§ 1040.03 SECURITY DEPOSITS.
   (a)   The amount charged for a security deposit for electric service to a residence shall be seventy-five dollars ($75.00).
   (b)   The amount charged for a security deposit for water service to a residence shall be sixty dollars ($60.00).
   (c)   Upon proof of ownership of property, such fees may be waived upon the signing of a contract to guarantee payment by the owner thereof.
   (d)   A renter’s deposits may be waived by the signature of the owner to guarantee the payment of utility bills.
   (e)   The Manager shall be and hereby is authorized to take whatever steps may be necessary to carry out the intent and purpose of this section.
(Ord. 81-O-589, passed 12-15-1981; Ord. 02-O-1957, passed 7-16-2002)