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0142 Sewer Service Deposit FundORDINANCE NO. 142 AN ORDINANCE OF THE CITY OF CHUBBUCK, IDAHO, AMENDING SECTION 3(C) OF ORDINANCE NO. 129 OF THE CITY OF CHUBBUCK, IDAHO, TO SPECIFY THAT DEPOSITS HELD IN THE "SEWER SERVICE DEPOSIT FUND" SHALL BE REFUNDED WHEN A SATIS- FACTORY PAYMENT RECORD HAS BEEN ESTABLISHED OR WHEN OWNERSHIP OR OCCUPANCY OF THE LOT, PROPERTY, BUILDING OR RESIDENCE IN QUESTION HAS BEEN DISCONTINUED, WHATEVER OCCURS FIRST; AND PROVIDING WHEN THIS ORDINANCE SHALL BECOME EFFECTIVE. BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF CHUBBUCK, IDAHO: SECTION 1: That Section 3(C) of Ordinance No. 129 of the City of Chubbuck, Idaho, passed and approved on the llth day of December, 1973, is hereby amended as follows: C. Deposits. At the time of application for sewer ser- vice or of application for restoration of terminated sewer service, the owner or occupant of any lot, property, building or residence who will receive and pay for sewer service from the city, but who does not subscribe and pay for water furnished by the Municipal Water System, shall deposit with the City Clerk three times the applicable monthly service charge, or $30°00, whichever is greater, for each lot, property, building or residence connected to the sewer system, in order to guarantee the payment of monthly sewer system ~harges. Ail deposits shall be held in a fund known as the "Sewer Service Deposit Fund," and shall be retained in said fund until the owner or occupant shall have established a satisfactory payment record by making six (6) full and timely successive monthly payments of sewer charges~ or until the owner or occupant shall have discontinued the ownership or occupancy of such lot, property, building or residence, whichever occurs first° The deposit shall not bear interest payable to the depositor while being held in the "Sewer Service Deposit Fund~" SECTION 2: That the rule requiring ordinances to be read on three separate days is hereby dispensed with, and this ordinance shall become effective upon its approval and publication as pro- vided by law. PASSED BY THE MAYOR AND COUNCIL of the City of Chubbuck, Idaho, this 28 day of January , 1975o Mayor ATTEST' City Clerk -2-