(a) Every applicant for the use of water and sewer shall make a deposit of fifty dollars ($50.00) with the Utility Clerk guaranteeing the payment of all water and sewer usage. The deposit shall be returned to the applicant when they discontinue the use of water and sewer and the rentals for the consumed services are paid in full. All deposits shall be credited to the Utility Deposit Fund of the Village and such deposits for service shall be at no interest.
(b) For transfer of ownership or tenant, where the previous owner or tenant notified the Municipality that such owner or tenant no longer required service and obtained a final meter reading before vacating the premises of the service location, a fifty dollar ($50.00) water and sewer deposit shall be paid by the new owner or tenant at the time application is made for service. The deposit shall be returned to the applicant when they discontinue the use of water and sewer and the rentals for the consumed services are paid in full. All deposits shall be credited to the Utility Deposit Fund of the Village and such deposits for service shall be at no interest.
(Ord. 39-00. Passed 6-19-00.)