9/26/1984 - Laserfiche WebLink

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Mr. Cliburn addressed the recommendations from staff point by point, stating that their first qualification would be the rephrasing of the first sentence of Section 14. He confirmed that the staff and the utility have basically agreed to remove the words "as approved" from the section that reads - "The rates charged by the Company for its service hereunder shall be fair and reasonable and designed to meet all necessary costs of the service, including a fair rate of return on an approved rate base under efficient and economical management." Mr. Cliburn continued that the next recommendation in the memo of Mrs. Hamilton, dated September 17,'related to the payment of the 6% franchise fee, and they have no problem either with the verbiage or the method by which they would pay the quarterly franchise fee or with stating said franchise fee on the utility bill. Mr. Cliburn then addressed the items in the memo writ- ten by Assistant Utility Director Baird, "Exhibit B", as follows: Item 1 - He agreed to remove any reference in the Service Availability and Main Extension Policy to the Florida Public Service Commission and insert where appropriate Indian River County Board of County Commissioners. Item 2 - Section 1.0 General Policy: Mr. Cliburn stated that they have agreed the general policy would be as stated in the remainder of the same and what they probably would do, would be send to the Utilities Division a procedure by which they would determine the economic feasibility or consider extending service. Item 3 - Section 3.0 (Plant Capacity) Charge: Mr. Cliburn stated that the $388 per ERU verbiage would be changed so that $388 would not be specified but it would state that the impact fee is paid directly to Indian River County and is subject to change. 63 SEP 26 1984 Bou 58 FacE 477