20251212Application.pdf

RECEIVED
DECEMBER 12, 2025
IDAHO PUBLIC
UTILITIES COMMISSION
r.
December 11, 2025
Commission Secretary
Idaho Public Utilities Commission
11331 W. Chinden Boulevard
P.O. Box 83720
Boise, ID 83720-0079
Dear Commission Members,
Enclosed with this cover letter are an original and seven copies of an Application for
Issuance of Debt&Securities for CDS StoneRidge Utilities LLC to incur debt in the amount of
$183,861 through Washington Trust Bank in Coeur d'Alene, Idaho.
CDS StoneRidge Utilities LLC requests that the commission issue an order approving
issuance of these securities on or before January 12, 2026.Applicant:further requests that this
Application be processed under Modified Procedure pursuant to Rule 201, as the issues
presented are straightforward and do not require an evidentiary hearing.
I
Sint re
6aj Karupiali
Man ging Member

2
Chan Karupiah /
CDS StoneRidge Utilities LLC
STONERlOGE
121=1oliday Loop
ge
Blanchard Idaho 83804 54On0.D lUtilities
P.o.r3ax 298
(208)-437-0649 ula»diard,rn 83804
Ph izasl 437-3148 ExIn.4
utilities(cr stoneridgeidaho.com
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
IN T'I IE MATTER OF TFIE APPLICATION Case No. SWS-W-25-03
OF CDS StoneRidge Utilities LLC,FOR
AUT14ORIZATION TO BORROW FUNDS Application
TO MAKE WATER SYSTEM
IMPROVEMENTS
COMES NOW CDS StoneRidge Utilities LLC,hereinafter referred to as "Applicant" or
"StoneRidge Water" and holder of Certificate of Public Convenience and Necessity No. 395 from
the Idaho Public Utilities Commission hereby applies to the Commission for authorization to
borrow$183,861 for Department of Environmental Quality(DEQ)specified water system
improvements.
Applicant is a limited liability company duly qualified to do business in Idaho. The
Applicant provides water service to 343 residential and 30 commercial customers in or about the
community of Blanchard in Bonner County,Idaho.
As of November 30 of 2025, StoneRidge Water maintains approximately$25,000 in
unrestricted reserves,which is insufficient to cover the$1.83,861 cost of the DEQ-required
backup power project. Therefore, external financing is necessary and prudent.
Applicant requests the Commission for authorization to incur$183,861 in debt to pay for
improvements to the water system. The Idaho DEQ, in its last sanitary survey, identified several
system deficiencies which required immediate action. StoneRidge Water has submitted a general
rate case(SWS-W-25-02)to address several of the issues with the highest probability of system
failure. Of these critical issues there is only one that StoneRidge Water is unable to fund using
internal reserves: the installation of a backup power system.Attached as Exhibit A is an.abridged
copy of StoneRidge Water's most recent sanitary survey,with the most relevant section
highlighted for convenience(full sanitary survey available in SWS-W-25-02 or upon request).
Also attached as Exhibit B is the comprehensive cost estimate from Bigfoot Technical Services
for purchase and construction of the backup power system. This estimate includes the generator
itself as well as all associated hardware and software, and an estimated 160 hours of labor for
preparation, construction,testing, configuration and operator trailing.

3
Applicant has acquired terms for financing the backup power project f•om its primary
financial institution,Washington Trust Bank in Coeur d'Alene, Idaho in the amount of$183,861.
Attached as Exhibit C is a copy of the term sheet from Washington Trust for the$183,861 loan
with a term of 5 years at a 7.12%interest rate.Applicant originally pursued a 10-year•term, but
Washington Trust was only willing to approve a 5-year term.
Attached as Exhibit D is a copy of the Applicant's balance sheet for the most recent year.
As demonstrated on the balance sheet, StoneRidge Water's only existing liability is its DEQ
Happy Valley loan. This existing liability is only due to StoneRidge Water's previous owners'
mismanagement of loan funds,and a plan to cure this debt has been proposed in the Applicant's
SWS-W-25-02 general rate case,with the support of the DEQ.
Attached as Exhibit E is a copy of the publication notice being sent:to the Bonner Country
Daily Bee for general circulation in the service area.A customer notice(Exhibit F)of this
application will be mailed to all existing customers.
CDS StoneRidge Utilities LLC respectfully requ sts favorable consideration of this
Application. Please direct any questions or correspondel ce,relating to 'he Application to the
Applicant as indicated on page 4.
Resp c fu ly
f
Cl]all karuprs7i"-,.
Managing Member
Verifieation
1, Chan K.arupi.ah, Declare as follows:
I am the Authorized Agent of CDS StoneRidge Utilities,LLC,Applicant in the above-
captioned case. I have read the foregoing Application, know the contents thereof and believe the
same to be true and correct to the best of my knowledge and belief.
I eclare under pe arty of perjury of the laws of the state of Idaho that the foregoing is
true and orrect.
r6ied - �� J✓ Idaho OI1 this E t day of {�u _ , 2025.
CDS S tie LLC
Chai K'rupiah,Managing Member

4
Table of Contents
Exhibit - _ Pa a Number
Exhibit.A: Most Recent DEQ Sanitar Sy urvg _ 5 - 15
Exhibit B: Backup Power Project Quote 16 - 18
Exhibit C:Washington Trust Bank Loan Term Sheet 19--20
Exhibit D: C_DS_StoneRidge Utilities Balance Sheet __ 21 —22
Exhibit E: Publication Notice — 23
Exhibit F: Customer Notice 24
Communications
Correspondence regarding this application should be addressed to:
Kyle Karvpiah
StoneRidge Water—Secretary
PO Box 770
Bayview,ID 83803
(425)-890-6490
[e-mail]

5
Exhibit. A: Most Recent DEQ Sanitary Survey
2110 ironwood Parkway Brad Lillie,Governor
Coeur d'Ak;ne,10 83814•(2081769.1422 Joss ByT ere,Director
September 5,2025
Stoneridge Utilities
Teresa Zamora,Administrative Contact
utflities_Pstonerigeida ho.com
Subject:'101.090009 Stoneridge Utilities Sanitary Survey conducted July 17,2025
Dear Teresa:
A sanitary survey was rmently conducted for Stoneridge utilities. This letter provides the sanitary survey report and
photos foryour records.
Significant Deficlencies:Significant deficiencies Identified in this report must be addressed after consulting with
the Idaho Department of Environmental Quality(DEQ),Coeur D Alene Regional Office. Consultation and a
written corrective action plan are required within 30 days of any significant deficiencies and/or follow-up
requirements identified In this notification(IDAPA 58.01.08). Follow the four steps identified In the sanitary
survey report to address all significant deficiencies.
Deficiencies:Submit a corrective action plan within 30 days for deficlerrcies requiring a response.Other
deficiorscies and requirements must be corrected when feasible or during modifications of existing processes or
facilities.
Recommendations:Recommendations identified in the report are not required to be corrected at this time,but
It Is recommended.
Consult DEQ before taking specific corrective actions or modifying the water system.Modifying your public water
system or installing new components may require assistance from an Idaho licensed professional engineer and DECVs
review and approval.Contact this office before making modifications to your system.
Thank you for your help in completing the sanitary survey.For questions,contact Doug Ebert,Drinking Water
Compliance Officer,Coeur 11'Alene Regional Office,208•6"4630,6oualas1bert0d daho.g¢v.
Sincerely,
Doug Ebert,Drinking Water Compliance Officer
Encl(s):Sanitary Survey Report and Findings,Photo Log
ec: Anna Moody,Drinking water Compliance Supervisor-DEQ,anna.moodvt8deo.idaho.eov
Bob Kuchenski,Designated Operator,bobPlntegritvwater,net

