Loading...
HomeMy WebLinkAboutPublic Utility Operations Fishers Island Farms REPORT M 2432-C ON ON FISHERS ISLAND, rdEW Y0RIC T,Q � r t 1 r 6r r; f rnr ✓ � �t .7 / r r 1h "rt v rlyF I Srr ry � y+�r: > l 'r t 5 zl / rr # ss� rCr `rf yr"aJr r"r!lf✓✓ + ✓r4 - r / s f; ✓ i rr ✓ ls ? / /� J'rrn r/rr� > r'L3 ri�yf �..r), t t t'. 1 r rf e + i ll/ r�.�a f/s. T ✓v 5,6{ �jGrc prrrN 1,4 f / i. i 3 t °r y rr.'.ki�r(i rrt 7 £.0-rtiC tNp hy2y7 'ihrt?' v4 fl r')" / 1Y /5W5F✓ r i f / Ary x /T� /} �, 6Jr9l,✓j-"r?�.tiRnta.alpl � �r�/ N / + lr a✓! a i 2r4//( �,If1j"rl > ,5 J4'3^rit' �/!�N'J�"�l/� � rS r } + / �'YC 5 / Fr%✓sk {hi JAL�k f rr14+a t s Yj 1r i' t J )4 � "�( �A•Ur�hh Szvk`S ,/f r n ✓ R / f ! x 9 �a/ f(/1 sk1 T`,':�"+("x�x Xny"/ sr �' z / r i J r rrr: b y ay n rsn n /r S r rr e s�i rT rTu✓ �rr f+r y i +✓/rrss i✓ r �n�"111f��g�fyr ah y r= f/ i /a t f 1 f7 h '/ r �dL "'j✓S if r✓ rl ✓.,,^%-/s rgLy�rXL,7tr r<�j�'°f�s/L/ . e'y< £ .r x r _: rrr i f �r ✓y r r i ' ry a F S rfy t t G �y 4 /j `ry l,y ri/y r��ry J4 +�/J� s,2 t r ;+ x - r S l d y»4 / { r r / r 1 I ✓�d y ✓� bT <�l t��r�h� v "r r i Arr ✓ r 5 4 yn ! Y � 1✓ r Tr >%r` N n T r / .1 r I t r?t rr r r /'',vG %T iY /t a x.i ` /r J v-. ''f✓r P�prr'A Xgr r r(n lih lf"+r yr t ✓ r 1y }/ s r r rT ; T ✓ �ry. fi �a" I ' %.rf "?' 9iai 1 Yrn s ! ? '' / > >r» / r✓f.r ! r sd ! { T Yu�f UN/ S ��t _b ! f' 1 > ! ll Y f Y /( y zer `Jhjf rd d" v✓Xy�fx ¢ " It, s - r � R x 1 > H +'jr v sr :�' / y sl+ p h✓rryf�r/�5"�.�q+ � `, z t r f r ✓ x��y' r / Ij / ti r 4f r r�: a 1 nl ) Y4 xi 1t�ir� t a `3�fy�j :r r r / ( e i" 4f �„. y�l u✓at fD� Iary sr �r✓i �;Tr7'' 4{l z�.5 -"y,�fir '`�-"�!�i{33+; r<)t f��r�f tt t e t r/ t °/ r �� ! �,rf� I r(p� j /,ywy:°✓J �" £ (r/ � rsfl��f,'rsvAj�r�./x'�` iY�,,; _ !,,r s r r i ' a S s i r/a 5 Y r/4.�s ' .. b b r' r r Yr Fy r F Fr„s`.✓w' a (' /v f r ,r2;, t r Y "/'r1i Y rd`FS r r» ✓v tr. f 1 1 ;. d A{g r �;d �'4c r f ! A f > x ! ttr5 9 ! /fTr �I rr4 Y , tJljr't j 6 rrj (n ter,/ 2" PS�f �!/FivifJr> ✓f`i f�r"rY' 5 rr c ✓ s S { 1 tr r �TT�s r )r rN°SU ff'' L/ ^rrinrc.+s£, ajr t `� } r �� 1 I r I f r / j ti f 'U ✓ v / i t rv�r{M nyr,3 �/,r yfr rrT X» r�ri vr'`niyw�s b s yr > f ' S h /�- a , r" :r f�1r3»n "'ry £ x A;z Ji/n ' 1ijiY;,un r' b Fvr' y„/t r✓ r 4 ��.y�;iNy,-s U ^m� f " fid✓ /r~/ /1� r ? '^ ,;rr y rJ d' riT �yir rX "3A f ,. �/rf F.ij s+4r��~Y"ry'r'"2�`r)e , fid rw;�+'�}�'' / r rt 1 l f r 1 r `� - 5 r rf.'Ir " r f rr Sr xW H yr✓lr y;y, � f,l, ,vr .�.. i ; S� r rr r { d' n .y /rYJ it 1' Fa +N e 6f'£ t ti' ✓/lurN b +�r b'`r rF"` TM> Ts/ l/ .: 'v y�r. v.rrc rCf ra - � v. t Jrr a fYr' U n 5 •af t r tr r ,�1 r//tirFrtl� r4 ( 7 f / M y�3rifJ;v`>}�+y • „- rs J t> t r -. rt r I yl i YT /z+.= IFr lr m 'b Y" t l'!i f Jy�" '4 �K.v" {ri4 x 5 � ,rs�,✓j�ylJr '� 1 r i +. / {/ F /."✓Turf%X��fix Sr�b rj p fv'yxb,�fxbs�Sriy < r� r"dY X!r m cu' f y�s,.`#'FS m�`�r.�:r T n� x fu/ �� a cn; zrc`�,35� t r{�tt s 5y�y"hw" ✓n r h uiatrh'�jrt?J'3 . i S 1 s ✓� n r r s r r t4 s &f kr G'�r iX %.ir" '. rf �' 2i Orr z J f t y <'S � 'uf y$r ?%vpr/at rffA r 1 r s'. r rid{�Irr �d �vr » U''/ f�✓nir ji' ''°/ rtr r t ,r,+/1 3 r� f la �`%ySr'bar 'fv .: 4S sr F r r:& t < r � r �r/ Zr/ f�✓ r it JYJr`rrf�lu�lf'T,/ .,,��r::`ii�..,f X,yt(�'fi rt'� t r^ jr N " y � r?,J�X»yr'�y. ft�� r r /3• � ., // / �JU 131' Fr 14 MjYr$y Y'r7( lk' �f 3 .vrlr l r r f / r+�`F>l�v ,�'[Y�r r/y T ' fi�sNrr v?y u'I r fiv, sr;`✓k LI a=gy�+�NLr i�'Ylv'✓p 1 �r�rrF^{ s' I t i ✓rr r r i;F�.�.rl�y��r£w:q�,y., r i iJ r;" n S", ( r r }. '' „ +r 8/. !1 �vYZ 3'�»�rJ�'r//f�✓rY�"rr y&t Irit I r f � y I lr'1 r f�('l. 5i I / g 1k dtrr' r k v:L �' tifi''y(� Xr U.`yr Fs t 'r rrr U4 17Jr Y 4Y �T i, tr r r ! /y r �,✓�f f r4 rt{riy,4 //Jk jrhkar/!`?v�fiv e'�Ln"✓r�?r���'fa .0 > /rF I rr a �r / 3�.'+�R Y P 7/rtl 'V ✓' / 41 r r � /t 4.:.r�7{f�H.LYd 4j�4�•rr��v�rr`I St��r1�Y'���eS J y r r r � s / �3 rn€s 4 [ ' 9�N,�� �. '/' �� {/3 "^„ r r'r r dr.4r r'L'�✓.r'G1. b �fA'rha/p r,!„ ''1,�yvayLp,.a'`�Si ! r 3r /r iYT' �r"w `�R'':r'.' � I M rirn 5 S ' i S !-' 1 f4 3��R�Fir» '-X"i*is.."w^(r��'t'jXiN r�r�fiA�..b#t`��it,r(fr�'�4 2Lr t+. T✓/�r '°( r, € / Crsr�r :,✓5I ifft!£�"' ��;rH�( p rr L 'wtt' � y r r r Fj°"� 1^ p 1/ra rc`tn'`„�rtt,�`f1n,arv1/y 1�>< �ttbrjt �' �f� r✓ i r 3 r ✓rd,,(/s rvi.'/rcr�i'/ y,"+" I . $4 n:;.Iy=(t rAlpr�f Y,;lr/r ti /;,rr F Y tr r i= t5,r "'iz`Sfi� 5nl t`�Af�Ar4�� J4Yr r c/T�f�I r r.;zrf r / /r Alx)'a r //ir'?nfi' j 'Yrc+/ �f / J l tl/ r�ry,3 y �:, �/ lir/trfl fl:'�r` �Y S�XA/rfG�1 1 F 4J$1"(' ✓/ 1✓ 1 � u J fFr(yq rYf 4 1"r^J4U �r',ere r rj f ?' p N yr �4 r i✓� �?��JrY`b�s svtr r� fy f+ r'r�.-. � it �„ 1 i J rJ /rr J`<�f slY3"�'r i nX . �Sr�( 3 r x /� -, �� d r�- t,9 Y[""yl r'Ifi :✓r`'�'i`X X,/1 r� a 'F�,b�,�"!�t?;�,yl/�rr�r r » t t n ✓ r ( ,,�f j,. �'�'s�5;�;�f~' 2 yr wa '` ✓T.}.ir (r ly/�14r a3`iat}rfi"'C.iy'rY lY -dt/ +X Yjtl�*i r£ti' is4�'Ki '^`im��fyY y"�3��br5! ✓ l,e,!r�� ny f y'r� � :rTT 1 ,; f/< s J✓arkc^'v � te' X elf J r ry v /d r / / f/if.».�� s� y f s T hrirA/ ; Y /v�» �{ {,,j>r� ✓✓yds�h7rY�ra�Y1�..ti��»y� sf Xd�frSl.'#'�� � ��",�'{�y�rs�JN°fy.5 � y »��s€ .& 9rr � ''" ySiJL1r,�'�a ifit'rsY;hr nT a 'lrE�riYnliri Skr'rlrW�o-Srr��rihr+avv /i,�'":.<%J�+ f ��A T��v��u r�f�yi'/aftl{ krra t�i v "; ��;1"r�A:�>tr�Y�r��yr �r. t {S R rc b +k(rjS�` ,�, �'r/.r"y��'�,,�r`'r` "�' ni / u- rrNl 'r*h i/-r'(-i, r>✓'{ 1r' _th.�,J t�"r'�X.wwi^?f�t���'� f ',`f �"' ' 'i#�3'iby fin F/s ✓rA l);7r 1���:T�r`Grc/rfi fide "7( ;yrXSJ��I y�m� !a( "='S ry�i�f�dra gz rrr /7UXta 'r' �" f' ,t `�,r{X✓'�i L'rytrlSr% /r/ �.11ryr5+r�Lr r✓�„r�/?"4+S��P:''�i'(���SrY�✓ fY'���"`Y'�� fi�'JSy,.� "r''ba fuy�'{r3�X R�fiar4 x " v %' . �"/Yx r�i z �r ,fir p � U�"��J fi✓r t €�rff�5'4-r 7� /T�T`'7t+ 2r ,Ei,'4���"�°�"`t, x5`an / + :r kf r t kx r r-'' � // p rr'N�t �l=�r r a'{ �;r� �r[»`+1X�✓r w rid" r, +r a'. +✓ r Y /{l r aF/ Myr? p s 7r`S.i /^E is yhr.e,rPn A£s fM/ $ f5r�£ 1 P ,i drr MT rk+b /T""fJ/ � f� r•+ / r��rt//'� t (7 fr ri y,✓i`y 3 f✓.!4{s�rJ { s. tk'f�a"'?fM � Hjr� ow 9 +;. 3» r •rfo-a'k� r r 1 i / vL�y?�t'r4 tr d r o�l/'k�l �,�y,',lr >i f. y1� aft r r`ry�n 4 ^S' 6• phi�T /5,. "�f�'�' �rf»x it{Il°��ti�yv��;��r��rY�icty`"`rt' ,r���%t�y�^2,r`'9 'b '' "` •�'`�'�l'✓�L�' r�k� r� j�' ?H� r w�f�+✓ yM erc d a i v2f r� '` ajF �f FA r✓r x ee �r" w� i r ✓ aal £ r ✓ 1 � � ira�Y I 1 I i _ r r r! ��l �1�� a✓ s J yr ar � ✓ r r a £ _ £ 5 �+ �'�� ak it£ ''gad` I�tx< 1 �� yn. ✓� r � � ✓° yad a��✓b r✓' PrP r-�(rf• a ' �a rrr ar'n�rr i a i �✓1r x3a rrf 4 ��fi✓� 'd ra���J a ri r � �r ✓ t �, i a r '. < °£ %r a r3✓trd�✓r���Y' T v Pry:`'1{. . + ` ° i t i s a b � l l a,✓g s� r a1f t 'r4'f a,,�. r ✓ l � � £ d r- f F°> >B f r a r a Yana. � ✓' £ t rrry r✓ r � s e (v iaad 4 ✓ P j,tk r aY a r ✓ � i r 4 t iia � § ra 2 va T' t r `11 j✓✓ r�9jpt I 'r r � a / '' r ! ✓f of ✓ } a x i yry�, r 9�r ! r ,rB r rau ✓rrY jv1T J R t �, + a ✓ fr; a s r - r r m a, i r a i a<�t✓✓1 a v ,Ts1i.£i ����!�i Y B � � ra£ £ ! r �a h £ ryaa r!bl a a $✓ n wB 1d r a � � i a r � � t ✓ / � &��r 1, j t I t 1 t ., `lj � � 4 1 a is ✓'r k } a a r ✓ <. r. �� ;� �� � � ra a ar v i t Ba/er £ ✓yYraY it a i r ✓ its - ,i y £ r ,r i /� 7 qua) v� da ASa✓� £ r a a� r a i " y��c£� /��,.., ✓ £ - a 7 a f.)ry rl a) l f �a x � '�� rL I A ° / - }v ..vl /l:,.fr3 a't r r ,. ( i � � i �/ £ >/ f nt� a i �araav i �` '£� ✓ r' �,'� ��'r�l' > fil t '' / �a a a 4/5 ais � £r t i 3 rT �✓�-�� /r'si I r J' 4. le r £� 3�`ra r G3v ✓Xva s7`B s r �� �. £ s tl r. rl ry v ✓� ���� �ar i !� r a >' rr ?�iFj! 1✓��+ r . z�✓ ai I/� i s5 � '. �a � ✓ in�aS/��1 ra r'r Y$7ld�u�J✓' ids /ry d+ai � � sl rN Ff �'' av sa Jr v�✓s a r ✓ /F "J ary tr Y�,} �.,/✓ > 3Jy � 3 a � c £j f1 lr Or � A z � i 5r H1,4^ 1✓ 'iv dP i✓ + /+ d ✓,e` 9- 'lp; er rS Gt:+r �u It aJ it /� ,§.;3a:P� aafl a, FS .fr � r �f rhe �aX'Y ry � ��I � ✓ l ra t . dr� �3rda>� i f„ ('BB" Y PFPv `d: 1 z 1 v � .✓5i'h' .; Fi� /� as oy a ° r/f'+aja /Y -�,/ a✓f t rs t ✓ £a r r+ y 1 ^ r� r��r�. - a 3 rrB vyrfr s'�d iP ry a Y rysf£i ✓ 1 �"/�r'.! i a i I r i r S > `uf ri .ni S` �e✓/E J i .rr rrEs, aa�F�afar' / �i ��£r. ✓ 14, 5r `$Ij r � � l ✓ � f £ 7rf ;.,`' r F l� ?"a`ft r rI / ✓ i ✓ �f/ 1 ,^r a a Ff3 Ya rlav7l e� � wl � � i a a tp. i� rl^" �✓f�Yr' ;v � a il R is iy r . vs'>% s. i k t /e l a /Pa- r ✓ar r 4 r a )� r r a , �, Ol�X�,7,,,d>`+� ✓'�� ' f/ s I' i Yaa r t � � 1 i r elf/a re ✓ r ri eY �l� r� :`a( a r� � � r,,.✓ £ Y v r ✓ rna �4a� � ry ay4 -; .vsvt r �l i �r.9 i�B1 r ✓� ✓v�e £ r r Ye ,� � v 1 �y a. '", r rt + J iv3 ,✓/` Fan,'/'ay�k ' �,t " e r i r c a r >; r y a 1+✓� r £ t r i � a s s+ ?+ rZr r y 9� /l / Y rJl 1 y� ^z7,r e^r✓ if ++rrY 4 £ ✓ � £ �r F ' x,;+x j�f ��%� ll I. I i JG aurN Ia 1�a�°ryr�Ai �✓a 1 Y7 / ✓ I2 s "air✓11 d9v✓�� 1 a i 3 io. eN�' �a YI ^aa r r s£r u/1 a S✓ + i - r lr r a � �l � a� r���''k,y��'�4 7 rr � ° ; y , n+> �r^'✓i dB and ,rr� i 4 s „� �"''' � � t a /i daa xa �i Girl ✓ as rs' yaSa z( rirU�ry} _ r i�.e � .r > 'f ''�k'yaar'' ��! r� �f �F � � Axa y � ✓ �,i{rY�y/ q'�+r,�' �P t� � � ^;r..I 9 s'. 7� tr�{I/4i�AJ`'�� §✓✓'r a�[ r v f2aGJ��� £ n� "� : w 1 a ✓ r �✓ .'-�.Vrr a a .r r c, y w r7 ✓�i 3 .IBP :+ �� a £' i dS iwi r ✓✓ � P,rr lr,''N}r ✓f tl`� 1 ( q ! i P r A'~ v� 1 "'YS,}.a`idrl (eisai� < 7sv 1 £ £ s�Vv nP l+{ -./.✓ ° fi✓ w' v i v, r +' f✓ r e r is �✓ .:/ <"'C i Y i �., rl £i j vr,✓�. yfi Jti i i vif a� r9 v. �£a yr d B r/a4 � *.; a's"��f��if �M' i£ r a r^f Na✓ ✓� 1'Bal r u✓B,u� { 1 f v � I „,, a >7 R Y' J'�;J✓s t v g ,r` . r. / t5 t rr ^✓aa r S�x r � J .; '' w i r rr' f vi,}r/ S / rM >f i (/\s ':v�f/�vrV F /� VaaCr Oi F�✓/O RZa ,. r +� t < ) 1 9 l ✓Ma �/a�i%i':"9J ✓ s 3 t 1 r drj a'+rr sly ¢ /r ✓'unrl ry -,c ,a f ✓lila rira L/ �e� B, v`va,B `i�i"�+'r vs lw /' � rl'' a ,r" "�tlr 5i/o/,�✓yj �9 Daus r ✓ r ,i � ai v � a a/fi £F .; r l !s Li F.r uB' trr r 1 a r y a ✓F'`rM �i 6F r; � �,� i a /�} r3 �C� / �SIj^ N y ✓ � i Y �5�3 "rJ Y�i� .� �Y Y a r 7 > r b Y �; Y;h n r?J�� >rti AiN� � li s. fdrr is v,� it erg'➢ �' ' (5���� "ar a a fr a �F tL rBi� �?La I�'tBr 6t�r� �I'�/r�)s !"u Bf ✓ - � rf a a7 la ✓s :!� n� £��ry�"'S'%� hJ9�1 ��r P rx a r va � r v gas'ar r r rrea roc is ✓neiPfe@vfa,r � r r:,�/! rx � f ."oiu' ra� ✓"� rk§.:v"','r s�.. S'��. `{ '. � - ` � �! Syr n,a a„y '�'''I ad v`9�{i elf ''�i :% 1' ��,r i,, s, Z ��J,i�;le✓t'moi dl y��i�£. �: �+ f Cyyd rr! a la s uw /✓x�i t' rz&r r4j ✓r aa�;s j� ! / 1 r � )s�Ykl}£e.� UB a �' F�`}rj ix { yri Br iA ra� r Y'�a✓, ch m Y/,u v �` ) � ✓ d r i r ^� -a x h �ra✓ /% rr :, Fry i£r� 5 s.y a. I Na�i rl a U r£ nJ✓✓; '' rY B J. c r Ai t sit °N�Yc,1'. B '�ivl,Ul vr'rvr �a }YU ra v�yr iarr 5£x�,1�ry�a���'d4✓�y�";�>.r3t��in'I�d��DX�. ;.,rc''ilvJY �;f 11 t%` y��v �ra� �,�✓�'7�f a�p�',. �,Fan,a r r£w r ,,£ ,, p; 3 e:✓ ad tr";t'e,��'l�rrl�,'�ear ��t ✓d��Blrra r�f'4c sF��1�,`a �rri� „`�r `�iyy✓,.r. B yv � �"r �-: s 1 '' a r � r'r r rr rzr�f a 3i�ra'F4do-�j%IdS���y'v B��dt�d y' ✓ < s adg.'zyat'I�(f� "�:',T,y�,rYq 'B- *�.✓�ga$ ✓ rY i r' F � �f a� r P P i �'f✓'�Y)tr i '� W✓�S+a 1 ✓1i+.^r �F pG?l rr� f .�IM1 t'+; £f'r", yvn r ti `.l Ij � fip lrl¢ ✓ x'����'rr«n§�" irH. r"i pr 4 rr✓✓a ��e�ain�F r �n �� y��f,£ �kr�l� r > o � of/ar��'i�`r v�afx5 p`e'r nil re GvN�"�k u£ at �ra fix; " Y�✓4 stf i� ��:� J aY' � rah f ✓'e )✓IYlka l ar s a^olry ���e�iP,�' %� ,7°�'�ti'a%L �r�i'"�`zr - �r yy�,Y�n��'N �r r,v.*l� �'al -;,,��✓�sr✓ f n�%f niz l�'�L�1'""£�I i)J£i�h+,U'1 ?.,+Sa�l���a �rv�y�.irr�ar� "r�� ..l?/�.���i' a >�"�1 r v ✓ro- y r£ � [k rf;Y �v ✓v r lr v,xr �yaag f� B`i"4,tlr'.^jB�S h}/r��� lr rB ih'NB'�';1 /`B+ ru �Pti f r r r.N a%n rZ ✓ Sn �� le.✓N {:8,��'�l`k)iv�. +p r� ✓l' ✓ l .'✓ - af? ,�i� a ✓o 7 < ty�?• ✓�v'/r tils�j` h//++�' / s7lxp N � )6 /r� '''^�: l?��✓}� l r r ✓-'r a u�f.,A.�y ire`sL r✓radl a�+g� �Nt ✓� ^`��,a.�f �✓v. i _ i<.t .w,...,, b . ._;Y a„r.. 21...f'w'.u.1�'... uu✓IWvPL��''ii�>l�'i...K a ,r. E�xnxrxEE� s KH:W YORK 1lTII i.AI:)73 LITIIIEt L`HICAL�� 1800 WALNUT STREET PHILADELPHIA SUBJECT Letter of Transmittal FILEN? 2432-0 November first , Nineteen twenty-six. 4 Fishers Island Farms, Ino. , Fishers Island, a' New York. Gentlemen: - Complying with your request we have made an ' investigation of the rates% charged for'^ vice on Fishers Island, New York for the utility ser- ; � pressing; our ,judgment relative to their adequacy, on the basis of both the present and proposed development of they y island. The results of our investigations are set forth f' in the following xeport , which is herewith respectfully a, submitted, Very truly yours, DAY & ZIMIWMLUjN, INC. HRM:PB H. R. Martz, Manager, ' Investi.gations & Reports Department . N: :N AU!i l'IIFCI!i PNOM T1118 ffGPO11T Af16 NOT TO BE USED FOR ADVERTISING r.., PUNPOSES OR OTHERWISE PUBLISHED WITHOUT FIRST OBTAINING OUR CONSENT n/�B t !S � f i it 'l'I'rdl4/��f fs` aL l2 r i; / r l/ dye. e2 /f YJr>t vi VA W. Oa ZOO, ✓.� 6 r xv:'" a r -V%5,/r ry �Jfi 6,r" 2 p.dwr)fah > L/ � s Lf�n)�' ✓O�� p r � .r"Vi OWNING '� l J✓ s� r/�c 1 � li/ kt k✓ J W/f� lA� r py, �m, l � f PAGE P. v. No. 2432-0 i 3 e. I N DE X ..,.._......:��.� Page INTRODUCTION . . . . . . . . . . . . . . . . . . TERRITORY SERVED . . . . . . . . . . . - 6 Map showing Present and Proposed Development5a ELECTRIC LIGHT AND POWER . 7 - 35 Description of Property. . • • • 7 - 13 Present • • • • • • • • • • • • • • • • • . 7 - 12 Source of Power. . . . . . . . . 7 - 9 Contract between Borough of Groton and Fishers Island Farms, Inc. 7a to 13a Transmission . • , . • • . • . 9 - 10 Distribution . . . . . . . . . . . . . . . 10 Street Lighting. . . . . . . . 10 - 11 Wholesale Oustomers. 11 - 12 Future . • • • • • • • 12 - 13 Investment i4 �9 Present Investment • • • . • • • • • • • • 14 16 Future Investment . . . . . . . . . . . . . 16 - 19 Present Rates and Earnings and Expenses, 20 25 Present Rates • . ♦ { • • • • • • 20 - 23 Present Earnings and Expenses. • • ♦ ♦ 23 - 25 Tabulation showing Estimated Present and Annual Earnings and Expenses. . . • . . 23a Future Rates and Earnings and Expenses . . . ♦ . 2 - 32 Suggested Rates. . • 26 - 29 Future Earnings and Expenses • 30 - 32 Tabulation showing Estimated Future Annual Earnings and Expenses, • • • • • 30a w Ownership and Operation of Property. . . . . . • 33 - 35 TELEPHONE 36 - 67 '7 Description of Property, • • • • • • • ♦ • • • • 36 - 45 Presents . . • • • ♦ . . 36 - 44 Interconnection with Outside Telegraph and Telephone Lines, • ♦ • 36 - 41 Physical Property 41 44 / • • • • • • . • • • • • • • r - Fu44 45ture • • • ♦ • • . • . • • • • • • • • • • • 55 Investment . • . . • • • . • 46 46 - �F$ F Present Investment • . ♦ Future Investment, • . . • . 48 - 51 Present Rates and Earnings and Expenses. . . 52 - 588g Present Rates. • . • , • . • • • . • • • • 5z• ` 56 a Present Earnings and Expenses* ♦ . • • • . 53 - 58 Tabulation showing Estimated Present Annual Earnings and Expenses on Basis of Present Rates, . • • . • ♦ • . • . • 53a Future Rates and Earnings and Expenses . . . . 59 - 63 Suggested Rates. . . . . . . • • 59 - 60 Earnings andExpenseson basil of resent volume .z of Busine&'. &♦ZIMMERMANN, INC„ NGINEE ♦ 60 - 61 B�E7. • • • ♦ • • • • • • • • • • 3 ®A910 P1110A110.30 PAGE 'IB I P. O. No. 2432-0 J' INDEX, Oont �d. Page ri� TELEPHONE;, Cont 'd. Tabulation showing Estimated Annual Turnings and Expenses on Basis of Suggested Rates. 60a Earnings and. Expenses on Basis of Future Volume of Business, . . . . • • . 0 • 62 63 Ownership and Operation of Business . . . • . . . 62 •. 67 WATER SUPPLY. . 9 68 -100 Description of Property • 688 �, 7 Present • • • • • • e 68 Source of Water Supply. , e • • • • • • • a • • 68 Z9 Pumping Plant . . . . 69 70 Storage Reservoirs. • $ • • • • • r • • . • • • 70 71 Distribution System . . . . . . 3 Wholesale Customers 71 + Future, • • • • • • • • • 74 7s 77 Investment• . • ♦ • • • . • ♦ • • e • • • • • s • • 8 '• Present Investment , • • • • • • • • • • • • 78 .. 80 Future Investment • • • • . r • • • • • • • • ♦ U0 - 83 Present Rates and Earnings and Expenses 84 _ g2 Present Rates . • • • • • . • • • • 84 Water Rates, Service Conneotion Oharges and Meter Installation Charges, . . . 84 ., 87 Tabulation showing Service Connections and Meter Installation Charges, eta. . . • • • • 86a Earnings and .Expenses on Basis of Present Volume of Business . . , • • . • . . • • • e • . • & . 88 — go Tabulation showing Estimated Present Annual Earnings and Expenses • • • • • ♦ • . . 88a Earnings and Expenses on Basis of Future Volume of Business , • • • • • • • • • • • • • • • • • 91 "" 92 Tabulation showing Estimated Future Annual Earnings and Expenses on Basis of + Present Rates . . • . • ♦ . . • • . • • • , gla Future Rates and Earnings and Expenses. • • • . • . 93 - 97 Suggested Rates • . . 93 Meter Rates . 9s e s • 93 Tabulation showing Estimated Present Annual Earnings and Expenses on Basis of Suggested Rates• . • • • 09 . 44 4g5a Earnings and Expenses on Basis of Present Volume of Business . • • • • e • • . e 95 - 96 Earnings and Expenses on Basis of Future Volume of Business • . . . • • • . . . . • • 96 97 Tabulation showing Estimated Future Annual Earnings and Expenses on Basis of Suggested Rates . • . 96a Ownership and Operation of Property • 98 w100 wP, DAY & ZIMMERMANN. INC.. ENGINEERS i f r 1 � f" > r r „: r zs�t� ?.,�� f^sf�al,� �kt✓,1f*9(�f rr�✓i%?v l I f' I 1 R —f✓i 4/Y l I .✓ 4" r a y ��. � ✓l a�/ A`� yu ( r / fv✓a(:,��i a 5�.,r f I flj/ di (qf �/�ar s��✓��4r � �fr�� VY,ax � f t MV n s 26 se, / � ✓ n. r r I ✓ r 1 I ✓ i /f1F ya s4k'I / f✓ c � { y x / ✓ f '� yn a i/ °Hv/ 1 '.. rr ., s v � / f /S /fr /' r✓ra r ro J� / Y SAW r`7n.'WY, t'} i } « c c u, r i Si l i ry ry r`a'r 'ys f r/ r ✓/r / 14 fi l f ftNT}�ar re ,, d ar .ta s r r790£. ✓ i n'� c A r �y t,l� � r �� s r s I� r ` r f z r rl .✓ r t i ( F i,2 t�` � i a � r > / / n 7 it ��� C it r zr ✓ / �I (�✓ '"�1 � ���wf�rF� �I� e i 1 1 /!tn O ;✓6✓ i r c. �h/ r r/ Y/ y �1 v� { Ni r y � r fr � ;/ ( vh r( ✓y P if r✓ 1 �. f /l1 ✓r+fae r/ 4 d�� Bob a ✓> f srr �'a�a �'$ f /YI � � U sttTf�"' � � f < � ��f W/pry ��r� ��/t 1f ✓P > Ki ( r✓v � r v a a°4�r"` ab"�a > A`✓� X �r i d � � r r t ( :'., ( ✓ � J r � /S'� tG �f da�wi ro rt t/ n r f S r f ` s �' i F' /rrf ✓a"f d ✓ v f rv3, rq ^. ✓ < fr r ( E t+T rata ;��'��'�ft� �� � is ( n + �;( / rrf JYr 47 / '# '/!/.�a f% ( Nr f§r f f i )y t✓9Y r/ �'('."`"v ���,b,Ti,�T,�t r y �. �fa. > yrf r trv✓;r> s rf i i�r✓� ( r .( (irrr r i /9r rreac� Fly4�`k/r by F� �l f s nn � r( fr L r�,, o r r� '. P �. ;✓ rrr f✓ y,yi t�rP of�� sa✓r i�` i 1 r a � i as Y ,/✓/(fiV In � a{i +r�1Y a�?f �f� ,7 1 ' ✓ ' '1 ><� w ° �"r'"!/✓y rr rr�'£s / s r�/a „;`c)�''^ < f (� rr�/ 1 'i-''sig ;tJ3^�q'r�,r .r L✓I v Fl r, r r r ya�'r e / zaa! aafikk'� �t °�`/ ( �+Xi ✓1 °� / / r f Y/er ��y/+s r f r yw//��✓i ftf 1f �a x4�f y � r,�r ^�i�/ 1 SF Y `/ t /} P 1L_ 9 rIf Prr/ "Ft 4 rFf1S �YQY � � � ✓, r7Aaw 11 �r�r J}a h -r v�' "� %.✓ "t uq !,✓, �S l,'awive�� { a�i4 ��/� r' 1r o rk ( t a �2 I a1"rc ri / /rr t � f0 Yana' . aro✓ '/ /< C"�F r /a� �/v'�r7^'ia .fr),ft/ r T i � s s 6 � lsw ✓ /a"� ' ii�42/ 'u`�J'aywl�( �?✓%'�) A4N 's�j r � j /° t f `+/i'�fri r `' ✓ /''/�wx 'r'v",�, ��`�` r r�+r'31 � 't`/� a , m(."I �L Vie,.:V 1 21 PAG E. 1 P. C,. NO. 2432-0 REPORT NO. 2432-c ON �a PUBLIC UTILITY OPERATIONS " ON FISHERS ISLAND NEW YORK TO Is, FISHERS ISLAND FA , INC. ----- � r� FISHERS ISLANDo N. Y. Philadelphia, Pa. h, November first, Nineteen twenty-six. INTRODUCTION Ili We have made an investigation of the ,publio utility operations oonduoted on Fishers Island N. Y, for s, the purpose of developing the following prinoipal matters; a h;. 1. The reasonableness of the existing rates r{' charged for eleotrie light and power, telephone and water servioe. 1; 2 . Revised rate sohedules where found war- ranted by the cost of servioe, viewed , yu ; in the light of the future development of the island. 3- Tentative oontraots between the utility G , oompanies to be organized, and Fishers Island Corporation relative to the operation of the publio utility properties. � The physical p y property used and useful in furnishing y the servioe is owned in part by the Fishers Island farms, Ino. , , w ora and in part by the Fishers Island Corporation, but for the r'" 3 J �- ABSTRACTS FROM THIS REPORT ARE NOT TU DE USED F011 ADVEItTISINf, PURPOSES OR OTHEIIWISE PUBLISHED WITHOUT FIRST OBTAINING OUR CONSENT r, UAV & ZIMMEHMANN, INC., ENGINEERS �L PBsns s n-oom a.ao _ __ PAGE 2 :..` P. O. No.2432-C purpose of our analysis of the rates, the divided owner- ship has been disregarded and the properties considered as one operating unit. In making our investigation, we have considered, among other things, the following principal matters; 1. The estimated cost of reproduction new and such cost less accrued depreciation of the physical property as set forth in detail in our Report No. 2432. 2. The estimated cost of improvements and extensions to be made to the existing properties for the ultimate develop- ment of the island as now planned. 3. The present gross earnings of the properties and estimated future gross earnings on the basis of the ultimate development of the island as now planned. 4. The operating expenses now being incurred in rendering service and as estimated on the basis of the ultimate development of the island as now planned. 5. The conditions which must necessarily form the basis of the agreements to be entered into by the Fishers Island Farms, Ino. , and the Fishers Island Corporation for the operation of the utility properties, For convenience of presentation, our report is divided into the following principal sections; I. Territory served and its Ultimate Development as now planned. II. Electric light and. Power Operations. u DAY a ZIMMERMANN, Inc., ENGINCERS o, PACE 3 P. O. NO. 2432-c ( a) Description of existing property and proposed improvements and extensions thereto. (b) Reproduction estimates of existing property and estimated cost of improvements and ex- tensions thereto to provide for the ultimate development of the island as now planned. ( o ) Present rates and earnings and expenses. ( d) Proposed rates and future earnings and expenses. ( e) Operating agreement between Fishers Island Farms, Inc. , and Fishers Island Corp. III. Telephone Operations, ( a) Description of existing property and proposed improvements and extensions thereto. (b ) Reproduction estimates of ex- isting property and estimated cost of improvements and ex-- tensions thereto to provide for the ultimate development of the island. as now planned. ( o) Present rates and earnings and expensem. ( d) Proposed rates and future earnings and expenses. ( e) Operating agreement between Fishers Island Farms, Inc. , and Fishers f- Island Corp. IV. Water Supply Operations. ( a) Description of existing property g and proposed improvements and extensions thereto. DAY & ZIMMERMANN, INC.. ENGINEERS hr : _ B eae m n mnioea ,1 PAGE 4 P. O. NO. 2 .32-0 (b) Reproduction estimates of ex- istine property and estimated cost of improvements and ex. tensions thereto to provide for the ultimate development Of the island as now planned. ( o ) Present rates and earnings and expenses, ( d) Proposed rates and future earnings and expenses. ( e) Operating agreement between Fishers Island F'arme, Inc. , and Fishers Island Corp. ' DAY a ZIMMERMANN, INC.. ENGINEERS f4 �^+P;f�"✓� ,. > y r I`;jsf�I`rfs'lf t ✓Gt _/.sra / f,sl1f{ �r ��/a �JY'.7/�"sfs w�4, gra�jl ✓� ,. y r �„ s f 3r^ +7f/ saj r�`a YnT��£l'"��17r��'�t��//q ✓J1���s.,, y .S £ `✓ (d yy r ���� "rrl cis" a��"rv'��l"sfJ/1��,,"�` J r r I✓ i f vF r x r /r" ij!rf°j 1(r✓5� 'I v���l"k /4�W�����P k G'X Y / t r'u f s Y rf sy�tiJak�S�'J+wir✓�sl �{�,��,Y""k r �+ � 6 ,r. �. r l yr f ✓y l/ rr ° rJi�riT r q`j�# �t f ��,_,y x _ y / U 1n r✓r /i y rr �„c �j"ri {^ r �� � . riv u y x�'y✓y�'��,"lls�},£L r`�Aft���� 9 r � °/s / ;t £l g 9 nurL i ! '�✓/r"li l y5r tv/i'r£��+ r t r / F rr rT/� ruT1.+��t(ty./d �j'✓�fr�l�j/' r e � k't 7+5' 'J '� yi r t J 4 r f�;},,£Jy�h[a Vr ✓✓'' y �y '� y y ! a / y s ✓ r s r r � rn,, !ppf'L L./rdcy f 'r�yrx,'1tY�Y,e'�°uJ'�r y V s s/ { ) Fr�✓yy xr{u9 �,yys,/irH t� i£�a �: y y "�, e t 95 r r fr yL ry f✓ x�jl�vr 11 ✓inn r l / t s 4 � We r / / �'?r [� nl ru✓r�- s n � i r /, s F � r k� r t rr f i i�y /y 3, rSS rl�=✓J��� 3,31�.�'1}c `� a i' ✓s u � I ,&✓ v y i 1 /fr rr u.= '. ✓ `r fi aur f �l/ s4z%l l y r✓f a rY 1 � ✓ � £ y F.S yJ y, rv3 y £� "� � � z y s � y' r" r yrin r � s � ✓ " r ryr /n�� r S ✓ / r J 'u y v',�>✓y Jr i i /, 1) f (r t S U f fi/✓ice r4� � ye r z r y f l yr ✓� r � a? d ;,�Cdl �F4shinrra r� a j W _r J ;. .= y / Lac r t .,;n ✓ r ' s � 7. ys/ r �' �i�d 1, %Y;rn�g A / a rr r tsd sin bu x,ss �rfns rti,�`ld �t���4 � J { f y �/ / mr u +/ f fi�� " /�/ J�J'✓JL���r tr n'/y��'riN y'," 5 I v y w ✓n y (�G r9yiij'iv'�ir' y J�yr✓r' �F ksaW� r a t ' i ✓� y i s' i c y ns�( r k/ n � y,41✓' w l`'',i��W F'F Ys ir�rrl�'��+� an�u�r�v�� � ,i� f lilry f ea'l rf i ✓�r ne L / f A � J � � a r f x vr� rr y 5 i�'ft� st✓,✓n lFn"' s,H/1�4�Yti ren�;.} iL� ' " r !' r= + l ✓r ✓ ' f x�!>i i rY��un oa �� � rs y N r n � t .. y, "' x�r�/`.Y /r rWs. �, r"x�71 u t � ✓n uy ra� �� err £r}Fil /ra,� n'CT /` � y ' (yJ� � v '£ y' t f y yf r� t%a✓' " Ni/i'✓h/ i i�`�.cJ,,�vi t!N� �+��!'�k`(ol�?ny �,f r ,I w &J/f As �y i t� !`t n. b ""f "i✓W !s✓k„°,/?r f�+r^r'r!}/lr! �a,'�'�s} £/� n i ,�sh r r y .. 3 pTi r WyW Wi v/ fdfnr Jc.�lXW�S{.Wsry/z2 Jr� "yly �� t ,, I /u ✓YO 4 r y � 6'�b7 � t) W�'y F-h ycJ l £ r y frru [ryr/ 1' flys vW v �rtfY�r;�r�yJss yminyrf y9,� °s r�,�y�0.£ry�i"�� rnl�c�s /� � u L x u.L l /i s`�v'p y�,�/`N:Ssa"rv�r7;yj r' saf£ay/aa''�"`�1✓En� � �,�` „� $ x� ( d f / J �s x fG t"ls(k tP' rj 4 J✓ ndr d Nsr T£ h %y r ' r en rrn ✓y ys`' sysW'n J' tsar:✓ � > faux,, ''v ar"a£ h✓a �4✓yt�r����a'u,� 7 , t ,: M t Jry�^hs "'�i��y�✓{1�1>�r yMn 5/rT ��w f vc.`;�=i'%'rnu�i.�'',;��a*�'Y�/a��^'�.',y 1 e r zrs 's lrrn sJX..r f {"✓,:'iy� ' 3 ,wY�e�"mt ftuw'>�'r5<�����krn�yS�r s� � r / y. a W i y y rz l iu) ✓ ✓ ,�t nryr� ,�v�ua�r ✓,�?'�'v �) � .c r r i Y7J�: � f r>" h++ � 4./ in n ✓�.✓e/ n i yt ✓ t r / t -/ r y %i// t ex / yFGYI '�'r`"�3� r.. ra %S✓� '%�`"g/irS�'�,�?' a /.�-viy � >f y ✓ i t y /s ✓sA £ 1 < 'r''f'✓uPvl'd tf rsf is r7 k"#uW"n�����'r��r,�11'f ifry y„��a"✓��»J� £�rj� ''C '���. . + y r yfr��/{qr rrr 1 ✓gG� s ✓ri tltlk 'y'✓ f '�'. I � 3 :� " t %Y s�a 1s J✓Sx�lP'/��x'k-5 � Y,"1�7 jaF�v �/,�J £z �dFa, ��f x M J F f£'ri'r iti"Yrb ✓�����sri��'ur/y�I V Y ,�., Rpt r? c 'r n7 w / r/ r � r it"' 4 r�y'a'9�y ;.z+r) "W '' ✓Y�F f�£'d sr � l- r{ r / f .x tnYry4 "j RF, 1rt5 ', I/ {, >/ {l'.2 J �r"✓?��f ,gy�'S� }y W� e a/�� q r,��%gk l�f r n`"`i L Wt���'{u r '/✓T �vYF"`3ss✓Gr ✓rl��y-3 ?���l p,n erg� dl u �:P I v?�W�r:��-' � stair l �r ✓ n J'v £`rta �^ d / wFP s�?; rt 2y/� JfY ey 1 Y � x. } hex{,1✓t> a P� Yhi��/"�Ye,�i5'ki� lNr�r"��'�'�i���'��� � hk�� r� y �'':, r .rp', (. �'✓F; f y � z I✓✓1u�Ll' £ ✓ t7 s=y ✓r{ r rr' a,+l,wr�'i ;` �{ ;,,ir�uyh�,n 1 � y v ,i' rf`y`n y{ ng / ul1 at r`'+e. t ' . Yf�1r,.3iy } y_,l .k✓G� r"'i Erl yd H�,(w„�2`}r.�. 'C� psi..r ;�° IP *"i r ;1 3h9 f✓ f 'P7an'^4` `SY,�J ls"�dl Jv J r Jr f"r"�rez?ib r"'i � ✓ 'si�;1J�f s �u�+ s�'"�' �,�a�i- � � h /. yl ,i F127 Pa;e 5_s _ Ciw'l.r 10 POWIER CABLE Okk) I ON / to C:{�tUTOnI / ll_Lt PHI_tNECABLF_ i',o.,r !INETU 1 N:i VN LUNDON / J ' I I' IsFi AltI1 l $ �✓ via vaJ Po •,e 0 ,�\ - �IqY kO 1�J^iJ O C 1100, -Mp UNr CO I /... � Y 1/ Z in n JJ J mina r.^i ory f a � .. aFY /� pY SFA - - _ �� ✓ ','FBS .. w � � @a A r,F^� 6 f g @. ry� •N Wousc: �'t PF � a. r l m� 1`T 1 re �i nn,.,..nr ....