SUN CITY WATER CO. v. ARIZONA CORPORATION COM'N

No. 1 CA-CIV 2934.

26 Ariz. App. 304 (1976)

547 P.2d 1104

SUN CITY WATER COMPANY, an Arizona Corporation, Appellant, v. The ARIZONA CORPORATION COMMISSION, Appellee.

Court of Appeals of Arizona, Division 1, Department B.

Rehearing Denied May 19, 1976.


Attorney(s) appearing for the Case

Evans, Kitchel & Jenckes, P.C. by Earl H. Carroll, Phoenix, for appellant.

Robertson, Molloy, Fickett & Jones, P.C. by Charles D. Wahl, Michael J. Meehan, Tucson, for appellee.


OPINION

JACOBSON, Presiding Judge.

This appeal calls into question the manner in which the Arizona Corporation Commission may set a "fair rate of return" on the fair base value of a public service corporation's assets.

The appellant, Sun City Water Co. (Company) appeals from a judgment of the Superior Court of Maricopa County affirming a decision of appellee, Arizona Corporation Commission (Commission...

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