A deposit securing the prompt payment of water bills shall be made by each consumer as follows:
(A) From business and commercial customers, the sum of $150 to secure the payment of the water bills.
(B) From domestic residential consumers, the sum of $100. A consumer moving his or her residence within the city may transfer his or her deposit to his or her new residence by paying any delinquent amount due and a transfer fee of $10. Should the service be currently disconnected for nonpayment of city bills, the city shall apply the deposit to the outstanding balance. In this event, the consumer shall make a new deposit before obtaining water service to the new address.
(C) From apartments, duplexes, or other multi-family dwellings wherein there is more than one household, living unit, or apartment, all utilizing one meter, the deposit shall be equal to the largest estimated monthly water bill, but in no case shall it be less than an amount equal to the minimum charge per billing period times the total number of living units, households, or apartments in the project or complex.
(D) If any water service is ordered terminated for nonpayment of city bills, and it is found that the deposit with the city is not in an amount prescribed by this subchapter, then the service shall remain discontinued until in addition to the requirements of division (C) above, the consumer deposits with the City Secretary an amount equal to the deposit that would be required of a new consumer as of the date of the termination of service, or an amount determined by the City Administrator, to be sufficient to secure the payment of the water bills.
(E) Each consumer who has made a deposit in accordance with the requirement of this subchapter shall not be paid any interest on this deposit.
(Ord. 21-96, passed 12-9-1996; Am. Ord. 5-08, passed 4-14-2008; Am. Ord. 16-09, passed 12-14-2009; Am. Ord. 2-12, passed 3-12-2012)