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Transcription
is Mr* E, Reiarick Rate Spread (continued) You may not desire to disturb the Motels. I would be inclined to raise the house rate not more than 10$ * This would carry through to the first step in the Motel. Such a change, with the 2$ for additional lawn yardage, would give art added revenue of |8,U§3 a year. The system integrated return would be 5*&% on the Historical basis and 5*9% cm the Investment basis. Having in mind possible higher actual revenues, as well as certain items that will probably be disallowed, an additional increase of sorawhere in this range would be all that is needed* I would rather hesitate to make any revised filing for higher rates. I feel there would be too much adverse reaction and, in the end, you probably will not receive any benefit dollarwiae from it* I trust this review may be helpful, complete set up of the rate spread. What is needed is a Very truly yours, RAW «r Enc. i
