§ 51.48 GUARANTEE DEPOSIT.
   Where such an affidavit has been filed with the City Manager by an lessor and before the water may be turned on in the premises specified in such affidavit, the lessee shall deposit with the City Manager a “guarantee deposit” which shall be continuously held by the city as a guarantee of payment for the protection of the city against any damage to the service pipe, service cock, stop box and water meters. Provided, however, that whenever the customer shall have promptly paid his bills for at least two years and has otherwise established satisfactory credit in the city, the Commission may refund his deposit. No deposit shall be required from customers who have promptly paid their water and sewer bills for the two years preceding the enactment of this chapter.
(Ord. 12.1, passed 11-30-56)