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HomeMy WebLinkAbout20200522Application.pdfY ROCKY MOUNTAIN POWER A O|VISION OF NACIFICORP "^.D Vice President, Regulation Enclosures -,.11-trlI'f'\, . ,'r- ll i 'j ::'-' n" a. 1':l."-',...: L'L i il J'Lu 1407 W. North Temple, Suite 330 Salt Lake City, Utah &4116 May 22,2020 VIA ELE C TRONI C D E LIVERY Diane Hanian Commission Secretary Idaho Public Utilities Commission I1331 W Chinden Blvd Building 8 Suite 20lA Boise,ID 83714 Re:CASE NO. PAC.E.2O-06 IN THE MATTER OF THE APPLICATION FOR APPROVAL OF THE PIONEER ROAD / RUSTIC LAI\IE I ITOO SOUTH ASSET TRANSFER AGREEMENT BETWEEN ROCKY MOUNTAIN POWERAI\ID THE CITY OF IDAHO FALLS Dear Ms. Hanian Enclosed for electronic filing in the above mentioned matter are Rocky Mountain Power's and the city of ldaho Fall's Joint Application for approval of the asset purchase agreement and transfer of electric service on Pioneer Road - Rustic Lane - and 1700 South as described in this Application. ery truly yours, Adam Lowney (158#10456) McDowell Rackner Gibson PC 419 SW I lft Avenue, Suite 400 Portland, OR 97205 Telephone: (503) 595-3926 Fax: (503) 595-3928 Email: adam@mrs-law.con'r Richard Garlish Emily L. Wegener Rocky Mountain Power 1407 W. North Temple, Suite 320 Salt Lake City, Utah 84116 Telephone: (801) 2204526 Email: Richard.Garlish@paci fi corp.com Emilv.We com Attorneys for Roclcy Mountain Power BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN TIIE MATTER OF THE APPLICATION FOR APPROVAL OF THE PIONEER ROAD/RUSTIC LAI\E/1700 SOUTH ASSET TRANSFER AGREEMENT BETWEEN ROCKY MOUNTAIN POWER AI\ID THE CITY OF IDAHO FALLS CASE NO. PAC.E.2O.O6 APPLICATION OF ROCKY MOUNTAIN POWER ) ) ) ) ) ) ) Rocky Mountain Power, a division of PacifiCorp (the "Company"), pursuant to provisions of the Electric Stabilization Act, I.C. $ 6l-332, et. seq., and I.C. $ 6l-328, hereby files this application with the Idaho Public Utilities Commission ("Commission") for approval of the Asset Transfer 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 used by the Company to supply electric service to: five customers on Rustic Lane; one customer on Pioneer Road; and four customers on l7s South, as more particularly described in the'Agreement. In support of this Application, Rocky APPLICATION OF ROCKY MOUNTAIN POWER Page I Mountain Power states as follows: 1. Rocky Mountain Power, a division of PacifiCorp, &n Oregon corporation, located at 1407 West North Temple, Salt Lake City, Utah 841 16, is authorized to do and is doing business in the State of Idaho. The Company provides retail electric service to approximately 84,000 customers in the state and is subject to the jurisdiction of the 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. The City of 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 ofthe City, and the City provides service to one or more customers within the Company's service territory. I. BACKGROUNI) 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 5,2017.1 4. The Service Allocation Agreement specifies that existing customers as of the I In the Matter.of the Join Application of the City of Idaho Falls and Roclcy Mountain Power for Approval of a Service Allocation Agreemenl, Case No. PAC-E-17-12, Order No.33943 (December 5,2017\. APPLICATION OF ROCKY MOUNTAIN POWER Page2 date of the agreement would continue to be served by their current electric supplier irrespective of service territory boundaries.2 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 used to serve that customer. The Company and the City agreed thatjust compensation for lost revenues would be an amount equal to 167 percent of the total of the respective customers' electric bills from the prior twelve month period. In addition, the acquiring utility would purchase the poles, wires, cross arrns, 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 pay 167 percent of the ten customers' previous twelve months electric bills, as shown in Exhibit B to the Asset Transfer Agreement, in