§ 50.02 DEPOSIT OF FUNDS.
   (A)   In addition to any current requirement of a deposit to secure utility service for the city from and after the passage of this section, any commercial or residential user of any of the utility services of the city, who defaults in the payment of one or more utility billings of the city, beyond the date or dates established for cutting off the particular utility service, shall, before the utility service is reconnected and service restored, pay all past due delinquencies, penalties and costs of collection, if any, and deposit with the city, a deposit equal to double the largest billings of the utilities during the immediate service year or part thereof, preceding the date of default.
   (B)   All utility service bills for the utility service from the city shall bear interest at the rate or 10% per annum following the date the utility billing is due and payable.
   (C)   In the event that any customer fails to pay the utility billing when due, such customer shall be liable for all costs and fees of collection which are reasonable and necessary as a result of the default.
(Ord. 111-95, passed 5-16-95)