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Ordinances 1st series - 150
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Ordinances 1st Series 150 - 253
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Ordinances 1st series - 150
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3/26/2015 2:51:32 PM
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� <br /> �_ . <br /> determined, provided that the effective Allowable Return on <br /> Common Equity for interim rates shall not be less than <br /> that existing at the time of the filing for a change in the <br /> Allowable Return on Common Equity. The Allowable Return on <br /> Common Equity finally determined shall be effective as of <br /> the proposed effective date. <br /> Subd. 3. Within ten days after receipt of the <br /> order of determination, any Party may appeal the order to a <br /> hearing panel by filing a notice of appeal with the Authority <br /> and Company. The panel shall consist of three members <br /> of professional standing, each having one vote. The <br /> members of the hearing panel shall be selected as follows: <br /> Within 20 days of notice of appeal the Company and the <br /> Authority shall each appoint a panel member and each shall <br /> immediately notify the other of such appointment. The <br /> two panel members so appointed shall, within five days <br /> after the second member is appointed, select a third panel <br /> member. If the first two panel members are unable to agree <br /> on a third panel member, the third panel member shall be <br /> appointed by the Chief Judge of the Hennepin County District <br /> Court upon application of either Company or Authority with <br /> five days notice to the other. In the event either Company <br /> or Authority fails within said twenty days to appoint a <br /> panel member, the member appointed by the other party <br /> shall proceed as a single member and issue his order, which <br /> shall constitute the order of the panel. <br /> 18 <br />
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