6
Exhibit A: Most Recent DEQ Sanitary Survey Cont.
Sanitary Survey Report
Water system Stoner€dge Utilities Survey Date July 17,2025
PWS# (01090009 Source($) Groundwater
County Bonner PWSType Community
Inspector Doug Ebert Connections/Pop M/940
System Rep(s) Bob Kucenski-Opcaratar,Jeff Merictley,•Financial Contact,Teresa Zamora-administrative Contact
Narrative
The Stoneridge water system(Stoneridge)is a privately owned public water supply system that serves
condominiums,single-family homes,a golf course,and Individual RV parking pads within the Stonefidge community.
The water system is regulated by the Public Utilities Commission.
In August of 2004,Stoneridge purchased and connected to the water system of the adjoining residential community,
Happy Valley Ranchos(HVR).The happy Valley Ranchos portion of the water system has had a legacy of total
coliform,iron,and corrosion problems.The Happy Valley Ranchos water system had been treated for Iron removal
and was performing pilot tests for corrosion control using stannous chloride.Since being purchased by Stoneridge in
2004 and switching to using only the Stoneridge water sources,the Happy Valley Ranchos portion of the system has
seen improved water quality.As a result.,the water is no longer treated for Iron removal or corrosion control.
STONERIDcr (INCLUDING HVR)
WATER SCH''EMATIC PROFILE f— � :�+t "1
scm�
t54Epa
yip
atY+>:siP+"t uF q ,To* tp�tr( yfy y,`o` " "
!pp Sli~fL"N� ~ IvIST�'i�tYY•'
Figure 1:Stoneridge U5''tvi manu€rt 5chernotrc,foe Ufr nw,ad,2007(2013i`G02661 j
There currently are a total of 376 service conneedons serving a population of 940 in three pressure zones.A large
percentage of the population within the Stoneridge community is transient and seasonal.In 2018,the Stoneridge
system changed ownership from CDS Stoneridge Utilities to JD Resort,Inc.The system consists of two drilled wells,
two booster stations,voluntary chlorination,and three storage reservoirs(7 tanks),which hold a total capacity of
347,000 gallons.The system utilizes Supervisory Control and Data Acquisition(SCADA)where.Several system
components are tied In through a primary logic controlier(PLC);.the wells,Stoneridge Reservoir and Stoneridge
Booster are tied to the PLC with remote SCADA access.
t.

7
Exhibit A: Most Recent DI Q Sanitary Survey Cont.
Sources
The sources of water for this system are two wells,Well 1 and Well 2,drilled Into a sand and gravel deposit In the
Ra.thdrum Prairie Aquifer approximately 750 feet south of Blanchard Creek.Well 1 and well 2 combine in Pump
House 2 to form a welifieid,Wellfield(1&2).Both active wells meet all:requirements fo r setbacks.No toxic or
hazardous substances were observed within proximity of either Well 1 or well 2.
Both wells are located on a golf course and are within 50•feet of fairway and tee box maintained areas.The static
watef level for Well 1 and Well 2 is approximately 94 feet.Idaho Rules for Public Drinking Water Systems,(IDAPA
58.01,08.512.01)prohibits the use of pesticides,herbicides,or fertilizers on well lots without Department approval.
stoneridge representatives and the operator were unsure of any applications.please confirm with golf course
maintenance staff that chemicals are not applied within 50 feet of either well.
Source Water Assessments were completed for both Well 1 and Well 2 on January 15,2002,and updated on January
10,2020.No existing groundwater problems were identified.Shallow injection wells were noted within the 3-year
time of travel source water delineation for both wells.A G%IVUDl(Ground Water Under the Direct influence of Surface
Water)determination was made for both wells on October 4,1999,Both Well 1.and well 2 were determined to be
groundwater.
Well 1:
No welt log was found for Well i(E0005117).well 1 is located Inside a pump house.Welt 1 is a 12•inch diameter
cased well,approximately 150 feet deep.According to the 1995 sanitary survey,the Well 1 pump was rebuilt in 1983
with a 125-foot hp Gould's vertical turbine line shaft pump.Well 1 produces approximately 1,100 gpm.There is rw
well discharge to waste;however,the well can be pumped through the welffleld manifold In Pump Rouse.2 to a fire
hydrant.
The Well 1 pump house(Pump House 1)Is adequately ventilated.A smooth-nosed sample tap,accessible check
valve,and pressure gauge are located on the Well 1 effluent line.An additional check valve and dedicated tot2.lizirg
flow meter are located in Pump House 2.The air vac and well vent were screened.The Well 1 pump house was clean
and secure.
Well 2:
Well 2,formerly called Well 3,(E0005118),is located approximately 30 feet west of the wellfield pump house(Pump
House 2).The well log on record does not appear to be the correct well log{2019ACA3055).The correct.well log is
filed In Laserfishe(101090W9 Welt 2 log).well 21s sealed and vented.Well 2 produces approximately 600 gpm and
Is equipped with an A.Y.McDonald 5 stage 100 hp submersible pump.According to the well drillers report,this 10•
Inch diameter well was drilled in 2005,to a depth of 145 feet.it Is screened from 125 feet to 145 feet and has a
sanitary seal of bentonite clay to 30 feet.The accessible check valve,totalizing flow meter,and pressure gauge are
located In lump House 2.The well cap on Well 2 is equipped with lockable bolts.but no lock was attached.'there is
no smooth nose sample tap for Well 2 prior to chlorination and mixing with bVell 1.
Well 3,formerly Well 2,has been abandoned.It is approximately 10 feet from Pump.house 2.The screen in this well
collapsed.Well 3 Is physically disconnected from the system,and a steer lid Is welded over the top of the casing.
Well 1 and Well 2 are ntanifoided together in Pump House 2 to form Welifleld(1&2).The names of the wells appear
to have changed since the original O&M Manual(2018AGD2601)was:completed in.2007.At some point after 2007,
well 1 and 2 were combined as a Wellfield and Well 3 became the abandoned well.
Well 2 does not have a sample tap that is property located before treatment.This Is a deficiency to be corrected
when modifications are made to the system.If a repeat sample triggers a totat coliform sample from well 2,the
sample must be flushed of all chlorine prior to sampling.
2

