15.04.140 Cash deposits.
A. Cash deposits, or other security satisfactory to the finance director, may be required by the finance director to secure payment of charges:
1. When service is restored by the occupant of a premises which the occupant does not own; or
2. When the customer files bankruptcy; or
3. In such other cases where a substantial need to protect the city is found to exist.
B. The amount of a cash deposit shall be determined by the finance director, but shall not exceed the highest payment made for three months’ billing during the preceding year, recomputed at the current year’s rates. If billings from the previous year are unavailable, then billings to a comparable premises elsewhere in the city shall be used.
C. Cash deposits may be used for the following:
1. Subsequent to making the deposit, if delinquencies in payment result in a shutoff, the deposit shall be applied against the delinquencies and any resultant fees.
2. Upon vacation of the premises by the customer, the deposit may be reimbursed, or applied as a credit to any outstanding account, in the city’s sole discretion. [Ord. 2001-02-007; Ord. 9618 § 10, 1986].