ML20199E292

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Santee Cooper 1985 Annual Rept
ML20199E292
Person / Time
Site: Summer South Carolina Electric & Gas Company icon.png
Issue date: 12/31/1985
From: Robert Davis, Holder D
SOUTH CAROLINA PUBLIC SERVICE AUTHORITY (SANTEE COOPE
To:
Shared Package
ML20199E290 List:
References
NUDOCS 8603260026
Download: ML20199E292 (58)


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Kkwatthour Sales Un thmanda Resafenhal 646 467 559 929 541 522 536 461 472 495 443 186 446 247 403.107 342 232 Commeraal 688 743 595 724 569 474 549 737 511726 506 243 489 437 449 335 404.501 Industrul 4 232.994 3 940 370 4 049 632 3.952 408 I 890 415 1 788 087 1 441 494 1 356 706 1.202 291 Nfitary 392 109 373403 350 127 343 258 106 582 316 537 323.763 302 789 301.172 N!aniopai 25 448 20 236 i 7 84 l 17 572 17 506 16966 16 670 15495 14 381 Whelewle 1 798 454 3 422 275 3 351 388 3 470042 3 099 574 2 881 781 2 843 955 2 576 794 2 220 559 ' Total 9 784 420 8 911 937 8 879 984 8 869 478 6 248 298 5 952 800 5 561 566 5.104 226 4 485 136 Number of Cu40mers f at gear endl . ResiJental 55 610 50 255 46310 43462 40 053 38 05% 35 500 32 513 30 738 C rnmeraal iI 601 10 583 10129 9 754 9 216 8 859 8 466 8 102 7 558 Indwanal 26 25 25 25 24 21 20 19 21 Nf htary 3 3 3 3 3 3 3 3 3 Nfumora! 329 300 224 216 212 207 197 189 183 hiesale 3 3 3 3 3 3 3 3 -1 Total 67 572 o f 16^ 56 694 53463 49 ill 47.151 44 279 40 829 38.506 Rowlential Statntas f average; Kriew arthour Consumptm Customer 12 240 11 708 12 093 12 875 12 :11 12 097 13 174 12 832 18 551 Cents KJowartMur 5 50 5 02 5 01 4 09 37s 3 44 3 27 2 68 2 66 Cencrahng Capah! ty (par end) (meow atte 2 764 2.265 1 965 1 965 1 736 1456 1400 1.120 1. t 20 Sw er Reqmrerrents and Supply Ikdewatthours n mhns) Generation-( Hydro 628 694 522 414 824 680 702 715 739 ! $ tea n 7287 7840 8 492 8 620 58W 5343 5 238 4 402 3779 Combatien Tehne 2 - 18 il 10 6. 38 .21 2 Nudear i 931 494 - - - - - - - Total 9848 ( Purchaws Net Intenhange Ek. 155 9 028 333 9 012 380 9 065 371 6 634 193 6 029 429 5 978 95 5 138 474 4520 429 Total 10 203 9 i6l 9 412 9 436 6 827 6 458 6 073 5 612 4 949 1 Ternfor al Peak Lawh imnawatN I 810 1 685 1 754 I554 1 352 1 231 1 161 1 065 943 f 6 Denotes Negatne

          'Ei'etme July i IM Interchange u!cs were reclawtwd as a credd to furthawd power.
          " Rem ested camiro rcterred to a!m e and on pages 44. 45 and 46 ref.ect revenue available to meet Santec Cooper's Bond indenture and Resolutam requrrements.

defcased 5130,000.000 of the 1982B bonds as of June 30,1985, totaled Series, $139,000 000 of the 1o81B 91.o19,750.000. Averageannualinterest Series, and $40,000.000 of the lo81C cost on these bonds is 7.75 percent. Series. In addition, $20.000.000 of the As of Jur.e 30,1985, unexpended funds 1982 A Series was defeased from excess construction funds. All refunded bonds from the sale of bonds amounted to had an outstanding balance of $40.367,000,n i addition to debt reserve, 5791,o74,000 at the time they were debt service. and interest funds which totaled $247,218.000. retunded. Principal payments on all bond issues. including the issues re-funded. total $50 230.000. Outstanding iii AJ

Ietal Utihty Mant-net imludmg rulcar fuel (at year end im thouunds cidel!aru  ! 779 lol I 670 571 1 467 710 1205200 950 628 759 839 577 936 437.162 355 971 Bonded indchednew ht > ear end; tm thousands et JollaN I 788 750 1 796 545 1.735 850 1261420 990 100 917 690 810.190 495190 481 210 Operatmg Rewnun un thousamh or man Resdentia! 35 572 28 098 27 121 21 949 17 639 15 255 14 585 10 801 9 109 Cornmeroal 32 865 28 853 28 145 22 452 18 835 to 822 15530 12 439 10 738 Indu tnal 132 833 124 014 131.189 99 551 40 417 35 131 26 672 21 557 19 357 Mitary I3978 12 893 12 487 9 225 6 954 6567 6 130 5049 4 754 hupal 1 254 1029 955 704 587 546 526 422 391 Wholesale 140 211 126 104 105 094 90 971 65 997 59975 54 101 42 265 36 215 Othe- Electm Ltitd - - - - - - - 975 507 helanceus  ! 936 I ilo !840 1494 1 364 1 401 1 236 1219 1.168 Total 158 ou9 322 708 307 731 246 346 151 793 135 697 118 9W 94 727 82 239 Operat:en & Maintemnse Evenws Charced to Operat,er3 im thousands et dean 236 189 218 976 22e 320 187 890 109 997 103 928 88 144 71 004 57.737 Pnmem m Leu et Tnes Chargd to Operanens im thousash or ddbre 1 750 981 565 966 928 726 658 734 550 Paymts to the $ tate , Chamed to Remmted Ermngs on thousands et dean i600 1.500 1400 t 300 1300 1200 1 201 1797 844 Vt Operarmg Rewnues AsaibHe fer IVH Nrvke un tNwnd, et doibro 1 M 186 118 230 94 219 66 503 46 732 35 958 33796 2M 091 29 799 Reme9ed Eammgs" m thounds d d44ro 50 515 4: 057 53 Ill 29 llo 21 406 10 791 5 516 8 978 11 902 febe Scrue Gurne Etreo, Ek4 i 83 1 69 2 18 I 90 2 41 2 12 2 30 1 34 3 25 Pner:ty OHatn & Espanwn Borxh I 78 1 65 2 07 1 79 2 14 i 88 1 98 24o 2 41 Santee Cooper's net earnings before Revenue bonds totaling $2.770.654,000  :

