Southeastern Development & Utility Co. v. Board of County Commissioners

SCHEB, Chief Judge.

Southeastern Development and Utility Company, Inc., challenges the trial court’s order setting aside a rate increase which the Board of County Commissioners of Sarasota County had granted it.

Southeastern is a privately owned water and sewer company in Sarasota County holding a franchise which was granted by the Board and which is subject to county ordinances. Section 6(g) of ordinance 72-64 provides:

The board shall fix and determine a rate which allows for reimbursement of operating costs and a fair and reasonable net return on the original cost of a system to the person…