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HomeMy WebLinkAbout20181214Comments_(10).pdfDiane Holt From: Sent: To: Subiect: Name: Denise Kimpson Case Number: EAG-W-18-01 Email: dakimpson@q.com Telephone: 2088652660 Address: 257 S Silverwood Way Eagle ldaho,83616 Name of Utility Company: Eagle Water Company Comment: As residents in the City of Eagle and 22 year customers of Eagle Water Company, my husband and I ask that you block the sale of Eagle Water Company to H2O Eagle Acquisition LLC and the subsequent sale from them to Suez Water. When we were looking to move from our south Boise home (on United Water - Suez) more than 20 years ago, we chose the City of Eagle in large part because we had the choice of an alternative water provider. Our experience with then United Water was not a positive one. Water is a basic necessity. We are fortunate in Eagle to have local control of our water, to have our water obtained from a local source that requires minimal treatment. Approving the sale of Eagle Water Company and its assets to Suez will only serve to further the progress of a foreign-owned, shareholder-based entity concerned with delivering a return on investment, developing a monopoly on a basic necessity of life, and relinquishing our water rights. We are not guaranteed we will receive our Suez provided water from the same minimally processed source at the same quality we currently enjoy. My husband and I understand Mr. DeShazio wanting to get his affairs in order. The speed at which this proposed sale has progressed has given the concerned customers little time to consider other options to present to Mr. DeShazio. At the very least, we ask that you delay your decision to allow the customers this opportunity. Respectfully subm itted, Jeffery and Denise Kimpson 257 S Silverwood Way Eagle, ldaho 83616 cc. Eagle Water Company Eagle City Council Unique ldentifier: 160.3.3.73 dakimpson@q.com Thursday, December 13,2018 10:58 PM Beverly Barker; Diane Holt; Erik Jorgensen; Matthew Evans Case Comment Form: Denise Kimpson 1 Diane Holt From: Sent: To: dcbranton@yahoo.com Friday, December 14,2018 10:10 AM Beverly Barker; Diane HolU Erik Jorgensen; Matthew Evans Case Comment Form: Donald BrantonSubiect: Name: Donald Branton Case Number: EAG-W-18-01 Email: dcbranton@yahoo.com Telephone: 20837L5289 Address: 245 S SILVERWOOD WAY EAGLE ID,83616 Name of Utility Company: Eagle Water Comment: I am very concerned about the proposal for Suez to purchase Eagle Water Company. I DO NOT want this sale to be approved. Suez puts more chemicals in the water than are needed for Eagle Water. Suez would connect the lines of Eagle water and Boise water so it would all be treated the same. The water tastes bad and the long term effect of all those chemicals are not known. Suez is owned by a foreign company so if Eagle Water is owned by Suez our water rights would be controlled by a foreign company. That is not right for Eagle, ldaho. There is no reason for Suez to own Eagle Water! The media has made it sound as if this sale is a done deal but I just learned that is not the case. I think at least 95% of Eagle residents think there is nothing that can be done now because of the media coverage, otherwise you would be getting many times more comments than you are getting. Please, as the Commission that guards and protects the Utility rights of the people of ldaho it is your responsibility to NOT APPROVE this sale. Thank you for you attention to this. Donald Branton Eagle resident of 13 years. Unique ldentifier: 160.3.5.63 1 Diane Holt From: Sent: To: Subject: Name: Ryan Brill Case Number: Eag-w-Ol Email: Brillrt@yahoo.com Telephone: 2088508330 Address: 1000 n. Echohawk Eagle |d,83616 Name of Utility Company: Eagle Comment: I find it impossible to understand why a company that is for profit, based in France, should have control over a natural resource in eagle ldahol I am appalled, disgusted, and will do whatever I can to prevent this from occurring. This is akin to taxation without representation ! Unique ldentifier: L66.L37 .246.53 Brillrt@yahoo.com Friday, December 14,2018 1:24 