                                                       .           taxes since the first power was generated .             have been issued since Santee Cooper Since Santee Cooper was established in              .

in 1942 total $362,154.000. Payments m. was established. Bonds on. .ginally issued 1034. a net amount of $2.064 657.000 . lieu of taxes have been made to the in 1949.1971, and 1976, were advanced has been invested in production. State of South Carohna totaling refunded .in1973 and 1977, and have transmission. distribution, and general

                                                    .              $24.523.000, and to the counties and                     beendefcased Refundingbonds. issued plant facilities. These capital additions                    ..   .       .

have been financed throuv,h reinvested murucipalities within Santee Cooper,s in 1982 advance refunded and defcased earnings, electn.c revenue bonds and service territory totaling $12.087,000. $127,000.000 of the 1982A and notes, lease contracts. and a federal The remaining net earnings of $100.000.000 of the 1981C issues. Two grant in-aid of 534.438,000. $325.544.000 have been reinvested in refunding issues (1985 and 1985A) m. system improvements. Fiscal Year 1985 advance refunded and summum M M I I 4 I N i' I I ii

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l Message from conscience, where everyone gives his j ,

                        ,                                 Retiring Chairman                           and her best and takes pride in Santee j ', g                                 With retirement as chairman at the end
                                                                                                                 ""    4"'INY f **I'* d I"" "

of this fiscal year, I look upon Santee

                                 -                       Cooper and my 16 years of service with       it's a new day for Santee Cooper, and it a feeling of pride and accomplishment        couki be a very different day. I am en-j                             that is shared with a dedicated board of     couraged by the results of our economic
                    ,    ?                               directors and the greatest management        development efforts to attract industry team and group of employees that a           to the state, and I believe the company company could ask for. Through the           will be looking more to wholesale diligent effoits of these individuals, this  customen as users of Santee Cooper company has reached the goals outlined       power. Although we have successfully
                                                   . by Governor Robert McNair when I was         financed power plants through the
fint appointed in 1%8. And we will years, I believe we'll also be putting continue to make outstanding progress more credence into sharing future con-

) toward reaching the maximum potential struction projects with other utilities, as j of operation. These accomplishments was suuessfully done with the Summer provide benefits to the people of Nutlear Station. South Carolina as well as to Santee t 50 while there will be new goals and ob-Cooper customers. jectives for Santee Cooper to reach for Through agreements with neighboring in the future, I can't think of a better utilities and power distributors time to retire. I am satisfied that we are h throughout most of the state, private w here we shouki be in 1985. That satis-l Robert S. Davis and public pmver interests are working faction is a direct result of the efforts of } together in a resronsible business en- reople. These include the directon, vironment. We're all basically in the employees, governmental leaders, busi-l same business, and costly disputes no ness assodates, and the people of South , longer burden our respective customers. Carolina who have made my association And, as servic e-oriented industries, with Santee Cooper such an exciting,  ;

customer satisfaction is paramount. enjoyable, and rewarding experience. i Prmfucing power delivered to most of
,                                                        the rural areas of South Carolina and                                                        i contributing to the industrial develop-                                                      l l                                                         ment of the coastal counties are                                                             l other goals achieved for the benefit of I                                                        the state.

1 j Through the cfforts of its dedicated I leadership and devoted employees, Santee Cooper's record speaks for itself. The(ompany has built nine of the last j ten electric generating units completed I in South Carolina. And to auomplish j this feat under budget and ahead of j scheduled completion date is a l remarkable as hievement. We have seen to it that our (ustomers have reali/cd adihtional (est savings by taking every opportunity to refund i previous bond issues at lower interest rates, to bring (ost savin >; nuclear j power to our customers, and to ton-q tinue searc hing out ways to c(onomi/c 4 through a variety of innovative te(b. j niques and pro ( edures. None of these au omplishments, or the I hundreds of others whith make our (ompany unique, would be possible without the unswerving (oncentration of team effort. It's a (olletlive company i

Message from develop goals and policies which will . New Chairman enable us to chart our course for the ] Since Govemor Riley announced my j appointment in January as Chairman of future, there are some major concerns

                                                         ,               g                                                                  fka l Santee Cooper, effective July I.145 i                  For one thing. I want to make sure that

! have devoted a great deal of time learn. everything we do will foster fair and reasonable rates, quality service. and

  • I ing about Santee Cwper and my duties
  • I and responsibilities as Chaimian. courteous treatment for our customers.

It is very clear to me that. through the I also want to ensure that Santee Cooper's excellent short term and long- a i leadership of Bob Davis and others. g ', Santee Cooper has truly bet ome a first . tenn financial status remains as sound as , ! class electric utility company. Many of it is today. [ . ! the maior projects and problem areas are behind us. Recent construction projects A third area of concern is our work-force. Our major asset is our team of

                                                                                                                                 %~       /

l have been completed: territonal rights employees. and I want to do everything ! disputes have been settled: and our rela- possible to prote( t and enhance this l tionships with direct service customers. asset. Employees must have adequate , P W# industrial customers. and Central Elec- job security, equitable compensation tric Power Cooperative are good and and recognition. opportunity for profes-

. based on a foundation of revect.                      sional growth. a working environment                                      .;                              ..

Now is the time to look to the future. wNch h sak and my spmtandy, dw equitable treatment and courtesy which I We need to determine our emphases , } and prioritic for the coming years. It is is due them.

! important to ask not only what the elec-              A tourth concern is protec tion of the en-                                                                   -

l tricity business will be like in the vironment as Santee Cooper maintains. Dwight A. Holder ) IN0's. but also. and more importantly, enhantes. or builds the facilities to serve i w hat will South Carolina be like and the electrical and ret reational needs of how can Santee Cooper best serve our c ustomers and the millions of l South Carolinians? 1 tourists. sportsmen. and admirers of  ! l nature w ho (ome to the lom ountry to ' l We must decide what our guidmM enjoy one of the state's ; remiere attrac. philosophics are and should be, and

'                                                       tions - the Santee Cooper lake system.

then determme what our goals and directions for the f uture will be. We A fif th area of (on(ern is energy conser- i i mu< t have long range solutions to long. vation Santee Cooper is aircady a i range problems, and a (orporate vision leader in this state in this area. and I j w hich enables us to shape the future. want us to go even further. I want our I ( ustomers to spend no more of their ! rather than just react to a future shaped by othen.. being money on elettricity than absolutely nec essary so they can better meet other Fifty-one years ago. the South Carolina needs. I want Santee Cooper to consider