8
Exhibit A: Most Recent DEQ Sanitary Survey Cont.
Stonerdge Pump House(Pump House 2)
Wells 1 and 2 pump Into Pump House 2.Pump House 2 is located midway between Well l and 2.on the Stoneridge
Golf Course.This pump house contains the smooth-nosed sample tap for Well 2,flowmeters,pressure gauges,check
valves,and SCADA components.The smooth nose sample tap Is located after chlorination and after the manifolding
of Well 1 and We112.Voluntary chlorination is performed for both Well 1 and Well 2 individually inside Pump House
2.Water from each well goes through a check valve,flow meter,and is chlorinated before they are manifolded.The
Weilffeid manifold discharges water to the Stoneridge Reservoir,the Stoneridge distribution system,and to the gaff
course for Irrigation.A line from abandoned Well 3 Is plumbed Into the welifieid manifold but Is capped.
The fine going to the golf course for irrigation is metered and contains what appears to be a double check backflow,
assembly(OCUA).Idaho State Plumbing Code,Chapter 6,Section 603.5.6 states that OCBAs are no longer allowed In
lawn sprinkler applications.DCtiAs Installed prior to March 28,2018,do not need to be replaced unless.they can no
longer be tested.This DCOA is required to be tested annually by a 9ackflow Prevention Tester licensed in Idaho.
Each well is chlorinated prior to the manifold using a 10:1.mix of.12.5%sodium hypochlorite solution.Because the
golf course(irrigation)fine is after the manifold,the.irrigation water is chlorinated.Two chlorine metering pumps
chlorinate each well using a constant flow LMI pump with automatic cut off switch.Two EMI chlorine pumps,
containers and Injection ports appeared clean.An eyewash station Is installed in Pump(louse 2.The room has
appropriate ventilation and heating.The Stoneridge pump house was clean and well-maintained,and it was securely
locked to prevent unauthorized entry.
Stoneridge Reservoir
After chlorination at Pump House 2,water Is discharged Into the looped distribution system that ends In a single
1,500-foot 10•Inch transmission line to the Stoneridge Reservoir.The Stoneridge Reservoir is located on a separate
lot,approximately 14 mite west of the Intersection of Stoneridge Rd and Blanchard Elk Rd,off of Forest Way.The lot is
secured appropriately from unauthorized entry by a cattle gate and chain link fence gate.The last Inspection of the
Stoneridge Reservoir was in February 2024.
The Stoneridge Reservoir Is a 315,000-gallon reservoir that ride's on the system.this reservoir is a semi buried
concrete tank In fair condition.The tank is 58 feet in diameter and 1G.s feet talt with a single cast in place center
column.The tank.has a single access batch in the roof.Pump control sensors are suspended from the roof of the
tank.
The fast inspection of the Stoneridge Reservoir was In February 202.4. There were some visible cracks in the side of
the tank and an active leak on the west side of the tank(photos 4546).The access ladder to the reservoir roof was
property secured.The roof is sloped to drain and contains a fait amount of moss growth and debris(photos 52-54).
The reservoir roof access hatch Is property constructed,and the gasket is in need of repair(photo 56).The Interior of
the reservoir was clear~and in good condition.The hatch was properly secured,and the reservoir vent was
appropriately screened,and clear of debris.
The combined overflow and drain discharge were in good condition.The overflow discharge piping drains to daylight
at a small ravine located approximately 100 feetwest of the reservoir.The overflow discharge piping was
appropriately screened.
The reservoir water level Is controlled by a transducer connected to the wells vIa SCADA.From the reservoir,water
gravity feeds to the Stoneridge booster station(Pump House 3).Pump House 3 was constructed In 2004 to provide
service to the adjacent community of Happy valley Ranchos.
Stoneridge Booster Station(Pump House 3)
Pump House 3 boosts water from the Stoneridge reservoir to the happy Valley subdivision using 2 x 15 hp Super E
variable speed centrifugal pumps.The pumps are activated by transducers located in the Happy Valley Midlevel
Reservoirs.Water boosted to the Happy Valley subdivision Is re-chlorinated at Purnp House 3.The booster station
3

9
Exhibit A: Most Recent DEQ Sanitary Survey Cont.
houses one sodium hypochlorite solutions container,which Is property sealed.Two tMi pumps inject a 10.1.nrix of
12.5%sodium hypochlorite solution Into the booster effluent fine.The tMI pumps are provided with auto flow cutoff
to prevent chlodnat€on when the centrifugal pumps In tile booster station are off.
Pump House 3 contains electrical control panels and the SCADA system;an eyewash station;ventiiation and heat;
and a smooth-nosed sample tap prior to the boosters.The booster station also contains a noncompliance sample
tap just prior to chlorine Injection,which is used to collect chlorine data and construction samples for internal system
use.The booster station is properly secured and lockers with accessed restricted.
To provide fire flow to the Happy Valley Ranchos subdivision,a bypass check valve is connected In parallel with the
booster pumps.The low-pressure valve connects to a 6-Inch water main that terminates at a hydrant approximately
%mile west of the pump house on the corner of Mountain View Drive and Blanchard Road.This valve will activate
when a fire pumper truck lowers the pressure in the dedicated main and it allows a flour of 1,000 gpm to the hydrant
ata reduced pressure.This valve was installed to provide fire protection in the Nappy Valley service area.
The fire hydrant and check valve pit is the sole connection between the Stoneridge distribution system and the
Happy valley Ranchos subdivision added In 2004.After passing:the check valve pit,water continues to the Happy
Valley Midlevel Tanks.
Happy Valley Midlevel Tanks 1-3
The Happy valley Midlevel tanks serve approximately 40 homes and the Happy Valley Midlevel Booster Station.The
Happy Valley Midlevel Tanks are located on Mountain View Road and consistof one 10,000-gallon metal tank and
two 3,000-gallon Spokane Wilbur vault concrete tanks,they 10,000-gation tank is$-feet in diameter and 29-feet tong
with a 2.0-Inch hatch located midway on the tank.According to records,the 10,M-Balton tank was sand blasted and
painted with an epoxy coating in 200S.
The two 3,000-gallon concrete tanks were added to the steel tank with plans and specs DEQ approved In September
2001.Approval was"contingent upon the new reservoir lids must be of shoebox design with the sealed lid
overlapping the riser.As the plans indicated,the lids must be sealed"(2019ACAS679).The lids on the 3,000-gallon
tanks are not of shoebox design(photos 80-97).
DEQ approved these tanks as-built in April 2002(2017AGO2076),Ali of these tanks are buried.These tanks were
designed to have 3 separate In/outflow pipes.the 10,000•gallon tank has only one common Inlet,outlet,drain,and
overflow pipe.One of the 3,000-gallon tanks has one overflow pipe and one nutlet/inlet/drain pipe.The other 3,000-
gallon tank has one combination inlet/outlet/drain with no overflow.Because all three tanks are hydrautically
connected through common inlet pipes,the second 3,000-gallon tank serves as the overflow for all tanks.Valves
can be operated to isolate the tanks and/or drain to waste through a screened discharge line across the road:from
the tanks;however,If the tanks are Isolated,then they do not have a functional overflow.
According to the 2007 O&M Manual(2018AGD2601),the tanks can be operated together or the 10,000-gallon tank
separate frorn the two 3,000-gallon tanks.For that statement to be true,then a single inlet/outlet/drain/overflow
pipe would not be possible as shown In Figure 2.Previous design iterations Include a second drain outlet and
overflow on the large tank;however,the later,design dates with as-built drawings have those connections removed.
Figure 2 depicts the as-built drawings with the latest date stamped on them.According to the 2(07 O&M manual,the
overflow for the 10,000-gallon tank is connected to the tank vent at the same elevation as the other tank overflows.
Overflows combine and drain on the opposite side of the road,
4