�""'✓ �+t 41`x, .., RFSERv01RFh mium�, : r .r � ,�",y. v..;[ q � �i ✓�,ti � �`4� , ankM� r+urvo `'� EAST Cb' POND al F ��J � +e n -' 3SAFlN0 4aFASo �� nu�rav Ei'au„t, vFzcll w.,,r. (1n A' FARM ®W i)Ek N£eii r BCA��I� r ClA :�- ! FARM 0 Y D IFIO Y <[L.VN FARM 'ENCE E_ .NT' FSP0P05ED C;::.'V 1,0r A NT F15HEk i I5LAND N.Y. E cND " PROPOSED DEVELOPMENT g DAY ZIMMGRMANN,I NC. E N GIG GE k:S Nf W lro¢,K PHI LADUPHIA CH CAao PAGE 5 P. o. No. 2432-U TERRITORY SERVED � ! The territory � y now served and to be served includes the entire Fishers Island, the h p ysical oharaoteristioa of which aro Shown by the map opposite this page. The island hag no industries and with the exception of certain plate, owned by the Federal Government and private individuals, is being developed for summer residences. Up until April 1925 the development was carried on initially by the individual owners of the Island and latex by the Fishers Island Farms, Inc. In April 1925 approxi- mately 1, 800 acres were sold to the Fishers Island Oorpora- tion, a corporation organized to take over the undeveloped portion of the Island, provide public utility facilities and to promote the Sale of land to individuals for summer home Sites. Focally the Island is divided into two sections known as the Last end and West end, the division being the Poultry Farm Fence as indicated on the map. The Fishers Island Corporation has Subdivided the land on the east end and is eng-,aged in an extensive program of improvements thereto including new highways, public utility facilities, golf cou.rs e;j, club houses, eto. DAY tk ZIMMERMANN, Inc„ Ewa,• Pa. , PACE 6 P. O. NO. 2432-0 Up to the present time practically all of the i development in the nature of construction of private homes hes been on the western end of the Island as is also indicated by the map opposite the preceding page. In July 1926 there was a total of 200 houses on the Island of which 175 were on the west end. and 25 on the east end. The ultimate development i ' of the Island as now planned provides for a total of approxi mately 500 houses on the east end while the available land on the west end will accomodate about 50 more than at present. 4; On this basis the ultimate development of the Island will amount to 725 houses together with auxiliary buildings, such as club houses, hotels, stores, eto. The period required for the ultimate development of � 3 the Island is uncertain depending upon a number of factors, In this connection we find that the Island is advantageously '' located, being readily accessible from Boston and New York, and has been well known for a number of years as an exclusive summer colony. At the present time there are four hotels and two clubs. The federal Government activities are in connection with' the operation of Fort Wright located in the southwest 'r corner and the Coast Guard station location in the northeast corner of the island. f No statistics are kept relative to population, either all year or summer residents. The summer season extends from June to September. r DAY & ZIMMERMANN, INC., ENGINEERS q r ui I ,n 5 � ' �x1 � / k; r/ 7rr s !e xa r y ft r I / Y ) 211 Aw MEN o Ali t itI fir,.✓. •v .'.n,. I , MU/MA !Pop 411", 'I a y sS ARAM J ��{vypryry�A�� yM� a ✓ I Yr s /F "CHR f � F A u / WE b, j f I y r J /J j� / 1 2 r "J v/ / r x Y r�_ 7�7y / tPf�,J✓'/tix�SN'dJ,` u D y, 7 r r / Ji TAXs t / . .mma �«... .,rr, , / ..� _ ,� � ,,. _ .. ,.a. _.n ✓. w........uc��Jd,v.au. vI„ v%f,�� '� / r �� anxw �1sfY1� lr f �f n1� lye !i �n d � r } { �x i/dry iil!�e51> } s ! b y y yr r ON ' OWE � � r I a3a'11 Yxl M }Q Ta ya f S f Iw�S r l i',.Yp' i �. 3 r A i✓� RfCr"S5 I I 4 i f J A Q(l k✓p�f/ y��w h,1f-4 i�. _ S f� r ffY r ;+q��rlly„ar yawl F r s �} t r/o fll� G'`f f Jove}✓ E n Page `j a P. 0. 2 32-c THIS AGREEMENT made this 23rd day of May, 1922, by and between The Fishers Island Farms, Incorporated, of Fishers Island, New York, a corporation organized under the laws of the State of New York, hereinafter called the Consumer, and the Borough of Groton, a municipality, acting herein by and through its Board Of Water Commissioners having charge of the Water & Electric Light Department, of said Borough of Groton, duly authorized, hereinafter called the Department; o `z NOW THIS AGREEMENT WITNESSETH: that in con- sideration of one dollar each o the other par=, T& receipt whereof is acknowledged, and in consideration of the mutual understandings and promises hereinafter set forth, The Water & Electric Department agrees to sell and supply electrical energy to the Consumer, and the Consumer agrees to use and pay for same, under the terms and con- ditions following; 1. Terms The term of this agreement shall extend from the day electricity is first delivered to the Consumer hereunder, but in no event later than July 1, 1922 unless such beginning is delayed .by fire, explosion, flood, strike or unavoidable accident or Federal, State or Municipal interference, failure to secure material or other cause not reasonably within the 'control of the parties hereto. It shall terminate on any date after March 1, 1929, fixed by either party hereto, giving to the other at least one yearts written notice specifying such date of termination. 2. Service Agreement The Department agrees to sell and to deliver to the Consumer such electrical energy as the Consumer may from time to time request of the Department. The Department shall not, however, be bound to sell and deliver to the Consumer electrical energy up to a demand in excess of three hundred ( 300) K.V.A. unless the inoreseed demand has been requested in writing by the Consumer. The Department shall be prepared to meet each such request as soon as possible and in no event later than nine 49) months after the receipt thereof, un- less prevented by reason of any cause or condition beyond the control of the Department or by reason of any action of the civil, legal Or military authorities. The Department shall exercise all reasonable diligence in removing the cause of delay and qualify themselves to respond to the needs of the Consumer as indicated b the written $ request. y yG3 � R4 j1A 9 al PAGE 7 P, O. NO. 2LI.32�C H- w s DEStlRIPTION OF PROPERTY PRESENT source of Power r� The power requirements of the island are purchased at Groton, Connecticut and transmitted by submarine cable i- I for distribution on Fishers Island. The contract between the Borough of Groton and . i . Fishers Island Farms, Inc. , was made on May 23, 1922 for an indeterminate period with a provision for termination on any V date after March 1, 1929 by one year's written notice from either party as set forth opposite this and following pages. The Borough is not required to sell or deliver x current in excess of 300 K.V.A. unless the increased demand ,'. has been requested in writing, when the Borough must supply VP Y same, at least within 9 months of the date of the request, The Borough agrees to supply alternating current r at a substation on Groton Long Point at 2300 volts, 3 phase, e" 60 cycles. Because of the installation of a second cable as hereinafter described energy -is now being furnished in i. part at 2300 volts and in part at 6600 volts by mutual j' agreement. The monthly billing is on the basis of one ^� point of supply under the terms of the �oontraot. DAY & ZIMMERMANN, INC.. ENGINEERS IR page 8a P. 0. 2432-0 MEr 3. Standards of Service " The said energy shall be supplied in the form of Ti three phase alternating current at a frequency of approximately sixty (60) cycles per second, and at a ptential of approximately twenty- three hundred ( 2300) volts. Variations in frequency and voltage of the energy supplied shall not be such as to prevent the reasonably successful and efficient operation of the commercial eleotrioal apparatus of the Consumer, provided that such apparatus is of standard „ �� design and that the tlonaumersl system generally is laid out and Q operated in accordance with good practice. f 4. Place of Delivery The Department shall deliver said electrical ener at a point designated, and which the Department will procure on the shore of Groton Long Point. 5. Measurements, Tests, eta, ( a) All electrical energy supplied hereunder shal be measured on the Groton Long Point Shore and delivered at the voltage �. of 2300. The Department will, at its own expense, install and main- tain suitable meters necessary for properly indicating or reoording the data necessary for determining charges under this contract. The Department will build the 2300 volt branch line from its present line to the place of delivery (as stated in article 4) and install the necessary auxiliaries, including lightning arrestors, to deliver 2300 volts to the Consumers cable. . (b) The Department shall have the right tat all reasonable time to teat, re-adjust or replace its meters and auxiliarie Provided that reasonable notice shall be given to the Consumer before each test, re-adjustment or replacement is made, in order that the Consumer may, at its option, have its representative present while the ryT work is being done. ( c) Said meters furnished by the Department shall be tested and calibrated upon written request of the Consumer, by Persons mutually agreed upon, and in the presence of duly appointed representative of both parties. If, as a result of such test and t, calibration, any meter shall be found in-accurate it shall be restored to an accurate condition, or a new meter substituted. The Consumer fil shall bear the costs of such tests unless the meter is found in- 3. accurate. (d) Any meter tested and found to .vary not more 109, than two percent fromnormalaccuracy at all ranges within the limits between which it is in use shall be considered correct and accurate. al PAGE P, 0. No. 24329'-0' All payments for current are to be made monthly and should the Payment be made within twenty days after bill is mailed then a Prompt Payment discount OT 5% is allowed, but should the bill not be Paid within the thirty day period after it is mailed an i�orease of 5% is added* The monthly bill consists of a c apacity charge of $3- 00 Per K-W, Of Maximum demamd during the month and an energy charge of 3 cents per K.W.H. both s-abjeot to dia- a -anto as shown by the following tabulation with the o provision that the minimum unit charge in any month shall not be less than 2-'� cents Per K.W.H. subject to a further ount of 5 percent for prompt payment. disc Tabulation of Discounts Demands Discount I to 20 K,W. 1% for each K.; 21 to 40 K.W. 20% for the lat �O K-W-Plus 0.6 of 1% for each additional K.�V. 41 to 8o K.w. 32% for the ist 40 K.W.plus 0, 3 of 1% for each additional K.W$ 81 to 120 K.W+ 44% for the lot 80 K.W. plus .0.1 of 1% for each additional K.W. 121 to 300 K.W. 48% for the lot 120 K.Vj. plus 0.02 01F 1% for each additional K.W. :301 to 900 K*W. 51-6% fo r l the let 300 K.W. Plus 0#015 0 f % for each additi'onal K.w. 60.6% for t4e let 900 X*W. -W- 901 to 1600 K Plus 0-005 of 1% for each additional K.W. lt501 and over t 63-6% k DAY Ek ZIMMERMANN, INC., ENC31NEERS d Page 9a P.O. 2432-0 If, as a result of any such tests, any meter shall be found to register in excess of two percent above or below normal accuracy then the electricity recorded or indicated by each meter since the last monthly reading previous to the request for test shall be cor- rooted accordingly by one-half the percentage of error so found pro- Viding- that this percentage is less than ten percent, but no cor- m9� -rection shall extend back beyond thirty days previous tothe day upon which such tests are requested, and if during such previous thirty days one or more prior tests and adjustments shall have been made under the provisions hereof, then no correction shall extend back beyond the date of such prior tests. Should the error in the meter exceed ten percent, then the probable consumption for the pre- ceding days ( 30) ( or since the last test if within thirty days ) shall be estimated and paid for as may be agreed between the parties hereto or in default of agreement the dispute shall be settled by arbitration as provided for in Article 7 (d) hereof. 6. Price and Payments All payments shall be made monthly. Bills shall be rendered during the latter part of each calender month, and if paid within twenty days after the . same shall have been mailed by the Department an additional discount of 5% may be taken; if not paid after the expiration of thirty days, then, in consideration of such delay in payment the bill shall be increased by A the 5% becoming a part Of the obligation of the Consumer under this contraot. �.. General Conditions If. the Consumer on account, o;E unavoidable accidents, fires, strikes, lookouts, state or national authority, or any cause not reasonably within its control, be prevented from receiving and using the electrical• energy herein contracted for, it agrees in each case of such- shut down or interference to proceed with all reasonable diligence to Put itself and its work in condition again, tp utilize the normal amount' of electrical energy. The Department will exercise due diligence to keep available for the Consumer a continuous supply ,of electrical energy at 8.11• times, In case it shall be prevented from delivering the electrical enexgy wholly or in part, on account of fire, explosion, flood, strike or unavoidable accident, federal, state or municipal interference, or any cause not reasonably within its. 00ntrol, it will proceed with all reasonable diligence to put itself and its works in condition to con- tinue the normal supply df electrical energy. During the existence of such interruption it will furnish pro rata with its other customers. M al cas s n.v orn ro.zo PAGE P. O. NO- 2432-0 r i. The minimum charge under this schedule is $3600 per calendar year, adjusted at the end of each year. It is understood and agreed in this contract that the energy charge as set forth is based on the cost of coal alongside dock at Thamesville, Conn. , at $3.50 per long ton, having an average heat value of 13, 500 B. T.U 's per pound as received. For each 10 centsvariation in the cost of such coal delivered alongside dock at Thamesville, a . correction factor of $0, 0001 per .K,W.H. is applied to the energy charge without discount. This correction is added if the cost of coal exceeds the specified $3.50, and sub- traoted if the cost of coal is less than $3, 50 pek gross ton. The cost of coal is taken at the nearest even multiple of 10 cents, and. adJastments' made monthly. Transmission At the present time, there are two submarine power cables over which power is supplied from the Municipal system of the borough of Groton, Conneotiout, to Fishers Island, One of the cables extends from Groton Long Point to a point near the Munnatawket dock on the west end "of the island,. and the ,other from Groton Long Point to Chocomount Cove on the east end as shown on the map opposite page 5. The latter cable was installed this year. Electric current is transmitted over the first mentioned cable at 2300 volts DAY & ZIMMERMANN. Inc.. ENGINEL•'RS I Pae 13a I P:O. 24 2-C 4 Nothing contained in any part of this contract shall be construed as permitting the Department to refuse to de- liver the electrical energy to the Consumer, or the Consumer to refuse to rdoeive and use said energy as soon as the cause of any interruption of service has been removed. (b) The obligation of the Department under this contract is subject to -and conditional upon its retaining all fran- chiles and grants from the State or Federal Government, necessary F in order to deliver to the Consumer the electrical energy contracted for. ( o) If either party shall make default in the performance of its obligations under this contract, and such default shall continue for thirty days, then ( if the defaulting party is the Consumer) the Department may suspend delivery until the default is 3' removed, or ( if the defaulting party is the Department) the Consumer may withhold payment of moneys due until the default is removed. >t Such suspension or withholding shall not interfere with the enforcement by either party of any legal right or remedy. No delay by either party in Enforcing any of its rights hereunder shall be deemed a waiver of such rights; nor shall a waiver of one default be deemed a waiver� of' any other or subsequent default of similar or different nature. (d) In case any dispute arises as to the inter- pretation of this agreement or the terms and conditions thereof, or as to the adjustment of any claim hereunder, it shall be a condition pre- cedent to the bringing by either party of any action, suit or pxooeeding,' whether at law or in equity, concerning the same, that such party shall first take all steps necessary on its part, in order to submit the subject in dispute for decision to an arbitrator, or if the parties cannot agree upon a sole arbitrator, three arbitrators; If either party ( the parties having failed to agree upon a sole arbitrator ) after written notice from the other party of the appointment of the first arbitrator, fails within fifteen days to give written return notice of the appointment of the second arbitrator, 'the notifying party may request the Chairman of the Public Utilities Commission of the State of Connecticut or of any Board which may succeed to the duties of said 9ommission, to name, and the said Chairman may within fifteen days after the due appointment of the second, either party may request said Chairman to name, and said Chairman may thereupon name a rI third arbitrator within fifteen days thereafter. The three arbi- trators may act by majority; and arbitrator or arbitrators, as the case may be shall forthwith consider and decide the dispute after giving 0pp0rtunity to each of the parties to be heard concerning the same, and shall at once notify both parties in writing of their deoi- cion; said decision shall be binding upon the parties and the division Of the expense Of the arbitration shall be decided by the arbitrator or E ' PAGE 10' °V P. 0. NO, 2732—ri F, and over the other cable at 6600 volts, there being a sub- . i , station at the Fishers Island end of each cable from which the current is distributed at a primary voltage of 2300. Distribution At the present time there are two separate distribu- tion systems on the island as follows: " i (a) Overhead 2300 volt primary and 110-220 secondary extending over the entire west end and. the western section of the east end. This system is fed by the cable terminating in the sub- station near Munnatawket wharf. (b ) Combination of overhead and underground 2300 volt system extending from the cable terminating in the substation at Chocomount Cove, to the Last End Farm. The primary 2300 volt lines are brought to the customer ' s gate or to a point near the oustomerb house, where the service is generally run underground to a transformer vault, where the trans- formers step down the current to the voltage of 110-220 volts used in the house. So far the policy has been for the customer to pay for the service, transformer vault, transformers, etc. There are at present 208 meters on the west end of the island and 16 meters on the east end. Street Lighting A street lighting system of the series incandescent type extends only over the western end of the island, the street lighting transformer, time switch, etc. , being located in the submarine cable substation near Munnatawket Dock. qi Y �„+: DAY & ZIMMERMAN N. INC., ENuirveER9 Page: Ila P- O; 2432-0 arbitrators. The failure, whether frcm default by either party in taking the necessary steps in the arbitration proceedings or from any other cause to carry through to a decision any arbitration pro- ceedings- begun shall not prevent the inauguration of subsequent arbitration Proceedings coninby same d party unless there is then p do concerning the same dispute, pending an action, suit or proceedings con- cerning each dispute begun by the other party after taking all steps necessary on its part in order to submit such dispute to arbitration as aforesaid. ( a ) The um De harmless from, and re-imburseCitsforranyaandshlsave all, the 108F) orrtment damage su®- tained, and any and all liability, to any person whomsoever, in- curred by the Department by reason of any act or negligence on the ,part of the Consumer, its officers, agents, or employees, or by reason of the Consumers' electrically charged conductors in or around the Departmentls transmission. harmless from any and all losehor,damageent sustained, andshall savethe anyConsumer and all liability to any person whomsoever incurred by the Consumer by reason of any negligence on the part of the Department, its officers, agents, or employees- in constructing, maintaining and operating its trans- mission system or any of the Departments machinery, appliances or apparatus in conndotion therewith. a 8. price: Demand Poser Hates three Per month per kilowatt"houriOf maximumchareademandtherate plusoa chargedforars current of "three cents per kilowatt-Hour both charges subject to the following demand and primary discounts, provided, however, the prise Per kilowatt-hour, after deducting said demand and primary discounts shall in no event be less than two and one-half cents hour, per kilowatt. �r Y 7= ' 1 Y PAGE 11 . P. 0: NO. 2432- .1 r The 0011tract for street lighting between the town �1 of Southhold, N. Y.; of which Fishers- Island is a part, and the• Fishers Island Farms, Inc. , was made on January 1, 1924 �I for a term' of 5 years. The number of street lights specified in the contraot, amounting to 409 do-eel not include any lights in the Government Reservation or on North Hill. For supply- ing electrical energy to these 40 lights and maintaining same, the town of Southhold agrees to pay $40.00 per light per year. The schedule for these lighter is all night, from one half hour after sunset to one hour before sunrise, for every night in �s the year. Wholesale Customers Electric current is sold wholesale at 2300 volts to Fort U. G. Wright situated on the west end of the island, and y is metered in a substation near the gate of the fort. This service has been rendered since May 1924, under yearly con ,n tracts in accordance with what we understand to be the regular practice of the U.S. Government in such matters. The present contract is dated July 1, 1926 and is for 'Che fiscal year ended June 30, 1927- It states that the Fishers Island Farms- Inc, shall furnish, install, read and calibrate meters to measure electrical energy and the average maximum demand over a period of 30 minutes. The billing is made monthly. The contract can be renewed fir one year by mutual agreement and can be 1 DAY & ZIMMERMANN, INC., ENGINEERS Pi I'ege ' 12a , ` P. 0. 2432-C r . Demands of Discount ( see conditions as to '. payments) 1 to 20 K.W. 1% for each K.W. 21 to 40 K.W. 20% for the first 20 KW. plus .6 of 1% for each additional KW. f 41 to 50 K.W., 32% for the first 40 KW. plus . 3 ' (. of 1% for each additional KW. ` 81 to 120 K.W. 44% for the first 80 KW. plus . 1 of 1% for each additional KW. g , 121 to 300 K.W. 480 for the first 120 KW. plus. 02 of 1% for each additional KW. ' 301 to 900 K.W. 51.6% for the first 300 RW. plus .015 of 1% for each additional KW. 901 to 1506 K.W. 60.6% for the first 90o KW. plus .005 of 1% for each additional KW. 1501 KW* and over 63.6% . MINIMUM CHARGE The minimum charge for this schedule shall be thirty-five hundred dollars ( $3500) per calendar year, and payable monthly and adjusted yearly.. It is understood and agreed that the ener as above set forth is based on the cost of coal alongside 'dock' atoharge Thamesvilles. Conn. , at $3,50 per long ton ( 2, 240 lbs. ) having an average heat value of thirteen thousand five hundred ( 13500) British Thermal Units per pound as received. For each ten cents variation in the cost of such coal delivered alongside dock at Thamesville, there shall be a correction factor of one tenth of a mill ( .0001) per kilowatt-hour applied to the energy charge without discount. Thi s correction is to be a charge against the Consumer in case the cost of said fuel is greater than $3.50 specified, and 'a credit to the Con- sumer if said cost is less. The cost of coal is to be taken at the nearest even multiple of ten cents, monthly. and adjustments are to be made k C Y PAGE 1 P 10. NO. 2 32-0 4 4 cancelled at any time by the U. S . Government upon 30 days ' i notice to Fishers Island Farms, Inc.. The rates stated in this contract include a capacity charge at the rate of $4.00 per month per K.w.. of maximum demand plus a charge for current of 4 cents per K.W.H. The (� energy charge, is based on a cost of coal alongside dock at li Thamesville, Conn. , of $3.5.0 per long ton and an average heat III value of 13, 500 B.T.U. per pound as received. For: each 10 cents variation in the oost of such coal, there shall, be a correction factor of $O, 0001 per K.W.H. applied to the energy charge without discount. This correction is to be a charge against the consumer, if the cost of coal is greater than $3.50 and a credit to the consumer, if the cost is less. The cost of oval is to be taken at the nearest even multiple of 10 cents and adjustments are to be made monthly. I FUTURE I As previously discussed under "Description of Territory", the present plans for the ultimate development of the island, provide for a total of 500 houses on the east and and 225 houses on the west end or a total of 725. In view of the uncertainty relative to the actual number of houses which will be constructed and the time which will be required to fully develops the island we have assumed for the purpose of our estimate of the total electric light and power business DAY & ZIMMERMANN. INC.. ENGINEERS Page 13a P.0 2432-0 p x f yY. IVIr; IN WITNESS WHEREOF, The Fishers Island Farms,_ incorporated, acting herein by and through f - its duly authorized,. and The Borough of Groton, acting herein by its Board of Water Commissioners, duly authorized, have caused their respective corporate seals to be hereto affixed. and this contract to be signed in their names and behalf by their respective "officers, aforesaid, the day and year first above written. ' (Seal) @ The Fishers Island Farms, Incorporated, r , 1( By. Harry L. Ferguson Witnesses: F. H. Hires, a (Seal) i' The Borough of Groton, By G.L.Bilderback ) � ( Board of Water Charles M. Adams'� Gladys Z. Brows ( Commissioners. as to Board of Charles E. White ) Water Oommissioners. Birt 0. Fowler ,f if x a U py'; al ap;,e e.emi ioso PAGE 1j ' I P. O. NO. 2432-C i on the island. 225 houses on the west end and 400 houses on I the east end, or a total of 625 houses. On this basis, the number of meters which will be I on the lines is estimated as follows: West End East End Total Number of bighting Meters 2�O 425 675 Number of Power Meters 5 3P2 3b7 i Total Number of Meters 295 747 1, 042 aaapo aaaaam aasoea ( The excess of lighting meters over the number of houses to be served is to provide for auxiliary buildings such I as garages, boat houses, servants quarters, eto. ,i The power meters are for ranges, heaters and other I electrically operated household equipment which carry special rates and have separate meters. Because of the isolated location of the island and the character of the development a maximum possible utilization of electrical energy for house- hold purposes is expected. Under the present plans for the ultimate development of the island all light and power lines are to be placed under- ground on the east end and provision is to be made for a total Of 500 houses on the underground system. No street lighting system is proposed for the east end. The electric light and Power property on the west end of the island will remain Practically the same as at present, except for increases in transformer capacity, services and meters. DAY !k ZIMMERMANN. INc.. ENGINEERs Lia.. w /y xJ � Y G {t ( r r P srYP1rP�/� ,J'Iv s a ✓r v +��� + ,. ° i 1 t( �r l+sr'9/✓may 7iJ ' '' r r r' f /�tr ✓1 fix 3'4x' >t?ir n P s � s i ✓ Jl if o of rif If s ` "/ s � !x rY✓y(/j j,��1Z 1/'PI''''''a Y (r . t( ( aro'r.yf�b ,f a vi2� �c of s u f s s rr s ( r>l l 2.✓i � Jo-"y PY ✓l qr�@'r re JAh� ro v r /nij .r ' r . � < 1'"J h a✓(r' y r����PCg��� �G� t������ ' y WIN ✓� cf / l ./ s1 r vx�Prn'3 Jdv �'1i i'r '���� ! irflt r l ✓/r r u r r sl✓'?fir �5x �f�� ,✓ ,� sK ,; y n �,J ! / ✓+ r !s( Ir,/ Fuld es`�1",��y�r Jar�t��rY r�� �F' �l'4•J ( ( ( �2 t5� l' ! 0(�id))ul��'I }ry Y�"��?*�✓"`��P(/ I ' Y� l.A r n' ! ✓ r 1 t1 f / kiYt°tJ1PrF �±y`)�K i' r r u n o 1 ry✓Y( r s m r Ta I 'Mw'i 1 1d /.r ✓ t r(NIr I " (t T�ll,.'.v�+�Vj f�L�� � �/�� lel hi rn � J/ r ,:,f u1 f(. 