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HomeMy WebLinkAbout20050118_1066.pdfDECISION MEMORANDUM TO:COMMISSIONER KJELLANDER CO MMISSI 0 NER SMITH CO MMISSI 0 NER HANSEN CO MMISSI ON SECRETARY COMMISSION STAFF LEGAL FROM:WELDON STUTZMAN DATE:JANUARY 11 , 2005 SUBJECT:IDAHO POWER'S APPLICATION FOR AN ACCOUNTING ORDER REGARDING RIGHT-OF-WAY EASEMENT GRANT, CASE NO. IPC- 04- On December 27, 2004, Idaho Power Company filed an Application for an accounting order authorizing the Company to amortize the cost of the Shoshone-Bannock Tribe Transmission Right-of-Way Easement Grant. The accounting order would allow the Company to amortize the cost of a newly negotiated easement across tribal property. The term of the easement extends through December 31 , 2027, but also covers the period between 1996 to the present. The total amount of the negotiated easement grant is $7,490 000, most of which will be paid in three annual installments. Staff has reviewed the Company s Application and recommends that it be processed by Modified Procedure. COMMISSION DECISION Should the Application of Idaho Power Company for an accounting order for the treatment of the Shoshone-Bannock Transmission Right-of-Way Easement Grant be processed by Modified Procedure? '( Weldon Stutzman blsIM:IPCEO430 ws DECISION MEMORANDUM