HomeMy WebLinkAbout20180126Avista to Staff_DR_005.docxAVISTA CORP.
RESPONSE TO REQUEST FOR INFORMATIONJURISDICTION:WASHINGTONDATE PREPARED:11/20/2017CASE NO.:U-170970WITNESS:Scott L. MorrisREQUESTER:UTC StaffRESPONDER:Ed SchlectTYPE:Data RequestDEPT:Corporate StrategyREQUEST NO.:Staff – 005(AVA)TELEPHONE:(509) 495-8100EMAIL:ed.schlect@avistacorp.comREQUEST:
On page 11 of Exhibit SLM-1T, Mr. Morris states that Avista will maintain “existing levels of capital allocations for capital investment in strategic and economic development, including property acquisitions in the university district, support of local entrepreneurs and seed-stage investments.”Is this referring to a specific part of the Merger Agreement? If so, please identify. If not, please provide a list of all such capital investments, the capital allocation for each, the date that capital for each investment was spent, and the intended level of capital investment for each such investment for 2018.RESPONSE:
Yes, this is referring to Operational Commitment number 6, in Exhibit B of the Merger Agreement. The Merger Agreement is included as Appendix 2 to the Joint Application. This same reference is also found on page 170 of the Proxy Statement.
Each of these activities are funded by shareholder funds and do not impact customer rates.