3 i a ,�f ,?IP^�le�� r� � ✓ r h , Ir ( s'K tl urt , v FY ✓ J / 3 � rt s`� r a . r t.,,✓rr r � r rq-di. :�`��o-�'� ( rE,W�'�,-1'"v �� /rt -r r ��itig { /r, j a I o+ / " ! l ru ��{u✓l�ig,Y,l��5�� i�p�Y �l`i rzy9�(,�xt� 4- �"" �' � ! a t / 1 Mr�Y�itt s)vs #✓1'I t4 a v'�Tl�Fn'�cs "'�J �M4+W� { �i� <a �' �a� � r �c r✓aux a`Y*z�'Pnsi� �d9 �J�'`^Jf u'Pt��'��`'r�i�a��.�'� dr' ( r N, 1 nr.a j Jar t�(eY/ ,(r�/!�' ✓ tiijt/r rr�r:`„Y;f�kw��9,Ys Vis.«, y s�. a + / / s r ✓ / ' P 'Pk� r� Pr Jr °,*r(�"P���ra�j� G„>✓�' ,.Pt m7�,ay J�Lpf ,f ✓ Vol a. P ('Ef" ts'.u. ✓ t j. "f„ r Jvs gkt crf.y N— ,,.,,�,1 '/V ,.„; °n�„ti (F^, r ora i' '' y � lti4 f 9 d ( "�., yw �u/ ✓ *+r«j _P�s "✓/1:{Y{} � .'"tY<Y ����'�y yrc�,.11 r9 ''� �G+�•Y nf�� n� j1/Yi / r / ' ✓ � t kr yn"'t{' f✓�.!-�r>#��'1'S�� i� '4 %r>"6v�nr.'a r�`..ry�°�b � (- (( �s m� ��v'. �i ;Y e%YP,(.ula a >�lY X�y g,;�. 'r✓✓ �`�i "� � � "' °}� c,� ( IJ �1 Y �/ '�,�'4T` �1(fF�:��t:k'fY+�"%r�'"A�y'�i'(✓J➢" J'°' R r s fr( /�i u / t ✓ a td f� PF �y3 PyS��Y( y9Tr�,i�Nh (d+y`I ,Yu".�! n =,xy3" Rj*`y`'i lL'7 �v .��S� n ((f YhY /l xfa , d zrvhr� fid ! Y,rJ, � /✓5l' s t `ka afi P` W/,r,.�2'Ys�s 1� 7DY"JRP'✓1�,�.J �'� P,k`'P� C1 , 9S :L4®wa iv rvvom m-x° PAGE P, G. Na. 2432-0 i s I INVESTPrIL�TT PRESENT INVES°TD1ENT The investment in light and power property, on the island as of July 1, 1926 as reflected by the estimated cost of reproduction of such property which was in existence on or about that date is shown by the following tabulations Reproduction Cost Now _ Reproduotion Cost Now Less Aeorued Depreciation4i gest East West :oast i End Did Total Ind End Total I-Property owned by the ' Fishers Island Faamla, Ino„ on the West and Fast ends of the island, including working j capital $711,159 $ 269 $7111428 $63369 $ 255 $63624 2-Prcperty on east end �I of Island pdrohased ; by Fishers IslandI Corporation on April 240 1925 w 7,827 7827 7050 7P050 3-Property on east end constructed by Fishers Island Corporation from April 24, 1925 to July 1, 1926 «. 36,368 361*368 W 36 368 36,368 , t i' 4-Submarine cable Croton fi� , long Point to Ch000mcunt Qi+ Cove installed in May 1926 w 30,700 30,200 30*700 301,700 '! Total $ 71,159 $ 75.164$146,323 $ 63369 $ 74x373 $ 137*742 wanamn:vaanacaaacmauammresnxa�wcannnamvaxannama°mamnaa®mm n DAV & ZIMMERMANN, INC.. ENGINEERS sus o msoo cu PAGE 1115 P, O, NO. 2432_c Item l represents the totals of our reproduo- tion estimates for all the light and power property on the island which was owned by the Fishers Island Farms, Inc, as of June 1, 1926 as set forth in our report No. 2432, Item 21 represents the totals of our reproduc- tion estimates for all the light and power property on the vI island onwed by the Fishers Island Corporation as of April 24, 1925 on which date such property was purchased from the Fishers Island Farms, Inc. Item 3, represents the estimated actual cost of all the new property added between April 24, 1925 and July 1, 1926 on the east end of the island by the Fishers Island Corporation, but does not include services, transformer vaults and transformers which were paid for by the customers. Item 4, represents the estimated actual cost of the new submarine cable from Groton Point to Chocomount Cove on the east end, which was paid for and is owned by the Fishers 'a . Island Farms, Inc , The foregoing tabulation may be further sununarized as follows ; Reproduction Cost ; Reproduction New Less Accrued Cost New Depreciation West End $ 711 $ 63+369 East End 75164 74,373 Total $ 146, 323 $ 1371 aarc au oaoa RCe RFx oasa>:m. �i DAY & ZIMMERMANN• INC.. ENGINEERS i es _ snrs is naoni o zo PAGE 16 P. O. NC1. 2432'+0 I. The above totals include all light and power i i property, which we have considered to be at present used and useful except a certain number of poles and guys on i. the east end of the island, used for both the electric and telephone lines which have been included as a part of the telephone property and the new services, transformer vaults, tbansformers, etc ., which as previously stated were paid for by the customers. FUTURE IMSTIMT The total investment which will be required in light and power property will include in addition to the pres- ent investment the cost of certain improvements and extensions to the existing system on both ends of the island, the major portion of which will be on the east end, as described in l general under the heading I'Aesoription of Property". Our estimate of the total investment in light and power property on the island as reflected by the estimated fi cost of reproduction of the property now in existence and the estimated cost of improvements to be made is summarized as follows : a' r ,,. DAY & ZIMMERMANN. INC„ ENGINEERS (!/ 6A6199'69 A11039 PAGE P. O. NO. 2432-0 Reproduction Cost New Reproduction Cost New Less Accrued Deoreciation 'Nest Past C:est 1':ast klyd Lord Total End. &d Total 1-Present property owned by Fishers Island Farms Ino. , on west and east ends of the is- land including work- ing capital $71,159 $ 269 $71,428 $6311369 $ 255 $63,624 2-87 additional meters on west end, also additional trans- a formere,services,etes 6,261 6,261 6,261 - 6,261 3-Property on east end of Island purchased by Fishers Island Corpor- ation on Apr. 24,1925 to be removed when new underground sys- tem is constructed 7,827 7027 d 73050 7050 4-Property on east end constructed by Fish- ers Island Corpora- tion from Aprii 24, 1926 to July 1, ag26 36,368 36,368 36,368 36,368 5-Submarine cable Groton Long Point to Chocomount Cove installed May 1926 - 301700 30,700 " 30,700 3011700 6-1,roperty on east end of Fishers Island Corm strutted by Fishers Island Corporation between Apr. 2491926 t` and July 1, 1926 which wt 11 be removed when new underground system is constructed 7,481 7481 w 70481 77481 7-Additional lines l )underground) necess- ary to serve approx. 500 sites on east end 1181871 1181871 w 1189871 11 8"731 additional meters on east and 911503 9,503 9003 �. $ 77,420 $i8o,403$257,823 $ 69,630$ 181,166$25' I�'� vvmgmoaasouanaaeaxomaoaaumaaaaaaapaaomaamasmasanaa; 'i DAY & ZIMMERMANN, INC„ ENGINEERS PAGE 18 „wc ro rt-corn io-zo P, O. No. 2432-0 j i Items 1, 3, 4 and 5 shown above have been pre- i viously discussed. Item 3 represents overhead light and power lines on the east end which will be removed, as all I lines on this end of the island will be placed underground. Item 2 is our estimate of the cost- of the necessary additional meters, servioes, transfromers, etc. 1 to serve the additional customers on the west end of the island, when the 'whole island is fully developed, as now ' planned. Item 6, is our estimate of the overhead light and power lines, included on Item 4j which will be taken down if all lines on the east end of the island will be placed under- ground. Item 7, is our estimate of the cost of the addition- I! al lines to provide for the development of the east end of the island as now planned. This estimate is based on an estimate IF of $103, 373 , made by our construction department for such work and includes the necessary additional overhead costs to the corporation not considered by the construction department. Our total as shown in Item 6 includes additional overhead costs ', E� such as interest during construotion, preliminary expense, ':' legal expense, cost of financing, etc. Pw' tP i DAY & ZIMMERMANN, INC., ENGINeeas s S(� 19 1190M 10-20 PAGE 19 P, O. NO. 2432-0 Item 8, is our estimate .of the cost of the necessary additional 731 meters to serve the ultimate light and power customers on the east end of the island. is The ultimate investment in light and power property estimated as outlined above may be further summarized i as follows Reproduction Cost New Reproduction Less Accured Cost New Depreciation i West End $ 779420 $ 691,630 East End 18o,_4c)3 181, 166 Total $ 2_570823 $ 250 796 RCxRS�SR�CR R�RRCFIGa RIi� ::�.� This total includes all of the light and power property, which we estimate will be used and useful for the �j ultimate development of the island, planned as outlined above, the reproduction cost new of which we have used as a basis for return. This estimate does not include the cost of services, transformer vaults, transformers, eta. i' on the east end which are paid for by the customers. It is considered that all new lines on the east end will be under- � ground, and all overhead lines existing at present will be put underground. DAY & ZIMMERMANN, INC., ENGINEEOs r -arc r rt+r ro� r r� + j ay rsi e sir , " Sr/%I t i�iryrjrf��ir r � F c+ G r.r y Irj�`�j�Tffe '1 m ';, f ^s' ! x JrA }gs ✓ yr ;' y �. i r 2/J r✓ ���'�Jvtir�,.h����+fid r 7 �r✓ 'l lT, � y ' ri 'a xr°��'�t��x�r �m�s �✓ns��r��� � r � r, r x'ri r��.'+ r r •^rr�iy 1�� rq r JJ �4g r r ZA > � r r ✓>!'r' r ,�5 ca y�r kLr AR Y 1 Sf Ona m r..eom 1. PAGE 'I 20 - P. O. NO. 2`Y32^r, _ PRESENT RATES AND EARNINGS AND EYPMSES t PRESENT HATES The present electric light and power rates on Fishers Island, New York have been in effect since January 1, 1925 , and are as follows ; 1. Residential Lighting Flat rate of $1,00 per year for each 100 sq.ft. of *floor area, payable monthly, plus 10 cents per K,W.H. 2, Commercial Lighting 6,6 ' - (a) For connected load from 1 to 9 K.W. , $2.50 per K.W. of connected load per month plus 10 cents per K.W.H. rr k (b) For connected load from 10 to 50 K,W. , $2.00 i per K.W. of connected load per month plus j 10 cents per K.W.H. 3. Power including Electric Ranges, Water Heaters, etc, f M (a) For connected load from 1 to 9 K. W. , $1. 25 per 1r.W. of connected load per month plus 5 cents per K. W.H. (b ) For eonneoted load from 10 to 50 K,W„ $1.00 er K,W. of connected load per month plus cents per I1,4W.H. 1 *Phe measurement of the floor area is based on the outside dimensions of the building multiplied } by the number of floors, less an allowance of i 10 percent for walls, etc. Bay windows, ung { finished attics, cellars and porches, as well u ' as incidental barns, garages and other outlying buildings not fitted for living quarters are not rt included in figuring the area, The flat rate is based on a minimum floor area of 1,500 sq,ft, Ao r` DAY & ZIMMERMANN, INC., ENGINEERS ,'Q, .. ,om roso PAGE 1'21 P. O. No.2432-0 9 i c`0 The rates for electric light and power at present in effect on Fishers Island and as shown in the tabulation k above, are, in the main, the same as previously charged, with the exception of the rate for residential lighting. This rate was previously 20 cents per K.W.H. with a minimum monthly bill, of $3. 00. o The rate received by the Fishers Island Farms, Inc. , I' -. from the Town of Southhold, New York, for street Tights is $40.00 per light per year, as agreed to by both parties in a contract dated January 1, 1924, for a term of five years. ,i As may be seen in the present rate schedule each 1:. one of the five different rates shown, consist of a demand and energy charge. The demand charge in the case of the residential lighting rate is based on the sq.ft , of floor r; area of the building and in the case of the commercial lighting rate and the power rate including ranges, heaters, etc. , is based on the connected load, which is determined 4 either from the rating of the motors, appliances or lights connected or from the necessary transformers where such transformers indicate the connected load for each customer as in the case of the Mansion House, the largest hotel on r Fishers Island. In general, the present rate structure appears to G be satisfactory , when considering the nature of the territory ' served, the conditions under which electric current is supplied, j the number of customers, the relation between the all year and 5. 1 x DAY & ZIMMERMANN, INC., ENGINEERS 1 PAGE 22 }}}}drrrr P. O. No. 2432-C Ali( hl. seasonal customers, the present new development on the east end of the island and the rates charged in similar localities having a comparatively large number of seasonal oustomers. Based on our estimates of earnings using the existing rates, the average total rates received per K.W,H. a r+ ' for the various classes of customers now and ultimately to i ei be served as follows : Average Revenue per K.W.H. Pr-es en ma e r Residential Lighting - All Year $ 0.152 $ 0.159 Residential Lighting - Seasonal (not including F. T. Club House ) 0. 224 0. 218 Residential Lighting - Seasonal ` ( Including Fishers Island Club House ) 0.185 0. 210 Residential Lighting - Seasonal ,y< (Fishers Island Club) 0.132 0.132 Commercial Lighting 0.134 0.134 Power (Ranges, water heaters, motors, ` etc . ) 0.111 0.065 Power (Ranges, water heaters, motors, etc. ) Fishers Island Club 0,052 0.052 Mansion House Laundry 0.112 0.112 Pumping Station 0.04 0.047 Fort H.G. Wright 0.051 0.056 Street Lights 0.193 0.193 Total Average all Classes $ 0.078 $ 0.088 aRaaaaaaaaaaFaac caa The average rate paid for electrical current at El Groton Point, Connecticut, is about $0.02375 for both the present and ultimate business, according to the existing contract between the Fishers Island Farma, Inc., and the Borough of Groton. This rate is the minimum rate allowed ''�; DAY & ZIMMERMANN, INC.. ENGINEERS FISHP,RS ISLAND FEW YORK LIGHT AND PONER PROPE TY ESTIMATEM PRESENT ANNUAL EARNINGS AND EXP1' TSES West End East End To tel eman ergy To Tal B-3-111a"n-r—riergy o Ua= pemanaenergy o a . Gross Revenue wee to $ 7 0 $ 830 1 ,600 $ 7�8 $ 830 $ 1 ,600 Fort H.G, Wright 3,088 9,135 12,223 3r0 8 9 ,1355 12 ,223 Pumping Station r $ 480 $ 29234 $ 2,714 2 O 2 ,231E 2,7111 Mansion Uouse Laundry, 24o 135- 37 3 377 ' Service Station - nest End 180 6 186e 180 3gg6 186 Ranges , etc . 2325 56 881 225 '+7 2�z781 Res dence (All year and seasonal) 3,844 14 9 8;263 347 652 g9 4,191 5;071 9 ,262 Fishers Island Club - Lighting 450 10464 1 ,854 450 1 ,404• 1 ,854 Fishers Island Club - Ranges, etc , 720 2,485 3, 205 720 _ 214$.5„ 3, 205 Total - Llectrio safes 8,977 16,728 25,785 1 ,997 69775 8'780 10,.974 23P503 34,4�� Service Connections etc. 6 Total Gro as Revenue $252791 X8,852 $34,643 OperatingExpenses seea Power $ 13 ,078 Distribution Expense Operation 420 Distribution Nxpense Maintenance 1 ,6680 General j6xpenees - `faxes 689 General Expenses - Office Rent 57 General Expenses - Office General General Axpenses - Office Supt. 2, 270 General Expenses - New York Office 3 ,250 Total operating Expense 22,254 Maintenance 1,680 Operating Expense Less Maintenance 20*574 Balance for Maintenance, Depreciation and Fixed Charges 14 06 Estimated Investment $146023 Maintenance , Depreciation and Fixed charges (1576 of .estimated Investment) $ 21,949 11�fp M. nae in n.o o>„a.zo - r RR PAGE 123 P. O. NO.2432-O n after deducting the demand, primary and prompt payment discounts. As the development of the island Proceeds and the volume of business increases it may bethat a rate revision will be warrented , the extent of which can not be anitoipata at this time . ' h„ PRESENT EARNINGS AND EXPENSES Opposite this page is a statement showing the estimated earnings and expenses from light and power oper- ations per- ations on the island on the basis of the present volume of business. The public utility operations have heretofore been carried on by the Fishers Island Farms, Inc . , in connection with its other activities on the island and consequently the records do not contain separate and complete statements of 1 earnings and expenses for these utility operations and it was, therefore , necessary not only to make certain allocations of the various total expenses , but also to include allowances for additional expenses to the utility operations, heretofore neglected. Our estimate of present earnings from residential lighting customers, using the present rates as now applied, is based on the 1925 business from these customers. This class of customer was not only divided between the east and DAY & ZIMMERMANN, INC„ ENGINEERS 'r. a�c,o eo.aoe,o.ze PAGE 24 P. 0. N0.2432-0 west ends of the island, but also was divided into all year and seasonal, and further subdivided according to the square foot area of the building used by each customer , In this way, we were able to analyze the amount of K.W.H. used by i each subdivided class of customer and the revenue received both as a demand and as an energy charge. The K,W,G. consumed and the revenue to be received f from such customers as Fort H.G. Wright , Town of Southhold Mansion House Laundry, Service Station -, West End, Miscellaneous power customers having ranges, water heaters, etc. , and the 91I West End Hotels are all based on the actual business in 1925. I� In the case of the new Fishers Island Club House on the east and, the actual results for the month of July 1926, were used ; i as a basis for the estimated annual consumption and revenue, Our estimate of present operating expenses includes L not only the actual operating expenses incurred during the year 1925 after making certain necessary adjustments and eliminating such expenses not properly chargeable to operation, I but also includes certain additional expenses, which in the past have not been included as operating expenses, such as a pro-rated share of general officers salaries and. New York Office Expenses and local office rental. The items, taxes and general expenses for both the local general office and local superintendence office was estimated on the basis of present salaries paid and present actual miscellaneous expenses. DAY & ZIMMERMANN. INc.. ENGINEERS 0I PAGE 25 P. O. NO. 2432-0 y ` The balance available for maintenance, depreciation and fixed charges as shown by the statement compared with a 1 percent on the estimated resent investment 5 p s ment is as follows Balance Available ford! Maintenance, Depreciation ' and Fixed Charges $14 06 �s 15% return on Investment 21,949 In making, the eomparisbn, consideration must be given to the fact that the present total business on the east , III end. is small, and the investment on a pox customer basis very large . PQ From our analysis we find that the present rates do t< not give an adequate return on the investment in facilities on the east end of the island as reflected by our reproduction S' k,T1 n estimates. The reason for this is that the facilities in- stalled have a capacity far in excess of the present require- ments in order to provide for the ultimate development of the ' '£ island. Because of this condition we have prepared an estimate of earnings and expenses hereinafter shown based on existing v , rates, present operating costs and a volume of business which °. we believe will result from the complete development of the west end and about 80 percent of the proposed ultimate develop- ment of the east end of the island. DAY & ZIMMERMANN. Inc., ENGINEERS r . j Y � 4 r� i iJr� yA i y It 11 fl�, { p JI� ry 1f� J f� 5 14l��£✓!��" � y vv i f " l )/ r a�. r f J M e B'i! tT�2F 'RATES AND 3,MINGS' fAND'Pi V ABS' ' aJfirq ;J ;r��l a it. Iq � � �I�S iJ�R�✓ £ k r i t �r 4fY S t-' i" i ^t �r5 � s✓�"�tt y 1 1 y J! :Jvp rw 9 N F y1 " f f� r i if J" Y U ✓r'raa r`�jf':"r:f� NyiAJ�" eI F, A, JL �) ,..Intl... ,.- ., ., . tf, ,,.';yF �,,.,...<�#✓,f ,.v,.✓ r� 3�2`;,,,.f"J '� .�$uf� Y:��;: sA.<a maw m.zo PAGE 26SO{ P, O. NO. 2432-0 .� s ci l d r�l 1 ' P'UTiJRE RATES AND EARNINGS AND EXPENSES I . SUGGESTED RATES e G 'yv ' As previously stated the rates as charged at rk" the present time seem adequate and the structure is in � r,s ' general particularly well adapted to the conditions on Fishers Island, At present, however, the so-called demand rate r charged for seasonal power, ranges, water heaters, etc. is not in accordance with the n , published schedule Of rates f, for such class of business. As may be seen on the sched- XYr ass , ule of present rates as published and as shown on page 20 the demand charge for this class of business when the connected load is between 1 and g K,W, is stated to be L;y $1.25 per K.W. of connected load per month and when the connected load is between 10 and 50 K.W. to be $3 .00 per K.W. of connected load per month. This rate is in ,l tended to apply to both yearly and seasonal business. The F actual practice in charging this class of seasonal customer is to apply the monthly demand rate for only such period as r the customer actually uses current, which in most cases is for the four month period. In estimating the ultimate earnings of the light W, x, DAY & ZIMM ERMAN N, INC.. ENGINEERS cE " ®ns is x.aom io.za PAGE 27 P. o. No. 2432-c and power property, we have used the rates as actually charged and not as they appear in the schedule. In this connection we suggest that the present rate schedule be changed to designate the demand charges as actually G applied , Furthermore, since this class of customer is largely seasonal and the period of use variable, we sug- gest that the present monthly demand charge be changed to approximately one-third the present scheduled demand charge for each month, such charge to be made for each month during the year whether the customer actually uses current for four months or twelve months. If it should be more convenient to collect such demand charge for the whole twelve months period during the summer season it r could be done. In our opinion the suggested revision should only apply to that class of customer using electric ranges, water heaters, etc. but not to a straight power customer having electric meters as their connected load, on the basis of the two suggested changes, the present rate schedule for power customers and customers having electric ranges, water heaters, etc. wo uld be as shown by the following tabulation: DAY & ZIMMERMANN. [Ne.. ENGINEERS a AB 19 P90l110--YO PAGE 2$ P, o. No. 2432.0 Present Published Schedule Snagested Schedule Power, Including Electric Power Ranges, Water Heaters, Etc. For connected load 1-9 K.W.,$1,25 per For connected load 1-9 KW, K.M. of connected $1.25 per K.W. of connect- load per month plus ed load per month plus 5 5 cents per K.W.H. cent* per K.W.H. For connected load 10- For connected load 10-50 50 K.W., $1 ,00 per K.W. K.W. $1.00 per K.W, of of connected load per connected load per month month plus 4 cents per plus 4 cents per K,W.H. Electric Ranges, water Heaters, c, For connected load 1-9 K.W. , $0445 per K,W, of connected load per month Plus 5 cents per K#W.H, For connected load 10-50 K.W. , $0.35 per K.W. of connected load per month plus 4 cents per K,W,H, If there should be an objection to the suggested schedule as shown above because of the sudden change in demand rate in the two blocks , covering electric range, water heater, eto. service the following rate could be employed instead of the one suggested, leaving the power i rate the same as shown above: Electric Ranges, Water Heaters, Etc.. For connected load of 4 K.W., $24,00 a year. For each additional K.W. of connect- ed load, $4.00 per K,W. per year, plus 4 cents per K.W.H. DAY & ZIMMERMANN, INC., ENGINEERS Y'Bs ,o PAGGc 232•c P. O. NO. r" Theoretically, the rates suggested are not as desirable as the regular two part rate consisting of a demand charge per K.W. of maximum demand determined by means of a meter and a unit charge per K.W.H, consumed, t , The latter form, however, would be more difficult to P police, would require demand meters and would entail more � �- 1 r' work in reading meters and calculating the monthly bill to the customer. We believe, however, that a limited number of r� i; demand meters should be connected on a sufficient number of customerst services throughout the island where such services are used for power, or electric ranges, water heaters, etc. , in order to get an idea of the actual demand of such customers, as the Bonbright, Vaughn Ferguson, r Walton Ferguson, etc. residences and hotels, etc. The data obtained by such a procedure would be very helpful in 1 getting an idea of the relative demand made on the system by each class of customer. At present the Fishers Island Club House is being f. billed for power service on the basis of a 30 minute max- ,, - Y imum demand and a unit energy charge. the demand being eet imated from the meter readings in the east end substations y We are of the opinion that a demand meter should be installed in the Club House and a formal contract entered into provid- i1. ing for the arrangement which now exi ets by mutual agreemen* r F ' DAY & ZIMMERMANN. INC,. ENCIrr Seas . , a Page 30a P.O. 2432-C FISHERS ISLAND, NEW YORK LIGHT AND POWER PROPERTY ESTIMATED FUTURE ANNUAL EARNINGS AND EXPENSES West End East End Total. Gross Revenue Demand Energy Total Demand EnergyTotal uemand Energy Total Street Lights $ 770 $ 830 $ 19600 $ $ $ $ 770 $ 830 $ 1 ,600 Fort H. G. Wright 20592 7,810 to>4n 2,� 2 ,810 10,402 Pumping Station 480 4,072 4,552 0 ,1072 4,5x2 Mansion House Laundry 24o 135 375 5 315 Service Station-West End 18o 12 192 180 12 192 Ranges, Eta, 1,6600 21560 4,160 159520 24,832 40,352 17 ,120 27 ,392 44,512 Hotels 30 108 7 2,477 630 1 , 47 2,477 Residence (all yr. e, seasonal)- 50603 5 ,704 11 ,307 18,405 16 ,605 35 ,010 24,008 22 ,309 46, 17 Y, I, Olub - bighting 600 1 ,872 2,472 600 1 ,872 2,472 Ranges, Eta, 960. 3 ,314 4, 274 960 3,314 4,274 Total - Electric Sales 11 ,615 18,898 30 ,513 35,965 50 ,695 869660 47 ,58o 69 ,593 117 ,173 Service Connections, Eta. 250 250 500 Total - Gross Revenue $30,763 $86,910 $117 ,673 Operating Expenses Purohaeed Power 393;000 Distribution Esp. pperation Maintenance ti,000 General Expenses - Tax&s Office Rent 2 3350 e Office General Office Supt. 802 N. Y, office 4,200 3,250 Total - Operating Expense 61 , 278 Maintenenoe 8,000 Operating Expense less Malitenanoe 3'278 Balance for Maintenance, Depreoiation and Fixed Ohargee 649395 Estimated Investment Maintenance, Depreciation and Fixed Charges 257 ,823 (15% of Estimated Investment) $ 38,673 N> yj °main irmm eaeo PAGE 30 3 Y rr F. O. NO. 2432-Ci I 6'i 9 rz II y9 fi FUTURE EARNINGS AND EXPENSES Opposite this page is an estimate of earnings �, and expense for the electric light and power property f„ based on present costs and an assumed number of houses and meters as shown by the following tabulation, which also gives a comparison with present conditions; r Assumed for Purr Present oaep _ sof Estimate °- es ,.,as es gas End End Total End End Total Houses 3-75 25 200 225 4o0 625 Lighting Meters 197 1 211 250 425 615 Power Meters 11 —2 13 322 3. 