(A) Required deposits for all customers shall be as follows.
(1) Customers currently on the water system on date of acquisition by the town shall not be required to pay a deposit; however, should that account become delinquent and result in disconnection, the deposit amount currently in effect, and a reconnection fee, in addition to the entire outstanding balance, will be due and payable before reconnection.
(2) Any customer whose service is disconnected two times during a 120-day time frame shall be required to remit an additional deposit of $100.
(3) All new customers shall be required to pay a deposit in the amount of $154, plus a non-refundable connection fee in the amount of $50.
(4) A key deposit of $25 is required for each mailbox.
(5) All customers on a private well shall pay a deposit of $100 for garbage service.
(6) Deposits shall not be waived for letters of credit or co-signers.
(7) A deposit will not be required for public schools, governmental agencies or churches.
(B) A deposit for temporary or seasonal service may be required by the town in such amounts as determined by the Town Council to be sufficient to protect the town against the risk of loss of payment for services.
(C) Upon discontinuance of service, the deposit shall be applied to the payment of the final utility bill, with any negative balance billed to the customer, or a positive balance being refunded to the customer upon request. A transfer of service from one premises to another shall not be deemed discontinuance, but all service charges for such transfer shall apply.
(D) Interest shall not be paid by the town on deposits.
(E) Unclaimed deposits shall be maintained on the town’s records for two years. After any such funds have been unclaimed for two years, notice shall be published in a newspaper of general circulation within the county, stating that funds on account of utility customers of the town, unless claimed within 21 days become the property of the town. Such notice shall be published one time and shall list the names of the customers having funds on deposit.
(Ord. passed 8-26-2014)