BEFORE THE WASHINGTON UTILITIES AND TRANSPORTATION COMMISSION

In the Matter of the Application of )
Stephen L. Harrington and Andrew Royce, )
and Far West Industries, Inc., ) DOCKET UW-000510
for an Order Authorizing the  )
Sale of Property by Stock Acquisition. ) ORDER GRANTING 
   ) APPLICATION
 )

BACKGROUND

  On April 4, 2000,  Stephen L. Harrington and Andrew Royce and Far West 
Industries, Inc., filed a joint application pursuant to the provisions of 
chapter 80.12 RCW for a sale and transfer of stock for the Timberline Village 
Water Company, Inc., (Timberline Village).  Timberline Village water system 
serves approximately 193 customers east of Packwood and is located  in east 
Lewis County.  

  Timberline Village is a Washington corporation formed to act as a utility 
company.  The joint application states that Stephen L. Harrington and Andrew 
Royce (prospective buyers) own and manage several water companies with 
experience in the water business. 

  Current rate base of this water system is calculated to be approximately 
$77,000.  Prospective buyers will acquire all outstanding stock of Timberline 
Village for $72,000, payable at closing.  In addition to the plant and 
equipment, the seller shall transfer title to real estate known as Lot 33 of 
the Plat of Timberline Village Summit.

  The prospective buyers state that the benefits of this sale include expanded 
financial resources and water staff experienced in water system repairs and 
operations.  Timberline Village water system rates will not change as a result 
of this sale and any future rate changes will be reviewed by this Commission.

  This Commission neither approves nor disapproves the reasonableness of any 
fees, charges, rates, or accounting allocations involved with the proposed 
arrangement and reserves the right to review those fees, charges, rates, or 
accounting allocations in a future rate proceeding.


FINDINGS

  THE COMMISSION FINDS:

  1. Stephen L. Harrington and Andrew Royce and Far West Industries, Inc., are 
Washington businesses operated as public service companies subject to the 
jurisdiction of this Commission under the provisions of chapter 80.12 RCW.

  2. As to form, the application herein, meets the requirements of chapter 
80.12 RCW and the rules and regulations of the Commission adopted pursuant 
thereto.

  3. It appears, upon investigation, that the application for sale of property 
by stock acquisition is reasonable and consistent with the public interest and 
should therefore be approved.

O R D E R

  THE COMMISSION ORDERS:

  1. Subject to the conditions of this order, Stephen L. Harrington and Andrew 
Royce, are hereby authorized to purchase, by stock acquisition, Timberline 
Village Water Company, Inc., from Far West Industries, Inc., pursuant to the 
application of sale of property filed with the Commission April 4, 2000.

  2. No material change, revision, or amendment to the application and 
agreement shall become effective without the Commission's prior written 
approval.

  3. Stephen L. Harrington and Andrew Royce shall file with the Commission 
within 60 days after this effective date of this order, for its prior written 
approval, the journal entries by which they propose to record on their books 
the sale of property by stock acquisition authorized herein.

  4. The reasonableness of any fees, charges, rates, or accounting allocations 
involved in carrying out the provisions of ordering paragraph no. 1 of this 
order are neither approved nor disapproved in this proceeding.

  5. This order shall in no way affect the authority of this Commission over 
rates, services, accounts, evaluations, estimates, or determination of cost or 
any matters whatsoever that may come before it, nor shall anything herein be 
construed as an acquiescence in any estimate or determination of cost or any 
valuation of property claimed or asserted.

  DATED at Olympia, Washington, and effective this 13th day of 
September, 2000.

  WASHINGTON UTILITIES AND TRANSPORTATION COMMISSION




      MARILYN SHOWALTER, Chairwoman




      RICHARD HEMSTAD, Commissioner




      WILLIAM GILLIS, Commissioner