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The new governing Board of the Howell Mountain Mutual Water Company is
hacking away at a mountain of financial problems.
Here's the good news:
1. The new Board has renegotiated the loan from the State of California on a plan which will reduce the payments by $42, 000 a year. And still at the low, low interest rate of 3. 37%. A real coup!
2. The users have agreed to a rate increase which also help reduce the deficit. Users who are not yet on Option B can sign up for this option in December. Under Option B, a user agrees to pay the average of its past three years bills for the next 12 months, and they will receive as a bonus $1, 000 worth of free water.
3. The Board eliminated the post of full-time office manager, with full medical benefits, and replaced it with a part-time office manager who is doing a great job. Capable and courteous.
4. The company has received a $70, 000 grant from Napa County for repairs. This is the first allocation from the Countywide flood control program. Finally.
5. The company has received a $17, 500 grant from the State to plan its capital improvement program.
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IMPORTANT . . Please respond
The water company is conducting an income survey of user households. If the average household income is below a certain level, the company will qualify for State and Federal grants. Such grants could bring hundreds of thousands of dollars to the company.
The survey will arrive at your home within the next few days. PLEASE RESPOND.
The surveys are being conducted by an external organization and will be conpletely confidential. No one in the water company will know how you have responded.
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