20190510Application.pdf

IY ROCKY MOUNTAIN RECEIVED
HSIY,E*R* ?org p6y r o ptt t2r s l
', *'l,T'illujot{Fth"8 t' o*
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1407 W. North Temple, Suite 330
Salt Lake City, Utah 8416
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May 10,2019
VA OVERNIGHT DELIVERY
Diane Hanian
Commission Secretary
Idaho Public Utilities Commission
472W. Washington
Boise,ID 83702
Re: CASE NO. PAC-E-19-06
IN THE MATTER OF THE APPLICATION FOR APPROVAL OF THE
PROFESSIONAL WAY - BROADWAY ASSET PURCHASE AGREEMENT
AIID TRANSFER OF SERYICE BETWEEN ROCKY MOUNTAIN POWER
AND THE CITY OF IDAHO FALLS
Dear Ms. Hanian:
Enclosed for filing in the above mentioned matter are seven (7) copies of Rocky Mountain
Power's and the city of Idaho Fall's Joint Application for approval of the asset purchase
agreement and transfer of electric service for customers on Professional Way and Broadway
as described in this Application.
Very truly yours,
J,
Vice
Enclosures
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I Daniel E. Solander (ISB# 8931)
Rocky Mountain Power
1407 W. North Temple, Suite 320
Salt Lake City, Utah 84116
Telephone: [phone]
Email: [e-mail]
Attorneyfor Rocly Mountain Power
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
IN THE MATTER OF THE APPLICATION
FOR APPROVAL OF THE PROFESSIONAL
WAY - BROADWAY ASSET PURCHASE
AGREEMENT AI\TD TRANSFER OT
SERVICE BETWEEN ROCKY MOUNTAIN
POWER AI\D THE CITY OF IDAHO FALLS
CASE NO. PAC-E-19-06
APPLICATION OF
ROCKY MOUNTAIN POWER
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Rocky Mountain Power, a division of PacifiCorp (the 'oCompany"), pursuant to
provisions of the Electric Stabilization Act, I.C. $ 6l-332, et. seq., and I.C. $ 6l-328, hereby
makes application to the Idaho Public Utilities Commission ("Commission") for approval of
the Asset Purchase Agreement ("Agreement") between Rocky Mountain Power and the City
of Idaho Falls, ("City"). This Agreement provides for Idaho Falls to purchase certain electric
facilities currently owned and utilized by the Company to supply electric service to five
customers located on Professional Way, Idaho Falls, Bonneville County, and one customer
located on Broadway, Idaho Falls, Bonneville County, as more particularly described in the
Agreement. In support of this Application, Rocky Mountain Power states as follows:
1. Rocky Mountain Power, a division of PacifiCorp, an Oregon Corporation,
whose address is 1407 WestNorth Temple, Suite 320 Salt Lake City, Utah 841 16, is authorized
to do and is doing business in the state of ldaho. The Company provides retail electric service
to approximately 82,000 customers in the state and is subject to the jurisdiction of theI
APPLICATTON OF
ROCKY MOUNTATN POWER
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Commission. The Company's retail certificated service territory encompasses portions of
Fremont, Madison, Teton, Clark, Jefferson, Lemhi, Oneida, Bannock, Franklin, Caribou,
Butte, Bingham, Bear Lake and Bonneville counties. Rocky Mountain Power is a public utility
in the state pursuant to Idaho Code $ 6l-129.
2. Idaho Falls, which is located in Bonneville County, owns and operates an
electric power system within the municipal boundaries of the city for the convenience of its
citizens. The City's municipal service territory is surrounded by Rocky Mountain Power's
service territory. The Company currently provides electric service to one or more electric
customers located within the boundaries of the City and the City provides service to one or
more customers within the Company's seryice territory.
I. BACKGROUND
3. On October 9,2017, Rocky Mountain Power and the City entered into a Service
Allocation Agreement to reduce duplication of service and promote stability in their respective
service areas. The Service Allocation Agreement was approved by the Commission on
December 5,2017.
4. The Service Allocation Agreement specifies that existing customers as of the
date of the agreement would continue to be served by their current electric supplier irrespective
of service territory boundaries.
5. The Service Allocation Agreement provides for the transfer of a customer's
electric service from one utility to the other as long as the acquiring utility agrees to pay the
utility currently providing service just compensation for lost revenues and the distribution
facilities utilized to serve that customer. The Company and the City agreed that just
compensation for lost revenues would be an amount equal to 167 percent of the total of the
APPLICATION OF
ROCKY MOUNTATN POWER
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I respective customers' electric bills from the prior l2 month period. In addition, the acquiring
utility would purchase the poles, wires, cross arns, insulators, guys and other facilities no
longer needed or required by the other utility to service that customer.
