(a) Customers
will be promptly notified when checks are returned by the bank.
(b) The
city will assess a fee of $30.00 for each returned check.
(c) The
city may demand cash payment after receiving two returned checks from
a customer.
(d) The
city may discontinue service to any customer refusing to make full
restitution for returned checks.
(Ordinance 512 adopted 9/23/04)
The city will assess a $3.50 credit card fee for all credit
card/debit card transactions. Customers may use bank draft as an alternative.
The city reserves the right to restrict certain credit cards.
(Ordinance 595 adopted 9/13/2018)
Land/land improvement
|
Any amount
|
Buildings/building improvements
|
$ 5,000.00
|
Facilities and other improvements
|
$25,000.00
|
Infrastructure
|
$25,000.00
|
Personal property
|
$ 5,000.00
|
Leasehold improvements
|
$25,000.00
|
(Ordinance 501 adopted 4/10/03)
For clarification purposes of this policy the above items are
generally defined as, but not expressly limited to the following definitions:
Building.
A structure that is permanently attached to the land, has
a roof, and is partially or completely enclosed by walls. A building
improvement must extend the life of the building or increase the value
of the building. Examples of capitalized building improvements are
structural changes and installation or upgrade of roofing, heating
and cooling systems, electrical, etc.
Facilities.
Assets built, installed or established to enhance the quality
or facilitate the use of land for a specific purpose. Facility improvements
are considered to be fencing, landscaping, parking lots, recreation
areas, septic systems, and pavilions.
Infrastructure.
Stationary and can be preserved for significantly greater
number years than most capitol assets. They are often linear and continuous
in nature. Infrastructure improvements should extend the useful life
and /or increase the value by 25% of the original cost or life period.
Examples of infrastructure are streets, curbs, gutters, sidewalks,
fire hydrants, bridges, dam, drainage facility, radio tower, water
main and distribution lines, light systems and signage.
Land/land Improvements.
The purchase price or fair market value at time of gift,
any commissions, professional fees, land excavation, fill, grading,
drainage, demolition of existing building (less salvage), property
removal (relocation or reconstruction) of others (railroad, telephone,
and power lines), date of purchase accrued mortgage interest and any
unpaid taxes and right-of-way cost.
Leasehold Improvements.
The construction of new buildings or improvements made to
existing structures by the lessee, who has the right to use these
leasehold improvements over the term of the lease.
Personal Property.
Fixed or movable tangible assets to be used for operations
that the life of extends beyond one year. Examples of personal property
are vehicles, other motor vehicles, furnishings and equipment.
(Ordinance 501 adopted 4/10/03)