(a) All new customers applying for water and sewer service will make a security deposit with the Fiscal Officer prior to receiving water and sewer service. This deposit will amount to seventy-five dollars ($75.00) for owner occupied property and one hundred fifty dollars ($150.00) for all other property. The deposit will be held in the Guaranty Deposit Account and will be applied to the customer’s bill if the bill becomes delinquent and uncollectible or applied to customer’s final bill when water and wastewater services are no longer desired.
(b) Upon closing of the account and payment of the final water and sewer bill, any of the security deposit remaining in the Guaranty Deposit Account shall be returned to the customer or the customer’s heirs, successors or assigns.
(c) The deposit may not be transferred in the customer’s account if the customer moves to another address in the Village. A new deposit will be required prior to service being granted at the new address. (Ord. 20-016. Passed 10-19-20.)