6. The Company and the City have agreed to transfer service and the City has
agreed to purchase the facilities described in Exhibit A to the Asset Purchase Agreement, in
addition to paying 167 percent of the customers' previous 12 months electric bills, as shown
in Exhibit B to the Asset Purchase Agreement.
II. REOUEST FOR SERYICE AREA EXEMPTION
7. Rocky Mountain Power and the city of Idaho Falls hereby jointly petition the
Commission for approval of the Asset Purchase Agreement, provided as an attachment to this
Application, and transfer of electric service, wherein Idaho Falls agrees to serve the load of the
customers described in Exhibit B to the Agreement, and pay the Company for the assets
transferred, as well as the revenue reimbursement, legal and transaction costs.
III. COMMUNICATION
8. Communications regarding this Application should be addressed to:
If to Rocky Mountain Power:
Ted Weston
Daniel E. Solander
1407 W. North Temple, Suite 330
Salt Lake City, Utah 84116
Telephone : [phone]
Fax: [phone]
Emai I : ted.weston@pacifi corp.com
daniel. solander@pacifi corp.com
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APPLICATION OF
ROCKY MOLTNTAIN POWER
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If to the City of Idaho Falls:
Idaho Falls City Power
Bear Prairie
140 South Capital Avenue
Box50220
Idaho Falls, Idaho 83405
In addition, the Company respectfully requests that all data requests regarding this matter be
addressed to one or more of the following:
By e-mail (preferred)
By regular mail
APPLICATION OF
ROCKY MOLTNTATN POWER
datareque st@pac ifi corp. com
Data Request Response Center
PacifiCorp
825 NE Multnomah, Suite 2000
Portland, OR 97232
IV. MODIFIED PROCEDURE
9. The Company believes that a hearing is not necessary to consider the issues
presented herein and respectfully requests that this Application be processed under Modified
Procedure; i.e., by written submissions rather than by hearing. RP 201 et seq. If, however, the
Commission determines that a technical hearing is required, the Company stands ready for
immediate consideration of its Application and will present its testimony to support the
Application in such hearing.
V. CONCLUSION
WHEREFORE, Rocky Mountain Power and the city of Idaho Falls respectfully request
that the Commission: l) process this Application under Modified Procedure; 2) issue a final
order approving the Asset Purchase Agreement; and 3) authorize the transfer of electric service
for the customers located on Professional Way and Broadway as described in Exhibit B to the
Agreement between Rocky Mountain Power and the city of Idaho Falls.
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\I DATED this l0th day of May,2019.
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Daniel E. Solander
Attorney for Rocky Mountain Power
Respectfully submitted,
4,fihBy
APPLICATION OF
ROCKY MOUNTAIN POWER
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ATTACHMENTA
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ASSET TRANSMR AGREEMENT
BETWEEN
ROCI(Y MOITNTATT{POWEn
AI\Dclrr oF rDAHo FArLq IDAHO
Ttis Assct Transf,er furcement (the *Agrccmcnf"), d&d rhis _ day of
__, 2019 is betwecn Cityof raalr Falb Idaho, a mmicipal capmioo of frc Sme of
rdaho dft/a ldab Fdls Powcr, ("Cityr); md PacifiCory, an Orregon corporation, {/ty'a ia Ideho
as Roclry Mormtain Power (Rocky lttomtain Pou,Er'"). Rr&y ttfiormin Powcr md City re
sometimes rcferred to colloctivcly as "Parties"and individrultyas ?arty."
WHREAS, Roclry Moraain Pover errrdly serves five cusmers locmd on
Pnoftssional Way md mc cusimer m Bmadway md muc partioilady fucriboal in Exffiit Ar
attach€d b fris Agecmat md inoorpamA hercin; aod
WHEREAS, City hE agrcodo trrchasc thc Ass€ts fim Roclry t\ilormtrin Pwer md
Rocky Mormin Po*u her6y agocs to sc[ fu Assets to City in amomdmoe wi& aod s$ject to
dl ofthe ums and ooditions of sele as erpr€ssed hsrcin, and in mrdre with ttc Scrvice
Albcation Agr€Gmcot M im by Roclry llountain Power ed Crty, ddd Octoba 9,nn, &L mmved by trc Idab h$lk] Utilitics Conmissim m Dooember 5, 201; md
WHEREAS, City hss ageod to servc tre custom€rs rfter purchasing tte frcilitics
crlrrtmy gening 6ese $sbm.crq in acoordmoe wift od sfij€ct b alt oftte terms aod
cmditions of salc as cxpesscd hcrcin; md
NO% fiIEREFORE" for md in consfrleruim of ttc mfrral pomiscs ud
@veoants mdcmditftnr serfrftinftisagrcemem, thc otrcicocyofvtic,hishcr$yrmrtunlly
r,hwlodgpdd acocpto( ftePrtics hcrcb agrac aE follows:
l. Ddurti,o,lg.
