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ATTORNEY-COLLINS NOTED THAT THE CHAIRMAN HAD COMMENTED -THAT <br />THE CONTRIBUTION AS SHOWN ON THE BOOKS SHOWED A HOOK-UP OF ABOUT 45 <br />HOMES, AND THERE ARE CONSIDERABLY MORE HOUSES THAN THAT. <br />MR. MOSIAN POINTED OUT THAT THE CURRENT CHARGE FOR TAP -IN, <br />WHICH COMES TO ABOUT $1:000, WENT INTO EFFECT IN 1977. PRIOR TO THAT <br />IT WAS CONSIDERABLY LESS. THE CHAIRMAN STATED THAT IT WAS $630.00, <br />AND `YAR. MOSIAN NOTED THAT WAS FOR WATER AND SEWER. HE FURTHER COMMENTED <br />THAT THEY DID NOT ALWAYS MAKE CONNECTION CHARGES. THERE WAS A TIME <br />BACK IN THE 50'S AND EVEN 60'S WHEN THERE WAS NO REGULATION UNDER THE <br />PUBLIC SERVICE COMMISSION, AND IT WAS COMMON PRACTICE FOR MOST WATER <br />AND SEWER SYSTEMS TO PUT IN THEIR OWN LINES. THE COST OF YOUR WATER <br />BILL WAS VERY MINIMAL, AND MOST COMPANIES WERE ABLE TO EARN A LITTLE <br />RETURN. IN THE 60'S THAT CHANGED, AND IT BECAME -MORE DIFFICULT TO <br />BORROW MONEY SO THE ALTERNATIVE TO GET CAPITAL WAS TO GET IT FROM THE <br />CUSTOMER, WHICH LED TO THE CONNECTION CHARGE TO PROVIDE CAPITAL FOR <br />EXPANSION NEEDS. <br />ATTORNEY COLLINS ASKED IF IT WOULD BE MR. MOSIAN'S SWORN <br />TESTIMONY THAT THERE HAVE ONLY BEEN 45 HOUSES THAT HAVE PAID TAP -IN <br />FEES, AND MR. MOSIAN STATED THAT IT WOULD NOT BECAUSE IT DIDN'T SEEM <br />RIGHT TO HIM AND HE WOULD HAVE TO GO BACK TO THE BOOKS AND RESEARCH. <br />HE NOTED THAT IN 1977 THERE WERE 13 CONNECTIONS, ONLY 7 IN 1978, AND <br />NONE IN 1976; A GOOD DEAL OF THE GROWTH CAME VERY EARLY IN THE SYSTEM. <br />THE CHAIRMAN ASKED HOW MANY WATER CUSTOMERS THEY NOW HAVE, <br />AND MR. MOSIAN FELT IT WAS APPROXIMATELY 340. <br />THE CHAIRMAN ASKED WHEN GENERAL DEVELOPMENT CORP. SOLD THE <br />HOUSES WHAT AMOUNT THEY PUT INTO THE OTHER CORPORATION FOR THE COST <br />OF THE WATER AND SEWER, AND MR. MOSIAN STATED THAT NO AMOUNT WAS PUT <br />IN BECAUSE THAT WAS BACK IN THE PERIOD WHEN INVESTMENT IN WATER AND <br />SEWER SYSTEMS WAS COMMON. <br />CHAIRMAN WODTKE ASKED IF HE WAS SAYING THAT WHEN THEY SOLD <br />A HOUSE, THEY DID NOT INCLUDE ANYTHING IN THE COST OF THE HOUSE FOR <br />THE WATER AND SEWER PLANT OR DISTRIBUTION LINES. MR. MOSIAN STATED <br />THAT HE DID NOT KNOW WHAT THEY DID AT THAT TIME, BUT IT WOULD MAKE <br />35 <br />DEC 111979 <br />Nox 42.'PACE'280 <br />J <br />