20060227Report amendments credit enhancement.pdf

BRUCE N. WILLIAMS
Treasurer
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825 E. MuItnomah, Suite 1900
Portland, Oregon 97232-4116
[phone]
FAX [phone]
- PACIFICORP
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~C;~,:' 1'PACIFIC POWER UTAH POWER
February 24, 2006
VL4 OVERNIGHT MAIL
Idaho Public Utility Commission
Statehouse
472 West Washington Street
Boise, Idaho 83720
Attn: Ms. Jean Jewell
Commission Secretary
Re:Case No. PAC-94-
Order No. 25443
Report of Amendments to Credit Enhancement Arrangements
Amended and Restated Standby Bond Purchases Agreements, each dated
as of February 22, 2006, by and among PacifiCorp, the Banks party
thereto and JPMorgan Chase Bank, N., as Agent (collectively, the
Amended and Restated Standby Bond Purchase Agreements ), relating
to the reoffering of certain Pollution Control Revenue Refunding Bonds
(the "Bonds
Dear Commissioners:
Pursuant to the referenced Order, PacifiCorp submits to the Commission one set of verified
copies of each of the following documents relating to the referenced credit support
arrangements in support of the Bonds:
Reoffering Circular dated February 14 2006
Amended and Restated Standby Bond Purchase Agreements for the following Bond
Issues:
(a)
(b)
(c)
(d)
365 000 Carbon County, Utah Pollution Control Revenue Refunding Bonds
(PacifiCorp Project) Series 1994
190 000 Converse County, Wyoming Pollution Control Revenue Refunding
Bonds (PacifiCorp Project) Series 1994
$15 060 000 Lincoln County, Wyoming Pollution Control Revenue Refunding
Bonds (PacifiCorp Project) Series 1994
$40 655 000 Moffat County, Colorado Pollution Control Revenue Refunding
Portlnd2-4550194.30017507-00037
Bonds (PacifiCorp Project) Series 1994
(e)$21 260 000 Sweetwater County, Wyoming Pollution Control Revenue
Refunding Bonds (PacifiCorp Project) Series 1994
Because PacifiCorp has not issued any new security in connection with the referenced
reoffering, no Report of Securities Issued is enclosed.
Under penalty of perjury, I declare that I know the contents of the enclosed documents, and
they are true, correct, and complete.
Please contact me if you have any questions about this letter or the enclosed documents.
Sincerely,
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Bruce N. Williams
Treasurer
Enclosures
Portlnd2-4550194.3 0017507-00037