]0
l'Ahibit A: Most Recent DEQ Sanitary Survey Cont.
:1.
5.
t a'.
�ir�`.sflfFtluY�,rk..6i14 + ... ..
i rr!e 2:Na stty Vc7Jts y Rrarrchos i rater$yctertI Gown^r 7artkSO As Burrt.2002(2027A60:0yJ)
The a"ess risers were desigined and appftiyed to be only 6-4tches.*lusve grade and are now less than 6.inches on
two of the three tanks_The access riser on the W,000 gallon tank Is apprgiclmately 12•Inches above grade.'the 3,000-
gallon tanks were.only designed to be burled 12•Inches below grade.°tank covers are plastic and fiberglass bolted
covers:the covets were not removed during this survey;the ref the hatch gaskets were not Inspected.The covers
were cracked and had missing bolts 1phdtos 80.891•Each tank is separately rrented.Vents appeared to be in good
roriditimi and were screened.
Significant deficlencies at the Midlevel R.esefvoir Tanks Include:
1. The two 3,000 gallon tanks ltave.tids that are cracked andjorltatre.missing boils and the construction design
does not meet.the contingent approval of lids with a shoebdi(Ogsign.forany of the three tanks.
x. The manholes are notelevated.at[east 24-Inches to prevent coitaminatlon from snow and storm water.
Inaddition,there is no record or the last inspection or leaning of any pfthethree tanks.Inspections and cleaning are
n2commended every 5 years.
Happy Valley Midlevel Booster Sfatlon.("mp House 4)
The l3appy Valley Midlevel Booster Station IN located across the.ropd.f.rom the}4ap.py Valley Midlevel Tanks,on the
other side of Wuntain Vieth Road.The t+ Idlevel Booster Station'pumpsto.the upper pressure zone homes and the
Uppet t evel Tanks through a 4-inch dlstObution plpe.it Is honed.by a"panel enclosure with a metal roof.It
sere-es homes built above the Happy Volltry.Midlevel Tanks and ttie Happy Valley upper level Tanks.The booster
station consists or two 7.5 hp centrifugal pumps configured In pafolleL These pumps.yield about 45 gpm each.
The booster station also contains asmooth-nosed sample tap,ciYeck.araisies,:lsalation valves;pressure garages,and
electrical panels.There were holes cut into the side watts of tite station,;aril ifieSe had been filled with towels/rags.
The towels and rags filling the holes In the wall are also depicted In pliatLts:from the 2019 Sanitary Survey Indicating
that the holes have not been fixed in the last 6 years.There is an abandohOd propane tank on the pump house lot.
but otherwise,but no hazardous..materials are kept an site.
5

11
Exhibit A: Most Recent DEQ Sanitary Survey Cont.
Happy Valley llpp.erLevel Tanks 1-3
The three unclergroursd Nappy valivy Upper level Tanks were designed similar to the Midlevel Tanks with a 10,000-
gallon steel.tank and.twp,3ADO- allon concrete tanks-Water is pumped from the Happy Valley Midlevel Boaster
Station to the Happy Valley Upper.Level Tanks.The steel tank appears to have been designed and approved In 1976.
According to the O&M Plan,tl*10,000-gallon tank was sand blasted and,painted with an epoxy coating in 2005.
Figure 3 depicts the 10,600—gallon steel tank dimensions as:approved In 1914.
v Z a i r yn�KC�jd f »f
J � 3 ;_ p �' �`i 4✓�r�fi tAh F Y ns
m
�fi
i Ig r 3:i4rrp y VOPt y lA Wr .t TOOk-,19746{dfJi7AsG 073,i
The two 3,000-gallon concrete tames wero added to the steed tank at the same time the two 1,000-gallon tanks were
added to the Midlevel Tanks.plans andspecs were DM approved do S.eptiLp3l r 20pi.Approval was"contingent
upon the new reservoir ptds roust be of shoebox design with die sealed lid overlapping the riser.As the plans
indicated;the lids must be se4le41.tP19ACA56F9).'Fioe lids on the 3,t1At)-Salton tanks are not of shoebox design
(photos us-116),
6

12
Exhibit A: Most Recent DEQ Sanitary Survey Cont.
I LIN
F U
t
12 LOT 10
Is
----------
IMM P
oil w..
..... ........ ML
Igure&Happy Volley Ranchos Oppertevel ranks&Wised As-Agile,70al(2018ACI05209)
The access risers are approximately 12 Inches above grade and the three vents were appropriately screened-The as-
built drawings indicate the manholes be a Minimum crf 24 inches above.grade.The hatclios on the two 3,000-gallon
tanks were cracked and broken but were securely attached(photos 114-1161.The hatch for the steel tank was of
shoebox design and locked.The hatch gasket on the steel tank needs repair(photo 109).Internal inspection was
possible for the steel tank but the lids for the two 3,OW-gallon tanks were not opened.
The combined overflow for the tanks discharged to the east into a drainage area.The overflow drain was screened
but needs to be cleaned out(photo 119).The overflow pipe for the steel tank is attached to the vent pipe which
means that the tank will overfill slightly before overflotWing.
Tfw as-built drawings in Figure 4 indicate that there is a drakn to daylight line along the west property line.The drain
was not located during this survey.The 2007 O&M tetanal(201.SAG02601)states that the diain discharges on the
west side of the tank lot opposite from the overflow drain.The as-built dfawiogs indicate that all three tanks are
hydraulically connoted;however,according to as-built drawings;the.two%W-gallon tanks are aligned in series.
The observed configuration of the tanks also suggest that the tanks are connected in series.
Even though the O&M.manuat states that"the Upper Level Tanks are Configured the sarrle as the Midlevel Tanks',
the as-built drawings show them both as being configured differently with the Midlevel Tanks being,in parallel and
the Upper Level Tanks being in series.Tanks in series may have problems with water age because there is noflow-
through of the tanks to ensure that the water in the second tank is not becoming stagnant.There is no record of the
last inspection or cleaning of any of the three tanks.In response to the survey,inspect these tanks and provide
photographic documentation of the drain location and condition,as well as the condition of the hatch seats.Also,
confirm the configuration of the three tanks with inlets,outlets,overflows,and drains.
significant deficiencies at the Upper Levet Reservoir Tanks include:
7