7 Total Meters 208 16 224 295 747 1,042 �'. saosaasaa=aarsrsa===asaa=aaarsaaa=a=aaaa There are no definite plans now under way for x the ultimate development of the West End of the island. >t' However, as hereinbefore stated, there is sufficient land available to accommodate about 50 additional houses and for the purpose of our analysis we have included this k number in our estimate of future earnings and expenses. r As hereinbefore stated, the present plans for the ultimate development of the East End of the island provide for a total of 500 houses, but in view of he un- certainty relative to the actual number of houses which will be constructed and the time which will be required for the complete development, we have assumed 400 houses for ` ` DAY & ZIMMERMANN. INC., ENGINEERS �. �. PAGE 31 _ s,a soon„oaa f � P. O. NO. 2432** r the purpose of our estimate of future earnings and expenses, The estimated number of meters to be on the system is materially in excess of the number of houses for the fol- lowing principal reasons: '. a, To provide for miscellaneous small power , ' users such as garages, repair shops, etc, b, Because of the character of the develop- ment and its isolated location it is expected that electricity will be utilized to the greatest possible extent for household purposes , particularly on the East End of the island. In this con- nection, the rate structure provides f special rates for such household appli- ances as ranges, heaters, .refrigerators, etc „ and it is believed that the major- ity of the houses built on the East End of the island will have both lighting and power meters, The consumption of electric current has been esti- F " mated on a customer basis after having analyzed the sales records for the several classes of customers for the year , P 1925, and giving effect to an estimated larger use for z. household appliances. No effect was given to the possible increase in consumption by the larger customers such as the Town of 8outhhold, Fort H, G, Wright, Mansion House ,3 Laundry, hotels and club except the water pumping station on the East End which will undoubtedly increase its re- quirements as the development of the island proceeds. The rates for service used in our estimates are the same as those now in effect. n �,,;, DAY & ZIMMER MAN N, INC.. Er+GiNEees PAGE 32 1"' SA91PDOM 1020 P. O. NO. 2$32-0 t; n The estimate of expenses is based on present labor rates and unit power costs, but reflects the increased rem z . quirements in organization, power and supplies to take care W, of the larger volume of business. A comparison of the balance available for mainten- ance, ante, depreciation and fixed charges with the desired return yr, of 15 percent on the investment necessary for the complete development of the island is given in the following tabula- tions Balance available for Maintenance, $ 64, 395 Depreciation, Fixed Oharges, etc. r 15 percent return on Investment r Surplus $ 25,718 U ,,, '. ataamaaos As hereinbefore developed, the present net earn- Ings for the entire island are not sufficient to pay an r<, adequate return on the investment. The above tabulation shows that$ on the basis assumed, the future net earnings r will be more than sufficient to pay an adequate return on the investment so that it can reasonably be expected that all losses incurred can be recouped as the development of the island proceeds. The present deficiency in earnings is due to the comparatively large investment in facilities on the Bast �, ' End of the island which necessarily have a capacity greatly in excess of the requirements of the existing oustomers. ��, DAY & °l.IM MERMAN N, Irvc.. ENciMEeR6 - rY r S p < /s P J r rt r 1, 9a } / r s;Gf'rIS r NO, } t ^hv a r 7r r A ! ) F fir ' r / / zJ/ r / 3 Yl Y 'f r � 1 v r i r c , 1 v r B 5 1 b J 3 I P' sy l ly E \ /.N t 1 S�Yr l t / h re ar r� Y /lk l I / l/ T✓4 J fr RAVI : an F / lot r, r ��,,'rfi'Yr�/11 KE s, / / r✓i s i f k%K } J ns t "�` 5;�'.r5 nk 0, ? g. . rsom,a.zu PAGE 33 a'P rh 'A432-cP. O. NO. � ,x E, OWNERSHIP AND OPERATION OF PROPERTY , Ilj E f' The existing electric light and power progeny is owned in part by the Fishers Island harms, Ina. , and ; in part by the Fishers Island Corporation as follows; s 1. Fishers Island Farms, Ino . All property located west of the Poultry Farm fence together with the two submarine cables extending from Groton hong Point to the � 'e r, island and all meters on lines east of the Poultry Farm Fence. The reproduction cost of such property as of July 1r 1926 is r estimated as follows: ,r Estimated Cost of F, Reproduction e s ikooruecl. r; New De-preciation A11 property west of Poultry Farm Fence $ 420011 $ 3$,593 � Submarine Cable; Groton Long Point to Munna- tawket Wharf 29,14$ 24,776 u Groton Long Point to Chocomount Cove 30s700 301700 Meters on Lines East of 'w Poultry Farm Fence 269 255 „ Total $10?,128 $ 9ko'324 COS mO1mS6 IIli�i iRiii J. rs 2. Fishers Island Corporation a All property on the island located east of the Poultry Farm Pence with the exception of meters as noted above. The estimated ry reproduction cost of such property as of July 19 1926 is $44,195 new and $43okl$ depreciated. 14 DAY & ZIMMERMANN. INC.. ENGINEERS e a a.aorn mxo PAGE 34 P. O. NO. 2432"0 All the light and power operations on the island are to be conducted by an electric light and power company, to be organized, and in this connection we believe that certain transactions should be made as follows: 1. The Fishers Island Corporation should acquire by purchase from the Fishers Island Farms, Inc, 9 on the basis of the reproduction cost new less accrued depreciation the submarine cable extending from Groton Long Point to Chocomount Cove together with all meters east of the Poultry Farm Fence. 2. The light and power company should acquire by purchase from the Fishers Island Farms, Inc. , all electric light and power property located west of the Poultry Farm Fence including the submarine cable extending from Groton Long Point to Munnatawket Wharf, payment to be made on the basis of the reproduction cost new less accrued depreciation. 3. The light and power company should lease from the Fishers Island Corporation all of the light and power property located east of the Poultry Farm Fence including the submarine cable extending from Groton Long Point to Chocomount Cove, the lease to contain, among other things, the following principal provisions, a. The term of the lease to be 5 years at the expiration of which the lessee shall have the option of either purchasing the pro- perty at its then fair value or to extend the lease for a period to be mutually agreed upon. b. The lessee to operate and maintain the pro- perty and to make all improvements and extensions thereto as approved by the lessor in order to provide adequate ser- vice on the East End of the island. c. The lessor to reimburse the lessee for all expenditures made by the lessee in connec- tion with the maintenance, improvement and extension of the leased property. `�;:,, DAY & ZIMMERMANN, INC.. ENGINEERS `9ia wnum m.xa PAGE 35 P. O. NO. 2432-0 r �y �4r . jk d. The lessee to pay to the lessor all revenues received from the light and power customers located east of the Poultry Farm Fence in connection with the demand charges of the rate schedule. � The above provisions are suggested in view of the fact that the property east of the Poultry Farm Fence is overdeveloped for the present volume of business m d P, the earnings therefrom will be insufficient to pay an adequate return on the investment for a number of years. r Since the character of the light and power property east of the Poultry Farm Fence is influenced by considerations other than service the light and power company should not be required to assume the burden of the fixed charges sl until such time as the property is self sustaining. V .y. 9 y J. r r DAY & ZIMMERMANN. INC„ ENGINEERS r �a� Jy 9 / ✓ t1r G I nJ "✓ rl f y Wit F whoR / J I Act 1r r YfLt rni r.a�'� �yy / 1' � ✓�/ �° /� ', 'it r �� / 'f t•' Jtup r Fk'�4�y,i ys�/ f� � r qla'AlwAl I WIN Gap On, r 1�"' �f � f. N / � ✓ zy �,Y�/ �f yt� �, r��/�r""°w�fi�r�%�u+";F ���f�✓B°'f �� ,i, F l,t / � a / / n F"�,r � ✓n � Fjf yl i �r 5n'�t is I ���[+{ ",y / � , a rf 7 v' 's�i i' 3 rs i,y�,y/ � "�,u�, ii+n �'�P�Ny✓'�t}� _ Y yl.� / RY � "l { %'`FI n /:Y �`✓�riy/ Jr�;/ alb Z� r � � x i t d ,,.!%jr Y r r'r'lr j F,'f./r✓ F`"z/ f r i .:. F , r �� ,. �H '2` /s � / sr �'tr^�`�'����G�<ynl� �X?i#v✓✓-,/�sa� -p YY,�.��r. `� /. t // . n ''%'r[.,* % 3xir nr'��,+y�fyf",.i F'.'r1✓�e'9§IN# ' r� Sy o'y y a.✓ � h/��'��"..7'",r�' � � r � /"� E``N��,y�r�'U����'G.y Y�, ry a Y>� s � / l /n it � elF r^`'K r c x���F�✓'#�3itt v� ��S �"F+ �/ r'�''kY '�i�l����'����� � w"�.h �> i r f r/ N � �F4'ainy�f st;"-/ ) Y' a�fn � GfS.✓o� �&ya+tp a � � ry u tai/a i ~�'"r%.✓i,�.d �F nr�`s,�r yfa�"�fi�` � �Y a/��, f ,# P , r J � Fur ;✓}�/ia�'s:° �, ��r�r��?�4�:5U uPe "R � wA' �' � � i i� �Y //k � _ y r r r'N F a `s✓✓.�tl' 1`9,kb���',,J, "�6,����f`"d�°'t"p: "'ems fir o � fy .r t ,Nt-' n✓" ,Ns-k;� �'1n r „ �,H- y2, trJe�ks4x�,(P� r§f:f�#sv�Nt f RI�'/y� t ,trvr ar a,r r^,�"Y rr �rG ir%'t'ha�r. ;F' i'y �, �'tt�k7lp" ] ' •1 4 C S ' yrs U t(sir t V r r , t �s t t��r eJr^r`�y33 r � t rL tsrtTmL kr ��i `�£C.. ts'rP�yy vkdht r r 4� ill G)�t FT, yt JA/ t/f�I�✓h`'`��/ �f J I a m r t 4 rft � a1 C ��M"1f4 P 1' T'I'C Gr Op N 4 t I l l I ��1 F r 1 kl - vk p tit dr'1r Y.n ♦ t1) kt / f 5ir � Ft v" i r 1051 / t F t rt ht '. n t4T 'ir a�hC3r r> �p it t i C � .......t .,,, ., ., (r �',,.. fry 2u..✓ ,.2 xR.,:.61�i ., .. 77 3r*Jo, 0 gyp., r, f Log _ � Ir � gg if f i �Yana rvhr Ely I OR ����{ r^r� "�•�rt �� rpf r v��,fs�T �•m �d��-4 i d m����fEi a .9 any � �lYa� r i��o- t"�"- r ldr9lts FnL. `UO � CABLEI �'le\F'IAiCq .,rSrL �' e NlnooT'F �i �.a4c r1a1" C k,t,EG i ' � r �� 1'• 31 j � vv✓' t% l n l ^w P S .r �� k a • 4<I � i •;4 is �� �� i.. � Y6 U ii rd r f r �'�pjfl��Ujr %y�Yfias� �r f-ir! i ji�� £f .,�.._ MIMI— AOq UAME — Ex fcrc� iw�L nn Ca7eL.i a a� •FCS"TF.LESrp-0C+ri9E EM,C!•fiAtvCi e_ R�£,1tYNAT'M,'ly hlF'1 f�C:SE'W�L_ 2 F! r PAGE 36 ty P, o. No-2432-0 3 is s, << DESCRIPTION OF PROPERTY PRESENT i t!; Interconnection with Outside Telegraph and Telephone Lines ' The telephone system on Fishers Island is connected to the long distance and toll lines of the Southern New TTT England Telephone Company at New London, Connecticut by means of a submarine cable , owned by the latter company and extend- + 3 ing from Groton, Connecticut, to the Munnatawket Wharf, on I the west end of the Island. This cable is the only telephone oonnection between Fishers Island and the mainland, with the exception of the Fort H. Gs Wright cables which are con- trolled by the Government. The cable between Groton and s Munnatawket Wharf has two physicals, each being twisted pair , No. 14 rubber covered wire and one phantom and is used not only for toll and long distance calls but also for telegrams. u At the present time there are two arrangements for outside telegraph and telephone service, as follows; 1 - Contract between Fishers Island Farms, Inca Ya and Western Union Telegraph Company concerning outgoing and incoming telegrams. 2 - Contract between Fishers Island Farms, Inc. and Southern New England Telephone Company concerning outgoing and incoming long distance and toll calls. The arrangement with the Western Union Telegraph Company is, we are Informed, a verbal agreement and covers fl DAY & ZIMMERMANN. INC. ENGINEERS r ,nsm usoM w_zn PAGE 37 P. O. NO. 232-C S r s s the character of service and basis of payments to be made r between the Western Union Telegraph Company and Fishers Island Farms, Inc. , for incoming and outgoing telegrams . in general, the arrangement is as follows: a. During the summer season, practically all outgoing and incoming telegraph messages are sent and received over the phantom circuit in the submarine cable in the Morse code. The sender of the message is charged the regular Western Union rate from New London on outgoing messages and to New London on incoming messages, together with an addi- tional charge of 25 cents per message for the service between New London and Fishers Island. ,! The Fishers Island Farms, Ine. pays a rental to the Southern New England Telephone Company of about $35.00 per month during the summer season for the use of the phantom circuit . The Fishers Island Farms, Inc, receives 25 cents for each outgoing and incoming telegraph message plus 25 per cent of the charge to the customer for service beyond New London on each outgoing message. b. During the off peak period there is no telegraph operator on the island and all outgoing raid incoming telegraph messages are telephoned to and from New London. The charges to the sender of the message are the same as during the summer season. The Fishers Island Farms, Inc* pays to the Southern New England Telephone Company 25 cents per telephone message for the use of the sub- marine cable exclusive of the phantom circuit. The Fishers Island Farms, Inc. received for each outgoing telegraph message 25 cents for the use of the submarine cable and 25 per cent of the charge for the service beyond New London. 3^s DAY a ZIMMERMANN. INC.. ENGINFMR5 ra. .1mi_ l'.e 1 g,Il.t rt I y� f. In r�As,.n.ao>n Io.za PAGE 38 fl (_. P. O. NO. 2432-0 f> � i iI F I If 5)a The contract with the Southern New England tole- phone Company was made on May 209 19190 for a period of one " % A year and is as follows;.. 111THIS AGREEMENT, made this 20th day of May, 1919, ! by and between THE SOUTHERN NEW ENGLAND TELEPHONE COMPANY, of New Haven, Connecticut, known hereafter as the Telephone Company, and THE FISHERS ISLAND FARMS, INC. , of Fishers Island, New York, known hereafter as the Fishers Island �) Company. W I T N E S S E T H. as follows, to wit;- i{ 1. The Telephone Company hereby promises and agrees to lease to the Fishers Island Company such number of tele- phones and transmitters of the American Bell standard type =t as it may require on the operation of its telephone service : on Fishers Island, New York, for an annual rental of Two '. Dollars ($2.00) per set, (a set consisting of one receiver ± and one transmitter) , payable quarterly in advance. The Fishers Island Company hereby agrees to hire - said telephone sets, and to pay therefor the sum of Two Dollars ($2.00) per set per annum, quarterly in advance. a II. The Telephone Company agrees to furnish and main- �s tain between its New London toll switchboard and the cable pole of the Fishers Island Company located near its dock onI Fishers Island, such a number of toll circuits ,as it con- siders necessary to properly facilitate the outward and in- ward toll line and long distance telephone traffic. The Fishers Island Company agrees to furnish and �! maintain whatever circuits may be needed to connect the toll circuits referred to in the preceding paragraph with the switchboard of the Fishers Island Company located at Fishers I sland. III, The Telephone Company agrees to furnish at reg- E' a ularly established rates toll line and long distance connee- ` tions between its connecting points and the exchange of the Fishers Island Company. r< E }fo DAY a ZIMMERMANN, INC.. ENGINEERS .. 081P R50M IV2Y 39 PAGE sty O. NO.2432-C p r ? ' a h The Fishers Island Company agrees to pay to the Telephone Company within twenty (20) days after the first of each month, all charges for toll line and long distance messages (including inward collect messages) and the Federal tax thereon, incurred during the preceding toll billing month, less a commission of twenty-five per cent Ni { 25%) of such Charges as cover calls to points within the i territory of the Telephone Company and to so-called Privileged f :Points (including inward collect messages) , and the 'Telephone , ! Company hereby agrees to allow said commission of twenty- five per cent (25%) on said business. f Iv. The Fishers Island Company hereby grants to the Telephone Company permission to allow the United States Government a new London Exchange connection by means of y submarine wires owned and maintained by said Government. v. It is mutually agreed by and between the parties hereto that the regularly established rates referred to in paragraph III . shall be rates computed on the standard basis ^ as outlined in Order No. 2 +95 issued by the Postmaster- - General December 13th, 1918, except as follows: The station-to-station dayrates from Fishers ' island to all points in the territories oP the Southern New England Telephone Company and the Westerly Automatic Telephone ILL Company shall be, unless otherwise ordered by the Government or changed by mutual consent with proper governmental approval, v the standard station-to-station day rates from New London, Connecticut, to the aforesaid pointgo plus twenty-five cents ($.25) and that the station-to-station day rate between Fishers Island and New London shall be twenty-five cents ($.25) . Corresponding person-to-person, appointment, messenger-call# evening and night rates and report charges shall be based upon the station-tq-station day rates determined by the method fust referred too j` vie It is mutually agreed by and between the parties hereto that the Telephone Company shall not be liable for damages on account of errors, misconneotions or failures to connect, and in case communication is interrupted from any cause whatever the only liability of the Telephone CompaYW <a` shall be to abate the service charge during such interruption. IkR y DAY & ZIM MERMAN N. INC,. ENGINEERS r Ppoe 40 P. O. NO.2432-0 i Yi n'. II VII . It is mutually agreed by and between the parties ! hereto that this contract shall and does hereby cancel the agreement made on the 8th day of August, 1911 by end between The Southern New England Telephone Company and EeMe and W, , Ferguson. 1 VIII. It is mutually agreed by and between the parties `{ hereto that this agreement shall become operative at 12.01 A.Me on May 21st, 1919, and shall continue in force untiln 'a one year from said date and thereafter until cancelled by three (3) months, notice in writing being given from one ° party to the other. IN WITNESS whereof, the parties hereto have here- unto set their hands and seals this 20.th day of May 1919, ' THE SOUTHERN NEW ENGLAND TELEPHONE COMPANY Witness by J. D , Veitoh Helen Le Mansfield General Commercial Superintendent. t., THE FISHERS ISLAND FARMS, INC, y Harry Witness b Har LFerguson* Vice Pres. " � F, E, Hine The Southern New England Telephone Company contract as stated above has been modified in several respects by oral and written agreements in general as follows: a. Telephone sets are no longer leased from the Telephone company but are paid for and owned by the Fishers Island Farms, Inc. h > . DAY & ZIM MERMAN N, INC- EnGweeas /r'�m,m aaor o.z. PAGE1 � 1 ", P. O. No. 2�32-0 b. The commission of 25 percent to be received by the Fishers Island Farms, Ina. with respect to certain classes of business has been changed to 25 per cent of the customer charge to New London and beyond on all outgoing long distance and toll calls, a9 c. The customer charge of 25 cents per call for the �f use of the submarine cable in connection with toll calls, has been extended long distance P calls also . Ph eioal Prot r. The telephone system on the island is metallic magneto ringing from the subscribers. The exchange is located in the office building of the Fishers Island Farms, Inc. on the west end of the island. There are two switch- boards of the old style #105 central magneto two way ringing made by the Western Electric Company, one with 100 positions and one with 80 positions. As of June 1. 1926, there were in use 5 trunk lines, 100 subscribers lines on one board, and about 6 subscribers lines on the other board. These switch- boards, together with the distribution frames, batteries, etc. have been completely overhauled by the Southern New 3n9land Telephone Company in connection with the general improvemea t and extension of the telephone system on the island by the Fishers Island Farms, Ino. and the Fishers Island Corporation, The outside plant on the west end of the island consists mostly of aerial cables run on the poles of the light and power property, which cables are adequate to take � . DAY & ZIMMERMANN, INC.. ENGINEERS ss i.msmh m.xn PAGE -42 �. P, O. NO, 2432-0 care of not only the present but also future needs of this end of the island for some time to come. Aerial open wire and twisted pair are used on the short branch circuits and D on the service drops into the houses. This open wire and twisted pair is attached to insulators on crossarms owned by the telephone property. The Mansion House, which is the largest hotel on the west end of the island, is connected by five trunk lines to the main telephone exchange. There is a private branch exchange in the Mansion House, with extend ors to all rooms and to the hotel cottages, all of which are operated from the hotel. All of this equipment is owned by the Manal.on House. The telephone property on the east end, as pur- chased by the Corporation from the Fishers Island Farms, Inc., 5% on April 24, 1925, consists of an aerial open wire extension of the west end system. The lines are attached to insulators on crossarms, which are carried on the poles of the light and r power property and extend only over a portion of the east end area. Since the purchase of these lines by the corpora- tion, certain improvements and additions have been accom- plished. A new 303 Pair aerial cable has been erected on the poles of the light and power property to replace the open wire connecting the east end of the island with the exchange xi DAY a ZIMMERMANN. INC,. ENGINEERS zi sn.to n3an in-za PAGE 43 P. O. NO.2432-0 on the west end. This cable extends from the exchange to the Poultry Farm Fence and was installed by Fishers Island Farms , Inc . 9 new aerial telephone cable has been installed by the Corporation, from the poultry farm gate east to a point near the Fishers Island Club House. From the club house to the East End Office, an underground cable has been installed, together with branch lines to various residences recently constructed along both lines. fi The Fishers Island Club House, which is by far the largest building on the east and of the island, was com- pleted in July, 1926. It is connected by five trunk lines to the telephone exchange on the west end and has its own private branch exchange with extensions to all of the rooms, together with its own telegraph station. This telegraph station uses the same circuit in the submarine cable to the mainland as the station at the main exchange on the west 2: end. {•°` The present development of the two ends of the island is readily compared from the number of houses, telephone stations and extensions as shown by the following tabulation: k r DAY a ZIMMERMANN. Inc.. ENGINEERS PAGE f 989199SdM t9E0 ��" i P. o. No. 2432-0 i I West End East End Total { Number of Houses 175 25 200 r, Number of Telephone Stations 140 24 164 �v Number of Telephone Extensions 28 10 38 Total Telephone Stations and extensions 168 34 202 FUTURE, r; u The telephone property to take care of the ultimate development on the west end of Fishers Island as planned at present, includes in addition to the existing property, 82 additional telephone stations, drops, terminal boxes and F' splices and also new exchange boards. All telephones will be changed for a common battery system. The telephone property proposed for the east end includes a complete system of underground telephone r lines to serve 500 houses and an additional 222 pair aerial cable extending from the exchange on the west end to the poultry farm gate constructed on the poles of the light and power company. All the present overhead lines will be re- moved and will be placed underground. It will be necessary to have 522 additional telephone stations and extensions. As has been the past practice, the necessary additional service r,. u connections, etc, will be paid for by the customer. j A new underground system of telephone cables on DAY & ZIMMERMANN. INc,. ENGINEERS PAGE 45 y� r P BA51VRiOM10:29 2432-0 t,t P. O. NO. r ; Ff �I' 1 . AGF= the east end of the island vri11 be adequate to supply service to a total of 500 houses. however, the proposed additional telephone station apparatus is only sufficient for 400 houses. k. In view of the uncertainty relative to the actual number of houses which will be constructed and the time which will be 4, required to fully develop the island , we have assumed for the purpose of our estimate of the total electric telephone busi- ness on the island, 225 houses on the east end and 400 houses on the west end. On this basis, the number of houses to be �, served, together with the estimated number of telephone stations and extensions are as follows; y: West End Eases d Total T Number of houses 225 4w 625 Number of Telephone Stations 200 380 580 .- rk Number of Telephone Extensions 50 158 20$ r Total Telephone Stations and Extensions 250 538 788 f i:(Ay R. k'r;?, DAY & ZIMMERMANN, INc.. ENGINEERS i 1 filr �rsrYJ v � � t - �� xyv�f,h Ys / ✓yI ! � a '�� "J' I✓5' 1 2 Y � j ?��✓� / Y f f r i y f IS /(j�rl/,/�� �fj �,✓it �v �s l✓k�'n�s f„' �9�,�ar/i tit �� %'�I t s � / r �+�� ��r✓ sr✓y r � '�I its v Sir/iii US/rrlw rh/ t l ni�llfrkTf �� {� YJ1 y fit. g ( 9 / t G"��Pv����5)�rIN✓�il sr ��/ rl t w - r//, rrt YYt rS .�A 3 v / � � � Jf i/I`fi �✓k E/p � sL 40�.�" ^i r�r✓m rn r r S s — //C y std 7 ��,',���Yjv���L,✓�"+ra�"pt+ � U�urzrSJrl� r �� r ' i N�yE, 9v t;�✓rSr 1 7 v � � hF^ fi.f l�i��y V •U� /�PaA r { Y ! It U / Y c Sr'. c��k✓�y� i"/'oelb�� n° �y'yi'�r '4t�LYA i3At� r.I r r rl a ', � . r r' S/����,t%/ / 'i i r° Y .44�iY'k fr?aV/G v/ �ifm /P 11 �,f�f�tlow „i tv ✓ w / S�r LS.kd IU ry �� rr 3 >'r ryj» i uw✓:. PAGE 46 P. O. NO. 2432-0 M INVESTMENT ' PRESENT INVESTMENT I Y K The Vishers Island Farms, Inc. , has heretofore operated n n the public utilities in connection vL th its other activities on i Fishers Inland, The books of the Company do not show clearly the present investment in telephone property and consequently we have prepared estimates of both the present and future investment in telephone property. The investment in telephone property on the island as of July 1. 1926, as reflected by the estimated Cost ,ar of reproduction of such property, which was in existence on or about that date is shown by the following tabulation: Reproduction Cost New Less Re roduotian Cost New Acaruad Depreciation 1. Property owned by Fisher* Wes astEnd l was sEnd Total Island Farma,inc. ,on the west and east ends of the island including working capital as of June 1,1926, exclusive of the 303 pr. j aerial cable extending from the telephone exchange to the poultry farm fence. $31,097 $ 594 $31,691 $29+867 $ 535 $30 ,402 2, Property on east end of island, purchased by Fishers Island Corporation on April 240 1925. - 1,993 1,993 - 1,795 1 ,795 3, Property on east end cons- tructed by Fishers Island Corporation from April 24, 19ag to July 1, 1926. - 190000 190000 - 190000 19 ,000 4. 3618 Lin,ft. of 303 pair aerial cable located on west end of island between k' telephone exchange and poultry farm fence, used for telephone servioe on east end of island. This cable is the property of the Fishers Island Farms,Inc., 8,500 8,500 BON 8,3311 Total $32.097$30,087 $61,184 $29,867 $29,66o $59,587 mgmmgMqaaaasaaamaaamamaagammuaxmawasamamrmmamsa DAY & ZIMMERMANN. INC.. ENGINEERS pR'J 1911'9OM IOCO 4 PAGE � T^� ••.'. P. O. NO. 2432-0 t4 RI Y i ' Item 1 , represents the totals of our reproduction estimates for all telephone property on the island which wash owned by the Fishers Island Farms, Inc. as of June 1, 1926 as set forth in our report No. 2432. Exclusive of the 303 pair aerial cable (Item 4) extending from the exchange to the Poultry farm fence and used to connect the east end telephone ; ? lines with the exchange which is also owned by the Fishers Is- �t ,Ta land Farms, Inc * j, Item 2 represents the total of our reproduction es- timates s-timates for all of the telephone property on the island owned it by the Fishers Island Corporation as of April 24, 1925 on which IR date such property was purchased from the Fishers Island Farms,' `3 Incorporated. Item 3 represents the estimated cost including on ,I allowance for overhead costs of all the new property added be- tween .April 24, 1925 and July 1, 1926, on the east end of the island by the Fishers Island Corporation. Although this work was complete at the time of our investigation the various accounts had not yet been closed out and it was not practicable for us to determine the complete actual cost from the records of the corporation. Item 4 respresents our reproduction estimate of the 303 pair aerial cable extending from the telephone exchange the poultry farm fence. This cable is owned by the Pi shers Island Farms, Incorporated. f,, DAY & ZIMMHRMANN, INC., ENcirveeas ��. PAGE ' n P. o. No. 2432-C N z t VEll 1 The present investment in property telephone y p estimated as outlined above may be further summarized as follows; Reproduction Reproduction Cost New I � ^ cost New Less Accrued Dep reciation RK West End $ i 31,�0�7 290867 . .. East End 30,0 7 29,660 184, 61 2 $ 59.5 7 F, z.Ws9vMOARm Rim CRO6Fa�AF U The above totals include all the telephone P property, , which we have considered to be at present used and useful, in- eluding a certain number of poles, guys, etc. on the east aid ; which are also used by the light and power property. It does not include however, the Dost of any private branch exchanges, or underground services, which are paid for by the customers. FUTURE INVESTMENT The total investment which will be required 1n telephone property will include in addition to the present „r investment, the cost of certain improvements and extensions to the existing system on both ends of the island, the major ' portion of which will be on the east end, as, described in general under the heading of 'Tesoription of Property", Our estimate of the total investment in telephone e; property on the island as reflected by the estimated cost of reproduction of the property now in existence and the estimated cost of improvements to be made is summarized as shown by the following tabulation: ' Y „; DAY a ZIMMERMANN, INC., ENGINEERS a �ae is n.xaM ioso PAGE 49 j P. O, NO. 2432-0 J'1 s9 Reproduction Cost New Leas Reproduction Cost New Accrued Depreciation West Lind East End Total West End Bast End Total .1. Property owned by Fishers Island Farms,Inc. on the west and east ends of the T island including working capital, as of June 1, 1926 exclusive of the 303 � pair aerial cable extending from telephone exchange to the poultry farm fence. $31,097 $ 594 $3111691 929,867 535 $30,402 2. Property on east end of - I,tr island. purchased by Fishers Island Corporation on �> > April 24,1925 all of which will be removed when new underground system is constracted. - 1,993 1►993 1.795 11795 'T I 3. Property on east end cons- tructed by Fishers Island Corporation from Atril 24, 1y2- to July 1, 1926. - 191000 19,000 - 196000 19,o00 4. 