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<br />~ <br />< <br />l- <br />I- <br />~ <br />., <br />z <br />< <br />~ <br />I- <br />~ <br />o <br />~ <br />W <br />l- <br />I- <br />W <br />~ <br /> <br />4 <br /> <br />~_o__n <br />""........ <br /> <br />.e:, <br />(~ <br /> <br />~,E_.w...rn.. <br />YOu...........u <br /> <br />J,G...,ELS.... <br />.D""".''''OO <br /> <br />w......u...... <br />......'....,..... <br />JO......C..U.. <br />..U....... <br /> <br />l'rnOUll :poum l'ullJOritl;! <br /> <br />'.'O....aT..Cu'.......11tT <br /> <br />"''-''0''. <br /> <br />PHOENIX. AIII1ZONA <br /> <br />..L.....,.nH <br /> <br />.n,.... <br /> <br />December 1. 1960 <br /> <br />Honorable Paul Filml1n <br />Governor of Anzona <br />State Capitol BUilding <br />PhoenIx Arizona <br /> <br />Dear Governor Fannin <br /> <br />In compliance ~lth legislative reqUirements as prescribed <br />in the Arizona Power Authority Act. .e are submitting the Sixteenth <br />Annual Report of the Authority covering It9 operatIOns. actIvitIes <br />and achievements (!;If the fiscal year July 1, 1959, to June 30. 1960 <br /> <br />The contHlulng operations of the Authont~' ,"'ere most <br />satisfactory frolll the standpOint of power operatlons and flnanctal <br />accomplishments. The A.uthOrIty met its customers' re-quirl!ments for <br />po~er even under Increasing handIcaps caused by t~1! rapIdly grOWIng <br />demand. At the salll!! time. ~e were able to sake rate reductIons <br />which resulted In substantIal savtngs for our customers. <br /> <br />Dunng the year. the Authority amended as appllcation <br />penchng before the radaral Power CommISSIon for a license to construct <br />the developments on the Colorado River and the City of Los Angeles <br />filed a competing applIcatIon. The fIscal year ended .ith both <br />partIes scheduled for a pre-heanng conference. The Author1!y .'as <br />able to make substantIal progress ho~ever. on all other features <br />of Its plans for development whICh ~lll be useful when a license IS <br />secured <br /> <br />The Authorlty .'lll contlnue Its efforts to secure the <br />~ecessary lIcense .11 order that Its plan for development of the <br />Rater and power resources of the Colorado RIver can be InItIated as <br />soon as poSSIble. <br /> <br />Respectfully sublllltted, <br /> <br />ARIZO~A PO~~ AUTHORITY <br /> <br />~~~ <br />t:? 'ChaIrman ....... <br /> <br />eo....I..,O...". <br /> <br />C ".C..~"OUN <br />.J.D.lloO"U <br />......N".,...N.."'" <br />w,w."'cIC"ILL <br />".r_.WrITZU <br /> <br />M...._.. <br />".O.ao..... <br />