3294 ORDINANCE NO. 3294
AN ORDINANCE OF TI~ CITY OF SANFORD, FLORIDA,
AMENDING SECTION 28-43 OF ARTICLE III, WATER,
SEWER AND DRAINAGE CONNECTION AND CONTROL
CHARGE IN CHAPTER 28, WATER, SEWERS AND
SEWAGE DISPOSAL AND RECLAIMED WATER REUSE,
OF THE SANFORD CITY CODE BY ESTABLISHING
PROCEDURES FOR UTILITY DEPOSIT AND INTEREST
PAYMENTS THEREON; PROVIDING FOR
SEVERABILITY, CONFLICTS, AND EFFECTIVE DATE.
WHEREAS, the City Commission of the City of Sanford, Florida, deems it necessary
to amend Section 28-43 of Article Ill, Water, Sewer and Drainage Connection and Control
Charge in Chapter 28, Water, Sewers and Sewage Disposal and Reclaimed Water Reuse, of the
Sanford City Code.
NOW, TI-IF~REFORE, BE IT ENACTED BY THE PEOPLE OF THE CITY OF
SANFORD, FLORIDA:
SECTION 1: Section 28-43(d) of the Sanford City Code is hereby deleted in its entirety.
SECTION 2: Section 28-43(d) of the Sanford City Code is hereby added to the Sanford
City Code as follows:
(d) The minimum utility deposit shall be fifty dollars ($50.00) per single family
residential account. For new multi-residential services and all nonresidential
services, the amount of the deposit for each account shall be the monthly average
of three (3) consecutive monthly City service bills or as designated by the City
Manager based on specific billing and collection procedures required by any
specific account. Any special deposit is subject to review by the City
Commission.
(1) Interest Payment -
Interest shall be paid on all accounts with utility deposits.
Interest shall be calculated starting the first month after adoption of this
Ordinance.
(2) Basis for Interest Rate -
The interest rate paid on utility deposits shall be set at the pass book
savings rate of the City's banking service provider as of hue 30th of each
year.
(3) Interest Payment Procedures -
Interest payment on utility deposits shall be by a credit applied to each
account on the first billing period after August 31st of each year or as
soon as practical after that date. Annual interest shall be pro-rated
monthly.
Accounts terminated after August 31st of any year shall receive pro-rated
interest credit to the month preceding termination of service. This credit
shall apply to the final bill. Deposits posted after August 31st of any year
shall have pro-rated interest credited to their account on August 31st of
the following year. Deposits shall not earn interest on a partial month.
SECTION 3: SEVERABILITY. If any section or portion of a section of this Ordinance
proves to be invalid, unlawful, or unconstitutional, it shall not be held to impair the validity,
force or effect of any other section or part of a section of this Ordinance.
SECTION 4: CONFLICTS. That all Ordinances or parts of Ordinances in conflict
herewith be and the same are hereby revoked.
SECTION 5: EFFECTIVE DATE. That this Ordinance shall become effective
immediately upon its passage and adoption and interest shall accrue as provided in Section
43(d)(1) above.
PASSED AND ADOPTED thi~7~day o~ , A.D. 1996.
MAY
ATTEST:
As the City Commission of the CRy
of Sanford, Florida
CERTIFICATE
l, Janet R. Dougherty, City Clerk of the City of Sanford, Florida, do hereby certi~
of Sanford, Borida
Ordinance No. 3394