13
Exhibit A: Most Recent DEQ Sanitary Survey Cont.
1. The construction of the two 3,000-gallon tanks rifles not meet the contingent approval of lids with shoebox
design.The tank 3l€d is broken and open to the air.The gasket on the lid to the 10,000-gallon tank is of
shoebox design but the gasket needs repair or replacement.
2. The manholes of the 3,000-gallon tanks are not elevated at least 24.-inches.to present contamination from
snow and storms water.
In addition,thereisno record of the fast inspection or cleaning of any of the three tanks.Inspections and cleaning are
recommended every 5 years.
Treatment/Disinfection
Stoneridge provides voluntary chroriutlon.The chlorination system at the Stoneridge pump house{Pump House 2}
consists of two LMi chemical feed pumps that are tied directly to each of the two well discharge pipes,allowing
manual adjustment for chlorination proportional to flow.Cutoff switches stop power to the chlorinators in the event
the booster pumps are not running.Two solution tanks are also housed in Pump House 2.NSF Certified 12.5%
Sodium Hypochlorite solution is mixed 30:1 in two day tanks.
Chlorine boosting is incorporated into the Happy Valley Booster Station(Pump House 3)and consisis of two LMI
chemical feed pumps.Both pumps inject chlorine into the:efffuent fine from the station,and chlorination is manually
adjusted and provided with auto flour cut off in the event the booster pumps:are not running.Only one solution tank
is housed at the Happy Valley Booster Station.Certified 12.5%Sodium Hypnthlofite solution is mixed 10:1 in the
single day tank.
Distribution
The distribution system for the Stoneridge water system consists of 3•to 10-inch ductile iron and PVC.The Happy
Valley subdivision is comprised of glued schedule dD PVC and the Stoneridge system is comprised of C900 PVC.There
are approximately 49 fire hydrants in the Stoneridge service area,and one fire hydrant in the Happy Valley service
area.All fire hydrants are served by 6-inch mains.All of the dead-end lines have flushing hydrants.Dead end mains
are required to be flusher!every six months.The valves are exercised at least once per year.One.non-potable fill
station is located at the wastewater treatment plant and,according to water system management,is clearly labeled
as non-potable.
A cross connection control policy is dated March 3,2006,and can be found in the 2007 O&M Manual.All privately
owned backflow preventers are required to provide proof of tasting each fall.Stoneridge water Company owns one
backflow preventer for the irrigation system on the golf Course.The golf course backflow proventer is overdue for a
test.A test is schedasled in August 2025 with annual testing scheduled for Apt it 1 every year after.This is a significant
deficiency.The corrective action plan proposed is noted and will be tracked until the inspection is completed_Please
provide a copy of the inspection certificate when complete to close this significant deficiency.
The system has a written Operations and Maintenance Manual,which provides system details related to permits,
plants,operations and controls,and maintenance.This plan dates from 2007,and System administrative personnef
should review this manual for correctness and update as needed.After the configuration of the Midlevel and tipper
Level Tanks are confirmed,the O&M Manual should be updated to ensure accurate information aid proper
operation.
Monitoring Schedule
The system is required to collect one 4.31 routine total cofiform bacteria sample per month.The revised total coliform
rule{RTCRj sampling plan may not be representative ofthe distribution system.The sample plan does not specify
frequency of sampling at.each location and does not include upstream and downstream sample Iodations.Please
update the revised total collform rule(RTCR)sampling plan to specify the location of each monthly total soli brm
sampling location to include their upstream and downstream re-sample locations.A template for total col'sform
sample siting plans can be found at:h o•Jhvwvwy dea idaho itovlwater-oualitvrdrinkine-waterlpws-switchboard.aSR

14
Exhibit A: Most Recent DEQ Sanitary Survey Cont.
Stoneridge utilities is required to collect one(1)disinfectant by-product sample(TTHM and HAAS)every year during
the months of July through September.According to the DBP Sample Site Plan on file(Laserfiche 2018),the sample
locations approved are.the Stoneridge.Booster Pump Station(Pump House 3)and the Midlevel Pump House(Pump
House 4).The only sample location sampled in the last 10 years is the Stoneridge Booster Pump Station where
chlorine is added to boost chlorine before being delivered to the Midlevel Tanks,midlevel pressure zone connections,
Upper Level Tanks,and upper level:pressure zone connections.
In general,TTHhq sample sites should be representative of areas in the distribution system where you expect to find
higher levels of TTHM throughout the year,TTHM formation is influenced by residence time(older water r higher
TTHMs). HAA§sample sites should be representative of areas in the distribution system where you expect to find
higher levels of HAAS throughout the year.HAAS sites will not necessarily be the site with the longest residence time
and may even be at a site with shorter residence time.For this reason,a more appropriate.sample location is at the
Midlevel Booster Station(Pump House 4).
Pump House 4 is immediately after a storage reservoir for the midlevel pressure zone_It is at a location of higher
residence time,after storage;and after booster chlorination but it is not completely at the end of the distribution
system.The sample location at the Midlevel Booster station is already approved as a DBP sample site.Given that the
Happy Valley Ranchos addition to the wale°system has historically had more biological activity and the mid and
upper levels of the system are represented by Happy Valley Ranchos,please collect at least one sample for TT111A and
HAAS at:the Midlevet Rooster station tot comparison to pievicyus year sampling at the Stoneridge Booster Station_
Annual nitrate sampling is also required at Wellfield(1&2).Please refer to the Public Water System Switchboard for
current monitoring schedules and other important information located at:htt : wwv.,.de Jdaho_ ov water-
aualityldrinking-%vaterlows-switchboard.astsx.Please check the monitoring schedule frequently to make sure any
changes to the sample schedule are noted.
System Management,Security,and Operation
The water system is working with Boise State University to evaluale system security.They anticipate beginning their
security assessment later this year and completing it in 2426.
This system is current with their DEQ drinking water fees.A licensed operator is required per the Rules.Robert
Kuchenski is the Msignated Operator for the system.His licenses(DWD2-1.4715 and DW'T2.10956)are current,due
to expire Fe.b€uary 1,2026.
9