General Assembly created the South comervation as a resource. just as our l j Carohna Public Service Authority "ft.r generating stations are resources. l the benefit of a]the reorie of South l Carohna and for the improvements j I am pleased of that we will now have the l their health, welfare. and material pros. opportunty to assist citizens statewide

! through our management of the South l perity."I takethat itthat is tmwn5ponsibility very

                                                                           ~

seriously. I feel to move Carolina t nergy Of fi(e in Columbia. ,' Santec Cooper toward even greater it is my intention that this small opera. i levels of service to the peoric of imn will provide large benefits to I this state. our citizens. i l Santee Cooper is not just another elco cWiens of South Carolina expett. I tric utihty. It is a state agency owned by '" ' " ' "" # I'"' " *""## "I"' ' i tion dedicated to the (auses for whic h the people of S.outh (,arohna. It is our duty and asponsibility to foster the

                                                                    "     .""I"    ' ""          ' """ # Y""

that they will get such an operation I c(onomic development of our great Y II " " " ' "" state We must join hands and be part-efforts to further improve Santee ners in progress with all others who Cooper to the ivnefit of our customers. share this reponsibility. our bondholders, our employees, and As our board and management work to the state. 3 l

Further, our favorable rates, the lowest We have a history of helping our in the state and among the lowest in the customers use energy efficiently. We southeast, provide an even better have done this by providing low interest climate for industrial and commercial conservation loans, energy audits, growth in our service area, and are at- various educational programs, and by i tracting an above average number of promoting the selection and use of i new homes, businesses, and industry. energy efficient appliances and con-lhis growth has dramatically altered our struction methods. While these pro-position in the hierarchy of utility com- grams have been very successful, we panies. Among more than 3.200 believe further incentives such as intra-publicly owned electric utilities in customer classification rate adjustments the nation, Santee Cooper is rated may be necessary to promote more cffi-fourth in net electric plant investment, cient energy use and conservation ef- ' fifth in kilowatthour sales, and ninth forts by our customers. With a strong generation. transmission, i As with any organintion, our perfor- and distribution system, the lowest elec-mance is measured by statistics. But in tric ia6es in the state, and the continued this report we go beyond the numbers commitment and dedication of our to examine how we are working to im- employees, we work to advance our prove that performance in the areas of position among the public and private energy, business and economic develop- utilities in the country. But while striv-ment, as well as our ecological, com- ing for advancement, we will ensure munity, and work environments. that every action we take is in the ntet of our customen,

 ,   We will accomplish these improvements
                                                ** P Y' "              n,and &
,    through increased efficiency and citi7 ens f South Caroh.na.

i automation of our system, a financially

sound organiation. a well trained and i motivated work force, and adequate generation with a low. cost fuel mix.

1 Our major challenge and primary goal is i to mainiain the excellent relationships we have developed with our customers. the municipalities we serve, and our J cmpkiyees, bondholders. and neighbor-j ing utilities. We will continue to search j for and test new and innovative ways to benefit our customers and the citizens of i this state. This includes assisting com-i munities to dispose of refuse by using it 3 as fuel for electric power generation, and encouraging the development of energy efficient thermal design . standards for new construction and mobile homes. f i 5

i

1 President's Message i
                                             ;                  Santee Cooper's performance in Fiscal Year 1985 was one of the best in our re-
cent history. From a statistical stand-l point, peak demand increased 10.8 percent, customers served increased 9.0

('1 Y percent, retail kilowatthour sales in-creased 59 percent, and wholesale kik> watthour sales inacaset! 2.1 percent.

Revenue was $11 million above budget.

while operating and maintenance ex-l penses, excluding fuel and purchased power, were heki to $2 million , below budget. 3 The refinancing of some high interest J j bonds and the sale of subonlinated bonds at rates less than expected re-duced annual debt service about $12 ( , million per year. These savings and other performance impnn ements will benefit our customers through a d, lower than projected rate increase scheduled to become effc(tive i President anti November 1.1085, after which no [ Chief ExecutiveOfficer customer classification rate changes are [ projetted for at least 10 yean. However. l for marketing and load use signalling ( l purpmes, there may be revenue-  ! I neutral rate adjustments within I customer classifications.  ! l This year we completed a nine year pn> l gram w hi(h has made Santec Cooper  ! one of the more cost cffi(icnt utility companies in the United States. We  : have reached that position through  ;

significant impancments in the con-struc tion and operation of our generating stations and transmission j a ystem, and through financial and (

, organi/ational restructuring in addition. l employee training and development and f l

the commitment and dedication to ex. l

! (el!cn(c by Santee Cooper's luard of l dire (ton and employees have been im- . portant (ontributing fatton. ' l The (ompletion of our construt tion pro- ! gram, with no additional generation ) projc(ted before the turn of the(entury, will permit the financing of all(om. pany activity through intemally

generated f unds.

i i I 4

I I Board of Directors State Ownership l i Santee Cooper is an eledric utility g-- w hich is owned as an asset by the State j hh * / of Sauth Carolina. It was established in 1014 as the South Carolina Pubhc Service Authority. This ownership is l

      ~
                      - '/                  p1s

( J unique because the state has no inwst-ment in the(ompany but still owns all of its properties and assets. The original h. jM % tinancing (1438 1042) was by a loan anti I

                                           ', q g                            ,     1                      ;                             grant f rom the United States through
                                                      'o jf       .M N                                             the Pubhc Works Administration, with 4
g. subsequent major additions funded part.

Robert S Daus i Thomas Gncr Walter T. Co, ly by esmngs but pnmardy by rewnue Chairman Erst Vue Chairman Sn ond Va e Preshfent bonds sold to private investors. The Chairman E mentus Presalent Gner & Co At ting Preshfent The R L Bryan 'o South Carohna Publit Service Authority Spartarburg SC Clemson Unnersity. Clemson M. qqg g g 33 g g At ts of the General Assembly of South ' Carolina in IC4 for the purpme of l pm i onstrut ting and operating ihe Santee- 1 l Cooper flydroelettric Proje t. This  !

                                                                                 \ g l                                                                                                                                     int luded developing the Cooper.

