Laserfiche WebLink
proposed Allowable Return on Common Equity for the year. <br />If no request is made the Allowable Return on Common Equity <br />remains in effect. <br />Subd. 2. The request for change in the Allowable <br />Return on Common Equity shall be reviewed by the Rate <br />Administrator who shall forthwith set a date prior to January <br />15 for hearing upon such request. He shall give 10 days <br />notice of such hearing published once in a legal newspaper <br />in each county in the Metro Area. At least two days prior <br />to the hearing date, any person may file with the Rate <br />Administrator a written notice of intention to appear at <br />the hearing and of the nature and extent of his parti- <br />cipation. Only persons complying with this notice <br />provision may be heard at the hearing. The Rate <br />Administrator shall prescribe reasonable rules and <br />regulations for the conduct of such hearings. Upon <br />completion of the hearing, and no later than February 15, <br />the Rate Administrator will serve on Company and the <br />Authority a written order determining the Allowable Return <br />on Common Equity for the current year and setting forth <br />his findings and conclusions on all material issues <br />relative to his determination. If no appeal is taken <br />from the Rate Administrator's order of determination, <br />the order is final. If an appeal is taken from the Rate <br />Administrator's order of determination, the order is an <br />interim order and shall remain in effect until finally <br />17 <br />