15
Exhibit A: Most Recent DLQ Sanitary Survey Cont.
Other Deficiencies
Otfier deficiencies niu t be coreected when feasible or during modifications of existing processes or facilities.
1. wells
WELL#2 I E000S11 S}
Question#10-is a raw water smooth nosed sample tap provided on the discharge pipe?(prior to any treatment) No.
Noj The sample top is installed after treatment.
The discharge pipe forWell#2(EODOSi18}does not provide a sample tap that is property located,or the sample tap
that is used to collect bacteria samples is not of the smooth-nosed type without interior or exterior threads and/or is
a mixing faucet and or is of the petr=k type and/or has a screen and/or has an aerator(IDAPA 58.01.09.511.01).
A row•watersample top should he smooth•nosed►sdth no interior or exterior threads;screen,aerator,or other
attached appurtenances to allora Jar pronrr sompling techniques and to decrease the rick of contominating a sample
during reflection.
2, Pumps
#a ues{lark 23 > rrr2ti$io>amtnun Y Ptri+ degra k &y pressurise the d�tr quKton s ttf ut> a power(,utago (c
nPr1 Ne
vothe TAe tin r atrcr+rr p to e essur up p tr ay ih d rent Tories d p rr lit r4n the'°farrte o year,
The t grntttrnrt grutt etetluafy}srsstrrize the drstrlbts�ian system tfrtrkrtl��}rowan o itcTjtT'There rs nQt
aua atag,s�r lthefr t lYay+anrfdut ticaiiofptrwer fate r?s xperi�np tl6�rthi ##errrti trrtrtriti5 3lteaitt9
ttaxert9:i?rrjYde st2t{�t>y prsive�tsr.adegiat�sttir;=�ge#aal>ktes jl DARrI�st3.p1O� l��Ay gig,
A'490. y power 3s�quit,'d r the canGnv s t t lotion d¢n itersl #l+€tx wltA fra4 ttf rp�e#rr latres %ver
airtases,rrriy r4ueYsterrr#fe#sesstrrirdii rdrr rind i rer�tes the opportanrt for bnlr4rtiti lx 1ra #x essur of Harr
�atabie,+Fya�€r tram rlorrrestaa,fntfr,stnp��at`++islfutnpnalec�uttes,which rrfay�3�i,lt Fh corltramfl3t,ftp�tkf lrhetlrYnku,
3. Storage Tankes
HAPPY VALLEY MIDLEVEL TANKS 1-3(ST1090009HVI.2.31,HAPPY VALLEY UPPER LEVEL TANKS 1-3
(ST109OW9HW,5,S}s and STONERIDGE RESERVOIR fST10900095R11
Question#9-Can the storage structure be isolated from the system without depressurizing the distribution system?
No.
All finished water storage tarts provide pressure directly to the distribution system and cannot be isolated from than
distribution system without causing a loss of pressure in the distribution system(IDAPA 58:A1.08.544..011 and
54.E.02).install a Means to isafatE the Storage facility without causing a loss of pressure in the it; system the
next.time material modifications occur to the system.
The water sy stem distribuVein system needs to be destgned such that it will not We pressure when a tank is taken
offNne for cleaning and repairs.When storage tanks need to be removed from service formolntenance or cleoaning,
distribution pressure must not drop befow 20 psi.
14

16
Exhibit B: Backup Power Project Quote
NOV
#*Z# PO Box 114
01gfoot Rathdrum,iD 83858
[phone] Office
TOA4 hical servicos billing0bigtbott.s.com
-WWW*Ibtgfbotts.com
$tonqdfte Goff Community
WeR.Generator Installation
We apprn.We the opportunity to provide.yov..with this solution.
Stonerldile Golf Community has requested 9.quote to-install a back-up generator
t their well site.Bigf1pot
Technical Services proposes the installaVoO of at P".ZODKW 0200GC CATIg
"Or with a 600A automatic
tr;tTWer:Fwjtch'keam,Osslvinteg.rated w*t.h6Jre.ki9tIng lejernetrY s0tent.-A A'W.MJE StOtt Will be installed to
nrus. current from pump# affis time. This.generator will be•cppabfe of operating both well
purh sfrk*#WO..O.n.tofiipbwert4liara.art 4.P. telemetry system.
lw�i S
The new CAT.generator will come witha we4therproof enclosure.,sound:attenv#lon,24-hour,fuel tank,
Mrna!jent magnet and inspedion froinWMstem States CAT. The
gen iotprw l(lbetransporte4by crane 4ndset. n*a concrete pad prepared appr6ximately 10-12 feet,northwest
of the 010 well house by Cplm Water Coo***i`
. v0^ A ful)im. mmisslonitig will r).4ur after fueling the generator
With?OPiiw6tatJv05:QfJboth Western Tei;bnlca)S6vke6.*h site,
Unde aw automatic.*traiis --swit andmain
rground.condutt will be ran froni.O.Wg# rator toa nc fer ch disconnect
anthe exterior of the old:well,house facing 1herkew
genet ter pad, Utility power will be
oihirqu.sh the new main disconnect to the transfer switch. Taps from the transfer,switch will feed both
connects and power the entire site.-A new accessories circuit will be ran from the existing lowwoltage
distirliptallon,P#nel to the generator to power the coolant heater and battery ch
Mer.
A vewp6ilt.*stott:will be installed In the OX191 0 '-Oart will be a Steller SRS5 foil
featured. O�npgl starter cabinet;The*�off­
featured.soft Man. This starter will enablO.Olifoot Technical Setvlcez tq.11.rqlt the lri-rvsh current on the 42$,HP
Pu.Mp'. a AmMlee size generator lasustaift the toad, Wift Inthe starter cabinet will bLs iftered
to fagilftw the new starter.
The tmqsfdtr�Wstch and 11 etormectedtotheexistingP PLC to a.w tpr.*p
... .. .gerteratorwilb Owerstatus. TheMwill
cbmrftvmia�i�*back to.the master H M I infori4ti :n SU'ch as transfer switch N�.. rid generator status.
Notlilt,iMns can be customized upon request.from an operator.
This pr9poil-includes.#11 equipment/par4.464.11abo.r necessary to PrWde a complete turnkey solution,from
the.pripspective of our responsibilities,miardi4j.electrical,telemetry,C.qn0 pVls,A I communication as s eclfled
In the Scope of vaork below.Any extltrsjon and client provided equiptnent 0 Moks.-wilt also be.noted.]
Ngfoot Technical Services(ffig(votTS)will perform the following scope of work:
Page 1 of 3

