9/7/1983 - Laserfiche WebLink

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S E P . 7 1983 K� ?Acf The rates to be charged can reflect a reasonable rate of return on a rate base that is inclusive of these items. The rate of return shall not exceed twelve percent (120) of the rate base. The Utility shall at any time, when requested by a consumer, make a test of the accuracy of any meter; prior, however, to any test being made by the Utility, the sum of ten dollars ($10.00) shall be deposited with the Utility by the party requesting such test. Such sum shall be returned if the test shows the meter to be inaccurate in its delivery. If the meter is inaccurate, the meter will be repaired or changed, and should the meter reading calibrate too high, a billing adjustment will be made for no more than the past six month's actual readings. Whenever it is necessary to shut off or interrupt service for the purpose of making repairs or installations, the Utility shall do so at such times as will cause the least amount of inconvenience to its consumers and, unless such repairs are unforeseen and immediately necessary, it shall give not less than five (5) days' notice thereof to its consumers for Win -emergencies. CONNECTION CHARGE/CAPACITY DE4AM FEE Connection charge is $500 per Equivalent Residential Connection (ERC) for water and/or wastewater service. For the purpose of this rate schedule, an ERC is equal to 350 gallons per day of water and/or wastewater consumption to be treated. One condominium unit is equal to one ERC. The basis for the connection charges and main extension charges as set forth herein has been structured by the Utility with regard to two major but variable factors; first, the present level of construction costs of distribution and treatment facilities; and second, their degree of treatment sophistication as prescribed by the Department of Environmental Regulation or body having jurisdiction over the matter. Without County approval, the schedule of connection charges set forth herein may be escalated based upon increases in utility construction costs as evidenced by the quarterly construction index published in Engineering New Record Magazine, "Construction Cost Index, 20 Cities". Utility shall adjust the connection charges set forth hemin semi. -annually, with- the first such adjustment to be not earlier than January 1, 1984. Any escalation shall not exceed the percentage difference between said construction cost index for the base period ending September 30, 1981, as compared with the period of comparison. Escrow charges and fees as contain in Section XV below shall be included in the respective connection charges listed above and incorporated therein. FRANCHISE FEE The Utility hereby agrees to pay to the County a franchise fee in the amount of three percent (3a) of the Utility's annual gross receipts, (or the sum of five hundred dollars ($500), whichever is greater), derived from monthly service charges to defray the cost of regulation 0 M