HomeMy WebLinkAboutResolution - 091461A - Established Monthly Account Service Charge For Water Service Deposits - 09_14_1961 JtP:k n
' RESOLUTION
G
3�27
WHEREAS, by Ordinance No. as finally passed by the City
Corrits ission on the 14tk day of September , 1961, there was authorized
a rn'"thly account service charge against all water service deposits not
clam d within 24 months after such water service was discontinued; and,
WHEREAS, the City Commission, after consideration of costly and un-
neceissary accounting practices and policies necessitated by the continued hand--
ling 'of such unclaimed deposits finds that a monthly account service charge of
+14icrats 14 cents against each such account would be proper, and is
necessary, expedient and in the best interests of the citizens of the City of
Lubbb`Lk; NOW THEREFORE,,
BE IT h,RESOLVED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK:
SECTION 1. THAT there is hereby established a monthly account service
chat-&` :.:In the amount of W',ceMts ( 14�) cents per month against all un-
claim'e16 ;;water service deposits which are unclaimed within the period of time
provid�d by Ordinance No. 3587 , as finally passed by the City Commission
on thy',Il14tk'- day of eptSte e , 1961.
4
SECTION 2. The Director of Finance of the City of Lubbock is hereby
authorized and directed to place in effect such accounting procedures and
policbie to insure the correct and prompt imposition of such charge on each
of suc;W ccounts; provided,, however, the Director of Finance may, if such
practioe will result in any reduction in the costs of placing such charges in
effect, Ca Luse the posting of such charges against such accounts on a quarterly,
semi ' 1inual or annual basis, so long as the posting of the charge when actually
made'FAflects the full amount due for the full period since the last such posting .1
S EC''kION 3. Such monthly unclaimed account service charge,, as collected
shall he f considered a general revenue to the Water Department to the extent
that su+ch:Isums exceed the 9mount required to be kept separate to insure re-
payment;_ of those deposits -made by persons, firms and individuals who still
are receiving water service from the City under similar deposits.
SXbTION 4. The Director of the Water Department is hereby authorized {
to waive, such unclaimed account service charge in any case where a claimant f it
such deposit after the time provided for making such claim shows good cause fo
his del" The Director of the Water Department is hereby instructed to
interpret the term "good cause" as used hereinabove in the most liberal manner
possibt,el�in favor of the claimant; Pmvided,, however, no deposit still unclaimed
after dv� years from the date of discontinuance of service shall ever be returned.
SEC ION 5. The Director of Finance shall establish with the funds acquire
through , uch unclaimed accounts. service charge a reserve account in such as
may be gietermined by him necessary, to cover payment of such late deposit
deman 6.
E.a."�sed by the City Commission this 14tk day of September , 1961. !
ATTES �' DAVID C. CASEY, Mayo
9a.4, ^ F proved
LaveniatLowe, City Sc6cretary TrFeasdrear
r
i
3
N COMMEW1 that the printed paragraph appearing oaths water
department Consumers Deposit slip be changed to read as follows. after
passage of sn'+erdinance by the City Commission authorizing such*
chanter:
teAs a deposit to secure the water and (orl electric
service supplied by the City of Lubbock between meter reading
periods and date of payment of bill as readeared.by the City. When
services is discontinued, and all amounts due the ):city from the
depositor have been pails this deposit shall be refuned upon pre-
sentation of this receipt at the office of the City Water and Electric
Department properly reeelpted by the person ,named above ar.
depositor. Deposits unclaimed within months after diee-
continuance of service, shall be subject to such monthly accouui
service charge as may be from time to time established by the
City of Lubbock. All claims for refund of deposits or setaaining
balance thereof, if any, shall be made within five years after date
of dtdcontinuances of service. This receipt.l d not tr&nsfaerable.
ATTACHMENT NO. Z