(A) Subsequent to the effective date of this subchapter, all new water and sewer service accounts shall require the payment of a security deposit of $100 to the village. Said security deposit shall be held by the village until such time as the account is terminated, and shall be returned within 45 days following the termination of said account on the condition that said account is current and paid in full (including the payment and satisfaction of all fees, costs, penalties, attorney’s fees or other authorized expenses set forth herein). In the event that said account contains a balance due, the village is hereby authorized to apply any portion or all of said security deposit towards any outstanding balance. Said security deposit shall not act as a limitation upon any sums which may be due and owing, and all accounts shall remain subject to all penalties, fees, costs or other expenses authorized herein. The village shall not be responsible for the payment of any interest on said security deposit.
(B) Current water accounts within the village may be transferred by a resident of the village when a resident moves to an existing or new residence within the village. If a resident has an established water and sewer account within the village at the time of the move, that resident will not be considered a new account for water of sewer services. If the resident has previously paid the $100 deposit to the village, it will transfer to the new residence. Any account which has been previously terminated by the village or by the consumer will be considered a new account for any subsequent reconnection. This division (B) does not apply to those residents of the village who own more than one parcel of property.
(Ord. 2000-4, passed 5-15-2000; Ord. 2001-11, passed 10-15-2001)