Ord 1993-071 - Laserfiche WebLink

Home Browse Search

----- l :;1 A I-! SAN MARCOS ELECTRIC UTILITY ELECTRIC RATE SCHEDULES DEPOSITS Rate Schedule - Deposits Effective: June 1, 1993 Page 2 (d) the type of service required to by provided from the City System; and (e) comparison of the estimated service to be provided to customer with similar service provided to existing customers. The City may require a deposit sufficient to reasonably protect against the assumed risk of temporary, weekend, or personal service, provided such policy of the City is applied in a uniform and non-discriminatory manner. Deposits shall be returned to customer pursuant to the guidelines set forth in the REFUND OF DEPOSIT provision of this rate schedule. DEPOSITS NOT TRANSFERABLE Deposits are non-transferable and will be refunded and/or applied to the customer's final bill upon the disconnection and termination of service. . RECORDS OF DEPOSITS The City shall keep records of customer deposits that provide: (a) the name and address of each depositor; and (b) the amount of the deposit and the date the deposit was made by the customer. The City shall issue a receipt of deposit to each applicant from which a deposit is received, and shall provide means whereby a depositor may establish a claim if the receipt is lost. A record of each unclaimed deposit will be maintained by the City for at least four (4) years, during which time the City shall make a reasonable effort to return the deposit pursuant to the REFUND OF DEPOSIT provision of this rate schedule. REFUND OF DEPOSIT If service is not connected or after disconnection of service, the City shall promptly and automatically refund the customer's deposit in excess of any amount credited to the customer's unpaid bills for services furnished. When a customer has had no late payments for twelve (12) consecutive months or less than two (2) late payments during the last twenty four (24) consecutive months, the City shall refund the deposit to the customer in the form of cash or a credit to the customer's bill or by surrendering the letter of credit, if a letter of credit was posted by the customer.