3 R.+nt D Bennett , Santer, and Congaree Rivers for in-

                       *),                                                                 j                                           terslate and intrastate commer(c; the       l Columha sC                                                                              ,       lohn E Niiles            produs tion (fistribution, and sale of
                                                                                                       ' Attorney -at Law              clettrit power; the re(lamation and BC                                                                                              dumter M drainge of magy and Ibided bnd:              ,

The Aidaman I Ceorge W lones ir and the retorestation ot lands around its  ! Ageno int Buunessman bkes. Originally known as the Santee-wmrg 'C - tons 5C f C r HydMm ed N'aiMion  ! Projet t. t he organi/alion is wmmonly i ref erred to as Santee Cooper. l l Advisory Board Rhhard W Riley ( '; Gos ernor j

!                               f(                                                                                                     I 1 raus Nfedlot k                          i i t nashire B-r-my . , m h'h \-   ,
l. ,. n si gobe,, son Attomey General g p,
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R.'hortson iit Wa9mborii UD""4 Wn m Nt Thomas

                                                           '                           ['                    Wa!terborn 5C l

[ F.nle E. Nfonis Jr. l j 0,mr o nat"'r ComptroHer GenerJ

,               (,coratow n    .f                        '

l usene t o!n n I j l.aundry Irc f . Her essman lohn 'I . Campbed t i Ge i 4rge tow n 5C - Ad Nii n k s ('orror '( bet rdary of htate i 1 1 Changes in the Board Bennett began tus (arcer with cleara H"Id"' "' P" I""' ""d H'It"" H"dd One new board member began serta e Island as the new i hairman to till Davis's u niperatiws in 104; w hen he was and another was appointed by L,over- . uncipired term That term begins July 1, g . g, g, i nor Rit hard Riley during the past hst al lo8s and mntmues until Nf ay 10,1000

  !                                                                 (.ooperahve in Barnwell He held that i

vear' position until ICO n hen he ln ame the lloider w ho ow ns aed operates .cretal Robert D. Bennett ot Columbia et tir t cwntne vi< e pn siJent or the state busmesses in the south and southeast. et utive dire (tor of the South Carohna cln tric morerative ass <xiation. aa,(hairman of the South Carohna flet trit Cooperalite Assosiation for 30 Jobs b onomic llewlopment Authonty. In Dn ember,1084 ( hairman Robert S. . years began a seven-year term July 1. Hc served in tbc $,outh (,arolina i fonse 1084. } hs seat on the board is required D d N wdhomt h- . gg  ; y ,7 g , , of Representahves. was instrumental in , by u n ,o be ndea by a pe,_ n w,a, o b a mn a,e S C nep.utmem,e, sers n e~ elet trt( (oopt'rative et perlen( e Within Parks. Rn reation and lounsm. and was i the state. Gosernor Riley appointed Dwight A. as first (hairman trom 1o07 to lo77 1 0

Management F. Eugene Williams Bill McCall. Jr. Vice President Group Manager William C. Mescher Pr duction Operations President and Chief Executive Curtis L Williamson Officer Division Vice President Robert F. Petracca Clarence S. Grambling "* * *t wn Gn>up Managn Property & Transportation Systems Senior Vice President Charles H. McGlothiin. Jr. General Counsel Byron C. Rodgers. Jr. W. Andrew Burke Vite President John E. Bishop M'"'8" Stati n Construction Controller k,enneth R. Ford J seph P. Thomas Vice President H. Roderick Murchison Treasurer M'"#8" Joe C. Norman Design Engineenng Vice President Arcada NkCoy Corporate Secretary Robert E. Rainear Manager Vice President Albert Boyt. Jr. Human Resourses Robert V. Tanner

                                                                 ""P '"'8"                                                      lerry L. Stafford Vice President                                                                                                                 Duedor Corporate Communications
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Power Supply ~- - c' , The installation of remote terminal units .(. .o in five major substations during FY85 further increased the capability of Santec Cooper's Supervisory Control - and Data Acquisition system in the,

   ' nergy Contral Center. With a co.n-puterized system w hich is the heart of                                                       .               i the control center. dispatchers more effi-                                                                           -

ciently operate the power surply " l 6 ; ', system. This enables Santee Cooper to meet its load requirements as etonom-

                                                                +!                                                    ,

ically as possible. 5 r This system aiso impros ed reliability of - 5 the transmission network by allowing '; j" , the dispatchers to remotely operate l' the substations. This significantly re- _ w w-duced the duration of interruptions , to customers. .- Santee Cooper di'ratching personnel purtbased 70.047 meganatthours of power fro n the mten onnec ted utilities in FY85 to displace higher cost genera. tion for a savings of 92.355 851. The dnpatt hing personnel also sold 101 041 megawatthours et power to the inter. tonnected utilities for a total of

     $5.o87.382. This Provided additional                                       .

revenue to Santee Cooper and enab!cd  :

                                                                             ., , 4 the interwnne(ted utihties to redute their power owts.

Nudear lbwer c. The V.C. Summer Nutlear Station. jointly owned w ith South Carohna Elec.  % . tric and Gas Company, provided more *M"  ; 3

                                                                                                                                                        -[,

than 1.5 million meganatthours of elec. xl . y- . trical energy to Santee Coop ri ' ' (u'tomers during Pr 85. This was 14.5 ,'q, 1 a percent of the total energy deliveries - I g 'M tluring the year. Smte noticar fuelis $,'@jD'  : about one fourth the uwt of fossil fuels. 's

  • savings to t ustomers were more than  ?
     $22 million for the year. The nuticar                                            ?, j
  • i m J station had a(apatity factor of almost  !*

e0 pen ent. . [

                                               ,A                                I       >\                .
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During the Fall of lats. the station ;pgh ar;p paa,o co,oafm, statn Chn~torle T,mlL sm,I IIn ant Ilolt unlust ~ta.L tot, Is a, w underwent the hrst refueling. This in-volud replatement of about one third of the initial uranium - which had of (oal to generate that same amount of Transmission been partially depleted --- with new pow er, b'"I'" C,""P"' ' ' "'* i"I"" 'Y C

  • uranium to support the next (ytle .
                                               .I he S.ummer Station is s( heduled for its                                              wnsists of appnnimately 3.235 miles of of opvation.

se( nd n fueling in the Fall of 1085. line and 53 substations and switching T he Summer Station generated 8 c28.118 C hanges will be made to the nudcar stations with voltages ranging fnim megawatthours of elettrkity duringits fuel to ntend the interval between 34.000 to 230Ax)0 volts. Transmission first (yde of operation one third of refuelings from about one year to 18 tauhties are hx ated in 38 of the statei

 ,    whic h w.w delivered to Santec Cooper's   months. This will redut e the f requent y                                                40 t ounties.

