%PDF-1.6
%
9 0 obj
<>
endobj
25 0 obj
<>/Font<>>>/Fields[]>>
endobj
8 0 obj
<>stream
application/pdf
2019-11-27T11:52:26-05:00
Hewlett-Packard MFP
2019-11-27T11:52:48-05:00
2019-11-27T11:52:48-05:00
uuid:e99fac2f-f3c7-4155-8db4-2c30a889e794
uuid:a192c091-543b-4a98-8634-e430b3069c6f
Adobe Acrobat DC Paper Capture Plug-in
endstream
endobj
26 0 obj
<>
endobj
1 0 obj
<>>>/Type/Pages>>
endobj
23 0 obj
<>
endobj
22 0 obj
<>
endobj
4 0 obj
<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 270/Type/Page>>
endobj
7 0 obj
<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 270/Type/Page>>
endobj
40 0 obj
<>stream
q
783.36 0 0 600 6 6 cm
/Im0 Do
Q
BT
0.282 0.286 0.286 rg
/T1_0 1 Tf
-0.011 Tc 3 Tr 0 -9.8 9.8 0 738 541.7137 Tm
(The )Tj
0.0111 Tc 2.028 0 Td
(Woods )Tj
0.05 Tc 0 -9.818 9.8 0 738 487.8837 Tm
(Utility )Tj
0.016 Tc 0 -9.8 9.8 0 738 458.7737 Tm
(Company )Tj
0.0112 Tc 0 -10.3 10.3 0 725.15 541.4237 Tm
(Staff )Tj
-0.035 Tc 0 -10.1896 10.3 0 725.15 518.1337 Tm
(Assisted )Tj
0 -9.8415 10.3 0 725.15 478.6937 Tm
(Rate )Tj
0 -9.1756 10.3 0 725.15 455.4537 Tm
(Case )Tj
/T1_1 1 Tf
0.0209 Tc 0 -11.5 11.5 0 696.86 541.3337 Tm
(Bad )Tj
0.0396 Tc 1.916 0 Td
(Debt )Tj
0.357 g
0.0236 Tc 2.331 0 Td
(Expense )Tj
0.439 g
0 Tc 3.763 0 Td
(-)Tj
0.282 0.286 0.286 rg
0.0273 Tc 0.84 0 Td
(Although )Tj
0.357 g
0.0207 Tc 4.184 0 Td
(there )Tj
0.282 0.286 0.286 rg
0.0466 Tc 2.397 0 Td
(were )Tj
0.0255 Tc 2.428 0 Td
(no )Tj
0.05 Tc 0 -11.7687 11.5 0 696.86 320.8637 Tm
(pr)Tj
0.439 g
0 Tc 0 -11.5 11.5 0 696.86 310.7137 Tm
(e)Tj
0.282 0.286 0.286 rg
0.0207 Tc 0.45 0 Td
(liminary )Tj
0.357 g
0.0222 Tc 3.799 0 Td
(adjustments )Tj
0.004 Tc 5.279 0 Td
(were )Tj
0.282 0.286 0.286 rg
0.0379 Tc 2.237 0 Td
(recommended )Tj
0.0058 Tc 6.317 0 Td
(in )Tj
0.03 Tc 1.06 0 Td
(the )Tj
0.05 Tc 0 -11.5044 11.5 0 681.07 541.1337 Tm
(Staff )Tj
0.0252 Tc 0 -11.5 11.5 0 681.07 515.2537 Tm
(Report )Tj
0.357 g
0.0303 Tc 3.06 0 Td
(for )Tj
0.0368 Tc 1.54 0 Td
(Bad )Tj
0.282 0.286 0.286 rg
0 Tc 1.98 0 Td
(D)Tj
0.439 g
0.729 0 Td
(e)Tj
0.282 0.286 0.286 rg
0.0312 Tc 0.491 0 Td
(bt )Tj
0.439 g
0.05 Tc 0 -11.5282 11.5 0 681.07 413.5137 Tm
(Ex)Tj
0.282 0.286 0.286 rg
0.0324 Tc 0 -11.5 11.5 0 681.07 399.8437 Tm
(pense)Tj
0.439 g
0 Tc 2.41 0 Td
(, )Tj
0.282 0.286 0.286 rg
0.05 Tc 0 -11.6722 11.5 0 681.07 366.5337 Tm
(The )Tj
0 -11.5353 11.5 0 681.07 343.6937 Tm
(Woods )Tj
0.0234 Tc 0 -11.5 11.5 0 681.07 305.9237 Tm
(offers )Tj
0.0189 Tc 2.714 0 Td
(additional )Tj
0.0186 Tc 4.443 0 Td
(information )Tj
-0.008 Tc 5.212 0 Td
(to )Tj
0.357 g
0.0368 Tc 1.075 0 Td
(support )Tj
0.282 0.286 0.286 rg
