C4C-Ref- FCWPC - Establish New Policy Criteria For Reimbursement Of Deposits -WIBE
OFFICE OF THE MAYOR AND COMMISSION
TO:
FROM:
DATE:
SUBJECT:
Ms. Kathie Brooks, Interim City Manager
Mr. Jose Smith, City Attorney
Mr. Rafael Granado, City Clerk
Commissioner Deede Weithorn
September 2012
Guarantee Deposits for Water and Sewer.
MEMORANDUM
The City of Miami Beach, its current
service, or both issue a deposit to the Utility
Beach has traditionally held this deposit until
that new retail users for water service, sewer
Department for new water installations. The of Miami
of the account providing that there are no outstanding bills.
Commissioner Deede Weithorn would like to refer a discussion item to the Finance Committee to consider new
policy (similar to section (5) Guarantee Deposits/ order number 10-8 of the rules and regulations of the Miami-
Dade Water and Sewer Department enacted on May 13, 2011) establishing criteria for the reimbursement of
guarantee for those customers who have established a payment history on their water bHI.
" ... deposits are returned according to the criteria: closing an account or after two years with
no service cuts violations combined with a record of less than three late payments for a
quarterly customer and less than five late payments for a monthly customer in a two year service
"Deposits shall earn simple interest at a rate established by the Department, which rate shall be
periodically reviewed .... Return of shall be in the form of a credit adjustment on the
scheduled or final
Should you have any questions and/or concerns
Commissioner Weith om's office at extension 7105.
Thank you,
Commissioner Deede Weithorn's Office
this referral, do not hesitate to contact
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