Indiana Utility Regulatory Commission
302 West Washington Street, Room 306
Indianapolis Indiana 46204
August 8, 2002
IURC APPROVES CERTIFICATE OF TERRITORIAL AUTHORITY REQUESTED BY THE REYNOLDS GROUP
Today the Indiana Utility Regulatory Commission approved a request by the Reynolds Group for a certificate of territorial authority (CTA) to provide sewage disposal service in a rural area of Floyd County, Indiana.
In Cause No. 41559, the Commissioners feel it is in the best interest of the public to approve the project, with stipulations. The project includes service for a planned 95-lot residential subdivision along North Luther Road and a partially developed commercial area known as Williamsburg Station at the intersection of US150 and Old Vincennes Road.
Within 30-days of this order the company must file a map depicting the CTA area, including the main route and easements of the service area. The company is required to file a generic form of its notice to customers disclosing the anticipated change in rates and an explanation of the method for estimating the rates, and the possible need for a true-up of rates. It has 30-days to report to the Commission on its ability to expand into nearby areas which includes properties with failing septic systems.
In addition, the Reynolds Group must also file a renewed five-year personal guarantee signed by its parent company within 30-days.
The Reynolds Group is an investor owned for-profit organization. It is a wholly owned subsidiary of Aqua Source, Inc., which, in turn, is a wholly owned subsidiary of DQE.