(ustomers. The wrnpany woukt base of planned outages and inacase on kne ore dun 10e in@on nu gawanhoun used 1.I milhon tons or 10.500 raikars time available for power generation. 10

                                                                                                                     ^

2 l Newberry was placed into service in l June,1083. Seven transmission tap lines

                                                                                                                                                     '- % . .. ,                                                                   were construt ted during the year along NsW                                                      with two new nibstations and major additions to four other substations. All sulwtation wnstrut tion and some
        <                                                                                                                                                                                                                          transmission line wnstruttion was per-formed by Santee Cooper crews to climinate wntrat t labor and retf ut e wsts.
    >                           *w '.%                    y       .,       .

2 b- j Station Construction Nk , . %h } .:

                                                                                                         .m                 ...p..                                                                         l                       Ettorts were diret ted at various construc.

tion projetts. resolution of wntrast fg" py'j - x, Qf"t , ,- T; {f} . L ;, , p.f . %. . d . t .N.- w4: c *, 2-

                                                                                                                                                                                      % . . .                                      disputes, and performante testing of jk. J[J ? 1 i            3 x.'y, j                               .-               i-                                                      <          .j                      Y             ,

equipment for final aucptante f rom tFe Q,

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                                                                                                                                                                                        ,             4                            supplier wntrat tor. The an hitettural .

engineering firm for Cross '84 was F. '4 .

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i i .L released. and all wntract administration y i . .. ; fl' [; *[/ %D . ~ J' [ , ' [. . e J (( and associated finant ial auounting ac. J: I

                                                                                                                         ;}                       . ,t .                    .
                                                                                                                                                                                             .f          '

tivities were handled by Station Con-

                                                              ?'                                                                                                                                                                   strut tion personncL
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3r T * , !?i' ~ f@ J ; k,.?.,-J * *** Final site work at Cross Generating Sta-i;,,,. gh 5tb jp A c 4, 3 .%

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                                                                                                                                                                        .-            y..,

UE. tion was wmpleted.1his included wn. h]g

                                                                                                                                                ~

L ((,* (( ' ~ M.y.[(3, , [ .; t rete and a'phalt paving of roadways ak 7 W D >3 "1 R.. - and auess areas. installation of a

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drainage system, grawing of open areas. d

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{. y, and secunty tenung of the atlive

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station site.

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and steam generator rescaled wntrat t 1 Q .=.; % , . j_ G.( , f . ' : M " ^ f guarantee detitienties uhit h must be

  ,[                                                                                                       '                              -
                                                                                                                                                                      ' l e en . . -                                               resolved by equipment supphers.

m [ b The Cross '84 wnstrut tion budget kW.;y/m: h ie t

                                                                                                                                          ~

0 1 was redut ed from $385 milhon io $373

                                                                                                          -                                 4                                              th                                      million betanse of budget underruns.

3 MU ,?,'[ With a detlared tapauty of 4N

                                                                                                                                                            ', M [N p ?

megawatts. this unit was bu:lt for $731 4 9,'- per kilowatt. w hii h is the lowest in-t ..( (w Aj' c stalled wst of any similar si/c unit ton-g l~,. O strut ted in the United States.

                                                                                                                                                                .9.p.m.y.e vp;A.jp .@.                                                          Several proic(ts wmpleted at Winyah p 7.: " " '

Q raMWim in&dW bwmd. g, ing tower make up pumps and

                                                                                                                                                                                .-                 as a                             work platforms.
                                                                                                                                                                                . - gue -
                                                                                                                                                                                                                                    /\ Icasibillly silhly Was ( tIridut ted ()n m:vt.dpthm                                                                                                                                                                                                                      upgradmg Winyah No. 4 tjue gas desulfuri/ation plant to inucase its rehabihty and deucase operation and of elet triuty were dehs cred to about                                                           During the past year three cle(int maintenante wsts The study revealed 440 000 ( ustomers aithm the state                                                              < ooperatis e dehvery pomts were added signific ant improsements mukt be either diret tly or indires tly through                                                          to the transmission system.

made. and proin t planning and Santee (,ooper transmission fauhties. A loop leed transmiwion system and engineering was begun. This intluded power pros ided for two the abihty of transmission uews to per. - munitipa!!tles. three mlbtary InstJlld /\ mJH)r rein till of D.inyah N,o 2 S. team form most maintenant c work on ener-i tions 20 large industnal t ustomers. and Cencrator was undertaken to int rease gi/ed ar( uits provides 5antee t,ooper 15 of the state. s 20 eletinc woperatises steam temperatures Work was wm

                                                                                     .                       t ustomers with s ery rehable sen a c.

sened through 202 dehsery romts. T he pleted in June with testingand evalua-w-ops serve appn nimately 200 000 The new 3 mile. 230,000 volt hne tion w heduled tor luly. customers in South Carohna rural areas. from the Rnhard it RussellIbm to 1I

f.

                                                         ,c
                                                                                                                               ;. . ~                                     yJ                                              s f'k-.. .                                 .                                        ~

A Kentucky based company seletted a . . site adjacent to Winyah for a proposed * * ^ 10-acre greenhouse operation. 'l he firm ' f 9 will use residual heat from Winyah's u.c * . . cooling water as an energy sounc to

                                                                                                                                                                                                            ~                                                 '

meet its winter heating needs. Station - Construction provided tethnical assistan(c con (erning waste heat use

                                                                                                            .y             -
                                                                                                                                                                                                                     ,                                       i dunng negotiations with this company.                                                                                                                                                                                                                .

Planning, design. engineering. maten.a l s . f. . procurement. and construttion manage- t

                                                                                               ..                                          M' ment for the piping system will be pro-                                                                     ?.,

vided by Station Construs tion. # *# - Production Operations ^ This is the first year in the lo80's that .- Pnxlut tion Ch'erations was not prepar-ing for or attually starting up a unit. and therrfore etforts were concen. trated on enhanting the operations of c'tistieg stations. s* :1;,,. +

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7. .

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A new computer system was installed at Jetferies Cencrating Station for more

                                                                                            . . .~

Ea(2d>Ne 44. d E[ h/hM. IN6: . h :, P/ . !N.d N $ N Y'$ U . reliable (ontrol of the hydro station and g y '[k e.. yg improved monitoring capabilities in the pgg . _ .y ,

                                                                                                                             . y - .9.,7 E,?! g'                                    ,te ;yf!p. -                       (., ) ' '
                                                               &77 e.: : # ( .

steam station. This will impnive the

9. ~ " ^ ' " ' ~

l overall operations and etfitiency of the f.' p > i Vv9p ' - /N D i. - - 0 '

  • M Df g.),

units at let ferits. .. . The stations' warchouse pa.ts have been , - - catalogued and computeri/ed. This was l

                                                                                                                                                                                                                                     % 01 9 a big task bec ause some stations have ur                                                                                                                       -
                                                                                                                                   #*                                       .tp'       .
                                                                                                                                                                                                            <.4                               9-:.

to 30 000 ditterent types of parts in the warehouse The organi<cd warehouses 4 e ,

h
                                                                                                                                                                                                                              ,y
  • p '?d

< have enhant ed servit e and nsponse :3 .

