20070308Comment.pdf

I~,
3/1/0'1
v'fO AJ/./j;;
f' /,1
Idaho Public Utilities Commission
O. Box 83720
Boise, Idaho 83720
! . ,~ ,, \
2801 H.
1 t,' 0, -, I j-, \ U'
\i!,_~b
\\~:,,j,
Ul\Ln'\~::;j CU!\;iu :lv0i'
Dear Commission,
We are writing in regard to the proposed rate increase of the Stoneridge Water Company
Stoneridge is really growing: the new owners put in $ 3 million into improvements in the
golf course alone not to mention all the new signs, upgrades of roads etc. The
improvements have boosted land and home prices dramatically in the development. Lots
are now selling for as much and more than what we purchased our house for over 6 years
ago.The developers are now reaping their reward. We are all for someone making a profit
but not at our expense.
All the new water company improvements ( infrastructure) are involved in new homes
and townhomes. Why should present and old time home owners have to bear such an
increase especially when their golf course only increases 57%. Wow! We would like a
57% increase in our income.
Stoneridge Water Co. says it has invested nearly $450 000 since the last rate increase.
How much is this attributed to new development in which the owners will reap a reward?
How much is this attributed to the new well to service all the new homes? Last time we
looked capital improvements can also be depreciated. It sounds like greed!! We hope you
seriously consider these points in you decision making. Thank you for your time.
Sincerely yoursvJ~
/Yl~V:~
~rG""Z;r;G1,?(VG':-('Z": IZ;Wi(f~';-;~f,~Jj").I ):J .t,"h-
j' ~
:oP ,"-, r' -
, .' '.
Frank & Margee Van Vlymen
PO Box 172
Blanchard, ID 83804-0172