CONCLUSION In sum, protestants evidence will demonstrate that the ICC Section 19a valuation should be rejected as a rate base for TAPS in favor of an original cost less depreciation measure. We will further show that the carriers are only en titled to a return on that rate base commensurate with the ac tual financial and business risks associated with the ownership and operation of TAPS, and not with those attending the more FOR THE ARCTIC SLOPE REGIONAL CORPORATION William W. Becker ist 0. Yale Lewis, Jr. Charles Goldmark Wickwire, Lewis, Goldmark Dystel & Schoor 500 Maynard Building Seattle, Washington 98104 William W. Becker Harold C. Petrowitz CERTIFICATE OF SERVICE I hereby certify that on this 15th day of December, 1977, I have caused to be served, a copy of the foregoing Joint Pre-Hearing Brief of the United States Department of Justice, the State of Alaska, and Arctic Slope Regional Corporation, and the Appendix thereto, upon all parties of record, by hand or by first class mail postage prepaid. |
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