0.0157 Tc 3.488 0 Td
(its )Tj
0.357 g
0.0139 Tc -37.409 -1.374 Td
(expense. )Tj
0.282 0.286 0.286 rg
0.0303 Tc 4.123 0 Td
(The )Tj
0.0319 Tc 1.883 0 Td
(customer )Tj
0.0185 Tc 4.163 0 Td
(base )Tj
0.357 g
0.05 Tc 0 -14.0534 11.5 0 665.27 400.7337 Tm
(of )Tj
0.282 0.286 0.286 rg
0.0463 Tc 0 -11.5 11.5 0 665.27 387.4637 Tm
(The )Tj
0.05 Tc 0 -11.5353 11.5 0 665.27 365.0037 Tm
(Woods )Tj
0.0188 Tc 0 -11.5 11.5 0 665.27 326.7737 Tm
(historically )Tj
0.0347 Tc 4.975 0 Td
(and )Tj
0.019 Tc 1.789 0 Td
(continually )Tj
0.0227 Tc 4.928 0 Td
(has )Tj
0.357 g
0 Tc 1.652 0 Td
(a )Tj
0.0313 Tc 0.731 0 Td
(significant )Tj
0.0289 Tc 4.795 0 Td
(amount )Tj
0.282 0.286 0.286 rg
0.0386 Tc -37.564 -1.374 Td
(ofuncollectable )Tj
0.357 g
0.0204 Tc 6.963 0 Td
(accounts, )Tj
0.0096 Tc 4.217 0 Td
(as )Tj
0.0354 Tc 1.127 0 Td
(well )Tj
0.0096 Tc 2.1 0 Td
(as )Tj
0 Tc 1.117 0 Td
(a )Tj
0.282 0.286 0.286 rg
0.05 Tc 0 -12.0342 11.5 0 649.47 354.6937 Tm
(high )Tj
0.0289 Tc 0 -11.5 11.5 0 649.47 328.7137 Tm
(amount )Tj
0.357 g
0.05 Tc 0 -13.2017 11.5 0 649.47 289.7837 Tm
(of )Tj
0.282 0.286 0.286 rg
0.0222 Tc 0 -11.5 11.5 0 649.47 276.4537 Tm
(theft )Tj
0.05 Tc 0 -13.2017 11.5 0 649.47 251.5737 Tm
(of )Tj
0.357 g
0.0227 Tc 0 -11.5 11.5 0 649.47 238.3837 Tm
(service )Tj
0.282 0.286 0.286 rg
0.0237 Tc 3.21 0 Td
(perpetuated )Tj
0.0318 Tc 5.175 0 Td
(by )Tj
0.357 g
0 Tc 1.298 0 Td
(a )Tj
0.282 0.286 0.286 rg
0.0239 Tc 0.768 0 Td
(large )Tj
0.0353 Tc -36.823 -1.405 Td
(number )Tj
0.357 g
0.05 Tc 0 -12.7758 11.5 0 633.31 501.7337 Tm
(of )Tj
0.282 0.286 0.286 rg
0.0258 Tc 0 -11.5 11.5 0 633.31 489.2337 Tm
(delinquent )Tj
0.0122 Tc 4.703 0 Td
(tenants. )Tj
0.0244 Tc 3.796 0 Td
(Typically, )Tj
0.046 Tc 4.637 0 Td
(the )Tj
0.357 g
0.0267 Tc 1.622 0 Td
(Commission )Tj
0.282 0.286 0.286 rg
0.0215 Tc 5.526 0 Td
(analyzes )Tj
0 Tc 3.865 0 Td
(a )Tj
0.357 g
0.0207 Tc 0.678 0 Td
(three )Tj
0.035 Tc 2.365 0 Td
(year )Tj
0.282 0.286 0.286 rg
0.038 Tc 2.067 0 Td
(average )Tj
0.357 g
0.0303 Tc 3.609 0 Td
(for )Tj
0.282 0.286 0.286 rg
0.034 Tc 1.482 0 Td
(bad )Tj
0.0129 Tc -38.917 -1.342 Td
(debt. )Tj
-0.035 Tc 0 -12.1934 12.6 0 617.88 511.9837 Tm
(In )Tj
0.0217 Tc 0 -11.5 11.5 0 617.88 498.7837 Tm
(consideration )Tj
0.05 Tc 0 -13.2017 11.5 0 617.88 431.2137 Tm
(of )Tj
0.0202 Tc 0 -11.5 11.5 0 617.88 417.8837 Tm
(this)Tj
0.439 g
0 Tc 1.52 0 Td
(, )Tj
0.357 g
0.0303 Tc 0.55 0 Td
(The )Tj
0.282 0.286 0.286 rg
0.05 Tc 0 -11.6567 11.5 0 617.88 372.3437 Tm
(Woods )Tj
0.017 Tc 0 -11.5 11.5 0 617.88 333.4737 Tm
(offers )Tj
0.0141 Tc 2.69 0 Td
(the )Tj
0.357 g
0.015 Tc 1.557 0 Td