3814 lin.ft. of 303 pair � aerial cable located on west end of island between telephone exchange and poultry farm fence, used for serviceb� on east end of the island. This cable is the property of the Fishers Island Farms, Ino. - 8,500 8,500 - 89330 8030 5. Overhead telephone lines constructed by Fishers Isa land Corporation from April 24, 1925 to July 1,1926 which will be removed when new underground telephone system is constructed — 8 r/,833 '. 6a Additional property on west 7''33" 7.833 7,833 end including 82 additional telephone stations and drops, additional terminal boxes, splices, eto.new exchange and miscellaneous equip- menta 12;620 12,6Eo 12,620 12,620 7. Additional lines (under- ground) necessary to serve approximately 500 houses on the east end of the island. -- 89,435 89.435 -- 89.435 89,435 8a 522 additional telephones and extensions -- n,006 12 006 -- 12 4006 12 606 Total $43,717$119,709$163,426 $42,487 $119,678$162,165 • BBmBBggqcmiqBcmcalcOBBpa1Bi.,e/mgcgcmmcmmmcomca am cm DAY & ZIMMERMANN, INC.. ENGINEERS ire Ras iv xeow iosn PAGE 50 P. O. NO. 2432-a c Items 1, 293 and 4 shown in tabulation, have been previously discussed. In connection with Item 2 it should be { noted that the present plans for the development of the East ( End of the island provide for placing all telephone lines underground sa that the existing overhead line will eventually t be removed. f Item 5 is our estimate of that portion of the over- L head telephone lines, included in Item 3, which will be taken down and which cannot be used v&en the new underground telephone Oystem is constructed on the east end of the island. Item 6 is our estimate of the cost of the necessary � additional telephone station apparatus, service drops, terminal f boxes, splices, etc. to serve the additional customers on the west end of the island as assumed by us for the purpose of our analysis in connection with the ultimate development of the island as now planned. This estimate also includes the cost of changing the equipment in the exchange to a common battery system, and the wiring of the present telephones :b r such a system . Item 7 is our estimate of the cost of additional telephone lines to provide for the ultimate development of the East End of the island as now, pltnned. This, estimate is based on an estimate of $77,770 made by our construction department yi for such work and includes the necessary additional overhead costs to the corporation. not considered by the construction department. This figure also includes in addition to the cost DAY & ZIMMERMANN, INC.. ENGINEERS � PAGE. 51 pp;ss m .coM o.xa 1� p 7 P. O. NO. 2432-0 %I r of the new underground telephone cables, the cost of putting ;3 5 the present aerial cable underground. Our total as shown in r,F Item 7 includes additional overhead costs such as interest , during oonstruetiono preliminary expense, legal expense, cost ,E 'R ' of financing, etc. Item 8 is our estimate of the cost of the necessary ljl additional 522 telephone stations and extensions to serve the x customers on the east end of the island. �f The total investment in telephone property estimated ,. Jill as outlined above may be further summarized as follows : j Reproduction Reproduction Cost New Cost New Less Accrued Depreciation west End $ 43, 717 $ 42,487 R" Last End 1191, 709 119,6 8 Total $ 163,'426 $ 162, 165 �f This total includes all of the telephone property, which we estimate will be used and useful for the ultimate de• velopment of the island planned as outlined above, the repro- duotion cost new of which we have used as a basis for return. The estimate also includes the cost of a number of poles on the east end used for both light and power and telephone lines. It r c doss not include, however , the Dost of any private branch exchange, underground services, etc. which are paid for by the customer. It is considered that all new lines on the east end will be underground and all overhead lines existing at present will be taken down and the present overhead cable placed underground# s' i' DAY & ZIMMERMAN N. INC., ENGINEERS a, �e l ! / - YWr �G➢lI dyry I 9�14 iINA 1 +„ 10, as!r ✓ �r y;ars�r tY'mi `'� � r n L r >� r� rs,(ri'tr`f�` s ,rlu,( o-✓, / v f i r + fir r a ds��o"�����'✓������ I s sl r a a rFl r e r al/i 4 fF��y ��?✓rg� } ���',�r- s z 'n b r �ovfer r s+ s,., ryk� rS,�U/xtY�'Cff I si ./✓ a,i r '' r s r- x x m +r js�1� �'im�m 1�N�r�'k`"£ ��° r / k I"• £ r"c%xi' .� %r r Ali 9/ �xY � .� ' rz k"�' x I✓� I x+ '�'d(' +�l"ral r � �Jq�r ms��hl*""4 i l � I /ll a l 'f t'��'x� tNl rr xdf��!r�a zjrr•�>�x �a m � t ' n ry s� £r f rc+✓" r �� i � /� `t � ! n'� 3�,.zF^n^✓t �r��k,� n��3'rj�� pp {{yyy����pp yye�aa �,. ' ,� '� �'t ,P✓r rrk r`ia yNe'R�{±.�!�.!,`,•�%!✓4s ." mss r' " y k � l7�i ,[➢U r { i / � i £y r: s k�^f`.�r' T'7�� ��x {l� /, ) �s���� s r r n �. „ti„w wr m' x�✓F (rsivy�,av-�',ny'k� °"P��C� :'" 4 ��+ � X 9 1ti Srr�/l n 4 v Y r � � ,�f�a/:5 +t" 'Y f£ � �� N tl r� £ �✓9f"•f y� ��� ��IJ. � i s .x' r ,y r �Y � ✓ r 1 Y:+n ✓�f �' Q�'f�"I Sa� + e r r ✓ � e II v"�„rn��,���m`✓rfc�m� ✓> �t,✓%kn3��"s'� �e 7u,.. �. 7 �' 5r x r1 k fl n,D,�/� £s ✓m£r� �.r 4 m,�5' �' . _l £ ,,, I e✓,,.tr /nrr't�' k ��'F ",fiR�,Fi�d3"�� /J ^`Yf, `• r is r r1 fF;� � Ys +� a'rW f ✓ 7 - _ ✓ d ri '`gym ,m.�•aJ�w�r ev'i�1'`Pc;� tP.��%t5yr r�L'/�r�� rlrrl'm�y' . . / Y N.Sry Yr �` �t,�0�""I"✓�4�<y�� ff ��rt�91/' �` rA,a v� � T ��/�� N � +t r ' r ✓;, ,vr�f�ilwa hl�fiw� ��"� rt������� °i 3^°� t ,' r� .. I f %, '`r✓�h[ 'i^��' �£ #��.J,n`��.k`va_g > ��ti ��� c '`�1( �y"' y '3 ,± m �/ £ ,ell/ " �� ,,�m r" Mv. t ,.W •' uu y �qr „, a'Yd�"'JJ^' m ✓�rbi ✓���n sr°�$,�e,�''r z��3 5�$A61D P-SOM 10-20 AGC 1 P. O. NO. '24-32-0 PRESENT RATES AND EARNINGS AND EXPENSES PRESENT RATES , t The present exchange telephone rates on the island r are as follows: nr Individual Line Party Line Extensions Annual Seasonal Annual Seasonal Annual Seasonal. { Business $50 $50 $4.0 $40 $12 $10 �' 1 Residence 30 25 23 1$ 7.2 10 V. Trunks _50 s , F The -rat,es. as shown above have been in effect over three years, in general these rates appear to be low, when rig kI considering the nature of the territory served, the condition s t under which telephone service is supplied, the number of eue- tomers, the relation between the all year and seasonal customers, the present new development on the east end of the island and the rates charged in similar localities having a comparatively large number of seasonal customers. The long distance and toll telephone rates on the N , island are the regular published rates of the Southern New England. Telephone Company from New London, Connecticut plus a charge of 25 cents per message for the service between Fishers ,r Island and New London. ;I < DAY & ZIMMERMANN, INC., ENGINEERS Page 5?_a _ P.8.2432.0 F FISHERS ISLAND, NEW YORK �s � TELEPHONE PROPERTY ESTIMATED PRESENT ANNUAL EARNINGS AND EXPENSES ON BASIS OF PRESENT RATES Gross Revenue West End East End. Total Tale$asptance Toll galls $ 6, 360 $ 1, 0 $ , 0 g h . 3 60 0fi � , 200 - QQ 1000 Exchange Service All Year 2, 066 352 2' 64 Short Term 3 All year extensions 120 `16$ Short term extensions 180 60 240 Pay stations 150 20 170 ' P.B.X. Trunks 250 958 500 4 Total Gross Revenue $ 149 560 $ 3, 5 0 $18,0 Operating Expense Tong distance & Toll call expense . 2, 6 fr Telegraph Expense Exchange Service Exp.Operators 2 Labor Operations 08 If. �� n Maintenance 1,000 Supplies, Tel.& Miscellaneous 0 4b Automobile Exp. 0 General Expenses,.offioe rent TAxea ' n 51 Office, General 547 �� n n Supt. A - 1, 1 " NOW York Office31 2 , Total Operating,Expense z$, �+08 r , Maintenance 1, 008 Operating Expense Less Maintenance 17F 48 AE Balance for-taintenanoe, � depreciation and fix�� ed chargee Vii ' f ,. 592 Retimated Investment, Maintenance Depreoiation and Fixed Oharges 61118 v 114 of Estimated Investment) $ 110013 9 a � r PAGENO. 53 2452-0.,_... r a ' A The rates for telegrams on the island are the regular published rates of the Western Union Telegraph Company from New London, Connecticut plus a charge of 25 cents per message for the service between Fishers Island and New London. -� PRESENT EARNINGS AND EXPENSES J Opposite this page is a statement showing the f+ estimated earnings and expenses from the telephone operations ri on the island on the basis of the present volume of business. As in the case of the light and power operations, s; 1 the Fishers Island Farms, Inc . have heretofore carried on they telephone operations in connection with its other activities ` on the island and consequently the records :do not contain separate and complete statements of earnings and expenses for these telephone operations and it was, therefore, necessary not only to make certain allocations of the various total expenses, but also to include allowances for additional �y i I expenses to the telephone operations, heretofore neglected. ;` I our estimate of the present gross revenue from vT' long distance and toll calls is on the basis of such calls actually made during the first six months of 1926 reflecting, however, the arrangement and rates for such calls subsequent to April 21, 1926, since which date, the Fishers Island Farms, Inc . has received From the Southern New England Telephone Company as a net revenue, 25 percent of the charges for all outgoing �J a `nx DAY & ZIMMERMANN. INC., ENGINEERS 4@ 19 P-5PM IO Stl PAGE 54 ll l 2432-C P. �. No. toll and long distance calls, whereas previous to this same date, such percentage was applied only to outgoing toll ' calls. � Y An additional cable charge of 25 cents above theilk regular posted rates at the New London Ex.ohange for toll and long distance calls to 'and from Fishers Island has been made , since April 21, 1926. Before this date the additional cable charge was made only on toll calls, f The gross revenue from outgoing long distance and toll calls as shown in the statement opposite page 53 includes a the total charges made to the customers on Fishers Island, whereas the corresponding long distance and toll calls expense, ' it includes about 75 percent of such charges (the amount paid to the Southern New England Telephone Co. ) the net revenue being ; about 25 percent. Our estimate of the present gross revenue from tele- 4r graph messages is on the basis of the actual volume of businessr � i during the first 7 months of 1926; and reflects the change in arrangement and rates for summer and winter business. During the winter season (about 8 months) the Fishers ffi'ix Island Farms, Inc. , receives as a net revenue from the western Union Telegraph Co. 25 percent of the charges at New London for (' all outgoing telegrams from Fishers Island• During this period all telegrams originating on Fishers Island are telephoned to DAY & ZIMMERMANN. INC., ENGINEERS PAGE 55 r� P. O. NO. 2432-014, PC '. I r. 1; r New London from where they are telegraphed. to their destina- tion, an additional charge of 25 cents per telegram being made to the customer on Fishers Island as a gross cable charge. it 11 1, However, the Southern New TMgland Telephone Co. does not fs collect from the Fishers Island Fame, Inc, the 25 cent cable t `, charge for each outgoing telegram, but only oolleots such cable charge for each telephone call made 3.n sending the � 'I ; telegrams. As a result the telegraph messages are telephoned to New London in groups thereby cutting down the cost of each b message to the Fishers Island Farms, Inc. to approximately :I 10 cents each. By this arrangement the Fishers Island. Farms, Inc. receives an additional net unit revenue of about 15 r' cents for each outgoing tolegram. I .;` i a According to the agreement entered into with the Western Union Telegraph Oompeny as of June 20, 1926, during 'J a the oummer sae.son when messages are telegraphed direct to p - � ' the island, the Fishers Island Farms, Inc, not only re- ceives 25 percent of the charges of outgoing telegrams at New London rates and the cable charge of 25 cents per out- going telegram but also receives a charge of 25 cents per incoming telegram. The number of telegrams incoming in the �z a past have been about equal to the outgoing telegrams, C % i DAY & ZIMMERMANN, INC.. ENGINEERS , �Pf t9 RAOI-t 1028 PAGE 56 r P, O. NO. 2432-C Y 0 The phantom circuit in the submarine telephone cable is used to telegraph the messages. For the use of m; this circuit the Fishers Island Farms, Inc. pays the t Southern New England Telephone Company a monthly rental, a ; our estimate of the present earnings and ex- penses shown on the page oppoeite 53 is therefore on the basis that the telegrams will 'he telephoned between New London and Fishers Island for approximately 8 months of the year and soot directly by telegraph the other 4 months. M The present annual gross revenue From telegrams as shown in the statement, represents the total charr;es to the customer for outgoing telegrams only. Telegraph % expense not only includes 75 percent of the charges for outgoing messages at New London rates, but also the rental paid the Southern New England Telephone Company for the use of the phantom circuit over the Pour month period, the wages paid a telegraph operator for this four month s--r period and. the actual cost of telephoning telegrams to New London for the ,year, with certain miscellaneous ex- penses included suoh as maintenance; eto. This telegraph expense has been credited with 25 cents per incoming tele- gram during the period the telegrams are telegraphed direct from their source. J; ' !- DAY a ZIMMERMANN. INC,. ENGINEERS s is.sou isze PAGE 57 W� P. O. NO.2432-C u l . V Our estimate of the present earnings from exeha ge t telephone service on Fishers Island, using the present rates ' k= as now applied is based on the number of stations and ex- } 1 tensions as of July 1926. The estimated annual revenue from Pay stations and P.D.X. trunks is on the basis of the present M rates charged for such service and the present volume of business. Our estimate of present operating expenses in- eludes not only the actual operating expenses incurred during ' the past year after making certain adjustments and eliminating such expenses not chargeable to operation but also includes certain additional expenses, which in the past have not =r I been included in operating expenses such as pro-rated share of general officers salaries, New York office expenses and local office rental. Stich items as taxes and general expenses for both the local general office and local superintendence �� office is estimated on the basis of present salaries paid and present actual miscellaneous expenses. No allowance for xt s:. attachment rentals for the use of the light and power poles X e has been included in operating expense* The balance available for maintenance, depreciation r s - and fixed charges as shown by the statement, compared with 7N an 18 percent return on the estimated investment is as � n ' follows; DAY & ZIMMERMANN. INC., ENGINEERS 58 p sr.i.aaoa ooas PAGE_ P. 0. N0.2432-0 Total Balance available for Mainten- ance Depreciation and Fixed Charges $ 592 18% return on Investment 11, 013 ,t As shown by our analysis the presents rates do not give an adequate return on. the investment in facilities on , u Y% either end of the island, as reflected by our reproduction r,K estimates, The reason for this is that the present rates for j telephone exchange service are too low and because of this j oondition, we have made no further estimate of earnings and expenses on the basis of the future volume of business and the present rates for exchange service, but we have prepared estimates of earnings and expenses hereinafter shown, based on suggested increased rates for exchange service, present I,; . F. operating costs and both on the present volume of business and a volume of business which, we believe will result from the complete development of the west enand about 80 per- - d cent of the proposed ultimate development of the east and 1 r' of the island. s 'S f z. 6,a DAY & ZIMMERMANN. Inc.. ENGINEERS iSa i7Er"" S 4 i a ✓! rre rr ?rtwuaci lc n�r��,'""``rtS�rV U i �"'(r ` ' r s✓/r « b��w 1''YJJIrh 1 y r f,�z,�ym i l�o'r d, r i r <d >Y✓.r 0✓�f f,Tb�M1'rro✓r /ik�� 1 y'lj / S ta: rT cd ^{l` d x i 7 r r v r �� r �g t✓ k z ".h/�r t y�f S r: �' ,� ,v r .�krrft' i rt✓��✓ Y� ®w��k{d � / r i//N e�f �"I ✓�f l M(rli °aj r i '&/�' f ? sl. fkr}T''r„}✓ fl e {�(Y F' ''S79i I a / 1 w1 / y r _ �`�}¢ ' ;d':z rz n3r(fkild w9r sb /e "✓�t v�r� i<, r r � C t r.r Yrf �v d ✓S'ir T'2JZ�a '^"' �r r ✓ 5'R r r s✓ r t u✓+T ��rt.9tr j�5�'����f �5� !�f `" } r ! /r > r S✓ ( rdrr `L.^`,f -0y,) Cikvl�tg � S .f( r ,1i2 Y r a r ar r.G/r kzr �'^ .r r`l£ r't� J T ri E"'4rEbti�'�r�(kr'� t✓>��� d >xi7ri d Ir F/ r ',� ( r� sr 'a Ill'/ v'y�{h`'lt*�?tl y^�s yJyi�✓ Yi�Y�j���n�a��J��'SS,�r�'iG`,�� jr r �!' 6 n r rd ;,,§.�' a .; rrk,+,ry .r.(/rr"k 'i`✓ � ,£ r/ krt /`fk zi r l+ i/ rf Sd /''.r P rts: 1C'J('i Ya3 :✓J "�f �ku?ar9�r� /' Y d t✓hY ry i `' /. t Tr,� S Gs lf.k xf 1!/i'� -u'tax e(xs�f�t. 'lr?£2r"' r � q )�N r ......... rl.✓ Jr , 9F U fry x�ry //3 r i�x r' tJ(;r'r:�rR� f�r^r'Ci CGr�d � �tt� l df( �r s�n it r .��, ✓ y E£l ; f+5 ��;l����:%«,y 1 Prt df b t/ t'r` r r < > n r a,r r n x 1/Cr�Lukry$ fro(i�n�✓��"Wrry`y,�i Ch�v'�k"^`sd�rS`di ��Y,l.� '"`! '`x?, ��,' .. n no T rrY'ulyYh r� �x.�ra� fJ✓"a �lrj r{' � P Zr�S)<`^' ?s y r te ' S m` Y i r r d rYs#r>Tk, k�'•'x di a�s � M r I ';{< k 4 )h x r >a>vn r;, r?s P rr�.S e'r riT.�'3✓'rrir���f��f�A,�# i < C,v�y f dr f ! , ; r y- / L'x''rr- ''"'r"✓ e/F�Sf kf v�>�,a�e�s�✓ � rzzsru�r: .,m/� i�3 �� rg 4 +rrl"'ry..!' r r f �s r h4 ±- ' .v, ( l rt%/rif�/EL��.A°u�i7�kr�a;�yy✓1����"�£,H�,:'�',.�kjr d�Y� Jf 5 a r r/, r f / 5 f yr-;'rt I ixt/5`r', ��aA� �j�f�} 4r✓ , y��� rxxA �NG�'/S§ y�� (JP1 yr✓,:; 1 r e / C�r vs rrrx l r !'`a^' `�< r i r �}�f '!1�'�Y dye/`h" E i'" `i z" r f, { r jr,rt.? r l r r r s P s I '✓f rG�f'd �A�Y iv'df�jri}"�,f'`v'ZiG' 7J/� r � i�� y f� �; kt� , l r r r tiff m ff t:' 3�G,"rsr kt,`•Yr r,�f7'r�f�='x3' �`�/ ���/,y �`✓�l y/�';:u 3 //r>, i 7 y r fr n ar?sv t/{,,. a r .. r r r sS:Y Vii;l't rr yf✓/r�l� 7kr�� f ',iG� 13�r,��"f J,*>7 v�,.. er q , f , I✓ / �a '"s t n f}.fir' yr',x�„r,J! � fi ( ,n, x f�. r. r rl / rk n l n //� sk rc r✓'r�vil�C �a/En 'Y� ro s/ �,9( ( 4� �i � rr r ! sw��f?,n�/"YkS Sin'a,,� 1.�r'.7t�," ��'✓y/"wlr''/�'wr �drt/i 7�" �i rG" �. . ��� AfK r r i✓ / :^ XLC ��k' rirf rel/ i fs�k!17`f"5t .,r�x K / ��� k '�'>5. "x✓ t r i r 'ry �r5r5� v—rrPlr�"z'd.+Gt��rx�P Y'i+��ii:�/�r �5 3, r ni m� �jG,� i✓ J rr f 2 5� L./ rim✓' n!�>��.rtS� rC��Dsf hu Yrba 'Ynr �+J�yi r'.. r f r c / /f�✓r a a r -:r d�%(�,✓a�k��ff��(5�u w��'Y'xlr`rF r �' Y r. ,:. !� 4 ! $ is - r r 1{ < 5'f !S ��s✓r of /r` a1 s¢ a / l, A ' " , dA a a� r z rta Ft r '�' Irw �fi'Gr "3�a � r ✓f;' ! ,(/ y`-.frirt r f r d ✓, / f Cil G»�z��✓�I4yx�,��'� .`r1£,e�rU.kiyl`,yk' r dk �14! � i x ri)) /C .y r� z y s r fu n/ i �r4 S"rY rens bzSL � .r- rtgv✓✓'y y rY : .�z�i r u rrt } , r ::kr !"'d.i r� 5 h WF3'",>��`r�n / 53'sr✓iu yh � 3 y "�"i'! ii�r� Ai / -J / / ✓ dr r C � � fY'i {a ir'l rh d D�k`ts�� N ,'� "� v / i ''I � rt r p i,rf"r T7�Y r', �G � `��T��� L���'✓�`���3�"��'.x �. �` .� P �l � ' z � r .7f/r G )`��s�"d'u�''�''�'( S ///~r'l i��'`r '� ' .r ,U�. r' 'r✓ r " fa�✓.a� "'� rrd' '�,w ��?u2�'f+''� �j;�r>�° ! � � t� �1 � Yl/ 3 /Irr• `$rG � Jr l� V Y01'Yr$'� G f`rrr r yl SrC 5 '.3�L''a�✓ � �sxY , rt'L'<1� v5r�,tkr .'r$"rfii`rrE � i r nr x a 4r r 5r+x✓ 5/i trC r'srG S f"' r rs" � �f 4 �� r k sfry�er y 4 rr(��i?f'ri�t7��,.ty 9�'✓' Jr�k�-G�!xrn`i f i ZwsC,✓a /r N re v>c �rCyz.+�,m�rd7"d,M.,r�A' 'z'G ��� °'` fl` 'r J i t F ,/' F fir✓ rr S� rg ��r,yr+'ii*1rzG''C' a�:avdj�''aW � ✓rtX� ��waw, J v .s . a 'kr' "rh u w .r„I{ r ,.✓frf'fhA+jJ 'xw , lr /' � � t ri iii✓` gtrG;/��`��°�w''��zfrAi�t�,��x"'i'�E4�+ lt�hn�i �'' y,"�, ,n � '' �zf � FFr�+'�•y�;(�Sr�F�73i✓i/�ft'�x��,j�Yrlj�/� '(�,ss k+f i'� �. nes. e.aorn voce PAGE 59 P, o. No, z4-32—C G r I r FUTURE RATS AND EARNINGS AND EXPENSES L SUGGESTED RATES < 4 The rates as charged at the present time on Fishers i Island, for toll and long distance calls and telegrams seem adequate. These rates as previously stated are dependent on the egreements with the Southern New England Telephone . Company and the Western Union Telegraph. Company and, the rates usually charged by these Companies for such service, plus an .! extra charge for the use of the 'subm`arine cable. w However, we believe the exchange rates in effect bai , at present are too low and suggest the following rate schedule for such service be put in effect as soon 'as feasible, when considering ease of operation, etc. Individual Line Party Line Extensions Annual Seasonal Annual Seasonal Annua]. Seasonal r Business ° loo $ loo $ 80 $ 80' $ 15 $ 12 R sidence 72 72 60 6o 15 - 12 P:B.X.Trunks 75 r�. q The rates as su'ggested above, include practically thle doubling of all the present annual business rates the tripling of all the annual residence rates with the seasonal rates made the same as the increased annual rates. These suggested rates seem more in line with those charged in �3 localities having certain similar characteristics to Fishers a' Island and seem reasonable when considering the service a „y rt �ba DAY & ZIMMERMANN. INC.. ENGINEERS k Page 60a � = P.O. 2432 C - ' „ FISHERS ISZAND NEW YORK , w TBLJ, WftU ESTINATED PRE MT S AND EXPENSES 6 17 BASIS 01' SUGMTED RATES Gross Revenue West End East End Totel. ,Long Diatanee and Toll calls 69360 1, go 7, gg 0 Telegraph 3, 200 800 410 0 Exchan a Service 7q�7� 55 '' Shorte eTerm 4602 .� All year extensions 5 150 60 10) ,£ Short term extensions 21.6 72 288 Pay Stations 150 20 170 P.B.X. Trunks z znc ti 0 4 Total Groas Revenue 209763 4, 729 25149 2 Opera tin Expense Tong s ante cn—Toll Calls, Exp. , 2 Telegraph Expense 2, 96 6 Exchange . 9ervio:e Exp, Operators 2, 63-0 Exchange Service Exp. labor Operators 1400 Exchange Service Exp. Maintenance 19000 Exchange Service Exp, Supplies, Tel. & Misc. 350 c Exchange Service Exp. lut.o.. EXp. . 1400 General Exp. Office Rent 54 Taxes 2 Office, General 5 n n n Supt. 1, 1 n n N.Y. Office 3.—:.22 Total Operating Expense 18, 6146 Maintenance 10000 Operating Exp.less Maintenance 1-171 646 "fi j Balance available for Maintenance, 9 Depreciation, & Fixed Chargee, a. »4 Estimated Inv wtment 61, 1 34 tikb Maintenance, Depreoiation FixeB Qharges (18%i of Estimated Investment 119013 fi } vy r a i rr � 1 U en®io a.eoM vo:e PAGE 60 �+ P. 0. NO. 2432..�c €✓x rendered, the location of the territory, the volume and nature of the business, etc. EARNINGS AND EXPENSES ON BASIS OF PRESENT `. VOLUME OF BUSINESS , Opposite this page is an estimate of earnings and expenses for the telephone property reflecting the present volume of 'businees based on present rates for toll, long distance and telegraph service and on suggested increased : 01 rates for exchange service. The statement is the same as the statement shown opposite page 53 except that it is based on the suggested increased rates for exchange service. The balance available for maintenance, depreciation and fixed charges as shown by this statement, compared with a 18 percent return on the estimated present investment is as follows: Total' Balance Available for Main.tenarne, $ 7, 846 '- Depreciation and Fixed Charges 18% Return on Investment 11, 013 In making the oomparisonII consideration must be s s given to tho fact that the present total business on the east end is small and the investment on a per customer basis very large, f: rr Ers', r,s '"+� DAY & ZIMMERMANN, INC.. ENGINEERS Page 61a P.C. 2432-0 FIRS ISLAND, -'NEW YORK :. , IXXX ESTIMATED FUTURE ANNUAL EARNING$ AND EXPENSES ON BASIS OF SUGGESTED RATES s t Groes Revenue West End: East End Total Long Distance and Toll Calls 49950 119130 19, 080 Telegraph $000 5, 600 9, 60o itxohange Service L11 ear g,120 2 12 i� Short Term 8, 932 25+ 50 3��'+3b Al Ali year extensions 225 210 435 w Shortterm extensions 420 1, 728 20148 Pay Stations 200 30 230 P.B.&.Trunkc 375 375 750 Total Gross Revenue 289222 46, 697 7k* 919 OOperating Expense ong a encs Toll Calle, Exp. ' 2 5 Tel rah rj &xo tinge SeerviceeExp. Operators 49050 i Exchange Service Labor Operators 1r 560 Exchange Service �� Maintenance 6 550 i�xohange Service " " S}u�applies, Tel: &.Mico. 1, 365 ,' A'.onBeuSzervioe Exp. 800 General Exp.Offioe Rent 541 Taxes 2 g Office, General 802 " n " Supt. N.Y. Office 21100 ' 3. 2 0 Total Operating �I 3o 480 Op g expense Malnwenanoe 6 550 orating $leas maintenance laacce available for Maintenance33. 930, ter, pxcoiation and Fixed Charges il_._ Q fag 201"W4ta, investment�a 163t426 naa,Da eoiation & Fixed €9hsrgcs°'l18 of Estimated Investment) 29o417 s lanrnsorn ia.za PAGE 61 r P, O. NO. 2432-0 It From our analysis we find that the suggested in- creased exchange rates on the basis of the present volume of business gives an ad.equate return on the investment in telephone facilities on the west end of the island as re- r„ , Hooted by our reproduction estimates, but does not give s„ an adequate return on the investment in such facilities t ' on the east end. r. s, EARNINGS AND EXPENSES ON BASIS OF FUTU1iE VOLUME OF BUSINESS E I Opposite this page is an estimate of earnings and 1 expenses for the telephone property based on the suggested rates and an assumed future number of houses and telephone stations and extensions as shown by the following tabulation � s in comparison with present conditions. � I ” Assumed for Purposes Present of Estimate es in las n Total es !as Total Houses 175 25 200 225 4o0 625 Telephone � I Stations 140 24 164 200 3$0 580 Telephone Extensions 28 10 38 50 158 208 la? The estimated future volume of business from toil and long distance calls and telegrams is based on the assumed number of future telephone stations and extensions. 1 ; h„ DAY & ZIMMERMANN. INC.. ENairveeas h 6 , PAGE 62 ; � ,aa�a wsoM Soso 1 sS P. O. No.2432-0 7 i y °{ i yI„ The estimate of expenses is based on present labor tel. costs present costs of toll, long distance and telegraph service, but reflects the increased requirements in organiza- �� tion, supplies and other facilities to take care of the larger volume of Business. A comparison of the balance available for maintenance, depreciation and fixed charges with the desired return of 18 w ; peroent on the investment necessary for the complete develop- ment of the island is given in the following tabulation; ,V Total ' Balano e Available for Maintenance, :Depreciation and Fixed Charges X110, 989 , 18,E Return on Investment 29, x+17 f As hereinbefore developed on the basis of the I� suggested increased exchange rates, the present net earnings for the entire island are not suffioient to pay an adequate , g return on the investment. The above tabulation shows that r on the basis assumed the future net earnings w111 be more than sufficient to pay an adequate return on the investment so that it can reasonable be expected that all losses incurred can be recouped as the development of the island proceeds. a<< f: DAY a ZIMMERMANN. INC.. ENGINEERS - zi PAGE 63 P, o. No.2432-0 4 �5 ti a lr The present estimated cdefioieney in earnings employing tz� the suggested. rates, is due to the comparatively large invest- �r t ment in facilities on the East End of the island, which Y z necessarily have a capacity in excess of the requirements o£ ,xd the existing customers. s, =3 k 1 o t. f�I i M"j (� �z U i 9 R {1S i� f. i Pi , ' DAY &.ZIMMERMANN. INC., ENGINEERS � ./ r s xR y a i{� ✓ E: t r7� rist G S v .a '� .MIry r�/(lvilahj.