HomeMy WebLinkAboutSouthern California Edison Company - Reimbursement Agreementt
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City oHuntington Huntion Beach
a,
r Cali f omia
�`IMtY
January 25, 1965
Mr. Ralph Miser, District Manager
Southern California Sdison Co.
538 Main Street
Muntingto n Beach, Calif.
S.e x Main S'xteension Refund Agreement
Dear 19 alph e
As a result of your telephone conversation we have checked into
our oontract of purchase with the Southern California Water Co.
and have deetereeined the followings
The 1956 agreeemont for a 20 year amortination covers are invest -
went of $61, 500.00, $17, 925. 34 of which has been paid leaving
a balance of $43, 674.66 as of Doer 31, 1962. Under our
purchase contract we find that the 1963 ,installments are the
obligation of the City of Suntington Deeac h and we are proceeding
to calculate the earnings for that calendar year, 22% of which
will be refunded to the Sdison company.
We appreciate your calling our attention to this oversight and
we will proceed with payment in the very near future.
SincerOly,
Doyle Miller
y . city A iftistrator
x
1:9[ a b�reo
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MAIN EXTENSION REFUND AGRER4EWrT -,
r^
Date
Type
Amount
Refunds
Balance Due
of
of
of
Made to
as of
Name
Contract
Contract
Advance
12.-31-62
12-31-62
State of California and
City of Huntington Beach
12-15-48
35%
30-Year
$ 11,058.86
$ 6,500.82
$ 4,558.04
:Ralph E. Welch
5-5-54
35�
10-year
2,91.3.00
557.28
2,355.72
Atlas Builders
8-14-62
65%
10-year
408.00
1.87
406.13
William C. Bray
1-19-62
6%
10-year
539.81
-
539.61
Ben Capocciaa:me
6-26-59
6%.10-year
2,753.00
2,096.7o
656.40
Huntir47ton Beach Union
High School
12-27-57
65%
iO-year
4,075.83
-
4,075.83
Lester R. Peterson
2-15�61
65%
10-year
292.4y
-
292.49
.Anaheim Realty, Inc.
6-2-59
22%
20-year
12,944.40
1,362.24
11,582.16
Chip & Norma Lee Chasin
1-25-61
22�
20-year
1,574.00
179.73
1,394.27
Evans Building Co.
10-2-59
22,E
20-'y ear
7, 51.2.00
780.02
6, 731. 98
Fernhill Homes
12-11-61
22%
20-year
5,447.77
-
5,447.77
Fernhill Homes
5-7-62
22�2210-year
2,750.00
317.57
2,432.43
Harper Dovelopraent Co.
7-1-60
22%
20-year
6,383.46
239.32
6,144.14
Southern California
Edison Company
.i- '7--56
24
20. year
61, 500.00
17,825.34
43,674.66..
Terril Investment Co.
10-1','-60
22;6
20-year
4,337.00
144.86
4,192.14
Total
4124,489_62
.30,0(1 ^65
12�,483.97