GRIT Newsletter: February 1988

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The Sandia Heights Utility Corporation proposed a water rate increase, which was met with strong resistance from homeowners. They petitioned the Sandia Heights Homeowners Association (SHHA) for intervention, seeking funds for expert analysis to contest the rate hike. The investors in the Utility Company are identified, and financial data from previous years is provided to justify the proposed rate increase, which would substantially raise water bills for residents.

An intervention committee, including board members and individual intervenors, was formed by SHHA to address the rate case. The importance of community support and financial contributions to cover legal and accounting costs is emphasized to successfully challenge the rate increase. Homeowners are urged to make a voluntary contribution to the intervention fund, with the hope of influencing the outcome of the proposed rate change and future service adjustments.

Keywords: Homeowners Association Intervention, SHHA Funding, Expert Analysis, Legal and Accounting Costs, Utility Company Investors, Financial Justifications, Community Support, Rate Hike Impact, Intervention Committee, Water Rate Increase