�'r`ti'4rUF'n'/' ri � ✓ xf ! r'✓/r ��q� nrY� � ���r �� u r o a r R+x 'y''✓�r +�Yf�Ua1f8L' /� °for. r l' ay ry✓„Ia df n��a��'���^�"f�' k1f { WOMENf , as e/ ififir�,�ti�✓� }' '4' �,' r Sys rrr a: �: :. ' ?lt4✓� a } a'» r�arT �`�5/ �a�`'s`'rr�,� ✓ r �4I Is 7� , � v r � s a �f'ror ai t' al l� Y'`l ✓ ✓� " ? r of r Y at d r <rar;,!k''2 ,r'���ukm r �j �q r I a =•n', ,r wt r ,+ n �6s v ',°.;54 4 a^r. ���a�S '✓re' J /YY a ai �a 1a r y fi✓'rR' �s jrr ,�vxY,i� �� '^'y� r 5 pJ�lr r t ra y i' l✓>v1 i/� '�'a,''?°r �y��d���$^ } 5k� o �( r i a � j 6�yr/ .fi f s 9{r�Lyf✓r"��kttr��`'��' �',� 'Wi`^� d, %r N ✓� rJr�, r rrdr'3 r/7 i�� '�a}�tiff � �'�� `� ' / , r Yr ✓ !�r t Fa kwj f�¢��k���t�'j"Yj ���}�Y b� �'�, a✓, r rr r i� / ana yf Y'�� /,ri r m/ � "rsf r r ✓ A r i r➢v t Y�%'�'�'/4}F��f�'P"�i� } � a s rr r ✓r� /Yprrf trY i v ^'r� 317,,E d}`y�� � o WAY, I S r ( /f t r) r7 ty✓n,�"" o�`u' r : L y 1 f ✓ r � ,✓f� y r p t P f l / 5 r l>yr a:ifa fa7 ✓rl '�rm�i Y' Y,r r m 3 br✓n r+rYl� 1r v � s s r✓ r. r r � it w } � ` ✓y1,�(+y ri%arra f�/L?7✓f✓1Y�F,�t`�1��"q a`%� �d � �."`t a � I aa! t a $7Yy�u �7 r 'f tn' 7r'✓d�E�� Y/ra�',*.- G+' , Yy s F r a .. r'YrrA yr G7✓.✓��'n isr-"Y'''S`ri91'>;15ff �'IR Fr' r � f S fd s < 1 r r ' pD h6 `x9 Sa"yzDj v ;�fr m�n3y �y ✓'..]U` d � +'Altos, +'� �a to ' `` f,. � � '�✓ br} rf�"?f�i,a � r, g �, a a v spry �✓ Iry f v's �!,' r'y&� g� l � , r�7 r 1 r Ji) n i✓Yi h r�r,vT� „i°7f�rrry���� ��p�✓(+ ` m ',m m .r } rr, f °oy Pw r;f } rrl} ""nlaHly G✓2"�r ' 1r: + �� ✓ } e r �` yrN r rANY r r rt r 1 r�`r✓ :b x ✓erl�&�5�`rf~� r��">7✓&`r � �.� r ( n FF fr�r CN/fiiy'�`s[�1r8°✓y�a�l3jn��'`�r, s' � "al�+' 4 �, ry ¢�a �✓ '` � r& �✓r✓6�'br rvfy"" ✓�ar➢��Wa } : a ' 2rx r`3 rr 'Jb."Y 5v m a�✓ Tyr ? Q./aJr' }�h 5a �� ' �} F > s' us ��ryrQ�✓ a rr�l�1 �' � � X m a t a r Y ;l�,y •'rt"'"ff� �fA�r�"�`��� �si� ' � �r � �i N aT rlk r 7r r t U r a / y✓ F r Y o '.R '•'' 6� »'vP! t ' ,< r Gia f'`irv�'}7svr/%^�dN���aaN�'�'fsx�✓�'�� �����N '� /� r j r!✓Iv r fdsf I✓fr�n v,.,.�� aia"✓,�} I a� fi k'r � /'r�v Y��; 3 r! r f. � � f t �k''r•✓'�*xt5 �t�,�,'t��ar,r� R� y'>n',�� ��s '✓�.a o � Ir 'r fr. �s � ' d/ rr yr✓+lix rs<` SaA� rf �� �+�cf �'fry�r�r�'� ;!� J' i' Y . r , a slkp rrh' T Y✓ 6Y" -f'^" 6 '�j-y+'i�''/ n s� / ,s �aa ia' '�.tir�' i���1��`�'���•a"�'^'IG'7fryn �' �" � � F i r f" r�` t w2✓ r �a'klia�,6��� `✓�r'�yo�n� �/ r ".��'>i .1 3 ) I } r r{lr✓ "F' � rrN'r rd F t ry`a}n yi�r}4�3syy,y���vf�,x`�lf s � a 1 '� S 5 1 tFb j yy [ 1• urf'e' :+'"4s',:`� � M J f 1 y r✓'m- ��� Y r l � »Y � r 'J; � r ���yy f ori vy"�tie OUR, E Se xiaka""" ' r r'i- see,.iv.oaM,a,m PAGE 64 r.- P. o. No.2432-0 j' 01%TERSF.IP AND OPERATION OF PROPERTY 4" d The existing telephnne property is own in part by the Fishers Islend Farms, Ines and in part by the Fishers a> t; island Corporation as follows:- Is Fishers Island Farms, Ino. All property located west of the Poultry Farm Fence including the 303 pair aerial cable extending from the exchange to the poultry farm gate, together with all telephone stations on linea east of the Poultry Farm Fence. The reproduction y coat of such property as of July it 1926 is estimated as follows: zli Estimated Cost of Reproduction �° esa torus ' New Depreciation All property west of the Poultry Farm Fence $ 39, 597 $ 38, 197 Telephone Stations on lines east of the Poultry Farm Fence 594 535 Total $ 40, 191 $ 38, 732 axsvaossea xxvaaaaax 2. Fishers Island Corporation 4; All property on the island located east of the Poultry Farm Fence with the exception of telephone stations as r' noted above. The estimated repro- ;, du ction cost of such property as of July 1, 1926 is $20,993 new and r` $20, 795 depreciated, + DAY a ZIMMERMANN. INC. ENGINEERS aas is soio.ao PAGE 65 ra. o> r,u.2432-C All the telephone operations on the island are to be conducted by a telephone company to be organized and in. this connection we believe that certain transac- tions should be made as follows. 1. The Fishers Island Corporation should acquire by purchase from the Fishers Island Farms, Inc. , on the basis of the reproduction cost new less accrued de- preciation the 303 pair cable on the west end of the island extending from the exchange to the Poultry Farm Fer.oe, together with all telephone statior_s east of the Poultry Pam Fence, 2. The Telephone company should acquire by purchase from the Fishers Island Farms, Inc. all telephone property located west of the Poultry Farm Fence, exclusive of the 303 pair cable described above and the submarine cable connectin3 the island with the mainland which is owned by the Southern New England Telephone company, payment to be made on the basis of the reproduction cost new less accrued deprecia- tion. 3 The telephone company should lease from the Fishers Island Corporation all of the telephone property located east of the Poulnoe pairtry cableko andsuchtotherer with'cables aseit0is necessary to erect in the future on the west end of the island between the exchange and givetadequate he rservice y Farm Foncthe iorder east end. The lease should contain, among other things the following principal provisions. a� The term of the lease to be 5 years at the haveetheration optionoofwhich eithere lessee purchasing hall purchasing value or the property at thelleasets th�foraarperiod 4® of extending be mutually agreed upon. DAY & ZIMMERMANN. INC., ENGINEERS PAGE 66 fJ ass is moon was P, O. NO. 2432-0 e� ,-1 b, The lessee to operate and maintain the property and to make all improvements F and extensions thereto as approved bythe , serviceson�the East in rEnd to of the eislinte d, 's D* The lessor to reimburse the lessee for all expenditures made by the lessee in connection with the maintenance, im- provement and extension of the leased property, i d, The lessee to pay to the lessor an anuual ' rental for the use of the lessors pro- p perty, amounting to $5%00 per customer, if the suggested rates are put into � . effect. The number of customers used as a basis for such rental should be ; those east of the Poultry Farm Fence as ; of. .August let* of each year. The above provisions are suggested in view of the fact that the property east of the Poultry Farm Pencek JB overdeveloped for .the present volume of business and earnings therefrom will be insufficient to pay an adequate a return on the investment for a number of years, since ` art the character of the telephone property east of the Poultry Farm Fence is influenced by considerations other than service, A the telephone company should not be required to assume the M burden of the fixed charges until such time as the property is self sustaining. DAY & ZIMMERMANN. INc.. ENGINEERS PAGE 2 \ ° > eNO. 222-o \ In addition to be transaction enumerated £9G t \ the telephone company should pay the 2+t and power cm. { An attachment rentals for the use of the latter company' s \ pow w . \ \ � � \ ( � [ � � \ ( . . . ( � ( � ( ( \ � t � . \ ,2aamewm. �ImQ . m : \ t �� - t t t� i 4 aj `� iy � �� .tf��✓✓S� ,�m r� i 67 a f 7 7 t t i t a i ��t� i �n�tt �r +,'r ^'✓ ,' u��t<n�ltt� �," ali ��'rii i - kief). 3y �, Y a3 a -r f rr ✓ ^�✓n� N5.'1aly; f vl *, � rt � a 3 n �✓v{ � � �tiiiSq f � v ✓. i"' �a 'i i✓ �h�/'s � � 4 '�(t '7t / t f �'� < t f �� x�'i✓a a !s a J/ "✓ ri i z r � i � /� � � °k � s � `".�f�`tnJ � /T�✓✓t:.ti�i' ".✓�>�'�1 �a �K ' t� � � � ,�, a t b s x f a t in Y �i✓+ >11��v"'v,✓"�� '-✓ ! 4 ---------------- �r � a ;� t -��✓ t 1It r �s N✓vt 7y ✓: �✓1riT r ii'� �v a+f � 8 a al �, t7f t , t p tnpa 1 r✓°t�14� 'r�o✓� � ! i/ r r. �a ;ii it Ja f a r v s � oa` z �3 '�✓">�+%d� a i n P , r t ] r r rA " F a a" � a /✓ � f��n t� �� ✓� r' ._ a r a t +1 ✓ 1{ r �.✓'�sl✓�Y ,S k�6i!`� r�g �� i � -. � Ir a �'f S � (,L bf��✓S��;/l;�lyz�,°a»H� ^ ��/�r:`�� ��s ;t ` - � rN �t "�� �'1 raz r �' 7Td-✓"y � .alrx> �,,�r���}�"' y{�✓ <��} a i i t� � I�,y i r < 'tn sr ✓ i Ivy r ✓C�.�dd„. ( � alf4fh '� r a �S n v yF 1 w r 17 l a �:✓ f���y�'it a t r �✓ '�+ t � Pr ..!> 'fsY �� /: r ki nt f✓y�yS yr y,>/y E'j'�y / �A j ��;/y4�`° S * ry r i rx _ iM1 + � � S rJi� 1 ayr rid' }�;� ✓cfrr✓r✓ 1r��t�" y�ji 1 d✓ � � � f n. r r ✓ 1 ✓ tnF !a✓,��;'�� ip fN 'R� dY t�,F &r��. � � is t 1 J!' :. �'� t �1 I✓ Ali q'� ��'��' ' Y'9✓`s t�1��F� rr:1 4u✓a ✓�✓ ' ✓ .2 � 1 �t � .F✓ ^� lv��c iidiJft tfsZ� ,S� w.r",,rf `fig �r i 1 - �✓ si Sr qta baa r � � 2 X �y aw WaY'�t9 ��K%v� �M1a `+u. d✓rsy i�. �r 'a an -. � a " !' S/ i✓ a d o r �.�✓�� anF� � a?� �xY � 1 sk� ,�. ( a r .� �' `� � �'�r y Ft,� it �ks!e/r+��R'�IJ��� ✓J�sXf✓ si' � I ky a�;� rt .. 1 � a � � t /, i ��/ ra M �/,c't�` - YYr t�t� s�Y h;'rU �I�f��,r✓S�Y3�t�>�f�f'/,,r ✓ �, i ✓n r m .�, �r °ia � s i s ;. ✓ r i a t t Jr ;r �';� a&n /� v,( �' fps '� � Cts a /t �: t i nIf(t'+/ :''yla^`+r.� f✓ ✓ / i �.�a Yl�,� tp y�,l yW M"r✓ a Jfa.� ,S,r f,�Ta.ic f ' � i r ( � n a� t✓� s� � y,-yam-" � r g�.�✓ ✓ a8✓ l wi ry✓� r �n✓r�tN�G6`fS✓�.�`f� �g � >y i s j i: S i t t r i ! pl � ✓ r t x e/ �.��� ✓'.�t✓�a-tvYo..,r'F'.t fit a � � s i` e s ,✓ r ✓ .^ x ✓> a: ry { ✓' x ✓ {✓�i,J' 4( t yM�2?x��y�^;:y� i!f�{.tp ,; /y Y' ;� a � `! F. 3 ✓ vi a sF,� a YaE Y ly JY ✓� r �(�> r st a �' � '��y �!�"tXr si i i F r�,Nt�tFr�4fT✓ bi� ��qt�{rc k'4f����� �' f v r,' '>i ��`l : ✓ � _I 'u t> Sy y ✓ 1 iy' 2 ✓3f,�f!11 la Fr..�iig`jC4(�7���n��i;ai�7�lfptj"s� "f'� � r- { n r .�„ �.. � 'tir �, �� ,� a r p,� i t y�"�^. F 2 �jo- A� ✓3r�F� t��s. F aKs��} rt a! �� r [4 )�) � ��.. � a Iu: � n�✓�+�i�,�✓�✓off�fi '� �9>�� ra'+,���✓ r F `%✓rS�,J°0��t�'3 ���,�� �. >S^ r f 1 r S ;otic �;> l/ F rtsv S f✓E l �/yFl�F fji4r�� ah✓{Ti'F at)y��*.�sY' r`� ( � � '��t✓J+ ,+ i1� ;t a a � t 5 r � �rll^t of �a �✓��� of a ✓`�l.W�r 1 r i'lt ifi�l„�t yl r�i��.'�y�b J ��� „✓ ,: � r � rYt .. 4a�ti I ' ^p rrr 1� �N��k�bdy'i f,��J � ";•r"`N`J3 yic ✓ E DIY ., a ✓r � t f � �a�� siy.> �RAr✓ a � ��31����y✓���,.,(✓ISAI' �} Y �Ii.r1 lr":l�a �.✓5�t N� ��k�4}'na- ��/6��'Y���a �: �y� - > i i < t s tsy tela a �`�✓a �u'ir�idl 4t��� t�1 Cfk �r s,��z����,�����r.e,�'����e�n�"�''ym"> � r t y.. s✓ z �'� 1 t�✓';b,✓,ays u,,✓2 a t4 z >a,�T,(s.�:mN �G a �i vs� t f� i ?-ry L� v 4fi. ' ,jrv✓ is r s � i x i .�✓r � a"r .�5x ii' �� ��`S � i��.�� J„"'b, u��`�� '3Fs�`�""�+d .0 ��9�""y r av r. r ir✓ "uta t, r ✓*.' v y�rwar�lJ'h�y��✓�� �'h�N r✓��t`6�'�d � j 'Y.�r :��&a�' 4�#�•� fj< # t z t i r a �ry✓�, ��F,�✓R`!za i� �`�� £��� ru l✓'` � �rr ✓ut ✓i ���y��, ✓F ' >Y' ' t ✓ `.a �c st}- t ' y a a� � F�✓arvx 'r Y;, fr A?ll(<n��;1'.�'��� k✓ G�,"'�✓ ,t �a�' a+ y� a � "� '��i� rr + _ r r✓" � '" S 2✓`z(1n,�yr"7 % � �7k�25 m�h'a�`� '.:�l�i ����ah�j�a?'` ,t;�p '.M1 y� ag"�4.# v N a' r �"ii s��✓ti'. r � �m� 5 "",y r y.53'k ���> ^�l✓K�;�X'"fi��1�✓,.,r/. "-� � '�•��� �f n srJ, r a n "'t a -. ✓ asst �ttr f e � },�i�v�a �,a.l`�l/p^✓:�wyd ��„�'�'r°���nz�"i k5- �?� �,r�J{ri a � Y �at aY .l sF t N t I/ t � x "+,hri� �-"t � .'s v�~ti l�.✓�r�✓�.�' `t� t�3'y��'� h� ri �"�/ 1 r"✓.xi"� If�^�q" et9ll��'r'Y9i a � � S r o:� ✓.fr t�✓atY� is✓ i i �frf�'✓'�s'�& �/ s+'��E:''n'-�/��.�14 "�1 a � ' f �. 'S ��� .y Y B s ✓ f� ' n J r a r ^ " Y*R�y � ri!� e�,�,::. r'���aEu ,�wiA''' -'ar k� ✓^s�3u''� YI ",�n�,• '+ s �5' � t, S`;�s .; r ' tr v-' tis �;_:)a a� '`a5� ' r ts'!`1✓`'" r ���"�✓�. �� rrPt � � `�- �7 ".! �?r � i na r��✓l�i!h-tl '��N�'+t'.�a��f�f� § ra`rr w� Iv �� ���) Lei � � � � jat�n � , n r t r r p i N Xf / t/5✓ Ch �� s.o r��c,,f}+�.>n,.,>y 1✓alv q47 T'a �i� r��4� 3 ru � &P �i � h ✓ i �, � �>•� Ci la/r tr��,6r'srn Fera. Ge`'S'avd�'L'.ry. °'�t-fs4.N r(il�y � ,c ✓! g„s ','a?,', �.Y�Y$i'fy 1 3r 4n �y, q'�t ✓ ! ac xs tf a f +�/� ra�y''h � r�s"'w ',sF z✓.� kr✓�:'9 �I r?n.+ � 5.0 � � �, .1 a �: l .✓^' r"a"a 3 7yga ✓�,>1 v<xJ fa°�frsy '� �'� � �,•�.�i6ui � y��`i'i� ;, s��," lY I� �� ' r a �.� � t.�.�tr4��j.f�, ''�'' u�f�m!;�w f�����,�"✓�a�na��,,¢¢.��b ���� 5 ���,; t ,. �� i{ 1 s '(h' � kr� '^`SNI✓�! yivrrr � � ,9T'1'1 a (2a ✓t � YPo i � F r ,� �s,✓ a i� f � �a� t✓,�✓sr"',ftt/2'�It tfi�y��%.."r �f�' �'�i^��T ."N"r�ra"��"'i�'t�� y���� ir 3;�a,�� r� � � `�� �'�,� la;h' r '. t a �rz tY ". isr " ^x§n A7j �+r�� p sx1 sK`5(`y4�h✓„�,g�i^ 4 saf f �" ( �� 'YF� F,.i? , x r f T ' r a✓7�tie,+ ,b ��✓✓y+;w3 k.✓��'f.�yt y,�,;�;' .,+r�G /��"'�✓✓�, �F � �; � r � � a y . r?n r a )r i// _I z'f i zp��"�c`'`y✓��t� �ef+°,9i^t d'7 � a q�. 1�i fpm, au ��t� tV%n t i at2rr� ✓ t�'�,ik >�� �'� � r'tr%��+t7�`N��� t �� 1 "! �, ' t �' 'r, t' '� (i>' ��a ✓ s x s a t is~, rS v'uv w"�,9't`� Y�'t n''s i, , ti < � .;v tr7 rn tx a ��a ,i>�u✓ n b�,r r✓,z3�,Js��,y�'u�;�,"„� ' � ' �'. a ✓ r a, ��s d, «.'ai/jrt.�n ''S 2t✓"n'!d"/✓<✓h�l� t w'7 , tr��'aY�ii a ,;a�,Gd "�'1'�', ;✓ a � °� 3 r ; ave na t /b'�al rF✓..:✓'r � /r✓r�ry� �L�✓vn/F� w �+ #�..vq �' r'� � � t s`~'���t��ar rt�r �, � ( �it3Y9l ✓.,1✓�i�i�t.�a&,,y,✓��`t t ,, " '� � A', a. ��J�". 1a � tM t6+r'�i�"'p✓^.�`�Gr �� � ;� r ✓I t�✓ �r't L?hF N SW � X5x k �,y�a�%.�'r�ry� �� d . # S � ✓r+'°r��a *�r dS�;,ry} ��a�k'�w'3",�v�Kf1r��6 �` � a ,y . . f �3(5'! �Na��{�'J JGIip't''a�t✓,aY/Jf u aL tr� �� �� � f a ? r✓'k�`i'r�Lsfi ii!.l ,ak1 tY��95?a�rj rJ,���������A! �'da7, 5 Y �rf � 2T� /✓�`ar.+�t�` }rfa' r ,, .vi& a »o��tt as4'`s'"'�Gr'��b..�:�a. .�r. nfr`✓�``J� ' s �tio" Pt.fiu r.�r,� ��yit �"yat Tdp r rtz I ` Ffl bff 1` r 1 o/ao`t�'��•�, it r x'Ts r e•Fr�-f rr a y rl tf r ayfa err '✓ 15 4F uF f x��lsn f✓ xr j,Y� l8 4 MA oil rr ryl' x F r r r s ✓' y Yr f ri^Sg��yrv✓ �'4n. " f ✓ �/ r t I eye ✓ ��' m 1 rd9 trGy`s7r, Tf r sv, � [ ��� r I r✓r ,� F rr?��}!f i n/rF ✓rw� f G i n s n r ira ✓ .y'+^ yr r r K 1 K I r` I �S ➢f/Y" x`a'�7 f } (+;n i 7 5 J I Rf}' J� r �'�?y !"'m ,✓�r"F xr tlk,,rro F .P-Y 6✓ a M iF; r✓r n qrr( <. ry£ry 3x�I /tir t� z rt✓ f ,, / z r^j ✓J,',' I'/u r ,✓ ' ' i t ' x '" !f x lf/ s£/F r° ✓F✓�'r' qui an���r£ri.3t i�i A :✓" r. ';;rt+ b 3. �� JS �ti'',�.`S�rf✓ f�'7f"Mfl `yt 's � + I f ✓N f ��r xx sx� J�Y`,f��d��,�,�,',',m�.%�a�,,,�,r`�.,�� GO�"x'M eq y -r 3 s �t''r re air %f`£d IY a Y r r✓ r f ��� h r a,`f+r �„ ,r s £✓ drs r 1 ./ r'rr✓xr#i�I✓f� y�� r �rl � a xF ,h f. u , r �j d yS✓ A a s esy �r ✓/,�. a'g?xr r ?'w+ Jnr§ ' n + Q riR � t n,✓';l�wr JM4�1y11�.✓".�o-'fxs-,f;�r� .���f -r^:f � �� �sr rr f m.>f 4r v r i d 1 4 yYer ��YG rr 1�¢✓F�±-���"�.Am lvt�Nr`%✓��r��3 n'�rx�4rr"'r`£�`���1 I avv x r^ ✓'es x "✓' Y �`'6r '", rt+ 4r-' }, r'F%c�/r v uW+'S'Y✓ r�} F�✓`�F P v$1��"`� I .r. F: 1 s /. ✓FP ✓ ✓� r ro��/Fk f v rry � ? n sr r ` ✓j r°hl c '� Is+r r ,F;jn�uris,.t�'�✓xs�'.:a{r,3�F` (�.,r✓FJ'� °�F. i } r �f ✓ r rdj I �4 � sF..F iia r Fxs ,fid Lx, � ✓ .l ✓ Frr r :,�" ✓ ''�M1�`�r� hl� d�✓'S✓Y 1� '�,ys'� � r .. ' Tx Z ?f/r" �rf r v % ✓ !s "Y✓ri v�"�F r r l r��b r'i�+�✓�i+✓�✓i l�' x� ai% �`:� ii r�"', f ✓r,✓, n r 5 �s r F ,£ r� �sa'�i�ij .✓'�"'J Y.fy��•' ✓''i'a` ,,�r�'+��� 7.ty�r�",, �13 ��.�5� ✓ x _r r u xt. yr 3^ k lu✓,fir,..f�yfN��l✓'A� }��r'.$,�1'.� w �� 6 � r,. � r I„ S r � sr k3 NreS Y9✓: b 5' ry,F r � s u'v +'.^ l ,fi r>F� f�TaSry%�zsl� 1'" n£' ..,�r'" 2 C ✓r F r f a'r ft fn ti I ,� s 8: .w '�< �✓ry r6 sir}Rr f�f.F r s vii n {s}rtf3v�F'`i A� ��F�� ./•J � r ,x f ..� � f Y G' ✓!ti . Irr x} .+ xsxn,y } _ b+}-'£ F"4 y,'��i uf'F'I Fly:7:✓s` `}'r"s.'�,Z''�� k�fkni,"�+'�!p ,F ?i' r r r �. �r is r r r£ l yi r 5 ���,Vf ✓✓ r ✓ r (£ ? r . . F I z✓ r ?f f'✓.rGrtT F aS a F%n''Filr '✓nz E�xr rYNr/rG��u�£`r wC' 1'rFY� l it n. x, ( s rr ✓ s✓r � r{ r rt.7k "r"xF.✓ £1 rar�krff ✓✓ ;9✓,'t��1 pr 41.�y'`,�{ r,� I�f/}� J! r r x ,,'l F Y,� z�2�,n� 3' of !sr,,IX �,6r�'✓F'.£ri ��£r�J�l�`�'i-'fciP ,�-li` rr ��!,�'�fi r £'. £i: grFx r .r Sll t r'f s tG •'F£'l�� F a'�tr✓'q µdr i'i Y �✓�t� ��P� £� 1� f �TM"�� �; r r�7�fFx Y s r,yF 3>�r. 1K�i`„4f raFr l`} Y`vrf s:�r�!mG/9 ? j'�4`u;YGr�yr.�"f '��F`�w l� J: y�}, 'r I r£ v✓ �,u,'J d raF,✓ �w'1:✓�1 i S�,�i ✓� �, ! r� ,��.�(f r..-.Y��,�a 9 ,a, t jT.xy S t a �.,f rr v F lfiv' r!�' w7Y� �I/;,7`" �� r f ✓ F i . rsU� r � /k �v +.,'Y vfrry�7Kg3��✓�� �� 1r +Y vy ,�' M;. r. rf� :' hla nr i r t r t+ -> ✓r f£�M,F� a1� 5 � sry �f£,^r�lm F � r I� � f H1 ^q` sD x �xy r"' s " v Z�w'?r 9k'�^ d 'rN� ra rj1b"'£-,�Y,?r'rs gym. e✓rai, -.;,� n .Q;�' x ' 4 `. 't+ r M t s ✓ t Z r 3r' tini r� .?19J"2>"�!-�f.9n Q d>lG ,� f�3''�I' � � �l +} ?g ✓�.�rr } l r r +rx/£��p ay��.z�`,�✓�L 4T�f'`.�'.;tJ' �i s"�F 31a',�£ �,.£' 2 . �,' .'* -� e r r I i x r -�3 a F,r ✓rl �+ r✓!S W� n }'i �r P r } r 'r Idrr t M �r srr 'rd '` s Jir r,+1 �ss F`�" � 2� Y ,✓ * ✓ + 1r 7 /ti-w l £+ w�`'�'l 'n'L"'j.i'Fs, a?/' y' � '1M r ar - I �r 'bi,� f - � r 5 ." ✓ l x}`}rrc i��Js3,�i.' nx�n!'�9:� ff J� � ' '� s £i f"o £�/ r N ,{ £'✓ S` a x r l rl" Ir> w jy/a 1 ' 1✓A ✓''�'fJ�� sFn �' .�F iN � ��a t ✓ ,r/°'<�l r x . Y � �ra r��s£�,����'✓¢ x G� !i ✓''r � ,,r/> � ""r d� '��� r �✓ s r ,,y is�I4 ,*fir. �� r' i1✓` ,k r ��yl✓���r fi rr('i 45r r�"}S� 2Cs it/d I r ���� p•�'',� Kms!`N �Il � F > 7 - �'£ r; Sj 'f a n i /x p� r' �'' ✓ �I L F��/'Llf/✓"4�) '3,Fy�`�'l�N,�YN'ry Y��y`e � �j f�v�+J��W". �.1�� �f� . i FISHERS ISLAND-NEW YO 2. K. THE WATER PROPERTY e WATER PUMPING STATION - k WATER RESERVOIR � TRMI. 4 C N FOR WATER MAINS J t. BARLOW POND. WATER INTAKE. �I¢en; s i.a vn+ouo PAGE 68 G �- P, O. N0.2432��i ^I r 1 ii 6# l �S t DESCRIPTION OF PROPERTY PRESENT 1 s; Source of Water Supply a'{ All the potable water used at present on Fishers Island with the exception of a relatively small quantity obtained from a few privately owned wells is supplied by means of a water supply system which is fed by certain ponds located east of the Poultry Farm Fence as shown on the map opposite page 5, The surface area of each of these ponds is as follows: Name of Pond Surface Area Barlow Pond 13 acres Island " 47 'I Middle Farm Pond 32 Total 'I Up until this year Barlow and island Ponds only were used as the source of supply, but in the Spring of 1926, a connection was made between island and Middle Farm Ponds, so that water is now obtained from all three ponds, There are additional ponds on the East End of the island with a total surfaoe area of 52 acres available as an additional source of supply of which Treasure Pond with a � surface area of 10 aures, is the largest. DAY & ZIMMERMANN. INC., ENGINEERS Mees io i., . w_n PAGE o6y9 P. O. NCl:432-0 All of these fresh water ponds are basins between irregular hills of sand, gravel and boulders, extending be- low the ground water level of the island and having no natu- ral surface outlets. The general elevation of the ground on the island is from 10 to 50 feet above sea level, with many hills rising above this height, the highest being Chcoomount, with an elevation of about 136 feet. As a result of the geologic conditions on Fishers Island there is very little surface runoff, the rain fall being absorbed by the porous turf, sand and gravel. The water percolates through the porous topsoil and ultimately finds its way by seepage into the lakes or into the sea. At the present time the water from the lakes, after chlorination, is safe for drinking, but as the area contiguous to the lakes is developed , it will be necessary to provide proper facilities for sanitation and sewage disposal and probably to supplement sterilization with filtration. Pumping Plant At the present time there is an interconnection between Barlow, Island and Middle farm Ponds. The conneo" tion between Barlow and Island Ponds is 10 in# cast iron pipe and between Island and Middle Farm Ponds. 12 in. The DAY & Z[MMERMANN. INC.. ENGINEERS _ SAO t0 ASO A1100 , II PAGE 1 q 0 � P.O. NO. 2$32_0 w� pumping plant is located on Barlow Pond just west of the IF; '' connection between Barlow and Island Ponds and near the main east end highway, as shown on the ma � P Opposite page 5. The water flows from Barlow Pond through the intake lines .: to a suction well, adjacent to the pump plant building, from where it is drawn by the pumpe and sent through the force mains to either of the two storage reservoirs. There are at the pumping plant two Delaval Centrifugal pumping units each driven by a 30 H.P. induction motor and each having a capacity of 430 gallons per minute. The size and discharge of these pumps appear to be well suited to the present operating conditions, such as pumping head, hours of operation, I � �t etc. They are also of sufficient size to furnish the additional '° water that will be required for the East End as the development of the island proceeds. The water is treated with Chlorine by means of a type MSV, Wallace and Tiernan Chlorinator connected directly into the suction well, The equipment described above is housed in a brick building 25 x 3$ x 10 feet to the eaves with 1.1 feet rise to the peak of the roof. Store Reservoirs There are two storage reservoirs on the island to which water is pumped from the intake at Barlow Pond through force mains. One of these reservoirs is on Belle Hill, the DAY & ZIMMERMANN. INC.. ENGINEERS �� '.i PAGE 71 lA619 rIS OM 10 2. P. O. Na�•32-v V . highest point on the west end of the island and was con- f. i' s strutted in 1904 and the other is on Ohocomount, the highest j point on the east end of the island and was built during the f F. past year. Belle Hill Reservoir is 51 ft- in diameter, has a t depth of 22 ft. and a capacity of 330, 000 gallons. Ohocomount Reservoir is 78 ft. diameter, has a depth of 15 ft. and a capacity of 500,000 gallons. The over- q1 flow elevation of this reservoir is about 145 ft - It is pro- posed by the management to supply the whole system from this storage when possible, as there are available about. 15 feet additional head over that of Belle Hill while the pusips are Shut down and from 30 to 40 feet more throughout the west end when the pumps are running, Also it is more economical to pump the water into the Ohocomount reservoir, as the total required pumping pressure is less due to new pipe in the force main and shorter pumping distance. Distribution System As Previously described water is pumped from Mar- low Pond through force mains into both of the reservoirs, from where it is distributed through the distribution system to the customer. The so called force mains connecting the pumping plant with the reservoirs are also distribution mers services are attached to mains, as a number of custo these mains. i� DAY & ZIMMERMANN. INC.. ENGINEERS :%CP ne a eom[o . PAGE 7p P. 0. N02432-0 The .force main extending west from the pumping plant to the Belle Hill Reservoir consists of 11, 530 ft. of Ff 10 in. cast iron pipe and. 520 ft. of 8 in, cast iron pipe, The force main extending east from the puffing plant to Ch000mount Reservoir consists of approximately 8, 700 feet of 10 in. cast iron pipe. There are additional distribution mains on both ends of the island. u On the west end, the additional distribution mains include 4,680 lineal feet of 6 in. cast iron pipe and about 18,975 feet of genuine wrought iron pipe ranging in size between 1-1/4 in. and 3 in. There are on this end of the island, 40 services connected to cast iron mains and 127 connected to wrought iron mains, making a total of 167 services. These services are mostly from 3/4 in. to 1-1/4 in. in diameter. On the east end of the island, the additional distribution mains, are mostly of 8 in. and 6 in. diameter cast iron pipe laid between the Oh000mount Reservoir and the East End Office. There is also a complete underground water system for the N'ishers Island Club golf course . This system consists of 4 in. bolted pipe and numerous 3/4 in. street connections to this pipe and to the cast iron main between Ch000mount and the East End office. In addition to service connections to a few old buildings situated on this end of the island, connections have been recently made to a number ' DAY & ZIMMERMANN. INC.. ENGINEERS 73 ' PAGE �n digs sss evou iaan P. O. NO. 2432-C a- i of new residences and to the Fishers Island Club House, all recently construoted. E y3 Within the past year meters have been installed on practically all customers services with the exception of a few small users of water on the west end such as the West End Barn, Union Chapel Church, blacksmith shop, carpenter shop, etc* and. of a few large oustomers on the east end, such as the Bonbright Residence and the Fishers Island Club Golf Course * it is the plan of the management to install these meters on the west end, but because of the fire under- { writers regulations , meters have not been installed on the is service to the Bonbright Residence or on the main supplying 1 golf course. It is our opinion, however, that the water the g' r. which these customers use, should be metered, and meters could , probably be installed on by-passes, thus partly complying with the underwriters regulations. ; The number of houses, number of meters acid the r estimated amount of water consumed at present on Fishers Island are as follows, West End East_ End Total 200 i Number of houses175 2 *Number of Meters 210 20 230 Cu. ft. of water sold 5, 511, 217 1, 3179467 61828, 684 ' The number of meters does not include such large un- metered customers as the Fishers Island Golf Course and the Bonbright residence. h 7; DAY & ZIMMERMANN. Idc. ENGINEERS ' bx 1A rsm moonio..0 PAGE 74 �l I P. O. NO. 2432-c !'I I I�JI 'i } I Whdidsale Customers i The largest wholesale customer on Fishers Island is Fort H. G. Wright. The total water pumped for use on the island and the total amount furnished annually to Fort H. G, o Wright for the period 1920 to 1923 inolusive is as followst r Total Gals . of Total Gals. of Water Sup- Year Water Pumpedliey� d to Fort H. G. Wright 1920 48, 200,000 2000690800 1921 53, 100,000 20, 488, 775 ' 1922 59, 800,000 28, 5644, 000192 �. 749 175 fin 1925 58, 785,000 2b, 495 575 ° Total 324, 86o,000 154, 2931950 9 During the period 1920 to 1925 inclusive, the amount of water supplied to Fort H, G. Wright was about 48A of the total water pumped for use on the whole island. The Fishers Island Faxras, Inc. delivers water at , !. l ' the entrance of the Fort H. G. Wright reservation, through $ I 3 a 6 in. meter installed by the U. S. Government. This service has been rendered since 1918, under yearly contracts in accordanoe with what we understand to be the regular s� practice of the u. S. Government in such matters, The ¢' present contract is dated July 1, 1926 and is for the fiscal Year ended June 30, 1927. It states that the meter shall be read each month jointly by the representative- of the govern- ment and the Fishers Island Farms, Ino. The meter is tested DAY a ZIMMERMANN, INc., ENGINEERS sns ion.a ns men PAGE 75 F'. D. Na432-0 once a year to the satisfaction of both parties and if found to have less than 2yerror, is considered. correct. .Any adjustment made in the motor, it is stated, shall only affect the previous months reading, The billing is made monthly. The contract can be renewed by mutual agreement and can be cancelled at any time by the U. S. Government upon 30 days notice to Fishere Island Farms, Inc. The contract states that the rate for water shall be 40 cents per 1, 000 gallons and that the quantic of water g y furnished the fort in any one month shall not exoeed 700, 000a gallons unless more can be spared by the Fishers Island Farms, Inc. without endangering the supply. wI. Up to and including the year 19259 water was supplied I' s mainly to the west end of the island with a few customers on i` ii the east end, between the pumping plant and the poultry farm k fence. In 1926, when the new pumping main, reservoir and distribution system were extended on the east end, east of the � I pumping plant, the total gallons of water pumped for both ends of the island during the first six months amounted to 36,450,000 gallons, some of the water being wasted in testing out the new reservoir. The largest customers on this end of the island # ! are the Nonbright residence, the Fishers Island Club golf i course , and the Fishers Island Club House, the latter being i . the only one metered at present. :All of the water consumed by < DAY & ZIMMERMANN, INC., ENGINSFR5 / AM— I Bseaisrzsonvw_a PAGE 16 P. O. NO2432vc i ! 