Fc pnposcs of tris Agrtcocd, ftc fr[owing t€rn8 uEod brcin ht not otbcrnise
dcfinodhemin shdl havcthefolowingEtringu,h€ouco.lwilhinitidcryializatio, whethor
sing[lr orplural:
1.01 'Assets" reats ftosc frcilities omeuty owned W nocfy lvioumin Pover, as
dmibod inExhibitA
l.CZ *Commission" means the Idsbo Public Utilities C;mmissior-
l.&l "Trmsf,crrcd Customers" means fte Customers lhtwill bc trmdem€d to ldaho
Falls Power ae a rpflrlt of lhir transaction md wbmo mctcr nmbqs uc listod in Exhibit B.
l.(X "TrudcrDre"meansthedne rryonnhich allofftcTruffincdCtshGrB
rhall bmc ttc custm,crs of rdgrro Falls Povcr.
bbFdL@ArfficACIEEIa I d13t
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2. Sale md PrurciaseofAss.
2.01 Asseb to Be Sold. TtE Asscns frd will be trmsfeu€d to City as a rcsult of trG
Trmsfcncd Curmmers being served byCityacdcsctibod inEnhiht A
2.92 Rnrchase Price- Thehrchase Price fortheAsse8 ghalbc: $31 ,751
LU3 Pavneol TtePrrchasc Price shall bepaidb Rockyl!floutainPowerby CIty
wi6in fifueo (lO days of fte dde frig Agrcm is crccubd by bonh Partieq such palmeot
shdlbebyohcce.
2.U Inrtrmcffi of Cmveruce udTlusfs. Subjd b frc saisfrctkm oftrG
cmditions prcoedcd sst ffi in Soctim 8 bcby, and prsm m dl of fu terms and omditims
offtisfuieemeot, RockyMounfiainPowcrSall erecub mdddiverb Cityabill ofsaleovegt
in City gpod and mrrlffiblc titte to the Assets, $bjfft to tro scanrity futcrc$, lieos or
acumbrmc€s, aod srbetmtially in ttc form ofttc rmerecutod bill of sale atachod hcro as
BxhibftC-
2.OS Prorfion of PersonalPronertv Taxcs. Pemmlprqertytucs, if E?licsblc, shall
bo poruod betn cen Rocky Itilorffiin Pwer and City as of 6e Tfmder Drc basod qm dap of
wner$ip in tre ux pc in ufrich fte Trmder lhe occrre.
2.6 Salcs. Traos&r md OthcrTaxcs. Any salcq crcise ffi, grctasq usc,, or
similrtu' whichmaybcpayablebyreasonoffre saloof all aaportionoftheAsscts finll be
b@c mdpaidbyCity.
3. Ownershio: Scr:rdion d Trmgfcr, Op€ratim md l\raftitsnmce: RiBk o,floss
3.01 Trmrfer ofC\smcrs. Rodr fylomin Power Sall rctinqui$ €fldical svice
to fte Trmsfeuarl Clrtomsrs d 11:59 a.m- Idaho Fdb local tim€ m thc Trmsfcr Drtc, s flr,h
o&Er drb as drully aSrtod to by thc pctics itr miting. Rocky Ittorffiin Power Sall bc
obligatort b oodime to prcvidc acn icc md atifled to rcccfue payneot ftom the salo ild
delivery of electric scrvice rry to the Transfer Ddc md City *alt have thc siltority md tte
obligatftn to trovide dcctrb ssvice to fu Trmsf€ucd Ctsm€rE Ed shall bc cotilldto
reeive pal,mem ftrm any declrb s€ilice tom md afur 12:fl) p-m. Idaho Fals local limo on fte
dayafterthsTrmsferDrerrmlossothenriseagrcodbbytekrti€sinwriting; Fromdafu
the Trmder Dm, service b ttc TrmsfGu€d C\rffieils qball be provided by City.
