TO: Mayor and Commission AGENDA DATE: 3/3/2025
FROM: City Manager AGENDA ITEM: 8 - D
SUBJECT:
Title
Public Hearing - Request for approval of Ordinance No. 18-2025, amending Chapter 68, Article II to update the sections related to Customer Deposits, at first reading.
Body
LOCATION:
Water and Wastewater
COST:
Not Applicable
SOURCE OF FUNDS:
Not Applicable
ORIGINATING DEPARTMENT:
Finance
POTENTIAL MOTION:
Recommendation
“I hereby approve Ordinance No. 18-2025, at first reading, to amend Chapter 68 Customer Deposits of Article II ‘Water and Wastewater Utility Rate Ordinance.”
...END
BACKGROUND:
Background
The proposed ordinance amends the Code of Ordinances Chapter 68, Article II, Water and Wastewater Utility Rate Ordinances, specifically relating to customer deposits.
It amends the following within Section 68-58 Customer Deposits:
1. Clarifies that deposits will be held in a non-interest-bearing account.
2. Owner Occupied residential accounts may be returned after thirty-six months if no delinquencies nor disconnections.
3. Tenant Occupied residential accounts are held until the account is closed and any unpaid balance is paid.
4. Commercial Accounts are held until the account is closed and any unpaid balance is paid.
5. Clarifies when additional deposits might be required for utility accounts.
All of the proposed amendments provide for a more efficient and financial sustainable process consistent with state law for the handling of our customers utility deposits.
...End