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<br /> (;¡fK <br /> SAN MARCOS ELECTRIC UTILITY <br /> ELECTRIC TARIFF <br />ISSUED BY: CITY OF SAN MARCOS, TEXAS SHEET NO. - <br />EFFECTIVE DATE: 3/1/92 - REVISION NO. - <br /> <br /> DEPOSITS <br /> RATE SCHEDULE - DEPOSITS <br />APPLICATION <br />Each applicant for service, excluding government agencies, <br />will be required to make a cash deposit with the city to establish <br />or re-establish credit before service will be rendered. However, <br />subject to these rules, an applicant shall not be required to pay <br />a deposit: <br />1. If the applicant is applying for a similar service and <br /> has been a customer of the San Marcos Electric utility <br /> or its predecessor at one location within the last <br /> twelve (12) months and has had service at that location <br /> for a minimum of three (3) years and during the last <br /> twenty-four (24) consecutive months of service did not <br /> have more than two (2) occasions in which a bill for <br /> such utility service was paid after becoming delinquent. <br />2. If it is a new applicant for service under the large <br /> general service rate (500 kW or greater) and it provides <br /> the San Marcos Electric Utility an irrevocable letter of <br /> credit from a bank or lending institution approved by <br /> the city in the amount equivalent to a deposit <br /> calculated according to AMOUNT OF DEPOSIT below. Such <br /> letter of credit must be approved by the City Attorney <br /> and must contain a provis~on that any litigation <br /> concerning the letter of credit must be filed in Hays <br /> County, Texas. <br /> 35 <br />