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5/2/1984
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5/2/1984
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7/23/2015 11:50:24 AM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
05/02/1984
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MAY 21984 BOOK <br />BREEZY VILLAGE WATER b SEWER Co., INC. <br />RATE BASE <br />Land <br />Wells <br />Water and sewer plants <br />Generator <br />Improvements to sewage plant lines <br />Deep well turbine (submersible) pump <br />Accumulated depreciation <br />Net utility plant, at original cost <br />Used and useful adjustment (11.7%) <br />Contributions in aid of construction (CIRC) <br />Amortization of CZAC <br />Net utility plant used and useful <br />Working capital allowance <br />Rate base <br />56 PAGE 96 <br />DECEMBER 31, <br />1982 <br />1983 <br />$ 7,000 <br />$ 7,000 <br />11,162 <br />11,162 <br />141,717 <br />141,717 <br />4,075 <br />4,075 <br />8,640 <br />8,640 <br />98 <br />6,422 (1) <br />(44,826) <br />(51,038) <br />127,768 <br />127,978 <br />(14,949)(2) <br />(14,973)(2) <br />(11,250) <br />(12,750) <br />.882 <br />1,377 <br />102,451 <br />101,632 <br />2,989 <br />2,981 <br />INUM �, 6 <br />(1) Deep well turbine (submersible) pump in well must be replaced. <br />Per McCullers & Howard Well Drilling, the cost will be $6,422. <br />(2) Present customers _ <br />87 <br />Vacant lots <br />24 <br />Total potential customers <br />111 <br />Excess capacity percentage <br />10% <br />Excess capacity allowance <br />11 <br />Present customers <br />S7 <br />Used and useful <br />98 <br />Reserve for future customers <br />13 <br />Total <br />M <br />Mr. Strang referred to the figure of $14,973 under the <br />heading of Used and useful adjustment for 1983, noting that <br />figure represents monies expected to be received from <br />customers as they tie in. Under this new proposal, they are <br />requesting $1,000 per hookup, and Mr. Strang claimed that <br />since there are 24 lots left, this figure should read <br />$24,000. Mr. Strang further noted that the homeowners <br />disagree with both staff and the Breezy Village Co. on CIAC <br />103 <br />2 <br />
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