2001Annual Report.pdf

ANNUAL REPOR T
OF
CDS Stoneridge Utilities,LLC
NAME
Stoneridge Resort,Blanähard,ID
ADDRESS
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED December 31,2001
PARTNERS
IN CORPOR A TED
August 27,2002
Idaho Public Utilities Commission
P.O.Box 83720
Boise,Idaho 83720-0074
Dear Idaho Public Utilities Commission:
Enclosed is the 2001 annual report for CDS Stoneridge Utilities,LLC in both hard copy
and electronic versions.CDS purchased the utility in the first half of 2001 and has beenworkingwithBobSmithofyourofficetocompilethenecessaryinformationforthisfirst
year.
There are some items on the report worth noting to clarify some of the figures we haveprovided.First,the commercial revenues for the utility have been grouped together for
2001 since they are relatively small.In 2002,the revenue from the golf course will bebrokenoutseparately.The golfcourse was closed for most of 2001 and opened at the end
of May 2002.Second,the electric pumping expenses were relativelysmall and absorbed
by a sister company of CDS Stoneridge Utilities.They will be shown separately underoperatingexpensesfor2002sinceitisexpectedthattheywillbeconsiderablylargerthantheywerein2001.
Essentially,2002 will begin to generate a larger volume of revenues and expenses.Moreofthetypicalcategoriesthatyouareusedtoseeinginanannualreportwillbeincluded
and the report will be filed in a timely manner.
Please call me if you have any questions.
Sincerely,
Kevin Anderson
CFO
Enc
4885 SOUTH 900 EAST,SUITE 100,SALT LAKE CITY,UTAH 84117 WWW.8RIDGEPARTNERS.NET PHONE [phone] FAX [phone]
60 EAST 3RD AVENUE,SUITE 112,SAN MATEO,CAUFORNIA 94401 PHONE [phone] FAX [phone]
2 TARA COURT,HOMDEL,NEW JERSEY 07733 PHONE [phone] FAX [phone]
ANNUAL REPORT FOR WATER UTILITIESTO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING 31-Dec-01
COMPANYINFORMATION
1 Give full name of utility CDS Stoneridge Utilities,LLC
2 Date of Organization Apr-01
3 Organized under the laws of the state of Utah
4 Address of Principal Office (number&street)4885 South 900 East,Suite 100
5 P.O.Box (if applicable)
6 City Salt Lake City
7 State Utah
8 Zip Code 84117
9 Organization (proprietor,partnership,corp.)
10 Towns,Counties served Stoneridge Resort and Golf Community in Blanchard,ID
11 Are there any affiliated companies?Yes
If yes,attach a list with names,addresses &descriptions.Explain any services
provided to the utility.
12 Contact Information Name Phone No.
President (Owner)Dean Allara 208 437 3148
Vice President
Secretary
General Manager Dean Allara 650 579 1350
Complaintsor Billing Kamie Hendershott 208 437 3148
Engineering Keith Rusho 208 437 3148
Emergency Service Keith Rusho 208 437 3148
Accounting Kevin Anderson [phone]
13 Were any water systems acquired during the year or any additions/deletionsmade
to the service area during the year?No
If yes,attach a list with names,addresses &descriptions.Explain any servicesprovidedtotheutility.
14 Where are the Company's books and records kept?
Street Address 4885 South 900 East,Suite 100
City Salt Lake City
State M
Zip 84117
Rev 3/02 Page 1
NAME:CDS Stoneridge Utilities,LLC
COMPANYINFORMATION(Cont.)
For the Year Ended Dec-01
15 Is the system operated or maintainedunder a
service contract?No
16 If yes:With whom is the contract?
When does the contract expire?
What services and rates are included?
