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City of Pleasanton <br /> Water System Connection Charges <br /> <br />Meter Size Connection Charge <br />Less than 1" $ 285 <br />1" 535 <br />11/2" 1,070 <br />2" 1,710 <br />3" 3,200 <br />4" 5,350 <br />6" 10,700 <br />8" 17,100 <br />10" 21,375 <br /> <br />Historical Operating Results <br /> <br /> Revenues and expenses of the enterprise are accounted for <br />in the City of Pleasanton 1967 Water Revenue Bonds Enterprise <br />Fund pursuant to Resolution No. 67-55 of the City Council <br />adopted on March 27, 1967 (the "Resolution") providing for the <br />issuance of $750,000 Principal Amount of 1967 Water Revenue <br />Bonds. The 1967 Water Revenue Bonds were issued in two <br />series: (1) Series A in the principal amount of $400,000~ and <br />(2) Series B in the principal amount of $350,000. As of <br />July 1, 1987 outstanding Series A Bonds and Series B Bonds were <br />$145,000 and $140,000, respectively. <br /> <br /> The financial statements of the City of Pleasanton 1967 <br />Water Revenue Bonds Enterprise Fund for the years ending <br />June 30, 1984 through June 30, 1986 were prepared by Gielow & <br />Davis, An Accounting Corporation, Pleasanton, California. <br />Notes to Financial Statement for the year ending June 30, 1986 <br />stated the following with respect to Summary of Significant <br />Accounting Policies and Description of Funds. <br /> <br />a) Fund Accounting <br /> The financial activities of the 1967 Water Revenue Bonds <br /> are accounted for in a separate enterprise fund. <br /> Enterprise funds are used to account for government <br /> operations in a manner similar to that of private <br /> commercial enterprises. Revenues, expenditures and <br /> operating income are accordingly evaluated on a continuing <br /> basis. Sub-funds maintained to satisfy the bond indenture <br /> are as follows: Water Maintenance and Operations; Water <br /> Bond Interes~ and Redemption; Water Bond Reserve; and Water <br /> Surplus. <br /> <br /> 23 <br /> <br /> <br />