§ 50.07 DEPOSIT REQUIREMENTS.
   (A)   There is no deposit required for residential property owners. The town does require proof of property ownership (e.g., copy of the sales contract, verification from the attorney handling the closing, etc.).
   (B)   All residential non-owners (renters, care takers, etc.) are required to pay a deposit to the town prior to receiving water/sewer service unless the water/sewer service remains in the property owner’s name. If the account remains in the property owner’s name, the property owner is responsible for all bills for service, reconnections, late fees, etc. for the residence.
   (C)   All commercial customers (restaurants, inns, etc.) are required to pay a deposit to the town based on an estimated four months usage.
   (D)   Application of deposit: All deposits are refundable upon service termination, if the account is paid in full. If monies are owed to the town, such monies will be subtracted from the deposit and the remaining balance will be refunded to the non-owner. If final payment owed exceeds the deposit amount, the customer will be responsible for any balance due. No interest will be paid on the deposit.
(Ord. passed 11-17-2015; Ord. passed 11-21-2017)