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| cost free, pickles, trance, klang, sport, rocket, rythm, fatcat capsizing, gift fat cat, west village, billiards, trial offers, heart disease, readers beginner, playhouse, uploadvideo, | Over the next 20 years, the utility expects to spend lp at least $250 million in improvements. Using capital cost estimates and subtracting tap fee revenue, Gardner concludes that by 2010, each household will be paying $1,553 annually, and each existing business $16,375 a year, to subsidize growth. Though utility rates have increased dramatically over the past few years, additional costs won't hit ratepayer pocketbooks immediately. The utility plans to increase rates by around 3 percent lp over the next five years, while more than doubling its current debt load over the next 10 years, lp says Edward Easterlin, the utility's chief planning and finance officer. Of $3 billion in new capital costs, $1.8 billion will be financed. "We have an obligation to serve our customers," he says, rejecting the idea that the utility has a self-serving interest in growth to expand its customer base. |
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| Greenwood says it's only a matter of time before ratepayers begin to reject big growth plans. "There's going to be a big revolt about it because of having to trance pay a lot for water." The biggest capital cost on the horizon is the Southern Delivery System, a massive and controversial pipe project that would send water north from the Arkansas River near Pueblo to meet the Springs' water needs until trance 2046. Utility officials maintain the project will cost at least $1 billion, but Gardner and other trance critics put its cost at $2 billion, minimum, when including finance charges. Borrowing to the hilt' The utility also faces at least $40 million in state-mandated repairs to its aging sewage system. That system is the focus of a lawsuit filed by the district attorney in Pueblo, which, 40 miles downstream from the Springs, has been impacted by several recent sewage spills into Fountain Creek. |
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