                                                                             @-@.qq               3 '.             n. .                -
                                                                                                                                                                   - *                                   .-        +

time tor maintenant e personnel. .Q.< - ( 4.p . y .73 4.,. 4 3 , yt

                                                                                                                   .                         >              a                      > . .e .         . v. ,
    'Ihe coordinated maintenant e system
                                                                                                                                   .if i-]                                          - 'j(-             8hp 6    has been modified to meet the speutic                                                                                                                J              . l      yf          g 7 9~ f                          ,

needs of the stations. The new system  ; . :- gives quit ker nsponse to the station --

                                                                                            .sg               4,.

l maintenant e needs and also impnwes . . . y { .... o . ..h .

maintenant e retonis. With better i. L. L w. (.&

ret onts. a preventive maintenant e pro- ' (. . ., "' gram whit h is being planned w ill im. .i(

                                                                                                                                                                                                                                           )y prove station equipment stat us and unit                                                       .

availability. A goals program has been established to , [ improve operating et fit ien( y.  %, .q maintenant c. unit availabihty, employee . safety. and station appearans c An et l%tnlmti,m Imr l>ny npuule.lat ikcip I,!.vul one cf II:e la~te~I grc.curg ,or.r, m Sv:ta Goro ; ~an, amination of Santec Cooper's gener ating stations screals that personnel are wor king hanl to at hieve these goals. In url Generating Cmt KWiliCents KWIh IY Dec ember.1085, the hrst annual win- 'd P 4 tr3WJE ) (I) e re m a i w ners in the goals program will be <y M"""'""""~"- -

                                                                                                                                                                               =-----                                       17 o) announted.
                 .                                                                    rsre ire - ammum- - - _ _ m -_m23
                                                                      ,              pg g gj s .c INr       g ,             g i

12

[ .- -

                                                                                           ^

j l (hawd as a future generating site. This will enable Santee Gmper to respond to g' f 3 d future grow th and improve the economic NY- ~ , m i)j environment of this area. The Compliante Testing set tion per-ea forms air quahty monitoring to ensure (ompliante with all applicable air s regulations. During 13 85 various tests

                                                                 'h ;.                                         were (onducted to determine emissions levels and obtain new operating permits.

Auertante tests for new or mtxhfied emissions control equipment were run to determine equipment performan(c. Through documentation of heat rates and highlighting potential improvement of unit cititien(ics. performante testing helped lower fuel requirements and redut e emissions. Up-to date heat rate data wcre developed for eat h (oal . TyW1M?s r - firet! unit.

             +x         ~_xc : -
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- . 6%;.+.'% N-?.f-h Mw , , ' -- av A v~u -

                                              -:<cu a                 "

Engineering has maintainett environ- - _- m mental protet tion and the aesthetic ap- _. -~ -- real of transmission, thstribution. and substation fauhties as they are con-strut ted and plat ed into servit c. This t'i was au omplished by (onstrut ting tatihtms a ha h minimi/c ennion damage and cause the least visual im-

                                                            ,                                                  pat t. High density population areas are avoided where russible, as are open ce panses of land. Woodeti areas and of her terrain providing higher ( ompatibihty of the facihty with the environment
                            ,                                                                                  are owt!.

When it has been nec essary lo c onstruc t

                                                 .i                                                            fa(ilit es near homes. businesses. and other highly visible areas. Other g1                                                                      methods have been useil to obtain
                               ,,                                                                              pubbt aucptan(c. Natural wntounns and g. ass wethng are used to prevent or redut e crosion. Shrubbery, t rees. and underbrush have been used to sueen the lauhties f rom pubhc view.

Design standards have ( hanged also to retin t the inocasing environmental

   . . y-"-g wniern stru(tures of simple visual mt.w L nx one mm:h n er Itll % Iwr ac,I thllv M Call.                                                            design sut h as sing!c pole. tubular, and wide.tlangeionfigurati ns  o are built in-Production Engineering                                                                                   *ad of lauit e ihsigndonipahble ant!

wlve ha/ardous wastes. at id rain. new uniform (oloring of strlaiurcs and governmental regulations. and water [nvironmental impros ement is a buihhngs has het ome sery important. quahty. N,ew site sein tions f all w ithin keystone of Ibf ut tion Lngincenng low protile and wmpa< t thsigns have this group - with the as% iated en fat h sn tion - environmental engi- been inocasingly uwd to make fat ilities vuonmental impa( t st udms. f ederal and . neering. wmphant e teshng and perfor- less obvious in the lands ( ape. T hese state environmental pernats. and p<~ man (c testing - is thrn fly or inthrnlly measures are part of an oserall etfort by sible plant layouts. wnnnin! with that nsponsibihty Santee (,ooper to mamtain a good A 100.aoc site ads ent to the Savan- neighbor relationship with the general Environmental E.ngine( nng programs in nah River in la'irr Cotinty was pur- public. U

llinstr ut tiiin is the satt t\ ant! 1hilfitenJf 4 t t it '"< t ' t hJ P 4 2 T ilCs i nt tidnis afS}(Ilkts P t t i r ',t il n g t th ' \lp t e t ' k k k \  %.. k k .k i e.  % a i  %

                                                                                                                                                                                                                                                                                               ~

l'!( iles ? Ne pt if t' the f'e ' it '!J, E '!t'f g\ Regaidh 4 \ l (i!!Pl> . in f I Sl anti in (!cprnt h n t t i itants ntin Jti 'i lat pfi t u !'!!r n ' .ite silIJ:"ta.ptil s 't " pi a

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The title ' General Maintenante" was t hangetl to " General Constru( tion" to better describe work accomplished by this group. whi(h was also made part of a new division when Engineering and System Operations were combined. This ster ensures that past performan(e in this area is maintained under a (on-tinuall iespanding workload. New titles in the sec tion better Y t harac teri/c the work performed. Dams i and Dikes inspet tion and Compliant c has been developed to concentrate specifically on extensive testing and monitoring required to ensure the saf ety of the Santec Cooper (lam and thke system. Lake Marion Constr uc tion is (learing a (ontrolled drainage area and in3m tion tone dow nstream of Ihe 40 ,. Nor th Santee Dam, and (ompletion of this work in late 14e willlv the last of a series of clearing operations behind the

