(A) Any residential customer who has maintained good credit with the Utility Department shall receive a credit towards their utility account in an amount equal to the utility deposit that the customer has on deposit with the city; provided, that any customer who subsequently loses their good credit status shall be required to post a new utility deposit as provided for in this subchapter.
(B) Any commercial customer who has maintained good credit with the Utility Department shall receive a credit towards their utility account in an amount equal to the utility deposit that the customer has on deposit with the city, or in those cases where the commercial customer has posted an irrevocable letter of credit, then the city will allow the commercial customer to withdraw their irrevocable letter of credit, provided that any customer who subsequently loses good credit status shall be required to post a new utility deposit as provided for in this subchapter.
(C) Good credit as used this section shall mean that a residential customer has no payment which is unpaid for more than ten days from its due date in the most recent 12-month period, has given no bad checks to the city and has no disconnections in the most recent 12-month period, and that a commercial customer has no payment which is unpaid for more than ten days from its due date in the most recent 24-month period, has given no bad checks to the city and has no disconnection in the most recent 24-month period.
(Ord. 98-30, passed 7-20-98)