929.14 TERMS OF PAYMENT.
   (a)   The rates set forth in Sections 929.02, 929.03 and 929.04 are net rates and apply only in the event the bill is paid within ten days of the date of the bill as to residential consumers and fifteen days as to commercial consumers. If not paid within those time periods, gross rates, which are the net rates plus ten percent penalty shall be applicable.
   (b)   Should a bill remain unpaid for a period of twenty days from the date of the bill, water service to the premises shall thereupon be suspended. Service shall only be resumed upon full payment of charges plus a shutoff fee of thirty dollars ($30.00) for termination of water and sewer service. Only one shutoff fee shall be charged per month per water or sewer user.
   (c)   Service deposits shall be required for all non-owner occupied residences. Non-owner occupied residences as set forth herein shall include, but not be limited to, all residences which are being purchased pursuant to Land Contract. Service deposits shall be required beginning with the first day of the first month following the passage of this chapter.
      (1)   A total service deposit of one hundred dollars ($100.00) shall be required for water and sewer accounts. Said funds shall be deposited in a non-interest bearing account to be held in trust until such time as the final bill is paid in full.
      (2)   If the bill is not paid in full after termination of service, the service deposit shall be used as a set off against any amounts due and owing on any outstanding water or sewer charges.
      (3)   Any excess deposit shall be refunded to the depositor. If after twelve months the depositor cannot be located, the fund shall be forfeited with any excess deposit being placed one-half in the sewer revenue fund and one-half in the water revenue fund.
      (4)   If the deposit is not sufficient to cover the final bill, those persons occupying the premises and the owner of the premises shall be jointly and severally liable for payment. In the event a water and/or sewer bill has not been paid in full, any individual who is responsible for the payment of the bill shall not be allowed new water service nor shall water service to the premises be restored until the balance outstanding on the water and/or sewer bill has been paid in full and a new deposit has been made with the City.
         (Ord. 1991-34. Passed 9-16-91; Ord. 2005-11. Passed 5-16-05.)