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Apportionment of Reductions among Urban Contractors Sample Clauses

Apportionment of Reductions among Urban Contractors. Reductions in annual charges apportioned to Urban Contractors under subdivisions (d) and (e) of this article shall be further allocated among Urban Contractors pursuant to this subdivision. The amount of reduction of annual charges for each Urban Contractor shall be based on each Urban Contractor’s proportionate share of total allocated capital costs as calculated below, for both project conservation and project transportation facilities, repaid by all Urban Contractors over the project repayment period. (1) The conservation capital cost component of the reduction allocation shall be apportioned on the basis of maximum annual entitlement. Each Urban Contractor’s proportionate share shall be the same as the percentage of that contractor’s maximum annual entitlement to the total of all Urban Contractors’ maximum annual entitlements. (2) The transportation capital cost component of the reduction allocation shall be apportioned on the basis of transportation capital cost component repayment obligations, including interest over the project repayment period. Each Urban Contractor’s proportionate share shall be the same as the percentage that the contractor’s total transportation capital cost component repayment obligation is of the total of all Urban Contractors’ transportation capital cost component repayment obligations. (i) Recalculations shall be made annually through the year 1999. Beginning in the year 2000 recalculations shall be made every five years unless an Urban Contractor requests a recalculation for an interim year and does so by a request in writing delivered to the Department by January 1 of the year in which the recalculation is to take place. (ii) The transportation capital cost component repayment obligations, for purposes of this Article 51(f), shall be based in the year of recalculation on the then most recent Department of Water Resources Bulletin 132, Table B-15, “Capital Cost Component of Transportation Charge for Each Contractor,” or its equivalent, excluding any costs or entitlement associated with transfers of entitlement from Agricultural Contractors pursuant to Article 53. (3) To reflect the relative proportion of the conservation capital cost component and the transportation capital cost component to the total of all capital cost repayment obligations, the two cost components shall be weighted as follows: (i) The conservation capital cost component shall be weighted with a thirty percent (30%) factor. The weighting shall be accompli...
Apportionment of Reductions among Urban Contractors. Reductions in annual charges apportioned to Urban Contractors under subdivisions (d) and

Related to Apportionment of Reductions among Urban Contractors

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