Summary |
A surcharge tariff to service $2,056,214 in Drinking Water State Revolving Fund (DWSRF) loans approved by the Public Works Board (PWB). Proceeds from the loans will be used for capital improvement projects on each of the company's four water systems. The company serves 880 customers located in Clallam, Kitsap and Mason counties. The loan contracts are low interest (1.5 percent), 20-year loans approved by the PWB with the condition that, prior to September 9, 2008, Aquarius obtains commission approval of rates to repay the loans. |