17
Exhibit B: Backup Power Project Quote Cont.
k. All parts and tabor included:
Equipment&parts Included In this proposal:
• CAT 20OKW D200GC Generator with PMG Excitation and oversized Generator End
• NEMA 34 480V 600A 3PH Automatic Transfer Switch with Solid Neutral
• NEMA Sit 480V 600A 3PH Main Service Disconnect with RKS Fuses
• Generator Pad Prepared by Cairn Water Construction
• Housekeeping Pad for Transfer Switch and Disconnect Prepared by Calm Water Construction
• Modbus Expansion Module for Existing PLC
• Stellar SRS5 Soft Start
• Conduit and Wire as Necessary for All Power,Controls,Accessories,Etc.
Brief labor description:J260 hours)
• Trenching and Site Preparation Provided by Calm Water Construction
• install Underground Conduit
• Backfill Trenching
• Pad Pouring Provided by Calm Water Construction
• Set Transfer Switch and Main Disconnect
• Run Interior and Exterior Surface Conduit
• Set Generator by Crane
• Pull and Terminate Necessary Wiring
• Install and Configure New Soft Start
• Update Pt(:and HMi Programming
• Configure Generator and Transfer Switch
• Site Acceptance Testing
• Operator Training
2. The following are excluded from this proposal;
• landscaping on the golf course may be damaged or altered during construction, Bigfoot
Teetyn.ical Services will not be held responsible for any damage to landscaping or buried systems,
f materials.
• Mill Techn'zcal Services does not guarantee DEQ compliance.Customer Is responsible for
communicating any compliance requirements outsido the scope of the NEC as adopted by the
state of Idaho,
Page 2 of 3

18
Exhibit B: Backup Power Project Quote Cont.
Tataf Proposal Cost: $18F3 860.84
Upon approval of.this.pfoposal'.a deposit of W7;860.84would be repaired to begin the project,
Baiting•-The remaining balance of. 66 d130.4ff will be dice upon completion of the scope of work in this project,
as Specified in this proposal.
Acceptance of proposal-Oy.sii ning this proposal anti returning a copy to BigfootiS;the above or attached:
price$,specifications,and Conditions are satisfactory and are hereby accepted,81gfootTS is authorized to do the
work as specified.
Scheduling--Upon receipt of both the sighed proposal and the depoxix,:a.BigfootTS representative will contact
the.client's Agent to setup a job schedule.
Warranty-All equipment:furnished by BlgfootTs are covered by the manufacturers"standard warrantees.
Exceptions to the warrantees include the following.lightning damage,vandalism,fire,or other natural disasters.
Confidentiality-The use of the-information contained in this prapcsal;,is idtenrieti.to remain between 8igfaot7S
and its employees,and the:client and their employees.Use'of this.fr►formatlort sutsttie of the intended parties is
prohiblted,without the express written permission of slgfoot Technical Servioes_
DATE DATE
`gym u
sigifootTS`Agen,Printed Name Client's Agent Printed Name
8igfoat ntSignature client's Agent Signature
Page$of 3

19
Exhibit C: Washington Trust Bank Loan Terra Sheet
't'�ashintton Trust Bank
'Perin Street
Decemhcr 4,2025
Washington"crust Bank(the"Bank".)is pleased to present this temp sheet for CDS Stoncridge
Utilities,LLC(the"Borrower").The proposed rates and terms contained in.this term slket are for
discussion purposes only and are not a commitment to provide financing for the Borrower. This
term sheet is only a starting point ofdiscussions to better understand a potential financing stnacture.
A final transaction, if mutually agreeable terms can be retched, will be evidenced by final
documents executed by the Borrower, the Bank and, perhaps, others. We appreciate the
opportunity to prewatt these terms.
/'aciftil I••-
'ITYPE OF FACILITY: Ten-A loan
ANIOUN,r: S 183,1161
PURPOSE: Purchase and install buck-up generator
INTEREST"FE: hate to be fixed for five(5)years at.the 5-yr
Treasury Constant Maturity plus 3. 01%at time of
loan closing. Current indicative gate as of December
4,22025 is 7.12%.
Interest will be calculated on a 360-day year basis
over the actual number of days elapsed.
PAYMENT TERMS: Dual principal and interest payments due monthly,
60 ttwnth amortization.
NldATURITV HATE: 5 ychrs.
FACILITY ITE.S: 0.75%loan origination fex.
PREPAYMENT FEE. Prepayrtient fee of 3%of prineipal prepaid in Ist
year,2%of the principal prepaid in 2nd year and t°ie,
of principal prepaid in 3rd year.
i%XPENSFS: All of the i3tutk's out-of=laocket cast and expenses
shall be paid by the Borrower.
Pate.#n1`2

?0
Exhibit C: Washington Trust Bank Loan Term Sheet Cojit.
(:ONDITIONS: Borrower and other Shall execute such dmument.s
and agreements as may be required by the Bank in
form and content acceptable to the Bank.
The Bank shall have approved tlhe facility pursuant
to its then current undenv iting policies and
procedures.
There shall be no adverse change in the llomower%
or any guarantor's financial condition or the value of
the collateral,if any.
ADDITIONAL INFORMATION if Borrower is an entity,the Batik will requite copies
NEEDED: of all formation documents necessary to evaluate the
owneaxhip and the authority of the entity.
The terms and conditions outlined above arc not intended to be a complete or definitive statement
of-the teens and conditions of the proposed financing and are,subject to the negation and execution
of final documents.
The Bank believes that the financing outlined.herein is a proprictmy financing proposal with
substantial value. Accordingly, confidentiality is of great importance. In consideration of
disclosing to the Bon-ower the propriewy inforntation contained in this teen sheet, the Bank
requests that the Bommer keep the infornuttion concerning the proposal confidential.
VNDF.R 1DAHO LAW,A PROMISE OR COMMITMENT TO LEND MONEY OR TO
GRANT OR EXTEND CREDIT IN AN ORIGINAL..PRINCIPAL AMOUNT OF FIFTY
`1 not1SAND DOLLARS ($50,000.00)OR MORE, MADE BY A PERSON OR ENTITY
ENGAGED IN THE BUSINESS OIL LENDING MONEY OR FXTENDING CREDIT,
MUST BE IN WRITING AND SUBSCRIBED BY THE PARTY CHARGED TO BE
E>NFORCLABLE.
THE ABOVl? OUTLINED PARAMETERS HAVE BEEN DEVELOPED BASED UPON!
PRELIMINARY DISCUSSIONS AND,AS SUCH,ARE SUBJECT TO MATERIAL CHANGE',
ACCORDINGLY, THIS TERM M SHEET 5i•I©ULD N()T BE CONgTRIJED AS A
COMMITMENT TO I.--,ND IJ--,ND AND SHOULD NOT BE USED BY THE: BORRC)NVE11 TO
INDUCE ANYONE.TO INVEST IN THE BORROWER OR ENTER INTO ANY OTI-11�
FORS4 OF BUSU IGSS TRANSACTION.
rilp it ashingtonTrl.t Myth
Page 2 of 2

