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�°�:. <br />CITY QF ROSEVILLE <br />IdNY A 4JATER NEETER DEP4SIT? <br />Q. Why does Rosevilie require a water meter deposit? <br />A. Rather than use tax monies to f�nance the purchase of water ErQeters, <br />the Ci ty deci ded to requi re a sec�ri ty deposi t to be made by each <br />customer to cover the cost of the meter and insta�7ation_ <br />Q. When mUSt the depos7t be made? <br />A. At the time of the water connection, or a chang� in the ownership <br />of the property. <br />R• <br />A. <br />�- <br />A. <br />-f ��` <br />i � <br />� <br />Who awns the water meter? � <br />The Ci ty retai ns ownersh i p of a21 meters . The E1ti 7 i ty Department <br />mainiains and repairs a1i meters when rendered unserviceable thraugf� <br />ordinary wear and iear and wi ll rep�ace ti�em, if necessary. <br />What happens to the Meter aepos�t money? ::- ; . <br />Deposits go into a segregated account that earns interest for tF�e <br />���Y. This is invested in 4la�er Departr�ent funds, and is used to <br />cover the cost of City- _flW��� meters. R rental fee equal to six <br />percent of the amouht o-F the security deposit, per annum, will be <br />charged for the use of City water meters. That rental -Fee may be sei <br />off or credited against any ir�-�erest due the customer on the security <br />deposi t. <br />R• Is t�ere an extra charge for the ins�al7ation a� the mete r and outside <br />regis�er? <br />A. No. The meter� deposit cave rs a11 installation costs. <br />Q• What if the home is sold? <br />A. The deposit is refunded, less any charges owed the iltility Department. <br />Persons selling their property shouid ca�7 the Utility Biliing Clerlc <br />at 484-3371, Ex. 18, and advise the da'te the home is beir�g vacated. <br />This wiiT insur� a meter reading with proper charges for both se7]er <br />and buyer. <br />