                           ,q        -

tour major dams on the Santee Cooper l'roict t. In adthtion. this unit is undertaking more of the(apital(onstruttion work w . assigned to general c onstru tion. This includes (learing. grading. and site preparation for substations ant! swit( h-ing stations. Lake Marion Maintenan(e. while performing many of the same duties and overseeing spillway opera-tiorw. Will( ontinue to maintain the

rcocce m::! et cc;c St S!rrior f ly.iv stahce. to 17 crouloi to".'h !? navigation system of markers and buoys lot ated in bot h lakes. Mist ellaneous Const ruc tion Scrvic es is t ondut ting t onstru(tion projet ts required in upgradmg espanding, ant! maintaining
                                                        ' ',,7 7                     N.~, . l         'y"         the Santec Cooper sydem. int luthng the
        <,,o     a-                  ,                   , - , -         ,,                ,            oa.      < leanng. grathng. toundation wor k. ac.

Winyah ((v road installation, and site prepara-Steam #1 Georgetow n 270 Coal 1975 231 tion for new sulwtations and swit(hing Combustion Myrtle Iurbme #3 Beai b 30 ( hl 1976 90 , Wmyah Steam #2 Georgetow n 270 Coal Pe77 271 Combustion I hlton - [urbineMI } { cad 57 ( hl l979 l72 Wmyah 5 team #3 Georgetow n 270 Coal UJ80 418 Winyall Steam #4 Georgetow n 270 Coal Uml 407 Summer Nu< lear ' Parr 300 Nut lear 1983 l 091 Enws #2 Cross + 49 Coal 1981 712.

          *1 u ludn nnanong o,sts
        * *( h.c flurd ow ne rd :p borg a unth i on -truc te d with Ninth ( ariina l b i hi. 4 ( as ('o 15
                                                                                                                                  _ y_ _ _ _

t i South Carolina's Future I - Tied to Economic Environment E Like an unseen workhone. elettrie power flows with a mere buzz into g h;- substations attat hed to manufactunng  ; plants sprinkled over South Carohna. B V t . For tens of thousands or people in

  • Santee Cooper's servic e ter ritory. this is where they go cath day to make their

[ t=- s livehhood. They help form molten ore [ into miles of nids and wire for wntrete [ reinfon emer! and oils. They take a  ;"' maze of electnc wmponents and sheet ractal to form water heaten. And they run the ma(hines ahi(h thew up wotx! _ pulp to make the paper we wrap nith and write on. Here. the elet triuty wmes in and something very ditterent wmes out. During the day. and sometimes around the t hx k. a s hema al to make plasta wla bottles and polyster material is shipped. Giant roih.ot redaimed aluminum leave te es entually bet ome storm doon Tiny (erama (apautors are tested to mJke sure Ibat J military fighter jet perf orms a. it should when a - sw ilt h is toggled Ihrough the lobs dn cloped by thtse in-dustrial giants the htesti esl of the state's uti/ ens hase thanged for the bettt r Ihe quality of hte he improsed hetause a corporate neighbor has set up shop to use a hx al labor ton e and support a growing number of spm -otts - trom banks to restaurants lhelas ba c broadens for the wunty wrnerneti and the lot aliommunity benefits f rom an int rese in human re ounes for < hambers of wmmt n c. h w al gos ern-mert and e iva and sen a e a lubs ~1he benetits cx tend to penunal hves. %ntheni thu ulture Mmago Du,mnt flamell.fr.smd benemu Drt vierment Mar L<tmx Cecn! mater ClrarIr About 40 000 people are wned diret tly by Santee Cooper or through the 15 elettra moperatiws who brought hght to rural South Camhna f armers Economic Developmont grow th and expansion throughout the Cities pun hase power w holna!c, s.o that state in add tion to Santee Cooper's g .g nsidents e an take advartage of emnom servit e terntory,

                                                      , gg;        g g,          ,g g aally produced elntriuty. And three ilustrial. wmmen sal. and business                T he study, which was mnduc ted by a maior mihtary installations on the wast drpend upon the mmpany for rehable i         l                   b Uh dWddWm marketing plan was wmpleted. It pro-              tional experien(c in emnomic develop.

delivery of power to meet thrir mnsions vided an audit of the company's(urrent ment. provided the m. formation that of rational deteme. Emnomic Development l'rogram. wm- helped Santec Cooper embark on a

'ict whether it simply throws hght on an       pared it to programs clww here in the             new, much stronger, mu(h more ag-otherw ne d.u k street or helps mes Pro.        iountry anil made rewmmendations.                 gn3sive marketing of fort, one that is dut e a pn xlut t wnsumed all over              T hese rewmmendations identifict! more            untler a sing!c. unifying theme that Anx nia. it has improwd the quahty of          than a half dozen potential market areas          in(ludes hical, national, and interna-hic for all of us                              and highlighted a variety of oppor-               tional per pc tives.

tunitics for attra( ting industrial 10

                                                                         #                                        j Where The Power Goes I

a- RetailCustomer Area q: a .

  • Arcadian Shorn Wauamaw Net k i Atlantic Bem h Nfont ks Corner
                        ,                                                                                         j          Bonneau 9exh                Nf yrtle Bexh 1                                                                                         '

Brianhtfe Aues N. Nfyrtle Beath i ~ j Conway Pmopohs

                     ;/                                                                                         . e          Garden City                 St Stephen 9 -                                                                                       j            loris                      Surfside Beah J      f                                 N11litary InstJllations i           Charleston Air Fone Base

{_ L! Charleston Na alShipyard

                                                       .                                                        l            Nfyrtle Beah Air Fone Base Industrial Customers                            l AinoCarlen Ain o industnal Cases Albany International. Inc.

Albnght & Wilwn. Indformerly Niobil Chemnal Company) Alumas of South Carohna. Inc. Amoto Chemaals Corr Andrews Wire Corp A O. Smith Corp.

                                                                                          /                                 AVX Cerama s Corp.

l C R. Bard. Inc

                                                                                    &,                                      Georgetown Steel Corp.

I. Georgia Pa itn Corp

a. Giant Ibrtland Cement Co
                                                                                                     /*                     Cnne Nffg Co
                                                           ,                                  f      i^                     International Paper Co kL                           '

lorn Ntig. Co.. l m / i "

                                                                -           ~
                                                                                                      -d                    Nfaalloy. Inc q               -. E               >                                           a                      National Welders
                                  %l         ,                                                           c                  Plusa ini.
                             . *^            U Santer Ibrtland Cement Co.
                              . .                                                                                           Uniroyal. ino UniteJ Nfen hanh and Nf anuf a. turers inc Wau amaw Clay I'rahn is Co hm Walter Nfetah Corp.

