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45 ORDINANCE NO. 1973 - 62 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS AMENDING CHAPTER 30, ARTICLE I, SECTION 30-7, OF THE CITY OF SAN MARCOS CODE OF ORDINANCES, ESTABLISHES A NEW DEPOSIT FEE FOR ALL NEW RESIDENTIAL WATER CONNECTIONS AND A DEPOSIT FEE FOR ALL NEW COMMERCIAL ESTABLISHMENTS. I WHEREAS, the City Council of the City of San Marcos is.of the opinion that the current water deposit is inadequate for the purpose served; and WHEREAS, the City Council is of the opinion that a new deposit should be established to more adequately secure water service payment; and WHEREAS, the City Council is of the opinion that such action is in the public interest and benefit; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS Part 1. That Chapter 30, Article 1, Section 30-7 of the City of San Marcos Code of Ordinances be, and is hereby, amended so as to change the required new residential water deposit from ten II dollars ($10.00) to twenty dollars ($20.00). Part 2. That the provision in Section 30-7 of the City Code, as previously referenced, dealing with commercial establishment water deposit remain unchanged. Part 3. That Section 30-7 of the City Code, as previously referenced, be amended, as enumerated above, so that Section 30-7 of the City Code of Ordinances shall read as follows: "Section 30-7. Deposit. All new residential connections for utility services shall pay a twenty dollar ($20.00) deposit and all commercial establishments shall pay a deposit equal to one and one-half times (1.5) their estimated average monthly bill." I Part 4. This ordinance shall become effective ten (10) days from and after its final passage. PASSED AND APPROVED on first reading November 26, 1973. PASSED AND APPROVED on second reading December 10, 1973. PASSED, APPROVED AND ADOPTED December 17, 1973.