addition to purchasing the facilities described in Exhibit A to the Asset Transfer 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 Transfer 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 Exhibits A and B to the Agreement, and pay the Company forthe assets transferred, as well as the revenue reimbursement, legal and transaction costs. III. COMMUNICATION 8. Communications regarding this Application should be addressed to: 2 Service Allocation Agreement APPLICATION OF ROCKY MOUNTAIN POWER Page 3 If to Roclcy Mountain Power: Ted Weston Emily Wegener 1407 W. North Temple, Suite 330 Salt Lake ciry, utah 841l6 Telephone : (801) 220-29 63 Fax: (801) 220-2798 Email: Ted.Weston@pacifi corp.com Emi ly.Weeener@pacifi com.com If to the City of Idaho Falls: Idaho Falls City Power Bear Prairie 140 South Capital Avenue Box 50220 Idaho Falls, Idaho 83405 In addition, the Company respectfully requests that all data requests regarding this maffer be addressed to one or more of the following: By e-mail (prefened) By regular mail APPLICATION OF ROCKY MOUNTAIN POWER datarequest@f acifi corp.com Data Request Response Center PacifiCorp 825 NE Multnomah, Suite 2000 Portland, OR 97232 9. The Company stands ready for immediate consideration of its Application and will present testimony to support the Application at public hearing, as required by the Commission. V. CONCLUSION WHEREFORE, Rocky Mountain Power and the city of Idaho Falls respectfully request that the Commission: l) issue a final order approving the Asset Transfer Agreement; and2) authorize the transfer of electric service for the ten customers as described in Exhibits A and B to the Agreement between Rocky Mountain Power and the city of ldaho Falls. Page 4 DATED this}Zil day of May,2020. APPLICATION OF ROCKY MOUNTAIN POWER Respectfully submitted, By Adam Lowney (IS8#10456) McDowell Rackner Gibson PC 419 SW I lft Avenue, Suite 400 Portland, OR 97205 Telephone: (503) 595-3926 Fax: (503) 595-3928 Email: adam@mrg-law.com Richard Garlish Emily L. Wegener 1407 West North Temple, Suite 320 Salt Lake City, Utah 841l6 Telephone No. (801) 2204526 Mobile No. (385) 227-2476 Email : Emily.weeener@oacifi corp.com Attorneys for Rocley Mountain Power Page 5 ATTACHMENTA ASSDT IRANSIER AGREEMENT BETWEEN ROCKTMOIJNTAIN POWER ANI) CIIY or rDAEo FALr,S, rDAHO This Afs6t Trarsfcr Agreernent (the "Agreenrcnt"), datod this _ day oflvtay, 2020, is betwem City of ldabo Falls, Idaho, a mrmicipal cuporation of the Sate of ldaho &t/a Idabo Falls Pover (€itf"); and PapifiCorp, rn Orcgou corporation, d/Ua in Idaho as Roctry Mountain Power CRocky Mormtsin Powct'). Rocky Mourtain Power and City arc sometimes referred to collectively as *Parties" and individually as *Party.' WHEREAS, Roclry Mouutain Powcr ownB $rtain distribution assas located on or near Rustic I-mg BonoerrilleCounty,Idlho mdooreputiorlarlyd€scribd inE fiibitAtottis Agremm; and WHEREAS, Rocky Ntouritaiu Power owns certain disEibution assets locstcd on or ncaf, tTth Soudr" Bonnwille County, Idaho aad more partioularly dercribed in Exhibit A to this Agreemcng and WHEREAS, Rocky Mountain Power oums csrtain distribution assets locfltod on or ncar 1745 South Pioneer Roa4 Bonosvi[e Curnty, Idaho aad more particulrly describcd in Exhibit A tothisAerecm@q ed WHERBAS, City has agreed to puchase the Assas from Roclry Morrntain Power and Rocky Mountain Power hercby agrees to soll tb€ Ass€ts to City itr aocordmoe with md sftject to all ofthe tcrms aod conditions of sale as orpressed hcrciq md in accodance withthc Service Allocation Agreement cntered into by Rocky MqmtainPowcr and City, datd fuober q 2017, which was qproved by thc Idaho Public Utilities Cmission on Decembu 5, 2017; and WHEREAS, City has agrred to s€f,ve the cusfiomers after prncnaeing lhe facilities currently serving thesc customug in accordmce with n trl nrbject o all of the terms mdconditions of sale as expressed hemein NOW, TIIEREFOF&, for and in consideration ofthe mutual promiees and cov€nants and