Wellman Industnn. Inc N1unicipal Distributors Bamtwrg Georgetow n w Electric Cooperative Distributors *

           'l Aiken f lei tni Ca pe,atne hmrurs at uit cf grernlicant scrr:pln n,org Samict Ccern resisluallwat.                                                    U' L'h'YI In t C'*rat W' Bla k Rner I.In tra Cooperatne Coastal Ein f ra Cixveratne lifato Iln tra Cooperaine Fairtw!J F in tra Cinveraine Industrial prospec ts are being reac hed                     tee. . And N1 ore." The promotion pn>                     Horry t in enc Coormtwe with a much broader spectrum of sales                        gram defines Santee Cooper's strong ally                    .yni hes Rner fin tra Cooperatne
                                           .                            .                                                   Nf arlivro f in tra O x ycratar tools and tec hniques. These include a                       relationship with other state agencies Ntal C,nihn.i lin tra Ca veraine wide assortment 8 advertising medlJ.                         Jnd organi/ations which pnwide essen-                     Newberry Iin tra Civreratne editorial placements, and direct                             tial resoun es and advantages to firms                     Palmetto f in ent Coopmene marketing tec hniques suc h as industrial                    c onsidering opportunities for locating in                 P'c ore rinin Carnatwe trade shows, tie-ins w ith convention                        South Can> lina. In essence. Santee                       S'" ' I" '"" ""rcrat ne in ( ounty l in f r a ( imperain e facilities and direc t mail.                                 Cooper has a lot more to of fer ihan long-                 .,s,_,      ,,,,,,,,,,,         ,

term, low unt ele (tric power, whic h is S.antee Cooper, in its new mark cl.ing the message being sent to targeted in-program. extends the wmpany's a>m-mitment for improving the quality of

                                                                    " "esan en erpriws whocan criefit I" "" '. '

life in South Carolina and uws the theme We Will Give %u The Ch>wst Thing Wu'll Ever Get To A Guaran-17

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l t P l. t jbi e ' 1 l l' I i 9 3.. t f 4 I U

Energy Sales

                                                                                                                                                       .st the end or the nsui scar santee

( ii per t n as pn >\ kiing cic( tr n al ser va e

                                                                                                                                                     'i      i    ~t          %) rtwiential i 'm mer t lal and
m. other mtad rtomers an m<rease ot f' ] , j j g ,,r a pen ent (iser the previous N Ud t '

s car ( h t his mt rea'c 414 4 were ,n >:e. 9 -t d.

            'f M ' -                                                                                                                                 resalennJ! Jnd l d05 h ere (om mert ia!

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                                                                                                                                                     < om n crt ial and < >ther < ustomers Ihe
                   - - - mwm .x                                                                                                                      os e,u,m tn m,e m nem ustome,s
                                              .[ ,Nns d          (

f% g~ ff02 , ,~ u as la : pen ent iess than the 10 ; per-it..  ;  %, h-

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                                                                                                                                                     ' crt gnin th rate the preVhius VeJr
             . 'e sp   h                                                ' I' ' I * '                         'h    '                              '     "'UCT J'       y   Qd                                            i 4 40 m mi ganatthiiur' up , a per mg. g'
                                                                                                  ~

cn t < >\ il t he prei ius si at I his

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                                                                                                                                                          + ti .mcrs do case. ! t< > I I e"o kih u att to                       4 4 ;'c' e nt hint'r than the

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                                                                                                                                                                                             ! I i'5 lN*n t'f1I filKbt'f 'harl Ibc pres r w \ car but t 4 pen ent h suct than th                  at o ,na! m. e rage l f 's           li t r J m's                b t i 4 [i t in t 'r ti it ha l1 t t 't '

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                                  ..             4   -s    +
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                                            + .' On         '
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                                  % #W$ 942 W44Dr't*.b %Vhdtgeotg'WB4%e&dWWMd9.V;A%f Rh%eWISTt/4
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u (h crall energy sales to Santer ( ooper . ', : .1 (- -..t. - ,. - .- - ,' . - ~. w-

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a ~84 420 megawatthom to 10 22e 181 - w.- - ,F i - eu 's c .' .,

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                                                                                                                                                                                                                                   .i        ,          . [ f Y                                           ' Y.-           ?                      +                              . '                   ,.                      T mand of 1810 megawatts the                                                                            y.                                            /P'.'                                                                                            * - -"                                                                             -

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       ,r a survey b\ Ilunn a Budstreet                                                                    h,iusehoMs en ecdni the !cadmg                                                                                                                                          . ul < ush ,mers and the ute or f uture

( orporat,on netropi > hun are of Austm Icxe gn w th is expci ted to un rease Ihe r O$ ) ,I Id ! f h. [l u I[I It '[ t If ( ( a'i f (%f }}{'[s l() l[]( [('ds(-( i Tt prewnt appn nimatch 4 000 yngle i 2 i pen ent to 4 ~-1

tamdy hi>mes me r 'me uge i st I ht re are sc\ cul new gi di i , >urws a gniw th i 4 de\ t h >pmer i ah !;g the "un ir sh< fpmg mah Jnd t 't her smJI!ct -Q M w d h d l m ( <Mm bm M

( , rand strand sh p pi v , enter,under<,,mtr ,en,n metenam e undemround wn u e e h " '" uU I 'l' lYI' ( )nt- (II t bt nat;lin s lcading pn y t f t; } h(> \ j c qu h s ( < g 73 y q.77 j( g. 3 7,.,, . ig 3 ntic msurers unled \1yrrle Bo h a the "'"' one arm t ment < omp!cx one y , ludes the munn ipahta.s of \1om L s

                                                                                                                                                                                                                                                                                   '""             "'"*P                                               ""d"""" *""O most ai rn e on mcto r hun arca m                                                                   ( < n ner m Nephen the i ommumtics or                                                                                                                                                                                                                                                                                            i the ( ountry m terms of the ratio be                                                                I'mopole Bonneau Beat h and I ions                                                                                                                                      ( arohna %to nuil Bank m 5t 5tephen                                                                                                                      I tween the number or houung umts                                                                     Beat h as weh as s< >m" r um) areas 20

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                                                                                                                                                                                                                       \huc t!ur < ' '                                 i s      dent d em rgs audit' acre pn n i d

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