21
Exhibit D: CDS StoneRidge Utilities Balance Sheet YTD
WA3 AM StoneRidge Utilities
i2P11125 Balance Sheet
Accrual Basis As of November 30,2025
Nov 30,25
ASSETS
Current Aswts
CheekfrtiglSavlatgea
131.1 WTES 1064 Ckg 26,1a1.35
Total CheekinglSavinga 26,141.35
Other Current Assets
141-Acctsiflotes Receivables-Cust, 16,604.29
145^Rccelvatrtes from Assoc.Compsrty 2,061.10
Total Other Current Assets 18,166,30
Total Current Assets 44,306.74
fixed Assets
t01.Plant In Service
101.304 Structure&trnprovernent 774,8W.00
101.So Supply Mains 123,943.00
101.311 Power PurrrpEquip 140,817.00
101.320 Purtlicallon Systems SA78.00
101-331 Services 138,786.05
101.334 meters 27,261.00
101.335 Hydrants ts.823.00
101.339 Other P&E 3,061.00
Total 101-Plant in Service f,267,563.9"a
108.1•Accumulated Depred"on
106.1.304 Ace.Oap.Struetllrnpr ,774,820.00
168.1.309 Acc.Dep Sply blame -90,tial.60
1141111.11,3111 Acc 0*pr Frump Lqui -1fW,841.00
t0S.1.320 Am Mpr.Purificat 5.31$,0U
t08.1.333 Acc.Depf Services 43,275.00
108.1.334 Acc Npr Meters 28,613.00
US_1.=Ace.Dep Hydrants; 43.037.00
109-1,339 Acc Depr Other P&E. 4,893.00
Total 108.1-Accurnulated Oepmdatlon -1,061,683.w
Total TiKed.Assets 225,886.95
'TOTAL ASSETS 270,103.60
_...._..___.._.._,_ .............
LIABILITIES$l OVITY
Liabilities
Current€.iabiriBes
Accounts aayaWe
20$00 *Accounts Payebk, 22,759. 8
TotalAccountaPayable ___...... _...,.,.�k_...._..22759.N8
Credit Cards
1311,2.Citl Costco Visa 328.M
Total Credit Cards 328,38
Wier Currc-rot Liabilities
182..3-Other Regulatory Assets 31, i0At1
223`Advances front Assoc.Companies 6.441 M
Total Ofbef Current Llablillies -28,519.45
Total Current Liabilities -3,431.t9

22
Exhibit. D: CDS StoneRidge Utilities Balance Sheet YTD Cont.
10:13AM StoneRitlge Utilities
12111/25 Balance Sheet
Accruaittanis As of Nowtnbn 30,2025
Nov A 25
......................__.._._..........
Lang Teri Liabilities
2Z4-Other Lang•Term Debt
224.1•Note Payabte Esprit Enterprises -16,218.00
224.2•DEQ HV Loan 104.005,43
Total 224•Other Lang•Term Debt #s7,787.4$
Total Long Term Liabilities 67,797.4.3
Total Liabilities 64.36624
Equity
200•equity Capital
207-13•Misc.Capital Accouata
Total 200•Equity Capital _ 746,536.V)
32000 r Members equity&detain Eaming -584,413.82
Net Income 23,714A 1
Total Equity 185,8WAS
TOTAL LIABILITIES 3.EQUITY 270,193.6%)

23
Exhibit E: Copy of Publication Notice
For Immediate Release
Media Contact:
Kyle Karupiah at(425)-890-6490 or kyle a,bayviewmarinas.com
CDS StoneRidge Utilities,LLC files General Rate Case
Blanchard,Ill -On December 11, 2025,CDS StoneRidge Utilities LLC filed all
application with the Idaho Public Utilities Commission(IPUC) for a proposed issuance of debt
and securities, to become effective January 12, 2026.
CDS StoneRidge Utilities LLC requests authorization to borrow$183,961 for
Department of Environmental Quality(DEQ)specified water system improvements.The Idaho
DEQ,in its last sanitary survey, identified several system deficiencies which required immediate
action. StoneRidge Water has submitted a general rate case(SWS-W-25-02)to address several of
the issues with the highest probability of system failure. Of these critical issues there is only one
that StoneRidge Water is unable to fund using internal reserves: the installation of a backup
bower system. The installation of a backup power system is a requirement by the Department of
Environmental Quality. The urgency of this requirement is highlighted in its last sanitary survey:
"The community PWS cannot adequately pressurize the distribution system during a power
outage.There is not adequate storage and the frequency and duration of power outages
experienced by this system constitutes a health hazard. Provide standby power or adequate
storage facilities (IDAPA 58.01.08.501.07.a)."
A copy of the Application is on file and available for inspection at the Idaho Public
Utilities Commission, 11331 W. Chinden Blvd. Building 8, Suite 201-A, Boise, ID 83714, and
the Company's offices located at: 12 Holiday Loop,Blanchard, Idaho 83804. The Application is
also available on-line at the Commission website littps://j)uc.idaho.gov. Refer to Case No. SWS-
W-25-03.
Written comments regarding the Company's proposal may be submitted to the Idaho
Public Utilities Commission via email by going to the following website:
https://pue.idaho.gov/Form/CaseComment. Please refer to Case No. SWS-W-25-03 in all
correspondence.Additionally,you can mail comments to the written address listed above.

24
Exhibit F: Copy of Customer Notice
CDS StoneRidge Utilities,L1.,C Files General hate Case
Blanchard, ID -On December 11, 2025,CDS StoneRidge Utilities LLC filed an
application with the Idaho Public Utilities Commission (IPUC) for a proposed issuance of debt
and securities,to become effective January 12, 2026.
CDS StoneRidge Utilities LLC requests authorization to borrow $183,861 for
Department of Environmental Quality(DEQ)specified water system improvements. The Idaho
DEQ, in its last sanitary survey, identified several system deficiencies which required immediate
action. StoneRidge Water has submitted a general rate case(SWS-W-25-02)to address several of
the issues with the highest probability of system failure. Of these critical issues there is only one
that StoneRidge Water is unable to fund using internal reserves: the installation of a backup
power system.The installation of a backup power system is a requirement by the Department of
Environmental Quality.The urgency of this requirement is highlighted in its last sanitary survey:
"The community PWS cannot adequately pressurize the distribution system during a power
outage. There is not adequate storage and the frequency and duration of power outages
experienced by this system constitutes a health hazard. Provide standby power or adequate
storage facilities (IDAPA 58.01.08.501.07.a)."
A copy of the Application is on file and available for inspection.at the Idaho Public
Utilities Commission, 11331 W. Chinden Blvd. Building 8, Suite 201-A, Boise, ID 83714,and
the Company's offices located at: 12 Holiday Loop,Blanchard, Idaho 83804. The Application is
also available on-line at the Commission website https://puc.idaho.gov. Refer to Case No. SWS-
W-25-03.
Written comments regarding the Company's proposal may be submitted to the Idaho
Public Utilities Commission via email by going to the following website:
1.3ttps://puc.idalio.gov/.'orni/CaseComment. Please refer to Case No. SWS-W-2.5-03 in all
correspondence.Additionally,you can mail comments to the written address listed above.