4. Reprcsffitim ud Wrrmties of Rrckv lyfior- tain Powcr.
Rocky lvlormin Power rtgcscm ud wurd as followE:
4-01 Orumizcion md Powers of Rockr lYfountain Powcr. nocky lvlumainPower is
m Oregm oorpodf,oo, drly orgmized md valirily cxistiag rmd€r tLe lryB ofthe Stte of
Oregm, md is erly qualified to do hrsiness in lho Stats of ldabo. Rocky Moffiin Power hae
dl rcquisiE porrcr od alfuity to Fo,vidc eloctic scn icc to thc Assctr.
lhoF.LCtyA-m-AgrmPI!2 of,f3I
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4.U2 Auftmitv Rc'l,ativc b Aerccmmt: Gov€mcntalAdorizatim- Roe.kyltilomoain
Powcrhaslhe powcrmd aftorityo €xeqft md &iverthisAgt@d db corornrm& frctmsectims hcr$y. IhisAgrmemhasbc€odutymdvalidtyflrtomrdmd
cm$infes te valid Dd bfuding ohligrtim of Rocly Llmntain Powcr eofrrccSle in mordmoc
wiefuBtcrr$crc48o eaforcemdoayblimitedby$icable insolvency,
moraMium66similr laws atrestingfte eoforcemcat of creditors' rigfuts
gpo€ma[y md Grcglt rl'4 the availability of the equitable remedies of speific porformre ud
iujrrctive rdicf rc mrbjct m ftc disclttim of 6c qnt bcfore which any prrooooding my bc
bmrght No delaraim, filing orqistrdioawilt, cmice to, a alLorization, c@sd G
tpproval o[, ay govermemal s ryulmry body or ufrmity is amsuy for ltc cxmrion od
ddiveryofftis Agseloem tV Rodry hfiurmin Pwer u Sc consmdion by Ro*y Momin
Power of trc tmsadions oodcryled bV tris ASIEemEot, providod fut Rocly ldnmin
Powcr malrcs no rrpcsentdion a warrmy with rqlct to agovals shic,h may be roqtrircd
fim'frc Idaho h$lic Utilities ConmissimcthcFoderalfoerffnsgrlrtoryC,:miscim.
4.03 Nm€mEavcntiou Afrpmvals. The exeuim ud deliveryofftis fuieeoem
md frs consrnmatim of ttc trmsEctions conteqll#d hercby will not violdq confli;t wifr m
resrltinabreacLof myprovisim o{, ccoditute adefrrltunder, orrcsult intbterminatimof
ey notG., bm{ mortpge, inderrturg deed of trust, om, lerec q ofter instruncd, ohlig4ion
c agrcuncd of my kiirl b whitih Rocky Mordain Power is now a Party or by which my of its
assetr may bc bqrnd or affectod-
5. Renrcsentetims md Wrrmies qf Citr.
Cityreprcsm mdwarrmts as follows:
5-01 Orsmizdim md Powen ofcitr. City is &rly qoalifiod to do business in &e
Snao of Idaho. City hrs all ruquisit power md alhmity providc svicc to ttc Trmsftnod
Ctsbmcrs.
5.@, Anlhoritv Rclative b Asrcemen[ Go\rcrmtal Aldhodzdion- Cttyhl rhg
powcr md dtrityto crocrb ud delivEr fris AgFe€md d to cmarmmste frc tranractions
oonfieqllatrdhs,*y. fhisAgrmeathasbecn&tymdrnlidlyadtorizodaodcmstitutesttc
rnlid aod hinding dligatim of City eofureablc in accordre wift ib Emq excq* as
euforccmeumay be limitedby rylicabtebelmrytsy, insolvEncy, reorganiznion, mfiafiEim
or *irnilr fus6 afretiqg the eofutemcnt of crcditors' dgb gwrally ard Gxccpt thd frc
availabilityof6e equitablc rcmodics of epccifioperfrmmoe md iqiunctiverelicf ucarbjeto
ttc discretim oftre cort b€fore xrhich ey 1roccedfug may be brougffi. No dmlratim, filing
or rqistrdim with, qnoticc b, or rorhorizsrion, cment a Erproval of my gowrmetrhl G
regulaorybody or auhmity isnccessaryforfrc execrnion ud deliveryofeig Agreemeatby
City.
5.03 Non4onFavedion: Apnrovals. The €xecution md d€tivEry of this furccment
md thc omslmndion of &c faosactims cmtemplaod hueby will not violtr, conflict wift u
rcsult in a breach of any provision of,, c constitrtc a def;urlt rmder, or reqrlt in the ternindim of
acy note, bond' nmtgagc, itrdcffiurq deed of trust, contnad, lease or other instum€of, obligilim
!&ohbCh,AlaHcrfjrcuh3c3df3t
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or agrccm€d of my kind 1s urhich City i8 mw a Prt5r or by whic,h my of ib asscts may bc
boundoraffccbd.
