JOINT PETITION OF INDIANA-AMERICAN WATER COMPANY INC. (“INDIANA AMERICAN”) AND THE TOWN OF RILEY, INDIANA (“RILEY”) FOR APPROVAL AND AUTHORIZATION OF: (A) THE ACQUISITION BY INDIANA AMERICAN OF RILEY’S SEWER UTILITY PROPERTIES (THE “RILEY SYSTEM”) IN VIGO COUNTY, INDIANA IN ACCORDANCE WITH A PURCHASE AGREEMENT THEREFOR; (B) APPROVAL OF ACCOUNTING AND RATE BASE TREATMENT; (C) APPROVAL OF THE RATES AND CHARGES FOR SEWER SERVICE IN THE AREA SERVED BY THE RILEY OPERATION; (D) APPROVAL OF
APPLICATION OF INDIANA AMERICAN’S MUNCIE SEWER RULES AND REGULATIONS TO THE RILEY SEWER SYSTEM WITH CHANGES TO ADDRESS
PRORATION OF PARTIAL UTILITY PAYMENTS ; (E) APPLICATION OF INDIANA AMERICAN’S DEPRECIATION ACCRUAL RATES TO SUCH ACQUIRED
PROPERTIES; AND (F) THE SUBJECTION OF THE ACQUIRED PROPERTIES TO THE LIEN OF INDIANA-AMERICAN’S MORTGAGE INDENTURE. |