§ 70-685. Refund of deposit.

(a)

The city may from time to time refund utility deposits upon written request from any owner occupied residential customer. Deposits shall be credited to the customer at the end of two years, provided that the customer has maintained a satisfactory payment record. A satisfactory payment history shall be defined as a payment history that consists of fewer than two penalties, no returned checks, and no delinquencies for a minimum of two consecutive years. This provision shall apply to only one account per customer.

(b)

Deposits for nonresidential and non-owner occupied accounts will not be refunded or credited while the customer has an active utility account with the city.

(Code 1961, § 21-5.7; Code 1985, § 24-180; Ord. No. 2990, § 3, 10-5-99; Ord. No. 5127, § 3, 1-27-03; Ord. No. 6014, § 1, 9-1-09; Ord. No. 2016-17, § 5, 1-19-16)