11 these customers should be metered and, as already previously 4I stated, meters should be installed as soon as possible . `i f, FUTURE As previously discussed under "Description of Territory", the present plans for the ultimate development of the island, provide for a total of 500 houses on the east end and 225 houses on the west end or a total of 725. In tiew of the uncertainty relative to the actual number of houses # Which will be constructed and the time which will be required e' to fully develop the island we have assumed for the purpose of our estimate of the total water supply business on the island, 225 houses on the west end and 400 houses on the east end, orr a total of 625 houses, On this basis, the number of meters which will be on the lines is estimated to be 260 on the west end and 450 on the east end. The excess of meters over the number of houses it to be served is to provide for auxiliary buildings, such an !! garages, boat houses, servants quarters, etc, Under the present plans for the ultimate development of the island the system of mains on the west end will be extended to reach some of the additional houses to be built on this end of the island, although some of the proposed r will be on existing mains. There will also be neoesss additional meters and services to take care of all the houses. a DAY & ZIMMERMANN, INC.. ENGIN"HS PAGE 77 P4" sns is gsonim.0 q f P. O. Na432-0 )f: Under the present plans for the ultimate develop- �i l ment of the east end of the island, a complete system of l� water distribution mains for 500 houses and meters and services for the assumed number of 400 houses will be in- stalled . The management is considering the construction of a complete rapideand filtration plant to be installed ad- jacent to the present pumping plant, which will probably cost about X75, 000. We have not considered such an in- stallation in our estimates of future investment or of future , operating costs. 71 I ,s DAY a ZIMMERMANN, INC.. ENGINEERS n 1 i i lif/ rr �r/�fr rF ✓ �y '�� fs� � rS ✓a � ri y yra�-����a �� C �(S ,, n �� rvt✓�/ s��r�F ',./fJ���v�inr)IJ, t r r ! r ry s ./r�� � ray r �ly< ,✓G� �/ � p''1r�� � ✓ri ;h 71 "f vols/✓ e?r5't: r7 / ✓ r a it ✓ ✓ ,ai„ i � s � j4� ✓J �r 4�'�fii ��� '1 i i °��. �b�lwfY F`4 �✓v� r i y ,� x t Mr s} � "�l i rhK n r 'P�1/'e" �re"n 5✓r n > 7 f t 5 p r � s,, ��l✓d t m y`���4✓d � ��r �ci��� rlt� i ✓? r � �/Z yyv ar�/bra � e� ,G j r1�'ti�%rr>r+:/a r,ry% �L�r�� '�r� �AT✓� x l r ➢i rl ���n 5 s���64� ✓l/✓a��� �/���w��� l ✓' r 2 v Se rJ� � ✓✓ '� ' �. ,v's'S�"q F a rny�sns y�:y"�av � t,/i L"a c� I � ✓ r f ra ✓',,n" ,F�{r �T/Syl� �,.it� tri/'` >r �' ( 1�. i�rr 3f;,;rcc�✓ +�'%'�,� { u�Jrjlr /srrG t� r I + r .✓4 t 1 i A n "�. .',>rf S`�kiy��fU`� '�F rr rsr 2'�1alfP'���ei.��� nr s�� nr v� ren i ✓ r ri- rr sr✓ Jc r�df°yrrN im � ss"'�r'"5✓,✓-------'. t � �" r ✓d ?fi r �5r dnJ�� ?F f' %1 � s' � r'.sr P'..,, ✓ry/ r �� r' ..?/ r a'�4�'�` 3�✓�lyd.2 r fiv i:l 'er Y t ` �� � ✓>r"�43 r/Ys �M >'i'. .;,,-'S"ip v.�.;� fn'43"y,"s�.-r,�l�r<(� � J -'�{u�'� . tXf L / 5 +r/ i�}1s ryar � � ✓ n �lrf yr�j��v�5h y„p�i ph tT �""� spa r'� i +ar ' a ny /'( eS yr✓a s F� ."�n/ls" 'S 3v,lzy��vv ryG �� iv �F �r?�wtv.rr w I a ✓ x✓ 3A? ���rr'r�s rl� r x `'n.T'' >� nd t' / ry .t � �rs�- i A � I / ri �� q ss�r" l"�~t r v�nn .�r �J�r dM�'r�'�5�� yd;(T[✓���� r����s"j ��. n, � y r rr, ,r;�, :rr.✓i' :,Y r�+. ;yi i''�r c�� �"��"r�''vr� ��J"u.� '� � ,§�.✓r � F � � r: +r ✓ �i vA9 t: r r�3�� Is/ ur shP r`t n} >cyhvi �. sru 5ll�"d � C7�.(z J; t3 r Y (. � � �/ n ��..y F✓ i �„,�t 7 i n��J�� �'•//ry� ✓ U��%rl+1a?�r�4�fz'JYr' � f Yr:�� '`I'�j'� HS'i6K� , y e y r//' �r.�r/ Y1 1'f')�' tt�5{ `d�{ '>>` r'9G ✓ f n^.� IP 01 t v r p cq + mo i L vvr r 3(�/ iu /� ✓ n ',S i m' Y r 1 ra ?'rr r' '� � rr ��d�✓ti k wh � �� ��r�� r'q � N� � � �� �� t � rrz r � ✓ r 'x'r i �➢bv !""� y �E?I�`y�r �`F *(x�"✓�✓��s 1 i � y � ,�,.J ^ 4 8/ tr✓ L✓ i �r% � sn `p`l$9 �nE�'+a�^ti i^ (� ti'S,y�� M �L ;(�y�; t 5 � r 1 ! it {i Fi / /Ils^0. y//h✓f t*�" f F�B�!�y��f ��� d �y S !v i Pr: ( � rev' $ "`'j h!✓ rs�,�' �'�'sYG � .�ii r�f�� ' a+� � n '. i �x> ;sr i r` u r ✓': ✓r a t ✓ J�,('!S c,}J(,}"�✓Gnr4i r"a���� f Rb�v 5 y� ,r�wAh[ �.� � +t s ' f ✓ � zr Jr a vn ) ,,fr^ f/ r.��?d �Y v� //'U � ���Lr y s t ? sti " i /'sf' °fir w ''" r' '} i,rk `�y'r i"^�t� ���`'�l,.f �s+�i�iu,y.-��F✓�'r�i ✓kJ�9' r // .( { f Y Y �'� ra✓° 1 twS r �r4 3 �di�1rn� � �� ' � tlr: ru r s syr u � t � ✓' � f r r Ji � �a¢y?mss a�j tiFir;Yn,,;(�r � rC r � 6s s %' � f.vr p ..,d s, j "/,:;'I sss:✓c,� � `E';.v L&�,✓'(Jn i t '✓ �( f ✓ r a ✓ r r r LJ^i,,3 ri rr r✓ e'/f F1' r^"fi�a } '"Y S de v �!„ �� t a� Y rn(r ✓r�lif ��^s u�� - /'��������rw� �r�,rsr�k s'����i�✓����rfi � �� � � �q. � � 'rJ� ,� ~d; r / ,, e,yt'1 'Y4.yFs �� t�s� }W,,.' 'fir�� ,�` �`� r .' r ✓mYfPs w .3�/y :.?r<Y �� ✓ d' 7 l� ° i n k f����?ti �?N �?y/,.; y(r ✓d�4 i'`'r�r�Ysr!'zr�v/''{�'�',*f.,+� � .n�Y�`"7 k.4fi ah'�P �,�'� ', nb r " N ��,: i,i fl q } s ✓ s, �",.✓ a ,��'"ate= n rs.�,�- �wk ,-1s .r�, n,'�'��� �'�, �� f s ra, vr, ro'r r ;" a l r lr'�`"�s n;ti" rxI!m r�'fi}' ,#�+�.+'A �. i+� � �� / ��h�w"x"3 (,✓�(fvr�• `t ,;, y�at f �r» l� f✓ ,r'L�M,F,r� ,.j�s �����e+3 � 1' S � :. ✓ `� J ,i° r/d3y,J Fr{� rsir ��� i�'if�.�z, s�f f( r ',��� rr;.,.�"'i�� �i2_, , s 'n4r�;��a�n r"�� is '� � t%: t � P. 2 1 �i✓:-,r' SY �,y�; f ��i �khfi�r�k r✓`�� >��n,y r�� �4 f ��', �^rir�r"� :/'� � �� . /": i ✓ v v �'e � dsJ"/Yf �f 0�vv ('�j�.r�yr rk1�4/r mss' � � r�i�� s 7mtv�.��j3rrd v�v W"rrl-�,�� r e i�» M1(+�'r'��'' r� " � r/ r v r n��'r ry r yr i'.�,r> i'�ilr(�, �§Yf�r.✓ � 4�X�l u. � Ns t.'� `rv.44 �� 1 Q s(".,/� YorF� n � ? r 1 �;.a �" n°r^✓ /s�,aa �,�j /s�k�� ,e��'� d ,�^ij��<hr�`"��'x �„✓ ?a si e �.. f ( �'� r a � r y P '4d7�y G� F� �u��i`�j,�`��Y �.�,/��+✓h(rf ,�� ��s �r� �"k"r"f E+'t �hp"n rY.+ir'Y,c�e�,v .� � 4i �; 'sz� � q Ar06 i. �' �r�q✓rrFr i�'r,��L�P�nfT��`}s l it J?yv i9✓"�� m� r��>N?�`.G='y��..rt'�{, '�('p��d3z k i Rri K i : t ^�y'�y I'�SwFsut�f�".�,�-r!�r�i �shl ✓ -sL�IF,Fv/%���/��'.�fi '^ ��,°��%/ 4�r�(sr'`n r � v rt �/ vi ,ks,s,r �iixrr`«�,'✓ e��'a�.v7�i.r� ^ � i � �`�'ss� - i '' 7 e � v'� a G rT'�r y k +u s ;- ,s t ✓ / 1' � t , i n r 3 ?f F n U.;"a'n� '�'v^�' l �b W.'✓¢m! J "� 3f�r' i , rl 8 2 'r 1410 ROOAI 10--20 O PAGE II P. O. NO. 2432-C -�_, i.. r f. i INV STTv[gP�T f' PRESENT INVLSTTIIFNT �ll The investment in water supply property on the 1 island, as of July 1, 1926, as reflected by the estimated cost of reproduction of such property which was in existence on or about that date, exclusive of any value for the ponds, is shown I by the following tabulation: - Reproduction Cost New _Reproduction Cost NOW Less Accrued AepredQatiopn- West East Tom^ West Tast End End Total End End Total 1, Property owned by Fishers Island Farms, [' Inc. on the West and East Ends of the island, including working �± , capital $94,293 217 94610 $ 80,329 $ 2o6 $ 80635 2, Property on east end of ? island purchased by ; Fishers Island Cobpora- tion on April 24,192 , not including the ponds used as a source of the water supply - 50,933 50,933 - 44,933 44o933 Ir 3. Property on east end of Is island constructed by Fishers Island Corporation from April 24, 1925 to July 1, 1926 142,827 149,827 149,827 149,827 � Total $94,293 $200,977 $295,270 $80,329 $ 194,966 $275,295 aoaaaaananeaasaocamaaaaaaaaaaaamaaq amaomaasamnmmmmmm DAY & ZIMMER MANN. INC.. ENGINEERS ens,s n.soe io.xo PAGE 79 c; P. O. NO.2432-C > 's ft I f(i Item 1 represents the totals of our reproduction estimates for all the water supply property on the island, which was owned by the Fishers Island Farms, Inc. as of June 1, 1926 as set forth in our revort Ivo. 2432- $ Item 2 represents the totals of our reproduction estimates for all the water supply property on the island owned by the fishers Island Corporation, exclusive of the } ponds used as the source of water supply, as of April 24, 1925, on which date such property was purchased from the Fishers Island farms, Inc. Item 3 represents the estimated cost of all the new property added between April 24, 1925 and July 1, 1926 on 4 the east end of the island by the fishers Island Corporation, I not including that portion of the distribution system used �, only for the _`ishere Island Club golf course, which should C .. be the property of the Fishers Island Club. This item does include, however, the cost of a few permanent and temporary services from the designated street or projerty line to the j house including the service to the fishers Island Club House, `' which should be paid for by the customer as has been the practice on the west end in the past, the cost of which, in this instance could not be eliminated from the total, as shown 1 , F by the books of the corporation. a The foregoing tabulation may be further summarized as follows: DAY & ZIMMERMANN. INC.. ENGINEERS ;. fr 80 gene o nso.0 o.xa PAGE � P, O. NO- 2432-0 Reproduction Cost Reproduction New tress Accrued Cost New Depreciation West End $ 94, 293 80, 329 � :East End 200, 977 19'+, 966 Total 295, 270 275, 295 o�po�acac�a �acx=acv=vsaa i:. i f The above totals include all water supply property, Which we have considered to be at present used and useful except the ponds which form the source of the supply and r' such connections between the street or property line and the house, as have been paid for by the customers. FUTURE, INVESTMENT �3 u r; The total investment which will be required in I, water supply 'I• pp y property will include- in addition to the present investment, the cost of certain improvements and extensionsLI to the existing system on both ends of the island, the major portion of which will be on the east end, as described in genera]. under the heading "Description of Property. " Our estimate of the total investment in water supply property on the island as reflected by the estimated cost of reproduction of the property now in existence and the estimated i' "i cost of improvements to be made, is summarized as follower Mal If 11 .DAY & ZIMMERMANN, INC.. ENGINEERS t ,- vn�o n-vonuoaa PAGE 81 P. O. No.2432-0 I i Reproduction Cost New ?eproduction Cost New Less Acorued pspreoiation ,host East Dest r tLet Did Mid Total Lttd End Total 1. Property ownhd by Pichers IslAxLd Farms,Inc. on the Nest and Last ends of the island, in- oluoing working o<spite,l 94,293 217 94,510 80,329 2o6 y 8o,535 :`i 2. :Property on east end of island pur- chased by Tishors ` Island Corporation on April 24,1925 not including the ponds used as a source or the water supply. - 50,933 50,933 - 44.933 44,933 3. Property on east end 'r of island constructed by Plohers Island Cor•- ;poration from April 24,1925 to July 1,1926 - 149,827 149,827 - 14g,827 14%827 4. Additional Property on west end of island including 89 additional � meters, 50 additional services and the nec- essary additional mains 17,725 — 17,725 17,725 — 1711725 5, Additional distribution ; system necessary to serve approximately 500 sites on east and " of island 1451,483 145,483 145,483 1451483 6. 440 additional meters on east end of island 11,000 11,000 - 1111000 11,000 Total �112,018857,46o $469,478 s 98,054 `351,449 $449603 aa:aaaaavmcmaxasaaa-aaa_nsaaaaaxiacamos�osaaamaxi:samaaaas DAY & ZIMMERMANN. [NO.. ENGINEERS �; 001, yy 1, Ip o oaearo mcom mau PAGE 8F P, o. NO. 2+32-0 � Items 1, 2 and 3 shown above have been previously discussed. Item 4 is our estimate of the cost of the necessary additional meters, services and mains to serve the additional customers on the west end of the island, when the whole island is finally developed as now planned. Item 5 is our estimate of the cost of additional water supply distribution system, including mains and services to provide for the ultimate development of the east end of the island as now planned. This estimate is based on an estimate ' of X105, 2880 including no overhead costs to the corporation, made by Solomon &- Norcross, Consulting Engineers of Atlanta, 1#I Georgia. Our total as shown in item 5I includes overhead F>: costs to the corporation, such as engineering expense, interest during construction, preliminary expense, legal expense, cost of financing, etc. plus the cost of the necessary services be- tween the main and the designated curb line. Item 8 is our estimate of the cost of the necessary additional 440 meters to serve the ultimate water supply customers on the east end of the island. The ultimate investment in water supply property IIS i estimated as outlined above may be further summarized as follows : Ilk DAY & ZIMMERMANN. INc.. ENGINEERS r'95A.ion VOM io a. PAGE 83 f' P. o. No. 2432^C �.. .i x Reproduction Cost If i Reproduction New Less Accrued Cost Aew Depreciation Test End 112,018 98,054 East End 357,x+60 351:40-49 Total p 469,478 1� 449, 503 {;. ec�axaaaaaa vvoaxmaaaaasm This total includes all of the water supply property ia . which we estimate will be used and useful for the ultimate E: development of the island, planned as outlined above , the L reproduction cost new of whioh we have used as a basis for return. This estimate does not include except in a few tir instances the cost of the service connection between the designated street or g property line and the house, which is paid � {: for by the customer. It also does not include the cost of the water system for the golf course , where such system is used exclusively for the course, nor does it include any allowance for the value of the ponds used as a source of water supply. `i rr e j, DAY a ZIMMERMANN, INC.. ENGINEERS E z. f i R � f sx ,i. l 1 / /f x l✓ IF l r f �'i,a ^✓ i zuf z�� � sRlli ✓ i✓ ✓ i 'z = z xis z ' fx4 r 1 `yxi -i f x � �y r f '' �� 4 � i F✓ '�� x 1r � r rQk 41 fill2 ✓,f fi 'ygI U Plfn/ ) J,+ 1 VIA ^f ✓.y ci fi!q of r �,f S h✓f 1� x i d r✓x ` ✓ r sz %/�{� ✓� ✓� n ) � r r rr G z fz t r ,. .. - .. % r°' _r a � l(x r �:-n'`' Y th r✓c`r �i.,'.�i '^ �, � Y 1 I N z ✓x y 1 z �,, 4f Fi �fx r3,f x} x �,+ � ✓ i :✓ if t �i f I f x�2 "k L k Jxpi /✓�'/� � � � i .� a �;�, 'i ' er�'"`x z uw�lf,^✓H�ar P �k r ✓i .rvx$`�'r Yr'Pnf �Jtrm+'r" nzc �.vv h nIV Ve i ra f t S f<� `' 'Y '` cur' ` �" r i%"N'J r t fn +✓Sf er>f y 'x � ! �'�r'�4 �fi' 1e,� w'J7 w, .. etoz sr / r rpt u fi f � u77n ? ' �✓ v i t _ F f 5 Sv'. (�L''�/�i�#�13z ry�JMS �xA:S�'� 5� y"f'�i�'x 113 � t ;� � t� [� fty hqt� {✓xa/�'rys r�,d '"Ti Ye lyr 6i r��xl � � x7 ^ '`�,C� .�`I +�4��,y^� l fsi i .� le✓f 1zy"x� 5�'(fF�t�pd�� �s..Frl'�"'��✓,������+"o��!�� r " �y.� ��f�i �� �Ty`�i�":; Ohl. ,'�) �.�' f ><�! f l .'1�7-lfa r✓'} ,1+9'N6 7r dr✓ 'yh �`'`"� ��'us j.�% x,2�'n riJ��;;y' 3' w '+x� � � � 1�,!' z x✓ /yixxj �^ rffsL�xxx��Fy��;��rr<5�1%/r7 g�,G`ri�.�,����Y �G � o„F�l� tiri�u�� �t r f< 3 r ;;. ..,:�`” x y � ��".ry w`'z favF�" _G }et �� i� �i� '�,�'Kh,f r,�"IgFw:p'✓'r¢ z/s r u f t�{,"�'�'�$„�',�#�n� 3;3�'. $,r✓� Imryz h�x4y,.)?+s°�`c"1:� N✓�a11a� �' �" >����r42.i'j n� � "n i'! < �� Ylr 'v�� -sz eF+�� -:��#g,�;23s�iR�"�'�'"-.a�c�i��Jl✓r"�.do�,/Y `E"+al��?i �'/�'r•``iySery� 7�jo�' �;� i,.�� ewe r .�z � ir✓ '1�r:3"p T/ zlwf r g ���}��if�x ✓,✓ ti4�zx`'�� �✓ � n f'P'���f��r� '`ar���Er����� � f� I h i ti `z r � ¢„atii7x""�z t✓� v���✓�i�'/k�erfi�1�v�'�' ���;ri�'x7'� 'Y�a;F�,�,gF�%�sf'���'J ;a`%M z�n�C', J �e 'r�� ��::a.'t,. S;`' `a l�Ya2��rw �.t7ys4r r��r"nu����.,"Rx xr �a'•.e�sv ".0 + ` i� � .�j�. . ffi / sz YMY�sy,��'?s� "✓c"f �.�:'ax�.f��'ik�96ama�ry'ru'�:aAf�.��ez�-z���c�,�,gr��{�,,�� ����`J �f'�` ta �� ��� r ' i by n'>I<,��' n �r �f''�jhYa �f s"'"�'`r>in1*/s r" '��-'�">f 4""✓ '�i� �r5''��u, Dt ✓ / Wi'✓ ,� !Sk a vi�e F sn F�'"r z ���'��,xdaf i'�+�'`�,,�, r �r���� f�,'k Nr K`R i az t,y cy' e� F.r Llr•i �ff�rv%'°rctd YPL- QY + i '�''� z s 1. . x erl - � ,. ,.0 i a� 1Sfc i f'1x3�Fr'vT/y''gY�J � f✓�X„fi ��3 x+y�,PdfJ���� rhu .'�ix' �r �;y � i, I �,vf r 5 i7 Yvi eetelfxP f x rdil�/✓ ✓f�Sf�^`� t�✓� F"'�/ielk J 5 k�/?�f Tf�I� � f �f4� > ��a�"f�rrs5�yz z r'" � ✓f e� '. h*�wjrih������'�`,�`=��s �n�.n yN���y�� xd�� �ixr"� a did P ' i !4 '�It x � :.x�� r �i e ,."" C 4'{s�s�,J s✓xrf ":`>er $F / ✓:r'w �("�,�e i��,;t as� ��u�` �"��1 ro 1 "'. li �r 3< k ,ry, �,d� f �'"' ketl�i x ,$. ti�$•�� l�y s �'£��✓✓ 9"�2 �aPd�&�+;F ,.:a. s ''Y/Jr� '{ , Wj e �,.4%r„� „,r�7a is�� r � � y`x�'a`,7G ����'✓cy", ,�' eg�"'a"" ��3,�"r N'�aYv",�tt€Ir �#r5'yu�r"1 � Ix {�f tg �r Iry � s � x✓� fi�fi' 1% b � te.+ v:f "�,5�,vf f �eS3�i�,n k/�¢' ae=a�,'z f krr 9 >'�' � e �✓>'� �� wv Y ':;A) y - .*�. Nz% i ✓�-#�w f.:�irr �".*s�N ✓ %, '�/-r�k✓� %3� r �ar� ' q� '..�3 f,,'�i<� p t%✓^+e,i . fh r f���z.�".✓f:,;y �e��:; ��'�,yk �;.�re��kz,.��G f,�„�s� x`�.z t�-k,.�ir�1�7��'��P����G�z��'� w � �.' 7/�� ti'~"'��rf�i 2.,�z,� ,i � °k�''�.�;;a�a'���r���',�� �`�r��*��y'�,�.A��'r�fi�y��i**,�,�q��*�'��r���'�C/'� �4�.✓��? g'��,%� s o.. � �#a" " � ,���. t 8' �f q � J{t'y'ry'Y t^rae�'{ ii ft��✓,,�r���r"7"„"�/�iU�f 5��`itz�'r tY 5'` x r ,l �''' ,i r � n'v 5�a rf9�""f yx%�'��� �" ✓�J�x9e�sf�' 'i�?e,n'��' '(rfc�„wl����' ' { r :'.� ,� f r s rl �f�"" i� (ei� ✓r`�� 1»f E✓ z✓fr i?�>�r f`�1`�r�„d+'1�:�"s-�E� .,n, F N�"' MI an � r L i ✓ � I d � �� `���a"o� � �� �����f �*�rs��r,"y�%�'`Y'i 8 � y/�,"4' 9i �,ri e 1�s'1�fox J frf'�//'y���rae�y.^,�1� v'' rx�a' ,9 ✓ �,r �����KNr i .. � } mi 4 f�J�^-s�� .ra > r�.p'k�'a#�' ��' •J .✓. r ,1 t� ! "' f ms°)'r�v .,; f n �' aY t ✓ 1" it ``,�`j�f""i i✓}Sz ,/re � .� �1';r v''�,�F (r ".,? ���a2" � �dN� �y,yea,a nvoni idea PAGE 914 P. O. NO. 21432-0 /t l.' aT PRESENT RATES AND EARNINGS AND EXPENSES PRESENT RATES The present water supply rates on Fishers Island, New York, have been in effect since January 1, 1926 and are as follows: WATER RATES, SERVICE CONNECTION CHARGES AND METER INSTALLATION CHARGES r+ �i Meter Ratesi All water will be sold by meter according to the following schedule of rates, � 1. Minimum charge of $2.00 per month, which = � includes the use of 1400 cubic feet of water per month; ' l; 2. Over 1400 cubic feet and up to 3,000 cubic feet per month at the rate of 40 cents per 100 cubic feet; 3. All over 3,000 cubic feet per month at rate of 30 cents per 100 cubic feet. In the above schedule of rates the minimum y' charge applies whether the premises are occupied or not, •• and will be billed monthly except in the cases of houses occupied during the summer months only, when one-half of the $214.00 minimum annual charge will be due on July 1 j and the remainder on August It Water used in excess of .; the 1400 cubic feet during any month will be billed on the first of the following month. r; The owner of each premise served shall be re-sponsible to the company for all water charges. However, r bills will be rendered to the consumer if desired, but liability stili rests with the owner for any charges the coraparny may, for any reason, be unable to collect. w � '� , DAY & ZIMMERMAN N. INC., Enoieeeas see i.ms'om iozo PAGE 85 P. o. No. 2432-C 1r; Service Connections Service oonnections to the mains of the company will be made upon written application according to the following schedule 'of costs: .31z a 'ot :Tap, , . . . . . . . . . Cost 1 in. $40.00 11 in. 60.00 f in. 65.00 2 in. 80.00 { 3 and 4 in. Cost on application f �i These charges include the cost of all material and labor in excavating the main, making the tap or taps, bring- ing the pipe to the property or street line and placing a valve and water box at this point. These connections will be made only by employees of the company. The pipe from the I street line to any point within the premises must be furnished and installed by the owner. f Meter Installation Charges, Etc. Upon written application a water meter will be installed by this company at the following cost to the con- sumer: ;3q ize of Meter Coat 5/8 in. $18.00 3/4 in. 23.00 1 in. 33.00 li 3n. 3.00 1 in. 55.00 _ Meters will be located in basements and cellars when possible, and the applicant will provide a suitable space in the piping near the shut-off for its installation. In any event, the consumer shall provide a place that affords protec- tion from freezing when the premises are occupied during the winter months. Also the consumer is responsible for the meter and any expense for repairs other than that caused by ordinary wear and depreciation will be a charge upon the premises. No taps shall be made on the service pipe before it reaches the meter. Leaks occuring in the service pipe between , . the compa.ny' s main and the house shall be repaired by the owner s as soon as possible, and in the case that repairs are not made within a reasonable length of time the supply will be turned off at the main* r r DAY & ZIMMERMANN, INC.. ENGINEERS n . 7711 Pae No. 86-a P. No . 2432-C a ANNUAL WATER SCHEDULE For each house or tenement with fixtures inside, occupied by one family of not more than five $6.00 persons, including boarders and domestics. . . . . . . . .. For each additional per son. . . . . . . ... .. . . . .s . .. . . . 1.00 For house or tenement having more than three ( 3) Sinks and Wash "Trays au;,extra amount wi^11 be charged PRIVATE DWELLINGS 1 Bath Tub $�`.00 2 Bath -Tube tS.00 3 Bath Tubs 10.00 Each additional Bath Tub 2.00 1 Water Closet 1-.00 2 Water Closets .00 3 water Closets 10.00 Each additional Water Closet 2.00 Urinals, same as Water Closets } 1 Lavatory 00 2 Lavatories 0 3 Lavatories 0 j� Each additional Lavatory 1.50 Meter rate, per 1,00'0 Gallons . 30. w ' Rates for horses hnd cows, for hose 'for use in sprinkling lawns and" gardens and for washing wagons, etc. , will by quoted on application. fI VP �dsns+o nooM+ass PAGE 86 P. O. NO. 2432-0 It isnunderstood that the title to all material used or required in making service connections or ulnar installations does not pass to the owner of the premises served, but it remains with the company. The company reserves the right to shut off the supply of water without notice, for any repairs or extensions, or for any other necessary purpose, and no claims will accrue for any damages resulting therefrom. The company also reserves the right to alter or amend these rates, charges and regula- tions at its discretion. The present rates for water as shown above, are in { s effect practically all over the entire island, with the ex- ception of a few customers who have small consumptions, and no meters and still on the flat rate charged to customers ' � r iG before the present meters were installed. This flat rate is shown on the opposite page. ` NI_ In the present schedule of rates, as shown above, a the minimum charge applies whether the premises- are occupied or not and as stated in the rate schedules, is billed monthly 1 except in the cases of houses occupied during the summer months , only, when one-half of the $24.00 minimum annual charge is due on July 1 and the remainder on August 1. As a matter of fact it is the present practice in most Instances to bill one-fourth of the annual minimum charge to summer customers at the beginning of each month during the season, although in some oases, the minimum charge 1s billedi% : to summers customers as stated in the schedule. r DAY & ZIMMERMANN. Inc., ENGINEERS a !d _. PAGE "! . g91.Ii00M 1020 � 1 P, o. No. 2432-0 The rate charged for water used by Fort H, G. Wright , included in the speoial contract, previously discussed, is the same as block #3 shown in the rate schedule above. Based on our estimates of earnings, using the exist- ing meter rates, the average total rates received per 100 cu, ft. for the various classes of customers, now and ultimate- ly to be served are as follows: 'I Average Revenue per 100 Cu,Ft, General All Year Customers Present Ultimate Class 'A $0.94 $0.88 Class B 0.47 0, 36 Class 0 0. 35 0. 36 Total General All- Year Custorrers 0,58 0,51 General Seasonal Customers Class A 1.82 2,09 Class B 0.74 1.03 Class C 0.42 0,42 Total General Seasonal Customers 0.65 0.59 Special Customers Mansion House & Golf 0072 0M Cour se. Mansion House (hdditonal ) 0.47 o.47 Mononotto Inn & Cottages 0.30 0.30 Fishers Island Club House 0.32 0.32 Fort H. G. Wright 0.30 0.30 Fishers Island Golf Course0,30 0 . 30 Bonbright residence o. 3,7 0.37 TotalAll Customers 0. 38 0.46 DAY & ZIMMERMANN, INC.. ENGINEERS P. 0. No. 2432-C Page No . 88a FISHERS ISLAND, NEW YORK WATER SUPPLY PROPERTY it ESTIMATED PRESENTANNUAL EARNINGS AND EXPENSES ON BASIS 01' PRESEPIT RATES West East End End Total Gross Revenue Genera Year Consumers $4o140 $ 776 $ 3,916' it Seasonal Consumers 0255 700 �},g Mansion House & Golf Course 462 462 . Mansion House 1x'+7578 10578 Mononotto Inn & Cottages 3 473 F. I._ Club House . 713 7133 Fort H. G. Wright 11047b 11,476 Goll' Course East End 2, 342 2,342 Bonbright Residence _ 52 52 Total Water Sales 21,384 49583 25, 967 Service Connections 160 40 200 Total Gross Revenue 21,544 L-,623 26 167 OperatinngEx�enBe imp, i-ng�a e2 714 labor att2umping Plant 1, 40 Supplies •& Expense 5p Operation Expense 250 Maintenance tt 800 General Expenses-Taxes " 't Office-General 547 ,t it It Supt, 1,135 tv V1 N.X. Office 31250 " " Office Rental 120 Total Operating Expense 11,526 Maintenance 800 Operating• Expenses less ° Maintenance 10 26 Balance for Maintenance, De- preciation & Fixed Charges 15,441 • Ai.T+ID.1RRRiII Estimated Investment 295, 270 Maintenance, Deprecition ° & Fixed Charges, {10of Estimated Investment ) 291527 I ti Iens io -o-om foes PAGE 88 P. o. No. 2432-0 C is EARNINGS AND EXC'ENSDS ON BASIS OF PRESENT VOLUME OF BUSINESS t r Opposite this page is a statement showing the estimated earnings and expenses from water supply operations on the island ,\ I reflecting the present volume of business based on present rates. The water supply operations have heretofore been carried ,I. on by Fishers Island Farms, Inc. in connection with its other activities on the island and consequently the records do not con- tain separate and complete statements of earnings and expenses for these operations and it was, therefore, necessary not only to make G' certain allocations of the various total expenses, but also to in- olude allowances for additional expenses to the water supply opera- tions, heretofore neglected. Our estimate of present earnings from general all year and seasonal consumers using the present meter rates, Is made on � 1 the basis of their consumption of water, since meters were installed. I A number of meters for all year consumers were installed last year, n but in most oases they were installed the first of the year and A ? have therefore estimated the present yearly consumption on the basis of the actual consumption for 7 months of this year, , `I In the case of seasonal consumers, a few meters were in- I stalled last season, but the great majority were installed this ' year* so that we have estimated the total annual consumption for ` this class of consumer mostly on the basis of their consumption ^ during June and July of this year. a r , DAY & ZIMMERMANN, INC., ENGINEERS I PAGE 89 L 9.61011 60M 1020 P, O. NO. 2432^0 Both the all year and seasonal consumers were not only divided between the east and west ends of the island , but were also subdivided according to the three blooks of the present rate schedule, roughly based on their monthly consumption of water. In this way we were able to allocate the amount of water consumed by each subdivided class of consumer and the revenue received. The water consumed and the annual revenue to be received from such customers as Fort H. G. Wright, the Mansion House, Hay Harbor Golf Course, mononotto Inn and Cottages and the Fishers Island Club House are based on the actual water consumed during the 7 months of 1926 if an all year consumer and during June and July of this year, if a seasonal customer. Such large consumers as the Fishers Island Club Golf Course and the Bonbright Residence, both located on the east and of the island have no meters, because of the fact that after their installation the water pressure in the building would be less than that required by the underwriters for fire insurance protection, unless such meters were installed on a by-pass. In these two cases, we have roughly estimated their possible consumption and the possible revenue to be received. A few of, the general all year and seasonal oustomers such as the West End Barn, Union Chapel Church, Blacksmith Shop, Carpenter Shop, etc. have no meters. These customers are small consumers of water and the water used annually by them, was estimated. DAY & ZIMMERMANN, INC.. ENGINEERS PAGE 9M BA010 P'OOM 1020 1' P,-O. NO. 2432 0 our estimate of present operating expenses includes i not only the actual operating expenses incurred during the past year after making certain adjustments and eliminating expenses not chargeable to operation, but also certain additional ex- penses, which in the past have not been included in operating !' r; expenses such as a pro-rated share of general officers, salaries, New York Office expenses and local office rental. q No allowance has been included in operating expenses either for the rental of the ponds used as a source of water supply or for the purchase of the necessary water pumped from the ponds, The expense of pumping the water from the ponds is on the basis of the present rates charged for electric power. The balance available for maintenance, depreciation and Mixed charges as shown by the statement; compared with a 10 percent return on the investment is as 'follows:. Total Balance available for Maintenance Depreciation. and Fixed Charges $ 15,441 10% Return on Investment 29, 527 In making the comparison consideration must be given -to the fact that the present total business on the east end of island is small and the investment on a per customer basis very large. r. ,I. DAY & ZIMMERMANN. INC., ENGINEERS Page 91A P.O. 2432-c FISHERS ISLAND NEW YORK ESTIMATED FUTURE ANNUAL EARNINGS AND EXPENSES ON PA315 0111 M.E80T RATES Gross Revenue West End East End Total era� Year Consumers $"�"5-plou 01 Seasonal it 6,12 25. 