Questione giuridica chiave
How to interpret 'total costs' in § 9(3)(a) of the 1961 water concession.
Decisione estratta
'Total costs' means the full maintenance costs before deducting cantonal subsidies.
Motivazione estratta
The wording, context, and trust-based interpretation favor the ordinary meaning; the cantonal grants are general contributions, not specific deductions affecting the concessionaire's fixed percentage.