When a city-owned fire hydrant meter is to be set, a service deposit in an amount
based on the current cost of a meter plus a administrative fee, as determined from
time to time by city council, will be required. When a privately owned fire hydrant
meter is to be set, a service deposit as determined from time to time by city council
will be required. A service charge as determined from time to time by city council
shall be charged for each month (31 days) or fraction of a month in which a city-owned
fire hydrant meter is used. The service deposit may be reduced if a satisfactory and
established credit rating is shown and acceptable to the city, in which case the service
deposit shall be as determined from time to time by city council.