PM Beverly Barker; Diane Holt; Erik Jorgensen; Matthew Evans Case Comment Form: Ryan Brill 1 Diane Holt From: Sent: To: Subject: denise_allred @ live.com Friday, December 14, 2018'12:15 PM Beverly Barker; Diane Holt; Erik Jorgensen; Matthew Evans Case Comment Form: Robert Allred Name: Robert Allred Case Number: SUZ-W-18-02 and EAG-W-18-01 Email: denise_allred@live.com Telephone : 208-939-5580 Address: 984 N Grey Pebble Way Eagle ldaho,83516 Name of Utility Company: Eagle Water Company Comment: Dear Commissioners, I am writing to express my/our concern about the proposed acquisition of Eagle Water by Suez. As a retired financial advisor, I have a different, and concerning, perspective than many who may communicate with you. Several years ago I evaluated Suez as a possible stock purchase and prospective recommendation to clients. I determined that there were too many issues with management, not the least of which were faltering attempts to manage far flung operations including Morocco and lndia. It is hard to imagine that a PUC based in ldaho could feel comfortable supporting the purchase of an important local asset by an international conglomerate based in Paris. On the face of it that proposition, excuse me, won't hold water. Consumers are properly concerned about the increase in rates. But, that is a small part of the larger problem of the long term financial health of Suez. Simply based on the divided pay out ratio for Suez they will be compelled to keep raising rates. To be specific about financial/capital issues consider the following: Suez ldaho Power* market cap 8.5 billion 5.1 billion * debt approx 158 1.8 billion* debt/equity ts}% 77o/o * dividend payout ratio L25%o 53% Regardless of whether one is a consumer or an investor, the above stats do not speak well to the long term financial health of Suez. lts stock is approximately 50% lower than 10 years ago, while ldaho Power has quadrupled. While one could argue that Suez and ldaho Power are too different for valid comparison. Not so. They are both regulated utilities and both rely on water. And, again the numbers are problematic. Suez's long term debt approaches two times market cap while ldaho Power's debt is 30+% of market cap. We respectfully ask that all other options for the sale/purchase of Eagle Water be considered. There is no doubt in my mind that the residents of Eagle would support a bond and concomitant maintenance agreement to keep Eagle Water locally owned. The outright purchase of Eagle Water by Suez is a "trip to Paris" that we will pass on. Respectfully, Robert Allred, PhD Denise Allred 984 N Grey Pebble Way Eagle, ldaho 83616 208-939-ss80 1 Diane Holt From: Sent: To: Tpittx4@gmail.com Friday, December 14,2018 1 1:14 AM Beverly Barker; Diane Holt; Erik Jorgensen; Matthew Evans Case Comment Form: Teresa PittmanSubiect: Name: Teresa Pittman Case Number: EAG W 18 01 & SUZ W 18 02 Email: Tpittx4@gmail.com Telephone: Address: Eagle |d,83616 Name of Utility Company: Eagle water/ Suez Comment: Against a For Profit utility company owning our water in the city of Eagle 1 Unique ldentifier: 65.129.46.153 Diane Holt From: Sent: To: jwbain@cableone.net Friday, December 14,201810:50 AM Beverly Barker; Diane Holt; Erik Jorgensen; Matthew Evans Case Comment Form: Joe BainSubject: Name: Joe Bain Case Number: suz-w-18-02 Email: jwbain@cableone.net Telephone: 2089398085 Address: 11034 culdesac boise lD, 837t4 Name of Utility Company: Suez/Eagle water Comment: l'm an appraiser and I've talked to many consumers since Suez took over United Water. They are unhappy with the company. They raised the bill with no discernible benifit to their service. Apparently this company wants to get a monopoly on water in this area and then given the corporate mindset of many corporations over the last 20-30+ years they can do what ever they want to the consumers. Reminds me of many of the companies in the health and pharmaceutical industry that gouge away and nobody, presently, can hold them accountable.Suez has already sent me a postcard saying they will raise the rates because they don't think Eagle Water has