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GENERAL DEVELOPMENT UTILITIES REQUEST FOR INCREASE IN WATER AND <br />SEWER RATES FOR VERO BEACH HIGHLANDS AND VERO BEACH SHORES <br />The Board reviewed the following memo dated 5/10/93: <br />DATE: MAY 10, 1993 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR <br />FROM: TERRANCE G. PINTO <br />DIRECTOR OF UTIL VICES <br />STAFFED AND <br />PREPARED BY: CINDY E. WHITE <br />FRANCHISE COORD OR <br />DEPARTMENT OF UT LITY SERVICES <br />SUBJECT: GENERAL DEVELOPMENT UTILITIES, INC. (GDU) REQUEST <br />FOR AN INCREASE IN WATER AND SEWER RATES, CARRYING <br />COST RECOVERY CHARGES, AND SERVICE AVAILABILITY <br />CHARGES FOR THE VERO BEACH HIGHLANDS AND VERO BEACH <br />SHORES DIVISION* <br />BACKGROUND: <br />On May 3, 1993, the Department of Utility Services received the <br />attached rate increase package from General Development Utilities, <br />Inc. Upon receipt of the package, the attached memo was prepared <br />and sent to the Board of County Commissioners outlining the public <br />hearing process and recommendation to hire an independent accounting <br />firm to review the rate increase request. <br />ANALYSIS: <br />In accordance with Franchise Resolution 83-109, a public hearing <br />before the Board of County Commissioners must be held within 90 days <br />after receipt of the rate increase request; within 60 days after <br />said public hearing, the Board of County Commissioners must approve <br />or disapprove the rate increase. <br />This department recommends that the firm of Rachlin & Cohen of <br />Miami, Florida, be hired to review the rate increase package and <br />determine an acceptable rate base. This company has experience in <br />dealing with GDU, and has an excellent reputation in the analyses of <br />rate increase requests. <br />.11 <br />J <br />Per Resolution 91-31, the cost of hiring this firm would be paid by <br />GDU. <br />RECOMMENDATION:, <br />The Department of Utility Services recommends that the Board of <br />County Commissioners authorize the Department of Utility Services to <br />proceed with an agreement with Rachlin & Cohen, in accordance with <br />the attached proposal in the not -to -exceed amount of $15,590.00, to <br />review the rate increase package submitted by GDU. The date of a <br />public hearing to review the package within a 90 -day time frame will <br />be determined at a later date. <br />54 <br />A� A BOOK 89 FnF 5 5 <br />