20031110Notice of Application Order No 29376.pdf

Office of the Secretary
Service Date
November 10, 2003
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
IN THE MATTER OF THE APPLICATION
OF CAPITOL WATER CORP. TO USE
MONEY IN A SURCHARGE ACCOUNT TO
RETIRE A LOAN EARLY NOTICE OF APPLICATION
CASE NO. CAP-O3-
NOTICE OF MODIFIED
PROCEDURE
ORDER NO. 29376
On September 30, 2003 , Capitol Water Corp. filed an Application requesting
Commission authorization to use money in a surcharge account to retire a loan early. Capitol
Water states that it has $100 000 in a surcharge account. The Company says this became
possible because of two factors, the entire amount of the surcharge two loan has not been
borrowed and the interest rate on it was reduced from 7% to 5.65%. Capitol Water proposes to
use the money in the surcharge account to retire the surcharge one loan early. The Company
states that this loan is expected to be paid August 2004. The amount to pay this loan off is
about $63 000. The Company states that this would leave more than $40 000 to satisfy surcharge
two s obligations and surcharge one s uses for phosphate purchases, power, etc. The Company
contends that by retiring surcharge one early, it believes that money can be saved on the interest
charges and consumers ' bills. The Company requests the Commission approve its Application
quickly because it contends it is in the best interest of ratepayers.
NOTICE OF MODIFIED PROCEDURE
YOU ARE FURTHER NOTIFIED that the Commission has determined that the
public interest may not require a formal hearing in this matter and will proceed under Modified
Procedure pursuant to Rules 201 through 204 of the Idaho Public Utilities Commission s Rules
of Procedure, IDAPA 31.01.01.201 through .204.
YOU ARE FURTHER NOTIFIED that any person desiring to state a position on this
Application may file a written comment in support or opposition with the Commission within
twenty-one (21) days from the service date of this Notice. The comment must contain a
statement of reasons supporting the comment. Persons desiring a hearing must specifically
NOTICE OF APPLICATION
NOTICE OF MODIFIED PROCEDURE
ORDER NO. 29376
request a hearing in their written comments. Written comments concerning this Application
shall be mailed to the Commission and the Capitol Water at the addresses reflected below:
Commission Secretary H. Robert Price, President
Idaho Public Utilities Commission Capitol Water CorporationPO Box 83720 2626 Eldorado
Boise, ill 83720-0074 Boise, ill 83704
Street Address for Express Mail:
472 W. Washington Street
Boise, ill 83702-5983
These comments should contain the case caption and case number shown on the first page of this
document.Persons desiring to submit comments via e-mail may do so by accessing the
Commission s home page located at www.puc.state.id.us.Click the "Comments and Questions
icon, and complete the comment form, using the case number as it appears on the ftont of this
document.
YOU ARE FURTHER NOTIFIED that if no written comments or protests are
received within the time limit set, the Commission will consider this matter on its merits and
enter its Order without a formal hearing. If written comments are received within the time limit
set, the Commission will consider them and, in its discretion, may set the same for formal
hearing.
YOU ARE FURTHER NOTIFIED that the Application together with supporting
workpapers, testimonies and exhibits, have been filed with the Commission and are available for
public inspection during regular business hours at the Commission offices and on the
Commission s Website at www.puc.state.id.under the "File Room" icon.
YOU ARE FURTHER NOTIFIED that all proceedings in this case will be held
pursuant to the Commission s jurisdiction under Title 61 of the Idaho Code and that the
Commission may enter any final Order consistent with its authority under Title 61.
YOU ARE FURTHER NOTIFIED that all proceedings in this matter will be
conducted pursuant to the Commission s Rules of Procedure, IDAP A 31.01.01.000 et seq.
NOTICE OF APPLICATION
NOTICE OF MODIFIED PROCEDURE
ORDER NO. 29376
ORDER
IT IS HEREBY ORDERED that this Application be processed under Modified
Procedure. Persons interested in submitting written comments regarding this matter should do so
within 21 days of the service date of this Order.
DONE by Order ofthe Idaho Public Utilities Commission at Boise, Idaho this /0 f'.
day of November 2003.
MARSHA H. SMITH, COMMISSIONER
ATTEST:
ill.
D. Jewell
Commission Secretary
bls/O:CAPW0301jh
NOTICE OF APPLICATION
NOTICE OF MODIFIED PROCEDURE
ORDER NO. 29376