conditions set forth in ttis Agreoreirt, the sufEcicncy of which is hertby murually acknowlodged ad accepted, tbc Puties h€reto agrce as follows: l. Definitions. For prposes of this Agreement, the following t€rrls used h€rein but not othcnn isc defin€d fisrcin shell havc the following meaning wheo used with initial capitalizatio& whcrfter singular or plural: 1.01 '6Assets' rrcans those facilitiee cunwrtly owned by RockyMounain Power, as described in Exhibit A. U.hfdhCity Arsd Pudrsc furaool Prge I ofl5 1.02 *Commissiort''memg the Idaho Public Utilitiee Corrmissim- 1.03 "Transferred Customels" means tre Customers that will be transfcred to ldEho Falls Power as a result of this tueaction md u,hose mets umbers rc listcd in Exhibit B, 1.04 "Transfer D8&" m€ans the dab upon ntich all of the Transf€rred Customcrs shaU bocome the crrstomils of Idaho Falls Power. Thc Trausfa Date shall bo agrood to in uriting by the Parties aftcr Paymcnt is reoeived by Rocky Mountain Powcr and fte cxocutcd bill of sale is receivedby eE Crty. 2. $ale and hnfiasc of Asscts. 2.01 Asscts to Be Sold. Tbc Assets thst wil bc trmsf€rr€d to City as a recnrlt of the Trruferred chlstmers being served by Ctty are described in Exhibit A. 2.OZ Pruchase Price. The Purchasc Price forthe Asssts ahall be: $12,854 2,03 Pamed. Thc Rnchase Prioe Sall be paid to Rocky Motrotain Powcr by City wilhin fifteen (I5) dayr of lhe date this Agree,ment is executod by both Prtiee; such paynat shall bcbycheck md dslivcrcd o: Rocky Mouutain Powa Timotlty Solomon f27 East lvlain Rexburg ID 83440 2.U Instnrmeots ofConrevmc€ ed Tra$f€r. Subjest to thc satisfaption of the conditioru precedeirt set forlh in Sectioa 8 below, and puarmt to all of the terms md conditions of this Agrcem€ot, including reccip of Paynm by Rocky Mormtain Power, Rocky Mountain Powa shdl cil,ccute and dclivcr to City a bill of eale to vest in City gpod and markctablc title to 6c Ass€fr, s$ject to no socurity interest$ lie,rs q eocumbranccs, md substantially in thc form of the uoexecutod bill of sale dtschd hneto as Exhibit C. 2.OS Proration of Personal Pqnertv Taxcs. Pcrsonsl Fopcrty taxes, if spplicablg drall be prorated beweeir Rocky Morrolain Power md Clty as of thc Trmsfsr Dde based rrym days of owncrship io th€ tax yar in u/hich the Trmsfcr Date occurs. 2.06 Salcs. Trmsfer md Otlrer Tues. Any sdes, €r(cisE transfer, prrrchase, u8c, or similar tax which may be payable by rcasm of the salc of all or a portioo of the Ass€ts shall be borne aodpaidbyCity. :. Risk of Loss 3.01 Traosferof Custom€rs. RockyMomtainPowcnshall relinryistt slacfiicsl rervice to the Trandenod Customers at I l:59 am- Idaho Falls local time on the Trmsfer Datc. Rocky Mountain Power shdl be obligated to continue to provide eloctic servicc and cntitled to rcccive palm€ot ftrom the sale Ed delivery of clectric senricc up to l1:59 a.m. or the Transf€r Date. The Idrto Frlb City A$.f PultrrcAfrcaortot Pry2of t5 City sttall hrve the ar&ority and tbe obligetionto provide elocuic ssrvio€ to the Transfcned Custom€rs and shall be entitled to reccivc palmcot fi,om any electic sen ice tom md after 12:00 p.m" Idaho Falls loeal time on the Transfer Date, unlcss otberwise agreed to bythc Parties in writin& From and after tho Tronsfer Date seryice to the Trarsf€rEd C\rstomers shall be prrovidcd by City, and the City qfrnfl be responsible for all operation and maintenance costs aod besr all risk of loss. 4. Repre$irtations arrd Wsrranti€s of Roc;kJ Mountain Pgwer. Roc&y Mountain Power rcpr€s€uts and warrants m follows: 4.01 Orearizatlm and Pow€rg of Rockv Mountain Pow€r. Rocky Mountain Power is m Oregon corporatiotr, duly orgeizod and ralidly uisfing undcr the laws of the State of Orcgon, ard is duly quatified to do business in the Starc of ldaho. Rocky Mountain Power hne all requisite powerand autborityto provide electis service b fte AssS. 4.02 Authoritv Relativc to Aure€Nn€o[ Gov€rnmental Authorization Rocky Mountain Power has the power and authority to €m€cuto ad deliver