6.k
Rocky Itfiorffiin Power oommts md agrees as follows:
6.0f Conduct ofBrsinee* Rocky ttloumin Powcr shall frcvi& setvbe b tre
Trmrkorf Cldmere fu lhc ' - pcriods cct frslL in Sctim 3 of ftis Agrm in
aocondacc wilh itspsfi fadiccs md shdl cn'grgo in m m*crhl trmsrctiom rdding b fu
Trmcftuad Gufimcrs out of frc crdinry ornrsc ofhsimss, inchding €il€ring im uy
contract a fmming smDgcmd thst limiB Rocky Mormain PowEtr's ability to traadcr thc
Trmdcuod Ctsbmcrs b City.
6-02 Rcasmable Etrortr. Subjoct b fu lerps 6f rhis lgrmcnt ad fifrrqi"ry
obligfionsunderryplicablo law, Roc,kyMoutainPower$allusccmerciallyreasmable
GffofiB to eftc0nlc ltc trmsaclims oomqlrcA by ftis AerEEod ed b trlfill all of ftc
conditions of ttc Prties' obligations under this Agreemeot ud $hpll do all $rch act ed - 'r'g*
as rcasmably may bc rcquired to carry out Roclry Moffinin Powtr's obligations hereunder and
to oorylre fu uansactitxt cmtqldoa by this dgrop.lnertr-
6.03 NotiEcdim- RoclrylfiorffiinPowerwill giyc Cltygqtwrithndice ofmy
stlcnt, cmditim s mcil arising pior b &c Trmsf€r Ddo tt* wqrld cmsc my of its
mdwmaticg ineis Agrmd b bG rffiucinmymaGialrcspect
7. C,oveom of C'itr.
Citycorreamts md agrceo as follows:
7.Ol Reamable Efrrts. Subjoct to the teirms ofthis Agrlcmcilt md fidmiary
obligilims under rylicable lsw, City shall u* cornmcrciallyreasmablc eftftE to €ffecfilatelhc
transartions conqrca by ftls Agrccmd md to fulfiU all of fte conditions of thc Partics'
obligtims und€rlhis fureememmd shall do all srche6 Edftingp asrcaronablymryb
rcqufud b cuy out City's oblig[ions hcrcundcr md to oomplotc the tranmotirm contmplatcd
byfrisAgrm€xrt.
7 .U2 Notificatim- City will givr Roclry Itfioumain Power proqpt writlen notioe of my
ev€d, omdition c frct arising pior b frc Tr& f,)re that world crue my of is
rqEccnffims and umrdies in this Agt€offil b be rmtru€ in my meial rEeect
7 -O3 Indcmnitv. City sbdl dcAo( oami&, udholdhrmlcss Roc,kyliloumin
Power, itsofrcers, Arcctursr erylolreeg md agrms, fiom @dagainstoymdall ffability,loss,
dmage, cleirn$ suit or canse of action ciring ort of or rclding to Cit/s s€ffico b &e
Trmsfeuod Al*mars. This ohligdim rhall survftrc the teroindim of ftig Agrmd and
completim of tre trmsactims cmrymae bV &is egeeom"
EiolflCh,ArchnftmaPa!{oft3I
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t 7.U Rinfu-of-way. Priorto thc Trusf€rDa$ City shall indrydently obtainat
CiVs own expcosc, all cascm€nts or otrcr rcal propcrty rigtfts, liocos€s orpemissions, (lights.
of-rvaf) nocessryfor Cltyb laudillyuvc tte Trmsfened Chstmers.
8. Cmditims Precedet Bill ofSale.
AII of &e obligatims of Ro*y Itdorffiin Pws under fris fureoent a,o arbjd to fte
fttfillmcffi, priu o md qon the Trmder Dde, of eac,h of tb fotlowing conditims:
8.01 Re$sffiati@s. Wmmti€s md Corrcnaffi of Cirf . All rcprescmims od
wmdics nEdc in &is Agr€md by City srn[ Ss trrc md cmcct h all mrterial reqem as of
tte Trmsfcr Dme as fully es trottgh such rcpnesentaionr md warmties had beea madc on ard
as of thc Trmsf,er Datg and as of the Trmsfer Datc, City shall have corylied in all mrtedal
rccpects wie all covaants made by it in tris furccmm.
8.02 Iitisstion At tro Tramfer DatE lhcr€ shall not bc in effoct any order, docree, or
injnoctim of a corrt of oorqrffit judsdiaion rcsrrainiry; eojoining a pohibiting trE
mnsr"'mation of ftc trmsrtiors cmlryUrea by this agrccmd (coc.h Prty h€ilSy a$ceiry
to usc itsrcasm$l€ €mor6, includingr€asooable rypcalstohigb€rcourt$ tohave my mch
order, docre u iqimction set uide or lifted), md ro rc{im shall havc beea talrco, md m
stffite, rule, orrcgulatim shdl [ay6 S6q1 coacteq by any sbb c federal go\rcmm.d tr
go\rE(mcofial agwy in fte Unitod StrEs which worH prevent tte cmsrrrmatim of $r,h
trasoctims.
