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i <br />40 <br />®• <br />Hutchinson Utilities, Inc. Original Sheet 12.0 <br />Sewer Tariff <br />RULES AND REGULATIONS (CONT) <br />8.0 PAYMENTS AND TERMINATION OF SERVICE (CONT) <br />C. Deposits <br />Any applicant or Customer, whose financial responsibility <br />is not establihsed to the satisfaction of the Company, may <br />be required to make a cash deposit to secure the payment <br />of bills up to an amount equal to the total of the charges <br />for service for three billing periods. The fact that a <br />deposit has been made shall in no ,jay relieve the <br />applicant or Customer from complying with the Tariff <br />regulations for prompt payment of bills on presentation. <br />Each applicant or Customer from whom a deposit is <br />collected shall be given a certificate of deposit <br />evidencing the deposit and containing the terms and <br />conditions applicable to deposits. <br />The Company will pay interest on Customer's deposit at the <br />rate of 8% per annum. The payment of interest will be <br />made once a year as a credit on regular bills, and on <br />final bills when service is discontinued. No Customer <br />depositor will receive interest on his deposit until he <br />has received at least six months of continuous sewer <br />service, in which case, interest will then be paid from <br />date of the commencement of service. <br />After a residential customer has establihsed a <br />satisfactory payment record and has had continuous service <br />for a period of 25 months, the Company shall refund the <br />Customer's deposit provided the Customer has not, in the <br />preceding 12 months, (a) made more than one late payment <br />of the bill, (b) paid with a check refused by a bank, <br />(c) been disconnected for non-payment, or at any time, <br />(d) used service in a fraudulent or unauthorized manner. <br />Nothing in this rule shall prohibit the Company from <br />refunding a deposit in less than 25 months. <br />Effective: August 1, 1984 <br />Issued by: Louis P. Aiello, President <br />