this Agreement and to consurnmate the tansactions contemplmed herr$y- This Agpemcnt has bea duly and validly authorizad md oonstihrtcs the valid and binding obligation of Rocky Mormtain Powq eaforccable in accordaoce with its terms, cxcqrt as enforc€mcnl may be limitd by applicablc baolauptcS insolvcnoy, rcorganization, moratorium or similar laurs affeqting the cnforccnrent of creditors' rights generally and except that thc availability of the equitable remediee of specific performance md injrwtive relief arp zubject to the discr€tion of the court before which any proceeding may be brought No declratim, filing or regisuation with, or notice to, or affihorizrlttsnqcofircnt or ryproval oq any governmental or regulatory body or authority is noceesary for the cxqrtion md ddivery of rhic dgecmentbyRoclcy Mountain Powq orthe consummationby RoclryMountain Ponerofthe trausactions contmrplafcd bythis Agreemcmt, providod that Rocky Mqmtain Powermakesno rcpresentation or wafiaffy with respcct 3o approvals which may be rcquir€d frm tho Idaho Public Utilitios Commission or the Fedcral Enogy Regulatory Commissioa. 4.03 Non4ontave,ntion:.Aporovals. The execution and dclivery ofthis Agreement and ths smsummation of the trmsactions contcmptared hrrr*y will oot violrte conflict with or rcsult in a brcach of my provision of or sonstitute a dsfault under, or rcsult in the turrination of any note, bond, mortgage, indecturg deed of tmst, contract, lease or other irstumeot, obligdion or agrc€m€nt of aoy kind to which Roclry Motutain Power is aow a Party or by which uy of its assctt may be bqmd or affected. 5. Bsl . City rcpresents and warrmts as follows: 5.01 Arrgqrz4lgqlndPgwcrs ltQiU. City is duly qualified to do btuinees in fte SAte of ldaho. City has all requisite pow€r and authority provide sertrice to the Transferred C\rstom€rs. 5-oz 4 cityhasthcpowct and authority to execute and deliver this Agrecment and to coruummatc tlre trmsactions Idrto Fdb City Atra Purtt|sc AgmGat hte 3 of 15 coat€mplatnd hereby. This Agemart bas b€€n duly and validly authmized md constitutes the valid and binding obligation ofCity enforccablc in accordmcewith its t€rrns, ucept as eoforceramt may tre limirca by applicable brnktrptcy, insolvocy, reorgmization, moratorium or similar laws affccting lho cnforcement of crcditors' rights ge,ncraUy and cxccfl that trc ovailability of the equiuble rcmedies of ryccific performarce md injunctivc relief are subject to the dison*im of the court before which my pmceeding Dry be brcught. No doclaration, ffliqg or registationwidl ornolice to, or arttorizatioo, c"onselrt orapproval oq aoy govemrental or regulatorybody or autbority is necessary for fte execution and dclivuy of this Agreemcnt by City. 5.03 Nm4ontrarreirtioru Anlrovals. Thc exeqrtion and dclivery of this fureement aod the consummation of th hansactions contqlatod h€r*y will not violde, conflict with m rcsult in a broach of auy provision of,, or constihrte a dcfault uDdcr, or result in thc terminatio of any aotc, bon4 mortgage, indeotuc, deed of tust, contac( lease or other instnmea! obligation or agree,mmt of aaykind to which City is Ixvw a Party orbywhich anyof its assets maybe bouod or affected. 6. Covonaols ofRockv Mountain Power. Rocky Momhin Power coveoaots and agrees as follows: 6.01 Coafttct of Bueiness. Rocky Mumtain Power shall prrovidc service to thc Transfcred Custotn€rs fo ths timc p€rids $et forth in Section f of Ois Agre€ment in acco,rdance with itspast practices aod shall €rrgage inno material transsc:tims relating to the Trmsfcred Cugtomss out of the ordinry course ofbusiness, including enrering into any contract or financing arrangEment that limits RocIry Mormtain Power's ability to tresfer the Trmsf€rred Custom€rs to = City. 6.02 Rcasonpble Effo,r.ts. Subject to the tems of this Agrcement and fiduciary obligations undcr applicablc law, Rodsy Mourtain Pw,a shall use commercially rcssonsble etrorts to effectuatethe trarsactims cotrtemplded by this md to trtfitt all ofAe conditions of thc Parties' obligations under this Agrecrnont and shall do all such acts and thingr as reasonably may be rcquired to carry out Rocky Mountain Power's obligations hereundcr md to coryletc the tralrsastion contqlafed by this Agroement. 