§ 50.05 UTILITY DEPOSITS.
   (A)   Property owner. A utility deposit of $100 shall be paid to the Clerk by any applicant before any water will be turned on to any premises. The deposit shall be retained by the village until the user discontinues water use from the village at which time the deposit will be returned to the user; provided, however, that, said user shall have a good payment record, making all monthly payments timely.
   (B)   Security for payment; no interest. The deposits made under the provisions of this subchapter shall be held by the village as security for the payment of utility services used by the applicant upon the premises to which his or her application pertains, and may be so applied when any default is made in the payment in the utilities bill in accordance with this subchapter. The depositor shall earn no interest on the deposit.
   (C)   Liability for deposit. The owner of the premises and the tenant thereof shall be jointly and severally liable to pay the required deposit herein established before water and sewer services shall be made available to the tenant-occupied premises. In the case a portion of the deposit is used as aforesaid, the tenant or owner of the premises shall immediately deposit with the Village Clerk an amount sufficient to bring the deposit to the established rate of deposit.
(2007 Code, § 38-2-5)