20140506Notice of Activity.pdf

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NGVIEW WATER COMPANY
3996 E 200 N
PO Box 598
Rieby, lD 83442
PH 208-745-0029 mo rningviewwate r@gma il.com FAX [phone]
May 1,2014
reanrewer l'l NV -W' l'l-D I
Idatro Public Utilities Commission ;'-{,
P.o. Box 83720 . "^it64i/
Boise,Idaho 83720-4074
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L-RE: Moming View Water Company- Order #31061 -Updated IDEQ Loan Agreement and AdditionalRequesf ( " u-W4o-o4
Dear Ms. Jewel, \
The Morning View Water Company would like to forrnally request approval from the Idaho Public
Utilities Commission to borrow funds from the Idaho Department of Environmental Quality for
improvements to our water system. The original approval was for $275,000. We requested an
amendment from DEQ to allow for legal and administrative costs and have accepted a loan from DEQ
for $300,000 @ 1.25% interest with $78,533 principal forgiveness. In addition to this loan agreement
we have requested $25,000 from DEQ to be added to the loan to for power costs that were not included
in the original engineer estimate. The additional request will result in a total loan of $325,000.
lncluded with this letter are copies of the executed DEQ Loan Agreement, a letter requesting DEQ to
amend the loan for an additional $25,000, and a copy of the Rocky Mountain Power Service Contract.
We appreciate your interest and attention to this maffer. Please call if you have any questions regarding
this request.
Sincerely,
7e
President