6.03 Notification. Rocky Mormtain Powcr will give City prumpt writteir notioe of my event condition or fact arising prior to the Traosfer Dats that would canse any of its reprwentatioru aod warrantiee in this egeement to bc unttre in any mrcrial re.spect. 7. Covmauts_ercitr', City covenants md agrees as follows: 7.01 Reasonable Efforb. Subject to &e terms ofthis md fiduciary obligations udcr applicable ltw, City shall use coumcrrially reasonable efforts to effoctuste th€ nansactioss contqlated by ftis Agrc@c,nt and to ftlfill all of th conditions of the Parties' obligations .ra6gr rhir Agrcemont and shell do all such acts a6d r.ingF as rcasoaably may be I&toFdbCryArraPrrthrcfumt PrSG4 oflJ roquirpd to carry out City's obligations hereunder and to oompletc the tansaction con&mphfed by thisAgremeirf 7.02 Notification City will give Rocky Mountain Power prc'ryt writtco mtice of my weNrg condition or fact arising prtor to the Trmsfer Date tha would carsc my of iU r€pre8€Nilationg and wrranties in this A$teerneot to bo tmtnre in anymaterial rospect 7.A3 ldemniw. City shall dcf@( indcmni$, and bold harmless Rocky Morrntain Power, its officer8, dir6tor3, omploycee, ad agrat, ftm md agaimt any md all liability,loss' damage, claime, nrit or catue of action uising or* of or relCing to Citt's serl'foe to tho trursferrcd Custmcrs. Thie obligation shall nrrrive ths termination ofthis Agreemat and completion of the traosactims cont€mplat€d by thls Agreane,nt 7.M Riehts-of-wqy. hior to the Trmsfer Date, City shdl indepcndmtly obtain at City's own expcnsc, all casel'lrints or othor rcal property ri$tc lioenscs or permissions, (tights'of- waf) neoossary for City to lawfully sonre the Transfqrcd Customers. 8. Conditions Pr€ccdcot BiU of Sale- All of the obligations of Rocly lvloutain Powcr under this Ageemcut are snrbject to thc fulfillment prior to and upon the Tlansfer Date of cach of the following conditions: 8.01 Rspr€s€mtations. Warrailics and Cov€,nmts of Citr'. All representations and wrrantios -ad" in this Ag€eirlent by City *hall b.6 tnrc and corr€ct in alt material rcspect as of tbe Trrcfer Date as fully * though such representations and warranties had bceomade on and as of the Trmsfer D*g and as of &e Trmsfsr DaIc, City shall have complicd in all matoial respects wift all covenanb made by it in &is ASreemeit. 8.02 Litigation At 6e Traosftr Date, thcre ehall not be in effect any order, dectte, or injgoction of a cmrt of competent judsdiction restraining e'npining orp,rohibiting the consgmation of thc fraosastion3 contryht€d bV this Asaemeot (eaoh Party hercby agreeing to gse its rcasoosble efforts, including reasonable appeals to highcr courts' to have any such order, decree m injunction set asidc or lifted), and no action shall have bccn taken, aod no statutg rule or rcgulation JraU hare b€cc cnacteq by any staleor fcdcral govsrm€nt orgovtmmcntal agencyin ftc United Sfatcs which would prwant the corunrmmation of $rch bassactions. 9. Survival of Reptesentstiols md Warraqties' Lll repreeurtations rnd warranties of the Panies, md all liabilitytherefor, gtrall suYive for a period of me year past the Transfer Datq at which timo thc obligations uader ftis lg_€cment sh"lt "*s" and cxpire. Notrrithstaoding the forgoing obtgations tder Section 7.O4 of this Agreemeot shall oontinue indefinitely. Idef,oFilbCty ArectPurrtr Att!