53 31.785 Mansion House & Golf Course 492 462 Mansion House 1,578 1,5578 Mononotto Inn & Cottages 473 �+7 F. I. Club House 713 71 _ Fort H. G. Wright 11,476 11,47 Golf Course East End 2,342 2,342 Honbright Residence 52 52 Total Water Sales 230281 30,301 53, 582 Service Connections 300 200 500 Total Gross Revenue $ 23, 581 $ 30,501 $54,082 *Operating Ex ense Fumpi.ng water 4o552 Labor at Pumping Plant 2,100 Supplies and Expense 766 Operating Expense 775 Maintenance' 4,65 General Expenses-Taxes 1,0 2 Office-General 802 n " r' Supt. 29100 N.Y.' Office 39250 Office Rental 120 Total Operating Expense 209242 Waintenanae 40b95 Operating Expenses less Maintenance $ 15647 Balance for Maintenance, Depreciation & Fixed Charges $ 38x535 Estimated Investment $469,478 Maintenance, Depreciation & Fixed Charges (100 of Estimated Investment ) 46,948 'FNot including filtration plant, which may be built in 1927 i I PAGE 91 SAS IB II fi 0A1 10-20 1:i. P. O. NO. 2432 o EARNINGS AND EXPENSES ON BASIS OF FUTURE VOLUME OF BUSINESS A statement showing the estimated earnings and expenses from water supply operations on the island reflecting the estimateld future volume of business based on present rates , is shown opposite this page. The assumed number of houses and water meters used as p a basis for future business is shown by the following tabulation, which also gives a comparison of present conditions . Assumed for Purposes of ;t Present Estimate E: West n as n o a ro-oT End Basto a Houses 175 25 200 225 40o 625 Water Meters 210 21 231 260 450 710 The future number of houses assumed for purposes of our estimate is on the basis of the complete development of the west end and about 80 per cent of the proposed ultimate develop- ! Ij went of the east end of the island. , Our estimate of future earnings from general all year Li and seasonal consumers, using the present meter rates, is made on the basis of certain increases in the number of customers in each subdivided class of oustomer, grouped according to its position in the present rate schedule. The present consumption per customer was applied to the increased number of customers and the present �s tA, rates used in arriving at the gross. revenue. h DAY & ZIMMERMANN. INC.. ENGINEERS axe so mm�m naso PAGE 92 � r P. O. NO. 2432-0 The future consumption of such large consumers as Tort H. G. Wright, Mononotto Inn, Mansion House, Fishers Island Club house, Fishers Island Club Golf Course, etc. is estimated to be the same as the present consumption of such consumers. Our estimate of expenses Is based on present labor costs, and present unit costs of pumping, etc, but reflects the 4i increased requirements in organization, supplies and other facilities to take care of a larger volume of business. A comparison of the balance available for maintenance, depreciation and fixed charges with the desired return of 10 per cent on the investment , necessary for the complete development of the island is given in the following tabulations Total Balance available for Maintenance, Depreciation and Fixed Charges $ 38035 10% Return on Investment 460948 Ij As may be seen from our analysis the present rates do not give an adequate return on either the present or future investment j I in facilities on the island and because of this condition we have made further estimates of earnings and expenses hereinafter shown, based on suggested increased rates, present operating costs and on both the present and future volume of business. DAY & ZIMMERMANN. INC.. ENGINEERS "r �. � r i sr rll/ /� w / ��rN���AIry'U del�1 ✓ s d ' c r a f�i� rn����n3Sz'vu�`i✓A/ '�.'+� ��r���rr G R 4 � ' s t , s r �/ r ✓ i rr xl i �r fk' ''rt/;(i`�rx n Y'�j` / hv/s s r +' r r ' s r ✓ ' r Sr��'s7 r-�/{/rl�'nS+l +l�ti'S,t �L6" 'q � ' t �: � r r .tx t+nC lu ! r' ( alt �A ✓a rrr sJ yr (1 3 «s3'S( 1rf} ,��n%t riaa �; M ft �, ;.` 3 J"r d'3✓"` � 7�`J n Nrt �r�7�yr3�vu iL+'sfdd�'��lryr�%n�� /t,��p�r��j���`�v�'�"i ' �' � 3, It h r � ' /i As l'�T i '"�t rt�r rl✓/q I lS� !y`m�r��{i s»gym 3��f=-} �fr?1.�1��.',!//''� �A 9 fl/)S r i / Ri r r r ✓ )x�, C� � r L t/ c{) tYs�l�C��r,.r ���yg E�� � i��„1/ x�r / - ° r, x r . ✓ ars r /Gr >" '>G m� lrr, �}„nYY kvq$�� s'%/ atYf�!nr' � K, {'�/r ;W 3 r v t C' y yu r/p/1/ s A ka; 5 H�/.-,-Tyi�'?F4� y"'�y'1z'`'�� Jr•�� r*}'1,-0���'"r��/ 1 ) r'i /'> gg Sin'.."•`' n.' }J /p`I A /ll jj 6, a r - v r> h / i q Ar I � C rz "E ✓ r?r r�L�t�d��q�9 j�g f.l n>* d/sxc i r / y i v { a �%'t - � xIS' s l�tt+nr,,'~ ,✓P��, �4Y''IA°3{� N �,n; t' a � rsuti /?1 �fi ""f+rrt � i ni r, �f�r ruy/wa li9s rl�'il�'yul/ syrsi �t � 5,'o�fl`ffs hr 2 -: i t c f C � ( k-,-1 r'� N t„r;`�X?rylh l "✓ t % /� z c''s/^ A t<Y tf`y�'t`�$1t} r 0 + �C✓ ¢/u � rt �! /f✓' lA�� ar i /ji n( � Pµ a N fir/t �/�/Y��2'��/ xf� tb r �,.� f�a �� „-.+ r s e / � l //l y r N„ / ,l J ✓," J�z> p/fru / r f' rY �,�6�¢� r � r r�� n.�rot.ii / r' r;:i r i f. �rx4 r IyrO its / r�r r y /f /✓(rte,/3?y�rrrc �YU��;";-"��i�2.v' �1,�' . JfT�','(��'7(e'�"sm. � �. Makr t / i (< a s r r / � ��`,t; ,/, 3(�//5cs �va //s ftvh r lr��S'pf�"Mr 4k��,1 Ar/a � r `� 7�) -✓"i"`�/� F a 1v / d r it S / ixr x f rn, f rd t '� r S`,P"`k�ek'kY"s"Ji�� by ��✓r �(S'rJ�N"'' t`'^.p�� ��j�'� �� ,K �..�� ) l r , l/ 7 - i r ^a� �k?iJ{�" rt' ��1� r� ��':w ��s ✓t $r�.-rsi�y�A�i�&3 ��� �r �r= 1444 t i '.r > /, / sHJ b�}lrg l ✓a yhi ft ''r,`�'t�'fi�'`IF' ",�,�" r ��.� i r A �s rr y��r .' rl .r /(f;,1;.�"ey�r� f ,��,y.x�X3z{�,�+��.�•'n` "-�5���'yr+�fi�/✓.k�, �� ��� �I " _ r ^( � ,� / s>I r r ✓ sn �i'r"' /seF, r � 3riy'+r ��,'�,'✓'�"� Ts� e1 C� Yrs, ry tl k y�r 0/ � r "tr'�� t r'� ur r v tl r �s F'F"�ti//✓� ��✓' �a+� ��2" ��� dh�� J yr„ 1 b."f`t�ti s,� 4i'�1 �l �7f ` 1 � ` na fAs� '�/.� 'ih '/3 vRr�'�u�Nm H��s � � r�� ✓'r f cA SrTrSn - tr1'�l /�i/ /v t ;.� y tsq 7y�yyp:zl(,/R,rt'✓��y$ t� C � y /r r ✓t�"`/y AttrL rf�4��"�'' sr. .=r 4f� / �'?�,` - ! ' I rt r //y3 1$'�CYffGymr��k 5y'.. 1d m mco n,io sn PAGE 913' aaa kn' P. O. NO. 2432—C gk{J qtr fr5yy r FUTURE RATES AND EARNINGS AND EXPENSES r� ✓'tip �'� r�,, ; � �F)"' SUGGESTED RATES� y The charges made at present on Fishers Island for d connecting services and for installing water meters, seem 410, to be adequate. However, we believe the meter rates in effect � at present are too low and suggest the following rate schedule ; for such service to be put in effect as soon as feasible, when t considering ease of operation, etc: "t laTIR RATES A fixed service charge payable quarterly in advance, will be made to each consumer for each meter, bqsed %r upon the size of meter used, as follows: g Service Chares �r in. meter . $5. 00 per quarter rr 3/4 in. meter . . . . . 7.50 n � r 1 in. meter . . . . . . . 12.50 n n �d li in. meter . . . . . . . 27.50 n n 2 in. meter . . . . . .50.00 rt n *Tq' 6 in. meter . . . 456. 25 n n �ll The service charges shown above will be billed to e the owner of the property either quarterly in advance, as stated above, or on the first day of each of the months of June, July, August and September. ,x. In addition t o t he above f ixed cha rg a s, wat or actually f consumed will be charged to the consumer at the following 1 rates: g, . Consumption Charge Used per Month Rate per 100 cu. ft. 1. For the first 1000 cu. ft. 50 cents 2. ° it next 4000 it 0 n J 3. " all over 5000 it 30 n DAY & ZIMMERMANN, INC.. ENGINEERS una m voora ra.cu PAGE 94 P. O. NO. 242-C Bills for the consumption charge and also for the service charge, if desired, will be rendered to the consumer but the owner of each premise served shall be responsible to the company for all water charges. The rates as suggested above not only include in- creased unit rates per 100 tuft. but also changes in the three - stets of the consumption rate. The present minimum charge has bee$ replaced by a servioe'eharge. The suggested rates seem }„ reasonable_when considering the service rendered, the location of the territory, the volume and nature of the business, etc. and it is our Opinion that ,they should be charged not only to r the general consumers on the island but also to such large conaumere as 'Fort HG. Wri4ht , Fishers Island Club Golf Course, (w etc. Based on our estimates of consumption and our suggested meter rates, the average total rates received per 100 cu.ft, for the various classes of customers now and ultimately to be served are as follows; I Average Revenue per 100 Cu.Ft. " `General all Year Customers Present Ultimate Blass 1 0.96 o.94 II 2 Mo 0.5` .I 3 0. 4 0.42 Total General all Year Customers 0.78 0.72 General Seasonal Customers Class 1 1.44 1.46 2 .72 o. 42 0 3 3 Total General Seasonal , y' customers 0.70 0.64 e' ,' DAY & ZIMMERMANN. INC.. ENGINEERS Page Tdo. 95»a P,0, No. 24432-C s F—I;S�H^ERS ISLANDS NEW YORK WATM SUPPLY PROPERTY ESTIMATED PRESINT ANNUAL EARNINGSAND EXPENSES BASISON F SUGTFMW8 West End East End Tota Gross Revenue Generalall all ar Customers $ 4, 307 $ 882 $ 5,18 General Seasonal Customers 41430 496 5,42 Mansion House and Golf Course 95 -^ 49 Mansion House 1, 378 Mononotto Inw and Cottages 15 Fishers Island Club House -- 896 89 Fort H, G. Aright , 13>369 -- t1�, 361 Golf Course, East End -- 4,18G ,18 i Bonbright Residence 90 9 Total Water Sales 25,0 4 6 0 6�4 k Service Connections X20 �5�4-0 3120 1 Total Gross Revenue 25, 254 6,590 31, 84 k Operating Expense 'u r 'pin 202 Labor at Pumping Plant 1974 1 Supplies and Expense 4r5 , Operation Expense 25 Maintenance Expense 8C General Expenses, Taxes 521 General Expenses Office General 54 ' " " Supt. 1,13i n t1 N*Y* Office 3t25 I It Office Rental 12 1 Total Op eratingg Expense lit 5e i Maintenance 0 1 Operating Expense lass Maintenance l0 72 i Balane.a for Maintenance,. Depreciation and Fixed Charges 21 1,114 Estimated Investment 295e27 1 Mainte ante, Depreciation & Fixed Charges (10% of Estimated Investment ) 29 ►52r . • .. bnl atWYa a■ e id encmn-oom PAGE a ,95 P. O. NO. 2432—C t„ i Special Customers Mansion House & Golf Course 0 .78 0. 8 Mansion--House (Additional) 0.41 0.41 Mononotto Inn & Cottages 0.3g 0.3g Fishers Island Club House 0.41 0-. 1 - Fort H.G. Wright O" 0 . 5 Fisher0 Island Golf Course 0.5 0 51 + Bonbright Residence 0 .64 0 .64 Total All Customers 0. 1-6 0.53 - II. EARNINGS AND EXPENSES ON BASIS OF PRESENT VOLUME OF BUSINESS 1 j Opposite this page is a statement showing the w estimdted earnirigs and expenses from water supply operations on the island reflecting the present volume of business and s " based on the suggested rates. In this analysis our 'esti.mate of consumption of water for customers are about the same as used in the statement opposite page 88. The application of the suggested rates, necessitated the separation of the general seasonal and all year consumers into new subdivisions according to the revised blo,ckd in the rate sbhedule, based on �heirmonthly consumption of water.- - The new unit consumption rates and the service charges i were then applied, not only in the case of the general seasonal Y and all year consumers but also in the case of all the large ' consumers of water, such as Fort H.G.Wright,, Mansion Rouse, Mononotto Inn, Fishers Island Club Golf Course, etc.. Our estivatee of operating expenses are the same 5 as shorm in the. statement opposite,, Page 88. �.w DAY & ZIMMERMANN, INC.. ENGINEERS +' N _ Page No . 96-a P.O. No . 2 32-C "RAN SLAND NEW YORK WAT IUPP Y ROPERTY ESTIMATED FUTURE ABRUE EARNINGSAND EXPENSES ON S OF SUGGESTED West End EastEnd Total Gross Revenue e�e of 'call- Year ustoniers $ 5, 099 $ '1;946 $ 7►045 General 'Seasonal DustorAe.rs 70048 260947 339995 Mansion House & Golf 'Course 495 - 4R Mansion House 1, 378 - 1, 37 Mononotto Inn & Cottages, _ 515 _ 6.15 Fishers Island Club FortuH. G. Wright' 13, 369 '$96 1113? Golf Golf Course, East End - 41186 0182 Bonbright Residence - 90 90 Total Water Sales 2811004 34, 065 62,069 " ' Service Connections " 30U 200 00 -r Total Gross Revenue 281304 34.265 620569 *Operating Expense . mp .ngaa�teer 41552 Labor at Pumping Plant 2,.100 Supplies and Expense 766 Op erating Expense i55 Maintenance Expense 4; 95 General Expenses, Taxes 1,082 General Expenses Office General 802 x it it Supt, 20000 n n N.Y. Office 31250 Office Rental 120 Total Operating Expense E0 0 242 Ma int enano e 4, 695 Operating Expenae -less Maintenance 15+ 54.7 Balance fpr Maintenance,. Depreciation and Fixed Charges _4 022 Estimated Investtnent 469,478 Maintenance, De reoiation (% Fixed Charges, (10°6 Of Estimated Investment) Lj§L48 *Not including filtration- plant , which may be built in 1927. 3 sns eo aeom o-xo PAGE 96 7 P, o. No. 2432-0 I' The balance available for maintenance, depreciation and fixed charges as shown by the statement opposite the previous page, compared with a 10 percent return on the investment is as follows; Total Balance available for Maintenance, Depreciation and Fixed Charges $210118 10j Return on Investment 291 In making the comparison , consideration must be given to the Pact that the present total business on the east and is small and the investment on a customer basis very large, u: i; From our analysis we find that the suggested in, creased rates on the basis of the present volume Of business gives more than an adequate return on the investment in water i supply facilities on the west end of the island , as reflected by our reproduction estimates, but does not give an adequate return on the investment in such facilities on the east end. IAUXINGS AND EXPENSES ON BASIS OF FUTURE VOLUME OF BUSINESS i Opposite this page is an estimate of earnings and expenses for the water supply property based on the suggested rates and an assumed future number of houses and water consumers previously discussed. The estimate of expenses is the same as shown in the statement opposite page 91 and is based on present labor costs, but reflects the increased requirements in organization, supplies and other facilities to care for the larger volume of business, DAY & ZIMMERMANN, INC., Enc iN eeas ink. PAGE 97 1tt. ens so a-uom o-ao t' P. a. NO. 2+32-C A comparison of the balance available for maintenance, depreciation and fixed charges with the G desired return of 10 percent on the investment necessary �II` for the complete development of the island is given I% s: in the following tabulation: �I Total Balance Available for Maintenance, Depreciation and Fixed Charges $ 470022 Wo Return on Investment 469948 As hereinbefore developed the net earnings for the entire island on the basis of the present volume of business and suggested rates are not sufficient to pay , �a an adequate return on the investment in facilities where- as the above tabulation shows that the future net earnings will be more than sufficient. The present estimated deficiency in earnings, is due to the comparatively large investment in facilities on the Last End of the island, which necessarily has a capacity in excess of the requirements of the existing a customers. , I's ,i } DAY & ZIMMERMAN N. INC. ENciNeeas ��Irj ri�3F! �" Y r - r J �4r'i?� lel J5 r4i ^' ��'.r�fi ��' ' !r� .,=r�/ H`� t e r a r �n✓ I rt 7%I'�''ri n ti r f F �!j�,✓� r t r s ,Yll r Y�+r.±' � x 4. r � (r < fr �;r Y ✓ rK�r A��d .,rY /r,:�� F yr y%i�u�, l r / 5 r / Fit r rl�f rr sU X e�I� . 'yzl�sy���4Y� y f'E,A�'��FS.i�ir rwiSJ��{��1Wjf� \, r y �i r •s I ref fes,. � r rJ l 1'r�ry A �l�glr'�rI iG�`'y-^� ✓ r �i�t�t'D,°"� rfsJ s` r S J 1 r T rrf r4?i1';r I'� y''�,���rl�J //1' ,J��M 3��1h3f44N� t o- J + r rF 5\ w rf`il r � � d\r J�Yf�!"r���nr �f fi�PrHiFj�+fJrf' � � e rzy(Ii n ey#y, rt � t � / S r✓ t 1 v f �r trr J s qt>R rF��l tr xn�IV" ����ur,� h�� 1��ir�� ✓j ��Jy,+'�3 FiY J u f b; r J -, rl f � rl r 's �` lt' q r��r s��"'a>Ai`F 8� x r9ArA'r�f IY r�R rki; rr�t s s r r f rrzy u > fJ. /r Fir I n ✓ l �rsthh��r '�17rt:��r�r*,.Af � �/ �,,,�1 r Ifi'r r A ar n r � c b !l/ r l w � �/fr,J� .,i r7 Fs r � r' ' /-+ bi 1y T ) fi r iJ .+ r ! �< J k(rr+ rr ��yy 9�}1 ri r` 2+C z r r r/ rr l 4 rr + „ r r � ✓ 'rF ! P y"iAfyoy.„u(��'�,:� �� �.s�� ,fir,�"`j l�'Y+i a + � T i~ :, r y, t dr J� ✓r/ N�a� 5 r iFl� /la�r�rx`"G�� l�����r /+r i"J 2� l l >r ,^si y tii J:0 r rtY Jr. < tirj '•. ! %+ ;�a"ra r;r�? I k ; , 'fin S�r�F r/F t s w� r / /� rrr/ 's� r'Ni'ff � % �� ��u��"'"��Y yr,� f 3 i � > r ! � tt r c z � �' rcv',r�jrpu�'���� �..� 'h ,� , r ,fq 6 Yr/ � r S '+ r I6 rJ (r � ` C n 1 � !� y/ b a l rr r s t r ,/ c , f f5 r „%'t ,rx yf Y(�J",2/, fi 7"' �.. Y`'f F � �`� .��� z 4 i 1y r r ` /✓ it to- r fJ r✓ T a rF��� /+ 'f �u! %r�i i x�. r Mn {J a 3 4 irryf',a trf a� d✓-.'��� 7 ! tr r fit it/r o q ! r t rr h r r 5,�`., r £ Fr urS✓��� i L `tE`S:y Y4AIt �t�J �✓ r �`' 451."p e ti r F F tiu rr r Y r r� � i` A�Svj�t�y�A �k i r � ;I .r C� s 'r s ,✓ tar' qtr/ /✓,a ✓+ f^cyr J3"�r ,r, t 1" r j'il /rt / r . a r r ,r x/ Ft i� r r Tr zy r. ;/✓ `IiJ��t�t7✓ern/�/fr�,.! Y f+ "' i If ,✓ r (a��✓fit br {r4 y r J' P �, r � r P t Fr Nf rlr i4,(Yl�it'#Yy, rYv� �ir Mr�r�,v� �, IA a ���2 rtrrrr rF � I � N � 7 r r t S r> 'r r r St� F'3t;"r r ��rrr'( �✓C './ noir r r,ftl�r '!x���r j''`�� cern�*�5✓�{!/�ry 7✓` �i��� �: Y r ��i°ir rsrr� r s r ``b s r $, rr! rJ Ary a�1+Yf�r�jr�� f ✓ l� S"?f t ���.y p7Y y L`r'✓�G } e � ; r�fu � ' r�5y✓s�r�r r rr,; rpt t f r,r t / � y^('x�nv rt'+✓4!;-s� 1`,✓�/r �/,tr �lrr�+r � bvM1;� y r r ry i ss rr�r t ",r r I/f+ Y �rj� ,����"�:�✓{�l t n h �. I', + r ynr/1 ✓x s r+ fy S P :/�'r'.,r Ey F f rw yi''1W ��rYfy✓rF� �"r �(r / zr� Pd°i t r � �, � � <if a r+r> r-r r y✓f,, � S i %t r YTry✓' ri eF �!r k` �- �./ s >`i yy r � ; r.�P�r� i t - s >w i rr „Y�%r s /§P^,zr�✓�r� rsi �?r',�'!z'irf��kr�'tr�� ���''�,�� f'�`� !. ! (� t53 i< 7r 5y r v (_„-t t r t - rt Jf r n tt n!� .I� r J�'�'r y r?i3�'�S n-r l ! 11((�F?� t r n r � r r J t r l srr 7`<r f i>^�fJ1ry't�'f�,(1��0t��2lrr�r/lr rF�4Pwr/F7Sa l vfl�y x ��� r i /,�,'Sy'tl � v it + t q fi e rvf.'.: r Y � � =¢'7 ih:/r4�i+vJ�✓'r y�an'' ir�a,y���y �$r���r����T � �t ,3.5 rr)�f�rr r �� l Il r Ir Stn Si r y4� tfrrr xr t `rn'r F�'y+��r rr+�Y`r'�rt ry y��ik t�fNvJ,r�jdN✓/"r"tr'FA�..3i^AF3yfJtt,5�11,tl�y������i�.� �� r 4ylpyrl r r r + I { �X%/ r7�, rt+c%ter p>9+ �����i�ylY,:r�y/R`4�[;�,�f/+$ �� r9,r� ��� r .gNN t$l ✓ t ) r > i /6'Nh J A � Tr it/ C^�,7/% f'NY llr'"+�%�(Ui'+`T�'f Yfz"�u?r�k?[�+�3��b���S�� rf/ i..r s r y ', srr r t t/s.f lr 8 r /! mY�y✓Y f i stit�/"rs°�,7i m"r".��ye7,”"=' 'r �u jr�?H9`�k fi����,� ��F��'��l'� y� � r yy� �� �r 's'/f 1 y✓1 a f+ 7-fr�'r dr prn ✓�i✓,rF °li`Y;✓ �a ''r rF�1��;'I?\/�Si'trnr JF 7�../1��3��,r( 5;:�+"3"" y�.�+,�7�isa's ��N 1 � rr ��/,d� h rte, r i ✓m r,rAr�i � J r yi f�F tll ..." /j'/J l�rr /g�����h y�������} liri r'�+�7�,�ul�fa5.'oJsi''-i'( 1��'{,.,1'�y'�.%` r"�"�" i Y� ,;(lii �r rrr s r jr� t � y t fll� rr';'�r 'Y��.i�'�r��1 y"l �Y"K/m�y'Iti`irkr�YF'���v"��''� Ah=� ! F /� r%., f A + fs f r y rF't"a/„✓.br r� i l.'�npi+k��r�3q�a�n���r' '� r �* �.� t `4 �, a��;h r S 2 !�✓FJ� t + 35rt zJrZni I i13�`ty+�r�,1J','rfrjir4����!:!.if.�„�,�.?zli i�rri �'�z ��" 7q �Ai�r j�. h+r� f% l�� F�f d�"t! 'T r 1 y ✓. � 1 r r rrn"'rY'',.r r F.{ r#ur X '",w�r/°`J/'w P�� ��� �l f r �{ ertt4 r e i fr n✓ ah ,Fr `� ✓ s� T Af-r y� �r1Mr ry s7 r�i N✓( t dy Ny � r I i J {„�l J r r S dr "�� e5'm r w nJ rf r �sh'� 7 ,ail,, /' . �s�r`� I1rYr ;t vC + rat rr �>` rr '1N1's+rn•�'iFA �'?��''Fr"�irin�vt�r'i"`�r'✓' ,��r���� �l,y�� r �r ,rt<�'r s � " ,/ z r rtyr !� r r .r rs.✓/�cx !f a� tq-rst /3f� �t�x �� ��rr"r�� ��i�t+ �' �, r' r fEn e rf6 c a .; / s �rr 3� .� fr trYf by .rf t�F'�llr al��s`y !ny'�n b�r� S�' `;fk`r� ✓,;�y ��' �y��� ��yWS' �1A"r'ntf / /r < � n l rl3 §r crFd / r � I��rf�r�'Srchril�{� ir���'YfirYfx/4FIet rJ"tfni(�,/'9i?yrw(.5 �s 1��� � e;; ,� .r y� Y , /'rr^' // it A l J rLrit �+F s;y Fr k ✓ In .a' Hq J 'Ir,.?rtlr r� rr k ✓" 1�E" / 3 r A' 1✓ / I f/ ytl J e�ftfr �zl��� $.��'uR /t ��, � l�3+ ,�� � + f /�. b Su'FIr r ✓f i � � " Yi �� rit'hlsnf rn��n'fAr"rr✓�t.�j�.''�'"4ra�"'� a Y.r'�'v��'3��'�rue��9''vY'e "� '� . �ti�� Is r r!_�rr r� r �i4Y(9��s� Fn7% ��t,3� ^,A"f�E >s f✓ v�q!r lr�$5'iF9y �rol �yr rr �S r � v r r: rrc t s 7Ji l ri tt t��^r � r r�r''�'i'rFi �'�sr"~Mlr ��+�;jsn a� ,��,�r��� °r r f r !l r/ I r t r { s n1 N L Fx�`yy��c..�++a i(�ib � c 'd v 1 na! r 'u S v y"�� � Jzr rf s� aek Jr lY'dr/J.?t�������� �� r�� �' r � ! n r t r o r F r t � mr/ 4r mwr�r vxusu&�,r✓,,r/srr ✓f � r r r�' d �fr� g/r' �/ r r / r at / aw r r''i rMs+^u� n"f rr ' rs�Y9rujUr*�fr ° r ,'r + f r f;Ylvl; r-'fk"r�r'� y;r1 � !, an v 4t t r to t wA r rim �' Ni Y� xir1^%r rF i rxVr `ti'?,, v R �.� rr /tr r � tl ) r �"'rrry/ "✓•''A l y l �a e v i t«Bir�/1)r/' t r�i, t r/ J r � F.{�+ �t i l �"'yN•� �/ y✓�H. �� 1'irJ r:r1�lT. � Il �l ll'y i 1 ,� �. u ,r alr r r u r'o 1 nr lF �`�:!rd+s'iv. � g 4r^� n u� �7„ ;e l y'r�*y,Y�'"j' ���r Ui lx"�. t r ri 4 �rt/r7 ti�CmS�� "N a' sf Sf+iF � r ,^+,?' � ?I ter'v � l rr °S; rzjr't > f/r, � ir�vx -r r''`°`� �� �'"�J'r rr � Cv������� S k i �/' f✓n✓ r � r r a t a � rPp �E ✓ �!a r���ry�rr'i "1 t' �s>�aaF t rt �'"^{:,� i G� t+d >+%%�9.;'-`+'�»r���d 4�r�/i r�` � p�¢�� s '�Il{� CJS t sad Ox t n� trr Sytriyr �'�rrfry/ � ! �f � ��'.�6�° / �P> /+J' S F'Mf tr t 1�L } r atrlVi�'Irf ��r� P��i " A 9 '�e`9/u �r ^?,. t fi r .-1ir :F'Je dy,�✓('l'i�, ry22r'�'hFi `�i'✓x3 � I � t r��trf}t �lrr rFfi `� r c�[r"�'s;,r� �"{Jr k���a�Y� } ? If t, r .t �aw,,r i fir 4hJ a "`:'r r r��ra j���'SyIW'€t��l�'�� r � �ar. �l o��r t 9 e s > r ro � 1n rwrr �y pil�lyr'M �F r �df;a § sa,N 4 �y le rr rt"� Fr �a t ��. �rr ir� 5 q r� � i�r�r/✓f✓^��4���'J'�kf A b! d�trx r: rt r r fessr --t i�fi'r„ r�/'/TxI �W��� ✓ /! � r r��YT d o yl ri T f rr('�yfiu !� nit✓r�or3S�ly�q�J'J.�r'" d �t�F lix�lF a A 1 ✓if ''}�sr�7:rr�''��d �i�nl�+ a,.�� � r�,✓ "l';r�nm�vf.€`t.�` t & �O'' t�'Fi+y��rJ��'�'j{�` � :k`9 y,� � y� f, r rd,.-a ,l z c aF ' rri°yyrRe+'M..�7 y � r >'' f�i ry r N r r�ri�.�i�axe � t�r'Flt-��7 SY 4 G',��r '/" t/r' l " rr/^°��i iF� /1,�''SI1 � ✓ 1, 1 �/r ��° r n r������i N n�pwt+�'r�y"r`h'=���hra'�!`rf�'"7� �r ��,t����s.�x7Urx r��' s��b�fir"/ `� ��, �. r � t r S Jr ✓�' r & 4 6 r � 1� /��i^�+$i�����4�1,�ffi�n'ta"'n fj." 7'rv� �!"rsr��J�ll� �ref'/''q x�j'rl �✓n�f����� ;" r �; rrr ,�f �k����, ��� z '� r �,e�Jy�f y°Hwr�r�r�fh���� st Y �6�yry ;5���y�xtb/n�h��'� �����% r '"�a`l'Ai S„�¢yYtJ7 c/leY�x�r ✓ grtr���/ y�� 'uPP r J P ?6 i,�fl� n�F� � � / q I A°SIFpr L:'I��}�� l %t r ryay,�.� '7 P �'+ , r�, ,ra,�:., {i PAGE I'. u.. No. 211312-0 F� I 'o a' OW".11,1311 IP Y'�D l 0012�A'TIOV OF iitil.�'L t'i'y Tho QaZIBIti,IP WLLtor ;.ntp�I].y hrohorty J.:; ownod in u part I)y 1,110 _L131aor. ,y Is.ieand 1':,,rmis, Ino . t,.nd 111 part by the f OorporeItion ri;, follow„t All property locnted West of tho 2oultry Perm D'mxca wi. th ..,11 me to.ro on lines hast of the Poultry Farm Fonao. Tho reproduction rtpl:it Of such property as of July 1, 1926 is .. o:;ti.mtttod va :follows: r H, Estimated Cost of Reproduction <I; Toss Accrued New Deprooiation r All property west of ` Poultry .Farm Fence $ 941, 293 $ 809329 r' ;Motors on linos cast of Poultry Farm Ponce 217 206 Total $ 94, 5lo $ 80, 535 ` aznxz,xz=- _=xaoaaxr m.a 2 - 1!ishors Island 0orboraticn }' All property on the island located east of the Poultry Farm Pence , with the eseep- r tion o-f meters as noted above. The esti - mated reproduction cost of such property as of July 1, 1926 is $200, 760 new and �v '0.94,760 depreciated. rr u DAY & ZIMMERMANN, INC., ENGINEERS yrena is mmm m.za PAGE 99 10, 1'. 0.. NO. 2432_c , F So: All tho water supply opera.ti.orss on tho .i.I: 11:111d s taro to bo oozldur,tod by a w"ster supn.ly company to be organ- {;:,: i% ized and in th:ise ooznnoct:ion ,is believe that certain trans- action ohonld bo mtLdo as fol..lowsz u" 1. "ho 111.4hors 1:11ani CorponaLion ;should ao- .; qui.ro by purchase firom the Fishors i Islan"i F''arrns, Ino. on thea basis of the A roprodszotioxl cost new loss aooniod de- p'rcr, :i icon all of the me tor„ east of the Poultry Parm Fo nce. i 2. The riritc,r czapply company should e!eguire by purohsa.se from the Fishers Island is FAIrms, Ino, all water supply property s ionated vrest of the Poultry Farm Fence, , payment to be made an the basis of the reproduction cost now less accrued depreciation, The water oupply company should lease from the Fishers Island Corporation all of the water supply property located r oast of the Poultry Farm Fence, the 4' leave to contain, among other things, it the fo.l.lowi.ng principal provisions k e a. The term of the lease to be 5 years r' at the expiration of which the lessee F' shall have the option of either pur- chasing the property at its then fair value or to extend the lease for a period to be mutuialy agreed upon, °! b. The lessee to have the perpetual right zr to pump water frorn the ponds located f east of the poultry farm fence. c. The lessee to operate and maintain the property and to make all. improvements' Y and extensions thereto as approved by the lessor in order to provide adequate service on the East End of the island. r DAY & ZIMMERMANN, INC.. ENGINEERS 100 2432-0 d The lounor to roimbirrLio tho loonoo Cor fill oroolidl turoI� iwido by the lessee J.11 (IO11110otioll with tho 111nintolla'11co im- pro"romoitt e-nd oxtolitlion Of the .11-mood pr 0 no r ty 0 Tho lounne to p:'y tho lessor 91.1. r )venuon rouolved frorn the uor.Ltor Imp ouotomors loos: ml mi.t;t C'T tilt) )OLI.Itrjr Purtri Fence in oon!-wotion with tho 113orvlou Ohor,,jes" of the I)TOW'104 Tato -11Cht)(11110 , plus ).� cents per 1000 t.:vllonm for all. wuto:L, pumped from the pnild'; ' 0:V tho Oorpnrutlon. The above oroviaiono aro su-gaotod in view of ti t�ie fact that the m000rty oast of the Imiltry Farm Fenoe in ovor-dovolopod :Cor the �r)rasout volume of business and the ournimgn tharoVrom will be insufficient to pay an ade- QuAte rot"M on the investment fbr a number of yoars. Sinvo the cbaruutoT of the water supply property east of tho 20111try Farm Prmoo is influonood by concell-do-rations other than sorviva the water supply oompany should not be V)QUirod to ussumo tho burden of the fixed ohurp ges until sunh time an the property is nalf sustaining, ar Respectfully niibmittedo DAY w u✓IrMLIO' JANIT, Ino. H. -R. Martz, Manager Investigations w Reports Department Donald Downs, Engineer DAY Cc ZIMMERMANN, INC., ENGINEERS