9. SurvinalofRcnrc@ons md$larrmies
AU rcprcscntatims md wmaties offte Prticc aod dt liability fterEfor, shtl ruvi\re
fu aperiod of otrc ],Eu pat thp Tiesftr DaG, at whi& timc fte obligilions und€r ftisagM shatt coase and eryire. Notwfthsmding &e forgoing obligUims undcr Soctim 7-04
offtis Agrccocd shall contimc indofinitety.
10. Tcmminatim.
10.01 Termildion. Ttis Ageememmaybe terminded md abmdmod d anytime
prioroftcTrmsferDam if
(a) The Parties agroc in writiog b EminaE this Ageement by mtual wnsat or
(b) City delir/ers a writen mtice to Rodry Moutrain Power to thc €ftct trd
Rocky Umtatain Pow€r has dcGnrltod in a mmiat respect rder ooc or more of its coveamd aer€€m.:nts containedhsein(which shallbe ry@ifid indcf,ail in orchnotice), mdurch
oorditim m conditions have Dot been sarisfiad a rllch d€fa'rlt u de,&ults hflrc rd bea
muedied (orvaivedbyCity) wieineirty(3O) daf afterthe dae suc.hnotioe ir dclivaodby
Cityo RockyMoffiitr Porucr; o
(c) Rocty Mountain Poryer ddivqr a writteo notice b City to thc €mEc[ trd Clty
has ffiltedin ammcrialrcspcctrmd€rmcormure ofiEcovcnants aodagrEcmcots cmtainod
IltrFrtCryAraPrec{ncochF5drsI
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hcrcir(wtich shallbc ryeifcdindctEilinsuchnoticol d nrcho@ditimorcmditimshalE
not bccn ssisficd m ntch defuih c defuils bavc mt ba rcmedicd (orwaived by Rocky
lfimmrainPower)wiftin6futy(30) days ffi€rftc datcsnrc.hnoliccis deliveredbyRodcy
Ilfomlnin Power to City; on
(O ltc Trdrr lhte hrs mt cqmd on m befue Juty 31, 2019 o arh lm
dm o wtich fte em of this AglEcmcd Esy bo erhdorl Enard to mutul agltcocd o,ffte
Putiqb povidsd that ma ofttc Prties gives mice to &e o&s o terninting eis Agrmem
ud th"t tha Paily scc&ing su.htcrmindionhas mtdc&ilt€d in amanncrrcrymsible for
dclsying tc Timsfcr Derc past luly 31, 2019-
10.@ Effet ofTeminrim- Er@ vhcre speific ffis md cmditims of ftis
egt@tr ptrovide 6at such tams md coditims srvive ffirindim of&is Agretoctr, uy
Eminatim pururd to fris Sc'tim l0 &aU rclicrre both Puties hcocfio of &eir ohligdims set
foft hcrcfu, and my such l--ningtiom cmstiurbs a frilure of tbo cmditims b thc obligilim of
thc Prtic b iryIcmd this egrEGDEilL ercil ed mftiry hsrein will rclieve my Puty ftom
liahility frr my hrcac,h of this Agr€rmcd.
11.Assi@.
NeifrGr Puty may assig[ its righs unfu this fureeanem to my third paty wilhout trc
wdmmdoffrcoherPuty.
12. Iurisdictim of Rcuulerv Aulhmities
lnthc qdrhatthe Commissionoranyo&cr sffiq fodcral cmnicipal ardtfiity
detemines &at my povisim of thir Agreemd cmflixs wift or is in violdion of ry1ilicoble
law, or issres myruleq rqglrti@s, or orders c,bich rcquirc Rocky Muffiio Powcr b alu c
@cod any ofths Brsyisi(re of ftis Agrccttr@t q b tcrminalc eie Agrccosnf, or thrt orfrerwise
ppclude m mmially iroferc wift c reecid lhe trmder of assens cmlemplatod hcrcin, ftis
agrmd rutomrtically shall bc meoded m cqly with snch daerminstiq nrnendment rulq
rquldim m udcr; u, if so ordera{ this egr€cmd shall terminate withoff emoding tansfrr of
fte Trmdered C\rsbmers to City; md h auy oftte foregoing erffi, Rocky Morrffiin Power
shall DotbeliEblcto Cityfrrdn,agcs or loascs of mykindwhdsocrrcr, inchdingoorscqumtiat
drr.agps, whichCitymay sstainas aresrltof schdceminaion, meoamemt, rule ryEldioo,
or order, or modifcrtlm a terminatim of rhis trmsactitn
f3. fvfselanofls.
