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Digital ID
upr000275-055
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I agree.(< % © - 2 am attaching statement showing estimated amounts refundable under our present Rule 9-A and propoiM new rule, a® we would undoubtedly be' required to extend the nroooseft rule, in ©vent it Is approved by the Commission, to all projeote now covered by contract as well as to future projects. It is estimated that of the 1866,88© new on deposit, or to be deposited in connection with contemplated projects, refunds under present Kale 8-A would be $140,884, or $160,838 if all refunds were mad© under the proposed, rule, He anticipate, however, each subdivider or developer will, In ©vent the proposed rule is adopted, elect the refund basis most favorable in each case, in which ©vent the probable refund will be $179,039. Wa. Reinhardt