(following )Tj
0.282 0.286 0.286 rg
0.0188 Tc 4.29 0 Td
(historically )Tj
0.0208 Tc 5.009 0 Td
(information: )Tj
0.196 0.2 0.196 rg
/T1_2 1 Tf
-0.0018 Tc 0 -8.7 8.7 0 584.82 207.4037 Tm
(Jan )Tj
0 Tc 2.015 0 Td
(-)Tj
0.05 Tc 0 -9.0722 8.7 0 584.82 183.9737 Tm
(Oct )Tj
0.282 0.286 0.286 rg
/T1_0 1 Tf
-0.035 Tc 0 -9.2376 10.3 0 570.13 536.3437 Tm
(Bad )Tj
-0.013 Tc 0 -10.3 10.3 0 570.13 516.9037 Tm
(Debt )Tj
-0.035 Tc 0 -9.8899 10.3 0 570.13 492.6537 Tm
(Expense )Tj
0.196 0.2 0.196 rg
/T1_1 1 Tf
0.0461 Tc 0 -10.4 10.4 0 570.13 396.6137 Tm
(2016 )Tj
ET
BT
/Suspect <>BDC
0.357 g
-0.035 Tc 0 -11.5525 12.4 0 569.39 329.3937 Tm
(2017 )Tj
EMC
/Suspect <>BDC
0.282 0.286 0.286 rg
/T1_3 1 Tf
0.05 Tc 0 -10.1845 10.1 0 569.39 266.2137 Tm
(2018 )Tj
EMC
ET
BT
-0.035 Tc 0 -8.4878 10.1 0 569.39 208.8537 Tm
(YTD )Tj
0.05 Tc 0 -10.1845 10.1 0 569.39 188.7037 Tm
(2019 )Tj
/T1_0 1 Tf
0.0131 Tc 0 -10.3 10.3 0 555.43 536.9137 Tm
(Water )Tj
/T1_1 1 Tf
0 Tc 0 -11.1 11.1 0 555.07 412.1537 Tm
($ )Tj
0.0325 Tc 0 -10.4 10.4 0 555.07 401.0237 Tm
(2,031.59 )Tj
ET
BT
/Suspect <>BDC
/T1_4 1 Tf
0 Tc 0 -12.4 12.4 0 553.96 343.0737 Tm
($ )Tj
EMC
ET
BT
0.357 g
/T1_3 1 Tf
0.028 Tc 0 -10.4 10.4 0 554.7 331.2037 Tm
(3,013.86 )Tj
0.282 0.286 0.286 rg
/T1_1 1 Tf
0 Tc 0 -11.1 11.1 0 554.7 278.8037 Tm
($ )Tj
0.0176 Tc 0 -10.6 10.6 0 554.7 268.0437 Tm
(2,124.84 )Tj
0 Tc 0 -11.1 11.1 0 554.33 215.6237 Tm
($ )Tj
0.357 g
0.025 Tc 0 -10.4 10.4 0 554.33 204.9137 Tm
(3,263.83 )Tj
0.282 0.286 0.286 rg
/T1_0 1 Tf
0.001 Tc 0 -10.3 10.3 0 540 536.9137 Tm
(Wastewater )Tj
/T1_4 1 Tf
0 Tc 0 -12.8 12.8 0 540 412.1337 Tm
($ )Tj
/T1_1 1 Tf
0.0376 Tc 0 -10.4 10.4 0 540 401.3837 Tm
(2,591.31 )Tj
/T1_4 1 Tf
0 Tc 0 -12.8 12.8 0 539.27 343.0737 Tm
($ )Tj
/T1_3 1 Tf
0.033 Tc 0 -10.4 10.4 0 540 331.2337 Tm
(2,486.30 )Tj
/T1_1 1 Tf
0 Tc 0 -11.1 11.1 0 539.64 278.8037 Tm
($ )Tj
/T1_3 1 Tf
0.0258 Tc 0 -10.4 10.4 0 539.64 268.0537 Tm
(2,687)Tj
0.439 g
0 Tc 2.432 0 Td
(.)Tj
0.282 0.286 0.286 rg
0.0109 Tc 0.253 0 Td
(21 )Tj
/T1_1 1 Tf
0 Tc 0 -11.1 11.1 0 539.64 215.6237 Tm
($ )Tj
/T1_3 1 Tf
0.0392 Tc 0 -10.1 10.1 0 539.64 204.6237 Tm
(1,788)Tj
0.439 g
0 Tc 2.444 0 Td
(.)Tj
0.282 0.286 0.286 rg
0.0397 Tc 0.257 0 Td
(59 )Tj
/T1_0 1 Tf
-0.0081 Tc 0 -10.3 10.3 0 524.21 537.3137 Tm
(Total )Tj
/T1_1 1 Tf
0 Tc 0 -12 12 0 523.47 412.1637 Tm
($ )Tj
/T1_2 1 Tf
0.0244 Tc 0 -9.8 9.8 0 523.47 401.7437 Tm
(4,622.90 )Tj
/T1_0 1 Tf
0 Tc 0 -10.3 10.3 0 523.11 343.0237 Tm
($ )Tj
/T1_1 1 Tf
0.0297 Tc 0 -10.4 10.4 0 523.47 331.3037 Tm
(5,500.16 )Tj
0 Tc 0 -11.1 11.1 0 523.11 278.8037 Tm
($ )Tj
/T1_3 1 Tf