17 Is water purchased for resale throughthe system?No
18 If yes:Name of Organization
Name of owner or operator
Mailing Address
City
State
Zip
Gallons/CCF $Amount
Water Purchased
19 Has any system(s)been disapproved by the
Idaho Division of EnvironmentalQuality?No
If yes,attach full explanation
20 Has the Idaho Division of Environmental Quality
recommendedany improvements?No
If yes,attach full explanation
21 Number of Complaints receivedduring year concerning:
Quality of Service 0
High Bills 0
Disconnection 1
22 Number of Customers involuntarilydisconnected 1
23 Date customers last received a copy of the Summary
of Rules required by IDAPA 31.21.01.701?1-May-02
Attach a copy of the Summary
24 Did significant additions or retirementsfrom the
Plant Accounts occur during the year?No
If yes,attach full explanation
and an updated system map
Rev 3/02 Page 2
NAME:CDS StoneridgeUtilities,LLC
REVENUE &EXPENSE DETAIL
For the Year Ended 31-Dec-01
ACCT #DESCRIPTION
400 REVENUES
1 460 UnmeteredWater Revenue
2 461.1 MeteredSales -Residential 47386.12
3 461.2 Metered Sales -Commercial,Industrial 3846.3
4 462 Fire Protection Revenue
5 464 Other Water Sales Revenue
6 465 Irrigation Sales Revenue
7 466 Sales for Resale
8 400 Total Revenue(Add Lines 1 -7)51232.42
(also enter result on Page 4,line 1)
9 *DEQ Fees Billed separatelyto customers Booked to Acct #
10 **Hookupor Connection Fees Collected Booked to Acct #
11 ***CommissionApproved SurchargesCollected Booked to Acct #
401 OPERATINGEXPENSES
12 601.1-6 Labor -Operation &Maintenance 27676.55
13 601.7 Labor -Customer Accounts
14 601.8 Labor -Administrative &General 2634.7
15 603 Salaries,Officers &Directors
16 604 Employee Pensions &Benefits 2333.76
17 610 PurchasedWater
18 615-16 Purchased Power &Fuel for Power
19 618 Chemicals
20 620.1-6 Materials &Supplies -Operation&Maint.
21 620.7-8 Materials &Supplies -Administrative&General 9031.98
22 631-34 Contract Services -Professional
23 635 Contract Services -Water Testing
24 636 Contract Services -Other
25 641-42 Rentals -Property &Equipment
26 650 Transportation Expense
27 656-59 Insurance 2682.59
28 660 Advertising
29 666 Rate Case Expense (Amortization)
30 667 Regulatory Comm.Exp.(Other except taxes)
31 670 BadDebtExpense
32 675 Miscellaneous
33 Total Operating Expenses (Add lines 12 -32,also enter on Pg 4,line 2)44359.58
Rev 3/02 Page 3
Name:CDS StoneridgeUtilities,LLC
INCOME STATEMENT
For Year Ended Dec-01
ACCT #DESCRIPTION
1 Revenue (From Page 3,line 8)51232.42
2 Operating Expenses (From Page 3,line 33)44359.58
3 403 Depreciation Expense
4 406 Amortization,Utility Plant Aquisition Adj.
5 407 Amortization Exp.-Other
6 408.10 Regulatory Fees (PUC)535
7 408.11 Property Taxes
8 408.12 Payroll Taxes 5971.06
9A 408.13 Other Taxes (list)DEQ Fees
9B
9C
9D
10 409.10 Federal Income Taxes
11 409.11 State Income Taxes
12 410.10 Provision for DeferredIncome Tax -Federal
13 410.11 Provision for DeferredIncome Tax -State
14 411 Provisionfor Deferred Utility Income Tax Credits
15 412 InvestmentTax Credits -Utility
16 Total Expenses from operationsbeforeinterest (add lines 2-15)50865.64
17 413 Income From Utility Plant Leased to Others
18 414 Gains (Losses)From Disposition of Utility Plant
19 Net Operating Income (Add lines 1,17 &18 less line 16)366.78
20 415 Revenues,MerchandizingJobbing and Contract Work
21 416 Expenses,Merchandizing,Jobbing &Contracts
22 419 Interest &Dividend Income
