01/27/2026 Ordinances 10,062 ORDINANCE NO. 10,062
An ordinance to repeal and replace Grand Island City Code; Section 15-50 pertaining to
electric deposit requirements; to repeal Section 15-50 as now existing, and any ordinance or parts
of ordinances in conflict herewith; and to provide for publication and the effective date of this
ordinance being March 1st, 2026.
BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND
ISLAND,NEBRASKA:
SECTION 1. Section 15-50 of the Grand Island City Code is hereby amended to read as
follows:
§ 15-50 Deposit Requirements
A. All electric service accounts established under the commercial,power service, and Contract
rate structures shall be required to maintain a surety bond, irrevocable letter of credit, or a
cash deposit in an amount to be determined by the Utilities Department as set forth in this
section
B. Deposits for any commercial account created before March 1st, 2026, 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).
Deposits for any commercial, power service, or Contract account created on or after March
Pt ,2026, and deposits for all accounts for which service has been reinstated after being
disconnected for nonpayment shall be maintained in an amount equal to two times the
highest billed period of the last 12 billing periods. 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 for 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
ORDINANCE NO. 10,062 (Cont.)
(2) After at least two (2) years of continuous service to the single-phase commercial, three-
phase commercial, or three-phase power service customer, if the monthly payments for
the account have been made promptly, with no more than one delinquent payment during
the twenty-four (24) 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 after
the due date of the any monthly billing statement.
D. Any customer on a Contract rate structure, such as Co-Generation Standby, Economic
Development, and Interruptible Service Rates, will be required to maintain a surety bond,
irrevocable letter of credit, or a cash deposit with the City for the entire duration of the
Contract.
SECTION 2. Those portions of Sections 15-50as now existing,and any ordinances or parts
of ordinances in conflict herewith be, and hereby are, repealed.
SECTION 3. The validity of any section, subsection, sentence, clause or phrase of this
ordinance shall not affect the validity or enforceability of any other section, subsection, sentence,
clause or phrase thereof
SECTION 4. That this ordinance shall be in force and take effect from and after its passage
and publication, in pamphlet form, on March 1st, 2026. The ordinance shall be published in one
issue of the Grand Island Independent as provided by law.
Enacted: January 27, 2026.
Roger Steele, Mayor
ATTEST:
Jill Granere, City Clerk
*****First Reading Only****