0.0484 Tc 0 -10.1 10.1 0 523.11 268.4137 Tm
(4,812.05 )Tj
/T1_4 1 Tf
0 Tc 0 -13 13 0 523.11 215.6037 Tm
($ )Tj
/T1_3 1 Tf
0.0429 Tc 0 -10.1 10.1 0 523.11 204.8937 Tm
(5,052)Tj
0.439 g
0 Tc 2.47 0 Td
(.)Tj
0.282 0.286 0.286 rg
0.05 Tc 0 -10.3408 10.1 0 523.11 177.6837 Tm
(42 )Tj
/T1_1 1 Tf
0.0189 Tc 0 -11.5 11.5 0 474.98 541.7037 Tm
(Return )Tj
0.0426 Tc 3.093 0 Td
(on )Tj
0.357 g
0.0256 Tc 1.282 0 Td
(Equity )Tj
0.439 g
0 Tc 3.029 0 Td
(-)Tj
0.282 0.286 0.286 rg
0.0303 Tc 0.834 0 Td
(The )Tj
0.0284 Tc 1.922 0 Td
(Woods )Tj
0.0229 Tc 3.228 0 Td
(re)Tj
0.439 g
0 Tc 0.818 0 Td
(s)Tj
0.282 0.286 0.286 rg
0.0445 Tc 0.367 0 Td
(pectfully )Tj
0.0156 Tc 4.173 0 Td
(disagrees )Tj
0.0271 Tc 4.129 0 Td
(with )Tj
-0.0019 Tc 2.171 0 Td
(the )Tj
0.357 g
0.0314 Tc 1.49 0 Td
(second )Tj
0.019 Tc 3.195 0 Td
(sentence )Tj
0.282 0.286 0.286 rg
0.05 Tc 0 -12.2321 11.5 0 474.98 156.0437 Tm
(in )Tj
0.03 Tc 0 -11.5 11.5 0 474.98 143.1137 Tm
(the )Tj
0.357 g
0.05 Tc 0 -11.853 11.5 0 474.98 124.9337 Tm
(Staff )Tj
0.282 0.286 0.286 rg
0.0169 Tc 0 -11.5 11.5 0 459.19 541.6737 Tm
(Analysis )Tj
0.05 Tc 0 -11.774 11.5 0 459.19 496.9537 Tm
(on )Tj
-0.0045 Tc 0 -11.5 11.5 0 459.19 481.8537 Tm
(Is)Tj
0.439 g
0 Tc 0.727 0 Td
(s)Tj
0.282 0.286 0.286 rg
0.0159 Tc 0.43 0 Td
(ue )Tj
0.357 g
-0.013 Tc 1.296 0 Td
(5. )Tj
0.0463 Tc 1.251 0 Td
(The )Tj
0.282 0.286 0.286 rg
0.0284 Tc 1.954 0 Td
(Woods )Tj
0.021 Tc 3.221 0 Td
(is )Tj
/T1_3 1 Tf
0.0498 Tc 0.99 0 Td
(not )Tj
0.357 g
/T1_1 1 Tf
0 Tc 1.724 0 Td
(a )Tj
0.0255 Tc 0.795 0 Td
(subsidiary )Tj
0.05 Tc 0 -12.7758 11.5 0 459.19 286.4737 Tm
(of )Tj
0.0372 Tc 0 -11.5 11.5 0 459.19 273.8737 Tm
(U.S)Tj
0.196 0.2 0.196 rg
0 Tc 1.674 0 Td
(. )Tj
0.282 0.286 0.286 rg
0.0308 Tc 0.497 0 Td
(Water )Tj
ET
BT
/Suspect <>BDC
0.0143 Tc 0 -11.5 11.5 0 459.19 216.3852 Tm
(Services )Tj
EMC
ET
BT
0.0335 Tc 0 -11.5 11.5 0 459.19 172.9497 Tm
(Corporation )Tj
0.0187 Tc 5.43 0 Td
(and )Tj
0.0141 Tc 1.764 0 Td
(the )Tj
0.357 g
0.0341 Tc -39.266 -1.374 Td
(eamings )Tj
0.282 0.286 0.286 rg
0.0199 Tc 3.768 0 Td
(\(loss)Tj
0.439 g
0.0183 Tc 1.982 0 Td
(es\) )Tj
0.282 0.286 0.286 rg
0.0189 Tc 1.502 0 Td
(are )Tj
/T1_3 1 Tf
0.0338 Tc 1.534 0 Td
(not )Tj
/T1_1 1 Tf
0.0267 Tc 1.701 0 Td
(reflected )Tj
0.05 Tc 0 -11.774 11.5 0 443.39 375.7237 Tm
(on )Tj
ET
BT
/Suspect <>BDC
0 -11.51 11.5 0 443.39 360.3037 Tm
(any )Tj
EMC
/Suspect <>BDC
0.439 g
0 Tc 0 -11.5 11.5 0 443.39 339.0937 Tm
(")Tj
0.282 0.286 0.286 rg
0.0471 Tc 0.499 0 Td
(parent's)Tj
0.572 g
0 Tc 3.397 0 Td
(" )Tj
EMC
ET
BT
0.282 0.286 0.286 rg
0.0141 Tc 0 -11.5 11.5 0 443.39 285.6532 Tm
(tax )Tj
0.0207 Tc 1.535 0 Td