23 420 Allowance for Funds used During Construction
24 421 MiscellaneousNon-Utility Income
25 426 Miscellaneous Non-Utility Expense
26 408.20 Other Taxes,Non-Utility Operations
27 409-20 Income Taxes,Non-Utility Operations
28 Net Non-Utility Income (Add lines 20,22,23&24 less lines 21,25,26,&27)
29 Gross Income (add lines 19 &28)366.78
30 427.3 Interest Exp.on Long-TermDebt
31 427.5 Other Interest Charges
32 NET INCOME (Line 29 less lines 30 &31)(Also Enter on Pg 9,Line 2)366.78
Rev 3/02 Page 4
Name:CDS Stoneridge Utilities,LLC
ACCOUNT101 PLANT IN SERVICE DETAIL
For Year Ended 31-Dec-01
Balance Added Removed Balance
SUB Beginning During During End ofACCT#DESCRIPTION of Year Year Year Year
1 301 Organization
2 302 Franchises and Consents
3 303 Land &Land Rights
4 304 Structures and Improvements
5 305 Collecting &ImpoundingReservoirs
6 306 Lake,River &Other Intakes
7 307 Wells
8 308 infiltration Galleries&Tunnels
9 309 Supply Mains
10 310 PowerGeneration Equipment
11 311 Power Pumping Equipment
12 320 PurificationSystems
13 330 Distribution Reservoirs &Standpipes
14 331 Trans.&Distrib.Mains &Accessories
15 333 Services
16 334 Meters and Meter Installations
17 335 Hydrants
18 336 Backflow PreventionDevices
19 339 Other Plant &Misc.Equipment
20 340 Office Furnitureand Equipment
21 341 Transportation Equipment
22 342 Stores Equipment
23 343 Tools,Shop and Garage Equipment
24 344 Laboratory Equipment
25 345 Power Operated Equipment
26 346 CommunicationsEquipment
27 347 Miscellaneous Equipment
28 348 Other Tangible Property
29 TOTAL PLANT IN SERVICE O 688978.31 0 688978.31
(Add lines 1 -28)Enter beginning &end of year totals on Pg 7,Line 1
Rev 3/02 Page 5
Name:CDS Stoneridge Utilities,LLC
ACCUMULATEDDEPRECIATIONACCOUNT 108.1 DETAIL
For Year Ended 31-Dec-01
Depreciation Balance Balance Increase
SUB Rate Beginning End of or
ACCT #DESCRIPTION %of Year Year (Decrease)
1 304 Structures and improvements
2 305 Collecting &Impounding Reservoirs
3 306 Lake,River &Other Intakes
4 307 Wells
5 308 InfiltrationGalleries &Tunnels
6 309 Supply Mains
I7310PowerGenerationEquipment
8 311 Power Pumping Equipment
9 320 PurificationSystems
10 330 Distribution Reservoirs&Standpipes
11 331 Trans.&Distrib.Mains &Accessories
12 333 Services
13 334 Meters and Meter Installations
14 335 Hydrants
15 336 Backflow Prevention Devices
16 339 Other Plant &Misc.Equipment
17 340 Office Furniture and Equipment
18 341 Transportation Equipment
19 342 Stores Equipment
20 343 Tools,Shop and Garage Equipment
21 344 Laboratory Equipment
22 345 Power Operated Equipment
23 346 Communications Equipment
24 347 MiscellaneousEquipment
25 348 Other Tangible Property
26 TOTALS (Add Lines 1 -25)
Enter beginning&end of year totals on Pg 7,Line 7
Rev 3/02 Page 6
Name:CDS Stoneridge Utilities,LLC
BALANCE SHEET
For Year Ended Dec-01
ASSETS Balance Balance Increase
Beginning End of orACCT#DESCRIPTION of Year Year (Decrease)
1 101 Utility Plant in Service (From Pg 5,Line 29)
2 102 Utility Plant Leased to Others
3 103 Plant Held for Future Use
4 105 Construction Work in Progress O 688978.31 688978.31
5 114 Utility Plant Aquisition Adjustment
6 Subtotal (Add Lines 1 -5)
7 108.1 Accumulated Depreciation(From Pg 6,Line 26)
8 108.2 Accum.Depr.-Utility Plant Lease to Others
9 108.3 Accum.Depr.-Property Held for Future Use
10 110.1 Accum.Amort.-Utility Plant in Service
11 110.2 Accum.Amort.-Utility Plant Lease to Others
12 115 AccumulatedAmortization-Aquisition Adj.
