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I <br />55 mE824. <br />TO: The. Honorable Members of the DATE: January 9, 1984 FILE: <br />Board of County Commissioners <br />THROUGH: Terrance G. Pinto <br />Utility Services Director HUTCHINSON UTILITIES, INC. <br />SUBJECT: REQUEST FOR RATE CHANGE AND <br />MODIFICATIONS TO EXISTING <br />FRANCHISE AGREEMENT <br />A) Resolution No. 81-58 <br />B) Letter of Intent <br />C) Moorings/Hutchinson Agreemer <br />FROM• Joyce S. Hamilton REFERENCES: D) Commission Minutes 12/1/82 <br />'Administrative Assi tantRate <br />Utility Services F) Rate Review Committee Report <br />G) Revised Resolution <br />DESCRIPTION AND CONDITIONS: <br />Hutchinson Utilities, Inc., is a wastewater franchise currently <br />operating under Resolution No. 81-58 (Exhibit "A") after a -transfer <br />of ownership from The Moorings Development Company (Exhibit "B" and <br />11C" ) <br />The franchise territory includes all of The Moorings units 1, 2, 3, <br />4, 5, and 6; The Moorings Golf Course; Porpoise Bay Villas; and <br />St. Edward's Upper. School (pages 2 and 3 of Resolution No. 81-58). <br />ALTERNATIVES AND ANALYSES: <br />The Corporation has petitioned for a rate increase at the same time <br />The Moorings Property Owners Association has petitioned for an <br />adjustment in the existing rate structure (Exhibit The <br />property owners feelings are they have been overcharged. The rate <br />increase requested by the Corporation is based on the need to construct <br />a new facility and to vacate their existing facility.'Requested <br />rates and analysis are Exhibit "E". <br />The Rate Review Committee of Indian River County has submitted their <br />findings (Exhibit "F") and opinion. <br />RECOMMENDATION: <br />Although staff recommends approval of the modifications made to the <br />franchise agreement, they recommend denial of this request for an <br />increase in rates based upon the opinion of the Rate Review Committee <br />that depreciation of contributions in aid of construction was taken. <br />Chairman Scurlock explained the procedure to be <br />followed during the public hearing. <br />Attorney Samuel K. White, 123 Springline Drive, member <br />of the Florida Bar, asked that his appearance on behalf of <br />The Moorings of Vero Property Owners Association be entered. <br />He announced that he would act as Intervener, assisted by <br />Attorney Eben Cockley and Attorney Paul Stewart. <br />19 <br />