(A) New service deposits.
(1) As a condition of establishing new service, after December 31, 2022, the user of property to be served by the town’s water utility shall be required to deposit $75. The deposit, less any outstanding penalties and service fees, shall be refunded to the depositor after a notarized statement from the depositor that as of a certain date the property being served:
(a) Has been conveyed or transferred to another person;
(b) Is no longer occupied or under the control of the depositor; or
(c) No longer uses or is connected with any part of the town’s water utility.
(2) Any such statement must include the name and address of the person to whom the property is conveyed or transferred.
(B) If a depositor, within 60 days after the termination of the depositor’s use, control, or ownership of the property served, fails to pay to the town’s water utility all costs and fees owed, the depositor forfeits the depositor’s deposit and all accrued interest. The forfeited amount shall be applied to the depositor’s outstanding fees. Any excess that remains due after application of the forfeiture may be collected by the town as permitted by applicable Indiana law. A deposit may be used to satisfy all or part of any judgment awarded the municipality. As a condition of maintaining service, any customer whose deposit is applied by the town toward any past due amounts owed, shall, immediately, replenish their deposit.
(Ord. 2022-11, passed 12-19-22)