20020510Executed Exhibit B.pdf

GIVENS PURSLEY *
LAW OFFICES Gary G A len Franklin G.Lee Patrick J.Miller
277 North 6th Street,Suite 200 Christo J Beeson DavidR.Lombardi Judson B.Montgomery
PO Box 2720,Boise,Idaho83701 1\nichae C Creamer D.DavidLorello,Jr Angela K.Nelson
TELEPHONE:[phone] Jeffrey A.DeVoe Kevin T.Maloney W.Hugh O'Riordan
FACSIMILE:208 388-1300 Emily MacMaster Durkee KimberlyD.Maloney Kenneth L.Pursley
WEBSITE:www.givenspursley.com ThomasE.Dvorak John M.Marshall Brad V.Sneed
Roy Lewis Eiguren Kenneth R.McClure Conley E.Ward
Timothy P.Fearnside Kelly Greene McConnell Robert B.White
Jeffrey C.Fereday CynthiaA.Melillo
Karl T.Klein ChristopherH.Meyer Raymond D.GivensDirectDial:[phone] Debora K Kristensen Kendall L.Miller James A.McClureE-Mail:cew(akivenspurslev.com Anne C.Kunkel L Edward Miller Stephanie C.Westermeier
OFCOUNSEL
May 9,2002
VIA HAND DELIVERY
Jean Jewell,Secretary
Idaho Public Utilities Commission
472 W.Washington Street
P.O.Box 83720
Boise,ID 83720-0074
Re:SIL-T-02-01
Our File:1534-38
Dear Jean:
In April we filed Silver Star's Applicationfor loan approval.At that time,we did
not have executedcopies of Exhibit B.I am now enclosmg an ongmaland four copies
of the executed Exhibit B.Please replace these originalswith the Exhibit B that was
attached to the Application at the time of filing.
If you have any questions,please call me.
Sin rel
Co ley Ward
CEW/tns
Enclosure
S:\MACS\CEW\SILVERSTAR\2002 Loan Documents\2002-5-8 Jean exhibit B.doc
CERTIFIED COPY OF MINUTES AUTHORIZING LOAN
APPLICATION AND AGREEMENT -
I,Bonnie E.Hoopes,do hereby certify that:I am the Secretary of.Silver Star
Telephone Company (the "Member").
The followingis a true and correct copy of excerpts from the minutes of a meeting
of the Board of Directors of the Member held September 6,2000,as they appear in the Minutes
Book of the Member,said resolutions duly adopted thereat;the meeting was duly and regularly
called in accordance with the bylaws of the Member;the Loan Application and Agreement (the
"Agreement")submitted herewith or to be submitted to Rural Utilities Service are substantially
similar to the form of the Agreement as presented to said meeting,the execution of which was
authorized by the Board of Directors and said resolutions have not been modified or rescinded:
"The Board of Directors of Silver Star Telephone Company having been advised by its counsel
that the Member is legally constituted,is in compliance with all applicable statutory,regulatory
and other legal requirements and is in good standing,and that an application to be made to Rural
Utilities Service ("RUS")for a loan and its approval by RUS,together with the execution of an
agreement as authorized by the Board,in the form of the Agreement presented at this meeting,
will constitute valid and binding obligations of the Member,enforceable by and against the
Member,in accordance with the terms of these documents;
"RESOLVED,that the Member borrow from the Rural Utilities Service
("RUS")an amount which shall not exceed in the aggregate $6,758,000 for
a term as set forth in the Agreement,and at such interest rate or rates as
shall be prescribed in the Agreement executed by and on behalf of the
Member and delivered to RUS,
the proceeds of such loan to be used for purposes set forth in the
Agreement and consistently with the requirements of existing agreements
and security documents of the Member;and,
"RESOLVED,that the President of the Member be and is hereby
authorized to execute,on behalfof the Member,an agreement substantially
in the form of the Agreement presented to this meeting,to revise and
modify said Agreement within the amount so authorized;and to apply such
further documents as may be needed to comply with RUS's requirements;
and,
"RESOLVED,that the President is authorized on behalf of the Member to
request and receive funds pursuant to the Agreement and is directed to
deposit such funds in a bank account used for the general funds of the
Member;and,
SILVER STAR TELEPHONE COMPANY
CASE No.SIL-T-02-O\EXHIBIT-Ah
"RESOLVED,that the appropriate officers are authorized to take all actions they
deem advisable to carry out the purpose of these resolutions."
IN WITNESS EREOF,I h hereunderset my hand and affixed the seal of
the Member,this j 6 day of '
,,2002.
Secretary
SILVER STAR TELEPHONE COMPANY
CASE No.SIL-T-02-O \ExmmTAL