Every residential water user who makes application for the purchase of water from the Village shall accompany said application therefor with a deposit in the sum of one hundred fifty dollars ($150.00) for the purpose of guaranteeing the user's residential account. However, if in the event that the resident has two (2) or more meters the deposit would be one hundred fifty dollars ($150.00) per meter. The deposit for commercial or industrial buildings shall be four hundred dollars ($400.00).
The Village Collector shall deposit said sum in the Water Fund account and a record of said deposit shall, in each and every instance, be kept.
Deposits made in accordance with provisions hereof shall be refundable only upon cancellation and final bill of the water service. It may be used to offset any amount due for final water service. A certification of building inspections must also be done. (Ord. 2017-21, 11-28-2017)