13.01 Amondment tthis furcemeot nay be rmerdo.l mly by m imtumem in miting
crccubd byftcPutias which ecpeesstyrcf€rs to trir Agrccmed ed stEt6 that itir an
amcndmenthcr€to.
13.{f,l Sction od Pragr+h Hcadings. Ite Scctim md Sutc€clim hsadiuss G@itrEd
in tLie Agrc@cd ue frrrc&reooepurpom oly md shell 61in oy uny aftct $cucming m
iffiprctatim of eis Aerccmcot
bHLctAsffi{rurt
PlgE6dr3
t
I
1 3 .03 Waivrr. Any of frc ternr c cooditiore of ftis fureeoem may bc waivod at ary
timc md fiw timc b time, in uitin& bythc Prty €atitled to the beaefit of srch ffis or
ooditions"
13.04 Jrry Waiver. To the ftlle* cmcm pemimed by law, mh of tte Paties waivEs
myrigb itmayhaveo a'tiatty;nry inreryoctof litigttiondirccdyorindircctlyahing outof
rmdcr a in connotim withthis furmm. Each pdty fulh waivcs ayrigtro msolidde
my actim in uAich a jrry lrial has bcco waived with uy otter action in which ajrry tial cmot
bc mhan mt becn wafuod"
13.04 Limimim of Remadies. IIIIIDERNO CIRCI IIdS'TAITICES SIIALL EIIHER
PARIY BE LIABLE rOR AIIY CI}}{SEQIJENTIAI, EGMPI-ARY, PUNmIVE, SPECIAIT
INDIRECT OR INCIDH{TAL DAII{AGESI OR ECONOMIC IJOSSES ARISING OIJT OF
AI,ry cr-AM DEMAND, ORACTION BROUGITT Wm{RESPECTTOfiIIS
AGREEMENT.
13.05 Notipcr AU rdiccs, rpque$s, dmmds, md o6cr oommmicdioc glvabyCity
or Roc&ytvlorffiin Power shallbe inwdting aod fhatl be deemed to hrrebccn &rly gfucnwhen
telcopio( whendcliveredpenmallyinrritingouftcn&eocitd into frcUaibd $fi[6gmril,
to 6c folowing ad&rcoseE:
Ifto Rocky It ouotain Pow€c noe{ylUomainPower
JeftroyBrret
1569 WestNor& Tqlc
saltlrkccity,uT 84116
Withacqyto:noclytvlomainPowcn
Office ofGencral Corrcel
14(17 N. WGst T€qle Suite 320
Salt lrke City, Ut h t4t 16
Ifto Cit!,:Idaho FdlB CityPower
BcarPrairie
l,l0 Smft Cqital Avwe
Box 50lll0
Idaho Falls, ID 83405
oto srch ofter addr,ess aaCity or RmlryMormtainPowermaydesignate inmiting"
13.(5 Iregmod A,grcano. this Agtmm, yteo ccrcuteE cmsfiuEs &E cdirc
agrceoeut bctrveea &c Partics hcacb Yilh lwoct to &s AsBGts defid in this Ageemcm, d
sryasdcs edncgdes allgialincextcasionageemcntr mdunderstafllingp, oral md tmifiEn,
bctwcca the Puties hercfio with rcepect b the Arscts.
S.bFdbCtyf*tkAfmahlpToattI
t
I
t3.t}7 Cudaparts. IhisASfccmcilmaybe cxerbd in oomeryutr, cach ofrrtich
Sall frr all purpm be demod o bc m ciginal anl uihich rhall omcfure re md ttc smeinsmd.
IN WITNHTS WIIERFOF, &c hrticshar/e signedtrisAgr€clncot asoftrc dde
ffiilabonGwrih.
IDAHO FAI,LS FOWER.ROCI(T MOI]NTAIN FOWDR.
Bf-frLl,*/A:f.'.'/t
By
Nmc: Rebt(.Sr L,*ffi;;al-Narne: Tony
Title IVlayu,IdfuFallE Tftlc OpcrrtimItlmager
IflrFdbGi,ArrcfficAeraEDtdr3
7-
I
I
t
EXHIEilT A
DESCruPTION OT ASSETS SENVING
TRANSFENRE) CUSIIOMERI}
Pf,oEEssf,xlfl. U Y
D.scdption
Hanlll_$eotie
gqte! Pdsr
5l
388
3?!PffihSenfte
lrwneTqc
SrbItlc.-Hlthg Araotr
frgeosca
Seprdon
Cocils
12 tfqfie Fsmp @t16nhlegnffrm$cJott CGlsTd$ulc
TGl S.L
PdG.
