Applicant is a corporation in good standing with the applicable law. The utility plant currently in place meets the requirements of the Utah Department of Environmental Quality for 50 connections. The applicant owns, or will own by the time this Order is issued, sufficient water rights to meet the requirements of local authorities for the same number of connections. Title to all existing plant has been transferred to Applicant. All other developer expenses are to be recouped through lot sales.
Water use is, by restrictive covenant, limited to indoor culinary use only.
The Division of Public Utilities, Utah Department of Commerce, recommends we find the proposed charges just and reasonable, and we so find. However, in our estimation, the Developer's commitment to lend Applicant needed operating capital until the system has a customer base sufficient to sustain it renders Applicant financially fit to provide the proposed service. Projected expenses appear reasonable. Since there is no other entity capable of serving the proposed service area, and there are no present customers, potential meritorious protest appears improbable to the vanishing point. A hearing thus appears superfluous.