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a « * IShile present C ity Adm inistration was elected on a "M unicipal Ownership Program" we hare been advised that th ey have changed th e ir a ttitu d e toward the Water Company, although s t i l l a n ta g o n istic toward the Ligh t & Power Company. This is no doubt due to the p o s s ib ilit y o f securing cheap power w ith in the near fu tu re from Boulder Bam. ^heir a ttitu d e toward the Water Company is tempered somewhat by the fa c t th at Governmental loans fo r the purchase of Municipal plan ts are not as r e a d ily a v a ila b le as in the p a st, and by the la ck o f any adequate source of w ater supply. This change in p o lic y is substantiated by passage o f Ordinance above r e fe r re d to . Mr. Knickerbocker’ s le t t e r shows revenue o f L.V.L.& W.Co. as having increased 1931 to 1935 35.9$, while consumption increased during the same p eriod 39.9$. This is tru e, but i t w i l l be noted from fig u r e s shown below that the grea ter part o f increase in revenue occurred 1931 to 1932. This in crease is due in part to increase in number of consumers and in p art to increase in r a te s , w h ile there has been a constant in crease in consumption o f water each year. lumber $ Revenue $ Gallons $ Consumers Inc. Received Inc. Furnished Inc. 1931 1590 $38,005.11 650,000,000 1932 1801 13.28 50,887.45 33.9 756,919,000 16.5 1933 1837 2.00 50,865.91 - 814,096,600 7.5 1934 1883 2.50 51,690.98 1.6 876,933,000 7.7 1935 1886 - 51,664.02 - 907,437,300 3.5 This continued increase in consumption is common to a l l f l a t ra te systems and w i l l have to be curbed, in a d d itio n to providin g an increased source o f supply. W© wish to commend Mr. Bracken and h is fo r c e fo r the courtesy and cooperation extended during the pro gress o f th is examination. 0 . E. SWAM K. E. DARLIM5