13 Net Utility Plant (Line 6 less lines 7 -12)
14 123 Investment in Subsidiaries
15 125 Other Investments
16 Total Investments (Add lines 14 &15)
17 131 Cash
18 135 Short Term Investments
19 141 Accts/Notes Receivable-Customers 0 351.17 351.17
20 142 Other Receivables
21 145 Receivablesfrom Associated Companies
22 151 Materials &Supplies Inventory
23 162 Prepaid Expenses
24 173 Unbilled (Accrued)Utility Revenue
25 143 Provisionfor UncollectableAccounts
26 Total Current (Add lines 17 -24 less line 25)
27 181 UnamortizedDebt Discount &Expense
28 183 PreliminarySurvey &InvestigationCharges
29 184 Deferred Rate Case Expenses
30 186 Other Deferred Charges
31 Total Assets (Add lines 13,16 &26 -30)0 689329.48 689329.48
Rev 3/02 Page 7
Name:CDS Stoneridge Utilities,LLC
BALANCE SHEET
For Year Ended 31-Dec-01
LIABILITIES &CAPITAL Balance Balance Increase
Beginning End of or
ACCT #DESCRIPTION of Year Year (Decrease)
1 201-3 Common Stock
2 204-6 Preferred Stock
3 207-13 MiscellaneousCapital Accounts 0 688962.7 688962.7
4 214 Appropriated Retained Earnings
I5215UnappropriatedRetainedEarnings0366.78 366.78
6 216 ReacquiredCapital Stock
7 218 ProprietaryCapital
8 Total Equity Capital (Add Lines 1-5+7 less line 6)
9 221-2 Bonds
10 223 Advances from Associated Companies
11 224 Other Long -Term Debt
12 231 Accounts Payable
13 232 Notes Payable
14 233 Accounts Payable -Associated Companies
15 235 Customer Deposits (Refundable)
16 236.11 Accrued Other Taxes Payable
17 236.12 Accrued Income Taxes Payable
18 236.2 Accrued Taxes -Non-Utility
19 237-40 Accrued Debt,Interest &Dividends Payable
20 241 Misc.Current &Accrued Liabilities
21 251 Unamortized Debt Premium
22 252 Advances for Construction
23 253 Other Deferred Liabilities
24 255.1 Accumulated InvestmentTax Credits -Utility
25 255.2 Accum.Investment Tax Credits -Non-Utility
26 261-5 Operating Reserves
27 271 Contributionsin Aid of Construction
28 272 Accum.Amort.of Contrib.in Aid of Const.**
29 281-3 Accumulated Deferred Income Taxes
30 Total Liabilities (Add lines 9 -29
31 TOTAL LIAB &CAPITAL (Add lines 8 &30)0 689329.48 689329.48
**Only if Commission Approved
Rev 3/02 Page 8
Name:CDS Stoneridge Utilities,LLC
STATEMENTOF RETAINEDEARNINGS
For Year Ended 31-Dec-01
1 Retained Earnings Balance @ Beginningof Year 0
2 Amount Added from CurrentYear Income (From Pg 4,Line 32)366.78
3 Other Credits to Account
4 Dividends Paid or Appropriated
5 Other Distributions of Retained Earnings
6 Retained Earnings Balance @ End of Year 366.78
CAPITALSTOCK DETAIL
No.Shares No.Shares Dividends
7 Description (Class,Par Value etc.)Authorized Outstanding Paid
DETAIL OF LONG-TERMDEBT
Interest Year-end Interest Interest
8 Description Rate Balance Paid Accrued
None
Rev 3/02 Page 9
Name:CDS Stoneridge Utilities,LLC
SYSTEM ENGINEERINGDATA
For Year Ended 31-Dec-01
1 Providean updated system map if significant changes have been made to the system during the year.
2 Water Supply:Type of Water
Treatment:Supply
Rated (None,Chlorine Annual Source
Capacity Fluoride Production (Well,Spring,Pump Designationor location (gpm)Filter etc.)(000's Gal.)Surface Wtr)
Well #1 E0005117 1000 (gpm)Chlorine 67 Million Well
Well #2 E0005118 700 (9pm)Chlorine (Back up)Well
3 System Storage:
Total Usable Type of
Capacity Capacity Reservoir Construction
000's 000's (Elevated,Pres-(Wood,SteelStorageDesignationorLocationGal.Gal.urized,Boosted)Concrete)
Storage Tank 1/4 mile West of wells 325,000 15,000 Elevated Concrete
(Duplicate form and attach if necessary.Asterisk facilities added this year.)
Rev 3/02 Page 10
Name:CDS StoneridgeUtilities,LLC
SYSTEM ENGINEERINGDATA
(continued)
For Year Ended 31-Dec-01
4 Pump information for ALL system pumps,including wells and boosters.
Rated Discharge EnergyDesignationorLocationHorseCapacityPressureUsed
&Type of Pump**Power (gpm)(psi)This Year
Pump #1 Line Shaft Turbine 125 HP 1000 (gpm)115 (psi)
Pump #2 Line Shaft Turbine 75 HP 700 (gpm)115 (psi)
6483.17
**Submit pump curves unless previously provided or unavailable.Asterisk facilities added this year.Attach additional sheets if inadequate space is available on this page.
