($100.00) or such amount as may be adopted in the future from time to time by resolution of the mayor and council, for each service connection to such lot, property, building or residence in order to guaranty the payment of monthly water, sewer or garbage collection charges. All deposits shall be held in a fund known as the utility service deposit fund and shall be retained in said fund until all water, sewer and garbage collection services have been terminated or until the owner or occupant shall have discontinued the ownership or occupancy of such lot, property, building or residence. At such time, said deposit shall be repaid to the person or entity who originally paid said deposit to the city clerk, and water, sewer and garbage collection services for such lot, property, building or residence shall be terminated unless a new deposit has been paid by the new owner or occupant and all other ordinances of the city relative to the receipt of water, sewer and garbage collection services have been complied with. The deposits paid under this section shall not bear interest payable to the depositor while being held in the utility service deposit fund, and shall be subject to disbursement in accordance with the procedures set forth hereinabove in the event of the owner's or occupant's failure to pay in a timely fashion the monthly utility charges. Notwithstanding the foregoing, if a customer or "occupant" or "owner" as defined in section 13.04.100 of this chapter has in the past been delinquent, subject to a turnoff order or has a history of not paying the utility bills due the city in a timely manner, the clerk or the clerk's designee shall collect a deposit of three (3) times the estimated minimum monthly utility bill. (Ord. 703, 2011)