Observations all along the line - Kimball & the Southern Panhandle First
Observations all along the line - Kimball & the Southern Panhandle First
The Board of Public Works voted to adopt a resolution that will change the landlord deposit policy for utilities in the city of Kimball.
The new policy will change the previous policy for landlords from paying a $100 dollar utility deposit per rental unit to a $200 floating ceiling deposit for all rental properties contained in one location.
Under the previous policy landlords would have to pay a $100 deposit for each residential rental property without a limit on the cost to the landlord.
As stated on the resolution itself, the purpose of the resolution is to establish a uniform landlord utility agreement for landlords and tenants within the city of Kimball. The new policy will take effect January 1, 2013 with any deposited money under the previous policy that exceeds the new $200 floating deposit being returned to landlords at that time.