IdrtoF.lbClyAgmcAfruoE!IOofrt
Un<lerglurrd Conductrsild Devbg
LheTranfimgr
lrrebrs
sl,4,:19
S12,52't
$12f,
$1467E
$1,75i1
lrqa35
9,122
s0,184
3a5m
tl3,786
o
wp1@
t
BRC,,,0ilAY
Oc.crldon
PlanlhSen&e
8dc Prlc.
367
PbfilnSeruio
lnoomeTaxes
SCePrt -Efifhe Acott
Stess
Sepafdott
Co6ts
12 tlontu Rarilue O 16n5
tqdffrilsac0on CoelsTdgpcmc
TotdSd.ftlc.
E tohlbCryrlrEaM*A;!d
hgDn dl3
Uillcrgmrtd Condu6rt
and Devbas v1wl
w
3266
fr67
E329
$16E
$1265
01.530
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t
EXHTITB
IUctr Nudcrr etd f2 Prier ltflonfrr Floctrlc Hlr
ForTnncfEmGd Ctfiucrr
Eff.OANAY
As imlrdcd unda Efiibit A fc thir sib, 12 rnonrfis of re{,Eouc @ 16'l% = $329.
t btdl@AckfrcASrca
El:e I dr3
2e433306 GITlc 2t431304 2iltmaEaiBl lunrt I ILta
?r!b.lG.ElXrrf -IF.?g4w:rrlt.l.lf
'B..t!lllrS
1lllt
3!?98Las,aza'6,6
Itta
}nltrrlo|l.t
WlV-res
tB/tr'
'2e!t35
1Xr9
,,i12-6xlfln,p."
.r4r9,c.o
23578rn
wl,
.r+!9r2E!!1q,!LltltS
o_-u,
4tr;'
T'1
E{9E!3
1++1s5a:l.
IL,.Itdml
Ul,
17i.z,.{++est.$
aae
2411
f,rrl.
\UL
l:7-rt1lrjaela
,8.ttr
Foxel.rtw.4Etaql{
lQrGrr.rtlllGOiruEq+i/E.trl
SaiL !!!x
uri,
*se
,z_42n4L3
?',:tu,tr{,,,Al L15l,12 ,5A.t Q7.L'aler-t
:ug!.rr lrr{El Ls.a tEL6i,E.A tt3.tx15Tr
D#.lml?ndirrlooal
I
I'.hibit C
BILL OT SALE
Sellcr:f,oe$MountrL Porrr
CttyofiIdahoFdtrBuycr:
For valuable ooddcrdlon, of ufiich tte uraersignod actooUoages rccipt, bilaling
$31J51, PEcifiCorp, doing busincss as Rocky Motutain Power (C.ompotf), hcr$y grarts,
boryins, sclls md &livcrs City AssctTransfa
Agrccmpdddod Es of in md to all ofthe
AssstslistodmBhibitA
PoescssionofCorymy.
to said As€t Trmsfer Aer€cmd, md presently in the
TIIEASSETSI ARE SOLDATiIDDELIVERM TO BIIYER"AS IS, WHEREIS."
t
PACIFICORP HEREEY DIIICLAIIVISI AI{D EX(Cl[.IDEft HEREFROTvI: (A) AI\[Y
E)(PRESS OR IMPLIED REPRESENTATION ORWARRANTY AS TOTHEVALI]q
coNDmoN, DESIGN, OPERATION ORQUALITY OF TIIE MATERIAI"S OR
WORXMANSHIP IN, OR AIIIY DEFECTS IN TIIE ASSETS; (B) AI{Y E)(PRESS OR
IMPUED WARRA}.ITY OF MERCHANTIBILXTY OR FM{ESS F1OR I'SE OR FOR A
PARTTCI T.AR PURPOSB OR (C) Ar\rY EXPRESS OR IMPLIED REPRESBIIATION,
GUARANTEB OBLIGATION, LIABILXTY ORWARRAI{TY OF SEIrm, E)(PRESS OR
IMPLtrED, OF ANY KIND, ARXSINGBY I-AWOR@I'RSE OF PERFORMANCE,
DEALING, OR USAGE OF TRADE.
Dercddt's 7 &yof /n 20t9
PanifiCory
By:
Itg:
I hoEdLCiUAl'aPufr*{r@thar2dlt
Dp.to'tinx dd*^'g"'"-
R