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the extension. Refunds may or may not he.made to suhdividers. Privately-owned utilities in California are governed hy rules and regulations established by the Public Utilities Commission. Under these rules, the privately-owned utility is required to provide a free footage allowance for single applicants. In the case of subdivisions, the subdivider is required to advance the total cost of the extension. Refunds to the subdivider are based upon a percentage of the gross revenue received from each consumer per year or the ratio of the free footage allowance to the total footage of extension for ’which the cost was advanced. (c) Financing practice in Las Vegas. In the past, water main extensions in the City of Las Vegas were financed under the rules and regulations placed on file with the Public Service Commission of Nevada by the Las Vegas Land and Water Company, a privately-owned utility. The particular rule relating to new extensions is Rule 9. This rule requires the applicant to advance the total cost of the extension if the extension is greater than 50 feet. The amount advanced is refunded quarterly at the rate of 35$ of the revenue received from the extension for a period of 10 years or until the full amount of the advance has been refunded, whichever occurs first. The las Vegas Valley Water District has continued to operate under the rules and regulations of Las Vegas Land and Water Company except that the rate schedule established in the rules has been raised to meet the cost of the expansion program now in progress and the practice Of refunding on advances in aid of new construction has been temporarily stopped. 3. Financial data for the Las Vegas Valley Water District. An analysis -12-