Request for Distribution for City Eminent Domain Expenses Sample Clauses

Request for Distribution for City Eminent Domain Expenses. The Settling Parties agree and recommend to the Commission that PWW’s request to enhance the CBFRR component of the current ratemaking schedule to include an amount for repayment of the City of Nashua’s eminent domain expenses should be denied. The Settling Parties agree and recommend that the Commission should clarify and require that neither PWW, PEU or PAC may collect revenues from customers for the purpose of distributing cash to Penn Corp or ultimately as a special dividend or other form of distribution to the City to reimburse eminent domain costs or for any other purpose whatsoever. The Settling Parties further agree and recommend that the dividend restrictions contained in the DW 11-026 Settlement Agreement remain in full force and effect.
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