(retum. )Tj
0.0463 Tc 3.25 0 Td
(The )Tj
0.0044 Tc 1.986 0 Td
(Woods )Tj
-0.011 Tc 3.157 0 Td
(is )Tj
0.357 g
0 Tc 0.957 0 Td
(a )Tj
0.282 0.286 0.286 rg
0.0278 Tc 0.743 0 Td
(totally )Tj
0.357 g
0.0246 Tc 2.99 0 Td
(separate )Tj
0.282 0.286 0.286 rg
0.017 Tc -36.884 -1.373 Td
(Florida )Tj
0.0174 Tc 3.253 0 Td
(corporation )Tj
0.0027 Tc 5.11 0 Td
(and )Tj
0.0127 Tc 1.756 0 Td
(files )Tj
0.05 Tc 0 -11.8731 11.5 0 427.6 401.4237 Tm
(it )Tj
0.357 g
0.0436 Tc 0 -11.5 11.5 0 427.6 391.5237 Tm
(own )Tj
0.0301 Tc 2.072 0 Td
(stand )Tj
0.282 0.286 0.286 rg
0.029 Tc 2.591 0 Td
(alone )Tj
0.0141 Tc 2.563 0 Td
(tax )Tj
0.0148 Tc 1.566 0 Td
(return)Tj
0.439 g
0 Tc 2.504 0 Td
(. )Tj
0.357 g
0.0463 Tc 0.747 0 Td
(The )Tj
0.282 0.286 0.286 rg
0.0184 Tc 1.922 0 Td
(Wood)Tj
0.439 g
0 Tc 2.544 0 Td
(s )Tj
0.357 g
0.021 Tc 0.643 0 Td
(also )Tj
0.282 0.286 0.286 rg
0.0387 Tc 1.925 0 Td
(has )Tj
0.0344 Tc 1.685 0 Td
(different )Tj
0.357 g
0.013 Tc -33.832 -1.342 Td
(shareholders. )Tj
0.196 0.2 0.196 rg
0.0433 Tc -0.023 -2.779 Td
(Re)Tj
0.357 g
0.0198 Tc 1.184 0 Td
(venue )Tj
0.282 0.286 0.286 rg
0.0274 Tc 2.713 0 Td
(Requirement)Tj
0.686 g
0 Tc 5.647 0 Td
(-)Tj
0.282 0.286 0.286 rg
0.0237 Tc 0.87 0 Td
(Wastewater)Tj
0.572 g
0 Tc 5.135 0 Td
(-)Tj
0.357 g
0.05 Tc 0 -11.8967 11.5 0 380.21 353.3037 Tm
(The )Tj
0.282 0.286 0.286 rg
0.0204 Tc 0 -11.5 11.5 0 380.21 329.7337 Tm
(Woods )Tj
0.0157 Tc 3.228 0 Td
(respectfully )Tj
0.357 g
0 Tc 5.163 0 Td
(s)Tj
0.196 0.2 0.196 rg
0.0382 Tc 0.43 0 Td
(ubm)Tj
0.357 g
-0.0002 Tc 1.876 0 Td
(its )Tj
0.282 0.286 0.286 rg
0.0129 Tc 1.252 0 Td
(that )Tj
0.03 Tc 1.789 0 Td
(the )Tj
0.0374 Tc 1.534 0 Td
(revenue )Tj
0.0253 Tc -33.763 -1.405 Td
(requirement )Tj
0.0303 Tc 5.293 0 Td
(for )Tj
0.03 Tc 1.51 0 Td
(the )Tj
0.0231 Tc 1.598 0 Td
(wastewater )Tj
0.0277 Tc 4.97 0 Td
(should )Tj
0.05 Tc 0 -11.9536 11.5 0 364.05 353.1937 Tm
(be )Tj
0.0235 Tc 0 -11.5 11.5 0 364.05 337.8837 Tm
(determined )Tj
0.0153 Tc 5.057 0 Td
(utilizing )Tj
0.05 Tc 0 -11.5972 11.5 0 364.05 237.2437 Tm
(an )Tj
0.0221 Tc 0 -11.5 11.5 0 364.05 222.9037 Tm
(operating )Tj
0.0145 Tc 4.223 0 Td
(margin. )Tj
0.05 Tc 0 -11.8967 11.5 0 364.05 131.0637 Tm
(The )Tj
0.439 g
0 -11.5673 11.5 0 364.05 108.2037 Tm
(ra)Tj
0.282 0.286 0.286 rg
-0.0149 Tc 0 -11.5 11.5 0 364.05 98.6637 Tm
(te )Tj
0.0078 Tc -38.52 -1.374 Td
(base )Tj
0.0143 Tc 2.064 0 Td
(for )Tj
0.03 Tc 1.478 0 Td
(the )Tj
0.0267 Tc 1.566 0 Td
(wastewater )Tj
0.357 g
0.021 Tc 4.977 0 Td
(is )Tj
0.0151 Tc 0.997 0 Td
(relative)Tj
0.196 0.2 0.196 rg
0 Tc 3.123 0 Td
(l)Tj
0.357 g
0.295 0 Td
(y )Tj