been gouging customers enough over the years. From the name I'm assuming Suez is an Egyptian company but irregardless I'm tired of foreign companies bringing their sense of corporate greed to ldaho, not to say that we don't have US corporations with the same sensibilities. Eagle Water is a good company and I see no reason Suez should be allowed to take them over. lf they want to sell lets see what an ldaho or Northwest US company brings to the table. Like I said every United Water customer that I've listened to has nothing good to say about Suez. At least I have the option to return to my well water if this is allowed to go thru. Thank You, JW Bain. Unique ldentifier: 160.3.205.134 1 Diane Holt From: Sent: To: nodawaykid@gmail.com Friday, December 14,201810:35 AM Beverly Barker; Diane Holt; Erik Jorgensen; Matthew Evans Case Comment Form: Elizabeth RobertsSubject: Name: Elizabeth Roberts Case Number: EAG-W-18-01 Email: nodawaykid @gmail.com Telephone: 2O88672L80 Address: 1351 N Mansfield Pl Eagle 1D,83615 Name of Utility Company: Eagle Water Company, lnc. Comment: I am opposed to the sale of Eagle Water Company, lnc to Suez Water ldaho. Suez Water is a large multinational corporation that will most likely put profit above safety. Suez Water does not have a good safety record and has a low rating with BBB. https://www.bbb.org/us/de/wilmington/profile/utility-water-company/suez-north-am erica-O25L-2317000 I also request that you extend the comment period because many Eagle residents don't know about EAG-W-18-01 Unique ldentifier: 160.3.1.112 1 Diane Holt From: Sent: To: Subiect: Name: Ruth Mayer Case Number: EAG-W-18-01 Email: ruthmayer@cableone.net Telephone: 2088605254 Address: 258 S. Cobblestone Way Eagle 1D,83516 Name of Utility Company: Eagle Water Company Comment: Hello My name is Ruth Mayer and I live in the affected area of the purchase of Eagle Water Company to Suez Water. I am a retired senior citizen and live on a fixed income. I understand that if Suez purchases Eagle Water Company my rates will go up about 2OO%to 3OO%. That would put a great strain on my income. Also I am concerned about who would have the water rights. Please do not approve the sale of Eagle Water Company to Suez Water Thanks Ruth Mayer U niq ue ldentifier: L6O.3.2LO.L64 ruthmayer@cableone.net Friday, December 14,2018 2:24 PM Beverly Barker; Diane Holt; Erik Jorgensen; Matthew Evans Case Comment Form: Ruth Mayer 1 Diane Holt From: Sent: To: Subject: Name: Ryan Brill Case Number: Eag-w-01 Email: Brillrt@yahoo.com Telephone: 2088508330 Address: 1000 n. Echohawk Eagle |d,83616 Name of Utility Company: Eagle Comment: I find it impossible to understand why a company that is for profit, based in France, should have control over a natural resource in eagle ldaho! I am appalled, disgusted, and will do whatever I can to prevent this from occurring. This is akin to taxation without representation ! U niq ue ldentifier: L66.L37 .246.53 Brillrt@yahoo.com Friday, December 14,2018 1:24 PM Beverly Barker; Diane Holt; Erik Jorgensen; Matthew Evans Case Comment Form: Ryan Brill 1 Diane Holt From: Sent: To: Subject: Name: Lorrie Argabrite Case Number: EAG-W-18-01 and SUZ-W-18-02 Email: Largabrite@hotmail.com Te le pho ne : 2O89OL-254L Address: 2463 E. HEATHFIELD CT Eagle 1D,83616 Name of Utility Company: City of Eagle water Comment: I have been researching into the proposed buy out of our water to Suez water company. Do you really care so very little of our citizens? With a little research one can find they have a D with the BBB. They consistently buy out companies,charge more and provide much less! You are doing a great job! lf you need to increase our bills to provide what you are now,it is better than what Suez will provide. lf fracking continues to contaminate the water all around us, soon clean drinking water will be worth more than Oil! Please DO NOT LET SUEZ take over our water supply here in Eagle. U niq ue ldentifier: L7 4.208.24.65 Largabrite@ hotmail.com Friday, December 14,20187:12 AM Beverly Barker; Diane Holt; Erik Jorgensen; Matthew Evans Case Comment Form: Lorrie Argabrite 1