12/11/1979 - Laserfiche WebLink

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Fr DEC 1979 Boob 42 PACE27 THEY HAVE RECEIVED $17,000 TAP—IN FEES FOR WATER AND $27,000 FOR SEWER, AND THAT IS EVERYTHING THAT HAS BEEN COLLECTED SINCE THE INCEPTION OF THE SYSTEM. CHAIRMAN WODTKE COMMENTED THAT THE APPROVED TAP—IN FEE WAS ABOUT $1:000 FOR AN 80' LOT. HE ASKED IF THE MONEY ESCROWED NOW FOR FUTURE SEWER AND WATER TAP—INS IS INCLUDED IN THIS AMOUNT, AND MR. FANCHER STATED THAT IT IS NOT. THE CHAIRMAN NOTED THAT $17:000 WOULD ONLY AMOUNT TO 45 HOMES AT $400 EACH. COMMISSIONER LOY RETURNED TO A DISCUSSION OF THE FEES FOR ADMINISTRATION AND GENERAL EXPENSES PAID TO THE PARENT COMPANY, AND ASKED IF SHE READ THE BREAKDOWN CORRECTLY, WHICH INDICATES AN EXPENSE FOR ACCOUNTING AND COLLECTING OF $1,800, IN ADDITION TO THE $700 MANAGEMENT FEE. MR. FANCHER SAID THAT WAS CORRECT. HE EXPLAINED THAT THE SUM OF THE FIGURES IN EXHIBIT 3, PAGES 42 AND 43 GIVES YOU A TOTAL EXPENSE DURING THE YEAR OF $32,000, WHICH IS MADE UP OF $29,000 OPERATING EXPENSES AND $3,000 MAINTENANCE. COMMISSIONER SIEBERT CONTINUED TO QUESTION THE FIGURES FOR ACCOUNTING AND COLLECTION, AND MR.FANCHER EXPLAINED THAT IT INCLUDES THE METER READERS. COMMISSIONER LOY ASKED THE EXTENT OF PERSONNEL AT THIS PLANT, AND MR. FANCHER BELIEVED THERE ARE THREE PEOPLE PERMANENTLY ASSIGNED. COMMISSIONER LOY NOTED THAT ON PAGE 43 EVERYTHINGUNDER GENERAL EXPENSE IS PART OF THE MAIN OFFICE SO WE ARE TALKING ABOUT $5,000 OUT OF THE MAIN OFFICE THAT IS THROWN AGAINST THIS SYSTEM. COMMISSIONER SIEBERT QUESTIONED WHY THEY WAITED FROM 1965 UNTIL AFTER THEY WENT INTO PLANT EXPANSION TO GO FOR A RATE INCREASE. HE NOTED THAT IT IS VERY CONFUSING TO SEPARATE THE PLANT EXPANSION FROM THE COSTS. ATTORNEY ROEN STATED THAT THIS IS THE EXTENT OF THE TESTIMONY THEY WISH TO PRESENT, AND ASKED MR. MOSIAN TO ANSWER THE BOARD'S QUESTIONS.