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HomeMy WebLinkAbout20070425Sale of Transmission Easements.pdf~ ~;o~OUNTAIN r~: :" :: i"I!;l ", Dr",:,C: ,cUi) I hi II r:"v Q. .J' 201 South Main , Suite 2300 Salt lake City, Utah 84111 April 25, 2007 i i; ! ' o' :-1; i I:: lJT!U'2Gi'il,::88IC. VIA OVERNIGHT DELIVERY Idaho Public Utilities Commission 472 W. Washington Boise, ID 83702-5983 Attn: Jean D. Jewell Commission Secretary Re:Sale of Transmission Easements The purpose of this letter is to provide notice to the Commission of the planned sale of six transmission corridor easements in Utah. The underlying property in the proposed transaction is currently accounted for as a transmission property investment and a portion of that investment has been allocated to Idaho and included in Idaho rate base. US Development/Clifford Park Estates Subdivision US Development has requested six easements to be located within the Ben Lomond- Terminal 345 kV transmission corridor. The proposed easements are necessary for the development of the Clifford Park Estates Subdivision in Davis County, Utah and include two public roadway easements, one buffer zone easement, and three public park easements, one of which includes a storm water detention basin. The proposed Clifford Park Estates Subdivision is a landlocked parcel with no access to 1150 West other than over and across the Ben Lomond-Terminal 345 kV transmission corridor. The City of Clearfield, Utah has approved the subdivision plat for the Clifford Park Estates subdivision pending final approval from Rocky Mountain Power. The location of the proposed easements will not interfere with Rocky Mountain Power s current or future use of the transmission corridor. This easement request is consistent with previous corridor easements/leases, where Rocky Mountain Power has received revenue for uses within the transmission corridor that do not conflict with the corridor s primary use The value of the combined US Development easements is set at $95 820, or 50 percent of the property s market value of $60 000 per acre. Regulatory Impacts The funds from the proposed transaction will be used to acquire other needed fee and/or easement properties for substations, transmission or distribution lines. The sale transaction will not adversely affect the Company s customers because the transaction recovers one-half ofthe value of the property in question and Rocky Mountain Power will retain ownership of the property and safe access to its transmission lines. The Company will meet all requirements regarding this transaction required by other public utility commissions having jurisdiction over the Company s retail operations. A copy of filings made with other commissions will be provided to the Commission, if requested. It is respectfully requested that all formal correspondence and Staff requests regarding this matter be addressed to: By E-mail (preferred):datareq uest(g)pac ifi corp. com By fax:(503) 813-7274 By regular mail:Data Request Response Center PacifiCorp 825 NE Multnomah, Suite 2000 Portland, OR 97232 Informal inquiries may be directed to: Brian Dickman Manager, Regulation 201 South Main, Suite 2300 Salt Lake City, UT 84111 Telephone: (801) 220-4975 Facsimile: (801) 220-2798 E-mail: Brian.Dickman(g)PacifiCoro.com Dean Brockbank Senior Counsel 201 South Main, Suite 2300 Salt Lake City, UT 84111 Telephone: (801) 220-4568 Facsimile: (801) 220-3299 E-mail: Dean.Brockbank(g)PacifiCorp.com ~f.K~/ff\. Jeffrey K. Larsen Vice President, Regulation