Rainbow Ranche Collection

Document regarding water users [unknown] [date unknown]

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 2°'3.5^«7.o 3.35
There have been appealsand counter appeals9  The Users arid the Company
would like tc settle their differences for a period9  without prejudice to
their rights.
The User wants +o  have a better sense of security jtyi^ji as to the
supply of water, than he has at the present time*
The user is willing to pay for the actual cost of operation of the
water system and current Renewals* ^n^EfaWr^^ pUuv^
The user wants to see a Reserve fund set up to protect him in the
future*
At the present time the User is paying for renewing the system*
He does not want to continue doing this without better security that
system will be maintained in proper shape and the supply of water assured.
The formation of a Water District is inevatable some time in the
future.    If the User is charged a rate sufficient to renew the system
he does not want to be in the position that a claim could be made that
in the formation of a Water District he should take it over on the basis
that the renewals now made are the property of the company.
The User wants detailed statements of the operating and maintenance
costs i also detailed statement of acounts payable and receivable.
The User is willing to have the Water Branch set a rate yearly
to cover all working costs, and to set up a reserve.
An independent audit should be made of the books9 and detail statements
made,covering labor, material, overhead expense. iA       That Water Rights Branch fix a rate of Water Rental that will be
cO
c6       sufficient to cover expenditure for Operation* Renewal & Maintenance*,
0
nil       Overjiead expence and Interest on the Dam,  also an amount to set up a
in
m
Reserve Fund.   The amount of the Reserve Fund be defined by the Water Rights
Branch. The fund to be deposited with the Minister and to be expended subject
to his approval

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