@art P.sF 5 oflS 10. Termination 10.01 Tcrmination. This Agreemat may be terminated and abmdoued at any timc prior to thcTrmsfcr Date if: (a) The Puties agroe in writing to tcrminale this fureemetr by mutual consen[ or (b) City delivers a writm notice b Rocky Mormtain Power to fte effect that RocJry Momtain Powcr bas defautted in a material respect undcr one or morE of its coveosns aDd agrccncnts containcd hercin (vhich shall b€ specifid in detail in suchnoticc), and such cmdition or codifions have not beeil suisfied or srch d€fault or deforlr have not bcc,n rernedied (or waived by City) within thirty (30) days afterthe date suoh notice is delivered by City to Rocky MoutainPowcn; or (c) Rocky Momtain Power ddivcrs a written notice to City to the GffEt thail City has deftulted in a ndsial respect rmder one or more of its coveuds aod agreemeots co,lrhinod h€rein (which sbsll be sprcified in detail in such notice), md srch conditionr or conditions havc not bson satiefiod or zuch default on defaults have not been remedied (or waived by Rocky tt{ountain Power) wimin Sirty (30) dsys after the datc euch notice is deliveired by Rocky Mountain Power to City or (d) The Transfcr Date has not ocflrrod on or before July 31, 2019 or such lat€r da$e to which thet€rm sf this Agrccm@t may bc atemded pursusnt to muhral qgrc@errt offte Prties, provided that ore of the Parties gives noticc to the o&sr so tcrminating thic Agecm€nt and &at ec Prty see.kiqg such termination hae Dot defaulted in a mrnner rcsp,onsiblc for dclaying the Tlassftr Date past July 31, 2019. 10.02 Effect of Termination. Excqt where specific tcrms and conditions of thie Agreement provide that such tcrms and cmditions gunrivrc tsminatim of this Agremcnt, any termination pursuant 16 this Soction l0 shall ncliwe bOth Parties hseto of their obligations set forth hereiq and any nrh termirtion cmstitutcs a hilure of the co,nditions to the obligations of the Parties to implemcnt this fureement, enc€pt thst nothing herein will relieve any Party fiom liability for anybreach of this Agrcouent. 11. Assiorrmmt. Neith€rPartymay assign its rights rmderthisfurecmcnt to mytbfud paxty wi$outthe wdt€o cons€rt ofthe othcrParty. 12. Jurisdiction of Regularory Authoritias In the evcnt ftat the Commission or my other state, fodcral, or municipal anhority determines that any provision of thic Agreemeit cooflicts with or is in violation of applicable law, or issu€s any nrles, regulations, or onders which requfue Roclry Mouutain Power to altq or @€od any of &e provisions of this Ago€rncnt or to Eminate tris Agment, or that othenrisc peotude or marerially int€rf€re wifr or rescind the transfcr of asscts contarylatod her€ilr, this Agreeinc,nt automatically shall be amendcd to comply with such detcrminstiom, arneodment nrle, rcgulation Id*oPdbCityrra Purfrrc Agrlooa P+s 6 of 15 or ordcr; or, if so ord€re{ this Agreemeot sha[ terminate wiftout effccting trmgfcr of the TransfsmGd Orstomers to Cit!,; and in any of the foregoing sv@ts, Rocky Mormtain Powcr shall trot bc liable b City fu damages or losscs of any kind whatsoever, irclding cmsequemtid dmages, which Crtymay sustain as a result of such determiratioa, m€ndmorlg nrlg regulatiom, or order, or modificatim or tc' indioo of this transaction. 13. Misocllmmrr. 13,01 Amcodm€nf This Agrscm€nt may be anoded only by an insErmcot itr wdting eroortedbytho Parties which expresslyrefers tothis,qgtment and stdcs that it is an mendrrent hereto. 13.02 Section and Paragranb Headineq. The Soction md Subsection headingn ooataincd ia rhis furcemeirt are for refemce Frposos only and shall not in my way affoct the mcuing or imcrptaatioa of this Agreement 1 3 .03 Waiver. Any of the teirne or conditions of this Agreement may be waivod at any time md tom time to time, in uniting; by fto Prty entitled to the beoefit of such t€n8s or conditions 13.04 JURY WATVEB. TO TIIE TULLEST EXIENT PERMITTEtr' BY I"AW EACH OT TEE PARTIES WATVES AITIY RIGtrT IT MAY EAVE TO A TNHL BY JI'RY IN NESPECT OT LMGATION DIRECTLY OR IIIDINECTLY ARISING OUT OF, UNDER OR IN CONNECTION WTTH THIII AGREEMENT. EACIE PARTY TURTEER WAIVES ANY RIGHT TO CONSOLII)ATE AIty ACTION IN WEICTI A JTIRY TRIAL HAS BEEN WAT\IEI' WTTE ANY OTEERACTION IN WEICH A JI'RY TRIAL CAT{NOT BE ORHAS NOT BEEN WAIVED. r3.O4 LIITilITATION OT'REMIDIES. T'ITDER NO CIRCT'MSTANCES SEALL EITEER pARTy BE LIABLE FOR ADIY CONSEQIIEIT{TIAL, EXEMPT,ARY, PInflfiVE, SPECTAL, IIIDIRECT OR INCIDENTAL IIAMAGES OR ECONOIUIC LOSSES ARISING OI,T OF AIYY CT,AIlt4 DEIUAND, ORACTION BROUGETWTIE RESPECT I1O TEIS AGREEMENT. 