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<br /> 6. (Continued) <br /> The applicant proposes to establish a water conservation <br /> and surface water development fund to enable the utility to <br /> participate in regional type projects to include such efforts <br /> as recharge enhancement, water conservation, and surface water <br /> development. This fund will be established by escrowing <br /> quarterly an amount based on $0.005 per 1000 gallons of water <br /> produced. The fund wi 11 be available to contribute to regional <br /> water conservation and surface water development studies or <br /> projects when they are initiated by the Edwards Underground <br /> Water District, or such other regional authority as may <br /> designated by the District. <br />