937.02 DEPOSIT CHARGES.
   (a)   Electrical customer deposit charges are hereby established for all rental consumers of the municipal electric utility as follows:
 
Residential/Retail Business Rental
$ 140.00
Deposit
Commercial - Rental
280.00
Deposit
Reconnect or turn on charge
25.00
 
 
(Ord. 3-03. Passed 2-18-03.)
 
   (b)   Such sums shall be deposited with the Clerk of the Utility Department and shall be collected by such Clerk and deposited in the Electric Deposit Fund.
 
   (c)   All rental consumers who previously paid a higher deposit, will be entitled to a refund for the difference between the old required deposit and the one established by this section, upon a receipt or proof of Deposit Payment. All owner-occupied both residential and commercial, will be entitled to their refund of deposit upon presentation of proof of deposit. All refunds shall be processed, and shall be paid by check through the Clerk-Treasurer.
(Ord. 13-88. Passed 3-21-88.)