RACMP Enterprises, Inc. - Page 3




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                                  FINDINGS OF FACT                                    
               Some of the facts have been stipulated and are so found.               
          The stipulations of facts and the attached exhibits are                     
          incorporated herein by this reference.  At the time the petition            
          in this case was filed, petitioner was a California corporation             
          with its principal place of business in Gilroy, California, where           
          it had a small office and an equipment yard.                                
               Petitioner is a licensed contractor in the State of                    
          California, holding a class C-8 license to construct, place, and            
          finish concrete foundations and flatwork.  The term "flatwork"              
          means driveways and walkways.                                               
               Petitioner used concrete, sand, drain rock, and various                
          hardware items (wire mesh, rebar, anchor bolts and rods,                    
          holddowns, P.A. straps, column bases, post bases, and drain                 
          piping), to perform its contracts.                                          
               The concrete, sand, rock, and hardware items were delivered            
          to the construction site, not to petitioner's equipment yard or             
          office.  The invoices show that during the year at issue, the               
          cost of sand was $6.50 per ton and drain rock $11.65 per ton.               
          Occasionally, when the construction site became congested,                  
          petitioner would put some of the hardware items in the back of a            
          truck, store the truck in its equipment yard overnight, and                 
          return it to the construction site the following day.  Petitioner           
          had a metal storage container similar to the type of containers             






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Last modified: May 25, 2011