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J A N 18 1984 <br />too 55 r, , 842 <br />assurances that our company will have sufficient revenues to <br />meet debt service. <br />Without the proposed rates, I believe that our company <br />will be unable to obtain the necessary financing and thus, we <br />will be unable to go forward with meeting D.E.R. Requirements <br />and meeting the service requirements of present and future <br />customers. In the end we will be deprived of carrying out <br />our service system operations and fulfilling the terms of our <br />franchise. <br />Substantiation of our revenue requirements are reflected - <br />in financial statements which will be presented by Myron Olstein, <br />a management consultant with the firm of Main-Hurdman, who <br />specializes in utility rate consulting. <br />Intervener White submitted Intervener's Exhibit #3 - a <br />layout of the present plant. He reported that this is a <br />sketch he got out of the back of the agreement between <br />Hutchinson Utility and The Moorings Development Company <br />dated February of 1983. He then questioned Mr. Aiello <br />regarding various symbols shown on the sketch and what they <br />depicted. <br />Mr. Aiello identified the various structures noting <br />that the circular tank to the north is the clarifier, but <br />stated that he did not wish to get into the details of plant <br />operation. Mr. Aiello identified the 50' x 12' rectangle as <br />the 60,000 gpd plant, which he claimed is deteriorated to <br />the point that it could collapse in the next few months, and <br />37 <br />