The Federal Trade Commission (“FTC”) requires every utility, including public water and sewer systems, such as the Tontitown Water and Sewer Department to implement an Identity Theft Prevention Program (“ITPP”). The FTC requirements and regulations are necessary because of § 114 of the Fair and Accurate Credit Transactions Act (“FACTA”). The TRC has set forth the ITPP requirement in 16 C.F.R. § 681.2. Identity theft is defined as a fraud committed or attempted using identifying information of another person without authority. The City of Tontitown adopts the program set forth in this chapter to comply with FTC rules and regulations. In drafting its ITPP, the city has considered: (1) the methods it provides to open its accounts; (2) the methods it provides to access its accounts; and (3) its previous experiences with identity theft. Based on these considerations, the City Council hereby determines that the City Water and Sewer Department is a low to moderate risk entity, and as a result develops and implements the streamlined ITPP set forth hereto. Further, the city determines that the only covered accounts offered by the city are those under its water and sewer utilities.
(Ord. 2008-12-327, passed 12-2-08; Am. Ord. 2013-05-423, passed 5-7-13)