0.196 0.2 0.196 rg
0.791 0 Td
(l)Tj
0.357 g
0.05 Tc 0 -12.0336 11.5 0 348.25 362.5037 Tm
(ow )Tj
0.282 0.286 0.286 rg
0 -12.2294 11.5 0 348.25 344.5137 Tm
(and )Tj
0.357 g
0.0141 Tc 0 -11.5 11.5 0 348.25 322.3737 Tm
(the )Tj
0.282 0.286 0.286 rg
0.0212 Tc 1.503 0 Td
(return )Tj
0.0247 Tc 2.77 0 Td
(calculated )Tj
0.0318 Tc 4.515 0 Td
(by )Tj
0.357 g
0.0417 Tc 1.326 0 Td
(staff )Tj
0.282 0.286 0.286 rg
0.021 Tc 2.083 0 Td
(is )Tj
0.357 g
0.0216 Tc 0.951 0 Td
($3,207. )Tj
0.05 Tc 0 -11.7659 11.5 0 348.25 128.4137 Tm
(As )Tj
0.0244 Tc 0 -11.5 11.5 0 348.25 111.2837 Tm
(shown )Tj
0.0426 Tc -37.465 -1.374 Td
(on )Tj
0.282 0.286 0.286 rg
0.0141 Tc 1.349 0 Td
(the )Tj
0.0212 Tc 1.517 0 Td
(Schudule )Tj
0.357 g
/T1_0 1 Tf
0.0089 Tc 0 -11.4 11.4 0 332.45 461.7137 Tm
(3-B )Tj
0.282 0.286 0.286 rg
/T1_1 1 Tf
0.03 Tc 0 -11.5 11.5 0 332.45 440.6637 Tm
(the )Tj
0.05 Tc 0 -11.6205 11.5 0 332.45 422.7537 Tm
(O&M )Tj
0.357 g
0.0313 Tc 0 -11.5 11.5 0 332.45 390.7937 Tm
(expense )Tj
0.282 0.286 0.286 rg
0.05 Tc 0 -12.0726 11.5 0 332.45 348.5337 Tm
(is )Tj
0.0253 Tc 0 -11.5 11.5 0 332.45 336.4837 Tm
($35,866; )Tj
0.0175 Tc 3.997 0 Td
(further )Tj
0.03 Tc 3.107 0 Td
(the )Tj
0.0216 Tc 1.534 0 Td
(Amortization )Tj
0.021 Tc 5.839 0 Td
(is )Tj
0.357 g
0.0356 Tc 0.958 0 Td
(greater )Tj
0.282 0.286 0.286 rg
0.0344 Tc 3.2 0 Td
(than )Tj
0.0141 Tc 2.14 0 Td
(the )Tj
0 Tc -38.653 -1.373 Td
(D)Tj
0.439 g
0.729 0 Td
(e)Tj
0.282 0.286 0.286 rg
0.0174 Tc 0.459 0 Td
(preciation. )Tj
0.0419 Tc 4.973 0 Td
(Thus )Tj
0.0127 Tc 2.402 0 Td
(there )Tj
0.196 0.2 0.196 rg
0 Tc 2.39 0 Td
(i)Tj
0.357 g
0.25 0 Td
(s )Tj
0.282 0.286 0.286 rg
0.0255 Tc 0.683 0 Td
(no )Tj
0.357 g
0.0304 Tc 1.301 0 Td
(allowance )Tj
0.05 Tc 0 -11.719 11.5 0 316.66 337.5437 Tm
(for )Tj
0.282 0.286 0.286 rg
-0.035 Tc 0 -12.4073 13 0 316.66 319.5337 Tm
(any )Tj
0.0235 Tc 0 -11.5 11.5 0 316.66 299.5737 Tm
(unexpected )Tj
0.196 0.2 0.196 rg
0.0201 Tc 5.07 0 Td
(increa)Tj
0.357 g
0.0238 Tc 2.55 0 Td
(se )Tj
0.282 0.286 0.286 rg
0.0377 Tc 1.124 0 Td
(in )Tj
0.026 Tc 1.051 0 Td
(expenses )Tj
0.05 Tc 0 -11.9241 11.5 0 316.66 140.2537 Tm
(or )Tj
0.357 g
0.0303 Tc 0 -11.5 11.5 0 316.66 126.6837 Tm
(for )Tj
0.0187 Tc 1.535 0 Td
(any )Tj
0.282 0.286 0.286 rg
0.0221 Tc -37.652 -1.406 Td
(necessary )Tj
0.0102 Tc 4.344 0 Td
(repairs )Tj
0.0499 Tc 3.09 0 Td
(or )Tj
0.0296 Tc 1.127 0 Td
(replacement )Tj
0.05 Tc 0 -12.7758 11.5 0 300.49 381.2437 Tm
(of )Tj
0 -11.5846 11.5 0 300.49 368.6137 Tm
(plant )Tj
0.196 0.2 0.196 rg
0 Tc 0 -11.5 11.5 0 300.49 339.7037 Tm
(i)Tj
0.357 g
0.0429 Tc 0.261 0 Td
(tems )Tj
0.282 0.286 0.286 rg
