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t <br />NOV 91983 <br />boo <br />Attorney Brandenburg explained to those present the <br />purpose of industrial development revenue bonds, noting that <br />they allow the utility company to obtain financing at a tax <br />exempt rate, which in the long run should result in lower <br />rates. The rate increase requested tonight is based on a <br />1982 test year and any bonds or capital improvements <br />resulting from the bonds would not be reflected at all -in <br />the rate increase addressed tonight nor would the water <br />purchase agreement with the county, which also is on this <br />evening's agenda. <br />Attorney Roen wished to address those present in regard <br />to the possible contamination of a well, which was brought <br />up previously. She emphasized that, as indicated by Mr. <br />Bostwick of the DER, any problem in the raw water source is <br />being monitored and treated and they are currently meeting <br />all applicable treatment standards as the water goes into <br />the system. <br />The Chairman called Barbara Hibbert, 1036 23rd P1., <br />S.W., who did not wish to speak. _ <br />The Chairman called Anna Brogan, 1092 23rd P1., S.W., <br />who did not wish to speak. <br />Court Reporter Zambataro swore in Lola Evans of 2226 <br />14th Ave., S.W., who stated that she has been a customer of <br />GDU for 17 months. She found the quality of the water okay <br />and the service good,but would appreciate them adding <br />fluoride. Ms. Evans boncern was that there are people <br />living in this development who are on a fixed budget - <br />single parents with only one source of income, and she felt <br />such people must be considered. <br />Mr. Zambataro swore in Frank Cositore, 635 24th St. <br />S.W. Mr. Cositore stated that he has been a resident of <br />the Highlands over two years, and he paid a lot of money for <br />his property so that there would be utilities and he .could <br />use them. He commented that he heard that Midway Mobile <br />26 <br />