Title
AN ORDINANCE AMENDING CHAPTER 48 OF THE DULUTH CITY CODE, 1959, AS AMENDED TO ALLOW ALTERNATIVE FORMS OF SECURITY AND TO ALTER THE COMPUTATION OF SECURITY AMOUNTS, AMENDING SECTIONS 48-11 AND 48-12 THEREOF.
Body
The city of Duluth does ordain:
Section 1. That Section 48-011 of the Duluth City Code, 1959, as amended, is hereby amended to read as follows:
Sec. 48-11. Security from applicants--when it may be required by department.
The department, at any time and at its discretion, may require from an applicant reasonable security to safeguard itself against the loss of or damage to equipment and to insure prompt payment of all bills, subject to the following conditions:
(a) The department may, at its discretion, accept security in the form of:
(1) Aa contract executed by a third party guaranteeing payment by the applicant. Such guarantee contract shall be in a form acceptable to the department and be given by a person or entity acceptable to the department;
(2) An authorization by a residential heating applicant or a domestic applicant addressed to a banking institution where such applicant has an account with sufficient funds therein authorizing the city to draw directly on the funds in said account to pay any charges charged to said applicant's account;
(3) An authorization by a residential heating applicant or a domestic applicant addressed to nationally recognized credit card issuer which has issued a credit card which is current and has an available credit balance authorizing the city to charge to said credit card any charges charged to said applicant's account; or
(4) In the event that the security provided under this subsection (a) becomes invalid or ineffective for any reason, the department may immediately demand that the applicant provide a substituted form of security acceptable to the department except as otherwise provided for in this section;
(b) A security deposit shall not be required of:
(1) A residential heating or domesti...
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