HomeMy WebLinkAbout1999-09-21; Municipal Water District; Resolution 1064(
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RESOLUTION NO. 1064
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD MUNICIPAL WATER
DISTRICT, CARLSBAD, CALIFORNIA, ADOPTING A
CUSTOMER DEPOSIT PROCEDURE
WHEREAS, the District's previous policy of collecting deposits from new
customers that did not have a two-year credit history or past Carlsbad customers
with unsatisfactory payment histories is not cost effective; and
WHEREAS, Carlsbad customers whose service has been terminated for
non-payment poses the greatest credit risk as determined by the District; and
WHEREAS, the District must protect the financial interests of the City and
its customers by ensuring payment from all customers for whom service is
provided; and
WHEREAS, a change in the deposit policy will allow the District to continue to
provide top quality customer service to new and current utility customers at the
least possible cost.
NOW, THEREFORE, BE IT RESOLVED by the Board Of Directors Of The
Carlsbad Municipal Water District, as follows:
1. That the above recitations are true and correct.
2. That the previous deposit procedure adopted under Resolution # 911
dated October 3, 1995 is hereby repealed.
3. That a deposit procedure is hereby established that
requires all customers, regardless of customer classification, to
submit a two-month deposit if their service is terminated for non-payment,
prior to reestablishment of service, and
authorizes staff to refund the deposits held after two years (24
months) of timely payments. If a customer holds an account for fewer than
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e e 24 months, the deposit will be returned after final payment on the account
has cleared.
PASSED, APPROVED AND ADOPTED at a regular meeting of the
Carlsbad Municipal Water District held on the 21st day of “&pPmhPr , 1999,
by the following vote, to wit:
AYES: Board Members Lewis, Nygaard, Finnila, Hall & Kulchin
NOES: None
ABSENT: None
ATTEST:
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ALETHA L. RAUTENKRANZ, Secretary
KAREN E. KUNDTZ, Assistant City Clerk
(SEAL)