(a) All water and sewer customers serviced by the City who would have an aggregate charge for such services in a minimum amount of ten thousand dollars ($10,000) per year are required to deposit with the City Clerk a sum of money, a surety bond or a letter of credit satisfactory to the City, in an amount equal to a six month billing for such water and sewer service. Such deposit, surety bond or letter of credit shall be held by the Clerk to be applied against any water or sewer bill delinquency owed by the depositing user for a six month period. Such surety bond or letter of credit shall be for a two-year period. One year prior to its expiration it shall be renewed for an additional one-year period.
(Ord. 100-9l. Passed 11-5-91.)
(b) The Clerk shall, upon the termination of the utility service contemplated by this section, if the charges for the same are in a current status, refund or return such deposit, surety bond or letter of credit.
(c) If any water or sewer customer serviced by the City does not, within a reasonable time after being requested to do so, provide such deposit, surety bond or letter of credit, the City shall have the right to terminate all water and sewer service to such customer.
(Ord. 139-85. Passed 12-17-85.)