(A) Establishment of Credit. Before rendering solid waste services, the city shall require an applicant for service to satisfactorily establish credit, but such establishment of credit shall not relieve the customer from complying with the city’s rules for prompt payment. Credit will be deemed so established if:
(1) The applicant for service furnishes a satisfactory guarantor to secure payment of bills for service requested.
(2) The applicant pays a cash deposit.
(3) The applicant for service furnishes an irrevocable letter of credit from a bank or a surety bond.
Any such deposit received by the city shall be held in a non-interest bearing account. Deposits shall not be refunded until any and all outstanding charges for solid waste services against the account for which it is deposited have been paid in full. The deposits required under this section shall be applied against the final bill prepared for termination of the account. If the deposit exceeds the final bill, and no other outstanding fees or charges exist, then the balance of the deposit shall be refunded. If a customer has a record of timely payment over a continuous thirty-six (36) month period, then the city shall return that deposit.
(B) Amount of Deposit. The amount of initial deposit for each customer shall be set at the prevailing rate established pursuant to resolution.
(C) Deposit Waiver. As established in the Utility Deposit Policy, the applicant may apply for a credit screening to determine if a deposit is required or if the amount of the deposit can be reduced or waived. Actual cost of a credit check fee when provided by a third-party will be imposed upon the applicant.
Third-Party Credit Check Fee: $5.00
(D) Additional Deposit. The city may require a new deposit, where previously waived or returned, or an additional deposit in order to secure payment of current bills provided. The city shall provide the customer with reasonable written notice of not less than thirty (30) days where such request or notice is separate and apart from any bill for service. The total amount of the required solid waste deposit shall not exceed an amount equal to two times the monthly charge for solid waste service.
(Ord. 2010-20, passed 7-15-10; Am. Ord. 2014-27, passed 7-17-14)