0.0321 Tc 2.268 0 Td
(throu)Tj
0.439 g
0 Tc 2.23 0 Td
(g)Tj
0.282 0.286 0.286 rg
0.518 0 Td
[(h )-39.6 (a )]TJ
0.357 g
0.0145 Tc 1.533 0 Td
(reserve )Tj
0.0144 Tc 3.25 0 Td
(amount. )Tj
0.282 0.286 0.286 rg
0.046 Tc 3.929 0 Td
(On )Tj
0.0345 Tc 1.545 0 Td
(page )Tj
-0.0022 Tc 2.328 0 Td
(17 )Tj
0.05 Tc 0 -13.6275 11.5 0 300.49 119.7037 Tm
(of )Tj
0.0141 Tc 0 -11.5 11.5 0 300.49 106.0037 Tm
(the )Tj
0.357 g
0.05 Tc 0 -11.5044 11.5 0 284.33 541.8637 Tm
(Staff )Tj
0.282 0.286 0.286 rg
0.0252 Tc 0 -11.5 11.5 0 284.33 515.9937 Tm
(Report)Tj
0.439 g
0 Tc 2.864 0 Td
(, )Tj
0.282 0.286 0.286 rg
0.0141 Tc 0.556 0 Td
(the )Tj
0.357 g
0.05 Tc 0 -11.6813 11.5 0 284.33 459.5337 Tm
(staff )Tj
0.0197 Tc 0 -11.5 11.5 0 284.33 434.7737 Tm
(references )Tj
0.282 0.286 0.286 rg
0.0264 Tc 4.591 0 Td
(an )Tj
0.357 g
0.046 Tc 1.214 0 Td
(operating )Tj
0.282 0.286 0.286 rg
0.0354 Tc 4.384 0 Td
(margin )Tj
0.357 g
0.05 Tc 0 -12.2321 11.5 0 284.33 280.5737 Tm
(in )Tj
0.0141 Tc 0 -11.5 11.5 0 284.33 267.6437 Tm
(the )Tj
0.282 0.286 0.286 rg
0.0329 Tc 1.496 0 Td
(last )Tj
0.0248 Tc 1.703 0 Td
(paragraph )Tj
0.0211 Tc 4.472 0 Td
(but )Tj
0.0312 Tc 1.586 0 Td
(does )Tj
0.034 Tc 2.212 0 Td
(not )Tj
0.0224 Tc 1.653 0 Td
(calculate )Tj
0.0068 Tc -36.99 -1.342 Td
(one. )Tj
0.0463 Tc 2.27 0 Td
(The )Tj
0.0204 Tc 1.922 0 Td
(Woods )Tj
0.016 Tc 3.26 0 Td
(requests )Tj
0.0235 Tc 3.672 0 Td
(that )Tj
0 Tc 1.845 0 Td
(a )Tj
0.357 g
0.0359 Tc 0.735 0 Td
(considerat)Tj
0.196 0.2 0.196 rg
0.0404 Tc 4.442 0 Td
(ion )Tj
ET
BT
/Suspect <>BDC
0.282 0.286 0.286 rg
-0.035 Tc 0 -11.449 11.5 0 268.9 314.2537 Tm
(be )Tj
EMC
ET
BT
0.357 g
0.0237 Tc 0 -11.5 11.5 0 268.9 300.7737 Tm
(given )Tj
0.282 0.286 0.286 rg
0.0318 Tc 2.63 0 Td
(by )Tj
0.05 Tc 0 -11.5044 11.5 0 268.9 255.7037 Tm
(Staff )Tj
0.196 0.2 0.196 rg
0.0058 Tc 0 -11.5 11.5 0 268.9 229.5037 Tm
(in )Tj
0.282 0.286 0.286 rg
0.03 Tc 1.06 0 Td
(the )Tj
0.357 g
0.0009 Tc 1.557 0 Td
(final )Tj
0.0316 Tc 2.182 0 Td
(recommendation )Tj
0.0236 Tc -31.983 -1.405 Td
(concerning )Tj
0.05 Tc 0 -11.5972 11.5 0 252.74 485.9337 Tm
(an )Tj
0.026 Tc 0 -11.5 11.5 0 252.74 471.6037 Tm
(operating )Tj
0.282 0.286 0.286 rg
0.0354 Tc 4.224 0 Td
(margin )Tj
0.357 g
0.0143 Tc 3.281 0 Td
(for )Tj
0.282 0.286 0.286 rg
0.03 Tc 1.446 0 Td
(the )Tj
0.0409 Tc 1.598 0 Td
(wastewater )Tj
0.357 g
0.0165 Tc 5.098 0 Td
(system. )Tj
ET
BT
/Suspect <>BDC
0.282 0.286 0.286 rg
0.05 Tc 0 -13.0953 11.5 0 221.15 542.4837 Tm
(If )Tj
EMC
ET
BT
0.357 g
0.0343 Tc 0 -11.5 11.5 0 221.15 531.3837 Tm
(you )Tj
0.282 0.286 0.286 rg
0.0115 Tc 1.853 0 Td
(have )Tj
0.357 g
