Our corporate headquarters are located at 664 Churchmans Road, Newark, Delaware and are owned by Artesian Water.
−Removed: The Company owns approximately six acres of land in New Castle County, Delaware zoned for office development and two nine-acre parcels of land in Sussex County, Delaware for water and wastewater treatment facilities and elevated water storage.
+Added: The Company owns approximately six acres of land in New Castle County, Delaware zoned for office development and two nine-acre parcels of land in Sussex
+Added: County, Delaware for water and wastewater treatment facilities and elevated water storage.
The Company also owns an office facility located in Sussex County, Delaware.
−Removed: The facility consists of approximately 10,000 square feet of office space along with approximately 10,000 square feet of warehouse space.
−Removed: The Company owns land, rights-of-way, easements, transmission and distribution mains, collection mains, pump facilities, treatment plants, lift stations, treatment/disposal facilities, storage tanks, meters, vehicles and related equipment and facilities.
+Added: The facility consists of approximately 10,000 square feet of office space along
+Added: with approximately 10,000 square feet of warehouse space.
+Added: The Company owns land, rights-of-way, easements, transmission and distribution mains, collection mains, pump facilities, treatment plants, lift stations,
+Added: treatment/disposal facilities, storage tanks, meters, vehicles and related equipment and facilities.
The following table indicates our utility plant as of December 31, 2022.
−Removed: Utility plant comprises :
+Added: Utility plant
Estimated Useful Life
16 unchanged sentences
Less – accumulated depreciation
−Removed: Substantially all of Artesian Water's utility plant, except the utility plant in the town of Townsend, Delaware, is pledged as security for our First Mortgage Bonds.
+Added: Substantially all of Artesian Water's utility plant, except the utility plant in the town of Townsend, Delaware, is pledged as security for our First
+Added: Mortgage Bonds.
As of December 31, 2022, no other water utility plant has been pledged as security for loans.
Two parcels of land in Artesian Wastewater are pledged as security for a loan.
−Removed: We believe that our properties are generally maintained in good condition and in accordance with current standards of good water and wastewater works industry practice.
+Added: We believe that our properties are generally maintained in good condition and in accordance with current standards of good water and wastewater works
+Added: industry practice.
We believe that all of our existing facilities adequately meet current necessary production capacities and current levels of utilization.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.