A. Deposit Requirements:
1. If, after a review of its records, the Village determines that a new applicant has failed to pay for past Village water and sewer service furnished to the new applicant at any location, the Village may refuse to provide water and sewer service to the applicant until the applicant pays the past due bill and agrees to provide a deposit to the Village pursuant to subsection B of this section.
2. If the Village is unable to establish satisfactory credit for an applicant, the Village may refuse to provide water and sewer service to the applicant until the applicant agrees to provide a deposit to the Village pursuant to subsection B of this section.
3. If, after review of its payment records, it is noted that a customer, during any consecutive twenty four (24) months fails to timely pay any two (2) bills for Village water and sewer service, the Village may require such customer to pay a deposit to the Village pursuant to subsection B of this section.
B. Deposits:
1. Deposits required pursuant to this chapter shall be approximately the average charge for two (2) months of the Village's provision of water and sewer service to the new applicant or customer being required to make the deposit. The following deposits are required:
Commercial or industrial customers | $250.00 |
Multi-family customers | 30.00 |
Senior citizen customers | 15.00 |
Residential customers | 50.00 |
2. Deposits must be paid within thirty (30) days of the Village's issuance of a request for the deposit. Such a request shall specify the amount of the deposit, reason for the request, method and place for payment of the deposit, deadline for payment of the deposit and consequences for nonpayment of the deposit. A request for a deposit shall be considered issued by the Village when mailed personally or delivered to the new applicant or customer being required to make the deposit. A request for a deposit shall be dated with the date it is issued.
C. Deposit Adjustments: The Village may adjust the amount of a deposit any time when the character and/or degree of use of the Village's water and sewer service by the new applicant or customer being required to make the deposit changes or when it is clearly established that such use will materially change in the immediate future. The Village may make such an adjustment on its own accord or upon the request of the new applicant or customer being required to make a deposit.
D. Deposit Refund: A deposit shall be refunded after the new applicant or customer making the deposit has timely paid its Village bills for water and sewer service for a consecutive twelve (12) month period. No deposit shall be refunded until all amounts owed to the Village for water and sewer service by the customer or new applicant making the deposit have been paid.
E. Use Of Deposit On Disconnection: A deposit may be used to offset any amount due from a customer for Village water and sewer service upon discontinuance of that service. (Ord. O-56-01, 12-17-2001)