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<br />MR. MEEK: In 1969. <br /> <br />I <br /> <br />MR. SPARKS: In 1969, you signed a repayment centract. Mr. Crandall, is <br />that repayment contract still valid, er dees it have to. be revised new? <br /> <br />MR. CRANDALL: We've taken the pesition that it does net have to. be <br />revised, but there's been changes in costs and other things. The <br />question has been asked, and I would hepe, for heaven's sake, that i~ <br />does net have to. be revised, but the Seliciter has raised these points, <br />and the matter hasn't been presented for a decisien. <br /> <br />MR. SPARKS: At this point, we don't know whether er net that contract <br />is any goed? <br /> <br />MR. CRANDALL: It is geed, it's a valid contract, but whether a require- <br />ment fer revision is geing to. be offered by oun reviewing authorities, I <br />just den't know at this peint. It's geing to. be reviewed for an answer <br />to that questien. <br /> <br />MR. SPARKS: But it was reviewed and approved, .was it net, some six years <br />age? <br /> <br />MR. CRANDALL: Yes, sir. <br />changes in the subsequent <br />or net is the questien. <br /> <br />MR. SPARKS: Assuming it is a valid centract, yeu still den't knew <br />whether or not it's ef such sufficiency as to permit yeu to. go. ahead with <br />censtructien? <br /> <br />It's a valid contract. There have been seme <br />intervening time. Whether they are significant <br /> <br />MR. CRANDALL: Yeur questien is under review, and I feel persenally <br />optimistic that the answer will be affirmative. <br /> <br />MR. SPARKS: De we have any time schedule as to. when that answer will <br />come back? <br /> <br />MR. CRANDALL: It will be considered aleng with the envirenmental state- <br />ment, the definite plan report, and the satisfactien ef the pre- <br />censtructien conditiens. <br /> <br />I <br /> <br />MR. SPARKS: As I understand frem the presentatien, the definite plan <br />repert was cempleted in 1967. Is that being revised now? <br /> <br />MR. CRANDALL: It's being updated. There was a change in the supplemental <br />service area, in the new lands area, because the petitiens fer water came <br />out in a way that required an internal adjustment. It's net a change ef <br />substance, but the definite plan report will have to reflect that, plus <br />the change in the costs. <br /> <br />MR. SPARKS: <br />plan repert? <br /> <br />Again, what is the schedule now fer the revised definite <br />When will that be completed? <br /> <br />MR. RINCKEL: We'll have the revisions and appreved by the Cemmissioner <br />in April 1977. <br /> <br />-27- <br />