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06/13/2023 Ordinances 9930ORDINANCE NO. 9930 An ordinance to amend Chapter 15 of the Grand Island City Code, Sections 15-50; and to repeal any ordinance or parts of ordinances in conflict herewith; and to provide for publication and the effective date of this ordinance. BE IT ORDAlNED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA: SECTION 1. Chapter 15, Sections 15-50 of the Grand Island City Code are hereby amended to read as follows: §15-50. Deposit Requirements (A) Except as provided below, all electric service accounts established under the commercial rate structure shall be required to maintain a deposit in an amount to be determined by the Utilities Department as set forth in this section. (B) Deposits for any account created on or after September 1, 1983, and deposits for all accounts for which service has been reinstated after being disconnected for nonpayment shall be maintained in an amount of not less than Two Hundred Dollars ($200), nor more than Two Thousand Dollars ($2,000), as determined by the Utilities Department. The amount of the deposit required shall be equal to two times the highest billed period of the last 12 billing periods, not to exceed Two Thousand Dollars ($2,000). For new construction or properties that have been unoccupied for the last 12 billing periods, a similar property from an identically zoned business shall be used in establishing the required deposit amount. (C) The deposit required herein shall be refunded to the customer as follows: (1) When the electric service has been disconnected, whether at the request of the customer or far nonpayment of the customer's electric bill, or a new account has been created for said service with a different customer, and a final reading has been taken, any deposit on hand and minus the amount of any unpaid billing statement and other charges, shall be refunded to the customer; or (2) After at least one year of continuous service to the customer, if the monthly payments for the account have been made promptly, with no more than one delinquent payment during the twelve (12) month period immediately preceding, the Utilities Department shall credit any deposit on hand. For the purposes of this subsection, a payment shall be deemed delinquent if made more than fifteen (15) days after the date set forth on the monthly billing statement. SECTION 2. Any ordinances or parts of ordinances in conflict herewith be, and hereby are, repealed. ORDINANCE NO. 9930 (Cont.) SECTION 3. This ordinance shall be in force and take effect from and after its passage and publication, within fifteen days in one issue of the Grand Island Independent as provided by law. Enacted: June 13, 2023 Attest: 1 r✓ �%� ''_. Roger . Steele, Mayor J�-5�4.�- L�C. oF GRAND/sC9 RaNae Edwards, City Clerk � r� ORP�RAl �'s a ���,� �O 2 *. � �. -.. ��r '�,.��� 10, ���„�J ti� ��. NFBRAS�P 2