20080825Compliance Report.pdf

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An IDACORP Company
August 18,2008
Ms. Jean D. Jewell
Idaho Public Utilties Commission
P.O. Box 73720
Boise, il 83720-0074 -:pc --E. -ô1 -l ei
Dear Ms. Jewell:
We are submitting the following information in compliance with the Commission's Order No. 30487 in
compliance with the sale of $120,000,000 principal amount of 6.025% First Mortgage Bonds, Secured
Medium-Term Notes, Series H, due July 15,2018.
The $120,000,000 principal amount of 6.025% First Mortgage Bonds, Secured Medium-Term Notes,
Series H, due July 15,2018 were issued for the benefit of Idaho Power Company on July 10,2008 and
were on that date offered for sale to the Public. Underwriters for this issuance were Banc of Am~rica
Securities, LLC; JP Morgan Securities Inc.; Wachovia Capital Markets, LLC; RBC Capital Markets
Corporation; KeyBanc Capital Markets Inc.; Wedbush Morgan Securities Inc.; and Wells Fargo
Securities, LLC.
1) Receipt and disposition of proceeds:
Accounting for receipt and disposition of proceeds from the sale of the above described bonds is
certified to be as follows:
Proceeds from the sale of $120,000,0006.025% First
Mortgage Bonds, Secured Medium-Term Notes
Series H Authorized by Order No. 30487 ................ . . .$120,000,000
Proceeds utilzed for payment of agents fees... .................... $750,00
Proceeds wil be used to redeem existing
commercial paper............ ....................................................119,250,000 120,000,000
Balance.......................................................$o
2) Rates:
The coupon rate was set at 6.025 percent.
Sincerely,~ Jr; a.~D~~
Senior Vice President - Administrative Services and Chief Financial Officer
P.O. Box 70 (83707)
1221 W.ldaho St.
Boise, 10 83702