A. Requirement: Utility customers may be required to pay to the city a utility deposit in an amount equal to two (2) months' actual or estimated service charges. The decision to impose such requirement shall be based primarily on whether the utility customer has ever had a utility account in good standing with the city.
B. Refund: Utility deposits shall be refunded to customers following twelve (12) months of prompt (no cutoff notices issued) utility payments to the city, upon the request of the customer. The method of refund shall be a credit issued against the customer's utility account and accompanied by a written notice of such action to the customer. Customers who discontinue service prior to the twelve (12) month period shall have their deposits credited against their outstanding account balance with any remaining amount refunded directly to the customer.
C. Retroactive Requirement: Utility customers who have their utility service terminated pursuant to subsection 8-1-7B of this chapter may be required to immediately pay a deposit in the manner and amount as established in subsection A of this section. (Ord. 2002-23, 9-17-2002, eff. 10-1-2002)