Loading...
HomeMy WebLinkAbout19890202Letter re Hazelton B.pdf~ . "..9~/$ WORLD TRAE CENR BUILDING SUITE 3704 P.O. 57 2-4'1 HAKTSU'CHO MINATO-Ku ToKYO 105 JAPAN 1031 432'8998 LINDSAY. HART. NEIL & WEI0lfEILAWYERS ¡ SUITE 400 LED JEFFERSON PLACE BOISE. ~::~~H 8370~9 FEB 2 D m o SUITE 1800 222 S. W. CoLUMBIA STREET PORTLAD.ORBON 97201-6618 U2 15031226-11911_HPl a TELEPHONE (208) 336-8844 TELECOPIEB (208) 338-8833 2011 EYE STREET. N. W. HOP U B U C WASHINGTON. D. C. 20036(202) 296.3006 ES COMMISSIONROY L. EIGUREN January 30, 1989 Mr. Joe Marshall Executive Vice President Idaho Power Company P.O. Box 70 1220 West Idaho street Boise, Idaho 83707 Re: Hazel ton lIBlI and Wilson Lake Hydroelectric Proj ects Dear Joe: Today I filed, on behalf of Bypass Limited, a California Limited Partnership, an Application with the Idaho Public utilities Commission for approval of the Firm Energy Sales Agreement for Hazel ton lIA.lI Thank you for your assistance in bringing these difficult negotiations to fruition. Prior to your intervention it seemed that our negotiations had becomeinterminable. During our last negotiating session, I informed you thatsithe had yet to reach a conclusion as to whether Hazelton lIBlI and wilson Lake are economic given the lapse of time and related inflation for equipment since the Settlement Agreement was executed. I also noted that as soon as sithe reach~d a conclusion as to whether to proceed with the latter two projects we would inform you of that decision. Late last week sithe determined, due to changed economic conditions, not to proceed with the Wilson Lake and Hazelton liB" projects at this time. Pursuant to our Stipulation and Settlement Agreement we have filed simultaneously with our Application for Approval of the Hazelton "A" contract, a Notice of withdrawal of our Petition for Reconsideration in IPUC Case No. 1500-170. In addition, Idaho Power has filed a Notice of Withdrawal of its Cross-Petition for Reconsideration in the same proceeding. It is our understanding, from the date the Commission approves the Firm Energy Sales Agreement for Hazelton "A," Wilson Lake and Hazelton "B" will thereafter be subj ect to the vagaries of the Commission regarding rates and other Commission mandated contract terms. ,. , ~.. LINDSAY, HART, NEIL & WEIGLER Mr. Joe Marshall January 30, 1989 Page - 2 Bypass Limited looks forward to a long and mutually beneficial working relationship with Idaho Power Company. feel free to contact me if you have any concerns regarding matter. Thank you. Pleasethis Sincerely, ~:: cc: Joe Miller, President IPUC Scott Woodbury, Staff Counsel IPUC sithe Energies, USA Bypass Limited, a California Limited Partnership Bart Kline John Rosholt Irs