0.0347 Tc 2.227 0 Td
(any )Tj
0.282 0.286 0.286 rg
0.0245 Tc 1.757 0 Td
(questions)Tj
0.572 g
0 Tc 4.019 0 Td
(, )Tj
0.282 0.286 0.286 rg
0.0267 Tc 0.496 0 Td
(please )Tj
0.357 g
-0.0008 Tc 2.897 0 Td
(do )Tj
0.282 0.286 0.286 rg
0.0499 Tc 1.317 0 Td
(not )Tj
0.035 Tc 1.629 0 Td
(hesitate )Tj
0.05 Tc 0 -11.5819 11.5 0 221.15 304.3737 Tm
(to )Tj
0.357 g
0.0233 Tc 0 -11.5 11.5 0 221.15 291.6037 Tm
(contact )Tj
0.282 0.286 0.286 rg
0.0302 Tc 3.298 0 Td
(me )Tj
0.357 g
-0.0062 Tc 1.525 0 Td
(at )Tj
0.0222 Tc 1.02 0 Td
(\(727\) )Tj
0.282 0.286 0.286 rg
0.0187 Tc (848-8292)Tj
0.439 g
0 Tc 6.544 0 Td
(, )Tj
0.357 g
0.017 Tc 0.517 0 Td
(ext. )Tj
0.0299 Tc 1.857 0 Td
(245. )Tj
ET
BT
/Suspect <>BDC
0.365 0.357 0.522 rg
0.05 Tc 0 -21.0931 13.8 0 123.8 569.2637 Tm
(~.,;:?i.)Tj
0.357 g
-0.035 Tc 0 -12.7229 13.8 0 123.8 508.3637 Tm
(ende)Tj
0.196 0.2 0.196 rg
0 -10.9384 13.8 0 123.8 485.1737 Tm
(ll)Tj
0.42 0.416 0.714 rg
0 Tc 0 -13.8 13.8 0 123.8 485.3037 Tm
(,)Tj
0.549 0.553 0.761 rg
-0.035 Tc 0 -5.2475 13.8 0 123.8 481.7537 Tm
(__,, )Tj
EMC
/Suspect <>BDC
0.42 0.416 0.714 rg
0.05 Tc 0 -16.8074 13.8 0 123.8 474.7537 Tm
(__. )Tj
EMC
ET
BT
0.282 0.286 0.286 rg
0.0234 Tc 0 -11.5 11.5 0 100.29 542.4137 Tm
(Vice )Tj
0.0243 Tc 2.234 0 Td
(President )Tj
0.0271 Tc -2.238 -1.374 Td
(Investor )Tj
0.0265 Tc 3.734 0 Td
(Owned )Tj
0.357 g
0.0332 Tc 3.235 0 Td
(Utilit)Tj
0.196 0.2 0.196 rg
0 Tc 2.293 0 Td
(i)Tj
0.357 g
0.0183 Tc 0.253 0 Td
(es )Tj
0.572 g
/T1_4 1 Tf
0.05 Tc 0 -11.7941 11.5 0 68.33 543.0037 Tm
(II )Tj
0.357 g
0 -11.7428 11.5 0 68.33 534.0537 Tm
(for )Tj
-0.0181 Tc 0 -11.5 11.5 0 68.33 515.0737 Tm
(The )Tj
0.282 0.286 0.286 rg
0.0221 Tc 1.87 0 Td
(Wood)Tj
0.439 g
0 Tc 2.339 0 Td
(s )Tj
ET
BT
/Suspect <>BDC
0.357 g
0.0122 Tc 0 -11.5 11.5 0 68.33 457.8957 Tm
(Utility )Tj
EMC
ET
BT
0.439 g
-0.0067 Tc 0 -11.5 11.5 0 68.33 424.6952 Tm
(Co)Tj
0.282 0.286 0.286 rg
0.0408 Tc 1.229 0 Td
(mpany )Tj
ET
endstream
endobj
46 0 obj
<>stream
JFIF _ Adobe d # $&& $ %4/ $('++9+'()02520)7;;;;7;;;;;;;;;;;;;;;
$2(!(2;4222;;;;;;;;;;;;;;;;;@@@@@;@@@@@@@@@@@@@@@@@@@@@
$2(!(2;4222;;;;;;;;;;;;;;;;;@@@@@;@@@@@@@@@@@@@@@@@@@@@ O _ "
} !12AQaq"R3Br#4b
$%&'()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz ^C
!"#$%&'()*123456789:ABCDEFGHIJQRSTUVWXYZabcdefghijqrstuvwxyz ? 92F*ͧFcj)o'GovoOo٣@,VX
K&6Ƶô_+mwOHi|\1㣟%=wG<"XZY֜wzܶu, |#ZcQM<Ǯ#ʏ|=f-h|H-^Q]V:kDL{ּ^iˢm>)Ű4P %O|l]+2_M3 h^x}~d" <^/Pjϋ/iĴU:{៳G柋_k]˧ȴO}H( xp_;b;y}I58>X*@e0NQ\ }ø]MyTmxGYŊv*J{e#KE&;L$qZMgc͢')'z4zF]: ) hA ? K[ľ++;tD}>OvN!|=m;G7 1eh{vL tL"zm, rs"f}^b9z|ce 7Hm>LIpN4d$oO`kB < &4߬oKiqq-.L?]Yc
`hVx:h{omzO,` Jb&zv