§ 50.20 UTILITY DEPOSITS.
   (A)   Deposit. If the application for utility services is made by the owner or owners of the real estate, and no other person has an interest in the property as tenant, lessee, contract purchaser or otherwise, the owner/applicant shall tender with the application a security deposit in the amount of $100. If the premises are under lease, or if the premises otherwise have a tenant, or if any person other than the owner of record has any right, title, interest or claim in and to use of the premises, the application shall be by both the owner and the person having some claim as tenant, renter, purchaser under contract or person having some other interest in the premises, the application shall be signed both by the owner or owners and the other person having an interest in the premises, and the application shall be accompanied by a security deposit in the amount of $300. If the Clerk of the village shall determine, in his or her absolute discretion, that the deposit herein specified is not sufficient to adequately protect the Water and the Sewer Department, a greater amount than stated above, may be required, based upon the consumer’s estimated bill for a customary billing period.
   (B)   Security for payment; no interest. The deposits made under the provisions of this public works title shall be held by the village as security for the payment of utility services used by the applicant upon the premises to which his application pertains, and may be so applied when any default is made in the payment in the utilities bill in accordance with this public works title. The depositor shall earn no interest. If the applicant is the owner of the property, the deposit may be returned if he or she moves out of town and all previous bills have been paid.
   (C)   Liability for deposit.
      (1)   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 facilities shall be made available to the tenant-occupied premises.
      (2)   In case a portion of the deposit is used as aforesaid, the tenant and/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.
(Prior Code, § 38-2-6) (Ord. 06-382, passed 12-18-2006; Ord. passed 1-3-2012)