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Transcription
n ?HH » 5 * X an at Wishing statement showing estimated amounts refundable uMir our present Rule 9**A and props®#4 now rule, as wo would undoubtedly be required to extend the proposed rule, la exeat it is approved by the Commission, to all projoots now severed by contrast ae well a# to future project*. It ie eetiaated that of the $266,885 new on deposit, or to be deposited in connection with contemplated projects, refunds under present Rule 8*1 would be $140(184, or *160,952 if all refunds were node under the proposed rule. We aatioi* pate, however, each subdivider or developer will, in event the proposed rule ie adopted, elect the refund basis mot Jevorabls in each case, in which event the probable refund will be f179,039. Ust. Reinhardt