13.05 Notices. All notices, rtqu€sts, dcoands, aad othcr communications gival by City orRoclry MormtainPower ehallbe in writing md shall bede€med to have been duly ghrcnwhen telecopie{ whm dclivered personally in u/riting or when depoited into the Unit€d $1g16s mnil' to the following addresses: Ifto Rocky Mountain Powe,c RookyMountain Power TimothySolomon 127 East Main Rexburg,ID 83440 Lt boFslh City &uhrstrofuiocoat Pa3c ? of 15 Withacopyto RockyMorutain Power Office of Ge,neral Counsel 1407N. WostTqle Suite 320 salt lrkeciry, utah 84116 If to City:Idabo Falls Power Bear Prairie 140 SouthCapial Avenue Box 50220 Idaho FaUs,ID 83,m5 or to anch other address as City or Rocky Momtain Power may designate in wdting. 13.06 Intcerat€d Agrc€o.€ot. This Agreemeof wheo exocutod, cmstitutes the eotfue agreemat betrvecn the Parties hereto with respeot to the Asset defined in this Agrc€mcnt, ,nd and regptos all prior line axtension agc€inents and udostmdings, oral and writErq betwecn the Parties hercfio with rcspect to tbe Assets. 13.07 Countcroarts. Thie Agrecment may be executcd in countorpats, aach of which shall for all tr[posos bc deerred o be an original aad which shall con*iaile one *rrd the srme instrumelrt. IN WTINESS WHEREOF, the Parties bave signed ftis Agrcement as of the date first above urritten- IDAHO FALIS POWER ROCICT MOI'NTNN FOWER By By: Name: ScottDfiick Title: Operdions Managcr, Shellcy Disuict Nanre,@@e4 Title: lv{sffi Idaho FaIIs (r1apt'U krujwt rrhmqr I&toFdb City A*ctPEclrsc AgiElo.ot P.gc t of 15 EIEIBIT A DESCBIPTTON OT ASSETS SERVING IRAIYSFERREI} CUSTOMERII !I15SAUfi Pr)tEERRoAD D.acrlptlon Plant ln Sqvlce Sabr Pdcr 386 388 309 Plant ln Ssvloe lncorne Taxes SCo Prbc.Et&dngArcd f.lpenscc SearAmlfafnabrCosts 12 MonheRsurnrc@ 167% lagaUTraneacton Cmb Tofd Expcncc TotC Salc Pdc. Ilbrr&CIy Arrc futltroAgret Pr3e 9 of 15 Ovcrh€sd Conducbm & Devicac LineTmnsformere SoMcee 812,. $102 $15r $374 $fi2 s480 s3.287 $280 s100 $3,672 $4,158 1 I I {* Ia rl ;l t ,J* I I I2dp1 I , l&-rcfiwre pdr to deod ,td hrtd dorn guy crd onCtq drop ,E il phqt. cd nalhal ud|..nf, fior Clty 80-lror prlmqry lf*,ftr cid f2 ehtr tormrtrr ltucr llF pdr rf,rm, dm guy ond ondtorIhlro Fdr .Psur, .rorouG I I a I I E& I CC' cuEronEn,SAII tN PLACE 1745 S Pl rDmESr : l?il$ S FXTEER E IDAIO FAfS r.l t,rlo-rt f evc Nsts to nroppfq nmtort ddttcd ltrnrc tornmelng, lddro Fo[a Potr to buy foctrlUo ar, E- I \ Emp , lrop Btlne10, / iEo, 006806182 Es? E'Prm D.L 02/14/20 S.oh 1=200' mtult IDFI2 lf1Pod.,ot trRCtrffio RIISTIC'ATE Dcrerlotbn Plant ln SeMoe 364 Polss, Touergand Fhturos Oerhaad Conducbrs & Do[coe Llne Transformes Sdm Prlce $2,986 s788 02,567 $8,239 Sazs E6,915 $a,040 $7,54t1 si,500 $t1.683 s18,507G 365 368 Flant h SeNioe lncomeTaxes Srb Prlco - Erbtlng A:setc Expensc SeperationlEslimabl Coste 12 MonthsRewnte @1670/5 tcgnUTnans*ton Coots Totrl Erpenrre Tot lgah Pricc E boFdbClyA$aPltl6rrce8luoE Prge l0 of 15 *t*.** Lrt I I 7-):. -/t' cct ro, / Rsot 006743866 oJSItrER : ldoho Folls Power fDOfEtS : irdlc Lmr khhe fdb, D , Job Slort Dsb llop Sttrg li,tfr ooti---- - Cbcuft IDF1I *I%ryTi" io.; I-l-iI I Fort &bt n(trP6t d ooo D'Dot sd I irr, o3102058.0 EST tl/o5/1s l=20O' ,lm so{tm.{ Dscdntlon Phnt ln Service 386 Undarlfound Condult Underyround Condrc{ors and Dqrlce$ 8.lrr Prlc. $04 $1,781 $4,070 $7,500 $1,500 $13,076 $1d8t,@ 367 Plant ln Servlce lncomo Taree 8.b Prbo - Erlr0ng A$el3 Expensea S€parEdon/Es0mabr Co€06 12 Montr Revanue @1e7oh l-cgnUTransacfi on Cosla Tot l Erycmel Tota! Sab Prloe l&ho Fdbclty ArrctPrrrelroASrEal PEE ll of 15 s1 St ,640 ,075 $106 '1*NoI o x TD ta cda UG gn-D! t Pa! rt Lrbrl H Tlrt:\t H tso \ f {rT * + \i.. ^f-.t',f {r,a,cr.xxFrx &oIAI to I N1'F E I Q3 $ ., 6 B 9AI C}t 6ta Io o I arrrw t x D U Ih__I ct ,r0{ rtl(,4f; }| 8 'E t tr& fim 2rn! I : I I I I NoI |" I \= I Nit Noo oflri