WATER/RHG
Decision 02-09-036 September 19, 2002
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
In the Matter of the Application of DEL ORO WATER COMPANY U-61-W, for authority to borrow approximately $250,000 (and to issue evidence of indebtedness in connection therewith) in order to pay the costs of determining compliance with the California Environmental Quality Act of a proposed capital improvement project and for authority to recover all such costs by applying monthly surcharges to customers in its Lime Saddle, Paradise Pines and Magalia Districts in Butte County, California. |
Application 02-06-033 (Filed June 12, 2002) |
Summary
This decision authorizes Del Oro Water Company (Del Oro) to enter into a loan agreement in the amount of $250,000 for the purpose requested in Application (A.) 02-06-033 (Application).
This decision denies, without prejudice, Del Oro's request for authority to contemporaneously apply monthly surcharges to customers to repay the principal and interest of the loan.
Background
Pursuant to §§ 454, 816 and 817 through 819 inclusive of the Public Utilities (PU) Code and in compliance with Rules 2 through 2.6 inclusive, 4, 15 and 16 of the Commission's Rules of Practice and Procedure, Del Oro requests authority to incur indebtedness up to $250,000; to issue a promissory note or notes for the purpose of paying necessary and reasonable costs for engineers and consultants for the California Environmental Quality Act (CEQA) review of the project which involves the improvements to Del Oro's water system; and to place in effect a surcharge on existing water rates to repay the loan principal and interest.
Notice of the filing of the Application appeared on the Commission's Daily Calendar of June 25, 2002. No protests have been received.