5 If Wells are metered:
What was the total amount pumped this year?67 Million gallon
What was the total amount pumpedduring peak month?21 Million gallon
What was the total amount pumpedon the peak day?1.1 Million gallon
6 If customers are metered,what was the total amount sold in peak month?2,812,100
7 Was your system designed to supply fire flows?yes
If Yes:What is current system rating?5
8 How many times were meters read this year?12
During which months?All
9 How many additional customers could be served with no system improvements
except a service line and meter?1000 +
How many of those potential additions are vacant lots?700 +
10 Are backbone plant additions anticipated during the coming year?no
If Yes,attach an explanation of projects and anticipated costs!
11 In what year do you anticipate that the system capacity (supply,storage or distribution)
will have to be expanded?2003/2004
Rev 3/02 Page 11
Name:CDS Stoneridge Utilities,LLC
SYSTEM ENGINEERINGDATA
(continued)
For Year Ended 31-Dec-01
FEET OF MAINS
In Use Installed Abandoned In Use
1 Pipe Beginning During During End of
Size OfYear Year Year Year
10"1355'1355'
8"5850 2000'7850'
6"PVC 7550'7550'
6"Ductile 400'400'
4"7900'7900'
3"1400'1400'
2"400'400'
12"100'100'
CUSTOMERSTATISTICS
Numberof Customers Thousands of Gallons Sold
This Last This Last
Year Year Year Year
2 Metered:
2A Residential 33 33 2,379,710 8,766,800
2B Commercial 1 1 1,603,000 4,821,000
2C Industrial
3 Flat Rate:
3A Residential
,
3B Commercial
3C Industrial
4 Private Fire Protection
5 Public Fire Protection
6 Street Sprinkling
7 Municipal,Other
8 Other Water Utilities
TOTALS (Add lines 2 through 8)34 34 3,982,710 13,587,800
Rev 3/02 Page 12
CERTIFICATE
State of Idaho )
)ss
County of iŠ3r3 <2.)
WE,the undersigned ya 10 ÑO f½2Ä i ¿Af
and
utility,on our oath do severally say that the foregoing reporthas been prepared under our direction,
from the original books,papers and records of said utility;that we have carefully examined same,and
declare the same to be a correct statement of the business and affairs of said utility for the period
coveredby the report in respect to each and every matter and thing therin set forth,to the best of our
knowledge,informationand
1
.'.(Chief Officer)
(Officer in Chargeof Accounts)
Subscribedand Sworn to Before Me
this Âí day of C &
NO UBLIC
My Commission Expires
gdklexcelljnelson/anuirpts/wtrannualrpt
Rev 3/02 Page 13
DBA Stoneridge Water Company
+++
P.O.Box 280 +Blanchard,Idaho 83804
Phone [phone] +Fax [phone]
To Our Water Customers:
This is a summary of the rules for termination of service for all Stoneridge WaterCompanycustomersasdeterminedbytheIdahoPublicUtilitiesCommission(IPUC).These rules cover the rights and responsibilities of the Customer and the Utility.Anexplanationofourrateschedulehasalsobeenincluded.
If you have any questions concerning this information please contact us or you candirectlycontacttheIPUC,P.O.Box 83720,Boise,Idaho 83720-0074,1-800-432-0369.
RULES FOR TERMINATIONOF SERVICE.
TERMINATIONWITH PRIOR NOTICE.
With proper customer notice Stoneridge Water Company may deny or terminate water service for one of thefollowingreasons:
1.Non-payment of a past due bill or payment of a past due bill with an NSF
Check.
2.Failure to honor the terms of a payment arrangement.
3.Obtaining service by false identity.
4.Refusing to allow access to the water meter of shut off valve.
5.Willfullywasting service through improper equipment or otherwise.
6.Failure to apply for service.
TERMINATIONWITHOUT PRIOR NOTICE.
Stoneridge Water Company may deny or terminate water service without notice for one of the followingreasons:
1.A situation exists that is immediately dangerous to life,physical safety or
Property.
2.To prevent a violation of federal,state or local safety or health codes.
