§ 9-2. Commercial utility account deposit policy.

In regard to deposits on commercial utility accounts the policy of the municipality will be as follows:

(1)

Whenever payment of a commercial account is late for two (2) consecutive months or is late for any four (4) months of a twelve-month period, then the total deposit required for said account will be increased to an amount equal to the highest bill accumulated for any one (1) month during the previous twelve (12) months.

(2)

The aforesaid increased deposit also will be required whenever utility service is discontinued and disconnected for failure to pay the bill when due, and said deposit must be paid before services are resumed and water and/or gas are reconnected.

(3)

Service will be discontinued and utilities disconnected when the account is not paid on time by the date due as indicated on the monthly statement.

(4)

Once the aforesaid increased deposit has been required and paid, the customer may be reimbursed the increased deposit, leaving only the minimum deposit required, once the account has been paid in full on or before date due for twelve (12) consecutive months.

(Res. of 7-26-83)