tr, { t257 j Frmo R r t-,.f,\&mHFEsnp nF-\r-r--ilr or 1qJsflr.EF : ldoho Folb Po*cr Solc in Ploce ADDIESS :2Ee U lrth S ldolro fdb, D Oranlt IDF12 Pot .lot. trRqtr Pott d O Pdat Dot Sod. 0ctr EsT O'o't/31/20*l-200' EX}IIB]T B MGer Numborr and 12 ?rlor Monttr Ehctilc Billr ForTnnrfenod Curbucrt ,7a'SOUTH P0/tGffi ROAD Cfi of ldaho Falls - 1745 S Ploneer Road Ass€t Purchase Request ldaho Falls,lD l^Sr t2 ilOtvlt{s oFACfn,t nEvElUE BYclETOrlER r t57!6 frtlssPlalcar nd OGt llov Dcc Jrn Feb Mer Aptr MeY tm Jul AnS sep illccr 5Ul5!tg,t 24.28 22.81 5.37 520 5.2S 5.4 a.22 12-U 25.t2 18.42 22-U 15.03 171.05 285.6s TOTAIII nfr 22.81 ISIATS 5.37 5.20 5"e9 tA1 c.z2 lLU 24.&2 10ti2 a2;al r5.03 r7r.05 283.85t:t*, It!*oFdbCityt{srtffilAg@t P*e 12d15 RUSttClAltE City d ldaho Falls - Rustic Lane Asset Purchase Request - ldaho Falls, lD LAlT 12 MONTHS OF ACflVE REVEilUE BY CUSIOMER r 167t6 Mctcr fi848772 $ 67.71 s 71.0es 100.17 $ 109.63 $ 47.76 $ 81.s8 $ e7.98 s 125.36 $ 187.07 $ 32.67 $ 114.07 S 86.s3 $ 1,127.91 $ 1,883.61 M€tcr 7ENIffi Mcter Meter 5iloruz 175.82 175.51 181.16 154.99 153.70 137.90 87.8{) 127.57 167.51 146.86 184.04 185.95 1,877.A 3,135.07 TOTAIS $ 95.11 $s 61.22 $$ 54.23 $$ 5e.36 $$ 53.74 0E 67.21 3$ 69.0r $$ 8E.51 $s 131.38 $I e6.33 $$ 109.07 $$ 65.45 $$ eso.62 $$ 1,587,54 $ 23.98 $ 25.80 $ 22.40 $ 22.78 $ 23.E5 $ a.N $ 2._11 $ 21.06 $ 20.71 $ 2s.13 $ 21.8 $ 21.81 $ 273.86 $ '157.01 $ Meter liltg:}151$ 19.96 3 $ 20.04 $ $ 43.72 $ $ 30.76 $ $ 29.11 $ s 24.83 $ I 22.81 $ $ 1E.84 $ $ 18.23 $ S 19.,14 $ $ 17.90 t $ 21.09 $ $ 287.13 S $ 47s.s1 0 381.08 35+26 1,,7.6f 9n.52 308.16 :tsitrl axt.71 381.73 52a.80 tr8.3ll 1/7.91 3E1.03 a,510.01 7.ili2.74 56994031 NoY Oct Scpt Aq Jul tun Mey Apr M.r Feb tan Dec IOTAU; L6796 IdfioFdlr City Arrc Fuchrro Ageanrnt Pagr 13 of I 5 lf,t SO/.fiH CIU of ldaho Falls - 17th South A$et Purchase Requeet - ldaho Falb,lD lASr 12 MOI{T}6 OF ACTM Rn E {UE BY CIIiTOMER x 16196 2699WlrthS 2TSlWlrthS 280tWl?fiS 27r5W1r$S Dec Ilov Oct $pt Attg ,ul lun Mry Apr Mar Fcb Jan Maer 5t35il978$ 129.28 $ 129.98 $ 102.37 s 111.07s 131.40 $ 138.53 $ 1/t5-38 $ 120.43$ w,.tt $ 14/.22 $ 126.18 $ 1'4.84 $ 1,580.t18 $ 2,030.40 ilct€r 2(E6(E2$ 106.1r $ 103.74 $ 102.28$ sz.gz$ 100.6:rs s3.88 $ 97.0e $ 97.09 $ 8629$ ss.et $ 116.53 $ 157.21 $ 1,248.01 $ 2,084.18 Mctet l3!tol60$ 73.50 $ 73.04 $ 6825$ s,so$ ss.lo $ 58.40 $ 69.45 $ 63.57 $ 65.73 $ 1U2.U $ 79.11 $ 81.02 $ 840.08 $ 1,,02.90 MCTCT 2t35:126$ 76.00 $ 73.13s 93.48s 66.65 $ 79.15 $ @.61 $ tr1.72 $ 63.58S o.l+ $ 62.11 $ 62.e1 $ 6i,.96 $ 82..72 0 1,373.94 TOTAls I 38139 3 380.{0 3 aao34 t 330.28 I 800.01 3 3C0.tA3 365.8 $ 3.{67 $ 233.20 3 tm3.88I soezr3 't51.03J 1,4o1.2f3 7Foorz TOIAI.s L67IN I&[oFdbCity Pr8. la of 15 Seller: Buycr: ExhlbitC BILL OF SALE Rocky Mouutrln Powcr CIffof ldrhoFallr For valuable cmsideratioo, of which &e rdersignd achowlodgos roceipt, totaling $12,854, PacifiCorp, doing business as Rocky Mounain Power ("Companf), hereby grants, bargains, sclls and dclivers to the City of Idaho Falls ('Buyct') pursuant to an Asset Traorfer Agrecmeirt dated as of dl of ie rights, title and inu,cst in and b all of 6e Assets listed on Exhibit A" attached to said Asset Transfe Egeeme,nf md prcse,ntly in the Possossion of Compauy. T}IE ASSETS ARE SOLD AND DELTVERED TO BIIYER *AS IS, WHERE IS." PACIFICIORP HEREBY DISCLq,IMS A}ID H(CLIJDBS HERIFROM: (A) AITIY ET<TNTSS OR IMPLIED REPRESENTATION OR WARRANTY AS TO TI{E VALTIE, CONDffiON, DESIGN, OPERATION, OR QUALITY OF TItr IvIATBRIALS OR WORKMANSHIP IN, OR AI.[Y DEF'ECTS IN TIIE ASSETS; (B) A]trY E)(PRESS OR IMPLIED WARRANTY OF MERCHANTIBIUTY OR FNNESS FOR USE OR FOR A PARTICULARPURPOSB; OR (C) ANY E)ORESS oR IMPLIED REPRESENTATION, GUARAI.ITEE, OBLIGATION, LIABILITY OR WARRAI.ITY OF SELLE& EXPRESS OR IMPLIED, OF AI\TY K[ND, ARISING BY LAW OR COI.,RSE OF PERFORMANCE, DEALING, OR USAGE OF TRADE. Datedthis_dayof _ _ _2020, PACIrICORP By: Scott Dsrrick Op€ratioas Managa, Shelley District ldrbo Falr City .Crlot Pucer& Arr@Got PqSr t5 ofls