3.Service is obtained,diverted or used without the authorization of Stoneridge Water Company.
4.StoneridgeWater Company has diligently attempted to notify you of termination and has been
unable to contact you.
5.If ordered by any court,The Commission or any other duly authorized public authority.
NOTIFICATIONAND BILLING
1.Meters will be read on the first day of each month (weather providing).
Bills will be sent out on the first with payment due by the 15th Of each month.The basicmonthlyfeeis$14.00 per month at this time,and .30 cents per 1000 gallons.
2.A billing may be considered past due (30)thirty days after the billing date.
A written notice of termination must be mailed at least (7)seven days before the proposedterminationdate.
3.At least (24)twenty-fourhours before the service is terminated,a notice
Will be left at the property advising you of the steps needed to have services restored.
4.When the (24)twenty-fourhour period has ended,another attempt will
Be made to contact you in person or by the phone before service is terminated.
5.Only a (24)twenty-fourhour notice is required if you do not make an
Initial payment according to the payment arrangement or the initial payment is not honored bythebank.
PAYMENTARRANGEMENTSAND SPECIAL CIRCUMSTANCES
If you cannot pay your billing in full or you receive a notice of termination,please call our office.
Payment arrangements can be make to avoid termination of service.If you cannot pay your bill and amemberofyourhouseholdisseriouslyillorthereisamedicalemergency,Stoneridge Water Companywillpostponeterminationofservicefor(30)thirty days.A written certification is required from a
licensed physician or public health official stating the name of the person who is ill,the nature of the
illness and the name,title,and signature of the person certifying the serious illness or medical
emergency.
COMPLAINT PROCEDURES
If at any time you have a complaint concerning the termination of service,policies and practices or anyothermatterregardingourservicepleasecontactStoneridgeWaterCompany,in person,by telephone
or in writing.Your complaint will be investigated promptly and thoroughly.You will be notified orally
or in writing the results of the investigation,and we will make every effort to resolve the complaint.Ifyouaredissatisfiedwiththeproposedresolutionofyourcomplaint,you may ask the IPUC to reviewthematter.Your request may be done orally or in writing.Your service will not be disconnected whilethecomplaintisbeinginvestigatedbytheutilityortheIPUC.
RESTRICTION OF TERMINATIONOF SERVICE
Service cannot be disconnected on Friday after 12:00 noon or on a Saturday,Sunday,Legal HolidaysrecognizedbytheStateofIdaho,or after 12:00 noon on any day immediately before any legal holiday.Service may only be terminated between the hours of 8:00 am and 4:00 pm.The employee sent tothepremisestoterminateservicewillidentifyhimself/herself to you and state the purpose of the visit.
This person is authorized to accept payment in full.
HOOKUP
The company reserves the right to deny hookups during the winter months due to adverse weatherconditions.New hookups will be scheduled as soon as weather conditions permit.
HOOKUP CHARGES AND MONTHLY FEES
A one time hookup charge of $(not determined yet)will be paid in advance for any new service
hookup.The extra costs of an out of the ordinary circumstances requiring additional equipment or
special construction techniques involved in the installation of a new service connection will be agreedtoinadvanceandputintowritingbythecustomerandthecompany.Only one residence per hookup
is allowed.Any irrigation usage will now be metered.The monthly rate is $14.00 per month.
Payment is due in full by the 156"of the month,bills will be considered delinquent by the 30th Of themonth.Arrangements can be made to pay in advance monthly,quarterly,semi-annual or annual.
RECONNENCTIONFEE
If water service is terminated,the balance in full,plus a reconnect fee of $14.00 (during office hours)
or $28.00 (after office hours)is due.
NO ONE EXCEPT AN AUTHORIZED AGENT OF THE COMPANY SHALL TAMPER WITH,INTERFERE WITH,MAKE REPAIRS,CONNECTIONSOR REPLACEMENTSOF OR ANY OFTHECOMPANIESPROPERTY,EXCEPT IN THE CASE OF EXTREME EMERGENCYSITUATIONS.
Stoneridge Capital Partners,LC,and Accelerated Technology Fund own StoneridgeUtilities,LC.Stoneridge Capital Partners also owns Stoneridge Land,LC and StoneridgeGolf,LC.
The rnanaging general partners in Stoneridge Capital Partners are Dean Allara,Dan
Stanger and Chris Young.
Bridge Partners is developing and managing the Stoneridge Resort.