Within ninety days of the effective date of this chapter, the Finance Director shall return all deposits received prior to the effective date of this chapter related to residential utilities, held in excess of twelve continuous months, without interest, for those accounts that demonstrate to the Finance Director, by evidence of a good payment history, that collection of said account is of low risk. Moreover, the Finance Director shall continue existing deposit procedures until January 1, 1998 at which time procedures shall be in accordance with Rule 17 of the adopted Napoleon City Rules for Water and Sewer Service.
(Ord. 82-97. Passed 10-20-97.)