(A) The purpose of this subchapter is to ensure that the city is in compliance with 16 C.F.R. § 681.2 in order to detect, prevent and mitigate identity theft by identifying and detecting identity theft red flags and by responding to the red flags in a manner which will prevent or mitigate identity theft.
(Prior Code, § 17.04.020)
(B) The program is intended to develop a plan to identify red flags which will alert employees of the city when new or existing accounts are opened using false information, and to:
(1) Protect against the establishment of false accounts;
(2) Establish methods to ensure that existing accounts were not opened using false information; and
(3) Adopt measures to respond to such events.
(C) (1) The city provides water, sewage, wastewater and sanitation services for which payment is made after the product is consumed or the service has otherwise been provided, and therefore, the accounts for such services, being utility accounts, are “covered accounts” pursuant to certain federal regulations. Said federal regulations, adopted as 16 C.F.R. § 681.2, require “creditors,” as defined by 15 U.S.C. § 1681a(r)(5), to adopt red flag policies to prevent and mitigate identity theft with respect to certain covered accounts.
(2) Thus, the city has developed this program to comply with 16 C.F.R. § 681.2 in order to detect, prevent and mitigate identity theft by identifying and detecting identity theft red flags and by responding to such red flags in a manner which will prevent or mitigate identity theft.
(Ord. 2009-10, passed 6-1-2009)